Search found 969 matches

by harikaried
Sun Jul 17, 2016 10:55 pm
Forum: Personal Consumer Issues
Topic: When traveling what do you use to bank online safely
Replies: 44
Views: 2392

Re: When traveling what do you use to bank online safely

A general note about using WiFi, if you don't need to enter a password when selecting the network, be careful about what sites you visit as anyone on that WiFi network can easily see what sites you're going to. This typically includes networks that have an in-web-page accept-to-use or login page. If...
by harikaried
Thu Jul 14, 2016 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Another "should I refinance" thread
Replies: 11
Views: 743

Re: Another "should I refinance" thread

I am not that familiar with ARMs to be honest. Isn't that what precipitated the housing crisis to a large extent? So it can adjust up 2 every 5 years? So in 5 years it could be 4.5. Then in another 5 years 6.5. What if I'm still in my house in 10 years You'll need to check the details of the ARM. F...
by harikaried
Thu Jul 14, 2016 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Another "should I refinance" thread
Replies: 11
Views: 743

Re: Another "should I refinance" thread

PenFed's 5/5 ARM adjusts up by at most 2%, so the current 5/5 2.5% will have a rate no worse than your current 4.5% at least for 5 years after the first adjustment. $257k @ 2.5% ARM: $1,015.47/mo $257k @ 3.575%: $1,164.84/mo So if refinancing to 3.575% would save you $195/mo, getting the 2.5% should...
by harikaried
Wed Jul 13, 2016 10:37 am
Forum: Personal Finance (Not Investing)
Topic: [Fidelity drops AmEx, Bank of America credit cards]
Replies: 260
Views: 30251

Re: [Fidelity drops AmEx, Bank of America credit cards]

I see no guidance about setting up the date of autopay. You go to set it up and it asks what day of the month you want to pay. How about on the due date, but there's no information readily seen on the website as to the new closing date, the grace period, etc. For us, the Account Summary page shows ...
by harikaried
Fri Jul 08, 2016 6:20 pm
Forum: Investing - Theory, News & General
Topic: Fidelity customers: Have you experienced pressure to buy active funds?
Replies: 59
Views: 3176

Re: Fidelity customers: Have you experienced pressure to buy active funds?

Been at Fidelity for almost 10 years with various IRAs, 401k, solo 401k, 529, brokerage, cash management, and credit card accounts. The closest thing to soliciting "active funds" would probably be from my employer notifying people of a new service available to the 401k plan: "Fidelity...
by harikaried
Thu Jul 07, 2016 11:37 am
Forum: Investing - Theory, News & General
Topic: What is your overall portfolio weighted expense ratio
Replies: 118
Views: 6346

Re: What is your overall portfolio weighted expense ratio

Fidelity is cutting fees everywhere including the 529 accounts!

Our overall portfolio including retirement, taxable brokerage, 529, charitable accounts is now 0.087%. Thanks Fidelity for lowering our overall investment expenses by ~20%.
by harikaried
Thu Jul 07, 2016 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Fido reduces 529 fees - very competitive
Replies: 7
Views: 452

Re: Fido reduces 529 fees - very competitive

Nice! We have the 529s invested in just Total Market Index where the overall expenses used to be 0.19%. According to the Investment expenses section as of 7/1/2016: https://www.fidelity.com/new-hampshire-529/overview.shtml Total Market Index Portfolio Estimated Underlying Fund Expenses 0.02% Program...
by harikaried
Fri Jul 01, 2016 2:48 pm
Forum: Personal Consumer Issues
Topic: How many of you have cut cord?
Replies: 145
Views: 8624

Re: How many of you have cut cord?

Last we had cable TV was part of our rent, so when we bought our house 7 years ago, we cut the cord. Probably saved almost $5000 in that time not paying for cable TV. Although we probably paid 15% of that savings for Netflix and Amazon Prime.
by harikaried
Fri Jul 01, 2016 12:51 pm
Forum: Investing - Theory, News & General
Topic: What is your overall portfolio weighted expense ratio
Replies: 118
Views: 6346

Re: What is your overall portfolio weighted expense ratio

harikaried wrote:0.107% including 529 plans. 0.092% without 529 plans.
Almost a month later with the market movement and primarily Fidelity reducing fund fees, the current weighted expense ratios:

0.099% including 529 plans
0.084% without 529 plans
0.066% without 529 plans or Vanguard funds (we only have VSS)
by harikaried
Fri Jul 01, 2016 12:05 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lowers expense ratio of some index funds
Replies: 117
Views: 8403

Re: Fidelity Cutting Fees on Index Funds

The advertisement's headline is in boldface all caps, "Fidelity's Index Funds Beat Comparable Vanguard Funds On Expenses" Fidelity also has a web page with that same title: https://www.fidelity.com/mutual-funds/investing-ideas/index-funds All of our 16 index funds have lower expense ratio...
by harikaried
Thu Jun 30, 2016 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: IRS says we owe over $2 million -- when to round amounts?
Replies: 20
Views: 5473

Re: IRS says we owe over $2 million -- when to round amounts?

Well... gas stations seem to always throw in a extra 9 thousandths of a dollar in their price. ;)
by harikaried
Thu Jun 30, 2016 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Switching to Fidelity's new Total International Index (includes small cap!)
Replies: 33
Views: 3290

Re: Switching to Fidelity's new Total International Index (includes small cap!)

We already exchanged from FSGDX to FTIPX using the full trade window: ⋅ Page 1: Sell a Mutual Fund and use the proceeds to buy another mutual fund. ⋅ Page 2: Sell all Shares ⋅ Page 2: BUY Fund FTIPX The new mobile-friendly movable trade ticket window is even faster: &sd...
by harikaried
Thu Jun 30, 2016 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: IRS says we owe over $2 million -- when to round amounts?
Replies: 20
Views: 5473

Re: IRS says we owe over $2 million -- when to round amounts?

Yup, we got a hard copy letter, so I've scanned all of it and took an extra picture specifically on the paragraph/table: "We believe there's a miscalculation on your December 31, 2015 Form 709. We made changes to your return that correct this error. As a result, you owe $2,330,910.72." Bil...
by harikaried
Wed Jun 29, 2016 12:45 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lowers expense ratio of some index funds
Replies: 117
Views: 8403

Re: Fidelity lowers expense ratio of some index funds

If I did my math right, I believe these lower expense ratios result in about a $50 savings each year for us.
by harikaried
Tue Jun 28, 2016 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Switching to Fidelity's new Total International Index (includes small cap!)
Replies: 33
Views: 3290

Switching to Fidelity's new Total International Index (includes small cap!)

Two weeks ago, Fidelity announced a new Total International Index Fund (FTIPX) which tracks MSCI All Country World Index ex USA Investable Market: http://www.businesswire.com/news/home/20160614005944/en/Fidelity%C2%AE-Strengthens-Index-Mutual-Fund-Line-up-Launches https://fundresearch.fidelity.com/m...
by harikaried
Tue Jun 28, 2016 9:54 am
Forum: Personal Finance (Not Investing)
Topic: IRS says we owe over $2 million -- when to round amounts?
Replies: 20
Views: 5473

Re: IRS says we owe over $2 million -- when to round amounts?

After 20 minutes on the phone waiting, all the IRS provided was that they'll look at it again and to call back after 30-45 days if we don't get an updated mailing. The representative did confirm that one spouse's Form 709 has a $0 balance instead of the $2 million balance, so hopefully we end up wit...
by harikaried
Mon Jun 27, 2016 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: IRS says we owe over $2 million -- when to round amounts?
Replies: 20
Views: 5473

IRS says we owe over $2 million -- when to round amounts?

We filed form 709s for splitting 529 gifts across 5 years between 2 spouses, so the split dollar amounts were the original amount divided by 10. The forms were prepared digitally with the extra cents precision after the division by 10, and I believe the IRS thinks we gave a gift of $10,000,000 inste...
by harikaried
Fri Jun 24, 2016 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Worth it to refinance 15 year fixed 3.125 -> 2.75
Replies: 28
Views: 2646

Re: Worth it to refinance 15 year fixed 3.125 -> 2.75

You might want to double check the numbers today for current mortgage rates. Looks like some places have lowered probably because of Brexit.
by harikaried
Wed Jun 22, 2016 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: AMEX Schwab platinum card
Replies: 10
Views: 1009

Re: AMEX Schwab platinum card

$450 annual fee. wow. must have some great bennies but i stopped reading at that point. At a quick glance: http://www.schwab.com/public/schwab/investing/accounts_products/credit_cards $200 (x2) airline fee credit each calendar year $100 global entry / tsa pre-check credit $500 Schwab brokerage from...
by harikaried
Tue Jun 14, 2016 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Question on where to get down payment for new home
Replies: 1
Views: 324

Re: Question on where to get down payment for new home

We are currently maxing out all tax deferred space and don't really want to try and temporarily stop to save for downpayment with thoughts of making up the difference later. If these are 401k accounts... not a common/popular option (and I don't have any experience of doing it myself), you could pot...
by harikaried
Tue Jun 14, 2016 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: is closing a new credit card beneficial to credit rating
Replies: 7
Views: 721

Re: is closing a new credit card beneficial to credit rating

Depending on the card issuer, if you have another credit card with them, you might be able to request to move the whole credit line to the card that you want to keep. This will close the card you don't want while maintaining the total credit line that gets used for credit score computations.
by harikaried
Tue Jun 14, 2016 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Recast Question
Replies: 13
Views: 940

Re: Mortgage Recast Question

But, the first bunch of payments are almost all interest again. Not so if you throw extra cash at the current mortgage. And, not cool to throw $100k toward a recast and still be paying mostly interest.. IMO. True that the proportion of a monthly payment towards interest is higher when recasting com...
by harikaried
Sun Jun 12, 2016 10:06 pm
Forum: Personal Consumer Issues
Topic: Your shopping strategy for new tires?
Replies: 123
Views: 7309

Re: Your shopping strategy for new tires?

Costco seems quite popular. What's the turnaround time for getting a rotation? Can you make an appointment ahead of time?

We were traveling and needed to get the tires replaced, and across several Costcos, the soonest we could get the car worked on was 3 hours.
by harikaried
Fri Jun 10, 2016 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Refininace mortgage [is it worth it]
Replies: 16
Views: 1209

Re: Refininace mortgage [is it worth it]

We originally had a 4.125% 30-year loan with Citibank that we refinanced to a 2.625% 3/1 ARM three years ago. We'll be paying off the mortgage when it adjusts at the end of this year. (Somewhat amusingly, we recently received a notice of estimated change to interest rate and monthly payments given t...
by harikaried
Thu Jun 09, 2016 6:58 pm
Forum: Investing - Theory, News & General
Topic: What is your overall portfolio weighted expense ratio
Replies: 118
Views: 6346

Re: What is your overall portfolio weighted expense ratio

0.107% including 529 plans. 0.092% without 529 plans. Highest dollar expense is from VSS.
by harikaried
Wed Jun 08, 2016 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Refininace mortgage [is it worth it]
Replies: 16
Views: 1209

Re: Refininace mortgage [is it worth it]

We will be in this house max 10 years. If you know 10 years is max, then perhaps an ARM might be useful. PenFed currently offers a 10/1 ARM at 3.25% (no origination fee), so assuming a loan of $300k, this would save almost $18k in interest over 10 years compared to a 3.875% loan. https://www.penfed...
by harikaried
Thu Jun 02, 2016 2:57 pm
Forum: Personal Consumer Issues
Topic: Self Driving Cars
Replies: 51
Views: 2159

Re: Self Driving Cars

So 36 years total and a huge amount of that time in creating laws suitable for the technology. Here's a presentation from earlier this year by Tony Seba: "Clean Disruption - Why Energy & Transportation will be Obsolete by 2030 - Oslo, March 2016" https://www.youtube.com/watch?v=Kxryv2...
by harikaried
Thu Jun 02, 2016 1:41 pm
Forum: Personal Consumer Issues
Topic: Self Driving Cars
Replies: 51
Views: 2159

Re: Self Driving Cars

Like wise the 2016 article talks about the road construction issues where a policeman is waving traffic through a red light or stopping traffic at a green light. Turns out the 2016 article was at least 1 year behind what's already possible with the technology. Less than a minute of searching result...
by harikaried
Thu Jun 02, 2016 1:28 pm
Forum: Personal Consumer Issues
Topic: Self Driving Cars
Replies: 51
Views: 2159

Re: Self Driving Cars

The authors point out that no SDC can negotiate this kinds of common street issues now or in the foreseeable future. Can't be done now or foreseeable future? Google cars can already handle bike turn signals. For those who aren't familiar, a biker sticking out a straight left arm implies the bike wi...
by harikaried
Wed Jun 01, 2016 6:15 pm
Forum: Personal Consumer Issues
Topic: Self Driving Cars
Replies: 51
Views: 2159

Re: Self Driving Cars

http://gizmodo.com/6-simple-things-googles-self-driving-car-still-cant-han-1628040470 Linking to an article about technology from almost 2 years ago? For some context, Tesla didn't even turn on AutoPilot auto steering software until about 1 year after that article was written. And in less than a ye...
by harikaried
Tue May 31, 2016 3:57 pm
Forum: Personal Consumer Issues
Topic: Soapbox (car safety features)
Replies: 240
Views: 23652

Re: Soapbox (car safety features)

So it down shifts the car and slams the accelerator hard for 15-20 seconds to get the car to accelerate from 52mph back to 55 mph. I believe all EyeSight vehicles have CVT, so there is no sudden downshift with kick. Some people complain about CVT because that immediate surge makes things feel faste...
by harikaried
Tue May 31, 2016 3:42 pm
Forum: Personal Consumer Issues
Topic: Soapbox (car safety features)
Replies: 240
Views: 23652

Re: Soapbox (car safety features)

There is NEVER a situation in my daily commute where I want my car to track the idiot in front of me eating their bagel and sending texts. So what do you do when someone is driving slowly in the carpool lane and the traffic to the right is bumper to bumper? Do you pull into the left shoulder becaus...
by harikaried
Tue May 31, 2016 3:40 pm
Forum: Personal Consumer Issues
Topic: Soapbox (car safety features)
Replies: 240
Views: 23652

Re: Soapbox (car safety features)

But then a car swerves into you lane say 10-15 cars ahead of you going 45 but it is accelerating. How does this new cruise work? Does it slam on the brakes to slow and try to maintain 10 car spacing or does it just let the distance close to 3-4 cars while the other car accelerates to 65 and then mo...
by harikaried
Tue May 31, 2016 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: How much can you make from the credit card / bank account game?
Replies: 54
Views: 4335

Re: How much can you make from the credit card / bank account game?

I realized that I can pay my rent with a CC. Yes, there's a 3% fee, but if I can get 1-2% back with a CC *and* use that to hit my minimum spend for the CC it should be worth it by a wide margin. Just remember that if you would have hit your minimum spend without charging your rent, then you would b...
by harikaried
Tue May 31, 2016 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: How much can you make from the credit card / bank account game?
Replies: 54
Views: 4335

Re: How much can you make from the credit card / bank account game?

In roughly the last 12 months, we've made almost $10k across 14 credit cards through cash back sign up bonuses and various credits/refunds with normal spending/charges. We could probably have made more through clever transferring of points to various airlines, but that seems to take a lot more plann...
by harikaried
Thu May 26, 2016 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 343
Views: 30730

Re: What's Your Credit Card Rewards Strategy?

Priceline Visa (2% everything): Redeem for statement credit against existing charge whenever I have $25+ If you ever have travel purchases, it's better to redeem against those as you get 10% of the used points back resulting in effectively 2.2% cashback. Even better is if you make purchases on Pric...
by harikaried
Wed May 25, 2016 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: Mortgage pay-off "match" from parents?
Replies: 25
Views: 2161

Re: Mortgage pay-off "match" from parents?

my parents have made the incredibly generous proposal that for every dollar that I prepay my mortgage principal, beyond the monthly requirement, they will match it on their end I suppose technically, selling the place will result in a large principal payment well beyond the monthly requirement… ;) ...
by harikaried
Mon May 23, 2016 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone use Fidelity as their bank account?
Replies: 60
Views: 7589

Re: Anyone use Fidelity as their bank account?

EFT/ACH transfers are different - they can be fast and with speeds similar to a Bank. Again, I was told that when it comes to clearing Checks - the regulations are slightly different for Brokerages and Banks. I initiated a transfer on the 20th pulling money into Fidelity, and the "Manage Cash&...
by harikaried
Sun May 22, 2016 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Spouse paycheck
Replies: 8
Views: 886

Re: Spouse paycheck

Would you do anything differently if you asked yourself:

So our pay started increasing. Our income is invested 60% stocks, 40% bonds. Please suggest what to do with our additional income.
by harikaried
Tue May 17, 2016 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone use Fidelity as their bank account?
Replies: 60
Views: 7589

Re: Anyone use Fidelity as their bank account?

fast/slow availability-to-withdraw threshold as it seems to be $250 (or potentially up to $299.99?) To confirm with a representative, the official stance is that mobile check deposits should be available after 4 business days. Typically checks $250 and lower will be available after 2 business days....
by harikaried
Mon May 16, 2016 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone use Fidelity as their bank account?
Replies: 60
Views: 7589

Re: Anyone use Fidelity as their bank account?

Just updating on my test deposits now that it's May 17th eastern time. I deposited 3 more checks over the weekend for $250, $300, $350; and now on the "manage money & payments" page, it shows: Deposits Not Yet Available to Withdraw $1,900.00 Scheduled to be Available on 05/18/2016 $1,2...
by harikaried
Mon May 16, 2016 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone trade with their Fidelity Cash Management Account?
Replies: 15
Views: 1124

Re: Anyone trade with their Fidelity Cash Management Account?

I did some testing today and bought a couple shares of MUB (iShares Muni Bond). Turns out if you've increased your "cash available to trade" by making check deposits, placing a Buy order will still use up "cash available to withdraw" first. I suppose one could think of the cash a...
by harikaried
Sat May 14, 2016 12:11 am
Forum: Personal Finance (Not Investing)
Topic: Anyone use Fidelity as their bank account?
Replies: 60
Views: 7589

Re: Anyone use Fidelity as their bank account?

Got an email just past midnight eastern time Saturday May 14th: Fidelity Alerts - Deposit Received Instead of "Received Today 05/13/2016" it now says "Scheduled to be Available on 05/17/2016 $600.00" And each of the "Recent Transactions" lines that previously said "...
by harikaried
Fri May 13, 2016 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone use Fidelity as their bank account?
Replies: 60
Views: 7589

Re: Anyone use Fidelity as their bank account?

I'll deposit 3 checks to myself: $199, $200, $201 to see when they become available. Under "Activity & Orders": 05/13/2016 Mobile Check Deposit (Estimated completion: Deposits are generally posted to your account by the next business day.) Checks Pending $199.00 As of end of business ...
by harikaried
Fri May 13, 2016 5:54 am
Forum: Personal Finance (Not Investing)
Topic: Anyone use Fidelity as their bank account?
Replies: 60
Views: 7589

Re: Anyone use Fidelity as their bank account?

Now Settled cash = Cash Available to Withdraw. 6 days after deposit. Wow something definitely not right with your account. I'd reach out to fidelity to see if they can sort it out. I believe 5 business days is typical for checks over $200 from my experience. Each check under $200 should be availabl...
by harikaried
Fri May 13, 2016 5:39 am
Forum: Personal Finance (Not Investing)
Topic: Anyone trade with their Fidelity Cash Management Account?
Replies: 15
Views: 1124

Re: Anyone trade with their Fidelity Cash Management Account?

You said your brokerage account is outside fidelity? We are talking about moving it within fidelity to a fidelity brokerage account. It isn't being withdrawn just transferred. Sorry I was unclear. The brokerage account we actually have money in isn't at Fidelity, but we do have an empty Fidelity Br...
by harikaried
Thu May 12, 2016 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone trade with their Fidelity Cash Management Account?
Replies: 15
Views: 1124

Re: Anyone trade with their Fidelity Cash Management Account?

I do not believe you have to wait for the transfer of money to completely settle before you can move the money from the Fido CMA account to your Fido Brokerage account to begin making purchases. I just tested as we deposited some checks yesterday. The money shows up in the total account value balan...
by harikaried
Thu May 12, 2016 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone trade with their Fidelity Cash Management Account?
Replies: 15
Views: 1124

Re: Anyone trade with their Fidelity Cash Management Account?

You can transfer to another fidelity taxable brokerage account. That is what i usually do to keep things separate. Any reason to keep them separate? I suppose keeping things separate makes it easy to glance at the balance where the typical number reported is the total account balance and not just s...
by harikaried
Thu May 12, 2016 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone trade with their Fidelity Cash Management Account?
Replies: 15
Views: 1124

Re: Anyone trade with their Fidelity Cash Management Account?

Digging around a bit more, it looks like the CMA has more insurance coverage: https://www.fidelity.com/why-fidelity/safeguarding-your-accounts CMA automatically splits cash/core position across 5 banks to get 5 times the normal FDIC $250k insurance coverage, so $1,250,000. Because CMA is a brokerage...
by harikaried
Thu May 12, 2016 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone trade with their Fidelity Cash Management Account?
Replies: 15
Views: 1124

Anyone trade with their Fidelity Cash Management Account?

In another thread asking about using Fidelity as a bank/checking account , I noticed that mobile check deposits are "available" the next business day but not withdrawable for a few more business days. This got me wondering, what could be done with deposited money in a bank account if not t...

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