Search found 728 matches

by patriciamgr2
Sun Jan 15, 2017 8:13 pm
Forum: Investing - Theory, News & General
Topic: Who understands REITS?
Replies: 10
Views: 1217

Re: Who understands REITS?

One extra factor with equity REITs is that many of them are heavily leveraged with shorter-term financing. If interest rates increase rapidly, their costs could increase & their distributions decrease. Many investors buy them for cash flow, not for the diversification benefit you describe. Accor...
by patriciamgr2
Thu Jan 05, 2017 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!
Replies: 176
Views: 28799

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

What "pooled trust" protects your mother's assets from Medicaid (etc) reimbursement lawsuits? Unless other Forum members are familiar with this asset protection scheme (&, if so, please share information), I'd suggest getting full details on that as well while you're gathering informat...
by patriciamgr2
Thu Jan 05, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Home equity loan for kitchen improvement?
Replies: 19
Views: 1239

Re: Home equity loan for kitchen improvement?

Renovations usually last longer and cost more than one expects. I agree totally with other posters that (1) fixing broken items (anything leaking, for example); (2) totally ruthless decluttering; and (3) extreme cleaning (including washing down walls, vent covers & ceilings) are the best ways to...
by patriciamgr2
Tue Jan 03, 2017 11:52 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity/iShares version of VNQ ?
Replies: 12
Views: 552

Re: Fidelity/iShares version of VNQ ?

IYR is broad based REIT vehicle; expense ratio is in the .45 range; but it contains mortgage REITs unlike VNQ. Unfortunately, it's not commission free - unless you've qualified for free trades by moving cash to Fidelity. Do you plan to make frequent periodic purchases? If not, sticking with VNQ seem...
by patriciamgr2
Mon Jan 02, 2017 9:59 am
Forum: Personal Consumer Issues
Topic: Las Vegas Areas and Real Estate
Replies: 12
Views: 1538

Re: Las Vegas Areas and Real Estate

IMO, Summerlin is nicer, but Henderson is MUCH more convenient for the airport. I second the suggestion to stay close to the Anthem area in Henderson. Some of Anthem is age-restricted, which may not be available to you given your college-aged residents. Don't count on public transportation or taxi s...
by patriciamgr2
Fri Dec 30, 2016 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Questions on PMI/Single Payment PMI - Still Tax Deductible in 2017?
Replies: 2
Views: 135

Re: Questions on PMI/Single Payment PMI - Still Tax Deductible in 2017?

I believe the OP in the other thread received a quote on single payment PMI - so based on the link you cited, it would need to be deducted over 7 years. And, I assume that doing a single-pay would be no "lock" on tax deductibility in future years if the tax provision changed. So, it doesn'...
by patriciamgr2
Fri Dec 30, 2016 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: I'll never save a 20% down payment. Rent for life?
Replies: 138
Views: 12593

Re: I'll never save a 20% down payment. Rent for life?

OP: I started a separate thread to elicit opinions on the issue of single-payment PMI vs. including it in your monthly payment.

Best Wishes to you & your family in the New Year.
by patriciamgr2
Fri Dec 30, 2016 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Questions on PMI/Single Payment PMI - Still Tax Deductible in 2017?
Replies: 2
Views: 135

Questions on PMI/Single Payment PMI - Still Tax Deductible in 2017?

I believe the PATH act provided for PMI to be deductible in 2016, but I can't find whether that is scheduled (or even expected) to be extended for subsequent tax years. Any thoughts, Forum members? If the extension is for 2017 only, would it make sense for someone taking a new mortgage to prepay PMI...
by patriciamgr2
Wed Dec 28, 2016 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: I'll never save a 20% down payment. Rent for life?
Replies: 138
Views: 12593

Re: I'll never save a 20% down payment. Rent for life?

I'm sorry for the troubles associated with your last home purchase. I really admire you & your wife's resilience & focus on your current situation (instead of just rehashing the past). You understand how expensive home repairs can be & your diligence in paying down debt & then saving...
by patriciamgr2
Wed Dec 28, 2016 2:35 am
Forum: Personal Finance (Not Investing)
Topic: I'll never save a 20% down payment. Rent for life?
Replies: 138
Views: 12593

Re: I'll never save a 20% down payment. Rent for life?

I'm sorry, but I am not familiar with the single pay PMI for which OP said he was quoted a one-time $2,000 upfront fee. Given that some lenders require an appraisal ($250-500 in my neighborhood) and paperwork to remove PMI a few years into the mortgage term & given that it's not clear there will...
by patriciamgr2
Tue Dec 27, 2016 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: I'll never save a 20% down payment. Rent for life?
Replies: 138
Views: 12593

Re: I'll never save a 20% down payment. Rent for life?

IMO, buying with less than 20% down isn't end-of-world, IF (1) you're prepared to live in that home forever if necessary (eg if property values tank & your equity disappears); (2) either (a) you can find a program which provides down payment assistance so that you're not "throwing money awa...
by patriciamgr2
Mon Dec 26, 2016 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Accidental Rental - Sell or "One more year"
Replies: 16
Views: 1531

Re: Accidental Rental - Sell or "One more year"

Any chance renters could buy & save you commission/costs? [I wouldn't suggest taking back paper, however.] I wouldn't switch renters at this stage for the type of increase your manager is suggesting--too much risk & you'll owe a fee to him for finding new tenants. It's impossible to predict ...
by patriciamgr2
Tue Nov 22, 2016 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: What do you think of my Investment/Retirement Plan
Replies: 7
Views: 824

Re: What do you think of my Investment/Retirement Plan

You are very well prepared for retirement. Other than LTC costs (unless they're included in medical), you've got potential expenses covered. Congratulations on that. One observation: although I had almost 100% of my retirement savings in equities while employed & cheerfully regarded huge market ...
by patriciamgr2
Thu Nov 17, 2016 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Early retire considering Self-Insurance for healthcare
Replies: 83
Views: 6156

Re: Early retire considering Self-Insurance for healthcare

tbradnc: isn't assuming the continuation of the current version of Obamacare a risk itself?
by patriciamgr2
Thu Nov 17, 2016 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Early retire considering Self-Insurance for healthcare
Replies: 83
Views: 6156

Re: Early retire considering Self-Insurance for healthcare

Bottlecap: You've stated that patients with multi-million dollar bills won't see billing for 6 months & that, at that point, can obtain other coverage. Is your comment based on actual experience, even anecdotal? I had been told pre-ACA--albeit from people requesting donations--about surgeries th...
by patriciamgr2
Wed Nov 16, 2016 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Early retire considering Self-Insurance for healthcare
Replies: 83
Views: 6156

Re: Early retire considering Self-Insurance for healthcare

Be sure to ask the asset protection attorney for the names of doc's & hospitals willing to keep treating you after you refuse to pay them & they're not receiving insurance or government reimbursement. :happy As a retired businessperson & lawyer, I'm in favor of asset protection, but it's...
by patriciamgr2
Tue Nov 15, 2016 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Early retire considering Self-Insurance for healthcare
Replies: 83
Views: 6156

Re: Early retire considering Self-Insurance for healthcare

We are not allowed to speculate on future legislation on this Forum. I will note, however, that there has been discussion about the unfairness of what was perceived as the ACA allowing people to avoid buying insurance until they realized they would need it. Discussions of guaranteed issue recently h...
by patriciamgr2
Wed Nov 09, 2016 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Question for folks who early retired - Approx 50 or earlier
Replies: 11
Views: 2761

Re: Question for folks who early retired - Approx 50 or earlier

I early retired at age 42 (I initially thought I would just travel for a few years & then go back to work; when I realized I was financially independent, I decided to stay "retired"). On the financial side, I echo other posters' warnings about health insurance. If the ACA is repealed, ...
by patriciamgr2
Thu Nov 03, 2016 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: [Veterans who rec'd EMT training may be fast-tracked to civilian certification]
Replies: 34
Views: 2985

Re: [Veterans who rec'd EMT training may be fast-tracked to civilian certification]

Thanks, LadyGeek! As always, you're so helpful. I appreciate what you do for the Forum each day.

Patricia MG-er
by patriciamgr2
Thu Nov 03, 2016 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: [Veterans who rec'd EMT training may be fast-tracked to civilian certification]
Replies: 34
Views: 2985

Veterans who rec'd EMT training may be fast-tracked to civilian certification

[Thread merged into here, see below. --admin LadyGeek] There's an old thread I can't locate about a veteran who had received combat medic training while serving in the military. Help was requested about his transition to a civilian position. Section 105 of Public Law 114-198 was enacted in July, re...
by patriciamgr2
Sun Oct 30, 2016 7:46 am
Forum: Personal Finance (Not Investing)
Topic: 2017 ACA plan previews
Replies: 172
Views: 11598

Re: 2017 ACA plan previews

1. Health care costs IMO are the number one issue for early retirees like me. The uncertainty of what, if any, coverage will be available in the future makes planning difficult. I thought I had employer-provided retiree coverage, only to discover that it was terminated for all former employees a few...
by patriciamgr2
Wed Oct 19, 2016 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Bruce Steiner on James Lange Radio Show
Replies: 5
Views: 1120

Re: Bruce Steiner on James Lange Radio Show

Thanks for posting this. I have learned a great deal from bsteiner's posts on the Forum.
by patriciamgr2
Tue Oct 18, 2016 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone have experience with Vanguard Flagship?
Replies: 28
Views: 3161

Re: Anyone have experience with Vanguard Flagship?

I was Flagship for many years; my consolidated assets prob would have qualified for the new, reduced Select level. Flagship service was ok. Reps aren't trying to scam anyone, but I found them unhelpful/unprepared about issues beyond simple mutual fund purchases. The best rep I ever dealt with was be...
by patriciamgr2
Thu Oct 13, 2016 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Considering Retiremnet but nervous
Replies: 26
Views: 4607

Re: Considering Retiremnet but nervous

I retired in my early 40's. Some of these comments have been made by other posters; I'm emphasizing those points. 1. Develop a detailed plan of how you--and your spouse--plan to live during retirement & "practice" that before retiring. Live on your retirement budget. Only use one car (...
by patriciamgr2
Sun Oct 09, 2016 3:42 am
Forum: Personal Finance (Not Investing)
Topic: ACA renewal - shop around.
Replies: 29
Views: 2736

Re: ACA renewal - shop around.

thanks so much, furwat. Health insurance has become more complicated than taxes Ugh. I feel lucky to have this site to become more informed. Best Wishes.
by patriciamgr2
Sun Oct 09, 2016 2:33 am
Forum: Personal Finance (Not Investing)
Topic: ACA renewal - shop around.
Replies: 29
Views: 2736

Re: ACA renewal - shop around.

jalbert: you're absolutely correct, of course, about ACA protections applying to off-market plans too. If the ACA protections are repealed, renewals of any plan might be jeopardized. My experience has been that, even though I now take prescription eye drops & thus couldn't qualify for a new poli...
by patriciamgr2
Sat Oct 08, 2016 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: ACA renewal - shop around.
Replies: 29
Views: 2736

Re: ACA renewal - shop around.

Mitchell777 - wait until after election to decide. You'll have more information about whether ACA is likely to be around and whether expiration of COBRA benefits is an event which allows you to start coverage outside of the normal enrollment time periods (in my state, it wasn't last time around). In...
by patriciamgr2
Sat Oct 08, 2016 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: health care Early Retirement
Replies: 21
Views: 3098

Re: health care Early Retirement

One other cautionary note: many Boomers are in denial about health risks. I've never been sick enough to meet my deductible & I focus on healthy living, but I don't delude myself into thinking I'm immune to aging or bad luck. We all know people who've been hit by uninsured drivers (multiple surg...
by patriciamgr2
Sat Oct 08, 2016 10:37 am
Forum: Personal Finance (Not Investing)
Topic: health care Early Retirement
Replies: 21
Views: 3098

Re: health care Early Retirement

I'd strongly suggest waiting until after (1) November price increases and plan changes are announced on your state's ACA site and (2) the election results are known. [No political comment intended] If ACA will remain in effect after the election, I'd suggest "shopping" for an actual plan i...
by patriciamgr2
Sat Oct 08, 2016 9:51 am
Forum: Personal Finance (Not Investing)
Topic: ACA renewal - shop around.
Replies: 29
Views: 2736

Re: ACA renewal - shop around.

I have had an individual ("grandfathered" non-ACA) PPO plan with BCBS for decades now. I've been afraid to switch over to ACA in case ACA was repealed & I was stuck without any insurance. I've been hit with premium increases comparable to those seen on ACA policies. I also have a highe...
by patriciamgr2
Mon Sep 19, 2016 9:05 pm
Forum: Investing - Theory, News & General
Topic: The states we won't buy munis from, update
Replies: 50
Views: 6214

Re: The states we won't buy munis from, update

Thanks for sharing, Larry Swedroe. I appreciate the information.
by patriciamgr2
Mon Aug 29, 2016 8:59 am
Forum: Personal Consumer Issues
Topic: Eating Healthy/Meals for One
Replies: 65
Views: 5021

Re: Eating Healthy/Meals for One

I am a fan of frozen veggies too, but OP mentioned "tiny" freezer. While I use tinned or pouch-wrapped protein, & beans (if rinsed), I don't use a lot of tinned veggies.
by patriciamgr2
Sun Aug 28, 2016 9:48 pm
Forum: Personal Consumer Issues
Topic: Eating Healthy/Meals for One
Replies: 65
Views: 5021

Re: Eating Healthy/Meals for One

1. Eggs, organic tinned beans & wild-caught, sustainable tinned or pouched fish (tuna, salmon, etc--I get mine from Vital Choice, but as part of my frozen order; maybe Whole Foods or something comparable via Amazon would work for you???) all seem like good choices to add to fresh veggies. Make a...
by patriciamgr2
Sun Aug 28, 2016 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Buying house near church
Replies: 68
Views: 5994

Re: Buying house near church

check for outreach etc activities held during evening hours (teen programs, etc). Is there a day care existing or planned? Are there any church bells? Just visit the church & ask what their activities are. What is zoning? If church closes, what can be built on the lot? What restrictions, if any,...
by patriciamgr2
Mon Aug 22, 2016 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Homeowners should consider flood insurance
Replies: 78
Views: 7099

Re: Homeowners should consider flood insurance

Thanks for the excellent warning.

Our thoughts & prayers are with you, your family, your fellow officers & your neighbors during this difficult time.
by patriciamgr2
Sat Aug 20, 2016 11:30 am
Forum: Forum Issues and Administration
Topic: Improving the Bogleheads forum
Replies: 99
Views: 8792

Re: Improving the Bogleheads forum

To follow up on another poster's comment about encouraging Forum members to search before posting a new topic, I suggest that a pleasantly-worded reminder be placed on each Post a New Topic page. Perhaps something could be included that suggests that, if the poster reads relevant Wiki sections and t...
by patriciamgr2
Fri Aug 19, 2016 8:41 am
Forum: Personal Consumer Issues
Topic: Identity Theft...be proactive, don't panic
Replies: 10
Views: 1326

Re: Identity Theft...be proactive, don't panic

How did the thieves access your information? [I ask to learn if I or my loved ones have the same vulnerability]. Excellent tips, BTW, on how to recover quickly. Thanks for any information
by patriciamgr2
Thu Aug 18, 2016 3:26 pm
Forum: Personal Consumer Issues
Topic: credit score hit when closing cc accounts?
Replies: 11
Views: 754

Re: credit score hit when closing cc accounts?

I agree with jf89's advice. Knocking out your older credit history, in particular, can impact your score. If you're close to a credit band breakpoint, & if you plan to borrow$$ or get insurance underwritten soon, a credit score decrease might cost you.
by patriciamgr2
Tue Aug 16, 2016 6:45 am
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - Planning Questions ... UPDATE
Replies: 48
Views: 6205

Re: Early Retirement - Planning Questions

Also, please note that HSAs are generally only available with high deductible plans under ACA or the private insurance market. Subsidies (if you decide to forego Roth conversions and can avoid capital gains to minimize your taxable income) tend to favor silver plans, not high deductible options even...
by patriciamgr2
Tue Aug 16, 2016 6:31 am
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - Planning Questions ... UPDATE
Replies: 48
Views: 6205

Re: Early Retirement - Planning Questions

I haven't reviewed your entire post & am responding only to your last question on social security. My understanding is that, in its projections, Social Security assumes that for future years you will be making the same amount as your recent income. If you retire early, you'll instead be adding s...
by patriciamgr2
Tue Aug 09, 2016 1:55 am
Forum: Investing - Theory, News & General
Topic: Fidelity customers: Have you experienced pressure to buy active funds?
Replies: 76
Views: 5553

Re: Fidelity customers: Have you experienced pressure to buy active funds?

tuning fork: did they suggest a review of asset allocation percentages or did they suggest the same asset allocation but using active funds? I didn't understand your comment. Most of the firms I've used in the past (including Vanguard) would make comments on asset allocation percentages [e.g. I had,...
by patriciamgr2
Tue Aug 02, 2016 1:54 pm
Forum: Personal Consumer Issues
Topic: Should I flip my neighbor's house to save the neighborhood?
Replies: 72
Views: 7291

Re: Should I flip my neighbor's house to save the neighborhood?

As some have suggested, perhaps I will contact a few flipping outfits to inquire if there is interest to do it completely on their own. But, as others have pointed out, shouldn't they already know about the house if it's been on the market a while. Am I to ask them to reconsider, pretty please I wo...
by patriciamgr2
Mon Aug 01, 2016 10:26 pm
Forum: Personal Consumer Issues
Topic: Should I flip my neighbor's house to save the neighborhood?
Replies: 72
Views: 7291

Re: Should I flip my neighbor's house to save the neighborhood?

Flipping a house is a second job, even if you have a contractor-partner. Contractors need to focus on their "day job" first, & disputes often arise in partnerships like this about what type of time commitment the contractor & his subs are giving your project. The HELOC interest on ...
by patriciamgr2
Fri Jul 29, 2016 6:58 pm
Forum: Personal Consumer Issues
Topic: Diminished Value Appraisal Recommendation
Replies: 8
Views: 673

Re: Diminished Value Appraisal Recommendation

With Carfax, etc., there's little chance of the buyer not knowing of an accident. I'm old-fashioned enough that I would disclose it in any event. The last time I sold a car, CarMax questioned me at length about the nature of the accident & the type of repairs. I had all my documents from the rep...
by patriciamgr2
Thu Jul 28, 2016 10:10 pm
Forum: Personal Consumer Issues
Topic: Diminished Value Appraisal Recommendation
Replies: 8
Views: 673

Re: Diminished Value Appraisal Recommendation

Is there a compilation of state laws/formulas for Diminished Value online--google searches seem to link to paid services. For example,is there something like Nolo on DV issues? Thanks in advance for help locating online legal resources.
by patriciamgr2
Fri Jul 22, 2016 2:15 pm
Forum: Personal Consumer Issues
Topic: Should I spend 5k annually on travel?
Replies: 59
Views: 4909

Re: Should I spend 5k annually on travel?

Yes, travel as much as possible before having children. I'm not a fan of dragging little ones on long flights because of how uncomfortable it can be for them. Now is the time to travel widely & I'd suggest focusing on adventure travel. Lots of time in your future for closer-to-home adventures. G...
by patriciamgr2
Fri Jul 22, 2016 11:15 am
Forum: Investing - Help with Personal Investments
Topic: VG vs. Fido - The Grass Is Not Always Greener (or Is It?)
Replies: 69
Views: 8011

Re: VG vs. Fido - The Grass Is Not Always Greener (or Is It?)

I've posted my experiences several times already, but... Fidelity is clearly superior on customer service. Their website is better, the online chat feature is wonderful, and my Private Client Group team is responsive without ever being pushy. [I was a Vanguard Flagship client for decades.] At Fideli...
by patriciamgr2
Sat Jul 16, 2016 11:09 am
Forum: Investing - Theory, News & General
Topic: "How saving too much can make your retirement less satisfying"
Replies: 52
Views: 8209

Re: "How saving too much can make your retirement less satisfying"

I feel like this discussion has veered off into anecdotes about seniors who may be suffering cognitive difficulties. [BTW, with my own parents, we would give products & particularly services that we thought Mom should have & provided in-home coaching (by a delightful young lady who worked wi...
by patriciamgr2
Fri Jul 15, 2016 2:20 am
Forum: Personal Consumer Issues
Topic: What kind of car do Bogleheads like to drive?
Replies: 168
Views: 13289

Re: What kind of car do Bogleheads like to drive?

If you need AWD, I've had good experience with Subarus. Drove my last one for 14+ years; hoping to beat that with the new one. New CVT has improved gas mileage, but still not stellar.

Go to advanced search