Search found 90 matches

Return to advanced search

Wells Fargo "Wells-Trade" Brokerage Questions

To anyone who currently uses Wells Fargo for their brokerage account, I am a bit confused by their promotional materials regarding fees for investing in Vanguard mutual funds (not ETF's). After reading their website and speaking with my banker, it appears to me that VG mutual funds are free of trans...
by fcox85
Tue Jul 29, 2014 4:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: Wells Fargo "Wells-Trade" Brokerage Questions
Replies: 12
Views: 684

Re: Who do you talk with about your financial goals?

I discuss finances and financial goals pretty openly with my family, and so does my wife. To be a bit more specific, we discuss where we stand, our big plans, income level, budgeting, debt load and general financial health with our parents (I am 29, she is 26). We don't discuss investing in great de...
by fcox85
Wed Jul 02, 2014 11:09 am
 
Forum: Personal Finance (Not Investing)
Topic: Who do you talk with about your financial goals?
Replies: 158
Views: 9168

Re: Help with Patio! -- Pavers v. Concrete

Skipping the foundation prep work on pavers (and concrete) is nuts. Why don't you just put the pavers on the grass that you have now? "Hey we did this patio in 2 hours!" Tell the concrete guy to skip the base prep work too? This is in the category of penny wise and pound foolish. You clea...
by fcox85
Mon May 12, 2014 10:07 pm
 
Forum: Personal Consumer Issues
Topic: Help with Patio! -- Pavers v. Concrete
Replies: 25
Views: 2422

Re: Help with Patio! -- Pavers v. Concrete

Peterjens wrote:P.S. A firepit would be a good addition.


That's definitely part of the plan as well.
by fcox85
Mon May 12, 2014 2:43 pm
 
Forum: Personal Consumer Issues
Topic: Help with Patio! -- Pavers v. Concrete
Replies: 25
Views: 2422

Help with Patio! -- Pavers v. Concrete

We bought our house last year, and now have some projects we need to complete. Among others (replacing rotten siding, painting, sod, landscaping), my wife and I are about to spend some money to create a patio in our back yard. We are weighing the options between DIY stone pavers v. poured concrete b...
by fcox85
Mon May 12, 2014 1:47 pm
 
Forum: Personal Consumer Issues
Topic: Help with Patio! -- Pavers v. Concrete
Replies: 25
Views: 2422

Re: What our company's 401k Advisor said about 1.5% Fees

I work for a law firm w/ about 25 employees. Our 401(k) plan does have some pricier options, but we also have an entire slate of VG TR Funds, as well as Admiral Shares of SP 500, Total Int'l, Total Bond, Mid Cap, Small Cap, and a few other VG funds. Based upon what I read on these forums about other...
by fcox85
Fri May 09, 2014 2:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: What our company's 401k Advisor said about 1.5% Fees
Replies: 113
Views: 15212

Opinions on 401(k) Fund Options for US Equity

Currently, my 401(k) has a lot of great options. Our plan has a full range of VG TR funds, as well as the following VG "Signal" class funds: Total Bond, Total Int'l, 500, Small Cap, Mid Cap. Obviously missing from our family of Signal funds is TSM. As far as the US Equity portion of my por...
by fcox85
Fri Jan 24, 2014 11:31 am
 
Forum: Investing - Help with Personal Investments
Topic: Opinions on 401(k) Fund Options for US Equity
Replies: 3
Views: 126

Re: Pros/cons of home funding approach?

From a legal perspective, I think a much cleaner solution is to fund the construction of the home yourself, and title the property only in your name. Once you are married, you can simply deed the property to both yourself, and your then-wife. This way, you avoid the potential legal/ownership pitfall...
by fcox85
Thu Jan 16, 2014 1:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: Pros/cons of home funding approach?
Replies: 8
Views: 448

Re: New Republic Wireless Monthly Rates

My hesitations with going full-tilt into RW are: (1) Do the RW phones transition smoothly/unnoticeably between WiFi & cellular during calls? (2) I've always heard ill spoken of Sprint's network... But then, I've also heard they're making heavy investment in network improvements... Also, it appe...
by fcox85
Thu Dec 26, 2013 10:03 am
 
Forum: Personal Consumer Issues
Topic: New Republic Wireless Monthly Rates
Replies: 5
Views: 875

Re: 24yo pharmacist seeking advice/input

Hey Dave I'm 23 and also plan to retire early(around 50-55) the most important factor for achieving this goal IMO is savings rate. I plan to live like a college student for as long as possible. If you can do the same I see no problem for you to retire early. I tend to agree. You mentioned in your O...
by fcox85
Wed Dec 04, 2013 1:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: 24yo pharmacist seeking advice/input
Replies: 18
Views: 1844

Re: Online Banking

I used Ally for a while prior to getting married, and loved it. I appreciated that I was always reimbursed ATM fees charged by other institutions' machines, and that Ally never tacked on any fees of their own. Also, I appreciated that Ally did not require minimum balances, and that their debit card ...
by fcox85
Fri Nov 15, 2013 11:01 am
 
Forum: Personal Finance (Not Investing)
Topic: Online Banking
Replies: 29
Views: 2625

Re: Should I guide my kids to bogleheads.org NOW

Maybe better to start them off by pointing them to some of the recommended books on this site? Then point them toward the site as a follow-up.
by fcox85
Tue Nov 12, 2013 9:15 am
 
Forum: Personal Finance (Not Investing)
Topic: Should I guide my kids to bogleheads.org NOW
Replies: 23
Views: 1371

Any Good Income Tracking Spreadsheets?

Can anyone out there direct me to some good income tracking spreadsheets/programs? While I am salaried, my wife has a variety of income sources, some of which are more irregular. I need to start doing a better job of tracking these sources, so it's not as much work come tax season. Anyone have a goo...
by fcox85
Sun Nov 10, 2013 8:43 am
 
Forum: Personal Finance (Not Investing)
Topic: Any Good Income Tracking Spreadsheets?
Replies: 9
Views: 1005

Vanguard Website Trouble??

A while back, I created a Vanguard Roth IRA for future use, when I'm able to begin contributing more to retirement savings. As with all accounts, I linked it to my Mint account, even though there's no money presently in my account. I began noticing that it was always having trouble connecting to Min...
by fcox85
Sat Nov 09, 2013 9:45 am
 
Forum: Investing - Help with Personal Investments
Topic: Vanguard Website Trouble??
Replies: 3
Views: 855

Re: Help a young man retire!

I know that you're asking for advice on your portfolio, but I thought I'd throw this out there as well. You and your wife already make a good living (even though you're still in residency), and I would be willing to bet your living situation and benefits are pretty good, given that you're active dut...
by fcox85
Fri Nov 08, 2013 11:20 am
 
Forum: Investing - Help with Personal Investments
Topic: Help a young man retire!
Replies: 13
Views: 2190

Re: If you could have only one fund, what would it be?

Vanguard Total Stock Market Fund
by fcox85
Wed Oct 30, 2013 10:36 am
 
Forum: Investing - Theory, News & General
Topic: If you could have only one fund, what would it be?
Replies: 124
Views: 22050

Re: How many square feet is your home?

~1,850 sq. ft. 3 Bedrooms, 2.5 bathrooms. Will probably convert the half bath and some other space near it into a bigger laundry/utility room, in lieu of the "laundry closet" we have now. For now, it's just me and my wife (28 & 25). More space than we need, but gives us room to grow sh...
by fcox85
Tue Oct 22, 2013 12:27 pm
 
Forum: Personal Consumer Issues
Topic: How many square feet is your home?
Replies: 162
Views: 11008

Re: Is law no longer a viable career option for young people

Regardless of whether law is a viable career for a young person, I think a more important question is whether anyone should want to be an attorney. I am a young attorney (28), and I'm starting to examine other options. While some of these include work in the legal field (in-house counsel, etc.), I a...
by fcox85
Sun Oct 13, 2013 11:49 am
 
Forum: Personal Finance (Not Investing)
Topic: Is law no longer a viable career option for young people?
Replies: 36
Views: 4020

Re: "When does a 100% stock portfolio make sense?"

Regarding the "dry powder" argument, I'm curious as to how that applies to a young investor who is in the accumulation phase versus someone with an established portfolio who is no longer buying. Wouldn't an investor in the accumulation phase accomplish the same end by continually buying s...
by fcox85
Wed Oct 02, 2013 3:53 pm
 
Forum: Investing - Theory, News & General
Topic: "When does a 100% stock portfolio make sense?"
Replies: 61
Views: 5273

Re: "When does a 100% stock portfolio make sense?"

Regarding the "dry powder" argument, I'm curious as to how that applies to a young investor who is in the accumulation phase versus someone with an established portfolio who is no longer buying. Wouldn't an investor in the accumulation phase accomplish the same end by continually buying st...
by fcox85
Wed Oct 02, 2013 3:08 pm
 
Forum: Investing - Theory, News & General
Topic: "When does a 100% stock portfolio make sense?"
Replies: 61
Views: 5273

Re: What age did you start investing and where are you now?

Started Investing in late 2011 at age 26, when I became eligible for my employer's 401(k). Initially began with just 3%. Sometime in 2012, I upped my contribution to 6%. In late 2012 I found this site and upped my contribution to max out my 401(k). My account balance started this year around $9k, an...
by fcox85
Mon Sep 30, 2013 5:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: What age did you start investing and where are you now?
Replies: 42
Views: 4858

Re: Who do you guys discuss investment strategies with?

I'm a younger guy (28), and I personally find that my friends/peers are either 1) pretty clueless; or 2) not interested. As a result, I mainly talk to my wife, whose perspective is largely colored by what I've read and shared with her from this site and the boglehead philosophy. Luckily, she thinks ...
by fcox85
Fri Sep 20, 2013 8:17 am
 
Forum: Investing - Theory, News & General
Topic: Who do you guys discuss investment strategies with?
Replies: 56
Views: 2888

Re: Know what you own … and why you own it.

This post actual raises an interesting question for me. Currently, my only holding is VG TR 2030 in my 401(k). I'm comfortable with total market index funds: TSM, TISM, TBM. Do I understand the absolute nuts and bolts and/or nuances of all of the securities I own in those three funds? No. But, am I ...
by fcox85
Fri Aug 23, 2013 5:11 pm
 
Forum: Investing - Theory, News & General
Topic: Know what you own … and why you own it.
Replies: 4
Views: 719

Re: How to Deal w/ Small/Family Company Stock

For what it might (or might not) be worth, the safest thing is to treat the stock as it were not there (as another Diehard suggested). What I would also suggest (strongly) is to be aware of (and address) any types of actual or even potential risk or liabilities you might be subject to as an owner o...
by fcox85
Tue Aug 20, 2013 11:21 am
 
Forum: Investing - Help with Personal Investments
Topic: How to Deal w/ Small/Family Company Stock
Replies: 4
Views: 293

How to Deal w/ Small/Family Company Stock

Due to the passing of my wife's grandfather, we are about to inherit a stake in a family-owned community bank. While I'm not entirely sure of the total value, I believe it's more than our entire portfolio at the moment, since I only started contributing to my 401(k) in 2012. Here's a little about ou...
by fcox85
Tue Aug 20, 2013 10:34 am
 
Forum: Investing - Help with Personal Investments
Topic: How to Deal w/ Small/Family Company Stock
Replies: 4
Views: 293

Re: Has anyone used Ascensus for 401K admin?

We have Ascensus manage our plan offered by Merrill Lynch. They frequently make small changes to their site which breaks communication with Mint.com. I'm one of those people that uses Mint every day for bill tracking, investment goals, and checking all transactions in one place, so it is a major de...
by fcox85
Wed Aug 14, 2013 5:24 pm
 
Forum: Investing - Theory, News & General
Topic: Has anyone used Ascensus for 401K admin?
Replies: 9
Views: 948

Re: Has anyone used Ascensus for 401K admin?

My law firm's 401(k) is run through Regions 1PlanPlus Retirement Plan, which uses Ascensus for administration. As far as I know we don't have any problems with them. However, I have not seen a lot of detailed information regarding any administrative fees that Ascensus charges. I know that I see tran...
by fcox85
Wed Aug 14, 2013 2:59 pm
 
Forum: Investing - Theory, News & General
Topic: Has anyone used Ascensus for 401K admin?
Replies: 9
Views: 948

Re: POLL: How much do you like your job?

I'm an associate at a corporate/civil defense law firm. I like the people I work for/with, and I like my salary. I have days where certain cases/projects really pique my interest. However, the majority of the days I would rather be doing something else. If I woke up financially set tomorrow, I would...
by fcox85
Tue Aug 13, 2013 11:20 am
 
Forum: Personal Consumer Issues
Topic: POLL: How much do you like your job?
Replies: 41
Views: 3034

Re: When did you get term life insurance? How long and how m

I bought a policy on myself and my now wife when we were engaged, about 4 months before our wedding. I was 27, she was 24. Now I'm 28, and she's 25. She was about to go to China for a month and a half, and we were getting married shortly thereafter, so I figured it was a good time. I think I bought ...
by fcox85
Tue Aug 13, 2013 11:04 am
 
Forum: Personal Finance (Not Investing)
Topic: When did you get term life insurance? How long and how much?
Replies: 32
Views: 2553

Re: Running of the Bulls!!!

An alternative: Running of the Bulls - New Orleans. Everybody dressed in white with red scarves like Pamplona, Spain. Rollergirls with horned helmets and plastic bats skating through the streets. https://www.youtube.com/watch?v=uw8MCLGVRyA http://www.neworleansonline.com/neworleans/festivals/multic...
by fcox85
Wed Jul 17, 2013 9:46 pm
 
Forum: Personal Consumer Issues
Topic: Running of the Bulls!!!
Replies: 25
Views: 1814

Re: Budgeting Tips

You could always consider a program like YNAB (You Need a Budget). Great program for really focusing on budgeting, spending only what you take in, etc. It's easy to track expenses regardless of the source of your spending (checking, savings, credit cards) while still using one unified budget. It doe...
by fcox85
Fri Jun 21, 2013 8:25 am
 
Forum: Personal Finance (Not Investing)
Topic: Budgeting Tips
Replies: 10
Views: 835

Re: Help with Health Insurance

Does anyone have any recommendations on companies that I should look to for more reasonable rates? I have never shopped around for coverage, as I have always been covered by some sort of Blue Cross/Blue Shield policy, whether through my parents' work or through my employer. Am I wrong to think that ...
by fcox85
Tue Jun 18, 2013 12:37 pm
 
Forum: Personal Consumer Issues
Topic: Help with Health Insurance
Replies: 47
Views: 2590

Re: Help with Health Insurance

I was going to ask the person who handles our benefits today, but all the information I've been given indicates that we have two options: single or family. We aren't that large, with maybe 25-30 employees total. It seems to me that there should be some sort of option between family and single, for t...
by fcox85
Tue Jun 18, 2013 8:52 am
 
Forum: Personal Consumer Issues
Topic: Help with Health Insurance
Replies: 47
Views: 2590

Help with Health Insurance

Due to my recent marriage and slightly increasing plan premiums, I've started thinking about my options for insurance. I have a plan through work, and just got a notice that the premiums will be increasing. Also, my wife is now off of her family's coverage, and so I have to increase my coverage from...
by fcox85
Tue Jun 18, 2013 7:52 am
 
Forum: Personal Consumer Issues
Topic: Help with Health Insurance
Replies: 47
Views: 2590

Re: Advice on Debt vs. Investing.

So you have takehome pay of over $5/month, debt expenses of about $2k, perhaps another $1k living expenses leaving you with roughly an additional $2k takehome per month. Where is this unaccounted for $3k a month going? You've got $143,000 in student loans, which will be more like $43k - $63k. Take ...
by fcox85
Sat Jun 01, 2013 4:59 pm
 
Forum: Personal Finance (Not Investing)
Topic: Advice on Debt vs. Investing.
Replies: 25
Views: 1973

Re: Advice on Debt vs. Investing.

Some notes on your emergency fund: Your CD is a part of the fund. If you had to cash it out tomorrow for an emergency, you may lose some interest, but you should not lose any principal. That is why some people use CD's to hold EF money. You may have noticed a recommendation to put your EF in a ROTH...
by fcox85
Fri May 31, 2013 11:11 am
 
Forum: Personal Finance (Not Investing)
Topic: Advice on Debt vs. Investing.
Replies: 25
Views: 1973

Re: Advice on Debt vs. Investing.

That's about what the average American pays today in debt service, whether it be for a home or combination of debt service. It's not cheap living in this country. Welcome to home ownership - it's not just the purchase price of the home, it's the maintainance, the window dressings, the lawn, the gut...
by fcox85
Thu May 30, 2013 12:45 pm
 
Forum: Personal Finance (Not Investing)
Topic: Advice on Debt vs. Investing.
Replies: 25
Views: 1973

Re: Advice on Debt vs. Investing.

I'm a debt averse type, so here's my take... Obviously it's preferable to max out the 401k. But, maybe that isn't the best fit for OP right now. Do you get a match from the company/employer in your 401k? Maybe contribute to the match in the 401k and use extra $$$ to aggressively pay down that stude...
by fcox85
Thu May 30, 2013 12:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: Advice on Debt vs. Investing.
Replies: 25
Views: 1973

Re: Advice on Debt vs. Investing.

No. I would take the 80K and pay down the student loans. Doing so will reduce your immediate annual interest expense in the first year by approximately $5,300. Your payments will remain the same however starting in month 1 of the reduced loan principal, your principal payment will be $442 per month...
by fcox85
Thu May 30, 2013 12:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: Advice on Debt vs. Investing.
Replies: 25
Views: 1973

Re: Advice on Debt vs. Investing.

Having just moved into the house, I'm a little shaky on what our other expenses really are month to month. This month my utilities are full of one-time "establishment/installation" charges, etc. Also, we had several one-time expenses for appliances, alarm install, etc. However, just runnin...
by fcox85
Thu May 30, 2013 12:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Advice on Debt vs. Investing.
Replies: 25
Views: 1973

Advice on Debt vs. Investing.

Edited to reflect one correction in my SL payment, below Here's my situation: Age 28, wife 25 Income: ~ $95,000/year Student Loans: ~$143,000--payment, ~$ 870.00 /month, 6.625% rate Mortgage: ~$150,000--payment ~$1,140/month) 401(k): ~$17,000 -- currently our only investment, maxing out for 2013. W...
by fcox85
Thu May 30, 2013 11:54 am
 
Forum: Personal Finance (Not Investing)
Topic: Advice on Debt vs. Investing.
Replies: 25
Views: 1973

Re: Homeowner "Appliance" Insurance

I'm not sure if I will renew it after one year is up, but I just closed on a house in April, and it was included as a part of the closing costs. At this point, I'm elated that I have it, as both my dishwasher and tankless water heater have failed on me in the first month. I forgot I was covered unti...
by fcox85
Fri May 24, 2013 5:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: Homeowner "Appliance" Insurance
Replies: 26
Views: 1217

Re: How Much Did You Spend on Your Engagement Ring??

I spent right at $4,500, but I actually got lucky. My wife already had a fairly large stone and some side stones from her grandmother's ring. Most of my cost was getting a custom-made platinum setting from a local jeweler, and incorporating smaller diamonds in the band and halo. The appraisal on the...
by fcox85
Tue May 07, 2013 2:45 pm
 
Forum: Personal Consumer Issues
Topic: How Much Did You Spend on Your Engagement Ring??
Replies: 289
Views: 20491

Re: Bad idea to put in contingencies when buying a house?

Contingencies like financing and inspection are normal and no seller should object to them. Obviously a seller would prefer an offer with none. I would put in reasonable ones (if important to you) and negotiate if necessary. I would agree with this. I just bought my first house, and it went seamles...
by fcox85
Wed May 01, 2013 3:36 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bad idea to put in contingencies when buying a house?
Replies: 21
Views: 1863

Re: Automatically rebalance my 401(k)??

Currently, my 401(k) is the only account in my portfolio. Planning on adding Roths for my wife and I later this year, and contributing the full $5500 for each of us. As far as re-balancing goes, manual re-balancing takes about 2 minutes. The main reason I'm considering the auto-rebalance option is s...
by fcox85
Tue Apr 30, 2013 11:39 am
 
Forum: Investing - Help with Personal Investments
Topic: Automatically rebalance my 401(k)??
Replies: 4
Views: 380

Automatically rebalance my 401(k)??

My 401(k) has an automated rebalancing function, with options ranging as follows (I believe, as I recently changed my funds so I can't access it for a little while due to "trading restrictions"): 1/year, 1/6 mos., quarterly, and monthly. I am thinking about simply turning this option on wh...
by fcox85
Tue Apr 30, 2013 10:58 am
 
Forum: Investing - Help with Personal Investments
Topic: Automatically rebalance my 401(k)??
Replies: 4
Views: 380

Re: "The Train Wreck Awaiting American Retirement."

Thanks for the link, Taylor. I have read and watched many interviews with Mr. Bogle over the years, and for me this one was the best yet. I think mostly because questions were excellent, covering all aspects of outlined problem from several different angles. He was very comfortable providing answer...
by fcox85
Wed Apr 24, 2013 1:39 pm
 
Forum: Investing - Theory, News & General
Topic: "The Train Wreck Awaiting American Retirement."
Replies: 29
Views: 4100

How to Determine Your True Risk Tolerance...

I think that this forum is a great resource, but can also be a double-edged sword at times. If you read enough, you will see various posts advocating very aggressive strategies for younger investors, usually in the neighborhood of 90% equities a la the TR Funds in the 2045-2050 range. On the other h...
by fcox85
Wed Apr 17, 2013 11:37 am
 
Forum: Investing - Theory, News & General
Topic: How to Determine Your True Risk Tolerance...
Replies: 64
Views: 6783

Re: Pleated Pants Versus Flat Front Pants

By the way, my take on pleats vs. flat fronts only applies to men's tailored clothing (suits, dress trousers, etc.). Other than my suits, dress trousers, and tuxedo, I do not own a single piece of clothing with pleats.
by fcox85
Mon Mar 04, 2013 7:25 pm
 
Forum: Personal Consumer Issues
Topic: Pleated Pants Versus Flat Front Pants
Replies: 45
Views: 3871

Re: Pleated Pants Versus Flat Front Pants

Though I may be the oddball, I am a 28-year-old lawyer with a different take on pleats vs. flat front pants. Traditionally, most fine men's tailored clothing (suits, trousers, etc.) are meant to be worn a little higher on the (actual) waist than people are accustomed to these days, as opposed to the...
by fcox85
Mon Mar 04, 2013 5:16 pm
 
Forum: Personal Consumer Issues
Topic: Pleated Pants Versus Flat Front Pants
Replies: 45
Views: 3871
Next

Return to advanced search