Search found 133 matches

by poundwise
Wed May 16, 2018 5:46 pm
Forum: Personal Consumer Issues
Topic: Any experience with Blue Apron?
Replies: 34
Views: 3048

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: 32
Views: 4894

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: 1602

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: 1602

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: 1602

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 app so you ...
by poundwise
Fri Feb 02, 2018 12:57 am
Forum: Forum Issues and Administration
Topic: Fewer acronyms please
Replies: 119
Views: 11072

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: 19664

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: 10392

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 the funds ...
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: 26972

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 that yields are fina...
by poundwise
Mon Dec 11, 2017 2:46 am
Forum: Investing - Help with Personal Investments
Topic: Bitcoin IRA
Replies: 28
Views: 3060

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: 1667

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: 1667

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: 1667

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: 7280

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: 1206
Views: 207617

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: 6558

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: 6558

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: 6754

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: 14672

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: Investing - Help with Personal Investments
Topic: Capital Gains and Unwanted Mergers (BAXALTA / SHIRE)
Replies: 4
Views: 739

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 of ...
by poundwise
Mon Dec 19, 2016 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Capital Gains and Unwanted Mergers (BAXALTA / SHIRE)
Replies: 4
Views: 739

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: 1206
Views: 207617

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: 2589

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: 2589

"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 some larg...
by poundwise
Sun Oct 16, 2016 10:54 pm
Forum: Forum Issues and Administration
Topic: forumsee.com mirroring Boglehead content. Authorized?
Replies: 16
Views: 6173

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: 6173

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: 12021

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 lecture ab...
by poundwise
Thu Oct 16, 2014 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another overfunded 401k question
Replies: 6
Views: 1523

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: 1523

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: 1523

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: 2712

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: 7290

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 like it is li...
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: 12021

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: 13693

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: 2027

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 original artic...
by poundwise
Fri May 02, 2014 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: What's your number?
Replies: 147
Views: 35338

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: Investing - Help with Personal Investments
Topic: "Rollover IRA" vs "Traditional IRA"
Replies: 12
Views: 2492

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...
by poundwise
Fri Apr 25, 2014 1:54 am
Forum: Investing - Help with Personal Investments
Topic: "Rollover IRA" vs "Traditional IRA"
Replies: 12
Views: 2492

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...
by poundwise
Wed Apr 23, 2014 12:38 pm
Forum: Personal Consumer Issues
Topic: Amazon.com prices change quickly
Replies: 59
Views: 10251

Re: Amazon.com prices change quickly

I think the "big data" marketers get a little too much credit sometimes. A lot of their methods don't seem sophisticated at all. For instance, I've noticed that the ads that show up in my browser are related to my web searches, but most of the time they simply show me an ad for the exact product I ...
by poundwise
Wed Apr 16, 2014 11:31 pm
Forum: Investing - Theory, News & General
Topic: What is your net worth
Replies: 37
Views: 7144

Re: What is your net worth

So what direction do we think the response selection bias is in a poll like this? Are lower wealth types more likely to respond because they have less to lose from revealing their net worth in a semi-secure forum, or are higher wealth types more likely to respond because they can't help showing off?
by poundwise
Tue Apr 15, 2014 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 424
Views: 159919

Re: The Mega Backdoor Roth IRA

Just read my guidelines for my job 401k plan. Since I am a "highly compensated employee" I can't contribute to the after tax portion of my 401k. I am going to call HR tomorrow about this, doesn't make sense. :annoyed This limitation is likely due to federally imposed "non-discrimination testing" wh...
by poundwise
Tue Apr 15, 2014 2:43 am
Forum: Personal Finance (Not Investing)
Topic: Did not have fun this year doing my taxes- TT
Replies: 42
Views: 5792

Re: Did not have fun this year doing my taxes- TT

I too had less fun this year due to a mid-year move to a new state. TT was smooth for the Fed component, but was extremely unhelpful for the split state component. I also noticed that the flow of one Wizard changed after a late March update. The original version was clumsy, but the updated version w...
by poundwise
Tue Apr 15, 2014 2:19 am
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 424
Views: 159919

Re: The Mega Backdoor Roth IRA

MyMegaCorp doesn't allow after-tax non Roth contributions, but apparently many MegaCorps do (see: http://www.bogleheads.org/forum/viewtopic.php?f=11&t=104829). I had previously thought that since no solo 401k provider is known to permit after-tax, non-Roth contributions (see: http://www.bogleheads.o...
by poundwise
Thu Apr 10, 2014 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Does Your 401k Allow (Non-Roth) AFTER-TAX Contributions?
Replies: 44
Views: 11832

Re: Does Your 401k Allow (Non-Roth) AFTER-TAX Contributions?

My 15 yr old MyMegaCorp does not. Envious of those who have this option -- max out while you have the chance!
by poundwise
Wed Apr 09, 2014 11:42 pm
Forum: Investing - Theory, News & General
Topic: Google Stock Dividend
Replies: 42
Views: 4074

Re: Google Stock Dividend

Just following up, bumping the thread, and wondering if there's other GOOG stock holders in Bogleland who are seeing all their cost basis put on GOOGL, and GOOG showing a cost basis of zero. So, another alternative is to donate some GOOG shares to a DAF rather than sell them and pay tax on the full...
by poundwise
Thu Mar 27, 2014 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: IRS letter claiming return is late - anyone experience this?
Replies: 51
Views: 12021

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

It has never happened to me, but one bit of advice. I don't use certified mail, but I go the the post office, buy the right postage, and get a receipt (it's automatic, you don't have to ask). The receipt shows the amount, the date, and the destination zip.[...] Great suggestion -- this is what I lo...
by poundwise
Thu Mar 27, 2014 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: IRS letter claiming return is late - anyone experience this?
Replies: 51
Views: 12021

IRS letter claiming return is late - anyone experience this?

I just got a letter from the IRS stating that a return that was due Jan 15 was received Jan 28. They are requesting $20 / day as a penalty, or else proof of timely mailing. I postmarked the letter Jan 15 (which I verified via my own email records -- I mailed my partner to say "the return is in, what...
by poundwise
Wed Jan 22, 2014 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Why No Tax Exempt ETFs from Vanguard?
Replies: 8
Views: 995

Re: Why No Tax Exempt ETFs from Vanguard?

terrabiped wrote:Why does one need an ETF for muni bonds?
I have long wished for a Vanguard muni ETF so I could I invest using funds from non-Vanguard accounts. I have some accounts held at non-Vanguard brokers due to institutional constraints.
by poundwise
Sun Dec 01, 2013 6:54 pm
Forum: Forum Issues and Administration
Topic: Bogleheads.org should accept Bitcoin donations
Replies: 25
Views: 2782

Re: Bogleheads.org should accept Bitcoin donations

There's also the issue that the number of Bitcoins is limited to about 21 million, although other currencies allow more. Also, currently, Bitcoins can only be divided into 64ths. Imagine the whole world economy trying to get by on that limited a currency supply; the likely effect is that Bitcoins b...
by poundwise
Thu Nov 28, 2013 6:10 pm
Forum: Forum Issues and Administration
Topic: Bogleheads.org should accept Bitcoin donations
Replies: 25
Views: 2782

Re: Bogleheads.org should accept Bitcoin donations

Phineas J. Whoopee wrote:+1 for poundwise on debating points. Your argument is irregardless.
Hard to argue with this. I had better concede.