Search found 1559 matches

by prudent
Tue Jun 30, 2015 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Unknown phone calls
Replies: 39
Views: 2094

Re: Unknown phone calls

Just before leaving work today a call got transferred to me from the switchboard - a cold call from a broker in a nearby suburb who wanted to offer me some exciting investment opportunities. Thought about hanging up right then but decided to say I am a low-cost index fund investor who has a defined ...
by prudent
Tue Jun 30, 2015 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Obsessing towards zero balance on credit card.
Replies: 40
Views: 1671

Re: Obsessing towards zero balance on credit card.

We very rarely charge anything out of the ordinary so I never check in between statements. When the bill comes, I review the charges for any problems then I set up a payment for the full balance online. Never made a payment in the middle of the cycle even though I'm sure on vacation month it's dinge...
by prudent
Tue Jun 30, 2015 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Two Discover Cards - different interest rates?
Replies: 3
Views: 226

Re: Two Discover Cards - different interest rates?

Is it possible they are two different types of Discover cards? LIke a "More" and an "It"? I wouldn't be surprised if they have different guidelines for interest rates to balance profitability and rewards.
by prudent
Tue Jun 30, 2015 1:17 pm
Forum: Personal Consumer Issues
Topic: Will you pay to not have ads?
Replies: 19
Views: 1080

Re: Will you pay to not have ads?

I wouldn't pay for an ad-free version of a cable channel. I won't even pay for a DVR. The on-demand versions of many shows have almost no commercials (at least on my cable system), so that works well for me. Agree that AMC is very commercial heavy. My wife believes that they insert more commercial b...
by prudent
Tue Jun 30, 2015 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Using an Ally savings account from Vanguard
Replies: 12
Views: 1277

Re: Using an Ally savings account from Vanguard

Just clarifying that the limit is 6 withdrawals (transfers out will count). You can make all the deposits you want.

My banker friend tells me that in-person withdrawals and in-person transfers to other accounts don't count against the limit, but I haven't confirmed.
by prudent
Tue Jun 30, 2015 9:38 am
Forum: Personal Finance (Not Investing)
Topic: ATM Withdrawal
Replies: 15
Views: 854

Re: ATM Withdrawal

If changing banks isn't what you want to do, I would go to the bank, sit with a manager and see if they can figure something out. Maybe they have a different account type that won't charge fees (or will reimburse ATM fees imposed by other banks) and raise your ATM limit so you only need one transact...
by prudent
Tue Jun 30, 2015 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Unknown phone calls
Replies: 39
Views: 2094

Re: Unknown phone calls

My estimate based on the calls I get: 70% are illegal robocalls wanting to help you fix your credit. Always a different Caller ID (which can be spoofed) so you can't proactively block them. When asked they say they work for Cardholder Services or they are affiliated with Visa, MasterCard and AmEx. S...
by prudent
Mon Jun 29, 2015 1:35 pm
Forum: Personal Consumer Issues
Topic: Facebook Email Access on iPhone/iPad?
Replies: 4
Views: 245

Re: Facebook Email Access on iPhone/iPad?

If other people gave FB access to THEIR address books, would that explain it?
by prudent
Sun Jun 28, 2015 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: SS bennies
Replies: 23
Views: 3116

Re: SS bennies

Lafder wrote:I was not aware of 35 years of work being required to get SS ?


You only need 40 "credits" (10 years) of earnings to qualify for benefits, but the amount of the benefit is determined by the 35 highest earnings years (indexed).
by prudent
Sat Jun 27, 2015 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: SS bennies
Replies: 23
Views: 3116

Re: SS bennies

Lafder wrote:Why would it even be worth correcting a mistake in income from so many years ago?


Income from the mid-1980's would be multiplied around 2.6x to adjust for inflation.
by prudent
Sat Jun 27, 2015 2:56 pm
Forum: Personal Consumer Issues
Topic: Need to dispose tube TV in Pennsylvania. Township won't pick up.
Replies: 37
Views: 2884

Re: Need to dispose tube TV in Pennsylvania. Township won't pick up.

I'm pretty sure Best Buy accepts those for recycling at no charge. But you have to get it there.
by prudent
Fri Jun 26, 2015 7:50 pm
Forum: Personal Consumer Issues
Topic: Smart phone data usage
Replies: 49
Views: 3596

Re: Smart phone data usage

Streaming music and/or video is what eats up the data.
by prudent
Fri Jun 26, 2015 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Couples and money and compatibility
Replies: 38
Views: 3941

Re: Couples and money and compatibility

We started at Category 1. We're both very similar - grew up poor, never really longed for luxury items or lifestyle, try to be generous givers as well as healthy savers. And she doesn't even like to shop so impulse spending is near zero. We're at the point where we don't want any more "stuff&qu...
by prudent
Fri Jun 26, 2015 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Funds - Money Market vs Savings Acct?
Replies: 7
Views: 662

Re: Emergency Funds - Money Market vs Savings Acct?

There's a difference between a Money Market FUND (Fidelity/Vanguard) and a Money Market ACCOUNT at a bank or credit union.

Money Market ACCOUNTS don't have management fees. They do have a limit of 6 withdrawals a month.
by prudent
Fri Jun 26, 2015 5:52 am
Forum: Personal Consumer Issues
Topic: FatWin and Dealer "Challenge"
Replies: 6
Views: 624

Re: FatWin and Dealer "Challenge"

The odds are you'll get whatever the most trivial prize is and it's probably worth $10 at best. However, you don't know unless you go. The last promotional mailing like that I received had some fine print that essentially said the contest involves multiple dealerships. That drives the odds down even...
by prudent
Fri Jun 26, 2015 5:46 am
Forum: Personal Finance (Not Investing)
Topic: Homemaker denied credit card despite high household income
Replies: 40
Views: 4503

Re: Homemaker denied credit card despite high household income

Just out of curiosity, but why does she want a JCB card in particular, and not, say, Visa or AmEx? Last time I was in the market for a new card (but maybe things have changed since?), I got the impression that JCB is almost useless outside of Japan, and no better than Visa even inside Japan. I beli...
by prudent
Wed Jun 24, 2015 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security and Early Retirement?
Replies: 26
Views: 3860

Re: Social Security and Early Retirement?

I recommend checking every so often. You don't want to find out they missed crediting your earnings from 15 years ago when you might not be able to find documentation to get it corrected. First time I checked mine I saw they missed a whole year's earnings from 3 years previous. Got it fixed with a c...
by prudent
Tue Jun 23, 2015 5:54 am
Forum: Personal Finance (Not Investing)
Topic: Social Security and Early Retirement?
Replies: 26
Views: 3860

Re: Social Security and Early Retirement?

SS benefits are based on your highest 35 years of earnings, indexed for inflation. If you don't have 35 years of earnings, they use zero for the rest, as you said. You'd have to evaluate the actual impact on benefits on the SS site.
by prudent
Mon Jun 22, 2015 8:25 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday to Mel [Lindauer]
Replies: 36
Views: 2232

Re: Happy Birthday to Mel

Happy birthday to you, sir, with thanks for everything!
by prudent
Sun Jun 21, 2015 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: General financial plan direction?
Replies: 3
Views: 463

Re: General financial plan direction?

Welcome, pytheas2.0! My suggestion would be to put any surplus in the emergency fund for a while because $1K can disappear pretty fast in an emergency. Your 10.25% loan is certainly high interest, but because the loan balance isn't that huge, it's costing less than $500 a year in interest. So I'd su...
by prudent
Sun Jun 21, 2015 3:50 pm
Forum: Investing - Theory, News & General
Topic: Why do Bogleheads/BiggerPocketers think there is only one way?
Replies: 123
Views: 13304

Re: Why do Bogleheads/BiggerPocketers think there is only one way?

I have to limit my investing to what I know. I don't know anything about RE and am not willing to learn the hard way. Had a couple friends suffer badly with real estate and they are smarter than me. So I keep to the things I know. I think of a friend who makes a living buying and selling in an area ...
by prudent
Sat Jun 20, 2015 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Question regarding sharing an inheritance:
Replies: 19
Views: 2079

Re: Question regarding sharing an inheritance:

This would be my approach: 1. No ongoing handling/management/oversight of the money - give it to them lump sum, and done. Yes, that counts against the lifetime gift tax exclusion, but so be it. 2. Same amount to each person. 3. No idea how to determine the amount - you tried multiple times to find o...
by prudent
Thu Jun 18, 2015 11:53 am
Forum: Personal Consumer Issues
Topic: Gifting Money at Parties
Replies: 220
Views: 13501

Re: Gifting Money at Parties

Add me to the list of members who learned a lot from this thread. I sort of knew some cultures were big on cash gifts but not the keeping track of who gave what. The thread made me look back on past wedding gift-giving and I see that I am perhaps doing it backwards - we give more to low-budget weddi...
by prudent
Thu Jun 18, 2015 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Disregard
Replies: 12
Views: 969

Re: Play Devil's Advocate against Saving

The assumption implicit in the question is that saving = "miss a huge portion of their lives". Slippery slope. We live pretty much exactly how we want, and it happens to be a frugal lifestyle. We don't feel like we're missing anything. We could buy more expensive cars and a more expensive ...
by prudent
Thu Jun 18, 2015 5:50 am
Forum: Investing - Help with Personal Investments
Topic: Times changed - what next
Replies: 13
Views: 2075

Re: Times changed - what next

+1 to the caution of rethinking the effort required to meet reward criteria on 10 different RCAs. It would be like taking on a second job. I would also caution that some banks pull your credit to open accounts and if that's the case for many of the banks you plan to use for the RCAs, it could lower ...
by prudent
Wed Jun 17, 2015 7:22 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard's new Personal Advisor Services
Replies: 29
Views: 4895

Re: Vanguard's new Personal Advisor Services

Vanguard price cuts rattle the brokers who sell its funds : "It's scary to have Vanguard do this," said Bill Hayes, co-owner of Kingston, Massachusetts-based advisory firm Charles Carroll Financial Partners. " I have a lot of clients' money there, and I'll pull it in a heartbeat if t...
by prudent
Tue Jun 16, 2015 9:22 am
Forum: Personal Consumer Issues
Topic: Wedding Receiption
Replies: 38
Views: 4191

Re: Wedding Receiption

I also think it is a regional thing. Very typical here for receptions to have free soft drinks/beer/wine and no cash bar... unless the event is at a very fancy venue like a country club. Then people expect not to pay for anything, a full liquor cabinet available, and still grumble about having to ti...
by prudent
Mon Jun 15, 2015 1:40 pm
Forum: Forum Issues and Administration
Topic: Any way to highlight the original poster in a thread?
Replies: 12
Views: 3440

Re: Any way to highlight the original poster in a thread?

My cheesy workaround for this is to highlight/copy the line under the OP's name that starts with "Joined:" Then I paste that into the find search box in the browser. Not as elegant as having the posts highlighted, but it will let you jump from OP post to OP post on the page without having ...
by prudent
Mon Jun 15, 2015 6:35 am
Forum: Investing - Help with Personal Investments
Topic: Maxmyinterest.com Comment
Replies: 14
Views: 2297

Re: Maxmyinterest.com Comment

It looks to be similar to what CDARS does but for MM accounts. It claims to monitor MM rates and moves your money as needed to get the highest rates, without exceeding the FDIC limit at any one bank. Seems to focus on online banks. You can specify a lower limit (or higher). They charge 0.08% a year.
by prudent
Sat Jun 13, 2015 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Dealing with the fear: "Will we be eating cat food?"
Replies: 90
Views: 13710

Re: Will we be eating cat food?

It's easy for me to think like that, even when one does the math instead of just a gut feeling that it's not enough. Take all the assumptions you make in planning and dial them down to really pessimistic - inflation higher, economy in the dumper and investments tank, spending more than you thought a...
by prudent
Thu Jun 11, 2015 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Website
Replies: 6
Views: 721

Re: Vanguard Website

OK for me, Internet Explorer.

Went to vanguard.com page, then logged in, took me right to the accounts page. No issues.
by prudent
Thu Jun 11, 2015 8:47 am
Forum: Personal Consumer Issues
Topic: Spendthrift trust
Replies: 7
Views: 612

Re: Spendthrift trust

Take a read of Beyond the Grave, Revised and Updated Edition: The Right Way and the Wrong Way of Leaving Money to Your Children (and Others) by Jeffrey L. Condon. I don't know how I forgot to mention this great resource - should be mandatory reading for anyone making plans to leave an inheritance. ...
by prudent
Thu Jun 11, 2015 8:39 am
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?

From your post I sense that you really do want to move out. Therefore my advice is to move out! I don't think your family relationships will be as damaged as you fear unless you cut off regular contact. What if you go there for Sunday dinner each week or something like that? But don't buy a house as...
by prudent
Thu Jun 11, 2015 8:32 am
Forum: Personal Consumer Issues
Topic: Spendthrift trust
Replies: 7
Views: 612

Re: Spendthrift trust

A trustee (or co-trustees) would oversee the management of the trust - how the money is invested, handling distributions, and the need to file income tax returns while the trust is in existence. If a professional is hired for those duties, they will charge a fee. I don't know what it might cost to s...
by prudent
Wed Jun 10, 2015 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Karma
Replies: 16
Views: 2194

Re: Credit Karma

I use Credit karma and their fake FICO scores are pretty close to the real score (I know this b/c I compared the scores to our real scores when we shopped for mortgage). Caveat: that is true for some people but not all. Some have reported a difference of 70 points between FICO and CK (and between F...
by prudent
Tue Jun 09, 2015 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Offered Cancer Insurance at work, worth it?
Replies: 34
Views: 3075

Re: Offered Cancer Insurance at work, worth it?

8foot7 wrote:I do not think it makes sense to buy health insurance by the disease.


Agree!
by prudent
Tue Jun 09, 2015 9:29 am
Forum: Personal Consumer Issues
Topic: Advice for Boston trip
Replies: 24
Views: 1482

Re: Advice for Boston trip

If you do the Aquarium, get tickets in advance and go early. When we were there, the line just to buy tickets was about 20 minutes long and only about 25% of the ticket windows were open. I came to realize that was a method of throttling the crowd since it was jammed inside. And the wait to buy tick...
by prudent
Mon Jun 08, 2015 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Bank of America Corporation InterNotes??
Replies: 9
Views: 785

Re: Bank of America Corporation InterNotes??

They are 25 year bonds, non-callable. Senior unsecured notes. CUSIP 06050WHB4

Link to full prospectus: https://www.incapnet.com/Pages/Public/PublicWebsiteDocumentFetch.aspx?FileId=13ce8092-9a6e-4ae9-8fd8-c8425f356755
by prudent
Mon Jun 08, 2015 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: close friend found out how much I have - bad outcome
Replies: 92
Views: 9375

Re: close friend found out how much I have - bad outcome

Wow, that's awkward. As far as "backtracking", you can't put the toothpaste back in the tube. If you want to try to salvage the friendship, don't bring it up again and see if she lets it drop also. I would try to avoid any discussion about the topic because nothing good will come from it. ...
by prudent
Mon Jun 08, 2015 10:22 am
Forum: Investing - Help with Personal Investments
Topic: The final decision
Replies: 13
Views: 2284

Re: The final decision

( I love Vanguard but the fees to buy are high and Schwab funds are free to purchase using my PCRA. Cliff Could you please clarify. I wasn't aware that there were fees for buying at Vanguard. 1210 I suspect his PCRA charges the fees, not Vanguard. Our PCRA charges a fee to purchase Vanguard funds b...
by prudent
Mon Jun 08, 2015 6:58 am
Forum: Personal Consumer Issues
Topic: Frugal Extreme plus tax benefit?
Replies: 14
Views: 2239

Re: Frugal Extreme plus tax benefit?

I don't see how he can deduct FMV if that exceeds his cost. Is that allowed?
by prudent
Sun Jun 07, 2015 12:10 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

xystici wrote:
prudent wrote:Can I subtract EOC we have provided to others?

I am sure this is money you spent very well but for the purposes of the question, better not subtract it. Thanks.

OK, then 12% is my answer.
by prudent
Sun Jun 07, 2015 11:40 am
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

Can I subtract EOC we have provided to others?
by prudent
Thu Jun 04, 2015 7:42 am
Forum: Personal Finance (Not Investing)
Topic: no more complimentary CFP yearly consultation?
Replies: 20
Views: 2731

Re: no more complimentary CFP yearly consultation?

Site says Voyager Select clients can still consult a CFP if you have a "specific investment question".
by prudent
Wed Jun 03, 2015 2:10 pm
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 104
Views: 9700

Re: Free Windows 10 Upgrade, Yes or No?

How many times has MS had buggy updates that have caused people headaches? I manage a "fleet" of laptops for a volunteer organization. Been doing it since 2008. About 50 laptops (mixed manufacturers), 10 printers, 10 networks. I can't recall a single incident where the MS update caused a ...
by prudent
Wed Jun 03, 2015 12:46 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about becoming a financial adviser...but I need some guidance.
Replies: 37
Views: 4514

Re: I'm thinking about becoming a financial adviser...but I need some guidance.

Here's how the general public sees it: there are free planners, and there are planners that cost a fortune. The ones who "cost a fortune" are the fee-only advisors. The "free" ones are the ones who earn via commissions, front-end loads, referral fees, 12b-1 fees and AUM fees. How...
by prudent
Tue Jun 02, 2015 6:21 am
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 104
Views: 9700

Re: Free Windows 10 Upgrade, Yes or No?

FYI 6 Features Disappearing in Windows 10 (and How to Replace Them) http://www.pcmag.com/article2/0,2817,2485170,00.asp Ever Ready No "DVD playback"? What does that mean? I watch old tv programs via DVDs on my (shhh) XP system from time to time. Does no DVD playback mean DVDs don't work o...
by prudent
Mon Jun 01, 2015 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Math Junkies Enter....
Replies: 6
Views: 1062

Re: Math Junkies Enter....

Not proportional. The dividend went up 11.1%, while the compensation went up 16.7%
by prudent
Mon Jun 01, 2015 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Vaguard/Fidelity Siding with Insiders
Replies: 3
Views: 609

Re: Vaguard/Fidelity Siding with Insiders

Funny to see this topic today - just yesterday I watched an old movie "The Solid Gold Cadillac" which was about a small-time investor (Judy Holliday, slightly ditzy as in most of her roles) who innocently started some trouble at a company's annual meeting by questioning compensation of the...

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