Search found 3426 matches

by edge
Sat May 23, 2020 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 270
Views: 17963

Re: The axe falls and I am prepared. What's next?

I’m most confused by the statement of needing to spend 10-20 hours per week learning. That seems way over the top.
by edge
Thu Apr 16, 2020 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Has your PPP loan been processed yet? Ours hasn’t been, and I'm getting concerned
Replies: 102
Views: 7480

Re: Has your PPP loan been processed yet? Ours hasn’t been, and I'm getting concerned

If you have an SBA confirmation number it’s highly likely you will be funded. The bank has to go through multiple steps post SBA including note creation / signing / funding / booking / pledging. If your app number is a bank provided number confirming app receipt then there are more steps eg validati...
by edge
Mon Apr 13, 2020 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: How long for executive to get up to speed?
Replies: 28
Views: 3055

Re: How long for executive to get up to speed?

2-3 months before you need to start making changes/impact.
by edge
Sun Apr 12, 2020 10:00 am
Forum: Personal Consumer Issues
Topic: Should we be concerned with any banks closing?
Replies: 44
Views: 3194

Re: Should we be concerned with any banks closing?

HSBC’s major NY acquisition was Marine Midland. Somebody told my wife that HSBC might be folding in the near future. Should there be any concerns during these times about banks closing? If so what American banks would be a safe place to stay with? Hmmm.... Did someone also tell your wife that Citiba...
by edge
Wed Apr 08, 2020 11:55 am
Forum: Personal Finance (Not Investing)
Topic: PPP with Wells Fargo
Replies: 55
Views: 4619

Re: PPP with Wells Fargo

The problem you will run into with other banks is you will likely need to go through KYC/BSA/AML related processes. And many other banks are going to be overwhelmed just with their own customers that you may not get prioritized. Yes, to your comment - I meant the 'pre-application'. The hold up in pr...
by edge
Wed Apr 08, 2020 10:28 am
Forum: Personal Finance (Not Investing)
Topic: PPP with Wells Fargo
Replies: 55
Views: 4619

Re: PPP with Wells Fargo

The hold up in processing SBA applications is two fold. 1). Banks have to validate the app is in good order and some of that is manual. 2). The SBA is having fairly significant technical challenges with their integration with banks via their ‘eTran’ platform. As for Wells Fargo they took application...
by edge
Wed Apr 08, 2020 9:55 am
Forum: Personal Finance (Not Investing)
Topic: PPP with Wells Fargo
Replies: 55
Views: 4619

Re: PPP with Wells Fargo

Wells has a regulatory asset cap limit because of their past behavior. They are negotiating with the government to lift this. For now this is the major cause of their issues in providing relief to their business banking customers.
by edge
Sun Mar 29, 2020 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Processing fee for SBA loans
Replies: 7
Views: 521

Re: Processing fee for SBA loans

I am not really following. You can get an SBA loan through a bank.
by edge
Thu Mar 12, 2020 12:05 pm
Forum: Personal Investments
Topic: Who is staying course and how are you dealing with net worth going down?
Replies: 359
Views: 25879

Re: Who is staying course and how are you dealing with net worth going down?

staying the course, buying when my rebalance bands are reached. not feeling stress.
by edge
Sat Feb 29, 2020 10:38 pm
Forum: Investing - Theory, News & General
Topic: [Why aren't forum members following the "Stay the course" approach?]
Replies: 372
Views: 25760

Re: [Why aren't forum members following the "Stay the course" approach?]

I am following my IPS. No panic selling. Doing some buying to keep AA in the bands.
by edge
Wed Feb 19, 2020 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Taxes and Restricted Stock Units (RSU)
Replies: 8
Views: 409

Re: Taxes and Restricted Stock Units (RSU)

The taxes show up in your w2. Turbo tax issues are likely related to cost basis
by edge
Sat Feb 15, 2020 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: How to make Fidelity 2% Cash Back Visa show up in wife's Fidelity account list?
Replies: 13
Views: 1189

Re: How to make Fidelity 2% Cash Back Visa show up in wife's Fidelity account list?

Pretty sure customer service is available at Fidelity...?
MotoTrojan wrote:
Sat Feb 15, 2020 8:46 pm
corp_sharecropper wrote:
Sat Feb 15, 2020 8:43 pm
MotoTrojan wrote:
Sat Feb 15, 2020 8:40 pm
Fidelity has top-notch customer service, why not ask them?
Because I'm curious about it at 8:45pm on a Saturday.
Fair enough :sharebeer .
by edge
Tue Feb 11, 2020 8:41 pm
Forum: Investing - Theory, News & General
Topic: What is the settlement time for T-bills held in a brokerage account?
Replies: 25
Views: 2195

Re: What is the settlement time for T-bills held in a brokerage account?

Pershing provides this capability (along with a set of same day settlement mmmf) but it’s common at most large institutions.
by edge
Tue Feb 11, 2020 8:00 pm
Forum: Investing - Theory, News & General
Topic: What is the settlement time for T-bills held in a brokerage account?
Replies: 25
Views: 2195

Re: What is the settlement time for T-bills held in a brokerage account?

Brokers sometimes have Institutional Services which settle treasuries same day as cash for UHNW or institutions. Meaning sold/settled/wired out same day.

This is not usually offered to retail investors who have T+1 settlement typically.
by edge
Tue Feb 04, 2020 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: who do you bank with and why?
Replies: 97
Views: 6932

Re: who do you bank with and why?

Do you really need a bank or do you just need cash management. If the latter then Fidelity is probably your best bet.
by edge
Sat Jan 18, 2020 11:14 pm
Forum: Personal Consumer Issues
Topic: 2020 Mercedes GLE 450
Replies: 1
Views: 549

Re: 2020 Mercedes GLE 450

I've been in the 350 version. Interior was a bit lower rent than I was expecting but the screens were nice as was the interior ambient lighting. It might have been the black/black/black interior that turned me off. You are right to get the 450 vs the 350. The 350 seemed very under-powered. As for be...
by edge
Mon Jan 13, 2020 9:04 pm
Forum: Personal Investments
Topic: JP Morgan Chase Core Portfolio vs. Vanguard
Replies: 8
Views: 765

Re: JP Morgan Chase Core Portfolio vs. Vanguard

1.45% is not justified and the advice you get isn’t going to be better than VG.
by edge
Tue Dec 31, 2019 10:07 am
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet [a Bogleheads community project]
Replies: 1170
Views: 713275

Re: Simba's backtesting spreadsheet [a Bogleheads community project]

Thank you. This is a fun/helpful resource. Much appreciated!!

siamond wrote:
Mon Dec 30, 2019 7:44 pm
edge wrote:
Mon Dec 30, 2019 6:41 pm
Will there be an update incl 2019 data?
Indeed. Once we're done with 2019 though! :wink:
by edge
Tue Dec 31, 2019 10:05 am
Forum: Personal Investments
Topic: New to Employer 401k Plan Voya
Replies: 14
Views: 557

Re: New to Employer 401k Plan Voya

This isn’t bad. The blackrock bond fund as well as a couple of the Capital Group American funds seem fine as well as what others mentioned.
by edge
Thu Dec 26, 2019 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Job offer at FAANG for $350k - Declining Offer
Replies: 161
Views: 18426

Re: Job offer at FAANG for $350k

No one can answer this for you.

I would take the opportunity in your shoes but I am not.
by edge
Mon Dec 23, 2019 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: What is your home's price/value per square foot, and does that make it an investment?
Replies: 79
Views: 4040

Re: What is your home's price/value per square foot, and does that make it an investment?

No, it’s not useful. Because the value of the home as an investment has more to do with the appreciation of the land/location than if your toilets are getting more valuable the more you use them.
by edge
Sat Dec 21, 2019 11:30 am
Forum: Investing - Theory, News & General
Topic: Next Level Move that made the difference
Replies: 44
Views: 3561

Re: Next Level Move that made the difference

Taking risks to move to higher paying jobs.
by edge
Wed Dec 11, 2019 7:49 pm
Forum: Personal Consumer Issues
Topic: 70+year Oldies: Anyone buying the C8 Corvette?
Replies: 77
Views: 6091

Re: 70+year Oldies: Anyone buying the C8 Corvette?

New Porsche I havent driven every corvette model but the ones I drive that had a manual transmission were awful. Like driving a semi. Porsche has the best manual (and auto) transmissions I’ve driven. Really? I've driven all the air cooled variants, plus 996 and 991 and they're all a version of row t...
by edge
Wed Dec 11, 2019 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: How to turn a job offer into a consulting arrangement?
Replies: 10
Views: 1299

Re: How to turn a job offer into a consulting arrangement?

Usually you can just join a big enough firm such that you can move around internally to find the next big ‘transformation’ or ‘new product/market’ opportunity.

Typically bonuses and above market merit increases and promotions follow.
by edge
Mon Nov 25, 2019 9:24 am
Forum: Personal Consumer Issues
Topic: 70+year Oldies: Anyone buying the C8 Corvette?
Replies: 77
Views: 6091

Re: 70+year Oldies: Anyone buying the C8 Corvette?

I havent driven every corvette model but the ones I drive that had a manual transmission were awful. Like driving a semi.

Porsche has the best manual (and auto) transmissions I’ve driven.
by edge
Thu Nov 21, 2019 2:27 pm
Forum: Investing - Theory, News & General
Topic: Schwab acquiring TD Ameritrade
Replies: 131
Views: 14210

Re: Schwab acquiring TD Ameritrade

Investment management is client focused, like an RIA. Asset management is managing a pool of dollars to a prospectus aka ‘running money’. Did she mean ‘investment management’? TD does not do much asset management afaik. Maria Bartiromo of Fox Business just broke the news that Schwab will acquire TD ...
by edge
Thu Nov 21, 2019 7:51 am
Forum: Investing - Theory, News & General
Topic: Schwab acquiring TD Ameritrade
Replies: 131
Views: 14210

Re: Schwab acquiring TD Ameritrade

Did she mean ‘investment management’? TD does not do much asset management afaik. Maria Bartiromo of Fox Business just broke the news that Schwab will acquire TD Ameritrade for $26 billion. Her panel all remarked that the brokerage industry is no longer about selling securities, it is about asset ma...
by edge
Fri Nov 15, 2019 8:38 am
Forum: Personal Finance (Not Investing)
Topic: 29yr Big 4 Tech Consultant Pursuing Higher Earning Potential
Replies: 12
Views: 2815

Re: 29yr Big 4 Tech Consultant Pursuing Higher Earning Potential

Are you actually technical or are you like a ‘business analyst’ type? It sounds like you might want to consider what is called a "pre-sales" consultant at a software company. Thank you PaunchyPirate - I've gotten an offer from a tech company in the past for the role you are describing but the total ...
by edge
Fri Nov 15, 2019 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity ([Elan]) card eBill
Replies: 30
Views: 2504

Re: Fidelity (Elon) card eBill

I use auto pay from my CMA
by edge
Mon Nov 11, 2019 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: 29yr Big 4 Tech Consultant Pursuing Higher Earning Potential
Replies: 12
Views: 2815

Re: 29yr Big 4 Tech Consultant Pursuing Higher Earning Potential

It isn’t clear what your actual skills / value proposition is worth.
by edge
Sun Oct 27, 2019 7:59 am
Forum: Personal Investments
Topic: Best Single Entity for Investments + Cash + Banking
Replies: 39
Views: 3556

Re: Best Single Entity for Investments + Cash + Banking

She can’t. Too much of fidelity profit is from cash. I'd like to simplify and hold all my accounts with one entity: ETF's, Stocks, cash reserves, plus do my banking with that same entity, bill pay, auto deposit from W2 job, etc. If I get hit by a bus (as they say), wife can log into 1 place and have...
by edge
Fri Oct 18, 2019 7:12 am
Forum: Personal Investments
Topic: Does Fidelity have a performance view?
Replies: 55
Views: 6546

Re: Does Fidelity have a performance view?

It is ridiculous. I suspect it is reflective of Fidelity’s use of performance reporting software that has account (or customer) based fees. I just called Fidelity. They said I should see the performance tab next week. Seems pretty ridiculous to restrict that feature and conveyed similar sentiments t...
by edge
Wed Oct 09, 2019 11:18 pm
Forum: Investing - Theory, News & General
Topic: How many are switching from Fidelity?
Replies: 140
Views: 17466

Re: How many are switching from Fidelity?

No intention to move
by edge
Tue Oct 01, 2019 7:16 am
Forum: Personal Consumer Issues
Topic: Suggestions for good leather shoe?
Replies: 43
Views: 4839

Re: Suggestions for good leather shoe?

Florsheim used to make incredible shoes but those days are long gone.
banhbao wrote:
Thu Sep 26, 2019 11:05 am
I'm a fan of Florsheim. There are a lot of different style options, and you'll find a ton of brogue wingtips. (You can try them on at Jos A. Bank, but check their website price as they offer free shipping and free returns.)
by edge
Fri Sep 27, 2019 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 27958

Re: IT compensation comparison

What do you think it does that is groundbreaking? There were extremely high end and costly software packages to do what it does. But high costs kept adoption low. Yes, writing code that can scale is a challenge. But really that’s something that market infrastructure type developers had to deal with ...
by edge
Thu Sep 26, 2019 3:53 am
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 27958

Re: IT compensation comparison

Kafka is not groundbreaking. It’s just convenient and free. There just isn’t anything particularly groundbreaking at linked in or Facebook etc etc. Most of Silicon Valley these days is business model innovation not tech innovation. Imo the interviewing and competitiveness has more to do with screeni...
by edge
Wed Sep 25, 2019 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 27958

Re: IT compensation comparison

There just isn’t anything particularly groundbreaking at linked in or Facebook etc etc. Most of Silicon Valley these days is business model innovation not tech innovation. Imo the interviewing and competitiveness has more to do with screening out the bottom 80% of the software development workforce ...
by edge
Fri Sep 20, 2019 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 27958

Re: IT compensation comparison

I think the point has been made but it’s worth noting again: software engineering isn’t really ‘IT’ (IT Ops, networking, Unix admin, etc).

I don’t think it’s correct to compare salaries across these and the skill sets aren’t exactly transferable to software engineering.
by edge
Tue Sep 10, 2019 7:44 am
Forum: Investing - Theory, News & General
Topic: Rich people are hoarding cash
Replies: 233
Views: 34881

Re: Rich people are hoarding cash

Yup. Juxtaposed the 7 and 9
Bacchus01 wrote:
Tue Sep 10, 2019 7:25 am
edge wrote:
Tue Sep 10, 2019 7:14 am
No. It’s an increase of around 10%. Or an increase of 2.7 percentage points.
Richard1580 wrote:
Mon Sep 09, 2019 9:24 pm
27.2% to 27.9% is an increase of 2.5%. That is a rounding error.
I’m pretty sure you’re not looking at the numbers you posted.
by edge
Tue Sep 10, 2019 7:14 am
Forum: Investing - Theory, News & General
Topic: Rich people are hoarding cash
Replies: 233
Views: 34881

Re: Rich people are hoarding cash

No. It’s an increase of around 10%. Or an increase of 2.7 percentage points.
Richard1580 wrote:
Mon Sep 09, 2019 9:24 pm
27.2% to 27.9% is an increase of 2.5%. That is a rounding error.
by edge
Sun Sep 08, 2019 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Who else offers an account like Fidelity Cash Management?
Replies: 19
Views: 2474

Re: Who else offers an account like Fidelity Cash Management?

No, the best feature was the use of VG MMF which was a good feature indeed. It would make a nice wiki article, possibly the first that discusses brokers but does not mention Vanguard in any way. :happy It would be mentioned. "Vanguard used to offer a similar product, Vanguard Advantage, which had ma...
by edge
Thu Sep 05, 2019 7:36 pm
Forum: Personal Consumer Issues
Topic: Bamboo Flooring
Replies: 20
Views: 2519

Re: Bamboo Flooring

I had teragren bamboo floors in the basement of a house I owned. 7.5 inch planks iirc. Looked great, performed great.
by edge
Tue Sep 03, 2019 1:14 pm
Forum: Personal Consumer Issues
Topic: Old house with old flooring and no subfloor -- put new flooring on top?
Replies: 13
Views: 1473

Re: Old house with old flooring and no subfloor -- put new flooring on top?

Not a good idea imo. Any floor above will need to be glued or otherwise adhered, possibly nailed, all of which will damage your original flooring. A subfloor on top would need to be fastened as well

Plus it will be hard to keep transitions etc in good shape. You will lose ceiling height too.