Search found 42 matches

by S17C
Sat Mar 25, 2017 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Revokable Living Trust without telling the executor & beneficiary(s)?
Replies: 14
Views: 681

Re: Revokable Living Trust without telling the executor & beneficiary(s)?

Thank you for your replies. Yes, I have lots of learning to do about the individuals, roles, and processes involved in a trust. My post here is a starting point before a first consultation with a trust attorney. Another reason I do not wish to tell others who stand to benefit from my unexpected deat...
by S17C
Fri Mar 24, 2017 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Revokable Living Trust without telling the executor & beneficiary(s)?
Replies: 14
Views: 681

Re: Revokable Living Trust without telling the executor & beneficiary(s)?

Thank you for your reply. I appreciate the information you shared.
by S17C
Fri Mar 24, 2017 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Revokable Living Trust without telling the executor & beneficiary(s)?
Replies: 14
Views: 681

Revokable Living Trust without telling the executor & beneficiary(s)?

I'm currently single, never married. Mid-career. Currently mid-six figures in total assets, including my home that I own free and clear. I'm planning to set up a revocable living trust in case the unexpected happens in my near future. However I would prefer not to inform the potential beneficiaries ...
by S17C
Fri Mar 24, 2017 7:20 pm
Forum: Personal Consumer Issues
Topic: Bank mobile e-payment to another person. Good as it seems?
Replies: 10
Views: 414

Re: Bank mobile e-payment to another person. Good as it seems?

Sounds like there aren't any major downsides to mobile payment person to person. I will give it a try then. Thanks!
by S17C
Fri Mar 24, 2017 6:52 pm
Forum: Personal Consumer Issues
Topic: Bank mobile e-payment to another person. Good as it seems?
Replies: 10
Views: 414

Re: Bank mobile e-payment to another person. Good as it seems?

need403bhelp wrote:
PayPal no fee nor % for personal payments with debit card or bank account.


Was that one reason that banks switched their mobile personal payment services to free over the last few years since PayPal didn't charge their senders or receivers a fee?
by S17C
Fri Mar 24, 2017 6:40 pm
Forum: Personal Consumer Issues
Topic: Anyone use Verizon wireless prepaid for cell phones???
Replies: 16
Views: 933

Re: Anyone use Verizon wireless prepaid for cell phones???

I haven't used Verizon wireless prepaid. Instead, I use Tracphone. I buy enough minutes and service days once a year and occasionally buy data for my android throughout the year as needed. +1 Another economical plan for those who have a landline to do most of their talking and just carry a cell for...
by S17C
Fri Mar 24, 2017 6:37 pm
Forum: Personal Consumer Issues
Topic: Bank mobile e-payment to another person. Good as it seems?
Replies: 10
Views: 414

Re: Bank mobile e-payment to another person. Good as it seems?

Chase Quickpay, SquareCash, Venmo, PayPal. All free. All secure. All work flawlessly. I use all of them. I use Quickpay to handle business from my Chase business checking account. My business also accepts PayPal. SquareCash and Venmo are easy for splitting the check. Doesn't PayPal charge a % and a...
by S17C
Fri Mar 24, 2017 5:51 pm
Forum: Personal Consumer Issues
Topic: Bank mobile e-payment to another person. Good as it seems?
Replies: 10
Views: 414

Bank mobile e-payment to another person. Good as it seems?

One person in the group covers the bill for lunch/parking/tickets and has each person payback whenever. There is mobile banking so payment can be done immediately by entering someone's email or cell number (I believe it's called person to person payment, available even if the account is at another c...
by S17C
Fri Mar 24, 2017 9:20 am
Forum: Investing - Theory, News & General
Topic: Vanguard: "Important: We've been unable to reach you by email"
Replies: 31
Views: 2673

Re: Vanguard: "Important: We've been unable to reach you by email"

I resolved a similar issue when the "bounce-back" paper notices were sent to me by another financial services provider. No problem for years. Then suddenly out of the blue I get a bounce-back paper letter. Then, for the next three months, they continued sending me paper mail about bounce-b...
by S17C
Tue Mar 21, 2017 11:35 am
Forum: Investing - Theory, News & General
Topic: Sitting on cash....Waiting for a crash
Replies: 129
Views: 17002

Re: Sitting on cash....Waiting for a crash

As of 12:35pm EDT the S&P 500 has dropped about 17-18 since market open, at its lowest point since February 2017. Discount prices on S&P500!
by S17C
Mon Mar 20, 2017 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: S&P 500 long-term investment: Mutual Fund vs. ETF?
Replies: 23
Views: 830

Re: S&P 500 long-term investment: Mutual Fund vs. ETF?

Yes, gradual reduction and/or future redirection are possibilities in the future. Sounds like ETFs win for taxes in my situation regardless.
by S17C
Mon Mar 20, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: S&P 500 long-term investment: Mutual Fund vs. ETF?
Replies: 23
Views: 830

Re: S&P 500 long-term investment: Mutual Fund vs. ETF?

It is true that you will have received more distributions from the mutual fund than from the ETF, which has the effect of raising the cost basis of your investment. However, you paid taxes (at perhaps a higher rate than in the future, in retirement!) on those capital gains, money which otherwise co...
by S17C
Mon Mar 20, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: S&P 500 long-term investment: Mutual Fund vs. ETF?
Replies: 23
Views: 830

Re: S&P 500 long-term investment: Mutual Fund vs. ETF?

I've spent the last hour reading about ETFs vs. mutual funds. Here is a downside I discovered about ETFs: ETF purchases can't be fractional like mutual funds. An automatic monthly purchase of $2000 at $239.44 share price would buy 8 shares and the remaining $84.48 wouldn't be invested yet. The inves...
by S17C
Mon Mar 20, 2017 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: S&P 500 long-term investment: Mutual Fund vs. ETF?
Replies: 23
Views: 830

Re: S&P 500 long-term investment: Mutual Fund vs. ETF?

You didn't mention whether this is in an IRA or a taxable account. That should make a difference for your decision if it is a taxable account; FUSVX has regular capital gains distributions while ETFs, especially iShares', are generally more tax efficient. Taxable account. The mutual fund FUSVX has ...
by S17C
Mon Mar 20, 2017 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: S&P 500 long-term investment: Mutual Fund vs. ETF?
Replies: 23
Views: 830

Re: S&P 500 long-term investment: Mutual Fund vs. ETF?

If you can reinvest the dividends in the S&P 500 ETF for free, the choice between a fund and an ETF would be a wash. Thank you for your reply. Fidelity currently offers both the mutual fund (FUSVX) and the ETF (IVV) with no trading/reinvestment charge. That could change anytime in the future. Y...
by S17C
Mon Mar 20, 2017 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: S&P 500 long-term investment: Mutual Fund vs. ETF?
Replies: 23
Views: 830

Re: S&P 500 long-term investment: Mutual Fund vs. ETF?

nedsaid wrote: You want an ETF that is in high demand and trades a lot. ETF's can go out of business.


If an ETF goes out of business, could the investor lose some or all of their investment?
by S17C
Mon Mar 20, 2017 11:57 am
Forum: Investing - Help with Personal Investments
Topic: S&P 500 long-term investment: Mutual Fund vs. ETF?
Replies: 23
Views: 830

Re: S&P 500 long-term investment: Mutual Fund vs. ETF?

Unless I were day-trading, I would not choose SPY . It's older structure does not allow internal reinvesting of dividends between dividend dates, resulting in a slight drag in excess of the higher ER. It would have finished the last decade at $20,857.41. Not a big deal, but an unnecessary shortfall...
by S17C
Mon Mar 20, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: S&P 500 long-term investment: Mutual Fund vs. ETF?
Replies: 23
Views: 830

Re: S&P 500 long-term investment: Mutual Fund vs. ETF?

nedsaid wrote:If you can reinvest the dividends in the S&P 500 ETF for free, the choice between a fund and an ETF would be a wash.

Thank you for your reply. Fidelity currently offers both the mutual fund (FUSVX) and the ETF (IVV) with no trading/reinvestment charge. That could change anytime in the future.
by S17C
Mon Mar 20, 2017 11:39 am
Forum: Investing - Help with Personal Investments
Topic: S&P 500 long-term investment: Mutual Fund vs. ETF?
Replies: 23
Views: 830

S&P 500 long-term investment: Mutual Fund vs. ETF?

This is a follow-up thread to my upcoming low six-figure investment into a S&P 500 Index Fund and then let it sit for about 20-25 years. Also, I will start automatic investments of about $2K monthly into this S&P 500 fund ($20K-25K/yr). My portfolio is posted in the original thread: https://...
by S17C
Sun Mar 19, 2017 4:43 pm
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 290
Views: 13150

Re: Your USER NAME...what does it mean?

S17C is a mechanical structure carbon steel.
by S17C
Sun Mar 19, 2017 12:08 pm
Forum: Personal Consumer Issues
Topic: Do you purposely spend with companies in your investment portfolio?
Replies: 42
Views: 1949

Do you purposely spend with companies in your investment portfolio?

Say that you buy & hold mutual funds or index funds with significant holdings in companies such as Toyota, Marriott, AT&T, Johnson & Johnson, Bank of America, Exxon, etc. Do you then purposely give some of your business to those companies (over other companies which are not in your portf...
by S17C
Sat Mar 18, 2017 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Advice on bulk investment in S&P 500 for retirement savings growth?
Replies: 13
Views: 819

Re: Advice on bulk investment in S&P 500 for retirement savings growth?

everything you have written shows you are a very conservative, risk averse investor, and now, after sitting out a 300% bull market in stocks, you believe you are prepared to shift 100% of your portfolio to stocks in the next 18 months A bulk investment into SP500 would represent approx. a 33% immed...
by S17C
Sat Mar 18, 2017 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Advice on bulk investment in S&P 500 for retirement savings growth?
Replies: 13
Views: 819

Re: Advice on bulk investment in S&P 500 for retirement savings growth?

Just buy it now or dollar cost average over six months. Don't try to time the market because you'll lose. Follow your plan of investing $2000 a month and move on . Set automatic investing from the website and move in with your life. Look at the account maybe once a year. Really simple. They key is ...
by S17C
Sat Mar 18, 2017 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Advice on bulk investment in S&P 500 for retirement savings growth?
Replies: 13
Views: 819

Re: Advice on bulk investment in S&P 500 for retirement savings growth?

If you really think you can invest in 100% stocks, an SP 500 or total stock market index would be my first choice. But are you sure you will not panic and pull out with a big market dive such as a 30-40% drop of your hard earned money? What build my confidence in the S&P 500 is historical perfo...
by S17C
Sat Mar 18, 2017 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Advice on bulk investment in S&P 500 for retirement savings growth?
Replies: 13
Views: 819

Re: Advice on bulk investment in S&P 500 for retirement savings growth?

Thank you for your input. 2. Again, it's hard to go wrong with the S&P. And when the market takes a downturn, you can concentrate on how great it is that you get to buy all these stocks on sale. The bolded part reminded me of a follow up question (for anyone to answer): Should I wait a year or s...
by S17C
Sat Mar 18, 2017 12:40 am
Forum: Investing - Help with Personal Investments
Topic: Advice on bulk investment in S&P 500 for retirement savings growth?
Replies: 13
Views: 819

Re: Advice on bulk investment in S&P 500 for retirement savings growth?

after a long time in nearly 100% conservative investments, why are you suddenly wanting to switch almost entirely to 100% aggressive investments? Starting out in my career in the early 2000s, and then again in 2008-09: those were uncertain market times that I felt I needed to clutch-on to what I ha...
by S17C
Fri Mar 17, 2017 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on bulk investment in S&P 500 for retirement savings growth?
Replies: 13
Views: 819

Advice on bulk investment in S&P 500 for retirement savings growth?

Feedback requested: Next week I’m considering investing a low six-figure bulk amount into a S&P 500 Index Fund. I would let it sit for about two decades to grow. Also, I would make $2,000 monthly investments into this SP500 Index fund and consider doing that for the next dozen years ($24K/yr). G...
by S17C
Thu Mar 16, 2017 9:39 am
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 176
Views: 14670

Re: How Much in Your Emergency Fund And Is It Used?

I maintain the emergency fund at 12 months of usual living expenses. Untouched.
by S17C
Sun Mar 12, 2017 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: US Treasuries interest > CD interest = no brainer?
Replies: 7
Views: 820

Re: US Treasuries interest > CD interest = no brainer?

Thank you for the suggestions. I will consider them.
by S17C
Sun Mar 12, 2017 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: US Treasuries interest > CD interest = no brainer?
Replies: 7
Views: 820

US Treasuries interest > CD interest = no brainer?

I may tuck away some money for three months. I've bought Brokered CDs in the past but only just considered the US Treasury Note today. US Treasury Note is for 0.736% three months. Brokered CDs for three months are 0.65%-0.70%. US Treasury Note has a slightly higher interest and the gain is exempt fr...
by S17C
Sun Mar 12, 2017 10:17 am
Forum: Investing - Help with Personal Investments
Topic: How frequently is it okay to check in with an investment advisor?
Replies: 22
Views: 1354

How frequently is it okay to check in with an investment advisor?

I've had Fidelity for quite a while for CDs (risk averse investments). I'm going to step a little out of my comfort zone and get into mutual funds. I'm planning to go with an national investment firm's local branch and pay $125 annual fee for a basic account. For that fee, I get assigned to an inves...
by S17C
Sat Mar 11, 2017 10:09 am
Forum: Investing - Help with Personal Investments
Topic: basic price questions about Zero Coupon Municipal Bonds
Replies: 12
Views: 491

Re: basic price questions about Zero Coupon Municipal Bonds

Note a Zero Coupon Bond has maximum credit risk . If there is a default of a 9 year bond say in 5 years, you've had no money back. For this reason, many people only buy Zeroes on US Treasuries (i.e. theoretically no credit risk). You really, really have to be sure about this bond's credit before yo...
by S17C
Sat Mar 11, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: basic price questions about Zero Coupon Municipal Bonds
Replies: 12
Views: 491

Re: basic price questions about Zero Coupon Municipal Bonds

Looks like I just need to multiply the muni price times 50 to get the approximate cost. And then the maturity payout is the quantity times 1000. There is no accrued interest on a zero. In 9 years, wouldn't I still have to report the tax-exempt gain of $1250 (5000-3750=1250) on my tax returns as tax-...
by S17C
Sat Mar 11, 2017 9:43 am
Forum: Investing - Help with Personal Investments
Topic: basic price questions about Zero Coupon Municipal Bonds
Replies: 12
Views: 491

basic price questions about Zero Coupon Municipal Bonds

Hello. I'm interested in a few zero-coupon municipal bonds, but I don't know some basics. What I do know about zero-coupon munis is that I won't receive any interest payments until maturity. What I don't understand is the pricing. For example: There is a zero-coupon muni available on the secondary m...
by S17C
Fri Mar 10, 2017 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: When/if municipal bonds will default, do municipalities try to delay as long as possible?
Replies: 4
Views: 420

When/if municipal bonds will default, do municipalities try to delay as long as possible?

Say that a municipality realizes one or more of its issued municipal bonds won't be able to re-pay everyone back their full face value. Would that municipality keep making interest payments to bond holders for years (to keep up appearances that everything is fine) and then suddenly default a few mon...
by S17C
Fri Mar 10, 2017 4:34 pm
Forum: Investing - Theory, News & General
Topic: Buying MUNIs, wait until Fed decides interest rates?
Replies: 10
Views: 1073

Re: Buying MUNIs, wait until Fed decides interest rates?

livesoft wrote:Well, you cannot buy until Monday at the earliest, so no harm waiting a few more days.

This is correct. I'm planning for Monday morning.
by S17C
Fri Mar 10, 2017 4:30 pm
Forum: Investing - Theory, News & General
Topic: Buying MUNIs, wait until Fed decides interest rates?
Replies: 10
Views: 1073

Buying MUNIs, wait until Fed decides interest rates?

I'm ready to purchase a significant amount of my state government's municipal bonds (short-term) on the Fidelity secondary market. I plan to hold on to all of them through their maturity dates. But I heard that the Fed may possibly raise interest rates next week: As interest rates go up, bond prices...
by S17C
Tue Mar 07, 2017 12:36 pm
Forum: Investing - Theory, News & General
Topic: discussions about individual stocks and mutual funds
Replies: 6
Views: 363

discussions about individual stocks and mutual funds

Is there a central location where thoughts are posted about individual mutual funds and stocks? For example: individual threads created about NSDVX, FAMFX, Southern Cooper, Coca-Cola, etc where people post (or vent) about that individual investment. Pages and pages of threads about individual stocks...
by S17C
Sat Jan 21, 2017 1:17 am
Forum: Investing - Help with Personal Investments
Topic: Schwab brokerage incentive $2,500 - - - thoughts?
Replies: 35
Views: 5068

Re: Schwab brokerage incentive $2,500 - - - thoughts?

A few years ago an employee pulled me into a bank with an offer of a $75 just to open a very basic checking account, no fees, no minimum balance, and no checks had to be ordered. The $75 money would be credited to the account in 30 days; then I was free to withdraw and close it no questions asked. I...
by S17C
Wed Jan 18, 2017 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Brokerage(s) with the best deals on fixed income investments?
Replies: 4
Views: 506

Brokerage(s) with the best deals on fixed income investments?

Hello. A long time ago, I opened a Fidelity account because it was free (and it still has no annual fees or balance requirements). As someone who is risk averse, I make routine purchases and re-investments of semi-jumbo CDs - both short and long-term. Even though Fidelity has no purchase fees, I'm s...

Go to advanced search