Search found 2566 matches

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: 20
Views: 1935

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: 52267

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: 1280

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: 19363

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: 563

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: 6913

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: 3271

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: 64
Views: 7172

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: 64
Views: 7172

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: 551

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: 7529

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: 152
Views: 15751

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: 1607

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: 1363

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: 152
Views: 15751

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: 6856

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: 387
Views: 51468

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: 777
Views: 116270

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: 1737

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: 4407

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: 7219

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: 2253

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: 600

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: 2253

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: 6623

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: 2664

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: 5037

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: 5037

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: 5037

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: 1690

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: 613

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.
by JamesSFO
Thu Sep 24, 2015 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: What is the point of a Flagship Representative?
Replies: 69
Views: 8228

Re: What is the point of a Flagship Representative?

(1) The flagship reps are VERY uneven. Some are tremendously experienced and others are not. (2) If you REALLY need to reach YOUR rep, make an appointment via the website (3) Overall, the perk is you are likely to be sent to a more experienced set of phone representatives who overall are (within pol...
by JamesSFO
Wed Sep 23, 2015 1:18 am
Forum: Investing - Help with Personal Investments
Topic: Top Hat DB Cash Balance Plan on top of 401K?
Replies: 19
Views: 3629

Re: Top Hat DB Cash Balance Plan on top of 401K?

Aside, after a long time we ended up actually implementing this we went with Ascensus. We were already on the Vanguard/Ascensus platform for our 401K and Ascensus offered to do the DB piece on top of the 401K for similar amounts as other plans but letting us leave our 401K with Vanguard Admiral shar...
by JamesSFO
Tue Sep 22, 2015 11:56 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime is $67 for New Members Friday
Replies: 51
Views: 4962

Re: Amazon Prime is $67 for New Members Friday

Anyone know if it is possible to gift yourself an extra year of Prime @ the $67 rate? (e.g. you already have prime but want to keep it an extra year?)
by JamesSFO
Thu Sep 17, 2015 7:34 am
Forum: Investing - Help with Personal Investments
Topic: Anybody else get phone calls from Fidelity?
Replies: 38
Views: 2804

Re: Anybody else get phone calls from Fidelity?

I think the "magic" issue is you have an employer retirement account but are no longer with the old employer. Your old employer may be asking Fido to try to get you to roll out or some such, I know we used to use Fido for our 401K and they would help us try to get people who separated out ...
by JamesSFO
Wed Aug 26, 2015 12:00 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks Does it Ever Make Sense?
Replies: 81
Views: 8239

Re: Individual Stocks Does it Ever Make Sense?

I find absolutes like "ever"/"never" usually unhelpful. I think for 99+% of people individual stocks are probably a bad choice. There still however may be reasons to hold some individual stocks: (1) If wealthy enough you can make your own psuedo-index fund, I believe one of Bette...
by JamesSFO
Fri Jul 24, 2015 9:32 am
Forum: Personal Finance (Not Investing)
Topic: How long does a company have to deposit withheld 401k funds?
Replies: 19
Views: 2166

Re: How long does a company have to deposit withheld 401k funds?

You're correct to an extent. The requirement I discussed above is specific to when the funds have to be segregated from the employer's assets and held in trust for the plan. However, it's likely imprudent and a violation of the plan's documents to have the plan's money sitting in cash for any lengt...
by JamesSFO
Thu Jul 23, 2015 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: How long does a company have to deposit withheld 401k funds?
Replies: 19
Views: 2166

Re: How long does a company have to deposit withheld 401k funds?

Nope. That is definitely wrong. The safe harbor is a safe harbor, not a suggestion. The requirement in all situations is that the employees' contributions be remitted as soon as possible. Small employers get a pass on having to pay interest and excise taxes if they remit within 7 business days. Lar...
by JamesSFO
Mon Jul 20, 2015 11:26 pm
Forum: Investing - Theory, News & General
Topic: Pros and cons of adding Roth Option to 401K Plan
Replies: 103
Views: 6897

Re: Pros and cons of adding Roth Option to 401K Plan

I respect livesoft tremendously, and he is one of the people who convinced me personally to switch from Roth --> traditional contributions. That said, I believe plans should have a Roth option. Different workers have different plans and different beliefs about future government policies, tax rates, ...
by JamesSFO
Sun Jul 19, 2015 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback on Scott Burns and AssetBuilder Inc.
Replies: 28
Views: 9094

Re: Feedback on Scott Burns and AssetBuilder Inc.

I keep hearing that an adviser is required to purchase DFA funds. I am able to buy DFA funds in my employers 401(k) held at Schwab. Schwab charges me a one time transaction fee of $15 to purchase any DFA fund, no matter the size of the purchase. I agree that this would be prohibitive if I were putt...
by JamesSFO
Sat Jul 18, 2015 1:56 am
Forum: Investing - Help with Personal Investments
Topic: Help with 401K Selection Please
Replies: 22
Views: 899

Re: Help with 401K Selection Please

You might want to edit your post to include the expense ratios + any fees your 401K provides since those are not standardized even if the mutual fund has a ticker symbol.
by JamesSFO
Sun Jun 21, 2015 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Is Private Banking ever useful for simple Bogleheads
Replies: 35
Views: 5058

Re: Is Private Banking ever useful for simple Bogleheads

I've found it useful from time to time for getting someone more customer-service focused and getting the occasional exception to "rules" which turn out to be "flexible policies".

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