Search found 20 matches

by marge-g
Fri May 19, 2017 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Missing my Microsoft Money - any equivalents?
Replies: 34
Views: 4798

Re: Missing my Microsoft Money - any equivalents?

Here are some thoughts from a long-time personal finance software user (From Andrew Tobias’s “Managing Your Money”, to Microsoft Money, to Quicken) 1. Old data does not convert well, unless yours is small and simple. Unlikely that the new software that you switch to will correctly convert data to a ...
by marge-g
Tue Jan 03, 2017 6:56 pm
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 276
Views: 38635

Re: Retreat to cash

28-Nov-2016 1500 UTC Well, let's see what happens. Unconvinced by the feedback here, I've decided to get out of the market for a while. I remain convinced that there is an above average probability that the markets will experience a period of significant decline due to turmoil as the US administrat...
by marge-g
Mon Nov 28, 2016 12:16 pm
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 276
Views: 38635

Re: Retreat to cash

28-Nov-2016 1500 UTC Well, let's see what happens. Unconvinced by the feedback here, I've decided to get out of the market for a while. I remain convinced that there is an above average probability that the markets will experience a period of significant decline due to turmoil as the US administrati...
by marge-g
Tue Nov 22, 2016 6:47 pm
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 276
Views: 38635

Re: Retreat to cash

I probably started this thread with a poor title and overly wordy note, leading to many tangents. Market timing is not my question. Nor is the question of whether the new government will prove good or bad for the US markets. Nor is portfolio balancing. (Tax implications of a large sell was an intere...
by marge-g
Tue Nov 22, 2016 5:34 pm
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 276
Views: 38635

Re: Retreat to cash

If you're in and uncomfortable - get out. Otherwise stay in. If you're out and uncomfortable - get in. Otherwise stay out. Can you run the experiment for us, please? You get out, we'll stay in, you come back next year and tell us what the right choice was, okay? We'll all learn something from it. I...
by marge-g
Tue Nov 22, 2016 5:24 pm
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 276
Views: 38635

Re: Retreat to cash

Enjoying this discussion – thanks. More fuel: “Why a year?” - Nothing magic to me about a year. Perhaps more, perhaps less. Time for the new administration and congress to work through startup issues relative to suggested policy changes, both financial and otherwise. Things will settle politically a...
by marge-g
Tue Nov 22, 2016 11:28 am
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 276
Views: 38635

Re: Retreat to cash

When would you get back in? THAT, Detective, is the right question. [edit] Market timing requires a re-entry strategy. If you don't have a specific re-entry strategy then you shouldn't be pulling out. No, it's simple. If you're in and uncomfortable - get out. Otherwise stay in. If you're out and un...
by marge-g
Tue Nov 22, 2016 11:14 am
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 276
Views: 38635

Re: Retreat to cash

Good discussion, thanks. More feedback: Bigred77 – read my post – I never said that I ignored “uncertainty” in the past. I never had any indication that past crashes were coming, thus I rode them out. This time I see potential uncertainty and possibility to protect against a significant decline. I’m...
by marge-g
Tue Nov 22, 2016 10:26 am
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 276
Views: 38635

Retreat to cash

Markets do not like uncertainty, and it would appear that with the new president, 2017 will bring a period of uncertainty on some major issues. I DO NOT intend this post to elicit a political debate or name-calling contest. I have no leanings one way or the other with respect to political parties or...
by marge-g
Tue Nov 10, 2015 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Should I tell my advisor to take a hike?
Replies: 35
Views: 4304

Re: Should I tell my advisor to take a hike?

My thoughts: - Your portfolio is way too complicated and thus hard to manage - Roll over all of your IRAs from past employers into one account - Simplify and go with only a few investment vehicles, mutual funds or ETFs - You can almost always achieve your allocation goals with a half dozen funds - I...
by marge-g
Tue Jan 27, 2015 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Best Personal Finance/Budgeting Online tool for a Newbie?
Replies: 24
Views: 3097

Re: Best Personal Finance/Budgeting Online tool for a Newbie

With regard to the previous advice to "check out Mint.com or PersonalCapital.com." - Think long and hard before giving all of your financial login information and passwords to a web site. Despite all their promises, when the site gets hacked you will be in serious trouble.
by marge-g
Thu Jan 16, 2014 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: vanguard quality of service
Replies: 63
Views: 5576

Re: vanguard quality of service

I have large accounts with both Fidelity and Vanguard and find them both to be excellent on customer service. A number of people have replied that they have accounts with multiple firms. I find that odd. Why would one complicate management of a portfolio by having holdings spread across multiple br...
by marge-g
Sat Jan 11, 2014 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: 1st Time Investor--Fidelity or Vanguard?
Replies: 60
Views: 8426

Re: 1st Time Investor--Fidelity or Vanguard?

BTW, what does Quicken do for people that is so exciting that just keeping track of transactions in a simple spreadsheet does not? There are a lot of posts about problems with financial software--was just curious what the end value was for people? (Note: this is an honest question and not an attemp...
by marge-g
Sat Jan 11, 2014 10:55 am
Forum: Investing - Help with Personal Investments
Topic: 1st Time Investor--Fidelity or Vanguard?
Replies: 60
Views: 8426

Re: 1st Time Investor--Fidelity or Vanguard?

I manually enter transactions every month, but it is not "dozens"; instead it is low single digits from a few bond fund dividends. Plus I seem to have lots more funds than the average on this forum. Perhaps Quicken is trying to tell you something? Quicken is telling me something - that Fi...
by marge-g
Sat Jan 11, 2014 7:51 am
Forum: Investing - Help with Personal Investments
Topic: 1st Time Investor--Fidelity or Vanguard?
Replies: 60
Views: 8426

Re: 1st Time Investor--Fidelity or Vanguard?

Generally, I've also been happy with Fidelity. If only their transaction downloads to financial software like Quicken and Money worked reliably, I would not think of moving. Every month that I have to manually enter dozens of transactions and reconcile them reminds me that I could avoid the wasted t...
by marge-g
Fri Jan 10, 2014 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: 1st Time Investor--Fidelity or Vanguard?
Replies: 60
Views: 8426

Re: 1st Time Investor--Fidelity or Vanguard?

Again, thanks. What I'm after is convenience, ease of use, and customer service. One can buy & hold investments in pretty much any broker. Unless you trade very small dollars or very very frequently, commissions & purchase charges are insignificantly small, especially if one avoids load fund...
by marge-g
Fri Jan 10, 2014 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: 1st Time Investor--Fidelity or Vanguard?
Replies: 60
Views: 8426

Re: 1st Time Investor--Fidelity or Vanguard?

Thank you for the many helpful replies. I may have been overly optimistic about Vanguard as a full service investment firm. No question about the quality if their funds, but the full-service brokerage capability sounds a bit lacking, based on these replies. I’m off to check out other brokerage alter...
by marge-g
Sat Jan 04, 2014 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: 1st Time Investor--Fidelity or Vanguard?
Replies: 60
Views: 8426

Re: 1st Time Investor--Fidelity or Vanguard?

Reopening this old discussion. I am considering moving all of my investments from Fidelity to Vanguard, due to Quicken download problems. For the past year I have been unable to download transactions from Fidelity into Quicken. I hit a problem with a bad XML tag (OL-201-A error due to the INV401KBAL...
by marge-g
Sat Mar 06, 2010 10:54 am
Forum: Personal Finance (Not Investing)
Topic: MS Money user trying Quicken
Replies: 29
Views: 4420

Been there - done that

I understand what you're saying. My Money software did already expire. I now download manually & find it not bad. 15 minutes per week. Certainly better than my time wasted on failed conversions. One broker still does not have manual download capability. Again, manually updating takes only a few ...
by marge-g
Sat Mar 06, 2010 8:51 am
Forum: Personal Finance (Not Investing)
Topic: MS Money user trying Quicken
Replies: 29
Views: 4420

Stay with Money

If your information is at all complex, I'll save you a lot of time and grief - STAY WITH MS MONEY. I wasted hours trying to convert 10 years of data (multiple banks, credit cards, brokerage accounts, loans, budgets, etc.) to Quicken, and to MoneyDance. Unless you're willing to abandon or re-enter lo...