Search found 1171 matches

by Whakamole
Fri Aug 07, 2020 3:58 pm
Forum: Investing - Theory, News & General
Topic: Vanguard "sunsetting" CFP consultations
Replies: 137
Views: 11680

Re: Vanguard "sunsetting" CFP consultations

I guess I'm firmly in the don't care camp. Always considered free advice just that, and I'd rather do my own research and not be stuck with someone who has to espouse the company line formulated with the aid of attorney's for tens of thousands and trillions of dollars. This is a valid point of view...
by Whakamole
Fri Aug 07, 2020 3:39 pm
Forum: Personal Consumer Issues
Topic: Any Chase Sapphire Reserve cardholders planning on cancelling?
Replies: 80
Views: 7863

Re: Any Chase Sapphire Reserve cardholders planning on cancelling?

I will likely cancel once I've cashed out my points using PYB; I was also one of the original holders. With travel being extremely limited, the $300 travel credit isn't useful.
by Whakamole
Mon Jul 06, 2020 11:08 am
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 498
Views: 47802

Re: JPM Chase Reserve Card gets more expensive

Looks like the CSR is adding some temporary categories: https://www.doctorofcredit.com/chase-adds-temporary-categories-to-sapphire-reserve-preferred-cards-gas-streaming-instacart/ I'll be using the 50% off Instacart offer and 10% cash back on streaming services (e.g. Netflix, Hulu). Might as well a...
by Whakamole
Mon Jul 06, 2020 10:40 am
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 498
Views: 47802

Re: JPM Chase Reserve Card gets more expensive

Looks like the CSR is adding some temporary categories: https://www.doctorofcredit.com/chase-adds-temporary-categories-to-sapphire-reserve-preferred-cards-gas-streaming-instacart/ I'll be using the 50% off Instacart offer and 10% cash back on streaming services (e.g. Netflix, Hulu). Might as well a...
by Whakamole
Sun Jul 05, 2020 3:29 pm
Forum: Personal Consumer Issues
Topic: Spiked Seltzers?
Replies: 46
Views: 3404

Re: Spiked Seltzers?

Nobody drinks seltzers here in my family, also nothing like Pepsi and Coca Cola. Why shall the body consume artificial chemicals? I, wife, son and grandson drink bottled water and milk. Wife and I also drink coffee, I also a daily beer, like a Sam Adams Boston Lager. So that would be a "no" - why a...
by Whakamole
Sun Jul 05, 2020 10:30 am
Forum: Investing - Theory, News & General
Topic: 2 and 3 fund funders - sticking soley with Total Bond?
Replies: 49
Views: 4714

Re: 2 and 3 fund funders - sticking soley with Total Bond?

Allow me one more pass at this... Intermediate-term Treasury funds hold up better than Total Bond funds when the stock market tanks. You can see this by looking at what happened to each beginning in March. Further, a 60/40 portfolio using Intermediate-term Treasuries rather than Total Bond has had ...
by Whakamole
Sun Jul 05, 2020 10:12 am
Forum: Investing - Theory, News & General
Topic: Personal Capital Acquired
Replies: 37
Views: 4453

Re: Personal Capital Acquired

petulant wrote: Sat Jul 04, 2020 4:46 pm Unfortunately the entire blog-as-business ecosystem is rife with these kinds of conflicts of interest.
It's good to assume that any product being pushed is paid placement. How much that corrupts the other advice given isn't as clear, but I assume that is the case.
by Whakamole
Thu Jul 02, 2020 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: IRS broadens rollover options for 2020 RMD distributions
Replies: 47
Views: 3151

Re: IRS broadens rollover options for 2020 RMD distributions

*Update* I successfully rolled back the RMD portion of the distribution back into the Inherited IRA at Merrill Edge. Took a couple of phone calls and UPSing a check, but it has been deposited as a Rollover. Many thanks for the news! I am going to increase my Roth Conversions for the year by Rollove...
by Whakamole
Wed Jul 01, 2020 8:45 am
Forum: Personal Finance (Not Investing)
Topic: IRS broadens rollover options for 2020 RMD distributions
Replies: 47
Views: 3151

Re: IRS broadens rollover options for 2020 RMD distributions

For those who have managed to get this done - what language are you using with customer service to get them to reverse the RMD?
by Whakamole
Sat Jun 13, 2020 10:27 am
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 498
Views: 47802

Re: JPM Chase Reserve Card gets more expensive

The "pay yourself back" using grocery store purchases appears to be one of the better deals to use these points right now.

How long is this offer going to last? I may need to buy some Amazon gift cards.
by Whakamole
Wed May 20, 2020 1:06 pm
Forum: Personal Consumer Issues
Topic: Safely disinfecting frozen food packages from corona virus?
Replies: 51
Views: 3905

Re: Safely disinfecting frozen food packages from corona virus?

I just put them in the freezer.

I'm not aware of any cases where someone has caught the virus from handling frozen food packaging.
by Whakamole
Tue May 19, 2020 12:19 pm
Forum: Personal Consumer Issues
Topic: Sources for N95 masks
Replies: 44
Views: 3691

Re: Sources for N95 masks

Have you tried asking your social media network? I bet somebody you know has a stash of N95s and would spare you one. The problem is those who have N95 masks know that they cannot be easily replaced right now, selling them at cost is crazy, and selling them at what they'd go for on the market (exam...
by Whakamole
Sat May 16, 2020 10:53 am
Forum: Personal Consumer Issues
Topic: What to do with canned chicken?
Replies: 45
Views: 3469

Re: What to do with canned chicken?

I placed a grocery order last night and my grocery store is now limiting the amount of meat that you can buy. This isn’t over yet. Keep the canned chicken. Agreed. There are lots of things to do with canned chicken, and you may regret not having a handy shelf-stable protein source later this year.
by Whakamole
Fri May 15, 2020 10:09 am
Forum: Investing - Theory, News & General
Topic: Ally lowers APR on savings from 1.5% to 1.25%
Replies: 79
Views: 9769

Re: Ally lowers APR on savings from 1.5% to 1.25%

Alliant is at 1.2%.

Out of curiosity, I checked the CD options through Vanguard. 1 year CDs paying 0.25% and that's the best rate :shock:
by Whakamole
Tue May 12, 2020 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Undoing your already-taken RMD for 2020
Replies: 120
Views: 8487

Re: Undoing your already-taken RMD for 2020

I took my RMD from an inherited IRA in January; it sounds like I am SOL?
by Whakamole
Mon May 11, 2020 10:07 am
Forum: Personal Finance (Not Investing)
Topic: post covid 19 office work - was coronavirus a game changer for telecommunting?
Replies: 48
Views: 3898

Re: post covid 19 office work - was coronavirus a game changer for telecommunting?

I have been working from home second month now, and i am enjoying all the benefits of working from home. From what i understood so far, our company will keep us working from home for a long time (rest of the year), with a real possibility to make it permanent (our performance not only stayed the sa...
by Whakamole
Mon May 04, 2020 12:09 pm
Forum: Investing - Theory, News & General
Topic: Is Disney the most tempting value stock?
Replies: 223
Views: 13899

Re: Is Disney the most tempting value stock?

I don't think so. Disney will be hit hard by covid-19 and the markets know it. They are losing a ton of money right now. When they do open the parks when will they return to normal? It is pretty impossible to socially distance there. The digital side of the business will be fine but I'd be concerne...
by Whakamole
Sun May 03, 2020 9:59 am
Forum: Personal Consumer Issues
Topic: Neighbor’s contractor wants to access our property
Replies: 158
Views: 17225

Re: Neighbor’s contractor wants to access our property

I would reply saying that you do not feel comfortable having contractors in your yard with the ongoing coronavirus pandemic.
by Whakamole
Sat May 02, 2020 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 498
Views: 47802

Re: JPM Chase Reserve Card gets more expensive

I would be very careful when you downgrade not to lose the UR points associated with the Reserve. You don't lose UR points when downgrading. I don't know what Chase's policy is on refund of annual fee on the Reserve. I suspect it is pro rata--but don't know. Yes, after 30 or 40 days (I forget which...
by Whakamole
Sat May 02, 2020 11:36 am
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 498
Views: 47802

Re: JPM Chase Reserve Card gets more expensive

My renewal is not until September, but is there any reason not to switch the card to Freedom Unlimited now? I have a decent amount of points (150K+), is it even worth keeping these points around or better just to cash them out? I would be very careful when you downgrade not to lose the UR points as...
by Whakamole
Sat May 02, 2020 10:41 am
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 498
Views: 47802

Re: JPM Chase Reserve Card gets more expensive

My renewal is not until September, but is there any reason not to switch the card to Freedom Unlimited now?

I have a decent amount of points (150K+), is it even worth keeping these points around or better just to cash them out?
by Whakamole
Thu Apr 30, 2020 11:46 am
Forum: Personal Consumer Issues
Topic: SHould I have my kid pursue coursera / edx courses?
Replies: 19
Views: 1287

Re: SHould I have my kid pursue coursera / edx courses?

I did not find Coursera courses very useful. The ones I took were focused on machine learning.
by Whakamole
Thu Apr 30, 2020 10:53 am
Forum: Personal Consumer Issues
Topic: Can High School Students Working Part-Time Get Unemployment?
Replies: 13
Views: 1945

Re: Can High School Students Working Part-Time Get Unemployment?

She should just find another job. Don't get her in the habit of relying on the government. Our area has lots of jobs for teenagers right now, grocery stores, etc. Sounds like it was part of the school program. Make sure she walks to work, too. We wouldn't want her to become dependent on those gover...
by Whakamole
Tue Apr 21, 2020 12:00 pm
Forum: Investing - Theory, News & General
Topic: NYTimes: Plunge in Convention Hotel Travel Puts Municipal Bonds at Risk
Replies: 16
Views: 1463

NYTimes: Plunge in Convention Hotel Travel Puts Municipal Bonds at Risk

https://www.nytimes.com/2020/04/14/business/convention-hotels-municipal-bonds-coronavirus.html I'm not currently invested in municipal bonds, but it may be worth checking your muni allocation to see if you are actually invested in revenues from hotels, stadiums, and other services impacted by the co...
by Whakamole
Mon Apr 20, 2020 10:54 am
Forum: Personal Consumer Issues
Topic: Eating out after lock-down is lifted
Replies: 112
Views: 10485

Re: Eating out after lock-down is lifted

State of New Jersey requires face masks. I also believe New York now does as well. Governor Cuomo has publicly stated there are no penalties for not wearing a mask... In New York, the penalties for ignoring the order are, for now, still theoretical. “If people don’t follow it, we could do a civil p...
by Whakamole
Mon Apr 20, 2020 10:07 am
Forum: Personal Consumer Issues
Topic: Eating out after lock-down is lifted
Replies: 112
Views: 10485

Re: Eating out after lock-down is lifted

Interesting. It seems that essential businesses in Philadelphia are now required to deny entry to people not wearing masks, but people are not otherwise required to wear masks. https://6abc.com/health/pennsylvanians-required-to-wear-masks-to-enter-essential-businesses/6115227/ But what about custom...
by Whakamole
Mon Apr 20, 2020 10:04 am
Forum: Investing - Theory, News & General
Topic: 60% now say: September or later
Replies: 13
Views: 2251

Re: 60% now say: September or later

I truthfully don't know how anyone could answer June or July to that. There's just no fathomable way life will be normal by then. Who's going to go to a movie, concert, or busy restaurant in July? Is there ANY chance baseball games are happening with fans in seats? None of that has to do with legal...
by Whakamole
Mon Apr 20, 2020 9:58 am
Forum: Personal Consumer Issues
Topic: Eating out after lock-down is lifted
Replies: 112
Views: 10485

Re: Eating out after lock-down is lifted

mptfan wrote: Mon Apr 20, 2020 9:55 am
michaeljc70 wrote: Sun Apr 19, 2020 2:40 pm I don't know of any major chain requiring shoppers to wear face masks though I know some cities have required that.
What cities require face masks?
Philadelphia.
by Whakamole
Sun Apr 19, 2020 8:07 pm
Forum: Personal Consumer Issues
Topic: Should I give blood now?
Replies: 23
Views: 1496

Re: Should I give blood now?

pahkcah wrote: Sun Apr 19, 2020 5:45 pm And, a quick question - For those who have recently donated, has anything changed regarding the availability of cookies/crackers and juices after donating?
I don't think so, but I'm not sure if coffee was available. Juices/water and sealed snacks were still available.
by Whakamole
Sun Apr 19, 2020 11:37 am
Forum: Personal Consumer Issues
Topic: Should I give blood now?
Replies: 23
Views: 1496

Re: Should I give blood now?

I donated blood two weeks ago. I live in the Seattle area which uses an independent blood bank, rather than the American Red Cross. They've shut down all mobile and off-site drives - you have to go to the blood bank, and you must make an appointment. They're enforcing social distancing, they wear ma...
by Whakamole
Sun Apr 19, 2020 10:55 am
Forum: Investing - Theory, News & General
Topic: Neiman Marcus to file for bankruptcy
Replies: 67
Views: 6952

Re: Neiman Marcus to file for bankruptcy

CardinalRule wrote: Sun Apr 19, 2020 10:40 am Yep, most of the articles that appear will refer to Neiman Marcus as a chain of "luxury" department stores. Because that is what it is. :happy I do suspect that many of the brands carried by Neiman Marcus will fare relatively well during this downturn.
Who is buying dress clothes now?
by Whakamole
Sun Apr 19, 2020 1:19 am
Forum: Investing - Theory, News & General
Topic: Cons of i bonds?
Replies: 70
Views: 6478

Re: Cons of i bonds?

Cons? The hassle, if you so choose, of converting the $5K paper bonds from your tax refund to electronic form. I had to laugh to think anyone would voluntarily convert from great paper bonds to electronic. (I currently hold $381k in paper bonds after my $5k fed refund in paper came last week) Could...
by Whakamole
Sat Apr 18, 2020 12:14 pm
Forum: Personal Consumer Issues
Topic: Eating out after lock-down is lifted
Replies: 112
Views: 10485

Re: Eating out after lock-down is lifted

I’m already back to eating out every day. It’s not the same with social distancing, even out here in the sticks, but it’s still the only human interaction I get every day. Despite being an introvert, seeing other humans is necessary for mental health. So I will “risk” it. This is why I am eagerly a...
by Whakamole
Sat Apr 18, 2020 9:36 am
Forum: Investing - Theory, News & General
Topic: Press Release 4/16/20– Vanguard Closes Treasury Money Market Fund to New Investors
Replies: 52
Views: 5053

Re: Vanguard's Treasury Money Market funds are closed...

I'm moving my cash from Vanguard money market funds (Federal, not even Treasury) to high yield savings. There's no reason to take that much of a haircut on return with no gain.
by Whakamole
Tue Apr 14, 2020 9:13 pm
Forum: Investing - Theory, News & General
Topic: Airbnb getting hit?
Replies: 54
Views: 6006

Re: Airbnb getting hit?

I don't live in an AirBNB town, but we are about 45 minutes outside NYC. Houses are flying off the market here, either being purchased sight unseen or rented. We assume it is people fleeing NYC either as temporary rentals or permanent movers who finally made the decision to leave the city. I'm curi...
by Whakamole
Sun Apr 05, 2020 1:24 am
Forum: Investing - Theory, News & General
Topic: Amazon Automation - Passive Income "Investment"
Replies: 6
Views: 2285

Re: Amazon Automation - Passive Income "Investment"

Why doesn't he take out the loan, or raise capital, if the returns are so good? Why advertise on YouTube?

Scam.
by Whakamole
Mon Mar 30, 2020 1:43 pm
Forum: Personal Consumer Issues
Topic: Costco Delivery
Replies: 41
Views: 5797

Re: Costco Delivery

The lack of delivery time slots is directly related to instacart shoppers strike starting Monday since Costco teams up with instacart for grocery delivery. Have you tried Whole Foods? I just got a monthly Prime membership so I can get groceries delivered from WF for free. They are slammed as well, ...
by Whakamole
Sun Mar 29, 2020 3:33 pm
Forum: Personal Consumer Issues
Topic: What Happens To Your Battery When Your Car Is Parked For Weeks?
Replies: 90
Views: 4990

Re: What Happens To Your Battery When Your Car Is Parked For Weeks?

I've been going for almost daily solo drives just to get out of the house. Letting it sit for weeks on end seems like a waste. Not allowed in WA state unless you are doing it for an approved reason (grocery shopping, pharmacy, perhaps outside recreation if you can find a place that is open and isn'...
by Whakamole
Fri Mar 13, 2020 8:30 am
Forum: Investing - Theory, News & General
Topic: International is in meltdown
Replies: 308
Views: 22705

Re: International is in meltdown

I took tax losses yesterday in VTIAX shares I had been holding since 2016.

I harvested it and went into other international funds. And shifted money from bonds into international.
by Whakamole
Fri Mar 13, 2020 8:26 am
Forum: Investing - Theory, News & General
Topic: Market Timing - Should we have seen this coming?
Replies: 67
Views: 3977

Re: Market Timing - Should we have seen this coming?

However, I am seeing some people of this forum who claim to have sold their stocks off 3 weeks ago. They timed the market and won. They also said this was easy to see coming, as China shut things down, Europe, etc. Don't believe everything you read. People lie. Not everyone who claims to have sold ...
by Whakamole
Thu Mar 12, 2020 12:51 pm
Forum: Personal Investments
Topic: TLH partners for VTIAX/VFWAX
Replies: 2
Views: 203

Re: TLH partners for VTIAX/VFWAX

I have losses in both now, yippie. Enough to cut my tax bill for a few years. I was originally thinking of moving to 80% VTMGX (Developed Market)/20% VEMAX (Emerging Market), but it sounds like I can place a sell order for my mutual fund shares and place an IXUS order for the end of day, and it wil...
by Whakamole
Thu Mar 12, 2020 12:10 pm
Forum: Personal Investments
Topic: TLH partners for VTIAX/VFWAX
Replies: 2
Views: 203

TLH partners for VTIAX/VFWAX

I have losses in both now, yippie. Enough to cut my tax bill for a few years. I was originally thinking of moving to 80% VTMGX (Developed Market)/20% VEMAX (Emerging Market), but it sounds like I can place a sell order for my mutual fund shares and place an IXUS order for the end of day, and it will...
by Whakamole
Tue Jan 28, 2020 1:48 am
Forum: Investing - Theory, News & General
Topic: Peter Thiel: "But the mood is not like late '99"
Replies: 17
Views: 3357

Re: Peter Thiel: "But the mood is not like late '99"

"And then Secular Stagnation--in the Larry Summers form, just to be specific about what we're talking about--means again that you should be long the stock market, the stock market's going to keep going up because things are so stagnant the real rates will stay low forever. So they are equally bulli...
by Whakamole
Fri Dec 27, 2019 8:23 am
Forum: Investing - Theory, News & General
Topic: Question about SECURE and no more stretch IRAs
Replies: 50
Views: 3885

Re: Question about SECURE and no more stretch IRAs

elainet7 wrote: Fri Dec 27, 2019 8:01 am [OT comment removed by admin LadyGeek]

no matter how much we convert our kids will each receive a 7 figure inherited IRA(should have had more kids)
You can add me to your estate, a 7 figure inherited IRA is a problem I would like to have :beer