Talking stocks, trading, and investing in general

[otc]

Delta's fine too, especially now that I'm not in a massive United hub anymore. I expect I will be pretty split between United and Delta since Delta flies nonstop to my parents and United flies notstop to the office/friends in Chicago. Possibly Alaska as well for west-coast stuff.

American operates some nonstops to Chicago, but it is seasonal/not daily and they are way less useful for any other flights as they don't connect via SLC or DEN like Delta/United. DFW is a non-starter.

My wife needs a new credit card as Southwest is basically useless to us now. I'd have her get the Delta card so we can use the same priority boarding/free bags that I get with United, but she's a 1-credit card person and an Amex just isn't going to work for that.

Trying to decide if she should get an Alaska card even though we are unlikely to fly them that much or if she should just get something like the Chase Sapphire Preferred (between her low spend and limited usability of hte benefits, I don't think the annual fee on the Reserve is worth it).

 

[HRoi]

For a low spend customer, I might just find the highest yield cash back card and call it a day

(Is there a credit card benefits thread)

 

[jbarwick]

For a low spend customer, I might just find the highest yield cash back card and call it a day

(Is there a credit card benefits thread)

What counts as low spend? We use the Citi Double Cash for 2% though I would look at a specific travel card since our monthly expenses have crept up over time

 

[amerikajinda]

I found a good tool for looking into what holdings you actually have in your Mutual Funds and ETFS:

Charles Schwab

What are your Top 50 holdings? Mine are, in order:

1 Apple, Inc.

2 Microsoft Corp

3 Amazon

4 Tesla

5 Alphabet Class A

6 Johnson & Johnson

7 UnitedHealth Group Inc

8 NVIDIA Corp

9 Visa Inc

10 Alphabet Class C

11 Procter & Gamble

12 JP Morgan Chase & Co

13 Cisco Systems Inc

14 Exxon Mobil

15 Meta Platforms

16 Berkshire Hathaway

17 Broadcom

18 Pfizer

19 The Home Depot

20 PepsiCo

21 Raytheon Technologies

22 Mastercard

23 LVMH Moet Hennessy Louis Vuitton

24 AbbVie

25 Coca-Cola

26 Eli Lilly and Co

27 ConocoPhillips

28 Costco Wholesale

29 Adobe Inc

30 Qualcomm

31 ASML Holding NV

32 Chevron Corp

33 Merck & Co

34 Bristol-Myers Squibb Co

35 Canadian Natural Resources Ltd

36 Taiwan Semiconductor Manufacturing

37 Texas Instruments

38 The Goldman Sachs Group

39 Salesforce

40 Reliance Industries

41 Bank of America

42 Airbus

43 Amgen

44 Wells Fargo & Co

45 Comcast Corp

46 Lockheed Martin

47 Verizon Communications

48 Starwood Property Trust

49 Nike Inc

50 McDonald's Corp


As for credit cards, I use the Platinum Amex (redeem for 1st class international flights), Rose Gold Amex (4% on restaurants and groceries), Chase Sapphire Preferred (redeem for 1st class international flights) and the Citi Costco card for gas.

 

[brokencycle]

I found a good tool for looking into what holdings you actually have in your Mutual Funds and ETFS:

Charles Schwab

What are your Top 50 holdings? Mine are, in order:

1 Apple, Inc.

2 Microsoft Corp

3 Amazon

4 Tesla

5 Alphabet Class A

6 Johnson & Johnson

7 UnitedHealth Group Inc

8 NVIDIA Corp

9 Visa Inc

10 Alphabet Class C

11 Procter & Gamble

12 JP Morgan Chase & Co

13 Cisco Systems Inc

14 Exxon Mobil

15 Meta Platforms

16 Berkshire Hathaway

17 Broadcom

18 Pfizer

19 The Home Depot

20 PepsiCo

21 Raytheon Technologies

22 Mastercard

23 LVMH Moet Hennessy Louis Vuitton

24 AbbVie

25 Coca-Cola

26 Eli Lilly and Co

27 ConocoPhillips

28 Costco Wholesale

29 Adobe Inc

30 Qualcomm

31 ASML Holding NV

32 Chevron Corp

33 Merck & Co

34 Bristol-Myers Squibb Co

35 Canadian Natural Resources Ltd

36 Taiwan Semiconductor Manufacturing

37 Texas Instruments

38 The Goldman Sachs Group

39 Salesforce

40 Reliance Industries

41 Bank of America

42 Airbus

43 Amgen

44 Wells Fargo & Co

45 Comcast Corp

46 Lockheed Martin

47 Verizon Communications

48 Starwood Property Trust

49 Nike Inc

50 McDonald's Corp


As for credit cards, I use the Platinum Amex (redeem for 1st class international flights), Rose Gold Amex (4% on restaurants and groceries), Chase Sapphire Preferred (redeem for 1st class international flights) and the Citi Costco card for gas.

Based on your portfolio I would have expected 82 cards.

 

[Omega Male]

What counts as low spend?

Under $1 million a year in Manhattan.

 

[Jr Mouse]

 

[venividivicibj]

 

[patrickBOOTH]

I used to have a Platinum card, but I found that I don't spend enough (earn enough) to really get the most out of the benefits. It would take me 4 years to get a coach ticket half way across the country. This is stupid. I use another card now that gives 6% back at grocery stores, 3% for transportation (uber, taxis) and 1% for all else. It is Amex Blue Preferred or something like that.

Also, my top 50 holdings are whatever the top 50 holdings in the S&P 500 are.

 

[otc]

For a low spend customer, I might just find the highest yield cash back card and call it a day

(Is there a credit card benefits thread)

It isn't a total dealbreaker, but I am finding that cashback cards tend to have foreign transaction fees...often quite high (3%).

For a one-card wallet for someone who likes to travel, that's a little hard to stomach. You'd have to actually do the math on it though...I'd guess that it probably still comes out ahead given that A) I assume you still earn cashback on the foreign purchase, and B) You'd have to travel a lot for it to really matter.

The fidelity 2% card seems to still be available...and it only charges a 1% foreign transaction fee so it is still net positive and it is a full visa signature card for whatever that's worth.
You have to jump through a hoop to convert the reward into cash in a fidelity account, but that's not a huge obstacle.

 

[Omega Male]

 

[HRoi]

Bofa?

 

[Omega Male]

Bofa?

No I think it's from their sell-side affiliate Sugondese.

 

[brokencycle]

View attachment 1804924

View attachment 1804926

I don't the government telling me what to do. I'm going to sell.

Oh wait, wrong thread.

 

[venividivicibj]

Ed's favorite lawfirm