Search found 847 matches

by drk
Sat Dec 08, 2018 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Are 401k contribution percents on salary before or after FSA/HSA elections?
Replies: 10
Views: 784

Re: Are 401k contribution percents on salary before or after FSA/HSA elections?

I doubt that one can only use a percentage. There must be a way to use a dollar amount. My company's Vanguard 401k only allows percentage (up to 90%). OP, in my company's case, the percentage is taken based on gross base salary before any other contributions. My HSA money is a flat dollar amount.
by drk
Sat Dec 08, 2018 1:38 pm
Forum: Investing - Theory, News & General
Topic: You already own international stocks with VTSMX etc [Vanguard Total Stock Market]
Replies: 53
Views: 4066

Re: You already own international stocks with VTSMX etc

This has been covered so many times. I don't know why, but this JL Collins fellow seems to be popping up more and more on this forum over the last week. Maybe he has a book coming out and is starting a marketing push.

Anyway, use the search function for "why international stocks."
by drk
Sat Dec 08, 2018 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: VMMXX over.... CD, Bonds, HYS?
Replies: 17
Views: 1629

Re: VMMXX over.... CD, Bonds, HYS?

cutterinnj wrote:
Sat Dec 08, 2018 6:25 am
Wouldn’t VMSXX (the municipal version) be preferable over VMMXX in higher tax brackets?
It depends. In the 32% with no state income tax, it's basically a wash for me.
by drk
Sat Dec 08, 2018 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3054
Views: 597933

Re: What's Your Credit Card Rewards Strategy?

Do you have to use BofA checking with platinum rewards? The cards are tempting but I've had issues with their incompetence and customer service in the past and would rather not use them for banking. You need to have a BofA checking account open, but that's all. Mine currently has a couple of bucks ...
by drk
Sat Dec 08, 2018 1:20 am
Forum: Investing - Theory, News & General
Topic: Added to my total us fund on vanguard site Dec 6th and still shows pending
Replies: 11
Views: 669

Re: Added to my total us fund on vanguard site Dec 4th and still shows pending

I also have a December 6 order that still showed pending as of a few hours ago. I found it annoying but not yet disconcerting.
by drk
Fri Dec 07, 2018 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Question: Jamie Dimon ( JPMorgan ) on Bonds
Replies: 18
Views: 2178

Re: Question: Jamie Dimon ( JPMorgan ) on Bonds

When opinions like this pop up, it's worth noting whether the famous individual in question has a background in the subject matter. As far as I can tell, Jamie Dimon has no background in fixed income. Given that, I would not worry about his thoughts on the matter.
by drk
Wed Dec 05, 2018 8:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 8498
Views: 1666575

Re: U.S. stocks in freefall

Where do you see this info? Like Moto, I'm trying to figure out what you are saying, traded, did, sold, bought....etc If you have an account at TD Ameritrade, you can download the Think Or Swim desktop or mobile app and look at /ESZ18 for E-Mini S&P 500 futures expiring this month. That will give y...
by drk
Wed Dec 05, 2018 7:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 8498
Views: 1666575

Re: U.S. stocks in freefall

The last site on the internet that one would expect to find tea leaf readers, people who think they can predict or explain market moves, and doom-and-gloomers, yet ... :beer It is a truth universally acknowledged, that a group of people in possession of a sense of calm, must be in want of some panic.
by drk
Tue Dec 04, 2018 8:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 8498
Views: 1666575

Re: U.S. stocks in freefall

GoldenFinch wrote:
Tue Dec 04, 2018 8:31 pm
Aren’t we just back to last Tuesday for the S&P? What’s all the commotion about?
I got my paycheck on Friday, so today was a nice opportunity to both TLH and take advantage of the small-cap RBD.
by drk
Tue Dec 04, 2018 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: TLH pair for IJS (ishares S&P small cap value)
Replies: 21
Views: 1116

Re: TLH pair for IJS (ishares S&P small cap value)

But those ETFs track the same index that IJS does, the S&P Small-Cap 600 Value index. Wouldn’t they be considered “substantially similar” by the IRS? The IRS's phrase is "substantially identical ," and the IRS has never indicated that two funds tracking the same index fit that bill. On this board, ...
by drk
Tue Dec 04, 2018 6:57 pm
Forum: Investing - Theory, News & General
Topic: Merrill Edge sweep options just reduced
Replies: 10
Views: 739

Re: Merrill Edge sweep options just reduced

Good call. On Friday my spare cash was moved to the ML Direct Deposit Program (CUSIP 990156937), which apparently yields 0.14%.
by drk
Tue Dec 04, 2018 6:13 pm
Forum: Investing - Theory, News & General
Topic: Merrill Edge sweep options just reduced
Replies: 10
Views: 739

Re: Merrill Edge sweep options just reduced

Odd. I've gotten no notification from Merrill Edge about this.
by drk
Tue Dec 04, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Local credit union offered me a $7600 credit card I spend $800 a month on a credit card is the limit high enough?
Replies: 24
Views: 1427

Re: Local credit union offered me a $7600 credit card I spend $800 a month on a credit card is the limit high enough?

iamblessed wrote:
Tue Dec 04, 2018 4:33 pm
It has no annual fee and 1.5 cash back. I know it is not the best card on the market but good for a local credit union. Let's say I spent 20% of the limit would that hurt the credit score?
As long as you're paying off the balance every month, there will be minimal impact to your score.
by drk
Tue Dec 04, 2018 5:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 8498
Views: 1666575

Re: U.S. stocks in freefall

Houe wrote:
Tue Dec 04, 2018 4:56 pm
Today's losses may look like a G movie compared to the horror film of the next few days.
Please make a specific prediction. What's a horror film? A drop of 10%? A drop of 10%, followed by a 3% dead-cat bounce and another 20% drop? A 100% drop to wipe out all market value?
by drk
Tue Dec 04, 2018 5:11 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 8498
Views: 1666575

Re: U.S. stocks in freefall

willthrill81 wrote:
Tue Dec 04, 2018 4:48 pm
Non-traded REITs? Perhaps variable annuities? Or BTC? :wink:
BTC is an absolute steal right now. Heck, we haven't seen these prices since ... last October.
by drk
Tue Dec 04, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 8498
Views: 1666575

Re: U.S. stocks in freefall

Houe wrote:
Tue Dec 04, 2018 1:19 pm
I'm really not liking this market. Anyone else thinking its time to lighten up on equities? I'm really considering pulling out for a while.
No.

What does your IPS say?
by drk
Tue Dec 04, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: What to negotiate in offers
Replies: 43
Views: 2830

Re: What to negotiate in offers

TomatoTomahto wrote:
Tue Dec 04, 2018 7:57 am
If someone, after a 55% increase (!), came to me with penny ante nonsense, I’d retract any offer before it was too late, and consider myself as having dodged a bullet. Really.
This is exactly why job-seekers should not disclose their current compensation.
by drk
Mon Dec 03, 2018 9:31 pm
Forum: Investing - Theory, News & General
Topic: Bond Inversion! Real estate prices, and more.
Replies: 25
Views: 2118

Re: Bond Inversion! Real estate prices, and more.

Benjamin Buffett wrote:
Mon Dec 03, 2018 4:33 pm
bank branch manager
Might as well be the postal worker that delivers mail to your house.
by drk
Sun Dec 02, 2018 1:10 pm
Forum: Investing - Theory, News & General
Topic: Meaning of “7-day yield (with waivers)”
Replies: 3
Views: 249

Re: Meaning of “7-day yield (with waivers)”

SEC yield is always net of fees, so no need to subtract anything. That's the benefit of a mandated, standardized yield calculation.
by drk
Sun Dec 02, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Should international funds / ETFs go in a taxable account or tax-free retirement?
Replies: 6
Views: 372

Re: Should international funds / ETFs go in a taxable account or tax-free retirement?

It depends. For my tax situation, international funds go in tax-advantaged accounts.
by drk
Sat Dec 01, 2018 8:17 pm
Forum: Investing - Help with Personal Investments
Topic: Young Investor Portfolio Checkup
Replies: 10
Views: 1027

Re: Young Investor Portfolio Checkup

Roth IRA at Charles Schwab (12.79%) 2.13% Schwab® S&P 500 Index Fund (SWPPX) (.03%) 3.34% Schwab 1000 Index® Fund (SNXFX) (.05%) 5.65% Schwab Total Stock Market Index Fund® (SWTSX) (.03%) 1.66% Schwab Small Cap Index Fund® (SWSSX) (.05%) You have a lot of overlap here. I think you could safely comb...
by drk
Sat Dec 01, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Stuck with Wells Fargo 401k: What to do?
Replies: 23
Views: 1432

Re: Stuck with Wells Fargo 401k: What to do?

Shift to bond funds in your Roth. I would be inclined to move my old 401k to a rollover IRA and hit your target AA with that fund. Why do you recommend bonds in the Roth? I would disagree with the rollover recommendation as long as OP doesn't have to pay fees to leave the money there. I don't know ...
by drk
Sat Dec 01, 2018 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Stuck with Wells Fargo 401k: What to do?
Replies: 23
Views: 1432

Re: Stuck with Wells Fargo 401k: What to do?

Can you explain why you think your options are terrible? It seems like you have a great set of core funds available, aside from a cheap Total Bond Market fund. Of course, if you're otherwise using target date funds, you might as well just stick with one of those. Given that you're a late-starter, go...
by drk
Sat Dec 01, 2018 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: TD security: is more, more?
Replies: 7
Views: 760

Re: TD security: is more, more?

I would give Treasury Direct a poor review. Among your list of steps: Identify account number: normal, slightly better than username/email address because it's arbitrary retrieve and enter a pass code for the session (send to my email account): multi-factor is good, but email is a weak way to do it ...
by drk
Sat Dec 01, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: YTD performance of total stock ETF's
Replies: 8
Views: 956

Re: YTD performance of total stock ETF's

I'm also curious what you're looking at because Morningstar has SPTM second to VTI among the total market ETFs. That's a link to a growth graph to ensure that you compare apples to apples.
by drk
Thu Nov 29, 2018 9:21 pm
Forum: Investing - Theory, News & General
Topic: Bogle Sounds a Warning on Index Funds
Replies: 103
Views: 17844

Re: Bogle Sounds a Warning on Index Funds

After reading this article by the wall street journal (thank God for Reddit), I'm inclined to never read/ click on WSJ articles again. The topic is borderline fear mongering, and the noise will get louder and louder until the high fee part of the industry complely collapses. JFC, it's an op-ed by J...
by drk
Thu Nov 29, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Small Cap Value - move money out of VSIAX?
Replies: 7
Views: 516

Re: Small Cap Value - move money out of VSIAX?

Glockenspiel wrote:
Thu Nov 29, 2018 9:45 am
It currently doesn't appear that Vanguard will let me invest in an ETF within my Roth IRA. Is that true?
No, that is not true. It's unclear that you need to do this, but you can sell VSIAX and buy VIOV/IJS/SLYV.
by drk
Tue Nov 27, 2018 11:00 pm
Forum: Investing - Theory, News & General
Topic: First Crypto ETF Index Fund launched!!! $HODL
Replies: 67
Views: 5524

Re: First Crypto ETF Index Fund launched!!! $HODL

oldzey wrote:
Tue Nov 27, 2018 9:57 pm
Can you buy marijuana with cryptocurrency? Just sayin'...
Sure, but why bother when I can buy it with US dollars?
by drk
Tue Nov 20, 2018 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card for International Travel
Replies: 67
Views: 6320

Re: Credit Card for International Travel

Trism wrote:
Tue Nov 20, 2018 7:06 pm
JCB is also a partner. Take only your Discover card to Japan for a week and report back.
Spoiler alert: you'll see a lot of confused Japanese clerks.
by drk
Mon Nov 19, 2018 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card for International Travel
Replies: 67
Views: 6320

Re: Credit Card for International Travel

I think the Bank of America Travel Rewards card is, by far, the best option for several reasons It's not even the best Bank of America card for international travel. Premium Rewards is better on each of the points you listed. Yes, it has a $95 annual fee, but it also has a $100 annual airline fee c...
by drk
Sat Nov 17, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Moving Betterment taxable account to Vanguard taxable, help on tax efficiency
Replies: 9
Views: 768

Re: Moving Betterment taxable account to Vanguard taxable, help on tax efficiency

1. Does this sound like a reasonable tax efficient plan? (FYI, I live in CA, highest federal tax bracket, 11.3% CA tax bracket. Will be itemizing). I'm concerned I'm missing something. It's not as tax-efficient as just holding everything that you already have. Unless 20 different holdings is inhere...
by drk
Sat Nov 17, 2018 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: Are VG TR 2020 and TR 2025 substantially identical?
Replies: 5
Views: 396

Re: Are VG TR 2020 and TR 2025 substantially identical?

They have different holdings, so it would be hard for any "substantially identical" claim to pass muster with a reasonable person test.
by drk
Sat Nov 17, 2018 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3054
Views: 597933

Re: What's Your Credit Card Rewards Strategy?

^ Slowly. Also, given that Amex has started to look for churners, you won't make it very far by repeatedly opening and completing the MSR, then cancelling after a year. There's no reason to keep cancelling cards, including some of the ones with annual fees. If you don't want to do long-term business...
by drk
Sat Nov 17, 2018 6:17 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 643
Views: 44807

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Thanks! When I mouse-over the eligibility and requirements, it clearly states that I need to be in an HD plan. I guess I will pretend that I am in one now :) I think you're skipping some information. Here's what Fidelity says on the initial account opening page: Open a Health Savings Account To ope...
by drk
Sat Nov 17, 2018 4:14 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 643
Views: 44807

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

b0B wrote:
Sat Nov 17, 2018 1:53 pm
I really hate this idea. The Fidelity HSA already looks like a loss leader. A good thing may not last if people keep asking for additional special treatment.
They could just deny the request, as Vanguard does. Instead, they're willing to pay it because they know they'll recoup it if you leave.
by drk
Thu Nov 15, 2018 10:36 pm
Forum: Investing - Theory, News & General
Topic: Why does this S&P 600 fund (NMSCX) hold Russell 2000 eminis?
Replies: 4
Views: 481

Re: Why does this S&P 600 fund (NMSCX) hold Russell 2000 eminis?

From my own efforts trying to watch S&P 600 futures, it's not an active market, so my guess is that they treat the Russell 2000 as a reasonable alternative for a small part of its exposure. This could also help manage capital gains if the fund can realize losses on the minis. As an aside, it's a lit...
by drk
Thu Nov 15, 2018 10:08 pm
Forum: Investing - Theory, News & General
Topic: Fisher Investments
Replies: 11
Views: 2071

Re: Fisher Investments

There have been a few Fisher Investments thread in the last week. They must be pushing for end-of-year sales targets.
by drk
Thu Nov 15, 2018 10:03 pm
Forum: Personal Consumer Issues
Topic: The biggest / best web development technologies
Replies: 13
Views: 1028

Re: The biggest / best web development technologies

Angular7 with a .net core backend might be up your alley. You can use anything you want to serve up your APIs but since you already know .net it will be an easy transition. ^ It seems like going serverless would be an additional interesting twist for OP, and I see that Azure functions support C# (n...
by drk
Thu Nov 15, 2018 9:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Quantitative Equity Group Losing Talent
Replies: 61
Views: 4125

Re: Vanguard's Quantitative Equity Group Losing Talent

Yes a PM would be subordinate to a Senior PM. They work together, but the PM will usually have responsibility for the fund and its investment decisions and representing that to the governance structure (clients if institutional fund, etc.). Right. Given that, maybe this isn't a big deal. Now that t...
by drk
Thu Nov 15, 2018 11:04 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Quantitative Equity Group Losing Talent
Replies: 61
Views: 4125

Re: Vanguard's Quantitative Equity Group Losing Talent

I don't know how meaningful the titles are in this situation because they're also listed in alphabetical order, but the press release listed Ms. Ren as a Portfolio Manager to Mr. Picca's Senior Portfolio Manager: Two portfolio managers in Vanguard’s Quantitative Equity Group will manage all U.S. Fac...
by drk
Mon Nov 12, 2018 11:43 pm
Forum: Investing - Theory, News & General
Topic: Expected nominal return in 80/20 stock/bond fund for next 10 years
Replies: 10
Views: 1973

Re: Expected nominal return in 80/20 stock/bond fund for next 10 years

It depends greatly on where you put the 80 and the 20.
by drk
Sun Nov 11, 2018 8:26 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 643
Views: 44807

Re: Elena

I hope this is true. I’ll roll my HSA funds over from Optum. I’m all for having fewer accounts to keep track of. I am also in Optum, with very expensive fund options. Is the provider not chosen for us by our employer, though? I always thought I was stuck with vendors because my employer pitches in ...
by drk
Sun Nov 11, 2018 8:23 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 643
Views: 44807

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Spirit Rider wrote:
Sun Nov 11, 2018 6:20 pm
Last I knew, Fidelity's current HSA fees were $12/quarter if an employer was no longer paying them, with no cash minimum. I believe you could invest in just about anything. I don't know about the 0% ER index funds.
That includes the commission-free iShares ETFs?
by drk
Sun Nov 11, 2018 10:35 am
Forum: Personal Consumer Issues
Topic: Recommend Chrome ad-blocker
Replies: 61
Views: 3933

Re: Recommend Chrome ad-blocker

Does Privacy Possum do the same thing? I hadn't heard of that before today, but it looks like he just forked PB, so you could expect similar (maybe better, maybe worse) behavior. I see so many of these privacy related add-ons (not Ad blockers), that it's hard to choose. For ad-blockers I see an imm...
by drk
Sun Nov 11, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Alliant Visa [credit card]
Replies: 20
Views: 1750

Re: Alliant Visa

...after the 3% promo expired and it dropped down to 2.5%. With my spend and the $59 fee it works out to about 2.3% cashback per year, still better than anything out there. Alliant is a fantasic credit union for many reasons (fast ACH, low fees, ATM rebates, competitive savings rates, free bill pay...
by drk
Sun Nov 11, 2018 12:11 am
Forum: Personal Consumer Issues
Topic: Favorite "free stuff"?
Replies: 137
Views: 10879

Re: Favorite "free stuff"?

I love the little coffee tasters at Trader Joe's. Oh, and free Kindle books from my local library.
by drk
Sun Nov 11, 2018 12:09 am
Forum: Personal Consumer Issues
Topic: Recommend Chrome ad-blocker
Replies: 61
Views: 3933

Re: Recommend Chrome ad-blocker

Can you please share where in PB you made that setting? Sure. In your browser, click on the Badger icon. From there, you can set a block/no-cookies/allow policy for each domain. On CNET, I believe you can safely set all of those domains to the left-most/red/block setting. I do this a lot because Pr...
by drk
Sun Nov 11, 2018 12:05 am
Forum: Personal Consumer Issues
Topic: Recommend Chrome ad-blocker
Replies: 61
Views: 3933

Re: Recommend Chrome ad-blocker

kayanco wrote:
Sat Nov 10, 2018 11:54 pm
In Privacy Badger, what setting do you use for "Check if third-party domains comply with EFF's Do Not Track policy"?
To be completely frank, Do Not Track is a failure, and I disregard it entirely. The only way to avoid tracking is to not send requests to the server.