Search found 80 matches

by jumbopapa
Sun Jan 26, 2020 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1321
Views: 177583

Re: Fidelity as a one stop shop

Is it possible to setup a spending limit for an authorized user on the Fidelity Rewards Visa? I'd like to add an authorized user, but prefer to not give them access to my entire credit limit.
by jumbopapa
Wed Jan 22, 2020 3:51 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1364
Views: 153935

Re: What frugal thing did you do today?

Went to see 1917 with my girlfriend and paid a total of $7.00 for tickets and a large popcorn. On Tuesdays AMC has $5 tickets and AT&T has a deal where they give you buy one get one free tickets. You can stack both of these and get tickets for a total of $7 ($5 + $2 online reservation fee.) My birth...
by jumbopapa
Fri Jan 10, 2020 7:45 am
Forum: Personal Investments
Topic: Roth IRA Rollover to Fidelity left some shares at Vanguard
Replies: 3
Views: 148

Re: Roth IRA Rollover to Fidelity left some shares at Vanguard

RickBoglehead wrote:
Fri Jan 10, 2020 7:43 am
If it doesn't happen two weeks after the dividend was paid to the account, contact Fidelity.
Thank you. It was two weeks ago this past Monday.
by jumbopapa
Fri Jan 10, 2020 7:41 am
Forum: Personal Investments
Topic: Roth IRA Rollover to Fidelity left some shares at Vanguard
Replies: 3
Views: 148

Roth IRA Rollover to Fidelity left some shares at Vanguard

I decided to join Fidelity due to the convenience of being with a "one-stop shop," so I rolled over my Roth IRA and did the option to rollover all shares. That was fairly simple, but it looks like a dividend was issued while I was still at Vanguard and that dividend remains invested at Vanguard. Has...
by jumbopapa
Mon Jan 06, 2020 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Best Credit Card with $0 annual fee?
Replies: 48
Views: 4998

Re: Best Credit Card with $0 annual fee?

Up to your credit limit. I have a BJ's Perks card from Comenity. I only applied for it because the CS person at BJ's was very nice when I signed up for my membership and and I figured she got something if I signed up (had I thought it through, I would not have done it, but as you will see i'm happy...
by jumbopapa
Sun Jan 05, 2020 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1321
Views: 177583

Re: Fidelity as a one stop shop

Then your direct deposit will go into the FDIC bank deposit account (core for CMA). You can then (manually) trade those funds inside the CMA to buy SPAXX (or another MM fund) inside the CMA account, and that money will still be available for Bill Pay/ATM/etc... Or you can transfer the money to your...
by jumbopapa
Fri Dec 27, 2019 8:07 am
Forum: Personal Consumer Issues
Topic: Best holiday gift you gave this year
Replies: 40
Views: 3100

Re: Best holiday gift you gave this year

For my oldest, his favorite was a set of textbooks - "The Art of Computer Programming" by Donald Knuth. For my younger son, his favorite was a 240hz monitor. The seminal computer science text. Bill Gates said this of it: "If you think you're a really good programmer... read (Knuth's) Art of Compute...
by jumbopapa
Mon Dec 23, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1321
Views: 177583

Re: Fidelity as a one stop shop

Applied for the Fidelity Visa and I was pleasantly surprised that they approved me with a $20k limit. I'm in my early 20s, have a modest portfolio, and decent income, but it seemed like a fairly high limit. I used to open a bunch of credit cards and care which card had the highest amount of reward p...
by jumbopapa
Fri Dec 20, 2019 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1321
Views: 177583

Re: Fidelity as a one stop shop

Is there any concern with keeping money in the Fidelity money market funds that lack FDIC insurance? I believe SIPC is an equivalent substitute.
by jumbopapa
Wed Dec 11, 2019 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1321
Views: 177583

Re: Fidelity as a one stop shop

BogleMelon wrote:
Wed Dec 11, 2019 3:01 pm
Yes, they would. And yes, I meant that. Example:
https://i.postimg.cc/ZqjT3bRW/fd.jpg
Thank you!
by jumbopapa
Wed Dec 11, 2019 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1321
Views: 177583

Re: Fidelity as a one stop shop

What is the best way to handle transferring a Roth IRA from Vanguard in terms of exchanging the funds? I want to minimize my time out of the market. Here are my three ideas: - Convert VTSAX (my only holding) to VTI, transfer in kind, sell, buy FZROX (this should only take a single day) - Transfer V...
by jumbopapa
Wed Dec 11, 2019 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1321
Views: 177583

Re: Fidelity as a one stop shop

There will probably be a transaction fee for the swap... I don't think Vanguard mutual funds are zero-transaction-fee at Fidelity. --vtMaps I have done that before, around the beginning of this year, it was zero fees to sell Vanguard. I talked to a Fido rep. They told me it was free to sell Vanguar...
by jumbopapa
Wed Dec 11, 2019 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1321
Views: 177583

Re: Fidelity as a one stop shop

What is the best way to handle transferring a Roth IRA from Vanguard in terms of exchanging the funds? I want to minimize my time out of the market. Here are my three ideas: - Convert VTSAX (my only holding) to VTI, transfer in kind, sell, buy FZROX (this should only take a single day) - Transfer VT...
by jumbopapa
Sun Dec 08, 2019 2:23 pm
Forum: Personal Consumer Issues
Topic: Mounting a tv over the fireplace
Replies: 54
Views: 3117

Re: Mounting a tv over the fireplace

In general, it is an uncomfortable viewing angle to have it over the fireplace. However, the mantle mount [1] allows you to hang the tv about the fireplace and pull it down to a more comfortable viewing angle.

[1] - https://www.mantelmount.com/
by jumbopapa
Fri Dec 06, 2019 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Moved states and both are claiming that I owe personal property tax for my vehicle.
Replies: 29
Views: 1737

Re: Moved states and both are claiming that I owe personal property tax for my vehicle.

Nor does Texas or many other states. Ohio has plenty of not good taxes on income and property, which I personally find not to my benefit. It also has this white stuff that falls from the sky! I've heard Texas has very high property taxes though, do you think it's still a significant tax savings to ...
by jumbopapa
Fri Dec 06, 2019 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Moved states and both are claiming that I owe personal property tax for my vehicle.
Replies: 29
Views: 1737

Re: Moved states and both are claiming that I owe personal property tax for my vehicle.

I wonder what would happen if you bought a car on Jan 1, itself... In any case, it's a good reason for folks who live in Missouri (and any other states who do things the same way), to avoid buying cars right at the end of the year, if feasible. No tax is due for the calendar year if purchased after...
by jumbopapa
Fri Dec 06, 2019 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Moved states and both are claiming that I owe personal property tax for my vehicle.
Replies: 29
Views: 1737

Re: Moved states and both are claiming that I owe personal property tax for my vehicle.

Come to Ohio. We don't have a personal property tax. My auto registration cost is $59.50 per year and does not depend on the value of the car. That cost includes the registrar's fee and the extra county tax. It's certainly a state I've looked at. I've seen some fairly high paying software engineeri...
by jumbopapa
Fri Dec 06, 2019 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Moved states and both are claiming that I owe personal property tax for my vehicle.
Replies: 29
Views: 1737

Re: Moved states and both are claiming that I owe personal property tax for my vehicle.

Your actually paying property tax in Missouri for a car you owned in 2018. If you had purchased it AFTER January 1st of 2019 it wouldn't even have been on the 2019 property tax bill. For example we bought the wife's vehicle in February 2015 but it only went on the property tax bill for 2016. This i...
by jumbopapa
Fri Dec 06, 2019 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Moved states and both are claiming that I owe personal property tax for my vehicle.
Replies: 29
Views: 1737

Re: Moved states and both are claiming that I owe personal property tax for my vehicle.

Found this [1], so looks like I don't really have an option other than not to pay. That likely effects my parents seeing that it was originally on their tax assessment. Looks like I'll be paying double this year. I am no longer a Missouri resident. Do I still owe this tax bill? Yes. Under state law,...
by jumbopapa
Fri Dec 06, 2019 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Moved states and both are claiming that I owe personal property tax for my vehicle.
Replies: 29
Views: 1737

Re: Moved states and both are claiming that I owe personal property tax for my vehicle.

In NC, the property tax bill is due at the time of registration for the following 12 months. If I sell the car with 4 months left on the registration, I can apply to receive my 4 months taxes back (and have done so successfully). Seemed pretty straight forward here - not sure about your state speci...
by jumbopapa
Fri Dec 06, 2019 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Moved states and both are claiming that I owe personal property tax for my vehicle.
Replies: 29
Views: 1737

Moved states and both are claiming that I owe personal property tax for my vehicle.

I moved from Missouri to Kansas at the beginning of this year. I registered my vehicle in Kansas in March and Kansas collects property tax at registration, which I paid for the year. My mother recently received our tax bill in Missouri and my car was still listed, we got off the phone with the count...
by jumbopapa
Fri Dec 06, 2019 11:11 am
Forum: Personal Consumer Issues
Topic: Eyeglasses: Warby Parker or Costco?
Replies: 33
Views: 3182

Re: Eyeglasses: Warby Parker or Costco?

I would checkout Zenni Optical online. You can get complete lens/frame for less than $50.
by jumbopapa
Fri Dec 06, 2019 7:49 am
Forum: Personal Investments
Topic: When does the power of compounding interest really kick in?
Replies: 67
Views: 9688

Re: When does the power of compounding interest really kick in?

I've heard it said that "300k is halfway to a million" - in terms of the time it will take. You're well on your way.
by jumbopapa
Thu Dec 05, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1321
Views: 177583

Re: Fidelity as a one stop shop

Fidelity has some fine very low cost index bond fund options: Fidelity® U.S. Bond Index Fund -ER: 0.025% Fidelity® Short-Term Bond Index Fund -ER: 0.03% Fidelity® International Bond Index Fund -ER: 0.06% ... and more... Granted Fidelity's money market funds are a little more expensive, but they als...
by jumbopapa
Thu Dec 05, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1321
Views: 177583

Re: Fidelity as a one stop shop

I'm comparing different funds at Vanguard vs. Fidelity and it seems that the only funds that are cheaper than their counterparts at Vanguard are the zero fee funds. What about things like total bond funds? VBMFX has an ER of .15% and FTBFX has an ER of .45% - these are equivalent funds, right? Addi...
by jumbopapa
Thu Dec 05, 2019 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1321
Views: 177583

Re: Fidelity as a one stop shop

I'm comparing different funds at Vanguard vs. Fidelity and it seems that the only funds that are cheaper than their counterparts at Vanguard are the zero fee funds. What about things like total bond funds? VBMFX has an ER of .15% and FTBFX has an ER of .45% - these are equivalent funds, right? Addit...
by jumbopapa
Wed Dec 04, 2019 8:42 pm
Forum: Personal Investments
Topic: The Best High Yield Savings Account
Replies: 46
Views: 5312

Re: The Best High Yield Savings Account

Ally has a limit of 6 transactions per cycle. Between direct deposits and credit card payments, my wife and I would be way over that limit. Am I interpreting this correctly? How do you Ally users deal with this limit? i believe that limit is per account and withdrawals, not deposits are what count....
by jumbopapa
Wed Dec 04, 2019 4:01 pm
Forum: Personal Investments
Topic: The Best High Yield Savings Account
Replies: 46
Views: 5312

Re: The Best High Yield Savings Account

I'm going for simplicity. I'm transitioning to using Fidelity for all banking purposes (other than credit cards). It's easy to just have it all in one pot and I don't have to worry about updating DD to go to one account or another. You still get a competitive rate.
by jumbopapa
Wed Dec 04, 2019 1:56 pm
Forum: Personal Investments
Topic: Is it possible to use ESPP earning to contribute to 401k?
Replies: 6
Views: 302

Re: Is it possible to use ESPP earning to contribute to 401k?

Contributing max to ESPP, selling it immediately when shares get deposited and buying a low cost index fund like Total Market would surely work out really well for you in taxable accounts. I wish I did this when I started working but then again it too really long time to follow the order of investm...
by jumbopapa
Wed Dec 04, 2019 12:37 pm
Forum: Personal Investments
Topic: Is it possible to use ESPP earning to contribute to 401k?
Replies: 6
Views: 302

Is it possible to use ESPP earning to contribute to 401k?

Hello, I am relatively new to the workforce after graduating college. My first time participating in my companies ESPP is coming to a close. I have been contributing 10% of my salary (the max allowed) and am planning on selling the stock as soon as it is issued. I was planning on just investing the ...
by jumbopapa
Sun Nov 24, 2019 1:18 pm
Forum: Investing - Theory, News & General
Topic: How high can the S&P go? Is there a limit?
Replies: 40
Views: 5380

Re: How high can the S&P go? Is there a limit?

The SPX reached a low of 683 on 3/6/2009. At it's current level of 3110 it's a 355% increase... which is impressive but it pales compared to the bull from 1987-2000. The 87-00 bull market resulted in a 587% increase so the SPX would've had to be at 4009 to be equivalent. Can it go that high? Why no...
by jumbopapa
Tue Nov 12, 2019 10:06 am
Forum: Personal Finance (Not Investing)
Topic: HSA and credit card cash back rewards
Replies: 8
Views: 627

Re: HSA and credit card cash back rewards

Hi Everyone, I have a question regarding HSAs. I see that Fidelity offers a 2% cash back credit card and also provides HSA accounts. Can the reward go into a pre-existing HSA even if I don't have an eligible health plan this year? No, you are not allowed to contribute if you do not have a HDHP.
by jumbopapa
Mon Nov 11, 2019 6:18 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4218
Views: 1217994

Re: What Book Are You Currently Reading? Part VI

Reading The Snowball: Warren Buffett and the Business of Life by Alice Schroeder. This year will be my first attending the Berkshire Hathaway Annual Shareholder's meeting, and I wanted to expand my knowledge about Buffett before going. It's entertaining so far and really urges me to stay motivated i...
by jumbopapa
Mon Nov 11, 2019 6:10 pm
Forum: Personal Consumer Issues
Topic: Is LastPass still top in security, any reason to switch?
Replies: 47
Views: 5505

Re: Is LastPass still top in security, any reason to switch?

I switched to BitWarden and have been very happy. They are open source and had a third-party security audit at the end of last year-- https://blog.bitwarden.com/bitwarden-completes-third-party-security-audit-c1cc81b6d33. This is my recommendation. Bitwarden has worked perfectly, but importing from ...
by jumbopapa
Mon Nov 11, 2019 5:24 pm
Forum: Personal Consumer Issues
Topic: Mobile finance apps - do you use them?
Replies: 22
Views: 1236

Re: Mobile finance apps - do you use them?

In general I try to curb my smartphone use, so I only have the Fidelity application. I use their CMA, so it allows me to deposit checks and keep tabs on balances. I don't do any actual trading on the mobile app.
by jumbopapa
Sat Nov 09, 2019 6:15 pm
Forum: Personal Consumer Issues
Topic: Best secure email to use instead of gmail?
Replies: 70
Views: 10556

Re: Best secure email to use instead of gmail?

I am using Fastmail and it works perfectly. They are committed to not selling my information, so there is much more peace of mind than when using Google services. It additionally includes calendar, file storage, and notes. All of this has been great because it has further decoupled me from Google. I...
by jumbopapa
Sat Nov 09, 2019 10:02 am
Forum: Personal Investments
Topic: Simplest way to rollover a Rollover IRA into an Employer 401k
Replies: 8
Views: 307

Re: Simplest way to rollover a Rollover IRA into an Employer 401k

n00b wrote:
Sat Nov 09, 2019 9:57 am
I do not understand why a person would prefer to hold funds in a 401k rather than a Traditional IRA. Can anyone enlighten me on the advantage?
The typical reason is that to optimally complete a backdoor Roth IRA you need a traditional IRA with $0 balance.
by jumbopapa
Sat Nov 09, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Uber VISA rewards cut
Replies: 74
Views: 8144

Re: Uber VISA rewards cut

Went ahead and cancelled mine. I redeemed cash back recently and needed to spend >$500 before it changed in February to claim rewards again. I didn't want to take that gamble on a card I use exclusively for dining out. I will be using the Costco Visa primarily now.
by jumbopapa
Fri Nov 08, 2019 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1321
Views: 177583

Re: Fidelity as a one stop shop

I went throught the same thought process about a year ago...I was reluctant to sever all ties with Vanguard because I feel a sense of loyalty for everything John Bogle and Vanguard have done over the years to help the average investor and push the industry to lower costs, I know that if it were not...
by jumbopapa
Fri Nov 08, 2019 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1321
Views: 177583

Re: Fidelity as a one stop shop

I have just opened the CMA and brokerage with Fidelity. My IRA is still at Vanguard and I'm on the fence about transferring it to Fidelity where it would decrease the the fees by 4 basis points. It would make my life easier, but I like Vanguard as a company and I don't want to sever all ties with th...
by jumbopapa
Tue Oct 29, 2019 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Uber VISA rewards cut
Replies: 74
Views: 8144

Re: Uber VISA rewards cut

Wow, what garbage. I won't hit the 2500 points needed for a gift card, so it's now sock drawered. Same here. I need to spend $528.75 on dining by the time the card switches and I'm not sure if I will do that by February. I thought about calling customer service and asking if they can trigger cash b...
by jumbopapa
Wed Oct 16, 2019 8:02 am
Forum: Personal Investments
Topic: Vanguard Money Markets 101
Replies: 9
Views: 1276

Re: Vanguard Money Markets 101

What would be best for me? I am in Kansas and looking to park around $20k. Here is our tax information: taxable income not over $30,000: 3.1 % (K.S.A. 79-32,110) taxable income over $30,000 but not over $60,000: $930 plus 5.25 % of excess over $30,000 (K.S.A. 79-32,110) taxable income over $60,000: ...
by jumbopapa
Thu Oct 10, 2019 1:05 pm
Forum: Investing - Theory, News & General
Topic: If Charles Schwab et al. drop commissions to zero, can we build our own index funds?
Replies: 68
Views: 7972

Re: If Charles Schwab et al. drop commissions to zero, can we build our own index funds?

Would you have to buy full shares to do this? I assume so. What would be the minimum to get this started? You'd have to find the highest share price/s&p ratio and continually balance around that until you represented the full index? I would guess that means you start with BRK.B. Edit: Not BRK.B - I ...
by jumbopapa
Sun Sep 08, 2019 7:33 am
Forum: Personal Consumer Issues
Topic: Best college towns in the Southeastern US for retirees?
Replies: 80
Views: 9206

Re: Best college towns in the Southeastern US for retirees?

No one has mentioned it, but Columbia, MO is great. It's techincally part of the Midwest, but they are a member of the SEC. The town had a lot of interesting events to offer, its clean, has a thriving downtown, and I loved my time going to school there.
by jumbopapa
Thu May 16, 2019 10:00 am
Forum: Personal Consumer Issues
Topic: Vanguard Beacon Beta Test
Replies: 4
Views: 919

Re: Vanguard Beacon Beta Test

I have no interest in accessing my Vanguard account from any mobile device. But perhaps this is a requirement of the younger generation. I prefer using the website myself, but in some situations I do like to be able to quickly check my account on my phone. I'll get an email about a transaction or s...
by jumbopapa
Thu May 16, 2019 9:46 am
Forum: Personal Consumer Issues
Topic: Vanguard Beacon Beta Test
Replies: 4
Views: 919

Vanguard Beacon Beta Test

Today I got the email to download the new Vanguard beta for Android. The feature set is basically limited to logging in and viewing your account balances right now, but it's a step in the right direction compared to their abysmal old app. Features they have on the timeline to implement: - Asset Mix ...
by jumbopapa
Wed May 08, 2019 8:02 am
Forum: Personal Consumer Issues
Topic: New smartphone recommendations
Replies: 20
Views: 2184

Re: New smartphone recommendations

New Pixel 3a seems like a solid deal. There's various deals to get $100 gift cars / credit with it
by jumbopapa
Tue May 07, 2019 7:07 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5067
Views: 1301385

Re: What Movie Have You Recently Watched?

Extremely Wicked, Shockingly Evil and VIle. It covers the courtroom hearings and escapes of Ted Bundy. Zac Efron did a pretty good job of portraying him. It wasn't quite what I expected, but for a Netflix movie it was pretty good.
by jumbopapa
Sun Apr 21, 2019 11:38 am
Forum: Personal Finance (Not Investing)
Topic: How to get USAA insurance?
Replies: 20
Views: 2637

Re: How to get USAA insurance?

Any reason in particular you want USAA for insurance? I just was shopping around for the first time after leaving my parent's plan and USAA was ~40% more expensive than a policy with identical coverage with Geico. YMMV, but with all the insurance I've quoted through USAA (Renter's and Auto) they hav...
by jumbopapa
Wed Feb 06, 2019 8:04 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1364
Views: 153935

Re: What frugal thing did you do today?

I've started taking my after workout shower at the gym instead of waiting until I get home. It saves me time because I don't take as long of a shower at the gym and it saves me money because I'm using less water at home! It's a win-win.