Search found 1779 matches

by tj
Sun Mar 26, 2017 8:23 pm
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 218
Views: 46076

Re: My New Car Buying Tips

I shopped a new Toyota Camry personally at local Toyota dealers during the "sales" season as the new cars were coming out. I then went to True car and shopped out of state for the same loaded camry. The savings was beyond bizarre. I am done haggling personally with dealers. What state do ...
by tj
Fri Mar 24, 2017 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Best HSA (2017)
Replies: 121
Views: 11017

Re: Best HSA (2017)

atxeng wrote:Does anyone know if we have access to closed funds like Primcap (VPMAX) or CapOpp (VHCAX) through Saturna?



Why would you? They are closed.
by tj
Thu Mar 23, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Best HSA (2017)
Replies: 121
Views: 11017

Re: Best HSA (2017)

Health Equity:  totally blows. Poor fund options, high wrap fees.
- $1000 cash account


Mine requires $2k in cash!
by tj
Thu Mar 23, 2017 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Expats, IRAs and FEIE
Replies: 10
Views: 828

Re: Expats, IRAs and FEIE

Here's another approach you might want to consider: don't use the FEIE but instead use Foreign Tax Credits to reduce or eliminate your US tax bill. Most countries have higher tax rates than the USA, despite the bellyaching you hear in America about high tax rates on individuals. It just isn't true....
by tj
Wed Mar 22, 2017 6:50 pm
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 218
Views: 46076

Re: My New Car Buying Tips

$500 below MSRP sounds pretty high. Why aren't you checking the TrueCar price first? TrueCar is usually well below MSRP.
by tj
Wed Mar 22, 2017 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: What safe investment vehicle has the highest yield right now?
Replies: 22
Views: 2827

Re: What safe investment vehicle has the highest yield right now?

I get callable bond offerings all the time from TD Ameritrade, such as the following from this morning: TD Ameritrade is participating in the following Barclays Bank PLC Callable Step-up Notes. Offering details: Issuer: Barclays Bank PLC Ratings: A1/A- Order Period: until March 29, 2017 Coupons: 3.0...
by tj
Tue Mar 21, 2017 2:23 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1733
Views: 940160

Re: The Three-Fund Portfolio

thanks, should I give any thought to using the Vanguard Extended Market Index Fund in combination with the 500 index? Yes, you should think about it! But don't stress over it by any means. If you combine the 500 and the extended funds in a 80/20 ratio, you'll pretty much match the total US fund. Ho...
by tj
Mon Mar 20, 2017 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Redneck/All American Bank
Replies: 17
Views: 2176

Re: Redneck/All American Bank

I'll use it when it goes back to 3%.
by tj
Mon Mar 20, 2017 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity (probably)
Replies: 51
Views: 4480

Re: Moving from Vanguard to Fidelity (probably)

Calygos wrote:
tj wrote:VBIAX is certainly sufficient if that is the AA you want. With Vanguard, you get the securities lending income, Fidelity, probably keeps it for themselves.


I'm not sure what the bold part means. Can you clarify?



See:

https://www.bogleheads.org/wiki/Securities_lending
by tj
Mon Mar 20, 2017 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity (probably)
Replies: 51
Views: 4480

Re: Moving from Vanguard to Fidelity (probably)

It seems like a bunch of work for very small gains. The .5% on the rewards card will make some difference. The problem is you have to spend and spend to reap the rewards. How about just spend 5% less and you will gain more than the extra .5%. These moves violate my "don't just do something, st...
by tj
Mon Mar 20, 2017 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Allocation % for alternative savings robo account?
Replies: 9
Views: 391

Re: Allocation % for alternative savings robo account?

They did give a recommendation. They recommend the safety net goal of 40/60. I'm not really looking at it as a safety net emergency fund though. That's why I was thinking about going 70/30. Maybe I'm being to aggressive for a savings account alternative. I don't mind the fee with betterment. I love...
by tj
Mon Mar 20, 2017 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity (probably)
Replies: 51
Views: 4480

Re: Moving from Vanguard to Fidelity (probably)

VBIAX is certainly sufficient if that is the AA you want. With Vanguard, you get the securities lending income, Fidelity, probably keeps it for themselves.
by tj
Sat Mar 18, 2017 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Guidelines for when to get a new credit card?
Replies: 16
Views: 1222

Re: Guidelines for when to get a new credit card?

I would go for the USAA limitless cashback card instead. 2.5% cashback on ALL purchases. It's not available in all states, but is available in MN where OP is from! That would be an easy upgrade to the 1% card they have currently. Anyone have any experience with trying to upgrade their USAA card? As...
by tj
Fri Mar 17, 2017 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Guidelines for when to get a new credit card?
Replies: 16
Views: 1222

Re: Guidelines for when to get a new credit card?

Nummerkins wrote:I would go for the USAA limitless cashback card instead. 2.5% cashback on ALL purchases.


It's not available in all states, but is available in MN where OP is from! That would be an easy upgrade to the 1% card they have currently.
by tj
Tue Mar 14, 2017 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Maximizing Tax-Advantaged Savings when only working for part of the year
Replies: 16
Views: 609

Re: Maximizing Tax-Advantaged Savings when only working for part of the year

For the HSA, you may only contribute for the months you are covered by a HSA-qualifying HDHP. So if you are only covered by a HSA-qualyfing HDHP for the last few months of the year, the contribution limit will be prorated. Best, ICM Don't know it off the top of my head, but htere's an exception. We...
by tj
Mon Mar 06, 2017 10:52 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1733
Views: 940160

Re: The Three-Fund Portfolio

Setting up a brand new taxable investment portfolio at Fidelity. Definitely wanna keep it simple and just go with the 3fund asset allocation. Can some one help me understand the difference between Fidelity Total International Index(https://fundresearch.fidelity.com/mutual-funds/composition/31635V66...
by tj
Fri Mar 03, 2017 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Residency in Nevada for Windfall
Replies: 11
Views: 1812

Re: Residency in Nevada for Windffall

MP123- Yes, my friend is aware that he will need to pay capital gains (after claiming 250k exemption)on selling his house in CA regardless of his residency. sperry8- thanks for link If he sells the CA house by June 2017 and move in Nevada in July 2017, can he claim Nevada residency for 2017 even th...
by tj
Fri Mar 03, 2017 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Short Term Bond Fund Advice
Replies: 6
Views: 812

Re: Short Term Bond Fund Advice

You might want to look at Vanguard Ultra Short Term Bond Fund. The yield will be less than the other short term bond funds. However, in a rising interest rate environment, it will not decline as much. For a 10 to 12 month time frame, it seems to be more appropriate than a short term fund. Wouldn't ...
by tj
Thu Mar 02, 2017 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Moving away from Betterment
Replies: 13
Views: 1019

Re: Moving away from Betterment

Yes. You don't need to let them manage your entire portfolio to benefit from TLH. Betterment uses a short list of funds, and just make sure you don't own those outside of Betterment. Since you already have a simple portfolio, and Vanguard offers many indexes and funds of funds, this should be easy....
by tj
Wed Mar 01, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: New YouTube TV Service $35 per month
Replies: 43
Views: 4528

Re: New YouTube TV Service $35 per month

The key to all of this, in my opinion, is how companies like Comcast advertise bundles for TV internet for $99 a month which doesn't seem awful, but after 12 months prices go up, you are paying for equipment rental and DVR which can add $40-50 to the bill and it gets ridiculous. I cut 2 years ago a...
by tj
Wed Mar 01, 2017 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs Schwab vs Zacks? Any experiences?
Replies: 47
Views: 2520

Re: Vanguard vs Schwab vs Zacks? Any experiences?

Thanks Tj and David. I'm not pursuing Zacks anymore. I've opened a new account with Merilledge guided (not funded), they charge .45 bps, no TLH, i will post my ME and Schwab portfolio AA tomorrow ..both of them have 'recommended' AA for even emergency funds as well... Apparently Merrill Edge came o...
by tj
Wed Mar 01, 2017 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Refinancing Auto Loan for Credit Card Rewards
Replies: 1
Views: 247

Re: Refinancing Auto Loan for Credit Card Rewards

Ive never heard of a financing comapny that lets you pay with a CC. Sounds like you lucked out with Chrysler before 3/1.
by tj
Tue Feb 28, 2017 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs Schwab vs Zacks? Any experiences?
Replies: 47
Views: 2520

Re: Vanguard vs Schwab vs Zacks? Any experiences?

livesoft wrote:I see your links don't appear to know about
Fidelity Go
TDAmeritrade Essentials

I have no experiences with any of them.


Apparently Merrill Edge came out one with as well:

https://www.merrilledge.com/guided-investing

And Wells Fargo has "Intuitive Investor" expected later this year.
by tj
Mon Feb 27, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Talking with parents' financial advisor
Replies: 52
Views: 4564

Re: Talking with parents' financial advisor

linenfort wrote:Well done!
:sharebeer

I think it's amusing that the most helpful response over at reddit came from a bot.


can someone link to that?

Also well done to OP, glad your parents listened.
by tj
Mon Feb 27, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs Schwab vs Zacks? Any experiences?
Replies: 47
Views: 2520

Re: Vanguard vs Schwab vs Zacks? Any experiences?

Hi Jeff, thanks, what Vanguard target date funds typically recommenced for 85/15 S/B AA ? If you want control of AA, do it yourself and rebalance once a year. If you don't know what to do or want someone else to do it for you, target date. There isn't. Target Date funds switch. Life Strategy Growth...
by tj
Mon Feb 27, 2017 12:12 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs Schwab vs Zacks? Any experiences?
Replies: 47
Views: 2520

Re: Vanguard vs Schwab vs Zacks? Any experiences?

- ZacksA has least fees, only .25% using bestroboadvisor.org discount - future Schwabs will be .28% The Schwab 28bps fee is only if you want a human advisor. It's no fees if you use the robot alone. It's my understanding that "Schwab Intelligent Advisory" is a separate product from "...
by tj
Sun Feb 26, 2017 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs Schwab vs Zacks? Any experiences?
Replies: 47
Views: 2520

Re: Vanguard vs Schwab vs Zacks? Any experiences?

Also, I dont know if this is true either.... Vanguard has lowest return among Robo-advisors by independent firm - Condor capital... http://www.cnbc.com/2016/09/07/returns-vary-widely-for-robo-advisors-with-similar-risk.html The other robo's use riskier bonds and more complicated allocations. Some y...
by tj
Sun Feb 26, 2017 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs Schwab vs Zacks? Any experiences?
Replies: 47
Views: 2520

Re: Vanguard vs Schwab vs Zacks? Any experiences?

and no cash drag like Schwab and really good ETFs,


That's not correct. All Schwab Intellgient Instiutional have a 4% allocation to CASH. You're better off at Vanguard. 5 bps more, but your capital is fully invested.
by tj
Sun Feb 26, 2017 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs Schwab vs Zacks? Any experiences?
Replies: 47
Views: 2520

Re: Vanguard vs Schwab vs Zacks? Any experiences?

^Thanks. I saw that, but I really was looking for ticker symbols. I suppose then they will be the same as the Schwab ones. Looks like there's a ton of options for the advisor to choose from: https://institutionalintelligent.schwab.com/public/file/P-7775117 The FAQ is fascinating. https://institutio...
by tj
Sun Feb 26, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs Schwab vs Zacks? Any experiences?
Replies: 47
Views: 2520

Re: Vanguard vs Schwab vs Zacks? Any experiences?

It is not clear to me which investments that Zacks will use. They are touting active manager, so I am not sure they will stick to index fund ETFs or if they will also mix in some individual stocks. At least with Betterment one knew the set of possible ETFs they would use. I think the same applies f...
by tj
Sun Feb 26, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs Schwab vs Zacks? Any experiences?
Replies: 47
Views: 2520

Re: Vanguard vs Schwab vs Zacks? Any experiences?

Schwab's has the "cash drag". Vanguard at 30bps would be cheaper than Schwab at 28bps because Schwab has 6-15% of your $$$ in a Schwab bank account earning next to nothing. Never heard of Zack's.
by tj
Sun Feb 26, 2017 10:56 am
Forum: Personal Finance (Not Investing)
Topic: When Is a Revocable Living Trust Needed in CA?
Replies: 6
Views: 457

Re: When Is a Revocable Living Trust Needed in CA?

It's not so much the cost of probating your Will (which would be comparable in many states), it's that the process is more cumbersome in California than in most states. As to the cost, your parents or sister might be willing to waive their fees for serving as executor. For more on this, see Profess...
by tj
Sun Feb 26, 2017 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 76
Views: 11573

Re: Charles Schwab Checking + Brokerage Account

Schwab says they will run a credit check when you apply for their checking account. Anyone know if this is a "hard" pull that will show up on a credit report? It sure is. Also, if you do the $100 checking offer, they are pretty stubborn and won't give you the big bucks for transferring in...
by tj
Sun Feb 26, 2017 12:14 am
Forum: Personal Finance (Not Investing)
Topic: When Is a Revocable Living Trust Needed in CA?
Replies: 6
Views: 457

When Is a Revocable Living Trust Needed in CA?

I'm a 31 year old single dude with no dependents and no major financial obligations. I do not currently own any real estate. There is apparently a Small Estate Law which exempts probate on up to $150k of assets. The $150k is calculated AFTER excluding IRA's, 401(k), life insurance, cars, and account...
by tj
Sat Feb 25, 2017 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Betterment, $500k in cash, no taxable events to transfer?
Replies: 30
Views: 2655

Re: Betterment, $500k in cash, no taxable events to transfer?

I didn't read every post, but I think something is missing here. Doesn't it cost .25% just to have them hold your money and an additional percentage to have them do TLH'ing? Nope, the TLH is included, but you can expect a 30+ page 1099 if you use them for that.... If you are wanting to farm out you...
by tj
Sat Feb 25, 2017 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Talking with parents' financial advisor
Replies: 52
Views: 4564

Re: Talking with parents' financial advisor

linenfort wrote:
tj wrote:I completely agree with this, but it sounds like he has already shared his opinion with his parents and they said they like the Merrill Lynch guy.

Hmm, could be, but I don't see that written here.


You're right. The OP also mentions a subreddit. Copy/paste from reddit?
by tj
Sat Feb 25, 2017 4:46 pm
Forum: Personal Consumer Issues
Topic: Roku 3 vs Amazon FireStick
Replies: 14
Views: 1480

Re: Roku 3 vs Amazon FireStick

I'd be interested to hear about your experience with SlingTV and if you considered SONY vue in your search for cord cutting options? A used PS3 can be had for only a little more than a Roku4 and it has many advantages over a dedicated streamer. This is actually my second 7-day trial with Sling. I h...
by tj
Sat Feb 25, 2017 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Talking with parents' financial advisor
Replies: 52
Views: 4564

Re: Talking with parents' financial advisor

Trading stocks every day. WOW :!: :!: :!: Yes, the impact of that on the OP's parent's taxes is likely staggering. Seriously this guy needs to be ditched. Of all of this discussion on whether to help the OP parents or not, or whether the OP parents really wants help is not as nearly as serious as t...
by tj
Sat Feb 25, 2017 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Talking with parents' financial advisor
Replies: 52
Views: 4564

Re: Talking with parents' financial advisor

I don't think there is anything wrong with trying to convince your parents they are being screwed by their advisor - we all know they are. ... If you can't get them to grasp the idea and act then I'd just let it go. ... Other than understanding what the management fee are I wouldn't confront the ad...
by tj
Fri Feb 24, 2017 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 233
Views: 38325

Re: Bank of America/Merrill Edge - Preferred Rewards

LifeIsGood wrote:If you'll notice on the link posted above it says "Respond by Dec 21, 2016". I tried last year and was unsuccessful.



It comes and go all the time. I would wait.
by tj
Tue Feb 21, 2017 12:27 am
Forum: Investing - Help with Personal Investments
Topic: Betterment vs Vanguard, total TLH across TA & Taxable?
Replies: 1
Views: 448

Re: Betterment vs Vanguard, total TLH across TA & Taxable?

So I talked to a betterment customer service person the other day and they told me about their software that looks at your holdings in TaxAdvantaged accounts like IRA's and balances that with its TLH algorithms to maximize gains and reduce overlap. Does anyone use betterment for their accounts or d...
by tj
Sun Feb 19, 2017 11:49 pm
Forum: Investing - Theory, News & General
Topic: Primecap Admiral Fund VPMAX
Replies: 14
Views: 1293

Re: Primecap Admiral Fund VPMAX

The only way to get into the Vanguard PRIMECAP funds today would be if you're Flagship. Alternatively, POGRX and POSKX are still open.

Higher fees though:

http://primecap.com/index.html
by tj
Sun Feb 19, 2017 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Progress Made - What Now? (Pay off cheap mtg or invest)
Replies: 23
Views: 2278

Re: Progress Made - What Now? (Pay off cheap mtg or invest)

To me the answer is OBVIOUS. Your taxable brokerage is super tiny! So I'd focus on boosting that to at least $100,000 and then re-evaluate. Yeah, you're pretty leveraged, but with all that excess cash flow you have, you can always transfer cash flow from going towards boosting your taxable investmen...
by tj
Sun Feb 19, 2017 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Lifestrategy VS IRA
Replies: 12
Views: 1124

Re: Vanguard Lifestrategy VS IRA

Any thought on the 80/20 life strategy versus Total Stock Market Fund? I don't want to be foolish but I also get overwhelmed and know something is better than nothing, and it isn't like it's a BAD idea (right?) Do you want to own international bonds and stocks? Do you want US bonds? If you only wan...
by tj
Sun Feb 19, 2017 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Lifestrategy VS IRA
Replies: 12
Views: 1124

Re: Vanguard Lifestrategy VS IRA

If you are in a low tax bracket, the LifeStrategy fund is probably good enough. If it's the choice between a balanced fund or not investing, certainly I'd go with the balanced fund every time.
by tj
Sun Feb 19, 2017 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking of Leaving Vanguard Personal Advisory program
Replies: 26
Views: 3537

Re: Thinking of Leaving Vanguard Personal Advisory program

BTW, the fee is 0.30%, not 0.03%. I just put my father into this program as he is over 85 and knew he needed the help. I think the service is very well worth it for him. But he is being quoted .2% fee. Are there multiple PAS services?? See the brochure below. The lowest is 5 bps for accounts > 25 m...
by tj
Sat Feb 18, 2017 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: What is the equiv. to VASIX Life Strategy Income but without international, Balanced Index plus Total Bond, Other??
Replies: 16
Views: 993

Re: What is the equiv. to VASIX Life Strategy Income but without international, Balanced Index plus Total Bond, Other??

[ The difference in tax between the two scenarios comes in the bond position. For Scenario A, the bond income for 2016 from dividends from the Total Bond fund would have been $77.4K, all of which would have been taxed at ordinary income rates on your federal tax return. For Scenario B, the bond inc...
by tj
Sat Feb 18, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 329
Views: 37014

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

TDA sent me a 1099-misc and reported my $500 bonus as "other income." This information may be useful to someone. Also a data point, Scottrade reported it as 1099-Int. This makes me think it's safer to just assume all these things (taxable bonuses) will be reported (or reportable) as INT, ...

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