Search found 665 matches

by student
Thu May 25, 2017 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to pay off student loans
Replies: 25
Views: 2331

Re: Trying to pay off student loans

The question to me is whether $25,000 college debt is reasonable. I agree with what you've posted. But what about those who want to then go do graduate level work? Grad school is even more expensive and time consuming. The inevitable result is much larger debt than $25,000. So should they forego gr...
by student
Thu May 25, 2017 11:55 am
Forum: Investing - Help with Personal Investments
Topic: 4 Years to Retirement. Want to get out of Fidelity PAS. Need Advice
Replies: 36
Views: 1585

Re: 4 Years to Retirement. Want to get out of Fidelity PAS. Need Advice

I am no expert but your plan sounds good. I am sure experts on the forum will give you better advice. How much is the capital gain for the funds in your PAS? If you wait until you have retired, you may have low enough income that the capital gain is tax-free. On the other hand, you will continue to...
by student
Thu May 25, 2017 6:49 am
Forum: Investing - Help with Personal Investments
Topic: 4 Years to Retirement. Want to get out of Fidelity PAS. Need Advice
Replies: 36
Views: 1585

Re: 4 Years to Retirement. Want to get out of Fidelity PAS. Need Advice

I am no expert but your plan sounds good. I am sure experts on the forum will give you better advice. How much is the capital gain for the funds in your PAS? If you wait until you have retired, you may have low enough income that the capital gain is tax-free. On the other hand, you will continue to ...
by student
Wed May 24, 2017 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 79
Views: 8401

Re: i am my own "guy," but not sure I should advertise that

I seldom talk to other about investments.
by student
Wed May 24, 2017 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Does it work to avoid the $49.95 transaction fee?
Replies: 2
Views: 658

Re: Does it work to avoid the $49.95 transaction fee?

Does AMG charge an account closing fee?
by student
Wed May 24, 2017 8:38 pm
Forum: Personal Consumer Issues
Topic: Suits: best bang for your buck?
Replies: 32
Views: 3036

Re: Suits: best bang for your buck?

Strongly suggest Indochino. It's an online retailer that provides custom made suits based on the measurements you submit. Measuring yourself is really easy and they have very clear instructions/videos to follow throughout the process. Only downside is you'll need a significant other / close friend ...
by student
Wed May 24, 2017 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity drops cash bonuses for deposits/transfers
Replies: 4
Views: 1023

Re: Fidelity drops cash bonuses for deposits/transfers

This is interesting. On the one hand, there was a price war and they need to cut spending somewhere. On the other hand, if they are competing on price, why stop competing on bonuses for deposits/transfers? After TD Ameritrade completes its purchase of Scottrade, there will only be five large discoun...
by student
Wed May 24, 2017 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Trying to pay off student loans
Replies: 25
Views: 2331

Re: Trying to pay off student loans

The question to me is whether $25,000 college debt is reasonable. I agree with what you've posted. But what about those who want to then go do graduate level work? Grad school is even more expensive and time consuming. The inevitable result is much larger debt than $25,000. So should they forego gr...
by student
Wed May 24, 2017 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Trying to pay off student loans
Replies: 25
Views: 2331

Re: Trying to pay off student loans

Possibly this will get deleted: When I was a young person, it didn't happen that people graduated from college with monstrous debt that it would take them the rest of their working life to pay off. Some people worked their way through college, some got scholarships, some borrowed money, some a comb...
by student
Tue May 23, 2017 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner Seeking Advice (19 y/o, Roth + Taxable, How to plan for Grad School?)
Replies: 2
Views: 211

Re: Beginner Seeking Advice (19 y/o, Roth + Taxable, How to plan for Grad School?)

Since you mentioned grad school, I would like to say that reputable places will waive tuition and they will pay you a stipend to be a graduate teaching assistant in many engineering and science subjects. For humanities, the support is not as good. For programs such as MBA, few assistantships are ava...
by student
Mon May 22, 2017 9:45 pm
Forum: Investing - Theory, News & General
Topic: "How Fund Companies Stack Up in Our Analyst Ratings"
Replies: 4
Views: 555

Re: "How Fund Companies Stack Up in Our Analyst Ratings"

This is what I found interesting. Most have outflows. The companies with inflows are Vanguard, Dimensional, MFS, Invesco, Lord Abbett, TIAA-CREF, Legg Mason and Metropolitan West. If you add up all the outflows from the companies in the table, it is still much less than what Vanguard took in.
by student
Mon May 22, 2017 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: First house - penny wise?
Replies: 11
Views: 2212

Re: First house - penny wise?

When I bought my (low end) condo in 2001, the price was 3x my base salary. With summer teaching, it was 2.7x my total earnings. It is now worth 20% less than what I paid for it. I took on opportunities to earn extra money in the summers after I bought the place. I paid it off a few years ago. I did ...
by student
Sun May 21, 2017 4:10 pm
Forum: Personal Consumer Issues
Topic: Risks of electronic access
Replies: 50
Views: 3455

Re: Risks of electronic access

If this concerns you and you have substantial assets, you can buy a chromebook ($300) or a macbook ($1000) and use it exclusively for accessing your accounts. Save all the websites as your bookmarks and only access them via bookmarks. (So you don't mistype and go to a different site.) I suggested ch...
by student
Sun May 21, 2017 7:45 am
Forum: Investing - Help with Personal Investments
Topic: Where to open taxable account?
Replies: 9
Views: 1041

Re: Where to open taxable account?

Since you prefer not to have ETF, then I don't see the advantage of Merrill Edge. You may want to consider Fidelity as they have many index funds that are as cheap as Vanguard and better service in my experience. (I invest in both.) If you invest a large sum of money, Fidelity offers bonus and Vangu...
by student
Sat May 20, 2017 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring at 50. Making sure my investments are in order.
Replies: 15
Views: 3300

Re: Retiring at 50. Making sure my investments are in order.

I may not have been clear on that. I will receive the the monthly payment of $4124.67 monthly AND the lump sum of $324,183.70 It's not an either/or situation... I get both of them.. Yes, (as for now) our retirement is very well funded... At my rank, getting a COLA is possible, but would take severa...
by student
Sat May 20, 2017 9:38 pm
Forum: Personal Consumer Issues
Topic: Removing a Large TV - projector?
Replies: 7
Views: 586

Re: Removing a Large TV - projector?

It's a 50" Plasma - about 10 years old. So it doesn't take up a lot of depth, but does take a lot of room space for how much it's used. I'd rather stick with a 50" than say go down to 42", but wondering if something like a projector could be worthwhile Before you give it away, please...
by student
Sat May 20, 2017 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring at 50. Making sure my investments are in order.
Replies: 15
Views: 3300

Re: Retiring at 50. Making sure my investments are in order.

Pension beginning June 30, 2022 will be $4,124.67 monthly for life Lump Sum payment on June 30, 2022 of $324,183.70 from retirement This seems strange. Is the pension well funded? From you statement, I assume that there is no COLA. When I enter the data of a $350,000 investment today for a two-life...
by student
Sat May 20, 2017 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Job loss
Replies: 28
Views: 2224

Re: Job loss

I've already accepted that I will likely be terminated next week. I'm trying to prepare a few statements in advance depending on what they decide. One is contingent on my termination where I apologize (I'm not trying to change their mind) and let them know how I appreciated them putting their trust...
by student
Sat May 20, 2017 5:39 am
Forum: Investing - Help with Personal Investments
Topic: What if I have enough money?
Replies: 22
Views: 4201

Re: What if I have enough money?

FWIW, Fidelity's retirement calculator says I will have almost the entire amount left when I die! I assume that is because they are projecting the 7% market gains.... I typically assume I will only make 3-4%. Are you using the one with Monte Carlo simulation? For that, they give you three scenarios...
by student
Sat May 20, 2017 5:27 am
Forum: Investing - Help with Personal Investments
Topic: Should I switch my Vanguard funds to lower cost Schwab funds?
Replies: 38
Views: 2439

Re: Should I switch my Vanguard funds to lower cost Schwab funds?

... My account is with JP Morgan Chase. It's a "private client" account... What's the annual AUM fee% for being a "private client?" You're much more likely to increase your wealth over the long-term by eliminating this fee-drag. You have a choice of letting them manage it and pa...
by student
Sat May 20, 2017 5:26 am
Forum: Investing - Help with Personal Investments
Topic: Should I switch my Vanguard funds to lower cost Schwab funds?
Replies: 38
Views: 2439

Re: Should I switch my Vanguard funds to lower cost Schwab funds?

Vanguard maybe tracking the index better as they have been doing this for a long time. However, a dollar is a dollar. I would consider switching but only if there is no capital gain but it is hard for me to imagine that this will be the case for you. So the bottom line is I would not switch but will...
by student
Fri May 19, 2017 7:29 pm
Forum: Investing - Theory, News & General
Topic: Interesting conversation with an alleged SS actuary
Replies: 63
Views: 4662

Re: Interesting conversation with an alleged SS actuary

I would think this is how it is designed to work.
by student
Fri May 19, 2017 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: TIAA financial advisor?
Replies: 58
Views: 4531

Re: TIAA financial advisor?

I'm aware of the fact that I will not be leaving anything to my spouse. When he retired 30 years ago, he did the same thing...at that time, we discussed it and decided that it was best to take it all...especially since we knew that I had these accounts. My husband is 91 and he's been collecting TIA...
by student
Fri May 19, 2017 6:46 am
Forum: Investing - Help with Personal Investments
Topic: "Wash Sale" Questions
Replies: 14
Views: 566

Re: "Wash Sale" Questions

You may want to look at viewtopic.php?t=204903 (the last reply).
by student
Fri May 19, 2017 6:10 am
Forum: Personal Finance (Not Investing)
Topic: TIAA financial advisor?
Replies: 58
Views: 4531

Re: TIAA financial advisor?

One other thing: when I asked him for a ball park figure of how much I should leave within my account while taking my pension, his response was "roughly 40%". At present, I have over $700000 in my TIAA-CREF accounts. I am 65 and will retire, as stated, within 2 years. Why should I leave s...
by student
Thu May 18, 2017 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: TIAA financial advisor?
Replies: 58
Views: 4531

Re: TIAA financial advisor?

Now, based on my conversation with the WMA, he states that annuitizing the entire amount would not be to my advantage. First , my investments are pre-tax and that means that once I start receiving my pension, I will have to pay taxes. He suggests that I use more of my savings than the pension fund....
by student
Thu May 18, 2017 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab brokerage incentive $2,500 - - - thoughts?
Replies: 43
Views: 7260

Re: E-Trade now at 40bps bonus for $250k

In case of interest to others, I called E-Trade and mentioned I was evaluating new brokerage platforms for a $250k new account. They have offered me $1000 as a bonus, which is among the more compelling on a percentage basis that I have seen. Yes, that's a good one, and better than their advertised ...
by student
Thu May 18, 2017 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: SIPC vanguard
Replies: 2
Views: 290

Re: SIPC vanguard

This is a related thread.

viewtopic.php?t=19041
by student
Thu May 18, 2017 3:23 pm
Forum: Investing - Theory, News & General
Topic: Personal Capital's asset allocation - Is the tool worth the complication?
Replies: 8
Views: 790

Re: Personal Capital's asset allocation - Is the tool worth the complication?

I use Personal Capital to keep track of my investments and look at my asset allocation. I also compare it to one from Fidelity. I do not consider its advice though.
by student
Thu May 18, 2017 3:15 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 12271

Re: For those with $500k-$1m in investments...

Age is 51. I have over a million.

28% in taxable.
by student
Thu May 18, 2017 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Bogleheading with TD Ameritrade
Replies: 11
Views: 551

Re: Bogleheading with TD Ameritrade

As others have suggested, use ETFs. However, I would say calling a 0.16% expense ratio for a S&P 500 index fund pretty terrible is too harsh as even Vanguard investor shares have a net expense ratio of 0.14%.
by student
Mon May 15, 2017 6:16 am
Forum: Personal Consumer Issues
Topic: Tipping for restaurants where you order at the counter
Replies: 49
Views: 4426

Re: Tipping for restaurants where you order at the counter

For 1, definitely no. For 2, likely no. For 3, maybe yes.
by student
Sun May 14, 2017 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab vs Vanguard
Replies: 68
Views: 13912

Re: Schwab vs Vanguard

And another follow-up - if I already own a VG ETF through CS, and I want to buy more shares (or sell some), is that considered a "trade" and trigger a fee, or is it only if I buy a new ETF? Buying or selling ETF requires a commission. At Charles Schwab, it is $4.95. However, there are a n...
by student
Sun May 14, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab vs Vanguard
Replies: 68
Views: 13912

Re: Schwab vs Vanguard

Hi all - new to the forum and looks like this is the most recently relevant thread on this topic. A few questions based on what people have posted: - Are Vanguard ETFs portable? Meaning, you bought at Schwab but wanted to move to Vanguard, could you move your ETF over? Let's say, for example, that ...
by student
Sun May 14, 2017 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab vs Vanguard
Replies: 68
Views: 13912

Re: Schwab vs Vanguard

And another follow-up - if I already own a VG ETF through CS, and I want to buy more shares (or sell some), is that considered a "trade" and trigger a fee, or is it only if I buy a new ETF? Buying or selling ETF requires a commission. At Charles Schwab, it is $4.95. However, there are a n...
by student
Sun May 14, 2017 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Schwab vs Vanguard
Replies: 68
Views: 13912

Re: Schwab vs Vanguard

Hi all - new to the forum and looks like this is the most recently relevant thread on this topic. A few questions based on what people have posted: - Are Vanguard ETFs portable? Meaning, you bought at Schwab but wanted to move to Vanguard, could you move your ETF over? Let's say, for example, that ...
by student
Sat May 13, 2017 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: How to tell what is your effective vanguard benefits level/tier? (solved)
Replies: 8
Views: 669

Re: How to tell what is current vanguard benefits level/tier?

It would say your level or tier in the top left corner in the gray stripe across the page. It may say "Personal Investors". That would indicate you have not been upgraded to Voyager yet. You can do that by e-mailing them or calling if you think you qualify. Interesting. I have met the $50...
by student
Sat May 13, 2017 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Fee to close credit card?
Replies: 15
Views: 1477

Re: Fee to close credit card?

I have not seen this before. Unless the card has annual fee, one may as well kept it.
by student
Sat May 13, 2017 5:45 am
Forum: Investing - Theory, News & General
Topic: Fidelity portfolio advisory services
Replies: 25
Views: 2023

Re: Fidelity portfolio advisory services

This thread is interesting. Overall I like Fidelity. I find it interesting they never try and sell me anything or push me into anything which is in contrast to what many others apparently. That being said, Fidelity has a pretty good Four-in-one fund. It is a one fund, instant portfolio. You might w...
by student
Fri May 12, 2017 11:08 pm
Forum: Personal Consumer Issues
Topic: Buying Major Appliances Online
Replies: 20
Views: 1795

Re: Buying Major Appliances Online

Some states with use tax allow you to use a table based on your income instead of keeping track of your spending. However, I believe that "expensive items" have to be accounted for separately even if you use the table. So depends on how much you buy, you may be better off using the table.
by student
Thu May 11, 2017 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Can you suggest a mortgage lender who does not resell
Replies: 67
Views: 4368

Re: Can you suggest a mortgage lender who does not resell

You may want to check with small local banks and credit unions. I went with a local credit union for the same reason. It usually does not sell its mortgage loans and if it does, it still services them.
by student
Wed May 10, 2017 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Can We Afford to Move-In
Replies: 28
Views: 2535

Re: Can We Afford to Move-In

UCLA did not offer you a tuition waiver? For graduate school and at my income? Absolutely not, unfortunately. I'm in their online engineering graduate program, so it costs even more than regular state-supported graduate school. But, it allows me to work full-time and still complete a graduate degre...
by student
Wed May 10, 2017 6:15 pm
Forum: Personal Consumer Issues
Topic: Puzzling issue with MacBookAir
Replies: 7
Views: 883

Re: Puzzling issue with MacBookAir

Can you tell what error message does it give you?
by student
Wed May 10, 2017 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Can We Afford to Move-In
Replies: 28
Views: 2535

Re: Can We Afford to Move-In

For some of you asking why how we spend $30k in living expenses without rent between just two young people: we budget a (very generous) $1k a month for living expenses each, so $1k x 2 people x 12 months = $24k. That $24k encapsulates everything; car maintenance, dining out, clothing, books for me ...
by student
Wed May 10, 2017 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America Preferred Rewards vs. Wealth Management
Replies: 26
Views: 2697

Re: Bank of America Preferred Rewards vs. Wealth Management

This thread may be of interest to you. It refers to Merrill Edge Premium (as opposed to Wealth Management).

viewtopic.php?t=165914
by student
Tue May 09, 2017 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America Preferred Rewards vs. Wealth Management
Replies: 26
Views: 2697

Re: Bank of America Preferred Rewards vs. Wealth Management

If you read through the Preferred Rewards thread on FWF , you will see that some people have had the same experience (automatic wealth management conversion) as you and there doesn't seem to be a reason why some are affected and some are not. I have $300k+ at Merrill Edge and I'm still at the plati...
by student
Mon May 08, 2017 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America Preferred Rewards vs. Wealth Management
Replies: 26
Views: 2697

Re: Bank of America Preferred Rewards vs. Wealth Management

Thank you for bringing this to our attention. The prefered rewards site at BOA says the Merrill edge 100 free trades only goes to $250k. Then after that you are in the wealth management category. I couldn't find anything about fee schedules once that level is reached. I'm going to call ML tomorrow ...

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