Search found 418 matches

by Atgard
Thu Aug 29, 2019 7:05 am
Forum: Personal Finance (Not Investing)
Topic: S Corp payroll co for single owner/employee?
Replies: 38
Views: 5420

Re: S Corp payroll co for single owner/employee?

Spirit Rider, thank you for all of the great info you provide on these forums. We are very lucky to have you here. :sharebeer
by Atgard
Wed May 15, 2019 10:05 am
Forum: Personal Consumer Issues
Topic: Dealer or Local Mechanic?
Replies: 41
Views: 2152

Re: Dealer or Local Mechanic?

I think it's hard to generalize. While dealers MAY be more "standard," there are still good and bad dealers, and probably some that overcharge, hard sell, etc. The variation among local shops can be immense. I went from a repair shop with my first car that literally put in used parts (charging me fo...
by Atgard
Tue Mar 12, 2019 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Accounting for house in net worth, expenses
Replies: 66
Views: 4240

Re: Accounting for house in net worth, expenses

Lots of people differ on how to do this. The good news is your "net worth" calculation is basically only meaningful for you, so you get to define it however you'd like. I take an estimate of the current home value (I average Zillow + Redfin, not perfectly accurate but doesn't need to be, it's in the...
by Atgard
Fri Jan 25, 2019 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Home insurance going up every year...
Replies: 58
Views: 3774

Re: Home insurance going up every year...

I change all my insurance every year or two for this reason. Started using an independent insurance agent and it made the process a lot less painful. I've always wondered, what keeps them from presenting only the policies with the best commissions? Also, they may only quote those companies that pay...
by Atgard
Fri Jan 25, 2019 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Implementing a wealth tax
Replies: 64
Views: 3617

Re: Implementing a wealth tax

Regardless of its merit I was wondering how a wealth tax is implemented. I believe several countries have some form of wealth tax (e.g., Spain). But I don’t understand how valuation works. If I have a valuable painting, who knows I have it or what it’s worth? Certainly the value is debatable. Or if...
by Atgard
Wed Jan 16, 2019 8:01 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 58156

Re: John Bogle is dead at 89

We lost a truly great man today.

Mr. Bogle gave a whole lot to a whole lot of us. Perhaps the greatest philanthropist of all time. He made the world a better place. May he rest in peace.
by Atgard
Mon Jan 14, 2019 10:13 am
Forum: Personal Consumer Issues
Topic: Taking expensive DSLR on kayak?
Replies: 41
Views: 2283

Re: Taking expensive DSLR on kayak?

I don't know why people still use DSLRs outside the studio to be honest. I know you already have it, but modern mirrorless, P&S, and cell phone cameras have gotten so good the SLR is practically an anachronism. Except for long lenses I guess. If I were going on a kayak trip I would literally take a...
by Atgard
Thu Dec 13, 2018 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity HSA - Account Closed (Risk Department)
Replies: 20
Views: 3539

Re: Fidelity HSA - Account Closed (Risk Department)

So are you saying the only existing Fido accounts you already had are 1. Fido Credit Card 2. Fido Cash Management to deposit CC cash back If so, do you regularly empty the Fido Cash Management account? I'm wondering if this has something to do with the value of your assets at Fido & the cost to Fid...
by Atgard
Thu Dec 13, 2018 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity HSA - Account Closed (Risk Department)
Replies: 20
Views: 3539

Re: Fidelity HSA - Account Closed (Risk Department)

I am quite angry, and mostly disappointed. Maybe because I'm a geek about this stuff, but I was REALLY excited to move my crappy HSA over to Fidelity (where I already had an account, so it would also streamline things). Are any of your other Fido accounts affected? And if not, if just the brand new...
by Atgard
Wed Dec 12, 2018 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity HSA - Account Closed (Risk Department)
Replies: 20
Views: 3539

Re: Fidelity HSA - Account Closed (Risk Department)

Not only can financial institutions close your account for "suspected suspicious activity" as others have said above - but there are specific laws and regulations which very clearly state that you cannot tell the customer why you closed the account - especially around anti-money laundering laws. Wh...
by Atgard
Wed Dec 12, 2018 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity HSA - Account Closed (Risk Department)
Replies: 20
Views: 3539

Re: Fidelity HSA - Account Closed (Risk Department)

onourway wrote:
Wed Dec 12, 2018 2:55 pm
Any history of churning credit cards/bank accounts?
No, I never got into that. No "manufactured spend" or chasing sign-up bonuses. Have had the Elan / Fidelity card for many years, automatically paid in full each month with no issues.
by Atgard
Wed Dec 12, 2018 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity HSA - Account Closed (Risk Department)
Replies: 20
Views: 3539

Re: Fidelity HSA - Account Closed (Risk Department)

Could it be a security concern, like too many login attempts? Will they give you a chance to open a new account or clear the issue? Never heard of someone not being allowed to open account. No, it was on my first attempted login, said your account is locked and call CS. They gave me no option to cl...
by Atgard
Wed Dec 12, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity HSA - Account Closed (Risk Department)
Replies: 20
Views: 3539

Re: Fidelity HSA - Account Closed (Risk Department)

https://www.facebook.com/fidelityinvestments/posts/fidelity-has-issues-with-the-risk-management-department-ive-been-locked-out-of-m/10155276449663298/ might help you. Thank you for the response. That post seems to be specifically about Fidelity complaining about potential malware on someone's compu...
by Atgard
Wed Dec 12, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity HSA - Account Closed (Risk Department)
Replies: 20
Views: 3539

Fidelity HSA - Account Closed (Risk Department)

Hello all, I have a core Fidelity account linked to the Fidelity credit card, I haven't done any trading there. I recently opened a Fidelity HSA, and was in process of transferring my HSA into Fidelity. My account got locked and on the phone the rep said the "risk management department" decided to c...
by Atgard
Mon Dec 10, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: $234/mo Bronze HMO vs $290/mo Bronze HMO HSA-eligible medical insurance plan?
Replies: 8
Views: 868

Re: $234/mo Bronze HMO vs $290/mo Bronze HMO HSA-eligible medical insurance plan?

I am a big fan of HSAs if the premium costs are close enough. You get immediate tax savings and tax-free growth and tax savings when you withdraw down the road. You have to look at your individual tax situation to see how much you will save immediately with the $3,500 tax deduction, then consider ho...
by Atgard
Sat Dec 08, 2018 8:55 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1012
Views: 107747

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

[ . . .] I'm a big believer in a set it and forget it approach to investing...so much so that I barely remember my password into HSA bank, let along how to do transfers. [. . .] Side note (possibly mostly for the paranoid): apparently HSAs are subject to escheatment (unclaimed property seizure) und...
by Atgard
Sat Dec 01, 2018 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Help/Tax Expert Needed
Replies: 60
Views: 1934

Re: HSA Help/Tax Expert Needed

For what it's worth, I had a situation where we had a child while my employer was in the midst of switching insurance companies and "back dating" the insurance ... although I think it was just for one month, meaning they obtained coverage around the 15th of the month, and back-dated to the 1st. It w...
by Atgard
Fri Nov 30, 2018 12:20 pm
Forum: Investing - Theory, News & General
Topic: Why are REITS a separate asset class but healthcare is not?
Replies: 55
Views: 3455

Re: Why are REITS a separate asset class but healthcare is not?

I consider 4 main separate "asset classes": - Stocks (with flavors of large/small, domestic/int'l, various sectors, etc.) - Fixed Income (bonds, CDs, cash earning interest, etc.) - Real Estate (my house, investment properties, REITS) - Commodities (the easiest to invest in is gold or silver, but cop...
by Atgard
Fri Nov 30, 2018 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Help/Tax Expert Needed
Replies: 60
Views: 1934

Re: HSA Help/Tax Expert Needed

yes I did "The IRS defines a high deductible health plan as any plan with a deductible of at least $1,350 for an individual or $2,700 for a family. An HDHP’s total yearly out-of-pocket expenses (including deductibles, copayments, and coinsurance) can’t be more than $6,650 for an individual or $13,3...
by Atgard
Wed Nov 28, 2018 10:50 am
Forum: Personal Consumer Issues
Topic: Electricity bill should be 7% per month of home sq footage.
Replies: 66
Views: 4502

Re: Electricity bill should be 7% per month of home sq footage.

REALLY hard to say. Where do you live? Cooling vs. heating costs can be much different. Do you have natural gas, or just electric? Do you have a pool? How many people live in the house? What do you like to set the thermostat at? Etc. All that said, with pretty good insulation & energy efficiency, an...
by Atgard
Tue Nov 27, 2018 2:54 pm
Forum: Personal Consumer Issues
Topic: How do value the cost of commuting?
Replies: 54
Views: 3718

Re: How do value the cost of commuting?

Agree it's not even remotely worth it for $15-$25K to add on 2.5 hrs+ commute per day. In your situation, with wife bringing in great money and you bringing in good money but able to be there for the kids, I wouldn't do it for almost any increase in pay, certainly nothing like $25K or $50K or even $...
by Atgard
Mon Nov 26, 2018 10:57 am
Forum: Investing - Theory, News & General
Topic: Vanguard Individual 401K now offering Admiral funds
Replies: 66
Views: 7447

Re: Vanguard Individual 401K now offering Admiral funds

I also just called Vanguard, it was super easy and the rep was very helpful, just transferred over Investor-class shares to Admiral-class shares with a lower ER. (Trade should go through at close of business today.)

This eliminates one of the few downsides to the Vanguard Individual 401K plan.
by Atgard
Mon Nov 26, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Point and shoot camera
Replies: 130
Views: 7150

Re: Point and shoot camera

I hope some of you know the answer to the following question. I just compared few indoor pictures taken from iPhone7+ and Sony A6000 kit lens. The Sony picture shows ISO of 3200 without using flash but iPhone shows ISO 100. HOWEVER, when you start pixel peeping the actual noise in the picture, the ...
by Atgard
Thu Nov 22, 2018 2:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Individual 401K now offering Admiral funds
Replies: 66
Views: 7447

Re: Vanguard Individual 401K now offering Admiral funds

I do see the old shares are listed as "closed to new investors." But I'm still getting a message saying "Admiral Shares may not be held in this type of account." So perhaps it can be done manually by Vanguard? Thanks for bringing this up, I guess I'll try calling on Monday unless anyone else has an...
by Atgard
Thu Nov 22, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1012
Views: 107747

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Assuming everything works smoothly, I would say Fidelity just leaped to the very top as the no-brainer #1 choice for HSAs. On top of that, many people already have Fidelity accounts, CCs, etc. and will want to switch for consolidation/simplification purposes. So I think they'll not only dominate new...
by Atgard
Thu Nov 22, 2018 10:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard Individual 401K now offering Admiral funds
Replies: 66
Views: 7447

Re: Vanguard Individual 401K now offering Admiral funds

I do see the old shares are listed as "closed to new investors." But I'm still getting a message saying "Admiral Shares may not be held in this type of account." So perhaps it can be done manually by Vanguard? Thanks for bringing this up, I guess I'll try calling on Monday unless anyone else has an ...
by Atgard
Sun Nov 18, 2018 9:28 am
Forum: Personal Investments
Topic: Is it 'Market Timing' (i.e., Bad) to Have an Investment Plan Where You Increase Stock Allocation if Market Declines?
Replies: 24
Views: 2720

Re: Is it 'Market Timing' (i.e., Bad) to Have an Investment Plan Where You Increase Stock Allocation if Market Declines?

I have seen several times that 80/20 generally (historically) captures almost all the returns of 100% stocks, with significantly less downside. It seems to be the "sweet spot" in an aggressive portfolio, with severely diminishing returns beyond that point (since you lose the benefit of diversificati...
by Atgard
Sat Nov 17, 2018 6:47 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1012
Views: 107747

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

After a lot of clicking around, I found this page on how to mail in indirect rollover checks. See #5. https://www.fidelity.com/cash-management/contribute-hsa I also found this deposit slip pdf and plan to send in with the check. https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/cus...
by Atgard
Sat Nov 17, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1012
Views: 107747

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Hello. I opened my HSA at Fidelity, but I haven't been able to find any way to do an indirect transfer of my HSA account (currently in a bank account) so that the contribution is marked as a rollover contribution rather than a 2018 contribution. I'll call to find out whether it's possible on Monday...
by Atgard
Fri Nov 09, 2018 3:19 pm
Forum: Personal Consumer Issues
Topic: Point and shoot camera
Replies: 130
Views: 7150

Re: Point and shoot camera

It's one thing to say a phone camera is "good enough" for your purposes (which it very well may be), it's quite another to say that it takes pictures "as good as" a dedicated APS-C mirrorless camera. It's up to the OP how important image quality & features vs. price & convenience are to him/her. For...
by Atgard
Fri Nov 09, 2018 12:59 pm
Forum: Personal Consumer Issues
Topic: Point and shoot camera
Replies: 130
Views: 7150

Re: Point and shoot camera

By the way, I have Sony A6000 mirrorless and can actually compare the photos taken by it versus iPhone7+ The Sony is marginally better but it costs me as much as the phone if not more when I added up all the accessories and extra lens etc. While phone cameras can take good-looking photos (at least ...
by Atgard
Fri Nov 09, 2018 11:03 am
Forum: Personal Consumer Issues
Topic: Point and shoot camera
Replies: 130
Views: 7150

Re: Point and shoot camera

I think it has been said enough times. What you are looking for no longer exist. To take better pictures than your smartphone is capable of taking, you have to pay even more than the cost of your smartphone. That ship has sailed. Instead, make sure you have enough memory in the smartphone and carry...
by Atgard
Sun Oct 28, 2018 8:22 pm
Forum: Investing - Theory, News & General
Topic: Barron's Making the Case for Gold
Replies: 153
Views: 14234

Re: Barron's Making the Case for Gold

There are many arguments for and against gold I won't belabor. And I won't argue it's as easy to use as a credit card day-to-day... but it is trivially easy to exchange gold for local currency at good rates in most places in the world. Probably there are more areas that will accept gold than will ac...
by Atgard
Thu Oct 18, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Isn't Paying off the mortgage early putting less money in your house (not more)?
Replies: 96
Views: 10121

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

It is unknowable in advance whether paying off mortgage is better than investing the funds. To complicate things, the potential rate of investment return will, of course, depend on what those funds are invested into. Even those who locked in the record low fixed interest rate are unlikely to see ri...
by Atgard
Wed Oct 10, 2018 8:14 am
Forum: Personal Investments
Topic: Vanguard vs others
Replies: 27
Views: 2312

Re: Vanguard vs others

6. I like the fact that Vanguard's lower costs is a long standing philosophy not something to lure customers into the fold for possible other reasons or because they are really higher cost firms that are acting only out of the loss of customers or profit. This to me nails it. If you already have a ...
by Atgard
Mon Oct 08, 2018 9:01 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 484
Views: 88038

Re: 2-year CDs at Vanguard and Fidelity Today

Very helpful Scott & Kevin -- thank you! That was an extremely helpful explanation of par value & being sold in blocks of $1,000. (I wish it was explained somewhere in the purchasing interface; if it was, I didn't see it.) I agree with you guys that 2 years seems to be the sweet spot. And, being new...
by Atgard
Mon Oct 08, 2018 5:35 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 484
Views: 88038

Re: 2-year CDs at Vanguard and Fidelity Today

First, thank you Kevin and others who have contributed so much to my understanding in this (and other) threads. Sorry for the noob question, but when buying a new issue CD at Vanguard (I'm going for the 2-year 2.95% from WF -- good choice?), if you don't have enough in your settlement fund, will Van...
by Atgard
Mon Oct 08, 2018 11:24 am
Forum: Personal Finance (Not Investing)
Topic: What is your annual cost for health insurance?
Replies: 155
Views: 14329

Re: What is your annual cost for health insurance?

I thought I were one of the few unlucky that were being ripped off by Obama Care deal. Wow! There are so many unhappy people, yet the government is still running this scam. Yes, I say it is a scam. Here is why: I am 63, my wife 60 and my child is 20 (in college). Before Obama Care we used to pay ab...
by Atgard
Sat Oct 06, 2018 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: What is your annual cost for health insurance?
Replies: 155
Views: 14329

Re: What is your annual cost for health insurance?

Self-funded private insurance maintained since pre-ACA, nearly equivalent to what would be a silver-level plan, Total $6,300 family deductible. Healthy family of 56/44/18. Cost this year: $13,860 Cost next year: $15,096 Insurer (BCBS) can't guarantee this plan will be available after next year. We'...
by Atgard
Sat Oct 06, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: What is your annual cost for health insurance?
Replies: 155
Views: 14329

Re: What is your annual cost for health insurance?

I think it would be useful (for many reasons) to list both how much we pay out of pocket, and how much the employer pays for if you have one. This first makes the comparison apples-to-apples -- otherwise, people with employers who pick up more of the tab somehow think they have far less expensive he...
by Atgard
Thu Oct 04, 2018 9:56 am
Forum: Personal Finance (Not Investing)
Topic: HELOC to Pay off Mortgage
Replies: 36
Views: 4262

Re: HELOC to Pay off Mortgage

I have seen otherwise-smart people falling for high-pressure sales of these HELOCs that are supposed to magically let you pay off your mortgage earlier, or save interest because the mortgage interest is "amortized" (which most people just don't know what it means, they think they're somehow paying a...
by Atgard
Mon Oct 01, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Suze Orman - "I hate the FIRE movement."
Replies: 75
Views: 10499

Re: Suze Orman - "I hate the FIRE movement."

Well, her point that unemployment, investment returns, SS proceeds, or health insurance expenses could all be worse (perhaps dramatically worse) than expected is true. That also needs to be counterbalanced with the fact that nothing can be guaranteed 100% and we shouldn't plan for the 0.00001% proba...
by Atgard
Sat Sep 29, 2018 7:43 am
Forum: Personal Investments
Topic: Vanguard: Transition to our new investment platform
Replies: 65
Views: 30346

Re: Vanguard: Transition to our new investment platform

I converted a while back. It wasn't really a big deal to me. I haven't seen any downsides. The upside is my accounts are more consolidated, as I recall each account used to have 2 sub-accounts (one regular and one "brokerage") if you had a mix of mutual funds and stocks or ETFs or whatever. Now at l...
by Atgard
Tue Sep 25, 2018 9:00 am
Forum: Personal Consumer Issues
Topic: Ripped off by a locksmith
Replies: 75
Views: 6133

Re: Ripped off by a locksmith

I have learned the hard way, if a company gives a range of prices, expect the highest end of the range, always. Just visited an urgent care center, cost was supposed to be $89-$129. Was in and out, 12 minutes total. Of course bill was for $129, says "new customer" (I'm not) "extended visit" (it wasn...
by Atgard
Mon Sep 17, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 78
Views: 7737

Re: Is there such thing as saving TOO much?

I guess it's theoretically possible to save TOO much, like if you neglect your own health (or those of your kids, if you had any) or live a miserable existence (more miserable vs. having to work an extra couple of years to live in comfort, anyway). But, since you said "I get more joy right now out o...
by Atgard
Fri Sep 14, 2018 8:38 pm
Forum: Investing - Theory, News & General
Topic: NASA FCU- 15 month CD 3.25% [2018]
Replies: 39
Views: 6571

Re: NASA FCU- 15 month CD 3.25%

Yes, the funny thing is I already uploaded a scan of my driver's license as part of the application ("to make processing faster"), but now they're asking for a physical, notarized copy. Nah, I'll find somewhere else to earn an extra 75bp. Kinda wanted the science magazine for my 5yo though... Wow! ...
by Atgard
Wed Sep 12, 2018 8:17 am
Forum: Personal Investments
Topic: Going off-track of asset allocation due to high savings rate
Replies: 47
Views: 3278

Re: Going off-track of asset allocation due to high savings rate

But when your savings are higher, to stick to your AA, you might only put $X into the most underperforming asset (like international) to bring it up to the proper AA amount, but then you have more savings left over, which "should" then be spread among other assets too (including even the over-perfo...
by Atgard
Tue Sep 11, 2018 2:10 pm
Forum: Personal Investments
Topic: Going off-track of asset allocation due to high savings rate
Replies: 47
Views: 3278

Re: Going off-track of asset allocation due to high savings rate

I think I understand what you're saying... when you only have a relatively small amount of savings, you can plug it all into the most underperforming asset each year to balance things back out. But when your savings are higher, to stick to your AA, you might only put $X into the most underperforming...
by Atgard
Tue Sep 11, 2018 8:26 am
Forum: Investing - Theory, News & General
Topic: NASA FCU- 15 month CD 3.25% [2018]
Replies: 39
Views: 6571

Re: NASA FCU- 15 month CD 3.25%

Yes, the funny thing is I already uploaded a scan of my driver's license as part of the application ("to make processing faster"), but now they're asking for a physical, notarized copy. Nah, I'll find somewhere else to earn an extra 75bp.

Kinda wanted the science magazine for my 5yo though...
by Atgard
Mon Sep 10, 2018 9:45 pm
Forum: Investing - Theory, News & General
Topic: NASA FCU- 15 month CD 3.25% [2018]
Replies: 39
Views: 6571

Re: NASA FCU- 15 month CD 3.25%

I tried applying, and they're asking for notarized copies of my driver's license, social security card, and proof of residence. I have all those things, but has anyone else had them require notarized copies? What does that even mean? Type up something that says "these 3 things are authentic" and ge...