Search found 1447 matches

by archbish99
Fri Jun 26, 2015 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: tap IRA to pay off CC debt?
Replies: 31
Views: 3105

Re: tap IRA to pay off CC debt?

It sounds like you have more general issues with personal finance than the question of how, optimally, to pay off the debt. Start by getting on a solid budget plan, setting aside reserves for those things that "usually" surprise you, so you don't need to borrow again. You've got the debt a...
by archbish99
Thu Jun 25, 2015 10:15 pm
Forum: Personal Consumer Issues
Topic: FatWin and Dealer "Challenge"
Replies: 6
Views: 624

FatWin and Dealer "Challenge"

Received a flyer from a local car dealership with a scratch-off code, and (of course) the code matched what was supposed to be a winning number. The brochure has lots of supposed prizes (two Jeep Grand Cherokees as the grand prize, $10k cash, etc.), but of course, the prize redemption web site says ...
by archbish99
Thu Jun 25, 2015 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Power of attorney
Replies: 59
Views: 4983

Re: Power of attorney

In case it hasn't been clearly pointed out yet, a POA means nothing after death. Once the principal has died, all authority passes to the executor of the estate.
by archbish99
Mon Jun 22, 2015 11:40 am
Forum: Investing - Theory, News & General
Topic: Rebalancing and CDs in a Market Crisis
Replies: 7
Views: 1198

Re: Rebalancing and CDs in a Market Crisis

Compare to brokered CDs, which you actually can sell, albeit with large spreads. A CD is a bond, no more, no less; it's a government-backed bond (FDIC, so same payer risk as Treasury) with some call risk (which doesn't exist on the Treasury). Brokered CDs can be sold, which makes this obvious; direc...
by archbish99
Mon Jun 22, 2015 9:35 am
Forum: Personal Finance (Not Investing)
Topic: SS bennies
Replies: 23
Views: 3115

Re: SS bennies

I had that happen. I don't know if this is what happened with yours or not but when I was searching through my SS account, the last year showed up as "0" income. I kept waiting for them to list it correctly but it never happened. When I called about it, it turns out that because I didn't ...
by archbish99
Sun Jun 21, 2015 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Where to allocate bonus from work
Replies: 11
Views: 1519

Re: Where to allocate bonus from work

There isn't a credit for paying student loan interest, just a deduction. Paying interest for the deduction makes zero sense -- you pay $100 in order to reduce your taxes by $25? Adjust the interest rate for the tax deduction, sure, but it's still debt and the interest still costs real money. Same go...
by archbish99
Sat Jun 20, 2015 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Issuing a single $590 payment to avoid 1099 reporting
Replies: 13
Views: 1732

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

Despite some ongoing discussion of anti-structuring laws, I think you're safe. Of course, should you employ the same person in two different shows in the same year, you still trigger it.
by archbish99
Sat Jun 20, 2015 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Question regarding sharing an inheritance:
Replies: 19
Views: 2079

Re: Question regarding sharing an inheritance:

You and your wife can each gift each of them $14k/year without paying gift tax or using your lifetime exemption. One option would be a revocable trust which makes the annual exclusion gift each year for the remainder of your life/lives. Or cut into your lifetime exclusion, if you won't need it all, ...
by archbish99
Fri Jun 19, 2015 11:50 am
Forum: Personal Finance (Not Investing)
Topic: ESPP vs HSA
Replies: 10
Views: 936

Re: ESPP vs HSA

We've done the buffer approach, and it works fine. That's actually how we got up to putting the maximum into the ESPP, by creating a buffer for the amount we couldn't afford yet. Main drawback is when the stock price drops just after you get it -- hold out in an attempt to sell it at the purchase FM...
by archbish99
Tue Jun 16, 2015 9:54 am
Forum: Investing - Theory, News & General
Topic: Sell MF before dividend
Replies: 6
Views: 544

Re: Sell MF before dividend

No, because in your pair of examples, money changes hands. In the OP's case, the money is already his either way. If gains are LT, probably doesn't matter, but slightly better to sell before the dividend in case some of it weren't qualified. (Unlikely, I suspect.) If gains are ST, wait and get the d...
by archbish99
Mon Jun 15, 2015 4:09 pm
Forum: Investing - Theory, News & General
Topic: Is Paying Commissions Bad?
Replies: 22
Views: 3104

Re: Is Paying Commissions Bad?

The argument of fee-based versus commission-based really comes down to whether the amount of effort varies based on the size of the portfolio (or house, or whatever). There's not substantially more work or knowledge involved in managing a $15M portfolio versus a $1.5M portfolio versus a $150k portfo...
by archbish99
Sun Jun 14, 2015 12:41 pm
Forum: Personal Consumer Issues
Topic: Where do you keep your to do list?
Replies: 60
Views: 4989

Re: Where do you keep your to do list?

I've become a fan of Kanban for my personal work backlog. While I'm sure there are good apps for it, I've wound up just using stickies on one wall of the office, and that has worked really well for me.
by archbish99
Thu Jun 11, 2015 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Should I move out of my family's home?
Replies: 55
Views: 5156

Re: Should I move out of my family's home?

I'm also puzzled by some of the disdain I'm hearing from some who are encouraging me to move out. I don't quite understand why the negative perception is there, hence why I originally called it a stigma. As long as they encourage me to stay, I'm not mooching off my parents. They won't take my rent ...
by archbish99
Thu Jun 11, 2015 7:25 am
Forum: Personal Consumer Issues
Topic: best way to do extended dual monitors on computer
Replies: 4
Views: 678

Re: best way to do extended dual monitors on computer

Yep. Pick up an HDMI-DVI cable (cablesforless.com is a good option) and you're at two. USB is relevant because most video cards can only drive two monitors, even if they have three outputs; getting a DisplayLink adapter lets you add additional monitors via USB. They're not just cables, though, and d...
by archbish99
Wed Jun 10, 2015 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Should I move out of my family's home?
Replies: 55
Views: 5156

Re: Should I move out of my family's home?

You note that your parents' culture expects you to live with them until you're married, but in the culture in which you now live, "still" living with your parents is an obstacle to relationships that could lead to marriage. Does your parents' culture also include arranged marriage by chanc...
by archbish99
Wed Jun 10, 2015 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance and Economic Outpatient Care for a Boglehead
Replies: 70
Views: 4574

Re: Inheritance and Economic Outpatient Care for a Boglehead

Why is parent assistance for children's private K-12 counted but not their assistance for children's college or graduate school? I interpreted that one differently than it appears you might have. The question as posed assumes a parental "responsibility" to provide education through grade ...
by archbish99
Wed Jun 10, 2015 8:34 am
Forum: Investing - Theory, News & General
Topic: Roth IRA question
Replies: 9
Views: 964

Re: Roth IRA question

Yes, Vanguard lets you set up direct deposit once the account is set up. They'll give you a routing and account number, and you can have your employer drop some amount in each paycheck. Alternately, you can set it up for them to debit your checking account a fixed amount periodically.
by archbish99
Tue Jun 09, 2015 11:20 am
Forum: Forum Issues and Administration
Topic: SSL Labs test on Bogleheads.org: F and C grades
Replies: 24
Views: 3772

Re: SSL Labs test on Bogleheads.org: F and C grades

The RC4 algorithm is pretty flawed, and has been known to be flawed for well over a decade. But using an RC4 cipher was the solution to a specific SSL attack about half a decade ago, which gave it "staying power" in the SSL realm. Essentially, RC4 is flawed, but that particular attack aga...
by archbish99
Sat Jun 06, 2015 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Ob-Gyn requires prepayment of deductible for pregnancy services - is this typical?
Replies: 52
Views: 4317

Re: Ob-Gyn requires prepayment of deductible for pregnancy services - is this typical?

If not typical, at least common. Our plan allows for the case where an ob-gyn bills a single price for all pre-natal care and the delivery. (Pre-natal care is preventative, so they assume one-third is the pre-natal and pay it before applying the rest to the deductible.) Our ob did this, and had an e...
by archbish99
Thu Jun 04, 2015 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Divorcing over finances.
Replies: 70
Views: 6310

Re: Divorcing over finances.

Yes, particularly in the situation you describe. My brother's first wife protested any time he suggested they couldn't afford to spend as much as she wanted while she just put everything on credit cards. They sought counseling, but couldn't resolve it. As the situation progressed, he took some steps...
by archbish99
Wed Jun 03, 2015 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Any Bogleheads living at "The Cedars" in NC?
Replies: 3
Views: 1049

Re: Any Bogleheads living at "The Cedars" in NC?

I'm interested in hearing about this as well -- CCRCs in general, not just this one. My parents (in SC) just visited one and were quoted an entrance fee of $200-250k, with monthly fees around $3200 for the first person and $1500 for the second. The facility would waive part of the entrance fee becau...
by archbish99
Wed Jun 03, 2015 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Question about type of mortgage and pre-approval letter
Replies: 6
Views: 648

Re: Question about type of mortgage and pre-approval letter

There is (usually/always?) no obligation to use a lender who has pre-approved you (after all, there is no guarantee you'll find a home you want to purchase), but there will be some modest costs involved for each lender with whom you apply. So by all means, once you have made an offer, do shop aroun...
by archbish99
Wed Jun 03, 2015 8:46 am
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 104
Views: 9699

Re: Free Windows 10 Upgrade, Yes or No?

tj wrote:My computer apparently is not eligible for the upgrade.

Why not? XP? Thinks it's pirated? Does it actually say you're not eligible, or have you just not gotten a pop-up?
by archbish99
Tue Jun 02, 2015 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Question about type of mortgage and pre-approval letter
Replies: 6
Views: 648

Re: Question about type of mortgage and pre-approval letter

If you only expect to be in the home 10 years, price out 5/5 and 7/1 ARM options alongside the fixed rate. But if you're going to be there at least 10 years, the fixed rate is likely better. Plot the interest paid in Excel and see where the ARM costs you more in the worst case. When evaluating an AR...
by archbish99
Tue Jun 02, 2015 11:06 am
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 104
Views: 9699

Re: Free Windows 10 Upgrade, Yes or No?

^^^ No, Microsoft decided to skip a number. I guess that "9" was too close to "8" and they wanted to make sure that everyone understood that this is a new design. :) Another rumor is that the development community wanted MS to skip Windows 9 because some application checked for ...
by archbish99
Tue Jun 02, 2015 11:02 am
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 104
Views: 9699

Re: Free Windows 10 Upgrade, Yes or No?

My desktop is already running the preview. My wife's Surface Pro 3 will get the upgrade when it's officially released. My Media Center PC will stay on Windows 7 for the foreseeable future, until I see what solutions people find. There are lots of open-source and third-party media center programs tha...
by archbish99
Mon Jun 01, 2015 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: UGMA/UTMA redemption inquiry
Replies: 4
Views: 400

Re: UGMA/UTMA redemption inquiry

Yes, both claims are suspicious. If it's a UTMA account you already are the owner. The cost basis is yours -- you also are responsible to have been paying taxes on the dividends since the account was opened. In fact, it sounds like they're treating you as the beneficiary of your grandmother's accoun...
by archbish99
Mon Jun 01, 2015 6:56 am
Forum: Personal Consumer Issues
Topic: Which grocery stores do you shop at and why?
Replies: 93
Views: 6135

Re: Which grocery stores do you shop at and why?

QFC (local Kroger variety) mostly. Occasionally Safeway to grab 1-2 things if it happens to be on the way. Target has great prices for some things -- my wife tries to save purchases of cleaning products and baby formula until we're there, and dry goods like spices and cereals are often worth waiting...
by archbish99
Sun May 31, 2015 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Ideal Benefits Package?
Replies: 6
Views: 1126

Re: Ideal Benefits Package?

Depends on the income level of your employees, too. If they're in a high tax bracket, the ability to "pay" them in untaxed healthcare is a great giveaway. There are a lot of people at my employer who moss the days of our no-premium, no-deductible, no-copay insurance. The employer just cove...
by archbish99
Thu May 28, 2015 8:16 pm
Forum: Personal Consumer Issues
Topic: Should I shorten my last name?
Replies: 70
Views: 6394

Re: Should I shorten my last name?

We have friends who didn't want her to take his name for feminist reasons, but still wanted the unity of having the same name. They both changed to one new name, and everyone's happy.
by archbish99
Thu May 28, 2015 10:01 am
Forum: Personal Consumer Issues
Topic: Should I shorten my last name?
Replies: 70
Views: 6394

Re: Should I shorten my last name?

My name is pretty standard (by which I mean American). The person across my office wall has a pretty standard Indian name. I noticed when he was transferred from the India office to the US one, he took the opportunity to flip his first and last names as presented in the company address book, so that...
by archbish99
Wed May 27, 2015 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: YNAB a good subsitute for Quicken?
Replies: 29
Views: 3075

Re: YNAB a good subsitute for Quicken?

Thanks for the feedback everyone. I appreciated the feedback and it was enough for me to spend a number of hours over the last couple of weeks with the free YNAB trial. For those interested here are my thoughts: I can definitely see the value of their approach. If you want to tightly manage cash-fl...
by archbish99
Tue May 26, 2015 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Patient-Ordered Medical (Genetic) Tests
Replies: 20
Views: 1535

Re: Patient-Ordered Medical (Genetic) Tests

He needs to know when he's going to have kids of his own, because if his wife were a carrier, they'd have a 25% chance of a child with the condition. This isn't a predisposition gene, it's an actual condition gene. So not ever knowing isn't on the table, unless he becomes a monk or otherwise stays c...
by archbish99
Tue May 26, 2015 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Patient-Ordered Medical (Genetic) Tests
Replies: 20
Views: 1535

Patient-Ordered Medical (Genetic) Tests

Our son was born recently, and in the process of having him, we learned that my wife is a carrier for a genetic disorder (and I am not). Therefore, there's a 50% chance that our son is also a carrier, though obviously just being a carrier has no immediate medical impact on him. We'd like to be able ...
by archbish99
Mon May 25, 2015 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: How much to contribute to a 529 Plan
Replies: 2
Views: 666

Re: How much to contribute to a 529 Plan

...then deducted $4000 times four which I know I have to pay directly if I want to qualify for the American Opportunity Credit tax credit. You may find https://www.bogleheads.org/forum/viewtopic.php?t=156267 to be useful -- as I read it, you can take the distribution, but choose to pay taxes on the...
by archbish99
Mon May 25, 2015 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: YNAB a good subsitute for Quicken?
Replies: 29
Views: 3075

Re: YNAB a good subsitute for Quicken?

I got in the rewards game a couple of years ago and it has netted my thousands of dollars and multiple free flights and hotel stays. You need to be good at keeping track of things, but it's not to bad as long as you go at a pace that you are comfortable with. I wouldn't advise most people to do thi...
by archbish99
Wed May 20, 2015 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: SS question
Replies: 8
Views: 1096

Re: SS question

So if I wait till 64 or 65 to collect SS I would get more of a benefit right? Yes. Your benefit is reduced if you claim before Full Retirement Age, and increased if you claim after. By waiting until 64-65 (still not FRA), you'll have less of a reduction than at 62. 62 is the minimum, 70 is the maxi...
by archbish99
Tue May 19, 2015 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Healthcare Sharing Ministry A No Brainer?
Replies: 49
Views: 3535

Re: Healthcare Sharing Ministry A No Brainer?

My wife also gets monthly birth control at $25 a pop (on health care sharing ministry, this would cost me $19 a month since it would be paid out of pocket but still from my old HSA so true cost = $25 x 75%). What would the health care ministry think of your wife taking birth control ? Don't you hav...
by archbish99
Sun May 17, 2015 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Healthcare Sharing Ministry A No Brainer?
Replies: 49
Views: 3535

Re: Healthcare Sharing Ministry A No Brainer?

Here is another take, if you were to get cancer since the ACA plans cannot exclude pre existing conditions so why not just just sign up for an ACA plan with no cap at that time? That's why they have an open-enrollment period, rather than being able to jump in at any time. If you get cancer with eno...
by archbish99
Sat May 16, 2015 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Healthcare Sharing Ministry A No Brainer?
Replies: 49
Views: 3535

Re: Healthcare Sharing Ministry A No Brainer?

The savings also come from the per-incident cap. Would a single bout with cancer be one incident? $1M+ medical expenses are rare (at age 30, especially), but that's part of what insurance is for. You're comparing catastrophic-only coverage on the exchange to coverage that only pays for small catastr...
by archbish99
Wed May 13, 2015 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: YNAB a good subsitute for Quicken?
Replies: 29
Views: 3075

Re: YNAB a good subsitute for Quicken?

Quicken knows how much you spent this month in a given category, and knows how much you intend to spend in a given category. It doesn't (or didn't when I used it) deal easily with stuff that isn't monthly, or carry-over amounts from month to month. I jury-rigged a way to do it, but it was error-pron...
by archbish99
Tue May 12, 2015 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody 50/50?
Replies: 78
Views: 6645

Re: Anybody 50/50?

Basically go Total US and International for Stock and Total US bond (with maybe a little international) for my Roth and 401k. For taxable same stock but use tax exempt intermediate for the bonds. Surprised no one else has commented, but regardless, you should probably handle your allocation across ...
by archbish99
Fri May 08, 2015 1:00 pm
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 224
Views: 18165

Re: Forum software upgrade bug reports and change requests

Minor bug, but the login page says:
In order to login you must be registered.

"Login" is a noun. "Log in" is a verb.
by archbish99
Mon May 04, 2015 12:32 pm
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 224
Views: 18165

Re: Forum software upgrade bug reports and change requests

Peterjens wrote:
Peterjens wrote:How do I mark all posts read?


Bump.

Have you tried the "Mark forums read" / "Mark topics read" link in the upper right?
by archbish99
Sun May 03, 2015 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Power of attorney
Replies: 59
Views: 4983

Re: Power of attorney

Vanguard's handling of PoAs is rather obtuse, IIRC -- they honor them only by mail, and with a separate copy of the PoA for each request. I do wonder, though, whether the PoA could be used to execute the agent form on behalf of the disabled party...? Worse is Treasury Direct -- as a federal institut...
by archbish99
Sat May 02, 2015 6:42 am
Forum: Investing - Help with Personal Investments
Topic: How to invest 15 years of living expenses
Replies: 13
Views: 1656

Re: How to invest 15 years of living expenses

TIPS would guarantee you against losses to inflation, though obviously you'll pay an insurance premium in the form of negative yield on the short term ones. TIPS in combination with as many I-Bonds as you're allowed to purchase might be worthwhile, though. Looks like a 15-year TIPS ladder at that in...
by archbish99
Fri May 01, 2015 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: PMI- single premium at closing?
Replies: 5
Views: 452

Re: PMI- single premium at closing?

$2800 / $100/month => 28 months. If he will be in the home for 28 months and won't be able to pre-pay principal and remove PMI before 28 months, prepaying sounds worthwhile. I probably wouldn't take the higher interest rate, as that can never be removed until you move or refinance. I've made that mi...
by archbish99
Fri May 01, 2015 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a Personal Rep (Executor) for Living Trust
Replies: 21
Views: 1296

Re: Choosing a Personal Rep (Executor) for Living Trust

On a $4M trust, Vanguard's fee as asset manager would be $14,500/year, or 0.365%, in addition to the ER of the funds. The fee as trustee would be another $2,500/year. I'm sure you can find other professional trustees in other price ranges. With a lawyer, your trust might be paying hourly rather than...
by archbish99
Thu Apr 30, 2015 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Residents of states w/o income tax, do you itemize?
Replies: 34
Views: 2303

Re: Residents of states w/o income tax, do you itemize?

It is not like this is a choice. You must do the following: - compute standard deduction, - compute itemized deduction, - whichever is better, you take that. Um, actually, it is precisely a choice. You may itemize even if below the standard deduction (and may be required to do so in some circumstan...
by archbish99
Thu Apr 30, 2015 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Residents of states w/o income tax, do you itemize?
Replies: 34
Views: 2303

Re: Residents of states w/o income tax, do you itemize?

Washington, and itemize. Charitable giving, mortgage interest, property tax, and sales tax take us well past the standard deduction.

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