Search found 2428 matches

by indexfundfan
Sun Jun 16, 2019 9:19 am
Forum: Personal Investments
Topic: What do you think about Vanguard Growth Index Fund for a 22-year-old?
Replies: 34
Views: 2785

Re: What do you think about Vanguard Growth Index Fund for a 22-year-old?

I invested in the growth index in my later accumulation years because it has a lower tax drag. I used the blend versions before that. So I now have a combination of both in my taxable account.
by indexfundfan
Sun Jun 16, 2019 7:44 am
Forum: Personal Investments
Topic: Vanguard Dividend ETF Offerings: VIG, VYM, VYMI
Replies: 7
Views: 837

Re: Vanguard Dividend ETF Offerings: VIG, VYM, VYMI

Dividend ETF is no free lunch, especially in a taxable account. See the example on page 7 of the following from Vanguard

https://personal.vanguard.com/pdf/s557.pdf
by indexfundfan
Mon Jun 10, 2019 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 736
Views: 78110

Re: Fee Reimbursment

On fidelity.com/cma it says that the atm fee is reimbursed the same day - is this actually true? I used a bank of america atm yesterday (Sunday) and I see in my CMA account that I had a overdraft of $103 ($3 fee)...but I see no transaction listed crediting back that $3. My experience is that when y...
by indexfundfan
Mon Jun 10, 2019 7:39 pm
Forum: Personal Consumer Issues
Topic: Good Rx
Replies: 36
Views: 3067

Re: Good Rx

Is it necessary to get the GoodRx card? It seems like the discount codes generated through the app are different for every drug, and are much better than the generic membership discount codes.
by indexfundfan
Fri Jun 07, 2019 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 315
Views: 21523

Re: Selling home- Demanding Buyer (Repairs)

I like the idea of reducing the price (instead of a credit), because

1) it reduces any transfer tax
2) it reduces the commission
3) it makes it less likely that it does not appraise to full value (yes, I know there is not supposed to be a financing contingency)
by indexfundfan
Wed May 29, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 736
Views: 78110

Re: Fidelity as a one stop shop

I opened a second brokerage for cash management. I made it a margin account, and bought $10K of 6-month Treasuries on auto-roll, so the margin serves as overdraft protection. I could have bought less, but didn't want to mess around with quantity less than 10. I decided not to get a debit/ATM card f...
by indexfundfan
Wed May 29, 2019 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: check my thinking on Roth conversions?
Replies: 28
Views: 1469

Re: check my thinking on Roth conversions?

My state doesn't tax retirement income (for now), and I'm lucky enough not to have to worry about health insurance. Honestly, this seems too good to be true. It means over, say, 15-20 years an early retiree should be able to convert a huge corpus of traditional retirement accounts (lets say $1,500,...
by indexfundfan
Wed May 29, 2019 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: check my thinking on Roth conversions?
Replies: 28
Views: 1469

Re: check my thinking on Roth conversions?

One question though: do you have health insurance? Some retirees use ACA health insurance. To qualify for the ACA premium tax credit, they have to keep their income below a certain threshold, thus limiting the ability to do Roth conversions.
by indexfundfan
Wed May 29, 2019 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: check my thinking on Roth conversions?
Replies: 28
Views: 1469

Re: check my thinking on Roth conversions?

That's about right. For 2019, 12% bracket is up to $78,950, and the standard deduction is $24,400 for MFJ. But you need to add state income taxes unless you live in a state that does not tax income.
by indexfundfan
Wed May 29, 2019 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Peer Assessment: Please critique my plan for getting personal finances in order.
Replies: 9
Views: 1245

Re: Peer Assessment: Please critique my plan for getting personal finances in order.

So our IRA funds are actually split between two funds, one in my name and one in wife's name. Each has about $7500. Since I use a 401k, we can't deduct any contributions to my IRA. We could backdoor Roth my IRA account; if we do, we have about a $7500 increase in taxable income. But if we contribut...
by indexfundfan
Wed May 29, 2019 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Deferring taxable income for ACA
Replies: 10
Views: 445

Re: Deferring taxable income for ACA

Some ideas: o Use I-Bonds to defer income. o Reduce your income from the taxable fixed income portfolio by using shorter duration bond funds. Use longer duration bond funds in the tax-deferred account to compensate if you feel the need to. o The following assets have lower dividend yields: US Large ...
by indexfundfan
Wed May 29, 2019 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Peer Assessment: Please critique my plan for getting personal finances in order.
Replies: 9
Views: 1245

Re: Peer Assessment: Please critique my plan for getting personal finances in order.

Most of your goals are excellent. Yes, pay off those high rate student loans before the mortgage. Consider the following additional points: Term insurance for the wife (even though she is currently not working). Your wife is currently taking care of three kids. If she is not around, do you have alte...
by indexfundfan
Sun May 26, 2019 3:35 pm
Forum: Investing - Theory, News & General
Topic: Rolling over previous HSA to fidelity or vanguard?
Replies: 7
Views: 568

Re: Rolling over previous HSA to fidelity or vanguard?

B4Xt3r wrote:
Sun May 26, 2019 3:34 pm
Has anyone done this yet?
There is a long thread on this.

viewtopic.php?t=263661
by indexfundfan
Fri May 24, 2019 6:34 am
Forum: Personal Investments
Topic: Investment Planning Help to Retire Early - Family of 4 in CA
Replies: 13
Views: 2199

Re: Investment Planning Help to Retire Early - Family of 4 in CA

Some random comments. I agree with Bloom's idea of where to put the assets with respect to taxable, Roth and 401(k). Put tax efficient funds in taxable (that includes tax exempt funds), put funds with maximum growth potential in the Roth, and bonds in the 401(k). You may also want to consider I Savi...
by indexfundfan
Thu May 23, 2019 7:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website fail at the propitious moment
Replies: 15
Views: 1991

Re: Vanguard website fail at the propitious moment

I did encounter a slowdown while placing an order this morning. But the incident did not last long.
by indexfundfan
Mon May 20, 2019 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 736
Views: 78110

Re: Fidelity as a one stop shop

That's good to know. I have FZDXX is in an IRA, where the minimum is $10K, but the transfer in kind thing won't work with that. Or will it? I guess I could take a small distribution from the IRA if they will do it in kind into a taxable account. It would be interesting if Fidelity allows a distribu...
by indexfundfan
Mon May 20, 2019 6:07 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 736
Views: 78110

Re: Fidelity as a one stop shop

With the flattish/inverted yield curves, cash ain't so bad now, so I'm holding quite a bit more than a month of expenses in Treasury MM and short-term Treasuries. I'd put more into individual 6-month Treasuries, but have been accumulating cash in Treasury MM with the thought of opening FZDXX ($100K...
by indexfundfan
Fri May 17, 2019 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Account - How fast will checks cash?
Replies: 11
Views: 796

Re: Fidelity Account - How fast will checks cash?

My experience with mobile deposit -- posts the same business day, but can only withdraw after 4 business days. So in the worst case I would scan a check on Friday and would have to wait until next Thursday to withdraw my money? That seems kind of long in case you need the money to pay bills, etc. C...
by indexfundfan
Fri May 17, 2019 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Account - How fast will checks cash?
Replies: 11
Views: 796

Re: Fidelity Account - How fast will checks cash?

My experience with mobile deposit -- posts the same business day, but can only withdraw after 4 business days.
by indexfundfan
Tue May 14, 2019 3:49 pm
Forum: Personal Investments
Topic: Merrill Edge Users - What Do You Use for Cash Management?
Replies: 10
Views: 1517

Re: Merrill Edge Users - What Do You Use for Cash Management?

In the IRA, I purchase ICSH. For taxable account, I don't leave any cash in the account.
by indexfundfan
Mon May 13, 2019 8:12 pm
Forum: Personal Consumer Issues
Topic: U-Pack or Similar? (Household Transport Services)
Replies: 9
Views: 555

Re: U-Pack or Similar? (Household Transport Services)

I used a Upack trailer for a cross-country move. I hired local help to load and unload. Upack's website also lets you track the location of the trailer during the move. Everything works out well. I avoided the "traditional" movers after hearing a lot of horror stories with inter-state moves. I think...
by indexfundfan
Sun Apr 21, 2019 8:12 am
Forum: Investing - Theory, News & General
Topic: VHT / XBI / XLV holders (healthcare)
Replies: 27
Views: 1752

Re: VHT / XBI / XLV holders (healthcare)

XBI is focused on the smaller companies in the biotech industry.
by indexfundfan
Fri Apr 05, 2019 8:50 am
Forum: Personal Consumer Issues
Topic: What is this weed in my lawn?
Replies: 34
Views: 3538

Re: What is this weed in my lawn?

No, it is not crab grass (it's also too early in the season). Crab grass is relatively easy to deal with; quinclorac specifically targets crab grass very effectively. I wouldn't put a non-selective herbicide at this point because I want the Bermudagrass to survive. I think I am going to re-apply sul...
by indexfundfan
Thu Apr 04, 2019 10:46 pm
Forum: Personal Consumer Issues
Topic: What is this weed in my lawn?
Replies: 34
Views: 3538

Re: What is this weed?

toofache32 wrote:
Thu Apr 04, 2019 10:38 pm
whodidntante wrote:
Thu Apr 04, 2019 10:19 pm

Glad to know I was not the only one let down after reading the title of the thread.
I re-titled the thread. :-)
by indexfundfan
Thu Apr 04, 2019 7:14 pm
Forum: Personal Consumer Issues
Topic: Redoing lawn with bermuda
Replies: 25
Views: 2219

Re: Redoing lawn with bermuda

I seeded my lawn from Bermuda seeds which I bought from Walmart last summer. It works. Follow the instructions on the package. The most important thing in my opinion is that you have to keep the soil moist while you wait for the seeds to germinate. I put the sprinklers on a timer and water the area ...
by indexfundfan
Thu Apr 04, 2019 6:56 pm
Forum: Personal Consumer Issues
Topic: What is this weed in my lawn?
Replies: 34
Views: 3538

Re: What is this weed?

HEDGEFUNDIE wrote:
Thu Apr 04, 2019 6:50 pm
How about this one?
That's a broad leaf weed. Any herbicide with 2,4-D Amine should handle it.

It's the grassy weeds that are usually harder to handle.
by indexfundfan
Thu Apr 04, 2019 6:35 pm
Forum: Personal Consumer Issues
Topic: What is this weed in my lawn?
Replies: 34
Views: 3538

Re: What is this weed?

Thanks.

If it is indeed goosegrass, sulfentrazone could be useful. I had sprayed Spectracide Weed Stop for Lawns (it includes Sulfentrazone) on the above weeds. It seemed to damage the weeds but did not kill them (yet?). Maybe I should put a second application or use a stronger version (Dismiss).
by indexfundfan
Thu Apr 04, 2019 5:15 pm
Forum: Personal Consumer Issues
Topic: What is this weed in my lawn?
Replies: 34
Views: 3538

What is this weed in my lawn?

This weed has been growing in my lawn (Bermudagrass, still mostly dormant). Looks like goosegrass to me but it is probably too early in the season for it. I am hoping someone can identify it and recommend a selective post-emergent herbicide to get rid of it. Thanks! Click image to zoom: https://i.ib...
by indexfundfan
Wed Apr 03, 2019 8:34 am
Forum: Personal Finance (Not Investing)
Topic: How to get cash quickly
Replies: 102
Views: 6605

Re: How to get cash quickly

FYI: Fidelity no longer charge any wire transfer fee. But your local bank might charge a fee to receive a wire.
by indexfundfan
Sun Mar 31, 2019 7:33 am
Forum: Personal Investments
Topic: Moving from Vanguard to Merrill Edge
Replies: 73
Views: 7799

Re: Moving from Vanguard to Merrill Edge

I'd recommend not carrying a combined balance beyond $250,000. The reason is that in the past couple years, some people who had a combined BofA balance > $250,000, were 'upgraded' to Merrill Banking Rewards with Wealth Management. This overlaps significantly with Preferred Rewards with the exceptio...
by indexfundfan
Fri Mar 22, 2019 7:07 am
Forum: Investing - Theory, News & General
Topic: iShares - Two different Emerging Markets ETFs - Pick one
Replies: 3
Views: 520

Re: iShares - Two different Emerging Markets ETFs - Pick one

EEM has a longer history. And has always had a high expense ratio. When lower cost alternatives became popular (e.g. VWO, SCHE), Blackrock had to lower their price to compete. Instead of reducing the expense on EEM, they decided to introduce a slightly different version -- IEMG with a lower expense ...
by indexfundfan
Thu Mar 21, 2019 8:17 pm
Forum: Investing - Theory, News & General
Topic: Series I Savings Bonds Buying Opportunity
Replies: 52
Views: 9370

Re: Series I Savings Bonds Buying Opportunity

I will wager that you don't know any more (or less) than I do on future interest rates. Cosmo True in general, but you don't seem to be aware of the fact that the fixed rate has never been higher than the 10-year TIPS as long as that was above zero. In this case, it certainly looks like the fixed r...
by indexfundfan
Mon Mar 18, 2019 8:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 52778

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

Is it even possible to pull from Vanguard? Last time I called, they were confused about the black voodoo magic that is the ACH pull. They told me I could only push to a linked bank account. In general, you can't pull, unless you have the Vanguard Advantage account. But this is going away, and hence...
by indexfundfan
Fri Mar 08, 2019 5:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 52778

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

As Vanguard Flagship customer, I, too, am upset with the discontinuation of the Advantage program and intend to transfer a portion of my assets to Fidelity to open a cash management account. Someone please tell me if I have oversimplified. I intend to open a fidelity Brokerage account by placing ca...
by indexfundfan
Thu Mar 07, 2019 8:52 am
Forum: Personal Investments
Topic: CA Tax Exempt Bond Fund, but now living in IL
Replies: 5
Views: 578

Re: CA Tax Exempt Bond Fund, but now living in IL

I moved out of CA two years ago but I did not sell my CA muni bond funds immediately due to tax reasons (capital gains).

I finally was able to dump the funds last November when they dropped in price. I swapped the funds for the national muni fund and total bond fund.
by indexfundfan
Wed Mar 06, 2019 8:12 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 52778

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

For those who don't know, the "premium" MMF from Fidelity FZDXX does require $100k to start but you don't need to keep the $100k there once you are in the door. On average, I only have $5k in the fund.

This is similar to Vanguard's VUSXX which requires $50k to start.
by indexfundfan
Wed Mar 06, 2019 1:03 pm
Forum: Personal Investments
Topic: Vanguard ACH Pull from Merrill Edge?
Replies: 4
Views: 492

Re: Vanguard ACH Pull from Merrill Edge?

You can pull directly from the Merrill Edge account. Apply for the Merrill Edge checkbook and you can get the account number from the check.
by indexfundfan
Wed Mar 06, 2019 12:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 52778

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

I received the following email from Vanguard on March 5th. The survey was all about how I handle my checking, savings, bill-pay, etc...... You're invited! We want to hear from you. Dear XXXXXXXXXXXX, Vanguard would like to better understand your perspectives on managing your cash as well as get a b...
by indexfundfan
Wed Mar 06, 2019 10:37 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 52778

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

Here is the corrected table, thank you to Nate79 and indexfundfan for the clarifications. https://i.ibb.co/gJsyLYp/Vanguard-vs-Fidelity-Money-Market-Funds-v3.png Not to further complicate matters but you should use tax equivalent yield if you pay state income taxes. States do not tax government obl...
by indexfundfan
Wed Mar 06, 2019 9:58 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 52778

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

Here is the corrected table, thank you to Nate79 and indexfundfan for the clarifications. https://i.ibb.co/gJsyLYp/Vanguard-vs-Fidelity-Money-Market-Funds-v3.png Not to further complicate matters but you should use tax equivalent yield if you pay state income taxes. States do not tax government obl...
by indexfundfan
Wed Mar 06, 2019 9:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 52778

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

This is excellent because it helps show that these CMA services are not "free" There is a real measurable opportunity cost on cash returns. This why I have always kept my banking and investing separate. This whole CMA thing is just one more hook to upsell (or get cash in relatively high ER parking ...
by indexfundfan
Wed Mar 06, 2019 8:07 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 52778

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

I was half convinced maybe Fidelity CMA was a viable option but wanted to see the differences between my expected returns. There as been some discussion of Vanguard vs Fidelity Money Market Funds along with High Yield Savings Accounts and their yield, but no in depth look at what it will cost us to...
by indexfundfan
Tue Mar 05, 2019 2:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 52778

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

I created the following to compare Fidelity, Schwab and Vanguard Advantage. https://i.ibb.co/wpRxZ59/P20190305-141252.png Thank you for an excellent chart! Just the right amount of information. One very minor footnote: I believe Fidelity CMA ATM users could pay a 1% fee on foreign withdrawals where...
by indexfundfan
Tue Mar 05, 2019 2:15 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 52778

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

I created the following to compare Fidelity, Schwab and Vanguard Advantage.

Image
by indexfundfan
Mon Mar 04, 2019 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 736
Views: 78110

Re: Fidelity as a one stop shop

When a Fidelity rep told someone on this thread that Fidelity prefers not to sell "funds" to cover bill pay (and I assume ATM transactions, etc), I think the rep meant Fidelity would prefer not to sell normal mutual funds to cover the cash transactions (ie FSKAX, etc). Similar situation. I was rece...
by indexfundfan
Fri Mar 01, 2019 5:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 52778

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts]

I'm surprised to receive a secure message from Vanguard. And I haven't even contacted them regarding this. Hello indexfundfan: As you may already know, Vanguard recently advised clients that their VanguardAdvantage account will be discontinued on July 31, 2019. If you have any questions or would lik...
by indexfundfan
Fri Mar 01, 2019 4:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 52778

Re: Discontinuing VanguardAdvantage Accounts

This is exactly what I'm trying to dissect. I just spoke with my Fidelity customer service representative about the differences between a Fidelity Cash Management Account and a routine Fidelity brokerage account. The Fidelity CMA sweep account is the only one you can use and this pays an insignific...
by indexfundfan
Thu Feb 28, 2019 3:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 52778

Re: Discontinuing VanguardAdvantage Accounts

Thanks to the posters who provided information on the cash management offerings at Fidelity and Schwab. Since there are offices of both in the Atlanta area, I may drop into each next week to get some more information, get a gut feel for their service (or how hard they push to upsell or get me into ...
by indexfundfan
Thu Feb 28, 2019 12:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 52778

Re: Discontinuing VanguardAdvantage Accounts

Do any of the VG taxable money markets (Federal, Prime or Treasury) have the ability to add checkwriting? I believe Prime used to offer it for checks over a certain amount e.g. $100? I like to have checkwriting ability at any firm where I have money. Vanguard used to offer these for MMFs and bond f...
by indexfundfan
Thu Feb 28, 2019 11:41 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 52778

Re: Discontinuing VanguardAdvantage Accounts

I called Vanguard and provided my feedback/criticisms. Now I need a new solution. Any suggestions? I would like a checking account with ACH transactions where I can earn a competitive rate on the cash sitting there (>2%). My regular checking account does not work because the money there earns nothi...