Search found 2035 matches

by blevine
Mon Nov 12, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Executive Search
Replies: 3
Views: 717

Re: Executive Search

The recruiters have a different process for C level positions. They are paid to bring in a specific number of qualified candidates, and have an exclusive ability to recruit for that position. You must sell yourself to the recruiter unlike recruiters of lower level positions, so you become one of the...
by blevine
Mon Nov 12, 2018 1:14 pm
Forum: Personal Consumer Issues
Topic: How long have you had, or did you have, your HP-12C calculator?
Replies: 46
Views: 1384

Re: How long have you had, or did you have, your HP-12C calculator?

I have TWO of them, not sure when I got them, but decades ago. I would guess they are 25 and 30 years old respectively.
Both work great except having to replace those darn batteries once every few years ;-)
by blevine
Mon Nov 12, 2018 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Severance | 401(k)
Replies: 17
Views: 1246

Re: Severance | 401(k)

Why not wait and see what happens with the new job. If you get a good new job with matching, you'll be glad you waited. if you are unemployed, having made no 2019 contributions to the 401K of your old employer, but having made some income in early 2019, you can make DEDUCTIBLE T-IRA contributions. ...
by blevine
Mon Nov 12, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: why so few 50/50 balanced funds?
Replies: 10
Views: 1011

Re: why so few 50/50 balanced funds?

Note this can't be completely automated no matter what you do, since you must re-establish the RMD amount and therefore automated withdrawals each year anyway. If you want a monthly cashflow it would last for 12 months and stop until you sign up again. So you can keep the portfolio you have, or go w...
by blevine
Sun Nov 11, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Severance | 401(k)
Replies: 17
Views: 1246

Re: Severance | 401(k)

Why not wait and see what happens with the new job. If you get a good new job with matching, you'll be glad you waited. if you are unemployed, having made no 2019 contributions to the 401K of your old employer, but having made some income in early 2019, you can make DEDUCTIBLE T-IRA contributions. h...
by blevine
Sun Nov 11, 2018 12:16 pm
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 52
Views: 4435

Re: Do you prefer etfs or mutual funds?

ETF= Exchange Traded FUND. Mutual Fund is a FUND. If they are the same index, different share classes of same find, no difference other than fees. Now for a small investor, ETFs at Vanguard do have smaller fees than the "Investor" class. For a larger investor that can buy Admiral class, fees are gen...
by blevine
Sun Nov 11, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Should I invest in HSA? help analyzing options
Replies: 2
Views: 337

Re: Should I invest in HSA? help analyzing options

I came to the conclusion to use the HSA finally, based on all the out of network doctors, and other uncovered expenses. Just decided simply, the less I pay the insurance company, the more I keep the money (in HSA) the more control I have over my healthcare decisions. I am not looking at this from an...
by blevine
Sun Nov 11, 2018 10:17 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 50
Views: 4381

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

You need to be in an HDHP to CONTRIBUTE new funds, but you can create new accounts for the purpose of rollover of existing past contributions.
by blevine
Sat Nov 10, 2018 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Health insurance w/employer - Traditional versus HDHP HSA
Replies: 4
Views: 373

Re: Health insurance w/employer - Traditional versus HDHP HSA

Always avoided HSA due to simplifaction argument (avoid another account and more receipts to save). But what got me was my preference to pay the insurance company as little as possible, and have that cash so I can make my own decisions on care. If I want to go out of network, I will. If I want a spe...
by blevine
Sat Nov 10, 2018 10:29 pm
Forum: Personal Consumer Issues
Topic: Planet Fitness etc.,
Replies: 39
Views: 3163

Re: Planet Fitness etc.,

When I lived in the Phoenix area I really enjoyed the Lifetime Fitness facility, it was huge, and I think I paid $40 per month, but for me a great place, with a nice pool, best equipment and shower areas that did not make me cringe, it made me want to go there almost every day. Another place I like...
by blevine
Sat Nov 10, 2018 12:31 pm
Forum: Personal Consumer Issues
Topic: Planet Fitness etc.,
Replies: 39
Views: 3163

Re: Planet Fitness etc.,

The local PF is much further than a Y near my home. I used to travel for a high expense premium club, and everything just worked. They used to replace perfectly good and functioning machines BEFORE they break, but the cost was many times PF or the Y. I now pay less than PF for my local Y, hate the e...
by blevine
Sat Nov 10, 2018 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 55
Views: 3909

Re: Finances in NYC

I would look at longer term career impact. I moved back to NYC after working in a place that was half the rent early in my career. I felt the higher income/higher expenses would benefit me in the long run, as long as income continued to rise. I had modest appetite for my home (could have gotten a bi...
by blevine
Sat Nov 10, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: HSA and NYS ACA Exchange
Replies: 5
Views: 319

Re: HSA and NYS ACA Exchange

Since my OP, I found this online : https://www.peoplekeep.com/blog/how-to-tell-if-your-high-deductible-health-plan-is-hsa-qualified "Just because you have an HDHP, however, does not mean it qualifies for an HSA. In 2016, for example, just 19 percent of the HDHPs available on the federal exchange wer...
by blevine
Sat Nov 10, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: HSA and NYS ACA Exchange
Replies: 5
Views: 319

HSA and NYS ACA Exchange

Still employed, but nearing retirement. Just trying HSA for first time this year, seems like a waste to hand over so much cash to the insurance co vs having your own savings. My main reason for HSA short term, want to feel free to go out of network (employer changed provider, missing some favored do...
by blevine
Fri Nov 09, 2018 7:30 pm
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 82
Views: 13423

Re: Don't pay full price for SiriusXM radio

I just canceled. Unless I get a very long term discount, will not re-up. Can’t stand the dance every 3-6 months, not for me. When I called to cancel, they kept offering me different deals, despite my insistence to cancel. The guy had a terrible accent such that I couldn’t even understand the deals, ...
by blevine
Fri Nov 09, 2018 7:19 pm
Forum: Personal Consumer Issues
Topic: Moving to NYC without a job
Replies: 31
Views: 4694

Re: Moving to NYC without a job

[quoted post removed by admin LadyGeek] I have lived in or worked in NYC most of my life. It was a terribly dirty, crime ridden place decades ago. But that has not been the case for many years. It has become a super expensive place to live, so expensive that it is driving many companies and individ...
by blevine
Mon Nov 05, 2018 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: HSA or Not? 1st Child Born in Feb
Replies: 19
Views: 1470

Re: HSA or Not? 1st Child Born in Feb

From a purely financial decision, seems somewhat a wash. At a younger age I didn’t want to deal with extra account, receipts etc, if I was not going to come out way ahead. Once my kids were older, I did the math and we got to point where we weren’t getting out what we put in some years, and conclude...
by blevine
Mon Nov 05, 2018 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: HSA or Not? 1st Child Born in Feb
Replies: 19
Views: 1470

Re: HSA or Not? 1st Child Born in Feb

Well I switched from low deductible to high/HSA when my kids were older and deemed healthy. Definitely for most healthy families HSA is a better choice, but early childhood can be an adventure healthwise. Another thing to consider, regarding PPO, if your favorite docs are out of network, isn’t it be...
by blevine
Mon Nov 05, 2018 11:51 am
Forum: Personal Finance (Not Investing)
Topic: HSA or Not? 1st Child Born in Feb
Replies: 19
Views: 1470

Re: HSA or Not? 1st Child Born in Feb

The “fixed” ob gyn costs of $5000 assumed, seems low. We paid that 20 years ago, costs are same today ? And I find it hard to believe that this will be your only cost. Finally, these events such as having children do allow switch to add the child, I would check if you can also change among these pla...
by blevine
Mon Nov 05, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: HSA or Not? 1st Child Born in Feb
Replies: 19
Views: 1470

Re: HSA or Not? 1st Child Born in Feb

When you say PPO vs HSA, this seems a misunderstanding of the options on your part. PPO means Preferred Provider Option, and that only speaks to the fact you will have a list of in-network doctors, possibly the same list for all 3 options. It is possible all 3 options allow you to go outside this ne...
by blevine
Sat Nov 03, 2018 8:00 pm
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 9151

Re: no dividends in index funds!

I miss the dividends I got from the blue chip powerhouses, such as AT&T , Dominion, Norfolk Southern. Now, will 5 index funds my dividends are puny. I would like to find funds (maybe Wellington) where I could get back to receiving some heavy dividends. Just get GE and Sears. And Kodak, Polaroid.......
by blevine
Fri Nov 02, 2018 3:09 pm
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 9151

Re: no dividends in index funds!

A classic argument is that companies that pay large dividends, have no better ideas to grow the firm, at least ideas that require capital to expand. So you prefer a company (or fund of such companies) that has “run out of ideas” ? Instead of building new factories, new labs, hiring the right people,...
by blevine
Fri Nov 02, 2018 10:22 am
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 9151

Re: no dividends in index funds!

Amazon stock pays no dividends. Is that a bad investment ?
It earned 40%/year for last decade, but you prefer dividends ?
by blevine
Thu Nov 01, 2018 6:44 am
Forum: Investing - Theory, News & General
Topic: Limting Human Bias - 3 Fund VS Vanguard Target Life Strategy
Replies: 30
Views: 2234

Re: Limting Human Bias - 3 Fund VS Vanguard Target Life Strategy

For some people that do not want to think about investing, would not rebalance, would not even login and look, the target/life strategy is an excellent choice. For smaller portfolios that do not qualify for Admiral shares, and for who you would be trading 1 share of an ETF to rebalance, the higher f...
by blevine
Thu Nov 01, 2018 6:26 am
Forum: Investing - Help with Personal Investments
Topic: Bond prices drop but their yields go up??
Replies: 22
Views: 2619

Re: Bond prices drop but their yields go up??

Yes that is true. The income in $ you earn on existing bonds would not change. Think of yield as the ratio of the annual $ income to the $ value of your bond(s). If the numerator is the same but the denominator is lower, the ratio is higher. Conversely, if the price/market value rises, the ratio or ...
by blevine
Wed Oct 31, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 18153

Re: Vanguard website "unavailable during weekend of Nov 3"

For those freaking out, as an IT person, I am not so concerned that this means there is some major problem. I have often faced planning an entire weekend long system upgrade. Major upgrades with large data conversions can take hours, followed by need to validate success. When I have a project that I...
by blevine
Wed Oct 31, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 18153

Re: Platform changes?

Schwab uses fingerprint scan on mobile in place of something you know (password) for convenience, so unfortunately it isn’t more secure. Schwab offers two factor authentication using the Symantec VIP App which is a software token or one time password as the second factor, I think that is very secur...
by blevine
Wed Oct 31, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: Subaru Ascent owners out there?
Replies: 33
Views: 4174

Re: Subaru Ascent owners out there?

Regarding the comments in terms of Subaru's ability/willingness to stand behind their product and defects, I am on my 4th Subaru, and 2 of the 4 had manufacturer defects. One minor, one major. In both cases, they were completely useless in terms of standing behind their product. They are very polite...
by blevine
Tue Oct 30, 2018 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 295
Views: 45786

Re: New HSA provider Lively offers investments for $30/yr fee

I will consider this for wife's catch up contributions. Employer provides fee-free banking elsewhere, and similar fee for investments, but for a spousal catch up need another low cost place to park cash that may actually be used for medical expenses. This seems a good choice, as does www.firstambank...
by blevine
Mon Oct 29, 2018 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: What’s less bad? Vanguard ETF w/ $50 trade fees vs. mutual fund w/ 1.5% ER
Replies: 21
Views: 1286

Re: What’s less bad? Vanguard ETF w/ $50 trade fees vs. mutual fund w/ 1.5% ER

My understanding is that with a SIMPLE IRA (unlike a 401k) you are permitted to roll over any amount anytime into a traditional IRA. So you can contribute up to the match limit (leaving it in cash sounds like a good idea) and periodically roll over your holdings to a traditional IRA. My daughter ha...
by blevine
Mon Oct 29, 2018 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Help transferring brokerage acct to Vanguard
Replies: 5
Views: 374

Re: Help transferring brokerage acct to Vanguard

Do you have to pay high commissions in your current account FOR NON-VANGUARD MUTUAL FUNDS ? Which is higher, Vanguard or your current broker ? That should dictate where you sell non-vanguard funds. For ETF and Vanguard funds would no doubt be cheaper to sell at Vanguard (free for many ETFs). As far ...
by blevine
Sat Oct 27, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: oh no.. another account HSA
Replies: 6
Views: 789

Re: oh no.. another account HSA

There is not much point in having 2 HSA accounts, unless you are 55+ (each can deduct a catch up $1000 contribution but must be in separate individual accts). For those under 55, there is only a total family contribution which can go into a single acct that can be used to pay for all family medical ...
by blevine
Fri Oct 26, 2018 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Should I get vision insurance?
Replies: 39
Views: 4025

Re: Should I get vision insurance?

I have gone on and off our company vision plan over the years. What I have concluded is that it is simply an annual pre-paid checkup, with a discount coupon that can be used at stores with very high prices for eyeglasses. That said the stores closest to my home and most convenient for me take this ...
by blevine
Fri Oct 26, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Car lease is up: buy it or get a new lease?
Replies: 46
Views: 3839

Re: Car lease is up: buy it or get a new lease?

I can unequivocally say that you have to have auto insurance if you have an umbrella policy. We had to increase our limits on our auto insurance when we got an umbrella policy. When I queried my insurance industry expert (who I happen to be married to) as to why she told me an umbrella is a cap tha...
by blevine
Fri Oct 26, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Should I get vision insurance?
Replies: 39
Views: 4025

Re: Should I get vision insurance?

I have gone on and off our company vision plan over the years. What I have concluded is that it is simply an annual pre-paid checkup, with a discount coupon that can be used at stores with very high prices for eyeglasses. That said the stores closest to my home and most convenient for me take this p...
by blevine
Fri Oct 26, 2018 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Working in NYC: Live in NY or NJ for tax optimization?
Replies: 25
Views: 1760

Re: Working in NYC: Live in NY or NJ for tax optimization?

I already work in NYC for many years, and have friends/relatives that live in NJ and NYS outside NYC (as well as inside NYC). Inside NYC is the most costly option since you pay city income tax, and of course NYC rent/housing costs, which are among the highest in the country. I think NY or NJ suburbs...
by blevine
Fri Oct 26, 2018 5:27 am
Forum: Personal Consumer Issues
Topic: How many of you have cut the cord?
Replies: 240
Views: 26978

Re: How many of you have cut the cord?

I did it and while saving some money, I kept cable as low as possible before (never had premiums like hbo). My main goal was better service and flexibility. I pay for no commercials on hulu, on demand at my old cable co was just filled with commercials and could not fast fwd pst them. DVR worked ter...
by blevine
Thu Oct 25, 2018 9:58 pm
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 128
Views: 8056

Re: When to change tires; and what brand

I generally end up with a nail in one of the tires at some point. If the tires are near replacement depth, even if a bit premature, I go to our local goodyear dealer and get Assurance WeatherReady tires. Been buying top of the line Goodyear All weather for as long as I can recall. Tires are critical...
by blevine
Wed Oct 24, 2018 1:34 pm
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 25490

Re: PSA: Don't buy a big house

30k of landscaping to make it “livable” ?
I do spend in landscaping, and a great deal, but I would consider that a luxury not a necessity. And that has short term economic value unless you keep spending to maintain it.
by blevine
Wed Oct 24, 2018 1:12 pm
Forum: Personal Consumer Issues
Topic: Dental Mishap
Replies: 46
Views: 4770

Re: Dental Mishap

Unfortunately for my son, we had an orthodontist tell us when he was young, that it's too soon for braces. We went back again at the recommended time, but by then to a different ortho. The new orth had a different opinion and said should not have waited that long , but he'll do the best he can. The ...
by blevine
Wed Oct 24, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring $1.2 Mil taxable to Vanguard
Replies: 26
Views: 4373

Re: Transferring $1.2 Mil taxable to Vanguard

You can reallocate the IRA to hold equities if necessary, as you spend down taxable. Tax location is only relevant if you have assets in more than one location, and enough assets in each. Always allocate across what remains. Not exactly sure what you mean by this - re: tax location is only relevant...
by blevine
Wed Oct 24, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 25490

Re: PSA: Don't buy a big house

At a young age, just before kids, decided to buy “just big enough” for our planned family size. Previous homeowner had 2 same sex kids in one BR, other kid in smaller BR for one. Figured 2 kids would be easy, 3 if we had to, before having to move. A neighbor with same model converted the den to a BR...
by blevine
Mon Oct 22, 2018 10:23 pm
Forum: Investing - Theory, News & General
Topic: Shouldn't Fridays be higher than average due to 401k contributions?
Replies: 44
Views: 3211

Re: Shouldn't Fridays be higher than average due to 401k contributions?

Payday is Thursday for me.
I auto deposit to a bond fund.
by blevine
Mon Oct 22, 2018 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring $1.2 Mil taxable to Vanguard
Replies: 26
Views: 4373

Re: Transferring $1.2 Mil taxable to Vanguard

You can reallocate the IRA to hold equities if necessary, as you spend down taxable. Tax location is only relevant if you have assets in more than one location, and enough assets in each. Always allocate across what remains.
by blevine
Mon Oct 22, 2018 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring $1.2 Mil taxable to Vanguard
Replies: 26
Views: 4373

Re: Transferring $1.2 Mil taxable to Vanguard

You may want to pay for the Vanguard advisor service for a period, then once you are feeling educated (here and elsewhere) you can take the steering wheel and stop paying them. https://investor.vanguard.com/advice/personal-advisor What helps is to know the unrealized gains/losses you may have on you...
by blevine
Mon Oct 22, 2018 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: For those who paid off house - how did you do it?
Replies: 97
Views: 7628

Re: For those who paid off house - how did you do it?

Windfalls such as inheritance or a large bonus make it easy. When faced with risky vs this riskless return, I took the riskless return. Just could not take the value of my home and place it into the stock market nor a low yield bond fund. That said, with no windfall, I would build up the EF a bit mo...
by blevine
Sun Oct 21, 2018 7:48 am
Forum: Personal Finance (Not Investing)
Topic: AAA Insurance is increasing my home insurance premium by 47.8%!!! with no claims filed
Replies: 30
Views: 2921

Re: AAA Insurance is increasing my home insurance premium by 47.8%!!! with no claims filed

With all the impactful hurricanes, forest fires, don’t be surprised if this is a trend. After Hurricane Andrew in early 90s, our rates in the northeast were raised significantly because of a hurricane in the southeast.
by blevine
Sat Oct 20, 2018 8:39 am
Forum: Investing - Theory, News & General
Topic: How do you trade ETFs exactly like mutual funds?
Replies: 51
Views: 3292

Re: How do you trade ETFs exactly like mutual funds?

Seems like more trouble than it's worth, churning brokerage accounts.
If you lose a basis point on a large holding, and break even on brokerage bonuses, why do this at all ?
by blevine
Fri Oct 19, 2018 5:28 pm
Forum: Personal Consumer Issues
Topic: Guidelines About Deposits on a Contractor Job?
Replies: 12
Views: 888

Re: Guidelines About Deposits on a Contractor Job?

A conractor should be able to get supplies on credit if they have been around and have a good track record. You pay them, then they pay for supplies. Not all can/will do this. In some states, they are supposed to put the deposit in escrow and only spend on your project. I find it hard to believe tha...
by blevine
Fri Oct 19, 2018 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Approach to rescinding a job acceptance
Replies: 50
Views: 4079

Re: Approach to rescinding a job acceptance

After 3 decades of work, having sat on both sides of this, I say a polite email thanking them. Sharing a reason depends on your reason, but for $ that is useful info to the hiring manager. Personal reasons like commute, that you knew from day one, would keep that to myself. Note employers don’t apol...