Search found 6976 matches

by ResearchMed
Thu Sep 20, 2018 1:51 pm
Forum: Personal Consumer Issues
Topic: Don't trust Tripadvisor reviews
Replies: 33
Views: 2225

We regularly use and post on TripAdvisor; "here's how" --- Re: Don't trust Tripadvisor reviews

Off the top of my head, I have between 80 to 100 reviews there and I haven't had that problem. I have at least a few 1 and 2 star reviews. I do know that they remove things that they think others would find offensive, so they may have decided that no one wants to see blood stains. I have posted pic...
by ResearchMed
Thu Sep 20, 2018 6:45 am
Forum: Personal Finance (Not Investing)
Topic: Home away from home
Replies: 10
Views: 791

Re: Home away from home

Yes, have him find a place where he can leave a couple of suitcases, and have that include clothing and perhaps some toiletries, etc. The nicer places (I doubt the company would spring for this level/$$) would have his clothing all pressed and hanging in the closet when he arrived, and pack up for ...
by ResearchMed
Wed Sep 19, 2018 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Home away from home
Replies: 10
Views: 791

Re: Home away from home

I'm thinking maybe get an apartment if the company would fork out for that? 1/4 of his life is a lot of time to spend in a hotel. Or he might make an arrangement with the extended stay hotel to leave some clothes, etc., there, have them cleaned, to minimize what he has to carry back and forth. (Alr...
by ResearchMed
Wed Sep 19, 2018 9:17 pm
Forum: Personal Consumer Issues
Topic: Battery backup sump pump recommended?
Replies: 10
Views: 521

Re: Battery backup sump pump recommended?

Hi, If I have a backup generator, does it make sense to install a battery backup sump pump in case the main sump pump fails? Thanks! I would have redundant pumps... The Pump will cost you around $4-500 installed generally... you have back up power so you don't really need a battery.. but you can al...
by ResearchMed
Wed Sep 19, 2018 8:24 pm
Forum: Personal Consumer Issues
Topic: Battery backup sump pump recommended?
Replies: 10
Views: 521

Re: Battery backup sump pump recommended?

Hi, If I have a backup generator, does it make sense to install a battery backup sump pump in case the main sump pump fails? Thanks! I would have redundant pumps... The Pump will cost you around $4-500 installed generally... you have back up power so you don't really need a battery.. but you can al...
by ResearchMed
Wed Sep 19, 2018 7:11 pm
Forum: Personal Consumer Issues
Topic: Battery backup sump pump recommended?
Replies: 10
Views: 521

Re: Battery backup sump pump recommended?

Hi, If I have a backup generator, does it make sense to install a battery backup sump pump in case the main sump pump fails? Thanks! You may want to have a backup sump pump in case the main one fails (or the flow is too fast). But if you have a backup generator, why would you need battery power? RM...
by ResearchMed
Wed Sep 19, 2018 6:34 pm
Forum: Personal Consumer Issues
Topic: Battery backup sump pump recommended?
Replies: 10
Views: 521

Re: Battery backup sump pump recommended?

Hi, If I have a backup generator, does it make sense to install a battery backup sump pump in case the main sump pump fails? Thanks! You may want to have a backup sump pump in case the main one fails (or the flow is too fast). But if you have a backup generator, why would you need battery power? RM
by ResearchMed
Tue Sep 18, 2018 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: "Taking" RMDs
Replies: 18
Views: 1567

Re: "Taking" RMDs

I have never seen, nor heard of an in-kind distribution from an IRA. I don’t really know why anybody would want to do that. “And no, you can’t transfer assets out of an IRA and not pay tax. That’s the whole point of RMD—to force you to pay tax. Why? As I posted above, " At least at some financial f...
by ResearchMed
Tue Sep 18, 2018 5:43 pm
Forum: Personal Consumer Issues
Topic: Fixing diamond ring
Replies: 19
Views: 1277

Re: Fixing diamond ring

Folks, my wife noticed that 1ct diamond in her $5K engagement solitaire ring became loose a bit and slightly moving inside the prongs. I want to take it to a jeweler to tighten and clean but I don't think there are any that do it while I wait. When I took jewelry before for repair at local major ma...
by ResearchMed
Tue Sep 18, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Can I reverse a TIRA/Roth IRA distribution and not pay taxes?
Replies: 4
Views: 336

Re: Can I reverse a TIRA/Roth IRA distribution and not pay taxes?

Just wanted to check with the experts here. Is it correct that I can take a distribution from either my TIRA or Roth IRA and have 60 days to return the amount withdrawn back to my TIRA or Roth and not pay tax on the reversed withdrawal? What are the rules regarding this? I need to basically "lend" ...
by ResearchMed
Tue Sep 18, 2018 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4341

Re: Dilemma: Add room to current house or buy new house?

This is a dilemma when you have too much money and a wife. It is as if you are in some sort of reality show and you need a problem to chew on. A 100-150k 320 square foot room verses buying a new house because 2000 sq feet on the first floor is cramped. You need to read that sentence a few times. Li...
by ResearchMed
Tue Sep 18, 2018 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: "Taking" RMDs
Replies: 18
Views: 1567

Re: "Taking" RMDs

What would happen with RMDs if your account was filled only with assets that are lumpy (e.g., a dozen shares of AMZN at $1941 per share), or illiquid (e.g., shares of a non-publicly-traded stock, like a family farm)? You would have to either liquidate part of the holding, or transfer the ownership ...
by ResearchMed
Tue Sep 18, 2018 4:40 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 195
Views: 11392

Re: What is your single most expensive mistake?

Just a couple days ago I lost my car key, without having a spare one. What's worse, I know the key was picked up by some one living by, which means I couldn't leave car lock unchanged. This single one mistake cost me: 1. $300 - called Locksmith to open the door and make a programmed key, and 2. $50...
by ResearchMed
Tue Sep 18, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Concrete company refusing to lower bill
Replies: 21
Views: 1548

Re: Concrete company refusing to lower bill

I thought I was in the right on this and thanks for everyone's input. I just hate to get an attorney when it doesn't have to be this way. I told the sales manager that if I have to seek legal counsel, not only will it be in lawyers hands, but the company will lose another 200 yards that I was plann...
by ResearchMed
Tue Sep 18, 2018 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Concrete company refusing to lower bill
Replies: 21
Views: 1548

Re: Concrete company refusing to lower bill

I wouldn't pay. I would send them a certified letter in writing too. This. And you worked with them 2 times previously (or 3)? And ALL of those had the same 1/2 inch/etc., specified and delivered? If so, then write that, too. That makes it much less likely that you suddenly changed the specificatio...
by ResearchMed
Tue Sep 18, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: "Taking" RMDs
Replies: 18
Views: 1567

Re: "Taking" RMDs

Of course, whether you actually sell an asset or simply transfer it out of the IRA is a separate issue from taking the distribution. There is no transfer. With the RMD, you sell shares in the IRA/401k and either send the cash to a checking account or buy shares in a taxable account with the cash. A...
by ResearchMed
Tue Sep 18, 2018 8:11 am
Forum: Personal Finance (Not Investing)
Topic: How should I insure a condo purchased for my dad?
Replies: 4
Views: 277

Re: How should I insure a condo purchased for my dad?

Following the feedback I received from this board, I have decided to purchase my dad's new condo in a 55+ community in my name. He has some cash flow issues, so the original plan was for me to put up 50% of the purchase price, and he would will it to me upon his death (as opposed to splitting the a...
by ResearchMed
Tue Sep 18, 2018 6:47 am
Forum: Personal Finance (Not Investing)
Topic: BofA - Am I Shadow-Loaning to Them?
Replies: 9
Views: 823

Re: BofA - Am I Shadow-Loaning to Them?

I get same day credit whether I use BoA billpay OR transfer to pay my BoA credit card bills. There is even very explicit language on website that same-day credit will be given (e.g. for purposes of computing interest charges or late fees) as long as bill pay or transfer request is made by 11:59 pm....
by ResearchMed
Tue Sep 18, 2018 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Insurance asking to repay for services not provided
Replies: 20
Views: 2187

Re: Insurance asking to repay for services not provided

I am not a lawyer nor a dentist, but I would not pay the insurance company. I would write a detailed letter to the insurance company, ccing it to the dentist and the state dental board (the latter will likely not do any good, since I can tell you from experience that state medical boards do not get...
by ResearchMed
Mon Sep 17, 2018 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: rmd for IRAs at multiple institutions
Replies: 18
Views: 1167

Re: rmd for IRAs at multiple institutions

RM.....I'm basically agreeing w/ you in the usual case. I'm sure IRS has bigger fish to fry than if you're off 1,2,3 bucks. I just wanted to mention as I did in previous post that the reason IRS might word it the way it does......... add the individual RMDS.......not add the account values and divi...
by ResearchMed
Mon Sep 17, 2018 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: rmd for IRAs at multiple institutions
Replies: 18
Views: 1167

Re: rmd for IRAs at multiple institutions

Thanks for the feedback. I previously rolled my 401(k) into an IRA so the accounts would be the same. None are inherited... so I am calculated my RMD based on the total of my IRAs from both institutions. I just needed to confirm the "both institutions" part was correct. My wife is younger, 70 is a ...
by ResearchMed
Mon Sep 17, 2018 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4341

Re: Dilemma: Add room to current house or buy new house?

I would reconfigure the 1st floor (get rid of formal dining, create an open great room) and finish the basement. Those kids are going to get older and need more space. Put in a pool table, or a home theater, or whatever your wife wants for an alternate entertainment space. I like this advice. Finis...
by ResearchMed
Mon Sep 17, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: rmd for IRAs at multiple institutions
Replies: 18
Views: 1167

Re: rmd for IRAs at multiple institutions

Thanks for the feedback. I previously rolled my 401(k) into an IRA so the accounts would be the same. None are inherited... so I am calculated my RMD based on the total of my IRAs from both institutions. I just needed to confirm the "both institutions" part was correct. My wife is younger, 70 is a ...
by ResearchMed
Mon Sep 17, 2018 2:09 pm
Forum: Personal Consumer Issues
Topic: That Extravagant Thing You Do
Replies: 304
Views: 52339

Re: What is your luxury good?

At this point in my life, I think my luxury good is actually being able to provide nice things to those I love my wife as they actually enjoy them. Not to be superficial, but it may not be terrible to have a few nice things that your close family associates with you. Wait, hear me out! My low-maint...
by ResearchMed
Sun Sep 16, 2018 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance asking to repay for services not provided
Replies: 20
Views: 2187

Re: Insurance asking to repay for services not provided

With regards to the crook dentist. I was in the assumption that given the dentist is in the insurance company's network they would have made sure it is not a crook. Am I wrong about this and they actually just take everybody in their network? How would they "verify" this? The form I filled out for ...
by ResearchMed
Sun Sep 16, 2018 7:14 pm
Forum: Personal Consumer Issues
Topic: Virtual credit card for travel reservations: advice needed
Replies: 7
Views: 302

Re: Virtual credit card for travel reservations: advice needed

Can't speak to the "virtual" card number, but I have frequently reserved hotel rooms with one credit card and presented/paid with a different one in person. It's never been a problem. I don't recall them ever asking to see the specific card I used for the reservation, only for a card, they usually ...
by ResearchMed
Sun Sep 16, 2018 4:48 pm
Forum: Personal Consumer Issues
Topic: Embarking on a large-scale home update
Replies: 26
Views: 1268

Re: Embarking on a large-scale home update

I can only comment with experience on 2 things: 1. Keep a bathtub. It seems like you’re mainly concerned about older guests, but most little kids only want to take baths. Your kids are out of the house already and you plan to live there for a long time, so perhaps grandkids will be in the picture w...
by ResearchMed
Sun Sep 16, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: 38% pay cut for dream job?
Replies: 61
Views: 5021

Re: 38% pay cut for dream job?

Good Listener wrote:
Sun Sep 16, 2018 2:39 pm
Is there a reason your wife doesn't work and is she unable to ever contribute financially? If she can home school future planned children, she must have some skills right?
OP has stated that the arrangement is "best for us".

Try to be a... Good Listener.

RM
by ResearchMed
Sun Sep 16, 2018 2:42 pm
Forum: Personal Consumer Issues
Topic: Embarking on a large-scale home update
Replies: 26
Views: 1268

Re: Embarking on a large-scale home update

Although I have never done a remodeling, I expect it to be stressful. So if money is not an issue, I would say do everything at one go. That seems to be the consensus choice. Yes, but: Rule of thumb: Figure out the cost, and then figure out the time if everything that might go wrong does... ... and...
by ResearchMed
Sun Sep 16, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: Embarking on a large-scale home update
Replies: 26
Views: 1268

Re: Embarking on a large-scale home update

Just a few thoughts. You seem to be able to live quite normally ("given the circumstances" :twisted: ) during renovation on a separate level, so yes, take advantage of the many economies of scale (including buying things like 3 Toto's and all else, at a time, etc.) and getting it "done" and over wit...
by ResearchMed
Sun Sep 16, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: How much to request on increase credit line & Large loan approval
Replies: 7
Views: 348

Re: How much to request on increase credit line & Large loan approval

As the other poster said it may be easier to get an additional credit card than to increase the limit on that card. At some point the bank will be concerned about why you would need such a high limit. Current toy car can sell for $60-$65K. If I want to finance the purchase, should I put the entire ...
by ResearchMed
Sun Sep 16, 2018 8:13 am
Forum: Investing - Help with Personal Investments
Topic: TIAA near-retiree begins to consider retirement now
Replies: 22
Views: 1233

Re: TIAA near-retiree begins to consider retirement now

Welcome, and yes, do also check the Morningstar Discussion Forums, TIAA and a few others perhaps. As for TIAA, do you already have any money in their Traditional Annuity? If so, which type is it? (RA?) If you've had money there for some time, think very carefully about removing that, because "older ...
by ResearchMed
Sun Sep 16, 2018 12:06 am
Forum: Personal Finance (Not Investing)
Topic: 38% pay cut for dream job?
Replies: 61
Views: 5021

Re: 38% pay cut for dream job?

Taking a "dream job" for a pay cut... Just Do It! :happy Most people never even have this possibility. And your children will be remarkably well-rounded and ready to deal with others in so many different ways. Enjoy! (I wish I had taken a route like that, although at least I did live overseas for a ...
by ResearchMed
Sat Sep 15, 2018 3:55 pm
Forum: Personal Consumer Issues
Topic: Rain Jacket recommendations and care
Replies: 32
Views: 2316

Re: Rain Jacket recommendations and care

The DWR (durable water repellent) layer can be revived by putting the jacket in a dryer. Try this after washing your jacket with nikwax tech wash. This is better than washing with harsher detergents which could accelerate loss of DWR. If water does not bead off your jacket after a run in the dryer,...
by ResearchMed
Fri Sep 14, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Lab test prices - exasperating!
Replies: 101
Views: 5715

Re: Lab test prices - exasperating!

My Dr ordered a medically necessary test, to be conducted at his facility. When I received the EOB, the charge was denied because pre-authorization had not been obtained. So when my Dr orders a test, I'm supposed to call the insurance company to check before I have the test? Double check in case yo...
by ResearchMed
Fri Sep 14, 2018 10:15 am
Forum: Personal Consumer Issues
Topic: Buying a house 1 mile away from a municipal landfill
Replies: 43
Views: 3330

Re: Buying a house 1 mile away from a municipal landfill

Can someone enlighten me because the last time I bought a house was in 1980. I don't remember home inspections being required then, so maybe this is a stupid question. But aren't inspections about the house? What inspection clause allows someone to back out of the deal because there's a landfill a ...
by ResearchMed
Thu Sep 13, 2018 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Lab test prices - exasperating!
Replies: 101
Views: 5715

Re: Lab test prices - exasperating!

Presumably, yes. If you think insurance companies act in a logical way, you either haven't dealt with them much, or haven't scrutinized the charges much. And before you ask, yes, I did try to fight it, in writing, but Quest refused to budge, and the insurance company told me since it wasn't medical...
by ResearchMed
Thu Sep 13, 2018 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Lab test prices - exasperating!
Replies: 101
Views: 5715

Re: Lab test prices - exasperating!

My direct experience is precisely what I described. My insurance company said the test was not medically necessary in my case. Since it was not medically necessary, there was no negotiated rate between Quest & the insurer. It's possible some states have laws that dictate fairer practices. What if a...
by ResearchMed
Thu Sep 13, 2018 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Lab test prices - exasperating!
Replies: 101
Views: 5715

Re: Lab test prices - exasperating!

Is that really the case ? My impression was that if you go to an in network lab, even if your insurance company doesn't consider the test medically necessary, you are only billd the insurance rate, not the 'rack' rate. No direct experience - but that is my understanding as well. My direct experienc...
by ResearchMed
Thu Sep 13, 2018 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Lab test prices - exasperating!
Replies: 101
Views: 5715

Re: Lab test prices - exasperating!

Quest bills something around $200 for people without insurance, and if your insurance company doesn't consider a test medically necessary, you are effectively without insurance for that test. Is that really the case ? My impression was that if you go to an in network lab, even if your insurance com...
by ResearchMed
Thu Sep 13, 2018 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: New construction: financing fell through, builder won't return deposit/earnest $
Replies: 43
Views: 4853

Re: New construction: financing fell through, builder won't return deposit/earnest $

So, the gamble worked! The builder responded with "while we don't agree with all the circumstances we think it's best if all moved past this. The check is in the mail." The letter from our lawyer threatened a suit if they didn't pay us back. (We had not actually retained the lawyer for anything bey...
by ResearchMed
Thu Sep 13, 2018 4:00 pm
Forum: Personal Consumer Issues
Topic: Is home alarm monitoring worth it?
Replies: 56
Views: 3720

Re: Is home alarm monitoring worth it?

I got a SimpliSafe burglar alarm that I installed myself. I can get monitoring for $15/month, but is the monitoring worth while? If someone kicks down my door and sets off the alarm, it will be at least 10 minutes before the police get here. The burglar knows that. The burglar will either run away ...
by ResearchMed
Thu Sep 13, 2018 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Withholding from RMD'S
Replies: 10
Views: 851

Re: Withholding from RMD'S

Looks like TIAA's policy is similar: https://www.tiaa.org/public/pdf/forms/RMD.pdf TIAA (and Schwab) will withhold state taxes in our state, whereas Vanguard will not. So we pool the IRA's, and then have the total removed from TIAA or Schwab, so we can have both state and federal taxes withheld. RM
by ResearchMed
Thu Sep 13, 2018 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need insurance for a brief occupancy after selling my home
Replies: 3
Views: 243

Re: Do I need insurance for a brief occupancy after selling my home

My wife and I have sold our home of 28 years. We will close on September 21 but we have occupancy through 10/05. Our homeowners insurance will end on the closing date and I have been wondering if I need some form of insurance (perhaps renters) for the brief period after our close and before our mov...
by ResearchMed
Wed Sep 12, 2018 8:22 pm
Forum: Personal Consumer Issues
Topic: Buying a house 1 mile away from a municipal landfill
Replies: 43
Views: 3330

Re: Buying a house 1 mile away from a municipal landfill

Keep in mind that you, a possible buyer, are concerned.

Will there be similar worries when you go to sell in the future?

RM
by ResearchMed
Wed Sep 12, 2018 5:01 pm
Forum: Personal Consumer Issues
Topic: 401k "advice" to my associates
Replies: 51
Views: 2045

Re: 401k "advice" to my associates

I've beat these ideas around with my executive team for years. Bottom line, you can lead a horse to water.....yada yada I love the idea of us (employer) just putting money into their 401k plans - we've actually tried that a couple of times - but then you have a few that haven't gone through the pap...
by ResearchMed
Wed Sep 12, 2018 3:47 pm
Forum: Personal Consumer Issues
Topic: 401k "advice" to my associates
Replies: 51
Views: 2045

Re: 401k "advice" to my associates

Are you sure you have the full story? They could have student loan or credit card debt to pay down. No, I'm positive I don't have the full story! Then I would not approach this so aggressively. Tell them to contribute up to the match % or they are giving up free money, and leave it at that. Or just...
by ResearchMed
Wed Sep 12, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard ETF to Fidelity ETF
Replies: 9
Views: 759

Re: Vanguard ETF to Fidelity ETF

I sold the retirement Vanguard funds and put those in a money market account to make the transfer easier; I'm referring to non-retirement Vanguard ETFs that were transferred intact to Fidelity. I know I can keep the Vanguard ETFs at Fidelity; I was simply wondering for bookkeeping simplicity if it ...
by ResearchMed
Mon Sep 10, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Switching investment fund
Replies: 9
Views: 612

Re: Switching investment fund

It would help if you name the fund, so each person doesn't have to look them up. Also, are these in retirement accounts or taxable accounts? Those are the symbols of the accounts. They are taxable accounts. Yes, we know they are the symbols. BL was asking (for all of us) if you would kindly give th...
by ResearchMed
Mon Sep 10, 2018 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Vanguard "in-kind" transfer
Replies: 5
Views: 510

Re: Question about Vanguard "in-kind" transfer

Thanks for your response. I should call Vanguard after the transfer but before making the trade to be sure I understand their fee schedule. Like others, I am converting from EJ. I have 19 mutual funds and 2 ETF in 2 retirement accounts... So I'm trying to avoid a $1k loss if possible. I'd prefer no...