Search found 1724 matches

by student
Fri Apr 20, 2018 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Wanting to leave Fidelity
Replies: 90
Views: 8457

Re: Wanting to leave Fidelity

FZDXX has a 1 million dollars minimum. Am I missing something? I don't know where you saw $1M. It's 100k minimum . And I could swear that when I bought it last year the minimum was only 10k in an IRA, but I don't see that separate minimum listed now. There are other options besides the FDIC-insured...
by student
Fri Apr 20, 2018 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Wanting to leave Fidelity
Replies: 90
Views: 8457

Re: Wanting to leave Fidelity

FZDXX has a 1 million dollars minimum. Am I missing something? The initial purchase minimum for FZDXX is actually only $100,000. The balance may drop below that level after the initial purchase. There is also SPRXX, with an initial purchase minimum of $2,500, and a current yield of 1.65%. My mistak...
by student
Fri Apr 20, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy an apartment for myself, and how should I finance it?
Replies: 7
Views: 826

Re: Should I buy an apartment for myself, and how should I finance it?

I think you need to give more info about your financial situation for more appropriate recommendations. Thanks for chiming in. I was trying to get help comparing the options from a pure financial point of view. Thus, my financial situation seemed irrelevant and it looked as though by me sharing it,...
by student
Fri Apr 20, 2018 8:05 am
Forum: Personal Consumer Issues
Topic: How to pay for travel? Redeem CC points vs cash vs apply for new card?
Replies: 10
Views: 877

Re: How to pay for travel? Redeem CC points vs cash vs apply for new card?

If you have the points, it is simpler to use 1) as points may devalue.
by student
Fri Apr 20, 2018 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy an apartment for myself, and how should I finance it?
Replies: 7
Views: 826

Re: Should I buy an apartment for myself, and how should I finance it?

I think you need to give more info about your financial situation for more appropriate recommendations.
by student
Fri Apr 20, 2018 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Wanting to leave Fidelity
Replies: 90
Views: 8457

Re: Wanting to leave Fidelity

I like the concept of using Fidelity for checking. Problem is I currently receive 1% interest on checking at Capital One 360, and I don't think Fidelity pays anything, do they? FDIC insured deposits below $100k in Fidelity's Cash Management Account currently earn 0.19%. Whenever there is a meaningf...
by student
Thu Apr 19, 2018 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 7646

Re: “The Smell of Retiree Mon$y...”

Another idea for SeeMoe, since he is living on their property, is to intentionally put themselves on mailing lists for other charities. Leave some of the charity mail around their unit if the bequeathing representatives come inside to visit. Get the "free" shopping bags, pens, T-shirts and other pr...
by student
Thu Apr 19, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 7646

Re: “The Smell of Retiree Mon$y...”

One even honestly said ,when asked, you have more funds than you both will ever need,and we would rather have your money in hand now before expenses and senility take over and drain the well....as it were. This is really bad. So they want you to give away money now and risk having not enough later ...
by student
Wed Apr 18, 2018 10:58 pm
Forum: Personal Consumer Issues
Topic: Total Cost of Car Ownership over 10 years
Replies: 40
Views: 3056

Re: Total Cost of Car Ownership over 10 years

This is not exactly what you asked for but Edmunds.com has total cost of car ownership for 5 years.
by student
Wed Apr 18, 2018 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds vs. Fixed/Guaranteed Income
Replies: 21
Views: 1940

Re: Bonds vs. Fixed/Guaranteed Income

Just a data point, almost all my fixed income portion are in TIAA Traditional, a stable value fund. +1, about half of my fixed income allocation is in TIAA Traditional, but note that it yields about 4%. If it was only 2.5%, I would probably stick with bonds. One point of comparison is EE savings bo...
by student
Wed Apr 18, 2018 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Bonds vs. Fixed/Guaranteed Income
Replies: 21
Views: 1940

Re: Bonds vs. Fixed/Guaranteed Income

Just a data point, almost all my fixed income portion are in TIAA Traditional, a stable value fund.
by student
Wed Apr 18, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: How to handle former employer’s retirement plan
Replies: 23
Views: 1645

Re: How to handle former employer’s retirement plan

Would rolling it into my Vanguard IRA be a wise option? Some of it, perhaps. I'm also a TIAA/Vanguard investor but with about 90% of assets on the TIAA side. I also have R3 and institutional funds, so low ERs for TIAA. Vanguard holds funds converted to Roth IRA, since TIAA has high ERs for IRAs. Va...
by student
Sat Apr 14, 2018 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: New York State income tax bracket is not a marginal rate?
Replies: 30
Views: 1870

Re: New York State income tax bracket is not a marginal rate?

I don't know whether this will be helpful. Have you tried entering all the numbers rounding to the nearest dollar vs not rounding? It is possible that the result may be off by a dollar.
by student
Sat Apr 14, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: What advantages do a personalized portfolio have over a target date fund, in your opinion?
Replies: 49
Views: 2830

Re: What advantages do a personalized portfolio have over a target date fund, in your opinion?

Target date fund is perfect for someone who does not want to involve in investing. In my opinion, it is suitable for most people. However, if you are willing to do-it-yourself, then it gives you more flexibility in finding an asset allocation that suits you.
by student
Sat Apr 14, 2018 7:38 am
Forum: Investing - Help with Personal Investments
Topic: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)
Replies: 22
Views: 1504

Re: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)

Yes. I think you should covert to ETF first. Here is my experience with ME with a couple of updates.

viewtopic.php?f=1&t=214753

Others have mentioned preferred rewards. See viewtopic.php?t=150033
by student
Thu Apr 12, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: WSJ--Fidelity Is Revamping How It Charges You for Financial Advice
Replies: 14
Views: 1996

Re: WSJ--Fidelity Is Revamping How It Charges You for Financial Advice

goingup wrote: (I read the article yesterday but today I can't get past the paywall to reread.) Do you think that means the underlying funds won't have expense ratios? I can't imagine how that would work. If so, that's lower cost than Vanguard's PAS, which charges .30 in addition to the fund ERs. J...
by student
Thu Apr 12, 2018 1:38 pm
Forum: Investing - Theory, News & General
Topic: WSJ--Fidelity Is Revamping How It Charges You for Financial Advice
Replies: 14
Views: 1996

Re: WSJ--Fidelity Is Revamping How It Charges You for Financial Advice

I think the article also mentioned that for Fidelity Go, the 0.35% fee will now includes the fees charged by the underlying funds.
by student
Wed Apr 11, 2018 11:09 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 37276

Re: Name something you bought that wasn't cheap and glad you did

A large screen HDTV many years ago. It was about $3,000.
by student
Wed Apr 11, 2018 10:10 pm
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 66
Views: 8043

Re: Too much Bogleheads.org?

I think I spend at least an hour (on average) a day on this site.
by student
Wed Apr 11, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 438
Views: 87109

Re: Bank of America/Merrill Edge - Preferred Rewards

I have a free small safe deposit box. The bank manager told me that the credit I receive is $75 / year. I can use it for a "free" small box, or apply the credit towards payment for a larger, more expensive box. this is what it looks like in my account, btw: https://i.imgur.com/hvuLaAA.jpg Interesti...
by student
Wed Apr 11, 2018 7:46 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs TIAA
Replies: 58
Views: 1641

Re: Vanguard vs TIAA

The funds available from all three companies are good and low cost. From your post, I gather that you are a beginner. I suggest that you leave everything at TIAA for now, take a year to read more about investing and cost, and make a decision in one year.
by student
Mon Apr 09, 2018 10:11 am
Forum: Personal Consumer Issues
Topic: Does it make sense to buy new appliances when there's a good sale before you need them?
Replies: 28
Views: 1678

Re: Does it make sense to buy new appliances when there's a good sale before you need them?

I think you should wait. The only appliances that I will consider preemptive replacement are hot water heater and sump pump, as failure may cause a lot of problems.
by student
Sun Apr 08, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: Best credit card for earning free airfare?
Replies: 12
Views: 1028

Re: Best credit card for earning free airfare?

Since you are consider Chase Sapphire Reverse, my experience is that it is a worthwhile card especially if you like to travel.
by student
Sun Apr 08, 2018 3:55 pm
Forum: Forum Issues and Administration
Topic: Are my posts missing or being deleted?
Replies: 13
Views: 1236

Re: Are my posts missing or being deleted?

There shouldn't be a second screen after hitting "Submit". Do you have any details on what this screen shows? When hitting "Preview", the same buttons show up: "Save draft", "Preview", and "Submit". You still need to hit "Submit" to publish the post. The second screen happens where there is a post ...
by student
Sun Apr 08, 2018 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Can we discuss renting a car? [Insurance]
Replies: 25
Views: 1240

Re: Can we discuss renting a car?

I know I am in the minority. I don't rent car often but when I do, I purchase their insurance as I do not want the hassle if there are damages.
by student
Sun Apr 08, 2018 10:02 am
Forum: Forum Issues and Administration
Topic: Are my posts missing or being deleted?
Replies: 13
Views: 1236

Re: Are my posts missing or being deleted?

There shouldn't be a second screen after hitting "Submit". Do you have any details on what this screen shows? When hitting "Preview", the same buttons show up: "Save draft", "Preview", and "Submit". You still need to hit "Submit" to publish the post. The second screen happens where there is a post ...
by student
Sat Apr 07, 2018 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing TIAA portfolio when most of portfolio is 3-fund Vanguard
Replies: 7
Views: 321

Re: Choosing TIAA portfolio when most of portfolio is 3-fund Vanguard

I am embarrassed to admit that I have never looked for this employer. Previous employers had really poor choices. If I sort by expense ratio, I get: VINIX Vanguard Institutional Index Fund Institutional 0.04% VBTIX Vanguard Total Bond Market Index Fund Institutional 0.04% VBITX Vanguard Short-Term ...
by student
Sat Apr 07, 2018 1:00 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 11318

Re: What is your AA, given your age? and, Why?

I am about 115-age in stock. For fixed income, I use TIAA Traditional (stable value) rather than bond. I used to be more aggressive when I was younger.
by student
Sat Apr 07, 2018 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Am I Crazy??? [Excess W-4 withholding, got large tax refund]
Replies: 31
Views: 3485

Re: Am I Crazy???

I would not say this is crazy. It is of course not optimal but if this is a way for you not to spend the money, it is ok.
by student
Sat Apr 07, 2018 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing TIAA portfolio when most of portfolio is 3-fund Vanguard
Replies: 7
Views: 321

Re: Choosing TIAA portfolio when most of portfolio is 3-fund Vanguard

As others have indicated, TIAA offers different classes to different institutions. If you have institutional class mutual funds, then they are as cheap as those at Vanguard. If you have the annuity version, then R3 is great, R2 is ok, R1 is bad. BTW large institutions get R3 due to economy of scale....
by student
Sat Apr 07, 2018 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Current Thinking About TIAA Real Estate?
Replies: 18
Views: 1058

Re: Current Thinking About TIAA Real Estate?

Unless someone is trying to take advantage of the lag time in prices, I don't view TREA to be better than a REIT index fund. In my limited understanding, I see no difference between TREA and a single REIT. So it is better to diversify and invest in a REIT index fund. publicly traded reits use more ...
by student
Sat Apr 07, 2018 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Current Thinking About TIAA Real Estate?
Replies: 18
Views: 1058

Re: Current Thinking About TIAA Real Estate?

Unless someone is trying to take advantage of the lag time in prices, I don't view TREA to be better than a REIT index fund. In my limited understanding, I see no difference between TREA and a single REIT. So it is better to diversify and invest in a REIT index fund. publicly traded reits use more ...
by student
Sat Apr 07, 2018 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Personal Capital's "Complimentary Portfolio Review" - Thoughts?
Replies: 17
Views: 687

Re: Personal Capital's "Complimentary Portfolio Review" - Thoughts?

Apparently, their investment approach is to not invest in index funds, but rather to invest in individual stocks - 90-120 of them in all different sectors to create an individual index for the investor that has equal weighting among all sectors. I will pass. My current portfolio at Vanguard is at 7...
by student
Sat Apr 07, 2018 7:36 am
Forum: Investing - Help with Personal Investments
Topic: Current Thinking About TIAA Real Estate?
Replies: 18
Views: 1058

Re: Current Thinking About TIAA Real Estate?

Unless someone is trying to take advantage of the lag time in prices, I don't view TREA to be better than a REIT index fund. In my limited understanding, I see no difference between TREA and a single REIT. So it is better to diversify and invest in a REIT index fund.
by student
Sat Apr 07, 2018 7:31 am
Forum: Investing - Help with Personal Investments
Topic: Cost basis corrections
Replies: 10
Views: 692

Re: Cost basis corrections

Thank again for those who replied.
by student
Fri Apr 06, 2018 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Filed an incorrect 1099-INT - do I *have* to file an amendment?
Replies: 7
Views: 432

Re: Filed an incorrect 1099-INT - do I *have* to file an amendment?

I called IRS about 20 years ago regarding a corrected 1099-DIV (I think). As a result, I called and asked whether it is ok to not file an amended return as it will just reduce my tax by a couple of dollars. She said IRS does not care if I paid them too much.
by student
Thu Apr 05, 2018 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Keep TIAA 403(b) or roll to Vanguard IRA?
Replies: 5
Views: 433

Re: Keep TIAA 403(b) or roll to Vanguard IRA?

I use TIAA Traditional as my fixed income. Take a look at these threads.
viewtopic.php?t=240835

viewtopic.php?t=205688

viewtopic.php?t=214076
by student
Thu Apr 05, 2018 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis corrections
Replies: 10
Views: 692

Re: Cost basis corrections

Thank you for the replies.
by student
Thu Apr 05, 2018 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Help with math problem
Replies: 7
Views: 771

Re: Help with math problem

Yes, I meant earns 4% constantly for 10 years and I withdraw 5% a year. Divided by 12 months To double check, we are assuming that each withdrawal will be less than the year before? I mean, if we are earning 4% a year, and withdrawing 5% a year, we will eat into 1% of the principle each year. If we...
by student
Thu Apr 05, 2018 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Cost basis corrections
Replies: 10
Views: 692

Re: Cost basis corrections

I don't have an account at ME, but if this happened at TDAmeritrade, I would simply change the cost basis online myself through the GainsKeeper tool. ME may also use the GainsKeeper tool because it is common at many brokers. Does ME have GainsKeeper or similar place on your account to make the chan...
by student
Thu Apr 05, 2018 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Cost basis corrections
Replies: 10
Views: 692

Cost basis corrections

In my recent review of cost basis information, I discovered two errors. 1) The first one is in a Roth IRA account. It lists a cost basis of 0, which is incorrect. I assume that since there is no tax consequence when I sell it, there is no need for me to correct it. 2) The second error is in a taxabl...
by student
Wed Apr 04, 2018 8:39 am
Forum: Personal Consumer Issues
Topic: Builder wants $800 to vent a gas cooktop
Replies: 53
Views: 3974

Re: Builder wants $800 to vent a gas cooktop

Go with the the vent. It is not a big price to pay. The filer version is, in my opinion, garbage.
by student
Wed Apr 04, 2018 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford this condo?
Replies: 37
Views: 2515

Re: Can I afford this condo?

I agree with the other replies. You should not buy the condo as a second home now.
by student
Wed Apr 04, 2018 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio help with Fidelity Index Funds
Replies: 10
Views: 848

Re: Portfolio help with Fidelity Index Funds

I have everything at Fidelity as well. I'm very happy there. The funds to use are: Fidelity Total Stock Market Index Fund Premium Class (FSTVX) ER 0.035% Fidelity Total International Market Index Fund Premium Class (FTIPX) ER 0.10% Fidelity Total Bond Market Index Fund Premium Class (FSITX) ER 0.04...
by student
Tue Apr 03, 2018 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford this condo?
Replies: 37
Views: 2515

Re: Can I afford this condo?

MP123 wrote:
Tue Apr 03, 2018 10:34 pm
delamer wrote:
Tue Apr 03, 2018 10:12 pm


Now if you wanted to sell your current home and relocate to the Florida condo, that could be a good move.
Third this.

What's your approximate income to put the rest in perspective?
I agree.
by student
Mon Apr 02, 2018 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Looking at houses... Realistic price range?
Replies: 21
Views: 3172

Re: Looking at houses... Realistic price range?

I have seen many of your posts and I know you LBYM. I think you can afford a $300,000 house. I remember you had a bad experience in your first house so you probably know what to look for this time.
by student
Mon Apr 02, 2018 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA advice
Replies: 27
Views: 1131

Re: Traditional IRA advice

As you have found out and confirmed by others that the ER for these TIAA funds are not competitive. I would not transfer them though. Instead I would use TIAA Traditional as part of the bond allocation. See, for example, https://www.bogleheads.org/forum/viewtopic.php?t=211688 My friend and I tried ...
by student
Mon Apr 02, 2018 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: How did you file your income taxes?
Replies: 77
Views: 3791

Re: How did you file your income taxes?

I used H&R Block. I usually but either Turbo Tax or H&R Block depending in which one is cheaper.