Search found 693 matches

by patriciamgr2
Mon Aug 22, 2016 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Homeowners should consider flood insurance
Replies: 68
Views: 4908

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: 86
Views: 5892

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: 1140

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: 626

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
Replies: 22
Views: 3182

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
Replies: 22
Views: 3182

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: 4871

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: 6615

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: 6615

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: 602

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: 602

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: 4554

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: 7198

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: 7569

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: 123
Views: 8316

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.
by patriciamgr2
Thu Jul 14, 2016 2:46 pm
Forum: Investing - Theory, News & General
Topic: "How saving too much can make your retirement less satisfying"
Replies: 52
Views: 7569

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

My problem with Chuck Jaffe's analysis is that he is justifying 6%+ SWRs for today's retirees who face unusually low bond yields and equity prices which appear to me to be approaching full valuation (using, for example, Shiller PE method). Equity valuations appear to be driven by the historically lo...
by patriciamgr2
Thu Jul 14, 2016 1:15 am
Forum: Investing - Theory, News & General
Topic: Any thoughts on REIT run up so far?
Replies: 14
Views: 2050

Re: Any thoughts on REIT run up so far?

I'm not one of the Forum's REIT experts, but I will point out that in the fall, REITs will have a separate index (no longer with the Financials ). A recent WSJ article speculated on tax effects of the forced sales on holders of Financial sector funds, but also mentioned a belief that the separation ...
by patriciamgr2
Thu Jul 14, 2016 1:05 am
Forum: Investing - Theory, News & General
Topic: "How saving too much can make your retirement less satisfying"
Replies: 52
Views: 7569

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

With respect, Mr Jaffe needs to visit the type of nursing home one can afford with only Medicaid before encouraging retirees to spend down their savings aggressively. I hope to die at home without needing any extensive health care services, but that may not happen. I can't predict 30+ years into the...
by patriciamgr2
Thu Jul 14, 2016 12:58 am
Forum: Investing - Theory, News & General
Topic: The age old question of Fido or VG
Replies: 12
Views: 1104

Re: The age old question of Fido or VG

I've received much better customer service from Fidelity. I did not sell my Vanguard funds or ETFs when I transferred my assets to Fidelity--it's the best of both worlds. For new investments, I have used some iShares products which are commission free at Fidelity. Obviously, if I were dollar-averagi...
by patriciamgr2
Mon Jul 11, 2016 9:58 pm
Forum: Investing - Theory, News & General
Topic: Fidelity customers: Have you experienced pressure to buy active funds?
Replies: 76
Views: 4871

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

No pressure whatsoever. I'm in the private client group (whatever that means) & have a team assigned to me. They answer questions quickly. The chat feature on the website was wonderful for resolving the few minor glitches I experienced after I first transferred my money (which weren't Fid's faul...
by patriciamgr2
Mon Jul 11, 2016 9:11 am
Forum: Personal Consumer Issues
Topic: Please Share Successful Fundraising Ideas for Small Not-For-Profit
Replies: 10
Views: 616

Re: Please Share Successful Fundraising Ideas for Small Not-For-Profit

Thanks for the helpful comments--keep them coming! I really appreciate you busy people taking the time to help.
by patriciamgr2
Mon Jul 11, 2016 2:16 am
Forum: Personal Consumer Issues
Topic: Please Share Successful Fundraising Ideas for Small Not-For-Profit
Replies: 10
Views: 616

Please Share Successful Fundraising Ideas for Small Not-For-Profit

A small not-for-profit I've donated to in the past provides services to low-income seniors. In the past, funds have been raised through a wine-tasting and silent auction event. They're looking for new ideas. I know many Bogleheads are involved in philanthropy. Do you have any fundraising ideas which...
by patriciamgr2
Wed Jun 29, 2016 7:01 pm
Forum: Personal Consumer Issues
Topic: Expenses for Retirees 5+ years
Replies: 9
Views: 1573

Re: Expenses for Retirees 5+ years

Biggest increase by far: health insurance costs & health care expenses. (I'm quite healthy, so it's been dental & vision expenses). Only going to get worse until Medicare kicks in. Biggest decrease: I spent quite a bit of money on continuous travel in my first 3 years of retirement &, wh...
by patriciamgr2
Wed Jun 22, 2016 8:32 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Mel! Boglehead #2.
Replies: 41
Views: 2960

Re: Happy Birthday to Mel [Lindauer]

I'll add my congratulations (a bit late) to the chorus. Happy Birthday & Thank You for everything you do for the Boglehead Forum.
by patriciamgr2
Fri Jun 17, 2016 10:39 am
Forum: Investing - Theory, News & General
Topic: "How to Make Your Money Last" -- A Gem
Replies: 43
Views: 9249

Re: "How to Make Your Money Last" -- A Gem

Thanks so much for posting. I appreciate your continued guidance on important financial topics!
by patriciamgr2
Mon Jun 13, 2016 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Retirement, real estate and investments
Replies: 3
Views: 676

Re: Retirement, real estate and investments

What is your projected tax on the capital gain? Be sure to include all improvements (but not repairs) when you calculate your current basis. When you have the estimate of the capital gains tax you'll pay if you lose the homeowners' exemption, you can identify whether realistically you expect that le...
by patriciamgr2
Tue Jun 07, 2016 9:14 am
Forum: Personal Consumer Issues
Topic: Kitchen remodeling increases home value?
Replies: 30
Views: 1980

Re: Kitchen remodeling increases home value?

I suspect the "numerous places" that cite only a 5% loss on remodeling costs may have information supplied by the remodeling industry. Sometimes, surveys of homeowners don't control for general price appreciation in their area--they just rely on self reports of how much was spent & the...
by patriciamgr2
Tue Jun 07, 2016 1:50 am
Forum: Investing - Help with Personal Investments
Topic: What is a reasonable decline in spending as we age?
Replies: 72
Views: 4898

Re: What is a reasonable decline in spending as we age?

So, TimeLord: assuming your percentage calculations account for inflation, am I correct in that you believe you'll be spending significantly more on travel, etc. in your early years than you'll be spending on health care in your later years? A nursing home for 1 spouse can run $60K per year; that's ...
by patriciamgr2
Mon Jun 06, 2016 10:08 pm
Forum: Personal Consumer Issues
Topic: Kitchen remodeling increases home value?
Replies: 30
Views: 1980

Re: Kitchen remodeling increases home value?

I forgot to mention: in additional to aggressive decluttering & extreme cleaning, you absolutely need to remove pet odors to prep your house for sale. Cat owners, in particular, don't seem to smell the odors any more (probably subjected to hypnosis by their feline friends). This step may cost mo...
by patriciamgr2
Mon Jun 06, 2016 9:58 pm
Forum: Personal Consumer Issues
Topic: Kitchen remodeling increases home value?
Replies: 30
Views: 1980

Re: Kitchen remodeling increases home value?

Remodeling returns less than 100 cents on each dollar spent (ie there's no financial "return"--you lose part of your "investment"). That's before considering any increased food & living expenses if you need to eat out or move during the remodel & the blood/sweat/tears inv...
by patriciamgr2
Mon Jun 06, 2016 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: What is a reasonable decline in spending as we age?
Replies: 72
Views: 4898

Re: What is a reasonable decline in spending as we age?

If you both choose to move to a CCRC in advance of a medical emergency, selling your home can fund the entry fee. But, it is not atypical for one spouse suddenly to need to be in a nursing home (think: stroke) while the other may wish to maintain the family home. I'd suggest running numbers on (1) h...
by patriciamgr2
Fri Jun 03, 2016 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: Need help inside of VanGuard, please help... Desperate
Replies: 30
Views: 2562

Re: Need help inside of VanGuard, please help... Desperate

Contact Fidelity ASAP. They often have promotions that give you X free trades when you transfer funds. Be very specific about what you're transferring & what you'd be buying. You can use free trades to buy Vgd ETF or take a look at the low-cost Spartan index funds or iShares funds. I'd suggest c...
by patriciamgr2
Fri Jun 03, 2016 3:46 pm
Forum: Personal Consumer Issues
Topic: What TYPE of books do you like to read?
Replies: 48
Views: 2225

Re: What TYPE of books do you like to read?

for fun, mysteries!
by patriciamgr2
Mon May 30, 2016 11:06 am
Forum: Personal Consumer Issues
Topic: Anyone convert a van for travel/camping?
Replies: 38
Views: 3689

Re: Anyone convert a van for travel/camping?

Have you ever rented a Roadtrek or Pleasure Way camper van? I rented (from a private owner) one of the Roadtreks (I think it had the Mercedes engine) & it was easy to drive. They're expensive to purchase despite (or maybe because of) their small size. Personally, I would not advise doing a conve...
by patriciamgr2
Mon May 23, 2016 12:47 am
Forum: Investing - Theory, News & General
Topic: "A Wealth of Common Sense" -- A Gem
Replies: 8
Views: 2154

Re: "A Wealth of Common Sense" -- A Gem

I also subscribe to the Common Sense blog. Thanks for posting this "gem", Taylor!
by patriciamgr2
Thu May 19, 2016 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Special Considerations for High Net Worth? Advisor?
Replies: 40
Views: 2771

Re: Special Considerations for High Net Worth? Advisor?

Many of the services HNW families need come from outside advisors. You will need specialized advice on estate planning, asset protection and tax issues. I'd rather see you spend some of the AUM fee you're currently paying on accessing that advice instead. If you or spouse's profession may result in ...
by patriciamgr2
Wed May 18, 2016 11:23 am
Forum: Investing - Help with Personal Investments
Topic: Early retirement: how to protect savings needed before age 59.5 against inflation?
Replies: 14
Views: 2487

Re: Early retirement: how to protect savings needed before age 59.5 against inflation?

Although I do not plan to purchase TIPS at current interest rates, I bought many TIPS bonds in the past & they appreciated nicely. For a while, few people followed that investment, so I think early investors got good yields based on lack of demand. You can purchase TIPS new issues (which include...
by patriciamgr2
Tue May 17, 2016 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance or Not?
Replies: 41
Views: 2716

Re: Long Term Care Insurance or Not?

Lady G: Your policy benefits sound great compared to what can be purchased today. Rather than cancel the insurance, as you noted, if a future increase is horrifyingly large, you can consider reducing the benefit at that time. I also urge you to call the business office of a CCRC you'd consider joini...
by patriciamgr2
Tue May 17, 2016 11:09 pm
Forum: Personal Consumer Issues
Topic: Elliptical trainer
Replies: 43
Views: 2223

Re: Elliptical trainer

My strong suggestion: never buy any exercise equipment you can't try out first, either at a fitness equipment store which handles multiple lines or through guest memberships in a gym. The Cybex ARC trainer is great IMO because in the mid range (which most resembles an elliptical), the machine keeps ...
by patriciamgr2
Tue May 17, 2016 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: A situation to consider leasing a car?
Replies: 16
Views: 1339

Re: A situation to consider leasing a car?

I understand that 3000 miles is the distance you would have to transport the car in the future when you change jobs. It IS expensive to have a car transported (see other threads on this Forum). I've driven a car a long distance (while using movers for possessions)--but I didn't have kids. Towing it ...
by patriciamgr2
Mon May 09, 2016 8:56 pm
Forum: Personal Consumer Issues
Topic: Steam Shower - Your experiences?
Replies: 30
Views: 3825

Re: Steam Shower - Your experiences?

I adore steam showers, especially after exercise. I second other posters' comments about hiring a contractor who knows how to plumb, waterproof, finish etc. a small steam shower stall efficiently. I also encourage you to focus on how easy it is to access the mechanicals; that's important for cleanin...
by patriciamgr2
Mon May 09, 2016 8:26 pm
Forum: Personal Consumer Issues
Topic: Buying a house for an adult child (child adult?)
Replies: 94
Views: 8763

Re: Buying a house for an adult child (child adult?)

Also, OP, have you checked whether you can actually get a mortgage on a second home? Lenders can be fussy if you're planning to make the payments out of assets. If you have a guaranteed pension & soc sec that cover mortgage, expenses on both homes, etc.--you may be able to get mortgage. Other Fo...
by patriciamgr2
Mon May 09, 2016 8:12 pm
Forum: Personal Consumer Issues
Topic: Buying a house for an adult child (child adult?)
Replies: 94
Views: 8763

Re: Buying a house for an adult child (child adult?)

I agree that this is a terrible idea for you & your wife. The tax issues alone make it a bad idea. If the down payment is actually a LOAN from a 401k, what is your son/Dil's plan on how the 401K loan amount would be repaid if they change jobs (or lose a job)--or alternatively, how they would pay...
by patriciamgr2
Sat Apr 23, 2016 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Hourly Financial Analysis--Where to Find
Replies: 16
Views: 1693

Re: Hourly Financial Analysis--Where to Find

Biffer: That's an excellent point & the initial contacts I made (before posting) confirmed that none of those advisors had any interest in a one-off, billed-by-the-hour project. Also, there aren't many advisors in our area. I'm trying to assemble a list of virtual advisors (I'd be ok with that; ...
by patriciamgr2
Sat Apr 23, 2016 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Hourly Financial Analysis--Where to Find
Replies: 16
Views: 1693

Re: Hourly Financial Analysis--Where to Find

Thanks to all for the helpful suggestions.
by patriciamgr2
Thu Apr 21, 2016 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: Hourly Financial Analysis--Where to Find
Replies: 16
Views: 1693

Hourly Financial Analysis--Where to Find

I know most of us are DIYers, but a friend needs someone to analyze her family's current financial situation & advise on (1) using workplace savings plans & IRAs; (2) college savings (529s & strategies to maximize financial aid eligibility); and (3) whether retirement savings are on trac...
by patriciamgr2
Thu Apr 21, 2016 6:16 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri to start robo advisor business
Replies: 10
Views: 5125

Re: Rick Ferri to start robo advisor business

OP: Is an edit of the title in order?

PS Good to hear from Rick Ferri. I always appreciate his input on this Forum.
by patriciamgr2
Wed Apr 20, 2016 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Got laid off, when can I file for unemployment?
Replies: 44
Views: 5163

Re: Got laid off, when can I file for unemployment?

I'm pretty conservative even though I don't use health insurance much currently. In my own mind, I envision being protected if I were to be hit by an uninsured driver while I'm out on my bicycle. I would want access to the best ortho surgeons, rehab, etc. I don't have time to read the linked county ...
by patriciamgr2
Wed Apr 20, 2016 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Got laid off, when can I file for unemployment?
Replies: 44
Views: 5163

Re: Got laid off, when can I file for unemployment?

Epsilon Delta: thx for sharing that helpful information. great post for those leaving a job. Am I correct that another "gotcha" is that if you fail to apply for ACA within the 60 day time period (instead choosing to rely on COBRA), you have to wait for the annual ACA enrollment period if y...
by patriciamgr2
Wed Apr 20, 2016 1:49 am
Forum: Personal Finance (Not Investing)
Topic: Got laid off, when can I file for unemployment?
Replies: 44
Views: 5163

Re: Got laid off, when can I file for unemployment?

You want either COBRA or your state's ACA (Obamacare) health insurance in place. We wish you well in your job search, but not having health insurance is an unacceptable risk no matter how great your health is. HR departments sometimes move slowly even for the best candidates so even a wildly success...

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