Search found 4098 matches

by carolinaman
Sun May 24, 2020 11:55 am
Forum: Personal Consumer Issues
Topic: Suggestions for a video or voice conferencing system
Replies: 2
Views: 128

Suggestions for a video or voice conferencing system

Our retiree association board has not met since the pandemic started. We would like to begin meeting using either a video or voice conferencing product. Several people have used Zoom and think it will be good for us. I have used Zoom once and UberConferencing several times for voice conferencing. Ou...
by carolinaman
Sun May 24, 2020 9:15 am
Forum: Investing - Theory, News & General
Topic: Businesses that are permanently destroyed due to COVID?
Replies: 34
Views: 2614

Re: Businesses that are permanently destroyed due to COVID?

I agree that food service has become very challenging. I think we will find some creative solutions to the problem. More takeout, drive throughs, delivery, prepackaged foods, outdoor seating, etc. Time will tell how long this new normal will be with us. I was impressed with how well some restaurants...
by carolinaman
Sun May 24, 2020 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Proper Protocol to Handle Fender Bender
Replies: 47
Views: 9334

Re: Proper Protocol to Handle Fender Bender

RULE # 1 Call police. At minimum call your Insurance and let them know. You have no guarantee that other driver will not say it was your fault. +1. The other person may be very agreeable at the site, but later come back with a different version of the facts which at minimum might make it a no fault...
by carolinaman
Fri May 22, 2020 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Best credit card for grocery rewards
Replies: 37
Views: 2785

Re: Best credit card for grocery rewards

Covid 19 has changed our payment strategy. We used to use CCs mostly for large purchases, travel, and gas; and debit cards for everything else. We are now using CCs for everything including food. It eliminates the need to key pin and touch card reader. We have Costco Visa which rewards 4% for gas, ...
by carolinaman
Thu May 21, 2020 9:27 am
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11291

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

I went all cash in my retirement plans (401a,403b,457b) based on Tepper's call last Wed, that the market is the most overvalued he's ever seen except in 1999. ... Granted that the market portfolio continues to offer the greatest reward per unit of risk, you could argue that the going "reward" just ...
by carolinaman
Wed May 20, 2020 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Financial Considerations: Marriage in your 50s/60s
Replies: 23
Views: 1826

Re: Financial Considerations: Marriage in your 50s/60s

DVMResident wrote:
Tue May 19, 2020 1:22 pm
Because you both have extensive assets, a prenup would be wise.
Congrats on the upcoming union.
+1. Especially true for each party's children and heirs.
by carolinaman
Wed May 20, 2020 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Best credit card for grocery rewards
Replies: 37
Views: 2785

Re: Best credit card for grocery rewards

Covid 19 has changed our payment strategy. We used to use CCs mostly for large purchases, travel, and gas; and debit cards for everything else. We are now using CCs for everything including food. It eliminates the need to key pin and touch card reader. We have Costco Visa which rewards 4% for gas, t...
by carolinaman
Tue May 19, 2020 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Central Indiana: Reasonable Cost?
Replies: 16
Views: 1204

Re: Central Indiana: Reasonable Cost?

Hard to say without more information. These things seem to always cost more than they should..... I have remodeled my master bath myself. So I'm just guessing, if I was a pro, that I could do yours in 58 hours or less. So it looks like maybe you're paying $100/hour. Of course, details matter. If yo...
by carolinaman
Mon May 18, 2020 8:34 am
Forum: Personal Finance (Not Investing)
Topic: How to respond to poor life decision affecting job
Replies: 28
Views: 3186

Re: How to respond to poor life decision affecting job

Depending upon how well document the company's policy about working remotely and what you were told by HR and your manager, you may have a legal case against the company. Inconsistency on policies is usually very actionable legally. Of course, returning to the company under those circumstances may n...
by carolinaman
Sat May 16, 2020 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Should I go for online Will making software?
Replies: 14
Views: 1070

Re: Should I go for online Will making software?

I highly recommend that you use an attorney to do your will. It will likely not cost you too much and you will be assured of getting it right. You can also do DPOA and health care directives at same time to be sure you cover your bases. You can save some money by using will software but there is alw...
by carolinaman
Fri May 15, 2020 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Selling home - low ball negotiation
Replies: 145
Views: 12009

Re: Selling home - low ball negotiation

Your broker should be able to recommend a counter offer strategy. What do they say? They, after all, are working for you, and you've hired them expressly for their expertise in selling a house Mike +1. Make the realtor earn their commission. However, make sure you are comfortable with the final pri...
by carolinaman
Fri May 15, 2020 9:19 am
Forum: Personal Consumer Issues
Topic: Buying Amazon vs direct from company....
Replies: 40
Views: 3174

Re: Buying Amazon vs direct from company....

Checking the manufacturer website is a good strategy. I have found that their price is equal to or better than Amazon quite often. All things equal, you are better off dealing directly with a company than through a middleman. Anytime I can find an alternative to Amazon I take it.
by carolinaman
Thu May 14, 2020 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Husband Died and Spouse lack of knowledge.
Replies: 37
Views: 6127

Re: Husband Died and Spouse lack of knowledge.

I am very sorry to hear of this woman's loss. That is difficult enough without having to deal with the his estate. This is not a DIY effort by her. She needs expert counsel to guide her efforts. Bsteiner provided some great advice and I think this would best be lead by an estate attorney. They know ...
by carolinaman
Thu May 14, 2020 8:37 am
Forum: Forum Issues and Administration
Topic: New bogleheads induction [Request for new subforum]
Replies: 55
Views: 3048

Re: New bogleheads induction

JoMoney wrote:
Thu May 14, 2020 8:29 am

FWIW, you don't have to comment or read threads that annoy you.
I agree. I do not think we want "groupthink" by everyone on our forum. Different points of view help us all learn.
by carolinaman
Wed May 13, 2020 8:47 am
Forum: Personal Consumer Issues
Topic: COVID - 19 things to do
Replies: 51
Views: 4102

Re: COVID - 19 things to do

Why are you afraid of copperheads? Or any snake? It is not like you cannot see them and go around them. I enjoy finding snakes and other wildlife. The main thing to be afraid of is other human beings especially those on bikes or in cars that don't see you. Light yourself up front and rear. Pointing...
by carolinaman
Tue May 12, 2020 9:47 am
Forum: Personal Consumer Issues
Topic: COVID - 19 things to do
Replies: 51
Views: 4102

Re: COVID - 19 things to do

Get a headlamp and use it to go running between one hour after sunset and one hour before sunrise. That's quite a lot of time at your disposal. The headlamp will light up quite a lot of eyes staring back at you. Last night: cats, possum, raccoon, and about a million wolf spiders. And almost no one ...
by carolinaman
Mon May 11, 2020 7:18 am
Forum: Personal Consumer Issues
Topic: What are your alternative plans this summer if it was travel?
Replies: 65
Views: 5310

Re: What are your alternative plans this summer if it was travel?

I am doing lots of yard work, cleaning and home projects. We will probably do some short trips in the Carolinas once things get better and open up more. We are fortunate to live in an area with lots of interesting things: beaches, mountains and history. I would like to take one more cross country tr...
by carolinaman
Mon May 11, 2020 7:02 am
Forum: Personal Finance (Not Investing)
Topic: $5k - $7k to replace engine, or get something else? (loan on car)
Replies: 105
Views: 6301

Re: $5k - $7k to replace engine, or get something else? (loan on car)

I am sorry about your situation. I have 2 thoughts: 1- I have always heard that replacing one part of the power train in an older car may cause failure of other part(s), i.e. transmission or read end. The reason is that the power train has aged together and weakened to some extent. Putting a new str...
by carolinaman
Sun May 10, 2020 12:03 pm
Forum: Personal Consumer Issues
Topic: Advice on buying a house with leaky roof (fixed ~1 week ago)
Replies: 34
Views: 2363

Re: Advice on buying a house with leaky roof (fixed ~1 week ago)

I would be concerned that the leak may not yet be fixed. However, roof leaks are easily fixed by competent roofers. A greater concern is there might be some structural damage beyond the cosmetic issues. For example, is the framing ok? This requires an inspection by a really good inspector or a reall...
by carolinaman
Sun May 10, 2020 11:57 am
Forum: Personal Consumer Issues
Topic: Where should I go for extended warranty on my Toyota?
Replies: 35
Views: 1842

Re: Where should I go for extended warranty on my Toyota?

Extended car warranties are generally a bad idea. Consumer advocates like Clark Howard and Consumer Reports are against them. Toyotas are noted for their reliability which makes it an even more questionable thing to do. When I bought my wife's used Avalon I seriously considered a Toyota extended war...
by carolinaman
Fri May 08, 2020 5:25 pm
Forum: Personal Consumer Issues
Topic: Amazon issues - cannot even cancel Prime really
Replies: 59
Views: 3726

Re: Amazon issues - cannot even cancel Prime really

I was offered a free trial of Prime a few months ago. I assumed they would inform before starting service for a fee. Wrong! I got this charge on my CC and realized it was Prime. I called Amazon and they canceled the service and refunded my charge. I was pleased they handled it that way. I am not a b...
by carolinaman
Fri May 08, 2020 10:06 am
Forum: Personal Investments
Topic: Vanguard Check policy changing in July
Replies: 22
Views: 1995

Re: Vanguard Check policy changing in July

I have entrusted Vanguard with a lot more money than my brick and mortar bank. I assume you will initiate transfer from your online account? If so, make sure your computer is secure and up to date. I use bank/Vanguard to transfer money to and fro and it works great. Much better than snail mail. BTW,...
by carolinaman
Fri May 08, 2020 9:58 am
Forum: Non-US Investing
Topic: Forecast new COVID wave in Autumn and dollar cost averaging
Replies: 11
Views: 1605

Re: Forecast new COVID wave in Autumn and dollar cost averaging

There are some big unknowns in your speculation: - a second wave of Covid 19, even if it happens we may not experience the same level of business shutdowns. It is impossible to predict how this might play out. - market impact from Covid 19, again, difficult to predict. Even with current level of vir...
by carolinaman
Fri May 08, 2020 8:49 am
Forum: Forum Issues and Administration
Topic: Thank you, moderators!
Replies: 46
Views: 2645

Re: Thank you, moderators!

+1. I totally agree. Our moderators do a fantastic job.
by carolinaman
Thu May 07, 2020 9:18 am
Forum: Personal Consumer Issues
Topic: Hospice care - room and board
Replies: 33
Views: 2583

Re: Hospice care - room and board

I am sorry to hear of your mother's situation. I hope this move to a hospice facility works well for you.

You may also want to consider if your mother is Medicaid eligible, which means they would cover most expenses.
by carolinaman
Thu May 07, 2020 9:03 am
Forum: Personal Finance (Not Investing)
Topic: keep emergency cash at local bank?
Replies: 26
Views: 1226

Re: keep emergency cash at local bank?

I usually keep several thousand dollars in my checking account above what I need for monthly expenses, even though I have overdraft protection. I can quickly transfer funds from Vanguard if needed or tap HELOC for emergency needs. I get virtually no interest on the extra cash in my checking account ...
by carolinaman
Tue May 05, 2020 9:08 am
Forum: Personal Consumer Issues
Topic: How Long Should A Bed Last?
Replies: 30
Views: 2364

Re: How Long Should A Bed Last?

I replaced a 20 year old inner spring mattress last year. I did lots of research and decided on a natural latex mattress. It is a great mattress and experts predict an expected life of 10 years or more. How long a mattress lasts depends upon several factors: - type and quality of mattress. Memory fo...
by carolinaman
Tue May 05, 2020 8:39 am
Forum: Non-US Investing
Topic: Cash or bonds? ...until the stock market settles down
Replies: 23
Views: 2093

Re: Cash or bonds? ...until the stock market settles down

As your title says, "until the stock market settles down". How will you know when that will be?

Timing the market is tough. A lot of times, the market will go up a lot before the economy stabilizes. If you wait until then, you may miss out on a lot of the gains. It is a risk/reward scenario.
by carolinaman
Tue May 05, 2020 8:33 am
Forum: Investing - Theory, News & General
Topic: All my friends are outperforming index funds
Replies: 122
Views: 11141

Re: All my friends are outperforming index funds

Investing is more like a marathon than a sprint. 3 months performance proves nothing. If you believe in the low cost index investment approach, commit to it and do not worry about what others say they are doing. I take peoples' investment performance claims with a grain of salt. There are few things...
by carolinaman
Sat May 02, 2020 9:22 am
Forum: Personal Consumer Issues
Topic: Ridiculous HVAC Duct cleaning quote
Replies: 51
Views: 4707

Re: Ridiculous HVAC Duct cleaning quote

We had our home HVAC ducts cleaned last fall by a company that specializes in it. They charged us $400 for a 1600 sq ft home. They took before and after pictures. It made a big difference in the home's air quality. It was money well spent in my opinion. LPSpecial How did you quantify the big differ...
by carolinaman
Fri May 01, 2020 8:12 am
Forum: Personal Finance (Not Investing)
Topic: State Farm Safe Driving App
Replies: 45
Views: 3120

Re: State Farm Safe Driving App

Thanks for everyone's replies. We have 2 cars. I have a smarphone but my wife does not. Can we still use this feature for both cars? If she's the only one that drives one of the vehicles it wont work. It uses the smart phone to function. If you drove it some you may get by with it. Every so often i...
by carolinaman
Thu Apr 30, 2020 9:23 am
Forum: Personal Finance (Not Investing)
Topic: State Farm Safe Driving App
Replies: 45
Views: 3120

Re: State Farm Safe Driving App

Thanks for everyone's replies. We have 2 cars. I have a smarphone but my wife does not. Can we still use this feature for both cars?
by carolinaman
Wed Apr 29, 2020 11:20 am
Forum: Personal Finance (Not Investing)
Topic: State Farm Safe Driving App
Replies: 45
Views: 3120

State Farm Safe Driving App

Our auto policy will renew in about 5 weeks. SF agent suggested we use their safe driving app which can save from 5% to 30% depending on multiple factors. We are both safe drivers who drive within 5 miles of speed limit all the time. Also, Covid 19 has dramatically reduced our driving and I expect t...
by carolinaman
Wed Apr 29, 2020 10:19 am
Forum: Personal Consumer Issues
Topic: Would you get a better deal negotiating two cars together or individually?
Replies: 16
Views: 1407

Re: Would you get a better deal negotiating two cars together or individually?

Buying two cars complicates the negotiations which generally shifts the advantage to the dealer. I have found that I get my best deal when I am ready to buy today. I always do my research and test drives in advance. Then I walk into the dealership I think will give me the best deal. They always ask ...
by carolinaman
Wed Apr 29, 2020 10:09 am
Forum: Personal Consumer Issues
Topic: Tire Mileage Warranty - what's it worth?
Replies: 24
Views: 1474

Re: Tire Mileage Warranty - what's it worth?

I only buy Michelin tires, usually their higher end ones. They typically have tread warranties of 60k miles or greater. We always have our tires rotated at proper intervals, aligned when needed and have records to support that. I am not hard on tires but I usually only get about 40k miles which is ...
by carolinaman
Wed Apr 29, 2020 10:05 am
Forum: Personal Finance (Not Investing)
Topic: State retirement pensions thoughts?
Replies: 46
Views: 5707

Re: State retirement pensions thoughts?

Part would depend if you are eligible for social security along with the pension. In our state, they are not. Because of that, by federal law they are required to provide a pension that is equal to the social security that would have been earned. So I guess that is the worst case scenario. Is there...
by carolinaman
Mon Apr 27, 2020 9:57 am
Forum: Investing - Theory, News & General
Topic: Real Estate Maybe It Really Is Different This Time?
Replies: 21
Views: 1941

Re: Real Estate Maybe It Really Is Different This Time?

It sounds like you are assessing whether or not REITs are a good long term investment for you. IMO, it is not market timing to change your long term investments based on your needs and perceived long term market trends. You have to decide what is best for you and not worry about what other people th...
by carolinaman
Mon Apr 27, 2020 9:50 am
Forum: Personal Consumer Issues
Topic: Ridiculous HVAC Duct cleaning quote
Replies: 51
Views: 4707

Re: Ridiculous HVAC Duct cleaning quote

We had our home HVAC ducts cleaned last fall by a company that specializes in it. They charged us $400 for a 1600 sq ft home. They took before and after pictures. It made a big difference in the home's air quality. It was money well spent in my opinion. LPSpecial How did you quantify the big differ...
by carolinaman
Fri Apr 24, 2020 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Moving out of NYC due to pandemic
Replies: 164
Views: 12685

Re: Moving out of NYC due to pandemic

I think it is a very reasonable decision to move out of NYC. As you say, you may have to take a cut in pay but there are many MCOL metro areas that should be attractive to you. Do your research and determine the best locations for you and your family. NYC has had a far greater number of Covid 19 cas...
by carolinaman
Fri Apr 24, 2020 9:46 am
Forum: Personal Consumer Issues
Topic: Tire Mileage Warranty - what's it worth?
Replies: 24
Views: 1474

Re: Tire Mileage Warranty - what's it worth?

I only buy Michelin tires, usually their higher end ones. They typically have tread warranties of 60k miles or greater. We always have our tires rotated at proper intervals, aligned when needed and have records to support that. I am not hard on tires but I usually only get about 40k miles which is m...
by carolinaman
Fri Apr 24, 2020 9:34 am
Forum: Personal Consumer Issues
Topic: Ridiculous HVAC Duct cleaning quote
Replies: 51
Views: 4707

Re: Ridiculous HVAC Duct cleaning quote

I used to think that cleaning ducts was overkill and oversold. I have asthma and was having issues so I had an air quality company test the air in my house. The AQ test showed mold (a piece of antique furniture next to a vent) and poor air quality in the 3 rooms tested. I cleaned the mold myself on...
by carolinaman
Thu Apr 23, 2020 4:51 pm
Forum: Personal Investments
Topic: Get back in market all
Replies: 6
Views: 965

Re: Get back in market all

There are a lot of unknowns and a lot of risks in the market right now, all tied to the virus and steps needed to get it under control and how well the economy will bounce back. Under a normal market, DCA or all at once, IMO it does not matter. But this is not normal. Nobody ever knows for sure what...
by carolinaman
Thu Apr 23, 2020 4:34 pm
Forum: Personal Consumer Issues
Topic: Ridiculous HVAC Duct cleaning quote
Replies: 51
Views: 4707

Re: Ridiculous HVAC Duct cleaning quote

I used to think that cleaning ducts was overkill and oversold. I have asthma and was having issues so I had an air quality company test the air in my house. The AQ test showed mold (a piece of antique furniture next to a vent) and poor air quality in the 3 rooms tested. I cleaned the mold myself on ...
by carolinaman
Tue Apr 21, 2020 11:42 am
Forum: Personal Finance (Not Investing)
Topic: will covid 19 destroy senior campuses
Replies: 52
Views: 4363

Re: will covid 19 destroy senior campuses

They will have to reinvent themselves, and that typically means that many of the changes will be permanent. Pretty typical of all businesses at this point. Central dining room may look like the bleachers at Dodger Stadium. Meals delivered to rooms. Spacing on those bus trips to the supermarket or M...
by carolinaman
Tue Apr 21, 2020 11:39 am
Forum: Personal Consumer Issues
Topic: If you had to buy one new car which of these three would you buy Corolla, Camry or Prius? You only have these three to
Replies: 131
Views: 6153

Re: If you had to buy one new car which of these three would you buy Corolla, Camry or Prius? You only have these three

Camry is a lot more car than either of the other two - they are both really small/light. +1. I agree. I have rented Corollas before and was really disappointed. They have rough ride and are noisier than Camry. We were touring Western states and rented a Corolla for the gas economy. I swapped it in ...
by carolinaman
Tue Apr 21, 2020 11:32 am
Forum: Investing - Theory, News & General
Topic: Is deflation good or bad for the S&P 500?
Replies: 23
Views: 2237

Re: Is deflation good or bad for the S&P 500?

Deflation is bad for business and the economy and markets. When prices continue to fall people & businesses have a tendency to delay major expenditures. Why buy today when prices will be cheaper 6 months or a year from now. It can be very hard to get out of that cycle once that mindset is there.
by carolinaman
Mon Apr 20, 2020 10:54 am
Forum: Personal Investments
Topic: Freaked Out/Sold during Pandemic
Replies: 33
Views: 3629

Re: Freaked Out/Sold during Pandemic

I read the article that Charlie Munger wrote recently in the WSJ. He said in the article, “Everybody’s just frozen. And the phone is not ringing off the hook. Everybody’s just frozen in the position they’re in.” This statement definitely gave me pause. Yes, Munger also said that he and Buffett were...
by carolinaman
Sun Apr 19, 2020 11:52 am
Forum: Personal Investments
Topic: Certificate of Deposits
Replies: 6
Views: 715

Re: Certificate of Deposits

It depends upon your current marginal tax rate and your expected tax rate when you redeem funds from retirement accounts. If current marginal tax rate is higher (most common situation), then retirement account is better. Some CDs are specific to either IRA or taxable. Some of the special rates I fou...
by carolinaman
Sun Apr 19, 2020 11:47 am
Forum: Personal Consumer Issues
Topic: Best BH soap for C19 & least mess at sink
Replies: 27
Views: 1938

Re: Best BH soap for C19 & least mess at sink

We are using Softsoap liquid because that is what we always have used. Articles I read just said to use soap and warm water for 20 seconds. We are washing our hands way more. My hands were drying out so I started putting some lotion on them at bedtime and problem was solved. I have always thought li...
by carolinaman
Sat Apr 18, 2020 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion: Rules for spreading tax over 2 years
Replies: 10
Views: 691

Re: Roth Conversion: Rules for spreading tax over 2 years

I believe in the new CARES act which allows penalty free withdrawals, also says that the taxes on a corona virus induced withdrawal can be paid over 3 years. So if you take a distributions, you can spread the taxes over 3 years. Not clear that would apply to a conversion. Mike Agree. It is not clea...