Search found 66 matches

by TerryDMillerMBA
Tue Jul 26, 2016 7:14 pm
Forum: Personal Consumer Issues
Topic: What really happens to people who run out of their money in retirement
Replies: 61
Views: 8866

Re: What really happens to people who run out of their money in retirement

If you are still able to live alone, you move into senior citizen subsidized housing. Your rent is capped at 1/3 of your income and includes utilities. You sign up for Medicare "extra help" and PACE which takes care of your medical costs. You sign up for free or reduced cost meal delivery...
by TerryDMillerMBA
Wed Apr 27, 2016 6:08 pm
Forum: Personal Consumer Issues
Topic: Wire transfer issue
Replies: 11
Views: 995

Re: Wire transfer issue

There is a risk of not receiving it. They possibly can straighten it out without that info. From Investopedia: Because the CHIPS UID number can be used by the clearing system to look up the needed banking information of a payment's recipient (e.g. routing number and account number), payment orders c...
by TerryDMillerMBA
Wed Apr 27, 2016 3:33 am
Forum: Personal Finance (Not Investing)
Topic: Need advice on how to break into a new field.
Replies: 6
Views: 732

Re: Need advice on how to break into a new field.

Econ-pre-law is not strange to me. It may be because of my background, but I have run across all kinds. But I definitely feel for you in your career aspiration frustration. But don't despair. You will become a Chartered Financial Analyst. EDIT: And I simply have to comment on your situation with try...
by TerryDMillerMBA
Wed Apr 27, 2016 2:21 am
Forum: Personal Finance (Not Investing)
Topic: What to tell your child about Bill for tax preparation
Replies: 53
Views: 5621

Re: What to tell your child about Bill for tax preparation

Once I read that he used your accountant, I immediately thought that he probably uses/used your attorney(s). "Not that there's anything [inherently] wrong with that," but the pattern may need to be broken, putting my conjecture with other comments above mine.
by TerryDMillerMBA
Tue Apr 26, 2016 9:32 am
Forum: Personal Consumer Issues
Topic: Holes in the heels of black dress socks
Replies: 30
Views: 2109

Re: Holes in the heels of black dress socks

Definitely get more pairs in the rotation to spread the wear out.
by TerryDMillerMBA
Tue Apr 26, 2016 9:31 am
Forum: Personal Consumer Issues
Topic: Holes in the heels of black dress socks
Replies: 30
Views: 2109

Re: Holes in the heels of black dress socks

joe8d wrote:Trim your toenails.


Holes in his HEELS.

Image
by TerryDMillerMBA
Sun Apr 10, 2016 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: An Update on my condition - dementia is not fun
Replies: 19
Views: 5228

Re: An Update on my condition - dementia is not fun

I just had an uncle die that I helped take care of (a little more than 24 hours ago), and one of his conditions was dementia, in addition to his schizophrenia, diabetic/pancreatic issues, etc. He didn't have the income to hire someone, so my mother and I assisted him for ten years. He was my and my ...
by TerryDMillerMBA
Wed Mar 30, 2016 9:09 am
Forum: Personal Finance (Not Investing)
Topic: How to claim lottery winnings anonymously using trust?
Replies: 6
Views: 3024

Re: How to claim lottery winnings anonymously using trust?

Certain states allow an anonymous claiming of lottery winnings through a trust. Mine (Ohio) does There are only a few.

http://budgeting.thenest.com/claim-lott ... 31858.html
by TerryDMillerMBA
Sun Mar 20, 2016 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Setting up an LLC for a small business
Replies: 29
Views: 2450

Re: Setting up an LLC for a small business

StevieG72 wrote:I would go with the CPA, one stop shopping to set up LLC, handle payroll tasks, and take care of taxes. This is easy stuff for a CPA...


Bingo.
by TerryDMillerMBA
Fri Mar 11, 2016 5:22 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 1771
Views: 422046

Re: What Book Are You Currently Reading? Part VI

"Orphan X" by Gregg Hurwitz

It is very engaging. The surface level assessment of the title character registers as all-too-familiar, but Hurwitz achieves some refreshing character development with his main protagonist.
by TerryDMillerMBA
Wed Feb 24, 2016 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Bank Accounts
Replies: 66
Views: 5557

Re: Bank Accounts

I always say to have as many checking and savings accounts as you need to keep things in their proper places. I personally have had as many as seven, and currently only have one.
by TerryDMillerMBA
Sun Feb 21, 2016 9:58 pm
Forum: Personal Consumer Issues
Topic: Cell phone question
Replies: 23
Views: 2022

Re: Cell phone question

500MB for such light usage sounds great. You will have a very good idea of your needs after that first month.
by TerryDMillerMBA
Mon Jan 18, 2016 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Where to find a business to purchase?
Replies: 36
Views: 4691

Re: Where to find a business to purchase?

No matter what route you go with, always do DUE DILIGENCE. Even if you were to hire a consultant to look into these things for you, you still would be forewarned to do some "homework" yourself.
by TerryDMillerMBA
Thu Sep 17, 2015 5:33 am
Forum: Personal Consumer Issues
Topic: What is the best way to purchase Iphone?
Replies: 37
Views: 5525

Re: What is the best way to purchase Iphone?

babington wrote:1. Buy it outright but without Apple's financing.
2. Self-insure by putting $20/month in the bank for the rest of your life. It's free.
3. Sign up for PagePlus and pay $30/month with access to the Verizon network, no contract and no Verizon b.s.


This is Boglehead philosophy in action.

:sharebeer
by TerryDMillerMBA
Sun Aug 30, 2015 5:09 pm
Forum: Personal Consumer Issues
Topic: Writing an effective customer complaint.
Replies: 5
Views: 422

Re: Writing an effective customer complaint.

"Just the facts, ma'am."--Joe Friday, Dragnet.

Concentrate on the facts first and foremost, then end with how it made you feel.

Also, I have had success with sending the complaint to the highest person in the company you can get correct contact information for.
by TerryDMillerMBA
Sat Aug 22, 2015 4:37 pm
Forum: Personal Consumer Issues
Topic: Online clothing shopping?
Replies: 16
Views: 1669

Re: Online clothing shopping?

Zappos.com (join VIP)

I have used a few other places that have been mentioned, but Zappos is hands-down the best experience.
by TerryDMillerMBA
Tue Jul 21, 2015 5:47 am
Forum: Personal Consumer Issues
Topic: lock for $500 bike
Replies: 27
Views: 2896

Re: lock for $500 bike

You will never stop a true professional 100% of the time. They will bring the tools and talent to get what they want most of the time. (This axiom goes for home security, computer security, etc.) You want to always discourage the amateurs and lower professionals, though. The U-bolt style is far supe...
by TerryDMillerMBA
Wed Jun 17, 2015 1:59 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1833
Views: 419112

Re: What Movie Have You Recently Watched?

abuss368 wrote:
Was it good?


It was VERY good. It is very far from stale. You would think that there are only so many humorous and/or insightful things to explore season after season, but the writing is still hitting home runs. The expository flashbacks are becoming my favorite parts of the episodes.
by TerryDMillerMBA
Tue Jun 16, 2015 10:42 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1833
Views: 419112

Re: What Movie Have You Recently Watched?

abuss368 wrote:The latest season for "Orange in the New Black" has been released on Netflix.


And was devoured between Saturday and Sunday. :happy
by TerryDMillerMBA
Fri Jun 12, 2015 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Small Business Financing
Replies: 15
Views: 1644

Re: Small Business Financing

I would consider EBITDA to be the combination of owners W2 salary plus S Corp income ... I'm not an accountant or expert in this so I'm very possibly mistaken, but In my own business I did not think of my salary as return on capital, I thought of it as a business expense associated with doing my jo...
by TerryDMillerMBA
Fri Jun 12, 2015 8:47 am
Forum: Personal Consumer Issues
Topic: Time Management
Replies: 14
Views: 3151

Re: Time Management

"The 7 habits of highly effective people" helps puts various priorities in perspective but I'm not sure if it will help someone with ADD.....worth reading to see if it will help in my nonprofessional opinion in this area. I have some type of ADD (there are several types. Also, not to be c...
by TerryDMillerMBA
Fri Jun 12, 2015 8:41 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 1771
Views: 422046

Re: What Book Are You Currently Reading? Part VI

I am currently listening to "Poison Pill" by Glenn Kaplan.
by TerryDMillerMBA
Fri May 29, 2015 3:25 pm
Forum: Personal Consumer Issues
Topic: Do-it-yourself handy person: How did you learn?
Replies: 41
Views: 5567

Re: Do-it-yourself handy person: How did you learn?

I started out very un-handy. Ever since about 1991 I have been growing in knowledge. Invariably, my friends are all people who are more mechanically inclined than I am (I am a computer/biz/math/music person = everything but!), and I pick up more and more things as I combat my fear. One friend instil...
by TerryDMillerMBA
Thu May 14, 2015 5:56 pm
Forum: Personal Consumer Issues
Topic: Is the Post Office slowing down First Class Parcel delivery?
Replies: 25
Views: 3608

Re: Is the Post Office slowing down first class parcel delivery?

I haven't sold much in the last twelve months online, but I have bought quite a bit. From what I have experienced, they are pushing Priority. In their defense, it is a pretty good deal for many situations. Now, as far as being on the receiving end of eBayers/Amazonians/et al, the USPS bends over bac...
by TerryDMillerMBA
Fri Apr 24, 2015 1:23 pm
Forum: Personal Consumer Issues
Topic: Cocktail Hobby
Replies: 11
Views: 2421

Re: Cocktail Hobby

I have some interest in it. I made the mistake of not writing down/firmly committing to memory several dozen of the cocktails I invented. but do remember some. Here is one: The Potion Use the liquors from a Long Island. But hold off on that cola! Use equal parts orange juice and Red Bull (or similar...
by TerryDMillerMBA
Sun Apr 12, 2015 7:00 am
Forum: Personal Finance (Not Investing)
Topic: how to deal with it [regret over past investing choices]
Replies: 74
Views: 8137

Re: how to deal with it [regret over past investing choices]

"Yesterday is history, tomorrow is a mystery."
by TerryDMillerMBA
Sun Apr 05, 2015 6:53 pm
Forum: Personal Consumer Issues
Topic: website hosting
Replies: 9
Views: 1399

Re: website hosting

I have used GoDaddy for about six years, as a developer, and for my personal hosting needs.
by TerryDMillerMBA
Mon Mar 09, 2015 5:16 am
Forum: Personal Consumer Issues
Topic: Best Classical Music Box Sets?
Replies: 39
Views: 6085

Re: Best Classical Music Box Sets?

I have been doing this for other genres, and it works great. Boglehead-friendly. I use Pandora, or some other similar website/app. I pick some known artist (Beethoven, Bach, etc.), create a station, and it will then help me to "discover" other artists that I like as I listen. Or even songs...
by TerryDMillerMBA
Fri Dec 12, 2014 5:15 am
Forum: Personal Consumer Issues
Topic: Starting a Start up finally- Need help with banking
Replies: 10
Views: 2113

Re: Starting a Start up finally- Need help with banking

(Would would I negate the legal benefits of llc when I use a personal cc?) I haven't seen any case law on this lately, to be honest. If I were the judge, I would see what you were trying to do, and rule in your favor. I have personally used personal cards and reimbursed the loans from business proc...
by TerryDMillerMBA
Fri Dec 12, 2014 5:02 am
Forum: Personal Consumer Issues
Topic: Starting a Start up finally- Need help with banking
Replies: 10
Views: 2113

Re: Starting a Start up finally- Need help with banking

This is right in my wheelhouse of both professional as well as personal experience. I cosign the replies encouraging you to have separate accounts. In addition to the aforementioned reasons, additionally you would be helping to erode the limited liability you paid your state fee for if you comingle ...
by TerryDMillerMBA
Wed Dec 10, 2014 8:12 am
Forum: Personal Consumer Issues
Topic: What is the best meal you've had at a restaurant?
Replies: 119
Views: 13225

Re: What is the best meal you've had at a restaurant?

One meal that immediately comes to mind was my first experience with walleye. I am from Northeast Ohio, and thus know about the frenzy that this fish causes. I simply had to find out why some people were willing to risk fines and/or jail time over a fish (wildlife violations, etc.). It was a borderl...
by TerryDMillerMBA
Tue Nov 25, 2014 6:12 am
Forum: Personal Consumer Issues
Topic: Storing/Organizing Memory Sticks
Replies: 25
Views: 2013

Re: Storing/Organizing Memory Sticks

As to your original query, they sell several kinds of three-hole-punched pouches. The most Boglehead one is at your big box office supply store, and the most convenient is probably at the closest drugstore with office supplies. Several clear zippered pouches seem to be what you are after.
by TerryDMillerMBA
Thu Oct 24, 2013 10:53 am
Forum: Personal Finance (Not Investing)
Topic: How did you start up your small business?
Replies: 18
Views: 2419

Re: How did you start up your small business?

Every time a client of mine (I am a business consultant) mentions the word franchise, I make sure they realize it is not always an instant cash cow. There are many horror stories out there along with the huge successes.
by TerryDMillerMBA
Thu Jul 18, 2013 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Keep going with MBA (1/3 done)
Replies: 29
Views: 2409

Re: Keep going with MBA (1/3 done)

The school is AACSB certified but not a common known or ivy league but my undergrad was from the University of Michigan which is a top school especially locally. This MBA probably won't do much for you. An MBA from Joe Random University is far less prestigious than an undergrad degree from U.Michig...
by TerryDMillerMBA
Sun Jun 16, 2013 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Poll: How much cash do you carry?
Replies: 103
Views: 7122

Re: Poll: How much cash do you carry?

There are a few places I know of in NYC with a minimum...isn't this against the credit card company regulations? I didn't think they were supposed to do this, but never had the impulse to say anything It used to be illegal, but the last major credit card legislation allows businesses to have minimu...
by TerryDMillerMBA
Fri Jun 14, 2013 5:46 am
Forum: Investing - Help with Personal Investments
Topic: Determining annual return
Replies: 3
Views: 379

Re: Determining annual return

I know your question is about the annual return. Yes, it is somewhere in the neighborhood of what you are talking about. This SCREAMS that it is some type of con/scam. At a MINIMUM, the person presenting this to you is greatly minimizing the level of risk of the venture. Returns of that level don't ...
by TerryDMillerMBA
Thu Jun 13, 2013 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: How much cash do you carry?
Replies: 103
Views: 7122

Re: Poll: How much cash do you carry?

One of my Big Complaint with ATMs and cash is the freaking ABSENCE of fifty dollar bills. This is a separate topic so don't get me started... I remember when we finally got to the point where they phased out $5 minimum withdrawals. There was one bank ATM that still had $5, and I would hit that. The...
by TerryDMillerMBA
Mon Jun 10, 2013 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: New Investor Advice & Input
Replies: 4
Views: 614

Re: New Investor Advice & Input

1) The corporation requires more paperwork, and, depending on where you are located, may require an increase in fees to stay active as a business entity in your state. 2) through 5) When I had a question posed like this, I thought this was the best presentation on the SEP vs. individual 401K situati...
by TerryDMillerMBA
Sat May 25, 2013 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Role of a Notary
Replies: 10
Views: 1383

Re: Role of a Notary

"although they do have the right to refuse to notarize if they feel there is a fraud of some sort being committed." And how could they, in good conscience, say that they were satisfied that there is no element of fraud occurring when they can't read the foreign language of the document? E...
by TerryDMillerMBA
Fri May 24, 2013 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Role of a Notary
Replies: 10
Views: 1383

Re: Role of a Notary

"although they do have the right to refuse to notarize if they feel there is a fraud of some sort being committed." And how could they, in good conscience, say that they were satisfied that there is no element of fraud occurring when they can't read the foreign language of the document? ED...
by TerryDMillerMBA
Mon Apr 22, 2013 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Check for abandoned property -- worked twice for me
Replies: 34
Views: 3971

Re: Check for abandoned property -- worked twice for me

For one family member, I found an old utility deposit that was being returned (low three digits). I mailed the form for him (disabled senior citizen). For myself, I found enough for a pizza and pop from some rebate. $till mine, so I mailed the form in. It is worth it to check. I also used http://www...
by TerryDMillerMBA
Wed Apr 03, 2013 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Which documents should not be stored electronically?
Replies: 5
Views: 861

Re: Which documents should not be stored electronically?

Anything with a stick-on seal or any embossing
Many things with official stamps (some agencies don't care, while others want to see original ink from the stamp(s))
by TerryDMillerMBA
Tue Mar 26, 2013 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One Fraud Dept called me. Closed cc account
Replies: 24
Views: 5477

Re: Capital One Fraud Dept called me. Closed cc account

Good that you are OK. That company is blacklisted/flagged in their computer system. Fraudsters test card information through them, and then try to charge other things if all goes well. EDIT: When credit card fraudsters make the mistake of testing cards in person (gas stations, etc.) they get on came...
by TerryDMillerMBA
Mon Mar 25, 2013 6:52 am
Forum: Personal Finance (Not Investing)
Topic: can't pay my taxes
Replies: 12
Views: 2328

Re: can't pay my taxes

I am speaking from DIRECT experience, having dealt with this in the 90s: Follow the advice from the poster above as far as filing ON TIME, and filing the extension. These steps cost you nothing. If you need to do an installment agreement, then you could file that form later. I don't know how much yo...
by TerryDMillerMBA
Mon Mar 25, 2013 6:47 am
Forum: Personal Finance (Not Investing)
Topic: Mark Cuban on Cash
Replies: 24
Views: 4175

Re: Mark Cuban on Cash

As I recall, Mark Cuban sold an internet company at the heighth of the Internet Bubble. I don't think his company was even profitable. He may not really be that great of an investor or that great of a businessman. He might have just been lucky. I would rather listen to someone with a better track r...
by TerryDMillerMBA
Thu Mar 21, 2013 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: LLC v S Corp, control and taxes
Replies: 25
Views: 2721

Re: LLC v S Corp, control and taxes

You can choose to have an LLC taxed as an S Corp. There are different regulatory/reporting requirements for LLCs and S Corps. My understanding is that S Corps require more ongoing paperwork to run than do LLCs. It shouldn't affect your tax situation, though. True. Sub-S Corps require infinitely mor...
by TerryDMillerMBA
Tue Mar 19, 2013 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: LLC v S Corp, control and taxes
Replies: 25
Views: 2721

Re: LLC v S Corp, control and taxes

You can choose to have an LLC taxed as an S Corp. There are different regulatory/reporting requirements for LLCs and S Corps. My understanding is that S Corps require more ongoing paperwork to run than do LLCs. It shouldn't affect your tax situation, though. True. Sub-S Corps require infinitely mor...

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