Search found 169 matches

by Nthomas
Thu Nov 12, 2020 3:22 pm
Forum: Personal Investments
Topic: Self Directed Plan Option - Schwab PCRA
Replies: 3
Views: 282

Re: Self Directed Plan Option - Schwab PCRA

My medical practice has the option of Schwab PCRA. I love it since I am comfortable making my own investment decisions. Not many elect to use it though but I love that it's an option for those that do.
by Nthomas
Wed Jul 29, 2020 8:50 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7867
Views: 770363

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

How is the tax cost ratio of UPRO and TMF lower than PTI? 0.15, 0.25, and .7 respectively. Are they appropriate for a taxable account?
by Nthomas
Tue Jun 23, 2020 7:54 pm
Forum: Personal Investments
Topic: IJS vs. SLYV for small value?
Replies: 12
Views: 813

Re: IJS vs. SLYV for small value?

Also, if you decide to go with VIOV later on, there's no tax consequence for exchanging in a Roth IRA. Either will serve you will. IJS vs. SLYV for small value in a Roth IRA? IJS, with an expense ratio of 25bps, would clearly be inferior to either VIOV or SLYV at 15bps. Does IJS still have the edge...
by Nthomas
Fri May 08, 2020 11:05 pm
Forum: Investing - Theory, News & General
Topic: Trading Baskets of Stocks
Replies: 27
Views: 1816

Re: Trading Baskets of Stocks

If you need the simplicity, Motif investing changes either $20 for real-time trades of a basket of stocks, or $10 if you're willing to be batched in with other trades. Motif is also going out of business. So.... I don’t recommend going that route. Schwab is buying Motif and they explicitly state it...
by Nthomas
Fri May 08, 2020 4:34 pm
Forum: Investing - Theory, News & General
Topic: Trading Baskets of Stocks
Replies: 27
Views: 1816

Re: Trading Baskets of Stocks

If you need the simplicity, Motif investing changes either $20 for real-time trades of a basket of stocks, or $10 if you're willing to be batched in with other trades. Motif is also going out of business. So.... I don’t recommend going that route. Schwab is buying Motif and they explicitly state it...
by Nthomas
Fri May 08, 2020 4:11 pm
Forum: Investing - Theory, News & General
Topic: Introducing Schwab Stock Slices™ – Designed to Make Investing Easier and More Accessible
Replies: 45
Views: 6332

Re: Introducing Schwab Stock Slices™ – Designed to Make Investing Easier and More Accessible

Schwab is buying Motif and they explicitly state it is so they can offer thematic investing and direct indexing. https://www.barrons.com/articles/charles-schwab-buys-motifs-technology-51588886300 https://riabiz.com/a/2020/5/7/to-leapfrog-ahead-in-direct-indexing-schwab-to-buy-motif-technology-and-hi...
by Nthomas
Fri Dec 20, 2019 5:46 pm
Forum: Investing - Theory, News & General
Topic: Schwab Announcement: "Intelligent Income"
Replies: 22
Views: 3313

Re: Schwab Announcement: "Intelligent Income"

I like letting Schwab robo-advisor customers as well as those asleep at the wheel on their non-robo account cash balances pay for all the goodies I get at Schwab. Just got a nice fat refund deposited of all ATM fees for pesos in Mexico a few weeks ago. :beer Which Schwab credit card gives you free ...
by Nthomas
Fri Oct 18, 2019 4:39 pm
Forum: Personal Investments
Topic: Transfer ETF's in-kind from Vanguard to Schwab?
Replies: 22
Views: 1931

Re: Transfer ETF's in-kind from Vanguard to Schwab?

Just transferred VTI from VG to Schwab. Took 4 days. Pulled from Schwab (online request for account transfer).
by Nthomas
Thu Oct 17, 2019 7:49 pm
Forum: Investing - Theory, News & General
Topic: Schwab to allow fractional stock trading (WSJ)
Replies: 50
Views: 7184

Re: Schwab to allow fractional stock trading (WSJ)

Ferdinand2014 wrote: Thu Oct 17, 2019 4:45 pm So Schwab is encouraging young people who don’t have enough money to buy 1 share of a stock to invest their money in individual stocks......
When I read the article I assumed it would also apply to ETFs.
by Nthomas
Tue Oct 15, 2019 10:26 pm
Forum: Personal Consumer Issues
Topic: Where to stay in Maui?
Replies: 24
Views: 2373

Re: Where to stay in Maui?

We stayed at the Hyatt and it was amazing! Great pool, amazing food and service. Right on the water.
by Nthomas
Thu Sep 19, 2019 11:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard said to offer Digital Advisory Service [Robo-Advisor]
Replies: 111
Views: 11051

Re: Vanguard said to offer Digital Advisory Service

It's interesting that one of the criticisms of VPAS is that it's basically a target date fund and this brochure explicitly states that the allocation is often what you would find in their target date fund. The brochure is for Digital Advisor not VPAS. I realize that but it sounds like the asset all...
by Nthomas
Thu Sep 19, 2019 8:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard said to offer Digital Advisory Service [Robo-Advisor]
Replies: 111
Views: 11051

Re: Vanguard said to offer Digital Advisory Service

It's interesting that one of the criticisms of VPAS is that it's basically a target date fund and this brochure explicitly states that the allocation is often what you would find in their target date fund.
by Nthomas
Mon Aug 12, 2019 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Buying into Ambulatory Surgery Center +/- Real Estate
Replies: 2
Views: 587

Re: Buying into Ambulatory Surgery Center +/- Real Estate

Real estate can be subject to economic cycles independent of the business that operate within them. Healthcare has been good business so far but change seems to be "in the wind". What percentage of your investment assets does this real estate deal represent? It would be a significant perc...
by Nthomas
Mon Aug 12, 2019 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Buying into Ambulatory Surgery Center +/- Real Estate
Replies: 2
Views: 587

Buying into Ambulatory Surgery Center +/- Real Estate

I have the opportunity to buy into an Ambulatory Surgical Center (ASC). The buy in is basically the equivalent of the annual pre-tax dividends so it is a great investment. There is the opportunity to buy into the real estate portion of the ASC as well. This is about 260K and has a variable but histo...
by Nthomas
Sat Aug 10, 2019 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Which Brokerage for solo 401k (to roll IRA into) pre Backdoor Roth
Replies: 62
Views: 2700

Re: Which Brokerage for solo 401k (to roll IRA into) pre Backdoor Roth

I agree. No one has given NThomas any problems, but I suspect he hasn't been audited yet. If an audit were to occur, I'd rather not be in the position of having to defend the legitimacy of my entire Solo 401k. Better to be safe and fix it in the manner that SpiritRider has suggested. Fair point, I ...
by Nthomas
Sat Aug 10, 2019 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Which Brokerage for solo 401k (to roll IRA into) pre Backdoor Roth
Replies: 62
Views: 2700

Re: Which Brokerage for solo 401k (to roll IRA into) pre Backdoor Roth

Trust me. I’ve had Multiple phone calls with Schwab, including one today after I read the first post of someone telling me I couldn’t have both solo 401(k)s. The Schwab person assured me it was fine so long as it was for the same business. I definitely didn’t misunderstand anything. I’ll call them ...
by Nthomas
Wed Jul 03, 2019 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard account page new look and feel ?
Replies: 10
Views: 965

Re: Vanguard account page new look and feel ?

Not a fan of new format either. Vanguard CS told me to go to “My Accounts” on top menu bar and select “Balances and Holdings” which then displays info in old format. Agree. Seems kind of strange to have two different balance and holding pages. Why the discrepancy? Seems like an oversight with a poo...
by Nthomas
Sat Jun 08, 2019 6:19 pm
Forum: Personal Investments
Topic: Vanguard moving clients from mutual funds to ETFs?
Replies: 34
Views: 4608

Re: Vanguard moving clients from mutual funds to ETFs?

Matt228822 wrote: Sat Jun 08, 2019 5:45 pm Bump...curious how they would move the mutual funds to etfs in a taxable account? Wouldn’t they have to sell the mutual fund then buy the etf, triggering taxable event?
No they can convert to ETF w/o selling. The reverse (ETF to MF) would be taxable.
by Nthomas
Sat Jun 08, 2019 6:09 pm
Forum: Investing - Theory, News & General
Topic: Schwab IT advice was wrong
Replies: 3
Views: 1332

Re: Schwab IT advice was wrong

Thursday I contacted CS via real-time chat. My issue was with the CS mobile app for my iPadPro. I want to see more info when I look at my “Watch List” screen. I want to see Bid, Ask, Last,Dividend Amount, Div Yield, Ex-Dividend Date. You can’t edit the columns in this app. You only see symbol, name...
by Nthomas
Sun Apr 28, 2019 12:27 pm
Forum: Personal Consumer Issues
Topic: Wifi extenders vs Mesh network
Replies: 54
Views: 4853

Re: Wifi extenders vs Mesh network

We have 4 google mesh wifi points for a three story 5300 sq ft house with gigabit internet and it is perfect. Best internet I have ever had.
by Nthomas
Tue Apr 23, 2019 9:09 pm
Forum: Personal Investments
Topic: Schwab municipal bond funds.
Replies: 5
Views: 1102

Re: Schwab municipal bond funds.

IShares MUB is commission free now
by Nthomas
Wed Apr 17, 2019 2:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. Bank/Bancorp 100 free trades per year
Replies: 19
Views: 1113

Re: U.S. Bank/Bancorp 100 free trades per year

assyadh wrote: Wed Apr 17, 2019 1:15 pm Annual account fee $40 per account

Annual IRA fee $40 per account

Account transfers and IRA closeout fee $75 per account

Enough said. :shock:
Those fees would all be waived if you have platinum checking.
by Nthomas
Wed Apr 17, 2019 12:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. Bank/Bancorp 100 free trades per year
Replies: 19
Views: 1113

U.S. Bank/Bancorp 100 free trades per year

US Bank/Bankcorp now offers 100 free trades per year for self-directed brokerage if you also have a Gold or Platinum checking account (I have the latter with the fees waved). Does anyone have any experience with this brokerage and any opinions they can offer? Trying to decide if it's worth it. TIA.
by Nthomas
Thu Mar 28, 2019 8:50 pm
Forum: Investing - Theory, News & General
Topic: Schwab switching to a subscription-based FP in its digital advisory service
Replies: 22
Views: 3194

Re: Schwab switching to a subscription-based FP in its digital advisory service

Wow, talk about slapping Vanguard across the face. I mean they were already lower cost that Vanguard but now they are even cheaper for those with larger accounts. The race to the bottom of costs continues. And for anyone who cares to actually do any real analysis the fixed income portion of Schwabs...
by Nthomas
Thu Mar 28, 2019 7:52 pm
Forum: Investing - Theory, News & General
Topic: Schwab switching to a subscription-based FP in its digital advisory service
Replies: 22
Views: 3194

Re: Schwab switching to a subscription-based FP in its digital advisory service

OK, is this correct? Assuming I have $1,000,000 to invest. If I used someone like Vanguard's Advisory Service that charges 0.30% AUM I'd be paying them $3,000 per year. If I used this new Schwab service I'd pay $360 per year ($30 per month)... plus the initial $300 start-up fee. Surely I'm missing ...
by Nthomas
Fri Mar 22, 2019 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Line of Credit as Emergency Fund
Replies: 21
Views: 1276

Re: Line of Credit as Emergency Fund

Let's assume the OP has adequate taxable savings to cover the line of credit, but is choosing to keep those invested instead of in cash. So the issue is not being able to repay the loan promptly, but that it may require the sale of some investments at an undesirable price. That seems like a persona...
by Nthomas
Thu Mar 21, 2019 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Line of Credit as Emergency Fund
Replies: 21
Views: 1276

Re: Line of Credit as Emergency Fund

What if your emergency is job loss or a medical condition that requires cutting back at work? Liquidate that line of credit before they can close it? The only monthly payment required is the interest. Would give me time to pay it back. And liquidating investments that would have otherwise been tied...
by Nthomas
Thu Mar 21, 2019 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Line of Credit as Emergency Fund
Replies: 21
Views: 1276

Line of Credit as Emergency Fund

I just started a new job and the local bank is being very friendly. They are handling our mortgage and their "Wealth Management" division offered us a revolving line of credit for 100K at prime + 1%. We only pay interest on what we use. No strings attached. Is it crazy to use this as an EF...
by Nthomas
Sun Mar 03, 2019 4:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 645
Views: 74712

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

G-Force wrote: Sun Mar 03, 2019 4:16 pm WSJ now has an article about this.

https://www.wsj.com/articles/vanguard-t ... 1551639935

According to the article, less than 2% of eligible vanguard clients use the service.
The esteemed Bill Bernstein is quoted in the article.
by Nthomas
Thu Feb 21, 2019 1:57 pm
Forum: Personal Consumer Issues
Topic: American National Insurance - any experience with them?
Replies: 0
Views: 241

American National Insurance - any experience with them?

We are purchasing a new home and received a home insurance quote from American National Insurance. We currently have USAA and are overall happy, however in light of the recent thread about the issues they are having we are wondering if now is a good time to move so we solicited multiple quotes. The ...
by Nthomas
Sun Feb 17, 2019 2:47 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity and Schwab Expand Commission Free ETF list]
Replies: 42
Views: 3720

Re: Schwab expands commission free ETFs

I wish they would have at least included IJR (S&P 600 SC) and IJS (S&P 600 SCV) as Schwab has no similar funds. The only commission-free option is SLYV (SPDR S&P 600 SCV) which is not tax-efficient.
by Nthomas
Wed Feb 06, 2019 7:41 pm
Forum: Personal Investments
Topic: Vanguard Personal Advisory Services vs. Schwab Intelligent Advisory
Replies: 49
Views: 9251

Re: Vanguard Personal Advisory Services vs. Schwab Intelligent Advisory

FWIW the fundamental indexes do add a value tilt. I don't think they included them to solely benefit from the higher ER. I have been watching the returns for the last couple of years and they do appear to add a diversification benefit. Also, I was starting a new "goal" the other day and no...
by Nthomas
Fri Feb 01, 2019 9:27 pm
Forum: Personal Consumer Issues
Topic: Veteran Obtain Military ID
Replies: 23
Views: 1621

Re: Veteran Obtain Military ID

I applied for the new VA ID last year and heard nothing for about 6 months. I logged back into the website and saw that my application was still in a pending status. I then realized that in addition to my DD-214, they also wanted a copy of my honorable discharge certificate (that was not very obvio...
by Nthomas
Wed Jan 30, 2019 9:48 am
Forum: Personal Investments
Topic: Finally thinking about making the switch from Vanguard to Fidelity
Replies: 50
Views: 8725

Re: Finally thinking about making the switch from Vanguard to Fidelity

KyleAAA wrote: Tue Jan 29, 2019 4:43 pm ...If you are a factor investor and prefer using non-Vanguard ETFs to reach your desired factor loadings, that could be a good reason to switch (free iShares trades and a better brokerage platform at Fidelity)...
All ETFs trade free now at VG.
by Nthomas
Sat Jan 26, 2019 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard PAS vs. Schwab Intelligent Advisory service..
Replies: 13
Views: 2586

Re: Vanguard PAS vs. Schwab Intelligent Advisory service..

retiredjg wrote: Sat Jan 26, 2019 7:12 pm It's not that hard to spend $200 a year at Starbucks. :D
Very true, it's not! :sharebeer

However, at 2M
Schwab 900/quarter = 3600 max
PAS 0.3% x 2M = 6000 with no cap. 3k/yr/million

$2400 is a lot of lattes.
by Nthomas
Sat Jan 26, 2019 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard PAS vs. Schwab Intelligent Advisory service..
Replies: 13
Views: 2586

Re: Vanguard PAS vs. Schwab Intelligent Advisory service..

Update: I can't use either PAS or Schwab Intelligent Advisor because of ERISA rules. I'm still employed and much of my investments are in my Profit Sharing plan. Even when you get to the point you can invest with either Vanguard's PAS or Schwab Intelligent Advisory service, don't consider anything ...
by Nthomas
Sun Jan 13, 2019 4:17 pm
Forum: Personal Investments
Topic: Should I put VTIAX or VTSAX into taxable account?
Replies: 20
Views: 2856

Re: Should I put VTIAX or VTSAX into taxable account?

BoggledHead2 wrote: Sun Jan 13, 2019 3:20 pm I would add both (if you have at least 20K), get the admiral share class of both, and rebalance that way.

both funds are excellent taxable account funds.
New minimum for admiral class is 3K.
by Nthomas
Fri Jan 11, 2019 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Stay in private practice medical or take VA job offer?
Replies: 45
Views: 4232

Re: Stay in private practice medical or take VA job offer?

"Even a partial government shutdown could impact hundreds of thousands of federal employees – with workers facing furloughs and unpaid labor – depending on how much of the bureaucracy Congress agrees to fund in the next nine days. For example, the U.S. Secret Service agents protecting Trump and...
by Nthomas
Fri Jan 11, 2019 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Stay in private practice medical or take VA job offer?
Replies: 45
Views: 4232

Re: Stay in private practice medical or take VA job offer?

I'm pretty sure "essential employee" just means you still have to work, you just aren't getting paid. This year is different, at least with the military/DoD, as that budget fortunately was already passed. No that's not how it works my wife has been a federal employee 15 years and has went...
by Nthomas
Fri Jan 11, 2019 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Stay in private practice medical or take VA job offer?
Replies: 45
Views: 4232

Re: Stay in private practice medical or take VA job offer?

TheMadEph wrote: Fri Jan 11, 2019 7:47 pm ...Better matching in the TSP - probably better than your 401K (better matching too).....
Good point. Did not include this in my post but the TSP match is very good, basically makes the pension contribution a wash.
by Nthomas
Fri Jan 11, 2019 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Stay in private practice medical or take VA job offer?
Replies: 45
Views: 4232

Re: Stay in private practice medical or take VA job offer?

Pimsleur, huh? I’ll have to check that out. I could definitely be doing more productive things with my commute. No, I believe the VA is considered essential employees, so it’s not affected by the shutdown. Thank you both for the feedback. Also, I do value some downtime before getting home to the wi...
by Nthomas
Tue Dec 25, 2018 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Military: No match on December LES TSP contributions?
Replies: 7
Views: 928

Re: Military: No match on December LES TSP contributions?

Just a question for the active duty folks who opted for the Blended Retirement and have been receiving the government match on your TSP contributions. On my Dec LES, I received the automatic 1% match but not the additional 4% match. I have been contributing about 25% of my base pay to max out my TS...
by Nthomas
Mon Dec 24, 2018 9:27 pm
Forum: US Chapters
Topic: My Christmas Present To You
Replies: 109
Views: 14339

Re: My Christmas Present To You

Beautiful. Thank you.
by Nthomas
Mon Dec 17, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: peloton fitness bike
Replies: 22
Views: 3158

Re: peloton fitness bike

Several earlier threads, here's one: https://www.bogleheads.org/forum/viewtopic.php?t=250381 Yeah, I think we beat it to death already in the thread stan1 posted. There are a few Peloton camps, so here's the TL;DR version to save you some time: 1) "real" cyclists hate Peloton and everythi...
by Nthomas
Tue Dec 11, 2018 2:39 pm
Forum: Personal Consumer Issues
Topic: Hyatt Legal Plan for Will and Trust
Replies: 57
Views: 5951

Re: Hyatt Legal Plan for Will and Trust

Along with avoiding probate, there are also potential asset protection benefits with a trust. Particularly in situations where the child gets divorced after they receive the inheritance.
by Nthomas
Fri Dec 07, 2018 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Backdoor - Wait till settlement?
Replies: 2
Views: 408

Re: Vanguard Backdoor - Wait till settlement?

The MMf is probably safest. If you invest it in an ETF, for example, you need to pay taxes on any gains prior to the conversion. Although likely small, it would complicate matters a bit.
by Nthomas
Tue Nov 27, 2018 8:07 am
Forum: Investing - Theory, News & General
Topic: Vanguard Individual 401K now offering Admiral funds
Replies: 68
Views: 8700

Re: Vanguard Individual 401K now offering Admiral funds

Call the small business number specifically that I posted above