Search found 667 matches

by arf30
Thu Aug 08, 2019 7:29 pm
Forum: Investing - Theory, News & General
Topic: Fidelity highlights its better sweep account yields
Replies: 28
Views: 3688

Re: Fidelity is automatically sweeping new clients’ cash into a money fund with a higher yield than what is paid by many

indexfundfan wrote:
Thu Aug 08, 2019 6:40 pm
Actually, there's maybe one change -- the FDIC option in Fidelity's CMA is now a more respectable 1.08% APY. Previously it was sub-1%.
Ah, now that is an interesting change.
by arf30
Thu Aug 08, 2019 6:27 pm
Forum: Investing - Theory, News & General
Topic: Fidelity highlights its better sweep account yields
Replies: 28
Views: 3688

Re: Fidelity is automatically sweeping new clients’ cash into a money fund with a higher yield than what is paid by many

Is there any actual news here? Logging into Fidelity it looks like the brokerage is still sweeping into the same money market funds it always has.
by arf30
Wed Aug 07, 2019 11:45 am
Forum: Personal Investments
Topic: New Jersey taxes
Replies: 58
Views: 3977

Re: New Jersey taxes

Those must be mansions, because everyone I know in NJ is paying 6-10k per year in property taxes, myself included.
by arf30
Mon Aug 05, 2019 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Are Ally ACH transactions always slow?
Replies: 22
Views: 1147

Re: Are Ally ACH transactions always slow?

I've noticed Ally defaults to 3 day ACH unless you meet certain requirements for 1 day. It feels a little outdated compared to my local bank, Fidelity and even Vanguard who seem to do 1 day for me in all situations.
by arf30
Sun Aug 04, 2019 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab as a one stop shop
Replies: 79
Views: 12718

Re: Schwab as a one stop shop

Schwab was excellent but their checking account lacks transaction alerts (or did at the time) which is a deal breaker for us. Customer service was very knowledgeable.
by arf30
Sat Aug 03, 2019 8:12 am
Forum: Personal Investments
Topic: Not sure I could FIRE...boredom might ensue...
Replies: 30
Views: 4166

Re: Not sure I could FIRE...boredom might ensue...

There's two parts to FIRE, having the money to replace your job and having the hobby to replace your job.
by arf30
Fri Aug 02, 2019 1:26 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Complacency
Replies: 77
Views: 6878

Re: Boglehead Complacency

How many handles to the hogshead?
by arf30
Thu Aug 01, 2019 7:16 pm
Forum: Personal Investments
Topic: Vanguard Frustrations - No Free Trades/Matching Offers
Replies: 75
Views: 4359

Re: Vanguard Frustrations - No Free Trades/Matching Offers

It's been pretty widely discussed here that Vanguard is a bare bones, low cost provider, including customer service. The reps probably don't have the ability to waive fees - don't take it personally, just move your funds to a broker that has the features you need. I personally use a combination of V...
by arf30
Thu Aug 01, 2019 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1629
Views: 230780

Re: Fidelity as a one stop shop

Although I use the CMA because I prefer having 1 month of expenses in FDIC, the interest you'll make by using the brokerage instead would probably more than offset any ATM fees redunded by the CMA.
by arf30
Tue Jul 30, 2019 6:05 am
Forum: Personal Consumer Issues
Topic: What's your Uber passenger rating?
Replies: 118
Views: 7559

Re: What's your Uber passenger rating?

4.62 - I only use it to go to places drivers hate like the airport or into the city.
by arf30
Wed Jul 17, 2019 6:55 am
Forum: Investing - Theory, News & General
Topic: [Merrill Lynch charges high fees]
Replies: 43
Views: 4778

Re: [Merrill Lynch charges high fees]

There's no point in talking to anyone at Merrill - go talk to a low cost brokerage {Fidelity, Schwab, Vanguard} and have them initiate an asset transfer out of there and you're done.
by arf30
Tue Jul 16, 2019 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity & Vanguard check deposit apps
Replies: 4
Views: 496

Re: Fidelity & Vanguard check deposit apps

Your phone should be secured with PIN, password, or fingerprint. If not, don't use it for finances.
by arf30
Sat Jul 13, 2019 9:09 pm
Forum: Personal Investments
Topic: Would you exchange VTSAX to VTI ??
Replies: 42
Views: 4186

Re: Would you exchange VTSAX to VTI ??

I don't really see a reason to convert to ETFs, MFs let me buy directly from a bank account, auto invest on a schedule, can be bought and sold in any dollar amount, and don't require messing around with market or limit orders. There's also a risk they scramble more than a decade of cost basis on my ...
by arf30
Sat Jul 06, 2019 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Performing frequent ACATS question
Replies: 9
Views: 571

Re: Performing frequent ACATS question

The risk of cost basis not transferring properly is why I try to do as little ACATS as possible.
by arf30
Thu Jul 04, 2019 12:37 pm
Forum: Personal Investments
Topic: VMRXX vs. UFB Direct MMA
Replies: 3
Views: 242

Re: VMRXX vs. UFB Direct MMA

VMRXX has a 5 million dollar minimum, not sure it's a comparable investment.
by arf30
Tue Jul 02, 2019 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1629
Views: 230780

Re: Fidelity as a one stop shop

I've been autopaying the double cash from my CMA with no issues using the longer account number found on the website, vs the shorter one on the checks. Have moved most spending over to the Fidelity card anyway since it automatically sends cash back.
by arf30
Mon Jul 01, 2019 7:36 pm
Forum: Personal Consumer Issues
Topic: [Cellphone SIM card hijacking - Security concerns and mitigation techniques]
Replies: 254
Views: 34598

Re: Man’s life savings stolen from hijacked cellphone number

I've read that Google Voice isn't recommended for 2FA as Google reserves the right to change or revoke your number at any time, whereas the phone company is prevented from doing that by law (not that I recommend SMS for 2FA).
by arf30
Sun Jun 30, 2019 7:41 am
Forum: Investing - Theory, News & General
Topic: Vanguard Advertising Mutual Fund to ETF Conversion
Replies: 141
Views: 14788

Re: Vanguard Advertising Mutual Fund to ETF Conversion

If this is only being offered in retirement accounts it might just be an exchange under the hood and not a conversion.
by arf30
Fri Jun 28, 2019 6:18 am
Forum: Investing - Theory, News & General
Topic: Vanguard Advertising Mutual Fund to ETF Conversion
Replies: 141
Views: 14788

Re: Vanguard Advertising Mutual Fund to ETF Conversion

My guess would be that since these mutual funds hold ETFs, Vanguard pays the ETF costs + the small additional cost of the mutual fund wrapper. However until ETFs are as convenient to buy (I auto buy directly from my bank account in any dollar amount) I'm not sure how many people will be switching.
by arf30
Thu Jun 27, 2019 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Neighbor Keeps Mildy Trespassing
Replies: 19
Views: 3119

Re: Neighbor Keeps Mildy Trespassing

After you've tried being nice - fence, cameras, lawyers, in that order. In my experience bending over backwards for people like this will only encourage them.
by arf30
Thu Jun 27, 2019 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Chase "You Invest" account - Biggest complaint
Replies: 26
Views: 4854

Re: Chase "You Invest" account - Biggest complaint

Can you clarify? Was just about to have some assets transferred there this week. If you read through this thread, it looks like they allow selling specific lots but use average cost basis for transferred assets. Lots purchased at Chase seem to work properly. https://www.bogleheads.org/forum/viewtop...
by arf30
Thu Jun 27, 2019 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Chase "You Invest" account - Biggest complaint
Replies: 26
Views: 4854

Re: Chase "You Invest" account - Biggest complaint

They've got a bunch of Vanguard money market funds available, so holding cash shouldn't be an issue. It would be nice if you could use a real checking account as the settlement fund though. I think the biggest problem with YouInvest is the SpecId cost basis problems people have had when transferring...
by arf30
Wed Jun 26, 2019 5:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Advertising Mutual Fund to ETF Conversion
Replies: 141
Views: 14788

Re: Vanguard Advertising Mutual Fund to ETF Conversion

Vulcan wrote:
Wed Jun 26, 2019 1:01 pm
arf30 wrote:
Wed Jun 26, 2019 12:57 pm
Is there an online process to do the conversion now, or did the popup ask you to call customer service?
There's always been an online process for that.
Where's it located on the site? We're talking about fund conversion, not exchange.
by arf30
Wed Jun 26, 2019 12:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Advertising Mutual Fund to ETF Conversion
Replies: 141
Views: 14788

Re: Vanguard Advertising Mutual Fund to ETF Conversion

Is there an online process to do the conversion now, or did the popup ask you to call customer service?
by arf30
Mon Jun 24, 2019 8:55 am
Forum: Personal Consumer Issues
Topic: citi discontinuing citi price rewind
Replies: 66
Views: 6175

Re: citi discontinuing citi price rewind

Not too surprising as I think everyone knew this program was a bit too good to last. One of the last major differentiators of the double cash card vs other 2% cards.
by arf30
Wed Jun 12, 2019 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1629
Views: 230780

Re: Fidelity as a one stop shop

Lots of banks do early direct deposit these days, I've noticed it with NFCU, Fidelity and Ally, and have heard USAA does it as well. If you're budgeting properly it shouldn't matter either way.
by arf30
Mon Jun 10, 2019 10:02 pm
Forum: Personal Investments
Topic: 2-fund portfolio (+ Savings Account)?
Replies: 6
Views: 1224

Re: 2-fund portfolio (+ Savings Account)?

We do this as well: 2 stock funds + a single combined emergency fund/fixed income allocation in VUSXX.
by arf30
Mon Jun 10, 2019 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Checks without my account number
Replies: 39
Views: 4666

Re: Checks without my account number

I'm not sure why you think anyone with your acct number can just withdraw money from your account. Have you had this happen to you? Yes - a family member paid rent by check and the landlord did an ACH debit months afer they moved out without permission and the bank allowed it. It was eventually res...
by arf30
Sun Jun 09, 2019 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Checks without my account number
Replies: 39
Views: 4666

Re: Checks without my account number

The banking system in the US is pretty crazy - they'll secure the website with TLS and 2 factor auth.. but then anyone with your account number can just withdraw money from your account. The best you can really do (besides limiting exposure with credit cards and billpay and keeping minimal money in ...
by arf30
Tue Jun 04, 2019 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1629
Views: 230780

Re: Fidelity Cash Management Account - Anyone Use it?

It only sells money market, and that can be turned off.
by arf30
Sun Jun 02, 2019 6:51 pm
Forum: Personal Consumer Issues
Topic: Recommend a small inexpensive laser printer?
Replies: 39
Views: 3019

Re: Recommend a small inexpensive laser printer?

Brother is the gold standard for consumer printers.
by arf30
Sat Jun 01, 2019 8:54 am
Forum: Investing - Theory, News & General
Topic: Does one need a bank account anymore?
Replies: 60
Views: 5046

Re: Does one need a bank account anymore?

I switched to online banks a few years ago but kept a local checking account with $100 in it just in case - haven't needed it at all. I'm guessing they'll eventually close it for inactivity.
by arf30
Tue May 28, 2019 8:37 am
Forum: Personal Consumer Issues
Topic: What has changed in new home construction over the years?
Replies: 49
Views: 6538

Re: What has changed in new home construction over the years?

I went to an open house in the neighborhood on Saturday for a new construction in the 900k range, 3600 sq feet. The interior was surprisingly rough - sloppy paint, dirty walls, crooked molding with big gaps everywhere, lots of sheet rock issues, the wood floors didn't look fitted right, crooked elec...
by arf30
Sat May 25, 2019 8:02 am
Forum: Personal Finance (Not Investing)
Topic: American Express lowered my credit limit
Replies: 61
Views: 5987

Re: American Express lowered my credit limit

AMEX and other banks are reducing their exposure to credit markets across the board, it's not personal and lots of people are getting these. Capital One reduced the limit recently on one of my seldom used cards.
by arf30
Wed May 22, 2019 3:38 pm
Forum: Personal Consumer Issues
Topic: Best small AWD to 'drive into the ground'
Replies: 87
Views: 7272

Re: Best small AWD to 'drive into the ground'

Maybe a weird answer but I would look at the Subaru WRX - compared to the base Impreza the newer models have heavier duty wheel bearings, heavier duty manual transmission, heavy duty differentials, same symmetrical AWD, seats 5 adults and reasonably priced. They don't have the engine issues the prev...
by arf30
Tue May 21, 2019 6:08 pm
Forum: Personal Investments
Topic: VTSAX or VTWAX over the next 35 years?
Replies: 181
Views: 30518

Re: VTSAX or VTWAX over the next 35 years?

My taxable portfolio is 100% VTSAX/VTIAX but if I was starting out today I'd be 100% VTWAX.

My VTIAX cost basis is small enough that I could exchange it for VTWAX and just fund that in the future, I might end up going that route.
by arf30
Fri May 17, 2019 11:17 am
Forum: Personal Consumer Issues
Topic: Capital One Eno
Replies: 43
Views: 5798

Re: Capital One Eno

Can you configure the virtual numbers to be single use only? If so, would be useful for sites that require a CC for free trials or purchases from random ecommerce sites.
by arf30
Tue May 14, 2019 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally retired, and need tax advice
Replies: 48
Views: 6695

Re: I accidentally retired, and need tax advice

Would probably spend the dividends instead of reinvesting, possibly converting some savings to more bonds, and get some part time work to cover any shortfall. You should be in a low tax bracket and not too concerned about taxes unless you've left out some details.
by arf30
Sat May 11, 2019 6:44 am
Forum: Personal Finance (Not Investing)
Topic: Chase Premier Plus Checking - How to earn maximum interest?
Replies: 17
Views: 1635

Re: Chase Premier Plus Checking - How to earn maximum interest?

Looking at the fees on the premier plus account make it seem like a pretty bad checking account - but the easiest way to meet the minimum is to just buy VMMXX in a YouInvest account
by arf30
Mon May 06, 2019 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Zelle [digital payment system]
Replies: 23
Views: 3261

Re: Zelle

Zelle is one of those services that works great until it doesn't, and then it's a nightmare to get your money back.
by arf30
Tue Apr 30, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1629
Views: 230780

Re: Fidelity as a one stop shop

I keep it simple and just use the FDIC position in the CMA for revolving expenses, plus 10k in SPRXX in the same CMA for emergencies that never gets touched. Nice and easy checking/savings in one.
by arf30
Sat Apr 27, 2019 5:26 pm
Forum: Personal Investments
Topic: Is the YouInvest account the ONLY no fee mutual fund brokerage?
Replies: 8
Views: 1022

Re: Is the YouInvest account the ONLY no fee mutual fund brokerage?

drk wrote:
Sat Apr 27, 2019 5:19 pm
I assume you mean Morgan Stanley. JP Morgan owns Chase.
There's another thread on here about Vanguard funds being removed from JP Morgan brokerage accounts (different from YouInvest).
by arf30
Sat Apr 27, 2019 9:29 am
Forum: Personal Investments
Topic: Is the YouInvest account the ONLY no fee mutual fund brokerage?
Replies: 8
Views: 1022

Re: Is the YouInvest account the ONLY no fee mutual fund brokerage?

Buying mutual funds outside of their respective brokerage is always risky, especially at a big bank - Chase or Vanguard could decide to revoke the agreement at any time (this actually just happened in the JPMorgan accounts), or Chase could start charging fees, and then you're looking at paying the $...
by arf30
Wed Apr 24, 2019 6:41 am
Forum: Personal Consumer Issues
Topic: Pros/Cons of Condo Living?
Replies: 83
Views: 12424

Re: Pros/Cons of Condo Living?

I bought a 2BR condo after the housing crash 10 years ago. It's quiet and the community is well run. However the value of the condos are pretty much identical to when I bought it, and this is in a hot real estate area. The monthly fees have also increased from $150 to $300 (about $15/year), which is...
by arf30
Thu Apr 18, 2019 2:53 pm
Forum: Personal Investments
Topic: The Final Definitive Thread on Best Brokerage
Replies: 30
Views: 4192

Re: The Final Definitive Thread on Best Brokerage

Probably some combination of Vanguard, Schwab, Fidelity, and maybe Merrill or TD etc.
by arf30
Tue Apr 16, 2019 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Do not use Personal Capital
Replies: 146
Views: 31337

Re: Do not use Personal Capital

I used Personal Capital for a while with a Google Voice number in place of my real phone number and had no issues, pretty similar to Mint or Quicken.
by arf30
Fri Apr 12, 2019 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Best online banking accounts?
Replies: 53
Views: 8127

Re: Best online banking accounts?

If you don't need international ATM rebates go Ally as they've got the best website and app, if you do go with Schwab or Fidelity as I've used them to pull out cash in many foreign countries without a problem.
by arf30
Fri Apr 12, 2019 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1629
Views: 230780

Re: Using Fidelity Cash Management as my only bank account

Overdraft used to not support ATM, something about the margin department not being fast enough to cover the transaction. They seem to have fixed it around last summer, so maybe the reps aren't aware of the change yet. I keep my CMA and brokerage separate these days so can't confirm or deny.
by arf30
Tue Apr 09, 2019 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Is a work-at-home job have the same expectations as the office job?
Replies: 63
Views: 3908

Re: Is a work-at-home job have the same expectations as the office job?

I'm on my second work from home job - the first started as a real corporate job in an office and gradually transitioned to remote. They expected you to keep similar hours to the people at the office, respond to emails and calls and dial into meetings. Even then it was very easy to run errands and do...