Search found 427 matches

by drzzzzz
Sun Nov 10, 2019 6:43 pm
Forum: Personal Investments
Topic: Questions about Fidelity Charitable DAF
Replies: 14
Views: 1038

Re: Questions about Fidelity Charitable DAF

Having Fidelity send checks is so easy - just put in the charity name and they do all the paperwork (minimum donation $50 which is so much less than Vanguard). I have transferred both stocks and mutual funds to the account and it happens quickly especially if the mutual funds are at Fidelity since i...
by drzzzzz
Sat Oct 12, 2019 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Pension or Lump Sum
Replies: 11
Views: 1152

Re: Pension or Lump Sum

Thanks for all the information and advice - I have to pin down her exact social security since it will either be based on her wages (and she hasn't worked her entire career) or else 1/2 of her prior husband's social security since they were married long enough for her to qualify on his earnings. It ...
by drzzzzz
Fri Oct 11, 2019 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Pension or Lump Sum
Replies: 11
Views: 1152

Re: Pension or Lump Sum

Given her undisclosed current employment status, income and plans to claim SS, would she benefit from taking a lump sum now and put that into an annuity for $465 per month based on immediateannuities.com. Cheers She is working at another company, covering her expenses, and doesnt need to take the a...
by drzzzzz
Fri Oct 11, 2019 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Pension or Lump Sum
Replies: 11
Views: 1152

Pension or Lump Sum

Hi I am trying to help a relative evaulate a pension offer from a large pharm company that she was laid off from a few years back. She is single, in good health, and has limited resources; she will be 65 in 3 years at which time her monthly life-time annuity is $545 from the company. There is no COL...
by drzzzzz
Sun Sep 22, 2019 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Married A/B Trust or Married A Trust
Replies: 13
Views: 1370

Re: Married A/B Trust or Married A Trust

The original post raises a few red flags that suggest it might be worth reviewing the plan, though depending upon the mother's degree of capacity she may or may not be in a position to change it: 1. The reference to "my parents set up a Married A/B trust" suggests they may have bought a California ...
by drzzzzz
Sun Sep 22, 2019 8:25 am
Forum: Personal Investments
Topic: Recommendations Needed for Flat Rate Fee only Fiduciary Advisor
Replies: 8
Views: 736

Re: Recommendations Needed for Flat Rate Fee only Fiduciary Advisor

I have used Allan Roth https://daretobedull.com/ All done on the phone, currently I think charges around $400 or $450 per hour and he will be upfront about whether you are a good fit with him and how many hours based upon what you are looking to do. Google his name and you will see his posts on here...
by drzzzzz
Sat Sep 21, 2019 8:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard said to offer Digital Advisory Service [Robo-Advisor]
Replies: 85
Views: 7314

Re: Vanguard said to offer Digital Advisory Service

I think many of the comments about TLH might be wishful thinking and more positive than what their statement actually says. When we used Vanguard PAS, for example, I had numerous discussions with them about TLH since their approach at that time made no sense to me - they only used average cost at th...
by drzzzzz
Fri Sep 20, 2019 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Married A/B Trust or Married A Trust
Replies: 13
Views: 1370

Re: Married A/B Trust or Married A Trust

Thanks for all the responses - I have just reviewed their trust paperwork and I am not a lawyer, but is setting up an irrevocable Trust B when the first person dies optional or required in a Marital A/B trust. thanks
by drzzzzz
Thu Sep 19, 2019 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Married A/B Trust or Married A Trust
Replies: 13
Views: 1370

Married A/B Trust or Married A Trust

hi was hoping someone could explain this to me. I gather my parents set up a Married A/B trust in New Jersey (probably 20 years ago) and recently received a letter from their attorney that suggested simplifying the "complicated" Married A/B trust to a simple Married A trust to ensure simplicity at p...
by drzzzzz
Thu Sep 19, 2019 9:57 am
Forum: Investing - Theory, News & General
Topic: (NEW) WisdomTree 90/60 U.S. Balanced Fund
Replies: 325
Views: 34364

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

Long thread and have tried to read most of it. While I realize NTSX is a relatively new ETF, I see it distributes dividends, but was wonderling if it is likely to generate capital gains in the future that will be distributed or become more tax inefficient? Is there a problem holding this ETF in a ta...
by drzzzzz
Thu Sep 19, 2019 9:38 am
Forum: Personal Investments
Topic: Fidelity Review
Replies: 15
Views: 2013

Re: Fidelity Review

Ran a bunch of Scenarios at Fido office today (Using both Retirement Planner and eMoney) I had populated each prior to meeting. Rep had a much more useful interface (he could save out umpteen scenarios by name and then combine them in different scenarios / time periods, different combos.) Was helpf...
by drzzzzz
Wed Sep 18, 2019 11:11 am
Forum: Personal Consumer Issues
Topic: Need to buy new over the range microwave; which brand/model is reliable?
Replies: 16
Views: 949

Re: Need to buy new over the range microwave; which brand/model is reliable?

GE advantium has been pretty impressive - seems to be able to do just about anything and has been reliable.
by drzzzzz
Wed Sep 18, 2019 11:04 am
Forum: Investing - Theory, News & General
Topic: What do you think about Dan Wiener
Replies: 82
Views: 5885

Re: What do you think about Dan Wiener

As someone else who has purchased his service for $99 for a year, I was curious about what he would recommend or say in his newsletters. I think many of his articles have value and are well researched, others too basic for individuals on here. He really only uses Vanguard funds and ETFs. His differe...
by drzzzzz
Fri Sep 13, 2019 11:32 am
Forum: Personal Investments
Topic: RMD & Charitable Contribution
Replies: 17
Views: 1457

Re: RMD & Charitable Contribution

As many have noted you should do a QCD directly from the IRA account and use Vanguard who will make out the check and send it to you to forward to your charity. What we have started to do, however, is to transfer our RMD for the year to a Fidelity IRA since Fidelity will give you a book of checks on...
by drzzzzz
Wed Sep 11, 2019 1:30 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1469
Views: 102521

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Can someone clarify something for me - if you are rebalancing quarterly are you rebalancing to 40/60 upro/tmf or rebalancing using portfolio visualizer to the market timing percentages in that monthly worksheet? For example as of September 10 it says 49/51 upro/tmf. While August appears to have been...
by drzzzzz
Mon Sep 09, 2019 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Estate and Tax Attorney
Replies: 6
Views: 994

Estate and Tax Attorney

Hi, live in Pennsylvania and am looking to find an estate and tax attorney near the Philadelphia area - how do individuals go about doing this and what should you ask the lawyers as you talk to them to decide if they willmeet your needs. We are a married couple and recently moved to PA, so we want t...
by drzzzzz
Sun Sep 08, 2019 5:59 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1469
Views: 102521

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

So Vanguard has this on their site: On January 22, 2019, Vanguard Brokerage stopped accepting purchases in leveraged and inverse mutual funds, ETFs (exchange-traded funds), and ETNs (exchange-traded notes). These products, which are speculative in nature, run counter to our investors' focus on the ...
by drzzzzz
Sun Sep 08, 2019 7:31 am
Forum: Personal Finance (Not Investing)
Topic: When do you start gifting the max to your family members? When is enough NW totally enough?
Replies: 80
Views: 9655

Re: When do you start gifting the max to your family members? When is enough NW totally enough?

Interesting question and as I think about it earlier might be more advantageous for us since Pennsylvania has an inheritance tax of 12% on transfers to siblings or other non-direct lineals (even gifts to your adult children get taxed) at the time of death. I also find gifts can be more valuable for ...
by drzzzzz
Sat Aug 31, 2019 10:38 am
Forum: Personal Investments
Topic: Alternatives to BIV? Return too low?
Replies: 36
Views: 1878

Re: Alternatives to BIV? Return too low?

I am not sure if anyone has really answered your original question so I will take a stab at it - I have an intermediate bond fund, but I also have treasury bills, as well as CDs (since for the last many months the CD yield has been higher than bonds - but I also realize that can change and that I w...
by drzzzzz
Fri Aug 30, 2019 3:11 pm
Forum: Personal Investments
Topic: Alternatives to BIV? Return too low?
Replies: 36
Views: 1878

Re: Alternatives to BIV? Return too low?

I am not sure if anyone has really answered your original question so I will take a stab at it - I have an intermediate bond fund, but I also have treasury bills, as well as CDs (since for the last many months the CD yield has been higher than bonds - but I also realize that can change and that I wo...
by drzzzzz
Fri Aug 30, 2019 6:28 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1965
Views: 325008

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I transferred two accounts to Vanguard from TD and left a few cents in each because of their policy of charging $75 for a total withdrawal and no charge for a partial account transfer to another institution - sounds like a foolish policy that they might reconsider when they realize how many people a...
by drzzzzz
Wed Aug 28, 2019 7:30 pm
Forum: Investing - Theory, News & General
Topic: FZDXX- 1.81%. Security? [Fidelity Treasury Money Market]
Replies: 19
Views: 8635

Re: FZDXX- 1.81%. Security? [Fidelity Treasury Money Market]

Also use FZDXX in both a ROTH, traditional IRA, and regular accounts - my balances after setting up FZDXX are always below their stated thresholds in all the accounts, but I do realize they could say I am below and switch me to something else - will cross that bridge if it occurs.
by drzzzzz
Wed Aug 28, 2019 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Sale of House in NJ - any tax experts?
Replies: 5
Views: 705

Sale of House in NJ - any tax experts?

My parents are considering moving and selling their house in New Jersey. The capital gain they make on selling their house is below the threshold of $500,000 for two individuals so they will owe no federal taxes on the sale. If appears that New Jersey follows similar guidelines and I was just checki...
by drzzzzz
Fri Aug 23, 2019 6:51 pm
Forum: Personal Investments
Topic: Vanguard MM 10-day hold on written checks
Replies: 25
Views: 2035

Re: Vanguard MM 10-day hold on written checks

An earlier poster mentioned this already and this could be the issue. On the new brokerage platform you can't write checks on a money market account only on the settlement account - I used an old check and Vanguard as a "courtesy" cleared it, but explained that I needed to rip up the money market c...
by drzzzzz
Thu Aug 22, 2019 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity??
Replies: 70
Views: 6604

Re: Vanguard vs. Fidelity??

I wouldn't pay fees at Fidelity for Vanguard funds or ETF, consider IVV or ITOT (both commission free at Fidelity) or use their no cost mutual funds.
by drzzzzz
Thu Aug 22, 2019 12:07 pm
Forum: Personal Investments
Topic: Vanguard MM 10-day hold on written checks
Replies: 25
Views: 2035

Re: Vanguard MM 10-day hold on written checks

An earlier poster mentioned this already and this could be the issue. On the new brokerage platform you can't write checks on a money market account only on the settlement account - I used an old check and Vanguard as a "courtesy" cleared it, but explained that I needed to rip up the money market ch...
by drzzzzz
Mon Aug 19, 2019 10:11 pm
Forum: Personal Investments
Topic: I'm signing up for Vanguard PAS...
Replies: 40
Views: 4715

Re: I'm signing up for Vanguard PAS...

We used PAS in the past and to answer the OP's question, you will not be able to make trades or transactions yourself except from whatever settlement account or money market account that you have set up for ongoing expenses - ours was funded with a minimum balance that we wanted to have to be availa...
by drzzzzz
Thu Aug 15, 2019 4:35 pm
Forum: Investing - Theory, News & General
Topic: Personal Flagship Representaive Going Away
Replies: 126
Views: 13466

Re: Personal Flagship Representaive Going Away

We are Flagship Select, supposedly Vanguard's highest level for personal investors. TBH the level of service is not more elite compared to Voyager or Flagship. Half the time my Flagship Select rep is not even available so I get a random FS rep. Almost all the time it makes little to no difference. ...
by drzzzzz
Tue Aug 13, 2019 9:17 am
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 17032

Re: [Vanguard price glitches, incorrect market info for August 12, 2019]

IS anyone having difficulty getting onto Vanguard's website this morning on a chromebook or laptop? The site is just spinning
by drzzzzz
Fri Aug 09, 2019 7:18 pm
Forum: Personal Investments
Topic: Do you pause while doing a Backdoor Roth?
Replies: 16
Views: 1366

Re: Do you pause while doing a Backdoor Roth?

I was just talking to someone in the retirement department over at Vanguard who started cautioning me about doing a backdoor Roth. He felt it was cheating. He told me at least to consider waiting a bit between rolling my SEP IRA over to a Solo 401k at Schwab, and then moving that Solo401k back to V...
by drzzzzz
Fri Aug 09, 2019 3:52 pm
Forum: Personal Investments
Topic: Do you pause while doing a Backdoor Roth?
Replies: 16
Views: 1366

Re: Do you pause while doing a Backdoor Roth?

The most recent tax act addressed this and Ed Slott has a column about it - see link below for more details since allowed per this In the conference report for the Tax Cuts and Jobs Act, Congress weighed in and said “Although an individual with AGI exceeding certain limits is not permitted to make a...
by drzzzzz
Tue Aug 06, 2019 9:25 pm
Forum: Investing - Theory, News & General
Topic: How to calculate COST BASIS for old Accounts ??
Replies: 6
Views: 557

Re: How to calculate COST BASIS for old Accounts ??

Usually all your traditional IRA contributions are pretax dollars so everything in the account (original contributions and any growth of the account) is taxable when doing a Roth conversion (unless you have post-tax dollars in the account and have been filing a form 8606 to account for those). Cost ...
by drzzzzz
Mon Aug 05, 2019 9:25 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 295159

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

NTSX - where do individuals see this wisdom tree etf listed, when i checked on fidelity and tdameritrade,neither had quotes available for it or the ability to buy it? thanks NTSX shows up for me at fidelity (searched for ticker symbol, selected trade), and I was able to place an order for it (albei...
by drzzzzz
Mon Aug 05, 2019 1:54 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 295159

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

NTSX - where do individuals see this wisdom tree etf listed, when i checked on fidelity and tdameritrade,neither had quotes available for it or the ability to buy it? thanks
by drzzzzz
Thu Aug 01, 2019 1:58 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 295159

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

I have read the initial post and was wondering if someone could explain when rebalancing occurs with UPRO (40%)/ TMF (60%) - is the original poster still doing this quarterly and based upon rebalancing to these percentages or some other methodology. Thanks in advance if it is in the thread (which ha...
by drzzzzz
Wed Jul 31, 2019 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: What should I do about my father's stock market speculation/gambling problem?
Replies: 22
Views: 2614

Re: What should I do about my father's stock market speculation/gambling problem?

My father spends and loses a lot of money on gold stocks (for what reason he purchases them I have not been able to fathom), but his loses are huge and like a gambler is waiting for the stocks to go back up (which I doubt they will since he often buys leveraged ETFs which decay with time) - the only...
by drzzzzz
Wed Jul 31, 2019 6:56 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Hybrid Robo Advisor
Replies: 8
Views: 865

Re: Fidelity Hybrid Robo Advisor

But that is still more than Vanguard PAS if you want hand holding and the personal touch.
by drzzzzz
Tue Jul 30, 2019 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting Money TO Grandparents for Roth IRA
Replies: 26
Views: 1258

Re: Gifting Money TO Grandparents for Roth IRA

Depending on state law, the Roth IRA might be subject to the creditors of the grandparent. Very good point, it is not for the state we reside in but it is something to consider Are your parents comfortable with it? They may know things about your grandparents that you don't. They were actually the ...
by drzzzzz
Tue Jul 23, 2019 9:32 am
Forum: Personal Investments
Topic: How does Vanguard PAS service handle existing positions in taxable?
Replies: 7
Views: 962

Re: How does Vanguard PAS service handle existing positions in taxable?

We used PAS in the past and had a variety of assets that we were not going to sell such as individual stocks with large capital gains and a few other mutual fund positions and so they were separated into a new Vanguard account that PAS was not involved with since I saw no reason to pay the fee if th...
by drzzzzz
Sun Jul 21, 2019 10:07 pm
Forum: Personal Investments
Topic: Mechanics of transferring stock to adult offspring
Replies: 19
Views: 1393

Re: Mechanics of transferring stock to adult offspring

Make sure you keep track of the mail and call VG as necessary because VG is not very speedy in processing paperwork. Make sure you indicate in the signature guarantee section that you will call in to voice verify yourself ILO getting a Medallion stamp. Once VG tells you that your form has been scan...
by drzzzzz
Sun Jul 21, 2019 6:10 am
Forum: Personal Investments
Topic: Mechanics of transferring stock to adult offspring
Replies: 19
Views: 1393

Re: Mechanics of transferring stock to adult offspring

I have done this with sister, nephew, and niece who all have accounts at Vanguard. Simple to do over the phone with a rep and complicated enough that I wouldn't try to do it online so that there is a recording of what you are requesting - you will need to know the account number and the shares gets...
by drzzzzz
Sat Jul 20, 2019 10:31 pm
Forum: Personal Investments
Topic: Mechanics of transferring stock to adult offspring
Replies: 19
Views: 1393

Re: Mechanics of transferring stock to adult offspring

I have done this with sister, nephew, and niece who all have accounts at Vanguard. Simple to do over the phone with a rep and complicated enough that I wouldn't try to do it online so that there is a recording of what you are requesting - you will need to know the account number and the shares gets ...
by drzzzzz
Thu Jul 18, 2019 8:09 am
Forum: Personal Investments
Topic: Ferri? Or Vanguard PAS?
Replies: 64
Views: 5890

Re: Ferri? Or Vanguard PAS?

Where did this Rick Ferri guy come from? I have been on the site for around two years and never seen any advisors plugged. but over the last two or three days I've seen this guy's name thrown around a dozen times. Perhaps it's the cynic in me but I wonder why. If you've never heard of Rick before, ...
by drzzzzz
Sun Jul 14, 2019 7:31 am
Forum: Personal Investments
Topic: ORP and RPM recommend large mega Roth's from IRA
Replies: 44
Views: 2842

Re: ORP and RPM recommend large mega Roth's from IRA

CRTR - did incomestrategy give different recommendations from i-orp or rmp, or was it more granular and specific since you had greater control of the inputs in the simulation? thanks Yes and no. For each set of assumptions and user data, Income Strategy gives >20 different strategies. You can pick ...
by drzzzzz
Sat Jul 13, 2019 9:55 pm
Forum: Personal Consumer Issues
Topic: [Small, Portable, and Ductless Air Conditioners]
Replies: 68
Views: 5889

Re: [Small, Portable, and Ductless Air Conditioners]

Any recommendations for brands or windown air conditioner units? Just purchased a Danby unit at Costco which is going back tomorrow since it only seems to circulate air and not be cold (others on the site also complained of this). After looking at consumer reports and some other sites for recommenda...
by drzzzzz
Sat Jul 13, 2019 9:31 pm
Forum: Personal Investments
Topic: ORP and RPM recommend large mega Roth's from IRA
Replies: 44
Views: 2842

Re: ORP and RPM recommend large mega Roth's from IRA

I have another resource for you to consider. Like you, I was running all sorts of simulations with I-ORP, RMP spreadsheet and Flexible Retirement Planner. There is another option out there: www.incomestrategy.com It is a pay-to-play service but the basic membership fee is only $20/month. You can jo...
by drzzzzz
Fri Jul 05, 2019 9:18 am
Forum: Personal Investments
Topic: Taxation of assets held in a revocable living trust upon death question
Replies: 23
Views: 1767

Re: Taxation of assets held in a revocable living trust upon death question

What is the process for completing this? Can the account be simply re-titled or re-registered by VG? Or will our current VG account need to be closed and transferred over to a new account number? Any step-up implications either way? Thank you! We did this about two years back and retitled one accou...
by drzzzzz
Mon Jun 24, 2019 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Triage in ER - charged $790
Replies: 60
Views: 4836

Re: Triage in ER - charged $790

I would complain to the CEO with a copy to the state department of health and look to see if your local newspaper looks into these types of stories. I would also ask them to justify the coding based upon your complaints and vital signs since it sounds more like a lower level rather than level 2 sinc...
by drzzzzz
Sun Jun 23, 2019 10:03 pm
Forum: Personal Investments
Topic: Roth IRA transfer when you no longer qualify for Roth...?
Replies: 3
Views: 353

Re: Roth IRA transfer when you no longer qualify for Roth...?

You can transfer a Roth IRA from one custodian to another without any issues, you should call Vanguard and let them do it with you and get the paperwork processed over the phone if you decide to transfer to Vanguard. You just open up a Roth account at Vanguard and then transfer into it. The transfer...
by drzzzzz
Sat Jun 22, 2019 9:43 pm
Forum: Personal Investments
Topic: Switch 403(b) to an IRA or Stay?
Replies: 17
Views: 926

Re: Switch 403(b) to an IRA or Stay?

You should list what options are available within your 403b in a post here so the individuals who reply have a better idea of what is available if there are other choices. Also do you get a match from work in your 403b and if so you should try to maximize that match since it won't be available in an...