Search found 787 matches

by onourway
Tue Feb 20, 2018 1:42 pm
Forum: Personal Consumer Issues
Topic: Paying for expedited credit card replacements?
Replies: 16
Views: 550

Re: Paying for expedited credit card replacements?

We recently lost a Chase Sapphire Preferred card. Chase sent replacement cards via overnight delivery free of charge.
by onourway
Mon Feb 19, 2018 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring from Financial Advisor
Replies: 12
Views: 1199

Re: Transferring from Financial Advisor

And it's even worse than just the $13k/year. That's $13k/year you aren't having reinvested into your portfolio. Let's say your ~$1.3M earns a return of 6% for the next 20 years. That's $4.17M you end up with. If your Financial Advisor trims 1% of that annually, you end up with $3.45M. They'd better ...
by onourway
Mon Feb 19, 2018 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: What do Bogleheads think of Passive income through Dividend Stocks
Replies: 44
Views: 3896

Re: What do Bogleheads think of Passive income through Dividend Stocks

I am student who probably won't have time to work during school. I have enough to pay for tuition in cash. I don't want the rest of my money to just sit in a 2% CD during 4+ years of school and am looking for some passive income for living expenses during school. 4 years is not a long enough time p...
by onourway
Mon Feb 19, 2018 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Help understanding tax refunds
Replies: 4
Views: 337

Re: Help understanding tax refunds

What are you claiming for allowances on your W4? This will determine how much tax is withheld. If you owed $40 you can't hope for much better than that, so I'd be inclined to leave it alone. To figure out what the difference is you'd have to look at your total earnings for each year, and calculate t...
by onourway
Mon Feb 19, 2018 10:12 am
Forum: Investing - Help with Personal Investments
Topic: 401K options, I think I can choose better funds
Replies: 16
Views: 584

Re: 401K options, Ii think I can have choose better funds

Personally I would choose FUSVX FID 500 INDEX and FSIVX FID INTL INDEX at your chosen split and contribute as much as possible while then proceeding to forget about it for a couple of decades. :D
by onourway
Mon Feb 19, 2018 6:55 am
Forum: Investing - Help with Personal Investments
Topic: Mechanics of rebalancing while in accumulation phase
Replies: 12
Views: 799

Re: Mechanics of rebalancing while in accumulation phase

Tools like Personal Capital will update your current allocations automatically if that's what you're after. That said, I find my own spreadsheet easier to interpret and while it's a manual update, it can be done in about 10 minutes even though we have a fairly large number of accounts. You may find ...
by onourway
Sun Feb 18, 2018 2:00 pm
Forum: Personal Consumer Issues
Topic: Martha’s Vineyard: Is 2 weeks too long of a vacation there?
Replies: 12
Views: 1328

Re: Martha’s Vineyard: Is 2 weeks too long of a vacation there?

Two weeks is great there. Plenty to do whether active or relaxing or both. It usually takes most of the first week to really settle into the relaxing part. :happy
by onourway
Sat Feb 17, 2018 11:09 am
Forum: Personal Consumer Issues
Topic: $12,000 Refrigerator? [Looking in $7k price range]
Replies: 46
Views: 5002

Re: $12,000 Refrigerator?

Like any luxury good, the price does not reflect its utility. Does a $200k car get your kids to school any better? Some of the money does go into making a better engineered product (note this does not mean more reliable). There may be more features. Mostly though you are paying for the social signal...
by onourway
Sat Feb 17, 2018 10:34 am
Forum: Personal Consumer Issues
Topic: used Prius (or Chevy Volt?)
Replies: 29
Views: 1776

Re: used Prius

One thing the OP might want to consider is possible replacement costs on a battery pack. I think Toyota says an 8 year battery life as an estimate, but as always ymmv. Battery life seems to be dependent on how well you maintain your vehicle(the gas operated portion), and how you drive the car. If y...
by onourway
Sat Feb 17, 2018 9:11 am
Forum: Personal Finance (Not Investing)
Topic: HR Block vs Turbo Tax to compare to accountant?
Replies: 7
Views: 413

Re: HR Block vs Turbo Tax to compare to accountant?

You might try freetaxusa which will allow you to see the forms at any point during your return and is free for federal returns.
by onourway
Sat Feb 17, 2018 7:55 am
Forum: Investing - Help with Personal Investments
Topic: VFINX Question
Replies: 5
Views: 478

Re: VFINX Question

No particular reason not to buy VOO instead. You could transfer your holdings of VFINX to Vanguard as the custodian where they would be converted to admiral shares automatically. You could also then perform a one-time conversion of those shares to VOO and then they'd be portable to move to any custo...
by onourway
Sat Feb 17, 2018 7:44 am
Forum: Personal Consumer Issues
Topic: used Prius (or Chevy Volt?)
Replies: 29
Views: 1776

Re: used Prius (or Chevy Volt?)

What kind of price range are you looking in? Trying for under $12,000. Realize I may not be able to make it. Volt will be harder in that range, but a Prius will be easy. ESC is stability control. It's mostly there not to help you in braking, but in case the car gets loose in slippery conditions. ES...
by onourway
Sat Feb 17, 2018 7:29 am
Forum: Personal Consumer Issues
Topic: How to cancel TV and not Internet w/ Spectrum Time Warner
Replies: 18
Views: 1229

Re: How to cancel TV and not Internet w/ Spectrum Time Warner

If you are wishy-washy in any way with their reps, they will try to sell you on another plan. If you are firm 'I'm calling to cancel my tv service' and don't deviate from that line, it'll get done quickly. You could also walk in to your local office if you have one convenient. Those folks are often ...
by onourway
Sat Feb 17, 2018 7:27 am
Forum: Personal Consumer Issues
Topic: used Prius (or Chevy Volt?)
Replies: 29
Views: 1776

Re: used Prius (or Chevy Volt?)

Generally bulletproof cars if a bit boring to drive. I agree the plug-in may be a good option if you can find one and would be able to charge it easily. The premium in price on the used market is small, but it will greatly increase efficiency for short trips. The Volt is also an excellent option. Be...
by onourway
Sat Feb 17, 2018 7:06 am
Forum: Personal Finance (Not Investing)
Topic: The value of car body repairs/upkeep of older cars?
Replies: 33
Views: 2734

Re: The value of car body repairs/upkeep of older cars?

Find the local auto body paint store in town - the place where the professionals get their supplies. Drive the car in and show it to them. If it's something you can mitigate on your own they'll tell you what to use and how to apply it. It won't look as good as if a professional does it, but you migh...
by onourway
Fri Feb 16, 2018 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Pre- vs post-tax saving: Am I thinking it wrong?
Replies: 25
Views: 1649

Re: Pre- vs post-tax saving: Am I thinking it wrong?

Yes, it's all about your beliefs regarding how much tax you will pay now vs. later. I struggle with this myself. We have most of our assets in traditional accounts where tax will be due on withdrawal. Our average tax rate today is very low, but our marginal rate is high, so I continue to sock away m...
by onourway
Fri Feb 16, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Using Schwab for primary checking account
Replies: 26
Views: 2917

Re: Using Schwab for primary checking account

This should be a non-issue. Setup a 2nd Brokerage account for your "Investments". This will not be linked to your Checking account. The Brokerage Account that is your "overdraft" doesn't have to be sitting in cash. Only cash (e.g. sweep) will be used for overdraft. If Schwab tries to cover an overd...
by onourway
Fri Feb 16, 2018 5:22 pm
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 194
Views: 23144

Re: Buying and Spending Bitcoin

I disagree Valuethinker. nisiprius has made false assertions, without posting any evidence. I'm not certain why you have chosen to criticize me for debunking those assertions, and not him for initially posting them. My responses were polite, and requested that nisiprius please perform either a basi...
by onourway
Fri Feb 16, 2018 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Using Schwab for primary checking account
Replies: 26
Views: 2917

Re: Using Schwab for primary checking account

Overdrafts or fraudulent charges that exceed your checking balance would roll into the cash sweep account of your brokerage. This overdraft "feature" can be turned off by contacting Schwab and telling them to disable it. I know because I did. I'm sure that it can. I didn't think to because there wo...
by onourway
Fri Feb 16, 2018 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Using Schwab for primary checking account
Replies: 26
Views: 2917

Re: Using Schwab for primary checking account

Thanks for the bump. I just setup 2 factor authentication. Regarding overdraft, I have 2 taxable accounts. One account 'Schwab One', to which the checking account is linked, has almost zero assets. I keep all my taxable investments in a different brokerage account. Is there an exposure in this case...
by onourway
Fri Feb 16, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Are we TOO diversified? Time to hire a professional? Who has?
Replies: 14
Views: 1835

Re: Are we TOO diversified? Time to hire a professional? Who has?

As far as simplifying brokerages, it looks like you may be in a position to consolidate all holdings to Vanguard and Fidelity.

I would try to combine IRA's and Taxable brokerages all under those two custodians, and then look at simplifying the holdings themselves once they are there.
by onourway
Fri Feb 16, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Using Schwab for primary checking account
Replies: 26
Views: 2917

Re: Using Schwab for primary checking account

Bumping this thread as Schwab has recently rolled out two-factor authentication, among other improvements to their site. I also thought of this thread as I recently made some changes in my Schwab brokerage account with the linked checking account. It wasn't clear to me how the two would interact in ...
by onourway
Fri Feb 16, 2018 3:36 pm
Forum: Investing - Theory, News & General
Topic: philosophicaleconomics predicts 4% real equity returns
Replies: 128
Views: 6921

Re: philosophicaleconomics predicts 4% real equity returns

From 2000 to now with comparable cape PEs has been about 4% real. I’m not sure why people are arguing against 4% real or lower. From 2000 to now was 4%. From 2000 to a couple of years ago was probably 3%. Most points 2000-2010 or so were probably negative. At no point has there been materially bett...
by onourway
Fri Feb 16, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 127
Views: 8810

Re: Torn between Vanguard, Fidelity and Schwab

What am I missing? Please tell me the rate on Schwab money market? I suspect it is very low so they can peddle ultralow index funds. I know for a fact that Vanguard pays about 30 basis points more on its federal money market, short term muni fund and intermediate term muni than similar Fidelity pro...
by onourway
Fri Feb 16, 2018 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 148
Views: 9427

Re: I'm Cancelling My Home Insurance

I'd say I'm less inclined to hold lots of insurance than most here. However, I don't think justifying it in the same way as a 12% drop in the market is a great comparison. If the market drops 12% probably very little changes in your life. You go on living with the assumption that the market will eve...
by onourway
Thu Feb 15, 2018 9:20 pm
Forum: Personal Consumer Issues
Topic: Any Creative Ways to Cut the Cable?
Replies: 35
Views: 2924

Re: Any Creative Ways to Cut the Cable?

Cut back to Internet only. Choose a streaming TV provider. There are many, I suggest you try a few of their free trials before settling in. We happen to like SlingTV. YMMV. Should get you under $100/month for mostly the same experience.
by onourway
Thu Feb 15, 2018 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds 401k Advise
Replies: 19
Views: 770

Re: American Funds 401k Advise

I could be wrong, but what I read is he has an American Funds R4 share Target Fund in a company-sponsored 401K plan with a 3% match. He thinks there is a 3.5% load, which I'm questioning. Loads are usually waived in a 401K plan. We own American Funds R6 shares in a 401K. These seem to have a much l...
by onourway
Thu Feb 15, 2018 3:29 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6490

Re: PSA: Bank of America now charges $12/month for checking

I don't think anyone is OK with paying bank fees. I wouldn't pay them. But I'm OK with a bank charging them for account that doesn't meet some reasonable metrics to avoid the fee, such as an account minimum or a requirement for direct deposit. If you're not using the account, why keep it open? It's...
by onourway
Thu Feb 15, 2018 2:08 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6490

Re: PSA: Bank of America now charges $12/month for checking

I'm a little surprised at the tolerance of bank fees here for a group that often complains about a single basis point in investment fees. $144/year for a checking account is robbery. I have an account at my local credit union where I typically have less than $10 which is 100% free. Most of my bankin...
by onourway
Thu Feb 15, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds 401k Advise
Replies: 19
Views: 770

Re: American Funds 401k Advise

I'm not transferring to Vanguard all the time. I assume the front end load would still come out at AF, prior to transfer? AF is a good actively managed fund I understand even with the front end loads. I'm just trying to figure out the best portfolio there at AF in class A mutual funds. Just some ex...
by onourway
Thu Feb 15, 2018 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Using multiple asset allocation numbers more appropriate?
Replies: 11
Views: 569

Re: Using multiple asset allocation numbers more appropriate?

Another issue is that an equal amount of money is more valuable in some accounts than others for tax reasons (Roth vs traditional), and the different accounts may have different purposes. If you end up with a much lower return in your Roth compared to your traditional, that is suboptimal. If you fa...
by onourway
Thu Feb 15, 2018 11:15 am
Forum: Investing - Help with Personal Investments
Topic: American Funds 401k Advise
Replies: 19
Views: 770

Re: American Funds 401k Advise

I think it's pretty clear that he has just what he says he has - a Simple IRA that purchases A shares with a front-load. @Kickstart American Funds are good as far as actively managed funds go. The front-load is too bad, but it's still worth receiving the employer match at the very least. Do you have...
by onourway
Thu Feb 15, 2018 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Using multiple asset allocation numbers more appropriate?
Replies: 11
Views: 569

Re: Using multiple asset allocation numbers more appropriate?

This seems nonsensical to me. If the smaller accounts are not worth the time to properly manage, maybe you shouldn’t have those accounts or you should pay a financial advisor to manage them for you. You cannot rebalance across accounts (e.g. move money from HSA to 401k). 401k is the largest potenti...
by onourway
Thu Feb 15, 2018 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Why not just do CDs and skip bonds?
Replies: 37
Views: 6944

Re: Why not just do CDs and skip bonds?

Larry2623 wrote:
Thu Feb 15, 2018 10:33 am
The issue I have with Bond advice is we have been in a 30 year bond bull market. I wonder how many people's advice take that into account?
Well, since it comes up in nearly every bond thread, I'd say it's been discussed a lot.
by onourway
Thu Feb 15, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Using multiple asset allocation numbers more appropriate?
Replies: 11
Views: 569

Re: Using multiple asset allocation numbers more appropriate?

Isn’t there some significant rebalancing benefit which is lost if you hold the investments in different accounts? If you hold all assets classes in each account, then you can rebalance appropriately when one category outperforms. If you have them in different accounts (HSA, IRA, 401k), then you are...
by onourway
Thu Feb 15, 2018 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Why not just do CDs and skip bonds?
Replies: 37
Views: 6944

Re: Why not just do CDs and skip bonds?

It's 2D-1 where D is the duration. See here: https://www.bogleheads.org/forum/viewtopic.php?t=165157 The way I understood it NAV should rise/drop just based on duration and current yield so why would I need to wait 2D? That does not make much sense. Say D = 6 years and interest rates increase by .5...
by onourway
Thu Feb 15, 2018 6:21 am
Forum: Investing - Help with Personal Investments
Topic: 529 vs. student loans vs. taxable account
Replies: 13
Views: 970

Re: 529 vs. student loans vs. taxable account

Agreed that there are really no gymnastics to the backdoor Roth. At Vanguard the conversion happens with a click of a button, and then you just tell your tax software what you did at the end of the year and it fills out the right form. You might have the tiniest bit of uncertainty the first time you...
by onourway
Wed Feb 14, 2018 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Understanding tax efficient help
Replies: 6
Views: 536

Re: Understanding tax efficient help

The disadvantage of Wellesley in taxable is twofold. One, with ~60% of the fund's assets in bonds, most of the return it generates is paid out as dividend payments that are taxable at your full marginal tax rate. The other problem is that it distributes significant yearly long-term as well as short-...
by onourway
Tue Feb 13, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Brokerage recommendation
Replies: 11
Views: 543

Re: Brokerage recommendation

Like others - what specifically are you looking for in another brokerage?

Will this be used for taxable holdings or tax-advantaged?
by onourway
Tue Feb 13, 2018 2:53 pm
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 80
Views: 7006

Re: What if you only live off dividends?

What I am mostly trying to correct for is speculative price movements. If the market's PE ratio doubles, most people just consider this a doubling in their wealth, and that means if they hit their retirement goal, they can now consume their same SWR as before of the inflated balance. Then if the ma...
by onourway
Tue Feb 13, 2018 9:19 am
Forum: Personal Finance (Not Investing)
Topic: From Capital One Money Market to Vanguard?
Replies: 3
Views: 334

Re: From Capital One Money Market to Vanguard?

The only major downside is that you lose the FDIC protection, and if you choose the higher yielding Prime fund you are subject to the required SEC restrictions that could limit your access to your funds in a period of market turmoil.
by onourway
Mon Feb 12, 2018 9:36 pm
Forum: Investing - Theory, News & General
Topic: Explain why long-term bonds aren't awesome
Replies: 20
Views: 1709

Re: Explain why long-term bonds aren't awesome

cool. how about best calendar year returns ... or returns in general since then ... or the current environment's impact on bond performance ... Many investors have fabulously short memories. 1998-2012 was a fifteen year period in which bonds outperformed stocks. And without the wrenching volatility...
by onourway
Mon Feb 12, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Do I pay my dentist bill with HSA card?
Replies: 13
Views: 1228

Re: Do I pay my dentist bill with HSA card?

I'm not sure why you need to use two cards? Just pay the entire thing on your own credit card. Then write yourself a check or make an ACH transfer from the HSA to reimburse yourself the difference between what insurance pays and what you owe. I am hoping to eliminate the step of reimbursing myself ...
by onourway
Mon Feb 12, 2018 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Do I pay my dentist bill with HSA card?
Replies: 13
Views: 1228

Re: Do I pay my dentist bill with HSA card?

Interesting. I suppose I can just pay the dentist with two cards then, with the HSA card paying the difference. I'm not sure why you need to use two cards? Just pay the entire thing on your own credit card. Then write yourself a check or make an ACH transfer from the HSA to reimburse yourself the d...
by onourway
Mon Feb 12, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Do I pay my dentist bill with HSA card?
Replies: 13
Views: 1228

Re: Do I pay my dentist bill with HSA card?

Our plan works in a similar way. I pay the dentist with my regular credit card (points!) and then wait for the reimbursement check to come in. I then reimburse myself the difference from the HSA and keep record of this transaction. This is cleaner to me than paying from the HSA and then receiving a ...
by onourway
Mon Feb 12, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: The value of car body repairs/upkeep of older cars?
Replies: 33
Views: 2734

Re: The value of car body repairs/upkeep of older cars?

Thanks for the response. I know a guy who generally is willing to do this stuff for fairly cheap. He fixed a rust spot along the door, fixed a cracked bumper, repaired a dent, and repainted everything for about $1100. I'm expecting this one to not be too much. The rusting area is right above the re...
by onourway
Sun Feb 11, 2018 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: The value of car body repairs/upkeep of older cars?
Replies: 33
Views: 2734

Re: The value of car body repairs/upkeep of older cars?

I drive mostly older cars and will repair anything mechanical. Body work is either expensive and doesn't last very well or really expensive if you want it to last. So while we also live in a salt area, I try to avoid cars that rust because properly addressing it is difficult. Where is the rust and h...
by onourway
Sat Feb 10, 2018 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody hit their rebalance bands?
Replies: 20
Views: 1181

Re: Anybody hit their rebalance bands?

I last checked Dec. 29 for end of year. I checked again yesterday after so many people were saying they'd hit theirs. Ours hadn't moved a single point. Made me double check my calculations, but basically it was just new money coming in, plus the bulk of this 'loss' was just January's 'gain' that I'd...
by onourway
Sat Feb 10, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: your assets - now verses end of year?
Replies: 38
Views: 2363

Re: your assets - now verses end of year?

I looked, but only because so many people were talking about hitting their rebalancing bands. I compared where we are now vs. my end-of year report. Our AA is exactly the same as end of year. I had to double-check my formula's, but they're good.
by onourway
Sat Feb 10, 2018 12:39 pm
Forum: Personal Consumer Issues
Topic: Flat tire replacement
Replies: 26
Views: 1269

Re: Flat tire replacement

What kind of car? Some AWD vehicles will be very sensitive to not having equal tread depths all around. You can either buy 4 new tires or buy from a place like Tire Rack where they can shave the tire to a tread depth to match the others.