Search found 915 matches

by *3!4!/5!
Sat Apr 29, 2017 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: Please poke holes in my tax strategy
Replies: 11
Views: 1155

Re: Please poke holes in my tax strategy

"Please poke holes in my tax strategy" It does not work for everyone. It would not work for my tax situation. There's a decent chance it would work for you, but you'd better check. For example if you do this, and you suddenly need a bunch of cash, you have to liquidate your stock in taxabl...
by *3!4!/5!
Sat Apr 29, 2017 6:55 pm
Forum: Personal Consumer Issues
Topic: Getting cash back (at register, not reward) on credit card at grocery store
Replies: 8
Views: 498

Re: Getting cash back (at register, not reward) on credit card at grocery store

I think it's very likely it will count as part of your grocery purchase total . But you'll want to test with a small amount just in case. That's not specific enough. For some purposes maybe yes, some maybe no. Look at what I wrote. It's always worked for me. Not treated as a cash advance, just show...
by *3!4!/5!
Sat Apr 29, 2017 6:03 pm
Forum: Personal Consumer Issues
Topic: Getting cash back (at register, not reward) on credit card at grocery store
Replies: 8
Views: 498

Re: Getting cash back (at register, not reward) on credit card at grocery store

prudent wrote:I think it's very likely it will count as part of your grocery purchase total. But you'll want to test with a small amount just in case.
That's not specific enough. For some purposes maybe yes, some maybe no. Look at what I wrote.
by *3!4!/5!
Sat Apr 29, 2017 5:47 pm
Forum: Personal Consumer Issues
Topic: Getting cash back (at register, not reward) on credit card at grocery store
Replies: 8
Views: 498

Re: Cash back on credit card at grocery store

No way will it give you reward points.
It may or may not code as cash advance.
by *3!4!/5!
Sat Apr 29, 2017 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to consolidate at Fidelity -- any gotchas about transfers?
Replies: 19
Views: 1126

Re: Ready to consolidate at Fidelity -- any gotchas about transfers?

I had major problems moving funds from a TIAA 403b to a Fidelity 403b. Fidelity totally screwed up and I lost thousands. Fidelity is an absolutely atrocious company to deal with.
by *3!4!/5!
Sat Apr 29, 2017 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Please poke holes in my tax strategy
Replies: 11
Views: 1155

Re: Please poke holes in my tax strategy

Sounds like this
Bogleheads Wiki: "Placing cash needs in a tax-advantaged account"
https://www.bogleheads.org/wiki/Placing ... ed_account
by *3!4!/5!
Sat Apr 29, 2017 2:44 pm
Forum: Investing - Theory, News & General
Topic: Write checks from a bond fund in a Vanguard brokerage account?
Replies: 11
Views: 627

Re: Write checks from a bond fund in a Vanguard brokerage account?

Checkwriting really is a thing of the past. With advancing technology, when you want to pay someone, soon you'll be able to just teleport cash directly into their pocket. (Or you could use current technology, and simply transact electronically.)
by *3!4!/5!
Sat Apr 29, 2017 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 135
Views: 11428

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

It seems clear that: If your workplace is like North Korea, then you should act accordingly. But no-one answered my question above (paraphrasing): Why should a workplace necessarily be like North Korea? Some people are just pedantically decreeing that that's just the way it is, and it has to be that...
by *3!4!/5!
Sat Apr 29, 2017 2:53 am
Forum: Personal Finance (Not Investing)
Topic: Forced to use carryover losses
Replies: 12
Views: 1012

Re: Forced to use carryover losses

People on here are always going on about how TLH-ing is so great. It looks like it's not so great. Some tax strategies are "fragile" and this needs to be recognized.
by *3!4!/5!
Fri Apr 28, 2017 3:43 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 106
Views: 8904

Re: Vanguard has switched to brokerage only accounts

A short-term Treasury fund is not really a substitute for cash. For example, max drawdown for VFISX often has exceeded -0.6%, with the most recent such drawdown of -0.84% from July-November of 2016, from which the fund had not yet recovered as of the end of March (and I believe it still has not rec...
by *3!4!/5!
Fri Apr 28, 2017 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 303
Views: 48359

Re: Bank of America/Merrill Edge - Preferred Rewards

^ Okay, just reporting my personal datapoint. It is certainly true that BoA IT systems are pretty bad.

That said, although the Preferred Rewards are nice, there's not that much financially at stake in getting them a month or two later, i.e. slightly higher credit card cash back for that time.
by *3!4!/5!
Fri Apr 28, 2017 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 303
Views: 48359

Re: Bank of America/Merrill Edge - Preferred Rewards

Reiterating https://www.bogleheads.org/forum/viewtopic.php?p=3172906#p3172906 Datapoints: We got Preferred status about two days after opening checking accounts, and it was about 1.5 months after opening/funding brokerage accounts. In other words, neither account needs to be open for 3 months. The c...
by *3!4!/5!
Fri Apr 28, 2017 1:04 am
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 60
Views: 1573

Re: Should we treat investors' tolerance for volatility as fixed?

We should treat investors' tolerance for volatility as a complete red herring. A lot of this behavioral mumbo-jumbo is just a cynical attempt to drum up business for financial advisors. How so? No one has said a word about financial advisers before you did. What?! Are you saying no-one should ever ...
by *3!4!/5!
Fri Apr 28, 2017 12:37 am
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 60
Views: 1573

Re: Should we treat investors' tolerance for volatility as fixed?

We should treat investors' tolerance for volatility as a complete red herring. A lot of this behavioral mumbo-jumbo is just a cynical attempt to drum up business for financial advisors. How so? No one has said a word about financial advisers before you did. What?! Are you saying no-one should ever ...
by *3!4!/5!
Thu Apr 27, 2017 8:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Lower ER .04%
Replies: 56
Views: 5363

Re: Vanguard New Lower ER .04%

As of 04/27/2017, the expense ratio on your Vanguard Total Stock Market Index Fund Admiral Shares has changed from 0.05% to 0.04%. That is a 20% decrease in cost- where else can you save that much in one day!!!!! Thanks Vanguard. Saving 0.01% per year, it will take you about 2000 years to save 20%....
by *3!4!/5!
Thu Apr 27, 2017 8:38 pm
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 60
Views: 1573

Re: Should we treat investors' tolerance for volatility as fixed?

*3!4!/5! wrote:We should treat investors' tolerance for volatility as a complete red herring.
A lot of this behavioral mumbo-jumbo is just a cynical attempt to drum up business for financial advisors.
by *3!4!/5!
Thu Apr 27, 2017 6:48 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Lower ER .04%
Replies: 56
Views: 5363

Re: Vanguard New Lower ER .04%

As of 04/27/2017, the expense ratio on your Vanguard Total Stock Market Index Fund Admiral Shares has changed from 0.05% to 0.04%. That is a 20% decrease in cost- where else can you save that much in one day!!!!! Thanks Vanguard. Saving 0.01% per year, it will take you about 2000 years to save 20%.
by *3!4!/5!
Thu Apr 27, 2017 6:36 pm
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 60
Views: 1573

Re: Should we treat investors' tolerance for volatility as fixed?

We should treat investors' tolerance for volatility as a complete red herring.
by *3!4!/5!
Thu Apr 27, 2017 5:18 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 341
Views: 40524

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Also, for those that have commented about receiving calls from Merrill Edge advisors, well I finally got one today. Coincidentally, I should almost be at the 90 days. I just respectfully declined his help and asked if there is a do not call list be sure I'm on it haha. And when I asked him if he wa...
by *3!4!/5!
Wed Apr 26, 2017 11:02 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 106
Views: 8904

Re: Vanguard has switched to brokerage only accounts

Why does this thread even exist? The title makes it sound like it is reporting some news. :confused To expand: Newly opened accounts must be brokerage accounts, and this has been the case for a year or so. It's not news. Old accounts are gradually being switched over, and this has been ongoing for ...
by *3!4!/5!
Wed Apr 26, 2017 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Very minor and possibly silly question about MMF exchange in tIRA
Replies: 14
Views: 429

Re: Very minor and possibly silly question about MMF exchange in tIRA

I guess I'm just not clear on what I can and cannot do with my tIRA given that I've fully contributed to my Roth IRA for the year and I do contribute to the maximum to my 401(k). I'm just paranoid of running afoul of some weird tax rule. What?! This doesn't make any sense. I know it sounds weird, e...
by *3!4!/5!
Wed Apr 26, 2017 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Very minor and possibly silly question about MMF exchange in tIRA
Replies: 14
Views: 429

Re: Very minor and possibly silly question about MMF exchange in tIRA

Calygos wrote:I guess I'm just not clear on what I can and cannot do with my tIRA given that I've fully contributed to my Roth IRA for the year and I do contribute to the maximum to my 401(k). I'm just paranoid of running afoul of some weird tax rule.
What?! This doesn't make any sense.
by *3!4!/5!
Wed Apr 26, 2017 5:55 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 106
Views: 8904

Re: Vanguard has switched to brokerage only accounts

Why does this thread even exist? The title makes it sound like it is reporting some news. :confused To expand: Newly opened accounts must be brokerage accounts, and this has been the case for a year or so. It's not news. Old accounts are gradually being switched over, and this has been ongoing for ...
by *3!4!/5!
Wed Apr 26, 2017 5:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 106
Views: 8904

Re: Vanguard has switched to brokerage only accounts

Why does this thread even exist? The title makes it sound like it is reporting some news. :confused
by *3!4!/5!
Tue Apr 25, 2017 11:16 pm
Forum: Investing - Help with Personal Investments
Topic: Very minor and possibly silly question about MMF exchange in tIRA
Replies: 14
Views: 429

Re: Very minor and possibly silly question about MMF exchange in tIRA

DCA
Your message contains 3 characters.
You need to enter at least 5 characters.
by *3!4!/5!
Mon Apr 24, 2017 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 135
Views: 11428

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

Wow. I'm surprised it's so cognitively challenging to some people. Just wow! :oops:
by *3!4!/5!
Mon Apr 24, 2017 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 135
Views: 11428

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

If you look at the characteristics of successful countries, they tend to have more freedom and democracy. Dictatorial countries tend to be less successful. You may dispute that "statistic" but I think it's a fair observation. So the question some are raising is, is it really in the intere...
by *3!4!/5!
Mon Apr 24, 2017 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 135
Views: 11428

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

If you look at the characteristics of successful countries, they tend to have more freedom and democracy. Dictatorial countries tend to be less successful. You may dispute that "statistic" but I think it's a fair observation. So the question some are raising is, is it really in the interes...
by *3!4!/5!
Mon Apr 24, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 135
Views: 11428

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

I know this discussion is about companies rather than countries. But as I look around the world, I can't help noticing a general pattern that the quality of life is vastly better in countries where the citizens are more free to criticize their leaders. There is something drastically wrong with the ...
by *3!4!/5!
Sun Apr 23, 2017 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9212

Re: Why are pensions revered, but annuities reviled?

There are two employer matches, a smaller one going to the participant's plan i.e. DC->DC and DB->DB and a much larger one all going to DB regardless of participant's plan i.e. DC->DB and DB->DB (and there's an employee contribution going to their own plan). The percentages are variable so there is ...
by *3!4!/5!
Sun Apr 23, 2017 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9212

Re: Why are pensions revered, but annuities reviled?

When new employees were given a choice between the DB(=pension) and DC(=401a) plan they were told that the choice is actuarially neutral, that is, the same employee and employer contributions (as a percentage of salary) are made to whichever plan you choose. But what actually happens is that the emp...
by *3!4!/5!
Sun Apr 23, 2017 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9212

Re: Why are pensions revered, but annuities reviled?

*3!4!/5! wrote:... The employer match for DC participants is diverted to the DB plan.
by *3!4!/5!
Sun Apr 23, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9212

Re: Why are pensions revered, but annuities reviled?

I think it's telling that some of the ways pension funds commandeer funds from various sources in broad daylight are so audacious and shocking that many people find it hard to believe that's what's actually happening. But it is actually happening.
by *3!4!/5!
Sun Apr 23, 2017 3:16 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 139
Views: 12632

Re: Case study Broker trade executions

I use market orders nowadays most of the time. I use limit orders when a one or two cent change in share price matters. For example, I have $9998 and want to buy 100 shares of something trading near $99.98. I cannot pay $99.99 or more a share because I don't have enough money and I don't want to bu...
by *3!4!/5!
Sun Apr 23, 2017 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9212

Re: Why are pensions revered, but annuities reviled?

I agree 100%. It's not `a "beautiful" thing' for the people who forfeit several years salary to subsidize a pension that they are not part of. I cannot even find the words to describe how sick and evil pensions are. Who in the world has ever forfeited "several years salary to subsidi...
by *3!4!/5!
Sun Apr 23, 2017 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9212

Re: Why are pensions revered, but annuities reviled?

When I started working for my employer 33 years ago and one would comment about the defined benefit plan pension I thought yada yada ya...Four years from retirement, now I think what a "beautiful" thing. A defined benefit plan along with all other assets and savings equal a beautiful reti...
by *3!4!/5!
Sun Apr 23, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9212

Re: Why are pensions revered, but annuities reviled?

When I started working for my employer 33 years ago and one would comment about the defined benefit plan pension I thought yada yada ya...Four years from retirement, now I think what a "beautiful" thing. A defined benefit plan along with all other assets and savings equal a beautiful reti...
by *3!4!/5!
Sun Apr 23, 2017 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9212

Re: Why are pensions revered, but annuities reviled?

Actually I think there is a lot to be wary of with respect to pensions. I'd much rather have a generous employer match. Ditto that. I know of at least one financial podcaster who says that given the choice between a pension and a 401k with a good match, he'd recommend the 401k every time. To make a...
by *3!4!/5!
Sat Apr 22, 2017 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: What is the difference between downloaded and online tax software?
Replies: 16
Views: 943

Re: What is the difference between downloaded and online tax software?

Okay, it's really looking like the downloaded version has advantages I want. I might try the "Free File" online version next year to start with, but be prepared to switch over to the downloaded version. I could probably also live with the Free File Fillable Forms as well, since I'm pretty ...
by *3!4!/5!
Sat Apr 22, 2017 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: What is the difference between downloaded and online tax software?
Replies: 16
Views: 943

Re: What is the difference between downloaded and online tax software?

. . . I've been using downloaded TaxACT for several years (though this discussion is for all brands), but think I will switch to the "Free File" version which I understand(?) is online. Will I be disappointed in this version, (e.g. is it more restricted in capabilities), or is it basicall...
by *3!4!/5!
Sat Apr 22, 2017 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: What is the difference between downloaded and online tax software?
Replies: 16
Views: 943

Re: What is the difference between downloaded and online tax software?

I use online version of TT. Apart from being cheaper than desktop version, I like the fact that from any computer I can access my account, work on it etc. basically everywhere things are moving to cloud and I am comfortable joining the bandwagon. So go ahead and embrace online version. But the ques...
by *3!4!/5!
Sat Apr 22, 2017 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 135
Views: 11428

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

tinscale wrote:Image
This message is very popular with criminals.
by *3!4!/5!
Sat Apr 22, 2017 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 135
Views: 11428

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

I know this discussion is about companies rather than countries. But as I look around the world, I can't help noticing a general pattern that the quality of life is vastly better in countries where the citizens are more free to criticize their leaders. There is something drastically wrong with the p...
by *3!4!/5!
Sat Apr 22, 2017 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct pre-purchase discount
Replies: 142
Views: 17900

Re: TaxAct pre-purchase discount

^^ "preview edition in December" is too late as far as I'm concerned. In my mind the feature has simply disappeared. Yes, I remember in 2016 preview was available much earlier--in October IIRC. I can still use the preview in December (I did this year) for two reasons: that's when I do my ...
by *3!4!/5!
Sat Apr 22, 2017 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: What is the difference between downloaded and online tax software?
Replies: 16
Views: 943

What is the difference between downloaded and online tax software?

What is the difference between downloaded and online tax software? Recently (and each year) there have been some discussions in other threads about tax software options. To state the basics re downloaded vs online: The downloaded software sits on your own computer, as does your data. The online vers...
by *3!4!/5!
Sat Apr 22, 2017 5:29 pm
Forum: Personal Consumer Issues
Topic: Santander $225 bonus... delays?
Replies: 7
Views: 640

Re: Santander $225 bonus... delays?

That's just the nature of these kinds of bonuses (and cashback, and portal rebates, mail in rebates etc). Sometimes they simply don't pay out. At that point you can just give up, or wait, or expend some time, effort and aggravation to try to get it. Or not bother in the first place. You can try to p...
by *3!4!/5!
Sat Apr 22, 2017 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9212

Re: Why are pensions revered, but annuities reviled?

Actually I think there is a lot to be wary of with respect to pensions. I'd much rather have a generous employer match. Ditto that. I know of at least one financial podcaster who says that given the choice between a pension and a 401k with a good match, he'd recommend the 401k every time. To make a...
by *3!4!/5!
Sat Apr 22, 2017 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct pre-purchase discount
Replies: 142
Views: 17900

Re: TaxAct pre-purchase discount

^^ "preview edition in December" is too late as far as I'm concerned. In my mind the feature has simply disappeared.

Go to advanced search