|
08-30-2016, 10:56 PM | #391 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
|
Oh, and I charge literally everything I can for the rewards. Everyday expenses, monthly bills - everything. If they let me charge it, I do. I probably rack up around $50-$75 in rewards every month. As lewdog said, you just have to be sure you have the discipline to never spend more than you can immediately pay off. Carrying balances is bad mmkay.
|
Posts: 52,465
|
08-31-2016, 07:18 AM | #392 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
|
|
Posts: 57,873
|
09-01-2016, 04:42 AM | #393 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
|
Quote:
I was already on edge because I don't like how they pay the money back but the %s were high enough it seemed like it might be worth it. |
|
Posts: 6,387
|
09-01-2016, 07:52 AM | #394 | |
MVP
Join Date: Aug 2000
Location: Lee's Summit
|
Quote:
It's as simple as that. It literally is a savings account. |
|
Posts: 8,290
|
09-01-2016, 08:32 AM | #395 | |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
|
Quote:
|
|
Posts: 52,465
|
09-08-2016, 05:23 PM | #396 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
|
Finally pulling the trigger on a refinance for the mortgage. Locked in a 3.625% rate today and couldn't pass it up. Should save us about $150 a month on our mortgage. Just have to complete the paperwork and appraisal. We still plan to pay our current mortgage rate, as it's plenty comfortable for us. This should allow us to pay off our mortgage sooner.
|
Posts: 46,123
|
09-08-2016, 05:25 PM | #397 |
Banned
Join Date: Jan 2013
|
|
Posts: 53,803
|
09-08-2016, 05:33 PM | #398 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
|
I was pretty jacked! Our current rate is 4.625% that we got in Feb of 2014. Reason it was higher is that my wife's credit score was about 730 at the time, and they use the person with the lowest credit score for approval. This time mine was 805 and her's was 790, so he said our super high credit score would get us a great rate.
|
Posts: 46,123
|
09-08-2016, 05:42 PM | #399 |
TACO SALAD
Join Date: Apr 2008
Location: yes
|
|
Posts: 6,387
|
09-08-2016, 08:42 PM | #400 | |
Keepin it Real
Join Date: Sep 2004
Location: Oklahoma
|
Quote:
Anyways, we've built up close to $300 this year in rewards for Christmas. |
|
Posts: 10,497
|
09-09-2016, 10:07 PM | #401 |
Banned
Join Date: Jan 2013
|
Hey guys. I've got a friend who is new to the 401K thing, though he has around $25K so far. He is same age as me, 50. His company matches up to 4%. He is contributing 10%.
What would be the the best 401K portfolio for a guy like that? He'll assume more risk as he'd like to maximize over the next 15 years. Don't know his salary, but in the 28% bracket. I recommended small/midcap fund but would like to hear other's thoughts. And those went to shit today. Down 2.75%. Thank you Gentlemen, eDavid |
Posts: 53,803
|
09-09-2016, 11:01 PM | #402 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
|
Quote:
|
|
Posts: 57,873
|
09-10-2016, 06:01 AM | #403 | |
Beloved & Awesome CP Celebrity
Join Date: Aug 2000
Location: Florida
|
Quote:
|
|
Posts: 35,705
|
09-10-2016, 06:47 AM | #404 | |
Beer Sherpa
Join Date: Oct 2001
Location: shackled in a cellar
|
Quote:
I use the Amazon Card (at Amazon for 3% and Walgreens for 2%) and the Costco card (pretty much everywhere else but the grocery store for the reasons mentioned above--plus 3% on travel). I also have an American Express Blue Cash Preferred. It comes with a $95 annual fee, but offers 6% cash back at grocery stores for up to $6,000. Even if you subtract the $95 fee from your potential reward (.06 * 600 = 360) you would end up with $265 in rewards if you spend $500 a month at grocery stores. If you spend less than $500 per month at grocery stores, you might be better off with the America Express Blue Cash (Not Preferred) because it has no annual fee, but only offers 3% cash back at grocery stores. We spend plenty at grocery stores, and so the Preferred Card nets us over 4% in a year on a good deal of our groceries. |
|
Posts: 1,736
|
09-10-2016, 07:45 AM | #405 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
|
Quote:
I would select 5 sectors for someone our age, I'm 53. 1. S&P and large cap 25% 2. Total return 20% 3. International Fund 15% 4. High Growth 20% 5. High Yield 20% If rates start to rise move money out of high yield. My portfolio allocation is attached from today's Paychex login |
|
Posts: 52,471
|
|
|