Search found 554 matches

by RudyS
Tue May 23, 2017 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Use Voided Check or Deposit Slip?
Replies: 13
Views: 574

Re: Use Voided Check or Deposit Slip?

Deposit slips are internal bank documents. They do not necessarily contain the same information as a a check. A check must contain the ABA routing number which is needed for banks to send and receive money with accounts at other banks. In your case, since both your check and deposit slip contain th...
by RudyS
Tue May 23, 2017 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Very Close to FI / RE - Allocation Suggestions?
Replies: 23
Views: 1634

Re: Very Close to FI / RE - Allocation Suggestions?

The purpose of holding a $1 million portfolio is to pay for nursing home care should that be needed. To me this seems like the wrong strategy. Medicaid also pays for nursing home care, and the OP could always pay for any care with the assets that are transferred now. I'm not very familiar with Medi...
by RudyS
Mon May 22, 2017 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Replace timing chain based on miles or years? [ignore]
Replies: 18
Views: 1141

Re: Replace timing chain based on miles or years?

Owners manual should be definitive.
by RudyS
Sun May 21, 2017 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: NJ Lemon Law 2017 Honda CRV
Replies: 17
Views: 2218

Re: NJ Lemon Law 2017 Honda CRV

TimeRunner wrote:Is it possible you simply have a bad battery? I'd have the dealer swap it out and see if that solves your issue. Seems like there would be a nationwide recall if this was a systemic issue.

Wouldn't you think the dealer would have tried this already? They were there twice.
by RudyS
Sun May 21, 2017 8:44 pm
Forum: Investing - Theory, News & General
Topic: What % of your income have you converted to wealth?
Replies: 133
Views: 15839

Re: What % of your income have you converted to wealth?

Sans gifts/inheritances, this is really a measure of how long a person has been investing, since as the length of time of investment gets large: the numerator is exponential in time, and the denominator is linear in time. Eventually this would surpass any fixed percentage. That makes a lot of sense.
by RudyS
Sun May 21, 2017 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Advice: grandparents estate planning issues
Replies: 9
Views: 1203

Re: Advice: grandparents estate planning issues

There are lots of pitfalls to this. I suggest you contact an eldercare attorney ASAP.
by RudyS
Sun May 21, 2017 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Risks of electronic access
Replies: 33
Views: 2312

Re: Risks of electronic access

I do not access any financial sites from my smartphone. It just has to wait till I get to a computer. [Yes I know a smartphone is really a computer pretending to be a phone] . Also no access to financial sites via unknown wifi. Still risky, but at least better than having everything on my phone.
by RudyS
Sun May 21, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: Sell 2015 Subaru or Keep?
Replies: 30
Views: 2532

Re: Sell 2015 Subaru or Keep?

All those safety features are wonderful! Not just crash avoidance, but rear cross-traffic alert. Keep the car! I have a 2015 Outback and would not turn loose of it. If you overpaid two years ago, just forget that.
by RudyS
Sat May 20, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: NJ Lemon Law 2017 Honda CRV
Replies: 17
Views: 2218

Re: NJ Lemon Law 2017 Honda CRV

This is ridiculous. What if I were leave my car at the airport for a couple of weeks? I love my Subaru Outback.
by RudyS
Thu May 18, 2017 7:55 pm
Forum: Personal Consumer Issues
Topic: garage door problem
Replies: 25
Views: 1393

Re: garage door problem

The hard part is doing it SAFELY. https://www.youtube.com/watch?v=hrUIN6hClB4 Admittedly, this was posted by an o[opener company.
by RudyS
Thu May 18, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: How to sell a house?
Replies: 22
Views: 1861

Re: How to sell a house?

Companies dealing in Elder Moves often advertise in local Senior papers, such as the newsletters from the local Council on Aging.
by RudyS
Thu May 18, 2017 4:00 pm
Forum: Personal Consumer Issues
Topic: garage door problem
Replies: 25
Views: 1393

Re: garage door problem

I'd take a cab to the doctor tomorrow, unless you get your door fixed by then. Oddly enough, I also had an appointment the day I found mine broken. Would that we had cab service. We don't even have bus service. And too far to bicycle. Don't know where you are. Does the doctor's city have cab servic...
by RudyS
Thu May 18, 2017 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: No Fire Clause
Replies: 1
Views: 500

Re: No Fire Clause

Could someone please let me know how effective a no-fire clause is for a certain length of time? Is it actionable in California? Meaning if an employer fired you earlier than the contract and did not pay you. Can it be enforced with just a contract signed from the employer stating the facts of the ...
by RudyS
Thu May 18, 2017 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: How to sell a house?
Replies: 22
Views: 1861

Re: How to sell a house?

> Zilow estimate is $175,000 Ignore this. Declutter and put on the market for what it will bring. > Hire dumpster company Hiring a dumpster is easy and cheap. You will need to find people to fill it. I agree you should ignore Zillow for this type of house. The house will bring what it's worth - i.e...
by RudyS
Thu May 18, 2017 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: How to dispose of household effects (estate sale?)
Replies: 21
Views: 2639

Re: How to dispose of household effects (estate sale?)

Charity, They can haul it all away and you don't have to deal with it. Life is too short in my opinion to go to the effort and attempt to make profit off the possessions of a dead person. I do not mean that in a cruel way. I would just want to be done with it. Who would receive the charitable deduc...
by RudyS
Wed May 17, 2017 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: When to take interest in a CD?
Replies: 18
Views: 1333

Re: When to take interest in a CD?

Whatever is on the 1099 INT that you get, is what you report and pay taxes on. You don't need to do fancy calculations.
by RudyS
Wed May 17, 2017 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: When to take interest in a CD?
Replies: 18
Views: 1333

Re: When to take interest in a CD?

I think if I do annual interest, I would not have to pay taxes on it until 2018 (since I started the CD in 2017). If however I do monthly interest, I would incur some tax in for 2017, is that correct? Whatever interest you earn this year you'll have to include with your 2017 tax paperwork when you ...
by RudyS
Sat May 13, 2017 8:24 pm
Forum: Personal Consumer Issues
Topic: Good 4 inch android phone
Replies: 7
Views: 581

Re: Good 4 inch android phone

The answer depends on what you mean by good. What features are important? None of us seem to be able to guess. You might do better just Googling for Android phone large screen reviews. Or specify the screen size. Then you could come back here to ask for comments on one or two specific models.
by RudyS
Sat May 13, 2017 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: "simultaneous death" of IRA owner and spousal beneficiary
Replies: 13
Views: 1220

Re: "simultaneous death" of IRA owner and spousal beneficiary

If, as suggested above, "my children" appears as a contingent beneficiary, then one should add "per stirpes", meaning "by representation", so that if one child dies before the death of the IRA owner, his/her children get their share, rather than it going to the other ch...
by RudyS
Sat May 13, 2017 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Setting a periodic transfer / Dealing with a fiscal beggar
Replies: 26
Views: 2474

Re: Setting a periodic transfer / Dealing with a fiscal beggar

Money orders, purchased at Kroger and redeemable there. Or other stores.
by RudyS
Sat May 13, 2017 9:06 am
Forum: Personal Consumer Issues
Topic: Out of town neighbor received FTD del.What to do.
Replies: 13
Views: 1429

Re: Out of town neighbor received FTD del.What to do.

You tell the neighbor on Tuesday, "I called FTD and they were no help. I thought it best to put these in water to try to save them.". If you had the neighbor's phone number and called them, this is what they would ask you to do. Agree. Don't worry about seeming "intrusive." They...
by RudyS
Sat May 13, 2017 8:44 am
Forum: Personal Consumer Issues
Topic: How much to tip movers?
Replies: 44
Views: 3317

Re: How much to tip movers?

Depends a bit on where you live. Cost of living, etc., you know. But $20/person sounds fair without knowing specifics.
by RudyS
Fri May 12, 2017 1:02 pm
Forum: Personal Consumer Issues
Topic: Buying Major Appliances Online
Replies: 20
Views: 1788

Re: Buying Major Appliances Online

Michigan "requires" you pay use tax if you bought something out of state and did not pay sales tax.
by RudyS
Thu May 11, 2017 11:05 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe on Challenges Of Managing Finances As We Age
Replies: 25
Views: 3492

Re: Larry Swedroe on Challenges Of Managing Finances As We Age

I've just retired at 73 and thanks to Taylor and Bogleheads, I've simplified my financial life. I absolutely refuse to engage in trying to get credit card benefits as I don't want to deal with all of those credit cards. I guess that is more laziness that a decline in cognitive ability. I somewhere ...
by RudyS
Wed May 10, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Most Common Financial Mistakes
Replies: 108
Views: 13590

Re: Most Common Financial Mistakes

Coming here, seeing all the good advice, and then ignoring it all.
by RudyS
Wed May 10, 2017 3:47 pm
Forum: Personal Consumer Issues
Topic: how to copy old audio cassettes to pc?
Replies: 19
Views: 1294

Re: how to copy old audio cassettes to pc?

These are not music cassettes, but things my late Mom etc recorded about family history, etc. so i want her voice to sound right. I wouldn't even hesitate to pay someone to do this professionally. Sometimes saving a dime just isn't worth it for something irreplaceable like this. JMO I'm afraid some...
by RudyS
Tue May 09, 2017 12:07 pm
Forum: Personal Consumer Issues
Topic: Renting correct size car
Replies: 31
Views: 2153

Re: Renting correct size car

Check into carrentals.com or rentalcars.com for deals. My personal experience is that luggage space may be more of an issue than car interior size. The "Emerald Aisle" at National sometimes lets you wind up with a bigger car than you are paying for.
by RudyS
Mon May 08, 2017 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance When Already Financially Free
Replies: 3
Views: 608

Re: Disability Insurance When Already Financially Free

Traditional disability insurance is written against a salary. You are insuring against the inability to earn that salary. I'm not sure if you are even eligible for disability insurance without a job. How would you demonstrate your disability? If you are already not working, would you have to prove ...
by RudyS
Mon May 08, 2017 8:05 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 17976

Re: Why save so much for when you're old?

Best place to save is living in houses below your means and reasonable price cards - Subarau Outback right now.. I'm 80, and so glad that if/when we need LTC, can pick a nice place, not take whatever has Medicaid beds. If we don't need it, the kids/grandkids will appreciate the inheritance. We never...
by RudyS
Mon May 08, 2017 7:33 pm
Forum: Personal Consumer Issues
Topic: how to copy old audio cassettes to pc?
Replies: 19
Views: 1294

Re: how to copy old audio cassettes to pc?

I did this some years ago. Worked like this: Download a program called Audacity. (Free from various places, check Google). Connect a cable from the earphone/headphone jack on the cassette player to the microphone jack on the computer. Start Audacity, play the tape, and that's it except for a bunch ...
by RudyS
Mon May 08, 2017 4:04 pm
Forum: Personal Consumer Issues
Topic: how to copy old audio cassettes to pc?
Replies: 19
Views: 1294

Re: how to copy old audio cassettes to pc?

I did this some years ago. Worked like this: Download a program called Audacity. (Free from various places, check Google). Connect a cable from the earphone/headphone jack on the cassette player to the microphone jack on the computer. Start Audacity, play the tape, and that's it except for a bunch o...
by RudyS
Mon May 08, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Will and Estranged Child advice
Replies: 44
Views: 3836

Re: Will and Estranged Child advice

My first wife died (what an awful time) without re-doing her will and removing the letter. I was the executor of the estate and decided to ignore the legal will and do what was right We divided her estate among my two step-sons and I destroyed the letter. I prayed neither would contest and discover...
by RudyS
Sun May 07, 2017 9:26 pm
Forum: Personal Consumer Issues
Topic: Traveling to Japan
Replies: 37
Views: 3693

Re: Traveling to Japan

Any experience with Verizon? They offer a $10/day travel pass, activated only for 24 hrs each day if you actually use the service - wifi would be free otherwise. No fooling around with sim cards. That'd be a backup if I needed phone or text. I have a Samsung Galaxy (android) that Verizon says will w...
by RudyS
Sun May 07, 2017 4:09 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 213
Views: 17866

Re: Where to Live on $60K or Less a Year?

Midland, Michigan. Weather OK, lovely Fall, summer/winter not too extreme. No mountains though. But no hurricanes, no earthquakes, no tornados. https://finance.yahoo.com/news/midland- ... 00645.html
by RudyS
Sun May 07, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Transferring vehicle and insurance to adult child
Replies: 11
Views: 705

Re: Transferring vehicle and insurance to adult child

I need to transfer our 3rd vehicle ownership from myself to my 22YO son, drop him from my insurance policies (auto, umbrella) and he will obtain his own auto insurance policy. It appears my insurance company is not price-competitive for separate policy single age 22 year old drivers so he will be p...
by RudyS
Fri May 05, 2017 12:08 pm
Forum: Personal Consumer Issues
Topic: Switching Auto Insurance, need advice on Roadside assistant
Replies: 35
Views: 2161

Re: Switching Auto Insurance, need advice on Roadside assistant

One has to know the relative costs of the insurance from AAA (include the AAA membership in the total) vs. other companies (include any extra for the road side assistance).
by RudyS
Fri May 05, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: How does Fidelity make money if I hold Vanguard funds in my account?
Replies: 9
Views: 1829

Re: How does Fidelity make money if I hold Vanguard funds in my account?

If Vanguard failed, would not your Vanguard funds at Fidelity also be offline? I don't see much reason to diversify and move Vanguard funds to Fidelity. To diversify, wouldn't you want Fidelity index funds at Fidelity? I would not bother trying to diversify that way. +1. I don't get it. Good point....
by RudyS
Thu May 04, 2017 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: How does Fidelity make money if I hold Vanguard funds in my account?
Replies: 9
Views: 1829

Re: How does Fidelity make money if I hold Vanguard funds in my account?

jumppilot wrote:I don't know the answer but this thread dealt with a similar topic.

viewtopic.php?t=134627


That's a great discussion. I tried a search but didn't find this. Thanks!
by RudyS
Thu May 04, 2017 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: How does Fidelity make money if I hold Vanguard funds in my account?
Replies: 9
Views: 1829

How does Fidelity make money if I hold Vanguard funds in my account?

Had a dinner discussion with DW about a planned transfer of some of my Vanguard fund holdings from Vanguard to Fidelity (for diversity, and a bonus). She asked, why would Fidelity give you a bonus? How do they make money if you hold Vanguard funds? I couldn't answer! What am I missing, if anything?
by RudyS
Tue May 02, 2017 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Convince me that I'm holding too much cash
Replies: 62
Views: 7708

Re: Convince me that I'm holding too much cash

I digress, but there is an old saying "only too much is ever enough." But that referred to deciding how much food to prepare for guests.
by RudyS
Tue May 02, 2017 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Most Common Financial Mistakes
Replies: 108
Views: 13590

Re: Most Common Financial Mistakes

Outside of living above means (too much car, too much house, too much credit card, etc) I think the single biggest mistake is that people don't take the time to educate themselves about saving and investing. Even the most basic level. A few days of research about basic investing principles could sa...
by RudyS
Mon May 01, 2017 4:56 pm
Forum: Personal Consumer Issues
Topic: Buy condo now, or wait a few years and then enter CCRC?
Replies: 25
Views: 2083

Re: Buy condo now, or wait a few years and then enter CCRC?

Thanks for your inputs. mnecon, I appreciate the detailed info. HomerJ, our reason for not moving now is the same reason we haven't moved there for decades. We have an active life here, and are just reluctant to move. Looking 3-5 years down the road, I'm thinking we are just going to make the move. ...
by RudyS
Sun Apr 30, 2017 7:55 pm
Forum: Personal Consumer Issues
Topic: Buy condo now, or wait a few years and then enter CCRC?
Replies: 25
Views: 2083

Re: Buy condo now, or wait a few years and then enter CCRC?

Thanks for the comments so far. Some of you have raised what looks like an important question. Has anyone experienced, or heard of, the situation of waiting too long? I.e., has health deteriorated to the point where the CCRC won't let you buy in once you are ready? We aren't there yet, but anything ...
by RudyS
Sun Apr 30, 2017 1:02 pm
Forum: Personal Consumer Issues
Topic: Buy condo now, or wait a few years and then enter CCRC?
Replies: 25
Views: 2083

Re: Buy condo now, or wait a few years and then enter CCRC?

Thanks to everyone for sharing thoughts. About the recommendation to rent - that would be a great option, if only there were acceptable places in our community. It's a smallish city, and the only rentals are not anything we'd want to move into. We do have friends and "a life" here so not t...
by RudyS
Sun Apr 30, 2017 10:29 am
Forum: Personal Consumer Issues
Topic: Buy condo now, or wait a few years and then enter CCRC?
Replies: 25
Views: 2083

Re: Buy condo now, or wait a few years and then enter CCRC?

Skiffy: Thanks for your thoughts. I edited my post and title to reflect that it's not so much the downsizing as the multiple moves that we are pondering.
by RudyS
Sun Apr 30, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Dealing with regret
Replies: 102
Views: 8622

Re: Dealing with regret

So this is faint consolation, but it could have been worse. You could still be waiting to get back in! If it helps any, remember that there are worse ways for a person to mess up their life than this.
by RudyS
Sun Apr 30, 2017 9:37 am
Forum: Personal Consumer Issues
Topic: Buy condo now, or wait a few years and then enter CCRC?
Replies: 25
Views: 2083

Buy condo now, or wait a few years and then enter CCRC?

This seems like a more personal consumer than finance oriented question since we could afford either alternative. We (80 & 75) are planning to sell a 2 story home with laundry in the basement and bedrooms on second floor and buy a condo with everything on one floor. This was our plan for about a...
by RudyS
Fri Apr 28, 2017 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: CCRC Tax Deduction?
Replies: 14
Views: 1077

Re: CCRC Tax Deduction?

Or you could do some tax gain harvesting in taxable, if that's an option.

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