Search found 1701 matches

by guitarguy
Sat Nov 18, 2017 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Paid off my house. Now how to handle insurance and tax payments?
Replies: 21
Views: 1833

Re: Paid off my house. Now how to handle insurance and tax payments?

1/12th of property taxes + homeowners insurance auto deposited into a separate savings account at Ally. Pay winter taxes in Jan, and summer taxes & homeowners insurance in Jul from that savings account. All done online. Easy - few clicks of the mouse twice a year and it’s done. And a few pennies in ...
by guitarguy
Thu Nov 16, 2017 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed for parent's finances
Replies: 37
Views: 3027

Re: Advice needed for parent's finances

Another thing I was thinking about that I don't have experience with: Roth conversions. Would it make sense at all for her to convert small chunks of this tIRA to a Roth because she's in such a low tax bracket? After all, her eventual forced distributions from the tIRA at 70 1/2 will increase her re...
by guitarguy
Thu Nov 16, 2017 10:05 am
Forum: Personal Consumer Issues
Topic: Upgrading a flight - what are your rules?
Replies: 36
Views: 3143

Re: Upgrading a flight - what are your rules?

We've got a upcoming family trip, for four of us. On the way out, we have a single/direct 8 hr leg. On the way back, we have a 7hr redeye flight back. Right now we've got basic economy booked, and have the option to upgrade to econ plus. The fliers are 5'10", 5'6", and 2 fliers are 5'2" in height. ...
by guitarguy
Thu Nov 16, 2017 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed for parent's finances
Replies: 37
Views: 3027

Re: Advice needed for parent's finances

My question is, how does one sift through the bucket and determine "which" shares of the stock are being sold if they weren't all bought at the same cost basis price? For example, purchase 100 shares of a stock at $50/share. A year later purchase another 100 shares at $100/share. Hold for 5 years a...
by guitarguy
Thu Nov 16, 2017 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed for parent's finances
Replies: 37
Views: 3027

Re: Advice needed for parent's finances

I messed around with the calculator a little...unfortunately I don't have a great grasp on the key things to look for while contemplating "what if" scenarios. What are the red flags? Well, now, that is a VERY good question. It might even be worth asking on that dedicated thread, to see if you get a...
by guitarguy
Wed Nov 15, 2017 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed for parent's finances
Replies: 37
Views: 3027

Re: Advice needed for parent's finances

Guitarguy ... Did you see the Social Security Tax Impact Calculator mentioned in the Wiki page on Social Security Taxation? (I just now noticed it.) https://www.bogleheads.org/wiki/Social_Security_tax_impact_calculator (Disclaimers: I haven't downloaded the spreadsheet, and I haven't played with it...
by guitarguy
Tue Nov 14, 2017 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed for parent's finances
Replies: 37
Views: 3027

Re: Advice needed for parent's finances

First off thanks for the detailed info! :beer Back to the "how do taxes on investment accounts work" issue... Basic, important concept: qualified dividends and long term capital gains get special (advantageous) tax rates. I like to picture how they work in terms of a bar chart. The Finance Buff crea...
by guitarguy
Tue Nov 14, 2017 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed for parent's finances
Replies: 37
Views: 3027

Re: Advice needed for parent's finances

She may think she has good credit but without credit cards, mortgage or loans, she likely doesn't. Combined with no job, I doubt she'd qualify for a mortgage. Work with her to sign up for Credit Karma and check her credit score. It's free, fast and easy and doesn't ding her score. I just looked int...
by guitarguy
Tue Nov 14, 2017 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed for parent's finances
Replies: 37
Views: 3027

Re: Advice needed for parent's finances

One other question: Is Wells Fargo charging fees on the brokerage account that holds the DTE? An AUM fee? (Banks are usually really big on fees, so I would be surprised if they weren't, but I have no knowledge on how WF does brokerage accounts. And I'm guessing that no WF financial advisor is invol...
by guitarguy
Tue Nov 14, 2017 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed for parent's finances
Replies: 37
Views: 3027

Re: Advice needed for parent's finances

I misspoke using the word "fund" I think. At the top of her 1099-DIV, it says "DTE Energy Company Common Stock" so it appears it's a singular DTE stock holding. I agree this is worrisome to me as well with 1/4 of her total retirement assets in a single stock. I really need some good info on what to...
by guitarguy
Tue Nov 14, 2017 6:54 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed for parent's finances
Replies: 37
Views: 3027

Re: Advice needed for parent's finances

Also, on the DTE 1099 it's addressed as My Mother's Name TR UA 11/15/04 My Mother's Name Revocable Living Trust address, city, state, zip So in looking at this that reads like the trust is in her name. Hopefully that is the case. Also based on the date, if that TR UA means it was established in 200...
by guitarguy
Mon Nov 13, 2017 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed for parent's finances
Replies: 37
Views: 3027

Re: Advice needed for parent's finances

An unrelated question - your father died 20 years ago and your mother is 66. How is it she has been collecting SS benefits for 20 years? Is that her only source of income? Yes. She was a stereotypical June Cleaver stay at home mom with 3 boys age 11 (me), 8, and 5 when my dad died. I never really g...
by guitarguy
Mon Nov 13, 2017 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed for parent's finances
Replies: 37
Views: 3027

Re: Advice needed for parent's finances

Are you talking about selling some of the stock and discontinuing the dividends from the IRA (that is reinvesting them instead)? The difference tax-wise would be that she'll pay capital gains taxes on the dfference between the sell price and her cost basis in the stock. The dividends from the IRA a...
by guitarguy
Mon Nov 13, 2017 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed for parent's finances
Replies: 37
Views: 3027

Re: Advice needed for parent's finances

Taxable: $106k in DTE stock in Revocable Living Trust at Wells Fargo. I'm guessing this was setup when my Dad died? But not sure and neither is she. <skip> 2. What should I suggest to do with the taxable stock fund? Could you clarify exactly what the "DTE stock" you mention is? If I type "DTE" into...
by guitarguy
Mon Nov 13, 2017 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed for parent's finances
Replies: 37
Views: 3027

Re: Advice needed for parent's finances

Lots of good advice already, adding some minor thoughts. You certainly can manage her accounts online, my brother did that for my Mom at Vanguard (get the form signed). Your Mom's last tax return folder should have statements or 1099 forms for those accounts, they will at least give you all the acc...
by guitarguy
Mon Nov 13, 2017 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed for parent's finances
Replies: 37
Views: 3027

Re: Advice needed for parent's finances

A few thoughts, in no particular order: Since she is somewhat dependent on the dividends from the stock and her IRA, she may be unhappy with more bond exposure. That assumes that the IRA will throw off less income if you move a large percentage to bonds, as you said. Note that I am not arguing that...
by guitarguy
Mon Nov 13, 2017 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed for parent's finances
Replies: 37
Views: 3027

Re: Advice needed for parent's finances

Two thoughts before the experts come along: 1. There is a contingent of folks on here who will point out that you logging in to your mom's account is impersonating her and is technically illegal or at least against the terms of service. They would tell you to instead fill out a form for each compan...
by guitarguy
Mon Nov 13, 2017 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed for parent's finances
Replies: 37
Views: 3027

Advice needed for parent's finances

Hi All, So my mom has asked me to look over her finances and advise her...basically she's asked for my advice in making sure things are setup in her best interest, and also just about as important, to help explain things to her. Basically she has very little idea about her full financial picture asi...
by guitarguy
Mon Oct 23, 2017 12:41 pm
Forum: Personal Consumer Issues
Topic: what is your weekly workout routine?
Replies: 68
Views: 4301

Re: what is your weekly workout routine?

On MWF I do this Bodyweight workout: 5 sets each of: 10 pull-ups (including wide grip, close grip, and chin-ups) 10 squats 10 pushups Planks: 30 sec each front plank, right side plank, left side plank, then stretch 3-5 times a week I walk 3 miles. I've been working out for decades. Doing Bodyweight...
by guitarguy
Fri Oct 20, 2017 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

Re: I have to fire someone that I care about personally

Honest thanks to everyone that gave me constructive advice to handle it in person, have another person present, do it quickly and firmly, etc. This is the stuff I needed.

I think this thread has run it's course.
by guitarguy
Fri Oct 20, 2017 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

Re: I have to fire someone that I care about personally

You put it out there so you have to take the good with the bad. Here's my advice for whatever that is worth - Before you do it, talk with the other band members, you don't want this to be a surprise to them since you all will have to work together with the new person. Sit down with the person you h...
by guitarguy
Fri Oct 20, 2017 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

Re: I have to fire someone that I care about personally

Christine_NM wrote:
Fri Oct 20, 2017 2:43 pm
Sorry, gguy, but are you expecting your lead singer to carry a band that has no stage presence? Recent bands I've seen tend to have dirty hair, dress in rags, and look down at the floor. Hope that is not like you.
To answer your question, no.

And we most often perform in suits.
by guitarguy
Fri Oct 20, 2017 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

Re: I have to fire someone that I care about personally

Obviously, you (and your talent agency) are [ ALSO ] looking for a performer/entertainer, not [ JUST ANY ] a person with talent (which you already have, according to what you wrote). There, I fixed that for you. We older folks pretty much know talent and can hear talent. Doesn't matter what the per...
by guitarguy
Fri Oct 20, 2017 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

Re: I have to fire someone that I care about personally

You keep saying to answer the question, but there isn't really a question. You have already made the decision. If you are wedded to it, then execute it in a professional manner. If you can offer severance and COBRA that would be ideal. What else is there to discuss? It seems your band is pretty suc...
by guitarguy
Fri Oct 20, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

Re: I have to fire someone that I care about personally

I find the basis of this whole thread to be reprehensible. The OP needs to live with themselves. For what it's worth I hired a band to play at my wedding sight unseen - I did not care what they look like so long as they are dressed appropriately and most importantly can play their instruments well ...
by guitarguy
Fri Oct 20, 2017 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

Re: I have to fire someone that I care about personally

and brilliant songwriters by the way, carrying 10 extra lbs Generous for Mama Cass :shock: but when it comes time for me to hire a band, I will almost certainly go for charisma and looks over musical talent. I could never tell the difference between an outstanding group vs good group. OK true haha....
by guitarguy
Fri Oct 20, 2017 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

Re: I have to fire someone that I care about personally

Yeah...there was aTom Petty documentary way back when...they talked about it on that too. But I flat out could never do that to her. You could at least foist the blame onto the talent agency partially. "Everyone in the band has decided to sign with the agency but they would only take us if we agree...
by guitarguy
Fri Oct 20, 2017 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

Re: I have to fire someone that I care about personally

I'd reach out to the management/talent company you're working with. I imagine they have some experience with this and could possibly handle it for you. Was listening to a Freakonomics podcast and Tom Petty had his manager deliver bad news to the Heartbreakers on his behalf when it became clear he s...
by guitarguy
Fri Oct 20, 2017 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

Re: I have to fire someone that I care about personally

Cass Elliot, Ann Wilson, etc. I would tell the agency off. Your looks, guitar playing, stage presence, and singing must not be good enough to overcome the “deficiencies” you and the collective others see in your band partner. Regards, John Ahh the know it all judgemental guy. Thanks for chiming in....
by guitarguy
Fri Oct 20, 2017 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

Re: I have to fire someone that I care about personally

We play cover songs that other people wrote, smile put on a good show that makes people have fun and feel good, and make piles of money doing it. We help people dance at weddings, and help corporate companies have fun Christmas parties and ribbon cutting ceremonies. Simple as that. When I've been a...
by guitarguy
Fri Oct 20, 2017 11:42 am
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

Re: I have to fire someone that I care about personally

So you see absolutely no possibility that this person could turn things around with the right training and coaching? is the person even aware of their lack of stage presence? or is it more the overall appearance that can't be changed.... See my post above. No, I don't. And we've tried. Multiple tim...
by guitarguy
Fri Oct 20, 2017 11:36 am
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

Re: I have to fire someone that I care about personally

Can you post a picture for us to give you solid advice? This post is not appropriate for this forum. But you’d be a weasel to fire someone on the phone instead of in person. Also if she’s truly a friend then you should give a severance payment. Haha no. Maybe I should've left out the back story and...
by guitarguy
Fri Oct 20, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

Re: I have to fire someone that I care about personally

Given your age I suggest you find a new person before you tell her she is being replaced. Finding a "personable good talent" for a band that is over 30 but not wanting her own band with her name and control will be really hard. I bet you cannot find someone who will fit. We will have a line of abou...
by guitarguy
Fri Oct 20, 2017 11:32 am
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

Re: I have to fire someone that I care about personally

Have you discussed her upping the ante on her stage presence? I can't tell if you are going from small town band to not as small small town band or if you are moving record label, full contract, produced image. This may not be the right forum or right environment to fire someone based on look/stage...
by guitarguy
Fri Oct 20, 2017 11:16 am
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

Re: I have to fire someone that I care about personally

Is this a real question - because it seems like the plot of a movie or something. I guess you need to decide for yourself what's more important to you. Staying true to your music and your friends, or money / fame / greed / selfishness. On the contrary it's a very real question. We're not an origina...
by guitarguy
Fri Oct 20, 2017 10:57 am
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5221

I have to fire someone that I care about personally

EDIT: Almost 1000 hits on the thread and very few are focusing on the issue at hand. Please, all, we have discussed and evaluated the decision to make this personnel change over several months. It's not something we're taking lightly. We have worked on coaching, made constructive suggestions, evalu...
by guitarguy
Tue Oct 17, 2017 7:49 am
Forum: Personal Consumer Issues
Topic: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)
Replies: 53
Views: 3789

Re: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)

:D :D :D :D :D Found a best available saver award ticket to Kauai 2 DAYS EARLY! Just extended our stay on Kauai to 7 nights by flying out Saturday instead of Monday. No extra vacation days used, we'll stay the 2 extra nights at the Grand on points, and we stuck to the main cabin and are flying for 4...
by guitarguy
Mon Oct 16, 2017 9:08 am
Forum: Personal Consumer Issues
Topic: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)
Replies: 53
Views: 3789

Re: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)

Thanks for the input all! Looks like you have settled on Oahu. I think you are wise to leave Maui for a whole separate vacation at another time. There is so much to do on Oahu, you might want to consider just an extra day or two. I would suggest (as others have) renting a car for a day if you want t...
by guitarguy
Fri Oct 13, 2017 8:45 am
Forum: Personal Consumer Issues
Topic: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)
Replies: 53
Views: 3789

Re: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)

Turns out the Amex Platinum benefits are worthless as far as the Fine Hotels stuff...you have to pay their ridiculously high prices booking through the Amex travel portal to get this bonus. Not a benefit at all...you just pay a way higher room rate and then get your room upgrade and 100 bucks. Yippi...
by guitarguy
Fri Oct 13, 2017 8:36 am
Forum: Personal Consumer Issues
Topic: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)
Replies: 53
Views: 3789

Re: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)

We've been to Kauai a handful of times, and will be going again in 6 months. My $.02: 5 nights is not that much time, I would stay on one island. I'd stay on Kauai for up to maybe 10 or 11 nights before I started looking at two islands. You will eat up a chunk of time transferring to another island...
by guitarguy
Fri Oct 13, 2017 6:25 am
Forum: Personal Consumer Issues
Topic: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)
Replies: 53
Views: 3789

Re: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)

Kauai is not a big island, but I really enjoyed the hiking and swimming when we went. We spent 5 nights, I think, and I'd have gladly spent several more. Dining options are more limited than the more popular islands, but we still found a good variety, and did some of our own cooking, too. Since mos...
by guitarguy
Fri Oct 13, 2017 6:20 am
Forum: Personal Consumer Issues
Topic: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)
Replies: 53
Views: 3789

Re: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)

Thinking a good plan would be to island hop mid-afternoon and get to Oahu mid afternoon or for dinner, rent a car and then spend 1 day checking out Pearl Harbor historical stuff (we both really want to see this) You have to go out on a boat to visit the U.S.S. Arizona memorial and tickets for the d...
by guitarguy
Thu Oct 12, 2017 2:31 pm
Forum: Personal Consumer Issues
Topic: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)
Replies: 53
Views: 3789

Re: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)

Thanks for the feedback everyone! After talking to the Mrs...I think we're leaning toward extending our stay on Oahu. The Hyatt Place Waikiki is cheap on points as awval alluded to. Not a beach front resort, but we'll get enough of that on Kauai. Because we expect to have LOTS of beach time, snorkel...
by guitarguy
Thu Oct 12, 2017 8:48 am
Forum: Personal Consumer Issues
Topic: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)
Replies: 53
Views: 3789

Re: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)

Hi All, We're planning a 5-night stay at the Grand Hyatt in Kauai for my friends wedding in Sep 2018. Very excited!! For the HI folks...I have a couple of questions: 1. Re: the flight - we have enough Delta miles saved up to book C+ seats...have never flown anything but regular economy before on an...
by guitarguy
Thu Oct 12, 2017 7:29 am
Forum: Personal Consumer Issues
Topic: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)
Replies: 53
Views: 3789

Re: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)

It appears you're a points hacker, so I'm going to tailor the recommendations that way. Let's start with Oahu. You asked for a contrast with Kauai. And Oahu it is. I personally love Oahu. I love the hustle and bustle of Waikiki. I love the fact that there is a Category 3 (12,000 pt/nt) Hyatt Place....
by guitarguy
Thu Oct 12, 2017 6:48 am
Forum: Personal Consumer Issues
Topic: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)
Replies: 53
Views: 3789

First visit to Hawaii (flight, Amex Plat benefits, extend stay?)

Hi All, We're planning a 5-night stay at the Grand Hyatt in Kauai for my friends wedding in Sep 2018. Very excited!! For the HI folks...I have a couple of questions: 1. Re: the flight - we have enough Delta miles saved up to book C+ seats...have never flown anything but regular economy before on any...
by guitarguy
Mon Oct 09, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2304
Views: 410135

Re: What's Your Credit Card Rewards Strategy?

For those that are thinking about buying VGCs at Walmart, these purchases do not always go as planned. Below is a link from a churning site about a not so successful buy. There are a ton of post on these sites from people that tell of success stories at Walmart. The general consensus from those sit...
by guitarguy
Fri Oct 06, 2017 5:53 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2304
Views: 410135

Re: What's Your Credit Card Rewards Strategy?

no reason to preload on Amazon as you are turning real money into Amazon only money. I agree with your post. I do however see one benefit to loading your Amazon account which is you don't have to carry around $500 in essentially cash. When I bought a $500 gift card I was always a little worried abo...
by guitarguy
Thu Oct 05, 2017 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Student Debt Advice
Replies: 17
Views: 1270

Re: Student Debt Advice

So I'm just out of school and I'm setting up my student loan repayment plan.. I've been doing a lot of research and trying to figure out my best options but I wanted to get some opinions. https://imgur.com/a/Bpgtz This is a summary of my different loans separated by the different servicers. The fir...
by guitarguy
Thu Oct 05, 2017 7:01 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 126
Views: 13144

Re: MoviePass-Too good to be true, but it's legit.

We go to the movies about once a month. Our mojo is an afternoon lunch and movie date, or possibly after work and then out to dinner during the week. We never go after 6pm...therefore never sit in a crowded theater, wait in line, or pay more than $6.50 for a ticket. Honestly I think we'd be hard pre...