Search found 6061 matches

by sport
Fri Nov 24, 2017 7:36 pm
Forum: Personal Consumer Issues
Topic: Car on last legs - need advice on transferring tag ...
Replies: 8
Views: 276

Re: Car on last legs - need advice on transferring tag ...

In my state, the dealer can provide a 20-day temporary tag for a small fee. (It might be 30 days now.) You can transfer the regular tags when you take them off the old car later.
by sport
Fri Nov 24, 2017 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Regrets for taking SS at 62 or waiting?
Replies: 67
Views: 4551

Re: Regrets for taking SS at 62 or waiting?

I took SS at 62, thirteen years ago. DW has a teacher's pension that eliminates any spousal benefit or survivor benefit from my SS. Since SS is supposed to be actuarially neutral, and since women live longer than men, it seemed that there was no advantage to waiting. Depending on my longevity, our f...
by sport
Thu Nov 23, 2017 12:08 pm
Forum: Personal Consumer Issues
Topic: CAR: Buy new, buy used (2016), lease new
Replies: 12
Views: 910

Re: CAR: Buy new, buy used (2016), lease new

Here is my OPINION.
Hondas hold their value very well. So, a late model used one will cost almost as much as a new one. Leasing will be more expensive than buying and keeping a longer time. Accordingly, for your situation, I would recommend buying a new one.
by sport
Mon Nov 20, 2017 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Do I need a cash reserve
Replies: 7
Views: 870

Re: Do I need a cash reserve

If the stock market tanks, you will no longer have a 60/40 AA. You will have something like 50/50 or 40/60, unless you rebalance. The bonds in your portfolio could be considered to be an emergency fund. However, you should keep some cash for small, or some not-so-small expenditures. The furnace coul...
by sport
Mon Nov 20, 2017 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Discover Card Change in Terms
Replies: 28
Views: 2679

Re: Discover Card Change in Terms

The things that bothered me were the very detailed and lengthy terms all of which were in their favor. The terms concerning arbitration were particularly objectionable. As far as their customer service: I have an early card where the rebates are tiered, starting at 1/4 % then 1/2 % then 3/4 % and th...
by sport
Mon Nov 20, 2017 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Discover Card Change in Terms
Replies: 28
Views: 2679

Discover Card Change in Terms

Today, I received a notice of the change in terms for my Discover Card account. I find the new terms very strict, heavy handed, and one sided. There is no hint of anything "customer friendly". Although I have had my Discover Card since 1986, I am inclined to tell them to close my account. According ...
by sport
Sun Nov 19, 2017 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: RMD and taxes
Replies: 16
Views: 1760

Re: RMD and taxes

friar1610 wrote:
Sun Nov 19, 2017 7:20 pm
VG will take out state taxes.
Vanguard will withhold state income taxes for some states and not for others. They will not withhold for my state (Ohio). If you need withholding for state taxes, verify that VG will do that before you depend upon it.
by sport
Sun Nov 19, 2017 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs Vanguard for Rollover IRA
Replies: 6
Views: 588

Re: Fidelity vs Vanguard for Rollover IRA

You know what you are doing now. However, you mention "cognitive decline". Should that occur, what will Fidelity talk you into buying? Do your heirs know how to avoid the high cost offerings. I prefer to not deal with a company that will try to take advantage of me given the opportunity.
by sport
Sun Nov 19, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 105
Views: 11425

Re: The valet smashed my Tesla into a brick wall!

Since the car is so new, can you ask the insurance company to replace it with another new one? They can then deal with getting "their car" repaired. By the time they pay for repairs to your car and compensate you for diminished value, it might not make much difference to them.
by sport
Sun Nov 19, 2017 1:01 am
Forum: Personal Finance (Not Investing)
Topic: Looking to payoff mortgage
Replies: 15
Views: 2110

Re: Looking to payoff mortgage

Most of this discussion does not consider long term possibilities. A mortgage is a long term arrangement. We know what interest rates are now, but what will they be in 5 or 10 years? Here is my real life experience from a long time ago: I had a 6.75% mortgage that was a good rate at the time. At one...
by sport
Sat Nov 18, 2017 6:10 pm
Forum: Personal Consumer Issues
Topic: Auto Insurance: AAA vs. Travellers
Replies: 18
Views: 1000

Re: Auto Insurance: AAA vs. Travellers

As long as you are shopping, shop the whole package: auto, home, etc. Often insurance companies give discounts for multi-policy customers. My discounts at State Farm are substantial.
by sport
Sat Nov 18, 2017 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Smoothing out a Property Tax bill
Replies: 13
Views: 742

Re: Smoothing out a Property Tax bill

I did something like this for many years. When I was paid twice each month, I added up all my large annual and semiannual expenses, and divided that total by 24. I set aside that amount from each paycheck in a money market fund. When the bills came, the money was there. When I was paid every 2 weeks...
by sport
Sat Nov 18, 2017 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor Services/Portfolio Review
Replies: 45
Views: 3297

Re: Vanguard Personal Advisor Services/Portfolio Review

A 60/40 allocation means that you are willing to see a 30% drop in your investments (more or less) when a big market correction occurs. Most certainly, your advisor discussed this with you. Nevertheless, you want to be sure you have the stomach to withstand this without panicking. Apparently, my ris...
by sport
Thu Nov 16, 2017 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: RMD's when changing broker?
Replies: 5
Views: 333

Re: RMD's when changing broker?

I have opened a new IRA at Merrill Edge, but have not moved assets from TDA. I must take my first RMD before 12/31/17. If I roll over first, how will ME know how much to take out based on 12/31/16 balance? (I do know the amount required.) Advice? You probably SHOULD take out your first RMD by 12/31...
by sport
Thu Nov 16, 2017 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Cashed out Inherited IRA used to justify IRA contribution?
Replies: 20
Views: 1098

Re: Cashed out Inherited IRA used to justify IRA contribution?

He cannot contribute to an IRA because that requires "earned income" such as wages, salaries, or profit from a business. However, if it has been less than 60 days, perhaps he can roll over the money into an IRA. If he can do this, taxes would be deferred until money is withdrawn. However, it seems t...
by sport
Thu Nov 16, 2017 12:45 pm
Forum: Investing - Theory, News & General
Topic: Retirement withdrawals - lump sums or piecemeal?
Replies: 4
Views: 531

Re: Retirement withdrawals - lump sums or piecemeal?

Shallowpockets wrote:
Thu Nov 16, 2017 9:00 am
What are your mechanics of that considering that it takes maybe a week to actually get the money where you can access it.
You don't say where the money is coming from. At Vanguard, you can arrange for automatic withdrawals at regular intervals.
by sport
Thu Nov 16, 2017 1:01 am
Forum: Personal Consumer Issues
Topic: Keep old cards active by paying yourself?
Replies: 20
Views: 2278

Re: Keep old cards active by paying yourself?

Afty wrote:
Wed Nov 15, 2017 11:37 pm
Can I ask why people want to keep accounts they never use open? Is it just for the impact on your credit score?
Yes. It is also good to have a backup card(s) in case the main one has problems.
by sport
Wed Nov 15, 2017 2:41 pm
Forum: Investing - Theory, News & General
Topic: Taking RMD'S
Replies: 15
Views: 1511

Re: Taking RMD'S

CABob wrote:
Wed Nov 15, 2017 2:21 pm
jefmafnl wrote:
Wed Nov 15, 2017 12:50 pm
If one wishes to donate some (but not all) of the RMD: does Vanguard have a minimum?

J
I'm not sure, but I have made QCDs as low as $50.
I have also done $50. It seems petty to bother with a lower amount.
by sport
Wed Nov 15, 2017 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Bill Paying Issues
Replies: 18
Views: 1284

Re: Bill Paying Issues

You can start letting DW pay the bills every other month. She would only need to enter the data for the payees as the bills come in, so it would not be the complete list at one time. You could help her enter that data. Once the data is entered, paying the bills is easy.
by sport
Wed Nov 15, 2017 9:29 am
Forum: Investing - Theory, News & General
Topic: Taking RMD'S
Replies: 15
Views: 1511

Re: Taking RMD'S

This may be old news to some, but I learned it hear a few weeks back and provided the advice to my mom. If you contribute to charities anyway, you may want to direct those RMDs to a charity of your choice. This will make them tax free. https://personal.vanguard.com/us/insights/article/QDC-RMD-tax-b...
by sport
Tue Nov 14, 2017 11:11 pm
Forum: Personal Consumer Issues
Topic: Keep old cards active by paying yourself?
Replies: 20
Views: 2278

Re: Keep old cards active by paying yourself?

I just use the "inactive" credit cards once or twice a year to make small purchases.
by sport
Tue Nov 14, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: hellstrip- who's responsible for an accident
Replies: 9
Views: 1381

Re: hellstrip- who's responsible for an accident

sil2017 wrote:
Tue Nov 14, 2017 12:35 pm
PS. another name for hellstrip is parkway. sorry, I didn't know till Public works mentioned it
Around here, that strip of grass is called a "tree lawn". I believe that terminology is local to this area.
by sport
Mon Nov 13, 2017 10:51 pm
Forum: Investing - Theory, News & General
Topic: Do DFA advisors get kickbacks?
Replies: 11
Views: 1612

Re: Do DFA advisors get kickbacks?

If a DFA advisor sold you a non-DFA fund that had 12b-1 fees, then it seems the answer would be yes.
Do they sell non-DFA funds?
by sport
Mon Nov 13, 2017 10:24 am
Forum: Personal Consumer Issues
Topic: Costco for tires and car insurance?
Replies: 76
Views: 5650

Re: Costco for tires and car insurance?

OP here again. Thanks again to everyone for sharing your experiences. I think I'll wait till next month and see if Costco does a sale on Michelins. I've got a set of Michelins for my 2007 Camry, which I'm in the process of selling. They've been good tires, so I feel inclined to get another set for ...
by sport
Sun Nov 12, 2017 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Bunching Deductions property state
Replies: 5
Views: 539

Re: Bunching Deductions property state

I think it all depends on the state and/or local rules. Here in Seattle it is not allowed to prepay property taxes in such a way that 3 payments can be bunched into one calendar year. I am able to bunch 4 semi-annual payments into one calendar year. I can make a payment in January, a payment in Jul...
by sport
Sun Nov 12, 2017 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Use or Lose $850 from Limited Expense FSA
Replies: 36
Views: 1681

Re: Use or Lose $850 from Limited Expense FSA

Night Driving Glasses?
by sport
Sun Nov 12, 2017 11:35 am
Forum: Personal Consumer Issues
Topic: Costco for tires and car insurance?
Replies: 76
Views: 5650

Re: Costco for tires and car insurance?

OP here again. Thanks again to everyone for sharing your experiences. I think I'll wait till next month and see if Costco does a sale on Michelins. I've got a set of Michelins for my 2007 Camry, which I'm in the process of selling. They've been good tires, so I feel inclined to get another set for ...
by sport
Sun Nov 12, 2017 11:31 am
Forum: Personal Consumer Issues
Topic: Warm Shirt for Winter
Replies: 41
Views: 4156

Re: Warm Shirt for Winter

Went to LL Bean and got a fleece lined flannel shirt, as recommended by DarthSage - $70 Ordered the same thing online from Costco, as suggested by Sport - $14 Only difference I can see/feel is that the LL Bean shirt has a light hood - other than that, they appear to be identical, and seem equally w...
by sport
Sun Nov 12, 2017 11:22 am
Forum: Personal Consumer Issues
Topic: Costco for tires and car insurance?
Replies: 76
Views: 5650

Re: Costco for tires and car insurance?

Does Costco have the ability to perform alignments? I don’t see an alignment rack at ours and can’t imagine why one would buy tires without getting an alignment. They do not perform alignments. They also have good prices on good batteries, but they do not install them. I believe that by limiting th...
by sport
Sun Nov 12, 2017 11:19 am
Forum: Personal Consumer Issues
Topic: Costco for tires and car insurance?
Replies: 76
Views: 5650

Re: Costco for tires and car insurance?

OP here again. Thanks again to everyone for sharing your experiences. I think I'll wait till next month and see if Costco does a sale on Michelins. I've got a set of Michelins for my 2007 Camry, which I'm in the process of selling. They've been good tires, so I feel inclined to get another set for ...
by sport
Sat Nov 11, 2017 2:48 pm
Forum: Personal Consumer Issues
Topic: Costco for tires and car insurance?
Replies: 76
Views: 5650

Re: Costco for tires and car insurance?

I like Costco for tires, not only because their prices are good but also because they do mounting, balancing, torquing lug nuts, etc. correctly. But wait until the brand you want is on sale because they will be at least once per month. I've been watching for several months in anticipation of replac...
by sport
Sat Nov 11, 2017 10:53 am
Forum: Personal Consumer Issues
Topic: Costco for tires and car insurance?
Replies: 76
Views: 5650

Re: Costco for tires and car insurance?

After reading this thread maybe I should shop around for car insurance. We have Ameriprise through Costco. For a long time. The reason I have not looked around is because the couple times we had to use the Ameriprise insurance, hail damage and one parking lot fender bender, we had excellent service...
by sport
Sat Nov 11, 2017 10:33 am
Forum: Investing - Theory, News & General
Topic: Retirees: I got this!!
Replies: 82
Views: 9700

Re: Retirees: I got this!!

I made sure that I was comfortable with our financial situation before I retired. If I were not confident, I would have delayed retiring. I have been retired 12 years and have not worried about finances during that time.
by sport
Sat Nov 11, 2017 10:26 am
Forum: Personal Consumer Issues
Topic: Swedish Death Cleaning [De-clutter your home]
Replies: 63
Views: 6796

Re: Swedish Death Cleaning

Our pictures and films will be digitized, and put onto CDs and thumb drives. Then the originals will be tossed. I would think twice about this. I have information on 5" floppy discs and 3.5" floppy discs that I cannot read. My computer does not have drives for those. (Yes, I know they could still b...
by sport
Sat Nov 11, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: Online Canadian Pharmacy
Replies: 19
Views: 2305

Re: Online Canadian Pharmacy

I am self insured, with an old health insurance policy that has been grandfathered in. I pay full price for any meds my family uses. Two family members use steroid inhalers for asthma. I buy these from a verified Canadian pharmacy, and have for years. As a previous poster wrote, it can take a few w...
by sport
Fri Nov 10, 2017 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: When would you take a part-time option?
Replies: 23
Views: 1735

Re: When would you take a part-time option?

I would work full time until I had enough to retire. Then I would quit. This maximizes your time in retirement. I really enjoy not having to go to work. OTOH, if you would want to work PT in retirement anyway, or if full time work is health problem, etc., then the calculation is different.
by sport
Fri Nov 10, 2017 10:17 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation
Replies: 10
Views: 986

Re: Asset Allocation

Your desired risk level is the same, whether or not you "count" your SS benefit. So, using your numbers, you should be 65/35 if you do not count SS or 35/65 if you do. If this allocation has too much risk for your taste, adjust both numbers accordingly. In other words, it does not make any differenc...
by sport
Fri Nov 10, 2017 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Losing HSA eligibility. Choosing a good alternative
Replies: 8
Views: 745

Re: Losing HSA eligibility. Choosing a good alternative

How about "backdoor" Roth IRA contributions?
by sport
Fri Nov 10, 2017 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Where to open small taxable brokerage account? (Vanguard vs. Schwab vs. Robo / MF vs. ETF)
Replies: 9
Views: 885

Re: Where to open small taxable brokerage account? (Vanguard vs. Schwab vs. Robo / MF vs. ETF)

If you ultimately want to have the account at Vanguard, I would accumulate the money in a bank savings account until you have 1K. Then, you can invest in a TR fund at Vanguard.
by sport
Fri Nov 10, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: 401K to IRA rollover
Replies: 10
Views: 633

Re: 401K to IRA rollover

Yes, I would do a rollover for sure. There are two ways to do a rollover. 1. Have the 401k custodian send a check made out to you. This is bad. They are required by law to withhold 20% for taxes. This 20% is a taxable withdrawal and is subject to a 10% penalty (if you are younger than 59.5) unless y...
by sport
Fri Nov 10, 2017 9:50 am
Forum: Personal Consumer Issues
Topic: Costco for tires and car insurance?
Replies: 76
Views: 5650

Re: Costco for tires and car insurance?

When I lived in Louisville, I bought tires from Costco. I had a problem with one that made a "thrumming" noise at highway speed, and Costco was not equipped to handle such a problem. I tried on several occasions to have them drive it, and they would not do so. They would inspect, everything "looked...
by sport
Thu Nov 09, 2017 10:10 pm
Forum: Personal Consumer Issues
Topic: Best Approach for Purchasing Many Furnishings
Replies: 27
Views: 1693

Re: Best Approach for Purchasing Many Furnishings

One other alternative would be a furnished apartment. That is what I did when I first moved from my parents home. All I had to buy was silverware, dishes, glasses, a few pots/pans, sheets and towels, a small TV and a vacuum cleaner. When I moved, I just put it all in the car with my clothes.
by sport
Thu Nov 09, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Where to allocate a $20,000 emergency fund
Replies: 16
Views: 1558

Re: Where to allocate a $20,000 emergency fund

Vanguard Prime Money Market has a yield of 1.14%. If you are willing to have a little fluctuation in value, Vanguard Ultra Short Term Bond fund has a yield of 1.61%. Either would be a sensible choice for an E fund.
by sport
Thu Nov 09, 2017 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Where to allocate a $20,000 emergency fund
Replies: 16
Views: 1558

Re: Where to allocate a $20,000 emergency fund

TonyDAntonio wrote:
Thu Nov 09, 2017 3:41 pm
How about $10,000 in Ibonds for you and your wife?
I bonds cannot be cashed during the first year. If someone wanted to use this for an E fund, they should stagger the purchases.
by sport
Thu Nov 09, 2017 3:30 pm
Forum: Investing - Theory, News & General
Topic: When is a good time to rebalance?
Replies: 30
Views: 2282

Re: When is a good time to rebalance?

Another interesting question is the size of the rebalance transaction: For those with rebalancing bands, do you rebalance enough to get inside the band, or do you rebalance all the way to your target AA?
by sport
Thu Nov 09, 2017 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Anyone own a home and drop insurance coverage after mortgage paid off?
Replies: 61
Views: 5070

Re: Anyone own a home and drop insurance coverage after mortgage paid off?

I would not drop home insurance but I do have my under insured. Basically to cover the cost of the dwelling when you do the math. Took some bickering with my agent but I got it done. Where I live the property is worth about 35-50% of the value. Lots are so expensive. So to me it made sense but like...
by sport
Wed Nov 08, 2017 4:23 pm
Forum: Personal Consumer Issues
Topic: Car battery?
Replies: 53
Views: 3471

Re: Car battery?

After an episode where Sears Automotive tried to cheat me, I have been reluctant to get auto service there. They also seem to be slowly going out of business. A busy Sears store in my area closed last year. Additional closings nationwide were recently announced.
by sport
Wed Nov 08, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Fund question - active vs. managed (VBMFX vs. PICYX)
Replies: 16
Views: 800

Re: Bond Fund question - active vs. managed (VBMFX vs. PICYX)

If the active fund has better performance with a higher expense ratio, then they are taking higher risk somewhere to provide that return. Sometimes the risk shows up. You might want to take a look at the quality of the bonds held by each fund. Duration is not the only form of risk for a bond fund. P...
by sport
Wed Nov 08, 2017 4:14 pm
Forum: Investing - Theory, News & General
Topic: When is a good time to rebalance?
Replies: 30
Views: 2282

Re: When is a good time to rebalance?

I rebalance whenever my AA is off by more than my allowed amount. Usually, the allocation to stocks has grown too high, so the risk level of my holdings is therefore too high. In this case, rebalancing reduces the risk level back to where I want it to be.
by sport
Wed Nov 08, 2017 1:39 pm
Forum: Investing - Theory, News & General
Topic: RMDs – Best time to take during the year?
Replies: 12
Views: 1477

Re: RMDs – Best time to take during the year?

Here is what I do: When you reach 70.5, you are allowed to make Qualified Charitable Distributions (QCDs) that count towards your Required Minimum Distribution (RMD) from an IRA. The QCDs are not taxable. However, the first withdrawals from an IRA count towards your RMD. So, if you want to make QCDs...