Search found 41 matches

Return to advanced search

Re: USAA to Geico for auto insurance?

Why don't you just call USAA and ask if they can price match the bid GEICO is offering? Me, when I retired and had time to research at length ways to save money since I was now on a fixed income. Since I already had GEICO insuring my car my call to them got me a huge discount since my annual mileage...
by swong
Fri Jul 12, 2013 6:24 am
 
Forum: Personal Finance (Not Investing)
Topic: USAA to Geico for auto insurance?
Replies: 19
Views: 3883

Re: National Grid & ConEd Smart Meters?

Hi Carlton, ConEd doesn't allow online meter reading entry instead whenever I miss the meter reader for that day they leave a unstamped postcard. I then have to manually fill out the postcard and walk it up to the mailbox. Do-able however since I am 2/3's already with smart meters I thought I would ...
by swong
Tue Jul 09, 2013 8:49 am
 
Forum: Personal Consumer Issues
Topic: National Grid & ConEd Smart Meters?
Replies: 11
Views: 1219

National Grid & ConEd Smart Meters?

Having seen the advantages of upgrading my old style gas meter to a National Grid Smart Meter I see further advantages to a electric meter upgrade. Best part is instead of having to wait at home a day each month for the gas meter reader to take my meter reading I get billed monthly versus bi-monthly...
by swong
Tue Jul 09, 2013 7:26 am
 
Forum: Personal Consumer Issues
Topic: National Grid & ConEd Smart Meters?
Replies: 11
Views: 1219

Re: 34yrs old, recently Laid Off and have a Pension. Lump su

Learning2invest, Whatever occurs just soldier on! When I was let go at the age of 61 I kind of saw it coming...nature of the business compounded by the 2007-2011 recession years. I am glad I was eligible for a traditional pension and have been getting my monthly annuity deposits on a joint and survi...
by swong
Fri Jun 14, 2013 8:02 am
 
Forum: Personal Finance (Not Investing)
Topic: 34yrs old, recently Laid Off and have a Pension. Lump sum?
Replies: 15
Views: 1782

Re: 34yrs old, recently Laid Off and have a Pension. Lump su

Learning2invest, Sorry to hear about your layoff but rest assured you are not alone as many others in the past few years have also undergone your very same dilemma. In answer to your question about taking a lump sum versus the other alternatives my advice is to see if you can leave your modest sum o...
by swong
Thu Jun 13, 2013 1:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: 34yrs old, recently Laid Off and have a Pension. Lump sum?
Replies: 15
Views: 1782

Re: Say Hello to a new Vanguard client!.....

Staythecourse! ... that's the reason why I opened the Vanguard account intent being to move some of my gains to something more stable. In this case anything versus the 6 favorites from which I grab a point or less. I am sure there are others doing the same thing as I and me being a worrier by nature...
by swong
Wed May 22, 2013 12:36 pm
 
Forum: Personal Finance (Not Investing)
Topic: Say Hello to a new Vanguard client!.....
Replies: 17
Views: 1742

Re: Say Hello to a new Vanguard client!.....

InvestorNewb,
Wife originally granted me $200k to play with in my discount brokerage account. I've been slowly adding to this each quarter moving income from my municipal bond account held by Wells Fargo
by swong
Wed May 22, 2013 8:34 am
 
Forum: Personal Finance (Not Investing)
Topic: Say Hello to a new Vanguard client!.....
Replies: 17
Views: 1742

Say Hello to a new Vanguard client!.....

Having just retired a few years back I now taken a more active involvement in all my investment/equity/IRA accounts. I should have been more involved when I was actively employed and I won't make any excuses which is why my 401k and traditional/Roth IRA's have not performed as spectacularly when com...
by swong
Wed May 22, 2013 8:05 am
 
Forum: Personal Finance (Not Investing)
Topic: Say Hello to a new Vanguard client!.....
Replies: 17
Views: 1742

Re: Poll: Annuities and your life

For those who may not know, many people like myself went with a annuity for a multitude of reasons. Someone may have hinted with interest rates so low it would not be a wise decision to consider a SPIA. This could not be further from the truth. Yes, interest rates are obscenely low however for many ...
by swong
Thu May 09, 2013 12:06 pm
 
Forum: Personal Finance (Not Investing)
Topic: Poll: Annuities and your life
Replies: 25
Views: 1354

Re: lumpsum/pension/non-qual annuity??

Everyone's financial situation is almost always unique and while some lean towards a pension others may not. My parents when they were alive always instilled upon us the fact that for every dollar we earned we should sock away a good portion of it for futre date. They were dirt poor having come into...
by swong
Mon May 06, 2013 8:13 am
 
Forum: Personal Finance (Not Investing)
Topic: lumpsum/pension/non-qual annuity??
Replies: 14
Views: 1165

Re: Saturday Night at the Retirement Movies

Thanks for sharing....way too many videos to digest in one sitting however I've saved the link to my favoites and will view each one
by swong
Sat May 04, 2013 6:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: Saturday Night at the Retirement Movies
Replies: 12
Views: 2227

Re: lumpsum/pension/non-qual annuity??

Evening Elena, From reading your first posting you situation is almost practically identical to mine with minor differences. I retired at 62 and just recently receiving monthly annuity deposits from MetLife purchased by my former employer. My company offered the higher of 3 options: a RIGP (retireme...
by swong
Fri May 03, 2013 6:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: lumpsum/pension/non-qual annuity??
Replies: 14
Views: 1165

Re: Bank mailed me letter, $5 fee starts in June, criminal.

When you really think about it there is no choice in NOT keeping your present checking account. It would be a royal PITA having to revise the routing and checking account number to all your accounts where you make recurring monthly payments. As someone else mentioned how on earth can you just keep $...
by swong
Tue Apr 30, 2013 1:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bank mailed me letter, $5 fee starts in June
Replies: 122
Views: 7176

Re: Bank mailed me letter, $5 fee starts in June, criminal.

I kind of find this particular posting humorous but there is seriousness in the person posting his/her concerns. Keep in mind the convenience of having a checking account has many advantages over a modest monthly fee some of which include the ability to have automatic monthly bill payments saving yo...
by swong
Tue Apr 30, 2013 8:22 am
 
Forum: Personal Finance (Not Investing)
Topic: Bank mailed me letter, $5 fee starts in June
Replies: 122
Views: 7176

Re: The Frontline Retirement Episode

This PBS Frontline documentary was another of many other well written expose' of the ugly part of financial planners, the mutual fund industry as a whole and how we must all be vigilent especially when we get our 1099's to verify stock churn, annual returns and loses. My suggestion is to forward the...
by swong
Sun Apr 28, 2013 10:39 am
 
Forum: Personal Finance (Not Investing)
Topic: The Frontline Retirement Episode
Replies: 16
Views: 1879

Re: Retiree in NYC with MetLife annuity pension

Been a municipal bond purchaser for over the last 35 years. They have allowed me to keep more of my hard earned money especially when I was actively working in NYC. Many of the issues I presently have are all maturing in 10 years or less however the really, really nice 5 percent bonds are either pre...
by swong
Mon Apr 22, 2013 2:42 pm
 
Forum: Personal Finance (Not Investing)
Topic: Retiree in NYC with MetLife annuity pension
Replies: 6
Views: 635

Retiree in NYC with MetLife annuity pension

Do any of the Bogleheads in this forum have either a MetLife or any annuity pension and live here in NYC? I ask this because having retired just last year and I just received my first MetLife annuity pension deposit. This is a company purchased Joint and Survivor annuity whereby I receive a monthly ...
by swong
Mon Apr 22, 2013 12:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: Retiree in NYC with MetLife annuity pension
Replies: 6
Views: 635

Re: How much do you spend in a week? (Mon-Sun)

very difficult providing exact numbers as each person is different. For me I have two car insurance payments due in each year, quarterly water/sewerage bills from the city, annual RE tax bill, annual house umbrella insurance payment, annual house insurance. Then comes the monthly bills such as telep...
by swong
Thu Feb 21, 2013 7:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: How much do you spend in a week? (Mon-Sun)
Replies: 50
Views: 3213

Re: Where to find 4% munis?

To make matters worse some of my 4% NYC paper has started being called. Up until last year I had over a 1/2 dozen NYC GO's yielding almost 5% and as of this morning I only have 2 of these issues left. Exacerbating matters, NYC has NOT issued any GO's in 2012 to be recollection. [Political comment re...
by swong
Wed Jan 16, 2013 12:25 pm
 
Forum: Investing - Theory, News & General
Topic: Where to find 4% munis?
Replies: 9
Views: 1320

Re: How do get payment from Craigslist if I need to ship.

Be afraid of CraigsList and avoid if you must. Unlike eBay where you must pay a commission to sell CraigsList does NOT making it a cesspool of some of the most horrible, horrible sellers and buyers. Has anyone read a news article a while back very dishonest buyers would express interest in high-end ...
by swong
Tue Jan 08, 2013 10:30 am
 
Forum: Personal Consumer Issues
Topic: How do get payment from Craigslist if I need to ship.
Replies: 53
Views: 2511

Re: Auto Insurance

Like many others, staying with any one insurer will not be of any benefit to you in the long run. As Ronald Regan once said......"...trust but always verify". After hurricane Sandy struct our area recently I reviewed our homeowners policy and decided it was time to increase coverage on the...
by swong
Tue Jan 08, 2013 8:54 am
 
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance
Replies: 11
Views: 1198

Re: If you're Retired, Please share how 2008 affected You.

Like many others I suffered huge loses in both my company 401k and personal IRA accounts. Exacerbating matters was the fact after almost working 38 years for the one company I was let go in early 2011 at the age of 61. Kind of saw this coming as this copier company has been mismanaged for the past 1...
by swong
Fri Jan 04, 2013 11:02 am
 
Forum: Investing - Help with Personal Investments
Topic: If you're Retired, Please share how 2008 affected You.
Replies: 30
Views: 2489

Re: Necessary Tools for the New Homeowner?

While Craftsman "was" at one time a very decent brand all of the Sears Craftsman hand tools are now made off shore. You've got to be very careful now at Sears. The very old Craftsman rachets used high quality castings and were very nice plated. Newer style ratchets are of the "closed ...
by swong
Thu Jan 03, 2013 4:11 pm
 
Forum: Personal Consumer Issues
Topic: Necessary Tools for the New Homeowner?
Replies: 71
Views: 1895

Re: Necessary Tools for the New Homeowner?

Flea markets, Craig'sList, eBay, and swap meets should be on your short list as you spend time on the web. In your post you neglected to mention what kind of home you pruchased...in the city?, out in the wood's? Huge difference in what you will need purchasing a new residence or a pre-owned starter ...
by swong
Thu Jan 03, 2013 3:34 pm
 
Forum: Personal Consumer Issues
Topic: Necessary Tools for the New Homeowner?
Replies: 71
Views: 1895

Re: Dishwasher Repair

jeffreyscott....location, location location! Cities like Los Angeles, New York City, San Francisco, etc are abnormally high cost when it comes to labor. I reside in NYC and while I am not thrilled with the added expense living here it does have advantages. Salaries for example are very attractive in...
by swong
Thu Dec 27, 2012 7:26 pm
 
Forum: Personal Consumer Issues
Topic: Dishwasher Repair
Replies: 15
Views: 1181

Re: Dishwasher Repair

I forgot to mention the fact labor is never cheap and typically is at minimum 1/2 the cost of any service call. I assume you are a home owner? If so repairpart.com will be your best friend...excellent web site offering help not to mention inexpensive repair parts. If you have any friends owning home...
by swong
Thu Dec 27, 2012 1:49 pm
 
Forum: Personal Consumer Issues
Topic: Dishwasher Repair
Replies: 15
Views: 1181

Re: Dishwasher Repair

The prices are more than fair and reasonable. If you were in the same line of business would you consider working for less? You mentioned he was a handyman (versus a service tech from a factory authorized repair facility) in which case you can negotiate prices but keep in mind you get what you pay f...
by swong
Thu Dec 27, 2012 1:44 pm
 
Forum: Personal Consumer Issues
Topic: Dishwasher Repair
Replies: 15
Views: 1181

Re: Does AARP really provide many benefits to Seniors?......

Unless you are planning and will book reservations I myself have not found it of any value even with the mailing of the AARP newpaper. Only time I would probably find it advantageous and beneficial is during a trip when you can flash the membership card for discounts on hotels, entertainment venues,...
by swong
Tue Dec 18, 2012 1:09 pm
 
Forum: Personal Consumer Issues
Topic: Does AARP really provide many benefits to Seniors?.......
Replies: 52
Views: 5952

Re: Muni Funds vs. Individual Munis via VG Brockerage

denismurf hit it squarely on the head with the statement that 55K will not enable you to get a decent sized portfolio of muni bonds but do not let this discourage you. Over 35 years ago I like yourself started my NYC muni bond portfolio with just a single purchase of 1 issue of NYC GO's. I recently ...
by swong
Fri Dec 14, 2012 9:42 am
 
Forum: Investing - Help with Personal Investments
Topic: Muni Funds vs. Individual Munis via VG Brockerage
Replies: 5
Views: 548

Re: 12 year old dryer is squeeking loudly. What to do?

Go to: http://forum.appliancepartspros.com/ and post your concern along with the make and model number. While you are there you can also visit their stocked parts suitable for your make and model. Me, I use them to keep up-to-date on issues then purchase parts via eBay which are a whole lot cheaper,...
by swong
Fri Dec 14, 2012 9:34 am
 
Forum: Personal Consumer Issues
Topic: 12 year old dryer is squeeking loudly. What to do?
Replies: 35
Views: 2838

Re: end of year layoff, can I retire?

GDM129, Like yourself I too was let go after working almost 38 years with this one corporation after being discharged from the service in late 1973. Been collecting unemployment benefits since March 2011 which is due to cease at the end of this year. Been unsuccessfully trying to find reemployment w...
by swong
Wed Dec 12, 2012 10:53 am
 
Forum: Personal Finance (Not Investing)
Topic: end of year layoff, can I retire?
Replies: 34
Views: 3837

Re: Homeowners Insurance in NYC after Sandy....

Hi BarbK...I noticed in another forum post how much Floridians pay for Ho insurance I was in shock. Some of the numbers quoted for HO insuirance in Florida would literally drive me into the poor house. I always thought Florida was less expensive to live in versus NYC but I guess not. I recently reti...
by swong
Wed Dec 12, 2012 10:09 am
 
Forum: Personal Finance (Not Investing)
Topic: Homeowners Insurance in NYC after Sandy....
Replies: 5
Views: 501

Re: help with social security calculations

According to the SS web site your entitlementgoes up roughly 6% for each year you delay starting at age 62. Multiply your age 62 entltlement my 1.06 to get your age 63 entitlement. Not sure if this is completely accurate but it will give you an idea how much more you will get for each year you delay...
by swong
Wed Dec 12, 2012 9:31 am
 
Forum: Personal Finance (Not Investing)
Topic: help with social security calculations
Replies: 3
Views: 272

Re: Homeowners Insurance in NYC after Sandy....

My home came out undamaged however I did lose two slate shingles on the front of the house. Reason I ask is it never hurts to review coverage annually which I have been putting off for years. It wasn't until one of my work associates who just so happens to live in Breezy Point finally responded back...
by swong
Wed Dec 12, 2012 9:27 am
 
Forum: Personal Finance (Not Investing)
Topic: Homeowners Insurance in NYC after Sandy....
Replies: 5
Views: 501

Homeowners Insurance in NYC after Sandy....

Been comparing premiums after hurricane Sandy's visit and finally took note of the hurricane addendum added to my State Farm homeowners policy. What concerns me is climate change is here to stay and in the tri-state area we have already had two (2) hundred year storms. Certain areas got hammered pre...
by swong
Wed Dec 12, 2012 7:17 am
 
Forum: Personal Finance (Not Investing)
Topic: Homeowners Insurance in NYC after Sandy....
Replies: 5
Views: 501

Re: Does wells fargo charge ACH debit fees ?

I have Wells Fargo for my major holdings and due to the fact all my family members use the same financial rep we are able to leverage our holdings to completely eliminate 90% of our fees and annual maintenance charges. Won't go into details, dollar amounts but yes, our whole family do NOT pay any fe...
by swong
Sun Dec 09, 2012 9:50 am
 
Forum: Personal Finance (Not Investing)
Topic: Does wells fargo charge ACH debit fees ?
Replies: 6
Views: 1255

Re: Losing Attractiveness Over Time

I simply cannot believe some f the posts especially this one in particular. Sort of detracts the primary reason why this forum was intended towards. If this is for strictly levity I guess it might be a refrain to take pause and reflect why there are reasons other than financial/money driving the maj...
by swong
Sun Dec 09, 2012 9:37 am
 
Forum: Personal Finance (Not Investing)
Topic: Losing Attractiveness Over Time
Replies: 105
Views: 8098

Re: 62nd Birthday - Anything to do re finances?

Keith, When I was forced into retiring at age 61 I collected almost a years worth of severance along simuntaneously collecting unemployment benefits which is not due to end until the very last week of this year. During this transition I moved all my 401k money and ESOP stock into a rollover IRA. I a...
by swong
Wed Dec 05, 2012 11:19 am
 
Forum: Investing - Help with Personal Investments
Topic: 62nd Birthday - Anything to do re finances?
Replies: 17
Views: 1170

Re: Help with retirement account currrent income

Likeyourself, I also am recently retired having been forced into this with some very polite "pushing" from my former employer. While working, I focused on triple tax free General Obligation Municipal Bonds along with contributions to a very modest IRA. Right now I am getting hammered badly...
by swong
Tue Dec 04, 2012 11:26 am
 
Forum: Investing - Help with Personal Investments
Topic: Help with retirement account currrent income
Replies: 10
Views: 692

Re: Any Advice for those of us hit by Sandy? [Damaged Home]

Please keep us all updated with your findings especially the good/bad/ugly as you traverse your next travails. While I as a homeowner in the NYC did not experience some of the horror stories my friends and work associates did also did not fare as well. One in particular "lived" in Breezy P...
by swong
Fri Nov 23, 2012 10:16 am
 
Forum: Personal Consumer Issues
Topic: Any Advice for those of us hit by Sandy? [Damaged Home]
Replies: 10
Views: 967

Re: Pre 65 Retirees - What % is your medical insurance going

Count your blessings as I just completed open enrollment for my pre-medicare retiree medical and dental benefits. In 2012 I was paying $245.67/month for retiree medical and dental coverage for me and spouse. Starting in January 2013 my monthly retiree premiums will increase to $567.48 for the same h...
by swong
Tue Nov 13, 2012 8:08 am
 
Forum: Personal Finance (Not Investing)
Topic: Pre 65 Retirees - What % is your medical insurance going up?
Replies: 12
Views: 1270

Return to advanced search