Search found 76 matches

by LSLover
Wed Jul 25, 2018 10:46 am
Forum: Personal Consumer Issues
Topic: I want to sell my home, but I don't want to fix it up
Replies: 65
Views: 6220

Re: I want to sell my home, but I don't want to fix it up

There are companies that buy houses as is. You don’t pay commission as there is no agent involved. I would try them just to see what they offer...
by LSLover
Wed Jul 04, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: Anyone Tried Youtube TV Yet?
Replies: 42
Views: 4091

Re: Anyone Tried Youtube TV Yet?

I am trying to estimate my expenses associated with YouTube TV. So, it is $40 per month. Are there any additional taxes or fees? I assume taxes and fees are dependent on the locality but would appreciate the ballpark number just to get an idea. Also, if I understand the setup correctly, all I would ...
by LSLover
Thu Jun 28, 2018 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning
Replies: 15
Views: 1982

Re: Estate Planning

Yes, in the situation where my wife and I die simultaneously or in close proximity, our son would get everything but we had our attorney write the the document so that the assets are doled out over a period of years. When you update your planning, you may want to leave his inheritance to him in a t...
by LSLover
Wed Jun 13, 2018 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 231
Views: 27264

Re: Vangaurd Municipal Money Market VMSXX 1.39%

Would you be willing to share the spreadsheet you have set up? Sure. It's a Google Sheet, and here's the link to a view-only version: https://docs.google.com/spreadsheets/d/1xYVmM-a1POETySkBTtr25Ezd8_3MzKo43G_xv-CmwG8/edit?usp=sharing. With your Google account, you can make a copy to get an editabl...
by LSLover
Wed Jun 13, 2018 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 231
Views: 27264

Re: Vangaurd Municipal Money Market VMSXX 1.39%

Why is there so much fluctuation in muni money market yields? Is it just a quick of how Vanguard reports the yield, or should we actually be moving money back and forth to exploit this? It's not a quirk in how Vanguard reports yield. I've verified it directly by calculating the yield based on the c...
by LSLover
Tue May 29, 2018 3:05 pm
Forum: Personal Consumer Issues
Topic: Lawyer instead of buyer's real estate agent? Experience anyone?
Replies: 54
Views: 5247

Re: Lawyer instead of buyer's real estate agent. Experience anyone?

In most states the seller signs a listing contract that identifies the selling and buying agent's commission. The seller pays the commissions out of the proceeds of the sale (yes the buyer's agent actually works for the seller not for the buyer). If that's the practice in your state you'd have to c...
by LSLover
Tue May 22, 2018 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 46
Views: 6323

Re: Downloadable Social Security Benefit Estimator (repost)

rbrand1 wrote:
Tue May 22, 2018 8:18 pm
I can't seem to get the downloadable version, which I uploaded into Google Sheets, to work. Has anybody else? :oops:

Thanks!
Yeah, it doesn't seem to work in Google Sheets...
by LSLover
Thu May 03, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Commissions - How Negotiable?
Replies: 31
Views: 2199

Re: Real Estate Commissions - How Negotiable?

FWIW, in my area of the country it is pretty common to split 50/50 with your agent his commission when buying.
by LSLover
Mon Apr 30, 2018 9:35 pm
Forum: Investing - Theory, News & General
Topic: 6 month T-bills are at 1.99%
Replies: 55
Views: 5579

Re: 6 month T-bills are at 1.99%

The 6-month Treasury auctioned at about the same yield a few weeks ago--maybe at bit more than a month ago. I bought a small quantity then. Then it dropped, now it has come back. Fidelity yield summary page shows 6-month yield at 2.01%, so close enough--let's call it 2%. Prime money market yield is...
by LSLover
Sun Apr 01, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Money Market Accounts
Replies: 34
Views: 2913

Re: Money Market Accounts

VanguardAdvantage has no minimum for checkwriting. https://www.google.com/url?sa=t&source=web&rct=j&url=https://personal.vanguard.com/pdf/s335.pdf%3F2210092750&ved=2ahUKEwjj1vSd6pnaAhXBmOAKHX_VAzkQFjABegQIBhAB&usg=AOvVaw25EekoD_zW_fqbHuM7U0-N Last I checked (and it has been +1 year) that was only a...
by LSLover
Sun Apr 01, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Money Market Accounts
Replies: 34
Views: 2913

Re: Money Market Accounts

Thank you for your reply. I'm not concerned about being able to write checks. I'm just looking for a safe place to hold a good chunk of my emergency fund with better rates than a savings account. As long as I have the ability to transfer back and forth between the MM and my other accounts periodica...
by LSLover
Tue Mar 13, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Huge special assessment on Condo?
Replies: 60
Views: 6367

Re: Huge special assessment on Condo?

I've served on my condo board (68 units)for a number of years. 1M for an 88 unit property is a really nice reserve, of course I don't know the value or size of the condos. Our current board took over after the last board ran our reserve to zero, and had to do a 300k special assessment. It has been ...
by LSLover
Mon Mar 12, 2018 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Huge special assessment on Condo?
Replies: 60
Views: 6367

Re: Huge special assessment on Condo?

Also, I'm concerned that since about 40% units are being rented out... Run, don't walk away from this. 40% rented units is a recipe for disaster. This is the problem we're having in my 15 unit condo building. I'm HOA president, purely because nobody else would do it. When we purchased in Dec 2015, ...
by LSLover
Mon Mar 12, 2018 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Huge special assessment on Condo?
Replies: 60
Views: 6367

Re: Huge special assessment on Condo?

i've been looking at condos if i can find one that is walking distance to the downtown square where the restaurants/entertainment are located. both of the new/newish properties i've looked at have a 10% maximum limit on rentals. having seen the condo where my mom lived go from primarily owner to pr...
by LSLover
Sun Mar 11, 2018 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Huge special assessment on Condo?
Replies: 60
Views: 6367

Re: Huge special assessment on Condo?

I did a quick calculation about what this might be for my unit if it is split up in the same ratio of the monthly HOA fees. That would make it about 60K. Is that how it usually works? Almost certainly the assessment will be divided up percentage wise like HOA fees, i.e. you pay more if you have a l...
by LSLover
Sat Feb 24, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Prices
Replies: 186
Views: 25900

Re: TurboTax Prices

Turbo Tax Premier is $69 @ Amazon now. Right, and it's been pretty stable since end of November, except for one day (Dec 7) where it dropped to $54.86... for about four hours. I did get the camelcamelcamel notification that day, but by the time I got around to buying it the price had already been c...
by LSLover
Sun Feb 04, 2018 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Quicken Premier 5-year subscription $0 (free) on quicken website
Replies: 161
Views: 12194

Re: Quicken Premier 5-year subscription $0 (free) on quicken website

There is essentially zero chance that Quicken will allow this. I have created two accounts and received confirmation numbers that are hundreds apart from each other in about 3 minutes. That suggests that people are creating thousands of accounts per hour and may result in serious loss of revenue to ...
by LSLover
Mon Jan 22, 2018 8:54 am
Forum: Personal Consumer Issues
Topic: Pros and Cons of High Rise Condos for retired couple
Replies: 47
Views: 5624

Re: Pros and Cons of High Rise Condos for retired couple

Has anyone lived in a condo with valet as the only parking option? How did you like it?
by LSLover
Wed Jan 17, 2018 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Money Market Fund
Replies: 12
Views: 1088

Re: Muni Money Market Fund

I just bought some of the Vanguard analog (VMSXX) within the past month. VG's default MM settlement fund has gotten better, interest-rate-wise, but still a clear difference at our marginal rate (for a near 1.9% taxable-equivalent rate, if memory serves). It's not zero risk, but very low, imo. VMSXX...
by LSLover
Wed Jan 17, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 193
Views: 25790

Re: Do you have an umbrella policy?

The probabilities are much higher than that. About 0.03% of umbrella policies make a claim every year, and the average loss is about $500,000. If you drive from age 20 to age 80, then your lifetime risk of making an umbrella claim is about 2.1%. (85% of the umbrella premium goes to pay for excess a...
by LSLover
Wed Jan 10, 2018 9:47 pm
Forum: Investing - Theory, News & General
Topic: Muni Money Market funds starting to look good!
Replies: 139
Views: 26428

Re: Muni Money Market funds starting to look good!

After going as high as 1.4% a few days ago, the Vanguard NY Muni Money Market has a SEC yield of 1.22% today. So the predictions of an end of year run up and a January fall off appear to be on target. The highest marginal rate for a New Yorker with the new tax plan is 37% (Fed) + 8.82% (NY State) +...
by LSLover
Sat Jan 06, 2018 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 35847

Re: Synchrony Bank 12 month 2% CD

OneWorld111 wrote:
Fri Jan 05, 2018 7:33 pm
Anyone tried Synchrony bank 2% 12 month CD?

Regards,
HNY
I did. Opened two CDs online without any issues in 5 min total. I have a savings account with Synchrony and funded the CDs thru this account.
by LSLover
Fri Jan 05, 2018 2:11 pm
Forum: Investing - Theory, News & General
Topic: Synchrony bank 12 month CD @ 2%
Replies: 8
Views: 1464

Re: Synchrony bank 12 month CD @ 2%

Just saw it this morning - Synchrony bank has 12 month CDs paying 2% :D Their FAQ states that the early withdrawal penalty is applied to the principal. I can see giving back some interest, but, is it true that I could wind up with less than I deposited when I opened the CD? According to the Synchro...
by LSLover
Tue Jan 02, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Who should we appoint as executor?
Replies: 33
Views: 3111

Re: Who should we appoint as executor?

Bruce,

What would be your recommendation for a book?
by LSLover
Mon Jan 01, 2018 6:55 pm
Forum: Personal Consumer Issues
Topic: Advice needed for paypal transaction
Replies: 14
Views: 1194

Re: Advice needed for paypal transaction

I had very similar experience a few years ago. While some real money was deposited to my PayPal account, the buyer was questionable. The amount was also in excess of what was due. The buyer likely used fraudulent credit card with the English sounding name and asked after the payment was made that th...
by LSLover
Sat Dec 30, 2017 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Stopped Check 2018 Property Tax - Etiquette to County?
Replies: 38
Views: 3656

Re: Stopped Check 2018 Property Tax - Etiquette to County?

mikep wrote:
Sat Dec 30, 2017 9:39 am
I would try to stop it. Next year, you may be able to deduct it on state taxes anyway. For me 9.3% of 15K >> $35.
How do you deduct $15K in property taxes if combined limit on property plus state income tax is $10K?
by LSLover
Fri Dec 29, 2017 7:19 am
Forum: Personal Finance (Not Investing)
Topic: Stopped Check 2018 Property Tax - Etiquette to County?
Replies: 38
Views: 3656

Re: Stopped Check 2018 Property Tax - Etiquette to County?

arsenalfan wrote:
Fri Dec 29, 2017 7:06 am
Ok just called the county: $35 bounce check fee is all. Boo. They said just let it ride.

Hefty lol.
Can you tell us what county is that?
by LSLover
Sun Dec 24, 2017 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: IRS acceptance of Intuit’s Its Deductible for Charity Valuations
Replies: 7
Views: 1432

IRS acceptance of Intuit’s Its Deductible for Charity Valuations

I have been using the Intuit’s It’s Deductible to catalog and value my charity donations ever since it was first offered as a stand alone sidekick-type add-on to TurboTax. However, I have not seen any comments on the IRS acceptance of the tool at the audits. Has anyone who used Its Deductible been a...
by LSLover
Sat Dec 23, 2017 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy for month of the year to retire
Replies: 33
Views: 2793

Re: Strategy for month of the year to retire

Great question. I’m not retired, but my plan will likely be to retire around July. Why? - It gives me a chance to fully fund and match my 401k - Fully find HSA for one more year - Fully fund Roth IRA for one more year - It gets past the bonus payout period (April) - It gets past 1,000 hours for ano...
by LSLover
Wed Dec 20, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 250
Views: 39122

Re: Fidelity free Turbotax

Does anyone know if the e-files are limited to five per each computer or per download/copy of the software?
by LSLover
Tue Dec 19, 2017 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: PurePoint Savings 1.30% Reviews
Replies: 4
Views: 847

Re: PurePoint Savings 1.30% Reviews

vbdoug wrote:
Tue Dec 19, 2017 8:07 pm
I just went through 266 posts about Ally bank on another thread. Why not PurePoint? They offer 1.4% without any fees whatsoever with only a 10K minimum. I have it tied to a Chase checking account and so far it has been both seamless and highly professional.
+1
by LSLover
Tue Dec 05, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Lowering real estate agent costs when selling?
Replies: 34
Views: 3081

Re: Lowering real estate agent costs when selling?

Actionable: 1 If you are in a high demand area, right now R/E is doing well in many areas, inventory is low for good properties, you can try a FSBO first. 2 Then if it doesn't sell right away, move on to a Flat Fee MLS R/E listing service, 3 then finally a regular Brokerage. What the large brokerag...
by LSLover
Sat Dec 02, 2017 8:58 am
Forum: Investing - Theory, News & General
Topic: Investment Portfolio Tracking & Spreadsheets
Replies: 37
Views: 5210

Re: Investment Portfolio Tracking & Spreadsheets

If any of you, guys, would share your advanced spreadsheets, we all would appreciate!
by LSLover
Sat Nov 25, 2017 2:08 pm
Forum: Investing - Theory, News & General
Topic: HSA: "Pay out of pocket" vs Withdraw math problem
Replies: 48
Views: 4302

Re: HSA: "Pay out of pocket" vs Withdraw math problem

What? You're paying yourself for medical costs you paid out of pocket in the past. You're not actually using tax free money to buy a motorcycle. What you guys are calling #3 (saving receipts and then using that credit later to buy a motorcycle), isn't actually a thing. I think you are still not get...
by LSLover
Sun Nov 19, 2017 11:09 am
Forum: Investing - Theory, News & General
Topic: Investment Portfolio Tracking & Spreadsheets
Replies: 37
Views: 5210

Re: Investment Portfolio Tracking & Spreadsheets

To track individual stock portfolios, I use Google Finance. But they're in transition and the portfolio feature may go away so I searched for a replacement and found EquityStat which I think is really swell! It allows for multiple portfolios which I like because I help family members with their por...
by LSLover
Fri Nov 10, 2017 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 74650

Re: Quicken's future direction - a cause for concern

So, deluxe is now $89 at Amazon for 27 months. Since I'm on 2016, I'm debating just waiting a few years until it expires and then switching, or switch now for that price. When will 2016 sunset? You can buy 2017 Deluxe for less than $20. https://www.thepcconnectstorellc.com/products/taxact-2016-stat...
by LSLover
Sat Oct 28, 2017 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Rewards Visa Card
Replies: 17
Views: 2347

Re: Fidelity Rewards Visa Card

I have been using the card ever since it replaced AmEx as the Fidelity Rewards Card. It works without any issues, allows collection of data by aggregators but god forbid you will ever need their customer service assistance... Customer service is inadequately trained and even a small problem with the...
by LSLover
Wed Oct 25, 2017 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 74650

Re: Quicken's future direction - a cause for concern

I just got an email offering 10% off; "Premier for Windows Maximize your investments $67.49/yr". That's three times as much as 2017. I'm glad I bought a 2017, I'm good until 2020. Quicken proudly proclaims they will not hold your financial life hostage in a ransom ware attack if you don't pay. Is t...
by LSLover
Tue Oct 24, 2017 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 74650

Re: Quicken's future direction - a cause for concern

I'm not sure I'll move. Given that the costs are only about $6/month, I think it's probably worthwhile to stay, but I like to see everyone's input so far. That's how I feel. Mainly because there aren't good alternatives for what I use it for. I see 2018 Premier for $80, so that comes to $3.33 a mon...
by LSLover
Sun Sep 17, 2017 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 193
Views: 25790

Re: Do you have an umbrella policy?

$128/yr for 1 mil. I was also able to slightly lower the cost of my auto and home insurance using the umbrella so over added yearly cost is likely about $75. Our assets are in excess of this amount but I was primarily looking to get the insurance companies legal team on my side should be have an is...
by LSLover
Fri Sep 01, 2017 9:08 pm
Forum: Personal Consumer Issues
Topic: T-Mobile promotion for 55+
Replies: 92
Views: 12089

Re: T-Mobile promotion for 55+

[/quote] The iphone works on both. You can search for the phone that you like on Amazon to see whether it works on both T-Mobile and Verizon. [/quote] OK my wife has an iPhone, so that's one down. Will check on my Galaxy 7, the TMo buyout details, and try to find out more about local coverage. Hopef...
by LSLover
Fri Sep 01, 2017 2:39 pm
Forum: Personal Consumer Issues
Topic: T-Mobile promotion for 55+
Replies: 92
Views: 12089

Re: T-Mobile promotion for 55+

I have spent some time investigating the switch from Verizon. Too much info to describe in detail but it all depends on the device you have on Verizon as well as whether it's paid off or not. Some devices will work on T-Mobile immediately after changing the sim card and some have to be unlocked by V...
by LSLover
Wed Aug 23, 2017 3:44 pm
Forum: Personal Consumer Issues
Topic: T-Mobile promotion for 55+
Replies: 92
Views: 12089

Re: T-Mobile promotion for 55+

Would be interesting to hear from someone who signed up for this plan switching from Verizon with the phones that are not paid off yet...
by LSLover
Sun Aug 06, 2017 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Capital - Questions about the "Cash Flow" feature
Replies: 23
Views: 5554

Re: Personal Capital - Questions about the "Cash Flow" feature

I would like to know how others handle these two items related to expenses: 1) If you buy an item from a retail store and return it for a refund, Personal Capital lists the purchase as "expense" and the refund as "income." Is the refund really "income?" Shouldn't the purchase and refund just net ou...
by LSLover
Sat Aug 05, 2017 4:26 am
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 74650

Re: Quicken's future direction - a cause for concern

Tyler Aspect wrote:I don't want to bash Quicken just because I wrote a piece of software to replace it, but the business model of Quicken requires you to buy the same software over and over again.

I won't get into the security issues of typing banking credentials into Quicken.
Which software are you referring to?
by LSLover
Sun Jul 23, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: MAGI and Medicare
Replies: 29
Views: 2907

Re: MAGI and Medicare

IRA contributions to a traditional IRA reduce the IRA AGI or adjusted gross income because the qualifying contribution is deducted from the AGI. On the other hand, the IRA AGI for a Roth IRA is not reduced, because the contributions are funded with after-tax dollars.
by LSLover
Sat Jul 22, 2017 8:46 am
Forum: Personal Consumer Issues
Topic: Humid basement
Replies: 39
Views: 3496

Re: Humid basement

Has anyone tried the DampRid Moisture Absorber? http://www.homedepot.com/p/DampRid-64-oz-Fragrance-Free-High-Capacity-Moisture-Absorber-FG50T/100391308 My coworker swears by this stuff, so I've been thinking of getting a couple for my basement. It does a little bit, but not enough to be noticeable ...
by LSLover
Sat Jul 15, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Reduce MAGI
Replies: 8
Views: 1681

Re: Reduce MAGI

Sounds like you may already be minimizing to the extent possible, but to check that, you could use Turbo Tax to explore if there are other deductions. I am using itemized deductions, reversal of IRA withdrawals within 60 days, tax loss harvesting, making IRA contributions, to reduce my MAGI. SEP IR...