Search found 80 matches

by cashmoney
Fri Jan 05, 2018 12:57 am
Forum: Investing - Help with Personal Investments
Topic: 86 year old mother wants to break away from financial adviser..
Replies: 8
Views: 1222

86 year old mother wants to break away from financial adviser..

MY 86 yr mother wants me to help her get her portfolio away from Raymond James mainly because because she feels she hasn't participated in the bull market as much as other people she talks to have - yes she likes her some stock market! I want to get her away from Raymond James to lower her exposure ...
by cashmoney
Wed Jan 03, 2018 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to simplify things.
Replies: 2
Views: 331

Re: Trying to simplify things.

cashmoney: You can sell, buy and exchange funds in non-taxable accounts without worrying about taxes. In most companies, there are also no fees. It appears you should sell the unwanted funds as soon as possible to enjoy the many benefits of simplification. Read my "Simplicity" link below. Best wish...
by cashmoney
Wed Jan 03, 2018 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to simplify things.
Replies: 2
Views: 331

Trying to simplify things.

Thanks to all the great information I got here I went from managed accounts at Ameritrade and Fidelity to a self directed 3 ETF portfolio .I use all Black Rock ETFs at Fidelity (ITOT,AGG , IXUS) however because of various reasons at Ameritrade I have ITOT for total stock market,AGG for total bond ma...
by cashmoney
Sat Dec 23, 2017 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: What is a good degree or certification to get after college that employers like?
Replies: 11
Views: 1163

Re: What is a good degree or certification to get after college that employers like?

I currently have a bachelors degree in a humanities major. I graduated with a high GPA several years ago. I also have taken the GRE and scored very well. I was looking at all the available degrees, and the list I have now is JD (law), MD/DO (medicine), CPA (accounting), PhD (teaching?), Masters deg...
by cashmoney
Sat Dec 23, 2017 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: What is a good degree or certification to get after college that employers like?
Replies: 11
Views: 1163

Re: What is a good degree or certification to get after college that employers like?

I currently have a bachelors degree in a humanities major. I graduated with a high GPA several years ago. I also have taken the GRE and scored very well. I was looking at all the available degrees, and the list I have now is JD (law), MD/DO (medicine), CPA (accounting), PhD (teaching?), Masters deg...
by cashmoney
Sat Nov 25, 2017 9:30 pm
Forum: Personal Consumer Issues
Topic: The Wolf of Wall Street
Replies: 33
Views: 4698

Re: The Wolf of Wall Street

I thought the movie was funny and over-the-top raunchy. Having said that, after the movie I saw some interviews with him and he is trying so hard to act like a changed man, but you can clearly see he is still a slime ball. Yeah, the link above was an eye opener. He has not paid anything to the vict...
by cashmoney
Sun Nov 12, 2017 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Growth of Medicare Advantage enrollment
Replies: 68
Views: 4218

Re: Growth of Medicare Advantage enrollment

What makes me suspicious about the advantage plans, is the tremendous amount of advertising the insurance companies spend on promoting it. It must be a better revenue generator. Samtex It is THE revenue generator for them as far as Medicare is concerned. Traditional Medicare cut them out of the pic...
by cashmoney
Sun Nov 12, 2017 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Growth of Medicare Advantage enrollment
Replies: 68
Views: 4218

Re: Growth of Medicare Advantage enrollment

With so many MA plans at 0 premium ,where does the revenue come from. Your Part B premium is given to MA plan provider to manage/provide your plan benefits. Actually all the money in the medicare trust fund which was funded through FICO deductions and all the money in the part B trust fund which is...
by cashmoney
Sun Nov 12, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Growth of Medicare Advantage enrollment
Replies: 68
Views: 4218

Re: Growth of Medicare Advantage enrollment

What makes me suspicious about the advantage plans, is the tremendous amount of advertising the insurance companies spend on promoting it. It must be a better revenue generator. Samtex It is THE revenue generator for them as far as Medicare is concerned. Traditional Medicare cut them out of the pic...
by cashmoney
Sun Nov 12, 2017 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Tell me I'm not a total fool about my choice of a Medigap policy
Replies: 26
Views: 2572

Re: Tell me I'm not a total fool about my choice of a Medigap policy

Tomorrow, after pondering for 3 days, I will pull the trigger and enroll in a Medigap policy and Part D policy, both with Aetna; and after getting my cards will unenroll from my company sponsored Medical Advantage plan (which from another post yesterday I declared that i hate). The drug plan is set...
by cashmoney
Sun Oct 29, 2017 8:18 pm
Forum: Personal Consumer Issues
Topic: Medigap plans
Replies: 5
Views: 496

Re: Medigap plans

Sometimes using health exchanges such as One Exchange can cost you more than 75.00 a month because they can steer you in to plans that is best for them commission wise and not necessary what is best for you. That is true but I have the full catalog from Maryland insurance regulators so I can see ev...
by cashmoney
Sun Oct 29, 2017 7:54 pm
Forum: Personal Consumer Issues
Topic: Medigap plans
Replies: 5
Views: 496

Re: Medigap plans

I would suggest looking at what information is available through your state insurance regulator. Mine publishes a document with rates and methods of all companies authorized to sell in the state. Only one is community rated (AARP/UHC) in Maryland. Almost all the rest are attained age rated. AARP/UH...
by cashmoney
Sun Oct 29, 2017 12:02 pm
Forum: Personal Consumer Issues
Topic: Medicare Part D sign up
Replies: 4
Views: 530

Re: Medicare Part D sign up

Is better to sign up for Medicare annual Part D on Medicare.gov or the insurance company web site? Thanks Paul Drill down the the choices on medicare.gov and then check your math on the carriers website because there are data input errors on medicare.gov and they are not responsible for any bad dat...
by cashmoney
Sat Oct 28, 2017 4:29 pm
Forum: Personal Consumer Issues
Topic: Medicare Part D sign up
Replies: 4
Views: 530

Re: Medicare Part D sign up

Is better to sign up for Medicare annual Part D on Medicare.gov or the insurance company web site? Thanks Paul Drill down the the choices on medicare.gov and then check your math on the carriers website because there are data input errors on medicare.gov and they are not responsible for any bad dat...
by cashmoney
Mon Oct 23, 2017 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Heading to ER, surprise bills [update: home again]
Replies: 44
Views: 5814

Re: Urgent! Heading to ER, surprise bills

I'm heading to the ER on the recommendation of the urgent care center. I'm worried about surprise bills. What can I do to avoid them? I'm going to an in-network hospital, but I'm afraid of getting a bill from an out of network provider. I'm not taking an ambulance, so that's not an issue. Your post...
by cashmoney
Wed Oct 18, 2017 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Using a broker for a Supplemental Medicare Plan?
Replies: 21
Views: 947

Re: Using a broker for a Supplemental Medicare Plan?

I've been using a broker for 11 years now, and my Medicare Supplement premium is $0.00. Can't do much better than that. This is surprising. Are you sure you have a medicare supplement? You do realize that a Medicare Advantage plan is NOT a medicare supplement plan? That's a good question, but the w...
by cashmoney
Wed Oct 18, 2017 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Using a broker for a Supplemental Medicare Plan?
Replies: 21
Views: 947

Re: Using a broker for a Supplemental Medicare Plan?

OP, it's pretty hard to find out the answer to your question unless you stick your toe in the water as it were; and find out what's available in your area. In doing that you have to expose yourself to some emails and perhaps phone calls, but you can get the information you seek. Have you signed up ...
by cashmoney
Wed Oct 18, 2017 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Why not switch from Medigap F to G now?
Replies: 43
Views: 4163

Re: Why not switch from Medigap F to G now?

BH forums come through again. Spoke with an AARP/UHC rep. this afternoon. Was told that I can switch from F to G at this time with no underwriting. The monthly premium (11/2017-10/2018 rate) drops from 146.19 to 123.56, which should cover the Part B deductible (183.00 in 2017, not sure about 2018)....
by cashmoney
Fri Oct 13, 2017 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand what happens with the new law and ACA subsidies
Replies: 80
Views: 6438

Re: Help me understand what happen with the new law and ACA subsidies

Actionable items: Get a job with group insurance Marry someone with group insurance Houston, we may have a problem. (1) I may be too old to get a job, but too young to be on Medicare. (2) I can't find someone with group insurance to marry. Unless one is ill, I think many under 65 will be able to fi...
by cashmoney
Tue Oct 10, 2017 10:58 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Canceling Fidelity Portfolio Advisory Service
Replies: 27
Views: 2806

Re: Advice on Canceling Fidelity Portfolio Advisory Service

Hi All, First, thank you to the many active, helpful and knowledgeable participants here. I have learned a great deal in a short time due to the work and time that you dedicate to supporting others. It is greatly appreciated. Second, here is the challenge: Before I became educated in the way of the...
by cashmoney
Sun Oct 08, 2017 8:29 pm
Forum: Personal Consumer Issues
Topic: Medicare versus Medicare Advantage for 2018
Replies: 19
Views: 2067

Re: Medicare versus Medicare Advantage for 2018

I joined Medicare last May. I have been a satisfied SF Kaiser member for over 30 years. In checking here and other places, I was satisfied that SF Kaiser Medicare Advantage would provide me with the care I'd come to expect. So, that is what I chose. I just got my 2018 annual renewal notice and Kais...
by cashmoney
Sun Oct 08, 2017 8:09 pm
Forum: Personal Consumer Issues
Topic: What to do with unused paint?
Replies: 38
Views: 2652

Re: What to do with unused paint?

ved wrote:
Sun Oct 08, 2017 6:24 pm
Hi,

We got our house painted this past summer. To select the colors, we bought a lot of samples (quart size) from Sherwin Williams.
What do we do with all those samples? Can we donate them somewhere?


List in the Free section of Craigslist.
by cashmoney
Sun Oct 08, 2017 7:03 pm
Forum: Personal Consumer Issues
Topic: Medigap Policies--So Much Conflicting Information
Replies: 29
Views: 2466

Re: Medigap Policies--So Much Conflicting Information

I guess my concern about Plan F is that the group has no new (younger) members after 2020 and the group gets sicker. Rates increase significantly as the healthier members leave since they pass underwriting. Others could get stuck with very high rates and maybe can't get out. That's a concern and al...
by cashmoney
Sun Oct 08, 2017 12:40 pm
Forum: Personal Consumer Issues
Topic: Medigap Policies--So Much Conflicting Information
Replies: 29
Views: 2466

Re: Medigap Policies--So Much Conflicting Information

So, if you choose original Medicare plus Plan F, should you want to change Plans (from F to another Plan with same insurer) OR Insurers (from current insurer for F to different insurer for Plan F - actually I guess you'd need to change insurer AND Plan since F goes away in 2020), you may or may not...
by cashmoney
Sat Oct 07, 2017 10:09 pm
Forum: Personal Consumer Issues
Topic: Medigap Policies--So Much Conflicting Information
Replies: 29
Views: 2466

Re: Medigap Policies--So Much Conflicting Information

I had forgotten that Plan F was going away in 2020 for new enrollees. So, the pool of people will get sicker and sicker. I know F has a few ways to price, one being age related. I saw some numbers in my area for one insurer where F was $212 at 65 and $350 at age 80 (not the high deductible version)...
by cashmoney
Sat Oct 07, 2017 9:59 pm
Forum: Personal Consumer Issues
Topic: Medigap Policies--So Much Conflicting Information
Replies: 29
Views: 2466

Re: Medigap Policies--So Much Conflicting Information

Here's a good example of a well known provider that does not accept assignment. Also, I don't believe that they accept any Medicare Advantage plans. http://www.mayoclinic.org/patient-visitor-guide/billing-insurance/insurance/faq From the above page: Does Mayo Clinic accept Medicare patients? For ou...
by cashmoney
Sat Oct 07, 2017 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare - Guaranteed Acceptance of Medicare Supplement Plan
Replies: 2
Views: 381

Re: Medicare - Guaranteed Acceptance of Medicare Supplement Plan

I need help in figuring whether or not I am eligible for a Guaranteed acceptance of Medicare Supplement plan without going through the underwriting process. 1. Became eligible for Medicare 4/1/2015 and got Medicare Part A and B with the same effective date. 2. Had the Retiree Healthcare Benefits fr...
by cashmoney
Sat Sep 30, 2017 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Question About Long Term Care
Replies: 75
Views: 6592

Re: Question About Long Term Care

But then, once you are in at an independent living level, you can transfer to higher levels of care at no extra cost. Of the CCRs I've looked into the buy-in does not include LTC, particularly for a skilled nursing facility (SKF). Whether assisted living (AL) is covered by a CCR purchase is questio...
by cashmoney
Sat Sep 30, 2017 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Question About Long Term Care
Replies: 75
Views: 6592

Re: Question About Long Term Care

From a more humanistic sleep-at-night perspective, if you don't have kids or other younger family members you feel you can depend on to help out when you are older, it is hard to sleep at night without some reassurance that you can pay someone for these services. I would be very nervous without a, ...
by cashmoney
Tue Sep 26, 2017 12:41 pm
Forum: Personal Consumer Issues
Topic: Dental Insurance in Texas
Replies: 9
Views: 808

Re: Dental Insurance in Texas

I was just told I had to have 16 crowns done to my lower jaw due to years of grinding and almost no tooth left. My current insurance is Humana and only pays 50% of the complete procedure ( my portion is $11,000). My question is there a better insurance plan available at a reasonable cost in my stat...
by cashmoney
Sun Sep 24, 2017 2:10 pm
Forum: Personal Consumer Issues
Topic: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?
Replies: 125
Views: 9212

Re: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?

In accordance with the forum guidelines, I am not seeking medical advice. Rather, I am seeking actionable ideas for how I can choose which practice/practitioner to perform an upcoming procedure. Does anyone, especially any MDs on the board, know how I can go about finding out who to use for a given...
by cashmoney
Sun Sep 10, 2017 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Who actually buys lottery scratch offs?
Replies: 43
Views: 3239

Re: Who actually buys lottery scratch offs?

spectec wrote:
Sun Sep 10, 2017 6:18 pm
It's OK to buy them as long as you are realistic about the odds. Your chances of winning big are roughly the same whether you do or don't buy a ticket.



One way of improving your odds of winning is to live in mobile home- at least in Florida it seems to work that way.
by cashmoney
Thu Sep 07, 2017 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Medical insurance and contract work
Replies: 4
Views: 471

Re: Medical insurance and contract work

I will be starting a new job on Monday. I will be an employee of a staffing company located in Massachusetts. I will be actually working at client company in NJ. The staffing agency does offer ACA-compliant insurance, however the job is suppose to last 2-4 months. What should I do? I really don't w...
by cashmoney
Mon Sep 04, 2017 11:54 am
Forum: Investing - Theory, News & General
Topic: Why can't the future of stocks be predicted
Replies: 61
Views: 3959

Re: Why can't the future of stocks be predicted

investing1012 wrote:
Sun Sep 03, 2017 6:22 pm
Why can't the future of stocks be predicted, considering the fact that stocks should follow the laws of economy which you would think are based on rational actions


Because we still don't have a working flux capacitor ?
by cashmoney
Fri Sep 01, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Self insure vs Medigap when on "traditional" Medicare
Replies: 73
Views: 5245

Re: Self insure vs Medigap when on "traditional" Medicare

Be very careful of Advantage Plans. They replace Original Medicare with managed care controlled by private insurance companies so as to maximize profit, sometimes at the expense of patients. They have a lot of freedom to change rules and restrict provider networks. They can offer zero premiums beca...
by cashmoney
Thu Aug 31, 2017 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Self insure vs Medigap when on "traditional" Medicare
Replies: 73
Views: 5245

Re: Self insure vs Medigap when on "traditional" Medicare

About a third of us have group retirement insurance through a union or former employer that acts as a Medicare supplement ( although that percent is decreasing) . decreasing rapidly, in my opinion. I agree and many retired and working medicare beneficiaries who do have coverage from their employer ...
by cashmoney
Thu Aug 31, 2017 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Time to reach 1M and 2M milestones
Replies: 162
Views: 46010

Re: Time to reach 1M and 2M milestones

I was working on making my second million by the age of 30 after failing to make my first million.
by cashmoney
Tue Aug 29, 2017 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Sanity Check on Medicare Plan Compare
Replies: 6
Views: 717

Re: Sanity Check on Medicare Plan Compare

Greetings, DW will start Medicare next year. I've been comparing options for our state using advice from BH, our SHIP office, and Medicare.gov I appreciate your reaction to the 2 scenarios below. They were built using DW's actual drug list plus costs from actual plans I found in my search. Scenario...
by cashmoney
Tue Aug 29, 2017 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing a Health Plan - Not Marketplace
Replies: 46
Views: 2943

Re: Purchasing a Health Plan - Not Marketplace

Wow, great information here and also confusing at the same time. I will wait until November 1st to see what the ACA has to offer. My goal is to get a insurance plan that has my doctor and hospital in network. If I can get that I'll be happy regardless of price. If you don't already have a broker I'...
by cashmoney
Tue Aug 29, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing a Health Plan - Not Marketplace
Replies: 46
Views: 2943

Re: Purchasing a Health Plan - Not Marketplace

I have a guy from USHEALTH wanting to quote me a Premier Choice Plan. He states you can go to any doctor or any hospital. He did want my general health and prescription history in order to quote a premium. Not sure about this. I'll need to check them out. This is not really insurance , it is more o...
by cashmoney
Tue Aug 29, 2017 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing a Health Plan - Not Marketplace
Replies: 46
Views: 2943

Re: Purchasing a Health Plan - Not Marketplace

My daughter bought her health insurance through ehealthinsurance, not Obamacare plan, much cheaper. I don't think they ask much except age and whether you smoke. If it's not ACA (Obamacare) then your daughter bought a Short Term Medical Policy which is non ACA compliant so she will pay a penalty, h...
by cashmoney
Tue Aug 29, 2017 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing a Health Plan - Not Marketplace
Replies: 46
Views: 2943

Re: Purchasing a Health Plan - Not Marketplace

My daughter bought her health insurance through ehealthinsurance, not Obamacare plan, much cheaper. I don't think they ask much except age and whether you smoke. If it's not ACA (Obamacare) then your daughter bought a Short Term Medical Policy which is non ACA compliant so she will pay a penalty, h...
by cashmoney
Mon Aug 28, 2017 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing a Health Plan - Not Marketplace
Replies: 46
Views: 2943

Re: Purchasing a Health Plan - Not Marketplace

My daughter bought her health insurance through ehealthinsurance, not Obamacare plan, much cheaper. I don't think they ask much except age and whether you smoke. If it's not ACA (Obamacare) then your daughter bought a Short Term Medical Policy which is non ACA compliant so she will pay a penalty, h...
by cashmoney
Wed Aug 23, 2017 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Sharing information with insurance agents.
Replies: 18
Views: 1565

Re: Sharing information with insurance agents.

You could answer fairly vaguely and that often does the trick. The OP is being asked to "provide proof" of income and assets. How do you answer vaguely when asked for proof? I've been asked what my income/assets are - I've never been asked for proof of them. The last time I bought life insurance I ...
by cashmoney
Tue Aug 22, 2017 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Accidental Injury: Health Insurance definition
Replies: 26
Views: 1628

Re: Accidental Injury: Health Insurance definition

Our health insurance pays the full cost of treating accidental injuries in an emergency room. Emergency room treatments for other conditions require that deductibles be met and that co-pays be paid. I could not find a definition for "accidental injury" on our insurer's website. Does anyone know if ...
by cashmoney
Tue Aug 15, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Which Audible book for Mom to convince her to get away from Raymond James
Replies: 19
Views: 2092

Re: Which Audible book for Mom to convince her to get away from Raymond James

Is she likely to run out of money? If not, fix yourself a nice cup of tea and watch her favorite Netflix show with her. (If she doesn't have Netflix, get if for her now and teach her to find shows she likes.) To get her to change, you have to convince her she has made a mistake, which no one likes ...
by cashmoney
Tue Aug 15, 2017 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Which Audible book for Mom to convince her to get away from Raymond James
Replies: 19
Views: 2092

Re: Which Audible book for Mom to convince her to get away from Raymond James

Do this: Total up what her investments' income was last year prior to fees. Subtract out the fees she paid to her advisor. Then, find equivalent (or as close as you can come) investments at Vanguard, do the math to figure out how much she would have made there, less fees. Then put those dollar figu...
by cashmoney
Mon Aug 14, 2017 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Which Audible book for Mom to convince her to get away from Raymond James
Replies: 19
Views: 2092

Which Audible book for Mom to convince her to get away from Raymond James

I am trying to get my 85 year old mother away from her Raymond James adviser .This joker is charging her 1.25 AUM and still selling her very High ER funds with sales loads.What book do you recommend for the main purpose of illustrating the evils of a high cost actively managed portfolio and the advi...
by cashmoney
Thu Aug 10, 2017 3:43 pm
Forum: Personal Consumer Issues
Topic: Advice on picking a dentist
Replies: 19
Views: 1948

Re: Advice on picking a dentist

I've moved to a new city and am confused how to find a dentist. I just want a basic cleaning. I do not want to fill out pages of medical forms and have bunch of xrays taken on this initial visit. Will dentists laugh at me when I request this? Alternately, I read that one should make a "consultation...
by cashmoney
Thu Aug 10, 2017 11:45 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4243
Views: 1143471

Re: U.S. stocks in freefall

This might be the correction that many people are waiting for. Let us see if they have the courage to jump in. It just so happens that my managed account at Fidelity was liquidated Monday and the funds( 460k ) are finally available finally available today in my self directed account so I can start ...