Search found 7012 matches

by tfb
Mon Aug 03, 2015 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Genworth Insurance Ratings
Replies: 11
Views: 638

Re: Genworth Insurance Ratings

rightdecisions wrote:This would be for a 20 year term insurance for $1million.

What are the ratings for? Does it mean the likely hood they will pay out?

Those aren't very good ratings. Is their premium that much lower than the premium from another company with better ratings?
by tfb
Sat Jul 25, 2015 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Best use of Merrill Edge to maintain BoA platinum honors status and great credit card reward bonuses
Replies: 5
Views: 559

Re: Best use of Merrill Edge to maintain BoA platinum honors status and great credit card reward bonuses

Convert $60k of my current Vanguard Roth IRA in VTSAX to VTI and transfer it to Merrill Edge. Invest some percentage of my BoA checking $ in CDs, short term bonds, I bonds, or other. Just keep $100k worth of ETFs in Merrill Edge. Then you can use a better checking account for your $40k. Ally for ex...
by tfb
Sat Jul 25, 2015 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Rewards Checking-An Easy Way to Earn Extra Money
Replies: 22
Views: 2696

Re: Rewards Checking-An Easy Way to Earn Extra Money

pdriese wrote:I haven't seen this topic brought up much here on Bogleheads save for a forum topic once or twice a year.

Searching for "rewards checking" in quotes returns 4,320 results.

https://www.google.com/search?sitesearc ... hecking%22
by tfb
Fri Jul 24, 2015 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: E-Statement Alert Gone for Chase Credit Card
Replies: 46
Views: 2440

Re: E-Statement Alert Gone for Chase Credit Card

Not tfb, but I have a "manage alerts" option which does not show an option for statement notification. I'm not sure there ever was an option for an alert for that--it was just automatic. Same here. Paperless statement and alerts are two separate things. Paperless statement was never part ...
by tfb
Fri Jul 24, 2015 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Can I link Vanguard company 401k with my Vanguard personal investor accounts?
Replies: 7
Views: 641

Re: Can I link Vanguard company 401k with my Vanguard personal investor accounts?

I don't think my.vanguardplan.com is the same as a full fledged vanguard account. DW just started a new job and their 401k provider is Ascensus. However, the login for the Ascensus 401k is my.vanguardplan.com. Ascensus might just be a reseller for vanguard 401ks. The other way around. Vanguard is a...
by tfb
Fri Jul 24, 2015 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: E-Statement Alert Gone for Chase Credit Card
Replies: 46
Views: 2440

Re: E-Statement Alert Gone for Chase Credit Card

tfb, Then, they may not implement the new alert system on you yet. In my case, I login into my online A/C and can no longer find any option for enabling statement alert at all. KlangFool It's not an alert you choose to enable or disable. When you enroll in e-statement, you get the email. That's wha...
by tfb
Fri Jul 24, 2015 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: E-Statement Alert Gone for Chase Credit Card
Replies: 46
Views: 2440

Re: E-Statement Alert Gone for Chase Credit Card

Basically, they eliminated e-statement email alert in June and did not tell anyone about that. Chase waived my late fee and interest charges after the call. In summary, if you have chase credit card and you expect e-statement email alert, it is gone. Not true. I received the e-statement email alert...
by tfb
Thu Jul 23, 2015 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Back door Roth Help - Fidelity
Replies: 5
Views: 701

Re: Mega Back door Roth Help - Fidelity

CuppedUp wrote:Is there a magic phrase that I need to mention to get this process to happen correctly?

Yes. Keep it simple. "I'd like to request a direct rollover of my after-tax contributions plus earnings to my Roth IRA account xxxxxxxx." It isn't worth the complication for $100 earnings.
by tfb
Wed Jul 22, 2015 10:35 pm
Forum: Investing - Theory, News & General
Topic: "The Value of Financial Advice" by Wade Pfau
Replies: 13
Views: 2180

Re: "The Value of Financial Advice" by Wade Pfau

The final problem is most investors who need a good advisor do not recognize the need, and could not make a good choice even if they realized they needed help. Paul Paul makes a good point. It may be that the ability to find a good advisor exceeds that to be a good investor. The individual investor...
by tfb
Wed Jul 22, 2015 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Bogle backfire?
Replies: 66
Views: 7759

Re: Bogle backfire?

It's the same as deathbed regrets wishing not having spent as much time in the office working.
by tfb
Wed Jul 22, 2015 5:39 pm
Forum: Personal Consumer Issues
Topic: How to pay taxes on blog income?
Replies: 53
Views: 3741

Re: How to pay taxes on blog income?

In essence, I am dealing with three different projects: 1. Writing on my topic of interest 2. Learning about blogging 3. Learning about record keeping and tax filing for a sole proprietor Project #1 is of the primary interest to me. Project #2 is very interesting, but it's taking my time away from ...
by tfb
Mon Jul 20, 2015 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on moving holdings to Vanguard Personal Advisor Services
Replies: 9
Views: 923

Re: Advice on moving holdings to Vanguard Personal Advisor Services

My situation is that I'm in my mid-twenties with about $150k in a Schwab account. I've talked on the phone to someone from Vanguard about their personal advisor services, read up on what people have to say here, and I feel confident about moving forward with them. Before I call them back and they b...
by tfb
Mon Jul 20, 2015 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's new Personal Advisor Services
Replies: 56
Views: 8886

Re: Vanguard's new Personal Advisor Services

In fact, in an earlier financial plan they did for me, it appeared they really don't want to take outside assets into account and I assume they will run the PAS the same way. Under the previous service process, after the written plan there's a consultation. If the plan doesn't look right you can po...
by tfb
Mon Jul 20, 2015 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's new Personal Advisor Services
Replies: 56
Views: 8886

Re: Vanguard's new Personal Advisor Services

Exactly my sentiments and I was really excited about this service when I heard about it for that specific reason. But, when I peeked under the hood and found out that they would only manage what you have at Vanguard it became decidedly less attractive. Most of our assets are with VG but we have a s...
by tfb
Mon Jul 20, 2015 3:15 pm
Forum: Investing - Theory, News & General
Topic: CD: value of early withdrawal option
Replies: 9
Views: 966

Re: CD: value of early withdrawal option

The reason I posted the question is because I simply do not know what the value really is of the option of early withdrawal. Several years ago I recall reading a blog post that the bump rate CDs were not worth the extra cost, do not remember the source (kind of like extended warranties) and I was s...
by tfb
Fri Jul 17, 2015 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Elective deferral limit question
Replies: 23
Views: 1185

Re: Elective deferral limit question

Is the MAX deferral limit for the 401k = $53000 ($18,000 (pre-tax & ROTH contributions) + $35,000 (after tax)) Which would make a GRAND TOTAL = $53,000 (401k) + $18,000 (457) + $5,500 (ROTH ira) = A whopping $76,500..... After-tax isn't deferral. Don't forget to subtract employer contribution f...
by tfb
Fri Jul 17, 2015 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Retirement Investment Program
Replies: 2
Views: 960

Re: Vanguard Retirement Investment Program

I'm starting a retirement plan that will be administered by a pension consultant and I'm trying to decide where to house/manage the brokerage account. If the plan is for just yourself, or if it's a defined benefit plan, you just pick as if you are picking a company for a taxable account. If the pla...
by tfb
Thu Jul 16, 2015 11:34 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's new Personal Advisor Services
Replies: 56
Views: 8886

Re: Vanguard's new Personal Advisor Services

It seemed to me that as Bogleheads we urge others to pay a flat fee for investment advise and not get hooked in to an "x basis points of assets managed" as this simply a way to increase costs and to lower long term investment returns. Vanguard responded both times indicating they did not ...
by tfb
Tue Jul 14, 2015 10:41 pm
Forum: Investing - Theory, News & General
Topic: Whatever happened to the advocates of CDs vs Bonds?
Replies: 58
Views: 5619

Re: Whatever happened to the advocates of CDs vs Bonds?

Actually, I read your blog post recently and that was the seed that got me thinking about the topic. I did a quick A * B * C sequence of returns calculation for bond bond funds and CDs and they turned out to be *about* the same. I think CDs did actually eek out an advantage although it was pretty s...
by tfb
Tue Jul 14, 2015 10:30 pm
Forum: Personal Consumer Issues
Topic: Need 'secure' flash drive(s)
Replies: 15
Views: 1176

Re: Need 'secure' flash drive(s)

Consumer grade: Kingston Digital 8GB Data Traveler Locker + G3 , 8GB for $12 Govt. standard certified: Apricorn Aegis Secure Key FIPS Validated 4 GB USB 2.0 256-bit AES-CBC Encrypted Flash Drive , 4GB for $62 Both have built-in encryption and work out of the box. They don't require anything special ...
by tfb
Mon Jul 13, 2015 10:28 pm
Forum: Investing - Theory, News & General
Topic: Whatever happened to the advocates of CDs vs Bonds?
Replies: 58
Views: 5619

Re: Whatever happened to the advocates of CDs vs Bonds?

When "everyone" knew interest rates were going to rise, there was a lot of talk about CDs being better than bonds/bond funds. Some people moved to CDs and some totally lazy people like me thought about it, but did not. How do you feel your decision went? Anyone thinking of moving into CDs...
by tfb
Fri Jul 10, 2015 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: 5 year CD @ 2.4% - a good deal?
Replies: 32
Views: 4570

Re: 5 year CD @ 2.4% - a good deal?

Not a good deal because it's a brokered CD with minimal better yield than a direct CD of the same term.
by tfb
Fri Jul 10, 2015 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing to go with a Robo-Advisor and If so, which one?
Replies: 57
Views: 3891

Re: Choosing to go with a Robo-Advisor and If so, which one?

What do you think you will get that you can not get with a 3 fund portfolio (or other) and posting here for advice, plus Vanguard as back up for your questions? People here don't offer advice. They only offer opinions. You get different opinions from different people, often completely opposite from...
by tfb
Fri Jul 10, 2015 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: IRS: No more lump sum in lieu of defined benefit annuity?
Replies: 28
Views: 2865

Re: IRS: No more lump sum in lieu of defined benefit annuity?

From "Investment News": "...Defined benefit plan sponsors can no longer replace annuity payments with lump-sum distributions to retirees and their beneficiaries, the IRS said Thursday. With the amendments applying as of July 9..." Is this actually in force NOW? (It doesn't apply...
by tfb
Thu Jul 09, 2015 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing to go with a Robo-Advisor and If so, which one?
Replies: 57
Views: 3891

Re: Choosing to go with a Robo-Advisor and If so, which one?

I think I would wait until Consumer Reports does a complete analysis. Or perhaps The Finance Buff will open accounts at all of them and write up his experiences. In the meantime, a LifeStrategy or TargetRetirement fund would be hard to do better than. Consumer Reports is actually not that great on ...
by tfb
Thu Jul 09, 2015 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Single K (Solo 401k) Question
Replies: 16
Views: 777

Re: Single K (Solo 401k) Question

terran wrote:Fidelity allows incoming rollovers and has very similar options to vanguard.

Neither offers the loan feature the OP was looking for.

gemdy wrote: I'd like to set up a Single K now and rollover my current SEP $. I need to borrow against it as I have a lot in there.
by tfb
Thu Jul 09, 2015 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage - 30 year or 15 year?
Replies: 56
Views: 4899

Re: Mortgage - 30 year or 15 year?

The payment flexibility insurance will cost you $2,100 a year. I wouldn't pay $2,100/year for a just-in-case. If you run into a cash crunch you find other ways to deal with it. If a physician earning $500k can't afford a 15-year loan nobody can.
by tfb
Thu Jul 09, 2015 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: First Job Ever - Benefits Election
Replies: 11
Views: 1125

Re: First Job Ever - Benefits Election

Whats your thought on high deductible vs middle deductible plans? It depends on the difference in premium and deductible and out of pocket maximum. You only said the premium is 2x in the middle deductible plan for 1/2 the deductible. It matters whether it's $25/pay vs $50/pay or $250/pay vs $500/pa...
by tfb
Tue Jul 07, 2015 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: pension vs 401a
Replies: 3
Views: 367

Re: pension vs 401a

Pension no question. Pension benefits are backloaded (cost more per year the older you are) whereas a 401a plan is more front-loaded (more years to grow the younger you are). With only 20 years to go, the pension is worth a lot more than the match and its growth. Plus you have a higher salary. You c...
by tfb
Tue Jul 07, 2015 10:06 pm
Forum: Personal Consumer Issues
Topic: Credit card automatically saves a receipt online
Replies: 16
Views: 1269

Re: Credit card automatically saves a receipt online

JDot wrote:I have heard that American Express does this on business accounts.

Even there you are taking the picture of the receipts yourself. If you are willing to do that, maybe look for free expense report type of apps. You are basically filing an expense report against your wife.
by tfb
Tue Jul 07, 2015 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: First Job Ever - Benefits Election
Replies: 11
Views: 1125

Re: First Job Ever - Benefits Election

preciseman wrote:So I wanted to run my benefits elections by the community to see if I selected the best optimal options.

My 4-part series on open enrollment benefits elections: http://thefinancebuff.com/tag/open-enrollment

Hope it's helpful.
by tfb
Tue Jul 07, 2015 8:05 pm
Forum: Forum Issues and Administration
Topic: bogleheads.org and www.bogleheads.org
Replies: 1
Views: 832

bogleheads.org and www.bogleheads.org

bogleheads.org/* used to redirect to www.bogleheads.org/* before fixing the recent latency issues. Now it doesn't. In case someone is wondering why they can't access, type www dot! Of course if they can't access, they won't see this either.
by tfb
Sat Jul 04, 2015 4:46 pm
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 21703

Re: Emergdoc on Mr. Money Mustache

I laugh a little considering this conversation, as I am not an extreme MMMer by any stretch, and it's a little weird defending his philosophy without personally having much invested in it. This is because MMM is a master in creating and using labels. He said himself he encourages "us versus th...
by tfb
Fri Jul 03, 2015 10:45 pm
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 21703

Re: Emergdoc on Mr. Money Mustache

"Acolytes." "Religion." "Cult." Yet MMM is supposedly the one disbursing the hyperbole? He must have hit it pretty close to the mark to get some of you guys so riled up like this. MMM is the one that markets himself as a cult.:) He posted that it was in fun and I seem ...
by tfb
Fri Jul 03, 2015 11:40 am
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 21703

Re: Emergdoc on Mr. Money Mustache

"His financial independence is predicated on not spending. Because if he spends (and someday he might want to or have to), he's not independent. Financial independence should give you more choices, not fewer." Emergdoc has debunked this view of MMM. As Emergdoc noted, MMM could significan...
by tfb
Thu Jul 02, 2015 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Tell Me I'm Stupid To Consider Quitting My Job and Moving
Replies: 157
Views: 38151

Re: Tell Me I'm Stupid To Consider Quitting My Job and Moving

Sometimes when you want something you see everything good about it and everything bad about what you have now ("grass is greener ..."). I recently went through an episode of this. I really wanted something, to the point wanting to give up a significant amount of money (to me) in order to g...
by tfb
Thu Jul 02, 2015 7:34 pm
Forum: Investing - Theory, News & General
Topic: Case Study: Broker speed of dividend payments
Replies: 66
Views: 9960

Re: Case Study: Broker speed of dividend payments

Fidelity credited the VSS dividend before market opened today (7/2). They auto-reinvested at $102.44. Thanks. VSS traded today between $102.34 and $101.54. Where do think the $102.44 price came from? Pre-buying yesterday morning? There was some squirrelly trading at the open yesterday with very hig...
by tfb
Thu Jul 02, 2015 4:07 pm
Forum: Investing - Theory, News & General
Topic: Case Study: Broker speed of dividend payments
Replies: 66
Views: 9960

Re: Case Study: Broker speed of dividend payments

It will be interesting to see how the dividend of VSS gets re-invested again. I have it set for auto-reinvesting at TDAmeritrade and at Vanguard and at the present time there is no indication that anything happened in these accounts. In another account, I take the VSS dividend in cash and it was av...
by tfb
Thu Jul 02, 2015 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity or Schwab checking account better for foreign travel?
Replies: 16
Views: 2247

Re: Fidelity or Schwab checking account better for foreign travel?

stlutz wrote:I think Fido has a 1% FTF, but some have indicated that they haven't actually been charged it.

It's true. It's in the disclosure but I've never been charged. Used it in multiple countries. The exchange rate matched wholesale rates.
by tfb
Thu Jul 02, 2015 12:49 pm
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 21703

Re: Emergdoc on Mr. Money Mustache

People living on $25k a year don't get to spend a month in Hawaii. There's a reason that owner equivalent rent is part of the CPI as the cost of housing. Even if you own your home free and clear and you do all maintenance on your own, the cost of housing is still there. When people hear 'live on $2...
by tfb
Fri Jun 26, 2015 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 529 vs. Michigan 529
Replies: 8
Views: 1311

Re: Vanguard 529 vs. Michigan 529

But then I can't find anything in the disclosure document that explicitly says that Michigan does not recapture the previous tax breaks when doing a rollover out of the Michigan plan. There is this statement: Outgoing rollovers that are not subject to federal income tax also will not be subject to ...
by tfb
Thu Jun 25, 2015 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 529 vs. Michigan 529
Replies: 8
Views: 1311

Re: Vanguard 529 vs. Michigan 529

I note that other sites, including the Bogleheads wiki, also say that Michigan does not recapture the state tax break when rolling over to another state's plan. The disclosure document has this rather opaque statement: MESP has received guidance from the Michigan Department of Treasury, the Bureau ...
by tfb
Thu Jun 25, 2015 12:57 pm
Forum: Personal Consumer Issues
Topic: MacBook Pro Worth the money?
Replies: 79
Views: 9029

Re: MacBook Pro Worth the money?

It's the $1200 solution to the $300 problem. Agree. See other threads about Toshiba Chrome Book 2. ... ... There is huge overlap in software functionality between PC and Apple, but it's simply incorrect to say a $1200 Mac laptop is the equivalent of a $300 chromebook - it's not even a close compari...
by tfb
Wed Jun 24, 2015 9:53 am
Forum: Personal Consumer Issues
Topic: MacBook Pro Worth the money?
Replies: 79
Views: 9029

Re: MacBook Pro Worth the money?

Jack FFR1846 wrote:It's the $1200 solution to the $300 problem.

Agree. See other threads about Toshiba Chrome Book 2.
by tfb
Wed Jun 24, 2015 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Citibank issues or: Viable alternatives to Citibank?
Replies: 4
Views: 522

Re: Citibank issues or: Viable alternatives to Citibank?

mister_sparkle wrote:What would qualify as an online bill payment?

Use Citibank's bill payment system to push out a payment. It can be a $20 payment to a credit card or utility. The remainder can still be pulled by autopay from the credit card or utility.
by tfb
Wed Jun 24, 2015 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Citibank issues or: Viable alternatives to Citibank?
Replies: 4
Views: 522

Re: Citibank issues or: Viable alternatives to Citibank?

mister_sparkle wrote:My level of account now requires a minimum of $10,000 across all linked accounts.

Just go down a level. The basic package is still free with only a direct deposit and a bill payment. What extra are you getting at your level that you can't do without?
by tfb
Sat Jun 20, 2015 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Possible to file a 1099-R correction electronically or does it have to be done over the mail?
Replies: 16
Views: 1925

Re: Possible to file a 1099-R correction electronically or does it have to be done over the mail?

In my case, the rollover custodian and the solo 401k custodian was both with vanguard so there was no 60 day rollover, it was immediate transfer of the mutual funds from custodian to custodian. Why are you fiddling with this instead of telling Vanguard they need to straighten it out? If their 1099-...
by tfb
Sat Jun 20, 2015 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: So my pension has been frozen...
Replies: 34
Views: 6461

Re: So my pension has been frozen...

I've decided to take the money, and invest it in my existing Roth IRA. I'll take the 3% that I was contributing to the Pension and redirect it back to my 401k (I already max out the Roth's every year.) I don't feel that maintaining the extra account, and hoping that the company (and the pension) st...
by tfb
Sat Jun 20, 2015 5:25 pm
Forum: Personal Consumer Issues
Topic: Laptop Suggestion for Writing
Replies: 12
Views: 1376

Re: Laptop Suggestion for Writing

I really like Lenovo. I've deployed a dozen of them in the last year and the users like them and I have been impressed with the hardware. You might check out refurbished units at a place like Newegg http://www.newegg.com/Product/ProductList.aspx?Submit=ENE&N=%2050010418%204016&IsNodeId=1&am...
by tfb
Tue May 26, 2015 9:28 pm
Forum: Personal Consumer Issues
Topic: 60W eq. LED bulb deal alert...
Replies: 35
Views: 3428

Re: Found a great LED deal...$2.49 each.

I've been on the fence about changing the remaining 10 fixture CFLs in my residence to LEDs, but happened on an excellent deal at Home Depot. Thought some Boglehead minded people would be interested in this. A few stores in my area are sold out already. 4.97 for me, online. Are we going to become s...

Go to advanced search