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Open a second brokerage account. I have 2, one for stocks, one holding my cash supply in money markets. The second is linked to cma for overdrafts. The CMA IS a brokerage account. You can hold the MM fund directly in it. No need for a second Brokerage account. I just found that out recently from an...

[quote=CDub post_id=4053451 time=<a href="tel:1533476509">1533476509</a> user_id=129605] It’s listed in their FAQ’s, they will not sell stock or bond. https://www.fidelity.com/cash-management/faqs-cash-management-account If I drop below my minimum target balance or use Cash Manager overdraft protec...

You can get a little bit more yield using SPRXX instead of SPAXX (1.85% vs. 1.57%). Or even using FZDXX 1.97% ($100k to start, $10k to maintain). All of these options require you to manually purchase the fund in the CMA (but will be automatically liquidated as necessary to meet debits). Yep, good p...

I have a Vanguard Advantage Account (a cash management account) which for some reason they not only don't advertise but it is hard to find information about it. Originally, I was going to use that as my primary checking account but when money market rates went almost to zero I kept the account but ...

I see. So cash manager will stop taking money from the brokerage account if only stock and bond are available. That's good to know. I opened a separate Fidelity cash management account recently because I do not want to use the cash management feature of the brokerage account directly. I was wonderi...

[quote="Spirit Rider" post_id=4053400 time=<a href="tel:1533474410">1533474410</a> user_id=717] You don't have to go to that much trouble. Just buy SPAXX in your Cash Management Account. When you have insufficient funds in your core position. Fidelity will sell enough of whatever money market funds ...

I guess I don't even have a "Cash Management Account". SPAXX is my "core account" position at Fidelity. I have checks that Fidelity provides that draw directly from that account & fund. Plus Billpay debits, direct pulls, etc. Can you get a debit card on that account? I actually hadn’t even consider...

You don't have to go to that much trouble. Just buy SPAXX in your Cash Management Account. When you have insufficient funds in your core position. Fidelity will sell enough of whatever money market funds you have in the CMA to cover the debit. This is a great point and a nice simplification. One dr...

Good post. I am somewhat cautious with this type of setup. If there is fraud and the checking account get hit, I do not want it to automatically take money from my brokerage account. That’s a good point, however, the cash manager does not “sell” anything except money market and cash equivalents. Ie...

The Fidelity Cash Management account has served as my primary checking account for 5+ years. It's an excellent product with no fees, minimums, and free-ATM withdrawals. Combining this with the Fidelity 2% cashback visa has been a great option for me. I recently came across their "Cash Manager" https...

If you want to see Vanguard's take on this, check out the different age-based options Vanguard has in it's 529 plans that follow a glide-path like what you're asking about. https://investor.vanguard.com/529-plan/age-based-options You could also review a "target-retirement" plan ending ~12 years from...

Ok, you are right. But maybe it makes sense to simplify portfolio by combining VTI and VXUS together into VT instead? Expenses for VTI is 0.04%, expense for VXUS is 0.11%, so total expense for both is 0.15%. Expense for VT, however is 0.10%, so I would save 0.05% on management fees and simplify por...

Somebody asked me for a per-decade illustration of US (Total-Market, aka TSM) vs. the rest of the world (developed, aka EAFED). I added Emerging Markets (EM) for good measure. Data comes from a mix of Dimson and al. and what we have in the Simba backtesting spreadsheet . http://i.imgur.com/PAn9bsOl...

Your plan to split and adjust in your Rollover IRA is good. No tax consequences there. We continue to up our bond allocation (at re-balance time) in Rollover IRAs to keep Taxable and Roths 100% stocks (Total US + Total International). At some point, if you run out of space in the Rollover IRA, you ...

I know this is a very simple question, just wanted to confirm. I would like to keep a roughly 70/30 split between domestic/international. However, I am not currently contributing to any international funds. The only low-fee index fund option in my 401k is an S&P500 Index fund. My HSA is invested in ...

Which brings me to a suggestion. The three-fund portfolio, to be sure, is simple to implement. But it would be simpler yet if it were a one-fund portfolio. It strikes me that Vanguard might do its investors a favor by bundling Taylor's three funds into a single offering: Vanguard Total Index Fund. ...

Here you go. https://tipswatch.com/2018/01/09/i-bond-investors-heres-your-buying-guide-for-2018/ Just check back at the dates mentioned to see his recommendation. In that article he says, "Don’t bother buying I Bonds as a short-term investment. You can do better with one-year, best-in-nation bank C...

I just signed up for Sprint's 1 year free promotion. It's actually a bit longer than a year, it says my plan will stay free until April 30, 2019.

https://www.sprint.com/en/shop/offers/f ... :1yearfree

+1 for YNAB and Personal Capital

YNAB mainly bc it actually seems to encourage behavior change (unlike Mint), so easily pays for itself. Plus wife is willing to get on board with YNAB.
Personal capital for investments.

I would look into what 5% point dividend means. $50,000 spend = 2500 points = $25? I would definitely hope not, but I'd investigate. (Or you get points that you can only spend on their portal, and have very limited options.) I can see a reason why it might be a legit $2500 value: they're trying to ...

I wouldn't bet that the 5% is actually cash back. I notice they say the 1.5% on every purchase is cash back, the 3% on travel and restaurants is cash back, but the 5% on >$50K spending is a "point dividend". Points , not cash back. I couldn't tell how you earn points. And is a 5% "point dividend" s...

That Commerce Bank card is really compelling. I would go for that if I could, unfortunately - it looks like you ahve to apply at a branch in Missouri, Kansas, Illinois, Oklahoma, or Colorado.

No matter what, it is worth calling. I would call and say the rates are too high and ask “is there anything else you can do for me?”. After that, if the rate is still high and they won’t budge - you can say you’re going to have to look at other options as that’s still too high, are you sure there is...

I've had a good experience so far with Goldman Sachs Bank (now called "Marcus"). They're at 1.5% now, recently bumped it up from 1.3%. They seem committed to offering a savings rate on the higher end. Also, just started getting into I-Bonds this month. Seems like a great option for an e-fund as it's...

I'm going to London later this year. I ordered a giffgaff SIM last week, shipped for free to my house here in the US, before I leave I'll purchase the plan I want,and once I land in London I'll finish any configuration necessary. Looking forward to trying it out. Will giffgaff work outside the UK? ...

I pay $400/yr for a 25yr $1Mil term policy. I’m 30. Signed up last year.

I’m generally confused why people would sign up for a whole life policy when rates for term are so much better.

Here's another perspective on why I decided against it (for now). Spending $48k per year would get you another 1% or $480 the first year over the fidelity 2%. Then future years would only be $240- $59 fee = $181 per year. Certainly not insignificant, but there are only so many cards one can get if ...

Discover 5% is also possible by purchasing at Costco via Google Express. Google express also has a promotion for 20% off right now. -> so you can actually get 25% off. Not quite 25% off.... Let's say you start with $100 of purchases. First, the 20% off promotion from Google Express would drop that ...

Discover 5% is also possible by purchasing at Costco via Google Express. Google express also has a promotion for 20% off right now. -> so you can actually get 25% off. It looked like Discover hadn't classified it as a 5% category, but I reached out to them via chat and they adjusted it to reflect it...

I have been debating pursuing a simple strategy (Alliant Visa 3%/2.5% Cash Back + Amazon 5%) -> or going full bore after the sign up bonuses/churning. Have you had a good experience with Alliant? I have the fidelity visa 2%. Considering making the switch for primary spend. I may do a blend of the tw...