Search found 2935 matches

by jjface
Fri May 29, 2020 9:43 pm
Forum: Personal Investments
Topic: Should we get back into Wellsley and Wellington?
Replies: 14
Views: 1553

Re: Should we get back into Wellsley and Wellington?

It is a big problem to invest by emotions. Which is exactly what you are doing. Markets crash so you are scared and sell. Markets rise so you feel good and buy. You are buying and selling at the exact wrong times. Whatever you are fearing you are losing a lot more money with your actions than the ma...
by jjface
Fri May 29, 2020 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: credit union won't accept paycheck for deposit
Replies: 12
Views: 808

Re: credit union won't accept paycheck for deposit

I thought funds in a custodian account belong to the kid. So not sure what the problem is?

Might want to set up a roth IRA for them anyway.
by jjface
Fri May 29, 2020 12:19 am
Forum: Personal Investments
Topic: What to do when bank CD rate is much lower than promised?
Replies: 19
Views: 1749

Re: What to do when bank CD rate is much lower than promised?

I'd probably pester them trying to plead my case if I was you. Though it may be futile.

One of the cd gurus on here might have a better answer for you.
by jjface
Thu May 28, 2020 11:57 pm
Forum: Personal Investments
Topic: What to do when bank CD rate is much lower than promised?
Replies: 19
Views: 1749

Re: What to do when bank CD rate is much lower than promised?

Contact ally. Not their fault though. Vanguard screw up. They may let you withdraw at least.without penalty?

I think ally only give a 10 day rate guarantee. 6 weeks is a long time. I would suggest next time you contact whomever if funds aren't transferred in a week. Got to keep on top of it.
by jjface
Wed May 27, 2020 2:44 pm
Forum: Personal Investments
Topic: Betterment liquidated my investments without my authorization
Replies: 75
Views: 5233

Re: Betterment liquidated my investments without my authorization

Sounds like a good reason to avoid them. They should at least contact you if they want to liquidate. Probably did it to save the work. Easy to sell and cut a check. Even easier if they are not responsible for the timing of the sale but can proceed at their leisure anyway. The next line in the terms ...
by jjface
Tue May 26, 2020 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Eight 2019 taxes questions - could use some guidance
Replies: 7
Views: 676

Re: Eight 2019 taxes questions - could use some guidance

You might want to get some professional help.
by jjface
Tue May 26, 2020 1:37 am
Forum: Personal Consumer Issues
Topic: which iPhone?
Replies: 32
Views: 1951

Re: which iPhone?

Everyone thinks the SE is so great. It has a tiny screen, old design, bad battery life and missing some camera features of its brethren. I'd get a X or XS over it or an 11 if you can afford one. Unless you really want a small body and really like the same old :P
by jjface
Tue May 26, 2020 1:10 am
Forum: Non-US Investing
Topic: ESG Investing Possible Downside?
Replies: 7
Views: 515

Re: ESG Investing Possible Downside?

You won't find many fans of ESG investing on here. Plenty of reasons are given such as not diversified enough, missing key companies, might as well donate to charities instead, doesn't make any difference to the world, just a feel good factor etc. I think 500 stocks is well diversified. It is a like...
by jjface
Mon May 25, 2020 6:47 pm
Forum: Personal Consumer Issues
Topic: What will you NOT buy online?
Replies: 94
Views: 5918

Re: What will you NOT buy online?

panda express lol
by jjface
Mon May 25, 2020 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Use of TransferWise to move money - my experience - your thoughts?
Replies: 22
Views: 5115

Re: Use of TransferWise to move money - my experience - your thoughts?

Used them for years. Excellent all round.

Not the absolute cheapest but it makes the process very easy. You can even have debit cards and hold different currency within your account.
by jjface
Sun May 24, 2020 11:29 pm
Forum: Personal Consumer Issues
Topic: Update current laptop or buy new one?
Replies: 42
Views: 2446

Re: Update current laptop or buy new one?

I use a 2103 i5 laptop sometimes with 4gb ram and ssd. Feels fast to me no need for the latest. I don't game though. A ssd can make a lot of difference and you already have 6gb ram which is okay. I don't think you have to upgrade to a new one but a new one will be nice. Sometimes laptops get so old ...
by jjface
Sun May 24, 2020 5:23 pm
Forum: Personal Investments
Topic: Question about Edward Jones disapproval
Replies: 44
Views: 4366

Re: Question about Edward Jones disapproval

Yes one is fees. They charge a lot. Then they put you in funds that have large upfront and unneccesary feesand also large ongoing fees. Another is the sheer mess of a portfolio they construct. 30-50 random funds all to look like they are doing something positive. Some will have tiny % and others mas...
by jjface
Sun May 24, 2020 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Approaching 40, worried about financial future
Replies: 121
Views: 12116

Re: Approaching 40, worried about financial future

I think he will get more than $20k SS at age 70. Can you explain this a little further? Well, the SS calculator here https://www.ssa.gov/OACT/quickcalc/ gives $38k using his age/income and a retirement age of 70. So that is 90% more than what you used. Yes, agreed - that is what I figured as well. ...
by jjface
Sun May 24, 2020 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Approaching 40, worried about financial future
Replies: 121
Views: 12116

Re: Approaching 40, worried about financial future

I too can see you making it to at least $600k by retirement if nothing changes. You might have to retire later than average but you still have a good 25 years of investing ahead of you hopefully. You'll probably have to rely on social security but it should be a good portion of your income. You shou...
by jjface
Sat May 23, 2020 11:31 am
Forum: Personal Consumer Issues
Topic: Personal spending out of control after Covid-19
Replies: 120
Views: 9605

Re: Personal spending out of control after Covid-19

Well it is good of you to admit what is going on that is the first step. I don't quite believe all the perfectly healthy, happy bogleheads on here. Apparently everyone is a pro athlete, have $4 million, expert market timers and perfect buy and hold investors at the same time, have perfect lawns that...
by jjface
Fri May 22, 2020 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Prepaying PPP Loan Prior to Requesting Forgiveness
Replies: 8
Views: 452

Re: Prepaying PPP Loan Prior to Requesting Forgiveness

I am in no hurry. Rules are unlikely to change for me but you never know. Will wait until the forgiveness system is up and running at my lender and my 8 weeks are up. Interest for me is probably less than $20 over a few months anyway.
by jjface
Thu May 21, 2020 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: New job / wife 33 weeks pregnant / paternity
Replies: 42
Views: 4330

Re: New job / wife 33 weeks pregnant / paternity

Personally whilst I am strong about the need for paternity leave I think in your situation it is bad form to expect your current employer to give you 4 weeks paid off and then leave them or your new employer to give you 6 weeks paid off pretty much as you start. I don't know if either is normally c...
by jjface
Thu May 21, 2020 2:45 pm
Forum: Personal Investments
Topic: I freaked out…now what?
Replies: 60
Views: 6091

Re: I freaked out…now what?

The way I see dilemmas like these is you have to ignore past decisions. Consider yourself a new investor. Write a plan if you have to to help you stick to it next time. Today if you had $x how would you want to invest it? 3 fund portfolio with 40:60? Then do so today. Past mistakes are past mistakes...
by jjface
Wed May 20, 2020 10:30 pm
Forum: Personal Consumer Issues
Topic: what to do about 1000s of dandelions/weeds?
Replies: 55
Views: 4086

Re: what to do about 1000s of dandelions/weeds?

adamthesmythe wrote:
Wed May 20, 2020 9:18 pm
jjface wrote:
Wed May 20, 2020 8:57 pm
Geese
I saw on youtube that bears really like dandelions (because they are sweet)

https://www.youtube.com/watch?v=uWK1osi ... e=youtu.be
The neighbors might freak out
by jjface
Wed May 20, 2020 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Laid off job 1 and have to quit job 2 - How to File for UI
Replies: 12
Views: 1018

Re: Laid off job 1 and have to quit job 2 - How to File for UI

Why not stay on at job 2 until the checks stop showing up? This. You don't have to quit but they have to keep paying you until they release you. If they want you gone they should do it properly. If you resign you are giving them what they want and putting yourself in a bad position for UI. Just put...
by jjface
Tue May 19, 2020 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: New job / wife 33 weeks pregnant / paternity
Replies: 42
Views: 4330

Re: New job / wife 33 weeks pregnant / paternity

Personally whilst I am strong about the need for paternity leave I think in your situation it is bad form to expect your current employer to give you 4 weeks paid off and then leave them or your new employer to give you 6 weeks paid off pretty much as you start. I don't know if either is normally c...
by jjface
Tue May 19, 2020 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: New job / wife 33 weeks pregnant / paternity
Replies: 42
Views: 4330

Re: New job / wife 33 weeks pregnant / paternity

Personally whilst I am strong about the need for paternity leave I think in your situation it is bad form to expect your current employer to give you 4 weeks paid off and then leave them or your new employer to give you 6 weeks paid off pretty much as you start. I don't know if either is normally co...
by jjface
Tue May 19, 2020 11:42 am
Forum: Personal Investments
Topic: Best place to hold 100k emergency fund?
Replies: 25
Views: 2332

Re: Best place to hold 100k emergency fund?

Open a savings account or two with a bonus and leave it there for the time required. Once earned look out for new bonuses. You should be able to earn at least 2% if not more. You could also look at brokerage account opening bonuses and just invest in a money market fund. eg schwab gives $500 for $10...
by jjface
Tue May 19, 2020 2:39 am
Forum: Personal Finance (Not Investing)
Topic: Opinion on Relocating from IL to FL Central Gulf Coast Condo
Replies: 46
Views: 3266

Re: Opinion on Relocating from IL to FL Condo

You have $102k in pension income and a $2m portfolio. You should have more than enough to live well in Fl and have plenty to spare. The 50k in added expenses a year sounds very inflated. Might want to have a proper look at what it would really cost. Sounds to me like you do not have a good grasp of ...
by jjface
Mon May 18, 2020 11:58 pm
Forum: Personal Investments
Topic: Requesting advice: Ed Jones (taxable) to Vanguard for folks in mid-90s
Replies: 32
Views: 2190

Re: Requesting advice: Ed Jones to Vanguard for folks in mid-90s

Yes I'd probably leave it too. If you start reorganising now you'd need to be careful with capital gains so as to not trigger a lot of tax consequences. It is much easier to reorganise when it is in the hands of the heirs. You probably would rather be spending your time with them doing other things ...
by jjface
Mon May 18, 2020 10:57 pm
Forum: Personal Consumer Issues
Topic: Sources for N95 masks
Replies: 44
Views: 3437

Re: Sources for N95 masks

Looks like you can get Given the markup for real n95 masks and dubious quality of the suppliers for kn95, I would splurge on a half or full mask respirator that lasts longer and are legitimately reusable (including on your next home improvement project if this virus ever blows over). Don't forget t...
by jjface
Mon May 18, 2020 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Stimulus help for small businesses, sole proprietors, s-corp etc
Replies: 627
Views: 32335

Re: Stimulus help for small businesses, sole proprietors, s-corp etc

I am hoping that lenders simplify this for their sakes and ours eg a sch c filer with nothing but owner compensation should be a few clicks and then approved. No extra docs required.
by jjface
Sun May 17, 2020 7:50 am
Forum: Personal Consumer Issues
Topic: Buying Amazon vs direct from company....
Replies: 40
Views: 3179

Re: Buying Amazon vs direct from company....

I would buy with amazon. They are good at making things right if something goes wrong most of the time. They are usually faster to ship too and often cheaper though not always. I don't see any reason to buy direct these days. It is not as if you'd get a personal call after delivery checking if every...
by jjface
Sat May 16, 2020 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Small businesses stopping employees from getting Pandemic payments?
Replies: 54
Views: 3337

Re: Small businesses stopping employees from getting Pandemic payments?

Well whilst political views on the matter vary a lot the simple facts of the case are that he was claiming UE when unemployed and now that he isn't he will either have to go back to work or quit. The States are making the decision whether it is "safe enough" to go back to work. You are not forced to...
by jjface
Sat May 16, 2020 12:24 am
Forum: Personal Investments
Topic: Has anyone else invested this way?
Replies: 13
Views: 1188

Re: Has anyone else invested this way?

I plan to open a Vanguard account and invest 200k in VFIAX and contribute 3k per month for next 30 years...this will be my only Vanguard index fund...a good idea or should I look at adding bond index fund? I’m 36 years old with no debt. Has anyone else taking this one fund approach for the long hau...
by jjface
Fri May 15, 2020 9:07 pm
Forum: Personal Investments
Topic: Help fill out Form 5500_401K-Solo terminated
Replies: 10
Views: 463

Re: Help fill out Form 5500_401K-Solo terminated

Any reason you are closing it? ie business closing down.

If you simply wish to change providers you don't need to close the plan.
by jjface
Fri May 15, 2020 2:45 pm
Forum: Personal Investments
Topic: My son's (age 9) investments.
Replies: 20
Views: 1658

Re: My son's (age 9) investments.

Make sure your 9 year old actually does work in the family business worth what you pay him into a roth You can't just list him and max out the roth without it being a bona fida job with hours/tasks that match the pay. It is pretty difficult to justify in what capacity a 9 year would be working these...
by jjface
Fri May 15, 2020 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Pennsylvania pandemic unemployment benefits
Replies: 4
Views: 345

Re: Pennsylvania pandemic unemployment benefits

Cheyenne wrote:
Fri May 15, 2020 9:46 am
We applied on Apr. 18th and received emails on May 6th instructing us to login to the dashboard. We received the first payments on May 12th.
How does it work - do you get payments back dated to when you applied back in Apr?
by jjface
Fri May 15, 2020 12:39 am
Forum: Investing - Theory, News & General
Topic: International market recovery
Replies: 146
Views: 9408

Re: International market recovery

I think Europe will be slower to recover.
by jjface
Thu May 14, 2020 7:51 pm
Forum: Personal Investments
Topic: Lost Job Temporarily -- Sell Brokerage?
Replies: 19
Views: 1818

Re: Lost Job Temporarily -- Sell Brokerage?

Work on some kind of youtube presence.

Take unemployment which is currently available for self employed.

Or get a ppp loan (i suggest via paypal loan builder as they are quick) which can be mostly forgiven and not paid back so it is essentially a grant. m
by jjface
Thu May 14, 2020 7:38 pm
Forum: Investing - Theory, News & General
Topic: If “cost” is the #1 reason Active managers lose, why not use Vanguard’s low-cost active funds?
Replies: 61
Views: 3714

Re: If “cost” is the #1 reason Active managers lose, why not use Vanguard’s low-cost active funds?

Another Wellington/Wellesley fan here. They have a strong track record and though that doesn't really mean much for the future I feel that they manage the funds with relatively low active management. I am okay taking a little active risk. They seem to be good at bonds (VEIPX - the all equity version...
by jjface
Wed May 13, 2020 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Small businesses stopping employees from getting Pandemic payments?
Replies: 54
Views: 3337

Re: Small businesses stopping employees from getting Pandemic payments?

Just goes to show how over-generous the unemployment benefits were. But if you are no longer unemployed then that is that.
by jjface
Wed May 13, 2020 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: PPP - Loss of Revenue
Replies: 20
Views: 1519

Re: PPP - Loss of Revenue

Better late than never I guess. How many turned down the loans because of fear of extra checks I wonder. Surge in ppp applications expected this week!


Thanks for the info.
by jjface
Tue May 12, 2020 6:01 pm
Forum: Personal Consumer Issues
Topic: Where do you back up your important data?
Replies: 102
Views: 5100

Re: Where do you back up your important data?

OK, my turn for a dumb question. Can idrive be used for Windows computer or is it for Apple products only. It is compatible with windows machines however if you are primarily a windows user I would recommend other solutions. If you're primarily a mac/ios user and have an outlier windows PC that get...
by jjface
Tue May 12, 2020 5:56 pm
Forum: Personal Consumer Issues
Topic: Where do you back up your important data?
Replies: 102
Views: 5100

Re: Where do you back up your important data?

Ketawa wrote:
Tue May 12, 2020 5:27 pm
Using Arq, to both an external hard drive and Backblaze B2. B2 is $1 per month for my amount of data.
I believe it is 200gb for $1. And you pay to download like $1 for 100gb. At least now it is - maybe you got some deal?
by jjface
Tue May 12, 2020 10:30 am
Forum: Investing - Theory, News & General
Topic: Vanguard Digital Advisor—personalized online financial advice at your fingertips
Replies: 8
Views: 741

Re: Vanguard Digital Advisor—personalized online financial advice at your fingertips

Interestingly you have to be a us citizen. I guess permanent residents are excluded. Basically a diy lifestrategy fund for -+0.15% Not too bad but not great either. Hard to find out exactly what it does eg can you set the allocations? tax loss harvesting? fractional shares? Just goes to show how far...
by jjface
Tue May 12, 2020 12:24 am
Forum: Personal Finance (Not Investing)
Topic: Amex platinum card - $20 streaming and wireless provider credit
Replies: 30
Views: 2422

Re: Amex platinum card - $20 streaming and wireless provider credit

If you have something like mint mobile you can prepay for the year. Basically getting free wireless for the year.
by jjface
Mon May 11, 2020 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Setting up wife after devorce
Replies: 45
Views: 5906

Re: Setting up wife after devorce

Split it in half to tick the legal boxes. If you want to help her after all is legally separated then you are free to. This sounds generous, but (legally) only if it represents roughly half of your net worth. what is your overall networth? legally, you wife is entitled to 50% of that, so if networt...
by jjface
Sun May 10, 2020 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Setting up wife after devorce
Replies: 45
Views: 5906

Re: Setting up wife after devorce

Split it in half to tick the legal boxes. If you want to help her after all is legally separated then you are free to.
by jjface
Sun May 10, 2020 9:10 pm
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63129

Re: We've seen the lows in March and we will never see those lows again

If the virus mutated and kills 1 million Americans you bet we will see those lows agai . But probably a slim chance of that.
by jjface
Sun May 10, 2020 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement due to COVID 19 ?
Replies: 82
Views: 6189

Re: Retirement due to COVID 19 ?

I would wait and see at the 8 week mark. They may decide to furlough you if they cannot reopen 100%. Then you could claim unemployment. Or if they want you back to work I would probably speak to the employer and ask to be furloughed or for unpaid time off for a few months. With your health history I...
by jjface
Sat May 09, 2020 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Partial Unemployment Question
Replies: 5
Views: 504

Re: Partial Unemployment Question

As I understand the Pandemic Unemployed Assistance (PUA), 1) Yes, she has to file each week. On the weeks she receives income, they will deduct what she makes from her PUA benefits. If she earns more than the $978 that week, she will receive $0 in benefits. BTW, this seems to be based on when the i...
by jjface
Sat May 09, 2020 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: PPP, 'owner compensation replacement', 75% on payroll. math does not seem to work. what am I missing?
Replies: 24
Views: 1983

Re: PPP, 'owner compensation replacement', 75% on payroll. math does not seem to work. what am I missing?

75% of the forgiveness amount to be payroll/owner compensation not 75% of the loan (which is impossible for a sole proprietor)