Search found 1166 matches

by student
Mon Oct 23, 2017 7:07 pm
Forum: Personal Consumer Issues
Topic: Quicken 2018 for Mac and PC Released
Replies: 10
Views: 513

Re: Quicken 2018 for Mac and PC Released

I have dropped Quicken long time ago.
by student
Mon Oct 23, 2017 7:04 pm
Forum: Investing - Theory, News & General
Topic: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]
Replies: 49
Views: 3528

Re: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]

How shocking that a financial institution might wish to refine a rule it principally supports! Here's Ferguson in June of 2016: http://www.thinkadvisor.com/2016/06/23/tiaas-ferguson-breaks-with-rivals-to-support-obama?migration=1&slreturn=1508801703 Let's face it: among some, TIAA is the RCO (Repug...
by student
Mon Oct 23, 2017 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Can a 529 be used for myself? Advantages?
Replies: 2
Views: 198

Re: Can a 529 be used for myself? Advantages?

Please see https://thecollegeinvestor.com/18214/us ... -benefits/

Are you doing this for self gratification or for a pay raise? If it is for a pay raise, have you done a cost analysis yet?
by student
Mon Oct 23, 2017 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Urgent! Heading to ER, surprise bills
Replies: 37
Views: 2522

Re: Urgent! Heading to ER, surprise bills

Sorry to hear this. Best wishes. I will bite my tongue and not comment on the health system here. Please follow the advice. Put the computer/phone/device down, shut it off, and focus on your health. :!: Please don't delay any evaluation or treatment because of network membership concerns, please ! I...
by student
Mon Oct 23, 2017 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Wife has 403(b)'s with multiple ex employers what to do?
Replies: 2
Views: 170

Re: Wife has 403(b)'s with multiple ex employers what to do?

I would suggest rolling over to a brokerage firm to take advantage of transfer bonus if you are willing to buy ETF's instead of mutual funds. See https://www.bogleheads.org/forum/viewtopic.php?f=10&t=196884&newpost=3585718&view=unread#unread Merrill Edge is good due to its preferred rewards. https:/...
by student
Mon Oct 23, 2017 5:38 pm
Forum: Investing - Theory, News & General
Topic: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]
Replies: 49
Views: 3528

Re: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]

As Ferguson points out, TIAA supported the fiduciary rule. "Contrary to the false assertion in the New York Times article, we were one of the few financial firms to support the fiduciary rule. This support included testimony to the Department of Labor and seven letters of support to the department....
by student
Mon Oct 23, 2017 5:32 pm
Forum: Investing - Theory, News & General
Topic: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]
Replies: 49
Views: 3528

Re: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]

As Ferguson points out, TIAA supported the fiduciary rule. "Contrary to the false assertion in the New York Times article, we were one of the few financial firms to support the fiduciary rule. This support included testimony to the Department of Labor and seven letters of support to the department....
by student
Mon Oct 23, 2017 4:52 pm
Forum: Investing - Theory, News & General
Topic: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]
Replies: 49
Views: 3528

Re: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]

As Ferguson points out, TIAA supported the fiduciary rule. "Contrary to the false assertion in the New York Times article, we were one of the few financial firms to support the fiduciary rule. This support included testimony to the Department of Labor and seven letters of support to the department....
by student
Mon Oct 23, 2017 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding Transfer Fee---Will this work?
Replies: 15
Views: 1310

Re: Avoiding Transfer Fee---Will this work?

Here is a good list of banks regarding their transfer fees. It seems that BoA is not alone.

https://www.nerdwallet.com/blog/banking ... ks-online/
by student
Mon Oct 23, 2017 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds at Age 50?
Replies: 15
Views: 1032

Re: Bonds at Age 50?

I had about 65% Stock, 28% Fixed Income and 7% Cash when I was 50.
by student
Mon Oct 23, 2017 10:09 am
Forum: Investing - Theory, News & General
Topic: Are the new SSGA funds at TDA actually proper replacements?
Replies: 3
Views: 185

Re: Are the new SSGA funds at TDA actually proper replacements?

I view VTI and SPTM are sufficiently close. Since it is market cap based, the performance in the long run should be very close.
by student
Mon Oct 23, 2017 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Is it ok to have 100% stocks, 15 years+
Replies: 46
Views: 2386

Re: Is it ok to have 100% stocks, 15 years+

I agree with others who said this is personal. I would not do it based on the size of the portfolio and my risk tolerance. My own personal number would be 60%-70%.
by student
Sun Oct 22, 2017 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for multiple sets of eyes to review
Replies: 10
Views: 722

Re: Looking for multiple sets of eyes to review

I suggest that you take a look at the health of your pension plan. For example, take a look here to see whether they have any info about your plan. http://publicplansdata.org/
by student
Sun Oct 22, 2017 9:49 pm
Forum: Personal Consumer Issues
Topic: Hacked Router or ASUS website or other?
Replies: 6
Views: 487

Re: Hacked Router or ASUS website or other?

Someone smart enough to hack the router's microcode (and possibly the hardware) would most likely have also been smart enough to repackage the router so it looked new and unopened. Having said that if I opened a router box and it obviously looked used or returned, I would return it and get a new ro...
by student
Sun Oct 22, 2017 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: 3-fund of SPDRs is better than of Vanguard ETF (lower ER)?
Replies: 13
Views: 1057

Re: 3-fund of SPDRs is better than of Vanguard ETF (lower ER)?

Thanks for posting this. Now that TD dumped Vanguard, I've been having the same question over the past few days. Are you referring to TD Ameritrade? I don't understand. I just checked its website, it is still free to trade 32 Vanguard ETF's. They will be coming off of the commission-free list on No...
by student
Sun Oct 22, 2017 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Help! - New Believer and overwhelmed
Replies: 20
Views: 2183

Re: Help! - New Believer and overwhelmed

To me, she has too much invested in real estate. I agree with my name above.
by student
Sun Oct 22, 2017 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: 3-fund of SPDRs is better than of Vanguard ETF (lower ER)?
Replies: 13
Views: 1057

Re: 3-fund of SPDRs is better than of Vanguard ETF (lower ER)?

Burke45 wrote:
Sun Oct 22, 2017 5:05 pm
Thanks for posting this. Now that TD dumped Vanguard, I've been having the same question over the past few days.
Are you referring to TD Ameritrade? I don't understand. I just checked its website, it is still free to trade 32 Vanguard ETF's.
by student
Sun Oct 22, 2017 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Is TIAA-CREF one of the "good guys"?
Replies: 54
Views: 10188

Re: Is TIAA-CREF one of the "good guys"?

I ran across this article and was (maybe a little naively) shocked. I always had the impression that TIAA was one of the "good guys". To be fair, I don't know a lot about them except by general reputation and we have no accounts with them. I always associated them with teacher 403b's, and even thou...
by student
Sun Oct 22, 2017 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding Transfer Fee---Will this work?
Replies: 15
Views: 1310

Re: Avoiding Transfer Fee---Will this work?

It is interesting to see that BoA charges $3 for outgoing an ACH transfer and there are so many ways to get around it. So far we have 1) Write yourself a check. You can even deposit it instantly at Ally using an app. 2) Have Ally put the money. 3) Use Bill Pay to pay yourself at Ally. 4) Open an acc...
by student
Sun Oct 22, 2017 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement (mostly TIAA) allocation questions with 20 year horizon and concern about upcoming market volatility
Replies: 14
Views: 495

Re: Retirement (mostly TIAA) allocation questions with 20 year horizon and concern about upcoming market volatility

With a pension like this and assuming that it is secure, you are in very good shape. Any reason plan will work. I echo the suggestion of use FIRECALC.
by student
Sun Oct 22, 2017 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 149
Views: 11128

Re: Does anyone here with net worths north of $1 mil use financial advisors?

I don't use a FA. I have made a lot of sacrifices (such as no vacations until recent years) and LBYM to accumulate this money. I am too cheap to spend 1% per year. I am willing to spend a one-time fee but not on an ongoing basis. I am not even willing to do Vanguard PAS. If I no longer want to manag...
by student
Sun Oct 22, 2017 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Within your context: Do you consolidate a fund when it is 5% or less of total funds/investments and why?
Replies: 20
Views: 937

Re: Within your context: Do you consolidate a fund when it is 5% or less of total funds/investments and why?

I think the main advantage is for convenience. I do agree with others that an investment that is < 5% of your portfolio is unlikely to have a major impact to the overall return, unless it is in something substantially riskier. Having said that, I do have a number of funds that are < 5%. The main rea...
by student
Sun Oct 22, 2017 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions
Replies: 5
Views: 461

Re: Portfolio Questions

With good pension and the size of your savings, I think you are set. My only suggestion is to move your credit union money market account to a high yield online saving accounts from a reputable bank such as Ally or GS.
by student
Sun Oct 22, 2017 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Definiing "liquidity"
Replies: 10
Views: 526

Re: Definiing "liquidity"

To me liquid assets are those that can be easily turned into cash. I agree with the explanation given here. http://www.investopedia.com/ask/answers/032715/what-items-are-considered-liquid-assets.asp I think technically whether an asset is liquid or not is based on the asset itself and not whether it...
by student
Sun Oct 22, 2017 8:35 am
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 98
Views: 5049

Re: How does/can Walmart offer such inexpensive prescriptions?

Interesting thread. I am a family physician and have gone through the process of pricing generic drugs for patients. When you buy them in bulk, as Walmart most certainly does, the cost is really pennies compared to what retail pharmacies charge. What looks like an awesome deal is simply a gimmick a...
by student
Sun Oct 22, 2017 7:37 am
Forum: Investing - Help with Personal Investments
Topic: Best way to Improve TIAA 403b R1
Replies: 15
Views: 1055

Re: Best way to Improve TIAA 403b R1

The TIAA Equity Index Fund is a good substitute for the Vanguard Total Stock Market Index Fund . I use it in my 403b, and I have the Institutional Class ( TIEIX ). Expense Ratios (%) Retail: 0.34 Retirement: 0.30 Premier: 0.20 Advisor: 0.14 Institutional: 0.05 The TIAA Equity Index Fund is usually ...
by student
Sun Oct 22, 2017 7:29 am
Forum: Investing - Theory, News & General
Topic: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]
Replies: 49
Views: 3528

Re: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]

My main complaint with TIAA is the tiered fee approach to 403b's. Our 403b has funds with fee averages at 0.70% because we are an R1 institution. :annoyed I understand that it is annoying for the increase. My understanding is that the change was revenue neutral. R1 ER was increased, R2 ER did not c...
by student
Sat Oct 21, 2017 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Do you worry about linking external accounts?
Replies: 6
Views: 924

Re: Do you worry about linking external accounts?

Linking my checking account to my investment account is fine but I do not link account to an aggregator such as Personal Capital.
by student
Sat Oct 21, 2017 10:30 pm
Forum: Investing - Theory, News & General
Topic: Multiple retirement plans ( two 457 plans)- how much can I contribute
Replies: 2
Views: 241

Re: Multiple retirement plans ( two 457 plans)- how much can I contribute

Do you understand the difference between governmental 457 and non-governmental 457? There are pitfalls for non-governmental. The main one is that prior to distribution, your money is considered assets of your employer and it becomes a problem if your employer goes broke. https://www.bogleheads.org/f...
by student
Sat Oct 21, 2017 10:20 pm
Forum: Personal Consumer Issues
Topic: how often to upgrade phone?
Replies: 44
Views: 2328

Re: how often to upgrade phone?

I normally upgrade every two years when there were contracts to sign at AT&T. My phone is almost two years old but now I am at T-Mobile, so I plan to keep it longer.
by student
Sat Oct 21, 2017 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to Improve TIAA 403b R1
Replies: 15
Views: 1055

Re: Best way to Improve TIAA 403b R1

One way to dampen the high ER of R1 funds is not to use them but only use investments that are independent of R1, R2 and R3 classes, such as TIAA Traditional or TIAA Real Estate, in your overall asset allocation. For the record, I am a big fan of Traditional but not Real Estate although many like bo...
by student
Sat Oct 21, 2017 9:58 pm
Forum: Investing - Theory, News & General
Topic: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]
Replies: 49
Views: 3528

Re: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]

My main complaint with TIAA is the tiered fee approach to 403b's. Our 403b has funds with fee averages at 0.70% because we are an R1 institution. :annoyed I understand that it is annoying for the increase. My understanding is that the change was revenue neutral. R1 ER was increased, R2 ER did not c...
by student
Sat Oct 21, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Transfer of assets from Edward Jones to Vanguard
Replies: 7
Views: 427

Re: Transfer of assets from Edward Jones to Vanguard

SoSuzanne wrote:
Sat Oct 21, 2017 9:08 pm
Yes, IRA and Roth IRA.

Thank you!
There are no tax consequences here. Sell all and transfer the cash to Vanguard.
by student
Sat Oct 21, 2017 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with TIAA CREF funds?
Replies: 28
Views: 1328

Re: What to do with TIAA CREF funds?

I will have to stay with Traditional as it takes 10 years to withdraw it all. It doesn't look like a reason to keep funds in equity accounts as only 5% is in Traditional/Guaranteed. You seem to be a strong advocate for TIAA. Do others agree? I am not sure whether you are referring to me. If so, I a...
by student
Sat Oct 21, 2017 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with TIAA CREF funds?
Replies: 28
Views: 1328

Re: What to do with TIAA CREF funds?

Given that you have R2, I would stay with TIAA if only if you want to make use of TIAA Traditional or TIAA Real Estate. I am a big fan of TIAA Traditional but not so much of TIAA Real Estate.
by student
Sat Oct 21, 2017 7:32 pm
Forum: Investing - Theory, News & General
Topic: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]
Replies: 49
Views: 3528

Re: TIAA Trouble

I just want to mention that I only have one data point but the rep for my university has never called me or emailed me to solicit business. I did email him a few times over the years and he always responded promptly and there were no sales messages in his replies. I met with a TIAA FA before to get...
by student
Sat Oct 21, 2017 9:46 am
Forum: Investing - Theory, News & General
Topic: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]
Replies: 49
Views: 3528

Re: TIAA Trouble

I just want to mention that I only have one data point but the rep for my university has never called me or emailed me to solicit business. I did email him a few times over the years and he always responded promptly and there were no sales messages in his replies.
by student
Sat Oct 21, 2017 9:35 am
Forum: Investing - Help with Personal Investments
Topic: Fixed Annuities Bad Idea?
Replies: 20
Views: 1012

Re: Fixed Annuities Bad Idea?

As other have already mentioned, fixed annuities like SPIAs are good. Variable annuities such as those from TIAA are quite good. I must strongly disagree. Variable Annuities and Fixed index annuities are extremely expensive, complex and usually sold rather than bought. With rare exception, you will...
by student
Sat Oct 21, 2017 8:09 am
Forum: Investing - Theory, News & General
Topic: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]
Replies: 49
Views: 3528

Re: TIAA Trouble

This is alarming. However, Vanguard also has a whistleblower case so I will wait and see.
by student
Sat Oct 21, 2017 8:08 am
Forum: Investing - Help with Personal Investments
Topic: What to do with TIAA CREF funds?
Replies: 28
Views: 1328

Re: What to do with TIAA CREF funds?

Growing much more expensive for some of us and trending away from principles on which they were founded. YMMV. Example: CREF stock fee for R1 is .71%. Was an abrupt increase of something like .50%. CREF Equity Index for R1 jumped to .61%. ... I don't like the direction TIAA CREF has been heading. W...
by student
Sat Oct 21, 2017 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Fixed Annuities Bad Idea?
Replies: 20
Views: 1012

Re: Fixed Annuities Bad Idea?

As other have already mentioned, fixed annuities like SPIAs are good. Variable annuities such as those from TIAA are quite good.
by student
Sat Oct 21, 2017 7:23 am
Forum: Investing - Help with Personal Investments
Topic: Help me help my parents with their retirement investments
Replies: 12
Views: 834

Re: Help me help my parents with their retirement investments

You did not mention pension. They do have one via TRS, correct? If this is the case, then they have pension, tenure and 1.5 millions. I think they are all set with any reasonable allocation. If they are not interested in managing the investment, just picking the lowest cost target fund.
by student
Sat Oct 21, 2017 7:17 am
Forum: Investing - Help with Personal Investments
Topic: UC employee seeks portfolio advice for first time
Replies: 5
Views: 412

Re: UC employee seeks portfolio advice for first time

If you are a UC employee, then you have a pension, right? http://ucnet.universityofcalifornia.edu ... index.html I assume you were hired before 2013, and the deal is particularly good.
by student
Sat Oct 21, 2017 7:01 am
Forum: Investing - Help with Personal Investments
Topic: Where to park $100,000 safely for 2-3 years?
Replies: 17
Views: 2379

Re: Where to park $100,000 safely for 2-3 years?

If the time frame is 2-3 years, I think the only choice is a high yield saving account such as Ally or GS, or a 2-year CD with low early termination penalty at the same type of institutions.
by student
Sat Oct 21, 2017 6:47 am
Forum: Investing - Help with Personal Investments
Topic: What to do with TIAA CREF funds?
Replies: 28
Views: 1328

Re: What to do with TIAA CREF funds?

What funds are available? If you have access to institutional mutual funds, then stay at TIAA as they have low ER. For example, equity index is 0.05%. If you only have access to variable annuities, then I will likely move if it is R1, think more about it if it is R2, stay if it is R3. I like TIAA Tr...
by student
Fri Oct 20, 2017 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Questions
Replies: 13
Views: 875

Re: TIAA Questions

I’m following what was written above, but I see that with the two funds I listed, one was under the variable annuity and the other under the access annuity. I believe the difference is that the variable annuity is an annuity, the access one I can choose to make an annuity later on. I will review al...
by student
Fri Oct 20, 2017 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Questions
Replies: 13
Views: 875

Re: TIAA Questions

We have been told that EITHER of these (or any other of the assorted "mutual funds" or "variable annuities") can be annuitized. So... it seems that the distinction between "variable annuities" and "mutual funds" is a bit of an historical leftover. (If not, I'm even more befuddled about why there ar...
by student
Fri Oct 20, 2017 7:16 am
Forum: Investing - Help with Personal Investments
Topic: Question about Personal Capital
Replies: 18
Views: 1453

Re: Question about Personal Capital

Do you enter the data yourself or have it pull the info? If you enter it yourself, perhaps you can just divide everything by 10.