Search found 835 matches

by BeneIRA
Sat May 09, 2020 5:11 pm
Forum: Non-US Investing
Topic: Forecast new COVID wave in Autumn and dollar cost averaging
Replies: 11
Views: 1669

Re: Forecast new COVID wave in Autumn and dollar cost averaging

If you know it, then the market knows it, too. There are professional stock pickers who spend 40-80 hours a week with full-time staff and their job is to make sure their clients are getting good prices on stocks. If there was a clear bargain out there, they would invest. If they thought stocks were ...
by BeneIRA
Sat May 09, 2020 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 10009

Re: $2 million dollar house pre requisites

I've seen the 3X rule where you take your pre-tax income, multiply it by 3 and if the final home price is equal to or less than that, you can afford it, floated on here before and that's what I go with even though I am not a home owner (it is partially why I am not a home owner). If anyone has a bet...
by BeneIRA
Sat May 09, 2020 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting a job after two weeks: relocation expenses
Replies: 196
Views: 17878

Re: Quitting a job after two weeks: relocation expenses

First, the $40,000 isn't totally accurate because you did get some utility out of the house, no? If you were living in your previous residence, what would the monthly expense have been there? $2,000 a month? More? I would subtract that from the $40,000 because you had a place to live and that would ...
by BeneIRA
Fri May 08, 2020 5:01 pm
Forum: Personal Consumer Issues
Topic: Percentage of savings to "prepping"?
Replies: 132
Views: 8791

Re: Percentage of savings to "prepping"?

When I lived in Florida, the risk of hurricanes was very real and I did have extra non-perishables, water, flashlights and such on hand in case I couldn't get it. When a hurricane is coming in Florida, people rush to the stores and grab everything in sight. Sort of like that First or second weekend ...
by BeneIRA
Mon May 04, 2020 2:32 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 56813

Re: How to get Toilet Paper ? seriously.

Went to Costco this morning at 10:30 and never saw so much Costco toilet paper since becoming a Price Club member all those decades ago. Whoa! Supply chain fixed? Where I am I have seen tons of toilet paper at multiple stores. One store was packed to the gills with any variety you could ever want. ...
by BeneIRA
Fri May 01, 2020 2:01 pm
Forum: Investing - Theory, News & General
Topic: A 40% drop could hit by next year , FACT or FICTION?
Replies: 33
Views: 2851

Re: A 40% drop could hit by next year , FACT or FICTION?

https://finance.yahoo.com/m/375879c0-08f3-32fb-8aaf-523c93ff8792/%E2%80%98don%E2%80%99t-be-fooled-%E2%80%99-a-40-drop.html What do you think about this? What is the strategy to protect from 40% drop ? I've been reading this since 2013.... If they keep predicting it each year, one year it will be ri...
by BeneIRA
Fri May 01, 2020 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: I want to bounce job ideas off of you
Replies: 19
Views: 2294

Re: I want to bounce job ideas off of you

You’re getting married and starting a family, that alone would cause me to jump at a higher paying, more stable job. Work environments change constantly given who is in charge. It won’t be as laid back as your current job but it doesn’t sound bad from your description. You may be let go before then...
by BeneIRA
Fri May 01, 2020 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 469
Views: 41815

Re: JPM Chase Reserve Card gets more expensive

I wanted to circle back on the idea of downgrading this, perhaps to the Sapphire Preferred or the Freedom and then later on upgrading it back to the Reserve to save the annual fee. Currently and for the foreseeable future, the following benefits have little to no value: Priority Pass Membership (No...
by BeneIRA
Fri May 01, 2020 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Our company just closed our regional office permanently
Replies: 35
Views: 5462

Re: Our company just closed our regional office permanently

My company was closing down and consolidating regional offices for the past few years. They realized their real estate cost was a very large expense and that work could be done just as well with fewer offices and more workin from home. I am surprised more companies haven't realized that their office...
by BeneIRA
Thu Apr 30, 2020 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Quitting a job after two weeks: relocation expenses
Replies: 196
Views: 17878

Re: Quitting a job after two weeks: relocation expenses

That's no way to live. Leave now. If you continue at this place, it will put you in the hospital. Once your free of it and some time had passed, it will be water under the bridge. Gosh, I don’t know. When I started working, 100 hour weeks were not that unusual for me, and I never did wind up in the...
by BeneIRA
Wed Apr 29, 2020 7:49 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 56813

Re: How to get Toilet Paper ? seriously.

Latest news on toiler paper, shortages easing: https://www.reuters.com/article/us-health-coronavirus-usa-toiletpaper/toilet-paper-trophy-hunters-on-a-roll-as-u-s-shortages-start-easing-idUSKCN22A30A The average U.S. household - 2.6 people - uses about 409 rolls a year, according to Georgia Pacific,...
by BeneIRA
Tue Apr 28, 2020 7:34 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 56813

Re: How to get Toilet Paper ? seriously.

Latest news on toiler paper, shortages easing: https://www.reuters.com/article/us-health-coronavirus-usa-toiletpaper/toilet-paper-trophy-hunters-on-a-roll-as-u-s-shortages-start-easing-idUSKCN22A30A The average U.S. household - 2.6 people - uses about 409 rolls a year, according to Georgia Pacific,...
by BeneIRA
Tue Apr 28, 2020 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: chase sapphire rewards strategy
Replies: 18
Views: 1546

Re: chase sapphire rewards strategy

Sitting on them. Can always cash them out if I need to, but I am planning on using them for travel at some point.
by BeneIRA
Tue Apr 28, 2020 10:36 am
Forum: Investing - Theory, News & General
Topic: Did we just go in and out of a recession?
Replies: 25
Views: 3266

Re: Did we just go in and out of a recession?

Still in one. The stock market is seemingly operating completely separate from what is happening to the average person at this point. Who says it's supposed to? If the stock market reflects anything about reality, the thing it reflects would be how extremely wealthy individuals and large businesses...
by BeneIRA
Mon Apr 27, 2020 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Do you expect your employer to change their stance on WFH after Coronavirus?
Replies: 99
Views: 6221

Re: Do you expect your employer to change their stance on WFH after Coronavirus?

My wife's and my employer seem to be going in the other direction than other companies in this thread. Both are looking to slash real estate costs and promote WFH. Both of our employers have sold real estate or let leases expire and pushed people to WFH. They are very happy with the cost savings. Fo...
by BeneIRA
Mon Apr 27, 2020 8:59 am
Forum: Personal Consumer Issues
Topic: In your experience, what is the credit card with the best customer service?
Replies: 36
Views: 2114

Re: In your experience, what is the credit card with the best customer service?

Here is another angle. The customer service difference between the best customer service and the worst is not material enough to choose a card that has lower rewards over one with higher rewards and worse customer service. Odds are, these days, outside of Discover and Amex on a good day, if you hav...
by BeneIRA
Sun Apr 26, 2020 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: I want to bounce job ideas off of you
Replies: 19
Views: 2294

Re: I want to bounce job ideas off of you

You may be let go before then due to this merger. When your company is the one being acquired, expect layoffs and especially contractors. They have someone who does your job, so why do they need a contractor? I would take the new job but definitely be extremely nice on your way out. Keep in contact ...
by BeneIRA
Sun Apr 26, 2020 8:45 pm
Forum: Investing - Theory, News & General
Topic: Did we just go in and out of a recession?
Replies: 25
Views: 3266

Re: Did we just go in and out of a recession?

Still in one. The stock market is seemingly operating completely separate from what is happening to the average person at this point.
by BeneIRA
Sun Apr 26, 2020 8:42 pm
Forum: Personal Consumer Issues
Topic: In your experience, what is the credit card with the best customer service?
Replies: 36
Views: 2114

Re: In your experience, what is the credit card with the best customer service?

Here is another angle. The customer service difference between the best customer service and the worst is not material enough to choose a card that has lower rewards over one with higher rewards and worse customer service. Odds are, these days, outside of Discover and Amex on a good day, if you have...
by BeneIRA
Thu Apr 23, 2020 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Exit Interview
Replies: 78
Views: 5958

Re: Exit Interview

Dude, you're 62, probably almost retired. I'd say let loose the guns and give em hell. It would make you feel better.' Why is everyone here so bothered about maintaining the nice guy image and burning bridges? OP is literally near the end of the career. YOLO man! For me and I'm sure others, anytime...
by BeneIRA
Tue Apr 21, 2020 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Are we spending too much on a house? 28yo & 24yo
Replies: 89
Views: 6317

Re: Are we spending too much on a house? 28yo & 24yo

* I definitely don't like mingling finances before marriage. I would definitely have gotten married first, then get the house. We all know someone who has gotten a house and it has gone poorly. Everyone goes in thinking it won't be them. * You are breaking the 3X rule. A house shouldn't be more than...
by BeneIRA
Tue Apr 21, 2020 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Exit Interview
Replies: 78
Views: 5958

Re: Exit Interview

I wanted to reach out for feedback on the best way to handle an Exit Interview next week. Im leaving an organization after 12.5 years. Im turning 62 in a couple of months. Don't have plans to go back but trying to leave graciously. There was new management brought in a year ago and my role kept get...
by BeneIRA
Tue Apr 21, 2020 1:58 pm
Forum: Personal Consumer Issues
Topic: Air Purifier
Replies: 23
Views: 1294

Re: Air Purifier

Wirecutter: https://thewirecutter.com/reviews/best-air-purifier/ I have the Coway that's recommended and it has worked well. We love our Dyson vacs but I would not recommend the air purifier given how expensive the replacement filters are. Same. I have the top two recommended and have had them for ...
by BeneIRA
Tue Apr 21, 2020 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Exit Interview
Replies: 78
Views: 5958

Re: Exit Interview

I have kept it very political and very middle of the road in terms answers because I know my exit interview feedback is not valued by the organization. When I left my long-time job a couple of years ago, my exit “interview” was an automated email from the HR system with a link to a survey monkey st...
by BeneIRA
Tue Apr 21, 2020 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Exit Interview
Replies: 78
Views: 5958

Re: Exit Interview

The organization likely knows about your superior. If you are okay burning your bridge, then say whatever you want. I never have. I have kept it very political and very middle of the road in terms answers because I know my exit interview feedback is not valued by the organization. Everything is alwa...
by BeneIRA
Mon Apr 20, 2020 9:32 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 75477

Re: Bogleheads community discussion - Coronavirus

If a successful vaccine has a low probability of success, then most everyone will need to get the virus eventually. Might as well get it over with in a controlled manner and get people working again. Slowly open the country up for business, encourage voluntary self-distancing, strict cleaning proto...
by BeneIRA
Mon Apr 20, 2020 11:11 am
Forum: Investing - Theory, News & General
Topic: Does "Quantitative Easing" Lead to Higher Inflation?
Replies: 87
Views: 6066

Re: Does "Quantitative Easing" Lead to Higher Inflation?

Creating all of the money that the Fed is and expecting it to impact nothing doesn't make sense. It actually does make sense, because it is money in the hands of the public that creates inflation , not money on the books of the central bank. When the Fed buys assets, the monetary base increases. Th...
by BeneIRA
Mon Apr 20, 2020 10:23 am
Forum: Personal Investments
Topic: Stop me from buying individual stocks...
Replies: 27
Views: 1965

Re: Stop me from buying individual stocks...

Do you know more about these companies than the analysts and hedge funds that spend 40+ hours a week digging into all of the data on these companies and setting a price? Do you have knowledge that others don't why you believe these are a good buy at this time? I can recognize that I don't know anyth...
by BeneIRA
Mon Apr 20, 2020 10:20 am
Forum: Investing - Theory, News & General
Topic: Deflation is everywhere. Get used to it.
Replies: 151
Views: 15060

Re: Deflation is everywhere. Get used to it.

Deflation is not quite everywhere - food costs have definitely not decreased recently. Even despite less dining out, my grocery bill is up substantially from two months ago. I went to the grocery store yesterday, and they were advertising prices as sales that were the regular price on the exact sam...
by BeneIRA
Mon Apr 20, 2020 10:16 am
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 75477

Re: Bogleheads community discussion - Coronavirus

n interesting article out of one of the hardest hit cities in Massachusetts, Chelsea. It is right next to the airport. One third of participants tested randomly on the street in Chelsea had antibodies. https://www.foxnews.com/science/third-blood-samples-massachusetts-study-coronavirus This follow a ...
by BeneIRA
Mon Apr 20, 2020 10:05 am
Forum: Investing - Theory, News & General
Topic: Does "Quantitative Easing" Lead to Higher Inflation?
Replies: 87
Views: 6066

Re: Does "Quantitative Easing" Lead to Higher Inflation?

Creating all of the money that the Fed is and expecting it to impact nothing doesn't make sense. As has been described above, the creation of trillions of dollars drove stock prices up. How much of the increase in the stock market from the 2010's if increased productivity and company value versus an...
by BeneIRA
Sun Apr 19, 2020 8:50 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 75477

Re: Bogleheads community discussion - Coronavirus

I'm enjoying this discussion, thanks. I'm a bit surprised by some of my neighbors this weekend. I live in the midwest and the weather has been great. Last night one family had a party with 4 or 5 cars out front, music, grilling, drinking. Everyone mixing. It seems like about 1/3 of my neighborhood ...
by BeneIRA
Sat Apr 18, 2020 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: Parent is working grueling job, considering retiring just a few years before pension. How else can I help her decide?
Replies: 50
Views: 3555

Re: Parent is working grueling job, considering retiring just a few years before pension. How else can I help her decide

I was going to post something similar to Chadnudj above. It seems like it hasn't been discussed that your mother is now working the day shift that she presumably likes better. Yes, it's still outside, but presumably summer is coming around the corner which will solve for the cold? Could she bring ea...
by BeneIRA
Fri Apr 17, 2020 6:28 pm
Forum: Personal Investments
Topic: Disappointed with Vanguard service. Better options?
Replies: 66
Views: 5850

Re: Disappointed with Vanguard service. Better options?

I have been with Vanguard for 30 years give or take. I have always loved their company culture and the people who work there. But more and more I have become disappointed in the level of service they provide. Most recently, my father past away and I have been working with them to get his accounts i...
by BeneIRA
Fri Apr 17, 2020 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Dependent Care FSA and Coronavirus
Replies: 15
Views: 557

Re: Dependent Care FSA and Coronavirus

If not used, funds will be forfeited. (If I read the rules correctly, it looks like a company could possibly return the funds to employees at their discretion?) My understanding is that forfeited funds go back to the organization. Something seems intrinsically unfair about that if some allowance is...
by BeneIRA
Thu Apr 16, 2020 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Workday and HSA contribution
Replies: 8
Views: 504

Re: Workday and HSA contribution

My employer uses Workday for its HR back-end. I recently switched from a family HSA plan to an individual HSA plan mid-year. The Workday system now thinks my HSA maximum is 3500 instead of the prorated amount between the family and individual maximum. The Workday software, therefore, is limiting my...
by BeneIRA
Thu Apr 16, 2020 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Dependent Care FSA and Coronavirus
Replies: 15
Views: 557

Re: Dependent Care FSA and Coronavirus

I was wondering if anyone has found any IRS guidance on dealing with dependent care FSA in regards to coronavirus? Let's assume all childcare and camps are closed for the rest of the year. Or let's assume that we can't meet the 5k spending due to the coronavirus circumstances... Anyone have thought...
by BeneIRA
Sat Apr 11, 2020 2:49 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 56813

Re: How to get Toilet Paper ? seriously.

Around Seattle it looks like the TP crisis is over. Two stores I visited this morning had entranceway displays of their abundant stock, and one store had it at the pre crisis SALE PRICE!! Glad I waited it out; it pays not to panic. It will be interesting in a month or two. All of the people who sto...
by BeneIRA
Sat Apr 11, 2020 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Dependent Care FSA
Replies: 8
Views: 247

Re: Dependent Care FSA

I am a teacher so we have the option to do the 5K by June, which I was doing because at 1600 monthly it was going to be easy to hit the 5k. I am in NYC so I have no idea what is going to happen with the daycares and schools (second wave, etc.). I am trying to think worst-case scenario so I don't lo...
by BeneIRA
Fri Apr 10, 2020 3:12 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1655
Views: 137282

Re: Coronavirus (Consumer Issues) How you are preparing?

Any update on where everyone is purchasing masks? Just read an article on how certain fabrics really don't do particularly well in keeping particles in or out and I have little confidence in my mask making abilities. Checked Alibaba and it is pricy. Walmart and Amazon. https://www.walmart.com/searc...
by BeneIRA
Fri Apr 10, 2020 2:02 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1655
Views: 137282

Re: Coronavirus (Consumer Issues) How you are preparing?

Any update on where everyone is purchasing masks? Just read an article on how certain fabrics really don't do particularly well in keeping particles in or out and I have little confidence in my mask making abilities. Checked Alibaba and it is pricy. Walmart and Amazon. https://www.walmart.com/searc...
by BeneIRA
Thu Apr 09, 2020 9:36 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1655
Views: 137282

Re: Coronavirus (Consumer Issues) How you are preparing?

Any update on where everyone is purchasing masks? Just read an article on how certain fabrics really don't do particularly well in keeping particles in or out and I have little confidence in my mask making abilities. Checked Alibaba and it is pricy.
by BeneIRA
Thu Apr 09, 2020 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage payoff - Am I crazy?
Replies: 81
Views: 5624

Re: Mortgage payoff - Am I crazy?

Thank you all for your responses, sorry I've been a bit tardy responding to some of your questions...please see my responses below. Current EF: $30k HELOC: Yes, $100K, has not been touched. House value: Approx $300k College: To date, we've been paying for college via cash flow on our end + assistan...
by BeneIRA
Thu Apr 09, 2020 9:09 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 56813

Re: How to get Toilet Paper ? seriously.

I had stopped at a wal greens . Picked up extra paper towels. Use them and throw them in the trash, take out the trash every day. I know it sounds crazy but you got to do what you got to do. Not crazy. They don't flush toilet paper in Mexico, Ukraine or other places, allegedly since their sewage sy...
by BeneIRA
Tue Apr 07, 2020 11:50 am
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 56813

Re: How to get Toilet Paper ? seriously.

I had stopped at a wal greens . Picked up extra paper towels. Use them and throw them in the trash, take out the trash every day. I know it sounds crazy but you got to do what you got to do. Not crazy. They don't flush toilet paper in Mexico, Ukraine or other places, allegedly since their sewage sy...
by BeneIRA
Mon Apr 06, 2020 1:32 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 56813

Re: How to get Toilet Paper ? seriously.

Does anyone have updated reports of toilet paper becoming more readily available in your area? The toilet paper shelves are all empty here, at least in the afternoons, I don't get up early to go hunting. Where I am, every store is out of toilet paper except for one and they had a good amount. It wa...
by BeneIRA
Sun Apr 05, 2020 12:27 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 75477

Re: Bogleheads community discussion - Coronavirus

I am still trying to process how this whole experience will change things. I think my answer now may be very different than it will be a month from now. For me, I have a bit of a panic attack whenever I have to go out for groceries. Maybe panic attack isn't the right word, but there is definitely pa...
by BeneIRA
Sun Apr 05, 2020 12:20 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 75477

Re: Bogleheads community discussion - Coronavirus

My local Home Depot started limiting the number of customers to 50 in the store at one time. Barricades were setup to force everyone into a single entrance. I got there when they opened at 6 AM, so not much of a crowd. Our Home Depot started doing this a week or so ago. Only store I've seen doing s...
by BeneIRA
Sat Apr 04, 2020 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 469
Views: 41815

Re: JPM Chase Reserve Card gets more expensive

I wanted to circle back on the idea of downgrading this, perhaps to the Sapphire Preferred or the Freedom and then later on upgrading it back to the Reserve to save the annual fee. Currently and for the foreseeable future, the following benefits have little to no value: Priority Pass Membership (No ...
by BeneIRA
Thu Apr 02, 2020 8:58 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1655
Views: 137282

Re: Coronavirus (Consumer Issues) How you are preparing?

Open question (I don't think I've seen directly addressed): for people short on living/storage space, what would you recommend for calorie-dense, shelf-stable products? I'm OK with simple - rice and beans are the obvious ones I can think of, but looking for other input. I have a soup collection I'v...