Search found 2067 matches

by fredflinstone
Wed Nov 29, 2017 6:22 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

OP - I don't see the important number for the policy you would be using -- what is the maximum out of pocket annual cost to you and your family, after which insurance pays everything? If MOOP is 50k, for example, that is the most you would spend in any one year on healthcare. Compare that with the ...
by fredflinstone
Wed Nov 29, 2017 6:19 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

Unfortunately, I don't believe catastrophic policies are legal anymore (or at least you'd be subject to the penalty). I think the deductibles and OOP and a lot of plans now are what used to be considered catastrophic 15 years ago. If they sold a policy with a $50k deductible for a minimal cost, tha...
by fredflinstone
Wed Nov 29, 2017 6:16 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

Sad to say it probably makes sense to drop it. Some people, including many otherwise rationale people on this site, will never consider going without no matter the costs. I can’t justify that. Look into asset protection for a complete picture. Health care costs could never ruin me because much of m...
by fredflinstone
Wed Nov 29, 2017 6:11 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

I have never, ever heard of a situation where one should not have health insurance even for a day. Even dental insurance is a good idea to avoid being gouged by the fictitious "regular" cost. I'm glad you brought that up. In fact, we do not have dental insurance. Our dentist completely understands ...
by fredflinstone
Wed Nov 29, 2017 6:05 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

Unfortunately, I don't believe catastrophic policies are legal anymore (or at least you'd be subject to the penalty). I think the deductibles and OOP and a lot of plans now are what used to be considered catastrophic 15 years ago. If they sold a policy with a $50k deductible for a minimal cost, tha...
by fredflinstone
Wed Nov 29, 2017 6:03 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

Fred. Health insurance is "insurance". God forbid that something serious should happen to "Bam Bam". Barney backing out of his garage and rolling over Wilma's foot but it get's infected and requires long term care. Or something should "befell" you at the quarry. DinoExcavators can be tricky. Health...
by fredflinstone
Wed Nov 29, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

SrGrumpy wrote:
Wed Nov 29, 2017 1:33 pm
crystalbank wrote:
Wed Nov 29, 2017 1:14 pm
Like many posters already mentioned, hospitals likely won't give you the same discount when paying out of pocket ...
I don't think this is true.
There seems to be a difference of opinion on this point.
by fredflinstone
Wed Nov 29, 2017 1:27 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

Just a quick note to thank everyone for their thoughts. There is an incredible depth of knowledge on this site.
by fredflinstone
Wed Nov 29, 2017 1:25 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

With substantial assets it never makes sense to be without health insurance. You really can not take the risk of even a low probability health event that costs high six figures to seven figures. If you have substantial assets, then the health insurance premiums are at most an inconvenience. With $1...
by fredflinstone
Wed Nov 29, 2017 1:20 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

I recently retired from the quarry (early retirement). The wife (Wilma) and I are too young to go on Medicare so we buy health insurance on our own through the individual market. In our town of Bedrock, premiums are going up big-time in 2018. We will have to pay more than $1,300 per month for our f...
by fredflinstone
Wed Nov 29, 2017 1:18 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

If you have an adverse outcome. Say a heart attack or cancer youre looking at 200k+ for those bills. Once u have the acute phase over ur looking at the maintenance phase. Upwards of 20k a year. This excludes medications easily upwards 50k for cancer meds. Al for one uninsured pt. Just my 2 cents. O...
by fredflinstone
Wed Nov 29, 2017 1:17 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

I honestly think the insurance industry really made it worse for everyone except for well themselves. Unfortunately, I don't see the system getting fixed anytime soon so you really have no choice. Like many posters already mentioned, hospitals likely won't give you the same discount when paying out...
by fredflinstone
Wed Nov 29, 2017 1:14 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

Sad to say it probably makes sense to drop it. Some people, including many otherwise rationale people on this site, will never consider going without no matter the costs. I can’t justify that. Look into asset protection for a complete picture. Health care costs could never ruin me because much of m...
by fredflinstone
Wed Nov 29, 2017 12:51 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

"My question is: Is my family at the point where it is rational to forego coverage?" Have you priced a catastrophic plan that would protect you on the very high side of medical costs? That's the question I'd have. We could pay the $150 office visits and $900 every 3 month insulin pump supplies, but...
by fredflinstone
Wed Nov 29, 2017 12:46 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

"My question is: Is my family at the point where it is rational to forego coverage?" Have you priced a catastrophic plan that would protect you on the very high side of medical costs? The price I quoted is for a very high deductible plan aka a catastrophic plan. The low-deductible plans are much mo...
by fredflinstone
Wed Nov 29, 2017 12:45 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

Unfortunately I have more questions then answers for your situation. Have you looked at short-term health insurance as an alternative? Does your wife work? If so, can she get access to health insurance or transfer to a company that offers health insurance? How long will you be going without health ...
by fredflinstone
Wed Nov 29, 2017 12:40 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

"My question is: Is my family at the point where it is rational to forego coverage?" Have you priced a catastrophic plan that would protect you on the very high side of medical costs? The price I quoted is for a very high deductible plan aka a catastrophic plan. The low-deductible plans are much mo...
by fredflinstone
Wed Nov 29, 2017 12:38 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Re: Does it make sense to drop health insurance?

@woodspinner: Thank you for your perspective. You write "No it doesn't make sense!! You are gambling with Financial Ruin, Bankruptcy, not to mention Significantly Poorer Health Care that may be critical to save your life or the lives of your family." Is there any point at which you think premiums wo...
by fredflinstone
Wed Nov 29, 2017 12:24 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7178

Does it make sense to drop health insurance?

I recently retired from the quarry (early retirement). The wife (Wilma) and I are too young to go on Medicare so we buy health insurance on our own through the individual market. In our town of Bedrock, premiums are going up big-time in 2018. We will have to pay more than $1,300 per month for our fa...
by fredflinstone
Wed Jun 28, 2017 8:53 pm
Forum: Personal Consumer Issues
Topic: Pre-owned Acura's... Value of 'Certified'?
Replies: 23
Views: 2622

Re: Pre-owned Acura's... Value of 'Certified'?

yes, CPO comes with a warranty. Moreover, if your car is in the shop, your Acura dealership will likely give you a nice loaner while repairs are made. (Ask them about this.)
by fredflinstone
Wed Jun 28, 2017 6:12 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 8283

Re: Bogleheads: Please help me pick a new car

mhalley wrote:For others thinking of getting a car, I was listening to Clark Howard and he said there is a glut of Lexus coming off lease and you could get one for the best price in years.
This was not my experience. The 3-year old Lexuses I saw were only a few thousand dollars cheaper than brand new ones.
by fredflinstone
Fri Jun 23, 2017 7:53 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 8283

Re: Bogleheads: Please help me pick a new car

I discovered that the safety technology I want (collision avoidance) is not on the low-end Lexus NT. Rather than buy a more expensive Lexus, I decided to purchase a top-of-the-line Honda CR-V for about $33K plus taxes. The car has all the features I want and is considered very reliable, which is imp...
by fredflinstone
Fri Jun 23, 2017 6:55 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 8283

Re: Bogleheads: Please help me pick a new car

I know of a situation. Someone gave his daughter a Mercedes and she didn't like showing off like that and wanted a lesser car. I would consider the Subaru because the son is involved. I like the Subaru but I feel that the Lexus might be more reliable. If I can choose between a CPO Lexus RX (30,000 ...
by fredflinstone
Fri Jun 23, 2017 6:48 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 8283

Re: Bogleheads: Please help me pick a new car

[...] I believe it meets all of my requirements (AWD, brake assist, etc.). 29,000 miles. It is priced at $33K, which is $1,789 below market price, according to cargurus.com. The warranty would run through 2021, unlimited miles. the dealer has already reduced the price by $4,200. [...] I find it har...
by fredflinstone
Fri Jun 23, 2017 6:46 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 8283

Re: Bogleheads: Please help me pick a new car

Lexus has a small number (13?) of no-haggle dealerships. These are called "Lexus Plus". Generally you get a token discount off of MSRP, but nothing close to what you could negotiate on your own. But the vast majority are traditional dealerships. Have you driven the NX? Most think it's too noisy, ha...
by fredflinstone
Fri Jun 23, 2017 5:04 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 8283

Re: Bogleheads: Please help me pick a new car

Does anyone know if I can haggle over the price of a new Lexus? Or is Lexus a no-haggle dealership?
by fredflinstone
Fri Jun 23, 2017 4:38 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 8283

Re: Bogleheads: Please help me pick a new car

Here is a CPO 2015 Lexus NX 200t in my state that looks interesting: https://www.cargurus.com/Cars/inventorylisting/viewDetailsFilterViewInventoryListing.action?sourceContext=carGurusHomePage_false_0&CPOView=true&entitySelectingHelper.selectedEntity=d2293&zip=80906#listing=174297893 I believe it me...
by fredflinstone
Fri Jun 23, 2017 4:37 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 8283

Re: Bogleheads: Please help me pick a new car

OK, guys, I asked you for some advice 7 years ago and you told me to get an Acura MDX. I did so and it has been a great car. 116,000 miles so far with no problems whatsoever. My daughter Pebbles turned 16 this week and I gave her the car for her birthday. So now I need a new car. Background: I driv...
by fredflinstone
Fri Jun 23, 2017 4:36 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 8283

Re: Bogleheads: Please help me pick a new car

I have no specific car suggestions but a couple of comments. Background: I drive about 15,000 miles per year. In the past I've owned cars for about 8 years before getting a new one. The car I plan to buy now will likely be handed down to my son in about 4 years. I don't require a lot of bells and w...
by fredflinstone
Fri Jun 23, 2017 4:31 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 8283

Re: Bogleheads: Please help me pick a new car

CPO Lexus RX350's are a dime a dozen in our area, so the savings are much much better than 10%. They are nice beater cars though. It is not unusual to see 5 of them at a 4-way-stop intersection. You should be able to get one at an OTD price of $30K or less. The RX350 is larger than I need or want.
by fredflinstone
Fri Jun 23, 2017 4:24 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 8283

Re: Bogleheads: Please help me pick a new car

Here is a CPO 2015 Lexus NT 200t in my state that looks interesting: https://www.cargurus.com/Cars/inventorylisting/viewDetailsFilterViewInventoryListing.action?sourceContext=carGurusHomePage_false_0&CPOView=true&entitySelectingHelper.selectedEntity=d2293&zip=80906#listing=174297893 I believe it mee...
by fredflinstone
Fri Jun 23, 2017 4:05 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 8283

Re: Bogleheads: Please help me pick a new car

finite_difference wrote:What about the Acura TLX w/ AWD?
I tried this car out and liked it, but Consumer Reports gave it poor reviews for reliability.
by fredflinstone
Thu Jun 22, 2017 8:38 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 8283

Bogleheads: Please help me pick a new car

OK, guys, I asked you for some advice 7 years ago and you told me to get an Acura MDX. I did so and it has been a great car. 116,000 miles so far with no problems whatsoever. My daughter Pebbles turned 16 this week and I gave her the car for her birthday. So now I need a new car. Background: I drive...
by fredflinstone
Mon Nov 28, 2016 8:48 am
Forum: Investing - Theory, News & General
Topic: I'm calling a bond bottom.
Replies: 31
Views: 7653

Re: I'm calling a bond bottom.

It feels to me like the bond market is overreacting to the election. I'm using this bond market massacre as an opportunity to move some assets from stocks to bonds (rebalancing). I'm also moving some assets from short-term bond funds to long-term bond funds. Just wondering, since you tossed out thi...
by fredflinstone
Sun Nov 27, 2016 2:31 pm
Forum: Investing - Theory, News & General
Topic: I'm calling a bond bottom.
Replies: 31
Views: 7653

I'm calling a bond bottom.

I see that iShares Barclays 20+ Yr Treas.Bond ETF [TLT] is down 8.3 percent since November 8. It is down 14 percent since July 29. Yet all the factors that have been driving down prices and buoying bonds during the last few decades are still operative (e.g., globalization, offshoring, outsourcing, d...
by fredflinstone
Wed Aug 10, 2016 6:20 am
Forum: Personal Consumer Issues
Topic: Visiting Washington, DC
Replies: 27
Views: 2614

Re: Visiting Washington, DC

Arlington National Cemetery is not to be missed.
http://www.arlingtoncemetery.mil/
by fredflinstone
Tue Aug 02, 2016 7:35 am
Forum: Investing - Theory, News & General
Topic: "[Gold] is now a relatively high-yielding asset, yielding, as it does, nothing."
Replies: 4
Views: 714

Re: "[Gold] is now a relatively high-yielding asset, yielding, as it does, nothing."

By comparison, the current yield is on a 30-year TIPS is 0.63. Does that not mean that Grant is, technically speaking, incorrect?
by fredflinstone
Mon Jul 25, 2016 9:18 am
Forum: Investing - Theory, News & General
Topic: Another dodgy hedge fund. Echoes of Bernie Madoff.
Replies: 10
Views: 2323

Re: Another dodgy hedge fund. Echoes of Bernie Madoff.

Tamalak wrote:I don't give a damn if they do.. if you chuck your money in a black box with smoke spewing out of it you clearly don't care that much about it :twisted:


So, blame the victim?
by fredflinstone
Mon Jul 25, 2016 6:59 am
Forum: Personal Consumer Issues
Topic: Traveling to Italy - 3 weeks in 2017, advice appreciated
Replies: 124
Views: 11723

Re: Traveling to Italy - 3 weeks in 2017, advice appreciated

I can't answer most of your questions, but I have a few insights about Rome, Naples, and Pompeii that may prove helpful. In July, Rome will be hot and crowded. If you are an early riser, I recommend waking up at 6 am on at least one day and going for a walk about town. Enjoy the Trevi fountain all b...
by fredflinstone
Mon Jul 25, 2016 6:24 am
Forum: Investing - Theory, News & General
Topic: Another dodgy hedge fund. Echoes of Bernie Madoff.
Replies: 10
Views: 2323

Another dodgy hedge fund. Echoes of Bernie Madoff.

Via the WSJ: Platinum has recorded some of the most impressive numbers in the hedge-fund world, double-digit average annual returns for over a decade. Beginning around 2012, however, with some investors wanting their money back, Platinum began borrowing heavily. According to documents reviewed by Th...
by fredflinstone
Sun Jul 10, 2016 6:57 am
Forum: Personal Consumer Issues
Topic: Three Days in Colorado Springs (August)
Replies: 28
Views: 2264

Re: Three Days in Colorado Springs (August)

If you are coming from a low-altitude place, drink lots of water before and during your trip.
by fredflinstone
Sun Jul 10, 2016 6:55 am
Forum: Personal Consumer Issues
Topic: Three Days in Colorado Springs (August)
Replies: 28
Views: 2264

Re: Three Days in Colorado Springs (August)

Pikes Peak - take the Cog railway to the top. Make reservations well in advance Hike up the Incline - do this only if you are in great shape. Walk down Barr trail. Garden of the Gods - this is a must-see Cave of the Winds Olympic Training Center USAFA Cheyenne Mountain zoo Walk around Manitou Sprin...
by fredflinstone
Sun Jul 10, 2016 6:45 am
Forum: Personal Finance (Not Investing)
Topic: Trust Fund Kid
Replies: 63
Views: 7031

Re: Trust Fund Kid

This young man is living within his means. I fail to see a problem. Isn't that what Bogleheads are all about -- living within one's means. There is nothing inherently wrong with a minimum wage job, especially for a young person (with or without a college degree). If he's unhappy, then there is a pro...
by fredflinstone
Thu Apr 28, 2016 3:08 am
Forum: Investing - Help with Personal Investments
Topic: talk me out of buying an individual stock (Facebook)
Replies: 112
Views: 17026

Re: talk me out of buying an individual stock (Facebook)

just for the record, FB stock has quintupled since I wrote the above post. And, no, I didn't buy the stock.
by fredflinstone
Wed Apr 06, 2016 2:43 pm
Forum: Investing - Theory, News & General
Topic: [DOL Rule on Fiduciary Standard is Released]
Replies: 105
Views: 7624

‘Customers First’ to Become the Law in Retirement Investing

[Thread merged into here, see below (next page). --admin LadyGeek] The rules governing how financial professionals handle the trillions of dollars they invest on behalf of Americans saving for retirement are about to get a lot tougher. The Labor Department, after years of battling Wall Street and t...
by fredflinstone
Wed Apr 06, 2016 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Whom should I trust with trust management?
Replies: 29
Views: 3037

Re: Whom should I trust with trust management?

OK, I am leaning toward Vanguard. Called them twice and left v-mail messages. So far nobody has called back. Interesting.
by fredflinstone
Wed Apr 06, 2016 6:20 am
Forum: Personal Consumer Issues
Topic: Paying for kid's graduate school?
Replies: 49
Views: 4827

Re: Paying for kid's graduate school?

Not quite the same but close..... Our son completed an undergrad music ed degree and wanted to go directly onto a master's in performance before beginning a teaching career in public school. His grad school choices were an the instate flagship he could commute to (we'd supply free room and board), ...
by fredflinstone
Wed Apr 06, 2016 6:14 am
Forum: Personal Consumer Issues
Topic: Paying for kid's graduate school?
Replies: 49
Views: 4827

Re: Paying for kid's graduate school?

It has been many years now since faculty voices within academia have been speaking out against adjunct hiring, which is the low-wage semester-by-semester hiring of university professors that has replaced full-time status for approximately 75% our country’s college educators. Gradually, awareness of...
by fredflinstone
Wed Apr 06, 2016 6:02 am
Forum: Personal Consumer Issues
Topic: Paying for kid's graduate school?
Replies: 49
Views: 4827

Re: Paying for kid's graduate school?

sdsailing wrote:Most humanities fields the chance of a tenure track job is close to nil. However I cannot comment on music. I urge caution.


This.