Search found 2200 matches

by am
Sun Feb 19, 2017 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k fidelity tax forms?
Replies: 3
Views: 120

Re: Solo 401k fidelity tax forms?

Assets less than 250k so no reporting. So when I see the accountant next week, he will just take in to account the 401k contributions we made for 2016 when he does our taxes?
by am
Sun Feb 19, 2017 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k fidelity tax forms?
Replies: 3
Views: 120

Solo 401k fidelity tax forms?

I am responsible for my wife's solo 401k. Am I supposed to receive a tax form or summary of contributions for 2016? I could not find anything on line.
by am
Thu Feb 16, 2017 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: Can we automate Vanguard brokerage ETF purchases?
Replies: 20
Views: 860

Re: Can we automate Vanguard brokerage ETF purchases?

Why automate? I look forward to placing my etf trades biweekly since it's about the only thing I do most of the time with my investing accounts using the boglehesds approach.
by am
Sun Feb 12, 2017 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: What accounts to include vanguard homepage
Replies: 4
Views: 522

Re: What accounts to include vanguard homepage

With the dozen or so accounts I have, was wondering which I should use for asset allocation and to know where I stand in terms for retirement savings. Like vested pension lump sum, cash, ugma etc.
by am
Sun Feb 12, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: What accounts to include vanguard homepage
Replies: 4
Views: 522

What accounts to include vanguard homepage

Just curious what accounts others include on vanguard home page. I originally included taxable accounts, 401k and 403b, iras, 457b for years. Recently added cash accounts (checking, money market etc), HSA cash and investments, and vested pension lump sum value. I waiver between adding kids ugma acco...
by am
Sun Feb 12, 2017 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Saving for college for 2 kids: 3 and 0
Replies: 80
Views: 3135

Re: Saving for college for 2 kids: 3 and 0

With Illinois 529, not only are earnings taxed and penalized, but original contributions have a 20k/yr deduction which must be given back if not used for education. That's true. I remember Mr Bogle mentioning in an interview that he found 529s somewhat restrictive. Now I see why - if you don't use ...
by am
Sat Feb 11, 2017 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: Saving for college for 2 kids: 3 and 0
Replies: 80
Views: 3135

Re: Saving for college for 2 kids: 3 and 0

With Illinois 529, not only are earnings taxed and penalized, but original contributions have a 20k/yr deduction which must be given back if not used for education.
by am
Wed Feb 08, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire ending its Reserve 100,000 bonus point offer
Replies: 40
Views: 5317

Re: Chase Sapphire ending its Reserve 100,000 bonus point offer

I have a question........Currently I use the USAA Limitless Rewards Visa which gives me 2.5% cash back on all purchases with no annual fee as my daily driver. Is there a good reason to consider the CSR as the daily driver? I know the 1st year CSR would win hands down, but thereafter I'm not sure. I...
by am
Wed Feb 08, 2017 2:30 pm
Forum: Investing - Theory, News & General
Topic: A note of caution from Robert Shiller
Replies: 52
Views: 7184

Re: A note of caution from Robert Shiller

High valuations don't necessarily mean an impending crash or doom. Isn't low or average returns in the possibilities? I'll keep investing the same way I have for the last decade since it's worked. There are no good alternative for me at this point in my life.
by am
Tue Feb 07, 2017 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Best CC for Travel
Replies: 82
Views: 6641

Re: Best CC for Travel

Food for a meal or snack? Have you been to ohare or London heathrow lounges? Any you recommend?
by am
Tue Feb 07, 2017 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: Wow, Vanguard Flagship service is bad. Really bad.
Replies: 134
Views: 17129

Re: Wow, Vanguard Flagship service is bad. Really bad.

I have accounts at both VG and Fidelity and have found the Fidelity service to be superior... I have very little need for service, but when I do it is outstanding .... fyi I have had a few bad interactions with Fidelity reps. Usually calling back a little later will get someone more helpful and kno...
by am
Tue Feb 07, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Best CC for Travel
Replies: 82
Views: 6641

Re: Best CC for Travel

Is there usually food in the lounges? Are drinks free?
by am
Tue Feb 07, 2017 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: How Much House Can I Afford?
Replies: 19
Views: 1637

Re: How Much House Can I Afford?

Mortgage should not exceed 2 x income. So with salary of 200k, a 500k house should be upper limit with 100k down payment.
by am
Mon Feb 06, 2017 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Best CC for Travel
Replies: 82
Views: 6641

Re: Best CC for Travel

My understanding is all immediate family get in with primary reserve cardholder into any lounge listed on priority pass website.
by am
Mon Feb 06, 2017 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Why Wouldn't You Want International Stocks?
Replies: 92
Views: 6764

Re: Why Wouldn't You Want International Stocks?

I see these types of threads pop up from time to time questioning investing in what's cold.

When us stocks underperform, we will see threads about increasing international, why invest in US when we live and work here, international funds are more diversified, etc.
by am
Sun Feb 05, 2017 3:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total Stock Index is not TOTAL?
Replies: 19
Views: 1819

Re: Vanguard Total Stock Index is not TOTAL?

I wonder how many of the 3500 stocks you would have to remove before you got any significant tracking error? Especially since s&p 500 funds and total market tracks pretty close.
by am
Sun Feb 05, 2017 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Chase sapphire reserve vs. preferred after 1st yr
Replies: 7
Views: 634

Re: Chase sapphire reserve vs. preferred after 1st yr

Is there any reason to keep the sapphire reserve after the first yr over the preferred? I was going to keep the sapphire reserve after the 1st year mainly for the 10k trip cancellation benefit which we used to buy from insurance companies. I found out that the saphire preferred also offers this ben...
by am
Sun Feb 05, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Two Comma Club
Replies: 84
Views: 14169

Re: Two Comma Club

Just hit 2 comma club with vested pension lump sum, kids ugma/utma accounts, cash and HSA account. Not including 529s. Does that count or should I hold off on celebrating?
by am
Sun Feb 05, 2017 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Chase sapphire reserve vs. preferred after 1st yr
Replies: 7
Views: 634

Chase sapphire reserve vs. preferred after 1st yr

Is there any reason to keep the sapphire reserve after the first yr over the preferred? I was going to keep the sapphire reserve after the 1st year mainly for the 10k trip cancellation benefit which we used to buy from insurance companies. I found out that the saphire preferred also offers this bene...
by am
Sat Feb 04, 2017 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Get $250 from Wells Fargo
Replies: 41
Views: 6585

Re: Get $250 from Wells Fargo

Late to the game for Wells Fargo bonus. Applied today x 2 (myself and spouse). Approved and got email saying bonus eligible. Will see what happens. Have not seen any data points for people applying after the targeted language was placed in the offer around 1/31. If anyone has any info would apprecia...
by am
Sun Jan 29, 2017 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Question: Fidelity 401k - Brokerage Link
Replies: 29
Views: 2410

Re: Question: Fidelity 401k - Brokerage Link

Do you know if record keeping fees are generally applied towards brokeragelink? Seems like the 401k funds in my plan are charged while brokerage link has not? If there are fees for both, and you held etfs in brokerage link only, seems like it would be a lot of trouble to extract the fees out?
by am
Sat Jan 28, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Criteria for admittance to the 2-comma club
Replies: 79
Views: 5669

Re: Criteria for admittance to the 2-comma club

I include my vested pension lump sum in investable assets as non stock allocation. This lump sum goes up every month regardless of market conditions and when I turn 62, I get to make a decision as to take the lump sum or annuity, kind of like with my other money. Unfortunately, it is more of a junk ...
by am
Thu Jan 26, 2017 11:27 pm
Forum: Personal Consumer Issues
Topic: British airways flight and Amex premier rewards question
Replies: 5
Views: 552

Re: British airways flight and Amex premier rewards question

So if it is British airways flight and operated by American Airlines than I am good for a 100 dollar in flight feast? :happy
by am
Thu Jan 26, 2017 10:15 pm
Forum: Personal Consumer Issues
Topic: British airways flight and Amex premier rewards question
Replies: 5
Views: 552

Re: British airways flight and Amex premier rewards question

Thanks for the response. It is a flight to London from the states on British airways. How can I find out if the charge will be American Airlines or something else?
by am
Wed Jan 25, 2017 11:35 am
Forum: Personal Consumer Issues
Topic: British airways flight and Amex premier rewards question
Replies: 5
Views: 552

British airways flight and Amex premier rewards question

I have a 100 dollars x 2 (myself and spouse) to spend for airline incidentals- checked bags and inflight meals using my Amex premier rewards card. I am taking a British airways flight this summer which it says is run by American Airlines. For the 100 dollar reward I have to choose an airline ahead o...
by am
Sun Jan 22, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Record keeping fees fidelity 401k vs. brokerage link
Replies: 6
Views: 482

Re: Record keeping fees fidelity 401k vs. brokerage link

Reading on the internet, looks like the 75 dollar fee may be quarterly. And what's worse, if I pull the funds out of 401k and transfer to brokerage link, I may be charged a years worth of record keeping fees. Ridiculous. Going to call Fidelity tomorrow and hope for the best. Anyone have any experien...
by am
Sat Jan 21, 2017 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Record keeping fees fidelity 401k vs. brokerage link
Replies: 6
Views: 482

Re: Record keeping fees fidelity 401k vs. brokerage link

I paid 75 dollars total record keeping fees on total fidelity bond inst. and total int index vanguard with expenses of .03 and .12 in 401k. I can transfer to fidelity total bond and fidelity total intern. index with expenses of .05 and .11 in brokerage link without fees as far as I can tell. Upsetti...
by am
Sat Jan 21, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Record keeping fees fidelity 401k vs. brokerage link
Replies: 6
Views: 482

Record keeping fees fidelity 401k vs. brokerage link

My plan charges .08% for record keeping fees for 401k at fidelity. I did not see this fee for the one fund in my brokerage link account. By using brokerage link, can you avoid the record keeping fees?
by am
Thu Jan 19, 2017 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: How to factor pension into asset allocation?
Replies: 18
Views: 1445

Re: How to factor pension into asset allocation?

I have a vested lump sum payout or state 401a which currently grows at 6.75%. The lump sum gets updated monthly online and I include it in my bond allocation. In about 20 yrs or so I can make a decision to either go with the annuiy or get the lump sum. At that time I will adjust my portfolio.
by am
Sat Jan 14, 2017 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Compounding of stock returns
Replies: 14
Views: 1182

Re: Compounding of stock returns

Is this only true if you reinvest dividends? I myself reinvested Mcdonalds dividends for 25 years,recently started taking the dividends in cash. The link below will give you a pretty clear picture of reinvesting vs not reinvesting (No my initial investement was NOT 100k :mrgreen: :mrgreen: ) http:/...
by am
Sat Jan 14, 2017 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Compounding of stock returns
Replies: 14
Views: 1182

Re: Compounding of stock returns

Say you use dividends for expenses, will this result in a larger than expected reduction due to loss of compounding in returns 20- 30 yrs down the line as opposed to reinvesting? What do you expect the reduction to be? But here is some simple hypothetical math. Suppose you assume dividends of 2% ev...
by am
Sat Jan 14, 2017 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Compounding of stock returns
Replies: 14
Views: 1182

Re: Compounding of stock returns

Say you use dividends for expenses, will this result in a larger than expected reduction due to loss of compounding in returns 20- 30 yrs down the line as opposed to reinvesting?
by am
Sat Jan 14, 2017 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Compounding of stock returns
Replies: 14
Views: 1182

Compounding of stock returns

Is this only true if you reinvest dividends?
by am
Mon Jan 09, 2017 7:55 pm
Forum: Personal Consumer Issues
Topic: Caribbean princess vacation to Europe with kids?
Replies: 0
Views: 216

Caribbean princess vacation to Europe with kids?

Kids ranging in age 7-12 for 10 days cruise to parts of England, Scotland and France this summer. This is the only cruise that fits our timeframe. Wondering what everyone thinks about this option? Also considering exploring Canada for 2 weeks or Canada + eastern US.
by am
Sat Dec 31, 2016 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: How to gain exposure to Alternatives?
Replies: 15
Views: 1098

Re: How to gain exposure to Alternatives?

You dont need alternatives. Keep it simple and stick to your plan.
by am
Mon Dec 26, 2016 9:22 am
Forum: Investing - Theory, News & General
Topic: Non gov 457b question
Replies: 12
Views: 818

Re: Non gov 457b question

BL wrote:IIRC, you cannot convert the non-government 457b to an IRA when you quit working there, only can transfer to another 457b.


You can convert the account to taxable, rollover to non gov 457b,or stretch out distributions, in my case 20 yrs max.
by am
Mon Dec 26, 2016 7:41 am
Forum: Investing - Theory, News & General
Topic: Non gov 457b question
Replies: 12
Views: 818

Re: Non gov 457b question

If you do a google search for Moody's or other bond rating agency and municipal bond ratings, you'll find some long 100 page documents outlining the failure rate for municipal bonds at each rating including the names of the hospitals, municipalities, etc. Hospitals are probably the riskiest if my me...
by am
Sun Dec 25, 2016 10:34 pm
Forum: Investing - Theory, News & General
Topic: Non gov 457b question
Replies: 12
Views: 818

Re: Non gov 457b question

I have other questions about this account like, if the hospital that I work for in the health system is sold or goes bankrupt, am I part of the larger health system account or a sub account for that hospital? I do not know who to call to get definitive answers. For questions such as this one, I ass...
by am
Sun Dec 25, 2016 9:42 pm
Forum: Investing - Theory, News & General
Topic: Pimco Income Fund vs. Vanguard Total Bond Market
Replies: 51
Views: 3928

Re: Pimco Income Fund vs. Vanguard Total Bond Market

Higher yield means more risk. Many around here agree that bonds are for safety and stocks are for returns.
by am
Sun Dec 25, 2016 9:21 pm
Forum: Investing - Theory, News & General
Topic: Does anyone here invest in Frontier Markets?
Replies: 8
Views: 941

Re: Does anyone here invest in Frontier Markets?

The best investment vehicle on the market for Frontier Markets is the iShares MSCI Frontier 100 ETF (Ticker: FM). It [...] has an expense ratio of 0.79%. [...] Frontier markets comprise about 0.26% of the world's investible market capitalization. pretty sure if the expense ratio is three times grea...
by am
Sun Dec 25, 2016 9:18 pm
Forum: Investing - Theory, News & General
Topic: Non gov 457b question
Replies: 12
Views: 818

Re: Non gov 457b question

This question is confusing because the investment selections in most 457 plans appear to be conventional mutual funds with expense ratios etc. But then there is always a statement such as (paraphrase) "you don't actually own these funds or have actual money in these funds, but rather represent...
by am
Sun Dec 25, 2016 5:45 pm
Forum: Investing - Theory, News & General
Topic: Non gov 457b question
Replies: 12
Views: 818

Re: Non gov 457b question

If you mean expense ratios, I would assume they are being charged if these are mutual funds. The expense ratio pays for the actual running of the fund. It is taken out of the value of the fund every day before the setting of the end of the day NAV (net asset value or share price). I don't see how a...
by am
Sun Dec 25, 2016 5:34 pm
Forum: Investing - Theory, News & General
Topic: Non gov 457b question
Replies: 12
Views: 818

Non gov 457b question

I have a non gov 457b at Fidelity. There is a statement about no account being established and chance of losing money in a bankruptcy in the account. There is also a record keeping fee which is less than 10 dollars a year. I am curious to know if the fees for the index funds I am using are being ass...
by am
Sun Dec 25, 2016 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Multiple back door conversions question
Replies: 3
Views: 328

Multiple back door conversions question

I plan on doing 11k in backdoor roths for wife and myself for 2017. Is there any disadvantage to not doing this all at once?
by am
Sun Dec 25, 2016 4:33 pm
Forum: Investing - Theory, News & General
Topic: Does anyone here invest in Frontier Markets?
Replies: 8
Views: 941

Re: Does anyone here invest in Frontier Markets?

livesoft wrote:There are a number of threads on "Frontier Markets." While waiting for more responses, you might do a little search and have some fun reading them.


Conclusion in other threads is not worth it.
by am
Wed Dec 21, 2016 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Amex preferred rewards gold card bonus
Replies: 12
Views: 1190

Re: Amex preferred rewards gold card bonus

So how much are the 50000 points worth? 500 dollars or 250 dollars for statement credit or more for travel?
by am
Tue Dec 20, 2016 10:58 pm
Forum: Investing - Theory, News & General
Topic: Bonds Can Be More Dangerous Than Stocks??
Replies: 31
Views: 3760

Re: Bonds Can Be More Dangerous Than Stocks??

Do bonds smooth returns over time by decreasing volatility? When stocks lose 50% you gotta gain 100% to get back to even, but less so when you hold bonds. But you also lose the upside. This may not be an issue over 20+ yrs looking back at most periods holding 100% stocks however.
by am
Tue Dec 20, 2016 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Amex preferred rewards gold card bonus
Replies: 12
Views: 1190

Re: Amex preferred rewards gold card bonus

Redeeming points for cash is not a 1:1 ratio. It is 0.5 cents per 1 point. 50,000 Membership Rewards points would only be a $250 cash statement credit value. If you want to redeem for cash equivalents you can do something like Staples gift cards at 1 point = 1 cent. Or Amazon gift card at 1 point =...
by am
Tue Dec 20, 2016 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Amex preferred rewards gold card bonus
Replies: 12
Views: 1190

Re: Amex preferred rewards gold card bonus

You can use the points to pay your Amex bill, or buy gift cards, or book travel. This is a great deal, especially if the first year of annual fee is waived Thanks. There is a 100 dollar airline credit for non ticket items and a 75 dollar hotel credit. Do you know how that works? Also I read that yo...
by am
Tue Dec 20, 2016 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Amex preferred rewards gold card bonus
Replies: 12
Views: 1190

Amex preferred rewards gold card bonus

I recently got an offer for 50k bonus points after spending 2k in 3 months. No annual fee first year. Wondering if the bonus points (worth $500) can be used as cash or do you have to book a trip through the Amex travel portal?

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