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Computer Problem

Help! My 4 year old Dell computer has developed it's first problem. Every 15 minutes or so, the screen locks up for about 5 seconds. Then goes black for another 5 seconds. Then everything recovers and I get this error message: "Display driver has stopped responding and has recovered"
by Leesbro63
Mon Jul 21, 2014 1:19 pm
 
Forum: Personal Consumer Issues
Topic: Computer Problem
Replies: 14
Views: 1015

Re: Divesting Stock with Sentimental Value

Not to be cruel or insensitive but your grandfather is gone and the stock doesn't love you or your father. Ask yourself if you didn't have this emotional attachment but did have the cash, would you invest it in this stock? The only reason I can think of that's rational to keep the stock is if there ...
by Leesbro63
Sun Jul 20, 2014 4:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: Divesting Stock with Sentimental Value
Replies: 39
Views: 1811

Re: Divesting Stock with Sentimental Value

My father in law died in 1991 with a big block (not Rockefeller big, but big compared to his overall assets) of Integra Bank stock. His instructions were to never sell the bank stock...paid a good dividend etc. My mother in law lived 8 more years during which time the stock became National City Bank...
by Leesbro63
Sat Jul 19, 2014 3:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: Divesting Stock with Sentimental Value
Replies: 39
Views: 1811

Re: Multi-year payment is 529 qualified withdrawal?

For clarification: Educational institutions issue Forms 1098-T and 529 Plans issue forms 1099-Q. Livesoft (thank you!) pointed out that I had incorrectly used wrong numbers/letters in my posts here. I went back and tried to correct that and THINK I got it all fixed. Anyway, the "game" (to...
by Leesbro63
Sat Jul 19, 2014 12:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: Multi-year payment is 529 qualified withdrawal?
Replies: 14
Views: 750

When to Buy Air Tik to Florida

I need to be in Florida (from Pittsburgh) on December 28, 2014. Because it's Christmas week, I am finding air fares unusually expensive. I suppose I'll have to bite the bullet, but because I must be there. Should I wait to buy or lock in now? We plan to stay 3-4 days and can arrange those to be befo...
by Leesbro63
Sat Jul 19, 2014 12:05 pm
 
Forum: Personal Consumer Issues
Topic: When to Buy Air Tik to Florida
Replies: 9
Views: 963

Re: Multi-year payment is 529 qualified withdrawal?

For clarification: Educational institutions issue Forms 1098-T and 529 Plans issue forms 1099-Q. Livesoft (thank you!) pointed out that I had incorrectly used wrong numbers/letters in my posts here. I went back and tried to correct that and THINK I got it all fixed. Anyway, the "game" (to ...
by Leesbro63
Sat Jul 19, 2014 12:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: Multi-year payment is 529 qualified withdrawal?
Replies: 14
Views: 750

Re: Multi-year payment is 529 qualified withdrawal?

There are no taxes/penalties. The school puts the prepayment into an hypothetical "account" and draws the needed portion down each semester, as the student progresses. The 1098-T forms are issued each year reflecting the amount applied to tuition each year. I deposit $200,000 now, to prep...
by Leesbro63
Sat Jul 19, 2014 11:57 am
 
Forum: Personal Finance (Not Investing)
Topic: Multi-year payment is 529 qualified withdrawal?
Replies: 14
Views: 750

Re: Multi-year payment is 529 qualified withdrawal?

There are no taxes/penalties. The school puts the prepayment into an hypothetical "account" and draws the needed portion down each semester, as the student progresses. The 1098-T forms are issued each year reflecting the amount applied to tuition each year. I deposit $200,000 now, to prep...
by Leesbro63
Sat Jul 19, 2014 11:56 am
 
Forum: Personal Finance (Not Investing)
Topic: Multi-year payment is 529 qualified withdrawal?
Replies: 14
Views: 750

Re: Multi-year payment is 529 qualified withdrawal?

And for what it's worth, I learned from my older daughter's college years not to pay the second semester of each academic year until New Years Day. And don't withdraw from the 529 until then either. Because even though the tax man theoretically allows you to pay/withdraw in December for the upcoming...
by Leesbro63
Sat Jul 19, 2014 9:04 am
 
Forum: Personal Finance (Not Investing)
Topic: Multi-year payment is 529 qualified withdrawal?
Replies: 14
Views: 750

Re: Multi-year payment is 529 qualified withdrawal?

I'm doing exactly the same thing for my kid who also has a PA 529 (Guaranteed Savings Plan) plan account. But in order for it to work, you must do the prepay with other money, then draw down the 529 money each semester to pay yourself back. If you don't have that big amount of cash upfront, then yo...
by Leesbro63
Sat Jul 19, 2014 8:50 am
 
Forum: Personal Finance (Not Investing)
Topic: Multi-year payment is 529 qualified withdrawal?
Replies: 14
Views: 750

Re: Multi-year payment is 529 qualified withdrawal?

I'm doing exactly the same thing for my kid who also has a PA 529 (Guaranteed Savings Plan) plan account. But in order for it to work, you must do the prepay with other money, then draw down the 529 money each semester to pay yourself back. If you don't have that big amount of cash upfront, then you...
by Leesbro63
Fri Jul 18, 2014 7:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: Multi-year payment is 529 qualified withdrawal?
Replies: 14
Views: 750

Re: Tobins Q as market valuation metric

If you are starting today with something like an inheritance and do not expect to add new funds over time this would be more of a concern. I don't think this is quite right. I think "more of a concern" can apply to anyone with a large stash, regardless do where and when it came from. The ...
by Leesbro63
Fri Jul 18, 2014 6:15 am
 
Forum: Investing - Theory, News & General
Topic: Tobins Q as market valuation metric
Replies: 42
Views: 2012

Re: Looking to buy a quality scanner

You guys are convincing me to buy a Scansnap. What about stuff that HAS to be scanned on a flatbed (like maybe old photos)? Is there a way to do that with this machine?
by Leesbro63
Wed Jul 16, 2014 12:24 pm
 
Forum: Personal Consumer Issues
Topic: Looking to buy a quality scanner
Replies: 48
Views: 2846

Weird Insurance Choice

We have a few small life insurance policies in our extended family, all purchased as "Commercial Union Life Insurance Company" policies back in the late 1980s/early 1990s. CU LIFE eventually became "Aviva Life Insurance" and recently they became "Athene Life Insurance Compan...
by Leesbro63
Mon Jul 14, 2014 2:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: Weird Insurance Choice
Replies: 0
Views: 450

Re: Windows 7 free support will be ending in 2015

My guess is that this is a stunt to goose sales of Win8. And that they'll move the drop-dead date for Win7 support out at least once.
by Leesbro63
Tue Jul 08, 2014 3:24 pm
 
Forum: Personal Consumer Issues
Topic: Windows 7 free support will be ending in 2015
Replies: 27
Views: 2174

Re: Facing possibilities [Self-funded Long-Term Care]

How did $500,000 become "your number"?I You've hit on the more fundamental problem. We just don't have the means to set aside money for more extreme contingencies. So far, our relatives have been diagnosed late in life and required less than a year of long-term care, so my fingers are cro...
by Leesbro63
Tue Jul 08, 2014 3:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: Facing possibilities [Self-funded Long-Term Care]
Replies: 13
Views: 907

Re: 4% Withdrawals Through 2000 and 2008 Bear Markets

Using the balanced index fund, you are now at a 5% SWR with only 15 years into your retirement. I guess that's right...there are only 15 years left in a 30 year SWR and I would guess that a 5% SWR would usually work over 15 years.
by Leesbro63
Mon Jul 07, 2014 7:31 pm
 
Forum: Investing - Theory, News & General
Topic: 4% Withdrawals Through 2000 and 2008 Bear Markets
Replies: 26
Views: 3316

Re: Facing possibilities [Self-funded Long-Term Care]

How did $500,000 become "your number"?I have an aunt, age 102, who has been in various forms of assisted living/nursing for 15 years. The only way what you want to do could work is if you eventually transfer to your child or to an appropriate trust all of your assets except for enough to p...
by Leesbro63
Mon Jul 07, 2014 7:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Facing possibilities [Self-funded Long-Term Care]
Replies: 13
Views: 907

Re: 4% Withdrawals Through 2000 and 2008 Bear Markets

There is only one magic bullet for retirement withdrawls. Build a LMP for you base expenses, and be flexible with your withdrawals from your non-LMP. And in many people's opinion, that magic bullet you speak of is just too darn expensive. Even if your LMP base expenses beyond SS are just 30K, you'r...
by Leesbro63
Mon Jul 07, 2014 12:30 pm
 
Forum: Investing - Theory, News & General
Topic: 4% Withdrawals Through 2000 and 2008 Bear Markets
Replies: 26
Views: 3316

Re: 4% Withdrawals Through 2000 and 2008 Bear Markets

I am fine with 1970's style inflation when I have a TIPS ladder for LMP. Or am I missing something? Provided in tax efficient/exempt. Taxes can correlate with the inflation rate. 15% inflation, 15% nominal, 33% tax = -5% real. In the UK the inflation uplift element of index linked gilts (similar to...
by Leesbro63
Mon Jul 07, 2014 12:29 pm
 
Forum: Investing - Theory, News & General
Topic: 4% Withdrawals Through 2000 and 2008 Bear Markets
Replies: 26
Views: 3316

Re: Homeowner responsibility for water service line

This is a way to detect water leaks. Turn all the water off in the house then look at the water meter. If the dial is moving, there is water going through the meter. If everything is off in the house, there is a leak somewhere. Nope. All that does is tell you that there IS a leak. The commenter alr...
by Leesbro63
Mon Jul 07, 2014 12:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: Homeowner responsibility for water service line
Replies: 45
Views: 2014

Re: 4% Withdrawals Through 2000 and 2008 Bear Markets

Longtimelurker wrote:There is only one magic bullet for retirement withdrawls. Build a LMP for you base expenses, and be flexible with your withdrawals from your non-LMP.


Just safer. Not bulletproof (think 1970s stye inflation where fixed income could not keep up).
by Leesbro63
Mon Jul 07, 2014 8:42 am
 
Forum: Investing - Theory, News & General
Topic: 4% Withdrawals Through 2000 and 2008 Bear Markets
Replies: 26
Views: 3316

Re: Homeowner responsibility for water service line

In regard to Bertilak's last comment: leak detection equipment has become very cheap recently. More and more plumbers will probably have this equipment as a standard tool. But this stuff was not always cheap, so it makes sense that they had to call in an expert.
by Leesbro63
Mon Jul 07, 2014 6:34 am
 
Forum: Personal Finance (Not Investing)
Topic: Homeowner responsibility for water service line
Replies: 45
Views: 2014

Re: SIPC protection of the equity in financial accounts

I generally trust the system. But after Madoff, the head of the Nasdaq and respected Wall Street firm head, I don't know what to believe for sure.
by Leesbro63
Sun Jul 06, 2014 10:57 pm
 
Forum: Investing - Theory, News & General
Topic: SIPC protection of the equity in financial accounts
Replies: 19
Views: 1195

Re: Vanguards Devil's Advocate

Being a Boglehead is like dieting an exercising. If you do it, you maximize your chance of the best possible health (but there is still no guarantee). But it's hard work, often boring, and sometimes outright stressful. So the fad diets and perhaps certain drugs and surgeries look appealing...a short...
by Leesbro63
Sun Jul 06, 2014 9:10 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguards Devil's Advocate
Replies: 55
Views: 7108

Re: Homeowner responsibility for water service line

Two separate issues: 1. Yes, it's common to own your water line to the main. And yes, especially here in the freeze/thaw rust belt, it's somewhat common for lines to break. 2. Should you get the insurance offered? I can't answer that but if it were me, I'd first find out what my homeowner's insuranc...
by Leesbro63
Sun Jul 06, 2014 4:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: Homeowner responsibility for water service line
Replies: 45
Views: 2014

Re: The Millionaire Next Door: Are You One?

The problem of boredom also factors in. People spend to get out of boredom. It gives temporary pleasure often at the expense of long term happiness.
by Leesbro63
Sat Jul 05, 2014 10:55 pm
 
Forum: Personal Consumer Issues
Topic: The Millionaire Next Door: Are You One?
Replies: 187
Views: 22107

Re: The Millionaire Next Door: Are You One?

This reminds me of the movie "Nebraska". Where the small town dwellers get all excited when it gets reported that one of their own won a $1,000,000 sweepstakes.
by Leesbro63
Sat Jul 05, 2014 5:03 pm
 
Forum: Personal Consumer Issues
Topic: The Millionaire Next Door: Are You One?
Replies: 187
Views: 22107

Re: SIPC protection of the equity in financial accounts

Total aggregate excess of SIPC coverage available through Fidelity's excess of SIPC policy is $1 billion. What does this mean - $1 billion of the $1,700 (or so) billion held by Fidelity? Back in 2008, I looked into this (not about Fidelity, but about another brokerage making claims of big surplus-S...
by Leesbro63
Sat Jul 05, 2014 5:00 pm
 
Forum: Investing - Theory, News & General
Topic: SIPC protection of the equity in financial accounts
Replies: 19
Views: 1195

Re: SIPC protection of the equity in financial accounts

Total aggregate excess of SIPC coverage available through Fidelity's excess of SIPC policy is $1 billion. What does this mean - $1 billion of the $1,700 (or so) billion held by Fidelity? Back in 2008, I looked into this (not about Fidelity, but about another brokerage making claims of big surplus-S...
by Leesbro63
Sat Jul 05, 2014 1:54 pm
 
Forum: Investing - Theory, News & General
Topic: SIPC protection of the equity in financial accounts
Replies: 19
Views: 1195

Re: "Used" car with 32 miles on it?

I recently helped my daughter buy a car. We ended up getting a cheaper price on a new current year model car than a very similar 1 year old car with about 15K miles on it. It makes no sense but that's how it worked out this time around. That's been my experience. That late model used car shopping i...
by Leesbro63
Sat Jul 05, 2014 1:48 pm
 
Forum: Personal Consumer Issues
Topic: "Used" car with 32 miles on it?
Replies: 39
Views: 3673

Re: The Millionaire Next Door: Are You One?

To be the counterpoint, once you've won the game and you have a plethora of money, if you don't spend it your wasting it. You only have one life to live and you should spend your money accordingly on the things that you will enjoy possibly like traveling, a New house etc etc And herein lies the &qu...
by Leesbro63
Sat Jul 05, 2014 1:43 pm
 
Forum: Personal Consumer Issues
Topic: The Millionaire Next Door: Are You One?
Replies: 187
Views: 22107

Re: FICO Scores: Which one do you get?

For what it's worth, I've been getting the free FICO SCORE monthly on my DISCOVER CARD statement. And I compared it to the number I got thru Equifax as well as thru Experian on two different occasions. It was almost exact. So getting a free Discover card might be a good way to keep tabs on your cred...
by Leesbro63
Fri Jul 04, 2014 8:31 am
 
Forum: Personal Finance (Not Investing)
Topic: FICO Scores: Which one do you get?
Replies: 20
Views: 1694

Re: Are You Re-Balancing?

No. With the higher cap gains tax rate and the huge gains due to tax loss swapping in 2009, I've concluded that the cost to reduce risk of being overweight equities is too high. I did do rebalances through last year as I had those 2009 losses to offset gains. They're all used up now. I am sure, howe...
by Leesbro63
Thu Jul 03, 2014 10:54 pm
 
Forum: Investing - Help with Personal Investments
Topic: POLL: Are You Re-Balancing?
Replies: 70
Views: 4944

Re: "Used" car with 32 miles on it?

If the dealer doesn't offer a good deal just walk away. No sense paying new car price when you can get an actual new car for the same price. My guess is that the dealer will offer a deal that would be the same deal for a new car, but under the false pretense that this is less than for a new car. I'...
by Leesbro63
Thu Jul 03, 2014 10:49 pm
 
Forum: Personal Consumer Issues
Topic: "Used" car with 32 miles on it?
Replies: 39
Views: 3673

Re: "Used" car with 32 miles on it?

I expect you will get zero discount for it being test driven which is really the story here. The reason I write that is that someone else will come along and buy the car. No it shows up on car records as sold and returned. that raises questions about defects in buyers minds. This. When my sister is...
by Leesbro63
Thu Jul 03, 2014 10:47 pm
 
Forum: Personal Consumer Issues
Topic: "Used" car with 32 miles on it?
Replies: 39
Views: 3673

Re: The Risk of Short-term Bond Funds

But the duration of limited term tax ex is about half that of a 5 year CD. Both are apples, but it's Macintosh vs Granny Smith. Not exactly the same. True for brokered CDs, but not true for direct CDs, which is what I referenced. The max loss for a 5-year 2.3% direct CD with an EWP of six months of...
by Leesbro63
Thu Jul 03, 2014 10:20 pm
 
Forum: Investing - Theory, News & General
Topic: The Risk of Short-term Bond Funds
Replies: 152
Views: 10122

Re: The Risk of Short-term Bond Funds

I don't see much sense in short-term munis. SEC yield of Vanguard short-term tax-exempt is only 0.3%, so even if marginal tax rate is 50% you're better off in a savings account earning 0.9% pre-tax. Limited-term tax-exempt SEC yield is 0.8%, but you can still beat that after-tax with a 5-year direc...
by Leesbro63
Thu Jul 03, 2014 9:32 pm
 
Forum: Investing - Theory, News & General
Topic: The Risk of Short-term Bond Funds
Replies: 152
Views: 10122

Re: Stick with Vanguard or take Fidelity "special deal"?

The posters who are alleging that the brokerages offering bonuses are no better than shady salesmen are being ignorant. Hold Vanguard ETFs, then transfer them from brokerage to brokerage. Problem solved. If you insist on using mutual funds, you won't be able to take advantage of these offers since ...
by Leesbro63
Thu Jul 03, 2014 5:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: Stick with Vanguard or take Fidelity "special deal"?
Replies: 50
Views: 3049

Re: Stick with Vanguard or take Fidelity "special deal"?

I think it may be treated as interest income. The fat wallet crowd could say for sure. Either way, airline miles are not currently taxable by the IRS and may represent the better value for that reason. If the bonus doesn't go into a tax sheltered account, you'll get a Form "1099-Misc" and...
by Leesbro63
Thu Jul 03, 2014 5:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: Stick with Vanguard or take Fidelity "special deal"?
Replies: 50
Views: 3049

Re: The Risk of Short-term Bond Funds

...Anyway, the fat lady has been hiding for the past 3-5 years but she'll sing sooner or later. The question is how fast and how loud will she sing. She did sing. last year. The 10-year rate approximately doubled, from 1.5% to 3%. It is a little hard to parse out unfairly-worded language in a fair ...
by Leesbro63
Thu Jul 03, 2014 4:52 pm
 
Forum: Investing - Theory, News & General
Topic: The Risk of Short-term Bond Funds
Replies: 152
Views: 10122

Re: Payoff Car For Best Credit Score

It sounds like you have taught her well and your daughter has good finance habits. Pay it off and get rid of the payment. IF her score drops some from that (I don't know), she will build it back up soon enough with her monthly CC pay offs and travel card. Yeah. Well said. That's my conclusion from ...
by Leesbro63
Thu Jul 03, 2014 2:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: Payoff Car For Best Credit Score
Replies: 21
Views: 1430

Re: The Risk of Short-term Bond Funds

Isn't it a matter of matching your spending from bonds to their duration? If the bond won't be needed for 30 years, it doesn't make sense to buy an intermediate. Since your holding period is at least as long as the bond duration, then you are immunized from interest rate risk. Similarly if you need...
by Leesbro63
Thu Jul 03, 2014 2:57 pm
 
Forum: Investing - Theory, News & General
Topic: The Risk of Short-term Bond Funds
Replies: 152
Views: 10122

Re: The Risk of Short-term Bond Funds

I do find it hard to accept that any bond fund or fixed income product is the only or best choice for every age, goal or risk tolerance. Maybe that is my blind spot :oops: If one wants to mention tilting, based on a three factor model of market, size, and value and then add bonds to that, the two b...
by Leesbro63
Thu Jul 03, 2014 2:34 pm
 
Forum: Investing - Theory, News & General
Topic: The Risk of Short-term Bond Funds
Replies: 152
Views: 10122

Re: The Risk of Short-term Bond Funds

So if you had to choose from Long term dates or intermidate dates, which offer the best return for risk, if your only concern is 30 years from now? The 30 year is yielding more that shorter bonds. With a 30 year bond, you know exactly how much will be paid each year for the next 30 years. With an i...
by Leesbro63
Thu Jul 03, 2014 8:53 am
 
Forum: Investing - Theory, News & General
Topic: The Risk of Short-term Bond Funds
Replies: 152
Views: 10122

Re: Payoff Car For Best Credit Score

It's not that much money. Was $11,000 originally and is now done to about $8500. Payments won't be missed because it's auto paid from her checking, there is an extra payment (so she pays a month before due date) and I check it! But you make good points.
by Leesbro63
Thu Jul 03, 2014 6:40 am
 
Forum: Personal Finance (Not Investing)
Topic: Payoff Car For Best Credit Score
Replies: 21
Views: 1430

Re: The Risk of Short-term Bond Funds

Yes, I missed returns from intermediate term bonds because I sat in short term bond funds waiting for interest rates to rise. I don't agree with the terminology that the "strategy backfired" for a couple reasons: One is I sleep better at night without taking the interest rate risks. Two i...
by Leesbro63
Wed Jul 02, 2014 8:24 pm
 
Forum: Investing - Theory, News & General
Topic: The Risk of Short-term Bond Funds
Replies: 152
Views: 10122

Re: Payoff Car For Best Credit Score

For what it's worth, I think I learned to do this right here on Bogleheads (or on the Morningstar predecessor)
by Leesbro63
Wed Jul 02, 2014 6:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: Payoff Car For Best Credit Score
Replies: 21
Views: 1430

Re: Payoff Car For Best Credit Score

She does. I put her as an authorized user on a few of my cards when she was about 10. Back in those days it help build the user's score. I believe I read that it no longer works that way. Anyway, she had that base and got a few of her own cards at age 18 (always paying the full amount due) and an AM...
by Leesbro63
Wed Jul 02, 2014 5:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Payoff Car For Best Credit Score
Replies: 21
Views: 1430

Re: Payoff Car For Best Credit Score

Look guys, I get it that in theory it doesn't make sense to pay off a .9% loan. In reality, my kid, like me, doesn't like payments and the dollar amount here isn't the issue. And I get it that if you're Dave Ramsey, your credit score doesn't matter. But she's 24 and will buy lots of different insura...
by Leesbro63
Wed Jul 02, 2014 3:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: Payoff Car For Best Credit Score
Replies: 21
Views: 1430
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