Search found 5546 matches

by student
Mon Aug 02, 2021 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 1136
Views: 207247

Re: Bank of America/Merrill Edge - Preferred Rewards

My shares show up in ME but haven't left the source brokerage. No cost basis on the ME side. Hopefully they're still doing something, though I don't mind doubling my shares this way :moneybag i've done multiple brokerage transfers over the years, and while the positions themselves move over pretty ...
by student
Mon Aug 02, 2021 10:47 pm
Forum: Personal Consumer Issues
Topic: I really want a car but don't need one: Please help
Replies: 41
Views: 3084

Re: I really want a car but don't need one: Please help

If it is not for the street parking, I would say yes. Financially, here is my rule of thumb, spend no more than 1/3 of one's salary.
by student
Mon Aug 02, 2021 10:44 pm
Forum: Personal Investments
Topic: Question for Plan Vision customers (account linking)
Replies: 15
Views: 1108

Re: Question for Plan Vision customers (account linking)

I can not answer your question. But eMoney is owned by Fidelity . If there was not a way to address your issue that would be quite ironic! Umm... Are you sure? I've not seen or heard anything to this effect... Nothing on the eMoney site(s) indicates this. And many different brokerages/advisors use ...
by student
Mon Aug 02, 2021 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 1136
Views: 207247

Re: Bank of America/Merrill Edge - Preferred Rewards

My shares show up in ME but haven't left the source brokerage. No cost basis on the ME side. Hopefully they're still doing something, though I don't mind doubling my shares this way :moneybag i've done multiple brokerage transfers over the years, and while the positions themselves move over pretty ...
by student
Mon Aug 02, 2021 9:16 pm
Forum: Personal Investments
Topic: Question for Plan Vision customers (account linking)
Replies: 15
Views: 1108

Re: Question for Plan Vision customers (account linking)

Interesting. For me, the fact that I *could* just enter the holdings manually (allowing them to "pull" daily valuations to my account) was a BIG benefit. I am not interested in handing over the credentials to the savings accounts I've worked a lifetime to accumulate. And it's why I refuse...
by student
Sun Aug 01, 2021 7:56 am
Forum: Investing - Theory, News & General
Topic: what is the purpose of bonds as investment? They suck, no?
Replies: 72
Views: 7402

Re: what is the purpose of bonds as investment? They suck, no?

Sure. Stock market tends to go up in time but it may be a very long time. The Nikkei index still has not recovered from its 1989 high at about 38,000. Currently it is at about 27,000 and the high since 1989 was about 30,000.
by student
Sat Jul 31, 2021 7:17 pm
Forum: Personal Investments
Topic: Stable Value, down a little bit this week
Replies: 25
Views: 2214

Re: Stable Value, down a little bit this week

That seems very strange though it can happen. https://www.bogleheads.org/forum/viewtopic.php?t=261726 described a case. Who are the insurance companies that are providing the insurance wrappers? Management Companies: Prudential Investment Management Inc JP Morgan Investment Mgmt Inc Western Asset M...
by student
Sat Jul 31, 2021 6:07 pm
Forum: Personal Investments
Topic: Stable Value, down a little bit this week
Replies: 25
Views: 2214

Re: Stable Value, down a little bit this week

That seems very strange though it can happen. viewtopic.php?t=261726 described a case. Who are the insurance companies that are providing the insurance wrappers?
by student
Thu Jul 29, 2021 8:41 pm
Forum: Investing - Theory, News & General
Topic: [Are You A Market Timer?]
Replies: 31
Views: 2859

Re: [Are You A Market Timer?]

Not really. I don't know enough to be a successful market timer...
by student
Thu Jul 29, 2021 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: How would you help a family member?
Replies: 8
Views: 844

Re: How would you help a family member?

In general, it is unlikely that I will provide this type of financial help to someone who is living a fancier lifestyle than me.
by student
Thu Jul 29, 2021 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 1136
Views: 207247

Re: Bank of America/Merrill Edge - Preferred Rewards

As far as checking, I think I need an Advantage Relationship account, not Advantage Plus. I can't enroll in Preferred Rewards just yet, and Advantage Plus requires $1500 in checking whereas Relationship lets me use ME as show-the-money account. My checking account is labeled Adv Plus Banking. Mine ...
by student
Thu Jul 29, 2021 3:05 pm
Forum: Personal Consumer Issues
Topic: Haier Appliances- Your Thoughts?
Replies: 14
Views: 1370

Re: Haier Appliances- Your Thoughts?

Haier owns and manufactures GE appliances. The quality levels should be pretty close. I remember watching a documentary about Haier. It seems that long time ago, Haier wanted a relationship with GE, and essentially laughed out of the door, so it was kind of a big deal when they purchased GE applian...
by student
Thu Jul 29, 2021 12:13 pm
Forum: Personal Investments
Topic: Morgan Stanley and Charles Schwab does not have easy way to assign beneficiary to employer's RSUs (stock) account
Replies: 9
Views: 678

Re: Morgan Stanley and Charles Schwab does not have easy way to assign beneficiary to employer's RSUs (stock) account

marcuscato1983 wrote: Thu Jul 29, 2021 11:52 am Tracking the cost basis on our own may be doable, but I wonder what happens if IRS challenges the cost basis and the brokerage cannot confirm your set cost basis.
Maybe you can print out the info from the account regarding the vest date and the price.
by student
Wed Jul 28, 2021 8:08 pm
Forum: Investing - Theory, News & General
Topic: TIAA in the News Today [Fined $9M, $97M restitution for steering customers into high fee accounts]
Replies: 65
Views: 6255

Re: TIAA in the News Today [Fined $9M, $97M restitution for steering customers into high fee accounts]

I've been with TIAA-CREF for more than 20 years and this is really disconcerting and sad. It has all the elements of the Con: Build up trust and then trim the "mark." Doesn't make me feel good about having most of my retirement with them. Just stick with your portfolio with low cost funds.
by student
Wed Jul 28, 2021 1:56 pm
Forum: Personal Consumer Issues
Topic: How to become an Adjunct Professor?
Replies: 63
Views: 4956

Re: How to become an Adjunct Professor?

I read all these comments and wonder where all these tuition moneys are going if universities pay in fact below minimum wages to adjuncts who teach so many courses these days? It is the facilities and a big group of student support staff. You can look at some numbers about faculty compensation here...
by student
Wed Jul 28, 2021 6:40 am
Forum: Investing - Theory, News & General
Topic: TIAA in the News Today [Fined $9M, $97M restitution for steering customers into high fee accounts]
Replies: 65
Views: 6255

Re: TIAA in the News Today [Fined $97M for steering customers into high fee accounts]

Thanks Ralph and John. Until this thread, I've never even considered an annuity fitting into our retirement plan and my uneducated knee jerk thought was that other than a SPIA (I'm no expert on SPIA's but have followed Taylor/other posts on potential benefits of SPIA) variable annuities are not att...
by student
Tue Jul 27, 2021 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: How close am I to early retirement?
Replies: 20
Views: 3537

Re: How close am I to early retirement?

It seems that you are ready to retire unless disaster strikes. I am very surprise that PC says no.
by student
Tue Jul 27, 2021 3:30 pm
Forum: Personal Consumer Issues
Topic: How to become an Adjunct Professor?
Replies: 63
Views: 4956

Re: How to become an Adjunct Professor?

You can simply send your cv/resume to the chair/head of the department. When I was the chair/head of my department, I received such cv/resume a few times a year and I interviewed all the candidates. However, the pay is likely bad, especially if a place does not have a union. There are exceptions, of...
by student
Tue Jul 27, 2021 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Not All ATM Fees Are Reimbursed By Fidelity (Problem Resolved)
Replies: 33
Views: 2684

Re: Not All ATM Fees Are Reimbursed By Fidelity...

PURCHASE" got recategorized as "CASH ADVANCE ATM" on Sunday, and then I saw the ATM rebate last night! Apparently I just needed to have waited and the customer service rep. I spoke with didn't know that it could a few days the first time a customer incurs and ATM fee. You may want to...
by student
Tue Jul 27, 2021 1:05 pm
Forum: Personal Investments
Topic: Stable value fund or TBM+stable value fund?
Replies: 42
Views: 2462

Re: Stable value fund or TBM+stable value fund?

Small follow-up - I did speak to my 401K plan. Not a particularly enlightening call. They did confirm that the Neuberger Berman Total Bond Market fund is an index fund. I have never heard anything on these boards about the Neuberger Berman group, which in all honesty makes me a bit nervous. I have ...
by student
Mon Jul 26, 2021 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Are Private Universities Worth It Compared to State Universities?
Replies: 218
Views: 18288

Re: Are Private Universities Worth It Compared to State Universities?

You may be interested in this thread. https://www.bogleheads.org/forum/viewtopic.php?f=2&t=200269&p=3066874&hilit=Ivy+league#p3066874 UC is an excellent system. Unless is money is no object, I will stick with UC. Thanks. I agree UC is a great university system. But the problem is that g...
by student
Mon Jul 26, 2021 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Are Private Universities Worth It Compared to State Universities?
Replies: 218
Views: 18288

Re: Are Private Universities Worth It Compared to State Universities?

You may be interested in this thread. viewtopic.php?f=2&t=200269&p=3066874&hi ... e#p3066874

UC is an excellent system. Unless is money is no object, I will stick with UC.
by student
Mon Jul 26, 2021 6:41 am
Forum: Non-US Investing
Topic: USA expat and foreign taxes on unearned income
Replies: 4
Views: 673

Re: USA expat and foreign taxes on unearned income

I have not heard of any country (at least countries that I would consider visiting) taxing tourists for income. The US will do it - have you been there? Canadians who spend the winter in the US (allowed 6 months) can become subject to US tax. It takes less time than that too if you do it yearly the...
by student
Sun Jul 25, 2021 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Child starting at USF (University South Florida). Retirement option companies suggestions???
Replies: 7
Views: 966

Re: Child starting at USF (University South Florida). Retirement option companies suggestions???

TIAA is fine. USF is a big place, so he will get the best ER for their offerings. For example, 0.17% ER for its index (Russell 3000) annuity. It may even include institutional version, which ER will be competitive to Vanguard. Also TIAA has its unique Traditional (stable value) and Real Estate, whic...
by student
Sun Jul 25, 2021 6:25 pm
Forum: Non-US Investing
Topic: USA expat and foreign taxes on unearned income
Replies: 4
Views: 673

Re: USA expat and foreign taxes on unearned income

I have not heard of any country (at least countries that I would consider visiting) taxing tourists for income.
by student
Sun Jul 25, 2021 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Class-action Lawsuit Against a Mutual Fund
Replies: 25
Views: 3001

Re: Class-action Lawsuit Against a Mutual Fund

FWIW: At quick glance, I do see the ER of this fund is 20 basis points which is high without a doubt (multiple of what other firms like Schwab, Vanguard, etc. would charge for a similar broad market US index fund). Therefore, performance has been impacted vs. the benchmark (per Schwab performance r...
by student
Sun Jul 25, 2021 3:10 pm
Forum: Personal Investments
Topic: Should I Rebalence
Replies: 8
Views: 925

Re: Should I Rebalence

I would also say yes especially since there are no tax consequences.
by student
Sun Jul 25, 2021 2:07 pm
Forum: Personal Investments
Topic: Will Vanguard move funds on your behalf?
Replies: 13
Views: 1043

Re: Will Vanguard move funds on your behalf?

My experience with taxable accounts and IRA accounts, you can just ask the receiving brokerage to start the process. It is easy unless the current account contains investments that cannot be transferred.
by student
Sun Jul 25, 2021 2:05 pm
Forum: Investing - Theory, News & General
Topic: American Express New Financial Planning Tool
Replies: 4
Views: 1111

Re: American Express New Financial Planning Tool

I also went to Bodeswell and tried it myself. I do not like it. I prefer the ones from Fidelity and Personal Capital.
by student
Sun Jul 25, 2021 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Should I dispute charge or just hope for best
Replies: 7
Views: 1071

Re: Should I dispute charge or just hope for best

I agree that it is odd that they purchased the paint but don't plan on being able to do the work for another couple of months. Do you have the communications with the company about getting to it "this fall" in writing? If not, I'd recommend you confirm by email, something along the lines ...
by student
Sat Jul 24, 2021 9:34 pm
Forum: Spain
Topic: Dollars to Euros
Replies: 32
Views: 1774

Re: Dollars to Euros

A number of places reimburse ATM fees internationally and the exchange rate is good. Fidelity, Schwab, Chase Sapphire checking, Ally. See https://upgradedpoints.com/finance/best ... -atm-fees/
by student
Sat Jul 24, 2021 7:35 pm
Forum: Personal Consumer Issues
Topic: Car Alignment - Necessary?
Replies: 18
Views: 1825

Re: Car Alignment - Necessary?

I did alignment once and I consider it a ripoff in that case. It was my own fault. They suggested alignment since I put on new tires, I agreed. Afterward, I saw the printout, the data before and after the alignment, and I believe it was a ripoff since the delta was small. You may want to ask them to...
by student
Sat Jul 24, 2021 7:32 pm
Forum: Personal Consumer Issues
Topic: Home security - what do you do? Wyze Security System?
Replies: 33
Views: 2621

Re: Home security - what do you do? Wyze Security System?

I have the Wyze system for a couple of months. It is working. I will most likely continue the subscription.
by student
Sat Jul 24, 2021 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 1136
Views: 207247

Re: Bank of America/Merrill Edge - Preferred Rewards

As I noted above, you no longer lose benefits as the only benefit that one used to lose is the free trades but it is not relevant anymore, as everyone gets free trades. However one does gain benefits. See https://i.imgur.com/t6wUnJc.png which is a summary from several years ago when free trades wer...
by student
Sat Jul 24, 2021 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Term life Vs. whole life
Replies: 64
Views: 4663

Re: Term life Vs. whole life

anon_investor wrote: Sat Jul 24, 2021 7:17 am
StevieG72 wrote: Sat Jul 24, 2021 7:15 am RUN from whole life policies! They person that sells it to you gets a HUGE commission so there is a conflict of interest.
+1.
+2.
by student
Sat Jul 24, 2021 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgages in Canada
Replies: 2
Views: 291

Re: Mortgages in Canada

Have you looked at https://www.finiki.org/wiki/Main_Page which many refer to as our sister site for Canadians?
by student
Sat Jul 24, 2021 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 1136
Views: 207247

Re: Bank of America/Merrill Edge - Preferred Rewards

i signed up for merrill the moment i found out about preferred awards, which was like 5-6 years ago. they easily have the best cashback credit cards in the industry -- it's not even close. they call me once a year to try to upsell, but other than the 2 minute thanks but no thanks response they leav...
by student
Sat Jul 24, 2021 9:38 am
Forum: Personal Investments
Topic: Employer to only match while using financial advisor/firm
Replies: 92
Views: 5615

Re: Employer to only match while using financial advisor

Welcome to the forum. :happy I think you've over-stated the dollar amount in your example, by a factor of 10. 3% of $100 is $3, not $30. I would completely avoid this arrangement as it's nearly certain to be a money loser for your fiance. If you want more considered responses, please edit your post...
by student
Sat Jul 24, 2021 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 1136
Views: 207247

Re: Bank of America/Merrill Edge - Preferred Rewards

i signed up for merrill the moment i found out about preferred awards, which was like 5-6 years ago. they easily have the best cashback credit cards in the industry -- it's not even close. they call me once a year to try to upsell, but other than the 2 minute thanks but no thanks response they leav...
by student
Fri Jul 23, 2021 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 1136
Views: 207247

Re: Bank of America/Merrill Edge - Preferred Rewards

I opened a BoA checking account just to qualify for the PR program. I just keep $50 in that checking account. Do they wait the monthly fee on the checking for having $100k in a ME account? Yes. You don't even need $100k. Gold level is enough for them to waive fees on up to 4 checking/saving accounts.
by student
Fri Jul 23, 2021 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring Early Just on Savings (i.e. No Significant Pension or SS) mitigating market risks
Replies: 36
Views: 5291

Re: Retiring Early Just on Savings (i.e. No Significant Pension or SS) mitigating market risks

Wanderingwheelz wrote: Fri Jul 23, 2021 6:53 am In other words, if I end up in trouble, Americans in my cohort are in HUGE trouble because I am better prepared than average and I’m also more savvy than average. My wife jokes in a nuclear holocaust it’ll be me and the cockroaches that are left. (I don’t laugh.)
This is so funny.
by student
Fri Jul 23, 2021 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 1136
Views: 207247

Re: Bank of America/Merrill Edge - Preferred Rewards

I think you'll need to open up a BofA bank account and Merrill brokerage account, which often offer bonuses for transfers (not sure if it has to be cash or transferred equities would count). The BofA side calculates your rolling 3 month average once a month, so it takes some time to hit status tier...
by student
Fri Jul 23, 2021 4:52 pm
Forum: Personal Investments
Topic: Are fiduciary's actually trustworthy?
Replies: 58
Views: 4639

Re: Are fiduciary's actually trustworthy?

k8n wrote: Fri Jul 23, 2021 4:20 pm He made many different suggestions, but one of the suggestions he made was to invest in whole life insurance.
That's a signal that he doesn't have your best interest.
by student
Fri Jul 23, 2021 7:34 am
Forum: Investing - Theory, News & General
Topic: "Target-Date Deep Dive: Vanguard" by Morningstar
Replies: 55
Views: 5356

Re: "Target-Date Deep Dive: Vanguard" by Morningstar

I think Vanguard's target fund is great, much better than its PAS offerings.
by student
Thu Jul 22, 2021 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Submit a car insurance claim or not
Replies: 17
Views: 1470

Re: Submit a car insurance claim or not

I probably would not file a claim. But it might be a good opportunity to review your levels of insurance, including your deductibles. Every time I talk with my insurance agent, I learn something and it is always a good refresher about why I actually have insurance. For me, it is not for things that...
by student
Thu Jul 22, 2021 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 1136
Views: 207247

Re: Bank of America/Merrill Edge - Preferred Rewards

Anyone operating their BH portfolio with Merrill Edge? In theory, if I do that then I'd always have 100K+, unless I frontload withdrawals using high-percentage methods. I hold VTI and VXUS at Merrill Edge to qualify for the Platinum Honors level rewards. No fees, no interactions with anybody, nada....
by student
Thu Jul 22, 2021 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Splitting inheritance among heirs with unequal IRA beneficiary
Replies: 35
Views: 2791

Re: Splitting inheritance among heirs with unequal IRA beneficiary

Lee_WSP wrote: Thu Jul 22, 2021 5:30 pm Another option is to disclaim everything else and keep the IRA.
This seems to be the most straightforward and involves the least hassles.
by student
Thu Jul 22, 2021 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Splitting inheritance among heirs with unequal IRA beneficiary
Replies: 35
Views: 2791

Re: Splitting inheritance among heirs with unequal IRA beneficiary

Sit everyone down, explain the situation and what you’d like to happen and see what everyone wants to do. The IRA has passed outside the estate and is currently beyond the reach of the executor. Disclaiming may have unintended consequences, so you should pay for expert advice on that. Giving some o...
by student
Thu Jul 22, 2021 2:20 pm
Forum: Personal Consumer Issues
Topic: Virtual Personal Assistant
Replies: 5
Views: 401

Re: Virtual Personal Assistant

123 wrote: Thu Jul 22, 2021 2:13 pm This is what spouses or significant others are for.

They are unstoppable. They will also think of things you need to buy or do that you haven't dreamed of yet.
This is so funny.