Bogleheads.org

If you link your bank account, you can purchase mutual funds directly out of your bank account but there's a delay . Money that has been moved into the money market fund, and that is showing as available for purchase, can be used to purchase a mutual fund immediately. Not any more at Vanguard (the ...

For example: an Ally 5-year CD is currently paying 1.5% with an early withdrawal penalty of 60 days' interest, but no interest rate risk. Except there is interest rate risk. As you know, Ally only gives you the right to early withdrawal with Ally's permission . You don't have an automatic right to ...

I get the sense that correlation with stocks should be roughly the same: zero for the savings account, and close to zero for the treasury (?), though of course the treasury is more volatile and complex to analyze. Historically, safer bonds have correlated near-zero with the stock market, but in rec...

How, or can I, exchange money from my Schwab checking account to my Vanguard Prime MM account ? It appears that to setup the "link", you need to have the classic "checking account ABA routing info" listed along the bottom of your checks. Since I only have Vanguard mutual funds, ...

and more bullish on CDs?

Maybe bogleheads.org should switch hosting providers. A full day of downtime is unacceptable - this isn't the first noticeable bit of downtime either. The owners of the site should consider using http://www.pingdom.com to monitor the uptime/downtime. amazing -you get something for free and it criti...

We’re starting to feel a bit uneasy about this relationship. Are we expecting too much? We realize he has other clients, but is this good service? Should we ask for a different advisor or give this guy more time? Perhaps you didn't understand the advisor's role and his scope of service. I would sep...

HueyLD wrote:961 / 5 x 31 = 5,958.20 (five work days per week with 31 work days in the six week period).

6,943.79 monthly * 12 / 52 * 0.6 = 961.45 weekly benefit. Round off and/or use a slightly higher number for 52 weeks in a year to get $961/week benefit.

No income tax withholding? Who paid the STD premium?

br214bh wrote:I would like to avoid a 401k loan as I may look to change employers at some point in the next 1-2 years.

If you make a priority on repaying it first you may not have a 401k loan balance at that time. Lending Club or whatever options would still be available at that point for a smaller balance.

False choice? Could there be a position that pays $500k without the stress? Or just seek professional help on dealing with stress? All jobs come with unpleasant parts we don't like. When I'm asked to do things I don't agree with or I don't like doing, I just remind myself they are paying me good mon...

⋅ How is the bank investing those saving deposits to be able to pay 1.00% if short-term treasuries are paying in the 0.18% range? ⋅ Why do conservative fixed-income investors like Mr. Swedroe prefer short-term government bonds over online savings accounts (if they in fact do)? I...

mikeportfolio wrote:I don't really see myself living here for more than a few years, as I'm in a condo and would like to move into a house eventually.

In that case a 5/1 ARM or 5/5 ARM would be a good option. Both are 2.5% or below with no closing cost.

Vested: cash bonus, sell immediately.
Unvested: anticipated cash bonus, which may or may not materialize.

We want to keep the current option: low monthly, but the flexibility to pay off early. The cost of this flexibility is very high. Think of it as "payment flexibility insurance." To pay off $230k in 15 years at 3.5% (the 30-year rate), the monthly payment would be $1,644. To pay it off in ...

I'd look hard at other options to come up with $30,000 or so you'd need to qualify for 80/20 LTV no cost 30 year fixed at today's very attractive rates. The significant savings you'll realize off the current 4.875% rate put you in positive territory immediately, and those savings can be applied to ...

I'll be interested to see how the two different coupons price. According to the logic i laid out, the higher coupon bond should price so as to give a slightly lower yield to maturity. The reason that you are seeing the same YTM right now is that the bonds haven't priced yet so they don't really kno...

I'd try the cookie cutter Vanguard approach first because it will cost you less and you won't be making a mistake. If you find that you don't like it, then do something else. If you do it in the reverse order, it will cost you more money and will possibly lead to more regret. I agree. Either that o...

A much better recent past performance doesn't hurt either. Beware of rationalizing performance chasing. 1-year ended 4/30: VNQI +35.68% VNQ +19.16%.

A recent order of mine couldn't be delivered to the locker and had to go back to Amazon. Maybe technical issue with the locker. I asked them to redeliver to a different locker in the area but they couldn't change it. I had to re-order and wait again.

Even given the huge difference in expense ratios, wouldn't the Oppen have provided the larger return? This is where I get very confused when choosing funds. And, if I'm understanding correctly, this is after the expense ratios has already been accounted for. So, there is still almost a 3 1/2% bette...

you will notice that article doesnt say anything about keeping a whole life policy in place that is completely stripped of cash and has a high loan cost. If one has an old whole life policy and its untouched then yes almost everyone should keep it in force until death assuming they are willing to l...

It looks like over the past 35 years or so the policy has averaged about 5% return. Even 5% return is pretty good in the current environment. He's not going to get 5% going forward... He got 5% over the last 35 years because bonds returned 8% over the last 35 years (notice how those 3% fees work?)....

gerrym51 wrote:i live in mass and fidelity is massachusettes company. i can avoid state income taxes on this fund also

How much you can deduct again MA tax has nothing to do with where Fidelity is.

MN Finance wrote:Call the bank and tell them what you have now. They'll direct you to the appropriate process.

This.

Equitius wrote:I had my credit report run yesterday and was surprised that my overall credit score fallen some over the past couple of years.

Fallen some as in how much? If it's 10-20 points it's just noise. Trying to interpret the reason or come up with a corrective action is a futile exercise.

ING, however, has a 10-year declining surrender charge starting at 5% in year 1 and going down to 2% in year 10. That means even if she leaves this job in 10 years or less, it wouldn't be worthwhile to rollover to an IRA. Why? Even if she has to pay 5% surrender charge, she saves ~2% each year. Bre...

What does the board think about these series of funds? Too expensive at 0.4% ER. If you have a ladder of these and roll over upwards, it's not much different than a single intermediate-term bond fund. If you buy a ladder and collapse one ring at a time for income withdrawal (already retired), it's ...

I'm worried that if I roll over my IRA and move my non-IRA funds to Vanguard, I'll be buying in at a high time in the market, and I'll be getting a much smaller number of shares. Is this a valid concern? It is a valid concern if the % you invested in stocks is higher than your risk tolerance and pr...

I call [nonsense-- admin LadyGeek] . There have been ~ 52 IPOs in 2013 as of May 14 . 10 in the last week. There is a flood of them queued up to IPO that have been on hold because of market conditions as can be seen by last weeks rush. And that's just for the NYSE. The link above will show a list o...

I regretted, sort of. When the market was low I TLH'd. But the correct action should have been buying more, i.e. rebalancing, not just selling and buying the same amount. Of course TLH doesn't preclude rebalancing but if you have limited "attention budget" or "action budget" thin...

I asked a simular Q about who actually owned the LI policy, but have yet to receive a response. Only the policy owner (not necessarily the insured) can make decisions on the policy. The OP answered. http://www.bogleheads.org/forum/viewtopic.php?p=1695218#p1695218 I am listed as the owner. Assuming ...

tc101 wrote:

Fidelity has been my ONLY bank for about 10 years now.

The only problem that I can think of is if you ever need to get a signature guarantee.

Fidelity will give you a signature guarantee at their local office.

tj wrote:

tfb wrote:

Savvy wrote:Is it 2% per transaction or per swipe of the card? (i.e. do I get 2% back for my monthly Netflix subscription which is recurring)

per transaction

What is the difference? 2% is 2%.

Netflix is card not present. No swipe.

Your mistake was not selling them the day they vested and buying TSM with the proceeds. Thus avoiding excessive concentration in employer stock and putting yourself into a diversified equity fund that you can hold for the next 30 years. In this case the OP got lucky in that the stock appreciated mo...

tr123 wrote:Does anyone know the best way to exchange U.S. dollar for Canada dollars and vice versa?

Exchange with each other?

Move back. More efficient use of resources. Otherwise you only make landlord happy.

Savvy wrote:Is it 2% per transaction or per swipe of the card? (i.e. do I get 2% back for my monthly Netflix subscription which is recurring)

per transaction

michaelcross wrote:Does that mean social security would not have to be paid if over 50, making and contributing $23000?

No. The self-employment tax is still owed (both employer and employee parts).

you dont seem to get this and i dont mean this rudely but im done trying to explain it. In your example of the house, somebody wants the house regardless of what it is worth. For this product, he doesnt even want a permanent death benefit. Thus it is very important that what the value is unlike you...

No the house has a lot more value. In this situation, it would be like a mortgage on a home that has been stripped of all value which is what the loan does(not necessarily appreciating in value) but in a non recourse state. Forgetting the ethics for a moment, just better to walk away. When you cons...

You dont seem to get that the bleed will stop even if he doesnt pay off the loan. It isnt like a cc or car loan. It will stop only if the policy is forced to be surrendered. Maybe it isn't like a CC or car loan with recourse but it's like a home mortgage. The bleed will stop even if you don't pay o...

Financially I'm not ever going to be able to pay off a $220k loan balance You don't have to pay it completely off. Every dollar that goes in to pay it down will be helpful. Thus he would need to come up with a plan of slowly paying off this loan so the balance doesnt keep on going up. That's what I...

The only reason we would consider paying it back is bc of the way WL is taxed on gains otherwise everyone would tell him to just surrender. I don't know. Gains or no gains, the policy is still earning 7.63% before loan interest and insurance charges. Why would everyone necessarily tell him to just ...

Why dont i just take out a loan at 200% interest tomorrow and pay it back next year in order to get a 200% return? Well bc im not getting a return. Im still losing money. I won't take out a loan at 200% interest but if I already have a loan at that rate and there's no way to refinance it, and the i...

The fact remains...I paid $400 for an unaffiliated licensed appraisal coordinated through Amerisave and it appears that they "adjusted" the appraisal value to conveniently fall just below the amount that would have required their covering an additional ~$600 in lender credit. What's the p...

When you take a loan, you are taking a loan from the insurance company general funds and using the policy as collateral. If you give me 100k and then take a loan from me for 90k with a little over 10% interest and then pay me back another 100k did you get an instant 10% return? Of course not. Payin...

Ally Bank has a 5 year CD paying 1.54% with 2 month interest penalty for early withdrawal versus Mountain Credit's 6 month penalty, maybe the difference in interest rate at Ally and the early withdrawal rate at Mountain is a wash and Ally would be the better vehicle, just a thought. It's not. Every...

That isn't a return of 6-8%. Kindly explain why? The OP wrote the account has been both accruing interest (last year accrued interest was 7.63%) but also being charged interest on the loan amount. (Says The credited interest rate on loaned amounts is 8% if only the earned interest is borrowed. On a...

Not an expert but what about repaying the loan? Instant 6-8% return?

Tfb - I had thought about SHY but wanted the even shorter duration Treasury Bond ETF, [url]SHV[/url]which is not available commission free. I'll think about that Spartan fund FSBAX. Do you agree that short-term treasury is the best idea at this point? I didn't see a short-term TIPS in the NTF or i-...