Search found 1526 matches

by BogleMelon
Sun Dec 16, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 27
Views: 1820

Re: Fidelity as a one stop shop

Why don't you use Schwab for all your needs? That's what we do. I thought about that, but Schwab lack one important fund to me: extended market index. I need this fund in my Roth because the only good index fund in my 401K is S&P 500 fund. I prefer to own the whole market not just the top 500 compa...
by BogleMelon
Sat Dec 15, 2018 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 27
Views: 1820

Re: Fidelity as a one stop shop

OP here, on more question, does Vanguard charges any fees to rollover my Roth out to Fidelity?
by BogleMelon
Sat Dec 15, 2018 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 27
Views: 1820

Re: Fidelity as a one stop shop

Why don't you use Schwab for all your needs? That's what we do. I thought about that, but Schwab lack one important fund to me: extended market index. I need this fund in my Roth because the only good index fund in my 401K is S&P 500 fund. I prefer to own the whole market not just the top 500 compa...
by BogleMelon
Sat Dec 15, 2018 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 27
Views: 1820

Re: Fidelity as a one stop shop

The cash management account allows you to purchase their money market fund, SPRXX, yielding around 2.1%. It will automatically sell some to cover ATM withdrawals, any checks you write, or any bills you pay. Thanks for your response. About this, I was told by chat rep that I cant buy MMF or any fund...
by BogleMelon
Sat Dec 15, 2018 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 27
Views: 1820

Re: Fidelity as a one stop shop

The cash management account allows you to purchase their money market fund, SPRXX, yielding around 2.1%. It will automatically sell some to cover ATM withdrawals, any checks you write, or any bills you pay. Thanks for your response. About this, I was told by chat rep that I cant buy MMF or any fund...
by BogleMelon
Sat Dec 15, 2018 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 27
Views: 1820

Fidelity as a one stop shop

I am thinking of moving my Roth (currently at Vanguard), Charles Schwab checking and Ally saving all to Fidelity to simplify my life. My 3 questions are: 1- How to do such setup in Fido to maintain the same privileges as Charles and Ally? In other words how to have an alternative to checking with al...
by BogleMelon
Sat Dec 15, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: I made a mistake by not selling when the market was high this year
Replies: 87
Views: 6287

Re: I made a mistake by not selling when the market was high this year

Yes, I did the same mistake. I should have checked my crystal ball and know that the market would go down, but I was lazy to check it! I did more horrible mistakes actually, 6 years ago I should have bought Netflix share, and 3 years ago I should have bought a lot of bitcoins. I am so bad when it co...
by BogleMelon
Fri Dec 14, 2018 10:59 pm
Forum: Personal Consumer Issues
Topic: New York camera stores, online purchases
Replies: 16
Views: 934

Re: New York camera stores, online purchases

+1 to B&H, bought a DSLR, price was fair, few days later I saw the same camera sold with an extra battery and a memory card. I chatted with CS and they instantly approved shipping a free battery and a card to match the offer that I have missed
by BogleMelon
Fri Dec 14, 2018 6:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8615
Views: 1680278

Re: U.S. stocks in free fall

Let us look on the bright side of life. With stocks in free-fall REITs are now paying 6% dividends/return of capital. at&t is also paying 6% dividends. Why do you think dividends are relevant? If one were to buy REITs today, that money will earn 6%. REITS are in a class of their own. Dividends/inco...
by BogleMelon
Fri Dec 14, 2018 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Moving from Schwab to another bank
Replies: 31
Views: 1340

Re: Moving from Schwab to another bank

I switched from Schwab to Alliant Credit Union. Better interest rates , plenty of ATM fee reimbursement, awesome credit card (Signature Visa), and they have a network of ATMs where you can deposit cash. I'm happy with the change. slightly better. 0.65% Vs 0.35% is not that much specially for a chec...
by BogleMelon
Fri Dec 14, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8615
Views: 1680278

Re: U.S. stocks in free fall

J G Bankerton wrote:
Thu Dec 13, 2018 3:47 pm
Let us look on the bright side of life. With stocks in free-fall REITs are now paying 6% dividends/return of capital. at&t is also paying 6% dividends.
Why do you think dividends are relevant?
by BogleMelon
Fri Dec 14, 2018 4:37 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2342
Views: 1472726

Re: The Three-Fund Portfolio

This is probably a very rookie question (and if it's misplaced, apologies in advance) - but what is the advantage of going with a three-fund portfolio (US equity/non-US equity/fixed income) vs. a single target fund? An example: for people who doesn't have an access to a good bond fund in their 401K...
by BogleMelon
Fri Dec 14, 2018 11:15 am
Forum: Investing - Theory, News & General
Topic: Will the 2008 recession help avoid severity of the next recession?
Replies: 39
Views: 2247

Re: Will the 2008 recession help avoid severity of the next recession?

I disagreed. FAANG has a long way to go before the stock price is reasonable. By definition, growth stocks are priced 'high'. Apparently the market believes that these stocks are worth what they're priced at. Verizon announced severance for 10,400 employees. China is slowing down big time. The impa...
by BogleMelon
Fri Dec 14, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Anyone have a Simple checking account?
Replies: 9
Views: 831

Re: Anyone have a Simple checking account?

I haven't tried this myself, but considering it.. https://orionfcu.com/checking/ it is a checking account in a credit union that pays 4% on the first $30,000. You can still be qualified even not living in these areas mentioned in the website, if you donate, or asked the bank to donate to specific or...
by BogleMelon
Fri Dec 14, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: 20 Year Guaranteed Term Non Smoker Life Insurance
Replies: 14
Views: 654

Re: 20 Year Guaranteed Term Non Smoker Life Insurance

My father has an existing 20 Year Guaranteed Term Non Smoker life insurance policy from Brighthouse financial/life insurance. The policy is for $250,000 and he is asking me if he should keep paying it. I have no clue about these instruments... He is 70 years old and the policy cost is almost $6,000...
by BogleMelon
Thu Dec 13, 2018 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Does Total International Bond Index Fund necessary
Replies: 4
Views: 312

Re: Does Total International Bond Index Fund necessary

Is it necessary? IMO, no. won't its returns get even worse when the rates start to go higher? No one knows nothing. Same thing used to be said on US total bond fund. Yet, it continue to beat inflation and have a decent reward given the level of its risk. If the LS fund is simple enough for you, don'...
by BogleMelon
Thu Dec 13, 2018 9:13 am
Forum: Personal Consumer Issues
Topic: How to tell if online watches are legit?
Replies: 15
Views: 999

Re: How to tell if online watches are legit?

awval999 wrote:
Wed Dec 12, 2018 6:22 pm


If a deal is too good to be true, it probably is.

Any deal compared to the MSRP would be too good to be true.
by BogleMelon
Wed Dec 12, 2018 9:45 pm
Forum: Investing - Theory, News & General
Topic: Rebalance market timing - a good idea?
Replies: 7
Views: 607

Re: Rebalance market timing - a good idea?

Let's say it's time to rebalance due to whatever your criteria is: calendar date or bands. First you recognize that you need to rebalance fund A into fund B. However, wait until the ratio of fund A:fund B is the highest its been in the last year or so, to get the best transfer rate. Unlike buying o...
by BogleMelon
Wed Dec 12, 2018 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Can I transfer 2019 IRA money to Vanguard right now so I can put it in Jan 2?
Replies: 26
Views: 2412

Re: Can I transfer 2019 IRA money to Vanguard right now so I can put it in Jan 2?

You could take it a step further and invest it in the taxable account now at the same asset allocation you will use in January once it's moved into the IRA. For example, if 2019's IRA contribution will go to 50/50 Total US Stock and Total Int'l Stock, you could put $3,000 each into VTSAX and VTIAX ...
by BogleMelon
Wed Dec 12, 2018 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Can I transfer 2019 IRA money to Vanguard right now so I can put it in Jan 2?
Replies: 26
Views: 2412

Re: Can I transfer 2019 IRA money to Vanguard right now so I can put it in Jan 2?

You could take it a step further and invest it in the taxable account now at the same asset allocation you will use in January once it's moved into the IRA. For example, if 2019's IRA contribution will go to 50/50 Total US Stock and Total Int'l Stock, you could put $3,000 each into VTSAX and VTIAX ...
by BogleMelon
Wed Dec 12, 2018 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Can I transfer 2019 IRA money to Vanguard right now so I can put it in Jan 2?
Replies: 26
Views: 2412

Re: Can I transfer 2019 IRA money to Vanguard right now so I can put it in Jan 2?

You could take it a step further and invest it in the taxable account now at the same asset allocation you will use in January once it's moved into the IRA. For example, if 2019's IRA contribution will go to 50/50 Total US Stock and Total Int'l Stock, you could put $3,000 each into VTSAX and VTIAX ...
by BogleMelon
Wed Dec 12, 2018 10:29 am
Forum: Personal Finance (Not Investing)
Topic: learning excel
Replies: 21
Views: 1947

Re: learning excel

If you prefer a 1 on 1 tutoring, you may consider wyzant.com
I used it before for excel tutoring, but was on the tutor side. I quit because the rate was so cheap for me after the company cut.
by BogleMelon
Wed Dec 12, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: 4% APY credit unions
Replies: 6
Views: 977

4% APY credit unions

Hi, Just wanted to know what people here think of those credit unions and banks that give 4% APY and sometimes higher interest on your money in the account, but up to specific limit (i.e: simple interest not compounding). It of course comes with hoops and loops such as xx debit card transactions per...
by BogleMelon
Wed Dec 12, 2018 8:44 am
Forum: Investing - Theory, News & General
Topic: Is there any market that is not inflated?
Replies: 58
Views: 3581

Re: Is there any market that is not inflated?

According to the Shiller model, the SP500 PE ratio is currently at 21.5 (http://www.multpl.com/). The problem with buying indexes is that you have to buy the bad as well as the good. Can you teach me how to buy just the good companies? If anybody knows how to identify the good companies, he wouldn'...
by BogleMelon
Tue Dec 11, 2018 9:52 am
Forum: Investing - Theory, News & General
Topic: "The 10 Worst Places To Get Investing Advice"
Replies: 59
Views: 7158

Re: "The 10 Worst Places To Get Investing Advice"

keepingitsimple wrote:
Mon Dec 10, 2018 10:57 pm
19. Anyone who says they know a guy who is an expert at investing.
I have a friend who would introduce me that way to his friends!
by BogleMelon
Mon Dec 10, 2018 11:04 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Rep: Don't use target date because you can't time the market.
Replies: 19
Views: 2580

Re: Fidelity Rep: Don't use target date because you can't time the market.

In a phone call this afternoon, a Fidelity rep recommended not using target date funds because they automatically adjust and I wouldn't be able to time the market and rebalance during a dip. Thoughts??? Ok, first of all, the reason to rebalance during a dip is not to time the market, the reason is ...
by BogleMelon
Sat Dec 08, 2018 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Best Re-balancing technique . . .
Replies: 20
Views: 1393

Re: Best Re-balancing technique . . .

Is it best to FIRST rebalance each of the USA funds with other USA funds, international with other international funds, and THEN between USA & International? (Since some are ETF's, that might get messy). No, just rebalance each fund according to its target percentage independently. It is the same t...
by BogleMelon
Thu Dec 06, 2018 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Am I over complicating my EF?
Replies: 3
Views: 453

Re: Am I over complicating my EF?

Our checking account is usually very lean because I just don't see much need for funds there. If you really want money now, I find that a combination of hard cash and a couple of credit cards from different issuers is hard to beat, and the former in particular has come in very handy on several occa...
by BogleMelon
Thu Dec 06, 2018 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Am I over complicating my EF?
Replies: 3
Views: 453

Am I over complicating my EF?

Below are the list for my EF and checking accounts: - Charles Schwab checking: Main checking account (around $5K), also like their no ATM fees worldwide and I use it. - BoA checking: Keeping a minimum balance of $100! Having a small amount of my paycheck directed there to avoid monthly fees. Reasons...
by BogleMelon
Wed Dec 05, 2018 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Schwab user. Where should I put my Emergency Fund?
Replies: 19
Views: 1888

Re: Schwab user. Where should I put my Emergency Fund?

I use Ally savings for emergency and also keep small balance in Ally checking. One day transfer from savings to checking . Checks and debit card tied to checking with $1000 atm limit. I keep $1000 in checking and the bulk of it in savings. I also have some in Vanguard Prime MM with $250 minimum che...
by BogleMelon
Wed Nov 28, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: Is good, quality luggage worth the price?
Replies: 88
Views: 5542

Re: Is good, quality luggage worth the price?

I wouldn't buy anything expensive when others (airline employees in this case) have access to handle it beyond my sight, while i have zero chance to hold them liable for the damage.
by BogleMelon
Wed Nov 28, 2018 1:17 pm
Forum: Personal Consumer Issues
Topic: Charity in the accumulation phase- Now vs. Later
Replies: 24
Views: 954

Re: Charity in the accumulation phase- Now vs. Later

I can not tell you what to do with your money, there is no a right or wrong answer here. Only you can know what you really want to do. But being reluctant to give money before I've reached my goals. can you really guarantee that you will live till you reach your goal? I personally prefer to make giv...
by BogleMelon
Tue Nov 27, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Rent v. buy in NYC
Replies: 34
Views: 3539

Re: Rent v. buy in NYC

I agree. Rent is not "throwing money away" completely. Buying is not either "saving and investing money for long term" always. You can use this calculator to decide what works best for you: https://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html Keep in mind that these calculators a...
by BogleMelon
Tue Nov 27, 2018 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Savings Goals - Split or one goal at a time
Replies: 22
Views: 926

Re: Savings Goals - Split or one goal at a time

I actually do use YNAB...been using it since the original classic version (not on the cloud version yet where I have to pay a fee to use it)... But don't you have to take into consideration return rates, risk, and other factors...which YNAB doesn't do? For your goals (10 years and lower), I wouldn'...
by BogleMelon
Tue Nov 27, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: paying off all but 1 dollar of CC
Replies: 83
Views: 8205

Re: paying off all but 1 dollar of CC

I have heard it said that you will build your credit score faster by not paying off your credit cards completely. Rather, pay all but 1 dollar of the balance in order to incur some interest charges. This supposedly helps your credit, according to Intuit among other random places I have heard it. Is...
by BogleMelon
Tue Nov 27, 2018 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Savings Goals - Split or one goal at a time
Replies: 22
Views: 926

Re: Savings Goals - Split or one goal at a time

Looking for theories on the best way to fund savings goals...meaning should I focus on one goal until it's complete, or split the money and fund a little bit to each goal at the same time. Goal 1: has no definitive time horizon, basically just general savings to use for non-recurring things (home i...
by BogleMelon
Tue Nov 27, 2018 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: LastPass Questions
Replies: 27
Views: 1742

Re: LastPass Questions

I have a free account, my DW has her free account as well. We share almost all of the sites together across the accounts without the need to pay! Not sure what the premium feature would add! The phone app, which autofills into most other apps (and then gives you access to paste passwords if it does...
by BogleMelon
Tue Nov 27, 2018 1:31 pm
Forum: Personal Consumer Issues
Topic: Gabi Insurance
Replies: 1
Views: 320

Re: Gabi Insurance

I just found it after Facebook showed an Ad for me. I am trying it now. Not sure of the results but will see.. Have you tried them?
by BogleMelon
Tue Nov 27, 2018 8:24 am
Forum: Personal Finance (Not Investing)
Topic: LastPass Questions
Replies: 27
Views: 1742

Re: LastPass Questions

I have a free account, my DW has her free account as well. We share almost all of the sites together across the accounts without the need to pay! Not sure what the premium feature would add!
by BogleMelon
Sat Nov 24, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Should I drop Geico Umbrella that I have just bought?
Replies: 17
Views: 1398

Re: Should I drop Geico Umbrella that I have just bought?

ResearchMed wrote:
Sat Nov 24, 2018 10:01 am

But as I already mentioned, you need a licensed agent who can help coordinate ALL policies,
Thank you. What is the best way to find one?
by BogleMelon
Sat Nov 24, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Should I drop Geico Umbrella that I have just bought?
Replies: 17
Views: 1398

Re: Should I drop Geico Umbrella that I have just bought?

RudyS wrote:
Sat Nov 24, 2018 9:35 am
I'd ask my agent that question.
I have no agent.
by BogleMelon
Sat Nov 24, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Should I drop Geico Umbrella that I have just bought?
Replies: 17
Views: 1398

Should I drop Geico Umbrella that I have just bought?

Hi, I am renting my apartment, and have a renter insurance in place that meets the minimum of the Umbrella insurance policy ($300,000 liability). After buying Geico umberlla while reviewing the execlusions, I noticed the following would be execluded: 7) Property damage to: a..... b..... c. Property ...
by BogleMelon
Thu Nov 22, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: "Investing" conversations at work
Replies: 32
Views: 4349

Re: "Investing" conversations at work

lostdog wrote:
Thu Nov 22, 2018 10:24 am
We're a rare breed.
Couldn't agree more!
Simple, effective, cheap and proven philosophy, however for some reason people fail to see the light, when they get introduced to it!
by BogleMelon
Thu Nov 22, 2018 9:12 am
Forum: Local Chapters and Bogleheads Community
Topic: Happy Thanksgiving to all
Replies: 19
Views: 1011

Re: Happy Thanksgiving to all

My first thanksgiving in the US (6 years ago) was a day I can't forget. It was right after I got an approval to legally change my status and become a permanent resident (now a US citizen). This country treated me fair, and I can proudly call it home. Each thanksgiving is a special day for me and my ...
by BogleMelon
Thu Nov 22, 2018 9:07 am
Forum: Personal Consumer Issues
Topic: AAA vs. GEICO for Roadside Assistance--Help Me Decide!
Replies: 53
Views: 7650

Re: AAA vs. GEICO for Roadside Assistance--Help Me Decide!

Another point, sure it's easy to change a tire but we have motorists killed all the time changing tires on the freeway shoulder. I would never change my tire on the freeway, even with a large shoulder. Someone drunk, tired, etc. can come right off the road and road, hit me, and that's it. Just not ...
by BogleMelon
Thu Nov 22, 2018 8:29 am
Forum: Personal Consumer Issues
Topic: AAA vs. GEICO for Roadside Assistance--Help Me Decide!
Replies: 53
Views: 7650

Re: AAA vs. GEICO for Roadside Assistance--Help Me Decide!

Nissanzx1 wrote:
Thu Nov 22, 2018 8:18 am
I have had several flats that I've changed on my own on the roadside in 10 minutes.
How cold your country/state could be during the winter? For me, I know how to change a tire, but would pay $500 to someone to change it for me when the temperatures goes down below 30's F!
by BogleMelon
Wed Nov 21, 2018 1:50 pm
Forum: Personal Consumer Issues
Topic: Geico Vs Stillwater for umbrella policy?
Replies: 6
Views: 424

Geico Vs Stillwater for umbrella policy?

I am shopping for an umbrella policy ($1M). I have my auto policy with Geico. They are quoting me $240/yr. I contacted AAA to get another quote, and they sent me a quote from a company called Stillwater that is way cheaper ($160/yr for $1M or $240 for $2M)! I can see that the financial rating of Sti...
by BogleMelon
Tue Nov 20, 2018 1:45 pm
Forum: Personal Consumer Issues
Topic: AAA vs. GEICO for Roadside Assistance--Help Me Decide!
Replies: 53
Views: 7650

Re: AAA vs. GEICO for Roadside Assistance--Help Me Decide!

So my AAA Plus (roadside service) membership is renewal bill is due in three days. Is is $129 for a year, and allows tows of up to 100 miles per incident. But a few months ago, we started using GEICO auto insurance, and they provide roadside assistance for no additional cost. We've been buying the ...
by BogleMelon
Tue Nov 20, 2018 12:44 pm
Forum: Personal Consumer Issues
Topic: AAA vs. GEICO for Roadside Assistance--Help Me Decide!
Replies: 53
Views: 7650

Re: AAA vs. GEICO for Roadside Assistance--Help Me Decide!

I have currently (AAA Plus) with my wife. Bought it last year on a discounted rate. If I am going to renew it this June, the website shows me I would pay $200 for both of us :shock: This is not reasonable for me. Let alone that their web site is really cluttered and hard to navigate. It is not poss...
by BogleMelon
Tue Nov 20, 2018 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Current Retirees: Do you touch your principal?
Replies: 79
Views: 8242

Re: Current Retirees: Do you touch your principal?

Watty wrote:
Mon Nov 19, 2018 12:16 am


2) When interest rates and inflation are high your interest and dividends may be well above the safe withdrawal rate for someone that is your age. You could spend too much and risk running out of money.
How can you run out of money if you limit your spending to only dividends and interest?