Search found 190 matches

by drummerboy
Tue Feb 23, 2021 4:19 pm
Forum: Personal Investments
Topic: Taxable Merrill Lynch acct
Replies: 6
Views: 356

Re: Taxable Merrill Lynch acct

I'm assuming that you opened a Merrill Edge account (not a full service Merrill Lynch account). Anyway, any ETFs trade for free on their platform. So if you are looking for a Total Stock Market fund, consider any one of these 3: VTI (Vanguard), ITOT (iShares), SCHB (Schwab). All work just fine in a...
by drummerboy
Tue Feb 23, 2021 4:02 pm
Forum: Personal Investments
Topic: Should a long term investor worry about a NAV decline of Total Bond?
Replies: 32
Views: 2847

Re: Should a long term investor worry about a NAV decline of Total Bond?

Should you worry? Especially if you are holding Total Bond for longer than it's duration?
No, you shouldn't worry.

Jason Zwieg wrote a great article about this years ago:
Five Myths of Bond Investing
by drummerboy
Tue Feb 23, 2021 3:53 pm
Forum: Personal Investments
Topic: Taxable Merrill Lynch acct
Replies: 6
Views: 356

Re: Taxable Merrill Lynch acct

I'm assuming that you opened a Merrill Edge account (not a full service Merrill Lynch account). Anyway, any ETFs trade for free on their platform. So if you are looking for a Total Stock Market fund, consider any one of these 3: VTI (Vanguard), ITOT (iShares), SCHB (Schwab). All work just fine in a ...
by drummerboy
Tue Feb 23, 2021 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Best decision(s) in your financial life
Replies: 138
Views: 9004

Re: Best decision(s) in your financial life

Obviously many Bogleheads principles are perfect: Low Fees, 3 or 4 Index Funds, Live below your means, start early, time in market, etc. I have two that have helped me a lot: Diversify out of company stock grants. I did this in the late 90s (just before the tech bubble burst) and diversified. Yes, I...
by drummerboy
Mon Feb 22, 2021 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab as a one stop shop
Replies: 93
Views: 16243

Re: Schwab as a one stop shop

Schwab as a one stop shop is a great choice. Low fees, great customer service, fantastic checking account. The Amex Platinum perk is great too once your assets grow. Getting $100 to $200 off a year makes this card very affordable with a lot of perks for traveling. The only thing Schwab doesn't have ...
by drummerboy
Sat Jan 30, 2021 8:04 pm
Forum: Personal Investments
Topic: Marcus or Ally
Replies: 170
Views: 19398

Re: Marcus or Ally

You can push ACH to Ally just fine. I push from Schwab and Marcus into Ally and see credit the next day.
by drummerboy
Fri Jan 29, 2021 8:01 pm
Forum: Investing - Theory, News & General
Topic: What is your overall portfolio weighted expense ratio
Replies: 299
Views: 34811

Re: What is your overall portfolio weighted expense ratio

My portfolio expense ratio is .06%

Quite a change from a decade ago when I used one of those big firm financial advisors paying 1-1.1%
by drummerboy
Fri Jan 29, 2021 7:57 pm
Forum: Personal Consumer Issues
Topic: Vaccum recommendation?
Replies: 43
Views: 2688

Re: Miele

Bogle7 wrote: Tue Jan 26, 2021 5:43 pm Miele Marin C3 Complete.
$1100
Worth it.
Sucks. Quiet. Lightweight. HEPA filter.
+1

Our Miele canister vacuum is great. The HEPA filter makes the air feel cleaner after vacuuming.
by drummerboy
Fri Jan 22, 2021 5:42 pm
Forum: US Chapters
Topic: Metro Atlanta Bogleheads Local Chapter
Replies: 133
Views: 44305

Re: Metro Atlanta Bogleheads Local Chapter

The February meeting will be Tuesday, February 9th: During this session we will be: Answering any questions of the members that join Share ideas regarding emergency kit, sharing information with spouse, etc Reviewing the list of upcoming meeting topics Updating our Distribution List! The Zoom meetin...
by drummerboy
Mon Jan 18, 2021 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Chase Private Client solicitation
Replies: 15
Views: 3077

Re: Chase Private Client solicitation

Every “perk” for Chase Sapphire Banking seems to be included in Schwab Bank Checking: No foreign transaction fee on ATM card All ATM fees reimbursed No fees for wires, bank checks, etc I was hoping that Sapphire Banking would add certain perks to their credit cards (e.g. make a Sapphire card earn 1 ...
by drummerboy
Fri Jan 15, 2021 8:12 pm
Forum: Personal Consumer Issues
Topic: Secure email provider
Replies: 23
Views: 1902

Re: Secure email provider

Fastmail is fantastic. I've been using them for 15 years. It supports many great features. Such as: Secure 2-Factor Access including hardware keys such as Yubikey. Keeping your email account secure is the most important thing you can do to prevent other accounts from being compromised. Fast mobile a...
by drummerboy
Thu Dec 17, 2020 6:37 pm
Forum: Personal Consumer Issues
Topic: Cord cutting 2020 - Youtube TV
Replies: 142
Views: 12809

Re: Cord cutting 2020 - Youtube TV

I had YouTube TV, only thing of value was live sports. I decided that even that wasn’t worth it. I now use the Channels DVR and Channels App on our AppleTV. I use an OTA antenna, and I get the 4 major networks recorded on my “home made” DVR (a Synology NAS / an old PC or MacMini would work great too...
by drummerboy
Tue Dec 08, 2020 11:15 am
Forum: Personal Consumer Issues
Topic: Are password managers safe to use?
Replies: 360
Views: 17515

Re: Are password managers safe to use?

I am open minded about these things. So here's a question about 1Password - suppose I choose to use it, having already established passwords for about 50 websites. Do I have to let 1Password know about those passwords or does it generate a new password for each of the sites when visited? When you s...
by drummerboy
Mon Dec 07, 2020 6:09 pm
Forum: Personal Consumer Issues
Topic: Are password managers safe to use?
Replies: 360
Views: 17515

Re: Are password managers safe to use?

No, that is not a possibility. 1Password simply does not have the keys to your password vault . Would it be more accurate to say that 1Password is not supposed to have the keys to your password vault? What happens if the owner of the password vault made their master key "1234" or "pa...
by drummerboy
Mon Dec 07, 2020 3:01 pm
Forum: Personal Consumer Issues
Topic: Are password managers safe to use?
Replies: 360
Views: 17515

Re: Are password managers safe to use?

Your email getting hacked is more problematic. There is probably a lot more personal data than you realize in your email. There is also the risk that with many of these mail providers that once you are locked out by a hacker, there is virtually no customer support available to help you get control ...
by drummerboy
Mon Dec 07, 2020 1:56 pm
Forum: Personal Consumer Issues
Topic: Are password managers safe to use?
Replies: 360
Views: 17515

Re: Are password managers safe to use?

1Password is much safer than trying to manage encryption yourself. End users are notorious for screwing that up. You are far more likely to mess up the encryption of your USB drive—or use a drive with flawed encryption to begin with—than 1Password is to be compromised. Rolling your own DIY security...
by drummerboy
Sun Nov 15, 2020 12:30 pm
Forum: US Chapters
Topic: Metro Atlanta Bogleheads Local Chapter
Replies: 133
Views: 44305

Re: Metro Atlanta Bogleheads Local Chapter

I apologize for the 1 week delay for our January meeting. The January meeting will be next Tuesday: During this session we will be: Answering any questions of the members that join Share ideas regarding emergency kit, sharing information with spouse, etc Reviewing the list of upcoming meeting topics...
by drummerboy
Tue Nov 10, 2020 8:18 pm
Forum: US Chapters
Topic: Metro Atlanta Bogleheads Local Chapter
Replies: 133
Views: 44305

Re: Metro Atlanta Bogleheads Local Chapter

Some links for the articles we discussed tonight: Mega Backdoor Roth: https://www.madfientist.com/after-tax-contributions/ Bond Tent prior to Retirement: https://www.kitces.com/blog/managing-portfolio-size-effect-with-bond-tent-in-retirement-red-zone/ 0% Capital Gains Rate: https://www.kitces.com/bl...
by drummerboy
Tue Nov 10, 2020 6:18 pm
Forum: US Chapters
Topic: Metro Atlanta Bogleheads Local Chapter
Replies: 133
Views: 44305

Re: Metro Atlanta Bogleheads Local Chapter

See all of you Atlanta folks tonight on Zoom for the meeting
by drummerboy
Mon Nov 02, 2020 7:24 am
Forum: Personal Consumer Issues
Topic: Improving Wi-Fi coverage: Use existing Cat5e and MoCA? [Solved]
Replies: 87
Views: 5967

Re: Improving Wi-Fi coverage: Use existing Cat5e and MoCA?

Eero mesh lets you commingle wired and wireless backhaul. I have one room that has no Ethernet pull, and putting it in would be a PITA; wireless unit there works fine. Eero doesn’t have a built-in switch as such, but there are two Ethernet jacks; one for the backhaul and one for other devices (in s...
by drummerboy
Mon Oct 26, 2020 12:40 pm
Forum: Personal Consumer Issues
Topic: IMac Gmail viewing problem
Replies: 7
Views: 572

Re: IMac Gmail viewing problem

At the start of this there was a game ,world of cubes,that we could not delete.It would take over 100 pct of the screen like the mail,and it would always show on the side of the screen if we were on a different page. Sorry if this is confusing. It seemed to all start with this game. It sounds like ...
by drummerboy
Mon Oct 26, 2020 12:36 pm
Forum: Personal Consumer Issues
Topic: Help me Buy iMac for $1,000 range?
Replies: 9
Views: 815

Re: Help me Buy iMac for $1,000 range?

I always buy Apple Certified Refurbished. Apple hides it a bit on their store (you have to scroll to the very bottom of every page). You can buy an iMac for just over $1k there....

https://www.apple.com/shop/refurbished/mac/imac
by drummerboy
Mon Oct 26, 2020 10:59 am
Forum: US Chapters
Topic: Metro Atlanta Bogleheads Local Chapter
Replies: 133
Views: 44305

Re: Metro Atlanta Bogleheads Local Chapter

We are going to have the next meeting in November. This will be the Tuesday evening following election day. During this session we will be: Answering any questions of the members that join Sharing my lessons learned in preparation for retirement Reviewing the list of upcoming meeting topics The Zoom...
by drummerboy
Tue Oct 06, 2020 4:42 pm
Forum: US Chapters
Topic: Metro Atlanta Bogleheads Local Chapter
Replies: 133
Views: 44305

Re: Metro Atlanta Bogleheads Local Chapter

We are going to have the next meeting in October. We are going to try a new day of week / time to hopefully allow more of the members to join. During this session we will be: Answering any questions of the members that join Gathering topic suggestions for future meetings Reviewing some great resour...
by drummerboy
Fri Sep 25, 2020 4:56 pm
Forum: US Chapters
Topic: Metro Atlanta Bogleheads Local Chapter
Replies: 133
Views: 44305

Re: Metro Atlanta Bogleheads Local Chapter

We are going to have the next meeting in October. We are going to try a new day of week / time to hopefully allow more of the members to join. During this session we will be: Answering any questions of the members that join Gathering topic suggestions for future meetings Reviewing some great resourc...
by drummerboy
Wed Sep 16, 2020 2:48 pm
Forum: Personal Consumer Issues
Topic: Too Many Monthly Digital Subscriptions - Time for Apple One?
Replies: 25
Views: 2713

Re: Too Many Monthly Digital Subscriptions - Time for Apple One?

I didn't realize News+ includes the WaPo and WSJ, that greatly increases the appeal to me. I was incorrect. Here’s what is included in Apple News+ : “ Along with more than 300 magazines, Apple News+ includes paywalled subscription content from the following newspapers: The Wall Street Journal, Los ...
by drummerboy
Wed Sep 16, 2020 8:06 am
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 17004

Re: Coping with Megacorp rat race

It's hard to understand what you have until you sample something else. I've worked at MegaCorps, a federal contractor, startups, and (now) for myself. Each have their advantages and disadvantages: I didn't understand the value of working for and with people I like until I worked for and with people...
by drummerboy
Wed Sep 16, 2020 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Potential Retirement Relocation - Tampa, Clearwater Florida area
Replies: 13
Views: 1105

Re: Potential Retirement Relocation - Tampa, Clearwater Florida area

Flood insurance is a must for the locations near the ocean. Humility101 Please can you explain, whether we do need to purchase the flood insurance or I read somewhere there is no flood insurance, so we are on our own if there is a flood ? Researching this topic. Here's some helpful information rega...
by drummerboy
Wed Sep 16, 2020 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Potential Retirement Relocation - Tampa, Clearwater Florida area
Replies: 13
Views: 1105

Re: Potential Retirement Relocation - Tampa, Clearwater Florida area

Other friends suggest north of Orlando such as Lake Mary as well... Florida is a big state. What do you like to do? What are you wanting to fill your days with during your (early) retirement? That will dictate where you should look. Lake Mary compared to St. Petersburg compared to Delray Beach are ...
by drummerboy
Tue Sep 15, 2020 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Potential Retirement Relocation - Tampa, Clearwater Florida area
Replies: 13
Views: 1105

Re: Potential Retirement Relocation - Tampa, Clearwater Florida area

I lived in Tampa for 20 years. It's a nice area. YES, you should consider Flood Insurance. Some locations it is either expensive or doesn't cover much of what you need. Do your homework. Hurricanes are a very real thing. Expect one a year that is too close for comfort. Tampa hasn't been hit by a dir...
by drummerboy
Tue Sep 15, 2020 7:29 pm
Forum: Personal Consumer Issues
Topic: Too Many Monthly Digital Subscriptions - Time for Apple One?
Replies: 25
Views: 2713

Re: Too Many Monthly Digital Subscriptions - Time for Apple One?

I dropped YouTube TV. The AppleOne bundle makes sense (with Fitness) for my family. I'm already paying for the 2TB storage tier and AppleMusic Family. Apple News+ does not have the New York Times, but it does have the Washington Post and the WSJ. We now use the Channels app on our AppleTV and iPad. ...
by drummerboy
Wed Aug 26, 2020 9:29 pm
Forum: Personal Consumer Issues
Topic: password manager for a couple
Replies: 16
Views: 1234

Re: password manager for a couple

1Password. Easy to use. Share with each other through their secure cloud.
by drummerboy
Wed Aug 26, 2020 9:24 pm
Forum: Personal Consumer Issues
Topic: Question about Password Managers
Replies: 74
Views: 3934

Re: Question about Password Managers

LastPass does far better on the paid side is there password checkups, that's the one big knock I have on 1Password is it doesn't have anything like that. Once you start using the password checkup tools it's an eye opener just how bad your various passwords are. 1Password does have a feature like th...
by drummerboy
Wed Aug 26, 2020 6:41 pm
Forum: Personal Consumer Issues
Topic: Question about Password Managers
Replies: 74
Views: 3934

Re: Question about Password Managers

Many hacks occur because many people use the same id and password for different sites. So, assume Target or Sports Illustrated get hacked and thousands of id/password pairs get taken. The hackers then run those id/password pairs against, for instance, a thousand known major sites - e.g. banks, brok...
by drummerboy
Wed Aug 26, 2020 6:21 pm
Forum: Investing - Theory, News & General
Topic: Salesforce Price Run-Up Challenges DJIA Selection
Replies: 8
Views: 855

Re: Salesforce Price Run-Up Challenges DJIA Selection

I used to pay attention to the Dow. I don't anymore. Now that I own a broad-based market-cap weighted fund, I just let it ride and don't worry if I'm missing something.
by drummerboy
Fri Aug 07, 2020 6:57 pm
Forum: Personal Consumer Issues
Topic: Any Chase Sapphire Reserve cardholders planning on cancelling?
Replies: 92
Views: 9494

Re: Any Chase Sapphire Reserve cardholders planning on cancelling?

I think I'll replace it with an Amex Gold. That's what I ended up doing (plus Bank of America Preferred Rewards). Amex Gold - Groceries and Dining 4% (but that uplifts when I typically transfer to Delta and get 1.3 to 1.7 per point in value) BofA Cash Rewards - 5.25% on specific categories (Online ...
by drummerboy
Mon Aug 03, 2020 7:26 am
Forum: Personal Consumer Issues
Topic: Any Chase Sapphire Reserve cardholders planning on cancelling?
Replies: 92
Views: 9494

Re: Any Chase Sapphire Reserve cardholders planning on cancelling?

I wish the CSR would keep the 5% on Groceries forever. That would change my mind. I agree. The CSR only had the 5% on groceries for May and June. The CSR's 5% categories for the third quarter are not useful to me. More groceries would have been better. We won't know the fourth quarter until late Se...
by drummerboy
Sun Aug 02, 2020 6:29 pm
Forum: Personal Consumer Issues
Topic: Any Chase Sapphire Reserve cardholders planning on cancelling?
Replies: 92
Views: 9494

Re: Any Chase Sapphire Reserve cardholders planning on cancelling?

Downgrading ours to a Freedom card when it comes up for renewal in November. BofA Premium Rewards is turning out to be much more lucrative.

I wish the CSR would keep the 5% on Groceries forever. That would change my mind.
by drummerboy
Fri Jul 31, 2020 9:27 pm
Forum: Investing - Theory, News & General
Topic: Disappointed with Fidelity's Online Interface
Replies: 87
Views: 10080

Re: Disappointed with Fidelity's Online Interface

If I had to rank them: Schwab has the cleanest account interface. Their menu structure is a bit confusing to find what you want to research, but it is clean and easy to read, find cost basis, etc. Nice Mobile App too. Fidelity. A bit busy, but overall it works. NetBenefits (for 401k) is another stor...
by drummerboy
Wed Jul 22, 2020 6:44 am
Forum: Personal Consumer Issues
Topic: Recommend 3 southern locales to retire!
Replies: 86
Views: 9943

Re: Recommend 3 southern locales to retire!

I think it depends upon your definition of "retirement". You want to be close to the water, why? Do you like the beach, boating? Warm weather? Here in the south it gets warm and very humid (especially in Charleston, Savannah and all of Florida). If you want more life and vibrancy, consider...
by drummerboy
Mon Jun 15, 2020 7:19 am
Forum: US Chapters
Topic: Metro Atlanta Bogleheads Local Chapter
Replies: 133
Views: 44305

Re: Metro Atlanta Bogleheads Local Chapter

Looking forward to the next online Atlanta meeting!
by drummerboy
Sat May 30, 2020 6:22 am
Forum: Personal Consumer Issues
Topic: I'm evaluating Quicken 2019 vs Personal Capital
Replies: 20
Views: 3178

Re: I'm evaluating Quicken 2019 vs Personal Capital

You should consider YNAB.

Use YNAB for budgeting. Use a spreadsheet for Investment tracking (like Google Sheets, you can even add formulas to automatically pull the latest ETF/Fund prices)

YNAB excels at actually helping you control your spending, not just track and categorize it.
by drummerboy
Sun May 24, 2020 6:31 pm
Forum: Personal Investments
Topic: where to park $150k?
Replies: 6
Views: 1188

Re: where to park $150k?

2 to 3 years. The question is liquidity. If it's for a house, I'd say park it at Ally or Marcus in a CD. If you want flexibility, buy 3 or 4 CDs, so if you have to withdraw funds early for a portion, you keep the rest intact. It's a very different thing if you are looking to park cash until you incr...
by drummerboy
Tue May 19, 2020 5:53 pm
Forum: Investing - Theory, News & General
Topic: Where to park cash in Fidelity?
Replies: 94
Views: 12127

Re: Where to park cash in Fidelity?

Fidelity could offer a similar product, or use banks to do so, through cash management accounts. Fidelity does offer something (where they have partnered with other banks to provide the deposit accounts). Unfortunately, the yields are not good. Schwab and others pull it off. No reason Fidelity coul...
by drummerboy
Tue May 12, 2020 11:43 am
Forum: Personal Investments
Topic: Marcus or Ally
Replies: 170
Views: 19398

Re: Marcus or Ally

Marcus Savings is now 1.30% Ally Savings is now 1.25% I have accounts at both. My CDs are at Marcus. Not a big difference between the two. Marcus is typically .05% higher, but that is fairly insignificant unless we are talking really big balances. Marcus does same day transfers. Your money is rarely...
by drummerboy
Thu May 07, 2020 5:36 pm
Forum: Personal Consumer Issues
Topic: iPad.. worth it?
Replies: 49
Views: 3406

Re: iPad.. worth it?

Yes. iPads are worth it. The least expensive ones are great just as a media viewer (movies, reading, surfing the web). The iPad Pro comes really close to a full laptop replacement. It's become my primary computer. I use a keyboard and a mouse with it when I need to really type for a long period of t...
by drummerboy
Sat Apr 18, 2020 3:28 pm
Forum: Investing - Theory, News & General
Topic: Negative interest rates and Present Value
Replies: 19
Views: 1035

Re: Negative interest rates and Present Value

Does this make annuities (SPIA or Deferred) more attractive given the low rate environment?

Since your bonds aren’t earning anything, they can still serve as ballast to the portfolio, but not income.
by drummerboy
Fri Apr 17, 2020 6:02 am
Forum: Investing - Theory, News & General
Topic: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate
Replies: 622
Views: 32964

Re: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate

Regarding SPIA taxation (Non-Qualified)... If I've purchased an SPIA using after-tax dollars, when I start to receive income distributions I'm only taxed on the earnings "the exclusion ratio". Is this income considered ordinary income or a capital gain? Just curious how it could potentiall...
by drummerboy
Wed Apr 15, 2020 8:03 pm
Forum: Investing - Theory, News & General
Topic: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate
Replies: 622
Views: 32964

Re: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate

FWIW, a 55 year old male, that has about 30 years on a life expectancy table, can buy a SPIA right now paying just shy of $48,000 (effectively a 4.4% withdrawal rate) fixed/nominal for as long as he lives. A portfolio would need to earn a little more than 2.5% a year to amortize out making those pa...