Search found 2513 matches

by jjface
Wed Jul 18, 2018 2:49 am
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 65
Views: 3970

Re: Families - What's your total annual credit card spend?

About 15k-20k. Can't believe some of the figures on here. Not sure how much % goes on there but a lot of it. Not mortgage or taxes but a good proportion of everything else. Family of 3. Why can’t you believe them? Lol maybe because what some charge to credit cards each year could almost buy my hous...
by jjface
Tue Jul 17, 2018 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 65
Views: 3970

Re: Families - What's your total annual credit card spend?

About 15k-20k. Can't believe some of the figures on here. Not sure how much % goes on there but a lot of it. Not mortgage or taxes but a good proportion of everything else. Family of 3.
by jjface
Wed Jul 11, 2018 2:02 pm
Forum: Investing - Theory, News & General
Topic: A Great Investor has only one word of advice
Replies: 7
Views: 1270

Re: A Great Investor has only one word of advice

No no it should be "Bogleheads"!
by jjface
Wed Jul 11, 2018 8:35 am
Forum: Investing - Theory, News & General
Topic: Disappointed with Fidelity's Online Interface
Replies: 19
Views: 1539

Re: Disappointed with Fidelity's Online Interface

Just the learning curve because it is new and your old ones did it differently. Give it some time and if you really continue go be frustated then you'll know the other providers worked better.
by jjface
Tue Jul 10, 2018 8:59 pm
Forum: Personal Consumer Issues
Topic: Amazon won't sell this book to me.
Replies: 68
Views: 8307

Re: Amazon won't sell this book to me.

Just note there are about 30 sellers on amazon selling it new and would have sold it to a non prime member. But yes be thankful you got it at a lower price anyway!
by jjface
Mon Jul 09, 2018 7:14 pm
Forum: Personal Consumer Issues
Topic: Mobile service with RedPocket
Replies: 19
Views: 899

Re: Mobile service with RedPocket

I'm a happy redpocket customer. Not much to say other than it works. Customer service via chat is fine and their dashboard has enough info on there. I think though that if you want to use sprint there are better options. The first would be to get the free year of unlimited with sprint postpaid. http...
by jjface
Mon Jul 09, 2018 1:19 am
Forum: Investing - Theory, News & General
Topic: Article: Rich kids are counting on inheritance to pay for retirement
Replies: 31
Views: 4490

Re: Article: Rich kids are counting on inheritance to pay for retirement

I'm not sure I care what 18-22 year old high school and college kids think. How did they break away from the beer pong long enough to do the survey? Lets check again when they grow up. Really? Are you suggesting that everybody aged 18 - 22 are heavy beer drinkers and that there are not a large numb...
by jjface
Sun Jul 08, 2018 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs Schwab
Replies: 18
Views: 1886

Re: Fidelity vs Schwab

Customer service: I think Schwab has the edge but fidelity isn't far off. Schwab has some nice things like 24/7 chat but fidelity closes its chat each night. Mutual funds: Fidelity ETFs: Either Bonds: Fidelity Solo 401k: Fidelity Checking account: Both are good Credit card: Fidelity retirement/educ...
by jjface
Sun Jul 08, 2018 8:33 pm
Forum: Investing - Theory, News & General
Topic: Wellesley alternative for taxable acct.?
Replies: 25
Views: 2853

Re: Wellesley alternative for taxable acct.?

There are no alternatives that will give you what ever it is you are looking for in wellesley. If you want wellesley then you have to decide if the tax situation is worth it. If not then pick something else.
by jjface
Sun Jul 08, 2018 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Socially Responsible Funds (I want to be socially irresponsible)
Replies: 34
Views: 1813

Re: Socially Responsible Funds (I want to be socially irresponsible)

On general principles, every tool does one thing best. Another saying is "no slave can serve two masters". My view of an investment: it can either do a good job achieving my financial goal or a social responsibility goal, but not both. So for me, if I wanted to feel better about myself, I would go ...
by jjface
Sat Jul 07, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs Schwab
Replies: 18
Views: 1886

Re: Fidelity vs Schwab

Customer service: I think Schwab has the edge but fidelity isn't far off. Schwab has some nice things like 24/7 chat but fidelity closes its chat each night. Mutual funds: Fidelity ETFs: Either Bonds: Fidelity Solo 401k: Fidelity Checking account: Both are good Credit card: Fidelity retirement/educa...
by jjface
Sat Jul 07, 2018 7:30 pm
Forum: Personal Consumer Issues
Topic: point and shoot digital cameras
Replies: 35
Views: 3026

Re: point and shoot digital cameras

pennylane wrote:
Sat Jul 07, 2018 6:08 pm
Don’t waste your money. Use an iPhone.
Don't waste your money. Use a google pixel 2 or a samsung S9.
by jjface
Sat Jul 07, 2018 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: How to "retire" in your 30's article
Replies: 110
Views: 14503

Re: How to "retire" in your 30's article

...I can't believe anyone with $5million and 50k expenses is still worried about retiring! He must just be bragging :annoyed Why would you assume he is bragging? If so, why would you be annoyed? Do you think he wants to fool you? Why not stop reading the thread? LOL you selectively quoted me. I was...
by jjface
Sat Jul 07, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: How to "retire" in your 30's article
Replies: 110
Views: 14503

Re: How to "retire" in your 30's article

The main point is that they saved up enough to be financially independent and can do whatever the heck they want to. His wife chose to work and he chose to stay at home. I think the point we're making is "how do we know they saved up enough to be financially independent?" The fact that the wife is ...
by jjface
Sat Jul 07, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 99
Views: 8836

Re: What rate of return are you using for retirement projections?

I think one should use a range as well as using tools like firecalc and i-orp.
by jjface
Sat Jul 07, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Which route for older adult with no retirement?
Replies: 19
Views: 2388

Re: Which route for older adult with no retirement?

Unfortunately for lower income couples the decision to go roth or traditional ira is a little more complicated due to tax credits. Having a lower income doesn't mean a lower marginal tax rate. Since a traditional IRA lowers your taxable income it could mean considerable tax savings through increase...
by jjface
Sat Jul 07, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: How to "retire" in your 30's article
Replies: 110
Views: 14503

Re: How to "retire" in your 30's article

Doesn't seem like anyone retired to me. One person chose to be a stay at home parent and the other chose reduced hours. People make this decision every day. The reasons behind the decision are obviously vastly different. I should think anyone can see that. If you have enough to live off for life yo...
by jjface
Sat Jul 07, 2018 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Which route for older adult with no retirement?
Replies: 19
Views: 2388

Re: Which route for older adult with no retirement?

Unfortunately for lower income couples the decision to go roth or traditional ira is a little more complicated due to tax credits. Having a lower income doesn't mean a lower marginal tax rate. Since a traditional IRA lowers your taxable income it could mean considerable tax savings through increased...
by jjface
Fri Jul 06, 2018 1:33 am
Forum: Personal Finance (Not Investing)
Topic: How to "retire" in your 30's article
Replies: 110
Views: 14503

Re: How to "retire" in your 30's article

Good for you Marc. A lot of people don’t understand that being frugal isn’t painful. Or that you can have a wonderful life without spending a lot. A lot don’t understand wanting to spend all that extra time with your family. I do so yes thank you for sharing. It isn’t always easy to have your life o...
by jjface
Thu Jul 05, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 11028

Re: SS taken at 62 vs. 70, but measured from 70+

OP I think you are getting a tad confused. You don't get an extra 8% return from 62-70 and then nothing. You give up 25% income for life by taking early at 62 and you get an extra 8% income for life each year deferring from 67-70. ............................. But thinking that taking early and inv...
by jjface
Wed Jul 04, 2018 12:06 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 11028

Re: SS taken at 62 vs. 70, but measured from 70+

Let me illustrate: SS at 62 = $15k SS at 70 = $25k Using OPs unrealistic 4% real return taking early would give an extra nest egg of $138k at age 70. 4% return is then $5500. But you are getting $10,000 less income now at 70 for life since you took it early. So each year that nest egg of $138k will ...
by jjface
Wed Jul 04, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 11028

Re: SS taken at 62 vs. 70, but measured from 70+

OP I think you are getting a tad confused. You don't get an extra 8% return from 62-70 and then nothing. You give up 25% income for life by taking early at 62 and you get an extra 8% income for life each year deferring from 67-70. Basically the SSA actuaries will have priced social security to be ne...
by jjface
Wed Jul 04, 2018 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Anxiety Spending Money
Replies: 52
Views: 5209

Re: Anxiety Spending Money

You make $45k and live at home. Seems like you are in a good position to wipe out those student loans very quickly (get that off your shoulders first) and then start your investing. What you want is a simple 4-6 line budget to plan out what you are going to do with your paycheck. If you know what ev...
by jjface
Wed Jul 04, 2018 10:19 am
Forum: Personal Consumer Issues
Topic: Surface Pro(2017) vs 9.7" iPad 2018 (edited)
Replies: 35
Views: 2405

Re: Surface Pro(2017) vs 10.5" iPad Pro

Hands down surface pro
by jjface
Sun Jul 01, 2018 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Do we start the house buying process?
Replies: 25
Views: 2220

Re: Do we start the house buying process?

You know the saying if it is too good to be true it probably is.

now $100 a month rent/utilities in a decent house. I'd stick with it until they threw me out. That is something that is too good to be true but is true!

"free housing, which I consider a blessing. "
by jjface
Sat Jun 30, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Missed June estimated tax payment deadline. Now what?
Replies: 17
Views: 2067

Re: Missed June estimated tax payment deadline. Now what?

Get online and sign up for the online payment system EFTPS. Schedule your payments so if you forget at least something reasonable is paid on time.
by jjface
Sat Jun 30, 2018 6:28 pm
Forum: Investing - Theory, News & General
Topic: What is your one favorite Fidelity Fund??
Replies: 58
Views: 4472

Re: What is your one favorite Fidelity Fund??

FFNOX Fidelity four in one.

I wish they would come out with a range of "lifestrategy" funds but this one is pretty good if a high stock allocation is what you want. I prefer it to the vanguard equivalent because of the lower international exposure.
by jjface
Sat Jun 30, 2018 11:51 am
Forum: Personal Consumer Issues
Topic: Cheapest way to buy a phone in 2018?
Replies: 73
Views: 6995

Re: Cheapest way to buy a phone in 2018?

If you are still at sprint then bestbuy usually offer decent discounts for 24 month installment purchases for the latest flagship. For example right now you can get the s9 at $300 off. $20.50x24 months = $492 + $30 upgrade fee + tax on the full price. S9+ is on sale too. Make sure you choose 24 mont...
by jjface
Fri Jun 29, 2018 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Retire at 55, what's the magic number
Replies: 169
Views: 22032

Re: Retire at 55, what's the magic number

A lot of people on this forum are scared of early retirement. Figures as high as $6m? wow. If you needed 84k with 60k in SS at 67 then my formula would be (84k x 12yrs) + (84k-60k * 30) = $1.728m Interestingly that is 20x expenses because of the large social security. If your expenses are flexible y...
by jjface
Thu Jun 28, 2018 10:24 am
Forum: Personal Consumer Issues
Topic: Save on inflated mobile $$$ plans ?
Replies: 15
Views: 1199

Re: Save on inflated mobile $$$ plans ?

Really a ton of choices and many are very reliable. No need to pay $$$$ If sprint works for you then they have a year of unlimited for free. https://www.sprint.com/en/shop/offers/free-unlimited.html?ECID=vanity:oneyearfree If you are a bit nervous about moving away from the big 4 then pick one of th...
by jjface
Wed Jun 27, 2018 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Do I lose tax benefits if I move home office out of the home?
Replies: 10
Views: 1043

Re: Do I lose tax benefits if I move home office out of the home?

You are confusing yourself. Home office and rented office space are totally separate. If you rent some office space exclusively for your business then you get to deduct all those expenses. If you use space in your home exclusively and follow all the other home.office rules you get to deduct home exp...
by jjface
Wed Jun 27, 2018 11:47 am
Forum: Investing - Help with Personal Investments
Topic: The Wilshire was up 1% yesterday but VTSAX was down.
Replies: 6
Views: 543

Re: The Wilshire was up 1% yesterday but VTSAX was down.

Yes I'm seeing my fid total stock up .25% from yesterday
by jjface
Sun Jun 24, 2018 8:27 pm
Forum: Investing - Theory, News & General
Topic: How does a guaranteed income stream affect stock/bond ratio?
Replies: 21
Views: 2038

Re: How does a guaranteed income stream affect stock/bond ratio?

When you have guaranteed income of $60k and expenses of 50k you can do whatever you like with your asset allocation! 100% stocks for example.
by jjface
Sun Jun 24, 2018 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Need 3% Steady Income from $1.1 Mil Nest Egg
Replies: 30
Views: 4268

Re: Need 3% Steady Income from $1.1 Mil Nest Egg

Yes overcomplicating a simple task. The first reply nailed it. You are ina good financial position that requires little to make it work well. 50% total stock and 50% total bond. (Or 60:40). Pick a balanced fund if you prefer like the vanguard balanced index. It is GOOD to sell a little for income. A...
by jjface
Wed Apr 11, 2018 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Self employed lost income car insurance settlement taxable?
Replies: 4
Views: 264

Re: Self employed lost income car insurance settlement taxable?

Do insurance companies usually withhold taxes in these situations when I am self employed? Is this a requirement or can I negotiate them to pay it gross?
by jjface
Wed Apr 11, 2018 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Self employed lost income car insurance settlement taxable?
Replies: 4
Views: 264

Self employed lost income car insurance settlement taxable?

Not sure if anyone can answer this. I was in a car accident and was not at fault. I am self employed and lost work due to the accident. The other driver's insurance company is paying damages for lost income and pain and suffering due to physical injuries. My doctor provided a note to state that my i...
by jjface
Mon Mar 12, 2018 10:22 am
Forum: Investing - Theory, News & General
Topic: jlcollinsnh - Stock Series
Replies: 14
Views: 2282

Re: jlcollinsnh - Stock Series

Personally I think "If you can" cannot be beat as an introduction to investing. https://www.etf.com/docs/IfYouCan.pdf Short and simple. If you want to go more complicated than that I wouldn't turn to Jlcollinsnh. Though I see he is pretty popular and some appreciate his style of humor. I find his in...
by jjface
Sun Mar 04, 2018 12:39 pm
Forum: Personal Consumer Issues
Topic: What are the Best Tablet to Read PDFs?
Replies: 29
Views: 3408

Re: What are the Best Tablet to Read PDFs?

Personally I would go nuts messing with files on an ipad. So much easier to deal with a proper file system and use microsd cards etc. Drop the files into your favorite cloud drive (eg Dropbox or Google Drive). Gives you a file system that you can access from anywhere, from any device. Just not the ...
by jjface
Sat Mar 03, 2018 7:56 pm
Forum: Personal Consumer Issues
Topic: What are the Best Tablet to Read PDFs?
Replies: 29
Views: 3408

Re: What are the Best Tablet to Read PDFs?

If all you are doing is reading pdfs of fairly small size 20-60 pages then you can do that on any of the major tablets with pens - surface pro, ipad pro, samsung s3. Personally I would go nuts messing with files on an ipad. So much easier to deal with a proper file system and use microsd cards etc. ...
by jjface
Fri Mar 02, 2018 11:04 pm
Forum: Personal Consumer Issues
Topic: Re: Where to buy a Vanguard hat? An Update and good news
Replies: 143
Views: 25902

Re: Where to buy a Vanguard hat? An Update and good news

Sent a message yesterday and was told it was over. No mug for me :(
by jjface
Wed Feb 28, 2018 6:06 pm
Forum: Personal Consumer Issues
Topic: Google Pixel 2 Users-Experience So Far?
Replies: 37
Views: 2784

Re: Google Pixel 2 Users-Experience So Far?

Went through 4 pixel 2 xls before getting a good one.

Decided to switch to the smaller one anyway as I didn't like the 18:9 screen and rounded corners. It was a bit big for me too.

Love the pixel 2 (not xl)
by jjface
Mon Feb 26, 2018 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Splitting a cell phone bill
Replies: 35
Views: 2096

Re: Splitting a cell phone bill

We have to remember this is not a plan that is split equally x ways. It was an arrangement where the person pays the extra cost for their line. The cost of the extra line is now $25. So I would charge $25 unless I particularly want to subsidize this person. You are not obliged to continue giving it ...
by jjface
Thu Feb 22, 2018 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Employment for Immigrant Wife
Replies: 27
Views: 2649

Re: Employment for Immigrant Wife

Sorry to be so traditional and against modern thinking but...

Being a mom is a full time 'job' and is hard work.

Being pregnant is not the time to start thinking about career choices in my opinion. Just take the time to enjoy the baby and then take it from there.
by jjface
Wed Feb 21, 2018 10:51 am
Forum: Personal Consumer Issues
Topic: Alternate Internet Service - Philadelphia PA
Replies: 5
Views: 390

Re: Alternate Internet Service - Philadelphia PA

A mobile hotspot plan?

You won't get as many GB but it is an alternative. Depends what you mean by basic? And it may be just as expensive.
by jjface
Tue Feb 20, 2018 7:47 pm
Forum: Personal Consumer Issues
Topic: Multiple Offer situation/should we pull our offer?
Replies: 72
Views: 6062

Re: Multiple Offer situation/should we pull our offer?

Could be anything. Perhaps there was one bidder who asked for more time or they didn't get as many bidders they had hoped. Or perhaps they are trying to get people to up their bids. Just bid what you want if you want and not worry about it. As someone else said - tomorrow will be here soon enough an...
by jjface
Tue Feb 20, 2018 4:04 pm
Forum: Investing - Theory, News & General
Topic: why Vanguard short-term bond instead of CD
Replies: 31
Views: 4061

Re: why Vanguard short-term bond instead of CD

Retail? CDs like from ally bank can offer some advantages as often the penalty to break them is much smaller than the benefit of investing in a higher yielding CD. Brokered CDs will be very similar to bond funds.
by jjface
Mon Feb 19, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: How to handle cashback bonuses?
Replies: 8
Views: 1319

Re: How to handle cashback bonuses?

No one here is going to be better at that decision than you. Treat yourself or not up to you.

Either way you are spending money whether from income or the bonus so doesn't matter where it comes from.
by jjface
Sat Feb 17, 2018 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Amica reocurring double digit increases in homeowners insurance
Replies: 37
Views: 3497

Re: Amica reocurring double digit increases in homeowners insurance

...others are reporting State Farm DECREASING their premium over the same period, My state farm policy is not decreasing and mirrors what your amica premiums have been doing - up up up. Not quite as steep as yours but double digits still. Grass isn't greener over on this side. I was thinking of swi...