Search found 175 matches

by investor997
Fri Dec 15, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Reached 50X annual spending. Now what?
Replies: 56
Views: 5869

Re: Reached 50X annual spending. Now what?

OP, With 50X annual spending in investments, I think having a recent cancer scare at age 62 is all the more reason NOT to work any longer. At this point, time should be worth much more than money to you. I say go buy yourself a brand new pair of name-brand sneakers and wear them to the office on you...
by investor997
Thu Dec 14, 2017 8:26 pm
Forum: Investing - Theory, News & General
Topic: ESPP - Would you participate and what's your strategy
Replies: 24
Views: 1574

Re: ESPP - Would you participate and what's your strategy

My megacorp offers the following ESPP: -Payroll contributions up to 15% -Shares are purchased on the last trading day of the month at a 5% discount off the closing price -Purchased shares are deposited into the employee's account in 3-5 business days after purchase -Plan is administered via Fidelity...
by investor997
Thu Dec 14, 2017 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Southwest Companion Pass [California only]
Replies: 57
Views: 4899

Re: Southwest Companion Pass [California only]

Anyone else still waiting for notification of the companion pass? I was approved for the card on 11/14 and made my first purchase with it on 11/26. Maybe I'm just being impatient but I've already got a need for it! Follow up: It's 12/14 and I just got my Companion Pass invitation email. Note to Gma...
by investor997
Wed Dec 13, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: mega backdoor help needed
Replies: 2
Views: 272

Re: mega backdoor help needed

Currently I have contributed $20,000 of which $18,000 before tax and $2,000 after tax The before tax will remain in my 401k correct? Yep. Regarding the after tax I would request an in-service distribution. Regarding the gains of the after tax does one put that in a traditional IRA? Currently I only...
by investor997
Tue Dec 12, 2017 1:20 am
Forum: Personal Finance (Not Investing)
Topic: Done gone and did it [Retire]
Replies: 80
Views: 7708

Re: Done gone and did it

Congratulations! For your megacorp - is there any difference between resigning and retiring? Just curious. Not much. You have to retire to get pension benefits. Everything else is the same. Firstly, congratulations! Question on your pension benefit: Had you chosen to resign rather than retire, unde...
by investor997
Sun Dec 10, 2017 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 387
Views: 75669

Re: Bank of America/Merrill Edge - Preferred Rewards

FYI: BofA is presently offering a $100 new account bonus on checking accounts for new customers. The account must be funded with two Direct Deposits of at least $250 within 90 days. I opened an account with them on 11/15 and immediately changed my employer direct deposit settings (biweekly). The bon...
by investor997
Fri Dec 08, 2017 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Scottrade Bank announces account closures
Replies: 1
Views: 452

Re: Scottrade Bank announces account closures

I think one can always write a check to work around the ACH transfer limits.

I also found it odd that Scottrade sent out this communication without having a proper transition plan to a new TD bank account in place first.
by investor997
Fri Dec 08, 2017 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Southwest Companion Pass [California only]
Replies: 57
Views: 4899

Re: Southwest Companion Pass [California only]

Anyone else still waiting for notification of the companion pass? I was approved for the card on 11/14 and made my first purchase with it on 11/26. Maybe I'm just being impatient but I've already got a need for it!
by investor997
Thu Dec 07, 2017 3:12 pm
Forum: Personal Consumer Issues
Topic: 4WD necessary/recommended on Big Island, HI
Replies: 36
Views: 2277

Re: 4WD necessary/recommended on Big Island, HI

When I was on the Big Island, I rented a Ford Escape (2WD). Maybe a little higher ground clearance than the average car but no offroading capability whatsoever. I took it on a dirt road on the northernmost tip of the island. It's only about a mile long and goes from the Upolu Airport to the Mo'okini...
by investor997
Thu Dec 07, 2017 3:02 pm
Forum: Personal Consumer Issues
Topic: 4WD necessary/recommended on Big Island, HI
Replies: 36
Views: 2277

Re: 4WD necessary/recommended on Big Island, HI

We took a helicopter tour from Hilo over the active lava flows and cauldron / vent. It was really great, since we didn't have extra days hiking in the park. We did not encounter smog on our trip. Definitely got to see stuff from the helicopter that we would never have seen otherwise. Our boat tour ...
by investor997
Tue Dec 05, 2017 11:27 am
Forum: Personal Consumer Issues
Topic: Running Linux vs Other OS?
Replies: 33
Views: 1563

Re: Running Linux vs Other OS?

I use Ubuntu 16.04 running inside a virtual machine all the time. I'm also interested in basing my next machine on it. I'm trying to come up with a list of tools or other software I require that I won't be able to run under Linux natively and the list seems quite short. One question I have is tax so...
by investor997
Mon Dec 04, 2017 1:48 pm
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8355

Re: Growing Number of Electric Vehicles

And by the way, as I was looking at their website, I came across their smart thermostat page. Contrary to your claim up-thread that "buried in the fine print for the rebate offer is the statement that says they will remotely override the thermostat", it's actually nicely explained in the fact sheet...
by investor997
Mon Dec 04, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8355

Re: Growing Number of Electric Vehicles

I'm sorry, but I saw nothing in that article that suggested that the alternative to the demand shedding was a brownout. Did we read the same article? The Flex Alert and subsequent warning on Feb. 6 were called because of extreme cold weather in much of the United States and Canada impacting fuel su...
by investor997
Mon Dec 04, 2017 2:19 am
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8355

Re: Growing Number of Electric Vehicles

I disagree this is 'rationing', which implies scarcity, rather than a market with mixed pricing. When these high demand events occur there are in fact additional available resources that can be fired up to meet the demand. Ahh, but in fact there times when there electricity *is* scarce, not to ment...
by investor997
Fri Dec 01, 2017 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Have you moved to ETF's? Why or why not?
Replies: 33
Views: 2294

Re: Have you moved to ETF's? Why or why not?

ETFs for taxable accounts because they're more tax efficient. Merrill Edge lets you buy whatever you want without commission ($50K min assets req'd).

Mutual Funds for IRAs (Roth, etc.) because you can buy them fractionally and they automatically re-invest dividends. No brainer.
by investor997
Fri Dec 01, 2017 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: I Can "Afford" This Right? (New Car)
Replies: 60
Views: 4618

Re: I Can "Afford" This Right? (New Car)

Personally, I would lease something. Luxury cars usually have subsidized lease rates and if you buy/finance them, it'll almost certainly cost you more to own than leasing would. Check out leasehackr.com to see what kinds of deals people are getting. If you really want to buy something and not lease,...
by investor997
Thu Nov 30, 2017 7:30 pm
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8355

Re: Growing Number of Electric Vehicles

...What you're basically saying is that electricity will need to be rationed. We won't be able to charge our cars whenever we want (or need) to. Will people willingly adjust their lives according to whether or not their car will have enough juice in it the next day to get them to where they need to...
by investor997
Tue Nov 28, 2017 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: What Fidelity funds do you use in your 3 fund portfolio?
Replies: 17
Views: 2953

Re: What Fidelity funds do you use in your 3 fund portfolio?

I opened my account with Fidelity not long ago so I'm using FTIPX in my portfolio. I can't comment directly on why FTIPX is newly recommended over FSIVX, but I will mention FTIPX has a 90-day holding period with a 1% early redemption fee. Something to consider.
by investor997
Mon Nov 27, 2017 1:40 pm
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8355

Re: Growing Number of Electric Vehicles

Which almost certainly will not happen-- except in rare instances. Not sure about this. Anyone with an electric car will switch to a Time-Of-Use metering plan and program their cars to charge in the middle of the night when rates are lowest. When the clock strikes 10:00, the load will jump to a lev...
by investor997
Mon Nov 27, 2017 11:20 am
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8355

Re: Growing Number of Electric Vehicles

Twice in the past year, the transformer that feeds the community I live in went up in smoke, cutting power to about 200 homes for upwards of 8 hours each time. Most recently it was due to high electrical demand on the hottest day of the year. The first thing that came to my mind after the second bla...
by investor997
Sun Nov 26, 2017 12:40 am
Forum: Personal Consumer Issues
Topic: Charcoal grill
Replies: 18
Views: 1496

Re: Charcoal grill

Get a 22" Weber kettle and add a Slow 'n' Sear:

https://abcbarbecue.com/product/slow-n-sear/
by investor997
Sat Nov 25, 2017 11:32 am
Forum: Personal Consumer Issues
Topic: Toyota older, "good" cars - my observations
Replies: 48
Views: 4222

Re: Toyota older, "good" cars - my observations

A few weeks back I summoned a Lyft and a gentleman picked me up in an older Avalon. I didn't ask him what year it was, but it was the same body style built from 2000-2004 or so. The LCD display in the center of the dash was almost comically large, as if designed specifically for folks with lousy up-...
by investor997
Sun Nov 19, 2017 12:20 pm
Forum: Investing - Theory, News & General
Topic: Schwab acct. security tool
Replies: 22
Views: 1541

Re: Schwab acct. security tool

How does Schwab verify your identity if you lose the 2FA authorization "gadget"?
by investor997
Fri Nov 17, 2017 1:10 am
Forum: Investing - Theory, News & General
Topic: Scottrade to TDA
Replies: 24
Views: 1971

Re: Scottrade to TDA

My current plan is to wait until my bonuses hit their one-year anniversaries and then transfer my accounts to Merrill Edge. My research shows you'll get free trades if your accounts total $250K or more, and if you ask they'll even reimburse you the transfer fee(s). Plus they offer a cash bonus, unl...
by investor997
Sat Nov 11, 2017 11:09 am
Forum: Investing - Help with Personal Investments
Topic: [Three-fund portfolio: Robo-adviser or 3 funds?]
Replies: 13
Views: 1715

Re: [Three-fund portfolio: Robo-adviser or 3 funds?]

You can request an in-kind transfer from Betterment but they'll only send out whole shares. For example, if your account held 5.62 shares of VTI prior to the transfer, there will be 0.62 shares left over that you'll have to liquidate (and potentially pay taxes on). The larger your account, the less ...
by investor997
Thu Nov 09, 2017 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 37802

Re: Did you tell anyone you paid off your mortgage?

Married. We divide up the work of keeping our finances in order. She handles the day-to-day and utility bills. I handle the bigger picture things like insurance, retirement savings, student loan payments, mortgage. Given that the mortgage is paid by direct deposit, there would be no direct indicati...
by investor997
Wed Nov 08, 2017 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 37802

Re: Did you tell anyone you paid off your mortgage?

I don't know why anyone with half a brain is on FB, and I certainly wouldn't use FB to disclose personal financial information to everyone on the planet. Just stick to cat gifs and boring baby photos. That said when I paid off my mortgage, I wasn't shy about revealing it to friends/colleagues if th...
by investor997
Wed Nov 08, 2017 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 37802

Re: Did you tell anyone you paid off your mortgage?

Secondly, as many have said already, IMHO don't tell anyone (except spouse). I told my spouse, and that was it. I will hold back on the social media. I've told a couple close friends/coworkers and that's it. I'll leave it at that. They're all happy for me. I find it strange how several here have sa...
by investor997
Wed Nov 08, 2017 1:35 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 685
Views: 115262

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Does ME currently require $25K or $50K cash deposit to get the Platinum level Preferred Rewards status? The website seems to indicate $50K. Neither. The $$ amount can all be in the investments, you just need a token amount in the checking accoutn so that it doesn't auto-close. Right. The cash depos...
by investor997
Wed Nov 08, 2017 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 37802

Re: Did you tell anyone you paid off your mortgage?

Resurrecting old thread.. I'm about to drop the payoff check for my mortgage in the mail. It took me a little over 19 years to reach this point. I was honestly considering a FB post to brag a little but leave it to the wisdom of forum to suggest otherwise... I think I'll limit the news to a few clos...
by investor997
Tue Nov 07, 2017 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: [Three-fund portfolio: Robo-adviser or 3 funds?]
Replies: 13
Views: 1715

Re: [Three-fund portfolio: Robo-adviser or 3 funds?]

I used Betterment for about two years until early this year when they raised their fees from 0.15% to 0.25%. Since then, and with the benefit of knowledge gained from reading this forum, I moved my assets out and currently self-manage a Three Fund-ish portfolio at a brokerage. I enjoy the self-manag...
by investor997
Tue Nov 07, 2017 6:41 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 685
Views: 115262

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Does ME currently require $25K or $50K cash deposit to get the Platinum level Preferred Rewards status? The website seems to indicate $50K.
by investor997
Thu Nov 02, 2017 12:13 pm
Forum: Personal Consumer Issues
Topic: Volvo "Overseas Delivery"
Replies: 14
Views: 1923

Re: Volvo "Overseas Delivery"

I did BMW European Delivery of an E90 335i about ten years ago. Great experience, but if Volvo is similar, the timelines will be lengthy. Figure on six months from order entry to re-delivery back in the states. A friend of mine just did European Delivery of a BMW back in July of this year. Someone h...
by investor997
Wed Nov 01, 2017 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Southwest Companion Pass [California only]
Replies: 57
Views: 4899

Re: Southwest Companion Pass [California only]

This is too juicy of a deal to pass up.

I currently have two other credit cards; a Citi Double Cash Mastercard and a BofA Cash Rewards card. I'm thinking of canceling the BofA card. Would it be better to do this first before applying for the Southwest card?
by investor997
Wed Nov 01, 2017 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: New Car: Ever make sense to lease?
Replies: 84
Views: 5601

Re: New Car: Ever make sense to lease?

IMHO, when it comes to new vehicles, buy-and-hold only makes financial sense when keeping it for a long time - perhaps ten or more years. Otherwise, manufacturer incentives tend to boost lease residuals artificially, resulting in a lower monthly depreciation payment compared to owning/financing. The...
by investor997
Wed Nov 01, 2017 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: New Car: Ever make sense to lease?
Replies: 84
Views: 5601

Re: New Car: Ever make sense to lease?

Re: the discussion about ICE vs. electric, there is some recent press on the challenges of supplying enough materials for the car batteries: https://jalopnik.com/we-may-not-have-enough-minerals-to-even-meet-electric-c-1820008337 Not only this, but what about our grid infrastructure? Twice now in th...
by investor997
Mon Oct 30, 2017 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Back Door Roth cautionary tale (Fidelity)
Replies: 4
Views: 1152

Re: Mega Back Door Roth cautionary tale (Fidelity)

if you transfer from a 401k to an IRA at Fido, the money should really be out of the market for even a day unless you use a specific type of 401k fund that is not available in your IRA. And even in that case, Fido will sometimes transfer to an equivalent fund -- for instance from the institutional ...
by investor997
Mon Oct 30, 2017 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Mega Back Door Roth cautionary tale (Fidelity)
Replies: 4
Views: 1152

Mega Back Door Roth cautionary tale (Fidelity)

My 401k plan is through Fidelity, and luckily for me, they allow in-service withdrawals of after-tax money as often as I'd like. The first time I did a Mega back door rollover, my Roth IRA was with another custodian. For the after-tax contributions, I instructed Fidelity to cut a check payable to ot...
by investor997
Wed Oct 25, 2017 6:31 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 45204

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

Outside of Merrill Edge (potentially) and Vanguard themselves, is there anywhere else one can buy/sell Vanguard ETFs commission-free?
by investor997
Tue Oct 24, 2017 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: International allocation in 401k
Replies: 9
Views: 482

Re: International allocation in 401k

sometimesinvestor wrote:
Tue Oct 24, 2017 6:00 pm
Don't know if you file single or joint but its probably a good idea to have up to a 100k international in taxable (if single to take advantage of the foreign tax credit
Single. What does this mean?
by investor997
Tue Oct 24, 2017 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: International allocation in 401k
Replies: 9
Views: 482

Re: International allocation in 401k

What's the problem with continuing to hold international in Roth and taxable? Maybe there isn't and I'm making something out of nothing. That's what I'm hoping to find out. BTW - my 401k is much larger than my other accounts, at least for now. At some point if I want to retire early, I'll have to d...
by investor997
Tue Oct 24, 2017 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: International allocation in 401k
Replies: 9
Views: 482

International allocation in 401k

This is the only international equity offering in my 401k: FDIKX - Fidelity Diversified International Class K, ER = 0.92 There is no passive/index option available to me in this category. Because it’s pricey, I’ve avoided it thus far and compensated by tilting my other accounts (Taxable, Roth IRA) t...
by investor997
Sun Oct 22, 2017 6:03 pm
Forum: Personal Consumer Issues
Topic: Car Enthusiasts Unite! - Porsche, Benz, Ferrari, Lambo, etc.
Replies: 72
Views: 5435

Re: Car Enthusiasts Unite! - Porsche, Benz, Ferrari, Lambo, etc.

I like the 997 - so much so, I'm named after it :) Seriously, it's a good choice for a "fun" car. Not cheap to buy, but they're pretty far down on the depreciation curve. The 997 Turbos in particular have probably bottomed out. And unlike many other high-dollar cars (at least when new) they're prett...
by investor997
Fri Oct 20, 2017 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Back Door Roth and Mega Back Door Roth
Replies: 19
Views: 1889

Re: Back Door Roth and Mega Back Door Roth

I'm not really sure what a non-brokerage Roth IRA is. My 401k provider (Fidelity) didn't care where I wanted the after-tax money. At the time, my Roth IRA was at Scottrade. I had them cut a check payable to "Scottrade Roth IRA FBO investor997", I deposited it at my local Scottrade branch and that wa...
by investor997
Fri Oct 20, 2017 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Back Door Roth and Mega Back Door Roth
Replies: 19
Views: 1889

Re: Back Door Roth and Mega Back Door Roth

In-service rollovers only refer to rollovers from the plan. The reverse rollover into the plan is not considered an in-service rollover Yes that is correct that is what vanguard said on the phone when I spoke with them. Also it turns out my employer does allow rollover from IRA to 401k provided it ...
by investor997
Fri Oct 20, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Back Door Roth and Mega Back Door Roth
Replies: 19
Views: 1889

Re: Back Door Roth and Mega Back Door Roth

The first time I did a Mega Back Door rollover, I had a substantial amount of earnings because I had after-tax money in my 401k for a long time before I discovered this process. It made sense for me to roll this chunk separately into a Rollover (Traditional) IRA so I could avoid paying taxes on it. ...
by investor997
Thu Oct 19, 2017 4:12 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 45204

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

“Broad based direct replacements”. What total market index will the spdr funds be tracking? Regards, John https://us.spdrs.com/en/strategies/spdr-portfolio-low-cost-etfs/view-all-spdr-portfolio-etfs With respect to SPTM: The SPDR Portfolio Total Stock Market ETF seeks to provide investment results ...
by investor997
Thu Oct 19, 2017 12:51 pm
Forum: Personal Consumer Issues
Topic: Account security - Hackers gain access to mobile and then break havoc
Replies: 157
Views: 12574

Re: Account security - Hackers gain access to mobile and then break havoc

You can always create a new, secret Google account along with an accompanying Google Voice number and use that as the SMS text recovery method. Google Voice numbers are impossible to port out (in theory). If Google Voice numbers are impossible to port out, then you do not need a secret Google accou...
by investor997
Thu Oct 19, 2017 11:28 am
Forum: Personal Consumer Issues
Topic: Account security - Hackers gain access to mobile and then break havoc
Replies: 157
Views: 12574

Re: Account security - Hackers gain access to mobile and then break havoc

Update: It appears that you can disable SMS texts to your phone as an option for sending codes when someone tries to change your password in the Google account security section at myaccount.google.com under the heading 2 step verification. I think that if you disable SMS by removing a number from y...
by investor997
Wed Oct 18, 2017 12:57 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 45204

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

tj wrote:
Wed Oct 18, 2017 11:54 am


Thats the standard offer. Thr larger offer is 180 days. I assune tda is the same in that the temporary larger promotion has a longer holding period.
What larger offer?