Search found 9244 matches

by ResearchMed
Wed Nov 13, 2019 8:53 pm
Forum: Investing - Theory, News & General
Topic: How to hold title to rental properties
Replies: 9
Views: 748

Re: How to hold title to rental properties

I have 2 rental properties I've owned since 2005 out in the midwest. Both are long-term rentals managed through a property management company. Each of them has about $75k equity in them, and is worth $150k. Our personal residence is based in California and has ~$1 million equity in it. The rentals ...
by ResearchMed
Wed Nov 13, 2019 8:47 am
Forum: Forum Issues and Administration
Topic: Error Message while PMing
Replies: 5
Views: 249

Re: Error Message while PMing

Thanks .... got it. I tried replying to your PM and got the same error message. I noticed my user name in the "add recipients" box, and your user name below. Is this normal? Maybe I have a setting on which is populating the recipient box?? I don't know why your name is auto-completing in the "to" b...
by ResearchMed
Tue Nov 12, 2019 6:24 pm
Forum: Personal Investments
Topic: Advice on Nest Egg draw down
Replies: 9
Views: 1332

Re: Advice on Nest Egg draw down

did you get a $5 million settlement? do you have significant ongoing medical expenses related to your disability incident that this money is supposed to cover for the rest of your life? is any of your settlement taxable? have you paid legal fees from this? have you actually received the money or is...
by ResearchMed
Tue Nov 12, 2019 3:30 pm
Forum: Personal Consumer Issues
Topic: Blankets/Bedding for Cold Winter Nights
Replies: 56
Views: 3438

Re: Blankets/Bedding for Cold Winter Nights

A down comforter, in a "box" design. That means that the "squares" that are the quilted design have internal fabric between the top and bottom, so each section is indeed a sort of flat cube. That way, no heat escapes through the seams. We couldn't believe the difference when we got a really good qui...
by ResearchMed
Mon Nov 11, 2019 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Will I be audited?
Replies: 51
Views: 4175

Re: Will I be audited?

What are my chances of being audited this year or should I worry? Joint Income $240k+ I plan to combine 5 years of charitable giving due to the new tax laws. Specifically, I plan to put 56k into a Donor Advised Fund and give out 14k this year, for a total of 70k of cash giving this year. The goal i...
by ResearchMed
Mon Nov 11, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4141
Views: 793045

Re: What's Your Credit Card Rewards Strategy?

It's a targeted offer. It's 70,000 miles for $2,000 spending, which is very easily attained by us. With regards to the extra baggage, we've not really needed it yet; the carry on has been more than enough for us. Anyway, I've already applied for it. 70,000 miles here we go! I think my current strat...
by ResearchMed
Sun Nov 10, 2019 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 10454

Re: Seller's agent not letting us use a buyer's agent

Look, you shouldn't have asked for the private showing, that's what buyers agents are for. It's how the system works. And yes they're all realtors so they're basically all in it. I trust you, but I'm bewildered that it works that way. Asking someone to show you the product they're selling shouldn't...
by ResearchMed
Sun Nov 10, 2019 6:57 pm
Forum: Personal Consumer Issues
Topic: Romantic northeast winter weekend getaway?
Replies: 19
Views: 2212

Re: Romantic northeast winter weekend getaway?

It's a bit upscale (= not inexpensive) but we had a delightful weekend at The Manor On Golden Pond (but note, it is not right *on* the "Pond") http://www.manorongoldenpond.com/ We got a room with a fireplace and a private jacuzzi/hot tub for two (indoors!). The food at their restaurant was amazing. ...
by ResearchMed
Sun Nov 10, 2019 2:17 pm
Forum: Personal Investments
Topic: Vanguard Website Down (Personal Investor Account Overview)
Replies: 5
Views: 449

Re: Vanguard Website Down (Personal Investor Account Overview)

No problems here, either.

Using Chrome browser.

RM
by ResearchMed
Sun Nov 10, 2019 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Costco Visa For Tavel Insurance
Replies: 6
Views: 790

Re: Costco Visa For Tavel Insurance

Hello All, Now that the kids are grown and we have our freedom back we are about to start traveling the world again . We have a Costco Visa that seems like the best option for A) trip cancellation insurance and B) worldwide auto collision insurance. I have done a cursory web search and not found ma...
by ResearchMed
Sun Nov 10, 2019 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 10454

Re: Seller's agent not letting us use a buyer's agent

The issue is the Seller's agent doesn't want to pay your agent a commission when they did all of the work. Why would they? Your agent should have been "dragged" along to all of the showings, that's what they are there for. Redfin agents muddy these waters are they aren't full commission agents and ...
by ResearchMed
Sat Nov 09, 2019 1:40 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4110
Views: 1172272

Re: What Book Are You Currently Reading? Part VI

I enjoyed the most recent novel by David Ignatius (yes, that David Ignatius, of the media) so much, that I went back and found he's written quite a few.

So I backed up and am almost through his "first", The Director [of the CIA].

He writes very well; it's a pleasure to read.

RM
by ResearchMed
Fri Nov 08, 2019 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 10454

Re: Seller's agent not letting us use a buyer's agent

If you had a Buyer's Agent, they should have been with you from the first visit. You were asked if you had an agent, and you said no. For what purpose would you use a Buyer's Agent at this point? Negotiating? Hire a real estate attorney, which you should do before you sign anything. We visited prob...
by ResearchMed
Fri Nov 08, 2019 10:38 pm
Forum: Investing - Theory, News & General
Topic: Funds Missing from Vanguard Funds List
Replies: 16
Views: 1995

Re: Funds Missing from Vanguard Funds List

. Two more that appear to be gone from list: Vanguard FTSE All-World ex-US Small-Cap Index Fund Admiral Shares (VFSAX) Vanguard FTSE All-World ex-US Index Fund Admiral Shares (VFWAX) These are shown (searchable by symbol or name) on the regular "institutional" list that is easily available to anyon...
by ResearchMed
Fri Nov 08, 2019 10:10 pm
Forum: Personal Consumer Issues
Topic: First time in Sydney, Australia
Replies: 12
Views: 699

Re: First time in Sydney, Australia

We'll be there after a cruise from Auckland to Sydney, in about a month. One thing that appealed to us, but we haven't done it yet: Spend the night IN the Taronga Zoo. There is a new Lodge there (opened last month), and there is a special sanctuary area surrounding it. There are also special excursi...
by ResearchMed
Fri Nov 08, 2019 9:57 pm
Forum: Personal Investments
Topic: Umbrella Policy - when does it NOT cover something?
Replies: 25
Views: 2840

Re: Umbrella Policy - when does it NOT cover something?

The properties did drive up the cost a little. But, last year I was paying $750 for $3M coverage and when my kid started driving it went to $1500. All other things were constant (rental property numbers) You should call and ask them to remove the rental properties from the policy, since you are pay...
by ResearchMed
Fri Nov 08, 2019 5:19 pm
Forum: Investing - Theory, News & General
Topic: Funds Missing from Vanguard Funds List
Replies: 16
Views: 1995

Re: Funds Missing from Vanguard Funds List

dru808 wrote:
Fri Nov 08, 2019 5:05 pm
They do the same with a bunch of their etfs, hide them from individual investors.
From the FIRST Vanguard webpage, select "institutional" investors, and then scroll down to (fine print) "all investments).

RM
by ResearchMed
Fri Nov 08, 2019 3:57 pm
Forum: Personal Investments
Topic: Umbrella Policy - when does it NOT cover something?
Replies: 25
Views: 2840

Re: Umbrella Policy - when does it NOT cover something?

The properties did drive up the cost a little. But, last year I was paying $750 for $3M coverage and when my kid started driving it went to $1500. All other things were constant (rental property numbers) You should call and ask them to remove the rental properties from the policy, since you are pay...
by ResearchMed
Fri Nov 08, 2019 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Need to separate biz transactions from personal -- do we need a biz checking account?
Replies: 18
Views: 853

Re: Need to separate biz transactions from personal -- do we need a biz checking account?

If you want or need to keep the business and self separate for potential liability (or other) claims, then... do NOT commingle finances. Have separate LLC banking/etc., accounts, titled for the LLC.
And a separate charge or debit card.
Keep it clean.

RM
by ResearchMed
Fri Nov 08, 2019 7:44 am
Forum: Personal Investments
Topic: Umbrella Policy - when does it NOT cover something?
Replies: 25
Views: 2840

Re: Umbrella Policy - when does it NOT cover something?

LLCs arent magic get out of jail free cards, if youre negligent the veil will be pierced. "Accidents" are not foreseeable negligence. Note: IANAL It's still not clear how OP's rental properties are titled. If there is ANYthing "official" linking OP as a person to the "business", then OP has already...
by ResearchMed
Thu Nov 07, 2019 7:00 pm
Forum: Personal Investments
Topic: Umbrella Policy - when does it NOT cover something?
Replies: 25
Views: 2840

Re: Umbrella Policy - when does it NOT cover something?

I own nine rental properties and have a $3M Personal Umbrella policy with Geico. ($1500/year...because I have a 17 year new driver) Back in the summer, I deeded all my rentals from my personal name to my LLC. I completely forgot about the Umbrella policy and called Geico yesterday to make sure they...
by ResearchMed
Thu Nov 07, 2019 6:56 pm
Forum: Personal Investments
Topic: Umbrella Policy - when does it NOT cover something?
Replies: 25
Views: 2840

Re: Umbrella Policy - when does it NOT cover something?

I own nine rental properties and have a $3M Personal Umbrella policy with Geico. ($1500/year...because I have a 17 year new driver) Back in the summer, I deeded all my rentals from my personal name to my LLC. I completely forgot about the Umbrella policy and called Geico yesterday to make sure they...
by ResearchMed
Thu Nov 07, 2019 8:22 am
Forum: Personal Consumer Issues
Topic: Home Automation Mavens - Need Some Help
Replies: 7
Views: 511

Re: Home Automation Mavens - Need Some Help

Ah, if this is your new hobby, then go for it! Why not design a robot, and then you can tell it to get the board tilt "just right" :D Meanwhile, here, we've started looking at smaller places. We actually went out and *looked* at a place this past Sunday. We do want something much smaller: that 2BR/2...
by ResearchMed
Thu Nov 07, 2019 7:18 am
Forum: Personal Consumer Issues
Topic: Home Automation Mavens - Need Some Help
Replies: 7
Views: 511

Re: Home Automation Mavens - Need Some Help

Whew...!

I'm glad we've got our dinosaur-aged manual thermostats here. :wink:

(Actually, for one of the three heating zones, and for the one AC system, the thermostats are programmable, but we use them only as "manual" anyway.)

On a more serious note, I hope you love your new home!

RM
by ResearchMed
Wed Nov 06, 2019 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Adult son off the rails [how to plan for his inheritance]
Replies: 12
Views: 2403

Re: Adult son off the rails

We are both in good health as far as we know and desperately hoping that son will change his lifestyle. But if something happened and he got the money tomorrow, we don't think it would be good for him or fair to his brothers. It all starts to get confusing when mixing money and morals and worry. Wh...
by ResearchMed
Wed Nov 06, 2019 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Adult son off the rails [how to plan for his inheritance]
Replies: 12
Views: 2403

Re: Adult son off the rails

You can put it in a trust with stipulations about when and how much will be distributed to him. And if there are grandchildren (abandoned by him) and they could use some extra support, then IF you wish (you have no obligation to do this) you might consider whether you want to use some of "his" mone...
by ResearchMed
Wed Nov 06, 2019 5:42 pm
Forum: Personal Investments
Topic: Assuming Control of Mom's Morgan Stanley Acct.
Replies: 18
Views: 1221

Re: Assuming Control of Mom's Morgan Stanley Acct.

My Mother is just starting to have cognitive decline and I'm stepping in to help manage her finances. She's had a brokerage account at Morgan Stanley for years (one taxable account, one tIRA). They are charging her 1.5% AUM. Obviously, I am chomping at the bit to get that money out of there. My con...
by ResearchMed
Wed Nov 06, 2019 2:52 pm
Forum: Personal Investments
Topic: Is the effective interest rate of a loan higher when it’s early in amortization period?
Replies: 42
Views: 1603

Re: Is the effective interest rate of a loan higher when it’s early in amortization period?

one loan is term and one loan is amortizing What does this even mean? Please define what you mean by a "term" loan and an "amortizing" loan. Term loans do not amortize. How is this "term loan" repaid, if paying the 'minimum due". to make an appropriate comparison with the amortizing loan? RM
by ResearchMed
Tue Nov 05, 2019 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Disability vs Term Life?
Replies: 19
Views: 978

Re: Disability vs Term Life?

I'm pretty much insuranced-out now as I've updated home/auto/umbrella/working on a term life policy this year. One thing my agent brought up was getting disability insurance (with own occupation). I understand the need and that it's more likely than death, which explains the cost, but I almost feel...
by ResearchMed
Tue Nov 05, 2019 2:52 pm
Forum: Personal Consumer Issues
Topic: Transporting elderly parent state-to-state
Replies: 47
Views: 3098

Re: Transporting elderly parent state-to-state

The RN placed a bladder catheter just before leaving for the airport. TMI Not really... I wish we had thought of doing this quite some time ago when flying a disabled relative a few hours for a new medical evaluation/treatment near us. I think that would have been preferred rather than needing to *...
by ResearchMed
Sun Nov 03, 2019 8:46 am
Forum: Personal Consumer Issues
Topic: Minimizing recurring expenses while travelling
Replies: 12
Views: 1221

Re: Minimizing recurring expenses while travelling

The use of the second bedroom for storage sounds like a possibility in my situation. Presumably, rentals of a unit would not typically handled by an apartment complex, so this is sounding more like a vacation condo community? a complex in an area where rentals are common. Thoughts? Right. In your c...
by ResearchMed
Sat Nov 02, 2019 9:34 pm
Forum: Personal Consumer Issues
Topic: Cruises, where to book?
Replies: 17
Views: 1673

Re: Cruises, where to book?

However you book, keep watching the fares for your cabin/suit category. In most cases, if it is before final payment/penalty phase, you can cancel and re-book if the price goes down. However, make *sure* that the deposit is refundable, and if you use an agency that they don't have any fees to cancel...
by ResearchMed
Sat Nov 02, 2019 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Marijuana & Term Life?
Replies: 15
Views: 1833

Re: Medical Marijuana & Term Life?

So in states where it is legal you should divulge it! But not in those it is illegal? Is legality the consideration? Should you divulge if you eat Big Macs everyday? Bacon and eggs? Should you tell them you camp a lot, make campfires and breathe the smoke? Tell them you use heroin, fentanyl, opioid...
by ResearchMed
Sat Nov 02, 2019 4:35 pm
Forum: Investing - Theory, News & General
Topic: Fidelity to launch draw-down retirement program for 401(k)'s
Replies: 15
Views: 2492

Re: Fidelity to launch draw-down retirement program for 401(k)'s

Some big problems with leaving your money in a 401k after you retire. 1) Your employer may change 401k companies and your money would need to be invested with whatever company they choose. I do not want to be dealing with that when I am 85 years old. 2) The company could go out of business and the ...
by ResearchMed
Sat Nov 02, 2019 2:44 pm
Forum: Personal Investments
Topic: Employee stock purchase plan - a no-brainer?
Replies: 11
Views: 1086

Re: Employee stock purchase plan - a no-brainer?

Same thing here, during the years when I worked for MegaCorp instead of Academia. I took the max allowed, and sold it right away, and had the money instead of company stock. For those 5 years, the stock kept going up and up, and I kept wondering if I was doing the right thing. Alas, about 10-15 year...
by ResearchMed
Sat Nov 02, 2019 2:37 pm
Forum: Personal Consumer Issues
Topic: Minimizing recurring expenses while travelling
Replies: 12
Views: 1221

Re: Minimizing recurring expenses while travelling

I was going to suggest two possibilities that were already mentioned: Buy a low-cost condo and just "leave it" (keys to management in case of maintenance/emergency) or a 2 BR, and leave personal stuff locked in the second BR. Or buy a 2BR: When I did a one-year post-doc overseas, I left the two main...
by ResearchMed
Sat Nov 02, 2019 1:30 pm
Forum: Personal Consumer Issues
Topic: Consider the next phase of our travel?
Replies: 37
Views: 2828

Re: Consider the next phase of our travel?

My wife and I are 55/54 and are considered to be well travelled in some sense. I have been to 51 different countries/areas. We are financially independent and semi-retired. So we have some money (budget $20k ~ $30k each year for travel) and time to travel. Most of our previous travels have been to ...
by ResearchMed
Sat Nov 02, 2019 7:39 am
Forum: Investing - Theory, News & General
Topic: Fidelity to launch draw-down retirement program for 401(k)'s
Replies: 15
Views: 2492

Re: Fidelity to launch draw-down retirement program for 401(k)'s

It will be interesting to see the program. A 401k plan would have to allow partial distributions for a retiree to use the Fidelity program. I am curious what % of Fidelity 401k plans allow partial distributions for RMDs or other reasons. Most plans spouse/I have participated in (some Fidelity) did ...
by ResearchMed
Sat Nov 02, 2019 6:11 am
Forum: Personal Finance (Not Investing)
Topic: Hudson Insurance Group for Umbrella Insurance
Replies: 5
Views: 484

Re: Hudson Insurance Group for Umbrella Insurance

I could be missing something, but what is the argument against using the same carrier for home, auto, and umbrella? In case of a claim, I really don't want my auto carrier arguing with my umbrella carrier. Instead, I want both arguing on my behalf / paying damages I caused. I was going to make the ...
by ResearchMed
Sat Nov 02, 2019 6:02 am
Forum: Personal Consumer Issues
Topic: How can I tell when red wine has gone bad?
Replies: 9
Views: 1457

Re: How can I tell when red wine has gone bad?

It may smell a bit like vinegar. But mainly you tell by taste. Many older bottles will taste slightly off, but can be rescued by decanting or just leaving the bottle open for a few hours (volatiles off gas and oxygenation). Or put the cork back in and drink 1 or 2 days later. A slight brown-ish col...
by ResearchMed
Sat Nov 02, 2019 5:47 am
Forum: Investing - Theory, News & General
Topic: Fidelity to launch draw-down retirement program for 401(k)'s
Replies: 15
Views: 2492

Re: Fidelity to launch draw-down retirement program for 401(k)'s

Fidelity will begin offering a digital program and cash-flow management system in early 2020 to help retirees who keep their assets in a workplace retirement plan (and don't roll the money to another account) manage asset withdrawal. It will be interesting to see the program. A 401k plan would have...
by ResearchMed
Fri Nov 01, 2019 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Interest from loans
Replies: 19
Views: 1126

Re: Interest from loans

Hello I have recently given some large loans to a few friends (a substantial amount, lent over $50,000 to 3 different friends for business purposes). My friends are paying me back with a generous amount of interest over the next 4 years (double my money--lending 150,000 getting 300,000). They have ...
by ResearchMed
Fri Nov 01, 2019 12:12 pm
Forum: Investing - Theory, News & General
Topic: Fidelity to launch draw-down retirement program for 401(k)'s
Replies: 15
Views: 2492

Re: Fidelity to launch draw-down retirement program for 401(k)'s

Have you found anything from Fidelity or on their website about this?

Thanks.

RM
by ResearchMed
Fri Nov 01, 2019 9:39 am
Forum: Personal Consumer Issues
Topic: Halloween Candy - Favorites; Throw it in the Bag
Replies: 61
Views: 3237

Re: Halloween Candy - Favorites; Throw it in the Bag

We were home early (~6:30pm) because it was <20 degrees outside and my kids started trick or treating at 2:30pm at my office, which is basically the hub of Halloween for the entire city. We had a grand total of 1 trick or treater come to our door and we promptly gave them something from my kids' bu...
by ResearchMed
Fri Nov 01, 2019 9:02 am
Forum: Personal Consumer Issues
Topic: Slippery Soles
Replies: 2
Views: 327

Re: Slippery Soles

I recently purchased a pair of shoes online that fit great and are very comfortable, which is rare for me. I want to keep them and possibly even buy another pair, but I am concerned that the soles could be slippery on certain surfaces. Any easy fixes to rough them up? sand them? very fine grit spra...
by ResearchMed
Thu Oct 31, 2019 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: paying foreign medical bill - after the fact:( back from vacation
Replies: 30
Views: 2994

Re: paying foreign medical bill - after the fact:( back from vacation

Thanks everyone, pardon I didn't get a chance to properly respond to the many good points and requests for clarification. I guess I just hate hate insurance reimbursement forms, dealing with two companies, and before any vague chance of reimbursement, coughing up my own 6k. (I'm not in ye olde "two...
by ResearchMed
Thu Oct 31, 2019 6:50 pm
Forum: Personal Investments
Topic: Special pension opportunity. Does it make sense?
Replies: 6
Views: 481

Re: Special pension opportunity. Does it make sense?

I recently received a letter from my old employer retirement plan stating that I have a time limited opportunity to receive a single lump sum payment of $44,000 and roll it into my current employer retirement plan v.s. leaving everything as is and start receiving a monthly lifelong pension benefit ...
by ResearchMed
Thu Oct 31, 2019 5:26 pm
Forum: Personal Consumer Issues
Topic: Halloween Candy - Favorites; Throw it in the Bag
Replies: 61
Views: 3237

Re: Halloween Candy - Favorites; Throw it in the Bag

Ferrero Rocher Hazlenut chocolates. We strive to exceed expectations. And what neighborhood are YOU in?? :o ["Open mouth"!] Re: the homemade <anything>... too many wacko folks out there that handed out tampered goodies. It only takes a very few (and then there are copy cats!). So "factory sealed" h...
by ResearchMed
Thu Oct 31, 2019 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: paying foreign medical bill - after the fact:( back from vacation
Replies: 30
Views: 2994

Re: paying foreign medical bill - after the fact:( back from vacation

OP - a lot of people have responded. Is there a reason that you are not *using* the insurance policies you have? You paid for the policies, so just use them. Then, *if* there isn't payment, you'll have a problem. But if you have proper travel insurance, that should be precisely what is useful now. RM
by ResearchMed
Thu Oct 31, 2019 7:38 am
Forum: Personal Finance (Not Investing)
Topic: paying foreign medical bill - after the fact:( back from vacation
Replies: 30
Views: 2994

Re: paying foreign medical bill - after the fact:( back from vacation

I agree that you need to pay this bill. A couple of questions: What reason did your primary carrier give for only covering $300? Is it because you haven't met your deductible or do they have limits/restrictions on coverage outside the US? If it is deductible, you would be expected to pay it in the ...