Search found 2110 matches

by prudent
Mon May 30, 2016 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones or TIaa Creff
Replies: 31
Views: 1003

Re: Edward Jones or TIaa Creff

lisaatimmartin, I sent you a PM, which can be read by clicking on the link in the upper right corner of the page.

It should look like this: Private messages [1]
by prudent
Mon May 30, 2016 5:54 pm
Forum: Personal Consumer Issues
Topic: looking to replace my old fridge from 1992
Replies: 2
Views: 424

Re: looking to replace my old fridge from 1992

Topic moved to Personal Consumer Issues.
by prudent
Mon May 30, 2016 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones or TIaa Creff
Replies: 31
Views: 1003

Re: Edward Jones or TIaa Creff

^ so there's another way loads can be obfuscated - manipulating the buy price per share. Hadn't heard of that one.

My point to the OP is that it is important to know for sure if you paid loads on your Franklin purchases, because if you did I would file a complaint.
by prudent
Mon May 30, 2016 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones or TIaa Creff
Replies: 31
Views: 1003

Re: Edward Jones or TIaa Creff

Why not raise a complaint with EJ about the churning? There's no justifiable reason to switch Fund Families wholesale. One fund for another, that's a judgment call. But to say get out of all American funds and get all Franklin funds makes no sense to me. Perhaps they would rebate some or all of the ...
by prudent
Mon May 30, 2016 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones or TIaa Creff
Replies: 31
Views: 1003

Re: Edward Jones or TIaa Creff

Look at your EJ statement - you will see what your American funds sold for. Add up the amounts. Then look at what your purchases of Franklin funds cost. Is there a difference? (i.e. did you spend less on the purchases than what you got from the sales) It's not because of market fluctuations. It coul...
by prudent
Mon May 30, 2016 4:24 pm
Forum: Personal Consumer Issues
Topic: Question about Coin Collection
Replies: 15
Views: 802

Re: Question about Coin Collection

The one you need is of course the key to that series. As a fellow collector, I know how it feels to complete a set. While I don't believe coins should be considered an investment, nobody wants to lose their shirt either. But numismatics allows a collection to be built, enjoyed, and later sold such t...
by prudent
Mon May 30, 2016 6:41 am
Forum: Personal Finance (Not Investing)
Topic: Help: Credit dropped 100 points in a month.
Replies: 7
Views: 976

Re: Help: Credit dropped 100 points in a month.

It is very unlikely the increase in your credit limit could impact your score that heavily. They may have done a hard pull on you which might hurt a few points, but nowhere near 100 points. For your score to tank so much, it would take a black mark on your record - a late payment, judgment, charge o...
by prudent
Sat May 28, 2016 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Thomas White International Fund I - TWWIX
Replies: 6
Views: 321

Re: THOMAS WHITE INTERNATIONAL FUND I - TWWIX

Funds with large minimums do not have any magic that allows them to do better than other funds. I would not give a second thought to not being able to get back in to a fund with a large minimum. On the subject of TWWIX... This fund has outperformed a foreign large value index benchmark over the last...
by prudent
Fri May 27, 2016 2:06 pm
Forum: Investing - Theory, News & General
Topic: New Book: Living off Your Money (Michael McClung)
Replies: 58
Views: 7558

Re: New Book: Living off Your Money (Michael McClung)

This is the kind of book I'm likely to buy FOR the local library. Maybe not mainstream enough for the library to purchase itself, but having it show up when people search by subject in the county-wide online catalog gets it in front of a lot of potential readers.
by prudent
Fri May 27, 2016 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to retire a credit card?
Replies: 17
Views: 2575

Re: Best way to retire a credit card?

You mentioned your score is near 850 but not on what scale - a maximum of 850 or a maximum of 950. If you're at 850 on a scale that maxes out at 850, cancel the card. Otherwise keep the card open so it contributes positively to your credit score by keeping your utilization under 30%. I've never hear...
by prudent
Fri May 27, 2016 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Should a 72 yo renew term life insurance?
Replies: 31
Views: 2219

Re: Should a 72 yo renew term life insurance?

No dependents? I see no need for life insurance.
by prudent
Thu May 26, 2016 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest my cash in tax-exempt municipal bond funds?
Replies: 18
Views: 2011

Re: Should I invest my cash in tax-exempt municipal bond funds?

My first thought is - do you have all your cash at the same institution? I would want to be sure I was not exceeding the FDIC insurance limit.
by prudent
Thu May 26, 2016 10:53 am
Forum: Personal Finance (Not Investing)
Topic: New car buying
Replies: 27
Views: 1693

Re: New car buying

It's only logical to approach a number of dealers because it's likely they have unequal levels of "need to sell" at any given time. If Dealer A is typically cheaper but Dealer B needs to sell 2 more cars this week to hit a bonus threshold that Dealer A has already achieved, you might find ...
by prudent
Thu May 26, 2016 10:13 am
Forum: Investing - Help with Personal Investments
Topic: My first year - Way forward
Replies: 7
Views: 870

Re: My first year - Way forward

Is there any chance that currency fluctuations are affecting your results?
by prudent
Thu May 26, 2016 9:29 am
Forum: Personal Finance (Not Investing)
Topic: What banks work with Quicken directly (without needing to download a file)?
Replies: 5
Views: 387

Re: What banks work with Quicken directly (without needing to download a file)?

I have a feeling there are countless banks that work well with Quicken. I have accounts with two banks and two credit unions and they all work fine.

DId you see this page on the Quicken site? http://www.quicken.com/support/bank-ame ... ion-errors
by prudent
Thu May 26, 2016 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Social Security calculators and the starting working year
Replies: 8
Views: 278

Re: Social Security calculators and the starting working year

I thought the calculators used your own earnings record to project benefit amounts.
by prudent
Thu May 26, 2016 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed Regarding Credit Card Choice
Replies: 12
Views: 617

Re: Advice Needed Regarding Credit Card Choice

However, I've also read reviews that say that if you pay the balance off before the statement process, that you lose out on the extra 1%. Is that true? I ask because currently I pay off my balance right before the statement processes in order to keep my credit utilization low on my credit score (it...
by prudent
Thu May 26, 2016 6:55 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 163
Views: 7975

Re: What's Your Credit Card Rewards Strategy?

We settled on a 4-card portfolio. - Fidelity Amex (2% cashback) which I will probably change to a Citi DoubleCash - Penfed 5% cashback on gas - Citi Dividend for all online purchases using their Virtual Account Number program (creates single-use credit card numbers) 1% cashback. I give up some cashb...
by prudent
Thu May 26, 2016 5:38 am
Forum: Investing - Theory, News & General
Topic: New Department of Labor Fiduciary Rules Nixed
Replies: 4
Views: 887

Re: New Department of Labor Fiduciary Rules Nixed

There was some moderator review on this topic. Although this legislation has been previously passed and will go into effect June 7, the Congressional Review has disapproved and nullified the rules. The decision has not been finalized, as the President has promised a veto. Further discussions relate...
by prudent
Wed May 25, 2016 8:38 pm
Forum: Personal Consumer Issues
Topic: Autonomous cars are here: Tesla Model S Driver Caught Sleeping on Autopilot
Replies: 3
Views: 755

Re: Autonomous cars are here: Tesla Model S Driver Caught Sleeping on Autopilot

Topic is locked - off-topic. See Acceptable topics and Subforum Guidelines This is an investing and personal finance forum. We also maintain a subforum that allow our members to discuss consumer goods and services and recreational activities. Anything else is considered "Off Topic" and is...
by prudent
Wed May 25, 2016 6:03 pm
Forum: Investing - Theory, News & General
Topic: New Department of Labor Fiduciary Rules Nixed
Replies: 4
Views: 887

Re: New Department of Labor Fiduciary Rules Nixed

Topic is locked (proposed legislation). See: Unacceptable Topics Politics and Religion In order to avoid the inevitable frictions that arise from these topics, political or religious posts and comments are prohibited. The only exceptions to this rule are: •Common religious expressions such as sendin...
by prudent
Wed May 25, 2016 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Why is social security paying so low?
Replies: 49
Views: 5579

Re: Why is social security paying so low?

Just a reminder, please avoid political commentary so the thread can remain open.
by prudent
Wed May 25, 2016 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed Regarding Credit Card Choice
Replies: 12
Views: 617

Re: Advice Needed Regarding Credit Card Choice

I doubt very much if Citi Double Cash shorts you the other 1% if you pay ahead of statement close. I do not see that in the fine print anywhere. A payment is a payment, I'm sure you'd get the other 1%. The other card I use a lot is the American Express Blue Preferred card. There's a $75 annual fee,...
by prudent
Wed May 25, 2016 12:08 pm
Forum: Investing - Theory, News & General
Topic: Self Employed 911 fund & short vs longer term investments
Replies: 5
Views: 296

Re: Self Employed 911 fund & short vs longer term investments

I would approach it just like any other investment plan. Have your emergency fund in cash or cash equivalent like you have in Ally. Decide your risk tolerance. If your risk tolerance dictates that you may need more than your emergency fund at some point to feel comfortable, and you don't want those ...
by prudent
Wed May 25, 2016 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed Regarding Credit Card Choice
Replies: 12
Views: 617

Re: Advice Needed Regarding Credit Card Choice

I doubt very much if Citi Double Cash shorts you the other 1% if you pay ahead of statement close. I do not see that in the fine print anywhere. A payment is a payment, I'm sure you'd get the other 1%. The other card I use a lot is the American Express Blue Preferred card. There's a $75 annual fee, ...
by prudent
Wed May 25, 2016 9:27 am
Forum: Investing - Theory, News & General
Topic: Can I just let my money compound now?
Replies: 51
Views: 5815

Re: Can I just let my money compound now?

If you were fortunate enough to average 5% growth, you'd have $432K in 30 years (not allowing for taxes).
by prudent
Tue May 24, 2016 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Need Moral Support for FA Breakup!
Replies: 68
Views: 4735

Re: Need Moral Support for FA Breakup!

Thanks for the update!
by prudent
Tue May 24, 2016 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Living without a checking account
Replies: 48
Views: 3540

Re: Living without a checking account

Let's avoid political discussion and focus on the OP's topic so the thread can remain open.
by prudent
Tue May 24, 2016 11:22 am
Forum: Investing - Help with Personal Investments
Topic: be my mother in law's financial advisor...or not?
Replies: 21
Views: 1967

Re: be my mother in law's financial advisor...or not?

I would also recommend Vanguard's PAS. I wouldn't do it myself. I wouldn't even do it for my own parents, knowing my siblings would be jealous and wondering what I'm being paid. It just gets too messy.
by prudent
Tue May 24, 2016 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Living without a checking account
Replies: 48
Views: 3540

Re: Living without a checking account

I would always "try on" a bank before leaving the old one. I bit on a $300 bonus last year to open an account at one of the larger regional banks. The third month they incorrectly charged me a $25 fee for not meeting the minimum balance requirement when there was not a single transaction s...
by prudent
Tue May 24, 2016 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Anyone use Ally bank as their only bank?
Replies: 31
Views: 1885

Re: Anyone use Ally bank as their only bank?

I've had a savings account there for 3+ years. I also had some CDs there for a couple years. I transfer funds in and out of savings to other institutions without any difficulty. The couple of times I needed to call them, I was talking to a live person in two minutes. The statements come on time. But...
by prudent
Tue May 24, 2016 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Need Moral Support for FA Breakup!
Replies: 68
Views: 4735

Re: Need Moral Support for FA Breakup!

^^ Agree with this. You have ONE reason for leaving: you are doing what you think is best. The salesperson's job is to refute your arguments and convince you that you are wrong to leave and of course won't be satisfied to let it go at that. Vague is best! Remember these people are trained to refute ...
by prudent
Tue May 24, 2016 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Voyager Select Service
Replies: 7
Views: 963

Re: Vanguard Voyager Select Service

Can you share a little more about how the voyager select service works? Do you like it and feel you are getting the help you need? My understanding is that we would get up to 1 call to a personal advisor per year where they'll take a look at our Vanguard stuff and make suggestions. There is no fee ...
by prudent
Tue May 24, 2016 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Reinvesting large amount of cash
Replies: 11
Views: 1341

Re: Reinvesting large amount of cash

Welcome! Regarding your questions: 1. Nobody knows the future. You have to evaluate your risk tolerance. It sounds like you are very risk-averse as you have been reluctant to re-invest your cash for years. There is always, always uncertainty and that will never change. 2. This also points to your av...
by prudent
Tue May 24, 2016 5:35 am
Forum: Personal Finance (Not Investing)
Topic: Living without a checking account
Replies: 48
Views: 3540

Re: Living without a checking account

I would not be comfortable if I didn't have some B&M local bank to deal with. I think it's possible that sometime in the not-distant future, hackers will manage to completely disrupt an online bank's operations for a time, and I do not want to be one of the hundreds of thousands of people trying...
by prudent
Mon May 23, 2016 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: term life insurance
Replies: 15
Views: 957

Re: term life insurance

If the FEGLI rates in the future are not guaranteed, you have to factor that in as well.
by prudent
Mon May 23, 2016 5:48 am
Forum: Investing - Help with Personal Investments
Topic: Financial Engines 401k management
Replies: 26
Views: 1697

Re: Financial Engines 401k management

This is what FE says in the methodology and assumptions section:
To estimate your retirement income, we use a process called annuitization and adjust for inflation to translate estimated portfolio values at retirement age into annual pre-tax estimated retirement incomes in today's dollars
by prudent
Sun May 22, 2016 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Barclays savings account 1% APR
Replies: 10
Views: 1188

Re: Barclays savings account 1% APR

There are so many people using online banking that if there was big problems we would hear about it. They will want to verify your ID, certainly. On the customer end, use strong passwords and don't use public wifi to access your bank. Some online banks have above-average reputations for handling onl...
by prudent
Sat May 21, 2016 12:05 pm
Forum: Personal Consumer Issues
Topic: surface street or freeway commute?
Replies: 32
Views: 1539

Re: surface street or freeway commute?

Having lived with both types of commutes, I prefer the freeway option. Easier on your car, definitely less stressful. There are restaurants we don't visit any longer because to get there we had to use a "surface street highway" - 3 lanes each direction but many traffic lights. And the area...
by prudent
Sat May 21, 2016 5:58 am
Forum: Personal Finance (Not Investing)
Topic: Synchrony Bank raises EWP
Replies: 9
Views: 1358

Re: Synchrony Bank raises EWP

Merged johnz1001's post into this existing thread.
by prudent
Fri May 20, 2016 10:59 am
Forum: Forum Issues and Administration
Topic: Why isn't there a bogleheads app
Replies: 34
Views: 3114

Re: Mobile App Bogleheads

Topic moved to Forum Issues.
by prudent
Fri May 20, 2016 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Leaving real estate to kids
Replies: 20
Views: 1625

Re: Leaving real estate to kids

I think it's a terrible idea to leave a property to more than one person. texasdiver had a very relevant real-life example. One co-owner will want to sell and others won't, or one will want something done and others won't, and you'll have conflict in the family. It's the same situation that is going...
by prudent
Fri May 20, 2016 8:01 am
Forum: Personal Finance (Not Investing)
Topic: How do you find a trust and how much will they charge?
Replies: 12
Views: 1227

Re: How do you find a trust and how much will they charge?

This question got me to thinking about trying to understand the difference between Vanguard PAS at 0.3% and Vanguard investment management services for a trust at 0.7% (lower on higher balances). They say their trust management includes: • Invest the trust portfolio assets objectively for the benefi...
by prudent
Thu May 19, 2016 9:46 am
Forum: Personal Finance (Not Investing)
Topic: New tires for a 10 year old Camry
Replies: 16
Views: 1237

Re: New tires for a 10 year old Camry

Don't forget your spare (whether full-size or donut type) because a 10-year-old spare is likely not to be reliable. Our tire guy pointed out to me some years ago (when we had a car with a full-size spare) that a full-size spare ought to be part of tire rotation. That way you are spreading the wear a...
by prudent
Tue May 17, 2016 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: selling classic car - tax?
Replies: 44
Views: 2706

Re: selling classic car - tax?

Locked as this thread has run its course.
by prudent
Tue May 17, 2016 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Hail damage on roof; what to do with Insurance Providers' $9,950 check
Replies: 51
Views: 3757

Re: Hail damage on roof; what to do with Insurance Providers' $9,950 check

Can't you cash the check and do nothing? Something about this doesn't seem right. Is this not insurance fraud? No, his policy covers that kind of damage and the roof was damaged. Just like if you car is hit by someone and they pay you for the damage - you don't have to have your car repaired, you c...
by prudent
Tue May 17, 2016 5:36 am
Forum: Investing - Theory, News & General
Topic: Predicting is hard
Replies: 9
Views: 1115

Re: Predicting is hard

Thread is locked for off-topic/political content.
by prudent
Mon May 16, 2016 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Need help to start investing for retirement
Replies: 6
Views: 508

Re: Need help to start investing for retirement

Welcome to bogleheads! Take a breath and relax because there's no need to panic. But it's difficult to make specific suggestions without knowing more about your situation. There are a number of moving parts that factor into how you should plan. Can you start with these questions? - How much can you ...
by prudent
Mon May 16, 2016 5:53 am
Forum: Investing - Theory, News & General
Topic: WellsTrade cancels "risky" orders
Replies: 13
Views: 2216

Re: WellsTrade cancels "risky" orders

If their system is designed to operate that way (give confirmations but then ignore the order), that's outrageous. The concept of deciding there are listed securities they will not purchase is crazy enough, but to issue a confirmation accepting the order and then delete it without notice is over the...

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