Search found 2038 matches

by prudent
Wed May 04, 2016 9:53 am
Forum: Investing - Help with Personal Investments
Topic: New 401k - Worst in history?
Replies: 8
Views: 708

Re: New 401k - Worst in history?

Those ER numbers they give you already include any 12b-1 fees.
by prudent
Wed May 04, 2016 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Mods: please lock this thread
Replies: 30
Views: 2399

Re: Mods: please lock this thread

After moderator review, the thread will remain locked.
by prudent
Mon May 02, 2016 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: First Time investing with Credit Union with Large amount
Replies: 13
Views: 970

Re: First Time investing with Credit Union with Large amount

Maybe start with this question - do you want to have an advisor, or do you want to do it yourself? What is your investing goal? Retirement? Something else? When do you plan to use the money? the advisor said I should go to marketwatch.com and look at the S&P performance and if it goes lower than...
by prudent
Mon May 02, 2016 5:36 am
Forum: Investing - Theory, News & General
Topic: Long Term Bond Index Funds - Trying to Understand
Replies: 6
Views: 734

Re: Long Term Bond Index Funds - Trying to Understand

One point of clarification: the term yield does not mean how much an investment has gained. It represents the income from an investment. You can have a high yield on an investment that is dropping in value.
by prudent
Sat Apr 30, 2016 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Let's talk banking
Replies: 30
Views: 2603

Re: Let's talk banking

Do you want to bank online only, or do you prefer to have a brick-and-mortar location near you? And what services do you want from your bank? Checking only, checking and savings, safe deposit box, notary, medallion signature guarantees, credit card, CDs...?
by prudent
Sat Apr 30, 2016 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Investment Fee's [too high?]
Replies: 60
Views: 3662

Re: Investment Fee's [too high?]

What do you intend to discuss with your advisor?
by prudent
Fri Apr 29, 2016 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Fee's [too high?]
Replies: 60
Views: 3662

Re: Investment Fee's [too high?]

Welcome to bogleheads! Frankly, 3% a year coming out of your portfolio is far too high - you can't afford that.

Are you willing to manage it yourself? Post the information as outlined here: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212
by prudent
Fri Apr 29, 2016 6:08 pm
Forum: Investing - Theory, News & General
Topic: Retirement 'Crisis'. How much is self-inflicted?
Replies: 1
Views: 654

Re: Retirement 'Crisis'. How much is self-inflicted?

Locked, non-actionable. Forum policy 4b: Non-actionable (Trolling) Topics If readers can't do anything with the content of a topic other than argue about it, it does not belong here. Examples include: ◾US or world economic, political, tax, health care and climate policies ◾conspiracy theories of an...
by prudent
Fri Apr 29, 2016 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: denied Schwab overdraft credit line and trying to understand why
Replies: 25
Views: 1846

Re: denied Schwab overdraft credit line and trying to understand why

I would just chalk it up to Schwab not wanting to give you an overdraft line based on their underwriting standards. Perhaps they have found people with no brokerage assets cause more problems with overdraft lines. It's not unusual for denials to be accompanied by reasons that are flimsy at best, but...
by prudent
Fri Apr 29, 2016 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Question
Replies: 15
Views: 1169

Re: Chase Sapphire Question

We were just approved for this card and it's our first in the rewards game. I was wondering if car payments or student loans are eligible? She has both and we are about to pay them both off at once and I was wondering if we could capitalize on this. Thanks. Anything is eligible as long as you use t...
by prudent
Fri Apr 29, 2016 5:40 am
Forum: Investing - Help with Personal Investments
Topic: confusion with Edward Jones [closing trust account]
Replies: 3
Views: 394

Re: confusion with Edward Jones [closing trust account]

I can't think of a reason why a new trust would be necessary.
by prudent
Thu Apr 28, 2016 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Would investing in just high yield ETFs/ bonds do the trick?
Replies: 9
Views: 732

Re: Would investing in just high yield ETFs/ bonds do the trick?

Thread moved to Investing - Help with Personal Investments.
by prudent
Thu Apr 28, 2016 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Question
Replies: 15
Views: 1169

Re: Chase Sapphire Question

The bonus is a true "bonus" - on top of whatever points you earn.
by prudent
Thu Apr 28, 2016 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Help deciding if to ditch my financial advisor and DIY
Replies: 13
Views: 1024

Re: Help deciding if to ditch my financial advisor and DIY

I am particularly sensitive to the aspect of the OP's wife not wanting to handle things if the OP is not around. I can see a lot of value in being able to say to one's spouse "Advisor is doing everything just fine. If I am not around, things should be OK. Advisor should not need to make a lot o...
by prudent
Thu Apr 28, 2016 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for new trustee, distributions
Replies: 57
Views: 2748

Re: Advice for new trustee, distributions

That said, there is no way I will ever establish a trust that leaves the investment decisions 100% to a trustee's discretion (despite fiduciary obligations). I would rather the beneficiaries have to seek a court approved trust modification 20 years from now than allow a trustee to milk the trust dr...
by prudent
Thu Apr 28, 2016 12:29 pm
Forum: Personal Consumer Issues
Topic: Financing a car in order to fix credit
Replies: 14
Views: 980

Re: Financing a car in order to fix credit

I also suggest going to the creditboards.com credit forum and reading the stickied threads about how to clean up your report. It's good to start rebuilding, but even better if you can get black marks off your report. Some creditors might be willing to withdraw the reporting of late payments. But ple...
by prudent
Mon Apr 25, 2016 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for new trustee, distributions
Replies: 57
Views: 2748

Re: Advice for new trustee, distributions

Average nursing home costs for a private room are currently about $100K/year. Fancier ones more, more basic ones less. I was told that it's preferable to go into a home while you are still private pay - if you exhaust your resources and Medicaid takes over payment, they can't boot you out if they ta...
by prudent
Mon Apr 25, 2016 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Advice for new trustee, distributions
Replies: 57
Views: 2748

Re: Advice for new trustee, distributions

It's common for trusts to have a "spendthrift" clause which would prevent creditors from pursuing claims on the trust assets, as well as preventing the beneficiary from pledging trust assets as collateral. If present that should hold creditors at bay. I believe that there are a couple situ...
by prudent
Mon Apr 25, 2016 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Advice for new trustee, distributions
Replies: 57
Views: 2748

Re: Advice for new trustee, distributions

What does the trust document state regarding distributions? Is it the common statement that the trustee has discretion to make distributions for the beneficiary's "health, education, maintenance and support" (aka the HEMS standard), or is it something different?
by prudent
Mon Apr 25, 2016 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Does lender have incentive for PMI?
Replies: 8
Views: 767

Re: Does lender have incentive for PMI?

The appraiser doesn't know how much you intend to finance. In my mind the only way the lender could influence a need for PMI is to monkey with the appraiser's number.
by prudent
Mon Apr 25, 2016 8:28 am
Forum: Personal Consumer Issues
Topic: Car Buying Advice
Replies: 31
Views: 2519

Re: Car Buying Advice

How long would you be willing to wait until your credit score rises enough? Depending on why your score is currently low, it could take many months.
by prudent
Mon Apr 25, 2016 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Question for the Bogleheads Millionaires
Replies: 358
Views: 49978

Re: Question for the Bogleheads Millionaires

Some off-topic snarky posts were removed. Please keep replies on topic so the thread can remain open.
by prudent
Mon Apr 25, 2016 7:18 am
Forum: Investing - Theory, News & General
Topic: Advisors recommendation
Replies: 4
Views: 494

Re: Advisors recommendation

Why are some funds listed multiple times?
by prudent
Sat Apr 23, 2016 1:28 pm
Forum: Forum Issues and Administration
Topic: Trying to contact UALdriver
Replies: 1
Views: 329

Re: Trying to contact UALdriver

You are able to send PMs now.
by prudent
Fri Apr 22, 2016 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: withdrawing money from 401k plan at 55
Replies: 3
Views: 555

Re: withdrawing money from 401k plan at 55

ObliviousInvestor has a nice writeup on that topic here.
by prudent
Thu Apr 21, 2016 6:23 pm
Forum: Personal Consumer Issues
Topic: How shop for a website?
Replies: 14
Views: 897

Re: How shop for a website?

One method would be to look at websites similar to what you want, and when the company didn't build the site themselves there often will be a tiny credit at the bottom of the home page saying what company built the site.
by prudent
Wed Apr 20, 2016 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: management of accounts of less than $250,000 [advisor will no longer handle account]
Replies: 13
Views: 2161

Re: management of accounts of less than $250,000 [advisor will no longer handle account]

Welcome to bogleheads!

I'm surprised the advisor didn't offer to explain the reason for cutting you loose.
by prudent
Wed Apr 20, 2016 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone done a Mature Driver Course for Insurance discount
Replies: 11
Views: 678

Re: Anyone done a Mature Driver Course for Insurance discount

I've done it and I took the option to do it online rather than in a classroom for a full day. You could save your progress and work through it on and off at your leisure as long as it was completed in three (IIRC) months. What was maddening is that each time a new webpage was loaded it contained a t...
by prudent
Wed Apr 20, 2016 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Flexible Premium Adjustable Life Insurance [premium skyrocketed]
Replies: 6
Views: 557

Re: Flexible Premium Adjustable Life Insurance [premium skyrocketed]

Welcome to bogleheads!

Did their agent offer any explanation? It would be a legitimate question for them to ask.
by prudent
Wed Apr 20, 2016 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Planning an annual withdrawal amount for retirement
Replies: 8
Views: 1491

Re: Planning an annual withdrawal amount for retirement

For getting a rough estimate of what withdrawal amounts might be in the future, that's OK. But it probably is best to be flexible year-to-year what is actually withdrawn. Personally I like the VPW (https://www.bogleheads.org/wiki/Variable_percentage_withdrawal) concept that adjusts each year based o...
by prudent
Tue Apr 19, 2016 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: The Secret Shame of Middle-Class Americans
Replies: 1
Views: 1413

Re: The Secret Shame of Middle-Class Americans

Thread is locked - non-actionable. Non-actionable (Trolling) Topics If readers can't do anything with the content of a topic other than argue about it, it does not belong here. Examples include: •US or world economic, political, tax, health care and climate policies •conspiracy theories of any type ...
by prudent
Tue Apr 19, 2016 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Self Directed IRA [using LLC to own real estate]
Replies: 2
Views: 186

Re: Self Directed IRA [using LLC to own real estate]

Have you researched the pitfalls of this type of situation? The companies who offer these things never seem to mention them.

Here's one law firm's take: http://www.ritaus.org/assets/documents/ ... 09_000.pdf
by prudent
Tue Apr 19, 2016 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Voya Fixed Account 4%
Replies: 11
Views: 1900

Re: Voya Fixed Account 4%

Besides asking questions, can you obtain the actual prospectus (or equivalent document) which has full details? I suspect there are limitations on withdrawals, which is not uncommon with these stable income type funds. Some have withdrawal fees (less common to my knowledge). I'm confused that on one...
by prudent
Tue Apr 19, 2016 9:27 am
Forum: Investing - Theory, News & General
Topic: Question about U.S. debt and U.S. land
Replies: 3
Views: 446

Re: Question about U.S. debt and U.S. land

Thread is locked as non-actionable. Forum policy 4b: Non-actionable (Trolling) Topics If readers can't do anything with the content of a topic other than argue about it, it does not belong here. Examples include: ◾US or world economic, political, tax, health care and climate policies ◾conspiracy th...
by prudent
Mon Apr 18, 2016 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: How To Find My (retirement) Number?
Replies: 64
Views: 4649

Re: How To Find My (retirement) Number?

The challenge to trying to find a number when you are decades away is that there are a lot of moving parts - what your spending in retirement will be, what inflation and your investment gains will be between now and the estimated end of your retirement, what your tax situation will be... and others....
by prudent
Sun Apr 17, 2016 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: best way to go to cash/safer than stocks in Vanguard?
Replies: 16
Views: 1850

Re: best way to go to cash/safer than stocks in Vanguard?

OP, don't you need to consider the tax implications of selling all your stock holdings?
by prudent
Sun Apr 17, 2016 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Could interest rates stay low even with high inflation?
Replies: 2
Views: 528

Re: Could interest rates stay low even with high inflation?

Topic is non-actionable and is locked. Non-actionable (Trolling) Topics If readers can't do anything with the content of a topic other than argue about it, it does not belong here. Examples include: ◾ US or world economic, political, tax, health care and climate policies ◾conspiracy theories of any...
by prudent
Sat Apr 16, 2016 4:45 pm
Forum: Personal Consumer Issues
Topic: Coin Collecting (will coins increase or decrease in value?)
Replies: 36
Views: 3072

Re: Coin Collecting (will coins increase or decrease in value?)

I would borrow from the library the Standard Catalog of World Coins (get the right volume for the dates you have). You can find out which ones have precious metal content and get a very rough idea if any have value (for example, if the catalog shows a value of $20 and the coin is not silver, it's pr...
by prudent
Sat Apr 16, 2016 3:01 pm
Forum: Personal Consumer Issues
Topic: Soapbox (car safety features)
Replies: 204
Views: 9678

Re: Soapbox (car safety features)

Whether or not I want these features, I am hopeful they become more popular. These are technologies that will make bad drivers less hazardous to the rest of the world, and that sounds good to me. Same for self-driving cars - better for someone who no longer has the ability to drive safely to use a s...
by prudent
Sat Apr 16, 2016 10:40 am
Forum: Personal Consumer Issues
Topic: [Need umbrella insurance but current condo carrier does not offer it]
Replies: 8
Views: 724

Re: [Need umbrella insurance but current condo carrier does not offer it]

Are you determined to stay with your current insurer for the condo insurance?
by prudent
Sat Apr 16, 2016 9:56 am
Forum: Investing - Theory, News & General
Topic: If wall street is rigged and corrupt , why invest in it?
Replies: 64
Views: 4533

Re: If wall street is rigged and corrupt , why invest in it?

Thread has run its course and is locked.
by prudent
Sat Apr 16, 2016 9:19 am
Forum: Investing - Theory, News & General
Topic: The "New" Rich
Replies: 9
Views: 2055

Re: The "New" Rich

After review, this is a duplicate thread of viewtopic.php?f=10&t=189298. Thread remains locked.
by prudent
Sat Apr 16, 2016 7:00 am
Forum: Investing - Help with Personal Investments
Topic: Now i get it - mortgage payoff
Replies: 35
Views: 5137

Re: Now i get it - mortgage payoff

I think another aspect often overlooked is that many people do not get a dollar for dollar deduction of mortgage interest once the standard deduction is factored in.
by prudent
Sat Apr 16, 2016 6:16 am
Forum: Personal Finance (Not Investing)
Topic: Valuing a collection of books for tax purposes
Replies: 17
Views: 1052

Re: Valuing a collection of books for tax purposes

Is it possible to hire an rare book appraiser where the books are located, and provide your valuation research to the appraiser for reference? That way the appraiser can physically examine the books (that would seem mandatory) and your background information is probably the same kind of research the...
by prudent
Sat Apr 16, 2016 6:09 am
Forum: Personal Finance (Not Investing)
Topic: When was the most stressful financial time in your life?
Replies: 94
Views: 10280

Re: When was the most stressful financial time in your life?

Some off-topic posts have been removed. Please keep replies on-topic for the thread to remain open.
by prudent
Fri Apr 15, 2016 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Setting Up Fidelity AmEx on Quicken
Replies: 7
Views: 429

Re: Setting Up Fidelity AmEx on Quicken

IIRC if you connect using "FIA Card Services" it doesn't download transactions newer than the last statement. Using "Bankcard Services" gets all transactions.
by prudent
Fri Apr 15, 2016 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: To IRA or not to IRA - Running out of time!
Replies: 2
Views: 199

Re: To IRA or not to IRA - Running out of time!

Nobody knows what the market will do. If you don't want to be pressured into making a choice right now, put the money in the IRA and direct it into a money market fund. You get your tax deduction and can take your time about how to invest it.
by prudent
Thu Apr 14, 2016 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card cancelled
Replies: 71
Views: 4553

Re: Credit card cancelled

Well, an 820 score on a traditional FICO scale that tops out at 850 is a very, very good score. If it is on the FICO NextGeneration scale that has a 950 maximum, not quite as spectacular, but no matter. Either way it makes no sense to me that your bank would have told you your score was too low for ...
by prudent
Thu Apr 14, 2016 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card cancelled
Replies: 71
Views: 4553

Re: Credit card cancelled

Where did you obtain your score?

Go to advanced search