Search found 1333 matches

by THY4373
Fri Apr 09, 2021 6:03 pm
Forum: Personal Consumer Issues
Topic: Airline Miles - how to use?
Replies: 26
Views: 1513

Re: Arline Miles - how to use?

That's a LOT of miles. Short of churning sign-up bonuses or spending a ton of money through a business, how can you possibly accrue that many miles in a year? That's a lot of spending. Manufactured spend allows me to generate a lot of points fairly easily. In fact last year for three glorious month...
by THY4373
Tue Apr 06, 2021 8:47 am
Forum: Personal Consumer Issues
Topic: Safe and secure car sale
Replies: 12
Views: 789

Re: Safe and secure car sale

bluebolt wrote: Tue Apr 06, 2021 8:26 am Receive Venmo, Paypal or Zelle payment
I'd put these options in the same territory as personal checks certainly PayPal, less familiar with Venmo and Zelle. PP will tend to side with the buyer in disputes.
by THY4373
Sun Apr 04, 2021 6:42 pm
Forum: Personal Consumer Issues
Topic: Broken A/C. Next steps?
Replies: 8
Views: 851

Re: Broken A/C. Next steps?

You say the the started capacitor is a year old so I assume it went out last year? If so I bet the cap took out the fan motor. I had the same issue a few years back on a admittedly younger system. Cap went bad (obvious it was bulging) so I replaced it but a number of places suggested the condenser f...
by THY4373
Sat Apr 03, 2021 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Megacorp imposed 401k After-tax contribution cap
Replies: 26
Views: 2341

Re: Megacorp imposed 401k After-tax contribution cap

No caps here other than the Federal ones. But my employer is rather unique in that we are a bit public/governmental and a bit private so I think we don't fall under some of the same restrictions that purely commercial entities do. I am able to max out everything pre-tax/Roth, catch-up and post-tax n...
by THY4373
Sat Apr 03, 2021 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Huh? Virginia 529 deductions on multiple accounts
Replies: 4
Views: 290

Re: Huh? Virginia 529 deductions on multiple accounts

I cannot answer your question on how transfers are treated but I have been taking advantage of this multi-account deduction for years in VA. As noted this is documented on the VA taxation website so it is legit. I have used for both college savings and more recently I put money in to withdraw later ...
by THY4373
Fri Apr 02, 2021 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: WFH Light a "FIRE" in anyone else?
Replies: 20
Views: 3095

Re: WFH Light a "FIRE" in anyone else?

I had already been teleworking for years albeit some years going into the office 1-2x a week but other years almost none. I am totally good with working from home but I have a 10 min commute so if I still have to go in some days, it isn't really the end of the world. Also I didn't need WFH to teach ...
by THY4373
Fri Apr 02, 2021 4:40 pm
Forum: Personal Consumer Issues
Topic: Good time to sell a car?
Replies: 16
Views: 1101

Re: Good time to sell a car?

I bought something of a beater from my parents in December (nice to have a beater truck). Per KBB it is up 18% since December (this per what KBB said then and now with the same parameters ) when I bought it from them. So yeah the used market is pretty hot right now (same as 2008-2010) time frame. No...
by THY4373
Thu Mar 18, 2021 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Retire in early 40s?
Replies: 53
Views: 7862

Re: Retire in early 40s?

The idea of remaining single (financially and socially with financial obligations) and with no chidren at age 40's is unpredictable. Yeah and remaining married in your 40s is also unpredictable with the added risk that one has more control over whether they get coupled or have kids than whether the...
by THY4373
Wed Mar 17, 2021 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Work from Home - Most Tax Friendly States (Not Cost of Living)
Replies: 76
Views: 5942

Re: Work from Home - Most Tax Friendly States (Not Cost of Living)

Hence, if you were in your 20's, 30's, 40's and could setup shop anywhere to WFH. Where would you go in true Bogleheads fashion? Dubai or Singapore. If you have to stay in the US (I don't know why, since you can WFH) then Puerto Rico. Some employers will allow WFH anywhere in US but explicitly excl...
by THY4373
Wed Mar 17, 2021 11:32 am
Forum: Personal Consumer Issues
Topic: Selling rare/expensive beanie babies
Replies: 56
Views: 5970

Re: Selling rare/expensive beanie babies

I did a similar search and the results didn't make sense to me. Filtered on "Sold Items" (only), ordered the results by highest price first. Yeah you are right there are some odd things going on as I didn't really dig deeper and I don't know if there are variances that make a difference b...
by THY4373
Wed Mar 17, 2021 10:21 am
Forum: Personal Consumer Issues
Topic: Selling rare/expensive beanie babies
Replies: 56
Views: 5970

Re: Selling rare/expensive beanie babies

Your friend needs to check actual sale prices on Ebay. Folks can and do post things at crazy prices. He/she need to register on Ebay and search items sold to see the actual prices that an object is getting. In my experience for rare collectable items that are easy to ship I have always done better o...
by THY4373
Mon Mar 15, 2021 11:52 am
Forum: Personal Consumer Issues
Topic: What are your travel plans in 2021 and beyond?
Replies: 149
Views: 9561

Re: What are your travel plans in 2021 and beyond?

For those who are trying to book trips, are prices for travel(airfare, hotels, car rentals) at bargain levels? If so, when do you expect prices to rise? It really varies. Car rentals are definitely not a bargain right now and likely to get worse as the supply of them is very low given the rental co...
by THY4373
Sat Mar 13, 2021 5:36 pm
Forum: Personal Consumer Issues
Topic: Anyone here live in AirBNBs full time?
Replies: 36
Views: 4140

Re: Anyone here live in AirBNBs full time?

How long would you stay in each country? It depends on many factors. I know I'd like to spend several months (at least) in Japan -- a country that I love. How do you receive mail, and what do you do about your health insurance? There are services that will scan you mail or you can have a relative t...
by THY4373
Sat Mar 13, 2021 5:34 pm
Forum: Personal Consumer Issues
Topic: Anyone here live in AirBNBs full time?
Replies: 36
Views: 4140

Re: Anyone here live in AirBNBs full time?

This sounds like a plan that seems ideal at the surface, but comes up with a thousand little unforeseen headaches. Travel can be quite stressful. Things don't always go as planned. Despite this, I have mostly fond memories of my trips abroad. To some extent some of these things are just all part of...
by THY4373
Sat Mar 13, 2021 4:15 pm
Forum: Personal Consumer Issues
Topic: What are your travel plans in 2021 and beyond?
Replies: 149
Views: 9561

Re: What are your travel plans in 2021 and beyond?

New Zealand Air just extended the trip credit from our cancelled May 2020 trip to June 2022. So hopefully we'll be able to see our friends in New Zealand in early 2022. Was looking at Aus and NZ for an early 2022 trip but I honestly think they and other countries pursuing a zero case strategy will ...
by THY4373
Sat Mar 13, 2021 12:26 pm
Forum: Personal Consumer Issues
Topic: What are your travel plans in 2021 and beyond?
Replies: 149
Views: 9561

Re: What are your travel plans in 2021 and beyond?

Not too much mention of overseas places to visit for Americans. We are a kind of pariah at the moment due to our huge rates of sick and dead. Given how well vaccination is going along with the fact that we already have a bunch of folks who have had it and presumably have some level of immunity, I t...
by THY4373
Sat Mar 13, 2021 12:19 pm
Forum: Personal Consumer Issues
Topic: What are your travel plans in 2021 and beyond?
Replies: 149
Views: 9561

Re: What are your travel plans in 2021 and beyond?

I have been booking various speculative trips on points since this started. Right now I have the following on the books: Just cancelled trip to Spain in May (flights got cancelled so just did a free refund to points). Trip to Japan in August. There is almost zero chance of this happening since they ...
by THY4373
Sat Mar 13, 2021 10:57 am
Forum: Personal Finance (Not Investing)
Topic: If I pay my income tax using my credit card with a high rewards percentage, do I need to pay taxes on the rewards?
Replies: 28
Views: 2972

Re: If I pay my income tax using my credit card with a high rewards percentage, do I need to pay taxes on the rewards?

I’d wait for IRS guidance on piddly transactions before twisting myself in a knot over something they likely don’t care about. Cheers I agree and the odds of them doing so is pretty low given their past practice. The judge actually called them out for this in the ruling, stating they should come ou...
by THY4373
Sat Mar 13, 2021 10:54 am
Forum: Personal Finance (Not Investing)
Topic: If I pay my income tax using my credit card with a high rewards percentage, do I need to pay taxes on the rewards?
Replies: 28
Views: 2972

Re: If I pay my income tax using my credit card with a high rewards percentage, do I need to pay taxes on the rewards?

But they do care about it—that’s why they went after the grad student in the case I linked. Granted, he made quite a lot from the rewards. IRS might not care if you don’t pay taxes on $100 cash back. But, for that little money, why risk an audit or worse? They only got on the IRS radar because the ...
by THY4373
Sat Mar 13, 2021 10:51 am
Forum: Personal Finance (Not Investing)
Topic: If I pay my income tax using my credit card with a high rewards percentage, do I need to pay taxes on the rewards?
Replies: 28
Views: 2972

Re: If I pay my income tax using my credit card with a high rewards percentage, do I need to pay taxes on the rewards?

Thanks for the link, this is very on point. If courts adopt this analysis in the future, I can see that likely the income that I described would be taxable. I am not a tax expert or a lawyer but I don't believe that decision has made rewards earned from bill paying ruled to be taxable. I don't thin...
by THY4373
Sun Mar 07, 2021 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Can I avoid a prenuptial agreement if I do this?
Replies: 86
Views: 5149

Re: Can I avoid a prenuptial agreement if I do this?

On the other side, I'm not sure I would want to "marry" someone in the traditional sense of a life-long bond through "better or worse" if the other party was making contingencies. Maybe better off just friends without taking that vow. I don't know that I get this. I mean every m...
by THY4373
Sun Mar 07, 2021 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 5135
Views: 968159

Re: What's Your Credit Card Rewards Strategy?

But that said, yes, there are people who have gotten wealthy using credit card rewards. You should familiarize with a recent legal case where a couple was forced to pay income tax on the $300,000 in credit card rewards they earned in one year. $300,000 is more than I make in a year. I know for a fa...
by THY4373
Sun Mar 07, 2021 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 5135
Views: 968159

Re: What's Your Credit Card Rewards Strategy?

The part that I find odd is that I thought that the CC companies had cracked down/were sensitive to manufactured spending. So I'm rather surprised that this degree of spend could be achieved in the current environment. The CC companies cracking down is somewhat overreported in my experience. In fac...
by THY4373
Sun Mar 07, 2021 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 5135
Views: 968159

Re: What's Your Credit Card Rewards Strategy?

You should familiarize with a recent legal case where a couple was forced to pay income tax on the $300,000 in credit card rewards they earned in one year. They actually weren't forced to pay tax on most of it. If you read the judgement the only taxable transactions were where they used CC to buy a...
by THY4373
Sun Mar 07, 2021 12:39 pm
Forum: Personal Consumer Issues
Topic: Buying Fine Art - advice needed.....
Replies: 71
Views: 4736

Re: Buying Fine Art - advice needed.....

I called the auction house and asked if they would put me in touch with the buyer, and they would not as expected. We assumed that the antiques dealer offering the painting was the buyer, and remember he was at around $10K in price. So we contact the antiques dealer and offered him around $4000, wh...
by THY4373
Sun Mar 07, 2021 12:25 pm
Forum: Personal Investments
Topic: Will probably never buy a home. What changes should I make to my investment plan/allocation?
Replies: 34
Views: 2607

Re: Will probably never buy a home. What changes should I make to my investment plan/allocation?

The great thing about buying a property with a mortgage is that it forces you to save every month. If you are disciplined, forced savings isn't a benefit. I rent and save about 42% of my gross income and I don't even consider myself that disciplined on savings compared to many here. My savings is a...
by THY4373
Thu Mar 04, 2021 10:33 am
Forum: Personal Consumer Issues
Topic: Anyone employ personal assistants? House managers?
Replies: 49
Views: 4181

Re: Anyone employ personal assistants? House managers?

I pretty amused that folks are suggesting OP get married to have a house cleaner, personal assistant, etc. I mean really?!?! Protip to you coupled folks who think us singletons want to get coupled or think that being coupled is the answer to some challenge our singletons face in our life, seriously ...
by THY4373
Wed Mar 03, 2021 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Medallion signature guarantee
Replies: 79
Views: 5590

Re: Medallion signature guarantee

I have needed them a few times in my life. In my early 20s they were needed to get my parents off my UGTM DRIP accounts and a local bank (I forget which was able to do this for me). More recently during my divorce my ex and I needed these to transfer stock assets to each other. Several local banks I...
by THY4373
Tue Mar 02, 2021 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Do wealthy people typically own multiple properties?
Replies: 39
Views: 2137

Re: Do wealthy people typically own multiple properties?

bigtex wrote: Tue Mar 02, 2021 12:14 pm I define wealthy as $2 million or higher net worth. That is about the top 5%.
I am within you definition and I don't even own one home. YMMV as always.
by THY4373
Mon Mar 01, 2021 11:47 am
Forum: Personal Consumer Issues
Topic: Want to be a nomad but not sure about keeping a house
Replies: 44
Views: 4206

Re: Want to be a nomad but not sure about keeping a house

We intend to be nomadic via an RV in retirement for 4-6 months out of the year. Renting in various locations for a few months at a time seems like a big headache due to having to move so much furniture and other things large items from place to place. I assume OP is renting furnished places like Ai...
by THY4373
Mon Mar 01, 2021 10:02 am
Forum: Personal Consumer Issues
Topic: Want to be a nomad but not sure about keeping a house
Replies: 44
Views: 4206

Re: Want to be a nomad but not sure about keeping a house

This is something I am planning on doing but haven't done it yet (still got a few more years of work ahead of me). I would sell the place and store the stuff you don't want to get rid off after downsizing. I don't think I'd rent a place as a home base unless I thought I was going to spend about half...
by THY4373
Tue Feb 23, 2021 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Exploring a move to California
Replies: 21
Views: 1784

Re: Exploring a move to California

Cannot help you much since I have only ever visited California but you may also want to do some searches here as moving to (and from) California seems to be a constant topic here. Lots of good information in those threads.
by THY4373
Mon Feb 22, 2021 9:55 am
Forum: Personal Finance (Not Investing)
Topic: How to compare Job incomes (with pension)?
Replies: 47
Views: 2999

Re: How to compare Job incomes (with pension)?

Don't forget the public service part of working for the federal government. Many folks believe in the mission. Compare that to many private companies where it feels like you are working just to enrich the boss or shareholders. No doubt but remember the political appointees set the mission and it ca...
by THY4373
Mon Feb 22, 2021 9:52 am
Forum: Personal Finance (Not Investing)
Topic: How to compare Job incomes (with pension)?
Replies: 47
Views: 2999

Re: How to compare Job incomes (with pension)?

I worked a federal job and left for the private sector. My reason for leaving was not for financial reasons although it has been more financially rewarding. I hated the six years I worked for the federal government. I worked for an agency that is always rated one of the best places to work in the f...
by THY4373
Sun Feb 21, 2021 11:07 pm
Forum: Personal Consumer Issues
Topic: Global Entry Interview conditional approval (365 day clock)...
Replies: 42
Views: 3942

Re: Global Entry Interview conditional approval (365 day clock)...

I'm guessing they are following a script? Plenty of renewals don't require an interview at all even pre-COVID. Quite possibly just saying in some circumstances they do seem to re-fingerprint. I honestly have no idea why they interviewed me on renewal given how perfunctory the whole thing was. It ac...
by THY4373
Sun Feb 21, 2021 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Unrecognized charge from COLOADTEST.com
Replies: 49
Views: 8154

Re: Unrecognized charge from COLOADTEST.com

What is really dumb is that if you try a chip card 3 times and it doesn't go you can run it with the mag stripe at 99% of stores. So it basically defeats the entire purpose of having the chip to prevent fraud. Someone could clone the mag stripe and put a dead chip on the card, try it three times, a...
by THY4373
Sun Feb 21, 2021 4:38 pm
Forum: Personal Consumer Issues
Topic: Global Entry Interview conditional approval (365 day clock)...
Replies: 42
Views: 3942

Re: Global Entry Interview conditional approval (365 day clock)...

Fingerprints are not captured at a renewal interview unless your fingerprints have changed since initial enrollment. My fingerprints were captured at my renewal interview yesterday and they haven't changed as far as I know. My in-person renewal interview lasted all of three minutes. A couple of bas...
by THY4373
Fri Feb 19, 2021 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance with cash out or split Investments-Divorce Settlement
Replies: 9
Views: 723

Re: Refinance with cash out or split Investments-Divorce Settlement

I guess we could hire an accountant to really drill down on the details... You might want to look for a "financial neutral" my ex and I used one for our collaborative divorce and ours was great. Probably the best money we spent on our divorce. Basically they run the numbers and come up wi...
by THY4373
Fri Feb 19, 2021 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Unrecognized charge from COLOADTEST.com
Replies: 49
Views: 8154

Re: Unrecognized charge from COLOADTEST.com

I got this on a rarely used Amex card I have. Called Amex and the lady said I was one of many who she had spoken to in the last 24-hours about this.
by THY4373
Thu Feb 18, 2021 1:41 pm
Forum: Personal Consumer Issues
Topic: Airfare Question. Does this work
Replies: 14
Views: 1382

Re: Airfare Question. Does this work

So separate tickets present their risks, I use them quite a bit to mix long haul travel on points with paid cash fares short haul. I assume you are booking DEN>KEF round trip on one ticket and KEF>CPH one way? If so you have two risks potentially that may or may not be much of a risk depending on th...
by THY4373
Tue Feb 16, 2021 12:06 pm
Forum: Personal Consumer Issues
Topic: Best Combination of Travel Cards?
Replies: 87
Views: 4913

Re: Best Combination of Travel Cards?

When collecting "airline miles" you want to loyal as possible to one airline. I think this depends heavily on circumstances. If your ability to generate points is only enough for you to build critical mass (i.e. a number of points that is usable for the redemptions you want) in one airlin...
by THY4373
Sat Feb 06, 2021 11:07 am
Forum: Personal Investments
Topic: Virginia 529 Plans
Replies: 11
Views: 482

Re: Virginia 529 Plans

When I look at the state income tax deduction of 5.75% for $4K I just figured I’d rather use Vanguard than get a couple hundred bucks a year. But now I am realizing on $4200 a year I am basically throwing away a free nearly 6% return. BTW the VA tax deduction is actually more generous than you thin...
by THY4373
Fri Feb 05, 2021 5:34 pm
Forum: Personal Investments
Topic: Moving to 0% income state tax.
Replies: 44
Views: 3597

Re: Moving to 0% income state tax.

Not directly related to your question but make sure whatever company you are working for is ok with you working for them overseas on a regular and ongoing basis. Full-time telework doesn't always mean work from anywhere. My company which has been doing teleworking for quite a long time generally wou...
by THY4373
Fri Feb 05, 2021 10:50 am
Forum: Personal Consumer Issues
Topic: New vs. Used car shopping
Replies: 22
Views: 2163

Re: New vs. Used car shopping

Some advantages to buying used: 1). Cars with steep depreciation curves are often much cheaper used than new. I have often bought 3-5 year old vehicles that are 25-33% of their original retail price (I acknowledge that many folks won't pay retail but I am still way ahead). I personally hunt for unlo...
by THY4373
Wed Feb 03, 2021 8:10 am
Forum: Personal Investments
Topic: Did I win the game? What shall I do with this money?
Replies: 58
Views: 6362

Re: Did I win the game? What shall I do with this money?

Go ahead and buy the boat but be aware that life can throw some nasty curveballs. Personally, I'd keep saving something. Yep OP might not be able/want to work until 62 and divorce is always a risk as well and it is often not obvious until it is too late (I initiated my divorce and still didn't see ...
by THY4373
Tue Feb 02, 2021 7:05 pm
Forum: Personal Consumer Issues
Topic: Good time of year to buy a used car or wait?
Replies: 10
Views: 1321

Re: Good time of year to buy a used car or wait?

After 50 years of driving I have given up on used cars. I have purchased used and new over the years and for me purchasing a new car and driving it for 10+ years and 150,000 miles has been by far a better value than buying used. There are many roads to Rome and a lot is going to depend on the miles...
by THY4373
Thu Jan 21, 2021 9:42 am
Forum: Investing - Theory, News & General
Topic: Are We in Another Housing Bubble? (Charlotte NC region)
Replies: 59
Views: 4895

Re: Are We in Another Housing Bubble? (Charlotte NC region)

That said, the NYC & Boston wages were set in some ways relative to the cost of living there...so if that model no longer exists those employees should not expect to earn those types of wages if they migrate out. It'll take time, but your wage will eventually be set in part by your zip code IMO...
by THY4373
Sun Jan 17, 2021 1:52 pm
Forum: Personal Consumer Issues
Topic: eBay Listing Low Shipping Cost
Replies: 13
Views: 1100

Re: eBay Listing Low Shipping Cost

I have noticed that some items by ebay sellers appear to be shipped from the office mailroom of their day job, so they are not paying for the shipping themselves. This is wrong, but there is no way to tell until you get the item. It is also possible they are reimbursing their employer. I have a fri...
by THY4373
Fri Jan 15, 2021 5:24 pm
Forum: Personal Consumer Issues
Topic: Is anyone playing the Future Cruise Credit game?
Replies: 16
Views: 1875

Re: Is anyone playing the Future Cruise Credit game?

Personally I am not and not just because I am not into cruises because even if I was I would not play the game. Basically you are an unsecured creditor and I am not sure 25% bonus is enough for me to take on that risk right now. I am still accumulating some airline points but most airlines (at least...
by THY4373
Fri Jan 15, 2021 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Should I walk away from nice pension? Is it worth it?
Replies: 48
Views: 6586

Re: Should I walk away from nice pension? Is it worth it?

Of course there are exceptions and no two agencies are alike. All i know is that if i had to choose between two different jobs sight unseen, and one was a government job at 60k and the other was a megacorp job at 100k, i would take the government job hands down. And I'd make the exact opposite deci...