Search found 1402 matches

by patrick
Sat Apr 22, 2017 4:01 pm
Forum: Personal Consumer Issues
Topic: Santander $225 bonus... delays?
Replies: 7
Views: 636

Re: Santander $225 bonus... delays?

I signed up for this and it took a couple of weeks for them to open the account. I got the direct deposit in late February and have not yet received the bonus. However there was also a 90 day requirement on the terms I saw so i presume the 30 day wait to get the bonus starts after that.
by patrick
Wed Apr 19, 2017 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: I bonds May 2017
Replies: 30
Views: 3064

Re: I bonds May 2017

Oh, I see, you are saying that inflation can be far higher than 3.53% when averaged over a twenty year period. So, what 20 year period can you point to where inflation published by BLS for CPI-U was greater than 3.53% annually, again, this isn't for a 5 year period or a ten year period, but a 20 ye...
by patrick
Sun Apr 16, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Why invest in International Index Fund?
Replies: 38
Views: 3209

Re: Why invest in International Index Fund?

Australian stocks have done much better than US stocks. Why not skip the US and invest in Australia only?
by patrick
Mon Apr 10, 2017 9:10 pm
Forum: Personal Consumer Issues
Topic: Using my local bank ATM chip card for Euros
Replies: 15
Views: 736

Re: Using my local bank ATM chip card for Euros

Thank you all for your comments and recommendation. Has anyone tried using the AAA Travel Money card or a similar card that pre load money and is usable in a foreign ATM to get cash in your foreign travels? Thanks If you are using a travel specific card be very careful not only about the fees but a...
by patrick
Sat Apr 08, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Article--Money Funds Yielding Over 1.​0 Percent Makes News; More Coming Soon
Replies: 21
Views: 2745

Re: Article--Money Funds Yielding Over 1.​0 Percent Makes News; More Coming Soon

Redneck Bank already gives me 1.25% on deposits, with two features that money funds lack -- FDIC insurance, and more importantly, a debit card with a picture of a horse on it!
by patrick
Sat Apr 08, 2017 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: VG has any funds for Frontier Markets??
Replies: 23
Views: 1751

Re: VG has any funds for Frontier Markets??

It looks like the cheapest frontier market ETF is now FRN with "only" a 0.70% expense ratio. I must admit that I'm tempted to put 0.3% of my stock investments in there now that I've gone to the trouble of calculating the number (their fraction of world equity market cap).
by patrick
Sat Apr 08, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Finally received 1099-INT for $350 HSBC bonus
Replies: 1
Views: 333

Finally received 1099-INT for $350 HSBC bonus

I finally received in my mailbox today a 1099-INT from HSBC for the $350 checking account bonus I got last year. We kind of expect to get corrected 1099-DIV forms (though I still don't like them!) but this it seems rather unusual for a 1099-INT. I still haven't gotten a form from TD or Capital One f...
by patrick
Thu Apr 06, 2017 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: VG has any funds for Frontier Markets??
Replies: 23
Views: 1751

Re: VG has any funds for Frontier Markets??

Frontier markets are very small markets. Looking at the total market cap of the MSCI indexes (from https://www.msci.com/documents/10199/4211cc4b-453d-4b0a-a6a7-51d36472a703 and https://www.msci.com/documents/10199/8920d079-db03-4998-af26-24de9d5e9a0d), developed and emerging markets add up to $46.21...
by patrick
Mon Apr 03, 2017 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Netspend interest not showing today
Replies: 9
Views: 741

Re: Netspend interest not showing today

I don't use mango. How do you make it work? I remember being turned off by the requirements to earn the high interest. I make it work by an ACH push of $800 each month from my checking account, which I then withdraw by purchasing a money order. Another strategy that could be used is to alternate be...
by patrick
Tue Mar 28, 2017 7:55 pm
Forum: Personal Consumer Issues
Topic: Virtual Private Networks (VPNs)
Replies: 149
Views: 10383

Re: Virtual Private Networks (VPNs)

Most ISPs these days are also in the content business. As long as they provide both internet access and content(e.g. cable TV) they have a conflict of interest. Using a VPN gives you a personal slice of net neutrality since the cable company can no longer "shape" your traffic. They can st...
by patrick
Sat Mar 25, 2017 12:35 am
Forum: Investing - Help with Personal Investments
Topic: Which of these funds for new 401k?
Replies: 9
Views: 517

Re: Which of these funds for new 401k?

Would the bonds in my 401k be better than Roth IRA because I am able to use institutional instead of investor/admiral shares? To a very small extent, yes. Vanguard's bond fund admiral shares are already very low in cost so the additional cost reduction of going to institutional is very small. Note ...
by patrick
Thu Mar 23, 2017 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus
Replies: 117
Views: 10996

Re: Capital One 360 $200 bonus

giesen5 wrote:Just learned something frustrating. My bank only allows $2500 to be transferred per day. So my plan is going to take more time. Bank is a credit union, maybe a regulation for all credit unions?


The limit is from the specific institution -- I have been able to transfer larger amounts with BECU.
by patrick
Thu Mar 23, 2017 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Citi card Nightmare
Replies: 75
Views: 8334

Re: Citi card Nightmare

Nope, this was the strangest thing I ever saw. :shock: Not an e-check, but a "substitute" check. Only way I could describe it kinda like the old-fashioned "counter checks" from years ago that merchants offered for absent-minded customers. When I logged on to my checking account ...
by patrick
Tue Mar 21, 2017 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on ADR OTC stock??
Replies: 13
Views: 669

Re: Thoughts on ADR OTC stock??

Japan is hosting the Olympics in 2020


I suspect you are not the only person who knows that.
by patrick
Mon Mar 20, 2017 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: 2.25% High Yield Checking - FSCU
Replies: 11
Views: 1742

Re: 2.25% High Yield Checking - FSCU

Lake Michigan Credit Union gives 3% on balances up to $15000 with similar requirements (but any direct deposit counts even if much smaller). This gives you the same total amount of interest ($450 per year) with a smaller deposit.
by patrick
Wed Mar 15, 2017 8:08 pm
Forum: Personal Consumer Issues
Topic: Help me pick a computer
Replies: 71
Views: 3663

Re: Help me pick a computer

I believe I have a Lenovo Lenovo H230. There's no stickers on the side and I didn't write this information down so the sole source of that information is the Crucial system scanner so I assume that thing works. With the RAM I just bought something that matched the specs of what the Crucial scanner ...
by patrick
Wed Mar 15, 2017 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Redneck/All American Bank
Replies: 17
Views: 2249

Re: Redneck/All American Bank

I use this bank and not only is it a real bank, it really has a picture of a horse on the debit card!
by patrick
Tue Mar 07, 2017 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Get $250 from Wells Fargo
Replies: 83
Views: 12247

Re: Get $250 from Wells Fargo

Note that the new version of this offer seems to have changed a bit -- it seems that now you can only qualify by debit card transactions.
by patrick
Sat Mar 04, 2017 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab ETF vs Vanguard ETF in Schwab Account
Replies: 8
Views: 660

Re: Schwab ETF vs Vanguard ETF in Schwab Account

All Schwab ETFs are commission-free if you trade them at Schwab. Schwab also has several index mutual funds which you can buy with no commission at Schwab, which also have the advantage of not needing to trade during the day and face a bid/ask spread. Schwabs ETFs and index funds are very low cost (...
by patrick
Mon Feb 27, 2017 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: santander bank bonus
Replies: 13
Views: 1772

Re: santander bank bonus

patrick wrote:I tried to open up this one online 4 days ago ... still waiting for it to finish processing.


And now I've finally had the account open and got the debit card in the mail today. Only took 3 weeks!
by patrick
Fri Feb 24, 2017 7:50 pm
Forum: Investing - Theory, News & General
Topic: Why not hedge using futures?
Replies: 54
Views: 3754

Re: Why not hedge using futures?

Note the IRS rules regarding "Constructive Sales of Appreciated Financial Positions"

https://www.irs.gov/publications/p550/c ... k100010318
by patrick
Tue Feb 21, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Credit cards vs. Cash
Replies: 123
Views: 7317

Re: Credit cards vs. Cash

Having lived in NYC, maybe I'm used to carrying around more cash than most people? Or maybe it's because I'm on the young side of Gen-X? Or maybe it's from all the trips to Vegas, where most vacationers never have less than $120 cash in their wallets. :) It's easy to arrive in Vegas with $120 or mo...
by patrick
Tue Feb 21, 2017 4:09 pm
Forum: Personal Consumer Issues
Topic: Desktop Computer - Still relevant? Good investment?
Replies: 76
Views: 6558

Re: Desktop Computer - Still relevant? Good investment?

"ATX" means a full size tower case? If so then would having an ATX case mean you could reuse it to build a new system whenever you decide you need a "new computer"? A new motherboard would have whatever docking slot for the up to date type of video card? Other special slots for ...
by patrick
Mon Feb 20, 2017 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Gold vs 401k
Replies: 45
Views: 2995

Re: Gold vs 401k

Gold has not come close to keeping pace with the dollar since 2014. Here is a graph: http://www.macrotrends.net/1335/dollar-vs-gold-comparison-last-ten-years The period shown actually has a 324% gain for gold with only a 35% gain for the dollar index. The selected scales (with one Y axis starting a...
by patrick
Sun Feb 19, 2017 3:09 pm
Forum: Personal Consumer Issues
Topic: PC replacement time
Replies: 30
Views: 2691

Re: PC replacement time

What were the specs of your previous computer? How well did it perform for your purposes? Here's the original product description: Ideacentre K330 Desktop Computer; Intel® Core i3-2100; Microsoft Windows 7 Home Premium (64-bit); 4GB DDR3-1333 RAM; 1TB 7,200RPM Hard Drive; DVD±RW Drive; 15-in-1 Memo...
by patrick
Sat Feb 18, 2017 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Good time to buy bonds?
Replies: 8
Views: 1195

Re: Good time to buy bonds?

Bond yields are still extremely low by historical standars. Of course, it is still possible that they will remain low or go even lower.
by patrick
Sat Feb 18, 2017 1:37 pm
Forum: Personal Consumer Issues
Topic: PC replacement time
Replies: 30
Views: 2691

Re: PC replacement time

What were the specs of your previous computer? How well did it perform for your purposes?
by patrick
Wed Feb 15, 2017 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: why invest internationally?
Replies: 72
Views: 3712

Re: why invest internationally?

If we're looking at the totality of returns including the last 30 years, international has a long way to go to catch up to a 100% U.S. portfolio. If we're only looking at the next 5-10 years, anything could happen. But it would need to be a significant change from what has been a fairly consistent ...
by patrick
Wed Feb 15, 2017 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: why invest internationally?
Replies: 72
Views: 3712

Re: why invest internationally?

If we're looking at the totality of returns including the last 30 years, international has a long way to go to catch up to a 100% U.S. portfolio. If we're only looking at the next 5-10 years, anything could happen. But it would need to be a significant change from what has been a fairly consistent ...
by patrick
Tue Feb 14, 2017 12:36 am
Forum: Personal Finance (Not Investing)
Topic: santander bank bonus
Replies: 13
Views: 1772

Re: santander bank bonus

I went to bank today.and signed up easy process. Brought the promotion coupon . Thanks Come to think of it, that's what I should have done! With the HSBC bonus I opened it in the branch and avoided lots of problems that happened to people who tried to open online ... too bad I didn't remember to do...
by patrick
Mon Feb 13, 2017 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: why invest internationally?
Replies: 72
Views: 3712

Re: why invest internationally?

I know I should for diversification but there has never been a time as far as I can tell where in a fiscal year when the US got hit that international didn't get hit harder. So this leaves just the upside as a reason. Less than 10% of the time does international outperform the US in the last 10 yea...
by patrick
Sun Feb 12, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Foreign bond fund
Replies: 4
Views: 269

Re: Foreign bond fund

I'm not sure which index fund you are talking about, but many foreign bond funds yield much higher than 0.08%. For instance, the Vanguard Total International Bond Index Fund Investor Shares (VTIBX) has an SEC yield of 0.74% and the (somewhat riskier) SPDR Bloomberg Barclays Emerging Markets Local Bo...
by patrick
Sat Feb 11, 2017 2:36 am
Forum: Personal Finance (Not Investing)
Topic: Consolidating to Wells Fargo?
Replies: 18
Views: 1128

Re: Consolidating to Wells Fargo?

Wells Fargo Platinum Savings (interest may as well be 0% but not a huge deal since even 1% isn't that much in the grand scheme of things) Most of us wouldn't pay an extra 1% in expenses on a bond fund even though it only reduces the returns by 1% ... receiving 1% less interest on the savings accoun...
by patrick
Sat Feb 11, 2017 2:34 am
Forum: Personal Finance (Not Investing)
Topic: Netspend 1099's?
Replies: 15
Views: 2257

Re: Netspend 1099's?

I got two 1099-INT forms from Metabank, one for each of the Netspend prepaid cards that I had. Neither of the amounts match the amount of interest that I received according to my records. Between the two forms, they're showing I received ~$2 more interest than I actually did. The IRS says the follo...
by patrick
Fri Feb 10, 2017 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: santander bank bonus
Replies: 13
Views: 1772

Re: santander bank bonus

I tried to open up this one online 4 days ago ... still waiting for it to finish processing.
by patrick
Thu Feb 09, 2017 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: $600 annual fee for 401K??
Replies: 15
Views: 1851

Re: $600 annual fee for 401K??

If you are the only employee, you can set up a solo 401k at Vanguard which has no fees other than the expenses of funds themselves (which would be Vanguard investor shares). I believe Fidelity/Schwab/etc. probably also offer similar deals.
by patrick
Thu Feb 09, 2017 3:20 am
Forum: Investing - Theory, News & General
Topic: Is it wise to buy I bonds yielding lower than TIPS?
Replies: 18
Views: 1633

Is it wise to buy I bonds yielding lower than TIPS?

Four years ago, 10-year TIPS has real yields of negative 0.57%, making 0% real yield series I savings bonds an obviously better choice. Since then, 10-year TIPS have surged to a real yield of positive 0.38%. The I bonds still have some built-in advantages, though -- not only do they defer taxes, but...
by patrick
Mon Feb 06, 2017 11:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 1099s available - Other companies just as good for sending 1099s???
Replies: 63
Views: 5860

Re: Vanguard 1099s available - Other companies just as good for sending 1099s???

What are people's experiences with 1099s from NetSpend and Metabank? I used them for 2016 for several months as long as they were offering 5% interest and then closed out. Do they mail 1099-INTs and when? Treasury Direct is available online. Last year Netspend 1099s were not received until early Fe...
by patrick
Mon Jan 30, 2017 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA + Cash portfolio help
Replies: 11
Views: 961

Re: Inherited IRA + Cash portfolio help

Be sure you understand the tax rules for inherited IRAs.
by patrick
Mon Jan 30, 2017 3:43 am
Forum: Personal Consumer Issues
Topic: Preserving Old DVD Content
Replies: 20
Views: 2098

Re: Preserving Old DVD Content

pshonore wrote:How about thumb drives? Are they up to 1TB capacity yet? What is their expected reliability?


1TB thumb drives are available, but most of us won't like the price ...
by patrick
Sat Jan 28, 2017 5:01 pm
Forum: Personal Consumer Issues
Topic: Preserving Old DVD Content
Replies: 20
Views: 2098

Re: Preserving Old DVD Content

You can simply copy all the files from the DVDs to your hard disks or other media -- you can see them in VIDEO_TS folder of each DVD (you can browse/copy the folders on a DVD the same as any others using Windows Explorer or other file management software). DVD playing software should be able to play...
by patrick
Thu Jan 26, 2017 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Best CC for Travel
Replies: 82
Views: 7156

Re: Best CC for Travel

Can you earn cash back with the CSR card, or is it only a good deal if you redeem it for travel? We actually do travel a good amount, and I would assume that would continue, however I don't want to be "trapped" to only travel to redeem our points. Also, does the CSR site where we redeem u...
by patrick
Wed Jan 25, 2017 1:08 am
Forum: Investing - Help with Personal Investments
Topic: If We Know Bonds Will B Going Down.....
Replies: 24
Views: 2345

Re: If We Know Bonds Will B Going Down.....

To the extent that interest rate increases (presumably meaning increases in short-term rates by the Federal Reserve) really are expected, they should already be reflected in current bond prices. Of course, something unexpected could still happen to causes losses -- or gains for that matter. If you a...
by patrick
Tue Jan 24, 2017 3:05 am
Forum: Investing - Help with Personal Investments
Topic: Automatic Reinvestment: To "check" or not to "check" (the box) . . that is the question?
Replies: 30
Views: 2767

Re: Automatic Reinvestment: To "check" or not to "check" (the box) . . that is the question?

The tax situation can turn out worse than merely having lots of lots if you are reinvesting the stock inside your IRA and you sell the same position at a loss in your taxable account. From https://www.irs.gov/publications/p550/ch04.html#en_US_2015_publink100010601 A wash sale occurs when you sell or...
by patrick
Sun Jan 22, 2017 11:44 pm
Forum: Investing - Theory, News & General
Topic: Hypo: What would you do if you were SURE of impending deline in markets
Replies: 62
Views: 4571

Re: Hypo: What would you do if you were SURE of impending deline in markets

If all you know is that the market will go down sometime within the next 90 days, there is no way to use that information. For the market to go 90 days without declining on any of the days would be unprecedented -- declining from time to time is the norm. The past long-term gains in the stock market...
by patrick
Sat Jan 21, 2017 4:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 1099s available - Other companies just as good for sending 1099s???
Replies: 63
Views: 5860

Re: Vanguard 1099s available - Other companies just as good for sending 1099s???

What are people's experiences with 1099s from NetSpend and Metabank? I used them for 2016 for several months as long as they were offering 5% interest and then closed out. Do they mail 1099-INTs and when? Treasury Direct is available online. Last year Netspend 1099s were not received until early Fe...
by patrick
Wed Jan 18, 2017 8:36 pm
Forum: Investing - Theory, News & General
Topic: TIPS are great in "theory." But real world...
Replies: 34
Views: 3761

Re: TIPS are great in "theory." But real world...

It does not really matter if the CPI accurately measures inflation or not. The TIPS market prices effectively take that into account. I have never subscribed to the conspiracy theory that they will arbitrarily cook the CPI numbers. While the market could account for a bad inflation index, I don't s...
by patrick
Wed Jan 18, 2017 8:00 pm
Forum: Investing - Theory, News & General
Topic: TIPS are great in "theory." But real world...
Replies: 34
Views: 3761

Re: TIPS are great in "theory." But real world...

grap0013 wrote:I agree. I don't like TIPS. I've seen no benefit in the real world. Only theoretical.


If you buy fire insurance and then your house doesn't burn down ... does that mean the insurance has no benefit in the real world, only theoretical?
by patrick
Wed Jan 18, 2017 7:55 pm
Forum: Investing - Theory, News & General
Topic: Should you be worried about losing money in bonds?
Replies: 14
Views: 3012

Re: Should you be worried about losing money in bonds?

Chart of historical drawdowns of U.S. bonds vs. stocks since 1926. How risky do bonds look? If you update the chart to account for inflation, they would look risky. For example, from the end of 1940 to the end of 1981, 10-year treasuries had a 55% loss after accounting for inflation (see http://pag...

Go to advanced search