Search found 7416 matches

by dm200
Sat Aug 29, 2015 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 25
Views: 774

Re: Charatable trust after death

As I pointed out above, you can accomplish every objective you've mentioned with a donor advised fund. Talk with them about it. Gill Vanguardcharitable.org or fidelitycharitable.org Gill Absolutely - sounds like a fit for a Donor Advised Fund! Depending on the circumstances, you could set this up n...
by dm200
Fri Aug 28, 2015 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Prime Money Market
Replies: 28
Views: 4531

Re: Vanguard Prime Money Market

Does this mean that the rest of Vanguard is no longer "subsidizing" this MM Fund?
by dm200
Wed Aug 26, 2015 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Any minimum income for Obamacare subsidies?
Replies: 30
Views: 1588

Re: Any minimum income for Obamacare subsidies?

I'm currently on Obamacare. with subsidies, i pay $60/month for the Silver plan. i haven't worked so far in 2015. What happens if i don't work for all of 2015? ie: since income = $0, will i be forced to move to Medicaid? i live in VA. I also live in Virginia. As best I understand, you must have a m...
by dm200
Mon Aug 24, 2015 7:02 pm
Forum: Personal Consumer Issues
Topic: Auto purchase offer from local dealer
Replies: 14
Views: 1045

Re: Auto purchase offer from local dealer

They want to get you, in person, at the dealership to put the "hard sell" on you to sell you a new car.
by dm200
Sun Aug 23, 2015 9:44 am
Forum: Investing - Theory, News & General
Topic: Creating a permanent legacy?
Replies: 53
Views: 5675

Re: Creating a permanent legacy?

While they cannot be used for distributions to individuals, a Donor Advised Fund (such as Fidelity or Vanguard) can be set up to fund "charities" (including religious organizations/institutions) indefinitely. Successor "advisors" can be set up and passed down through subsequent g...
by dm200
Sun Aug 23, 2015 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Policy options for Large Group health ins policy
Replies: 16
Views: 923

Re: Policy options for Large Group health ins policy

In some areas, HMOs - such as Kaiser - offer among the lowest cost plans (taking into account premiums, copays and deductibles). Are any of such plans available in your area? My impression is that most people/families do not want high deductible type policies (even if they "make sense", lo...
by dm200
Fri Aug 21, 2015 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: Brokered CDs - 2 interesting things
Replies: 10
Views: 1004

Re: Brokered CDs - 2 interesting things

I don't think so because this is an "organization" and these 1% deals are usually individual persons only. These funds are laddered, managed and monitored to provide for liquidity that we expect in coming months and years. They're not really "deals"--they're just the standard ra...
by dm200
Fri Aug 21, 2015 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Brokered CDs - 2 interesting things
Replies: 10
Views: 1004

Re: Brokered CDs - 2 interesting things

So there's a reason you can't use an online savings account and earn about 1% as your "overnight" rate? One-month at 0.4% is great though, compared to MM or Treasury at close to 0%. But last time I bought a really short-term brokered CD as a substitute for cash, I ended up wanting/needing...
by dm200
Fri Aug 21, 2015 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Charitable
Replies: 44
Views: 2636

Re: Fidelity Charitable

While that may be true, YOUR great cause may not be MY great cause. Not looking to start a big fight, but since a few people have pushed back against my comment... Any cause has multiple organizations which further that cause, whether it be educational, environmental, medical, religious, internatio...
by dm200
Fri Aug 21, 2015 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Ever negotiated an off cycle raise?
Replies: 17
Views: 1844

Re: Ever negotiated an off cycle raise?

Over the years - I have had some successful and some not successful experiences with pay increases. One success was with a very large (and bureaucratic) US Corporation many years ago. I had no idea what my coworkers were paid, but during the first number of months there I did not hear even a peep of...
by dm200
Fri Aug 21, 2015 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Brokered CDs - 2 interesting things
Replies: 10
Views: 1004

Re: Brokered CDs - 2 interesting things

As best I understand, when the same CD is offered by a bank by multiple brokerages, the rates/terms/etc. are identical. One great thing I like about Vanguard brokerage (probably true if Fidelity) is that no broker (=salesperson) is constantly phoning (or emailing) all the time with alleged good deal...
by dm200
Thu Aug 20, 2015 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Brokered CDs - 2 interesting things
Replies: 10
Views: 1004

Brokered CDs - 2 interesting things

In managing funds, etc. for an organization, we make great use of Vanguard Brokered CDs - mostly new issues with terms from one month to five years, weighted more toward the short end. Although I only make purchases a few times a month, I look at and track the offering rates of various terms almost ...
by dm200
Thu Aug 20, 2015 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Ever negotiated an off cycle raise?
Replies: 17
Views: 1844

Re: Ever negotiated an off cycle raise?

Curious if anybody has ever negotiated for an off cycle raise. I'm pretty happy with my job, but feel like I might be slightly under compensated. My company does a big annual review cycle and then occasional mid year promotions and increases. I did not receive a mid year increase. My hope is to be ...
by dm200
Thu Aug 20, 2015 11:52 am
Forum: Personal Consumer Issues
Topic: Manhattan Hotels that offer two single beds in a room. Need to book.
Replies: 13
Views: 1220

Re: Manhattan Hotels that offer two single beds in a room. Need to book.

Don't know about Manhattan, but some hotels have rooms with one bed and a pullout bed in the couch.
by dm200
Wed Aug 19, 2015 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Charitable
Replies: 44
Views: 2636

Re: Fidelity Charitable

As an aside, I'm personally not a fan of using DAFs to push off making donations decades into the future. There are too many great causes that need help now--why wait? While that may be true, YOUR great cause may not be MY great cause. The majority of the funds in our DAF go to support several init...
by dm200
Wed Aug 19, 2015 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: loan for a dental practice
Replies: 17
Views: 1581

Re: loan for a dental practice

There are some credit unions that are now doing "Member Business Loans", so I suggest considering a credit union for such a loan.
by dm200
Tue Aug 18, 2015 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Charitable
Replies: 44
Views: 2636

Re: Fidelity Charitable

As often discussed, there are many benefits of using a Donor Advised Fund. One significant actual or potential benefit (depending on the specifics) is long term funding of a good and deserving organization that you wish to fund over a period of years with a chunk of funds (perhaps appreciated stock ...
by dm200
Mon Aug 17, 2015 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Charitable
Replies: 44
Views: 2636

Re: Fidelity Charitable

My wife and I have an account at Fidelity - DAF. Absolutely wonderful!!! We are using it for ongoing (many years, we hope) funding of various destinations and causes (mostly recurring). I believe you can make a "grant request" for as little as $50. You can donate anonymously, if you wish, ...
by dm200
Mon Aug 17, 2015 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: E-Loan CDs paying 2.45% any experiences?
Replies: 9
Views: 1039

Re: E-Loan CDs paying 2.45% any experiences?

Vanguard has Brokered CDs available at a rate of 2.40% for a term of five years (FDIC Insured Issuing Bank).
by dm200
Mon Aug 17, 2015 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Confused about Community Property
Replies: 15
Views: 1775

Re: Confused about Community Property

Several private messages reminded me that it's possible to hold community property as joint tenants with right of survivorship in at least some community property states, including California and Washington. Of course, if you hold property as joint tenants with right of survivorship, regardless of ...
by dm200
Sat Aug 15, 2015 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Confused about Community Property
Replies: 15
Views: 1775

Re: Confused about Community Property

Wills are a horrible tool to transfer assets at death because they need to be probated which takes time and money and makes you deal with impacted court systems. I'd talk with an estate attorney about the better options. I do not agree. Based on the estate planning my wife and I did with an experie...
by dm200
Fri Aug 14, 2015 5:51 pm
Forum: Personal Consumer Issues
Topic: Cheap drugs! [Switching to generic]
Replies: 26
Views: 2144

Re: Cheap drugs! [Switching to generic]

It is also the case for a few prescription drugs (I take one of those) where there are not exact generic equivalents (not sure I have the terminology 100% correct) so you need to be careful (as does your physician) to not switch (or be switched) from one 'brand' to another without your physician bei...
by dm200
Fri Aug 14, 2015 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: structured settlement for minor in car accident
Replies: 9
Views: 1072

Re: structured settlement for minor in car accident

Hi everyone, I am about to reach a settlement for a car accident in CA last fall in which we sustained injuries. The settlement is expected to be over $5K for my 5 year old daughter, which in CA will be tied up in the courts and have to go into a low-interest bank account or some insurance annuity/...
by dm200
Fri Aug 14, 2015 4:25 pm
Forum: Personal Consumer Issues
Topic: Cheap drugs! [Switching to generic]
Replies: 26
Views: 2144

Re: Cheap drugs! [Switching to generic]

The doctor is giving a drug would you rather get the 10 year old one or the new one that tests better? Only way for a doc to learn is from either educational seminar or a drug rep pushing them. Of course you can debate how much better some of these drugs are. A drug rep pushing the newer, much more...
by dm200
Fri Aug 14, 2015 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Car Insurance Claim
Replies: 6
Views: 548

Re: Car Insurance Claim

Hi Bogleheads, On Wednesday I was involved in a car accident where someone turned left from a small street (with a stop sign) and hit me as I was traveling in my lane on the larger cross street (no stop sign). I was probably going about 30mph and she about 20mph- she really gunned it from the stop ...
by dm200
Fri Aug 14, 2015 2:47 pm
Forum: Personal Consumer Issues
Topic: Cheap drugs! [Switching to generic]
Replies: 26
Views: 2144

Re: Cheap drugs! [Switching to generic]

Thanks again for sharing dm200. Keep up the good work... because you're absolutely right, fewer is better! Grapefruit eh? Sounds like one of your drugs was the same one I'm talking about ... :) :beerCheers, packet I find the whole "process" (very common) of these drug company reps that vi...
by dm200
Fri Aug 14, 2015 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage experts: Need some advice
Replies: 21
Views: 1559

Re: Mortgage experts: Need some advice

Just "seat of the pants" calculation, but it seems to me that you should be able to handle this with one income down the road. What I suggest you do and not do: 1. Do NOT pay anything extra on principal of the mortgage. Doing this will not have any cash flow benefit until decades have pass...
by dm200
Thu Aug 13, 2015 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: Expense Ratio is Only For Gains?
Replies: 14
Views: 1435

Re: Expense Ratio is Only For Gains?

Yes - I agree that, in almost all cases, the expense ratio is deducted each day - as several have posted. I am pretty sure, though, there is (or may be an "accounting twist" - that does not affect the concept of the daily expense ratio - where fund expenses are netted out of dividend dist...
by dm200
Thu Aug 13, 2015 9:11 pm
Forum: Personal Consumer Issues
Topic: Cheap drugs! [Switching to generic]
Replies: 26
Views: 2144

Re: Cheap drugs!

there are sites like goodrx.com where you can significantly reduce costs.... Thanks! I checked it out... nice site. ... "lifestyle" changes...down to ONE prescription drug .... Thanks for posting dm200... and nicely done! I will admit... were I to make some lifestyle changes I would likel...
by dm200
Thu Aug 13, 2015 1:13 pm
Forum: Personal Consumer Issues
Topic: Cheap drugs! [Switching to generic]
Replies: 26
Views: 2144

Re: Cheap drugs!

This whole topic is quite interesting, and can be VERY significant - both financially and health/medical. There is an interaction/relationship (sometimes complex) of prescribing physician knowledge, insurance company policies/practices and drug companies policy/pricing/products. All these change all...
by dm200
Thu Aug 13, 2015 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Help evaluate! Federal Government employment vs. Private sector
Replies: 49
Views: 3224

Re: Help evaluate! Federal Government employment vs. Private sector

A possible factor in taking the federal government job, depending on the nature of the position, is that it might make you more "valuable" a few years along in the private sector. This seems especially true in highly regulated industries/businesses that will pay very well to get folks who ...
by dm200
Wed Aug 12, 2015 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Expense Ratio is Only For Gains?
Replies: 14
Views: 1435

Re: Expense Ratio is Only For Gains?

Yes - I agree that, in almost all cases, the expense ratio is deducted each day - as several have posted. I am pretty sure, though, there is (or may be an "accounting twist" - that does not affect the concept of the daily expense ratio - where fund expenses are netted out of dividend distr...
by dm200
Wed Aug 12, 2015 4:22 pm
Forum: Personal Consumer Issues
Topic: Using stamps - getting the amount correct with new stamps?
Replies: 13
Views: 1421

Re: Using stamps - getting the amount correct with new stamps?

According to the USPS the "extra ounce" and other new stamps work the same way as the other "Forever" stamps and "will always be equal in value to the applicable price for the price category printed on them at the time of use": https://about.usps.com/news/national-rele...
by dm200
Wed Aug 12, 2015 3:59 pm
Forum: Personal Consumer Issues
Topic: "If your bank knew you did this they'd freak!"
Replies: 22
Views: 5681

Re: "If your bank knew you did this they'd freak!"

Well there are a couple MORE things I don't need to know urgently enough to click 1. That weird trick to get rid of belly fat 2. What exactly Ron Paul is afraid of. OR: "Become fit with 5 minutes a day exercise!" "Eat anything you want and lose weight!" :sharebeer :sharebeer
by dm200
Wed Aug 12, 2015 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Prime Money Market
Replies: 28
Views: 4531

Re: Vanguard Prime Money Market

If you use Vanguard Brokerage Services then you must have a MM fund sweep account. No way to use a higher yielding NCUA or FDIC backed account for that. We have no choice.
by dm200
Tue Aug 11, 2015 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Prime Money Market
Replies: 28
Views: 4531

Re: Vanguard Prime Money Market

John151 wrote:The SEC yield on Vanguard's Prime Money Market Fund has risen from 0.01% to 0.02%. I'm trying to decide what to do with the extra income!


The way I calculate - that is a 100% INCREASE in yield!!!
by dm200
Tue Aug 11, 2015 9:34 pm
Forum: Personal Consumer Issues
Topic: Using stamps - getting the amount correct with new stamps?
Replies: 13
Views: 1421

Re: Using stamps - getting the amount correct with new stamps?

I buy different values of postage online, and I can always put exact postage on whatever I am mailing. If it calls $1.18, no problem. My trusty postal scale and bag of stamps can handle it. I receive mail occasionally with probably 5-10 times the postage the weight calls for. I also have supplies f...
by dm200
Tue Aug 11, 2015 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Stubborn family members...take a look at this one!
Replies: 20
Views: 2765

Re: Stubborn family members...take a look at this one!

Say one or two sentences about the "approach" you are using, and why. Then - shut up - and "agree to disagree". IMO, you are just wasting your time, and will just cause them to dig in deeper. PLUS - they will be angry at you and blame you for any and everything. I would bet money...
by dm200
Tue Aug 11, 2015 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Your First Job
Replies: 113
Views: 6237

Re: Your First Job

I grew up on a family farm - so I did a lot of "work" (mostly unpaid, part of being in the family) from driving the farm truck (from about age 6) through the tomato field while truck being loaded, or through the field of baled hay. Picking tomatoes, hoeing tomatoes, cabbage, etc. My first ...
by dm200
Tue Aug 11, 2015 4:03 pm
Forum: Personal Consumer Issues
Topic: Using stamps - getting the amount correct with new stamps?
Replies: 13
Views: 1421

Using stamps - getting the amount correct with new stamps?

I think I understand how this is supposed to work, but want to make sure - sure seems cumbersome and a pain .. In addition to first class letter (1 oz.) postage stamps all being "Forever", it seems that almost all newly issued USPS postage stamps now do not have the amount printed on them....
by dm200
Tue Aug 11, 2015 3:54 pm
Forum: Personal Consumer Issues
Topic: Where to hike late October-mid November??
Replies: 33
Views: 1894

Re: Where to hike late October-mid November??

Yosemite, in California.
by dm200
Mon Aug 10, 2015 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Chase asking for liquid net worth, total net worth...
Replies: 46
Views: 6061

Re: Chase asking for liquid net worth, total net worth...

My philosophy is that that they can ask any question they want, and I can give any answer I want. I am not under oath. I would be careful with intentionally providing false or incorrect information. If the financial institution was, or became, aware that false information was provided - that could ...
by dm200
Mon Aug 10, 2015 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Help evaluate! Federal Government employment vs. Private sector
Replies: 49
Views: 3224

Re: Help evaluate! Federal Government employment vs. Private sector

I know many federal employees - and a few that are in the higher pay/classification being described here - and in that category, those employees commonly actually do work long hours.
by dm200
Mon Aug 10, 2015 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Chase asking for liquid net worth, total net worth...
Replies: 46
Views: 6061

Re: Chase asking for liquid net worth, total net worth...

My philosophy is that that they can ask any question they want, and I can give any answer I want. I am not under oath. I would be careful with intentionally providing false or incorrect information. If the financial institution was, or became, aware that false information was provided - that could ...
by dm200
Sun Aug 09, 2015 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Former Housemate Owes Money - What to do?
Replies: 97
Views: 5971

Re: Former Housemate Owes Money - What to do?

For that amount of money - and the circumstances/nature of the unpaid expenses - I doubt you can actually take any action that would be financially a net gain. Years ago, when I was the "primary" person handling rent and expenses for a shared house, I opened a separate checking account (in...
by dm200
Sun Aug 09, 2015 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Chase asking for liquid net worth, total net worth...
Replies: 46
Views: 6061

Re: Chase asking for liquid net worth, total net worth...

Since you are not a customer I do not see how "know your customer" rules apply. I would tell them it is none of their business. They are probably collecting information for marketing purposes. I will repeat: Also, for those "quibbling" about who is or is not a "Customer&quo...
by dm200
Sat Aug 08, 2015 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Help with Sale of Grandmother's Home
Replies: 15
Views: 1306

Re: Help with Sale of Grandmother's Home

YES - the POA terminates on the death of the grantor.
by dm200
Sat Aug 08, 2015 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Chase asking for liquid net worth, total net worth...
Replies: 46
Views: 6061

Re: Chase asking for liquid net worth, total net worth...

It has nothing to do with marketing and it's actually a pain in the neck for financial institutions. That wasn't what I said. How do you know they are not using the information for marketing purposes, regardless of the intent of the law? Relevant acts: Bank Secrecy Act of 1970 Money Laundering Cont...
by dm200
Fri Aug 07, 2015 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Chase asking for liquid net worth, total net worth...
Replies: 46
Views: 6061

Re: Chase asking for liquid net worth, total net worth...

Yes - this is standard "know your customer" information. The good news is that you don't have to answer the questions; the bad news is that they won't open the account. Bear in mind that you (and anyone else that opens a financial account) will get a look per the PATRIOT Act. I think this...
by dm200
Thu Aug 06, 2015 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Chase asking for liquid net worth, total net worth...
Replies: 46
Views: 6061

Re: Chase asking for liquid net worth, total net worth...

I am in the financial institution business and it is definitely the case that federal government statutes, regulations and regulators are pressing financial institutions to "Know Your Customer". So, it may be correct that "government regulations require" this. The interpretation,...

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