Search found 1979 matches

by blevine
Sun Oct 14, 2018 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: When to stop putting money into an older vehicle
Replies: 51
Views: 2888

Re: When to stop putting money into an older vehicle

treypar wrote:
Sun Oct 14, 2018 2:05 pm
I purchase my cars new and then hold them for ten years. This strategy has worked well for me so far since trade in values have been good. I get benefit of the new technology on the new car and have avoided the major repairs on my old car.
+1
by blevine
Sun Oct 14, 2018 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Switching from ACA to Medicare
Replies: 28
Views: 2446

Re: Switching from ACA to Medicare

Well I still have employer coverage, and they just switched providers, and some of our docs no longer in network. I dont understand why, switching from one major carrier to another. How are docs not taking major carriers ?
by blevine
Sat Oct 13, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard - Transitioning to new platform
Replies: 8
Views: 1381

Re: Vanguard - Transitioning to new platform

You don't have to transition to the new brokerage platform if you don't want to. That's been true so far but could change at some (unknown) point in the future. BTW - I don't agree with some posters who say Vanguard has to get your consent to migrate you. They have so far, but again that could chan...
by blevine
Sat Oct 13, 2018 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Switching from ACA to Medicare
Replies: 28
Views: 2446

Re: Switching from ACA to Medicare

Well I knew someday marrying a slightly older woman would come in handy. Only six weeks older, but I guess when I buy an ACA policy upon retirement, I will put it in my name, she can drop off when she hits 65, with me remaining as primary for a few more weeks :-) Hopefully by then this will be strea...
by blevine
Sat Oct 13, 2018 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth filing FAFSA even if you know you'll get nothing?
Replies: 53
Views: 3301

Re: Is it worth filing FAFSA even if you know you'll get nothing?

I would not fill it out until your children's selection of college insists it is required. MOST colleges do not require it. I have 2 in college, of the 20 schools they applied to between 2 kids, only 1 insisted, and even then only because of a merit scholarship received, not for all students. You ab...
by blevine
Sat Oct 13, 2018 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 70
Views: 5227

Re: Weigh in on our Marital Argument =)-- HCOL edition

I lived in a NYC neighborhood and moved to the suburbs before kids. Was nice when I moved into my NYC apartment, then new mayor, police laid off, crime rate rose, left city, new mayor, more police, now city nicer again. Not sure about the schools in your area, but I am glad my kids went to top subur...
by blevine
Sat Oct 13, 2018 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Pension terminated .. have options
Replies: 28
Views: 3202

Re: Pension terminated .. have options

Eventually you may want to simplify things. A 401k can be rolled into a IRA later if you have one already. Any prior 401k accts, can consolidate to a single IRA at some point. I dont think earning 5% over a long timeframe is difficult. https://personal.vanguard.com/us/insights/saving-investing/model...
by blevine
Sat Oct 13, 2018 7:17 am
Forum: Investing - Theory, News & General
Topic: Does Fidelity offer the best index products for a passive investor compared to Vanguard
Replies: 45
Views: 3705

Re: Does Fidelity offer the best index products for a passive investor compared to Vanguard

The premise of this thread, to ignore customer service and just compare index funds, is just impossible for me to do. When two products are so similar that one must work to differentiate them, then all you have left is cost (fees, maybe taxes) and service to make your decision. The larger the fund a...
by blevine
Sat Oct 13, 2018 6:57 am
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 51
Views: 9815

Re: Don't pay full price for SiriusXM radio

I actually enjoy their music, sports and comedy once in a while. News would be good but it’s mostly commercials. That said, not only is the cost too high for as often as we use it, I find the service is not consistent. Of course if you are in a tunnel it would lose the signal, but mine goes in/out a...
by blevine
Sat Oct 06, 2018 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard brokerage platform and RMD from IRA
Replies: 5
Views: 678

Re: Vanguard brokerage platform and RMD from IRA

You can automate having dividends sent to your linked bank account, so I don't know why the software wouldn't allow RMD's to do so. Automated RMD for the old platform let you take cash from any fund and send to your bank, not just dividends. But on the new platform you can only send dividends to yo...
by blevine
Sat Oct 06, 2018 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?
Replies: 45
Views: 4542

Re: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?

Yes, though what has been communicated is that all accounts will eventually become brokerage accounts. I think those that think they can hold out forever are kidding themselves. You are 100% incorrect. Look at the % of stocks in the financial services sector of your index funds. Many employees in t...
by blevine
Sat Oct 06, 2018 1:19 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard brokerage platform and RMD from IRA
Replies: 5
Views: 678

Re: Vanguard brokerage platform and RMD from IRA

Waiting on email response.

The issue is, if you don’t keep much in the settlement fund, how can they auto transfer RMD to your bank ?
by blevine
Fri Oct 05, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard brokerage platform and RMD from IRA
Replies: 5
Views: 678

Vanguard brokerage platform and RMD from IRA

My MIL has an old style fund (not brokerage) account with Vanguard. She gets direct deposit right from her Target Date fund into her bank each month, on legacy fund only platform. So if she agrees to the "upgrade" how will she get her RMDs ? From where do they take RMD, only the settlement fund ? Wh...
by blevine
Fri Oct 05, 2018 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund Lovers?
Replies: 43
Views: 4611

Re: Vanguard Balanced Index Fund Lovers?

Only a matter of time before those oil companies either build wind farms or go under.
How long I don't know, but it will happen.
by blevine
Fri Oct 05, 2018 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?
Replies: 45
Views: 4542

Re: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?

I today received an email saying "We'd like to make the transition for you, but we can't unfortunately (regulatory reasons). "
by blevine
Fri Oct 05, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund Lovers?
Replies: 43
Views: 4611

Re: Vanguard Balanced Index Fund Lovers?

For someone who does not want international stocks, and is primarily investing in an IRA/401k and wants a fixed AA, then this is fine. I would think that given all the discussion about optimizing fees, taxes, AA, etc on BH.org that few would simplify to that extent. . . . . . Tax-efficiency may not...
by blevine
Thu Oct 04, 2018 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund Lovers?
Replies: 43
Views: 4611

Re: Vanguard Balanced Index Fund Lovers?

For someone who does not want international stocks, and is primarily investing in an IRA/401k and wants a fixed AA, then this is fine. I would think that given all the discussion about optimizing fees, taxes, AA, etc on BH.org that few would simplify to that extent. . . . . . Tax-efficiency may not...
by blevine
Wed Oct 03, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund Lovers?
Replies: 43
Views: 4611

Re: Vanguard Balanced Index Fund Lovers?

For someone who does not want international stocks, and is primarily investing in an IRA/401k and wants a fixed AA, then this is fine. I would think that given all the discussion about optimizing fees, taxes, AA, etc on BH.org that few would simplify to that extent. I know I want to change my AA ove...
by blevine
Wed Oct 03, 2018 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: I see now why Rollovers can take FOREVER ....
Replies: 74
Views: 7857

Re: I see now why Rollovers can take FOREVER ....

I would have asked them to setup monthly payments (RMD) for 2 reasons : 1) If that was the easiest thing to accomplish on their website, to save time. 2) For revenge. Make them spend money on postage for a monthly $1 check :twisted: Glad it worked out eventually, but I would have had such great sati...
by blevine
Wed Oct 03, 2018 3:06 pm
Forum: Investing - Theory, News & General
Topic: General Electric
Replies: 73
Views: 9544

Re: General Electric

Seems like GE would be a systemically important institution to lose. One can overcome need to change business strategy, but debts such as pension obligations that produce no future benefit to the shareholders, are a huge drag and competitive disadvantage of older companies like GE vs newer, nimbler ...
by blevine
Wed Oct 03, 2018 2:49 pm
Forum: Personal Consumer Issues
Topic: My Experience in Buying a Burial Plot: The cost (in NJ)
Replies: 64
Views: 4311

Re: My Experience in Buying a Burial Plot: The cost (in NJ)

I’m not worried. My descendants can pay for my funeral with the money in my estate. I’m not sacrificing money now so they can have more money when I croak. +1 I have paid for kids food, clothing, college... Time for someone else to pony up ;-) It is really not the money. It is not being pressured a...
by blevine
Tue Oct 02, 2018 8:47 pm
Forum: Investing - Theory, News & General
Topic: If everybody indexed, the only word you could use is chaos, catastrophe
Replies: 99
Views: 15439

Re: If everybody indexed, the only word you could use is chaos, catastrophe

Impossible. There will always be day traders, hedge funds, active managers, mom/pop individual investors, high net worth folks who like “having a guy”. Reading BH you may be in a bubble.
by blevine
Tue Oct 02, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: My bank and absurd policy for "no fee"
Replies: 51
Views: 4183

Re: My bank and absurd policy for "no fee"

Forgive me for not being there yet, but can't you select the day of the month for your check ? If not can't you have some monthly transfer from your broker deposit on a different date ? Or ask your bank to change your statement date ? Seems like so many solutions, one of them should pan out...and if...
by blevine
Tue Oct 02, 2018 7:40 pm
Forum: Personal Consumer Issues
Topic: Your Favorite [Travel Destination] on Earth: Where and Why?
Replies: 155
Views: 16464

Re: Your Favorite [Travel Destination] on Earth: Where and Why?

Chicago, for the pizza Great pizza, but best place in the world ????? Please don't judge me. I have low standards and I'm easy to please Just some humor, same here. In fact Chicago was our major family trip this year. Highlights, Wrigley games/tour and of course Pizza. My favorite : https://giordan...
by blevine
Tue Oct 02, 2018 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: What fund(s) for my HSA investments?
Replies: 8
Views: 615

Re: What fund(s) for my HSA investments?

I would say the answer depends. If you are using this account as another long term tax advantaged retirement account, then you should think of it as part of your entire portfolio, no different than an IRA or 401k. Read this to think about what to put into the HSA : https://www.bogleheads.org/wiki/Ta...
by blevine
Tue Oct 02, 2018 5:22 pm
Forum: Personal Consumer Issues
Topic: My Experience in Buying a Burial Plot: The cost (in NJ)
Replies: 64
Views: 4311

Re: My Experience in Buying a Burial Plot: The cost (in NJ)

Meh, whatever my heirs inherit will cover the cost of the funeral and then some. Not going to have a burial plot, it seems rather dumb to assume you deserve to take up permanent space on the earth. Funerals are for the living, they can decide what to do with me. +1 I often tell my wife, just put me...
by blevine
Tue Oct 02, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Direct Deposit to brokerage account
Replies: 4
Views: 384

Re: Direct Deposit to brokerage account

I now have direct deposit to a brokerage account but you must ask the brokerage firm for the correct ABA #, correct account # and confirm checking (I doubt you call it a savings account, a broker often uses a bank checking account to process your cash management activities like debit card and checks...
by blevine
Tue Oct 02, 2018 3:17 pm
Forum: Personal Consumer Issues
Topic: Your Favorite [Travel Destination] on Earth: Where and Why?
Replies: 155
Views: 16464

Re: Your Favorite [Travel Destination] on Earth: Where and Why?

CaliJim wrote:
Tue Oct 02, 2018 10:55 am
Chicago, for the pizza
Great pizza, but best place in the world ?????
by blevine
Tue Oct 02, 2018 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to retire early, what should I do?
Replies: 19
Views: 1470

Re: Trying to retire early, what should I do?

I think the time is better spent looking at ways to increase your income in IT rather than Lyft on Sundays. Maybe some self study in some topics, research higher paying options and what it may take to get there.
by blevine
Tue Oct 02, 2018 1:16 pm
Forum: Investing - Theory, News & General
Topic: General Electric
Replies: 73
Views: 9544

Re: General Electric

Son just got an on campus interview with GE. I warned him....they may not be able to pay you. It's hard to imagine that GE will somehow run out of funds. Unless the pension and environmental liabilities (and legacy financial services liabilities) prove to be so huge that they use Chapter 11 strateg...
by blevine
Tue Oct 02, 2018 1:12 pm
Forum: Personal Consumer Issues
Topic: My Experience in Buying a Burial Plot: The cost (in NJ)
Replies: 64
Views: 4311

Re: My Experience in Buying a Burial Plot: The cost (in NJ)

Jags4186 wrote:
Tue Oct 02, 2018 12:24 pm
I’m not worried. My descendants can pay for my funeral with the money in my estate. I’m not sacrificing money now so they can have more money when I croak.
+1

I have paid for kids food, clothing, college...
Time for someone else to pony up ;-)
by blevine
Mon Oct 01, 2018 11:16 pm
Forum: Investing - Theory, News & General
Topic: General Electric
Replies: 73
Views: 9544

Re: General Electric

Son just got an on campus interview with GE.
I warned him....they may not be able to pay you.
by blevine
Mon Oct 01, 2018 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Suze Orman - "I hate the FIRE movement."
Replies: 75
Views: 8940

Re: Suze Orman - "I hate the FIRE movement."

80 is the new 60, only a matter of time before 100 is the new 80 :beer
Work to 100 and you will never run out of money !

People want simple answers to unknowable questions, and many are willing to provide those answers.
I could never sit through 2 minutes of her show.
by blevine
Mon Oct 01, 2018 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?
Replies: 45
Views: 4542

Re: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?

The obvious action would be mutual fund accounts would be frozen (no trades, no inflow, only outflow). This they can do without your permission as they have done this to customers for other reasons. Actually there are many laws, their industry is one of the most heavily regulated industries in the ...
by blevine
Sun Sep 30, 2018 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: investing for retirement outside 401(k)
Replies: 4
Views: 446

Re: investing for retirement outside 401(k)

Do you have a high deductible health insurance plan ? Open an HSA for tax free investing for your future medical needs.
by blevine
Sun Sep 30, 2018 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?
Replies: 45
Views: 4542

Re: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?

Yes, though what has been communicated is that all accounts will eventually become brokerage accounts. I think those that think they can hold out forever are kidding themselves. You are 100% incorrect. Look at the % of stocks in the financial services sector of your index funds. Many employees in t...
by blevine
Sun Sep 30, 2018 9:38 pm
Forum: Personal Consumer Issues
Topic: Geico umbrella us dropping me. What can I do?
Replies: 37
Views: 5448

Re: Geico umbrella us dropping me. What can I do?

Jack FFR1846 wrote:
Fri Sep 28, 2018 10:50 am
Geico is quite infamous for dropping customers for "anything". This is not surprising. I'd expect you'll have no trouble finding another company to cover you.
I have heard the same. Would never even call them for a quote. It is a one claim policy. Pay every year, one claim and you are out.
by blevine
Sun Sep 30, 2018 3:30 pm
Forum: Personal Consumer Issues
Topic: Fidelity Bets on Blockchain. What does this mean for us?
Replies: 7
Views: 1186

Re: Fidelity Bets on Blockchain. What does this mean for us?

Blockchain like all new technologies, is sexy to have on your resume. So some FIDO execs don’t want to be left out. All large conpanies are scrambling to have a block chain, a data science and a machine learning/AI strategy. Typical solution in search of a problem. Mostly about office politics and P...
by blevine
Sun Sep 30, 2018 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?
Replies: 45
Views: 4542

Re: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?

Yes, though what has been communicated is that all accounts will eventually become brokerage accounts. I think those that think they can hold out forever are kidding themselves. You are 100% incorrect. Look at the % of stocks in the financial services sector of your index funds. Many employees in t...
by blevine
Thu Sep 27, 2018 4:23 pm
Forum: Investing - Theory, News & General
Topic: I'm switching to Vanguard (yay!). Is it an easy transfer?
Replies: 16
Views: 1415

Re: I'm switching to Vanguard (yay!). Is it an easy transfer?

Note that you don't need to transfer your account to Vanguard to get many of the benefits of Vanguard. Etrade will allow you to buy Vanguard funds and ETFs. You would save some money moving your account to Vanguard, eliminating the middle man, but you may find better service at Etrade, and you can i...
by blevine
Wed Sep 26, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Someone stole my check from the mail, changed the amount, and deposited it
Replies: 61
Views: 7753

Re: Someone stole my check from the mail, changed the amount, and deposited it

Folks paying physically by checks (and cash) absolutely are dying. My kids don't even know how to write out a check. They pay people with venmo and bills by credit or debit card. They rarely go to an ATM for cash even. Yes some exceptions : local gov/school districts wedding gifts But these are gene...
by blevine
Tue Sep 25, 2018 2:56 pm
Forum: Personal Consumer Issues
Topic: Electric Shaver/Beard Trimmer
Replies: 21
Views: 1795

Re: Electric Shaver/Beard Trimmer

Unfortunately my very old Philips Norelco died. Lasted for 20 years maybe. They don't make them like they used to. New Norelco lasted a few months and died. Tried other brands, cheaper models, and they were flimsy and broke quickly or just didn't work well. I really prefer to use an electric shaver ...
by blevine
Tue Sep 25, 2018 2:42 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 25097

Re: What is your single most expensive mistake?

Buying a NYC coop apartment because I couldn't find a suitable rental in the neighborhood I wanted to live. Paid top $ at the height of a bubble, and had trouble giving it away during a recession. Lesson learned, renting would have made more sense when you are not sure you want to stay in a particul...
by blevine
Tue Sep 25, 2018 11:59 am
Forum: Investing - Theory, News & General
Topic: Don't Fear the Reaper (RMDs) - White Coat Investor blog post
Replies: 65
Views: 7457

Re: Don't Fear the Reaper (RMDs) - White Coat Investor blog post

I think that many people forget that their tax-deferred accounts don't belong entirely to them. While the accounts are growing over the years, they see only THEIR NAME at the top of the statements. But in reality, the money was never all theirs. The taxes are being DEFERRED! It belongs to them AND ...
by blevine
Tue Sep 25, 2018 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Job burnout - Keep grinding or change?
Replies: 62
Views: 6657

Re: Job burnout - Keep grinding or change?

Keep on grinding. Increase exercise. 5 hours / week min, with some intensity. Improve diet. .... the greener grass (retirement, new job, new spouse, whatever) on the other side of the fence is still just grass. +1 Work is work, they wouldn't pay you if it was endless enjoyment. Try to make your job...
by blevine
Tue Sep 25, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Someone stole my check from the mail, changed the amount, and deposited it
Replies: 61
Views: 7753

Re: Someone stole my check from the mail, changed the amount, and deposited it

I still have to write a number of checks, more than you all apparently. It's at least 1-2 per month. Clark Howard has discussed this fishing before. I need to get a gel pen. Why ? You can send a bank check via online bill payment to anyone anywhere ? As I said before, the check is printed not handw...
by blevine
Tue Sep 25, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Someone stole my check from the mail, changed the amount, and deposited it
Replies: 61
Views: 7753

Re: Someone stole my check from the mail, changed the amount, and deposited it

Good reason to pay as much as possible, electronically. Credit cards are safest, then ACH/wire transfers. No good can come from mailing checks. Even when you use online bill pay and they mail a check, it is PRINTED not handwritten. You have your bank printing the check, they know how much THEY made ...
by blevine
Mon Sep 24, 2018 5:10 pm
Forum: Personal Consumer Issues
Topic: monitor when credit freeze thaws
Replies: 8
Views: 923

Re: monitor when credit freeze thaws

Each credit bureau shows it in a different place but often in a summary near the top or bottom,
before or after all your details payment history for each credit card. Usually says something like
"locked by consumer" or "frozen by consumer".
by blevine
Mon Sep 24, 2018 1:18 pm
Forum: Personal Consumer Issues
Topic: monitor when credit freeze thaws
Replies: 8
Views: 923

Re: monitor when credit freeze thaws

The real issue here is if you freeze, what if somehow it is thawed without your knowledge. The status does show on credit reports, so maybe if you have the credit monitoring services, maybe some of them would report a "change" on the credit report if thawed. Definitely on the credit report but not s...
by blevine
Sun Sep 23, 2018 8:11 am
Forum: Investing - Theory, News & General
Topic: Vanguard for business 401K?
Replies: 12
Views: 776

Re: Vanguard for business 401K?

My former large employer used Vanguard and felt their service was excellent. Looked like just another account on the website for me. I guess for smaller plans you don’t get that simplification benefit.