Search found 1124 matches

by TIAX
Tue Sep 18, 2018 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Debt Repayment
Replies: 34
Views: 1393

Re: Student Loan Debt Repayment

I will look into this again. Last year I checked rates with three lenders, and the best I could get was 4.95% (which didn't make any sense to me given my high credit score). If the rates are now around 3%, I agree it would be worth the time to refi even if for 1.25 years. :thumbsup What rate did Fi...
by TIAX
Tue Sep 18, 2018 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Debt Repayment
Replies: 34
Views: 1393

Re: Student Loan Debt Repayment

I could refi but I already elected a 10-year repayment plan, which started April 2012. At this point, refinancing would get me a 5 year loan at the shortest, but the longest repayment plan remaining is less than 4 years. (Some of them are around 3 years because I’ve paid extra.) Why refi and pay mo...
by TIAX
Mon Sep 17, 2018 10:52 am
Forum: Personal Consumer Issues
Topic: a low grade in a 9th-grade test
Replies: 44
Views: 3314

Re: a low grade in a 9th-grade test

livesoft wrote:
Mon Sep 17, 2018 10:38 am
Clearly, they hate the teacher. There is nothing one can do. I was that kid, except the course was a required one to graduate and the semester grade was an F.

They could also be rebelling against the parent.
What was the class, why did you hate the teacher, and how did you manage to graduate?
by TIAX
Mon Sep 17, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: a low grade in a 9th-grade test
Replies: 44
Views: 3314

Re: a low grade in a 9th-grade test

- took honors in 5 core subjects in 9th grade - got D in the first test of subject s1 What was the subject and why did the student get the D? Was it lack of studying, poor teaching, or some other reason? Has the student considered tutoring for this one subject? I certainly wouldn't transfer high sc...
by TIAX
Sat Sep 15, 2018 11:35 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 737
Views: 70099

Re: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)

And doesn't Vanguard sell said index funds with their name on it? If so, how is that different than what Fidelity has done here? You really don't see the difference? Vanguard is using an expert at index construction to construct the indexes, whereas Fidelity is not. There is no difference. Both Van...
by TIAX
Sat Sep 15, 2018 10:33 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 737
Views: 70099

Re: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)

Do you think Vanguard has such expertise? Schwab? Merrill Edge? TD Ameritrade? I simply don't understand why you are beating up Fidelity for not doing what other brokerages also don't do. No, I don't think Vanguard has such expertise. And that's why Vanguard doesn't create its own indexes but relie...
by TIAX
Sat Sep 15, 2018 6:21 pm
Forum: Personal Consumer Issues
Topic: [Wearing] Shorts in Egypt
Replies: 70
Views: 4920

Re: [Wearing] Shorts in Egypt

I know there of plenty here who follow the "I'll just wear whatever is practical wherever I go" school, but I think that can be very disrespectful. Of course lots of folks don't care about that either. It amazed me how many tourists in Rome, even in winter, wandered around St Pete's in their cargo ...
by TIAX
Sat Sep 15, 2018 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Job burnout - Keep grinding or change?
Replies: 57
Views: 5534

Re: Job burnout - Keep grinding or change?

Out minds are maleable - I would take a deep honest look at how your mind works (maybe with the help of a professional) and try to break the negative thought patterns - meditation, mindfulness, cognitive behavioral therapy can help. Even assuming it's possible, why should OP go to therapy to become...
by TIAX
Sat Sep 15, 2018 2:08 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 737
Views: 70099

Re: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)

What point are you trying to make? Your tone implies that there is something wrong with what Fidelity is doing. Not sure why you want me to repeat myself but my point is that Fidelity has little to no experience constructing indexes and perhaps expertise in this area is worth something. Do you thin...
by TIAX
Sat Sep 15, 2018 12:22 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 737
Views: 70099

Re: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)

No, I don't think Vanguard has such expertise. And that's why Vanguard doesn't create its own indexes but relies on organizations like CRSP and FTSE that have extensive expertise. Where in the prospectus does it state that Fidelity created this index? https://www.sec.gov/Archives/edgar/data/35315/0...
by TIAX
Fri Sep 14, 2018 9:37 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 737
Views: 70099

Re: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)

Incapable? You don’t know that. They outsourced it to a company that specializes in index development. Nothing unusual about that. Right and, even though they have no experience constructing an index, they didn't think it was a good idea to "outsource" that. What point are you trying to make? Your ...
by TIAX
Fri Sep 14, 2018 9:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard and Certificate of Deposits
Replies: 8
Views: 1123

Re: Vanguard and Certificate of Deposits

yousha wrote:
Fri Sep 14, 2018 8:18 pm
I now learned that you must have a brokerage account to do so...I am not interested in opening one. Thanks anyway.
I believe you can open a new separate brokerage account and leave your old mutual fund accounts.
by TIAX
Fri Sep 14, 2018 5:30 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 737
Views: 70099

Re: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)

https://www.sec.gov/Archives/edgar/data/819118/000137949118004650/filing788.htm#410968989 Each Index is the property of FMRC, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) to calculate and maintain the Indices. Interesting. Fidelity is incapable of maintaining ...
by TIAX
Fri Sep 14, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Job burnout - Keep grinding or change?
Replies: 57
Views: 5534

Re: Job burnout - Keep grinding or change?

Try this for fun - Normal life expectancy(85 yrs) = 85 × 365 × 24 = 744600 hours Normal working hours(35 yrs) = 35 × 2000 = 70000 hours So one hardly spends 9.4% of his life working. Now compare how much time one thinks and loathes work. I am pretty sure it is more than 9.4%. Point being, one can b...
by TIAX
Fri Sep 14, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 737
Views: 70099

Re: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)

https://www.sec.gov/Archives/edgar/data/819118/000137949118004650/filing788.htm#410968989 Each Index is the property of FMRC, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) to calculate and maintain the Indices. Interesting. Fidelity is incapable of maintaining ...
by TIAX
Fri Sep 14, 2018 12:59 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 737
Views: 70099

Re: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)

https://www.sec.gov/Archives/edgar/data/819118/000137949118004650/filing788.htm#410968989 Each Index is the property of FMRC, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) to calculate and maintain the Indices. Interesting. Fidelity is incapable of maintaining i...
by TIAX
Mon Sep 10, 2018 12:40 am
Forum: Investing - Theory, News & General
Topic: Prep for 1st BOGLEHEADS ON INVESTING podcast w/ Jack Bogle
Replies: 9
Views: 1637

Re: Prep for 1st BOGLEHEADS ON INVESTING podcast w/ Jack Bogle

Nate79 wrote:
Sun Sep 09, 2018 7:06 pm
How/where will the podcast be available for download?
In general, you can use any podcasting app you want.
by TIAX
Sat Sep 08, 2018 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Work asking for input on benefits packages
Replies: 14
Views: 1256

Re: Work asking for input on benefits packages

One day a week work from home after 6 months and another day work from home after a year. I would pitch this as a cost saving measure.
by TIAX
Tue Sep 04, 2018 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: I hit the magic side hustle milestone in August
Replies: 19
Views: 4850

Re: I hit the magic side hustle milestone in August

spoco79 wrote:
Tue Sep 04, 2018 8:48 pm
If there is a question in all of this, I am a bit worried about taxes at the end of the year. I'm looking at right at $70k in self employment income and have planned for about $25k in taxes. Is there any way I can minimize this?
Are you making quarterly estimated tax payments?
by TIAX
Mon Sep 03, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: If the market is so hard to beat, why did a rapper beat it by 40%?
Replies: 61
Views: 3543

Re: If the market is so hard to beat, why did a rapper beat it by 40%?

I came across this article on Kanye West: https://www.cnbc.com/2018/07/28/kanye-west-beat-the-market-by-more-than-40-percent.html So basically you get lots of academics putting forward complicated theories saying that the market is extremely hard (or impossible) to beat, and then you get a rapper w...
by TIAX
Sun Sep 02, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Medical liability claim settlement. What is fair?
Replies: 40
Views: 2572

Re: Medical liability claim settlement. What is fair?

We need your advice as to what is fair. Here is the case: We pay all cost for our children until they are out of college (including food, rent, tuition, car, gas, allowance, Sorority, insurance premiums, out of pocket cost for medical, etc). One of our children (21 years of age) tripped and fell ov...
by TIAX
Fri Aug 31, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Responding to IRS CP2000 notice for backdoor Roth - new 8606 or not?
Replies: 30
Views: 1611

Re: Responding to IRS CP2000 notice for backdoor Roth - new 8606 or not?

Don't bother submitting newly filled out forms. Just fax a brief letter and your relevant brokerage statements.
by TIAX
Fri Aug 31, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Last Will and testament involving very young children and 7 figure estate. What have you done?
Replies: 15
Views: 2076

Re: Last Will and testament involving very young children and 7 figure estate. What have you done?

Having 10 million and asking legal advice on a forum is like asking medical advice about cancer on internet. Did you think about... lawyers? Just wanted to point out that 1 million qualifies as a seven figure number. And 10 million doesn't. As others suggested, speak to an attorney that handles tru...
by TIAX
Wed Aug 29, 2018 8:54 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1051
Views: 82191

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

International hasn’t done that badly if measured with their own currencies You don’t have currency hedge mechanism with funds as companies do, so you are stuck with the fluctuations. Welcome to the currency risk : long periods of underperforming and over performing to US market just because of curr...
by TIAX
Sat Aug 25, 2018 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Best International Small Cap Option
Replies: 53
Views: 5981

Re: Best International Small Cap Option

PRIDX is a no fee fund option but has a high expense, but I have seen people make the case that active international funds may be a good idea vs indexing... They can try to make that "case" but it's not supported by the evidence. According to the latest SPIVA report , over the last 15 years, 91.63%...
by TIAX
Fri Aug 24, 2018 1:00 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Zero ER Funds are underperforming their equivalent premium class index funds
Replies: 59
Views: 6954

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

Not sure if anyone else mentioned this yet... The zero index funds are not actually index funds that hold the actual stocks. Fidelity came up with a formula that lets them buy some of the stocks to save money, but they don't actually hold the whole market weighted index. I was listening to some sho...
by TIAX
Fri Aug 24, 2018 12:16 am
Forum: Investing - Theory, News & General
Topic: Still astonished at how much securities lending covers some Vanguard fund costs
Replies: 17
Views: 1611

Re: Still astonished at how much securities lending covers some Vanguard fund costs

As far as I know all of the loans are 24 hours (or over a weekend), so it isn't exactly long-term lending. And I'm not lending out 100% of all my holdings. So $25 in interest is from just lending out 1,800 shares of a small cap value fund (approximately $140,000 total value of shares) for a single ...
by TIAX
Wed Aug 22, 2018 9:54 pm
Forum: Personal Consumer Issues
Topic: Graduate Degree Mistakenly (?) Conferred - What to Do? [solved]
Replies: 76
Views: 7286

Re: Graduate Degree Mistakenly (?) Conferred - What to Do? [solved]

Tiax, note the distinction between erreneous confer so of a graduate degree and “erroneous” failure to cite every act of speeding. The scare quotes on your own example make all the difference. If are willing to play fast and lose with your own integrity and the integrity of your own resume, that is...
by TIAX
Wed Aug 22, 2018 9:40 pm
Forum: Personal Consumer Issues
Topic: Graduate Degree Mistakenly (?) Conferred - What to Do? [solved]
Replies: 76
Views: 7286

Re: Graduate Degree Mistakenly (?) Conferred - What to Do? [solved]

Claiming to possess a degree that you know was erroneously conferrred is certainly unethical. Andy. When you speed, you are "erroneously" not given a ticket because there happened to be no police car behind you. Each time you speed, start appearing in court to pay your fine. It would certainly be m...
by TIAX
Wed Aug 22, 2018 9:31 pm
Forum: Personal Consumer Issues
Topic: Graduate Degree Mistakenly (?) Conferred - What to Do? [solved]
Replies: 76
Views: 7286

Re: Graduate Degree Mistakenly (?) Conferred - What to Do?

Uh, no. The purpose of most graduate degrees is for the resume. I think he can live without having to write a thesis. OP has no duty to approach the University to rescind his degree. Wow — as an educator I’m flabbergasted by this perspective. Doesn’t the OP have a moral obligation to act with integ...
by TIAX
Tue Aug 21, 2018 1:25 pm
Forum: Personal Consumer Issues
Topic: Graduate Degree Mistakenly (?) Conferred - What to Do? [solved]
Replies: 76
Views: 7286

Re: Graduate Degree Mistakenly (?) Conferred - What to Do?

If you don't correct it, they probably won't let you continue taking classes and do a thesis. Won't that experience/ knowledge be helpful for your future career? Uh, no. The purpose of most graduate degrees is for the resume. I think he can live without having to write a thesis. OP has no duty to a...
by TIAX
Tue Aug 21, 2018 12:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22488

Re: Vanguard to offer non-Vanguard ETFs commission-free

It'll be interesting to see how other brokerage companies react. VG is now offering Schwab and Fido ETFs too. TDAM dropped its VG ETFs last Dec. Etrade added several VG ETFs a few months back. Will other firms feel compelled to start offering more ETFs transaction free (unless there are contractual...
by TIAX
Wed Aug 15, 2018 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity
Replies: 55
Views: 7500

Re: Moving from Vanguard to Fidelity

MichCPA wrote:
Wed Aug 15, 2018 11:19 am
Vanguard said they were launching the free ETFs and implied they would be available at the beginning of the month.
If someone tells you they're getting married in 2019, does that mean January 1, 2019?
by TIAX
Wed Aug 15, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: Verizon sending me two bills and I can't change my name with them
Replies: 10
Views: 1079

Re: Verizon sending me two bills and I can't change my name with them

If you have a negative balance, call and ask them to send you a check.
by TIAX
Wed Aug 15, 2018 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity
Replies: 55
Views: 7500

Re: Moving from Vanguard to Fidelity

Vanguard is client-owned which is the ideal model. It is not client-owned. It is owned by the funds. +1000 I have never gotten to make a Vanguard ownership decision and I don't know why people keep bringing this up. There is no practical difference. If the fund managers are voting the ownership of ...
by TIAX
Tue Aug 14, 2018 9:35 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1051
Views: 82191

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Call_Me_Op wrote:
Tue Aug 14, 2018 6:04 am
The OP is suffering from a severe case of Recency Bias.
Please tell me there's a cure.
by TIAX
Sun Aug 12, 2018 5:37 pm
Forum: Personal Consumer Issues
Topic: Unlocked iPhone on eBay or Amazon?
Replies: 22
Views: 1431

Re: Unlocked iPhone on eBay or Amazon?

SimonJester wrote:
Sun Aug 12, 2018 4:38 pm
I bought several 5s for my kids from amazon and they all worked out ok. Again just research who the actual seller is and what the return policy is. I would steer clear of ebay due to the scams and what not.
As long as you pay using paypal, I wouldn't worry about scams.
by TIAX
Sun Aug 12, 2018 2:48 pm
Forum: Personal Consumer Issues
Topic: Unlocked iPhone on eBay or Amazon?
Replies: 22
Views: 1431

Re: Unlocked iPhone on eBay or Amazon?

Make sure you check the return policy on ebay. Most ebay sellers don't allow returns (unless it's broken) so if you think you might change your mind, go with amazon.
by TIAX
Sun Aug 12, 2018 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Response from boss re: market analysis
Replies: 71
Views: 7685

Re: Rude response from boss re: market adjustment

Fact of life... Bosses are allowed to be rude. Subordinates aren't. Learn to live with it. Do people actually think like this? Yes they do. If you'd ever witnessed some executive temper tantrums and been thankful you weren't on the receiving end you would too. I don't mean to suggest there aren't r...
by TIAX
Sat Aug 11, 2018 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Response from boss re: market analysis
Replies: 71
Views: 7685

Re: Rude response from boss re: market adjustment

cheese_breath wrote:
Fri Aug 10, 2018 7:25 am
Fact of life... Bosses are allowed to be rude. Subordinates aren't. Learn to live with it.
Do people actually think like this?
by TIAX
Fri Aug 10, 2018 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest after 401k is full
Replies: 16
Views: 2014

Re: Where to invest after 401k is full

Well, running into an issue. The mingled deductible/non-deductible IRA is of course not a rollover IRA, and my current 401k won't accept rolling over an IRA that is not a rollover IRA. So I think that nixes the idea. Whoever you talked at your 401k has no idea what they're talking about. Ask for yo...
by TIAX
Wed Aug 08, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Employer will not indemnify me cause I am retired
Replies: 56
Views: 5501

Re: Employer will not indemnify me cause I am retired

I'd think about it this way. The employees are covered. Why? You are not getting paid nor getting covered. Why not? So why would you risk anything? I think the risk is very low. The plaintiffs have to prove beyond a reasonable doubt that I harmed or been negligent when: A. I am a volunteer, and a n...
by TIAX
Wed Aug 08, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 737
Views: 70099

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

People who don't have enough assets to reach admiral are the same people who need a lot of hand holding (phone calls, help filling out forms, etc.). What's your factual basis for making such an insulting accusation? On average, do you think someone who is new to investing has more or less questions...
by TIAX
Wed Aug 08, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Employer will not indemnify me cause I am retired
Replies: 56
Views: 5501

Re: Employer will not indemnify me cause I am retired

https://s19.postimg.cc/p44bnyhhf/LAUSD_457_b_TOTAL_FEES_Updated_August_2018.jpg My colleagues on this committee are beyond reproach! We are one of the most knowledgeable, all volunteer, advisory committees in the country. My forever free PDF book Fighting Powerful Interests tells a 20-year story of...
by TIAX
Wed Aug 08, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Employer will not indemnify me cause I am retired
Replies: 56
Views: 5501

Re: Employer will not indemnify me cause I am retired

Life is short and risks are everywhere. The odds of being sued are very small - 1 in 100 or 1 in 1000? The odds of a frivolous lawsuit going forward is smaller still. Could you end up with a lawyer fee of $5k or 10k? Sure. And if that would affect your standard of living, well maybe reconsider. The...
by TIAX
Wed Aug 08, 2018 11:40 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 737
Views: 70099

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

3. The tax efficiency of Fidelity index funds will likely remain worse than their equivalent Vanguard for the foreseeable future . Vanguard has patents to structure their ETFs as a share class of their index funds. That allows them to push out each fund's lowest-cost shares through in-kind ETF rede...
by TIAX
Wed Aug 08, 2018 10:11 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 737
Views: 70099

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

How do you know the Investor shares shareholders are subsidizing the Admiral shares investors, if you don’t know how many of each there are and the typical costs associated with each type of account? Right. People who don't have enough assets to reach admiral are the same people who need a lot of h...
by TIAX
Tue Aug 07, 2018 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Employer will not indemnify me cause I am retired
Replies: 56
Views: 5501

Re: Employer will not indemnify me cause I am retired

I get it that an attorney has to make a motion to dismiss on my behalf. Thanks for the cost quote. Not sure the negligent factor in your example applies to my committee responsibility. The committee is all volunteer except for benefits personal, and the rep from the CFO. We follow the ERISA guideli...
by TIAX
Tue Aug 07, 2018 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Employer will not indemnify me cause I am retired
Replies: 56
Views: 5501

Re: Employer will not indemnify me cause I am retired

I am not quitting. My umbrella insurance agent said that I was not liable because I am a volunteer, nonpaid, and most importantly, our committee has no power to make decisions. The CFO has that power. My agent also said that no liability insurance exists that would cover somebody in my position bec...