Search found 259 matches

by cashmoney
Tue May 21, 2019 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Remind me why we have Medicare supplement
Replies: 23
Views: 3177

Re: Remind me why we have Medicare supplement

It is incredible that you only paid $520. I am getting ready to sign up for something (advantage or supplement). I am lost and confused... In my area all advantage plans have 20% co-pays for MRI or EKG kind of stuff and minimum $4200 out of pocket maximum. If my bills totaled $32,000 I don't think ...
by cashmoney
Mon May 13, 2019 9:01 pm
Forum: Forum Issues and Administration
Topic: For how long will the forum be around?
Replies: 94
Views: 7066

Re: For how long will the forum be around?

get_g0ing wrote:
Mon May 13, 2019 8:13 pm
Hi,

I was just wondering, how many years in the future will this forum be around? 10 years, 100 years?

What do people think?

Thanks.



As long as it's good...
by cashmoney
Sat May 11, 2019 10:40 am
Forum: Personal Consumer Issues
Topic: What non frugal things save money?
Replies: 80
Views: 9463

Re: What non frugal things save money?

I decided to go to the bank for a wire transfer instead of doing it online. This would cost me more time and an extra $10 in fees. But I was willing to spend this to make sure I didn't make a mistake. Having an extra set of eyes was worth it to me. Making a mistake in a large wire to save $10 can c...
by cashmoney
Tue May 07, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Remind me why we have Medicare supplement
Replies: 23
Views: 3177

Re: Remind me why we have Medicare supplement

A friend periodically calls me with this question, why get a supplement or Advantage plan if the cost is more than you would actually pay in most situations? This time her SO had back surgery and the hospital bill came out to exactly what it would have been as an Advantage co-pay. We do not have a ...
by cashmoney
Tue May 07, 2019 8:06 am
Forum: Personal Investments
Topic: I tried to fire my financial advisor of 12 years today...
Replies: 127
Views: 13236

Re: I tried to fire my financial advisor of 12 years today...

Let me tell you something from personal experience: A FA is not your buddy, pal, or friend. In most cases, once you fire a financial advisor, you are essentially dead to him. That's not friendship. You will get over it quickly. Lets say FA is making about 9k in commish on your account.Do you think ...
by cashmoney
Sat May 04, 2019 9:42 am
Forum: Personal Consumer Issues
Topic: What kind of Replacement A/C would you get ??
Replies: 51
Views: 4627

Re: What kind of Replacement A/C would you get ??

Having a system that runs a low-speed fan to deal with individual hot/cold spots in a house is NOT the first thing to consider. You're best off first addressing individual room thermal loads (lots of external wall surface area, windows, air leaks, heat generating equipment, weak ceiling insulation)...
by cashmoney
Sat Apr 27, 2019 10:30 am
Forum: Personal Investments
Topic: Sitting on $1.5m cash - need help
Replies: 48
Views: 11160

Re: Sitting on $1.5m cash - need help

Are you sure Fidelity offers anything to move there? I'm seeing promotions in blogs like Husslermoneyblog that are outdated and now wrong. Going through their link to Fidelity shows 500 trades for 2 years. No money. TDAmeritrade and Schwab do offer money (Schwab only if you have no accounts there)....
by cashmoney
Tue Apr 23, 2019 6:59 pm
Forum: Personal Consumer Issues
Topic: Buying a TV
Replies: 32
Views: 1202

Re: Buying a TV

miles monroe wrote:
Tue Apr 23, 2019 4:46 pm
go wander around costco. you'll be amazed at how far your money goes these days in the TV dept.


Unfortunately Costco doesn't sell the the best all around TV - the Sony 900F
by cashmoney
Fri Apr 19, 2019 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: mailed US tax check 4/13 - not cashed yet
Replies: 56
Views: 14694

Re: mailed US tax check 4/13 - not cashed yet

sambb wrote:
Thu Apr 24, 2014 3:25 pm
Is this typical? The money has yet to come out of my account. My State tax check was paid and taken out. Waiting for federal to hit.


Mailed Monday and hasnt cleared but not worried because it typically takes more than 10 days even on my quarterly payments.
by cashmoney
Sat Apr 13, 2019 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Re: Applying for Medicare / Any Problems Submitting Requested Documents?
Replies: 10
Views: 359

Re: Applying for Medicare / Any Problems Submitting Requested Documents?

I don't know why I didn't think of this earlier. I'll ask you guys! Turning 65 in early August, 2019. I will - of course - be applying for Medicare (A & B), on-line (?) next month (early May). My question - I'm hesitant regarding sending my original birth certificate via the mail (and, getting it b...
by cashmoney
Fri Apr 12, 2019 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Savings or Ally 12mo CD
Replies: 6
Views: 1016

Re: Ally Savings or Ally 12mo CD

Purepoint Financial no penalty 13 month CD 2.5%
by cashmoney
Fri Apr 12, 2019 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Any way I can hire my parents?
Replies: 45
Views: 2263

Re: Any way I can hire my parents?

Hello, I am a physician and an independent contractor (sole proprietor). My father, who lives outside of the USA, recently had a major health problem that is preventing him from working his usual job and I am having to help him financially with about 2 thousand dollars a month. Is there any way I c...
by cashmoney
Thu Apr 11, 2019 3:15 pm
Forum: Personal Consumer Issues
Topic: Ingenious Way To Find Reasonably Priced Painter
Replies: 57
Views: 6137

Re: Ingenious Way To Find Reasonably Priced Painter

Yes, I have asked neighbors for recommendations and either the bids were too high or the bids were higher than what my neighbors paid for the exact same tract house, despite me having done most of the prep work. I don't like to be price discriminated against. Is there an ingenious way to find a rea...
by cashmoney
Thu Apr 11, 2019 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Hospice and Medicare Advantage Plans - a little known Catch22
Replies: 40
Views: 3179

Re: Hospice and Medicare Advantage Plans - a little known Catch22

If on a medicare advantage plan before hospice starts this is how its it suppose to work... all hospice related cost are paid by original medicare at 100%.Although it is the providers responsibility to bill medicare they may not be aware of the fact that a person is on hospice unless you tell them. ...
by cashmoney
Wed Apr 10, 2019 8:04 pm
Forum: Investing - Theory, News & General
Topic: Asset allocation if 60 % in company stock
Replies: 15
Views: 1225

Re: Asset allocation if 60 % in company stock

If anyone holds 60% in a single stock I would feel that the risk level for that is so high that it cannot be considered part of a investment portfolio, it is simply a large bet. Accordingly the investor should apply their desired asset allocation to their other assets and presume that the 60% posit...
by cashmoney
Wed Apr 10, 2019 6:30 pm
Forum: Investing - Theory, News & General
Topic: Asset allocation if 60 % in company stock
Replies: 15
Views: 1225

Re: Asset allocation if 60 % in company stock

A better approach is for you friend to better appreciate how risky a single stock holding is. After that how to diversity can be addressed. I agree with this. Be very gentle in your approach - you don't want your friend to tune you out. There have been several recent threads about offering unsolici...
by cashmoney
Wed Apr 10, 2019 6:23 pm
Forum: Investing - Theory, News & General
Topic: Asset allocation if 60 % in company stock
Replies: 15
Views: 1225

Re: Asset allocation if 60 % in company stock

A theoretical comment might be that a single stock is much more risky than a diversified stock fund due to additional diversifiable risk. Consequently her 60/40 allocation is more risky than intended when we speak of a 60/40 allocation to diversified investments. I don't have some off the cuff math...
by cashmoney
Tue Apr 09, 2019 11:00 pm
Forum: Investing - Theory, News & General
Topic: Asset allocation if 60 % in company stock
Replies: 15
Views: 1225

Asset allocation if 60 % in company stock

I hope my question makes sense.Trying to help a friend who is 62 and recently retired from mega corp and has 60% of her considerable total portfolio in company stock and stock options which are taxable.Against my advise she wants to keep all her company stock for now but wants advise on what to do w...
by cashmoney
Tue Apr 09, 2019 10:53 am
Forum: Personal Finance (Not Investing)
Topic: IRS 2% bounced check fee!!
Replies: 42
Views: 5446

Re: IRS 2% bounced check fee!!

It usually takes at least 10 days from the time i send my quarterly taxes for it to hit my account...
by cashmoney
Sat Apr 06, 2019 4:09 pm
Forum: Investing - Theory, News & General
Topic: The "dividend preference anomaly"
Replies: 183
Views: 8510

Re: The "dividend preference anomaly"

One set of data that might help is to go to Yahoo finance, historic data, and look at the adjusted price. This tabulation kind of answers your question backwards by reducing the historic price for the dividend and distributions paid. For UPS the difference back to 2008 is an actual price of $71 and...
by cashmoney
Sat Apr 06, 2019 3:43 pm
Forum: Investing - Theory, News & General
Topic: The "dividend preference anomaly"
Replies: 183
Views: 8510

Re: The "dividend preference anomaly"

Another of my favorite dividend stocks is PAYX. Its last dividend was $.56/sh. The ex-dividend date for that payment was 1/31. On 1/30 the first trade for PAYX was at $70/sh, the highest trade was at $71.17 and the final trade was at $71.14. The next day (1/31 -- ex day) the first trade was at $70....
by cashmoney
Thu Apr 04, 2019 9:25 am
Forum: Personal Consumer Issues
Topic: Is $650 for a Roof Inspection Too Much?
Replies: 37
Views: 2682

Re: Is $650 for a Roof Inspection Too Much?

I'd like to get my roof inspected. It was replaced in 2010, and it really hasn't been touched since. This is purely precautionary. I contacted a very reputable roofing company. They have been around for decades. I think the children/grandchildren are running it now. If you live around Boston and no...
by cashmoney
Mon Apr 01, 2019 3:07 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1745
Views: 272384

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I finally got around to applying for the Ally account/bonus. $1200 for $500k+. Hopefully no issues. Most of these you have to stay around a year. An extra $1200 a year for about an hours work seems like a good deal to me. I haven't seen major differences between all the (many) brokerages I've been....
by cashmoney
Mon Apr 01, 2019 2:48 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1745
Views: 272384

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I finally got around to applying for the Ally account/bonus. $1200 for $500k+. Hopefully no issues. Most of these you have to stay around a year. An extra $1200 a year for about an hours work seems like a good deal to me. I haven't seen major differences between all the (many) brokerages I've been....
by cashmoney
Mon Apr 01, 2019 10:56 am
Forum: Personal Consumer Issues
Topic: Best enhancement for folks who work from home
Replies: 42
Views: 4050

Re: Best enhancement for folks who work from home

What enhancements (dual monitors, stand up desk, lighting, plants & misc) have you made to your home office set up that you highly recommend? I work from home and have my desk Ikea Galant desk tops in a U shape around perimeter of room.IMO cant have too much desk top space .I would never use a trad...
by cashmoney
Fri Mar 29, 2019 10:19 am
Forum: Personal Consumer Issues
Topic: Experience with replacing heat pump - Carrier or Lennox?
Replies: 16
Views: 873

Re: Experience with replacing heat pump - Carrier or Lennox?

Hello, I am in the process of replacing a 15 yr old Carrier heat pump paired with a 24 yr old Carrier air handler. My original thought was to run it into the ground and let it break beyond repair but I have decided to replace it ahead of Spring/Summer. I live in Northern VA and our summers get dece...
by cashmoney
Wed Mar 27, 2019 4:58 pm
Forum: Personal Investments
Topic: How much should I pay for a financial advisor?
Replies: 27
Views: 1721

Re: How much should I pay for a financial advisor?

Hello friends! I visited the wealth management advisors at almost all banks, such as Chase, BOA, WF, HSBC and Morgan Stanly., and another small-mid size firms... They charge about 1%-1.5% flat fee of all my investments. It looks like their suggested portfolio are similar(X% of equity +Y% of bonds) ...
by cashmoney
Wed Mar 27, 2019 4:35 pm
Forum: Personal Investments
Topic: Help with elderly Mother’s annuity (Allianz Life)
Replies: 2
Views: 244

Re: Help with elderly Mother’s annuity (Allianz Life)

I’m hoping some of you Annuity experts can help me out here. After reviewing my mother’s finances I’ve found two annuities from Allianz Life. My mother is 84 years old, widowed. In good health. She owns her home (worth about 500K - no mortgage). The house is protected in a trust set up two years ag...
by cashmoney
Wed Mar 27, 2019 4:08 pm
Forum: Personal Consumer Issues
Topic: I would like a boat. I also know nothing about boats
Replies: 147
Views: 8856

Re: I would like a boat. I also know nothing about boats

I am accustomed to being (or thinking that I am) reasonably educated on most purchases that I make; however, I find myself in a situation where I will be purchasing a boat for the family. We purchased a home on a nice lake several years ago and have slowly renovated the backyard including the dock ...
by cashmoney
Tue Mar 26, 2019 5:24 pm
Forum: Personal Consumer Issues
Topic: Screening Buyers of Goods on Craigslist
Replies: 30
Views: 2830

Re: Screening Buyers of Goods on Craigslist

I’ve sold a lot of stuff on Craigslist largely without any issues. Things like iPhones, MacBook Airs, TVs, Dining Room Tables, and the like. For the most part I’ve had them come to my house and dealt with them at my leisure. Then, I don’t care about no-shows and the like. Maybe as discussed before,...
by cashmoney
Tue Mar 26, 2019 4:55 pm
Forum: Personal Consumer Issues
Topic: TVs: OLED vs. QLED
Replies: 52
Views: 4107

Re: TVs: OLED vs. QLED

Which is worth the money? Is “burn in” a real concern? Dark room get OLED if there is alot of ambient light then QLED. One other TV I would consider if you watch alot of regular cable content vs 4k movies is the Sony 900f series because of great picture no matter what the ambient lighting and also ...
by cashmoney
Tue Mar 26, 2019 3:24 pm
Forum: Personal Consumer Issues
Topic: How to Sell a Wyland Painting on My Bathroom Wall?
Replies: 74
Views: 6340

Re: How to Sell a Wyland Painting on My Bathroom Wall?

It's not a very elaborate work, probably cheaper to commission him to paint another piece of sheetrock than preserve it. If that makes you think "what? no.", well, there's your answer. I agree.Looks like Wyland is running some specials on his original sketches right now as low as 750.00 ....https:/...
by cashmoney
Tue Mar 26, 2019 1:41 pm
Forum: Investing - Theory, News & General
Topic: Why has the S&P500 gone up so much since 2009?
Replies: 37
Views: 4299

Re: Why has the S&P500 gone up so much since 2009?

https://finance.yahoo.com/chart/%5EGSPC#eyJpbnRlcnZhbCI6IndlZWsiLCJwZXJpb2RpY2l0eSI6MSwiY2FuZGxlV2lkdGgiOjEsInZvbHVtZVVuZGVybGF5Ijp0cnVlLCJhZGoiOnRydWUsImNyb3NzaGFpciI6dHJ1ZSwiY2hhcnRUeXBlIjoibGluZSIsImV4dGVuZGVkIjpmYWxzZSwibWFya2V0U2Vzc2lvbnMiOnt9LCJhZ2dyZWdhdGlvblR5cGUiOiJvaGxjIiwiY2hhcnRTY2FsZSI...
by cashmoney
Tue Mar 26, 2019 10:06 am
Forum: Personal Consumer Issues
Topic: TVs: OLED vs. QLED
Replies: 52
Views: 4107

Re: TVs: OLED vs. QLED

Which is worth the money? Is “burn in” a real concern? Dark room get OLED if there is alot of ambient light then QLED. One other TV I would consider if you watch alot of regular cable content vs 4k movies is the Sony 900f series because of great picture no matter what the ambient lighting and also ...
by cashmoney
Mon Mar 25, 2019 10:59 am
Forum: Personal Consumer Issues
Topic: How to Sell a Wyland Painting on My Bathroom Wall?
Replies: 74
Views: 6340

Re: How to Sell a Wyland Painting on My Bathroom Wall?

OP I would guess as another poster noted that the gallery gave you an estimate of *retail* value of painting not what they were willing to pay. You very likely won't get anywhere near retail. Putting aside the complications of the medium the painting is on here, very likely if you were to sell to a...
by cashmoney
Mon Mar 18, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Worth claiming life insurance death benefit?
Replies: 31
Views: 3370

Re: Worth claiming life insurance death benefit?

Wow crazy! That is a very long time to not change your beneficiary. I agree it is unlikely to be worth it. Say it was 10k which would be a decent sum back then. Now you would be splitting it with all of the grandkids (cousins) plus of any cousins passed already their kids. That is a LOT of death ce...
by cashmoney
Mon Mar 18, 2019 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Worth claiming life insurance death benefit?
Replies: 31
Views: 3370

Re: Worth claiming life insurance death benefit?

My DW was executrix to a relative's estate. She closed the estate about 2 years ago. Out of the blue, a letter from AIG arrives, addressed to the dead relative's father. Turns out the dead relative had a life insurance policy with her father as beneficiary. No mention of the amount of the policy. S...
by cashmoney
Sat Mar 16, 2019 1:37 pm
Forum: Personal Consumer Issues
Topic: New HVAC systems before selling home
Replies: 29
Views: 2121

Re: New HVAC systems before selling home

As long as it still works I wouldn't. I would feel good about the timing the sale of my house right before a big expenditure needed to be made of course with full disclosure.The buyer may ding you for an old HVAC but they definitely won't pay 14k more just because it has a new HVAC
by cashmoney
Fri Mar 15, 2019 3:04 pm
Forum: Personal Consumer Issues
Topic: Can I still use/sell a three-year old new laptop battery?
Replies: 18
Views: 802

Re: Can I still use/sell a three-year old new laptop battery?

I had an extra Lenovo laptop battery - still in its original sealed packaging. I've kept it at room temperature in a drawer for three years. Is there any danger to using it? Does it have any sale value? I don't want it any more. list it just like that on ebay and somebody will buy it.You can check ...
by cashmoney
Fri Mar 15, 2019 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Massive Increase in Long Term Care Insurance for My Parents - Can They?
Replies: 65
Views: 4859

Re: Massive Increase in Long Term Care Insurance for My Parents - Can They?

Hi, I am sure the answer is "yes they can" but it certainly seems crazy what I am about to write and I would like any advice about anything I can do. Here is the situation: My parents are 90 (mom) and 89 (Dad). They have been paying on an Allstate "Nursing Home" policy since 1986. Last year my Dad ...
by cashmoney
Thu Mar 14, 2019 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: independent contractor but I didn't receive 1099-MISC
Replies: 3
Views: 404

Re: independent contractor but I didn't receive 1099-MISC

I am an independent contractor and fill out Schedule C. Some of the companies for whom I've worked did not send me a 1099-MISC. Do I need to contact them to ask them to send me one, or can I just include that income on Schedule C, even without their 1099-MISC? You can create an account and view and...
by cashmoney
Thu Mar 14, 2019 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Helping my mother choose an annuity
Replies: 10
Views: 1059

Re: Helping my mother choose an annuity

I wouldn't split it between 2 companies because you are doubling the admin cost.Look in to 1035 exchange if available for this transaction.
by cashmoney
Tue Mar 12, 2019 6:53 pm
Forum: Personal Consumer Issues
Topic: lawn care cost
Replies: 57
Views: 3939

Re: lawn care cost

I'm thinking of hiring for my lawn care, I have a 0.25 acre lot, about 1/2 of it is the house, flat terrain. Just for mowing I'm getting quoted in columbus ohio for 40 dollars by high school student. Is that considered a good deal? I mean I'm a pretty cheap guy. I could mow my lawn in about 30 minu...
by cashmoney
Tue Mar 12, 2019 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly parent on path to run out of money in 6 months
Replies: 35
Views: 9039

Re: Elderly parent on path to run out of money in 6 months

First thing is if he qualifies for a Medicare Savings Program it will save him 135.50 per month for his Medicare part B .Each state is different but lower than 1350.00 monthly income probably qualifies in most states. https://www.medicare.gov/your-medicare-costs/get-help-paying-costs/medicare-saving...
by cashmoney
Wed Mar 06, 2019 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: PurePoint offering 2.6% Penalty Free CD
Replies: 5
Views: 951

Re: PurePoint offering 2.6% Penalty Free CD

PurePoint is offering a 2.60% Penalty Free CD currently. Apparently they are a division of MUFG Union Bank, which is a subsidiary of Mitsubishi UFJ Financial Group (MUFG). https://www.purepoint.com/online-banking/certificates-of-deposit/no-penalty-cds Has anyone heard of them or used them? Thoughts...
by cashmoney
Tue Mar 05, 2019 7:43 pm
Forum: Personal Investments
Topic: Should I offer advice to friend who has entire college fund in PG?
Replies: 28
Views: 2487

Re: Should I offer advice to friend who has entire college fund in PG?

Jack FFR1846 wrote:
Tue Mar 05, 2019 2:52 pm
One word.......Polaroid

Or two letters.. GE
by cashmoney
Wed Feb 27, 2019 4:01 pm
Forum: Personal Investments
Topic: CD Rates - Banks vs Brokerages
Replies: 2
Views: 444

Re: CD Rates - Banks vs Brokerages

Was looking at 2 year rates for comparison for CD's between "banks" and brokerages. Saw these rates at bankrate.com https://i.imgur.com/XEB2hS7.png At Schwab and Fidelity - rate were lower than the banks but about equal for brokerages. https://i.imgur.com/nD9nhUS.png What explains this difference ?...
by cashmoney
Tue Feb 26, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care policy question
Replies: 10
Views: 711

Re: Long term care policy question

I retired last year and have continued to pay on LTC policy I originally acquired through job. I know very little about LTC policies and was wondering if you people think this is worth keeping? Policy is with CNA. Cost $320 a year Lifetime max $200K LTC benifit 100% of eligible expense per day of n...
by cashmoney
Tue Feb 26, 2019 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare choices
Replies: 82
Views: 5384

Re: Medicare choices

I know it is a personal decision, but I was just wondering if the community had any thoughts on the choice of regular Medicare vs Medicare Advanta They both have their positive and negative aspects. I'm having a hard time deciding between the two. I am 64, single, no spouse, have no medical issues ...
by cashmoney
Tue Feb 26, 2019 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare choices
Replies: 82
Views: 5384

Re: Medicare choices

One thing to consider, in terms of whether "plain vanilla Medicare" is sufficient: It typically does NOT include medical care outside the USA, so if you are doing - or plan to do - international travel, you'll want some sort of supplemental plan OR be sure to get travel insurance each time you leav...