Search found 2580 matches

by JamesSFO
Mon May 30, 2016 2:07 pm
Forum: Investing - Theory, News & General
Topic: Avoid Ubiquity Savings as 401(k) provider until they fix Mar/Apr 2016 problems
Replies: 37
Views: 3962

Re: Avoid Ubiquity Savings as 401(k) provider until they fix Mar/Apr 2016 problems

Someone at the Ubiquity Facebook link posted this place to file complaints with the Department of Labor: https://www.askebsa.dol.gov/WebIntake/Home.aspx Myself...we just started with Ubiquity. They finally fixed it so I could enroll, and my employer / plan sponsor wants me to give them a try since ...
by JamesSFO
Fri May 27, 2016 9:41 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 151
Views: 11145

Re: Vanguard Customer Service

segfault wrote:<snipped>Has anyone else had issues converting to Admiral shares? I don’t see this as being worth leaving Vanguard over, but it is really irritating.


That's UNBELIEVABLY frustrating. Sorry to even read it. I've not had a problem like that. Keep escalating.
by JamesSFO
Fri May 27, 2016 9:40 am
Forum: Investing - Theory, News & General
Topic: "Vanguard converting mutual fund accounts to brokerage?
Replies: 400
Views: 70433

Re: "Vanguard converting mutual fund accounts to brokerage?

I don't know if anyone else is bothered by it, but I am repeatedly left with a penny in the "Settlement Fund". Something like that happened to me once, and I ended up receiving a paper check for one cent from Vanguard. I keep it as a souvenir. I had my Flagship rep fix it by moving the $ ...
by JamesSFO
Wed May 25, 2016 1:35 am
Forum: Investing - Theory, News & General
Topic: Avoid Ubiquity Savings as 401(k) provider until they fix Mar/Apr 2016 problems
Replies: 37
Views: 3962

Re: Avoid Ubiquity Savings as 401(k) provider until they fix Mar/Apr 2016 problems

You can get Admiral share class through Employee Fiduciary without a problem - regardless of size. I have a client with 3 employees that uses EF and has a lineup of Admiral Share Class funds with EF. I am aware of both platforms and, generally speaking, EF should be less expensive than Vanguard/Asc...
by JamesSFO
Tue May 24, 2016 10:28 am
Forum: Investing - Theory, News & General
Topic: Vanguard Celebrates VTI's 15th Birthday
Replies: 1
Views: 392

Vanguard Celebrates VTI's 15th Birthday

Cute blog post recognizing VTI's 15th birthday (vanguard's first ETF): http://vanguardblog.com/2016/05/24/our-first-etf-is-15-years-old/ And now here we are. Almost halfway through 2016, as you approach your 15th birthday, you have grown to a $59 billion share class of the $418 billion Vanguard Tota...
by JamesSFO
Mon May 23, 2016 11:42 am
Forum: Personal Finance (Not Investing)
Topic: What's the deal with credit freeze charges?
Replies: 22
Views: 1347

Re: What's the deal with credit freeze charges?

I thought for ID theft if you had a police report on file with them they waived the fees in all states? I know they do in California.
by JamesSFO
Sun May 22, 2016 8:56 am
Forum: Investing - Theory, News & General
Topic: Avoid Ubiquity Savings as 401(k) provider until they fix Mar/Apr 2016 problems
Replies: 37
Views: 3962

Re: Avoid Ubiquity Savings as 401(k) provider until they fix Mar/Apr 2016 problems

Thanks morefd3 - good to know it's possible and how you did it. I want to look into Employee Fiduciary as an alternative. Unfortunately Vanguard / Ascensus seems too expensive as my employer is under 10 people. But I'm wondering if maybe this is just something you can't do if you're too small. I do...
by JamesSFO
Sun May 22, 2016 8:55 am
Forum: Investing - Theory, News & General
Topic: Avoid Ubiquity Savings as 401(k) provider until they fix Mar/Apr 2016 problems
Replies: 37
Views: 3962

Re: Avoid Ubiquity Savings as 401(k) provider until they fix Mar/Apr 2016 problems

JamesSFO - who did you move your 401(k) to? Did you pay Ubiquity to close it (I think they charge sometlhing like $1K)? (**oops, sorry - he said above they left for Vanguard / Ascensus**) We left circa late spring/early summer 2015 before this round of problems though we had other problems with Ubi...
by JamesSFO
Fri May 20, 2016 3:57 pm
Forum: Investing - Theory, News & General
Topic: Avoid Ubiquity Savings as 401(k) provider until they fix Mar/Apr 2016 problems
Replies: 37
Views: 3962

Re: Avoid Ubiquity Savings as 401(k) provider until they fix Mar/Apr 2016 problems

The CEO post on Facebook really irks me. You shouldn't be touting all of your "flawless" trades when there are so many that are currently incorrect. Maybe as a percentage of clients this is a small issue, but I've seen too many on here, and I'm sure there are many more who aren't posting ...
by JamesSFO
Mon May 16, 2016 1:12 am
Forum: Investing - Theory, News & General
Topic: Avoid Ubiquity Savings as 401(k) provider until they fix Mar/Apr 2016 problems
Replies: 37
Views: 3962

Re: Avoid Ubiquity Savings as 401(k) provider until they fix Mar/Apr 2016 problems

When we had Ubiquity, the funds were all held by TD Ameritrade and everything was in pooled holdings, e.g. we would get TDA statements showing say 10K shares of VG Total Stock, even if no one participant had 10K shares that was the sum of everyone's VG Total Stock, etc. The TDA statements did not ha...
by JamesSFO
Tue May 10, 2016 12:31 am
Forum: Investing - Help with Personal Investments
Topic: Moving a 401k plan to Vanguard? Is it easy?
Replies: 8
Views: 743

Re: Moving a 401k plan to Vanguard? Is it easy?

Thanks JamesSFO and Pulling Hard. Glad to hear both went smoothly. That doesn't sound too bad at all. As I mentioned, we have just under $700k in our plan, so I imagine that we would be with Vanguard/Ascensus. Management fees of $3-6k don't sound too bad (equates to .5-1% annually) -- less than we ...
by JamesSFO
Mon May 09, 2016 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Moving a 401k plan to Vanguard? Is it easy?
Replies: 8
Views: 743

Re: Moving a 401k plan to Vanguard? Is it easy?

I'm not sure whether your plan would be direct-sold with Vanguard or a combined Vanguard/Ascensus plan. I can speak to a Vanguard/Ascensus plan. We transitioned from one low cost provider (Ubiquity formerly TheOnline401K) to Vanguard/Ascensus. Overall went quite smoothly, all problems were on Ubiqui...
by JamesSFO
Mon May 02, 2016 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Potential Employer was excited to hire me! Then silence... What did I do?
Replies: 60
Views: 6356

Re: Potential Employer was excited to hire me! Then silence... What did I do?

At least in California, my recollection is an adverse background check would have to be disclosed much like an adverse credit report issue. Worth asking specifically about this though.
by JamesSFO
Sun May 01, 2016 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 151
Views: 11145

Re: Vanguard Customer Service

Flagship here with Vanguard, have usually had good experiences, but have also had bad Flagship reps. Sort of recommend anyone with enough assets to have some Admiral-type shares also have a smaller account with another institution, helps keep perspective. Fidelity is my #2 site and they've been quit...
by JamesSFO
Thu Apr 28, 2016 12:39 pm
Forum: Investing - Theory, News & General
Topic: Avoid Ubiquity Savings as 401(k) provider until they fix Mar/Apr 2016 problems
Replies: 37
Views: 3962

Re: Avoid Ubiquity Savings as 401(k) provider until they fix Mar/Apr 2016 problems

Wow, this is horrendous, so glad we left them in 2015 for Vanguard/Ascensus.
by JamesSFO
Tue Apr 26, 2016 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 333
Views: 54236

Re: Anyone regret paying off mortgage early?

Stupid question but with ~7 pages to the thread now, did we actually find someone who regretted paying off early? Also, to Victoria's example of a disaster loss. It's a reasonable thought in a non-recourse state if your mortgage loan is still non-recourse (often becomes recoursable during refinance...
by JamesSFO
Mon Mar 21, 2016 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: What Fees does Vanguard charge for Admin 401k
Replies: 12
Views: 1341

Re: What Fees does Vanguard charge for Admin 401k

We use the Ascensus-based Vanguard plan for a <10 emp company. Fees are like $2-3K/year and COULD be defrayed if we used regular instead of Admiral shares.

They have been awesome.
by JamesSFO
Tue Mar 08, 2016 4:18 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces says IRS auditors disapprove of Backdoor Roth IRA's
Replies: 154
Views: 19997

Re: Michael Kitces says IRS auditors disapprove of Backdoor Roth IRA's

I guess one question would be, do these IRS agents think there is ANY amount of time to wait to convert that would be ok (and thus avoid the step transaction doctrine)? If not, then they are just ignoring the statute which allows people to convert without limit, which was a clear change in the law.
by JamesSFO
Tue Feb 23, 2016 11:10 am
Forum: Investing - Theory, News & General
Topic: New 401(k) plan is live - thank you!
Replies: 3
Views: 596

Re: New 401(k) plan is live - thank you!

Congrats!

Who is your provider in the end?
by JamesSFO
Tue Feb 09, 2016 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Flagship Investor with 700 credit score ?
Replies: 52
Views: 7252

Re: Flagship Investor with 700 credit score ?

Get you free copies (1 per reporting agency annually) and look what is ON the reports.
by JamesSFO
Tue Feb 02, 2016 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Already filed taxes, didn't include small amount of interest income
Replies: 31
Views: 3382

Re: Already filed taxes, didn't include small amount of interest income

In the past when I had late arriving materials (e.g. K-1 I wasn't expecting) but value was under like $25, my CPA just reported it the following year... Amendment is the fully proper choice, but for such a small amount the time spent amending exceeds the taxes, etc.
by JamesSFO
Sat Jan 30, 2016 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Provider
Replies: 66
Views: 7899

Re: 401K Provider

By the way, we ended up leaving Ubiquity due to their repeated inability to fix simple errors... Who did you change to? How did the conversion go for you? Vanguard/Ascensus. Ascensus was wonderful. Ubiquity had difficulties giving us simple Excel or CSV reports. But Ascensus handled all of the Ubiq...
by JamesSFO
Sat Jan 30, 2016 9:09 am
Forum: Investing - Help with Personal Investments
Topic: 401K Provider
Replies: 66
Views: 7899

Re: 401K Provider

By the way, we ended up leaving Ubiquity due to their repeated inability to fix simple errors...
by JamesSFO
Sun Jan 17, 2016 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Does IRS enforce Roth IRA income phaseout?
Replies: 3
Views: 575

Re: Does IRS enforce Roth IRA income phaseout?

Any chance you can roll your IRA into your 401K?
by JamesSFO
Tue Jan 12, 2016 9:09 pm
Forum: Investing - Theory, News & General
Topic: "It's a Perfect Strategy for My Enemies" [Scott Adams on Active Management]
Replies: 73
Views: 7781

Re: "It's a Perfect Strategy for My Enemies" [Scott Adams on Active Management]

Highly recommend Rick Ferri's paper: A Case for Index Fund Portfolios Investors holding only index funds have a better chance for success Richard A. Ferri, CFA Portfolio Solutions®, LLC Alex C. Benke, CFP® Betterment EXECUTIVE SUMMARY The success of index investing in individual asset class categori...
by JamesSFO
Sat Jan 09, 2016 9:24 am
Forum: Personal Finance (Not Investing)
Topic: [Fidelity drops AmEx, Bank of America credit cards]
Replies: 160
Views: 18365

Re: [Fidelity drops AmEx, Bank of America credit cards]

I have the FIA AMEX and the FIA VISA. I just called them and asked to be converted now to the new 2% VISA. Overall it took about 20 minutes, but I'm told my new card is on its way and that my existing cards will remain valid until I receive the new one. Weird my neighbor called and was told you cou...
by JamesSFO
Sat Jan 09, 2016 1:38 am
Forum: Personal Finance (Not Investing)
Topic: The Index Card (new personal finance book)
Replies: 13
Views: 1655

NYTimes: Index Card Sized Financial Advice

Good Boglehead-consistent advice from 8 personal finance authors on a single index card via the NYTimes: http://www.nytimes.com/2016/01/09/your- ... short.html
by JamesSFO
Tue Jan 05, 2016 10:52 pm
Forum: Investing - Help with Personal Investments
Topic: Flagship customer service
Replies: 10
Views: 1396

Re: Flagship customer service

There is a lot of variance among the reps, I've had 3 in the past ~5 years, and the first J- was awesome. She disappeared and I got B-. B- was a disaster. Then B- disappeared and I got D-. D- rocks. Anyhow, just ask to be re-assigned. I will also second using email to contact them and get them tee'e...
by JamesSFO
Mon Jan 04, 2016 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: [Fidelity drops AmEx, Bank of America credit cards]
Replies: 160
Views: 18365

Fido Amex going away?

Looks like Fidelity is launching a new product with Elan Financial Services, it was a note dated today in my accountL

https://www.fidelity.com/cash-managemen ... ember-faqs

EDIT TO ADD: Unclear what new rewards program will be, cards will ONLY be Visa.
by JamesSFO
Thu Dec 31, 2015 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Best No Annual Fees Rewards/Cash-Back Credit Cards
Replies: 87
Views: 7448

Re: Best No Annual Fees Rewards/Cash-Back Credit Cards

I'm a big fan of this 120+ page FatWallet thread on credit card offers, the first page has a good summary in the second post:

http://www.fatwallet.com/forums/finance/711457/
by JamesSFO
Sat Dec 19, 2015 12:32 am
Forum: Investing - Theory, News & General
Topic: "Vanguard converting mutual fund accounts to brokerage?
Replies: 400
Views: 70433

Re: "Vanguard converting mutual fund accounts to brokerage?

I think I consolidated the last of my mutual funds with my other brokerage holdings in the late 80's. That this is STILL an issue at Vanguard and still causing problems, wailing and gnashing of teeth is kind of astounding. This issue mainly and other posts about some other anachronistic practices i...
by JamesSFO
Mon Dec 07, 2015 9:41 am
Forum: Investing - Theory, News & General
Topic: Vanguard sued for [failing to charge market rates to and then paying taxes on services to its mutual funds]
Replies: 781
Views: 120536

Re: Vanguard sued for [failing to charge market rates to and then paying taxes on services to its mutual funds]

Also, as for the government vs private sector comparison, Exxon-Mobil's 401k plan has an ER of around 3.5 bp, not much more than TSP. And this goes in line with the point I made much earlier in the thread--that it's not clear to me that Vanguard couldn't get us all lower expenses by simply contract...
by JamesSFO
Fri Dec 04, 2015 10:39 pm
Forum: Investing - Theory, News & General
Topic: Bond vs Bond Fund (I'm not grasping)
Replies: 21
Views: 1829

Re: Bond vs Bond Fund (I'm not grasping)

Two big ones: most (many?) bond funds don't hold to maturity and mark to market accounting. Lack of holding to maturity means that the bond fund will likely sell most bonds around when they are a year old to match the index and buy new bonds. Mark to market accounting means that the bond fund has to...
by JamesSFO
Tue Dec 01, 2015 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Admiral Conversion = Cost Basis Reset?
Replies: 15
Views: 4448

Re: Admiral Conversion = Cost Basis Reset?

I found this thread today after seeing that Vanguard converted my wife's Admiral shares of the Total International fund to Investor shares. I get all of the ramifications that this is not a taxable event and is more akin to a stock split than a sale and purchase, but I'm stumped trying to figure ou...
by JamesSFO
Sun Nov 08, 2015 9:12 am
Forum: Personal Consumer Issues
Topic: Costco auto buying service is USELESS!
Replies: 27
Views: 7871

Re: Costco auto buying service is USELESS!

Weird in 2012 when I used the Costco service they provided the price right on my mobile phone. Shame they've changed it.
by JamesSFO
Sat Nov 07, 2015 9:21 am
Forum: Investing - Theory, News & General
Topic: I-Bond Reality Check
Replies: 10
Views: 2296

Re: I-Bond Reality Check

Thanks for the responses. James...Can the trust therefore hold $20K per year? Is registration a separate step after purchase,or part of the purchasing template? (1) The trust can buy $10K of I and $10K of E, if you have your personal account still your personal account can buy $10K of I and $10K of...
by JamesSFO
Wed Nov 04, 2015 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: myRA Clarification
Replies: 5
Views: 624

Re: myRA Clarification

(1) myRA should be thought of as a brand name for a particular type of IRA, so if you are ineligible you are ineligible

(2) See (1)

(3) I'm unsure, but I believe the answer is no.
by JamesSFO
Wed Nov 04, 2015 5:25 pm
Forum: Investing - Theory, News & General
Topic: I-Bond Reality Check
Replies: 10
Views: 2296

Re: I-Bond Reality Check

My I-Bonds are registered in the name of my living trust so it is possible to do.
by JamesSFO
Sat Oct 31, 2015 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard alert [Unclaimed property notice]
Replies: 53
Views: 6842

Re: Vanguard alert

I had the following message displayed across the top of my Vanguard online statement this morning... "You are seeing this alert because your account may be turned over to the state as unclaimed property unless you contact us immediately at 1-877-662-7447." While I think it is a mistake, i...
by JamesSFO
Wed Oct 28, 2015 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Employer making me close Vanguard Brokerage
Replies: 24
Views: 2732

Re: Employer making me close Vanguard Brokerage

Fidelity has some decent Spartan index funds as well as free trades of iShares ETFs which can be used to build a 3-4 fund portfolio too.
by JamesSFO
Sun Oct 25, 2015 12:00 pm
Forum: Investing - Theory, News & General
Topic: Richuncles.com [non-traded REIT]?
Replies: 35
Views: 5418

Re: Richuncles.com?

Thanks again all for the thoughts, to be clear I wasn't planning to invest before but I certainly won't now.
by JamesSFO
Sun Oct 18, 2015 10:01 pm
Forum: Investing - Theory, News & General
Topic: Richuncles.com [non-traded REIT]?
Replies: 35
Views: 5418

Re: Richuncles.com?

Thanks LadyGeek!
by JamesSFO
Sun Oct 18, 2015 9:46 pm
Forum: Investing - Theory, News & General
Topic: Richuncles.com [non-traded REIT]?
Replies: 35
Views: 5418

Richuncles.com [non-traded REIT]?

So these guys have been advertising heavily in the SF Bay Area of late https://www.richuncles.com/ . Seems like a privately held individual REIT; but the advertising makes it sounds like it is some sort of Prosper/Lending Tree where you get to co-invest with experts. I suppose both things could be t...
by JamesSFO
Sun Oct 18, 2015 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Maximum limit for Fido Ex-US Index (FSGDX)?
Replies: 26
Views: 1751

Re: Maximum limit for Fido Ex-US Index (FSGDX)?

- FSIVX - The Spartan fund is also international and another option

- I'm highly skeptical about this limit, I suspect if the OP talks to the specialized trading desk they will help you perform the investment/withdrawal.
by JamesSFO
Fri Oct 16, 2015 7:00 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Brokerage Services delays and inconsistencies
Replies: 4
Views: 631

Re: Vanguard Brokerage Services delays and inconsistencies

FWIW, I've noticed of late with Fidelity that if I log in from about 6-7pm Pacific until the next day, often Fidelity cannot show me ANY cost basis information for either Mutual Funds or ETFs. My point being it's not just a VBS issue. And yes, I've noticed some of this with VBS myself.

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