Search found 3083 matches

by JamesSFO
Thu Sep 20, 2018 1:02 pm
Forum: Personal Consumer Issues
Topic: HOA Donation in Remembrance of Deceased Owner
Replies: 38
Views: 2447

Re: HOA Donation in Remembrance of Deceased Owner

If nobody cares about someone spending the money, then why not ask everybody to contribute directly instead of forcing “contributions” by raiding the property maintenance funds? Perhaps the $1M budget will shrink by applying expense controls and policies; where there is sloppy spending in one case ...
by JamesSFO
Thu Sep 20, 2018 6:54 am
Forum: Personal Consumer Issues
Topic: HOA Donation in Remembrance of Deceased Owner
Replies: 38
Views: 2447

Re: HOA Donation in Remembrance of Deceased Owner

We did it in our HOA when a long-term ~15+ year board member passed. ~250 home community with a $1M+/year budget and this was like a $100 expense. Strikes me as both (a) reasonable and (b) of such nominal value relative to the budget that who cares.
by JamesSFO
Tue Sep 18, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Employer/Plan Limit on 401K Contributions
Replies: 10
Views: 490

Re: Employer/Plan Limit on 401K Contributions

this happened to me last year.. although my employer does not set limits per pay period I was able to contribute only $14k, $4k was "refunded" to me after the discrimination test failed. Just to be clear, this sort of return is different from an outright limit. In your case, your employer ACTUALLY ...
by JamesSFO
Tue Sep 18, 2018 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America credit card “feature” (be careful with autopay)
Replies: 45
Views: 2558

Re: Bank of America credit card “feature” (be careful with autopay)

I've been burned by PenFed for this, I was switching primary banks so I paid my balance in full but didn't think to switch auto pay (yet) and it went from the old account and over-drew the account. USAA was nicer about refunding the fee then PenFed, I still kept them, but I think it is a sh*t custom...
by JamesSFO
Tue Sep 18, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Employer/Plan Limit on 401K Contributions
Replies: 10
Views: 490

Re: Employer/Plan Limit on 401K Contributions

Typical: Unsure Happens: Definitely I would say after your SO has been there a while gently raise the issue with HR and see if it is something that they can change in their plan documents. My guess is that very few employees care (e.g. most who are paid over the 25% threshold to get to 18.5K don't c...
by JamesSFO
Mon Sep 17, 2018 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Provding SSN for Estate Planning--Why?
Replies: 22
Views: 1601

Re: Provding SSN for Estate Planning--Why?

Crazy idea: ask the attorney.

Likely reasons:

1. It's just the form the attorney has been using

2. It ultimately is useful for recordkeeping purposes and/or putting together documents so asking now is easier

3. Etc.
by JamesSFO
Wed Sep 12, 2018 1:08 am
Forum: Personal Finance (Not Investing)
Topic: Delay in 401k Contribution Posting, cause for concern?
Replies: 15
Views: 1385

Re: Delay in 401k Contribution Posting, cause for concern?

fantasytensai wrote:
Wed Sep 05, 2018 3:13 pm
My employer .... What would you do in this situation?
Just wondering (a) what you decided to do and (b) what was the outcome?
by JamesSFO
Tue Sep 11, 2018 4:13 pm
Forum: Investing - Theory, News & General
Topic: Barron's--Vanguard Is Losing Battles on Two Fronts in Fee Wars
Replies: 53
Views: 4539

Re: Barron's--Vanguard Is Losing Battles on Two Fronts in Fee Wars

...But why would you then have minimums on mutual fund shares? I am genuinely curious WHY there are still minimums because Schwab and Fidelity can operate without them... All of us can only speculate. My guesses: 1) The ER's only cover the funds costs if each shareholder has a certain minimum. Thus...
by JamesSFO
Mon Sep 10, 2018 1:23 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 71
Views: 5351

Re: Amazon Prime - Value?

Most stuff comes to me in 2 days or less. I would say 30%+ in 1 day at no fee, 60%+ two days, remaining <10% sometimes odd things happen
by JamesSFO
Fri Sep 07, 2018 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: [Retirement accounts locked by Vanguard, unable to convert Admiral funds to ETF]
Replies: 57
Views: 4145

Re: [Retirement accounts locked by Vanguard, unable to convert Admiral funds to ETF]

Here are the details; Vanguard wanted me out. I agreed to leave. I began the process with Fidelity. They transferred all the non-Vanguard mutual funds. None of my Vanguard non money market mutual funds were in my brokerage accounts. (Don't ask me why that's how Vanguard set them up.) I wanted to ch...
by JamesSFO
Fri Sep 07, 2018 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: [Retirement accounts locked by Vanguard, unable to convert Admiral funds to ETF]
Replies: 57
Views: 4145

Re: [Retirement accounts locked by Vanguard, unable to convert Admiral funds to ETF]

I live in the US; they haven't responded. Oner, your responses to questions are very brief and very uninformative. You won't get any help from this forum unless you are willing to share the details of your conflict with Vanguard. This is oner's pattern, there was an earlier thread where oner was an...
by JamesSFO
Fri Sep 07, 2018 7:29 am
Forum: Personal Consumer Issues
Topic: [security] Log into dummy account on Windows/phone?
Replies: 6
Views: 482

Re: [security] Log into dummy account on Windows/phone?

1Password has a travel mode that works something like this - https://support.1password.com/travel-mode/
by JamesSFO
Wed Sep 05, 2018 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Delay in 401k Contribution Posting, cause for concern?
Replies: 15
Views: 1385

Re: Delay in 401k Contribution Posting, cause for concern?

Just as a thought how about asking someone in payroll gently if they know what's up? Separate ~5 days (not all that atypical) from what sounds like ~20 days for the 8/15 paystub and just ask what is going on with the 401K contribution(s). You might get a reasonable answer, e.g. wire transfer messed ...
by JamesSFO
Sun Sep 02, 2018 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Delay in deposits by empower for 401k?
Replies: 13
Views: 655

Re: Delay in deposits by empower for 401k?

Well within the regulations/guidelines. Keep in mind weekends do not "count" so Friday payroll means it took them 3 business days (Mon, Tues, Wed) to make the contributions. I've seen even at megacorps that it can take around that length.
by JamesSFO
Fri Aug 31, 2018 7:15 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA Question
Replies: 9
Views: 555

Re: Backdoor Roth IRA Question

One more question. So next year I can contribute $5500.10 ( contribute 100% of TIRA) to the Roth IRA and will need to pay taxes on the 10 cents. Is that correct? Thank you all for your help. You are CONVERTING (not contributing) to the Roth. And you can CONVERT it is all (and pay taxes accordingly)...
by JamesSFO
Wed Aug 29, 2018 12:37 am
Forum: Personal Finance (Not Investing)
Topic: Yet another CP2000 for Roth IRA conversion thread
Replies: 39
Views: 4034

Re: Vanguard Backdoor Roth IRA = IRS Notice? 5498?

See the thread on other 2016 notices for correct back door roths it's a computer glitch at the IRS: viewtopic.php?f=2&t=247277
by JamesSFO
Thu Aug 23, 2018 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: First timer: ETF purchase from Vanguard Brokerage
Replies: 9
Views: 932

Re: First timer: ETF purchase from Vanguard Brokerage

Just a reminder that this is an older post and US settlements for stocks/ETFs are now T+2 (http://www.ust2.com/)
by JamesSFO
Wed Aug 15, 2018 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Terminating an employee with company car
Replies: 62
Views: 6131

Re: Terminating an employee with company car

An HR colleague of mine had to deal with this regularly, this was pre-Uber/Lyft days and she would drive them home. Nowadays, give them some money for Taxi/Uber/Lyft and they should be ok.
by JamesSFO
Wed Aug 08, 2018 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Non-profit Account with Fido or VG Possible?
Replies: 2
Views: 153

Re: Non-profit Account with Fido or VG Possible?

Our HOA recently set up an account with Vanguard for CD's and T-Bills
by JamesSFO
Sat Aug 04, 2018 1:28 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 734
Views: 69622

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Touché, and still in a 401K there is a regular process for switching/adding/removing funds. So even if everyone on the committee wanted to add the zero fund it likely can only occur at certain intervals and with certain notices/blackouts (if they are swapping), etc. So it is basically inconceivable...
by JamesSFO
Sat Aug 04, 2018 12:39 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 734
Views: 69622

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

My employer WAS Fidelity. I retired from Fidelity Investments last July. Touché, and still in a 401K there is a regular process for switching/adding/removing funds. So even if everyone on the committee wanted to add the zero fund it likely can only occur at certain intervals and with certain notice...
by JamesSFO
Sat Aug 04, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 734
Views: 69622

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Fidelity does not control the offerings in a company's 401K plan. Sure they have influence but not control. Just because only retail brokerage accounts are covered now doesn't mean there won't be changes in the future. They control the offerings in my 401k plan; it's a Fidelity Investments 401k. Th...
by JamesSFO
Sat Aug 04, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Consolidating Financial Accounts
Replies: 4
Views: 608

Re: Consolidating Financial Accounts

USAA has Fido as their brokerage and with the new fee drops just buy the Fido funds at low (or zero) expense ratio.
by JamesSFO
Thu Aug 02, 2018 9:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22428

Re: Vanguard to offer non-Vanguard ETFs commission-free

Always a good XKCD, I'm not personally offended. Relatedly humor, tone, etc., don't come across well on the net. It is hard to know whether you are amused by this, actively annoyed, or even actively claiming you were tricked. Thus my "seriously" :sharebeer Not tricked. Just mildly annoyed at Vangua...
by JamesSFO
Thu Aug 02, 2018 9:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22428

Re: Vanguard to offer non-Vanguard ETFs commission-free

Seriously? Is there anything on Vanguard's pages that says it IS launched? In fact, you seem to be ingoring that Vanguard investor landing home page shows "Coming Soon" prominently. Your statement about the Commissions page ignores the "See what's coming" under the 1800 comission free ETFs as well....
by JamesSFO
Thu Aug 02, 2018 9:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22428

Re: Vanguard to offer non-Vanguard ETFs commission-free

Yes and no. Yes, I knew what I was doing. No, there is absolutely nothing anywhere in writing that says it isn't launched yet. The commissions page still says "In August" these will be free without any qualification whatsoever. Well, we are in August. Even CNBC was originally fooled into reporting ...
by JamesSFO
Thu Aug 02, 2018 3:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22428

Re: Vanguard to offer non-Vanguard ETFs commission-free

I sent a very polite message asking for a credit for the $2 and asking when the system would be updated to reflect the August commission-free ETFs promised on their website. Just over 24 hours and no response to my message. I'm not really surprised. I learned very quickly as a new customer a few ye...
by JamesSFO
Thu Aug 02, 2018 7:07 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 734
Views: 69622

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

A few questions for the experts on how mutual funds work. Let's assume that a meaningful percentage of current investors in FSTVX (Fidelity total market index) put in orders this Friday (first day available) to sell FSTVX and buy FZROX (new Fidelity Zero ER total market index). Would this force the...
by JamesSFO
Wed Aug 01, 2018 6:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22428

Re: Vanguard to offer non-Vanguard ETFs commission-free

Daitokuji wrote:
Wed Aug 01, 2018 12:06 pm
The CNBC article says it's starting today but I tried to sell some ishares bond ETFs that I transferred to Vanguard from one of the robo funds and it's showing the standard $7 fee.
At least now the CNBC article does NOT say that, it says starting in August.
by JamesSFO
Wed Aug 01, 2018 6:17 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 734
Views: 69622

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

What a change for investors, it will be interesting how Vanguard responds. I'm particularly pleased that even without having to sell my small Fido Total US/Total Intl positions they are dropping the ERs. 0.015 [edit] and 0.06 respectively now it seems.
by JamesSFO
Tue Jul 31, 2018 10:55 pm
Forum: Investing - Theory, News & General
Topic: Two solo 401K accounts - Trad and Roth at diff. firms
Replies: 9
Views: 528

Re: Two solo 401K accounts - Trad and Roth at diff. firms

jacoavlu wrote:
Tue Jul 31, 2018 10:26 pm
Probably fine...
Almost definitely not fine. You can transfer the funds (and plan), but you cannot just open a 2nd "account".
by JamesSFO
Mon Jul 30, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: 401k matching
Replies: 33
Views: 2352

Re: 401k matching

(1) 401K matching. Well let's explore two scenarios. A: I match 100% up to 3%; B I match 50% up to 6%. If most employees contribute only 4% of salary as the employer on which plan will I pay out more? Hint it's A. So most of these relate to controlling employer expenses for matching and perhaps nudg...
by JamesSFO
Fri Jul 27, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22428

Re: Vanguard to offer non-Vanguard ETFs commission-free

Fascinating shift then, and yes even though there is probably a Pareto/long tail distribution of ~80% of assets to a small number of ETFs, have a large menu of choices for $0 is appealing
by JamesSFO
Wed Jul 25, 2018 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolios (2 months in)
Replies: 27
Views: 2618

Re: Schwab Intelligent Portfolios (2 months in)

arf30 wrote:
Wed Jul 25, 2018 12:42 pm
You probably want to compare it to a 3 fund portfolio with similar asset allocation, not the S&P 500.
Yes, but I was going with what Schwab easily provides.
by JamesSFO
Wed Jul 25, 2018 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolios (2 months in)
Replies: 27
Views: 2618

Re: Schwab Intelligent Portfolios (2 months in)

Jmh04j wrote:
Wed Jul 25, 2018 10:41 am
How do your Schwab Intelligent Portfolio returns compare to your Vanguard 3-fund Portfolio?
+3.93% for S&P500 Index
+2.12% for Schwab Intelligent

Vanguard - Not sure how to easily figure out from VG website.
by JamesSFO
Wed Jul 25, 2018 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolios (2 months in)
Replies: 27
Views: 2618

Re: Schwab Intelligent Portfolios (2 months in)

mpnret wrote:
Wed Jul 25, 2018 10:29 am
Once I accounted for the cash drag and higher expense ratio in SIP, I found it was actually cheaper to pay for Vanguard Personal Advisory Service.
Could be, I ignored the cash drag so I see the ~11 basis point extra over my 3 fund.
by JamesSFO
Wed Jul 25, 2018 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolios (2 months in)
Replies: 27
Views: 2618

Schwab Intelligent Portfolios (2 months in)

So I had some initial sign up issues (and found Schwab helpful but annoying too, claiming documents I sent in weren't there, then finding, etc.) once resolved I was up on the platform. Pluses: 1) Free (no direct fees) roboadvisor with tax loss harvesting (there is a cash drag, and expense ratios are...
by JamesSFO
Mon Jul 23, 2018 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another CP2000 for Roth IRA conversion thread
Replies: 39
Views: 4034

Re: Yet another CP2000 for Roth IRA conversion thread

They closed my CP2000 saying I owe nothing, so computer glitch basically. Glad to be done with it.
by JamesSFO
Sun Jul 15, 2018 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Are Credit Cards Actually Convenient?
Replies: 91
Views: 7142

Re: Are Credit Cards Actually Convenient?

I had one card from Chase (ultimately closed) that got "hypersensitive" (my term). Basically, after one attempt at an international purchase online it was perpetually stuck being flagged for fraud, even in person at an Apple Store. (1x/day!!!!!) So the OP's experience can happen. My current credit u...
by JamesSFO
Sat Jul 14, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22428

Re: Vanguard to offer non-Vanguard ETFs commission-free

Six minute video (or transcript too) from Vanguard about why they did this: https://investornews.vanguard/why-were-lowering-the-cost-of-investing-in-etfs/ What stood out to me: But in this instance, the point is bolstered by research—both our own research and market research— which indicates that wh...
by JamesSFO
Fri Jul 13, 2018 9:17 pm
Forum: Investing - Theory, News & General
Topic: [Backdoor Roth IRA - Forbes: IRS Unlocks The 'Door' For High-Income Savers]
Replies: 7
Views: 1539

Re: Backdoor Roth IRA article

The main point of interest I saw, someone from the IRS (Donald Kieffer Jr., a tax law specialist with the IRS’s Tax-Exempt and Government Entities Division) saying: “I think the IRS’s only caution would be whenever we see words like ‘back door’ or ‘workaround’ or other step transactions that are put...
by JamesSFO
Sun Jul 08, 2018 5:01 am
Forum: Personal Finance (Not Investing)
Topic: Borrow for BigLaw Partnership Buy-in?
Replies: 26
Views: 4101

Re: Borrow for BigLaw Partnership Buy-in?

Just one reminder, depending on how your firm works the first ~2-4 years as a junior partner you may make less than you did as a senior associate.
by JamesSFO
Fri Jul 06, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22428

Re: Vanguard to offer non-Vanguard ETFs commission-free

Not sure if this has been discussed but in the fine print it says: “When buying or selling an ETF, you will pay or receive the current market price, which may be more or less than net asset value.” Does this mean Vanguard will only accept market orders for non Vanguard commission free ETFs? If so t...
by JamesSFO
Fri Jul 06, 2018 5:16 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22428

Re: Vanguard to offer non-Vanguard ETFs commission-free

Curious to see where this goes. Nice move by vanguard.
by JamesSFO
Thu Jun 28, 2018 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Can I TLH QQQ and pick up VTI, IVV, VOO...
Replies: 26
Views: 1901

Re: Can I TLH QQQ and pick up VTI, IVV, VOO...

It was my impression that they did contain 500 all components in a particular proportion that approximated the index. ... Nope. Not to my knowledge or when I looked at them last for SPY vs. IVV. Very similar but not the same, and due to unit redemption/creation PLUS day to day trading and timing of...
by JamesSFO
Thu Jun 28, 2018 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Can I TLH QQQ and pick up VTI, IVV, VOO...
Replies: 26
Views: 1901

Re: Can I TLH QQQ and pick up VTI, IVV, VOO...

Thanks for the links. From what I saw, there are very few SP500 funds mentioned, and none that swapped one market cap weighed SP500 fund for another. I don't think these roboadvisors want to be the test case for the IRS. :confused There are many examples of Total Stock funds that are market cap wei...
by JamesSFO
Thu Jun 28, 2018 1:14 am
Forum: Investing - Help with Personal Investments
Topic: Can I TLH QQQ and pick up VTI, IVV, VOO...
Replies: 26
Views: 1901

Re: Can I TLH QQQ and pick up VTI, IVV, VOO...

Is there a list? Any of the roboadvisors doing IVV/SPY/VOO? If that passes the test, we're all home free. But it's good company to be doing what all these roboadvisor are doing, so if there is a crackdown, they're big fish to fry. Schwab Intelligent Portfolios lists their pairs: https://intelligent...
by JamesSFO
Wed Jun 27, 2018 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: Can I TLH QQQ and pick up VTI, IVV, VOO...
Replies: 26
Views: 1901

Re: Can I TLH QQQ and pick up VTI, IVV, VOO...

Are you saying there's case law on the matter or there not even looking? I haven't paid that much attention, but haven't come across any such decisions. Then again, I'm not aware of anyone actually trying such similar funds much less advertising the matter and looking for trouble. Almost every robo...