Search found 967 matches

by radiowave
Sat Apr 29, 2017 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Which High-Yield Online Savings Account Should I Open?
Replies: 34
Views: 2224

Re: Which High-Yield Online Savings Account Should I Open?

One nice feature of Ally is it's online CD management. You fund your CD, then say if you want to hold the interest or pay out and what happens at maturity, e.g. rolls over to savings. This way you don't have to worry about it being automatically rolled over to another CD and play EWP because you for...
by radiowave
Sat Apr 29, 2017 3:46 pm
Forum: Personal Consumer Issues
Topic: Pressure relief valve on hot water heater issue
Replies: 17
Views: 634

Re: Pressure relief valve on hot water heater issue

Had a similar problem with a Weil-McClain hot water boiler. Turned down the temperature to 125 degrees and that seemed to have fixed the problem.
by radiowave
Sat Apr 29, 2017 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to consolidate at Fidelity -- any gotchas about transfers?
Replies: 19
Views: 1189

Re: Ready to consolidate at Fidelity -- any gotchas about transfers?

You definitely want to investigate any bonuses. https://rewards.fidelity.com/offers/depositbonus Also request free trades if you have stocks to divest. As I recall, Fidelity also allows selling mutual funds without fees. +1, I had several different funds I moved in kind to Fidelity and did not incu...
by radiowave
Sat Apr 29, 2017 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401k - go with Vanguard or someone else
Replies: 32
Views: 2893

Re: Solo 401k - go with Vanguard or someone else

+1 on all . . . that was my main reason for choosing Fidelity.
by radiowave
Fri Apr 28, 2017 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Investing for Elderly Parents
Replies: 14
Views: 857

Re: Help with Investing for Elderly Parents

Why not put the money in a high yield savings account (approx. 1.0%) and a CD ladder 1.30-2.0+%? jointly up to 500k FDIC insured. If more than that, you could use multiple banks.
by radiowave
Fri Apr 28, 2017 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Ready to consolidate at Fidelity -- any gotchas about transfers?
Replies: 19
Views: 1189

Re: Ready to consolidate at Fidelity -- any gotchas about transfers?

I had a similar issue a few years ago . . . I remember it was 8 different accounts. Fidelity worked flawlessly and they were very helpful in all the transfer paperwork, even got on the phone with a 3 way call multiple times to work out the custodian to custodian transfer. I did one account at a time...
by radiowave
Fri Apr 28, 2017 9:40 am
Forum: Personal Finance (Not Investing)
Topic: What to ask when refinancing mortgage
Replies: 2
Views: 175

Re: What to ask when refinancing mortgage

1 on recasting. Seems like your main interest is reducing monthly payment and cash flow. Putting in a small or moderate size chuck of money could reduce your mortgage monthly payment but still give you the option of paying at current rate to finish early. if your mortgage rate is the primary issue, ...
by radiowave
Fri Apr 28, 2017 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Hit $1.5 million, another $1 million to go
Replies: 20
Views: 3842

Re: Hit $1.5 million, another $1 million to go

Have you thought about what happens when you actually retire and what you can do now to make that as smooth a transition as possible? E.g. move to a retirement home that can last you 20-30 years (age in place)?
by radiowave
Fri Apr 28, 2017 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Another moving out of Edward Jones story, advice needed
Replies: 6
Views: 713

Re: Another moving out of Edward Jones story, advice needed

and yes, I'm a recovering Edward Jones client as well :)
by radiowave
Fri Apr 28, 2017 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Another moving out of Edward Jones story, advice needed
Replies: 6
Views: 713

Re: Another moving out of Edward Jones story, advice needed

Welcome to the forum. Since you are in your early 30's, makes sense to bite the bullet on capital gains now as the complexity issues becomes even worse as you move forward. You can liquidate all funds at EJ then move as cash to VG or Fidelity. Recommend consolidate into a single join taxable account...
by radiowave
Thu Apr 27, 2017 2:29 pm
Forum: Personal Consumer Issues
Topic: Colorado trip - w visit to Red Rocks
Replies: 19
Views: 1040

Re: Colorado trip - w visit to Red Rocks

Thanks all for the tips so far! Lots of great ideas here, and we'll get to researching. Maybe a dumb question, but is RMNP someplace to avoid in mid July? Too crowded with families? It will be pretty crowded but if you get up there early not too bad. You can take the shuttle bus from the main offic...
by radiowave
Thu Apr 27, 2017 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Investing cash short term set aside for roth contributions while in grad school
Replies: 15
Views: 641

Re: Investing cash short term set aside for roth contributions while in grad school

If your eventual goal is to invest that money in some asset (call it X) in your Roth IRA, I see no reason not to put it into X right now (in a taxable account). Move X over to the IRA (well, sell and re-buy) as soon as eligible. If X is where you want it, put it in X. Don't leave it in some asset l...
by radiowave
Thu Apr 27, 2017 10:18 am
Forum: Personal Finance (Not Investing)
Topic: When does it make sense to start paying down (or off) a low rate mortgage?
Replies: 53
Views: 5107

Re: When does it make sense to start paying down (or off) a low rate mortgage?

There are some pragmatic issues for those just a few years to retirement. First, paying extra each month brings down the final payoff to possibly allow cash reserves rather than sell stock funds and possible capital gains implications. A second issue is if you pay off your mortgage prior to retiring...
by radiowave
Thu Apr 27, 2017 10:05 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1765
Views: 969811

Re: The Three-Fund Portfolio

Taylor, my thoughts and prayers are with you and your family.
by radiowave
Wed Apr 26, 2017 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Whats the rule of thumb with allocating?
Replies: 9
Views: 483

Re: Whats the rule of thumb with allocating?

Depends on how much risk you want to take but your plan sounds reasonable. As far as classic 3 fund portfolio vs. Target Index funds, there's a difference of about 10 basis points (0.10%). If you really want to fire and forget, TD funds, especially VG are excellent. In the short run the 10 basis poi...
by radiowave
Wed Apr 26, 2017 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Need some help with Retirement/Investing Planning
Replies: 3
Views: 256

Re: Need some help with Retirement/Investing Planning

Hi, welcome to the forum. First, I recommend you spend some time with the Wiki: https://www.bogleheads.org/wiki/Main_Page and also the book mentioned above. Second, you'll need to come up with an overall plan (investment policy statement - see the link off the main Wiki page) before you can make any...
by radiowave
Wed Apr 26, 2017 9:52 am
Forum: Investing - Help with Personal Investments
Topic: ETF verses Mutual Funds.
Replies: 37
Views: 1773

Re: ETF verses Mutual Funds.

One footnote, at least at Vanguard, is you can convert a mutual fund, e.g. Total Stock VTSAX, to the equivalent ETF, VTI. But this is a one-way door as you cannot go from ETF to MF.
by radiowave
Wed Apr 26, 2017 7:04 am
Forum: Investing - Theory, News & General
Topic: Schwab Vs. Vanguard?
Replies: 21
Views: 2555

Re: Schwab Vs. Vanguard?

The Vanguard Institutional Total Stock Market (VITNX) has an expense ratio of 0.04% https://personal.vanguard.com/us/funds/snapshot?FundId=0870&FundIntExt=INT
by radiowave
Tue Apr 25, 2017 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: $1m capital gains, worth it to simplify and index?
Replies: 46
Views: 3707

Re: $1m capital gains, worth it to simplify and index?

Is there any chance you will be in the 15% tax bracket in the future? If so, 0% long term capital gains tax up to the top of the 15% bracket (at least for now).
by radiowave
Tue Apr 25, 2017 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity taxable account - which is better ITOT ETF vs FSTVX index fund
Replies: 24
Views: 1368

Re: Fidelity taxable account - which is better ITOT ETF vs FSTVX index fund

One advantage of having ETFs is that you can move them from/to different brokerage houses, e.g. Vanguard to Merrill Edge. Sometimes you'll get an incentive reward for moving assets, still need to address the commission if using say VTI in a non Vanguard account.
by radiowave
Tue Apr 25, 2017 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank - Savings Account Rate Increased!
Replies: 70
Views: 7928

Re: Ally Bank - Savings Account Rate Increased!

linuxology wrote:it's a sad day, when one gets excited about 1%. you are losing money with inflation.


At least it's better than my brick and mortar savings account rate of 0.01%.
by radiowave
Tue Apr 25, 2017 7:31 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity taxable account - which is better ITOT ETF vs FSTVX index fund
Replies: 24
Views: 1368

Re: Fidelity taxable account - which is better ITOT ETF vs FSTVX index fund

I tried ITOT for a few months when I was "experimenting" with ETFs . . . plenty of threads on the forum re ETF vs. mutual funds. While ETFs have some interesting advantages, I find them much more work than mutual funds.
by radiowave
Tue Apr 25, 2017 7:24 am
Forum: Investing - Help with Personal Investments
Topic: understanding TIAA-CREF
Replies: 22
Views: 1353

Re: understanding TIAA-CREF

One other option that may be available is in-service withdrawals. Essentially this allows roll overs after a certain age, e.g. 59.5 while still working. If this is a trustee to trustee transfer, e.g. Vanguard total bond fund in TIAA transferred to a Vanguard Rollover IRA. As stated above, any money ...
by radiowave
Mon Apr 24, 2017 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Checking Account - Fidelity CMA vs. Schwab?
Replies: 30
Views: 1613

Re: Joint Checking Account - Fidelity CMA vs. Schwab?

I think you mean the Fidelity 2% credit card, and yes I believe that is correct. I did not get any additional fees on my Fidelity debit card, at least in Italy and Switzerland last summer for withdrawing cash from bank ATM machines. Nope, I mean the debit card. I don't have the credit card. I agree...
by radiowave
Mon Apr 24, 2017 9:00 pm
Forum: Investing - Theory, News & General
Topic: Is AA steady state, or unsteady state?
Replies: 14
Views: 996

Re: Is AA steady state, or unsteady state?

And how much risk do you want to take? E.g. if equities take a 50% decline you would loose half of your value on the equity side of your portfolio. But if you have 30-40 years to recover, then the risk is worthwhile against future gains. If you were in your early 60's and thinking of retiring in say...
by radiowave
Mon Apr 24, 2017 7:09 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice needed please
Replies: 4
Views: 441

Re: Portfolio advice needed please

Her Roth IRA at Fidelity: (~$11,500)
100% in Fidelity Freedom 2050 (FFFHX)(0.77%)


Fidelity has an index class target retirement fund at 0.16% expense ratio you may to consider: https://fundresearch.fidelity.com/mutual-funds/summary/315793869 and save over 60 basis points.
by radiowave
Mon Apr 24, 2017 7:04 am
Forum: Investing - Help with Personal Investments
Topic: Investing Priorities (& 401k rollover)
Replies: 4
Views: 346

Re: Investing Priorities (& 401k rollover)

Good point. You never know when that protection can come into play. And rolling my old 401k plan into my current plan gives me the option of taking out a larger loan if an emergency arises (can't do that with an IRA). So if my current plan offers many low-cost funds (I work for a large bank), then ...
by radiowave
Mon Apr 24, 2017 6:56 am
Forum: Personal Finance (Not Investing)
Topic: Joint Checking Account - Fidelity CMA vs. Schwab?
Replies: 30
Views: 1613

Re: Joint Checking Account - Fidelity CMA vs. Schwab?

Also happy with Fidelity CMA account. As above, you can have separate log in/pw for spouse. Fidelity reimburses all ATM fees and no foreign transaction fees on ATM withdrawals. We used it on a trip to Italy/Switzerland last year and worked perfectly. Hmm. I've always paid 1% when using mine outside...
by radiowave
Sun Apr 23, 2017 9:38 pm
Forum: Personal Consumer Issues
Topic: Time savers - life on automation
Replies: 39
Views: 4314

Re: Time savers - life on automation

A quick note about some home automation features you can build in. - lighting: dimmers in family room (2 lamps), kitchen, hallway, bedroom and garage. I have them set up so I can push one button and have any lights in the house come on/dim, etc. - automated garage lights, like the fellow above, I ha...
by radiowave
Sun Apr 23, 2017 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Priorities (& 401k rollover)
Replies: 4
Views: 346

Re: Investing Priorities (& 401k rollover)

2) I'm definitely going to rollover my ($145k) 401k into an IRA. While I plan to roll over a big chunk into a regular IRA, should I roll over a portion into a Roth IRA at the same time to diversify? Or should I roll everything over into an IRA first then convert little by little into a Roth IRA eve...
by radiowave
Sun Apr 23, 2017 8:18 pm
Forum: Personal Consumer Issues
Topic: interesting things to see/do in Victoria and Vancouver, Canada
Replies: 19
Views: 1130

Re: interesting things to see/do in Victoria and Vancouver, Canada

If you like gardens, the Buchart Garden in Victoria is one of the very best we've seen in our travels: http://www.butchartgardens.com/ . It's a little bit out of town but there is easy bus service. The museum in town is quite good. And just hanging around the harbor is fun. Grab lunch at one of the ...
by radiowave
Sun Apr 23, 2017 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Checking Account - Fidelity CMA vs. Schwab?
Replies: 30
Views: 1613

Re: Joint Checking Account - Fidelity CMA vs. Schwab?

Thanks for your reply! How has your overall experience with the Fidelity CMA been? Any issues with fraud (one thing I've read is that there is no ATM card, only debit linked to all funds in account)? Bill pay, checks? Also happy with Fidelity CMA account. As above, you can have separate log in/pw f...
by radiowave
Sat Apr 22, 2017 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank - Savings Account Rate Increased!
Replies: 70
Views: 7928

Re: Ally Bank - Savings Account Rate Increased!

Let's see, with 10K in the bank, that means I'll be able to buy a Starbucks with my new interest . . . :happy
by radiowave
Sat Apr 22, 2017 7:24 am
Forum: Personal Consumer Issues
Topic: Best surface for garage, epoxy, polished concrete, something else?
Replies: 24
Views: 2572

Re: Best surface for garage, epoxy, polished concrete, something else?

I've seen matting for garage floors, can't remember if it was Home Depot or Lowes. It's like a puzzle, you put the pieces together for the floor space you want. I remember it was expensive so I wound up not doing that project. One other tip for the garage, when we moved into our current home a few y...
by radiowave
Sat Apr 22, 2017 7:15 am
Forum: Investing - Theory, News & General
Topic: Single most important investing advice?
Replies: 83
Views: 7018

Re: Single most important investing advice?

Get and stay organized with your finances and investments. It is hard to carry out a well designed investment plan if you don't know fundamental information like what is your asset allocation, expense ratios of funds and total costs per year, etc. Create a spreadsheet with the pertinent data, revise...
by radiowave
Fri Apr 21, 2017 7:14 am
Forum: Investing - Help with Personal Investments
Topic: Help on retirement funding
Replies: 2
Views: 564

Re: Help on retirement funding

One thing to consider is how you will manage this portfolio as you get older. Consider simplification of what you have, a total stock and total international fund in taxable, total bond in tax deferred (the classic 3 fund portfolio). CDs or a CD ladder might also be a consideration, especially if yo...
by radiowave
Thu Apr 20, 2017 10:32 pm
Forum: Personal Consumer Issues
Topic: What To Do With My Car While in NYC
Replies: 32
Views: 2775

Re: What To Do With My Car While in NYC

+1 on selling the car. You don't want it if you are living in Manhattan (see prior episodes of Seinfeld on opposite side of the street parking ). Why keep the car payments and insurance if you're not using it.
by radiowave
Thu Apr 20, 2017 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency fund
Replies: 13
Views: 1679

Re: Emergency fund

I count CDs as part of my bond portion of my portfolio. Cash = checking, high yield savings I count as cash not bonds/equity. It works for me. I don't have a separate "emergency fund" but just work with my cash accounts as needed, e.g. 1-2 months in checking, 3-12 mo in online high yield s...
by radiowave
Wed Apr 19, 2017 7:37 am
Forum: Investing - Help with Personal Investments
Topic: Total Portfolio Cleanup
Replies: 8
Views: 1036

Re: Fixed Income Portfolio Cleanup

Welcome to the forum. First, you will probably get a better response if you post your entire portfolio. Showing just the bond portion, doesn't really help. As a rule of thumb, bonds should be in your tax-advantage portion of your portfolio as they are not tax efficient (you get taxed at your margina...
by radiowave
Wed Apr 19, 2017 7:28 am
Forum: Investing - Help with Personal Investments
Topic: Advice on my current portfolio, and moving to VanGuard
Replies: 8
Views: 646

Re: Advice on my current portfolio, and moving to VanGuard

I agree, you're paying way too much for Edward Jones and recommend you pull your TIRA/RIRA over to Vanguard or Fidelity. As for your work tax-deferred funds, there have been several pending lawsuits on high fee retirement plans. You may want to coax your employer to offer low cost funds. There's an ...
by radiowave
Tue Apr 18, 2017 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: CDs best option to park cash locally?
Replies: 4
Views: 529

Re: CDs best option to park cash locally?

If you only can deal with local banks, don't expect very high yields. Recommend you shop around for the best rate. As a comparison, Ally Bank (online) has a 1.0% savings and a 1.30% 12 month CD. You won't get that at your local bank.
by radiowave
Tue Apr 18, 2017 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Which book is best to start with ?
Replies: 12
Views: 957

Re: Which book is best to start with ?

I've read Bogleheads Guide to Investing cover to cover and it's one of the very best out there. Didn't read the second book (yet).
by radiowave
Mon Apr 17, 2017 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving Edward Jones...where to start?
Replies: 4
Views: 613

Re: Leaving Edward Jones...where to start?

https://www.nytimes.com/2017/04/14/business/mutfund/vanguard-mutual-index-funds-growth.html http://www.obliviousinvestor.com/vanguard/ http://kronstantinople.blogspot.com/p/edward-jones-saga.html Have Vanguard transfer everything to them. Don't even contact EJ. They will beg/threaten you to stay. T...
by radiowave
Mon Apr 17, 2017 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Carrying a mortgage into retirement
Replies: 39
Views: 4554

Re: Carrying a mortgage into retirement

Thoughts? Also, I think a separate thread about the "ideal" retirement home may be worthwhile. Off point, but think of The Villages, Florida. Small, one floor, lots of services and activities available. gasdoc My parents lived in Highland Lakes (Pinellas Co.) and did very well down there ...
by radiowave
Mon Apr 17, 2017 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: How to migrate to better retirement plan?
Replies: 8
Views: 983

Re: How to migrate to better retirement plan?

3spots Welcome to the forum. If you are inside the 15% tax bracket, you may have some room to convert your accumulated stock funds with 0% long term capital gains tax. As for healthcare until 65, you may have to go to the private market for a couple years, anticipate 12-15K or more depending on your...
by radiowave
Mon Apr 17, 2017 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: [Advice needed for mother's inheritance/finances.]
Replies: 129
Views: 12862

Re: Too much inheritance to handle. Advice needed

Third, I would strongly recommend you not go forward with the planned investments until you have a better idea of the implications. You can park cash into a high yield savings account or CD for now until you have a plan to move forward.
by radiowave
Mon Apr 17, 2017 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Savings Account: Experience with Discover, AmEx, Barclays, Synchrony?
Replies: 21
Views: 1282

Re: Savings Account: Experience with Discover, AmEx, Barclays, Synchrony?

Do any of these banks offer free transfers directly to another bank account instead of sending a check? Yes, you can set up ACH transfers between all of them. Takes 2-3 business days typically. But it's free. All of them have mobile check deposit on your smartphone so you could do that as well. Als...
by radiowave
Mon Apr 17, 2017 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Carrying a mortgage into retirement
Replies: 39
Views: 4554

Re: Carrying a mortgage into retirement

Selling current home when we retire with anticipated 200K equity. Will likely buy property for retirement building in the next year with cash and build the home during the last year before retirement. The 500K actually includes the property which is about 90K, so I might only have to mortgage about...
by radiowave
Mon Apr 17, 2017 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: Savings Account: Experience with Discover, AmEx, Barclays, Synchrony?
Replies: 21
Views: 1282

Re: Savings Account: Experience with Discover, AmEx, Barclays, Synchrony?

Nothing wrong with Ally. There CD management is quite good, you can set up how CD funds are disbursed when the CD matures ahead of time. There is an annoying circle with account balances when you long in however.
by radiowave
Sat Apr 15, 2017 5:12 pm
Forum: Personal Consumer Issues
Topic: Best take it everywhere camera
Replies: 99
Views: 8196

Re: Best take it everywhere camera

I've had the Cannon PowerShot ELPH 350 HS for several years now. Takes excellent pictures, has held up under a lot of abuse, it's all black and fits nicely in my pocket. I like the extra wide angle (35mm equivalent 24mm) and long battery life. I have a small clip I attach to my belt from the wrist s...

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