Search found 192 matches

by boglestan
Wed Feb 24, 2016 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover Nationwide 401k to Vanguard IRA
Replies: 2
Views: 592

Rollover Nationwide 401k to Vanguard IRA

I'm changing jobs, and I'd like to take the money in my old job's Nationwide (good riddance) 401k and roll it over into a Vanguard Traditional IRA. Two questions: * Have any of you done this particular rollover, and was there anything problematic about dealing with Nationwide? * Does it require a me...
by boglestan
Sat Feb 09, 2013 2:24 am
Forum: Personal Consumer Issues
Topic: Is it safe to cook/heat food in a tin can?
Replies: 29
Views: 5278

Re: Is it safe to cook/heat food in a tin can?

gwrvmd wrote:As mentioned above, if it wasn't safe most GIs who served prior to 1965 would be dead. A can of hot dogs and beans heated on the hot muffler of a jeep fed many a man...Gordon
The cans were different. They weren't lined with plastic like they are now.
by boglestan
Sat Feb 02, 2013 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion recharacterization - tax reporting
Replies: 1
Views: 356

Re: Roth conversion recharacterization - tax reporting

Wow. I just ran through TurboTax and it asked me about conversion and recharacterization and seems to have automatically done the right thing... TaxACT was clueless. TurboTax also automatically imported tax forms from Vanguard. Pretty slick.
by boglestan
Sat Feb 02, 2013 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion recharacterization - tax reporting
Replies: 1
Views: 356

Roth conversion recharacterization - tax reporting

This is really confusing. I've read the form 8606 directions, this , and various web articles, and I can't reconcile them. I had a Vanguard Traditional IRA that I converted to Roth during 2012. In January 2013, I changed my mind and told Vanguard to recharacterize the full amount back to Traditional...
by boglestan
Sat Dec 01, 2012 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 557
Views: 326518

Re: Mango prepaid card - 6% APY

Sadly, they seem to have caught on to the monthly fee avoidance trick. They're now debiting the monthly fee regardless of my prepaid balance, and the prepaid account just sits at negative $5 until more money is transferred in. So it's now effectively 4.8% interest, if you have a $5000 balance. If t...
by boglestan
Tue Nov 06, 2012 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 557
Views: 326518

Re: Mango prepaid card - 6% APY

Sadly, they seem to have caught on to the monthly fee avoidance trick. They're now debiting the monthly fee regardless of my prepaid balance, and the prepaid account just sits at negative $5 until more money is transferred in. So it's now effectively 4.8% interest, if you have a $5000 balance.
by boglestan
Thu Sep 27, 2012 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 557
Views: 326518

Re: Mango prepaid card - 6% APY

funktuna wrote:Has anyone successfully done an ACH with Ally Bank? It tells me that the routing number isn't valid. I just typed it in from my direct deposit page.
Did you try removing the hyphens?
by boglestan
Tue Sep 25, 2012 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 557
Views: 326518

Re: Mango prepaid card - 6% APY

I just learned that they don't charge the $5 fee on the 5th of every month. They charge it on whichever day is the anniversary of you opening that account.

I've updated the first post to reflect this.
by boglestan
Wed Aug 29, 2012 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 557
Views: 326518

Re: Just heard about this prepaid card - 6% APY on first $50

When did you know what your ach transfer was treated as a direct deposit? Did you get the $20 bonus first or just see the interest was 6%? I never got the $20 bonus. I got my first interest payment and calculated the average daily balance and the interest came to 6%. Interest is paid on the last da...
by boglestan
Mon Aug 27, 2012 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 557
Views: 326518

Re: Just heard about this prepaid card - 6% APY on first $50

So, looking at this: If I transfer in $5000, and then just setup a $50 DD every month to the savings... and then just take the hit on the lower savings interest - The difference in my ING rate and the .10% rate I'll get (assuming the $600 was in the whole year, which it isn't) would equal out to $4...
by boglestan
Fri Aug 24, 2012 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 557
Views: 326518

Re: Just heard about this prepaid card - 6% APY on first $50

I just went through the Mango customer agreement and I couldn't find anything stating that an individual can only have one account, so, on a whim, I tried signing up for a second account. I used an alias for my same email address, so I can differentiate the emails they send me, and the form required...
by boglestan
Wed Aug 08, 2012 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 557
Views: 326518

Re: Just heard about this prepaid card - 6% APY on first $50

This looks like a great idea, and I don't mind the work for 6%. The major problem I see is getting your money out. Since it isn't a bank, you can't just withdrawal the savings. You'd have to use an ATM and incur even more fees, or spend the $5,000 from your credit card. (FYI - ATM fee is $2 + any s...
by boglestan
Wed Aug 08, 2012 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 557
Views: 326518

Re: Just heard about this prepaid card - 6% APY on first $50

Doesn't that mean you could ACH "push" $50 (or $500 for that matter) onto your prepaid card; then use a text message to transfer the entire amount to your savings account? Now you don't have to go through any of the hassle of spending the $50 that month (and it only cost you 50 cents). If you have ...
by boglestan
Wed Jul 18, 2012 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: 27yo investing noob requesting help
Replies: 13
Views: 2025

Re: 27yo inversting noob requesting help

It's not a terrible idea but it's not a great one, either. Read up on the Boglehead philosophy: http://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_philosophy A Vanguard Target Retirement fund, as Johm221122 mentions, would be a great choice. It seems to me like you have a lot of cash on hand...
by boglestan
Wed Jul 18, 2012 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Brokerage Firms
Replies: 20
Views: 1936

Re: Brokerage Firms

It's very common but usually there is a reason. In your case, I'd need a reason to open a brokerage account outside of Vanguard. Their $20/yr brokerage fee could be one reason... although if you have 50k of assets at Vanguard, the $20 fee is waived. Vanguard's trading fee is $7 which I think is fair...
by boglestan
Wed Jul 18, 2012 7:02 pm
Forum: Personal Consumer Issues
Topic: AT&T's new sharing plans
Replies: 16
Views: 2884

Re: AT&T's new sharing plans

I agree with blueballoon. AT&T is pushing people to unlimited calling/texting at a hefty premium when people are using fewer and fewer mobile minutes (thanks to smartphones, texting, Skype, etc.) We have two iPhones, one with unlimited data, the other with 1GB, and we have more minutes than we can ...
by boglestan
Wed Jul 18, 2012 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: FA Trying to Reel Me Back In, Feedback Please
Replies: 64
Views: 6163

Re: FA Trying to Reel Me Back In, Feedback Please

the market has not made any progress since thirteen years ago What?!? VBINX, Vanguard Balanced Index -- which is 60% US stocks and 40% US bonds -- is up 70% in the last 13 years. (CAGR of 4.2%). Total Stock Market is up 35%, a CAGR of 2.3%. The 2000's were not a good decade for stocks, that is true...
by boglestan
Wed Jul 18, 2012 1:07 pm
Forum: Investing - Theory, News & General
Topic: What is your total expense ratio?
Replies: 46
Views: 4266

Re: What is your total expense ratio?

About 0.20%. TSM and TISM Investor shares.
by boglestan
Tue Jul 17, 2012 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 557
Views: 326518

Re: Just heard about this prepaid card - 6% APY on first $50

Another update: I just discovered a way around the $5 monthly fee. They'll only charge the fee if you actually have money in your prepaid account. If you have less than $5, then they'll take whatever you have and leave you with $0. They won't try to collect the rest of it at a later date, even if yo...
by boglestan
Thu Jul 12, 2012 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Got a disability quote from Berkshire/Guardian. Next steps?
Replies: 48
Views: 5487

Re: Got a disability quote from Berkshire/Guardian. Next ste

most policies are cheaper if you pay yearly I did notice that with other companies' quotes, but with Guardian it doesn't seem to matter what the payment frequency is. "**Refers to Guard-O-Matic--our automatic premium payment option. There is no service fee when your premium is automatically deducte...
by boglestan
Thu Jul 12, 2012 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Got a disability quote from Berkshire/Guardian. Next steps?
Replies: 48
Views: 5487

Re: Got a disability quote from Berkshire/Guardian. Next ste

OK! I've arrived at a policy that I think I'm ready to go ahead with: Guardian Provider Plus Assuming occupation class 5 Base benefit $1500/mo (about half of what I could get) Social insurance substitute $1500/mo (covers the other half, if social security doesn't, and gives me a discount vs. getting...
by boglestan
Wed Jul 11, 2012 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Got a disability quote from Berkshire/Guardian. Next steps?
Replies: 48
Views: 5487

Re: Got a disability quote from Berkshire/Guardian. Next ste

I just talked to the DisabilityQuotes.com guy about my occupation class. Basically he said it comes down to whether I am a "software engineer" (class 5) vs. a "software programmer" (class 4). My title is neither (it's "software developer") but it's basically a synonym for software engineer, and my d...
by boglestan
Wed Jul 11, 2012 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Active vs. Index - How to persuade spouse
Replies: 15
Views: 2373

Re: Active vs. Index - How to persuade spouse

Just tell her you were wrong and you've learned better. Explain the basics of Boglehead methodology. Tell her of all of the countless people that post here after being ripped off for years. Comparing performance over the last year is a losing game no matter what -- you can't prove anything by doing ...
by boglestan
Wed Jul 11, 2012 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Got a disability quote from Berkshire/Guardian. Next steps?
Replies: 48
Views: 5487

Re: Got a disability quote from Berkshire/Guardian. Next ste

Agent checked with Guardian and they said to be a 5 I'd need a bachelor's degree and around 100k of income. She said Standard and Principal were also confident of me being a 4.
by boglestan
Tue Jul 10, 2012 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Got a disability quote from Berkshire/Guardian. Next steps?
Replies: 48
Views: 5487

Re: Got a disability quote from Berkshire/Guardian. Next ste

Are you doing this on your own or have you had the chance to consult with an agent? DI is a tricky issue and it is always helpful to have someone in your corner who is experienced AND has your best interest at heart. I'm just emailing with various agents. I don't really trust them or know enough to...
by boglestan
Tue Jul 10, 2012 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Got a disability quote from Berkshire/Guardian. Next steps?
Replies: 48
Views: 5487

Re: Got a disability quote from Berkshire/Guardian. Next ste

It looks like my classification as occupation class 5 is doubtful. I'm probably 4. And that really bumps up the price... I now have quotes from Guardian and Standard, and they're seemingly quite similar. Guardian Provider Plus class 4 $3180/mo benefit - base cost $886.06 To age 65 non-cancellable re...
by boglestan
Tue Jul 10, 2012 12:57 pm
Forum: Investing - Theory, News & General
Topic: Investors day trading within 401(k)s, IRAs.
Replies: 62
Views: 5760

Re: Investors day trading within 401(k)s, IRAs.

Buy and hold is not what is recommended on this site What a baffling thing to say... "Know that buy-and-hold investing is not dead, but you have to put the asset allocation factor in there." - John Bogle -- http://www.fool.com/investing/general/2009/06/16/bogle-on-buy-and-hold-and-the-long-of-long-...
by boglestan
Tue Jul 10, 2012 12:40 pm
Forum: Personal Consumer Issues
Topic: Spreadsheets That Are Very Stable?
Replies: 38
Views: 2966

Re: Spreadsheets That Are Very Stable?

A few hundred thousand rows might be too much for Excel or even Access (I wouldn't know), but it's really not that much data. You don't even need Postgres or MySQL -- you could most likely use SQLite. SQLite is at least vaguely approachable by non-IT people, because it's an embedded DB library and y...
by boglestan
Mon Jul 09, 2012 6:24 pm
Forum: Personal Consumer Issues
Topic: A true Boglehead: a car with 3 million miles
Replies: 21
Views: 2329

Re: A true Boglehead: a car with 3 million miles

ClevrChico wrote:It proves a car can go a VERY long time. I'm sure most could go 20 - 30 years without much of a problem. With some work, forever.
Cuba is a perfect example of this.
by boglestan
Fri Jul 06, 2012 6:02 pm
Forum: Investing - Theory, News & General
Topic: Principle mortgage payment considered savings?
Replies: 65
Views: 5566

Re: Principle mortgage payment considered savings?

I've never had a mortgage or owned a house, but in my mind: Principal payments are savings, roughly speaking, assuming that your home's value will remain pretty stable. You're putting money into an asset, albeit illiquid, and you can liquidate that asset later to get the money back (after paying tra...
by boglestan
Fri Jul 06, 2012 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: advice on asking for a raise
Replies: 9
Views: 923

Re: advice on asking for a raise

I would be more concerned about getting off the sinking ship.
by boglestan
Fri Jul 06, 2012 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Got a disability quote from Berkshire/Guardian. Next steps?
Replies: 48
Views: 5487

Re: Got a disability quote from Berkshire/Guardian. Next ste

The Guardian policy with residual/COLA/FIO is a better contract than Principal. Guardian's Limited policy with true own-occ/residual/COLA is more similar to Principal's. Guardian's FIO is a lot more flexible than Principal's Benefit Update, and the BU is terminated if you do not accept the increase...
by boglestan
Fri Jul 06, 2012 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Investing for a 3-5 year time horizon in a taxable account
Replies: 7
Views: 4324

Re: Investing for a 3-5 year time horizon in a taxable accou

I'd probably keep it simple with Total Bond Market, Short-Term Bond Index, and Prime Money Market -- rebalancing every 6-12 months so that the average duration matches the amount of time left -- until it's 100% money market. I don't think muni bonds would really help since your tax bracket is so low...
by boglestan
Fri Jul 06, 2012 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Got a disability quote from Berkshire/Guardian. Next steps?
Replies: 48
Views: 5487

Re: Got a disability quote from Berkshire/Guardian. Next ste

Just got my Principal quote. $3200/mo benefit - a bit more than Guardian's 3000. True own occupation, with residual disability rider, and COLA, 90 day elimination period, it comes to $108.30/mo -- quite a bit more than Guardian. However, it automatically includes Benefit Update (increase coverage ev...
by boglestan
Thu Jul 05, 2012 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: What would you consider "high" in fees or expense ratio ?
Replies: 12
Views: 1467

Re: What would you consider "high" in fees or expense ratio

These are my rules of thumb: < 0.10% extremely good 0.10 - 0.25 very good 0.25 - 0.50 good 0.50 - 0.75 could be worse 0.75 - 1.00 pretty bad > 1% horrible For your purposes I would add the ER and the admin cost together, and judge that total number. So it sounds like yours are in the "good" range. T...
by boglestan
Tue Jul 03, 2012 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Fixed maturity bond funds
Replies: 24
Views: 2912

Re: Fixed maturity bond funds

Every bond , or bond fund, will lose money if interest rates rise, Could you explain this please? For decades I've been buying individual bonds and holding them to maturity, on a laddered basis. How does an individual bond held to maturity lose money if interest rates rise? In fact about a year ago...
by boglestan
Tue Jul 03, 2012 7:55 pm
Forum: Personal Consumer Issues
Topic: Hospital costs
Replies: 189
Views: 13124

Re: Hospital costs

For those of us who make less than $100k or so, there are often income-based discounts, and they can be very useful for middle class people, not just the poor. At $85k/yr we got a 30% discount and at $56k/yr we're looking to get (I think) an 80% discount. If your income is low enough, you get 100% o...
by boglestan
Tue Jul 03, 2012 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Got a disability quote from Berkshire/Guardian. Next steps?
Replies: 48
Views: 5487

Re: Got a disability quote from Berkshire/Guardian. Next ste

I've now also requested a quote directly from Standard for Protector Platinum. Principal won't give a quote to anyone with income under 60k. Who told you that about Principal? They will 100% give someone coverage making less than $60k....I have no idea why they wouldn't quote it for you. It was the...
by boglestan
Tue Jul 03, 2012 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Got a disability quote from Berkshire/Guardian. Next steps?
Replies: 48
Views: 5487

Re: Got a disability quote from Berkshire/Guardian. Next ste

I've now also requested a quote directly from Standard for Protector Platinum.

Principal won't give a quote to anyone with income under 60k.
by boglestan
Tue Jul 03, 2012 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Got a disability quote from Berkshire/Guardian. Next steps?
Replies: 48
Views: 5487

Re: Got a disability quote from Berkshire/Guardian. Next ste

I asked about the Future Increase Option. I wasn't sure what number to shoot for, so I just calculated 3% inflation (assuming my salary at least keeps pace with inflation) for 30 years (I'm 28, so I'd then be 58) and that came to about $7000/mo, whereas right now I'm at $3000/mo. I don't know if tha...
by boglestan
Tue Jul 03, 2012 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Got a disability quote from Berkshire/Guardian. Next steps?
Replies: 48
Views: 5487

Re: Got a disability quote from Berkshire/Guardian. Next ste

be sure you understand what the cola means the benefit doesnt increase until you are disabled. thus if you are disabled 20 years from now, it starts then at 36 and will increase over time. Good point. That ties into my question about income -- when my income increases, how hard/costly is it to get ...
by boglestan
Mon Jul 02, 2012 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Got a disability quote from Berkshire/Guardian. Next steps?
Replies: 48
Views: 5487

Re: Got a disability quote from Berkshire/Guardian. Next ste

Do you know why they quoted you their Provider Plus Limited policy instead of the regular Provider Plus? Big difference in benefits, not a big difference in price. The Limited policy is more comparable to what other companies offer and its benefits for residual disability, COLA, future guaranteed c...
by boglestan
Mon Jul 02, 2012 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Got a disability quote from Berkshire/Guardian. Next steps?
Replies: 48
Views: 5487

Re: Got a disability quote from Berkshire/Guardian. Next ste

90 days is the standard recommendation as there are many events which make it to 90 days but will never see 6 months. In the end, it is your personal decision, but after reading and researching, I went with the 90 days. Interesting. I hadn't thought of temporary situations like that. The next step ...
by boglestan
Mon Jul 02, 2012 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Got a disability quote from Berkshire/Guardian. Next steps?
Replies: 48
Views: 5487

Got a disability quote from Berkshire/Guardian. Next steps?

Just got my quote back through disabilityquotes.com. I'm 28, I have a non-working wife (may go back to part- or full-time work in a few years), 2 young kids. We both have term life policies. I work as a software developer/engineer (class 5), and was determined to be "Select Risk". I make $56k, which...
by boglestan
Mon Jun 11, 2012 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: A legitimate ETF question. Seriously.
Replies: 4
Views: 639

Re: A legitimate ETF question. Seriously.

You can't purchase exact-dollar amounts of ETFs. You have to fiddle with limit orders to make sure you don't pay an unreasonable price due to liquidity issues. You have to execute the trade during market hours. You have to open a brokerage account which costs $20/yr at Vanguard if your balance is be...
by boglestan
Mon Jun 11, 2012 1:38 pm
Forum: Personal Consumer Issues
Topic: Anyone else value "things" over "experiences"?
Replies: 48
Views: 4352

Re: Anyone else value "things" over "experiences"?

I don't know about the age thing. I follow the frugal and personal finance sections on reddit, and I've seen the "experiences over things" advice countless times -- and reddit is populated predominantly by 20-somethings.
by boglestan
Fri Jun 08, 2012 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: Forced to have some cash in portfolio -- reduce bonds?
Replies: 9
Views: 1116

Re: Forced to have some cash in portfolio -- reduce bonds?

Thanks for the suggestions everyone! I think I'll treat the cash as fixed income (with a poor return, heh) and go all stocks in the Vanguard account.
by boglestan
Fri Jun 08, 2012 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: Forced to have some cash in portfolio -- reduce bonds?
Replies: 9
Views: 1116

Forced to have some cash in portfolio -- reduce bonds?

I'm 28 and my desired asset allocation is 82% stocks, 18% bonds. All of my retirement funds were, until recently, in my company's Simple IRA. Now, I have reached the 2 year mark and have transferred $6500 out to a Vanguard Traditional IRA, and $700 remains in the Simple IRA. That will increase by ab...
by boglestan
Wed May 16, 2012 7:47 pm
Forum: Investing - Theory, News & General
Topic: Glide Path Asset Allocations: how and why?
Replies: 39
Views: 3552

Re: Glide Path Asset Allocations: how and why?

vincentc, it seems you are focusing on numbers only, and assuming some kind of mythical purely rational investor. The average person doesn't understand investing very well, and if they see their investments tank, they get nervous. But I think that most people have at least a vague understanding that...
by boglestan
Wed May 16, 2012 5:26 pm
Forum: Forum Issues and Administration
Topic: Can we have links opening in a new tab by default?
Replies: 17
Views: 2905

Re: Can we have links opening in a new tab by default?

The problem with making them open a new tab is that there's no way for anyone to opt out of it. It's forced upon everyone. With the normal behavior of links, you can choose whether to open in a new tab for yourself. A side note... I have to say, it does seem a bit disingenuous to say that the forum ...