Search found 11 matches

by beebee5004
Mon Aug 10, 2020 9:48 pm
Forum: Investing - Theory, News & General
Topic: SigFig wins 2020 Q2 Robo Report ranking
Replies: 5
Views: 732

Re: SigFig wins 2020 Q2 Robo Report ranking

Someone on the boards here referred me to this report, so I subscribed recently. I received my first copy of the report today. The results for Schwab Intelligent Portfolios seem discouraging. Any convincing reason to stay with SIP?
by beebee5004
Mon Aug 10, 2020 9:43 pm
Forum: Personal Investments
Topic: Roboadvisor vs. S&P500 Index Fund
Replies: 11
Views: 1419

Re: Roboadvisor vs. S&P500 Index Fund

GmanJeff wrote: Sat Aug 01, 2020 6:53 am Subscribe to this and read it: https://www.backendbenchmarking.com/the-robo-report/
Thank you for the referral. I subscribed and so far have found the report very informative.
by beebee5004
Fri Jul 31, 2020 4:53 pm
Forum: Personal Investments
Topic: Roboadvisor vs. S&P500 Index Fund
Replies: 11
Views: 1419

Roboadvisor vs. S&P500 Index Fund

I am looking at the performance of a roboadvisor in comparison to the S&P500 index since Jan 2019. The S&P500 has outperformed the roboadvisor by around 18% since then, and the roboadvisor's diverse portfolio appears to have exhibited as much volatility as the S&P500 index during the mar...
by beebee5004
Wed Jul 08, 2020 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Schwab Customer Service Experience
Replies: 29
Views: 1814

Re: Schwab Customer Service Experience

Might have been easier to do that online. You could also try their online "Chat" service. The CSR with whom I spoke initially said that my wife had to call them to change the address. If there is a way to change the address online, and I'd been able to use that, I would have done that and...
by beebee5004
Tue Jul 07, 2020 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Schwab Customer Service Experience
Replies: 29
Views: 1814

Re: Schwab Customer Service Experience

Thank you for the responses. I can't speak to the hold time... Much, if not most, of the 23 minutes was not hold time. She was having to answer questions that were not directly related to the address update. The call was during normal business hours, and I could see how that would affect the hold ti...
by beebee5004
Tue Jul 07, 2020 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Schwab Customer Service Experience
Replies: 29
Views: 1814

Schwab Customer Service Experience

My wife and I have a joint account with Schwab. In the few times I've interacted with them in the distant past, I've always thought that their customer service has been excellent. This morning, I noticed a document in our account that had one of our old addresses on it listed for her, so I called th...
by beebee5004
Mon Feb 25, 2019 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Recharacterization
Replies: 8
Views: 773

Re: Roth IRA Recharacterization

Ok, I found the page linked below that explains how to calculate the earnings on contributions. Now I see that the earnings rate is calculated by the change in value of the entire account, not individual securities. https://www.investopedia.com/articles/retirement/04/042804.asp I realize that the IR...
by beebee5004
Mon Feb 25, 2019 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Recharacterization
Replies: 8
Views: 773

Re: Roth IRA Recharacterization

How much earnings are we talking about on your 2018 Roth contribution as of today? That question is a little confusing to me, because when I talked to the Schwab representative, I thought he told me that I could sell whatever securities I wanted to make cash for the removal of the excess contributi...
by beebee5004
Mon Feb 25, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Recharacterization
Replies: 8
Views: 773

Re: Roth IRA Recharacterization

Thank you for all of the very helpful information. No custodian will attempt to explain all these considerations... Ok, that makes sense that he would not be willing to explain all of that. Removal of contributions when there is a loss will not result in any tax or penalty. Oh, so all I would need t...
by beebee5004
Mon Feb 25, 2019 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Recharacterization
Replies: 8
Views: 773

Re: Roth IRA Recharacterization

Thank you for the responses. I will try to make time to read that article. The thing that was confusing to me about my interaction with the custodian is that the custodian is Schwab, and I have in general had very positive experiences with their customer service. I was very surprised when this repre...
by beebee5004
Fri Feb 22, 2019 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Recharacterization
Replies: 8
Views: 773

Roth IRA Recharacterization

I made a 2018 contribution to my Roth IRA last year, and in working on my taxes recently, I realized that I was not eligible to make a 2018 contribution. I have read some about doing a recharacterization of my contribution from Roth to Traditional to avoid paying the early withdrawal penalty. I am n...