Search found 281 matches

by BUBear29
Fri May 08, 2020 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Best uses of Chase Ultimate Rewards Points
Replies: 28
Views: 3826

Re: Best uses of Chase Ultimate Rewards Points

Curious as to why so many recommendations on transferring points to airlines. Chase gives you an extra 25% or 50% (depending on card) to book through its portal. Why would you turn this down? Southwest points are roughly 7k-7.5k points to $100 (varies by flight but not too much). If you book with p...
by BUBear29
Fri May 08, 2020 10:28 am
Forum: Personal Finance (Not Investing)
Topic: [Marcus Savings Account - Interest rate is now 1.7%]
Replies: 167
Views: 22684

Re: [Marcus Savings Account - Interest rate is now 1.7%]

Citi Accelerate is 1.55% (if you live in an area it is offered)
by BUBear29
Sun Apr 12, 2020 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

I think you are confused on how the core cash position works. See the link: https://www.fidelity.com/trading/faqs-about-account#faq_about1 I’ve never had any issue paying >$5k CC bills from my brokerage. Thank you, that link helped tremendously! Question: Do you have separate FIDO brokerage account...
by BUBear29
Sun Apr 12, 2020 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

keep the gold and bcp, set them up on autopay from the fido brokerage and call it a day. i personally use Citi credit cards but really monitor everything through YNAB. I seriously never have to touch my Fido accounts as they are on auto pilot. I used CS back in the day then vanguard and now Fido. C...
by BUBear29
Sun Apr 12, 2020 12:03 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

why do you need the platinum from cs? you can get good credit cards anywhere. aim for simplicity with your banking. the fido setup is really set it and forget it. I do not need the platinum from CS. I personally don't think anyone needs a CC, they're extremely convenient if you budget properly or c...
by BUBear29
Sat Apr 11, 2020 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

Depends on how you setup. Some people keep $0 in cma and use overdraft protection from Brokerage to cover the transactions. I’ve read where people’s transactions can and do get rejected as sometimes there may be a glitch in the system and the OD funds which are technically available fund for use in...
by BUBear29
Sat Apr 11, 2020 6:45 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

Actually no. The core cash position in brokerage is SPAXX so all cash automatically goes into SPAXX without a purchase taking place as you would imagine in YNAB. The only time you have purchases show up is monthly dividened / reinvestment into spaxx. I keep the dividend transaction (+$10 for exampl...
by BUBear29
Sat Apr 11, 2020 6:22 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

two account setup: 1) brokerage account - this will have a core mm position (SPAXX). All deposits, auto debit setup from trusted vendors (CC company, life insurance etc). Also keep your EF in here since you use YNAB (I do as well). This way your core cash balance is always earning most interest. 2)...
by BUBear29
Sat Apr 11, 2020 5:37 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

FIDO CMA Account: CORE FCASH = 5k dynamic (This is the amount that's dynamic in my account. It's constantly moving: paying CC, Venmo Purchases, Car Loans, etc. and being replenished by DD from employers) CORE FCASH = 1k dynamic (Level #1 Emergency fund, used for unexpected purchases) SPAXX or FZFXX...
by BUBear29
Wed Apr 08, 2020 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

I’m currently using Fido as mostly one-stop (checking investments etc) but the 2% card interface is terrible. The transactions do not post in order and it doesn’t play well with YNAB. I have the 2% card and it works fine with YNAB, been using it for a couple years at this point. What problems are y...
by BUBear29
Wed Apr 08, 2020 6:01 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

I’m currently using Fido as mostly one-stop (checking investments etc) but the 2% card interface is terrible. The transactions do not post in order and it doesn’t play well with YNAB. I have the 2% card and it works fine with YNAB, been using it for a couple years at this point. What problems are y...
by BUBear29
Tue Apr 07, 2020 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

I’m currently using Fido as mostly one-stop (checking investments etc) but the 2% card interface is terrible. The transactions do not post in order and it doesn’t play well with YNAB. As such I’ve kept my Citi Doublecash and even just opened a Citi Accelerate savings account (1.60%) as my down marke...
by BUBear29
Tue Apr 07, 2020 7:54 pm
Forum: Personal Investments
Topic: Marcus or Ally
Replies: 137
Views: 14312

Re: Marcus or Ally

Marcus does not allow trusts as beneficiary
by BUBear29
Tue Mar 31, 2020 6:21 pm
Forum: Personal Investments
Topic: Safety of Money Market Funds Currently
Replies: 149
Views: 11877

Re: Safety of Money Market Funds Currently

FDLXX now closed to new investments. Interesting. VUSXX is still open as far as I can tell, although I haven't tried to add any funds to it recently. Fidelity will let me add new funds to existing but when i try to buy in a new account, it is “closed to new investments” It has also been delisted fr...
by BUBear29
Tue Mar 31, 2020 6:18 pm
Forum: Personal Investments
Topic: Safety of Money Market Funds Currently
Replies: 149
Views: 11877

Re: Safety of Money Market Funds Currently

FDLXX now closed to new investments.
by BUBear29
Mon Feb 17, 2020 11:22 pm
Forum: Personal Consumer Issues
Topic: Visiting NYC with a family - logistics?
Replies: 29
Views: 2011

Re: Visiting NYC with a family - logistics?

Wife and I just returned to DFW from NYC. As many others mentioned, do not rent a car for use in the city. If necessary, rent on way out of town. Avoid JFK. I really like Newark and if flying into LGA, beware of the terrible construction. Highly recommend booking a car to and from the airport. Much ...
by BUBear29
Fri Oct 11, 2019 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

As mentioned in the leaving Fidelity thread, Fidelity has now joined the no-commission crowd: https://www.bostonglobe.com/business/2019/10/10/fidelity-joins-price-war-with-zero-commissions-online-trades/1sMTVwEgL1NZs4EcOBiqmJ/story.html Looks like I’m changing all my Fidelity Mutual Funds in my RIR...
by BUBear29
Fri Oct 11, 2019 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

Looks like I’m changing all my Fidelity Mutual Funds in my RIRAs to VTI, VXUS and BND!! Great news Is there any reason to do this in a Roth? Wouldn’t the tax advantages of an ETF be useless in a Roth, while the inconvenience of an ETF would be considerable? i prefer Vanguard funds. I hold Vangurd e...
by BUBear29
Fri Oct 11, 2019 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

As mentioned in the leaving Fidelity thread, Fidelity has now joined the no-commission crowd: https://www.bostonglobe.com/business/2019/10/10/fidelity-joins-price-war-with-zero-commissions-online-trades/1sMTVwEgL1NZs4EcOBiqmJ/story.html Looks like I’m changing all my Fidelity Mutual Funds in my RIR...
by BUBear29
Fri Oct 11, 2019 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

As mentioned in the leaving Fidelity thread, Fidelity has now joined the no-commission crowd: https://www.bostonglobe.com/business/2019/10/10/fidelity-joins-price-war-with-zero-commissions-online-trades/1sMTVwEgL1NZs4EcOBiqmJ/story.html Looks like I’m changing all my Fidelity Mutual Funds in my RIR...
by BUBear29
Fri Oct 11, 2019 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

As mentioned in the leaving Fidelity thread, Fidelity has now joined the no-commission crowd: https://www.bostonglobe.com/business/2019/10/10/fidelity-joins-price-war-with-zero-commissions-online-trades/1sMTVwEgL1NZs4EcOBiqmJ/story.html Looks like I’m changing all my Fidelity Mutual Funds in my RIR...
by BUBear29
Fri Oct 11, 2019 12:33 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

Long-time Fidelity customer (as well as Vanguard) and just consolidated paycheck direct deposit, billpay, checking, etc. at Fidelity so I could make some interest. I've never actually used the ATM/Debit card, only electronic transactions. Today someone withdrew about $500 from an ATM 300 miles away...
by BUBear29
Mon Sep 23, 2019 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

Cheez-It Guy wrote:
Mon Sep 23, 2019 6:02 pm
LOL at Fidelity TV commercials talking about their great money market rates for cash. 9X better than Schwab! Silence on Vanguard.
thanks for the insight
by BUBear29
Thu Sep 12, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

I just transferred everything from Vanguard to consolidate at Fidelity. 1) Yes you can transfer VTSAX in kind. I did this then exchanged for FSKAX in my Roth. Not sure if you have taxable funds but that would be a different approach. 2) Yes you can transfer in kind to Fidelity. It will likely be th...
by BUBear29
Thu Sep 12, 2019 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

I just transferred everything from Vanguard to consolidate at Fidelity. 1) Yes you can transfer VTSAX in kind. I did this then exchanged for FSKAX in my Roth. Not sure if you have taxable funds but that would be a different approach. 2) Yes you can transfer in kind to Fidelity. It will likely be th...
by BUBear29
Wed Sep 11, 2019 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

Hello everyone. I've got a couple questions regarding (possibly) consolidating at Fidelity. 1. I have a Roth IRA at Vanguard, all in VTSAX (Vanguard Total Stock Market Index Admiral). Can I transfer it in-kind to Fidelity, keeping VTSAX with no penalty? Or does/should it be exchanged for a Fidelity...
by BUBear29
Wed Sep 04, 2019 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

Good to know it theoretically works still. My local wealth management guy tried it himself this morning and was unable to add a new Fidelity account to his Venmo account. He felt this was concerning and is escalating the issue. Well, it seems that it was effectively escalated and likely resolved. I...
by BUBear29
Wed Sep 04, 2019 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

So I ran into a snag today (Saturday). I went to a bank of america ATM to withdraw some cash from my CMA (which has overdraft turned on and $0 in it), but the transaction was declined due to insufficient funds. So it did not automatically overdraft any cash into the CMA from the investment account....
by BUBear29
Tue Sep 03, 2019 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

Same routing. Appears to be a Venmo issue I wonder if your bank transfer would fail if you tried now. Venmo support seemed pretty clear that the routing number is not supported. Or perhaps it will be enabled again soon. All the Twitter comments are over the past couple weeks. Nope it worked. I just...
by BUBear29
Mon Sep 02, 2019 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

will do
by BUBear29
Mon Sep 02, 2019 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

Same routing. Appears to be a Venmo issue I wonder if your bank transfer would fail if you tried now. Venmo support seemed pretty clear that the routing number is not supported. Or perhaps it will be enabled again soon. All the Twitter comments are over the past couple weeks. Nope it worked. I just...
by BUBear29
Mon Sep 02, 2019 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

Same routing. Appears to be a Venmo issue
by BUBear29
Mon Sep 02, 2019 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

My CMA is connected to my Venmo account. Can transfer money in and out with no issue.
by BUBear29
Sat Aug 31, 2019 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

Curious to get Fidelity users response here: I have a taxable account I am saving for my daughters’ (2 currently under 2yo) future cars, wedding and house downpayment savings. I want this account to be a whole portfolio. I want to know what etf’s people at Fidelity would use to construct a whole por...
by BUBear29
Thu Aug 22, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity??
Replies: 72
Views: 8591

Re: Vanguard vs. Fidelity??

OP here...Yesterday I went into Fidelity and opened up a brokerage account. I haven't funded it yet as I am still working out the best strategy here... If my aim is to hold the S+P 500 (or total market) in a taxable account would the obvious choice be to buy the Fidelity Zero Large Cap -FNILX (whic...
by BUBear29
Wed Aug 21, 2019 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity??
Replies: 72
Views: 8591

Re: Vanguard vs. Fidelity??

I've been with Fidelity for 15 years for brokerage accounts. For taxable, I have been doing research on this and am leaning towards Fidelity as a platform but purchasing Vanguard ETFs. Far from comprehensive on all pros and cons - here are my reasons for this: 1. Fidelity's customer service is very...
by BUBear29
Wed Aug 21, 2019 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity??
Replies: 72
Views: 8591

Re: Vanguard vs. Fidelity??

Untrue. FWWFX or URTH FWWFX is an active fund with .94% ER. It holds 265 stocks. URTH is developed markets large cap, holds 1,223 stocks, and is still more than twice as expensive as VTWAX. They simply are not in the same category with VTWAX, which holds over 8,000 stocks. I see your point but to s...
by BUBear29
Wed Aug 21, 2019 8:09 am
Forum: Personal Finance (Not Investing)
Topic: What are your thoughts on USAA for checking? Insurance? Banking in general?
Replies: 44
Views: 2769

Re: What are your thoughts on USAA for checking? Insurance? Banking in general?

We've been with USAA for 25-30 yrs. I compare car insurance prices every few years, have never found cheaper. For those who find Geico cheaper, make sure you're comparing equal plans. Geico has always been 10-20% more when I compare. We carry high deductible, $1000, two adults, one child with permi...
by BUBear29
Wed Aug 21, 2019 6:50 am
Forum: Personal Finance (Not Investing)
Topic: What are your thoughts on USAA for checking? Insurance? Banking in general?
Replies: 44
Views: 2769

Re: What are your thoughts on USAA for checking? Insurance? Banking in general?

Used to use USAA for banking shortly - it was fine. Used to use them for insurance - now with Geico and paying 50% less. Used to use them for credit card but have had my card compromised twice in a year - never had this issue with another credit card issuer. I am finally moving on from USAA in all c...
by BUBear29
Wed Aug 21, 2019 6:49 am
Forum: Personal Finance (Not Investing)
Topic: What are your thoughts on USAA for checking? Insurance? Banking in general?
Replies: 44
Views: 2769

Re: What are your thoughts on USAA for checking? Insurance? Banking in general?

Used to use USAA for banking shortly - it was fine. Used to use them for insurance - now with Geico and paying 50% less. Used to use them for credit card but have had my card compromised twice in a year - never had this issue with another credit card issuer. I am finally moving on from USAA in all c...
by BUBear29
Tue Aug 20, 2019 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity??
Replies: 72
Views: 8591

Re: Vanguard vs. Fidelity??

I am about to deposit a significant sum into either Vanguard or Fidelity. I am FIRE and like to keep my finances as simple as possible, while also maximizing return, minimizing expenses. I plan to use a 2 fund portfolio probably around 85/15 (85 being S+P or total market/ 15 for bonds+cash). I won'...
by BUBear29
Tue Aug 20, 2019 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity??
Replies: 72
Views: 8591

Re: Vanguard vs. Fidelity??

This limits my transaction cost to a max of $9.90 a year. What is a transaction cost? :greedy 2 Fidelity commissionable trades @ $4.95/trade. It's been so many years since I have seen one of those I forgot what they were. :twisted: If I wanted to avoid them I would just buy iShares. Also, I should ...
by BUBear29
Tue Aug 20, 2019 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity??
Replies: 72
Views: 8591

Re: Vanguard vs. Fidelity??

I am myself in similar dilemma. Have accounts at both and I am wondering whether I should consolidate to just one. I like Fidelity instead of Vanguard, but isn't it true that Fidelity index funds are not tax efficient? For those who wish to have automatic investments and not ETFs, then isn't Vangua...
by BUBear29
Sat Aug 10, 2019 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

So I ran into a snag today (Saturday). I went to a bank of america ATM to withdraw some cash from my CMA (which has overdraft turned on and $0 in it), but the transaction was declined due to insufficient funds. So it did not automatically overdraft any cash into the CMA from the investment account....
by BUBear29
Sat Aug 10, 2019 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

So I ran into a snag today (Saturday). I went to a bank of america ATM to withdraw some cash from my CMA (which has overdraft turned on and $0 in it), but the transaction was declined due to insufficient funds. So it did not automatically overdraft any cash into the CMA from the investment account....
by BUBear29
Fri Aug 09, 2019 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

I just decided today to consolidate everything to Fidelity. Will be leaving Vanguard and moving over rira’s, 529’s and taxable accounts. Since I use the CMA and am index investor, it makes sense to have everything in one place. It will be a hassle though, I’m sure. If anyone has any advice on how t...
by BUBear29
Thu Aug 08, 2019 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

Curious what funds people hold at fidelity for 3 fund. Since I will have my taxable account there. I am think across all my accounts that I will use: ITOT for total stock market FTIHX for total intl FXNAX for bonds Thoughts? In a taxable account you shouldn't use non-Vanguard mutual funds because t...
by BUBear29
Thu Aug 08, 2019 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

Curious what funds people hold at fidelity for 3 fund. Since I will have my taxable account there. I am think across all my accounts that I will use:

ITOT for total stock market
FTIHX for total intl
FXNAX for bonds


Thoughts?
by BUBear29
Thu Aug 08, 2019 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217482

Re: Fidelity as a one stop shop

Fidelity advantages: index funds as cheap or cheaper than Vanguard for most asset classes; three "zero" cost index funds; Fidelity have no where near the number of index funds Vanguard has. Furthermore, you will not find low cost active funds like Wesley or Wellington with ER <0.25. Heck, Fidelity ...