Search found 267 matches

by chambers136
Wed Nov 11, 2020 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Tenants in Entirety
Replies: 19
Views: 1099

Re: Joint Tenants in Entirety

I live in PA which has Joint Tenants in the Entirety as a holding for real property...... Downside is if one account holder dies you don't get the transfer to the other owner upon death and have to have your will probated. Do you have a reference for this statement? I have never heard this. Here's ...
by chambers136
Wed Jul 08, 2020 10:30 am
Forum: Personal Consumer Issues
Topic: Toyota OEM parts
Replies: 32
Views: 1853

Re: Toyota OEM parts

I’ve found good deals at the official Toyota parts website. You can search on the part, and list the dealers selling it by distance from you. I just keep opening each dealer listing and compare prices. You’ll find prices have significant variation, some have free shipping, etc https://parts.toyota.c...
by chambers136
Sun Jun 28, 2020 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Erie insurance - experience?
Replies: 16
Views: 1283

Re: Erie insurance - experience?

I’ve had them for over 20 years with auto, then added homeowners and umbrella. I’ve had one homeowners claim(hail damage) and I think two auto claims. They’ve been great- easy to deal with, no extreme rate changes, even after a claim.
by chambers136
Sat Jun 27, 2020 5:52 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth: Vanguard Leaning More On ETFs
Replies: 46
Views: 4942

Re: Allan Roth: Vanguard Leaning More On ETFs

Thanks for sharing. I have wondered what will happen to traditional mutual funds someday. Will we all be ETFs? "Someday," who knows? "Soon," I doubt. Ric Edelman has been saying that mutual funds will be gone in ten years. He always says "in ten years." He's been sayin...
by chambers136
Thu Jun 25, 2020 9:19 am
Forum: Personal Investments
Topic: Do you want to own the whole haystack [VTI] when someone has a blowtorch?
Replies: 136
Views: 11654

Re: Do you want to own the whole haystack [VTI] when someone has a blowtorch?

Update: zoom, 3M, Amazon, Costco, Tesla, Apple, QQQ has really smoked the vti... so glad I doubled down on individual equities Last few months. Vti is seriously not able to make money last couple years, sad looking at its Morningstar lately... starting to make VXUS look decent... Pretty sweet how y...
by chambers136
Tue Jun 23, 2020 8:15 pm
Forum: Personal Consumer Issues
Topic: Made a horrible decision with regards to car. need guidance
Replies: 60
Views: 6314

Re: Made a horrible decision with regards to car. need guidance

Do you really need snow tires for it? I live in the northeast, and I could drive any car without snow tires. When we do get snow, it’s off the road within hours. It's possible that you have never driven a 400-500 HP rear wheel drive sports car with extremely wide tires that have short sidewalls and...
by chambers136
Tue Jun 23, 2020 7:50 pm
Forum: Personal Consumer Issues
Topic: Made a horrible decision with regards to car. need guidance
Replies: 60
Views: 6314

Re: Made a horrible decision with regards to car. need guidance

Do you really need snow tires for it? I live in the northeast, and I could drive any car without snow tires. When we do get snow, it’s off the road within hours.
by chambers136
Mon Jun 22, 2020 6:38 pm
Forum: Personal Investments
Topic: Larry beats the S&P 500.
Replies: 126
Views: 11440

Re: Larry beats the S&P 500.

Why settle for the returns of TRBCX? I cherry-picked FOCPX and it beats TRBCX pretty soundly. Now if only someone had told me that was going to happen in 1993.
by chambers136
Wed Jun 03, 2020 5:41 am
Forum: Personal Investments
Topic: Shack or McMansion?
Replies: 28
Views: 4122

Re: Shack or McMansion?

Blueskies60 wrote: Wed Jun 03, 2020 12:26 am 1.2K in cash/stocks/bonds, condo is worth 150K, (I own it outright). I plan to sell the condo to use toward the new home. Would like to buy the new home outright as well. I have no debt.
Assuming this should be 1.2M?
by chambers136
Wed May 27, 2020 7:32 pm
Forum: Personal Investments
Topic: Transferring managed brokerage to Schwab, please help and review my plan!
Replies: 41
Views: 2550

Re: Transferring large managed brokerage to Schwab, please help and review my plan!

You can check to see if the funds are able to be transferred by going to schwab and looking at their funds list, or putting in the ticker as if you were going to buy it. Thanks - this helps me understand why the first one I typed in was not showing up...will do more research to see what is even pos...
by chambers136
Fri Apr 10, 2020 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on New Home in PA
Replies: 10
Views: 830

Re: Taxes on New Home in PA

Our Real estate tax bill comes in March, school tax in august. We get a 2% discount if paid in the first few months after receiving the bill. All this said, I think it depends on your municipality as to when they bill.
by chambers136
Fri Apr 03, 2020 5:19 pm
Forum: Personal Investments
Topic: Perfect Time to Clean Up Investments?
Replies: 8
Views: 821

Re: Perfect Time to Clean Up Investments?

If you’re keeping any actively managed funds due to still having gains, keep in mind that many pay out yearly capital gains in December (if they have them). I would expect with all the selling, this will be a big year for capital gain distributions from active funds. I have a few T Rowe Price funds ...
by chambers136
Thu Mar 12, 2020 3:40 pm
Forum: Personal Investments
Topic: Are brokerages trending to ETFs and away from mutual funds?
Replies: 0
Views: 114

Are brokerages trending to ETFs and away from mutual funds?

We have a taxable brokerage account at Schwab that holds SWTSX (Schwab US Total Market). With recent downturn I could move to ETFs with no tax gains. While I generally prefer mutual funds (though we hold both MF and ETF), I’m wondering if anyone is aware if there is a trend of brokerages moving to E...
by chambers136
Wed Mar 11, 2020 5:41 am
Forum: Investing - Theory, News & General
Topic: Why I hate ETFs
Replies: 82
Views: 5899

Re: Why I hate ETFs

Funny you should bring this up. Right now, I hate mutual funds, but really, it's the transition between the two that is the source of the pain. My example: sold a mutual fund yesterday to tax loss harvest. Because the transaction processes at the end of the trading day, was unable to deploy that mo...
by chambers136
Mon Mar 02, 2020 8:54 am
Forum: Investing - Theory, News & General
Topic: Mutual Fund & ETF Settlement
Replies: 0
Views: 214

Mutual Fund & ETF Settlement

I have some mutual funds that I’m holding at Schwab that are legacy from a transfer from a former FA. As I understand it, mutual funds GENERALLY take one day to settle and ETFs take two days to settle. My goal is to essentially exchange some of these funds for an ETF. Specifically, I’m wanting to pl...
by chambers136
Mon Feb 17, 2020 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Simplified Foreign Tax Limitation Election- TurboTax
Replies: 5
Views: 481

Re: Simplified Foreign Tax Limitation Election- TurboTax

AFAIK, you have two options with your foreign taxes paid. One is to take them a credit against your income tax liability and the other is to include them as an itemized deduction. I think the comment is about not switching is between these two options. I further believe that if you take your foreig...
by chambers136
Mon Feb 17, 2020 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Simplified Foreign Tax Limitation Election- TurboTax
Replies: 5
Views: 481

Simplified Foreign Tax Limitation Election- TurboTax

We have about $850 in foreign tax paid this year. I reached a point in TurboTax that it's asking me what to do for a Simplified Limitation Election Eligibility, where it apparently won't file form 1116. However, to qualify for this simplification, we need less than $600 (MFJ) of foreign tax paid. So...
by chambers136
Thu Feb 06, 2020 6:13 am
Forum: Personal Finance (Not Investing)
Topic: Leaving Amica for Cincinnati, Erie, Travelers, or MetLife?
Replies: 31
Views: 2447

Re: Leaving Amica for Cincinnati, Erie, Travelers, or MetLife?

We've been with Erie for 25 years. Had a hail damage claim on our former house ($15k-$20k claim), and if premiums went up, it was minimal. We have pretty much the same policies as you, and the costs stay steady. They haven't tried to increase them beyond maybe inflation, and will drop on occasion wh...
by chambers136
Fri Jan 24, 2020 3:18 pm
Forum: Personal Investments
Topic: Inherited IRA or Traditional. ex advisor not helpful
Replies: 59
Views: 3646

Re: Inherited IRA or Traditional. ex advisor not helpful

Can inherited IRAs be moved to a different custodian? If so, wouldn't that be easier than trying to deal with an uncooperative adviser/company?
by chambers136
Fri Jan 17, 2020 7:34 am
Forum: Personal Consumer Issues
Topic: Toyota recall
Replies: 15
Views: 1895

Re: Toyota recall

I believe it's only the V6 model, so if you're planning on getting the 4cyl, it shouldn't be affected. Verify this if you wish though, I'm not positive. According to the CR article that is linked, it includes Corollas from 2019, they came exclusively with 4 cylinder engines. Good point. Maybe the 4...
by chambers136
Fri Jan 17, 2020 6:30 am
Forum: Personal Consumer Issues
Topic: Toyota recall
Replies: 15
Views: 1895

Re: Toyota recall

I believe it's only the V6 model, so if you're planning on getting the 4cyl, it shouldn't be affected. Verify this if you wish though, I'm not positive.
by chambers136
Thu Jan 16, 2020 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Accidentally contributed to Roth IRA in 2014 while over the income limit
Replies: 16
Views: 1947

Re: Accidentally contributed to Roth IRA in 2014 while over the income limit

Unfortunately for the OP, the 6% excise tax penalty is due every year indefinitely until the excess Roth IRA contribution balance is mitigated. Just to clarify, does this mean the penalty can eat up the contribution (in this case $5500), but does not continue to consume the entire account balance (...
by chambers136
Tue Jan 07, 2020 6:28 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Beneficiary surprise
Replies: 47
Views: 6090

Re: Vanguard Beneficiary surprise

I'm a PA resident. For a while we had both a Schwab and Vanguard joint account, I believe they were Tenants WROS. Schwab allowed a beneficiary to be named, Vanguard did not.
by chambers136
Mon Dec 30, 2019 3:09 pm
Forum: Personal Consumer Issues
Topic: Getting a new Toyota Highlander.....
Replies: 25
Views: 2794

Re: Getting a new Toyota Highlander.....

In other words I think you should be able to get much more than a $5000 discount for a Highlander especially one that is a 2019 model. I would shoot for at least $9000 off the MSRP if not more. It will take work and fortitude but I believe it can be done. Agreed. 2019 Highlanders are advertised aro...
by chambers136
Fri Dec 20, 2019 2:47 pm
Forum: Personal Investments
Topic: VWNEX drops 8.6% - Question
Replies: 11
Views: 859

Re: VWNEX drops 8.6% - Question

This question is repeated often, but everybody learns somewhere. I asked this question at one point after I started watching investments closer. The fund dropped about 7% sometime around the middle of the year. The problem I had was that only a few sites were up to date to indicate a distribution ha...
by chambers136
Wed Dec 18, 2019 7:18 am
Forum: Personal Investments
Topic: Transferring EJ to VG Advice?
Replies: 12
Views: 731

Re: Transferring EJ to VG Advice?

You can also call Fidelity and Schwab to see if they can accept the all of the funds in the account without needing to liquidate anything
by chambers136
Fri Nov 22, 2019 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Is it practical to DIY transfer of non-probate assets?
Replies: 14
Views: 1351

Re: Is it practical to DIY transfer of non-probate assets?

I think your problem might be with the fee structure you negotiated with the lawyer. It is certainly not mandatory that a lawyer assisting with an estate be paid 5% of the value of the estate. You can arrange a flat fee, an hourly/ala carte payment, or a percentage that might be more or less than 5...
by chambers136
Thu Nov 21, 2019 6:18 am
Forum: Personal Finance (Not Investing)
Topic: Is it practical to DIY transfer of non-probate assets?
Replies: 14
Views: 1351

Re: Is it practical to DIY transfer of non-probate assets?

If I did a transfer myself, I would not hide it from estate/inheritance tax disclosure. I know PA is weird with inheritance vs estate tax, but generally speaking, I believe the *existence* of assets is what triggers these types of taxes, not the method by which they are transferred. Thanks- I shoul...
by chambers136
Wed Nov 20, 2019 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Is it practical to DIY transfer of non-probate assets?
Replies: 14
Views: 1351

Re: Is it practical to DIY transfer of non-probate assets?

Thanks for all the input. I think the 5% was because it was looked at by them as part of the estate assets- this information was given to him by us- I guess we should've just not mentioned it. PA has an inheritance tax, so part of the reason we just left it go was so the attorney could just include ...
by chambers136
Wed Nov 20, 2019 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Is it practical to DIY transfer of non-probate assets?
Replies: 14
Views: 1351

Is it practical to DIY transfer of non-probate assets?

I'm asking this question rather uninformed about how to deal with transfer of assets after a death (I'm in Pennsylvania). I put together a document for my wife regarding our finances, and I'd like to include something about how to appropriately transfer the assets into her name should the need arise...
by chambers136
Wed Nov 06, 2019 11:12 am
Forum: Personal Investments
Topic: What can I do with an annuity in a retirement plan?
Replies: 7
Views: 874

Re: What can I do with an annuity in a retirement plan?

Thanks! This give me a good starting point
by chambers136
Wed Nov 06, 2019 8:22 am
Forum: Personal Investments
Topic: What can I do with an annuity in a retirement plan?
Replies: 7
Views: 874

What can I do with an annuity in a retirement plan?

My wife has an annuity in a retirement plan held by TIAA Cref. It's a very small amount relative to our net worth, and ideally I'd like to roll it into her 401k at Fidelity and use the money to buy ETFs already held in the 401k. Is this possible, or does she need to call the custodian to find out? I...
by chambers136
Mon Oct 07, 2019 12:37 pm
Forum: Personal Consumer Issues
Topic: burner phone for failing iphone?
Replies: 18
Views: 1984

Re: burner phone for failing iphone?

Momus wrote: Mon Oct 07, 2019 9:31 am I'd replace the battery myself for $10 as I always do but not everyone cares/knows how to do it. Most are simply just afraid of opening up electronics.
What's your source for a quality battery? I replaced one in an iPhone 5S and the maximum capacity didn't return to even close to 100%
by chambers136
Thu Aug 29, 2019 5:48 am
Forum: Personal Consumer Issues
Topic: Anyone here on Verizon Prepaid? Deprioritization?
Replies: 23
Views: 2607

Re: Anyone here on Verizon Prepaid? Deprioritization?

I switched from Verizon Postpaid to Verizon Prepaid about 4 years ago, and my bill went down. I found several areas where Verizon Postpaid had good coverage, but Prepaid had no coverage at all. This included all of western Maryland and all of Puerto Rico. Verizon's Prepaid Coverage Map showed "...
by chambers136
Fri Aug 16, 2019 5:29 am
Forum: Personal Consumer Issues
Topic: Headache buying new minivan
Replies: 37
Views: 4437

Re: Headache buying new minivan

When I drove a 2014 Odyssey I couldn't believe how little leg room there was. I kept trying to move the seat back, but it was already all the way back. My wife felt the same way. It immediately eliminated the Odyssey as a possibility. I couldn't imagine a long trip in it. I don't know if more recent...
by chambers136
Tue Aug 06, 2019 6:27 am
Forum: Personal Finance (Not Investing)
Topic: Cannot login to TrueIntity (TransUnion's Credit Freeze) account. What now?
Replies: 7
Views: 1194

Re: Cannot login to TrueIntity (TransUnion's Credit Freeze) account. What now?

If you go to Transunion's home page, likely your login info will not work on this page.
Go to https://www.transunion.com/credit-freeze
This is where you need to login for freeze/unfreeze
by chambers136
Mon Jul 29, 2019 5:41 am
Forum: Personal Consumer Issues
Topic: VOIP - what do you use?
Replies: 55
Views: 4788

Re: VOIP - what do you use?

I've had Ooma basic service for about 8 years and have not had a single problem with it. Call quality is as clear as any other phones I used, whether at work or wherever.
by chambers136
Fri Jul 26, 2019 2:22 pm
Forum: Personal Consumer Issues
Topic: USPS - Informed delivery - complain on missing items?
Replies: 63
Views: 12108

Re: USPS - Informed delivery - complain on missing items?

I get almost everything on the day it shows up in informed delivery. Interestingly, the few letters I get from Vanguard show up days later. One showed up in informed delivery for 3-4 straight days before it showed up. They come unopened, and they are inconsequential as I no longer have an open accou...
by chambers136
Wed Jul 03, 2019 12:38 pm
Forum: Investing - Theory, News & General
Topic: Blockbuster
Replies: 34
Views: 3497

Re: Blockbuster

I was listening to a podcast that said Blockbuster's problems started with late fees. Apparently the competition did not charge late fees- you just couldn't get a new DVD until you returned the one you have. They said Blockbuster then stopped charging late fees, but someone in Blockbuster management...
by chambers136
Tue Jul 02, 2019 12:13 pm
Forum: Personal Consumer Issues
Topic: Keep garage 'cooler' during summer
Replies: 31
Views: 4174

Re: Keep garage 'cooler' during summer

I put a screen in the attic access hatch and open the garage windows (blocked to only allow about 6" of opening). This cooled the garage significantly. I don't think it's generally recommended due to the possibility of carbon monoxide entering the area above the living space in case a vehicle i...
by chambers136
Tue Jul 02, 2019 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance excessive price increase -upset!
Replies: 172
Views: 14355

Re: Long term care insurance excessive price increase -upset!

Does anyone know if there is an LTCi policy available the has lifetime coverage, but a very large elimination period, say 2 or 3 years. This is what I'd be interested in. The LTC that only covers 2-3 years is not worth it to me. OMG. There are 4 policies that have lifetime/unlimited policies. There...
by chambers136
Tue Jul 02, 2019 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance excessive price increase -upset!
Replies: 172
Views: 14355

Re: Long term care insurance excessive price increase -upset!

Does anyone know if there is an LTCi policy available the has lifetime coverage, but a very large elimination period, say 2 or 3 years. This is what I'd be interested in. The LTC that only covers 2-3 years is not worth it to me. OMG. There are 4 policies that have lifetime/unlimited policies. There...
by chambers136
Tue Jul 02, 2019 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance excessive price increase -upset!
Replies: 172
Views: 14355

Re: Long term care insurance excessive price increase -upset!

1210sda wrote: Tue Jul 02, 2019 7:30 am Does anyone know if there is an LTCi policy available the has lifetime coverage, but a very large elimination period, say 2 or 3 years.
This is what I'd be interested in. The LTC that only covers 2-3 years is not worth it to me.
by chambers136
Wed Jun 26, 2019 12:08 pm
Forum: Personal Investments
Topic: Managed Bond Fund in 401k or Passive Bond Fund in Taxable?
Replies: 15
Views: 1134

Re: Managed Bond Fund in 401k or Passive Bond Fund in Taxable?

Also, the Fidelity fund is in a niche share class. You might get a better sense of the risk by choosing a vanilla (retail?) share class of the fund that has been around a long time and see how it did vs. safer alternatives during 2008-2009. It dropped much more aggressively than the Vanguard Total ...
by chambers136
Wed Jun 26, 2019 10:56 am
Forum: Personal Investments
Topic: Managed Bond Fund in 401k or Passive Bond Fund in Taxable?
Replies: 15
Views: 1134

Re: Managed Bond Fund in 401k or Passive Bond Fund in Taxable?

Yes, the Fidelity one looks a bit riskier, but it would not be enough to persuade me to hold something safer in taxable. Thanks- this was one of my main concerns. I'll run the SEC yield numbers out of curiosity- it will further reinforce what you're saying since the tax deferred choice yields highe...
by chambers136
Wed Jun 26, 2019 9:31 am
Forum: Personal Investments
Topic: Managed Bond Fund in 401k or Passive Bond Fund in Taxable?
Replies: 15
Views: 1134

Re: Managed Bond Fund in 401k or Passive Bond Fund in Taxable?

aristotelian wrote: Wed Jun 26, 2019 8:54 am Can you please post all your 401k bond options?
Thanks for the feedback. Unfortunately this is the only bond fund in the 401k- there is a money market fund as well, but all others are either the actively managed target date funds or stock funds.
by chambers136
Wed Jun 26, 2019 7:59 am
Forum: Personal Investments
Topic: Managed Bond Fund in 401k or Passive Bond Fund in Taxable?
Replies: 15
Views: 1134

Managed Bond Fund in 401k or Passive Bond Fund in Taxable?

I've been reading some other posts about where to hold bonds, so I'm looking at where our bonds are held. As of now, we have some bonds in taxable (both Muni and Schwab total bond-SCHZ) and some in my 401k (FBKWX- an active Fidelity Total Bond Fund). I intend to leave the municipal bonds in taxable,...
by chambers136
Fri Jun 14, 2019 8:04 pm
Forum: Personal Investments
Topic: Fidelity customer service
Replies: 15
Views: 1640

Re: Fidelity customer service

We have taxable at Schwab and retirement at Fidelity. I’ve never had an issue with either, but I will say that my Schwab rep (which is the office closest to me) seems to be very friendly and takes care of any questions that I have Are the trading tools at Schwab as robust as at Fidelity? Do you kno...
by chambers136
Fri Jun 14, 2019 7:00 pm
Forum: Personal Investments
Topic: Fidelity customer service
Replies: 15
Views: 1640

Re: Fidelity customer service

We have taxable at Schwab and retirement at Fidelity. I’ve never had an issue with either, but I will say that my Schwab rep (which is the office closest to me) seems to be very friendly and takes care of any questions that I have