Search found 275 matches

by MarkerFM
Mon Jun 01, 2020 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: FL Snowbirds with Second Homes - Give Me Pros/Cons of Owning Our Own vs Renting Seasonal
Replies: 73
Views: 6360

Re: FL Snowbirds with Second Homes - Give Me Pros/Cons of Owning Our Own vs Renting Seasonal

We own a condo in a small community with a few houses and casitas by the pool that can be occupied. The detached houses pay a fee to the community association. Someone living in a condo who also owns a casita would pay three different fees.
by MarkerFM
Sun May 31, 2020 11:47 am
Forum: Personal Finance (Not Investing)
Topic: FL Snowbirds with Second Homes - Give Me Pros/Cons of Owning Our Own vs Renting Seasonal
Replies: 73
Views: 6360

Re: FL Snowbirds with Second Homes - Give Me Pros/Cons of Owning Our Own vs Renting Seasonal

another con to vacation home ( other than taxes, upkeep and everything already mentioned) is a lack of variety my spouse and I plan to change our retirement destination frequently- time in florida, costa rica, europe , etc. but we need much more variety that going to the same place over and over. t...
by MarkerFM
Sat May 30, 2020 5:06 pm
Forum: Personal Consumer Issues
Topic: How to get back fees paid to telemedicine provider?
Replies: 30
Views: 1830

Re: How to get back fees paid to telemedicine provider?

Check GoodRx for a coupon for the brand name medication ScriptHero is another place to check. I recently had to start a new med that was $200/month through insurance and $55 using a ScriptHero coupon. This for the brand name drug. There is a generic available but BCBS still only gets that down to $...
by MarkerFM
Fri May 29, 2020 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: FL Snowbirds with Second Homes - Give Me Pros/Cons of Owning Our Own vs Renting Seasonal
Replies: 73
Views: 6360

Re: FL Snowbirds with Second Homes - Give Me Pros/Cons of Owning Our Own vs Renting Seasonal

We have a condo in FL and spend the summer/early fall in the northeast. Many good points about your finances, travel back and forth, and renting vs. owning have been made. I want to second the poster who said not to go cheap and advise you to make sure you are comfortable in whatever dwelling/commun...
by MarkerFM
Mon May 25, 2020 9:06 am
Forum: Personal Consumer Issues
Topic: Update current laptop or buy new one?
Replies: 45
Views: 2796

Re: Update current laptop or buy new one?

I have a 2014 Dell laptop. I upgraded to SSD a few years ago and it made a big difference. I also upgraded the RAM. It felt a bit laggy to me on some websites, so I ordered a new Dell. After messing around trying to get rid of crapware and getting the settings I like, I realized it wasn't much faste...
by MarkerFM
Sun May 24, 2020 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: What do people spend money on?
Replies: 52
Views: 4990

Re: What do people spend money on?

Been there, done that. Looking at my peers in similar financial situations, everyone has a different set of preferences for spending money you don't really need to live on. Some prioritize cars, houses, travel, philanthropy, art, etc. We gave our kids the gift of education and are currently gifting ...
by MarkerFM
Thu May 21, 2020 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: How to convince amazon.com - Spending is difficult and confusing to track
Replies: 17
Views: 2155

Re: How to convince amazon.com - Spending is difficult and confusing to track

Looking at my Amazon account, I place about 250 orders per year from them. I also track every charge in Quicken and I've never had an issue with this. I don't tend to order many items in one order since we have Prime and there is no advantage to ordering more than one item in an order.
by MarkerFM
Wed May 20, 2020 9:48 am
Forum: Personal Consumer Issues
Topic: Hot Tub hard water
Replies: 8
Views: 567

Re: Hot Tub hard water

You should be testing your water regularly to balance the chemicals. Daily is best, but at least weekly. Hopefully you have a good local pool store. They will test your water for free and tell you what to do. As you get more proficient, it is a simple matter to read the test strips and add the prope...
by MarkerFM
Mon May 18, 2020 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: How did you set up your trust distributions?
Replies: 39
Views: 2512

Re: How did you set up your trust distributions?

When our children were young, we provided that if there was no surviving spouse assets would be placed in trust for the three children. A single trust with each child having a separate share. All income would be distributed annually, and principal could be a invaded per an ascertainable standard. T...
by MarkerFM
Sun May 17, 2020 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: How did you set up your trust distributions?
Replies: 39
Views: 2512

Re: How did you set up your trust distributions?

When our children were young, we provided that if there was no surviving spouse assets would be placed in trust for the three children. A single trust with each child having a separate share. All income would be distributed annually, and principal could be a invaded per an ascertainable standard. T...
by MarkerFM
Sun May 17, 2020 1:10 pm
Forum: Personal Consumer Issues
Topic: Is there a Cable Guy in the House?
Replies: 42
Views: 3568

Re: Is there a Cable Guy in the House?

The simplest solution is to move your modem and router to where the TV cable outlet is and just run a short ethernet cable from the router to the TV. This and the mesh system should give you great streaming TV and still good Internet in the rest of your house. I have done this for both of the primar...
by MarkerFM
Tue May 12, 2020 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card chargeback
Replies: 6
Views: 821

Re: Credit card chargeback

For an amount that small, I would not even bother contacting the merchant. Just file an online dispute. Amex and Citibank grant small disputes immediately, presumable per their merchant agreement.
by MarkerFM
Tue May 12, 2020 1:46 pm
Forum: Personal Consumer Issues
Topic: New convertible under 50k?
Replies: 39
Views: 2428

Re: New convertible under 50k?

Another vote for BMW 4 series but used, not new. They have a hardtop and the way it takes itself apart to go into the trunk is poetry in motion. Also quieter and maybe? more safe than a ragtop. Tons of fun. Because of the issues with size, limit on use with top down, not wanting to use as a highway ...
by MarkerFM
Sun May 10, 2020 1:40 pm
Forum: Personal Consumer Issues
Topic: Advice on buying a house with leaky roof (fixed ~1 week ago)
Replies: 34
Views: 2392

Re: Advice on buying a house with leaky roof (fixed ~1 week ago)

Below is my checklist to get to this stage (if others want to use it for their own hunt): - HVAC (~2 month old) - ~10 yr old water heater - No Washer/Dryer so we will buy and install - Good floors on main upper levels (having personally done some in the past) - Bathrooms flooring are even and clean...
by MarkerFM
Sat May 02, 2020 11:10 am
Forum: Personal Consumer Issues
Topic: Neighbor’s contractor wants to access our property
Replies: 158
Views: 16254

Re: Neighbor’s contractor wants to access our property

Yes, this is crazy. One other suggestion I either didn't see or missed is to have the contractor add you as an additional insured on the contractor's liability and worker's comp policies (general liability and any underlying equipment policies, like auto). Just getting a certificate of insurance is ...
by MarkerFM
Thu Apr 30, 2020 4:41 pm
Forum: Personal Consumer Issues
Topic: Why doesn't Porsche have better resale value?
Replies: 50
Views: 5393

Re: Why doesn't Porsche have better resale value?

I think all expensive luxury vehicles (except for Lexus, which aren't generally quite as expensive) have shockingly fast depreciation for the first owner. Repair and maintenance costs as mentioned, sure. But I think the biggest reason is that they are aspirational brands for the owners who buy them ...
by MarkerFM
Wed Apr 29, 2020 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Will / Trust Question- Home Sale Issue. I need help.
Replies: 31
Views: 1307

Re: Will / Trust Question- Home Sale Issue. I need help.

This is a crazy position for a parent to put a child in. I'm thinking grandma knew her daughters were conniving and probably would waste the money, so that's why she did this. What is supposed to happen to grandma's other assets? If she had a $900,000 house, chances are there is more.
by MarkerFM
Mon Apr 27, 2020 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Carrying a big long mortgage
Replies: 92
Views: 6040

Re: Carrying a big long mortgage

I carry relatively large mortgage balances and the interest is not all deductible. Currently, the yield on my bond allocation is probably under a bit, but they are munis so it wouldn't be a lot. The yield on those bonds will change over time, but the rate on my mortgages will not. A key benefit of t...
by MarkerFM
Mon Apr 27, 2020 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: received Economic Impact Payment "stimulus" for 2018 deceased
Replies: 12
Views: 882

Re: received Economic Impact Payment "stimulus" for 2018 deceased

I don't understand the process behind determining the recipients of this benefit, but I'm curious how the IRS managed to send the benefit to an estate. I can understand the benefit coming in the name of a decedent but this is clearly to the estate of a decedent. Gill This happened to MIL's estate a...
by MarkerFM
Sun Apr 26, 2020 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Stimulus Check for Person Who Died in 2019
Replies: 27
Views: 2984

Re: Stimulus Check for Person Who Died in 2019

Same thing happened with my MIL. Except the payment was direct-deposited into her estate account. We are going to wait a few more days, then take the money and donate it to a charity my in-laws were extensively involved with. All three heirs agree. If the IRS later tries to claw it back, we will sim...
by MarkerFM
Sat Apr 25, 2020 12:42 pm
Forum: Personal Consumer Issues
Topic: Anyone plans to drive to the beachs in Florida in May?
Replies: 12
Views: 1528

Re: Anyone plans to drive to the beachs in Florida in May?

Some public beaches are open, but not for hanging out. You have to keep moving and practice social distancing. Private beaches (private access above the high tide line) are not restricted, but you would have to be staying in a place with private access. That being said, please don't come until thing...
by MarkerFM
Sat Apr 25, 2020 6:32 am
Forum: Personal Finance (Not Investing)
Topic: [Fidelity - Responsibility to track down beneficiaries on death]
Replies: 71
Views: 4206

Re: [Fidelity - Responsibility to track down beneficiaries on death]

Anyone know how much work it is to change beneficiaries in a will? I'm in my fifties, no kids or spouse, and my beneficiaries may well change over the years (for example, one of my beneficiaries is a charity; in 5 years I might decide to give to a different charity). In my state, changing one's wil...
by MarkerFM
Fri Apr 24, 2020 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: [Fidelity - Responsibility to track down beneficiaries on death]
Replies: 71
Views: 4206

Re: [Fidelity - Responsibility to track down beneficiaries on death]

Anyone know how much work it is to change beneficiaries in a will? I'm in my fifties, no kids or spouse, and my beneficiaries may well change over the years (for example, one of my beneficiaries is a charity; in 5 years I might decide to give to a different charity). Make a DAF the beneficiary and ...
by MarkerFM
Tue Apr 21, 2020 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Trusts/Wills/Etc
Replies: 13
Views: 986

Re: Trusts/Wills/Etc

Still working, high 40s age, mid 7 figures paper net worth, kids ages 9-15 Then, I highly recommend meeting with an attorney. Your net worth could easily grow to 8 figures at the same time the estate tax exemption drops back to ~$5 million in 2026. Thanks. I guess no "Quicken WillMaker" for me then...
by MarkerFM
Mon Apr 20, 2020 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: How many paid for kids' college?
Replies: 282
Views: 13482

Re: How many paid for kids' college?

We paid the entire cost of our two kids' college at highly competitive small, liberal arts colleges. One about $275K, the other about $290K. They never would have qualified for aid, and it would have been impossible for them to save or borrow enough. They received an allowance in addition, and also ...
by MarkerFM
Sun Apr 19, 2020 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody using a stock portfolio LOC?
Replies: 37
Views: 1574

Re: Anybody using a stock portfolio LOC?

Does anybody have any experience using a line of credit that is collateralized against your taxable investment accounts? I am considering going this route to fund expenses without having to liquidate any of my VTI which is obviously down considerably currently. The rate I have been quoted is LIBOR ...
by MarkerFM
Sun Apr 19, 2020 8:45 am
Forum: Personal Consumer Issues
Topic: Computers - Solid State Drive vs. Hard Disk Drive
Replies: 75
Views: 4091

Re: Computers - Solid State Drive vs. Hard Disk Drive

One thing to point out, which I don't think anybody touched on. From my experience, SSDs fail a lot less often than traditional hard drives, but when they do fail, they often fail completely --- the drive goes from working fine one day to being 100% inaccessible the next day. If you've had a tradit...
by MarkerFM
Sat Apr 18, 2020 1:02 pm
Forum: Personal Consumer Issues
Topic: Passport Covers and Camouflage Passports
Replies: 13
Views: 1220

Re: Passport Covers and Camouflage Passports

You could get one of these passports. https://www.kingofconch.com/citizenship/ https://conchrepublic.com/order-passports

Good at bars everywhere I'm sure.
by MarkerFM
Thu Apr 16, 2020 4:28 pm
Forum: Personal Consumer Issues
Topic: spin mops
Replies: 4
Views: 433

Re: spin mops

Bogle7 wrote:
Thu Apr 16, 2020 12:11 pm
My wife recently purchased this: O-Cedar EasyWring Microfiber Spin Mop, Bucket Floor Cleaning System
She says it works OK. And, it was only $30.
All because of putting the house cleaning service on Covid hold.
+1. We have one we use on tile porches and it does a good job.
by MarkerFM
Wed Apr 15, 2020 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Stimulus Check return for deceased
Replies: 6
Views: 699

Re: Stimulus Check return for deceased

My wife's mother died in early 2019 and we filed a 2019 return to get a small amount of withholding that wasn't necessary returned. I just looked in the estate account and sure enough, $1,200 was deposited yesterday. This is a problem for a few reasons. Foremost is that the government can't afford t...
by MarkerFM
Tue Apr 14, 2020 8:05 am
Forum: Personal Consumer Issues
Topic: Anyone Having Problems with Zappos Delivery?
Replies: 2
Views: 467

Anyone Having Problems with Zappos Delivery?

I'm wondering if anyone is having problems with Zappos or knows of any announced changes to their service. I could not find any announcements. We use Zappos to order shoes and clothes, although less and less because they essentially haven't updated their technology since Amazon bought them and the s...
by MarkerFM
Mon Apr 13, 2020 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: How did your spending change when your kids left the house?
Replies: 41
Views: 2895

Re: How did your spending change when your kids left the house?

The five years before our first (of two, one year apart in school) started college, we spent about $25K/year on direct expenses for them. They went to public schools K-12. This year, it will be about $2K, primarily travel costs to visit us, which we mostly pay. Direct costs only, we didn't measure i...
by MarkerFM
Wed Apr 08, 2020 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Establishing a memorial fund
Replies: 3
Views: 257

Re: Establishing a memorial fund

Sorry for your loss. Usually, you just contact the charities to let them know you are establishing a memorial in honor of your deceased and tell mourners what the charities are. They can then contribute directly to the charity. You will/should receive a list of donors but not the amounts. Don't expe...
by MarkerFM
Tue Apr 07, 2020 5:06 pm
Forum: Personal Consumer Issues
Topic: How would you handle this doctor billing issue?
Replies: 22
Views: 1548

Re: How would you handle this doctor billing issue?

When we bought a place in a new area a handful of years ago, the medical practice we wanted to join had this requirement. I called them and explained we wouldn't agree to that, and they didn't budge. So, we joined another practice and have been happy. For a behavioral therapist, it is a little more ...
by MarkerFM
Sun Apr 05, 2020 4:29 pm
Forum: Personal Consumer Issues
Topic: Should I cancel my travel in France and Belgium in mid May?
Replies: 75
Views: 5547

Re: Should I cancel my travel in France and Belgium in mid May?

We had a trip planned for the middle ten days of May to the south of France. Everything is now cancelled (only one deposit at a hotel that says they charge a 15EUR fee for cancellation) except the air travel, which was booked with points. I'm waiting to see if one of the flights gets cancelled or Am...
by MarkerFM
Fri Apr 03, 2020 9:35 am
Forum: Personal Consumer Issues
Topic: Should I keep paying fitness center fees while it is closed?
Replies: 114
Views: 6262

Re: Should I keep paying fitness center fees while it is closed?

I belong to Planet Fitness and have a month-to-month plan for $10. I have not heard whether they are suspending the fee while closed but will know for sure on April 15 when the next fee is supposed to be charged. I would not be upset to continue paying the fee because it Is a tiny amount, and the ow...
by MarkerFM
Sun Mar 29, 2020 8:05 am
Forum: Personal Consumer Issues
Topic: Costco Senior hour Tue and Thur
Replies: 70
Views: 5736

Re: Costco Senior hour Tue and Thur

My neighbor went to senior hours at our local supermarket and was in a long line at 6:45am for a 7:00am opening. A young man came from the parking lot and tried to cut in at the front of the line, but an old lady beat him back into the parking lot with her cane. He returned and tried to cut in again...
by MarkerFM
Fri Mar 27, 2020 4:39 pm
Forum: Personal Consumer Issues
Topic: Bosch Crystal Dry - any personal experiences with this witchcraft?
Replies: 40
Views: 5362

Re: Bosch Crystal Dry - any personal experiences with this witchcraft?

Odd that you would get so many responses that don't answer your question. Here's one that does. We have a Bosch-made, Thermador-branded dishwasher with this technology. It works. Not sure about how much energy it uses, but it does leave plastics dry. It has more bells and whistles than we can possib...
by MarkerFM
Fri Mar 27, 2020 9:31 am
Forum: Personal Consumer Issues
Topic: Ticks/Lyme/Prevention?
Replies: 19
Views: 972

Re: Ticks/Lyme/Prevention?

Sprays will have limited effect on ticks. If you are in a tick-infested area, the best way to avoid Lyme and other associated diseases is to stay clear of tall grass and low vegetation. Next is wearing clothes that cover your skin. No short, no sandals, long sleeves are better than short. The final ...
by MarkerFM
Wed Mar 25, 2020 4:34 pm
Forum: Personal Consumer Issues
Topic: Need help with a remodel and the contractor
Replies: 15
Views: 1039

Re: Need help with a remodel and the contractor

In addition to the GC responsibilities mentioned already, a couple of items we put into our reno contract with the GC for our protection that you may want to consider are: 1. GC pulled permits and was responsible for resolving inspection issues and providing the CO to us. 2. GC provided copies of h...
by MarkerFM
Wed Mar 25, 2020 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Gift Splitting Question-Which Account to Use?
Replies: 7
Views: 391

Re: Gift Splitting Question-Which Account to Use?

bsteiner wrote:
Wed Mar 25, 2020 1:35 pm
It depends. In most states, a joint account belongs to the one who put in the money (though the bank is protected if it pays to either one or follows the instructions of either one). But in New York, a joint account is presumed to belong to the parties equally.
Thanks, this is Florida.
by MarkerFM
Wed Mar 25, 2020 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Gift Splitting Question-Which Account to Use?
Replies: 7
Views: 391

Re: Gift Splitting Question-Which Account to Use?

Does anyone else want to weigh in on this? The original question in the thread referenced just above has been removed.
by MarkerFM
Wed Mar 25, 2020 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Gift Splitting Question-Which Account to Use?
Replies: 7
Views: 391

Gift Splitting Question-Which Account to Use?

I have a question about gift splitting. My wife and I each intend to give each of our children $15,000 a year but her taxable accounts do not generally maintain that amount of cash. We want to avoid filing Form 709 to elect gift splitting. The easiest way for her to make the gifts without having cas...
by MarkerFM
Tue Mar 24, 2020 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Updating my estate documents in COVID19 time
Replies: 25
Views: 1771

Re: Updating my estate documents in COVID19 time

We just finished signing two gift trusts, which we started before recent precautions were put in place. We are not under shelter in place orders, and do not consider ourselves to be in a high-risk category. Our primary attorney is self-isolating because he considers himself to be in a high-risk cate...
by MarkerFM
Tue Mar 24, 2020 8:05 am
Forum: Personal Consumer Issues
Topic: Need help with a remodel and the contractor
Replies: 15
Views: 1039

Re: Need help with a remodel and the contractor

The expectation of a 20% charge for all costs for your job is pretty standard, although a bit high maybe for a large job. We did a major kitchen renovation ($185K total cost) and had already sourced cabinets, stone and appliances. Pretty much all the materials for the job. The contractor charged 11%...
by MarkerFM
Wed Mar 18, 2020 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Easiest Way to do Tax What-Ifs Using Turbo-Tax?
Replies: 8
Views: 433

Re: Easiest Way to do Tax What-Ifs Using Turbo-Tax?

scifilover wrote:
Wed Mar 18, 2020 8:17 am
Go to View: Forms

Click Open Form

From the list of all forms find near the bottom, What if worksheet. Open this form.

Worksheet contains ability to do up to 3 scenarios with 2020 rates.
Or you can just search what-If and it will display the form without you having to scroll down and find it.
by MarkerFM
Mon Mar 16, 2020 11:51 am
Forum: Personal Consumer Issues
Topic: Are you still going to the gym ...
Replies: 210
Views: 12397

Re: Are you still going to the gym ...

I go to Planet Fitness three days a week for weight training, go to condo gym and country club gym for cardio three days a week. I decided today to substitute the condo gym for Planet Fitness. I was going to wait until someone in our area tested positive, but the small risk isn't worth it. The condo...
by MarkerFM
Sun Mar 15, 2020 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: How much should I convert to Roth given QCDs?
Replies: 14
Views: 544

Re: How much should I convert to Roth given QCDs?

Whether QCDs will be allowed forever is a question, but I would endorse your thinking. I did some Roth conversions in years past. After more planning and as time passed, we decided to donate all tax-deferred accounts (about 10% of net worth) to either charities directly (QCDs if available) during ou...
by MarkerFM
Thu Mar 12, 2020 3:10 pm
Forum: Personal Investments
Topic: Who is staying course and how are you dealing with net worth going down?
Replies: 359
Views: 25895

Re: Who is staying course and how are you dealing with net worth going down?

Starting to invest cash I have had sitting on the sidelines for a year or so. Tax Loss Harvesting where possible. Re-balance out of bonds into equities. Suspend extra principal payments on mortgage to invest more. I look at various things to get a sense of how crazy the market it. Today, one could g...