Search found 1533 matches

by an_asker
Fri Apr 21, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: To refinance(two strategies). Please advise.
Replies: 11
Views: 501

Re: To refinance(two strategies). Please advise.

Hello, With recent mortgage rates trending down, I'm considering to refinance my mortgage loan. My current rate is 4.125%. House is appraised(Zillow...) at ~$305 k, and I have $192 k in outstanding principal owed.Current PITI is $1,239.03(I pay extra $100/month towards principal) I'm looking into t...
by an_asker
Fri Apr 21, 2017 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: How exactly do expense ratios/fees work?
Replies: 7
Views: 546

Re: How exactly do expense ratios/fees work?

[...]This is what I did at a previous employer 401k. The investments were not public mutual funds, but the provider did send performance information for each investment option each quarter. Mine were always lower and when I would call, they always told the lie that this was because of additions dur...
by an_asker
Fri Apr 21, 2017 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Expense Ratio
Replies: 7
Views: 751

Re: 401K Expense Ratio

So the 401K plan at my current employer offers only investments with high expense ratios. I'm currently investing in the S&P500 Index fund that's offered, which has a 1.38 expense ratio. I believe .40 of the 1.38 is billed directly to our employer as "Record Keeping" charges. If this ...
by an_asker
Fri Apr 21, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: How exactly do expense ratios/fees work?
Replies: 7
Views: 546

Re: How exactly do expense ratios/fees work?

[...]You must go by the results you see in your accounts compared with the performance data you see from the provider. That is easier said than done! When you have 24 (or so) contributions happening over the course of the year, it is very difficult to match the returns up with that of the underlyin...
by an_asker
Fri Apr 21, 2017 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: When does it make sense to start paying down (or off) a low rate mortgage?
Replies: 43
Views: 3204

Re: When does it make sense to start paying down (or off) a low rate mortgage?

Asking questions like that here will likely get you a 51-49 split, and you will be exactly where you started!! Instead ... I read this trick somewhere, and it is worth taking a shot. It works whenever you're faced with an option 1 vs. option 2 choice. Take a quarter - assign an option to each side, ...
by an_asker
Fri Apr 21, 2017 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: How exactly do expense ratios/fees work?
Replies: 7
Views: 546

Re: How exactly do expense ratios/fees work?

Hi. I tried the search function but got way too many hits, none of which had a nice example to help clearly explain the question. If you can either point me in the right direction, or answer below, that would be great. My hypothetical question/example is; let's say on 1/1/16 I contributed $1,000 in...
by an_asker
Fri Apr 21, 2017 11:55 am
Forum: Personal Consumer Issues
Topic: Booking united award tickets with 2 accounts
Replies: 13
Views: 1219

Re: Booking united award tickets with 2 accounts

Thanks all! Just doing research I saw each round trip was 25k per person totaling 75k for our family. I'm wondering if I should convert some ultimate rewards to british avios as I think they have cheap domestic award flights. I like saving those ultimate rewards for the flexibility though and had n...
by an_asker
Thu Apr 20, 2017 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Does Insurance Have to Pay an Out-of-Network Ambulance Bill in Full?
Replies: 46
Views: 2694

Re: Does Insurance Have to Pay an Out-of-Network Ambulance Bill in Full?

A family member was driven to Hospital A in a private car and was then was admitted. They were transferred to Hospital B the next day. The doctor recommended the transfer since Hospital B had a higher-level care that the family member required. The transfer was via an ambulance operated by a small ...
by an_asker
Thu Apr 20, 2017 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 96
Views: 8072

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

[...]GKSD, By the way, I was the dummy that did this a few times in the public setting. It never goes well. Then, after a while, somebody else brought up the same idea and claimed the credit later since they have the ears of the key stakeholders. The C-level folks only listened to their trusted adv...
by an_asker
Wed Apr 19, 2017 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Accidental landlord turning to for sale by owner
Replies: 26
Views: 2202

Re: Accidental landlord turning to for sale by owner

[...] 2) Gain or loss is dependent on the difference between basis of rental (price at which property was converted to rental) less depreciation, plus capital improvements as compared to sale price (less selling expenses) Depending on the value when you converted to a rental and length of time you ...
by an_asker
Wed Apr 19, 2017 2:23 pm
Forum: Personal Consumer Issues
Topic: If a doctor takes your insurance, must they accept the negotiated rate?
Replies: 62
Views: 4478

Re: If a doctor takes your insurance, must they accept the negotiated rate?

Hm. I routinely get bills from medical providers for quantities above and beyond the amount paid by the insurance company on the EOB. I have no idea whether these are legit or not, or whether they would be classified as co-insurance or co-payments. We are on a PPO and always use in-network provider...
by an_asker
Wed Apr 19, 2017 2:22 pm
Forum: Personal Consumer Issues
Topic: If a doctor takes your insurance, must they accept the negotiated rate?
Replies: 62
Views: 4478

Re: If a doctor takes your insurance, must they accept the negotiated rate?

Hm. I routinely get bills from medical providers for quantities above and beyond the amount paid by the insurance company on the EOB. I have no idea whether these are legit or not, or whether they would be classified as co-insurance or co-payments. We are on a PPO and always use in-network provider...
by an_asker
Wed Apr 19, 2017 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Accidental landlord turning to for sale by owner
Replies: 26
Views: 2202

Re: Accidental landlord turning to for sale by owner

Just curious. Don't think we should base our sale price on this but will we have to pay any gains on our sale? We purchased for 315k and hope to sell for around 220k or so. Our principal is at 155K. So we would be leaving with money from the closing. We have not lived there in 4 years. I can't imag...
by an_asker
Wed Apr 19, 2017 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Should I tilt to Country of Birth in asset allocation?
Replies: 11
Views: 989

Re: Should I tilt to Country of Birth in asset allocation?

If you want to pay a premium for emotions, then that's cool--I don't think there's a logical math case to be made for it, though. Otherwise a widely diversified portfolio is going to balance out all the world's currency risks. My educated guess being that it is the same country as my motherland, it...
by an_asker
Tue Apr 18, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Another Tax Question
Replies: 5
Views: 493

Re: Another Tax Question

Please let me know how I can rephrase the question, or add additional information to make my question easier to answer, thank you! Really need advice. The question is confusing. - how did you end up with the refund for exactly the extra amount that you are liable for? - did you already file the ame...
by an_asker
Tue Apr 18, 2017 8:55 am
Forum: Personal Consumer Issues
Topic: If a doctor takes your insurance, must they accept the negotiated rate?
Replies: 62
Views: 4478

Re: If a doctor takes your insurance, must they accept the negotiated rate?

Something similar happened to me at the dentist. The dentist's office estimated my cost at >$1,000 and I had to pay up front. Later, when I got the EOB from the insurance company, it listed the "patient payment" portion at ~$800. So I called the dentist's office, referenced the EOB, and g...
by an_asker
Tue Apr 18, 2017 8:39 am
Forum: Personal Consumer Issues
Topic: If a doctor takes your insurance, must they accept the negotiated rate?
Replies: 62
Views: 4478

Re: If a doctor takes your insurance, must they accept the negotiated rate?

Amazing how hard it is to collect after someone has already received their services. Amazing how one can expect the patient to pay, when the amount is not even known at the time of service. Bingo! The fees are known up front. The patient agrees to them in writing and has the choice to go elsewhere ...
by an_asker
Tue Apr 18, 2017 8:35 am
Forum: Personal Consumer Issues
Topic: If a doctor takes your insurance, must they accept the negotiated rate?
Replies: 62
Views: 4478

Re: If a doctor takes your insurance, must they accept the negotiated rate?

Amazing how hard it is to collect after someone has already received their services. Amazing how one can expect the patient to pay, when the amount is not even known at the time of service. +1! The services are rendered pending insurance payments. If the doctor cannot afford to do so, front office ...
by an_asker
Mon Apr 17, 2017 11:00 pm
Forum: Personal Consumer Issues
Topic: How to be a good parent to an introverted kid
Replies: 29
Views: 2404

Re: How to be a good parent to an introverted kid

I agree with the other three answers above. Pushing him into making more friends will make him unhappy. I'm one of the introverts as well. I've got more friends online than in real life. Nothing wrong in that (at least, so I say!!). Well maybe it is a demerit when it comes to peer reviews (if boss d...
by an_asker
Mon Apr 17, 2017 10:54 pm
Forum: Personal Consumer Issues
Topic: Doctor fees - Insured vs uninsured patients
Replies: 23
Views: 2083

Re: Doctor fees - Insured vs uninsured patients

I am an employed physician and have no authority over the amount that a patient is charged. It is anticipated that the proportion of employed physicians will increase. I am finding it tough to believe that first sentence. If an uninsured patient comes to a doctor's office seeking treatment for a fe...
by an_asker
Mon Apr 17, 2017 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: HSA contributions for filing taxes
Replies: 23
Views: 1453

Re: HSA contributions for filing taxes

Spirit Rider, that was exactly what I was looking for. Thank you for the clear explanation! OP: I am confused. Let's see if I can understand this better. I don't have the numbers in front of me, so let's assume that the HSA contribution limits for both 2016 and 2017 are $3,350. Is the following sce...
by an_asker
Mon Apr 17, 2017 1:39 pm
Forum: Personal Consumer Issues
Topic: If a doctor takes your insurance, must they accept the negotiated rate?
Replies: 62
Views: 4478

Re: If a doctor takes your insurance, must they accept the negotiated rate?

I am on a HDHP that is structured as follows: $4000 individual/family deductible $4001-$8000 is 20% coinsurance $8001+ is 100% covered My employer is nice enough to provide us $4000 in an Health Reimbursement Account (HRA) to cover our deductible. This takes the form of a Visa Debit Card. We have t...
by an_asker
Mon Apr 17, 2017 1:18 pm
Forum: Personal Consumer Issues
Topic: how much is reasonable amount to spend [on gymnastics]
Replies: 42
Views: 2977

Re: how much is reasonable amount to spend

My daughter is 11 and studies piano, violin, ballet, modern, and swimming. She is also a top student in a well regarded private school. Honestly, we pay a lot for her to do these things. Her activities are about $1,000/month and private school is another $25k/year. It's worth it to us because she i...
by an_asker
Mon Apr 17, 2017 1:09 pm
Forum: Personal Consumer Issues
Topic: how much is reasonable amount to spend [on gymnastics]
Replies: 42
Views: 2977

Re: how much is reasonable amount to spend [on gymnastics]

Hello: I just want to see how many of you out there will pay $200 per month for gymnastic for a daughter. I do not like gymnastic but she LOVES it and does well on competition. $75 per meet fee and $ 200 for competition leotard. I want to stop, not because I can't afford it, but because i think she...
by an_asker
Mon Apr 17, 2017 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Closing my oldest credit card
Replies: 19
Views: 1907

Re: Closing my oldest credit card

Hello Bogleheads, I am thinking about closing my oldest credit card, for a number of reasons. One of them being that I will leave California next year and will have to sever all ties with the state, including closing my bank account here - so closing the card that goes with it.[...] Should I close ...
by an_asker
Mon Apr 17, 2017 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Closing my oldest credit card
Replies: 19
Views: 1907

Re: Closing my oldest credit card

I don't see how closing one credit card account (even though it is the oldest) would be a deal breaker, unless your credit score right now is on the cusp of the good/better or the better/best borders. For most lenders*, the credit score is used just to determine whether you will be a good candidate ...
by an_asker
Mon Apr 17, 2017 12:46 pm
Forum: Personal Consumer Issues
Topic: Doctor fees - Insured vs uninsured patients
Replies: 23
Views: 2083

Re: Doctor fees - Insured vs uninsured patients

I've seen the rate vary a lot. [...] In non-hospital (outpatient) settings, it is not uncommon for nonurgent evaluations and studies to be billed at a significantly LOWER rate than the insured rate as you are finding out, but there is a lot of variability - a lot more than the hospital systems wher...
by an_asker
Mon Apr 17, 2017 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: HSA contributions for filing taxes
Replies: 23
Views: 1453

Re: HSA contributions for filing taxes

OP: I am confused. Let's see if I can understand this better. I don't have the numbers in front of me, so let's assume that the HSA contribution limits for both 2016 and 2017 are $3,350. Is the following scenario (somewhat) correct? - for 2016 HSA, you contributed a total of $x from your paychecks i...
by an_asker
Mon Apr 17, 2017 11:04 am
Forum: Personal Consumer Issues
Topic: Telephone Problem
Replies: 10
Views: 700

Re: Telephone Problem

[...]Why would this make you smack your own head?[...] Makes me feel old, that's why!! But I guess you are right; even folks who are at about 35 should've been exposed to such a phone. BTW, I just found an unused roll of (photo) film last weekend. Plan to show it to DD - I don't think she's feature...
by an_asker
Mon Apr 17, 2017 11:04 am
Forum: Investing - Help with Personal Investments
Topic: sold stock - what about taxes?
Replies: 16
Views: 964

Re: sold stock - what about taxes?

I had some stock that I've held on to for years and recently sold (in feb) to lock in gains before buying a house in the next year or two. I use Vanguard. How do I handle the tax consequences of this sale? I guestimate that I'll owe about $3k in taxes. Assuming you can swing it, get a credit card o...
by an_asker
Mon Apr 17, 2017 10:56 am
Forum: Investing - Theory, News & General
Topic: Just for Fun... Let's Pick a Daily Over / Under
Replies: 9
Views: 1102

Re: Just for Fun... Let's Pick a Daily Over / Under

StevieG72 wrote:Over for 4/17....

Is this actionable?

IBTL?

What a conundrum: If/when a moderator locks it, that would count as an action :oops:

PS: I wonder if I can edit a post on a thread that's locked ;-)
by an_asker
Mon Apr 17, 2017 10:53 am
Forum: Personal Consumer Issues
Topic: Telephone Problem
Replies: 10
Views: 700

Re: Telephone Problem

Kenkat wrote:Older phones like that might have a switch that lets you set the phone to use tone dialing or pulse dialing which simulated the old clicks the manual rotary dial phones used to generate (I am showing my age).[...]

I confess I've actually used such a phone!! :oops:
by an_asker
Mon Apr 17, 2017 10:36 am
Forum: Investing - Help with Personal Investments
Topic: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?
Replies: 86
Views: 5775

Re: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?

[...]Vanguard has better low expense fund selection, [...] That is not really true. Schwab's basic index funds have lower expense ratios than corresponding Vanguard funds. I would suggest that OP figure out an asset allocation, go with Schwab, put half the funds right now per asset allocation; then...
by an_asker
Mon Apr 17, 2017 9:34 am
Forum: Investing - Help with Personal Investments
Topic: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?
Replies: 86
Views: 5775

Re: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?

retiredjg wrote:[...]Schwab's mutual fund lineup is weak. Their strength lies in ETFs.

Why do you say that?

Schwab S&P 500 Index SWPPX 0.03%
Schwab Total Stock Market Index SWTSX 0.03%
Schwab Small Cap Index Fund SWSSX 0.05%
Schwab International Index SWISX 0.06%
by an_asker
Mon Apr 17, 2017 9:29 am
Forum: Investing - Help with Personal Investments
Topic: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?
Replies: 86
Views: 5775

Re: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?

[...]Vanguard has better low expense fund selection, [...] That is not really true. Schwab's basic index funds have lower expense ratios than corresponding Vanguard funds. I would suggest that OP figure out an asset allocation, go with Schwab, put half the funds right now per asset allocation; then...
by an_asker
Mon Apr 17, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: 20yr fixed, 30yr fixed, or 7/1 ARM
Replies: 48
Views: 3007

Re: 20yr fixed, 30yr fixed, or 7/1 ARM

[...]Thanks! We are just getting to understand ARM loans (never had one) since we are about to get a 10/1 ARM at 3.5%, but it will be paid off in 9 years or less. We are considering the 7/1 ARM as well given our lump sum options and early payment plan. Not yet decided. For the 10/1 ARM, we need to ...
by an_asker
Mon Apr 17, 2017 9:10 am
Forum: Personal Finance (Not Investing)
Topic: 20yr fixed, 30yr fixed, or 7/1 ARM
Replies: 48
Views: 3007

Re: 20yr fixed, 30yr fixed, or 7/1 ARM

In your position, if I could afford to (based on the numbers I think I saw, you can), I would take the 7/1 ARM and make payments equivalent to that 20-year fixed at 3.875%. Applying the difference to the principal, of course! The 7/1 ARM payment is $1248/mo. The 20 year at 3.875% is $1583/mo. I thi...
by an_asker
Mon Apr 17, 2017 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Would you ever rent a house to a family member?
Replies: 21
Views: 1269

Re: Would you ever rent a house to a family member?

I bought the house my parents live in for their retirement. I'm paying off my retirement home now, while they get to live there without worrying about paying rent or a mortgage in their retirement. This makes their SS and other retirement income go a bit further towards increasing their quality of ...
by an_asker
Mon Apr 17, 2017 8:48 am
Forum: Personal Consumer Issues
Topic: Doctor fees - Insured vs uninsured patients
Replies: 23
Views: 2083

Doctor fees - Insured vs uninsured patients

I know this topic could get controversial pretty quickly, so let me lay out exactly why I am asking this question and what I am expecting. I am on an HMO while the rest of the family is on HDHP. On the HDHP visits, I have noticed that we've been billed amounts that appear to be outrageous (when comp...
by an_asker
Sun Apr 16, 2017 6:43 pm
Forum: Personal Consumer Issues
Topic: Insurance, doctors and writing off owed money
Replies: 21
Views: 1757

Re: Insurance, doctors and writing off owed money

Sounds like this is what happened: Doctor tells patient that the bill is $0. Patient insists on paying, so doctor sends bill of $30. Patient calls and gives doctor insurance information and doctor revises bill to $50 and submits it to insurance company. Insurance company pays doctor $40 and leaves ...
by an_asker
Sun Apr 16, 2017 8:10 am
Forum: Personal Consumer Issues
Topic: Insurance, doctors and writing off owed money
Replies: 21
Views: 1757

Re: Insurance, doctors and writing off owed money

or, just pay for services rendered. Logically speaking, doctor rendered services worth $100 (satisfied with $100 payment from uninsured), but the insurance rendered services worth negative $100 (without insurance, bill was $100 but with insurance, it was $200). So, the way I look at it, by paying i...
by an_asker
Sat Apr 15, 2017 11:57 pm
Forum: Personal Consumer Issues
Topic: Insurance, doctors and writing off owed money
Replies: 21
Views: 1757

Insurance, doctors and writing off owed money

Need help understanding this. DW went to a family friend (a doctor) for consultation. Friend did not want her to pay, but DW insisted. So, she got mailed an invoice. However, DW then noticed that the invoice did not include insurance information. So she called the office and submitted that informati...
by an_asker
Sat Apr 15, 2017 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: HSA contributions for filing taxes
Replies: 23
Views: 1453

Re: HSA contributions for filing taxes

I have read and re-read that piece a few times (but it has been a couple of years since I last did so), and have to confess that I haven't figured out what it really means in plain English. Is the following a good summary? If you are eligible for HDHP/HSA anytime during a year, if you then keep tha...
by an_asker
Fri Apr 14, 2017 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: What constitutes "a lot" of money?
Replies: 79
Views: 10076

Re: What constitutes "a lot" of money?

"A lot" of money to me just keeps going up and up and up... When I first entered the workforce almost 10 years ago: -A couple hundred dollars could sustain me for months (excluding rent). - I thought the only people who made $100k+ were fortune 500 VPs and above. They were rich beyond com...
by an_asker
Fri Apr 14, 2017 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: HSA contributions for filing taxes
Replies: 23
Views: 1453

Re: HSA contributions for filing taxes

If you have the HDHP on 12/1, under the last month rule you are considered to have the HDHP the entire year. However, there is also a 12 month testing period going forward under which loss of the HDHP results in additions to the following year income plus penalty: Pub 969: Last-month rule. Under th...
by an_asker
Fri Apr 14, 2017 9:35 am
Forum: Personal Finance (Not Investing)
Topic: What constitutes "a lot" of money?
Replies: 79
Views: 10076

Re: What constitutes "a lot" of money?

TheTimeLord wrote:Love hearing about all the 8 digit portfolios.

I probably have a 12 digit portfolio ... in Zimbabwean currency ;-)
by an_asker
Fri Apr 14, 2017 9:28 am
Forum: Personal Finance (Not Investing)
Topic: 20yr fixed, 30yr fixed, or 7/1 ARM
Replies: 48
Views: 3007

Re: 20yr fixed, 30yr fixed, or 7/1 ARM

Alright folks, so here are my numbers: 7/1 ARM: 3.375% with a 5% immediate adjustment cap (and 5% lifetime) when the lock expires. 30 year fixed: 4.125% 20 year fixed: 3.875% The 30 year fixed is also available at 4.25% with a $2000 lender credit, ARM is available at 3.625 with a $1700 credit, and ...
by an_asker
Fri Apr 14, 2017 8:57 am
Forum: Investing - Help with Personal Investments
Topic: HSA contributions for filing taxes
Replies: 23
Views: 1453

Re: HSA contributions for filing taxes

Hello everyone, I recently maxed out my HSA for 2016 and I wasn't sure how they are supposed to be filed. When I started my new job last year, I had an HSA from October thru the end of the year. During this time, contributions were made solely by my employer. After the new year, I started chipping ...
by an_asker
Fri Apr 14, 2017 8:12 am
Forum: Personal Finance (Not Investing)
Topic: What constitutes "a lot" of money?
Replies: 79
Views: 10076

Re: What constitutes "a lot" of money?

Do (or should) the daily dollar gyrations of your portfolio affect your view of how much money is "a lot." For example, if you had a million dollar 50/50 portfolio that on any given day could be up or down by, say, $5,000, would you view $5,000 as a dollar amount you'd be comfortable spen...
by an_asker
Thu Apr 13, 2017 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: 20yr fixed, 30yr fixed, or 7/1 ARM
Replies: 48
Views: 3007

Re: 20yr fixed, 30yr fixed, or 7/1 ARM

beavers1505 wrote:So, correct me if I'm wrong, but what I'm gathering from you all is that my wisest decision would be to either a.) take the 20 year and pay the higher note, or b.) take the 7/1 ARM and make the higher payment.

Did you come back and post about the rate on the 7/1 ARM? I don't think I saw it.

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