Search found 3136 matches

by simplesimon
Thu Oct 18, 2018 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 180
Views: 13275

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Do we have the definitive answer about how to get > 1K with two people? Via online chat (I have this saved): Me: so for example, if we have a joint checking account and bring in $200k, and then transfer $100k each to our own separate accounts, we'll each get the bonus? Rep: That is correct. I plan ...
by simplesimon
Thu Oct 18, 2018 6:38 am
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 180
Views: 13275

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I think that this is such a good deal that my wife and I will do it for the max each of $100K, even with the uncertainties involved. The upside if it works out is so much larger than the downside, even if Ally didn't pay any bonus. Yep, came to the same conclusion. Planning on moving $200k from Van...
by simplesimon
Tue Oct 16, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard not allowing reversals of Roth IRA recharacterizations
Replies: 10
Views: 779

Re: notice from Vanguard, can anyone help clarify

No impact, you can keep doing the backdoor Roth.

In the past, one could convert to the Roth and then re-characterize back to non-Roth if the market declined significantly and then re-converted at a lower level to save on taxes.
by simplesimon
Tue Oct 16, 2018 11:28 am
Forum: Personal Finance (Not Investing)
Topic: PPO vs HDHP + HSA
Replies: 23
Views: 1289

Re: PPO vs HDHP + HSA

I think even if you were unhealthy the HDHP+HSA wins out. Difference in premium of $2,300 is almost offset by the $2,800 in deductible. The tax savings from your HSA contributions and the employer contribution will then be icing on the cake in savings. Unlike a 401K, employer contributions count tow...
by simplesimon
Tue Oct 16, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 180
Views: 13275

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

What's the risk here? I can't figure out why Ally is just throwing away money. 1/15/19 seems like an awfully short amount of time. If Ally goes bankrupt, we're covered by FDIC, correct? My best guess is they want to show favorable ratios at 12/31/2018 for financial reporting purposes and hope that ...
by simplesimon
Tue Oct 16, 2018 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 180
Views: 13275

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I'm worried about the withdrawals clause: "Withdrawals made during the Retention Period may reduce the Cash Bonus amount. Cash Bonus payout will occur within 30 calendar days following fulfillment of these requirements." Does this mean that any withdrawals made prior to 1/15 will reduce the cash bo...
by simplesimon
Tue Oct 16, 2018 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 180
Views: 13275

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Update: I started a chat online with a rep to be sure. This person said that they need to be in separate accounts.
by simplesimon
Tue Oct 16, 2018 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 180
Views: 13275

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Almost 5% yield for a couple of months plus whatever interest you're getting from the account it's in? Seems too good to be true...? I figure 1% for 3 months (10/15 to 1/15) = 4% APR + 1.9% APR = 5.9% APR for the 3 month period. It's actually higher. Funds don't need to arrive until 10/31, so they ...
by simplesimon
Tue Oct 16, 2018 6:43 am
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 180
Views: 13275

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Almost 5% yield for a couple of months plus whatever interest you're getting from the account it's in? Seems too good to be true...? I figure 1% for 3 months (10/15 to 1/15) = 4% APR + 1.9% APR = 5.9% APR for the 3 month period. It's actually higher. Funds don't need to arrive until 10/31, so they ...
by simplesimon
Mon Oct 15, 2018 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 180
Views: 13275

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Momus wrote:
Mon Oct 15, 2018 3:14 pm
They must have tons of outflow because prime MM now paying more because I also moved all my savings out.
Yep, I did the same.
by simplesimon
Mon Oct 15, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 180
Views: 13275

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Almost 5% yield for a couple of months plus whatever interest you're getting from the account it's in? Seems too good to be true...?
by simplesimon
Sun Oct 14, 2018 6:16 pm
Forum: Personal Consumer Issues
Topic: Reducing overall medical costs. Do we do anything?
Replies: 67
Views: 3058

Re: Reducing overall medical costs. Do we do anything?

For someone claiming to be a doctor I must say I get paid a lot of money to do my job. :D Yes, one small driver of why healthcare is so expensive in the U.S. is this. Um no. Physician reimbursement is something like 8-10% of ALL The cost of healthcare. If you cut it by 50% you would decrease health...
by simplesimon
Sun Oct 14, 2018 5:29 pm
Forum: Personal Consumer Issues
Topic: Reducing overall medical costs. Do we do anything?
Replies: 67
Views: 3058

Re: Reducing overall medical costs. Do we do anything?

staythecourse wrote:
Sun Oct 14, 2018 12:00 pm
For someone claiming to be a doctor I must say I get paid a lot of money to do my job. :D
Yes, one small driver of why healthcare is so expensive in the U.S. is this.
by simplesimon
Sat Oct 13, 2018 3:29 pm
Forum: Personal Consumer Issues
Topic: Reducing overall medical costs. Do we do anything?
Replies: 67
Views: 3058

Re: Reducing overall medical costs. Do we do anything?

If all the focus is on outcomes, then financial rationalization goes out the window.

Let's keep the discussion on what people are willing to "gamble" on to help save costs.
by simplesimon
Sat Oct 13, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: Reducing overall medical costs. Do we do anything?
Replies: 67
Views: 3058

Re: Reducing overall medical costs. Do we do anything?

I don't consider seeing a doctor unless a problem persists for more than a couple of weeks and even then I start googling stuff.
by simplesimon
Fri Oct 12, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: What is your annual cost for health insurance?
Replies: 137
Views: 9549

Re: What is your annual cost for health insurance?

Blue Cross Blue Shield HDHP Cost: $2700/yr for family of 4 minus a $1000 subsidy put into the HSA (net $1700) Coverage: $1500ind/$3000 family deductible and $3000/$6000 OOP max (all preventative care is free) profession: software program manager at a mid-cap private tech firm I cant tell you the em...
by simplesimon
Wed Oct 10, 2018 12:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7393
Views: 1550354

Re: Stocks tumbling?

Institutions selling off in anticipation of earnings misses across the board.
by simplesimon
Wed Oct 10, 2018 5:41 am
Forum: Investing - Theory, News & General
Topic: The benefits of international diversification - NOT: Hulbert
Replies: 80
Views: 5208

Re: The benefits of international diversification - NOT: Hulbert

I view international as part of the total (public) market like how a company is part of a sector or industry that is part of the total market.

Why aren't we talking about the worst performing industries over the last couple of decades and completely divesting from them?
by simplesimon
Sat Oct 06, 2018 2:17 pm
Forum: Investing - Theory, News & General
Topic: Should I, and how, act on changes in managing diet and health?
Replies: 65
Views: 4476

Re: Should I, and how, act on changes in managing diet and health?

Save more money. You will live longer. Recalculate your SWR. :wink: When I was in medical school, our witty epidemiologist professor once opined, "the thing about diets is that they may not make you live any longer, but they may make you feel like you have". I don't discount the importance of avoid...
by simplesimon
Sat Oct 06, 2018 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: What is your annual cost for health insurance?
Replies: 137
Views: 9549

Re: What is your annual cost for health insurance?

In the spirit of international investing, a UK poster chips in: 0 - no cost of health insurance taxes UK govt spends about £100 bn pa on healthcare, or about £1500 pa per person (public healthcare is c. 90% of all healthcare expenses). So for a household of 2, that would be £3k or say USD 4000. For...
by simplesimon
Sat Oct 06, 2018 1:45 pm
Forum: Investing - Theory, News & General
Topic: Should I, and how, act on changes in managing diet and health?
Replies: 65
Views: 4476

Re: Should I, and how, act on changes in managing diet and health?

These diets are not affordable enough for it to go mainstream.
by simplesimon
Sat Oct 06, 2018 6:39 am
Forum: Personal Finance (Not Investing)
Topic: What is your annual cost for health insurance?
Replies: 137
Views: 9549

Re: What is your annual cost for health insurance?

$3k/year for HDHP: $3.5k deductible, $7k OOP max
Two adults

This may change in a few weeks with open enrollment.
by simplesimon
Sat Oct 06, 2018 6:11 am
Forum: Personal Finance (Not Investing)
Topic: Sellers remorse - selling business
Replies: 44
Views: 4716

Re: Sellers remorse - selling business

OP you need to go back and look at your very first post on this forum and read that thread again.
by simplesimon
Fri Oct 05, 2018 11:36 am
Forum: Personal Consumer Issues
Topic: Another Term Life Insurance Query
Replies: 9
Views: 740

Re: Another Term Life Insurance Query

Just ignore what he said.

Is there another local agent you can buy from?
by simplesimon
Thu Oct 04, 2018 12:37 pm
Forum: Personal Consumer Issues
Topic: Black suit with dark brown shoes?
Replies: 59
Views: 3931

Re: Black suit with dark brown shoes?

Wear the brown shoes if you don't care about standing out. Even the casual observer will notice. He or she may not care about what you do, but it will be noticed. People make prejudgements within a matter of seconds whether they like it or not. I would not wear brown shoes with a black suit in any s...
by simplesimon
Tue Oct 02, 2018 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Adult kids getting help from parents
Replies: 36
Views: 2203

Re: Adult kids getting help from parents

I know of families that view financial resources as one big pool across generations and the beneficiary being the generation with less resources.
by simplesimon
Mon Oct 01, 2018 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Suze Orman - "I hate the FIRE movement."
Replies: 75
Views: 9025

Re: Suze Orman - "I hate the FIRE movement."

When I read the post I thought about FIRE as it relates to people in their 30's a la Mr. Money Mustache and and a recent NYT article , not someone in their 50's. Funny how that goes. I'm in my 30's. I agree with Orman a little bit because the cost of healthcare is something every 30-year old I've me...
by simplesimon
Mon Oct 01, 2018 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Reasonable, free tax forecaster
Replies: 9
Views: 942

Re: Reasonable, free tax forecaster

Thank you! I hope our CPA gets this all correct when we file.
by simplesimon
Mon Oct 01, 2018 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Reasonable, free tax forecaster
Replies: 9
Views: 942

Re: Reasonable, free tax forecaster

I like this one: https://www.mortgagecalculator.org/calcs/1040-calculator.php because of its one-page format. Others like Taxcaster or the HR Block calculator. Use a couple and if you get the same answer, that should give you some confidence in the answer. Can someone verify if this calculator is c...
by simplesimon
Tue Aug 21, 2018 5:59 am
Forum: Personal Finance (Not Investing)
Topic: Where to buy engagement ring?
Replies: 56
Views: 4114

Re: Where to buy engagement ring?

Check out Pricescope.com, which is an online forum like Bogleheads for diamond enthusiasts.

I got my wife's ring from Whiteflash and had a great experience.
by simplesimon
Thu Jul 26, 2018 4:20 pm
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 11240

Re: Facebook stock in freefall! (20% drop in 1-day)

Whew, I'm glad I didn't accept that job offer to work at FB and even gladder I didn't buy the stock 5 years ago -- No one, ever This. It has still increased 460% in a little over 6 years. this is where I break from some of the BH community. i invest in index funds because it just happens to be a gr...
by simplesimon
Thu Jul 26, 2018 1:36 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 10067

Re: Toughest Purchase of my Life. Engagement Ring time

I'd be more than happy to get married in Vegas and plan an after-wedding party in a Hall or our House. I really feel like the Engagement ring and a Wedding are for other people. Yes, but is your prospective fiance one of those other people? If not, why consider a ring at all? I doubt it... She prob...
by simplesimon
Thu Jul 26, 2018 1:29 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 10067

Re: Toughest Purchase of my Life. Engagement Ring time

Two Words: Cubic Zirconia And one more: Elope I'd be more than happy to get married in Vegas and plan an after-wedding party in a Hall or our House. I really feel like the Engagement ring and a Wedding are for other people. Yes, but is your prospective fiance one of those other people? If not, why ...
by simplesimon
Thu Jul 26, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 10067

Re: Toughest Purchase of my Life. Engagement Ring time

Other people will ask about your income, net worth, current outstanding debt, etc. Assuming you can afford it and it's what she really wants, just pull the trigger. I felt the same way before I got engaged but got it because it's what she wanted. I'm sure there are a few very expensive things of min...
by simplesimon
Thu Jul 26, 2018 7:10 am
Forum: Investing - Theory, News & General
Topic: WSJ--Vanguard Sent Erroneous Text Messages to Some 401(k) Customers Messages said loans had been processed
Replies: 12
Views: 1218

Re: WSJ--Vanguard Sent Erroneous Text Messages to Some 401(k) Customers Messages said loans had been processed

As an early accumulator with automated transactions I have very little need for Vanguard's customer service. I hope that they fix these issues by the time I do need them...

What would it cost up front to make their customer service above average? Over or under $1 billion?
by simplesimon
Thu Jul 19, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 9138

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

I wonder how many people faced this predicament with GE stock 2-3 years ago and what they ended up doing...
by simplesimon
Thu Jul 19, 2018 8:05 am
Forum: Investing - Theory, News & General
Topic: Why Take Risk on Equity Side?
Replies: 78
Views: 5770

Re: Why Take Risk on Equity Side?

Would you categorize your high-yield bond allocation under equity or bonds when looking at total stock and bond mix? If you limit me to those two categories, I would split it 50-50. But more generally, I would simply place it in the "risky" category along with my stocks. While you can make this dis...
by simplesimon
Thu Jul 19, 2018 7:58 am
Forum: Investing - Theory, News & General
Topic: Why Take Risk on Equity Side?
Replies: 78
Views: 5770

Re: Why Take Risk on Equity Side?

Would you categorize your high-yield bond allocation under equity or bonds when looking at total stock and bond mix?
by simplesimon
Thu Jul 19, 2018 6:17 am
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 142
Views: 17575

Re: Salary vs. Lifestyle

Everybody I know that has had higher salary has figured out a way to enjoy life while earning a higher salary. I think much of the pain now stuff is just talk to make the wealthy feel more normal and not get hassled by the less well off. Excellent points. Victoria I don't understand the points. Can...
by simplesimon
Wed Jul 18, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: suit shoe combo?
Replies: 49
Views: 3360

Re: suit shoe combo?

Couple won't care, and I won't care if they did care. They won't care becuase this engagement party is going to be just like a reception so there will be alot of indian women wearing all different colors (google Indian Saris), no one is going to notice the shoes until they are talking to me. I don'...
by simplesimon
Fri Jul 13, 2018 1:55 pm
Forum: Personal Consumer Issues
Topic: How much does your accountant cost?
Replies: 21
Views: 2194

Re: How much does your accountant cost?

I always did my own taxes via TaxAct until I got married. My wife had used the same CPA to do her taxes for the last seven to eight years after she became a 1099 worker. Since we've been married we use her CPA who charges about $250-300. I don't know how much time he actually spends doing them. I am...
by simplesimon
Fri Jul 13, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bond Yielding 9%
Replies: 9
Views: 1328

Re: Treasury Bond Yielding 9%

Home mortgages back then were also priced in the double digits.
by simplesimon
Thu Jul 12, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 18403

Re: COMING SOON: BOGLEHEADS PODCASTS

Costs Matter: Investing the Bogleheads Way The Bogleheads Investment Podcast
by simplesimon
Wed Jul 11, 2018 7:27 am
Forum: Investing - Theory, News & General
Topic: VMMXX and inflation/interest rates
Replies: 7
Views: 1112

Re: VMMXX and inflation/interest rates

Does a money market account like the vanguard prime VMMXX do a good job of keeping up with inflation? I know right now it's at about 2 percent, which is in the ball park, but if inflation spiked would this fund keep pace? No, it will usually lag changes in inflation. Refer to a period as recently a...
by simplesimon
Mon Jul 09, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Older Women Lifting Weights
Replies: 87
Views: 6855

Re: Older Women Lifting Weights

I agree that most fitness magazines are garbage and there's plenty of junk out there, but there are some great online resources for learning proper form for the major lifts. Stronglifts is a nice online alternative that adopts a very similar approach to starting strength and has detailed guides to ...
by simplesimon
Mon Jul 09, 2018 9:07 am
Forum: Personal Consumer Issues
Topic: Older Women Lifting Weights
Replies: 87
Views: 6855

Re: Older Women Lifting Weights

Note also the growing popularity of the Starting Strength model, which is different from old fashioned 'weightlifting' in that it emphasizes basic human movements (much like your stretch and dance routine) rather than beach body muscles that weightlifters or bodybuilders follow. Starting strength i...
by simplesimon
Sun Jul 08, 2018 7:23 pm
Forum: Personal Consumer Issues
Topic: Older Women Lifting Weights
Replies: 87
Views: 6855

Re: Older Women Lifting Weights

My wife is in her 30's, but asked me to train her using Starting Strength as that was what I followed. She says the training has made everyday tasks so much easier, which is a benefit I don't think I totally appreciated. Going from a 0lb (bodyweight) squat to a 100lb squat has such a huge quality of...
by simplesimon
Wed Jul 04, 2018 9:29 am
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 115
Views: 8797

Re: Any Boglehead powerlifters?

In true Starting Strength fashion, I think the "three-lift portfolio" is the overhead press, squat, and deadlift. Bill Starr's TSSS targets coaches who need to train a whole team of football players most effectively with limited resources. In it, he recommends omitting the deadlift because of how d...
by simplesimon
Wed Jul 04, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 115
Views: 8797

Re: Any Boglehead powerlifters?

In true Starting Strength fashion, I think the "three-lift portfolio" is the overhead press, squat, and deadlift. Bill Starr's TSSS targets coaches who need to train a whole team of football players most effectively with limited resources. In it, he recommends omitting the deadlift because of how d...