Search found 486 matches

by Horsefly
Fri Nov 15, 2019 12:08 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity (Elon) card eBill
Replies: 22
Views: 1142

Re: Fidelity (Elon) card eBill

I've had mine on auto-pay from my taxable brokerage for something approaching two years. I still check it every month, and it's never missed.
by Horsefly
Thu Nov 14, 2019 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Disturbing experience with Ally Bank
Replies: 57
Views: 5911

Re: Disturbing experience with Ally Bank

I can't speak to the issues the OP is having, but I routinely move money from our Fidelity taxable account to Ally. As I've posted here earlier, I've been seeing it recently happen in less than 24 hrs. These have usually been transfers of between $5K and $25K, and it's always gone off without a hitc...
by Horsefly
Fri Nov 01, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Capital One outage? (Responds with error message)
Replies: 17
Views: 988

Re: Capital One outage? (Responds with error message)

It isn't just Northeast US. I'm in Denver and got an error message when trying to log into my CC account.
by Horsefly
Fri Nov 01, 2019 10:18 am
Forum: Personal Investments
Topic: 529 distribution procedure
Replies: 19
Views: 893

Re: 529 distribution procedure

Ah, good point. The K-12 use of 529s was not a thing when I was dealing with them.
by Horsefly
Fri Nov 01, 2019 10:07 am
Forum: Personal Investments
Topic: 529 distribution procedure
Replies: 19
Views: 893

Re: 529 distribution procedure

Our kids are both graduated now, but I used 529's exclusively for their college expenses. We NEVER had the 529 checks sent directly to the school. I always had them do a direct deposit in my checking account, and I'd pay the school from there. We only used the 1098T except maybe one year as a form o...
by Horsefly
Fri Oct 25, 2019 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1202
Views: 147625

Re: Fidelity as a one stop shop

Just thought I would post what happened to me today. At about 8:30am this morning (MST) I put in a request at Fidelity to transfer $10K to my checking account at Ally. Based on previous experience, I figured I would see the money in my Ally account Monday, or Tuesday morning at the latest. I logged ...
by Horsefly
Mon Oct 21, 2019 1:16 am
Forum: Personal Consumer Issues
Topic: Help me find some high quality cargo pants.
Replies: 63
Views: 5424

Re: Help me find some high quality cargo pants.

retiredjg wrote:
Sun Oct 20, 2019 7:16 pm
Fitted pants with little flat pockets on the side?

I think you may under-estimate the bagginess and sloppiness of true cargo pants. :D
I think you over-estimate how much some of us care. :D
by Horsefly
Tue Oct 15, 2019 8:35 am
Forum: Personal Consumer Issues
Topic: Help me find some high quality cargo pants.
Replies: 63
Views: 5424

Re: Help me find some high quality cargo pants.

Some of the other recommendations here are probably higher quality, but I've been happy with Tru Spec cargo pants ( https://www.truspec.com/ ). I bought a pair that popped up on Woot one time, and liked them enough that I bought 3 other pairs since them. I wear them doing almost anything where I can...
by Horsefly
Mon Oct 07, 2019 10:32 pm
Forum: Personal Consumer Issues
Topic: Capital One Eno
Replies: 43
Views: 4840

Re: Capital One Eno

I've call and gotten "promo" rates ever since I bought my 2008 Saturn. About 8 years ago I stopped paying SiriusXM using a credit card and pay an invoice, using a check. When I first switched to an invoice, IIRC they charges me an additional $1 or $2 invoice fee. However, I think they recently drop...
by Horsefly
Mon Oct 07, 2019 4:03 pm
Forum: Personal Consumer Issues
Topic: Capital One Eno
Replies: 43
Views: 4840

Re: Capital One Eno

I know this is an old thread, but I just discovered something interesting with Capital One virtual numbers. I've got a SiriusXM subscription for a car. As has been discussed on the BH forum many times, SiriusXM is pretty obnoxious about trying to really hose you with an automatic renewal. My annual ...
by Horsefly
Sun Oct 06, 2019 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card information stolen
Replies: 12
Views: 1369

Re: Credit Card information stolen

Some time ago I had a similar fraud happen as did to the OP. My Fidelity 2% card was used to pay for $4800 worth of yard landscaping and maintenance at a property in Oregon. We live in Colorado, and - although we travel quite a bit - haven't been to Oregon in 10 years. The bank caught the error and...
by Horsefly
Sat Oct 05, 2019 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card information stolen
Replies: 12
Views: 1369

Re: Credit Card information stolen

Some time ago I had a similar fraud happen as did to the OP. My Fidelity 2% card was used to pay for $4800 worth of yard landscaping and maintenance at a property in Oregon. We live in Colorado, and - although we travel quite a bit - haven't been to Oregon in 10 years. The bank caught the error and ...
by Horsefly
Thu Sep 19, 2019 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1202
Views: 147625

Re: Fidelity as a one stop shop

I recently opened a trust account at Fido, and I just realized it is so much harder to link a bank account to it. There is no online ACH link setup (e.g. micro-deposits). I had to print out a PDF form and fill it in. I then scanned and submitted it by secure email. Fido replied and told me -- no si...
by Horsefly
Wed Sep 04, 2019 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4141
Views: 793238

Re: What's Your Credit Card Rewards Strategy?

Is it possible to have Chase switch your type of card, even if you are over 5/24? I really want a United card, but I think I'm over 5/24. I have a Freedom and Freedom Unlimited that I would gladly trade; I have heard about people converting cards before, but an airline card?? No, I'm pretty sure yo...
by Horsefly
Wed Sep 04, 2019 9:31 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 7700

Re: First-hand experiences with United Basic Economy for families?

The OP asked for comments from people with first-hand experiences with United Basic Economy. I didn't read all the comments (stopped part way through the second page), but it seems he's mostly getting beat up for bringing up the subject. I'm a lifetime million mile flyer on United, and so I have lif...
by Horsefly
Tue Sep 03, 2019 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1202
Views: 147625

Re: Fidelity as a one stop shop

Is this just the way Fidelity works, where they don't pull the money from your account until the check is deposited and has cleared? Yes. I wouldn't use a bill pay service that didn't work that way. --vtMaps Depending on the volume of bills you're paying through paper checks, and how good the payee...
by Horsefly
Mon Aug 26, 2019 8:02 pm
Forum: Investing - Theory, News & General
Topic: Volatile stocks for fun: Limit Order or Stop Limit Order for maximum profit
Replies: 25
Views: 1442

Re: Volatile stocks for fun: Limit Order or Stop Limit Order for maximum profit

I learned a tough lesson (well, minimally tough :happy ) using a stop loss sell order. A few years ago, I bought $100K of Amazon stock. It was my only individual stock, and was "play money" in my IRA that I don't plan to touch until RMDs hit 10 years from now. As everyone knows by now, it eventually...
by Horsefly
Mon Aug 26, 2019 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Credit limit increase in retirement?
Replies: 18
Views: 1651

Re: Credit limit increase in retirement?

They have you self-report income, but I have never seen any attempt at verification. Since we substantially under-spend compared to our potential retirement income, I tend to give them an income number that represents what we could potentially spend, not the income we realize in order to cover our ...
by Horsefly
Mon Aug 26, 2019 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Ally bank app vs Bank of America app
Replies: 8
Views: 846

Re: Ally bank app vs Bank of America app

I find the Ally online access via PC to be clear, simple and easy to use. I do not have any financial apps or transaction ability on my phone for security concerns. Accessing all financial sites on PC via a password manager such as LastPass, with long strong alpha numeric and symbol passwords is ea...
by Horsefly
Sat Aug 17, 2019 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 7038

Re: Does anyone here have no credit cards? How is that working out for you? Do you have any trouble without them?

Just for the record: I fully respect anyone's decision to not use a credit card. In fact, I respect anyone's decision to do whatever they please. I appreciate that this forum is a useful place for people to bounce ideas off of regardless of the differences between one person's approach and another p...
by Horsefly
Sat Aug 17, 2019 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 7038

Re: Does anyone here have no credit cards? How is that working out for you? Do you have any trouble without them?

Based on her "logic" I would have to assume Ivygirl doesn't partake in any of the following, as they are "unjust": Grocery coupons (credit to someone up thread who brought that up first), because someone who does not use them is paying an unfair price. Sales, because someone who buys the items when ...
by Horsefly
Wed Aug 14, 2019 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 7038

Re: Does anyone here have no credit cards? How is that working out for you? Do you have any trouble without them?

Ivygirl wrote:
Wed Aug 14, 2019 8:10 pm
Do you think this person paying 24% is wealthy enough to afford you?
This is the most obtuse line of reasoning I've ever seen on this forum. :|
by Horsefly
Wed Aug 14, 2019 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 7038

Re: Does anyone here have no credit cards? How is that working out for you? Do you have any trouble without them?

Can I point out that you have been dining and vacationing and shopping at someone else's expense? At whose expense are you doing these things? There is a prevalent sentiment among the poor that the wealthy never really pay for all the things they get in this life. That they got wealthy by making ot...
by Horsefly
Sun Aug 11, 2019 10:36 pm
Forum: Personal Consumer Issues
Topic: Any Western CO Folks Here (Durango?)? - Would you Rec?
Replies: 41
Views: 3359

Re: Any Western CO Folks Here (Durango?)? - Would you Rec?

I grew up near Montrose CO, and my siblings and mother still live there. I live in Denver, but drive over to visit maybe 4-6 times per year. The Montrose area is a little unique. It's got mountains on several sides, but is down in a valley that somehow seems to avoid most of the extreme weather. Den...
by Horsefly
Sun Aug 11, 2019 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 7038

Re: Does anyone here have no credit cards? How is that working out for you? Do you have any trouble without them?

With no intended slight to the OP, I have to say this is an example of the really, really, really bad influence that Dave Ramsey has. In an effort to tell people that being in debt is bad, he has managed to convince people that simply having a credit card is bad. Good grief. If you use a credit card...
by Horsefly
Tue Jul 30, 2019 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Capital One data breach
Replies: 56
Views: 5410

Re: Capital One data breach

As a huge user of CapitalOne credit cards and a user of their savings products, I am definitely concerned. I know it won't do anything, but I will use Chase products more and CapitalOne products less because of this breach. Hope companies invest more in technology to protect their users better. And...
by Horsefly
Wed Jul 24, 2019 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Use HSA or pay Out Of Pocket?
Replies: 30
Views: 2012

Re: Use HSA or pay Out Of Pocket?

We're retired, but pre-Medicare. I'm maxing out our HSA contributions, paying out of pocket for all expenses, and NOT saving any receipts. I expect to use much / most of our HSA post Medicare on vision, dental, and Medicare part B/D copays and deductibles. At 61 we are too old to accumulate all that...
by Horsefly
Thu Jul 18, 2019 4:56 pm
Forum: Personal Consumer Issues
Topic: Chromebook
Replies: 18
Views: 1440

Re: Chromebook

I love Chromebooks, and am on one now. Great for travel. I've moved mostly away from Micro$oft apps and use Google Docs which can read MS office docs. Two things I really like about the whole Chromebook concept: When I leave my desktop Chrome browser and switch to the Chromebook, it already knows al...
by Horsefly
Tue Jul 16, 2019 5:23 pm
Forum: Personal Consumer Issues
Topic: Ally Bank [customer service problems]
Replies: 20
Views: 2269

Re: Ally Bank [customer service problems]

I am very happy with Ally, since closing my account at Wells Fargo (thieves) a couple of years ago. I've not had any problem myself recently, but when I log in today I get this message at the top of the page: Bill pay users: We’re working on an issue with bill pay that will be repaired later this we...
by Horsefly
Wed Jul 10, 2019 8:33 pm
Forum: Personal Consumer Issues
Topic: WaPo: "Mobile Passport" is the best-kept secret in air travel
Replies: 47
Views: 8314

Re: WaPo: "Mobile Passport" is the best-kept secret in air travel

We've had Global Entry for years, but on our return trip from Australia in April we decided to try mobile passport. It was probably just as easy. We love Precheck that comes with Global Entry, but when our current Global Entry comes up for renewal we may just cut back to Precheck by itself and use m...
by Horsefly
Tue Jul 09, 2019 9:55 am
Forum: Personal Consumer Issues
Topic: Buying a Smoker
Replies: 118
Views: 7882

Re: Buying a Smoker

I had a large propane smoker for several years. Definitely not set-and-forget. I got tired of it, and bought a pellet smoker / grill: https://www.campchef.com/smokers-grills/wood-pellet-grills-and-accessories/pellet-grills-and-smokers/pellet-grill-smoker-dlx.html . You just fill up with pellets of y...
by Horsefly
Tue Jul 02, 2019 12:40 pm
Forum: Personal Investments
Topic: Mom wants to roll IRA to Roth, but lost records of contributions
Replies: 22
Views: 2138

Re: Mom wants to roll IRA to Roth, but lost records of contributions

NoviceInvestor2019 wrote:
Tue Jul 02, 2019 12:30 pm
Good to know - assume the RMDs can be used to pay taxes on a conversion though?
Yep, that works fine.
by Horsefly
Tue Jul 02, 2019 12:19 pm
Forum: Personal Investments
Topic: Mom wants to roll IRA to Roth, but lost records of contributions
Replies: 22
Views: 2138

Re: Mom wants to roll IRA to Roth, but lost records of contributions

Thanks for pointing this out! Yes the plan is to do it very gradually over a number of years (probably even into retirement) to make sure she never bumps up into the 32% tax bracket. As things stand now, I believe that if we don't start converting her RMDs will push her into the 32% bracket anyway,...
by Horsefly
Mon Jul 01, 2019 11:22 am
Forum: Personal Consumer Issues
Topic: Robotic Lawnmowers?
Replies: 18
Views: 1566

Re: Robotic Lawnmowers?

The neighbors across the street have a robotic lawn mower. I've not talked to them about it, but I've watched it several times while walking our dogs. It is *VERY* slow. We have a 1.5 acre lot, and the two-man crew takes less time to mow it than this little robot takes to mow the neighbors 25' x 30'...
by Horsefly
Sun Jun 30, 2019 11:25 pm
Forum: Personal Investments
Topic: Mom wants to roll IRA to Roth, but lost records of contributions
Replies: 22
Views: 2138

Re: Mom wants to roll IRA to Roth, but lost records of contributions

Ohh wow I was fundamentally misunderstanding how the rollover worked. So completely regardless of contributions or growth, when you rollover a tIRA into a roth, the rollover amount is all taxed as income? I was thinking contributions were taxed as income and growth was taxed as capital gains :oops:...
by Horsefly
Sun Jun 30, 2019 11:17 pm
Forum: Personal Investments
Topic: Mom wants to roll IRA to Roth, but lost records of contributions
Replies: 22
Views: 2138

Re: Mom wants to roll IRA to Roth, but lost records of contributions

I'll admit I'm not sure what the issue is here. Conversion from her now traditional IRA to a Roth is not affected by her contribution history. The taxable event is for the $$ that are converted, independent of what was contributed. So if her IRA has doubled from what she originally contributed, the ...
by Horsefly
Sun Jun 30, 2019 6:35 pm
Forum: Personal Investments
Topic: How much to rollover from IRA to Roth IRA
Replies: 35
Views: 3408

Re: How much to rollover from IRA to Roth IRA

We are in a fairly similar situation to the OP, with a fairly sizeable taxable account and - even if the OP doesn't recognize it yet - more than enough to live comfortably in retirement. Something that you didn't mention is whether you have kids, or someone else you may leave some inheritance to. A ...
by Horsefly
Sun Jun 30, 2019 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA conversion
Replies: 6
Views: 597

Re: Roth IRA conversion

You should be able to avoid the penalty. If your income is not uniform during the year, your tax payments can also not be uniform. https://www.irs.gov/taxtopics/tc306 Generally, taxpayers should make estimated tax payments in four equal amounts to avoid a penalty. However, if you receive income une...
by Horsefly
Sun Jun 30, 2019 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Did Retirement Spending go as You Planned?
Replies: 47
Views: 5142

Re: Did Retirement Spending go as You Planned?

DW and I retired at age 55 (both of us) in 2013. I had produced my mother-of-all-spreadsheets which projected a max expected spending each year out to age 95. The spending was worst case, and elevated each year with 2% inflation. It worked out to be something close to 4% spend the first year. In rea...
by Horsefly
Sun Jun 30, 2019 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA conversion
Replies: 6
Views: 597

Re: Roth IRA conversion

You should be able to avoid the penalty. If your income is not uniform during the year, your tax payments can also not be uniform. https://www.irs.gov/taxtopics/tc306 Generally, taxpayers should make estimated tax payments in four equal amounts to avoid a penalty. However, if you receive income unev...
by Horsefly
Fri Jun 21, 2019 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Does Fidelity monitor log in locations?
Replies: 6
Views: 1004

Re: Does Fidelity monitor log in locations?

I've logged into Fidelity from Australia, New Zealand, Italy, Spain, and a number of ocean cruises. I don't think you'll have any issue.
by Horsefly
Thu Jun 20, 2019 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4141
Views: 793238

Re: What's Your Credit Card Rewards Strategy?

(it's my longest running line of credit and want to keep it open to avoid a hit to my credit score) People overestimate how much this matters. The hit to your credit score is likely to be a few points. And if it's a difference between 797 and 800, it won't make any difference to what interest rate ...
by Horsefly
Tue Jun 18, 2019 9:30 am
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 183
Views: 28863

Re: Don't pay full price for SiriusXM radio

I have a calendar reminder set as well. But it does get annoying having to go through the song and dance 2x a year. No calendar reminder or song/dance needed. Once you sign up for your next 6 months, simply tell them "I want to cancel the service after this 6 month term is up," which wipes out the ...
by Horsefly
Mon Jun 17, 2019 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Bank won't give Medallion Signature Guarantee for anything related to savings bonds
Replies: 17
Views: 2161

Re: Bank won't give Medallion Signature Guarantee for anything related to savings bonds

My siblings and I recently needed to ask Fidelity to make a rather sizeable distribution from a Partnership. My Private Client rep at Fidelity told me we needed Medallion Signature Guarantees due to the amount of the distribution. I can get mine at the local Fidelity office, but my siblings both liv...
by Horsefly
Mon Jun 17, 2019 4:18 pm
Forum: Personal Consumer Issues
Topic: My Cost of Progressive Lenses/glasses - did I pay too much?
Replies: 69
Views: 4655

Re: My Cost of Progressive Lenses/glasses - did I pay too much?

My history: Spent >$700 a few years ago at the optician that works out of my optometrist's office. Spent about $250 for a new pair at Costco a couple of years ago. Spent $120 at Zenni for a new pair of sunglasses for golf. All three pair were progressive, hi-index lenses. The first two were also tra...
by Horsefly
Mon Jun 17, 2019 10:10 am
Forum: Personal Consumer Issues
Topic: how is Home Depot's contractor service (for a water heater)?
Replies: 53
Views: 4615

Re: how is Home Depot's contractor service (for a water heater)?

You should ask your local Home Depot who their plumbing contractor is. Here in the Denver area at least, HD has an agreement with only one plumbing / HVAC contractor. The honest guy at our local HD (probably a retired plumber who was only working at HD for something to do) said that the HD contracto...
by Horsefly
Thu Jun 13, 2019 8:52 pm
Forum: Investing - Theory, News & General
Topic: Do Fidelity Offices/Advisors Add Value?
Replies: 88
Views: 6949

Re: Do Fidelity Offices/Advisors Add Value?

I don't use Fidelity over Vanguard. My thought is that Fidelity brick, mortar and advisors are there to add value to Fidelity, not investors. So I suppose it isn't possible that Fidelity has determined this adds value to investors, and as a result adds value to Fidelity? I.e., I think Fidelity is s...
by Horsefly
Wed Jun 12, 2019 8:39 pm
Forum: Investing - Theory, News & General
Topic: Do Fidelity Offices/Advisors Add Value?
Replies: 88
Views: 6949

Re: Do Fidelity Offices/Advisors Add Value?

I don't use Fidelity over Vanguard. My thought is that Fidelity brick, mortar and advisors are there to add value to Fidelity, not investors. So I suppose it isn't possible that Fidelity has determined this adds value to investors, and as a result adds value to Fidelity? I.e., I think Fidelity is s...
by Horsefly
Wed Jun 12, 2019 11:00 am
Forum: Investing - Theory, News & General
Topic: Do Fidelity Offices/Advisors Add Value?
Replies: 88
Views: 6949

Re: Do Fidelity Offices/Advisors Add Value?

I am surprised that the Fido advisor does not have an assistant who makes virtually all the phone calls to clients and potential clients. I agree with this. If I call or email my private client rep, I may or may not hear back directly from him. If it is something simple, one of the lower echelon me...
by Horsefly
Tue Jun 11, 2019 6:22 pm
Forum: Investing - Theory, News & General
Topic: Do Fidelity Offices/Advisors Add Value?
Replies: 88
Views: 6949

Re: Do Fidelity Offices/Advisors Add Value?

I've found having a local office and a senior rep assigned to me to be very useful. A few examples: Medallion signature guarantee. They do it for free, and it is getting harder and harder to find a bank that will do it. Some banks will do it, but only for forms/transactions with their bank. Free est...