Search found 1360 matches

by William4u
Mon Oct 07, 2019 9:15 pm
Forum: Personal Investments
Topic: how to divest while holding the index
Replies: 7
Views: 762

Re: how to divest while holding the index

I have seen suggestions to put money into something analogous to carbon offsets. So if you are concerned about XYZ's doing X, then for example give to charities that correct for X. So, if you are concerned with companies causing global warming, you might give money to charities and companies that ar...
by William4u
Mon Oct 07, 2019 9:12 pm
Forum: Personal Investments
Topic: UMN System Switch from Vanguard Target Date to expensive JPMorgan SmartRetirement Funds, Fiduciary?
Replies: 11
Views: 1020

Re: UMN System Switch from Vanguard Target Date to expensive JPMorgan SmartRetirement Funds, Fiduciary?

Just as there are costly active Fidelity Freedom target date funds and cheap passive Fidelity Freedom Index target date funds, and similar at Schwab, it looks like JPMCB has at least two and maybe three strata of funds under their SmartRetirement service mark. The fund/product line linked in the op...
by William4u
Wed Oct 02, 2019 2:50 pm
Forum: Personal Investments
Topic: UMN System Switch from Vanguard Target Date to expensive JPMorgan SmartRetirement Funds, Fiduciary?
Replies: 11
Views: 1020

UMN System Switch from Vanguard Target Date to expensive JPMorgan SmartRetirement Funds, Fiduciary?

The university system manages $50 billion in retirement assets. 76% of new employees use the default Target Date Funds for their retirement investments. Currently, those target date investments go into a Vanguard Target Date Institutional Fund with an ER of as little as 0.08%. A university system co...
by William4u
Sat Sep 14, 2019 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Living Expense Equity State-To-State
Replies: 13
Views: 1127

Re: Living Expense Equity State-To-State

We are long time NC residents but I have paid taxes in SC for property and sale of property and our daughter has lived there for 24 years, so I am familiar with their tax bite. Overall, SC seems better from tax and regulatory basis and for us, culturally too (YMMV) I've never heard someone say SC i...
by William4u
Sat Sep 14, 2019 3:06 pm
Forum: Investing - Theory, News & General
Topic: Fidelity beating vanguard now? switch to Fidelity?
Replies: 121
Views: 6191

Re: Vanguard is Falling Behind Compared to Fidelity

Loved Vanguard when they had the VanguardAdvantage CMA service. Vanguard's closing that really annoyed us. It was a great service. That closure pushed us to Fidelity's CMA service, which is good (albeit with lower MM rates than Vanguard). We will probably slowly move our assets from Vanguard to Fide...
by William4u
Wed Sep 11, 2019 11:46 am
Forum: Personal Investments
Topic: Could I use Fidelity brokerage account instead of its checking account?
Replies: 7
Views: 1125

Re: Could I use Fidelity brokerage account instead of its checking account?

I have found no difference in my CMA vs brokerage account. In name only as far as I can tell. Just put your money in FDLXX (Treasury only money market account). I have both and found two little differences. The CMA account has free ATM reimbursement for all account holders (the brokerage requires o...
by William4u
Mon Sep 09, 2019 10:57 am
Forum: Personal Consumer Issues
Topic: Winter (snow) tires for Volvo XC-70
Replies: 26
Views: 1675

Re: Winter (snow) tires for Volvo XC-70

In the past, I have used Michelin X-Ice but now that I am retired I am putting Michelin CroosClimate+ on everything I can. All-season, incredible ratings from Consumer Reports. Downside is only available in certain sizes. I have a hard time believing that the Michelin CroosClimate+ are as good as a...
by William4u
Wed Sep 04, 2019 8:20 pm
Forum: Personal Consumer Issues
Topic: Winter (snow) tires for Volvo XC-70
Replies: 26
Views: 1675

Re: Winter (snow) tires for Volvo XC-70

Michelin X-Ice winter tires are recommended by consumer reports, and they LAST a lot longer than the others. They have a 40,000 mile warranty, and cr says they last longer than that. The others will be worn sooner.
by William4u
Sat Aug 24, 2019 4:33 am
Forum: Personal Consumer Issues
Topic: Lawn chemicals - any experts here?
Replies: 37
Views: 2257

Re: Lawn chemicals - any experts here?

There is some evidence that a wide variety of pesticides can contribute to problems for a pregnant mother and her fetus. For example, a University of California Berkeley study found that exposure to organophosphates during pregnancy was linked to earlier delivery, an increase in abnormal reflexes in...
by William4u
Tue Aug 20, 2019 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity??
Replies: 70
Views: 6706

Re: Vanguard vs. Fidelity??

..."Because of Vanguards admiral class/ETF class structure of some of their funds (e.g. VTSAX/VTI) their mutual funds are more tax efficient (generally 0 capital distributions) than Fidelity's"... Is this true? Can you elaborate on that? In what way does this impact return? Doesn't Fidelity have a ...
by William4u
Tue Aug 20, 2019 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Are there advantages to being married to a teacher?
Replies: 111
Views: 7401

Re: Are there advantages to being married to a teacher?

There may be some state taxation benefits to a teacher’s pension income depending on the state and pension plan. It is also very common that retired public school employees receive health insurance benefits - even after they become Medicare eligible. A very large neighboring county, for example, pr...
by William4u
Sun Aug 18, 2019 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Selective Colleges
Replies: 339
Views: 19721

Re: Selective Colleges

- Elements of this conversation have focused on starting salaries after graduation which is a really weak metric to gauge the value of a degree. I’d find a study demonstrating salary progression by industry, by undergraduate institution to have much more value — though I’m not sure it exists. Yes, ...
by William4u
Sun Aug 18, 2019 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Selective Colleges
Replies: 339
Views: 19721

Re: Selective Colleges

“End goal of a successful childhood” or not, here are some fun facts: University of Illinois Urbana Champaign Most popular majors: Engineering (22%) Business, Management, Marketing, and Related Support Services (13%) Social Sciences (8%) Communication, Journalism, and Related Programs (7%) Agricult...
by William4u
Sun Aug 18, 2019 3:05 pm
Forum: Personal Consumer Issues
Topic: Best price/timing to buy 2019 Toyota Corolla Hatchback?
Replies: 18
Views: 1970

Re: Best price/timing to buy 2019 Toyota Corolla Hatchback?

Jame's Bragg's Fighting Chance method is by far the best way to buy a new car IMHO...
https://fightingchance.com/
viewtopic.php?t=124638&start=250
by William4u
Fri Aug 02, 2019 12:11 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 63659

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

Just got off the line with my Flagship Select rep. After decades with Vanguard I am disappointed that they continue to under deliver in the customer service department. The website is atrocious. I can't count the number of times I've called them and the rep is either clueless or the answer is that ...
by William4u
Mon Jul 22, 2019 10:08 pm
Forum: Personal Consumer Issues
Topic: Cruise advice?
Replies: 45
Views: 3319

Re: Cruise advice?

If sexual assault is under-reported, how does anyone know if it's happening? Seriously? https://www.brennancenter.org/blog/sexual-assault-remains-dramatically-underreported https://ocrsm.umd.edu/files/Why-Is-Sexual-Assault-Under-Reported.pdf https://www.psychologytoday.com/us/blog/the-compassion-ch...
by William4u
Thu Jul 11, 2019 1:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 63659

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

Go to the Activity & Orders tab of the account and find the Check Paid # XXXX (Cash) item and click on it. The check images will show inline there. It does take a while: the check paid will appear in your activity severals days before the images become available. Thanks. I was clicking on the wrong...
by William4u
Wed Jul 03, 2019 4:30 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market yield over 2.5%
Replies: 232
Views: 52098

Re: Vanguard Prime Money Market yield over 2.5%

VUSXX compound yield is 2.31%. Your tax equivalent yield is 2.54% = 2.31% / (1 - (22% + 7.05%)) * (1 - 22%). How do the IRS and state know not to charge tax on VUSXX at tax time? My understanding is that they do not, you have to figure it our yourself when you file state taxes. One reason I persona...
by William4u
Wed Jun 26, 2019 9:38 am
Forum: Personal Investments
Topic: Retired: Don't want to outlive my funds
Replies: 65
Views: 8339

Re: Retired: Don't want to outlive my funds

There are a lot of risks here. The OP notes that he or she is $8000 short annually already, and his/her pension is not inflation indexed and is losing value to inflation. Having the rest of the money in Money Market funds mean more inflation risk there. I agree with many voices here that there are s...
by William4u
Tue Jun 18, 2019 8:11 pm
Forum: Investing - Theory, News & General
Topic: short term treasury ETFs a money market account substitute?
Replies: 20
Views: 2265

Re: short term treasury ETFs a money market account substitute?

I use ICSH ETF (ishares ultra short bond fund) for part of my Emergency Fund. The advantage of ICSH is that the 2.73% yield is pretty close to the 2.79% yield of Vanguard Short Term Fund (VCSH), but the interest rate risk of ICSH is significantly lower because the average duration is less than 6 mon...
by William4u
Sun Jun 16, 2019 2:13 pm
Forum: Personal Consumer Issues
Topic: Best way to teach my 4 year old to be fluent in Spanish?
Replies: 53
Views: 3744

Re: Best way to teach my 4 year old to be fluent in Spanish?

All kinds learn language by immersion. There are immersion preschools in our area that only use Spanish.
by William4u
Mon Jun 10, 2019 9:05 am
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 15229

Re: I'm thinking about buying an exotic supercar anyone here done this and feedback?

I'm going to do something awful and uncalled for and completely unfair and guilt trip you. You can afford this. But are you sure that this $175K will bring you more pleasure than trying to help other people with that money? Even in the USA, you could help someone with $175K. And if you were to go o...
by William4u
Tue May 07, 2019 4:11 am
Forum: Personal Consumer Issues
Topic: Winter Tires All Year?
Replies: 62
Views: 4370

Re: Winter Tires All Year?

ohai wrote:
Mon May 06, 2019 2:00 pm
Winter tires will slip in the summer, as the rubber melts and becomes squishy.
+1 It is dangerous. At higher temps the very soft rubber will turn to near liquid and be unstable in certain situations. Don't do it.
by William4u
Fri Apr 26, 2019 8:22 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 63659

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

Question: After the demise of Vanguard Advantage, will Vanguard still offer some sort of debit card access, or will there no longer be any Vanguard debit card? Thanks, Smectym PS If the answer is already posted somewhere in this voluminous thread, sorry, I must have missed it. Nope, no more debit c...
by William4u
Wed Mar 27, 2019 11:52 am
Forum: Personal Consumer Issues
Topic: Are independent garages cheaper than dealer?
Replies: 58
Views: 4681

Re: Are independent garages cheaper than dealer?

The best independent repair shop in my city is much better and cheaper than any dealer. The worst independent is worse than any dealer. In my limited experience dealers get the newly minted graduates from the local tech school, and some of the new grads are good and some are not. My independent shop...
by William4u
Sun Mar 17, 2019 10:19 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 63659

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

I'm setting up my new Fidelity Brokerage account, and I have a choice of core sweep MM funds for my direct deposit: either Fidelity Government Money Market Fund (SPAXX) or Fidelity Treasury Fund (FZFXX). It seems to me that FZFXX is the best choice for the core sweep fund, since it is 100% state tax...
by William4u
Fri Mar 08, 2019 12:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 63659

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

Last week I started the process to link my existing Fido CMA to Vanguard. Vanguard did two micro deposits overnight that I verified the next day. The next step is for them to "verify" my linked account. They note it could be several business days. It has been. Six so far. +1 I do not know why it ta...
by William4u
Wed Mar 06, 2019 10:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 63659

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

Does anyone know Fidelity's policy if someone writes a fake check on your account? What if a person gets my account number and makes some fake checks? This Fidelity website is not forthcoming about such a scenario...

https://www.fidelity.com/security/custo ... -guarantee
by William4u
Wed Mar 06, 2019 10:38 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 63659

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

I do not believe that anyone in this thread has offered an alternative with a lower opportunity cost (i.e. a higher interest rate on a checking account) than Fidelity currently does using CMA and money market funds. I have, find a local bank or credit union that will provide decent banking services...
by William4u
Wed Mar 06, 2019 10:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 63659

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

Here is the corrected table, thank you to Nate79 and indexfundfan for the clarifications. https://i.ibb.co/gJsyLYp/Vanguard-vs-Fidelity-Money-Market-Funds-v3.png Not to further complicate matters but you should use tax equivalent yield if you pay state income taxes. States do not tax government obl...
by William4u
Wed Mar 06, 2019 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1210
Views: 149411

Re: Fidelity as a one stop shop

Yup; keep CMA and brokerage separate for extra protection against ATM/ACH/Check/BillPay frauds. Why does the CMA account protect from fraud better? Does Fidelity not reimburse you if there is fraud from the brokerage but will if there is fraud from CMA? Is this an FDIC thing or something? I don't u...
by William4u
Tue Mar 05, 2019 7:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 63659

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

How about ACH payments from Vanguard ? I have set up automatic payments from Vanguard to my credit card accounts without using online bill pay. Will those be affected? Unfortunately, yes. ACH payments will no longer work. Your bills will no longer get paid through Vanguard, period (through a "pull"...
by William4u
Mon Mar 04, 2019 3:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 63659

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

While we will no longer provide the services associated with the VanguardAdvantage account, your cash remains invested in your Vanguard Federal Money Market Fund yielding 2.32%* (as of February 12, 2019), well above the national average for savings accounts.** Once bill pay has been established wit...
by William4u
Sun Mar 03, 2019 5:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 63659

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

WSJ now has an article about this. https://www.wsj.com/articles/vanguard-to-end-cash-management-service-for-larger-customers-11551639935 According to the article, less than 2% of eligible vanguard clients use the service. The esteemed Bill Bernstein is quoted in the article. “It is not a simple pro...
by William4u
Sat Mar 02, 2019 5:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 63659

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts]

So it sounds like using a Fidelity brokerage account will accomplish everything that the Vanguard Advantage did. If you want an ATM card, then you can go with the Cash Management Account. Some people might like to have a checking account separate from an investment account so in theory, the CMA mig...
by William4u
Sat Mar 02, 2019 12:52 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 63659

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts]

So it sounds like using a Fidelity brokerage account will accomplish everything that the Vanguard Advantage did. If you want an ATM card, then you can go with the Cash Management Account. Some people might like to have a checking account separate from an investment account so in theory, the CMA mig...
by William4u
Thu Jan 24, 2019 12:16 pm
Forum: Personal Consumer Issues
Topic: NYT: TrueCar’s No-Haggle Promise Meets a Chorus of Grumbles
Replies: 20
Views: 2964

Re: NYT: TrueCar’s No-Haggle Promise Meets a Chorus of Grumbles

My last car was a Toyota. I did competitive email bidding among 12 dealerships. It took about a week. The starting bids were around $27k OTD, but by the end it was less than $23k. Some would no go below $25k. No haggle isn't true of toyota dealers. They get all sorts of "secret" incentives that vary...
by William4u
Sun Jan 20, 2019 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce w/child. Spouse wants to move.
Replies: 128
Views: 8770

Re: Divorce w/child. Spouse wants to move.

OP, I've already posted once in this thread but I will say it again: if you care about your child, spend the $500 to consult with an attorney to understand what your rights are regarding your child's location. Just because you consult with an attorney first doesn't mean you're "bringing lawyers int...
by William4u
Sun Jan 20, 2019 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Divorce w/child. Spouse wants to move.
Replies: 128
Views: 8770

Re: Divorce w/child. Spouse wants to move.

At least TALK to a lawyer about your state's approach to this issue. This is a COMMON issue in divorce and most states have a standard way of dealing with it, and the sooner you learn this from an attorney the better off you will be in understanding what to do.
by William4u
Sat Jan 19, 2019 1:34 am
Forum: Personal Consumer Issues
Topic: Any admission pointers from pre- med/ med students?
Replies: 58
Views: 3569

Re: Any admission pointers from pre- med/ med students?

Do something interesting... Was he a violin major? Actually, this is a good idea. Admissions committees see a sea of Bio Majors, but get more interested in the majors that one might not expect, like in the arts or liberal arts. Just out of curiosity I often ask who is the top med student at a parti...
by William4u
Tue Jan 15, 2019 12:26 pm
Forum: Personal Consumer Issues
Topic: 2019 Camry vs RAV4
Replies: 48
Views: 6501

Re: 2019 Camry vs RAV4

You never know what these cars REALLY cost until you use something like the "Fighting Chance Method" and you use competitive bidding among a dozen toyota dealerships. I got a new Prius with BSM etc. a year ago for $20k before taxes and TTL this way. Prices can vary quite a lot over the year, and wha...
by William4u
Sun Jan 13, 2019 2:10 pm
Forum: Personal Consumer Issues
Topic: Anyone raised 3 kids WITHOUT buying a 3-row vehicle?
Replies: 82
Views: 6194

Re: Anyone raised 3 kids WITHOUT buying a 3-row vehicle?

One more point in the minivan vs SUV comparision. We had a Sienna when the kiddos were little. When oldest got to driving age we passed on my wife's CR-V to the oldest to take to college and bought her a Highlander. So we have lots of experience in the minivan (over 300,000 miles on it) and more re...
by William4u
Fri Jan 11, 2019 5:16 pm
Forum: Personal Consumer Issues
Topic: Anyone raised 3 kids WITHOUT buying a 3-row vehicle?
Replies: 82
Views: 6194

Re: Anyone raised 3 kids WITHOUT buying a 3-row vehicle?

Everyone I know was very happy after they got the minivan. They say things like, "I can't believe I waited this long to buy a minivan."
by William4u
Wed Dec 19, 2018 9:35 am
Forum: Personal Consumer Issues
Topic: Math: How much would you spend to repair this car?
Replies: 53
Views: 2584

Re: Math: How much would you spend to repair this car?

Get a new car. Even if you fixed it, there is no way to prevent lots of little issues from the fix that will make it difficult or unsafe. A "fixed" totaled car is never right again.
by William4u
Thu Dec 06, 2018 9:23 pm
Forum: Personal Consumer Issues
Topic: 2019-Toyota Camry Hybrid XLE /w JBL,Driver Assist - Negotiate
Replies: 19
Views: 1707

Re: 2019-Toyota Camry Hybrid XLE /w JBL,Driver Assist - Negotiate

I would make an offer to several dealers OTD well below that price and see who comes the closest. This is what I did. When I just asked a dealer for their best price, it was $5k more than what I ended up paying after I did competitive OTD-price bidding from the 12 closest toyota dealers. I pretty m...
by William4u
Thu Nov 29, 2018 10:57 pm
Forum: Personal Consumer Issues
Topic: Why is the Honda Fit so hard to find?
Replies: 63
Views: 6738

Re: Why is the Honda Fit so hard to find?

Consider looking at the Corolla Hatchback. https://www.toyota.com/corollahatchback/ So I've been researching that car the past few days. I looked at it before when it was the rebranded Scion iM and didn't care for it as much as other cars. But it looks like they changed the car completely for 2018 ...
by William4u
Mon Nov 26, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: Prime MM vs 6-month Treasury in IRA
Replies: 94
Views: 11171

Re: Prime MM vs 6-month Treasury in IRA

I have some concern that Prime has the ability to restrict withdrawals/impose fees in extreme situations. The Fed money market has none of these restrictions for about 11 bps less. Treasury Money Market is another option if you investing $50k it has the same yield as Prime with no restrictions/with...
by William4u
Sun Nov 18, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Is my husband ready to quit tenured professorship to pursue side hustle?
Replies: 97
Views: 11008

Re: Is my husband ready to quit tenured professorship to pursue side hustle?

My wife and I are tenured professors and we are familiar with book deals with commercial presses. The textbook market is extremely competitive and no one can count on $70,000 a year without regularly updating the textbook. Publishers generally prefer a current professor writing a book than a Emeritu...
by William4u
Sun Nov 18, 2018 2:09 pm
Forum: Investing - Theory, News & General
Topic: Prime MM vs 6-month Treasury in IRA
Replies: 94
Views: 11171

Re: Prime MM vs 6-month Treasury in IRA

I have some concern that Prime has the ability to restrict withdrawals/impose fees in extreme situations. The Fed money market has none of these restrictions for about 11 bps less. Treasury Money Market is another option if you investing $50k it has the same yield as Prime with no restrictions/with...
by William4u
Mon Nov 12, 2018 4:41 pm
Forum: Personal Investments
Topic: Move savings to Prime Money Market Fund (VMMXX)
Replies: 55
Views: 10015

Re: Move savings to Prime Money Market Fund (VMMXX)

For these reasons I prefer Vanguard's Federal MM over Prime MM. How do I find out how much of Federal MM is taxable in my state? I found the PDF that showed the taxable percentages for their municipal funds, but nothing on Federal MM. 69.86% from US Govt Obligations. https://personal.vanguard.com/p...