Search found 796 matches

by Cheez-It Guy
Mon May 25, 2020 7:06 am
Forum: Investing - Theory, News & General
Topic: Jeremiah B. says to buy gold and silver
Replies: 20
Views: 889

Re: Jeremiah B. says to buy gold and silver

Jeremiah 20:5 says:

"And I will let your enemies plunder Jerusalem. All the famed treasures of the city—the precious jewels and gold and silver of your kings—will be carried off to Babylon."

So, you see, it's pointless.
by Cheez-It Guy
Sun May 24, 2020 8:29 pm
Forum: Personal Investments
Topic: Time until money doubles
Replies: 25
Views: 2158

Re: Time until money doubles

The rule gives you a good approximation based on a fixed rate of return, but returns are rarely consistent, and no one knows the future. Proceed with caution.
by Cheez-It Guy
Sun May 24, 2020 8:15 pm
Forum: Personal Investments
Topic: Time until money doubles
Replies: 25
Views: 2158

Re: Time until money doubles

You have to determine an expected rate of return.

Then read this:

https://en.wikipedia.org/wiki/Rule_of_72
by Cheez-It Guy
Sun May 24, 2020 5:57 pm
Forum: Personal Investments
Topic: Why Vanguard Seems to Be Pushing Us Towards ETFs?
Replies: 19
Views: 1717

Re: Why Vanguard Seems to Be Pushing Us Towards ETFs?

I don't really think this is their motivation, but Vanguard is BY FAR the industry leader in mutual fund assets under management. No one else is even close. With ETFs, they are second to Blackrock's iShares, and I'm sure it would be a nice feather in their cap to take that crown.
by Cheez-It Guy
Sun May 24, 2020 7:50 am
Forum: Personal Consumer Issues
Topic: Hertz is declaring bankruptcy
Replies: 58
Views: 5169

Re: Hertz is declaring bankruptcy

Oh no! My Gold Plus Rewards! Travel related companies tend to continue to honor points when they go through reorganization in bankruptcy. Thanks! No way you would have known, but that was a bit of a joke. I don't have many of any built up, and they're basically worthless. So they have roughly the s...
by Cheez-It Guy
Sat May 23, 2020 10:57 am
Forum: Personal Consumer Issues
Topic: Hertz is declaring bankruptcy
Replies: 58
Views: 5169

Re: Hertz is declaring bankruptcy

Seasonal wrote:
Sat May 23, 2020 9:27 am
Cheez-It Guy wrote:
Sat May 23, 2020 9:03 am
Oh no! My Gold Plus Rewards!
Travel related companies tend to continue to honor points when they go through reorganization in bankruptcy.
Thanks! No way you would have known, but that was a bit of a joke. I don't have many of any built up, and they're basically worthless.
by Cheez-It Guy
Sat May 23, 2020 9:03 am
Forum: Personal Consumer Issues
Topic: Hertz is declaring bankruptcy
Replies: 58
Views: 5169

Re: Hertz is declaring bankruptcy

Oh no! My Gold Plus Rewards!
by Cheez-It Guy
Sat May 23, 2020 8:27 am
Forum: Personal Consumer Issues
Topic: Subaru Outback vs deer
Replies: 21
Views: 1727

Re: Subaru Outback vs deer

It's less likely to die from a side impact. Basically it ran into the car with only its own momentum rather than the car running into it. Quite a difference.
by Cheez-It Guy
Sat May 23, 2020 8:06 am
Forum: Personal Consumer Issues
Topic: Subaru Outback vs deer
Replies: 21
Views: 1727

Re: Subaru Outback vs deer

We need pictures!
by Cheez-It Guy
Sat May 23, 2020 8:02 am
Forum: Personal Investments
Topic: Automatic investing on Vanguard
Replies: 9
Views: 1186

Re: Automatic investing on Vanguard

If you really prefer to use ETFs, you may want to set up the automated investing in mutual funds as suggested, but then on some appropriate frequency (annually?), call Vanguard and ask them to convert your mutual funds to the matching ETF, assuming the selected mutual fund has one. This ability is u...
by Cheez-It Guy
Fri May 22, 2020 6:54 am
Forum: Personal Consumer Issues
Topic: Email for young teen with ability to auto delete nasty spam
Replies: 32
Views: 2117

Re: Email for young teen with ability to auto delete nasty spam

Don't you have to be searching for this stuff or something similar to generate this spam? If you don't want to change the email address maybe check the browsing history to see if any unusual sites come up. While she isn't doing it on purpose, some phrases attract weirdos. A few years ago I listed s...
by Cheez-It Guy
Thu May 21, 2020 2:33 pm
Forum: Personal Investments
Topic: What to do with money in moneymarket account
Replies: 6
Views: 872

Re: What to do with money in moneymarket account

Where are you getting a 1.6% return in the money market?
by Cheez-It Guy
Thu May 21, 2020 1:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20833

Re: Vanguard brokerage account transition

Let's flip it around. What is YOUR reason NOT to move? If you don't have a strong reason not to, why not do it to assist with an obvious asset manager priority, be on the selected platform for the future, and generally be agreeable? Personally, I like being able to have the interest/dividends from ...
by Cheez-It Guy
Thu May 21, 2020 1:48 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20833

Re: Vanguard brokerage account transition

This thread has taught me that being politely asked for nearly a decade to consider migrating to a platform of choice that maintains the vast majority of functionality to which I have become accustomed and stubbornly refusing to do so of my own free will equates to being treated like garbage. An in...
by Cheez-It Guy
Thu May 21, 2020 11:11 am
Forum: Personal Investments
Topic: Fees/penalties for Transferring money from Traditional IRA brokerage account to Vanguard brokerage account?
Replies: 16
Views: 548

Re: Fees/penalties for Transferring money from Traditional IRA brokerage account to Vanguard brokerage account?

Still suggest it would be wise for you to slow down and do some reading, because from the terminology you are using, it isn't clear that you currently understand the various important distinctions here. It will be easy to make a mess for yourself.
by Cheez-It Guy
Thu May 21, 2020 7:50 am
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20833

Re: Vanguard brokerage account transition

question for those who have done something similar before... 1) do you know whether fidelity and/or schwab accept vanguard mutual funds "in-kind"? 2) if not, when you liquidate, are you out of the market during this time? when i rolled over my old 401k to my new 401k they mailed me a check that i n...
by Cheez-It Guy
Thu May 21, 2020 6:51 am
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20833

Re: Vanguard brokerage account transition

. However, there may be a class action lawsuit against Vanguard if they go down this path. Based on what? Did VG promise somewhere to provide the exact same service in perpetuity? I'm not saying it won't happen, people and lawyers get together with class action lawsuits on all sorts of marginal thi...
by Cheez-It Guy
Thu May 21, 2020 6:45 am
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20833

Re: Vanguard brokerage account transition

Perhaps this is an unfair assessment, but that's my take after months of reading these threads. Folks, you aren't too old to change. Take the leap. The water's fine. can you address staunchlydubious' issues (below). I had not even considered these reasons and am glad staunchlydubious posted them. I...
by Cheez-It Guy
Thu May 21, 2020 6:32 am
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20833

Re: Vanguard brokerage account transition

^^Nice summary, and good for you for being proactive. Please report on your observations of the transition itself and post-transition landscape as an example for others in similar situations. The two tax forms in year of transition is a minor annoyance, but TurboTax can import both formats, and the...
by Cheez-It Guy
Wed May 20, 2020 6:22 pm
Forum: Personal Consumer Issues
Topic: what to do about 1000s of dandelions/weeds?
Replies: 55
Views: 4049

Re: what to do about 1000s of dandelions/weeds?

Well if neither of you really cares about weeds, as you say, then just mow it and don't worry about it. Dandelions are edible. You can make salad from the greens.

If you mow regularly enough, they can't spread from seed. Get a dandelion tool for manual removal.
by Cheez-It Guy
Wed May 20, 2020 2:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20833

Re: Vanguard brokerage account transition

This thread has taught me that being politely asked for nearly a decade to consider migrating to a platform of choice that maintains the vast majority of functionality to which I have become accustomed and stubbornly refusing to do so of my own free will equates to being treated like garbage. An int...
by Cheez-It Guy
Wed May 20, 2020 7:13 am
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20833

Re: Vanguard brokerage account transition

Let's flip it around. What is YOUR reason NOT to move? If you don't have a strong reason not to, why not do it to assist with an obvious asset manager priority, be on the selected platform for the future, and generally be agreeable?
by Cheez-It Guy
Tue May 19, 2020 10:31 am
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20833

Re: Vanguard brokerage account transition

Perhaps this is an unfair assessment, but that's my take after months of reading these threads. Folks, you aren't too old to change. Take the leap. The water's fine. can you address staunchlydubious' issues (below). I had not even considered these reasons and am glad staunchlydubious posted them. I...
by Cheez-It Guy
Tue May 19, 2020 7:03 am
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20833

Re: Vanguard brokerage account transition

^^Nice summary, and good for you for being proactive. Please report on your observations of the transition itself and post-transition landscape as an example for others in similar situations. The two tax forms in year of transition is a minor annoyance, but TurboTax can import both formats, and they...
by Cheez-It Guy
Mon May 18, 2020 2:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20833

Re: Vanguard brokerage account transition

I'm not subscribed to any threads at all, and never have been. I just browse threads with recent posting activity from the homepage. This is section-independent.
by Cheez-It Guy
Sun May 17, 2020 5:31 pm
Forum: Personal Consumer Issues
Topic: How to connect washing machine drain hose to narrow standpipe
Replies: 17
Views: 771

Re: How to connect washing machine drain hose to narrow standpipe

^^Or, continue to do it yourself like you've already started to and learn something. This is not really plumbing.
by Cheez-It Guy
Sun May 17, 2020 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Fraudulent charges... Getting really tired of the number of times this happens and resulting hassle.
Replies: 56
Views: 4415

Re: Fraudulent charges... Getting really tired of the number of times this happens and resulting hassle.

I really don't want to jinx myself, but thankfully I have never had fraudulent charges. Surprised it happens so frequently to others and wondering what drives the difference in occurrence level.
by Cheez-It Guy
Sun May 17, 2020 4:28 pm
Forum: Personal Consumer Issues
Topic: Are Ebay's promoted listings a scam?
Replies: 6
Views: 563

Re: Are Ebay's promoted listings a scam?

A bigger problem with eBay is counterfeit merchandise.
by Cheez-It Guy
Sun May 17, 2020 3:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8507

Re: Vanguard Mutual Fund Platform EOL

Why is it so important to some long-time Vanguard customers to be able to automatically redirect the dividends of one fund into a different fund? Seems like a minor feature to me in the grand scheme of things. If you are retired and want to draw monthly from a specific account you may want to have ...
by Cheez-It Guy
Sun May 17, 2020 3:55 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8507

Re: Vanguard Mutual Fund Platform EOL

I use the 401k platform as do many others. We can plainly see that it's a mutual fund only platform. Do you also need a citation before you can believe that the sun rises in the east? Anakin Oh, so you’re basing your assumption on the fact that you can’t buy ETFs in your 401k. Right. Because that d...
by Cheez-It Guy
Sun May 17, 2020 3:51 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8507

Re: Vanguard Mutual Fund Platform EOL

Why is it so important to some long-time Vanguard customers to be able to automatically redirect the dividends of one fund into a different fund? Seems like a minor feature to me in the grand scheme of things. If you are retired and want to draw monthly from a specific account you may want to have ...
by Cheez-It Guy
Sun May 17, 2020 3:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8507

Re: Vanguard Mutual Fund Platform EOL

Haha. Anakin thinks he won that debate.
by Cheez-It Guy
Sun May 17, 2020 3:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8507

Re: Vanguard Mutual Fund Platform EOL

Also as I already said before, the "old" platform is still going to remain in use for the 401k business. Not sure why those arguing against the "old" platform's existence keep missing relevant facts even after they are pointed out to them repeatedly. Must be the same reason why so many of them thin...
by Cheez-It Guy
Sun May 17, 2020 3:22 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8507

Re: Vanguard Mutual Fund Platform EOL

Why is it so important to some long-time Vanguard customers to be able to automatically redirect the dividends of one fund into a different fund? Seems like a minor feature to me in the grand scheme of things. If you are retired and want to draw monthly from a specific account you may want to have ...
by Cheez-It Guy
Sun May 17, 2020 3:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8507

Re: Vanguard Mutual Fund Platform EOL

Anakin, I think it's time to hang it up.
by Cheez-It Guy
Sun May 17, 2020 12:13 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20833

Re: Vanguard brokerage account transition

Some folks are just being needlessly stubborn about this. Just do it for the common good and move on. Maybe you should do as you please, and move on..... :oops: :annoyed :thumbsdown :thumbsdown :thumbsdown :thumbsdown :thumbsdown :thumbsdown :oops: :annoyed I would like to, but this topic keeps pop...
by Cheez-It Guy
Sat May 16, 2020 8:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8507

Re: Vanguard Mutual Fund Platform EOL

Why is it essential? You can still buy mutual funds on the new platform. That's the vast majority of what I have.
by Cheez-It Guy
Sat May 16, 2020 4:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20833

Re: Vanguard brokerage account transition

Some folks are just being needlessly stubborn about this. Just do it for the common good and move on.
by Cheez-It Guy
Sat May 16, 2020 10:43 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8507

Re: Vanguard Mutual Fund Platform EOL

Except that with Vanguard (in many cases) one can do a one-way conversion from mutual funds to ETFs as a tax-free event.
by Cheez-It Guy
Sat May 16, 2020 10:39 am
Forum: Personal Consumer Issues
Topic: Alternatives to Craftsman Tools
Replies: 94
Views: 5950

Re: Alternatives to Craftsman Tools

Please stop buying tools from Harbor Freight. I'm about as cheap as they come, but not for tools. Nothing worse than a cheap and unreliable tool. Even if it's a one-time-use tool, I don't support the business model. Don't prop it up by continuing to buy garbage tools from China at the expense of qua...
by Cheez-It Guy
Sat May 16, 2020 10:33 am
Forum: Personal Finance (Not Investing)
Topic: [any downside to telling your parents your income?]
Replies: 32
Views: 2456

Re: Sharing income with parent(s)?

Do not share. Nothing good comes of it. If times get rough, you are the one they go to, regardless of your situation. I have never seen anything good about letting someone know how much you make. Be the humble bazillionaire and share your wealth quietly by helping but never, never, never share the ...
by Cheez-It Guy
Sat May 16, 2020 1:36 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8507

Re: Vanguard Mutual Fund Platform EOL

I just give feedback when appropriate. I generally expect that it won't even acted upon, but I continue to give it. Occasionally I am pleasantly surprised.
by Cheez-It Guy
Sat May 16, 2020 1:22 am
Forum: Personal Investments
Topic: Has anyone else invested this way?
Replies: 13
Views: 1184

Re: Has anyone else invested this way?

I do something very similar with VTSAX, but I invest on a weekly basis.
by Cheez-It Guy
Sat May 16, 2020 1:20 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8507

Re: Vanguard Mutual Fund Platform EOL

Ever heard of SpaceX?
by Cheez-It Guy
Sat May 16, 2020 1:16 am
Forum: Personal Finance (Not Investing)
Topic: [any downside to telling your parents your income?]
Replies: 32
Views: 2456

Re: Sharing income with parent(s)?

Do not share. Nothing good comes of it. If times get rough, you are the one they go to, regardless of your situation. I have never seen anything good about letting someone know how much you make. Be the humble bazillionaire and share your wealth quietly by helping but never, never, never share the ...
by Cheez-It Guy
Sat May 16, 2020 1:09 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8507

Re: Vanguard Mutual Fund Platform EOL

Catastrophising in this thread. . . Yes, there are a couple minor annoyances one the new platform. By all means give the appropriate feedback to Vanguard, but just migrate the accounts and move on with your life. I liked the migration because it reduced the total number of accounts I had by combinin...
by Cheez-It Guy
Wed May 13, 2020 11:11 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18784
Views: 2626183

Re: U.S. stocks in free fall

Volatility is back!! Too bad, they needed a senate hearing to see the challenges ahead.. Futures are up. Too bad it seems folks over reacted yesterday's events.... Junkbond Jerome disagrees with you. Rhyming nicknames. This one is appropriate! Wonder the long term consequences of risking Feds balan...
by Cheez-It Guy
Wed May 13, 2020 9:37 am
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 599
Views: 31371

Re: What are you listening to now

Autumn -- Stacking Smoke

https://www.youtube.com/playlist?list=O ... 3sgfZc8_UQ

I really like Autumn. Strong last few albums.