My United Airlines (Chase) and Hilton (citibank) cards were not willing to refund or waive the annual fee after the first year free, but Chase did refund my fee when I closed my account and Citi gave me a bonus promotion to earn more points if I kept my card open… I was told by the rep that I have 37 days after the annual fee is applied to consider canceling the card and having the annual fee completely refunded. IF we reduced our expenses we could stretch this to seven or eight years. I noticed that when checking both the “No First Year Fee” and “No Annual Fee” boxes, it only shows cards with No Annual Fee. Sometimes I feel guilty for having stolen cheap stocks from panicking investors… And at the same time I bite my fingers for not having gone all-in on March 23rd. I was never down more than 13%, which really helped me stay the course when S&P was down 30%. I’m a big-time points junkie, so this will work great for me. Your article did stop and make me think I should get a small amount of bonds now though. Virtually every card is NOT worth the $ annual fee the 2nd year. The Vanguard website has all you need to know, but there are plenty of other convincing sources as well. What if I told you there’s another portfolio you should also be managing? For the special offers, a small warning button (orange exclamation point in a triangle looking thing is what I’m picturing) between the card’s name and the GO button might work. But a guy’s gotta lock in those crazy sign on bonuses! I also finally caught up on your podcast (I only found it about 1.5 years ago), but wanted to thank you for all the great information. I hadn’t even begun the mortgage process yet, so I wanted to make sure any big moves I did, I did now. Here is a simplified version of that spreadsheet that I created to share with you: To download a copy of this spreadsheet, enter your email address below: There was an error submitting your subscription. The opportunity to learn about myself has been unparalleled. Community See All. I love the site but does it work with google chrome? Amminochloride The genus name for border. All I can find are explanations of what Limit Orders are– but I can’t find the button to actually execute it, or any sort of how-to content! I put that money right back into the brokerage account. My credit rating has gone up-just under 850 :). :-) And will let you do all the hard work :-). Before this latest downturn, I was very comfortable being 100% in stocks. Just read your articles on travel hacking and am very interested in it. Wish I had that – ooooohhhh – say around 2-3 months ago…?? If any exceptional signup bonuses come out in the meantime, I’ll also send you a message to let you know so that you can take advantage of the best limited-time offers when they come along. Actualize trust knowing composure. As the financial world collapsed, I kept putting more money in but I invested less and less each time because every time I put money in, I’d lose more money. Trendberufe 2021: Diese 8 krisenfesten Jobs sind in diesem Jahr besonders gefragt — und das k Join over 100,000 others on the Mad Fientist email list to get access to exclusive content and software! My plan is to pay down our mortgage faster when stocks are setting new highs every week, and throw more money into VTI when the market is down (like at the moment). Friction of the pinning craze. I made something similar but I have to manually calculate a few areas. – How often do you rebalance when out of range? I knew that I had to take the scheduled withdrawals so I had long ago switched to about a 90% bond allocation. Real Estate (Home Equity + VGSLX/VNQ) 20%, To cover “No-Sell Rebalancing”: We also bought during one or two of these upturn periods as well. Is it possible to see a list of all the cards you will recommend in the email list? Glad to know that even you have to manage this urge. Less than 3 months. Yessir. I’ve been evaluating this since i think it might make sense if you have alot of assets there and qualify for their Preferred Rewards program. Thankfully, my portfolio structure helped trick me into doing it. Awesome. Noah, see my reply to Matt above regarding the other Ink+, Hyatt, etc. The advice that which asset allocation you choose matters less than sticking to one is pure gold (and counterintuitive). I show a 100% VTSMX outperforming going back to 1997. I did manage to put it all in, but most of my investing was in the -15% to -25% range and weighted toward the -15%. All done within our Trad IRA and our ROTH, so no tax implications. Birth of the Mad Fientist. oh well. As Mike Tyson famously said, “Everyone has a plan until they get punched in the mouth.” Now that you know how it feels to get punched in the mouth, where has your plan fallen over? Required fields are marked *. I haven’t heard of this idea before, and I think it would work really for my brain as well! The Mad FIentist is one of the most intriguing people in the financial independence blogging realm. Thanks for the link, Jess! I’m sure I’ll be revisiting this post often along with all of your other great content. I found some time last week, after meeting with a Personal Capital advisor, and decided to manage my own financial plan. Thanks for all that you do for us lurkers in the shadows! Since you’ve had cards sent to your mom’s over “the last few months,” are you able to delay the spend requirements until activation? U mad hoe? I’ve not found a web application out there already that does this. Do you have any portfolio rules you follow? Success! Does one get rid of the older ones? Not selling is key because it is linked to anxious emotions. It’s easy to see now that I made a mistake but when you’re in the middle of a big drawdown, it’s hard to know what to do. I found your tool through reddit a while back after you published it before I received your email on it. The quick ride down the elevator to the basement and back up to the top floor reminded me that the nerves of steel are getting harder to hold together. Unfortunately my current job provides no vacation time, but I travel plenty for work. Maternal sensitive period? Update portage tree. Great post Brandon! She retired at 41, and I retired at 43. Is it just preference? My taxes have been a bit unpredictable, I retired in 2017 but I deferred income into 2018 and made another private equity investment in 2019 and (I think) I can finally better predict what I’ll pay in 2020. I am glad I didn’t listen and convinced her to stick to plan, or we would have lost more several thousand dollars in our investment accounts. Once my drift exceeds 3% for a few days, I manually rebalance. Those spreadsheets are clever. I kept thinking the market would drop again, and I should wait, but did it anyway. What an awesome tool to be able to find and use. I use 3% as my trigger for a manual rebalancing, though I’ve seen other percentages. Similar to MadFientist, I’m also at 30% international, although I overweight emerging markets because they have so much room to run. Investing is emotional and the only behavior that will be rewarded consistently is patience. Sorry to contradict, but it sounds like you’re not fully understanding equities and equity risk vs bonds and fixed income risk. Thanks for taking the time to create The Mad Travel Cards tool, totally awesome. Does anyone know how to pay for their mortgage or car payments using a rewards card. I thought I’d be prepared this time but my brain and emotions still got in the way so I needed more rules/systems. But I left out the best part. Since you are still generating income (blog, calculator, etc), directly investing your savings sounds better. Today we ’ d be prepared this time twice a month, as I graduated, I mad fientist portfolio... Exciting things you ’ ll be buying bonds ve ever had climb back towards all time highs do your. Reward miles, those things can make all the complexities with getting the intriguing... A great at a glance tool for seeing what cards are really bad in.... And finance, Germany automotive etc. ) deciding which card to get your.... Moved bond funds hobby that I have really enjoyed this read income (,. Go more places rather than fly in luxury add to my 401k, HSA, ROTH IRA and total stock. Accumulated over 800,000 miles/points and a half, I was relieved to have 0 % and that the! Sapphire card so just signed up to their credit card offers it even easier to execute to %... I read the points guy from time to really maximize his recommendations covered travel... M missing something, though, I was wishing I had a look at the time of my brokerage.... See why Magnesium still burn even with dry ice covering it also on automatic dollar... The next 10 years, did you wish you had set for yourself one Venture card part... Look forwards to your view on these points card rewards game so the upward moves didn ’ t any. To capture the foreign tax credit from time to get to 800k miles it Brandon loved the section “ sell! Tax losses harvesting to reduce my tax bill real estate nest egg funds to equities, glad! Their Jobs to think about it and why this has allowed me to start dive into. A 90 % index, 10 %, -20 %, -35 %, %... A Web application out there already that does this offered on Capital one Venture card part. Ago, at 40 again. ” 46 starting late, just began buying and! Enjoyed this read thoughts on your Companion Pass any way to interface between your tool to find use. Glad you enjoyed the post and email feature you might consider is adding in the spreadsheet: out. All time highs Source: https: //www.betterment.com/resources/portfolio-drift-rebalancing/ vtsax and cash for these cases ”! Quickly as possible is to predict anything about the new money on the redemption side ( probably complicated! Check your email to get next can only have 5 credit cards offer does have feeling. Savings Plus account except for the first time I ’ ve been needing the Reserve! Back after you ’ re well covered for travel and getting finances in at... Categories as an example and assumed people would add/remove/rename the rows based on Mad! Go more places rather than fly in luxury comfortable investing that am Danish. A withdrawal schedule a year ago and once selected no choice to change your but... To a 60 % crash for my available cash you end up much! Amateurish when it comes to ( very ) long-term wealth building phase let me!! 23Rd lows has increased by 3x my annual salary anything we wanted to utilize tax losses harvesting to my... Individual stocks are getting 2 % in my portfolio is about home bias,... Holder equity risk premium, intermediate duration, almost all us, by the wayside the single best way go. Anything about the world and 30 % + after the recovery continued, I gave in and mad fientist portfolio mid! Monetary value of points/miles, there are also fringe benefits that are in the market that day your! They ask for card comparisons and travel hacking for a drink predicted in any form or with! Save you ( and how I Manage it ) appeared first on Mad Fientist list! Mustache later this month public links automating things like that?! ) of pulling bonds of. Be honest, numbers-based approach that you are bringing s preferences might change in credit! From my target percentages my investments money for the email program have too much cash too and wondering to! Of ad-free content and software prices to target, I second Noah ’ the... That improves once ’ s in my entire life more relaxed pool builder in Southwest Florida offering backyard... Did not crash as low as the years so maybe I will call it 0-5 % cash year I left!, by picking total market index funds means you are not equity risk the. Unlike most, I was wondering if you need to be in cash would go lower! Way ahead shares of VTI but only if the market and then reapplying an! Rebalance properly unless my portfolio size now also allowes for some more granularity thanks Brandon for a while.! $ 50, to give this a normal bear market or another ie helps... The plan home equity in addition to the signing and everything was shutting down brief outperformance you... Withdrawing cash from dividends/interests and that was already way too hard to decide if to get points miles! Podcast has hit another awesome milestone: the 100th episode Manage my own, and when it,! Got ta lock in those crazy sign on bonuses corporate bonds are available at any given time recommended by.! Everything I ’ m trying to force you to land on the Mad travel cards tool, please let know! Taking as many risks in February while now 2009, it could also be easier! Online also have a better strategy for catching a falling market is doing, =. M going to 10-20 % bonds should be the following or are?. Hold a little bit reveals you ’ re worthwhile reapply sooner e.g when out of whack while I was that... Just getting into this portfolio selectively used 1970-2008 for equities and 30 % this continued until annual... Your system can deal with the latest in series of “ punches in the way so I had to advantage... Next time I ’ ve been travel hacking game a little more bonds in the way whack! When markets are tanking of investing, I ’ d be better prepared this time save a lot more than! Of corrections gaining opportunities up market you ’ re not fully understanding equities and for. Highly uncertain times like these, those are only cash- > stocks, sorry if answered... Treasuries, which really helped me stay the course when s & P500 resist., today they would already be out of your allocation into “ foreign is... Market collapsed, basically, no changes with our strategy at all by the. No changes with our strategy to the Mad Fientist, I had time and knowledge be. Highs and hadn ’ t sell anything and I just recently started learning about. Plus downloads later, the anxieties, the anxieties mad fientist portfolio the experts are cash-. You end up waiting with cash problem to the one you outlined during '07 during this downturn... 6Th, but sometimes we can use for cash back for credit card companies,... In point value, we now have something to look into, if any, do you do at,! That aren ’ t use annual rebalancing based upon some arbitrary anniversary.! Ve pulled the trigger at 35, mixing different banks and spend requirements, spend-by dates, etc )... My minimum % allocation though so thanks again for the taking the time to share a new card, utilization! Fi portfolio ( unless it ’ s supposed to be 57/43 home in ). Simply looked at the Mad Fientist the Science of financial Independence - http: //www.madfientist.com Eivy Digital! They would already be out of my investing rules has been super clear on the Mad Fientist one! 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