Search found 228 matches

by Gadget
Fri May 03, 2019 8:31 am
Forum: Investing - Theory, News & General
Topic: Share Buybacks — Savior of the U.S. Equity Market?
Replies: 58
Views: 3941

Re: Share Buybacks — Savior of the U.S. Equity Market?

For those with only tax advantaged accounts, I could see why buybacks are not well thought of compared to dividends received. For them, it feels like the rich company CEO benefits the most. For those of us with taxable accounts and index funds, don't we love buybacks? A dividend not received is a ta...
by Gadget
Mon Apr 29, 2019 10:31 am
Forum: Personal Consumer Issues
Topic: Man’s life savings stolen from hijacked cellphone number
Replies: 180
Views: 15627

Re: Man’s life savings stolen from hijacked cellphone number

But even in the event that physical access was required (ie the attack was actually swapping the physical SIM into a different phone), how exactly would a password lock prevent them from sticking a paperclip into the little hole and taking your SIM card out? You can also PIN lock the physical SIM c...
by Gadget
Wed Apr 24, 2019 7:12 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 14810

Re: Dump international?

The point of diversifying investments has never been to maximize returns. +1 Monster Energy DESTROYED Total US, and even obliterated Netflix, Amazon, Apple, etc this century. Doesn’t make that a prudent decision. I think you're on to something. Everyone should do the Monster portfolio. 100% MNST. F...
by Gadget
Wed Apr 24, 2019 11:57 am
Forum: Personal Consumer Issues
Topic: Amazon Returns accepted at Kohl's Dept. Stores...
Replies: 26
Views: 2395

Re: Amazon Returns accepted at Kohl's Dept. Stores...

I think Amazon returns for items sold directly through Amazon are free. Are those of you being charged a return fee buying stuff from 3rd party sellers on Amazon? I think 3rd party sellers sometimes charge a return fee for the extra shipping cost.
by Gadget
Fri Apr 19, 2019 7:51 pm
Forum: Investing - Theory, News & General
Topic: American Funds vs Vanguard
Replies: 69
Views: 4234

Re: American Funds vs Vanguard

If someone pointed a gun to my head, I would give them all my money.

Between criminals and financial advisors using front end load funds, I guess it's the same principle. Just one is a real gun and one is metaphorical.
by Gadget
Mon Apr 15, 2019 3:16 pm
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 147
Views: 11428

Re: Crypto bulls are back. Are you getting in?

Let's fast forward 20 years. What will be more valuable. A beanie baby, a tulip, or a bitcoin? At least with a beanie baby, you can always find a 2 year old that will love it for a few days/weeks. My wife will likely still plant tulips in 20 years. I'm guessing that bitcoin will likely be worth less...
by Gadget
Sat Apr 13, 2019 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Using Fidelity Cash Management as my only bank account
Replies: 35
Views: 5522

Re: Using Fidelity Cash Management as my only bank account

spammagnet wrote:
Fri Apr 12, 2019 2:28 pm
I'll test it by eliminating the minimum balance, let it drop to 0, then withdraw something from an ATM.
I've tested it many times in the past few months. It works. $0 balance in CMA, ATM Withdrawl, and it will pull money from overdraft brokerage account instantly.
by Gadget
Sat Apr 06, 2019 1:58 pm
Forum: Personal Investments
Topic: Fidelity Full View?
Replies: 32
Views: 2531

Re: Fidelity Full View?

dcabler wrote:
Tue Apr 02, 2019 3:58 pm

I use it for a quick check and because it uses the data for its retirement planner.
Where is the retirement planner in full view. I finally got it to link my accounts, but I don't see a retirement planner.
by Gadget
Wed Apr 03, 2019 12:52 pm
Forum: Personal Investments
Topic: Fidelity Full View?
Replies: 32
Views: 2531

Re: Fidelity Full View?

Is anyone else having issue getting their Vanguard brokerage accounts to show up in Full View? I can never get that to work, which makes Full View worthless to me.
by Gadget
Tue Apr 02, 2019 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Review after one month with Fidelity Cash Management
Replies: 84
Views: 25751

Re: Review after one month with Fidelity Cash Management

From the other thread. These are the 3 main setups. SPAXX, SPRXX, and FZDXX are the main money market funds people should look at. Updated based on feedbacks: Option#1: Brokerage account only - ATM card but no free ATM fees. Exception: Private Client Group gets 0 fees - Sweep options: SPAXX or FZFXX...
by Gadget
Sat Mar 30, 2019 8:16 am
Forum: Personal Investments
Topic: What non-Vanguard funds to buy in Fidelity 401k BrokerageLink?
Replies: 12
Views: 614

Re: What non-Vanguard funds to buy in Fidelity 401k BrokerageLink?

FSKAX: Total US
FTIHX: Total Int
FXNAX: Total Bond

In our brokeragelink the new zero fee funds aren't available.
by Gadget
Fri Mar 29, 2019 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 11798

Re: Is our household budget crazy?

It doesn't seem to me that you are spending too much for your income. I'm guessing both you and your husband work? I think some people judging your budget don't understand how much it can cost to get more time with your children. Usually dual working families feel guilty that they are neglecting the...
by Gadget
Wed Mar 27, 2019 7:09 pm
Forum: Personal Investments
Topic: How much should I pay for a financial advisor?
Replies: 27
Views: 1721

Re: How much should I pay for a financial advisor?

My financial advisor seems to disagree with themselves every once in a while over silly minutiae, but the fees and overall message are great. No one from bogleheads.org has charged me yet.
by Gadget
Sun Mar 24, 2019 4:08 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 1770
Views: 120779

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

So I'm 80/20 stocks to bonds in my overall portfolio. Are most people doing this 100% stocks? Although I suppose if I count my mortgage as a negative bond, I might be close to 100% stocks. I'm tempted to do this with 2.5% of my portfolio since that's what is in my Roth IRA. Something with high risk ...
by Gadget
Sun Mar 24, 2019 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term care insurance
Replies: 45
Views: 2274

Re: Long-term care insurance

How old are you? If young, have you considered self insuring via HSA and earmarking the account for long term care insurance?
by Gadget
Tue Mar 12, 2019 12:50 pm
Forum: Investing - Theory, News & General
Topic: Sell RSUs when stock is significantly down?
Replies: 20
Views: 1293

Re: Sell RSUs when stock is significantly down?

It is reasonable to attempt to time the market when you have insider information. As you are currently an employee, if you feel the price will go up, then hold. Anyone in the company with actual insider information is usually on a blackout list. They can only sell during non blackout dates after an...
by Gadget
Sat Mar 02, 2019 5:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 613
Views: 50674

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts]

Can I deposit checks and ACH directly into the Fidelity MM fund too, or can I only direct deposit into it? So you essentially have two bank account numbers: the brokerage MM account which is a deposit-only account, and the CMA account that is a pay-out-only account (whose overdraft account is the b...
by Gadget
Sat Mar 02, 2019 11:44 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 613
Views: 50674

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

A Fidelity CMA is an ordinary brokerage account with an FDIC-insured core position and debit card refunds. That’s it. Fidelity will automatically sell money market positions within a brokerage account (any brokerage account) to satisfy purchases or withdrawals. This means that you can purchase a mo...
by Gadget
Sat Mar 02, 2019 8:19 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 613
Views: 50674

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts]

So it sounds like using a Fidelity brokerage account will accomplish everything that the Vanguard Advantage did. If you want an ATM card, then you can go with the Cash Management Account. Some people might like to have a checking account separate from an investment account so in theory, the CMA mig...
by Gadget
Fri Mar 01, 2019 4:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 613
Views: 50674

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts]

So it sounds like using a Fidelity brokerage account will accomplish everything that the Vanguard Advantage did. If you want an ATM card, then you can go with the Cash Management Account. Some people might like to have a checking account separate from an investment account so in theory, the CMA mig...
by Gadget
Fri Mar 01, 2019 3:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 613
Views: 50674

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts]

I see a lot of recommendations for Ally, but for someone who relied on Vanguard Advantage like it was a checking account, it seems to me like the only truly comparable service is Fidelity CMA. It doesn't have quite as good of money market rates as Vanguard, but it adds free ATM withdrawls everywhere...
by Gadget
Thu Feb 28, 2019 11:00 am
Forum: Personal Investments
Topic: Using VMFXX as student savings account
Replies: 1
Views: 256

Re: Using VMFXX as student savings account

Your plan will work. Vanguard's prime money market is the best money market rate. If you want to simplify things to a rate almost as good as Vanguard's, but a whole lot more convenient, take a look at Fidelity CMA in this thread: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=266538&p=4407712#...
by Gadget
Thu Feb 28, 2019 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 575
Views: 65754

Re: Fidelity as a one stop shop

How long before a direct deposit actually shows up? I moved a direct deposit (my military pension) from USAA to FIDO. I got an email this morning from FIDO telling me they received a direct deposit. But it isn't showing up in any accounts. With USAA, it was available @ 0600 the day of the DD. Is FI...
by Gadget
Fri Feb 22, 2019 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity CMA + Brokerage Account
Replies: 6
Views: 686

Re: Fidelity CMA + Brokerage Account

Using billpay from the brokerage account would avoid any overdraft. On the other hand, if you use the checking and ATM card regularly with the CMA, then using the billpay from the CMA would consolidate all your expenses in only one account (CMA), which could be easier for tracking your expenditure....
by Gadget
Wed Feb 13, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Newlyweds and joint accounts for household expenses
Replies: 120
Views: 5892

Re: Newlyweds and joint accounts for household expenses

The preacher says 2 become one. I realize either philosophy can work. In my own circle of friends and acquaintances, those with joint accounts are in better overall financial health, as working on goals together gets traction and more quickly. Our friends with mine and yours are not funding retirem...
by Gadget
Tue Feb 05, 2019 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Should I Contribute To A Roth, Even If It Bumps Me Up To The Next Tax Bracket?
Replies: 25
Views: 3061

Re: Should I Contribute To A Roth, Even If It Bumps Me Up To The Next Tax Bracket?

I hope this isn't too obvious, but keep in mind that being bumped into the next tax bracket means only the dollars above that bracket threshold are taxed at the higher rate. It doesn't subject ALL of your income to the higher rate. I think this is obvious to most of the bogleheads population, but s...
by Gadget
Mon Feb 04, 2019 1:12 pm
Forum: Investing - Theory, News & General
Topic: Automatic Investing in new Fidelity HSA (Individual)
Replies: 10
Views: 1077

Re: Automatic Investing in new Fidelity HSA (Individual)

I don't have an individual HSA at Fidelity. But I have a workplan HSA at Fidelity. With that, I can setup automatic investments for money that goes into the account. I'd be surprised if it was different for an individual HSA, but maybe it is. I do vaguely remember the option being burried on the web...
by Gadget
Mon Feb 04, 2019 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: RSUs, 1099s, taxes... not adding up?
Replies: 22
Views: 957

Re: RSUs, 1099s, taxes... not adding up?

My experience was similar to yours. Your W2 income number will include the RSU vesting amount, and will also include the federal and state taxes they paid in W2 boxes 2 and 17. This assumes you did something like net issuance where they withheld shares of stock to pay those taxes. My Fidelity 1099 ...
by Gadget
Sun Feb 03, 2019 11:52 am
Forum: Personal Investments
Topic: Help Convincing Spouse
Replies: 60
Views: 4552

Re: Help Convincing Spouse

I always thought this was the simplest chart showing why an AUM fee is terrible in the long run.

viewtopic.php?t=217026
by Gadget
Sat Feb 02, 2019 9:45 pm
Forum: Personal Investments
Topic: Ally Bank's nightmarish online reviews -- should I be worried?
Replies: 97
Views: 9224

Re: Ally Bank's nightmarish online reviews -- should I be worried?

RickBoglehead, I had initially read the abysmal reviews before opening the Ally account. I considered bad online-bank reviews went with the territory, but the bad reviews seemed especially terrible, such as the story Brokenmachine just recounted. I guess it's all just gnawed at me, thus my reluctan...
by Gadget
Sat Feb 02, 2019 9:37 pm
Forum: Personal Investments
Topic: Finally thinking about making the switch from Vanguard to Fidelity
Replies: 50
Views: 7405

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

22%. Would you elaborate? Read the tax efficiency section of this from the wiki: https://www.bogleheads.org/wiki/ETFs_vs_mutual_funds You don't want mutual funds in a taxable account unless they are Vanguard mutual funds. ETFs are more tax efficient, except for Vanguard mutual funds because they ow...
by Gadget
Sat Feb 02, 2019 4:08 pm
Forum: Personal Investments
Topic: Finally thinking about making the switch from Vanguard to Fidelity
Replies: 50
Views: 7405

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

When switching, keep in mind that Zero funds are not available in SE 401(k)'s or HSA's. I'm not sure if they are available in SEP's or other IRA's. I just switched to FZILX and FZROX in my Fidelity HSA from iShares. Not sure what you mean about Zero funds not available in Fidelity HSA. Maybe they o...
by Gadget
Wed Jan 23, 2019 2:31 pm
Forum: Personal Investments
Topic: Fidelity BrokerageLink in 401k
Replies: 13
Views: 844

Re: Fidelity BrokerageLink in 401k

My Fidelity Brokeragelink is free. For a 3 fund portfolio, you want: FSKAX: Fidelity Total US (.02% ER) FTIHX: Fidelity Total Int (.06% ER) FXNAX: Fidelity Total Bond (.02% ER) Mine doesn't have access to the new Fidelity zero funds in my 401k via Brokeragelink. I can only get those in taxable where...
by Gadget
Wed Jan 23, 2019 11:59 am
Forum: Personal Investments
Topic: Fidelity Money Market Funds for everyday expenses
Replies: 101
Views: 18340

Re: Fidelity Money Market Funds for everyday expenses

If he instead had these funds with a low yeilding checking account and someone stole from his checking account, wouldn't it be the same thing? I don't see how he has any extra fraud risk by using money market funds. Unless more people than I realize are manually moving money from other accounts to ...
by Gadget
Wed Jan 23, 2019 9:37 am
Forum: Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 81
Views: 15381

Re: Merrill Edge best choice for higher net worth accounts?

BofA is literally the worst bank I’ve ever dealt with. I’m surprised so many people seem peaceful with it here. That has been my experience too. Bank of America was terrible to me when I was a poor college student and early on in my working career. The platinum honors credit card perks are tempting...
by Gadget
Wed Jan 23, 2019 8:59 am
Forum: Personal Investments
Topic: Fidelity Money Market Funds for everyday expenses
Replies: 101
Views: 18340

Re: Fidelity Money Market Funds for everyday expenses

I use my CMA account w/ SPRXX as I would a checking account and Fidelity auto-liquidates SPRXX as-needed to cover all debits. It's wonderful. That does sound wonderful and very convenient. But if you keep a significant amount of funds in the SPRXX money market fund, aren't you putting all of your m...
by Gadget
Sun Jan 13, 2019 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 575
Views: 65754

Re: Fidelity as a one stop shop

Seems my solution is opening a brokerage account and just transferring the amount above what I'm comfortable with to it, and keeping overdraft off. This would limit any risk. Anyone have any other thoughts/experiences? Does Fidelity let you adjust the spending limits on your debit card to essential...
by Gadget
Thu Jan 10, 2019 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 575
Views: 65754

Re: Fidelity as a one stop shop

Roughly 1 month in or so and this has been working like a dream. Direct deposit, check writing, check cashing, billpay atm and atm debit purchases are all working as intended at all hours of the day without any issues whatsoever. Everything is in SPRXX and as far as I can tell, new money deposited ...
by Gadget
Fri Jan 04, 2019 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 575
Views: 65754

Re: Fidelity as a one stop shop

I've heard that this 1% Forex doesn't actually happen in practice, but --- I'm not sure if you can "take that to the bank." Anyone here have recent experience with foreign ATM withdrawal with a Fidelity visa? Yes, I can confirm there's no ATM FTF fee. Haven't been brave enough to try a debit transa...
by Gadget
Sun Dec 30, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Best online banking accounts?
Replies: 53
Views: 6476

Re: Best online banking accounts?

+1 for Fidelity CMA. I do the Fidelity thing too but I have less confidence in their ability to pay out. Here's my example I have a credit card with Alliant. Within Alliant I added Fido as an account to pay from. I entered my routing number and account number and setup a payment-On Dec 18th Alliant...
by Gadget
Fri Dec 28, 2018 7:59 pm
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 9599

Re: What common everyday inconvenience have you intentionally suffered for frugality?

OK. My example fulfills the two criteria asked for. (A) A common everyday inconvenience (B) I'm intentionally suffering for frugalilty I like sleeping at a cooler temp, but hate getting out of bed in the morning in the cold. I would like to have a programable thermostat that automaticlly turns on t...
by Gadget
Fri Dec 28, 2018 7:32 pm
Forum: Personal Investments
Topic: What is the best return and reliability on a checking account right now?
Replies: 23
Views: 1537

Re: What is the best return and reliability on a checking account right now?

Take a look at this thread which discusses a Fidelity Cash Management Account: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=266538 Fidelity CMA isn't a bank, but it can work like a high yield checking account. It doesn't have the withdrawal limitations of a savings account. Free ATM rebates ...
by Gadget
Tue Dec 25, 2018 2:18 pm
Forum: Personal Consumer Issues
Topic: Question about basketball trading cards
Replies: 10
Views: 1027

Re: Question about basketball trading cards

For anyone primarily interested in the future value, do them a favor and buy them an index fund instead. In ten years, almost all of both the expensive and cheap cards will be worth almost zero. If I could only go back and tell my 12 year old self the same thing. I was thinking the same thing. I we...
by Gadget
Mon Dec 17, 2018 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: TLH - need reassurance.... what did I miss? UPDATE
Replies: 26
Views: 1765

Re: TLH - need reassurance.... what did I miss?

You need 30 days to PASS. So if you buy on the 30th day, then 30 days have NOT passed. If you sell VFWAX at a loss, there are no capital gains and you cannot trigger a tax on capital gains that did not happen. If you exchange VFWAX to VTIAX on 12/20, then you will have a wash sale, avoid the VFWAX ...
by Gadget
Mon Dec 17, 2018 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 575
Views: 65754

Re: Fidelity as a one stop shop

Can anyone confirm if you're required to have both a CMA & separate brokerage account to make the overdraft work, or can you simply buy a MMF within the CMA and "overdraft" from that? You can do it this way. The reason some of us aren't is so we don't have to manually purchase MMFs. The Core fund i...
by Gadget
Mon Dec 17, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 575
Views: 65754

Re: Fidelity as a one stop shop

The last time I checked (if there are no funds in the CMA) check and ACH debits in the CMA can be satisfied by "overdraft" from your brokerage account. But ATM withdrawals cannot -- the reason given was that there is "no enough time for approval". Yup, that'll still happen. Only workaround is to ke...
by Gadget
Sun Dec 16, 2018 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 575
Views: 65754

Re: Fidelity as a one stop shop

The last time I checked (if there are no funds in the CMA) check and ACH debits in the CMA can be satisfied by "overdraft" from your brokerage account. But ATM withdrawals cannot -- the reason given was that there is "no enough time for approval". Yup, that'll still happen. Only workaround is to ke...
by Gadget
Sun Dec 16, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 575
Views: 65754

Re: Fidelity as a one stop shop

My experience with CMA is that the default sweep account is an FDIC-insured ultra-low-interest account, not SPRXX that hotpancakes uses or FCFXX that I use. The move from cash to higher interest MMF has to be manually initiated. Is there an automation mechanism that I missed? Nope, that's how they ...
by Gadget
Sat Dec 15, 2018 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America Merrill Edge Up to $900 Bonus for Preferred Rewards Clients
Replies: 60
Views: 6857

Re: Bank of America Merrill Edge Up to $900 Bonus for Preferred Rewards Clients

I am likely to tax loss harvest some assets next week unless the market jumps a bunch on Monday. I thought it would be a good time to get the $900 transfer bonus at merril edge and start my platinum honors perks and apply for their credit card. The only thing that has stopped me previously is my dee...
by Gadget
Sun Dec 09, 2018 12:32 pm
Forum: Personal Investments
Topic: Tax loss harvesting, Fidelity round-trip violation
Replies: 7
Views: 811

Re: Tax loss harvesting, Fidelity round-trip violation

I did a round trip violation at fidelity without issue. It annoyed me because it was a 401k account and I was just rebalancing. But I also figured I wouldn't need to do it more than 4 times a year so I'd be fine.