Search found 7361 matches

by dm200
Sun Aug 02, 2015 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Any method to quickly establish a credit history?
Replies: 8
Views: 591

Re: Any method to quickly establish a credit history?

I don't know what can be done, but if he is dealing with a mortgage broker type person (whose compensation depends on your son getting the mortgage), perhaps that mortgage broker may be aware of alternatives to having actual credit scores/history with a credit bureau. Can't hurt to ask. There also m...
by dm200
Sun Aug 02, 2015 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Can executor take value of personal time?
Replies: 17
Views: 1565

Re: Can executor take value of personal time?

Without getting into a lot of technicalities, let me comment on what is my understanding. 1. Although you state that there are no funds in the estate to hire workers for the needed repairs, it seems to me that the value of the home provides such funds. 2. Normally, an executor is entitle to remunera...
by dm200
Sun Aug 02, 2015 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Interest Rate Hike
Replies: 15
Views: 1369

Re: Interest Rate Hike

My (layman's) conclusion about predicting the magnitude and timing of interest rate changes is that this is impossible to predict.
by dm200
Sat Aug 01, 2015 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Majority of units in my condo assoc are owned by investors. Is this bad?
Replies: 21
Views: 2054

Re: Majority of units in my condo assoc are owned by investors. Is this bad?

Yes - this is not good. Another "problem" this can lead to is if/when rental (non-resident) limits are set (to try to solve this problem) a resident owner who wants or needs to rent that unit (for example an out of area job assignement for a year or two) - then he/she is not allowed to do ...
by dm200
Sat Aug 01, 2015 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Release of Parental Financial Liability?
Replies: 20
Views: 2052

Re: Release of Parental Financial Liability?

I looked into this. Insurance agent told me even if child has their own car and their own insurance, if you can claim child as a dependint on your taxes, then you are liable for any accident your child has. I increased my umbrella policy as a result. Could someone clarify this for me? How does the ...
by dm200
Fri Jul 31, 2015 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance - Consumer reports article/analysis
Replies: 12
Views: 1008

Re: Auto Insurance - Consumer reports article/analysis

One "technique" used in some states by some companies is pricing the premium based on a prediction of how likely the insured is to "complain" and/or go elsewhere. Was that assertion in the article? I don't know how CR would know that unless they were given inside information. Pr...
by dm200
Fri Jul 31, 2015 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA Medicare ACA intersection
Replies: 5
Views: 323

Re: COBRA Medicare ACA intersection

@dm200 - Yes, you have summarized it correctly. I just got off the phone with a Blue Cross Blue Shield AZ sales rep, who we have current employer coverage through, and he was confident that 1) my wife can leave COBRA and go on Medicare or continue with COBRA as secondary to Medicare and 2) that I q...
by dm200
Fri Jul 31, 2015 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA Medicare ACA intersection
Replies: 5
Views: 323

Re: COBRA Medicare ACA intersection

I am retired, age 60 and on my wife's work healthcare. My wife is 64 and will retire Aug 31, 2015. We plan on using COBRA as the cost and benefits are better than the healthcare marketplace plans in Arizona. She will be 65 in July 2016 and go on Medicare. The question is: When she moves to Medicare...
by dm200
Fri Jul 31, 2015 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance - Consumer reports article/analysis
Replies: 12
Views: 1008

Auto Insurance - Consumer reports article/analysis

The most recent issue of Consumer Reports has a lenghy article on auto insurance, especially the pricing of policies. Details vary a lot by state and company, but the article highlights the now common practice of pricing by credit rating (specialized version) and other factors not at all related to ...
by dm200
Fri Jul 31, 2015 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Strategies to reduce living costs for a single-person household?
Replies: 18
Views: 2164

Re: Strategies to reduce living costs for a single-person household?

Op, are you in NYC or SF? I am in Seattle where rents are increasing very rapidly. Admittedly I was only looking in a nicer/safer part of town with a controlled-access garage because I put a very high premium on security, but I am now considering moving further out for a cheaper rent. I wanted to s...
by dm200
Fri Jul 31, 2015 3:07 pm
Forum: Personal Consumer Issues
Topic: Rental car problems
Replies: 3
Views: 353

Re: Rental car problems

It was many years ago, but we had a rental car for a family trip in Texas. My wife, son (then 6 or 7) and I flew to one city in Texas, and made a circle trip of several hundred miles visiting relatives/inlaws in several cities. While driving the rental car (from one of the big companies) from one ci...
by dm200
Thu Jul 30, 2015 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Strategies to reduce living costs for a single-person household?
Replies: 18
Views: 2164

Re: Strategies to reduce living costs for a single-person household?

Depending on your locality, there may be low(er) cost housing by "sharing" part of a house - where you have a small section of the house, such as a basement and , perhaps, take on some degree of helping with some household responsibilities. Perhaps a retiree (or retired couple) that have o...
by dm200
Thu Jul 30, 2015 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Neat way to save a little $ on your car insurance
Replies: 18
Views: 3919

Re: Neat way to save a little $ on your car insurance

A few years ago, I noticed this exact issue - that I was paying for insurance that I could never collect on, so I asked my State Farm agent about lowering this Uninsured/underinsured motorist property damage limit. He told me that (here in Virginia at least) the limits had to be the same as my liabi...
by dm200
Thu Jul 30, 2015 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Chip and pin credit cards?
Replies: 15
Views: 1170

Re: Chip and pin credit cards?

Yes - there are requirements for acceptance of these EMV cards over time in the US, first for credit then for debit. Since the fraud/identity theft risks with these new cards is much lower for the issuers, as well as the compliance issues involved, card issuers are sending out these new cards - in m...
by dm200
Thu Jul 30, 2015 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Keep paying the mortgage??
Replies: 67
Views: 6539

Re: Keep paying the mortgage??

I inquired about an inspection and he told me one wasn't necessary, as it would slow the closing and the house is 100% renovated. He told me to save my money. The house has a new roof, windows, kitchen, bathroom, doors, furnace, a/c, attic insulation, and part of the driveway is replaced. The house...
by dm200
Thu Jul 30, 2015 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Release of Parental Financial Liability?
Replies: 20
Views: 2052

Re: Release of Parental Financial Liability?

What has not been stated is that a minor cannot legally enter into a contract and so can't own a car. A 16 year old can perhaps drive, but they can't own a car. An 18 year old, in most states can buy and own his own car. A friend of mine sold his car to a 17 year old who promptly wrecked it. My fri...
by dm200
Wed Jul 29, 2015 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Release of Parental Financial Liability?
Replies: 20
Views: 2052

Re: Release of Parental Financial Liability?

From when our son was at home, and a driver, a few years ago - I was advised/informed by our State Farm agent (as best I recall) that the lowest financial risk to my wife and I would be to have him be the owner of "his" car and have a policy in his name. Several advantages - 1. VERY reduce...
by dm200
Wed Jul 29, 2015 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Question on beneficiaries
Replies: 12
Views: 814

Re: Question on beneficiaries

Boy, I would be a little upset if I was your wife. I understand the intent, but you don't pay enough attention to accounts to change the name in the event you get divorced. The beneficiary designation sounds like you are planning on a divorce in the future. IMO, this is a gross overreaction. "...
by dm200
Tue Jul 28, 2015 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Handling Medical Expenses in Retirement
Replies: 18
Views: 1392

Re: Handling Medical Expenses in Retirement

My Medicare Cost (very much like Medicare Advantage) plan has an "out of pocket" maximum, so (for Medicare covered conditions) - there would not be the $1 Million (or $200,000) "hit" that I would need to worry about. With MA (or MC) plans - you do not (and cannot) purchase a supp...
by dm200
Tue Jul 28, 2015 6:14 pm
Forum: Personal Consumer Issues
Topic: Well water did not pass total coliform bacteria
Replies: 13
Views: 1433

Re: Well water did not pass total coliform bacteria

Hi: I just had a new well put in, it failed the total coliform bacteria (reading 89) the first time, so the well company sent someone to disinfect again with bleach, but it failed again (reading now 18). What else should I do? Thank you. I followed all instructions (leaving bleach in water overnigh...
by dm200
Tue Jul 28, 2015 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need Umbrella Insurance if my Assets < Liability Limits?
Replies: 14
Views: 1300

Re: Do I need Umbrella Insurance if my Assets < Liability Limits?

For a great many folks "CURRENT ASSETS" may not be the most significant risk of loss, but rather future earnings over, perhaps, decades of good income. An umbrella policy can protect those as well.
by dm200
Tue Jul 28, 2015 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Question on beneficiaries
Replies: 12
Views: 814

Re: Question on beneficiaries

Boy, I would be a little upset if I was your wife. I understand the intent, but you don't pay enough attention to accounts to change the name in the event you get divorced. The beneficiary designation sounds like you are planning on a divorce in the future. IMO, this is a gross overreaction. "...
by dm200
Fri Jul 24, 2015 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Doc changing last name
Replies: 23
Views: 3603

Re: Doc changing last name

My wife did the same thing, mostly because her maiden name is Hispanic sounding and most of her patients are not. She took my last name to appeal to the larger population that would be her patients. Criminey. Really? Where is this, Mississippi? No, rural Iowa and yes, prejudices are still around es...
by dm200
Fri Jul 24, 2015 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Doc changing last name
Replies: 23
Views: 3603

Re: Doc changing last name

Of course it's just speculation but one reason a women would probably want to change her name is if the current name she uses represents a different marriage. I had a manager once who changed her name when she got married. After the third marriage, and name change - she just kept the name she had f...
by dm200
Fri Jul 24, 2015 10:40 am
Forum: Personal Finance (Not Investing)
Topic: When and how is the expense ratio of mutual funds deducted?
Replies: 6
Views: 866

Re: Vanguard expense subsidies.

. Which leaves the question where does Vanguard get the money to provide the subsidies for their money-market funds? From previously retained capital or from other funds, since Vanguard supposedly does not make a profit. If from other funds, how is it allocated? In a way it would it seems like owne...
by dm200
Fri Jul 24, 2015 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Medical Bill Sent to Collections Instead of Insurance
Replies: 25
Views: 3019

Re: Medical Bill Sent to Collections Instead of Insurance

mhalley wrote:When I say no assets, I mean no significant assets. Sounds like there is a minimal amount of cash, a house and a car, but who knows if those are payed for.
Mike

I hardly would classify a house and car as "minimal" - and it is not clear how much was in the bank account(s).
by dm200
Wed Jul 22, 2015 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Bill Sent to Collections Instead of Insurance
Replies: 25
Views: 3019

Re: Medical Bill Sent to Collections Instead of Insurance

Op never posted amount owed. Whether the collections agency would pursue it depends on if we are talking thousands, tensof thousands or hundreds of thousands. But if there are no assets, it doesn't matter anyway. Mike BUT - according to the OP, there were assets at the time of death - just that suc...
by dm200
Tue Jul 21, 2015 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: One child: get a mortgage or rent the house?
Replies: 17
Views: 1070

Re: One child: get a mortgage or rent the house?

We have one son, married with a two year old. We would like to help them buy a house, as we can afford it and they are just throwing money away renting a house. We can also save them money on closing costs and PMI, and possibly get a better deal as the seller receives cash and the house we are look...
by dm200
Tue Jul 21, 2015 11:54 am
Forum: Personal Consumer Issues
Topic: Medical insurance policies ? ACA or the market ?
Replies: 28
Views: 1989

Re: Medical insurance policies ? ACA or the market ?

Since she qualified for a subsidy/credit, my wife enrolled in a plan using healthcare.gov at the beginning. What a frustrating mess!!! BUT, she finally was enrolled in the plan she wanted (same company as previously, but lower gross and net cost). She is billed monthly by the provider (Kaiser Perman...
by dm200
Tue Jul 21, 2015 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Medical Bill Sent to Collections Instead of Insurance
Replies: 25
Views: 3019

Re: Medical Bill Sent to Collections Instead of Insurance

Regarding the comments that money is still owed by the estate; there really was no estate and nothing went through probate. The house, cars, and bank accounts were jointly owned by the wife and as far as I can tell as long as she's alive no one can touch any of that. Am I wrong? I don't think it ma...
by dm200
Sat Jul 18, 2015 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Bill Sent to Collections Instead of Insurance
Replies: 25
Views: 3019

Re: Medical Bill Sent to Collections Instead of Insurance

Learned more. The bill was actually for procedures for her husband, who passed away last month. The bill is in his name. There was no probate/estate or anything since the wife had joint ownership of everything. Since they can't collect from a dead person should she just ignore this and let it resol...
by dm200
Sat Jul 18, 2015 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Gap Monthly Costs
Replies: 11
Views: 1224

Re: Medicare Gap Monthly Costs

OP said he's "Not in as good health" as DW......Medicare Advantage may not be a good solution for him with it's higher Out of Pocket.


Do you mean MA compared with Traditional medicare, OR Traditional medicare plus a supplement?
by dm200
Sat Jul 18, 2015 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Cashing a check on a business with no bank account
Replies: 18
Views: 1186

Re: Cashing a check on a business with no bank account

Better yet, do you have arrangements where you can just deposit the check with an app when you photo it with your iPhone? That's a time it is least likely for any human to eyeball all of the actual print. There would probably only be a problem IF the payor claimed there was some fraud involved (whi...
by dm200
Sat Jul 18, 2015 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Gap Monthly Costs
Replies: 11
Views: 1224

Re: Medicare Gap Monthly Costs

Depending on the area you live in, the plans available and your situations - I suggest evaluating Medicare Advantage (MA) and Medicare Cost (MC) plans. With these you do NOT (and cannot) purchase a supplement - so there is no separate evaluation of those costs. MA and the similar, but less common, M...
by dm200
Sat Jul 18, 2015 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Cashing a check on a business with no bank account
Replies: 18
Views: 1186

Re: Cashing a check on a business with no bank account

As far as using your own bank, your problem was that you tried to cash it and brought the discrepancy in names to the attention of the teller. I believe this is a case where it would have been a much better idea to NOT have asked about it and drawn attention to the "discrepancy". "Be...
by dm200
Sat Jul 18, 2015 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on medical bills
Replies: 12
Views: 1509

Re: Advice on medical bills

Hello. My husband is a huge fan of this forum and suggested I get advice from the "Bogelheads". I am 48 years old, and was diagnosed with breast cancer. Long story short, I opted to get major surgery due to my family history. While we have excellent insurance, our medical bills are high. ...
by dm200
Sat Jul 18, 2015 1:29 pm
Forum: Personal Consumer Issues
Topic: Is Medicare required when one has adequate retiree health insurance?
Replies: 22
Views: 1598

Re: Is Medicare required when one has adequate retiree health insurance?

Based on what has happened for many organizations/companies, changes/acquisitions/mergers can happen very quickly - and often without signs of problems/issues with a company/organization. In this case, IMO, being signed up for Medicare parts A and B is a very prudent step that may reduce risks of su...
by dm200
Fri Jul 17, 2015 7:53 pm
Forum: Personal Consumer Issues
Topic: Is Medicare required when one has adequate retiree health insurance?
Replies: 22
Views: 1598

Re: Is Medicare required when one has adequate retiree health insurance?

Whenever DH does retire, are we still required to sign up - and pay - for Medicare B [and possibly other types of medical coverage... "D", Medigap/etc.] even though we will have suitable medical coverage through employer, but as "retiree status"? it wouldn't make sense for a com...
by dm200
Fri Jul 17, 2015 6:03 pm
Forum: Personal Consumer Issues
Topic: Tipping in a buffet
Replies: 26
Views: 2818

Re: Tipping in a buffet

I used to be a very frequent customer at "all you can eat" buffets. What to tip is a part of the whole "tip" challeng/confusion. How much "work" the waiter/waitress does, IMO, varies both from one place to another and from one customer to another. My wife, correctly I b...
by dm200
Fri Jul 17, 2015 5:55 pm
Forum: Personal Consumer Issues
Topic: Is Medicare required when one has adequate retiree health insurance?
Replies: 22
Views: 1598

Re: Is Medicare required when one has adequate retiree health insurance?

As far as I know, there are absolutely no guarantees that this coverage will continue into the future. I believe that, at any time, the former employer could unilaterally terminate the benefit. If this is a private company, there is always the possibility of merger, going out of business, etc. A fri...
by dm200
Fri Jul 17, 2015 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Cashing a check on a business with no bank account
Replies: 18
Views: 1186

Re: Cashing a check on a business with no bank account

Since this is a very small amount AND it is legitimately yours, I would just try to slip it through a personal account at a bank or credit union. Maybe endorse the back with something that looks "official", shows deposit to the account of _____ (your name) and act no. Put it in an ATM or n...
by dm200
Fri Jul 17, 2015 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, need Medicare, but delaying Social Security
Replies: 20
Views: 1711

Re: Turning 65, need Medicare, but delaying Social Security

Thank you, all. This thread will be an incredible resource for me. It contains many things I absolutely did not know. I might remark that I am a minimal consumer of health care resources, so I have no idea how to play the system. My only regular medications are two cups of coffee in the morning, an...
by dm200
Fri Jul 17, 2015 3:47 pm
Forum: Personal Consumer Issues
Topic: Fish in the refrigerator
Replies: 25
Views: 3193

Re: Fish in the refrigerator

I noticed while shopping for camping food that fish now comes in foil pouches and not in cans. Is it possible to buy smaller portions cost-effectively, so that nothing needs to go in the fridge? Just open and prepare what you will eat in one meal? I have noticed that choice/alternative in the groce...
by dm200
Fri Jul 17, 2015 1:50 pm
Forum: Personal Consumer Issues
Topic: Fish in the refrigerator
Replies: 25
Views: 3193

Re: Fish in the refrigerator

Here is what I have done (time will tell the 'results'): Put the uneaten fish (canned tuna, mackerel, salmon) is a glass container (jar with lid or container with snap tight lid) inside an opaque plastic bag, and put several citrus rinds (grapefruit or orange) in the bag with the container. Put this...
by dm200
Fri Jul 17, 2015 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, need Medicare, but delaying Social Security
Replies: 20
Views: 1711

Re: Turning 65, need Medicare, but delaying Social Security

Leeraar, Congratulations on this next stage of your life! Most people find that qualifying for Medicare is liberating. The premiums can be more affordable and you are far less likely to be surprised by medical bills. Once someone begins taking social security benefit, his Medicare premium is deduct...
by dm200
Fri Jul 17, 2015 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, need Medicare, but delaying Social Security
Replies: 20
Views: 1711

Re: Turning 65, need Medicare, but delaying Social Security

I did that at 65, then filed for Soc Sec at age 66. Some local jurisdictions (perhaps states) offer information/advice about various Medicare plans/options/supplements available in that area. I did not use it, but my local county (in Virginia) has such an office and some folks I know found them help...
by dm200
Fri Jul 17, 2015 12:15 pm
Forum: Investing - Theory, News & General
Topic: Whatever happened to the advocates of CDs vs Bonds?
Replies: 58
Views: 5617

Re: Whatever happened to the advocates of CDs vs Bonds?

What about a CD augmented at all times with a sufficient amount of long bonds to account for the declining duration? I'm talking about VUSUX = LT Treasuries, or maybe even BLV = Long Term 50/50 to also account for the missing credit risk that TBM has? This does assume you have a supply of TBM to ex...
by dm200
Wed Jul 15, 2015 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Leasing vs buying
Replies: 10
Views: 997

Re: Leasing vs buying

An additional lease advantage, in some but not all states, is that you only pay sales tax on the lease payments, not the entire value of the car. If you keep the car at lease end, then you end up paying the rest of the sales tax. Ralph A leasing disadvantage, in some jurisdictions, is that there ma...
by dm200
Wed Jul 15, 2015 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Renegotiating Contract, selling our house
Replies: 18
Views: 1518

Re: Renegotiating Contract, selling our house

Unless you are under time pressure to sell the house, I think I would give the agent notice to terminate the listing. Then wait the time period set in the contract where the agent would get a commission. Then "show" the house to the friend(s) and make the sale.
by dm200
Tue Jul 14, 2015 1:38 pm
Forum: Personal Consumer Issues
Topic: Need 'secure' flash drive(s)
Replies: 15
Views: 1175

Re: Need 'secure' flash drive(s)

The lack of replies may be because your requirements are not clear. What do you mean by "protected". Are you concerned that the media will be unreadable if it is stolen or misplaced? Is this a transport issue (i.e. sending it by courier)? Encryption is available for any media, including y...

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