Search found 1246 matches

by munemaker
Sun Jan 22, 2017 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for advice on getting credit cards for my kids
Replies: 22
Views: 910

Re: Looking for advice on getting credit cards for my kids

I wonder if some of the posters talking about getting credit cards on their own as college students (or their kids doing so) are talking pre-2010. The law changed at that time, which made it much harder for someone under 21 to get his/her own credit card: http://money.cnn.com/2010/02/19/news/econom...
by munemaker
Sun Jan 22, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for advice on getting credit cards for my kids
Replies: 22
Views: 910

Re: Looking for advice on getting credit cards for my kids

We added kids to one of our credit cards when they were in high school, and a couple years later (before college) encourage them to apply in their own names, which they did successfully. They used the cards through college with us paying the bills (nice parents that we are). A couple years after gra...
by munemaker
Sun Jan 22, 2017 9:03 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 318
Views: 49109

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

Investing isn't about becoming rich for most people. As W. Bernstein states, it's about avoiding poverty in retirement and covering basic living expenses. A $2 million portfolio doesn't make you remotely rich unless you also have a public employee type pension, or you know you're going to die soon....
by munemaker
Sat Jan 21, 2017 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Use $$$ toward mortgage or save for dip in market
Replies: 19
Views: 1519

Re: Use $$$ toward mortgage or save for dip in market

I have around $40k in cash beyond my emergency fund. I have been debating putting it toward my 3.375% mortgage (15 yr mortgage, 10 years left) or saving it to put into my portfolio on a dip. I guess a third option is to dollar cost average it into my portfolio or just put it in now. The $40k would ...
by munemaker
Wed Jan 18, 2017 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Does it sound like my employer trying to push me out?
Replies: 60
Views: 5878

Re: Does it sound like my employer trying to push me out?

Do employers value these certifications? Employers value certifications. They prove you know the subject matter. I know a 30 year old who has passed the five Amazon Cloud tests, as well as other certifications. She has this listed on linked in and receives employment inquiries about once a week.
by munemaker
Wed Jan 18, 2017 6:17 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard on finding a dead person's password
Replies: 86
Views: 6680

Re: Vanguard on finding a dead person's password

I also see no need for every beneficiary to contact them. The executor or trustee can do it. Imagine the mess one beneficiary can make if he calls and sends in the death certificate for assets subject to probate or meant to be used to pay off debts first. Is there some process by which the dead per...
by munemaker
Tue Jan 17, 2017 9:21 pm
Forum: Personal Consumer Issues
Topic: How High is Your TV?
Replies: 41
Views: 3344

Re: How High is Your TV?

adamthesmythe wrote:Center of the screen at eye level when watching is ideal.

(I can't understand the over-the-fireplace mounting for several reasons.)


That's what ours is (center of TV is at eye level)! Very satisfied. I agree...that is probably ideal.
by munemaker
Mon Jan 16, 2017 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA for High Net Worth Parents?
Replies: 70
Views: 5798

Re: FAFSA for High Net Worth Parents?

Forbes article worth a read if you are paying the FASFA game.

http://www.forbes.com/sites/troyonink/2 ... f03c8a4ccb
by munemaker
Mon Jan 16, 2017 6:14 pm
Forum: Personal Consumer Issues
Topic: Doing email with a Chromebook
Replies: 16
Views: 1223

Re: Doing email with a Chromebook

Setup gmail to retrieve your Verizon mail https://www.redstampmail.com/resources/configuring-gmail-to-pull-mail/verizon.net/ As others have said, you can use any web-based email you want. However there are advantages to using the entire Google ecosystem, as everything is integrated: Google Calendar...
by munemaker
Mon Jan 16, 2017 6:10 pm
Forum: Personal Consumer Issues
Topic: Replacement floor mats for Infiniti M37
Replies: 18
Views: 972

Re: Replacement floor mats for Infiniti M37

I like the custom Weathertech floor liners that are designed for your exact car. They even have a mat for your trunk.

http://www.weathertech.com/floorliner-digitalfit/
by munemaker
Sun Jan 15, 2017 8:42 pm
Forum: Personal Consumer Issues
Topic: New SUV, $50G, Pilot/Highlander/Other
Replies: 121
Views: 14385

Re: New SUV, $50G, Pilot/Highlander/Other

Browser wrote:How come nobody ever mentions the Jeep Grand Cherokee? I see a bizillion of them on the road.


I don't know about the most recent ratings, but the Jeep brand is usually at or close to the bottom of the reliability rankings in Consumer Reports. Why take a chance? Stick with Honda or Toyota.
by munemaker
Sun Jan 15, 2017 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard on finding a dead person's password
Replies: 86
Views: 6680

Re: Vanguard on finding a dead person's password

On a page entitled "Dealing with a loved one's death", Vanguard says: Ideally, you (or a family member, friend, advisor, or attorney) know where your loved one stored this information , along with financial account numbers and passwords. You may have to put on your detective hat and searc...
by munemaker
Sun Jan 15, 2017 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard on finding a dead person's password
Replies: 86
Views: 6680

Re: Vanguard on finding a dead person's password

Wouldn't it be illegal to use the password of a deceased to make transactions in her account if the account is subject to probate. Once the institution knows the person is deceased, they will lock the account, won't they?
by munemaker
Sun Jan 15, 2017 8:53 am
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 318
Views: 49109

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

I come out only at night, but still remain in the shadows. My last car was almost 24 years old. I'm in my 70's, but still wear some clothes from high school. When my sneakers are ready for the trash, I just use them for yard work. I dislike redeeming any portfolio assets and consider portfolio grow...
by munemaker
Sun Jan 15, 2017 7:13 am
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 318
Views: 49109

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

So the joker who wrote this article pretends that people don't know he has money? Pardon me, if you have enough to get through medical school and have been practicing as a private practice physician in this country any length of time, I know darn well you have money, no matter what kind of car you ...
by munemaker
Sat Jan 14, 2017 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: How to politely fire my financial advisor
Replies: 66
Views: 6364

Re: How to politely fire my financial advisor

Armando wrote:My question, then, is this: how do I politely fire this guy?


Be sure to say "Please" and "Thank You."
by munemaker
Sat Jan 14, 2017 3:01 pm
Forum: Personal Consumer Issues
Topic: New SUV, $50G, Pilot/Highlander/Other
Replies: 121
Views: 14385

Re: New SUV, $50G, Pilot/Highlander/Other

Toons wrote:Get a Crv-EXL or touring model and have about 15-18k left to "invest" :D :D


+1
by munemaker
Sat Jan 14, 2017 2:56 pm
Forum: Personal Consumer Issues
Topic: Upgrade or just buy new? [Computer]
Replies: 44
Views: 2443

Re: Upgrade or just buy new?

Replace it with a chromebook or chromebox. No more viruses and no need to virus scan.
by munemaker
Sat Jan 14, 2017 2:45 pm
Forum: Personal Consumer Issues
Topic: New SUV, $50G, Pilot/Highlander/Other
Replies: 121
Views: 14385

Re: New SUV, $50G, Pilot/Highlander/Other

Lets face it, nearly all SUVs are really just AWD/FWD minivans. I wouldn't say that. It's all about image. With SUVs, you don't suffer the shame and embarrassment of being seen in a minivan. Even soccer moms have pretty much switched from minivans to SUVs. "...in recent years, SUVs and large s...
by munemaker
Sat Jan 14, 2017 2:32 pm
Forum: Personal Consumer Issues
Topic: Sudden alternator corrosion... And Prevention/Protection?
Replies: 6
Views: 555

Re: Sudden alternator corrosion... And Prevention/Protection?

I notice that the main power connection on the alternator is severely corroded, so I cleaned it up, and voila - 14.3 volts again. Thanks. Could possibly be caused by reaction of dissimilar metals. You might put some dielectric grease on and around the corroded area (after you clean it up). You can ...
by munemaker
Fri Jan 13, 2017 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA for High Net Worth Parents?
Replies: 70
Views: 5798

Re: FAFSA for High Net Worth Parents?

This is the first year of the "new" FAFSA that goes back to 2015 tax data. Most people can complete it in under 15 minutes. If a college requires it for merit scholarships (and some do) then why not just bit the bullet and do it? Personally, I wouldn't mind exchanging my personal informat...
by munemaker
Fri Jan 13, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA for High Net Worth Parents?
Replies: 70
Views: 5798

Re: FAFSA for High Net Worth Parents?

I put two kids through college. I was reluctant to fill out the FASFA based on estimates from online calculators. Friends suggested I fill it out and said I might be surprised. Reluctantly I filled it out for kid 1 the first year. No surprises. I never filled it out again. Friends who advised us to ...
by munemaker
Wed Jan 11, 2017 9:57 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 189
Views: 12175

Re: How Bad was 2008, really?

Tell you the truth, I am not sure I would want to work for the company. Prior compensation is not germaine to present. I am not sure if it is germane or not. Most companies seem to use prior salary as a baseline so they know what to offer an applicant. On the other hand, I think I read a couple sta...
by munemaker
Wed Jan 11, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Options for parents' Social Security
Replies: 21
Views: 1621

Re: Options for parents' Social Security

I really like this calculator for SS claiming strategy:

http://www.bedrockcapital.com/ssanalyze/
by munemaker
Wed Jan 11, 2017 11:22 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 189
Views: 12175

Re: How Bad was 2008, really?

Tell you the truth, I am not sure I would want to work for the company. Prior compensation is not germaine to present. I am not sure if it is germane or not. Most companies seem to use prior salary as a baseline so they know what to offer an applicant. On the other hand, I think I read a couple sta...
by munemaker
Tue Jan 10, 2017 11:11 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 189
Views: 12175

Re: How Bad was 2008, really?

This was a classic from back in the day:

https://www.youtube.com/watch?v=V9EbPxTm5_s
by munemaker
Tue Jan 10, 2017 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 141
Views: 15356

Re: Best Financial Moves You've Made

1) Marrying a woman who is more frugal than I am, and staying married
2) Started investing early
3) Living below our means
4) Never being out of work
5) Improving education and job qualifications
by munemaker
Tue Jan 10, 2017 10:58 pm
Forum: Personal Consumer Issues
Topic: Unsolicited Wall Street Journal
Replies: 2
Views: 438

Re: Unsolicited Wall Street Journal

I realized I had used two different emails in the past. Tried the alternate and got into the account. Found out this "subscription" expires in a week, and the online version does work. Apparently it is a teaser offer, which is fine with me. I enjoy it, if only for a few days.
by munemaker
Tue Jan 10, 2017 10:56 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 189
Views: 12175

Re: How Bad was 2008, really?

Yes, even ideological politicians can eventually come to their senses in the face of imminent disasters - like I said up thread, no guarantee they will have the political courage to do so the next time. I don't think they "came to their senses." I think they were scared to death by Bernak...
by munemaker
Tue Jan 10, 2017 10:35 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 189
Views: 12175

Re: How Bad was 2008, really?

This quickly gets into area off limits for this board - and coutnerfactuals are always fun and games. But we do have some ability to compare the recovery in different countries that had different levels of interference/government stimulus etc - look at the research, you may be surprised to find tha...
by munemaker
Tue Jan 10, 2017 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: need advice: How can housewives get credit cards?
Replies: 15
Views: 2028

Re: need advice: How can housewives get credit cards?

Yes, for income you use household income. ... even if the card is only for the non-working spouse. When you're married it can't be for only one person. It's marital income and marital debt. When I try to make a phone inquiry on my wife's account, they won't talk to me. To me, that means the account...
by munemaker
Tue Jan 10, 2017 10:28 pm
Forum: Personal Consumer Issues
Topic: Unsolicited Wall Street Journal
Replies: 2
Views: 438

Unsolicited Wall Street Journal

I have subscribed to the WSJ off and on over the years, whenever I found an offer for free or almost free. Yesterday, out of the blue, with no explanation, a WSJ came in the mail. Today another one came. I tried the Online Edition using my previous login, but it didn't work. I did not sign up for th...
by munemaker
Tue Jan 10, 2017 10:23 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 189
Views: 12175

Re: How Bad was 2008, really?

Because allowing the companies to fail in this case would be allowing the entire world economy to fail. I doubt it. People would continue to buy cars, just different cars. People would continue to buy insurance, just not that insurance. People would still put money in banks, just not those banks. T...
by munemaker
Tue Jan 10, 2017 9:07 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 189
Views: 12175

Re: How Bad was 2008, really?

The lack of orderly markets and not allowing companies the right to fail that was my biggest concern. Because allowing the companies to fail in this case would be allowing the entire world economy to fail. I doubt it. People would continue to buy cars, just different cars. People would continue to ...
by munemaker
Tue Jan 10, 2017 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: What would you do with $30k at 30 years old?
Replies: 49
Views: 3462

Re: What would you do with $30k at 30 years old?

hmm...age 30...Put a down payment on a Shelby Mustang?

Image
by munemaker
Tue Jan 10, 2017 8:14 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 189
Views: 12175

Re: How Bad was 2008, really?

The lack of orderly markets and not allowing companies the right to fail that was my biggest concern. Because allowing the companies to fail in this case would be allowing the entire world economy to fail. I doubt it. People would continue to buy cars, just different cars. People would continue to ...
by munemaker
Tue Jan 10, 2017 8:10 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 189
Views: 12175

Re: How Bad was 2008, really?

The implications for having graduated into it the financial crisis lasted for years as each future employer based my new salary on my prior salary. Could you not "inflate" your previous salary so that you could at least earn a fair wage at your new job? Or did they somehow verify that inf...
by munemaker
Tue Jan 10, 2017 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Do you really need 2.5 million to retire well?
Replies: 267
Views: 46630

Re: Do you really need 2.5 million to retire well?

According to CNN Money there are only 1.8 million Americans in the U.S. with a net worth over 2 million and the median family net worth of those age 65-74 is $206k. So if it really takes 2.5 million to retire well I guess not very many will be doing it. Almost no retired people have 2.5 million...s...
by munemaker
Tue Jan 10, 2017 1:59 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 189
Views: 12175

Re: How Bad was 2008, really?

I was 52 in 2008. While losses in the financial and real estate markets were bad, what bothered me even more was how the government intervened and overrode basic free market rules, and picked winners and losers. I don't remember all the details and some of this could be off in some detail. I remembe...
by munemaker
Mon Jan 09, 2017 11:25 am
Forum: Personal Consumer Issues
Topic: Acura/ Honda Airbag Recall - Tired of waiting
Replies: 12
Views: 921

Re: Acura/ Honda Airbag Recall - Tired of waiting

Did you take them up on their offer of a rental car? I am guessing you didn't because they take care of the customers with rentals first to stop the bleeding. Not only that, but if you are racking up miles on someone else's car instead of yours, that's a good thing too! A friend of mine got tired of...
by munemaker
Sun Jan 08, 2017 10:55 am
Forum: Personal Consumer Issues
Topic: Tell me all about snowblowers
Replies: 42
Views: 2434

Re: Tell me all about snowblowers

Any pitfalls that I need to be aware of? http://www.amputee-coalition.org/snowblowers-pose-dangerous-risk-for-amputations/ At some point it makes sense to hire someone to do things like this for you. Even if you would want to do this now when you are 61 you may not be up to doing it for long enough...
by munemaker
Sat Jan 07, 2017 6:37 pm
Forum: Investing - Theory, News & General
Topic: No Vanguard Customer Support on weekends
Replies: 55
Views: 3971

Re: No Vanguard Customer Support on weekends

develop wrote:Is Vanguard unreachable by phone on the weekends? That seems crazy to me. Surely I overlooked something.


I just call during the week, which has always worked out for me.
by munemaker
Thu Jan 05, 2017 3:30 pm
Forum: Investing - Theory, News & General
Topic: Champion of 401K Lament the Revolution they Started
Replies: 75
Views: 4520

Re: Champion of 401K Lament the Revolution they Started

I disagree with lamenting the 401k revolution. The 401k, along with IRAs have been a tremendous help to me.

These empower people to control their own destiny.

Win or lose, I would much rather be (somewhat) in control of my future than let some bureaucrats do it for me.
by munemaker
Thu Jan 05, 2017 12:36 pm
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 219
Views: 21969

Re: Retreat to cash

marge-g wrote:
marge-g wrote:
Should the political climate not impact the markets, I'll take my lumps and wait until Q3 to get back in, probably using cost averaging.



The political climate has been impacting the markets since the day of the election. Businesses thrive with less regulation and taxes.
by munemaker
Thu Jan 05, 2017 6:56 am
Forum: Investing - Theory, News & General
Topic: Why S & P 500 fund is safer than Total Stock Market fund
Replies: 40
Views: 5167

Re: Why S & P 500 fund is safer than Total Stock Market fund

I think this is a bad bet, considering the state of our country and economy (jobs moving overseas, growing national debt, more tax burden). No disrespect intended, but I don't think you know what you are talking about. The stock market discounts future events. I don't know how you could not have no...
by munemaker
Tue Jan 03, 2017 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Gifting limitations
Replies: 3
Views: 745

Re: Gifting limitations

happysteward wrote:
The current gifting limitation for 2017 is $14,000 per person without estate implications.



$14,000 is not a "gifting limitation." You can gift more. You just have to file the gift tax form. No, you won't have to pay a gift tax.
by munemaker
Tue Jan 03, 2017 7:32 am
Forum: Personal Consumer Issues
Topic: Mechanic crashed car on delivery. Who's responsible to make whole?
Replies: 29
Views: 4046

Re: Mechanic crashed car on delivery. Who's responsible to make whole?

This is why you have insurance.

If the car has full coverage, turn in a claim with the owner's insurance company. They will try to recover the money from the mechanic, if he is legally liable (not sure if he is).
by munemaker
Mon Jan 02, 2017 6:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's new security key option
Replies: 48
Views: 5666

Re: Vanguard's new security key option

boater07 wrote:Vanguard confirmed husband/wife cannot even share passwords even with agent authorization in place.


There must be some mistake. We do it all the time.
by munemaker
Fri Dec 30, 2016 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: credit card fraud
Replies: 49
Views: 5772

Re: credit card fraud

Strange things happen sometimes. A while ago, my wife applied for and received a credit card. Not sure but i think it was from Capital One. When she went to activate it, the issuer clearly suspected something was wrong. They asked a lot of questions and ultimately called her back at our home number ...
by munemaker
Thu Dec 29, 2016 6:39 am
Forum: Personal Finance (Not Investing)
Topic: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!
Replies: 176
Views: 28847

Re: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!

Pajamas wrote:It's a terrible situation and it is probably even worse than you realize at this point.



If he stole from his family, he almost certainly would have stolen from other clients.

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