Search found 102 matches

by drk
Mon Dec 11, 2017 11:21 am
Forum: Investing - Help with Personal Investments
Topic: transferring from vanguard IRA to my company 401k
Replies: 4
Views: 323

Re: transferring from vanguard IRA to my company 401k

badbreath wrote:
Sun Dec 10, 2017 8:49 pm
Why would you not just leave it at Vanguard?
OP noted that they can't do a backdoor Roth (without generating a taxable event) because of the IRA.
by drk
Sun Dec 10, 2017 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Discretionary speculation and stock trading
Replies: 4
Views: 247

Re: Discretionary speculation and stock trading

Yes, I do. I felt better doing it after reading that Burton Malkiel and John Bogle endorse the idea. I keep it under 5% of my total taxable account so that I can harvest the losses when my bets are wrong.
by drk
Sat Dec 09, 2017 4:03 pm
Forum: Personal Consumer Issues
Topic: Downgrading Chase Sapphire Preferred
Replies: 15
Views: 1048

Re: Downgrading Chase Sapphire Preferred

If it's been two years since you got the bonus, you should: 1. Downgrade your current card to a Freedom or Freedom Unlimited 2. Apply for the Sapphire Preferred to get the bonus again If you're within 60 days of your account anniversary, downgrading the card will get Chase to refund the annual fee ...
by drk
Sat Dec 09, 2017 3:24 pm
Forum: Personal Consumer Issues
Topic: Downgrading Chase Sapphire Preferred
Replies: 15
Views: 1048

Re: Downgrading Chase Sapphire Preferred

If it's been two years since you got the bonus, you should: 1. Downgrade your current card to a Freedom or Freedom Unlimited 2. Apply for the Sapphire Preferred to get the bonus again If you're within 60 days of your account anniversary, downgrading the card will get Chase to refund the annual fee v...
by drk
Fri Dec 08, 2017 11:25 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2320
Views: 421675

Re: What's Your Credit Card Rewards Strategy?

plan to start cancelling the annual fee cards For the excess personal cards, I would downgrade to Freedom cards rather than cancelling. Chase lets you have multiple, which means multiplying the spending you can do in their quarterly bonus categories. With the Ink Preferred, I assume you've consider...
by drk
Wed Dec 06, 2017 10:28 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 667
Views: 112770

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

It looks like there's a new Schwab bonus that should be a good option for those looking to transfer between $10k and $100k.

https://www.schwab.com/public/schwab/nn ... d_sps.html
by drk
Mon Nov 20, 2017 11:03 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 44555

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

So what's the deal with (variously) the extension to Jan. 19, the elimination of the short-term trading fee, and the $4.95 commission schedule? Is there any definitive answer on whether retail taxable accounts get these or not? The deal is that TDA does not communicate effectively. For my retail ta...
by drk
Sun Nov 19, 2017 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 108
Views: 12884

Re: The valet smashed my Tesla into a brick wall!

TomatoTomahto wrote:
Sun Nov 19, 2017 9:06 am
Get your insurance company involved.
This is the best advice in this thread.
by drk
Sun Nov 19, 2017 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Which BoA Credit Card to use?
Replies: 24
Views: 1825

Re: Which BoA Credit Card to use?

Thank everyone! I've never played the miles/travel game. Probably should now that our family is taking 4-8 individual round trips per year? I'm not a super optimizer, so will probably just stick with the BoA Cash Rewards for now. One card simplicity is key, I'm okay with apple paying for crap at th...
by drk
Thu Nov 16, 2017 11:29 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 667
Views: 112770

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

If your current brokerage charges an account closing fee, you can save that by only doing a partial transfer.
by drk
Tue Nov 14, 2017 1:47 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 44555

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Regarding the extension of the period for the previous commission-free list I received the below message from a TD Ameritrade agent: "Hello again! Your friend must have an account with our Institutional segment. Those accounts are managed by professional investment advisors, who maintain large port...
by drk
Mon Nov 13, 2017 11:01 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 44555

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Regarding the extension of the period for the previous commission-free list I received the below message from a TD Ameritrade agent: "Hello again! Your friend must have an account with our Institutional segment. Those accounts are managed by professional investment advisors, who maintain large port...
by drk
Thu Nov 02, 2017 12:10 am
Forum: Investing - Help with Personal Investments
Topic: Best Schwab ETF’s?
Replies: 4
Views: 556

Re: Best Schwab ETF’s?

The wiki has a section on creating a three-fund portfolio at brokerages other than Vanguard with a Schwab version comprised of US Broad Market ETF (SCHB), International Equity Index ETF (SCHF), and U. S. Aggregate Bond Index ETF (SCHZ). That seems like a good place to start.
by drk
Tue Oct 31, 2017 12:34 am
Forum: Personal Finance (Not Investing)
Topic: An individual who owes me money wants my routing and account numbers for ACH transfer. Safe?
Replies: 76
Views: 6531

Re: An individual who owes me money wants my routing and account numbers for ACH transfer. Safe?

There are so many ways to freely, easily, and safely send money these days that involve no exchange of information aside from an email address or a phone number. You can use a debit card with Google Wallet or Square Cash with no concern, or Venmo/PayPal with some minor limits.
by drk
Wed Oct 25, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2320
Views: 421675

Re: What's Your Credit Card Rewards Strategy?

Spouse and I both signed up for chase sapphire reserve last year. Spouse got charged Oct 1 for the $450/fee I got charged Sept 1 for the $450/fee We don't really have a need for two CSRcards. We both also have Chase Freedom and Chase Freedom Unlimited. Have tons of points on CSR cards. 1. Do we hav...
by drk
Sun Oct 22, 2017 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 88
Views: 13111

Re: new 401(k) limits announced

Why couldn't they just make it $18,600 instead? That would be nice and divisible by 24 (or 12) for payroll contribution. At the current limit, it's an easy $750 bi-monthly ($1500 monthly) to max out. For 2018, it will be $770.83333 bi-monthly ($1541.66667 monthly). Hitting the exact limit just got ...
by drk
Sat Oct 21, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Amegy Bank $1000 business Card offer
Replies: 19
Views: 2205

Re: Amegy Bank $1000 business Card offer

There's also a 0% intro APR for six months. That deal is not long for this world.
by drk
Sat Oct 21, 2017 12:04 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 44555

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

The much more probable explanation is that they reached a deal with the providers of these ETFs to have them prominent on the free list by removing some competition. That's actually what does bother me. The commission-free list was a big selling point for TDA. On the page comparing TDA with competi...
by drk
Sat Oct 21, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Where to park $100,000 safely for 2-3 years?
Replies: 17
Views: 2681

Re: Where to park $100,000 safely for 2-3 years?

There are an array of online savings accounts offering over 1.2% APY (GS Bank at 1.3%, American Express at 1.25%, Discover and Ally at 1.2%). All are FDIC insured just like the bank account getting .05% APY.
by drk
Sat Oct 21, 2017 12:31 am
Forum: Personal Finance (Not Investing)
Topic: How soon to cancel a credit card after signup bonus.
Replies: 28
Views: 2858

Re: How soon to cancel a credit card after signup bonus.

I have the Chase Sapphire Reserve card and the Chase Freedom card. My Sapphire card will be charged the annual fee soon and I would like to cancel it. All of my points from both cards are in the Ultimate Rewards program (some with the Freedom card, but most with the Sapphire card). If I cancel the ...
by drk
Thu Oct 19, 2017 10:03 am
Forum: Personal Finance (Not Investing)
Topic: How soon to cancel a credit card after signup bonus.
Replies: 28
Views: 2858

Re: How soon to cancel a credit card after signup bonus.

To take it further, often I won't even follow up until I am charged the fee. When I see it come through on quicken, I'll call and see if I can get it waived. Sometimes they waive it if you spend a small amount of the next month. If they don't, you may have the option to downgrade if you so choose, ...
by drk
Wed Oct 18, 2017 11:49 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 44555

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

If Vanguard is offering the ETFs "at cost", it makes me wonder if Vanguard is not as efficient as State Street or if State Street has a different system of cost accounting. One thing with Vanguard is that their costs include the costs of running a brokerage, administering accounts, answering the ph...
by drk
Wed Oct 18, 2017 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Invest $5K-$10K in NVDA or JNJ
Replies: 5
Views: 654

Re: Invest $5K-$10K in NVDA or JNJ

I would not buy either of them. $NVDA is a cryptocurrency bubble stock with mediocre fundamentals. For $JNJ, I would have to hear your thesis.
by drk
Tue Oct 17, 2017 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Employer Shares
Replies: 13
Views: 925

Re: Buying Employer Shares

My old company offered an ESPP with a 15% discount, but the minimum holding period was one year. I considered that unacceptable exposure, so I didn't participate. If there were no minimum holding period, or even something like a month, I would absolutely have taken advantage.
by drk
Mon Oct 16, 2017 10:33 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 44555

Re: Fellow TDA bogleheads

It really doesn't look that bad at all. The new State Street portfolio funds are added low cost competition - that is a good thing - and seem to cover all the broad categories. Of my core funds, the only one that I currently buy there with no commission that I don't see a great replacement for me i...
by drk
Mon Oct 16, 2017 10:28 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 44555

Re: Fellow TDA bogleheads

It really doesn't look that bad at all. The new State Street portfolio funds are added low cost competition - that is a good thing - and seem to cover all the broad categories. Of my core funds, the only one that I currently buy there with no commission that I don't see a great replacement for me i...
by drk
Mon Oct 16, 2017 1:09 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 44555

Re: Fellow TDA bogleheads

TD Ameritrade’s revamped platform will add ETFs from four asset managers it hadn’t previously offered on its commission-free platform: AGFiQ Asset Management, the quantitative investment platform of AGF Management Ltd. ; First Trust Portfolios LP; J.P. Morgan Asset Management, a unit of J.P. Morgan...
by drk
Sun Oct 15, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: Happy Consumer Story (Backpacking Tent)
Replies: 16
Views: 1390

Re: Happy Consumer Story (Backpacking Tent)

Carefreeap wrote:
Sun Oct 15, 2017 12:34 am
To clarify, all my communication was with the manufacturer, Big Agnes, not REI.
Ah, great. I'm glad you had a positive experience with them!
by drk
Sun Oct 15, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2320
Views: 421675

Re: What's Your Credit Card Rewards Strategy?

Eh? Who said anything about using ten or more cards? They just sit there until it's time for their semi-annual purchase to keep the account alive. The point of having them is to anchor your average age of account and help hold down your credit utilization. I have several cards that have been sittin...
by drk
Sun Oct 15, 2017 9:27 am
Forum: Investing - Theory, News & General
Topic: old 401k transfer to new 401k or trad ira?
Replies: 8
Views: 648

Re: old 401k transfer to new 401k or trad ira?

Johnnie wrote:
Sun Oct 15, 2017 9:00 am
If the new 401k is Vanguard you can't buy Admiral shares in it and will pay slightly higher fees. (Unless that has been changed.)
This depends on the plan. My company's 401k is at Vanguard and has institutional versions with ERs half the cost of their Admiral siblings.
by drk
Sat Oct 14, 2017 11:56 pm
Forum: Personal Consumer Issues
Topic: Happy Consumer Story (Backpacking Tent)
Replies: 16
Views: 1390

Re: Happy Consumer Story (Backpacking Tent)

ETA: No I don't own stock in this company but maybe I should! :wink: Adding this just in case that :wink: is not the knowing variety: REI is a consumer co-operative, so investing is a pretty low-risk endeavor . REI has a very liberal return policy. Makes me wonder how they stay in business. :shock:...
by drk
Sat Oct 14, 2017 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2320
Views: 421675

Re: What's Your Credit Card Rewards Strategy?

Because once your number of credit cards hits the double digits, you've lost the simplicity. There's really no point to having 10 or more cards. You'd be a mile wide and an inch deep. A fixed amount of spending spread across too many cards would accumulate rewards more slowly on each card and make ...
by drk
Sat Oct 14, 2017 4:43 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 44555

Re: Fellow TDA bogleheads

If true, that's really frustrating. I just moved to TDA a couple of months ago. The whole premise of their Morningstar-selected list is that it's unbiased.
by drk
Sat Oct 14, 2017 11:39 am
Forum: Personal Consumer Issues
Topic: Anyone else using HTTPS Everywhere or similar?
Replies: 16
Views: 1509

Re: Anyone else using HTTPS Everywhere or similar?

I use these three plus Disconnect. Occasionally I find a site doesn't work quite right, in which case I'll run it in a Google Chrome incognito window (the incognito window turns off extensions). That's rare though. Given that you're expressly using incognito without the extensions, this may not be ...
by drk
Sun Oct 08, 2017 12:38 am
Forum: Personal Consumer Issues
Topic: Do you want your receipt?
Replies: 99
Views: 7933

Re: Do you want your receipt?

For example, product X and product Y is purchased on 10/7/2017 for $100. On the statement sometimes they are recorded as a charge for $25 and $75 instead of a total of $100. That is a pain to reconcile and requires going back to the "order" page and doing some random math. Anyone have an answer for...
by drk
Fri Oct 06, 2017 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Rejected for Chase Ink Business
Replies: 7
Views: 902

Re: Rejected for Chase Ink Business

That's correct. Once you hit five over two years, Chase isn't interested (other than a few co-branded cards ). If you have an actual business, though, it's possible to go into a branch and open one of these cards with a Business Relationship Manager. For personal cards, pre-approvals (in-branch or o...
by drk
Fri Oct 06, 2017 8:56 pm
Forum: Personal Consumer Issues
Topic: Best credit cards for our college kids? (credit building)
Replies: 9
Views: 674

Re: Best credit cards for our college kids? (credit building)

The Discover it card for students is a great option (https://www.discover.com/credit-cards/student/) for a first solo credit card. If you have any Chase cards, you would be doing your kids a favor by also adding them as authorized users on one of them. That will also help establish some credit histo...
by drk
Wed Oct 04, 2017 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: Bank of America - BAC
Replies: 16
Views: 1424

Re: Bank of America - BAC

Never play earnings, especially if you're inclined to come to the Bogleheads forum to ask about your play.
by drk
Sun Oct 01, 2017 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2320
Views: 421675

Re: What's Your Credit Card Rewards Strategy?

Thanks! It actually looks like the Chase Sapphire Preferred would be better for me. No problem. It also pairs well with a Freedom or Freedom Unlimited: they both earn UR points that you can freely transfer to the Sapphire Preferred. I don't understand the "pairs well" part. What's the point of keep...
by drk
Sun Oct 01, 2017 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2320
Views: 421675

Re: What's Your Credit Card Rewards Strategy?

No problem. It also pairs well with a Freedom or Freedom Unlimited: they both earn UR points that you can freely transfer to the Sapphire Preferred. I applied for the card but received a response saying I would see a notice in the mail in 30 days??? My Fico is 820+ and I haven't applied for a CC in...
by drk
Sun Oct 01, 2017 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2320
Views: 421675

Re: What's Your Credit Card Rewards Strategy?

There are several cards I would get before getting that one. For starters, look into the Chase Sapphire Preferred: 50,000 Ultimate Rewards points ($625 when used to book travel in the UR portal) after $4k spend, waived AF the first year, and the ability to transfer points 1:1 to a number of rewards...
by drk
Sun Oct 01, 2017 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2320
Views: 421675

Re: What's Your Credit Card Rewards Strategy?

I currently use a Capital One card that gets 1.5% on all purchases, along with a Discover It and Chase Freedom for revolving quarterly rewards. We are a family of four, shop at Costco and Target mostly. Biggest expenses are a yearly vacation (usually to Disneyland). I was considering a new card wit...
by drk
Sun Oct 01, 2017 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Reach out to hiring manager directly on LinkedIn?
Replies: 52
Views: 3165

Re: Reach out to hiring manager directly on LinkedIn?

It depends, YMMV, etc., but I would not advise doing this. Companies have HR and applicant sites for a reason, and it's presumptuous to assume that they do not know how to hire. Not that I'm saying that they do know how: frequently, they don't! You don't have any special insight into that and are no...
by drk
Sun Oct 01, 2017 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie-Schwab Intelligent Portfolios vs Vanguard PAS
Replies: 32
Views: 2504

Re: Newbie-Schwab Intelligent Portfolios vs Vanguard PAS

I will try both. I much prefer to be fully invested with any cash at my discretion to invest when markets go down. I mean what is the point of the question, what will you do if markets drop 40%, if your answer is to buy more but they are the ones holding your cash and won’t let you do exactly that?...
by drk
Sun Oct 01, 2017 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: which of my 6 credit cards to keep?
Replies: 11
Views: 1416

Re: which of my 6 credit cards to keep?

I don't think you can go wrong with a slight variation on the Chase trio that you've described: 1. Ink Cash (no AF, 5% on internet/cable/phone and 2% at gas stations) as a PC from Ink Preferred 2. Sapphire Reserve (3% on dining and travel, $450 AF with a very broad $300 travel credit, 1.5x boost to ...
by drk
Mon Sep 18, 2017 10:19 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2320
Views: 421675

Re: What's Your Credit Card Rewards Strategy?

It looks like the Bank of America Premium Rewards card went live today (DoC link). The card is a great daily-driver for anyone with BoA Preferred Rewards Platinum Honors status (or those looking to take advantage of a Merrill Edge transfer bonus).
by drk
Sun Sep 17, 2017 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Switching Insurance - Progressive
Replies: 7
Views: 764

Re: Switching Insurance - Progressive

As it happens, I just made the opposite switch. I was with Progressive for a while, felt lukewarm about the service, and got a lower premium with State Farm (even with slightly better coverage). With auto insurance, the moral of the story appears to be that it's important to be disloyal.
by drk
Sun Sep 17, 2017 7:57 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 667
Views: 112770

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Thanks for this thread, Earl LG. I just finished making my first asset transfer (to TDA), and the bonus appeared in my brokerage account 30 minutes after my assets posted. Now to hold for a year until it's time for the next one.

:sharebeer
by drk
Sun Sep 17, 2017 7:51 pm
Forum: Personal Consumer Issues
Topic: Software professional salary
Replies: 10
Views: 1481

Re: Software professional salary

It's possible that someone here will have a good answer to your question, but I'm doubtful because it's awfully specific. Have you looked at Glassdoor or Payscale?
by drk
Sun Sep 10, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Am I overinsured on my autos?
Replies: 20
Views: 1699

Re: Am I overinsured on my autos?

This is up from $902 just 24 months ago. I just got caught this. Anything interesting happen in the last 2 years? Bunch of tickets, at fault accident, or something of that nature. One of your cars is a 2015, so perhaps you swapped out a new car for a real clunker. I think it's pretty easy to shop a...