Search found 2485 matches

by student
Wed Sep 19, 2018 9:36 am
Forum: Personal Consumer Issues
Topic: Should I bother meeting with a Chase Private Client Rep
Replies: 18
Views: 748

Re: Should I bother meeting with a Chase Private Client Rep

You can go if you want entertainment, I have gone to something similar.
by student
Wed Sep 19, 2018 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America credit card “feature” (be careful with autopay)
Replies: 45
Views: 2469

Re: Bank of America credit card “feature” (be careful with autopay)

You may find this article interesting. https://www.creditcards.com/credit-card-news/credit-balance-overpay-refund-1282.php I think there is another way to get your money back without talking to anybody. You do a cash advance but you need to make sure that you do not use the card for anything so you ...
by student
Tue Sep 18, 2018 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America credit card “feature” (be careful with autopay)
Replies: 45
Views: 2469

Re: Bank of America credit card “feature” (be careful with autopay)

Personally, I use auto pay very sparingly, and only for recurring exact amounts ( such as home mortgage, insurance premiums, etc). No auto pay for credit cards, utilities, etc for me - just too many ways for the process to get tripped up. Such as when I got an erroneous $2,000 water bill a couple o...
by student
Tue Sep 18, 2018 6:45 am
Forum: Personal Finance (Not Investing)
Topic: Insurance asking to repay for services not provided
Replies: 20
Views: 2177

Re: Insurance asking to repay for services not provided

Thanks you all for your help. I wanted to give an update and ask for some more advice. I called my insurance company today and they told me that they actually will not try to collect the money from me but from the dentist. Of course I was happy about that but the person on the phone was only willin...
by student
Tue Sep 18, 2018 6:40 am
Forum: Personal Finance (Not Investing)
Topic: BofA - Am I Shadow-Loaning to Them?
Replies: 9
Views: 820

Re: BofA - Am I Shadow-Loaning to Them?

I paid my credit card yesterday via transfer and it was posted to the credit card as pending with yesterday as the transaction date.
by student
Tue Sep 18, 2018 6:33 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America credit card “feature” (be careful with autopay)
Replies: 45
Views: 2469

Re: Bank of America credit card “feature” (be careful with autopay)

Personally, I use auto pay very sparingly, and only for recurring exact amounts ( such as home mortgage, insurance premiums, etc). No auto pay for credit cards, utilities, etc for me - just too many ways for the process to get tripped up. Such as when I got an erroneous $2,000 water bill a couple o...
by student
Tue Sep 18, 2018 6:28 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America credit card “feature” (be careful with autopay)
Replies: 45
Views: 2469

Re: Bank of America credit card “feature” (be careful with autopay)

I agree that it will take a quick phone call to fix this. Even if you do not call, they will likely send you a check next month. I think it is due to some anti money laundering law.
by student
Mon Sep 17, 2018 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Engines and TIAA RE and SRA funds
Replies: 5
Views: 505

Re: Financial Engines and TIAA RE and SRA funds

It recognized TIAA RE and Traditional when I used it a few years ago. If you type TIAA Traditional and it does not recognize it now, I suggest using an inflation linked bond fund as a proxy. That's what I do when I use Personal Capital. Thanks, student. I will look for inflation linked bond-funds a...
by student
Mon Sep 17, 2018 3:35 pm
Forum: Personal Consumer Issues
Topic: Xfinity Mobile
Replies: 130
Views: 17731

Re: Xfinity Mobile

Xfinity mobile users: Do you consider Xfinity hotspots secure? When I’m on public Wi-Fi, I make it a point to switch to cellular before logging into any secures sites. Is that an option on Xfinity mobile? I.e, can you force your phone to get data from cellular/Verizon even if you’re within range of...
by student
Mon Sep 17, 2018 3:23 pm
Forum: Personal Consumer Issues
Topic: are iPad Minis obsolete?
Replies: 28
Views: 2852

Re: are iPad Minis obsolete?

I like the mini. Good size but the processor is outdated. I keep waiting for them to release a new one so that I can upgrade but I don't think this will happen.
by student
Mon Sep 17, 2018 12:59 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 78
Views: 6535

Re: Is there such thing as saving TOO much?

As others have noted, we need some numbers. In general, I would say save as much as possible but don't ``torture'' yourself. There are things that are more enjoyable to do as a younger person. So Far this year, I've saved roughly 26k...and I've made about 38k... Wow. This is impressive. It is ok if...
by student
Mon Sep 17, 2018 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Want to buy Home - But not sure!
Replies: 7
Views: 509

Re: Want to buy Home - But not sure!

If you are not sure about whether you will stay with your current employer, I recommend renting.
by student
Mon Sep 17, 2018 12:51 pm
Forum: Personal Consumer Issues
Topic: Xfinity Mobile
Replies: 130
Views: 17731

Re: Xfinity Mobile

Can anyone who has used Xfinity Mobile Unlimited for months comment on the service in major cities? I'm in Chicago. Is it as good as Verizon or subpar compared to VZ? I understand they use VZ's towers but I'm always skeptical that these "rent" services are ever as good. Im on AT&T currently. Never ...
by student
Mon Sep 17, 2018 12:46 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 78
Views: 6535

Re: Is there such thing as saving TOO much?

As others have noted, we need some numbers. In general, I would say save as much as possible but don't ``torture'' yourself. There are things that are more enjoyable to do as a younger person.
by student
Sun Sep 16, 2018 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 126
Views: 8053

Re: Considering Quitting Job - Seeking Advice. Would you do it?

I don’t know that you are ready to walk away but I am going to tell you a little story that may give you some perspective. About Christmas time last year my DW’S grandmother passed away. She was an interesting woman with a tremendous amount of witty things to say. I remember seeing her in the caske...
by student
Sun Sep 16, 2018 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking of Retiring at 52, Please Critique Plan
Replies: 42
Views: 5269

Re: Thinking of Retiring at 52, Please Critique Plan

You should consider SSDI. You have paid into the system. So you should use it when you are in need of it.
by student
Sun Sep 16, 2018 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking of Retiring at 52, Please Critique Plan
Replies: 42
Views: 5269

Re: Thinking of Retiring at 52, Please Critique Plan

I would also hesitate to retire. Most expenses can be controlled but I am very concern about health care expense as ACA may or may not be affordable in the future. The job market is good. It may be wise to look for another lower paid job with benefit. I would not worry about college cost. You have m...
by student
Sun Sep 16, 2018 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Please help me assess condo purchase and overall finances
Replies: 16
Views: 875

Re: Please help me assess condo purchase and overall finances

No need to worry. What you have is a reasonable enough plan.
by student
Sun Sep 16, 2018 2:18 pm
Forum: Personal Consumer Issues
Topic: Embarking on a large-scale home update
Replies: 26
Views: 1261

Re: Embarking on a large-scale home update

Although I have never done a remodeling, I expect it to be stressful. So if money is not an issue, I would say do everything at one go.
by student
Sun Sep 16, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Please help me assess condo purchase and overall finances
Replies: 16
Views: 875

Re: Please help me assess condo purchase and overall finances

If your job is stable, you are fine having a mortgage 3x your salary although I would say it reaches the limit (not including buying at VHCOL areas). I would say you should do a 20% down mortgage. It maybe a little tight at the beginning but given that this is a condo, there should be no surprises f...
by student
Sun Sep 16, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 126
Views: 8053

Re: Considering Quitting Job - Seeking Advice. Would you do it?

Now that you have posted the numbers, please retire and enjoy life.
by student
Sun Sep 16, 2018 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Pre-Retirement Review
Replies: 9
Views: 1160

Re: Pre-Retirement Review

I would also recommend downsizing so that you have a paid off house and $600k+ excluding home equity. Use 3% withdrawal rate, you get $18,000 a year, half of what you need. Job market is relatively good, so either you or your wife can get a part-time job. My advice would be different if you have rea...
by student
Sun Sep 16, 2018 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 126
Views: 8053

Re: Considering Quitting Job - Seeking Advice. Would you do it?

I understand that you do not want to divulge too much company information but it will be helpful if you tell us your net worth. It makes a difference. If you have $10 millions and you are spending $400k, I would say retire and spend less. If you have $1 million and you are spending $40k, then it is ...
by student
Sun Sep 16, 2018 7:05 am
Forum: Personal Finance (Not Investing)
Topic: 401k money missing
Replies: 38
Views: 4793

Re: 401k money missing

As others have said, do not wait. Talk to HR. It may also be useful to check with your colleagues to see whether they have any money missing.
by student
Sat Sep 15, 2018 12:50 pm
Forum: Personal Consumer Issues
Topic: Cheapest smartphone option for 2 weeks
Replies: 12
Views: 791

Re: Cheapest smartphone option for 2 weeks

inbox788 wrote:
Sat Sep 15, 2018 9:42 am
student wrote:
Fri Sep 14, 2018 1:48 pm
You may want to consider a prepaid plan with a phone. If it is is just for 2 weeks, can you do without a phone?
Are you trying to keep your number? Can you?

I like the no phone idea.
I assume the OP can't keep the number as it was a work phone.
by student
Sat Sep 15, 2018 8:40 am
Forum: Investing - Help with Personal Investments
Topic: How much in a brokerage account?
Replies: 7
Views: 746

Re: How much in a brokerage account?

Major brokerages carry private insurance above and beyond SIPC coverage. For instance, Schwab has: Additional protection through Lloyd's of London and other London insurers Additional brokerage insurance—in addition to SIPC protection—is provided to Charles Schwab & Co., Inc. accounts through under...
by student
Sat Sep 15, 2018 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Employer won't Match 401k. Why?
Replies: 52
Views: 5298

Re: Employer won't Match 401k. Why?

Your employer is not going to negotiate with each individual employee on his/her 401k match. Well, maybe they will for the CEO but not for a regular employee. Look at the total compensation. I think you have a better chance in negotiating your salary.
by student
Sat Sep 15, 2018 8:14 am
Forum: Investing - Theory, News & General
Topic: Help w/ large annual bonus
Replies: 16
Views: 1853

Re: Help w/ large annual bonus

For psychological reason, I will DCA over one year.
by student
Sat Sep 15, 2018 8:13 am
Forum: Investing - Help with Personal Investments
Topic: TIAA near-retiree begins to consider retirement now
Replies: 22
Views: 1224

Re: TIAA near-retiree begins to consider retirement now

1) TIAA is still non-profit but it lost its tax-exempt status about 20 years ago. 2) Long Term Care Insurance is a legitimate product but do your own research before deciding whether you want one. 3) I think TIAA is a reputable company and I have about 50% of by retirement money with them. Many of m...
by student
Sat Sep 15, 2018 6:18 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 128
Views: 8103

Re: Age in Bonds - Still Recommended?

Charles Ellis' suggested portfolios by age: • Under 40 years old -- 100% in stocks • 40 to 50 years old -- 90% in stocks; 10% in bonds • 50 to 60 years old -- 80% in stocks; 20% in bonds • 60 to 70 years old -- 60% in stocks; 40% in bonds • 70 to 80 years old -- 50% in stocks; 50% in bonds I'm 50 y...
by student
Sat Sep 15, 2018 6:09 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 128
Views: 8103

Re: Age in Bonds - Still Recommended?

HEDGEFUNDIE wrote:
Fri Sep 14, 2018 5:45 pm
I am kind of stunned by the number of people here who are admitting to holding no bonds. I am one of them, but I never expected there to be so many of us.
I was 90/10 until late 40's.
by student
Sat Sep 15, 2018 6:05 am
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 62
Views: 3826

Re: The Boglehead is anti-entrepreneur?

I don't think so. I believe that the underlying principle here is to understand risk and be able to look as risk vs reward. Many are not as risk tolerant as they think. I do not recall seeing threads with people against being entrepreneurial. I see threads with positive advice for people who wants t...
by student
Fri Sep 14, 2018 10:48 pm
Forum: Personal Consumer Issues
Topic: iphone xs--buy it sim free vs. on a network
Replies: 12
Views: 1233

Re: iphone xs--buy it sim free vs. on a network

It is very easy. Just put the sim in your new phone. If you are unsure how to do it, just bring your old phone and your new phone to AT&T and ask them to do it for you.
by student
Fri Sep 14, 2018 1:48 pm
Forum: Personal Consumer Issues
Topic: Cheapest smartphone option for 2 weeks
Replies: 12
Views: 791

Re: Cheapest smartphone option for 2 weeks

You may want to consider a prepaid plan with a phone. If it is is just for 2 weeks, can you do without a phone?
by student
Fri Sep 14, 2018 6:43 am
Forum: Investing - Theory, News & General
Topic: [A Boglehead explains the simplest way to manage your money - alternative viewpoint]
Replies: 45
Views: 4439

Re: [A Boglehead explains the simplest way to manage your money - alternative viewpoint]

I think some have read too much into what Earl had said. I think he was simply saying that with modern tools, it is not difficult to manage a more complex portfolio. I have more than 3 funds, mostly leftover from years ago. Now I mainly invest in 3 types (Total Market Index, International Index and ...
by student
Thu Sep 13, 2018 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA questions [GRA (Group Retirement Annuity) payout options]
Replies: 6
Views: 499

Re: TIAA questions

For the illiquid version, you can transfer out with 10 yearly payments.
by student
Thu Sep 13, 2018 4:00 pm
Forum: Personal Consumer Issues
Topic: How to help teenager fix silly mistakes in math?
Replies: 50
Views: 3115

Re: How to help teenager fix silly mistakes in math?

I would say that she should not skip steps until the sloppiness is gone.
by student
Thu Sep 13, 2018 6:46 am
Forum: Personal Finance (Not Investing)
Topic: Credit card advice
Replies: 22
Views: 1341

Re: Credit card advice

snailderby wrote:
Thu Sep 13, 2018 6:44 am
Instead of cancelling the card, can you downgrade it to another card from the same company with no annual fee? If that's possible, you may be able to keep the old card's credit limit and account history.
+1. This is a standard strategy.
by student
Thu Sep 13, 2018 5:58 am
Forum: Personal Finance (Not Investing)
Topic: Laid Off, Considering Multiple Options - Which Would You Recommend?
Replies: 39
Views: 5310

Re: Laid Off, Considering Multiple Options - Which Would You Recommend?

It sounds like you could even retire. May require you to move to LCOL area or cheaper housing in the same area. Even your kids education is all set. He can’t retire, half his assets are effectively “locked” up, after taxes and penalties it would be even less. I’d start the job search now. Pursue al...
by student
Wed Sep 12, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: The Atlantic: 'Why is College In America So Expensive?'
Replies: 27
Views: 2516

Re: The Atlantic: 'Why is College In America So Expensive?'

As someone who works in higher education, I cannot say healthcare is a good analogy to higher ed. Unregulated free market solutions generally work well when + All relevant information is widely available + All the potential consumers are perfectly capable of understanding the information + They hav...
by student
Wed Sep 12, 2018 6:33 am
Forum: Personal Finance (Not Investing)
Topic: The Atlantic: 'Why is College In America So Expensive?'
Replies: 27
Views: 2516

Re: The Atlantic: 'Why is College In America So Expensive?'

The article touched briefly on the growth of non-faculty personnel expenses, but didn’t explore the “why.” That seems like it could be a fruitful line of inquiry. If you are interested in salaries of faculty and staff, take a look at https://data.chronicle.com/?cid=wcontentgrid For faculty only, he...
by student
Wed Sep 12, 2018 6:26 am
Forum: Personal Finance (Not Investing)
Topic: The Atlantic: 'Why is College In America So Expensive?'
Replies: 27
Views: 2516

Re: The Atlantic: 'Why is College In America So Expensive?'

As someone who works in higher education, I cannot say healthcare is a good analogy to higher ed. To keep this post not political and actionable, I will frame it in terms of personal finance. Having multiple systems is not an issue to me, one's focus should be access to at least one of them. Sure, g...
by student
Wed Sep 12, 2018 6:05 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Schwab, or Vanguard
Replies: 61
Views: 4031

Re: Fidelity, Schwab, or Vanguard

All three are fine. Customer services maybe better at Fidelity and Schwab. However, others may have different experiences. I prefer them because they have local offices near me and they have 24 hours customer service. I may call them once a year or less but I want to know if there is an emergency, I...
by student
Tue Sep 11, 2018 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: 401k money missing
Replies: 38
Views: 4793

Re: 401k money missing

Mistake happens. Talk to HR. First, I think they probably violated some rules. See https://pocketsense.com/long-employer-deposit-401k-match-8647925.html At my employer, they made a mistake and they made whole by depositing additional fund to compensate the missing out of the stock market gain. How ...
by student
Tue Sep 11, 2018 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: 401k money missing
Replies: 38
Views: 4793

Re: 401k money missing

Mistake happens. Talk to HR. First, I think they probably violated some rules. See https://pocketsense.com/long-employer-d ... 47925.html At my employer, they made a mistake and they made whole by depositing additional fund to compensate the missing out of the stock market gain.
by student
Tue Sep 11, 2018 8:46 am
Forum: Investing - Help with Personal Investments
Topic: After a couple of years I'm back - take a peak and tell me how I'm doing - all advice welcome!
Replies: 9
Views: 1130

Re: After a couple of years I'm back - take a peak and tell me how I'm doing - all advice welcome!

I think you are doing well and you have a good plan. You own your home with no mortgage in NY, that's great. You have over $800,000 in retirement savings and your husband has a pension of $2,500 when retires. Does the $2,500 come witj COLA? If it does, it is icing on the cake.
by student
Tue Sep 11, 2018 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Father Wants a Home Mortgage (Bad Credit Score)
Replies: 43
Views: 3070

Re: Father Wants a Home Mortgage (Bad Credit Score)

I think we only have OP's father's side of the story. OP mentioned that he is under the impression that the grandfather has been reporting the rental income. We know OP's father is the stepson of the grandfather. If the grandfather is willing to be involved in the mess for his stepson, he doesn't se...