Search found 6875 matches

Return to advanced search

Re: Christian CU Certificates %5.00 12-Months

An interesting thing about this credit union is you can get a membership just by attending (don't even have to be a member) a church on their 'approved' denomination/church list. It seems like I remember back in the day credit unions were a little harder to get into than they are now - most seem to...
by dm200
Sun Dec 21, 2014 10:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Christian CU Certificates %5.00 12-Months
Replies: 17
Views: 2201

Re: Christian CU Certificates %5.00 12-Months

Eads, this reminds me of the Home State Savings scandal of 1985 where the Ohio deposit insurance fund collapsed. At the time of the collapse, Home State was offering CDs to depositors that were about 1% higher than other Cincinnati banks. When someone offers 5% when most banks are offering 1-2%, th...
by dm200
Sun Dec 21, 2014 9:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: Christian CU Certificates %5.00 12-Months
Replies: 17
Views: 2201

Re: Regulatory guidance - occupation information requirement

And again, as I note above, no one has more influence over laws and regulations that effect financial instutions than the financial industry itself. More often than not their own lobbyists have written the verbatim text that becomes law. So turning around after the fact and blaming the "laws a...
by dm200
Sun Dec 21, 2014 9:29 pm
 
Forum: Personal Finance (Not Investing)
Topic: Regulatory guidance - occupation information requirement
Replies: 29
Views: 2321

Re: Christian CU Certificates %5.00 12-Months

ASI (American Share Insurance) is, as far as I know, a fine and reputable organization, as are almost all of the state chartered credit unions who are allowed and who have chosen to be provately insured (not federally insured by NCUA). IMO, deposits in an ASI insured credit union are very safe - BUT...
by dm200
Sun Dec 21, 2014 3:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: Christian CU Certificates %5.00 12-Months
Replies: 17
Views: 2201

Re: Acquaintance and different state dates for Medicare A &

This: http://www.aarp.org/health/medicare-insurance/info-03-2011/ask-ms-medicare-question-94.html says: By law, people who continue to work beyond age 65 still must be offered the same health insurance benefits (for themselves and their dependents) as younger people working for the same employer. A...
by dm200
Sun Dec 21, 2014 1:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: Acquaintance and different state dates for Medicare A & B?
Replies: 2
Views: 344

Acquaintance and different state dates for Medicare A & B?

An acquaintance turned 65 in October and is still employed at a service job (small company) and his employer health insurance stopped when he became Medicare eligible (although he says the employer will or may pay something towards the supplement). He told me (and showed me his medicare card) that P...
by dm200
Sat Dec 20, 2014 11:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: Acquaintance and different state dates for Medicare A & B?
Replies: 2
Views: 344

Re: Regulatory guidance - occupation information requirement

Agree here and with others that the bank is protecting itself so it does make sense - to the bank. The problem is that as it's written, it makes little or no sense to their customers. For the bank, it's a win-win, possibly even if they don't get the customer info sought, since the more important mo...
by dm200
Sat Dec 20, 2014 11:40 pm
 
Forum: Personal Finance (Not Investing)
Topic: Regulatory guidance - occupation information requirement
Replies: 29
Views: 2321

Re: When can a draft withdrawal be made from VBS sweep accou

I would guess that bertilak has the right place to look. I've never looked at that spot myself. I would just say that in my experience, matured brokered CD principal does not appear in total account balances until after markets close on the day of maturity. If your withdrawal won't appear/post unti...
by dm200
Sat Dec 20, 2014 11:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: When can a draft withdrawal be made from VBS sweep account?
Replies: 3
Views: 359

Re: Vanguard cd question [Brokered CDs]

saltycaper wrote:Hadn't thought bank failure == a call before, though no doubt it is.

I use the rule of thumb, "If it trades at a premium, I won't be needing 'em..." [heads for door] :oops:


I feel almost the same - however, I would consider a very small premium.
by dm200
Sat Dec 20, 2014 11:30 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard cd question [Brokered CDs]
Replies: 25
Views: 3162

When can a draft withdrawal be made from VBS sweep account?

A while ago I asked Vanguard about this and received a somewhat vague answer - "suggested" (with little or no detail) waiting until amount was posted. Specifically, if a brokered CD has a maturity date of, say, Friday December 19 - when is it safe/allowable to deposit a withdrawal draft in...
by dm200
Sat Dec 20, 2014 5:01 pm
 
Forum: Investing - Help with Personal Investments
Topic: When can a draft withdrawal be made from VBS sweep account?
Replies: 3
Views: 359

Re: Vanguard cd question [Brokered CDs]

If you login to your Vanguard account, more details appear. For example, call options don't appear until you login. I see a lot with call options. Vanguard's search tool doesn't include call options (I don't see where you can select this or not). For the survivor option, I see "Conditional put...
by dm200
Sat Dec 20, 2014 4:53 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard cd question [Brokered CDs]
Replies: 25
Views: 3162

Re: Regulatory guidance - occupation information requirement

I am an official of a regulated financial entity that must comply with these kinds of statutory and regulatory requirements. While it is always possible that an institution may be looking for marketing/sales opportunities, what is being described, IMO, is to comply with anti-money laundering, anti-t...
by dm200
Sat Dec 20, 2014 4:42 pm
 
Forum: Personal Finance (Not Investing)
Topic: Regulatory guidance - occupation information requirement
Replies: 29
Views: 2321

Re: HOA Townhouse Reserve Amount

If, for example, the major potential costs are all either new, or recently upgraded/repaired, the actual amount in reserve could/should be much less than if some or all such potential costs are for matters where the useful life is very short. There also can be a wide difference in the kinds of matte...
by dm200
Thu Dec 18, 2014 10:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: HOA Townhouse Reserve Amount
Replies: 9
Views: 776

Re: Building a New House

Hello All, Wanted to hire an architect and wanted to know how much do they cost. Meet with one person who stated that she takes 10% of the cost of the construction, though that was a lot. Need somebody to design a house and give recommendations about insulation and better build quality overall. I a...
by dm200
Thu Dec 18, 2014 10:44 pm
 
Forum: Personal Consumer Issues
Topic: Building a New House
Replies: 11
Views: 1273

Re: Vanguard cd question [Brokered CDs]

If I recall correctly from my brokered CD purchases, you are not even guaranteed a market to sell your brokered CD in the future. I sold a $25,000 brokerage CD held in a VG non-retirement account back in April 2014 of this year (to pay taxes on a Roth conversion). The brokerage CD was a legacy from...
by dm200
Thu Dec 18, 2014 10:34 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard cd question [Brokered CDs]
Replies: 25
Views: 3162

Re: Vanguard cd question [Brokered CDs]

One other important point, relating to FDIC insurance, from the disclosure statement I received from Fidelity: "In the event that you purchase a CD in the secondary market at a premium over the par amount... that premium is not insured." Yes - and (as far as I know) the opposite is also t...
by dm200
Thu Dec 18, 2014 10:07 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard cd question [Brokered CDs]
Replies: 25
Views: 3162

Re: Vanguard cd question [Brokered CDs]

I was looking the the Fidelity brokered CDs. I presume they are similar. The rates look similar to the highest earning CDs I've seen available. It appears that if you want to sell a brokered CD on the secondary market then the CD becomes like a bond. If rates raise then someone will offer less for ...
by dm200
Thu Dec 18, 2014 1:41 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard cd question [Brokered CDs]
Replies: 25
Views: 3162

Re: ACA insurance Q... for 26 yo child coming off my insuran

IMO - no right answer for everyone. All depends on the details of her situation. While a low premium, high deductible plan might seem to be dollars and/or numbers "best", I would also consider the health and behavioral aspects of the choice. If she, for example, is (or may be) savings &quo...
by dm200
Wed Dec 17, 2014 4:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: ACA insurance Q... for 26 yo child coming off my insurance
Replies: 8
Views: 1207

Re: Selling Vehicle of Deceased

This is entirely subject to Iowa state law. I am not familiar with the estate laws and probate procedure in IA and IANAL. Think about it. The purpose of estate law and probate procedures are to resolve the issue of assets, liabilities, and the distribution of net assets if any. If you could just di...
by dm200
Wed Dec 17, 2014 3:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: Selling Vehicle of Deceased
Replies: 26
Views: 2084

Re: Regulatory guidance - occupation information requirement

I will not (because I cannot fully) explain the "logic" of such requests or requirements. Bottom line - it does not matter. Financial institutions are subject to significant regulatory and statutory requirements regarding anti-money laundering, and all sorts of related bad things that may ...
by dm200
Tue Dec 16, 2014 10:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: Regulatory guidance - occupation information requirement
Replies: 29
Views: 2321

Re: Selling Vehicle of Deceased

The first thing I'd do is call a used car dealer in Iowa and see what they say. Is the car in Iowa? Did one of you have power of attorney for your father in law? I suspect a used car dealer would take title from someone having power of attorney; that's something you can ask a used car dealer. Anoth...
by dm200
Tue Dec 16, 2014 3:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: Selling Vehicle of Deceased
Replies: 26
Views: 2084

Re: Selling Vehicle of Deceased

The first thing I'd do is call a used car dealer in Iowa and see what they say. Is the car in Iowa? Did one of you have power of attorney for your father in law? I suspect a used car dealer would take title from someone having power of attorney; that's something you can ask a used car dealer. Anoth...
by dm200
Tue Dec 16, 2014 3:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: Selling Vehicle of Deceased
Replies: 26
Views: 2084

Re: Car buying questions ...

In addition to what you might save on a fixed, know price for a new car - one of the added benefits of using some buying services (such as UBS in the Washington DC area) is that you can go through the detailed models, options, add-ons, etc. and select exactly the car features you want and do not wan...
by dm200
Tue Dec 16, 2014 2:18 pm
 
Forum: Personal Consumer Issues
Topic: Re: Car buying questions ...
Replies: 10
Views: 1748

Re: Need help with men's exercise clothes please

I must be another guy "in the Dark Ages" -- BUT I plan to stay there! I go to a gym almost every day (for the past 4 years) and in the past year my cotton or cotton-blend T-shirts get soaking wet as well. So what? I shower, change into regular clothes, put the wet T-shirt in the gym bag un...
by dm200
Tue Dec 16, 2014 12:02 am
 
Forum: Personal Consumer Issues
Topic: Need help with men's exercise clothes please
Replies: 55
Views: 3515

Re: Helping out family members

So I have a family member that has made it clear and public to the rest of the family that they are going through financial trouble. They're concerned about being evicted from their apartment and not being able to meet their bills. This family member has asked other family members for financial ass...
by dm200
Mon Dec 15, 2014 11:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: Helping out family members
Replies: 64
Views: 4442

Re: Car buying questions ...

The very last line of every tru car quote is the dealer doc fee Dealers might add a runners fee to go to the dmv (even if they can register the car from their office) Call the dealer and ask I thought my son was a good enough driver to use my new jeep last winter. $32,000 from the insurance company...
by dm200
Mon Dec 15, 2014 5:15 pm
 
Forum: Personal Consumer Issues
Topic: Re: Car buying questions ...
Replies: 10
Views: 1748

Re: Federal Retiree Insurance and Medicare

Are their any on the forum who are retired from the Federal Government who have both Medicare and that kept their federal health insurance after retirement. As I understand it, once a federal employee becomes 65 and goes on Medicare their federal health insurance is treated like a supplemental poli...
by dm200
Mon Dec 15, 2014 4:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Federal Retiree Insurance and Medicare
Replies: 8
Views: 497

Re: Medical Necessity and the Insurance Appeals Process

My wife and I have been fortunate over the years - that only a few times have ther been denials of coverage. About half of the last 4 decades we were covered by different kinds of insurance (PPO. HMO and "old fashioned" pay whatever). I am not including the periods when covered by Kaiser w...
by dm200
Sun Dec 14, 2014 8:19 pm
 
Forum: Personal Finance (Not Investing)
Topic: Medical Necessity and the Insurance Appeals Process
Replies: 15
Views: 1138

Some higher rates available on Brokered CDs

As often happens near the end of the year, there are some higher rates available on Vanguard brokered CDs. One month term available at 0.40%, three month at 0.50% and this gem : 94 day term (settles 12/29 and matures 4/2) at 0.55%. I grabbed this one! I expect there may be more of these kinds of rat...
by dm200
Fri Dec 12, 2014 9:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: Some higher rates available on Brokered CDs
Replies: 2
Views: 582

Re: What to do with profits: disagreements with partners

we purchase equipment for the office that, though not currently needed, will be used in the future


This aspect puzzles me. Depending on the type of "equipment", it seems to me that it might not be used as anticipated, especially if it is technology-type equipment.
by dm200
Fri Dec 12, 2014 11:27 am
 
Forum: Personal Finance (Not Investing)
Topic: What to do with profits: disagreements with partners
Replies: 9
Views: 1051

Re: Totally Stressed. Husband lost job.

my husband is now doing self-employment work 1099 etc - and yes he is doing ok - I just hate living this way -- waiting for the money to come in etc etc. I think it is a good idea for your husband to do what work he can do, and not place all hope in fighting the being let go. he may not win. I work...
by dm200
Thu Dec 11, 2014 9:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: Totally Stressed. Husband lost job.
Replies: 28
Views: 6359

Re: sizeable negative balaance on credit card--how to access

I believe you can get that amount refunded to you, especially since it is a significant amount. I suggest making such a request to the card company.
by dm200
Wed Dec 10, 2014 11:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: sizeable negative balaance on credit card--how to access?
Replies: 24
Views: 2787

Re: Toddlers first flight

Also, to the degree that it is possible and practical, engage the flight attendants in helping to "engage" the children during the flight. That can depend a great deal on the "personality" of the child, of course.
by dm200
Wed Dec 10, 2014 9:22 pm
 
Forum: Personal Consumer Issues
Topic: Toddlers first flight
Replies: 30
Views: 1845

Re: Banks that allow Fiduciary Accounts?

Hello all, Wondering if anyone has ever opened a fiduciary account with a bank? My father is able to receive financial benefits from the VA but due to his dementia they will solely pay the monies into a proper fiduciary account. I can become his fiduciary if I am able to open such an account. I cal...
by dm200
Wed Dec 10, 2014 9:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: Banks that allow Fiduciary Accounts?
Replies: 2
Views: 353

Re: Toddlers first flight

We decided to fly this trip and we are nervous. We don't want other passengers to hate our guts. Our kids are recovering from ear infections also. Their ears may hurt during flight. I'm bring everything bottles, toys, food and pacis. I will have motion sickness therefore my husband has to deal with...
by dm200
Wed Dec 10, 2014 4:59 pm
 
Forum: Personal Consumer Issues
Topic: Toddlers first flight
Replies: 30
Views: 1845

Re: How does turnover increase costs?

Looking at the vanguard and fidelity international market index funds, I noticed VG has a lower ER but higher turnover. Is turnover factored into the ER or is it separate? If its separate, does the turnover increase costs regardless if the fund is held in a taxable or tax Advatage account? And the ...
by dm200
Wed Dec 10, 2014 4:42 pm
 
Forum: Investing - Theory, News & General
Topic: How does turnover increase costs?
Replies: 12
Views: 506

Re: Ex-landlord won't return deposit

I've rented properties from 5 outfits in three states, and NEVER got a deposit back, despite leaving all the places neat as a pin. My favorite landlord was the one that decided to 'hire' one of his tenants to do work on the place in lieu of a month or two of rent, and then after the work was done, ...
by dm200
Sun Dec 07, 2014 11:40 pm
 
Forum: Personal Finance (Not Investing)
Topic: Ex-landlord won't return deposit
Replies: 29
Views: 3132

Re: Ex-landlord won't return deposit

Thanks for your help! Was this a rental from an apartment complex (company/corporation) or a rental from an individual, such as a condo owner? If it was from an apartment complex, then you might escalate up the company/corporate ladder to a higher official in the company. if from an individual (sma...
by dm200
Sun Dec 07, 2014 5:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: Ex-landlord won't return deposit
Replies: 29
Views: 3132

Re: FICA in Retirement

Looking for some experienced intelligence on what to expect regarding taxes in retirement. Without all the specifics, I just learned that when I retire my company will use the first few pension checks to prepay FICA I would owe in retirement so none is taken out point forward. Anyone hear of this? ...
by dm200
Sun Dec 07, 2014 11:42 am
 
Forum: Personal Finance (Not Investing)
Topic: FICA in Retirement
Replies: 10
Views: 1615

Re: How to sell very small business (or even if)

To all you helped me with some advice. My wife has sold her business, all contracts signed and an effective date of January 1, 2015. Actually we did not sell the business, just the goodwill. Actually received 2 offers. I agreed with Bungalow10, the sale is a client list and goodwill. First offer wa...
by dm200
Sun Dec 07, 2014 11:12 am
 
Forum: Personal Finance (Not Investing)
Topic: How to sell very small business (or even if)
Replies: 12
Views: 1329

Re: buying CDs from Vanguard?

I haven't bought CDs since I closed my ING account. Haven't pulled the trigger with other vendors, mostly due to the (to me) extra hoops you need to jump. At ING I could tell them what I want to do with my CD when it matures, e.g. rollover, send to my bank account, buy new CD with longer\shorter te...
by dm200
Sat Dec 06, 2014 2:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: buying CDs from Vanguard?
Replies: 2
Views: 614

Re: Giving money to your alma mater: Have to vent

A little while ago while I was suffering through a long period of unemployment, I got a call from my alma mater. They were asking for a donation. I politely told the kid that I can't afford it at the moment, but I'd be happy to do so in the future. But then the kid kept on with a sales pitch. I did...
by dm200
Thu Dec 04, 2014 12:40 pm
 
Forum: Personal Finance (Not Investing)
Topic: Giving money to your alma mater: Have to vent
Replies: 166
Views: 16567

Re: Medicare signup

1. As I have posted before, there can be very big differences in Medicare Advantage (MA) Plans, so evaluate the particular plan(s) available and you are considering. Some can be excellent. 2. If available in your area, evaluate the less common Medicare Cost (MC) plans - just as you would an MA plan....
by dm200
Wed Dec 03, 2014 10:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: Medicare signup
Replies: 36
Views: 2148

Re: ACA & Medicare plus Roth Conversion

I can't answer why the gubmint decided to monkey around with people's birthdays. Maybe there is a retired SSA person on here who knows the background of it ? As for why everything is effective on the first of a month I am guessing that when social security was set up no one wanted the headache of f...
by dm200
Wed Dec 03, 2014 10:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: ACA & Medicare plus Roth Conversion
Replies: 10
Views: 1184

Re: Selling a rented house

The two homes may be identical, but sale price aside, the mortgages with different LTV ratios are not equal assets for the lender. Remember, the borrower's mortgage is the lender's investment, and the value of an investment depends on the degree of risk that it may not return the expected rate of r...
by dm200
Wed Dec 03, 2014 12:57 am
 
Forum: Personal Finance (Not Investing)
Topic: Selling a rented house
Replies: 39
Views: 3087

Re: ACA & Medicare plus Roth Conversion

I turned 65 last August. The interesting thing to me is that with an August birthday I can delay Part B Medicare until July 1st and not have to a pay a penalty because it will have been only 11 months and not a full 12 months. ................... Yes, along as your birthday is not August 1 This is ...
by dm200
Wed Dec 03, 2014 12:48 am
 
Forum: Personal Finance (Not Investing)
Topic: ACA & Medicare plus Roth Conversion
Replies: 10
Views: 1184

Re: Best CD rates ...

While the distinction is less relevant to retirees who harvest interest, others might note that brokered CDs do not "compound", i.e., the interest is credited, paid, and swept into your MMF (or sweep account) and not re-invested into the CD. Thus, there is a re-investment decision. New pu...
by dm200
Wed Dec 03, 2014 12:21 am
 
Forum: Investing - Help with Personal Investments
Topic: Best CD rates ...
Replies: 49
Views: 4372

Re: Will Vanguard ever offer a passbook savings account?

What I would really like to see is the Vanguard Brokerage required "sweep" account (now must be a Vanguard MM Fund, either Prime or Tax Exempt) be and FDIC Insured "bank" account. I have heard that some brokerage firms and some Mutual fund companies have sweep-type accounts in FD...
by dm200
Wed Dec 03, 2014 12:11 am
 
Forum: Investing - Help with Personal Investments
Topic: Will Vanguard ever offer a passbook savings account?
Replies: 36
Views: 2363

Re: Best CD rates ...

Vanguard's brokered CDs are not competitive at current rates. Since risk on brokered CDs is slightly higher than on ordinary CDs, there has to be an interest rate premium. Risk is you need to sell before term is up: With a brokered CD, you have to take what the market will give you. With an ordinar...
by dm200
Tue Dec 02, 2014 7:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Best CD rates ...
Replies: 49
Views: 4372

Re: Will Vanguard ever offer a passbook savings account?

Their MM fund is as close to a bank account as one can get, it offers check writing and EFT out and pays .01% interest. No FDIC insurance but the Federal government didn't let the Lehman Brothers bankruptcy "break the buck" for MM funds in 2008. They set up an FDIC type of insurance, no l...
by dm200
Tue Dec 02, 2014 6:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: Will Vanguard ever offer a passbook savings account?
Replies: 36
Views: 2363
Next

Return to advanced search