Search found 92 matches

by Tracker968
Tue Jun 09, 2020 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing a small condo
Replies: 23
Views: 2373

Re: Purchasing a small condo

The neighbor's son started school in a different city. He lasted two weeks, got lonely and homesick and came home. They were stuck with the rental for a while but at least it wasn't a condo.
by Tracker968
Sat May 23, 2020 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Turning 65, Medicaire questions
Replies: 71
Views: 4720

Re: Turning 65, Medicaire questions

I didn't read through all the previous posts so apologize if this has already been discussed; I asked several of the top Medicare supplement providers in my area why I should choose them versus someone else. Didn't get any good answers. They said they all have the same coverage. Brokers just recomme...
by Tracker968
Mon May 04, 2020 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Work Hours Reduced and then Furloughed
Replies: 37
Views: 5486

Re: Work Hours Reduced and then Furloughed

I don't think it would be unreasonable to ask for a small increase over what you are presently earning. And maybe ask for another week of vacation. They obviously want to bring you on, so they should be willing to offer more than your current employer.
by Tracker968
Mon May 04, 2020 7:54 pm
Forum: Personal Investments
Topic: Tell me what I don't know about retirement?
Replies: 55
Views: 4978

Re: Tell me what I don't know about retirement?

Here's one thing: Medicare doesn't cover dental, vision, prescription drugs and there is no limit to out of pocket expense. After adding a supplement, part D, and IRMAA it really isn't that much less expensive than what I was paying for an individual plan.
by Tracker968
Sat May 02, 2020 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: State Farm Safe Driving App
Replies: 45
Views: 3215

Re: State Farm Safe Driving App

I tried the Metlife version of this a few years ago. I drive a pickup truck and generally drive very conservatively to eek out an extra 1/2mpg. The darn thing kept telling me I had excessive aceleration and deceleration. I would say I was in the slowest 10% of drivers in acel/decel. I think I saved ...
by Tracker968
Sun Apr 26, 2020 9:43 pm
Forum: Personal Investments
Topic: could this be a problem with Ally online savings accts?
Replies: 14
Views: 2551

Re: could this be a problem with Ally online savings accts?

How about using Marcus instead of Ally? The last time i checked the rates were slightly better at Marcus.
by Tracker968
Tue Apr 21, 2020 10:21 pm
Forum: Personal Investments
Topic: Accidentally bought put at higher price
Replies: 24
Views: 1908

Re: Accidentally bought put at higher price

Try this: If your strike price is 177 then you have the right to sell your option at 177 on the option date. If SPY is below 177 then you can sell your option for more than the current market price. If SPY is above 177 then you would be selling your option for less than the current market price. You...
by Tracker968
Sun Apr 05, 2020 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: 1099 freelancers: would you cut your rate at a client's request?
Replies: 26
Views: 1492

Re: 1099 freelancers: would you cut your rate at a client's request?

I have been contracting at 20 hours per week. In December they asked me to increase my hours to help keep the project on schedule. Now I've been waiting to hear something about reduced pay or hours, but so far so good. I like the idea of agreeing to reduced hours rather than a reduced rate. The reas...
by Tracker968
Fri Apr 03, 2020 11:30 pm
Forum: Personal Investments
Topic: Safety of Money Market Funds Currently
Replies: 149
Views: 12122

Re: Safety of Money Market Funds Currently

What about the SIPC insurance that Fidelity has? Does that only come into play if Fidelity itself failed?
by Tracker968
Mon Mar 30, 2020 7:02 pm
Forum: Personal Investments
Topic: BND total bond fund vs. CDs
Replies: 2
Views: 587

Re: BND total bond fund vs. CDs

Thanks so much for your reply. Since I don't really have any plans for those funds I will keep it in BND. Better long term yourself and a lot less maintenance.
by Tracker968
Mon Mar 30, 2020 10:28 am
Forum: Personal Investments
Topic: BND total bond fund vs. CDs
Replies: 2
Views: 587

BND total bond fund vs. CDs

I currently have most of my IRA in BND. I'm thinking about switching to a CD ladder. I think the 1 year CDs at Vanguard are around 1.4%. I don't really understand what BND could do in the next few years. Can anyone provide a range of estimates as to what it might return? If interest rates go negativ...
by Tracker968
Wed Mar 25, 2020 10:49 pm
Forum: Personal Investments
Topic: How much to keep at Vanguard?
Replies: 12
Views: 1579

How much to keep at Vanguard?

I have >$500k at Vanguard in my IRA. I have read that accounts are SIPC insured up to $500k. But on the Vanguard website it says that they have additional SIPC insurance up to $4.5MM. I think Fidelity has the same thing.
Is there any reason to move part of it out to another brokerage firm?
by Tracker968
Mon Mar 23, 2020 10:33 pm
Forum: Personal Investments
Topic: Copper revisited
Replies: 10
Views: 745

Re: Copper revisited

I thought I read that the corona virus can live for 24 hours on a copper surface.
by Tracker968
Mon Mar 23, 2020 12:17 pm
Forum: Personal Investments
Topic: Selling 100% stocks on a bounce
Replies: 256
Views: 22060

Re: Selling 100% stocks on a bounce

Has the OP seen this chart? Where on the chart do you think you are?

Image
by Tracker968
Sat Mar 14, 2020 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Co offering to Allow Paying Outstanding Bill at a Discount
Replies: 10
Views: 961

Re: Insurance Co offering to Allow Paying Outstanding Bill at a Discount

I wouldn't pose as your son. They will probably record the phone call. And I agree with the other comments about your son talking responsibility.
by Tracker968
Mon Mar 09, 2020 1:01 pm
Forum: Personal Investments
Topic: AA calc?
Replies: 4
Views: 254

Re: AA calc?

You're right. It will probably be more like 25%. So the difference between the two calculations is even less. Splitting hairs I guess.
by Tracker968
Mon Mar 09, 2020 12:33 pm
Forum: Personal Investments
Topic: AA calc?
Replies: 4
Views: 254

AA calc?

Let's say I want to be at 30/70 stocks/bonds but half of my funds are in an IRA. I doubt I will be able to move much to Roth so will need to pay tax on that half. Assuming I have $1MM: Taxable Account $300K in total stock fund $200K in total bond fund IRA Account $500K in total bond fund But really ...
by Tracker968
Sun Mar 01, 2020 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Worth using a CPA for my taxes this year?
Replies: 39
Views: 2683

Re: Worth using a CPA for my taxes this year?

I exercised an option last year also. I'm using H&R block software. I imported the data from Fidelity. I found that I had to edit the stock sale entry to match the basis that is included in the supplemental information in Fidelity's paper 1099.Otherwise I would be paying too much tax. After some Goo...
by Tracker968
Sat Feb 29, 2020 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance for home business
Replies: 1
Views: 144

Insurance for home business

Amica said they would cancel home owners insurance if a home business was run out of the home (Pilates studio). Does anyone have a recommendation for insurance? The income won't be all that much so a low cost plan is needed.
Thanks!
by Tracker968
Sat Feb 08, 2020 10:27 am
Forum: Personal Consumer Issues
Topic: Help an Overthinker Pull the Trigger on a Used SUV Purchase
Replies: 34
Views: 2651

Re: Help an Overthinker Pull the Trigger on a Used SUV Purchase

I think a CPO from a dealer with a warranty would be fairly safe. You would probably pay more though. If you find a nice, one owner vehicle at a private party you could take it (or have the seller take it, but you pay for it) to an independent shop for a pre-purchase inspection. That's what i did on...
by Tracker968
Fri Feb 07, 2020 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay Medicare premium from Fidelity CMA
Replies: 2
Views: 282

How to pay Medicare premium from Fidelity CMA

New to Medicare and just got first bill. Does anyone pay from the Fidelity CMA account? I can't seem to find the correct payee.
by Tracker968
Tue Feb 04, 2020 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Health Insurance In Retirement
Replies: 32
Views: 3203

Re: Health Insurance In Retirement

MN silver HSA plans; $707/mo for me, $670/mo for DW.
I'm starting Medicare next month. It will be $144 for part B + $57 IRMAA surcharge + $180 supplement + $13 for cheapest part D= $394/mo. So I will save about $300/mo.
by Tracker968
Mon Feb 03, 2020 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Want to change medical insurance
Replies: 4
Views: 470

Want to change medical insurance

DW needs a medical procedure but after much research doesn't like any of the doctors in her PPO network. The highly rated doctor she would like to see is out of network. Would it be possible to get a short term medical insurance plan to cover this sort of thing? If so, we would cancel her current in...
by Tracker968
Sun Jan 26, 2020 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Pension beneficiary
Replies: 14
Views: 1373

Re: Pension beneficiary

When i retired, the calculations were based on a beneficiary up to 10 years younger than me. Any age less than that would be subject to an actuarial adjustment.
by Tracker968
Mon Jan 06, 2020 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: How do you spend $$ on yourself?
Replies: 108
Views: 12339

Re: How do you spend $$ on yourself?

Just bought a Milwaukee M12 impact wrench. Will make doing my tire rotations more fun!
by Tracker968
Sat Dec 28, 2019 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: What NON-frugal thing did you do today?
Replies: 79
Views: 5619

Re: What NON-frugal thing did you do today?

Let the lights remain on that my in-laws left on all around the house.
by Tracker968
Wed Dec 11, 2019 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Retired recently and buying your own insurance? How bad is it?
Replies: 54
Views: 5625

Re: Retired recently and buying your own insurance? How bad is it?

Me 64, pay $707 per month for silver HSA plan. Live in MN.
Wife 63 pays $673 for silver HSA.

My concern is that once I go on Medicare it won't be much cheaper due to IRMAA.
by Tracker968
Mon Dec 02, 2019 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Patent incentive
Replies: 51
Views: 3053

Re: Patent incentive

I worked for a Fortune 500 company and received several patents. Recipients were entitled to attend an annual patent luncheon! No payments were made.

I think once you sign the "assignment" you don't have any further rights.
by Tracker968
Sun Nov 24, 2019 12:31 am
Forum: Personal Finance (Not Investing)
Topic: switch to manager role with 10% less pay, good idea?
Replies: 36
Views: 3056

Re: switch to manager role with 10% less pay, good idea?

I went from technical to management and then back to technical. Being a technical manager was 10 times as tough mentally. You need to relay upper level decisions even if you don't agree with them (but you can't say that to your team). You have to jump when the director or VP says jump. The entire jo...
by Tracker968
Tue Nov 19, 2019 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Car negotiation question
Replies: 52
Views: 4762

Re: Car negotiation question

I was planning on paying cash for the last two cars I bought. But each time I was able to get $1000 incentive if I financed the car. I then paid off the loan the first or second month. Even if you are not planning on financing you could check into that.
by Tracker968
Fri Nov 15, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Disturbing experience with Ally Bank
Replies: 92
Views: 12756

Re: Disturbing experience with Ally Bank

I'm not sure s local branch is that much better. I recently went to US Bank in person with my son to transfer $14,000 from my account to his. There was no one at the bank (normal hours during the week) who could approve over $10,000. So they advised us to make two transfers of $7000 each. I thought ...
by Tracker968
Sun Nov 03, 2019 10:36 pm
Forum: Personal Investments
Topic: How much money is really needed in retirement?
Replies: 74
Views: 10099

Re: How much money is really needed in retirement?

Regarding moving to Alabama; I retired 6 months ago. My family is here in MN, my friends are here, the clubs I'm in are here. It's a higher cost of living state and cold in the winter but what would I do in Alabama? My learnings from the first 6 months; I realized that I have been neglecting home re...
by Tracker968
Sat Oct 26, 2019 9:10 am
Forum: Personal Finance (Not Investing)
Topic: TODD question
Replies: 6
Views: 1070

Re: TODD question

Thanks 123! I appreciate you taking the time to respond.
by Tracker968
Fri Oct 25, 2019 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: TODD question
Replies: 6
Views: 1070

TODD question

My mother filled a TODD (transfer on death deed) for her house. I am the beneficiary. If she still owns the house when she passes, my two siblings and I will want to sell the house and divide the proceeds equally between us. If the house is worth $300k or so, each of us would get $100k. Would there ...
by Tracker968
Fri Oct 25, 2019 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct Discounts for 2019 version
Replies: 35
Views: 3526

Re: TaxAct Discounts for 2019 version

Do you think the online programs are safe to use? It kind of freaking me out to put all my info in one place like that.
by Tracker968
Mon Oct 14, 2019 12:46 pm
Forum: Personal Investments
Topic: Mother's variable annuity
Replies: 23
Views: 1923

Re: Mother's variable annuity

Thanks everyone. I'll follow up as you suggest.
by Tracker968
Sun Oct 13, 2019 11:37 pm
Forum: Personal Investments
Topic: Mother's variable annuity
Replies: 23
Views: 1923

Mother's variable annuity

I just learned that my 90 year old mother has a variable annuity through Vanguard. She is still contributing $500 per month to it. Can anyone help me understand what are the key questions I should ask about this policy?
by Tracker968
Sat Oct 05, 2019 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: How does joint account registration work after death?
Replies: 5
Views: 969

How does joint account registration work after death?

Regarding a Fidelity investment account: Myself and two other siblings are listed as beneficiaries on our mother's account (1/3 to each). If I am added as a co-account owner what happens when my mother passes away? Will I still be able access funds or will the account be locked until it is divided b...
by Tracker968
Fri Sep 27, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Extended warranty transfer dispute with private truck seller
Replies: 36
Views: 2254

Re: Extended warranty transfer dispute with private truck seller

I didn't read all the replies but I had a similar situation. Ad stated that the car had AC. I bought the car in winter (in MN) so couldn't test the AC. In the spring I discovered that it didn't work and in fact a hole in the evaporator had been plugged with epoxy. I took the seller to small claims c...
by Tracker968
Sat Sep 21, 2019 9:01 am
Forum: Personal Investments
Topic: Has anyone heard of Beta Shield?
Replies: 27
Views: 1725

Re: Has anyone heard of Beta Shield?

They didn't mention what the fees are. And no one asked either. šŸ˜Š
by Tracker968
Fri Sep 20, 2019 10:06 pm
Forum: Personal Investments
Topic: Has anyone heard of Beta Shield?
Replies: 27
Views: 1725

Re: Has anyone heard of Beta Shield?

I'm not going to buy it. And I agree, no more free dinners. They did show a chart that indicated that a portfolio following their plan and distributing $50k per year would come out ahead of buy and hold. I think it was based on the market performance over the past 10 years or so. But the period coul...
by Tracker968
Fri Sep 20, 2019 12:11 pm
Forum: Personal Investments
Topic: Has anyone heard of Beta Shield?
Replies: 27
Views: 1725

Has anyone heard of Beta Shield?

I attended a financial planning seminar last night (free dinner). Among other things they were pitching something called Beta Shield. When the market starts going down they move 25% of your assets into a short term treasury fund. If it continues, downward they move another 25%, etc. When the market ...
by Tracker968
Mon Sep 16, 2019 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Move up in house?
Replies: 25
Views: 2994

Re: Move up in house?

One other thing to keep in mind is how long will the kids really be with you? They grow up fast and move on to college etc. If you think the new place will really make a difference to them, then you should do it. Once they move out you only see then a few times per year. These are your best "family ...
by Tracker968
Sat Sep 14, 2019 10:14 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 428
Views: 70305

Re: Roll Call for the Retirement Class of 2019!

Retired April 1st 2019 after 39 years at megacorp. Many people take their earned vacation and leave a week or two early. Instead I didn't take any vacation in Q1 since I figure that I'll be on vacation for the rest of my life! Got a nice vacation pay paycheck. Also have a decent pension but w/o COLA.
by Tracker968
Sat Sep 14, 2019 9:37 pm
Forum: Personal Investments
Topic: Canā€™t pull the trigger
Replies: 15
Views: 2867

Re: Canā€™t pull the trigger

I just went through a similar thing. I'm just starting my retirement. Had 60% in cash for a few weeks. Couldn't get myself to commit to bond and equity funds. Finally decided to just do it. Hope it works out ok.
by Tracker968
Thu Sep 12, 2019 10:42 am
Forum: Personal Consumer Issues
Topic: Help With New Car Purchase - Macan S versus...
Replies: 57
Views: 5647

Re: Help With New Car Purchase - Macan S versus...

I drove a base Macan when my 911 was being serviced. I was underwhelmed. Had a Jeep Grand Cherokee years ago and it was one of the best cars I have owned. Have ridden in my neighbor's new Grand Cherokee and it will probably be the vehicle to replace my pickup truck in a few years. I suggest you take...
by Tracker968
Wed Sep 04, 2019 12:00 pm
Forum: Personal Investments
Topic: Cash vs. Bond Fund
Replies: 12
Views: 1575

Re: Cash vs. Bond Fund

DBR: I was thinking that if cash earns 2% and a bond fund could earn between -2% and +10% maybe I would invest in the bond fund. But if the bond fund could earn betwen -10% and +2% then I would stay in cash. Just trying to get a handle on how much risk/reward there could be.