Search found 1509 matches

by BogleMelon
Sun Oct 28, 2018 8:52 pm
Forum: Personal Consumer Issues
Topic: How many miles (total) on car before buying another car ?
Replies: 114
Views: 7224

Re: How many miles (total) on car before buying another car ?

the most safety is yourself: don't drive and text, I agree. But what about the other motorist who is coming in the opposite direction and texting? You can't control him, but having a car that would protect you, had this careless driver swerved into your lane and head-on collision your car, is price...
by BogleMelon
Sun Oct 28, 2018 4:24 pm
Forum: Personal Consumer Issues
Topic: How many miles (total) on car before buying another car ?
Replies: 114
Views: 7224

Re: How many miles (total) on car before buying another car ?

the most safety is yourself: don't drive and text, I agree. But what about the other motorist who is coming in the opposite direction and texting? You can't control him, but having a car that would protect you, had this careless driver swerved into your lane and head-on collision your car, is price...
by BogleMelon
Sun Oct 28, 2018 10:56 am
Forum: Personal Consumer Issues
Topic: How many miles (total) on car before buying another car ?
Replies: 114
Views: 7224

Re: How many miles (total) on car before buying another car ?

At what miles (total) on the car do you guys buy a new one ? I have a car at 120k and wondering what is a reasonable time to throw it out and buy a new one. I replace mine when they are about ten years old or have about that many miles. I casually start watching for great deals when the cars is 8 o...
by BogleMelon
Sun Oct 28, 2018 10:49 am
Forum: Personal Consumer Issues
Topic: What Memberships/Subscriptions Are Most Valuable To You?
Replies: 68
Views: 4857

Re: What Memberships/Subscriptions Are Most Valuable To You?

danaht wrote:
Sun Oct 28, 2018 9:35 am
Being a member of this country (ie citizenship) is the most valuable thing to me right now. Being a member of my company (ie employed) is the 2nd most valuable membership that I have right now.
+1
An immigrant here. Couldn't be thankful enough, the moment I became a US citizen!
by BogleMelon
Sun Oct 28, 2018 10:14 am
Forum: Personal Consumer Issues
Topic: What Memberships/Subscriptions Are Most Valuable To You?
Replies: 68
Views: 4857

Re: What Memberships/Subscriptions Are Most Valuable To You?

onourway wrote:
Sat Oct 27, 2018 12:56 pm
You Need a Budget software.

Easily pays for itself many times over in how it simplifies our finances and ensures our spending is optimally aligned with our goals.
+10000000000
I favor YNAB 4 though than the new subscription one
by BogleMelon
Wed Oct 24, 2018 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolio is crashing...
Replies: 36
Views: 3959

Re: Schwab Intelligent Portfolio is crashing...

I just have a hard time seeing my account drop $21,000 In a period of 2 months. OP, during the same period, how much your home value dropped? Would you care? Did the drop in your house affected the "number of rooms"?! You own shares in companies (and you own a house), everyday for whatever reason, ...
by BogleMelon
Mon Oct 22, 2018 10:29 pm
Forum: Investing - Help with Personal Investments
Topic: Timing the market - Some say it’s possible?
Replies: 44
Views: 2799

Re: Timing the market - Some say it’s possible?

BigBevo: This is what experts say: These people are just as experts as active funds managers. They have a product and a philosophy to sell. They are by no means objective researchers in the filed. Believing Boggle is almost as wrong as believing those hedge fund guys. Selling a philosophy doesn't m...
by BogleMelon
Mon Oct 22, 2018 2:54 pm
Forum: Investing - Theory, News & General
Topic: Set it and forget it
Replies: 47
Views: 9316

Re: Set it and forget it

What are they showing for returns on the GIF? Prior Month: 0.09% Prior Quarter: 0.28% 1 YR: 1.03% 5 YR: 1.13% 10 YR {or since inception}: 1.69% You can put bonds in a IRA if you have one, or use taxable with tax-efficient bonds. That is exactly what I am doing. I am using IRA's and spouse state ret...
by BogleMelon
Mon Oct 22, 2018 1:41 pm
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 146
Views: 13237

Re: Help me understand dividends

Though many would say a buyback is a better choice for those who don't want to receive income from an equity/mutual fund in a taxable account. And buybacks seem to be favored these days, e.g. https://fm.cnbc.com/applications/cnbc.com/resources/editorialfiles/charts/2018/06/1528127140_0604_buybacks_...
by BogleMelon
Mon Oct 22, 2018 1:37 pm
Forum: Investing - Theory, News & General
Topic: Set it and forget it
Replies: 47
Views: 9316

Re: Set it and forget it

Target Date Fund. All I do is check my balance periodically, feed it, and watch it grow. Simplicity at its best. What would you do if you don't have a TD fund in your 401K and most of your funds are crappy except may be one SP500 index fund? How would you maintain your AA across all your accounts w...
by BogleMelon
Mon Oct 22, 2018 8:10 am
Forum: Investing - Theory, News & General
Topic: Set it and forget it
Replies: 47
Views: 9316

Re: Set it and forget it

Target Date Fund. All I do is check my balance periodically, feed it, and watch it grow. Simplicity at its best. What would you do if you don't have a TD fund in your 401K and most of your funds are crappy except may be one SP500 index fund? How would you maintain your AA across all your accounts w...
by BogleMelon
Mon Oct 22, 2018 8:06 am
Forum: Personal Consumer Issues
Topic: Pixel phone: can't make or receive calls but data works
Replies: 9
Views: 804

Re: Pixel phone: can't make or receive calls but data works

Here is how I would try to solve it in the same order:
1- Contact AT&T and make sure that it is not their problem
2- Reset the phone to the factory setting
3- Acknowledge the phone has a hardware issue and try to repair/change it depending on the cost of repairing, warranty..etc
by BogleMelon
Mon Oct 22, 2018 7:23 am
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 146
Views: 13237

Re: Help me understand dividends

Theoretically, Dividends mean the company you own has already made money and is profitable and that is why they are cashing out some of their value. It is like owning a company, and you are the sole owner, and you take some of your company's profits home. At the end of the day, you own the company a...
by BogleMelon
Sun Oct 21, 2018 9:40 pm
Forum: Personal Consumer Issues
Topic: Dentist "Service Fee" for Filing Insurance Claim?
Replies: 33
Views: 3271

Re: Dentist "Service Fee" for Filing Insurance Claim?

totalnoobie wrote:
Sun Oct 21, 2018 6:48 pm
Is this typical?

I never heard of it!
by BogleMelon
Sat Oct 20, 2018 10:19 pm
Forum: Investing - Help with Personal Investments
Topic: My Edward Jones IRA is out performing my Vanguard 401K
Replies: 76
Views: 10242

Re: My Edward Jones IRA is out performing my Vanguard 401K

OP, during a marathon, it doesn't matter who is in the lead for a few minutes, and that is after assuming that EJ outperformed and there isn't any "gottcha's". EJ strategy is active management with high fees over years. ~1.25% on top of funds ER is crazy high, that expense amount is based on your en...
by BogleMelon
Fri Oct 19, 2018 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Give 1 Week Notice: Can Employer Retaliate by Not Paying Vacation?
Replies: 53
Views: 5092

Re: Give 1 Week Notice: Can Employer Retaliate by Not Paying Vacation?

tjhar wrote:
Fri Oct 19, 2018 3:36 pm
and the best I can find is some policy for one month's notice (seriously?),
Did you sign for that?

Also it depends on your state laws.
by BogleMelon
Fri Oct 19, 2018 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Thank you from a widow
Replies: 24
Views: 4864

Re: Thank you from a widow

So sorry for your loss, Mintee. There are other difficult stories, as well. I am not sure if I am the only one here who is interested in learning financial difficult stories of others. The reason is I'm far away from retirement age, and I find it very educational and very refreshing to read real lif...
by BogleMelon
Fri Oct 19, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: Selling to CarMax if maintenance light is on?
Replies: 33
Views: 3038

Re: Selling to CarMax if maintenance lights on?

Read the manufacturer manual book to know exactly what should be changed at that mileage and change it at any local mechanic. I have a Hyundai Sonata 2009 with similar value, with a check engine on, and will need some brake job, yet I am fixing it. I am not ready for buying another car now, YMMV of ...
by BogleMelon
Fri Oct 19, 2018 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Is my IRA underperforming?
Replies: 15
Views: 1674

Re: Is my IRA underperforming?

I started a Roth IRA with Merrill Lynch back in March. I opened it with a max contribution of 11k (5.5k each for 2017 and 2018) right off the bat. As of today, it's currently at $10,730. I realize it's only been 8 months and the market has been a little rocky lately, but should I be ok with that? W...
by BogleMelon
Thu Oct 18, 2018 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Three Fund Questions
Replies: 4
Views: 579

Re: Three Fund Questions

Question #1) Should we consider anything else beyond stock and bond investments when setting up our three funds? For example, should we account for home equity as part of the bond allocation? If you can partially sell/buy your house whenever you need to, to rebalance, then yes! Otherwise no (so the...
by BogleMelon
Thu Oct 18, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Spoke with a CFP...underwhelming!
Replies: 51
Views: 5353

Re: Spoke with a CFP...underwhelming!

staythecourse wrote:
Thu Oct 18, 2018 8:33 am
I've never understood why folk's care WHERE a piece of advice is coming from.
Because Ad hominem is very tempting https://en.wikipedia.org/wiki/Ad_hominem
by BogleMelon
Thu Oct 18, 2018 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Spoke with a CFP...underwhelming!
Replies: 51
Views: 5353

Re: Spoke with a CFP...underwhelming!

DanMahowny wrote:
Thu Oct 18, 2018 8:29 am


2) I made the mistake of "hiring" a friend (insurance agent). Never again. Too hard to fire them.
+1
I learned the hard way also to never mix friends/relatives with business/money
by BogleMelon
Wed Oct 17, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: Too Much Apple [AAPL] Stock
Replies: 63
Views: 7369

Re: Too Much APPL Stock

Would you buy the same amount of AAPL stocks today if you didn't have it?
by BogleMelon
Wed Oct 17, 2018 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: advice on first home
Replies: 28
Views: 1776

Re: advice on first home

OP in case that makes you feel better here is my situation: 39 years old here, married. I pay in rent $1300/mo. We (me and DW) bring home after maxing out my own 401K + another $10K in my wife's 401K: $4300 Our 2 bedroom apartment is tiny that we weren't able to buy 2 bikes for lack of storage area!...
by BogleMelon
Mon Oct 15, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: "Turn Off The Financial News"
Replies: 13
Views: 1939

Re: "Turn Off The Financial News"

I watch it for fun and will never stop. Financial news have the same impact on me the same way GTA game series impacting me to become a criminal! Hint: I am playing GTA since GTA 2 was released in 1999 and still so peaceful and never broke a law!
by BogleMelon
Mon Oct 15, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: Boglehead's Car Talk
Replies: 35
Views: 3471

Re: Boglehead's Car Talk

RootSki wrote:
Sun Oct 14, 2018 9:24 pm
Life is too short to drive boring cars.
It becomes way shorter when wasting 8 hours a day Mon-Fri working. I'd rather prefer building wealth and be free of the rat race than driving a fast car and get tickets! (roads are capped at 65 mph here, so fast car don't make sense in my state)
by BogleMelon
Thu Oct 11, 2018 9:18 pm
Forum: Personal Consumer Issues
Topic: What backup service to use?
Replies: 74
Views: 8412

Re: What backup service to use?

I'm testing Backblaze with Mac OS X. I've only been using it for four weeks and don't have a definitive opinion yet. I'm quite unhappy about what Code42 (Crashplan) did, and it's too long a story but the reason why I'm not just using up my remaining year with them is that I just upgraded to a new M...
by BogleMelon
Mon Oct 08, 2018 9:08 am
Forum: Personal Consumer Issues
Topic: What purchase saved you the most money?
Replies: 136
Views: 13072

Re: What purchase saved you the most money?

a $150 paid to the US embassy 7 years ago, saved me my life (by being able to legally immigrate to US and have a way better life) :happy
by BogleMelon
Mon Oct 08, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Would you buy this insurance policy?
Replies: 9
Views: 474

Re: Would you buy this insurance policy?

It depends on your answer to this question: If you had a $3500 car, would you insure it (collision and comprehensive) given a premium of $1000/yr and $0 deductible? Name of the insurance doesn't really matter. You are insuring a potential $3500 loss by paying $1000/yr upfront. Unless you expect to h...
by BogleMelon
Sat Oct 06, 2018 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Level of Auto Insurance to carry
Replies: 35
Views: 1903

Re: Level of Auto Insurance to carry

Not my experience over lat 40 years. Saved a lot with high deductible collision and comprehensive. Insurance is very local, but in my area, increasing / decreasing comp/collision deductibles really didn't have a meaningful impact on annual premiums. I live in Lake Wobegon, where all the drivers are...
by BogleMelon
Fri Oct 05, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3096
Views: 601700

Re: What's Your Credit Card Rewards Strategy?

Need help from the Chase UR experts. Currently have about 200k UR points. My Sapphire Preferred Card $95 annual fee is due in January. Not eligible for new UR bonus because I downgraded from Sapphire Reserve which I received 100k when it first released in Fall of 2016. Not interested in any of the ...
by BogleMelon
Fri Oct 05, 2018 8:34 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3096
Views: 601700

Re: What's Your Credit Card Rewards Strategy?

I'm sure I could get more bang for my buck with Chase Sapphire but still can't wrap my head around the annual fee. Both husband and I use a Citicard for 99% of purchases. On a long enough timeline it generates enough points to serve its purpose. ... We took your approach for years for simplicity an...
by BogleMelon
Wed Oct 03, 2018 3:21 pm
Forum: Personal Consumer Issues
Topic: Tipping
Replies: 55
Views: 4063

Re: Tipping

Business owners decide the price they should get to cover their expenses and make profit. If she is not profitable at the price she set herself, she wouldn't do the job. Hence, I agree, I don't tip business owners.
by BogleMelon
Tue Oct 02, 2018 10:43 pm
Forum: Investing - Theory, News & General
Topic: Is an emergency fund just about market timing?
Replies: 103
Views: 5796

Re: Is an emergency fund just about market timing?

Market timing is moving money in and out of the market based on your guess as to whether the market is heading up or down. Having an emergency fund is knowing that occasionally the market goes down - way down for periods of years - and also knowing that you need to eat while it does. Please explain...
by BogleMelon
Tue Oct 02, 2018 12:21 pm
Forum: Personal Consumer Issues
Topic: Best Forums Guide!
Replies: 7
Views: 1068

Best Forums Guide!

Not sure if that was posted before or not, but I am trying to have a list of all kinds of forums one could need.. So far, I am only sure of 2 forums. Please help me having a complete list and to update this post to serve like a "Where should I go if needed help in..." full guide. For finance, hands ...
by BogleMelon
Mon Oct 01, 2018 8:29 pm
Forum: Personal Consumer Issues
Topic: Found credit cards - annoying interaction with Bank of America
Replies: 31
Views: 3591

Re: Found credit cards - annoying interaction with Bank of America

Maybe take the cards to the police or call them to report what you found? +1 The bank business is not the customer's wallet, that is the police business (or may be not until the guy report a theft?). The bank own the cards and has the right to just cancel it, or call the owner whatever they see fit.
by BogleMelon
Mon Oct 01, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Salary negotiation: saying a number first on purpose?
Replies: 43
Views: 4056

Re: Salary negotiation: saying a number first on purpose?

I was making way below the market for my career (58K), when I moved to another job. I said I was making 58K, they offered 80K, I negotiated to 85K
by BogleMelon
Sat Sep 29, 2018 7:35 am
Forum: Personal Finance (Not Investing)
Topic: How much term life insurance? $$ and duration
Replies: 18
Views: 1651

Re: How much term life insurance? $$ and duration

GuyInFL wrote:
Fri Sep 28, 2018 8:18 pm
immediateannuties.com
I think you misspelled it, it is immediateannuities.com
Not trying to act as a the "spelling cop", but with URL's one letter matters :happy
by BogleMelon
Thu Sep 27, 2018 2:16 pm
Forum: Personal Consumer Issues
Topic: Am I the only one...[using multiple accounts]
Replies: 27
Views: 1443

Re: Am I the only one...

I try to consolidate too unless I am hunting a bank account reward. I use YNAB to virtually separate the funds for various goals
by BogleMelon
Thu Sep 27, 2018 10:59 am
Forum: Personal Consumer Issues
Topic: cell phone plans--google fi?
Replies: 22
Views: 2004

Re: cell phone plans--google fi?

I tried Fi on Moto X pure and Moto G Plus couple of days ago, never succeeded to activate it. I won't buy another cellphone to just switch carriers, at least not now. I have prepaid Verizon with 3G and pay $70/2 lines. I am satisfied with that for now.
by BogleMelon
Thu Sep 27, 2018 10:42 am
Forum: Personal Consumer Issues
Topic: Reminder on Keeping an Emergency Fund
Replies: 27
Views: 2938

Re: Reminder on Keeping an Emergency Fund

blinx77 wrote:
Thu Sep 27, 2018 7:17 am
(and sadly later death)
Sorry to hear that. Hopefully, science can find you a solution soon..
by BogleMelon
Thu Sep 27, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3096
Views: 601700

Re: What's Your Credit Card Rewards Strategy?

2. Pay a service $50-$200 to find and book award flights for you. You can of course do this yourself but this can be the time consuming part. Also it takes knowledge of all airlines programs to get the best use of your points / miles. Can you please recommend a business who does that? I never heard...
by BogleMelon
Thu Sep 27, 2018 9:05 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3096
Views: 601700

Re: What's Your Credit Card Rewards Strategy?

Unfortunately we had nothing but negative experiences with Citi Double Cash - went from VA to SC/Myrtle Beach i.e. just 2 states, went to Aldie - transaction $50 denied and card immediately cancelled on the spot. Replacement card received after call in 3 weeks. In addition login to account was disa...
by BogleMelon
Thu Sep 27, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3096
Views: 601700

Re: What's Your Credit Card Rewards Strategy?

2. Pay a service $50-$200 to find and book award flights for you. You can of course do this yourself but this can be the time consuming part. Also it takes knowledge of all airlines programs to get the best use of your points / miles. Can you please recommend a business who does that? I never heard...
by BogleMelon
Thu Sep 27, 2018 8:57 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3096
Views: 601700

Re: What's Your Credit Card Rewards Strategy?

It was an easy out to claim I wasn't paying for it either. Actually you still pay for for it. You fall in the trap of mental accounting here. It doesn't matter how did you get the money/points. Once you get the money (whether free or not), it is yours. Spending it regardless of the source, still qu...
by BogleMelon
Wed Sep 26, 2018 8:25 am
Forum: Personal Finance (Not Investing)
Topic: First-time victim of credit card fraud
Replies: 48
Views: 3968

Re: First-time victim of credit card fraud

The card number used was DW's spousal card (with a different number) on my account. I didn't know that this is possible. I always thought that it has either to be: 1- different independent account with different number 2- authorized user sharing the same account, but sharing the same number as well...
by BogleMelon
Mon Sep 24, 2018 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice
Replies: 77
Views: 10811

Re: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice

Ilikesparklers wrote:
Mon Sep 24, 2018 3:48 pm
I asked if there was any way they'd fund it well before the 90 days, and they said no.
Ouch! Next time I would stick to churning CC bonuses. Way easier
by BogleMelon
Mon Sep 24, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay for upcoming medical / IVF expenses
Replies: 73
Views: 4826

Re: How to pay for upcoming medical / IVF expenses

I appreciate this thread. We are in the same boat except that we have the cash in the form of EF. We also can stop retirement contribution and pay for it in 6-12 months. I however chose to seek another employer with overall better insurance plan, and specifically covering some fertility. Here are so...