Search found 146 matches

by poundwise
Sat Jul 25, 2020 8:57 am
Forum: Personal Consumer Issues
Topic: Costco’s Kirkland Signature as a free lunch
Replies: 9
Views: 1483

Re: Costco’s Kirkland Signature as a free lunch

Thanks for sharing!

What I wouldn't give for an special X-Ray machine that tells me what manufacturer actually makes white-label products. Then again, it seems like you can just about always trust Kirkland, so other than curiosity, it might not matter...
by poundwise
Wed Jul 15, 2020 7:40 pm
Forum: Personal Consumer Issues
Topic: Which household items have made your life easier/more convenient/happier?
Replies: 82
Views: 6875

Re: Which household items have made your life easier/more convenient/happier?

Cherry pitter.

https://www.amazon.com/OXO-Grips-Cherry ... B008FWD4HQ

Some up front work, but then uninterrupted pit-free cherishing of those delicious fruits. Kind of a metaphor for the Boglehead financial plan, actually.
by poundwise
Mon Jun 08, 2020 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: How do I get the best mortgage?
Replies: 32
Views: 3462

Re: How do I get the best mortgage?

I have the exact same question, and am just at the earliest stages of research. This whole thing seems like a really annoying process that involves too much time calling people, investing in understanding fees, hidden and otherwise, etc. Blech. Has anyone tried better.com? They claim to help cut thr...
by poundwise
Sun Feb 23, 2020 4:18 pm
Forum: Personal Investments
Topic: etrade money market funds
Replies: 2
Views: 539

Re: etrade money market funds

Thank you so much for this reply. I was excited to see that VMFXX is available and transaction-fee free.

I have now seen your other post with extensive research on etrade vs vanguard. That's a cornucopia of information! Thank you.
by poundwise
Sun Feb 23, 2020 4:15 pm
Forum: Personal Investments
Topic: Considering switch from Vanguard to eTrade...pros, cons and other input?
Replies: 188
Views: 18844

Re: Considering switch from Vanguard to eTrade...pros, cons and other input?

Thank you much for this detailed research. I am in a very similar boat -- switching a portion of my assets to etrade -- and have greatly benefitted from your research. As someone who will not be using the etrade cash management features, here are the only downsides that mattered to me thus far (both...
by poundwise
Thu Feb 13, 2020 2:57 am
Forum: Personal Investments
Topic: etrade money market funds
Replies: 2
Views: 539

etrade money market funds

Does anyone know the best way to invest in a reasonable-yielding money market funds at eTrade? For example, is there an etrade equivalent of Vanguard Prime Money Market https://investor.vanguard.com/mutual-funds/profile/VMMXX? Or do you just have to invest in VMMXX itself, possibly grinning and bear...
by poundwise
Sun Jan 26, 2020 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 45102

Re: Engineers - What are you making? ($$$)

Great thread! I wonder how the data here compares with that in Glassdoor, Blind, etc.

Anyone want to compile the responses in the form (comp, engineer type, yrs experience, cost of living) and report back the summary statistics? :)
by poundwise
Wed Dec 25, 2019 12:50 am
Forum: Personal Consumer Issues
Topic: Help not being a Scrooge with presents
Replies: 49
Views: 4062

Re: Help not being a Scrooge with presents

I've read it's getting cool for millennials to buy less "stuff" and invest more in "experiences." Great news for the planet. But I agree with OP, and my relatives still are catching up on this one as well. Check out the "The Deadweight Loss of Christmas" -- a great rese...
by poundwise
Mon Dec 02, 2019 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: "bogleheads" for estates ?
Replies: 32
Views: 3028

Re: "bogleheads" for estates ?

Excellent topic. This could be a great area for a bogleheads wiki entry, provided disclaimers were plastered everywhere.

I haven't bought this book, but love the title:
https://www.amazon.com/How-Die-Without- ... 0312244010
by poundwise
Thu May 09, 2019 9:58 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2807
Views: 445917

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I secured $7,000 in bonuses in 7 days. I'm very happy. 1. Yesterday, Fidelity granted me a $3,000 retention bonus. Here's how I did it: I went into the local Fidelity office and set an appointment with my advisor. (Only the second time in 20 years I've met with the assigned rep). I shared that I wa...
by poundwise
Sat Jan 26, 2019 3:16 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1503
Views: 178609

Re: What frugal thing did you do today?

When I occasionally splurge and buy a coffee shop latte, I sometimes bring my own cocoa in a small tupperware to make it a mocha. Not worth the extra 75 cents they charge for a couple squirts of chocolate. Not many people in life would get this, but perhaps some Bogleheads might...
by poundwise
Sat Jan 26, 2019 3:12 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 63143

Re: John Bogle has died at age 89

Something I reflect on is how much mental relief Jack Bogle has saved me, and I am sure countless others. Yes, there is absolutely the mental relief of having enough money to not have to worry about living paycheck to paycheck -- that is enormous and he has helped with that for so many. But there is...
by poundwise
Mon Oct 15, 2018 2:26 am
Forum: Personal Investments
Topic: invest in sears bond maturing next week 10/15 , trading at 58c on the $
Replies: 18
Views: 2850

Re: invest in sears bond maturing next week 10/15 , trading at 58c on the $

OP: while this is a decidedly un-Bogley move, would you mind sharing your process for the edification of others?

Where do you buy and sell these bonds?
How much are the trading fees?
How do you check the market price?
How much is the spread? (And do you care about this when trading?)
by poundwise
Wed May 16, 2018 5:46 pm
Forum: Personal Consumer Issues
Topic: Any experience with Blue Apron?
Replies: 34
Views: 3976

Re: Any experience with Blue Apron?

I’ve been using Blue Apron about once a month for the last 6 months, albeit with extreme guilt. As others have alluded, the amount of packaging waste generated is astronomical. The biggest culprits are the bags of frozen gel and the giant thermal blanket that is wrapped around everything. To the bes...
by poundwise
Tue May 08, 2018 6:56 pm
Forum: Investing - Theory, News & General
Topic: WSJ--Fidelity Employees Fired After Alleged Misuse of Reimbursement Programs
Replies: 51
Views: 8939

Re: WSJ--Fidelity Employees Fired After Alleged Misuse of Reimbursement Programs

Employee theft is a big deal. I wouldn't be surprised if the true cost were much higher than the number quoted in the article below.

https://www.cnbc.com/2017/09/12/workpla ... -year.html
by poundwise
Thu Mar 29, 2018 3:35 pm
Forum: Personal Consumer Issues
Topic: Fitbit One alternative? (simple clip pedometer)
Replies: 9
Views: 4106

Re: Fitbit One alternative? (simple clip pedometer)

What a great list -- thank you, Mudpuppy! I will check these out. Interesting that so many of these clips don't have a display to show the number of steps. I'm realizing now that I am a bit pickier than I thought. Also, I just noticed that Fitbit is still selling its One device on Amazon...for $259!...
by poundwise
Thu Mar 29, 2018 10:54 am
Forum: Personal Consumer Issues
Topic: Fitbit One alternative? (simple clip pedometer)
Replies: 9
Views: 4106

Re: Fitbit One alternative? (simple clip pedometer)

I realize the phone has some great apps, but I prefer not to take it along when I am walking or jogging. @travelgeek: firmware aside, thanks for the commentary on the Zip. I might go with that if nothing else surfaces. There are many lesser known pedometers listed for sale on amazon in the 10-15 dol...
by poundwise
Thu Mar 29, 2018 1:42 am
Forum: Personal Consumer Issues
Topic: Fitbit One alternative? (simple clip pedometer)
Replies: 9
Views: 4106

Fitbit One alternative? (simple clip pedometer)

TL;DR: Anyone have a recommendation for an alternative to the recently discontinued Fitbit One, Fitbit's "clip" product? I was sad to see that Fitbit discontinued the One. I loved that it was a slim, simple pedometer that you could clip in your pocket, and that it synched with your phone a...
by poundwise
Fri Feb 02, 2018 12:57 am
Forum: Forum Issues and Administration
Topic: Fewer acronyms please
Replies: 119
Views: 16919

Re: Fewer acronyms please

Every company I have worked for has had its own set of acronyms. Some were unique to the company, while others were more universal. The solution? An acronym guide. Company newbies were given the link during orientation. For Bogleheads, maybe a wiki page is in order. It could include both finance acr...
by poundwise
Sun Jan 21, 2018 2:03 pm
Forum: Personal Consumer Issues
Topic: Save all this money, what do you splurge on?
Replies: 193
Views: 21951

Re: Save all this money, what do you splurge on?

Here is what I should splurge on but can't bring myself to due to my Boglehead ways: the delicious-smelling, $29.99 / pound cheese in the artisanal cheese section of Whole Foods.
by poundwise
Sat Jan 06, 2018 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: How much are you putting in a 529?
Replies: 111
Views: 15405

Re: How much are you putting in a 529?

I "superfunded" the 529 for each of our two very young children, dropping 5 times the annual gift contribution into Vanguard's aggressive growth portfolio at their births. Each stands at around 100K now. My logic was similar to that of 18_bank_accounts, I think. The way I see it: - we had ...
by poundwise
Sun Dec 31, 2017 12:57 pm
Forum: Investing - Theory, News & General
Topic: Muni Money Market funds starting to look good!
Replies: 139
Views: 32644

Re: Muni Money Market funds starting to look good!

I just acted on the higher muni MM yields, moving my "dry powder" from VUSXX (treasury money market) to VCTXX (California muni money market). I've used VUSXX as my money market fund since 2009-10, when it gave me moderate comfort about "end of the financial world" scenarios. Now ...
by poundwise
Mon Dec 11, 2017 2:46 am
Forum: Personal Investments
Topic: Bitcoin IRA
Replies: 28
Views: 3473

Re: Bitcoin IRA

This thread quickly turned into a replica of the dozens of others about whether Bitcoin is a bubble. While all the caveats and basic lessons about putting money into Bitcoin are appropriate, the OP's title raises a good question: If one does want to want to damn the torpedoes and invest tax-deferred...
by poundwise
Sun Nov 12, 2017 4:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Reduces 529 Fees
Replies: 10
Views: 1954

Re: Vanguard Reduces 529 Fees

Thanks for the dissection of these fees, Spirit Rider. I noticed that Vanguard was careful to break out the .04 underlying fund expense from the .12 program management fees, but where that .12 went was still a mystery. It sounds like getting the program fees to drop is not totally in Vanguard's cont...
by poundwise
Sat Nov 11, 2017 8:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Reduces 529 Fees
Replies: 10
Views: 1954

Re: Vanguard Reduces 529 Fees

Huh? Vanguard is a for-profit brokerage and they are currently losing a price war to other fund providers who have been announcing their lower fees left and right. As for their 529 plan - they don't even offer the cheapest way to access Vanguard funds in a 529. Good call -- Indeed Vanguard is also ...
by poundwise
Sat Nov 11, 2017 7:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Reduces 529 Fees
Replies: 10
Views: 1954

Vanguard Reduces 529 Fees

I was pleased to receive an email a few days ago indicating Vanguard reduced fees on most of its 529 plan funds, with the lowest expense ratio dropping from .17% to .16%. Here's the document they referenced: https://personal.vanguard.com/pdf/529progdesc.pdf Even though it is still frustrating that V...
by poundwise
Thu Oct 12, 2017 2:41 am
Forum: Investing - Theory, News & General
Topic: Buy when there's blood in the streets!
Replies: 39
Views: 7969

Re: Buy when there's blood in the streets!

I've been waiting for "blood in the streets" since I missed buying during the 1997 Asian financial crisis. Moral of the story: don't wait that long.*

*I did buy in 2008/9, but not enough, as I was waiting for more blood.
by poundwise
Mon Oct 09, 2017 5:19 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2807
Views: 445917

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

From the comments, it looks like in many cases brokerages are willing to offer bonuses beyond those that are publicly listed. Has anyone managed to get a bonus beyond the "$2500 for 1M," which is where public offers typically max out?
by poundwise
Wed Aug 02, 2017 3:42 am
Forum: Investing - Theory, News & General
Topic: Anyone following the latest in Bitcoin and cryptocurrency news?
Replies: 25
Views: 8162

Re: Anyone following the latest in Bitcoin and cryptocurrency news?

Wow, in the three months since I started this thread, there has been a world of change in the crypto-world: * Bitcoin hitting an all time high this week of over $1600, with a market cap breaking $25B. -> A Bitcoin now sits at ~$2700, with a market cap of $44B. * Many alternative currencies surging a...
by poundwise
Sat May 06, 2017 1:18 pm
Forum: Investing - Theory, News & General
Topic: Anyone following the latest in Bitcoin and cryptocurrency news?
Replies: 25
Views: 8162

Anyone following the latest in Bitcoin and cryptocurrency news?

I would love to hear the (sobering) Boglehead perspective on the latest in the fascinating world of cryptocurrency. So many developments: * Bitcoin hitting an all time high this week of over $1600, with a market cap breaking $25B. * Many alternative currencies surging as well, including one (Ethereu...
by poundwise
Sun Feb 19, 2017 3:04 pm
Forum: Personal Consumer Issues
Topic: Tesla Model X Review, 2 Months In
Replies: 42
Views: 7654

Re: Tesla Model X 2 Months Review

Thank you Cannondale and others for taking the time to give this information to the community. The Model X has long been my car crush, but I haven't been in a position to buy one. These issues do sound annoying, but also sound mostly solvable with better QA. I want to thank you and other early adopt...
by poundwise
Fri Jan 06, 2017 10:13 pm
Forum: Investing - Theory, News & General
Topic: Bogle worried Vanguard is getting too big
Replies: 68
Views: 19306

Re: Bogle worried Vanguard is getting too big

There's also this: http://www.slate.com/articles/news_and_politics/view_from_chicago/2015/04/mutual_funds_make_air_travel_more_expensive_institutional_investors_reduce.html http://www.nytimes.com/2016/12/07/opinion/a-monopoly-donald-trump-can-pop.html The argument is that the concentration in the mu...
by poundwise
Tue Dec 20, 2016 5:04 pm
Forum: Personal Investments
Topic: Capital Gains and Unwanted Mergers (BAXALTA / SHIRE)
Replies: 4
Views: 886

Re: Capital Gains and Unwanted Mergers (BAXALTA / SHIRE)

Same thing happened to us this year when Johnson Controls merged with Tyco. The M&A guys did some kind of back flip with a double twist deal that landed the JCI shareholders (us) with cash and something still called Johnson Controls (same ticker as before) but treated for tax purposes as a sale...
by poundwise
Mon Dec 19, 2016 7:19 pm
Forum: Personal Investments
Topic: Capital Gains and Unwanted Mergers (BAXALTA / SHIRE)
Replies: 4
Views: 886

Capital Gains and Unwanted Mergers (BAXALTA / SHIRE)

Hi all: I am a Boglehead, but have some residual individual stocks from before I saw the light. One of these was BAXALTA, which in 2016 merged with a company called SHIRE. I am trying to figure out the capital gain situation. In exchange for each BAXALTA share, I received some cash and a fraction of...
by poundwise
Sun Nov 06, 2016 5:25 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2807
Views: 445917

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Has anyone had success busting through the $2500 bonus cap for a *single* account? The $3250 referenced before sounds like it crossed several accounts/EINs. Would love to hear which brokerages might do this.
by poundwise
Sat Oct 22, 2016 7:05 pm
Forum: Investing - Theory, News & General
Topic: "Exchange Process Fee" at Schwab - what is this?
Replies: 5
Views: 8599

Re: "Exchange Process Fee" at Schwab - what is this?

Thank you, folks. As usual, the educated crowd has shed light. Since I rarely sell stock, that could indeed be why I never noticed this before. I'll keep an eye out to see how this works on other brokerages.
by poundwise
Sun Oct 16, 2016 11:15 pm
Forum: Investing - Theory, News & General
Topic: "Exchange Process Fee" at Schwab - what is this?
Replies: 5
Views: 8599

"Exchange Process Fee" at Schwab - what is this?

Hi all -- I recently made some trades at Schwab and saw a new "Exchange Process Fee" listed for each trade. Not the commission, that was a separate line item. The Exchange Process Fee varied in proportion to the number of shares (or dollar value) traded. It was mostly in the cents, but for...
by poundwise
Sun Oct 16, 2016 10:54 pm
Forum: Forum Issues and Administration
Topic: forumsee.com mirroring Boglehead content. Authorized?
Replies: 16
Views: 9826

Re: forumsee.com mirroring Boglehead content. Authorized?

FYI, the site listed in the title is still up as of today.
by poundwise
Mon Nov 10, 2014 9:43 pm
Forum: Forum Issues and Administration
Topic: forumsee.com mirroring Boglehead content. Authorized?
Replies: 16
Views: 9826

forumsee.com mirroring Boglehead content. Authorized?

When I performed a Google search to find an old Bogleheads post, the top search result was a page on forumsee.com. Forumsee appears to have scraped all historic Bogleheads content to then offer it back up with Google AdSense ads. Some of the content is from today, so it is very up to date. Here is a...
by poundwise
Wed Oct 29, 2014 10:23 am
Forum: Personal Finance (Not Investing)
Topic: IRS letter claiming return is late - anyone experience this?
Replies: 51
Views: 13117

Re: IRS letter claiming return is late - anyone experience t

OP here. Thought I'd close the loop on this. In response to the penalty, I wrote back to write something like, "You have a postmark showing I mailed the return 4 days late. How about reducing the penalty to 4x20=$80 instead of 13x20=$260." No dice. The return letter was actually kind of a ...
by poundwise
Thu Oct 16, 2014 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another overfunded 401k question
Replies: 6
Views: 1614

Re: Yet another overfunded 401k question

Wow, Alan S, you are really cleaning up here. Thank you! Looks like I will have to amend my 2013 return. You are truly a fountain of information.
by poundwise
Wed Oct 15, 2014 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another overfunded 401k question
Replies: 6
Views: 1614

Re: Yet another overfunded 401k question

Fantastic. Thanks, folks!
by poundwise
Wed Oct 15, 2014 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another overfunded 401k question
Replies: 6
Views: 1614

Yet another overfunded 401k question

Hi folks -- after switching jobs mid 2013, I accidentally overfunded my 401k because I maxed out on deferrals from both employers. I requested from employer #1 a distribution of the excess, and they promptly mailed me a check for the overfunded amount, along with interest, April 10 of this year. Per...
by poundwise
Thu Sep 18, 2014 8:53 pm
Forum: Investing - Theory, News & General
Topic: Yen almost @ 109 to the dollar
Replies: 19
Views: 2819

Re: Yen almost @ 109 to the dollar

tigermilk wrote:Not sure if Japan is still engaging in their own form of QE.
Yes, and the policy even has its own Wikipedia page: http://en.wikipedia.org/wiki/Abenomics.
by poundwise
Mon Sep 01, 2014 12:45 pm
Forum: Personal Consumer Issues
Topic: Vanguard is finally getting Two Factor Auth (2FA)
Replies: 28
Views: 7633

Re: Vanguard is finally getting Two Factor Auth (2FA)

Thank you thank you thank you! https://www.youtube.com/watch?v=IUZEtVbJT5c Incidentally, the Vanguard Twitter response to the question of whether Vanguard will be offering 2fa was "We'll be adding functionality that allows passcodes to be sent via text message by year-end." That sounds lik...
by poundwise
Sat Aug 30, 2014 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: IRS letter claiming return is late - anyone experience this?
Replies: 51
Views: 13117

Re: IRS letter claiming return is late - anyone experience t

OP here. Just thought I would follow up, since the outcome surprised me. It turns out that in my frenzy, I overlooked that the penalty was regarding the return I mailed a year ago (and not the return I mailed this January 15). The IRS took the time to write a response that included a scanned copy of...
by poundwise
Wed May 14, 2014 6:53 pm
Forum: Investing - Theory, News & General
Topic: High Net Worth Investing
Replies: 84
Views: 14652

Re: High Net Worth Investing

Not a silly question at all. Many HNW individuals think about this, though of course most do not.* I wouldn't consider putting more than 5% of your portfolio out of work to hedge against black swans, provided you are still interested in wealth accumulation. But here are a few bets you could consider...
by poundwise
Wed May 14, 2014 4:44 pm
Forum: Investing - Theory, News & General
Topic: Levels of Thinking
Replies: 6
Views: 2150

Re: Levels of Thinking

Thanks for sharing - this is a very useful framework! A punchy way to help people know what they don't know. I would have phrased the fifth level: "Actually being able to generate market-beating returns. Extremely rare, and frequently confused with Third Level thinking." Note that the orig...
by poundwise
Fri May 02, 2014 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: What's your number?
Replies: 147
Views: 36430

Re: What's your number?

At a social gathering recently, an acquaintance in his 30s (who works at Google) told me that he needs $20M-$25M to retire. After I was done picking up my jaw from the floor, I asked him where he got that number from (I was wondering if his number was based on a yearly expenditure multiplier or som...
by poundwise
Fri Apr 25, 2014 3:32 pm
Forum: Personal Investments
Topic: "Rollover IRA" vs "Traditional IRA"
Replies: 12
Views: 2977

Re: "Rollover IRA" vs "Traditional IRA"

A rollover IRA is protected without dollar limit in the event of bankruptcy filing in federal courts. Fascinating. I Googled this and the first result I read, from the WSJ, suggests this might not be bulletproof. From http://online.wsj.com/news/articles/SB124181801239401917 (possible paywall): Ther...