Search found 4419 matches

by BolderBoy
Tue Nov 12, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Will I be audited?
Replies: 47
Views: 3567

Re: Will I be audited?

FIREchief wrote:
Mon Nov 11, 2019 6:49 pm
Does this mean I need to add my taxpayer ID# to a check that I write to my local church?
If the church doesn't file a form 990 then the IRS likely has no idea how much the church takes in the form of donations. Churches are usually exempt from filing 990s.
by BolderBoy
Tue Nov 12, 2019 10:53 am
Forum: Personal Finance (Not Investing)
Topic: OB/GYN Prepayment?
Replies: 20
Views: 1131

Re: OB/GYN Prepayment?

Katietsu wrote:
Mon Nov 11, 2019 11:02 pm
Would it make sense to view this almost like an escrow account?
Precisely!
by BolderBoy
Tue Nov 12, 2019 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Evaluating going self employed, what to consider?
Replies: 11
Views: 528

Re: Evaluating going self employed, what to consider?

Is it wise to think to build something on my own? For instance a franchise? Did anyone consider such a drastic change, and what are the factors to consider? You need to be very careful in selecting a franchise, if you decide to go that route. A friend from NZ decided to sack his quite adequate, ful...
by BolderBoy
Sun Nov 10, 2019 8:24 pm
Forum: Personal Consumer Issues
Topic: Saving seats on Southwest
Replies: 177
Views: 9582

Re: Saving seats on Southwest

They have no right to save anything. Feel free to say "sorry, or Flight Attendant". Hah! I encountered this problem on a SWA flight in October 2017 (going home from the BH meeting). The miscreant refused to let me take the seat. I was holding up the boarding process, turned and called out to the fl...
by BolderBoy
Fri Nov 08, 2019 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy the family cottage?
Replies: 90
Views: 7195

Re: Should I buy the family cottage?

The property may be worth $500K and dad will sell it to you for $150K. So you are getting an advance "inheritance" of $350K. This strikes me as a source of potential family strife on an on-going basis. Sure you've rationalized it as a means of keeping the cottage in the family and maybe you'll be a...
by BolderBoy
Wed Nov 06, 2019 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4543

Re: Best month to take RMDs?

Stinky wrote:
Wed Nov 06, 2019 11:06 am
I thought the first RMD had to be done in the year that you turn 70.5 ...
I think it has to be done the year after the year in which you turn 70.5. But if you wait until that year, you have to take two RMDs. Probably wiser to take the first RMD in the year you turn 70.5.
by BolderBoy
Fri Nov 01, 2019 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Managing Life with a Sick Kid
Replies: 8
Views: 1359

Re: Managing Life with a Sick Kid

I have filed for FMLA... and My wife and I have accepted the fact that it may take years to get back to some type of normal. The FMLA move is essential for you. You (and your wife) will really need to get involved with a support group, too. A crisis like this involving a child can be very tough on ...
by BolderBoy
Thu Oct 31, 2019 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Layoff: Need Assurance That We Will Be Okay
Replies: 153
Views: 12443

Re: Possible Layoff: Need Assurance That We Will Be Okay

Accordingly, my question to you is: If I lose my employment, and even if I do not receive any sort of severance package, will we be okay? Almost certainly, you will be okay. If you stop working now, you'll have a lot of zero-based SS years, so I wouldn't count on a lot of $$$ from SS when the time ...
by BolderBoy
Mon Oct 28, 2019 10:16 am
Forum: Personal Finance (Not Investing)
Topic: how much home and auto insurance do I need?
Replies: 11
Views: 674

Re: how much home and auto insurance do I need?

Do you have a liability umbrella policy, too? The requirements to get one will likely drive some of your auto policy minimums.

I think that your BI amount is too small.
by BolderBoy
Sat Oct 26, 2019 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: TODD question
Replies: 6
Views: 862

Re: TODD question

My mother filled a TODD (transfer on death deed) for her house. I am the beneficiary. If she still owns the house when she passes, my two siblings and I will want to sell the house and divide the proceeds equally between us. Why not file a new TODD which lists all three of you as the beneficiaries?
by BolderBoy
Sat Oct 26, 2019 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: How much does a "good school district" matter?
Replies: 76
Views: 6589

Re: How much does a "good school district" matter?

Does anyone have any advice regarding moving solely for the school system? Many of the surrounding towns are quite boring and lack diversity, but their test scores are great and they attract families who want their children to succeed. We are finding the decision-making process difficult. Parental ...
by BolderBoy
Fri Oct 25, 2019 5:19 pm
Forum: Personal Investments
Topic: Wife and I are taking a more active role in our investments. I need some advice.
Replies: 10
Views: 947

Re: Wife and I are taking a more active role in our investments. I need some advice.

1. We each have both a Roth IRA and and a Traditional IRA.  My question is, if we are planning on doing a three fund portfolio for each account, should our assets and allocations be the same for both the Roth and Tradition?  Are there advantages or disadvantages in buying different funds for each? ...
by BolderBoy
Thu Oct 24, 2019 10:37 am
Forum: Personal Consumer Issues
Topic: Is Google Drive enough for me?
Replies: 64
Views: 3738

Re: Is Google Drive enough for me?

3) Vanguard year end statements (pdf file) - I don't think there's a security concern. Would could someone possible do with such info? They can target you for XYZ. If you are quite sure the info doesn't need to be secure, send a copy to me each year or better yet, post it here. It is best to not lo...
by BolderBoy
Tue Oct 22, 2019 12:54 pm
Forum: Personal Investments
Topic: When you state your asset allocation are you including everything or just invested assets?
Replies: 25
Views: 1464

Re: When you state your asset allocation are you including everything or just invested assets?

Jack FFR1846 wrote:
Tue Oct 22, 2019 12:29 pm
bertilak wrote:
Tue Oct 22, 2019 12:25 pm
Invested assets.
same...
same...
by BolderBoy
Mon Oct 21, 2019 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Advice: Windfall Makes Working Worse Than Not Working
Replies: 70
Views: 9832

Re: Advice: Windfall Makes Working Worse Than Not Working

This would be my biggest question. If you plan to move back after one year, I think California would easily prove they are still your "domicile" and claim the taxes. You need to make permanent plans to move away. This is very important - your domicile must change. And don't use phrases like, "takin...
by BolderBoy
Tue Oct 15, 2019 9:55 pm
Forum: Personal Investments
Topic: How can I beat Vanguard Prime Money Market Fund in retirement account?
Replies: 22
Views: 3461

Re: How can I beat Vanguard Prime Money Market Fund in retirement account?

Hector wrote:
Tue Oct 15, 2019 10:02 am
How can I beat Vanguard Prime Money Market Fund in retirement account where I don't have access to Vanguard funds?
Why do you need a MMF in a retirement account?
by BolderBoy
Sat Oct 12, 2019 8:53 am
Forum: Personal Consumer Issues
Topic: When is private (elementary) school worth it?
Replies: 100
Views: 7685

Re: When is private (elementary) school worth it?

4. Are there other options besides private school? Should I ask to schedule a meeting and come up with a better plan? Any suggestions? Rather than a private school, how about a private tutor (in addition to the public school)? 2-3 hours per week should do it. With tutors you get what you pay for so...
by BolderBoy
Wed Oct 09, 2019 9:58 pm
Forum: Personal Consumer Issues
Topic: Consumer Reports
Replies: 36
Views: 3391

Re: Consumer Reports

I think CR is worthless. 2002 I bought a CR "best buy" recommended dishwasher. Worst DW I'd ever used. 2003 the same DW model was listed by CR as the worst DW ever made.
by BolderBoy
Sun Oct 06, 2019 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Asset protection
Replies: 34
Views: 3162

Re: Asset protection

my wife is a new nurse practitioner and the cost of personal malpractice insurance is very high $3k - $5k per year in relation to her salary which has led me down the asset protection route. She works under an MD who added her to his malpractice policy, but I don't want to rely on that. It is very ...
by BolderBoy
Sat Oct 05, 2019 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: SEP IRA, 401K and taxes
Replies: 2
Views: 177

Re: SEP IRA, 401K and taxes

Will all the available salary deferral space in the W2 employer 401k be used every year? Does the employer's 401k plan offer high quality investing options? Another consideration might be that 401k plans are protected by federal law from legal claims. IRAs are not (though many states extend the same...
by BolderBoy
Fri Oct 04, 2019 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Transitioning Job - Question about Tail Coverage [Medical malpractice]
Replies: 9
Views: 830

Re: Transitioning Job - Question about Tail Coverage

I have known an anesthesiologist who said he didn't purchase unlimited though. He told me me that those late, many years later lawsuits "never happen". I hope he is right for his sake! The primary purpose of buying a tail is to "buy legal representation". I have personal knowledge of an anesthesiol...
by BolderBoy
Tue Oct 01, 2019 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Necessity of extra insurance if single with no dependents?
Replies: 11
Views: 606

Re: Necessity of extra insurance if single with no dependents?

Critical Illness: $30,000 policy at $6.14 a paycheck. Accident: $8.20 a pay period. Putting that money towards my hsa, and keeping a larger emergency fund would work for me. Personally, in your situation I agree with Katietsu and would not buy these two extras. If you have a good health insurance p...
by BolderBoy
Mon Sep 30, 2019 10:48 am
Forum: Personal Finance (Not Investing)
Topic: How can I reduce tax exposure?
Replies: 14
Views: 1526

Re: How can I reduce tax exposure?

Taxable 1.25 % cash 27.11% Total Stock Index VTSAX (.05) 2.03 % Mid Cap Index VIMAX (.10) 2.68% Extended Index VEXAX (.14) 8.44% STAR fund VGSTX (.34) 14.97% Wellington VWEMX (.17) 4.26% Wellesley VWIAX (.16) 15.14 % Total Int Stock Index VTIAX (.16) 0.78 % TD Ameritrade LULU Lululemon stock 0.30 %...
by BolderBoy
Mon Sep 30, 2019 10:34 am
Forum: Personal Finance (Not Investing)
Topic: CMS direct debit hit twice [Medicare]
Replies: 47
Views: 3408

Re: CMS direct debit hit twice [Medicare]

jebmke wrote:
Mon Sep 30, 2019 10:09 am
credit hit this morning
Yep, mine too! Showing as a "reversal".
by BolderBoy
Sun Sep 29, 2019 2:20 pm
Forum: Personal Investments
Topic: Merrill Lynch Advisor wants to meet for coffee
Replies: 108
Views: 9505

Re: Merrill Lynch Advisor wants to meet for coffee

Raybo wrote:
Wed Sep 25, 2019 12:55 pm
It is just a cold call. Tell him you aren’t interested and leave it at that. You won’t be the first one to do so.
Exactly. Don't even waste your time with this.
by BolderBoy
Sun Sep 29, 2019 2:17 pm
Forum: Personal Investments
Topic: 100% Self managing Solo401K with Vanguard
Replies: 11
Views: 1147

Re: 100% Self managing Solo401K with Vanguard

"1) Is Vanguard going to provide plan administration services for you going forward (i.e. calculations of contributions, compliance testing, form 5500 preparation)? VG does not fill out this form for you (5500EZ) but VG does mail you the required 401k account $$$ info for you to do it yourself. The...
by BolderBoy
Sun Sep 29, 2019 8:53 am
Forum: Personal Finance (Not Investing)
Topic: CMS direct debit hit twice [Medicare]
Replies: 47
Views: 3408

Re: CMS direct debit hit twice [Medicare]

Medicare has not yet repaid me for the double charge of my September 20, 2019 premium. How about the rest of you guys? Am I the only one, or are others still waiting, too? Mine hasn't been reversed yet, either. Somewhere I read that this affected 400k+ accounts and may take into October to sort it ...
by BolderBoy
Fri Sep 27, 2019 9:02 am
Forum: Personal Consumer Issues
Topic: Morningstar survey
Replies: 9
Views: 783

Re: Morningstar survey

bertilak wrote:
Fri Sep 27, 2019 8:53 am
usagi wrote:
Fri Sep 27, 2019 1:42 am
... to avoid customer survey fatigue.
And boy do I have that!
Likewise. I now refuse all survey requests unless they are accompanied by $500 in cash.
by BolderBoy
Thu Sep 26, 2019 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Any Expats wishing to check in?
Replies: 4
Views: 648

Re: Any Expats wishing to check in?

me112964 wrote:
Thu Sep 26, 2019 6:18 am
Any Expats wanting to share their experiences? Thinking about retiring to Costa Rica when I hit my FIRE.
Are you fluent in Spanish?
by BolderBoy
Wed Sep 25, 2019 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Solar panel advice & experiences
Replies: 64
Views: 2901

Re: Solar panel advice & experiences

I got an estimate for solar panel installation on my roof. Who did the estimate? A salesman with zero engineering education? I have a west-facing roof with nearby, tall mountains to the west, and doubted the reasonableness of installing solar on it vis-a-vis the relative efficiency of current panel...
by BolderBoy
Tue Sep 24, 2019 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Pitfalls in owning a mobile home park
Replies: 16
Views: 2295

Re: Pitfalls in owning a mobile home park

What else to look out for? Be advised that you may have little power over the municipality or county passing an ordinance that guts your effective "ownership" of the property when the tenants own the home sitting on it. The mobile home park owners here in Boulder discovered that in the last year. E...
by BolderBoy
Mon Sep 23, 2019 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: CMS direct debit hit twice [Medicare]
Replies: 47
Views: 3408

Re: CMS direct debit hit twice [Medicare]

Sure enough, I was double-tapped as well. Came out of my HSA account.

This will be interesting. When MC reverses one of the transactions will the account custodian realize that or will they consider it a contribution?

Hmmmm.
by BolderBoy
Wed Sep 18, 2019 10:40 am
Forum: Personal Consumer Issues
Topic: Need to buy new over the range microwave; which brand/model is reliable?
Replies: 16
Views: 949

Re: Need to buy new over the range microwave; which brand/model is reliable?

Are there any reliable brands out there that actually last more than 3 years? Having to reorder and install is a pain. I'd rather pay more to get something reliable. I have a GE Advantium. Been using it daily for many years. Was $2500 new in 2003. I use it on one setting - High - and typically for ...
by BolderBoy
Wed Sep 18, 2019 10:32 am
Forum: Personal Finance (Not Investing)
Topic: "End of Life" Issues
Replies: 30
Views: 3251

Re: "End of Life" Issues

Prolonging life vs prolonging death. It isn't always black/white decision making. DNRs are problematic in many situations. What brought the person to the point of needing resusc. How much resusc do they need to come back to baseline? Will they get back to baseline with the resusc? If someone is goin...
by BolderBoy
Tue Sep 17, 2019 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Best Method to Inherit House
Replies: 19
Views: 2374

Re: Best Method to Inherit House

inbox788 wrote:
Mon Sep 16, 2019 8:06 pm
What state are you in? TOD is the simplest.
+1.

If the townhome is owned free-and-clear then this is probably the simplest/cleanest way.

Google "transfer on death deed" and your state.
by BolderBoy
Sun Sep 15, 2019 11:55 am
Forum: Personal Consumer Issues
Topic: VG "You've successfully logged off"
Replies: 18
Views: 1839

Re: VG "You've successfully logged off"

Yes, you should close the browser entirely (not just a tab). Here's a demonstration you can try: Login to Vanguard and go to your account. Do not log out, but open a new tab and navigate to the Vanguard site and your account - You may notice that you did not have to login on the new tab because you...
by BolderBoy
Sun Sep 15, 2019 11:04 am
Forum: Personal Consumer Issues
Topic: VG "You've successfully logged off"
Replies: 18
Views: 1839

VG "You've successfully logged off"

"We recommend that you close your browser window. Your browser may have retained a memory of the account information viewed during your session." Most of us have seen this logoff message issued by VG's web server. I've long wondered what is meant by "your browser window". Does that mean just the bro...
by BolderBoy
Sat Sep 14, 2019 11:43 am
Forum: Personal Consumer Issues
Topic: Do you trust Microsoft updating your Windows 7 machine?
Replies: 122
Views: 6540

Re: Do you trust Microsoft updating your Windows 7 machine?

Windows 7 is 10 years old. Windows 10 was offered as a free upgrade and I took it on my desktop and laptop. It works well. It's no longer free to upgrade. IMO you should have done so for free. It has been a couple of months but I was able to upgrade Win7 -> Win10 without issues. I think you still c...
by BolderBoy
Sat Sep 14, 2019 10:18 am
Forum: Personal Consumer Issues
Topic: Community Solar Gardens
Replies: 0
Views: 235

Community Solar Gardens

I just learned about these and have done some reading.

Anyone care to give some personal experiences about "investing" in one of these?

(NB: "investing" is a pretty loose term when used in this regard)
by BolderBoy
Fri Sep 13, 2019 8:51 pm
Forum: Investing - Theory, News & General
Topic: Negative Bond Interest Rates & NAV
Replies: 8
Views: 949

Re: Negative Bond Interest Rates & NAV

Ahhhhh. So if rates go negative and then go further negative the NAV would continue to rise.

Didn't know that. Thanks.
by BolderBoy
Fri Sep 13, 2019 11:37 am
Forum: Personal Finance (Not Investing)
Topic: social security benefit - confused about choosing start date
Replies: 35
Views: 3203

Re: social security benefit - confused about choosing start date

And I also don't want to start a month later than I should because my benefit won't increase and I will have lost a months payment. A friend recently went through this. She was 70 on May 2, 2019. She called the SSA in mid-July and was given a mid-August return-phone-call appointment. The SSA agent ...
by BolderBoy
Fri Sep 13, 2019 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Using automatic rebalance feature in Fidelity 401K: Optimal Frequency
Replies: 11
Views: 775

Re: Using automatic rebalance feature in Fidelity 401K: Optimal Frequency

I believe the balanced funds rebalance on a daily basis. Correct! I don't have the reference handy but an academic looked at the effect of various, time-related rebalancing schemes. He found that the best (though not necessarily statistically significant) results from rebalancing were garnered with...
by BolderBoy
Fri Sep 13, 2019 11:10 am
Forum: Investing - Theory, News & General
Topic: Negative Bond Interest Rates & NAV
Replies: 8
Views: 949

Re: Negative Bond Interest Rates & NAV

Okay, thank you both for the explanations so far.

With what you both said in mind, why would anyone buy a bond with a negative interest rate to start out? Can you please explain the rationale using the same type of explanations above?
by BolderBoy
Thu Sep 12, 2019 7:30 pm
Forum: Investing - Theory, News & General
Topic: Negative Bond Interest Rates & NAV
Replies: 8
Views: 949

Negative Bond Interest Rates & NAV

Bonds are strange critters to me. I understand that as a bond fund's interest rate goes up the NAV of the bond fund goes down. And vice-versa. What happens to the NAV as the interest rate approaches zero? What happens to the NAV if the interest rate goes negative? Uh, oh. Is this a calculus question?
by BolderBoy
Thu Sep 12, 2019 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Using automatic rebalance feature in Fidelity 401K: Optimal Frequency
Replies: 11
Views: 775

Re: Using automatic rebalance feature in Fidelity 401K: Optimal Frequency

AtlasShrugged? wrote:
Thu Sep 12, 2019 8:19 am
My head is telling me is to do this quarterly. But you know what....I really like the wisdom of the Boglehead crowd.
How often does Vanguard rebalance its balanced funds?

Do what VG does.
by BolderBoy
Tue Sep 10, 2019 9:57 pm
Forum: Personal Investments
Topic: New To This, Just Read Bogle's Little Book of Common Sense Investing!
Replies: 10
Views: 1210

Re: New To This, Just Read Bogle's Little Book of Common Sense Investing!

but what blows my mind is the loads... does that really mean I was paying roughly 5% just for the honor of putting my money in their funds?!? My Chase Rep never mentioned that when recommending funds, quite disappointing... Yes, that is what it means. And your Chase Rep may be compensated by commis...
by BolderBoy
Sat Sep 07, 2019 10:02 pm
Forum: Personal Consumer Issues
Topic: Danger of mail order drugs, recent television report
Replies: 26
Views: 2738

Re: Danger of mail order drugs, recent television report

Kaiser has a massive mail-order pharmacy program. I get my drugs from them. They used to come with a Colorado return address; now they seem to come from California.

Never noticed any problem with the drugs working.
by BolderBoy
Sat Sep 07, 2019 9:55 pm
Forum: Personal Consumer Issues
Topic: Mensa membership
Replies: 90
Views: 7311

Re: Mensa membership

I refuse to be a member of any club that would have me.
by BolderBoy
Sat Sep 07, 2019 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: LLC, S Corp or C Corp
Replies: 5
Views: 530

Re: LLC, S Corp or C Corp

aristotelian wrote:
Sat Sep 07, 2019 12:46 pm
I don't know the answer, but he could still write off expenses using vanilla sole proprietorship as well as do Solo 401k. If that is the reason, there is no need to do anything.
+1.
by BolderBoy
Sat Sep 07, 2019 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 36- Finance to Nursing/PA?
Replies: 40
Views: 3805

Re: Career change at 36- Finance to Nursing/PA?

The cost of schooling will stun you. It is generally harder to get into CRNA school than medical school. This is not true. You're right! I was using the 36:1, application:admission stats from 1991 when there were 50ish CRNA schools remaining. The number of schools has more than doubled since and cl...