Search found 950 matches

by Mitchell777
Mon Jun 11, 2018 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: EE savings bonds “doubling” in 2019
Replies: 7
Views: 1403

Re: EE savings bonds “doubling” in 2019

If we continue to hold them, will interest going forward compound on the newly adjusted higher face value amount, or only on the underlying principal value absent the Treasury guarantee? Can’t find this nuance addressed on the Treasury Direct website. The interest going forward is based on a recent...
by Mitchell777
Sat Jun 09, 2018 6:51 pm
Forum: Investing - Theory, News & General
Topic: Savings Bond Wizard to be eliminated 5/18
Replies: 68
Views: 11648

Re: Savings Bond Wizard to be eliminated 5/18

Thank you Maywood. That worked.
by Mitchell777
Thu Jun 07, 2018 7:01 am
Forum: Investing - Help with Personal Investments
Topic: Breaking Up and Staying On Good Terms with an Advisor
Replies: 28
Views: 3145

Re: Breaking Up and Staying On Good Terms with an Advisor

Tell him however you feel comfortable, but I would tell him directly. He may handle it well, especially since he handles your parent's money, or he may not. I had a situation many years ago where we moved my mother's money in a similar situation. That advisor did not take it too well but it was not ...
by Mitchell777
Mon Jun 04, 2018 7:29 pm
Forum: Investing - Theory, News & General
Topic: Don’t cheat yourself with the 4% rule
Replies: 159
Views: 17892

Re: Don’t cheat yourself with the 4% rule

The frightening part is if you read that article on Yahoo and then read the comments people make regarding the article.
by Mitchell777
Sun Jun 03, 2018 4:43 pm
Forum: Investing - Theory, News & General
Topic: Savings Bond Wizard to be eliminated 5/18
Replies: 68
Views: 11648

Re: Savings Bond Wizard to be eliminated 5/18

I thought I had the Wizard to Calculator working. Now when I go to the screen that shows Total Price and Total Value numbers, click on "Go to Savings Bond Calculator", then use Value as of 6/2018 an hit Update", nothing happens.
by Mitchell777
Sun Jun 03, 2018 7:14 am
Forum: Personal Consumer Issues
Topic: Men's Health on Medicare
Replies: 19
Views: 1805

Re: Men's Health on Medicare

If the Wellness visits do not cover blood work, BP, and PSA what do they cover? Although I can't find it now I thought I read in Medicare and You booklet that blood work was covered every five years. How does that work for people with high cholesterol and known heart disease?
by Mitchell777
Wed May 30, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: Estate Planning roadblocks - ideas?
Replies: 18
Views: 1843

Re: Estate Planning roadblocks - ideas?

LarryAllen wrote:
Tue May 29, 2018 6:52 pm
Charities for beneficiaries and private professional fiduciary for medical/financial decisions. Easy.
I haven't found it to be easy especially for medical decisions. Who or what are some examples of private professionals for medical decisions?
by Mitchell777
Tue May 29, 2018 5:17 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 216
Views: 30857

Re: 2-year CDs at Vanguard and Fidelity Today

I'm not sure what to believe. Another one popped up cusip 01748DBC9 with 6-15-20 maturity and 12-13-19 last coupon (semi annual)
by Mitchell777
Tue May 29, 2018 3:20 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 216
Views: 30857

Re: 2-year CDs at Vanguard and Fidelity Today

Kevin, or others. Does this mean you get no interest for the last month? Matures 6/8 but final coupon is 5/6 - Thanks CUSIP 949763RD0 <snip> I doubt it. Either it is a mistake, or they're lumping in the last interest payment with the principal repayment. I believe you are seeing this at Vanguard, a...
by Mitchell777
Tue May 29, 2018 2:38 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 216
Views: 30857

Re: 2-year CDs at Vanguard and Fidelity Today

Kevin, or others. Does this mean you get no interest for the last month? Matures 6/8 but final coupon is 5/6 - Thanks CUSIP 949763RD0 Security type Certificate of deposit Issuer Wells Fargo Bank, National Association Maturity 06/08/2020 Coupon 2.800 Debt ranking Unknown Security notes — FDIC no. 351...
by Mitchell777
Mon May 28, 2018 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: CD question
Replies: 5
Views: 672

Re: CD question

The 1.75% is probably an annual yield unless it's some sort of Special to get you in the door, in which case you probably would not be able to keep rolling it over at that rate
by Mitchell777
Sun May 27, 2018 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: What was your experience inheriting assets held at Vanguard?
Replies: 24
Views: 2202

Re: What was your experience inheriting assets held at Vanguard?

When my mother passed it went smoothly. I've had other recent interactions with Vanguard customer service that did not go so smoothly, but the inheritance seemed to go through a separate dept and they were experienced. They will ask questions and require info, which they should.
by Mitchell777
Sat May 26, 2018 2:34 pm
Forum: Investing - Theory, News & General
Topic: 5 yr CD up to 3.41% APY, NO EWP for seniors in IRA, but with catch
Replies: 43
Views: 5443

Re: 5 yr CD up to 3.41% APY, NO EWP for seniors in IRA, but with catch

please explain..........faster settlement As a side note, a new-issue CD sometimes starts trading on the secondary market at a higher net yield before its first settlement date, which is another reason I prefer the secondary market. Kevin - If it is new issue. how does it get onto the secondary mar...
by Mitchell777
Wed May 23, 2018 9:11 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 216
Views: 30857

Re: 2-year CDs at Vanguard and Fidelity Today

Thanks Kevin. I'm going to print this one. Very insightful.
by Mitchell777
Tue May 22, 2018 7:40 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 216
Views: 30857

Re: 2-year CDs at Vanguard and Fidelity Today

I see now that it reads "known future coupon rates" CUSIP 48125YZ98 Security type Certificate of deposit Issuer JP Morgan Chase Bank NA Maturity 05/20/2021 Coupon 1.250 Debt ranking Unknown Security notes — FDIC no. 628 State OH Coupon type Stepped: Known Future Coupon Rates Next coupon 11/20/2018
by Mitchell777
Tue May 22, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 216
Views: 30857

Re: 2-year CDs at Vanguard and Fidelity Today

Is a multi-step coupon (CD) just a step up CD (different yields for later time periods)? I always thought the owner controlled if and when the step up occurred and I'm not sure how that would work with a secondary CD through Vanguard. Would the yield Vanguard shows take that all into account? Thanks
by Mitchell777
Mon May 21, 2018 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 83
Views: 7851

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

In my mother's case they wanted to know every asset she had or transferred in the past 5 years. As far as a facility giving away your bed when you are in the hospital, I'm sure some will try anything. I'd have an attorney calling them real fast.
by Mitchell777
Mon May 21, 2018 5:43 am
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 83
Views: 7851

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

Even those with the ability to self insure, a long tail yearly claim of 100,000 in today's dollars for 10 or more years is a very tough pill to swallow. I can't speak to Alzheimer's but have experience with full nursing care. At least in my area, if you choose a facility that accepts Medicaid you n...
by Mitchell777
Sun May 20, 2018 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Buying shares in Demutualized bank
Replies: 19
Views: 1540

Re: Buying shares in Demutualized bank

I invested in a couple of these over the years and passed on a third. The first couple were easier to analyze as there was one tier only. If someone was buying a bank, let's say a small bank with limited ownership as an example, they would put up the money to buy the bank and the former owners would...
by Mitchell777
Sat May 19, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: What are downsides of ESPP @ 15% discount ?
Replies: 41
Views: 2963

Re: What are downsides of ESPP @ 15% discount ?

I don't see much downside. I did this for years although I held mine for 2 years+ to get the LTCG. It worked for me since the stock price generally rose, but it adds risk.
by Mitchell777
Wed May 16, 2018 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Selling land FSBO help please
Replies: 27
Views: 1390

Re: Selling land FSBO help please

Understand the value. Put a sign on the land and/or other advertisement. We once sold a house, using a realtor, in one day. A guy across the street saw the sign and bought it. Over the years I've sold a house without an attorney and sold a house without a realtor. Although I had no problems, I would...
by Mitchell777
Tue May 15, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Executor - Vanguard
Replies: 9
Views: 1202

Re: Executor - Vanguard

Appreciate the responses. Finding a firm to invest money if one is incapacitated in not difficult. Not saying there is no difference in who you choose. However finding a person or firm to handle Executor or POA is not easy if you have no children or younger relatives. The friend I considered using d...
by Mitchell777
Mon May 14, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Executor - Vanguard
Replies: 9
Views: 1202

Executor - Vanguard

Just looking for confirm something. I just spoke to Vanguard regarding Trust Services, specifically Trustee, Executor, and POA. I was told they will act as Trustee for the investments, but not Executor or POA. Last time I had my will updated (several years ago) my attorney spoke to them and was unde...
by Mitchell777
Sat May 12, 2018 7:40 am
Forum: Personal Finance (Not Investing)
Topic: "Patient paid amount" for month of death in nursing home?
Replies: 33
Views: 3928

Re: "Patient paid amount" for month of death in nursing home?

Sorry for your loss. I understand SS clawing back the monthly payment which they will do. I can't understand why a grandchild would be expected to make it up unless it has something to do with you paying the delta for the private room. I don't think it should but I cannot think of anything else. The...
by Mitchell777
Fri May 11, 2018 4:57 am
Forum: Personal Consumer Issues
Topic: Do you know anyone unhappy in a CCRC?
Replies: 41
Views: 4670

Re: Do you know anyone unhappy in a CCRC?

Everyone can have a different experience but you are correct to "doubt it". Meal time was difficult in my experience. There could be 4 or 5 people in the little dining area that could not feed themselves. I fed my mother when I was there. Otherwise there were 2 CNA's to feed people and maybe one vo...
by Mitchell777
Thu May 10, 2018 8:13 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 216
Views: 30857

Re: 2-year CDs at Vanguard and Fidelity Today

Thanks Kevin. Stupid question but when I bring up, in Vanguard, a listing of both new and secondary issues that interest me I can click on the "BUY" action on new issues but cannot on the Secondary issues. For example I can't click on "BUY" for 2007GCNI Ally. The BUY button is not highlighted and c...
by Mitchell777
Thu May 10, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 216
Views: 30857

Re: 2-year CDs at Vanguard and Fidelity Today

Thanks Kevin. Stupid question but when I bring up, in Vanguard, a listing of both new and secondary issues that interest me I can click on the "BUY" action on new issues but cannot on the Secondary issues. For example I can't click on "BUY" for 2007GCNI Ally. The BUY button is not highlighted and ca...
by Mitchell777
Thu May 10, 2018 4:12 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 216
Views: 30857

Re: 2-year CDs at Vanguard and Fidelity Today

Was that 795450P58 SALLIE MAE BK SLT LAKE CITY UT CD 2.70000% 05/11/2020? I bought 10 at a slightly lower yield, then saw another batch become available at the higher yield with minimum quantity 20. At $1 commission, that's about 2.81% net for the former and 2.83% net for the latter. Yes believe so...
by Mitchell777
Thu May 10, 2018 2:50 pm
Forum: Personal Consumer Issues
Topic: Do you know anyone unhappy in a CCRC?
Replies: 41
Views: 4670

Re: Do you know anyone unhappy in a CCRC?

One of my biggest concerns is dementia. I think that is a bigger risk than physical debilitation for us elderly. How is the facility going to provide care for that? My friend's parents moved into an upscale CCRC and then the mother developed Alzheimer's. Fortunately for her, the father was able to ...
by Mitchell777
Thu May 10, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: Do you know anyone unhappy in a CCRC?
Replies: 41
Views: 4670

Re: Do you know anyone unhappy in a CCRC?

I've wondered what happens if the CCRC does not have a nursing bed when a resident needs to move from independent or assisted living to nursing. Or, when a bed is available but there are one or two people who will come from their personal home to nursing, paying $12K per month vs. The $4.5K per mont...
by Mitchell777
Wed May 09, 2018 5:34 pm
Forum: Personal Consumer Issues
Topic: Do you know anyone unhappy in a CCRC?
Replies: 41
Views: 4670

Re: Do you know anyone unhappy in a CCRC?

At my parents’ CCRC, they were able to stay at the top of the wait list when they’d declined an apartment and so did not have to move until they were ready. They wanted a two bedroom unit, and those did not become available frequently. Whether they could have done this indefinitely and/or if their ...
by Mitchell777
Wed May 09, 2018 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Medicare supplement policy G -does it offer guaranteed issue rights if insurance company goes bankrupt or ends?
Replies: 18
Views: 1174

Re: Medicare supplement policy G -does it offer guaranteed issue rights if insurance company goes bankrupt or ends?

Are there published rules regarding medical underwriting, or is it whatever the insurance carrier decides? Everyone I know personally in my area is signing up for Plan F as we reach 65 this year. I'd prefer F also with one major concern. In 2020 the youngest and healthiest people in Plan F will be 6...
by Mitchell777
Tue May 08, 2018 4:56 pm
Forum: Personal Consumer Issues
Topic: Medicare Phone Calls
Replies: 26
Views: 2285

Re: Medicare Phone Calls

Just an update for those receiving the calls. After I told a Supplemental phone sales person that I am still working (I'm really not) and will not be signing up for Medicare, the number of calls I receive went from 8 to 15 a day to 4 or 5 per day. Today I picked up another that comes all the time. W...
by Mitchell777
Tue May 08, 2018 2:28 pm
Forum: Personal Consumer Issues
Topic: Do you know anyone unhappy in a CCRC?
Replies: 41
Views: 4670

Re: Do you know anyone unhappy in a CCRC?

2. Take a good look at the assisted living and nursing home areas and if possible talk to people in them. Although they were touted as being top of the line in my mother's case, they were not adequately staffed and were depressing places. After short stints in both, after falls, she declared that s...
by Mitchell777
Mon May 07, 2018 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Elder Care Advice
Replies: 26
Views: 2188

Re: Elder Care Advice

consider first using the money in the tax deferred accounts so you can deduct the nursing care costs against that income. Thanks for the advice. Was considering this. Quick google search revealed... "The IRS allows you to deduct qualified medical expenses that exceed 7.5% of your adjusted gross inc...
by Mitchell777
Mon May 07, 2018 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA: Anyone know if you qualify if you resign?
Replies: 13
Views: 1245

Re: COBRA: Anyone know if you qualify if you resign?

I used it after resigning about a year ago. As I recall It does not matter how you leave other then being fired for some illicit or illegal activity
by Mitchell777
Mon May 07, 2018 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare supplement policy G -does it offer guaranteed issue rights if insurance company goes bankrupt or ends?
Replies: 18
Views: 1174

Re: Medicare supplement policy G -does it offer guaranteed issue rights if insurance company goes bankrupt or ends?

Learn something new every day. Apparently plans D, G, M, N do not have guaranteed issue rights. Kind of strange because the only difference between Plans C -> D and F -> G are the Medicare Part B deductible. Especially, considering that Plans C & D can not be sold to new enrollees starting 1/1/2020...
by Mitchell777
Mon May 07, 2018 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Elder Care Advice
Replies: 26
Views: 2188

Re: Elder Care Advice

Sorry. This is tough to go though. Just a financial thought. If and when tax deductible nursing care becomes necessary, consider first using the money in the tax deferred accounts so you can deduct the nursing care costs against that income.
by Mitchell777
Wed May 02, 2018 12:39 pm
Forum: Investing - Theory, News & General
Topic: 401k Stable Value Fund Rates?
Replies: 35
Views: 2543

Re: 401k Stable Value Fund Rates?

Was just thinking about this. Mine has been at 2% for the past 1, 3 and 5 yr periods (plus or minus 4 basis points). Thought I may see a very small uptick recently since the turnover is very high, but no change (returns show per month - still at 2%). Good bit of government paper in the fund and much...
by Mitchell777
Wed May 02, 2018 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Savings bond Wizard says Rate N/A for I bonds
Replies: 19
Views: 1903

Re: Savings bond Wizard says Rate N/A for I bonds

I had forgotten about this. When I updated the Wizard yesterday, it updated as usual. I checked a few. Guess this will be the last month.
by Mitchell777
Mon Apr 30, 2018 2:53 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 216
Views: 30857

Re: 2-year CDs at Vanguard and Fidelity Today

Kevin - Thanks. I'm just starting to buy CD's and Treasuries again and your insights are very helpful
by Mitchell777
Sat Apr 28, 2018 9:11 am
Forum: Personal Consumer Issues
Topic: Do you sell or donate unused items?
Replies: 46
Views: 2799

Re: Do you sell or donate unused items?

I've been struggling with this for some time as I declutter three generations of stuff. So far I've donated 99% of it (got a little tax deduction last year, probably nothing this year). I struggle because I know I could sell some of it but I don't want the hassle. Not that it would be a hassle for e...
by Mitchell777
Fri Apr 27, 2018 5:32 pm
Forum: Investing - Theory, News & General
Topic: Yield Curves-Treasury, CD, AA/AAA muni
Replies: 93
Views: 9326

Re: Yield Curves-Treasury, CD, AA/AAA muni

Sorry if I missed it but what is the cost to sell a Treasury? I see Vanguard does not handle the sale but will provide access to an OTC market. I know the bid/ask part just not sure what additional costs there may be. I'm not sure I want to sell but I bought a 5 year note a month or so ago at 2.625%...
by Mitchell777
Fri Apr 27, 2018 12:04 pm
Forum: Personal Consumer Issues
Topic: Medicare Phone Calls
Replies: 26
Views: 2285

Re: Medicare Phone Calls

These are almost certainly not Medicare. I get back and knee brace calls and I'm decades away from Medicare. As this is a financial website, I know of some people who are suing these telemarketers. One guy is taking a mid 5 figure amount pre-suit. They are Medicare related calls (not the government...
by Mitchell777
Thu Apr 26, 2018 3:29 pm
Forum: Personal Consumer Issues
Topic: Medicare Phone Calls
Replies: 26
Views: 2285

Medicare Phone Calls

At the beginning of this month I was six months from 65. I started to get a lot of unsolicited calls the first Monday of the month. I thought it would end but it's weeks later and still getting 8 to 15 per day, 5 days per week. I turned off the phone so I don't need to hear the constant ringing but ...
by Mitchell777
Wed Apr 25, 2018 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: MAGI and Medicare Premium
Replies: 17
Views: 2130

Re: MAGI and Medicare Premium

So I just returned from the SS office, where I filed for Medicare. All went smoothly but the lady couldn't take the SSA-44 form (showing life changing event -- in my case DW's retirement) with the application. She said that I should wait until I am billed (not yet taking SS), and file then. So it s...
by Mitchell777
Wed Apr 25, 2018 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: [Vanguard account locked out due to deceased owner]
Replies: 73
Views: 5423

Re: [Vanguard account locked out due to deceased owner]

When I went through this the accounts were locked. I was fortunate to have been handling the accounts for years so I had copies of statements. Otherwise it may have been more difficult. I can say the individual they gave me that handles inheritances was fairly efficient.
by Mitchell777
Sun Apr 22, 2018 5:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Surveys
Replies: 45
Views: 2616

Re: Vanguard Surveys

I received a couple requests recently but have not gotten to it. I've received a number of requests over the years as I recall, one which they paid me $25 to do but that one took about 30 minutes.
by Mitchell777
Mon Apr 16, 2018 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: How much salary did you negotiate?
Replies: 20
Views: 2702

Re: How much salary did you negotiate?

Every situation is different. It's difficult to advise when not in your shoes. I would offer this. This sort of negotiation is not like selling or buying a house where you will never deal with the other party again. You are going to work for one of them soon, and you may want to work for one of the ...
by Mitchell777
Mon Apr 16, 2018 9:29 am
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 216
Views: 30857

Re: 2-year CDs at Vanguard and Fidelity Today

What does "private" mean in this case? I'm thinking of purchasing a 2 or 3 yr new issue. I'm old enough to recall private banks and one of them went insolvent in my area. I assume this has a different connotation. - Thank you in advance 61760AKH1 Security type Certificate of deposit Issuer Morgan St...