Search found 178 matches

by Ricchan
Thu Dec 12, 2019 3:31 pm
Forum: Investing - Theory, News & General
Topic: Navy Fed (NFCU) CD Special 3% - 37mos
Replies: 16
Views: 2425

Re: Navy Fed (NFCU) CD Special 3% - 37mos

Andrews has 3% no gimmicks, if you're willing to do 7 years. Other CUs on depositaccounts.com showing for 3 years as well. Looks like 3% is only available for taxable accounts, 2.2% for IRA's. I'm not seeing 3% for 3 years for anything at depositaccounts, hope someone will post with those. Thanks. ...
by Ricchan
Tue Dec 10, 2019 9:56 am
Forum: Investing - Theory, News & General
Topic: Moving a trust to Vanguard
Replies: 10
Views: 744

Re: Moving a trust to Vanguard

I'm going to guess that Vanguard can do it all if they have permission from my FIL? They made the process easy when I moved my stuff from Scottrade. Hoping the trust doesn't complicate it Opening or transferring trust accounts is always going to be slightly more complicated than individual accounts...
by Ricchan
Mon Dec 09, 2019 8:22 pm
Forum: Investing - Theory, News & General
Topic: Merrill Edge is Going Commission-Free
Replies: 20
Views: 2172

Re: Merrill Edge is Going Commission-Free

It looks like the only real benefit for their "Platinum Honors" members is now just the 75% bonus on credit card rewards. The others: 0.15% fee discount on "Merrill Guided Investing." Probably of no interest to anyone here. 20% interest rate booster. Okay, but 120% of ~0% is still ~0%. Unlimited ATM...
by Ricchan
Sat Dec 07, 2019 7:43 pm
Forum: Investing - Theory, News & General
Topic: What has performed better over the last 20 years? Stocks or long term bonds?
Replies: 32
Views: 2565

Re: What has performed better over the last 20 years? Stocks or long term bonds?

If you are on Team Bonds , now is a good time to compare the past 20 year performances of VWESX (long term bonds) and SPY (stocks). If you are on Team Stocks , either wait a couple years, or extend the comparison out for 22+ years. :beer https://i.imgur.com/nP0CMIJ.png (For each graph, the starting ...
by Ricchan
Fri Dec 06, 2019 5:40 pm
Forum: Investing - Theory, News & General
Topic: Unemployment rate
Replies: 37
Views: 2078

Re: Unemployment rate

For those too lazy to click the links: https://i.imgur.com/utNO1ir.png Thick red-black line is SPY (S&P 500). Thin black line is unemployment. Regarding unemployment numbers, the US civilian labor force participation rate is at near decade lows . As has been said before, unemployment numbers don't t...
by Ricchan
Mon Dec 02, 2019 6:24 pm
Forum: Personal Consumer Issues
Topic: Airline overhead bins...do you think they're assigned?
Replies: 135
Views: 6276

Re: Airline overhead bins...do you think they're assigned?

If I'm traveling with a backpack or laptop bag, it's usually small enough to put under the seat in front of me. Anything larger usually gets checked. The few times I've had to use the overhead bin, I've always used the bin on the other side of the aisle so I can see if/when other people are accessin...
by Ricchan
Mon Dec 02, 2019 6:04 pm
Forum: Personal Consumer Issues
Topic: Best Ways to Help Poor Families at the Holiday Season?
Replies: 43
Views: 2776

Re: Best Ways to Help Poor Families at the Holiday Season?

I like the idea of taking a course to learn how to give more effectively. I admit the most I do is look at the financials of a charity to see how much of their donations go towards their programs. There's probably a lot more nuanced and meaningful ways to analyze a charity's effectiveness towards th...
by Ricchan
Mon Dec 02, 2019 4:39 pm
Forum: Personal Consumer Issues
Topic: Best Ways to Help Poor Families at the Holiday Season?
Replies: 43
Views: 2776

Re: Best Ways to Help Poor Families at the Holiday Season?

If you are willing to volunteer time, food banks are often busiest during the holiday season and could use the extra help.
by Ricchan
Sat Nov 30, 2019 1:26 pm
Forum: Forum Issues and Administration
Topic: Giving thanks to our moderators
Replies: 56
Views: 2769

Re: Giving thanks to our moderators

Second day after Thanksgiving, but also want to join in the thanks giving to the mods here (and especially LadyGeek). I know it's often an unappreciated job to keep a forum, especially one as large and active as this, in proper order, especially with miscreants like myself running around. Thank you!...
by Ricchan
Fri Nov 15, 2019 12:45 am
Forum: Personal Investments
Topic: Question about "Gross Expense Ratio" and "Net Asset Fee" in 401k
Replies: 4
Views: 355

Re: Question about "Gross Expense Ratio" and "Net Asset Fee" in 401k

The fees *might* be additive, so instead of a total of .80% it would actually .84% I'd urge you to check with the 401k custodian and ask for an explanation and/or any fee disclosure documents you're entitled to as a 401k plan participant. Regards, After digging around their website some more, I fou...
by Ricchan
Thu Nov 14, 2019 11:24 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

HEDGEFUNDIE wrote:
Thu Nov 14, 2019 8:50 pm
In the meantime, I also have an RCA with Orion FCU paying 4% APY up to $30k
What's the easiest way you've found to fulfill the 8 signature-based card transactions requirement? Can it be automated, and can all 8 be performed on the same day?
by Ricchan
Thu Nov 14, 2019 6:48 pm
Forum: Personal Investments
Topic: Question about "Gross Expense Ratio" and "Net Asset Fee" in 401k
Replies: 4
Views: 355

Question about "Gross Expense Ratio" and "Net Asset Fee" in 401k

My 401k lists investment options in a table that includes columns for "Gross Expense Ratio" and "Net Asset Fee." That table includes, for example, the following: Fund Name Gross Expense Ratio Net Asset Fee Vanguard Total Stock Market Index Fund (VTSAX) 0.04 0.80 PIMCO StocksPLUS® Long Duration Instl...
by Ricchan
Mon Nov 11, 2019 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Simple Bank - ACH to/from a "Protected Goal" account
Replies: 21
Views: 1265

Re: Simple Bank - ACH to/from a "Protected Goal" account

Thanks to those who have replied. As @SlowMovingInvestor said, their interest rate of 2.15% is better than most other online bank rates by a non-trivial amount. For example, Ally is currently 1.80%, and Marcus is 1.90%. It's also better than Vanguard's Prime, Municipal, and US Treasury money market ...
by Ricchan
Mon Nov 11, 2019 1:30 am
Forum: Personal Finance (Not Investing)
Topic: Simple Bank - ACH to/from a "Protected Goal" account
Replies: 21
Views: 1265

Simple Bank - ACH to/from a "Protected Goal" account

I noticed Simple Bank's website doesn't allow you to do ACH transfers to/from a Protected Goal account. The only way to move money into or out of a Protected Goal account, at least from the Simple Bank website, is to go through their "Safe-to-Spend" account. For example, ACH pull from an external ba...
by Ricchan
Sat Nov 09, 2019 7:40 pm
Forum: Investing - Theory, News & General
Topic: Morningstar percentile rank - VTSAX, VBAIX, VIIIX etc
Replies: 21
Views: 1419

Re: Morningstar percentile rank - VTSAX, VBAIX, VIIIX etc

M*'s use of the term "Percentile Rank" was confusing to me as well. I initially had the same thought as the OP when I first saw those numbers, until I looked at the "+/- Category" and "+/- Index" rows and noticed that whenever a fund did better than the Category or Index, it was always below 50 Perc...
by Ricchan
Thu Nov 07, 2019 11:50 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

Does anyone know how easy it is to transfer money out from the PSECU savings account to another institution? I have my account open and on the website there is no obvious way to add an external account to initiate an ACH transfer out. Will they easily allow me to do a pull initiated from Marcus, or...
by Ricchan
Thu Nov 07, 2019 2:35 am
Forum: Personal Finance (Not Investing)
Topic: Excess Cash- What to do with it?
Replies: 14
Views: 1709

Re: Excess Cash- What to do with it?

Invest it like you would any other amount in your taxable account. By the end if you really have significantly more than you need, donate some of it to your alma mater-- not all of it, mind you, only enough so they name a building or two after you. Then spend the rest on something nice. :sharebeer
by Ricchan
Thu Nov 07, 2019 2:22 am
Forum: Personal Finance (Not Investing)
Topic: Turbotax 2019 on Amazon
Replies: 222
Views: 21072

Re: Turbotax 2019 on Amazon

If I remember correctly, last year I had to buy TurboTax Business for a Trust and TurboTax Deluxe for my personal taxes. Is that the same again this year? Also, apparently Merrill Edge offers $15 off TurboTax , although clicking on the "Learn More" link doesn't really give me any information; it jus...
by Ricchan
Wed Nov 06, 2019 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Delayed IRA Conversion for Backdoor Roth?
Replies: 10
Views: 679

Re: Delayed IRA Conversion for Backdoor Roth?

One thing to keep in mind about the reverse rollover (tIRA to 401k) is that the 401k plan most likely can only accept pre-tax money from the reverse rollover. So if you have both pre-tax basis and post-tax basis commingled in your tIRA, make sure you know what the rules are and exactly how much is i...
by Ricchan
Mon Nov 04, 2019 5:11 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

$15 initial deposit into the share account should be fine. They initially deposit an additional $10 into your account because they pay $10 of your $20 Pennsylvania Recreation and Park Society Membership fee. So, after a few days, they will withdrawal $20 from your account to pay for the membership f...
by Ricchan
Sun Nov 03, 2019 6:26 am
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

And then "Dormant Account - $2 a month". So, while you have add-on going on, it's all good and free, but once you stop, you pay $15 for stopping ACH plus $2 a month unless you make a habit of making a monthly call to PSECU or deposit/withdraw $ from the account. To avoid these charges, I'm guessing...
by Ricchan
Thu Oct 31, 2019 10:28 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12414
Views: 2147545

Re: U.S. stocks in free fall

I for one am kinda disgusted by bonds "doing well" this year. Yields are gross. I use the term "bonds doing well" as a reference to price. Although I could live on currents yields, I'm not taking any income yet so everything gets re-invested. :dollar Indeed, if you compare BND with VTI from Sept 20...
by Ricchan
Mon Oct 28, 2019 8:20 pm
Forum: Personal Consumer Issues
Topic: Vanguard Web Site Interface
Replies: 15
Views: 1352

Re: Vanguard Web Site Interface

It looks like the navigation menu data is being pulled via xhr from https://eus.vanguard.com/site-taxonomy/. That endpoint is not responding; it's returning a 503 error. So, it's probably a server problem (not a design decision) and probably won't be fixed until the server admins take a look at it. ...
by Ricchan
Sun Oct 27, 2019 10:30 am
Forum: Personal Consumer Issues
Topic: Online or software piano lessons
Replies: 18
Views: 1365

Re: Online or software piano lessons

If there's a music school or simply a college with music program nearby, you can probably find students who are willing to give lessons around your schedule. In person lessons are definitely important for teaching proper wrist and finger position. Otherwise, you might end up developing bad habits th...
by Ricchan
Sat Oct 26, 2019 9:39 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

I suppose, based on how you want to interpret these things, you could see it either as ~36 days of lost interest spread over the ~36 transfers, or 1 day of lost interest on the total sum of funds invested in the CD after the initial funding, amortized over 3 years. Pick whichever one makes you feel...
by Ricchan
Sat Oct 26, 2019 7:52 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

duricka wrote:
Sat Oct 26, 2019 7:44 pm
A noob question: is my p.s.e.c.u member account number the thing I use for direct deposit when they ask me for account number?
That's what I used.
by Ricchan
Sat Oct 26, 2019 7:31 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

I suppose, based on how you want to interpret these things, you could see it either as ~36 days of lost interest spread over the ~36 transfers, or 1 day of lost interest on the total sum of funds invested in the CD after the initial funding, amortized over 3 years. Pick whichever one makes you feel ...
by Ricchan
Sat Oct 26, 2019 4:22 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

If I take the sum of the "scores" using your system, instead of the average, it gives the total number of lost interest days for the period under consideration. The ranking results are the same, with 3, 7, 10 and 14 having 10 days of lost interest, 15th has 12, and 13th has 13. So the worst day has...
by Ricchan
Sat Oct 26, 2019 4:21 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

Note: a holiday affects the cost value of the next day, not the day itself. For example, for the Labor Day 9/7/2020 (Monday) that you mentioned, the cost value of 9/7/20 remains at 3. It is 9/8/20 which is adversely affected. It's cost value is now one plus the cost value of the prior day, giving i...
by Ricchan
Sat Oct 26, 2019 4:11 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

If I take the sum of the "scores" using your system, instead of the average, it gives the total number of lost interest days for the period under consideration. The ranking results are the same, with 3, 7, 10 and 14 having 10 days of lost interest, 15th has 12, and 13th has 13. So the worst day has...
by Ricchan
Sat Oct 26, 2019 1:16 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

I developed a simple spreadsheet to calculate the best day of the month to use assuming first add-on is in November 2019 and last is in December 2021. I gave a rank to each day, Monday = 0, Sunday = 1, Saturday = 2, and all other days = 3. I calculate the average of the day rankings, the goal being...
by Ricchan
Wed Oct 23, 2019 12:09 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

- Do CDs allow partial early withdrawal? (with proportional EW penalty) Their account disclosure seems to indicate they do. From https://www.psecu.com/-/media/files/pdf/share-information/2104.pdf (emphasis mine) Early Withdrawal Penalties - We impose a penalty if you withdraw any of the principal b...
by Ricchan
Mon Oct 21, 2019 7:00 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

HomeStretch wrote:
Mon Oct 21, 2019 6:22 pm
Ricchan wrote:
Mon Oct 21, 2019 2:26 pm
Did you experience the same thing where Marcus did not withdrawal the 2 trial deposits?
Marcus never withdrew the trial deposits when I linked two accounts this summer.
Thanks for the additional data point!
by Ricchan
Mon Oct 21, 2019 4:08 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

Same experience for me. Trial deposits showed up the next day. In process of doing the same thing with Marcus. However, trial deposits did not show up Friday (which was the next business day). I’ll check today when I get back in town. Someone else posted that it took two days with Marcus. Edit - Ju...
by Ricchan
Mon Oct 21, 2019 2:26 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

Same experience for me. Trial deposits showed up the next day. In process of doing the same thing with Marcus. However, trial deposits did not show up Friday (which was the next business day). I’ll check today when I get back in town. Someone else posted that it took two days with Marcus. Edit - Ju...
by Ricchan
Thu Oct 17, 2019 8:57 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

Just wanted to echo what others have said about PSECU phone support. I've called three times-- once to ask a question about their fee structure, once about their ACH, and once on a conference call with another bank for a wire transfer. All three times the service rep has been very friendly and helpf...
by Ricchan
Tue Oct 15, 2019 5:42 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

Since there have been several questions about PSECU's CD maturity options, I figured I'd just post a screenshot of the options available on their CD creation page to clear things up. https://i.imgur.com/SnI1s1X.png The last option, "Transfer the certificate funds to my shares," is basically transfer...
by Ricchan
Mon Oct 14, 2019 10:48 am
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

From the posts here, it sounds like you can't just provide PSECU with routing and account number of an external bank to fund the CD. I noticed there was no option to link an external bank account to my newly opened PSECU account on the PSECU website. I called PSECU and they said linking external ac...
by Ricchan
Wed Oct 09, 2019 2:08 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 406
Views: 47556

Re: Best CD rates thread

I signed up for a PSECU account on Monday. It was approved and activated today (Wednesday). I didn't call or do anything special.

Right now I'm waiting for my banks to verify my PSECU account through trial deposits, so I can eventually ACH money to PSECU to fund the CDs.
by Ricchan
Mon Oct 07, 2019 4:04 pm
Forum: Personal Investments
Topic: New Merrill Edge cash solutions (possibly?)
Replies: 38
Views: 5037

Re: New Merrill Edge cash solutions (possibly?)

I am staying put due to the credit card rewards boost I receive using Preferred Rewards. It's tough to beat 2.67% back on all purchases and even higher on dining/travel/costco/online purchases. I wish ME had better cash management solutions, but I will just keep buying BIL/SHV Sorry to go slightly ...
by Ricchan
Wed Oct 02, 2019 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Buying CDs at Vanguard vs Online Banks
Replies: 25
Views: 5026

Re: Buying CDs at Vanguard vs Online Banks

From what I've seen, brokered CDs tend to react to interest rate changes faster and more dramatically than retail bank CDs. Back when rates were rising in 2018, brokered CDs at Vanguard almost always had higher yields than those found at Ally, Synchrony, etc. Now that rates are falling, brokered CD ...
by Ricchan
Wed Sep 18, 2019 12:03 pm
Forum: Personal Consumer Issues
Topic: View email in browser
Replies: 5
Views: 667

Re: View email in browser

fru-gal wrote:
Tue Sep 17, 2019 1:39 pm
I'm using thunderbird. It claims to block images from senders not in my address book, but these are in my address book.
It's not about who the email is from, it's about where the content in the email (in this case images) is from.
by Ricchan
Tue Sep 10, 2019 5:20 pm
Forum: Personal Consumer Issues
Topic: Piano keyboard suggestion
Replies: 21
Views: 1845

Re: Piano keyboard suggestion

Yes, you want a keyboard with weighted keys. But it's not just the weight of the keys, it's also the slight resistance, or "bump," you feel as you press a key downward, often referred to as "escapement." This feeling exists in acoustic grands as the necessary result of a mechanism that allows the ha...
by Ricchan
Sun Sep 01, 2019 12:20 am
Forum: Personal Consumer Issues
Topic: Coffee becomes cold too soon
Replies: 119
Views: 10139

Re: Coffee becomes cold too soon

If I'm planning to finish my coffee within an hour, I use a double layered glass. In my case, I have a Bodum. I'm sure other brands are roughly equivalent. Be aware the glass can be fragile. I personally avoid dishwashers and metal spoons. https://www.amazon.com/Bodum-Pavina-Double-Wall-Insulate-Oun...
by Ricchan
Wed Aug 14, 2019 5:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12414
Views: 2147545

Re: U.S. stocks in free fall

I am just here to apologize, the free fall is all my fault today (or at least it feels like I am cursed that way). I just moved 10% from an annuity (pre Boglehead investment). I was temped to buy into my Total Stock Market fund, but my asset allocation said that I needed to buy bonds with that mone...
by Ricchan
Thu Aug 08, 2019 3:41 pm
Forum: Personal Consumer Issues
Topic: Amazon delivery
Replies: 32
Views: 3789

Re: Amazon delivery

I get that, but don't understand the logic between 1-10 day delivery. It just seems strange that a Disney toy is delivered in one day and vitamins in 9-10 days. But maybe I misunderstand the great availability of Disney toys. :-) In this case, I'm guessing it was sitting/waiting in a warehouse a fe...
by Ricchan
Thu Aug 08, 2019 3:26 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 2202
Views: 230810

Re: U.S. stocks continue to soar!

Doom&Gloom wrote:
Thu Aug 08, 2019 11:42 am
Dead cats bounce to the heavens!
Ah yes, the classic dead cat-that-turns-into-a-hot-air-balloon-before-hitting-the-ground-a-second-time bounce. While less well known than its sister phenomenon, taken together they accurately describe 100% of all rebounds. :D
by Ricchan
Thu Aug 08, 2019 1:14 pm
Forum: Personal Investments
Topic: So, I have a quarter of a million dollar CD coming due.
Replies: 27
Views: 4977

Re: So, I have a quarter of a million dollar CD coming due.

I think your plan is fine. Only thing I would add is, if you care about saving a few hundred dollars, put the cash into multiple no penalty CDs (e.g. Marcus's 13 month 2.35% no penalty CD). It pays more than money market funds currently, and MM yields have been falling . You can close out individual...
by Ricchan
Mon Aug 05, 2019 11:34 pm
Forum: Personal Investments
Topic: Ally & Marcus Dropping Some Interest Rates (Title Edited 8-8-19)
Replies: 59
Views: 8718

Re: Ally Dropping Interest Rate on their Online Savings Account 8-6-19

Not sure why y’all are opening no penalty cd @ 2.3% for 25k minimum balance. We opened raise your rate cd @ 2.5% no minimum balance. 2 benefits with raise your rate - for 2 year, early withdrawal is 2 months and for 4 year, it is 4 months; also if the rates do go up (unlikely), 2 year will give one...
by Ricchan
Mon Aug 05, 2019 6:12 pm
Forum: Personal Investments
Topic: Ally & Marcus Dropping Some Interest Rates (Title Edited 8-8-19)
Replies: 59
Views: 8718

Re: Ally Dropping Interest Rate on their Online Savings Account 8-6-19

A 0.20% change in a single drop is pretty large compared to other drops in the past. Maybe this is a sign that the decrease in rates is accelerating? Marcus had a drop from 2.25% to 2.15% in June. Synchrony had a drop from 2.25% to 2.15% in July. Discover had a drop from 2.10% to 2.05% in July, then...