Search found 39 matches

by johnsmithsf
Sun Jan 19, 2020 1:35 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1321
Views: 177466

Re: Fidelity as a one stop shop

1) Is it true? Has anyone seen their brokerage account closed due to this? I plan to use two separate Fidelity brokerage accounts. One for Investing, and the other for checking like features. Maybe I can leave a couple of Bond ETFs in the second brokerage account to keep it from closing. ] Did you ...
by johnsmithsf
Sat Jan 18, 2020 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1321
Views: 177466

Re: Fidelity as a one stop shop

3) A brokerage cannot advertise/encourage traditional (non-FDIC insured) brokerage accounts to be used for traditional checking/savings account purposes. A brokerage can add checking-like FEATURES to brokerage accounts, but the purpose of the account must still be primarily for investments, not jus...
by johnsmithsf
Sat Jul 13, 2019 12:58 am
Forum: Personal Consumer Issues
Topic: Grand Canyon and More In October
Replies: 35
Views: 3080

Re: Grand Canyon and More In October

I have been to some but not all of these places. Some observations. 1) Horseshoe Bend Overlook: 15-minute easy hike to the bend from the parking lot. Awesome views. Easily accessible from Page. This places has become extremely popular now a days due to instagram so now they have a new parking lot. B...
by johnsmithsf
Sat Apr 20, 2019 3:36 am
Forum: Investing - Theory, News & General
Topic: Sofi liquidated clients’ ETF investments, moved proceeds into new funds without ability to opt out causing tax headaches
Replies: 9
Views: 1776

Sofi liquidated clients’ ETF investments, moved proceeds into new funds without ability to opt out causing tax headaches

A dream come true roboadvisor from Sofi: - no management fees for robo-advisory - no transaction fees for brokerage - no banking fees, including ATM fees - no trading, transfer, custodian or commission fees, - The large-cap SoFi Select 500 ETF (SFY) and mid-cap SoFi Next 500 ETF (SFYX) joined the ma...
by johnsmithsf
Mon Feb 18, 2019 12:32 am
Forum: Personal Investments
Topic: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?
Replies: 128
Views: 14195

Re: Vanguards recommends investors to increase international (non-US) stock holdings to 40% ?

Past performance is not an indicator to future results - but how far do you take this? US vs INTL https://i.imgur.com/sXZg0J1.png I think holding international stocks is dangerous when one wants to retire spending US dollars. Why add forex risk to the equation? Currency volatility accounts for only...
by johnsmithsf
Tue Feb 12, 2019 9:20 pm
Forum: Investing - Theory, News & General
Topic: Fidelity beating vanguard now? switch to Fidelity?
Replies: 121
Views: 6700

Re: Benefits of Fidelity vs Vanguard

Further to Johnsmithsf's list: TL;DR : You'll get the best bang for your buck if you use both Fidelity and Vanguard. If you must choose only one broker, Vanguard wins if you are in a high tax bracket (funds are more tax efficient), need to park large amounts of money in a money market fund, frequen...
by johnsmithsf
Tue Feb 12, 2019 1:23 pm
Forum: Investing - Theory, News & General
Topic: Fidelity beating vanguard now? switch to Fidelity?
Replies: 121
Views: 6700

Re: Benefits of Fidelity vs Vanguard

Each has strengths and weaknesses. Just one cannot satisfy my needs. Both are needed for different situations Fidelity: - excellent customer service (online and physical) - best brokerage checking account with ability to deposit check with an app and keep money in a money market mutual fund( without...
by johnsmithsf
Sat Feb 09, 2019 9:05 am
Forum: Investing - Theory, News & General
Topic: International bonds
Replies: 60
Views: 6410

Re: International bonds

I would argue that the difference in credit risks among investment grade bonds is relatively minor, and what hedged international bonds are primarily diversifying is interest rate and inflation risk. Certainly the short term variance between say BND and BNDX it seems to me has had much more to do w...
by johnsmithsf
Tue Feb 05, 2019 3:29 pm
Forum: Personal Investments
Topic: Investing money for use in 5-7 years
Replies: 31
Views: 2813

Re: Investing money for use in 5-7 years

Thank y’all for the responses! Since my taxable account in stocks is large enough, I’ll go with KlangFool and adam1712' s suggestion to keep all bonds in tax advantaged accounts for higher expected return. In a downturn I then can sell stock in my taxable account and buy back stock in tax advantage...
by johnsmithsf
Mon Feb 04, 2019 9:33 am
Forum: Personal Investments
Topic: Kindergarten-level question about Money Market fund
Replies: 19
Views: 1999

Re: Kindergarten-level question about Money Market fund

You may want to look at this thread
viewtopic.php?t=255718
Quoting: Earn 1.5% on your checking account without the usual hoops (at Fidelity)
by johnsmithsf
Mon Jan 28, 2019 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Best Checking/ System for Cash Management/ Sweeping?
Replies: 19
Views: 3148

Re: Best Checking/ System for Cash Management/ Sweeping?

If I simply use Fidelity Brokerage as a checking account, will it automatically liquidate MM funds (like SPAXX) to pay for things? It will keep things very simple. Yes Thank you very much. Currently all of my cash is earning very little in a brick and mortar bank, and I also want to consolidate thi...
by johnsmithsf
Mon Jan 28, 2019 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Best Checking/ System for Cash Management/ Sweeping?
Replies: 19
Views: 3148

Re: Best Checking/ System for Cash Management/ Sweeping?

Fidelity CMA - automatically liquidates MM funds to pay for things, free ATM worldwide Fidelity Brokerage - can be used as a checking account, uses a money market fund as core position If I simply use Fidelity Brokerage as a checking account, will it automatically liquidate MM funds (like SPAXX) to...
by johnsmithsf
Sat Jan 26, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Earn 1.5% on your checking account without the usual hoops (at Fidelity)
Replies: 72
Views: 15677

Re: Earn 1.5% on your checking account without the usual hoops (at Fidelity)

TLDR: It is possible to yield >1.5% interest on your checking account funds. Connect your Checking Account (Fidelity Cash Management) to a Fidelity Brokerage Account and start using your brokerage account to store your checking account needs. Setup the “Cash Manager” feature. Anything charged to yo...
by johnsmithsf
Wed Jan 23, 2019 12:27 am
Forum: Personal Investments
Topic: Why BNDX (TOTAL INTL BD) has had better 5 year returns than BND (Total Bond Market ETF) despite lower SEC yield
Replies: 7
Views: 2312

Re: Why BNDX (TOTAL INTL BD) has had better 5 year returns than BND (Total Bond Market ETF) despite lower SEC yield

The long term effect of the hedge return has been to make international hedged bonds perform very similarly to domestic bonds. You should not expect, in the long run, BNDX to significantly outperform BND, or vice versa. As you noticed, this hedge return is not reflected in the SEC yield. To compare...
by johnsmithsf
Sat Jan 19, 2019 9:07 pm
Forum: Personal Investments
Topic: Why BNDX (TOTAL INTL BD) has had better 5 year returns than BND (Total Bond Market ETF) despite lower SEC yield
Replies: 7
Views: 2312

Re: Why BNDX (TOTAL INTL BD) has had better 5 year returns than BND (Total Bond Market ETF) despite lower SEC yield

Vanguard Lifestrategy and Target Date Fund’s hold 30% Total Intl. Bond to 70% Total Us Bond based upon market weight for this very reason. Some here hold it and some don’t. You should make make a decision you can live with for your time horizon. Selling all BND to chase past returns of BNDX would n...
by johnsmithsf
Sat Jan 19, 2019 8:21 pm
Forum: Personal Investments
Topic: Why BNDX (TOTAL INTL BD) has had better 5 year returns than BND (Total Bond Market ETF) despite lower SEC yield
Replies: 7
Views: 2312

Why BNDX (TOTAL INTL BD) has had better 5 year returns than BND (Total Bond Market ETF) despite lower SEC yield

Hi, I have always had only US Bonds due to better SEC yield (and hearing from people, that international diversification is superfluous for bonds) I was rebalancing my portfolio today and noticed that despite a much lower SEC yield, since Jan 1 2014, BNDX (Vanguard TOTAL INTL BD) has had better retu...
by johnsmithsf
Tue Jan 15, 2019 9:57 pm
Forum: Personal Consumer Issues
Topic: Gillette Mach 3 alternatives
Replies: 81
Views: 8788

Re: Gillette Mach 3 alternatives

Hi, I have used Gillette Mach 3 (disposable) and Sensor Excel for many years, but now want to transition off of them. Is there any other good quality alternative in the US market with a pivoting Head that adjusts to the contours of the face. 2 to 3 blades are enough for me. I’ve been using Schick H...
by johnsmithsf
Tue Jan 15, 2019 7:38 pm
Forum: Personal Consumer Issues
Topic: Gillette Mach 3 alternatives
Replies: 81
Views: 8788

Re: Gillette Mach 3 alternatives

Dorco razors are good performers and reasonably priced. Made in South Korea. They're the OEM for several of the subscription razor services, and have several models with different designs. Of course, the absolute cheapest routes are double-edge safety razors or a straight, but those aren't for ever...
by johnsmithsf
Tue Jan 15, 2019 7:29 pm
Forum: Personal Consumer Issues
Topic: Gillette Mach 3 alternatives
Replies: 81
Views: 8788

Gillette Mach 3 alternatives

Hi,
I have used Gillette Mach 3 (disposable) and Sensor Excel for many years, but now want to transition off of them.
Is there any other good quality alternative in the US market with a pivoting Head that adjusts to the contours of the face. 2 to 3 blades are enough for me.
by johnsmithsf
Fri Nov 23, 2018 11:56 am
Forum: Personal Investments
Topic: HSA contribution limit after changing jobs mid year
Replies: 7
Views: 506

Re: HSA contribution limit after changing jobs mid year

If you have a qualified HDHP plan the last month of the year and are not also covered by a traditional plan, then you can max out your contribution as long as you maintain a qualified HDHP plan in every month of the remaining year. https://www.hsaedge.com/2014/03/25/hsa-last-month-rule-and-testing-...
by johnsmithsf
Fri Nov 23, 2018 12:42 am
Forum: Personal Investments
Topic: HSA contribution limit after changing jobs mid year
Replies: 7
Views: 506

HSA contribution limit after changing jobs mid year

I have a question regarding HSA. I just moved to a new job and now I have the option of opening an HSA through payroll deduction as now I (and my wife as a dependent) am in a high deductible health plan. I never qualified for an HSA before and until October 2018, I was in a traditional health care p...
by johnsmithsf
Thu Nov 22, 2018 4:16 pm
Forum: Investing - Theory, News & General
Topic: OptionSellers.com FAQ “Have I lost all the money in my account, then?” “Yes.” You also have a negative balance
Replies: 23
Views: 3265

Re: OptionSellers.com FAQ “Have I lost all the money in my account, then?” “Yes.” You also have a negative balance

Quote from one of his clients on Amazon review of his book. https://www.amazon.com/gp/customer-reviews/R1N8LM3SUZ8GLM/ref=cm_cr_arp_d_rvw_ttl?ie=UTF8&ASIN=0071837620 FearFact 1.0 out of 5 starsDo Not Buy, Unless you plan on burning the book. I lost $500k+ November 19, 2018 Format: Kindle Edition I b...
by johnsmithsf
Thu Nov 22, 2018 3:29 pm
Forum: Investing - Theory, News & General
Topic: OptionSellers.com FAQ “Have I lost all the money in my account, then?” “Yes.” You also have a negative balance
Replies: 23
Views: 3265

OptionSellers.com FAQ “Have I lost all the money in my account, then?” “Yes.” You also have a negative balance

James Cordier was a long-time proponent of using "naked" options to trade in the volatile energy market. In numerous articles and even a book, he touted the potential rewards, telling investors they can produce consistent results. https://www.bloomberg.com/news/articles/2018-11-21/founder-of-stricke...
by johnsmithsf
Mon Jun 04, 2018 11:35 am
Forum: Personal Investments
Topic: surprisingly higher tax cost ratio of Vanguard Admiral shares vs Vanguard ETFs for stocks
Replies: 5
Views: 865

Re: surprisingly higher tax cost ratio of Vanguard Admiral shares vs Vanguard ETFs for stocks

Thank you for this excellent reminder that Morningstar tax cost ratio information is often inaccurate and the safe strategy is to treat it as complete garbage for analysis purposes. Many similar threads can be found using these keywords and the site search. Do you know of any other source that can ...
by johnsmithsf
Mon Jun 04, 2018 10:50 am
Forum: Personal Investments
Topic: surprisingly higher tax cost ratio of Vanguard Admiral shares vs Vanguard ETFs for stocks
Replies: 5
Views: 865

surprisingly higher tax cost ratio of Vanguard Admiral shares vs Vanguard ETFs for stocks

I was under the impression that Vanguard ETFs are structured as share classes of the same underlying fund, so the tax treatment is the same for both (assuming the same expense ratio). But I was surprised to see on morningstar that for the stock funds, the tax cost ratio of Vanguard Admiral shares ar...
by johnsmithsf
Tue Apr 24, 2018 8:36 am
Forum: Personal Investments
Topic: Is mid/small cap necessary
Replies: 15
Views: 6117

Re: Is mid/small cap necessary

I would prefer a total stock market index fund if available, otherwise a S&P 500 index fund is good enough for domestic stocks. An S&P 500 index fund covers 81% of the U.S. stock market investing in stocks of selected large-cap and mid-cap U.S. companies, and in the 26 years since the creation of t...
by johnsmithsf
Mon Apr 16, 2018 11:16 pm
Forum: Personal Investments
Topic: Lazy Portfolio - Using Fidelity ETF's Vs Vanguard ETF's
Replies: 29
Views: 6481

Re: Lazy Portfolio - Using Fidelity ETF's Vs Vanguard ETF's

Thanks again. I have lots of thinking to do but I am now considering the following: 40% - AGG 20% - IXUS 40% - ITOT The annual expense ratio would be .0540% and the annual expense dollars would be $756. I appreciate all of the advice. Thanks. Have you considered using a currency Hedged fund for dev...
by johnsmithsf
Sat Apr 14, 2018 1:04 pm
Forum: Personal Investments
Topic: Which fidelity funds?
Replies: 29
Views: 4137

Re: Which fidelity funds?

As this appears to be a Fidelity Taxable account, avoid mutual funds due to their higher tax cost ratio (i.e. future taxes). Just buy commission-free index ishares ETFs from Fidelity (https://www.fidelity.com/etfs/ishares). You can start with 60% ITOT (Core S&P Total U.S. Stock Market) and 40% AGG ...
by johnsmithsf
Fri Apr 13, 2018 8:22 pm
Forum: Personal Investments
Topic: Which fidelity funds?
Replies: 29
Views: 4137

Re: Which fidelity funds?

would encourage you to pause now, do some reading/research, and get a plan in place. the mutual fund buying should be the last step in the process. A plan for what exactly?? What process? I already know when I plan on retiring and this money isn’t for retirement. I simply try and live on one payche...
by johnsmithsf
Thu Apr 12, 2018 5:55 pm
Forum: Personal Investments
Topic: 100% VTSAX or a DIY Blend
Replies: 13
Views: 1872

Re: 100% VTSAX or a DIY Blend

100% VTSAX: $83,261 50% VFINX (Large Index) 30% VIMSX (Mid Index) 20% NAESX (Small Index) This mix becomes $108,133 without rebalancing. I am actually considering a very similar mix 40% Domestic Stock 1. VTSAX Vanguard Total Stock Mkt Idx Adm 27.00% 2. IJH iShares Core S&P Mid-Cap ETF 6.50% 3. IJR ...
by johnsmithsf
Fri Feb 16, 2018 3:52 pm
Forum: Personal Investments
Topic: cybertheft from brokerage and retirement accounts after Equifax identity theft
Replies: 23
Views: 3647

Re: cybertheft from brokerage and retirement accounts after Equifax identity theft

I'm not saying that it cannot happen, but can someone give an example of an individual investor who has lost all or part of their brokerage account due to cyberhacking, where the investor had not done something stupid (aka shared their login with others) and where the assets were not recovered or r...
by johnsmithsf
Fri Feb 16, 2018 3:15 pm
Forum: Personal Investments
Topic: cybertheft from brokerage and retirement accounts after Equifax identity theft
Replies: 23
Views: 3647

Re: cybertheft from brokerage and retirement accounts after Equifax identity theft

I'm not saying that it cannot happen, but can someone give an example of an individual investor who has lost all or part of their brokerage account due to cyberhacking, where the investor had not done something stupid (aka shared their login with others) and where the assets were not recovered or r...
by johnsmithsf
Thu Feb 15, 2018 3:46 pm
Forum: Personal Investments
Topic: cybertheft from brokerage and retirement accounts after Equifax identity theft
Replies: 23
Views: 3647

cybertheft from brokerage and retirement accounts after Equifax identity theft

Hi folks, Is there any way to insure ourselves against a cybertheft from our brokerage and retirement accounts? Is two factor authentication the only thing really stopping someone from losing their whole nest egg? I have Zander Identity Theft Solutions and their paperwork says "Unauthorized Electron...
by johnsmithsf
Sun Jan 15, 2017 9:23 pm
Forum: Personal Investments
Topic: Portfolio Review - 35 year old novice
Replies: 5
Views: 1368

Re: Portfolio Review - 35 year old novice

Thanks!
Makes sense.
I will simplify my portfolio and won't buy actively managed funds.
by johnsmithsf
Sat Jan 14, 2017 11:32 pm
Forum: Personal Investments
Topic: Portfolio Review - 35 year old novice
Replies: 5
Views: 1368

Re: Portfolio Review - 35 year old novice

Thanks a lot for the responses Celia and Duckie! I really appreciate it. I think I need to learn a lot. This is all very new to me. I wish I had heard of Vanguard 10 years ago when I started to make some money. Holding a balanced fund (a fund containing both stocks and bonds) in a taxable account is...
by johnsmithsf
Sat Jan 14, 2017 4:26 pm
Forum: Personal Investments
Topic: Portfolio Review - 35 year old novice
Replies: 5
Views: 1368

Portfolio Review - 35 year old novice

First I would like to thank everyone. I recently discovered this forum and it has been an awesome educational tool for me! I am a novice. Until recently, I had no idea about backdoor Roth or asset allocation; and used to buy individual stocks. Here is my information. Emergency funds: eight months of...