Search found 595 matches

by Good Listener
Thu Oct 11, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: What did you buy today
Replies: 108
Views: 7449

Re: What did you buy today

I bought frozen vegetables and fresh fruit. I am so proud of myself that I don't care about the declines.
by Good Listener
Thu Oct 11, 2018 7:50 pm
Forum: Personal Consumer Issues
Topic: Which one: Lyft or Uber?
Replies: 44
Views: 2824

Re: Which one: Lyft or Uber?

I use Uber exclusively although I have the Luft app too just in case. Two reasons. 1. Uber was the pioneer and without it maybe the whole concept wouldn't exist as they fought all the tough battles. 2. Lyft has taken political positions and emailed me about them and I don't like anything political i...
by Good Listener
Wed Oct 10, 2018 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: I guess I'm fine
Replies: 7
Views: 1516

I guess I'm fine

I am retired and I have a 50/50 portfolio. Daily fluctuations of 1% exceed what I spend in a year. I now spend most of my day reading, walking, trying to avoid others complaining and trying to avoid the news. I listen to radio while I'm walking, alternating preset stations, one of which is Bloomberg...
by Good Listener
Wed Oct 10, 2018 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Self Employed Health Insurance Deduction
Replies: 18
Views: 1578

Re: Self Employed Health Insurance Deduction

Thanks. I mean do not want to deal with the process. I'm almost 666.... Holy smokes. You should change your screen name to Methuselah. Or Satan!!!!! :twisted: Thanks for finding my error. With my chronic neck and shoulder pain (but I do walk 1.5 hours a day) I would hate living for 666 years. That ...
by Good Listener
Tue Oct 09, 2018 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Self Employed Health Insurance Deduction
Replies: 18
Views: 1578

Re: Self Employed Health Insurance Deduction

Thanks. I mean do not want to deal with the process. I'm almost 666 and have too many annoyances already. But of course you're right; I'm just a strange bird.
by Good Listener
Sat Oct 06, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: New post - car muffler and auto emissions
Replies: 12
Views: 784

Re: New post - car muffler and auto emissions

Well the end result. She went to a local well regarded service station. She got the muffler done, 4 new tires, an alignment and an oil change for $1300 or so. It would have been 2300 at the dealer and she said they were great to work with. Thanks for all the advice everybody.
by Good Listener
Sat Oct 06, 2018 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Self Employed Health Insurance Deduction
Replies: 18
Views: 1578

Re: Self Employed Health Insurance Deduction

Maybe I took that view because I didn't form an LLC or corporation and just filed individually with Schedule C. Could that matter? If I cheated myself you folks all owe me some money. It doesn't matter what the business entity type is. From the Form 1040 Instructions, Line 29 Self-Employed Health I...
by Good Listener
Fri Oct 05, 2018 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Self Employed Health Insurance Deduction
Replies: 18
Views: 1578

Re: Self Employed Health Insurance Deduction

My understanding, having been self employed for several years up to 2 years ago, is that the insurance must be in the name of the business. Not the business owner. I just had personal policies and never deducted it. Your understanding is not correct starting in 2005. IRS Chief Counsel Advice (CCA) ...
by Good Listener
Thu Oct 04, 2018 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Pros and cons of exceeding IRMA limits vs wiping out cash to purchase second home?
Replies: 7
Views: 502

Re: Pros and cons of exceeding IRMA limits vs wiping out cash to purchase second home?

The IRMAA is annoying but not devastating. I wouldn't upend my life to avoid it. It comes out of my checking account with the regular premium painlessly.
by Good Listener
Thu Oct 04, 2018 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Self Employed Health Insurance Deduction
Replies: 18
Views: 1578

Re: Self Employed Health Insurance Deduction

My understanding, having been self employed for several years up to 2 years ago, is that the insurance must be in the name of the business. Not the business owner. I just had personal policies and never deducted it.
by Good Listener
Wed Oct 03, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: New post - car muffler and auto emissions
Replies: 12
Views: 784

Re: New post - car muffler and auto emissions

Does NJ actually still test emissions? I thought they just hooked up to the cars OBD and run the catalyst tests. Now that I think about it, I see them put some computer hookup under my front panel near the steering wheel when I bring mine in, so indeed this may be the case if OBD is what I am talki...
by Good Listener
Wed Oct 03, 2018 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: New post - car muffler and auto emissions
Replies: 12
Views: 784

New post - car muffler and auto emissions

I messed up my other post by indicating a cost of $9000 to replace a muffler. It was $900 :oops: This rightfully threw the thread off course to the cost issue, not to what I was looking for an answer. Simply, would a rusty or corroded muffler per a mechanic, with a recommendation for replacement, ha...
by Good Listener
Tue Oct 02, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: My bank and absurd policy for "no fee"
Replies: 51
Views: 4194

Re: My bank and absurd policy for "no fee"

I'm with many of the others. The bank is losing money on an account of the size to which you are referring. So maybe approach it with a smile and keep the balance at $1000 ?
by Good Listener
Sat Sep 29, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: Moneytalk with Bob Brinker coming to an end
Replies: 68
Views: 8368

Re: Moneytalk with Bob Brinker coming to an end

Thank you so much for sharing this. He is a fine and decent man and I listened to him on and off over the years depending on whether I could get a radio signal. For some reason, in the NYC, NJ area there are zero radio stations with it. But I recently found him readily available on Talk Stream radio...
by Good Listener
Tue Sep 25, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: New Facebook group for Vanguard investors!
Replies: 22
Views: 2140

Re: New Facebook group for Vanguard investors!

I avoid anything associated with Facebook. I don't need to be shopped as a commodity.
by Good Listener
Sun Sep 23, 2018 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: How to fund education for grandchildren: various strategies? Help?
Replies: 23
Views: 1359

Re: How to fund education for grandchildren: various strategies? Help?

I am one of those who uses the expression "man plans and God laughs". If you could afford it I just think it's best to pay for it when the time comes. You can write the check directly to the educational Institution. But this gets back to my point about allowing the parents to plan. “I’ll write a ch...
by Good Listener
Sat Sep 22, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: How to fund education for grandchildren: various strategies? Help?
Replies: 23
Views: 1359

Re: How to fund education for grandchildren: various strategies? Help?

I am one of those who uses the expression "man plans and God laughs". If you could afford it I just think it's best to pay for it when the time comes. You can write the check directly to the educational Institution.
by Good Listener
Tue Sep 18, 2018 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Guaranteed access for Medigap policies
Replies: 29
Views: 1793

Re: Guaranteed access for Medigap policies

@drawpoker...Thank you for your response. Edit" For the person you are asking about, Aetna has their own policies on existing policy holders wishing to switch down from F to G. The only way to find out is to ask. I asked. They underwrite.... Yes it sounds like the Massachusetts model is more like wh...
by Good Listener
Tue Sep 18, 2018 6:43 pm
Forum: Personal Consumer Issues
Topic: Dental work and hypertension issue
Replies: 42
Views: 3491

Re: Dental work and hypertension issue

This is what dental schools do. Maybe it's a good message as your mouth should get work from a really good dentist. Check out Aetna vital savings or Cigna Dental. It is not insurance but a discount plan and very reasonable. Most dentists do not check blood pressure. I have never had mine checked. Fo...
by Good Listener
Tue Sep 18, 2018 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Guaranteed access for Medigap policies
Replies: 29
Views: 1793

Guaranteed access for Medigap policies

For those who know about Medigap policies, in almost all states there is no guaranteed access and it is subject to underwriting, mean you may never be able to get a policy if you can't pass underwriting. New York and a few others have guaranteed access and I understand that several other states are ...
by Good Listener
Sun Sep 16, 2018 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: 38% pay cut for dream job?
Replies: 61
Views: 5314

Re: 38% pay cut for dream job?

Is there a reason your wife doesn't work and is she unable to ever contribute financially? If she can home school future planned children, she must have some skills right? OP has stated that the arrangement is "best for us". Try to be a... Good Listener. RM I try to be. The post was quite long and ...
by Good Listener
Sun Sep 16, 2018 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: 38% pay cut for dream job?
Replies: 61
Views: 5314

Re: 38% pay cut for dream job?

Is there a reason your wife doesn't work and is she unable to ever contribute financially? If she can home school future planned children, she must have some skills right?
by Good Listener
Thu Sep 13, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: Medicare and related statements
Replies: 7
Views: 465

Re: Medicare and related statements

Thank you for the replies. I actually am not a packrat but save things during the calendar year. I can see everything at the medicare.gov website anyway. I'm reluctant to switch to electronic copies only of anything because once you do in many cases you can never switch back. And it may be in a bunc...
by Good Listener
Wed Sep 12, 2018 6:16 pm
Forum: Personal Consumer Issues
Topic: Medicare and related statements
Replies: 7
Views: 465

Medicare and related statements

This may not be too actionable except to ask whether people agree with me and who I should contact. I have been on Medicare since last November. I have noticed something remarkable which implies either that people think all seniors have terrible eyesight or they like to waste paper. Maybe there is s...
by Good Listener
Sat Sep 01, 2018 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: ACA premium assistance payback deductibility
Replies: 6
Views: 681

Re: ACA premium assistance payback deductibility

When I was self employed, I did not have my insurance bought under the name of a business, but just individually. I read the rules and it wasn't deductible unless under a business. Check out your circumstances apply tax wise.
by Good Listener
Sun Aug 26, 2018 4:17 pm
Forum: Personal Consumer Issues
Topic: Health Care: When HMO and Provider Seem to Disagree? Insurance experts?
Replies: 17
Views: 1353

Re: Health Care: When HMO and Provider Seem to Disagree? Insurance experts?

I went through this 25 years ago and nothing was covered then. We spent a minimum of $1000 per week for 3 years before the child was in a real school. Maybe take a positive view that a $20 copay is quite good for such crucial services?
by Good Listener
Mon Aug 20, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 207
Views: 12374

Re: Excessive Emergency Room Charges - Options?

OP, you say that the EOB matches what the hospital and others are asking. But I am confused that insurance would pay such a low percentage. It doesn't look like you have a high deductible plan. Could you show us a photo of the EOB.
by Good Listener
Wed Aug 15, 2018 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Buy back service time on pension
Replies: 42
Views: 3446

Re: Buy back service time on pension

Good Listener: Regarding the possibility of an underfunded pension, I'm not excessively worried about it. Yes, it's a risk, no doubt about it. But while private companies that offer underfunded pensions go bankrupt, disappear, and don't necessarily make good on the pension, I think public employers...
by Good Listener
Mon Aug 13, 2018 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity
Replies: 55
Views: 7574

Re: Moving from Vanguard to Fidelity

You would have saved more if you stayed with your ex-wives and left Vanguard. /quote] Cruel, that's just cruel. :twisted: It could be viewed as cruel in a humorous way but I take it in stride and actually welcome it. It serves as a permanent reminder to avoid #3 as some men (me) aren't cut out for ...
by Good Listener
Mon Aug 13, 2018 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity
Replies: 55
Views: 7574

Re: Moving from Vanguard to Fidelity

Although I split with 2 ex-wives, I will never leave Vanguard. They were the first to force down the costs and I wouldn't leave them for a few basis points or some quicker phone responses. You would have saved more if you stayed with your ex-wives and left Vanguard. /quote] Cruel, that's just cruel...
by Good Listener
Mon Aug 13, 2018 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity
Replies: 55
Views: 7574

Re: Moving from Vanguard to Fidelity

Although I split with 2 ex-wives, I will never leave Vanguard. They were the first to force down the costs and I wouldn't leave them for a few basis points or some quicker phone responses. You would have saved more if you stayed with your ex-wives and left Vanguard. No question dollar-wise, particu...
by Good Listener
Sat Aug 11, 2018 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity
Replies: 55
Views: 7574

Re: Moving from Vanguard to Fidelity

Although I split with 2 ex-wives, I will never leave Vanguard. They were the first to force down the costs and I wouldn't leave them for a few basis points or some quicker phone responses.
by Good Listener
Sat Aug 11, 2018 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Buy back service time on pension
Replies: 42
Views: 3446

Re: Buy back service time on pension

I always ask why is this offer being made? To me (a person who never worked in the public sector), it reminds me of the longstanding statement that public employees get paid less salary (I'm not sure if its true anymore) in exchange for a better pension. Why? Well I figure it provides a secure feeli...
by Good Listener
Sat Aug 11, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion advice for senior
Replies: 7
Views: 649

Re: Roth conversion advice for senior

RMDs are basically kept in cash. Parent is in the 32% federal tax bracket. One heir is in the 35% federal tax bracket.... In this situation, would it make sense for a Roth conversion of some or all of the traditional IRAs? Yes. Because the actual marginal tax rate is not always the same as the tax ...
by Good Listener
Wed Aug 08, 2018 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Employer will not indemnify me cause I am retired
Replies: 56
Views: 5543

Re: Employer will not indemnify me cause I am retired

I'd think about it this way. The employees are covered. Why? You are not getting paid nor getting covered. Why not? So why would you risk anything?
by Good Listener
Tue Aug 07, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking Advice related to Limited Partnership Commodities ETF with K-1 reporting
Replies: 12
Views: 659

Re: Seeking Advice related to Limited Partnership Commodities ETF with K-1 reporting

Rule #1 of investing......never buy something with a K1 form. Rule #2.....repeat rule 1. Seriously even if all goes well, often you get the K1 very late and often they get revised. I would sell it before year end, deal with whatever you have to for tax year 2018 and never do it again. This is all ba...
by Good Listener
Tue Aug 07, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: Moving soon; whom to hire to help me move?
Replies: 27
Views: 2447

Re: Moving soon; whom to hire to help me move?

I would only use a licensed moving company and the DIY just seems too risky at many levels.
by Good Listener
Tue Aug 07, 2018 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Added as joint account owner - Is it a gift (gift/estate tax)? Is it a good idea?
Replies: 16
Views: 1255

Re: Added as joint account owner - Is it a gift (gift/estate tax)? Is it a good idea?

This is not a gift to you so maybe that helps answer the other concerns. Gill Gill, Why wouldn't this be a gift? Not suggesting any bad or illegal intentions, but if the lady dies and the poster then owns the full 50k, isn't this avoiding gift tax when it was given? No, it’s not a gift at the time ...
by Good Listener
Mon Aug 06, 2018 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Added as joint account owner - Is it a gift (gift/estate tax)? Is it a good idea?
Replies: 16
Views: 1255

Re: Added as joint account owner - Is it a gift (gift/estate tax)? Is it a good idea?

Gill wrote:
Mon Aug 06, 2018 12:15 pm
This is not a gift to you so maybe that helps answer the other concerns.
Gill
Gill,
Why wouldn't this be a gift? Not suggesting any bad or illegal intentions, but if the lady dies and the poster then owns the full 50k, isn't this avoiding gift tax when it was given?
by Good Listener
Sat Aug 04, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable donations
Replies: 2
Views: 294

Re: Charitable donations

Deleted. See next post by Artsdoctor.
by Good Listener
Thu Jul 19, 2018 4:35 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime Day 2018
Replies: 88
Views: 10451

Re: Amazon Prime Day 2018

I ordered a Paperwhite. It should have arrived Wednesday and hasn't shipped yet but supposedly will get tomorrow, Friday. $80 instead of $120. I can't wait to not have to deal with getting and dealing with physical books and killing trees anymore.
by Good Listener
Wed Jul 18, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: International Stocks in Taxable?
Replies: 34
Views: 3173

Re: International Stocks in Taxable?

I dont like the complexity of additional tax forms either, dating back to before TurboTax. For the foreign tax credit, it gets calculated regularly and for AMT. I know TurboTax can do it now but it has a lot of problems with it. I particularly don't like the high percent of dividends that are not qu...
by Good Listener
Tue Jul 17, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest 100000?
Replies: 36
Views: 2800

Re: When to invest 100000?

If you are 100% sure a crash is coming soon, how could you possibly invest a penny until after the crash? So to be able to invest now, you need to check the accuracy of your predictive abilities. I personally have no skills in this area. A close friend has been in money markets 100% for 10 years bec...
by Good Listener
Thu Jul 12, 2018 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping a checkbook register
Replies: 122
Views: 9727

Re: Keeping a checkbook register

To clarify as OP, I rarely write a physical check. The register is used to record transactions (including the rare check) of any type involving the checking ACCOUNT. Mostly ACHs. I do pay as many things once a year as possible to avoid monthly transactions. I just finished a checkbook. I've had it f...
by Good Listener
Sat Jul 07, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: Financial Newspapers & Publications
Replies: 36
Views: 3014

Re: Financial Newspapers & Publications

The NY Times is very good with factual reporting on economics and business. OTOH, Fox News excels at outstanding opinion pieces. I used to think the Times was good in that area. I've had a subscription from right after college until this year (44 years) although i had read it every day from about a...
by Good Listener
Sat Jul 07, 2018 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Which route for older adult with no retirement?
Replies: 19
Views: 2561

Re: Which route for older adult with no retirement?

I empathize with your situation and let me try to help with your anger at your boss. I do not think he/she is corrupt. I have been an employee in one way or another my whole life including as part of management. And it is the very rare employee who is paid more than half of what he/she generates for...
by Good Listener
Sat Jul 07, 2018 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Need full coverage health insurrance for just THIS month only (between jobs) -- can't find it
Replies: 20
Views: 2106

Re: Need full coverage health insurrance for just THIS month only (between jobs) -- can't find it

I am very happy. I was worried for you, really. The company really failed you in not letting you know that when they laid you off. And DON'T LET THIS HAPPEN AGAIN! The company didn't fail anything. The company does not provide the COBRA notice. They have 30 days to notify the group health plan admi...
by Good Listener
Sat Jul 07, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: What I spent in 6 months on medicare
Replies: 159
Views: 13287

Re: What I spent in 6 months on medicare

And I will add my usual warning that I hate Medicare Advantage, having lived through it for 2 months last year when I was put into it by a company retirement plan. I changed to original Medicare plus the supplement and Part D as soon as I could. With what I now have there are no prior authorization...
by Good Listener
Sat Jul 07, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: What I spent in 6 months on medicare
Replies: 159
Views: 13287

Re: What I spent in 6 months on medicare

No, that is incorrect IRMAA tacks on an additional charge to both Part B and Part D monthly premiums. I agree with this. What is "incorrect"?? I believe the affects of IRMAA are identical whether on Original Medicare and a drug plan - AND Medicare Advantage plan with the drug plan. Am I correct? Ye...
by Good Listener
Fri Jul 06, 2018 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: What I spent in 6 months on medicare
Replies: 159
Views: 13287

Re: What I spent in 6 months on medicare

No, that is incorrect IRMAA tacks on an additional charge to both Part B and Part D monthly premiums. I agree with this. What is "incorrect"?? I believe the affects of IRMAA are identical whether on Original Medicare and a drug plan - AND Medicare Advantage plan with the drug plan. Am I correct? Ye...