Search found 4732 matches

by mptfan
Thu Dec 13, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 378
Views: 36673

Re: What types of jobs do Bogleheads have?

mancich wrote:
Thu Dec 13, 2018 5:15 am
Worked in a grocery store during high school and college. Then went to work for Megacorp, 29 years ago, in the CPG industry. Still there, and working as a Sales Director.
What is the CPG industry?
by mptfan
Wed Dec 12, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 63
Views: 4763

Re: Lyft driver got into an accident, but denies it

Does the Lyft app record a start time and end time for the ride? If so, perhaps you could point to that as being abnormally long and the reason for that is the accident the driver denies having. This. Lyft's data will absolutely show this and corroborate your story. The Lyft driver will likely clai...
by mptfan
Wed Dec 12, 2018 12:47 pm
Forum: Forum Issues and Administration
Topic: How do I delete my account?
Replies: 13
Views: 5647

Re: How do I delete my account?

onthecusp wrote:
Wed Dec 12, 2018 12:41 pm
Who were we talking about?
:confused
There was a poster on Boglheads once who went by pejp, but he hasn't posted for a long time and no one knows what happened.
by mptfan
Wed Dec 12, 2018 11:13 am
Forum: Investing - Theory, News & General
Topic: So Much Red [in cost basis of taxable accounts]
Replies: 26
Views: 2435

Re: So Much Red

I deal with it by doing nothing. The year to date return of the Vanguard total stock market fund is -.22%, that's almost exactly even compared to where it was a year ago. What's the issue?
by mptfan
Tue Dec 11, 2018 3:29 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 525
Views: 53360

Re: What frugal thing did you do today?

bryansmile wrote:
Mon Dec 10, 2018 10:28 pm
Come on people, do you really feel ok sharing a washer/dryer with others? Are you not disgusted with what's on stranger's undies?
Yes, I'm really ok with it, and no, I'm not disgusted by it. I think some people are just irrationally squeamish.
by mptfan
Mon Dec 10, 2018 3:52 pm
Forum: Investing - Theory, News & General
Topic: Why are Fidelity's Target Date Funds So expensive?
Replies: 16
Views: 1479

Re: Why are Fidelity's Target Date Funds So expensive?

fortfun wrote:
Mon Dec 10, 2018 3:36 pm
With retirement on the horizon (5-10 years), and all of the market fluctuation, I've become a bit nervous lately.
The market always fluctuates. Has there been a time when it did not?
by mptfan
Mon Dec 10, 2018 12:13 pm
Forum: Investing - Theory, News & General
Topic: Article: Your love of index funds is terrible for our economy
Replies: 59
Views: 6246

Article: Your love of index funds is terrible for our economy

There is an opinion piece published today in Marketwatch with the title "Your love of index funds is terrible for our economy." Vanguard’s John Bogle didn’t know it at the time, but when he created the first index fund in 1975 he unleashed a monster. Stock index funds have grown so popular that they...
by mptfan
Sun Dec 09, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: Do long-term bonds belong in one's portfolio?
Replies: 159
Views: 7821

Re: Do long-term bonds belong in one's portfolio?

HEDGEFUNDIE wrote:
Sat Dec 08, 2018 9:15 am
I agree with all three of your points and they are why my bond allocation is 100% EDV
What is EDV?
by mptfan
Fri Dec 07, 2018 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about protecting Premarital Assets
Replies: 21
Views: 1950

Re: Questions about protecting Premarital Assets

Personally I still like the idea of moving from #2 to #3 and think it is more protective than your suggestion. If the monies are truly for the couple (co-mingled), then they should always come out of #3. If you pay from #2 - then it is no different than #3. It is now being used to pay assets for th...
by mptfan
Fri Dec 07, 2018 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Questions about protecting Premarital Assets
Replies: 21
Views: 1950

Re: Questions about protecting Premarital Assets

From the info I've unearthed over the years, keeping assets separate is a good idea. I would create an intermediary account to ensure separation, For example, 1- Your pre-married assets 2- A checking account in your name. 3- Your co-mingled assets, checking accounts, etc. If you need to pay bills a...
by mptfan
Mon Dec 03, 2018 11:16 pm
Forum: Investing - Help with Personal Investments
Topic: Selling mutual fund shares inside brokerage account - direct transfer to checking?
Replies: 1
Views: 170

Selling mutual fund shares inside brokerage account - direct transfer to checking?

What is the easiest way to transfer the proceeds of a sale of mutual fund shares held inside a Vanguard brokerage account to an outside checking or outside brokerage account? Let's say I own shares of VTSAX inside of a Vanguard brokerage account and I want to sell $10,000 of the fund and transfer th...
by mptfan
Sun Dec 02, 2018 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Automatic Withdrawal feature - how does it work?
Replies: 1
Views: 354

Vanguard Automatic Withdrawal feature - how does it work?

Does anyone use the Vanguard automatic withdrawal feature to automatically transfer funds on a monthly basis from a Vanguard brokerage account (not a mutual fund account) to their bank account or other account outside of Vanguard? I would like to know how this feature works...do you tell Vanguard to...
by mptfan
Sat Dec 01, 2018 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Using PersonalCapital, Mint, etc.... - and fraud concerns
Replies: 46
Views: 7912

Re: Using PersonalCapital, Mint, etc.... - and fraud concerns

The general issue with arbitration clauses is well known. But I do not believe that a company could successfully enforce a provision of an arbitration agreement on an issue where Federal regulations specifically say they may not. In this case, the banking regulation expert quoted in the article poi...
by mptfan
Sat Dec 01, 2018 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Using PersonalCapital, Mint, etc.... - and fraud concerns
Replies: 46
Views: 7912

Re: Using PersonalCapital, Mint, etc.... - and fraud concerns

Furwut, Yes there are laws that protect consumers on the books. But here is the rub...in most cases consumers cannot go to court to enforce those laws due to mandatory binding arbitration clauses that are buried in account agreements. I know you may not think that is the way it is, or that it should...
by mptfan
Sat Dec 01, 2018 7:10 am
Forum: Personal Finance (Not Investing)
Topic: Using PersonalCapital, Mint, etc.... - and fraud concerns
Replies: 46
Views: 7912

Re: Using PersonalCapital, Mint, etc.... - and fraud concerns

I am not a lawyer, but based on a few interactions with attorneys on corporate liability cases, I think the attorneys representing a customer who was not reimbursed for fraud would have a field day in court when questioning the representative from the financial institution. As you said, you are not...
by mptfan
Sat Dec 01, 2018 6:47 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Online Account Access for Spouse
Replies: 23
Views: 1363

Re: Vanguard Online Account Access for Spouse

My understanding is you can't impersonate your spouse. if you use their credentials, that is what you are doing. if you call in and use their information to identify yourself, you are impersonating them.. etc. also unless your a lawyer, and unless you know better, how have you proven that using you...
by mptfan
Fri Nov 30, 2018 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Using PersonalCapital, Mint, etc.... - and fraud concerns
Replies: 46
Views: 7912

Re: Using PersonalCapital, Mint, etc.... - and fraud concerns

I am not a lawyer, but based on a few interactions with attorneys on corporate liability cases, I think the attorneys representing a customer who was not reimbursed for fraud would have a field day in court when questioning the representative from the financial institution. As you said, you are not...
by mptfan
Fri Nov 30, 2018 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: Chase credit card - manage two accounts with one login?
Replies: 10
Views: 596

Re: Chase credit card - manage two accounts with one login?

I imagine something like Mint might work similarly so you don't have to login to both accounts to see activity every time. That's a good idea, but then I would have to create another login and password for Mint. :oops: I understand the benefit of Mint...you only log in once and you see multiple acc...
by mptfan
Fri Nov 30, 2018 11:18 pm
Forum: Personal Consumer Issues
Topic: 11/28 Today Only, buy a phone on Google FI and get travel gift card of same value
Replies: 91
Views: 4793

Re: 11/28 Today Only, buy a phone on Google FI and get travel gift card of same value

When did you contact them or initially attempt to contact them? According to their notice, it says... For those of you that purchased a device as a part of our Black Friday promotion (on fi.google.com: November 23rd - November 27th; or on store.google.com: November 22rd - November 27th) and attempte...
by mptfan
Fri Nov 30, 2018 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Chase credit card - manage two accounts with one login?
Replies: 10
Views: 596

Re: Chase credit card - manage two accounts with one login?

No. They are not going to let you access someone else's credit card account with your login. Vanguard has that feature because people sometimes have a financial advisor, children or whatever manage their investments. Thanks for your response, I appreciate it, and I suspected that was the case. I un...
by mptfan
Fri Nov 30, 2018 10:53 pm
Forum: Personal Consumer Issues
Topic: 11/28 Today Only, buy a phone on Google FI and get travel gift card of same value
Replies: 91
Views: 4793

Re: 11/28 Today Only, buy a phone on Google FI and get travel gift card of same value

Yes. If she bought during the Black Friday/Cyber Monday sales period via Google Fi, she can get either $499 (if she bought a 3 XL 64 Gb) or $599 (if she bought a 3 XL 128 Gb) in additional Google Fi service credits. Thank you very much, that is wonderful news! Did you contact customer service by ch...
by mptfan
Fri Nov 30, 2018 10:40 pm
Forum: Personal Consumer Issues
Topic: 11/28 Today Only, buy a phone on Google FI and get travel gift card of same value
Replies: 91
Views: 4793

Re: 11/28 Today Only, buy a phone on Google FI and get travel gift card of same value

I was one of those who ordered a Pixel 3 a few days earlier during their Black Friday/Cyber Monday sell. I finally got through to Google Fi Customer Service (via chat) and they'll be crediting me with $399 worth of additional Google Fi service credit. In effect, I'll be getting a "free" (if ignorin...
by mptfan
Fri Nov 30, 2018 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Chase credit card - manage two accounts with one login?
Replies: 10
Views: 596

Chase credit card - manage two accounts with one login?

I have the Amazon Prime Rewards Visa Signature card issued by Chase, and my significant other also has the same card. We each have an account on Chase.com to manage each card. Is it possible for me to be able to manage both accounts using only my login? I am aware that my SO can make me an authorize...
by mptfan
Fri Nov 30, 2018 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Online Account Access for Spouse
Replies: 23
Views: 1363

Re: Vanguard Online Account Access for Spouse

The article that you cited says nothing about it being against the law for a spouse to access a spouse's account. The article refers to the situation where one spouse becomes incapacitated and that having a power of attorney would be useful in that situtuation. I think it is irresponsible for you to...
by mptfan
Fri Nov 30, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: The first million?
Replies: 36
Views: 5483

Re: The first million?

Admiral wrote:
Fri Nov 30, 2018 9:56 am
What's so special about $1 million?
Because it is a nice round number that has so many zeroes.
:D
by mptfan
Fri Nov 30, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: Where do the losses in HY show up? [High Yield bonds]
Replies: 62
Views: 4629

Re: Where do the losses in HY show up?

I think taking risk in bonds is a little silly. I just do it for a slight bit more diversification. If you are going to take risk, get the higher returns in equity. I have never understood this argument. Taking huge risks in equity is ok, but taking some risk with bonds is not? Where is that writte...
by mptfan
Fri Nov 30, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: Where do the losses in HY show up? [High Yield bonds]
Replies: 62
Views: 4629

Re: Where do the losses in HY show up?

Regardless, the common wisdom is that the expected return would be higher by using a safer bond fund and increasing the equity allocation a bit, since the correlation between high-yield corporate and stocks is much higher than that between safer bond funds and stocks. I disagree that this is the "c...
by mptfan
Fri Nov 30, 2018 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Online Account Access for Spouse
Replies: 23
Views: 1363

Re: Vanguard Online Account Access for Spouse

she will need to get online access to that account under her own ID.. it is against the law for you to use her account. What law is that? maybe not the law, but i believe it is in the account access agreement that you "click through" with vanguard, that you won't provide your account information to...
by mptfan
Fri Nov 30, 2018 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Online Account Access for Spouse
Replies: 23
Views: 1363

Re: Vanguard Online Account Access for Spouse

Soon2BXProgrammer wrote:
Fri Nov 30, 2018 9:46 am
she will need to get online access to that account under her own ID.. it is against the law for you to use her account.
What law is that?
by mptfan
Fri Nov 30, 2018 10:16 am
Forum: Personal Consumer Issues
Topic: How do Bogleheads justify taking vacation?
Replies: 102
Views: 4391

Re: How do Bogleheads justify taking vacation?

AndroAsc wrote:
Thu Nov 29, 2018 10:43 pm
Can fellow Bogleheads and financially prudent people explain how do you justify taking vacation?
I don't feel the need to justify taking vacation. It's something I enjoy doing, and I can afford to do it while living within my means, so I do it.
by mptfan
Fri Nov 30, 2018 7:43 am
Forum: Personal Consumer Issues
Topic: How do Bogleheads justify taking vacation?
Replies: 102
Views: 4391

Re: How do Bogleheads justify taking vacation?

Soon2BXProgrammer wrote:
Thu Nov 29, 2018 10:50 pm
happy wife, happy life..
Happy husband, happy life.
by mptfan
Thu Nov 29, 2018 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Money Market Funds for everyday expenses
Replies: 69
Views: 11490

Re: Fidelity Money Market Funds for everyday expenses

However I don't recommend the CMA as a main checking account anymore after having some issues related to the partner bank (checks bouncing due to a routing mixup under the hood). That's because the Fidelity CMA account is not a checking account, it is a brokerage account. I understand that in many ...
by mptfan
Thu Nov 29, 2018 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce [financial implications]
Replies: 109
Views: 14324

Re: Divorce

I am not a lawyer, but I am not sure they deserve all the blame for making the process contentious. Divorce lawyers have a conflict of interest; they make more money when the divorce is contentious. Not necessarily, it depends on the fee agreement. Some lawyers are paid based on a flat rate for eac...
by mptfan
Thu Nov 29, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: 11/28 Today Only, buy a phone on Google FI and get travel gift card of same value
Replies: 91
Views: 4793

Re: 11/28 Today Only, buy a phone on Google FI and get travel gift card of same value

I took advantage of the Project Fi (now Google Fi apparently) Black Friday deal for a Pixel 3 ($200 off the phone, and $200 Project Fi credit). Now I'm seeing this better deal. I get why they're doing this to create some buzz for the rebranding to Google Fi. But come on Google, not fair! I don't th...
by mptfan
Thu Nov 29, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Question
Replies: 26
Views: 1362

Re: Credit Card Question

Exactly, I find it bizarre that people on this forum would be the forgetful type in regards to personal finance and accounts. I think you are missing what I am saying. I am not the forgetful type in regards to personal finance and accounts, quite the opposite, I tend to be obsessive about checking ...
by mptfan
Thu Nov 29, 2018 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Question
Replies: 26
Views: 1362

Re: Credit Card Question

JackoC wrote:
Thu Nov 29, 2018 11:23 am
Forgetting to pay is not a good reason to cancel a card: you just set them on autopay and that risk basically disappears.
That introduces a new risk...that your checking account gets auto debited for fraudulent or unauthorized charges that you missed because you set up autopay.
by mptfan
Thu Nov 29, 2018 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Question
Replies: 26
Views: 1362

Re: Credit Card Question

How someone can pay such close attention to their investments (Bogelheads) and not set their checking, savings, and credit card accounts up with alerts is beyond me. I do pay close attention to my accounts. The point is I choose not to use my mental energy to pay close attention to dormant accounts...
by mptfan
Thu Nov 29, 2018 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Question
Replies: 26
Views: 1362

Re: Credit Card Question

Your bigger risk is to lose track of this account and pay a late fee or finance charge. Also is the mental energy to manage an additional account. It just is not worth it. Agreed. Not to mention the risk of the card being compromised or hacked and you forget to check the statement or miss it becaus...
by mptfan
Tue Nov 27, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Employeer taking vacation days on public holidays - is this legal or normal?
Replies: 99
Views: 7418

Re: Employeer taking vacation days on public holidays - is this legal or normal?

I am aware that companies are allowed to set conditions around paid holidays i.e. you must work the day before to receive pay for a holiday. But I've never heard they are allowed to mandate use of a PTO day for a day they wouldn't be allowed to work anyway. That's the part that sounds iffy. The com...
by mptfan
Tue Nov 27, 2018 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Employeer taking vacation days on public holidays - is this legal or normal?
Replies: 99
Views: 7418

Re: Employeer taking vacation days on public holidays - is this legal or normal?

KyleAAA wrote:
Tue Nov 27, 2018 3:47 pm
I don't see the justification for debiting a vacation day for a holiday when your wife would be unable to work anyway due to the office being closed.
No justification is required. This is not a legal issue, this is a supply and demand issue to be decided in the employment marketplace.
by mptfan
Tue Nov 27, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Employeer taking vacation days on public holidays - is this legal or normal?
Replies: 99
Views: 7418

Re: Employeer taking vacation days on public holidays - is this legal or normal?

This is bizarre. I've never heard of this before. I don't think the issue here is whether or not employers are required to provide paid holidays. Rather, the issue is selectively granting a paid holiday to some employees and not others based on arbitrary, unrelated criteria. If the policy applies t...
by mptfan
Tue Nov 27, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Employeer taking vacation days on public holidays - is this legal or normal?
Replies: 99
Views: 7418

Re: Employeer taking vacation days on public holidays - is this legal or normal?

I don’t think there is a law that private employers have to give people public holidays off. Yep there is no law that says public holidays have to be paid. This is correct. There is no law that requires private employers to give paid time off for public holidays, or at any time for that matter. Pai...
by mptfan
Mon Nov 26, 2018 4:46 pm
Forum: Investing - Theory, News & General
Topic: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October after
Replies: 58
Views: 5325

Re: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October a

UpperNwGuy wrote:
Mon Nov 26, 2018 4:44 pm
When Fidelity made its announcement on August 1, I applauded them for putting some competition into the industry. They have certainly succeeded.
Some competition was put into the industry in 1974 when John Bogle founded Vanguard.
by mptfan
Mon Nov 26, 2018 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Inheriting accounts as a beneficiary - potential issues and practical tips?
Replies: 32
Views: 2176

Re: Inheriting accounts as a beneficiary - potential issues and practical tips?

not4me wrote:
Mon Nov 26, 2018 4:19 pm
I believe I've heard some states don't let brokerage accounts get released either & maybe until state tax folks say they are satisfied as well on possible estate tax (realizing again that is state specific & not so much on "bank" accounts)?
I've never heard of that, do you have a citation?
by mptfan
Mon Nov 26, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Inheriting accounts as a beneficiary - potential issues and practical tips?
Replies: 32
Views: 2176

Re: Inheriting accounts as a beneficiary - potential issues and practical tips?

In the case of a funeral, the event won't happen unless the funeral home has been paid. They've been through this before, they are not going to try to file a claim against the estate and fight with the heirs and attorneys, they are going to get paid up front. If your heirs just want to cremate your...
by mptfan
Mon Nov 26, 2018 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Inheriting accounts as a beneficiary - potential issues and practical tips?
Replies: 32
Views: 2176

Re: Inheriting accounts as a beneficiary - potential issues and practical tips?

It won't be just a "beneficiary" getting death certificates and approaching these financial institutions, especially if you have multiple beneficiaries. It will probably be the person named in your will (you have one, right?) as executor, who will go to probate court to get official permission to a...
by mptfan
Mon Nov 26, 2018 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Inheriting accounts as a beneficiary - potential issues and practical tips?
Replies: 32
Views: 2176

Re: Inheriting accounts as a beneficiary - potential issues and practical tips?

We have two cases pending in the courts where real estate passed directly to multiple beneficiaries who don't agree. The legal fees have been many times what they would have been if the decedents had done what I described above rather than the simple approach of having assets pass directly to multi...
by mptfan
Mon Nov 26, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Inheriting accounts as a beneficiary - potential issues and practical tips?
Replies: 32
Views: 2176

Re: Inheriting accounts as a beneficiary - potential issues and practical tips?

... It won't be just a "beneficiary" getting death certificates and approaching these financial institutions, especially if you have multiple beneficiaries. It will probably be the person named in your will (you have one, right?) as executor, who will go to probate court to get official permission ...
by mptfan
Mon Nov 26, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Inheriting accounts as a beneficiary - potential issues and practical tips?
Replies: 32
Views: 2176

Re: Inheriting accounts as a beneficiary - potential issues and practical tips?

... if one of the beneficiaries does not want to contribute to the debts, taxes and expenses then I suppose there is nothing that can be done to force them to pay if they receive their inheritance as direct account beneficiaries as opposed to through probate. But that assumes that a direct account ...