Search found 52 matches

by ericinvest
Sun Aug 04, 2019 8:49 pm
Forum: Personal Investments
Topic: Question about Schwab changes
Replies: 19
Views: 2167

Re: Question about Schwab changes

Thanks for the suggestions! I might have been too polite at the beginning, same as I dealt with Schwab folks before. I didn't explicitly point out his misleading claims, which made him feel he could land a sale if he pushed hard. I'll tell him to stop, and if not I'd switch to another branch or firm...
by ericinvest
Sun Aug 04, 2019 7:13 pm
Forum: Personal Consumer Issues
Topic: Looking for new laptop
Replies: 26
Views: 2822

Re: Looking for new laptop

I really like the Huawei Matebook 13 or Huawei Matebook X, if it's not the trade war that created uncertainty.
by ericinvest
Sun Aug 04, 2019 6:48 pm
Forum: Personal Investments
Topic: Question about Schwab changes
Replies: 19
Views: 2167

Re: Question about Schwab changes

Thanks, @notaobad, @123 and @fabdog, and for the valuable advices how to deal with it. It might be a special case, and hope it's not a systematic changes now those USAA guys are in house. In the past if I told them thanks and I would manage myself, they would stop. This time he really tried to spin ...
by ericinvest
Sun Aug 04, 2019 4:47 pm
Forum: Personal Investments
Topic: Question about Schwab changes
Replies: 19
Views: 2167

Re: Question about Schwab changes

I have been happy with them until lately. Now that Schwab has those USAA so called advisors that I'm not experienced with, I just hope things don't change for the bad. I don't know others, but this one from USAA is very aggressive, and after I politely declined switching to managed accounts he pulle...
by ericinvest
Sun Aug 04, 2019 4:35 pm
Forum: Personal Investments
Topic: Question about Schwab changes
Replies: 19
Views: 2167

Question about Schwab changes

I have been with Schwab for years, and they mostly left me alone self managing. Recently I was assigned a new so called consultant, and he has been aggressively contacting me, trying to sell managed accounts and/or new fixed income products. What's more, I don't know if it's intentional or he doesn'...
by ericinvest
Sat Feb 24, 2018 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: What to do — forgot to file gift tax for 529 plan contribution
Replies: 7
Views: 1170

Re: What to do — forgot to file gift tax for 529 plan contribution

@codedude, great to hear your firsthand experience, and it really helps! Thanks.
by ericinvest
Sat Feb 24, 2018 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: What to do — forgot to file gift tax for 529 plan contribution
Replies: 7
Views: 1170

Re: What to do — forgot to file gift tax for 529 plan contribution

@WolfgangPauli, @mhalley, thanks for the info. I checked form 709 that’s filed by my previous tax advisor and it did have an attachment saying it’s $70k across five years. So maybe I’m fine on this per the article linked by @mhalley. I’ll double check with him. Thanks!
by ericinvest
Sat Feb 24, 2018 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: What to do — forgot to file gift tax for 529 plan contribution
Replies: 7
Views: 1170

What to do — forgot to file gift tax for 529 plan contribution

I contributed $70k to a 529 plan account in 2015, and filed gift tax form 709 that year, for $14k contribution. Just realized I need file form 709 for five years, $14k for each, but I forgot to file for year 2016. How should I fix this, amend 2016 return, or just attach one additional 709 form for 2...
by ericinvest
Thu Jan 18, 2018 1:03 am
Forum: Personal Finance (Not Investing)
Topic: HSA bank selection
Replies: 10
Views: 1155

Re: HSA bank selection

Thanks KATNYC! I saw Lively uses TD Ameritrade for investment, does it mean I need create a TD Ameritrade account, and Lively works as user interface with HSA features?

How do I use Lively to pay medical bills? Does it provide debit card and checks?

Thanks!
by ericinvest
Wed Jan 17, 2018 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: HSA bank selection
Replies: 10
Views: 1155

HSA bank selection

I'm planning to open an HSA account for 2018. Questions, 1. Do you have recommendation for custodian bank? I heard of Optum, BOA and HSA Bank, but am not sure which is better in terms of low admin fee, being easy to use (provide check & debit card etc), and having good investment options. 2. Can I u...
by ericinvest
Tue May 02, 2017 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Crazy - but can a CFP get paid on their own assets?
Replies: 15
Views: 2361

Re: Crazy - but can a CFP get paid on their own assets?

It might not be crazy considering other possibilities. e.g, if GOP repeals Obamacare, using such a firm to get group health insurance. Just an idea.
by ericinvest
Wed Apr 27, 2016 11:52 pm
Forum: Personal Finance (Not Investing)
Topic: One question about medical insurance in-network service
Replies: 10
Views: 1034

Re: One question about medical insurance in-network service

Thanks for the information. It's kind of confusing, and seems insurance just puts the burden on either provider or customer. I called my insurance company today, and just as you said, they said they had nothing to do with this and it's up to the provider to charge me whatever they want, though it's ...
by ericinvest
Wed Apr 27, 2016 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: One question about medical insurance in-network service
Replies: 10
Views: 1034

Re: One question about medical insurance in-network service

Thanks for the replies! I'll talk to the provider and insurance company to find a solution. For this particular one, it's not a big deal. The charge is less than one hundred and I can pay up. But I got confused how the common practice works for such case between insurance companies and in-network pr...
by ericinvest
Tue Apr 26, 2016 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: One question about medical insurance in-network service
Replies: 10
Views: 1034

One question about medical insurance in-network service

I did some blood test for a diagnosis using an in-network provider, and just received EOB statement from insurance company. One test was not covered because it's 'not medically necessary', and the full charge from provider was included for my out of pocket due. Even if it's not covered, shouldn't I ...
by ericinvest
Tue Mar 29, 2016 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: What is your current Cash to Investment ratio?
Replies: 112
Views: 14171

Re: What is your current Cash to Investment ratio?

25%. Use cash as bond now and will buy more CDs and bonds.
by ericinvest
Tue Mar 29, 2016 2:30 pm
Forum: Personal Consumer Issues
Topic: Updates on the status of Linux
Replies: 129
Views: 15935

Re: Updates on the status of Linux

After I purchased a laptop with Windows 10 and installed Ubuntu as dual-boot, I used mostly Linux over not only Windows 10, but also my Macbook. I don't hate Unity, and like its capability to be tweaked to details. Unity-tweak-tool is a handy swiss knife to tweak appearance, Ubuntu software center a...
by ericinvest
Sat Mar 26, 2016 5:22 pm
Forum: Personal Investments
Topic: One question about brokered CD
Replies: 7
Views: 679

Re: One question about brokered CD

Thanks everyone for the information! Also found this article from SEC, https://www.sec.gov/investor/pubs/certific.htm. It is indeed not as simple as it sounds and caution needs be taken not to exceed the insurance amount.
by ericinvest
Sat Mar 26, 2016 4:50 pm
Forum: Personal Investments
Topic: One question about brokered CD
Replies: 7
Views: 679

Re: One question about brokered CD

I know little about features of brokered CD, and don't know whether the bank works as an underwriter for third party similar as bond, or fully backs the CD it has issued. In case one purchases more than $250k will there be credit risk other than the bank itself?
by ericinvest
Sat Mar 26, 2016 4:37 pm
Forum: Personal Investments
Topic: One question about brokered CD
Replies: 7
Views: 679

One question about brokered CD

Haven't purchased brokered CD before, one question for help about how to identify the issuer and evaluate the quality. e.g, Goldman Sachs Bk USA NY CD 1.25%18, Survivor Option, Semi Cpn, FDIC#33124 Does this mean it's issued and backed up by Goldman Saches, and if Goldman doesn't go under it should ...
by ericinvest
Sat Mar 19, 2016 5:46 pm
Forum: Personal Investments
Topic: CD or bond fund
Replies: 5
Views: 787

Re: CD or bond fund

Thanks Toons for the pointer and Kevin for the detailed analysis on CD .vs. taxable bond and CD .vs. muni. I have tons of AMT credit carryover which caps my tax rate at 28% (that's my understanding of AMT credit that it makes my tax rate not higher than 28%, correct me if I'm wrong). I currently use...
by ericinvest
Sat Mar 19, 2016 4:38 pm
Forum: Personal Investments
Topic: CD or bond fund
Replies: 5
Views: 787

CD or bond fund

I have a pile of cash that I don't plan to use in the next 20 years and need to invest in fixed income (per asset allocation). I'm debating about bank CD, brokered CD and bond fund now. I'd like to make it simple and dump into bond fund such as VWIUX. But considering the low rate now and future fed ...
by ericinvest
Thu Mar 17, 2016 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken For Mac
Replies: 21
Views: 2467

Re: Quicken For Mac

You may give moneydance a try. I use it on Windows, Mac and Linux at home and share data file through Dropbox. They all work fine though I haven't tried its automatic account update feature.
by ericinvest
Thu Jan 28, 2016 12:00 pm
Forum: Personal Investments
Topic: Good pairs for Schwab TLH
Replies: 3
Views: 623

Re: Good pairs for Schwab TLH

Thanks in_reality. Yah SCHX seems better and I didn't even know this ETF before :)
by ericinvest
Thu Jan 28, 2016 11:11 am
Forum: Personal Investments
Topic: Good pairs for Schwab TLH
Replies: 3
Views: 623

Good pairs for Schwab TLH

I have a Schwab account investing in US stock (SCHB), international stock (SCHF + SCHE), US bond (SCHZ) and muni (MUB). Trying to decide on the TLH pairs for them, any best suggestions? I already used VTSAX/VLCAX, VTIAX/VFWAX, VBTLX/VBILX and VWIUX/VTEAX pairs in Vanguard account. SCHB -> VOO SCHF +...
by ericinvest
Fri Jan 22, 2016 12:00 am
Forum: Personal Finance (Not Investing)
Topic: Car insurance trying to deny injury claim?
Replies: 18
Views: 1898

Re: Car insurance trying to deny injury claim?

Couple of years ago, an old lady lost control of her car and hit mine from side. My neck was injured and had to took days off work. I did MRI and physical therapy to recover, and for the claim I submitted medical bills and they were fully reimbursed by the adjuster. In retrospect I should have claim...
by ericinvest
Mon Jan 04, 2016 9:34 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2821
Views: 513548

Re: What are you up YTD? [Year To Date]

2015
Vanguard balanced index-fund portfolio: +0.40%
Schwab self-managed stock-heavy portfolio: +19.3%
by ericinvest
Mon Jan 04, 2016 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Amazon.com Store Card
Replies: 68
Views: 20679

Re: Amazon.com Store Card

I used it for couple of months already. It applies rewards directly as statement credit, and it's straightforward to use. Highly recommend.
by ericinvest
Thu Dec 10, 2015 3:12 pm
Forum: Investing - Theory, News & General
Topic: Help with XPath for ImportXML Google Sheets.
Replies: 31
Views: 6385

Re: Help with XPath for ImportXML Google Sheets.

You are welcome. Glad it helped.
by ericinvest
Wed Dec 09, 2015 10:37 pm
Forum: Investing - Theory, News & General
Topic: Help with XPath for ImportXML Google Sheets.
Replies: 31
Views: 6385

Re: Help with XPath for ImportXML Google Sheets.

I experienced the same issue to track vanguard 529 funds. After testing a little more the following macro should do it,
importXML("https://personal.vanguard.com/us/funds/ ... IntExt=INT","//*[@id='colMcontent']/table[1]/tr/td[1]/div/table[1]/tbody[@class='right']/tr[1]/td[2]")
by ericinvest
Wed Dec 09, 2015 10:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 529 plan growth portfolio price tracking
Replies: 10
Views: 1934

Re: Vanguard 529 plan growth portfolio price tracking

Thanks for the replies. I dug a little more and figured out a way to parse the price from its web page. You can use the following google spreadsheet macro to get it, importXML("https://personal.vanguard.com/us/funds/snapshot?FundId=4510&FundIntExt=INT","//*[@id='colMcontent']/table[1]/tr/td[1]/div/t...
by ericinvest
Tue Dec 08, 2015 9:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 529 plan growth portfolio price tracking
Replies: 10
Views: 1934

Vanguard 529 plan growth portfolio price tracking

There seems no symbol for Vanguard 529 plan growth portfolio, https://personal.vanguard.com/us/funds/ ... IntExt=INT. Does anyone know how to grab its price automatically in Google Spreadsheet?
by ericinvest
Mon Nov 09, 2015 12:05 pm
Forum: Investing - Theory, News & General
Topic: framework for risk averse investors
Replies: 20
Views: 2411

Re: framework for risk averse investors

Thanks for the replies! I've forwarded to him for further thinking. More relevant info, he is contemplating retirement and his finance should be able to support him long term with a modest allocation. But just because he is risk averse he worries about running out of money before he dies. That means...
by ericinvest
Sun Nov 08, 2015 9:58 pm
Forum: Investing - Theory, News & General
Topic: framework for risk averse investors
Replies: 20
Views: 2411

framework for risk averse investors

One friend is super risk averse and definitely doesn't like to see investment balance goes below a certain number. This gets me thinking, is there a framework suitable for such investors? For example, if one has $N invested, and he wants its balance not below $M any time. I tend to advise him to all...
by ericinvest
Sun Aug 02, 2015 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Is Being a Private Banking Client Worth it?
Replies: 97
Views: 46577

Re: Is Being a Private Banking Client Worth it?

You generally need at least $5M to get into second tier private banking and $10M plus for first tier. You do get very favorable loan interest rate and credit/charge card, but you can negotiate with traditional brokerage on those too.
by ericinvest
Fri Jul 31, 2015 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA Vs ACA after job loss and move
Replies: 38
Views: 3305

Re: COBRA Vs ACA after job loss and move

If you choose CORBA, you can't drop it to enroll ACA before it expires. Only expiration is qualified event. ACA plan is generally cheaper than CORBA, and the network really depends on individual plans. E.g, many blue cross PPO plans sold under ACA use national bluecard network and cover other states...
by ericinvest
Thu Jul 16, 2015 8:49 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2821
Views: 513548

Re: What are you up YTD? [Year To Date]

As of this morning when I checked, it's 11.15%. No contribution so far this year (contribution went to a cash account since my pe10 signal let me rebalance 10% of stock into bond/cash). 74% stock & 26% bond/CD/cash. Stock includes total market index, small value, international index, REIT index, ind...
by ericinvest
Tue Apr 14, 2015 10:09 pm
Forum: Personal Investments
Topic: What retirement saving to do with only investment income
Replies: 4
Views: 1001

Re: What retirement saving to do with only investment income

Thanks furwut and mhalley. Seems retirement accounts are not an option. One may have to find or create an relatively low-effort job to utilize these tax deferred channels. A radical idea can she create a fund or trust using own money, then hire herself to manage it and get paid as a job?
by ericinvest
Tue Apr 14, 2015 11:01 am
Forum: Personal Investments
Topic: What retirement saving to do with only investment income
Replies: 4
Views: 1001

What retirement saving to do with only investment income

Just curious, if one has only investment income during a year, what retirement accounts can she utilize? Seems both IRA and 401k only accept earned income from work?
by ericinvest
Sun Dec 07, 2014 7:09 pm
Forum: Investing - Theory, News & General
Topic: Investing Magazines
Replies: 36
Views: 5016

Re: Investing Magazines

I still read investment related magazines and newspapers, for different contents, 1. Money, Kiplinger, (there's used to be Smart Money but it's discontinued): tips about credit, insurance, saving, personal finance etc. 2. WSJ, Barron: finance and world related news. 3. Forbes, Fortune: company and p...
by ericinvest
Wed Nov 05, 2014 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Sigfig and Schwab two-way authentication
Replies: 5
Views: 1514

Re: Sigfig and Schwab two-way authentication

Pretty sure about this, since during the whole sigfig setup process no token was asked and accurate account info was updated. I tested several times on both mobile and web access and it's the same. I couldn't log into Schwab without the token, but sigfig pulled account data seamlessly without it. Di...
by ericinvest
Mon Nov 03, 2014 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: Sigfig and Schwab two-way authentication
Replies: 5
Views: 1514

Sigfig and Schwab two-way authentication

I tried to use sigfig and it's pretty neat. One thing I'm a little concerned of is security. I use two-way authentication on schwab accounts, but sigfig can still log into schwab using only username&password, without the generated token number. Has someone also experienced this, and is this some agr...
by ericinvest
Mon Sep 01, 2014 8:10 pm
Forum: Personal Investments
Topic: How does this portfolio look like?
Replies: 6
Views: 901

Re: How does this portfolio look like?

Can't you purchase bonds with lower tax liability versus what you have listed? Also, to make this portfolio happen in and of itself is a lot of realized capital gains... Go slow and methodical. My suggestion of 3-fund works in taxable and tax-deferred. Can you move most or all of your tax-deferred ...
by ericinvest
Mon Sep 01, 2014 6:18 pm
Forum: Personal Investments
Topic: How does this portfolio look like?
Replies: 6
Views: 901

Re: How does this portfolio look like?

Thanks for the replies. I try to see if there's obvious stuff that I neglected, or there are better alternative funds. @grt2boutdoors, my tax deferred spaces are used up. As said, I try to transfer away from advisor, so his current allocation is not very meaningful to my future one. You can consider...
by ericinvest
Mon Sep 01, 2014 1:57 pm
Forum: Personal Investments
Topic: How does this portfolio look like?
Replies: 6
Views: 901

How does this portfolio look like?

Current investment has been managed by an advisor, and I'm starting to move a portion of taxable into Vanguard to implement a self-managed portfolio. Suppose all other aspects are taken care of, such as emergency fund, retirement contribution and taxable/tax-deferred spaces, how does the following l...
by ericinvest
Sun Aug 17, 2014 12:39 am
Forum: Personal Investments
Topic: Windfall and fiduciary recommendations
Replies: 18
Views: 2072

Re: Windfall and fiduciary recommendations

for your specific question, check out vwsux/vcadx and dfibx/dfcmx.
by ericinvest
Sun Aug 17, 2014 12:27 am
Forum: Personal Investments
Topic: Windfall and fiduciary recommendations
Replies: 18
Views: 2072

Re: Windfall and fiduciary recommendations

From the info it seems you are in northCal and got poked by GS SF office? If so, couple of suggestions, 1) GS wealth mgmt team is a relatively small one, compared to MS and ML, and they tended to be a little more aggressive in investment, e.g, using a lot of derivatives. Good and bad based on your p...
by ericinvest
Sat Aug 16, 2014 3:21 pm
Forum: Investing - Theory, News & General
Topic: Do Super wealthy have access to different investing vehicles
Replies: 76
Views: 9246

Re: Do Super wealthy have access to different investing vehi

3) in terms of more return/less cost based on leverage. Yes. e.g, normal people pays 4% for 30-year mortgage, while if you have enough money you can pay less than 0.5%. I'm all ears for a source for this. (That means that I believe it to be false. :) ) While we're talking about the secret advantage...
by ericinvest
Fri Aug 15, 2014 9:51 pm
Forum: Investing - Theory, News & General
Topic: Do Super wealthy have access to different investing vehicles
Replies: 76
Views: 9246

Re: Do Super wealthy have access to different investing vehi

My opinion based on my limited knowledge. Alternative investments for wealthy, 1) in terms of superior return with less risk. No. They do have access to more investment opportunities, hedge fund, venture fund, private channel, but those don't guarantee definite long term better return. 2) in terms o...
by ericinvest
Fri Aug 08, 2014 12:43 am
Forum: Personal Finance (Not Investing)
Topic: Affording a 1.3 million home?
Replies: 122
Views: 31151

Re: Affording a 1.3 million home?

If you keep current house with the 400k mortgage, it's too stretched.

But if you sell it, you can easily afford a house like that. And I'd actually suggest you do it rather than rent. You only live your life once, especially when kids are young.

From my own experience in bay area.
by ericinvest
Tue Jul 01, 2014 8:01 pm
Forum: Personal Investments
Topic: IPO - ISO plans
Replies: 1
Views: 365

Re: IPO - ISO plans

I saw peoples with all different plans in your situation, 1) sell 1/3, collar 1/3, and hold 1/3 2) exercise all, and hold to wait for long-term capital gain 3) exercise and sell everything shortly after lockup expiration And no one claimed they did it perfectly, given the market moves. Whether they ...