Search found 86 matches

by canbonbon
Wed Feb 27, 2019 3:24 pm
Forum: Personal Investments
Topic: Merrill Edge or Fidelity
Replies: 42
Views: 3543

Re: Merrill Edge or Fidelity

Everything has been moved to Fidelity. They transferred everything in kind with no issues from Fidelity receiving them. ML charged me a $95 transfer fee for each account, and Fidelity reimbursed me for those fees. Everything was in place at Fidelity as of Monday, and I received a call from the loca...
by canbonbon
Wed Feb 27, 2019 2:53 pm
Forum: Personal Investments
Topic: Merrill Edge or Fidelity
Replies: 42
Views: 3543

Re: Merrill Edge or Fidelity

It doesn't have any good money market funds, for example. There is a list of all the MM's available at Merrill. The two I like the best are TMCXX and PVOXX. 2.51% and 2.55% now if you can put in the minimums. One is Black Rock and the other Federated. Hope that helps you out. PVOXX rate of 2.54% is...
by canbonbon
Wed Feb 27, 2019 1:45 pm
Forum: Personal Investments
Topic: Merrill Edge or Fidelity
Replies: 42
Views: 3543

Re: Merrill Edge or Fidelity

It doesn't have any good money market funds, for example. There is a list of all the MM's available at Merrill. The two I like the best are TMCXX and PVOXX. 2.51% and 2.55% now if you can put in the minimums. One is Black Rock and the other Federated. Hope that helps you out. PVOXX rate of 2.54% is...
by canbonbon
Mon Feb 11, 2019 3:00 pm
Forum: Personal Consumer Issues
Topic: Diamonds are forever.
Replies: 94
Views: 11369

Re: Diamonds are forever.

Exactly, it doesn’t matter if it’s GIA certified or not. Don’t kid yourself. I think people here are confusing a couple of things. First, diamonds are not an *investment* so stop confusing the two. You should not buy thinking they will go up in value. Second, selling anything with high value is a b...
by canbonbon
Mon Feb 11, 2019 1:03 pm
Forum: Personal Consumer Issues
Topic: Diamonds are forever.
Replies: 94
Views: 11369

Re: Diamonds are forever.

GIA certified and laser inscribed diamonds that are G/H color or above, Vs1/Vs2 or above with excellent cut do *NOT* loose their value (Industry terms). Whoever said that diamonds loose 50% of their as soon as you buy them has clearly never bought one that is GIA certified and laser inscribed otherw...
by canbonbon
Fri May 26, 2017 4:28 pm
Forum: Investing - Theory, News & General
Topic: Any recommendation on Investment Account Aggregation service?
Replies: 9
Views: 1254

Re: Any recommendation on Investment Account Aggregation service?

I use Personal Capital and love it. So I created an account and added one brokerage. They have not called me yet. maybe they have changed their policy of calling people. In a good way I guess. One issue I am seeing is that it is not able to pick up the 401K funds correctly. It needs a ticker symbol...
by canbonbon
Tue May 23, 2017 5:58 pm
Forum: Investing - Theory, News & General
Topic: Any recommendation on Investment Account Aggregation service?
Replies: 9
Views: 1254

Re: Any recommendation on Investment Account Aggregation service?

Excel. "Excel" is what I have been using. Previously we used to be with a wealth management firm that used to give us our overall picture in statements or via their website, because all the money was with them, except 401Ks (but they had access to them via aggregation service). But for past 3 yrs, ...
by canbonbon
Tue May 23, 2017 5:32 pm
Forum: Investing - Theory, News & General
Topic: Any recommendation on Investment Account Aggregation service?
Replies: 9
Views: 1254

Any recommendation on Investment Account Aggregation service?

I was reading about Personal Capital. I don't need their investment advice or any recommendations but I like the aggregation they provide of different accounts and help show you, your overall investment picture. https://cashcowcouple.com/service-reviews/personal-capital-review/ and http://www.financ...
by canbonbon
Wed May 17, 2017 6:27 am
Forum: US Chapters
Topic: Master Thread for Metro Boston's Chapter
Replies: 404
Views: 121883

Re: Master Thread for Metro Boston's Chapter

Hello Siamond,

Just confirming if June 3rd date and time is confirmed at the Lincoln Library. If yes, then please add my name to the June 3rd gathering as well.

Regards,
by canbonbon
Thu May 04, 2017 6:41 am
Forum: Investing - Theory, News & General
Topic: Morgan Stanley drops Vanguard funds
Replies: 26
Views: 8976

Re: Morgan Stanley drops Vanguard funds

That is because they feel Vanguard funds are *under performing*. Nice try. Here is more info from that email: Morgan Stanley will not force clients to liquidate any holdings they currently have in Vanguard mutual funds. But starting on Monday, advisers cannot sell any new mutual funds from Vanguard,...
by canbonbon
Thu Apr 27, 2017 1:55 pm
Forum: Personal Investments
Topic: Sitting mostly in cash. Please help.
Replies: 31
Views: 6591

Re: Sitting mostly in cash. Please help.

Thank you all for your suggestions. I recalculated my assets using a calculator this time and they add up to 1.24m, not 1.06m :sharebeer My arithmetic is abysmal. Anyway, here's the plan. I need to convert 565k from cash to stocks and 206k from cash to bonds to meet my 60:40 target. Total of 772k. ...
by canbonbon
Mon Apr 17, 2017 3:33 pm
Forum: Personal Investments
Topic: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?
Replies: 86
Views: 10691

Re: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?

Its unclear to me why bother with so much confusion? What's stopping you from having a 4 ETF portfolio? If you go Index funds route vs ETF, please be mindful of the fact that you'd have to do capital gains taxes every year (besides the dividends). One additional thing to worry about which you can av...
by canbonbon
Sun Apr 16, 2017 6:01 am
Forum: Personal Investments
Topic: DODGX - sell or keep [Dodge & Cox Stock Fund]
Replies: 33
Views: 8391

Re: DODGX - sell or keep [Dodge & Cox Stock Fund]

Institutional funds are common options in large-company 401(k) plans. As long as the whole plan has $100M, everyone in the plan gets the benefit of the low expenses. OK yes that would make sense. Thanks for clarifying. I reached here due to a reverse search. Just out of curiosity, I was looking for...
by canbonbon
Sat Apr 15, 2017 2:11 pm
Forum: Personal Investments
Topic: DODGX - sell or keep [Dodge & Cox Stock Fund]
Replies: 33
Views: 8391

Re: DODGX - sell or keep [Dodge & Cox Stock Fund]

Billavoider wrote:I hope the Op has an existing foothold in VDIGX, as it is closed to new investors.
Why even bother with an actively managed fund and deal with Capital Gains every year? You could invest in VIG ETF instead if you can get it commission free.
by canbonbon
Sat Apr 15, 2017 11:19 am
Forum: Personal Investments
Topic: DODGX - sell or keep [Dodge & Cox Stock Fund]
Replies: 33
Views: 8391

Re: DODGX - sell or keep [Dodge & Cox Stock Fund]

davidsorensen32 wrote:VSMPX: Vanguard Total Stock Mkt Idx Instl Pls (VSMPX), ER = 0.02%
Was going through this old post. And if I am reading this right, VSMPX has min initial investment of $100,000,000 as in $100 Million???

Wow just wow!! People with that kind of money coming and posting on this board.
by canbonbon
Fri Apr 14, 2017 11:43 am
Forum: Personal Investments
Topic: Yet another Vanguard study on DCA vs Lump Sum
Replies: 55
Views: 7331

Yet another Vanguard study on DCA vs Lump Sum

Vanguard did another study of DCA vs Lump Sum (as if the earlier one was not enough: viewtopic.php?t=101965)

https://personal.vanguard.com/pdf/ISGDCA.pdf

Here is the link to the old 2012 Study if you are interested:
https://personal.vanguard.com/pdf/s315.pdf
by canbonbon
Wed Apr 12, 2017 2:37 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 45681

Re: Tesla Model 3 or Chevy Bolt?

Another thing about Range is that one magazine recently did an article on it why 250 miles is a good range. The pretty much attributed it to lack of charging infrastructure. However, the calculation they came up with was something like this: On an average families drive no more than 2-3 hours (one w...
by canbonbon
Wed Apr 12, 2017 2:20 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 45681

Re: Tesla Model 3 or Chevy Bolt?

Most people I know who drive a Tesla lease them. Even though the lease rates are actually pretty bad, but they still do for primarily two reasons: 1) They have some sort of business (or other arrangements) that allow them to get that lease payment as a deduction. I think this one is primary. Which i...
by canbonbon
Sun Apr 09, 2017 4:49 pm
Forum: Personal Consumer Issues
Topic: Buying expensive car, how to keep payments low?
Replies: 149
Views: 13283

Re: Buying expensive car, how to keep payments low?

I don't think one solution fits all. This may be slightly off the topic: Although leasing is a major no go on this board, one major argument *FOR* leasing cars lately has been new technology/changes in technology. Which in terms of ICE (Internal Combustion Engine) cars doesn't mean much because ther...
by canbonbon
Wed Apr 05, 2017 6:05 pm
Forum: Personal Consumer Issues
Topic: Buying expensive car, how to keep payments low?
Replies: 149
Views: 13283

Re: Buying expensive car, how to keep payments low?

GrayS26 wrote:I drive a Mercedes and IMO when I test drove it I liked it more than when I test drove an Audi. It was $50,000 so a bit cheaper than the Audi.
So just out of curiosity, *which* Mercedes was $50,000 less than *which* Audi? If you are comparing apples to apples, then this is not possible.
by canbonbon
Wed Apr 05, 2017 11:36 am
Forum: Investing - Theory, News & General
Topic: "the Truth About Your Future" - Ric Edelman's new book
Replies: 27
Views: 9320

Re: "the Truth About Your Future" - Ric Edelman's new book

Just started reading it. Over the last couple of years I have read many finance books and also most of his books. In the end, I realized that making everything simple is the best thing. So took a couple of years to remove the investment clutter. I now proudly own a 4 ETF portfolio (except employer m...
by canbonbon
Wed Apr 05, 2017 11:23 am
Forum: Personal Consumer Issues
Topic: Buying expensive car, how to keep payments low?
Replies: 149
Views: 13283

Re: Buying expensive car, how to keep payments low?

OP I think you should look into a Tesla Model X. You won't have to worry about monthly payment because you'll be saving so much on gas! :moneybag :dollar :moneybag Every time I feel like buying a Tesla X or S, I come to this board to get humbled. Then I go back to driving my 15 yr old Mercedes that...
by canbonbon
Tue Apr 04, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Yet another VUL question, Sorry
Replies: 0
Views: 304

Yet another VUL question, Sorry

Hello All, I did try my best to go through tons of VUL threads but could not figure out the correct solution to our issue. It would be great if someone could assist. In 2003, both my wife and I were misguided into investing in our respective VULs. Our balances are approximately the same at this time...
by canbonbon
Thu Mar 23, 2017 2:31 pm
Forum: Personal Consumer Issues
Topic: Should I sell my 2016 MDX and just lease? Minimal mileage needs
Replies: 11
Views: 1619

Re: Should I sell my 2016 MDX and just lease? Minimal mileage needs

Would it be wise to take the MDX to carmax, pocket 33k Have they made you an offer for that amount yet? Normally their offers either brings tears to your eyes or you feel ashamed that you even went there. I have tried to sell my cars (ML 500 and BMW 5 Series) to dealers and they put all online site...
by canbonbon
Thu Mar 23, 2017 12:05 pm
Forum: Investing - Theory, News & General
Topic: CDs vs Tax Exempt ETF for emergency money
Replies: 21
Views: 4465

Re: CDs vs Tax Exempt ETF for emergency money

I understand what you are saying. What you are seeing is just an artifact of how your broker is displaying account changes. It is tracking new shares as new money invested in the account, not as reinvestment. It is essentially showing you investor return rather than portfolio return. Schwab does th...
by canbonbon
Thu Mar 23, 2017 11:26 am
Forum: Investing - Theory, News & General
Topic: CDs vs Tax Exempt ETF for emergency money
Replies: 21
Views: 4465

Re: CDs vs Tax Exempt ETF for emergency money

Sorry, I was not clear. I also had dividend reinvested. So now I have about 25 more shares than I had originally invested. The price dropped in Nov (after the fed rate announcement) and hasn't recovered well yet. So the 2.2% loss that the brokerage is showing, includes all the dividend received. Whe...
by canbonbon
Thu Mar 23, 2017 10:52 am
Forum: Investing - Theory, News & General
Topic: CDs vs Tax Exempt ETF for emergency money
Replies: 21
Views: 4465

Re: CDs vs Tax Exempt ETF for emergency money

Just posting after a year of (increasing interest rates) investment in VTEB. It has taken a beating, especially in Sep/Oct last year when the NAV nosedived. Overall, over the year, I have actually lost money in this fund instead of making anything. I am OK with it and that is not why I am posting. T...
by canbonbon
Wed Apr 27, 2016 3:30 pm
Forum: Personal Investments
Topic: 3.5M taxable bonds
Replies: 39
Views: 5058

Re: 3.5M taxable bonds

retiredjg wrote:There is no "dinner fund", but you can donate to help offset the running of this forum. See "support this site" in the blue bar, upper right. :D
Sure will do tonight.
by canbonbon
Wed Apr 27, 2016 3:26 pm
Forum: Personal Investments
Topic: 3.5M taxable bonds
Replies: 39
Views: 5058

Re: 3.5M taxable bonds

DELETED
by canbonbon
Wed Apr 27, 2016 3:11 pm
Forum: Personal Investments
Topic: 3.5M taxable bonds
Replies: 39
Views: 5058

Re: 3.5M taxable bonds

furnace wrote:So when are you taking this board out for dinner? 8-)
Don't know how that would be possible but I am more than willing to donate if there is such a fund. :sharebeer
by canbonbon
Wed Apr 27, 2016 1:52 pm
Forum: Personal Investments
Topic: 3.5M taxable bonds
Replies: 39
Views: 5058

Re: 3.5M taxable bonds

I can tell you my short story (it may or may not help). My portfolio is not far off from yours size wise and I am 43 yrs old (not too far from your age) one 10 yrs old child and wife is 39. Some of these folks who are giving you some very good advice did the same for me. I read the board for almost ...
by canbonbon
Wed Apr 20, 2016 4:04 pm
Forum: Personal Investments
Topic: Rebalancing: Tax consequences
Replies: 36
Views: 3768

Re: Rebalancing: Tax consequences

I am surprised that in the 401(k)s you did not use the Fidelity Spartan Advantage index funds with tickers FSITX and FSTVX instead of BND and VTI. In any event, you can rebalance by doing a transaction in "her 401(k)", exchange VTI to BND. Or it might be better to put the entire 401(k) into FSITX e...
by canbonbon
Wed Apr 20, 2016 3:41 pm
Forum: Personal Investments
Topic: Rebalancing: Tax consequences
Replies: 36
Views: 3768

Re: Rebalancing: Tax consequences

Perfect. Right now it stands at about 73% stock and 27% bonds. If your target is 70/30, there is no need to do any rebalancing. You are close enough. A slight disagreement here. If that 3% imbalance is say, more than five figures (more than $10k), I'd move money in tax-advantaged funds. L. I was ac...
by canbonbon
Wed Apr 20, 2016 12:55 pm
Forum: Personal Investments
Topic: Rebalancing: Tax consequences
Replies: 36
Views: 3768

Re: Rebalancing: Tax consequences

Sorry took me sometime but here is the actual breakup. I have done some approximations as it is not easy for me to give exact percentages so I just rounded them up. Joint Taxable 28% Total Stock (VTI) 23% Total International (VXUS) 1% Tax-Exempt bond (VTEB for emergency funds) His 401k 16% Total Bon...
by canbonbon
Wed Apr 20, 2016 10:45 am
Forum: Personal Investments
Topic: Rebalancing: Tax consequences
Replies: 36
Views: 3768

Re: Rebalancing: Tax consequences

That makes more sense. Did the example help you figure out how to rebalance without tax consequences? If not, perhaps you can show us how your portfolio is set up. Yes thank you. I got what you are asking. It will take me some time but I will try to get it done soon and repost. Our 401Ks are manage...
by canbonbon
Wed Apr 20, 2016 9:25 am
Forum: Personal Investments
Topic: Rebalancing: Tax consequences
Replies: 36
Views: 3768

Re: Rebalancing: Tax consequences

Sorry it is BND and not VB. My apologies for the typo.
by canbonbon
Tue Apr 19, 2016 7:47 pm
Forum: Personal Investments
Topic: Rebalancing: Tax consequences
Replies: 36
Views: 3768

Re: Rebalancing: Tax consequences

Again, if you post the structure of your portfolio, we could probably show you how to fix this problem. Rebalancing rarely (although it does happen) requires you to sell something that triggers tax. Thanks retiredjg. I thought I did post it but here it is again. Spread between 5 accounts (1 taxable...
by canbonbon
Tue Apr 19, 2016 5:19 pm
Forum: Personal Investments
Topic: Rebalancing: Tax consequences
Replies: 36
Views: 3768

Re: Rebalancing: Tax consequences

You mention "tax-sheltered accounts". If your portfolio is set up right, you may be able to do all your rebalancing in those tax-sheltered accounts without any tax consequences. Whether that is possible in your situation is unknown. If you show us a bare outline of what your portfolio looks like, p...
by canbonbon
Tue Apr 19, 2016 5:16 pm
Forum: Personal Investments
Topic: Rebalancing: Tax consequences
Replies: 36
Views: 3768

Re: Rebalancing: Tax consequences

OK thanks all. I am getting a drift here that folks actually *never* rebalance by selling. 1) They try to level things off by buying more of the depressed class as opposed to selling the appreciated asset class (and hence generate a tax event). 2) In addition, do not reinvest dividends. They should ...
by canbonbon
Tue Apr 19, 2016 5:06 pm
Forum: Personal Investments
Topic: Rebalancing: Tax consequences
Replies: 36
Views: 3768

Re: Rebalancing: Tax consequences

A few percentage points? I would stop market watching and , Let it run the course for quite a while. :happy Thank you for some good suggestions. Yes, unfortunately, my previous advisor used to rebalance everytime an asset class went over 2%age points. :oops: I obviously now know why. But I was goin...
by canbonbon
Tue Apr 19, 2016 3:28 pm
Forum: Personal Investments
Topic: Rebalancing: Tax consequences
Replies: 36
Views: 3768

Rebalancing: Tax consequences

So with the help of this board, I was able to convert to 4 ETF portfolio (VTI, VXUS, VB(in tax sheltered) and VTEB (emergency money) ) from many Mutal funds that we had collected over the years. Took me a while to do (2 yrs) and I got killed by taxes on the gains. I knew about those so it was not a ...
by canbonbon
Sat Apr 02, 2016 6:35 am
Forum: Investing - Theory, News & General
Topic: CDs vs Tax Exempt ETF for emergency money
Replies: 21
Views: 4465

Re: CDs vs Tax Exempt ETF for emergency money

Thank you. Both excellent points. Looks like their minimum for Admiral shares is $50K and also there is no ETF for it (probably because it is *not* an index fund). Will look into it. Thanks again.
by canbonbon
Wed Mar 30, 2016 8:23 pm
Forum: Investing - Theory, News & General
Topic: CDs vs Tax Exempt ETF for emergency money
Replies: 21
Views: 4465

Re: CDs vs Tax Exempt ETF for emergency money

Thank you all for great suggestions. Here is what I think I have gathered: 1) One thing that I did not think of (but subsequently read on the website) is that your first line of defense in an emergency is actually your credit cards. All of them give you 30 days to pay the bill. That would (should) b...
by canbonbon
Mon Mar 28, 2016 7:59 pm
Forum: Investing - Theory, News & General
Topic: CDs vs Tax Exempt ETF for emergency money
Replies: 21
Views: 4465

Re: CDs vs Tax Exempt ETF for emergency money

In a recent post, OP wondered where to put $50K. Rate chasing to get 1% on $50K is only worth $500/year. It's not worth $500/yr to me to put up with the hassle to chase rates. Yes that is correct. I had my emergency funds in the brokerage account and they were not invested. Originally, I had *no* e...
by canbonbon
Mon Mar 28, 2016 2:14 pm
Forum: Investing - Theory, News & General
Topic: CDs vs Tax Exempt ETF for emergency money
Replies: 21
Views: 4465

CDs vs Tax Exempt ETF for emergency money

I currently have all my emergency money in an Tax Exempt ETF (VTEB). However the more I read this board, I see that most folks actually prefer Laddered CDs as an alternative to place their emergency money. So it essentially boils down to paying taxes on the deferred interest (you only get it when th...
by canbonbon
Mon Mar 28, 2016 2:00 pm
Forum: Personal Investments
Topic: Need Investing Help - $200k
Replies: 10
Views: 1904

Re: Need Investing Help - $200k

You should read some of the wiki posts and also read about the 3 fund portfolio on this board. https://www.bogleheads.org/wiki/Main_Page I don't think paying off mortgage with almost quarter of your savings is a good idea. Because it gets converted to home equity and is kinda useless if you actually...
by canbonbon
Thu Mar 24, 2016 5:32 pm
Forum: Investing - Theory, News & General
Topic: You cannot make money old fashioned way in this market
Replies: 25
Views: 6502

You cannot make money old fashioned way in this market

El Erian says the only way to make money is through volatility trades or tactical positioning. You cannot make money the old fashioned way with "long term strategic positioning" :(

You can see more here:
http://finance.yahoo.com/news/el-erian- ... 02556.html
by canbonbon
Thu Mar 24, 2016 1:36 pm
Forum: Investing - Theory, News & General
Topic: How do you organize your finances? Do you use Mint.com?
Replies: 86
Views: 15188

Re: How do you organize your finances? Do you use Mint.com?

Can anyone update us on Mint's 2 factor authentication status? I left mint last year because they did not have this and I can't seem to get a clear answer from their website. However, this site (https://twofactorauth.org/) tracks which companies have 2FA and now says they carry it. What's been ever...
by canbonbon
Fri Mar 11, 2016 2:58 pm
Forum: Personal Consumer Issues
Topic: Instant pot pressure cooker
Replies: 50
Views: 7588

Re: Instant pot pressure cooker

Any other brands which are good or better? Thanks Cusinart has one that is regularly on sale for $49 at Costco. Kitchen Aid, Fagor and All Clad have one too. Plus there are dozens of other Asian brands on Amazon. You might want to stick with the ones that have stainless steel pot, that would be my ...
by canbonbon
Fri Mar 11, 2016 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: JP Morgan's Guide to retirement 2016
Replies: 21
Views: 4717

JP Morgan's Guide to retirement 2016

You can read more here: https://am.jpmorgan.com/us/en/asset-management/gim/per/insights/guide-to-retirement Just as an example, if you look midway, a 50 yr old making 300K as household income, must have 2.1 million *today* for a comfortable retirement or a 45 yr old must have 1.65 million. Wow. No i...