Search found 99 matches

by enki
Mon Mar 27, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: GEICO vs. USAA auto insurance
Replies: 55
Views: 18226

Re: GEICO vs. USAA auto insurance

Called this morning and wasted 20 minutes talking to a rep and was told that as an associate member they can place me with whatever insurance company they want. I did confirm that my step-father is tier 2 (CIC) but apparently that doesn't matter for my placement. Sorry, that sucks. Assuming they ar...
by enki
Sat Mar 25, 2017 10:02 am
Forum: Personal Finance (Not Investing)
Topic: GEICO vs. USAA auto insurance
Replies: 55
Views: 18226

Re: GEICO vs. USAA auto insurance

Called this morning and wasted 20 minutes talking to a rep and was told that as an associate member they can place me with whatever insurance company they want. I did confirm that my step-father is tier 2 (CIC) but apparently that doesn't matter for my placement. Sorry, that sucks. Assuming they ar...
by enki
Sat Mar 25, 2017 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Are Bogleheads in the minority on the use of investment advisors?
Replies: 86
Views: 6272

Re: Are Bogleheads in the minority on the use of investment advisors?

I think a lot comes down to either ignorance, fear or lack of time/desire. Ignorance is the easy part to explain. Most people have no clue about managing finances -- either regular cashflow or savings/investments. The idea of managing a large portfolio makes them feel like they have a need to pay so...
by enki
Fri Mar 24, 2017 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO vs. USAA auto insurance
Replies: 55
Views: 18226

Re: GEICO vs. USAA auto insurance

Thank you for the clarification and additional information. I was a tier 3 member before recently switching to GEICO but my eligibility is through my step-father. His father was an officer and he was enlisted so the criteria above seemed to fit how my tier was assigned. I did chuckle at the respons...
by enki
Fri Mar 24, 2017 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO vs. USAA auto insurance
Replies: 55
Views: 18226

Re: GEICO vs. USAA auto insurance

Source: https://communities.usaa.com/t5/Auto-and-Property-Insurance/Membership/td-p/99183 The real members buy their insurance directly from USAA and they receive the benefit of the net profits from not only their insurance company but from the rest of ours. We get ours from one of the operating co...
by enki
Thu Mar 23, 2017 8:53 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard keeps saying my e-mail address doesn't work
Replies: 10
Views: 981

Re: Vanguard keeps saying my e-mail address doesn't work

Same here. Happened to me at least twice. Reconfirmed same email without issue. Also got a USPS letter.
by enki
Wed Mar 22, 2017 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs. Vangard?
Replies: 57
Views: 5916

Re: Fidelity vs. Vangard?

... How many standard Fidelity mutual funds actually invest in non publicly traded companies? Are they even allowed to? I was not under the impression that these funds acted as venture capital firms, which is pretty much what F-Prime is. So there doesn't really seem to be much correlation, unless I...
by enki
Wed Mar 22, 2017 7:15 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs. Vangard?
Replies: 57
Views: 5916

Re: Fidelity vs. Vangard?

I have both, but prefer Vanguard. Fidelity does a lot of shady things through their private investment arm F-Prime for the family and friends who own the company. While I grant you this behavior doesn't really effect me personally much but I simply don't like it, and thus tend to lean towards suppo...
by enki
Tue Mar 21, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: bad 401k options at new job
Replies: 22
Views: 2049

Re: bad 401k options at new job

Stick with maxing out "500 Index Fund 1.13" I am maxing my 401k with a 500 index (cheapest they got). I balance it with an extended market fund in an old 401k. You can do something similar and hold bonds etc in Roth IRA. I looked at my JH "500 index" and it trails the S&P by a full 1% even on a ten...
by enki
Mon Mar 20, 2017 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Annual Fee - Time to move assets!
Replies: 6
Views: 1522

Re: Vanguard Annual Fee - Time to move assets!

aristotelian wrote:Would that $6 be a deductible investment expense?
I believe the IRS excludes 401k fees from consideration of this.
by enki
Mon Mar 20, 2017 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: bad 401k options at new job
Replies: 22
Views: 2049

Re: bad 401k options at new job

Fortunately this section doesn't list any additional fees. It looks like we actually have a .11 credit which i guess makes the ER suck slightly less? I don't see anything listed regarding AUM thankfully. "Your plan has engaged John Hancock to provide record-keeping services such as educational reso...
by enki
Mon Mar 20, 2017 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Annual Fee - Time to move assets!
Replies: 6
Views: 1522

Re: Vanguard Annual Fee - Time to move assets!

Since Vanguard considers 0.000% of $97.36 to be $0.04, I think this finally answers the question of that thread from a month or so ago on whether you can arbitrage buying $0.01 in funds for an instant ROI (No, they clearly only show the first three decimals, but still calculate beyond that). Oh, and...
by enki
Mon Mar 20, 2017 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 61
Views: 7441

Re: Endless Job Interviews (with same company)

I've been on both sides of the table. With my last two jobs, I had multiple rounds of interviews. The one before current, it took about 3 months from first call to job offer (but I already had a job so didn't care too much). A couple phone interviews, followed by a in-person interview with my boss a...
by enki
Mon Mar 20, 2017 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: bad 401k options at new job
Replies: 22
Views: 2049

Re: bad 401k options at new job

John Hancock is horrible. We have them too, though our plan is slightly cheaper than yours. Regarding all the fees, in my research I've found two ways they stick it to you. The first is the obviously bloated expense ratios for each fund. The second is the account administrative expense fee. You can ...
by enki
Sun Mar 19, 2017 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 7553

Re: Am I Addicted [to contribute to my taxable account]

Here is what I find: I am a "spendaholic". I do love spending money. However, I have found that the act of investing at Vanguard gives me the same "rush" as spending or buying something. So, rather than satisfy the itch by buying crap, I satisfy it by investing. So, in that way, yes, I am addicted....
by enki
Fri Mar 17, 2017 9:01 am
Forum: Forum Issues and Administration
Topic: Extremely Short 'Stay Logged In' Time
Replies: 18
Views: 2901

Re: Extremely Short 'Stay Logged In' Time

Apologies in advance...you probably already did this...but have you restarted your machines? Are all of your operating systems and browsers up to date? No apology necessary -- definitely a fair question. And yes . Not specifically for this problem, but I reboot both my home and office machine at le...
by enki
Fri Mar 17, 2017 8:48 am
Forum: Forum Issues and Administration
Topic: Extremely Short 'Stay Logged In' Time
Replies: 18
Views: 2901

Re: Extremely Short 'Stay Logged In' Time

When logging in, I generally check the "remember me" box, but lately I've stopped since it didn't seem to make a difference. My home connection has IPv6 support (via an HE tunnel), but it doesn't appear that I am using that for BH forum since all my remember me activity, per the link you p...
by enki
Fri Mar 17, 2017 8:10 am
Forum: Forum Issues and Administration
Topic: Extremely Short 'Stay Logged In' Time
Replies: 18
Views: 2901

Re: Extremely Short 'Stay Logged In' Time

Are you always navigating from the same landing page (either the forum index or Boglehead's main site) or are you switching between the landing page and bookmarks / Google searches? I seem to recall a similar issue in the past with a user that was switching between http and https due to mixing up t...
by enki
Thu Mar 16, 2017 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: I can't contribute to my 401(k) due to "safe harbor" rules
Replies: 15
Views: 2191

Re: I can't contribute to my 401(k) due to "safe harbor" rules

But plans can mitigate this risk by requiring that accounts below a certain value (I believe it's generally $5k) need to be transferred out if employment is terminated. I believe this is a normal policy, though I'm not sure how high that minimum value can be set to. If an employer is <100 and has th...
by enki
Thu Mar 16, 2017 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Switching to Vanguard
Replies: 7
Views: 830

Re: Switching to Vanguard

Assuming your numbers are correct (I didn't check), then yes, I think that is a perfect way to illustrate to someone how even small fees over time can have a devastating effect on ones overall return. Losing out on almost 2% every year is going to hurt down the road. Also, I imagine your 'advisor' p...
by enki
Thu Mar 16, 2017 12:03 am
Forum: Forum Issues and Administration
Topic: Extremely Short 'Stay Logged In' Time
Replies: 18
Views: 2901

Re: Extremely Short 'Stay Logged In' Time

Glad to hear that it isn't the standard policy and I'm an apparent outlier . Yes, I log into the site from my home and work computer. Sometimes on my tablet, but that is generally rare since I'll usually just browse/read from there without being logged in. The problem does occur on both computers wi...
by enki
Wed Mar 15, 2017 8:25 pm
Forum: Forum Issues and Administration
Topic: Extremely Short 'Stay Logged In' Time
Replies: 18
Views: 2901

Extremely Short 'Stay Logged In' Time

I'm not sure why, but for some reason I can only stay logged into this site for a very short amount of time. It seems to vary between an hour and, at most, half a day. Is there a reason for this? I can understand if it was a sensitive site (e.g. bank, etc.), but I can't think of any forum or similar...
by enki
Tue Mar 14, 2017 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO auto rates vs. USAA: too good to be true?
Replies: 131
Views: 16046

Re: GEICO auto rates vs. USAA: too good to be true?

I have "Garrison Prop and Cas Ins Co" for my USAA (former NCO). Terrible news for me -> guess I need to shop for new insurance. I had one at fault incident in 2003. No tickets, ever (not even from the at fault incident). Been with USAA for too long apparently. Now I just have to figure ou...
by enki
Tue Mar 14, 2017 12:28 am
Forum: Investing - Help with Personal Investments
Topic: Vang. High Yield Tax Exempt Fund Admiral Shares
Replies: 16
Views: 1587

Re: Vang. High Yield Tax Exempt Fund Admiral Shares

If you're considering pulling out just because 40% of your holdings has dropped, at most, 7% over the past year (from the peak in July until now), then I think you need to re-evaluate your risk tolerance, because it is not "3-4/5". What would you do if the market dropped 40-50% on the rest...
by enki
Mon Mar 13, 2017 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Yubikey-only option?
Replies: 34
Views: 4021

Re: Vanguard Yubikey-only option?

I certainly can't think of any situation where an account is locked down for a "couple weeks". Used to be with VG if you wanted to change your username, the online access to the account was locked for about 2 weeks. Not sure about current requirements. That seems weird. But that sounds mo...
by enki
Mon Mar 13, 2017 6:47 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Yubikey-only option?
Replies: 34
Views: 4021

Re: Vanguard Yubikey-only option?

I seem to be missing something, I have SMS 2 factor on my Vanguard accounts. I also use a U3F key on my account except for the time I registered my key I have never received a SMS just insert the key touch it and I am on. I also use the same key for Google which I hope secures my acct and gmail. y ...
by enki
Sun Mar 12, 2017 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Diversify Your Emergency Fund?
Replies: 32
Views: 2549

Re: Diversify Your Emergency Fund?

If anything, wouldn't that not only add complexity but also lower returns? Online savings accounts have ~1% yields. I'm not familiar with a no penalty CD from Capital One (I just checked their website and they all seem to have a forfeiture for early withdrawl), but their <1year CDs have 0.4% APR. Th...
by enki
Sat Mar 11, 2017 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Yubikey-only option?
Replies: 34
Views: 4021

Re: Vanguard Yubikey-only option?

I did not say that answering the questions inacurately is unethical.* I meant advocating answering them incorrectly is unethical. At least for people who work for the institution. I've had IT, security people and customer service reps suggest it and that is totally unacceptable. If it's your system...
by enki
Sat Mar 11, 2017 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones to Vanguard Transition: What to do with Bonds?
Replies: 15
Views: 1411

Re: Edward Jones to Vanguard Transition: What to do with Bonds?

When my grandmother died years ago, my father and his brother and sister inherited her EJ account (non-IRA). For a long time, she had all her assets under management with some FA who she liked a lot (I have no idea about the company, investments or the quality/cost/etc.), but when she remarried (at ...
by enki
Sat Mar 11, 2017 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Yubikey-only option?
Replies: 34
Views: 4021

Re: Vanguard Yubikey-only option?

I don't know of any online service, be it financial or otherwise, that imposes any significant form of delay between the unlocking of an account (or similar password reset) and being able to have full control of the options offered. I imagine some might have internal security monitoring that looks f...
by enki
Fri Mar 10, 2017 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Yubikey-only option?
Replies: 34
Views: 4021

Re: Vanguard Yubikey-only option?

Additionally, in regards to security questions, the recommended approach is to: 1) Have unique answers to every site. 2) Have the answers be completely unrelated to the question at hand. e.g.: What city were you born? Banana Using password management systems like LastPass allow you to save notes for...
by enki
Fri Mar 10, 2017 10:17 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Yubikey-only option?
Replies: 34
Views: 4021

Re: Vanguard Yubikey-only option?

I think we need to break down your question down a bit more. Is Yubikey secure? Yes. The technology behind it has been pretty thoroughly tested and is a secure authentication mechanism. Additionally, Yubikey itself has a lot of integration options, which makes it a pretty handy method of authenticat...
by enki
Fri Mar 10, 2017 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Mass Mutual Retirement Plan
Replies: 2
Views: 498

Re: Mass Mutual Retirement Plan

My wife's 401k is with Mass Mutual. If her experience is the norm, you need to make sure you look beyond just the fund ERs. In her case, they are actually fairly reasonable (a few VG funds and BlackRock life strategy funds at .11%). However, there is also a .9% AUM fee levied across the board, bring...
by enki
Wed Mar 08, 2017 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO auto rates vs. USAA: too good to be true?
Replies: 131
Views: 16046

Re: GEICO auto rates vs. USAA: too good to be true?

USAA member here. One thing most people don't realize, as I didn't until a year or so ago, is that USAA has very different tiers when it comes to members and rates. Most people are familiar with the "full" member differences, where you are eligible for insurance products at all, but even w...
by enki
Wed Mar 08, 2017 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Setting Up a Vanguard Account
Replies: 7
Views: 824

Re: Setting Up a Vanguard Account

Your Roth and your wife's Roth would need to be under separate accounts. The joint brokerage can be under both. Additionally, you can get account management rights for your spouses account, I forget what they call this, so you can see and manage your wife's Roth under your own account. We do this si...
by enki
Wed Mar 08, 2017 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds and YTM -- Issue with The Bond Book's Claim
Replies: 14
Views: 1392

Re: Bonds and YTM -- Issue with The Bond Book's Claim

Wow, thanks everyone for the very detailed and thorough responses. It looks like my original assumption was correct -- that calculating YTM is a lot more complicated than I originally assumed and I was in fact missing something in my more relatively simple calculations. I'll spend some more time tom...
by enki
Wed Mar 08, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds and YTM -- Issue with The Bond Book's Claim
Replies: 14
Views: 1392

Re: Bonds and YTM -- Issue with The Bond Book's Claim

I took that formula and ran it through using a couple different terms of length to maturity using the same example $1000 bond @ 7.5% coupon: 1-Year Term: R = {1075/1000}(1/1) - 1 = 0.075 or 7.5% YTM 2-Year Term: R = {1150/1000}(1/2) - 1 = 0.072 or 7.2% YTM 3-Year Term: R = {1225/1000}(1/3) - 1 = 0.0...
by enki
Wed Mar 08, 2017 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds and YTM -- Issue with The Bond Book's Claim
Replies: 14
Views: 1392

Re: Bonds and YTM -- Issue with The Bond Book's Claim

Here is gummy on the math of bonds. m Ron Thanks, that definitely provides a wealth of information (not to mention math) on how to calculate yields. I didn't have a chance to read it too much in depth yet since I'm at work, but I did take a quick look. Unfortunately, I'm still a bit confused. Possi...
by enki
Wed Mar 08, 2017 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Bonds and YTM -- Issue with The Bond Book's Claim
Replies: 14
Views: 1392

Bonds and YTM -- Issue with The Bond Book's Claim

So I have a clarification question regarding bonds. A little background: While I think I have a fairly good basic understanding of how bonds generally work, I've been wanting to get a little better insight into how they work under the hood. So recently, I purchased a book that seemed to be pretty we...
by enki
Mon Mar 06, 2017 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: A surprise raise
Replies: 10
Views: 1522

Re: A surprise raise

I've always treated raises and bonuses as a 50/50 deal when it came to retirement savings. For raises, it was simple -- I increased my 401k contributions by half of the raise, up until it is maxed out. For bonuses and any other general surplus in income, where it would be difficult to adjust for an ...
by enki
Mon Mar 06, 2017 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: bonus calculation formula
Replies: 3
Views: 570

Re: bonus calculation formula

Seems like a kind of shady way of changing the structure of your bonus more than it is to better handle company profits for business tax purposes... I understand the idea that you are paid on net profits, and that technically a bonus coming out of net profits would inherently lower said profits. But...
by enki
Sat Mar 04, 2017 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Portfolio by Advisor
Replies: 26
Views: 1824

Re: Emergency Fund Portfolio by Advisor

thanks enki, my advisor did say that we could loose 40% of that 30K and but, he also says, that given 70% in Muni, we may not loose 30% of 30K, How much % do you invest in your Muni? He suggested using Vanguard funds and he is a CFP True, the bond fund has a much lesser chance of principal loss vs ...
by enki
Sat Mar 04, 2017 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Portfolio by Advisor
Replies: 26
Views: 1824

Re: Emergency Fund Portfolio by Advisor

He suggested 70% in 1 Bond (California Muni) and 30% in 1 Stock (Vanguard total sotck market) He says, CA Muni and VTI may offer > 1% and given, we still keep 4 month in cash and wife has a job, it is better to take risk putting 10K in stocks out of our 55K of Emergency Money (25K cash, 30K in Mark...
by enki
Sat Mar 04, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Portfolio by Advisor
Replies: 26
Views: 1824

Re: Emergency Fund Portfolio by Advisor

IMO he's playing you. Of course you don't want 55K in checking paying 0.01%, but you can put it in FDIC insured savings and CDs paying more than 1%. 70 different bonds and 30 different stocks? And do you want to risk a big decline in stocks just before you need to draw on the emergency fund? I can'...
by enki
Sat Mar 04, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Portfolio by Advisor
Replies: 26
Views: 1824

Re: Emergency Fund Portfolio by Advisor

The first thing I would say is that your emergency fund's cash should not be sitting in a checking account earning 0.01% interest. Instead, you should definitely look into high yield savings accounts (generally ones online) that offer ~1% interest. I believe the general rule of thumb is that an emer...
by enki
Sat Mar 04, 2017 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Special Needs Child, ABLE Account MF recommendations
Replies: 3
Views: 313

Re: Special Needs Child, ABLE Account MF recommendations

I would think that you would want to treat the AA similar to that of a retirement account, since I assume you would be making contributions to it now for future growth and withdrawals wouldn't be needed until some future date. Since there are a lot of variables at play, you would need to determine h...
by enki
Fri Mar 03, 2017 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Cooperative (co-op) unit - Questions to ask
Replies: 29
Views: 4297

Re: Buying a Cooperative (co-op) unit - Questions to ask

My aunt has a coop in NYC and has lived there for many, many years. Fortunately, the board has been pretty good in terms of operational management and they don't act like power hungry idiots. Recently, things worked out even better for the owners because they ended up leasing some retail space on th...
by enki
Fri Mar 03, 2017 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: Simple advice/recommendation with 11k rollover from a previous 401k to Vanguard
Replies: 2
Views: 289

Re: Simple advice/recommendation with 11k rollover from a previous 401k to Vanguard

You're 28 years old with only $28k set aside for retirement outside of (I assume) this $11k and you are asking for advice on how to gamble it? That would be just about 28% (seems to be a common number here) of your total asset allocation in retirement accounts. My suggestion to you would be to not t...
by enki
Sat Feb 18, 2017 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Credit score odd question
Replies: 21
Views: 1801

Re: Credit score odd question

Its also pretty hard to accidentally miss two payments to the point where it would show up on your credit report. Being late by a couple days will result in late fees (which you can probably get waived at least once), but it takes a payment being 30+ days late before it is reported and affects your ...
by enki
Sat Feb 18, 2017 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire ending its Reserve 100,000 bonus point offer
Replies: 40
Views: 6413

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

I've had the CSR since it first came out and the CSP for years. I believe there was a couple instances where I got a text message from Chase asking me to verify a transaction as legitimate (it was approved already) and I just had to text them back. But outside of that, I've never had any issues with...