Search found 1816 matches

by SlowMovingInvestor
Sat Jan 25, 2020 8:29 pm
Forum: Investing - Theory, News & General
Topic: Does Fidelity or Schwab have an online community comparable to Boglehead.org?
Replies: 47
Views: 5215

Re: Does Fidelity or Schwab have an online community comparable to Boglehead.org?

Cheez-It Guy wrote: Sat Jan 25, 2020 8:27 pm One could be forgiven for mistakenly thinking they'd stumbled upon Schwabheads.org
You mean ChuckHeads and AbbyHeads :wink:
by SlowMovingInvestor
Sat Jan 25, 2020 8:27 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Visualizer Going Subscription
Replies: 125
Views: 9750

Re: Portfolio Visualizer Going Subscription

I haven't used some of the more fancy features of Portfolio Visualizer, but I'm still surprised how dazzlingly fast it is at retrieving and processing data -- even doing things like Monte Carlo simulations. Broker sites sometimes aren't anywhere near as fast (true, they get more traffic, but they al...
by SlowMovingInvestor
Sat Jan 25, 2020 11:00 am
Forum: Investing - Theory, News & General
Topic: TIPS as part of fixed income allocation
Replies: 38
Views: 3150

Re: TIPS as part of fixed income allocation

I don't own any, and if I started now, assuming even a modest 5% portfolio growth per year, I'd never be able to allocate more than low single digit percentages to I-bonds due to the annual purchase limits. If it were possible to keep an I-Bond portfolio outside Treasury Direct, and move it between...
by SlowMovingInvestor
Sat Jan 25, 2020 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance cost
Replies: 98
Views: 7164

Re: Umbrella insurance cost

When we had it, we paid about $96/year for $1 million. $1,200/year for $2 million seems absurdly expensive. Considering that all of our investments are protected by federal and/or state law from creditors, only a portion of our home equity is exposed. As such, we no longer carry any umbrella insura...
by SlowMovingInvestor
Fri Jan 24, 2020 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: HSA receipts
Replies: 64
Views: 3822

Re: HSA receipts

If you don't have the receipts then you can't really make the tax-exempt withdrawal. Or you could take it and take the chance of an audit. HSA providers don't require proof of medical expense for a withdrawal? No, it’s not like a Flexible Spending Account where you have to submit receipts to your p...
by SlowMovingInvestor
Fri Jan 24, 2020 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: HSA receipts
Replies: 64
Views: 3822

Re: HSA receipts

The whole HSA receipts recordkeeping seems really wide open for fraud. Because there doesn't really seem to be any way to prevent someone from double or triple counting receipts. Especially if one is saving old electronic ones. Use a stash of old receipts to support an HSA withdrawal in 2015. Then ...
by SlowMovingInvestor
Fri Jan 24, 2020 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Review: Mark Zoril - Planvisionmn
Replies: 40
Views: 2921

Re: Review: Mark Zoril - Planvisionmn

Question about end user access to eMoney via Mr. Zoril or another advisor. Is your information saved on eMoney's back end platform (including tokens/auth keys etc. to access other accounts) ? Or is this a desktop tool like desktop Quicken ? I'm guessing web based/mobile app with info stored in eMone...
by SlowMovingInvestor
Fri Jan 24, 2020 6:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Brokerage: Admiral to ETF Conversion
Replies: 23
Views: 1980

Re: Vanguard Brokerage: Admiral to ETF Conversion

2. If you convert noncovered Admiral shares, the resulting ETF shares are noncovered, and Vanguard will continue to report average cost basis to you (not the IRS). No surprise here. actually, my recollection is that when I converted, I got specific cost basis for some noncovered Admiral shares back...
by SlowMovingInvestor
Thu Jan 23, 2020 7:44 pm
Forum: Personal Investments
Topic: Is there a go-to Muni bond ETF for tax free state?
Replies: 8
Views: 606

Re: Is there a go-to Muni bond ETF for tax free state?

Thank you! I'm going to keep VTEB and MEB in my spreadsheet. Do I understand correctly that this pair can be used for tax loss harvesting? They follow the same index, so I would say not. Betterment uses MUB as it's primary muni ETF and TLHs using another ETF TFI (which follows a different index). B...
by SlowMovingInvestor
Thu Jan 23, 2020 6:54 pm
Forum: Personal Investments
Topic: Is there a go-to Muni bond ETF for tax free state?
Replies: 8
Views: 606

Re: Is there a go-to Muni bond ETF for tax free state?

https://www.whitecoatinvestor.com/asset-location-bonds-go-in-taxable/ If you're putting muni bonds in a taxable account (TD Ameritrade), is there a go-to ETF or fund if you live in a state with no income tax? I've seen discussion on VTEB, MUB for ETFs and VWITX, SNTIX for mutual funds. Anything bet...
by SlowMovingInvestor
Thu Jan 23, 2020 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance cost
Replies: 98
Views: 7164

Re: Umbrella insurance cost

I hate to say it, but all of these price comparisons are meaningless since Umbrella/Excess Liability policies ARE NOT STANDARDIZED! You can not tell if the prices quoted are for a Yugo-type policy or a Mercedes-type policy. This obviously impacts your premium in addition to normal rating factors su...
by SlowMovingInvestor
Thu Jan 23, 2020 12:38 pm
Forum: Personal Investments
Topic: Vanguard fund -> ETF conversion outside Vanguard?
Replies: 5
Views: 489

Re: Vanguard fund -> ETF conversion outside Vanguard?

I doubt it's possible, frankly. This is a non standard process, and would likely require manual work. Even when done at VG, there used to be occasional glitches in conversion. Move to VG via ACATS, convert and move back via ACATS. ADDED: Etrade is one of the few firms that offers several VG Admiral...
by SlowMovingInvestor
Thu Jan 23, 2020 12:00 pm
Forum: Personal Investments
Topic: Vanguard fund -> ETF conversion outside Vanguard?
Replies: 5
Views: 489

Re: Vanguard fund -> ETF conversion outside Vanguard?

I doubt it's possible, frankly. This is a non standard process, and would likely require manual work. Even when done at VG, there used to be occasional glitches in conversion. Move to VG via ACATS, convert and move back via ACATS. ADDED: Etrade is one of the few firms that offers several VG Admiral ...
by SlowMovingInvestor
Thu Jan 23, 2020 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance cost
Replies: 98
Views: 7164

Re: Umbrella insurance cost

runner3081 wrote: Thu Jan 23, 2020 8:36 am $230 for 1 year at $1m. 3 people, no teen driver, though we do have a pool.

This policy is separate from home/auto (different company).
If you don't mind answering, which company ? Most companies seem unwilling to offer umbrella unless you have home or auto with them.
by SlowMovingInvestor
Wed Jan 22, 2020 6:47 pm
Forum: Investing - Theory, News & General
Topic: Why Ray Dalio & Bridgewater Associates only hold ETFs and no mutual funds?
Replies: 8
Views: 812

Re: Why Ray Dalio & Bridgewater Associates only hold ETFs and no mutual funds?

I'm wondering if Dalio's funds are using some strategies that rely on ETF pricing mismatches and that's why they have ETFs (likely only for trading purposes, short holding periods).
by SlowMovingInvestor
Wed Jan 22, 2020 6:44 pm
Forum: Investing - Theory, News & General
Topic: Why Ray Dalio & Bridgewater Associates only hold ETFs and no mutual funds?
Replies: 8
Views: 812

Re: Why Ray Dalio & Bridgewater Associates only hold ETFs and no mutual funds?

Q. Can one exchange stock mutual funds over to their ETF twins without a tax event in the Vanguard taxable account? I may do this as I sold ( took profits) some 500, extended market funds today at 1:25 pm when the markets were up, but the markets closed flat by closing time! Moe.. You can, but you ...
by SlowMovingInvestor
Wed Jan 22, 2020 6:01 pm
Forum: Personal Investments
Topic: How bad are these funds?
Replies: 9
Views: 897

Re: How bad are these funds?

Franklin Income fund (41.4) class C. FCISX Franklin Mutual European Fund (9.2) class A. TEMIX Templeton Global Bond Fund (17.9) Calss C. TEGBX Franklin Floating Rate Daily Access Fund (18.6) Class C FCFRX Franklin Income Fund (12.4) Class A. FKIQX Honestly, I don't even understand the rationale of ...
by SlowMovingInvestor
Wed Jan 22, 2020 5:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's new game - has anyone played it?
Replies: 21
Views: 4676

Re: Vanguard's new game - has anyone played it?

I hated the car question too -- just not enough information to make an informed decision. I am not even sure how it ties into the investing theme.
by SlowMovingInvestor
Wed Jan 22, 2020 11:12 am
Forum: Non-US Investing
Topic: [Non-US] What makes iShares so popular? How much does that matter?
Replies: 31
Views: 4865

Re: What makes iShares so popular? How much does that matter?

I didn't know this... so there was a huge first mover advantage? I take it then that State Street and Vanguard went in later Technically State Street was the first with SPY, but IIRC that wasn't exactly a modern ETF because some regulatory and technical issues needed to be worked out. VG is coming ...
by SlowMovingInvestor
Wed Jan 22, 2020 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Review: Mark Zoril - Planvisionmn
Replies: 40
Views: 2921

Re: Review: Mark Zoril - Planvisionmn

Emoney appears to be financial planning software? Is it particularly good? Why is that something one would seek out? Lots of Financial planners use this software for their private clients. It is a very sophisticated tool. As a user I have a certain amount of control over what I can change but Planv...
by SlowMovingInvestor
Tue Jan 21, 2020 7:39 pm
Forum: Personal Investments
Topic: Is ibond always better than taxable?
Replies: 42
Views: 2923

Re: Is ibond always better than taxable?

I started reading seriously about ibonds only 1-2 days back after some threads here. The small amount you can deploy makes them not very attractive to me right now, but I do wish I had considered them in the past.
by SlowMovingInvestor
Tue Jan 21, 2020 7:35 pm
Forum: Personal Investments
Topic: I Refuse to Pay Fidelity .42% for a Money Market Fund
Replies: 22
Views: 3146

Re: I Refuse to Pay Fidelity .42% for a Money Market Fund

jhfenton wrote: Tue Jan 21, 2020 7:28 pm The vast majority of the HSA is invested in an emerging markets ETF.
OT, but why ? Because you think it's the potential highest return investment ? [ I don't necessarily disagree with you, I'm trying to figure out my EM allocation too ]
by SlowMovingInvestor
Tue Jan 21, 2020 5:14 pm
Forum: Personal Investments
Topic: I Refuse to Pay Fidelity .42% for a Money Market Fund
Replies: 22
Views: 3146

Re: I Refuse to Pay Fidelity .42% for a Money Market Fund

At that, Fido's sweep fund at around 1.23% is a heck of a lot better than Schwab, Etrade, TDAM etc. which pay around 0.01%, or maybe 0.02%.

Fido has a premium MM FZDXX that has a slightly better yield (1.58%), but you need 100K to get into the fund. Once you get in, you can draw down below 100K.
by SlowMovingInvestor
Tue Jan 21, 2020 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance NJ
Replies: 6
Views: 455

Re: Umbrella Insurance NJ

I’ve got my Umbrella with NJM - $5 million sitting on top of Auto and Home. All with NJM. Premium is about $1,000 including uninsured/underinsured motorist. Would have been around $700, but needed to include my 23 year old daughter who lives at home. Slightly off topic, but $1000 for auto, home, um...
by SlowMovingInvestor
Tue Jan 21, 2020 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance NJ
Replies: 6
Views: 455

Re: Umbrella Insurance NJ

I often hear about how umbrella insurance should 'cover' your assets, but I've never really understood why there needs to be a direct linkage between assets and coverage. To put it another way, if you have assets of $2M, the issue whether you get cover of $1M or $2M is more an issue on the differing...
by SlowMovingInvestor
Tue Jan 21, 2020 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on moving to Pennsylvania
Replies: 53
Views: 4470

Re: Advice on moving to Pennsylvania

A number of PA cities have taxes on wage income. Pittsburgh and Philadelphia top the list with a tax > 3%.
by SlowMovingInvestor
Tue Jan 21, 2020 12:35 am
Forum: Investing - Theory, News & General
Topic: LA Times on Vanguard Too Big
Replies: 64
Views: 8498

Re: LA Times on Vanguard Too Big

Clever_Username wrote: Sat Jan 18, 2020 5:46 pm Without checking the article, I wonder how much of this is a problem with Vanguard and how much of this is the LA Times (collectively or the author of the article) not understanding how things work.
If it matters, the article is a reprint from the Financial Times.
by SlowMovingInvestor
Mon Jan 20, 2020 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: CPA Question
Replies: 21
Views: 1512

Re: CPA Question

I was thinking the same thing $300 for quarterlies is a ripoff. Without knowing the nature, amount, and timing of the taxpayer's income, you really don't have enough information to make a judgment. For some high-income taxpayers, in some parts of the country, $300 per quarter could be a bargain. Re...
by SlowMovingInvestor
Mon Jan 20, 2020 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: CPA Question
Replies: 21
Views: 1512

Re: CPA Question

This is my situation... I don't usually make the same quarterly payment. Honestly - given today's low interest rates for underpayment, you'd need to underpay by a lot and early in the year for it to cost you more than $1200/year. 5% compounded daily is still worth avoiding. My point wasn't that one...
by SlowMovingInvestor
Mon Jan 20, 2020 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: CPA Question
Replies: 21
Views: 1512

Re: CPA Question

KBREAMK wrote: Mon Jan 20, 2020 3:01 pm
This is my situation... I don't usually make the same quarterly payment.
Honestly - given today's low interest rates for underpayment, you'd need to underpay by a lot and early in the year for it to cost you more than $1200/year.
by SlowMovingInvestor
Mon Jan 20, 2020 5:47 pm
Forum: Personal Investments
Topic: Vanguard PAS Recommendation?
Replies: 47
Views: 3153

Re: Vanguard PAS Recommendation?

It's dated December 2019 and we have not seen previous versions of that document that I recall. I think a lot of what is on that link is intended for the future at Vanguard's PAS. Only some applies to what we have seen in the past (although there was this one out in the weeds portfolio a couple of ...
by SlowMovingInvestor
Mon Jan 20, 2020 5:12 pm
Forum: Personal Investments
Topic: Vanguard PAS Recommendation?
Replies: 47
Views: 3153

Re: Vanguard PAS Recommendation?

I wonder if the portfolios PAS recommends are based on these model portfolios from VG ? https://advisors.vanguard.com/iwe/pdf/FASINVMP.pdf In DIgital Advisor, they only use the four main ETF's. When I had a plan from PAS, it was also only the four main ETFs. I wonder who these model portfolios are ...
by SlowMovingInvestor
Mon Jan 20, 2020 5:08 pm
Forum: Investing - Theory, News & General
Topic: Time to Barbell one's [TIPS]?
Replies: 40
Views: 3873

Re: Time to Barbell one's [TIPS]?

Some good points in favor of I-Bonds, but honestly I want to simplify my accounts over the next 5-7 years. Given the relatively small amount (10K), I think they would not suit me, but I do wish I had invested in them earlier when I might have been more willing to put up with this complexity. If it w...
by SlowMovingInvestor
Mon Jan 20, 2020 4:13 pm
Forum: Investing - Theory, News & General
Topic: Time to Barbell one's [TIPS]?
Replies: 40
Views: 3873

Re: Time to Barbell one's [TIPS]?

I never really considered I-Bonds because of the 10K per person limit. I'm not sure the (admittedly minor) hassle of maintaining a TD account for many years is worth the relatively small amount that can be invested. How much extra/year is one getting over TIPS given the 10K limit ? 10K * 0.07% (0.0...
by SlowMovingInvestor
Mon Jan 20, 2020 3:50 pm
Forum: Investing - Theory, News & General
Topic: Time to Barbell one's [TIPS]?
Replies: 40
Views: 3873

Re: Time to Barbell one's [TIPS]?

Saw this yesterday: https://www.reuters.com/article/us-usa-fed-bullard/the-yield-curves-still-weird-feds-bullard-is-okay-with-that-idUSKBN1ZG1EV The interesting part to me was: ...since last fall policymakers have marked down their estimates of the underlying long-run “neutral” rate of interest to ...
by SlowMovingInvestor
Mon Jan 20, 2020 12:25 pm
Forum: Personal Investments
Topic: New Here Fidelity or Vanguard
Replies: 115
Views: 7345

Re: New Here Fidelity or Vanguard

Morgan Stanley has high fees, my wealthy business owner friend had 2.0 million with them and they charged 50K in 2013 to manage the account, he went with Vanguard since then. OT, but 50K ! That's just routine stuff like financial and tax planning or did it include (say) complex estate or trust mana...
by SlowMovingInvestor
Mon Jan 20, 2020 10:51 am
Forum: Personal Investments
Topic: Betterment vs. Vanguard/Fidelity for IRA
Replies: 2
Views: 260

Re: Betterment vs. Vanguard/Fidelity for IRA

Betterment allows ACATS (electronic transfer of securities) out. In that case you should be able to transfer out without being out of the market at all. I think Betterment uses only ETFs so they should all be transferrable, and with $0 commissions, you can set up your own portfolio OR use Fidelity o...
by SlowMovingInvestor
Mon Jan 20, 2020 10:43 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4897
Views: 937407

Re: What's Your Credit Card Rewards Strategy?

What is bad is if they don't clearly communicate all their rules. I don't want a hit to my credit report (inquiry) if I cannot get the card. Of course clearly communicating their rules makes it easier for people to work around them. Not defending Citi here, but I believe most CC applications say th...
by SlowMovingInvestor
Sun Jan 19, 2020 9:23 pm
Forum: Personal Investments
Topic: Vanguard PAS Recommendation?
Replies: 47
Views: 3153

Re: Vanguard PAS Recommendation?

I wonder if the portfolios PAS recommends are based on these model portfolios from VG ?

https://advisors.vanguard.com/iwe/pdf/FASINVMP.pdf
by SlowMovingInvestor
Sun Jan 19, 2020 9:20 pm
Forum: Personal Investments
Topic: New Here Fidelity or Vanguard
Replies: 115
Views: 7345

Re: New Here Fidelity or Vanguard

Also Vanguard'website has a useful "compare" feature which lets you see a side-by-side comparison of the Vanguard fund you are considering and three other funds, Vanguard or other funds. So does Fidelity, for comparing ETFs (any ETFs). Very detailed info For funds, it shows you other similar funds ...
by SlowMovingInvestor
Sun Jan 19, 2020 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4897
Views: 937407

Re: What's Your Credit Card Rewards Strategy?

My strategy was to open a Barclays World Elite MC to take advantage of an airline companion deal. I closed a similar account with Barclays (diff airline) about 16 months ago. That account was approved rather quickly (FICO 800+), no other debt. This time I received a letter asking me to forward a 45...
by SlowMovingInvestor
Sun Jan 19, 2020 7:28 pm
Forum: Personal Investments
Topic: Vanguard PAS Recommendation?
Replies: 47
Views: 3153

Re: Vanguard PAS Recommendation?

But Fidelity Go doesn't get you a human advisor, while PAS gives you some access to a human advisor, yes ? ADDED: To amend my earlier statement, Fido Go does have some human advisor access, I gather. Fidelity Go deos not have human advisor access. Fidelity Go's advising that includes a human with t...
by SlowMovingInvestor
Sun Jan 19, 2020 7:07 pm
Forum: Personal Investments
Topic: Vanguard PAS Recommendation?
Replies: 47
Views: 3153

Re: Vanguard PAS Recommendation?

The downsides are the 30bps you pay and the forced international bonds. If you don't mind the international bonds, then it's just the 30bps. 38 basis points. While Fidelity Go is actually the 35 basis points they advertise, PAS doesn't count the underlying funds cost in their 30 bps figure. Again, ...
by SlowMovingInvestor
Sun Jan 19, 2020 12:17 pm
Forum: Personal Investments
Topic: Vanguard PAS Recommendation?
Replies: 47
Views: 3153

Re: Vanguard PAS Recommendation?

No downsides I can see, at least for now. The downsides are the 30bps you pay and the forced international bonds. If you don't mind the international bonds, then it's just the 30bps. 38 basis points. While Fidelity Go is actually the 35 basis points they advertise, PAS doesn't count the underlying ...
by SlowMovingInvestor
Sun Jan 19, 2020 10:11 am
Forum: Personal Investments
Topic: [Chase told me they can beat index funds]
Replies: 48
Views: 3994

Re: [Chase told me they can beat index funds]

I gather YouInvest has managed portfolios too at 0.35%, on part with most other robos (except Schwab). If you only wanted access to JP Morgan's Institutional asset allocation models (and didn't need a human advisor), that might be better. ADDED: I assume YouInvest portfolios invests in ETFs. Not sur...
by SlowMovingInvestor
Sat Jan 18, 2020 7:42 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2489
Views: 409173

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Thanks. I've never been at Merrill. I might move $200k for $900. I was hoping to get more ($1200-$1500), but I think I might move $200k and leave the rest of my IRA to transfer elsewhere for another bonus. I've never done that before as I really hate to have 2 IRAs. Long ago I simplified and have 1...
by SlowMovingInvestor
Sat Jan 18, 2020 6:47 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2489
Views: 409173

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Merrill Edge bonus https://www.merrilledge.com/offers/900offer For purposes of this offer, qualifying net new assets are calculated by adding total incoming assets or transfers (including cash, securities and/or margin debit balance transfers) from external accounts, and subtracting assets withdrawn...
by SlowMovingInvestor
Sat Jan 18, 2020 5:12 pm
Forum: Personal Investments
Topic: Why are Vanguard Target Retirement dates tilted toward equities?
Replies: 22
Views: 1587

Re: Why are Vanguard Target Retirement dates tilted toward equities?

I would argue a few points: 2. there is no one optimum recommendation for risk and return. For starters not all 30 year olds have the same need for risk/return (neither do 70 year olds (i.e., Mark Zuckerberg has a different need for risk/return than an entry level 30 year old factory worker, just a...
by SlowMovingInvestor
Fri Jan 17, 2020 8:53 am
Forum: Personal Finance (Not Investing)
Topic: trusting a financial advisor
Replies: 34
Views: 2653

Re: trusting a financial advisor

Soon2BXProgrammer, is that just an illustrative chart, or did you use a specific tool to generate it for a scenario ? If so, what tool ? Thanks ! https://www.rightcapital.com/ Thanks. But that seems to be aimed at pros, and the price for even the cheap version is commensurate with that use. I was h...
by SlowMovingInvestor
Fri Jan 17, 2020 8:47 am
Forum: Personal Finance (Not Investing)
Topic: trusting a financial advisor
Replies: 34
Views: 2653

Re: trusting a financial advisor

OK, the 'financial advisor' did not address my main issue: overview of taxes, capital gains, tax efficiency etc. Instead I got a generic sales pitch. Maybe the place to go is a CPA? I think I am missing out on some tax saving moves. I use Turbo Tax so am not sure, but am certainly happy to hire a C...