Search found 303 matches

by Olav2
Wed May 24, 2017 8:37 am
Forum: Personal Investments
Topic: Relative owns lots of funds through various fund companies, can he combine?
Replies: 8
Views: 954

Re: Relative owns lots of funds through various fund companies, can he combine?

Thank you everyone for such great information. My thought as well was to help the heirs by getting it all in one place but excellent points about all the basis info, etc that I had not considered. He did ask for advice, obviously I would not discuss it unless he was interested, so no problems there....
by Olav2
Tue May 23, 2017 11:26 am
Forum: Personal Investments
Topic: Relative owns lots of funds through various fund companies, can he combine?
Replies: 8
Views: 954

Relative owns lots of funds through various fund companies, can he combine?

Hi all, A relative of mine is in his mid 70s and has accrued a bunch of mutual funds through the years. Some in IRAs, some in taxable, and mostly all held in the actual fund companies themselves. So funds from Janus sitting at Janus, Funds from Beacon at Beacon, etc. I'd love for him to at least agg...
by Olav2
Wed Feb 17, 2016 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: What happens to withholdings if I put 90% into 401k?
Replies: 19
Views: 4909

What happens to withholdings if I put 90% into 401k?

Hi All, I'd like to load up my 401k as fast as possible for this tax year. I was told I can put a maximum of 92% of my paycheck into it. The 401k is a traditional pre-tax plan. If I do that, what happens if I am only left with 8% in the paycheck? Will something happen where I will not be able to cov...
by Olav2
Fri Jun 14, 2013 2:24 pm
Forum: Personal Consumer Issues
Topic: Round-up and mulching.
Replies: 22
Views: 13616

Re: Round-up and mulching.

FYI, though Jap Knotweed is terribly invasive, its also the largest known source of Resveratrol, so maybe eat some of it instead of killing it all off?

What about putting down some weed barrier fabric under the mulch?
by Olav2
Sun Oct 28, 2012 1:17 am
Forum: Personal Finance (Not Investing)
Topic: Homeowner's insurance in Central Florida?
Replies: 5
Views: 625

Homeowner's insurance in Central Florida?

Hi all, I know there are quite a few Floridians in this forum, so thought I'd ask for some opinions. I am in the process of purchasing a new home near the Daytona Beach area on the mainland. I've heard some rough things about various companies, and many won't even insure in this area anymore. Has an...
by Olav2
Mon Jun 11, 2012 10:48 pm
Forum: Personal Investments
Topic: Highway robbery in 401k
Replies: 48
Views: 7977

Re: Highway robbery in 401k

Finally, estimate how long you are going to stay with the employer, and multiply that by the extra expenses; this is relevant because you can roll your account to an IRA when you leave, keeping the tax deferral but getting rid of the high expenses. My rule of thumb is that you should invest in the ...
by Olav2
Sat Jun 09, 2012 8:20 am
Forum: Personal Investments
Topic: Highway robbery in 401k
Replies: 48
Views: 7977

Re: Highway robbery in 401k

Can you roll over a 401k while you are still employed at the company providing the plan? Could you monthly just roll over your contributions to an IRA? I only wish this were possible! Unfortunately, your retirement is *somehow* linked to your current place of employment. :oops: My wife is a stay-at...
by Olav2
Fri Jun 08, 2012 11:49 am
Forum: Personal Investments
Topic: Highway robbery in 401k
Replies: 48
Views: 7977

Highway robbery in 401k

I thought I'd seen it all, but, now I work through one of those staffing companies as a W2 employee to the company I worked with previously as a full-time employee. I finally became eligible for their 401k plan and received the documentation from Hartford. Interestingly, I read that Hartford was rec...
by Olav2
Thu May 10, 2012 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage - rebate paid to borrower?
Replies: 5
Views: 1029

Re: Mortgage - rebate paid to borrower?

Thanks for the quick responses everyone. I'm still not completely *getting* it. The rebate has a footnote that says:

Rebate Paid to Borrower*

*Rebates are used to pay third party costs.

I am not sure what 3rd party costs are.
by Olav2
Thu May 10, 2012 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Need trustee company for trust
Replies: 36
Views: 5906

Re: Need trustee company for trust

The companies that were recommended to me were: 1) Northern Trust 2) A regional bank in my area 3) Fiduciary Partners 4) Vanguard Would you have any info on the costs asociated with Fiduciary and NT? I can't seem to locate the fee schedule on their websites. Fiduciary only says "a percent based on ...
by Olav2
Thu May 10, 2012 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Mtgprofessor/Goodmortgage.com for your mortgage?
Replies: 4
Views: 2552

Mtgprofessor/Goodmortgage.com for your mortgage?

Hi all, I'm buying my first house and the whole process is pretty daunting. I'm very concerned about the low rates/fees advertised by many mortgage brokers where they wait until they have you under the gun at the last minute and ratchet up all the fees and costs. I've read on this forum that some pe...
by Olav2
Wed May 09, 2012 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage - rebate paid to borrower?
Replies: 5
Views: 1029

Mortgage - rebate paid to borrower?

Hi all, I'm researching mortgages for a house we just made an offer on. At mtgprofessor.com, there is a chart that shows info for a 30 FRM at 3.875% as follows: Points and Fees Paid to Lender Rebate Paid to Borrower Lender 0 $497 goodmortgage.com $803 0 AmeriSave Does anyone know what exactly the re...
by Olav2
Wed May 02, 2012 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Waiver of premium for total disability on Term Life?
Replies: 5
Views: 1029

Re: Waiver of premium for total disability on Term Life?

gaucho20 wrote:How much does the rider add to the policy?
It seems to add $100 annually on a 20 yr $1m policy. ($435 -> $535)
by Olav2
Wed May 02, 2012 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Waiver of premium for total disability on Term Life?
Replies: 5
Views: 1029

Waiver of premium for total disability on Term Life?

Hi all, I am applying for a 20 year term life policy and one of the options is "Waiver of premium for total disability". Is this something I should ask about, or is it just an unnecessary expensive add-on? If useful, how can I tell how much to pay for the feature so I'm not overpaying for it? Thanks!
by Olav2
Tue Dec 13, 2011 10:37 am
Forum: Forum Issues and Administration
Topic: Passwords sent in plaintext
Replies: 8
Views: 1513

Re: Passwords sent in plaintext

It's not only someone hacking in as me, its basically anyone that can compromise the server, or any hop in between our machines and the server. They can watch the traffic and just collect all passwords. My major concern is that there are a lot of not so technical people on this forum who would reuse...
by Olav2
Tue Dec 13, 2011 1:35 am
Forum: Forum Issues and Administration
Topic: Passwords sent in plaintext
Replies: 8
Views: 1513

Passwords sent in plaintext

I just noticed that when you login, username and passwords are sent as plaintext over the wire, not even encrypted or over SSL. This seems pretty dangerous! Any reason this security risk can't be corrected?
by Olav2
Thu Dec 08, 2011 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Liability&Worker's comp for independent computer consultant
Replies: 6
Views: 498

Re: Liability&Worker's comp for independent computer consult

Well, I would be the 1 employee of the LLC (or possibly my wife and I, depending).
by Olav2
Thu Dec 08, 2011 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Liability&Worker's comp for independent computer consultant
Replies: 6
Views: 498

Liability&Worker's comp for independent computer consultant

Hi all, I'm in process of creating my own computer consulting company. Even though I work from home, my client requires me to have Worker's Comp insurance and General Liability insurance. Has anyone purchased this before? How do you select the limits for both? The client said it was required to show...
by Olav2
Thu Dec 01, 2011 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Cheapest Life insurance for 70 year old?
Replies: 8
Views: 3907

Cheapest Life insurance for 70 year old?

Hi all, I asked this question previously, but, the conversation turned more psychological than financial :) I was hoping someone could just give me some pointers on what kind of policy to research. My father needs an insurance policy with a $275k death benefit. Term doesn't seem to be the right choi...
by Olav2
Tue Nov 29, 2011 4:14 pm
Forum: Personal Investments
Topic: Contine making payments on Universal Life policy?
Replies: 11
Views: 811

Re: Contine making payments on Universal Life policy?

Thank you everyone for your helpful responses. Unfortunately, I am still quite confused. The fact that he let the payments lapse probably contributed to the lack of current cash value - the insurance company may have deducted the payments from the accumulated cash value at the time he stopped paying...
by Olav2
Tue Nov 29, 2011 2:13 am
Forum: Personal Investments
Topic: Contine making payments on Universal Life policy?
Replies: 11
Views: 811

Re: Contine making payments on Universal Life policy?

No question that I want to get in the middle. It is just that they consult me about financial decisions, and my main purpose is finding a way to get the best deal on the $275k of insurance. I am not getting in the middle of the argument, its just a matter of helping them decide what type of insuranc...
by Olav2
Mon Nov 28, 2011 10:50 pm
Forum: Personal Investments
Topic: Contine making payments on Universal Life policy?
Replies: 11
Views: 811

Contine making payments on Universal Life policy?

Hi all! My father was a schoolteacher for many years and when he retired he had 2 options: 1) take his pension at a higher payout until he died, or 2) take his pension at a lower payout until both him and my mother died. He chose option 1 with the caveat with my mother that he'd take out a $275k Uni...
by Olav2
Wed Nov 23, 2011 2:22 am
Forum: Personal Consumer Issues
Topic: Does anyone own a VitaMix blender?
Replies: 44
Views: 6270

Re: Does anyone own a VitaMix blender?

I'm honestly quite pissed at the Vitamix company. I purchased the blender a few years ago for $450. This included both the dry and wet container. Remember, this item is advertised to the Health Food crowd. One of the benefits touted by the company was the fact that you could make hot soup by pure fr...
by Olav2
Tue Nov 22, 2011 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Any independent computer consultants out there?
Replies: 17
Views: 1701

Re: Any independent computer consultants out there?

Are you and your wife healthy? If so private coverage using a HDHP with HSA should be a good fit. Never do group insurance if you go independent unless there is a health problem. We're all healthy, but the wife is pregnant, which is why I am considering a small group health plan. We're currently pr...
by Olav2
Tue Nov 22, 2011 2:42 am
Forum: Personal Finance (Not Investing)
Topic: Any independent computer consultants out there?
Replies: 17
Views: 1701

Re: Any independent computer consultants out there?

One other thing I should mention, to further complicate the matter. I live in FL and work in an office in my house. My coworkers are all in NYC (and I telecommute). So, I am assuming I'd have to form an LLC in NY State? Is this correct? Or, form it in Florida, but "foreign qualify" in NY? This might...
by Olav2
Tue Nov 22, 2011 1:27 am
Forum: Personal Finance (Not Investing)
Topic: Any independent computer consultants out there?
Replies: 17
Views: 1701

Re: Any independent computer consultants out there?

Thank you everyone, these replies have been very helpful! I am currently working directly through the company, I guess as a W-2 Employee, so they are withholding taxes and I believe am covered under their liability insurance if anything goes wrong. I am not too concerned about the risk there. Some p...
by Olav2
Mon Nov 21, 2011 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Any independent computer consultants out there?
Replies: 17
Views: 1701

Re: Any independent computer consultants out there?

Sorry for not including all pertinent info. This is what I have been told: Option 1 (part time), they would switch me to an hourly employee, but would not pay me for more than 34 hours per week. My hourly rate would be adjusted up to what I am paid now daily. So, the gross would be the same. The und...
by Olav2
Mon Nov 21, 2011 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Any independent computer consultants out there?
Replies: 17
Views: 1701

Any independent computer consultants out there?

Hi all, I know there are quite a few computer professionals in this group. I could use a little guidance. I currently work for a company in a "temporary worker" status, and HR has given me an ultimatum to change status by Jan 1. I work remotely in a home-office, 40 hours per week. They've given me 3...
by Olav2
Tue Oct 25, 2011 9:30 am
Forum: Personal Investments
Topic: Pregnant and no Maternity Coverage in FL
Replies: 4
Views: 1250

Re: Pregnant and no Maternity Coverage in FL

Thank you for the suggestion. I will definitely do that. As I said we already called the OB and she cut us a pretty big discount I think. So, next step is the hospital. I am less concerned with the known costs (ultrasounds, checkups) and more worried about the unknowns, like if there's any sort of p...
by Olav2
Tue Oct 25, 2011 2:19 am
Forum: Personal Investments
Topic: Pregnant and no Maternity Coverage in FL
Replies: 4
Views: 1250

Pregnant and no Maternity Coverage in FL

Hi all, I am self-employed living in FL. I actually work as a contractor for a company in NYC as a programmer, working remotely. Its a strange situation, I guess I'm a w2 employee, since they withhold taxes and basically give me a paycheck. But, the main difference is they do not extend group health...
by Olav2
Wed Jun 08, 2011 11:20 pm
Forum: Personal Consumer Issues
Topic: Sunscreen
Replies: 65
Views: 5613

I am surprised no one has posted this yet. The EWG released their list for 2011 of the best and worst sunscreens. This is the best: http://breakingnews.ewg.org/2011sunscreen/best-sunscreens/best-beach-sport-sunscreens/#tab1 The numbers next to each sunscreen is their calculated risk to your health b...
by Olav2
Fri Jun 03, 2011 8:21 pm
Forum: Personal Consumer Issues
Topic: Do Car Sun Shades Work?
Replies: 24
Views: 82217

We are in FL and we use one in the windshield as suggested, but also use an older floppy one to throw over our daughter's black car seat. Keeps the metal and black plastic parts from burning her when we strap her back in. I'm not sure if any old towel would do just as well, though.
by Olav2
Thu Jun 02, 2011 9:34 pm
Forum: Personal Investments
Topic: Roth Conversion for 2011 and/or Traditional IRA Contribution
Replies: 6
Views: 1610

Thanks, DS, that was really helpful advice. Looks like we will land around the cusp of 2 different tax brackets so the decision will be a bit dicey and we will likely need to wait until the end of the year to figure out how much of a tax hit we can take. But we will definitely keep your advice in ou...
by Olav2
Thu Jun 02, 2011 10:44 am
Forum: Personal Investments
Topic: Roth Conversion for 2011 and/or Traditional IRA Contribution
Replies: 6
Views: 1610

OK so I did file the 8606 and I figured out the tax. I might have done something stupid though. (I admit my husband is the true Boglehead and that I am merely highjacking his account). I had a small 401(k) at my former employer, which I rolled over into my traditional IRA. The good folks at Vanguard...
by Olav2
Mon May 30, 2011 11:32 am
Forum: Personal Investments
Topic: Roth Conversion for 2011 and/or Traditional IRA Contribution
Replies: 6
Views: 1610

Roth Conversion for 2011 and/or Traditional IRA Contribution

Hi Sorry if this has been asked before, but I had a question about converting my traditional IRA to a Roth. In years past, I was working and contributed to a traditional IRA because our combined income was too high for a Roth. Our traditional IRA contributions were not deductible because we also had...
by Olav2
Sun May 29, 2011 1:42 am
Forum: Personal Consumer Issues
Topic: Homemade Schnapps
Replies: 19
Views: 4280

This might interest you, along with the comments:

http://www.carniola.org/2006/08/how-to- ... hnapps.htm
by Olav2
Sat May 28, 2011 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Anyone use Vanguard Trustee Services, from beneficiary POV?
Replies: 4
Views: 1538

Thank you asset! It is very helpful. My main concern is that I am the only one skilled with (boglehead) investment knowledge and I'm concerned they might get talked into investments that are not necessary once I'm gone. Also, I'm a bit uncomfortable that my family is less than responsible with money...
by Olav2
Fri May 27, 2011 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Anyone use Vanguard Trustee Services, from beneficiary POV?
Replies: 4
Views: 1538

Anyone use Vanguard Trustee Services, from beneficiary POV?

Hi All, I'm in the process of preparing a trust for my 1-year old child in case anything should happen to me and my wife. I've decided on a family member to take legal guardianship, but I am concerned about the Guardian's financial responsibility. I've read good things about Vanguard Trust Services,...
by Olav2
Thu Apr 28, 2011 10:33 am
Forum: Personal Consumer Issues
Topic: Favorite cheap, easy, quick at-home meal
Replies: 99
Views: 15651

This was in the blogosphere today and looked interesting:

http://www.miketuritzin.com/writing/eat ... r-3-a-day/
by Olav2
Tue Apr 05, 2011 8:11 pm
Forum: Personal Investments
Topic: State 529 Plans
Replies: 16
Views: 2592

I was going to post the correction as well, from the initial link I posted on savingforcollege.com for MO: Contributions to Missouri AND non-Missouri 529 plans of up to $8,000 per year by an individual, and up to $16,000 per year by a married couple filing jointly, are deductible in computing Missou...
by Olav2
Tue Apr 05, 2011 12:40 am
Forum: Personal Investments
Topic: State 529 Plans
Replies: 16
Views: 2592

Utah, Nevada, New York are all popular ones due to their use of Vanguard funds and low expenses. This website might help you along:

http://www.savingforcollege.com/

This is the link to the MO plan:

http://www.savingforcollege.com/529_pla ... plan_id=30
by Olav2
Sun Mar 27, 2011 11:41 am
Forum: Personal Finance (Not Investing)
Topic: XBox 360 + Kinect for exercise?
Replies: 9
Views: 1638

I know you guys are right. I am totally looking for a justification. My usual splurge pattern is to at least wait until model 2.0 comes out, then I can get 1.0 on the cheap. The problem is there is always model 3.0 coming out :P I've held off on my various splurges for the past year or so, trying to...
by Olav2
Sat Mar 26, 2011 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: XBox 360 + Kinect for exercise?
Replies: 9
Views: 1638

XBox 360 + Kinect for exercise?

Hi all, I've decided the next gadget on my list of splurges is the XBox 360. I am by no means a hard-core gamer, or even a gamer at all for that matter, but I have seen video of a game called Dance Central that just looks like it would be a huge hit with the family. The thing is, it is basically pay...
by Olav2
Wed Mar 23, 2011 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Build ICF house in hurricane/tornado prone area?
Replies: 13
Views: 3098

Thank you everyone for your interesting responses. I am sure many think I'm crazy, but climatologists predict more volatile weather patterns in the future due to Climate Change. Don't want to get into a political discussion of course about it, but, for the sake of this conversation, let's just say s...
by Olav2
Tue Mar 22, 2011 1:22 am
Forum: Personal Finance (Not Investing)
Topic: Build ICF house in hurricane/tornado prone area?
Replies: 13
Views: 3098

Build ICF house in hurricane/tornado prone area?

I am planning to purchase a home in the next year or so. I live in an area (Central Florida) that is semi-prone to hurricanes and even tornadoes lately. And with the prediction of worse and more volatile weather in the coming years due to climate change, and my preference for being "green", I looked...
by Olav2
Fri Mar 18, 2011 10:34 pm
Forum: Investing - Theory, News & General
Topic: 529 suggestion
Replies: 7
Views: 1254

I looked into this very recently and after careful deliberation narrowed it down to NY and Ohio, based on the lowest expenses I could find across 529 plans. NY turned out to be cheaper, but their static and age based VG portfolios had no international allocation, so I chose the Ohio plan (the fees w...
by Olav2
Sat Mar 05, 2011 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance: HSA-Eligible vs. Traditional Policy
Replies: 9
Views: 2052

Thank you everyone, I now understand the nuances of the HSA plan and that was very helpful. Can someone speak to my question on how to decide between a high deductible policy+HSA and a traditional policy (with co-payments)? I will obviously pay more for the premiums, but would someone be so kind as ...
by Olav2
Sat Mar 05, 2011 11:42 am
Forum: Personal Investments
Topic: Are CollegeSure CDs still a good investment?
Replies: 3
Views: 1508

Anyone?

I'm wondering if these are like universal life or structured notes, good for the seller, bad for the buyer :)
by Olav2
Sat Mar 05, 2011 3:42 am
Forum: Personal Consumer Issues
Topic: Looking for some basic at home workout ideas
Replies: 30
Views: 4514

Just saw this and thought it might interest you:

http://www.mensjournal.com/everything-y ... is-a-lie/2