Search found 797 matches

by ThriftyPhD
Tue Apr 16, 2019 7:03 am
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA website down
Replies: 16
Views: 1777

Re: FreeTaxUSA website down

Might be the support people are in India and they blew their no change blackout date time instruction. 2:30 EDT 4/15 = mid-night 4/16 India time. When my company started using Indian IT Services, this happened several times. The solution: we stateside people enlarged the blackout period sent to Ind...
by ThriftyPhD
Tue Apr 16, 2019 7:02 am
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA website down
Replies: 16
Views: 1777

Re: FreeTaxUSA website down

and its back offline... Yep. I was on the final page when it crashed again at ~10. I jumped to a different tax software, finished my federal and was about to start on State when FreeTaxUSA came back online and I was able to submit around 11. I saw on facebook/twitter that it went back down not long...
by ThriftyPhD
Mon Apr 15, 2019 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA website down
Replies: 16
Views: 1777

Re: FreeTaxUSA website down

Cycle wrote:
Mon Apr 15, 2019 7:50 pm
i did 95% of my taxes a few weeks ago, but of course i had a few things to double check and now i can't get into my forms. hopefully they fix it soon...
Same. I had it done, but wanted to look it over in detail before submitting and give myself time to make sure I wasn't forgetting anything.
by ThriftyPhD
Mon Apr 15, 2019 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA website down
Replies: 16
Views: 1777

FreeTaxUSA website down

When you try to login: Site Maintenance We sincerely apologize for the inconvenience. FreeTaxUSA is currently undergoing scheduled maintenance and upgrades to provide superior service and usability. FreeTaxUSA will return shortly. Thank you for your patience. Others reported being kicked out as they...
by ThriftyPhD
Sun Apr 14, 2019 10:14 am
Forum: Personal Investments
Topic: how to invest in taxable account for 6 years
Replies: 16
Views: 1405

Re: how to invest in taxable account for 6 years

I think a big part of this is how tight is the timing. If the answer is: On April 15, 2025 I need to withdraw $1.203 million to finalize the purchase of the house I am contractually obligated to buy on that date for that price Then you're going to need to be very conservative. On the other hand, an ...
by ThriftyPhD
Sat Apr 06, 2019 10:16 pm
Forum: Personal Investments
Topic: Fidelity Bonus?
Replies: 6
Views: 1567

Re: Fidelity Bonus?

whodidntante wrote:
Sat Apr 06, 2019 9:25 pm
If only there were some sort of thread where we could collect information on brokerage bonuses. It would need to be both final and definitive though.
:beer
by ThriftyPhD
Fri Apr 05, 2019 5:45 pm
Forum: Personal Consumer Issues
Topic: Smartphones with Least Bloatware
Replies: 28
Views: 2120

Re: Smartphones with Least Bloatware

If you go with Android, you want to find a phone with as 'Vanilla' an OS as possible. The Google Pixel (previously Nexus) phones are stock android. In the past, Nexus was the answer if you wanted an Android phone. Now Google has Android One which has various agreements that will keep you in a minima...
by ThriftyPhD
Sat Mar 30, 2019 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep own set of banking ledgers?
Replies: 38
Views: 1474

Re: Should I keep own set of banking ledgers?

With all the weekly transactions of my family with Amazon, Favor, McDonalds, gas, utilities, Kindle, Hulu, etc....I would spend an hour every day typing all these transactions and comparing them to my online account. I manually enter all of my transaction into GnuCash. I've read that using cash has...
by ThriftyPhD
Sat Mar 30, 2019 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep own set of banking ledgers?
Replies: 38
Views: 1474

Re: Should I keep own set of banking ledgers?

Personally, I like to enter my transactions as they occur (and this is highly automated as well, especially for checking, so it's not so much work). This is so I know all the time what I'm on the hook for spending-wise. But now I wonder if I am just causing myself more bookkeeping grief and wasted ...
by ThriftyPhD
Sat Mar 30, 2019 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep own set of banking ledgers?
Replies: 38
Views: 1474

Re: Should I keep own set of banking ledgers?

I have found errors in credit card statements, and bank balances. Can you elaborate and give examples? I'm not the person you asked, but about 15 years ago I deposited a few checks in person at a local branch. The teller was new and apparently didn't credit the money correctly. I noticed by checkin...
by ThriftyPhD
Tue Mar 26, 2019 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off Mortgage early or Retirement Accounts?
Replies: 10
Views: 772

Re: Pay off Mortgage early or Retirement Accounts?

B) But roughly $3 million of the $4 will be since we are contributing about 3 times as much to the 401k than the Roth. If you're worried about having too much pretax you could choose Roth over traditional in your 401k. I wouldn't give up tax advantaged space to prepay a mortgage. You're young enoug...
by ThriftyPhD
Tue Mar 26, 2019 6:20 pm
Forum: Personal Investments
Topic: tracking/reporting cost basis (taxable account) question
Replies: 4
Views: 228

Re: tracking/reporting cost basis (taxable account) question

Were these gifted to her, or inherited? If inherited I believe the cost basis would have been set to the value at the time they were inherited.
by ThriftyPhD
Fri Mar 22, 2019 7:32 am
Forum: Personal Consumer Issues
Topic: When your responsibility to your children ends?
Replies: 76
Views: 6888

Re: When your responsibility to your children ends?

The biggest responsibility to your adult children that never goes away (in fact, it grows in importance over time) is to ensure you've taken care of yourself so that they're not burdened taking care of you. This means Securing your own retirement financially. Keeping up your health and preparing for...
by ThriftyPhD
Fri Mar 22, 2019 7:09 am
Forum: Personal Investments
Topic: 3% on Checking - Redneck Bank, not a joke
Replies: 19
Views: 3116

Re: 3% on Checking - Redneck Bank, not a joke

Thanks for clarifying Auream. I refuse to use debit through either network, so I am not up to date on the nomenclature. Sorry if I caused any confusion.
by ThriftyPhD
Fri Mar 22, 2019 6:54 am
Forum: Personal Investments
Topic: 3% on Checking - Redneck Bank, not a joke
Replies: 19
Views: 3116

Re: 3% on Checking - Redneck Bank, not a joke

You can get a better deal at Orion Federal Credit Union. They pay 4% on checking with a $30,000 cap and only require 8 purchases per month. This does sound like a good deal. Do you know if online purchases count toward the 8 required monthly purchase transactions? Is there a minimum required amount...
by ThriftyPhD
Thu Mar 21, 2019 7:52 pm
Forum: Personal Investments
Topic: 3% on Checking - Redneck Bank, not a joke
Replies: 19
Views: 3116

Re: 3% on Checking - Redneck Bank, not a joke

You can get a better deal at Orion Federal Credit Union. They pay 4% on checking with a $30,000 cap and only require 8 purchases per month. This does sound like a good deal. Do you know if online purchases count toward the 8 required monthly purchase transactions? Is there a minimum required amount...
by ThriftyPhD
Thu Mar 21, 2019 7:37 am
Forum: Personal Investments
Topic: Ready to FIRE (But Vultures Be Circling)
Replies: 72
Views: 8546

Re: Ready to FIRE (But Vultures Be Circling)

You note your (current? pre-tax?) annual expenses are about $100K, which is great if you can stay under $120K or so, not including taxes. I took sociology in college and the prof said the most financially at-risk people are those who have a lot of money but no experience in managing their lifestyle...
by ThriftyPhD
Thu Mar 21, 2019 6:59 am
Forum: Personal Investments
Topic: 3% on Checking - Redneck Bank, not a joke
Replies: 19
Views: 3116

Re: 3% on Checking - Redneck Bank, not a joke

A CD doesn't require that I make 10 debit transactions a month, which must clear post and clear by the 20th, unless the 20th falls on a Saturday in which case they must clear by the 19th, or if the 20th falls on a Sunday they must clear by the 21st. I can get CDs for > $10,000, while the 3% at Redne...
by ThriftyPhD
Wed Mar 20, 2019 6:40 pm
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4049

Re: Slow cooker vs Instant pot........

Can you set it and forget it with the stovetop pressure cooker, where it pressurize, cook for a set time, and then depressurize on it's own, or do you need to monitor it? I can't have it do all those things automatically. What I do is turn the burner on, set a timer, and then just turn the burner o...
by ThriftyPhD
Wed Mar 20, 2019 6:33 pm
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4049

Re: Slow cooker vs Instant pot........

Slow cooking with IP is awful. Takes twice as long and never as good or juicy. We slow cook bone-in pork picnics and it takes alot longer than our old slow cooker. A slow cooker would take 4-5 hours on high, 8-12 on low. You're saying you leave a pork roast in the instant pot for 8-24 hours? That w...
by ThriftyPhD
Tue Mar 19, 2019 6:56 pm
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4049

Re: Slow cooker vs Instant pot........

There are a lot of instant pot recipes out there where the instant pot is just not necessary. I made sausage and peppers in the instant pot on a friend’s recommendation and wondered why, it would have been easier and better on the stove. Hah, I've seen the same recipe recommended for a slow cooker....
by ThriftyPhD
Tue Mar 19, 2019 6:54 pm
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4049

Re: Slow cooker vs Instant pot........

I don't use a slow cooker very often, but when I do, I like the old style with a ceramic insert. The thermal mass makes a huge difference in smoothing out the temperature differences. The Instant Pot would cycle between almost scorching stuff, and then letting it get too cold. Then too hot again, e...
by ThriftyPhD
Tue Mar 19, 2019 6:52 pm
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4049

Re: Slow cooker vs Instant pot........

There was another thread where I discussed the many ways I dislike the Instant Pot. Here's another that I recently learned about: When you release the pressure at the end of the cooking cycle, steam escapes from the pot into your kitchen under high pressure. This steam that is released is not just ...
by ThriftyPhD
Tue Mar 19, 2019 6:49 pm
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4049

Re: Slow cooker vs Instant pot........

I had an Instant Pot and gave it away. IMO, it's a compromise. It does a lot of things, but none of them particularly well. If you are short on space, I can see the appeal. I'd almost go so far as to call it an entry level tool. I have a "real" stovetop pressure cooker, and it's faster than the Ins...
by ThriftyPhD
Tue Mar 19, 2019 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Max Contributions limits across 401k and IRA
Replies: 7
Views: 660

Re: Max Contributions limits across 401k and IRA

I'm a big fan of contributing evenly over the year, so I can cost-base average over a longer duration, is this not a good strategy for backdoor roth? If you're maxing the full $55k in a 401k plan, the bulk of your contributions will likely be contributed ~evenly over the entire year. The $6k is com...
by ThriftyPhD
Mon Mar 18, 2019 6:16 pm
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4049

Re: Slow cooker vs Instant pot........

We used our slow cooker almost every week for years. Since we got our Instant Pot about a year ago, we haven't used the slow cooker once. The Instant Pot does everything the slow cooker does, and more. For example, you can sear in the pot, then pressure cook. Another example, the pressure cook allow...
by ThriftyPhD
Sun Mar 17, 2019 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58427

Re: Fidelity as a one stop shop

He is right. 1 CMA with core as FDIC-CASH and buy SPRXX does same thing where first FDIC-CASH is emptied followed by money market funds to pay bills, checks, ATM etc But you can't hold SPRXX within the CMA, right? So you need a brokerage account to hold that fund, and designate it as the overdraft ...
by ThriftyPhD
Sun Mar 17, 2019 10:14 am
Forum: Investing - Theory, News & General
Topic: Are I Bonds like cash or bonds?
Replies: 16
Views: 1127

Re: Are I Bonds like cash or bonds?

If your planning calls for a certain percentage (or dollar amount) in cash and a certain percentage of bonds, do you consider I Bonds cash or bonds? Some folks use it as their EF so that sounds like cash. The answer probably depends on why you're separating out 'Cash' and 'Bonds' when planning your...
by ThriftyPhD
Sat Mar 16, 2019 4:36 pm
Forum: Personal Investments
Topic: Vanguard VTSAX or add VTIAX ETFs?
Replies: 9
Views: 754

Re: Vanguard VTSAX or add VTIAX ETFs?

The Bogleghead's Book suggests there is no reason to buy ETF's if you are not a day trader. Simply not true and some dated personal opinions that should not be taken as fact. I do agree in tax deferred accounts either is fine but in taxable accounts go with ETFs because they are more portable. Some...
by ThriftyPhD
Thu Mar 07, 2019 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Spending Moral Support
Replies: 19
Views: 1705

Re: Spending Moral Support

Pretty sound I guess... $2.1MM at 45/55 59 and not retired... Lloyd, first step is to figure out your age, then move on to more complicated questions such as your spend rate. :D :wink: 45/55 is his AA, right? That was my impression anyway. Ah, that makes sense. You're probably right. For some reaso...
by ThriftyPhD
Thu Mar 07, 2019 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Spending Moral Support
Replies: 19
Views: 1705

Re: Spending Moral Support

Lloydo wrote:
Thu Mar 07, 2019 6:28 pm
Pretty sound I guess... $2.1MM at 45/55
Lloydo wrote:
Thu Mar 07, 2019 6:18 pm
59 and not retired...
Lloyd, first step is to figure out your age, then move on to more complicated questions such as your spend rate.

:D :wink:
by ThriftyPhD
Wed Mar 06, 2019 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58427

Re: Fidelity as a one stop shop

I have a separate question I'd like to ask. Does the slow clearing process (ranging from 1 days to several days, as I understand it), reduce the attractiveness of the CMA or using the brokerage account for anyone? I realize Fidelity is not a bank, and therefore transactions clear slower versus Schw...
by ThriftyPhD
Thu Feb 28, 2019 7:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 589
Views: 45209

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts]

I was disappointed to get a notice today that Vanguard is discontinuing their VanguardAdvantage Account. The "press release" provides guidance to transition, and there is no replacement product being offered. It's new info, but I'm looking for a recommended alternative when my account goes away on ...
by ThriftyPhD
Thu Feb 28, 2019 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58427

Re: Fidelity as a one stop shop

^ Closing the account is a better idea. If they can't answer written questions with written answers, then it's game over. b0B. This thread is 7 pages long, and so far you're the only one that is unable to transfer money into your account. People have offered advice and tried to help, but you haven'...
by ThriftyPhD
Thu Feb 28, 2019 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58427

Re: Fidelity as a one stop shop

How long before a direct deposit actually shows up? I moved a direct deposit (my military pension) from USAA to FIDO. I got an email this morning from FIDO telling me they received a direct deposit. But it isn't showing up in any accounts. With USAA, it was available @ 0600 the day of the DD. Is FI...
by ThriftyPhD
Mon Feb 25, 2019 11:29 am
Forum: Investing - Theory, News & General
Topic: Why is this stock not in Vanguard funds?
Replies: 24
Views: 2113

Re: Why is this stock not in Vanguard funds?

VT portfolio holdings:

Atlassian Corp. plc Class A 37,000 $3,670,320
by ThriftyPhD
Sun Feb 24, 2019 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58427

Re: Fidelity as a one stop shop

I ACH'd $1k from USAA to the cash management account. That was easy to initiate, but I am irritated. I initiated the transfer on 14 Feb and they are showing the cash will not be available to withdraw until 22 Feb. That seems ludicrous. Maybe it's because it's a new account. Even after having the ac...
by ThriftyPhD
Sat Feb 23, 2019 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58427

Re: Fidelity as a one stop shop

I ACH'd $1k from USAA to the cash management account. That was easy to initiate, but I am irritated. I initiated the transfer on 14 Feb and they are showing the cash will not be available to withdraw until 22 Feb. That seems ludicrous. Maybe it's because it's a new account. Even after having the ac...
by ThriftyPhD
Sun Feb 10, 2019 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58427

Re: Fidelity as a one stop shop

My experience with Fidelity bank was terrible. Many transactions from other banks failed to go through. The Fidelity reps are hopeless, as they cannot explain anything about what happened, and they claim they cannot even see the transactions, so they cannot address anything. It sounds like you trie...
by ThriftyPhD
Sat Feb 09, 2019 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58427

Re: Fidelity as a one stop shop

My experience with Fidelity bank was terrible. Many transactions from other banks failed to go through. The Fidelity reps are hopeless, as they cannot explain anything about what happened, and they claim they cannot even see the transactions, so they cannot address anything. It sounds like you trie...
by ThriftyPhD
Fri Feb 01, 2019 8:47 pm
Forum: Personal Investments
Topic: VTTVX vs VTRS25
Replies: 2
Views: 184

Re: VTTVX vs VTRS25

https://institutional.vanguard.com/VGApp/iip/site/institutional/investments/productoverview?fundId=1677 Given the price ($36.10 on 1/31) and return since inception (4.2%), this seems to be what you have. Note that the -5.05% isn't the YTD return, it's the 1 year return. And that's as of 12/31/2018. ...
by ThriftyPhD
Sun Jan 06, 2019 11:54 am
Forum: Personal Investments
Topic: I now have a lot more traditional than Roth. Should I shift into Roth 401K ?
Replies: 47
Views: 2169

Re: I now have a lot more traditional than Roth. Should I shift into Roth 401K ?

You mean I should fund the entire $19K and $37K with pre tax (tax deferred) as I have been doing? And ignore all the Roth stuff with the 401K? Of course, I'll keep doing backdoor Roth IRA too. Yes, that is likely best. What about this? This is confusing me because this new tax deduction didn't exis...
by ThriftyPhD
Sat Jan 05, 2019 9:53 pm
Forum: Personal Investments
Topic: I now have a lot more traditional than Roth. Should I shift into Roth 401K ?
Replies: 47
Views: 2169

Re: I now have a lot more traditional than Roth. Should I shift into Roth 401K ?

I'll avoid what others have covered, but point out that doing a "backdoor" Roth IRA or "mega backdoor" Roth 401k (if your plan allows it), is almost always a good idea. When you are deciding between tax-deferred and not-tax-deferred contributions, you are making a decision about today's tax rate ve...
by ThriftyPhD
Sat Jan 05, 2019 9:29 pm
Forum: Personal Consumer Issues
Topic: How old is too old to buy a house?
Replies: 50
Views: 4180

Re: How old is too old to buy a house?

Do you like tinkering, fixing things, troubleshooting problems? Are you handy? If not, you might not like actually owning a home. This is what professionals are for, imho. You will not see me messing with plumbing or electrical tools. Same, but it's still more work. When renting, I would call my la...
by ThriftyPhD
Sat Jan 05, 2019 8:40 pm
Forum: Personal Investments
Topic: I now have a lot more traditional than Roth. Should I shift into Roth 401K ?
Replies: 47
Views: 2169

Re: I now have a lot more traditional than Roth. Should I shift into Roth 401K ?

So unless you are expecting your tax deferred balances to reach $2.1 million or above from their CURRENT balances by the time you reach age 70, you are better off contributing to the traditional 401(k) now. In practical terms, it usually means that the tax-deferred balances should be around $1.5 mi...
by ThriftyPhD
Sat Jan 05, 2019 6:15 pm
Forum: Personal Consumer Issues
Topic: How old is too old to buy a house?
Replies: 50
Views: 4180

Re: How old is too old to buy a house?

I think a lot of responses are considering the financial angle (makes sense given the focus of this forum), and they're not wrong. People buy homes all the time at that age. If you have the funds, you'll be fine. Another consideration is that you've never owned a home before. At 67, you would be exp...
by ThriftyPhD
Fri Jan 04, 2019 7:49 pm
Forum: Personal Consumer Issues
Topic: Paying (paper) cash for daily transactions
Replies: 83
Views: 3832

Re: Paying (paper) cash for daily transactions

Paying by credit card incurs meaningful costs on the seller. I pay cash for a lot of purchases. Locally, it saves the businesses a little in fees and I figure bigger picture, cash results in less money siphoned off by the financial system. Cash incurs costs for the retailer too. The business needs ...
by ThriftyPhD
Sun Dec 30, 2018 2:31 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces said in 2016 that IRS auditors disapproved of backdoor Roth IRAs
Replies: 249
Views: 42127

Re: Michael Kitces says IRS auditors disapprove of Backdoor Roth IRA's

And for those high earners with a high savings rate , I frankly doubt that use of backdoor Roth IRAs is going to really move the needle that much for them anyway. There simply isn't a huge benefit in having $6k (in 2019) in a Roth account when you're saving 10 or 20 times that much in other account...
by ThriftyPhD
Thu Dec 27, 2018 9:17 pm
Forum: Investing - Theory, News & General
Topic: Are Index Funds Still Best?
Replies: 22
Views: 1575

Re: Are Index Funds Still Best?

They charge no fees to trade and offer fractional shares. Unless I misunderstand it, with M1, I could theoretically invest a couple thousand in my account and have it buy partial shares of a hundred or more stocks / ETFs. So, say I wanted to track the S&P 500. I could buy an ETF that does this. Or,...