Search found 9245 matches

by dm200
Mon Jul 25, 2016 11:10 pm
Forum: Personal Consumer Issues
Topic: Converting from Oil heat to Gas or Electric
Replies: 13
Views: 619

Re: Converting from Oil heat to Gas or Electric

I believe it is a furnace with forced air and I am pretty sure natural gas is available to the home as similar homes in the neighborhood have natural gas. I do not have any experience with Oil heat, but everyone is telling me to try to avoid oil heat if I can. I would NOT depend on what "every...
by dm200
Mon Jul 25, 2016 3:45 pm
Forum: Personal Consumer Issues
Topic: Canada vacation
Replies: 14
Views: 1255

Re: Canada vacation

I do not, personally, know details of health/medical/insurance matters when traveling in Canada, but an acquaintance of mine was seriously injured (not life threatening) when, as a pedestrian, was struck by a car in Montreal a few years ago. He had a severaly injured leg. He was very pleased with th...
by dm200
Mon Jul 25, 2016 3:07 pm
Forum: Personal Consumer Issues
Topic: Used car purchase (Rental) from dealer
Replies: 7
Views: 514

Re: Used car purchase (Rental) from dealer

No experience with this make/model, but some good friends of ours have been regular purchasers of late model, used minivans. They recently purchased a new Chrysler (perhaps Dodge nameplate) minivan because the "out the door" price of a new one was very little more than a used one. I also a...
by dm200
Mon Jul 25, 2016 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Liability insurance needed if renting apartment?
Replies: 11
Views: 440

Re: Liability insurance needed if renting apartment?

At a minimum, I would certainly get renters insurance that includes appropriate liability coverage.
by dm200
Mon Jul 25, 2016 2:25 pm
Forum: Personal Consumer Issues
Topic: Passport Nightmare
Replies: 17
Views: 2159

Re: Passport Nightmare

One additional thing to look at is what name is on the airline reservations since they may require that it be the same as on your passport. All the other people should check to make sure that their passports don't expire within six months of your expected return date. Some countries require that th...
by dm200
Mon Jul 25, 2016 2:17 pm
Forum: Personal Consumer Issues
Topic: Passport Nightmare
Replies: 17
Views: 2159

Re: Passport Nightmare

Contact your Congressman's office, they can typically assist in dealing with the Federal Bureaucracy - email and phone. Absolutely what I would do. In fact, many years ago, my then employer requested that I take a business trip to a far-away US territory. I was very willing to go, BUT refused to go...
by dm200
Mon Jul 25, 2016 1:25 pm
Forum: Personal Consumer Issues
Topic: My experience with "older" used car
Replies: 39
Views: 2327

Re: My experience with "older" used car

You have to look at the big picture . $500 per year in repairs is a lot less than $500/month in car payments. Absolutely! There also is (or can be) the bias of "recency" . Just because we may have encounters several needed repairs in the last few months (or year) does not, necessarily, me...
by dm200
Mon Jul 25, 2016 8:27 am
Forum: Personal Consumer Issues
Topic: My experience with "older" used car
Replies: 39
Views: 2327

My experience with "older" used car

It has been almost a year since we purchased a late 90's Toyota Camry (under 75,000 miles), very well maintained, from long time friends. They gave us a good price as well. The car meets our current needs and has been generally reliable. I suspect that the "problems" we have had are typica...
by dm200
Mon Jul 25, 2016 8:13 am
Forum: Personal Consumer Issues
Topic: Converting from Oil heat to Gas or Electric
Replies: 13
Views: 619

Re: Converting from Oil heat to Gas or Electric

Anyone know the process or price of Converting a home from Oil heat to Gas or Electric? Looking at a home in PA that we want to make an offer on but that has Oil heating. 1. What kind of heat? Is it a "Boiler" with radiators or baseboard (hot water) or a furnace with forced air? 2. Is the...
by dm200
Mon Jul 25, 2016 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Selling MF with monthly dividend near end of month
Replies: 17
Views: 730

Re: Selling MF with monthly dividend near end of month

... The OP stated that the funds in question are bond funds that pay dividends monthly. Therefore, the accrued dividends are not reflected in the NAV, so (as best I understand) there is no benefit to waiting. Vanguard's Total International Bond Index Fund , VTIBX, and Emerging Markets Government Bo...
by dm200
Mon Jul 25, 2016 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Retirement for Women(?)
Replies: 34
Views: 2931

Re: Retirement for Women(?)

Thus, your blanket statement ("FACT"???) of "women (on average) collect more from such programs than men because women have longer life expectancies." might be true in a fictitious world where men and women earned the same over their careers. But in the real world in which we al...
by dm200
Sun Jul 24, 2016 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Selling MF with monthly dividend near end of month
Replies: 17
Views: 730

Re: Selling MF with monthly dividend near end of month

Can you remind us of whether the funds are in a tax-advantaged account or not? If so, it makes no difference. If not, there may be a small tax advantage to be had by selling them before the ex-dividend date, depending on what kind of funds they are, bond or otherwise. Can you remind us of what kind...
by dm200
Sun Jul 24, 2016 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Selling MF with monthly dividend near end of month
Replies: 17
Views: 730

Re: Selling MF with monthly dividend near end of month

As detailed on another thread, I'm helping my mother simply her 15 fund portfolio down to a 3, two of which are LifeStrategy funds. Right now I'm planning to go to her house (an hour away) on Tuesday (July 26) and we'll sit together at her computer and exchange her funds from current holdings to th...
by dm200
Sun Jul 24, 2016 8:55 am
Forum: Investing - Theory, News & General
Topic: Confusion about Synchrony Bank Early Withdrawal Penalty
Replies: 21
Views: 2135

Re: Confusion about Synchrony Bank Early Withdrawal Penalty

It's getting tough to find a 5-year CD with a competitive rate and an EWP of less than 360/365 days of interest. My local credit union still has 90 days EWP for up to one year CD and 180 days EWP for all other maturities. The CU does not offer CDs outside of its local field of membership. There are...
by dm200
Sat Jul 23, 2016 8:10 am
Forum: Investing - Help with Personal Investments
Topic: Help with leaving employment - rollover pension or leave it?
Replies: 19
Views: 878

Re: Help with leaving employment - rollover pension or leave it?

I would leave it, probably opt for survivor benefit. An IRA can be spent unwisely, on some occasions can be taken by legal judgment (happened to me) and, perhaps, some other advantages.
by dm200
Fri Jul 22, 2016 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Check Fraud
Replies: 24
Views: 2484

Re: Check Fraud

While the "letter" of the law and regulation is still that the written amount overrides the numbers, banks and credit union have become so automated that this is often overlooked. The same for verifying signatures. You were actually fortunate that the bank caught this at all. While I can u...
by dm200
Fri Jul 22, 2016 9:43 am
Forum: Personal Consumer Issues
Topic: Concierge medicine Worth It????
Replies: 115
Views: 9840

Re: Concierge medicine Worth It????

This is what we get when we give control to the government. http://www.kevinmd.com/blog/2015/02/sad ... l-use.html Thanks .. very interesting view on aspects of computerization of medical records. Some of this "automation" can lead to odd and/or conflicting information/treatments. Without...
by dm200
Fri Jul 22, 2016 9:21 am
Forum: Personal Consumer Issues
Topic: Concierge medicine Worth It????
Replies: 115
Views: 9840

Re: Concierge medicine Worth It????

Interesting. I live in Seattle and have been a patient of a Kaiser-like model for over 30 years. It is called Group Health. It has an extensive presence in the Northwest. A few months ago we heard that Kaiser will be taking it over. I guess it is hard to make it as a HMO. I'm glad to hear you are h...
by dm200
Thu Jul 21, 2016 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone had a POA rejected? [Power of Attorney]
Replies: 25
Views: 1396

Re: Anyone had a POA rejected?

It was/is common that financial institutions, brokers, etc. required their own forms for POA and/or would reject POAs as being "too old". In many (perhaps most) states that changed a few years ago. [Powers of Attorney are governed by state law] In Virginia, for example, a financial instit...
by dm200
Thu Jul 21, 2016 6:39 pm
Forum: Personal Consumer Issues
Topic: Price Limit on Used Car from Private Party
Replies: 10
Views: 631

Re: Price Limit on Used Car from Private Party

What I would also do, if you are not acquainted with the seller, is verify that he/she is telling the truth about the car; that is, if the seller claims to be the "original owner", you should be able to see documentation (such as the date the title was issued) of that alleged fact.
by dm200
Thu Jul 21, 2016 6:34 pm
Forum: Personal Consumer Issues
Topic: Concierge medicine Worth It????
Replies: 115
Views: 9840

Re: Concierge medicine Worth It????

Interesting. I live in Seattle and have been a patient of a Kaiser-like model for over 30 years. It is called Group Health. It has an extensive presence in the Northwest. A few months ago we heard that Kaiser will be taking it over. I guess it is hard to make it as a HMO. I'm glad to hear you are h...
by dm200
Thu Jul 21, 2016 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone had a POA rejected? [Power of Attorney]
Replies: 25
Views: 1396

Re: Anyone had a POA rejected?

It was/is common that financial institutions, brokers, etc. required their own forms for POA and/or would reject POAs as being "too old". In many (perhaps most) states that changed a few years ago. [Powers of Attorney are governed by state law] In Virginia, for example, a financial institu...
by dm200
Thu Jul 21, 2016 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage broker prohibiting me from refinancing
Replies: 18
Views: 2138

Re: Mortgage broker prohibiting me from refinancing

You're right, I do not want to do business with the broker again (it wasn't the best experience to begin with anyway). I wouldn't mind staying with the lender, but if they don't want to keep me, that's fine. There are a lot of lenders out there. I'm more concerned with the broker having told me I w...
by dm200
Thu Jul 21, 2016 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Should IRA lose money?
Replies: 30
Views: 1666

Re: Should IRA lose money?

As many have posted, an IRA describes attributes and tax treatment of the funds in that IRA. The investments inside can be very, very safe OR very, very risky. You make those choices. If you want to have very, very low (perhaps zero) risk - then one choice would be to open an IRA at a federally insu...
by dm200
Thu Jul 21, 2016 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Credit Union Help!
Replies: 8
Views: 668

Re: Credit Union Help!

Would like some advice regarding a loan. Have never taken out a loan before, except for our mortgage. We recently purchased a new car and had to finance through Nissan to get the $1750 discount. Now the loan is at 4.4% and just made my first payment. Spoke to them and there is no pre-payment penalt...
by dm200
Thu Jul 21, 2016 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage broker prohibiting me from refinancing
Replies: 18
Views: 2138

Re: Mortgage broker prohibiting me from refinancing

I did contact my current lender, and they will not allow me to refinance directly with them for the 6-month period. The customer service rep told me I was free to refinance with a different lender due to the no-prepayment-penalty. It makes sense that the broker might not be happy, and I guess he wo...
by dm200
Wed Jul 20, 2016 4:52 pm
Forum: Personal Consumer Issues
Topic: Bermuda cruise
Replies: 21
Views: 1592

Re: Bermuda cruise

I went on this exact cruise a couple years back and on the way to Bermuda they closed the outdoor areas because of rough seas. I assume it was because of the time of year (April) but it was an adventure. People were dropping like flies from seasickness and the shows and bars were deserted because p...
by dm200
Wed Jul 20, 2016 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage broker prohibiting me from refinancing
Replies: 18
Views: 2138

Re: Mortgage broker prohibiting me from refinancing

Why don't you go to a direct mortgage lender (such as a credit union) and see about refinancing. They would be able (without bias) to tell you if there are any paybacks required and why.
by dm200
Wed Jul 20, 2016 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Joint Term Life Insurance
Replies: 12
Views: 731

Re: Joint Term Life Insurance

It has been a long time, but I once looked into these. What I recall is that they are not that common and somewhat of a specialized offering. The theory is that if you need/want to insure on the life (death) of only one of two people, then that ought to be less risky/expensive for the insurance comp...
by dm200
Tue Jul 19, 2016 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement for Women(?)
Replies: 34
Views: 2931

Re: Retirement for Women(?)

Do you have a source for that fact? Does it factor in the fact that women (on average) earn less than men? No, it does not take any differences in earnings between women and men into account. That is why I highlighted that this is if all other factors are equal. The source is that Social Security m...
by dm200
Tue Jul 19, 2016 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement for Women(?)
Replies: 34
Views: 2931

Re: Retirement for Women(?)

There are many aspects to the topic of "retirement for women". Here are, in my opinion, two (of many) factors: 1. Life expectancy has increased for BOTH men and women. So, the impact of increased life expectancy does not only affect women. 2. In part because of the statutory and regulatory...
by dm200
Tue Jul 19, 2016 9:35 am
Forum: Personal Consumer Issues
Topic: Bermuda cruise
Replies: 21
Views: 1592

Re: Bermuda cruise

The beaches on the south side are wonderful. Pink sand (coral), clean water. I agree public transportation is good. On our second cruise there, my wife easily figured it out and it saved $ over taking a taxi. Children might actually like taking the bus. With 4, though, it might not save much over a ...
by dm200
Mon Jul 18, 2016 8:58 pm
Forum: Personal Consumer Issues
Topic: Bermuda cruise
Replies: 21
Views: 1592

Re: Bermuda cruise

What is the sleeping arrangement for the 4 of you? How old are the kids? When we tried to get 4 of us into a single cabin, one kid would have had to sleep on a pulldown bed hanging from the wall over the parents' bed. That was a " no go" for us for several reasons. Fortunately, we were tr...
by dm200
Mon Jul 18, 2016 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Dividing large sum among several banks - mechanics
Replies: 11
Views: 763

Re: Dividing large sum among several banks - mechanics

FYI Found this at Capital One site. (I Use CapOne 360 checking and money market) "Deposits are insured by the FDIC for up to $250,000 per depositor. A single account is insured up to $250,000. Joint accounts are 50/50 ownership and insured up to $250,000 for each individual on the account, equ...
by dm200
Mon Jul 18, 2016 1:11 pm
Forum: Personal Consumer Issues
Topic: Traveling to DC
Replies: 32
Views: 1672

Re: Traveling to DC

I have an unexpected trip to DC this week and was wondering if anyone has any recommendations for sites to see and places to eat with little lead time as far as a reservation. I'll be staying in Bethesda, but I think I can take the metro right in on the Red line? Thanks! The Washington Nationals ba...
by dm200
Mon Jul 18, 2016 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan [disposition in case of death?]
Replies: 7
Views: 450

Re: Student Loan [disposition in case of death?]

I think they expire with you! One "positive" thing about dying I suppose!? :) While individual debts are not "inherited" by those who are not parties to the obligations, the assets of the deceased are (or may be) subject to claims of creditors. I don't know the specifics of &quo...
by dm200
Mon Jul 18, 2016 12:46 pm
Forum: Personal Consumer Issues
Topic: Bermuda cruise
Replies: 21
Views: 1592

Re: Bermuda cruise

Is this a good plan? Plan: Aug 2 Adults 2 Children 7-Day Boston to Bermuda Norwegian Dawn Royal Naval Dockyard, Bermuda Inside room https://www.ncl.com/cruises/7-Day-Bermuda,-Round-trip-Boston?itineraryCode=DAWN7BOSWRFBOS As you already see, opinions differ. We went to Bermuda twice on cruises - on...
by dm200
Mon Jul 18, 2016 8:51 am
Forum: Investing - Help with Personal Investments
Topic: alternate to 5-year CD
Replies: 2
Views: 594

Re: alternate to 5-year CD

Last year, I purchased (for an organization I manage part-time) a 5 year brokered CD at 2.40%. The 5 year rate from a local credit union was 2.00%. The local credit union still offers 2.00%, while brokered CDs are about 1.75%.
by dm200
Fri Jul 15, 2016 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Due I need medical auto insurance-I have Medicare?
Replies: 9
Views: 791

Re: Due I need medical auto insurance-I have Medicare?

Spoke with my State Farm agent today. She thought that since I have Medicare & a secondary health insurer, I should consider dropping my "medical payments" in my auto policy. Also,since I have a 2003 Honda Accord with 124,000 miles, I should probably drop collision coverage as well. S...
by dm200
Fri Jul 15, 2016 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: I created dependency, now what?
Replies: 50
Views: 5342

Re: I created dependency, now what?

This hardly, in my opinion, seems to be a case of actually, in the bad sense, creating this dependency. It sounds as though you have improved their living standards. One apparent benefit is improved education of the two children. Maybe communicate, based on the age and educational situation of the c...
by dm200
Fri Jul 15, 2016 5:43 pm
Forum: Personal Consumer Issues
Topic: Any foresters out there
Replies: 9
Views: 1915

Re: Any foresters out there

Could you find someone who, for taking the wood, cut them at ground level and clear away all the brush?
by dm200
Fri Jul 15, 2016 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Loan Interest Rate
Replies: 10
Views: 829

Re: Personal Loan Interest Rate

Simple interest is how most car loans work, x% is added up front and the payments divided over the whole period. This is, today, absolutely 100% wrong. It may have been done this way, by some lenders, 40 or 50 years ago, but not today. I don't know where you got this very incorrect information, but...
by dm200
Fri Jul 15, 2016 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving money as a legacy after death
Replies: 15
Views: 1050

Re: Leaving money as a legacy after death

This happened to a friend of mine who was the executor of the decedent's estate. The clergy sued to get their "cut" before tax and estate expenses were paid, held up the settlement of the estate, and ultimately lost in court, and had to settle for their share AFTER estate expenses and tax...
by dm200
Fri Jul 15, 2016 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Investing down payment for car
Replies: 37
Views: 1834

Re: Investing down payment for car

Another approach:

Since new car loans have very low interest rates, you could take this down payment money and invest for the long term. Then, when you get a new car, get a new car loan.
by dm200
Fri Jul 15, 2016 3:14 pm
Forum: Personal Consumer Issues
Topic: Used car - when different model years are the same car?
Replies: 11
Views: 771

Re: Used car - when different model years are the same car?

They are called "generations" and each generation spans several years. It's wise to avoid the 1st year of a new generation, as there are likely to be some bugs that show up and then get fixed in the succeeding years, before the next generation. Within a generation, there may be small chan...
by dm200
Fri Jul 15, 2016 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving money as a legacy after death
Replies: 15
Views: 1050

Re: Leaving money as a legacy after death

It was my late father's intention to leave a not insignificant amount in his will to a religious based entity/charity. Can't recall the specifics, but something like, say, "25% of the value of his estate". The attorney who was drafting his will suggested that he not do this because the &qu...
by dm200
Fri Jul 15, 2016 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Loan Interest Rate
Replies: 10
Views: 829

Re: Personal Loan Interest Rate

I have a loan interest rate question: My son wants to borrow $50K over a 6 year term from me for use in his successful business. This will benefit both of us; me because I can get a higher rate than putting the money in the bank or bonds (safe investments). He is good as gold for re-paying the loan...
by dm200
Fri Jul 15, 2016 1:34 pm
Forum: Personal Consumer Issues
Topic: Used car - when different model years are the same car?
Replies: 11
Views: 771

Re: Used car - when different model years are the same car?

This is where the "market for lemons" comes in. People hold on to the cream puffs and try to sell the rust buckets for "average" prices. True indeed! Trick is to find the "cream puffs" when they become available. A friend of ours has a low mileage, original owner, 1999...
by dm200
Fri Jul 15, 2016 9:28 am
Forum: Personal Consumer Issues
Topic: What to do with old car?
Replies: 10
Views: 937

Re: What to do with old car?

GUMD wrote:I have an very old Chrysler which just finally died. It is worth absolutely nothing. What are my options? I was thinking about donating it to a charity, I think they'll come get it for scrap parts. Thoughts?


Call one of the charities that pick up such vehicles as a donation.
by dm200
Fri Jul 15, 2016 8:44 am
Forum: Personal Consumer Issues
Topic: Used car - when different model years are the same car?
Replies: 11
Views: 771

Used car - when different model years are the same car?

When evaluating a car purchase, it is often the case that different model years of a model are the same (or nearly the same) vehicle. it is also the case that the later the model year, the higher the price (mileage and conditon beinbg equal). Does that mean, then, that you might get nearly the same ...

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