Search found 413 matches

by KlingKlang
Tue Sep 19, 2017 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Online Bill Pay Security: Push or Pull?
Replies: 82
Views: 2502

Re: Online Bill Pay Security: Push or Pull?

I'm 100% 'push' from my bank checking account because I don't want anyone 'pulling' money out of it without me authorizing the specific transaction and amount. Three credit cards and one utility bill a month is not too much work using the bank's on line payment system. I'm more concerned about billi...
by KlingKlang
Mon Sep 18, 2017 11:45 am
Forum: Personal Consumer Issues
Topic: Sticky family/parental care situation...long post
Replies: 19
Views: 1886

Re: Sticky family/parental care situation...long post

Money should not be given without complete honesty and transparency or the gravy train gets cut off. My money, my rules. That would be my suggestion. "My money, my rules" only works when you are in a position to walk away from a situation and never look back. In this case the response could easily ...
by KlingKlang
Sun Sep 17, 2017 8:51 am
Forum: Personal Consumer Issues
Topic: Should I contact a lawyer?
Replies: 69
Views: 3233

Re: Should I contact a lawyer?

The public school at which my wife teaches claims that all materials produced by the teacher for use in class are the intellectual property of the school district, regardless of whose resources were used to produce the materials. Not sure if they could actually win a case in court if this was dispu...
by KlingKlang
Wed Sep 13, 2017 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Inactive Vanguard Accounts
Replies: 5
Views: 379

Re: Inactive Vanguard Accounts

I went ahead and voted her proxy online. Tomorrow I'll get in touch with my Flagship rep and see what he says.
by KlingKlang
Wed Sep 13, 2017 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: Inactive Vanguard Accounts
Replies: 5
Views: 379

Re: Inactive Vanguard Accounts

Are the inactive accounts actually empty? If there is anything there, would you not want to manage it somehow? I would be surprised a zero value account had a vote. Actually they have about $400K in them. She doesn't understand anything about them except for the name Vanguard. I'm the co-owner so I...
by KlingKlang
Wed Sep 13, 2017 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Inactive Vanguard Accounts
Replies: 5
Views: 379

Inactive Vanguard Accounts

My mother has a couple of after-tax Vanguard accounts on which there has been no activity since 2009 (the year my father died). Last week she received a phone call supposedly from Vanguard asking if she was going to vote her proxies. She hung up on them. I just completed a proxy vote for an individu...
by KlingKlang
Wed Sep 13, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: The 10 year car ownership "rule"
Replies: 95
Views: 9946

Re: The 10 year car ownership "rule"

One thing that I have found is that by replacing my car before I have to, I can wait and replace it when I can find a great deal on my next car. The last car I replaced was only nine years old but I went on and replaced it when I found a great deal on a model year end close out. I could have waited...
by KlingKlang
Wed Sep 13, 2017 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Experience with High Yielding Money Market Accounts
Replies: 31
Views: 3394

Re: Experience with High Yielding Money Market Accounts

PurePoint savings account is currently yielding 1.30%, $10,000 minimum, no other hoops to jump through.
by KlingKlang
Wed Sep 13, 2017 9:17 am
Forum: Investing - Help with Personal Investments
Topic: How often do you put money in Vanguard
Replies: 55
Views: 3851

Re: How often do you put money in Vanguard

When I was in the accumulation phase of my life I would mail in one check a month to my taxable MM account, then transfer part of that to my wife's taxable MM account, then transfer from those accounts to our respective tIRA and Roth IRA MM accounts. After that exchanged from MM accounts into our va...
by KlingKlang
Tue Sep 12, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 vs Capital One Money Market
Replies: 6
Views: 789

Re: Capital One 360 vs Capital One Money Market

I've done it. No problems. Not sure if they will let you keep an account active with a zero balance.

Then I switched everything over to PurePoint for the 1.30% APY. Also no problems.
by KlingKlang
Tue Sep 12, 2017 1:53 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 309
Views: 15908

Re: Is it really Worth it to brown bag your lunch at work?

It really depends on the company culture. I have worked at a couple of places where the boss and his 'A-Team' left for their three hour lunch at 11 every day and dropped their work off on my desk because I could do it while I was brown bagging it.
by KlingKlang
Mon Sep 11, 2017 11:13 am
Forum: Investing - Help with Personal Investments
Topic: PurePoint Savings 1.30% Reviews
Replies: 2
Views: 298

Re: PurePoint Savings 1.30% Reviews

Switched over in May, no complaints. ACH transfers go through in the standard two days. I like that they post interest promptly even if it's a weekend instead of making you wait a couple of days extra like most do. I don't use mint.com.
by KlingKlang
Mon Sep 11, 2017 8:59 am
Forum: Personal Consumer Issues
Topic: What do you do in slow travels?
Replies: 55
Views: 3957

Re: What do you do in slow travels?

This is from my experience working outside the country rather than "slow travel". It is invaluable to make friends with a local person or family and go with them to the same attractions, parks, restaurants, stores, and churches that they do rather than the tourist attractions. It gives you a totally...
by KlingKlang
Thu Sep 07, 2017 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: For those planning early retirement....
Replies: 67
Views: 8300

Re: For those planning early retirement....

1. What do you plan to do after you retire and how do you plan to pay for it? I often see people in here who leave very frugal lives. I am wondering what sort of post retirement activities fit into these austere personal budgets Edit: also interested in how #1 has played out for those that have ret...
by KlingKlang
Wed Sep 06, 2017 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 8297

Re: Protecting moms assets from nursing home expenses

leonidas wrote:
Wed Sep 06, 2017 8:59 am
Scheduling a consultation with an Elder Law Atty by end of September. Right now just in an info gathering stage.
Gather a lot of info. The quality of Elder Law Attorneys varies greatly. Beware of the 'plan that's perfect for everyone' sales pitch.
by KlingKlang
Wed Sep 06, 2017 3:38 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 87
Views: 14414

Vanguard Trustee Elections

While there has been extensive discussion of the proposals in the current Vanguard Proxy voting, nothing seems to have been discussed concerning the trustees that are up for election. As an example, Deanne Mulligan has served as the CEO of the Guardian Life Insurance Company of America. Guardian is ...
by KlingKlang
Tue Sep 05, 2017 8:20 am
Forum: Investing - Theory, News & General
Topic: What is the "safe, safe" withdrawal rate?
Replies: 38
Views: 3916

Re: What is the "safe, safe" withdrawal rate?

Can we subsitute I bonds for Tips? Yes, if you start purchasing them exactly 30 years before you retire. The disadvantages of I-Bonds are: - The $10K per person per year purchase limit compared to unlimited purchases of TIPs. - The current 0% fixed rate compared to a (usually) positive rate for TIPs.
by KlingKlang
Thu Aug 31, 2017 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Is my understanding of Unemployment insurance correct?
Replies: 12
Views: 948

Re: Is my understanding of Unemployment insurance correct?

So your wife's Illinois company was allowing her to work remotely from New York and she resigned anyway? Personally I think that that would eliminate her eligibility. If her old company is willing to cooperate, the magic phrase that the unemployment bureau is looking for from them is "Laid off for ...
by KlingKlang
Thu Aug 31, 2017 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Is my understanding of Unemployment insurance correct?
Replies: 12
Views: 948

Re: Is my understanding of Unemployment insurance correct?

For what it's worth here is the link to the Illinois Unemployment Insurance handbook: http://www.ides.illinois.gov/IDES%20Forms%20and%20Publications/CLI105L.pdf Yes, if she was eligible for unemployment benefits it would be through Illinois and not New York. There is a clause about "the need to acco...
by KlingKlang
Sun Aug 27, 2017 3:39 pm
Forum: Personal Consumer Issues
Topic: Lowes vs Home Depot
Replies: 48
Views: 4949

Re: Lowes vs Home Depot

Home Depot is a little cheaper but Lowes seems to have a better selection. So I just go to Lowes. I could get the Lowes credit card then the prices would be better or a draw. I don't think home depot has a card like that. Home Depot does have a credit card, but I don't think it entitles you to any ...
by KlingKlang
Wed Aug 23, 2017 10:11 am
Forum: Personal Consumer Issues
Topic: Lowes vs Home Depot
Replies: 48
Views: 4949

Re: Lowes vs Home Depot

Our city has Home Depot, Walmart Supercenter, and Lowes in a line with each other! If you just need a spray can of Rustoleum(*) pick the one with the lowest price (Walmart) or the shortest lines (not Walmart). As others have posted, Home Depot has a more industrial feel (guys like this), while Lowes...
by KlingKlang
Thu Aug 17, 2017 8:11 am
Forum: Personal Finance (Not Investing)
Topic: quick estate question
Replies: 56
Views: 2922

Re: quick estate question

checking account and cd have one child listed with her as that child payed her monthly bills If that one child is a joint owner of the accounts then legally the funds in them belong to that child alone. Has a small credit card balance of $400.00 owed and a few small medical bills. Telephone attorne...
by KlingKlang
Tue Aug 15, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Tax on I-Bonds Transfer
Replies: 14
Views: 866

Re: Tax on I-Bonds Transfer

I don't think that you can really transfer I-Bonds, what you are doing is actually cashing them in under your own identity and then giving the proceeds to someone else - perhaps to purchase new I-Bonds.
by KlingKlang
Tue Aug 15, 2017 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Too conservative?
Replies: 9
Views: 1436

Re: Too conservative?

I make a good salary right now, we will hopefully be able to enjoy our time overseas and probably won't be building on the nest egg too much while we travel, travel, travel :D :D :D I'm surprised by this part of your post, normally working overseas is a fantastic time to build your nest egg if you ...
by KlingKlang
Tue Aug 15, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Spending help: Best use for $800 per month ?
Replies: 18
Views: 1651

Re: Spending help: Best use for $800 per month ?

In my opinion caring for a toddler, while usually fun, is often times not fun, certainly doesn't qualify as "chilling at home", and it's more than 90 hours/week. A two year old shouldn't even be awake 90 hours/week. Life is often times not fun. I can understand that someone would not desire to be a...
by KlingKlang
Tue Aug 15, 2017 11:56 am
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 123
Views: 7048

Re: Is $9000 too much for a sectional sofa ?

Is $9000 too much for a sectional sofa ?

Does it have a built in entertainment center, microwave, refrigerator, ice-maker, and toilet?

Our family room has two high end sofas with built in recliners and microfiber fabric that we paid about $3800 for and think was well worth it.
by KlingKlang
Tue Aug 15, 2017 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Spending help: Best use for $800 per month ?
Replies: 18
Views: 1651

Re: Spending help: Best use for $800 per month ?

You could always invest the extra $800 so that you will have more options for your daughter later in her life. Taking care of (1) 2 year old and a house should be pretty light duty for a competent adult. As far as socialization, 2 year olds basically just play by themselves in a room in which other ...
by KlingKlang
Fri Aug 11, 2017 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Stable Value Funds vs Bond Funds
Replies: 33
Views: 2202

Re: Stable Value Funds vs Bond Funds

Who knows where interest rates are going. I split my bond allocation 50/50 between bonds and stable value I agree with this advice 100%. Or split between bonds, TIPs, and stable value. There seems to be quite a lot of variation on the yields and expenses of stable value funds. Some have rates highe...
by KlingKlang
Thu Aug 10, 2017 8:23 am
Forum: Personal Consumer Issues
Topic: Why shouldn't I buy a Google Pixel through Verizon?
Replies: 12
Views: 1157

Re: Why shouldn't I buy a Google Pixel through Verizon?

I was told by salesman at Best Buy that all Google Pixel phones sold with Verizon plans are actually unlocked phones that can be used with any carrier. I'm a longtime Verizon customer and this is the first time that I've heard of Verizon doing this. I would double check with Verizon itself. Also ma...
by KlingKlang
Wed Aug 09, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Should we sell a home to a friend's daughter?
Replies: 31
Views: 3065

Re: Should we sell a home to a friend's daughter?

Your downsides are well reasoned and good examples of why large financial transactions between friends are seldom a good idea. On the other hand there is no reason to deprive this couple of an opportunity to buy a home that may work out well for them. I would suggest that you involve real estate age...
by KlingKlang
Thu Aug 03, 2017 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Widow Benefit Question (urgent)
Replies: 27
Views: 2068

Re: Social Security Widow Benefit Question (urgent)

Is there a possibility that the $1077 is a combination of a partial month's payment (July) for your mother's own benefit and a partial month's payment for your mother as a survivor of your father? The math works out about right. Social Security benefits are not paid for the month in which a recipien...
by KlingKlang
Wed Aug 02, 2017 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Will my older self thank me?
Replies: 38
Views: 3130

Re: Will my older self thank me?

I was a nerd before it was cool to be a nerd. I'm 61 and still remember the unkind remarks that people made about my clothes and car when I was in my 20s (and 30s, and 40s, and ... basically forever). Save a reasonable amount and avoid debt, but at your age invest more in experiences, professional d...
by KlingKlang
Wed Jul 26, 2017 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Wife retiring- social security and pension decisions
Replies: 22
Views: 1479

Re: Wife retiring- social security and pension decisions

jsmith400 wrote:She's developed severe arthritis in our hands that makes it difficult for her to perform repetitive tasks at work, and it looks like they're reducing the total number of staff and will be "encouraging" her to retire.
Is there any chance that she would qualify to collect disability benefits?
by KlingKlang
Wed Jul 26, 2017 9:18 am
Forum: Personal Consumer Issues
Topic: What are your monthly expenses?
Replies: 59
Views: 6093

Re: What are your monthly expenses?

We have a 25 year old single daughter living at home (if you want to date her you'll have to take it up with her 6'4" boyfriend). Her monthly expenses are pretty much: Take out / Out to eat : $60 Room, board, cell phone payments to us: $200 Alcohol: $0 Gas: $32 Auto insurance and maintenance: $80 Ca...
by KlingKlang
Sun Jul 23, 2017 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Job loss insurance
Replies: 13
Views: 909

Re: Job loss insurance

Thesaints wrote:
Meaty wrote: I looked at a quote and the premium was 100/month. It seems like it might be a cheap hedge ...
It could be cheap, or it could be extremely expensive. It all depends on how much you make.
The premium depends on both how much you make and which state you live in.
by KlingKlang
Sun Jul 23, 2017 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Job loss insurance
Replies: 13
Views: 909

Re: Job loss insurance

This is a product that I was not aware of. http://www.huffingtonpost.com/terry-savage/insurance-benefits-for-jo_b_9384980.html As with most insurance products you have to be very aware of the conditions to actually collect. In this case you must have purchased the policy at least 6 months before you...
by KlingKlang
Sun Jul 23, 2017 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: My financial needs have changed - looking for advice
Replies: 3
Views: 767

Re: My financial needs have changed - looking for advice

To fix this, I am now looking towards my main, non-taxable vanguard account (i.e., my life savings) to continue to fund my work on this business. If I am going to do this, though, I also realize that I probably need to change my asset allocation in this account. Currently this account has about 8x ...
by KlingKlang
Fri Jul 21, 2017 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest assets from home sale to pay for assisted living?
Replies: 9
Views: 710

Re: Where to invest assets from home sale to pay for assisted living?

You might want to consult with an elder care lawyer in your parents' state. They specialize in the procedures for protecting as much of your parents' assets as possible while obtaining maximum Medicaid benefits. Unfortunately it may be too late for them to help you much.
by KlingKlang
Fri Jul 21, 2017 1:43 pm
Forum: Personal Consumer Issues
Topic: Investing well for Retirement can be frustrating
Replies: 52
Views: 3955

Re: Investing well for Retirement can be frustrating

Been there, done that. It's especially frustrating when you work at a branch office and a Big Boss on whom you would like to make a favorable impression (or at least be able to put your name and face together) comes in for an annual trip and the entire dinner conversation revolves around people's fa...
by KlingKlang
Fri Jul 21, 2017 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Young invester- building my portfolio
Replies: 12
Views: 1009

Re: Young invester- building my portfolio

Welcome to the forum and congratulations on getting a great start on your investment journey. At the current time all of your investments are in the S&P 500 Index which consists of large cap domestic stocks. Other basic investments that you might want to consider in order to diversify your holdings ...
by KlingKlang
Wed Jul 19, 2017 10:54 am
Forum: Personal Consumer Issues
Topic: Indoor activities for a 3-year-old
Replies: 61
Views: 3117

Re: Indoor activities for a 3-year-old

We live in an area where the weather is bad about six months out of the year, so when my daughter was two we got her a Step 2 climber/slide for the family room to encourage some physical activity. She and her friends made good use of it up until she was nine or so.
by KlingKlang
Wed Jul 19, 2017 9:07 am
Forum: Personal Consumer Issues
Topic: Books not to read.
Replies: 155
Views: 12294

Re: Books not to read.

Battlefield Earth credited to L. Ron Hubbard and any of the numerous other titles of his pretending to be science fiction ghost written by Church of Scientology twenty-somethings. The movie starring John Travolta sucked too.
by KlingKlang
Tue Jul 18, 2017 3:37 pm
Forum: Investing - Theory, News & General
Topic: The Quest for Perfection
Replies: 120
Views: 6844

Re: The Quest for Perfection

BW1985 wrote:That portfolio would give me a headache. I own 3 funds.
I own more than 3 funds, but ghee. Why do you need to own the top 20 stocks in the S&P 500 in 8 separate funds?
by KlingKlang
Sat Jul 15, 2017 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Time to dump State Farm agent?
Replies: 25
Views: 2184

Re: Time to dump State Farm agent?

By coincidence we just switched our State Farm agent yesterday (still with State Farm, just switched agents). We had been with our previous agent for over 25 years. He wasn't all that great, but he had a fantastic assistant running his office. This is the person that you actually have to deal with f...
by KlingKlang
Thu Jul 13, 2017 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Moving stepfather into long term care facility. Need advice.
Replies: 17
Views: 1980

Re: Moving stepfather into long term care facility. Need advice.

Sorry about this situation. Would it be useful to consult with an elder law attorney to discuss how best to use the remaining assets, prepare for when/if the assets are exhausted, prepare for a successor trustee/guardian, and keep the son from getting anything? I agree with Gnirk that there is no wa...
by KlingKlang
Thu Jul 13, 2017 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Selling a paper Treasury bond
Replies: 7
Views: 577

Re: Selling a paper Treasury bond

Your next option is to convert them to electronic form using Treasury Direct. Once that is complete you will be able to redeem them into the bank account that you have registered with Treasury Direct. Your last option is to take or mail them to a Federal Reserve bank. Do you know how converting the...
by KlingKlang
Thu Jul 13, 2017 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Selling a paper Treasury bond
Replies: 7
Views: 577

Re: Selling a paper Treasury bond

Your next option is to convert them to electronic form using Treasury Direct. Once that is complete you will be able to redeem them into the bank account that you have registered with Treasury Direct.

Your last option is to take or mail them to a Federal Reserve bank.
by KlingKlang
Wed Jul 12, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider business travel to be a perk or a burden?
Replies: 117
Views: 7481

Re: Do you consider business travel to be a perk or a burden?

I really enjoyed business travel when I was young and childless. When you have a family, it's a burden. This is the best summary that you will get. In addition, company travel policies can turn what should be an enjoyable opportunity into sheer torture - always traveling on your own time, always ha...
by KlingKlang
Tue Jul 11, 2017 9:22 am
Forum: Personal Consumer Issues
Topic: How did you handle the costs of your child's wedding?
Replies: 170
Views: 12987

Re: How did you handle the costs of your child's wedding?

My youngest daughter (22) just got engaged. She says the bf's parents are unwilling to help at all,but their side of the guest list is more than double ours (45 to 20). They have about $7k saved up and are trying to keep costs down. Rather obvious our side was whittled down towards that objective. ...
by KlingKlang
Tue Jul 11, 2017 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Need Advice for Recent Widow & Adult Children
Replies: 2
Views: 336

Re: Need Advice for Recent Widow & Adult Children

Hi all, looking for some sage advice for my Aunt and cousins after my uncle passed away leaving them with windfall life insurance proceeds. I warned them already that they're prime targets for people peddling bad investments, and sure enough three insurance salesmen showed up at the funeral yesterd...