Search found 329 matches

by arf30
Sun Dec 16, 2018 1:11 pm
Forum: Personal Consumer Issues
Topic: [Anyone drop cable for YouTube TV?]
Replies: 88
Views: 4844

Re: [Anyone drop cable for YouTube TV?]

Do any of these streaming TV services allow you to watch in 2 places at once? My retired parents are paying $400/mo for the triple play between their main house and beach condo (which they visit a few times per month) - would be nice to set them up with something like this, except these services all...
by arf30
Sun Dec 16, 2018 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 38
Views: 2719

Re: Fidelity as a one stop shop

The last time I checked (if there are no funds in the CMA) check and ACH debits in the CMA can be satisfied by "overdraft" from your brokerage account. But ATM withdrawals cannot -- the reason given was that there is "no enough time for approval". Yup, that'll still happen. Only workaround is to ke...
by arf30
Sun Dec 16, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Moving from Schwab to another bank
Replies: 36
Views: 1744

Re: Moving from Schwab to another bank

If you need more cash than an ATM can give with Schwab or Fidelity you can go to the teller at any bank and ask for a cash advance with your debit card, and they'll waive any fees.

Or keep a low end account at a local CU for cash transactions.
by arf30
Sat Dec 15, 2018 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 38
Views: 2719

Re: Fidelity as a one stop shop

My experience with CMA is that the default sweep account is an FDIC-insured ultra-low-interest account, not SPRXX that hotpancakes uses or FCFXX that I use. The move from cash to higher interest MMF has to be manually initiated. Is there an automation mechanism that I missed? You're right, but some...
by arf30
Fri Dec 14, 2018 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Moving from Schwab to another bank
Replies: 36
Views: 1744

Re: Moving from Schwab to another bank

The main strengths of Alliant is they allow cash deposits through the ATM coop network, decent rewards cards, and competitive savings. Downsides are no shared no branching, the FTF, and outdated billpay.
by arf30
Fri Dec 14, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Moving from Schwab to another bank
Replies: 36
Views: 1744

Re: Moving from Schwab to another bank

mptfan wrote:
Fri Dec 14, 2018 4:41 pm
Does Alliant reimburse foreign ATM fees?
Yes, but there's a 1% FTF.
by arf30
Fri Dec 14, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Moving from Schwab to another bank
Replies: 36
Views: 1744

Re: Moving from Schwab to another bank

Almost every B&M bank has a "high end" checking product that waives most of the fees, including ATM, but the catch you need to keep a large amount of assets or deposit with the bank to qualify (Wells Portfolio, Chase Private Client, etc). Sometimes I think about switching for the warm fuzzy feeling ...
by arf30
Fri Dec 14, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Anyone have a Simple checking account?
Replies: 9
Views: 843

Re: Anyone have a Simple checking account?

It's targeted at young people - slick app and website with minimal feature set, small ATM network with no refunds, no check writing, they use a 3rd party bank behind the scenes which can cause transaction issues.
by arf30
Fri Dec 14, 2018 9:05 am
Forum: Investing - Theory, News & General
Topic: Investing in Vanguard funds via Fidelity
Replies: 23
Views: 4191

Re: Investing in Vanguard funds via Fidelity

Looks like I can enter VTSAX (total market) and VMMXX (prime MM) in the trade ticket at Fidelity now, both show $2,500 minimums (which might be a mistake). I haven't clicked the buy button to see what fees Fidelity will try to add. Entering VMFXX (gov MM) still returns the "this is an advisor fund o...
by arf30
Thu Dec 13, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: [Robinhood to offer 3% cash management program, not a bank account]
Replies: 160
Views: 10064

Re: Robinhood to launch 3% Checking & Savings Accounts

People who don't use smartphones are a shrinking demographic (sorry Dad) and not who this product is targeted at. If the checking account is really 3% it could be interesting if they can sort out their customer service and technical glitches.
by arf30
Wed Dec 12, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Anyone upgrading to sapphire banking at chase?
Replies: 12
Views: 1402

Re: Anyone upgrading to sapphire banking at chase?

don't want to do it to switch my funds from Admiral to Investor shares due to the higher expense ratios. Vanguard is rolling out Admiral funds to everyone, Chase should have them soon (Schwab and ETrade already have them). Investor share funds are closed for those funds Where in the world can I fin...
by arf30
Wed Dec 12, 2018 7:30 am
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 224
Views: 16853

Re: What Happened to you during the Financial crisis of 2007–2008

Was in my mid to late 20s working a corporate job with only a 401k for investments. Somehow I was only vaguely aware there was a crisis, my company didn't really lay anyone off and my circle of friends didn't watch the news. Ended up buying a house in 2009 when housing was suddenly in my price range...
by arf30
Mon Dec 10, 2018 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Should I mess around with my taxable account?
Replies: 2
Views: 451

Re: Should I mess around with my taxable account?

Sell the bonds in taxable since they're not tax efficient and their NAV probably hasn't changed much. Sell anything else with a loss or minimal gains. Don't worry about the rest. Buy VTI in taxable and VTI/AGG (or BND) in IRAs to reach the correct asset allocation. Hold your house fund in high yield...
by arf30
Mon Dec 10, 2018 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"
Replies: 53
Views: 5303

Re: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"

I once overhead a previous boss check his BoA checking account balance on speakerphone in his office - he had over 500k in it. The C-Suite were all with Merrill Lynch private banking, so I'm sure it was just pocket change to him.
by arf30
Mon Dec 10, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: Article: Your love of index funds is terrible for our economy
Replies: 61
Views: 6859

Re: Article: Your love of index funds is terrible for our economy

Your love of index funds is terrible for our ${company that sells active investments}
by arf30
Mon Dec 10, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: Electric bill with LED
Replies: 102
Views: 6876

Re: Electric bill with LED

We gradually migrated over to LED bulbs as the old ones burned out, no difference in the electric bill that I can tell.
by arf30
Sun Dec 09, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: T-Mobile MONEY
Replies: 4
Views: 527

Re: T-Mobile MONEY

Requires TMobile postpaid service and direct deposit to qualify for the 4%, only up to $3,000. Looks very barebones, customer service farmed out to a 3rd party and support not available in TMo stores. Probably targeted at students/young people to keep them on TMobile service and make a few bucks off...
by arf30
Sat Dec 08, 2018 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity equivalent of Vanguard Admiralty?
Replies: 4
Views: 422

Re: Fidelity equivalent of Vanguard Admiralty?

Brit wrote:
Sat Dec 08, 2018 12:54 pm
Have IBM 401k which is all in Fido, and it strikes me that I could possibly reduce annual expenses.
IBM 401k has Vanguard institutional target funds with very low expenses, look under "expanded choice mutual funds" - ie. "VANG INST TR 2050 (VTRLX)".
by arf30
Sat Dec 08, 2018 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3112
Views: 605171

Re: What's Your Credit Card Rewards Strategy?

Do you have to use BofA checking with platinum rewards? The cards are tempting but I've had issues with their incompetence and customer service in the past and would rather not use them for banking.
by arf30
Fri Dec 07, 2018 4:37 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1353
Views: 229290

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Chase can be aggressive with fees - if going for the bonus plan to keep the 75k in a money market fund, or at least 100k+ in equities.
by arf30
Fri Dec 07, 2018 2:19 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1353
Views: 229290

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

hailstate wrote:
Fri Dec 07, 2018 1:42 pm
-There is no fee to transfer assets out of your YouInvest account.
I'm not sure she was right about this one, unless this fee schedule is out of date - "$75 Applies when any securities are transferred out of the account. "
by arf30
Thu Dec 06, 2018 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 359
Views: 20538

Re: What are others paying for property taxes around the US?

$9,000/year, 2 bedroom condo in NNJ (NYC suburb).
by arf30
Thu Dec 06, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Climate Concerns re: small Jersey Shore Vacation Home
Replies: 54
Views: 2939

Re: Climate Concerns re: small Jersey Shore Vacation Home

My family has a shore house in NJ - when shopping we used the FEMA flood maps, we looked at areas that had little to no flooding during hurricane Sandy, and properties where the garage is on the first floor and the house starts on the second floor or properties that are built on a mound (pretty comm...
by arf30
Tue Dec 04, 2018 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: VTI or VTSMX
Replies: 17
Views: 842

Re: VTI or VTSMX

VTSMX is a closed fund, replaced by VTSAX fyi.
by arf30
Tue Dec 04, 2018 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Schwab vs Fidelity for checking account + Passive Investment
Replies: 14
Views: 1063

Re: Schwab vs Fidelity for checking account + Passive Investment

Fidelity refuses to raise my daily ATM limit above $500. I was told by my rep it's because a 3rd party bank manages the debit card (mine says PNC on the back), and they don't have a system or process in place to modify limits. I don't use cash so it hasn't bothered me, but a real bank will be able ...
by arf30
Tue Dec 04, 2018 8:25 am
Forum: Investing - Theory, News & General
Topic: Bogle Sounds a Warning on Index Funds
Replies: 103
Views: 17988

Re: Bogle Sounds a Warning on Index Funds

They'll just pass voting through to shareholders who will mostly ignore it just like most individual stock shareholders do.
by arf30
Mon Dec 03, 2018 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab vs Fidelity for checking account + Passive Investment
Replies: 14
Views: 1063

Re: Schwab vs Fidelity for checking account + Passive Investment

I've used both pretty extensively - Schwab runs a real bank and has better customer service, but their IT isn't great. The checking account is very basic and lacks things like transaction alerts, website is often down for maintenance, website design is from the 90s and things are hard to find. Fidel...
by arf30
Sun Dec 02, 2018 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Money Market Funds for everyday expenses
Replies: 82
Views: 12967

Re: Fidelity Money Market Funds for everyday expenses

While it is very convenient to have this automatic overdraft ploy available, don't you worry that it makes it so much easier for someone to drain your account? Or is this a far-fetched scenario? The overdraft has two modes - the one described in this thread will move money on demand. There's anothe...
by arf30
Sun Dec 02, 2018 12:14 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity HSA Debit Cards
Replies: 8
Views: 830

Re: Fidelity HSA Debit Cards

The Fidelity HSA has a routing number, it couldn't be easier to transfer money out.
by arf30
Sat Dec 01, 2018 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Ally CC Offer
Replies: 35
Views: 3427

Re: Ally CC Offer

Alliant CU has a 2% no annual fee card now as well, although I've never had an account there so I can't speak from personal experience.
by arf30
Thu Nov 29, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Money Market Funds for everyday expenses
Replies: 82
Views: 12967

Re: Fidelity Money Market Funds for everyday expenses

What is a good alternative MM fund to SPRXX that is FDIC insured? I have emergency fund in a B of A MM fund that's delivering almost nothing, and it strikes me that I should create a CMA at Fidelity to park it safely where I will make at least some interest. Thoughts? MM funds are not FDIC insured....
by arf30
Tue Nov 27, 2018 7:07 pm
Forum: Investing - Theory, News & General
Topic: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October after
Replies: 58
Views: 5328

Re: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October a

If the zero funds somehow become unprofitable in the future they'll just close the fund to new investments, revise the prospectus to include a cash position, take the securities lending income, or any number of other tricks.
by arf30
Mon Nov 26, 2018 3:05 pm
Forum: Personal Consumer Issues
Topic: Broken Sewer pipe - $10,000-$20,000 to fix
Replies: 58
Views: 6219

Re: Broken Sewer pipe - $10,000 to fix

This happened to my neighbor last year - it cost him 10k to fix as well. The plumber had to tear up and replace part of the sidewalk, driveway and garage floor as well.
by arf30
Sat Nov 24, 2018 8:03 pm
Forum: Personal Consumer Issues
Topic: Most secure bank
Replies: 23
Views: 1758

Re: Most secure bank

Chase has the best IT out of the big banks by far, but if someone has your account number they can drain your account at any bank.
by arf30
Fri Nov 23, 2018 9:10 pm
Forum: Investing - Theory, News & General
Topic: ?Admiral share availability in other brokerages?[Yes, after a few weeks they are now appearing at other brokerages.]
Replies: 30
Views: 3075

Re: ?Admiral share availability in other brokerages?

I'm curious if anyone's called Vanguard to ask what's going to happen to their investor shares at 3rd party brokerages.
by arf30
Fri Nov 23, 2018 9:05 pm
Forum: Investing - Theory, News & General
Topic: You Invest from JP Morgan [free trades offer]
Replies: 75
Views: 5927

Re: You Invest from JP Morgan [free trades offer]

The investor shares were closed to new investors as well. There was no way to buy those funds this morning that I know of. Maybe a transition period? I couldn’t buy intermed. Muni admiral fund as well and that’s had no change as far as I know? Only investor shares were available. Wow, that is inter...
by arf30
Fri Nov 23, 2018 8:53 pm
Forum: Investing - Theory, News & General
Topic: You Invest from JP Morgan [free trades offer]
Replies: 75
Views: 5927

Re: You Invest from JP Morgan [free trades offer]

am wrote:
Fri Nov 23, 2018 8:44 pm
The only problem I had was when I tried to buy vanguard total us and int admiral mutual funds this morning. The system would not let me buy the funds.
This is because Vanguard restricts admiral funds, not Chase. Hopefully this will change now that Vanguard is closing investor shares.
by arf30
Wed Nov 21, 2018 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity CMA + MMF vs. online credit union
Replies: 35
Views: 3111

Re: Fidelity CMA + MMF vs. online credit union

If you want 100% of your money in a MM fund, use the brokerage account for checking, or setup deposits to the brokerage and debits from the CMA using overdraft mode. Personally I just use the CMA like a regular checking account, except I keep an extra 10k in SPRXX there (with dividend reinvestment o...
by arf30
Wed Nov 21, 2018 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Review after one month with Fidelity Cash Management
Replies: 58
Views: 17399

Re: Review after one month with Fidelity Cash Management

Arby wrote:
Wed Nov 21, 2018 1:06 am
Does anybody have a Fidelity debit card ATM transaction limit higher than $510 and if so how did you get it?
I've tried a few times to get the debit limit reduced and the ATM limit increased, they won't do it.
by arf30
Tue Nov 20, 2018 4:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 224
Views: 17219

Re: Vanguard lowering Admiral level to $3,000?

Anyone still able to buy VMTSX at Fidelity or similar broker, or has anyone asked Vanguard yet what will happen to these funds at 3rd party brokers?
by arf30
Tue Nov 20, 2018 10:11 am
Forum: Investing - Help with Personal Investments
Topic: You Invest by JP Morgan Chase
Replies: 58
Views: 6020

Re: You Invest by JP Morgan Chase

Anyone with a You Invest account still able to purchase Vanguard investor shares that were closed yesterday? VTSMX, etc
by arf30
Mon Nov 19, 2018 10:33 am
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 224
Views: 17219

Re: Vanguard lowering Admiral level to $3,000?

They're already automatically converting investor shareholders to admiral in the next few months, seems logical they will do the same eventually for target and lifestrategy funds. They are explicitly stating that Investor shares will still be used in funds-of -unds. Hence the use of the word "event...
by arf30
Mon Nov 19, 2018 10:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 224
Views: 17219

Re: Vanguard lowering Admiral level to $3,000?

Right now Vanguard appears to be converting the investor shares to admiral shares (investor shares are currently closed for new investments). In order to do what I'm advocating, they would then have to convert all the admiral shares to investor shares. Why would they be converting the investor shar...
by arf30
Mon Nov 19, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 224
Views: 17219

Re: Vanguard lowering Admiral level to $3,000?

The ever present asterisk: " * Investor Shares will still be used in certain situations, such as in retirement plans and fund-of-funds investments. " Too bad. What percent of Vanguard holdings are in "retirement plans" - anyone know approximately? RM I can't help but feel like it just got a lot mor...
by arf30
Mon Nov 19, 2018 9:42 am
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 224
Views: 17219

Re: Vanguard lowering Admiral level to $3,000?

Would be nice if Vanguard opened up admiral shares to other brokerages that previously only had investor shares available now that they'll be closed.
by arf30
Mon Nov 19, 2018 9:25 am
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 224
Views: 17219

Re: Vanguard lowering Admiral level to $3,000?

VTSMX is showing up as a closed fund and VTSAX has a 3k minimum, awesome.
by arf30
Sat Nov 17, 2018 2:24 pm
Forum: Personal Consumer Issues
Topic: How to pick a wifi router to replace one we rent from Cox?
Replies: 20
Views: 1276

Re: How to pick a wifi router to replace one we rent from Cox?

Those are modems you linked, not routers.. are they looking to replace the router or the modem?
by arf30
Sat Nov 17, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable account - Cost basis - specID or Avg
Replies: 13
Views: 858

Re: Taxable account - Cost basis - specID or Avg

I auto reinvest dividends for funds like VTSAX that pay quarterly dividends - only an additional 4 tax lots per year. Once I'm in the withdrawl phase of life I'll shut that off.