Search found 915 matches

by anoop
Wed Jul 17, 2019 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: How to plan for extended illness?
Replies: 35
Views: 1742

Re: How to plan for extended illness?

willthrill81 wrote:
Wed Jul 17, 2019 12:55 pm
anoop wrote:
Tue Jul 16, 2019 5:25 pm
Check if the disability payments would be taxable. If not, that may provide additional relief.
Disability insurance payouts are not taxable income.
It depends on whether premiums were pre- or post-tax, whether or not the employer paid, etc.
by anoop
Tue Jul 16, 2019 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: How to plan for extended illness?
Replies: 35
Views: 1742

Re: How to plan for extended illness?

So we have a defense for one of us dying (term life) and for one of us being disabled (long term disability) but not sure what to do about the possibility that one of us ends up with a disease that would require the other spouse to leave work for an extended period of time, whether it be to care fo...
by anoop
Tue Jul 16, 2019 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: How to plan for extended illness?
Replies: 35
Views: 1742

Re: How to plan for extended illness?

dm200 wrote:
Tue Jul 16, 2019 3:17 pm
7. Try to arrange for some others to assist in giving rides, etc. to medical appointments. I believe it is a bit unusual for a patient to be able to go to chemotherapy, etc. by themselves.
Some insurance plans cover the cost of transportation to doctor's visits, if needed.
by anoop
Sun Jul 14, 2019 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Invest in career change to Accounting for 37 yr old? Would it be foolish?
Replies: 145
Views: 7217

Re: Invest in career change to Accounting for 37 yr old? Would it be foolish?

Get a degree in Financial Engineering. It's pretty much the only thing that matters nowadays, so I am sure it's in very high demand.
by anoop
Sun Jul 14, 2019 5:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1317
Views: 124831

Re: U.S. stocks continue to soar!

This is the result of survey at the bottom of the Financial Samurai article linked above. It's probably somewhat skewed since the people taking the survey are probably financially savvy. == How much is your net worth? (All assets minus all liabilities) $20,000,000+ (2%, 308 Votes) -- 2% $10,000,000 ...
by anoop
Sun Jul 14, 2019 11:19 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1317
Views: 124831

Re: U.S. stocks continue to soar!

Many companies are cutting benefits and employees at a time when S&P500 is at an all time high. These things are not unrelated. During the dot com bubble when stocks were going crazy, I used to get multiple calls from recruiters every week. We are not even close to that kind of a boom right now. So...
by anoop
Sun Jul 14, 2019 4:10 am
Forum: Personal Finance (Not Investing)
Topic: Recent layoffs and now focus on corporate valuation - are owners looking to sell?
Replies: 29
Views: 2428

Re: Recent layoffs and now focus on corporate valuation - are owners looking to sell?

it means the company is now being run by bean counters and they will milk it for it's worth. One sure-fire sign the company has become a cash cow is when most of the high level new hires have MBA degrees. As an MBA-toting bean counter, let me just point out the obvious, which is that investors who ...
by anoop
Sun Jul 14, 2019 3:50 am
Forum: Personal Finance (Not Investing)
Topic: Recent layoffs and now focus on corporate valuation - are owners looking to sell?
Replies: 29
Views: 2428

Re: Recent layoffs and now focus on corporate valuation - are owners looking to sell?

it means the company is now being run by bean counters and they will milk it for it's worth. One sure-fire sign the company has become a cash cow is when most of the high level new hires have MBA degrees. As an MBA-toting bean counter, let me just point out the obvious, which is that investors who ...
by anoop
Sun Jul 14, 2019 2:07 am
Forum: Personal Consumer Issues
Topic: How to encrypt Cloud backups?
Replies: 54
Views: 3457

Re: How to encrypt Cloud backups?

deleted
by anoop
Sun Jul 14, 2019 12:54 am
Forum: Personal Finance (Not Investing)
Topic: Recent layoffs and now focus on corporate valuation - are owners looking to sell?
Replies: 29
Views: 2428

Re: Recent layoffs and now focus on corporate valuation - are owners looking to sell?

It's been a crazy few weeks at work. Evidently our owners recently took on new investors. We've had a travel freeze for a couple of months, and layoffs over the last 2 weeks. The owners were visiting regional offices last week to evaluate and try to put people at ease (not sure that worked). We had...
by anoop
Sat Jul 13, 2019 5:26 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1317
Views: 124831

Re: U.S. stocks continue to soar!

That is completely untrue. Most such workers need multiple jobs to make ends meet.. When I was doing a self checkout at the Shop Rite I asked why there weren't more registers open. I was told they can't hire enough people. I see help wanted signs in many windows. That's precisely because they are n...
by anoop
Sat Jul 13, 2019 2:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1317
Views: 124831

Re: U.S. stocks continue to soar!

That's because everyone already has a job. That is completely untrue. Most such workers need multiple jobs to make ends meet because the employers make sure to keep their hours below where they might need to give them benefits. Most people don't think it is worth working such a job where you end up...
by anoop
Fri Jul 12, 2019 11:44 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1317
Views: 124831

Re: U.S. stocks continue to soar!

When the QEs were first being announced (Dow < 10K), I used to joke that the Dow was headed to 30K and I sat on my cash thinking QE wouldn't work. Now the joke is on me. I still don't understand the markets. Rates go up -> stocks go up. Rates go down -> stocks go up. Good employment report -> stocks...
by anoop
Mon Jul 08, 2019 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a new car now or wait: what's the math say?
Replies: 52
Views: 3790

Re: Buy a new car now or wait: what's the math say?

I'm not as optimistic about level 4 automation and beyond. The only piece of tech that has actually added value since my last low tech car (when ABS and traction control were cool), is the backup camera and maybe parking sensors. I am so pessimistic in fact that I don't think we will ever get there....
by anoop
Mon Jul 08, 2019 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a new car now or wait: what's the math say?
Replies: 52
Views: 3790

Re: Buy a new car now or wait: what's the math say?

Is she looking to replace it with another MDX? The current one is near the end of its cycle (it was redesigned for model year 2014), so I probably wouldn't get another MDX right now - in a year or two it will look "old" again. (That doesn't matter to everyone, but it seems to matter for your wife.)...
by anoop
Mon Jul 08, 2019 3:14 am
Forum: Personal Investments
Topic: Where to invest new cash at this time of all time high market
Replies: 24
Views: 2684

Re: Where to invest new cash at this time of all time high market

I just received around 250K due to a stock vesting and not sure if this is the right time to put that money in the market as the market is so high. I got it, this is timing the market but the market seems very very high based upon recent news. My asset allocation for my current assets is 70 Stock a...
by anoop
Sun Jul 07, 2019 9:17 am
Forum: Personal Consumer Issues
Topic: Time for a new car - Corolla or Civic...
Replies: 49
Views: 3344

Re: Time for a new car - Corolla or Civic...

A couple of additional things

This guy's reviews are pretty thorough
https://www.youtube.com/watch?v=FSNgjBMghE0

A lot of recent Hondas have had an "oil dilution" problem. I don't know if there is a fix yet.
by anoop
Sun Jul 07, 2019 8:35 am
Forum: Personal Consumer Issues
Topic: Time for a new car - Corolla or Civic...
Replies: 49
Views: 3344

Re: Time for a new car - Corolla or Civic...

lostdog wrote:
Sun Jul 07, 2019 8:31 am
Corollas have a reputation of being rock solid cars that will last the long run.
Some humor about Corolla’s reliability
https://jalopnik.com/the-story-behind-o ... 1825571462
by anoop
Sun Jul 07, 2019 3:25 am
Forum: Personal Consumer Issues
Topic: Time for a new car - Corolla or Civic...
Replies: 49
Views: 3344

Re: Time for a new car - Corolla or Civic...

^^^ Useful advice. Also, note that on the new Corollas, some models may not have a backup camera , but they do have the "beep" method of telling you that you are about to hit something. A 360 degree beep ability would be nearly as good as a 360 degree camera, I would imagine, if such a thing exists...
by anoop
Sun Jul 07, 2019 3:06 am
Forum: Personal Consumer Issues
Topic: Time for a new car - Corolla or Civic...
Replies: 49
Views: 3344

Re: Time for a new car - Corolla or Civic...

Which one has 360° camera? That’s the one I’d get. I can't figure much use for a 360 camera. I do like a backup camera with dynamic lines for backing into spots, but the 360 does nothing for me. If the car has low ground clearance, which a lot of sports sedans do, it is useful for avoiding front bu...
by anoop
Sun Jul 07, 2019 12:59 am
Forum: Personal Consumer Issues
Topic: No more print Mad magazine
Replies: 31
Views: 2121

Re: No more print Mad magazine

The problem is that they didn't adapt. They needed to have something like mad.tv and content suitable for consumption on iOS and Android. Print is dead, regardless of type of information being published.
by anoop
Sun Jul 07, 2019 12:47 am
Forum: Personal Investments
Topic: How to avoid industries I do not want to invest in?
Replies: 54
Views: 3608

Re: How to avoid industries I do not want to invest in?

If we put that idea under a microscope, unless one is living on a mountain off the grid and growing ones own food, there is almost no way to avoid some inter-dependence with every entity that is part of the ecosystem. For example, let's say I'm vegan (for the record, I'm not) and don't want to suppo...
by anoop
Wed Jul 03, 2019 2:44 am
Forum: Personal Finance (Not Investing)
Topic: Hire a driver?
Replies: 63
Views: 3386

Re: Hire a driver?

I have a new job that is about 1 hour away where I'll do a 12 hour shift, nights only. I'll be working 12 days a month. Option 1: suck it up and drive 2 hours a day whenever I work. Option 2: I know a gentleman who drives an Uber who is willing to drive me to work and pick me back up for $100/round...
by anoop
Tue Jul 02, 2019 3:34 am
Forum: Personal Consumer Issues
Topic: citi discontinuing citi price rewind
Replies: 65
Views: 5100

Re: citi discontinuing citi price rewind

Nerdwallet has a recent article about this and all the other benefits that are being discontinued.
https://www.nerdwallet.com/blog/credit- ... -benefits/
by anoop
Tue Jul 02, 2019 1:42 am
Forum: Investing - Theory, News & General
Topic: Is anyone else worried about tech becoming too big/overvalued?
Replies: 54
Views: 4212

Re: Is anyone else worried about tech becoming too big/overvalued?

I believe a lot of the new tech stuff including FAANG are overvalued. But as many experts have noted, there are many reasons for this including and probably most important an accommodative interest rate environment. Unfortunately, that is likely to persist for the foreseeable future so expect to mis...
by anoop
Tue Jun 25, 2019 10:02 pm
Forum: Personal Consumer Issues
Topic: citi discontinuing citi price rewind
Replies: 65
Views: 5100

Re: citi discontinuing citi price rewind

I saw the same thing for my Double Cash. My knee jerk reaction is are they still going to call this "World Elite Mastercard?" That's an interesting question. Extended warranty appears to be a benefit for all Mastercards. https://www.mastercard.us/en-us/consumers/find-card-products/credit-cards/mast...
by anoop
Tue Jun 25, 2019 4:41 pm
Forum: Personal Consumer Issues
Topic: citi discontinuing citi price rewind
Replies: 65
Views: 5100

Re: citi discontinuing citi price rewind

Of course, in the US it was of limited value anyway for most users as it was secondary to personal car rental insurance coverage. Interesting. I never realized that it was of little use. I always declined rental coverages saying "my credit card will cover it". It should cover whatever deductible yo...
by anoop
Tue Jun 25, 2019 3:19 pm
Forum: Personal Consumer Issues
Topic: citi discontinuing citi price rewind
Replies: 65
Views: 5100

Re: citi discontinuing citi price rewind

I saw the same thing for my Double Cash. My knee jerk reaction is are they still going to call this "World Elite Mastercard?" That's an interesting question. Extended warranty appears to be a benefit for all Mastercards. https://www.mastercard.us/en-us/consumers/find-card-products/credit-cards/mast...
by anoop
Tue Jun 25, 2019 2:18 pm
Forum: Personal Consumer Issues
Topic: citi discontinuing citi price rewind
Replies: 65
Views: 5100

Re: citi discontinuing citi price rewind

OK, this is what it says for Double Cash. What's discontinued: Effective September 22, 2019, Worldwide Car Rental Insurance, Trip Cancellation & Interruption Protection, Worldwide Travel Accident Insurance, Citi® Price Rewind, 90 Day Return Protection, Damage & Theft Purchase Protection, and Extende...
by anoop
Tue Jun 25, 2019 2:46 am
Forum: Personal Consumer Issues
Topic: Facebook reading our minds?
Replies: 37
Views: 3437

Re: Facebook reading our minds?

That stuff never happens on my iPhone because I do t have Facebook and I have tracking turned off. On the other hand, if I discussing buying anything from ladders to air filters with my sister, she will immediately see ads for whatever we discussed. It’s not like we were in a ladder store or filter ...
by anoop
Mon Jun 24, 2019 11:55 pm
Forum: Investing - Theory, News & General
Topic: RIP to value investing...
Replies: 44
Views: 5625

Re: RIP to value investing...

garlandwhizzer wrote:
Mon Jun 24, 2019 8:14 pm
APPL has $245 billion in cash on the balance sheet right now, searching for investment opportunities, not a bad problem to have.
AAPL also has a ton of debt, so there's some financial engineering going on part of which is to minimize tax liability.
by anoop
Mon Jun 24, 2019 11:43 pm
Forum: Personal Consumer Issues
Topic: citi discontinuing citi price rewind
Replies: 65
Views: 5100

Re: citi discontinuing citi price rewind

Is Amex doing away with a lot of these benefits too? If not, I could just use that card for cases where the extended warranty is useful/needed and as my travel card, even though the cash back is lower. Of course, they don't have a price rewind type benefit.
by anoop
Mon Jun 24, 2019 11:24 pm
Forum: Investing - Theory, News & General
Topic: RIP to value investing...
Replies: 44
Views: 5625

Re: RIP to value investing...

vineviz wrote: Have there been any decades in which there did NOT appear to be "secular changes in the economy"? It's a matter of degree, not kind. The rate of change in our lives and in the economy increases at an ever faster pace every year due to technology advances. The average iPhone now has m...
by anoop
Mon Jun 24, 2019 3:24 pm
Forum: Personal Consumer Issues
Topic: citi discontinuing citi price rewind
Replies: 65
Views: 5100

Re: citi discontinuing citi price rewind

Of course, in the US it was of limited value anyway for most users as it was secondary to personal car rental insurance coverage. Interesting. I never realized that it was of little use. I always declined to purchase separate rental insurance coverage saying "my credit card will cover it". The only...
by anoop
Mon Jun 24, 2019 2:46 pm
Forum: Personal Consumer Issues
Topic: citi discontinuing citi price rewind
Replies: 65
Views: 5100

Re: citi discontinuing citi price rewind

It allowed one to purchase a product locally at an expensive retailer and then submit a claim to drop the price down to the lowest online retailer. We used (abused?) the program heavily. I have approximately 60 - 70 claims processed by them. Some of my favorites: - A replacement dishwasher part was...
by anoop
Mon Jun 24, 2019 9:53 am
Forum: Personal Consumer Issues
Topic: citi discontinuing citi price rewind
Replies: 65
Views: 5100

Re: citi discontinuing citi price rewind

Apparently, Citi is ending a lot of other benefits too. One website says the following will also be eliminated on September 22nd: Worldwide Car Rental Insurance Trip Cancellation & Interruption Protection Worldwide Travel Accident Insurance Trip Delay Protection Baggage Delay Protection Lost Baggag...
by anoop
Sun Jun 23, 2019 11:45 pm
Forum: Personal Consumer Issues
Topic: citi discontinuing citi price rewind
Replies: 65
Views: 5100

citi discontinuing citi price rewind

Went to the website today and got a pop up message that said Effective September 22, 2019, Citi® Price Rewind will be discontinued and will no longer be provided for purchases made on or after that date. What a bummer :(. I got a ton in rebates over the years. First, a year or so ago, they narrowed ...
by anoop
Sun Jun 23, 2019 7:16 pm
Forum: Investing - Theory, News & General
Topic: RIP to value investing...
Replies: 44
Views: 5625

Re: RIP to value investing...

I think we are headed for NIRP so I don’t think interest rates are at a permanently low plateau; they have a lot lower to go. There is too much debt in the system and the only way to keep the game going is to keep lowering interest rates and using unconventional tools like QE and outright buying sto...
by anoop
Fri Jun 21, 2019 12:40 pm
Forum: Personal Consumer Issues
Topic: Highest % cash back credit card
Replies: 77
Views: 5517

Re: Highest % cash back credit card

*with Citi Double you don't get the second of the two 1%'s till you pay, which also means you don't get it, I believe, if you pay in advance to keep the balance down. This is not correct. The cardholder gets the rebate for every payment made regardless of when it's made. I just paid down my balance...
by anoop
Thu Jun 20, 2019 1:43 pm
Forum: Personal Consumer Issues
Topic: Highest % cash back credit card
Replies: 77
Views: 5517

Re: Highest % cash back credit card

BoA cards with the preferred rewards top tier status give the highest cash back %’s With the premium rewards card: 3.5% on travel and dining 2.625% on everything else With the cash rewards card: 5.25% on gas stations (including purchases made inside!) 3.5% on grocery and wholesale (works at Costco)...
by anoop
Thu Jun 20, 2019 12:57 pm
Forum: Personal Consumer Issues
Topic: Highest % cash back credit card
Replies: 77
Views: 5517

Re: Highest % cash back credit card

BoA cards with the preferred rewards top tier status give the highest cash back %’s With the premium rewards card: 3.5% on travel and dining 2.625% on everything else With the cash rewards card: 5.25% on gas stations (including purchases made inside!) 3.5% on grocery and wholesale (works at Costco)...
by anoop
Thu Jun 20, 2019 10:23 am
Forum: Personal Consumer Issues
Topic: Highest % cash back credit card
Replies: 77
Views: 5517

Re: Highest % cash back credit card

There are others with 2% but usually from a credit union. Here is one:
https://www.rbfcu.org/loans/credit-cards
by anoop
Thu Jun 20, 2019 1:03 am
Forum: Personal Investments
Topic: Confused with the markets
Replies: 47
Views: 4329

Re: Confused with the markets

It's actually quite a common topic of discussion. https://www.google.com/search?sitesearch=bogleheads.org&q=sitting+in+cash If it were possible to figure out what is going on, we wouldn't have hedge funds, and even seasoned folks like Bill Gross, getting it all wrong and losing their shirt. I can re...
by anoop
Thu Jun 20, 2019 12:18 am
Forum: Personal Investments
Topic: Confused with the markets
Replies: 47
Views: 4329

Re: Confused with the markets

So the only logical conclusion is to just throw in the towel and buy $1m in gold bars. Both the bond markets and the share markets are actually saying the same thing. The flip side of this, is that sitting in cash which is actually the 'safe' approach in turbulent times, is pretty much exactly the ...
by anoop
Wed Jun 19, 2019 11:51 pm
Forum: Personal Investments
Topic: Confused with the markets
Replies: 47
Views: 4329

Re: Confused with the markets

I don't know if anyone can help you understand the market we are in. Some people have called this "the everything bubble". OTOH this may just be a huge economic expansion, although wages/jobs, especially the type of jobs, don't seem to support that. There is plenty of room for bond rates to go down....
by anoop
Mon Jun 17, 2019 12:25 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Has The Value Trade Become Overcrowded.
Replies: 64
Views: 4907

Re: Larry Swedroe: Has The Value Trade Become Overcrowded.

What's different this time is companies have a lot more debt and they are using that debt to buy back record amounts of stock and lower their PE. That is why interest rates (at the long end) will not be allowed to go up.
by anoop
Sat Jun 15, 2019 7:09 pm
Forum: Personal Investments
Topic: High net worth individual seeks portfolio advice
Replies: 81
Views: 9214

Re: High net worth individual seeks portfolio advice

Hello follow Bogleheads, I'm a successful business owner (and high net worth individual) who has had my head buried so deep in my business for the past eight years, with so much rapid growth, that I haven't had the time or energy to focus on investments until recently. I'm here to graciously ask fo...
by anoop
Thu Jun 13, 2019 5:37 pm
Forum: Personal Consumer Issues
Topic: Best source for buying Gold Coins
Replies: 55
Views: 4063

Re: Best source for buying Gold Coins

If you want to deal with a govt. organization -- Since you are buying as a gift and not really as an investment, you could consider collectors versions which are available directly from various mints: https://www.usmint.gov/ https://www.mint.ca/store/template/home.jsp ... (Search for mint of country...
by anoop
Mon Jun 10, 2019 10:39 am
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 218
Views: 17697

Re: Are You Dumping Netflix?

Just to put things in perspective...

Comcast just increased the cost of renting their modem by $2/mo! This is for the same piece of equipment that is worth less than it was yesterday.

I don't have Netflix, but if I did, a $2/mo increase wouldn't matter to me.
by anoop
Sun Jun 09, 2019 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 19329

Re: Paying for rent is throwing away money...myth?

Buying v. renting is more of a lifestyle choice. The apartment lifestyle has its own set of problems -- neighbor noise, lack of backyard, etc. Rent a house and you're at the mercy of the landlord who can ask you to move at any time (with sufficient notice, of course). Buying puts you more in control...