Search found 271 matches

by pyld76
Sat Nov 16, 2019 7:05 pm
Forum: Personal Investments
Topic: Questions about Fidelity Charitable DAF
Replies: 34
Views: 1890

Re: Questions about Fidelity Charitable DAF

The DAF (fidelity charitable) cuts a check the the charity. They don’t give you a checkbook because once you donate the money/security/asset to the DAF, it is owned by the DAF. It is fidelity charitable’s money, not yours. You then recommend grants to a particular charity. Fido charitable cuts the ...
by pyld76
Sat Nov 16, 2019 9:53 am
Forum: Personal Investments
Topic: Questions about Fidelity Charitable DAF
Replies: 34
Views: 1890

Re: Questions about Fidelity Charitable DAF

Who actually writes a donation check from DAF? Does DAF give you a check book? If DAF issues a donation check directly, how does it know the recipient is an eligible charitable organization? The DAF (fidelity charitable) cuts a check the the charity. They don’t give you a checkbook because once you...
by pyld76
Thu Nov 14, 2019 8:52 pm
Forum: Personal Investments
Topic: Questions about Fidelity Charitable DAF
Replies: 34
Views: 1890

Re: Questions about Fidelity Charitable DAF

This is a point I had not considered. Not much of a gala/silent auction type, however: - Do the T-shirts for walks/runs count as more than incidentals? - At what point does something count as more than incidental? - If you buy a table for an event, if the charity will allow it, can you stay out of ...
by pyld76
Thu Nov 14, 2019 8:41 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 399
Views: 42751

Re: Best CD rates thread

Saw on depositaccounts and psecu website new rates: RATE CHANGE... new PSECU CD rates effective 5pm Eastern Time 11/9/19. 2yr @ 2.00% APY, 3yr @2.25% APY, 4yr @ 2.40% APY, 5yr @ 2.55% APY I guess I will be sending my ira funds back to vanguard. I don't understand. Didn't they say they would hold th...
by pyld76
Thu Nov 14, 2019 8:33 pm
Forum: Personal Investments
Topic: After tax 401k worth
Replies: 30
Views: 1966

Re: After tax 401k worth

Have an after tax 401k. Don’t have a Roth 401k in my plan. Have a 5% HCE limit on the after tax. I max it. If you have filled all the pre-tax buckets (401k, HSA) it is a no-brainer. Allows you to get money above beyond the 6k you can backdoor into a Roth. I’ve favored it “over” taxable since it beca...
by pyld76
Tue Nov 12, 2019 2:39 pm
Forum: Personal Consumer Issues
Topic: Tech guys need help with Mesh wifi booster...
Replies: 48
Views: 2265

Re: Tech guys need help with Mesh wifi booster...

What's backhaul? You have an access point providing signal to, say, your telephone. When traffic hits the access point, it is "backhauled" to your router (and thus, presumably, the internet). That can be done wired (usually wired ethernet) or wirelessly (how wireless mesh systems do it, with a diff...
by pyld76
Tue Nov 12, 2019 2:35 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 399
Views: 42751

Re: Best CD rates thread

For those of us who have been members there for awhile, there are a number of recent reasons to question PSECU. Would you care to color that comment with more specifics? Sure. They had an IT upgrade where they took old mainframe systems and replatform/refactored to something born this century. It w...
by pyld76
Mon Nov 11, 2019 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: The lifestyle of an IT Independent Contractor?
Replies: 6
Views: 1123

Re: The lifestyle of an IT Independent Contractor?

Worked my entire career in IT as W2 but alongside many 1099 contractors. I think a distinction has to be made between a contractor - who really is just a body hired to throw onto a project and a consultant - who is hired specifically for their subject matter expertise to guide the organization. Con...
by pyld76
Mon Nov 11, 2019 11:36 am
Forum: Personal Consumer Issues
Topic: Tech guys need help with Mesh wifi booster...
Replies: 48
Views: 2265

Re: Tech guys need help with Mesh wifi booster...

I wouldn't monkey around with mesh, just use ethernet over AC and you'll have rock-solid service. Without knowing the state of the OP's home electrical wiring plant, that statement has a 1 in X (with X being unkown) chance of being true. Do that on old knob/tube serialized wiring? You might, might ...
by pyld76
Mon Nov 11, 2019 11:09 am
Forum: Personal Investments
Topic: Questions about Fidelity Charitable DAF
Replies: 34
Views: 1890

Re: Questions about Fidelity Charitable DAF

For those that have a DAF, is Fidelity's the lowest cost at $100/year for up to $16.6k in assets? For those that have a Fidelity DAF: 1. Can you move assets from your taxable to the DAF online or do you have to call them or fax them? If you are moving assets from a Fidelity brokerage account, it ca...
by pyld76
Mon Nov 11, 2019 10:28 am
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 399
Views: 42751

Re: Best CD rates thread

Saw on depositaccounts and psecu website new rates: RATE CHANGE... new PSECU CD rates effective 5pm Eastern Time 11/9/19. 2yr @ 2.00% APY, 3yr @2.25% APY, 4yr @ 2.40% APY, 5yr @ 2.55% APY I guess I will be sending my ira funds back to vanguard. I don't understand. Didn't they say they would hold th...
by pyld76
Mon Nov 11, 2019 10:18 am
Forum: Personal Investments
Topic: Coverting mutual fund shares to ETFs at Vanguard
Replies: 1
Views: 288

Re: Coverting mutual fund shares to ETFs at Vanguard

Make very sure you have good records for the non-covered shares. Before I did find to ETF conversions I made sure I had the statements (for the non-covered purchases) along with the spreadsheet I keep with purchase dates and basis. Even for the covered stuff—I had statements and my own documentation...
by pyld76
Sun Nov 10, 2019 9:33 pm
Forum: Personal Consumer Issues
Topic: RSS Reader Question
Replies: 12
Views: 760

Re: RSS Reader Question

Feedly. And I curse google for discontinuing reader.
by pyld76
Sun Nov 10, 2019 6:34 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 399
Views: 42751

Re: Best CD rates thread

How would I know if the promo rate is honored for me? My money is in flight and should be there on Monday or Tuesday. However, if I try now to open a CD account (even if I have less than $500 in there), nowhere on the page it specifies what my rate will be, it just asks me for the duration. I haven...
by pyld76
Sun Nov 10, 2019 9:45 am
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 399
Views: 42751

Re: Best CD rates thread

So, just by dint of explanation: when I asked PSECU about the ability to add to a certificate years ago, it is set up the way it is because they expected people to put in some portion of money at every pay. They didn’t design the process in a way to account for how folks might keep topping up a good...
by pyld76
Sat Nov 09, 2019 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 10508

Re: Seller's agent not letting us use a buyer's agent

Have your agent make the offer. The seller’s agent has to relay it to the seller. If the seller wants to sell the house and your offer is right, the selling agent will get over it, work it out with your agent on fees, or decide that 0 dollars is better than 3. Ultimately, on a 100 day listing, I’ll ...
by pyld76
Sat Nov 09, 2019 2:00 pm
Forum: Personal Investments
Topic: Fidelity vs Vanguard
Replies: 54
Views: 7413

Re: Fidelity vs Vanguard

I’ve have both. Everything save my money market holdings is now with fidelity. A short analysis would go like this: 1. If you absolutely must hold mutual funds (traditional) in a taxable account, prefer Vanguard. Their mutual funds benefit from the heartbeat trades of their ETF share classes in such...
by pyld76
Sat Nov 09, 2019 1:44 pm
Forum: Personal Investments
Topic: Where should I open 529? In Pa
Replies: 22
Views: 1678

Re: Where should I open 529? In Pa

Is it safe to assume you fully trust these folks? It wouldn’t be worth a small increase in ER if this wouldn’t be an option. But switching around age 16-17 appears to be the perfect plan. I’d like to do the same. Trust whom? Fidelity? If they were to “screw” folks and jack the ER up or commit anoth...
by pyld76
Sat Nov 09, 2019 1:39 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 399
Views: 42751

Re: Best CD rates thread

When I was told the offer was going to be extended until Nov 30th (by more than one PSECU CSR, by the way - in fact, I was told by at least one long-tenured CSR that she had never seen PSECU early terminate a promotional CD rate) I suspect the difference is that PSECU recently opened membership to ...
by pyld76
Sun Nov 03, 2019 11:13 am
Forum: Investing - Theory, News & General
Topic: Investing in Vanguard funds via Fidelity
Replies: 40
Views: 8361

Re: Investing in Vanguard funds via Fidelity

Cash wrote:
Sat Nov 02, 2019 3:07 pm
Has anyone ever tried calling Fidelity to see if they can get access to “advisor only” funds? VTWAX is still not available to retail investors. Yes, I know I can purchase VT for free.
You answered your own question.

In a zero commission world, buy the ETF and move on.
by pyld76
Sun Nov 03, 2019 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Workplace PIP - Next Steps?
Replies: 20
Views: 1894

Re: Workplace PIP - Next Steps?

Next step is to spend the next 90 looking for work. Most folks at mymegacorp are, by policy, given a choice of a very generous severance at the onset of a PIP. Here’s a nice package and some benefits: you can take it and walk or try to meet the requirements of the PIP. In 20 years, I am ware of mayb...
by pyld76
Sun Nov 03, 2019 10:57 am
Forum: Personal Consumer Issues
Topic: Networking Equipment Question
Replies: 12
Views: 789

Re: Networking Equipment Question

Orbi is consumer gear. For the application you describe, Ubiquiti's Unifi with Ethernet backhaul is the way to go. Do it right or do it again later. https://arstechnica.com/gadgets/2015/10/review-ubiquiti-unifi-made-me-realize-how-terrible-consumer-wi-fi-gear-is/ Ubiquiti’s current firmware situati...
by pyld76
Sun Nov 03, 2019 10:50 am
Forum: Personal Investments
Topic: Where should I open 529? In Pa
Replies: 22
Views: 1678

Re: Where should I open 529? In Pa

Is it safe to assume you fully trust these folks? It wouldn’t be worth a small increase in ER if this wouldn’t be an option. But switching around age 16-17 appears to be the perfect plan. I’d like to do the same. Trust whom? Fidelity? If they were to “screw” folks and jack the ER up or commit anoth...
by pyld76
Thu Oct 31, 2019 10:12 pm
Forum: Personal Investments
Topic: Where should I open 529? In Pa
Replies: 22
Views: 1678

Re: Where should I open 529? In Pa

In PA, the fidelity NH 529 is cheap (at one point it was like a basis point cheaper than VG and slightly more than NY) and a good option. Remember that you’ll want to repatriate the funds to the PA plan prior to applying for aid since out of state 529s are counted against assets for Pa state aid pur...
by pyld76
Mon Oct 28, 2019 1:00 pm
Forum: Personal Consumer Issues
Topic: Wi-Fi Calling on AT&T
Replies: 17
Views: 1224

Re: Wi-Fi Calling on AT&T

I have to have it on for calls inside my house, I don't see any particular downside on leaving it on all the time - with one exception. When traveling abroad, which I do often for work, I use the international day pass. I don't know if they changed it recently, but if you make a call with wifi call...
by pyld76
Mon Oct 28, 2019 9:18 am
Forum: Investing - Theory, News & General
Topic: Inside Fisher Investments
Replies: 123
Views: 11656

Re: Inside Fisher Investments

So...say I'm 'unwoke'. I know the rules have changed, but I don't support it, and would like to push back against it if possible. My thought is: there is going to be a lot of push for 'diversity' and so on. This does not benefit the bottom line, as it is based on ideology rather than finance. Does ...
by pyld76
Sun Oct 27, 2019 5:18 pm
Forum: Investing - Theory, News & General
Topic: Fidelity HSA: VTI or FSKAX
Replies: 3
Views: 503

Re: Fidelity HSA: VTI or FSKAX

Use the fidelity zero funds in the HSA. I use blackrock and vanguard ETFs in taxable. One of the interesting aspects of using the Fido zero funds is that any ETF you buy in taxable isn’t going to track the same index which puts tax loss harvesting considerations to rest. (And if the fidelity zero st...
by pyld76
Sun Oct 27, 2019 10:58 am
Forum: Personal Investments
Topic: Best Single Entity for Investments + Cash + Banking
Replies: 39
Views: 3222

Re: Best Single Entity for Investments + Cash + Banking

She can’t. Too much of fidelity profit is from cash. Got a source for that? I’m unaware they break that out anywhere and would be fascinated to read it. That’s a charge usually leveled at Schwab, who pays like what, 20bps on sweep? Fido is maybe 20-30bps off vanguard already, miles less profitable ...
by pyld76
Sun Oct 27, 2019 10:43 am
Forum: Investing - Theory, News & General
Topic: JEDI contract
Replies: 26
Views: 2630

Re: JEDI contract

Thanks for all the insights above. I did not know that MSFT is building things better for Enterprise / .gov. An eye opener for me. But whatever MSFT / AMZN build for .gov which will a very secure VPC, custom made, much different from the regular public cloud. About the protests /appeals, I think th...
by pyld76
Sat Oct 26, 2019 8:46 pm
Forum: Investing - Theory, News & General
Topic: JEDI contract
Replies: 26
Views: 2630

Re: JEDI contract

Nice to know a different perspective, @MindBogler and @pyld76 But how is AWS already in DoD in other entities going strong ? Largely because they enjoyed a first mover advantage and they got in before the really huge consolidated procurement stuff started in earnest. And Bezos, not being stupid, is...
by pyld76
Sat Oct 26, 2019 5:18 pm
Forum: Investing - Theory, News & General
Topic: JEDI contract
Replies: 26
Views: 2630

Re: JEDI contract

I am a cloud engineer, and I know from features perspective, AWS is well ahead of Azure, the market share also proves that. So, it was surprising to me. The feature part is true. Not by much. The market share bit is true because AWS had the first mover advantage. Not because it is better or worse. ...
by pyld76
Sat Oct 26, 2019 11:41 am
Forum: Personal Investments
Topic: Best Single Entity for Investments + Cash + Banking
Replies: 39
Views: 3222

Re: Best Single Entity for Investments + Cash + Banking

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 easy access to it all; plus easier reconciliation a...
by pyld76
Sat Oct 26, 2019 11:31 am
Forum: Personal Investments
Topic: Dipping Below Vanguard Fund Minimums?
Replies: 8
Views: 1239

Re: Dipping Below Vanguard Fund Minimums?

Or, move to a custodian with zero minimums. Fidelity comes to mind. Failing that, buy the ETF share classes or what you want to add between 20 and 150 or so dollars at a time. I really think the 3k minimum thing is a competitive disadvantage to VG at this point which outweighs the cost savings they ...
by pyld76
Fri Oct 25, 2019 8:02 pm
Forum: Investing - Theory, News & General
Topic: Inside Fisher Investments
Replies: 123
Views: 11656

Re: Inside Fisher Investments

P & I today: Los Angeles Fire & Police ended Fisher Investments' $551 million active international equity allocation over founder Ken Fisher's comments. https://www.pionline.com/pension-funds/ (pay wall) Yes it's just dogpiling & herd mentality at this point. I guarantee a mass hysteria will also f...
by pyld76
Wed Oct 23, 2019 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Not Reinvesting Dividends and Cap Gains
Replies: 7
Views: 878

Re: Not Reinvesting Dividends and Cap Gains

The advice to not automatically reinvest capital gains has always been a function of two solid reasons and a few lesser ones: 1. It can generate a wash sale if you have them happen automatically during the two 30 day windows you have to watch. 2. You’ll likely have a lot of “small” tax lots. The wik...
by pyld76
Wed Oct 23, 2019 4:20 pm
Forum: Investing - Theory, News & General
Topic: Indexing beats Wellington and Wellesley right?
Replies: 135
Views: 26907

Re: Indexing beats Wellington and Wellesley right?

To the OP: Bogleheads are not one voice, but yes W an W are well liked. If they were Fidelity funds, people may trash them here . In other words, there could be an illogical bias towards vanguard occasionally here, So, I don't have a Vanguard bias (and moved almost the whole shop to Fido in the pas...
by pyld76
Wed Oct 23, 2019 4:00 pm
Forum: Personal Investments
Topic: Fidelity Disclosed Personal Account Information
Replies: 20
Views: 2694

Re: Fidelity Disclosed Personal Account Information

I'd be [deleted] moving assets in the morning if I was met with anything except a gushing apology after complaining about this. [Deleted] I've never had fido do that to me, but as far as they are concerned I'm only barely a NHWI and maybe not even textbook (since getting there requires my 401k). [Ed...
by pyld76
Wed Oct 23, 2019 3:47 pm
Forum: Investing - Theory, News & General
Topic: "Dogs of the Dow" in a Roth IRA with Zero Commissions
Replies: 52
Views: 3359

Re: "Dogs of the Dow" in a Roth IRA with Zero Commissions

Go for it. Asking " What do Bogleheads think of the "Dogs of the Dow" strategy within a Roth IRA brokerage account with zero commission fees? This is rhetorical, right? Go for it. 5% of your portfolio isn't enough, presumably, to ruin you when it, well, dogs the market (underperforms) right when you...
by pyld76
Wed Oct 23, 2019 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Do you plan to actually spend down your portfolio?
Replies: 104
Views: 9735

Re: Do you plan to actually spend down your portfolio?

If DW and I have pensions which pan out as promised? Almost a certainty we won't spend down the portfolio. If we don't (nonremote chance involving a state/muni pension system)? It'll get spent. If SS isn't there when we retire (I believe it is scheduled to have depleted the notional trust fund right...
by pyld76
Wed Oct 23, 2019 10:24 am
Forum: Investing - Theory, News & General
Topic: Inside Fisher Investments
Replies: 123
Views: 11656

Re: Inside Fisher Investments

I'll give them this: they spend a good bit on big data stuffs to identify potential victi..... prospects. I don't work in a licensed profession (although I do have significant certifications). I'm "house poor" (we live in a far, far smaller and more inexpensive place than we can theoretically "affor...
by pyld76
Tue Oct 22, 2019 1:43 pm
Forum: Personal Investments
Topic: HSA Fund Minimum Investment
Replies: 3
Views: 266

Re: HSA Fund Minimum Investment

You might consider opening a Fidelity HSA, where you should be able to buy index funds from Fido or anyone's ETFs with the first dollar on up.
by pyld76
Tue Oct 22, 2019 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard checking -- Use it or lose it
Replies: 71
Views: 5406

Re: Vanguard checking -- Use it or lose it

This is interesting. I keep checkwriting on a portion of my emergency funds that remains at VG because of their money market yields. If all goes well, I'll never write a check on it. As it stands, I've written 1 in 3 years, and only then to see if it actually worked as advertised. Situations like th...
by pyld76
Tue Oct 22, 2019 7:20 am
Forum: Investing - Theory, News & General
Topic: Buying after PR Crisis [Public Relations Crisis (Boeing 737 Max)]
Replies: 65
Views: 5895

Re: Buying after PR Crisis [Public Relations Crisis (Boeing 737 Max)]

I thought briefly about this right after the second crash happened and BA tanked--is this really a slam-dunk case of buying something on sale because (long term) people are reactionary and don't know any better? It then occurred to me that I don't know what I don't know about what else might come ou...
by pyld76
Tue Oct 22, 2019 7:16 am
Forum: Investing - Theory, News & General
Topic: Yahoo: The Downsides of 401(k)s That You’ve Never Heard Of
Replies: 18
Views: 3225

Re: Yahoo: The Downsides of 401(k)s That You’ve Never Heard Of

Clickbait. It's a thing. The 401k's "limited" fund offering problem is actually a problem in many cases. That fact is almost always "weaponized" to one end or another, most of which aren't any good. I mean, there's probably even a compelling case to be made that the TSP isn't "adequately diverse" in...
by pyld76
Mon Oct 21, 2019 1:22 pm
Forum: Personal Investments
Topic: Fidelity HSA questions
Replies: 32
Views: 2438

Re: Fidelity HSA questions

I have an HSA account at the HSA Bank and I am considering moving my funds to another custodian. After seeing several recommendations of Fidelity, I have a few questions: 1. How easy is it to establish an HSA account at Fidelity? - Right now, I have an IRA with them but no consumer accounts. 2. Doe...
by pyld76
Sun Oct 20, 2019 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1210
Views: 149378

Re: Fidelity as a one stop shop

Or if, like me, you have Vanguard IRAs and don't think the hassle of transferring them to Fido is worth it the benefits of an ER drop. So, I did this relatively recently. The “hassle” amounted to a single day out of the market, largely because I did not enable limited margin in the IRA and thus had...
by pyld76
Sun Oct 20, 2019 11:58 am
Forum: Investing - Theory, News & General
Topic: Assessing the Value of Advice
Replies: 18
Views: 1742

Re: Assessing the Value of Advice

Any paper on “advisor alpha” is gonna be lost on the vast majority here. Most people don’t try to optimize their “live so far under your means that you can no longer see your means when looking straight up.” Most people aren’t steely eyed boglehead missilemen/missilewomen who are gonna hold their as...
by pyld76
Sun Oct 20, 2019 11:45 am
Forum: Personal Investments
Topic: VG pushing for ETF instead of Admiral shares
Replies: 26
Views: 2193

Re: VG pushing for ETF instead of Admiral shares

thanks for articulating. the concern here is when selling. ETFs are volatile in down environmrnts. I had assumed IF's are good in that regard as the value stays constant for the day. i may be wrong here. still novice investor. my belief is IF's on top of two reasons you mentioned, is also good when...
by pyld76
Sun Oct 20, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: For those who are FI: At what point did you begin to relax?
Replies: 76
Views: 10188

Re: For those who are FI: At what point did you begin to relax?

I arbitrarily set up 3 levels of financial independence for myself: stage 1 (bare bones living expenses), stage 2 (comfortable, but no fancy vacations), and stage 3 (can quit forever and likely be fine). Once I reached stage 2, I cut back on my work hours and my general stress level declined signif...
by pyld76
Sun Oct 20, 2019 10:45 am
Forum: Personal Investments
Topic: VG pushing for ETF instead of Admiral shares
Replies: 26
Views: 2193

Re: VG pushing for ETF instead of Admiral shares

Hi Why does Vanguard push for its clients to buy ETF's instead of Admiral shares ? What do they gain or in other words what is their motive behind doing this ? I have read about the differences between the two, but i cannot figure out why they would push for former vs latter. Thanks I’m not aware t...