Search found 1880 matches

by sperry8
Mon Dec 31, 2018 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Change in Equifax credit report - but wasn't me
Replies: 17
Views: 1329

Re: Change in Equifax credit report - but wasn't me

But then I won't receive any credit card offers - and I utilize those offers to get new credit I have my credit frozen and I get credit card offers in the mail all the time. +1. Me too. Got three new offers in the mail last week. It's simply not true that freezing your credit also freezes new credi...
by sperry8
Mon Dec 31, 2018 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Change in Equifax credit report - but wasn't me
Replies: 17
Views: 1329

Re: Change in Equifax credit report - but wasn't me

If you're aware that you have lost your credit information due to a data breach, why haven't you locked your credit yet? It is free by law at all three major credit reporting agencies. A monitoring service only tells you that someone is breaching your credit or opening accounts in your name. At tha...
by sperry8
Mon Dec 31, 2018 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Change in Equifax credit report - but wasn't me
Replies: 17
Views: 1329

Re: Change in Equifax credit report - but wasn't me

I would call American Express customer service and tell them what you have shared here. If they can’t verify a new account number and explain why this happened have them transfer you to the fraud department. Cheers I called and they said it was related to an account closing I made a few months ago....
by sperry8
Mon Dec 31, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Change in Equifax credit report - but wasn't me
Replies: 17
Views: 1329

Re: Change in Equifax credit report - but wasn't me

If you're aware that you have lost your credit information due to a data breach, why haven't you locked your credit yet? It is free by law at all three major credit reporting agencies. A monitoring service only tells you that someone is breaching your credit or opening accounts in your name. At tha...
by sperry8
Sun Dec 30, 2018 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Change in Equifax credit report - but wasn't me
Replies: 17
Views: 1329

Change in Equifax credit report - but wasn't me

I received a notice today from a credit monitoring service I received for free (due to an online breach). They claimed there was a change from American Express and showed an account number that isn't mine. Does this mean someone has fraudulently opened up credit in my name? What should I do?
by sperry8
Sun Dec 30, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Best online banking accounts?
Replies: 53
Views: 7452

Re: Best online banking accounts?

In my opinion, the best option is a Fidelity CMA account, though it's not a bona fide checking account, rather a brokerage account with checking features. Here's why I think it's the best: 1) 100% free. No fees. No minimums. 2) You can purchase Fidelity Money Market funds, which Fidelity considers ...
by sperry8
Sat Dec 29, 2018 5:46 pm
Forum: Personal Investments
Topic: Best place to park funds needed in one year
Replies: 13
Views: 1406

Re: Best place to park funds needed in one year

For some reason Vanguard won't let me chose VMMXX as my settlement account. It may be I do not have enough in the portfolio yet. You can't use it as your settlement account. You have to purchase shares like a mutual fund. Exactly. But I buy/sell shares of Prime and keep all monies in Prime (and jus...
by sperry8
Sat Dec 29, 2018 5:38 pm
Forum: Investing - Theory, News & General
Topic: ableBanking 1 and 2 Year CDs are among highest APY
Replies: 11
Views: 1360

Re: ableBanking 1 and 2 Year CDs are among highest APY

Able Banking is an annoying bank. Every single time I travel outside of my home state and log into Able - I get a phone call and email from their "security" department telling me to call them immediately. I do only to find out they think it was someone else trying to access my account. I'm on Xmas ...
by sperry8
Sat Dec 29, 2018 5:21 am
Forum: Investing - Theory, News & General
Topic: ableBanking 1 and 2 Year CDs are among highest APY
Replies: 11
Views: 1360

Re: ableBanking 1 and 2 Year CDs are among highest APY

Able Banking is an annoying bank. Every single time I travel outside of my home state and log into Able - I get a phone call and email from their "security" department telling me to call them immediately. I do only to find out they think it was someone else trying to access my account. I'm on Xmas h...
by sperry8
Sat Dec 29, 2018 5:17 am
Forum: Personal Investments
Topic: What do you do with dividends?
Replies: 51
Views: 4915

Re: What do you do with dividends?

Since I am still accumulating, dividends are money to be reinvested, in the appropriate fund. I take them in cash so that I can determine the appropriate fund; if I am overweighted in US stock, I don't want the dividend from Total Stock Market to go back into that fund. I leave the December dividen...
by sperry8
Wed Dec 26, 2018 10:36 am
Forum: Personal Consumer Issues
Topic: eBay Sellers Ratings and Avoidance
Replies: 4
Views: 583

Re: eBay Sellers Ratings and Avoidance

Also - be careful. Ratings are not all they are cracked up to be. I left negative feedback for a power seller due to the fact that they sent an item that was not as described (claimed "new with tags" but item received had no tags). The power seller contacted me and told me either to change my review...
by sperry8
Tue Dec 25, 2018 1:09 am
Forum: Personal Investments
Topic: I believe I underestimated my risk tolerance
Replies: 35
Views: 4983

Re: I believe I underestimated my risk tolerance

Aim for the "sleep well" asset allocation the two words are self explanatory :happy Yup, I learned this from 08/09 too. And it doesn't have to be a huge difference. For me 80/20 kept me up nights. 70/30 does not. So I keep my AA at that level. OP - going through this experience will help you figure...
by sperry8
Mon Dec 24, 2018 10:59 pm
Forum: Investing - Theory, News & General
Topic: Are we officially in bear market ?
Replies: 79
Views: 10333

Re: Are we officially in bear market ?

Jimsad wrote:
Mon Dec 24, 2018 8:55 pm
Some cable channels declared S&P 500 officially entered bear market today .
Is this correct ?
basis points either way... so I'd say yes for the S&P 500. The Russell 2000 is surely in a bear market as are International Stocks.
by sperry8
Sat Dec 22, 2018 11:26 pm
Forum: Personal Investments
Topic: [Vanguard Health Care Fund vs. Health Care ETF]
Replies: 18
Views: 3072

Re: Vanguard Active Health Care Fund vs. Health Care ETF

Thank you for your comments, but (with due respect) I disagree with your argument vehemently. It is not proper to compare Healthcare (active) against the S&P 500. In fact, that would be even more misleading than my error above which was brought to light by EyeDee. VGHAX owns foreign and solely one ...
by sperry8
Sat Dec 22, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: When is the next all time high? An historical perspective
Replies: 14
Views: 2165

Re: When is the next all time high? An historical perspective

A new rule of thumb emerged from this: whenever was the last ATH, expect at least the same duration until the next. In 50% of cases, you'll have to wait longer, sometimes much longer. So be patient, don't peek, things get worse before they get better, and in the end don't focus solely on price as d...
by sperry8
Sat Dec 22, 2018 5:52 pm
Forum: Personal Investments
Topic: [Vanguard Health Care Fund vs. Health Care ETF]
Replies: 18
Views: 3072

Re: Vanguard Active Health Care Fund vs. Health Care ETF

. Sperry8, Another thing to keep in mine while deciding whether to switch from the Active fund to the Index fund or its ETF is that they have considerably different allocation targets. Although the Portfolio and Management tab for both funds on the Vanguard web site only has a dash for the foreign ...
by sperry8
Sat Dec 22, 2018 1:14 pm
Forum: Personal Investments
Topic: [Vanguard Health Care Fund vs. Health Care ETF]
Replies: 18
Views: 3072

Re: [Vanguard Health Care Fund vs. Health Care ETF]

I'll jump on this old thread since this pertains to my question. I've been a holder of Vanguards (active) Health care fund (VGHAX) for decades. It used to outperform when Ed Owens was the manager but since he retired it is losing against the index fund. Now that the market is down my cap gains are g...
by sperry8
Mon Dec 17, 2018 3:13 pm
Forum: Investing - Theory, News & General
Topic: Anybody have experience with EBSB direct? 2.5% Savings
Replies: 2
Views: 333

Re: Anybody have experience with EBSB direct? 2.5% Savings

I opened an account with them the first time they offered the 2.5% APY acct. Was easy to open and manage online. Took all of 5 minutes. They then discontinued the 2.5% APY rate but rate locked those of us who opened it until June 30, 2019. Obviously the 2.5% APY is back again. Easy money. Go get it.
by sperry8
Mon Dec 17, 2018 3:07 pm
Forum: Personal Investments
Topic: How to TLH VPMCX(Vanguard PRIMECAP)
Replies: 2
Views: 319

Re: How to TLH VPMCX(Vanguard PRIMECAP)

Since they cap us at $25k per year, I'd imagine not. Can you though sell PRIMECAP and buy $25k of Cap Opp? Same team - similar funds. That way you TLH and stay with the same team til you can buy PRIMECAP again. Also - I wouldn't sell all shares... keep at least 1 share so you can buy back in again in.
by sperry8
Fri Dec 14, 2018 12:16 pm
Forum: Investing - Theory, News & General
Topic: Fisher Investments
Replies: 20
Views: 3725

Re: Fisher Investments

I was a former client. As others have stated, you can search Bogleheads for more threads on the topic (including my review of their firm via the first link provided). https://www.bogleheads.org/forum/viewtopic.php?t=63502 https://www.bogleheads.org/forum/viewtopic.php?t=187588 https://www.bogleheads...
by sperry8
Fri Dec 14, 2018 12:12 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 21934

Re: Favorite Purchase of 2018?

A pair of refurbished Sonos Play bluetooth speakers. Love these guys! Play all my music off my phone now and it sounds great.
by sperry8
Tue Dec 11, 2018 8:20 am
Forum: Personal Investments
Topic: Made an unwise investment, help solicited
Replies: 41
Views: 3761

Re: Made an unwise investment, help solicited

Note that short-term capital gains distributions are not offset by capital losses. Some of us found that out with VSS a few years ago. But if you have short-term losses they should offset short term gains, yes? It is my understanding that it's long term losses that cannot be used to offset short......
by sperry8
Mon Dec 10, 2018 5:19 pm
Forum: Personal Investments
Topic: Made an unwise investment, help solicited
Replies: 41
Views: 3761

Re: Made an unwise investment, help solicited

Note that short-term capital gains distributions are not offset by capital losses. Some of us found that out with VSS a few years ago. But if you have short-term losses they should offset short term gains, yes? It is my understanding that it's long term losses that cannot be used to offset short......
by sperry8
Mon Dec 10, 2018 11:44 am
Forum: Personal Investments
Topic: Made an unwise investment, help solicited
Replies: 41
Views: 3761

Re: Made an unwise investment, help solicited

So I probably should have cost averaged into this account instead of all at once. Mistake one. Mathematically this wasn't a mistake. Only in hindsight it was. It is generally better from a return standpoint to be in the market as soon as possible. Stocks go up more often than they go down. So while...
by sperry8
Mon Dec 10, 2018 11:11 am
Forum: Investing - Theory, News & General
Topic: Who is buying SCV, EM, Intl SC
Replies: 41
Views: 3047

Re: Who is buying SCV, EM, Intl SC

I am not buying those - but am considering selling some S&P 500 Index and/or other US stocks that have done quite well. No way I'll sell SCV, EM or Int'l down like this. These things are cyclical and those classes will have their day. It would be pointless to overweight SCV (for example) if you're g...
by sperry8
Mon Dec 10, 2018 9:11 am
Forum: Investing - Theory, News & General
Topic: Tax ramification question
Replies: 12
Views: 1270

Re: Tax ramification question

You’ll need to pay the taxes via estimated payments, withholdings (could be from a W2 job) or meet certain requirements (90% of tax withheld or 100/110% of last years tax bill withheld) or you’ll face a penalty. Right. One must understand the safe harbor rules when it comes to paying taxes. A quart...
by sperry8
Sat Dec 08, 2018 11:45 am
Forum: Personal Finance (Not Investing)
Topic: HSA transfer from one custodian to another
Replies: 5
Views: 933

Re: HSA transfer from one custodian to another

Re: (1) Can we move our funds from Optum to Fidelity - although Fidelity is not our current custodian. I tried to move my cash and investments ie 'transfer inkind' from Optum Bank to Fidelity and could not-need to sell positions first, has to be all cash to move from Optum to Fidelity. You might wa...
by sperry8
Sat Dec 08, 2018 11:42 am
Forum: Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 12724

Re: 20M Inheritance - What is best option for small/no risk on principal?

Nate79 wrote:
Sat Dec 08, 2018 9:13 am
Only on BH would someone say $20M is not a lot. It would put someone well into the 99.5+% percentile of net worth in the US.
Agreed. Stunning statement imo. Perhaps time for a book on perspective and some global travel to regain humble nature.
by sperry8
Sat Dec 08, 2018 11:40 am
Forum: Investing - Theory, News & General
Topic: Tax ramification question
Replies: 12
Views: 1270

Re: Tax ramification question

The CPA is probably looking for a possible wash sale of something you sold in the prior year. Also, your statement is correct about taxes being due other than the possibility you may need to increase withholding or make estimated payments as a result of the sale. Gill Great, thank you. I figured ta...
by sperry8
Sat Dec 08, 2018 11:08 am
Forum: Investing - Theory, News & General
Topic: Tax ramification question
Replies: 12
Views: 1270

Tax ramification question

This may be an obvious q/a, but just to double check: If I sell a mutual fund on the first day of 2019, any cap gains taxes would be due in 2020 for such a sale, correct? For example, I sell a fund on Jan 2, 2019. I would pay cap gains due with my taxes filed on Apr 15, 2020, correct? Or? For some r...
by sperry8
Sat Dec 08, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: What's Your Personal Inflation Rate?
Replies: 38
Views: 2697

Re: What's Your Personal Inflation Rate?

I agree with the OP - my personal inflation rate is trending negative. While some things are up (HC premiums & groceries) most for me are down (shopping, insurance, travel (flat), rent, car). Overall the trend is negative over the past 10 years. I suppose that could change if an illness struck - bu...
by sperry8
Sat Dec 08, 2018 8:21 am
Forum: Investing - Theory, News & General
Topic: What's Your Personal Inflation Rate?
Replies: 38
Views: 2697

Re: What's Your Personal Inflation Rate?

I agree with the OP - my personal inflation rate is trending negative. While some things are up (HC premiums & groceries) most for me are down (shopping, insurance, travel (flat), rent, car). Overall the trend is negative over the past 10 years. I suppose that could change if an illness struck - but...
by sperry8
Sat Dec 08, 2018 8:17 am
Forum: Non-US Investing
Topic: [non-US] Which MSCI World Small Cap ETF?
Replies: 5
Views: 703

Re: [non-US] Which MSCI World Small Cap ETF?

I use iShares ETF SCZ and VG VINEX for my Int'l small cap allocations. VINEX used to be amazing, but no longer. SCZ is very good. If I were putting new monies into this class now, SCZ would be my choice.
by sperry8
Sat Dec 08, 2018 8:15 am
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 241
Views: 23740

Re: What is your allocation to U.S. and International?

Once upon a time I was 67/33, but I'm now about 77/23. I won't let it go below 80/20. In general, I am disappointed in international stocks. I do not, however, believe that US stocks "give international exposure." That idea just makes no sense to me. I have no international bonds. I was also much h...
by sperry8
Sat Dec 08, 2018 8:12 am
Forum: Investing - Theory, News & General
Topic: Worst investing year ever....
Replies: 103
Views: 18238

Re: Worst investing year ever....

While it may be true that everything is going down at once the magnitude is not exactly scary. I think I can deal with my bonds being down 2% while my US stock is down 1-2% and my ex US equity is down a bit more. Even if it was like say -5% for bonds and -15-20% for stocks that is really not all th...
by sperry8
Sat Dec 08, 2018 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Marriott data breach, what are you doing about it?
Replies: 11
Views: 1421

Re: Marriott data breach, what are you doing about it?

The only data in my profile is my physical address, email address (tier 2 website one that I will delete in a year or two for rotation) and cell phone. My real emails (statements from banks etc) all go to an email that is never given out. I never put anything but the minimum required to open an acc...
by sperry8
Sat Dec 08, 2018 7:46 am
Forum: Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 12724

Re: 20M Inheritance - What is best option for small/no risk on principal?

I'd consider this (3.45% yield) Vanguard Short-Term Investment-Grade Fund Admiral Shares (VFSUX) https://investor.vanguard.com/mutual-funds/profile/vfsux and doesn't have the $250k CD FDIC limit. Agree with prior poster that of full $20 million some portion should be in stocks. 30-50% seems prudent ...
by sperry8
Sat Dec 08, 2018 7:42 am
Forum: Personal Investments
Topic: Solid my entire portfolio 12/3/18
Replies: 49
Views: 9114

Re: Solid my entire portfolio 12/3/18

In preparation for moving to a simpler "lazy portfolio" style of investing I sold everything in my retirement portfolio on 12/3/18. So I am now 100% cash. Got a little lucky on the timing, but now I need to figure out when to get back in. With the huge drop in the DOW looks like it would be a good ...
by sperry8
Sat Dec 08, 2018 7:34 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1001
Views: 105632

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

So happy you were able to do an in-kind transfer. I wish those Fidelity reps I spoke with told me this was allowed. I challenged them a lot - but they just kept repeating no. So annoying. In any event, I'm with Fidelity now, all cash and waiting to redeploy. At first I had also regretted selling my...
by sperry8
Fri Dec 07, 2018 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Questions about protecting Premarital Assets
Replies: 21
Views: 2169

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 sperry8
Fri Dec 07, 2018 10:55 am
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 191
Views: 23423

Re: Call the top! - Bitcoin

$265,700 Aug 2019 rofl. looks like I was caught up in the hype. :greedy LOL, I threw out 55,000 but never gambled on it. A couple of my coworkers have not mentioned it for months now. I wonder why? I never bought any crypto either. Some of friends did and were crowing how they were going to be rich...
by sperry8
Fri Dec 07, 2018 9:42 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1001
Views: 105632

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Hello, here’s an update for people with HSA Bank / TDA who want to transfer to Fidelity HSA. Summary: My in-kind transfer from TDA to Fidelity successfully posted today in Fidelity, around 11 business days after starting. No evidence at this point of any fees being charged, as far as I can tell. De...
by sperry8
Fri Dec 07, 2018 9:40 am
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 191
Views: 23423

Re: Call the top! - Bitcoin

sperry8 wrote:
Fri Dec 15, 2017 1:18 pm
$265,700
Aug 2019
rofl. looks like I was caught up in the hype. :greedy
by sperry8
Fri Dec 07, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Questions about protecting Premarital Assets
Replies: 21
Views: 2169

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 an...
by sperry8
Fri Dec 07, 2018 9:32 am
Forum: Personal Consumer Issues
Topic: Travel now & work a bit longer, OR the other way around?
Replies: 38
Views: 3079

Re: Travel now & work a bit longer, OR the other way around?

Nutella Junkie wrote:
Tue Dec 04, 2018 6:16 pm
Travel now, within reason. Tomorrow is not guaranteed to any of us.
+1. Travel now, responsibly. Meaning don't overspend your retirement funds, but travel now. Health is not a guarantee.
by sperry8
Fri Dec 07, 2018 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Climate Concerns re: small Jersey Shore Vacation Home
Replies: 54
Views: 3217

Re: Climate Concerns re: small Jersey Shore Vacation Home

I would most definitely NOT assume that potential increased insurance costs or potential environmental damage due to storms or rising sea levels have been priced into the market. Real estate is not at all like the stock market and there is a lot of institutional, individual, and commercial denial a...
by sperry8
Fri Dec 07, 2018 9:17 am
Forum: Personal Investments
Topic: Should I sell?? 1,118.75% gain!!
Replies: 26
Views: 4069

Re: Should I sell?? 1,118.75% gain!!

Hey everyone, a few years back I dabbled in penny stocks and foolishly bought some terrible stocks that. 7 years later I only buy index funds but in my old scottrade account I had $8 worth of stock that I purchased for $133. I never sold them because it wasn’t worth selling over $8 and plus the com...
by sperry8
Fri Dec 07, 2018 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Marriott data breach, what are you doing about it?
Replies: 11
Views: 1421

Re: Marriott data breach, what are you doing about it?

I'm not sure putting your personal info in yet another database is such a great idea. What info would they have other than your credit card? You could have the CC company send you a new card. The one I use for hotels has an NCP alert on it so I'm not concerned. I am pretty sure I have not used SGP ...
by sperry8
Thu Dec 06, 2018 10:39 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1001
Views: 105632

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

For those who may be considering transferring from HSA Bank to Fidelity, it looks like you'd need to liquidate all holdings to cash in order to complete the transfer. It doesn't appear that HSA Bank is set up to transfer assets in kind... I don't think transfer-in-kind is even a thing in HSAs. It r...
by sperry8
Wed Dec 05, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1001
Views: 105632

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Monies hit Fido account today - still pending, but total monies showing there and no monies showing in TD Ameritrade. Good to see some movement finally.