Search found 81 matches

by drk
Wed Oct 18, 2017 11:49 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 275
Views: 12139

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

If Vanguard is offering the ETFs "at cost", it makes me wonder if Vanguard is not as efficient as State Street or if State Street has a different system of cost accounting. One thing with Vanguard is that their costs include the costs of running a brokerage, administering accounts, answering the ph...
by drk
Wed Oct 18, 2017 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Invest $5K-$10K in NVDA or JNJ
Replies: 3
Views: 236

Re: Invest $5K-$10K in NVDA or JNJ

I would not buy either of them. $NVDA is a cryptocurrency bubble stock with mediocre fundamentals. For $JNJ, I would have to hear your thesis.
by drk
Tue Oct 17, 2017 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Employer Shares
Replies: 13
Views: 779

Re: Buying Employer Shares

My old company offered an ESPP with a 15% discount, but the minimum holding period was one year. I considered that unacceptable exposure, so I didn't participate. If there were no minimum holding period, or even something like a month, I would absolutely have taken advantage.
by drk
Mon Oct 16, 2017 10:33 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 275
Views: 12139

Re: Fellow TDA bogleheads

It really doesn't look that bad at all. The new State Street portfolio funds are added low cost competition - that is a good thing - and seem to cover all the broad categories. Of my core funds, the only one that I currently buy there with no commission that I don't see a great replacement for me i...
by drk
Mon Oct 16, 2017 10:28 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 275
Views: 12139

Re: Fellow TDA bogleheads

It really doesn't look that bad at all. The new State Street portfolio funds are added low cost competition - that is a good thing - and seem to cover all the broad categories. Of my core funds, the only one that I currently buy there with no commission that I don't see a great replacement for me i...
by drk
Mon Oct 16, 2017 1:09 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 275
Views: 12139

Re: Fellow TDA bogleheads

TD Ameritrade’s revamped platform will add ETFs from four asset managers it hadn’t previously offered on its commission-free platform: AGFiQ Asset Management, the quantitative investment platform of AGF Management Ltd. ; First Trust Portfolios LP; J.P. Morgan Asset Management, a unit of J.P. Morgan...
by drk
Sun Oct 15, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: Happy Consumer Story (Backpacking Tent)
Replies: 16
Views: 1248

Re: Happy Consumer Story (Backpacking Tent)

Carefreeap wrote:
Sun Oct 15, 2017 12:34 am
To clarify, all my communication was with the manufacturer, Big Agnes, not REI.
Ah, great. I'm glad you had a positive experience with them!
by drk
Sun Oct 15, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2250
Views: 392054

Re: What's Your Credit Card Rewards Strategy?

Eh? Who said anything about using ten or more cards? They just sit there until it's time for their semi-annual purchase to keep the account alive. The point of having them is to anchor your average age of account and help hold down your credit utilization. I have several cards that have been sittin...
by drk
Sun Oct 15, 2017 9:27 am
Forum: Investing - Theory, News & General
Topic: old 401k transfer to new 401k or trad ira?
Replies: 8
Views: 569

Re: old 401k transfer to new 401k or trad ira?

Johnnie wrote:
Sun Oct 15, 2017 9:00 am
If the new 401k is Vanguard you can't buy Admiral shares in it and will pay slightly higher fees. (Unless that has been changed.)
This depends on the plan. My company's 401k is at Vanguard and has institutional versions with ERs half the cost of their Admiral siblings.
by drk
Sat Oct 14, 2017 11:56 pm
Forum: Personal Consumer Issues
Topic: Happy Consumer Story (Backpacking Tent)
Replies: 16
Views: 1248

Re: Happy Consumer Story (Backpacking Tent)

ETA: No I don't own stock in this company but maybe I should! :wink: Adding this just in case that :wink: is not the knowing variety: REI is a consumer co-operative, so investing is a pretty low-risk endeavor . REI has a very liberal return policy. Makes me wonder how they stay in business. :shock:...
by drk
Sat Oct 14, 2017 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2250
Views: 392054

Re: What's Your Credit Card Rewards Strategy?

Because once your number of credit cards hits the double digits, you've lost the simplicity. There's really no point to having 10 or more cards. You'd be a mile wide and an inch deep. A fixed amount of spending spread across too many cards would accumulate rewards more slowly on each card and make ...
by drk
Sat Oct 14, 2017 4:43 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 275
Views: 12139

Re: Fellow TDA bogleheads

If true, that's really frustrating. I just moved to TDA a couple of months ago. The whole premise of their Morningstar-selected list is that it's unbiased.
by drk
Sat Oct 14, 2017 11:39 am
Forum: Personal Consumer Issues
Topic: Anyone else using HTTPS Everywhere or similar?
Replies: 16
Views: 1317

Re: Anyone else using HTTPS Everywhere or similar?

I use these three plus Disconnect. Occasionally I find a site doesn't work quite right, in which case I'll run it in a Google Chrome incognito window (the incognito window turns off extensions). That's rare though. Given that you're expressly using incognito without the extensions, this may not be ...
by drk
Sun Oct 08, 2017 12:38 am
Forum: Personal Consumer Issues
Topic: Do you want your receipt?
Replies: 99
Views: 7432

Re: Do you want your receipt?

For example, product X and product Y is purchased on 10/7/2017 for $100. On the statement sometimes they are recorded as a charge for $25 and $75 instead of a total of $100. That is a pain to reconcile and requires going back to the "order" page and doing some random math. Anyone have an answer for...
by drk
Fri Oct 06, 2017 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Rejected for Chase Ink Business
Replies: 7
Views: 807

Re: Rejected for Chase Ink Business

That's correct. Once you hit five over two years, Chase isn't interested (other than a few co-branded cards ). If you have an actual business, though, it's possible to go into a branch and open one of these cards with a Business Relationship Manager. For personal cards, pre-approvals (in-branch or o...
by drk
Fri Oct 06, 2017 8:56 pm
Forum: Personal Consumer Issues
Topic: Best credit cards for our college kids? (credit building)
Replies: 9
Views: 581

Re: Best credit cards for our college kids? (credit building)

The Discover it card for students is a great option (https://www.discover.com/credit-cards/student/) for a first solo credit card. If you have any Chase cards, you would be doing your kids a favor by also adding them as authorized users on one of them. That will also help establish some credit histo...
by drk
Wed Oct 04, 2017 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: Bank of America - BAC
Replies: 16
Views: 1284

Re: Bank of America - BAC

Never play earnings, especially if you're inclined to come to the Bogleheads forum to ask about your play.
by drk
Sun Oct 01, 2017 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2250
Views: 392054

Re: What's Your Credit Card Rewards Strategy?

Thanks! It actually looks like the Chase Sapphire Preferred would be better for me. No problem. It also pairs well with a Freedom or Freedom Unlimited: they both earn UR points that you can freely transfer to the Sapphire Preferred. I don't understand the "pairs well" part. What's the point of keep...
by drk
Sun Oct 01, 2017 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2250
Views: 392054

Re: What's Your Credit Card Rewards Strategy?

No problem. It also pairs well with a Freedom or Freedom Unlimited: they both earn UR points that you can freely transfer to the Sapphire Preferred. I applied for the card but received a response saying I would see a notice in the mail in 30 days??? My Fico is 820+ and I haven't applied for a CC in...
by drk
Sun Oct 01, 2017 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2250
Views: 392054

Re: What's Your Credit Card Rewards Strategy?

There are several cards I would get before getting that one. For starters, look into the Chase Sapphire Preferred: 50,000 Ultimate Rewards points ($625 when used to book travel in the UR portal) after $4k spend, waived AF the first year, and the ability to transfer points 1:1 to a number of rewards...
by drk
Sun Oct 01, 2017 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2250
Views: 392054

Re: What's Your Credit Card Rewards Strategy?

I currently use a Capital One card that gets 1.5% on all purchases, along with a Discover It and Chase Freedom for revolving quarterly rewards. We are a family of four, shop at Costco and Target mostly. Biggest expenses are a yearly vacation (usually to Disneyland). I was considering a new card wit...
by drk
Sun Oct 01, 2017 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Reach out to hiring manager directly on LinkedIn?
Replies: 52
Views: 2933

Re: Reach out to hiring manager directly on LinkedIn?

It depends, YMMV, etc., but I would not advise doing this. Companies have HR and applicant sites for a reason, and it's presumptuous to assume that they do not know how to hire. Not that I'm saying that they do know how: frequently, they don't! You don't have any special insight into that and are no...
by drk
Sun Oct 01, 2017 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie-Schwab Intelligent Portfolios vs Vanguard PAS
Replies: 32
Views: 2211

Re: Newbie-Schwab Intelligent Portfolios vs Vanguard PAS

I will try both. I much prefer to be fully invested with any cash at my discretion to invest when markets go down. I mean what is the point of the question, what will you do if markets drop 40%, if your answer is to buy more but they are the ones holding your cash and won’t let you do exactly that?...
by drk
Sun Oct 01, 2017 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: which of my 6 credit cards to keep?
Replies: 11
Views: 1300

Re: which of my 6 credit cards to keep?

I don't think you can go wrong with a slight variation on the Chase trio that you've described: 1. Ink Cash (no AF, 5% on internet/cable/phone and 2% at gas stations) as a PC from Ink Preferred 2. Sapphire Reserve (3% on dining and travel, $450 AF with a very broad $300 travel credit, 1.5x boost to ...
by drk
Mon Sep 18, 2017 10:19 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2250
Views: 392054

Re: What's Your Credit Card Rewards Strategy?

It looks like the Bank of America Premium Rewards card went live today (DoC link). The card is a great daily-driver for anyone with BoA Preferred Rewards Platinum Honors status (or those looking to take advantage of a Merrill Edge transfer bonus).
by drk
Sun Sep 17, 2017 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Switching Insurance - Progressive
Replies: 7
Views: 713

Re: Switching Insurance - Progressive

As it happens, I just made the opposite switch. I was with Progressive for a while, felt lukewarm about the service, and got a lower premium with State Farm (even with slightly better coverage). With auto insurance, the moral of the story appears to be that it's important to be disloyal.
by drk
Sun Sep 17, 2017 7:57 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 572
Views: 90608

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Thanks for this thread, Earl LG. I just finished making my first asset transfer (to TDA), and the bonus appeared in my brokerage account 30 minutes after my assets posted. Now to hold for a year until it's time for the next one.

:sharebeer
by drk
Sun Sep 17, 2017 7:51 pm
Forum: Personal Consumer Issues
Topic: Software professional salary
Replies: 10
Views: 1439

Re: Software professional salary

It's possible that someone here will have a good answer to your question, but I'm doubtful because it's awfully specific. Have you looked at Glassdoor or Payscale?
by drk
Sun Sep 10, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Am I overinsured on my autos?
Replies: 20
Views: 1576

Re: Am I overinsured on my autos?

This is up from $902 just 24 months ago. I just got caught this. Anything interesting happen in the last 2 years? Bunch of tickets, at fault accident, or something of that nature. One of your cars is a 2015, so perhaps you swapped out a new car for a real clunker. I think it's pretty easy to shop a...
by drk
Sun Aug 27, 2017 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: FICO dropped from 800 to 737...Costco CITI Visa proplem
Replies: 3
Views: 958

Re: FICO dropped from 800 to 737...Costco CITI Visa proplem

I would recommend removing identifying information (name, locations, etc.) from your post. There's a lot here that could be used for identity theft or fraud.
by drk
Sun Aug 27, 2017 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: 85/15 too aggressive at age 35?
Replies: 104
Views: 10369

Re: 85/15 too aggressive at age 35?

OP is 10 to 15 years from retirement/FI. So, he is equivalent to 50 years old in term of time to retirement. Would you keep your AA at 80/20 when you are 50 years old? No, I am not suggesting the OP to keep his AA at 80/20 or 85/15. I am suggesting that the AA should be between 70/30 to 60/40. Thos...
by drk
Sun Aug 27, 2017 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Worth exchanging Target Retirement in taxable for tax-efficiency?
Replies: 9
Views: 553

Re: Worth exchanging Target Retirement in taxable for tax-efficiency?

What do you mean by this? If you replace the target date fund with its constituent parts (even minus taxable bonds), you will still pay taxes on dividends issued. You are correct but the dividends from the equity portion will be at a reduced tax rate rather than the ordinary income rate. That's fai...
by drk
Sun Aug 27, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Worth exchanging Target Retirement in taxable for tax-efficiency?
Replies: 9
Views: 553

Re: Worth exchanging Target Retirement in taxable for tax-efficiency?

The ST and LT capital gain distributions by target date funds given off each year due to the need to constantly rebalance is a constant tax drag I would avoid in taxable account. It looks like the Target Retirement 2055 fund threw off $0.002 in short-term capital gains last year . That's not nothin...
by drk
Sun Aug 27, 2017 3:21 pm
Forum: Investing - Theory, News & General
Topic: Demographic Headwinds for Stocks and Bonds?
Replies: 47
Views: 5083

Re: Demographic Headwinds for Stocks and Bonds?

The size of the workforce is not the only way to grow the pie. In terms of returns, I'm skeptical that negative demographic trends will outpace positive ones in productivity. Good point. Most stock and bond investors I’m sure hope you're right, that future global productivity growth will overcome t...
by drk
Sun Aug 27, 2017 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Should I abandon airline credit cards for cash back?
Replies: 34
Views: 3024

Re: Should I abandon airline credit cards for cash back?

I would like to know how some no-money 30-year-old kids constantly fly around the world in first class and stay at 5* hotels. Credit card signing bonuses can only take you so far. I've done my share of credit card sign up and could only get to the companion pass status from Southwest. Have you cons...
by drk
Sun Aug 27, 2017 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Should I abandon airline credit cards for cash back?
Replies: 34
Views: 3024

Re: Should I abandon airline credit cards for cash back?

I agree, have been underwhelmed. Few I've been in are not as nice as United lounges. And many airports don't have, or have in the wrong terminal... I've been lucky my last few trips with lounges in each of my departure terminals. Before this stretch, I considered swapping for an AmEx Platinum, but ...
by drk
Sun Aug 27, 2017 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Should I abandon airline credit cards for cash back?
Replies: 34
Views: 3024

Re: Should I abandon airline credit cards for cash back?

Wish the card would include a free membership to the lounge, as it might be more restful than waiting at the gate. I have the Chase Sapphire Reserve, which comes with a lounge program membership (Priority Pass). It's been a great perk. I've been underwhelmed by the quality of the lounges, but the a...
by drk
Sun Aug 27, 2017 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Worth exchanging Target Retirement in taxable for tax-efficiency?
Replies: 9
Views: 553

Re: Worth exchanging Target Retirement in taxable for tax-efficiency?

mikemoo8 wrote:
Sun Aug 27, 2017 3:35 am
a) Sell all of them and incur capital gains, but stop paying taxes on dividends.
What do you mean by this? If you replace the target date fund with its constituent parts (even minus taxable bonds), you will still pay taxes on dividends issued.
by drk
Sun Aug 27, 2017 1:28 pm
Forum: Investing - Theory, News & General
Topic: Demographic Headwinds for Stocks and Bonds?
Replies: 47
Views: 5083

Re: Demographic Headwinds for Stocks and Bonds?

The size of the workforce is not the only way to grow the pie. In terms of returns, I'm skeptical that negative demographic trends will outpace positive ones in productivity.
by drk
Sun Aug 27, 2017 1:22 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Wait & You'll Likely Miss Out
Replies: 74
Views: 10222

Re: Larry Swedroe: Wait & You'll Likely Miss Out

After reading Bogle's "Common Sense Investing" and Malkiel's "A Random Walk Down Wall Street", I am on board with the belief that market timing does not work and the buy-and-hold passive index funds strategy is the right way. But I am curious about the thoughts on market timing strategies -- I have...
by drk
Fri Aug 25, 2017 12:31 pm
Forum: Investing - Theory, News & General
Topic: Vanguard marked down their Uber investment. Which fund holds it?
Replies: 6
Views: 1621

Re: Vanguard marked down their Uber investment. Which fund holds it?

Vanguard's VWUSX fund holds Uber, they have 1,408,784 shares in Uber valued at $58,408,185 which is 0.78% of that entire fund. Thanks! I agree. That's why I was surprised to learn that Vanguard does have investments in Uber. Fidelity and Blackrock both do as well. Now I'm curious where those holdin...
by drk
Wed Aug 23, 2017 9:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard marked down their Uber investment. Which fund holds it?
Replies: 6
Views: 1621

Re: Vanguard marked down their Uber investment. Which fund holds it?

I saw this story in the WSJ about mark-downs on Uber investments . I never knew that Vanguard had invested in Uber. Does anyone know if any of its funds include Uber, or is this solely an investment by Vanguard Group itself? A cursory search on my phone didn't turn up anything, then I realized that...
by drk
Wed Aug 23, 2017 12:25 am
Forum: Investing - Theory, News & General
Topic: Vanguard marked down their Uber investment. Which fund holds it?
Replies: 6
Views: 1621

Vanguard marked down their Uber investment. Which fund holds it?

I saw this story in the WSJ about mark-downs on Uber investments . I never knew that Vanguard had invested in Uber. Does anyone know if any of its funds include Uber, or is this solely an investment by Vanguard Group itself? A cursory search on my phone didn't turn up anything, then I realized that ...
by drk
Sun Aug 20, 2017 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: How to Undo Backdoor Roth Completely
Replies: 10
Views: 1202

Re: How to Undo Backdoor Roth Completely

Thanks for your replies. I want to roll my 401k to tIRA because the investment options in the 401k are so limited that I expect to lose a lot compared to a tIRA even in the remaining months of this year. That is why I do not want to wait until the next year. They're really so bad that four-and-a-ha...
by drk
Sun Aug 20, 2017 7:52 pm
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 13585

Re: I own no international stocks. Can you guess why?

I forgot to drop my guess: you were convinced by Bill Ackman's slide deck and went all in on ADP.
by drk
Sun Aug 20, 2017 4:16 pm
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 13585

Re: I own no international stocks. Can you guess why?

Nate79 wrote:
Sun Aug 20, 2017 4:15 pm
You exchanged it for bitcoin.
This would be the only way to redeem this thread.
by drk
Sun Aug 20, 2017 3:57 pm
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 13585

Re: I own no international stocks. Can you guess why?

Because Taylor is old That's my guess right there. He may dress it up in other outfits but the core of it is likely this. I object. How old does one have to be to be considered "old"? What is "old" anyway? Answer: it is as old as one feels "old". Taylor is NOT old. Not that is matters, but I would ...
by drk
Sun Aug 20, 2017 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Optimizing Roth/Traditional in mixed account
Replies: 12
Views: 1062

Re: Optimizing Roth/Traditional in mixed account

My 401k at Vanguard similarly presents a combined view of all of my investments, but I'm able to change my allocation and paycheck mix by contribution source (traditional, Roth, employer match). Presumably Schwab should offer the same functionality if you dig for it.
by drk
Sun Aug 20, 2017 1:20 pm
Forum: Investing - Theory, News & General
Topic: Irrational Despair?
Replies: 39
Views: 5866

Re: Irrational Despair?

I don't know, the market is down maybe 2% from all-time highs and people seem to be in utter despair. Normally, bull markets end with excessive optimism and not with excessive pessimism. Think of the roaring twenties, the go-go years of the 1960's, the internet and high tech bubble of the late 1990...
by drk
Sun Aug 20, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: What it means to be acquired by a holding company?
Replies: 6
Views: 959

Re: What it means to be acquired by a holding company?

The unsatisfactory answer is "it depends." You'll have to wait until the announcement.