Search found 274 matches

by kmurp
Thu Aug 30, 2018 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds versus Vanguard S and P 500
Replies: 37
Views: 5994

Re: American Funds versus Vanguard S and P 500

One thing to remember is that in a 401k one usually doesn’t pay a load and there’s no tax drag. If you’re lucky you will also have access to a lower ER share class. One could do much worse than this company though they did hurt people with their bond fund in 08.
by kmurp
Wed Aug 15, 2018 5:38 pm
Forum: Investing - Theory, News & General
Topic: Bullish/bearish on GE? Make your case here - new lows today
Replies: 60
Views: 5100

Re: Bullish/bearish on GE? Make your case here - new lows today

I live in an area with many GE employees and an even larger number of GE retirees. GE used to be a huge employer in this area and still has significant size operations but layoffs have been a recurring headline through my time here. My late husband worked there briefly (in fact the GE job was what ...
by kmurp
Fri Jul 20, 2018 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Social security claiming divorced spouse
Replies: 3
Views: 638

Re: Social security claiming divorced spouse

So it looks like she would be entitled to 1/2 of ex spouse FRA benenefit when SHE reaches FRA. From the SS website “Your benefit as a divorced spouse is equal to one-half of your ex-spouse's full retirement amount (or disability benefit) if you start receiving benefits at your full retirement age. T...
by kmurp
Fri Jul 20, 2018 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Social security claiming divorced spouse
Replies: 3
Views: 638

Social security claiming divorced spouse

I have a friend: Born 1956 Low PIA. Ex husband likely has the maximum social security earnings (high earner) She was told by social security that she could claim on her own record at 62 or FRA then to “check with her ex husband each year” to see if he has started to claim. Only then, could she claim...
by kmurp
Fri Jul 20, 2018 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Ladder Managed Account
Replies: 31
Views: 1729

Re: Bond Ladder Managed Account

A bond ladder is simply a collection of individual bonds. Over time the individual bond prices fluctuate and as they approach maturity they get closer to par value. A bond fund is simply a collection of individual bonds. Over time the individual bond prices fluctuate and as they approach maturity t...
by kmurp
Fri Jul 20, 2018 5:52 am
Forum: Investing - Help with Personal Investments
Topic: $800,000 Windfall. Love the 3-Fund portfolio approach. Wealth Managers in contact
Replies: 33
Views: 4305

Re: $800,000 Windfall. Love the 3-Fund portfolio approach. Wealth Managers in contact

Doesn’t Vanguard offer a one time financial planning session for this amount of money?
by kmurp
Thu Jul 12, 2018 7:06 pm
Forum: Investing - Theory, News & General
Topic: Home ownership vs investing -- condos vs renting, etc
Replies: 108
Views: 5942

Re: Home ownership vs investing -- condos vs renting, etc

A home is both consumption item and investment. It could appreciate or depreciate in value in short term, will keep up with inflation in longer term. A house could be bought with leveraged loan (low interest). So a 5X leverage would enlarge your gain or loss 5X. House ownership has a lot cost (repa...
by kmurp
Thu Jul 12, 2018 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: Like Lifestrategy Funds but???
Replies: 32
Views: 3665

Re: Like Lifestrategy Funds but???

Are there any issues in holding one lifestyle fund in retirement vs a three fund with regards to withdrawals and rebalancing?
by kmurp
Sun Jul 01, 2018 6:44 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 13916

Re: What are your property taxes?

Upstate NY. Just under 3% combined school/property.
by kmurp
Thu Jun 28, 2018 10:22 pm
Forum: Personal Consumer Issues
Topic: Anyone Tried Youtube TV Yet?
Replies: 42
Views: 4202

Re: Anyone Tried Youtube TV Yet?

One big advantage to youtubetv, (which I have), is they offer local channels in many markets such as ours. This was important to us as we can’t seem to get good antenna reception. I do think that sports, on my setup, don’t always look as natural as cable. I think they have a frame rate issue at time...
by kmurp
Wed Jun 27, 2018 6:11 pm
Forum: Personal Consumer Issues
Topic: those with whole home generators: who installed it?
Replies: 28
Views: 2026

Re: those with whole home generators: who installed it?

Just jumping in to say I'm reviewing all the posts - thank you! Especially to those who shared so much detail about their own installs. So helpful. Some of you had some pretty good experiences with generac, despite the threads mentioning issues. For posters recommending portable generators with tra...
by kmurp
Wed Jun 27, 2018 5:29 am
Forum: Investing - Theory, News & General
Topic: GE and the myth of "safe blue-chip stocks"
Replies: 140
Views: 21350

Re: GE and the myth of "safe blue-chip stocks"

I think they are keeping aviation aren’t they?
by kmurp
Tue Jun 26, 2018 7:08 pm
Forum: Personal Consumer Issues
Topic: those with whole home generators: who installed it?
Replies: 28
Views: 2026

Re: those with whole home generators: who installed it?

No experience but will be buying next year. We think we will be going with the largest,most stable local company because we want someone who will be around to service it.
by kmurp
Sun Jun 24, 2018 5:16 pm
Forum: Personal Consumer Issues
Topic: Front load washer gross moldy gasket
Replies: 38
Views: 3792

Re: Front load washer gross moldy gasket

We have had good results using powder soap instead of the liquid HE stuff.
by kmurp
Sat Jun 16, 2018 12:22 pm
Forum: Personal Consumer Issues
Topic: A vehicle that "sits up" but can't afford CRV
Replies: 63
Views: 5609

Re: A vehicle that "sits up" but can't afford CRV

Look for a one owner, cared for, serviced Lexus RX 350 from 2008 to 2011 with low miles. They exist. Just another option. People that buy new Lexus tend to take care of them. They also tend to buy another new Lexus. For some reason people don't want to buy used Lexus vehicles. That seems to drive t...
by kmurp
Thu Jun 14, 2018 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 49
Views: 3424

Re: Question for those who used 529 plans

My 529 grew very little. I started it in 2003 and it was in age based. Since my kids started college in 2008, very little was in the stock market.
by kmurp
Wed Jun 13, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement
Replies: 74
Views: 7467

Re: Forbes: https://www.forbes.com/sites/josephcoughlin/2018/06/11/millennials-arent-having-kids-heres-why-thats-a-probl

Assume the homeowner has no mortgage, what relevance does property taxes have on housing costs? You have to live somewhere, either you pay taxes or you pay rent there is no escaping cost. In life you learn to compromise. You don’t like wells, you don’t like septic systems. Have you searched for wha...
by kmurp
Fri Jun 08, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Large inheritance -- looking for advice
Replies: 56
Views: 6961

Re: Large inheritance -- looking for advice

Be sure you get the inherited IRA titled properly. Agree with the many opinions to sell the individual stocks. Very much agree with you using the Vanguard personal advisory service even for just one year to help you get things set up. It will cost a relatively small amount for you to have things don...
by kmurp
Fri Jun 08, 2018 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Investing a lump sum payout
Replies: 8
Views: 731

Re: Investing a lump sum payout

I believe muni bond funds were suggested to you because their interest, though lower than a regular bond fund, is largely not taxed. Therefore, the net return can be greater that a regular bond fund depending on your tax bracket. For a rough idea see this link: https://personal.vanguard.com/us/Funds...
by kmurp
Sun Jun 03, 2018 6:24 am
Forum: Personal Consumer Issues
Topic: Men's Health on Medicare
Replies: 19
Views: 2017

Re: Men's Health on Medicare

Many, (most?) prostate cancers do not occur on the outside of the gland and cannot be felt with a DRE. I’m no urologist but I think that the problem with a PSA is it picks up small cancers which most of the time will not kill you. A high PSA leads to a biopsy which, if positive, creates a dilemma. W...
by kmurp
Mon May 28, 2018 4:30 pm
Forum: Personal Consumer Issues
Topic: Remote temperature monitoring
Replies: 22
Views: 1916

Re: Remote temperature monitoring

I’m not sure what I would do if I were in Florida for the winter and my house in the north was dropping in temperature due to an extended power loss.
by kmurp
Sun May 20, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring soon - some questions
Replies: 27
Views: 3519

Re: Retiring soon - some questions

I'm a bit curious that this is what you advise (although I'm sure there's a good rationale I'm missing). Maybe you are missing that the OP is spending down their taxable account. Whether one "sells" money market fund shares or shares in a tax-efficient, passively-managed stock index fund does not c...
by kmurp
Mon May 14, 2018 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Do I Still Need Disability Insurance
Replies: 6
Views: 633

Re: Do I Still Need Disability Insurance

I’d keep it. If you change jobs you lose the group policy and your next job may not offer as good of a group policy. Your personal policy travels with you.
by kmurp
Wed May 02, 2018 8:56 am
Forum: Personal Consumer Issues
Topic: Health insurance for a couple living in 10-12 cities in the US
Replies: 14
Views: 1441

Re: Health insurance for a couple living in 10-12 cities in the US

Our insurance plan has a national rider. Cigna and Magnacare are the two national networks we have has on our rider over the years. We need this due to a child in another state.
by kmurp
Thu Apr 12, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: DINK High Income Earners - how to lessen the tax impact?
Replies: 25
Views: 2770

Re: DINK High Income Earners - how to lessen the tax impact?

Talk to an accountant about setting up a defined benefit plan.
by kmurp
Tue Apr 10, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Please Evaluate My Portfolio and Make Recommendations
Replies: 30
Views: 1083

Re: What to do about Wife's Term Life Insurance Policy Nearing End?

I would consider looking at a ten year level term policy and then drop it when she is no longer working.
by kmurp
Sun Apr 08, 2018 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: If you want an actively managed fund, which one would you use?
Replies: 70
Views: 6120

Re: If you want an actively managed fund, which one would you use?

One with low turnover, relatively low expenses and significant investment in the fund by the fund managers.
by kmurp
Fri Apr 06, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Small company 401k plans
Replies: 42
Views: 3223

Re: Small company 401k plans

We use Newport for our plan which has maybe 40 members.
by kmurp
Tue Mar 27, 2018 8:28 am
Forum: Personal Finance (Not Investing)
Topic: If you couldn't get or get good long term diablity insurance
Replies: 11
Views: 809

Re: If you couldn't get or get good long term diablity insurance

Interested in this as well. My 26 year old healthy daughter was denied this month because of a history of migraines. Seems rather picky. I’m worsening if there is a way she can get the diagnosis off her medical record.
by kmurp
Fri Mar 16, 2018 4:37 am
Forum: Personal Consumer Issues
Topic: Modest stereo system
Replies: 57
Views: 4000

Re: Modest stereo system

Well, I don’t know your budget but can tell you what I did last year. I bought kef ls50w speakers. They are about $2000. Sound very very good. Compact, built in amplifier, WiFi and Bluetooth. No phono amp but we connect our turntable to it via an old 70s receiver which does have one and looks cool. ...
by kmurp
Tue Mar 13, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: Finally Cutting the Cord - YouTube TV
Replies: 40
Views: 7139

Re: Finally Cutting the Cord - YouTube TV

We've had YTTV for about 7 months. It works great. A few months ago a YTTV app showed up on our Samsung smart tv so I only stream from the phone or chromebook occasionally. We cut the cord a few years ago and also have netflix and amazon prime. The hd antenna hasn't been used since getting YTTV. On...
by kmurp
Tue Mar 13, 2018 9:38 am
Forum: Personal Consumer Issues
Topic: Finally Cutting the Cord - YouTube TV
Replies: 40
Views: 7139

Re: Finally Cutting the Cord - YouTube TV

We've had YTTV for about 7 months. It works great. A few months ago a YTTV app showed up on our Samsung smart tv so I only stream from the phone or chromebook occasionally. We cut the cord a few years ago and also have netflix and amazon prime. The hd antenna hasn't been used since getting YTTV. On...
by kmurp
Mon Mar 05, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: [Minimizing costs of a medical procedure (Colonoscopy)]
Replies: 87
Views: 7843

Re: [Minimizing costs of a medical procedure (Colonoscopy)]

Have had several over the years from an in office 20 years ago to a recent in hospital combo colon/endoscopy with anesthesia. Took out lots of polyps with none cancerous or pre-cancerous. All good news since I have been through prostate cancer radiation treatment in 2012. Bills were > $5K for both ...
by kmurp
Sun Mar 04, 2018 7:14 am
Forum: Personal Finance (Not Investing)
Topic: [Minimizing costs of a medical procedure (Colonoscopy)]
Replies: 87
Views: 7843

Re: [Minimizing costs of a medical procedure (Colonoscopy)]

Just make sure that the anesthesia group participates with your insurance.
by kmurp
Thu Mar 01, 2018 6:55 am
Forum: Investing - Theory, News & General
Topic: American Funds Actuve Management beats Index Funds
Replies: 16
Views: 2204

Re: American Funds Actuve Management beats Index Funds

Ina 401k there are usually no sales charges and, of course, no taxes while in the 401k. If you have R6 funds the fees are fairly low.
by kmurp
Wed Feb 14, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: rule of thumb of when to sell your car
Replies: 50
Views: 4279

Re: rule of thumb of when to sell your car

So my daughters 2011 civic with 75k miles just had two unscheduled repairs. One, the exhaust system was maybe $500. The second was loss of the airbag system due to wiring corrosion at $2000. Does this qualify as a reason to dump the car? She thinks yes and I think no.
by kmurp
Fri Feb 09, 2018 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Questions
Replies: 11
Views: 1006

Re: Tax Loss Harvesting Questions

Can you offset $3000 in income if you don’t itemize and just take the standard deduction? I’m likely not going to itemize under the new tax bill.
by kmurp
Sat Feb 03, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: (3-6 years to retirement) Appreciate an assessment
Replies: 11
Views: 1654

Re: (3-6 years to retirement) Appreciate an assessment

Don’t forget to account for income taxes in your firecalc withdrawals.
by kmurp
Thu Feb 01, 2018 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: 1099R error?
Replies: 6
Views: 569

Re: 1099R error?

As a follow up to all of you who kindly replied: turbo tax did handle the conversion correctly. I just wasn’t able to see that till I moved through the program further.
by kmurp
Thu Feb 01, 2018 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: How risky is Med school student loan debt?
Replies: 151
Views: 11362

Re: How risky is Med school student loan debt?

People have been predicting the death of medicine since long before I graduated (1983). Like stock market predictions, one day they may be right. That said, I would do it all over again ( but I’d save more money and “stay the course”).
by kmurp
Mon Jan 29, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: 1099R error?
Replies: 6
Views: 569

Re: 1099R error?

Ok. I’ll go back again over that section in the TurboTax program. I know she must owe taxes on the conversion so maybe the program is telling me that there’s no penalty as stated a few posts above. Thanks.
by kmurp
Mon Jan 29, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: 1099R error?
Replies: 6
Views: 569

1099R error?

I’m wondering if my daughters 1099r from vanguard is in error and looking for feedback. In short, she rolled over a 403 from an old employer to a vanguard IRA then converted to a Roth. The funds were pre tax. The 1099 shows code 2 which is non taxable? TurboTax says no taxes owed based on this but t...
by kmurp
Thu Jan 11, 2018 10:43 am
Forum: Personal Consumer Issues
Topic: Poll: BHs who rent - what % of gross do you spend on rent?
Replies: 71
Views: 4855

Re: Poll: BHs who rent - what % of gross do you spend on rent?

I don’t rent but one of my daughters pays 50% of her take home in rent (HCOL).
by kmurp
Wed Dec 20, 2017 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund if your tax circumstances will change in the future
Replies: 75
Views: 5967

Re: Donor Advised Fund if your tax circumstances will change in the future

Took me five minutes to set up at Fidelity and transfer appreciated shares that are also held at Fidelity. Very easy. Excellent website and integration with fidelity brokerage.
by kmurp
Tue Dec 19, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund if your tax circumstances will change in the future
Replies: 75
Views: 5967

Re: Donor Advised Fund if your tax circumstances will change in the future

So is it too late in the year to open one of these and fund it?
by kmurp
Sun Dec 17, 2017 8:37 pm
Forum: Personal Consumer Issues
Topic: Air Berlin fiasco
Replies: 6
Views: 1417

Re: Air Berlin fiasco

Wife and I are supposed to be leaving Boston to Florence on Air Berlin Saturday. The company in in bankruptcy and pilots are calling in sick in large numbers. Our outbound flight has been cancelled the past two days and the return flight looks to be permanently cancelled. That is, the route will no...
by kmurp
Sat Dec 16, 2017 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Are you prepaying real-estate taxes this year?
Replies: 16
Views: 2523

Re: Are you prepaying real-estate taxes this year?

1year23 wrote:
Fri Dec 15, 2017 8:48 pm
I asked my accountant about this and he said it wouldn't help because we are subject to AMT. Did anyone else get this response?
I got the same response.
by kmurp
Wed Dec 06, 2017 6:30 am
Forum: Personal Finance (Not Investing)
Topic: Cost of orthopedic cast
Replies: 8
Views: 919

Re: Cost of orthopedic cast

snowox wrote:
Wed Dec 06, 2017 6:27 am
Sounds to me that the first time they charges to put the cast on. The second time the hiked it because they had to remove the first cast then put new one on if I am reading and understanding your post correct.
I think you are probably correct. It just seems exorbitant.