Search found 87 matches

by crumbone
Sat Sep 22, 2018 11:38 pm
Forum: Investing - Theory, News & General
Topic: Zero-ER Fidelity Funds [Closed to new investors?]
Replies: 38
Views: 3041

Re: Zero-ER Fidelity Funds

Why do you want to buy these funds? Why not stick with iShares S&P 1500 (ITOT) which they sell at the Bid/Ask spread without commission and feature a low ER of 0.03% ($.30 per $1000). If you walk into the poker room and you can't instantly identify the "phish".. it is you. What is free is often not...
by crumbone
Sat Sep 22, 2018 11:30 pm
Forum: Investing - Theory, News & General
Topic: Zero-ER Fidelity Funds [Closed to new investors?]
Replies: 38
Views: 3041

Re: Fidelity zero ER funds closed?

I'm skeptical that we know all we should about the Zero ER funds. Unless Fido is content to have a product with zero income and some level of expense, an extremely doubtful scenario, then they are making money somewhere that is not apparent. Why is that a problem? Vanguard funds often beat their in...
by crumbone
Sat Sep 22, 2018 6:23 am
Forum: Investing - Theory, News & General
Topic: Zero-ER Fidelity Funds [Closed to new investors?]
Replies: 38
Views: 3041

Re: Fidelity zero ER funds closed?

Call_Me_Op wrote:
Sat Sep 22, 2018 6:20 am
I am quite sure that Fidelity would not close these funds - certainly not a month after that were opened.
As am I, which is why I posted-- I'll have to call Customer Service to try and figure out what's going on.
by crumbone
Sat Sep 22, 2018 6:20 am
Forum: Investing - Theory, News & General
Topic: Zero-ER Fidelity Funds [Closed to new investors?]
Replies: 38
Views: 3041

Re: Fidelity zero ER funds closed?

It's a standard taxable brokerage account at Fidelity.
by crumbone
Fri Sep 21, 2018 10:54 pm
Forum: Personal Consumer Issues
Topic: Another Wifi extender thread
Replies: 39
Views: 2934

Re: Another Wifi extender thread

Good access points beat repeaters every time.

I use Ubiquiti access points and my Wifi range extends much further than I need it to.
by crumbone
Fri Sep 21, 2018 10:51 pm
Forum: Investing - Theory, News & General
Topic: Zero-ER Fidelity Funds [Closed to new investors?]
Replies: 38
Views: 3041

Fidelity zero ER funds closed?

[Thread merged into here, see below. --admin LadyGeek]

I keep trying to buy FZILX and FZROX (the zero-ER fidelity funds) and Fido's site says they are closed to new investment. Anyone know about this? Are they truly closed?
by crumbone
Fri Sep 21, 2018 10:45 pm
Forum: Investing - Theory, News & General
Topic: Is there any difference? (Re-balancing AA)
Replies: 14
Views: 1079

Re: Is there any difference? (Re-balancing AA)

"Buy and hold" really just means "don't sell for any reason other than rebalancing, tax loss harvesting, or retirement." Yeah? To me, selling for any reason means you didn’t buy and hold, you bought and sold some. I don’t think you get a pass for select reasons. Buy and hold is a very long term str...
by crumbone
Fri Sep 21, 2018 10:39 pm
Forum: Investing - Theory, News & General
Topic: Is there any difference? (Re-balancing AA)
Replies: 14
Views: 1079

Re: Is there any difference? (Re-balancing AA)

"Buy and hold" really just means "don't sell for any reason other than rebalancing, tax loss harvesting, or retirement." Yeah? To me, selling for any reason means you didn’t buy and hold, you bought and sold some. ... To me, buy and hold means to buy a portfolio and hold it, adding to, drawing from...
by crumbone
Fri Sep 21, 2018 12:13 am
Forum: Investing - Help with Personal Investments
Topic: Help: Is it worth it for me to do a Back Door Roth
Replies: 4
Views: 609

Re: Help: Is it worth it for me to do a Back Door Roth

Based on the accounts listed above, I presume you are self-employed without an employer-based 401k. Why, then, not just roll your current SEP and SIMPLE funds to a Fido i401k use your Fido i401k instead of a SIMPLE IRA going forward? This would result in: -$55k of tax-deferred space per year ($18.5k...
by crumbone
Thu Sep 20, 2018 10:51 pm
Forum: Investing - Theory, News & General
Topic: Is there any difference? (Re-balancing AA)
Replies: 14
Views: 1079

Re: Is there any difference? (Re-balancing AA)

Well, yes and no. You buy and hold, while trying to keep portfolio risk constant. The idea is that you decide your level of risk tolerance and then the only selling you ever do is to maintain a set level of risk. You could never rebalance, but that would usually lead to a higher and higher percentag...
by crumbone
Thu Sep 20, 2018 10:47 pm
Forum: Investing - Theory, News & General
Topic: Zero-ER Fidelity Funds [Closed to new investors?]
Replies: 38
Views: 3041

Zero-ER Fidelity Funds [Closed to new investors?]

I keep trying to buy FZILX and the Fido site says both it and FZROX are closed to new investors. Does anyone know anything about this?
by crumbone
Thu Sep 20, 2018 10:41 pm
Forum: Investing - Theory, News & General
Topic: Is there any difference? (Re-balancing AA)
Replies: 14
Views: 1079

Re: Is there any difference? (Re-balancing AA)

Broadly speaking, no--at least for a tax-advantaged account. In a taxable account, the method involving buying and selling creates a taxable event and could result in capital gains tax. That's why it's recommended to rebalance with either new money or tax-advantaged money (or both.) People generally...
by crumbone
Thu Sep 13, 2018 10:51 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 762
Views: 78821

Re: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)

Attempted to buy FZILX--Fidelity's transaction page is now listing FZILX and FZROX as "closed to new investments."

Anyone know what's going on here?
by crumbone
Sun Dec 24, 2017 1:16 am
Forum: Personal Finance (Not Investing)
Topic: Will you donate less to Charity?
Replies: 109
Views: 9215

Re: Will you donate less to Charity?

I don't think I will be giving less, but then again, I don't think I will be giving more, either. As I will be taking the standard deduction, and not be able to deduct charitable contributions, I don't think I will be as motivated to "up my game". I think it was a big mistake to not allow charitabl...
by crumbone
Sun Dec 24, 2017 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Will you donate less to Charity?
Replies: 109
Views: 9215

Re: Will you donate less to Charity?

I don't think I will be giving less, but then again, I don't think I will be giving more, either. As I will be taking the standard deduction, and not be able to deduct charitable contributions, I don't think I will be as motivated to "up my game". I think it was a big mistake to not allow charitabl...
by crumbone
Sun Dec 24, 2017 12:22 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 65482

Re: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]

logiclife wrote:
Sat Dec 23, 2017 8:38 pm
Any link to AMT calculator please?
I rolled my own. As of yet, there are none that I'm aware of.
by crumbone
Sat Dec 23, 2017 2:25 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 65482

Re: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]

For high income earners there were phase outs for certain items in the current tax code, I assume with so called simplification that those no longer apply? My understanding is that the Pease limitations were removed. Since these were basically a phaseout for exemptions and itemized deductions, it s...
by crumbone
Wed Dec 20, 2017 12:59 am
Forum: Personal Consumer Issues
Topic: US National Parks
Replies: 36
Views: 3616

Re: US National Parks

I've never understood the compulsion to scramble from park to park, checking off boxes (but then again I've never understood frantic checkbox guidebook tourism of any kind.) Each park is a treasure, with miles and miles of undisturbed nature all around. Why not pick one or two and really get to know...
by crumbone
Tue Dec 19, 2017 11:53 pm
Forum: Investing - Help with Personal Investments
Topic: Max Roth, 401K to match; Then?
Replies: 6
Views: 751

Re: Max Roth, 401K to match; Then?

How long do you see yourself staying in this job? Your long-term investment options for tax-deferred money may be better than you think. If you're likely to change jobs soon, you'd be able to roll over any 401k contributions to a traditional IRA or potentially your next employer's plan (if it's bett...
by crumbone
Tue Dec 19, 2017 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about mega-backdoor Roth, and is there any reason NOT to do a mega-backdoor Roth?
Replies: 24
Views: 4633

Re: Questions about mega-backdoor Roth, and is there any reason NOT to do a mega-backdoor Roth?

There's no requirement that someone do regular deferrals first or at all to make after-tax contribution. One could put 54k - employer contributions in after-tax and roll out if so desired. A potential reason for that would be if the plan did not offer Roth 401(k) and the participant wanted all cont...
by crumbone
Sat Dec 16, 2017 1:01 am
Forum: Investing - Help with Personal Investments
Topic: Questions about mega-backdoor Roth, and is there any reason NOT to do a mega-backdoor Roth?
Replies: 24
Views: 4633

Re: Questions about mega-backdoor Roth, and is there any reason NOT to do a mega-backdoor Roth?

There are some requirements for a Mega-Backdoor Roth that unfortunately most employers do not meet: Employee accepts after- tax (not Roth!) 401k contributions (this greatly complicates plan administration and with the exception of some very large corporations, most employers don't offer it.) Employ...
by crumbone
Fri Dec 15, 2017 1:53 am
Forum: Investing - Help with Personal Investments
Topic: Questions about mega-backdoor Roth, and is there any reason NOT to do a mega-backdoor Roth?
Replies: 24
Views: 4633

Re: Questions about mega-backdoor Roth, and is there any reason NOT to do a mega-backdoor Roth?

There are some requirements for a Mega-Backdoor Roth that unfortunately most employers do not meet: Employee accepts after- tax (not Roth!) 401k contributions (this greatly complicates plan administration and with the exception of some very large corporations, most employers don't offer it.) Employe...
by crumbone
Fri Dec 08, 2017 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Bond vs Bond Fund? why funds?
Replies: 26
Views: 3269

Re: Bond vs Bond Fund? why funds?

I'm sorry to learn about your mom. There's not enough information to really give you a good opinion. First, who has the money? You mention that you and your siblings actually have the money? Does that mean that she has none? Does her nursing home accept Medicaid? Do you need an elder care attorney ...
by crumbone
Fri Dec 08, 2017 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Tax questions about moving taxable to lower ER options
Replies: 8
Views: 955

Re: Tax questions about moving taxable to lower ER options

Have you considered simply transferring the funds in-kind to Vanguard? This would have no immediate tax consequences, but allow you the freedom to unwind these high-fee funds in whatever way makes the most sense for you tax-wise. If you do this, make sure to get documentation of your cost basis on a...
by crumbone
Fri Dec 08, 2017 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Bond options - What would you do?
Replies: 6
Views: 1019

Re: Bond options - What would you do?

Hey Bogelheads! My question is primarily around how to move forward with our bond allocation. Expanded below. Emergency funds: $40,000 + $25,000 Ally CD (for annual property taxes of $12-14k; expensive here in Texas!) Debt: None, other than mortgage at 4%. Tax Filing Status: Married Filing Jointly ...
by crumbone
Fri Dec 08, 2017 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Fidelity Mutual Funds for 401k
Replies: 9
Views: 1013

Re: Help with Fidelity Mutual Funds for 401k

livesoft wrote:
Fri Dec 08, 2017 5:55 pm
FSTVX is hot as are some of the funds mentioned in this wiki article: https://www.bogleheads.org/wiki/Fidelity
Yes, a 3-fund portfolio would be FSTVX, FTIPX, and FSITX.
by crumbone
Fri Dec 08, 2017 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Bond vs Bond Fund? why funds?
Replies: 26
Views: 3269

Re: Bond vs Bond Fund? why funds?

Blue chips - GE? Maybe. Why take much fixed income risk? I would use a combination of CDs, Online Savings account, and a short term bond fund. Ally Bank has a no penalty 11 mo. CD at 1.60%, You can get a 5 yr CD for 2.5% and a 2 yr at 2% if you check Vanguard Brokerage CDs ( plan to hold to maturit...
by crumbone
Fri Dec 08, 2017 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Bond vs Bond Fund? why funds?
Replies: 26
Views: 3269

Re: Bond vs Bond Fund? why funds?

How long is her lifetime, realistically? People in nursing homes run the gamut in terms of overall health. If your horizon is 20 years (meaning she might live to 98) your decisions will be different vs. if you're only looking at < 5 years. On the question of individual bonds vs. bond funds, I agree...
by crumbone
Fri Dec 08, 2017 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: on keeping a tranche of active mgmt in Roth
Replies: 16
Views: 998

Re: on keeping a tranche of active mgmt in Roth

I'll set aside the question of whether it's ever worthwhile to invest in an active fund (and the myriad behavioral pitfalls this subjects you to on the part of both the investor and the fund manager.) Assuming "active management" is a factor that you'd like exposure to and recognizing– I hope– that ...
by crumbone
Fri Dec 08, 2017 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Old 401k Rollover
Replies: 5
Views: 689

Re: Old 401k Rollover

Hello everyone, I’m in need of some advise... I left a company in August that I had been with for 2 years and have 13k in a 401k with Fidelity... I also started a new 401k in October with Wells Fargo and the new employer. In my free time which is summers, holidays, & weekends I’m the owner of a sol...
by crumbone
Fri Dec 08, 2017 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Analyzing Expense Ratios
Replies: 39
Views: 3046

Re: Analyzing Expense Ratios

How long do you have to keep the money in that 401k to keep your employer's contribution? In the 401k I was in until 2002 we only had to keep in the money for 3 years, thereafter could use the money on other things like moving it into a rollover- IRA at Vanguard. I didn't know this was something th...
by crumbone
Fri Dec 08, 2017 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Bond vs Bond Fund? why funds?
Replies: 26
Views: 3269

Re: Bond vs Bond Fund? why funds?

nisiprius that was a very insightful reply. managing a complex bond portfolio would be a task for sure. if you were in my shoes what bond funds (or ETFs) would you buy? I was thinking 125k in FSICX, 125k in FTABX, and 125k in FAGIX or PBDDX. the rest would go to FUSVX. the money is at fidelity so I...
by crumbone
Fri Dec 08, 2017 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on how to start investing
Replies: 6
Views: 839

Re: Need advice on how to start investing

I'd suggest putting $5500 per year into a "backdoor" Roth IRA to allow for tax-free growth. The details are described well here . Any remaining investable assets can be deposited into a taxable investment account. With regard to investment companies, this site contains the name of Vanguard's founder...
by crumbone
Wed Nov 29, 2017 1:09 am
Forum: Personal Consumer Issues
Topic: Luggage Update for Travel
Replies: 73
Views: 5948

Re: Luggage Update for Travel

Soft duffel and if I'm bringing any dress clothes, a simple garment bag (the kind you get for free from fancy department stores, not the kind you buy from luggage makers.) If I need extra-crisp shirts (talk or interview), I'll pack them in dry cleaner bags inside the garment bag; ties are rolled up ...
by crumbone
Tue Nov 28, 2017 11:45 pm
Forum: Investing - Theory, News & General
Topic: Your Google Finance Portfolio is about to Disappear
Replies: 6
Views: 1978

Re: Your Google Finance Portfolio is about to Disappear

mister_sparkle wrote:
Tue Nov 28, 2017 9:55 pm
I use the GoogleFinance feature in many formulas in my master investment tracking Google spreadsheet -- does anyone know if that lookup feature is going away? (Dear god I hope not :D )
Yes, I would like to know this too.
by crumbone
Sat Nov 04, 2017 12:31 am
Forum: Investing - Help with Personal Investments
Topic: How has your AA philosophy changed over the years?
Replies: 45
Views: 4869

Re: How has your AA philosophy changed over the years?

Ron: In the 50s and 60s I had several friends who were stock brokers who convinced me to invest in individual stocks. As a result, I became a member of the American Association of Individual Investors with regular meetings at the Holiday Inn in Coral Gables, Florida. One of our speakers was a young...
by crumbone
Thu Nov 02, 2017 10:52 pm
Forum: Personal Consumer Issues
Topic: WPA2 protocol used by vast majority of wifi connections has been broken
Replies: 112
Views: 13598

Re: WPA2 protocol used by vast majority of wifi connections has been broken

I couldn't agree more. No sooner did the Equifax debacle happen then we are hit with knowing our router encryption isn't safe. It never ends. :oops: Thoughts: 1. Most productive steps are behavioral (don't open email attachments, etc.)-- social engineering/phishing attacks are the most common and s...
by crumbone
Thu Nov 02, 2017 3:12 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401k
Replies: 22
Views: 2955

Re: Fidelity 401k

This looks like a pretty good 401k; many here have done great with far worse choices. Fidelity is also fairly easy to work with as a brokerage/401k servicer. With the recent higher fees at Betterment, you're probably better off moving the Roth and taxable accounts--multiple decent choices, but eithe...
by crumbone
Wed Nov 01, 2017 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 88
Views: 14940

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 crumbone
Wed Nov 01, 2017 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 88
Views: 14940

Re: new 401(k) limits announced

Kind of basic question Max $54,000 total annual 401(k) contribution limit if you are age 49 or younger [combination of both your own and your employer’s contributions] Is $54 K just a sum of Pretax 401 (K) + Roth 401 (K) + After Tax 401 (K) + Company Match? Is After Tax 401 (K)= $54000- $18000 - Co...
by crumbone
Wed Nov 01, 2017 10:32 pm
Forum: Personal Consumer Issues
Topic: WPA2 protocol used by vast majority of wifi connections has been broken
Replies: 112
Views: 13598

Re: WPA2 protocol used by vast majority of wifi connections has been broken

Trusting your devices to “security software” can be dangerous to your digital health. Avast*, distributed malware to millions of computer users. According to reports, the malware-infested version of CCleaner was downloaded by 2.27 million users. https://thenextweb.com/security/2017/09/18/ccleaner-h...
by crumbone
Wed Nov 01, 2017 12:02 am
Forum: Personal Consumer Issues
Topic: WPA2 protocol used by vast majority of wifi connections has been broken
Replies: 112
Views: 13598

Re: WPA2 protocol used by vast majority of wifi connections has been broken

... So I just stay up to date and keep things patched, use common sense and caution. I’m not going the separate computer route myself. I do everything across three devices (phone, tablet, computer) and like them synced. And this hack, this doesn’t seem very threatening to me. Not gonna lose sleep o...
by crumbone
Tue Oct 31, 2017 11:59 pm
Forum: Personal Consumer Issues
Topic: WPA2 protocol used by vast majority of wifi connections has been broken
Replies: 112
Views: 13598

Re: WPA2 protocol used by vast majority of wifi connections has been broken

I was thinking more along the lines of the large number of browser exploits that have involved commercial plug-ins like Flash and Java. These are very easy to deal with on Safari in OS X (and pretty much any browser). Disable them or force them to ask permissions each time a website requests their ...
by crumbone
Tue Oct 31, 2017 11:54 pm
Forum: Personal Consumer Issues
Topic: WPA2 protocol used by vast majority of wifi connections has been broken
Replies: 112
Views: 13598

Re: WPA2 protocol used by vast majority of wifi connections has been broken

I use Kasperskys Safe Money when logging into and checking financial accounts. Despite the politics of Kaspersky, I like their Total Security Suite - SafeMoney is part of it. Usually found for like $30ish if you shop around. https://s1.postimg.org/2006732xrz/nhung-diem-moi-cua-kaspersky-internet-se...
by crumbone
Tue Oct 31, 2017 11:19 pm
Forum: Investing - Theory, News & General
Topic: Long-term Indexing -- Is Broader Better?
Replies: 3
Views: 815

Re: Long-term Indexing -- Is Broader Better?

You wouldn't generally, unless: 1. It's the closest thing to a total stock market fund in your tax-advantaged employer plan (probably the most common.) 2. You've been investing a long time and S&P predates all other index funds, so you've got funds in a taxable account with large capital gains. 3. Y...
by crumbone
Fri Oct 27, 2017 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Investing Question/Opinion
Replies: 8
Views: 893

Re: Taxable Investing Question/Opinion

What is your desired overall asset allocation for your portfolio? Do you have any tax-advantaged accounts like a 401k or IRA, where you could buy additional high quality low expense ratio bond funds? You can simply add this to your original post using the edit button, it helps a lot if all of your ...
by crumbone
Fri Oct 27, 2017 12:25 am
Forum: Personal Consumer Issues
Topic: idiot proof router?
Replies: 53
Views: 5596

Re: idiot proof router?

Most routers are fairly simple to setup though some (a select few) require some expertise I have a 50$ ubiquiti edgerouter x, which has totally improved the latency of me gaming while the so watches Netflix using the fq_codel algorithm... That router requires expertise. Fortunately it's something I...
by crumbone
Fri Oct 27, 2017 12:09 am
Forum: Personal Consumer Issues
Topic: WPA2 protocol used by vast majority of wifi connections has been broken
Replies: 112
Views: 13598

Re: WPA2 protocol used by vast majority of wifi connections has been broken

In a house can a person have one wired computer and do all financial stuff from that computer only. The house remains wired and other devices use WiFi for non financial work. (music streaming) Is this a reasonable option? Sure, it's reasonable. I only do financials on one wired computer. But anyone...
by crumbone
Thu Oct 26, 2017 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Life in AMT Hell (or, How I Learned to Keep Worrying and Hate the Exemption Phaseout)
Replies: 65
Views: 9862

Re: Life in AMT Hell (or, How I Learned to Keep Worrying and Hate the Exemption Phaseout)

jharkin wrote:
Wed Oct 25, 2017 7:29 am
I wish I had these problems to worry about.......
Have 2 incomes and move to a high-tax state. If that doesn't do it have a couple of kids. AMT Hell isn't a problem for rich people (they pay ordinary income tax.)