Search found 315 matches
- Sun May 09, 2021 6:17 pm
- Forum: Personal Finance (Not Investing)
- Topic: Turbo Tax importing information from Fidelity
- Replies: 7
- Views: 890
Turbo Tax importing information from Fidelity
Is it safe to give Turbo Tax your account number, password, and user name to import information from Fidelity into Turbo Tax?
- Thu Feb 11, 2021 10:13 am
- Forum: Personal Finance (Not Investing)
- Topic: Whole Life Insurance
- Replies: 111
- Views: 9404
Re: Whole Life Insurance
Question: What is the difference between term life insurance and whole life insurance?
- Fri Feb 05, 2021 1:15 pm
- Forum: Personal Finance (Not Investing)
- Topic: Adding/building on new room to a house
- Replies: 9
- Views: 924
Re: Adding/building on new room to a house
what kind of foundation, like a slab or pier and beam?Jack FFR1846 wrote: ↑Fri Feb 05, 2021 9:16 am
If we had to do a foundation, I'd expect we'd have added at least fifteen grand to that price.
- Fri Feb 05, 2021 7:34 am
- Forum: Personal Finance (Not Investing)
- Topic: Adding/building on new room to a house
- Replies: 9
- Views: 924
Adding/building on new room to a house
Has anyone here ever built a new room onto a house, as in, for example, you wanted an extra bedroom or bathroom. And how much was the total cost to build on the new room?
- Fri Feb 05, 2021 7:32 am
- Forum: Personal Finance (Not Investing)
- Topic: UGMA and 529 plan
- Replies: 6
- Views: 760
- Sun Jan 24, 2021 5:34 pm
- Forum: Personal Investments
- Topic: Can you have both 529 and UGMA plan
- Replies: 5
- Views: 578
Re: Can you have both 529 and UGMA plan
Ok, so if I live in Texas, I would be taking out an UTMA, not an UGMA.Spirit Rider wrote: ↑Sun Jan 24, 2021 5:20 pm First, only SC supports new UGMA accounts. Texas and all other states adopted UTMA accounts.
You can have UTMA accounts and 529 accounts for the same individual, subject to gift tax reporting rules for the combined contributions.
- Sun Jan 24, 2021 4:48 pm
- Forum: Personal Investments
- Topic: Can you have both 529 and UGMA plan
- Replies: 5
- Views: 578
Re: Can you have both 529 and UGMA plan
OK thanks.
- Sun Jan 24, 2021 3:43 pm
- Forum: Personal Finance (Not Investing)
- Topic: UGMA and 529 plan
- Replies: 6
- Views: 760
UGMA and 529 plan
Is it possible to fund both an UGMA and a 529 plan for the same child?
I live in Texas.
I live in Texas.
- Sun Jan 24, 2021 3:41 pm
- Forum: Forum Issues and Administration
- Topic: 48-72 hour waiting period for first post?
- Replies: 34
- Views: 3883
Re: 48-72 hour waiting period for first post?
I am an older poster, but my last two posts did not show up.
- Sun Jan 24, 2021 1:37 pm
- Forum: Personal Investments
- Topic: Can you have both 529 and UGMA plan
- Replies: 5
- Views: 578
Can you have both 529 and UGMA plan
Is it possible to take out both a 529 plan and an UGMA for the same child?
I live in Texas.
I live in Texas.
- Sat Dec 05, 2020 11:26 am
- Forum: Personal Consumer Issues
- Topic: Saving $ on my coffee habit
- Replies: 95
- Views: 7918
Re: Saving $ on my coffee habit
I did a price comparison. Keurig pods are far more expensive than drip coffee or instant. We got rid of our Keurig.
I get espresso shots at Starbucks which cost less than a regular drink.
You do not have to eliminate coffee from your lifestyle if its' something you truly enjoy. You can save money in other areas.
I get espresso shots at Starbucks which cost less than a regular drink.
You do not have to eliminate coffee from your lifestyle if its' something you truly enjoy. You can save money in other areas.
- Thu Dec 03, 2020 2:25 pm
- Forum: Personal Consumer Issues
- Topic: Pipes need replaced under slab foundation in house
- Replies: 4
- Views: 690
Pipes need replaced under slab foundation in house
This is going to be expensive.
Home built in 70s with rusty pipes. They need to be replaced at some point. Not sure how much longer they can go on. But it's going to be very expensive since they have to dig up the floor in the house to get under the concrete slab. Could cost anywhere from 20 to 30 K or more.
Has anyone else had this problem?
And how did you handle it financially and are there any feasible alternatives?
Home built in 70s with rusty pipes. They need to be replaced at some point. Not sure how much longer they can go on. But it's going to be very expensive since they have to dig up the floor in the house to get under the concrete slab. Could cost anywhere from 20 to 30 K or more.
Has anyone else had this problem?
And how did you handle it financially and are there any feasible alternatives?
- Sat Apr 25, 2020 9:23 pm
- Forum: Personal Investments
- Topic: Buyer's remorse - stock
- Replies: 19
- Views: 2019
Re: Buyer's remorse - stock
It's considered a "high risk" stock. Although it's doing well right now, it may crash and burn later. Inovio is working on developing a vaccine for the Corona Virus. did you not know it was a high risk stock when you bought it? I don't own individual stocks and don't recommend them. So not sure what price you paid (if you bought earlier in the day before the price went up or not) but either way, sounds like you should be able to get out with either a profit or the money you invested. hopefully a good lesson learned and maybe you can share more about the particulars of how you came to this decision so quickly. Sometimes it takes people quite a while to learn. Your story might benefit others. It certainly has piqued my curiosity. T...
- Sat Apr 25, 2020 8:44 pm
- Forum: Personal Investments
- Topic: Buyer's remorse - stock
- Replies: 19
- Views: 2019
Re: Buyer's remorse - stock
[/quote]
nope. supercomputers buy and sell stocks in nanoseconds now (sometimes many times in one day).
Can I ask why you have buyer's remorse?
Looks like the stock went up 14% on Friday (between open and close).
[/quote]
It's considered a "high risk" stock. Although it's doing well right now, it may crash and burn later.
Inovio is working on developing a vaccine for the Corona Virus.
nope. supercomputers buy and sell stocks in nanoseconds now (sometimes many times in one day).
Can I ask why you have buyer's remorse?
Looks like the stock went up 14% on Friday (between open and close).
[/quote]
It's considered a "high risk" stock. Although it's doing well right now, it may crash and burn later.
Inovio is working on developing a vaccine for the Corona Virus.
- Sat Apr 25, 2020 8:22 pm
- Forum: Personal Investments
- Topic: Buyer's remorse - stock
- Replies: 19
- Views: 2019
- Sat Apr 25, 2020 8:21 pm
- Forum: Personal Investments
- Topic: Buyer's remorse - stock
- Replies: 19
- Views: 2019
Re: Buyer's remorse - stock
Ok thanks. I thought there might be a three-day rule or something.retired@50 wrote: ↑Sat Apr 25, 2020 7:54 pmNo time limit.neveragain wrote: ↑Sat Apr 25, 2020 7:41 pm I bought a stock through Fidelity (i have account with them) on Friday. Now I have buyer's remorse. I have never sold a stock before, so what is the time limit I have to keep it before I can sell it?
That's what day-trading is all about, not that I'd recommend it.
Regards,
- Sat Apr 25, 2020 8:20 pm
- Forum: Personal Investments
- Topic: Buyer's remorse - stock
- Replies: 19
- Views: 2019
Re: Buyer's remorse - stock
It is considered a "high risk" stock. It is in Inovio. INO. is the symbol.annu wrote: ↑Sat Apr 25, 2020 8:05 pm If you bought it based on a site recommendation, some email or subscription list, maybe sharing what it is will help, as folks can help you decide. Stocks do fluctuate, especially right now, so it might be worthwhile to share more.
There is short term and long term Gain/Loss, but besides that there is no time limit.
- Sat Apr 25, 2020 7:41 pm
- Forum: Personal Investments
- Topic: Buyer's remorse - stock
- Replies: 19
- Views: 2019
Buyer's remorse - stock
I bought a stock through Fidelity (i have account with them) on Friday. Now I have buyer's remorse. I have never sold a stock before, so what is the time limit I have to keep it before I can sell it?
- Mon Mar 30, 2020 4:38 pm
- Forum: Investing - Theory, News & General
- Topic: CDs were my best investment last year
- Replies: 5
- Views: 736
CDs were my best investment last year
I must say, although I was mocked for putting money in CDs last year, I'm so glad I did it. Although I lost some money in my IRA, 401K, etc. at least I didn't invest everything and put the money in CDs, which paid handsome interest rates.
- Fri Oct 11, 2019 7:53 am
- Forum: Investing - Theory, News & General
- Topic: Motley Fool
- Replies: 21
- Views: 4757
Re: Motley Fool
Thanks. I won't waste my money on it.Rus In Urbe wrote: ↑Thu Oct 10, 2019 4:02 pm Back in the day when Motley Fool got started (1993) they released some interesting books on investing and had a process that was not too bad. But now? Good grief. MF has devolved into noise, ad-driven outdated drivel.
No, no, no. Don't waste your time or money on them.... You may as well read the panting, hysterical, often wrong financial gurus who make their money giving out bad advice.
It's better to check out some of the smart books on investing that other Bogleheads will recommend (there are threads on this).
Education is key. Motley Fool doesn't not offer that.
- Thu Oct 10, 2019 1:18 pm
- Forum: Investing - Theory, News & General
- Topic: Motley Fool
- Replies: 21
- Views: 4757
Motley Fool
Is a subscription to Motley Fool worth it? I'm trying to decide if I want to subscribe.
- Mon Jul 08, 2019 4:18 pm
- Forum: Personal Investments
- Topic: 401K question - tricky situation
- Replies: 25
- Views: 2113
Re: 401K question - tricky situation
I'm maxing it out to the fullest extent.retiringwhen wrote: ↑Mon Jul 08, 2019 12:30 pmThat is good, you can participate but any matches won’t be vested until after 6 mos. that is actually a pretty generous plan. Start saving away!neveragain wrote: ↑Mon Jul 08, 2019 12:15 pm OK, I called HR. They said you can have deductions before you have worked 1,000 hours. But you can't be vested until you've worked 1,000 hours.
- Mon Jul 08, 2019 12:15 pm
- Forum: Personal Investments
- Topic: 401K question - tricky situation
- Replies: 25
- Views: 2113
Re: 401K question - tricky situation
OK, I called HR. They said you can have deductions before you have worked 1,000 hours. But you can't be vested until you've worked 1,000 hours.
- Mon Jul 08, 2019 11:49 am
- Forum: Personal Investments
- Topic: 401K question - tricky situation
- Replies: 25
- Views: 2113
Re: 401K question - tricky situation
I called HR, but all 401K questions are all routed to Vanguard (through the automated voice system).
So I told the Vanguard rep I haven't worked 1000 hours yet. But he says this went through and payroll deductions are set to go. My company has over half a million employees so they may not "catch" it. The Vanguard rep said if they do catch it, they won't allow payroll deductions until I've reached 1,000 hours. But he also said he doesn't know if the 1,000 hour requirement is up-to-date or not; that it may have changed.
So I told the Vanguard rep I haven't worked 1000 hours yet. But he says this went through and payroll deductions are set to go. My company has over half a million employees so they may not "catch" it. The Vanguard rep said if they do catch it, they won't allow payroll deductions until I've reached 1,000 hours. But he also said he doesn't know if the 1,000 hour requirement is up-to-date or not; that it may have changed.
- Sun Jul 07, 2019 8:51 pm
- Forum: Personal Investments
- Topic: 401K question - tricky situation
- Replies: 25
- Views: 2113
Re: 401K question - tricky situation
Hard to say what is going on here. You may have opened up an individual (or solo) 401(k) completely unassociated with your employer's 401(k) which uses Vanguard as the custodian. I would sort things out before making any more moves such as closing this 401(k). No, it was associated with my employer's 401K since it uses the employer's plan number. So it's not a solo 401K. I just enrolled on Friday and I hope I can do something Monday (tomorrow) to cancel it or stop the contributions. My employer might not be happy about this. I would call HR on Monday. They will be able to intervene or tell you what you need to do to stop the payroll deduction. I wouldn't worry about the account though. It can be setup and dormant. Heck, they may say that t...
- Sun Jul 07, 2019 8:50 pm
- Forum: Personal Investments
- Topic: 401K question - tricky situation
- Replies: 25
- Views: 2113
Re: 401K question - tricky situation
Thanks.Jack FFR1846 wrote: ↑Sun Jul 07, 2019 8:31 pm Just leave it.
If the company isn't going to allow you to fund it till you've hit 1000 hours, then they won't deduct and put in the 401k until you hit 1000 hours.
I don't understand why you're freaking out over this. They want the account set up and ready when the time hits.
Now I remember that when I set it up with Vanguard, they asked my hire date and I told them it was June 2019 (last month). So they had to realize that I haven't reached 1000 hours yet.
- Sun Jul 07, 2019 8:20 pm
- Forum: Personal Investments
- Topic: 401K question - tricky situation
- Replies: 25
- Views: 2113
Re: 401K question - tricky situation
Thanks.HawkeyePierce wrote: ↑Sun Jul 07, 2019 8:16 pmI don't think anyone here can provide an answer for you. You need to talk to Vanguard and your HR department. That said, it generally takes two weeks for changes made on Vanguard's end to take effect with our payroll department so you may have time to fix it.neveragain wrote: ↑Sun Jul 07, 2019 8:14 pmThat's kind of worrisome. Because I wasn't supposed to set this up yet. I plan to contact them tomorrow to see if they can cancel the payroll deductions. Do you think they would?HawkeyePierce wrote: ↑Sun Jul 07, 2019 8:13 pm With my Vanguard 401k, we set our payroll deductions through vanguard.com. So, you may have already set up payroll deductions.
- Sun Jul 07, 2019 8:18 pm
- Forum: Personal Investments
- Topic: 401K question - tricky situation
- Replies: 25
- Views: 2113
Re: 401K question - tricky situation
No, it was associated with my employer's 401K since it uses the employer's plan number. So it's not a solo 401K. I just enrolled on Friday and I hope I can do something Monday (tomorrow) to cancel it or stop the contributions. My employer might not be happy about this.livesoft wrote: ↑Sun Jul 07, 2019 8:16 pm Hard to say what is going on here. You may have opened up an individual (or solo) 401(k) completely unassociated with your employer's 401(k) which uses Vanguard as the custodian.
I would sort things out before making any more moves such as closing this 401(k).
- Sun Jul 07, 2019 8:14 pm
- Forum: Personal Investments
- Topic: 401K question - tricky situation
- Replies: 25
- Views: 2113
Re: 401K question - tricky situation
That's kind of worrisome. Because I wasn't supposed to set this up yet. I plan to contact them tomorrow to see if they can cancel the payroll deductions. Do you think they would?HawkeyePierce wrote: ↑Sun Jul 07, 2019 8:13 pm With my Vanguard 401k, we set our payroll deductions through vanguard.com. So, you may have already set up payroll deductions.
- Sun Jul 07, 2019 8:11 pm
- Forum: Personal Investments
- Topic: 401K question - tricky situation
- Replies: 25
- Views: 2113
Re: 401K question - tricky situation
Also, can I just close the 401K if there are zero dollars in it?
- Sun Jul 07, 2019 7:57 pm
- Forum: Personal Investments
- Topic: 401K question - tricky situation
- Replies: 25
- Views: 2113
Re: 401K question - tricky situation
Unless you turned on some sort of paycheck deduction to start contributing, you may have an account, but you aren't yet participating. I would read the plan description on how you setup the payroll deduction component of the plan. It probably will not be active or allowed until you have 1,000 hours. If you got it setup early, it will be an interesting discussion with your employer on how they'll handle the ineligible contributions. If so, you may have found a loophole :-) When I set it up with Vanguard, they asked me what percent did I want to contribute and I told them. I don't know if that's the same thing as turning in a paycheck deduction. But I don't know if they have coordinated with my company's payroll department on this, however.
- Sun Jul 07, 2019 7:51 pm
- Forum: Personal Investments
- Topic: 401K question - tricky situation
- Replies: 25
- Views: 2113
401K question - tricky situation
I began working for a company and they sent me a letter stating that I could enroll in the 401K and the letter had instructions on how to do so. It said to log into Vanguard "any time" and do it. So I followed the instructions and set it up in a Vanguard 401K account. It's currently "zero dollars" nothing in it. Then I read somewhere in a company brochure that you have to have worked 1,000 hours to be eligible. I did not realize that and don't know why they sent me the letter telling me to enroll, since i'm fairly new. I haven't worked 1,000 hours yet, not even close. My question is, do I contact Vanguard and tell them to terminate the 401K (again, it has zero dollars) for now? Or let it sit there until I've accrued 1,00...
- Wed May 29, 2019 2:13 pm
- Forum: Personal Consumer Issues
- Topic: How to affordably get rid of home pool
- Replies: 35
- Views: 3903
Re: How to affordably get rid of home pool
Though it may not add value, could it make the house hard to sell? Obviously, many people do not want a pool, but if this is an expectation in your area, it might hurt down the road. Have you tried the Troublefreepool blog/site? Chemical costs and upkeep time are very minimal. Yes, things can still break, but those events happen less often. The pool is a vinyl liner pool. It is not gunnite. Vinyl liner pools are probably not desirable to home buyers. So I think it does not add value to the home. at all. We could keep the existing pool structure in case a home buyer wanted to convert it to gunnite, but it would probably cost them 20K to do that. And I doubt they would want a big empty, vinyl liner pool in their yard either. Nobody wants a v...
- Wed May 29, 2019 10:53 am
- Forum: Personal Consumer Issues
- Topic: How to affordably get rid of home pool
- Replies: 35
- Views: 3903
Re: How to affordably get rid of home pool
I'm confused here. Why would I care if the pool is damaged, if I am trying to get rid of the pool anyway?stan1 wrote: ↑Wed May 29, 2019 10:51 amThe pool is designed such that the weight and pressure of the water helps it keep its form and avoid cracking. If you empty the pool there's a good chance it will be damaged and cost to repair could exceed $5K or it could become unrepairable.neveragain wrote: ↑Wed May 29, 2019 10:43 am Would "mothballing" the pool be a cheaper option? I"m okay with the yard being ugly for a while. I just want rid of the pool for starters. It's costing too much money and time to maintain.
- Wed May 29, 2019 10:43 am
- Forum: Personal Consumer Issues
- Topic: How to affordably get rid of home pool
- Replies: 35
- Views: 3903
Re: How to affordably get rid of home pool
We have a swimming pool in our back yard that has cost money and time over the years and are ready to get rid of it. However, I called an excavation company that said i t would cost around 5K to fill it all in with dirt , break up the surrounding concrete and all that. We aren't ready to pay that much. But if we drain the pool it eventually collects waters and mosquitoes. Any affordable way now, to deal with this pool or finance the excavation, such as having it done partially now and the rest later? I am actually surprised that it would only cost this much. I would want to make 100% sure all applicable laws and regulations are followed. I think I would want the whole pool removed - not just filled in. Don't know - but are there any ways t...
- Wed May 29, 2019 10:20 am
- Forum: Personal Consumer Issues
- Topic: How to affordably get rid of home pool
- Replies: 35
- Views: 3903
How to affordably get rid of home pool
We have a swimming pool in our back yard that has cost money and time over the years and are ready to get rid of it. However, I called an excavation company that said it would cost around 5K to fill it all in with dirt, break up the surrounding concrete and all that. We aren't ready to pay that much. But if we drain the pool it eventually collects waters and mosquitoes.
Any affordable way now, to deal with this pool or finance the excavation, such as having it done partially now and the rest later?
Any affordable way now, to deal with this pool or finance the excavation, such as having it done partially now and the rest later?
- Fri Apr 05, 2019 2:26 pm
- Forum: Personal Investments
- Topic: Ohio 529 any experience with this plan?
- Replies: 23
- Views: 2347
Re: Ohio 529 any experience with this plan?
I did not select the CD option but if they are ten or twelve years, I couldn't do it. We'll be using the money in 8 years.
- Fri Apr 05, 2019 12:27 pm
- Forum: Personal Investments
- Topic: Ohio 529 any experience with this plan?
- Replies: 23
- Views: 2347
Re: Ohio 529 any experience with this plan?
The Ohio plan that uses Blackrock funds is an adviser-sold plan.trustquestioner wrote: ↑Fri Apr 05, 2019 10:24 am We have Ohio 529 accounts, believe the money is in Black Rock funds; they’ve performed well.
The direct purchase Ohio 529 uses Vanguard.
- Fri Apr 05, 2019 8:02 am
- Forum: Personal Investments
- Topic: Ohio 529 any experience with this plan?
- Replies: 23
- Views: 2347
Ohio 529 any experience with this plan?
Any experience with Ohio 529 and how it the performance of this plan and the fees?
- Fri Mar 29, 2019 2:07 pm
- Forum: Personal Investments
- Topic: Experience with Edward Jones?
- Replies: 76
- Views: 10251
Re: Experience with Edward Jones?
Fidelity would never pull a stunt like this.Jack FFR1846 wrote: ↑Fri Mar 29, 2019 10:07 am Wow....the OP has a lot of tolerance for abuse. I would absolutely not put up with this behavior. If my Fidelity Private Client manager contacted me and strongly suggested that I do anything, my $1.5M and my wife's quarter mil account moves would initiate in minutes.
- Thu Mar 28, 2019 9:26 pm
- Forum: Personal Investments
- Topic: Experience with Edward Jones?
- Replies: 76
- Views: 10251
Re: Experience with Edward Jones?
i bailed from EJ...my original broker that setup my IRA 20 years ago died and i was assigned a new broker,,was sent all kinds of papers to sign saying he wanted my American Funds IRA shares transferred to EJ custody,,also wanted me to sell a portion of my IRA to invest in stocks( instant commissions for him) and also wanted to set me up with a living will (more commissions) ..i immediately moved my money out of EJ,,,this guy was just looking at me as a cash cow to generate some commissions and for him to suggest me liquidate a portion of my IRA to buy stocks they recommended was a flashing warning sign GTFO... What I believe is that EJ brokers hate IRAs and 529 plans because they can't do much with them. There is a flat 1.35% AUM fee on th...
- Thu Mar 28, 2019 9:21 pm
- Forum: Personal Investments
- Topic: Experience with Edward Jones?
- Replies: 76
- Views: 10251
- Thu Mar 28, 2019 5:19 pm
- Forum: Personal Investments
- Topic: Experience with Edward Jones?
- Replies: 76
- Views: 10251
Re: Experience with Edward Jones?
I've made a complaint to FINRA. They are going to help me.radiowave wrote: ↑Thu Mar 28, 2019 4:51 pmIf it's closed, does that mean you won't be able to transfer the funds to another brokerage? If so, that's a bit drastic. How do you get access to your closed account?neveragain wrote: ↑Thu Mar 28, 2019 10:49 am I went to log in to my EJ account this morning to check my 529 holding and found out the broker closed my account without my permission or putting anything in writing.
- Thu Mar 28, 2019 10:49 am
- Forum: Personal Investments
- Topic: Experience with Edward Jones?
- Replies: 76
- Views: 10251
Re: Experience with Edward Jones?
I went to log in to my EJ account this morning to check my 529 holding and found out the broker closed my account without my permission or putting anything in writing.
- Wed Mar 27, 2019 5:55 pm
- Forum: Personal Investments
- Topic: Experience with Edward Jones?
- Replies: 76
- Views: 10251
Re: Experience with Edward Jones?
I used them for years before I knew better... The best thing I ever did was close my account with EJ, transfer everything to Fidelity, and setting up a 3-Fund Boglehead-type portfolio. EJ will nickel and dime you to death. Its how they make money. They talk you into buying or selling just to get a commission, automatically take a cut of your dividends, pressure you to use their "managed" services at a 1 or 2% total account fee, etc, etc... when you close your account they will even charge you a $100 fee as a final kick in the groin. Fidelity actually reimbursed me for EJ's stupid fee believe it or not! Not only that, but this person asked me what I was "going to do with my house". I told him "live in it." It s...
- Wed Mar 27, 2019 5:52 pm
- Forum: Personal Investments
- Topic: Experience with Edward Jones?
- Replies: 76
- Views: 10251
Re: Experience with Edward Jones?
Thanks.
What I have come to learn is that many financial advisers do not like 529 plans because changes to them can only be made twice a year. So, not much to do with them or many ways to make money off them. He knows I have money invested elsewhere, a lot more, and has been very persistent in trying to get that from me.
What I have come to learn is that many financial advisers do not like 529 plans because changes to them can only be made twice a year. So, not much to do with them or many ways to make money off them. He knows I have money invested elsewhere, a lot more, and has been very persistent in trying to get that from me.
- Wed Mar 27, 2019 5:34 pm
- Forum: Personal Investments
- Topic: Experience with Edward Jones?
- Replies: 76
- Views: 10251
Re: Experience with Edward Jones?
I'd like to speak to someone with experience investing with Edward Jones. I have had accounts with them in the past and am having difficult now with them hassling me for more business. I just don't know what to say anymore. You should say "goodbye". But wait until you have moved all your holdings to another brokerage before you communicate directly with them. Seriously. Work with your recipient brokerage, tell them you want to move your holdings to them, and let them handle the transfer. Do not try to work it from the EJ end. Thanks. I don't plan to contact EJ when I move. Also I paid loads for these funds, I believe they were front end loads Class A shares. Given that, the fund is doing quite well and I may leave it there for a ...
- Tue Mar 26, 2019 9:28 pm
- Forum: Personal Investments
- Topic: Has anyone switched 529 plans more than twice?
- Replies: 1
- Views: 284
Has anyone switched 529 plans more than twice?
For anyone who has moved your 529 plan have you moved it more than twice? Either because you found a better plan or for some other reason. I've had some 529 plans in two different plans so far and getting ready to change them again.
- Tue Mar 26, 2019 5:43 pm
- Forum: Personal Investments
- Topic: Fidelity 529
- Replies: 17
- Views: 2826
Re: Fidelity 529
Utah used to be competitive, but now the Administrative Fees alone are 0.14-0.19, which are higher than some total fees of other programs. You have to add the Fund Fees, which makes it even worse. I don't know if they've always been at this level, or they raised them, but everyone else has been lower fees to the total fees to be 0.08-0.13 level for the more competitive ones. I wouldn't worry about 1-2 basis points, but 5-10 and I'd start asking questions and/or looking elsewhere. https://my529.org/start/investment-information-customized-options/fees-and-expenses/ When I talk out the Utah plan a couple of years ago, they were consistently ranked one of the best 529 plans. So right after I posted that,I logged in to the Utah 529 plan site an...
- Tue Mar 26, 2019 4:46 pm
- Forum: Personal Investments
- Topic: Experience with Edward Jones?
- Replies: 76
- Views: 10251
Re: Experience with Edward Jones?
I'd rather leave my fund at EJ for the time being. I feel like it's almost like a form of financial abuse to order me to take my fund elsewhere if I'm not going to invest any more money with him. Like I said above, you should make a complaint. I pay a yearly administrative fee so I would prefer to leave it there until the end of the year.... Your fee may be "annual" but that does not mean you need to leave it until the end of the year. It is likely charged quarterly and I think (but do not know) they can only charge you for the days you are using it. I don't believe I actually have to move my fund to a different company. I don't think you do either. I might move it to a different EJ office for the time being. No. Don't do that. J...