Search found 17 matches

by WillRetire
Fri Dec 08, 2017 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: QUESTION ANSWERED NO HELP NEEDED - mortgage escrow payment added to principal balance and charged interest each month
Replies: 18
Views: 705

Re: mortgage escrow payment added to principal balance and charged interest each month

If $2000 is your total monthly payment including $450 escrow, then your *real* monthly payment for the mortgage itself is $1550. Of that $1550 payment against $100,000: $322.92 is interest, $1227.08 is principal. New loan balance = $98,772.92. Next payment of $1550+escrow: $318.95 is interest, $1231...
by WillRetire
Sat Nov 25, 2017 7:03 am
Forum: Personal Consumer Issues
Topic: Etiquette question: Paying for meals out & out of town guests
Replies: 79
Views: 5561

Re: Etiquette question: Paying for meals out & out of town guests

miamivice wrote:
Fri Nov 24, 2017 10:07 pm
... the out of town guests decided that my wife deserved a night off from cooking, and suggested we go out to dinner instead.
He who suggests it [going out to eat] pays for it. The guests who suggested it should have paid.
by WillRetire
Mon Nov 20, 2017 10:25 am
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 40
Views: 3669

Re: WSJ commentary about declining # of publicly traded companies

There's nothing specially alarming or unusual about the "Wilshire 5,000" having some number of stocks in it other than 5,000. Well, it's arguably false advertising. I'm being pedantic here and admit that I've always been especially peeved about stuff like this, but to me the number "5,000" in the n...
by WillRetire
Mon Nov 20, 2017 10:23 am
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 40
Views: 3669

Re: WSJ commentary about declining # of publicly traded companies

One of the dynamics that isn't given full credit is simply where we are in the current cycle. This is the longest bull market in history. Bull markets drive consolidation as companies run out of sufficiently compelling organic opportunities, fatigue on buybacks and are wary of increasing their divi...
by WillRetire
Mon Nov 20, 2017 10:09 am
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 40
Views: 3669

Re: WSJ commentary about declining # of publicly traded companies

Hi: News article: Why Vanguard Isn’t Freaking Out About Fewer Public Companies , Julie Segal , Institutional Investor, November 17, 2017. New research from the fund firm pours cold water on the idea that the declining number of public companies is having a meaningful effect on investors. Amid cries...
by WillRetire
Sat Nov 18, 2017 8:39 pm
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 40
Views: 3669

Re: WSJ commentary about declining # of publicly traded companies

I have workdon’t d for public Fortune 500, private equity, IPO, and private companies. THE number one reason that companies are choosing to stay private or go private? Sarbannes-Oxley. Yes, the article mentions "Increases in regulations, shareholder lawsuits and activist demands have also diminishe...
by WillRetire
Sat Nov 18, 2017 8:34 pm
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 40
Views: 3669

Re: WSJ commentary about declining # of publicly traded companies

While index funds don't, some Mutual Funds carry shares of privately held companies. I was looking at a Fidelity funds that has outperformed the S&P for over a decade and noticed one of its top holdings was UBER. Fidelity Contrafund (FCNTX) The Fidelity Contrafund (“FCNTX”) is one of the most aggre...
by WillRetire
Sat Nov 18, 2017 11:45 am
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 40
Views: 3669

Re: WSJ commentary about declining # of publicly traded companies

I’d be curious if this is a result of people keeping companies private or if there is a big impact from mergers (mega companies) I will say that in the 90s there were likely lots of paper (worthless) companies The author of the article cites reasons for companies not going public, or delaying going...
by WillRetire
Sat Nov 18, 2017 11:01 am
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 40
Views: 3669

WSJ commentary about declining # of publicly traded companies

WSJ published a commentary piece titled "Where Have All the Public Companies Gone?" dated November 17, 2017. The author provides some concerning facts. - There are 3,671 domestic listings today, down from 7,322 in 1996 - The number of public companies in the U.S. has been on a steady decline since p...
by WillRetire
Mon Oct 16, 2017 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Any experiences with EnvisionRxPlus PDP (medicare)?
Replies: 1
Views: 128

Any experiences with EnvisionRxPlus PDP (medicare)?

Elderly relative in Pennsylvania is considering switching to EnvisionRxPlus prescription drug plan for 2018, based on lower total cost estimates for their specific drug list. Anyone have any experiences, either positive or negative, dealing with EnvisionRxPlus as a PDP? How's their mail order servic...
by WillRetire
Fri Oct 06, 2017 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 390
Views: 54884

Re: Retirement Account Stolen by Identity theft

In answer to this part of the original post: "what steps should he undertake to protect investments he has at other institutions..." Help your father register for online access to ALL investment and bank accounts, also Social Security, Medicare, and all health plans. This way, he'll at least have on...
by WillRetire
Fri Oct 06, 2017 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Senior citizens can lose everything [to professional guardians via court rulings]
Replies: 111
Views: 9995

Re: Senior citizens can lose everything [to professional guardians via court rulings]

Wall Street Journal reported on this type of situation two years ago. The victim in their story is a senior citizen in Washington State. https://www.wsj.com/articles/abuse-plagues-system-of-legal-guardians-for-adults-1446225524 Many players involved, including a neighbor/caretaker, judge and attorne...
by WillRetire
Thu Aug 17, 2017 2:21 pm
Forum: Personal Consumer Issues
Topic: Other people's perception of your finances
Replies: 73
Views: 4401

Re: Other people's perception of your finances

BostonButterfly: We are in a similar situation. After decades of scrimping, saving and living frugally, we could afford our dream cottage within easy walking distance of the beach. IMO 2 weeks is way too long for a visit, except under unusual circumstances. A few years after we bought our beach cott...
by WillRetire
Tue Jul 11, 2017 5:57 pm
Forum: Personal Consumer Issues
Topic: instant pot [Pressure cooker]
Replies: 34
Views: 3511

instant pot [Pressure cooker]

Like the OP, all of a sudden I am reading lots of favorable reviews about "Instant Pot" and wondering how it is different and better than traditional pressure cookers. More functions? Safer?
by WillRetire
Mon Jul 10, 2017 10:25 am
Forum: Personal Consumer Issues
Topic: what happened to new KO roses?
Replies: 20
Views: 1591

Re: what happened to new KO roses?

Many roses, KnockOuts & others, have succumbed to a virus known as RRD: Rose Rosette Disease There's no cure. The disease is spread by mites. http://www.rose.org/rose-care-articles/rose-rosette-disease-sadly/ Frankly, I don't understand why this disease isn't getting more news coverage. It is very s...
by WillRetire
Tue Jul 04, 2017 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 159
Views: 12566

Re: Long term care insurance - is it worth it?

To us (spouse and me), LTCi is worth it for protecting one another from financial destitution: If one of us gets sick or is in an accident and needs long-term care, the policy pays the bills instead of depleting financial assets. The healthy spouse maintains a good standard of living, at least while...
by WillRetire
Mon Jun 05, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Adding beneficiaries to a non-retirement account
Replies: 14
Views: 1404

Re: Adding beneficiaries to a non-retirement account

I have a problem similar to that reported by the OP: Cannot add beneficiaries to non-retirement account, JOINT in my case, but that shouldn't matter. Nowhere on the web site could I find an explanation, just the statement that beneficiaries are "not necessary" on JOINT accounts. So, I called Vanguar...