Search found 331 matches

by Gleevec
Sat Aug 01, 2020 3:23 pm
Forum: Personal Investments
Topic: Moved to CA...Just Learned about HSA Tax
Replies: 26
Views: 2071

Re: Moved to CA...Just Learned about HSA Tax

Or just hold your TIPS in your HSA
by Gleevec
Sat Aug 01, 2020 3:10 pm
Forum: Personal Investments
Topic: HSA Really Worth It In California?
Replies: 17
Views: 1851

Re: HSA Really Worth It In California?

HSA in California are a fine option, personally I hold all my TIPS in my HSA to mitigate the state tax issue
by Gleevec
Thu May 21, 2020 6:30 pm
Forum: Personal Investments
Topic: How safe is the Vang CA interm muni fund VCADX?
Replies: 9
Views: 880

Re: How safe is the Vang CA interm muni fund VCADX?

What would have to happen for France or another EU major power to default? Even worse would have to happen to California which has a bigger economy than France with way more growth companies that work in tech and biotech, two sectors that have been robust during COVID19. Neither country controls a p...
by Gleevec
Fri May 01, 2020 12:40 am
Forum: Personal Finance (Not Investing)
Topic: 529: Your favorite low cost one?
Replies: 77
Views: 4782

Re: 529: Your favorite low cost one?

California ScholarShare529 has US Total Stock Market (and US Large Cap) at 0.06% ER all inclusive, I have not found a competitor in that range, would love to hear lowest all-inclusive ER from other plans: https://www.scholarshare529.com/research/fees.shtml +1. Best in the country by far. If not for...
by Gleevec
Thu Apr 30, 2020 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: 529: Your favorite low cost one?
Replies: 77
Views: 4782

Re: 529: Your favorite low cost one?

California ScholarShare529 has US Total Stock Market (and US Large Cap) at 0.06% ER all inclusive, I have not found a competitor in that range, would love to hear lowest all-inclusive ER from other plans: https://www.scholarshare529.com/research/fees.shtml
by Gleevec
Fri Apr 03, 2020 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1629
Views: 230694

Re: Fidelity as a one stop shop

These are good points, but one other point in these higher yielding muni MMF is that I am doubtful vanguard or fidelity will allow them to break the buck, above and beyond the Fed. These are strong companies that don’t want to be lumped together with Lehman/Reserve Fund. Some of the after tax yields...
by Gleevec
Sun Mar 22, 2020 9:35 am
Forum: Investing - Theory, News & General
Topic: Understanding Bond ETF Discounts
Replies: 65
Views: 4385

Re: Understanding Bond ETF Discounts

If the ETF is trading at a discount to NAV on a day when you feel like selling, and if gates and redemption fees are not in effect, then you will get more money out of the mutual fund than you would have out of the ETF. Apparently, as much as 6.67% more in Vanguard Total Bond if you happened to pic...
by Gleevec
Tue Feb 11, 2020 4:08 pm
Forum: Personal Investments
Topic: Regular but small contributions - Fidelity over Vanguard for Fractional Shares?
Replies: 21
Views: 1447

Re: Regular but small contributions - Fidelity over Vanguard for Fractional Shares?

I buy fractional Vanguard ETFs at Fidelity and it is transformative. Vanguard funds are great but have to be at Vanguard, and most of my other finances are with Fidelity so just easier to keep there. Next step is create our own direct index at Fidelity with monthly investment of fractional shares, w...
by Gleevec
Tue Feb 11, 2020 3:58 pm
Forum: Personal Investments
Topic: 529: Oregon Savings Plan vs Nevada Vanguard
Replies: 6
Views: 287

Re: 529: Oregon Savings Plan vs Nevada Vanguard

If you dont have in-state tax advantage, California ScholarShare 529 is down to 0.06% all-inclusive ER for their total stock market fund. I actually moved from Vanguard Nevada, which otherwise used to be one of the best funds, because 0.15% to 0.06% for the same fund made it a no-brainer for me.
by Gleevec
Mon Feb 10, 2020 11:42 am
Forum: Investing - Theory, News & General
Topic: Fidelity lets clients now trade fractional shares of stocks and ETFs
Replies: 180
Views: 17401

Re: Fidelity lets clients now trade fractional shares of stocks and ETFs

Apparently partial BRKA purchase not an option. Guess I’ll be stuck with BRKB
by Gleevec
Sun Jan 26, 2020 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1629
Views: 230694

Re: Fidelity as a one stop shop

Define "relatively large". Fidelity's FZDXX has a $100K minimum investment, but no minimum balance. It tends to track 3-month T-Bills pretty closely. Its 7-day yield is currently 1.57%. It doesn't look like FZDXX is exempt from state taxes. While it does look like it would give me a slightly higher...
by Gleevec
Thu Jan 09, 2020 11:29 pm
Forum: Investing - Theory, News & General
Topic: Why don’t ETF shares ever split to reduce price?
Replies: 29
Views: 3420

Re: Why don’t ETF shares ever split to reduce price?

Thanks for all the replies. I am just surprised because if the goal is to have a lot of buyers of your ETF product, for a given ER having a lower per share price is a huge advantage in the market it would seem. The goal is not to have a lot of buyers, but to have a lot of AUM. AUM is gotten from ap...
by Gleevec
Thu Jan 09, 2020 9:32 am
Forum: Investing - Theory, News & General
Topic: Why don’t ETF shares ever split to reduce price?
Replies: 29
Views: 3420

Re: Why don’t ETF shares ever split to reduce price?

Thanks for all the replies. I am just surprised because if the goal is to have a lot of buyers of your ETF product, for a given ER having a lower per share price is a huge advantage in the market it would seem. I think fractional share ETF purchases are going to be the next big innovation (after div...
by Gleevec
Tue Jan 07, 2020 12:22 am
Forum: Investing - Theory, News & General
Topic: Why don’t ETF shares ever split to reduce price?
Replies: 29
Views: 3420

Re: Why don’t ETF shares ever split to reduce price?

dmcmahon wrote:
Mon Jan 06, 2020 11:37 pm
What ETFs do you think have such high share prices that a split is warranted?
VBK is over $200/share.

Thanks for the link AlohaJoe, I am curious what the calculus is on splitting
by Gleevec
Mon Jan 06, 2020 11:33 pm
Forum: Investing - Theory, News & General
Topic: Why don’t ETF shares ever split to reduce price?
Replies: 29
Views: 3420

Why don’t ETF shares ever split to reduce price?

Conceptually why wouldn’t an ETF want to “split shares” to lower its price? Alternatively could do fractional share purchasing of ETFs, but that is a broker-dependent intervention, curious why an ETF wouldn’t just split and reduce its per share cost while retaining the same ratio of underlying assets?
by Gleevec
Sun Jan 05, 2020 1:02 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Continues to Lower the Cost of Investing with Expansion of Commission-Free Platform Beyond ETF
Replies: 71
Views: 5381

Re: Vanguard Continues to Lower the Cost of Investing with Expansion of Commission-Free Platform Beyond ETF

It’s not a positive move for Vanguard investors at all. It’s a money sink for a company that was forced to copy other brokerages that rely on income from frequent/expensive trading and that Vanguard now cannot devote those resources towards lowering ER or on improving offerings it had removed for b...
by Gleevec
Sun Jan 05, 2020 10:02 am
Forum: Investing - Theory, News & General
Topic: Vanguard Continues to Lower the Cost of Investing with Expansion of Commission-Free Platform Beyond ETF
Replies: 71
Views: 5381

Re: Vanguard Continues to Lower the Cost of Investing with Expansion of Commission-Free Platform Beyond ETF

It’s not a positive move for Vanguard investors at all. It’s a money sink for a company that was forced to copy other brokerages that rely on income from frequent/expensive trading and that Vanguard now cannot devote those resources towards lowering ER or on improving offerings it had removed for be...
by Gleevec
Thu Jan 02, 2020 5:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Continues to Lower the Cost of Investing with Expansion of Commission-Free Platform Beyond ETF
Replies: 71
Views: 5381

Re: Vanguard Continues to Lower the Cost of Investing with Expansion of Commission-Free Platform Beyond ETF

It's kinda disappointing that the move Vanguard chose to copy from Fidelity and Schwab (and Robinhood, TDA) is commission-free trading, which goes against Jack Bogle's philosophy and will lead to increased trading costs for those who use Vanguard. Would have much preferred Vanguard copy a cash manag...
by Gleevec
Sat Dec 28, 2019 10:59 am
Forum: Investing - Theory, News & General
Topic: Barron's Cover article--Vanguard Led the Way for Decades. Now It’s Playing Catch-Up.
Replies: 142
Views: 13800

Re: Barron's Cover article--Vanguard Led the Way for Decades. Now It’s Playing Catch-Up.

I respect what you say but in this day and age .... companies need to provide superb customer service and 24/7 around the clock ... it is the norm and what is expected. Vanguard's 30 million investors might disagree with you. They also manage more assets than Fidelity and Schwab combined. Vanguard ...
by Gleevec
Fri Dec 27, 2019 8:21 pm
Forum: Personal Investments
Topic: 529 Advice for California Resident
Replies: 12
Views: 934

Re: 529 Advice for California Resident

I live in CA and use the Utah options because of its low ER funds (lots of Vanguard options!) and customizable AA. The CA ScholarShare plan offers single fund investment options to achieve the same thing at lower costs. Vanguard has not been the only index road to Dublin for quite some time now. So...
by Gleevec
Wed Dec 25, 2019 12:46 pm
Forum: Personal Investments
Topic: M1 Finance Inactivity Fee?
Replies: 22
Views: 1720

Re: M1 Finance Inactivity Fee?

MotoTrojan wrote:
Wed Dec 25, 2019 12:23 pm
snailderby wrote:
Wed Dec 25, 2019 12:06 pm
MotoTrojan wrote:
Wed Dec 25, 2019 10:59 am
I’ll have go check mine. My IRA was cancelled when I moved to Fidelity.
Did M1 charge you $100 for the outgoing transfer and another $100 to close the IRA? Or just $100 for everything?
$200.
Like many tech offerings, it’s basically the same nickel and diming (or worse) but just online now
by Gleevec
Wed Dec 25, 2019 12:40 pm
Forum: Investing - Theory, News & General
Topic: Philadelphia Inquirer--Vanguard Charitable forecasts donations of over $1,000,000,000 by the end of 2019
Replies: 2
Views: 548

Re: Philadelphia Inquirer--Vanguard Charitable forecasts donations of over $1,000,000,000 by the end of 2019

Vanguard is an ok choice for DAF, but for those of us who may not have as much to donate or want to donate smaller amounts to more groups, I have found Fidelity and Schwab to have far superior DAF minimums
by Gleevec
Sat Dec 21, 2019 1:12 am
Forum: Personal Finance (Not Investing)
Topic: Changes to 401(k) and IRAs, SECURE Act - It's signed
Replies: 292
Views: 23466

Re: Changes to 401(k) and IRAs, SECURE Act - It's signed

I don’t understand the mechanics of non spouse Roth IRA disbursement. So in year 10 after my death, my children have to have taken all of the Roth IRA income, which is tax free, into their taxable account it seems now. Do the shares in the Roth IRA have to be liquidated or is it just a transfer of u...
by Gleevec
Tue Dec 17, 2019 12:23 am
Forum: Personal Investments
Topic: What is the lowest dividend yield ETF?
Replies: 40
Views: 2619

Re: What is the lowest dividend yield ETF?

I use SCHG and VUG in my taxable account. I also use my custom Ultimate In Tax Efficiency Pie in M1. So far it has tracked the S&P pretty well. https://m1.finance/yP6i-Ylrd This is great the only problem with this on M1 is you can’t issue new shares as a true ETF and so pick up capital gains, even ...
by Gleevec
Sun Dec 15, 2019 10:30 pm
Forum: Personal Investments
Topic: Fidelity Zero
Replies: 54
Views: 7852

Re: Fidelity Zero

The current estimated CG distribution for the zero international fund is 0 I wouldn't expect any distributions yet because it's a new fund that has had a lot of new cash flows coming in. Just wait. Fidelity Zero will start making short- and long-term capital gain distributions similar to the Schwab...
by Gleevec
Sun Dec 15, 2019 2:03 pm
Forum: Personal Investments
Topic: Fidelity Zero
Replies: 54
Views: 7852

Re: Fidelity Zero

TOTAL INTERNATIONAL STOCK ETFS Vanguard Total International Stock ETF (VXUS – 0.09% fee) iShares Core MSCI Total International Stock ETF (IXUS – 0.10% fee) SPDR® MSCI ACWI ex-US ETF (CWI – 0.30% fee) Rick Ferri The Fidelity Zero International Fund has 0% ER compared to 0.09% for the best internatio...
by Gleevec
Sat Nov 09, 2019 11:24 am
Forum: Personal Investments
Topic: How much is too much in an HSA?
Replies: 51
Views: 4601

Re: How much is too much in an HSA?

As others have said, worst case you end up using the HSA like a traditional IRA, I see no down side saving as much as possible (with the caveat that you actually invest your HSA funds, as opposed to just letting it sit in cash). Actually, even in the worst case, it is still better than a traditiona...
by Gleevec
Sun Sep 29, 2019 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: My Kaiser Medicare Plan is "converting" from Cost to Advantage!
Replies: 37
Views: 4239

Re: My Kaiser Medicare Plan is "converting" from Cost to Advantage!

Never been a fan of being told who to use for medical, I get medigap plan F and a part D supplement for my mother. Yes, it's two thousand or so more in annual premiums, but not having to go to a primary care physician first, and/or not being forced to find in network providers for cost effectivenes...
by Gleevec
Sun Sep 29, 2019 10:50 am
Forum: Personal Finance (Not Investing)
Topic: My Kaiser Medicare Plan is "converting" from Cost to Advantage!
Replies: 37
Views: 4239

Re: My Kaiser Medicare Plan is "converting" from Cost to Advantage!

I agree that if you have a very nontraditional cancer or other disease Kaiser's might not be the best fit. They don't do extremely aggressive therapies or surgeries or provide treatments that are highly risky and don't appear to have a high degree of success. My mother had a severe carotid artery b...
by Gleevec
Sun Sep 29, 2019 9:18 am
Forum: Personal Finance (Not Investing)
Topic: My Kaiser Medicare Plan is "converting" from Cost to Advantage!
Replies: 37
Views: 4239

Re: My Kaiser Medicare Plan is "converting" from Cost to Advantage!

I think the folks now in MC plans that are being terminated who are most adversely affected are those who spend significant time out of their MC plan area (such as going to Florida or Arizona in the winter). I suppose such folks will need to return to Original Medicare with a supplement. Is this po...
by Gleevec
Sat Sep 28, 2019 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: My Kaiser Medicare Plan is "converting" from Cost to Advantage!
Replies: 37
Views: 4239

Re: My Kaiser Medicare Plan is "converting" from Cost to Advantage!

I agree that if you have a very nontraditional cancer or other disease Kaiser's might not be the best fit. They don't do extremely aggressive therapies or surgeries or provide treatments that are highly risky and don't appear to have a high degree of success. My mother had a severe carotid artery b...
by Gleevec
Sat Sep 21, 2019 10:16 am
Forum: Investing - Theory, News & General
Topic: Vanguard said to offer Digital Advisory Service [Robo-Advisor]
Replies: 111
Views: 10631

Re: Vanguard said to offer Digital Advisory Service

This new thing will make it easier for Vanguard to buy out other roboadvisors such as Betterment and Wealthfront. Maybe they can take one of the money market based checking options from Betterment and Wealthfront and rebrand it for Vanguard My vote would be to call this new higher yield checking op...
by Gleevec
Fri Sep 20, 2019 12:00 am
Forum: Investing - Theory, News & General
Topic: Vanguard said to offer Digital Advisory Service [Robo-Advisor]
Replies: 111
Views: 10631

Re: Vanguard said to offer Digital Advisory Service

Auto-TLH benefits are overwhelmed by roboadvisor fees; that's mostly a marketing bullet point to make it sound to people who haven't done the math that it's worth the cost. The 10bp savings compared to Betterment/Wealthfront here are a much better value than that feature. For us hobbyists, it has n...
by Gleevec
Thu Sep 19, 2019 11:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard said to offer Digital Advisory Service [Robo-Advisor]
Replies: 111
Views: 10631

Re: Vanguard said to offer Digital Advisory Service

If it doesn’t auto-TLH, or reinvest fractional ETF shares, I fail to see point of this service
by Gleevec
Mon Sep 02, 2019 8:51 pm
Forum: Investing - Theory, News & General
Topic: Fidelity: When Zero does not mean free
Replies: 108
Views: 12257

Re: Fidelity: When Zero does not mean free

I am quite fond of the Fidelity Zero International Fund. It’s 0.11% cheaper than the Vanguard equivalent, which is more than enough ER cushion that explanations about composition or tax efficiency wouldn’t mitigate such a large delta. If Vanguard had an international fund with 0.01% and Fidelity wit...
by Gleevec
Mon Sep 02, 2019 11:10 am
Forum: Investing - Theory, News & General
Topic: Fidelity: When Zero does not mean free
Replies: 108
Views: 12257

Re: Fidelity: When Zero does not mean free

I think everyone is missing the point on Fidelity Zero funds (or even their other index mutual offerings now). The difference between 0.015% vs 0.04% vs zero is trivial and the debates around are not useful The fact that there is $0 minimum to invest in mutual funds at Fidelity is the real innovatio...
by Gleevec
Sat Aug 10, 2019 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab as a one stop shop
Replies: 79
Views: 12707

Re: Schwab as a one stop shop

I am thinking more about trying Schwab and was wondering if anyone had donated appreciated shares from Schwab Intelligent Portfolio (robo) for donation to Schwab charitable directly? If so, how was the process?
by Gleevec
Sun Jul 07, 2019 10:55 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard Treasury Money Market yield so high?
Replies: 123
Views: 37829

Re: Why is Vanguard Treasury Money Market yield so high?

Does SPAXX clear the 50% hurdle for state tax exemption (since FZFXX doesnt from your post)? If so, may be nice if one of the mods could update the wiki on Fidelity as one stop shop with this nice piece of info I have not heard before. To me it looks like SPAXX does since USG repurchase agreements ...
by Gleevec
Sun Jul 07, 2019 10:35 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard Treasury Money Market yield so high?
Replies: 123
Views: 37829

Re: Why is Vanguard Treasury Money Market yield so high?

Fidelity appears to have two different Treasury Money Market funds. FDLXX holds only Treasury bills and Treasury notes while FZFXX has a large percentage in Repurchase Agreements. As with Vanguard, the June portfolio holdings are still not available. Yeah, these funds are completely different with ...
by Gleevec
Fri Jul 05, 2019 9:42 pm
Forum: Personal Investments
Topic: ca muni tax free long or intermediate term?
Replies: 17
Views: 2606

Re: ca muni tax free long or intermediate term?

Happy 4th of July everyone. Considering getting the vanguard ca muni bonds and wondering if the long term is worth the extra risk for the assumed higher return. Also I read that admiral shares are available but I did not find them on the Vanguard web site. tax rate is 24% +9.3% state, either fund w...
by Gleevec
Sun Jun 23, 2019 6:01 pm
Forum: Personal Investments
Topic: Who should I open my taxable account with?
Replies: 25
Views: 2473

Re: Who should I open my taxable account with?

You have been fooled by the zero fee marketing machine. What if the performance was 0.05% lower than a fund that you pay 0.05% expense ratio for? What if the performance is the same, but you pay 0.15% more in taxes every year on the zero-fee funds? You have been fooled by the Vanguard index fund ma...
by Gleevec
Sun Jun 23, 2019 4:18 pm
Forum: Personal Investments
Topic: Who should I open my taxable account with?
Replies: 25
Views: 2473

Re: Who should I open my taxable account with?

You have been fooled by the zero fee marketing machine. What if the performance was 0.05% lower than a fund that you pay 0.05% expense ratio for? What if the performance is the same, but you pay 0.15% more in taxes every year on the zero-fee funds? You have been fooled by the Vanguard index fund ma...
by Gleevec
Mon May 13, 2019 11:29 pm
Forum: Personal Investments
Topic: Fund Fidelity DAF from Vanguard taxable
Replies: 7
Views: 882

Re: Fund Fidelity DAF from Vanguard taxable

I have always initiated at Vanguard and pushed to Fidelity. That way Vanguard is on the hook to get the cost basis right especially if they are covered shares. To be honest if you want to contribute covered and non-covered shares I'd do it as two contributions so hopefully there will be less chance...
by Gleevec
Mon May 13, 2019 9:30 am
Forum: Personal Investments
Topic: Foreign tax credit and donating appreciated shares DAF
Replies: 3
Views: 274

Re: Foreign tax credit and donating appreciated shares DAF

If I donate appreciated international fund shares to a DAF, do I get to keep the foreign tax credit for my own return? Once they're donated they belong to the DAF, not you. The FTC is for foreign taxes paid by you . These taxes are withheld from the dividends by the various foreign countries. So if...
by Gleevec
Sun May 12, 2019 10:30 pm
Forum: Personal Investments
Topic: Foreign tax credit and donating appreciated shares DAF
Replies: 3
Views: 274

Foreign tax credit and donating appreciated shares DAF

If I donate appreciated international fund shares to a DAF, do I get to keep the foreign tax credit pre-donation for my own return?
by Gleevec
Sat Apr 27, 2019 11:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Lowers 21 ETF Expense Ratios
Replies: 76
Views: 8856

Re: Vanguard Lowers 21 ETF Expense Ratios

@Gleevec, I am no uber-fan of Vanguard and don't have a lot of money invested with them. I don't think anyone on this forum can legitimately accuse me of giving Vanguard a pass. Just ask around. :) Your seriously paragraph was spot on. Point well taken, as an aside its rare on the internet nowadays...
by Gleevec
Sat Apr 27, 2019 10:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Lowers 21 ETF Expense Ratios
Replies: 76
Views: 8856

Re: Vanguard Lowers 21 ETF Expense Ratios

... for some is a way better deal. ... and that’s a tragedy What is the dollar amount of "a way better deal"? What is the dollar amount of "a tragedy"? Let's get serious. Nice editing, this is a internet messageboard not cable news, you can show the whole quote in context and respond if you like :)...
by Gleevec
Sat Apr 27, 2019 4:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Lowers 21 ETF Expense Ratios
Replies: 76
Views: 8856

Re: Vanguard Lowers 21 ETF Expense Ratios

Speaking of behavioral economics, the recent decisions to make mutual fund owners (esp Admiral share owners) second class citizens at Vanguard with higher ER relative to ETFs is the major reason (along with loss of Advantage account) I switched over to Fidelity. No minimums on their funds and with ...
by Gleevec
Sun Apr 21, 2019 1:36 am
Forum: Investing - Theory, News & General
Topic: Vanguard Announces Plans to Launch Commodities Fund
Replies: 195
Views: 26274

Re: Vanguard Announces Plans to Launch Commodities Fund

Will this fund generate a K1? Does it have any tax advantages/disadvantages?
by Gleevec
Sun Apr 07, 2019 12:49 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Ups the Ante in an ETF Race to Zero - Fees are coming down on seven ETFs
Replies: 97
Views: 10174

Re: Vanguard Ups the Ante in an ETF Race to Zero - Fees are coming down on seven ETFs

The push from Vanguard to ETFs with lower ER than its corresponding Admiral mutual fund is going to push me all the way to Fidelity Zero funds (for the 4 fund types they currently have) to avoid all the ETF nonsense (bid/ask, non-recurring contributions)