The Atlantic just ran a piece on this today! https://www.theatlantic.com/technology/archive/2019/08/where-do-all-unused-gift-cards-go/596860/
That is an EXCELLENT point!
I think we’re looking at the same thing in different ways.
More info about the three-fund portfolio strategy here, btw: https://twocents.lifehacker.com/simplify-your-investments-with-the-3-fund-portfolio-1831746735
I’m 37, and my Vanguard app also says I should shift to 90/10. The reason my portfolio ended up the way it did was because I began with a Boglehead three-fund portfolio at 60-20-20 (60% domestic stock, 20% international stock, 20% bonds), which is still essentially what I’ve got, plus or minus a few percentage points.
Not sure if there’s a specific one just for this, but most to-do and list apps should work. Just create a list called “don’t buy,” or “use up,” or something like that.
I’m not sure, since I don’t have access to the original study. The MarketWatch piece gives a little more info:
I think we’re both saying the same thing! If you take out a new 30-year loan, the clock starts over at 30 years.
That is an EXCELLENT piece of advice.
Not necessarily. I earn AAdvantage miles on a Citi credit card, for example—I’d expect those miles to remain in my American Airlines account (along with the other AAdvantage miles I’d collected for flights and etc.) if I closed the Citi card.
Because that’s how they’re commonly correlated, though I agree that there can be other factors involved. https://www.pewresearch.org/fact-tank/2018/09/06/are-you-in-the-american-middle-class/
That is correct! Many banks and credit cards offer that service for free.
According to Equifax’s FAQ, Alternative Reimbursement Compensation refers to the $125 that people can elect to claim in lieu of free credit monitoring. The complete description of what you can receive, including the qualification that “if there are more than $31 million claims for Alternative Reimbursement…
Excellent, thank you!