Search found 243 matches

by investor997
Fri May 11, 2018 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: New Job - Use High Fee 401k With Match or Other?
Replies: 31
Views: 1273

Re: New Job - Use High Fee 401k With Match or Other?

Find out if the 401k plan allows after-tax contributions and in-service rollovers. If so, you might be able to use it to facilitate Mega Back Door Roth IRA contributions.
by investor997
Tue May 08, 2018 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Simplifying portfolio for parents
Replies: 5
Views: 501

Re: Simplifying portfolio for parents

My only thought was that for now, my dad must sell shares to fund the RMD. It's a manual process. If my dad were ever incapacitated, my mom would not know how to do this. I suppose I'd be getting involved at some point but I'd like to automate this as much as I can. I'm certainly a beginner at all o...
by investor997
Tue May 08, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Simplifying portfolio for parents
Replies: 5
Views: 501

Simplifying portfolio for parents

Hi all, My father (80) recently told me “This is the last year I want to do our tax return. I think it’s best if you take over.” Big picture message: He wants me to start handling things. To that end, I’m starting to think about where to consolidate their assets and what to invest them in to make th...
by investor997
Mon May 07, 2018 8:48 pm
Forum: Personal Consumer Issues
Topic: Las Vegas shows
Replies: 22
Views: 2036

Re: Las Vegas shows

Le Reve at Wynn blew my mind. I've seen it twice.

Mystere kinda underwhelmed.
by investor997
Sun May 06, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to a Condo -- Educate me on Insurance
Replies: 10
Views: 1026

Re: Moving to a Condo -- Educate me on Insurance

It depends on the type of building your condo is, but check to see if your insurance company offers sewer back-up coverage. I posted about this previously where one of my neighbors went through this (sewer line broke underground & caused toilet to flood with nasty effect). A bunch of finger pointing...
by investor997
Sat May 05, 2018 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard: ETF vs MF
Replies: 38
Views: 3022

Re: Vanguard: ETF vs MF

One other reason to consider ETFs in a taxable account is portability. I can buy and sell VTI at any brokerage and I can transfer it between brokerages without issue. The same cannot be said for its mutual fund equivalent, VTSAX. The downside to this is the inability to set up periodic, automatic in...
by investor997
Wed Apr 25, 2018 11:31 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 973
Views: 170179

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

BofA is also offering a $100 new account bonus for checking accounts that may work for some. This is in addition to whatever ME is offering:

https://promo.bankofamerica.com/choosey ... ng1/offer/
by investor997
Tue Apr 24, 2018 1:16 pm
Forum: Personal Consumer Issues
Topic: Anything I should know about new windows?
Replies: 10
Views: 1399

Re: Anything I should know about new windows?

It can also reduce the opening required for an egress window (bedroom) to less than that required by code. This is my current dilemma. Building code in my area says bedroom egress windows must open to an area of at least 5.7 sqft. I've had two window manufacturers tell me the most I can get using r...
by investor997
Sun Apr 15, 2018 6:08 pm
Forum: Personal Consumer Issues
Topic: New HVAC system
Replies: 15
Views: 2096

Re: New HVAC system

I'll be honest and admit I've never been happy with the performance of the original unit. It seems to generate more noise (coming from the air intake inside the house) than it does cool air. My townhome is only about ~1,300 sqft, but nearly all the rooms have tall/vaulted ceilings so there's a decen...
by investor997
Sun Apr 15, 2018 4:58 pm
Forum: Personal Consumer Issues
Topic: New HVAC system
Replies: 15
Views: 2096

New HVAC system

Hi all, I'm looking into a new HVAC system for my townhome. It was built in 1989 and the existing system is all original - brand name is Tempstar. The property is located in Orange County, CA and the system frankly hasn't been used much over the years - the climate is pretty mild here. Nonetheless I...
by investor997
Thu Apr 12, 2018 12:23 pm
Forum: Personal Consumer Issues
Topic: Mid-40s in tech - how to pass off as acceptably young
Replies: 111
Views: 10411

Re: Mid-40s in tech - how to pass off as acceptably young

I'm an FAE in the "tech" industry - semiconductors, to be specific. Mid-40s. Across my customer base I've pretty much seen it all and I have a pretty good idea of the demographic cross section of engineers I call on. I've also tracked many of them from company to company as they've made career chang...
by investor997
Wed Apr 11, 2018 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 465
Views: 91498

Re: Bank of America/Merrill Edge - Preferred Rewards

Thanks for your replies. I have another question. Is it possible to set up automatic monthly payment for my credit card at BAC so that it pays off the entire balance each month? I found the BAC web site very confusing. It allows me to set up recurring monthly payment for a set amount but not for th...
by investor997
Tue Apr 10, 2018 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Short-term investment options at BoA for 100K
Replies: 24
Views: 1431

Re: Short-term investment options at BoA for 100K

If you have enough ETFs/Mutual Funds elsewhere that would be enough to get you over the $100K threshold, consider moving them to Merrill Edge. Then you're free to move your $100K cash elsewhere, such as an online savings account (Marcus just upped their rate to 1.60%).
by investor997
Sun Apr 08, 2018 3:39 pm
Forum: Personal Consumer Issues
Topic: Toyota 4 Runner
Replies: 38
Views: 3225

Re: Toyota 4 Runner

I have a 2004 4Runner (4th Generation). A bit older, but the current (5th Generation) trucks really aren't all that much different. Some thoughts: - the 4.0 V6 and 5-speed automatic have been in production since the mid-00's. They're extremely reliable. - it's one of the few vehicles that you could ...
by investor997
Thu Apr 05, 2018 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth and 1099-R taxable income
Replies: 7
Views: 663

Re: Mega Backdoor Roth and 1099-R taxable income

You're lucky. I did a Mega Backdoor rollover last year with Fidelity and they treated the entire amount as taxable!

viewtopic.php?t=231083
by investor997
Wed Apr 04, 2018 5:36 pm
Forum: Personal Consumer Issues
Topic: Health club memberships
Replies: 34
Views: 2960

Re: Health club memberships

I just joined Planet Fitness - $10/mo for a local gym. Pretty satisfied with it.

I was a member of 24 Hour Fitness for many years but I finally had enough of the lack of cleanliness of my local gym. The locker room showers were pretty disgusting. This was a "Super Sport" level club, too.
by investor997
Tue Apr 03, 2018 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help with Fidelity Index Funds
Replies: 10
Views: 903

Re: Portfolio help with Fidelity Index Funds

I have everything at Fidelity as well. I'm very happy there. The funds to use are: Fidelity Total Stock Market Index Fund Premium Class (FSTVX) ER 0.035% Fidelity Total International Market Index Fund Premium Class (FTIPX) ER 0.10% Fidelity Total Bond Market Index Fund Premium Class (FSITX) ER 0.04...
by investor997
Tue Apr 03, 2018 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Escaping TD Ameritrade
Replies: 22
Views: 2094

Re: Escaping TD Ameritrade

After being with Scottrade since 2015, I'm now with TDA. While I haven't spent much time on their web site, I can say that I much prefer their IOS app to what I had with Scottrade. I also moved some assets to ME at the beginning of the year, just prior to the switch to TDA. I'm less impressed with ...
by investor997
Tue Apr 03, 2018 1:41 pm
Forum: Investing - Theory, News & General
Topic: Why does it seem there are so many bad/poor 401K plans?
Replies: 36
Views: 3702

Re: Why does it seem there are so many bad/poor 401K plans?

In terms of what we as individual contributors/employees/job candidates can do about any of this, how much weight should we place on a potential employer's 401k plan specifics when it comes to weighing job offers? I have to admit that after having discovered this website - and learning tricks like M...
by investor997
Fri Mar 30, 2018 2:49 pm
Forum: Personal Consumer Issues
Topic: Porsche 911 & Carmax?
Replies: 13
Views: 2735

Re: Porsche 911 & Carmax?

Back when I was looking for mine, I found one at Carmax and test drove it. The car didn't speak to me (wrong colors/options) so I passed. I eventually found the car I bought on Craigslist. Moral of the story: with 911s, I would focus more on the car, its condition and its options rather than the sel...
by investor997
Wed Mar 21, 2018 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone used Zelle?
Replies: 53
Views: 8212

Re: Anyone used Zelle?

For reasons I won't get into, I decided to register my email address with Zelle rather than my cellphone number. I've been able to successfully use it to both send and receive money from Zelle users who were registered via phone number. If Zelle won't allow you to register a Google Voice number, try...
by investor997
Tue Mar 20, 2018 11:08 pm
Forum: Investing - Theory, News & General
Topic: Scottrade/TD Ameritrade merger - Yuck!
Replies: 19
Views: 4587

Re: Scottrade/TD Ameritrade merger - Yuck!

Thanks ! I'm sure they would say the original agreement is still active, but I wonder if their back end systems are setup to track Scottrade bonuses. TDAM has it's own bonuses, so they might have mapped Scottrade bonuses to TDAM's back end, but maybe this is one of the IT things they didnt get arou...
by investor997
Mon Mar 19, 2018 8:39 pm
Forum: Investing - Theory, News & General
Topic: Scottrade/TD Ameritrade merger - Yuck!
Replies: 19
Views: 4587

Re: Scottrade/TD Ameritrade merger - Yuck!

I got a bonus from Scottrade about 7-8 months back. That had a 12 month retention period. But the Scottrade broker who authorized it is gone, and I've been transferred to a TDAM office. I am considering shifting this account out -- just not sure if TDAM will try and reclaim the bonus. I'm not sure ...
by investor997
Sun Mar 18, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: Paging BH Gearheads: Reasonable Net Worth for Exotic
Replies: 104
Views: 6609

Re: Paging BH Gearheads: Reasonable Net Worth for Exotic

If you've already got a modded, 500hp 340i, a modded Z06 and you track sport bikes, then I don't think an exotic will offer a noteworthy improvement in terms of ability to generate an adrenaline rush. I think it should be more about the overall experience (sights, sounds, etc). To that end, the 991....
by investor997
Fri Mar 16, 2018 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Exercise ISOs or walk away?
Replies: 19
Views: 1546

Re: Exercise ISOs or walk away?

Thanks so much for sharing this experience. Did you have any warning signs that growth was not keeping up with the amount of financing? Yes. At one point there was a down round and the stock was diluted quite a bit. There was a reverse split of something like 1:10, so the ~100,000 shares worth of I...
by investor997
Fri Mar 16, 2018 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Exercise ISOs or walk away?
Replies: 19
Views: 1546

Re: Exercise ISOs or walk away?

I can't provide certain guidance one way or another but I will share with you my own personal "Excercise ISO" story. In 2004, I left a startup that I'd joined four years prior. It was still private. I didn't have the greatest feelings about them when I left (obviously), but in these situations you n...
by investor997
Fri Mar 16, 2018 1:46 pm
Forum: Personal Consumer Issues
Topic: Which Day Hiking Trails Do You Recommend?
Replies: 44
Views: 3317

Re: Which Day Hiking Trails Do You Recommend?

Mt. San Jacinto trail / Palm Spring Aerial Tramway, Palm Springs, CA.

https://hikingguy.com/hiking-trails/bes ... n-jacinto/
by investor997
Fri Mar 16, 2018 1:37 pm
Forum: Personal Consumer Issues
Topic: Bicycle Commuting in LA - Thoughts?
Replies: 100
Views: 5115

Re: Bicycle Commuting in LA - Thoughts?

My view on risking ones life is driven more by the amount of personal control you can exert, hence rewarding skill, than on absolute risk. I would have no problem if one of my kids wanted to do something that carried a statistically larger absolute risk than riding a bike in traffic as long as they...
by investor997
Thu Mar 15, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: Bicycle Commuting in LA - Thoughts?
Replies: 100
Views: 5115

Re: Bicycle Commuting in LA - Thoughts?

There are some very enjoyable rides in LA, and they are much safer earlier in the morning if you want fitness rides. There are many great groups to ride with which is much safer. Once your fitness level increases I highly recommend riding Mandeville which is off Sunset. Speaking of Mandeville: http...
by investor997
Mon Mar 12, 2018 11:09 pm
Forum: Personal Consumer Issues
Topic: Bicycle Commuting in LA - Thoughts?
Replies: 100
Views: 5115

Re: Bicycle Commuting in LA - Thoughts?

Back in a previous life, I used to commute ~13 miles each way via road bike, but this was in South Orange County. Think wide open roads with bike lanes and little cross traffic. I would never, *ever* consider commuting via bike in the City of Los Angeles - or any congested urban area, for that matter.
by investor997
Thu Mar 08, 2018 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Switching to online bank. Keep brick/mortar bank account open?
Replies: 54
Views: 3191

Re: Switching to online bank. Keep brick/mortar bank account open?

Getting a bank cashier's check (To purchase a car or other large amount item) Interesting. Do dealers still demand this type of check? We have bought three cars since returning to the US. The first two we bought with credit cards and a plain personal check. The last one was free - we walked out wit...
by investor997
Tue Mar 06, 2018 8:03 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 973
Views: 170179

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

snowman wrote:
Tue Mar 06, 2018 3:09 pm

If you move out of TDA completely and close your accounts, and it's all in ETFs with maybe $10 in cash, how does TDA assess $75 transfer fee?
I'm about to find out. I'll post my experience here after the fact. FWIW, the new brokerage (ME) offered to pay the $75 transfer fee.
by investor997
Mon Mar 05, 2018 8:05 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 973
Views: 170179

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

TD Ameritrade will close the account on total transfer and cut off access to it, so be aware of that. Others like Fidelity won't close the account and you can keep using it, even transfer more back in. Good to know. I'm trying to think if there's any reason for me to leave 10 bucks over there to ke...
by investor997
Mon Mar 05, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 973
Views: 170179

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I plan to transfer a taxable account out of TD Ameritrade. The new custodian already told me they'd refund me the $75 account transfer fee charged by TD Ameritrade. Are there any reasons why I wouldn't want to just transfer the entire account in-kind, or should I leave a little behind? The only thin...
by investor997
Wed Feb 28, 2018 1:18 pm
Forum: Personal Consumer Issues
Topic: Move to Orange County
Replies: 50
Views: 4150

Re: Move to Orange County

$2,500/mo should be able to rent a 2BR apartment in one of the Irvine Company's complexes. They have properties scattered about south and central Orange County. Pick one closest to work and call it done. As others have mentioned, gas in CA is expensive but if you can choose an apartment that's close...
by investor997
Tue Feb 27, 2018 1:57 pm
Forum: Personal Consumer Issues
Topic: Value of an Elite MBA
Replies: 58
Views: 5730

Re: Value of an Elite MBA

A couple data points: I was at a career crossroads a few years ago (age 39-40) and considered going for an MBA/EMBA. Max employer reimbursement was $8K/year - nowhere near enough to cover the $100K+ for an EMBA offered at either of two local universities. Neither are/were even close to being "Elite"...
by investor997
Mon Feb 26, 2018 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth Mechanics
Replies: 3
Views: 586

Re: Mega Backdoor Roth Mechanics

Although it isn't intuitively obvious, Fidelity maintains a separate "account" in your 401k for just the after-tax contributions. For example, suppose you have $100K in your 401k which is made up of pretax contributions and their earnings. You recently started after-tax contributions and let them bu...
by investor997
Wed Feb 21, 2018 11:14 am
Forum: Personal Consumer Issues
Topic: Trade my BMW?
Replies: 45
Views: 2728

Re: Trade my BMW?

Having owned BMWs (2007 335i, 2008 328i) and Toyota 4Runners (2004), my recommendation is to keep the X3. The 4Runner is a body-on-frame SUV and it drives like it. Unless you plan to drive dirt roads or go off-roading (which I do in mine and I love), there are better vehicles. Regarding the BMW: As ...
by investor997
Mon Feb 19, 2018 2:05 am
Forum: Personal Finance (Not Investing)
Topic: Help with issues on 401k rollover in H&R Block
Replies: 6
Views: 539

Re: Help with issues on 401k rollover in H&R Block

I just ran into this problem myself. I did a pretty large mega back door Roth IRA in 2017 and even though Fidelity reported the numbers correctly on the 1099R form, H&R Block just mistakenly calculated an enormous tax bill. No fix as of 2/18. The software says the next scheduled update will be avail...
by investor997
Sun Feb 18, 2018 4:18 pm
Forum: Personal Consumer Issues
Topic: Bogleheads with $100K+ MSRP cars?
Replies: 113
Views: 13303

Re: Bogleheads with $100K+ MSRP cars?

I have a 2010 911 Carrera S (997.2). Original MSRP was $105K. Bought it in 2014 for $60K. Can't see buying any of these things new. I'm happy to let someone more "fortunate" than I to suffer the worst part of the depreciation curve.
by investor997
Fri Feb 16, 2018 2:35 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 270
Views: 41826

Re: TLH for absolute dummies [Tax Loss Harvesting]

I recently executed a TLH of VTI due to this month's market downturn. Note that I normally buy VTI on a biweekly basis coincident with my pay period, so I have quite a few small lots of shares to choose from. Scottrade, my broker, offers several different choices for recording gains and losses, the ...
by investor997
Sun Feb 11, 2018 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: TLH compatibilty between VTI, SCHB and FSTVX
Replies: 9
Views: 780

Re: TLH compatibilty between VTI, SCHB and FSTVX

Thank you all for the responses. I didn't think the topic was going to be quite this...controversial. My main concern was the difference between the Dow Jones U.S. Broad Stock Market Index (SCHB) and the Dow Jones U.S. Total Stock Market Index (FSTVX). It would seem as if they differ enough for TLH ...
by investor997
Sat Feb 10, 2018 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: TLH compatibilty between VTI, SCHB and FSTVX
Replies: 9
Views: 780

TLH compatibilty between VTI, SCHB and FSTVX

Hi all, I'm looking for verification of tax loss harvesting compatibility between the following three investment choices: VTI: The fund employs an indexing investment approach designed to track the performance of the CRSP US Total Market Index , which represents approximately 100% of the investable ...
by investor997
Mon Feb 05, 2018 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: Just another brokerage transfer question- TD Ameritrade to...
Replies: 13
Views: 851

Re: Just another brokerage transfer question- TD Ameritrade to...

I'm in the same boat. I'm moving to Merrill Edge. 30+ free trades per month of any ETF, including Vanguard for a $50K+ balance. Plus xfer bonus cash: https://www.merrilledge.com/Bonus900
by investor997
Mon Feb 05, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity IRA to Roth IRA wait time?
Replies: 8
Views: 531

Re: Fidelity IRA to Roth IRA wait time?

It took the better part of a week before the funds became "available for withdrawal" and I was able to initiate the Roth conversion. If you want deploy it today you could always trade it immediately and buy some ETFs; then wait until the funds become available, sell the ETFs and initiate the convers...
by investor997
Sat Feb 03, 2018 4:33 pm
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 280
Views: 18046

Re: For BHs who actually like cars - what is your daily driver?

2004 Toyota 4Runner (daily driver)
2010 911 Carrera S (weekender, occasional daily driver)
by investor997
Fri Feb 02, 2018 9:45 pm
Forum: Investing - Theory, News & General
Topic: Opening Roth IRA - Vanguard or Fidelity or Charles Schwab
Replies: 11
Views: 1581

Re: Opening Roth IRA - Vanguard or Fidelity or Charles Schwab

Do you have a 401k with your employer? If so, is it with Fidelity? And can you do mega back-door Roth IRAs with it? If so, I suggest Fidelity for your Roth IRA. If not, probably Schwab because their index mutual funds have no investment minimums.
by investor997
Wed Jan 24, 2018 2:45 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 973
Views: 170179

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Anyone here with a Scottrade account on the brink of being transferred to TD Ameritrade? I transferred an account to Scottrade in March of last year and they paid me a $300 bonus. 12-month commitment or I pay it back. I'm wondering if this requirement is released given TD's acquisition and transfer ...