Search found 278 matches

by camaro327
Fri May 01, 2020 5:13 am
Forum: Personal Investments
Topic: Individual stocks, better in Roth IRA or taxable account?
Replies: 21
Views: 1588

Re: Individual stocks, better in Roth IRA or taxable account?

It depends on if you intend to be more of a short-term or long-term stock trader/investor. If your planning on trading to make a quick profit or keeping most trades under one year, then you should utilize an IRA. If your planning on investing with the intent to hold longer than a year then a taxable...
by camaro327
Sun Apr 05, 2020 7:21 am
Forum: Personal Investments
Topic: Technical Question on Roth IRA Conversion
Replies: 12
Views: 584

Re: Technical Question on Roth IRA Conversion

Thanks for all the great replies.
by camaro327
Sat Apr 04, 2020 11:02 am
Forum: Personal Investments
Topic: Technical Question on Roth IRA Conversion
Replies: 12
Views: 584

Re: Technical Question on Roth IRA Conversion

Yes. As long as the source can be traced to an employer 401k, subsequent transactions within the Rollover IRA do not alter the characteristics. If you take distributions out of the Rollover IRA, those distributions are not protected. Roth conversions, full or partial, are a form of distribution So ...
by camaro327
Sat Apr 04, 2020 10:29 am
Forum: Personal Investments
Topic: Technical Question on Roth IRA Conversion
Replies: 12
Views: 584

Re: Technical Question on Roth IRA Conversion

I'm looking at keeping the Rollover separate since it comes from an employer plan and is subject to ERISA vs the Mutual Fund IRA which contains my yearly IRA contributions.

I realize that all IRAs are considered as one.
by camaro327
Sat Apr 04, 2020 10:12 am
Forum: Personal Investments
Topic: Technical Question on Roth IRA Conversion
Replies: 12
Views: 584

Technical Question on Roth IRA Conversion

Currently I have the following accounts at Vanguard:

Roth IRA Mutual Fund Account

Rollover IRA

How do I complete a conversion of the Rollover IRA without commingling it with the Mutual Fund Account?
by camaro327
Sat Mar 28, 2020 7:31 am
Forum: Personal Investments
Topic: Negative T-bills
Replies: 39
Views: 2838

Re: Negative T-bills

The 4 week, 8 week, and 13 week T-bills all were sold at a 0.00% yield this past week. These were all new issues at auction.
by camaro327
Thu Mar 26, 2020 5:08 am
Forum: Investing - Theory, News & General
Topic: There Is No Gold
Replies: 160
Views: 12271

Re: There Is No Gold

I have a single Krugerrand (gift from my father in the 80s) that I'd love to sell. Given the lockdowns, etc., what would those of you with experience recommend as a method to sell it? I seem to have plenty of capital losses to absorb the gain. :oops: I would look for a local dealer once they are op...
by camaro327
Sun Mar 22, 2020 6:17 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank CD rate & timing of funding
Replies: 8
Views: 785

Re: Ally Bank CD rate & timing of funding

I had a similar thing happen with their 13 month CD. The rate displayed is the rate in effect on the date the money arrives, however you do receive the high rate over the first 10 days. The rate you opened it at will show after 10 days as long as it is the high rate for the 10 day period. Hope this ...
by camaro327
Fri Mar 20, 2020 7:51 am
Forum: Personal Investments
Topic: When will S&P 500 go back to 3386 ?
Replies: 98
Views: 6249

Re: When will S&P 500 go back to 3386 ?

I’ll pick May 2022. I think there’s going to be a lot of rethinking by businesses regarding supply chains, disaster plans, etc.
by camaro327
Tue Mar 17, 2020 4:45 am
Forum: Personal Finance (Not Investing)
Topic: Any reason NOT to wait until April to buy I bonds?
Replies: 8
Views: 763

Re: Any reason NOT to wait until April to buy I bonds?

Buy at the end of March. Get the clock running on the one year redemption period.
by camaro327
Fri Jan 31, 2020 5:29 am
Forum: Personal Consumer Issues
Topic: Mazda 3 v Civic Si
Replies: 46
Views: 2790

Re: Mazda 3 v Civic Si

I drive an 8th gen Civic SI and it has proved to be a pretty good car overall, except for some paint issues. The 10th gen SI’s turbo gives the car lots of low end power that was missing from the earlier generations. The interiors are much better made on the 10th gen also. These are great cars if you...
by camaro327
Thu Jan 23, 2020 5:53 am
Forum: US Chapters
Topic: Sad news: LadyGeek's husband has passed
Replies: 352
Views: 26580

Re: Sad news: LadyGeek's husband has passed

My sympathies on your loss.
by camaro327
Wed Oct 23, 2019 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited Annuity - Best Payment Method
Replies: 4
Views: 723

Re: Inherited Annuity - Best Payment Method

Now that's only the lump sum strategy (our preference). You could also do it in chunks over the 5 years and do the same as above on a smaller basis each year during that 5 year period. It all depends on what your goals are with that inheritance. We would not be fans of the stretch option as we woul...
by camaro327
Wed Oct 23, 2019 4:14 am
Forum: Personal Finance (Not Investing)
Topic: Inherited Annuity - Best Payment Method
Replies: 4
Views: 723

Inherited Annuity - Best Payment Method

I recently inherited a small annuity. I'm looking for some thoughts on the best tax strategy option for the payment. Here are the details: Current Taxable Amount $17,000 Fixed Interest Rate of 4.0%. Options for payment: 1. Lump Sum Payment. 2. Delayed Distribution. It can be delayed up to 5 years an...
by camaro327
Sat Aug 24, 2019 10:08 am
Forum: Personal Investments
Topic: Forced to market time, on the wrong day... how to fix?
Replies: 53
Views: 4210

Re: Forced to market time, on the wrong day... how to fix?

If you’re concerned about losses in the market then I’d recommend a FDIC insured savings account.
by camaro327
Tue Aug 20, 2019 5:10 pm
Forum: Personal Investments
Topic: Finally ready to start a taxable account - Need some advice
Replies: 25
Views: 2689

Re: Finally ready to start a taxable account

It’s 4.95 to trade etfs, including vti. The $75 fee applies to Vanguard mutual fund trades.
by camaro327
Sat Aug 10, 2019 3:19 am
Forum: Personal Finance (Not Investing)
Topic: $3,400/yr seem reasonable for insurance? Reduce this cost???
Replies: 27
Views: 2867

Re: $3,400/yr seem reasonable for insurance? Reduce this cost???

This seems reasonable. You should always get a couple other quotes before settling on an insurer.

As others have mentioned, rates can be significantly different in different parts of the country.
by camaro327
Sun Jul 28, 2019 6:10 am
Forum: Investing - Theory, News & General
Topic: Selling IBond
Replies: 4
Views: 899

Re: Selling IBond

However you might as well wait, as you can buy an ibond up to the last day of the month and get interest credited for the entire month. In other words, redeem it on 8/1 and let the money set in your savings account until almost the last day of the money and then buy your ibond. Double dipping. +1 Y...
by camaro327
Fri Jul 19, 2019 4:43 am
Forum: Personal Investments
Topic: Why keep low-interest I Bonds?
Replies: 24
Views: 3186

Re: Why keep low-interest I Bonds?

Since the fixed rate on the 5/12 I bonds is zero I would cash them in and buy 10,000 of new I bonds with the 0.5% fixed rate. The fixed rate stays with the I bonds as long as you hold them/up to 30 years.
by camaro327
Thu Jun 20, 2019 3:03 am
Forum: Personal Finance (Not Investing)
Topic: HR telling my wife not to contribute 100% of her salary to 401k
Replies: 24
Views: 4618

Re: HR telling my wife not to contribute 100% of her salary to 401k

401k percentages are usually based on gross pay, so there won't be money left over to pay FICA and local payroll taxes. Rather than getting a pay check, I would think you would get a bill. But that is a hassle I would guess everyone would prefer to avoid. Exactly, the FICA needs to come out along w...
by camaro327
Tue Jun 04, 2019 5:52 pm
Forum: Personal Investments
Topic: Sell i-bonds?
Replies: 9
Views: 1326

Re: Sell i-bonds?

I am buying I bonds each year to get the most of the annual limit, but those bonds with low fixed rates (0, .1, .2, etc.) going to be sold eventually for a home down payment. I don't think i bonds are worth buying until November, however .5 fixed is pretty solid imho. I think they are a reasonable ...
by camaro327
Wed May 15, 2019 4:59 am
Forum: Personal Investments
Topic: Should I switch from Fidelity Total Market Index to a Vanguard Total Market ETF?
Replies: 9
Views: 1567

Re: Should I switch from Fidelity Total Market Index to a Vanguard Total Market ETF?

FSKAX has an expense ratio of 0.015% vs VTI’s expense ratio of 0.03%. There might be some tracking error differences, but I don’t see any significant advantages or disadvantages either way.

If you invested a year ago I’m assuming the capital gains would be fairly small.
by camaro327
Thu Apr 25, 2019 5:14 am
Forum: Personal Finance (Not Investing)
Topic: Received money from Wells Fargo.
Replies: 33
Views: 3718

Re: Received money from Wells Fargo.

Bank CDs must be cashed in before they can be transferred to a brokerage. A bank’s direct CDs are non-marketable securities.

Early withdrawal penalty would apply.
by camaro327
Sat Mar 30, 2019 5:04 am
Forum: Personal Investments
Topic: What non-Vanguard funds to buy in Fidelity 401k BrokerageLink?
Replies: 12
Views: 830

Re: What non-Vanguard funds to buy in Fidelity 401k BrokerageLink?

I believe there are over 300 commission free ishares etfs. The only thing is the Vanguard etfs tend to have lower expense ratios, which help if holding for the long term. You can reinvest dividends into additional shares at no fee.
by camaro327
Tue Feb 26, 2019 5:39 am
Forum: Personal Consumer Issues
Topic: How often do you and your friends change engine oil?
Replies: 167
Views: 9635

Re: How often do you and your friends change engine oil?

10-12000 on my 2016 CRV(without the turbo engine dilution problem). I change it when the % gets to 15% like my manual states. I do this with my Honda also. New cars can go much further than the old 3K mile advice. However, I won’t push it past the recommended interval in the manual. New engines hav...
by camaro327
Sun Feb 10, 2019 7:13 am
Forum: Personal Consumer Issues
Topic: 3 year old tires installed (Sam's club). Should I do anything about this?
Replies: 104
Views: 9401

Re: 3 year old tires installed (Sam's club). Should I do anything about this?

From my experience tire stores will not put air in your tires if they are 10+ years old for liability reasons. I’ve never heard a six year rule before.
by camaro327
Sun Feb 03, 2019 9:26 am
Forum: Personal Investments
Topic: Ally Bank's nightmarish online reviews -- should I be worried?
Replies: 105
Views: 14734

Re: Ally Bank's nightmarish online reviews -- should I be worried?

I've been with them for over 5 years. Excellent website, quick transfers, very nice for savings and checking.
by camaro327
Wed Jan 30, 2019 6:52 am
Forum: Investing - Theory, News & General
Topic: What was your first Vanguard fund or ETF?
Replies: 72
Views: 5404

Re: What was your first Vanguard fund or ETF?

First fund: Prime Money Market
First stock fund: Total Stock Market
by camaro327
Fri Jan 18, 2019 5:51 am
Forum: Personal Investments
Topic: No 401K match new employer
Replies: 29
Views: 3310

Re: No 401K match new employer

It is really easy to miss one or two really low-ER funds in the midst of lots of high-ER funds. If you list the ticker, name, ER of each fund you can have more eyes looking at it to see if there is a reasonable one in the bunch. [/quote Check for this, even before my company switched from a high co...
by camaro327
Fri Jan 04, 2019 5:41 am
Forum: Personal Consumer Issues
Topic: Which Compact SUV Should I Buy?
Replies: 217
Views: 17275

Re: Which Compact SUV Should I Buy?

WhiteMaxima wrote:
Thu Jan 03, 2019 4:55 pm
Subaru Forester or Outback. Dogs like Outback. easy jump in and out.
1 Subarus
2 RAV4
3 CRV

Coming from a nice Volvo, just stick to the higher trim levels on these.
by camaro327
Fri Dec 14, 2018 3:40 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 22423

Re: Favorite Purchase of 2018?

My s9. My old phone was too damn slow. Thank goodness for the BF sale on this.
by camaro327
Wed Dec 05, 2018 4:00 pm
Forum: Personal Consumer Issues
Topic: New QUIET Tires for Accord
Replies: 37
Views: 2815

Re: New QUIET Tires for Accord

I am looking at getting some new tires for my 2014 Accord Sport. The past 2 sets (Goodyear Eagle OEM; Hankook Ventus S1 Noble 2) have been extremely noisy after approximately 15,000 miles. Honda's are not known to be the quietest of cars. The Accord Sport is a performance oriented ride so it's alwa...
by camaro327
Sun Dec 02, 2018 6:30 am
Forum: Personal Consumer Issues
Topic: Please Recommend a New Car for Me
Replies: 53
Views: 4905

Re: Please Recommend a New Car for Me

Based on your current car being a golf with manual. I would consider the new Corolla Hatchback or the Civic Hatchback. However none of these address the size issue compared to suvs/trucks. You could move to a compact SUV for ride height. Maybe something like the Rav 4, CRV, or Forester, however I do...
by camaro327
Sun Nov 25, 2018 11:26 am
Forum: Personal Consumer Issues
Topic: Replacing TPMS stem/kit when replacing tires?
Replies: 16
Views: 1453

Re: Replacing TPMS stem/kit when replacing tires?

I just replaced my tires at Sams and they didn’t push the TPMS rebuild kit. My previous set was purchased at DT and they pushed it hard. Considering Sams and Costco are more concerned with matching OEM level speed rating etc, I won’t get overaly concerned with the TPMS rebuild kit. To actually repla...
by camaro327
Sun Oct 07, 2018 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Level of Auto Insurance to carry
Replies: 35
Views: 2049

Re: Level of Auto Insurance to carry

I've never been a big fan of comprehensive insurance. Apart from hail or a tornado, it seems like it's basically to protect against theft. While my own experiences are a small sample size, I've only known two people to have a vehicle stolen, and both vehicles were very old and not valuable at all. ...
by camaro327
Tue Sep 11, 2018 5:00 pm
Forum: Personal Consumer Issues
Topic: How often do you guys get alignment done on your cars?
Replies: 60
Views: 4579

Re: How often do you guys get alignment done on your cars?

On my previous car I did it twice before I sold it. It had over 200K miles on it when I sold it. I did it once around 150,000 miles and the dealer did it again slightly after 200,000 miles. My car was is in for repairs and was returned to me with an upside down steering wheel and had to be fixed. :o...
by camaro327
Sat Sep 08, 2018 8:36 pm
Forum: Personal Consumer Issues
Topic: Video Game Collection
Replies: 40
Views: 2948

Re: Video Game Collection

Some titles may continue to go up, but like others said maybe not enough to beat the s&p 500 or other stock investments. Elite baseball cards such as the 52 Mantle have continued to climb in price over the last 20 years, however they are the exception and not the rule. I think the key here is you've...
by camaro327
Thu Aug 23, 2018 8:19 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Zero ER Funds are underperforming their equivalent premium class index funds
Replies: 62
Views: 10329

Re: Fidelity Zero ER Funds are underperforming their equivalent premium class index funds

I watched FZROX and FSTVX since the launch. It’s totally rounding error at this point. We won’t know much until a few months have passed in regards to a performance comparison.
by camaro327
Mon Aug 20, 2018 6:40 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 814
Views: 97143

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

That's for ETFs. Mutual Funds are priced at the end of each day. No premium or discount.
by camaro327
Thu Aug 16, 2018 3:09 am
Forum: Personal Investments
Topic: Laddering I bonds as emergency fund
Replies: 8
Views: 1216

Re: Laddering I bonds as emergency fund

You need to read the I savings bonds wiki first. Make sure you understand the difference between the fixed rate and the inflation adjusted rate. Once you have done this then you can go back and revisit whether you want to sell any of the bonds you currently own and realize the taxes that you will ow...
by camaro327
Sat Jul 21, 2018 5:35 am
Forum: Personal Investments
Topic: Marcus Bank CD early withdrawal penalty question (+ bonus question!)
Replies: 2
Views: 688

Re: Marcus Bank CD early withdrawal penalty question (+ bonus question!)

Two take-aways: 1. As long as you meet the minimum to open the account you can open two CDs at 50k vs one at 100k and that would give you the additional flexibility in case you wanted to cash one in early. 2. Also check out Barclays Bank they offer the same 3% for a five-year CD, however their early...
by camaro327
Wed Jul 04, 2018 12:19 pm
Forum: Personal Consumer Issues
Topic: Tire experts? Can I trust a patched tire?
Replies: 47
Views: 4977

Re: Tire experts? Can I trust a patched tire?

I’ve used discount tire and they will not repair a tire puncture to a sidewall. They will for only do it if it’s an area that is repairable, usually the tread. Fine for driving as others have stated.
by camaro327
Sun Jul 01, 2018 6:23 am
Forum: Investing - Theory, News & General
Topic: What is your one favorite Fidelity Fund??
Replies: 93
Views: 15406

Re: What is your one favorite Fidelity Fund??

I don’t have any specific favorite, but I like there “non-enhanced” index funds for building simple index portfolios.
by camaro327
Tue Jun 12, 2018 5:07 pm
Forum: Investing - Theory, News & General
Topic: Impact of Fed. interest rate hike on CD rates
Replies: 4
Views: 952

Re: Impact of Fed. interest rate hike on CD rates

Would it be reasonable to assume that the future projected hikes for this year and next are also already "baked in"? Not really, because the fed comments will also be important. Short term CDs will continue to slowly track with the fed funds rate. Long term rates are more influenced by the market a...
by camaro327
Fri Apr 13, 2018 4:12 am
Forum: Personal Finance (Not Investing)
Topic: Buy I-Bonds before May 1 or After?
Replies: 16
Views: 2318

Re: Buy I-Bonds before May 1 or After?

slayed wrote:
Fri Apr 13, 2018 1:29 am
If fixed rate goes up i'll buy at end of May, otherwise i'll wait until end of the year.
If the fix rate remains unchanged, I’ll wait until we have all the CPI numbers thru the October release and decide then.
by camaro327
Fri Mar 23, 2018 5:30 pm
Forum: Personal Consumer Issues
Topic: Costco Kirkland Brand Liquor
Replies: 63
Views: 11970

Re: Costco Kirkland Brand Liquor

Costco rum is cheap and I don’t personally like it.

Kirkland vodkas are both good. The imported is excellent and smooth especially for the price and the American makes a great mixer for price.

They also have great prices on brand names such as kettel one.
by camaro327
Fri Mar 16, 2018 5:47 pm
Forum: Personal Consumer Issues
Topic: What is your favorite reasonably priced Rum?
Replies: 48
Views: 5493

Re: What is your favorite reasonably priced Rum?

Sailor Jerry For Moderate price.
Papa’s Pillar if straight. A little pricier.
Kirkland is good if you like mixing with Coke.
by camaro327
Thu Mar 15, 2018 8:04 pm
Forum: Personal Investments
Topic: To Roth 401K or To Traditional 401K
Replies: 2
Views: 445

Re: To Roth 401K or To Traditional 401K

We are going to need more info to give input. Probably your income and tax bracket at a minimum.

Generally, If you are in a "higher tax bracket" the recommendation would be to go with the traditional.
by camaro327
Sat Mar 10, 2018 4:52 pm
Forum: Personal Consumer Issues
Topic: Furniture Delivery Damage to Home & Furniture Recourse
Replies: 14
Views: 2292

Re: Furniture Delivery Damage to Home & Furniture Recourse

Doesn't sound very small if it didn't fit through the door. :happy This made me chuckle, lightens the situation. Thanks everyone for the feedback and ideas. I've learned it's always a little hard to describe the situations, since there is so many types of furniture stores and delivery methods. This...
by camaro327
Sat Mar 10, 2018 4:48 pm
Forum: Personal Consumer Issues
Topic: Furniture Delivery Damage to Home & Furniture Recourse
Replies: 14
Views: 2292

Re: Furniture Delivery Damage to Home & Furniture Recourse

wilked wrote:
Sat Mar 10, 2018 2:03 pm
They offered to fix your door, and that didn't satisfy you?
No they've fixed it as well as they can, it's loose. The key here is they could've removed the top, which they could've avoided most if not all of the damage, if they had just researched that fact ahead of time.