Search found 769 matches

by SRenaeP
Thu May 11, 2017 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Progress Made - What Now? (Pay off cheap mtg or invest)
Replies: 31
Views: 4439

Re: Progress Made - What Now? (Pay off cheap mtg or invest)

I didn't bother to re-read the whole thread, only the updates. That said, even though it's a low interest rate, I would pay off the car loan just to be done with it. I would also look into refi'ing the 5.125% rental mortgage. Debt above ~4% just irks me. I would probably split the excess monthly cas...
by SRenaeP
Wed May 10, 2017 4:14 pm
Forum: Personal Consumer Issues
Topic: Travel tips for first time visitors to England and France?
Replies: 55
Views: 6607

Re: Travel tips for first time visitors to England and France?

If you plan to plug in any personal electrical devices be sure you have the requisite adapters . Even electronics that can take 120 or 240 volts needs a plug that fits the sockets. They are far from universal and I've seen baffled USians. Don't be one of them. :wink: On that note, advise your wife ...
by SRenaeP
Tue May 09, 2017 11:20 am
Forum: Personal Consumer Issues
Topic: What newspaper or magazine do you pay for?
Replies: 107
Views: 8553

Re: What newspaper or magazine do you pay for?

I no longer subscribe to any periodicals. I've found that my local library offers a decent selection online for 'free' (meaning no out of pocket of cost, but obviously the library is funded through tax dollars). I don't necessarily read each issue but they have Newsweek, O Magazine, Kiplingers, Smit...
by SRenaeP
Wed Apr 26, 2017 3:05 pm
Forum: Personal Consumer Issues
Topic: Porsche Lease
Replies: 56
Views: 5841

Re: Porsche Lease

Is there a luxury car subscription service in your area? It might be cheaper than a lease as well as give you the chance to 'try before you buy.'

This is one in my area - http://www.driveclutch.com/pricing

-Steph
by SRenaeP
Thu Apr 20, 2017 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3054
Views: 597910

Re: What's Your Credit Card Rewards Strategy?

Ohhhhhhh, exciting news, rumor of a new card from US Bank: http://www.doctorofcredit.com/confirmed-details-regarding-u-s-banks-altitude-premium-visa-infinite-credit-card-eligibility-requirements/ Cliff notes: From US Bank, annual fee $400 $325 annual travel credits, so really a $75 card if you use ...
by SRenaeP
Thu Apr 20, 2017 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: When does it make sense to start paying down (or off) a low rate mortgage?
Replies: 53
Views: 6754

Re: When does it make sense to start paying down (or off) a low rate mortgage?

For me, the answer is -

after maxing out all tax-advantaged space,
no other debt,
only pay enough extra to hit a target date vs put all extra money to the mortgage.

I would set the target as 15 yrs after home purchase or 5 yrs before planned retirement date, whichever is sooner.

-Steph
by SRenaeP
Thu Apr 20, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: US Bank Travel Card 50k Points ($1k value)
Replies: 6
Views: 1076

Re: US Bank Travel Card 50k Points ($1k value)

Per an article on Doctor of Credit, you can only apply in branch (none near me in the southeast) and you have to be an existing US Bank customer. I guess they're trying to limit the huge interest (and huge initial loss) that Chase had with the Sapphire Reserve.

-Steph
by SRenaeP
Wed Apr 19, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Starting "web site business". Need an LLC?
Replies: 20
Views: 2360

Re: Starting "web site business". Need an LLC?

Are you going to have employees? If not, an LLC may be unnecessary. Read more here: https://www.bogleheads.org/forum/viewtopic.php?t=175668#p2655350 I consulted with a lawyer in my state and had him create the LLC for me. the cost was about $800. Once you start a corporate structure, you have to ac...
by SRenaeP
Wed Apr 12, 2017 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Tax preparer charging for past tax PDF's copies
Replies: 49
Views: 4847

Re: Tax preparer charging for past tax PDF's copies

I believe I saw the question asked but not answered - did your tax preparer provide you with any copy (hard copy or electronic) of the returns that were filed? If not, they are running afoul of IRS regulations. If that is the case, you may want to make a stink.

-Steph
by SRenaeP
Tue Apr 11, 2017 7:55 pm
Forum: Personal Consumer Issues
Topic: HSBC Bank- Easy (???) $350 bonus
Replies: 51
Views: 11912

Re: HSBC Bank- Easy (???) $350 bonus

Jags4186 wrote:To anyone who happened to open this account...I'm STILL waiting for my bonus *sigh*
You may need to e-mail them. I *think* this was the account I had to e-mail to get the bonus. I received it about four months in. Now, I'm just waiting for six months to hit so I can close it.

-Steph
by SRenaeP
Sun Apr 09, 2017 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Has anyone had problems gifting Vanguard shares to an organization?
Replies: 38
Views: 4195

Re: Has anyone had problems gifting Vanguard shares to an organization?

Thanks to all for the helpful responses. After calling Vanguard once more and being thoroughly confused, I called Fidelity Giving. The rep easily and quickly explained what I needed to do and what would happen on their end. Accordingly, I went online and created a Fidelity account last night. I prin...
by SRenaeP
Thu Mar 16, 2017 6:08 pm
Forum: Personal Consumer Issues
Topic: FX Cash Aboard: What to do with extra?
Replies: 9
Views: 1228

Re: FX Cash Aboard: What to do with extra?

oxothuk wrote:I usually apply leftover cash toward settlement of my last nights hotel bill.
+1

For the issue of multiple currencies, perhaps try a prepaid card. I have not used this one but have heard good things about it.

https://www.travelex.com/cash-passport

-Steph
by SRenaeP
Tue Mar 14, 2017 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Hit 2M Net worth - Wanted to pass my gratitude to all wonderful people in this forum
Replies: 37
Views: 10708

Re: Hit 2M Net worth - Wanted to pass my gratitude to all wonderful people in this forum

Congrats! Isn't it cool to have a place like BH where we can celebrate each other's achievements. I don't have anyone beyond my DW with whom I could share news like that. Thank you, my case is worst :). I am single, so you guys are only one I have. being a modest person I dont whant to share this w...
by SRenaeP
Mon Mar 13, 2017 6:08 pm
Forum: Local Chapters and Bogleheads Community
Topic: Metro Atlanta Bogleheads Local Chapter
Replies: 66
Views: 15331

Re: Metro Atlanta Bogleheads Local Chapter

The next gathering will be held Saturday, April 8. Location and time are TBD. We are going with a slightly different approach and this will be a social rather than a typical meeting. Of course, we will talk finances but that's not the primary objective. I'm thinking a potluck brunch unless the major...
by SRenaeP
Sun Mar 05, 2017 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Has anyone had problems gifting Vanguard shares to an organization?
Replies: 38
Views: 4195

Re: Has anyone had problems gifting Vanguard shares to an organization?

I've been gifting to my alma mater annually for years. Here's the old way an the new way that I've experienced: Old: I had a VG MF account. So did the college. I filled out a form (forget what it was called) asking VG to transfer $X worth of shares to the college's VG account. That form had to go f...
by SRenaeP
Fri Feb 24, 2017 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Has anyone had problems gifting Vanguard shares to an organization?
Replies: 38
Views: 4195

Re: Has anyone had problems gifting Vanguard shares to an organization?

That is not any help to you but if you could provide Vanguard from/to account numbers for the transfer it would go smoother. Are you in touch with the donee so that you could ask for a receiving account number? Or ask them to handle the forms required? I provided the receiving account number and ot...
by SRenaeP
Fri Feb 24, 2017 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Has anyone had problems gifting Vanguard shares to an organization?
Replies: 38
Views: 4195

Has anyone had problems gifting Vanguard shares to an organization?

I am attempting to donate shares from my non-retirement account at Vanguard. However, I'm getting a bit of a run around. Has anyone else gifted shares? If so, what steps did you take? First I submitted Form GIFF (Letter of Instruction for Gifts of Securities). Vanguard sent an e-mail requesting that...
by SRenaeP
Wed Feb 22, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on girlfriend debt/finances
Replies: 82
Views: 10105

Re: Need advice on girlfriend debt/finances

OP, Life isn't just about dollar sign or a bigger headstone. It's also about love and relationship. It's about service to your fellow humans. My thinking is this: give it another few months and the answer will reveal itself. I got this free advice from a very good author and therapist friend of min...
by SRenaeP
Wed Feb 22, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Safe harbor paid in company stock?
Replies: 8
Views: 902

Re: Safe harbor paid in company stock?

I work for a MegaCorp and our 401k match is made in ESOP. However, we are free to sell it and purchase another fund inside the 401k. IIRC, we are limited to selling 12 times per year though. This is at a publically traded company.

-Steph
by SRenaeP
Wed Feb 22, 2017 10:54 am
Forum: Personal Finance (Not Investing)
Topic: new lowest price rental car vendor
Replies: 7
Views: 1027

Re: new lowest price rental car vendor

I just checked their site against two existing reservations. For some reason, they were unable to price either one and wanted me to engage with a customer service rep to proceed. Is this the norm?

-Steph
by SRenaeP
Wed Feb 22, 2017 10:32 am
Forum: Personal Finance (Not Investing)
Topic: HEL Interest
Replies: 5
Views: 488

Re: HEL Interest

But the interest is deductible on my HEL whereas the interest on the car loan would not be, correct? So I guess the essence of my question is what does it actually cost me to use my HEL to finance the purchase of the vehicle and deduct the interest? BF In your original post, you said you do not hav...
by SRenaeP
Wed Feb 22, 2017 9:50 am
Forum: Personal Finance (Not Investing)
Topic: HEL Interest
Replies: 5
Views: 488

Re: HEL Interest

The short answer is no. My suggestion is to pay cash unless you're liquidating your emergency fund. If you don't pay cash, car loans have lower interest rates than the HEL you referenced.

-Steph
by SRenaeP
Wed Feb 22, 2017 8:19 am
Forum: Investing - Help with Personal Investments
Topic: Do companies match after-tax 401k contributions?
Replies: 32
Views: 4231

Re: Do companies match after-tax 401k contributions?

My employer offers 401k contribution matching (in addition to employer contributions that they make in any case, regardless of my contributions). I'm assuming that if I switch over to making after-tax contributions (for the purpose of doing a mega backdoor Roth), then I can expected the employer ma...
by SRenaeP
Tue Feb 21, 2017 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Contributions to a non-deductible tIRA vs. taxable
Replies: 18
Views: 1447

Re: Contributions to a non-deductible tIRA vs. taxable

Consider opening a solo 401k. Then roll the SEP-IRA into that. That will then clear the way for you to do backdoor Roth IRAs for you and DW. -Steph I guess I don't have a good grasp on this but, since I'm young (34 years old) and these are my peak earning years (i.e. when I retire I would expect to...
by SRenaeP
Tue Feb 21, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Contributions to a non-deductible tIRA vs. taxable
Replies: 18
Views: 1447

Re: Contributions to a non-deductible tIRA vs. taxable

Consider opening a solo 401k. Then roll the SEP-IRA into that. That will then clear the way for you to do backdoor Roth IRAs for you and DW.

-Steph
by SRenaeP
Mon Feb 20, 2017 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: How to decisively determine HCE status
Replies: 27
Views: 2855

Re: How to decisively determine HCE status

That said, if you are an "HCE", that means you cannot contribute to the limit otherwise allowed by the law. What your new max is, however, depends on the factors you mentioned, such as what proportion of the non-HCEs are contributing, how much they are contributing etc. That's not accurate. When yo...
by SRenaeP
Mon Feb 20, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: How to decisively determine HCE status
Replies: 27
Views: 2855

Re: How to decisively determine HCE status

That said, if you are an "HCE", that means you cannot contribute to the limit otherwise allowed by the law. What your new max is, however, depends on the factors you mentioned, such as what proportion of the non-HCEs are contributing, how much they are contributing etc. That's not accurate. When yo...
by SRenaeP
Mon Feb 20, 2017 8:27 am
Forum: Personal Finance (Not Investing)
Topic: part-time W2 vs 1099 income
Replies: 3
Views: 644

Re: part-time W2 vs 1099 income

Of course one thing to keep in mind here is it isn't ultimately the employers choice if she is an employee or contractor - there are IRS standards and you should always be wary when an employer suggests they can choose which way to pay you without verifying you meet the IRS requirements. This bears...
by SRenaeP
Fri Feb 17, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Individual IRA Contribution Clarification
Replies: 7
Views: 732

Re: Individual IRA Contribution Clarification

Thank you for your replies. I am not self-employed and do not run/own my own business. I am employed by a staffing firm who has me working with a large US company on an hourly basis (1099). The staffing firm does not offer any retirement savings plans and I cannot do anything with the company I am ...
by SRenaeP
Thu Feb 16, 2017 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Student Loan Payoff vs. ANY Investing
Replies: 29
Views: 2283

Re: Student Loan Payoff vs. ANY Investing

I would suggest that you both contribute enough to get the match. Then look into SoFi or similar so you can refinance the student loan to a better rate.

-Steph
by SRenaeP
Thu Feb 16, 2017 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Progress Made - What Now? (Pay off cheap mtg or invest)
Replies: 31
Views: 4439

Re: Progress Made - What Now? (Pay off cheap mtg or invest)

Check your 401k plans to see if a mega backdoor Roth is possible. If so, I'd max those out then refi the 5.125% rental mortgage.

-Steph
by SRenaeP
Wed Feb 15, 2017 2:47 pm
Forum: Personal Consumer Issues
Topic: How do you handle switching your handbag?
Replies: 62
Views: 5685

Re: How do you handle switching your handbag?

I think you need to switch your approach. It's very unlikely that one purse or bag is appropriate for every outfit you wear during the course of a year, even if we are only confining this to day time office attire (which it doesn't sound like you are). It depends on your workplace. While carrying t...
by SRenaeP
Wed Feb 15, 2017 10:27 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3054
Views: 597910

Re: What's Your Credit Card Rewards Strategy?

I came across this today and it seems timely. Free access (today 2/15 only) to a points/miles webinar series - http://heelsfirsttravel.boardingarea.com/2017/02/14/act-fast-100-off-guide-to-points-miles-course/ I have no prior knowledge of the course or its usefulness but plan to check it out tonight...
by SRenaeP
Wed Feb 15, 2017 8:42 am
Forum: Personal Consumer Issues
Topic: How do you handle switching your handbag?
Replies: 62
Views: 5685

Re: How do you handle switching your handbag?

I would not say you are lazy; just practical. I have to store my bags, and that's a nuisance. Because I am well supplied with hand bags, I rotate them with the seasons. I switched out of my Christmas bag into a leather hand bag for Winter. When Spring comes, I'll probably swap the leather one for s...
by SRenaeP
Wed Feb 15, 2017 8:39 am
Forum: Personal Consumer Issues
Topic: Pop Quiz and Rant - Do you know what ICE stands for?
Replies: 19
Views: 2185

Re: Pop Quiz and Rant - Do you know what ICE stands for?

I frequently walk my dogs in remote areas and thought it might be a good idea to put my ICE info into my new smart phone. In my vivid imagination I envision being unconscious, turning blue and along comes a would be rescuer. Hopefully, they have their own phone and call 911, of course I wonder if/h...
by SRenaeP
Tue Feb 14, 2017 10:00 am
Forum: Personal Consumer Issues
Topic: Mint/Financial Organization/Credit Card Travel Hobby
Replies: 10
Views: 1243

Re: Mint/Financial Organization/Credit Card Travel Hobby

I've been using MS Money for years so I have continued to update that with any new credit cards. I don't receive any paper statements. I also keep a virtual sticky note on the desktop of my home computer. It lists minimum spend amount required/date required/current status as well as necessary cancel...
by SRenaeP
Tue Feb 14, 2017 8:30 am
Forum: Personal Finance (Not Investing)
Topic: New car purchase
Replies: 12
Views: 2082

Re: New car purchase

It depends on the dealership. When I purchased vehicles in 2007 and 2014, the various dealers would only allow $5k to be charged. However, a coworker was recently able to charge ~$20k at another dealership.

-Steph
by SRenaeP
Mon Feb 13, 2017 8:59 am
Forum: Personal Finance (Not Investing)
Topic: House Flipping Question
Replies: 4
Views: 1181

Re: House Flipping Question

...I would never consider such an arrangement unless I had the time to visit the worksite daily and had a lot of previous construction and real estate knowledge so I could play a prominent role in decisions. And even then, I can think of much less risky things to do with my money.... +1 Tarek and C...
by SRenaeP
Mon Feb 13, 2017 8:55 am
Forum: Personal Finance (Not Investing)
Topic: santander bank bonus
Replies: 14
Views: 2643

Re: santander bank bonus

I signed up for the $150 bonus a few months ago. I've met all the requirements but haven't gotten the bonus yet. I just sent them an e-mail about it last night.

-Steph
by SRenaeP
Mon Feb 13, 2017 8:53 am
Forum: Personal Finance (Not Investing)
Topic: What triggers a wave of credit offers?
Replies: 8
Views: 1522

Re: What triggers a wave of credit offers?

furwut wrote:I think its seasonal. I've been getting them too. This time of year perhaps credit card issuers find people easily enticed with balance transfer offers.
I think this is it. I've seen a lot of offers lately that refer to paying off (really just transferring) holiday bills and such.

-Steph
by SRenaeP
Mon Feb 13, 2017 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Requesting Advice re: Finding Tax Preparer After Burglary
Replies: 7
Views: 1380

Re: Requesting Advice re: Finding Tax Preparer After Burglary

Thank you both for your replies jumppilot and neilpilot . My thought was that there was the possibility of some sort of capital gain based on net worth with us getting a laptop that is worth more than the one we had due to depreciation. Then again, I hadn't figured out the math and kind of doubt we...
by SRenaeP
Mon Feb 13, 2017 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Homeowners Insurance - How much is too much?
Replies: 11
Views: 1842

Re: Homeowners Insurance - How much is too much?

Note that assessed value is not necessarily the same as FMV. Where I live, the assessed value is 40% of the FMV.

Also, the insurance value is typically more than FMV. The insurance company assumes a total loss which would cover demo, etc. in addition to the cost to rebuild.

-Steph
by SRenaeP
Sun Feb 12, 2017 10:51 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3054
Views: 597910

Re: What's Your Credit Card Rewards Strategy?

I will revise my original comment to say a Star Alliance hub vs just MIA. Given that I *don't* live near an SA hub, it's not worth it for me. I would much rather take one 8-9 hour nonstop flight than significantly increase my flight time by adding connections, even if it is 'free'. -Steph Your same...
by SRenaeP
Fri Feb 10, 2017 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3054
Views: 597910

Re: What's Your Credit Card Rewards Strategy?

Anyone have any experience with the new Avianca credit card (https://www.lifemilescreditcard.com/WLInternet/avianca.aspx#!)? I am looking at a family trip to South America, seems like a good card to get - 60,000 points. I hadn't heard of this card but just looked it up. Assuming you're based in the...
by SRenaeP
Fri Feb 10, 2017 9:58 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3054
Views: 597910

Re: What's Your Credit Card Rewards Strategy?

Anyone have any experience with the new Avianca credit card (https://www.lifemilescreditcard.com/WLInternet/avianca.aspx#!)? I am looking at a family trip to South America, seems like a good card to get - 60,000 points. I hadn't heard of this card but just looked it up. Assuming you're based in the...
by SRenaeP
Thu Feb 09, 2017 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3054
Views: 597910

Re: What's Your Credit Card Rewards Strategy?

Anyone have any experience with the new Avianca credit card (https://www.lifemilescreditcard.com/WLInternet/avianca.aspx#!)? I am looking at a family trip to South America, seems like a good card to get - 60,000 points. I hadn't heard of this card but just looked it up. Assuming you're based in the...
by SRenaeP
Thu Feb 09, 2017 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3054
Views: 597910

Re: What's Your Credit Card Rewards Strategy?

Not necessarily. I got the 30 day message and eventually got approved without calling. Chase sent a letter stating they would need to reconfigure my credit lines before approving the card and to let them know if I didn't agree. -Steph Steph, how quickly were you notified of the reconfigured credit ...
by SRenaeP
Thu Feb 09, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Converting Roth to Traditional IRA?
Replies: 16
Views: 1223

Re: Converting Roth to Traditional IRA?

aristotelian wrote:
Other possibilities to look into would be voluntary contribution to 401k, HSA, charitable donation, 529 contribution for yourself or family member, etc.
It's too late to make 401k contributions or donations for TY2016.

-Steph
by SRenaeP
Thu Feb 09, 2017 7:59 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3054
Views: 597910

Re: What's Your Credit Card Rewards Strategy?

Not necessarily. I got the 30 day message and eventually got approved without calling. Chase sent a letter stating they would need to reconfigure my credit lines before approving the card and to let them know if I didn't agree. -Steph Steph, how quickly were you notified of the reconfigured credit ...
by SRenaeP
Wed Feb 08, 2017 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3054
Views: 597910

Re: What's Your Credit Card Rewards Strategy?

I tried for CSR by becoming Chase Private client and got turned down. Very disappointing. Sorry to hear that. Did Chase tell you immediately or only some time after you became a CPC? SO applied for CSP online. Decision is pending, which is a bit disconcerting. Response said that decision could take...