Search found 34 matches

by rholt
Fri Apr 21, 2017 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Switching Insurance Companies - How painful is it?
Replies: 6
Views: 645

Switching Insurance Companies - How painful is it?

We have been with USAA for at least two decades. We have a whole suite of insurance with them, house, auto, life, umbrella, VPP. But lately - particularly on the auto side - I am feeling a little ripped off. I want to do some comparison shopping (probably with Geico). Question - how painful is it sw...
by rholt
Wed May 07, 2014 10:41 am
Forum: Personal Consumer Issues
Topic: What is the best all-inclusive resort you have ever visited?
Replies: 45
Views: 7789

Re: What is the best all-inclusive resort you have ever visi

We recently stayed at the Iberostar Parisio Maya - south of Cancun. I give it 4 or 5 stars in all categories except food - where is just get 3 stars.
by rholt
Wed May 07, 2014 9:44 am
Forum: Personal Consumer Issues
Topic: What is the best all-inclusive resort you have ever visited?
Replies: 45
Views: 7789

Re: What is the best all-inclusive resort you have ever visi

My experience is that getting really top quality food at all-inclusives can be a challenge.
by rholt
Wed Nov 14, 2012 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Employer about to switch 401k to Principal Financial Group
Replies: 33
Views: 30531

Employer about to switch 401k to Principal Financial Group

(Sorry for the cross-post - initially put in wrong forum) [responses merged into this thread -- admin LadyGeek] My employer - for reasons unknown - is switching our 401k provider from Fidelity to the Principal Financial Group. I fear this is bad news - but I am not yet sure. The company has made a f...
by rholt
Wed Nov 14, 2012 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Employer about to switch 401k to Principal Financial Group
Replies: 33
Views: 30531

Employer about to switch 401k to Principal Financial Group

My employer - for reasons unknown - is switching our 401k provider from Fidelity to the Principal Financial Group . I fear this is bad news - but I am not yet sure. The company has made a few benefit changes recently - all in the bad direction (don't even ask me about my Health Insurance). Questions...
by rholt
Sun Aug 26, 2012 9:57 pm
Forum: Personal Consumer Issues
Topic: big diamond ring
Replies: 80
Views: 12257

Re: big diamond ring

Just purchased a $23K solitaire necklace from Bluenile. No regrets.
by rholt
Fri Sep 30, 2011 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America to Charge $5/Month for Debit Cards
Replies: 148
Views: 13220

I guess I just don't see the use of debit cards. Why not just use a credit card and pay it off every month? You get card rewards and a 30 float on the money. This. And don't forget all the additional fraud and theft protections built into a credit card (relative to a debit card). In my opinion - th...
by rholt
Wed Sep 07, 2011 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Account for kids?
Replies: 22
Views: 2110

Because savings account only return 1% annually. I want to teach my kids about savings AND investing. Fine, but at what age? Can your four year old read their portfolio online at Vanguard.com? Understand asset allocation (you need some jelly beans and some chocolate bars so that if sugar prices spi...
by rholt
Wed Sep 07, 2011 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Account for kids?
Replies: 22
Views: 2110

Savings accounts are not a good option. Why not? Savings accounts are for education. Explain a 529 or I bond to your five year old. If you understand a piggy bank, you can understand a savings account. My seven year old granddaughter is already a saver. When she gets gift money, she wants to put it...
by rholt
Tue Sep 06, 2011 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Account for kids?
Replies: 22
Views: 2110

I would choose option b) - but kick in some of your own money when opening the account so he avoids all low balance issues. I love 529 accounts - but if you really think he might go to college outside the US, then it may not be a good option. Savings accounts are not a good option. What are CD rates...
by rholt
Tue Mar 01, 2011 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Animal Charities
Replies: 68
Views: 6333

bhoy wrote:I like...

http://www.farmsanctuary.org/


+1
by rholt
Tue Dec 14, 2010 1:10 pm
Forum: Investing - Theory, News & General
Topic: How I Learned to Stop Worrying & Love Bankruptcy
Replies: 35
Views: 4738

Re: Repay the lender ?

Bogleheads: Question: What would you decide if other collateral was insufficient to secure the SBA loan? Mortgage the house or not? I agree that is a dilemma. There is no denying that if the costs of default go down (in terms of social stigma) then lenders will 'build this in' by raising rates and ...
by rholt
Tue Dec 14, 2010 12:06 pm
Forum: Investing - Theory, News & General
Topic: How I Learned to Stop Worrying & Love Bankruptcy
Replies: 35
Views: 4738

Corporations should be held to the same standards -- it's morally wrong for them as well . The public at large seems to end up holding the bag in all of these situations. Again, if there's no moral reason not to file bankruptcy (interesting phrase we hear these days, "strategic default"),...
by rholt
Tue Dec 14, 2010 12:02 pm
Forum: Investing - Theory, News & General
Topic: How I Learned to Stop Worrying & Love Bankruptcy
Replies: 35
Views: 4738

Re: Our word should be our bond.

In my opinion, using the law to avoid paying a debt you have agreed to pay (and can pay) is morally wrong. You certainly have a right to this opinion. Personally - if I was counseling a friend who was suffering substantial economic hardship that could (on net) be substantially alleviated by default...
by rholt
Tue Dec 14, 2010 9:19 am
Forum: Investing - Theory, News & General
Topic: How I Learned to Stop Worrying & Love Bankruptcy
Replies: 35
Views: 4738

Then why limit chapter 7 and 13 bankruptcy discharges to every 8 and 6 years (IIRC)? Why not an unlimited number? Not sure I follow. I don't think anyone is arguing for a change in the law. I am just saying that it is ok for people to use all legal avenues availible to them. There is only one valid...
by rholt
Mon Dec 13, 2010 1:23 pm
Forum: Investing - Theory, News & General
Topic: How I Learned to Stop Worrying & Love Bankruptcy
Replies: 35
Views: 4738

Wow, that's not the moral code I'd like to see instilled into our children. . I am still at a loss as to why some people view the decision to file for bankruptcy as an issue with moral implications. It seems very odd that there would exist a business transaction in which one party (the lender) is o...
by rholt
Tue Nov 23, 2010 10:47 am
Forum: Investing - Theory, News & General
Topic: Big changes to Virginia 529 portfolios
Replies: 5
Views: 1211

This is interesting. I am suprised I didn't get a letter with this information.
by rholt
Wed Mar 03, 2010 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing CDs through Vanguard
Replies: 6
Views: 1280

Re: Purchasing CDs through Vanguard

dm200 wrote:2. You can not redeem early, but can sell (at market value less significant fees/costs) on the secondary market.


Ouch - that is problematic.
by rholt
Wed Mar 03, 2010 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing CDs through Vanguard
Replies: 6
Views: 1280

Also - will CDs purchased through Vanguard brokerage show up in Vanguards portfolio analysis tools?

Thanks,
by rholt
Wed Mar 03, 2010 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing CDs through Vanguard
Replies: 6
Views: 1280

Purchasing CDs through Vanguard

Has anyone ever done it? How was the experience? Are the rates competitive? Does it even make sesne to purchase CDs through Vanguard?

Thanks
by rholt
Mon Jan 25, 2010 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Will More Borrowers Walk Away From Their Mortgages? - NYT
Replies: 53
Views: 6316

All I would ever argue is that the home owners should behave optimally - period.
by rholt
Mon Jan 25, 2010 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Will More Borrowers Walk Away From Their Mortgages? - NYT
Replies: 53
Views: 6316

I completely agree with the sentiments expressed in the above quotes. It is interesting to note that large commercial entities have no qualms when it comes to using defualt strategically. See for example the news today - "Tishman Venture Gives Up Stuyvesant Project High-Profile Purchase of Manh...
by rholt
Thu Jan 07, 2010 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Walk Away From Your Mortgage!
Replies: 46
Views: 6765

Rick Ferri wrote:IMO, the only trip this people should be taking is in the back of a squad car to the county jail.

Rick Ferri


Huh? Why? Is it illegal to default on a mortgage? Are you making a fraud argument?
by rholt
Thu Jan 07, 2010 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Walk Away From Your Mortgage!
Replies: 46
Views: 6765

I agree with the thrust of this argument. People should act rationally.
by rholt
Mon Nov 23, 2009 9:41 am
Forum: Personal Consumer Issues
Topic: January 28th, 1986: Where were you?
Replies: 49
Views: 7803

I was a freshman at Purdue University. I dormed with a bunch of aero engineeers. That group was pretty shaken up by it. I didn't see the explosion live - which I am thankful for.
by rholt
Fri Sep 04, 2009 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Mint.com
Replies: 15
Views: 3345

Mint.com

Any opinions? I am thinking of giving it a spin.
by rholt
Wed Jul 22, 2009 9:48 am
Forum: Personal Consumer Issues
Topic: Settlers of Catan
Replies: 43
Views: 6854

For those interested in learning about Catan and other board games - this is the go-to site.

www.boardgamegeek.com
by rholt
Wed Jul 22, 2009 9:29 am
Forum: Personal Consumer Issues
Topic: Settlers of Catan
Replies: 43
Views: 6854

It's one of the most popular recent board games. It's been very popular for the last 10 or 15 years. It really needs 4+ people to work. Two is no fun and with three one person gets ganged up on. There are lots of official add ons that can make it expensive, but it is a really fun game. Paul Disagre...
by rholt
Tue Jul 07, 2009 12:12 pm
Forum: Personal Consumer Issues
Topic: GMail feature
Replies: 29
Views: 5035

Re: How about Google Sync?

ddb wrote:
I've always been a fanboy of Microsoft products, but am finding myself living a more Google-centric computing lifestyle lately.

- DDB


Yes - same experience here. I am a big fan of Google Calendar
by rholt
Thu Feb 05, 2009 1:35 pm
Forum: Investing - Theory, News & General
Topic: Markopolos's Testimony to Congress on Madoff and the SEC
Replies: 63
Views: 9564

I have heard a theory (just a theory) that many of Madoff's investors knew this his returns were to good to be true. In particular - they assumed he was trading on insider information.

Comments?
by rholt
Wed Feb 04, 2009 3:27 pm
Forum: Personal Consumer Issues
Topic: What happened to College costs?
Replies: 121
Views: 16264

The country needs more tradespeople and less history majors. I am not sure this is true. Is there any evidence that this country suffers from a general shortage of trades people? If that were the case - I would expect to see the wages for those folks to have been bid-up. Has there been an increase ...
by rholt
Wed Feb 04, 2009 8:39 am
Forum: Investing - Theory, News & General
Topic: The perverse incentives of student loans
Replies: 16
Views: 2728

I suspect your conversations with Jenny and Claire reveal much more about their personality and IQ than the system of student loans. I agree. The US is exiting a period in which it embraced (to an insane degree) debt in every form. This culture of debt lead to an erosion in the sense of obligation ...
by rholt
Thu Dec 20, 2007 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Flagship
Replies: 10
Views: 3031

Flagship

It has been a long haul - but looks like my wife and I now qualify for Flagship. It is clear that the 12 free trades will come in handy. I don't trade much - but when I do - it will be nice to not pay the commission. Question - what other Flagship services do people actually use? When I look at the ...
by rholt
Wed Apr 11, 2007 9:13 am
Forum: Personal Finance (Not Investing)
Topic: OT - How do you mail your tax return?
Replies: 31
Views: 12305

OT - How do you mail your tax return?

Regular US Mail? Registered Mail? Other?

Thanks