Search found 250 matches

by neveragain
Thu Sep 13, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Schwab, or Vanguard
Replies: 61
Views: 4338

Re: Fidelity, Schwab, or Vanguard

Fidelity has excellent customer service. Vanguard has good customer service. Yes. Fidelity's service is excellent, Vanguard's is "good". I used to have Vanguard and switched to Fidelity because it would take me days to talk to a customer service rep with Vanguard. With Fidelity, I can speak with so...
by neveragain
Thu Sep 13, 2018 10:35 am
Forum: Personal Consumer Issues
Topic: Anyone into Essential Oils?
Replies: 40
Views: 2660

Re: Anyone into Essential Oils?

As far as the above person stating that medical doctors are know using this for treatments- no they aren't. The evidence does not support it and the whole idea of integrating pseudo science with real science is just to appease the general public who fall for these scams as it helps increase their c...
by neveragain
Thu Sep 13, 2018 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Schwab, or Vanguard
Replies: 61
Views: 4338

Re: Fidelity, Schwab, or Vanguard

Fidelity has excellent customer service.
by neveragain
Thu Sep 13, 2018 8:32 am
Forum: Personal Consumer Issues
Topic: Anyone into Essential Oils?
Replies: 40
Views: 2660

Re: Anyone into Essential Oils?

I wouldn't recommend them at all. Since you're asking about more affordable, buy some Febreeze air freshener instead. If she has allergies, Febreze could be a major irritant. It feels like it makes my entire head seize up. If she like essential oils, why not buy them. Unless $55 a month is going to...
by neveragain
Wed Sep 12, 2018 10:26 pm
Forum: Personal Consumer Issues
Topic: Anyone into Essential Oils?
Replies: 40
Views: 2660

Re: Anyone into Essential Oils?

I wouldn't recommend them at all. Since you're asking about more affordable, buy some Febreeze air freshener instead. Essential oils can be dangerous especially as they can enhance or negate the effects of any pharmaceutical drugs you might be taking. I would not recommend using them at all. DoTerra...
by neveragain
Fri Sep 07, 2018 10:16 am
Forum: Personal Consumer Issues
Topic: How to "waste" money on groceries?
Replies: 109
Views: 9902

Re: How to "waste" money on groceries?

I don't waste much money anymore. I used to buy gluten-free products and realized they were marked up 4 x higher than their counterparts.

I stopped going to Whole Foods Market. That alone saves hundreds of dollars a month on food.
by neveragain
Fri Sep 07, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 306
Views: 40751

Re: Low-earners- What is your profession?

I'm a "low earner". I do transcription work. My spouse is the breadwinner.
by neveragain
Sun Sep 02, 2018 9:05 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing Frequency? Daily vs annually?
Replies: 34
Views: 2495

Re: Rebalancing Frequency? Daily vs annually?

I used to never rebalance in my IRA. Hadn't done anything since I set it up years earlier. Then when I wised up, last year, I realized I was 95% in stock funds. My IRA was doing well and making money, but if the stock market had crashed I would have been in trouble.
by neveragain
Sun Sep 02, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 45409

Re: Lucrative careers?

Law is not really a lucrative career and there is a high unemployment rate in this field.
by neveragain
Sat Sep 01, 2018 3:15 pm
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 4142

Re: Are CDs considered an investment?

xpy1999 wrote:
Sat Sep 01, 2018 12:16 pm
Where can I still find 3.5 rate 5 year CD?
Mine is with Goldman Sachs through Fidelity.
by neveragain
Sat Sep 01, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 49
Views: 3658

Re: Question for those who used 529 plans

I'd like to know what a decent percentage of growth rate is for a 529 plan. I have tried to talk to financial advisers about it, but they all have told me that they don't recommend 529 plans and don't seem to know much about them, anyway. I had this same conversation with my financial advisor and g...
by neveragain
Sat Sep 01, 2018 10:25 am
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 4142

Re: Are CDs considered an investment?

Jags4186 wrote:
Sat Sep 01, 2018 10:06 am
Everything is an investment. If you hold cash wrapped in plastic and buried in the backyard, that’s an investment in cash.
To me, that's just saving, not investing. Since the money won't grow at all.
by neveragain
Fri Aug 31, 2018 6:19 pm
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 4142

Re: Are CDs considered an investment?

That was a good rate of return. Was that typical in 1982 - 83? Ah. That old devil, money illusion. It was typical in 1982-83. But it wasn't a necessarily very good rate of return. Because inflation had been running at 12-13% per year. More precisely, yes, it was a good rate of return in 1982 , beca...
by neveragain
Fri Aug 31, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 4142

Re: Are CDs considered an investment?

Maybe people won't mind me posting this again: http://i45.tinypic.com/14jlrpd.jpg In case people don't recognize it, that's what a CD once looked like. It is in the form of a "bankbook." About the size of a passport, and when you brought to the bank they physically inserted it into something like a...
by neveragain
Fri Aug 31, 2018 4:30 pm
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 4142

Re: Are CDs considered an investment?

A year or two ago I would say that a CD or a money market fund was virtually guaranteed to give a negative real return, net of inflation. In other words not a good investment. That's why I didn't consider CDs last year at all. Now I'm wondering if the rates will go up even higher. Considering all t...
by neveragain
Fri Aug 31, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 4142

Re: Are CDs considered an investment?

Perhaps not years ago but lately CD rates are rising high and I got some CDs with over 3% interest rate. I have a CD ladder and the 5 year CD interest rate is 3.5%. I wanted some money to be in safe investments and to me, the interest rates made it worthwhile. And I felt CDs were safer than bond fu...
by neveragain
Fri Aug 31, 2018 11:27 am
Forum: Investing - Help with Personal Investments
Topic: I want to pry my friend away from Edward Jones
Replies: 71
Views: 7909

Re: I want to pry my friend away from Edward Jones

We can't really tell other people how to manage their money. I have a friend who puts a lot of money in regular savings accounts, invests nothing. She saves for her kid's college in regular savings accounts. I've tried to talk to her about 529 plans or other ways to invest money for college but she ...
by neveragain
Fri Aug 31, 2018 11:07 am
Forum: Personal Consumer Issues
Topic: Piano for a child
Replies: 60
Views: 3267

Re: Piano for a child

We bought a piano at a garage sale years ago for much less than $500. So I would look on Craigslist, Facebook garage sale sites, and all that. If you live in the Dallas area, the Parish Episcopal School is selling discount pianos Sept 6 - 9. You can arrange an appointment to buy one prior to the sal...
by neveragain
Fri Aug 31, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 4142

Re: Are CDs considered an investment?

CD is not an investment. It is just a piggy back for adult. A bank issues CD is an investment: paying less for deposit and lend same money at high rate to make the difference. I would buy dividend paying bank stock. The spread the risk, I will buy different bank stocks. How much interest would a CD...
by neveragain
Fri Aug 31, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 4142

Are CDs considered an investment?

Perhaps not years ago but lately CD rates are rising high and I got some CDs with over 3% interest rate. I have a CD ladder and the 5 year CD interest rate is 3.5%. I wanted some money to be in safe investments and to me, the interest rates made it worthwhile. And I felt CDs were safer than bond fun...
by neveragain
Fri Aug 31, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Should you always use a 529?
Replies: 31
Views: 3156

Re: Should you always use a 529?

I use 529 plans, not a Roth. Because in the event of a divorce, the court could say the "Roth IRA is not a college savings plan" then divide it up and my kids would lose some of their college money. I also believe that (at least in my state) 529 plans are protected from creditors or lawsuits. I see ...
by neveragain
Fri Aug 31, 2018 10:40 am
Forum: Investing - Theory, News & General
Topic: Expense ratios and fees - Fidelity and flip flopping advice
Replies: 61
Views: 4510

Re: Expense ratios and fees - Fidelity and flip flopping advice

The issue of tax efficiency of Vanguard funds vs others (index funds) is way overblown and at best misunderstood. It is not too hard to look at a funds history and do the calculation for yourself. What people often ignore is that capital gain or dividend distribution you pay tax on now but if reinv...
by neveragain
Thu Aug 30, 2018 12:49 pm
Forum: Investing - Theory, News & General
Topic: Expense ratios and fees - Fidelity and flip flopping advice
Replies: 61
Views: 4510

Re: Expense ratios and fees - Fidelity and flip flopping advice

gostars wrote:
Wed Aug 29, 2018 10:52 pm
neveragain wrote:
Wed Aug 29, 2018 9:29 pm
I'm slowly getting rid of FUSVX because of the junk bonds in it.
Think you mixed up the tickers there, FUSVX is S&P 500.
I think I meant FADMX. It's a bond fund. I believe it has some junk bonds.
by neveragain
Thu Aug 30, 2018 10:33 am
Forum: Investing - Theory, News & General
Topic: Expense ratios and fees - Fidelity and flip flopping advice
Replies: 61
Views: 4510

Re: Expense ratios and fees - Fidelity and flip flopping advice

Perhaps the Wiki needs a specific sub-section titled: "Considerations to make when comparing very low ER Index funds". These threads though have now come to represent nothing to me but mindless churning of stale butter. I would like to see such a thread "Considerations to make when comparing very l...
by neveragain
Thu Aug 30, 2018 9:36 am
Forum: Investing - Theory, News & General
Topic: Thinking of a divorce - from Vanguard
Replies: 45
Views: 7687

Re: Thinking of a divorce - from Vanguard

I think either Schwab or Fidelity is a good choice. I use Fidelity and I do have one Vanguard fund in my Fidelity IRA. It is possible to still use Vanguard funds in Fidelity although you'd likely have to pay a small fee to put it in your Fidelity account. Fidelity and Schwab also have offices where ...
by neveragain
Thu Aug 30, 2018 9:22 am
Forum: Investing - Theory, News & General
Topic: Expense ratios and fees - Fidelity and flip flopping advice
Replies: 61
Views: 4510

Re: Expense ratios and fees - Fidelity and flip flopping advice

It's not speculation that Fidelity funds have more tax drag. It's a fact. I own FSTVX, Fidelity's total market index fund. It has thrown off capital gains distributions each of the last 3 years. I expect them to continue. I pay real money in taxes because of those distributions. The equivalent fund...
by neveragain
Wed Aug 29, 2018 9:29 pm
Forum: Investing - Theory, News & General
Topic: Expense ratios and fees - Fidelity and flip flopping advice
Replies: 61
Views: 4510

Re: Expense ratios and fees - Fidelity and flip flopping advice

I haven't yet jumped to the zero funds (yet?), and my taxable account is invested in Fidelity mutual funds at Fidelity. On the international front, the small cap exposure in FTIPX is worth the 0.06% ER. I suspect that these funds will perform differently. I may come out ahead or I may come out behi...
by neveragain
Wed Aug 29, 2018 8:33 pm
Forum: Investing - Theory, News & General
Topic: Expense ratios and fees - Fidelity and flip flopping advice
Replies: 61
Views: 4510

Re: Expense ratios and fees - Fidelity and flip flopping advice

Given what I've taken away from Bogle's advice in the past, I should be investing in the zero expense ratio funds that Fidelity is offering. I did buy some in my IRA. A small amount to start with. FZILX. But only about 5% of my IRA is in this. um why didnt you move all your IRA there? Because I hav...
by neveragain
Wed Aug 29, 2018 7:54 pm
Forum: Investing - Theory, News & General
Topic: Expense ratios and fees - Fidelity and flip flopping advice
Replies: 61
Views: 4510

Re: Expense ratios and fees - Fidelity and flip flopping advice

We know the Fidelity ZERO funds track similar whole market indices AND have the lowest fees. Given these knowns - I'm with the OP - let's jump into them - it goes with everything that's being touted here. It's certainly possible I've missed something so please fill me in. I think you should buy som...
by neveragain
Wed Aug 29, 2018 7:53 pm
Forum: Investing - Theory, News & General
Topic: Expense ratios and fees - Fidelity and flip flopping advice
Replies: 61
Views: 4510

Re: Expense ratios and fees - Fidelity and flip flopping advice

Nate79 wrote:
Wed Aug 29, 2018 7:12 pm
It's because it was Fidelity. If it had been Vanguard it would have been proclaimed as a gift from God himself.
That's what I think too.
by neveragain
Wed Aug 29, 2018 5:40 pm
Forum: Investing - Theory, News & General
Topic: Expense ratios and fees - Fidelity and flip flopping advice
Replies: 61
Views: 4510

Expense ratios and fees - Fidelity and flip flopping advice

What I've learned from reading Bogle's book is that fees are mostly all that matters about a mutual fund (high expense ratios and load fees should always be avoided). And the following things don't matter that much: past performance of a fund (which is is no guarantee of future performance), and 2) ...
by neveragain
Thu Jun 14, 2018 5:51 pm
Forum: Investing - Theory, News & General
Topic: Why do we need 529?
Replies: 42
Views: 4463

Re: Why do we need 529?

I opened up 529 plans for my kids, but never considered a Roth as I didn't realize that was an option. I opened 529 plans for the tax advantages and to save money that could be strictly for college only. Since I"m not going to consider other options for the money that's invested. I suppose with Roth...
by neveragain
Thu Jun 14, 2018 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 49
Views: 3658

Re: Question for those who used 529 plans

I have 3 529s, one for each granddaughter. Started them right after each kid was born with an initial contribution and add to it each year on their birthdays. Kids are now 14, 12 &10. The have the moderate age-adjusted plans (similar to VG Target Retirement plans). All 3 are in positive territory. ...
by neveragain
Thu Jun 14, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: I was rear ended and the other guy wants a payout!
Replies: 109
Views: 10844

Re: I was rear ended and the other guy wants a payout!

In my state, if you are hit from behind , it's almost always considered the other driver's fault. I bet the insurance scammers would love to be in your state. They will just cut in front of you or pull out on to your lane and time it perfectly so there's no chance for you to react. Then it's their ...
by neveragain
Thu Jun 14, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 49
Views: 3658

Re: Question for those who used 529 plans

I have 3 529s, one for each granddaughter. Started them right after each kid was born with an initial contribution and add to it each year on their birthdays. Kids are now 14, 12 &10. The have the moderate age-adjusted plans (similar to VG Target Retirement plans). All 3 are in positive territory. ...
by neveragain
Thu Jun 14, 2018 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 49
Views: 3658

Re: Question for those who used 529 plans

When I left my last job in 2009 I had a deferred comp payout of $82K. My guess is that I had about $60K in that deferred comp account that grew to the $82K. Anyway, I put the entire lump sum in a 529 for my 2 boys. That $82K grew to $217K by the time I started withdrawing funds last semester. I had...
by neveragain
Thu Jun 14, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: I was rear ended and the other guy wants a payout!
Replies: 109
Views: 10844

Re: I was rear ended and the other guy wants a payout!

In my state, if you are hit from behind, it's almost always considered the other driver's fault.
by neveragain
Thu Jun 14, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 49
Views: 3658

Question for those who used 529 plans

I'd like to ask anyone here who used a 529 to put their child through college. Did your initial investment do well over time? At what percent did it grow? Did it grow so well that it actually doubled? I know a lot depends on the economy and who the plan is with but I wanted to get an idea of how peo...
by neveragain
Mon Jun 11, 2018 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: FSTVX (Fidelity Total Market Index Fund Premium Class) in Taxable account
Replies: 9
Views: 956

Re: FSTVX (Fidelity Total Market Index Fund Premium Class) in Taxable account

Do you feel like the taxes you pay are too much, or are you comfortable with it?
I'm in a low tax bracket as my spouse didn't earn much over the past few years.
by neveragain
Mon Jun 11, 2018 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: FSTVX (Fidelity Total Market Index Fund Premium Class) in Taxable account
Replies: 9
Views: 956

Re: FSTVX in Taxable account

pkcrafter wrote:
Mon Jun 11, 2018 3:30 pm

Now put ITOT into the quote box at the top and you can compare tax cost ratio. Whether you should sell FSTVX now depends on taxes. The fund is up 2.6% over the last 3 months.
Would it be better to sell when the fund is up?
by neveragain
Mon Jun 11, 2018 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Which way to save for my child?
Replies: 32
Views: 2109

Re: Which way to save for my child?

thanks to everyone for the responses and advice. i may do the 529 and taxable like some of you have suggested. is there any advantage to keeping the account in my name and earmarked for her or should i just do the UTMA account in her name. I know if my parents gave me a significant amount of money ...
by neveragain
Mon Jun 11, 2018 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Which way to save for my child?
Replies: 32
Views: 2109

Re: Which way to save for my child?

I'm no expert but I believe I read Jack Bogle uses the UGMA/UTMA and the Vanguard Balanced fund for his grandkids. I recall him saying that he doesn't like 529 plans due to the restrictions on withdrawals. My problem with UGMA is the child receives the full balance of the money once he turns 18, th...
by neveragain
Mon Jun 11, 2018 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: FSTVX (Fidelity Total Market Index Fund Premium Class) in Taxable account
Replies: 9
Views: 956

FSTVX (Fidelity Total Market Index Fund Premium Class) in Taxable account

I currently have FSTVX (Fidelity Total Market Index Fund Premium Class) in my taxable account with Fidelity. I found out it's not that good for taxable as it has capital gains. I bought this a while back, maybe 3 months ago. I had researched it and felt it would be a good fund for my taxable account...
by neveragain
Thu Mar 08, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't invest in my company 401K - mistake?
Replies: 24
Views: 2764

Re: Didn't invest in my company 401K - mistake?

15 years ago was pre-fininancial crisis… how did you guys navigate that particular storm? An early IRA account I had, (pre-bogleheads via UBS) had ridiculously high fees and a small balance, so that even though the funds themselves did relatively well compared to their benchmarks, the balances neve...
by neveragain
Thu Mar 08, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't invest in my company 401K - mistake?
Replies: 24
Views: 2764

Re: Didn't invest in my company 401K - mistake?

wolf359 wrote:
Thu Mar 08, 2018 11:05 am

You've implied that you invested in 401ks since then, or for the past 12 years.
No, after I left that job, I had no more jobs that offered 401Ks. I started an IRA and invested money in that.
by neveragain
Thu Mar 08, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't invest in my company 401K - mistake?
Replies: 24
Views: 2764

Re: Didn't invest in my company 401K - mistake?

The bigger question is what did you do with your money? Did you save it somewhere else instead or just spend it? I was paying all the bills at the time when my spouse was in a MBA program. I'm just reflecting back on things and wondering how I was duped by a so-called "financial expert". I had poor...
by neveragain
Wed Mar 07, 2018 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't invest in my company 401K - mistake?
Replies: 24
Views: 2764

Didn't invest in my company 401K - mistake?

Years ago when I got married, I was paying all our bills while my spouse was in school. My company offered a 401K plan. My spouse said he would get his cousin a "financial guru" and successful investor, to look over the 401k and give me his advice on it. So his cousin told me the plan wasn't worth m...
by neveragain
Sat Feb 24, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 37
Views: 3966

Re: The Three-Fund Portfolio

Taylor Larimore wrote:
Sat Feb 24, 2018 4:20 pm
neveragain wrote:
Sat Feb 24, 2018 4:10 pm

I haven't heard of Taylor Larrimore 3 fund portfolio. I'll have to look it up.
neveragain:

This is the link: The Three-Fund Portfolio

Best wishes.
Taylor
Thanks so much!
by neveragain
Sat Feb 24, 2018 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 37
Views: 3966

Re: Financial proposal from Adviser

Did his original computations INCLUDE all the loads and fees from the their funds as well as his costs? Ask him what the number would be with those expenses included. I bet his original numbers did not include them. It says "Charges and Fees" on an initial 200K investment is $3,500. But it doesn't ...