Search found 2380 matches

by fortfun
Tue Nov 19, 2019 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)
Replies: 116
Views: 14951

Re: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)

rantk81 wrote:
Tue Nov 19, 2019 8:17 am
Marcus just dropped the interest rate on the savings account for me, from 1.9% to 1.7% (matching Ally.)
If I received the bonus, can I move it back to Ally without losing the bonus now?
by fortfun
Mon Nov 18, 2019 10:05 pm
Forum: Personal Consumer Issues
Topic: 2017 Toyota Highlander maintenance reminder is coming on even though oil change is not needed
Replies: 8
Views: 842

Re: 2017 Toyota Highlander maintenance reminder is coming on even though oil change is not needed

I change the oil, myself, in my Highlander once per year. Usually in July or August after we return from vacation. Full synthetic, new oil filter, and engine air filter. 11 years old with about 120k. So far not a single issue.
by fortfun
Mon Nov 18, 2019 3:54 pm
Forum: Personal Consumer Issues
Topic: OMG My New House is SO Drafty!
Replies: 40
Views: 4229

Re: OMG My New House is SO Drafty!

Your utility company should offer a free or low cost evaluation of your house. They will come in with a huge fan that they put over your front door and can determine where and how your house is leaking. They will be able to tell you where you'll get your biggest bang for your buck. If you tackle the...
by fortfun
Sun Nov 17, 2019 7:36 pm
Forum: Personal Consumer Issues
Topic: Toyota Highlander vs Subaru Ascent--Advice
Replies: 36
Views: 3552

Re: Toyota Highlander vs Subaru Ascent--Advice

Highlander. Have a 2009 with >100k miles. Very comfortable, Zero issues. I change the oil once a year. That's it. I've had a few friends with Subarus that have had problems. FWIW (which is not much!), I have a friend with a Highlander that has had several major issues including a transmission repla...
by fortfun
Sun Nov 17, 2019 6:03 pm
Forum: Personal Consumer Issues
Topic: Toyota Highlander vs Subaru Ascent--Advice
Replies: 36
Views: 3552

Re: Toyota Highlander vs Subaru Ascent--Advice

First I want to thank everyone who as responded. I appreciate the comments, suggestions and insights. I hadn't considered the Honda Pilot but will take a closer look. To answer an inquiry or two. I'm 6 foot tall. My current 2010 Subaru has decent leg room but I need to scrunch down to get into it a...
by fortfun
Sun Nov 17, 2019 4:14 pm
Forum: Personal Investments
Topic: Investing advice on rolling annuity over in ira
Replies: 2
Views: 148

Re: Investing advice on rolling annuity over in ira

I am 46 years old have vested pension bout 5500 at 62 ,have a annuity of 114000 new to investing not in need of the money, do I put it with a active manager or index funds and how much and the breakdown of percentages to invest where? Thanks I don't exactly understand your question/situation. I don...
by fortfun
Sun Nov 17, 2019 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Getting Credit Card Points from Mortgage?
Replies: 3
Views: 603

Re: Getting Credit Card Points from Mortgage?

Chlotron wrote:
Sun Nov 17, 2019 2:12 pm
Does anyone know a way to get credit card points by paying a mortgage where the rewards are greater than the fees? I have a 2% cash back Fidelity VISA and my mortgage is $4,000 per month.
I don't waste much time on cash back. I find the sign up bonuses are much more lucrative.
by fortfun
Sun Nov 17, 2019 3:47 pm
Forum: Personal Investments
Topic: IRA Investing Help Please!
Replies: 4
Views: 323

Re: IRA Investing Help Please!

From the wiki: With Fidelity, for example, you could construct a three-fund portfolio using: Fidelity ZERO Total Market Index Fund (FZROX) or Fidelity Total Market Index Fund (FSKAX) Fidelity ZERO International Index Fund (FZILX) or Fidelity Total International Index Fund (FTIHX) Fidelity U. S. Bond...
by fortfun
Sun Nov 17, 2019 11:38 am
Forum: Personal Investments
Topic: Why do you have to "beat the market"?
Replies: 93
Views: 5569

Re: Why do you have to "beat the market"?

Toons wrote:
Sun Nov 17, 2019 11:37 am
I have said that for decades,
If you have reached the land of financial independence
without doing so,
It makes no difference
whatsoever
:mrgreen:
And it could be the reason that you have :)
by fortfun
Sun Nov 17, 2019 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Which Life Insurance company to go with? And other questions
Replies: 18
Views: 1064

Re: Which Life Insurance company to go with? And other questions

I think all are safe. Listen to what Stinky says. Also, know that most states have their own guarantees/requirements with life insurance. i.e. if the company goes bankrupt, the state will at least pay a partial payout. If you are nervous, you could split the coverage between two companies.
by fortfun
Sun Nov 17, 2019 11:29 am
Forum: Personal Investments
Topic: Why do you have to "beat the market"?
Replies: 93
Views: 5569

Re: Why do you have to "beat the market"?

My problem isn't with the people on this forum alluding to the idea. However, I do have a problem with the Edward Jones' of the world using it as a marketing tactic, to vulnerable middle class workers that are just trying to save for their retirement, in order to take a 1.5% AUM and put their client...
by fortfun
Sat Nov 16, 2019 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Dental insurance covers 3 cleanings/yr?
Replies: 20
Views: 1873

Re: Dental insurance covers 3 cleanings/yr?

HEDGEFUNDIE wrote:
Sat Nov 16, 2019 9:39 pm
In reviewing my options during Open Enrollment, I discovered that my dental insurance covers 3 cleanings per calendar year!

I had no idea this was a thing. Any idea how common this is?
Mine has to be >6 months between cleaning.
by fortfun
Sat Nov 16, 2019 9:09 pm
Forum: Personal Consumer Issues
Topic: Tablet for 2 year old for long car trip
Replies: 27
Views: 1340

Re: Tablet for 2 year old for long car trip

We pretty much used audio books exclusively for all of our road trips. It has served us extremely well (since our kids were very little). I can do 18-24 hour drives with my 11 & 13 year old now. Something magical happens when kids listen to a story, holds their attention much longer than video (for ...
by fortfun
Sat Nov 16, 2019 9:01 pm
Forum: Personal Consumer Issues
Topic: Toyota Highlander vs Subaru Ascent--Advice
Replies: 36
Views: 3552

Re: Toyota Highlander vs Subaru Ascent--Advice

Highlander. Have a 2009 with >100k miles. Very comfortable, Zero issues. I change the oil once a year. That's it. I've had a few friends with Subarus that have had problems.
by fortfun
Sat Nov 16, 2019 8:36 pm
Forum: Personal Investments
Topic: Help me cash flow my retirement!- 2023-2028
Replies: 16
Views: 1404

Re: Help me cash flow my retirement!- 2023-2028

I'd recommend this book for your question (by Swedore and Grogan): https://www.amazon.com/Complete-Guide-Successful-Secure-Retirement/dp/0857197320 fortfun- I have this book by Larry and Kevin and agree it is excellent. I don't remember this particular question being addressed. :? Thanks! So much f...
by fortfun
Sat Nov 16, 2019 1:15 pm
Forum: Personal Investments
Topic: Help me cash flow my retirement!- 2023-2028
Replies: 16
Views: 1404

Re: Help me cash flow my retirement!- 2023-2028

I'd recommend this book for your question (by Swedore and Grogan):
https://www.amazon.com/Complete-Guide-S ... 0857197320
by fortfun
Thu Nov 14, 2019 4:46 pm
Forum: Investing - Theory, News & General
Topic: Why would a CPFA recommend high fee funds?
Replies: 37
Views: 1474

Re: Why would a CPFA recommend high fee funds?

If the HR person isn’t attending with you, be prepared (worst case) for the CPFA to not be “persuaded” despite your facts/eloquence to change his recommendations and for the HR person to decide to go with the “expert” recommendation. If you get that impression, perhaps you can draft a concise memo ...
by fortfun
Thu Nov 14, 2019 4:06 pm
Forum: Investing - Theory, News & General
Topic: Why would a CPFA recommend high fee funds?
Replies: 37
Views: 1474

Re: Why would a CPFA recommend high fee funds?

Consider: 1. Have the company decision-maker in the meeting or on the call with you. 2. You might want to find a white paper or two from Vanguard if there is one about how high ERs/fees are bad 3. Have the names handy of the companies/universities that have recently lost lawsuits brought by employe...
by fortfun
Thu Nov 14, 2019 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Should DW go down to 11 month contract?
Replies: 8
Views: 897

Re: Should DW go down to 11 month contract?

Ron Ronnerson wrote:
Thu Nov 14, 2019 10:59 am
I would not hesitate to do this. Time is important.
Thank RR!
by fortfun
Thu Nov 14, 2019 3:02 pm
Forum: Investing - Theory, News & General
Topic: Why would a CPFA recommend high fee funds?
Replies: 37
Views: 1474

Re: Why would a CPFA recommend high fee funds?

I would definitely voice concern to HR, etc. I did. HR is asking me to talk to this guy about what I recommend. I'm sure he will say my low fee funds are no good. You might want to focus on the S&P500 index fund. Vanguard offers one with a 0.04% expense ratio (vs the one in your plan at 0.54%). I d...
by fortfun
Thu Nov 14, 2019 2:37 pm
Forum: Investing - Theory, News & General
Topic: Why would a CPFA recommend high fee funds?
Replies: 37
Views: 1474

Re: Why would a CPFA recommend high fee funds?

Wow that is terrible, not even a low cost S&P 500 index fund (even in the crappy 401ks at prior employers there was always that). If I were you I would just buy those two vanguard funds, and in your TIRA/Roth IRA buy a large cap fund to offset (to approximate the Total U.S. Stock Market). Just goog...
by fortfun
Thu Nov 14, 2019 2:36 pm
Forum: Investing - Theory, News & General
Topic: Why would a CPFA recommend high fee funds?
Replies: 37
Views: 1474

Re: Why would a CPFA recommend high fee funds?

He gonna make lots of dinero. Not looking out for investors. He is supposed to be a "fiduciary" CFP https://alphacmg.com/team-member/mark-ell Sadly, being a fiduciary often doesn't mean much. Also, it can be legally meaningless in some situations, where an advisor must be a fiduciary with certain a...
by fortfun
Thu Nov 14, 2019 2:35 pm
Forum: Investing - Theory, News & General
Topic: Why would a CPFA recommend high fee funds?
Replies: 37
Views: 1474

Re: Why would a CPFA recommend high fee funds?

JAZZISCOOL wrote:
Thu Nov 14, 2019 2:06 pm

I would definitely voice concern to HR, etc.
I did. HR is asking me to talk to this guy about what I recommend. I'm sure he will say my low fee funds are no good.
by fortfun
Thu Nov 14, 2019 2:32 pm
Forum: Investing - Theory, News & General
Topic: Why would a CPFA recommend high fee funds?
Replies: 37
Views: 1474

Re: Why would a CPFA recommend high fee funds?

Your company should be very leery of offering predominantly high ER funds in its 401k plan. There have been lawsuits due to this in recent years. Who is the company person responsible for the 401k plan (likely CFO or VP Finance)? While it can make sense to use a fiduciary advisor to make fund choic...
by fortfun
Thu Nov 14, 2019 2:31 pm
Forum: Investing - Theory, News & General
Topic: Why would a CPFA recommend high fee funds?
Replies: 37
Views: 1474

Re: Why would a CPFA recommend high fee funds?

Dottie57 wrote:
Thu Nov 14, 2019 12:30 pm
He gonna make lots of dinero. Not looking out for investors.
Dottie, also this guy isn't the 457 provider, he just recommends the funds that we must use, to the provider. I don't think he is getting a kick back but who knows.
by fortfun
Thu Nov 14, 2019 1:42 pm
Forum: Investing - Theory, News & General
Topic: Why would a CPFA recommend high fee funds?
Replies: 37
Views: 1474

Re: Why would a CPFA recommend high fee funds?

Those are gross expenses. What are the net expense ratios? Sometimes different plans have different reimbursements/waivers that bring those down somewhat. The listed expenses here for the target date funds are high relatively to many, but they aren't insane compared to the options that many people ...
by fortfun
Thu Nov 14, 2019 1:42 pm
Forum: Investing - Theory, News & General
Topic: Why would a CPFA recommend high fee funds?
Replies: 37
Views: 1474

Re: Why would a CPFA recommend high fee funds?

Dottie57 wrote:
Thu Nov 14, 2019 12:30 pm
He gonna make lots of dinero. Not looking out for investors.
He is supposed to be a "fiduciary" CFP
https://alphacmg.com/team-member/mark-ell
by fortfun
Thu Nov 14, 2019 12:26 pm
Forum: Investing - Theory, News & General
Topic: Why would a CPFA recommend high fee funds?
Replies: 37
Views: 1474

Why would a CPFA recommend high fee funds?

A CPFA has selected funds with mostly high fees in my employer's 457 plan. Why would he do this and is there any recourse? My employer pays a company to select our fund choices. Empower retirement says my employer can pick any fund it wants. Here are the options in my 457. All have high fees besides...
by fortfun
Thu Nov 14, 2019 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Should DW go down to 11 month contract?
Replies: 8
Views: 897

Re: Should DW go down to 11 month contract?

We plan to retire in 4.5 years at 51 and 52. I will have a >70k/yr pension, with full spousal benefits, and 1.5% COLA at age 50. This will cover our living expenses. We should have 1.5M in savings by then for pleasure spending. This is the dream! The portfolio is doing the heavy lifting now :beer T...
by fortfun
Wed Nov 13, 2019 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Should DW go down to 11 month contract?
Replies: 8
Views: 897

Re: Should DW go down to 11 month contract?

Colorado13 wrote:
Wed Nov 13, 2019 10:05 am
Yes. You can afford it (kudos for the good work to get to this point) and the time spent with family is time you can't get back. Go for it!
Thanks Colorado13! Also, I like your state too :)
by fortfun
Tue Nov 12, 2019 11:53 pm
Forum: Personal Investments
Topic: New member, Portfolio review help
Replies: 7
Views: 734

Re: New member, Portfolio review help

You are young enough that you could get away with the Columbia Large Cap (100%). However, like Watty said, if you are changing jobs/states soon, you can put it into the TDF and roll it over to a Vanguard IRA when you change employers. Just ask Vanguard to help you with the rollover. Their TDF is abo...
by fortfun
Tue Nov 12, 2019 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Should DW go down to 11 month contract?
Replies: 8
Views: 897

Re: Should DW go down to 11 month contract?

Seems like a great life decision you will never regret. Go for it. Not certain from this or your other post how you will cover healthcare insurance when you retire so that is an open question to be addressed. Cheers Thanks for the input Silk McCue. The state's pension system offers a good plan but ...
by fortfun
Tue Nov 12, 2019 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Should DW go down to 11 month contract?
Replies: 8
Views: 897

Should DW go down to 11 month contract?

I'm a teacher with 1.5 months off in the summer, 2 weeks at xmas, 1 week spring break, plus the usual holidays. DW has a regular job with 24 days of vacation. We may be able to arrange an 11 month contract for her. This would allow her to enjoy most of the days off that the rest of us have (me and 2...
by fortfun
Tue Nov 12, 2019 6:54 pm
Forum: Personal Investments
Topic: Investing $140k in cash at 1k per week
Replies: 174
Views: 11633

Re: Investing $140k in cash at 1k per week

William Berstein, an expert in this area, recommends to DCA for no longer than 1 year. You can hear him say this on a podcast by Invest like a Boss. I believe Bill likes Value Averaging. But that is rarely discussed here. Value Averaging Wiki Interesting. I'm not familiar with it. Thanks for the li...
by fortfun
Tue Nov 12, 2019 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Will I be audited?
Replies: 51
Views: 4237

Re: Will I be audited?

I don't think there is anyone left working at the IRS to audit you. I think it has been gutted... Uh, no..... Internal Revenue Service Federal agency DescriptionThe Internal Revenue Service is the revenue service of the United States federal government. The government agency is a bureau of the Depa...
by fortfun
Mon Nov 11, 2019 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Will I be audited?
Replies: 51
Views: 4237

Re: Will I be audited?

I don't think there is anyone left working at the IRS to audit you. I think it has been gutted...
by fortfun
Mon Nov 11, 2019 5:25 pm
Forum: Personal Investments
Topic: Investing $140k in cash at 1k per week
Replies: 174
Views: 11633

Re: Investing $140k in cash at 1k per week

Hello :happy I have $140k in high yield saving accounts (FDIC insured) that pays me %2 - %2.20 in annual interest. My plan is to is transfer $1000 from my saving account to my brokerage account and buy $1000 worth of VTI every week . At this rate, it would take a bit more than 2.5 years to invest a...
by fortfun
Sun Nov 10, 2019 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: 529 for Housing Expense
Replies: 4
Views: 420

Re: 529 for Housing Expense

Can I rent a room in my primary home to my oldest son (in college to be a firefighter) and reimburse him the rent expense with a 529 Fund? Is that legal? If so, do I need to write up a lease contract? Search the forum. Someone posted something about this a couple of weeks ago. I think the answer wa...
by fortfun
Sun Nov 10, 2019 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Switching health insurances question
Replies: 2
Views: 261

Re: Switching health insurances question

I think you have 30 days to decide. I'd closely compare the 2 plans. As a teacher, I cancelled my plan (50 copay) to get on DWs family plans, since it covered me at no additional cost (10 copay). DW is on a HD HSA now, so I'm back on my teacher plan.
by fortfun
Sun Nov 10, 2019 5:26 pm
Forum: Investing - Theory, News & General
Topic: Tax Deferred : Taxable : Tax Free
Replies: 78
Views: 3938

Re: Tax Deferred : Taxable : Tax Free

90:3:7

With a pension, it is high time for us to utilize DWs Roth457.
by fortfun
Sun Nov 10, 2019 3:57 pm
Forum: Personal Investments
Topic: Dad is looking to move money out of Fisher Investments...need advice
Replies: 16
Views: 2949

Re: Dad is looking to move money out of Fisher Investments...need advice

How about this life strategy (conservative growth). That way, no re-balancing necessary.

https://investor.vanguard.com/mutual-fu ... file/VSCGX
by fortfun
Sun Nov 10, 2019 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Flight Delay in Europe
Replies: 20
Views: 1671

Re: Flight Delay in Europe

anonenigma wrote:
Sat Nov 09, 2019 12:56 pm
TravelforFun wrote:
Fri Nov 08, 2019 8:51 pm
3) we got paid for spending another day in the City of Lights. Sweet!
I believe that it's "City of Light" = la ville lumiere. It's a reference to enlightenment rather than actual lights.
Sort of like the "windy" city.
by fortfun
Sat Nov 09, 2019 8:58 pm
Forum: Personal Consumer Issues
Topic: Was I ripped off at the car dealership?
Replies: 73
Views: 6680

Re: Was I ripped off at the car dealership?

Probably a slow day at the shop. I had a dentist appointment like that once. Said my canine tooth needed to be filed down a bit. Never again...
by fortfun
Fri Nov 08, 2019 1:26 pm
Forum: Personal Consumer Issues
Topic: Should I Travel ot Ecuador?
Replies: 49
Views: 3504

Re: Should I Travel ot Ecuador?

DW and I are scheduled to fly to Ecuador in mid February for a trip to the Galapagos. Apparently there has been some issues there and currently there is a travel advisory due to "civil unrest". I have only sent a small deposit at this point but the full payment is due within three weeks, we do plan...
by fortfun
Thu Nov 07, 2019 8:26 pm
Forum: Personal Investments
Topic: Is there any vanguard fund similar to Target Retirement NOT so intl heavy??
Replies: 15
Views: 1440

Re: Is there any vanguard fund similar to Target Retirement NOT so intl heavy??

Why don't you just build your own? There's nothing inherently special about the TDFs other than the glide path, which you can do on your own Special: They rebalance themselves everday. You don't need to look at them, which means: You won't be tempted to tweak them. You won't panic and sell when the...
by fortfun
Thu Nov 07, 2019 7:46 pm
Forum: Personal Consumer Issues
Topic: Maximize 1 Day at Disney
Replies: 48
Views: 2685

Re: Maximize 1 Day at Disney

Get there early. Be first in line. Fast Pass. Go on a night that stays open late. Stay till closing. Sign in on the rides that allow you jump inline (might be part of fast pass). Skip the crazy long lines. Not sure if disney offers singleton lines but they are much faster at Universal and you often ...
by fortfun
Thu Nov 07, 2019 7:43 pm
Forum: Personal Consumer Issues
Topic: "Beer Money" Methods
Replies: 54
Views: 6850

Re: "Beer Money" Methods

Aside from credit card rewards and checking/savings account signup bonuses, are there any ways you accumulate small gifts/rewards with minimal effort? Example: With Bing Rewards, I redeem about $100 a year in Amazon gift cards from their Rewards program for using bing.com to do 30 internet searches...
by fortfun
Thu Nov 07, 2019 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Braces: Keeping cost down and insurance questions.
Replies: 29
Views: 3066

Re: Braces: Keeping cost down and insurance questions.

Ortho is written in dental plans as a separate lifetime maximum, so to make it simple, you could start orthodontist services late in the year, say November, and make sure your child is covered on one insurance plan. Submit the full amount, I am sure the ortho will be more than happy to bill it, mee...
by fortfun
Wed Nov 06, 2019 4:00 pm
Forum: Personal Consumer Issues
Topic: Anyone used Africa Travel Co for an overland tour?
Replies: 0
Views: 129

Anyone used Africa Travel Co for an overland tour?

Considering a 33 day overland tour from Kruger to Kenya. Reviews range from great to awful. Wonder if anyone here has done an overland tour, especially with Africa Travel Co (via On The Go Tours)? I understand this type of travel isn't for everyone but we enjoy a good adventure. Many thanks! Looking...