Search found 3328 matches

by Jags4186
Tue Jun 18, 2019 2:07 pm
Forum: Personal Investments
Topic: Advice for young married couples: PLEASE HELP!
Replies: 45
Views: 3086

Re: Advice for young married couples: PLEASE HELP!

If you can’t jump in feet first to the marriage I don’t understand why you are getting married. Because they want to be married, but they're old enough to have seen marriages fall apart in big messes, including financial messes. If you’re choosing to live completely separate financial lives that’s ...
by Jags4186
Tue Jun 18, 2019 1:51 pm
Forum: Personal Consumer Issues
Topic: Verizon to Xfinity Mobile for Cell Services
Replies: 9
Views: 401

Re: Verizon to Xfinity Mobile for Cell Services

Yes, switched about a year ago. Cost is significantly lower. Service is maybe a slight dropoff but not substantial. Well worth it in my opinion. Only thing I've discovered I don't like is that the international coverage is not nearly as good as Verizon. Not really sure what you mean by “internation...
by Jags4186
Tue Jun 18, 2019 1:42 pm
Forum: Personal Investments
Topic: Advice for young married couples: PLEASE HELP!
Replies: 45
Views: 3086

Re: Advice for young married couples: PLEASE HELP!

If you can’t jump in feet first to the marriage I don’t understand why you are getting married. Because they want to be married, but they're old enough to have seen marriages fall apart in big messes, including financial messes. If you’re choosing to live completely separate financial lives that’s ...
by Jags4186
Tue Jun 18, 2019 6:19 am
Forum: Personal Finance (Not Investing)
Topic: Waiting to prepay mortgage until you can pay the whole thing off?
Replies: 22
Views: 1865

Re: Waiting to prepay mortgage until you can pay the whole thing off?

I agree with OPs assessment and am a proponent of that strategy. There is no free lunch. You can invest your excess cash flow and try to beat your mortgage interest rate with your investments. Maybe you will maybe you won’t. But there is also risk that by prepaying your mortgage you have no liquidit...
by Jags4186
Mon Jun 17, 2019 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: With hindsight, what signs indicated you were about to lose your job?
Replies: 111
Views: 8825

Re: With hindsight, what signs indicated you were about to lose your job?

Did not happen to me - but to others - When there is a "reorganization" (or similar) and the new top manager announces: 1. He is NOT there to shake up the organization 2. He is NOT ther to "clean house" The exact opposite is almost always the truth! I am going through this right now. Division signi...
by Jags4186
Mon Jun 17, 2019 1:35 pm
Forum: Personal Investments
Topic: Advice for young married couples: PLEASE HELP!
Replies: 45
Views: 3086

Re: Advice for young married couples: PLEASE HELP!

The wealthy person would need to come to an agreement with their to be broke spouse before the marriage on what the expectations are. Fortunately (unfortunately?) most are not in this position. If you can’t jump in feet first to the marriage I don’t understand why you are getting married. I see you...
by Jags4186
Mon Jun 17, 2019 9:53 am
Forum: Personal Investments
Topic: Advice for young married couples: PLEASE HELP!
Replies: 45
Views: 3086

Re: Advice for young married couples: PLEASE HELP!

When my husband and I combined finances we made a "200 $ rule" which was any expense over 200 from "our" money we should discuss with the other before making. I suggest couples try it, with whatever $ amount applies in their situation. Just curious, most of what you describe (and most other marriag...
by Jags4186
Sun Jun 16, 2019 7:11 pm
Forum: Personal Consumer Issues
Topic: User reviews - How do you use them?
Replies: 33
Views: 1141

Re: User reviews - How do you use them?

I rely on user reviews for products, hotels, restaurants, etc. But such reviews can be problematic. I have seen users rave about a restaurant but only rate it a 4 (why not 5?), or misunderstand the rating structure and rate the establishment a 1 when they really meant 5. Then there are the fake rev...
by Jags4186
Sat Jun 15, 2019 10:07 am
Forum: Personal Consumer Issues
Topic: IPhone 6 - showing some age
Replies: 66
Views: 3934

Re: IPhone 6 - showing some age

You don’t need to buy a $1199 iPhone XS Max. You can get yourself a refurbished iPhone 7 which is basically brand new (new battery, new body) for $329 on Apple. You can sell your iPhone 6 to defray the costs. Since the phones are cosmetically identical you won’t even miss a beat—in fact you’ll have ...
by Jags4186
Fri Jun 14, 2019 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Currently Viable Refinance Options when 30-YR Mortgage is Currently at 3.875%?
Replies: 19
Views: 1178

Re: Currently Viable Refinance Options when 30-YR Mortgage is Currently at 3.875%?

I can't imagine going through all the crap involved in underwriting a mortgage to save a quarter of a point. That's literally a difference of under a thousand dollars a year in interest in a $383,000 mortgage, or about a nice dinner out every month. Not sure about your experience but I was able to ...
by Jags4186
Fri Jun 14, 2019 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Currently Viable Refinance Options when 30-YR Mortgage is Currently at 3.875%?
Replies: 19
Views: 1178

Re: Currently Viable Refinance Options when 30-YR Mortgage is Currently at 3.875%?

3.875% is the current no cost refinance rate on a conventional 30 year fixed. I just closed. Where did you get this? Did you have to pay any third party fees (title, appraisal, etc) or was it truly no cost? The only cash out of my pocket is escrow prepay and about $300 in prepay interest. $2,536.92...
by Jags4186
Thu Jun 13, 2019 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Currently Viable Refinance Options when 30-YR Mortgage is Currently at 3.875%?
Replies: 19
Views: 1178

Re: Currently Viable Refinance Options when 30-YR Mortgage is Currently at 3.875%?

3.875% is the current no cost refinance rate on a conventional 30 year fixed. I just closed.
by Jags4186
Thu Jun 13, 2019 8:08 pm
Forum: Personal Investments
Topic: Purchasing home with less than 20% downpayment experiences?
Replies: 52
Views: 3288

Re: Purchasing home with less than 20% downpayment experiences?

Should you be able to put 20% down before buying a house? Yes. Must you put 20% down on in order to buy a house? No. Being able to save 20% down demonstrates you are fiscally responsible. Choosing not to put down 20% in this scenario shows you’ve looked at all the loan options, your tax situation, ...
by Jags4186
Thu Jun 13, 2019 2:06 pm
Forum: Personal Investments
Topic: Purchasing home with less than 20% downpayment experiences?
Replies: 52
Views: 3288

Re: Purchasing home with less than 20% downpayment experiences?

A local credit unions offers a 100% loan, ($0 down payment and no PMI). Looks like firefighters, law enforcement, nurses, EMTs, school employees qualify. The loans are available as 10, 20, 30 years fixed, and several options for ARMs as well. Broken Man 1999 Yes - I see such 100% loans (NO PMI) adv...
by Jags4186
Thu Jun 13, 2019 2:06 pm
Forum: Personal Investments
Topic: Purchasing home with less than 20% downpayment experiences?
Replies: 52
Views: 3288

Re: Purchasing home with less than 20% downpayment experiences?

Should you be able to put 20% down before buying a house? Yes. Must you put 20% down on in order to buy a house? No. Being able to save 20% down demonstrates you are fiscally responsible. Choosing not to put down 20% in this scenario shows you’ve looked at all the loan options, your tax situation, a...
by Jags4186
Thu Jun 13, 2019 10:48 am
Forum: Personal Consumer Issues
Topic: 40+% increase in auto policy (GEICO) - normal?
Replies: 67
Views: 3713

Re: 40+% increase in auto policy (GEICO) - normal?

I used to be with Progressive and then with Geico. I used to shop around myself every 6 months wasting hours to not really save much money. Last year I went to a broker and I was able to get car insurance and homeowners insurance for the same price I was previously paying just for car insurance. Dep...
by Jags4186
Wed Jun 12, 2019 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage refinance options
Replies: 20
Views: 1802

Re: Mortgage refinance options

I was able to get the mortgage professor site to load. The 2.75% with 10K in closing costs comes out ahead by $7k when compared to 3.25% with 0.5 points. The math works out for me to choose the 2.75% loan, but I'm a bit put out by the comments regarding how those fees sound exorbitant. I assume it ...
by Jags4186
Wed Jun 12, 2019 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card sign on bonus suggestion
Replies: 30
Views: 2452

Re: Credit card sign on bonus suggestion

Sell a few things on craigslist or ebay and, bam, you're a sole proprietor. Chase Ink Preferred. I'm guessing you're joking here.. or are you serious? I mean with income of couple hundred dollars as a shell eBay "business"... what would be the chance of approval? It would be zero because the OP is ...
by Jags4186
Wed Jun 12, 2019 7:25 am
Forum: Personal Investments
Topic: Paul Merriman UBH vs Vanguard Mkt Cap model
Replies: 22
Views: 1703

Re: Paul Merriman UBH vs Vanguard Mkt Cap model

You might find this page from Marketwatch interesting. It's a comparison of recent returns from eight "lazy" portfolios, including Mr. Merriman's UBH (it's labelled as "Fundadvice" in the chart). This is pretty typical of Paul's choices. I read a lot of his stuff a while ago and admired his diligen...
by Jags4186
Wed Jun 12, 2019 5:44 am
Forum: Personal Consumer Issues
Topic: (Water Filtration System) Miracle we are all not dead
Replies: 61
Views: 5333

Re: (Water Filtration System) Miracle we are all not dead

I used to say you have no reason to filter water in the United States but ever since Flint I have no idea what to think anymore. That said, I think in general you don’t need to do anything with your water for safety reasons. However if you have hard water you should consider putting in a water softe...
by Jags4186
Mon Jun 10, 2019 9:17 pm
Forum: Personal Investments
Topic: What’s the Best HSA out there?
Replies: 17
Views: 1942

Re: What’s the Best HSA out there?

Hi sorry to bump this post. I current have my HSA at HSA Bank and invest through TD Ameritrade. My employer covers all of the HSA bank fees. We are switching to my wife’s health plan on July 1. Her HSA is at a local credit union that does not offer an investment option. To confirm what we should be ...
by Jags4186
Mon Jun 10, 2019 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Checks without my account number
Replies: 39
Views: 3852

Re: Checks without my account number

This may sound counterintuitive, but slightly less secure seems to be better for the consumer than super ultra secure due to the laws we have. Take credit cards for example. If there is fraud you aren’t responsible, period. If we had Chip and Pin, which is essentially 2-factor authentication, it wou...
by Jags4186
Mon Jun 10, 2019 12:54 pm
Forum: Investing - Theory, News & General
Topic: Index filter false market cap?
Replies: 13
Views: 665

Re: Index filter false market cap?

Yes for the SP500 no for the TSM. Tesla is not in the SP500. It is in the TSM. It is certainly one of the 500 largest American companies. SP500 is chosen by committee. Why does it matter that the S&P 500 is chosen by committee? TSM is based on CRSP, which is also done by committee. If fact, all ind...
by Jags4186
Mon Jun 10, 2019 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Costco Visa credit limit
Replies: 48
Views: 3025

Re: Costco Visa credit limit

My fico score is 855. Interesting, since the max FICO score id 850. :shock: Horsefly, Not true. Max FICO score is 900. My FICO score is 861. KlangFool You have about 40 different scores. FICO 8, which is what most people mean when they say FICO score, only goes up to 850. There are other scores tha...
by Jags4186
Mon Jun 10, 2019 8:57 am
Forum: Investing - Theory, News & General
Topic: Index filter false market cap?
Replies: 13
Views: 665

Re: Index filter false market cap?

Yes for the SP500 no for the TSM. Tesla is not in the SP500. It is in the TSM. It is certainly one of the 500 largest American companies.

SP500 is chosen by committee.
by Jags4186
Mon Jun 10, 2019 8:55 am
Forum: Personal Investments
Topic: ETF expense ratio vs performance
Replies: 6
Views: 605

Re: ETF expense ratio vs performance

If you’re choosing to invest in these types of sector fund ETFs it’s really a crap shoot what you’ll get across different funds. There have been years where XHE has outperformed IHI. This year IHI is winning. Maybe it won’t by years end. You only get one free lunch.
by Jags4186
Mon Jun 10, 2019 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Costco Visa credit limit
Replies: 48
Views: 3025

Re: Costco Visa credit limit

IME they are very stingy on the Double Cash and Costco cards. I think they are worried about very large defaults because the margins are razor thin on those cards. A sneaky way to get a high limit is to apply for another Citi Card that doesn’t have stingy limits (Thankyou Preferres for the 60k bonus...
by Jags4186
Mon Jun 10, 2019 12:23 am
Forum: Personal Finance (Not Investing)
Topic: 22 Years Old - Which credit card to begin with?
Replies: 44
Views: 2859

Re: 22 Years Old - Which credit card to begin with?

1. Being an authorized user has no impact on your credit history, just your mothers. Not true 2. In my opinion, it does not matter which credit card you go with. Your goal is to build a credit history which takes time, pay your credit card off every month, and never spend more than you can afford. ...
by Jags4186
Sun Jun 09, 2019 11:55 pm
Forum: Personal Consumer Issues
Topic: Do you drive old cars for long distance travels?
Replies: 105
Views: 6955

Re: Do you drive old cars for long distance travels?

If I don't have AAA membership, how do I get roadside assistance? You can usually get it for much less money through your car insurance. Additionally, most credit cards offer roadside assistance. For lower end cards it usually has a per use fee and for higher end cards you’ll get some free uses. AA...
by Jags4186
Sun Jun 09, 2019 12:30 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 233
Views: 12240

Re: I'm thinking about buying an exotic supercar anyone here done this and feedback?

If I were making $5 million a year I'd have a Ferrari 812 Superfast. And a Model X. And whatever my wife wanted.
by Jags4186
Sun Jun 09, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: How are your 30s financially different than your late 20s?
Replies: 47
Views: 5594

Re: How are your 30s financially different than your late 20s?

You seem to already have many of the things that people get in their 30s in your 20s. You can still have additional children and the associated costs Children get older and get involved in expensive things (although this is really a choice IMO, no kid needs to be in 10 activities) Your parents may r...
by Jags4186
Sun Jun 09, 2019 12:17 pm
Forum: Personal Consumer Issues
Topic: Southwest credit card, bonus points question
Replies: 4
Views: 307

Re: Southwest credit card, bonus points question

squirm wrote:
Sun Jun 09, 2019 12:15 pm
My credit is also locked, I haven't applied for anything since locking it. How do I apply for credit with it locked? Just unlock it for a day or two?
yes
by Jags4186
Sun Jun 09, 2019 12:12 pm
Forum: Personal Consumer Issues
Topic: lawn care cost
Replies: 70
Views: 5771

Re: lawn care cost

jebmke wrote:
Tue Mar 12, 2019 3:53 pm
mak1277 wrote:
Tue Mar 12, 2019 3:44 pm
I pay $30 per trip to a "real" lawn care company for mowing/trimming/edging.
How do you identify a "real" lawn care company? Do they have special signs on their trucks?
Their mother doesn't give them a curfew
by Jags4186
Sun Jun 09, 2019 12:09 pm
Forum: Personal Consumer Issues
Topic: Southwest credit card, bonus points question
Replies: 4
Views: 307

Re: Southwest credit card, bonus points question

squirm wrote:
Sun Jun 09, 2019 12:08 pm
I have the standard Southwest credit card that I received two years so along with with bonus points. I also have a small business, is it possible to apply for their business card and receive the bonus points for that too?
yes
by Jags4186
Sat Jun 08, 2019 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Refinance immediately after new home purchase?
Replies: 24
Views: 1969

Re: Refinance immediately after new home purchase?

You can certainly refinance to a lower rate for no cost. I just closed on a 30 year 3.875% no cost refinance. I will probably be able to refinance again lower in a month for no cost.

Use a broker. Quicken loans is expensive.
by Jags4186
Fri Jun 07, 2019 1:49 pm
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 7683

Re: What flagship (even used) item is better than a budget new item?

Practically any well kept flagship item used is going to be better than a new budget item. You should buy what’s appropriate for the situation and your budget. I don’t really care if a Toyota is nicer than a Hyundai. If the budget only allows for a Hyundai and there is a need for a vehicle, you buy ...
by Jags4186
Fri Jun 07, 2019 7:26 am
Forum: Personal Finance (Not Investing)
Topic: how to deal with people who are not living boglehead way of life
Replies: 45
Views: 2735

Re: how to deal with people who are not living boglehead way of life

Even for people who want to learn its best to keep arms length distance. Once you convince someone to invest money it’s inevitable they will at some point lose money. You will be the one to blame.
by Jags4186
Thu Jun 06, 2019 11:34 pm
Forum: Personal Investments
Topic: why are Small Caps falling?
Replies: 113
Views: 9302

Re: why are Small Caps falling?

Small cap stocks have a higher expected return and more risk. What we’re experiencing is the risk of the higher expected returns. Hopefully we will see a payoff in the future. This is the difficulty of doing slice and dice. When the SP500 is performing best you feel like a jerk owning anything else....
by Jags4186
Thu Jun 06, 2019 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Working for the Airlines - Value of Free Travel
Replies: 62
Views: 4886

Re: Working for the Airlines - Value of Free Travel

The value of this perk is very low. Let’s be honest here, because of school you’ll realistically will be traveling as a family over the following time periods: Winter break Spring break Summer vacation Gee those happen to be the busiest times to travel. I’d recommend looking only at real tangible be...
by Jags4186
Thu Jun 06, 2019 1:44 pm
Forum: Personal Investments
Topic: This market just scares me...
Replies: 43
Views: 4157

Re: This market just scares me...

It amazes me the amount of people freaked out by *this* market which has for all practical purposes been amazing for 10 years. Sure last year was a modestly down year but YTD the SP500 is up over 10%.

What’s going to happen when the market has a 2000-2002 period again?
by Jags4186
Thu Jun 06, 2019 1:41 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 61
Views: 6814

Re: Small Cap Value heads Rejoice !!!

To really compare you need to see there performance before fees though right? Actve small cap funds have higher expenses on average. The only number that matters is what you, the investor, receives. What if I had the secret to outperform the market by 20% year over year and I would be willing to le...
by Jags4186
Thu Jun 06, 2019 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Forgiveness of Investment Fees - Taxable Income?
Replies: 7
Views: 300

Re: Forgiveness of Investment Fees - Taxable Income?

I know forgiveness of a loan/debt for repayment of money is typically considered taxable income under IRS regs. Is a company's forgiveness of fees or charges it charges to a customer, and then waives or reduces, in whole or in part, a taxable event? For instance, if a brokerage firm wants to keep y...
by Jags4186
Thu Jun 06, 2019 11:09 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3825
Views: 704390

Re: What's Your Credit Card Rewards Strategy?

So a partner biz award can be lower than the delta rate ? And one can even get (say) Flying Blue's occasional special sales to/from Europe at a lower rate ? [I was just checking Seattle to Sydney/Auckland biz class awards flight, and one way tickets were 395K points!] If Delta has award space on it...
by Jags4186
Thu Jun 06, 2019 10:11 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3825
Views: 704390

Re: What's Your Credit Card Rewards Strategy?

Delta Amex seems to be offering some decent bonuses right now. $195 fee for Platinum (not waived first year). I am not eligible for Gold. I've never found any decent award flights with delta for international biz class. Typically it's 200,000 miles+ one way ! I don't look at other routes much, but ...
by Jags4186
Thu Jun 06, 2019 9:16 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3825
Views: 704390

Re: What's Your Credit Card Rewards Strategy?

Delta Amex seems to be offering some decent bonuses right now. $195 fee for Platinum (not waived first year). I am not eligible for Gold. I've never found any decent award flights with delta for international biz class. Typically it's 200,000 miles+ one way ! I don't look at other routes much, but ...
by Jags4186
Wed Jun 05, 2019 5:03 pm
Forum: Personal Consumer Issues
Topic: Costco or Sam's Club?
Replies: 134
Views: 8210

Re: Costco or Sam's Club?

I can only speak of my local Sam’s and Costco. Sam’s warehouse is nicer, more intuitively laid out, and far less busy. You’ll notice Costco and Sam’s do not sell the same exact sizes of different products so you can’t directly compare pricing without coming up with a unit price. I think Costco might...
by Jags4186
Wed Jun 05, 2019 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Mortgage Refinancing
Replies: 14
Views: 843

Re: Help with Mortgage Refinancing

I am refinancing right now to 3.875% with a $2303 lender credit. That covers all closing costs except escrow but that will just transfer from my current escrow account. I would not pay a penny to refinance at the moment because the way things look I’ll likely be refinancing to a lower rate in a few...
by Jags4186
Wed Jun 05, 2019 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Would you buy a house without a garage?
Replies: 95
Views: 5916

Re: Would you buy a house without a garage?

I grew up in the northeast. My parents had a 1 car garage. They never parked in it. I have a 1 car garage. I never park in it.

Garage holds our garbage cans, recycling, bicycles, yard equipment, and outdoor furniture gets put in there in the winter.
by Jags4186
Wed Jun 05, 2019 1:02 pm
Forum: Personal Consumer Issues
Topic: Company requiring salaried employees to clock in?
Replies: 92
Views: 4760

Re: Company requiring salaried employees to clock in?

I require my salaried employees to clock in so that theyre not late. They get warnings when theyre late. I find this absurd when the employees are working way more than 8 hours a day anyways. Do your employees leave right on time everyday also? Why not just hire them on as hourly if you treat them ...