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T Bills/Treasury MMF maybe better if you have high state tax like NY, Ca.

Here is a good article explaining why sms is not safe...

I agree with 2017ish. Have your mother never talk to that scum at Citi again and then you can help her with the immediate annuity purchase. You can also try using Abaris site, which provide more detail than immediateannuity and you are not obligated to talk to anyone unless you want to...

Have you estimated out your monthly expenses including all taxes and healthcare costs for your family?

My opinion, you should sit down and figure out your cash inflows each month from various sources and calculate what are the necessity expenses and if there are some excess then "play" with that little amount. You say you worked for a hedge fund, did they beat the benchmark? If so how much work...

I am assuming you are referring to laddering immediate annuity, not the other crappy high fees annuities people are referring to? I spoke with a mass mutual guy and he recommended that method rather than lump sum. I am also looking to blend that with some longevity insurance, but still doing...

I doubt they will operate independently. I thought about transferring out of ST but just saw that TD has over 100 no commission ETFs including ishares and Vanguard so I will stay put for now.

The recent trend has been for mutual funds to invest in pre-ipo stocks or late stage VC type investments. This is not unusual as indicated in the article and even conservative Vanguard has done so. But the screw up thing about Fido is they are not doing it for the mutual funds but their own...

I think more concerning is the custodians that actually house the assets and records. When you invest you are not sending the money to Vanguard directly but rather the custodian(s). I know Vanguard uses State Street, Bank of NY, and Brown Brothers. If someone or group is able to wipe out the...

Thanks for the response. I didn't put down he also makes racist remarks in front of some employees and the rage he goes into when a certain political events on CNN he disagrees with. He hasn't targeted me but I know many of the employees do feel the work place has gone down but too afraid to...

Just curious what is considered on the job discrimination? Not looking to sue any one but where I work, a small firm with about 12 people, I have noticed there are signs the CEO is favoring some individuals while picking on others for no apparent reason. The current CEO took over since the...

Sounds like bad CS for a few extra basis points. Not worth it to me. Sticking with Ally and Amex for now.

Or VT, Vanguard Total World. Is more expensive than buying two ETFs separately but is easier to hold just one and not to have to worry about rebalancing.

The same questions have been asked many times, what happens when rates rise? or Will my fund tank if rates rise? That was tested, although briefly, in 2013 when rates rose over 1%. Did your portfolio collapsed? I know my balanced portfolio did more than fine. And when rates do rise more...

CIT bank is offering 2.5% for 5 years so about the same. The better deal looks to be the 30 months @ 2.25%

Hope the next deal is with master card since we just got the Citi double points. Only use amex at costco so definitely dropping amex next year if costco doesn't renew.

Brokers send them out around mid to late Feb. Same as last year from Fid, Vang, and Scottrade. If you have only mutual fund accounts then you get them around mid Jan.

I ran the numbers using 68% Vanguard Total World, 8% Vanguard Total Int'l Bond, 8% Total Bond Index, and 16% cash earning 1%, the weighted return was 4.00%. So yes he underperformed but not by a huge margin. But not sure if that was before the FA's fees. As others have pointed out, you can...

My guess is your account was too small to matter. If you had tens of millions with him, he would have kissed your azz. What kind of funds did he invest in? Were they index or active?

Have you looked at Cap One? They are offering $100 if you spend $500 within first 3 months and their cash rebate is 1.50%. Or Citi with their double cash back.

I will guess your portfolio is a bit more volatile vs. Wellington given there is more credit and small cap risk relative to Well. But if you don't mind the little extra up and down, stick to what you have. Or you can cash out a portion and put in Wellington so you have a competition within...

Goes back to the original question, would one buy a higher ER fund? I guess it depends on how much higher? Vanguard's Wellington has higher expense than Vanguard Balance, around 0.25% vs 0.10%, either fund is a great choice. While some funds do outperform, you need to know why they did...

Agree with others that you are risk averse hence you should lower your stock investments but more importantly stop listening and reading about how the stock market will crash soon (seems like a daily ritual to publish this crap on CNBC.com and Marketwatch.com.) You may want to tilt to small cap...

I will discontinue the memeber when comes for renewal in a couple of months. I used to like prime because I can buy a couple of things and get free shipping. Now I need to spend at least $35. I rather save the $99 since I will get free shipping anyway if I spend $35, albeit not 2 day shipping.

At what age do you plan to retire? Assuming 45 for both and live to 90 that's 45 X 40k = 1.8mm. That's assuming you can get health ins at a real low price and no real emergencies that require long term care that health insurance won't cover. You should build in a big cushion in case you run...