Search found 193 matches

by cookymonster
Wed Aug 24, 2016 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3000
Views: 588950

Re: What's Your Credit Card Rewards Strategy?

I applied in the branch and got denied, even called the appeal line (888-609-7805) and was given a firm "no." Wish I knew this card was coming along when I opened the Southwest card two months ago :x . Did they specify why you were declined? -Steph "Too many credit cards opened recently" - obviousl...
by cookymonster
Wed Aug 24, 2016 1:24 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1338
Views: 224473

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Great thread. Surprised I missed it until now. Two questions: Has anyone successfully gotten an opening bonus (intended for NEW customers) twice at the same brokerage? If so, which ones? I'm about to hit the one year mark at TD Ameritrade and would like to move it back to Merrill Edge for the free t...
by cookymonster
Wed Aug 24, 2016 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3000
Views: 588950

Re: What's Your Credit Card Rewards Strategy?

I applied in the branch and got denied, even called the appeal line (888-609-7805) and was given a firm "no." Wish I knew this card was coming along when I opened the Southwest card two months ago :x .
by cookymonster
Mon Aug 22, 2016 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3000
Views: 588950

Re: What's Your Credit Card Rewards Strategy?

Went into a branch today and got queued. I think I'm right at 5/24 so I don't have my hopes up. I need to think of a new non-Chase card to apply for if this doesn't pan out.
by cookymonster
Mon Aug 22, 2016 9:20 am
Forum: Investing - Help with Personal Investments
Topic: VSS verus SCHC
Replies: 8
Views: 2183

Re: VSS verus SCHC

I prefer SCHC because it's more tax-efficient than VSS. But I tax loss harvest between both of them. If you hold either VXUS or VEU you're going to have the same issue with mixing EM. Also, VWO is approximately 84% EM per Morningstar. The only way you're going to get it precisely right if you have m...
by cookymonster
Sat Aug 13, 2016 9:39 pm
Forum: Investing - Theory, News & General
Topic: Bonds in Taxable
Replies: 164
Views: 17879

Re: Bonds in Taxable

The tax-deferred vs tax-free account is a non-issue. A tax-deferred account is (almost) simply a tax-free account plus an account you're investing on the government's behalf. The reason for the almost is RMDs. So a very valid simplification is to compare a taxable account to a tax-free account when...
by cookymonster
Fri Jul 08, 2016 12:03 am
Forum: Investing - Help with Personal Investments
Topic: No Company Match Until 1 Year of Service?
Replies: 30
Views: 4137

Re: No Company Match Until 1 Year of Service?

I get a 4% match after 12 months. However the match only starts on either 7/1 or 1/1 if it has been 12 months since you were hired. So if you start on 7/2 or 1/2 it's really 18 months before the match kicks in. Vesting is graded between years 2-6 after hire. If I didn't also get a pension after 5 ye...
by cookymonster
Mon May 30, 2016 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: How much can you make from the credit card / bank account game?
Replies: 54
Views: 6563

Re: How much can you make from the credit card / bank account game?

I've mostly completed brokerage transfers online. Sometimes I have to fax paperwork in but it is quick and easy.
by cookymonster
Mon May 30, 2016 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: How much can you make from the credit card / bank account game?
Replies: 54
Views: 6563

Re: How much can you make from the credit card / bank account game?

If you have a decent taxable account, try the brokerage bonuses too. Doctor of Credit doesn't cover this, but hustler money blog does.

Made about ~$2000 on that last year.
by cookymonster
Wed May 25, 2016 9:45 pm
Forum: Personal Consumer Issues
Topic: Pet friendly hotels no fees
Replies: 8
Views: 1160

Re: Pet friendly hotels no fees

Red roof inn
by cookymonster
Tue May 24, 2016 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Thinking of renting out part of my home - how much should I spend on renovations?
Replies: 18
Views: 1153

Re: Thinking of renting out part of my home - how much should I spend on renovations?

It doesn't make it any less of a dumb decision, but that's water under the bridge. At this point, I can either put a lot of money/time/effort into renting the parts I don't use or put a lot of money/effort/time into selling it and lose whatever capital gains have accrued by selling it so quickly. I...
by cookymonster
Tue May 24, 2016 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Thinking of renting out part of my home - how much should I spend on renovations?
Replies: 18
Views: 1153

Re: Thinking of renting out part of my home - how much should I spend on renovations?

You say the home you recently bought was a "foolish purchase." How does dumping a bunch of money/time/effort into a basement apartment AND becoming a landlord change that? It doesn't make it any less of a dumb decision, but that's water under the bridge. At this point, I can either put a lot of mon...
by cookymonster
Mon May 23, 2016 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of renting out part of my home - how much should I spend on renovations?
Replies: 18
Views: 1153

Re: Thinking of renting out part of my home - how much should I spend on renovations?

How much would you spend on improving a rental before expecting a profit from it? How much would you expect the investment to raise the property's value (relative to what you paid)? Is there another way you would try to weigh the cost and benefit? I don't see how anyone could give a direct answer t...
by cookymonster
Mon May 23, 2016 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of renting out part of my home - how much should I spend on renovations?
Replies: 18
Views: 1153

Re: Thinking of renting out part of my home - how much should I spend on renovations?

I want to keep my privacy upstairs. That's why I want to add a kitchenette in the basement. My basement is pretty big. It can hold two separate "suites" if I were to add a second shower. They can also use their own entrance (back door) if I use the front door. I would prefer to do this without getti...
by cookymonster
Mon May 23, 2016 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of renting out part of my home - how much should I spend on renovations?
Replies: 18
Views: 1153

Thinking of renting out part of my home - how much should I spend on renovations?

Last year I bought an older 4 BR home in a very nice part of town. In hindsight this was a foolish purchase, as I really only use 1-2 bedrooms and don't know what to do with the rest of the space. Rather than turn around and sell it this year and move again, I'd like to see if it logistically will w...
by cookymonster
Sat May 14, 2016 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 312
Views: 68374

Re: Physician Retirement Savings

32, psychiatrist, ~950k in savings, probably 60% taxable. Trying to reduce work whenever I can. The only reason I keep working is because I don't have enough yet to fill up my time outside of work and it benefits me socially to have a nice career.
by cookymonster
Mon May 09, 2016 7:50 am
Forum: Personal Consumer Issues
Topic: Tips for Selling Bedroom Set
Replies: 27
Views: 4283

Re: Tips for Selling Bedroom Set

I'm new at donating household items to charity. How big of a tax donation receipt can you expect to get from an expensive bedroom set? And how do they come up with the number?
by cookymonster
Sun May 08, 2016 9:04 am
Forum: Personal Consumer Issues
Topic: Thinking of moving to SC or TX
Replies: 31
Views: 4490

Re: Thinking of moving to SC or TX

I've also lived in metro Charlotte, Chapel Hill, and Charleston for all but the last two years of my life. I don't have too much to add. I disagree that Charleston has a low cost of living. Perhaps North Charleston and some parts of West Ashley are, but I would avoid the industrial, crime-laden area...
by cookymonster
Mon Apr 18, 2016 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Medical School preparation Pointers for a Sophomore Student
Replies: 48
Views: 5763

Re: Medical School preparation Pointers for a Sophomore Student

If your daughter is a marginal applicant, she'll be best served by applying to schools with lower tuition, with larger class sizes, and obviously with higher rates of acceptance. Schools in smaller cities and away from the coasts will have higher quality/competitiveness ratios. When I applied to sc...
by cookymonster
Sun Apr 17, 2016 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Medical School preparation Pointers for a Sophomore Student
Replies: 48
Views: 5763

Re: Medical School preparation Pointers for a Sophomore Student

If your daughter is a marginal applicant, she'll be best served by applying to schools with lower tuition, with larger class sizes, and obviously with higher rates of acceptance. Schools in smaller cities and away from the coasts will have higher quality/competitiveness ratios. When I applied to sch...
by cookymonster
Sat Apr 16, 2016 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Postnuptial agreement for Physician
Replies: 94
Views: 10087

Re: Postnuptial agreement for Physician

Also, the fact that even some non-traditional medical students get accepted when they are in their 40's argues against that schools don't accept doctors who only intend to work ~10 years. Those students may not admit to it in their interview, but you think these medical schools actually expect to ge...
by cookymonster
Sat Apr 16, 2016 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Postnuptial agreement for Physician
Replies: 94
Views: 10087

Re: Postnuptial agreement for Physician

As a 32-year-old single physician expecting to reach the two-comma club in the next year, this thread resonates in such a depressing way. I completely relate to the OP's mindset and highly doubt that he is trolling. My parents are on their second and third marriages, respectively, my brother is on h...
by cookymonster
Sun Mar 13, 2016 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Bond overflow to taxable - best fund for me?
Replies: 5
Views: 608

Re: Bond overflow to taxable - best fund for me?

Vanguard has a Massachusetts fund - VMATX

ETA - I guess you may avoid mutual funds due to transaction fees at Merrill Edge. VTEB looks like a good option.
by cookymonster
Sun Feb 14, 2016 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: Is a wash sale such a bad thing?
Replies: 10
Views: 2616

Re: Is a wash sale such a bad thing?

This doesn't seem correct. If you trigger a wash sale when an investment has lost money, the cost basis of the newly purchased asset is used to determine capital gains and losses. Since you've lost money, you have a lower cost basis than before. If the price then goes up, there's no telling when or ...
by cookymonster
Wed Jan 06, 2016 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: TLH Options for Emerging Markets, Intl Small Caps, Active Managed Small Cap, and Small Cap value
Replies: 7
Views: 855

Re: TLH Options for Emerging Markets, Intl Small Caps, Active Managed Small Cap, and Small Cap value

I mostly TLH with schwab funds, which are actually slightly lower in cost.

VWO --> SCHE
VSS --> SCHC

I haven't harvested VBR. For that one, I'd probably go with VTWV, which is a much smaller cap ETF
by cookymonster
Sun Jan 03, 2016 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: More Edward Jones questions...
Replies: 13
Views: 1584

Re: More Edward Jones questions...

Some funds come with an extra fee for redemption within 30/60/90 days. Avoid these. Otherwise you're just subject to short-term capital gains, which aren't ideal but are better than sticking with such expensive funds. It would be better if you sold them when they are neutral or down and bought simil...
by cookymonster
Thu Dec 31, 2015 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: Roll Call for Tax-Loss Harvesting Class of 2015
Replies: 62
Views: 4511

Re: Roll Call for Tax-Loss Harvesting Class of 2015

I TLH'd for the first time this year and honestly probably got addicted to it. My total loss harvested was around $20,600, which is between 2 and 3 percent of my portfolio. For the last six months of the year, I would trade between TLH partners every 31 days, often for losses less than $100. In hind...
by cookymonster
Mon Dec 21, 2015 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: 401k advice-new physician
Replies: 11
Views: 1602

Re: 401k advice-new physician

Thank you all for your replies. My thoughts were to place all new 401k contributions directly into the WFIOX core fund so that I have my money in the market and then transfer to my brokerage account 2-4 times per year for larger transactions so as to minimize costs. EmergDoc, you mention frontloadi...
by cookymonster
Sat Dec 19, 2015 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: holding only S&P 500 in 401K?
Replies: 19
Views: 8984

Re: holding only S&P 500 in 401K?

That's a pretty fantastic 401k. For many people, the cheapest option costs more than the most expensive option of yours. After you figure out your asset allocation, you should decide what part of your 401k has the best options that fit within it. If it includes large-cap, small-cap, REITs, or emergi...
by cookymonster
Sat Dec 19, 2015 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: holding only S&P 500 in 401K?
Replies: 19
Views: 8984

Re: holding only S&P 500 in 401K?

I've only held the S&P 500 in my 401k AND 457 at work; the only exception is the match, which I've put in bonds since it isn't vested yet. I'm up to ~52k in VIIIX. I wish it were more diversified, but there aren't really any other good options with an ER < 0.6%. I have enough money in taxable accoun...
by cookymonster
Thu Dec 17, 2015 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs. Scottrade - I don't think I need both anymore...
Replies: 30
Views: 3836

Re: Vanguard vs. Scottrade - I don't think I need both anymore...

I've been moving my money around between several different brokers for bonuses this year - Merrill Edge, TD Ameritrade, Sharebuilder, TradeKing. I've been trying to wait until I have enough to get the max bonuses since my understanding is these offers are one-time-only. Has anyone been able to take...
by cookymonster
Thu Dec 17, 2015 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs. Scottrade - I don't think I need both anymore...
Replies: 30
Views: 3836

Re: Vanguard vs. Scottrade - I don't think I need both anymore...

I've been moving my money around between several different brokers for bonuses this year - Merrill Edge, TD Ameritrade, Sharebuilder, TradeKing. I've been trying to wait until I have enough to get the max bonuses since my understanding is these offers are one-time-only. Has anyone been able to take ...
by cookymonster
Fri Dec 11, 2015 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Overpaid FICA taxes 2013 and 2014
Replies: 4
Views: 709

Re: Overpaid FICA taxes 2013 and 2014

I thought the Medicare limit was the same as the SS limit.

I did my taxes by myself on paper, so line 71 from last year is blank. Which means I still overpaid on SS that year.

Do you think this means I need to file an amended return with W2's?
by cookymonster
Fri Dec 11, 2015 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Overpaid FICA taxes 2013 and 2014
Replies: 4
Views: 709

Overpaid FICA taxes 2013 and 2014

Hi all, Because I worked multiple jobs in 2013 and 2014, I was double-taxed for SS and Medicare. I didn't catch this at the time while doing my own taxes, so I need to get it refunded somehow. What's the best way to go about this? Do I need to amend my returns to take a credit for the overpayments a...
by cookymonster
Tue Sep 29, 2015 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: VTSMX and Substantially Identical Funds
Replies: 23
Views: 2528

Re: VTSMX and Substantially Identical Funds

A common mistake many, including myself have made, is to buy an S&P 500 index while also contributing to a same or different one in their 401k. This creates a potential wash sale of its own when it's time to sell.

I rebalance VTI with VV in taxable.
by cookymonster
Tue Sep 01, 2015 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Better tax loss harvest pair for emerging markets VWO - SCHE or IEMG?
Replies: 3
Views: 800

Re: Better tax loss harvest pair for emerging markets VWO - SCHE or IEMG?

I was using IEMG but switched to SCHE. IEMG has better size and value metrics, but SCHE has a more similar % EM in the overall fund. If you are switching from VWO to IEMG, the overall # of EM stocks in your portfolio goes down by about 18%.
by cookymonster
Thu Aug 13, 2015 6:45 am
Forum: Personal Finance (Not Investing)
Topic: Experience with ConsumerDirect Mortgage (on Bankrate)
Replies: 9
Views: 8402

Re: Experience with ConsumerDirect Mortgage (on Bankrate)

I just closed on a home in Utah through CDM. It went okay, had to ask for an extension for finance/appraisal but they stayed true to their GFE.

I got my 15-year loan at 3.09% APR. Looks like rates have come down since then :oops:
by cookymonster
Mon Jul 27, 2015 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: TLH in emerging markets
Replies: 4
Views: 568

Re: TLH in emerging markets

So what is everyone's minimum amount to TLH? Does anyone TLH less than $100 at the 31-day mark? At the 33% tax bracket, I figure every dollar counts.

As for emerging markets, I last harvested on 6/29, and I'm down over $2,700 since then. Can't wait to harvest again
by cookymonster
Wed May 13, 2015 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Incentive worth to transfer to another brokerage?
Replies: 11
Views: 1261

Re: Incentive worth to transfer to another brokerage?

http://www.hustlermoneyblog.com/best-brokerage-bonuses/ I'm thinking of doing the TradeKing transfer ($200 for 3k), CapitalOne ShareBuilder ($600 for $125k), and MerrillEdge ($600 for $200k). Altogether that would be a decent chunk of change. Unfortunately TradeKing requires you to make a few trade...
by cookymonster
Sun May 10, 2015 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: House Purchase Dilemma: Get it this summer or wait till winter (and keep renting)?
Replies: 5
Views: 1076

Re: House Purchase Dilemma: Get it this summer or wait till winter (and keep renting)?

Thanks everyone for your input. I will stick to my original plan to buy at the end of the summer. I am out looking now, mainly at open houses, but need another month or two to get a reasonable down payment + emergency fund saved.
by cookymonster
Sat May 09, 2015 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: House Purchase Dilemma: Get it this summer or wait till winter (and keep renting)?
Replies: 5
Views: 1076

House Purchase Dilemma: Get it this summer or wait till winter (and keep renting)?

Hi BH'ers! I'm a new poster and want to thank you in advance for your collective wisdom. I'm looking to get a single-family home worth ~300-400k, financed in a 15-year mortgage this year. My lease in my current apartment lasts until the end of August. I'm planning to try to find a split-level home a...
by cookymonster
Wed Nov 05, 2014 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Health Equity HSA--New Passive Plan
Replies: 80
Views: 23989

Re: Health Equity HSA--New Passive Plan

Has anyone been able to see that these funds have been rolled out yet? I've attempted to locate them on the site but thus far, no luck. The people on the phone were no help, as usual.