Search found 737 matches

by arf30
Mon Aug 24, 2020 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring Money from Bank to Brokerage Account
Replies: 18
Views: 801

Re: Transferring Money from Bank to Brokerage Account

I always pull from the brokerage side via ACH, brokerages have very high limits and banks tend to not place limits on pulls.
by arf30
Mon Aug 24, 2020 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: My experience with BoA / Merrill Edge
Replies: 18
Views: 1881

Re: My experience with BoA / Merrill Edge

Had a mortgage sold to BoA and that was enough exposure to realize I shouldn't do banking or investing there. If you feel the credit card rewards are worth it I'd just park the minimum amount necessary and leave investments with the experts at Schwab, Fidelity, etc.
by arf30
Sat Aug 22, 2020 5:45 pm
Forum: Personal Investments
Topic: You Invest by JP Morgan Chase
Replies: 215
Views: 36949

Re: You Invest by JP Morgan Chase

Do YouInvest IRAs still not count toward minimum balance requirements for the high end Chase checking accounts? It's hard to tell from the fine print on the banking pdfs. It'd be nice to move an IRA there for the YouInvest bonus (I don't trust them with my taxable accounts). Kind of a strange decisi...
by arf30
Sat Aug 22, 2020 11:52 am
Forum: Personal Consumer Issues
Topic: Cord cutting 2020 - Youtube TV
Replies: 28
Views: 2748

Re: Cord cutting 2020 - Youtube TV

We did the free trial plus another month - the service is very good but too expensive. We might try Philo next, it's only $20 but doesn't include sports.
by arf30
Fri Aug 21, 2020 8:06 pm
Forum: Investing - Theory, News & General
Topic: Submitting an ETF sell order at Fidelity outside of market hours
Replies: 16
Views: 885

Re: Submitting an ETF sell order at Fidelity outside of market hours

Since it's VTI I'd probably do a market order and then switch to mutual funds which are a better fit for the situation you've described.
by arf30
Thu Aug 20, 2020 6:50 pm
Forum: Personal Consumer Issues
Topic: Simplisafe in 2020
Replies: 25
Views: 2837

Re: Simplisafe in 2020

I'd be cautious with WiFi based alarm systems, they're easily jammed from inside a car a block away - but that's just me.
by arf30
Thu Aug 20, 2020 8:13 am
Forum: Personal Investments
Topic: Moving from vanguard, what to do with funds?
Replies: 27
Views: 1941

Re: Moving from vanguard, what to do with funds?

Convert to ETF and transfer to brokerage of choice, preferably for a bonus.
by arf30
Thu Aug 20, 2020 5:55 am
Forum: Investing - Theory, News & General
Topic: Investment strategies for high net worth individuals
Replies: 56
Views: 5400

Re: Investment strategies for high net worth individuals

I'd say the direct indexing strategy becomes worth it when the tax savings + avoiding index fund ER becomes greater than the 150k/year salary you'd pay a guy to run your family office and do the direct indexing. Probably somewhere North of 50 million.
by arf30
Wed Aug 19, 2020 9:45 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2483
Views: 408059

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Sure. There isn't much to know, however. You need a margin account with marginable securities. Then you simply make a withdrawal that exceeds the amount of cash you have. You can take it as a wire transfer, ACH, check, or you can spend money on the debit card they give you or use bill pay. What is ...
by arf30
Wed Aug 19, 2020 9:02 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2483
Views: 408059

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Sure. There isn't much to know, however. You need a margin account with marginable securities. Then you simply make a withdrawal that exceeds the amount of cash you have. You can take it as a wire transfer, ACH, check, or you can spend money on the debit card they give you or use bill pay. What is ...
by arf30
Wed Aug 19, 2020 12:29 pm
Forum: Personal Investments
Topic: VTSAX periodic investing in Chase
Replies: 14
Views: 866

Re: VTSAX periodic investing in Chase

That usually just means that when you buy, it must result in a balance of at least $3,000 in the fund. If you've already got 3 grand or more in there, you can usually buy in any amount.
by arf30
Mon Aug 17, 2020 5:32 pm
Forum: Personal Consumer Issues
Topic: Is Ting messing with us?
Replies: 23
Views: 2137

Re: Is Ting messing with us?

I used to have Ting but suffered on Sprint's network - switched to Cricket (ATT network) and now pay $30 including taxes and fees.
by arf30
Sun Aug 16, 2020 8:15 pm
Forum: Personal Investments
Topic: Converting VTSAX to VTI
Replies: 9
Views: 859

Re: Converting VTSAX to VTI

Curious about this topic as well, as I plan to eventually convert to ETF and transfer out. I'll probably wait until the conversion can be done through the website.
by arf30
Sun Aug 16, 2020 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Best HSA Provider for Rollover
Replies: 31
Views: 1295

Re: Best HSA Provider for Rollover

Mine's at Fidelity as well, I'm guessing they're going to eat up a lot of the smaller competition. No fees and a ton of investment options.
by arf30
Sun Aug 16, 2020 9:02 am
Forum: Personal Finance (Not Investing)
Topic: in addition to Merrill/BOA: HSBC perks
Replies: 9
Views: 835

Re: in addition to Merrill/BOA: HSBC perks

I always thought it'd be nice to have a premium level account at one of these huge banks for the travel perks (in addition to Schwab/Fidelity cards), but the minimums are high. I guess people are peeling off part of an IRA and parking it at the bank to avoid having to move their taxable brokerage?
by arf30
Sat Aug 15, 2020 3:55 pm
Forum: Personal Investments
Topic: Terrible experience with Ally bank- buyer beware
Replies: 146
Views: 10043

Re: Terrible experience with Ally bank- buyer beware

The world runs on batch jobs (but pretends not to), and they often run slow or get delayed - I send my transactions a day or two early for this reason. I used to manage a team responsible for batch processing at a large company and have seen the chaos firsthand.
by arf30
Sat Aug 15, 2020 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Risk with paying someone with a personal check
Replies: 76
Views: 5197

Re: Risk with paying someone with a personal check

For the rare occasions I need a check, I'll either get a cashier's check or use my bank's billpay system, as neither have my account number on them.
by arf30
Thu Aug 13, 2020 6:09 am
Forum: Personal Finance (Not Investing)
Topic: An un-bogleheaded question on high end home financing
Replies: 19
Views: 1995

Re: An un-bogleheaded question on high end home financing

As others have alluded to there are commonly two options above the jumbo loan market: pay cash (supposedly half the market), or finance through a special group of lenders that you have access to through your family office or private banking relationship (which usually requires parking a few million ...
by arf30
Tue Aug 11, 2020 2:52 pm
Forum: Personal Investments
Topic: Assets going from 600K->15M, should I change my asset allocation?
Replies: 175
Views: 17695

Re: Assets going from 600K->15M, should I change my asset allocation?

Usually at a certain point it becomes cheaper and more tax efficient to do direct indexing (owning individual stocks to approximate an index), so you may want to talk to a professional about that. From what I've heard though, you are not at that level yet to offset the management fees. Asset allocat...
by arf30
Mon Aug 10, 2020 10:38 am
Forum: Personal Consumer Issues
Topic: Autotrader bait and switch
Replies: 39
Views: 4253

Re: Autotrader bait and switch

It's common with all car listing sites (and with craigslist, etc), the dealers let listings automatically time out instead of going back and deleting them manually when the vehicle is sold.
by arf30
Sat Aug 08, 2020 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Ally 1% bonus, up to $250, sign up by 3/23
Replies: 252
Views: 23601

Re: Ally 1% bonus, up to $250, sign up by 3/23

I opened a CD and contributed before the date, but never got the bonus and just realized I never got an initial email confirming I was eligible. I followed the sign up link from the bonus email as well. I might send a secure message but I'm probably out of luck. At least I locked in a decent rate b...
by arf30
Sat Aug 08, 2020 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Ally 1% bonus, up to $250, sign up by 3/23
Replies: 252
Views: 23601

Re: Ally 1% bonus, up to $250, sign up by 3/23

I opened a CD and contributed before the date, but never got the bonus and just realized I never got an initial email confirming I was eligible. I followed the sign up link from the bonus email as well. I might send a secure message but I'm probably out of luck. At least I locked in a decent rate be...
by arf30
Sat Aug 01, 2020 9:51 am
Forum: Personal Consumer Issues
Topic: best mesh wifi system on the market?
Replies: 50
Views: 3694

Re: best mesh wifi system on the market?

All of the major mesh WiFi products are pretty good these days. We've got the Google/Nest WiFi in our primary and vacation homes and you just plug them in and forget about them.
by arf30
Wed Jul 29, 2020 10:30 am
Forum: Personal Investments
Topic: Buying Vanguard funds through Chase
Replies: 12
Views: 898

Re: Buying Vanguard funds through Chase

I think until they support spec ID properly you'd want to avoid them for taxable accounts, unless you want tax headaches down the road.
by arf30
Sun Jul 19, 2020 5:16 pm
Forum: Personal Consumer Issues
Topic: Advice on Buying a Certified Pre-Owned BMW
Replies: 53
Views: 4430

Re: Advice on Buying a Certified Pre-Owned BMW

Just in case anyone digs this up this thread in the future - a good strategy is to buy a non CPO model (you'll get lower miles for the same money) and add an extended warranty from a good credit union like Penfed.
by arf30
Tue Jul 07, 2020 7:10 pm
Forum: Investing - Theory, News & General
Topic: Money markets breaking the buck
Replies: 4
Views: 1212

Re: Money markets breaking the buck

Expense ratio is taken out before yield - probably one of the most misunderstood concepts on this forum. They're very unlikely to break the buck, they just won't return much of anything until rates go back up.
by arf30
Mon Jul 06, 2020 11:17 am
Forum: Personal Consumer Issues
Topic: Boglehead Way to buy an Audi
Replies: 91
Views: 5961

Re: Boglehead Way to buy an Audi

We picked up a "used" '19 Audi S3 with 800 miles on it a few months ago for 20k off sticker - buying last year's, lightly used model during a pandemic provided the perfect storm of discount. Since it's an Audi we added an extended warranty through a credit union. I do expect the deprecation to be at...
by arf30
Tue May 26, 2020 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: How is the Amazon Prime Rewards Visa Signature Card
Replies: 41
Views: 2512

Re: How is the Amazon Prime Rewards Visa Signature Card

This is our main card as we're heavy Amazon and Whole Foods delivery users. We have the "good version" serviced by Chase. No issues with the card, it works as advertised. The sign up bonus seems to fluctuate over time.
by arf30
Fri May 15, 2020 9:26 am
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 55964

Re: How Is Your Job Being Impacted By The Current Crisis?

I'm in IT/Cloud and there has been a large surge of hiring as companies scramble to expand their capability to do business online. It may taper off in the medium term as consumer buying power starts to fade due to layoffs in other industries.
by arf30
Fri May 08, 2020 7:29 pm
Forum: Personal Consumer Issues
Topic: Audi A8 or keep looking?
Replies: 30
Views: 2557

Re: Audi A8 or keep looking?

I like our 2019 Audi but I wouldn't want to own one out of warranty. Can you get a 3rd party warranty on it through a credit union?
by arf30
Thu May 07, 2020 5:03 pm
Forum: Investing - Theory, News & General
Topic: Introducing Schwab Stock Slices™ – Designed to Make Investing Easier and More Accessible
Replies: 45
Views: 5552

Re: Introducing Schwab Stock Slices™ – Designed to Make Investing Easier and More Accessible

I wonder if this will be available for the web, since Fidelity has yet to roll out their fractional shares to anything except their clunky mobile app for regular brokerage accounts.
by arf30
Wed May 06, 2020 8:24 am
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 57772

Re: How to get Toilet Paper ? seriously.

Amazon (prime) has been pretty stocked with name brand TP lately, have not had any issues ordering 2 large packs of cottonelle this week. They sell out quick, but restock quickly as well.
by arf30
Tue May 05, 2020 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: [thinking about buying a house in LA, wait for RE crash?]
Replies: 72
Views: 5983

Re: do you expect there to be a housing market crash? If so, when?

Unlikely to be a "crash", people will just sit on their homes instead of selling them. Prices may decline in some places but real estate is highly regional.
by arf30
Sun May 03, 2020 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Closing Chase Bank Account
Replies: 11
Views: 1594

Re: Closing Chase Bank Account

I pull out down to the minimum via ACH, then call or secure message to close the account and they'll mail a check for the rest.
by arf30
Tue Apr 28, 2020 10:13 am
Forum: Personal Investments
Topic: how to go around ATM daily limit to withdraw cash for emergency
Replies: 25
Views: 2726

Re: how to go around ATM daily limit to withdraw cash for emergency

With the Fidelity debit card you can walk into any bank branch and do a cash advance (no fees, up to about 15k for me).
by arf30
Mon Apr 27, 2020 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Do you expect your employer to change their stance on WFH after Coronavirus?
Replies: 99
Views: 6316

Re: Do you expect your employer to change their stance on WFH after Coronavirus?

IT had already been shifting towards WFH and that trend will only accelerate now. More traditional professions will probably go back to the office but include a few days from home here and there as a perk. Most companies are seeing the advantages of reduced office space costs and the ability to rema...
by arf30
Mon Apr 20, 2020 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Car Dealers not really wanting to make a deal
Replies: 245
Views: 36389

Re: Car Dealers not really wanting to make a deal

Deals are just starting to pop up for low volume luxury sports cars. I think there will eventually be deals on mass market models like Camry/Corolla, but not for a few months.
by arf30
Wed Apr 15, 2020 5:11 pm
Forum: Personal Consumer Issues
Topic: Apple Released a New Low-cost Iphone
Replies: 172
Views: 14815

Re: Apple Released a New Low-cost Iphone

They're going to sell a zillion of these.
by arf30
Tue Apr 14, 2020 6:22 am
Forum: Personal Consumer Issues
Topic: Flying in September, think it will be safe?
Replies: 73
Views: 4399

Re: Flying in September, think it will be safe?

Until there's a vaccine and you've received it, it's not really going to be safe.
by arf30
Sat Apr 04, 2020 6:53 pm
Forum: Personal Consumer Issues
Topic: is a $1000+ herman miller office chair worth the investment?
Replies: 55
Views: 5667

Re: is a $1000+ herman miller office chair worth the investment?

A quality office chair is one of those things where spending a lot of money is absolutely worth it (for people who sit a lot).
by arf30
Fri Apr 03, 2020 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Are your personal expenses down during stay home and shelter?
Replies: 180
Views: 12984

Re: How much have YOU reduced spending during downturns?

Due to being stuck at home we've basically reduced spending down to grocery delivery and nothing else, not even gas. Previously we've been fairly strong spenders (8-10k a month household).
by arf30
Fri Mar 27, 2020 2:53 pm
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 55964

Re: How Is Your Job Being Impacted By The Current Crisis?

Already working in IT from home before the crisis, so unaffected in the short term. Expecting long term impact to the IT job market across the board as consumers lose their jobs and there's less demand for.. pretty much everything causing corporations to do less IT spend.
by arf30
Thu Mar 26, 2020 6:02 pm
Forum: Personal Consumer Issues
Topic: Amazon Glacier cloud stoarge? Any experience?
Replies: 25
Views: 1838

Re: Amazon Glacier cloud stoarge? Any experience?

Glacier is for offline backups with hours long retrieval time, you probably want S3 One Zone-IA (infrequently accessed).
by arf30
Thu Mar 26, 2020 10:49 am
Forum: Personal Consumer Issues
Topic: Zoom, Skype or Google Hangouts for limited use?
Replies: 8
Views: 666

Re: Zoom, Skype or Google Hangouts for limited use?

I'm currently in a consulting role and most of our clients (large corporations) have switched to Zoom, it has the lowest friction for new users. You don't need to know much other than how to toggle mute/video and where the screenshare and chat buttons are.
by arf30
Sun Mar 22, 2020 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for better Checking Interest Bearing Account - Anyone have any experience with Simple
Replies: 14
Views: 973

Re: Looking for better Checking Interest Bearing Account - Anyone have any experience with Simple

Had an account there for the recent bonus - it's not a traditional bank interface, which some may like but I found incredibly confusing (and I'm a youngish IT professional). Would not want to be stuck using that as an everyday checking account.
by arf30
Fri Mar 20, 2020 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: [Work From Home] - What does your company pay for?
Replies: 83
Views: 4681

Re: WFH - What does your company pay for?

My company just sends out a laptop and the rest is up to you (although they did buy me a chair because I complained). It's easier to just negotiate a small salary increase every year than try to get them to pay your phone bill or decorate your home office.
by arf30
Fri Mar 20, 2020 5:43 pm
Forum: Personal Consumer Issues
Topic: What Happens To Your Battery When Your Car Is Parked For Weeks?
Replies: 90
Views: 4988

Re: What Happens To Your Battery When Your Car Is Parked For Weeks?

For years I haven't really needed a car - I've kept it running by driving it about 10-15 minutes per week, either by running an errand or just a quick run up and down the highway. No dead batteries, flat spotting or bad gas issues.
by arf30
Fri Mar 20, 2020 3:47 pm
Forum: Personal Consumer Issues
Topic: Whole Foods food delivery via Amazon
Replies: 6
Views: 1001

Re: Whole Foods food delivery via Amazon

We've been using WF delivery through Amazon for a few months and it's been much better than any other grocery delivery we've used, although not perfect. Availability/substitution of items has definitely dropped off due to the virus but it's happening to all grocery stores right now.
by arf30
Thu Mar 19, 2020 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Ally 1% bonus, up to $250, sign up by 3/23
Replies: 252
Views: 23601

Re: Ally 1% bonus, up to $250

I had the same thing happen, opened the CD at 1.75% and funded immediately, the funds left my bank immediately but Ally held them on their side for 3-4 days, now the CD is funded but at 1.5%. Feels shady but with the rate cuts not much I can do about it (and the fine print mentions the rate is locke...