Search found 928 matches

by downshiftme
Tue Sep 19, 2017 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Online Bill Pay Security: Push or Pull?
Replies: 92
Views: 3571

Re: Online Bill Pay Security: Push or Pull?

I'm 100% 'push' from my bank checking account because I don't want anyone 'pulling' money out of it without me authorizing the specific transaction and amount. I only do PUSH as well. If something goes wrong, a bill may not get credited in time or I may owe an outstanding balance. These are minor i...
by downshiftme
Mon Sep 18, 2017 1:27 am
Forum: Personal Finance (Not Investing)
Topic: What is FI if you love your job? [Financial Independence]
Replies: 68
Views: 5276

Re: What is FI if you love your job? [Financial Independence]

You may love your job and your colleagues now, and can't imagine ever being happier doing anything else. I hope that continues for you for as long as you continue to work. But things happen, not all of which are within your control. What may look like an ideal situation now could evolve, through no...
by downshiftme
Sat Sep 16, 2017 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on Parents' Financial Situation
Replies: 11
Views: 1442

Re: Advice on Parents' Financial Situation

For about the first 10 years, it was doing fairly well. They were never going to get rich on it, but enough for a modest middle class living. Things turned during and following 2008. Since then the business has just provided enough income for them to break even at best. In recent years the income f...
by downshiftme
Tue Sep 12, 2017 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax Customer Information Leak – Link Problem
Replies: 5
Views: 918

Re: Equifax Customer Information Leak – Link Problem

It is generally considered bad security practice to ask customers to log in to a new website instead of the core business website. These kinds of arrangements are too easy to phish and too similar to identity theft scams, so desensitizing users by requiring the bad practice is generally considered a...
by downshiftme
Fri Sep 01, 2017 1:11 pm
Forum: Investing - Theory, News & General
Topic: Possible change to 401(k) taxation
Replies: 6
Views: 774

Re: Possible change to 401(k) taxation

This has been proposed several times. It's not actionable and since the current versions of the proposals have not been fully described, there is no definitive answer to how existing accounts would be treated, or even if this will become real at all. Nothing to do yet, except try to ignore the anxie...
by downshiftme
Wed Aug 30, 2017 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: When to give resignation notice
Replies: 63
Views: 6095

Re: When to give resignation notice

It's still a problem, but this is not a bad problem to have. While I suggest being very cautious about giving notice before a vesting event or bonus is triggered, in your case I would be even more careful not to lose the 2x salary increase and generous new vacation benefits. Given a choice between r...
by downshiftme
Wed Aug 30, 2017 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: When to give resignation notice
Replies: 63
Views: 6095

Re: When to give resignation notice

I have seen this play out too many times. Some employers will allow you to work to the end of your notice period and if you become vested during that time you will get the vested benefit. But many (perhaps most) will arrange affairs to prevent a vesting event from happening for someone they know is ...
by downshiftme
Sat Aug 26, 2017 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: What it means to be acquired by a holding company?
Replies: 6
Views: 946

Re: What it means to be acquired by a holding company?

It's possible the holding company is buying the whole company, in which case they will buy your stock too. More likely, this deal is structured like another round of financing where the holding company injects some capital for partial ownership, your shares stay as they are, and the company is manag...
by downshiftme
Sat Aug 26, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Signed (before death) change of IRA beneficiary forms?
Replies: 3
Views: 407

Re: Signed (before death) change of IRA beneficiary forms?

Beneficiary forms do not need to be witnessed, but they do need to be submitted, Having forms that were never sent in will have no effect.
by downshiftme
Sat Aug 26, 2017 2:52 pm
Forum: Personal Consumer Issues
Topic: Desperate to get rid of mosquitoes, what else could we try?
Replies: 56
Views: 3205

Re: Desperate to get rid of mosquitoes, what else could we try?

Got a Mosquito Magnet (Patriot Plus) and we are running it all the time, on the border between us and the neighbor. Mosquito Magnets, like attractive bug zappers, attract the bugs they intend to kill. Could yours be attracting bugs from other neighbor's yards to cross your yard to the magnet? Maybe...
by downshiftme
Wed Aug 23, 2017 8:22 pm
Forum: Personal Consumer Issues
Topic: Experience finding gas pump card skimmer?
Replies: 46
Views: 4141

Re: Experience finding gas pump card skimmer?

A few months ago, I noticed the convenience store chain where I buy my gasoline installed tamper-proof seals on their pumps...the type that break if the pump is opened up. My local gas station has similar tamper evident tape covering the door seals that open the inner workings on the credit card te...
by downshiftme
Wed Aug 23, 2017 11:14 am
Forum: Personal Consumer Issues
Topic: Eclipse Traffic: predictions vs reality?
Replies: 64
Views: 4756

Re: Eclipse Traffic: predictions vs reality?

Driving into the zone of totality the day before, and morning of, the eclipse was no problem and the predicted traffic jams did not materialize. Driving out of the eclipse area after the eclipse was a nightmare and all the traffic problems were as bad or worse than predicted. Using a GPS, there were...
by downshiftme
Wed Aug 16, 2017 11:07 am
Forum: Investing - Help with Personal Investments
Topic: bitcoin makes you rich
Replies: 22
Views: 2667

Re: bitcoin makes you rich

Keep in mind that there are also notable thefts and problems with exchanges that can wipe out an entire holding. Not to mention the possibility that you lose your data and all of your bitcoins, like the guy who lost his bitcoins in a landfill. 100% loss for these types of events. https://bitcointalk...
by downshiftme
Sun Aug 13, 2017 9:41 pm
Forum: Personal Consumer Issues
Topic: Where to buy glasses for eclipse viewing ?
Replies: 70
Views: 6017

Re: Where to buy glasses for eclipse viewing ?

American Astronomical Society has an extensive list of reputable suppliers, including some who are sold out. https://eclipse.aas.org/resources/solar-filters For several months it has been common for some suppliers to only sell in packs of 10 or more. If you have friends who bought a supply before th...
by downshiftme
Wed Aug 09, 2017 12:54 pm
Forum: Personal Consumer Issues
Topic: Wanting to learn how to play Bridge
Replies: 15
Views: 1500

Re: Wanting to learn how to play Bridge

Finding a local bridge club is a good start. They will usually have classes, sometimes lists of private teachers, and regular duplicate games to play in. Many senior centers or community clubs also have a duplicate game a week. Try different venues and sample the level of play to find what's comfort...
by downshiftme
Mon Aug 07, 2017 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: kids think lazy if retire?
Replies: 70
Views: 8047

Re: kids think lazy if retire?

You get to retire (or take a break) because you worked hard and were responsible with money. That's a pretty positive message. Also, teenagers will roll their eyes, but it's your last meaningful chance to spend good blocks of quality time with them. They won't always want you around, but sometimes t...
by downshiftme
Mon Aug 07, 2017 12:57 am
Forum: Personal Finance (Not Investing)
Topic: Need help progressing in life after a massive setback
Replies: 35
Views: 6498

Re: Need help progressing in life after a massive setback

Compound a bunch of those nights, eventually leading to basically no sleep for 3 days in a row with a high paying but very stressful job and something just finally snapped. Once I got back on a regular sleeping/eating/life schedule that 98% of the rest of the world adheres to life came back into fo...
by downshiftme
Tue Aug 01, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA: if known result, why complete?
Replies: 44
Views: 2753

Re: FAFSA: if known result, why complete?

I see no reason to fill out FAFSA if you know you will not get any need based aid. Some well meaning school officials strongly suggest that everyone fill out FAFSA on the assumption that some people are not as well off as they think they are and might qualify for some assistance, especially if there...
by downshiftme
Tue Jul 25, 2017 5:00 pm
Forum: Personal Consumer Issues
Topic: State Farm vs Penn National- auto, renters, umbrella?
Replies: 58
Views: 5692

Re: Why does State Farm have poor reviews?

My parents have been happy State Farm customers for over 50 years and through several out of state moves. They highly recommended them. When I tried to get insurance I was unable to find a State Farm agent that seemed interested in my business, so I went with another company and have been happy with...
by downshiftme
Tue Jul 25, 2017 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Pay yourself first.
Replies: 43
Views: 4024

Re: Pay yourself first.

I live a fairly simple and low-cost lifestyle. It goes like this: 1. I set my contribution rate to the 401(k) to 30% (max allowed by the plan). 2. Contribute to my Roth IRA. 3. Spend what I spend. 4. Anything left goes in taxable investing. I have always understood the adage "Pay yourself first" to...
by downshiftme
Mon Jul 24, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: NYT Medicaid Article
Replies: 16
Views: 2608

Re: NYT Medicaid Article

The only exceptions ("better" care) here are those skilled nursing beds that are a part of a CCRC. I find it hard to believe that all nursing homes and long term care facilities in your location deliver the same care. That's like suggesting that all restaurants deliver the same services (menu and o...
by downshiftme
Sun Jul 23, 2017 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: NYT Medicaid Article
Replies: 16
Views: 2608

Re: NYT Medicaid Article

get into the best facility you can find, spend down your income and assets over, say, ten years, and when you naturally qualify for Medicaid hope that they'll keep you. Usually, it's the exact same care as an insured patient would receive. In my experience, there is a large difference between the b...
by downshiftme
Tue Jul 18, 2017 2:48 pm
Forum: Personal Consumer Issues
Topic: Family Tents
Replies: 10
Views: 1043

Re: Family Tents

Had very good luck with a large family tent from Costco. They tend to stand behind stuff they sell.
by downshiftme
Mon Jul 17, 2017 3:52 pm
Forum: Personal Consumer Issues
Topic: Humid basement
Replies: 39
Views: 2802

Re: Humid basement

A stop gap that worked for a similar situation for me was to run a small fan all the time in the affected area. It's a modest cost in electricity and the slight airflow solved my (similar) problem. It may or may not work for you, but it's easy to try.
by downshiftme
Sat Jul 15, 2017 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Was it unprofessional for the HR manager to ask for my salary history in front of a peer at a job interview?
Replies: 74
Views: 8008

Re: Was it unprofessional for the HR manager to ask for my salary history in front of a peer at a job interview?

You can complain to authorities if you like, but from what I have been told you will be wasting your time. The crime isn't asking the illegal question, the crime is making a hiring decision based on the prohibited information. You would need to prove that you were discriminated against because of yo...
by downshiftme
Fri Jul 14, 2017 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 203
Views: 10276

Re: Do you count vehicle equity in net worth?

I don't bother. I think cars (and furnishing and miscellaneous household goods) are all assets and rightly are part of my networth. If I were to expire and my estate liquidated, they would certainly be part of the proceeds available to my heirs. But it is more effort than it is worth to calculate al...
by downshiftme
Fri Jul 14, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Finance Q for those that have gone through Divorce
Replies: 38
Views: 3225

Re: Finance Q for those that have gone through Divorce

OP is willing to give her 1.4 million in assets plus some support. OP keeps roughly $700,000. What exactly is unfair? OP is also retaining the future income of 300K (plus reasonable increases) while the soon-to-be-ex has unknown earning potential but almost certainly much much less than 300k annual...
by downshiftme
Fri Jul 14, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Finance Q for those that have gone through Divorce
Replies: 38
Views: 3225

Re: Finance Q for those that have gone through Divorce

In addition to the options of 1) agree on a proposal between yourselves and 2) hire lawyers and fight it out, there is a third option in most states. There are specialized divorce mediators who help couples reach a cooperative agreement that looks like option 1) but is guided by an impartial mediato...
by downshiftme
Tue Jun 27, 2017 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Losing job, seeking advice
Replies: 16
Views: 2525

Re: Losing job, seeking advice

I'd suggest that you NOT put extra in the 401k, in fact you might consider stopping contributions altogether. If you find a new job in the next six months, then you can put your 401k contributions as high as you want to to use up the 2017 limits. If you are still out of work by the end of the year, ...
by downshiftme
Fri Jun 23, 2017 2:10 pm
Forum: Personal Consumer Issues
Topic: New cars w/ no CD player -- what can I do with my CDs?
Replies: 47
Views: 4864

Re: New cars w/ no CD player -- what can I do with my CDs?

I had the reverse problem with a car so old it had no CD player. The solution was to buy an aftermaket car CD player and have it installed. I would expect this would work just as well for a car so new that there is no factory CD player.
by downshiftme
Mon Jun 19, 2017 3:25 pm
Forum: Personal Consumer Issues
Topic: Garage Parking Aid
Replies: 28
Views: 2391

Re: Garage Parking Aid

My parents use the hanging tennis ball and it is a GREAT solution. I see others have suggested using adhesive attachments if you don't want to drill concrete. Another alternative is a plastic kids play sign. We have a freestanding sign (doesn't matter what it says) that is light enough to withstand ...
by downshiftme
Thu Jun 15, 2017 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth moving for a better public high school?
Replies: 32
Views: 2508

Re: Is it worth moving for a better public high school?

I am all for moving to get a better school, but you need to know a lot more about the schools than the rankings. In fact a #700 school might be quite excellent. High schools that are big enough offer a wide variety of programs and understanding how these match (or don't) compared to your children's ...
by downshiftme
Wed Jun 07, 2017 6:07 pm
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 8319

Re: Dave Ramsey Financial Peace University ??? worth it?

Hard to believe following a 7 step plan, something your grandmother already told you about is such a scam. Or reading a book and taking the advise you believe in is a scam. I would believe that is a little harsh. The basic material is available in his other publications and it really is basic. I do...
by downshiftme
Wed Jun 07, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: "Paying" a minor for otherwise uncompensated work
Replies: 37
Views: 3182

Re: "Paying" a minor for otherwise uncompensated work

I'm not an expert here, but doesn't he have to be paying you for work that you perform FOR HIM? I cannot just pay my kid for going to summer camp, and then the kid uses that money to fund a Roth IRA. People with family business can pay their kids a reasonable (defensible) wage for working around the...
by downshiftme
Wed Jun 07, 2017 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on emergency account amount.
Replies: 22
Views: 2654

Re: Thoughts on emergency account amount.

My emergency account has drifted up and down, depending on circumstances. In days when I believed that I could easily find a new job should I unexpectedly lose my current job, I figured 3 months of expenses would be enough, and I could stretch it a bit by belt tightening if needed. In days when the ...
by downshiftme
Wed May 31, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Job offer without an in person interview
Replies: 41
Views: 4156

Re: Job offer without an in person interview

I've never seen a job where there wasn't some type of detailed face to face interview (or at least a video call). I think this is a very odd process and I would have a lot of concerns about accepting such a job. Effectively they are skipping a very basic step of actually seeing you in person, but a...
by downshiftme
Thu May 25, 2017 12:29 pm
Forum: Personal Consumer Issues
Topic: Help! Renters asking for radon mitigation--what do I need to do?
Replies: 18
Views: 1858

Re: Help! Renters asking for radon mitigation--what do I need to do?

There's a good chance that a reading of 6.6 can be remediated with something as simple as a fan. You probably want to have your own test to confirm the reading and find out all the available options, but closed unventilated spaces can often be "fixed" with very simple ventilation.
by downshiftme
Mon May 22, 2017 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: IRS tax letter triggered by Turbotax's 8606
Replies: 50
Views: 6472

Re: IRS tax letter triggered by Turbotax's 8606

Have purchased Audit Defense, I put in a call to them and found that it's not exactly straightforward to get help. So far, I've been told that Turbotax has no bugs connected to 8606 If this is the level of audit defense they put up, then are you entitled to a refund of the fee you paid? This hardly...
by downshiftme
Fri May 05, 2017 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: When you didn't have 401(k)/403(b), did you have IRA?
Replies: 46
Views: 2495

Re: When you didn't have 401(k)/403(b), did you have IRA?

Oh, I feel old contemplating all the responses from Bogleheads who always had IRA and 401k as choices. Back in the day, IRA was the only game in town. In fact, I have a little savings from BEFORE an IRA was even possible. Over the years, the limits changed and some employers didn't offer 401k even a...
by downshiftme
Tue May 02, 2017 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: 401k administrator requiring net worth
Replies: 40
Views: 3088

Re: 401k administrator requiring net worth

mrsytf wrote: I would not lie. I would continue to refuse and state my case. I absolutely WOULD lie. Just like I do when a stranger cold calls my house and starts asking financial questions for a "survey" or something. They are trying to build a file so they can make a case that the inves...
by downshiftme
Sun Apr 23, 2017 9:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: The next generation of Boglehead authors
Replies: 41
Views: 4420

Re: The next generation of Boglehead authors

JL Collins is very accessible for the next generation of Bogleheads.

jlcollinsnh.com
by downshiftme
Wed Apr 19, 2017 4:44 pm
Forum: Personal Consumer Issues
Topic: Medical Alert Services
Replies: 11
Views: 1010

Re: Medical Alert Services

If your parent has any kind of independent mobility, for instance takes cab rides to go shopping or to movies, then any unit that relies on a base station will not work when they are out of the house. Look for cellular phone services if that feature is needed.
by downshiftme
Wed Apr 19, 2017 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Does Insurance Have to Pay an Out-of-Network Ambulance Bill in Full?
Replies: 46
Views: 3818

Re: Does Insurance Have to Pay an Out-of-Network Ambulance Bill in Full?

In network hospital arranged transpiration for me (a patient) with their usual ambulance service to another in network facility for covered treatment. The ambulance ride was not covered by insurance. Balance billing is disallowed for in-network providers who have agreed to the insurance network's te...
by downshiftme
Mon Apr 17, 2017 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Being "Bought Out" By Another Company
Replies: 11
Views: 1253

Re: Employer Being "Bought Out" By Another Company

I've been on both sides of this, part of a company that was acquired, and part of a company that acquired other companies. In most cases, one of the motivating factors is that executives believe that combining the two operations can result in operating efficiencies. The combined company payroll depa...
by downshiftme
Fri Apr 14, 2017 9:18 am
Forum: Personal Consumer Issues
Topic: Car Breaks Down on Long Road Trip
Replies: 55
Views: 5015

Re: Car Breaks Down on Long Road Trip

This did happen to us a few years ago. We ended up doing exactly what others have suggested. It was a short blip of a delay in the trip and a little logistics at the end to claim the repaired car. Otherwise a nice vacation and an enjoyable trip all around. 1. leave vehicle at nearest facility for re...
by downshiftme
Mon Apr 10, 2017 1:23 pm
Forum: Personal Consumer Issues
Topic: Online high school
Replies: 38
Views: 2886

Re: Online high school

My son was a very motivated learner and tried online high school classes for subjects he wanted to try that were not available in the local school. It was frustrating and did not live up to the promises. The "lectures" were video with no opportunity for interaction and the quality was very...
by downshiftme
Sun Apr 09, 2017 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: [Tax] software asks driver license number
Replies: 15
Views: 1552

Re: [Tax] software asks driver license number

I do not understand how providing my driver's license will help with taxes. Tax data is already targeted by fraudsters claiming fake refunds. If anything having the tax data also include driver's licenses makes the tax data a bigger target for hackers who can access not just financial data but perso...
by downshiftme
Sat Apr 08, 2017 12:15 am
Forum: Investing - Theory, News & General
Topic: Social Security for Millennials
Replies: 159
Views: 18753

Re: Social Security for Millennials

This statement is correct in absolute terms, but incorrect in relative terms. (You're both right.) If you pay more in, you get more absolute dollars out. However, the lower income person gets a bigger relative benefit for each contribution. The system is too complicated for simple statements like t...
by downshiftme
Fri Apr 07, 2017 5:31 pm
Forum: Personal Consumer Issues
Topic: Cost of Booze on a Cruise
Replies: 68
Views: 7512

Re: Cost of Booze on a Cruise

Which cruise line are you considering?


Was looking at Norwegian, Holland America, Celebrity or Viking River cruises. But never having been on any cruise, I'm mostly looking for an interesting trip and probably fun ports to visit.
by downshiftme
Fri Apr 07, 2017 4:55 pm
Forum: Personal Consumer Issues
Topic: Cost of Booze on a Cruise
Replies: 68
Views: 7512

Re: Cost of Booze on a Cruise

I have not been on a cruise, but am considering one in the fall. Is this fascination with alcohol and the best ways to get alcohol on board a common theme for cruising? It sounds like a major on board activity may be drinking, which likely would not be of much interest to me. The cruise line is real...