Search found 151 matches

by dia
Sat Dec 01, 2018 10:09 pm
Forum: Local Chapters and Bogleheads Community
Topic: Detroit Area Bogleheads - Master Thread
Replies: 53
Views: 17059

Re: Detroit Area Bogleheads - Master Thread

Hello, Any chance there will be a Webex/Skype available for those not able to attend in person to still be able to participate/contribute? Thank you! Bob Not this time... I will float the question and see if anything can be done. One complication is that the meeting room seems to have poor mobile p...
by dia
Sat Sep 29, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity within an IRA--can I transfer it?
Replies: 7
Views: 751

Re: Annuity within an IRA--can I transfer it?

Hello, We have what I believe is a Fixed Index Annuity--purchased in 2015 and IRA $$ was used to fund it. (I know, don't beat me up and they give these things such fancy-sounding names--you really have to dig through the weeds to determine what it really is). My age is mid50s--Does anyone know if I...
by dia
Sat Sep 29, 2018 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity within an IRA--can I transfer it?
Replies: 7
Views: 751

Re: Annuity within an IRA--can I transfer it?

read info at https://www.bogleheads.org/wiki/Equity-indexed_annuity Thank you --I did read that page previously as well as a billion other bogle-related postings on Annuities. This article does not address the withdrawal if transferred as an IRA and transferring OUT as an IRA. At least I couldn't f...
by dia
Sat Sep 29, 2018 8:05 am
Forum: Investing - Help with Personal Investments
Topic: Annuity within an IRA--can I transfer it?
Replies: 7
Views: 751

Annuity within an IRA--can I transfer it?

Hello, We have what I believe is a Fixed Index Annuity--purchased in 2015 and IRA $$ was used to fund it. (I know, don't beat me up and they give these things such fancy-sounding names--you really have to dig through the weeds to determine what it really is). My age is mid50s--Does anyone know if I ...
by dia
Sun Sep 02, 2018 7:03 am
Forum: Investing - Help with Personal Investments
Topic: Edward Jones advising roll over 401K to their IRA
Replies: 44
Views: 3859

Re: Edward Jones advising roll over 401K to their IRA

:moneybag I'm feeling pretty good about my instinct to post on here and to ask for advice. I feel this is the best thing I've done financially in some time. I look forward to learning more each day. I really do recommend "The Coffeehouse Investor" by Bill Schultheis. It's on Amazon for $15.00 I've ...
by dia
Sun Sep 02, 2018 6:39 am
Forum: Investing - Help with Personal Investments
Topic: Edward Jones advising roll over 401K to their IRA
Replies: 44
Views: 3859

Re: Edward Jones advising roll over 401K to their IRA

A. 401Ks have better protections from various asset-seizure events, such as a bankruptcy, or lawsuit. I would much rather keep money in a 401K ( a former employers 401K) than convert to an IRA, The only other advantage I can think of in addition to what is listed here is that in a 401k you can with...
by dia
Sat Sep 01, 2018 8:28 am
Forum: Local Chapters and Bogleheads Community
Topic: Detroit Area Bogleheads - Master Thread
Replies: 53
Views: 17059

Re: Detroit Area Bogleheads - Master Thread

Question to my fellow SE MI residents: The financial advisor my father and a couple siblings used recently passed away. The advisor owned & ran a small firm (him and a partner) and my family doesn't want to stick with that partner - need to move the accounts. Knowing that I'm fairly literate in thi...
by dia
Thu Aug 30, 2018 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with cash/emergency fund
Replies: 36
Views: 3620

Re: What to do with cash/emergency fund

Keep in mind that Vanguard does keep the possiblity of imposing a gate suspending withdrawals from Prime in certain circumstances. The odds of it happening are miniscule, but that would be a hard hit to take on a day you needed the money. What does this mean and does it apply to other money market ...
by dia
Wed Aug 29, 2018 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: Treasuries - how to buy (not using Treasury Direct)
Replies: 20
Views: 2224

Re: Treasuries - how to buy (not using Treasury Direct)

Thank you for sharing your experience Dia. Inspired by your posting, I was trying to purchase one month treasury bill. But I can't figure out how to do it from Vanguard's website after I click the "auction " option. It shows 1 month treasury bill has an auction open date of August 27, 2018. The "se...
by dia
Wed Aug 29, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Treasuries - how to buy (not using Treasury Direct)
Replies: 20
Views: 2224

Re: Treasuries - how to buy (not using Treasury Direct)

Thanks to this group, this week I bought T-bills for the very first time in my Schwab account. They always intimidated me because I didn't understand the process--you hear terms thrown around like "auction" and "announcement" and it sounded complex so I stayed away. However, thanks to reading a mill...
by dia
Sun Aug 26, 2018 6:33 am
Forum: Personal Finance (Not Investing)
Topic: Taking a job at a startup without a 401k
Replies: 23
Views: 1823

Re: Taking a job at a startup without a 401k

I work at a very small company (operates pretty much like a start-up). We have a 401k and I contribute the max, but the Expense Ratios in ALL the funds are MASSIVE (even Index funds). I imagine that's due to the small number of participants (under 20 I believe). The larger companies I worked for alw...
by dia
Thu Aug 23, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Christine Benz: "75 Must-Know Statistics About Long-Term Care"
Replies: 31
Views: 5941

Re: Christine Benz: "75 Must-Know Statistics About Long-Term Care"

$97,455 Median annual nursing-home cost, private room, 2017.

I wonder what quality of care you get for $97k. I'm not expecting over the top. That's the real troubling part for me.
by dia
Wed Aug 22, 2018 8:12 pm
Forum: Personal Consumer Issues
Topic: Need recommendation for home alarm system
Replies: 48
Views: 4439

Re: Need recommendation for home alarm system

So far I have been happy with Abode. You can turn professional monitoring on/off as needed which is what I like.
by dia
Fri Aug 17, 2018 6:19 pm
Forum: Personal Consumer Issues
Topic: How much did you pay to relocate laundry from basement to upstairs?
Replies: 23
Views: 2462

Re: How much did you pay to relocate laundry from basement to upstairs?

Not sure of the cost but would certainly give it serious consideration. My in-laws built their ranch home in the early 1980s--a simple ranch with the laundry in the basement. Now my Mother-in-law is a widow, elderly and she is able to get around but due to very bad knees is not able to go up and do...
by dia
Fri Aug 17, 2018 7:55 am
Forum: Personal Consumer Issues
Topic: How much did you pay to relocate laundry from basement to upstairs?
Replies: 23
Views: 2462

Re: How much did you pay to relocate laundry from basement to upstairs?

Not sure of the cost but would certainly give it serious consideration. My in-laws built their ranch home in the early 1980s--a simple ranch with the laundry in the basement. Now my Mother-in-law is a widow, elderly and she is able to get around but due to very bad knees is not able to go up and dow...
by dia
Mon Aug 13, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: Should I Do This? [borrow from relative to pay off loan]
Replies: 55
Views: 3211

Re: Should I Do This? [borrow from relative to pay off loan]

If you do decide to borrow the money from family (or anybody): Pay EVERY month just like any loan with any professional lender. I loaned money to a family member and what drove me nuts is the person would pay when they felt like it. Or, they paid when it was convenient in regard to the other things ...
by dia
Mon Aug 06, 2018 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: From TD Ameritrade to ...
Replies: 19
Views: 1623

Re: From TD Ameritrade to ...

At the start of the year I moved a portion of funds from 2 of our 5 accounts at Scottrade to Merrill Edge, to test the waters. We were very unhappy with the customer service interface at ME, and essentially gave up on having the accounts set up the way we had been told they would be from the start....
by dia
Sun Aug 05, 2018 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: From TD Ameritrade to ...
Replies: 19
Views: 1623

Re: From TD Ameritrade to ...

I second the less-than-stellar customer service at Merrill Edge. I have experience with 4 brokerages-- none are absolutely perfect, but ME has been the worst in the customer service dept for me. Just my experience--maybe I happen to hit a stroke of bad customer service over the last few months, not ...
by dia
Wed Aug 01, 2018 5:48 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1353
Views: 229403

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I wouldn't move to Merrill Edge no matter what bonus they offered. Good customer service is hit or miss over there. The last few months, I have experienced HORRIBLE customer service and moving away as quickly as possible after YEARS of being there. Between talking to reps who did not know what "com...
by dia
Sun Jul 29, 2018 7:30 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1353
Views: 229403

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

we received ME bonus six months to the day. Good to know. One month from now our 2 accounts should receive the bonus $. A few days later the ME accounts will be transferred back to TDA. We opened the ME accounts on a trial basis, just prior to TDA acquiring Scottrade, in case we disliked TDA. Howev...
by dia
Mon Jul 23, 2018 6:50 am
Forum: Investing - Theory, News & General
Topic: TIAA - Full POA *not* enough for all tasks any more - need "Guardianship" ??
Replies: 29
Views: 2201

Re: TIAA - Full POA *not* enough for all tasks any more - need "Guardianship" ??

It's amazing to me that these firms have all sorts of "security" in place resulting in keeping honest people from conducting legitimate business (even WITH all the proper authorizations in place). But then eventually you get notified that their systems have been hacked and the entire planet has your...
by dia
Sun Jul 22, 2018 6:39 am
Forum: Investing - Help with Personal Investments
Topic: Capital One offerings 2.30% on CDs - Should I?
Replies: 18
Views: 2145

Re: Capital One offerings 2.30% on CDs - Should I?

Not sure if it is still the case, but I was under the understanding that Cap One did not allow beneficiaries on any accounts. That alone I find troubling, even for short term. It may be just the online accounts.
by dia
Sun Jul 15, 2018 11:24 am
Forum: Investing - Theory, News & General
Topic: Which Brokerage to use strictly for Brokered CDs
Replies: 18
Views: 1790

Re: Which Brokerage to use strictly for Brokered CDs

TheTimeLord wrote:
Sun Jul 15, 2018 8:20 am
Use Fidelity for CDs.
Any particular reason? I am thinking I will open a Fidelity account because their website doesn't feel as confusing as the others, and I like the rollover feature, but curious why you are recommending them.
by dia
Sun Jul 15, 2018 11:17 am
Forum: Investing - Theory, News & General
Topic: Which Brokerage to use strictly for Brokered CDs
Replies: 18
Views: 1790

Re: Which Brokerage to use strictly for Brokered CDs

They are super nice at Schwab and helpful -- I have contacted them during the weekends, etc. I have also stopped in at the office once or twice to drop off stuff. I just helped my mom buy brokered CDs from Merrill Edge for her IRA. I wish I had discovered them sooner. It really is easier than shopp...
by dia
Sun Jul 15, 2018 6:19 am
Forum: Investing - Help with Personal Investments
Topic: How to buy T-Bills
Replies: 33
Views: 3678

Re: How to buy T-Bills

You mention the word "auction" for Tbills can you explain, doing a TON of reading on Tbills but confused on how they work. It sounds worse than it is. It isn't like bidding on a Teddy Ruxpin on Ebay where you have to constantly bid, raise your bid, and watch. You go to your brokerage and put in an ...
by dia
Sat Jul 14, 2018 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: How to buy T-Bills
Replies: 33
Views: 3678

Re: How to buy T-Bills

I think I'm just going to park it in VMMXX since it's yielding a solid 2% now with no effort and then try some treasuries on the site until I get comfortable with Vanguard. That's a good idea to just keep this at your brokerage versus opening up yet another account. VMMXX is a great MM fund and by ...
by dia
Sat Jul 14, 2018 7:01 pm
Forum: Investing - Theory, News & General
Topic: Which Brokerage to use strictly for Brokered CDs
Replies: 18
Views: 1790

Re: Which Brokerage to use strictly for Brokered CDs

I just bought my first ever brokered CD from Schwab, in an IRA. They don't have that "rollover" feature - I asked. The guy I talked to sounded like he'd heard the question before and said something along the lines of, "Working on it." They are super nice at Schwab and helpful -- I have contacted th...
by dia
Sat Jul 14, 2018 4:09 pm
Forum: Investing - Theory, News & General
Topic: Which Brokerage to use strictly for Brokered CDs
Replies: 18
Views: 1790

Re: Which Brokerage to use strictly for Brokered CDs

jeffyscott wrote:
Sat Jul 14, 2018 3:37 pm
If you decide you want to learn about treasuries, here's one discussion, that helped me with that:

viewtopic.php?f=10&t=250059
Thank you--I will go through it, I am eager to learn all that I can.
by dia
Sat Jul 14, 2018 3:04 pm
Forum: Investing - Theory, News & General
Topic: Which Brokerage to use strictly for Brokered CDs
Replies: 18
Views: 1790

Re: Which Brokerage to use strictly for Brokered CDs

A family member has a good chunk of $$$ sitting in a rather low-interest rate bank account and is interested in moving into one-year CDs. I think for 1 year, Treasuries might be better, if it is a taxable account? Currently yield is about the same but no state income tax on the Treasuries. It is a ...
by dia
Sat Jul 14, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: Which Brokerage to use strictly for Brokered CDs
Replies: 18
Views: 1790

Re: Which Brokerage to use strictly for Brokered CDs

I did some prelim research and did find the Fidelity Fixed Income section of their site especially interesting and seemed easy to use. I also like their extremely simple and helpful page on Laddering. I wasn't aware of the auto-roll, will read up on that. Thanks for the input welderwannabe and whodi...
by dia
Sat Jul 14, 2018 5:50 am
Forum: Investing - Theory, News & General
Topic: Which Brokerage to use strictly for Brokered CDs
Replies: 18
Views: 1790

Which Brokerage to use strictly for Brokered CDs

A family member has a good chunk of $$$ sitting in a rather low-interest rate bank account and is interested in moving into one-year CDs. They will not need the $$ prior to that. They do not want to watch rates at all the internet banks and move money around. They also had a recent bad experience at...
by dia
Tue Jul 10, 2018 9:07 am
Forum: Investing - Theory, News & General
Topic: 1 month Brokered CD, at 1.8%, Why?
Replies: 9
Views: 1055

Re: 1 month Brokered CD, at 1.8%, Why?

I month treasury is over 1.8%, to me a CD should at least pay more than a treasury (and savings accounts) to be worthwhile. What about 2-3 year brokered CDs at about 2.8%-3.1%? Thought of that but this is my mom’s IRA and she is in her mid 80s. Not sure I want to tie up her $$ that long in case of ...
by dia
Tue Jul 10, 2018 8:06 am
Forum: Investing - Theory, News & General
Topic: 1 month Brokered CD, at 1.8%, Why?
Replies: 9
Views: 1055

Re: 1 month Brokered CD, at 1.8%, Why?

alfaspider wrote:
Tue Jul 10, 2018 7:39 am
There are several online savings accounts that will give you 1.8% or more. Don't see the point of bothering with CDs for that rate.
For IRA accounts?
by dia
Tue Jul 10, 2018 8:05 am
Forum: Investing - Theory, News & General
Topic: 1 month Brokered CD, at 1.8%, Why?
Replies: 9
Views: 1055

Re: 1 month Brokered CD, at 1.8%, Why?

Discover online savings account is 1.75%, and Redneck is 2%. As mentioned in my original post, this is an IRA, those options aren't available for most of these. If they do offer an IRA version, the interest rates are not as high as the CD I mentioned. Plus I need to transfer out of Merrill which is...
by dia
Tue Jul 10, 2018 8:02 am
Forum: Investing - Theory, News & General
Topic: 1 month Brokered CD, at 1.8%, Why?
Replies: 9
Views: 1055

Re: 1 month Brokered CD, at 1.8%, Why?

bh7785 wrote:
Tue Jul 10, 2018 7:47 am
Discover online savings account is 1.75%, and Redneck is 2%.
This is IRA money. With many Banks such as Redneck, you must be able to go into a branch to open IRA accounts--not available online. I have already looked into these types of options.
by dia
Tue Jul 10, 2018 6:39 am
Forum: Investing - Theory, News & General
Topic: 1 month Brokered CD, at 1.8%, Why?
Replies: 9
Views: 1055

1 month Brokered CD, at 1.8%, Why?

Researching Brokered CD's at Merrill Edge and looking to park some IRA $$$ of my Mothers. I prefer to stick with Merrill Edge as the $$ is sitting in her cash account making near zero (I just sold some equities to balance her portfolio to less risk). I am noticing a few banks offering one-month CDs ...
by dia
Sun Jul 08, 2018 6:27 am
Forum: Personal Finance (Not Investing)
Topic: why do banks bother offering lousy CD rates?
Replies: 50
Views: 6349

Re: why do banks bother offering lousy CD rates?

I think the big brick & mortar banks (BofA, Chase, etc) are NOT interested in offering attractive CDs because they are more interested in issuing Credit Cards and when not doing that they want to cater to Business Accounts rather than personal. I agree that internet banking is the way to go, but I d...
by dia
Sat Jul 07, 2018 8:08 am
Forum: Investing - Help with Personal Investments
Topic: CIT Bank Current 1-YR CD Rate 2.5%
Replies: 15
Views: 3268

CIT Bank Current 1-YR CD Rate 2.5%

Hello, I am researching Conservative Investing options for my Mother who is in her 80s. I have her at a conservative allocation: 20/80. I came across CIT Bank with a 1-year CD at 2.5%. Their Money Mkt acct is at 1.85%. It's always a quandary of where to put cash, with nothing horribly impressive and...
by dia
Tue Mar 13, 2018 9:18 pm
Forum: Personal Consumer Issues
Topic: $12,000 Refrigerator? [Looking in $7k price range]
Replies: 71
Views: 9615

Re: $12,000 Refrigerator? [Looking in $7k price range]

I am in the market for a fridge and recently went shopping. Wow. Sticker shock. I would like to pay no more than $1000. What a joke. It needs to keep my food cold. That’s it. No fancy lighting—I don’t live in there. I don’t even need a water or ice dispenser since I have a faucet and a recipe for ic...
by dia
Wed Feb 14, 2018 9:34 pm
Forum: Personal Consumer Issues
Topic: Is LinkedIn premium worth it?
Replies: 18
Views: 2489

Re: Is LinkedIn premium worth it?

I am a premium member for access to the training videos offered. The training is well done and has been very helpful! Other than that, I wouldn't bother with Premium. I received just as many pings from recruiters without it. The advantage of being able to send Inmail hasn't been necessary--I usually...
by dia
Sun Feb 04, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Experts--Prudential Limited Pay Whole Life Insurance
Replies: 2
Views: 608

Re: Insurance Experts--Prudential Limited Pay Whole Life Insurance

One of the big problems with multi-decade policies is that the original death benefit is overwhelmed by inflation. My parents bought me one of these policies with a $3000 death benefit when I was a kid. I have not cashed it out yet but I intend to in our first year of retirement when our tax rate w...
by dia
Sat Feb 03, 2018 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Experts--Prudential Limited Pay Whole Life Insurance
Replies: 2
Views: 608

Insurance Experts--Prudential Limited Pay Whole Life Insurance

Please HELP me Insurance Experts. I don't understand Life Insurance policies at all . My husband has a Limited Pay Whole Life Insurance policy from Prudential (parents did this way back when). All premiums have been paid. Every year we get a 1099INT for interest income on the accumulated dividends (...
by dia
Sun Jan 28, 2018 7:22 am
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 11069

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

DanMahowny wrote:
Sat Jan 27, 2018 4:01 pm
Just yesterday, I replaced my 5+ year old Samsung Galaxy S3.

Upgraded to a Google Pixel 2 XL, and the Google Fi network.
Tell me your thoughts on the Pixel, good and bad. That may be my next phone, although I would be coming from Apple so will have more of a learning curve.
by dia
Sat Jan 27, 2018 7:34 am
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 11069

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

I have a 3.5 year old iPhone 6. The battery life is horrible. It drops from 50% to 35% immediately and completely shuts off when it hits 30%. I called the repair number to get an appt for the $29 replacement. I asked if they would change the Battery at that appt and was told YES. Well, arrived at th...
by dia
Fri Jan 26, 2018 10:10 pm
Forum: Personal Consumer Issues
Topic: Buying This Week: IPhone X or IPhone 8 Plus
Replies: 35
Views: 3949

Re: Buying This Week: IPhone X or IPhone 8 Plus

I have a 3.5 year old iPhone 6. The battery life is horrible. It completely shuts off when it hits 30%. I called the repair number to get an appt for the $29 replacement. I asked if they would change the Battery at that appt and was told yes. Well, got to the appt, they ran diagnostics and said yep ...
by dia
Sun Jan 07, 2018 9:33 pm
Forum: Personal Consumer Issues
Topic: Airbnb - Guide a beginner
Replies: 28
Views: 3339

Re: Airbnb - Guide a beginner

I used Airbnb once (S California) and it was an OK experience. Here's a tip: Read ALL the reviews, and also, check WHO writes them. The place I stayed at had many STELLAR reviews that made the place sound so perfect and amazingly good in every respect. It wasn't an awful place, but afterward when I ...
by dia
Wed Dec 27, 2017 9:24 pm
Forum: Personal Consumer Issues
Topic: Any Instant Pot users here?
Replies: 104
Views: 13807

Re: Any Instant Pot users here?

I used mine to make corned beef. It was absolutely the best I have ever made.
by dia
Fri Nov 17, 2017 7:49 pm
Forum: Personal Consumer Issues
Topic: My dad's army jacket
Replies: 76
Views: 7657

Re: My dad's army jacket

Spirit Rider: thanks for posting 10 USC 771. I confess I'm flabbergasted. The DoD itself sells surplus, new in the wrapper, clothing; I know because I've bought a lot of it over the years! I wonder what they think is going to happen to all that? I took a short look through that section of the USC l...
by dia
Fri Nov 17, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: My dad's army jacket
Replies: 76
Views: 7657

Re: My dad's army jacket

Wricha wrote:
Fri Nov 17, 2017 3:40 pm
Vet here (which means absolutely nothing).
Means something. Absolutely. Thank you.
by dia
Fri Nov 17, 2017 10:27 am
Forum: Personal Consumer Issues
Topic: My dad's army jacket
Replies: 76
Views: 7657

Re: My dad's army jacket

bottlecap wrote:
Fri Nov 17, 2017 10:18 am
It’s very unlikely that someone will mistake you for a 1950’s veteran for wearing just the jacket.

I’m not sure in what context you can wear it in public, however, if you are over 30, and not look at least a little weird.
I won't look weird. Promise.