Search found 4542 matches

by RickBoglehead
Thu Nov 21, 2019 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Any penalties for switching Auto insurance
Replies: 3
Views: 156

Re: Any penalties for switching Auto insurance

"Advantage on coverage"?

No, but you may lose an "advantage on service".
by RickBoglehead
Thu Nov 21, 2019 9:48 am
Forum: Personal Consumer Issues
Topic: Vacuum recommendations
Replies: 37
Views: 1583

Re: Vacuum recommendations

BTW, physically and mechanically there is no reason for a vacuum cleaner to have reduced performance after 10 years that cannot be fixed with cleaning it and removing things that block airflow that shouldn't be there. This ^^^ People just buy replacements without investigating WHY something is not ...
by RickBoglehead
Thu Nov 21, 2019 9:23 am
Forum: Personal Consumer Issues
Topic: Water heater - am I getting ripped off
Replies: 49
Views: 2808

Re: Water heater - am I getting ripped off

Why would you need a permit or inspection to replace an appliance? Do you also need one when replacing a refrigerator, washing machine or stove? And if you do, how would the county know about the replacement in the first place? Does Home Depot report to the county on every water heater sale? They w...
by RickBoglehead
Thu Nov 21, 2019 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Yet another "do I need Umbrella insurance post?"
Replies: 12
Views: 440

Re: Yet another "do I need Umbrella insurance post?"

You've actually asked it several times - :D https://www.bogleheads.org/forum/viewtopic.php?f=2&t=218682&p=3364741&hilit=umbrella#p3364741 https://www.bogleheads.org/forum/viewtopic.php?f=2&t=234407&p=3661245&hilit=umbrella#p3661245 https://www.bogleheads.org/forum/viewtopic.php?f=2&t=264665&p=422642...
by RickBoglehead
Thu Nov 21, 2019 9:12 am
Forum: Personal Consumer Issues
Topic: Water heater - am I getting ripped off
Replies: 49
Views: 2808

Re: Water heater - am I getting ripped off

Keep in mind that the cost to pull a permit varies. In my town, it would be $30 for the permit, $50 for an inspection, and $6 for the water heater = $86. Where we have our cottage, the cost would be $55. Why would you need a permit or inspection to replace an appliance? Do you also need one when re...
by RickBoglehead
Thu Nov 21, 2019 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Just had my credit cards stolen
Replies: 41
Views: 2749

Re: Just had my credit cards stolen

My primary daily use (and recurring use) card is also Citi Double Cash. I was thinking of calling Citi and asking if they could issue me a separate DC card that I could use only for recurring charges. Don’t know if they’d allow it, but thought I’d try. This is exactly what we do with Fidelity (Elan...
by RickBoglehead
Thu Nov 21, 2019 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Auto insurance company pays less than 1/3rd of windshield damage
Replies: 18
Views: 994

Re: Auto insurance company pays less than 1/3rd of windshield damage

As stated, you can choose to go anywhere to get a windshield replaced, but you need to operate within the parameters of your policy, which means that an estimate of repairs should have been sent to them, approved, and then the work done. You didn't do this. Many car dealers simply sub the work out. ...
by RickBoglehead
Thu Nov 21, 2019 7:38 am
Forum: Personal Investments
Topic: Which 529 Plan?
Replies: 10
Views: 693

Re: Which 529 Plan?

Make sure you understand what you're comparing. As with investments in non-529 accounts, several things matter - total return, investment choices, ease of use, contribution limits, etc. In addition, make sure you go to the SOURCE to compare the plans before you make a final decision, in case a summa...
by RickBoglehead
Thu Nov 21, 2019 6:29 am
Forum: Personal Finance (Not Investing)
Topic: Is it practical to DIY transfer of non-probate assets?
Replies: 10
Views: 694

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

Quick research confirms no inheritance tax in PA for spousal assets. OP had inheritance tax prior due to his father passing assets to him. Paying taxes that you don't owe is simply wrong. If OP is simply leaving his assets to his spouse, should be easy, can figure out IRA options well before OP pass...
by RickBoglehead
Wed Nov 20, 2019 2:42 pm
Forum: Personal Consumer Issues
Topic: Water heater - am I getting ripped off
Replies: 49
Views: 2808

Re: Water heater - am I getting ripped off

Keep in mind that the cost to pull a permit varies.

In my town, it would be $30 for the permit, $50 for an inspection, and $6 for the water heater = $86. Where we have our cottage, the cost would be $55.
by RickBoglehead
Wed Nov 20, 2019 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Entrance Fee for Retirement Community
Replies: 45
Views: 6270

Re: Entrance Fee for Retirement Community

Update. Last week we paid a refundable deposit for one of the newest and nicest CCRCs in the area, only five miles from our home. We are on a waiting list and could wait at least three years to get an acceptable unit, in independent living. After independent living, if needed, we would receive prio...
by RickBoglehead
Wed Nov 20, 2019 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Car negotiation question
Replies: 47
Views: 3262

Re: Car negotiation question

Prior to getting access to Ford's X-Plan, and then Ford's A-Plan, I hated buying a vehicle, despite having been trained in sales by one of the top companies in the world (Fortune 50), and knowing every technique. Many years ago, we lived in a town that had basically one of every dealership. This was...
by RickBoglehead
Wed Nov 20, 2019 1:59 pm
Forum: Personal Consumer Issues
Topic: Water heater - am I getting ripped off
Replies: 49
Views: 2808

Re: Water heater - am I getting ripped off

Water heater has developed a small leak. The heater is 15 years old, so basically time for a replacement. I called one of the very reputable companies around here, they only do water heaters (based on a friend's suggestion). They quoted $1500 for the following: 0. Delivery of new water heater 1. Br...
by RickBoglehead
Wed Nov 20, 2019 11:50 am
Forum: Personal Consumer Issues
Topic: Should my retired parents get insurance with a death benefit?
Replies: 10
Views: 417

Re: Should my retired parents get insurance with a death benefit?

Most financially-savvy people get a term policy when they have a family, that often expires around age 60 or so. In other words, they have no insurance in place at age 70+. Why? Because they have built their assets up and are prepared for retirement, and not to be a burden to their children at death...
by RickBoglehead
Wed Nov 20, 2019 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Car negotiation question
Replies: 47
Views: 3262

Re: Car negotiation question

Costco's program is supposed to provide a competitive price. Some can negotiate better, some cannot. People advocate traveling to other states for better deals, but most manufacturers will give you the rebates for where you are going to register the vehicle, not from where you buy it. Most people ar...
by RickBoglehead
Wed Nov 20, 2019 7:58 am
Forum: Personal Investments
Topic: Leaving large amount of money in savings at 0.05%?
Replies: 20
Views: 2155

Re: Leaving large amount of money in savings at 0.05%?

The only thing I worry about with an online bank is getting hacked and losing my money or something. I guess maybe I'm being ridiculous, but I like it in a brick and mortar bank/credit union. Really though, it's not PHYSICALLY even at my bank! Because your brick and mortar credit union has no onlin...
by RickBoglehead
Wed Nov 20, 2019 7:57 am
Forum: Personal Finance (Not Investing)
Topic: High Mortgage
Replies: 14
Views: 1810

Re: High Mortgage

Thank you for all of the suggestions! :happy I briefly looked at refinancing, but I was discouraged by the cost, I calculate between 3-6% of the principle (12k to 24k on a 400k loan amount). Am I calculating the cost of refinancing incorrectly? When I say 50% saving, it is all going into index fund...
by RickBoglehead
Wed Nov 20, 2019 7:53 am
Forum: Investing - Theory, News & General
Topic: market went down in 2018, so why do people forget that
Replies: 48
Views: 4916

Re: market went down in 2018, so why do people forget that

The S&P went down in the calendar year of 2018. I believe down by 6%. But it seems like people talk about a long bull market. We can get into the definition of a bear if needed ,but in the big picture, the market went DOWN in 2018. Not up. So we havent been positive for too long. its nice that we p...
by RickBoglehead
Wed Nov 20, 2019 7:51 am
Forum: Personal Investments
Topic: For those who invest in Merrill Edge, what are you invested in?
Replies: 20
Views: 1058

Re: For those who invest in Merrill Edge, what are you invested in?

What do you guys invest in Merrill Edge? I'm confused. Isn't Merrill Edge a brokerage account? If so, it's basically the same as a brokerage account at Fidelity, Vanguard, Schwab, ... Right? If that's the case, then one can invest in almost anything, no? Yeah this is all obvious, but I'm going to t...
by RickBoglehead
Wed Nov 20, 2019 7:43 am
Forum: Personal Investments
Topic: For those who invest in Merrill Edge, what are you invested in?
Replies: 20
Views: 1058

Re: For those who invest in Merrill Edge, what are you invested in?

Blue456 wrote:
Wed Nov 20, 2019 7:41 am
What do you guys invest in Merrill Edge?
I'm confused. Isn't Merrill Edge a brokerage account? If so, it's basically the same as a brokerage account at Fidelity, Vanguard, Schwab, ... Right?

If that's the case, then one can invest in almost anything, no?
by RickBoglehead
Wed Nov 20, 2019 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Is it practical to DIY transfer of non-probate assets?
Replies: 10
Views: 694

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

Don't know what the 5% fee was. If it goes through Probate, each state has fees often tied to the level of assets. As noted, if you have your wife as a beneficiary on a non-retirement account, she simply contacts the institution and they will tell her what needs to be done to transfer an account to ...
by RickBoglehead
Wed Nov 20, 2019 7:24 am
Forum: Personal Investments
Topic: 529 in S&P fund, child senior in HS
Replies: 18
Views: 912

Re: 529 in S&P fund, child senior in HS

The fund says it is up 26.46% this year! Next year is the first college tuition payment. I may have enough for 3 years, depending on the school. I am thinking of taking it all and transferring it to something extremely safe. I don’t trust the immediate future. Im in Franklin Templeton’s “NJ’s Best”...
by RickBoglehead
Wed Nov 20, 2019 6:04 am
Forum: Personal Investments
Topic: Leaving large amount of money in savings at 0.05%?
Replies: 20
Views: 2155

Re: Leaving large amount of money in savings at 0.05%?

Yes, you should put the funds Ina money market at least. Or a high yield savings account at Ally. Or a No Penalty CD at Ally. Or all of the above.
by RickBoglehead
Tue Nov 19, 2019 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits for Widow of a Veteran
Replies: 6
Views: 633

Re: Benefits for Widowed Veteran

She should be able to get a burial benefit from Social Security of $255, one-time payment.
by RickBoglehead
Tue Nov 19, 2019 7:32 pm
Forum: Personal Consumer Issues
Topic: Skin lotion for old skin
Replies: 28
Views: 2263

Re: Skin lotion for old skin

What does his doctor say? Or his dermatologist? Just because this forum skews older, and may be dry and flaky also :twisted:, doesn't mean you shouldn't seek out real medical advice.
by RickBoglehead
Tue Nov 19, 2019 7:30 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffet says NOT to diversify?
Replies: 35
Views: 4062

Re: Warren Buffet says NOT to diversify?

To me, this is a great example of the danger of sound bites.
by RickBoglehead
Tue Nov 19, 2019 4:27 pm
Forum: Personal Consumer Issues
Topic: computers/programs/sites changing
Replies: 24
Views: 1667

Re: computers/programs/sites changing

Well, not a debate, but open to suggestions: As you know, blick changed their display, there are a couple of other places I go that have changed theirs, and now dropbox is changing, demanding money or help for others. Most/all of my constantly used files are in dropbox, and I no longer want to be a...
by RickBoglehead
Tue Nov 19, 2019 10:28 am
Forum: Personal Consumer Issues
Topic: What are you paying for car, home and umbrella insurance?
Replies: 23
Views: 1236

Re: What are you paying for car, home and umbrella insurance?

No one can tell you that. Why? Because insurance is based on a multitude of factors, including where you live, what you own, your insurance score (partly based on credit), what limits you have, what deductibles you have, and WHO you are insuring. Add a early 20s young person, especially male, and yo...
by RickBoglehead
Tue Nov 19, 2019 10:24 am
Forum: Personal Consumer Issues
Topic: Any experience with Hyatt Legal Plans?
Replies: 25
Views: 12127

Re: Any experience with Hyatt Legal Plans?

Using Hyatt is no different from not using Hyatt, except for the cost. Some plans give you certain things for no charge (besides the plan charge), other plans give you a discount on certain things. We used Hyatt on an estate - was a "free benefit" of having a MetLife insurance policy (MetLife owns H...
by RickBoglehead
Mon Nov 18, 2019 10:28 pm
Forum: Personal Consumer Issues
Topic: Concerns about Cloud and privacy warranted?
Replies: 6
Views: 712

Re: Concerns about Cloud and privacy warranted?

mhalley wrote:
Mon Nov 18, 2019 10:28 pm
I think the ship has sailed on privacy. I don’t think paid antivirus is needed. I use windows defender.
https://www.pcworld.com/article/3434097 ... tware.html
Right. Paying is unnecessary.
by RickBoglehead
Mon Nov 18, 2019 3:06 pm
Forum: Personal Consumer Issues
Topic: OMG My New House is SO Drafty!
Replies: 50
Views: 5647

Re: OMG My New House is SO Drafty!

I'm really surprised that a reputable General Contractor wouldn't have evaluated the insulation and weather-tightness in a year long renovation. Shocked actually.
by RickBoglehead
Mon Nov 18, 2019 12:12 pm
Forum: Personal Investments
Topic: Just noticed my credit unions cd rates are cut in half?
Replies: 6
Views: 782

Re: Just noticed my credit unions cd rates are cut in half?

Can rates change once you have a cd?
[/quote]

Once you buy a CD, that rate is fixed, unless you buy a raise your rate CD that allows you to select a time or two to raise it.

I got 2.3% 11 month CDs at Ally in September. That rate is now 1.9%.
by RickBoglehead
Mon Nov 18, 2019 7:19 am
Forum: Personal Consumer Issues
Topic: morality, kids, tuition etc
Replies: 68
Views: 4033

Re: morality, kids, tuition etc

I see no problem in giving a child the choice of WHERE to spend the money - community college, 4 year college, grad school. I see the problem with providing them a financial incentive to choose a lesser option. We had 529s for our two boys that went to 4 year colleges, and grad school. All paid for,...
by RickBoglehead
Mon Nov 18, 2019 6:55 am
Forum: Personal Consumer Issues
Topic: Good DNS to use?
Replies: 15
Views: 1373

Re: Good DNS to use?

BolderBoy wrote:
Sun Nov 17, 2019 10:59 pm
bertilak wrote:
Sun Nov 17, 2019 7:43 pm
Is there a good test I can run to evaluate DNS server speed?
There is a good test you can run.

"Gibson Research's DNSBenchmark": https://www.grc.com/dns/benchmark.htm
Gibson Research is a great company.
by RickBoglehead
Mon Nov 18, 2019 6:13 am
Forum: Personal Consumer Issues
Topic: morality, kids, tuition etc
Replies: 68
Views: 4033

Re: morality, kids, tuition etc

Giving an 18 year old that choice, when they are not really equipped to understand the ramifications, is unfair.
by RickBoglehead
Sun Nov 17, 2019 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Plug-in Hybrid Federal Tax Credit
Replies: 20
Views: 1459

Re: Plug-in Hybrid Federal Tax Credit

I am going to claim this year for a Nissan Leaf. My understanding is you just fill out the tax form with VIN. The dealer was completely unhelpful. Said as far as they know the car qualifies but beyond that filing for it was completely up to us. We just took a leap of faith that we had everything we...
by RickBoglehead
Sun Nov 17, 2019 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card bonus question
Replies: 5
Views: 537

Re: Credit card bonus question

Terms are up to them. My take.

1). Activation

2) Date of charge
by RickBoglehead
Sun Nov 17, 2019 5:27 pm
Forum: Personal Consumer Issues
Topic: Considering strategy of dealer financing for the bonus then an immediate payoff
Replies: 4
Views: 434

Re: Considering strategy of dealer financing for the bonus then an immediate payoff

In general, Ford Finance pays the largest rebate if you finance and take a non-discounted rate. That might be 5 or 6%. Days later you can refinance at a credit union, or pay it off in full. There are no prepayment penalties. The dealer will not get a kickback from Ford if you don't wait 90 days, but...
by RickBoglehead
Sun Nov 17, 2019 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: What household income is considered "comfortable" where you live?
Replies: 10
Views: 1369

Re: What household income is considered "comfortable" where you live?

Haven't done a survey to ask. People don't talk about their incomes, nor whether they feel comfortable or not.
by RickBoglehead
Sun Nov 17, 2019 2:33 pm
Forum: Personal Investments
Topic: Wife is LLC | Health Ins for her on my plan or her solo for write off?
Replies: 6
Views: 409

Re: Wife is LLC | Health Ins for her on my plan or her solo for write off?

1) Absolutely not.

2) Unlikely. Quite easy to run the numbers through tax software and see though.
by RickBoglehead
Sun Nov 17, 2019 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Plug-in Hybrid Federal Tax Credit
Replies: 20
Views: 1459

Re: Plug-in Hybrid Federal Tax Credit

Yes, when you file.

You fill out form 8936.

$4,502.00.
by RickBoglehead
Sun Nov 17, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Should I refinance?
Replies: 5
Views: 406

Re: Should I refinance?

Hello all, I recently bought a new home earlier this year, but had locked in the interest rate three months in advance. I have a 15/1 ARM at 4%. My mortgage for was for $550,000, I am paying enough monthly to pay off in 15 years. My current balance is $538,000. I didn’t shop around too much when I ...
by RickBoglehead
Sun Nov 17, 2019 8:42 am
Forum: Personal Investments
Topic: Factoring heirs into overall asset allocation
Replies: 10
Views: 726

Re: Factoring heirs into overall asset allocation

Unless you are discussing this with heirs, and amounts, then do whatever you want. For example, we have 529s for future grandchildren set at 100% Total Stock Market. 18+ years away, except for one step grandchild that is 10 (marriage last year). 529 current balance could find 3 or more grandkids. Ev...
by RickBoglehead
Sun Nov 17, 2019 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Which Life Insurance company to go with? And other questions
Replies: 18
Views: 1110

Re: Which Life Insurance company to go with? And other questions

You can lookup insurance company ratings. Our son just went with Lincoln Financial after doing his investigating.
by RickBoglehead
Sun Nov 17, 2019 8:05 am
Forum: Personal Consumer Issues
Topic: Right click to re-open closed tab/window not working ?
Replies: 11
Views: 753

Re: Right click to re-open closed tab/window not working ?

fru-gal wrote:
Sun Nov 17, 2019 7:54 am
And people ask me why I don't update.
If you view this as a reason to still use Windows XP to browse the internet, it's not, as explained in prior threads.
by RickBoglehead
Sun Nov 17, 2019 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Moonlighting - get paid as 1099 vs single member LLC?
Replies: 22
Views: 1557

Re: Moonlighting - get paid as 1099 vs single member LLC?

tiburblium wrote:
Fri Nov 15, 2019 7:16 pm

He offered to pay me as a 1099 contractor...
That's nice, but your old contact apparently does not know that he doesn't get to decide if you're an employee or a contractor. Government decides...
by RickBoglehead
Sun Nov 17, 2019 7:53 am
Forum: Personal Consumer Issues
Topic: Deal finding websites
Replies: 10
Views: 994

Re: Deal finding websites

Will those search continously and notify me of price drops? Black Friday and holiday sales are coming up. In reality, it is up to you to constantly check prices, unless deal sites track the exact item (brand and model) you want. Some stores have price guarantees, for example Costco matches themselv...
by RickBoglehead
Sun Nov 17, 2019 7:49 am
Forum: Personal Investments
Topic: How are the Dividends in Roth IRA calculated?
Replies: 18
Views: 779

Re: How are the Dividends in Roth IRA calculated?

Frugalbear wrote:
Sun Nov 17, 2019 7:43 am

100% VTSAX.... I added it to the question too.
Did you look on Vanguard's site?

https://investor.vanguard.com/mutual-fu ... ions/vtsax

Looks like maybe $.34 per share around 12/20.