Search found 5372 matches

by student
Wed Apr 14, 2021 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense that a car dealer needs to do a hard pull if you pay in full by check (cash)?
Replies: 47
Views: 3296

Re: Does it make sense that a car dealer needs to do a hard pull if you pay in full by check (cash)?

Two years ago we bought a new Lexus for my wife. I wouldn't let them run a credit check since we intended to pay cash. Once we knew the full amount due, and gave them the maximum down payment that they would agree to on a credit card to score some miles, we told them we would run down the street to...
by student
Mon Apr 12, 2021 4:15 pm
Forum: Personal Consumer Issues
Topic: USPS Delivery issues
Replies: 35
Views: 2545

Re: USPS Delivery issues

Here's an update for those interested, I called TSP and they let me know that I will have to resubmit the package, the deadline has come and gone. My lesson is learned and I will never use certified mail for time sensitive material again, or the USPS if at all possible. I've never called TSP before...
by student
Sun Apr 11, 2021 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Thinking about parking $30k with Morgan Stanley for a free Amex Plat Card
Replies: 24
Views: 7157

Re: Thinking about parking $30k with Morgan Stanley for a free Amex Plat Card

Recently I moved over the minimum $5,000 to open a Morgan Stanley Access Investing account (robo investing). Fees are 0.35% robo advisor fee plus index ETF expense ratios in a 75% equities 25% fixed income allocation. Is it possible to specify that you want 100% fixed income allocation? I don't wan...
by student
Thu Apr 01, 2021 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 790
Views: 175999

Re: Bank of America/Merrill Edge - Preferred Rewards

I’m new to the Merrill Edge /Bank of America ecosystem and opened accounts to get Preferred Rewards / Platinum Honors and a bonus. I notice that my Merrill Edge and BofA accounts both suggest linking the online accounts, but I have not done this yet. Is this (i) necessary/helpful to qualify for Pre...
by student
Tue Mar 30, 2021 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Notice of Data Breach
Replies: 10
Views: 1087

Re: Notice of Data Breach

Thank you for the responses.
by student
Tue Mar 30, 2021 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Notice of Data Breach
Replies: 10
Views: 1087

Notice of Data Breach

I received a letter from a regional bank that I no longer do business with. It says that Accellion, a vendor that it uses for its file sharing platform has a vulnerability that was exploited. It was determined that my social security number, first name, last name, phone number and addresses was expo...
by student
Mon Mar 15, 2021 2:03 pm
Forum: Personal Investments
Topic: TIAA Traditional SRA in 403(b) yielding 3%. What's the catch?
Replies: 18
Views: 1479

Re: TIAA Traditional SRA in 403(b) yielding 3%. What's the catch?

Since you said SRA, it is likely that it is the liquid version. Just make sure that it is indeed the fully liquid form of Trad Ann. The SRA is always liquid. There are six types of TIAA Traditional annuity. Here's a table that compares them: https://www.tiaa.org/public/pdf/understanding_your_new_re...
by student
Sun Mar 14, 2021 10:54 am
Forum: Personal Investments
Topic: TIAA Traditional SRA in 403(b) yielding 3%. What's the catch?
Replies: 18
Views: 1479

Re: TIAA Traditional SRA in 403(b) yielding 3%. What's the catch?

Since you said SRA, it is likely that it is the liquid version. So no catch. Personally, I have essentially all my fixed income in TIAA Traditional. You may find this helpful. http://collegeretirement.blogspot.com/2 ... -deal.html
by student
Fri Mar 12, 2021 7:31 am
Forum: Personal Investments
Topic: Transfer from Vanguard to Merrill Edge
Replies: 11
Views: 1061

Re: Transfer from Vanguard to Merrill Edge

Others have given you advantages of converting. I think the second part of the question that you should ask is what is the advantage of not converting.
by student
Wed Mar 10, 2021 11:40 pm
Forum: Personal Investments
Topic: S&P 500 Index Funds v/s Total Stock Market Index
Replies: 24
Views: 4303

Re: S&P 500 Index Funds v/s Total Stock Market Index

To me, they will give similar return in the long run. So either one is fine. I also view them as good TLH partners.
by student
Tue Mar 09, 2021 8:23 am
Forum: Personal Investments
Topic: Would you hold 100% of fixed income allocation in TIAA traditional?
Replies: 14
Views: 1181

Re: Would you hold 100% of fixed income allocation in TIAA traditional?

I currently hold almost all my fixed income in TIAA Traditional.
by student
Sun Mar 07, 2021 8:16 pm
Forum: Personal Consumer Issues
Topic: Consumer Math Question
Replies: 32
Views: 2109

Re: Consumer Math Question

Kywildcat wrote: Sun Mar 07, 2021 11:28 am I would think that she she could have gotten 2 $200 gift cards for $300.

1. First $200 gift card costs $200 (full price)
2. Second $200 gift card is 50% off so a cost of $100

Total cost: $300
Total Value: $400
This will be my interpretation.
by student
Sun Mar 07, 2021 10:26 am
Forum: Personal Finance (Not Investing)
Topic: My bank is closing - should I move all my accounts?
Replies: 12
Views: 918

Re: My bank is closing - should I move all my accounts?

This is very standard with one bank buying another. It should not be a problem.
by student
Sat Mar 06, 2021 6:42 pm
Forum: Personal Investments
Topic: Is my Financial Advisor's advice sound?
Replies: 69
Views: 6579

Re: Is my Financial Advisor's advice sound?

I stopped reading when I see the advisor tries to sell you whole life insurance. That's a big fat no. viewtopic.php?t=249312
by student
Sun Feb 28, 2021 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Scientific journal publication fees deductible on Sched C?
Replies: 16
Views: 852

Re: Scientific journal publication fees deductible on Sched C?

Yes. I believe that it is routinely done. I personally do the following to avoid such issues. I have a personal research/teaching account at the university. For honorarium, I ask it to be paid to the university, then I arrange for it to be deposited into my account. This will be in support of my res...
by student
Sat Feb 27, 2021 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Changing plans from TIAA legacy to RC
Replies: 39
Views: 2233

Re: Employer Changing plans from TIAA legacy to RC

What are available at TIAA? My understanding is that your old contract is still there for old money. So unless your old contract is 100% TIAA Traditional, you can still shift money within the old contract to TIAA Traditional and but stock funds in the new contract. That is not possible. Only the TI...
by student
Sat Feb 27, 2021 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Changing plans from TIAA legacy to RC
Replies: 39
Views: 2233

Re: Employer Changing plans from TIAA legacy to RC

Many messages in this thread don't properly credit the fact that the changes (Subject Line) are driven more by the employer (and, one hopes, its Investment Committee, or similar body) than by TIAA. The employer is concerned about being charged with offenses like high ERs or "risky" invest...
by student
Fri Feb 26, 2021 9:12 am
Forum: Personal Investments
Topic: TIAA's New CEO
Replies: 13
Views: 1250

Re: TIAA's New CEO

I have a, for us, substantial amount in TIAA Trad, and my intention has been to annuitize it. If I am buying a vanilla SPIA from New York Life or whoever, I only care about the rates and the company's rating. But TIAA is a little different ... the 'additional amounts' matter. With them, TIAA is a g...
by student
Thu Feb 25, 2021 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: retire now or wait 4 months for Social Security?
Replies: 44
Views: 4305

Re: retire now or wait 4 months for Social Security?

benderbr wrote: Thu Feb 25, 2021 11:06 pm It's not the 4 months of income I'd be worries about - it's the 3 years of health insurance premiums.
+1.
by student
Thu Feb 25, 2021 11:12 pm
Forum: Personal Investments
Topic: TIAA's New CEO
Replies: 13
Views: 1250

Re: TIAA's New CEO

My knee jerk reaction is that this is not good to bring in a wall street person. I like Ferguson, I don't particular like what Allison did to TIAA. I like Biggs.
by student
Thu Feb 25, 2021 8:47 pm
Forum: Personal Consumer Issues
Topic: At what point will Amazon ban someone?
Replies: 37
Views: 4818

Re: At what point will Amazon ban someone?

Recall LL Bean used to have no question asked unlimited returns, but it wasn’t real. They did call me once to say they would process my return at the time but no more. Note often I asked for exchange not even cash back, but they reached some unwritten limit. So I have never ordered from those liars...
by student
Thu Feb 25, 2021 3:27 pm
Forum: Personal Consumer Issues
Topic: Air Purifier
Replies: 37
Views: 2337

Re: Air Purifier

I read that using a box fan with a filter also works well. https://www.youtube.com/watch?v=0uZKBlwLEFs
by student
Thu Feb 25, 2021 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Is this a pipe dream? - Retiring at 50
Replies: 28
Views: 3557

Re: Is this a pipe dream? - Retiring at 50

It is also not clear to me whether "$4,000/mo. with COLA and Social Security when eligible" means (1) $4,000/month with COLA now, and (2) Social Security when eligible, or it means you can get both items when eligible. If it is the former, then you have $48,000 per year plus health care, t...
by student
Wed Feb 24, 2021 7:29 am
Forum: Personal Investments
Topic: Help me fire my financial advisor :)
Replies: 34
Views: 5083

Re: Help me fire my financial advisor :)

You are obviously a smart person to have accomplished this. I think you can do this yourself without a financial advisor. For investing, a simple way is to get a target date index fund. It contains stock (domestic and international) and bond. A 3-fund portfolio gives you more control.
by student
Tue Feb 23, 2021 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Credit Card: [Update on Experiences, drops two benefits]
Replies: 167
Views: 12479

Re: Fidelity Rewards Visa dropping two benefits

I just received the email. In the email, stated a (useless) benefit will be added. Many issuers are eliminating these benefits. So it is not surprise to me.
by student
Tue Feb 23, 2021 10:06 am
Forum: Personal Finance (Not Investing)
Topic: IRS cashed check for 2019, but no record of filing?
Replies: 8
Views: 494

Re: IRS cashed check for 2019, but no record of filing?

My friend told me that after calling IRS, it said one can still efile without the AGI info from 2019, by entering $0 for it. You may want to call them.
by student
Mon Feb 22, 2021 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Still waiting on 2019 paper tax return?
Replies: 38
Views: 1951

Re: Still waiting on 2019 paper tax return?

One of my friends is still waiting on it.
by student
Mon Feb 22, 2021 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Cash: a survey
Replies: 95
Views: 6322

Re: Cash: a survey

1) about 6%
2) at least 12 months
3) I am min-50s, working full time
by student
Sat Feb 20, 2021 8:40 pm
Forum: Personal Investments
Topic: Have you gotten your 2021 Schwab 1099 yet?
Replies: 39
Views: 2823

Re: Have you gotten your 2021 Schwab 1099 yet?

Anyone got the tax form for the Schwab checking account? I thought I got one last year as I have an entry in the TurboTax app. But I can't find the form for either this or last year in their tax center. Turbotax keeps asking me to provide info and I am at loss at what to put there, maybe just $0? :...
by student
Sat Feb 20, 2021 11:27 am
Forum: Personal Investments
Topic: Have you gotten your 2021 Schwab 1099 yet?
Replies: 39
Views: 2823

Re: Have you gotten your 2021 Schwab 1099 yet?

I also got my 1099-DIV a couple of days ago but not 1099-INT for my checking and savings accounts. I know only a couple dollars of interests but they sent one last year.
by student
Fri Feb 19, 2021 10:25 pm
Forum: Personal Investments
Topic: U.S. government obligations information
Replies: 4
Views: 533

Re: U.S. government obligations information

Thank you for the replies. They are very helpful.
by student
Fri Feb 19, 2021 1:31 pm
Forum: Personal Investments
Topic: How to Find Cost Basis at Tiaa-CREF
Replies: 5
Views: 406

Re: How to Find Cost Basis at Tiaa-CREF

student , thank you for your comment. I think you are talking about the drop-down button marked Quick Links|Daily Summary.Actually, I'm not confident of the accuracy of that "across all accounts" summary, because I see some useless or inaccurate data when I look at my five individual acco...
by student
Fri Feb 19, 2021 8:34 am
Forum: Personal Investments
Topic: U.S. government obligations information
Replies: 4
Views: 533

U.S. government obligations information

I used to have all mutual funds housed in their respective firms so when I filled out the tax return, I did it per fund when I used the info from the 1099-DIV, and I would enter the respective U.S. government obligations information in the software of the same screen. So the correct value was propag...
by student
Fri Feb 19, 2021 8:15 am
Forum: Personal Investments
Topic: How to Find Cost Basis at Tiaa-CREF
Replies: 5
Views: 406

Re: How to Find Cost Basis at Tiaa-CREF

Excellent question. I assume you mean for your TIAA legacy products, like CREF Stock VA, not a brokerage window addition, where it is easy to find. Sadly, I think the answer is no. TIAA does know your grand total pre-tax amount invested, the Investment In Contract, but they use another name for it....
by student
Wed Feb 17, 2021 5:45 pm
Forum: Personal Investments
Topic: TIAA Traditional, checking in Feb 2021
Replies: 15
Views: 1308

Re: TIAA Traditional, checking in Feb 2021

camillus wrote: Wed Feb 17, 2021 5:23 pm My next move is to put my emergency fund in TRAD and convert some checking $ into taxable investments. They'll never see it coming.
I think this is a standard technique. I think I once saw a wiki on this board about this.
by student
Tue Feb 16, 2021 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: So you all have me considering opening a Merrill Lynch edge account along with the BoA preferred rewards card.
Replies: 30
Views: 2523

Re: So you all have me considering opening a Merrill Lynch edge account along with the BoA preferred rewards card.

I am in the process of opening a Vanguard account as I want to close out two retirement accounts with brokerage houses that are charging me far too much money to hold my IRAs. Besides that I have a Fidelity brokerage account for my stocks. I have read a number of good reviews here regarding the edg...
by student
Sat Feb 13, 2021 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Closing Credit Cards
Replies: 11
Views: 679

Re: Closing Credit Cards

If you are not worried about credit score, then there is no reason not to close at long as you have several cards left. I think I should have at least one of each major network, in case one network is down.
by student
Sat Feb 13, 2021 7:49 am
Forum: Investing - Theory, News & General
Topic: High profile Bogleheads among us?
Replies: 4
Views: 7567

Re: High profile Bogleheads among us?

I think Bernanke is known to hold a simple portfolio. https://www.investmentnews.com/bernanke ... osed-16470 http://www.mandomarketing.com/library/w ... folios.pdf has information on Bernanke and Yellen.
by student
Fri Feb 12, 2021 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab vs Fidelity - For Brokerage/Banking/Debit & Credit Card Use
Replies: 49
Views: 5057

Re: Schwab vs Fidelity - For Brokerage/Banking/Debit & Credit Card Use

Thanks to you all for your responses. Very strange that fidelity doesn't update their terms to reflect this as it definitely makes it seem as though their offering is inferior to schwabs. Very interesting indeed. In fact, I just looked at its website https://www.fidelity.com/cash-management/fidelit...
by student
Fri Feb 12, 2021 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab vs Fidelity - For Brokerage/Banking/Debit & Credit Card Use
Replies: 49
Views: 5057

Re: Schwab vs Fidelity - For Brokerage/Banking/Debit & Credit Card Use

Can someone clear this up for me? Fidelity cash management account says that they'll refund atm fees worldwide, but there's a 1% commission on foreign atm withdrawals. I called up and they said that this is charged as a 1% load on the visa exchange rate. Others on here have said that they haven't b...
by student
Fri Feb 12, 2021 6:42 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2867
Views: 455318

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

For those that have done a transfer to Merrill Edge, does anyone know if the -$50 cash balance that is the account accrues interest charges or will that just be "on them" until you come up with the $50 to pay them back. This $50 amount is what Schwab charged for the full ACAT transfer to ...
by student
Fri Feb 12, 2021 6:22 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2867
Views: 455318

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

For those that have done a transfer to Merrill Edge, does anyone know if the -$50 cash balance that is the account accrues interest charges or will that just be "on them" until you come up with the $50 to pay them back. This $50 amount is what Schwab charged for the full ACAT transfer to ...
by student
Fri Feb 12, 2021 5:33 pm
Forum: Investing - Theory, News & General
Topic: TIAA Traditional Guaranty
Replies: 13
Views: 3808

Re: TIAA Traditional Guaranty

You may find this thread interesting. https://www.bogleheads.org/forum/viewtopic.php?t=6058 The person who started that thread lives in Massachusetts. The OP on this thread lives in Connecticut. Insurance regulations are different in every state. As I pointed out, group annuities are covered by the...
by student
Fri Feb 12, 2021 2:49 pm
Forum: Investing - Theory, News & General
Topic: TIAA Traditional Guaranty
Replies: 13
Views: 3808

Re: TIAA Traditional Guaranty

You may find this thread interesting.

viewtopic.php?t=6058
by student
Fri Feb 12, 2021 7:35 am
Forum: Personal Consumer Issues
Topic: Help find an unbiased news source...
Replies: 90
Views: 4614

Re: Help find an unbiased news source...

I like to watch PBS, CBC, DW and Al Jazeera.
by student
Fri Feb 12, 2021 12:01 am
Forum: Personal Finance (Not Investing)
Topic: Schwab vs Fidelity - For Brokerage/Banking/Debit & Credit Card Use
Replies: 49
Views: 5057

Re: Schwab vs Fidelity - For Brokerage/Banking/Debit & Credit Card Use

I have both. According to T&C, Fido debit charges fx transaction fee for ATM but in practice they don’t seem to be. Yet they refuse to update T&C. In this regard I go with Schwab. What I don’t like about Schwab is their ATM transaction takes a couple of days to post where as Fido takes avai...