Search found 73 matches

by beehappy
Sun Nov 19, 2017 5:33 am
Forum: Personal Consumer Issues
Topic: Bank of America Premium Rewards card
Replies: 13
Views: 1275

Re: Bank of America Premium Rewards card

My experience with ME was very smooth. Only hiccup was my on-board advisor didn't tell ME that I couldn't trade with money from a newly linked account for 7 days after linking. As a result, the cash I moved to ME after linking that account, using electronic transfer, sat in cash for 7 business days ...
by beehappy
Wed Nov 15, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: sell fidelity index mutual fund and replace with etf index for tax benefit?
Replies: 21
Views: 1852

Re: sell fidelity index mutual fund and replace with etf index for tax benefit?

Would Fidelity permit an exchange to ITOT like Vanguard does? That'd address the tax issue if permitted.
by beehappy
Sun Nov 12, 2017 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Request for Promotion letter to Senior Management
Replies: 155
Views: 12695

Re: Request for Promotion letter to Senior Management

So promotions are frozen, but they managed to add two new managers in your department, and you weren't one of them? Are you not qualified to be a manager? What do you think a positive review gets you?
by beehappy
Sun Nov 12, 2017 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Personal letters to the sellers of your house can work!!!
Replies: 72
Views: 7502

Re: Personal letters to the sellers of your house can work!!!

We attached a letter to our offer for our current home. It was then, and still is, a seller's market. There were 4 other offers. We kept all our contingencies. We weren't the highest offer. Sellers came back and said they really liked our letter, and would rather sell to us if we could bridge some o...
by beehappy
Mon Nov 06, 2017 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard or Merrill Lynch
Replies: 20
Views: 1840

Re: Vanguard or Merrill Lynch

Thank you both for the insight. It is in a taxable account so that is where it gets sticky. Is it worth transferring it to take the 20% capital gains hit? Or just stick to the 0.5%. Hopefully I can transfer in kind. I will ask Vanguard to see how this can work. This may be a false choice. You may b...
by beehappy
Mon Nov 06, 2017 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard or Merrill Lynch
Replies: 20
Views: 1840

Re: Vanguard or Merrill Lynch

I'm a big fan of Merrill Edge. The Preferred Rewards is great, free trades and credit card boosts. Unfortunately you can't get a transfer bonus if coming from Merrill Lynch. He might be able to still get the bonus if Merrill Edge is facing bonus vs move to somewhere else. But even without the bonus...
by beehappy
Tue Oct 31, 2017 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 423286

Re: What's Your Credit Card Rewards Strategy?

Thanks for all the helpful responses to my prior question. I have another one: thinking of getting Delta platinum card which comes with 10k qualifying miles to help me make the next Skymiles level. Delta says that miles are credited 6-8 weeks after minimum spend. If I want the MQMs to be counted as...
by beehappy
Tue Oct 31, 2017 4:14 am
Forum: Personal Finance (Not Investing)
Topic: Will we be house poor in Boston? Help us to set a budget limit
Replies: 36
Views: 2880

Re: Will we be house poor in Boston? Help us to set a budget limit

OP, your monthly expense estimate seems way off. I'm reading that as you spend $5k in rent and $1850 In childcare. If that's correct, then your total monthly spend can't be $7050 as that only leaves $200/month for everything else. Even if the $5k included childcare, you still only have $2k/month to ...
by beehappy
Tue Oct 31, 2017 3:59 am
Forum: Investing - Help with Personal Investments
Topic: Buying Vanguard ETF's VTI and VXUS
Replies: 61
Views: 3890

Re: Buying Vanguard ETF's VTI and VXUS

This thread has me thinking about reading threads a while back, with one member mentioning they wouldn't bother buying with much less 7k per lot. It makes me wonder what the average lot size is for a Boglehead. The question regarding $80 in money market per month, why not just buy an extra share of...
by beehappy
Sun Oct 29, 2017 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Request for Promotion letter to Senior Management
Replies: 155
Views: 12695

Re: Request for Promotion letter to Senior Management

... I am surprised about the - find a better offer and threaten to quit now responses, considering one of my main responsibilities is to ensure my mom has a comfortable remaining life and the fact that the flexibility in my current position affords me that capability. I will report back on my final...
by beehappy
Thu Oct 26, 2017 10:28 am
Forum: Personal Consumer Issues
Topic: Credit card companies forgiving debt after death?
Replies: 48
Views: 4000

Re: Credit card companies forgiving debt after death?

I'm a bit confused. Credit card debt is unsecured debt. They cannot seize assets if not paid. So what's the upside to paying an unsecured debt of a dead person? Honest question.
by beehappy
Tue Oct 24, 2017 7:18 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 685
Views: 115361

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

If you open a new Merill Edge account, is it normal/common to get any targeted offers for opening a BoA account too ? I know that BoA typically has targeted $100/$300 bonuses for new checking accounts, and I figure that if I'm opening a BoA account with a ME account, might as well get a targeted bo...
by beehappy
Tue Oct 24, 2017 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Confused About 401(k) Rollover as HCE with Backdoor Roth
Replies: 13
Views: 980

Re: Confused About 401(k) Rollover as HCE with Backdoor Roth

Thank you all for the responses so far! You'd probably be better off leaving it in the 401(k), especially if the plan will be improving. Will you have a new job with a 401(k) or similar? Yes, the new employer offers a 401(k) plan, although the options aren't great. My main concern is what happens t...
by beehappy
Mon Oct 23, 2017 4:49 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 45242

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

I'm surprised there's not more talk of people migrating to Merrill Edge. For a $100k at Merrill, you're treated like royalty. I get 100 free trades a month. That's more than enough for all my trading needs, be the vanguard ETFs or something else. I don't have to make any of these trade offs between ...
by beehappy
Fri Oct 20, 2017 8:40 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 423286

Re: What's Your Credit Card Rewards Strategy?

Thanks for all the helpful responses to my prior question. I have another one: thinking of getting Delta platinum card which comes with 10k qualifying miles to help me make the next Skymiles level. Delta says that miles are credited 6-8 weeks after minimum spend. If I want the MQMs to be counted as...
by beehappy
Thu Oct 19, 2017 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 423286

Re: What's Your Credit Card Rewards Strategy?

Thanks for all the helpful responses to my prior question. I have another one: thinking of getting Delta platinum card which comes with 10k qualifying miles to help me make the next Skymiles level. Delta says that miles are credited 6-8 weeks after minimum spend. If I want the MQMs to be counted as ...
by beehappy
Wed Oct 18, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 423286

Re: What's Your Credit Card Rewards Strategy?

I need help figuring out if I should ask Fidelity to lower my credit limit. I applied for their 2% cash back card about 2 weeks ago, and the approval finally came through and it's for $50k. I have no need for that high a limit, and am s bit concerned that it'd lock up my credit and mess with me get...
by beehappy
Wed Oct 18, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 423286

Re: What's Your Credit Card Rewards Strategy?

I need help figuring out if I should ask Fidelity to lower my credit limit. I applied for their 2% cash back card about 2 weeks ago, and the approval finally came through and it's for $50k. I have no need for that high a limit, and am s bit concerned that it'd lock up my credit and mess with me gett...
by beehappy
Tue Oct 17, 2017 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Alternative to Vanguard PAS (dreadful service)
Replies: 16
Views: 1751

Re: Alternative to Vanguard PAS

Very scary that Vanguard PAS was so bad. I have recommended that to a bunch of people who have no financial clue. Hope it works better for them. It appears that Vanguard PAS is not for those who require personal service. There are many others who provide more personal service for higher fees. After...
by beehappy
Mon Oct 16, 2017 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Giving Less in Dividends than Competitors?
Replies: 13
Views: 2247

Re: Vanguard Giving Less in Dividends than Competitors?

I recently started my first full-time job after college and enrolled in the company 401k. The plan is distributed by UBS. There are a couple different plan options but the one I chose has UBS automatically invest the money for me based on my risk tolerance. I can also have them change my allocation...
by beehappy
Sat Oct 14, 2017 4:49 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 423286

Re: What's Your Credit Card Rewards Strategy?

Anybody know if spouse, who hasn't applied for cards but is authorized user on mine, is affected by my 5/24 count?
by beehappy
Sat Oct 14, 2017 4:46 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 423286

Re: What's Your Credit Card Rewards Strategy?

https://thepointsguy.com/2017/09/new-no-fee-united-card/ Other benefits of the United TravelBank Card include 25% back as a statement credit on food and beverage purchases on board United flights, auto rental coverage and trip cancellation/interruption insurance. There are also no foreign transacti...
by beehappy
Thu Oct 12, 2017 8:58 am
Forum: Investing - Help with Personal Investments
Topic: How to move a portfolio out of a traditional advisor service?
Replies: 18
Views: 1168

Re: How to move a portfolio out of a traditional advisor service?

OP is in the driver's seat with that amount, the Fido/Schwab/TDA's will be drooling to help you transfer from Ameriprise for free. You don't have to jump right into your self managed portfolio right off the bat, but a simple three fund I predict is what you end up doing. One thing you don't want to...
by beehappy
Thu Oct 12, 2017 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Which BoA Credit Card to use?
Replies: 24
Views: 1829

Re: Which BoA Credit Card to use?

My understanding of the new Premium Rewards card is that you get the increased base rewards rate of the Travel Rewards card (i.e. 2.625% at platinum honors), but that you can redeem the rewards for cash back, not just travel. The Cash Rewards (for groceries/gas/costco) and the Premium Rewards (for ...
by beehappy
Thu Oct 12, 2017 7:43 am
Forum: Investing - Help with Personal Investments
Topic: admiral shares or investor shares?
Replies: 24
Views: 3127

Re: admiral shares or investor shares?

The automatic monthly additions are only accomplished in Robo accounts for ETF's (which has a $50K minimum at Vanguard and charges .3% fee). To avoid those fees, monthly automatic investments would gather in your brokerage cash account, and then you would choose when to do the automatic DCA investm...
by beehappy
Thu Oct 12, 2017 6:51 am
Forum: Investing - Help with Personal Investments
Topic: admiral shares or investor shares?
Replies: 24
Views: 3127

Re: admiral shares or investor shares?

I would stick with the TF until you have significant amounts in taxable and deferred to purchase admiral shares in a tax efficient manner. Except that by then, he'd also have cap gains taxes to worry about, not small ER differences. OP, my advice is to start as you intend to go. Using a 3 or 4-fund...
by beehappy
Thu Oct 12, 2017 4:52 am
Forum: Investing - Help with Personal Investments
Topic: How to move a portfolio out of a traditional advisor service?
Replies: 18
Views: 1168

Re: How to move a portfolio out of a traditional advisor service?

Thank you all for the replies and encouragement. This has been very helpful to me and my wife. I think I will reach out to Schwab, Vanguard, and also a fee-only advisor and see what they would offer to do. @goingup is definitely right -- I certainly think Ameriprise has made our portfolio overcompl...
by beehappy
Thu Oct 12, 2017 4:31 am
Forum: Investing - Help with Personal Investments
Topic: admiral shares or investor shares?
Replies: 24
Views: 3127

Re: admiral shares or investor shares?

I would stick with the TF until you have significant amounts in taxable and deferred to purchase admiral shares in a tax efficient manner. Except that by then, he'd also have cap gains taxes to worry about, not small ER differences. OP, my advice is to start as you intend to go. Using a 3 or 4-fund...
by beehappy
Wed Oct 11, 2017 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Which BoA Credit Card to use?
Replies: 24
Views: 1829

Re: Which BoA Credit Card to use?

If you're in the top Platinum Honors BoA rewards level and want to maximize cash back, should you use BoA Cash Rewards or Travel Rewards Visa? I use both cards. Cash rewards for groceries and gas, then Travel Rewards for everything except Amazon, for which I use the Amazon Signature for 5% back. I'...
by beehappy
Wed Oct 11, 2017 7:00 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 423286

Re: What's Your Credit Card Rewards Strategy?

Any suggestions for a no-fee mileage card that'll help me keep my United miles from expiring? I've had a mileageplus card with an annual fee for years, but I don't fly much anymore and so it's not worth the $95 in fees. I want to cancel the card, but keep my miles from expiring. For my everyday spe...
by beehappy
Tue Oct 10, 2017 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 423286

Re: What's Your Credit Card Rewards Strategy?

https://thepointsguy.com/2017/09/new-no-fee-united-card/ Other benefits of the United TravelBank Card include 25% back as a statement credit on food and beverage purchases on board United flights, auto rental coverage and trip cancellation/interruption insurance. There are also no foreign transacti...
by beehappy
Tue Oct 10, 2017 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 423286

Re: What's Your Credit Card Rewards Strategy?

Any suggestions for a no-fee mileage card that'll help me keep my United miles from expiring? I've had a mileageplus card with an annual fee for years, but I don't fly much anymore and so it's not worth the $95 in fees. I want to cancel the card, but keep my miles from expiring. For my everyday spen...
by beehappy
Tue Oct 10, 2017 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Health Care for 2018, Curious About Other's Increases
Replies: 21
Views: 2814

Re: Health Care for 2018, Curious About Other's Increases

My wife and I are on separate insurance. We did this because her grandfathered health insurance included maternity coverage and the insurance I got through work doesn't offer that coverage. Since we were planning on having a baby, we kept her on her old plan. Her deductible was $7,500, so that's ho...
by beehappy
Mon Oct 09, 2017 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 15845

Re: [Boglehead vs Mr Money Mustache philosophies]

I would think that one would benefit tremendously from adopting from each approach. There're probably a number of young Bogleheads spending too much time finetuning asset allocation on small investments balances when they should be more focused on cutting their spending and increasing their savings ...
by beehappy
Mon Oct 09, 2017 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Combining spouses separate accounts into one joint account. Any downsides?
Replies: 19
Views: 1582

Re: Combining spouses separate accounts into one joint account. Any downsides?

Gill wrote:
Sat Oct 07, 2017 4:01 pm
You lose the right to dispose of your property by will if it is all held jointly.
Gill
1. Not necessarily a bad thing between married couples
2. I don't think this is the case if held as tenants in common.
by beehappy
Sun Oct 08, 2017 7:01 pm
Forum: Investing - Theory, News & General
Topic: New Fiduciary Rule seems to be a big disappointment
Replies: 18
Views: 2567

Re: New Fiduciary Rule seems to be a big disappointment

Money Magazine The DOL rule requires advisers and firms to act as fiduciaries, or in other words, to put investors' needs above their own. The new rule allows the sale of commission-based products as long as firms follow several steps, including acknowledging their fiduciary responsibility, providi...
by beehappy
Sun Oct 08, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: 529 help
Replies: 22
Views: 1286

Re: 529 help

You'll probably overfund at that rate. How much do they currently have in their 529s? You may want to pop your numbers into a college calculator to see how they play out. Personal Capital has a nice one. Thanks, I use Personal Capital so I'll check out the calculator. I currently have 68K for the 6...
by beehappy
Sun Oct 08, 2017 9:55 am
Forum: Investing - Help with Personal Investments
Topic: 529 help
Replies: 22
Views: 1286

Re: 529 help

Can you get the illinois state tax deduction contributing to the Utah plan? No, you can't. Per the IL 529 Bright Start site: If you live in Illinois, you also get some added state tax benefits. Contributions to your Bright Start account are tax deductible. You’ll enjoy a deduction of up to $10,000 ...
by beehappy
Sun Oct 08, 2017 7:09 am
Forum: Personal Consumer Issues
Topic: Too much house? (nervous 1st time buyer)
Replies: 57
Views: 4511

Re: Too much house? (nervous 1st time buyer)

How much are the annual property taxes on this house? HOA fees if any? Where I live, the property taxes on a 330k house could be $8,000+ per year and would sway me away from buying if I were living alone and didn't really need all that room. Property taxes around $2600/year. No HOA fees. The mortga...
by beehappy
Sat Oct 07, 2017 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: 529 help
Replies: 22
Views: 1286

Re: 529 help

I currently am married with 2 kids, 6yo and 3yo. Both have a 529 plan from Utah, but I am an IL resident. I'm trying to figure out how to further fund their 529 plans. I'm considering a partial "superfund" where I put in a lump sum of $70k into each kids account and my wife would then add $10k each...
by beehappy
Sat Oct 07, 2017 10:15 am
Forum: Investing - Help with Personal Investments
Topic: How to price backdoor roth availability?
Replies: 12
Views: 564

Re: How to price backdoor roth availability?

Hi, I'm currently considering two different job offers (and trying to negotiate for a bit more money). If the 401k plan from one job supports backdoor roth conversions and the 401k plan for the other job doesn't, how can I price the difference? Or if it depends, what information do I need to input ...
by beehappy
Fri Oct 06, 2017 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring Account from ML to Vanguard
Replies: 12
Views: 820

Re: Transferring Account from ML to Vanguard

Hi all, long time lurker and first time poster here. I have a taxable investment account that I inherited from my grandfather at Merrill Lynch that I would like to move to Vanguard and reallocate to a more balanced portfolio. I have gone as far as contacting Vanguard and finding out that all of the...
by beehappy
Fri Oct 06, 2017 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Student Debt Advice
Replies: 17
Views: 1316

Re: Student Debt Advice

So I'm just out of school and I'm setting up my student loan repayment plan.. I've been doing a lot of research and trying to figure out my best options but I wanted to get some opinions. https://imgur.com/a/Bpgtz This is a summary of my different loans separated by the different servicers. The fir...
by beehappy
Thu Oct 05, 2017 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: New job offer
Replies: 17
Views: 1466

Re: New job offer

Earl Lemongrab wrote:
Thu Oct 05, 2017 2:48 pm
I'm sure company policies differ. At mine, attending a meeting as a representative of the company while not working there yet would be unlikely.
Why would he need to attend as a representative? Couldn't he simply attend as a guest/visitor of the company?
by beehappy
Wed Oct 04, 2017 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: How much should an 18 year old keep in bonds?
Replies: 28
Views: 1541

Re: How much should an 18 year old keep in bonds?

Here is my current portfolio - I'm maxing out my Roth IRA using the VLXVX fund (2065 TD fund). Congratulations on an excellent start, and on an excellent choice in the VLXVX fund (target retirement 2065). As you've noted, that fund has 10% of the asset allocation in bonds. I would stick with this f...
by beehappy
Wed Oct 04, 2017 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: How much should an 18 year old keep in bonds?
Replies: 28
Views: 1541

Re: How much should an 18 year old keep in bonds?

https://i.imgur.com/XK5Fpxj.png Here is my current portfolio - I'm maxing out my Roth IRA using the VLXVX fund (2065 TD fund). Someone told me at my age, I should get rid of the bonds and instead buy "Vanguard Total Stock Market Index Fund Investor Shares" and "Vanguard Total International Stock In...
by beehappy
Mon Oct 02, 2017 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Minimizing income in taxable account
Replies: 13
Views: 1629

Re: Minimizing income in taxable account

As my taxable account grows, so do the dividends, which are obviously taxable. Much of my portfolio is in VTI. I also have international funds VEU and VSS. (I am limiting my purchase of bonds right now because I'm aggressively paying off 5% student loan debt.) Right now the account is valued at abo...
by beehappy
Fri Sep 29, 2017 5:25 am
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 4138

Re: Tax saving strategies for DINKs

Fwiw, and I sense you were joking about this, kids are definitely a net cost, especially for dual high earners in a HCOL area. I think we will spend right around $100k on ours this year. I definitely miss the financial aspects of being dinks... +1 for this. I think we get only about $1200 childcare...
by beehappy
Thu Sep 28, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 4138

Re: Tax saving strategies for DINKs

We are a DINKs who live in the downtown area of a major city. We are both W-2 employees. We rent. We will be in the highest federal income tax bracket this year. When you add our high local income tax rate, our marginal rate will be fairly close to 50%. We will also pay AMT. If you pay AMT, your ma...
by beehappy
Thu Sep 28, 2017 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 4138

Re: Tax saving strategies for DINKs

Don't use any interest bearing savings accounts at all. That means that your Schedule B should have no items on the top half. Your income is high enough and your taxable accounts bloated enough that you don't need savings earning 1% to 2% and taxed at 50%. This doesn't make much sense as a tax-savi...