Search found 140 matches

by birnhamwood
Mon May 25, 2020 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Financial advice for undertaking a PhD
Replies: 44
Views: 2520

Re: Financial advice for undertaking a PhD

There are too many unanswered questions here for me to give good advice, e.g., your field, whether you will seek an academy, business (or other) position, whether this will be a US degree, private or public, etc. There's far more involved here than just the financial considerations (which seem to be...
by birnhamwood
Sun May 24, 2020 6:39 pm
Forum: Personal Consumer Issues
Topic: Should we drop our Long Term Care Insurance?
Replies: 15
Views: 1174

Re: Should we drop our Long Term Care Insurance?

" Have had LTC insurance . . . THROUGH EMPLOYER."

Perhaps your employer does not know about UNUM's appalling reputation ??

https://www.consumeraffairs.com/insurance/unum.html
by birnhamwood
Sun May 24, 2020 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Customer hasn't paid me not worth cost of lawyer but...
Replies: 40
Views: 4188

Re: Customer hasn't paid me not worth cost of lawyer but...

A letter to the Better Business Bureau got the immediate attention of a business that owed me $1300.

I was paid in full within two or three weeks.
by birnhamwood
Sun May 24, 2020 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Something Fishy Here?? [CARES payment received via prepaid Visa]
Replies: 43
Views: 4405

Re: Something Fishy Here?? [CARES payment received via prepaid Visa]

My brother has more income than I do and and he and wife got $1400 back whilst DW and I got only $370.

What the hey!

Thanks. I'm the OP.
by birnhamwood
Sat May 23, 2020 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Should I go to grad school?
Replies: 24
Views: 1588

Re: Should I go to grad school?

Yes, UW is an excellent school. Thanks

It would be a hard decision for me. Given your particular circumstances, I probably would not do it.

But best of luck whatever choice you make.
by birnhamwood
Sat May 23, 2020 3:25 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4383
Views: 1251737

Re: What Book Are You Currently Reading? Part VI

John Grisham's CAMINO ISLAND and CAMINO WINDS.

Fun reads.
by birnhamwood
Sat May 23, 2020 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Should I go to grad school?
Replies: 24
Views: 1588

Re: Should I go to grad school?

It's hard to imagine the "highly ranked" school you describe, unless only night and weekend schools are ranked. Frankly, the school sounds a little Trump Universityish. Hope I'm wrong.

I do not think you can get the good advice you need unless you name that school.
by birnhamwood
Fri May 22, 2020 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Something Fishy Here?? [CARES payment received via prepaid Visa]
Replies: 43
Views: 4405

Something Fishy Here?? [CARES payment received via prepaid Visa]

Today I received the following message in the U.S. mail, purportedly from "The Department of the Treasury." "Enclosed is your Economic Impact Payment Card (EIPC). This prepaid debit card is being sent to you on behalf ot the U.S. Depatment of the Treassury in place of a paper check. This card contai...
by birnhamwood
Wed May 20, 2020 6:50 pm
Forum: Personal Consumer Issues
Topic: Teaching and Running a Business
Replies: 11
Views: 777

Re: Teaching and Running a Business

I believe you are well intentioned, but there must be many better (and less risky) ways for a physician to contribute to the medical profession.
by birnhamwood
Tue May 19, 2020 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: New job / wife 33 weeks pregnant / paternity
Replies: 42
Views: 4307

Switching companies would be a step down in title and roughly the same money, so If your present company is also employee and family friendly, and if it's also financially stable and profitable (you did not say otherwise), why change?
by birnhamwood
Tue May 19, 2020 5:08 pm
Forum: Personal Consumer Issues
Topic: Teaching and Running a Business
Replies: 11
Views: 777

Re: Teaching and Running a Business

Will this be a for profit business?

Other than doctors and nurses, what job titles do you include in "health care providers" ?

Will you continue as a full time physician, or will you run this new business?

What content will you provide that is not available elsewhere?
by birnhamwood
Mon May 18, 2020 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Do you need to worry about receiving college financial aid in 15 years if...
Replies: 28
Views: 2346

Re: Do you need to worry about receiving college financial aid in 15 years if...

Stay out of the financial aid office.

Sometimes that's a front for the student loan companies.

(Retired professor, large university).
by birnhamwood
Mon May 18, 2020 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: USAA Investment Accounts Transfer to Schwab & Impact On USAA Multi Product Discount -
Replies: 5
Views: 435

Re: USAA Investment Accounts Transfer to Schwab & Impact On USAA Multi Product Discount -

Are you equating a "multiple product discount" with a "universal policy" ? My universal policy does not carry a banking requirement, only that I buy the high coverage for home and auto. I cannot see any reason why universal coverage (if that's what you're talking about) should be affected. USAA is a...
by birnhamwood
Fri May 15, 2020 10:48 pm
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10360

Re: Please tell me I'm not crazy

If Mama ain't happy, ain't nobody happy!
by birnhamwood
Mon May 11, 2020 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Setting up wife after devorce
Replies: 45
Views: 5900

Re: Setting up wife after devorce

I recommend the Netflex movie, MARRIAGE STORY.

The divorce begins amicably . . .

BUT . . .
by birnhamwood
Sun May 10, 2020 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Setting up wife after devorce
Replies: 45
Views: 5900

Re: Setting up wife after devorce

Sorry about the divorce.

This sounds generous, but (legally) only if it represents roughly half of your net worth.
by birnhamwood
Sat May 09, 2020 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Is my CPA overcharging me?
Replies: 24
Views: 3144

Re: Is my CPA overcharging me?

"I will receive another bill for about $175 for answering questions about the $750 bill and typing up the itemization."

I believe he is sending you a message! :^)
by birnhamwood
Sat May 09, 2020 1:58 pm
Forum: Personal Investments
Topic: Buying second home
Replies: 20
Views: 2432

Re: Buying second home

Consider waiting until your parents are gone, then put boots to the ground, go out to the mountain west, and pick out a home you know you'll like. Patience is the operative word here.
by birnhamwood
Wed May 06, 2020 8:01 pm
Forum: Personal Consumer Issues
Topic: Neighbor’s contractor wants to access our property
Replies: 158
Views: 16224

Re: Neighbor’s contractor wants to access our property

Just say "No, thank you. The subject is closed." No discussion.
by birnhamwood
Wed May 06, 2020 7:53 pm
Forum: Personal Investments
Topic: How do I get out of home a partnership agreement?
Replies: 42
Views: 3023

Re: How do I get out of home a partnership agreement?

"He said if I want my 20% down payment back he would refinance . . ."

I'd gladly settle for that.
by birnhamwood
Tue May 05, 2020 8:01 pm
Forum: Personal Investments
Topic: Close to retirement and don't know what to do
Replies: 33
Views: 4043

Re: Close to retirement and don't know what to do

"I am thinking of pulling everything out and putting it in something very safe because of the current state of affairs in our country." Don't watch the DOW, watch unemployment. And act accordingly. I have bailed completely out of stocks and bonds. I was born in the Great Depression and I know a thin...
by birnhamwood
Tue May 05, 2020 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Amica vs USAA Insurance
Replies: 27
Views: 1606

Re: Amica vs USAA Insurance

If your only consideration is "cheap," then you should probably look elsewhere for your insurance bundle. You might save a dollar or two. But if you're looking for a solid, highly rated company that has served my family well for over 60 years (only one minor complaint), then consider USAA.
by birnhamwood
Mon May 04, 2020 2:19 pm
Forum: Investing - Theory, News & General
Topic: "The Black Swan: The Impact of the Highly Improbable"
Replies: 7
Views: 891

Re: "The Black Swan: The Impact of the Highly Improbable"

Mr. Larimore knows a thing or two because he's seen a thing or two! :^)
by birnhamwood
Sun May 03, 2020 2:31 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5431
Views: 1349342

Re: What Movie Have You Recently Watched?

Re-watched SCENT OF A WOMAN DVD in which a blind Col. Jack Slade (Al Pacino) does a beautiful tango with an equally beautiful young woman. Unforgettable.
by birnhamwood
Thu Apr 30, 2020 8:42 pm
Forum: Personal Consumer Issues
Topic: So what are you cooking
Replies: 267
Views: 15521

Re: So what are you cooking

Turnip greens with cornbread. Cook greens in chicken broth, the Southern way. And Shawnee white cornmeal out of Oklahoma makes outstanding cornbread.
by birnhamwood
Thu Apr 30, 2020 8:38 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4383
Views: 1251737

Re: What Book Are You Currently Reading? Part VI

THE SPLENDID AND THE VILE on ruralavalon's recommendation. Will start on this Churchill book tonight.
by birnhamwood
Thu Apr 30, 2020 8:30 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5431
Views: 1349342

Re: What Movie Have You Recently Watched?

CAPOTE on DVD starring Philip Seymour Hoffman. Totally great movie about the Kansas murders of the Clutter family. A companion movie is IN COLD BLOOD starring Robert Blake.

Great entertainment.
by birnhamwood
Sun Apr 26, 2020 1:15 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5431
Views: 1349342

Re: What Movie Have You Recently Watched?

1917 Very good but not great WW I flick. Two English soldiers are dispatched to warn a battalion commander off a planned attack that would result in the unit's annihilation. Will they make it through the enemy lines and save the day? I was wary of sensational pyrotechnics, but mercifully that did no...
by birnhamwood
Thu Apr 23, 2020 3:23 pm
Forum: Personal Consumer Issues
Topic: House Cleaning and Covid
Replies: 24
Views: 2319

Re: House Cleaning and Covid

Our housekeeper returned yesterday for the first time in a month. She would not accept pay for the time she had taken off and she was broke, so we reluctantly welcomed her back.
by birnhamwood
Wed Apr 22, 2020 5:27 pm
Forum: Personal Investments
Topic: Advice for my father
Replies: 17
Views: 1502

Re: Advice for my father

You're not going to make much on $140,000 no matter where you invest it. So, I'd go CDs; that way you won't lose much either.

Plus, your dad would probably be more comfortable with CDs.
by birnhamwood
Tue Apr 21, 2020 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Parents want me to pay off their mortgage in exchange for title
Replies: 102
Views: 9214

Re: Parents want me to pay off their mortgage in exchange for title

Your parents in effect are offering you $370,000 to let them live in your house for life.

How is this not a good deal for you?
by birnhamwood
Mon Apr 20, 2020 12:19 pm
Forum: Investing - Theory, News & General
Topic: Does FDIC insurance of CDs come at a price?
Replies: 4
Views: 310

Re: Does FDIC insurance of CDs come at a price?

I just bought two jumbo CDs -- a 6-month (0.36%) and a 1-year (0.70%) and feel good about it. Well worth the small earnings hit.

(Born in the middle of the Great Depression).
by birnhamwood
Sun Apr 19, 2020 1:30 pm
Forum: Investing - Theory, News & General
Topic: Neiman Marcus to file for bankruptcy
Replies: 67
Views: 6846

Re: Neiman Marcus to file for bankruptcy

Neiman's was a fun place to shop and its story is best told by Mr. Stanley Marcus in his book, MINDING THE STORE, at Amazon for $9.99 (Kindle).
by birnhamwood
Sat Apr 11, 2020 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Military retirement: Identifying a 2nd career
Replies: 13
Views: 987

Re: Military retirement: Identifying a 2nd career

"My masters is in Management from Central Michigan University."

Is this masters recent?

If it's not an on-line degree, can the faculty help? Is there a placement service?
by birnhamwood
Tue Apr 07, 2020 12:39 pm
Forum: Investing - Theory, News & General
Topic: Backtesting for Great Depression
Replies: 23
Views: 2512

Re: Backtesting for Great Depression

" I feel that we may be on the cusp of something serious - another Great Depression given so many extremely horrific indicators - demographic shift and retiring boomers, extreme debt levels, extreme annual deficits, escalating Gini income index and rise of populism, unfunded entitlements, record low...
by birnhamwood
Sun Apr 05, 2020 9:36 pm
Forum: Personal Consumer Issues
Topic: Samsclub grocery Pickup
Replies: 2
Views: 453

Re: Samsclub grocery Pickup

Don't know about Sam's, but Walmart schedules curbside pick-ups for just the one day you place your on-line order and the next; therefore, even placing an order during early morning hours doesn't work. I understand they are hiring more order fillers, but right now, the system is not working. Kroger,...
by birnhamwood
Sun Apr 05, 2020 2:36 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4383
Views: 1251737

Re: What Book Are You Currently Reading? Part VI

Thank you Nicolas. I've downloaded the diary and will read along with you.
by birnhamwood
Fri Apr 03, 2020 1:56 pm
Forum: Personal Consumer Issues
Topic: So what are you cooking
Replies: 267
Views: 15521

Re: So what are you cooking

Breakfasts are easy and always the same -- juice, coffee, toasted English muffin, bacon or sausage. Lunches are the main meal -- omelets, soups, lentils, hot and cold pork and beef roasts, salads Suppers -- leftovers, sandwiches, occasionally tv dinners, fruit and dairy plates, cheeses, cold cuts, w...
by birnhamwood
Thu Apr 02, 2020 1:35 pm
Forum: Personal Investments
Topic: Why buy treasuries when CD rates are so much better?
Replies: 42
Views: 4307

Re: Why buy treasuries when CD rates are so much better?

From the standpoint of safety ALONE, which is better, CDs or Vanguard Total Bond Index Admiral. VBTLX

No other considerations. Thanks
by birnhamwood
Wed Apr 01, 2020 1:13 pm
Forum: Personal Investments
Topic: Anyone understand what is happening between USAA and Schwab?
Replies: 3
Views: 593

Re: Anyone understand what is happening between USAA and Schwab?

I did not know enough about Schwab to be comfortable with them, so I moved my USAA investments to Vanguard and TIAA.

I'm proudly in my 63rd year with USAA banking and insurance, though. This has always been their forte.
by birnhamwood
Thu Mar 26, 2020 1:09 pm
Forum: Personal Consumer Issues
Topic: Psy.D. (Doctor of Psychology) degree
Replies: 3
Views: 580

Re: Psy.D. (Doctor of Psychology) degree

High school seniors and college freshmen are generally in the late adolescence growth period, still trying to figure out who they are, and psychology seems to offer some answers. But after two or three courses (and with exposure to other interesting options) most migrate on out to other majors. Perf...
by birnhamwood
Wed Mar 25, 2020 7:11 pm
Forum: Personal Investments
Topic: Can you share your success stories?
Replies: 15
Views: 1493

Re: Can you share your success stories?

We are in our eighties and are not rich by any means, but we have a solid sufficiency of about $3 million. We owe it to having chosen "safe" education careers (with good pensions), living below our means, avoiding the stock market, saving via US government bonds, and not trying to keep up with the J...
by birnhamwood
Fri Mar 20, 2020 7:43 pm
Forum: Personal Consumer Issues
Topic: Pay cleaning lady during coronavirus pause?
Replies: 66
Views: 5105

Re: Pay cleaning lady during coronavirus pause?

We have told our maid to use her own judgment about working, but that we will pay regardless. We also ask her to work alone, not bring help.
by birnhamwood
Fri Mar 13, 2020 8:31 pm
Forum: Investing - Theory, News & General
Topic: VBTLX vs. BND
Replies: 23
Views: 2605

Re: VBTLX vs. BND

I have always thought the Vanguard Total Bond Index Fund (Admiral shares) to be one of the safest possible mutual fund bets. Have I been wrong all these years? Balance March 6, 2020 $621,929,000 Balance March 13, 2020 $600,539,000 What happened? Where can I immediately move this total amount to a sa...
by birnhamwood
Fri Mar 06, 2020 9:44 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4383
Views: 1251737

Re: What Book Are You Currently Reading? Part VI

I have thoroughly enjoyed Gregory David Roberts' SHANTARAM. There's romance and adventure, a tough anti-hero given to gun-running, bank robbing, passport laundering, and drug smuggling. And there's a dead-on portrait of a rat-infested slum in Bombay, the toughest town in the world. There's an even b...
by birnhamwood
Fri Mar 06, 2020 12:27 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4383
Views: 1251737

Re: What Book Are You Currently Reading? Part VI

Hmmm. Sounds familiar somehow!