Search found 860 matches

by cheesepep
Tue Nov 19, 2019 10:44 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffet says NOT to diversify?
Replies: 35
Views: 4072

Re: Warren Buffet says NOT to diversify?

He said don't diversify if you know what you are doing. Diversify if you have no idea what you are doing (by buying an index fund). Something along those lines. Charlie Munger only owns 4 stocks/funds for his family including BRK.A and Costco. I only have between 7-10 individual stocks for my own po...
by cheesepep
Tue Nov 19, 2019 12:26 am
Forum: Personal Investments
Topic: Investing $140k in cash at 1k per week
Replies: 174
Views: 11816

Re: Investing $140k in cash at 1k per week

Nothing wrong with the plan. With the market at all time highs, investing all at once is risky. Sure it is market timing, but nothing wrong with that. Be cautious. Invest a bit slowly. I would personally do 2K every month instead. More so if the market sours.
by cheesepep
Sun Nov 17, 2019 12:08 am
Forum: Personal Investments
Topic: Whats your favorite financial related site? (news, tips, anything!)
Replies: 23
Views: 2467

Re: Whats your favorite financial related site? (news, tips, anything!)

I pretty much only visit these sites:

Yahoo finance
seekingalpha
bogleheads

Occasionally visit Nasdaq.com for other historical info, but that is it.
by cheesepep
Tue Nov 12, 2019 7:04 pm
Forum: Personal Investments
Topic: BRK.B
Replies: 22
Views: 2453

Re: BRK.B

Sell some of the losers this year and some next year for tax loss harvesting. The same for the gains to balance out the losses. I'm 100% individual stocks so it depends on the individual. But I do like dividends but I do occasionally hold a non-dividend stock (currently holding LUK).
by cheesepep
Sun Nov 10, 2019 7:18 pm
Forum: Personal Consumer Issues
Topic: Fruit Fly Problem
Replies: 24
Views: 2446

Re: Fruit Fly Problem

ACV does the trick. I had a very interesting scenario a few weeks ago. I was moving from house A to house B and left house A empty for 2 days and when I came back to one room in house A, there was at least 50 houseflies inside the one room. From very large, mature flies to the occasional small fly, ...
by cheesepep
Thu Nov 07, 2019 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone want to share their monthly budget? Here's ours
Replies: 153
Views: 32195

Re: Anyone want to share their monthly budget? Here's ours

I don't budget. I just keep costs low. Splurge a few times but absolutely no budget. In fact, I throw out almost all receipts as soon I as get them.
by cheesepep
Tue Nov 05, 2019 6:02 pm
Forum: Investing - Theory, News & General
Topic: Robinhood, Heading for a Trainwreck?
Replies: 41
Views: 5425

Re: Robinhood, Heading for a Trainwreck?

Was previously thinking of opening a RH account and I wasn't too concerned about them being a startup. Main concern was their customer service or lack thereof. Have to talk to a bot and getting a human is next to impossible. Hence, I am with Schwab.
by cheesepep
Sun Nov 03, 2019 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Apple Pay. Does anyone use it?
Replies: 196
Views: 12130

Re: Apple Pay. Does anyone use it?

Some people are confused: There is Apple Pay, which you can use at credit card terminals that support NFC. Not all terminals support NFC, but it is increasing. Notable holdouts include Walmart. There is Apple Pay on the web, which is used to input your credit card details online. So you don’t need t...
by cheesepep
Thu Oct 31, 2019 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Apple Pay. Does anyone use it?
Replies: 196
Views: 12130

Re: Apple Pay. Does anyone use it?

Walmart is the lone big holdout from using Apple Pay that I know of. They want you to use their app instead which can be used to mine data. Apple Pay limits how much data that they can mine from you, especially if you use it in conjunction with Apple card. The amount of data mined is pretty much nil...
by cheesepep
Wed Oct 30, 2019 4:36 am
Forum: Personal Finance (Not Investing)
Topic: Apple Pay. Does anyone use it?
Replies: 196
Views: 12130

Re: Apple Pay. Does anyone use it?

I use it and it is nice, but I don't get some retailers who have the credit card reader "hidden" where they have to hold the reader to you for you to make the transaction. The reader should be on the counter within reach and not hidden.
by cheesepep
Tue Oct 29, 2019 4:55 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2530
Views: 466762

Re: What are you up YTD? [Year To Date]

Up 36% YTD. 100% individual stocks, most of them dividend paying. Not a small portfolio either. What does the size of the portfolio have to do with this? Just curious to know what I might be missing. Similar to the rule of diminishing returns. If you have a small portfolio, going from $1000 to $110...
by cheesepep
Tue Oct 29, 2019 4:54 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2530
Views: 466762

Re: What are you up YTD? [Year To Date]

Up 36% YTD. 100% individual stocks, most of them dividend paying. Not a small portfolio either. What does the size of the portfolio have to do with this? Just curious to know what I might be missing. Similar to the rule of diminishing returns. If you have a small portfolio, going from $1000 to $110...
by cheesepep
Mon Oct 28, 2019 10:19 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2530
Views: 466762

Re: What are you up YTD? [Year To Date]

Up 36% YTD. 100% individual stocks, most of them dividend paying. Not a small portfolio either.
by cheesepep
Thu Oct 24, 2019 8:50 pm
Forum: Personal Consumer Issues
Topic: Home Depot and Lowe's product reviews
Replies: 16
Views: 1888

Re: Home Depot and Lowe's product reviews

I typically only leave reviews if the product is good, not bad. Kind of weird.

One time I left a bad review of some tour agency and I was contacted by them to take it down, which I declined.
by cheesepep
Mon Oct 21, 2019 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord Question
Replies: 16
Views: 2226

Re: Landlord Question

If have a good tenant, raise rent every 3 years, but minor raises. Always keep rent below market value. I've had a lot of experience with rental properties and some people rent for a very long time using this way. And they are quite happy also and won't bug you as much with issues.
by cheesepep
Sat Oct 19, 2019 10:15 am
Forum: Personal Investments
Topic: Transfer ETF's in-kind from Vanguard to Schwab?
Replies: 22
Views: 1402

Re: Transfer ETF's in-kind from Vanguard to Schwab?

Thanks for the two above posts. Yeah my account was transferred in kind. I did contact Chase and waiting for their reply.
by cheesepep
Sat Oct 19, 2019 10:15 am
Forum: Personal Consumer Issues
Topic: iPadOS - Anyone Upgraded?
Replies: 8
Views: 572

Re: iPadOS - Anyone Upgraded?

I have an iPad mini fifth gen with iPad OS. Works well and no issues. Love the split screen and can have multiple ones also with the same app or different apps in different windows. Safari has a download manager also and downloads to the improved file manager.
by cheesepep
Sat Oct 19, 2019 7:27 am
Forum: Personal Investments
Topic: Transfer ETF's in-kind from Vanguard to Schwab?
Replies: 22
Views: 1402

Re: Transfer ETF's in-kind from Vanguard to Schwab?

Not sure what "in-kind" means and maybe someone can enlighten me. But I did a transfer from Chase YI to Schwab and my MJLXX (or something like that, a JPM MMA) didn't transfer because Schwab couldn't transfer it. I tried to sell it at Chase, but I couldn't because "a transfer was in progress." Any i...
by cheesepep
Wed Oct 16, 2019 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Chase "You Invest" account - Biggest complaint
Replies: 24
Views: 3749

Re: Chase "You Invest" account - Biggest complaint

I hold MJLXX for my MMA needs at Chase You Invest. Lack of a decent interest rate for spare change is an issue, yes, but the main issue is that the website is just a bit wonky. I cannot place a trade anywhere I want or see my portfolio or transaction history unless I am on a specific part of their w...
by cheesepep
Sat Oct 12, 2019 9:37 pm
Forum: Investing - Theory, News & General
Topic: Do You Think Vanguard Will Join The No Commission Party?
Replies: 40
Views: 4960

Re: Do You Think Vanguard Will Join The No Commission Party?

Also, say you do have over a million dollars at vanguard and trade stocks five times a year. Assuming each trade is $5 and you switch over to Schwab which is offering a $2500 bonus and free trades, it could earn or save you $2500 plus $25. Good? Depends on you. Sometimes switching brokerages can be ...
by cheesepep
Sat Oct 12, 2019 9:14 pm
Forum: Investing - Theory, News & General
Topic: Do You Think Vanguard Will Join The No Commission Party?
Replies: 40
Views: 4960

Re: Do You Think Vanguard Will Join The No Commission Party?

The point is that vanguard is first and foremost a place not to trade stocks but for people who do trade stocks in their vanguard account, may it be just three times a year, it is an added cost. A cost that is not free compared to the offerings of other similar companies such as Schwab and fidelity ...
by cheesepep
Sat Oct 12, 2019 7:44 pm
Forum: Investing - Theory, News & General
Topic: A great example of single stock risk
Replies: 51
Views: 5533

Re: A great example of single stock risk

I hate it when people cherry pick a single stock to prove their point. Yes, PG&E is a dead stock and there are many others such as Enron, etc. No one here (especially here) as advocated buying a single stock. Everyone has heard of diversification. Yes, buying the market is overall less risky than bu...
by cheesepep
Sat Oct 12, 2019 8:30 am
Forum: Investing - Theory, News & General
Topic: Fidelity to $0 Commissions
Replies: 86
Views: 9035

Re: Fidelity to $0 Commissions

Schwab has on their webpage that they offer higher MMA rates than Fidelity and Chase You Invest. Could be meaningful for people who have large cash positions. Overall, Fidelity is better because it is automatically moved. I find that with $0 commissions that I am trading more frequently, but with le...
by cheesepep
Sat Oct 12, 2019 12:29 am
Forum: Personal Investments
Topic: Chase $750 for depositing 75K
Replies: 89
Views: 14066

Re: Chase $750 for depositing 75K

Not sure what the issue is, but I opened a Chase YI account also and got the cash bonus 90 days in (not points), without me doing anything. Just came deposited into my account without any issues.
by cheesepep
Thu Oct 10, 2019 11:28 am
Forum: Investing - Theory, News & General
Topic: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges
Replies: 106
Views: 10202

Re: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges

Just initiated a transfer from Chase You Invest to Schwab. Will get a large transfer bonus because of this and I went from $2.95 a trade to $0 a trade. I do prefer the Chase buy stock page a lot more than Schwab (large buttons are better than drop down menus), but everything else about Schwab is bet...
by cheesepep
Thu Oct 10, 2019 7:30 am
Forum: Investing - Theory, News & General
Topic: Fidelity to $0 Commissions
Replies: 86
Views: 9035

Re: Fidelity to $0 Commissions

Kind of also important is who has the most assets. They can use these assets to get more margin interests to their advantage. Good for competition. I found out that Fidelity has 2.46 trillion in assets and Schwab has 3.72 trillion in assets. Fidelity is better in that everyone gets 1.58% automatica...
by cheesepep
Thu Oct 10, 2019 5:59 am
Forum: Investing - Theory, News & General
Topic: Fidelity to $0 Commissions
Replies: 86
Views: 9035

Re: Fidelity to $0 Commissions

Kind of also important is who has the most assets. They can use these assets to get more margin interests to their advantage. Good for competition.
by cheesepep
Wed Oct 09, 2019 4:23 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1082
Views: 121482

Re: What frugal thing did you do today?

Recently started walking home for lunch (I live close by) instead of eating at a local restaurant near my office. I've always done this, but been doing it more often due to the fall weather. Eat better, healthier food and enjoy the air.
by cheesepep
Mon Oct 07, 2019 8:21 am
Forum: Personal Investments
Topic: TD or Schwab?
Replies: 19
Views: 1902

Re: TD or Schwab?

Schwab. Has better customer service. I was a former TD customer also after they bought Scottrade. Also, better checking account rates.
by cheesepep
Sun Oct 06, 2019 6:22 pm
Forum: Investing - Theory, News & General
Topic: How many are switching from Fidelity?
Replies: 140
Views: 16027

Re: How many are switching from Fidelity?

Fidelity is more akin to Schwab than it is to TD Ameritrade and Etrade, making most of their money through means other than commissions. It doesn't affect them much, but I'm assuming people with smaller and less complicated portfolios will have a mass exodus to Schwab which offers similar service bu...
by cheesepep
Thu Oct 03, 2019 6:25 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges
Replies: 106
Views: 10202

Re: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges

I've decided to move my entire Chase You Invest account over to Schwab.....in a couple of months. I still got free trades at Chase to use up. Maybe Chase will also offer free trades. Just got to wait and see. In the meantime, I loaded up on more MMAs.
by cheesepep
Tue Oct 01, 2019 8:04 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges
Replies: 106
Views: 10202

Re: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges

Does Charles Schwab block any ETFs like Merrill Edge and Chase do? Merrill Edge blocks some vanguard ETF, WisdonTree NTSX, Avantis ETFs and other active ETFs. Does Charles Schwab do any such thing? Just logged into my SCHW account, and entered VTSMX and it seems to work fine. I didn't click execute...
by cheesepep
Tue Oct 01, 2019 7:46 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges
Replies: 106
Views: 10202

Re: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges

BIG news. Detrimental to other brokerages such as TD, which gets 25% of their revenue from trading commissions. Chuck only gets 3-4% (per the horse's mouth, not 8% as per the CNBC estimates), so it is not that bad. And the influx of new customers coming into Schwab will be more than the 3-4% revenue...
by cheesepep
Thu Sep 19, 2019 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 shaking up savings accounts
Replies: 34
Views: 11538

Re: Capital One 360 shaking up savings accounts

Much thanks to you for this information. The last few years, I have been reluctant to open new accounts to receive higher interest or bonus, but recently have been invigorated to do so. I had planned on leaving CapitalOne due to their less than stellar customer service for me, but due to the huge bo...
by cheesepep
Mon Sep 16, 2019 8:12 am
Forum: Personal Consumer Issues
Topic: House centipedes in an apartment
Replies: 20
Views: 1764

Re: House centipedes in an apartment

If no pets, place some fly paper or rat paper on the floor near cracks. And if you see cracks, plug them up with some putty or caulking.
by cheesepep
Mon Sep 16, 2019 5:14 am
Forum: Personal Consumer Issues
Topic: Minivan Vs SUV Experience
Replies: 128
Views: 10142

Re: Minivan Vs SUV Experience

I don’t get why the US doesn’t have small minivans like the Mazda 5 from before. Some countries sell the Toyota Sienta which is a small minivan and quite possibly the best designed car you can buy if you want to carry cargo and kids but not too many of both. Has two sliding doors riding on a small p...
by cheesepep
Sat Sep 14, 2019 4:16 am
Forum: Personal Consumer Issues
Topic: Phones with longest battery life?
Replies: 18
Views: 1519

Re: Phones with longest battery life?

iPhone 11 Pro Max promises 5 more hours battery than the previous iPhones which already offered decent battery life.
by cheesepep
Fri Sep 13, 2019 10:30 am
Forum: Investing - Theory, News & General
Topic: Schwab cutting 600 jobs - announced today
Replies: 28
Views: 5669

Re: Schwab cutting 600 jobs - announced today

On a somewhat related note, I am intrigued by the new Schwab managed funds where instead of charging an annual percentage, they are going toward a subscription service which is $300 flat upfront fee and $30 a month. I much prefer this method as charging a percentage (no matter how small) is a bit in...
by cheesepep
Fri Sep 13, 2019 12:23 am
Forum: Investing - Theory, News & General
Topic: Schwab cutting 600 jobs - announced today
Replies: 28
Views: 5669

Re: Schwab cuts 3% of workforce

3% isn't much. Just normal cost cutting and normal pruning of a business. I like Schwab and am a Schwab stock holder and client.
by cheesepep
Wed Sep 11, 2019 6:21 am
Forum: Personal Consumer Issues
Topic: [Buying 1/2 pint milk in bulk for school lunches?]
Replies: 68
Views: 4592

Re: Buying 1/2 pint drinks in bulk for lunches?

Wow. I am not that old but far from elementary school and I paid 15 cents for a chocolate milk every day. 1.10 is insane.
by cheesepep
Sun Sep 08, 2019 11:09 pm
Forum: Personal Consumer Issues
Topic: Anyone with any experience with Warby Parker eyeglasses?
Replies: 37
Views: 3682

Re: Anyone with any experience with Warby Parker eyeglasses?

First time hearing about it. I’m a happy Costco customer where I also get my glasses from.
by cheesepep
Mon Sep 02, 2019 9:10 am
Forum: Personal Consumer Issues
Topic: How to repair drywall damaged by water leak
Replies: 17
Views: 1374

Re: How to repair drywall damaged by water leak

Has this happen to me before. Cut off 18" of bottom drywall. Remove all insulation. Spray mold killer or something. Have someone else reinstall the drywall, etc, and paint. Cost a fortune.
by cheesepep
Sun Sep 01, 2019 6:03 am
Forum: Investing - Theory, News & General
Topic: Fidelity highlights its better sweep account yields
Replies: 28
Views: 3245

Re: Fidelity highlights its better sweep account yields

I used to never pay attention to these silly things. After all, it is less than a percent most times! However, the last 1.5 months I have paid attention and moved some to MMA and other things and have been pleasantly pleased with the small amounts of money I have been getting from my accounts. It is...
by cheesepep
Sun Aug 18, 2019 8:16 pm
Forum: Personal Consumer Issues
Topic: Aliens have captured my husband [wants to buy a Porsche]
Replies: 138
Views: 11275

Re: Aliens have captured my husband [wants to buy a Porsche]

"World's biggest cheapskate"

"Previously owned a Miata"

Somehow I am doubtful of the first statement.
by cheesepep
Sun Aug 18, 2019 9:11 am
Forum: Personal Consumer Issues
Topic: Brown Bag Lunch Ideas
Replies: 70
Views: 4954

Re: Brown Bag Lunch Ideas

Rice with stir fried veggies and meat or rice with steamed veggies and steamed ground pork. Very delicious.

Relatively cheap and can make in advance. Easy to microwave. Add cut fruit if want.
by cheesepep
Sat Aug 17, 2019 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Why is Lisbon cheap compared to many of the cities Western Europe?
Replies: 20
Views: 3300

Re: Why is Lisbon cheap compared to many of the cities Western Europe?

Oh. How the mighty has fallen. Portugal once owned a sizeable stake of the Americas, Africa, and parts of Asia. But now, basically only owns it original landmass with a dying economy. So...if I were inclined, I would take full advantage of it and book a nice vacation there if it is safe and has good...
by cheesepep
Wed Aug 07, 2019 6:12 pm
Forum: Personal Consumer Issues
Topic: Amazon -- no longer the lowest prices, evidently
Replies: 120
Views: 13319

Re: Amazon -- no longer the lowest prices, evidently

Many, many items are MUCH cheaper elsewhere. Crazy how little people know when they shop on Amazon. The markups are crazy on many items.
by cheesepep
Mon Jul 29, 2019 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One data breach
Replies: 56
Views: 5447

Re: Capital One data breach

As a huge user of CapitalOne credit cards and a user of their savings products, I am definitely concerned. I know it won't do anything, but I will use Chase products more and CapitalOne products less because of this breach. Hope companies invest more in technology to protect their users better. And ...
by cheesepep
Sun Jul 28, 2019 9:09 am
Forum: Personal Investments
Topic: User hostility when transferring brokerage accounts
Replies: 36
Views: 3849

Re: User hostility when transferring brokerage accounts

I guess I'm not like other people who transfer their accounts just to get a cash bonus, so they have a lot of experience here. This is probably my first brokerage transfer. I have, however, used many brokerage accounts, but they seem to get bought out or merged so many times. People say it is typica...