Search found 36 matches

by geospatial
Fri Apr 20, 2018 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 88
Views: 15656

Re: Ally Bank No penalty CD for parking cash, is there a catch?

Can someone explain how the gross expense ratio and/or net expense ratio affects the yield (both 7-day and TEY) of a muni money market fund? Is it already accounted for in those reported numbers? I'm still trying to wrap my head around the math involved in comparing CDs vs. MMMFs. If it helps to get...
by geospatial
Tue Apr 10, 2018 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Employer fund options or broker instead?
Replies: 4
Views: 288

Re: Employer fund options or broker instead?

I believe the fund options and expense ratios for the index funds are competitive with the big brokers out there (Vanguard, Fidelity, Schwab, etc...) but would like confirmation based on others' experience/knowledge You have some excellent low-cost options. The primary ones are: Large Company Stock...
by geospatial
Mon Apr 09, 2018 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Employer fund options or broker instead?
Replies: 4
Views: 288

Employer fund options or broker instead?

I have access to a 457 plan through employer and have been taking advantage of it. I believe the fund options and expense ratios for the index funds are competitive with the big brokers out there (Vanguard, Fidelity, Schwab, etc...) but would like confirmation based on others' experience/knowledge, ...
by geospatial
Wed Apr 04, 2018 12:52 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6392
Views: 1370974

Re: U.S. stocks in freefall

Christine600 wrote: ↑
Wed Apr 04, 2018 11:45 am
But by all means - if the US think Norway is a dangerous country they probably should take some measures. :mrgreen:
Your winter Olympians are a global threat that must be stopped at all costs.

:sharebeer
by geospatial
Fri Mar 30, 2018 7:32 am
Forum: Personal Finance (Not Investing)
Topic: CIT Bank money market acct + no penalty CD
Replies: 2
Views: 466

CIT Bank money market acct + no penalty CD

Currently CIT bank (not CITI) has a money market interest rate of 1.75% and an 11-month no EW penalty CD at 1.85%. This is better than Ally at the moment, where I already have an account. So I'm considering shifting some of my cash holdings there. But before doing so, I'm interested in hearing bogle...
by geospatial
Sat Mar 24, 2018 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Any Recent investors here?
Replies: 43
Views: 2790

Re: Any Recent investors here?

If the market goes south for a month, a few months, a year, a couple of years, as long as your timeframe is still long-term, every purchase you make while the market is lower is at a discount. You get to buy equities cheaper. For sake of argument, consider two scenarios... 1. You plan on investing f...
by geospatial
Tue Feb 27, 2018 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Quick bond pricing + effective duration question
Replies: 9
Views: 906

Re: Quick bond pricing + effective duration question

Can someone quickly show how the $101 and $99.25 values for P(1) and P(2) were calculated? Hmm. No, not without years to maturity and payments per year. Perhaps they have been omitted for this theoretical exercise, and you're just supposed to take the results... at face value. (Sorry about the pun....
by geospatial
Tue Feb 27, 2018 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Quick bond pricing + effective duration question
Replies: 9
Views: 906

Quick bond pricing + effective duration question

I read this article: https://www.investopedia.com/terms/e/effectiveduration.asp This is the example given... The formula for effective duration contains four variables. They are: P(0) = the bond's original price per $100 worth of par value P(1) = the price of the bond if the yield were to decrease b...
by geospatial
Sun Feb 18, 2018 11:10 am
Forum: Investing - Help with Personal Investments
Topic: To buy or not to buy in Boston for Investment
Replies: 18
Views: 1640

Re: To buy or not to buy in Boston for Investment

Can you elaborate on what you mean by "Boston north end"? Do you specifically mean Boston's North End neighborhood or just in the northern part of the Boston metro area? If you mean the North End neighborhood, that place is incredibly densely developed already... I don't know how they have any room ...
by geospatial
Thu Feb 08, 2018 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: SCHB vs. SWTSX
Replies: 5
Views: 720

Re: SCHB vs. SWTSX

Thanks for the feedback. I ended up doing a bit in both in the last half hour so I could get a feel for the process and see how the transactions are conducted. It will be a learning experience.
by geospatial
Thu Feb 08, 2018 7:14 am
Forum: Investing - Help with Personal Investments
Topic: SCHB vs. SWTSX
Replies: 5
Views: 720

SCHB vs. SWTSX

SCHB is the Schwab ETF for US Broad Market and SWTSX is the Schwab mutual fund for US Total Market, so I think the mutual fund has a little more exposure to small caps, but from a market cap perspective I think they're similar. Both have an ER of 0.03%. If held in a Roth, the tax implications of ETF...
by geospatial
Wed Feb 07, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 169
Views: 15233

Re: Torn between Vanguard, Fidelity and Schwab

Even though I'm not the OP, I ended up opening a Roth IRA with Schwab this week based on the feedback in this thread (thanks BH's!) and it should be funded by tomorrow. Are there any suggestions on which mutual funds or ETFs they provide to invest in? For reference, I'm transferring $5500 from my pr...
by geospatial
Tue Feb 06, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Where would you tell a 12 year old to park his money
Replies: 32
Views: 1936

Re: Where would you tell a 12 year old to park his money

Give him 3 options... one that is conservative, one with medium risk, and one more aggressive. Explain the pros and cons of each and let him decide how much he wants to pop into each option, even if he chooses all of it in one option. But if he chooses more than one, then the next few years you can ...
by geospatial
Tue Feb 06, 2018 7:19 am
Forum: Investing - Help with Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 169
Views: 15233

Re: Torn between Vanguard, Fidelity and Schwab

Also been thinking about opening up an account at one of these three. Does anybody know how long it takes to open an account, transfer funds, and purchase a fund from start to finish? It looks like the application process is pretty fast... 10 to 15 minutes, but after that I don't know how long it wo...
by geospatial
Tue Jan 16, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Got raise. Taxes taking 41% of it?
Replies: 30
Views: 4019

Re: Got raise. Taxes taking 41% of it?

I remember this happening to me back in my working days, mainly the full-time working days of the 1990s. The tax rates, federal and state, were a little higher than they are now. My overall marginal tax rate was about 43% for a time. One thing I saw in your list which puzzled me: Why did the pre-ta...
by geospatial
Tue Jan 16, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Owning house in a trust?
Replies: 17
Views: 1876

Re: Owning house in a trust?

There's also a lesser known benefit to owning a house/property in a trust if you happen to work in law enforcement or similarly sensitive kinds of government positions (i.e. FBI agent). In my state at least, property records are public records as a matter of right. It's fairly easy to search local a...
by geospatial
Wed Dec 27, 2017 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 32949

Re: Ally Bank 11 month [No-Penalty CD]

FYI - saw the following note on Ally's web site with regard to the 11 month no-penalty CD today: FOR A LIMITED TIME 12/19/17 THROUGH 1/2/18 So for those of us who want to wait until 2018 (to keep the interest out of 2017 if we selected the pay interest at maturity option), we can do so and still wi...
by geospatial
Fri Sep 22, 2017 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Is a security freeze at Innovis really needed?
Replies: 73
Views: 35590

Re: Is a security freeze at Innovis really needed?

If, however, I wanted to take advantage of a higher rate sooner and do an early withdrawal to open up new CD accounts at the higher rate, then I think I would have to request a temporary lift of the freeze. So, to express it in simpler terms, buying a new CD would not be possible if one has a credi...
by geospatial
Wed Sep 20, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Is a security freeze at Innovis really needed?
Replies: 73
Views: 35590

Re: Is a security freeze at Innovis really needed?

I've sent a new message to the bank asking for more explicit clarification in that kind of scenario, and also asked if they can identify which specific credit reporting entities are utilized. Stay tuned...
by geospatial
Wed Sep 20, 2017 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Is a security freeze at Innovis really needed?
Replies: 73
Views: 35590

Re: Is a security freeze at Innovis really needed?

As many others have done, I requested freezes at Equifax, Experian, TransUnion, and Innovis. But before doing the same with ChexSystems, I wanted to submit a question to one of my online banking accounts first. I believe many bogleheads have taken advantage of the 11-month no-early-withdrawal-penalt...
by geospatial
Mon Sep 18, 2017 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% CC or Citi double cash card?
Replies: 60
Views: 10755

Re: Fidelity 2% CC or Citi double cash card?

Just wanted to share a recent experience. I wanted to get a better rewards credit card before putting a freeze on all my scores, and after performing due diligence, decided on the Citi Double Cash. I was a little concerned that in this post-Equifax breach world they might be unrealistically cautious...
by geospatial
Fri Sep 01, 2017 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Citi DoubleCash vs. Paypal (Synchrony)
Replies: 28
Views: 3617

Re: Citi DoubleCash vs. Paypal (Synchrony)

Thanks for the feedback. I think I'm gonna go with the DoubleCash card. My own experiences with PayPal have been less than stellar and I think the extra perks from Citi provide the extra value needed to make it a fairly convincing winner.
by geospatial
Thu Aug 31, 2017 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Citi DoubleCash vs. Paypal (Synchrony)
Replies: 28
Views: 3617

Citi DoubleCash vs. Paypal (Synchrony)

I've been remiss on incorporating a better C.C. rewards program into my personal financial upgrade mission, but doing so now. My interest is in getting a 2% cash back card (I don't think I travel enough to justify any miles programs) with no annual fee, and the lesser hoops to jump through the bette...
by geospatial
Tue Aug 01, 2017 4:37 pm
Forum: Personal Consumer Issues
Topic: does solar increase the value of a house
Replies: 61
Views: 6385

Re: does solar increase the value of a house

Something else to consider is the advent of solar shingles...

https://www.tesla.com/solarroof

If these garner mass interest and adoption, existing solar panels might be considered somewhat passe and outdated in a few years.
by geospatial
Tue Jul 18, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: anybody dabble in venture capital?
Replies: 24
Views: 2341

Re: anybody dabble in venture capital?

Not really "VC" advice per se, but have you considered poking around kickstarter for something that looks interesting to you, and then following up with the entity sponsoring it to see if they'd take on a private investor? This might be more in line with the amount of :moneybag you have to play with...
by geospatial
Mon Jul 17, 2017 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Are stock market returns doomed by the Baby Boomers?
Replies: 27
Views: 3559

Re: Are stock market returns doomed by the Baby Boomers?

One popular idea is that we're globalized now and we will be saved by young overseas workers buying U.S. stocks to finance their retirement... It makes sense. We don't live in a bubble where only US citizens purchase stocks of US companies. http://www.businessinsider.com/who-actually-owns-the-stock...
by geospatial
Fri Jul 07, 2017 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 457 vs. Roth IRA
Replies: 16
Views: 1623

Re: Roth 457 vs. Roth IRA

For Roth IRA, contributions come out first. So you have a wide range of amounts that you can take out tax free before you have to worry about non-qualified distributions. However, a pre-59.5 Roth 457(b) withdrawal behaves like a withdrawal from a post-59.5 nondeductible trad IRA. You have a basis, ...
by geospatial
Fri Jul 07, 2017 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 457 vs. Roth IRA
Replies: 16
Views: 1623

Re: Roth 457 vs. Roth IRA

House Blend already pointed out the biggest gotcha of Roth 457(b) plans. I'm going to focus instead on this part. These are pretty great investment fund options. Even with the admin fee, you're talking 0.02% for the S&P 500 fund, 0.04% for the small cap fund, and 0.10% for the international fund. T...
by geospatial
Fri Jul 07, 2017 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 457 vs. Roth IRA
Replies: 16
Views: 1623

Re: Roth 457 vs. Roth IRA

Also, if there are other differences I'm unaware of, please share. Thank you. One quirk of gov't 457(b) plans is that distributions from a Roth 457(b) before age 59.5 are *not* qualified, and therefore gains are taxable. See https://www.irs.gov/retirement-plans/retirement-plans-faqs-on-designated-r...
by geospatial
Fri Jul 07, 2017 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Roth 457 vs. Roth IRA
Replies: 16
Views: 1623

Re: Roth 457 vs. Roth IRA

If you have a 457 plan I am guessing that you are a government employee and you may also have a pension. One thing to think about with the 457 plan is that you can access it without penalty after your employment terminates for any reason. So if you're thinking about early retirement the 457 will be...
by geospatial
Fri Jul 07, 2017 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Roth 457 vs. Roth IRA
Replies: 16
Views: 1623

Roth 457 vs. Roth IRA

I've been doing some preliminary research comparing Roth 457 plans vs. Roth IRAs. A couple of years ago my employer's deferred compensation plan began offering a Roth 457 and I'm trying to figure out if I should take advantage of that or find a different institution to start the IRA with. As far as ...
by geospatial
Mon Jul 03, 2017 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA recommendations
Replies: 3
Views: 495

Roth IRA recommendations

Hello all, I've started researching financial institutions that offer a Roth IRA. It seems like many of the people here are Vanguard enthusiasts, but I'm wondering if there are also any competitors that people are familiar with or recommend as well. Is there a centralized resource here that compares...
by geospatial
Mon Jul 03, 2017 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Traditional 401(k) vs Roth 401(k)
Replies: 5
Views: 556

Re: Traditional 401(k) vs Roth 401(k)

I'm in the opposite boat that OP is in. I've been contributing only pre-tax money to my voluntary retirement account under the expectation that my income will be around the same in retirement if all goes well. But I'm considering Roth IRAs now not because my expectations are necessarily different, b...
by geospatial
Mon Jul 03, 2017 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Incorporating uncertain pension amount into net worth calculation
Replies: 37
Views: 3346

Re: Incorporating uncertain pension amount into net worth calculation

Lots of responses and good information... thank you for that. For those that agreed with inputting the pension into a net worth exercise, it seems the conservative advice is to treat its value as if I left my job today. I do have the ability to withdraw the balance of my contributions if I want, so ...
by geospatial
Wed Jun 28, 2017 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Incorporating uncertain pension amount into net worth calculation
Replies: 37
Views: 3346

Re: Incorporating uncertain pension amount into net worth calculation

Re: admiral -- I am fully vested, but due to rules the absolute earliest I could retire is age 48, and that really isn't tenable due to the formula weighting. That's why I wasn't sure how to calculate the pension in NW since quitting "tomorrow" leads to a very different scenario. It sounds like you'...
by geospatial
Wed Jun 28, 2017 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Incorporating uncertain pension amount into net worth calculation
Replies: 37
Views: 3346

Incorporating uncertain pension amount into net worth calculation

Greetings all. Inaugural post here. Quick background: a couple of years ago I finally garnered an interest in personal finance and investing, though in hindsight probably 20 years too late. Since then I've been working on my financial education. Started by reading a ton of investopedia articles and ...