Search found 161 matches

by Tommy
Tue Dec 10, 2019 1:22 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1012
Views: 107706

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]

No need to sell before transfer. Actually it might not be true. I was transferring from Optum Bank to Fidelity and sold investment, although they told me that everything will be liquidated automatically. Turns out that after I sold and before Fidelity initiated transfer, dividend was posted in inve...
by Tommy
Tue Dec 10, 2019 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 shaking up savings accounts
Replies: 37
Views: 13022

Re: Capital One 360 shaking up savings accounts

One thing I noticed earlier this week is that Cap One 360 dropped the rate on their Money Market Market fund significantly down to 1.5% but the Performance Savings account remained at 1.8%. That was enough to motivate me to open a new account Performance Account and transfer MMA funds completely ov...
by Tommy
Wed Nov 27, 2019 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Just Bought an Annuity
Replies: 188
Views: 20525

Re: Just Bought an Annuity

After months of consideration, we pulled the trigger last month and bought an annuity policy from New York Life. We chose: - The premium of $250K because this is the limit the Texas Life & Health Insurance Guaranty Association would cover. - TravelforFun How do you buy this insurance? You need to a...
by Tommy
Sat Nov 16, 2019 3:20 pm
Forum: Personal Investments
Topic: Stable Value vs.Money Market
Replies: 3
Views: 556

Stable Value vs.Money Market

My 401K Offers Stable Value with ER 0.54% and yield 2.15% and Vanguard FMM with ER 0.11% and yield 1.8%.
Looks like from $10000 invested Stable value returns $215 and it will cost $54 - earning $161
MM - returns $180 - $11 ER = $169.
Does my calculation correct? Am I missing something or not count?
by Tommy
Thu Nov 14, 2019 12:02 am
Forum: Investing - Theory, News & General
Topic: Rich people are hoarding cash
Replies: 153
Views: 23639

Re: Rich people are hoarding cash

sl5050 wrote:
Tue Nov 12, 2019 12:44 pm
How do rich people actually hoard cash if the FDIC only insures up to 250k?
I really doubt that somebody with 1M has 250K in cash - unless somebody retired , lives on SS/pension and keeping 75% in stock and 25% in cash.
by Tommy
Wed Nov 13, 2019 11:56 pm
Forum: Investing - Theory, News & General
Topic: Rich people are hoarding cash
Replies: 153
Views: 23639

Re: Rich preparing for market drop

Mr.BB wrote:
Tue Nov 12, 2019 9:40 am
Can you find me an article like that from 2007? I would be more impressed with that.
I do remember similar article around 2015- that crash is coming and rich people hoarding cash
by Tommy
Thu Nov 07, 2019 1:33 pm
Forum: Personal Investments
Topic: Anyone ever appeal their Wells Fargo Advisors termination fee?
Replies: 10
Views: 1203

Re: Anyone ever appeal their Wells Fargo Advisors termination fee?

WF charged $40 to move 401K to Vanguard IRA.
by Tommy
Fri Oct 25, 2019 2:01 pm
Forum: Personal Investments
Topic: Does Fidelity have a performance view?
Replies: 45
Views: 3611

Re: Does Fidelity have a performance view?

I called them couple days ago. First rep told me that she has no idea what is it. Second was trying to help but majority of my investment in NetBenefits and she said it couldn't count toward 250K requirement - I need to have > 250K in brokerage. So, despite having much more that 250K in Fidelity I c...
by Tommy
Wed Oct 02, 2019 3:28 pm
Forum: Personal Investments
Topic: FXNAX - a no-brainer in Flagship Vanguard IRAs?
Replies: 10
Views: 892

Re: FXNAX - a no-brainer in Flagship Vanguard IRAs?

FXNAX - Exp Ratio (Gross) 0.025%
Not 0.25%
by Tommy
Tue Oct 01, 2019 4:03 pm
Forum: Personal Consumer Issues
Topic: Mouse in the house
Replies: 46
Views: 4525

Re: Mouse in the house

Cat. But it should be female. Males might not catch
by Tommy
Tue Oct 01, 2019 11:53 am
Forum: Investing - Theory, News & General
Topic: "Are You Using Your Target-Date Fund Wrong?"
Replies: 15
Views: 2639

Re: "Are You Using Your Target-Date Fund Wrong?"

Don't see any issues in mixing as soon as AA combined is what you want
by Tommy
Tue Sep 24, 2019 11:44 am
Forum: Investing - Theory, News & General
Topic: Bond bubble
Replies: 22
Views: 2097

Re: Bond bubble

Assuming interest rate stays low for long time - means low inflation. Does it mean that TIPS are obsolete? What will be reason to keep TIPS in low inflation environment?
by Tommy
Mon Sep 23, 2019 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Quiz: How Well Do You Know Social Security
Replies: 37
Views: 3557

Re: Quiz: How Well Do You Know Social Security

6 out of 9:(
But what I didn't know - Are Social Security benefits subject to federal taxes?
This is surprise to me - I thought that SS exempt from federal taxes.
by Tommy
Thu Aug 08, 2019 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Dept Outsourced - Job Worries - Need your Advises
Replies: 69
Views: 7398

Re: Dept Outsourced - Job Worries - Need your Advises

If you DBA - presumably good SQL try to ramp up on R\Python and start looking for Data Analyst\Data Scientist, although those jobs will be soon outsourced as well. Also you can try to move to Business Analyst where required SQL\Big Data skills , sometimes it mix between Data and Business Analyst - i...
by Tommy
Tue Aug 06, 2019 11:59 am
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 247
Views: 19532

Re: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"

what bring another question - if one interested in dividends why not long term bonds or even high yield? Sure, price fluctuate a lot but dividends stays.
by Tommy
Mon Jul 08, 2019 2:27 pm
Forum: Investing - Theory, News & General
Topic: Americans believe they need $1.7 million, on average, to retire
Replies: 284
Views: 30907

Re: Americans believe they need $1.7 million, on average, to retire

$1.7M per individual or per couple? Includes home value? With or without pension? Yes and also are we talking 65+ (Medicare eligible) or earlier and having to worry about other health insurance? Agree. If both people 65+ , have SS and Medicare this is very good number. It will allow pretty comforta...
by Tommy
Tue Jun 18, 2019 11:34 am
Forum: Personal Investments
Topic: Best place for temp cash in Fidelity HSA?
Replies: 11
Views: 1283

Re: Best place for temp cash in Fidelity HSA?

lilyn20 wrote:
Mon Jun 17, 2019 6:43 pm
Have you looked at SPRXX? That's the one I use in my HSA and Cash Management Account (7-day yield 2.14%).
SPRXX - 0.42% Expense Ration - isn't it too much? If compare with Vanguard MM
by Tommy
Mon Jun 17, 2019 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: With hindsight, what signs indicated you were about to lose your job?
Replies: 127
Views: 13334

Re: With hindsight, what signs indicated you were about to lose your job?

Unless company closed office or eliminated department completely - all other lay-offs are personal. Saw it many times, even if I wasn't impacted. Usually - economy good, competitors hiring - we need to hire too (even if no more people needed). Economy bad - competitors lay-off people, we need to do ...
by Tommy
Fri Apr 12, 2019 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating to Seattle from Baltimore Area
Replies: 86
Views: 4750

Re: Relocating to Seattle from Baltimore Area

:sharebeer Have you spent much time in Seattle? I lived there for a bit over a year and I’m originally from the east coast. I moved there for the outdoors and loved the nature, scenery, hiking, and skiing within a short distance of the city. What I hated about it and ultimately led me to leave was ...
by Tommy
Wed Apr 10, 2019 11:24 am
Forum: Personal Consumer Issues
Topic: About to buy a 2019 Mazda CX-5. To turbo or not to turbo...
Replies: 72
Views: 6195

Re: About to buy a 2019 Mazda CX-5. To turbo or not to turbo...

My problems with turbo are:
Less reliable - by 100K turbo usually has some issues
Less durable - saw a lot of engines with 200K millage. Never seen turbo with this millage.
Oil burning (don't know Mazda but VW has this problem)
by Tommy
Wed Apr 03, 2019 3:40 pm
Forum: Investing - Theory, News & General
Topic: Capital gain taxes
Replies: 2
Views: 503

Capital gain taxes

This topic is not about politics despite title of the article below Saw today this article https://www.foxbusiness.com/financials/key-democrat-pushes-new-tax-on-wealthy-targeting-unrealized-capital-gains What I'm trying to understand from this article: Make Capital Gains taxed as Ordinary Income - ...
by Tommy
Wed Mar 13, 2019 3:28 pm
Forum: Personal Investments
Topic: VG platform: What Other means in AA?
Replies: 14
Views: 790

Re: VG platform: What Other means in AA?

saw Other yesterday - they put Star and TR in this category...Unfortunately quality of software goes down...but this is another topic :(
by Tommy
Sun Mar 03, 2019 2:28 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4137
Views: 1187791

Re: What Book Are You Currently Reading? Part VI

Currently reading: “What Would Happen if the President of the USA Went Stark-Raving Mad”? subtitle: Night of Camp David Author: Fletcher Knebel I am reading this as well. Was originally published in 1965. Author also wrote "Seven Days in May" Seven Days in May I liked. Will download this one and se...
by Tommy
Wed Feb 27, 2019 2:46 pm
Forum: Personal Investments
Topic: Does anyone own gold?
Replies: 108
Views: 12314

Re: Does anyone own gold?

My grandfather was buying gold coins (note it was illegal in Soviet Union) but his distrust to Soviet currency overwhelmed possible punishment :). So, when Soviet Union collapsed, and currency became worthless I was able to sold coins for $$ and get out of there. So, gold sometimes is nice to have. ...
by Tommy
Tue Feb 26, 2019 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax and Vanguard: Importing information
Replies: 7
Views: 793

Re: Turbotax and Vanguard: Importing information

Don't click on Vanguard icon. Type Vanguard and you need to select Brokerage Account.
by Tommy
Thu Feb 21, 2019 12:56 pm
Forum: Personal Investments
Topic: Fidelity which small cap fund?
Replies: 3
Views: 517

Re: Fidelity which small cap fund?

you can buy DISSX Dreyfus Small Cap Stock Index Fund Investor Shares what invest in S&P 600. Through Fidelity is No Transaction Fee
by Tommy
Wed Feb 20, 2019 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Question
Replies: 4
Views: 568

Re: Tax Question

Thanks everybody who replied. My understanding that when you buy ESPP with discount some amount (discount?) added to income on W2. Because of this Fidelity sends supplemental information but it is very confusing. I did search web and a lot of people have the same issue and while pretty much all agre...
by Tommy
Tue Feb 19, 2019 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Question
Replies: 4
Views: 568

Tax Question

I received a 1099-B and a supplemental stock plan lot detail which cost basis should I use? The one on the 1099B or the adjusted cost basis on the supplemental form? Basically I sold 2 lots f my ESPP from former employer that I had since 2000. on 1099-B 1e Cost or Other Cost Basis is one number (let...
by Tommy
Fri Dec 28, 2018 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Implications of parents paying off child's mortgage
Replies: 22
Views: 2191

Re: Implications of parents paying off chid's mortgage

Maybe this is naive question - but how on earth IRS will know if I bought (pay-off) house for the child? You would report it or else get caught in tax fraud for non reporting during an audit. Since there is a paper trail a mile wide it would be really easy..... Still not getting - today my child ha...
by Tommy
Fri Dec 28, 2018 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Implications of parents paying off child's mortgage
Replies: 22
Views: 2191

Re: Implications of parents paying off chid's mortgage

Maybe this is naive question - but how on earth IRS will know if I bought (pay-off) house for the child?
by Tommy
Tue Nov 20, 2018 9:20 pm
Forum: Investing - Theory, News & General
Topic: ETF in IRA
Replies: 6
Views: 495

ETF in IRA

Does someone keep ETF in IRA? If so, how it is works? In particular if you need to add new investment (my understanding that you cannot have automated investment plan with ETF) and dividends re-investment? I was thinking to add VIOO (S&P Small-Cap 600 ETF) since Vanguard doesn't have similar fund (w...
by Tommy
Sun Nov 04, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: Yield in bond funds
Replies: 2
Views: 502

Yield in bond funds

Can somebody explain how bond funds dividends get calculated?
Fidelity index bond fund has yeld 3.35%, paid 0.0226 dividends and share price $11.06.
11.06 * 0.0035 = 0.038
Apparently this is not the way how it calculates. So, what 3.35% really mean?
by Tommy
Wed Sep 05, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: The Fate of the Euro
Replies: 14
Views: 1804

Re: The Fate of the Euro

We are going to politics, what is forbidden by forum policy, but I didn't start this topic :) Twice (at least twice) in modern history there were attempts to unite Europe. Both times England and Russia prevented this (last time with US help). Nothing changed since, especially after USSR collapsed. U...
by Tommy
Wed Aug 29, 2018 11:23 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Full View transition to eMoney
Replies: 157
Views: 24123

Re: Fidelity Full View transition to eMoney

I'm sure the "can't add Vanguard" is a goof. Fido knows many customers have accounts with their low-cost competitors Schwab and Vanguard. Especially 401ks where we can't choose our provider. Terrible, we probably have to wait a full month (till 20 Sept, at least) for the dust to settle. Agree this ...
by Tommy
Mon Aug 20, 2018 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Full View
Replies: 7
Views: 1901

Re: Fidelity Full View

Problem with this new view that it very buggy, to say at least. It cannot recognize investment in Fidelity 401K - listed them as unknown, TIPS categorized as Investment grade bond. When I see bugs like that I'm always thinking - whom do I trust money :(
by Tommy
Mon Jul 23, 2018 8:47 pm
Forum: Personal Investments
Topic: Help with IRA
Replies: 1
Views: 203

Help with IRA

I'll need to move my old 401 in Fidelity to IRA - they started to charge some extra adviser fee. I'm 59 - not very stable employment(after last year layoff cannot find full time job, contracts only). Although, unless something goes really wrong, I'm not planning to use those money until I will be 70...
by Tommy
Mon Jun 25, 2018 9:05 pm
Forum: Investing - Theory, News & General
Topic: Fidelity portfolio advisory services
Replies: 39
Views: 10177

Re: Fidelity portfolio advisory services

Larry2623 wrote:
Mon Jun 25, 2018 2:56 pm
I gave them a portion around $450k and I will pay .9% with no other fees except expense fees on funds and etfs and they are very low
Do you mean Fidelity Go? O.35% management fee including fund expenses
by Tommy
Wed Mar 21, 2018 9:44 pm
Forum: Investing - Theory, News & General
Topic: When it comes to financial goals, define short term, medium term and long term?
Replies: 20
Views: 1629

Re: When it comes to financial goals, define short term, medium term and long term?

On long term we all dead. So, real long term could be funeral expenses but do you really care? :)
by Tommy
Thu Mar 08, 2018 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA and Form 1095-C
Replies: 3
Views: 654

Re: COBRA and Form 1095-C

Look in Part 3 (if Employer provided self-insured coverage...)of 1095-C. If box checked, below will be months covered by company and cobra.
by Tommy
Sat Jan 06, 2018 9:40 pm
Forum: Personal Investments
Topic: A Tale of Two 529 Plans or Don't Worry It Will All Work Out
Replies: 14
Views: 6319

Re: A Tale of Two 529 Plans or Don't Worry It Will All Work Out

I bought Vanguard 529 when child was 8 years old. I invested in 2 Age based portfolios - one aggressive - one Income, so now , when she is almost 18 her 529 has 10% stocks - it is not grows much but shouldn't lose much if market to crash tomorrow. I didn't count those assets as part of retirement, a...
by Tommy
Tue Dec 26, 2017 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: EU Passport For Cheap College and Other Benefits
Replies: 52
Views: 4678

Re: EU Passport For Cheap College and Other Benefits

The Norwegian government has made a list of which they consider good enough to pay extra for (scroll down and click on the name of the country, and the list will pop up): https://www.lanekassen.no/nb-NO/Stipend-og-lan/Utland/Hvor-mye/Stotte-til-skolepenger/skolepenger-utenfor-norden/Tilleggsstipend...
by Tommy
Tue Dec 26, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: EU Passport For Cheap College and Other Benefits
Replies: 52
Views: 4678

Re: EU Passport For Cheap College and Other Benefits

The Norwegian government has made a list of which they consider good enough to pay extra for (scroll down and click on the name of the country, and the list will pop up): https://www.lanekassen.no/nb-NO/Stipend-og-lan/Utland/Hvor-mye/Stotte-til-skolepenger/skolepenger-utenfor-norden/Tilleggsstipend...
by Tommy
Tue Dec 26, 2017 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: EU Passport For Cheap College and Other Benefits
Replies: 52
Views: 4678

Re: EU Passport For Cheap College and Other Benefits

Rating of US Universities much higher that other in the world (there are some exception of course). Unless you getting in the top universities (Oxford, Cambridge, Sorbonne and similar) I don't see any point in education outside US. For some reason millions people from other countries coming to US u...
by Tommy
Mon Dec 25, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: EU Passport For Cheap College and Other Benefits
Replies: 52
Views: 4678

Re: EU Passport For Cheap College and Other Benefits

Rating of US Universities much higher that other in the world (there are some exception of course). Unless you getting in the top universities (Oxford, Cambridge, Sorbonne and similar) I don't see any point in education outside US. For some reason millions people from other countries coming to US un...
by Tommy
Thu Dec 21, 2017 9:46 pm
Forum: Personal Investments
Topic: Will vanguard automatically divide the "auto investment" into the current year?
Replies: 4
Views: 431

Re: Will vanguard automatically divide the "auto investment" into the current year?

it does. When you setup auto investment for IRA, Vanguard divide your max yearly contribution (based on age) by number of months remaining in the year.Starting January it will be 12 months.
by Tommy
Sat Nov 25, 2017 3:57 pm
Forum: Personal Investments
Topic: Backdoor Roth question
Replies: 1
Views: 313

Backdoor Roth question

I know that there are a lot of threads on this topic, but I want to be absolutely sure when I'm dealing with taxes (had some bad experience with IRS, don't want take any chances) 1. I had 401K for the part of 2017. I opened Traditional IRA in Vanguard and contributed $6050 (additional 450 I'm planni...
by Tommy
Thu Nov 09, 2017 12:29 am
Forum: Personal Consumer Issues
Topic: Coffee makers: Moka, French Press, etc.
Replies: 64
Views: 6692

Re: Coffee makers: Moka, French Press, etc.

Moka + Illy coffee. For many years.
by Tommy
Sat Aug 05, 2017 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One -- Again!
Replies: 59
Views: 15459

Re: Capital One -- Again!

I haven't had any issues (yet) with their credit card, but I have withdrawn all of my cash from the checking/saving/money market accounts. It became increasingly difficult to add a joint owner to the account, their IT security continually was wanting to send me one-time codes to access my accounts,...
by Tommy
Sun Jul 30, 2017 3:19 pm
Forum: Investing - Theory, News & General
Topic: "Why Don’t Vanguard’s Target Retirement and LifeStrategy Funds Own Admiral Shares?"
Replies: 37
Views: 6486

Re: "Why Don’t Vanguard’s Target Retirement and LifeStrategy Funds Own Admiral Shares?"

Finally, that makes sense. So this is just a function of Vanguard's cost structure and costs incurred. I suspect that most of the investors who are attracted to the TR and LS funds do not have adequate balances to buy admiral shares in multiple funds. If they did, I suspect that's the route they'd ...
by Tommy
Wed Jul 26, 2017 9:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]
Replies: 129
Views: 38126

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

Are those funds will replace existing or they are addition? Not clear why create 2 new funds with more international exposure, why not add more international to existing?