Search found 4952 matches

by mhalley
Tue Sep 19, 2017 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: The Magic of Savings Rate
Replies: 16
Views: 1838

Re: The Magic of Savings Rate

So this appears to be MMM shockingly simple math for early retirement. He has numerous assumptions to come up with this, i.e., 5% return on investments, 4% swr, etc. the numbers would change based on the return and swr and starting portfolio size. Here is the original post: http://www.mrmoneymustach...
by mhalley
Tue Sep 19, 2017 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Freedom® 2045 Fund FSNZX vs FXIAX?
Replies: 3
Views: 223

Re: Fidelity Freedom® 2045 Fund FSNZX vs FXIAX?

The sooner you make the switch, the sooner you stop paying the extra fees. Since you are moving sideways, i.e. Not going from bonds to stocks or vice versa, there is no reason not to put the order in tonight. Don't forget that the tr fund has 10% bonds, so you need to pick a bond fund. You would wan...
by mhalley
Tue Sep 19, 2017 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Barclaycards lost activation
Replies: 6
Views: 404

Re: Barclaycards lost activation

Did she say he replacement cards had been mailed? Perhaps they were lost/stolen en route.
by mhalley
Tue Sep 19, 2017 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Reminder: Transition your account
Replies: 2
Views: 418

Re: Reminder: Transition your account

At some point in the future, vanguard will upgrade all your accounts to brokerage accounts. Most people have no problems with this, a few have had some. If the accounts are in mm there is no reason not to go ahead and transition. I would go so far as to say there is no reason not to transition no ma...
by mhalley
Mon Sep 18, 2017 4:02 pm
Forum: Investing - Theory, News & General
Topic: Hello and a Question ["The Little Book That (Still) Beats the Market"]
Replies: 11
Views: 1279

Re: Hello and a Question ["The Little Book That (Still) Beats the Market"]

I think books can be updated for many reasons, the most obvious would be that various books would be presumed to be obsolete after a period of time, and sales would fall off. A new edition generates new sales, plus any errors can be corrected, new information incorporated, ideas expanded on, etc. Bo...
by mhalley
Mon Sep 18, 2017 11:37 am
Forum: Personal Consumer Issues
Topic: Password manager questions and recomendation for Kindle Fire HDX?
Replies: 5
Views: 452

Re: Password manager for Kindle Fire HDX

I don't have a kindle fire, but android phone and ios device. I decided that I did not like the idea of using an online password manager, so I went with Keepass and MiniKeePass for ios. I setup the passwords on my computer, then email it to my ios device and download it into minikeepass, then delete...
by mhalley
Sun Sep 17, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: How would you invest this bonus??
Replies: 13
Views: 1166

Re: How would you invest this bonus??

You are asking the classic dca vs lump sum question. The answer is generally to invest money as soon as you receive it, time IN the market, not trying to time the market. Some years you might end up investing at the peak, but that is what rebalancing is for. So as soon as you get the money, invest a...
by mhalley
Sun Sep 17, 2017 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance Deductible
Replies: 4
Views: 487

Re: Auto Insurance Deductible

Seems like a long time to make up the difference on premium, but otoh with a high deductable you would not report a "minor" accident to the insurance co and cause an increase in rates. Maybe just raise it to 1k.
by mhalley
Sun Sep 17, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Over MAGI limit, how to deal with MyRA
Replies: 1
Views: 388

Re: Over MAGI limit, how to deal with MyRA

That sounds like the way to go. Remember you have to wait 30 days before recharacterizing it back to a Roth.

https://www.irs.gov/retirement-plans/re ... onversions
by mhalley
Sat Sep 16, 2017 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Help me solve: Not allowed access to savings at Canadian bank
Replies: 3
Views: 552

Re: Help me solve: Not allowed access to savings at Canadian bank

I would imagine banks have rules that are designed to prevent fraud, but there must be some way to do this without setting foot in the bank. Perhaps an estate lawyer in Canada could help you.
by mhalley
Sat Sep 16, 2017 8:26 pm
Forum: Personal Consumer Issues
Topic: identity verification with Equifax?
Replies: 6
Views: 607

Re: identity verification with Equifax?

When I did equifax, they only asked those questions but did not let me freeze, ended up calling.
by mhalley
Sat Sep 16, 2017 8:19 pm
Forum: Personal Consumer Issues
Topic: Whole Life Insurance Agent Will Not Cash Out My plans
Replies: 14
Views: 2014

Re: Whole Life Insurance Agent Will Not Cash Out My plans

Don't forget to send the letter certified mail, return receipt and keep a copy.
by mhalley
Sat Sep 16, 2017 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Optimal filing dates for SS
Replies: 2
Views: 335

Re: Optimal filing dates for SS

I would have her file oct 26th and then you file restricted the next day. ( you can't file for restricted benefits until after she files for hers).
http://www.investopedia.com/ask/answers ... nefits.asp
by mhalley
Sat Sep 16, 2017 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Monitoring - 1 or 3 Bureau?
Replies: 10
Views: 617

Re: Credit Monitoring - 1 or 3 Bureau?

I had no problem doing the freeze over the phone. Try again, you must not have selected the right option. Here is a link to Clark Howard's updated freeze guide.
http://clark.com/personal-finance-credi ... haw-guide/
by mhalley
Sat Sep 16, 2017 1:16 am
Forum: Investing - Theory, News & General
Topic: N roth-IRA accounts and X funds to meet $11,000 limit
Replies: 2
Views: 203

Re: N roth-IRA accounts and X funds to meet $11,000 limit

Sure. But having multiple accounts with little money in them means it will take longer to meet fund minimums and get admiral shares and be more complicated to rebalance.
by mhalley
Sat Sep 16, 2017 1:13 am
Forum: Personal Finance (Not Investing)
Topic: Equifax Credit Freeze 100% online
Replies: 27
Views: 3575

Re: Equifax Credit Freeze 100% online

I was listening to Clark Howard today and he said equifax now realizes their pin algorithm is no good, and they are working on a fix. Most likely you will be able to get a new pin once they figure how they want to generate them.
by mhalley
Fri Sep 15, 2017 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: What funds would you pick if you were creating you own small business 401k?
Replies: 21
Views: 1089

Re: What funds would you pick if you were creating you own small business 401k?

I would swap commodities for small cap value. You should also add tr funds for those that want a simple plan.
by mhalley
Fri Sep 15, 2017 4:47 pm
Forum: Personal Consumer Issues
Topic: Equifax security manager had a music degree -- what?
Replies: 10
Views: 819

Re: Equifax security manager had a music degree -- what?

Man, they should have hired a philosophy major! :oops:
by mhalley
Thu Sep 14, 2017 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Badly Needed---Meeting with Financial Advisor
Replies: 49
Views: 3657

Re: Advice Badly Needed---Meeting with Financial Advisor

He did give one good piece of advice: you should get disability insurance. You are 3time as likely to be diasbled as die. Since you are single, how will you pay your bills if you are unable to work? Your employer probably offers it at a reasonable price. Do you get a match? At least conrtibute enoug...
by mhalley
Thu Sep 14, 2017 10:13 pm
Forum: Personal Consumer Issues
Topic: Internet phone-Help
Replies: 4
Views: 387

Re: Internet phone-Help

There are several ways to configure a fax machine with Ooma. Here is their setup guide. They state that faxing viia voip is not 100% reliable. . A common question comes up - why are faxes not guaranteed reliable 100% of the time when using VoIP technology? The reason has to do with how faxing was or...
by mhalley
Thu Sep 14, 2017 2:59 pm
Forum: Personal Consumer Issues
Topic: Verify credit freeze is active?
Replies: 18
Views: 1728

Re: Verify credit freeze is active?

I think you could use the automated phone system at the 3 credit agencies, or annualcreditreport.com
by mhalley
Thu Sep 14, 2017 11:25 am
Forum: Personal Consumer Issues
Topic: Is True-identity lock enough or credit freeze is better
Replies: 7
Views: 1150

Re: Is True-identity lock enough or credit freeze is better

clark howard has not commented on this new product, I hope he does so soon. I would say go ahead and freeze your credit. With this level of a breach, your entire identity has been compromized FOREVER. Who knows how long they will keep this a free service, after which you would need to pay for this T...
by mhalley
Thu Sep 14, 2017 2:11 am
Forum: Personal Finance (Not Investing)
Topic: Bank charges monthly fee for Quicken and Quickbooks
Replies: 6
Views: 570

Re: Bank charges monthly fee for Quicken and Quickbooks

As more and more companies use aggregation, I would not be surprised to see more banks charge for the ability to have accounts accessed by mint, quicken, personal capital, etc. in the meantime, until everyone charges this junk fee, vote with your feet.
by mhalley
Tue Sep 12, 2017 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Sanity Check: Roth IRA Asset Allocation w/ Schwab
Replies: 10
Views: 827

Re: Sanity Check: Roth IRA Asset Allocation w/ Schwab

Bogleheads have yet to embrace intl bonds, so many would say zero in that category. Vanguard likes them a lot, but who is right remains to be seen.
by mhalley
Tue Sep 12, 2017 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Presentation for medical residents, need suggestions about loan topic
Replies: 3
Views: 386

Re: Presentation for medical residents, need suggestions about loan topic

You might check out wci flowchart. I would probably stress living like a resident until payed off, refinancing to get low rate. You might also talk about paying off loans vs investing. https://www.whitecoatinvestor.com/what-should-i-do-with-my-student-loans/ https://www.whitecoatinvestor.com/student...
by mhalley
Tue Sep 12, 2017 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Rollover IRA investment mix
Replies: 3
Views: 408

Re: Help with Rollover IRA investment mix

ETFs are just generally more complicated. They can have lower fees than investor shares if you do not qualify for admiral shares, plus no minimum. Also, long term bonds will have a big drop in nav when interest rates rise, so we generally recommend going with an int term bond fund. https://www.bogle...
by mhalley
Tue Sep 12, 2017 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax Customer Information Leak – Link Problem
Replies: 5
Views: 802

Re: Equifax Customer Information Leak – Link Problem

Give this a pass and freeze your credit instead. Sign up for a creditkarma account and my ss account first.
https://www.creditkarma.com/
https://www.ssa.gov/myaccount/
by mhalley
Tue Sep 12, 2017 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Investment choice 3 years prior to taking SS
Replies: 9
Views: 963

Re: Investment choice 3 years prior to taking SS

Sounds like your portfoliois 100% bonds? That won't keep up with inflation, you might consider going to 30% stocks.what happens to your income should one of you die? i agree munis are not right for your tax bracket. You might check out rick ferries center of gravity post. https://portfoliosolutions....
by mhalley
Tue Sep 12, 2017 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Can't Register With TransUnion
Replies: 16
Views: 1408

Re: Can't Register With TransUnion

The phone call is not that bad. There is an automated phone menu so you just need to key in your ssn etc.
by mhalley
Tue Sep 12, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Beyond Equifax: Dealing with ID theft
Replies: 8
Views: 975

Re: Beyond Equifax: Dealing with ID theft

I believe Clark has said that child identity theft is more common than adult, harder to prevent as it is more difficult to freeze child's credit, and goes unnoticed . I believe only 23 states mandate it, aside from equifax which allows it for all fifty. https://www.consumerreports.org/consumer-prote...
by mhalley
Mon Sep 11, 2017 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: How to purchase an ETF Fido?
Replies: 12
Views: 500

Re: How to purchase an ETF Fido?

A general rule of thumb is not to buy within 30 min if open or close. If . The difference or spread in an ETF’s intraday price and the fund’s net asset value (NAV) is often the greatest at the market’s open and close. For example, at the open, these pricing differences may persist until all stocks o...
by mhalley
Mon Sep 11, 2017 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax fiasco - how can we protect ourselves from potential fraudulent tax returns filed on our behalf?
Replies: 31
Views: 3567

Re: Equifax fiasco - how can we protect ourselves from potential fraudulent tax returns filed on our behalf?

I didn't mean to imply the fraud was sniping your refund, the purpose of setting things up was to prevent the inconvenience of having to wait up to 6 months to get the money. If someone was counting on a large refund the delay could throw a wrench into their vacation, new car purchase, etc. Of cours...
by mhalley
Mon Sep 11, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Freezing your credit??
Replies: 15
Views: 1517

Re: Freezing your credit??

I was unfamiliar with the Tu credit lock, thanks for the info. Looks like it might be just as good as a freeze but free, but I elected to freeze.
https://www.transunion.com/article/why- ... me-changer
by mhalley
Mon Sep 11, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax fiasco - how can we protect ourselves from potential fraudulent tax returns filed on our behalf?
Replies: 31
Views: 3567

Re: Equifax fiasco - how can we protect ourselves from potential fraudulent tax returns filed on our behalf?

Aside from the standard I'D protection, arrange withholding/estimated taxes so you get a minimal refund. You could file early before you get all of your documents and then file an amended return, but I don't know if it would be worth the hassle.
by mhalley
Mon Sep 11, 2017 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Wellington/Wellesley diversification help
Replies: 18
Views: 2276

Re: Wellington/Wellesley diversification help

The price per share means nothing, not something to take into account when deciding on whether to buy a fund. I would say the goto for wanting more return would be small cap value. Ymmv.
by mhalley
Mon Sep 11, 2017 1:21 am
Forum: Investing - Theory, News & General
Topic: Differences between retirement-oriented funds?
Replies: 4
Views: 530

Re: Differences between retirement-oriented funds?

A common saying here is "there are many roads to Dublin". As evidenced by wci post 150 portfolios better than yours, there are many ways to construct a reasonable portfolio. No one simple asset allocation is perfect and works for everyone. If there was, then every tr fund would have the same aa and ...
by mhalley
Sun Sep 10, 2017 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Can't freeze credit at Experian?
Replies: 54
Views: 22868

Re: Can't freeze credit at Experian?

I just checked my cc and have multiple charges for my failed attempts also. We will see if they fall off.
by mhalley
Sun Sep 10, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Can't freeze credit at Experian?
Replies: 54
Views: 22868

Re: Can't freeze credit at Experian?

After failing to freeze my credit online for Equifax for both my wife and I, and Experian for my wife, I was able to freeze them both over the phone. What I am wondering is how come the phone option is easier than online? Is it because they can see the phone number I am calling from is listed with t...
by mhalley
Sat Sep 09, 2017 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance premiums tied to credit
Replies: 3
Views: 387

Re: Insurance premiums tied to credit

I believe this would be a soft pull and not require you to unfreeze. Soft pulls occur when you are not actively applying for credit.
http://blog.myfico.com/soft-hard-credit ... ifference/
by mhalley
Sat Sep 09, 2017 3:08 pm
Forum: Personal Consumer Issues
Topic: personal EKG devices
Replies: 12
Views: 1207

Re: personal EKG devices

Looks like the kardia is available for both iOS and android devices. Requires ios9, doesn't mention what android version.
There are some cheap android phones on this review of best phones of 2017
https://www.pcmag.com/article2/0,2817,2367064,00.asp
by mhalley
Sat Sep 09, 2017 2:54 pm
Forum: Personal Consumer Issues
Topic: Replacing Old Shower handles
Replies: 21
Views: 1901

Re: Replacing Old Shower handles

Pinterest has a page on painting them
https://www.pinterest.com/jessjordank29 ... -fixtures/
by mhalley
Sat Sep 09, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Applying for Credit Card....need to send Drivers License/SS Copies?
Replies: 12
Views: 1120

Re: Applying for Credit Card....need to send Drivers License/SS Copies?

I have never had to do that. There are a gazillion cc offers out there, I would try another one. There could be a question of identity theft, so it wouldn't hurt to sign up for credit karma and get your free credit reports at annualcreditreport.com
by mhalley
Sat Sep 09, 2017 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Can't freeze credit at Experian?
Replies: 54
Views: 22868

Re: Can't freeze credit at Experian?

Are you sure it was experian? Equifax was the one that only did basic information for me and wife without asking for a second page of more specific questions. Equifax denied the online freeze for my wife and I. Use Clark.com guide to credit freeze for sample letter and info to send. http://clark.com...
by mhalley
Sat Sep 09, 2017 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Newbie to the site and healthcare.gov
Replies: 2
Views: 312

Re: Newbie to the site and healthcare.gov

Welcome tho the forum! WV does not have very many plans. When I enrolled last year, there was only one HSA plan and it cost 500 dollars a month more for me and the wife, so I did not go with the 2500 a month plan, so I went with the 2008 dollar one. As I recall it was through Blue Cross/Highmark. Bu...
by mhalley
Fri Sep 08, 2017 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: New Mobile Phone number - Now hounded by Collection Agencies
Replies: 38
Views: 3113

Re: New Mobile Phone number - Now hounded by Collection Agencies

If you are not the actual person that owes the debt, then you have little in the way of recourse. If you are the person that owes the debt, you have the right to have them stop calling due to harassment, but nothing protects the innocent. I agree a new phone number since it is not one you have had f...
by mhalley
Fri Sep 08, 2017 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: Don't want to lock down in IRA until I am 59.5
Replies: 12
Views: 1241

Re: Don't want to lock down in IRA until I am 59.5

There is nothing that says that you have to save in tax advantaged accounts, but if you don't you will need to save about 25% more. There are several ways to get to the money before 59.5 The finance buff has a good post on the strategies available. http://www.madfientist.com/how-to-access-retirement...
by mhalley
Fri Sep 08, 2017 2:03 pm
Forum: Personal Consumer Issues
Topic: Freeze Credit for free without police report
Replies: 26
Views: 2405

Re: Freeze Credit for free without police report

There is no need to close current cc, unless they were the ones affected by the breach. Cc are such a convenience, I can't imagine doing without.
by mhalley
Fri Sep 08, 2017 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 607
Views: 34240

Re: Equifax says info stolen. What's my best course of action?

You don't need monitoring if your credit is frozen. If you want it anyway, sign up for credit karma. Just wanted to give my experience on my credit freeze attempts today. Equifax: unsuccessfull online for me and wife. Need to send info by snailmail. Experian: successfull online for me, not wife. No ...