Search found 89 matches

by chessknt
Sat Jan 19, 2019 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Navigating Through the Nursing Home Search
Replies: 9
Views: 329

Re: Navigating Through the Nursing Home Search

Ask his pcp for a referral to a social worker. This person is familiar with the process in your state spe ific to his insurance and can provide you with all the information you will need including financial pitfalls much more so than anyone on this forum. I would strongly recommend you talk to the p...
by chessknt
Fri Jan 18, 2019 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Tax filing software
Replies: 41
Views: 2150

Re: Tax filing software

Using credit Karma as I don't have a complex return and free is free. My info has been lost by the feds, my employer, and equifax for a total of 4 or 5 times now so I'm sure it isn't worth much with all my credit frozen etc.
by chessknt
Thu Jan 17, 2019 5:42 pm
Forum: Personal Consumer Issues
Topic: Any admission pointers from pre- med/ med students?
Replies: 55
Views: 2733

Re: Any admission pointers from pre- med/ med students?

Is this for a college sophomore or high school? If it's high school nothing he's doing really matters except maybe some extra curricular activity if they are particularly Impressive. Let him enjoy life--half the premeds at my college ended up doing something else, a quarter didn't get in--that's 75%...
by chessknt
Thu Jan 17, 2019 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 202
Views: 12942

Re: Why are you NOT buying rental properties?

HomerJ wrote:
Thu Jan 17, 2019 10:37 am
tomtoms wrote:
Thu Jan 17, 2019 10:34 am
Obviously, real estate investment is not for everyone. If it was then the return wouldn’t be so good.
Let's see some numbers. Why are you unable to provide any real numbers?

Because he's trollin'. Move on folks.
by chessknt
Wed Jan 16, 2019 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 202
Views: 12942

Re: Why are your NOT buying rental properties?

So, I have to ask..if you are willing to hustle and you have the money, why are you not buying rental properties? I would say I'm not interested in hustling. I love the BH philosophy because it encourages apathy towards investing ($$ goes into 3-funds, then don't do anything else). I have no desire...
by chessknt
Tue Jan 15, 2019 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Help with Simple Real Estate Transaction
Replies: 9
Views: 691

Re: Help with Simple Real Estate Transaction

I did something similar with a tenant. I found a title company website with a boilerplate blank contract, edited the parts that did not pertain, then used them to close. You should be able to close quite cheaply since they will know everything else to legally transfer ownership including taxes and p...
by chessknt
Tue Jan 08, 2019 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Health insurance informs me after procedure that they won't cover all of it
Replies: 20
Views: 1588

Re: Health insurance informs me after procedure that they won't cover all of it

Mac means an anesthesia provider (likely a crna) was present and administered sedation during your procedure. Sedation is required for these procedures and not an elective service. If the endoscopist directs a nurse to deliver the sedation to you he/she can bill for it with a small upcharge in addit...
by chessknt
Tue Jan 08, 2019 12:30 am
Forum: Personal Finance (Not Investing)
Topic: What does 1 million @Vanguard get you ?
Replies: 35
Views: 7037

Re: What does 1 million @Vanguard get you ?

I'd like to point out that it is 2.4% annually, not monthly. So approx 22k pre tax annually for your deposit--not a lot to get by on.
by chessknt
Wed Jan 02, 2019 7:48 pm
Forum: Personal Consumer Issues
Topic: Does Buyer ever Lose on eBay?
Replies: 36
Views: 2231

Re: Does Buyer ever Lose on eBay?

Buyers never lose on ebay/PayPal. If you have the desire and lack of ethical compunction you can scam sellers with ease using buyer protections assuming it is not done frequently. The buyer can say the item received was not as described and you are forced to take a return and if they send you a rock...
by chessknt
Mon Dec 31, 2018 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: Tax question--457b contribution not deposited by end of year
Replies: 2
Views: 137

Tax question--457b contribution not deposited by end of year

I withhold a certain amount from each paycheck for a contribution to a 457 plan at fidelity. My employer is usually a few days behind my paycheck issue date for the deposit due to some backend stuff they do. They issue paychecks early in December so I got mine the week before Christmas. My 457 contr...
by chessknt
Thu Dec 27, 2018 6:42 am
Forum: Investing - Help with Personal Investments
Topic: mutual funds or etfs, why each
Replies: 40
Views: 3631

Re: mutual funds or etfs, why each

Using fidelity yesterday afternoon I placed an order to exchange institutional plus shares of vtsm for a bond fund and the executed nav was yesterday's vtsm starting nav.
by chessknt
Thu Dec 27, 2018 6:19 am
Forum: Investing - Help with Personal Investments
Topic: mutual funds or etfs, why each
Replies: 40
Views: 3631

Re: mutual funds or etfs, why each

Sorry for the necro bump but did have a question to ask related to this: I was rebalancing my funds today from a math error I made a month ago and thought I would luck out when I was trading some of my stocks back for bonds but see I actually got the crap nav and not the 5% up nav. Subsequent readin...
by chessknt
Mon Dec 24, 2018 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Massive losses; what if I die [before offsetting the losses]?
Replies: 55
Views: 7004

Re: Massive losses; what if I die?

Assuming you haven't realized the loss and aren't going to die soon you can just wait for the market to turn around instead of worrying about your current positions hypothetical loss.
by chessknt
Fri Nov 09, 2018 7:35 pm
Forum: Personal Consumer Issues
Topic: Tips for protecting buyer from fraud by seller
Replies: 5
Views: 499

Re: Tips for protecting buyer from fraud by seller

Ebay and PayPal have extensive buyer protections and side with the buyer to a fault. The seller is at higher risk of being defrauded by the buyer due to their draconian buyer is always right policies.

Go for it.
by chessknt
Thu Oct 25, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance to cover catastrophe health situation?
Replies: 26
Views: 1655

Re: Insurance to cover catastrophe health situation?

You, aren't even insuring against catastrophes probably. Think if you are in a freak no fault car accident and have a brain injury that requires weeks in an icu followed by months in rehab followed by many more months of pt. Even if it was covered and you didn't tap out the max is the rehab facility...
by chessknt
Sat Oct 13, 2018 5:11 pm
Forum: Personal Consumer Issues
Topic: Lost Power for 24 hours - what food to toss?
Replies: 49
Views: 3568

Re: Lost Power for 24 hours - what food to toss?

I don't develop ANY skin conditions, I never have diarrhea. I get a cold maybe once every 3 years. Have never had a fever. This is due to purposefully exposing myself to all sorts of antigens from an early age. Using too much soap and chemicals on the skin is also harmful, esp. for young children. ...
by chessknt
Fri Oct 05, 2018 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache is the BOMB!
Replies: 32
Views: 5415

Re: Mr. Money Mustache is the BOMB!

...Also how does he expect retired people to afford healthcare in this country if they don't get subsidies that completely rely on tax revenues he isn't contributing to? That doesn't strike anyone as unsustainable? The cost of healthcare rising faster that inflation...incomes...GDP...everything... ...
by chessknt
Fri Oct 05, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache is the BOMB!
Replies: 32
Views: 5415

Re: Mr. Money Mustache is the BOMB!

His post didn't strike you as annoyingly cocksure or arrogant? Did you read point 8? Have you ever met someone who was born with a debilitating congenital condition or a social situation like 2 kids single parent poor social support and imagine their response to this? Also how does he expect retired...
by chessknt
Wed Sep 26, 2018 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: How to charge much higher than Credit Card Limit
Replies: 44
Views: 4219

Re: How to charge much hire than Credit Card Limit

I know of no option to pay taxes that does not charge a fee for credit card use that will likely outweigh the optimal and definitely the nominal cash value of any point generation.

But to answer your question you need a no limit card as there is no way to exceed the credit cap.
by chessknt
Sun Sep 16, 2018 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance asking to repay for services not provided
Replies: 20
Views: 2336

Re: Insurance asking to repay for services not provided

State insurance commissioner referral for fraud if the first dentist won't refund your insurance company and you for work not done. Make sure you are understanding the charges correctly. Insurance company is posturing I wouldn't worry about any kind of arbitrary deadline they set.
by chessknt
Wed Sep 12, 2018 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Lab test prices - exasperating!
Replies: 101
Views: 6132

Re: Lab test prices - exasperating!

I feel like I encounter this practice with literally every professional or contractor service I have ever used, from auto repair to legal issues to carpentry. Well, that hasn't been my experience: auto repair shops will always give a quote for most things (perhaps internal problems that can't be di...
by chessknt
Wed Sep 12, 2018 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Lab test prices - exasperating!
Replies: 101
Views: 6132

Re: Lab test prices - exasperating!

I'm trying to think of a single industry other than health care that can get away with this practice (which might explain my success rate in getting charges reduced). I feel like I encounter this practice with literally every professional or contractor service I have ever used, from auto repair to ...
by chessknt
Wed Sep 12, 2018 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Lab test prices - exasperating!
Replies: 101
Views: 6132

Re: Lab test prices - exasperating!

If you only go to in network labs, then they typically cannot bill you extra if the test is denied. I admit that sometimes it's hard to do when doctors send samples to out of network labs. Last time I went to an in-network lab, and almost all the tests were covered. There was, however, an expensive...
by chessknt
Wed Sep 12, 2018 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Fiancee
Replies: 108
Views: 10631

Re: Massive Student Loan Debt - Fiancee

Is she frugal or a spendthrift? Lots of people make uninformed bad financial decisions in college and turn out fine later but it requires sacrifice--if she likes expensive things and isn't living like a student now I wouldn't expect that to change easily. As far as this being a red flag--marriage re...
by chessknt
Tue Sep 11, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Need investment advise for 7 figure portfolio
Replies: 8
Views: 1410

Re: Need investment advise for 7 figure portfolio

You need to come up with an investing philosophy. Having cash on hand and talking about market downturns is market timing which has been shown time and time again to not work unless you're lucky. Remember people were saying the market was going to go down 2 years ago and we've had some great returns...
by chessknt
Tue Sep 11, 2018 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Lab test prices - exasperating!
Replies: 101
Views: 6132

Re: Lab test prices - exasperating!

If finding a medical home (labs and xray and offices all housed in the same building) is an option and you have an aca insurance plan and this is a routine health visit and a routine lab then it is highly unlikely you will be charged. Medicine costs are hard to estimate in advance for many things fo...
by chessknt
Tue Sep 04, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 46083

Re: Lucrative careers?

There are no such MD programs that are accredited in the United States. Again I’m not denying that CRNAs have an RN degree in the past just as MDs who graduated from United States have obtained a bachelors degree in the past. If you think I’m wrong please give me one allopathic program in the Unite...
by chessknt
Fri Aug 31, 2018 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring. 28 y.o. $5M in cash. Asking for advice for portfolio.
Replies: 79
Views: 13875

Re: Retiring. 28 y.o. $5M in cash. Asking for advice for portfolio.

Might want to investigate your country's safety net in terms of healthcare as well and make sure it isn't based on a minimum years worked etc since that would influence your projections.
by chessknt
Mon Aug 20, 2018 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 207
Views: 12625

Re: Excessive Emergency Room Charges - Options?

Much much less. An ultrasound should not cost more than $200. You went to the ER and had an ultrasound; you did not go to a doctor's office and have an ultrasound. Do NOT know the answer - but on occasion one of my doctors orders an ultrasound and one choice was to have it at a local hospital (norm...
by chessknt
Mon Aug 06, 2018 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a real estate agent to sell a condo (MA)
Replies: 7
Views: 483

Re: Choosing a real estate agent to sell a condo (MA)

The obscene rate is 3% on each side so usually 6% total. Redfin goes as low as 1% on their side in some markets so 4% total there.
by chessknt
Mon Jul 30, 2018 6:45 pm
Forum: Personal Consumer Issues
Topic: LTC strategy: make health your hobby
Replies: 38
Views: 3211

Re: LTC strategy: make health your hobby

All this talk about dementia brings up an important point--talk to your surrogate decision maker about what you'd want done if you lose your mental faculties and fill out advanced directives. An in depth advanced directive (ie one that defines independence to you and at what point you would not want...
by chessknt
Sun Jul 29, 2018 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: What Should I Do About A Dying Friend's Assets?
Replies: 62
Views: 5615

Re: What Should I Do About A Dying Friend's Assets?

If he wants to provide for his sister (even though as a practical matter, as you point out, it may not accomplish anything), he should provide for her in trust rather than outright, with the balance at her death going to or in further trust for whomever he would leave his estate to if she predeceas...
by chessknt
Mon Jul 02, 2018 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Do We need health insurance??
Replies: 137
Views: 9911

Re: Do We need health insurance??

If you have no healthcare background you honestly don't understand the risk you are taking on by not having insurance. This is the age group where serious cancers (many of which have nothing to do with lifestyle but rather bad luck) pop up and frequently have no symptoms until they are quite advance...
by chessknt
Thu Jun 07, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Rental Property Depreciation Question- Schedules for equipment purchased as part of home
Replies: 2
Views: 234

Re: Rental Property Depreciation Question- Schedules for equipment purchased as part of home

I don't think you can depreciate something you didn't pay for. If you need to replace it then you can depreciate the cost of the new item.
by chessknt
Sat Jun 02, 2018 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Major Issue with Wife's Vanguard IRA - please help
Replies: 19
Views: 2019

Re: Major Issue with Wife's Vanguard IRA - please help

Even if there was a mistake it was long ago and has been missed for many years. Fixing it is going to be a gargantuan undertaking--is it worth it? How big is the balance? Were you eligible for ira deductions and never took them? Someone more knowledgeable may be able to comment on a backdoor Roth ta...
by chessknt
Thu May 24, 2018 1:43 pm
Forum: Personal Consumer Issues
Topic: Winter Home - issues/costs?
Replies: 33
Views: 2585

Re: Winter Home - issues/costs?

If you install a nest thermostat or other wifi equivalent you can monitor your home's room temperature remotely as long as you still have internet there. If you can't connect or there is an error or the temp is dropping you could call someone to go check it out instead of having somebody randomly go...
by chessknt
Tue May 22, 2018 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Buy an old farmhouse?
Replies: 52
Views: 5543

Re: Buy an old farmhouse?

Houses that old can be full of hidden problems. How old are the pipes, heating, and electric system? Service amperage? I had a 1920s house and would regularly trip the electrical box when a hairdryer and ac unit on the other side of the house were on the same time because of garbage wiring. Yard wor...
by chessknt
Sun May 13, 2018 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Cancer - tips?
Replies: 37
Views: 7484

Re: Cancer - tips?

Depending on what your physicians are planning to do I would encourage you to think about what the limits of your care should be..... Most people do not do this and I see the consequences in their distraught family every day. Whoa. It is too early to think about limits. Let OP finish treatment and ...
by chessknt
Sun May 13, 2018 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Cancer - tips?
Replies: 37
Views: 7484

Re: Cancer - tips?

Depending on what your physicians are planning to do I would encourage you to think about what the limits of your care should be. You can get very sick with cancer and if they do a transplant you could end up on prolonged life support, unable to participate in decisions, possibly with permanent disa...
by chessknt
Sat May 05, 2018 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to rent as a retiree?
Replies: 83
Views: 9877

Re: Does it make sense to rent as a retiree?

Another factor would be whether you can rent the type of home you are looking for in your desired location. If neighbors on all sides and shared laundry doesn't bother you renting will be easy to fo d a good deal but if you want to live in a wooded lot with nobody for miles around so you can shoot o...
by chessknt
Wed Apr 25, 2018 2:46 pm
Forum: Personal Consumer Issues
Topic: Building/House Plans
Replies: 26
Views: 2057

Re: Building/House Plans

Lot would probably be pretty narrow (~30 ft). Is this correct? Is it an urban infill lot? Or possibly oceanfront? 30' is extremely narrow. Just a 5' property setback would mean the house can be no more than 20' wide. 30 feet is actually pretty standard for the area. Most of the homes in the area ar...
by chessknt
Fri Apr 13, 2018 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Unaffordable prescription drug
Replies: 42
Views: 4475

Re: Unaffordable prescription drug

These biologics may not be as cheap as everyone thinks I'm other countries. Some of these drugs are quite expensive to even manufacture let alone the research costs. The squeaky wheel gets the grease here--keep calling and appealing and fighting and getting your case opened an d looked at. I wouldn'...
by chessknt
Thu Apr 12, 2018 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?
Replies: 93
Views: 19764

Re: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?

It is dangerous to go without healthcare insurance. Quite a lot of people don't think so, but that's politics, so we cannot discuss it. It isn't about politics--the financial risk of a catastrophic illness can easily exceed the entire cost of a total loss on a home. And for someone who likes to rac...
by chessknt
Thu Apr 12, 2018 8:24 am
Forum: Personal Finance (Not Investing)
Topic: My PCP Won't See Me After Auto Accident - How to Handle With Insurance Company?
Replies: 39
Views: 4608

Re: My PCP Won't See Me After Auto Accident - How to Handle With Insurance Company?

This is not something I have seen or would do as a pcp but can understand. They are obligated to refer you to someone to treat you for your ongoing problems and can't just say no without followup. If they didn't offer any, ask for a referral to a physical medicine and rehabilitation physician (speci...
by chessknt
Thu Apr 12, 2018 7:42 am
Forum: Investing - Help with Personal Investments
Topic: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?
Replies: 93
Views: 19764

Re: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?

Might want to make sure your tax plan in terms of cashing out on foreign soil is legal--the USA taxes income generated in other countries as long as you are a citizen and the irs will definitely notice that amount of money and if you are other married it might be considered joint property and thus ...
by chessknt
Thu Apr 12, 2018 4:18 am
Forum: Investing - Help with Personal Investments
Topic: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?
Replies: 93
Views: 19764

Re: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?

Might want to make sure your tax plan in terms of cashing out on foreign soil is legal--the USA taxes income generated in other countries as long as you are a citizen and the irs will definitely notice that amount of money and if you are other married it might be considered joint property and thus s...
by chessknt
Thu Apr 12, 2018 4:05 am
Forum: Personal Consumer Issues
Topic: Medical Records
Replies: 21
Views: 1652

Re: Medical Records

I second the notion that uncomplicated healthy patients do not typically need to come with records. Prior labs, imaging, or studies that have been done are much more useful and are probably more accessible. If you have chronic problems they are more useful but by no means necessary to provide care. ...
by chessknt
Sat Apr 07, 2018 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for a resident physician
Replies: 13
Views: 1031

Re: Asset allocation for a resident physician

Might be too heavy in bonds for your outlook but it also depends on your risk tolerance. Most would argue against tips during accumulation. International allocation looks to be a bit too low. Why prime cap? If you have any loans at the lovely 6.8% interest rate it would be worthwhile to direct money...
by chessknt
Thu Mar 29, 2018 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Rent or Buy? Military Doc. What would you do?
Replies: 46
Views: 3734

Re: Rent or Buy? Military Doc. What would you do?

I would offer the perspective that, though you may come out behind, it may not be behind as much as you think. We bought a house with a short time frame to live in because the rental market could not offer us anything close to what we were looking for. I figured that a loss of 20k after accounting f...
by chessknt
Wed Mar 28, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 16728

Re: Healthy eaters -- is this grocery budget normal to you?

I am curious as to why people are afraid of gmo foods and what the basis of that fear is.