Search found 46 matches

by engineerbme
Fri Sep 06, 2019 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Stressed Over Money 25 Yr. Old
Replies: 65
Views: 4968

Re: Stressed Over Money 25 Yr. Old

yeah just gonna chime in here with the others....doesn't seem like a money issue 1. move out of your parents house, get some more responsibility. you say you like living with low expenses, well get used to growing up and move out and grow a pair of balls 2. cut back on OT and focus on family and you...
by engineerbme
Mon Aug 19, 2019 1:08 pm
Forum: Personal Investments
Topic: Treasury Bill Question
Replies: 10
Views: 2046

Re: Treasury Bill Question

Does this mean for a $1000 Tbills bought for $998.41 I am only expecting $1.56 back at the end of 4 weeks? For the $998.41 you paid, you should be expecting $1,000 back at the end of 4 weeks. Sorry, yes this is the actual correct answer. Assuming we are talking about 4 week treasury bills, you get ...
by engineerbme
Thu Aug 15, 2019 3:05 pm
Forum: Personal Investments
Topic: Treasury Bill Question
Replies: 10
Views: 2046

Re: Treasury Bill Question

sorry to dig up on old thread... first time buying a Tbill Used Fidelity, it filled my order in at $99.8413. Does this mean for a $1000 Tbills bought for $998.41 I am only expecting $1.56 back at the end of 4 weeks? Yes, that's right. For a quick and dirty ballpark figure, you know the current inte...
by engineerbme
Thu Aug 15, 2019 2:50 pm
Forum: Personal Investments
Topic: Treasury Bill Question
Replies: 10
Views: 2046

Re: Treasury Bill Question

sorry to dig up on old thread...

first time buying a Tbill

Used Fidelity, it filled my order in at $99.8413.

Does this mean for a $1000 Tbills bought for $998.41 I am only expecting $1.56 back at the end of 4 weeks?
by engineerbme
Tue Aug 13, 2019 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1054
Views: 119266

Re: Fidelity as a one stop shop

with interest rates dropping and SPRXX now yielding 1.95%, where are people parking their cash funds into for their brokerage accounts and CMA (not asking about the admiral $100k investment mins), TIA! For now, in addition to keeping our EF in auto-rolling 6 month Treasury ladders, we put some shor...
by engineerbme
Tue Aug 13, 2019 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1054
Views: 119266

Re: Fidelity as a one stop shop

Is it normal that the Fidelity credit card usage email alerts arrive 2 days after the purchase is made? I'm new to this, still figuring out if I have it set up correctly. you can set it up for text alerts that should happen immediately after a purchase is made here: https://alertable.fidelity.com/f...
by engineerbme
Tue Aug 13, 2019 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1054
Views: 119266

Re: Fidelity as a one stop shop

with interest rates dropping and SPRXX now yielding 1.95%, where are people parking their cash funds into for their brokerage accounts and CMA (not asking about the admiral $100k investment mins), TIA! For now, in addition to keeping our EF in auto-rolling 6 month Treasury ladders, we put some shor...
by engineerbme
Tue Aug 13, 2019 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1054
Views: 119266

Re: Fidelity as a one stop shop

with interest rates dropping and SPRXX now yielding 1.95%, where are people parking their cash funds into for their brokerage accounts and CMA (not asking about the admiral $100k investment mins), TIA!
by engineerbme
Tue Aug 13, 2019 10:15 am
Forum: Personal Finance (Not Investing)
Topic: high-yield savings: stay or switch?
Replies: 49
Views: 4597

Re: high-yield savings: stay or switch?

susa wrote:
Mon Aug 12, 2019 2:33 pm
We use Northern Bank at 2.50%

Full list is here and we move funds around to whereever there is best % plus bonus (ie. Marcus-GS Bank)

https://www.doctorofcredit.com/high-int ... gs-to-get/
+1 DoC is a great site!
by engineerbme
Tue Aug 13, 2019 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Best Checking/ System for Cash Management/ Sweeping?
Replies: 19
Views: 2859

Re: Best Checking/ System for Cash Management/ Sweeping?

while aboard, have you or anyone else on this forum, successfully used the CMA abroad with $0 in the account and overdraft on? im traveling in a few months and was wondering if I need to keep some money in the CMA just to be safe and not get declined at ATMs abroad, TIA I haven't. I only have the r...
by engineerbme
Mon Aug 12, 2019 10:33 am
Forum: Personal Finance (Not Investing)
Topic: high-yield savings: stay or switch?
Replies: 49
Views: 4597

Re: high-yield savings: stay or switch?

point taken, but i was not accusing you of being a liar, you are correct about the initial account setup, however future account setups do not require this, so if you really cared enough you could just give a bogus account to link up, and then perform the trial deposits...the way you are addressing...
by engineerbme
Mon Aug 12, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Best Checking/ System for Cash Management/ Sweeping?
Replies: 19
Views: 2859

Re: Best Checking/ System for Cash Management/ Sweeping?

It's very confusing, for sure. When I was in Europe and Asia, we used our Fidelity ATM card to withdraw cash with no Foreign Transactions Fees added and all ATM fees refunded. As I understand it, there is a 1% fee if you use your debit to make purchases. However, we used our Chase Visa card for any...
by engineerbme
Sat Aug 10, 2019 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1054
Views: 119266

Re: Fidelity as a one stop shop

So I ran into a snag today (Saturday). I went to a bank of america ATM to withdraw some cash from my CMA (which has overdraft turned on and $0 in it), but the transaction was declined due to insufficient funds. So it did not automatically overdraft any cash into the CMA from the investment account....
by engineerbme
Fri Aug 09, 2019 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: high-yield savings: stay or switch?
Replies: 49
Views: 4597

Re: high-yield savings: stay or switch?

if you click 'manage my bank accounts' after you're viewing your wealthfront cash account, you can't do any other way but the 2 trial deposits by entering your routing and account number...i never setup my bank accounts the way you're explaining above. it's also listed here: https://support.wealthf...
by engineerbme
Thu Aug 08, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1054
Views: 119266

Re: Fidelity as a one stop shop

I had something new (at least for me) happen today. I transferred some money from an Ally online savings account to my Fidelity CMA account (a push from Ally to Fidelity). In my Fidelity CMA account I have an existing balance in FZDXX (a money market fund), no money in the core position (the core p...
by engineerbme
Wed Aug 07, 2019 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: high-yield savings: stay or switch?
Replies: 49
Views: 4597

Re: high-yield savings: stay or switch?

I also don't like the way Wealthfront links your external bank accounts. They ask for your user id and password from the external bank, just like Mint.com does. After that, they can see ALL of your accounts with that bank, not just the one account you want to link...creepy. this is totally untrue, ...
by engineerbme
Wed Aug 07, 2019 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: high-yield savings: stay or switch?
Replies: 49
Views: 4597

Re: high-yield savings: stay or switch?

I also don't like the way Wealthfront links your external bank accounts. They ask for your user id and password from the external bank, just like Mint.com does. After that, they can see ALL of your accounts with that bank, not just the one account you want to link...creepy. this is totally untrue, ...
by engineerbme
Wed Aug 07, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: high-yield savings: stay or switch?
Replies: 49
Views: 4597

Re: high-yield savings: stay or switch?

I also don't like the way Wealthfront links your external bank accounts. They ask for your user id and password from the external bank, just like Mint.com does. After that, they can see ALL of your accounts with that bank, not just the one account you want to link...creepy. this is totally untrue, ...
by engineerbme
Tue Aug 06, 2019 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: high yield savings vs. no penalty CDs
Replies: 28
Views: 2542

Re: high yield savings vs. no penalty CDs

i'd go with marcus' 13 month no penalty CD at 2.35% in your situation
by engineerbme
Wed Jul 17, 2019 8:43 am
Forum: Personal Consumer Issues
Topic: Credit card question - get Uber's new 4%er?
Replies: 60
Views: 9448

Re: Credit card question - get Uber's new 4%er?

what BS bank, Barclays...asking for my verification via snail mail...

called back and told them to cancel my app, applied for the CapitalOne Savor got an instant $15k CSL in 30 seconds....Barclays can go off themselves...
by engineerbme
Tue Jul 16, 2019 2:47 pm
Forum: Investing - Theory, News & General
Topic: Best Fidelity Money Market Account to Hold Cash?
Replies: 55
Views: 16672

Re: Best Fidelity Money Market Account to Hold Cash?

with interest rates going down and the 7-day yield falling for SPRXX and SPAXX, is the advice the same?
by engineerbme
Fri Jul 12, 2019 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Transferring HSABank to Fidelity HSA
Replies: 11
Views: 1223

Re: Transferring HSABank to Fidelity HSA

any advice given my situation where my TDAmeritrade account is closed now, but still would like to transfer to Fidelity on a reoccurring basis from HSABank?
by engineerbme
Tue Jul 09, 2019 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Transferring HSABank to Fidelity HSA
Replies: 11
Views: 1223

Re: Transferring HSABank to Fidelity HSA

I would say call tda and ask them not to close it, and in future don’t transfer all assets, leave 50 bucks or whatever in the account. I would just then do the transfers every 6 months to yearly going forward. If you can’t do a partial transfer, then you could do the every 12 mos partial rollover. ...
by engineerbme
Tue Jul 09, 2019 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Transferring HSABank to Fidelity HSA
Replies: 11
Views: 1223

Re: Transferring HSABank to Fidelity HSA

I'm sure everyone's situation is different, but I had no trouble transferring directly from HSABank to Fidelity by initiating the transfer request on Fidelity's website. Is there a reason you're having to go through TDAmeritrade? i basically read that going through TDAmeritrade was a faster transfe...
by engineerbme
Fri Jul 05, 2019 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Transferring HSABank to Fidelity HSA
Replies: 11
Views: 1223

Transferring HSABank to Fidelity HSA

Hi Everyone, Been researching the forums and came across a method to transfer funds from my HSABank account to an individual Fidelity HSA. The method I attempted to use seems to work but I've run into an issue. My HDHP uses HSABank for reoccurring monthly deposits (this is a FEHB, government HDHP). ...
by engineerbme
Wed Jun 26, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Ally savings acct lowers rate by 10 bps to 2.1%
Replies: 40
Views: 5902

Re: Ally savings acct lowers rate by 10bp to 2.1%

Just transferred some (not all) of my funds to my PurePoint account at 2.35%. I use both accounts for different purposes, but now with a 0.25% APY difference it's time to consolidate some more. i have purepoint but instead of using their savings I used their no penalty CD which is at 2.50% fyi...
by engineerbme
Fri Jun 21, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1054
Views: 119266

Re: Fidelity as a one stop shop

Since transitioning to using the ATM/debit card with my fidelity brokerage account, I've noticed that an ATM withdrawal doesn't post to the account for 2-3 business days. Years ago when I used the ATM card with the fidelity CMA account, I thought it posted same day. Curious if others have noticed t...
by engineerbme
Fri Jun 21, 2019 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1054
Views: 119266

Re: Fidelity as a one stop shop

Since transitioning to using the ATM/debit card with my fidelity brokerage account, I've noticed that an ATM withdrawal doesn't post to the account for 2-3 business days. Years ago when I used the ATM card with the fidelity CMA account, I thought it posted same day. Curious if others have noticed t...
by engineerbme
Tue Jun 18, 2019 8:41 am
Forum: Personal Investments
Topic: Any suggestions re: TD Ameritrade short term bond ETF?
Replies: 10
Views: 1245

Re: Any suggestions re: TD Ameritrade short term bond ETF?

jumping on this old thread...trying to invest into Ameritrade using HSA Bank funds... want to be conservative for short term gains in case I need to pull money out... also thinking of just moving money from HSA Bank -> TD Ameritrade -> Fidelity HSA; should I just park funds in Ameritrade and wait to...
by engineerbme
Mon Jun 17, 2019 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Hsabank to fidelity-HSA
Replies: 29
Views: 2142

Re: Hsabank to fidelity-HSA

not trying to hijack OP's thread but in similar situation... i have an employer contributed HDHP into HSA Bank...would like to transfer over to Fidelity HSA... googling the forums has led me to believe that the following method will not flag any tax violations: hsabank -> TD Amertitrade investing op...
by engineerbme
Mon Jun 17, 2019 1:23 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1052
Views: 97703

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

I've recently (i.e. today) started an HSA with HSA Bank (only option with my employer and contributions through payroll allow me to avoid FICA and get a employer match). I would like to transfer my contributions from HSA Bank to Fidelity (via trustee-to-trustee transfer ideally) as frequently as po...
by engineerbme
Sat Jun 15, 2019 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1054
Views: 119266

Re: Fidelity as a one stop shop

recently did an ATM withdrawal and it showed up as 'debit card purchase', hoping the reimbursement actually takes place because contrary to what ive read on this forum it should be 'instant' (?) but the Fidelity chat rep I spoke to said to give it 2-3 business days...the rep couldn't verify if it w...
by engineerbme
Fri Jun 14, 2019 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1054
Views: 119266

Re: Fidelity as a one stop shop

recently did an ATM withdrawal and it showed up as 'debit card purchase', hoping the reimbursement actually takes place because contrary to what ive read on this forum it should be 'instant' (?) but the Fidelity chat rep I spoke to said to give it 2-3 business days...the rep couldn't verify if it wa...
by engineerbme
Fri Jun 14, 2019 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Wealthfront to offer "Path" for free to the public
Replies: 6
Views: 1795

Re: Wealthfront to offer "Path" for free to the public

ive been using it since i signed up with Wealthfront with my personal investment account and honestly i didn't even realize what I was looking at every time I logged in, but it's actually pretty cool; shows me projected retirement money, and how much I'll have to spend per month i have all my invest...
by engineerbme
Wed Jun 12, 2019 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1054
Views: 119266

Re: Fidelity as a one stop shop

I also wanted to know how long it took for direct deposits from your employers to hit your brokerage account (or CMA account, if there is a difference in processing time), is it usually a day quicker than most paychecks hitting banks on Friday when employers pay on that Wednesday? Somewhat off-topi...
by engineerbme
Wed Jun 12, 2019 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1054
Views: 119266

Re: Fidelity as a one stop shop

hi everyone, been following this thread closely and have recently setup a CMA with a brokerage account with Fidelity. I have $0 in my CMA with auto OD setup to the brokerage account, parked in SPAXX. just wanted to know people's experience in ATM fee reimbursements internationally versus domesticall...
by engineerbme
Wed Jun 05, 2019 2:17 pm
Forum: Personal Investments
Topic: Portfolio review and investment advice
Replies: 14
Views: 561

Re: Portfolio review and investment advice

engineerbme, I think ExitStageLeft answered your questions to me. If you still have something not clear, feel free to PM me or post another reply. All I was saying is that the international equities are best bought in a taxable account, instead of within the TSP plan. It would let you capture the f...
by engineerbme
Wed Jun 05, 2019 2:16 pm
Forum: Personal Investments
Topic: Portfolio review and investment advice
Replies: 14
Views: 561

Re: Portfolio review and investment advice

i recently created a fidelity brokerage account and will be transitioning my checking to the CMA there... So this will just be a checking account? Or is this part of your retirement portfolio that you can write a check on if you have to? I don't believe there are any non-deductible contributions in...
by engineerbme
Wed Jun 05, 2019 1:53 pm
Forum: Personal Investments
Topic: Portfolio review and investment advice
Replies: 14
Views: 561

Re: Portfolio review and investment advice

0% Fidelity Brokerage account -recently created tied in with CMA with CORE in SPAXX What does this mean? 2. How can I better manage my IRA situation now that my income prohibits me from contributing to my traditional IRA. Should I roll that over to a roth? What would the implications be on my tax s...
by engineerbme
Wed Jun 05, 2019 1:50 pm
Forum: Personal Investments
Topic: Portfolio review and investment advice
Replies: 14
Views: 561

Re: Portfolio review and investment advice

megabad wrote:
Wed Jun 05, 2019 1:45 pm
Make sure you are aware of any future spousal situations that may impact this decision. For example, if spouse has mountains of high interest debt, this might change your approach. Or it might not, but probably worth a discussion.
removed
by engineerbme
Wed Jun 05, 2019 1:31 pm
Forum: Personal Investments
Topic: Portfolio review and investment advice
Replies: 14
Views: 561

Re: Portfolio review and investment advice

You have TSP, roll over that traditional IRA into the TSP plan. Also, in the future, never ever close the TSP plan. It has some really unicorn benefits not available in the private world; one such benefit being you can roll over traditional ITAs from else where into the plan, even if you are no lon...
by engineerbme
Wed Jun 05, 2019 10:00 am
Forum: Investing - Theory, News & General
Topic: Best Fidelity Money Market Account to Hold Cash?
Replies: 55
Views: 16672

Re: Best Fidelity Money Market Account to Hold Cash?

I got the above numbers from tax forms provided by Fidelity on their website . These numbers are only provided on an annual basis, so I'm using the numbers for 2018 now. The percentage of income attributable to federal obligations comes from the 2018 Percentage of Income from U.S. Government Securi...
by engineerbme
Tue Jun 04, 2019 12:53 pm
Forum: Personal Investments
Topic: Vanguard to Fidelity IRAs? - Parked cash options?
Replies: 2
Views: 210

Re: Vanguard to Fidelity IRAs? - Parked cash options?

so rolling my IRAs to Fidelity might not really do much for me it seems.

regarding my cash, I'm wondering if I should move them into higher CDs versus my online high yield savings accounts.

thanks for the response guys!
by engineerbme
Tue Jun 04, 2019 10:18 am
Forum: Personal Investments
Topic: Vanguard to Fidelity IRAs? - Parked cash options?
Replies: 2
Views: 210

Vanguard to Fidelity IRAs? - Parked cash options?

I recently setup a Fidelity CMA and Brokerage account because I was looking for a new checking account that had truly free ATMs (worldwide). I liked the concept of leaving $0 in my CMA and turning auto overdraft on from my brokerage account currently SPAXX as the core for all transactions. I have tw...