Search found 3531 matches

Go to advanced search

by jsl11
Thu May 21, 2015 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: homeowner vacancy insurance - yikes
Replies: 18
Views: 1164

Re: homeowner vacancy insurance - yikes

We bought a new house back in November and our old house wasn't closing until January and our agent had mentioned vacancy insurance, I went back and found the email and here is the direct quote: When it is empty and on the market you should consider the vacancy endorsement because malicious mischie...
by jsl11
Tue May 19, 2015 12:27 am
Forum: Personal Finance (Not Investing)
Topic: QCD Security Problem at Vanguard
Replies: 8
Views: 988

Re: QCD Security Problem at Vanguard

However, the law providing for QCDs has not been renewed for this year. Hopefully, that will occur, but there is no assurance that it will.
by jsl11
Mon May 18, 2015 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Jobs for Retired Air Force (without degree)
Replies: 26
Views: 1554

Re: Jobs for Retired Air Force (without degree)

Every local fire department hires emergency medical technicians. This would seem to be a natural fit.
by jsl11
Mon May 18, 2015 6:24 pm
Forum: Personal Consumer Issues
Topic: IQ Elite Scam
Replies: 3
Views: 861

Re: IQ Elite Scam

Perhaps Thunderbird would work for you.
by jsl11
Sun May 17, 2015 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Newly retired couple are comfortable, but would like supplemental income
Replies: 6
Views: 1377

Re: Newly retired couple are comfortable, but would like supplemental income

Inexperienced investors may be more comfortable using mutual funds rather than ETFs. I would suggest that they hold these directly at Vanguard, unless there is some special reason not to. There are some complexities involved with buying and selling ETFs that would be avoided using funds.
by jsl11
Sat May 16, 2015 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover IRA: transfer cash Fidelity <->Vanguard
Replies: 4
Views: 316

Re: Rollover IRA: transfer cash Fidelity <->Vanguard

Any time you take money out of a traditional IRA, the custodian will consider it to be a taxable withdrawal and will issue a 1099. You will have to report this on your 1040 and then explain that it is not taxable because it is a rollover. Since this is not a trustee to trustee rollover, it seems you...
by jsl11
Sat May 16, 2015 11:59 am
Forum: Personal Consumer Issues
Topic: A/C Service Deals
Replies: 11
Views: 815

Re: A/C Service Deals

My complaint about my HVAC system (Carrier) is the lack of availability of a parts list. There is no parts list in the owner's manual and it is not available on line. However, I have found that when a part does need to be replaced, I have paid the service company a high price for the part. After the...
by jsl11
Fri May 15, 2015 12:47 pm
Forum: Personal Consumer Issues
Topic: Aren't we overdoing electronic auto safety features?
Replies: 148
Views: 6507

Re: Aren't we overdoing electronic auto safety features?

If you can reduce crashes, you do not only reduce your chances of being killed. You reduce your chances of being injured, having your car damaged, and causing death, injury and property damage to someone else. If you add the probabilities for all of these things, the numbers would look somewhat bett...
by jsl11
Fri May 15, 2015 12:36 pm
Forum: Personal Consumer Issues
Topic: Roof Replacement, upgrade or not?
Replies: 15
Views: 1093

Re: Roof Replacement, upgrade or not?

My HO insurance company has a list of "approved" hail resistant roof shingles. If you put those shingles on your house, you get a discount on your HO insurance. That could be a selling point when you decide to move.
by jsl11
Fri May 15, 2015 10:40 am
Forum: Personal Consumer Issues
Topic: Buying a New Construction Home - what do I need to consider
Replies: 14
Views: 1059

Re: Buying a New Construction Home - what do I need to consider

We seriously considered one new house and ended up buying another. The first builder had an attractive base price, but all upgrades were limited to those offered by the builder and were marked up substantially. So, we could not get some things we wanted, and those that were available were greatly ov...
by jsl11
Thu May 14, 2015 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Calculating Net Worth
Replies: 8
Views: 777

Re: Calculating Net Worth

The Planner wrote: What is the rationale for counting something like life insurance as part of your net worth?

You could convert these things to cash, if you wanted/needed to do so.
by jsl11
Tue May 12, 2015 7:05 pm
Forum: Personal Consumer Issues
Topic: I Hate Vacations
Replies: 113
Views: 9098

Re: I Hate Vacations

livesoft wrote:That's the point of vacation to me: No worries, no hassles, no need to be anywhere at anytime.

That sounds more like the definition of retirement. 8-)
by jsl11
Tue May 12, 2015 4:16 pm
Forum: Personal Consumer Issues
Topic: Questions on securing house during vacation
Replies: 11
Views: 770

Re: Questions on securing house during vacation

Turn off all the water in the house while you are away. After you turn off the water, open hot and cold faucets to relieve the pressure in the lines. Then close the faucets so you do not have to remember to close them when you turn the water on when you return. It is also a good idea to turn down th...
by jsl11
Tue May 12, 2015 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Dealing With the Mind Shift
Replies: 8
Views: 875

Re: Dealing With the Mind Shift

She will have a "nice pension" and you will have your earnings until you retire and then social security. So, it is likely that you will have most of your expenses covered by cash flow. To help with spending your savings, create a conservative budget, such as 2% or 3% of your savings annua...
by jsl11
Tue May 12, 2015 11:04 am
Forum: Personal Consumer Issues
Topic: What are potential drawback of pay-per-mile insurance?
Replies: 10
Views: 892

Re: What are potential drawback of pay-per-mile insurance?

My State Farm renewal notice specifies how the vehicle is used. It says "To work, School or Pleasure Driven 7,500 miles or less annually." They never ask about any changes to that. I told them my usage was decreased when I retired (no commuting) and it has been that way since.
by jsl11
Mon May 11, 2015 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Cards are Good
Replies: 46
Views: 4075

Re: Credit Cards are Good

It's a complete misnomer to teach people that credit cards are bad. There are so many benefits to using credit cards over using cash. 1. If you get robbed, they won't get any cash since you don't carry any 2. It's so much easier to track your spending when you put everything on a credit card 3. You...
by jsl11
Mon May 11, 2015 12:33 pm
Forum: Personal Consumer Issues
Topic: dishwasher service plan
Replies: 18
Views: 960

Re: dishwasher service plan

We had an unusual situation regarding extended warranties. When we remodeled our kitchen in our previous home, about 20 years ago, we bought a Kitchenaid oven and dishwasher. Of course, we were offered the standard warranty extensions on both items, and we declined the offers. However, when we had t...
by jsl11
Mon May 11, 2015 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Help With A Co-Worker's Capital Gains Dilemma
Replies: 7
Views: 607

Re: Help With A Co-Worker's Capital Gains Dilemma

If he wants to make any charitable donations, he should give shares of appreciated stock instead of cash. He can deduct the market value of the shares he donates (if he itemizes), and avoid the capital gains taxes. The charities, being tax exempt, can then sell the shares to get the cash without pay...
by jsl11
Mon May 11, 2015 12:27 am
Forum: Personal Consumer Issues
Topic: Bought a brand new house - what next?
Replies: 17
Views: 2049

Re: Bought a brand new house - what next?

Check the furnace filters. They may be clogged with construction dust.
by jsl11
Sat May 09, 2015 4:04 pm
Forum: Investing - Theory, News & General
Topic: Active vs. passive in more niche markets
Replies: 58
Views: 2427

Re: Active vs. passive in more niche markets

It's easy to pick an active fund that has beaten the index in the past. Picking one that will beat the index in the future is much more difficult. You also need to make sure that the benchmark is appropriate for the fund being discussed. If they are really confident that their fund will beat the ind...
by jsl11
Fri May 08, 2015 11:15 am
Forum: Personal Consumer Issues
Topic: dishwasher service plan
Replies: 18
Views: 960

Re: dishwasher service plan

Our Kitchenaid dishwasher was fine for the first 8 years. We have repaired it twice. The first repair was a normal wearout of a seal that caused the pump to fail. The second one, not too long after the first, was when the door latch broke. This was something that should not have happened. If we knew...
by jsl11
Thu May 07, 2015 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: Question surrounding a lump-sum of money that I will acquire this week:
Replies: 4
Views: 846

Re: Question surrounding a lump-sum of money that I will acquire this week:

I would not consider the stock market for any money I planned to need within 5 years (some people suggest 10 years). Some good choices are CDs, high interest savings account, or a short term high quality bond fund.
by jsl11
Thu May 07, 2015 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Stable Value Funds ~ cash? if so, increase duration?
Replies: 7
Views: 786

Re: Stable Value Funds ~ cash? if so, increase duration?

If I had a guaranteed 4% stable value fund, I would increase that holding substantially. 4% is a very good return for fixed income especially when it is guaranteed. Long term bonds will have the largest capital loss if/when interest rates increase compared to shorter bonds. I have no wish to buy lon...
by jsl11
Thu May 07, 2015 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: 401(k) Trustee
Replies: 5
Views: 483

Re: 401(k) Trustee

Ask them to show you a list of available funds complete with expense ratios. Also have them provide a list of all fees that would apply to both the employer and employees. If they say you can have any funds you want, make a trial list and ask them to provide the costs for that. This should go a long...
by jsl11
Thu May 07, 2015 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Do Updates to Home Increase Market Value?
Replies: 32
Views: 2159

Re: Do Updates to Home Increase Market Value?

Some updates make help your home sell faster. Do you get more? Rarely. What's the difference between a 5 year old kitchen, a 10 year old kitchen, and a 20 year old kitchen, all in good condition? Not much. They all look dated. How about the brand new kitchen you just did? Only helps if the buyer li...
by jsl11
Thu May 07, 2015 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Do Updates to Home Increase Market Value?
Replies: 32
Views: 2159

Re: Do Updates to Home Increase Market Value?

You might want to try another real estate agent/agency. In my experience, many, perhaps most, real estate agents are not very good at their jobs.
by jsl11
Tue May 05, 2015 11:22 am
Forum: Personal Consumer Issues
Topic: Looking to Retire in Cleveland
Replies: 32
Views: 2485

Re: Looking to Retire in Cleveland

Local taxes in NE Ohio fall into two categories; income tax and real estate tax. Income taxes apply only to "earned income", and therefore will not be a concern when you are retired. The biggest component of real estate taxes are school taxes, and these vary considerably depending on the l...
by jsl11
Mon May 04, 2015 4:03 pm
Forum: Personal Consumer Issues
Topic: Looking to Retire in Cleveland
Replies: 32
Views: 2485

Re: Looking to Retire in Cleveland

My wife and I are also retired and living in the Cleveland area. The first thing about Cleveland to be aware of is that it has a lot of suburbs, and the character of these suburbs vary considerably. Most of the nicer residential areas are in the suburbs. The suburbs range from an "inner city&qu...
by jsl11
Sun May 03, 2015 9:53 pm
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 194
Views: 8389

Re: Forum software upgrade bug reports and change requests

A new problem has arisen. Now, when I click on "view your posts", everything shows up as unread, even the threads that were read a long time ago.
by jsl11
Sun May 03, 2015 2:15 pm
Forum: Personal Consumer Issues
Topic: Raining Insurance Bills
Replies: 13
Views: 1029

Re: Raining Insurance Bills

If you just pay the renewal notices when they arrive, you will eliminate 80% of the mail from State Farm.
by jsl11
Sun May 03, 2015 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Financial Advisor
Replies: 14
Views: 1085

Re: Financial Advisor

Ask this "advisor" how he would be paid to provide this advice. The honest answer would be that he gets commissions on your purchases. That really means he is a salesman and not an advisor. You may have seen recent news about our federal government trying to make stock brokers (advisors) h...
by jsl11
Sun May 03, 2015 11:07 am
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 194
Views: 8389

Re: Forum software upgrade bug reports and change requests

When I click on "view your posts", it shows which threads have new posts added since the last time I saw them, as it is supposed to. However, when I view one of those threads, and then use the back button to go back to the list, it still shows that thread as having new posts, even though I...
by jsl11
Fri May 01, 2015 12:38 pm
Forum: Personal Consumer Issues
Topic: Oh Hail! [fix hard to see hail damage to car?]
Replies: 24
Views: 1615

Re: Oh Hail!

I had the same thing happen. The hail dents were barely noticeable. I kept the insurance money. When I traded the car in some years later, the dealer inspected the car and did not even notice the dents.
by jsl11
Thu Apr 30, 2015 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Humbly Seeking Guidance
Replies: 11
Views: 990

Re: Humbly Seeking Guidance

It depends on what you want to invest in. If you want a general purpose brokerage, others have indicated a preference for Schwab. I have no experience with them. If you want Vanguard funds, Vanguard is the best place for those. I am a long time Vanguard client and have been very pleased.
by jsl11
Thu Apr 30, 2015 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance Disparity
Replies: 9
Views: 616

Re: Auto Insurance Disparity

Insurance rates are set by a complicated system. My auto policy has discounts for "multiple line", "multicar", "accident free", and "annual mileage". Those discounts, added together, are more than the net premium. Then there are differences in driving record, ...
by jsl11
Wed Apr 29, 2015 7:43 pm
Forum: Personal Consumer Issues
Topic: New car every 5 years instead of 10?
Replies: 129
Views: 9834

Re: New car every 5 years instead of 10?

The Wizard wrote:Its not all about saving.
Let's assume the OP is a zillionaire.
Why would someone with a huge nest egg worry about savings a few thousand $$?
I'd worry more about reliability and performance...

If the OP were a zillionaire, he/she would not be mentioning the cost of a battery and tires.
by jsl11
Wed Apr 29, 2015 7:42 pm
Forum: Personal Consumer Issues
Topic: New car every 5 years instead of 10?
Replies: 129
Views: 9834

Re: New car every 5 years instead of 10?

If you own a reliable make, such as Toyota or Honda, you do not need to be so concerned when it is no longer in warranty. The few repairs you can expect to encounter will cost much less than depreciation on a newer vehicle.
by jsl11
Wed Apr 29, 2015 11:09 am
Forum: Personal Consumer Issues
Topic: What do you tip a valet?
Replies: 54
Views: 3972

Re: What do you tip a valet?

My car does not have a trunk lock that requires a key. The "valet key" will prevent access to the glove box, but there is no way to lock the trunk if I give access to the inside of the car. So, if I let a valet park my car, I cannot protect the contents of the trunk against theft, and I do...
by jsl11
Wed Apr 29, 2015 10:51 am
Forum: Investing - Help with Personal Investments
Topic: IRA with stable value fund
Replies: 2
Views: 289

Re: IRA with stable value fund

You can get longer CDs that pay about 2% or a little more. These CDs would be longer term, such as 5 years or so. Short term CDs generally pay less. You would have to shop for the best rates. CDs can be obtained directly from a bank, S&L, or a credit union. Brokered CDs can be obtained through V...
by jsl11
Tue Apr 28, 2015 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Trust fund
Replies: 17
Views: 898

Re: Trust fund

FCM wrote:The minimum for a trust managed by Vanguard is $500K, not $5M.

And if the trust is managed elsewhere, the Vanguard minimum account size can be as low as $1000.
by jsl11
Tue Apr 28, 2015 11:12 am
Forum: Personal Consumer Issues
Topic: Getting the stink out of running clothes
Replies: 34
Views: 2232

Re: Getting the stink out of running clothes

We have found that Whisk detergent is very good for keeping underwear white. It might work for odors as well.
by jsl11
Mon Apr 27, 2015 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Displeased with Fidelity Cash / BNY Mellon- debit card theft
Replies: 13
Views: 1337

Re: Displeased with Fidelity Cash / BNY Mellon- debit card t

It's for reasons like this that I much prefer a brick and mortar bank. If I have any questions or problems, I just go down the street and talk to the branch manager or his assistant. Both of them greet me by name when I walk in.
by jsl11
Mon Apr 27, 2015 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: Lousy 401k question
Replies: 27
Views: 1970

Re: Lousy 401k question

I'm not sure if you know this. With bond funds, low interest rates are good. When interest rates rise, bond funds go down. Why would you want a fund in a 401k to go down? This makes no sense. I guess I wasn't clear. I've seen some misunderstanding with people not investing in bond funds because int...
by jsl11
Sun Apr 26, 2015 12:54 pm
Forum: Personal Consumer Issues
Topic: Car Accident - Honda Civic for Replacement?
Replies: 13
Views: 1266

Re: Car Accident - Honda Civic for Replacement?

I would suggest test driving both a Civic and a Corolla. Buy the one you like best or can get for the best deal. Either would be a good choice.
by jsl11
Fri Apr 24, 2015 12:39 am
Forum: Personal Finance (Not Investing)
Topic: Advice For Buying A House From A Big-Box Builder
Replies: 11
Views: 1869

Re: Advise For Buying A House From A Big-Box Builder

Find out the cost of any upgrades you will want to add. Our builder let us add upgrades at his cost. Another builder we considered had big markups on the upgrades. Also, pay attention to what upgrades are available. Our builder let us upgrade anything we wanted in any way we wanted. The other builde...
by jsl11
Wed Apr 22, 2015 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance: 5/5 ARM or 30-year fixed?
Replies: 5
Views: 454

Re: Refinance: 5/5 ARM or 30-year fixed?

If you are planning to stay in the house more than 5 years, I would choose the 30 year fixed. Rates are very low now, and you have no assurance how long they will stay that way.
by jsl11
Wed Apr 22, 2015 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Should I paint the house next door?
Replies: 17
Views: 2297

Re: Should I paint the house next door?

Your city building codes may require them to maintain the property properly. Contact your local building department to find out what can be done.
by jsl11
Wed Apr 22, 2015 2:10 pm
Forum: Personal Consumer Issues
Topic: Reducing Monthly Costs
Replies: 29
Views: 2440

Re: Reducing Monthly Costs

Bank fees and credit card fees can often be reduced or even eliminated.
by jsl11
Tue Apr 21, 2015 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: 403b Management Fees
Replies: 2
Views: 245

Re: 403b Management Fees

Snuffycuts99 wrote:This is on top of the mutual fund company fee, which would be low of course with Fidelity.

Only certain Fidelity funds have low fees. Be sure you check the fees on any fund you are interested in to make sure the fees actually are low.

Go to advanced search