Search found 211 matches

by cookymonster
Sat Sep 17, 2016 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Health Equity HSA--New Passive Plan
Replies: 80
Views: 24194

Re: Health Equity HSA--New Passive Plan

Thanks... Makes sense that the limit is the closure fee
by cookymonster
Sat Sep 17, 2016 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Health Equity HSA--New Passive Plan
Replies: 80
Views: 24194

Re: Health Equity HSA--New Passive Plan

I'm getting hit again too. Will most likely be moving to Saturna in January. Probably no point in doing it before then, since the wrap fee through HE for the rest of 2015 would be about the same as the cost of an extra transaction at Saturna. I assume I'm still going to have to keep the HE account o...
by cookymonster
Fri Sep 16, 2016 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated Tax Payments
Replies: 44
Views: 4376

Re: Estimated Tax Payments

Necrobumping this thread. I hate dealing with this part of the tax code, but I also hate giving the IRS interest-free loans. I really struggle with estimating my tax rate in different quarters for the money I earn in different quarters since I front load all my retirement plans. So I've screwed up ...
by cookymonster
Fri Sep 16, 2016 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated Tax Payments
Replies: 44
Views: 4376

Re: Estimated Tax Payments

Necrobumping this thread. I hate dealing with this part of the tax code, but I also hate giving the IRS interest-free loans. I really struggle with estimating my tax rate in different quarters for the money I earn in different quarters since I front load all my retirement plans. So I've screwed up a...
by cookymonster
Sat Sep 10, 2016 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Banks not honoring bank bonuses on time
Replies: 30
Views: 3395

Re: Banks not honoring bank bonuses on time

http://www.doctorofcredit.com/150-wells ... -required/
Not exactly a place I'd park much :moneybag in light of recent news, but I'd have no compunction in taking a bonus from them. They also paid fast.
by cookymonster
Sat Sep 10, 2016 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Banks not honoring bank bonuses on time
Replies: 30
Views: 3395

Re: Banks not honoring bank bonuses on time

Well, I close all those accounts as soon as I can avoid early termination fees and keep track of it all in spreadsheets. I likely won't have any heirs to worry about for decades, and by then if ally is still around my cash will probably be parked there. For me it is a hobby more than a hassle and am...
by cookymonster
Sat Sep 10, 2016 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Banks not honoring bank bonuses on time
Replies: 30
Views: 3395

Re: Banks not honoring bank bonuses on time

Personally I may make $1000 a year. I don't get paid on time but I'd rather get paid late than hassle with them on the phone. Is that pre tax? I was thinking that at the time. After looking back it's probably between $1500-$2000. However I doubt many of these banks are going to send me 1099's for $...
by cookymonster
Sat Sep 10, 2016 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Banks not honoring bank bonuses on time
Replies: 30
Views: 3395

Re: Banks not honoring bank bonuses on time

Ask yourself the following question (answer it honestly): Is the amount of money (the bonus) the bank's going to give me worth the possibility of stress if it's not paid according to how the bank's "supposed" to pay me? Time is money. Arguing with banks about their own policies is spending time. Yo...
by cookymonster
Sat Sep 10, 2016 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Banks not honoring bank bonuses on time
Replies: 30
Views: 3395

Re: Banks not honoring bank bonuses on time

https://www.bogleheads.org/forum/viewtopic.php?f=11&t=184911&p=2842164#p2842164 I'm curious how much money you make off these bank bonuses and why you changed your mind and decided they were worth the stress again. Personally I may make $1000 a year. I don't get paid on time but I'd rather get paid...
by cookymonster
Sun Sep 04, 2016 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Health Equity HSA--New Passive Plan
Replies: 80
Views: 24194

Re: Health Equity HSA--New Passive Plan

Anyone else notice they haven't been charged the Investor a Choice fee since June? I wonder if they're changing it to a quarterly rate. The 0.4% rate would now cost me about $60 a year, which is enough to make me consider switching to Saturna if they continue charging it. For those who kept their ac...
by cookymonster
Fri Aug 26, 2016 11:36 pm
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 109
Views: 17508

Re: Don't pay full price for SiriusXM radio

I used to pay $110 per year as well. last month I managed to switch back to the $30 per 5 month plan; I told them this was the most I could afford and that if they wouldn't give me this rate to cancel the service. Considering I usually bike to work and hardly drive I wasn't bluffing.
by cookymonster
Fri Aug 26, 2016 7:37 pm
Forum: Investing - Theory, News & General
Topic: My only fund not in the red today...how about you?
Replies: 23
Views: 3021

Re: My only fund not in the red today...how about you?

I do check my funds every day, simply because you never know if you'll have more than one day in which you can do tax loss harvesting. I'm 2.63% away from TLH'ing one of my ETF's. It it dropped 3% on Monday and then never dropped that low again, missing that could cost me hundreds of dollars in taxes.
by cookymonster
Thu Aug 25, 2016 11:50 am
Forum: Personal Consumer Issues
Topic: Play account at Robinhood.....less than $100
Replies: 22
Views: 2805

Re: Play account at Robinhood.....less than $100

This is when stock simulators are useful. It may not cost you much to trade, but an outgoing ACAT fee could eat up most of your balance.
by cookymonster
Wed Aug 24, 2016 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3181
Views: 617692

Re: What's Your Credit Card Rewards Strategy?

Gift cards are an option too -- I'd suggest only as a last resort because this is not viewed favorably by card issuers. AmEx has revoked bonus points for people doing this. I have not seen reports of this happening for Chase but let's not find out. If you do this, try to vary the final transaction ...
by cookymonster
Wed Aug 24, 2016 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3181
Views: 617692

Re: What's Your Credit Card Rewards Strategy?

You can also open bank accounts with credit card funding that gets coded as a sale and not a cash advance. You can even earn banking bonuses too.

Here's an example of a deal that allows $500 in cc funding:

http://www.doctorofcredit.com/santander ... ing-bonus/
by cookymonster
Wed Aug 24, 2016 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3181
Views: 617692

Re: What's Your Credit Card Rewards Strategy?

I'm not an expert on manufactured spending; I've just read that it's gotten harder the last few years. If you're $2000 short after 3 months I'd buy 4 American Express gift cards and put $500 each on them; the down sides are this will cost you $20 and to use them for online purchases and at the gas p...
by cookymonster
Wed Aug 24, 2016 3:57 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1468
Views: 239396

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Has anyone successfully gotten an opening bonus (intended for NEW customers) twice at the same brokerage? If so, which ones? I'm about to hit the one year mark at TD Ameritrade and would like to move it back to Merrill Edge for the free trades, but I assume they aren't going to bribe me when I've a...
by cookymonster
Wed Aug 24, 2016 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Concerned I'm investing at peak
Replies: 31
Views: 4789

Re: Concerned I'm investing at peak

There are people who have been leaving their money on the sidelines since 2013 because the market has been at all time highs off and on since then and waiting for the crash. Suffice it to say they haven't come out ahead. Even if the market crashes, it's almost certainly going to be way up from where...
by cookymonster
Wed Aug 24, 2016 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3181
Views: 617692

Re: What's Your Credit Card Rewards Strategy?

I applied in the branch and got denied, even called the appeal line (888-609-7805) and was given a firm "no." Wish I knew this card was coming along when I opened the Southwest card two months ago :x . Did they specify why you were declined? -Steph "Too many credit cards opened recently" - obviousl...
by cookymonster
Wed Aug 24, 2016 1:24 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1468
Views: 239396

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Great thread. Surprised I missed it until now. Two questions: Has anyone successfully gotten an opening bonus (intended for NEW customers) twice at the same brokerage? If so, which ones? I'm about to hit the one year mark at TD Ameritrade and would like to move it back to Merrill Edge for the free t...
by cookymonster
Wed Aug 24, 2016 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3181
Views: 617692

Re: What's Your Credit Card Rewards Strategy?

I applied in the branch and got denied, even called the appeal line (888-609-7805) and was given a firm "no." Wish I knew this card was coming along when I opened the Southwest card two months ago :x .
by cookymonster
Mon Aug 22, 2016 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3181
Views: 617692

Re: What's Your Credit Card Rewards Strategy?

Went into a branch today and got queued. I think I'm right at 5/24 so I don't have my hopes up. I need to think of a new non-Chase card to apply for if this doesn't pan out.
by cookymonster
Mon Aug 22, 2016 9:20 am
Forum: Investing - Help with Personal Investments
Topic: VSS verus SCHC
Replies: 8
Views: 2298

Re: VSS verus SCHC

I prefer SCHC because it's more tax-efficient than VSS. But I tax loss harvest between both of them. If you hold either VXUS or VEU you're going to have the same issue with mixing EM. Also, VWO is approximately 84% EM per Morningstar. The only way you're going to get it precisely right if you have m...
by cookymonster
Sat Aug 13, 2016 9:39 pm
Forum: Investing - Theory, News & General
Topic: Bonds in Taxable
Replies: 164
Views: 18119

Re: Bonds in Taxable

The tax-deferred vs tax-free account is a non-issue. A tax-deferred account is (almost) simply a tax-free account plus an account you're investing on the government's behalf. The reason for the almost is RMDs. So a very valid simplification is to compare a taxable account to a tax-free account when...
by cookymonster
Fri Jul 08, 2016 12:03 am
Forum: Investing - Help with Personal Investments
Topic: No Company Match Until 1 Year of Service?
Replies: 30
Views: 4174

Re: No Company Match Until 1 Year of Service?

I get a 4% match after 12 months. However the match only starts on either 7/1 or 1/1 if it has been 12 months since you were hired. So if you start on 7/2 or 1/2 it's really 18 months before the match kicks in. Vesting is graded between years 2-6 after hire. If I didn't also get a pension after 5 ye...
by cookymonster
Mon May 30, 2016 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: How much can you make from the credit card / bank account game?
Replies: 54
Views: 6616

Re: How much can you make from the credit card / bank account game?

I've mostly completed brokerage transfers online. Sometimes I have to fax paperwork in but it is quick and easy.
by cookymonster
Mon May 30, 2016 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: How much can you make from the credit card / bank account game?
Replies: 54
Views: 6616

Re: How much can you make from the credit card / bank account game?

If you have a decent taxable account, try the brokerage bonuses too. Doctor of Credit doesn't cover this, but hustler money blog does.

Made about ~$2000 on that last year.
by cookymonster
Wed May 25, 2016 9:45 pm
Forum: Personal Consumer Issues
Topic: Pet friendly hotels no fees
Replies: 8
Views: 1236

Re: Pet friendly hotels no fees

Red roof inn
by cookymonster
Tue May 24, 2016 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Thinking of renting out part of my home - how much should I spend on renovations?
Replies: 18
Views: 1161

Re: Thinking of renting out part of my home - how much should I spend on renovations?

It doesn't make it any less of a dumb decision, but that's water under the bridge. At this point, I can either put a lot of money/time/effort into renting the parts I don't use or put a lot of money/effort/time into selling it and lose whatever capital gains have accrued by selling it so quickly. I...
by cookymonster
Tue May 24, 2016 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Thinking of renting out part of my home - how much should I spend on renovations?
Replies: 18
Views: 1161

Re: Thinking of renting out part of my home - how much should I spend on renovations?

You say the home you recently bought was a "foolish purchase." How does dumping a bunch of money/time/effort into a basement apartment AND becoming a landlord change that? It doesn't make it any less of a dumb decision, but that's water under the bridge. At this point, I can either put a lot of mon...
by cookymonster
Mon May 23, 2016 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of renting out part of my home - how much should I spend on renovations?
Replies: 18
Views: 1161

Re: Thinking of renting out part of my home - how much should I spend on renovations?

How much would you spend on improving a rental before expecting a profit from it? How much would you expect the investment to raise the property's value (relative to what you paid)? Is there another way you would try to weigh the cost and benefit? I don't see how anyone could give a direct answer t...
by cookymonster
Mon May 23, 2016 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of renting out part of my home - how much should I spend on renovations?
Replies: 18
Views: 1161

Re: Thinking of renting out part of my home - how much should I spend on renovations?

I want to keep my privacy upstairs. That's why I want to add a kitchenette in the basement. My basement is pretty big. It can hold two separate "suites" if I were to add a second shower. They can also use their own entrance (back door) if I use the front door. I would prefer to do this without getti...
by cookymonster
Mon May 23, 2016 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of renting out part of my home - how much should I spend on renovations?
Replies: 18
Views: 1161

Thinking of renting out part of my home - how much should I spend on renovations?

Last year I bought an older 4 BR home in a very nice part of town. In hindsight this was a foolish purchase, as I really only use 1-2 bedrooms and don't know what to do with the rest of the space. Rather than turn around and sell it this year and move again, I'd like to see if it logistically will w...
by cookymonster
Sat May 14, 2016 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 312
Views: 69107

Re: Physician Retirement Savings

32, psychiatrist, ~950k in savings, probably 60% taxable. Trying to reduce work whenever I can. The only reason I keep working is because I don't have enough yet to fill up my time outside of work and it benefits me socially to have a nice career.
by cookymonster
Mon May 09, 2016 7:50 am
Forum: Personal Consumer Issues
Topic: Tips for Selling Bedroom Set
Replies: 27
Views: 4456

Re: Tips for Selling Bedroom Set

I'm new at donating household items to charity. How big of a tax donation receipt can you expect to get from an expensive bedroom set? And how do they come up with the number?
by cookymonster
Sun May 08, 2016 9:04 am
Forum: Personal Consumer Issues
Topic: Thinking of moving to SC or TX
Replies: 31
Views: 4552

Re: Thinking of moving to SC or TX

I've also lived in metro Charlotte, Chapel Hill, and Charleston for all but the last two years of my life. I don't have too much to add. I disagree that Charleston has a low cost of living. Perhaps North Charleston and some parts of West Ashley are, but I would avoid the industrial, crime-laden area...
by cookymonster
Mon Apr 18, 2016 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Medical School preparation Pointers for a Sophomore Student
Replies: 48
Views: 5909

Re: Medical School preparation Pointers for a Sophomore Student

If your daughter is a marginal applicant, she'll be best served by applying to schools with lower tuition, with larger class sizes, and obviously with higher rates of acceptance. Schools in smaller cities and away from the coasts will have higher quality/competitiveness ratios. When I applied to sc...
by cookymonster
Sun Apr 17, 2016 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Medical School preparation Pointers for a Sophomore Student
Replies: 48
Views: 5909

Re: Medical School preparation Pointers for a Sophomore Student

If your daughter is a marginal applicant, she'll be best served by applying to schools with lower tuition, with larger class sizes, and obviously with higher rates of acceptance. Schools in smaller cities and away from the coasts will have higher quality/competitiveness ratios. When I applied to sch...
by cookymonster
Sat Apr 16, 2016 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Postnuptial agreement for Physician
Replies: 94
Views: 10218

Re: Postnuptial agreement for Physician

Also, the fact that even some non-traditional medical students get accepted when they are in their 40's argues against that schools don't accept doctors who only intend to work ~10 years. Those students may not admit to it in their interview, but you think these medical schools actually expect to ge...
by cookymonster
Sat Apr 16, 2016 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Postnuptial agreement for Physician
Replies: 94
Views: 10218

Re: Postnuptial agreement for Physician

As a 32-year-old single physician expecting to reach the two-comma club in the next year, this thread resonates in such a depressing way. I completely relate to the OP's mindset and highly doubt that he is trolling. My parents are on their second and third marriages, respectively, my brother is on h...
by cookymonster
Sun Mar 13, 2016 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Bond overflow to taxable - best fund for me?
Replies: 5
Views: 619

Re: Bond overflow to taxable - best fund for me?

Vanguard has a Massachusetts fund - VMATX

ETA - I guess you may avoid mutual funds due to transaction fees at Merrill Edge. VTEB looks like a good option.
by cookymonster
Sun Feb 14, 2016 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: Is a wash sale such a bad thing?
Replies: 10
Views: 2834

Re: Is a wash sale such a bad thing?

This doesn't seem correct. If you trigger a wash sale when an investment has lost money, the cost basis of the newly purchased asset is used to determine capital gains and losses. Since you've lost money, you have a lower cost basis than before. If the price then goes up, there's no telling when or ...
by cookymonster
Wed Jan 06, 2016 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: TLH Options for Emerging Markets, Intl Small Caps, Active Managed Small Cap, and Small Cap value
Replies: 7
Views: 878

Re: TLH Options for Emerging Markets, Intl Small Caps, Active Managed Small Cap, and Small Cap value

I mostly TLH with schwab funds, which are actually slightly lower in cost.

VWO --> SCHE
VSS --> SCHC

I haven't harvested VBR. For that one, I'd probably go with VTWV, which is a much smaller cap ETF
by cookymonster
Sun Jan 03, 2016 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: More Edward Jones questions...
Replies: 13
Views: 1600

Re: More Edward Jones questions...

Some funds come with an extra fee for redemption within 30/60/90 days. Avoid these. Otherwise you're just subject to short-term capital gains, which aren't ideal but are better than sticking with such expensive funds. It would be better if you sold them when they are neutral or down and bought simil...
by cookymonster
Thu Dec 31, 2015 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: Roll Call for Tax-Loss Harvesting Class of 2015
Replies: 62
Views: 4611

Re: Roll Call for Tax-Loss Harvesting Class of 2015

I TLH'd for the first time this year and honestly probably got addicted to it. My total loss harvested was around $20,600, which is between 2 and 3 percent of my portfolio. For the last six months of the year, I would trade between TLH partners every 31 days, often for losses less than $100. In hind...
by cookymonster
Mon Dec 21, 2015 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: 401k advice-new physician
Replies: 11
Views: 1613

Re: 401k advice-new physician

Thank you all for your replies. My thoughts were to place all new 401k contributions directly into the WFIOX core fund so that I have my money in the market and then transfer to my brokerage account 2-4 times per year for larger transactions so as to minimize costs. EmergDoc, you mention frontloadi...
by cookymonster
Sat Dec 19, 2015 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: holding only S&P 500 in 401K?
Replies: 19
Views: 9236

Re: holding only S&P 500 in 401K?

That's a pretty fantastic 401k. For many people, the cheapest option costs more than the most expensive option of yours. After you figure out your asset allocation, you should decide what part of your 401k has the best options that fit within it. If it includes large-cap, small-cap, REITs, or emergi...
by cookymonster
Sat Dec 19, 2015 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: holding only S&P 500 in 401K?
Replies: 19
Views: 9236

Re: holding only S&P 500 in 401K?

I've only held the S&P 500 in my 401k AND 457 at work; the only exception is the match, which I've put in bonds since it isn't vested yet. I'm up to ~52k in VIIIX. I wish it were more diversified, but there aren't really any other good options with an ER < 0.6%. I have enough money in taxable accoun...
by cookymonster
Thu Dec 17, 2015 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs. Scottrade - I don't think I need both anymore...
Replies: 30
Views: 3850

Re: Vanguard vs. Scottrade - I don't think I need both anymore...

I've been moving my money around between several different brokers for bonuses this year - Merrill Edge, TD Ameritrade, Sharebuilder, TradeKing. I've been trying to wait until I have enough to get the max bonuses since my understanding is these offers are one-time-only. Has anyone been able to take...