Search found 3839 matches

by Jags4186
Wed Nov 20, 2019 6:41 pm
Forum: Personal Investments
Topic: I want to make my children millionaires.
Replies: 41
Views: 4746

Re: I want to make my children millionaires.

You have a little bit of a late start but you can give your kids $50 million with only a $3000 seed.

https://paulmerriman.com/turn-3000-50-million/
by Jags4186
Wed Nov 20, 2019 8:00 am
Forum: Investing - Theory, News & General
Topic: market went down in 2018, so why do people forget that
Replies: 48
Views: 4918

Re: market went down in 2018, so why do people forget that

People don’t remember market fluctuations. They remember losing their car/house/job and fighting to get them back or struggling to pay the bills. Also, while we use a calendar year to demarcate returns, it isn’t very helpful. Go take a look at 1987 — a ho-hum +5% year for the SP500. If you look at a...
by Jags4186
Tue Nov 19, 2019 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Idea to Close Oldest Credit Card?
Replies: 20
Views: 1386

Re: Bad Idea to Close Oldest Credit Card?

I quit using my chase freedom card after I got my Citibank 2% cash back card. Now Chase is charging me $10 a month for not using the card. Anyone else having this experience with Chase? I have had a Chase card for some time but only use it upon occasion with sometimes several months in a row withou...
by Jags4186
Tue Nov 19, 2019 3:54 pm
Forum: Investing - Theory, News & General
Topic: Bill Gates' backed Heliogen may revolutionize energy industry
Replies: 59
Views: 4711

Re: Bill Gates' backed Heliogen may revolutionize energy industry

As with most technological revolutions, let’s see it work reliably at scale. It is only a matter of time before there is a large scale breakthrough that moves the world away from fossil fuels, but what that is technology is and when it is mature enough to get the market share no one knows. I hope t...
by Jags4186
Tue Nov 19, 2019 12:37 pm
Forum: Investing - Theory, News & General
Topic: Bill Gates' backed Heliogen may revolutionize energy industry
Replies: 59
Views: 4711

Re: Bill Gates' backed Heliogen may revolutionize energy industry

As with most technological revolutions, let’s see it work reliably at scale. It is only a matter of time before there is a large scale breakthrough that moves the world away from fossil fuels, but what that is technology is and when it is mature enough to get the market share no one knows. I hope th...
by Jags4186
Mon Nov 18, 2019 11:39 am
Forum: Personal Consumer Issues
Topic: Disney plus streaming deal
Replies: 54
Views: 5771

Re: Disney plus streaming deal

I did the $3.92/month deal because it was too good of a price to pass up. That being said, I haven't done Netflix or any other streaming service because I don't like them. I hate recurring bills and avoid them if at all possible. I prefer to grow my DVD collection (it's at about 350 movies now, so ...
by Jags4186
Sun Nov 17, 2019 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Why does Chase bonus require in-person sign up?
Replies: 11
Views: 1258

Re: Why does Chase bonus require in-person sign up?

They want to cross sell you other stuff.
by Jags4186
Sun Nov 17, 2019 11:09 am
Forum: Personal Consumer Issues
Topic: Gift Card Already Used?
Replies: 23
Views: 1762

Re: Gift Card Already Used?

The card is a $50 restaurant card bought 5 years ago. Possibilities: 1) You used it and forgot 2) A family member used it and didn’t tell you or did tell you and you forgot 3) The card at one point did have inactivity fees 4) Someone hacked you and instead of go after a credit card or bank account ...
by Jags4186
Sun Nov 17, 2019 10:55 am
Forum: Personal Consumer Issues
Topic: Gift Card Already Used?
Replies: 23
Views: 1762

Re: Gift Card Already Used?

The card is a $50 restaurant card bought 5 years ago. Possibilities: 1) You used it and forgot 2) A family member used it and didn’t tell you or did tell you and you forgot 3) The card at one point did have inactivity fees 4) Someone hacked you and instead of go after a credit card or bank account d...
by Jags4186
Sun Nov 17, 2019 10:29 am
Forum: Personal Consumer Issues
Topic: Disney plus streaming deal
Replies: 54
Views: 5771

Re: Disney plus streaming deal

I did the $3.92/month deal because it was too good of a price to pass up. That being said, I haven't done Netflix or any other streaming service because I don't like them. I hate recurring bills and avoid them if at all possible. I prefer to grow my DVD collection (it's at about 350 movies now, so ...
by Jags4186
Fri Nov 15, 2019 5:31 pm
Forum: Personal Consumer Issues
Topic: Romantic northeast winter weekend getaway?
Replies: 28
Views: 2995

Re: Romantic northeast winter weekend getaway?

any advice for a really enjoyable long winter weekend? thinking a nice cozy atmosphere (rustic, fireplace, scenic) 3-6 hours from NYC for a long weekend. thanks! Residence Inn, by Marriott, Wayne, NJ https://www.google.com/travel/hotels/Wayne/entity/CgoI4vq3keLKyuJpEAE?g2lb=2502405%2C2502548%2C4208...
by Jags4186
Thu Nov 14, 2019 6:09 pm
Forum: Personal Consumer Issues
Topic: Consequence of senior not paying phone bill and closing account
Replies: 31
Views: 1859

Re: Consequence of senior not paying phone bill and closing account

For $500 I would pay and move on. After all, once your elderly parents pass away the estate will have to pay. Do you want tons of fines, interest, late fees, etc. tacked on then?
by Jags4186
Thu Nov 14, 2019 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Are complicated credit card cash back strategies worth it?
Replies: 78
Views: 5211

Re: Are complicated credit card cash back strategies worth it?

I think they are only worth it if you were genuinely going to spend on the things anyway. I suspect a lot of people end up spending more than saving in order to hit the minimum spend required to get those fat bonuses. There might only be a few months every few years that I can hit $5,000 in spend e...
by Jags4186
Thu Nov 14, 2019 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Are complicated credit card cash back strategies worth it?
Replies: 78
Views: 5211

Re: Are complicated credit card cash back strategies worth it?

I think they are only worth it if you were genuinely going to spend on the things anyway. I suspect a lot of people end up spending more than saving in order to hit the minimum spend required to get those fat bonuses. There might only be a few months every few years that I can hit $5,000 in spend e...
by Jags4186
Thu Nov 14, 2019 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Are complicated credit card cash back strategies worth it?
Replies: 78
Views: 5211

Re: Are complicated credit card cash back strategies worth it?

Only you can decide if the monetary benefit is worth it to you. Something to keep in mind — people who really maximize credit card rewards generally get entertainment out of doing so. That’s why it’s often referred to as “the hobby”. If you think of it as a game, and it is a game to some extent, the...
by Jags4186
Wed Nov 13, 2019 9:44 am
Forum: Personal Investments
Topic: How to combine finances with your spouse? Recently married/early30s
Replies: 72
Views: 4978

Re: How to combine finances with your spouse? Recently married/early30s

Doesn’t sound like you have much to keep separate. Not sure where you live or what the laws are, but in the US generally everything you earn once your married is both of yours regardless of which account it goes into. If I were you, once you’re married, open a new joint checking account and joint sa...
by Jags4186
Wed Nov 13, 2019 9:12 am
Forum: Personal Consumer Issues
Topic: Apple TV vs Competitors
Replies: 31
Views: 2488

Re: Apple TV vs Competitors

What are the main differences between an Apple TV for around $180 and an Amazon Firestick? I own the latter and am very satisfied with it. Does the content/programming vary significantly between Apple TV, Roku and Amazon Firestick to where a good number of consumers own all three? If you are just l...
by Jags4186
Tue Nov 12, 2019 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4141
Views: 796584

Re: What's Your Credit Card Rewards Strategy?

I am wondering why there aren't more proponents / recommendations for the US Bank Altitude Reserve. It seems like the 3x points (4.5% back) on "mobile payments" is a unique and tremendously valuable category, especially since there is no limit on it. Am I missing something? I searched this thread u...
by Jags4186
Tue Nov 12, 2019 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: High deductible insurance vs basic
Replies: 6
Views: 456

Re: High deductible insurance vs basic

You really need to do the math, compare the plans, and compare what you expect to spend.

Since you know you’re having a child, you know you’re likely going to max out your deductible and possibly OOP max. With a HDHP what does that look like compared to the traditional plan?
by Jags4186
Tue Nov 12, 2019 9:29 am
Forum: Personal Consumer Issues
Topic: Roku - is the Express sufficient?
Replies: 31
Views: 1506

Re: Roku - is the Express sufficient?

You can purchase an Amazon Fire TV Stick 4K for $24.99 with promo code 4KFIRETV. I recommend going that route. I have two of those now...As a former Apple TV user I cannot for the life of me figure out how I used to pay $159 for a streaming box. An Apple TV 4K costs $179-$199! Excellent. Thank you!...
by Jags4186
Tue Nov 12, 2019 9:29 am
Forum: Personal Consumer Issues
Topic: Roku - is the Express sufficient?
Replies: 31
Views: 1506

Re: Roku - is the Express sufficient?

You can purchase an Amazon Fire TV Stick 4K for $24.99 with promo code 4KFIRETV. I recommend going that route. I have two of those now...As a former Apple TV user I cannot for the life of me figure out how I used to pay $159 for a streaming box. An Apple TV 4K costs $179-$199! I saw that code on a ...
by Jags4186
Tue Nov 12, 2019 8:12 am
Forum: Personal Consumer Issues
Topic: Roku - is the Express sufficient?
Replies: 31
Views: 1506

Re: Roku - is the Express sufficient?

You can purchase an Amazon Fire TV Stick 4K for $24.99 with promo code 4KFIRETV. I recommend going that route. I have two of those now...As a former Apple TV user I cannot for the life of me figure out how I used to pay $159 for a streaming box. An Apple TV 4K costs $179-$199!
by Jags4186
Mon Nov 11, 2019 11:21 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4141
Views: 796584

Re: What's Your Credit Card Rewards Strategy?

Careful... read the fine print. They may retain the right to claw back the awards if you cancel "too soon" (defined by them). IF they require at least a year, then also consider the annual fee to be the "cost" of 70k points. I assume that would be less than the value of those points to you, regardl...
by Jags4186
Mon Nov 11, 2019 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Do you charge your employer for the time that you spend working on your off days?
Replies: 145
Views: 7584

Re: Do you charge your employer for the time that you spend working on your off days?

It’s never been mentioned. Strangely as time went on I get less and less emails on the weekend! Unless your job is an “on call job” — perhaps you work in network maintenance or doctor — or if you know going in you’ll be expected to do X hours of work every weekend, it’s either a failing of the comp...
by Jags4186
Sun Nov 10, 2019 6:50 pm
Forum: Personal Consumer Issues
Topic: Saving seats on Southwest
Replies: 210
Views: 11247

Re: Saving seats on Southwest

I think this is simple to solve: You should do what makes you comfortable. If you are okay risking not sitting together and trying to “save seats” to save a few bucks then go for it—of course with the understanding that it may not work out. If someone “saving seats” gets in your way, you have every ...
by Jags4186
Sun Nov 10, 2019 3:01 pm
Forum: Personal Consumer Issues
Topic: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?
Replies: 64
Views: 6404

Re: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?

If you’re going to leave, leaving after 2 weeks is certainly better than leaving after 6 months. Depending on the job the first 3, 6, or 12 months is simply “getting up to speed” where you’re not very productive. If you leave after 2 weeks you’re saving the new employer that period of investment spe...
by Jags4186
Sun Nov 10, 2019 2:11 pm
Forum: Personal Consumer Issues
Topic: Verizon Wireless discounts on iPhones (and other smart phones) -- is there any gotcha here?
Replies: 8
Views: 1036

Re: Verizon Wireless discounts on iPhones (and other smart phones) -- is there any gotcha here?

What you’re missing is that you’re probably paying $60, $70, $80 or more a month for your phone service from Verizon. If you just bought the phone outright and got a prepaid service (say Verizon Prepaid for $35 a month) you’d be saving overall. If you’re someone who has a large family plan, postpaid...
by Jags4186
Sun Nov 10, 2019 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: WSJ: Underwater Car Loans
Replies: 38
Views: 2303

Re: WSJ: Underwater Car Loans

I always go back to the term average. "The average consumer". That means that 1/2 the people are smarter, and 1/2 are not as smart. And some of the not as smart are really not as smart. Goes back to an old George Carlin joke “Think of how stupid the average person is and realize half of everyone is...
by Jags4186
Sat Nov 09, 2019 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Do you charge your employer for the time that you spend working on your off days?
Replies: 145
Views: 7584

Re: Do you charge your employer for the time that you spend working on your off days?

I have a company issued cell phone. Nobody at my company knows my personal cell phone, except perhaps the person who interviewed/hired me and has since left the company. At 6PM on Friday I put the work cell phone on silent, attach it to the charger, and don’t look at it until Monday morning. I reco...
by Jags4186
Sat Nov 09, 2019 10:08 am
Forum: Personal Consumer Issues
Topic: Was I ripped off at the car dealership?
Replies: 73
Views: 6695

Re: Was I ripped off at the car dealership?

I always get my oil changes at the dealer. This is a loss leader for them. You can usually find a coupon for $29.99 or $39.99 oil change and it’s unlikely they are going to mess it up. You just have to say “no” when they start telling you about other stuff. You shouldn’t be getting any maintenance d...
by Jags4186
Sat Nov 09, 2019 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Do you charge your employer for the time that you spend working on your off days?
Replies: 145
Views: 7584

Re: Do you charge your employer for the time that you spend working on your off days?

I have a company issued cell phone. Nobody at my company knows my personal cell phone, except perhaps the person who interviewed/hired me and has since left the company. At 6PM on Friday I put the work cell phone on silent, attach it to the charger, and don’t look at it until Monday morning. I recom...
by Jags4186
Fri Nov 08, 2019 5:41 pm
Forum: Personal Investments
Topic: How much is too much in an HSA?
Replies: 51
Views: 4237

Re: How much is too much in an HSA?

HSA is the best account you can have: 1) Tax deferred going in 2) Tax free coming out (with substantiated expenses, or at ordinary income tax if you don’t have substantiated expenses) 3) Lowers your Social Security and Medicare wages (if you’re under the wage limit this is a nice 7% savings on taxes...
by Jags4186
Thu Nov 07, 2019 11:40 am
Forum: Personal Consumer Issues
Topic: Cutting the Cord & Live Television
Replies: 45
Views: 2966

Re: Cutting the Cord & Live Television

Bogleheads - How many folks have completely cut the cord of live television from any medium - cable or streaming boxes. We eliminated cable a year ago with significant savings and moved to Apple TV with Hulu (movie library and live television). While Hulu library is minimal bucks a month, the live ...
by Jags4186
Thu Nov 07, 2019 8:51 am
Forum: Personal Consumer Issues
Topic: When to buy Car extended warranty ?
Replies: 55
Views: 2655

Re: When to buy Car extended warranty ?

You should definitely hunt around to see if you can do better. I have a Honda and at the time the dealer wanted to sell me an extended warranty for ~$1700 + tax. A search online found that any Honda dealer can sell you the warranty which can be used at any Honda dealership. Out of state dealers were...
by Jags4186
Wed Nov 06, 2019 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve - Fees Waived?
Replies: 54
Views: 4961

Re: Chase Sapphire Reserve - Fees Waived?

Additionally, the $300 in spend earns no rewards, further reducing your rewards by $12.89 (900 * $0.014325). So the $300 travel credit, to me, would be about $257 back into your pocket. The $300 in spend still earns rewards by the way. For example, in December, I spend over $300 on various travel i...
by Jags4186
Wed Nov 06, 2019 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve - Fees Waived?
Replies: 54
Views: 4961

Re: Chase Sapphire Reserve - Fees Waived?

If I'm reading correctly, the Chase Sapphire cards have much better trip protections (e.g., reimburse for cancelling if an approved reason or for hotels if your flight is cancelled) than the Propel. That may be worth the extra cost of the Chase card. Chase also credits points immediately, with 3 po...
by Jags4186
Wed Nov 06, 2019 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve - Fees Waived?
Replies: 54
Views: 4961

Re: Chase Sapphire Reserve - Fees Waived?

I will be attempting to get the $75 fee waived on the 2nd card, saying we don't need the 2nd priority pass. I want the 4.25% equivalent value on dining/travel points redeemed for travel. My Uber card is going bye bye. Wells Fargo Propel combined with Signature Visa gets you 4.5% back on dining, tra...
by Jags4186
Wed Nov 06, 2019 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Charge - refund
Replies: 24
Views: 1814

Re: Credit Card Charge - refund

You have 60 days to dispute, so need to be in too much hurry to go that route. Amex doesn’t have a time limit on when to file a dispute. Visa is 540 days. However, you’ll likely want to file a dispute before the bill is due. Are you sure? I did find that Amex limits it to 120 days, "except for thes...
by Jags4186
Wed Nov 06, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Charge - refund
Replies: 24
Views: 1814

Re: Credit Card Charge - refund

jeffyscott wrote:
Wed Nov 06, 2019 10:51 am
You have 60 days to dispute, so need to be in too much hurry to go that route.
Amex doesn’t have a time limit on when to file a dispute. Visa is 540 days. However, you’ll likely want to file a dispute before the bill is due.
by Jags4186
Wed Nov 06, 2019 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Disability vs Term Life?
Replies: 19
Views: 990

Re: Disability vs Term Life?

Every company I’ve worked for has provided short and long term disability insurance. I understand that there are some tax implications for employer provided disability insurance vs. self paid, but self paid is several hundred dollars a month. I would not sign up for a separate disability plan if yo...
by Jags4186
Wed Nov 06, 2019 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Disability vs Term Life?
Replies: 19
Views: 990

Re: Disability vs Term Life?

Every company I’ve worked for has provided short and long term disability insurance. I understand that there are some tax implications for employer provided disability insurance vs. self paid, but self paid is several hundred dollars a month. I would not sign up for a separate disability plan if you...
by Jags4186
Tue Nov 05, 2019 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 127
Views: 13554

Re: Finances in NYC

$122k in Manhattan does sound miserable. Yes there are plenty of people who live there on less. Would you like to live with many roommates, or in awful housing, not being able to afford many of the things the city offers? Will you starve? No, but it will be a pretty crappy experience IMO. It’s fine ...
by Jags4186
Tue Nov 05, 2019 9:54 am
Forum: Personal Consumer Issues
Topic: Verizon or AT&T for mobile phone service
Replies: 6
Views: 482

Re: Verizon or AT&T for mobile phone service

I’ve had both and the biggest difference I see is that ATT sometimes drops off LTE and latches onto its “4G” (I.e. improved 3g) network. Verizon never drops LTE.
by Jags4186
Mon Nov 04, 2019 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Permit Pulled Without My Knowledge
Replies: 14
Views: 2162

Re: Permit Pulled Without My Knowledge

Your only concern should be getting your $$$$
by Jags4186
Mon Nov 04, 2019 12:24 pm
Forum: Personal Consumer Issues
Topic: Airbnb - Guide a beginner
Replies: 64
Views: 6254

Re: Airbnb - Guide a beginner

Although an old thread, beginners may still be reading it. I found this article pointing out some dangers of Airbnb. https://www.vice.com/en_us/article/43k7z3/nationwide-fake-host-scam-on-airbnb People getting called at the last minute and being offered an alternate place. The alternate place ends ...
by Jags4186
Sun Nov 03, 2019 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Car rental insurance experiences
Replies: 31
Views: 2833

Re: Car rental insurance experiences

Loss of use is generally covered by credit card coverage. The problem is that the credit card company usually will ask for proof from the rental car company that car would have been rented out in order to pay. The rental car company will not provide this. You are left in the middle. I have been invo...
by Jags4186
Sat Nov 02, 2019 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Apple Pay. Does anyone use it?
Replies: 196
Views: 12129

Re: Apple Pay. Does anyone use it?

Do tell more. 4.5%? https://www.usbank.com/credit-cards/altitude-reserve-visa-infinite-credit-card.html You have to be a pretty big spender for that card to be better than a 2% cash back card + 5% cards with revolving quarterly categories with no annual fees. I'd find it hard to spend that much tot...
by Jags4186
Fri Nov 01, 2019 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Apple Pay. Does anyone use it?
Replies: 196
Views: 12129

Re: Apple Pay. Does anyone use it?

Pomegranate wrote:
Fri Nov 01, 2019 6:57 pm
UpperNwGuy wrote:
Thu Oct 31, 2019 1:26 pm
I use Apple Pay all the time. I thought everyone did. Are there people here who don't use it?
I don't. I avoid installing financial apps on the phone, it's like putting all the eggs in one bucket. :sharebeer
If you have an iPhone you have to have it. It’s not optional.
by Jags4186
Fri Nov 01, 2019 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Apple Pay. Does anyone use it?
Replies: 196
Views: 12129

Re: Apple Pay. Does anyone use it?

H-Town wrote:
Fri Nov 01, 2019 5:49 pm
Jags4186 wrote:
Fri Nov 01, 2019 4:50 pm
Since I get 4.5% cash back with a real credit card using Apple Pay I try to use it all the time. I laugh when I see people all excited about getting 2% with Apple credit card.
Do tell more. 4.5%?
https://www.usbank.com/credit-cards/al ... -card.html
by Jags4186
Fri Nov 01, 2019 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Apple Pay. Does anyone use it?
Replies: 196
Views: 12129

Re: Apple Pay. Does anyone use it?

Since I get 4.5% cash back with a real credit card using Apple Pay I try to use it all the time. I laugh when I see people all excited about getting 2% with Apple credit card. Have you tried using it at sit down restaurants? This is the only thing preventing me from opening up an account. Why does ...