Search found 627 matches

by Big Dog
Fri Feb 16, 2018 1:58 pm
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 69
Views: 3385

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

Here in CA, Uninsured coverage is limited to $30,000 or some relatively small figure. I don't believe that to be correct. Uninsured Property Damage is limited to $3500 (fixing your own car). But, the liability limits for bodily injury is the same as your regular policy limits. btw: A few years ago,...
by Big Dog
Fri Feb 16, 2018 12:44 pm
Forum: Personal Consumer Issues
Topic: Getting healthcare retroactively covered under COBRA?
Replies: 8
Views: 711

Re: Getting healthcare retroactively covered under COBRA?

spirt rider has it correct.
Theoretically I could call the insurer (Blue Cross Blue Shield),
Not likely. You will need to contact your former employer's HR. Only they -- or their outsourcer for COBRA) can enroll you retroactively.
by Big Dog
Wed Feb 14, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Is This Action by Megacorp Legal?
Replies: 64
Views: 3556

Re: Is This Action by Megacorp Legal?

It's somewhat surprising to me that many here are condemning a new retiree for not taking immediate action. I wonder how many who ask this question are new retirees who are still learning the ropes. This has (almost) nothing to do with being a retiree. By law, MegaCorp has to notify all Plan partic...
by Big Dog
Wed Feb 14, 2018 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Helping Mom with Taxes
Replies: 40
Views: 1816

Re: Helping Mom with Taxes

Take a look at the prior year returns first, many questions will then be answered. This. When I took over my MIL's taxes, I just took the previous year's work by the accountant and loaded it into last year's turbo tax. It wasn't difficult, and I came out with the exact same numbers as her accountan...
by Big Dog
Wed Feb 14, 2018 10:10 am
Forum: Personal Consumer Issues
Topic: Buying Iphone X with AT&T
Replies: 16
Views: 753

Re: Buying Iphone X with AT&T

Verizon was offering a no-interest "loan" for the X, so it made more sense to me to pay over 24 months.
by Big Dog
Sat Feb 10, 2018 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 116
Views: 10436

Re: Anybody else Age - 10 in bonds, rest in stocks

Good, at least someone has twisted the thing backwards around. Not that I agree or disagree with your particular asset allocation, but the issue needs some fresh thought. full disclosure: the last week or so has gotten me a little more nervous if only bcos I'm being pushed out of my job, so retirem...
by Big Dog
Sat Feb 10, 2018 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 116
Views: 10436

Re: Anybody else Age - 10 in bonds, rest in stocks

never been close. Was 100%/0 until age `60.

Now, age in equities.
by Big Dog
Fri Feb 09, 2018 10:52 am
Forum: Personal Consumer Issues
Topic: Multiiple indicator lights on (car)
Replies: 44
Views: 1610

Re: Multiiple indicator lights on (car)

There’s a reasonable chance all 4 are caused by low battery voltage / bad alternator. That was my first guess. And in our case, we had a belt snap last month, so the alternator was not working. Every idiot light on the dash went on. But since it was only a belt, it was a cheap fix. Note, however, w...
by Big Dog
Thu Feb 01, 2018 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off future DIL's school loans?
Replies: 28
Views: 1493

Re: Pay off future DIL's school loans?

It would be one heck of a wedding gift.
Exactly. (I would not recommend paying them down prior to the wedding.)
by Big Dog
Mon Jan 29, 2018 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's advice on bond portion of portfolio
Replies: 42
Views: 5852

Re: Vanguard's advice on bond portion of portfolio

These bonds are currency hedged so you don't have to worry about currency fluctuation...
Doesn't this: 1) raise transactions costs; 2) hinder the yield, since the recent run up in international bonds is primarily a drop in the US dollar?
by Big Dog
Sun Jan 28, 2018 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Capital Gains Problem When Changing Brokers
Replies: 18
Views: 772

Re: Capital Gains Problem When Changing Brokers

Regarding moving the taxable accounts over "in kind" or selling them at Edward Jones and having the cash sent to Fidelity. I presume if I sell them at Edward Jones and moved the cash they will do all the cost basis calculations for me? Suggest you call Fidelity tomorrow and ask if they offer the sa...
by Big Dog
Sun Jan 28, 2018 12:45 pm
Forum: Personal Consumer Issues
Topic: How to choose a college
Replies: 67
Views: 2675

Re: How to choose a college

This sort of attitude is really annoying to read. Calling people who major in engineering and business as vocational majors.
Not meant to be annoying (or offensive). It's a older term in the world of education to differentiate 'pre-professoinal' majors/programs from liberal arts.
by Big Dog
Sun Jan 28, 2018 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Capital Gains Problem When Changing Brokers
Replies: 18
Views: 772

Re: Capital Gains Problem When Changing Brokers

To me, there are really two separate issues here: 1) transfer the taxable accounts from EJ; 2) re-allocating those taxable account dollars into the OP's personal investment plans. #1 can be completed now. #2 can be completed over time, or years, or never (and wait for the stepped-up basis upon death).
by Big Dog
Sun Jan 28, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 197
Views: 14341

Re: Stats on When People Take Social Security

The only logical reason to defer to 70 for both of us....But I hardly think that a max difference of maybe $18K per year future dollars, the best case if I live into my 80's is going to matter. In addition to Mike Piper's book, also suggest that y'all read Wade Phau's book on retirement. The first ...
by Big Dog
Sat Jan 27, 2018 8:06 pm
Forum: Personal Consumer Issues
Topic: How to choose a college
Replies: 67
Views: 2675

Re: How yo choose a college

I could be wrong but the purpose of a 4 year education is to ultimately land a job in a field you want to pursuit. Depends on your perspective. :P Sure, colleges have plenty of so-called vocational majors (business, engineering, nursing, education and the like) but colleges also offer lotsa majors ...
by Big Dog
Tue Jan 23, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 108
Views: 23999

Re: Vanguard opens special offices for $1 million clients

I'd rather have a Bogle bobblehead doll than a coffee mug. :-)
by Big Dog
Mon Jan 22, 2018 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: phone call with Fidelity retirement relationship manager
Replies: 5
Views: 963

Re: phone call with Fidelity retirement relationship manager

for several years, I used to get a call from Fidelity just inquiring if I needed any assistance or had any investment questions. The last time they called, I said, no and no, I was a proud Boglehead and asked that I not be called anymore. The Rep said, 'sure, no problem. I'll mark it down in the fil...
by Big Dog
Mon Jan 22, 2018 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Do my wife and I need POA's if we live in community property state?
Replies: 4
Views: 372

Re: Do my wife and I need POA's if we live in community property state?

to take advantage of being in a community property state, you need to retitle the stock brokerage account to Community Property. Also, list the spouse as primary beneficiary on the retirement accounts. ( but not really a community property thing.) If you own a home and are in California, you can a f...
by Big Dog
Mon Jan 22, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: The regular investor can now trade the stock market 24 hours a day with TD Ameritrade
Replies: 48
Views: 3057

Re: The regular investor can now trade the stock market 24 hours a day with TD Ameritrade

any extra tax impact? In other words, will TD be clearing the stock trade thru Hong Kong, or London? Will it matter to a US night trader? (just asking.)
by Big Dog
Sat Jan 20, 2018 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for in-kind transfers in the midst of the Gov't shutdown
Replies: 8
Views: 540

Re: Advice for in-kind transfers in the midst of the Gov't shutdown

Ahh, got it. (T Rowe Price was my first investment, since I was a grad student at Hopkins and knew some of their peeps.) Just transfer the TRP to Vanguard like-for-like and consolidate funds over time, as a pace that is comfortable for you. (That's what I did when my mom passed. She had several brok...
by Big Dog
Sat Jan 20, 2018 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for in-kind transfers in the midst of the Gov't shutdown
Replies: 8
Views: 540

Re: Advice for in-kind transfers in the midst of the Gov't shutdown

not sure what a TRP fund is but if you transfer like for like, at most you lose one day of market movement. Not even a rounding error. Second above -- don't time. But if you are concerned, sit tight and wait until the feds pass a budget or CR. (The only real impact to the shutdown as noted earlier i...
by Big Dog
Sat Jan 20, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Deciding acct to pull money for a new car?
Replies: 10
Views: 659

Re: Deciding acct to pull money for a new car?

Second the idea about a low-cost loan from manufacturer, or check with a local credit union or two.

1.9% generally beats capital gains.
by Big Dog
Fri Jan 19, 2018 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Help Me Spend $900.00 Unused FSA Dollars
Replies: 42
Views: 2882

Re: Help Me Spend $900.00 Unused FSA Dollars

prescription sunglasses?
by Big Dog
Thu Jan 18, 2018 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 197
Views: 14341

Re: Stats on When People Take Social Security

You can be lucky like Jimmy Carter, he is now in his 90s, none of his relatives lived beyond 50s. I admit I know nothing about Jimmy's parents, but as you note that it can be advantageous to practice things that increase your life span. (In my case, both parents died before 70, but they both had ch...
by Big Dog
Thu Jan 18, 2018 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 197
Views: 14341

Re: Stats on When People Take Social Security

There are some of us who have a valid reason to believe we will not survive to our 80s. The actuarial tables may be valid for the total population, but perhaps not for some who already have chronic diseases. That is absolutely correct. In addition to having a chronic disease yourself, your genes co...
by Big Dog
Wed Jan 17, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Lessons From 2017
Replies: 26
Views: 5445

Re: Larry Swedroe: Lessons From 2017

this is great stuff. Thanks for sharing (and to Larry for continually sharing his knowledge even when it may go against his pocketbook).
by Big Dog
Tue Jan 16, 2018 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 197
Views: 14341

Re: Stats on When People Take Social Security

If you live to the average life expectancy for someone your age, you will receive about the same amount in lifetime benefits no matter whether you choose to start receiving benefits at age 62, full retirement age, age 70 or any age in between." In other words, the system is designed so that for tho...
by Big Dog
Sun Jan 14, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Do you correct cashier mistakes?
Replies: 41
Views: 2259

Re: Do you correct cashier mistakes?

generally, yes, if I'm paying attention. A simple, "are you sure that is correct?", will get them to re-look the charges.

But my local cheap smog guy always seems to forget the online coupon, until reminded. Maybe its something with oil change/smog artists? :twisted:
by Big Dog
Sat Jan 13, 2018 8:56 pm
Forum: Personal Consumer Issues
Topic: wireless dead again - router suggestions?
Replies: 35
Views: 1794

Re: wireless dead again - router suggestions?

fwiw: I can't recall that we've ever had a router die. (A couple of modems conked out over 20 years, but no routers.). We do turn them off every night - to save a few pennies of electricity. Plus, I know I can't be hacked if the internet is off! That being said, we have upgraded routers over time, j...
by Big Dog
Sat Jan 13, 2018 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Renting in NYC for a new college grad. Best practices?
Replies: 24
Views: 2110

Re: Renting in NYC for a new college grad. Best practices?

contact HR at your new company. They might have a list of agents that newbies have used before. (My son started a job in October in Manhattan and coming from out of state, he thought the broker was worth the cost.) At a minimum, you'll need a letter from HR: 'To whom it may concern, this letter conf...
by Big Dog
Sun Jan 07, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: Implications of top 1% owning 40% of the Stock Market?
Replies: 16
Views: 1299

Re: Implications of top 1% owning 40% of the Stock Market?

Sadly, the median 401k balance is low, well under $100k. Even worse, its only $111k for those 55-64, so your point is spot-on. Nothing nefarious about the 1% having a lot of their wealth tied up on the market -- where else would they put it? -- the issue is that the middle class is not saving enoug...
by Big Dog
Mon Dec 25, 2017 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 249
Views: 35709

Re: Fidelity free Turbotax

Look at the screenshot in this post
Thanks, but I guess I'm not worthy. :(

(My Summary page only shows, balances, market news, asset allocation and a reminder to contribute to an IRA.)
by Big Dog
Mon Dec 25, 2017 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Securing Law School Scholarships
Replies: 36
Views: 2554

Re: Securing Law School Scholarships

For a small application fee and a little extra work, you can apply to other schools that you don't necessarily want to go to and use any scholarship offers they give you as leverage with your target schools. Forget the app fees, send an e-mail to Admissions for any LS that you are interested in, an...
by Big Dog
Mon Dec 25, 2017 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 249
Views: 35709

Re: Fidelity free Turbotax

hmw:

may I ask what link you click on to see free TT? The only thing I can find is $20 off. But then I only have IRA's and and ESSP managed by them. No brokerage account.
by Big Dog
Sun Dec 24, 2017 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Securing Law School Scholarships
Replies: 36
Views: 2554

Re: Securing Law School Scholarships

I don’t think you’re going to get much merit aid from the t14. Just not true. The world of law admissions has become a buyers market over the past decade. Depending on the school, ~20% of admits of the T7-T14 receive at least a half-tuiton discount. It's 48% at Northwestern Law (see link below). An...
by Big Dog
Sun Dec 24, 2017 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Securing Law School Scholarships
Replies: 36
Views: 2554

Re: Securing Law School Scholarships

It's been a few years since I took the test and applied for schools. But, my understanding is that a lot of the top schools don't give many merit scholarships and if they do it would be because of some fantastic story or (much more likely) an incredible LSAT score. Things have changed since the '80...
by Big Dog
Sun Dec 24, 2017 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Securing Law School Scholarships
Replies: 36
Views: 2554

Re: Securing Law School Scholarships

deleting duplicate post. (not sure why this is happening...). sorry
by Big Dog
Sun Dec 24, 2017 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Securing Law School Scholarships
Replies: 36
Views: 2554

Re: Securing Law School Scholarships

law school is almost all about two numbers: GPA+LSAT. To enhance your career prospects, attend the highest ranked school that you can afford, i.e., net of merit money. A few extra points on the LSAT would mean a high probability of admission to Harvard Law and/or big merit money at many in the T14. ...
by Big Dog
Sun Dec 24, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Student loan forgiveness
Replies: 12
Views: 1700

Re: Student loan forgiveness

if you can keep the nonprofit thing going, loan forgiveness can be a good deal.

Sure, Congress cna always change the 10-year forgiveness plan, but I would be shocked if they made any changes retro. Most likely, they'd eliminate for new loans.
by Big Dog
Sun Dec 24, 2017 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Etiquette of converting to exempt status
Replies: 32
Views: 3809

Re: Etiquette of converting to exempt status

large employers generally have legal counsel that covers labor laws. To change your classification, they'd better have really good documentation, or risk yuuuuge penalties, & backpay.

but a question: how do other hospitals in your state handle positions similar to yours: exempt or nonexempt?
by Big Dog
Sat Dec 23, 2017 11:54 pm
Forum: Investing - Help with Personal Investments
Topic: Automatic RMDs to be effected by Vanguard
Replies: 23
Views: 2496

Re: Automatic RMDs to be effected by Vanguard

you should be able to go online and see the transaction pending.

I used the auto RMD service and it ran fine on yesterday, and should post on Tuesday.
by Big Dog
Sat Dec 23, 2017 7:38 pm
Forum: Personal Consumer Issues
Topic: Bounty or Kirkland brand
Replies: 25
Views: 2230

Re: Bounty or Kirkland brand

Bounty is on sale at Costco next week?
sorry, I should have been more clear. Sale starts Jan 3. (TurboTax also $10 off.)
by Big Dog
Sat Dec 23, 2017 6:06 pm
Forum: Personal Consumer Issues
Topic: Bounty or Kirkland brand
Replies: 25
Views: 2230

Re: Bounty or Kirkland brand

da' wife much prefers Bounty, but our Costco has been out of stock recently. So we tried the Kirkland house brand. Ok for me, but da' wife still no like. Fortunately, the Bounty will be on sale next week and hopefully in-stock.