Search found 1059 matches

by Rainier
Sun Jun 28, 2015 5:35 pm
Forum: Personal Consumer Issues
Topic: Travel to Greece
Replies: 58
Views: 4273

Re: Travel to Greece

WSJ now reporting Greek banks will not open on Monday. The first stage in an uncontrollable collapse. Closing the banks is not necessarily the first stage of an uncontrollable collapse. Great Britain had an emergency bank closure during the so-called "Sterling Crisis of 1968" when the cou...
by Rainier
Sun Jun 28, 2015 5:32 pm
Forum: Personal Consumer Issues
Topic: Travel to Greece
Replies: 58
Views: 4273

Re: Travel to Greece

WSJ now reporting Greek banks will not open on Monday. The first stage in an uncontrollable collapse. What would travel insurance get you? How would you make a claim? The first stage in a Grexit, yes. Uncontrollable collapse? No. Travel insurance presumably pays out in the currency of the country i...
by Rainier
Sun Jun 28, 2015 12:16 pm
Forum: Personal Consumer Issues
Topic: Travel to Greece
Replies: 58
Views: 4273

Re: Travel to Greece

WSJ now reporting Greek banks will not open on Monday. The first stage in an uncontrollable collapse.

What would travel insurance get you? How would you make a claim?
by Rainier
Sat Jun 27, 2015 8:15 pm
Forum: Personal Consumer Issues
Topic: Travel to Greece
Replies: 58
Views: 4273

Re: Travel to Greece

What's the risk? Based on history, Greek civilization will still be there in 2016. They've been around longer than we have. Biggest risk is you pay full price in Euros I think. Next biggest is massive civil unrest and strikes. Either way, life will go on in Greece. The sooner they take their medici...
by Rainier
Sat Jun 27, 2015 7:41 pm
Forum: Personal Consumer Issues
Topic: Travel to Greece
Replies: 58
Views: 4273

Re: Travel to Greece

Would be cheaper on a Greek airline after a conversion. In theory. Hotels might not be a good deal. Dining out and local goods would be. Bringing dollars and euros to exchange on the black market would be your best bet. Being there during the first few weeks after an exit would be very chaotic and p...
by Rainier
Sun Jun 21, 2015 5:58 am
Forum: Personal Finance (Not Investing)
Topic: Is Private Banking ever useful for simple Bogleheads
Replies: 35
Views: 4063

Re: Is Private Banking ever useful for simple Bogleheads

Seems like most of you have a perception that private banking has a cost. In most cases it does not, it is a benefit of keeping large amounts of money at an institution. You can have a private bank account at JPMorgan and still trade low cost ETFs and get free wires, cheap loans, etc. Just don't use...
by Rainier
Sun Jun 21, 2015 5:16 am
Forum: Investing - Help with Personal Investments
Topic: Taxable Account Help and Feedback
Replies: 9
Views: 1144

Re: Taxable Account Help and Feedback

radiowave wrote:You may want to consider intermediate tax exempt municipal bonds in your taxable account (VWITX)

https://personal.vanguard.com/us/funds/snapshot?FundId=0042&FundIntExt=INT


Why?

The OP is likely in the 0% bracket for dividends and capital gains.
by Rainier
Sun Jun 21, 2015 5:12 am
Forum: Investing - Help with Personal Investments
Topic: Converting a UTMA account to Roth
Replies: 5
Views: 698

Re: Converting a UTMA account to Roth

27 year old child?

In theory you can't do anything. At this point it belongs to your son. You can suggest he moves the funds to a Roth.
by Rainier
Sun Jun 21, 2015 5:07 am
Forum: Personal Finance (Not Investing)
Topic: Issuing a single $590 payment to avoid 1099 reporting
Replies: 13
Views: 1738

Re: Issuing a single $590 payment to avoid 1099 reporting

Has nothing to do with ethics. Law says $600 or more report 1099. If you pay them $595 you don't have to report it on a 1099. Also, why do you issue 1099's if under the $600?! That seems like a strange thing to do, if I were one of those vendors I would be at least irritated by that. But why? You h...
by Rainier
Sun Jun 21, 2015 4:56 am
Forum: Personal Consumer Issues
Topic: Backyard conundrum
Replies: 61
Views: 9257

Re: Backyard conundrum

I've always wanted to get a landscape design that I could implement myself over time. Will nurseries/garden centers really do this for $600? If so, I feel like there is an underlying commitment.
by Rainier
Tue Jun 16, 2015 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Tax savings of moving to no income tax state
Replies: 24
Views: 3363

Re: Tax savings of moving to no income tax state

Beware most no income tax states have big property taxes and in some instances they also have big insurance bills. So much or all of the savings you gain on income taxes you give back as high property taxes and huge insurance bills. That is the case in Florida and Texas so depending on what home yo...
by Rainier
Mon Jun 15, 2015 8:16 pm
Forum: Personal Consumer Issues
Topic: Dehumidifier for the laundry, furnace room
Replies: 22
Views: 2369

Re: Dehumidifier for the laundry, furnace room

Today in NY we have over 80% humidity. My furnace room has a whole about 14" x 8" through the cinder block for the purpose of venting to the outside. My guess is that is is a good thing. Any dehumidifier would obviously be dehumidifying the air that comes through that vent as well as the ...
by Rainier
Sun Jun 14, 2015 1:55 pm
Forum: Personal Consumer Issues
Topic: New Irrigation System - Optimal Setup
Replies: 12
Views: 1252

Re: New Irrigation System - Optimal Setup

Thanks for the tips. If I get the seed going then I plan on dialing it way back after it is established. I'm on top of how much rain we get every week so I'm likely to run the system manually when it is needed.

Next step will be to measure how much water the system is putting down in each zone.
by Rainier
Sun Jun 14, 2015 10:56 am
Forum: Personal Consumer Issues
Topic: New Irrigation System - Optimal Setup
Replies: 12
Views: 1252

Re: New Irrigation System - Optimal Setup

I'm in Connecticut. Not sure on the seed, whatever people grow here, not the kind that goes dormant in the summer.
by Rainier
Sun Jun 14, 2015 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Anyone have multiple IRAs through different brokerage firms?
Replies: 25
Views: 1992

Re: Anyone have multiple IRAs through different brokerage firms?

Not a big deal. Between my wife and I we have 5 IRAs. Most are at Fidelity, one is at Schwab. Nice! And just to clarify, the 5500 amount is PER person not as a married couple correct? She also has a 401k Yes, per person, but there are restrictions based on income and if you are covered by a plan at...
by Rainier
Sun Jun 14, 2015 7:26 am
Forum: Personal Consumer Issues
Topic: New Irrigation System - Optimal Setup
Replies: 12
Views: 1252

New Irrigation System - Optimal Setup

I finally got sick of moving sprinklers and a burnt out lawn by August so we just installed a five zone irrigation system in coastal Connecticut. Looking for thoughts/suggestions on how to use it most efficiently. The system has a rain sensor. We just put down a lot of new grass seed. What is a good...
by Rainier
Sun Jun 14, 2015 7:07 am
Forum: Investing - Help with Personal Investments
Topic: Anyone have multiple IRAs through different brokerage firms?
Replies: 25
Views: 1992

Re: Anyone have multiple IRAs through different brokerage firms?

Not a big deal. Between my wife and I we have 5 IRAs. Most are at Fidelity, one is at Schwab.
by Rainier
Wed Jun 10, 2015 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Secondary CDs
Replies: 20
Views: 2521

Re: Secondary CDs

Buy secondary CDs during distressed markets.

I picked up some real gems in 2008 when banks were failing.
by Rainier
Sat Jun 06, 2015 9:46 am
Forum: Personal Consumer Issues
Topic: I hate garage sales; do I have company?
Replies: 38
Views: 2545

Re: I hate garage sales; do I have company?

My town limits households to two sales per year. Not sure it is enforced, but needed to keep people from running never ending sales every weekend.
by Rainier
Tue Jun 02, 2015 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a condo in earthquake-prone area?
Replies: 27
Views: 1920

Re: Buying a condo in earthquake-prone area?

For what it's worth, I would not purchase real estate in an earthquake-prone area. At best, you're setting yourself up for constant anxiety. Honestly, it's not worth much at all. A large portion of the population (say 30%) live in earthquake-prone areas. You might, and not even realize it. I think ...
by Rainier
Tue Jun 02, 2015 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a condo in earthquake-prone area?
Replies: 27
Views: 1920

Re: Buying a condo in earthquake-prone area?

How do mortgage companies tolerate this?
by Rainier
Wed May 20, 2015 7:51 pm
Forum: Personal Consumer Issues
Topic: Selling old 14k jewelry
Replies: 15
Views: 1270

Re: Selling old 14k jewelry

You can get around $104.00 at todays price and assuming the ring weighs 5 grams at Midwest Refineries, 4471 Forest Ave., Waterford, Michigan 48328. I used Midwest Refineries for an odd assortment of gold jewelry which I had no interest in keeping. I really had no idea how much it was worth, but tru...
by Rainier
Fri May 01, 2015 5:04 pm
Forum: Personal Consumer Issues
Topic: 2 Days in Bangkok
Replies: 17
Views: 1354

Re: 2 Days in Bangkok

I like the gold Buddha and the reclining Buddha vi was actually going to vote against the Jim Thompson house, sorry. Also, the big market is very cool, forgot what it is called? And the red light district after dark is a must see...no need to go inside, just walk the market. I saw this viral video a...
by Rainier
Fri Apr 24, 2015 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Which mortgage loan would you choose (recast or not)?
Replies: 22
Views: 994

Re: Which mortgage loan would you choose (recast or not)?

$1.1m is tax deductible not $1m

You don't need to have a seperate HELOC to claim the extra $100k.
by Rainier
Fri Apr 24, 2015 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: [How do I lead a discussion about saving for retirement?]
Replies: 38
Views: 4354

Re: 1/3 of those SAVING for retirement have less than $1000

Who cares. This has always been the case and always will be the case. Society will continue on and every generation will be a little wealthier than the last.
by Rainier
Fri Apr 24, 2015 1:21 pm
Forum: Personal Consumer Issues
Topic: Best touristy places to live in the world?
Replies: 36
Views: 4891

Re: Best touristy places to live in the world?

I kind of agree.

I used to live in Salt Lake City and I loved riding the lifts with tourists. It was also great having people from all over the world during the Olympics.
by Rainier
Fri Apr 24, 2015 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA Options
Replies: 15
Views: 714

Re: Inherited IRA Options

Putting $80k into a trust is criminal, please do everything possible to keep fees as low as possible.

I don't know the IRA rules.
by Rainier
Wed Apr 22, 2015 8:36 pm
Forum: Personal Consumer Issues
Topic: Reducing Monthly Costs
Replies: 29
Views: 2622

Re: Reducing Monthly Costs

I successfully petitioned to have my property tax assessed value reduced last year. (Big savings. I did it myself--did not hire a professional, but did get advice from friends who had grieved theirs in the past. Only cost was a $30 filing fee, and even that filing fee was refunded back to me becaus...
by Rainier
Wed Apr 22, 2015 5:56 pm
Forum: Personal Consumer Issues
Topic: Reducing Monthly Costs
Replies: 29
Views: 2622

Re: Reducing Monthly Costs

Are there any rules of thumb for insurance regarding raising deductible versus cost savings?

For example raising my homeowners deductible from $1k to $2k but only saving $10/year wouldn't make sense.
by Rainier
Tue Apr 21, 2015 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Monthly Investment Fee??
Replies: 2
Views: 380

Re: HSA Monthly Investment Fee??

That's a good deal for an HSA. As your balance grows that fee will become a smaller portion.
by Rainier
Tue Apr 21, 2015 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity ATM card overseas
Replies: 5
Views: 540

Re: Fidelity ATM card overseas

I don't believe their is a 1% conversion fee, if there is you are getting an excellent exchange rate with the Fidelity ATM card.

I use mine and always check in the evening what the rate was and it always seems very close to the spot rate at the time. Its so close I never think about the rate.
by Rainier
Tue Apr 21, 2015 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you pay in Property Taxes?
Replies: 188
Views: 12123

Re: How much do you pay in Property Taxes?

This is like comparing apples and pianos. Too many variables with no comparisons. Mine are about 1% of appraised value, we don't have trash pickup but we do have the best public schools in the state and possibly the country. The mill rate in the town (city) next to ours is about double...they have s...
by Rainier
Sun Apr 19, 2015 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Don't come to Europe with a new chip and sign credit card
Replies: 62
Views: 9957

Re: Don't come to Europe with a new chip and sign credit car

I was just in Florida for a week, presumably a place with many foreign tourists, and noticed all the shops here had chip readers. I felt a little like I was in Europe.

American consumers are so worried about a risk they don't even have to take. If somebody steals your cc, it's not your problem.
by Rainier
Sat Apr 18, 2015 8:25 pm
Forum: Personal Consumer Issues
Topic: Cleaning out large basement - cost to rent a dumpster?
Replies: 29
Views: 2259

Re: Cleaning out large basement - cost to rent a dumpster?

I think a dumpster is the right solution, makes it so easy to get rid of old junk. I live in a high cost area and was surprised by how cheap they are.

Rural areas could be more due to distance and less demand.
by Rainier
Sat Apr 18, 2015 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: My job says I can't work for anyone else...
Replies: 61
Views: 6483

Re: My job says I can't work for anyone else...

letsgobobby wrote:my no compete is 45 miles and 3 years. you all should consider yourselves fortunate.


I seriously doubt that is legal or enforceable.
by Rainier
Sat Apr 18, 2015 3:45 pm
Forum: Personal Consumer Issues
Topic: Cleaning out large basement - cost to rent a dumpster?
Replies: 29
Views: 2259

Re: Cleaning out large basement - cost to rent a dumpster?

Just call a few companies.

How would anybody else know how much a dumpster costs in your city. For some strange reason you didn't even list a state.
by Rainier
Sat Apr 18, 2015 6:24 am
Forum: Investing - Help with Personal Investments
Topic: Cash out a Simple?
Replies: 13
Views: 978

Re: Cash out a Simple?

You have many facts wrong and the situation isn't that bad. I'd add more but I'm on my iPhone.
by Rainier
Sat Apr 18, 2015 5:56 am
Forum: Personal Consumer Issues
Topic: Safety Deposit Box is Necessary (+1 plug:)
Replies: 33
Views: 4825

Re: Safety Deposit Box is Necessary (+1 plug:)

May I ask what kind of dog you have? I keep two large golden retrievers at home to protect the house, or at least ward off possible burglars. I am very concerned knowing your dog was completely useless in this scenario. Golden retrievers as security? Ha. Only if death by licking to death is possible.
by Rainier
Thu Apr 16, 2015 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Parking money in a tax free muni bond fund?
Replies: 14
Views: 1523

Re: Parking money in a tax free muni bond fund?

BTW it's not .0089% it's .0089 or .89%. You're off by about 100x
by Rainier
Thu Apr 16, 2015 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Friend not filed taxes for years but owes no money
Replies: 15
Views: 1891

Re: Friend not filed taxes for years but owes no money

If he meets the minimum filing requirements he needs to file. That may trigger an investigation of his prior years. Whether he files prior or not, he should maintain good records in case he needs to dispute an IRS letter. Not really, what are the consequences for not filing? He does not owe. Not sa...
by Rainier
Wed Apr 15, 2015 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: Effective average Adjusted Livesoft tax rate?
Replies: 67
Views: 5577

Re: Poll: Effective average Adjusted Livesoft tax rate?

I followed all the rules. $164k, 8%.
by Rainier
Wed Apr 15, 2015 6:50 am
Forum: Personal Finance (Not Investing)
Topic: Don't come to Europe with a new chip and sign credit card
Replies: 62
Views: 9957

Re: Don't come to Europe with a new chip and sign credit car

The best tip- always pay in the local currency! Their machines have a choice to pay in USD or the local currency. If you choose USD you get hosed on the exchange rate. Even if your card charges an exchange fee the local rate is likely still better. do the math yourself, of course.
by Rainier
Tue Apr 14, 2015 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Don't come to Europe with a new chip and sign credit card
Replies: 62
Views: 9957

Re: Don't come to Europe with a new chip and sign credit car

Might be user error.

I used my Capital One chip and signature in Switzerland in February with zero problems! Literally, zero issues. I even used it at an automated machine to buy train tickets...zero issues.
by Rainier
Sun Apr 12, 2015 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Tax bill > anticipated; best strategies to fund?
Replies: 11
Views: 1162

Re: Tax bill > anticipated; best strategies to fund?

livesoft wrote:On the taxable brokerage account: Be sure to include the settlement time (T+1 for mutual funds, T+3 for ETFs and stocks) in your timing.


Write checks, mail them on the 15th and it shouldn't be a problem. Assuming you can sort out this % mess.
by Rainier
Sun Apr 12, 2015 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One getting out of cash rewards credit cards?
Replies: 12
Views: 2888

Re: Capital One getting out of cash rewards credit cards?

This is a UK article about UK cards!
by Rainier
Sun Apr 12, 2015 5:10 pm
Forum: Personal Consumer Issues
Topic: Gifts to take to Scotland.
Replies: 33
Views: 2539

Re: Gifts to take to Scotland.

It's Scotland not Swaziland! Wish I had a suggestion, but there is nothing they can't get or afford. Where are you from? If you lived in Wyoming and brought a Yale sweatshirt or a Masters golf hat that would be really silly. Like somebody from Scotland bringing you a Greek wine. Bring something loca...
by Rainier
Sat Apr 11, 2015 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Tax Bracket Question
Replies: 27
Views: 2372

Re: Federal Tax Bracket Question

Line 43, Taxable Income
by Rainier
Sat Apr 11, 2015 6:19 am
Forum: Investing - Theory, News & General
Topic: GE stock up 11% on Friday.
Replies: 19
Views: 2359

Re: GE stock up 11% on Friday.

Pretty remarkable for one of the largest companies in the world. Did you see the trading Volume? Seems like they should be hoarding cash and buying back at market lows versus market highs. Looks like the crazy neighbor is offering to buy my shares at an inflated price and I may take the offer. I did...
by Rainier
Fri Apr 10, 2015 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: How to know if I am saving enough?
Replies: 25
Views: 2882

Re: How to know if I am saving enough?

We've been over this before; loan repayments of any sort are NOT savings. Now real savings can be for the long term (retirement) or for the shorter term (car purchase or home down payment). In either case, a 45% savings rate at such a young age seems exceptional. Don't forget to pay the IRS their d...
by Rainier
Fri Apr 10, 2015 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: How to know if I am saving enough?
Replies: 25
Views: 2882

Re: How to know if I am saving enough?

30% in what taxes? Federal? Federal, state, fica? Having a flat % withheld is highly unusual.

Need more information.

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