Search found 296 matches

by index2max
Thu Aug 13, 2020 9:24 pm
Forum: Personal Investments
Topic: Best financial gift to give a newborn child
Replies: 10
Views: 657

Best financial gift to give a newborn child

Hi all, For those who have a newborn child, what's the best financial gift one can give them that will pay off in the future. My grandfather bought an adjustible complife plan (a whole-life insurance plan that's a mixture of term ($90,000), plus an invested portion that's grown over the years) from ...
by index2max
Tue Aug 11, 2020 12:12 am
Forum: Investing - Theory, News & General
Topic: Gold - Price over Spot
Replies: 18
Views: 1553

Re: Gold - Price over Spot

FYI, gold ETfs that simply hold physical gold make no sense to buy. They pay their expenses by selling off part of their gold, resulting in capital gains for fund holders. https://www.sovereignman.com/investing/heres-every-reason-to-avoid-buying-a-gold-etf-25548/ Better to just own physical gold yo...
by index2max
Wed Aug 05, 2020 3:23 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Group sells largest US Private Placement deal in history
Replies: 29
Views: 3405

Re: Vanguard Group sells largest US Private Placement deal in history

Too bad us average joes couldn’t get in on this! You can achieve interest rates of 3% or more at credit unions that offer high-interest rewards checking accounts. I look for ones that require a set number of transactions that have no minimum amounts (e.g. "complete 10 debit card purchases per month...
by index2max
Wed Aug 05, 2020 3:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Group sells largest US Private Placement deal in history
Replies: 29
Views: 3405

Re: Vanguard Group sells largest US Private Placement deal in history

Too bad us average joes couldn’t get in on this! You can achieve interest rates of 3% or more at credit unions that offer high-interest rewards checking accounts. I look for ones that require a set number of transactions that have no minimum amounts (e.g. "complete 10 debit card purchases per month...
by index2max
Wed Aug 05, 2020 1:53 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Group sells largest US Private Placement deal in history
Replies: 29
Views: 3405

Re: Vanguard Group sells largest US Private Placement deal in history

Too bad us average joes couldn’t get in on this! You can achieve interest rates of 3% or more at credit unions that offer high-interest rewards checking accounts. I look for ones that require a set number of transactions that have no minimum amounts (e.g. "complete 10 debit card purchases per month...
by index2max
Wed Aug 05, 2020 1:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Group sells largest US Private Placement deal in history
Replies: 29
Views: 3405

Re: Vanguard Group sells largest US Private Placement deal in history

Too bad us average joes couldn’t get in on this! You can achieve interest rates of 3% or more at credit unions that offer high-interest rewards checking accounts. I look for ones that require a set number of transactions that have no minimum amounts (e.g. "complete 10 debit card purchases per month...
by index2max
Wed Jul 29, 2020 1:43 pm
Forum: Personal Investments
Topic: What is your game plan as market is reaching its previous all time high?
Replies: 135
Views: 12998

Re: What is your game plan as market is reaching its previous all time high?

Are you all not concerned by the fact that bonds are yielding close to nothing these days? They don't have to pay interest. Government seems to be financing debt with inflation. Frustrating for us savers here Expected inflation would increase bond yields, not decrease them. A bond yielding 2% when ...
by index2max
Mon Jul 27, 2020 10:48 pm
Forum: Personal Investments
Topic: What is your game plan as market is reaching its previous all time high?
Replies: 135
Views: 12998

Re: What is your game plan as market is reaching its previous all time high?

bostonboglehead123 wrote:
Mon Jul 27, 2020 8:40 pm
Are you all not concerned by the fact that bonds are yielding close to nothing these days?
They don't have to pay interest. Government seems to be financing debt with inflation. Frustrating for us savers here
by index2max
Sat Jul 25, 2020 10:21 am
Forum: Personal Investments
Topic: What is your game plan as market is reaching its previous all time high?
Replies: 135
Views: 12998

Re: What is your game plan as market is reaching its previous all time high?

Aside from making regular contributions to the 401(k), I have been hunting down credit unions that pay at least 3% interest on deposits with high-interest rewards checking accounts by meeting their transaction requirements. I use depositaccounts.com and filter to credit unions only. Credit unions d...
by index2max
Fri Jul 24, 2020 9:42 pm
Forum: Personal Investments
Topic: What is your game plan as market is reaching its previous all time high?
Replies: 135
Views: 12998

Re: What is your game plan as market is reaching its previous all time high?

Aside from making regular contributions to the 401(k), I have been hunting down credit unions that pay at least 3% interest on deposits with high-interest rewards checking accounts by meeting their transaction requirements. I use depositaccounts.com and filter to credit unions only. Credit unions do...
by index2max
Mon Jul 20, 2020 10:37 am
Forum: Investing - Theory, News & General
Topic: [Vanguard partners with Infosys for Defined Contribution recordkeeping]
Replies: 260
Views: 16190

Re: “Vanguard crew and fans wary of Infosys outsourcing as company adds Malvern center”

.. are generally afraid to do anything outside of the box for fear of upsetting their manager. They won’t do anything outside of their typical script. What I like about American call center staff is that they are not afraid to use their heads, apply common sense and think outside of the box. Like i...
by index2max
Mon Jul 20, 2020 10:32 am
Forum: Investing - Theory, News & General
Topic: [Vanguard partners with Infosys for Defined Contribution recordkeeping]
Replies: 260
Views: 16190

Re: “Vanguard crew and fans wary of Infosys outsourcing as company adds Malvern center”

But many more Bogleheads don't even care about it. I didn’t go through and count post by post, but it seems that more than half of the comments in the long thread about the announcement were opposed to this outsourcing move by Vanguard. Like the article states, one of Jack boggles original visions ...
by index2max
Mon Jul 20, 2020 10:25 am
Forum: Investing - Theory, News & General
Topic: [Vanguard partners with Infosys for Defined Contribution recordkeeping]
Replies: 260
Views: 16190

“Vanguard crew and fans wary of Infosys outsourcing as company adds Malvern center”

[Thread merged into here, see below. --admin LadyGeek] Like many Indian outsourcing IT companies, Infosys uses existing American IT staff to train Indian visa worker replacement (often on an H-1B visa). Once that initial Indian worker understands how things are done, they are transferred back to In...
by index2max
Wed Jul 15, 2020 9:27 pm
Forum: Investing - Theory, News & General
Topic: When does Vanguard schedule proxy votes for board of directors etc.?
Replies: 10
Views: 530

Re: When does Vanguard schedule proxy votes for board of directors etc.?

Sigh, maybe I'll have to consider voting with my feet and moving my money elsewhere if there's no way for fund shareholders to propose changes to Vanguard's corporate governance. They seem to preach the democratic nature of their company, but when you start asking simple questions, everything become...
by index2max
Wed Jul 15, 2020 8:44 pm
Forum: Investing - Theory, News & General
Topic: When does Vanguard schedule proxy votes for board of directors etc.?
Replies: 10
Views: 530

Re: When does Vanguard schedule proxy votes for board of directors etc.?

Vanguard is not a mutual. So many of your questions are off base. You get to vote at the fund level. These are infrequent. Ok, right Vanguard is owned by the funds it operates, which themselves are owned by shareholders. So for Fund A, suppose I have $100 invested in a fund that has $1000 invested ...
by index2max
Wed Jul 15, 2020 7:07 pm
Forum: Investing - Theory, News & General
Topic: When does Vanguard schedule proxy votes for board of directors etc.?
Replies: 10
Views: 530

When does Vanguard schedule proxy votes for board of directors etc.?

Mutual insurance companies like Northwestern Mutual hold proxy votes for their trustees every year or so. Since Vanguard is a mutual company too, how often do they schedule shareholder votes? How many votes does each client get? What items do clients typically get to vote on aside from director posi...
by index2max
Wed Jul 15, 2020 1:23 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard partners with Infosys for Defined Contribution recordkeeping]
Replies: 260
Views: 16190

Re: Vanguard outsourcing 1300 IT jobs to Infosys. Vanguard clients can send feedback using the message portal

I work as an engineer myself and outsourcing has really decimated american jobs. If this trend continues, how many Americans would have any savings left over to invest with? Your claim is factually inaccurate. Eg just before the COVID recession, unemployment was lowest it has been in decades. I do ...
by index2max
Wed Jul 15, 2020 1:05 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard partners with Infosys for Defined Contribution recordkeeping]
Replies: 260
Views: 16190

Vanguard outsourcing 1300 IT jobs to Infosys. Vanguard clients can send feedback using the message portal

Jack Bogle has only been dead for one and a half years and now management of Vanguard is picking apart the bones of the company by outsourcing 1300 IT employees in the institutional investment department to an Indian workforce. See archived link to article by the Philadelphia Inquirer. http://archiv...
by index2max
Mon Jul 06, 2020 3:40 pm
Forum: Personal Consumer Issues
Topic: Passport Renewal
Replies: 21
Views: 2810

Re: Passport Renewal

I haven't seen this topic addressed--so interested in others feedback. I sent my passport renewal in early Feb 2020. The State Department website reflected that they received my application and passport 2-18-20. I felt good. General 4-6 weeks for processing. Then Rona hit. Mid-Rona, the website sti...
by index2max
Sun Jul 05, 2020 11:54 pm
Forum: Personal Consumer Issues
Topic: Where can I find a simple, lightweight changing table that's made in USA/Canada/Europe/Japan/Australia or New Zealand?
Replies: 17
Views: 1174

Re: Where can I find a simple, lightweight changing table that's made in USA/Canada/Europe/Japan/Australia or New Zealan

I don't have a specific brand to suggest but there are a number of companies that sell Amish made furniture, but it will be high end stuff that will be expensive. You might also be able to find a woodworker near you to make one to your specifications but it would also be expensive. Hmm, Amish-made ...
by index2max
Sun Jul 05, 2020 11:18 pm
Forum: Personal Consumer Issues
Topic: Where can I find a simple, lightweight changing table that's made in USA/Canada/Europe/Japan/Australia or New Zealand?
Replies: 17
Views: 1174

Re: Where can I find a simple, lightweight changing table that's made in USA/Canada/Europe/Japan/Australia or New Zealan

Make your own! This looks like a great project for beginners. https://ana-white.com/woodworking-projects/simple-changing-table Yes! That would be cool! Unfortunately I do not live in a house with extra space for woodworking tools, nor do I have any available nearby. I need to buy something prebuilt...
by index2max
Sun Jul 05, 2020 10:18 pm
Forum: Personal Consumer Issues
Topic: Where can I find a simple, lightweight changing table that's made in USA/Canada/Europe/Japan/Australia or New Zealand?
Replies: 17
Views: 1174

Where can I find a simple, lightweight changing table that's made in USA/Canada/Europe/Japan/Australia or New Zealand?

Hello all, I am looking for a simple wooden diaper changing table like this one, but NOT made in China. https://www.wayfair.com/baby-kids/pdp/child-craft-camden-changing-table-qh1322.html?piid=16774262 Does anyone have any recommendations? Search engines didn't bring up any lists of companies that m...
by index2max
Wed Jul 01, 2020 10:13 pm
Forum: Investing - Theory, News & General
Topic: Can unusued reimbursement requests from old HSA transfer to new HSA?
Replies: 10
Views: 686

Re: Can unusued reimbursement requests from old HSA transfer to new HSA?

Thanks for all your answers. Guess I’ll need to talk to my tax accountant and have him look into whether I can transfer unused reimbursements from one HSA to another while both are active? Just checking: are these HSAs or FSAs? The phrase "transfer unused reimbursement" is unusual. I'm talking abou...
by index2max
Tue Jun 30, 2020 9:08 am
Forum: Investing - Theory, News & General
Topic: Can unusued reimbursement requests from old HSA transfer to new HSA?
Replies: 10
Views: 686

Re: Can unusued reimbursement requests from old HSA transfer to new HSA?

Thanks for all your answers.

Guess I’ll need to talk to my tax accountant and have him look into whether I can transfer unused reimbursements from one HSA to another while both are active?
by index2max
Mon Jun 29, 2020 6:48 pm
Forum: Investing - Theory, News & General
Topic: Can unusued reimbursement requests from old HSA transfer to new HSA?
Replies: 10
Views: 686

Can unusued reimbursement requests from old HSA transfer to new HSA?

Hi all, Here's a scenario I wanted to learn more about: I am on a high deductible health plan with a health savings account (HSA) through my employer. I have enough money stored up in my emergency account to pay for my medical expenses out of pocket. My HSA requires me to keep a base balance of $100...
by index2max
Mon Jun 29, 2020 5:16 pm
Forum: Personal Investments
Topic: High interest savings account
Replies: 28
Views: 3618

Re: High interest savings account

Screw the banks. Switch to a credit union. They have no outside shareholders to pay and they owe no corporate taxes. I've been pretty happy with my high-interest rewards checking accounts at several different credit unions that pay over 2% annually, even after meeting their monthly transaction requ...
by index2max
Thu Jun 25, 2020 8:58 pm
Forum: Personal Investments
Topic: High interest savings account
Replies: 28
Views: 3618

Re: High interest savings account

Screw the banks. Switch to a credit union. They have no outside shareholders to pay and they owe no corporate taxes. I've been pretty happy with my high-interest rewards checking accounts at several different credit unions that pay over 2% annually, even after meeting their monthly transaction requi...
by index2max
Sat Jun 20, 2020 7:43 pm
Forum: Personal Consumer Issues
Topic: Lexus Key Fob Issue
Replies: 42
Views: 1885

Re: Lexus Key Fob Issue

Keyless fobs are risky because the battery will run out eventually. If you buy a generic key fob and want it programmed for your car, the dealership will charge an arm and a leg for it. Plus they avoid giving out the codes to independent mechanics. Personally I think sticking with the regular mecha...
by index2max
Sat Jun 20, 2020 7:37 pm
Forum: Personal Consumer Issues
Topic: Lexus Key Fob Issue
Replies: 42
Views: 1885

Re: Lexus Key Fob Issue

Keyless fobs are risky because the battery will run out eventually. If you buy a generic key fob and want it programmed for your car, the dealership will charge an arm and a leg for it. Plus they avoid giving out the codes to independent mechanics. Personally I think sticking with the regular mecha...
by index2max
Sat Jun 20, 2020 7:31 pm
Forum: Personal Consumer Issues
Topic: Where can I buy a car seat NOT made in China?
Replies: 30
Views: 2309

Re: Where can I buy a car seat NOT made in China?

You saw the title of the post. Are you just looking for an argument? Huh? Why so defensive? This is a legitimate question and I was wondering the same thing. Should I be avoiding car seats made in China also? Is there a safety issue you can share with the rest of us? What country do you want your c...
by index2max
Sat Jun 20, 2020 7:21 pm
Forum: Personal Consumer Issues
Topic: Lexus Key Fob Issue
Replies: 42
Views: 1885

Re: Lexus Key Fob Issue

Keyless fobs are risky because the battery will run out eventually. If you buy a generic key fob and want it programmed for your car, the dealership will charge an arm and a leg for it. Plus they avoid giving out the codes to independent mechanics. Personally I think sticking with the regular mechan...
by index2max
Sat Jun 20, 2020 7:19 pm
Forum: Personal Consumer Issues
Topic: Where can I buy a car seat NOT made in China?
Replies: 30
Views: 2309

Re: Where can I buy a car seat NOT made in China?

You saw the title of the post. Are you just looking for an argument? Huh? Why so defensive? This is a legitimate question and I was wondering the same thing. Should I be avoiding car seats made in China also? Is there a safety issue you can share with the rest of us? What country do you want your c...
by index2max
Sat Jun 20, 2020 7:12 pm
Forum: Personal Consumer Issues
Topic: What kind of sunglasses?
Replies: 107
Views: 6485

Re: What kind of sunglasses?

Ray-Ban is likely a solid choice. https://www.ray-ban.com/usa/sunglasses/view-all/plp Not all Ray-bans are made in Italy. Lots of their products are made in China. Plus the parent company, Luxottica, has a near-monopoly on the glasses market and overcharge by crazy amounts to consumers. Thankfully ...
by index2max
Sat Jun 20, 2020 7:09 pm
Forum: Personal Consumer Issues
Topic: Where can I buy a car seat NOT made in China?
Replies: 30
Views: 2309

Re: Where can I buy a car seat NOT made in China?

Is there something wrong with car seats made in China? You saw the title of the post. Are you just looking for an argument? Huh? Why so defensive? This is a legitimate question and I was wondering the same thing. Should I be avoiding car seats made in China also? Is there a safety issue you can sha...
by index2max
Sat Jun 20, 2020 5:50 pm
Forum: Personal Consumer Issues
Topic: Where can I buy a car seat NOT made in China?
Replies: 30
Views: 2309

Re: Where can I buy a car seat NOT made in China?

Yes, determining exactly where all the materials come from can be difficult. In my experience, the larger the company, the harder it is for them to specify exactly where all materials incorporated into their final product come from. "Made in USA" doesn't seem to mean much anymore. Britax says "Made...
by index2max
Sat Jun 20, 2020 9:22 am
Forum: Personal Consumer Issues
Topic: Where can I buy a car seat NOT made in China?
Replies: 30
Views: 2309

Re: Where can I buy a car seat NOT made in China?

1. I don't use Goolag. I use duckduckgo for now. Yacy probably down the line. A quick google search of "car seats made in usa" shows several options made in the US on the first hit dated May 2020. Tried the same with duckduckgo (wasn't aware this search engine was still around) and got nothing usef...
by index2max
Fri Jun 19, 2020 10:07 pm
Forum: Personal Consumer Issues
Topic: Anybody moved out of State recently.
Replies: 27
Views: 2499

Re: Anybody moved out of State recently.

I wrote down each credit union, investment etc. account that will follow me where I move. Did not bother to file a change of address with the US Postal Service, it will just subject you to more junk mail ("Hello New Neighbor! Buy a mattress at our store!") Only drawback is you might forget one or tw...
by index2max
Fri Jun 19, 2020 9:58 pm
Forum: Personal Consumer Issues
Topic: Where can I buy a car seat NOT made in China?
Replies: 30
Views: 2309

Re: Where can I buy a car seat NOT made in China?

Britax I believe makes everything for the north american market in south carolina I called Britax and asked about this. The phone rep told me that they do have the factory in South Carolina where the car seats are assembled, but various plastic parts that make up the final product are made elsewher...
by index2max
Fri Jun 19, 2020 8:23 pm
Forum: Personal Consumer Issues
Topic: Where can I buy a car seat NOT made in China?
Replies: 30
Views: 2309

Re: Where can I buy a car seat NOT made in China?

Google is your friend https://carseatblog.com/38804/carseats-made-in-the-usa-2016/ EDIT... ThankYouJack beat me by seconds LOL :sharebeer 1. I don't use Goolag. I use duckduckgo for now. Yacy probably down the line. 2. There's a lot of junk or outdated results on various websites making lists of pr...
by index2max
Fri Jun 19, 2020 8:02 pm
Forum: Personal Consumer Issues
Topic: Where can I buy a car seat NOT made in China?
Replies: 30
Views: 2309

Where can I buy a car seat NOT made in China?

Hi all,

Looking to buy an infant car seat. From what I saw at stores such as buy buy baby, the only car seat available there, which wasn't made in China, is one made by the Canadian company, Clek. They make theirs in Canada.

Any other options out there?

Thanks
by index2max
Fri Jun 19, 2020 7:36 pm
Forum: Personal Investments
Topic: Clueless college new grad 22 yo, 200k income looking to start saving
Replies: 159
Views: 22148

Re: Clueless college new grad 22 yo, 200k income looking to start saving

OP I am also under 30. Here's some general advice I can offer as a Boglehead and from what I've read from Jack Bogle (highly suggest reading his book Common Sense on Mutual Funds, if you have time. Just the first two chapters is fine.) 1. If you have a high deductible health plan with a health savin...
by index2max
Thu Jun 18, 2020 10:23 pm
Forum: Personal Investments
Topic: What are my options with my Health Savings Account if I leave my job?
Replies: 5
Views: 582

Re: What are my options with my Health Savings Account if I leave my job?

You can keep it there or transfer to a different provider, like Fidelity, which has made news amongst Bogleheads for offering a HSA. Yup, I've read that. Fund options include US large-, mid- and small-cap funds. So I can make a total stock market fund that way https://digital.fidelity.com/prgw/digi...
by index2max
Thu Jun 18, 2020 10:08 pm
Forum: Personal Investments
Topic: International stock exposure...is up to 40% necessary?
Replies: 71
Views: 4905

Re: International stock exposure...is up to 40% necessary?

In his book, Common Sense on Mutual Funds , Jack Bogle refernced Russel Conwell's famous lecture, Acres of Diamonds, in advocating for investing in your background (if you are an American investor). The business regulations here are easier to follow than most other countries and the US stock market ...
by index2max
Thu Jun 18, 2020 9:59 pm
Forum: Personal Investments
Topic: What are my options with my Health Savings Account if I leave my job?
Replies: 5
Views: 582

What are my options with my Health Savings Account if I leave my job?

Hi all, Currently employed and covered by my employer's high deductible health plan. I am making enough to cover my deductible out-of-pocket so I invested my health savings account (HSA) balance 100% in stock market index funds to recreate a total stock market index fund. Still under 30 years old, s...
by index2max
Thu Jun 11, 2020 5:00 pm
Forum: Investing - Theory, News & General
Topic: Why is the stock market up? [thread multi-merge]
Replies: 521
Views: 21292

Re: Market makes no sense

After a decade of being a stable, passive investor, I'm tempted to time the market. Can someone help talk me off the ledge? I don't understand how we can have a recession with such massive unemployment, companies going bankrupt and closing stores, a likely virus resurgence leading to further decrea...
by index2max
Wed Jun 10, 2020 10:34 pm
Forum: Investing - Theory, News & General
Topic: Why is the stock market up? [thread multi-merge]
Replies: 521
Views: 21292

Re: Market makes no sense

After a decade of being a stable, passive investor, I'm tempted to time the market. Can someone help talk me off the ledge? I don't understand how we can have a recession with such massive unemployment, companies going bankrupt and closing stores, a likely virus resurgence leading to further decrea...
by index2max
Wed Jun 10, 2020 10:28 pm
Forum: Investing - Theory, News & General
Topic: Jason Zweig: This Bull Market Isn't As Big As You Think
Replies: 26
Views: 5470

Re: Jason Zweig: This Bull Market Isn't As Big As You Think

If any of you have trouble viewing WSJ articles because of the paywall, two suggestions for you: 1. Use an extension or add-on for your browser that bypasses mainstream media paywalls. I like the "bypass paywalls" addon for firefox and chrome (the chrome webpage has downloads for chrome and firefox)...
by index2max
Wed Jun 10, 2020 10:23 pm
Forum: Investing - Theory, News & General
Topic: Did the abrupt recovery create a false sense of security?
Replies: 33
Views: 2637

Re: Did the abrupt recovery create a false sense of security?

When the market reached its recent low on March 23, 2020, The Federal Reserve promised to print more money. Same thing happened in 2008-2009. Money printer go Brrr! https://www.federalreserve.gov/newsevents/pressreleases/monetary20200323b.htm This made stock investors confident that money printing w...
by index2max
Fri Jun 05, 2020 1:16 pm
Forum: Personal Investments
Topic: High interest savings account
Replies: 28
Views: 3618

Re: High interest savings account

Savings accounts are nice because they don’t require any effort, but I would recommend taking an extra 10 minutes per month to utilize a high interest rewards checking account at a credit union instead. I have money stored in two different high interest checking accounts at two different credit unio...
by index2max
Thu May 14, 2020 8:27 am
Forum: Personal Investments
Topic: Why no love for REITs?
Replies: 108
Views: 10383

Re: Why no love for REITs?

My wife invested in VGSLX in 2003. It outperformed SPY through about September 2016, after which SPY outperformed through yesterday (5/14/20). Not a stinker investment at all, but in bearish times, it drops quickly. It dropped -70% by the low of the 2008-2009 bear market in March 2009, and took abo...