Search found 1311 matches

by William4u
Mon Nov 12, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Move savings to Prime Money Market Fund (VMMXX)
Replies: 55
Views: 7431

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...
by William4u
Sun Nov 11, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Move savings to Prime Money Market Fund (VMMXX)
Replies: 55
Views: 7431

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

The settlement fund (VMFXX) has some minor advantages over prime money market (VMMXX): - Can withdrawl money immediately (often 1 day ACH to most banks), vs the T+2 settlement of prime - Similar or better return in medium/high tax states - A bit safer - holds mainly US gov debt, not subject to rede...
by William4u
Sun Nov 11, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Move savings to Prime Money Market Fund (VMMXX)
Replies: 55
Views: 7431

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

FYI, Vanguard Federal MM has a 2.13% compound yield, and is just 11 bp behind Prime MM's 2.24% yield. Federal MM has some advantages over Prime MM. For example, in many states Federal MM is tax advantaged for state tax (unlike Prime MM, which is taxed 100% as income for state taxes). So for many pe...
by William4u
Wed Nov 07, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Move savings to Prime Money Market Fund (VMMXX)
Replies: 55
Views: 7431

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

FYI, Vanguard Federal MM has a 2.13% compound yield, and is just 11 bp behind Prime MM's 2.24% yield. Federal MM has some advantages over Prime MM. For example, in many states Federal MM is tax advantaged for state tax (unlike Prime MM, which is taxed 100% as income for state taxes). So for many peo...
by William4u
Sun Oct 28, 2018 4:34 am
Forum: Personal Finance (Not Investing)
Topic: Girlfriend's Student Loans
Replies: 101
Views: 9269

Re: Girlfriend's Student Loans

The average cost of tuition at a public school right now is about $10,000 a year. $15,000 a year is a pretty typical cost for room and board. So getting debt to the tune of $25,000 a year for 4 years to equal $100,000 is not out of the ordinary. It doesn't strike me as irresponsible to accrue this k...
by William4u
Wed Oct 24, 2018 9:22 am
Forum: Investing - Help with Personal Investments
Topic: I-bonds or CDs
Replies: 10
Views: 2084

Re: I-bonds or CDs

First of all, 3% for a 5-year CD is not a good rate. Brokered CDs yield as much as 3.5% for 5 years. Besides that, if he amount of money is significant, I would not want to put it all into a 5-year CD. What if rates are much lower 5 years from now when you want to reinvest? I would suggest dividing...
by William4u
Wed Oct 10, 2018 9:06 pm
Forum: Personal Consumer Issues
Topic: Mazda 3 w/ Snow tire or Subaru AWD with All Season Tire
Replies: 56
Views: 3562

Re: Mazda 3 w/ Snow tire or Subaru AWD with All Season Tire

AWD Snow Tire > FWD Snow Tire > AWD All Season > FWD All Season Are you in the mountains? Then I'd go with a Subie/SUV/Pickup. Otherwise, Mazda is probably fine. I would refine this more like: AWD Snow Tire > FWD Snow Tire >>> AWD All Season > FWD All Season The difference given by snow tires is mu...
by William4u
Wed Oct 10, 2018 10:23 am
Forum: Personal Consumer Issues
Topic: Mazda 3 w/ Snow tire or Subaru AWD with All Season Tire
Replies: 56
Views: 3562

Re: Mazda 3 w/ Snow tire or Subaru AWD with All Season Tire

Not about these specific vehicles but... I was totally ready to scrape my Honda Odessesy because of "slip slidin' away" (Minnesota winter :happy ). Someone suggested snow tires. This might be the part that helps you. The first new set of snow tires were the top ranked Blizzack (sp). It rained and I...
by William4u
Tue Oct 09, 2018 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Switch to Ally or just Keep more in Vanguard Federal Money Market Fund
Replies: 21
Views: 2942

Re: Switch to Ally or just Keep more in Vanguard Federal Money Market Fund

Vanguard Federal MM yield is 2.03%. Prime MM is 2.22%. For most people, the higher yield, even with state taxes, is better. I use Ally for bill paying, using the local bank for notary, medallion, cash deposits, USPS money order deposits, etc. Ally holds a few months, Prime MM holds a few months. FY...
by William4u
Sun Sep 30, 2018 1:43 pm
Forum: Personal Consumer Issues
Topic: College Student Performance Issues
Replies: 83
Views: 4657

Re: College Student Performance Issues

OP, I went through 2 freshmen's orientation for parents. The 2 key points for avoiding freshmen drop out: 1) Show up for classes. As long as the students show up for classes, half of the battle is won. 2) Ask for help. The students need to learn to ask for help. The support system and help are avai...
by William4u
Sun Sep 30, 2018 1:42 pm
Forum: Personal Consumer Issues
Topic: College Student Performance Issues
Replies: 83
Views: 4657

Re: College Student Performance Issues

I'm a college prof. Your DD sounds just like about 50% of college students most anywhere. Most of these students end up figuring it out on their own and graduate just fine. The adjustment takes some time. Some have a rocky freshmen year and then do fine after that. She might not be doing all that ba...
by William4u
Sat Sep 29, 2018 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?
Replies: 45
Views: 4704

Re: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?

The emails I'm getting say that they cannot upgrade me without my permission, but they are trying to "guilt" me into it as others have mentioned. Because of the feedback here, I feel comfortable waiting until 2019.
by William4u
Sat Sep 29, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?
Replies: 45
Views: 4704

Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?

I keep getting Vanguard emails saying I need to "upgrade" to brokerage accounts ASAP. I want to hold off upgrading until 2019, since I have done a lot of taxable buying and selling in 2018. I have heard horror stories of Vanguard messing up cost basis and tax documents after an upgrade, so I want to...
by William4u
Sat Sep 29, 2018 9:09 am
Forum: Investing - Help with Personal Investments
Topic: How to set up direct deposit to Vanguard Prime Money Market?
Replies: 29
Views: 3354

Re: How to set up direct deposit to Vanguard Prime Money Market?

Federal Money Market, for the last year or so, is generally 13-15bp behind Prime Money Market. But Federal MM generally has better tax treatment (being partially exempt from state taxes). The difference in returns between Federal MM and Prime MM is very small, once taxes are calculated. Right now, F...
by William4u
Thu Sep 20, 2018 4:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - You'll need to sign up for security codes soon
Replies: 187
Views: 24853

Re: Vanguard - You'll need to sign up for security codes soon

Someone may have addressed this already: if I take care of my mother's vanguard account, can I get a separate username and password into her account, with my own SMS? That way, she gets an SMS on her phone, and I on mine, and there is no problem. If you’re asking whether you can use the same 2FA ph...
by William4u
Thu Sep 20, 2018 3:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - You'll need to sign up for security codes soon
Replies: 187
Views: 24853

Re: Vanguard - You'll need to sign up for security codes soon

Someone may have addressed this already: if I take care of my mother's vanguard account, can I get a separate username and password into her account, with my own SMS? That way, she gets an SMS on her phone, and I on mine, and there is no problem.
by William4u
Thu Sep 13, 2018 1:12 am
Forum: Personal Consumer Issues
Topic: Buying a new Toyota Camry. What extra options if any?
Replies: 70
Views: 4845

Re: Buying a new Toyota Camry. What extra options if any?

... plus over the life of the car the extra gas efficiency saves you more than $1000/year. That assumes some interesting assumptions. I spend between $400 and $600 a year on gasoline. I was using the average annual driving mileage that is on fueleconomy.gov (which is approx 15k/yr). Assuming averag...
by William4u
Sat Sep 08, 2018 7:10 pm
Forum: Personal Consumer Issues
Topic: Buying a new Toyota Camry. What extra options if any?
Replies: 70
Views: 4845

Re: Buying a new Toyota Camry. What extra options if any?

Looks like the 4 big options on LE's were: Blind Spot Monitor - I would 100% have this option Convenience Upgrade- Push start/ keyless entry etc. - I enjoy it Audio Upgrade - qi charging, bigger/ "better" screen etc. - not a must for me Moon roof - Not a must for me Google - 2018 Toyota Camry Featu...
by William4u
Fri Aug 10, 2018 3:14 pm
Forum: Investing - Theory, News & General
Topic: Turkey/Turkish Stocks down 32% - approaching 2008 levels
Replies: 106
Views: 12152

Re: Turkey/Turkish Stocks down 32% - approaching 2008 levels

Turkey etf down 18% more today alone (was down 21% earlier today). They have some problems that will continue for a while. The largest exchange-traded fund to track Turkey's equity market plummeted on Friday after the European Central Bank raised questions about a possible contagion from Turkey's em...
by William4u
Mon Aug 06, 2018 11:20 pm
Forum: Personal Consumer Issues
Topic: Your opinion on online courses?
Replies: 26
Views: 2327

Re: Your opinion on online courses?

I've talked to many profs about this. Admin loves online classes since they are great money makers. However, for the most part undergrads learn a lot less. A prof at another institutions turned a regular undergrad course into an online course and she showed her online syllabus to a colleague. The co...
by William4u
Fri Aug 03, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.80%]
Replies: 246
Views: 42114

Re: [Ally online savings now at 1.75%]

oldcomputerguy wrote:
Fri Aug 03, 2018 3:26 pm
FWIW, just got an email from Ally, they bumped up to 1.8%.
Vanguard Federal Money Market (for the Vanguard Sweep and their Advantage checking account) is 1.89% compound yield (and it is exempt from many state and local taxes). The Vanguard Prime MM is 2.08%.
by William4u
Sat Jul 28, 2018 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: Assisted Living Expenses
Replies: 30
Views: 2249

Re: Assisted Living Expenses

An n of 2 family members: each were in assisted living for about 2 years and in nursing care for less than a year before passing. Assisted living was around $4000 and nursing care around $7000 a month. Lets round up a bit and say that it was about $200k for assisted living/nursing home care. However...
by William4u
Sat Jul 21, 2018 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Family Foundation - Best way forward
Replies: 25
Views: 1888

Re: Charitable Family Foundation - Best way forward

Sounds like a lot of overhead to me going with a foundation. There are a group of professors at Ivy League universities who research the most efficient charities with the lowest "ER" so-to-speak. They want to most "bang" in terms of helping the most in need for their buck... https://www.effectivealt...
by William4u
Sun Jul 15, 2018 2:04 am
Forum: Investing - Theory, News & General
Topic: Change in Flagship Rep Service ?
Replies: 21
Views: 2442

Re: Change in Flagship Rep Service ?

I've always just called the Flagship phone number and talked to whomever answered. Called a few times last week about an issue with Vanguard Advantage checks, and was surprised that the wait time was about six minutes each time. Don't recall ever having to wait at all before. Also, was given incorr...
by William4u
Mon Jul 09, 2018 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Should I rollover 401 and 457? Newbie
Replies: 11
Views: 832

Re: Should I rollover 401 and 457? Newbie

If fees are that high, I'd roll them over into a less expensive Vanguard IRA, and do the 3 fund portfolio.
by William4u
Thu Jul 05, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: Anyone tilting heavy to international based on current forecasts?
Replies: 38
Views: 4365

Re: Anyone tilting heavy to international based on current forecasts?

I'm 50/50 domestic international, which is pretty close to market weight (VT is currently 51.7% domestic US stock, so I have a slight tilt to international). Of domestic stock, I'm 50% VTI, 50% VBR (small value tilt). Of international stock, I'm 50% VXUS, 25% VSS, 25% VWO (small and emerging tilt). ...
by William4u
Wed Jul 04, 2018 10:17 pm
Forum: Personal Consumer Issues
Topic: Thinking about moving to Madison, WI or Minneapolis, MN..Any advice?
Replies: 96
Views: 9491

Re: Thinking about moving to Madison, WI or Minneapolis, MN..Any advice?

I've heard many complaints about the "MN Nice" thing from many transplants to Minneapolis and Minnesota. Minnesota is not like Wisonsin. While Minnesotans are generally polite, they are not "friendship oriented" towards outsiders and generally will not let you into their close social circles. In gen...
by William4u
Mon Jun 11, 2018 8:38 pm
Forum: Personal Consumer Issues
Topic: Best water filtration system ?
Replies: 13
Views: 1031

Re: Best water filtration system ?

This one was #1 in CR one year and is a great value for a simple under sink install... https://www.amazon.com/Watts-WP500313-U ... 0018MXH04/
by William4u
Wed Jun 06, 2018 1:50 pm
Forum: Personal Consumer Issues
Topic: Upgrade to SSD for 5-year old desktop?
Replies: 64
Views: 4087

Re: Upgrade to SSD for 5-year old desktop?

8foot7 wrote:
Wed Jun 06, 2018 1:49 pm
The SSD will breathe new life into your machine and easily last another five years. Do it.
+1 Exactly.
by William4u
Tue Jun 05, 2018 3:33 pm
Forum: Personal Consumer Issues
Topic: Backpacking in Guatemala and El Salvador?
Replies: 31
Views: 3333

Re: Backpacking in Guatemala and El Salvador?

The safest countries in Central America are 1. Nicaragua 2. Costa Rica ... I would not visit El Salvador. I would visit Nicaragua instead. A hidden gem. Nicaragua is going through a lot of political unrest right now, some describe it as on the brink of calamity. https://www.bostonglobe.com/opinion/...
by William4u
Sun Jun 03, 2018 6:11 am
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 4376

Re: Friends with an EJ Advisor

The whole EJ shtick is to pretend to be your good friend. Beware of EJ "friends." I'd end the quasi-friendship.
by William4u
Tue May 29, 2018 2:19 am
Forum: Investing - Theory, News & General
Topic: Is inflation the greatest risk to retirement portfolios?
Replies: 100
Views: 8922

Re: Is inflation the greatest risk to retirement portfolios?

Vanguard on the 5 major risks you face in retirement, FYI... https://investornews.vanguard/the-5-major-risks-you-face-in-retirement/ 1. Market risk Unexpected changes in investment returns, inflation, or other market variables. How to handle it: Think carefully about the asset allocation of your por...
by William4u
Fri May 04, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: I inherited 1 million dollars, should I open an IRA or keep adding money to this million dollar brokerage account
Replies: 52
Views: 5677

Re: I inherited 1 million dollars, should I open an IRA or keep adding money to this million dollar brokerage account

If you have a pool of after tax money getting as much of that as possible placed in a Roth would be to your advantage, but the maximum annual contribution allowed for a Roth ($5500/$6500 per person) is so small that the option is irrelevant. Placing the money in tax deferred I bonds is also irrelev...
by William4u
Tue May 01, 2018 5:22 am
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 317
Views: 89201

Re: My New Car Buying Tips

We thought we had a deal with two different dealers, only to have the final purchase agreements I requested by email look different than the numbers I'd confirmed earlier via email and phone -- crap like tacking on random fees/taxes or including a rebate we didn't qualify for just so they could low...
by William4u
Wed Apr 18, 2018 3:11 pm
Forum: Personal Consumer Issues
Topic: 2018 Honda Fit EX
Replies: 33
Views: 3088

Re: 2018 Honda Fit EX

We were very much considering one. I really like the car, but you definitely pay for the Honda reputation. We were unable to find one locally for <$20k OTD, which was ~$5k more than comparable vehicles 20k OTD, good gracious! We bought a 2017 Prius for 22.3k OTD (fighting chance method), which is a...
by William4u
Fri Apr 13, 2018 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to find out about North Carolina Index Fund
Replies: 4
Views: 394

Re: Best way to find out about North Carolina Index Fund

It is the same as VOO (S&P500 index), which is very similar to VTI (Total Domestic Index). Your fund is not really an NC fund, it is a fund that tracks the S&P500, which is a well diversified large cap US fund. The fund is named "NC" simply because it is offered to NC employees, and not because of t...
by William4u
Thu Apr 05, 2018 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: How does one adjust salaries to account for housing costs when considering a move?
Replies: 24
Views: 1723

Re: How does one adjust salaries to account for housing costs when considering a move?

The two options look close in immediate future financial terms. So I would focus almost entirely on how they affect other factors, like quality of life, spending time with family, commute distance, quality of schools, distance from family and friends, enjoyment of the job, potential for career advan...
by William4u
Thu Apr 05, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Edward Jones
Replies: 26
Views: 4162

Re: Edward Jones

Great story on the history of Edward Jones -- https://kronstantinople.blogspot.com/p/edward-jones-saga.html They started out quite idealistically. Not anymore. Potential clients should read this before they invest with EJ. It is a bit long, but there are some eye opening parts that people should kn...
by William4u
Thu Apr 05, 2018 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor fees? Am I paying too much?
Replies: 54
Views: 5468

Re: Financial Advisor fees? Am I paying too much?

Here is a recent post by a person who was with Ameriprise (expensive financial advisors who are not well received here) one year ago. This person became a boglehead 1 year ago and is now on an improved financial path... https://www.bogleheads.org/forum/viewtopic.php?p=3865054#p3865054 You could be d...
by William4u
Wed Apr 04, 2018 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor fees? Am I paying too much?
Replies: 54
Views: 5468

Re: Financial Advisor fees? Am I paying too much?

Yes, you are playing too much (as others have noted). Here is how those fees can affect you. If I had to bet, I would bet that your advisor is making money by pushing high fee funds that cost you in addition to his/her annual AUM fee of 1.55%. If I had to bet, I suspect it would add up to about 3% p...
by William4u
Wed Apr 04, 2018 4:34 am
Forum: Personal Finance (Not Investing)
Topic: 2018 Camry. What's wrong with me?
Replies: 99
Views: 6970

Re: 2018 Camry. What's wrong with me?

I like the Camry, since it is a reliable, safe, economical, comfortable car. It is not a BMW, which is safe and comfortable but not reliable or economical by comparison. It sounds like you might want an impossible combination of a Camry and a BMW, with all the Camry goodness plus a great driving exp...
by William4u
Fri Mar 30, 2018 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Recommend a HELOC: DCU, NFCU, or another?
Replies: 6
Views: 820

Re: Recommend a HELOC: DCU, NFCU, or another?

Kenkat wrote:
Fri Mar 30, 2018 1:35 pm
I have a HELOC through Third Federal Savings, 3.74%, no fees to open (for me at least, I was an existing customer). Easy process and they keep all of the servicing in house. They are not available in all states however.
Not available in MN, I'm afraid. Thanks.
by William4u
Fri Mar 30, 2018 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Recommend a HELOC: DCU, NFCU, or another?
Replies: 6
Views: 820

Recommend a HELOC: DCU, NFCU, or another?

Hi, We are applying for a HELOC soon for about $100k, and were looking into DCU (Digital Credit Union) and NFCU (Navy Federal Credit Union). For DCU and NFCU, they both have the same rate now (4.5%) and similar conditions. NFCU charges some small origination fee (a few hundred dollars) but DCU charg...
by William4u
Wed Mar 14, 2018 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 15109

Re: Need advice re: Liberal Arts Colleges...

Lots of myths that need busting... 1. It is a myth that undergrad B-School degrees get you a high-paying job. MBA degrees might, but undergrad B-School degrees tend to lag behind the liberal arts and stem degree holders. 2. Some STEM degrees lag behind some liberal arts degrees in terms of lifetime...
by William4u
Wed Mar 14, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 15109

Re: Need advice re: Liberal Arts Colleges...

Lots of myths that need busting... 1. It is a myth that undergrad B-School degrees get you a high-paying job. MBA degrees might, but undergrad B-School degrees tend to lag behind the liberal arts and stem degree holders. 2. Some STEM degrees lag behind some liberal arts degrees in terms of lifetime...
by William4u
Wed Mar 14, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 15109

Re: Need advice re: Liberal Arts Colleges...

For example, Philosophy majors have the highest acceptance rates to med school, law school, and MBA programs; That probably has more to do with the characteristics of students who choose to major in Philosophy as opposed to the major itself. Those students would probably have a high rate of accepta...
by William4u
Wed Mar 14, 2018 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 15109

Re: Need advice re: Liberal Arts Colleges...

Lots of myths that need busting... 1. It is a myth that undergrad B-School degrees get you a high-paying job. MBA degrees might, but undergrad B-School degrees tend to lag behind the liberal arts and stem degree holders. 2. Some STEM degrees lag behind some liberal arts degrees in terms of lifetime ...
by William4u
Wed Mar 14, 2018 2:05 pm
Forum: Personal Consumer Issues
Topic: Backpacking in Guatemala and El Salvador?
Replies: 31
Views: 3333

Re: Backpacking in Guatemala and El Salvador?

The safest countries in Central America are 1. Nicaragua 2. Costa Rica The most dangerous countries in Central America are 1. Honduras 2. El Salvador Guatemala can be very dangerous too, especially outside of Xela and Antigua in areas where there are a lot of tourists. I would not visit El Salvador....
by William4u
Tue Mar 13, 2018 12:07 am
Forum: Personal Consumer Issues
Topic: Balsamic vinegar?
Replies: 31
Views: 4235

Re: Balsamic vinegar?

I love balsamic vinegar, and love the good stuff. I have never found really good balsamic vinegar in a chain store. I consider that stuff the equivalent of drinking Boone's Farm wine. I only use that for mixing in recipes in which the balsamic taste is faint. The decent stuff can be ordered on amazo...
by William4u
Mon Mar 12, 2018 1:37 pm
Forum: Personal Consumer Issues
Topic: Should we buy my wife a new car?
Replies: 53
Views: 4266

Re: Should we buy my wife a new car?

ESC doesn’t help you drive out of a snow drift. For what sounds like a few days a year, I wouldn’t do anything, buts that’s just me. Drive slowly and carefully in inclement conditions. JT Thanks bottle cap. I know ESC isn't helpful driving out of snow drift. It was just a comment on the safety equi...