Search found 119 matches

by Dianne
Wed Feb 21, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding 2017 ACA Insurance >> Alternative to ACA until age 65 >>Possible Solutions??
Replies: 115
Views: 8190

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

.. I may be able to squeeze into the "subsidy" ceiling in 2018, not sure. But thereafter, likely not. But, by then, Medicare will kick in for DW and I. I have one more year to medicare. This is an awkward transition period. Thanks for the help. mahalo jim :D Sounds like 2018 would be a good year to...
by Dianne
Mon Feb 12, 2018 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: What criteria warrants a need for Living Revocable Trust?
Replies: 67
Views: 6688

Re: What criteria warrants a need for Living Revocable Trust?

You are missing my point. Putting the assets in trust has nothing to do with the complexity of the assets. It has nothing to do with hiring professional management. The issue is being permitted to do the management. Many financial institutions refuse to accept durable powers of attorney. Even when ...
by Dianne
Sat Aug 22, 2015 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Intuit to Sell off Quicken
Replies: 63
Views: 9586

Re: Intuit to Sell off Quicken

I would happily upgrade every year if they would stop taking away features with every upgrade.
by Dianne
Tue May 19, 2015 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Establishing Revocable Trust vs Will
Replies: 42
Views: 5408

Re: Establishing Revocable Trust vs Will

Regarding assets falling out of the trust or forgetting to put assets in a trust, does a "pour over will" take care of that? Not really. In California, you have a procedure called a Heggstad petition, in which if you have a (properly-drafted) trust that isn't funded when you die, you can probate th...
by Dianne
Sat May 16, 2015 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Establishing Revocable Trust vs Will
Replies: 42
Views: 5408

Re: Establishing Revocable Trust vs Will

One thing I did determine was that there was an $1,800 fee buried in the paperwork for funding the trust. That seems like an excessive amount to me, considering I can do all of the work myself (checking accounts, cds, etc) except for transferring the deed for my house and farm. I can't imagine that...
by Dianne
Fri Dec 12, 2014 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Do you get collision insurance for your car?
Replies: 43
Views: 4720

Re: Do you get collision insurance for your car?

For those of you that dropped collision coverage due to driving clunkers, what do you do when you rent a car? Does paying with credit card ensure that credit card will cover collision damage to rental cars? Credit card coverage is secondary coverage when one has personal auto insurance, but does it...
by Dianne
Fri Dec 12, 2014 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Do you get collision insurance for your car?
Replies: 43
Views: 4720

Re: Do you get collision insurance for your car?

For those of you that dropped collision coverage due to driving clunkers, what do you do when you rent a car? Does paying with credit card ensure that credit card will cover collision damage to rental cars? Credit card coverage is secondary coverage when one has personal auto insurance, but does it...
by Dianne
Thu Dec 04, 2014 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Giving money to your alma mater: Have to vent
Replies: 166
Views: 19944

Re: Giving money to your alma mater: Have to vent

... For my money they gave me an education - why would I "donate" to them? I continued to pay for my education over a ten year period after attending. What do I owe them? As mentioned a number of times upthread, your tuition covered only a portion of the cost of providing your education. Regardless...
by Dianne
Thu Dec 04, 2014 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Giving money to your alma mater: Have to vent
Replies: 166
Views: 19944

Re: Giving money to your alma mater: Have to vent

... For my money they gave me an education - why would I "donate" to them? I continued to pay for my education over a ten year period after attending. What do I owe them? As mentioned a number of times upthread, your tuition covered only a portion of the cost of providing your education. Regardless...
by Dianne
Mon Aug 04, 2014 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: What counts as "income" for PPACA subsidies?
Replies: 143
Views: 41690

Re: What counts as "income" for PPACA (Obamacare) subsidies?

BTW re: your final point - whether or not using term "Obamacare" is deemed political on this forum, discussing potential future changes to taxes and other laws on this forum definitely seems to have been ruled political by the mods. I think we are allowed only to hypothesize based on a steady-state...
by Dianne
Fri Sep 13, 2013 9:42 am
Forum: Personal Consumer Issues
Topic: Wife: Surprise, we now have a cat.
Replies: 89
Views: 11349

Re: Wife: Surprise, we now have a cat.

The scratching post wasn't enough to stop our cat from attacking the furniture. We had to train her with water. Keep a spray bottle filled with water handy. (Maybe several, scattered around the house.) When your cat starts to touch something he's not supposed to touch, shake the bottle, then spray h...
by Dianne
Tue Sep 03, 2013 11:28 am
Forum: Investing - Help with Personal Investments
Topic: NOT saving for college
Replies: 112
Views: 11647

Re: NOT saving for college

If there is realistically speaking no new money, then yes, your proposal makes sense. I'm assuming of course that you still have earned income which I believe is a requirement for funding IRAs and obviously so with 401k / 403b / etc. A minimal amount of earned income. Just enough to qualify. I had ...
by Dianne
Mon Sep 02, 2013 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: NOT saving for college
Replies: 112
Views: 11647

Re: NOT saving for college

To those who say you should pay for your children's education without financial aid, things have changed in the past 15 years. Tuition has gone up much faster than inflation, and so has financial aid. Some private schools give out copious amounts of grant aid now, and not just to students that you m...
by Dianne
Fri Jul 26, 2013 4:12 pm
Forum: Investing - Theory, News & General
Topic: 72% 401K Contribution - My Wife Worries People Will Wonder!
Replies: 53
Views: 7578

Re: 72% 401K Contribution - My Wife Worries People Will Wond

Some people get their incomes from a combination of employment and self-employment. For example, a freelance musician with a part-time job as a waiter. Or a consultant who maintains enough hours at his old firm to get the health benefits. Increasing the W-2 withholding is easier than making estimate...
by Dianne
Thu Jul 25, 2013 5:15 pm
Forum: Personal Consumer Issues
Topic: Really hard to avoid "Keeping up with the Joneses"!
Replies: 93
Views: 13393

Re: Really hard to avoid "Keeping up with the Joneses"!

You have received a lot of great advice here, and I hope you try it out. I have one thing to add: Is there a Bogleheads chapter near you? You might be able to find one at: http://www.bogleheads.org/forum/viewforum.php?f=9 If you start attending local Bogleheads meetings, I guarantee the conversation...
by Dianne
Thu Jul 18, 2013 4:53 pm
Forum: Personal Consumer Issues
Topic: Nanny payroll
Replies: 16
Views: 2130

Re: Nanny payroll

They deserve a social security work history in line with their actual work history. Just so everyone knows, the nanny can collect Social Security whether the employer has paid the taxes or not. The nanny just needs to have proof of the wages paid (i.e., copies of paychecks, bank statements, etc.), ...
by Dianne
Thu Jul 18, 2013 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Application Prep - 1 Year Out
Replies: 18
Views: 1687

Re: Mortgage Application Prep - 1 Year Out

I don't know if this is an option for the OP, but I consolidated my student loans early on and selected the longest available term to get the lowest minimum payment. Then, we continued to make the payments we had been making (which included extra principal payments). We never paid just the new minim...
by Dianne
Fri Jun 07, 2013 9:24 am
Forum: Investing - Theory, News & General
Topic: Today's WSJ: Old School Stock Picker Struggles w Index Craze
Replies: 17
Views: 2732

Re: Today's WSJ: Old School Stock Picker Struggles w Index C

Even when mentioning that only 38.5% of actively managed funds have beaten their indexes over the last five years, the author still doesn't consider the possibility that some investors may just think that indexing is better than active management, regardless of relative costs. I thought that passiv...
by Dianne
Fri Jun 07, 2013 8:48 am
Forum: Investing - Theory, News & General
Topic: Today's WSJ: Old School Stock Picker Struggles w Index Craze
Replies: 17
Views: 2732

Re: Today's WSJ: Old School Stock Picker Struggles w Index C

I found that article very frustrating. The author kept focusing on the fact that index funds have lower expense ratios, and implying that investors are just too cheap to pay for quality investing services like that offered by Wally Weitz. Even when mentioning that only 38.5% of actively managed fund...
by Dianne
Wed Apr 17, 2013 3:52 pm
Forum: Personal Consumer Issues
Topic: Upgrading Cookware?
Replies: 48
Views: 7784

Re: Upgrading Cookware?

I love my glass cookware. http://www.shopworldkitchen.com/visions/products. It never warps, doesn't discolor, and is dishwasher-safe and microwave-safe. It works on both types of stovetops, doesn't require seasoning, and if necessary can be scraped with wire brushes with minimal scratching. My pots ...
by Dianne
Fri Mar 01, 2013 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Bank fraud on my business account; left high and dry by bank
Replies: 37
Views: 4478

Re: Bank fraud on my business account; left high and dry by

Glad to hear you got your money back. This thread probably informed many of this issue. I learned about the small business issue when trying to learn about the cyber security of retirement fund accounts. Small business accounts are so exposed to cyber risks that they are kind of like the canary in ...
by Dianne
Thu Feb 28, 2013 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Was asked to be a trustee for a child
Replies: 20
Views: 2068

Re: Was asked to be a trustee for a child

Why wouldn't the aunt and uncle be managing all the child's money? If they're incompetent, they shouldn't be raising the child. However if your friends are really desperate and have no one else... My children are grown now. However, when they were minors, I have relatives who are perfectly good par...
by Dianne
Wed Feb 27, 2013 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Bank fraud on my business account; left high and dry by bank
Replies: 37
Views: 4478

Re: Bank fraud on my business account; left high and dry by

I am skeptical of the 48-hour rule. Have you found it in writing in any of your account agreements/disclosures? You may indeed have a special account with such a requirement, but don't let the claim of a random employee prevent you from protecting your rights under the 60-day rule that is more likel...
by Dianne
Wed Feb 27, 2013 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Was asked to be a trustee for a child
Replies: 20
Views: 2068

Re: Was asked to be a trustee for a child

P.S. As a side note, my father is currently redoing his will. He is asking me to be trustee for my mother, my brother, and one grandchild, oh, and trustee for a summer home he wishes to put in its own trust (because he wants to put restrictions on who can buy/sell). For EACH of these trusts, he wan...
by Dianne
Tue Feb 26, 2013 11:18 am
Forum: Investing - Help with Personal Investments
Topic: How do we protect assets from our aging selves?
Replies: 22
Views: 3159

Re: How do we protect asset from our aging selves?

I think the revolution that Mr. Bogle wrought is going to reap big benefits in this area. Today we are able to adopt an approach to investing that doesn't require that we ever once speak to a broker. In our parents' time that wasn't possible. When was the last time someone from Vanguard called you ...
by Dianne
Mon Feb 25, 2013 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Paying cash for first house: A bad idea?
Replies: 40
Views: 3982

Re: Paying cash for first house: A bad idea?

I believe in paying off mortgages early. And I believe that one shouldn't think of one's house as an investment. A house is a place to live. However, where are you going to live while you save up to buy the house? If you pay rent, how does the monthly rent compare to a mortgage payment? Given the hi...
by Dianne
Mon Feb 25, 2013 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Was asked to be a trustee for a child
Replies: 20
Views: 2068

Re: Was asked to be a trustee for a child

I think you've been given a tremendous honor and it's a credit to you as a person. It's also a tremendous responsibility, and-- sorry, but I have to say this, the potential legal liability is mind boggling. IIWY I'd say the people in the family should get a lawyer who can act as trustee for all of ...
by Dianne
Wed Feb 20, 2013 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Investment etiquette (beginner)
Replies: 23
Views: 1916

Re: Investment etiquette (beginner)

In the US there are two kinds of investments: the kind where you get lots of information about how the investment is going (publicly traded securities), and the kind where you don't (everything else). We invested five figures with a family member a few years back. He gave us a detailed contract prom...
by Dianne
Tue Feb 12, 2013 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Invite For Free Dinner CFP
Replies: 53
Views: 3597

Re: Invite For Free Dinner CFP

Most 31-year-olds still have mortgages that are close to the value of their home, and their savings are locked in a 401(k) that they can't invest with a third party. So they're not good targets, even if they're in upscale zip codes. Well, darn it! I have no mortgage and plenty of taxable investment...
by Dianne
Tue Feb 12, 2013 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Invite For Free Dinner CFP
Replies: 53
Views: 3597

Re: Invite For Free Dinner CFP

You can expect a free dinner and a pitch to "protect" your money in an annuity. When you start reaching the target demographics and live in certain zip codes, you'll get these almost weekly. I'm curious. What is the target demographic? I'm 31 and live in an upscale zip code, but have never yet been...
by Dianne
Tue Feb 12, 2013 4:56 pm
Forum: Personal Consumer Issues
Topic: Worth fixing a 30-year-old Maytag dryer?
Replies: 26
Views: 9070

Re: Worth fixing a 30-year-old Maytag dryer?

If you do buy a new dryer, keep your existing clothes washer. The federal government issued new efficiency standards for washers less than a year ago (http://aceee.org/press/2012/05/new-clothes-washer-and-dishwasher-st). Remember when they issued new standards for toilets, and it took several years ...
by Dianne
Tue Feb 12, 2013 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Invite For Free Dinner CFP
Replies: 53
Views: 3597

Re: Invite For Free Dinner CFP

You might want to attend one just to see what it's all about. I would not. Huey, thanks for the link to the story of Earl Bronstein, professional plate licker, , but did you read the last paragraph? I would not. "You can't cheat an honest man." If you go to one with the idea that you are just going...
by Dianne
Mon Feb 11, 2013 6:39 pm
Forum: Personal Consumer Issues
Topic: How do you find Mrs. Boglehead?
Replies: 138
Views: 15423

Re: How do you find Mrs. Boglehead?

I found Mrs. Boglehead "across a crowded room." Now, to be honest, I was not having much luck with women and felt a bit desperate--so it didn't take an awful lot in the way of someone actually returning my smile to trigger the ZAP! KABLOWIE! SHE'S THE ONE response, but in any case... we were mutual...
by Dianne
Wed Feb 06, 2013 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Attorneys
Replies: 11
Views: 1533

Re: Estate Planning Attorneys

In response to mephistophles: very few lawyers in the NY/NJ area pitch living trusts, so that's unlikely to be a problem unless you go to the free dinner seminars. If you go to the free dinner seminars, and you're the one who buys the living trust, annuity, timeshare or bridge, you paid for the fre...
by Dianne
Tue Jan 29, 2013 3:14 pm
Forum: Personal Consumer Issues
Topic: Why do folks ignore voicemails in returning calls??
Replies: 20
Views: 1881

Re: Why do folks ignore voicemails in returning calls??

I'm sorry this is un-Boglehead of me, but don't be so cheap, and the annoyance will go away. I have no clue how magicjack works, but first impressions count in business, and if you're not answering your return calls because they're getting lost in the magicjack ether, then you're going to lose out ...
by Dianne
Tue Jan 29, 2013 2:55 pm
Forum: Personal Consumer Issues
Topic: Why do folks ignore voicemails in returning calls??
Replies: 20
Views: 1881

Re: Why do folks ignore voicemails in returning calls??

Because most people (not necessarily you, but most people) do not leave voicemails correctly. Instead of reciting their phone number carefully at the beginning of the call, most people who call me leave a long-winded message, then quickly rattle off their phone number at the end. This means (a) a hu...
by Dianne
Fri Jan 25, 2013 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Private health insurance for young, healthy family
Replies: 27
Views: 2924

Re: Private health insurance for young, healthy family

People who buy COBRA plans usually have some health condition that prevents them from buying underwritten plans, since COBRA plans cannot exclude pre-existing conditions. So they are more expensive, because the insurance company assumes you have a condition that will generate claims. Is this correc...
by Dianne
Fri Jan 25, 2013 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Private health insurance for young, healthy family
Replies: 27
Views: 2924

Re: Private health insurance for young, healthy family

Timely post. I just open my computer and was going to post a similar question. I just left corporate america and am starting my own business. I looked at health care options, and I'm actually having trouble even justifying buying coverage at all. I too am in my 30's, married with kids. Everyone is ...
by Dianne
Fri Jan 25, 2013 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Private health insurance for young, healthy family
Replies: 27
Views: 2924

Re: Private health insurance for young, healthy family

If your COBRA is not that much over $1,000 per month, I'd say keep it. It's going to be more expensive than some high deductible option, but is it going to be that much more expensive? Well, quotes I'm seeing for seemingly reasonable plans are more in the $350-500/month range, and guaranteeing myse...
by Dianne
Thu Jan 17, 2013 10:28 am
Forum: Investing - Theory, News & General
Topic: Washington Post Article About People Raiding 401k Accounts
Replies: 102
Views: 22549

Re: Washington Post Article About People Raiding 401k Accoun

You DO NOT have a Social Security account. Yes, you pay the taxes now. Yes, you have an expectation that you will receive benefits later. But no one owns a Social Security account. You don't really "own" your 401(k) account either. The government owns just as much of it as congress decides to. Not ...
by Dianne
Wed Jan 16, 2013 2:17 pm
Forum: Investing - Theory, News & General
Topic: Washington Post Article About People Raiding 401k Accounts
Replies: 102
Views: 22549

Re: Washington Post Article About People Raiding 401k Accoun

I'm on the 401k committee where I work and we decided from the get-go that we didn't want people to be able to borrow their savings. That's one reason we have only about 80 participants out of a possible 200. Why would you make that decision for other people? They may or may not make the right deci...
by Dianne
Tue Jan 15, 2013 10:08 pm
Forum: Personal Consumer Issues
Topic: Move Safe to an Assisted Living Facility?
Replies: 18
Views: 1574

Re: Move Safe to an Assisted Living Facility?

The coin collection: Consider having the coin collection appraised. It will probably need to be appraised before too long anyway, and getting an appraisal now will tell you whether it needs to be in a safe. I'm not sure there is any benefit to having an appraisal at this time except to learn its va...
by Dianne
Tue Jan 15, 2013 6:22 pm
Forum: Personal Consumer Issues
Topic: Move Safe to an Assisted Living Facility?
Replies: 18
Views: 1574

Re: Move Safe to an Assisted Living Facility?

Would MIL be comfortable with the safe at one of her children's home? I would look into splitting the contents up into smaller more portable portions and maybe split between childrens homes, safe deposit boxes, lawyer's office, etc. A small safe would probably be acceptable at the retirement home. ...
by Dianne
Mon Jan 14, 2013 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Children and large cash gifts
Replies: 26
Views: 2604

Re: Children and large cash gifts

As another data point, I got $5,000 from my Grandma when I was 18... I was on a scholarship, so I didn't need it for college... I blew nearly every cent on beer and pizza and girls by the time I was 20 (The rest I wasted!). I guess I can blame my parents for not raising me right. My estate tax prof...
by Dianne
Mon Jan 14, 2013 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Children and large cash gifts
Replies: 26
Views: 2604

Re: Children and large cash gifts

But wholly aside from the issue of control, third-party trusts offer a variety of tax and legal advantages, if they are set up before the money becomes yours. Could you elaborate? I believe from reading your previous posts that you work in this area. I assume that paying taxes at trust tax rates is...
by Dianne
Mon Jan 14, 2013 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Children and large cash gifts
Replies: 26
Views: 2604

Re: Children and large cash gifts

You may not be in a position to tell your grandparents this, but they are making a mistake if they intend to give this money outright to your child. In my family we always worried about our children getting pregnant at 18, not about our children getting money at 18. I was much more worried about se...
by Dianne
Mon Jan 14, 2013 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Children and large cash gifts
Replies: 26
Views: 2604

Re: Children and large cash gifts

You may not be in a position to tell your grandparents this, but they are making a mistake if they intend to give this money outright to your child. Ideally, they would contact the attorney who drafted their wills, and discuss the different options they have for giving this money. The only way to ke...
by Dianne
Mon Jan 07, 2013 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes, Filing, & Spouse Wage Gap
Replies: 12
Views: 1388

Re: Taxes, Filing, & Spouse Wage Gap

Ok so file joinly to reduce the bracket thats an interesting idea I hadnt thought of lol. I guess I'm just completely new to the topic. Would that change if say there is a small business involved? I just assume that for simplicity if one runs a sole prop, that it would make sense to keep things sep...
by Dianne
Fri Jan 04, 2013 4:00 pm
Forum: Personal Consumer Issues
Topic: do you use off-brand contact lens solution?
Replies: 21
Views: 15731

Re: do you use off-brand contact lens solution?

P.S. Just to clarify, I'm referring to the hydrogen peroxide that is packaged specifically for contact lens disinfections, and is usually sold on the same shelves as the multipurpose solution. It has salt in it, so it turns into saline when it neutralizes, and it comes with a special case that neutr...
by Dianne
Fri Jan 04, 2013 3:49 pm
Forum: Personal Consumer Issues
Topic: do you use off-brand contact lens solution?
Replies: 21
Views: 15731

Re: do you use off-brand contact lens solution?

When I was 18, I could wear my contacts 18 hours a day and be fine (just using multipurpose solution). 6 years later, I can barely stand wearing them 10-12 hours a day (still using multipurpose solution). I've heard that eyes can start to become intolerant of the preservatives in multipurpose conta...