Search found 2357 matches

by indexfundfan
Sat Jan 19, 2019 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: Moving HSA to Fidelity - What to Invest In?
Replies: 2
Views: 267

Re: Moving HSA to Fidelity - What to Invest In?

You can try the TIP or STIP (short term TIPS) ETFs. Both are commission-free trades at Fidelity.
by indexfundfan
Fri Jan 18, 2019 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"
Replies: 157
Views: 15854

Re: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"

Just got activated today into the new rewards. I also just requested online a new cash rewards credit card (I currently have two cash rewards + one travel rewards + one old amex with BOA) so that I could get a permanent 5.25% in one more category, and was told that my application can't be accepted ...
by indexfundfan
Fri Jan 18, 2019 11:06 am
Forum: Personal Finance (Not Investing)
Topic: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"
Replies: 157
Views: 15854

Re: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"

I am not seeing the option to change the Rewards categories. Maybe it is being rolled out on a staggered basis, so I will see it in another day or so. My CC statement closing date is the 20th, so it would be nice to be able to change the option by the time the next cycle begins. When I made the cha...
by indexfundfan
Fri Jan 18, 2019 10:42 am
Forum: Personal Finance (Not Investing)
Topic: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"
Replies: 157
Views: 15854

Re: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"

Mine is active today. I can change it either in the mobile app or online on the computer. I was told that the option to change the category would show up under the "Rewards" tab after I navigate to the web page of the cash back credit card. Is this where you found it on the computer? I'm still not ...
by indexfundfan
Fri Jan 18, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"
Replies: 157
Views: 15854

Re: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"

Mine is active today. I can change it either in the mobile app or online on the computer.
by indexfundfan
Thu Jan 17, 2019 11:57 am
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 2.20%]
Replies: 283
Views: 47216

Re: [Ally online savings now at 1.80%]

you can do so much better with Prime Money Market Funds or even T-Bills. How do you calculate the difference to know which is better? The 2.2 % vs Prime MM fund with the expense fee Vanguard's Prime MMF currently yields 2.49% APY. This is the net APY, after the expenses of the fund were deducted.
by indexfundfan
Thu Jan 17, 2019 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Transferring Large Amounts Between Banks
Replies: 4
Views: 776

Re: Transferring Large Amounts Between Banks

No, assuming these are not in cash currency (paper bills).
by indexfundfan
Wed Jan 16, 2019 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 561
Views: 59612

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I think the emails are sent out in batches. I received mine just 2 minutes ago.
by indexfundfan
Mon Jan 14, 2019 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: More capital loss carryovers than can use in lifetime
Replies: 30
Views: 4090

Re: More capital loss carryovers than can use in lifetime

Seems like the right thing to do here is to start trading around dividend dates in order to avoid receiving (and thus paying tax on) dividends. Just before a dividend is distributed, sell and purchase a similar (but not substantially identical) fund that has already distributed its dividend. By doi...
by indexfundfan
Thu Jan 10, 2019 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 186
Views: 19592

Re: Fidelity as a one stop shop

As far as I know, you cannot change the core fund in the CMA. But you can buy any MMF you want in the CMA -- and the MMF is considered "cash" and is auto-liquidated to satisfy debits in the CMA.

On the other hand, you can change the core fund in the regular investment account.
by indexfundfan
Thu Jan 10, 2019 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 186
Views: 19592

Re: Fidelity as a one stop shop

Well I thought I should finally try it out as a bank account. I've had bad experiences with Fidelity before, but I was totally shocked at how bad this CMA is. It is totally unreliable. You cannot count on transactions actually happening. Avoid this account like the plague. Details? What sort of tra...
by indexfundfan
Wed Jan 09, 2019 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Ally bonus question
Replies: 26
Views: 3310

Re: Ally bonus question

I put the money in the savings account to keep it simple. Will submit a pull request on 1/15 from Vanguard to withdraw most of the money. The actual withdrawal will take place in the 16th.
by indexfundfan
Sat Dec 29, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"
Replies: 157
Views: 15854

Re: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"

Does anyone know what does the "online shopping" category cover? Does it include Amazon? (Or is Amazon classified as "bookstore"?)
by indexfundfan
Fri Dec 28, 2018 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 186
Views: 19592

Re: Fidelity as a one stop shop

Let me know how it works for you. I'm hoping it was just an issue with that particular ATM in Amsterdam. Merry Christmas everyone! I've been travelling around CA and NV recently and the ATM works like a charm with SPRXX. I also fired up the billpay and will try that will a few monthly bills. I am a...
by indexfundfan
Fri Dec 28, 2018 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Schwab partial share liquidation fees
Replies: 13
Views: 580

Re: Schwab partial share liquidation fees

samsoes wrote:
Fri Dec 28, 2018 7:56 am
How the heck did you manage to acquire fractional ETF shares? I thought only Mutual Funds traded fractional shares and ETFs only traded whole shares (therefore leaving small lumps of cash)... :confused
You will get partial shares if you use the dividend reinvestment program.
by indexfundfan
Wed Dec 26, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: SPDW and SPEM - happy with them?
Replies: 7
Views: 385

Re: SPDW and SPEM - happy with them?

I just took another look at SPEM. It looks like the spread is now in the range of 1c ~ 2c too. But I think today's volume is higher than average.
by indexfundfan
Wed Dec 26, 2018 9:40 am
Forum: Investing - Theory, News & General
Topic: SPDW and SPEM - happy with them?
Replies: 7
Views: 385

Re: SPDW and SPEM - happy with them?

The spread of SPDW is now reasonable (generally 1c). However because the ETF is priced in the 20s, the inherent spread is higher than ETFs with 1c spread that are priced in the 30s, 40s or 50s (like VEA,IEFA). SPDR has been known to have capital gains distributions in some of their ETF offerings. I'...
by indexfundfan
Mon Dec 24, 2018 5:05 pm
Forum: Investing - Theory, News & General
Topic: How Fidelity Determines ETF Reinvestment Price
Replies: 7
Views: 898

Re: How Fidelity Determines ETF Reinvestment Price

I had my first ETF reinvestment at Fidelity today in my HSA (in EMGF/iShares Multifactor Emerging Market) and I was wondering how they arrived at an average price of $38.59 per share when the ETF traded at 37.82-38.35 today. But if you go 3 business days back to Wednesday, it traded at $39.25-39.34...
by indexfundfan
Mon Dec 24, 2018 4:59 pm
Forum: Investing - Theory, News & General
Topic: How Fidelity Determines ETF Reinvestment Price
Replies: 7
Views: 898

Re: How Fidelity Determines ETF Reinvestment Price

Here's the PDF of the ex-div and payable dates for SPDR ETFs https://us.spdrs.com/public/SPDR%20ETF%202018%20Distribution%20Schedule.v.10.25.2018.pdf https://i.ibb.co/4MzVyRV/P20181224-165516.png In particular look at SPY and MDY (I don't believe these are typos). I think it makes sense that the pur...
by indexfundfan
Thu Dec 20, 2018 11:24 am
Forum: Investing - Theory, News & General
Topic: Lively has caved on HSA fees
Replies: 16
Views: 1241

Re: Lively has caved on HSA fees

So does this make them roughly equivalent then? I just started with lively right before the recent Fido news, and I think I'm just going to stay put with Lively. In terms of fees, they are similar (both no fees). But I prefer Fidelity for the following reasons 1) It takes several days for my money ...
by indexfundfan
Thu Dec 20, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Lively HSA offers first dollar investing
Replies: 353
Views: 52428

Re: New HSA provider Lively offers investments for $30/yr fee

Wow. Unfortunately I have already transferred out.

PS. I edited the first post to reflect this change.
by indexfundfan
Wed Dec 19, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"
Replies: 157
Views: 15854

Re: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"

theplayer11 wrote:
Wed Dec 19, 2018 2:09 pm
where are people with Merrill parking their short term money? I'm finding it hard to find their money market options
There's no good MMF option. Use SHV or BIL instead.
by indexfundfan
Mon Dec 17, 2018 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 186
Views: 19592

Re: Fidelity as a one stop shop

The last time I checked (if there are no funds in the CMA) check and ACH debits in the CMA can be satisfied by "overdraft" from your brokerage account. But ATM withdrawals cannot -- the reason given was that there is "no enough time for approval". Yup, that'll still happen. Only workaround is to ke...
by indexfundfan
Sun Dec 16, 2018 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Money Market Funds for everyday expenses
Replies: 94
Views: 15420

Re: Fidelity Money Market Funds for everyday expenses

I too have been looking to consolidate at Fidelity. My question is, do you even need the CMA account? It seems most banking functions are available on the Investment account. ATM, Visa, Checkwriting. Is there something I am missing? ATM fees are not reimbursed in the investment account (unless you ...
by indexfundfan
Sun Dec 16, 2018 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 186
Views: 19592

Re: Fidelity as a one stop shop

This isn't quite true. You can set it up where it's fully automated. I have the CMA account named "Checking", and made a new brokerage account named "Savings". They even show up as "checking" and "savings" in mint. The savings account is the overdraft fund for the checking account and covers all de...
by indexfundfan
Fri Dec 14, 2018 5:02 pm
Forum: Investing - Theory, News & General
Topic: Buying the dividend
Replies: 18
Views: 1626

Re: Buying the dividend

You can also buy Schwab ETFs. They went ex-div on 12/12.
by indexfundfan
Thu Dec 13, 2018 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Being locked out of my account and "research team" will contact me in 72 hours
Replies: 33
Views: 4032

Re: Being locked out of my account and "research team" will contact me in 72 hours

Probably not in OP's case, but I always think it is a good idea to keep some assets at a second institution in case you encounter situations like this. But then there are also those who advocate having all assets at Vanguard for simplicity ...
by indexfundfan
Tue Dec 11, 2018 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity International Wire Currency Exchange Rates
Replies: 16
Views: 1774

Re: Fidelity International Wire Currency Exchange Rates

So I never ended up following thru on my transfer last month. I just went back to Transferwise to initiate it and discovered that they've increased their credit card fee to 3.4%! Since it's no longer economical to do it that way, I just initiated the payment via ACH. On the bright side, the exchang...
by indexfundfan
Tue Dec 11, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"
Replies: 157
Views: 15854

Re: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"

Do you need to apply new cards or would this feature be automatically enabled for the existing Cash Rewards Cards?

The press release "Bank of America today announced a new Bank of America® Cash Rewards credit card ..." seemed to imply a new card is necessary.
by indexfundfan
Tue Dec 11, 2018 10:54 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 860
Views: 65201

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

The Fidelity estimate of completion on 12/10 was spot-on, I can report completion of the transfer as of today. The fact that they are so consistently accurate makes me wonder if they overestimate the completion date, and then just sit on the money if they receive it ahead of time. They could pick u...
by indexfundfan
Wed Dec 05, 2018 7:20 am
Forum: Investing - Theory, News & General
Topic: Vanguard mobile check deposit
Replies: 13
Views: 2092

Re: Vanguard mobile check deposit

Is Vanguard mobile check deposit working for everyone? I wanted to try it out but when I touch on the mobile check deposit option, it says to contact Vanguard.
by indexfundfan
Sun Dec 02, 2018 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Lively HSA offers first dollar investing
Replies: 353
Views: 52428

Re: New HSA provider Lively offers investments for $30/yr fee

So I'm with HSA bank and am getting tired of the $66/year fee. Left my employer that offered it so I'm trying to decide between Lively and Fidelity. So this is what, a $30 difference/year between the two? I really like my vanguard funds through TDA that I have my HSA in (VB & VXUS) but I'm complete...
by indexfundfan
Sat Dec 01, 2018 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Managing ACA income with a Vanguard Variable Annuity
Replies: 17
Views: 1455

Re: Managing ACA income with a Variable Annuity

I don't have VA. But another option is to put some cash into I bonds. Interest is tax deferred and will not increase your MAGI (until redemption).
by indexfundfan
Sat Dec 01, 2018 9:29 am
Forum: Investing - Theory, News & General
Topic: [Understanding volatility in ultrashort bond funds]
Replies: 51
Views: 5683

Re: Ultrashort bond funds in freefall

I sometimes use MINT or JPST in the Merrill Edge tax-deferred accounts to hold cash. In the past two weeks or so, I did notice that the steady NAV increases stopped for MINT.

I intend to switch to SHV or BIL in the future instead.
by indexfundfan
Fri Nov 30, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: [Understanding volatility in ultrashort bond funds]
Replies: 51
Views: 5683

Re: Ultrashort bond funds in freefall

Duration measures the price sensitivity of a security to interest rate changes. The higher the duration, the more sensitive it is. For a floating rate security, if it's interest payment rises in locked step to interest rate, then technically it's sensitivity is very low or zero. This is despite the ...
by indexfundfan
Fri Nov 30, 2018 3:10 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 860
Views: 65201

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

The assets for my transfer from TDA/Lively to Fidelity posted this morning. It took 3 days. Here's the timeline: ○ 11/27 Tue : Transfer request submitted online at Fidelity. Uploaded copy of TDA statement. Fidelity indicates a 12/4 completion date. ○ 11/28 Wed : TDA login access disabled. List of a...
by indexfundfan
Fri Nov 30, 2018 9:40 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 860
Views: 65201

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

jhfenton wrote:
Fri Nov 30, 2018 9:20 am
We don't need to worry about transferring or draining our Lively accounts.
Yeah, that's true. Still, I am waiting for the one year mark before asking Lively to close the account. There's no cost in waiting.
by indexfundfan
Fri Nov 30, 2018 8:58 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 860
Views: 65201

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

My guess for option 1 is to avoid the transfer fee? In the Choice Financial fine print, it is stated that there is a closing fee of $25 if the account is closed before one year. Take note of that since you may have to pay this fee (maybe you can keep the account open until one year old). Secondly, ...
by indexfundfan
Fri Nov 30, 2018 8:08 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 860
Views: 65201

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

I have a $430 unrealized loss in a intermediate treasuries bond fund right now and am planning on moving from Lively TDA to Fidelity. I can: Liquidate it before doing a rollover, which will realize the $430 loss. Do an in-kind transfer, which will be a $50 fee from TDA. Which option is better? My g...
by indexfundfan
Fri Nov 30, 2018 7:12 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 860
Views: 65201

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

The assets for my transfer from TDA/Lively to Fidelity posted this morning. It took 3 days. Here's the timeline: ○ 11/27 Tue : Transfer request submitted online at Fidelity. Uploaded copy of TDA statement. Fidelity indicates a 12/4 completion date. ○ 11/28 Wed : TDA login access disabled. List of as...
by indexfundfan
Thu Nov 29, 2018 4:19 pm
Forum: Investing - Theory, News & General
Topic: my review of my HSA with Saturna brokerage
Replies: 167
Views: 44870

Re: my review of my HSA with Saturna brokerage

I know I didn't pay any fees, whatever the name was. But if you think about it, a distribution is like asking for your money back. A distribution could be for a medical emergency. It hardly seems fair if the custodian were to charge these fees. On the other hand, if you are transferring, they would...
by indexfundfan
Thu Nov 29, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: unearned income and HSA
Replies: 2
Views: 283

Re: unearned income and HSA

Any HSA contribution reduces your MAGI dollar for dollar for ACA purposes. It is not limited to earned income. In your example, your MAGI will reduce to $14000.
by indexfundfan
Thu Nov 29, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Utterly confused - Requesting IRA transfer OUT of Vanguard
Replies: 5
Views: 704

Re: Utterly confused - Requesting IRA transfer OUT of Vanguard

Generally all transfers are initiated from the receiver institution. You need to get instructions from your 401(k) provider.
by indexfundfan
Thu Nov 29, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: my review of my HSA with Saturna brokerage
Replies: 167
Views: 44870

Re: my review of my HSA with Saturna brokerage

As I said, I took a distribution. It's similar to the case where you have valid medical expenses. Just call Saturna and request to have all the money sent to you (of course you should liquidate whatever holding you have and wait for it to settle before calling). The money could be sent to you by ch...
by indexfundfan
Thu Nov 29, 2018 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: HSA rollover question
Replies: 6
Views: 279

Re: HSA rollover question

I'm currently considering rolling over my HSA to Fidelity and had a quick question. I opened an HSA about 2 years ago and am considering rolling it over to Fidelity. I just wanted to make sure that the health bills/receipts we've accrued during those two years would still count towards this new acc...
by indexfundfan
Thu Nov 29, 2018 2:10 pm
Forum: Investing - Theory, News & General
Topic: my review of my HSA with Saturna brokerage
Replies: 167
Views: 44870

Re: my review of my HSA with Saturna brokerage

As I said, I took a distribution. It's similar to the case where you have valid medical expenses. Just call Saturna and request to have all the money sent to you (of course you should liquidate whatever holding you have and wait for it to settle before calling). The money could be sent to you by ch...
by indexfundfan
Thu Nov 29, 2018 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: HSA rollover question
Replies: 6
Views: 279

Re: HSA rollover question

I'm currently considering rolling over my HSA to Fidelity and had a quick question. I opened an HSA about 2 years ago and am considering rolling it over to Fidelity. I just wanted to make sure that the health bills/receipts we've accrued during those two years would still count towards this new acc...
by indexfundfan
Thu Nov 29, 2018 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Lively HSA offers first dollar investing
Replies: 353
Views: 52428

Re: New HSA provider Lively offers investments for $30/yr fee

Usually for ACAT transfers, the receiving institution can/will do residue sweeps. Maybe this will be swept over to Fidelity on a later date?
by indexfundfan
Thu Nov 29, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 860
Views: 65201

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

arsenalfan wrote:
Thu Nov 29, 2018 10:55 am
Fidelity HSA review
https://thehsareportcard.com/new-page-1
The forest green Fidelity is $0 per year & $0 threshold (can invest it all).
:thumbsup Great that they update it so quickly.