Search found 596 matches

by Gnirk
Thu Mar 30, 2017 1:13 am
Forum: Investing - Help with Personal Investments
Topic: starting a roth IRA with Ameriprise
Replies: 7
Views: 311

Re: starting a roth IRA with Ameriprise

I wouldn't invest money with Ameriprise. I did 25 years ago because the financial advisor was a friend. BIG MISTAKE!!! This was long before I learned anything about investing, or found this forum. Their fees are high, most of their mutual funds have either a front- end load or a back end load, and c...
by Gnirk
Wed Mar 29, 2017 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Mother's Identity Stolen? Need help with next steps!
Replies: 6
Views: 441

Re: Mother's Identity Stolen? Need help with next steps!

How awful! I hope you can get to the bottom of this soon. I think for anyone dealing with a cognitively impaired person that you should place a credit freeze, if at all possible. I was so afraid that mom's identity would be stolen when she had cognitive impairment (not yet Alzheimer's) that I placed...
by Gnirk
Tue Mar 28, 2017 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter maxed out credit cards, needs help from me
Replies: 92
Views: 4211

Re: Daughter maxed out credit cards, needs help from me

This sounds familiar! When my daughter was 23, about a year out of college, and making minimum wage in Seattle because she couldn't find a job in her field, she was in the same boat. She was supporting herself, and I lived 65 miles away, so living at home wasn't an option . My first thought was to t...
by Gnirk
Tue Mar 28, 2017 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Non-traded REIT - Analyzing how horrible, and trying to get out
Replies: 30
Views: 2155

Re: Non-traded REIT - Analyzing how horrible, and trying to get out

Did the FA work for a larger firm or was he solo? If your grandmother was cognitively impaired, he was obviously taking advantage of that. Report him to his firm's compliance division. Those were most likely not appropriate investments for her situation.
by Gnirk
Sun Mar 26, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: how to pay for mother's dementia care...retirement accts versus other investments
Replies: 12
Views: 1226

Re: how to pay for mother's dementia care...retirement accts versus other investments

When we were faced with the uncomfortable and very difficult decision to find memory care for my widowed mother, I met with a geriatric consultant who evaluated my mom. He suggested that a large memory care facility wasn't the right fit for her, and a small care home which specialized in Alzheimer's...
by Gnirk
Sat Mar 25, 2017 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Travel insurance
Replies: 7
Views: 473

Re: Travel insurance

I've used Tripinsurancestore.com. As previously mentioned, you can call and talk to them if you wish. I would at least get the medical and medical evacuation insurance. You can compare policies/ coverages on the website.
by Gnirk
Fri Mar 24, 2017 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Divesting to heirs. When and how quickly.
Replies: 45
Views: 4141

Re: Divesting to heirs. When and how quickly.

My late mother gifted the maximum allowed without triggering a gift tax return, to each of her adult grandchildren for 8 years, with the understanding that they would spend 10%, fully fund a Roth IRA, and put the remainder into an emergency fund or offset increased 401K contribution depending upon t...
by Gnirk
Sun Mar 19, 2017 10:34 pm
Forum: Personal Consumer Issues
Topic: carpet beetles (varied carpet beetle)
Replies: 11
Views: 889

Re: carpet beetles (varied carpet beetle)

I would love to know if an exterminator can get rid of them. We've had them in our house almost since it was built. It seems they had been in the rental my husband lived in while the current house was being built, and hitchiked in some of his clothes. They eat just about any kind of fabric, but espe...
by Gnirk
Sat Mar 18, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: rewriting will
Replies: 17
Views: 1098

Re: rewriting will

A daughter is a daughter all her life, a son is a son until he gets a wife. Dan999 Sad, but often true. I've seen that countless times, even within our own families. And it's not because the sons' families haven't been welcoming. Using the threat of unequal inheritance won't help the situation, IMH...
by Gnirk
Fri Mar 10, 2017 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance from trust as a trustee
Replies: 2
Views: 254

Re: Inheritance from trust as a trustee

Yes. i was trustee and beneficiary of my mother's living trust, and received stepped-up basis.
by Gnirk
Fri Mar 10, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Total Annual Expenses
Replies: 57
Views: 3915

Re: Total Annual Expenses

Our total expenditures in 2016 were $115,000 not including income taxes. We are retired, no debt. We have expenses for our primary residence, and our snowbird home. We enjoy travel, DH golfs, and we are helping to pay for granddaughter's college education at a private university ( though 2/3 is cove...
by Gnirk
Sat Mar 04, 2017 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!
Replies: 68
Views: 7584

Re: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!

Wow...no taxes with $100,000 income! Sounds great, but not something I can figure out. Retired couple with his and hers SS, a small pension, RMDs from our T-IRAs, and no debt, no mortgage, no dependents, and not enough deductions to itemize. Oh, well. Some of us will just have to pay taxes, so we ca...
by Gnirk
Tue Feb 28, 2017 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Financial implications of paying for elderly mother' care facility
Replies: 6
Views: 728

Re: Financial implications of paying for elderly mother' care facility

You may be able to claim her as a dependent. Also, some or all of the cost of board and care may be considered Long Term Care, and can be deducted as a medical expense. Check with a good CPA.
by Gnirk
Fri Feb 24, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Selling inherited stocks question, cost basis??
Replies: 10
Views: 739

Re: Selling inherited stocks question, cost basis??

The funds/ stocks I inherited from my mother show the cost basis as the value on the date of her death, not the date they were transferred to my name.
by Gnirk
Fri Feb 17, 2017 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: What Do You Keep In Your Bank Safe Deposit Box?
Replies: 66
Views: 7158

Re: What Do You Keep In Your Bank Safe Deposit Box?

Fine jewelry, deed to cemetery plots, paper EE and I bonds. DH keeps auto titles, our wills, and other papers in safe at home.
by Gnirk
Fri Feb 10, 2017 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Payment Method for Private Used Car Sale
Replies: 43
Views: 2435

Re: Payment Method for Private Used Car Sale

When my DH bought a used car from a private party, he met the seller at the seller's bank. My D H paid by check, and the seller had his bank call our bank and verify funds.
by Gnirk
Fri Feb 10, 2017 8:47 pm
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 15488

Re: Why do you go to restaurants?

cheese_breath wrote:So someone else can do the cooking and after dinner cleanup.

:thumbsup :thumbsup :thumbsup
by Gnirk
Sun Feb 05, 2017 1:46 am
Forum: Personal Finance (Not Investing)
Topic: Banking ATM card with no international ATM fees and foreign exchange fees
Replies: 15
Views: 1069

Re: Banking ATM card with no international ATM fees and foreign exchange fees

I opened a CapitalOne 360 on-line checking account before my trip to France last fall. No ATM charges (I used BNP Paribas ATMs in Paris and Avignon). I was relieved to see the ATM display change from French to English after I inserted my card. No foreign transaction fees. I just transferred more tha...
by Gnirk
Wed Feb 01, 2017 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Spendthrift Daughter
Replies: 44
Views: 3411

Re: Spendthrift Daughter

I understand your concerns, as a dear friend has a spendthrift daughter as well. She leaves 50% of her estate to child 1, who is very good at handling money. She leaves 30% of her estate to the spendthrift child inside a spendthrift trust where she receives only the income from the trust, and she le...
by Gnirk
Tue Jan 31, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Small stock holding at ComputerShare
Replies: 12
Views: 1023

Re: Small stock holding at ComputerShare

I transferred several small (less than 100 shares each) holdings from Computershare to Vanguard last year. No cost.
by Gnirk
Mon Jan 30, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my MIL figure out her holdings (Success! at least mostly)
Replies: 47
Views: 3975

Re: Helping my MIL figure out her holdings (no idea where)

AT&T, Alcatel, and Lucent are all essentially the same thing since they have been bought, sold, divested, merged, acquired, split over the years. So it sounds legit and what someone who owned Ma Bell shares a long time ago might end up with today. Yes, Ma Bell spun off into the baby Bells, some...
by Gnirk
Thu Jan 26, 2017 3:10 am
Forum: Investing - Theory, News & General
Topic: Dow hits 20,000. What next? Share your strategy
Replies: 107
Views: 9173

Re: Dow hits 20,000. What next? Share your strategy

I've been retired for ten years. I'm comfortable with maintaining my 35% stocks, 60% bonds, 5% cash. 90% of my portfolio is in taxable, and I know I'm not willing to take more risk.
by Gnirk
Sun Jan 22, 2017 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Do you check your credit reports annually?
Replies: 48
Views: 2899

Re: Do you check your credit reports annually?

Yes. A different one every four months. Errors have been a second (transposed) SS number, and a business address which was reported as a residence.
by Gnirk
Sat Jan 21, 2017 9:03 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2548
Views: 655908

Re: What Movie Have You Recently Watched?

The Founder. About Ray Kroc. Came away really disliking the slime ball.
by Gnirk
Thu Jan 19, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Help converting individual bonds to bond fund(s)
Replies: 4
Views: 357

Re: Help converting individual bonds to bond fund(s)

I, too, have individual Municipal bonds in my Vanguard account. All are high quality and pay 5% or more, tax and AMT-free. However, as they are called, or mature, I re-invest the proceeds into Vanguard's Intermediate-term Tax-exempt Bond Fund.
by Gnirk
Tue Jan 10, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for asset protection for 70+yr old inlaws, one with advancing dementia
Replies: 13
Views: 1144

Re: Advice for asset protection for 70+yr old inlaws, one with advancing dementia

Do your FIL & MIL have signed Durable Power of Attorney for each other? If so, are they immediate or "springing"? Perhaps your wife can help your MIL to document all of his erratic behavior, as well as poor financial decisions. Once this is done, and continues to be documented, perhaps...
by Gnirk
Mon Jan 09, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Question re: Inherited tIRA RMD tules
Replies: 3
Views: 432

Re: Question re: Inherited tIRA RMD tules

I was the named beneficiary on mom's IRA account.

The account is registered with Vanguard as follows:
My Name
BENEF My Mother's Name

Thank you.
by Gnirk
Mon Jan 09, 2017 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Question re: Inherited tIRA RMD tules
Replies: 3
Views: 432

Question re: Inherited tIRA RMD tules

I am 72, and began taking my own RMD's in 2015. My mom passed away at the age of 90 in July, 2015. She had already taken her 2015 RMD. I was the beneficiary on her tIRA. It was transferred to me as an inherited IRA. The account was at Chase bank. I took my RMD for 2016 in April, then transferred the...
by Gnirk
Wed Jan 04, 2017 10:48 pm
Forum: Personal Consumer Issues
Topic: What is the most inexpensive way to learn driving in Seattle?
Replies: 14
Views: 1082

Re: What is the most inexpensive way to learn driving in Seattle?

I would invest in a good driving school, if you want to get your driver's license. You might call AAA of Washington and see if they have any recommendations. I grew up in Seattle, and learned to drive there, but that was 50 years ago, and traffic wasn't anything like it is now. I dread driving in Se...
by Gnirk
Fri Dec 30, 2016 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Help Parents Again?
Replies: 63
Views: 4784

Re: Help Parents Again?

OP, you have received a lot of info here. Personally, I think this is a case for "tough love" and letting your parents be responsible for themselves. It won't be easy, just like tough love isn't easy for a parent dealing with a child. As my mom once told me, it's much harder to say "n...
by Gnirk
Sat Dec 24, 2016 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: how to distribute assets to beneficiaries by percentages
Replies: 8
Views: 814

Re: how to distribute assets to beneficiaries by percentages

My husband has his estate divided equally among his son and daughter's families, but because of circumstances he leaves 50% of his estate to his son (who has a wife and two children), 30% to his daughter, and 10% to each of his daughter's two children.
by Gnirk
Fri Dec 23, 2016 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: How do states that do not have income state taxes survive
Replies: 25
Views: 2152

Re: How do states that do not have income state taxes survive

Washington has a business tax which gets embedded in the cost of goods and services. Going out to eat here is quite a bit more expensive than, for example, in Michigan or Texas. If you have a high income, it is still generally more lucrative to live in a low- or no-income tax state. We in Washingto...
by Gnirk
Sun Dec 11, 2016 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Finding lost assets
Replies: 21
Views: 1939

Re: Finding lost assets

First of all, I'm truly sorry about the situation your SIL is in. If her father had a formal diagnosis of dementia before he married his caregiver, it might be that the marriage was not legal. Also, who had Durable Power of Attorney for him, if anyone? Someone had to be making decisions for him, and...
by Gnirk
Sun Dec 11, 2016 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else have trouble freezing their credit?
Replies: 6
Views: 724

Re: Anyone else have trouble freezing their credit?

I don't know where you live, but in Washington State, your Credit Freeze is free if you are over 65. Maybe check your State Attorney General's website to see if your state has the same offer. You do have to pay to unfreeze it, however.
by Gnirk
Sat Dec 03, 2016 2:18 am
Forum: Personal Finance (Not Investing)
Topic: "E-E bonds" or "Double E bonds" ?
Replies: 8
Views: 1094

Re: "E-E bonds" or "Double E bonds" ?

I say "Double E" bonds. But I type EE Bonds.
by Gnirk
Thu Dec 01, 2016 7:53 pm
Forum: Personal Consumer Issues
Topic: Should I buy a new car for safety's sake?
Replies: 152
Views: 6986

Re: Should I buy a new car for safety's sake?

What??? You're in Central Oregon, and you don't drive a Subaru??? :twisted:
Sorry, couldn't resist. However, they are all-wheel drive, and the new ones have great safety features. My brother has owned three Subarus, driving each nearly 300,000 miles. And he loves the safety features on his new one.
by Gnirk
Thu Dec 01, 2016 7:42 pm
Forum: Personal Consumer Issues
Topic: Money and Phone Abroad
Replies: 23
Views: 2032

Re: Money and Phone Abroad

I opened a CapOne360 online checking account (debit/ATM card) before my recent trip to Europe. No ATM or foreign transaction fees! I transferred more than enough funds from my Ally account to the CapOne360 before I left so I wouldn't run short in an emergency. Used my Alaska Airlines B of A Visa as ...
by Gnirk
Wed Nov 16, 2016 5:46 pm
Forum: Personal Consumer Issues
Topic: Building new house - central vacuum worth it?
Replies: 52
Views: 11831

Re: Building new house - central vacuum worth it?

We've had our home for 22 years, and it has a central vac. If I had it to do over, I wouldn't have it. Even though e keep a " sock" on the hose, dragging the hose against baseboard corners is hard on the paint. And no matter how careful, it still happens. I find it more difficult, physical...
by Gnirk
Tue Nov 15, 2016 8:02 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2548
Views: 655908

Re: What Movie Have You Recently Watched?

ruralavalon wrote:Topper Returns, with Joan Blondell, Carole Landis, Roland Young, and Billie Burke.

This is a classic comedy/mystery, involving murder and a ghost in an old seaside mansion. It's free with Amazon Prime.

Love the Topper movies! Also enjoyed the tv show.
by Gnirk
Tue Nov 15, 2016 7:59 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2548
Views: 655908

Re: What Movie Have You Recently Watched?

We took advantage of cheap Tuesday ( $5.75) and saw The Accountant. We go to the movies once or twice a year.
by Gnirk
Tue Nov 15, 2016 6:40 pm
Forum: Investing - Theory, News & General
Topic: Muni bonds are getting killed. Are you bailing out?
Replies: 88
Views: 13592

Re: Muni bonds are getting killed. Are you bailing out?

No, I'm not bailing out of my muni funds. They are part of my IPS/ asset allocation, so I plan to stay the course, and ride this roller-coaster.
by Gnirk
Tue Nov 15, 2016 12:57 am
Forum: Personal Finance (Not Investing)
Topic: Costco Visa foreign transaction fee
Replies: 37
Views: 6015

Re: Costco Visa foreign transaction fee

Well I'm going to give it a try based on the replies- will charge the deposit for the trip and see what happens.... If i get charged the fee then I will pay the balance with my HSBC premier mastercard which I know doesn't charge fees. So I went ahead and charged the deposit yesterday which was for ...
by Gnirk
Wed Nov 02, 2016 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance Question for the Retired
Replies: 27
Views: 3639

Re: Personal Finance Question for the Retired

We have been retired for ten years. I'm 72, DH is 77. Our over-all spending is about the same, but the amount spent in certain categories is different. For example, we no longer have transportation costs (car usage, gas, maintenance) for our daily commute to our business 45 miles each way. Nor do we...
by Gnirk
Wed Oct 19, 2016 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Costco Visa foreign transaction fee
Replies: 37
Views: 6015

Re: Costco Visa foreign transaction fee

I called Citi regarding foreign transaction fees before my recent trip to Europe, and was told they charge 3%, so I used my CapitalOne Adventure card instead. For ATM withdrawals, I opened a CapOne 360 debit card ("checking"), and funded it with more than enough cash for the trip. It has n...
by Gnirk
Tue Sep 27, 2016 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Why Is a Vanguard Internal Transfer Taking Almost Two Months?
Replies: 10
Views: 1574

Re: Why Is a Vanguard Internal Transfer Taking Almost Two Months?

It took Vanguard over two months, when my mom passed away, to transfer the funds in-kind to the named beneficiaries, my brother and I. I was her DPOA while she was alive and took care of her Vanguard accounts, and I was the personal representative of her estate, so it's not like Vanguard was unfamil...
by Gnirk
Tue Sep 27, 2016 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: How it really feels to have investments during a bear market?
Replies: 74
Views: 6703

Re: How it really feels to have investments during a bear market?

The market tanked the year after we retired. (How's that for timing??) The majority of our retirement funds consisted of everything saved/invested--husband owned his own retail business-- and to watch 75% of our retirement funds disappear was the scariest thing ever, financially. And we weren't even...
by Gnirk
Tue Sep 20, 2016 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance Plan Help
Replies: 19
Views: 2113

Re: Inheritance Plan Help

Assuming that your spouse predeceases you, there is the chance that she may remarry, and circumstances will change. For that reason, I would specify a percentage of the estate go to your daughter upon your death, with the remaining going to your wife. And vice-versa. I personally know of two instanc...
by Gnirk
Sun Sep 18, 2016 2:51 pm
Forum: Personal Consumer Issues
Topic: More on Scouting Retirement Locations
Replies: 35
Views: 3239

Re: More on Scouting Retirement Locations

I think it depends upon whether or not you like to be around water: lakes, ocean, etc. We live in the PNW, and I've grown up around lakes and Puget Sound. To get away from our wet, sometimes dreary winters, we bought a snowbird home in the La Quinta/Palm Desert area of California. It's a small home ...
by Gnirk
Sun Sep 18, 2016 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Spouses Asset Allocation Separate?
Replies: 10
Views: 1077

Re: Spouses Asset Allocation Separate?

If your other finances are joint, then I would view yours and your spouses retirement accounts and taxable accounts as one, for asset allocation. My DH and I keep all of our finances separate (second marriage with each having adult children) so we each have our own asset allocation according to our ...
by Gnirk
Sat Sep 17, 2016 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Anyone Have Experience w/ PenFed ACH?
Replies: 4
Views: 427

Re: Anyone Have Experience w/ PenFed ACH?

I have my PenFed account tied to my Ally savings account. When a CD matures, and I'm not going to open a new one, I have Ally pull from PenFed.

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