Search found 8914 matches

by dm200
Wed May 25, 2016 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: 84 Year Old Aunt selling small farm
Replies: 8
Views: 625

Re: 84 Year Old Aunt selling small farm

If she buys another home, her income will not match her habits of continuous adding projects and shopping. Rentals are problematic as she is in NJ and has 2 dogs which are her prime company. She is spoiled, never budgeted and just gets what she wants. If she is selling a "small farm", the...
by dm200
Wed May 25, 2016 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Why is social security paying so low?
Replies: 20
Views: 2461

Re: Why is social security paying so low?

Another way to express some of the other posts is that (within the maximum SS taxable income limits), the higher your income the less you receive in retirement benefits as a proportion of the taxes "contributed" to income. This is statutory and by design and intest of the law.
by dm200
Wed May 25, 2016 8:46 am
Forum: Personal Finance (Not Investing)
Topic: FICO Score - Can You Explain This
Replies: 18
Views: 2050

Re: FICO Score - Can You Explain This

Without going into the details, I recently signed up for Credit karma - and my scores there were MUCH lower than other scores I have seen for me.
by dm200
Tue May 24, 2016 8:42 pm
Forum: Personal Consumer Issues
Topic: Car rental deals
Replies: 14
Views: 1006

Re: Car rental deals

I have rented from Enterprise several times in the last 12-18 months. Very good rate with unlimited mileage. Each time, got larger/nicer car than the daily rate paid.
by dm200
Tue May 24, 2016 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: 2 Big Companies merging = no severance package?
Replies: 24
Views: 2100

Re: 2 Big Companies merging = no severance package?

So I work for a big company who is in the midst of merging with another big company. Currently the company I work for has a 1 month pay per 1 year worked severance policy (being there 12 years I would have a decent severance coming to me, should I lose my job after the merger). A coworker of mine t...
by dm200
Tue May 24, 2016 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Advice on Wife's Credit
Replies: 21
Views: 2042

Re: Advice on Wife's Credit

There are, in my opinion, two somewhat separate issues here. One is the credit report and the other is the legal obligation. While I am NOT an attorney, it is my understanding that if there is, indeed, a legitimate legal obligation for these obligations, that legal obligation does not go away just ...
by dm200
Mon May 23, 2016 5:50 pm
Forum: Personal Consumer Issues
Topic: Canada driving [Oregon US to Novia Scotia - What to see?]
Replies: 25
Views: 1670

Re: Canada driving

PoppyA wrote:Don't know if it's out of the way, but Niagra Falls is one of the wonders of the world. I really love it.


I agree.
by dm200
Mon May 23, 2016 12:45 pm
Forum: Investing - Theory, News & General
Topic: irreverent??? [Bogleheads' Guide to Investing]
Replies: 19
Views: 2278

Re: irreverent???

I have sometimes been described as "irreverent". Usually, I take it as a compliment. :happy
by dm200
Mon May 23, 2016 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Advice on Wife's Credit
Replies: 21
Views: 2042

Re: Advice on Wife's Credit

There are, in my opinion, two somewhat separate issues here. One is the credit report and the other is the legal obligation. While I am NOT an attorney, it is my understanding that if there is, indeed, a legitimate legal obligation for these obligations, that legal obligation does not go away just b...
by dm200
Mon May 23, 2016 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Deferred Comp: How long do you trust your company?
Replies: 47
Views: 3786

Re: Deferred Comp: How long do you trust your company?

While I cannot cite statistices, I believe many companies have gone from the appearance of being solid financially to bankruptcy in just a year or two. Also, to be clear, my understanding of this topic "deferred comp" refers to arrangements where this "deferred comp" is considere...
by dm200
Sun May 22, 2016 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Deferred Comp: How long do you trust your company?
Replies: 47
Views: 3786

Re: Deferred Comp: How long do you trust your company?

I have never had that choice or opportunity. However, as best I understand such "deferred compensation", it is an "asset" of the employer company and has no (or nearly no) protection from creditors or bankruptcy. Therefore, I would consider it "high risk".
by dm200
Sun May 22, 2016 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Tenant stops paying rent and refuses to show the house for prospective buyers
Replies: 43
Views: 8149

Re: Tenant stops paying rent and refuses to show the house for prospective buyers

Update: Thank you all for your thoughtful comments and help. The tenant did not pay the rent for May but I was able to convince them to allow showings of the house. We received offers within 24 hours of listing and the tenant has requested that we allow them to move out one month ahead of the lease...
by dm200
Sun May 22, 2016 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Fed rate hike's affect to CD
Replies: 14
Views: 1473

Re: Fed rate hike's affect to CD

I'm looking for the group's collective experience, knowledge and most importantly your opinion to decide to buy the CD Now or After the anticipated Fed rate hike this summer. I appreciate all the great feedback. I do understand the Fed rate is not directly tied to CD rates. My plan is to have the C...
by dm200
Sun May 22, 2016 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Synchrony Bank raises EWP
Replies: 9
Views: 1293

Re: Synchrony Bank raises EWP

Many financial institutions (banks and credit unions) are recognizing that when there are low EWPs, they are subject to outflow of funds when rates rise. They are doing this to be compensated when money flows out
by dm200
Sun May 22, 2016 8:50 am
Forum: Investing - Theory, News & General
Topic: Deconstructing DC area home price gains
Replies: 1
Views: 275

Re: Deconstructing DC area home price gains

Folks I'm trying to determine how much of the price gain in Wash. DC area since 1987 is attributed to inflation and how much is attributed to the decline in mortgage rates. Here's my attempt and any comments are appreciated: -Since 1987 the Case Shiller Home Price Index for the Washington DC area h...
by dm200
Sat May 21, 2016 3:05 pm
Forum: Personal Consumer Issues
Topic: Advice w/ 62YO Mom Moving In - Rent? Resentment? Plans?
Replies: 95
Views: 7650

Re: Advice w/ 62YO Mom Moving In - Rent? Resentment? Plans?

You have to be pretty young, I suspect, to consider 62 to be elderly.


I am 70 - and would not describe myself as "elderly" either! :happy
by dm200
Sat May 21, 2016 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Same or different Executors for Spouses?
Replies: 13
Views: 767

Re: Same or different Executors for Spouses?

My wife and I named each other as the primary executor.

Wouldn't that make the most sense for most folks? I would not be happy, for example, if my wife pre-deceased me and the executor was someone other than me.
by dm200
Sat May 21, 2016 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Buying our 1st House. What do you do when you can only put down 15% instead of 20%?
Replies: 56
Views: 3532

Re: Buying our 1st House. What do you do when you can only put down 15% instead of 20%?

Even in the last several years, I occasionally hear advertisements from several large credit unions promoting low down payment mortgages. Have you checked out any credit unions for mortgages?
by dm200
Fri May 20, 2016 7:07 pm
Forum: Investing - Theory, News & General
Topic: Ally reduces 5 year CD rate
Replies: 16
Views: 2761

Re: Ally reduces 5 year CD rate

I buy laddered CDs for an organization I manage (part time). Late last year, I purchased a five year brokered CD at 2.40%. Now, such a CD is 1.45%. A local credit union during this whole time has offered five year certificates (CDs) at 2.00%. SO, now I am buying the ones from that credit union.
by dm200
Fri May 20, 2016 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on Wife's Credit
Replies: 21
Views: 2042

Re: Advice on Wife's Credit

Barring some unusual circumstances, I strongly disagree. I believe very strongly that the OP wife should pay an obligation. Doing otherwise is, in my opinion, very, very dishonest. OP doesn't even know what the charges were for or recognize the account... OP has also not been contacted by creditors...
by dm200
Fri May 20, 2016 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: MIL selling Her Sister's House; How to gift the proceeds
Replies: 9
Views: 780

Re: MIL selling Her Sister's House; How to gift the proceeds

I'm not an elder care attorney, but I don't think Medicare covers assisted living facilities. I think Medicaid does and it has a five year look back for assets, so any gifts or transfers made within five years of her requiring Medicaid assisted living will be subject to penalties. Please advise you...
by dm200
Fri May 20, 2016 6:53 pm
Forum: Personal Consumer Issues
Topic: Food waste because of date labeling
Replies: 26
Views: 1564

Re: Food waste because of date labeling

Same things with drugs. They did a study and found 10 years after the expiration date most drugs were still effective. Certain antibiotics were an exception. Some were even potent after 40 years! Speaking of drugs ... I won't go into the medical details, but I intermittently take an expensive presc...
by dm200
Fri May 20, 2016 4:41 pm
Forum: Personal Consumer Issues
Topic: Food waste because of date labeling
Replies: 26
Views: 1564

Re: Food waste because of date labeling

It is not just about me (or my wife and I). 1. MY tax dollars are often wasted when those who are supported (fed) by MY tax dollars have to have more money spent to replace the discarded food. 2. Organizations (charities, etc.) that I support with MY donations pitch our perfectly good food because o...
by dm200
Fri May 20, 2016 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on Wife's Credit
Replies: 21
Views: 2042

Re: Advice on Wife's Credit

in your situation, do not bother paying the creditors. it will do nothing to help your score and it won't get them off your report any sooner. those chargeoffs are a cost of doing business and baked into the cost of goods. *flame suit on* :beer Barring some unusual circumstances, I strongly disagre...
by dm200
Fri May 20, 2016 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Fed rate hike's affect to CD
Replies: 14
Views: 1473

Re: Fed rate hike's affect to CD

Hello All, I'm looking for some guidance. To prepare for retirement (approximately 3 years off) I am building a 5 year CD ladder. The last CD was purchased approximately 4-5 months ago before the Fed rate increase. It has a 5 year term and pays 2.35%. Today the same CD through the same institution ...
by dm200
Fri May 20, 2016 11:57 am
Forum: Investing - Theory, News & General
Topic: Ally reduces 5 year CD rate
Replies: 16
Views: 2761

Re: Ally reduces 5 year CD rate

This is consistent with the similar drop in these terms of brokered CDs,
by dm200
Fri May 20, 2016 11:37 am
Forum: Personal Consumer Issues
Topic: Food waste because of date labeling
Replies: 26
Views: 1564

Food waste because of date labeling

This is a "hot button" of mine. While certainly beneficial in many respects, tons of perfectly good food is put in dumpsters because of misuse of such dates. https://www.washingtonpost.com/news/food/wp/2016/05/19/the-simple-labeling-update-that-could-prevent-millions-of-tons-of-food-from-g...
by dm200
Fri May 20, 2016 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Advice on Wife's Credit
Replies: 21
Views: 2042

Re: Advice on Wife's Credit

I have a few questions regarding my wife's credit report and would appreciate some advice. Background is...we haven't really been monitoring credit reports for ourselves :oops: , but just decided to start getting the free ones 3X per year, one at a time spaced out. I always kinda knew her credit wa...
by dm200
Thu May 19, 2016 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Starting Point For Navigating Through Medicare Maze
Replies: 19
Views: 1153

Re: Starting Point For Navigating Through Medicare Maze

Some MA/MC (Medicare Advantage or Medicare Cost) plans have dedicated physicians in their own facilities, while others use Physicians that operate in their own offices. Our Kaiser plan, for example, uses only (with some rare exceptions for certain unusual specialties) ther own in house physicians. O...
by dm200
Thu May 19, 2016 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Most affordable option for a will
Replies: 61
Views: 3611

Re: Most affordable option for a will

It is my opinion, and what my wife and I tried to do, that spending a bit more on good estate planning (wills and/or trusts) providing for "what ifs" and contingencies (such as additional children) can cause the documents to be good/appropriate for a longer time. That could mean that on a ...
by dm200
Thu May 19, 2016 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Getting married and how to quit my job. This is follow-up post earlier post
Replies: 16
Views: 1540

Re: Getting married and how to quit my job. This is follow-up post earlier post

I would, to a degree, tell the truth -- but phrase it, perhaps, in a different way. Instead of saying you are leaving "for a long honeymoon", I might phrase it that with this upcoming marriage, you are now able, at this point in your life, to spend some expended time evaluating future care...
by dm200
Thu May 19, 2016 9:07 am
Forum: Personal Consumer Issues
Topic: day trip or 2day trips from Boston
Replies: 25
Views: 1200

Re: day trip or 2day trips from Boston

The Boston Pops has a concert on May 27 at Symphony Hall. https://www.bso.org/
by dm200
Thu May 19, 2016 8:54 am
Forum: Personal Consumer Issues
Topic: day trip or 2day trips from Boston
Replies: 25
Views: 1200

Re: day trip or 2day trips from Boston

It has been many years, but Plymouth was a fascinating area to visit. Of course, "Plymoth Rock" -- BUT, the recreatred Plymouth colony with folks assuming the roles of actual colonists was fascinating. They speak with you as though it is the 1620's.
by dm200
Wed May 18, 2016 3:58 pm
Forum: Personal Consumer Issues
Topic: Advice w/ 62YO Mom Moving In - Rent? Resentment? Plans?
Replies: 95
Views: 7650

Re: Advice w/ 62YO Mom Moving In - Rent? Resentment? Plans?

My mother will be moving in with us soon. We knew this was inevitable, but never imagined it would happen this soon. I'm feeling a little out of sorts about it all and have been reading as much as I can here and elsewhere. However, every situation seems unique and so, I'm here to ask for advice. He...
by dm200
Wed May 18, 2016 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: A situation to consider leasing a car?
Replies: 16
Views: 1203

Re: A situation to consider leasing a car?

having a vehicle shipped 3000 miles might cost you less than you think. if you shop around, you can get it done for probably $500-$1000. I know that it all depends on the specifics, but it is not uncommon that employers may pay/reimburse a car (or cars) move as part of relocation benefits. I would ...
by dm200
Wed May 18, 2016 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Recast a mortgage right at the begining
Replies: 25
Views: 1772

Re: Recast a mortgage right at the begining

Why not just pay down a signficant lump sum to be applied to principal only. Then just plan on making the required monthly payments on the original loan unless and until other significant changes happen?
by dm200
Wed May 18, 2016 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: A situation to consider leasing a car?
Replies: 16
Views: 1203

Re: A situation to consider leasing a car?

In this situation, I do see your points about the possible benefits of leasing - although for the most part I lean towards purchasing rather than a lease. The specific issue I would be concerned about is the "approximately" 3 years schedule. I would want to make sure there was, or could be...
by dm200
Wed May 18, 2016 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Tip on fees for account "overdrafts"
Replies: 9
Views: 741

Re: Tip on fees for account "overdrafts"

My credit union allows for a personal line-of-credit ($1000). If you apply for this overdraft L-o-C, an overdraft (less than $1000) borrows from the line-of credit without any overdraft fee. As I recall (haven't had a balance that low for 10-15 years), when I repaid the overdraft loan within a few ...
by dm200
Wed May 18, 2016 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Tip on fees for account "overdrafts"
Replies: 9
Views: 741

Re: Tip on fees for account "overdrafts"

That is not how my bank or credit union accounts work. They all have similar variations of three overdraft settings: Overdraft: ATM, debit, check, online bill pay, and ACH debits are all covered at the discretion of the bank. Default: (they call this by different names). ATM and debit card transact...
by dm200
Tue May 17, 2016 8:46 pm
Forum: Personal Consumer Issues
Topic: Elliptical trainer
Replies: 43
Views: 1952

Re: Elliptical trainer

But yes it is off topic. The OP wants an ellipitical machine not a critique of his program. For that I would say buy the 2k machine from the guy who bought it and isn't using it. The low end machines tend to be low quality (the move a lot, loud, and not smooth motion). Somewhere in the 1500 range y...
by dm200
Tue May 17, 2016 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Tip on fees for account "overdrafts"
Replies: 9
Views: 741

Tip on fees for account "overdrafts"

Another topic's posts brings up a potential tip for possibly saving money on fees for checking accounts. Either because they choose to do so, or because of the way some debit card transactions post, a bank or credit union may overdraft your account (that is pay checks or debits that bring your accou...
by dm200
Tue May 17, 2016 5:51 pm
Forum: Personal Consumer Issues
Topic: Elliptical trainer
Replies: 43
Views: 1952

Re: Elliptical trainer

But it doesn't do anything you can't get out of calisthenic exercises, and and does nothing to address the biggest hole in most people's exercise plans- strength training. I seriously doubt I could do calisthenic exercises for 20-30 minutes continuously. Aerobic vs strength training is not either o...
by dm200
Tue May 17, 2016 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Starting Point For Navigating Through Medicare Maze
Replies: 19
Views: 1153

Re: Starting Point For Navigating Through Medicare Maze

Forget Medicare advantage unless you don't travel. I do not agree. Medicare Advantage (MA) plans vary greatly by provider and location, as do the similar Medicare Cost (MC) plans. I have a Kaiser Medicare Cost plan and it is wonderful - high quality medical services and low cost. In addition, altho...
by dm200
Tue May 17, 2016 5:08 pm
Forum: Personal Consumer Issues
Topic: Elliptical trainer
Replies: 43
Views: 1952

Re: Elliptical trainer

As part of my almost daily exercise routine, I use an ellipical 2-4 times a week. There are several different models that I use. Based on my "huffing, puffing, heart rate, sweating" I believe I am doing sufficient intensity for getting benefits of using an elliptical. Because there is no p...
by dm200
Tue May 17, 2016 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Bankrate: Do Credit Unions Have an Overdraft Problem?
Replies: 18
Views: 1191

Re: Bankrate: Do Credit Unions Have an Overdraft Problem?

Two comments: 1) I do not overdraft my accounts. Problem solved. My account fees are subsidized by those who do. (Tax on those bad at math?) 2) While it is an interesting article, it is not actionable. There is nothing that I can do about this, and no legal ban of overdraft fees is in place (or at ...
by dm200
Tue May 17, 2016 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Most affordable option for a will
Replies: 61
Views: 3611

Re: Most affordable option for a will

What's a good but affordable option for a will/estate. I'm in Colorado. Very simple: 1. Have brother get kids (in event of death). 2. Have brother use life insurance/savings to raise kids til 18 and then give leftover to split between them. Seems simple enough that there should just be a form that ...
by dm200
Tue May 17, 2016 11:12 am
Forum: Investing - Theory, News & General
Topic: Vanguard's bond desk shows no 7 nor 10 year brokered CDs
Replies: 10
Views: 1084

Re: Vanguard's bond desk shows no 7 nor 10 year brokered CDs

yes - no 4 year ones either and rates on ones over than 1 year are much lower in the last few months.
by dm200
Tue May 17, 2016 11:03 am
Forum: Personal Finance (Not Investing)
Topic: options other than paying ex spouse from TSP
Replies: 7
Views: 684

Re: options other than paying ex spouse from TSP

I'd suggest you consult an attorney. You would likely be violating a valid retirement benefits court order. The TSP money will go into a tax-advantaged account for your to be ex-spouse. He or she is unlikely to accept taxable money in lieu of that unless you are offering considerably more money to ...
by dm200
Tue May 17, 2016 10:55 am
Forum: Personal Consumer Issues
Topic: Elliptical trainer
Replies: 43
Views: 1952

Re: Elliptical trainer

I regularly use various ellipticals at the community gyms in my locality. One of the "debates" (almost religious fervor) among other users is the "arms" vs "no-arms" [Some include arms that can be used, others do not). I would try various types - BEFORE buying one. The ...

Go to advanced search