Search found 1088 matches

by awval999
Sat Nov 09, 2019 8:01 pm
Forum: Personal Consumer Issues
Topic: House for Sale--How Much to Tell Potential Buyer
Replies: 35
Views: 2783

Re: House for Sale--How Much to Tell Potential Buyer

I can think of many ways this could end bad for you, so I would take the advice of others in this thread and mind your own business.
by awval999
Sat Nov 09, 2019 6:19 pm
Forum: Investing - Theory, News & General
Topic: Are There 529 Plans that Allow Stocks and EFTs?
Replies: 9
Views: 643

Re: Are There 529 Plans that Allow Stocks and EFTs?

No.

But you could set up a Coverdell educational IRA at TD Ameritrade. It’s limited to $2000/year with income limitations, but it’s what you’re asking for. Individual stocks and ETFs to your hearts content.
by awval999
Thu Nov 07, 2019 6:45 am
Forum: Personal Consumer Issues
Topic: Question on refilling prescriptions
Replies: 32
Views: 1963

Re: Question on refilling prescriptions

Pharmacist here. Since this is Bogleheads, I do want to point out some risks here. And in addition discuss how Rx billing works / prescription plans work since I really don't understand why you'd have to use different pharmacies. Let's start with risk management. I need to point out, if you are on m...
by awval999
Sat Oct 26, 2019 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 25
Views: 1318

Re: Advice needed on interesting PSLF situation - should we change course?

Seriously?

Why worry about this for the next 7 years. You could pay it off in like 3 months.
by awval999
Sat Oct 26, 2019 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: How much deferred maintenance would make you walk away from a home deal?
Replies: 30
Views: 2349

Re: How much deferred maintenance would make you walk away from a home deal?

None of that would be a cause to walk away. The offer price should have taken that into account.

Now I may not want a fixer upper / dated house and may not have ever made an offer on the house.
by awval999
Sat Oct 19, 2019 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Refinancing $160k Law School Student Loan
Replies: 13
Views: 1506

Re: Refinancing $160k Law School Student Loan

I would just go with the 5 year plan to "force" you to pay it off by then. The 5 year at 2.05% interest is $2800/month. Which is under what you say you normally pay anyway, $3k-$4k. The reason why you want to get rid of these loans is that maybe you decide you don't want to do Big Law anymore. You d...
by awval999
Fri Oct 18, 2019 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Deed fraud (on your home)- anyone have insight?
Replies: 51
Views: 4145

Re: Deed fraud (on your home)- anyone have insight?

How would the thief get access to the deed?
The grantor signs the deed to the grantee.
I don’t see how such a fraud is possible.
by awval999
Sat Oct 05, 2019 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: 529 savings?
Replies: 19
Views: 2600

Re: 529 savings?

I think that's reasonable -- if not excessive compared to your goal of state flagship tuition. Do you wish to include room/board? Very similar here. First son just turned 1. We're saving $300/month or $3600 year. If growth equals tuition inflation that will be $65,000 real at age 18, which is enough...
by awval999
Sat Oct 05, 2019 8:31 pm
Forum: Personal Investments
Topic: Family Finances
Replies: 18
Views: 3107

Re: Family Finances

I would resign on Monday.

You have a pension and $1.1 million dollars. You have $55k in debt. The finances are fine. You've worked and saved. Spend the rest of your wife's life on Earth by her side.
by awval999
Sun Sep 29, 2019 7:02 am
Forum: Personal Finance (Not Investing)
Topic: HSA & Patient Assistance Programs
Replies: 6
Views: 353

Re: HSA & Patient Assistance Programs

I’m pretty sure I can help here. As I’m a Speciality Pharmacist. What specific patient assistance program are you asking about? 1. Copay Card (excludes Medicare D) 2. Manufacturer free drug program 3. Foundation assistance from private foundations? (Healthwell, etc) None of the applications (2 and 3...
by awval999
Thu Sep 19, 2019 5:17 pm
Forum: Personal Consumer Issues
Topic: $2k repairs on $12K car
Replies: 81
Views: 5160

Re: $2k repairs on $12K car

Are you going to buy a new car every time you need new brakes and battery? :oops: Seriously, these are not even "repairs" items, they are "regular maintaince". Absolutely this. Hell my car even died at a gas station. Wouldn't restart after filling. Fortunately it was connected to a shop. Paid $120 ...
by awval999
Wed Sep 18, 2019 5:48 am
Forum: Investing - Theory, News & General
Topic: Spike in Repo Rates [Fed Overnight Repurchase agreement]
Replies: 134
Views: 12482

Re: Spike in Repo Rates

Literally thought we were going to be talking about car repossessions.
by awval999
Thu Sep 05, 2019 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need (term) life insurance?
Replies: 16
Views: 1183

Re: Do I need (term) life insurance?

I would say that neither party needs life insurance in this specific example.
What would you be insuring?
by awval999
Fri Aug 16, 2019 6:02 am
Forum: Personal Finance (Not Investing)
Topic: Debating a 4.25 to 3.375 refi
Replies: 28
Views: 2031

Re: Debating a 4.25 to 3.375 refi

^Jealous of that interest rate and your low cost 15 year re-fi.
by awval999
Fri Aug 16, 2019 5:30 am
Forum: Personal Finance (Not Investing)
Topic: Debating a 4.25 to 3.375 refi
Replies: 28
Views: 2031

Re: Debating a 4.25 to 3.375 refi

I just recently did a no-cost refi (30 to 15). Went from 4.5% to 3.45%. I was a month early tho, I bet the rates are even lower now. I agree with the person above. Life changes. I didn't want to throw $5k-$6k down on a loan to save 25 basis points.
by awval999
Sun Jul 21, 2019 7:06 pm
Forum: Personal Consumer Issues
Topic: Prescription drug cost and manufacturer coupon
Replies: 8
Views: 506

Re: Prescription drug cost and manufacturer coupon

I’m a pharmacist.

Sounds like a copay card.

Feel free to PM me the name of the drug and the website / copay card information and I can be more specific.

Prescriptions are adjudicated immediately. You will never receive a bill.
by awval999
Sat Jul 20, 2019 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Should relative incomes be a factor in wedding gift?
Replies: 107
Views: 6834

Re: Should relative incomes be a factor in wedding gift?

Unless it's immediate family, just give $100 and be done with it.
by awval999
Wed Jul 10, 2019 5:16 am
Forum: Personal Investments
Topic: Why don’t all employer 401k plans have the option of a mega-backdoor?
Replies: 4
Views: 802

Re: Why don’t all employer 401k plans have the option of a mega-backdoor?

The thread linked to by cashheavy18 is a good read. Yes, offering After-tax contribution ability in the plan will subject the plan to HCE testing, even in Safe Harbor plans, and imposes a substantial accounting burden on the plan administrator. And by its very nature, the after-tax contribution abi...
by awval999
Sun Jul 07, 2019 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Prenuptial for future son-in-law - RESOLVED
Replies: 46
Views: 2747

Re: Prenuptial for future son-in-law

Advice taken and will not proceed any further with the prenup idea. That is why I asked here first for advice before initiating anything. Thank you Bogleheads. Impressed. And there's nothing wrong with saying something out loud to a trusted person or group. Sometimes, it's a great idea. And sometim...
by awval999
Sun Jul 07, 2019 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Prenuptial for future son-in-law - RESOLVED
Replies: 46
Views: 2747

Re: Prenuptial for future son-in-law

He must have the opportunity to review with a lawyer. He would be signing under duress under your example.

I personally would not be the one to bring it up, it needs to be your daughter to bring it up. Put the ultimatum on her, not your future son-in-law.
by awval999
Tue Jun 18, 2019 6:34 am
Forum: Personal Finance (Not Investing)
Topic: Waiting to prepay mortgage until you can pay the whole thing off?
Replies: 28
Views: 3473

Re: Waiting to prepay mortgage until you can pay the whole thing off?

If someone has a lot of equity in the house - they can just sell if hard times comes - and then use the proceeds to downsize into a full cash purchase. Of course you have to have consider the shock to the family to do that. Of course it's a similar shock to the family if "mom lost her job, all of yo...
by awval999
Sat Jun 15, 2019 8:02 am
Forum: Personal Consumer Issues
Topic: Health insurance cost containment company
Replies: 27
Views: 2376

Re: Health insurance cost containment company

You need to fill out the form. It's a normal subrogation form. The insurance company wants to go after someone else to refund them the money that they paid. They only want to pay if you caused the injury yourself. My wife once dropped a bottle of sparking wine on the driveway, it broke, exploded and...
by awval999
Fri Mar 22, 2019 5:07 am
Forum: Personal Consumer Issues
Topic: When your responsibility to your children ends?
Replies: 76
Views: 7355

Re: When your responsibility to your children ends?

You're never going to stop worrying about your child.
Ours just turned 6 months.
My mother still worries about me, I'm 33.
It has nothing to do about money.
by awval999
Fri Mar 01, 2019 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Tell The Truth to Boss Why I'm Leaving? (More Money)
Replies: 78
Views: 8784

Re: Tell The Truth to Boss Why I'm Leaving? (More Money)

"Boss, I really enjoy working here, the team, the work, and the leadership is great. I have recently received a job offer, which is a significant increase in compensation, which I cannot refuse. At the end of the day, I need to support my family, so today I offer my resignation. Thank you so much fo...
by awval999
Wed Feb 27, 2019 6:20 pm
Forum: Personal Consumer Issues
Topic: Financial solicitation by my doctor
Replies: 71
Views: 8884

Re: Financial solicitation by my doctor

I think you're taking this too personally.

The physician is highly likely employed by the University and had no choice in the matter.

University wants research funds and this is how they elected to try to solicit them.
by awval999
Thu Feb 21, 2019 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer - 24 Hours to Decide?
Replies: 100
Views: 7612

Re: Job Offer - 24 Hours to Decide?

It is immature of them to give you a hard 24 hour deadline. I agree with your suggested approach. Tell them you will have made a decision within 72 business hours so they know what you are thinking. If they won’t grant that then they’re probably not folks you want to work for. Why is that unreasona...
by awval999
Sun Feb 17, 2019 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Moved to new state/job 6M ago. Previous employer wants me back!
Replies: 57
Views: 5892

Re: Moved to new state/job 6M ago. Previous employer wants me back!

There's nothing to consider. You answered the question in your OP. I really doubt they are going to pay you that much to work remotely. Family situation - Two kids in high school. Asked them what they thought, they don't want to move again. First time was bad enough! - Wife doesn't want to move, lik...
by awval999
Sat Feb 16, 2019 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate effective income tax rate
Replies: 9
Views: 634

Re: How to calculate effective income tax rate

I would calculate it as:
Total Tax / Gross Income
by awval999
Sun Feb 03, 2019 8:33 am
Forum: Investing - Theory, News & General
Topic: On average, do people who use EJ, etc. come out ahead?
Replies: 52
Views: 4732

Re: On average, do people who use EJ, etc. come out ahead?

Your math is correct until you reduce the SWR. So yes, a lifelong 2% drag on returns will net a near 50% reduction of life long returns --- that sucks -- but you cannot then reduce the SWR, by 50%. The math doesn't work like that. How would you account for the AUM fee and the high expenses in the f...
by awval999
Sun Feb 03, 2019 8:21 am
Forum: Investing - Theory, News & General
Topic: On average, do people who use EJ, etc. come out ahead?
Replies: 52
Views: 4732

Re: On average, do people who use EJ, etc. come out ahead?

Just think of the life savings saved by EJ advisers/salespeople just telling customers "DO NOT SELL" in 2008-09. That advice was worth a lifetime of fees charged, even if the advice was selfishly motivated to keep customers in high ER mutual funds. Not even close. Some back of the envelope math; As...
by awval999
Sat Feb 02, 2019 7:16 pm
Forum: Investing - Theory, News & General
Topic: On average, do people who use EJ, etc. come out ahead?
Replies: 52
Views: 4732

Re: On average, do people who use EJ, etc. come out ahead?

Just think of the life savings saved by EJ advisers/salespeople just telling customers "DO NOT SELL" in 2008-09. That advice was worth a lifetime of fees charged, even if the advice was selfishly motivated to keep customers in high ER mutual funds.
by awval999
Sat Feb 02, 2019 7:09 pm
Forum: Investing - Theory, News & General
Topic: On average, do people who use EJ, etc. come out ahead?
Replies: 52
Views: 4732

Re: On average, do people who use EJ, etc. come out ahead?

Well a couple things. For one, at Bogleheads the community will tell you to "invest more, invest more". I'm sure there are tens of thousands of people who have a successful retirement income stream because of Edward Jones. That's not to say they wouldn't have had more with index funds. And I do thin...
by awval999
Fri Feb 01, 2019 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage "Benefits"
Replies: 108
Views: 9845

Re: Marriage "Benefits"

My wife’s niece is having one of those ridiculous “Destination Weddings” costing us $5000. I offered to give them a $2000 cash gift so we don’t have to go. My wife is horrified in telling here sister that we won’t attend the nieces wedding... There is an undercurrent of family opposition to this “S...
by awval999
Sun Dec 30, 2018 8:05 am
Forum: Personal Consumer Issues
Topic: Must sees in Kauai.
Replies: 39
Views: 2665

Re: Must sees in Kauai.

Waimea Canyon. Make sure it's a clear day!

Boat ride around the Napali Coast!
by awval999
Sat Dec 29, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to understand my wife's dental school loans
Replies: 26
Views: 2590

Re: Trying to understand my wife's dental school loans

Planning to start a family with 1.5 years left in a residency program that has put you $600k in the hole? Which will take her out of the workforce right at the beginning of her ability to massively increase her income? And might result in her deciding she wants to stay home with baby longer? :confu...
by awval999
Wed Dec 12, 2018 6:22 pm
Forum: Personal Consumer Issues
Topic: How to tell if online watches are legit?
Replies: 15
Views: 1119

Re: How to tell if online watches are legit?

Would not trust unless it was sold by Amazon, not a Marketplace seller (like this one is).

If a deal is too good to be true, it probably is.

https://luminox-usa.com/products/atacam ... -date-1929

The watch is $640 on the Luminox website....
by awval999
Sat Dec 08, 2018 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Single, self employed, 45k in debt, 375k in equity. what’s my move?
Replies: 16
Views: 1647

Re: Single, self employed, 45k in debt, 375k in equity. what’s my move?

I actually think this is an easy question. Sell the house. Take the equity. Pay off debt. Give yourself a $25k emergency fund. Remainder goes in a taxable fund for retirement. Never touch it. Rent an apartment. Live paycheck to paycheck, but no debt. Continue your path and live your dream, you have ...
by awval999
Sat Dec 08, 2018 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Barclaycard Arrival Plus™ World Elite Mastercard®
Replies: 40
Views: 3364

Re: Barclaycard Arrival Plus™ World Elite Mastercard®

You have to redeem them against a purchase that codes as travel. The miles are redeemed as an account credit.
by awval999
Tue Dec 04, 2018 8:06 am
Forum: Personal Finance (Not Investing)
Topic: What to negotiate in offers
Replies: 45
Views: 3475

Re: What to negotiate in offers

I think what others are saying... is yes, ask HR about the 401k match, who the servicer is and what funds are available, ask about the cost of health insurance, value of the health insurance, etc., but understand that there is no room for negotiating on those issues. As others have eluded to, those ...
by awval999
Sat Nov 24, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: Denied credit card opening
Replies: 25
Views: 2155

Re: Denied credit card opening

There is no way to get around Chase’s 5/24.
by awval999
Tue Nov 13, 2018 6:50 pm
Forum: Personal Investments
Topic: Oops! Edward Jones tops Vanguard in customer survey
Replies: 50
Views: 5561

Re: Oops! Edward Jones tops Vanguard in customer survey

I don't know why this is surprising.

From the topics and posts here Vanguard has bare-bones customer service. If you desire higher level customer service one should be with Fidelity, Edward Jones, etc.
by awval999
Sat Nov 10, 2018 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 127
Views: 13438

Re: Finances in NYC

If you look at Bankrates cost of living calculator you see that $58k in Columbus is equivalent to $145k in Manhattan and $111k in Brooklyn, with the difference being rent/mortgage.

From a financial perspective the new wage is comprobale to your current wage adjusted for COL in NYC.
by awval999
Sun Sep 23, 2018 5:59 pm
Forum: Personal Investments
Topic: How much is too much in one stock?
Replies: 13
Views: 1672

Re: How much is too much in one stock?

http://portfolios.morningstar.com/fund/ ... ings?t=SPX

SP500 Index:
1. Apple 4.33%
2. Microsoft 3.5%
3. Amazon 3.14%

I would probably try to trim down any stocks >4%.

If they are reasonable blue chip type stocks though I don't know if I would worry about 1% of portfolio stocks.
by awval999
Sat Sep 15, 2018 5:09 pm
Forum: Personal Investments
Topic: Employer won't Match 401k. Why?
Replies: 52
Views: 5995

Re: Employer won't Match 401k. Why?

They don’t want to. Entirely depends on the employer. I once saw a 401k plan where they put in 15k a year no matter what you did, but the options were all horrible high fee ones Um. I'd take a $15k/year free match no matter what high ER fund they wanted to put me. Gimme that 1.8% ER. Yes please, ca...
by awval999
Fri Sep 14, 2018 5:41 pm
Forum: Personal Consumer Issues
Topic: O% APR for new iPhone Xs / is there a catch?
Replies: 8
Views: 870

Re: O% APR for new iPhone Xs / is there a catch?

The 0% APR isn't for you.

The 0% APR is for everyone else that can't afford the $1000+ one-time charge.

So make it 0% APR over 24 months, and oh yeah, $41.xx/month sounds so much better.
by awval999
Wed Jul 25, 2018 6:16 am
Forum: Personal Consumer Issues
Topic: How much car can I buy?
Replies: 46
Views: 2606

Re: How much car can I buy?

$40,000.
by awval999
Sat Jul 21, 2018 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Buying home, how to head off a bidding war.
Replies: 29
Views: 4155

Re: Buying home, how to head off a bidding war.

Bid over asking price with a 24 hour time limit on offer.
by awval999
Thu Jul 19, 2018 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Can churning negatively affect getting a good mortgage rate?
Replies: 19
Views: 1622

Re: Can churning negatively affect getting a good mortgage rate?

beagler1 wrote:
Thu Jul 19, 2018 11:13 am
Anyone have credit score affect homeowner's insurance rates?
Yes.

Couple hundred dollars a year increase. Nothing compared to the benefits.
by awval999
Sun Jun 10, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: House sale by owner - Problems & Pitfalls?
Replies: 30
Views: 2022

Re: House sale by owner - Problems & Pitfalls?

When we sell our house, we want to do the sale ourselves in conjunction with our lawyer rather than use a real estate agent (savings approx. $12K). I would appreciate comments by folks who did execute a 'sale by owner' and the problems / pitfalls they encountered. Thank you. Biggest pitfall is pric...