Search found 1266 matches

by neilpilot
Wed Jan 17, 2018 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 188
Views: 21052

Re: Do you have an umbrella policy?

I will confess, I should have one but don't. I got a quote a while ago and it was pretty high I thought (maybe $350 for $1M). I haven't been with my insurance company that long so I really don't want to change. Maybe I will put it all out to quote again. The fact that I haven't gotten the umbrella ...
by neilpilot
Wed Jan 17, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy - 1M or 2M
Replies: 43
Views: 3626

Re: Umbrella Policy - 1M or 2M

If you have some assets tied up in retirement vehicles (IRA; 401k) some jurisdictions protect these assets from liability lawsuits I believe the protection is limited to ERISA accounts, such as 401k & HSA. I believe non-ERISA account like a tIRA and Roth are not protected. I'm not sure this applies...
by neilpilot
Wed Jan 17, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 188
Views: 21052

Re: Do you have an umbrella policy?

I will confess, I should have one but don't. I got a quote a while ago and it was pretty high I thought (maybe $350 for $1M). I haven't been with my insurance company that long so I really don't want to change. Maybe I will put it all out to quote again. The fact that I haven't gotten the umbrella ...
by neilpilot
Wed Jan 17, 2018 9:57 am
Forum: Personal Consumer Issues
Topic: Finding Best USA-To-Europe FLIGHT When Dates Are Not Limiting Factor?
Replies: 12
Views: 767

Re: Finding Best USA-To-Europe FLIGHT When Dates Are Not Limiting Factor?

We know where we'd depart the US from and where we'd depart back from Europe. Be careful that this doesn't lock you into missing the best fares. As an example, we last flew to Europe in April 2017. Our destination was somewhat obscure (Menorca) so that required 3-4 flights one way from Memphis, wit...
by neilpilot
Wed Jan 17, 2018 4:29 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 315
Views: 22853

Re: What frugal thing did you do today?

I do not own and do not desire a landline phone. My cell phone service (unlimited voice & text only) costs $2.47/month, probably more frugal than a land line. May I ask what carrier you are with and what plan you have? XFINITY mobile, and you need to be a Comcast internet customer. The plan is esse...
by neilpilot
Tue Jan 16, 2018 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Suggestion Needed!
Replies: 5
Views: 186

Re: Investment Suggestion Needed!

Yes I plan to take the pension as a lump sum and invest. Sounds like I should sit tight right now. Will certainly continue reading and learning all I can! Thank you. While I have no idea what pension options you have, if you compare what that lump sum will buy as an annuity you might discover that ...
by neilpilot
Tue Jan 16, 2018 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 115
Views: 7040

Re: Stats on When People Take Social Security

What I do not understand is why they allow file and suspend.They are running out of money but they choose to give free money to probably mostly wealthier people who use it for play money. File and Suspend went away May 1st 2016. You maybe thinking of restricting your application to spousal benefits...
by neilpilot
Tue Jan 16, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: A "Home" cell phone?
Replies: 40
Views: 3123

Re: A "Home" cell phone?

Third was set up for buying a car a few years ago - might have been recycled now for lack of use. I knew internet shopping 40 dealers was going to generate calls forever, so I got a throwaway GV number and stopped checking it after I bought the truck. When I internet shopped for a new car recently,...
by neilpilot
Mon Jan 15, 2018 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy - 1M or 2M
Replies: 43
Views: 3626

Re: Umbrella Policy - 1M or 2M

I had this question a few years ago and called my insurance company (USAA) to find out the additional cost. They showed me that, by increasing the liability coverage on the underlying policies (auto, homeowner, etc.) to $1m each and retaining the $1m umbrella, I could have the same result - $2m of ...
by neilpilot
Mon Jan 15, 2018 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 115
Views: 7040

Re: Stats on When People Take Social Security

Article this past week somewhere, Whether one takes early or late SS, the money received is nearly the same, IF one lives to the actuarial age. If you live longer than that you are ahead with delayed SS. If you live less than, you are better off taking early SS. One of my favorite pass-times on Sun...
by neilpilot
Mon Jan 15, 2018 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy - 1M or 2M
Replies: 43
Views: 3626

Re: Umbrella Policy - 1M or 2M

Currently I have 1M umbrella policy. I pay $390 per year. Insurance agent quoted $610 for $2m policy. Should I upgrade my policy? Is there any additional advantage of having 1M vs 2M policy? - We will have a new teen driver this year. - Net Assets crossed 2M this year. Thanks, Tom I certainly hope ...
by neilpilot
Mon Jan 15, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: FlipPhone
Replies: 18
Views: 1438

Re: FlipPhone

Does anyone has filpPhone in this group. I am getting sick and tired of expensive iPhones. I wanted to know how much is the monthly plan. Currently I have with local carrier named H2O Wireless and pay $36 per month. Their cheapest plan is $25. Its $11 savings per month but I wanted to check if I ca...
by neilpilot
Mon Jan 15, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Quotes
Replies: 3
Views: 207

Re: Insurance Quotes

The suggestion of an independent broker is good. However, my experience is that they can quote many, but not all, companies. When I shopped in 2015, I used an independent but ended up with Geico for auto & umbrella (not home), and they were by far less $ than what the independent quoted.
by neilpilot
Mon Jan 15, 2018 2:25 pm
Forum: Personal Consumer Issues
Topic: A "Home" cell phone?
Replies: 40
Views: 3123

Re: A "Home" cell phone?

If you really want a dedicated "Home phone" then why not VOIP? Likely even less expensive than a cell phone in most mobile plans. OTOH I could add a mobile phone to my XFINITY plan for under $3/mo, so long as it isn't used for data.
by neilpilot
Mon Jan 15, 2018 2:21 pm
Forum: Personal Consumer Issues
Topic: Hot Water Delay at faucet/shower far from water heater
Replies: 98
Views: 5881

Re: Hot Water Delay at faucet/shower far from water heater

It starts at the tank, runs through the house and returns back to the tank. In normal case, there is no return back to the hot water tank. The cold water enters the tank directly from supply and hot water pipe eventually ends at the farthest tap. As I think has already been discussed, a common circ...
by neilpilot
Mon Jan 15, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 115
Views: 7040

Re: Stats on When People Take Social Security

Article this past week somewhere, Whether one takes early or late SS, the money received is nearly the same, IF one lives to the actuarial age. If you live longer than that you are ahead with delayed SS. If you live less than, you are better off taking early SS. One of my favorite pass-times on Sun...
by neilpilot
Sun Jan 14, 2018 9:51 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 315
Views: 22853

Re: What frugal thing did you do today?

Boogieknight wrote:
Sun Jan 14, 2018 9:46 pm
"Higher octane fuel does nothing for your vehicle...."

That's what they say, but it's my baby, the difference was only 35 cents/gallon and I only needed 10 gallons. So like I said I splurge now and then on a half tank. So there!
Wasting $3.50 is anti-frugal
by neilpilot
Sun Jan 14, 2018 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 39
Views: 4288

Re: Merrill Edge best choice for higher net worth accounts?

another vote for fidelity or vanguard. They pay more for funds waiting to be invested. Bank america reward money market pays .07% interest for platinum. think 0.14% for merill sweep?? Vanguard and Fidelity pay alot more, around 1%. I opened my ME account with a $1k signing bonus in late Dec 2017. T...
by neilpilot
Sun Jan 14, 2018 3:21 pm
Forum: Personal Consumer Issues
Topic: Hot Water Delay at faucet/shower far from water heater
Replies: 98
Views: 5881

Re: Hot Water Delay at faucet/shower far from water heater

Water from your circulation loop is potable water. Where do you get the idea that it's non-potable? The potability of hot water is debatable. It is at least a function of the details of the house's plumbing. There are certainly places you should not drink from the hot water supply. If the house is ...
by neilpilot
Sun Jan 14, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: Hot Water Delay at faucet/shower far from water heater
Replies: 98
Views: 5881

Re: Hot Water Delay at faucet/shower far from water heater

This is a preferred solution. But the biggest potential problem is that the hot water is being pumped back to the water heater via the cold water lines. This non-potable water would appear to re-enter the refrigerator drinking water . Please see the diagram: https://dsplumbing.ca/drains-sewers/home...
by neilpilot
Fri Jan 12, 2018 2:55 pm
Forum: Personal Consumer Issues
Topic: 0W-20 Synthetic Motor Oil
Replies: 44
Views: 5286

Re: 0W-20 Synthetic Motor Oil

ClevrChico wrote:
Fri Jan 12, 2018 1:59 pm
Wal-Mart's SuperTech brand has excellent ratings. It would be hard to beat it on price, and free two day shipping to your door is convenient.
But I don't think it's available in 0W-20 synthetic
by neilpilot
Fri Jan 12, 2018 12:37 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 771
Views: 130111

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

1. Merrill Edge allows for each individual to get multiple bonuses (e.g., one for the brokerage account, one for a Roth IRA). Does the TD Ameritrade offer also allow multiple bonuses for multiple accounts? This may not be useful information, but back when we opened 5 Scottrade accounts in 3Q2015 we...
by neilpilot
Thu Jan 11, 2018 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Basic (Dumb) Vanguard Question
Replies: 17
Views: 1238

Re: Basic (Dumb) Vanguard Question

While all of my investments are in Vanguard mutuals and ETFs, I don't use Vanguard so can't help you navigate a purchase on their site. However, you do realize that a significant percentage of a Target Retirement Date fund is i equity. As an example, 43% of the 2030 Target Date fund is in VG's Total...
by neilpilot
Thu Jan 11, 2018 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: WSJ: Discount Brokers Win Bonuses to Push Costlier Products
Replies: 38
Views: 3098

Re: WSJ: Discount Brokers Win Bonuses to Push Costlier Products

Just because one can use the Schwab and Fidelity web interface to invest in some of their low cost index based funds does not mean they are discount brokerages. It just means they offer a sampling of low cost investments in order to attract a different type of investor (so they can more easily sell...
by neilpilot
Thu Jan 11, 2018 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Basic (Dumb) Vanguard Question
Replies: 17
Views: 1238

Re: Basic (Dumb) Vanguard Question

It seems odd that one of the 3 funds is Target Retirement Date. Why not consider investing all of your Roth in this fund, and then select the target date based on the degree of risk you prefer. You could select your appropriate date of retirement, or move that date up or down if you prefer to incre...
by neilpilot
Thu Jan 11, 2018 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Basic (Dumb) Vanguard Question
Replies: 17
Views: 1238

Re: Basic (Dumb) Vanguard Question

I'm completely new to investing and recently spoke to a financial adviser who is a friend of a friend. Super nice guy who gave me his time for free and suggested a Roth IRA split into two or three funds: Vanguard Target Retirement Date Fund Vanguard 500 Index Fund Investor Share Vanguard Wellington...
by neilpilot
Thu Jan 11, 2018 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax issues
Replies: 14
Views: 1148

Re: Equifax issues

I just received a letter from Equifax today, that isn't relevant to your issue but might give you an idea of their competency. I placed a security freeze with them last year. Today I received a letter from them that states that a new address XXX was posted to my file in the last 30 days. They write ...
by neilpilot
Thu Jan 11, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 188
Views: 21052

Re: Do you have an umbrella policy?

I've been interested in an Umbrella Policy but we don't own a house yet. Is it worth getting one if you don't own a home? We have auto insurance but that's about it. You are probably more at risk of exceeding your liability insurance limits in your car than at home. Also, one aspect that's often ov...
by neilpilot
Thu Jan 11, 2018 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge - Platinum Honors
Replies: 17
Views: 1581

Re: Merrill Edge - Platinum Honors

I just transferred partial assets into 2 new ME accounts, keeping the rest at Scottrade. I definitely plan to consolidate to one firm, and expect to make that decision around mid-year. I'll base the decision on how I view working with ME in comparison to TDA. Scottrade account should all migrate to ...
by neilpilot
Thu Jan 11, 2018 1:53 pm
Forum: Personal Consumer Issues
Topic: Best Sources to Buy Prescriptions Out of Pocket
Replies: 49
Views: 2833

Re: Best Sources to Buy Prescriptions Out of Pocket

I have used GoodRx once :happy. Saved over $60 on a $124 prescription. Of course your results may vary. In my case, for generic Actonel, in 2017 using Part D coverage I was paying about $2/mo. With the 2018 formulary, using Part D it would have cost me $94/mo. Based on that increase, I checked Good...
by neilpilot
Thu Jan 11, 2018 1:28 pm
Forum: Personal Consumer Issues
Topic: Car accident - was directed to sign release
Replies: 63
Views: 4022

Re: Car accident - was directed to sign release

I guess it's a matter of opinion. I consider a $1000 rear end damage a minor crash. "NHTSA recommends that child safety seats and boosters be replaced following a moderate or severe crash in order to ensure a continued high level of crash protection for child passengers. NHTSA recommends that child...
by neilpilot
Thu Jan 11, 2018 10:57 am
Forum: Personal Consumer Issues
Topic: Car accident - was directed to sign release
Replies: 63
Views: 4022

Re: Car accident - was directed to sign release

Seems like there's a tendency here to milk the insurance company for the maximum payout, irrespective of actual damages. In addition to a new car seat, maybe you should have them replace all of your seat belts? Most auto manufacturers suggest that the seat belts be replaced in all occupied seating ...
by neilpilot
Thu Jan 11, 2018 10:55 am
Forum: Personal Consumer Issues
Topic: Trying to help acquaintence - medicare costs
Replies: 74
Views: 2417

Re: Trying to help acquaintence - medicare costs

Perhaps she has a Medicare Advantage Plan through the state teachers retirement system. She would still have to pay the Part B premium, and the pension deduction would pay for the advantage plan. Incorrect. A Part C plan, aka Medicare Advantage Plan, REPLACES Medicare Parts A & B, and sometimes als...
by neilpilot
Thu Jan 11, 2018 10:53 am
Forum: Personal Consumer Issues
Topic: Car accident - was directed to sign release
Replies: 63
Views: 4022

Re: Car accident - was directed to sign release

Seems like there's a tendency here to milk the insurance company for the maximum payout, irrespective of actual damages. In addition to a new car seat, maybe you should have them replace all of your seat belts? Most auto manufacturers suggest that the seat belts be replaced in all occupied seating p...
by neilpilot
Thu Jan 11, 2018 10:46 am
Forum: Personal Consumer Issues
Topic: Car accident - was directed to sign release
Replies: 63
Views: 4022

Re: Car accident - was directed to sign release

Why would you assume the car seat needs to be replaced? Was it damaged? Car seats typically sell for $50 to $100, so .... unclear on your basis for that claim. You can google car seat accident and see that it's common to replace them when a car has been in an accident. I'm not sure where you pick u...
by neilpilot
Thu Jan 11, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: Car accident - was directed to sign release
Replies: 63
Views: 4022

Re: Car accident - was directed to sign release

Why would you assume the car seat needs to be replaced? Was it damaged? Car seats typically sell for $50 to $100, so .... unclear on your basis for that claim. Was the frame or structure of the car damaged? Was the repair not good enough, and the car so high value, and you were planning on selling ...
by neilpilot
Thu Jan 11, 2018 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Cost basis of periodic pension payments
Replies: 9
Views: 217

Re: Cost basis of periodic pension payments

You cannot claim a "loss" for accepting a reduced payment. In fact, you will pay additional tax on those early pension payments since you started early. Of course, the tax on each payment will be on that reduced amount. When I decided to retire early, I had the the option of delaying the start of my...
by neilpilot
Thu Jan 11, 2018 10:19 am
Forum: Personal Consumer Issues
Topic: Trying to help acquaintence - medicare costs
Replies: 74
Views: 2417

Re: Trying to help acquaintence - medicare costs

My employers after Medicare supplemental policy (which includes drugs) costs me $550/mo. for two people. I also have to pay Medicare normal rates, but no Part D charges. If this is a supplemental policy that includes drugs, then it does not seem out of line. Ralph Thanks for the feedback. Yes, your...
by neilpilot
Thu Jan 11, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: Trying to help acquaintence - medicare costs
Replies: 74
Views: 2417

Re: Trying to help acquaintence - medicare costs

post deleted (information incorrect)
by neilpilot
Thu Jan 11, 2018 9:31 am
Forum: Personal Consumer Issues
Topic: Trying to help acquaintence - medicare costs
Replies: 74
Views: 2417

Re: Trying to help acquaintence - medicare costs

Paying $456 sound like a lot. But unless you post what that $322 is buying her, any further discussion here will likely border on idle speculation.
by neilpilot
Thu Jan 11, 2018 7:00 am
Forum: Personal Consumer Issues
Topic: Best Sources to Buy Prescriptions Out of Pocket
Replies: 49
Views: 2833

Re: Best Sources to Buy Prescriptions Out of Pocket

madbrain wrote:
Thu Jan 11, 2018 1:34 am
I thought Congress had made it illegal to buy and bring prescription drugs from outside the country. Am I wrong?
Sure, and Pot is also illegal in the US.
by neilpilot
Wed Jan 10, 2018 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: WSJ: Discount Brokers Win Bonuses to Push Costlier Products
Replies: 38
Views: 3098

Re: WSJ: Discount Brokers Win Bonuses to Push Costlier Products

There must be something wrong with me. We opened 5 accounts with Scottrade in 3rd qtr of 2015. Here it is almost 2.5 years later and Scottrade has never called or written us with a suggestion to buy or sell anything. neilpilot: Scotttrade is currently "joining" TD Ameritrade featured in the article...
by neilpilot
Wed Jan 10, 2018 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: WSJ: Discount Brokers Win Bonuses to Push Costlier Products
Replies: 38
Views: 3098

Re: WSJ: Discount Brokers Win Bonuses to Push Costlier Products

There must be something wrong with me. We opened 5 accounts with Scottrade in 3rd qtr of 2015. Here it is almost 2.5 years later and Scottrade has never called or written us with a suggestion to buy or sell anything.
by neilpilot
Wed Jan 10, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: Best Sources to Buy Prescriptions Out of Pocket
Replies: 49
Views: 2833

Re: Best Sources to Buy Prescriptions Out of Pocket

With a 2018 change in my Part D formulary, one of my maintenance meds went from $4/mo to $98/mo. After running it by my physician I ordered 3 months supply thru a "Canadian Pharmacy" for about $15/mo. I use quotes since in many cases they are taking your order in Canada but sourcing from another cou...
by neilpilot
Wed Jan 10, 2018 1:56 pm
Forum: Investing - Theory, News & General
Topic: If I have a million with Edward Jones, in 10 years, how much money has my FA made off me?
Replies: 48
Views: 6264

Re: If I have a million with Edward Jones, in 10 years, how much money has my FA made off me?

I'm in no way defending or endorsing an account at EJ, or any other managed account. But why do so many posters here think that the FA pockets the entire ER? The FA's commission on each fund, and for that matter his share of the AUM, is a small fraction of the fees and expenses that the OP's parents...
by neilpilot
Wed Jan 10, 2018 10:30 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 771
Views: 130111

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

ME first told me (as I said above) that they cannot transfer any Admirals, then someone got back to me and said they could transfer the ones I held. neilpilot, what Admirals did you try to transfer ? I wonder if it's the ones that are convertible to ETFs that ME refuses to transfer (on the grounds ...
by neilpilot
Wed Jan 10, 2018 9:25 am
Forum: Personal Consumer Issues
Topic: Question regarding forced hot water system
Replies: 19
Views: 901

Re: Question regarding forced hot water system

There is a reason my signature is BTDT aka been there done that. If you are referring to a tankless water heater beware! You must either find a way to drain the internal valves or leave it plugged in and so the internal heater keeps working and than keep you fingers crossed. I opened the drain valv...
by neilpilot
Tue Jan 09, 2018 3:23 pm
Forum: Personal Consumer Issues
Topic: Low mileage, but old, used car (service and reliabilty)
Replies: 20
Views: 1090

Re: Low mileage, but old, used car (service and reliabilty)

Re: the headlights. The plastic housing is still quite clear - not the yellow/cloudy you see on some old cars. And, IIRC, I replaced all the bulbs not too long ago. I think it's maybe just some weird Swedish safety thing where they don't want the bulbs shining in other drivers' eyes, so they aim fa...
by neilpilot
Tue Jan 09, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: 2006 subaru timing belt replacement
Replies: 37
Views: 1156

Re: 2006 subaru timing belt replacement

For a while I drove an RX-8, which has neither a timing belt nor a timing chain. Didn't stop the dealership from trying to sell me that particular repair anyway. They quit trying to push me on it when I said I'd let them do it if I could take the old timing belt home with me. I hear stories like yo...
by neilpilot
Tue Jan 09, 2018 12:09 pm
Forum: Personal Consumer Issues
Topic: 2006 subaru timing belt replacement
Replies: 37
Views: 1156

Re: 2006 subaru timing belt replacement

Relatedly, I've always wondered whether replacing a timing belt on a car with limited (say, under $5k) blue book value is worth the cost of replacing the timing belt. Yes, you could end up stranded, once. Yes, it could total the car. But for $750, it's basically a really expensive insurance policy ...