Search found 212 matches

by essbeer
Wed Jul 01, 2020 7:48 pm
Forum: Personal Consumer Issues
Topic: Elementary school in Fall - choose Virtual or In-person
Replies: 120
Views: 8818

Re: Elementary school in Fall - choose Virtual or In-person

I want my kids to go to school, but I'm just having a hard time envisioning how this is going to work. Social distancing -- physically impossible in our already over-crowded school. Masks -- I can't get my kids to keep them on for five minutes. Temperature checks and hand sanitation -- its going to ...
by essbeer
Wed Jul 01, 2020 7:10 pm
Forum: Personal Investments
Topic: SPAXX about to go negative [what are good cash funds?]
Replies: 12
Views: 1632

Re: SPAXX about to go negative [what are good cash funds?]

I just notice today my SPRXX investment paid $.05 last month. Language on the fund page makes it sound like they are already waiving some of the expense ratio: "Prospectus Net Expense Ratio is 0.42% as of 6/29/2020 and may not include certain voluntary reimbursements and waivers that reduce the...
by essbeer
Thu Jun 18, 2020 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Signature strip on credit card
Replies: 73
Views: 5672

Re: Signature strip on credit card

In Europe the cash registers will actually prompt the cashier to compare signatures. If you are in a tourist savvy area that see a lot of American credit cards they seem to ignore it. But out in the country some people take it deadly serious, carefully inspecting both the card and the signature slip...
by essbeer
Tue Jun 02, 2020 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Citi®/AAdvantage® Executive World Elite MasterCard-Admiral's Club Refund?
Replies: 5
Views: 393

Re: Citi®/AAdvantage® Executive World Elite MasterCard-Admiral's Club Refund?

Citi announced that they will give a $225 statement credit at renewal to make up for not being able to use the club lounges.
by essbeer
Sun May 31, 2020 2:57 pm
Forum: Personal Investments
Topic: What Does Tag "(Cash)" by a Vangurad MF mean?
Replies: 5
Views: 577

Re: What Does Tag "(Cash)" by a Vangurad MF mean?

Thanks. Actually this account is my margin approved account (my old Vanguard Advantage account.) My other accounts don't have margin access and they don't show any sort of tags. It's the first time I've held anything other than settlement funds in this account. Maybe it's a temporary tag since I rec...
by essbeer
Sat May 30, 2020 5:26 pm
Forum: Personal Investments
Topic: What Does Tag "(Cash)" by a Vangurad MF mean?
Replies: 5
Views: 577

Re: What Does Tag "(Cash)" by a Vangurad MF mean?

livesoft wrote: Sat May 30, 2020 5:21 pm Not held in a margin account.
Ah, okay, thanks. So does this only show up in accounts with margin ability? So if I were to buy on margin would it say "(Margin)" there instead?
by essbeer
Sat May 30, 2020 5:18 pm
Forum: Personal Investments
Topic: What Does Tag "(Cash)" by a Vangurad MF mean?
Replies: 5
Views: 577

What Does Tag "(Cash)" by a Vangurad MF mean?

I recently bought some VASIX in a taxable account and I noticed when I check the account details it says "Vanguard LifeStrategy Income Fund Investor Shares (Cash)". I can't ever remember seeing "cash" next to any of my funds before, and I can't figure out what it could indicate. ...
by essbeer
Fri Jan 31, 2020 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Reserve Trip Delay Insurance
Replies: 5
Views: 726

Re: Chase Reserve Trip Delay Insurance

Thanks for the report. Did the insurance provider ask anything about compensation from the airline?
by essbeer
Fri Jan 31, 2020 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 508
Views: 48950

Re: JPM Chase Reserve Card gets more expensive

The break-even is actually lower than that because you only get 1.25 cents per point through the Chase portal if you have the CSP. I calculate the break-even somewhere around $7,750/year in travel and dining: CSR: $7,750 x 3 points = 23,250 --> worth $348.75 through the CSR portal at 1.5 cents per ...
by essbeer
Fri Jan 31, 2020 11:36 am
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 508
Views: 48950

Re: JPM Chase Reserve Card gets more expensive

Break-even is if you spend at least $861 per month on travel and dining. If you don't, it's better to get the Chase Sapphire Preferred in most cases. Another option is the Ink Preffered. Still $95 like the CSP, but you get 3X travel like the CSR, you just lose the dining bonus. So you can look at i...
by essbeer
Thu Jan 30, 2020 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4900
Views: 939613

Re: What's Your Credit Card Rewards Strategy?

You say you get 1.5x value in transferring to airline portals, but I haven't actually seen that. Like I said, I mostly fly United, where I can't transfer Amex points. What airlines are you seeing 1.5x value? Using a real world example, I booked a trip to Europe (LON out, AMS home) this summer for m...
by essbeer
Sun Nov 24, 2019 2:17 pm
Forum: Personal Consumer Issues
Topic: [Tesla truck]
Replies: 170
Views: 13093

Re: [Tesla truck]

I think it looks great, but it also looks enormous. Where is a city dweller supposed to park this thing?
by essbeer
Wed Oct 30, 2019 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: Uber VISA rewards cut
Replies: 77
Views: 15578

Re: Uber VISA rewards cut

I think I was told conflicting information on this. My bill cycle runs from January 18 - February 17 and I was told that I would be able to redeem rewards for a statement credit as long as it was before February 17. I wish they emailed me the chat transcript so I could quote it, but I don't have it...
by essbeer
Wed Oct 30, 2019 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Uber VISA rewards cut
Replies: 77
Views: 15578

Re: Uber VISA rewards cut

The Uber VISA email about the changes reads: "When you earn rewards with your Uber Credit Card, starting with your billing period in February 2020, they’ll come in the form of Uber Cash." My bill cycle runs the 6th of the month thru the 5th of the following month so I'm interpreting the F...
by essbeer
Fri Sep 27, 2019 9:03 pm
Forum: Investing - Theory, News & General
Topic: When do you see effects of compound interest on net worth?
Replies: 36
Views: 4412

Re: When do you see effects of compound interest on net worth?

It's tricky because people say you should include your home value in net worth, which is really more of an anchor on your wealth growth than anything else. I'm approaching 45x income in net worth and dividends are only about 50% of my cash flow now. Income is still really important.
by essbeer
Mon Sep 16, 2019 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Two Chase Sapphire Reserve Cards or one CSR + 1 other
Replies: 12
Views: 1606

Re: Two Chase Sapphire Reserve Cards or one CSR + 1 other

Don't forget that Amex Plat includes Gold status for both Hilton and Marriott. We got suite upgrades in Europe even with Gold on Hilton properties about 80% of the time and also got lounge access almost everywhere it was offered.
by essbeer
Mon Sep 16, 2019 8:54 am
Forum: Personal Consumer Issues
Topic: T-mobile vs Google Fi for Internatioanal?
Replies: 31
Views: 2341

Re: T-mobile vs Google Fi for Internatioanal?

Had 3 weeks driving in Europe this summer and T-Mobile's One plus plan on two phones and it really exceeded expectations. Data speeds weren't an issue at all, in fact my kids could stream YouTube videos with no noticeable quality difference from US. We had a 3rd phone with a local sim and it wasn't ...
by essbeer
Sat Aug 24, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Do I Want My Rental to be a Qualified Joint Venture?
Replies: 11
Views: 893

Re: Do I Want My Rental to be a Qualified Joint Venture?

Did you not read the first paragraph of my previous post that you quoted the second paragraph of? In your circumstances, two Schedule Cs and SEs are not appropriate. You are almost certainly NOT engaged in a business of real estate. Nothing about QJV filing changes that. You will still simply have ...
by essbeer
Sat Aug 24, 2019 1:29 am
Forum: Personal Finance (Not Investing)
Topic: Do I Want My Rental to be a Qualified Joint Venture?
Replies: 11
Views: 893

Re: Do I Want My Rental to be a Qualified Joint Venture?

QJV is simply a filing status election to make it far easier for a two spouse only tax filing of joint rental income or joint self-employment income instead of the much more complex partner ship rules and tax filing. Thanks. So do we just file Schedule Cs with zeros in all the spaces? The rules see...
by essbeer
Fri Aug 23, 2019 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Do I Want My Rental to be a Qualified Joint Venture?
Replies: 11
Views: 893

Re: Do I Want My Rental to be a Qualified Joint Venture?

Edit: Never mind I've found contradictory information, so I'm not sure about that answer anymore.
by essbeer
Fri Aug 23, 2019 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Do I Want My Rental to be a Qualified Joint Venture?
Replies: 11
Views: 893

Re: Do I Want My Rental to be a Qualified Joint Venture?

I think what you’re looking for is to distinguish between characterizing a business enterprise as a security or a joint venture. Very broadly speaking a JV is a business enterprise wherein the parties have invested money, expect a profit and have co-equal say in the management of the enterprise. Ag...
by essbeer
Fri Aug 23, 2019 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Do I Want My Rental to be a Qualified Joint Venture?
Replies: 11
Views: 893

Do I Want My Rental to be a Qualified Joint Venture?

My wife and I are about to put our first rental on the market. I know we have the option to put the property into an LLC. Still debating whether we really need one, but it seems cheap and doesn't appear to add much complication. I notice that we apparently also have the option of treating the LLC as...
by essbeer
Tue Aug 20, 2019 9:18 pm
Forum: Personal Consumer Issues
Topic: Moving to Houston
Replies: 39
Views: 4269

Re: Moving to Houston

My son just started Kindergarden last week, so I am not familiar with some of the school lingo. I had a few questions? 1) What happens if there are too many students in a school? Someone mentioned River oaks school is good,but it would be tough to get in. 2) What are magnet schools? If enrollment i...
by essbeer
Thu Aug 15, 2019 12:21 pm
Forum: Personal Consumer Issues
Topic: Moving to Houston
Replies: 39
Views: 4269

Re: Moving to Houston

West U, Roberts, Horn, River Oaks -- those are all really good elementary schools in the area. River Oaks would be the shortest commute, it's possible (but very, very unlikely) to win a lottery slot for River Oaks even if you are zoned to a different school. Way easier to just be zoned to a good sch...
by essbeer
Fri Apr 12, 2019 6:07 pm
Forum: Personal Consumer Issues
Topic: YouTube TV is increasing their price - will you cancel it?
Replies: 66
Views: 6609

Re: YouTube TV is increasing their price - will you cancel it?

I pay $24.66/month to Comcast for 220+ channels with their Digital Preferred Package, that includes all taxes and rental of a cable card. I don't use them for internet or phone. I get on-demand and can stream through the app for the channels that have it. I've had this deal for years. It's crazy, I ...
by essbeer
Mon Apr 08, 2019 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4900
Views: 939613

Re: What's Your Credit Card Rewards Strategy?

EDIT: Here is an example of what I'm talking about: IAH-DEN April 30 8:10 am. Saver award without card -- 6K. Saver award with card 5K. Very interesting. I used my account (UA Visa + elite status) and the page first loaded with 6k miles as the cheapest price and even showed the 8:10am flight for th...
by essbeer
Mon Apr 08, 2019 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4900
Views: 939613

Re: What's Your Credit Card Rewards Strategy?

BUT there now appears to be a discount for card holders instead. Didn't see any discount on international but found many on domestic. Interesting - does it have some sort of indicator in the UI or did you find it through price comparison with different accounts? Price comparison, logged in vs. logg...
by essbeer
Mon Apr 08, 2019 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4900
Views: 939613

Re: What's Your Credit Card Rewards Strategy?

I’d get the MPE for the bonus if you have no bette choices, but not as a keeper or use it for ongoing spend. One thing I'm wondering about: United offers expanded award availability to MPE cardholders. It'll be interesting to see whether or not this benefit becomes more valuable as time goes on. I ...
by essbeer
Mon Apr 08, 2019 10:03 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4900
Views: 939613

Re: What's Your Credit Card Rewards Strategy?

Economy flights into London were about the only bright spot left for me with URs, but I'm sure this change in policy was specifically aimed at high cpp redemptions like that. Personally I don't think I'll be collecting any more URs until I see how this shakes out. If all redemptions are going to be ...
by essbeer
Thu Apr 04, 2019 2:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 645
Views: 73068

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

I don't bother with the bank checking account precisely because I don't want to be constantly monitoring if there is enough cash to cover expenses. There is accounting software that will do the monitoring for you. Whenever I boot my computer I get a small screen from billminder.exe that informs me ...
by essbeer
Wed Apr 03, 2019 8:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 645
Views: 73068

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

I'm not going to throw away several hundred dollars a year by keeping my cash there. Then don't keep your cash there. What is several hundred dollars a year. Say several is a $300 loss. At 2.5% that's a balance of some $12000. I wouldn't keep $12000 in my checking account either. But a $1000 balanc...
by essbeer
Wed Apr 03, 2019 4:13 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 645
Views: 73068

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

Do “real banks” pay Vanguard money market fund interest rates on their zero balance requirement checking accounts? No but one Starbuck a week is not enough for me to give up all the other perks and benefits that our bank(s) offers. (I don't know what you mean by "zero balance requirement check...
by essbeer
Wed Apr 03, 2019 9:55 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 645
Views: 73068

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

This thread has a life of its own. As a longtime Vanguard customer who maintains relatively large money market account balances I have a completely different viewpoint than most of posters. For security reasons I have no interest in having my Vanguard mutual account information circulating on check...
by essbeer
Wed Mar 27, 2019 12:49 pm
Forum: Personal Consumer Issues
Topic: Tattoos and Bogleheads
Replies: 180
Views: 11140

Re: Tattoos and Bogleheads

I think in upper to upper-middle class neighborhoods it's still considered some sort of signal of either "low" birth or reckless youth. I live around lots of under 40 doctors and lawyers and literally zero have visible tattoos. I don't think a visible tattoo would be unacceptable, quite th...
by essbeer
Wed Mar 27, 2019 11:24 am
Forum: Personal Finance (Not Investing)
Topic: VG Voyager Select status
Replies: 5
Views: 593

Re: VG Voyager Select status

I remember when I crossed the threshold for Voyager Select status (but more than a month before my status officially changed) I called in and talked to a Voyager rep and asked him if I could talk to a Voyager Select rep and he told me he was also a Voyager Select rep. And also a Flagship rep.
by essbeer
Wed Mar 27, 2019 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 125
Views: 13904

Re: Apple Card

I'm not surprised that credit card enthusiasts are giving the card a thumbs down. But even the Apple fan magazines and sites are saying you can do better elsewhere. Even the Goldman Sachs analysts are saying it's a mediocre offering. It wouldn't surprise me if Apple changes the card to a flat-rate 2...
by essbeer
Mon Mar 18, 2019 8:50 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 645
Views: 73068

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

This morning Vanguard finally sent me an email notifying me of the end of VanguardAdvantage. I suppose the overwhelming number of Flagship clients that used the service meant that it took Vanguard a full two weeks to get all of the notification emails sent out. :annoyed Other than one email (which ...
by essbeer
Sat Mar 16, 2019 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: AmEx Blue Cash Everyday Card
Replies: 26
Views: 3339

Re: AmEx Blue Cash Everyday Card

What will your credit utilization be now that they've lowered your available credit? Even wild swings in utilization are normally less than 20 points for me.
by essbeer
Mon Mar 11, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Airline travel and economy: pay $$ to pick seats
Replies: 116
Views: 8659

Re: Airline travel and economy: pay $$ to pick seats

No, that's the seat you paid for. You chose not to pay to sit with your 3 year old. Maybe you can't afford airline travel and should try a staycation next time. Ok, that sounds harsh, but how is it different from complaining about being charged for the food you order at a restaurant? It's different...
by essbeer
Mon Mar 11, 2019 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Airline travel and economy: pay $$ to pick seats
Replies: 116
Views: 8659

Re: Airline travel and economy: pay $$ to pick seats

No, that's the seat you paid for. You chose not to pay to sit with your 3 year old. Maybe you can't afford airline travel and should try a staycation next time. Ok, that sounds harsh, but how is it different from complaining about being charged for the food you order at a restaurant? It's different...
by essbeer
Sun Mar 10, 2019 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Airline travel and economy: pay $$ to pick seats
Replies: 116
Views: 8659

Re: Airline travel and economy: pay $$ to pick seats

OP, did you check also online if you could purchase seat assignments? I flew Delta basic economy last summer with my family and I was able to purchase seat assignments through the website for, I think, $29 each. It added pretty substantially to the cost but I didn't really want to take chances.
by essbeer
Sun Mar 10, 2019 5:09 pm
Forum: Personal Investments
Topic: Leaving Roth to children?
Replies: 16
Views: 2132

Re: Leaving Roth to childREN?

So I don't have to worry about, say, the oldest being in charge and [stealing from] her sister? If they are 50/50 beneficiaries, Vanguard will do the splitting for them? That makes it easier! If one is a minor you should appoint a trustee or financial guardian whose duty is to ensure no foul play. ...
by essbeer
Sun Mar 10, 2019 1:36 pm
Forum: Personal Investments
Topic: Should I go all in with Vanguard or "diversify" with Fidelity?
Replies: 37
Views: 4929

Re: Should I go all in with Vanguard or "diversify" with Fidelity?

I leave a substantial amount in a second account in case I need to pay a lawyer to sue for access to my primary account. I wouldn't really be comfortable with only one account that would leave me financially strapped if it ever got shutdown for some reason.
by essbeer
Sat Mar 02, 2019 1:51 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 645
Views: 73068

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

My Flagship rep called with a two pronged attack. Advantage is dead and I should sign up for PAS. I told him this seemed to be going a cross purposes as Vanguard was eliminating the possibility of being a one stop solution, then pitching PAS as a one stop solution. That idea seemed to surprise him....
by essbeer
Sat Mar 02, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Is the Chase Sapphire Preferred card any good?
Replies: 61
Views: 4786

Re: Is the Chase Sapphire Preferred card any good?

If you have the CNB Crystal, for instance, it's has 3.6% back in airfare for groceries, but also has a $550 value bonus at 50k spend, so then it's theoretically up to 4.7% back on groceries. There are others: https://www.doctorofcredit.com/best-credit-card-for-grocery-store-purchases/ A $400 fee is...
by essbeer
Sat Mar 02, 2019 12:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 645
Views: 73068

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

My Flagship rep called with a two pronged attack. Advantage is dead and I should sign up for PAS. I told him this seemed to be going a cross purposes as Vanguard was eliminating the possibility of being a one stop solution, then pitching PAS as a one stop solution. That idea seemed to surprise him....
by essbeer
Sat Mar 02, 2019 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Is the Chase Sapphire Preferred card any good?
Replies: 61
Views: 4786

Re: Is the Chase Sapphire Preferred card any good?

About the only thing I'd still charge on the CSP is parking garages, and even then I usually have better options. Bonus was nice but I will definitely downgrade when the time comes. I've got 4% (or better) options for dining, hotel, travel, entertainment, gas and groceries -- all no FTF. And once y...
by essbeer
Sat Mar 02, 2019 11:20 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 645
Views: 73068

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

My Flagship rep called with a two pronged attack. Advantage is dead and I should sign up for PAS. I told him this seemed to be going a cross purposes as Vanguard was eliminating the possibility of being a one stop solution, then pitching PAS as a one stop solution. That idea seemed to surprise him....
by essbeer
Fri Mar 01, 2019 3:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 645
Views: 73068

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts]

I wish they'd simply raise the fees to cover the costs. I was already paying $30/year, I'd likely be willing to pay more. I'm not adverse to paying for something of value.
by essbeer
Fri Mar 01, 2019 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Is the Chase Sapphire Preferred card any good?
Replies: 61
Views: 4786

Re: Is the Chase Sapphire Preferred card any good?

About the only thing I'd still charge on the CSP is parking garages, and even then I usually have better options. Bonus was nice but I will definitely downgrade when the time comes. I've got 4% (or better) options for dining, hotel, travel, entertainment, gas and groceries -- all no FTF. And once yo...