Search found 994 matches

by TIAX
Sun Apr 22, 2018 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Guidance
Replies: 2
Views: 204

Re: 401k Guidance

Please edit your original post to include expense ratios. I'd guess the best fund to use would be Voya U.S. Stock Index Portfolio.
by TIAX
Sun Apr 22, 2018 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on SPTM ETF in taxable for US stock index fund
Replies: 26
Views: 881

Re: Opinions on SPTM ETF in taxable for US stock index fund

motorcyclesarecool wrote:
Sun Apr 22, 2018 3:34 pm
For a big transaction a single commission of $6.95 to buy VTI is cheaper than paying 6 bp of bid-ask spread for SPTM.
What do you think is the break-even point for a big enough single transaction to make paying the commission for VTI make sense?
by TIAX
Wed Apr 18, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Administrative Fees
Replies: 6
Views: 498

Re: 401k Administrative Fees

What is a reasonable cost basis for administrative fees? The advisor my work uses for the 401k plan originally was paid commissions. When I first met with him, he recommended some ultra-conservative fund-of-fund with trailing commissions hovering around +2.5%. This was after telling him how I have ...
by TIAX
Wed Apr 18, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Suddenly I had a weird bill go to collections - what's my course of action?
Replies: 36
Views: 3164

Re: Suddenly I had a weird bill go to collections - what's my course of action?

staythecourse wrote:
Wed Apr 18, 2018 11:04 am
Unfortunate since you went out of your insurance (which is illegal as well) they couldn't be available to send you an EOB.
It's "illegal" not to use insurance? I think not.
by TIAX
Sun Apr 15, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Suddenly I had a weird bill go to collections - what's my course of action?
Replies: 36
Views: 3164

Re: Suddenly I had a weird bill go to collections - what's my course of action?

OP, what fake info did you give them? Just the address? I assume you used your real name.
by TIAX
Sun Apr 15, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Suddenly I had a weird bill go to collections - what's my course of action?
Replies: 36
Views: 3164

Re: Suddenly I had a weird bill go to collections - what's my course of action?

Help, I'm really stressing out! You're stressing out over a $100 possibly invalid debt? All collection agencies do is scare people who don't know that the agencies can't actually do anything. Write the letter to the collection agency asking them to validate the debt and, otherwise, not contact you,...
by TIAX
Sun Apr 15, 2018 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: 2018 Tax Planning Help - New to US - Couple in Their 30s
Replies: 11
Views: 805

Re: 2018 Tax Planning Help - New to US - Couple in Their 30s

[*] Taking Advantage of the LLC. We have a single-member LLC that kicks out about 4K of monthly income. Any way to take advantage of this entity for tax purposes? For example, should I be looking at a self-employed 401k (too complicated?). Setting up a solo 401(k) is very simple. Take a look at thi...
by TIAX
Sun Apr 15, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)
Replies: 22
Views: 1504

Re: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)

I think I will get $600 bonus for switching to ME, plus around an extra $300 per year in credit card bonus. My wife likes using BofA for checking, so this makes sense and cents for us. $300/year is just enough for me to switch my taxable from Vanguard. The "extra" $300 is still lower than many othe...
by TIAX
Sun Apr 15, 2018 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)
Replies: 22
Views: 1504

Re: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)

The only part of that that makes sense is 3% gas (which becomes 5.25%?). You can get 2% on everything on fidelity or citi double cash, 6% groceries on amex and 3% on amex. You can also get 4% on restaurants and 3% on flights and hotels on the uber visa. Doesn't sound like a good reason to transfer ...
by TIAX
Sat Apr 14, 2018 9:22 am
Forum: Investing - Help with Personal Investments
Topic: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)
Replies: 22
Views: 1504

Re: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)

I just did the same thing. 1% everything, 2% groceries and wholesalers, 3% gas. Thats not that great. What makes it good is the 75% bonus boost to your cash back rewards. I am guessing OP also gets that max boost. The only part of that that makes sense is 3% gas (which becomes 5.25%?). You can get ...
by TIAX
Sat Apr 14, 2018 12:29 am
Forum: Investing - Help with Personal Investments
Topic: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)
Replies: 22
Views: 1504

Re: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)

athan wrote:
Fri Apr 13, 2018 9:23 pm
I bank with BofA and want to transfer my taxable account from Vanguard to Merrill Edge to take advantage of the credit card bonus.
What will your cash back % be with the bonus?
by TIAX
Tue Apr 10, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 237
Views: 30946

Re: New HSA provider Lively offers investments for $30/yr fee

I guess I am going to get over the aversion to ETFs.... Does anyone have any insight on SPDR vs iShares ETFs or are they pretty much the same? The best options for Total Stock Market (SPTM), Total International Stock Market (SPDW and SPEM) and Total Bond Market (SPAB) are all SPDR. I would only con...
by TIAX
Sat Apr 07, 2018 7:35 am
Forum: Investing - Theory, News & General
Topic: Do 401k Plan Providers Make Money from Mutual Fund Fees
Replies: 6
Views: 609

Re: Do 401k Plan Providers Make Money from Mutual Fund Fees

You can read the Form 5500 for your 401(k) plan that is available online for everyone to see. It should show how much your 401(k) provider makes from your plan. It seems you want to know if the 401(k) custodian/sponsor gets a cut of the expense ratios that participants pay and any other payments th...
by TIAX
Thu Apr 05, 2018 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: Social Media ETFs
Replies: 12
Views: 699

Re: Social Media ETFs

Mega, that's precisely my point. I don't have the comfort level that is needed to produce an informed decision. This will be only the third ETF I have in a portfolio comprised of 142 individual equities. It's sort of my own mutual fund. I need help in this sector & I'm willing to pay a reasonable f...
by TIAX
Thu Apr 05, 2018 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: [Wells Fargo Visa 3% Foreign Exchange fee]
Replies: 58
Views: 2661

Re: WF Visa 3% FX fee

oldcomputerguy wrote:
Thu Apr 05, 2018 10:31 am
ivk5 wrote:
Thu Apr 05, 2018 9:02 am
A bit OT but +1 to this. If you are really allergic to points, just switch to a 2% cash back card (Fidelity, Citi Double Cash, etc).
Fidelity 2% cashback card charges the 3% foreign transaction fee.
It's actually 1%, not 3%.
by TIAX
Wed Apr 04, 2018 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: Social Media ETFs
Replies: 12
Views: 699

Re: Social Media ETFs

How often do you buy sector (and even narrower) funds?
by TIAX
Wed Apr 04, 2018 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: [Wells Fargo Visa 3% Foreign Exchange fee]
Replies: 58
Views: 2661

Re: WF Visa 3% FX fee

You could consider the new uber visa. It has no foreign transaction fee, 4% cash back on restaurants and bars and 3% back on flights and hotels.
by TIAX
Wed Apr 04, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Passthrough deduction affected by solo 401k?
Replies: 39
Views: 2398

Re: Passthrough deduction affected by solo 401k?

I would even suggest that it might make sense to adopt a prototype SEP IRA at Schwab that can coexist with a one-participant 401k. Then you can make the employer contribution to the SEP and rollover the contribution to a Roth IRA. Effectively making Roth employer contributions which you are not all...
by TIAX
Tue Apr 03, 2018 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for using credit card for auto rental insurance
Replies: 25
Views: 1845

Re: Advice for using credit card for auto rental insurance

jeffyscott wrote:
Tue Apr 03, 2018 10:21 pm
If you rent a lot and don't have umbrella insurance, there are non-owner's policies for liability coverage.
One issue with non-owners policies is you generally can't get these if you have regular access to a car (for example, a friend or relative's).
by TIAX
Sat Mar 31, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Resign from job or possible termination
Replies: 76
Views: 8914

Re: Resign from job or possible termination

Maybe I'm a bad person, but if I knew that I was being terminated, I would not be feeling any job stress anymore (at least not due to the working conditions). I mean, what can they do, fire you? I also used up my Flexible Spending Account, did some elective surgery, and spent a lot of time surfing ...
by TIAX
Sat Mar 31, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Resign from job or possible termination
Replies: 76
Views: 8914

Re: Resign from job or possible termination

This is a tough call, depending on the friend. But I was thinking more of a situation where another employer contacts you for a reference, not yours. I think LadyGeek is suggesting that discussion of dishonest behavior is not allowed on this board. Whether one chooses to engage in the behavior (soup...
by TIAX
Sat Mar 31, 2018 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Advice on setting up a 3-5 fund 401k portfolio
Replies: 6
Views: 408

Re: Advice on setting up a 3-5 fund 401k portfolio

Please edit your original post to include the expense ratios.
by TIAX
Sat Mar 31, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Resign from job or possible termination
Replies: 76
Views: 8914

Re: Resign from job or possible termination

Discussions of dishonest behavior or bypassing the law is totally unacceptable. I removed a post suggesting that persons supplying employment references be untruthful. A potential employer contacts you to act as a reference for your friend and one of the questions asked is "does [your friend] have ...
by TIAX
Sat Mar 31, 2018 12:12 am
Forum: Investing - Theory, News & General
Topic: Vanguard in the WSJ today
Replies: 57
Views: 7606

Re: Vanguard in the WSJ today

The issue with Vanguard isn't the occasional problem, it's not having a process to correct problems. For example, Vanguard has been having issues with cost basis for years and does nothing other than take weeks or months to manually address the affected client (instead of fixing whatever broken soft...
by TIAX
Fri Mar 30, 2018 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Max 401(k) before ROTH IRA?
Replies: 12
Views: 732

Re: Max 401(k) before ROTH IRA?

The best choice is often not to make a choice. Just max both so you don't have to worry about it. There's no reason not to max at your income level.
by TIAX
Fri Mar 30, 2018 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Resign from job or possible termination
Replies: 76
Views: 8914

Re: Resign from job or possible termination

Maybe I'm a bad person, but if I knew that I was being terminated, I would not be feeling any job stress anymore (at least not due to the working conditions). I mean, what can they do, fire you? This is correct. I certainly wouldn't be worrying about deadlines, etc. I'm sure you'd still be stressed...
by TIAX
Thu Mar 29, 2018 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Capitol One CC Problem
Replies: 10
Views: 808

Re: Capitol One CC Problem

Are there 2% no fee cards with no foreign transaction fees?
by TIAX
Thu Mar 29, 2018 2:51 pm
Forum: Personal Consumer Issues
Topic: New York Balance Billing for Out of Network Providers
Replies: 19
Views: 1664

Re: New York Balance Billing for Out of Network Providers

- I can't remember any of my doctors *EVER* asking me which lab to send my bloodwork/etc to. - I can't remember *EVER* being given a choice about which radiologist/specialist is going to look over some test/imaging data and write the report about it. Most doctors will use the lab that's in-network ...
by TIAX
Thu Mar 29, 2018 2:49 pm
Forum: Investing - Theory, News & General
Topic: What is the endgame for Millennials?
Replies: 128
Views: 8938

Re: What is the endgame for Millennials?

I think that pensions vanishing is good for Millennials. The reason is that pensions die with their parents, but if their parents had 401(k)s, 403(b)s, IRAs, then they will inherit quite a bit of money. Their parents aren't saving, either. At retirement (for 65 year olds and higher), the average 40...
by TIAX
Wed Mar 28, 2018 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition
Replies: 121
Views: 6607

Re: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition

I believe this is the 101st post on this thread and that message still hasn't been accepted by some. Quite simply, the IRS looks at substance over form and the substance of the proposed transaction is that OP is selling the stock to pay for his child's education and therefore the sale is taxed to h...
by TIAX
Wed Mar 28, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition
Replies: 121
Views: 6607

Re: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition

Nearly all posters have raised concerns about the legality or the morality of this idea. More sanctimony. This has nothing to do with morality. Judge Learned Hand on this issue: There is not the faintest ground for imputing any such purpose to the parties at bar; and, if there were, it ought not to...
by TIAX
Wed Mar 28, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: New York Balance Billing for Out of Network Providers
Replies: 19
Views: 1664

Re: New York Balance Billing for Out of Network Providers

“May” is not relevant. The only consent that would require you to pay under NY law is one that says you know the charge will be out of network. See https://www.dfs.ny.gov/consumer/hprotection.htm This is correct. More specifically, under N.Y Financial Services Law § 603(h)(2) a surprise bill is one...
by TIAX
Wed Mar 28, 2018 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition
Replies: 121
Views: 6607

Re: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition

One more attempt. By saying the ‘IRS won’t do anything” you are saying you’re not likely to get caught. Furthermore, how do you know that an audit of OP’s tax return won’t involve an examination of his brokerage records and tracing of those transactions? Any advice other than advising OP to avoid t...
by TIAX
Wed Mar 28, 2018 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition
Replies: 121
Views: 6607

Re: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition

Gill wrote:
Mon Mar 26, 2018 10:33 am
As I discussed above, it is very clear this is a step transaction and the IRS will look at the clear intent and treat it as if the parents sold the stock and then gave the proceeds to the children.
Just like it was clear with backdoor Roths?
by TIAX
Wed Mar 28, 2018 7:32 am
Forum: Investing - Help with Personal Investments
Topic: Why is Vanguard not answering the phone
Replies: 31
Views: 4409

Re: Why is Vanguard not answering the phone

whodidntante wrote:
Wed Mar 28, 2018 7:22 am
I hold Vanguard's world class, low cost funds at better brokerages. They give me money, free trades, and TurboTax, and have good customer service.
They don't give you money and TurboTax is cheaper on amazon than with the fake Vanguard discount.
by TIAX
Wed Mar 28, 2018 7:17 am
Forum: Personal Consumer Issues
Topic: New York Balance Billing for Out of Network Providers
Replies: 19
Views: 1664

Re: New York Balance Billing for Out of Network Providers

Fill out the assignment of benefits form and send it and the invoice both to the lab and your insurer. The lab may then only bill you if you owe deductible/coinsurance, etc. the insurance company/lab says that I consented to an out of network provider It doesn't matter what they say. Did you in fact...
by TIAX
Tue Mar 27, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Merrill Edge sold my ETFs without my consent, SEC, FINRA, CFPB?
Replies: 89
Views: 8110

Re: Merrill Edge sold my ETFs without my consent, SEC, FINRA, CFPB?

One option would be FINRA arbitration . Thanks! This is the most useful information I've gotten on the last 2 pages. Probably will only go this route though if I've lost money or they refuse to transfer my money to my new IRA I recently opened and requested a full ACAT for. I'd prefer not go this r...
by TIAX
Mon Mar 26, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Merrill Edge sold my ETFs without my consent, SEC, FINRA, CFPB?
Replies: 89
Views: 8110

Re: Merrill Edge sold my ETFs without my consent, SEC, FINRA, CFPB?

The issue isn't whether they can close his account but whether they can sell his securities at a random price and without warning. Do the T&C really state that they can sell securities if he does something with his credit card they don't like? I agree....this is the issue. My question would be: how...
by TIAX
Mon Mar 26, 2018 12:37 am
Forum: Investing - Theory, News & General
Topic: A new twist--flex fees
Replies: 7
Views: 1017

Re: A new twist--flex fees

So the reward for under-performing Vanguard index funds is an expense ratio higher than Vanguard index funds?
by TIAX
Mon Mar 26, 2018 12:29 am
Forum: Personal Finance (Not Investing)
Topic: Merrill Edge sold my ETFs without my consent, SEC, FINRA, CFPB?
Replies: 89
Views: 8110

Re: Merrill Edge sold my ETFs without my consent, SEC, FINRA, CFPB?

The issue isn't whether they can close his account but whether they can sell his securities at a random price and without warning. Do the T&C really state that they can sell securities if he does something with his credit card they don't like?
by TIAX
Sat Mar 24, 2018 11:28 pm
Forum: Investing - Theory, News & General
Topic: Invests money, 3 days later the market tanks.
Replies: 58
Views: 7105

Re: Invests money, 3 days later the market tanks.

jackhensy wrote:
Sat Mar 24, 2018 11:13 pm
I invested $6500 on 3-20-18. Then the next day Jerome Powell raises interest rates. The stock market tanks on 3-23-18 and I lose $3,500.
What makes you think the 2% "tanking" is related to interest rates?
by TIAX
Thu Mar 22, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Employee Fiduciary Update - 15 months in
Replies: 11
Views: 1027

Re: Employee Fiduciary Update - 15 months in

Thanks for the update. Who would you use over EF? Do you think EF is fine with a simpler plan (e.g., regular safe harbor, no cross testing)?
by TIAX
Wed Mar 21, 2018 9:36 am
Forum: Investing - Help with Personal Investments
Topic: New Boglehead - 401k
Replies: 25
Views: 1353

Re: New Boglehead - 401k

I would use
ISHARES S&P 500 INDEX FD INSTL - BSPIX - .11% ER
ISHARES MSCI EAFE INTRNL INSTL 2 - MAIIX - .15% ER
and maybe
COLUMBIA SMALL CAP INDX INSTL2 - CXXRX - .2%

The bond fund is too expensive. Get bonds in your IRA/HSA/taxable.
by TIAX
Tue Mar 20, 2018 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Is buying $50,000 worth of TSLA at this time advisable?
Replies: 46
Views: 3451

Re: Is buying $50,000 worth of TSLA at this time advisable?

Hi all, I have a little over $50,000 of "play" money to use in the stock market. My cousin has been getting some very nice returns with TSLA and AMZN, that is, until the last few days. He advised that since TSLA is down, now is a good time to buy. If not TSLA, then what else should I consider? Than...
by TIAX
Tue Mar 20, 2018 9:32 am
Forum: Investing - Help with Personal Investments
Topic: New Boglehead - 401k
Replies: 25
Views: 1353

Re: New Boglehead - 401k

Please edit your original post to include all fund choices and expense ratios. No need to tell us what's in the target retirement fund.
by TIAX
Mon Mar 19, 2018 11:05 am
Forum: Personal Consumer Issues
Topic: Stovetop Tea Kettle Recommendations?
Replies: 36
Views: 3442

Re: Stovetop Tea Kettle Recommendations?

Have you tried La Creuset kettles?
by TIAX
Fri Mar 16, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: HSA deadline for 2017 contributions
Replies: 7
Views: 547

Re: HSA deadline for 2017 contributions

And you may want to consider using lively.
by TIAX
Thu Mar 15, 2018 11:17 pm
Forum: Investing - Theory, News & General
Topic: PSA: Vanguard Drops The Ball (Cost Basis Issue)
Replies: 23
Views: 3642

Re: PSA: Vanguard Drops The Ball (Cost Basis Issue)

Vanguard -- or something called "the cost basis team" at Vanguard -- seems to be having a lot of trouble getting SpecID issues handled properly. I asked my rep what they are doing to address the issue as a larger problem than just what I was experiencing since many on this site have been reporting ...
by TIAX
Wed Mar 14, 2018 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: New 401k provider/How to prevent over-contribution
Replies: 4
Views: 291

Re: New 401k provider/How to prevent over-contribution

If your plan allows post-tax (non-Roth) contributions, the plan would likely not stop contributions at 18.5k. Otherwise, it should. Your payroll department should know.