Search found 209 matches

by emlowe
Sun Mar 17, 2019 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58655

Re: Fidelity as a one stop shop

Can someone explain clearly: Do you need both a brokerage account AND a CMA account to have a MM fund as a sweep account? Just trying to avoid having cash swept to a bank account (if I go this direction, which is uncertain). Please explain like I'm 14 years old how to optimize cash management at Fi...
by emlowe
Sun Mar 17, 2019 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58655

Re: Fidelity as a one stop shop

Can someone explain clearly: Do you need both a brokerage account AND a CMA account to have a MM fund as a sweep account? Just trying to avoid having cash swept to a bank account (if I go this direction, which is uncertain). Please explain like I'm 14 years old how to optimize cash management at Fi...
by emlowe
Sun Mar 17, 2019 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58655

Re: Fidelity as a one stop shop

Can someone explain clearly: Do you need both a brokerage account AND a CMA account to have a MM fund as a sweep account? Just trying to avoid having cash swept to a bank account (if I go this direction, which is uncertain). Please explain like I'm 14 years old how to optimize cash management at Fi...
by emlowe
Sun Mar 17, 2019 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58655

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 emlowe
Mon Mar 11, 2019 7:11 pm
Forum: Personal Investments
Topic: What is best to sell - RSU (at vest), RSU (at gain), ESPP...
Replies: 10
Views: 782

Re: What is best to sell - RSU (at vest), RSU (at gain), ESPP...

Well, I would always sell immediately everything, so this question never comes up for me. You should sell immediately going forward. However, I would do this: If your ESPP shares are QUALIFYING - then sell ALL the ones at a loss and calculate the LTC Loss Your RSU were taxed at vest. So you already ...
by emlowe
Sun Mar 10, 2019 1:16 pm
Forum: Personal Investments
Topic: Need Help With Mothers Portfolio
Replies: 15
Views: 1242

Re: Need Help With Mothers Portfolio

The wiki has a good article on Boglehead investing at Fidelity: https://www.bogleheads.org/wiki/Fidelity You can also buy brokered CDs and treasuries - auto-rolling t-bills is a nice option. Fidelity can also automatically build you a 1/2/5 year CD ladder via the web. I believe Fidelity's highest yi...
by emlowe
Sat Mar 09, 2019 4:31 pm
Forum: Personal Investments
Topic: Evaluating Bond ETF's - BND vs AGG
Replies: 19
Views: 3455

Re: Evaluating Bond ETF's - BND vs AGG

I have a 401(k) at Fidelity, and want to buy a total market bond index fund. AGG is free to buy, but it's expense ratio is 0.05% with a 0.01% Fee Waiver through 6/30/2026, after which its expense ratio may increase. Fidelity also charges to sell AGG: "The sale of ETFs is subject to an activity asse...
by emlowe
Sat Mar 09, 2019 4:18 pm
Forum: Personal Investments
Topic: Holdings in Value Index Fund - how to improve tax efficiency
Replies: 9
Views: 452

Re: Holdings in Value Index Fund - how to improve tax efficiency

Short answer is no. You cannot exchange funds without selling the fund which will result in cap gains (probably) - you should determine how much gain you would have if you sell - Vanguard should show this easily enough. What you can do is a) stop reinvesting dividends (so dividends go to cash/core a...
by emlowe
Fri Mar 08, 2019 12:20 am
Forum: Personal Investments
Topic: Puzzled: How to add more bonds+international after running out of tax-advantaged room?
Replies: 15
Views: 1635

Re: Puzzled: How to add more bonds+international after running out of tax-advantaged room?

Bonds: I would do (a) and (c) - but at your savings amount, I-bonds may not really make much dent because of the limits. FYI, you can buy more using trusts, but then things just get more complicated with lots of accounts. I would also consider using the Vanguard Intermediate-Term CA fund - VCAIX, ra...
by emlowe
Thu Mar 07, 2019 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58655

Re: Fidelity as a one stop shop

I use Fidelity as a one-stop shop and use the CMA as my checking account. I keep maybe $10k in there, and transfer any excess to my brokerage account on the 1st of the month. I have been buying SPRXX upon any large deposit (paycheck or otherwise) and just thought to set up automatic investments. I ...
by emlowe
Wed Mar 06, 2019 4:49 pm
Forum: Personal Investments
Topic: Best Account for 2 Million from Sale of my Business
Replies: 63
Views: 3282

Re: Best Account for 2 Million from Sale of my Business

Any of the following are all good places: VUSXX Treasury Money Market - 100% Treasuries, very safe, state-tax free VMRXX Vanguard Prime Money Market (Admiral) - fully taxable interest VMSXX Vanguard Muni Money Market - fed tax free Edit, you need 5 million for VMRXX - I thought it was 1 million - s...
by emlowe
Wed Mar 06, 2019 4:44 pm
Forum: Personal Investments
Topic: Best Account for 2 Million from Sale of my Business
Replies: 63
Views: 3282

Re: Best Account for 2 Million from Sale of my Business

Any of the following are all good places: VUSXX Treasury Money Market - 100% Treasuries, very safe, state-tax free VMRXX Vanguard Prime Money Market (Admiral) - fully taxable interest VMSXX Vanguard Muni Money Market - fed tax free Edit, you need 5 million for VMRXX - I thought it was 1 million - so...
by emlowe
Tue Mar 05, 2019 1:10 pm
Forum: Personal Investments
Topic: New to Fidelity
Replies: 8
Views: 663

Re: New to Fidelity

As mentioned, if you want a Core 4 portfolio, you can add REITs - Fidelity Real Estate Index FSRNX, ER: 0.07
by emlowe
Mon Mar 04, 2019 7:15 pm
Forum: Personal Investments
Topic: Can you give me a basic rundown on choosing Roth IRA investments?
Replies: 23
Views: 1425

Re: Can you give me a basic rundown on choosing Roth IRA investments?

Go with one of FZROX (Fidelity ZERO Total Market Index Fund ER:0 ) or FSKAX (Fidelity Total Market Index Fund ER: 0.015) - no need for any further complications. I use FZROX myself Yeah, I'm going to end up picking one of those and just leave it be. Out of curiosity, what factors did you use to det...
by emlowe
Mon Mar 04, 2019 5:49 pm
Forum: Personal Investments
Topic: Can you give me a basic rundown on choosing Roth IRA investments?
Replies: 23
Views: 1425

Re: Can you give me a basic rundown on choosing Roth IRA investments?

Go with one of FZROX (Fidelity ZERO Total Market Index Fund ER:0 ) or FSKAX (Fidelity Total Market Index Fund ER: 0.015) - no need for any further complications.

I use FZROX myself
by emlowe
Mon Mar 04, 2019 3:40 pm
Forum: Personal Investments
Topic: simplifying my financial life -- should i get rid of treasury direct?
Replies: 72
Views: 8057

Re: simplifying my financial life -- should i get rid of treasury direct?

That plastic card didn't last long though - you don't need it anymore. That was ditched in 2011 from what I can tell. I wish they would ditch the dumb web keyboard thing - it's easily overridden by using some simple scripts, and offers no additional security that I can think of. If they introduced ...
by emlowe
Sun Mar 03, 2019 8:03 pm
Forum: Personal Investments
Topic: Building Wealth
Replies: 23
Views: 5281

Re: Building Wealth

Note that you should exhaust your tax-advantaged space - this means maxing your 401(k) at $19,000 for 2019 (more if using 50+ catchup) (for more info read this: https://www.bogleheads.org/wiki/Prioritizing_investments) You should also work on deciding your asset allocation: https://www.bogleheads.or...
by emlowe
Sun Mar 03, 2019 5:53 pm
Forum: Personal Investments
Topic: simplifying my financial life -- should i get rid of treasury direct?
Replies: 72
Views: 8057

Re: simplifying my financial life -- should i get rid of treasury direct?

That plastic card didn't last long though - you don't need it anymore. That was ditched in 2011 from what I can tell. I wish they would ditch the dumb web keyboard thing - it's easily overridden by using some simple scripts, and offers no additional security that I can think of. If they introduced 2...
by emlowe
Sun Mar 03, 2019 5:47 pm
Forum: Personal Investments
Topic: Request for Portfolio Review and Financial Planning Guidance - March 2019
Replies: 18
Views: 1171

Re: Request for Portfolio Review and Financial Planning Guidance - March 2019

For cash/emergency fund, it's pretty hard to beat VMMXX Vanguard Prime Money Market. The Fidelity money market funds tend to pay less - although Fidelity does have some other features for cash management (checks, billpay, atm, etc). Fidelity does have a handy auto-roll feature for Treasuries, so you...
by emlowe
Sun Mar 03, 2019 5:03 pm
Forum: Personal Investments
Topic: Initial Portfolio Assessment - So Very Excited
Replies: 13
Views: 1535

Re: Initial Portfolio Assessment - So Very Excited

There doesn't seem to me to be any reason to switch from your iShares ETFs to Vanguard. Both IEF (iShares 7-10 Year Treasury Bond ETF: ER 0.15) and TLT (iShares 20+ Year Treasury Bond ETF: ER 0.15) are relatively inexpensive and do what you want. However, (1) holding these (or Vanguard) in a taxable...
by emlowe
Sun Mar 03, 2019 4:45 pm
Forum: Personal Investments
Topic: simplifying my financial life -- should i get rid of treasury direct?
Replies: 72
Views: 8057

Re: simplifying my financial life -- should i get rid of treasury direct?

Did you mean you had E bonds, or EE bonds? E bonds stopped paying interest a long time ago (I think in 2010). They were last sold in 1980. EE bonds pay very little annually (pretty close to zero recently) - however, they are guaranteed to double after 20 years. So basically at year 20, they suddenly...
by emlowe
Sun Mar 03, 2019 2:30 pm
Forum: Personal Investments
Topic: Introducing Bonds to Portfolio
Replies: 1
Views: 241

Re: Introducing Bonds to Portfolio

The TSP 'G' Fund is widely considered here to be about the best fixed income investment around.

So you would probably switch to putting some money into G

Here is a good thread on F vs G: viewtopic.php?t=238418
by emlowe
Sun Mar 03, 2019 11:26 am
Forum: Personal Investments
Topic: Moving Emergency Fund from I Bonds at Treasury Direct to something at Vanguard?
Replies: 21
Views: 2364

Re: Moving Emergency Fund from I Bonds at Treasury Direct to something at Vanguard?

Keep in mind that after you sell and put money into VMMXX, that fund will throw off regular taxable interest. If you want non-taxable interest, there are other money markets to look at that use muni's to avoid taxes. Good point, I hadn’t thought of that. But Vanguard says: Am I in one of the higher...
by emlowe
Sat Mar 02, 2019 11:39 pm
Forum: Personal Investments
Topic: Moving Emergency Fund from I Bonds at Treasury Direct to something at Vanguard?
Replies: 21
Views: 2364

Re: Moving Emergency Fund from I Bonds at Treasury Direct to something at Vanguard?

Keep in mind that after you sell and put money into VMMXX, that fund will throw off regular taxable interest.

If you want non-taxable interest, there are other money markets to look at that use muni's to avoid taxes.
by emlowe
Sat Mar 02, 2019 11:35 pm
Forum: Personal Investments
Topic: Lots of cash .. Scared to put it to work now
Replies: 207
Views: 17438

Re: Lots of cash .. Scared to put it to work now

I'd look at VTMFX Vanguard Tax-Managed Balanced.
by emlowe
Sat Mar 02, 2019 11:15 pm
Forum: Personal Investments
Topic: Moving Emergency Fund from I Bonds at Treasury Direct to something at Vanguard?
Replies: 21
Views: 2364

Re: Moving Emergency Fund from I Bonds at Treasury Direct to something at Vanguard?

You will not get something better than VMMXX Prime Money Markey - 7-day yield is currently %2.46 (as of 3/1/19)

Unless you want to put it in BND as part of your bond allocation portfolio
by emlowe
Fri Mar 01, 2019 3:54 pm
Forum: Personal Investments
Topic: Fidelity Core Position
Replies: 15
Views: 1613

Re: Fidelity Core Position

Fidelity Core Position - 2 options available are - 1. FDIC-Insured Deposit Sweep - Current option - .37% APY 2. SPAXX - FIDELITY GOVERNMENT MONEY MARKET - Yield 2.05% I am thinking of switching to option 2. Any reason to stick with option 1? Why doesn't fidelity automatically pick option 2? You sho...
by emlowe
Fri Mar 01, 2019 3:35 pm
Forum: Personal Investments
Topic: Need a Second Look from BH group--T-bill question
Replies: 7
Views: 811

Re: Need a Second Look from BH group--T-bill question

I think you can direct that all the proceeds (interests and returns of principal) to remain in your treasurydirect account as a “C of I”. Not true that they have to be deposited on your linked bank account. True, if you use Treasury Direct to purchase T-Bills. I would use a brokerage like Fidelity,...
by emlowe
Fri Mar 01, 2019 1:01 am
Forum: Personal Investments
Topic: Need a Second Look from BH group--T-bill question
Replies: 7
Views: 811

Re: Need a Second Look from BH group--T-bill question

I can't follow what you are doing at all. Typically you would do this: At Fidelity, you open a brokerage account. Transfer/Deposit your money into the account. (let's use $10k as an example) Fidelity sweeps the $10k into the Fidelity MM fund Purchase your T-Bills at $1,000 par value (so 10x$1000 bil...
by emlowe
Fri Mar 01, 2019 12:15 am
Forum: Personal Investments
Topic: Want no interest, dividends or distributions in 2019
Replies: 45
Views: 3905

Re: Want no interest, dividends or distributions in 2019

I Bonds ($20k max) Technically you can buy more, but you would need to create separate Trusts to hold them all. As far as I can tell, there is no limit to the number of trusts you can create, and each one can purchase 10k bonds. At the very least, it is very typical for a person and partner to buy ...
by emlowe
Thu Feb 28, 2019 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58655

Re: Fidelity as a one stop shop

You can set up a regular automatic withdrawal (including a transfer to another Fidelity account), but only for a fixed amount or all dividends and interest if not re-investing (aka earnings) You can set up an alert (email) if your CMA account hits a maximum target amount. I don't think you can have ...
by emlowe
Thu Feb 28, 2019 3:58 pm
Forum: Personal Investments
Topic: Should I sell I-bonds to get 6.75% [in Pakistan bonds?]
Replies: 40
Views: 3248

Re: Should I sell I-bonds to get 6.75%

To be clear, I wasn't recommending EMB, I was suggesting you could use it as a reference point to compare the Pakistani Bond with "similar" bonds. Investing from I-Bonds (a safe, fixed-income component) to a High Yield or Emerging Bond fund is moving to a completely different category of risk. As sa...
by emlowe
Thu Feb 28, 2019 1:31 am
Forum: Personal Investments
Topic: portfolio for a 4% plus return
Replies: 35
Views: 3234

Re: portfolio for a 4% plus return

There are some promotional CD rates around 3.5%

Hyperion Bank 19 months 3.5%

(of course, this violates your liquid requirement)
by emlowe
Wed Feb 27, 2019 12:13 am
Forum: Personal Investments
Topic: Should I sell I-bonds to get 6.75% [in Pakistan bonds?]
Replies: 40
Views: 3248

Re: Should I sell I-bonds to get 6.75%

Pakistan is B- rated. I believe this is considered not investment grade (aka junk bond) So you are trading a great deal of credit quality for yield, along with single-issuer risk. You are also sacrificing liquidity. I read this as saying you can liquidate early but only in PKR. As a comparison, I mi...
by emlowe
Tue Feb 26, 2019 4:56 pm
Forum: Personal Investments
Topic: bitcoin guy wants to stock market
Replies: 234
Views: 11484

Re: bitcoin guy wants to stock market

Well, my takeaway from the thread is that you have a windfall and wanted to be very conservative, so you were thinking of 100% bonds. Personally, I wouldn't go 100% bonds, unless I had a substantial amount of money and it easily met all my expenses and couldn't possibly run out. Actually probably no...
by emlowe
Tue Feb 26, 2019 3:33 pm
Forum: Personal Investments
Topic: Cash on Side Line, need help with clarity
Replies: 29
Views: 2048

Re: Cash on Side Line, need help with clarity

OP, If you are married, you can also back-door ROTH for your spouse. And it might be worthwhile for you to check if your 401(k) allows after-tax contributions and in-plan/in-service rollovers - this is the mega-back door and allows you to put even more money into a Roth account. If you are consideri...
by emlowe
Tue Feb 26, 2019 2:38 pm
Forum: Personal Investments
Topic: bitcoin guy wants to stock market
Replies: 234
Views: 11484

Re: bitcoin guy wants to stock market

i feel like i'm getting close to pulling the trigger. i opened an account with vanguard today. one of the decisions i'm having a hard time with is CD vs bonds. the wiki suggests BND. the div yield is 2.73% but the 3.25% CD is better, i think. i don't want to make my decision by just looking at this...
by emlowe
Mon Feb 25, 2019 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 532
Views: 58655

Re: Fidelity as a one stop shop

Thanks corn18. Do you know how I link my Paypal account to the CMA? Just like any other checking account? One thing about Fidelity that I'm finding is that the website is not always intuitive. For example, it says "send money with paypal." But when I click on it, it brings me to paypal with no opti...
by emlowe
Mon Feb 25, 2019 11:01 pm
Forum: Personal Investments
Topic: General Investment/Financial Advice
Replies: 57
Views: 3718

Re: General Investment/Financial Advice

Generally, I would sell your ESPP immediately instead of holding the shares. Your employer already represents a lot of risk to you and by holding shares you are substantially increasing your risk. Well, some people like the risk, but I don't. You should sell immediately, and you can use the proceeds...
by emlowe
Mon Feb 25, 2019 7:45 pm
Forum: Personal Investments
Topic: Cash on Side Line, need help with clarity
Replies: 29
Views: 2048

Re: Cash on Side Line, need help with clarity

Note, please look at "backdoor roth" : https://www.bogleheads.org/wiki/Backdoor_Roth You should be able to put away some of your money into a Roth using this technique. As to tax free bonds, I'll suggest a couple of things. Don't ask me to calculate after-tax yield though. Vanguard: VCADX Vanguard C...
by emlowe
Mon Feb 25, 2019 7:27 pm
Forum: Personal Investments
Topic: bitcoin guy wants to stock market
Replies: 234
Views: 11484

Re: bitcoin guy wants to stock market

As a brokerage, Fidelity lets you purchase a variety of the iShares ETFs without commission. So in a taxable account, you can hold ITOT (iShares Core S&P Total U.S. Stock Market) ETF, and it is also tax-efficient and cheap (ER 0.03) I think Vanguard is the most tax efficient, but ITOT is more tax ef...
by emlowe
Mon Feb 25, 2019 3:12 pm
Forum: Personal Investments
Topic: How to invest emergency fund?
Replies: 15
Views: 1860

Re: How to invest emergency fund?

Klang makes a good comment that a money market fund may be completely acceptable to you. Easy to access, uncomplicated. Vanguard VMMXX Prime Money Market 7-day yield is 2.48%. You can get similar, although a little lower yield, at Fidelity, I think they are around ~2.2% If you want something a modes...
by emlowe
Mon Feb 25, 2019 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Gift Card, Credit Card, or Debit Card for Teen?
Replies: 12
Views: 507

Re: Gift Card, Credit Card, or Debit Card for Teen?

I vote for a debit card; most banks issue debit cards with credit functionality - you don't need the pin to make purchases but you can only spend whatever is in the bank account. You can set this up easily with Apple Pay as well. Your child will be able to make purchases with their phone or card, bu...
by emlowe
Mon Feb 25, 2019 12:14 am
Forum: Investing - Theory, News & General
Topic: I-bond alternative if withdrawn?
Replies: 11
Views: 1035

Re: I-bond alternative if withdrawn?

There are two ways to buy TIPS. One is to purchase the actual securities - you buy a 5-year TIPS. You can sell on the secondary market at Fidelity and other brokerages when you want, or you can hold to maturity. At TreasuryDirect, you do have to hold to maturity AFAIK. Selling on the secondary marke...
by emlowe
Sun Feb 24, 2019 10:15 pm
Forum: Investing - Theory, News & General
Topic: I-bond alternative if withdrawn?
Replies: 11
Views: 1035

Re: I-bond alternative if withdrawn?

In your TreasuryDirect account, you can buy 5-year TIPS but you need to wait for an auction (Apr. 11, it looks like) You can also buy 5-year TIPS in your Fidelity account, also at auction. ETFS: STIP (iShares), VTIP (Vanguard), MFs: FIPDX (Fidelity Inflation Protected Index, ER: 0.05, Duration 5.14y...
by emlowe
Sun Feb 24, 2019 12:22 am
Forum: Personal Investments
Topic: Is anything "cheap" right now?
Replies: 49
Views: 4699

Re: Is anything "cheap" right now?

I'm tilting to commodities, international stocks, and cash. A few years ago the largest flaw of the Schwab robo choices was said to be the cash allocation. I guess 2018 demonstrated there is still a place for it, or at least an environment in which cash beats stocks and bonds. I wish there was a "r...
by emlowe
Sat Feb 23, 2019 12:13 am
Forum: Personal Investments
Topic: More tax efficient place for Emergency Fund?
Replies: 25
Views: 2429

Re: More tax efficient place for Emergency Fund?

You can sell Treasuries on the secondary market at Fidelity/Vanguard/Schwab. I don't know much about it, just that it's possible. Fidelity has a nice auto-roll feature when the Treasuries mature, it auto-rolls into the next series. You could buy a shorter duration, like 13-week t-bills and have then...
by emlowe
Thu Feb 21, 2019 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Home Lab for start in IT Career
Replies: 21
Views: 1354

Re: Home Lab for start in IT Career

I concur with the cloud comments, but homelab people often join VMUG Advantage https://www.vmug.com/Join/VMUG-Advantage-Membership Of primary interest for $200/yr you get year-long eval licenses to lots of pricey Vmware solutions, like VMware vCenter Server, VMware vSphere® ESXi Enterprise Plus with...
by emlowe
Wed Feb 20, 2019 9:49 pm
Forum: Personal Investments
Topic: Cash Management
Replies: 30
Views: 3215

Re: Cash Management

I can answer for Fidelity Taxable Brokerage Account: You can sweep to either SPAXX (7-day yield 2.04) or FZFXX (7-day yield: 2.03), both are money market funds, neither are FDIC insured. The brokerage account can also be setup to automatically purchase other funds on a set schedule. SPAXX : "The Adv...
by emlowe
Wed Feb 20, 2019 7:53 pm
Forum: Personal Investments
Topic: Cash Management
Replies: 30
Views: 3215

Re: Cash Management

There is a good thread on using Fidelity: viewtopic.php?f=2&t=266538

Note, at Fidelity, although you don't have the best MM funds (compared to Vanguard), you can purchase and auto-roll T-Bills, which right now are quite attractive