Search found 2117 matches

by J295
Tue Nov 12, 2019 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Looking at buying a foreclosure Dallas area cash
Replies: 13
Views: 880

Re: Looking at buying a foreclosure Dallas area cash

I have experience in this area. The worst case is much worse than just a new roof. There could be issues with not only the property itself, but legal issues surrounding title. Get competent legal counsel and visit with others locally who have gone down this route.
by J295
Tue Nov 12, 2019 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Attorney Career Advice needed
Replies: 11
Views: 1140

Re: Attorney Career Advice needed

So you can have a filter for my response… I am a former law firm partner in a small mid America firm who retired early, and we have a family member from a top law school who is a Big Law associate. I am aware of many former private practice lawyers who have transitioned to other legal and non-legal ...
by J295
Tue Nov 12, 2019 1:26 am
Forum: Personal Investments
Topic: Investing $140k in cash at 1k per week
Replies: 115
Views: 6124

Re: Investing $140k in cash at 1k per week

Wednesdays.
by J295
Mon Nov 11, 2019 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: I think my friend is already financially independent (through a fantastic bitcoin investment), can you confirm?
Replies: 48
Views: 6553

Re: I think my friend is already financially independent (through a fantastic bitcoin investment), can you confirm?

Personally, we have chosen not to own real estate other than our residence. However, many friends and family members have successfully owned a wide variety of real estate interests (running the full spectrum from those that own rental homes, to one that owns multiple shopping centers and surgical ce...
by J295
Sat Nov 09, 2019 12:23 am
Forum: Personal Finance (Not Investing)
Topic: Singles/DINKs in HCOL/VHCOL areas, can you please share your budget?
Replies: 18
Views: 2190

Re: Singles/DINKs in HCOL/VHCOL areas, can you please share your budget?

San Francisco daughter and son-in-law pay $4000 per month for unfurnished one bedroom. Renewal/new rents are now going for around $4500 per month. South of San Francisco son is back on temporary assignment in a furnished unit for a few months, and I believe those two bedroom units rent for around $5...
by J295
Sat Nov 09, 2019 12:14 am
Forum: Personal Finance (Not Investing)
Topic: shocking hospital fee estimate
Replies: 45
Views: 3951

Re: shocking hospital fee estimate

If I’m understanding your post, your total out-of-pocket for everything, will be $3000 maximum. You were thinking it might have been $2000 +10% of the professional bills. You are confident with the surgeon, and presumably he/she is confident with the hospital. That is to say, you have done due dilig...
by J295
Sat Nov 09, 2019 12:05 am
Forum: Personal Finance (Not Investing)
Topic: Do you charge your employer for the time that you spend working on your off days?
Replies: 145
Views: 7415

Re: Do you charge your employer for the time that you spend working on your off days?

There are reasonable strategies for dealing with this, and one would be a direct conversation with your boss to determine expectations.

What is appropriate will of course depend upon your salary and benefits, the work you perform, the company culture, etc.
by J295
Fri Nov 08, 2019 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Free Turbotax 2019
Replies: 19
Views: 2900

Re: Fidelity Free Turbotax 2019

We were reimbursed for it the last few years (I would buy it online and then ask our designated representative, who I’ve never met, but appears on my online screen as a point of contact, for reimbursement). We were informed that it would be the last time we would receive it. That’s OK, but I did lik...
by J295
Wed Nov 06, 2019 1:22 am
Forum: Personal Finance (Not Investing)
Topic: Title Insurance/Legal Representation for Mortgage Refinance
Replies: 6
Views: 459

Re: Title Insurance/Legal Representation for Mortgage Refinance

Retired lawyer here .... in our jurisdiction I never heard of or experienced any lawyers being involved in a straight forward residential refinance. Part of my practice involved representing banks.
by J295
Thu Oct 31, 2019 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Possible Layoff: Need Assurance That We Will Be Okay
Replies: 153
Views: 12443

Re: Possible Layoff: Need Assurance That We Will Be Okay

Respectfully, OP you may wish to consider whether this may not a strictly financial issue. It is possible that financial angst/job loss may be the symptom, with something entirely different being the cause. Taking care of a symptom typically provides relief, while fixing a cause typically provides l...
by J295
Wed Oct 30, 2019 5:21 pm
Forum: Personal Consumer Issues
Topic: Unnecessary blood tests
Replies: 51
Views: 3021

Re: Unnecessary blood tests

Change doctors.
by J295
Wed Oct 30, 2019 12:03 am
Forum: Personal Finance (Not Investing)
Topic: Apple Pay. Does anyone use it?
Replies: 178
Views: 10557

Re: Apple Pay. Does anyone use it?

Apple Pay is primary payment method. Tied to rewards card.
by J295
Tue Oct 29, 2019 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Bronze vs Bronze HSA
Replies: 18
Views: 1322

Re: Bronze vs Bronze HSA

Thanks for the follow up. Best of luck.
by J295
Tue Oct 29, 2019 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Bronze vs Bronze HSA
Replies: 18
Views: 1322

Re: Bronze vs Bronze HSA

OP. If you’re willing to share… What is the annual premium without premium tax credit? And, are you funding solo 401(k)s (which, like an HSA, reduce modified adjusted gross income). I might be projecting here because our premium tax credit of $24,000 for a couple is so valuable, but I’m just curious...
by J295
Tue Oct 29, 2019 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Is going off of subsidized COBRA a qualifying event?
Replies: 8
Views: 577

Re: Is going off of subsidized COBRA a qualifying event?

I don’t believe you will be eligible for a premium tax credit if you can get coverage through your spouses employer. You will want to check this if you were thinking that you may get a premium tax credit for an exchange policy. Perhaps you already have this determined as I know it wasn’t your origi...
by J295
Tue Oct 29, 2019 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Managing income pre-retirement to min health care costs
Replies: 19
Views: 1547

Re: Managing income pre-retirement to min health care costs

A few observations for your consideration Your numbers seem reasonable. If you’re not already aware of it, there’s a Calculator at Kaiser that is quite good. Google Kaiser calculator and you can find it. Also the government website provides calculations at plan sign-up In our state we have to meet a...
by J295
Tue Oct 29, 2019 3:34 pm
Forum: Personal Consumer Issues
Topic: Women wearing black to a wedding?
Replies: 56
Views: 4361

Re: Women wearing black to a wedding?

I have a close family member getting married. I know traditionally, women didn't wear black to a wedding. I also know people here are going to say, "If you want to wear black, wear black." However, what I want to know is if in fact it isn't uncommon for women to wear black to a wedding. I don't wan...
by J295
Tue Oct 29, 2019 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Is going off of subsidized COBRA a qualifying event?
Replies: 8
Views: 577

Re: Is going off of subsidized COBRA a qualifying event?

I don’t believe you will be eligible for a premium tax credit if you can get coverage through your spouses employer. You will want to check this if you were thinking that you may get a premium tax credit for an exchange policy. Perhaps you already have this determined as I know it wasn’t your origin...
by J295
Mon Oct 28, 2019 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Bronze vs Bronze HSA
Replies: 18
Views: 1322

Re: Bronze vs Bronze HSA

do any planning to stay below the cliff and enjoy the substantial premium tax credits. Can you talk more about this? Will be glad to help as best I can. FYI we have utilized the premium tax credit under the affordable care act by managing modified adjusted gross income since the exchange was put in...
by J295
Mon Oct 28, 2019 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Bronze vs Bronze HSA
Replies: 18
Views: 1322

Re: Bronze vs Bronze HSA

HSA contribution reduces MAGI.

Also, solo 401(k) contributions reduce MAGI.

Capital losses reduce MAGI

Etc

Thus, if OP is interested, I’m curious on whether he/she can do any planning to stay below the cliff and enjoy the substantial premium tax credits.
by J295
Mon Oct 28, 2019 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Bronze vs Bronze HSA
Replies: 18
Views: 1322

Re: Bronze vs Bronze HSA

We favor the HSA plan

I’m curious, what is the MAGI cliff for your family of four, and how close is your MAGI to that cliff?
by J295
Mon Oct 28, 2019 10:05 am
Forum: Personal Consumer Issues
Topic: How much do you plan to spend on your children's weddings?
Replies: 182
Views: 8783

Re: How much do you plan to spend on your children's weddings?

Happily spent around $25,000 for each of our weddings for our daughters. Grooms parents contributed modest amounts, which was fine because they each had unique circumstances which limited their ability to contribute resources. If resources had been an issue for us, we would have considered approachi...
by J295
Sun Oct 27, 2019 7:13 pm
Forum: Personal Consumer Issues
Topic: Vacation ideas for February
Replies: 48
Views: 3916

Re: Vacation ideas for February

Singapore
Maui
by J295
Sun Oct 27, 2019 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: I no longer plan on retiring early
Replies: 110
Views: 15097

Re: I no longer plan on retiring early

OP. Thanks for sharing and good luck with your adventures
by J295
Fri Oct 25, 2019 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: ACA - Sell Dividend stocks and pay capital gains?
Replies: 11
Views: 898

Re: ACA - Sell Dividend stocks and pay capital gains?

Ok. Thanks. The way you presented it seems you are correct. Although I will admit I’m still confused by your numbers. Not sure how one sells stock in taxable and then moves them into nontaxable, unless you are simply talking about reallocating I’m wondering why you need to sell so much stock this ye...
by J295
Fri Oct 25, 2019 9:06 am
Forum: Personal Finance (Not Investing)
Topic: ACA - Sell Dividend stocks and pay capital gains?
Replies: 11
Views: 898

Re: ACA - Sell Dividend stocks and pay capital gains?

This may not be an either/or choice. You may wish to provide actual numbers and we can offer opinions and options. Please include your MAGI calculations For example, have you factored in the reduction in MAGI provided by an HSA? Personally, my spouse and I have been on the ACA bronze plan since it’s...
by J295
Wed Oct 23, 2019 9:09 am
Forum: Personal Finance (Not Investing)
Topic: should my son negotiate paralegal offer?
Replies: 28
Views: 2289

Re: should my son negotiate paralegal offer?

In our firm of 25 lawyers in middle America we did not negotiate paralegal or any other salaries for that matter. We paid at the top of the pay scale for our community and treated our people well. Non-negotiable
by J295
Sun Oct 20, 2019 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: What documents do I need to prove I own my house?
Replies: 18
Views: 2959

Re: What documents do I need to prove I own my house?

ame » Sat Oct 19, 2019 2:08 pm Hi All, I paid off my mortgage on 9/13/19. I received signed/notarized “SUBSTITUTION OF TRUSTEE” and “FULL RECONVEYANCE” forms. The property is in LA county in California. What are the “SUBSTITUTION OF TRUSTEE” and “FULL RECONVEYANCE” forms? Are these documents the “d...
by J295
Sun Oct 20, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Deed fraud (on your home)- anyone have insight?
Replies: 51
Views: 4152

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

It’s not a problem in our jurisdiction. Generally speaking, if someone forged my name on my deed and it names Mr. Smith as grantee then Mr. Smith has absolutely nothing. If Mr. Smith then gets a loan from the bank purported to be secured by my property the bank has absolutely no interest in my prope...
by J295
Sun Oct 20, 2019 11:08 am
Forum: Personal Finance (Not Investing)
Topic: For those who are FI: At what point did you begin to relax?
Replies: 76
Views: 10161

Re: For those who are FI: At what point did you begin to relax?

Totally relaxed about money (but not relaxed at that time about work) a year before I transitioned out of full-time work. I was 52 at the time. Regarding acronyms… they are fine… Honestly it wasn’t rocket science to figure out this one… If it really rankles you when you see an acronym just move along
by J295
Tue Oct 15, 2019 7:12 pm
Forum: Personal Consumer Issues
Topic: Where to stay in Maui?
Replies: 24
Views: 1982

Re: Where to stay in Maui?

We like Kihei. Just got back a few weeks ago. Having said that, there are many good options on Maui. We rented an AirBnb for our group of 7 adults and one toddler. Four bedrooms, pool, game room, etc. As a point of reference, around $5,200 for 6 nights including all cleaning, fees, etc.
by J295
Mon Oct 14, 2019 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Selling used car experience (dealer vs online vs in person)
Replies: 28
Views: 2813

Re: Selling used car experience (dealer vs online vs in person)

Selling used car experience (dealer vs online vs in person) Unread post by 4nursebee » Mon Oct 14, 2019 3:34 am We are a family of two adult drivers. We have a used beater 2005 F150, low miles, plan to keep forever to haul trash once a week. We also bought one of those cars that is very polarizing ...
by J295
Mon Oct 14, 2019 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Should I sign authorization to settle lawsuit prior to mediation/trial
Replies: 21
Views: 2597

Re: Should I sign authorization to settle lawsuit prior to mediation/trial

I have been involved in mediation as a participant and as a mediator in business cases. I don't have personal injury experience. That said, at least in our jurisdiction I don't know of any legal requirement that this would need to be signed in advance. The advise to ask your lawyer seems quite reaso...
by J295
Mon Oct 14, 2019 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Frustrated with dentist fees
Replies: 82
Views: 6190

Re: Frustrated with dentist fees

Frustrated with dentist fees Post by Jimsad » Mon Oct 14, 2019 2:44 pm I posted in past on similar topic but still cannot understand and am frustrated . I have very good insurance - United Concordia through blue cross federal . My dentist submitted charges to my insurance and the insurance denied p...
by J295
Sat Oct 12, 2019 1:41 pm
Forum: Investing - Theory, News & General
Topic: Prominent financial adviser fined $1M
Replies: 24
Views: 4192

Re: Prominent financial adviser fined $1M

What makes you conclude he was “unscrupulous.“

Negligent —- appears quite likely. In violation of industry rules —so ordered. Unscrupulous?
by J295
Thu Oct 10, 2019 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Statements-Save Paper Ones? Electronic?
Replies: 35
Views: 1888

Re: Credit Card Statements-Save Paper Ones? Electronic?

I have no reasonable reason to get paper statements and no reasonable reason to save electronic statements on my system.
by J295
Thu Oct 10, 2019 12:21 pm
Forum: Investing - Theory, News & General
Topic: A great example of single stock risk
Replies: 51
Views: 5486

Re: A great example of single stock risk

Apple
Google
Microsoft
Amazon
by J295
Tue Oct 08, 2019 3:25 pm
Forum: Personal Consumer Issues
Topic: Help Me Decide on a New Vehicle?
Replies: 63
Views: 4848

Re: Help Me Decide on a New Vehicle?

Lexus GX 460 has been great for us. Lots of room, great ride, super reliable.

Yep, it’s expensive to buy and expensive to fuel.

Maintenance has been essentially nonexistent. Oil changes and recommended fluids. First set of brakes lasted to 70,000 miles. First set of tires made it 60,000 miles
by J295
Tue Oct 08, 2019 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Does title insurance cover unpaid HOA type fees?
Replies: 14
Views: 1379

Re: Does title insurance cover unpaid HOA type fees?

OP. You are now on notice about that possible cost, and any associated lien. Typically, title insurance excludes items within the insured’s knowledge, whether listed as exceptions on the policy or not Respectfully, your asking a largely irrelevant question. If you make an offer on this property, get...
by J295
Tue Oct 08, 2019 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Malpractice Tail Coverage - Difficult Decision?
Replies: 9
Views: 965

Re: Malpractice Tail Coverage - Difficult Decision?

Apparently medical professional negligence tail is different than legal professional negligence tail… FWIW as a retired lawyer I have tail coverage at no additional cost because my former firm has continuous coverage through its same insurer and under that policy all current and former lawyers are c...
by J295
Fri Oct 04, 2019 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Can you change the date interest is credited to a bank account?
Replies: 24
Views: 1420

Re: Can you change the date interest is credited to a bank account?

Reduce number of accounts
And/or
Update your records quarterly or twice a year
by J295
Tue Oct 01, 2019 4:48 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2516
Views: 463002

Re: What are you up YTD? [Year To Date]

Sadly, up 1
Iron play spotty and handicap bumped from 6 to 7
🏌🏻🏌🏻😃😃
by J295
Fri Sep 20, 2019 3:10 pm
Forum: Personal Consumer Issues
Topic: How to handle "split-the-bill" group lunches?
Replies: 159
Views: 8119

Re: How to handle "split-the-bill" group lunches?

In the example from OP, nothing to do there except for pay the split. I don’t drink, but all my friends do and I am a pretty modest food consumer. So, when we split I get the short end of the stick. I’m in a position where money is not relevant as a practical matter, so I don’t even think about it. ...
by J295
Thu Sep 05, 2019 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have disability insurance?
Replies: 37
Views: 1937

Re: Do you have disability insurance?

I am a retired lawyer and carrying disability insurance was a must for us. Stay at home spouse and three children relying on my income. Had a strong policy paid with after-tax dollars, so in the event of a disability the benefits would be tax-free. The policy had cola. Never had to use it, but would...
by J295
Wed Sep 04, 2019 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Do you consider your house as part of your bond portfolio?
Replies: 52
Views: 2511

Re: Do you consider your house as part of your bond portfolio?

No. It’s our house, not a fixed income investment. Can’t see any reason for creating a fiction that it’s a bond, unless that was a roundabout way to increase the equity in one’s asset allocation. If I wanted to increase my equity allocation, I would simply increase it, not call my home a bond.
by J295
Tue Sep 03, 2019 8:31 pm
Forum: Personal Investments
Topic: How do you let go of decisions that turned out to be the wrong ones?
Replies: 63
Views: 5139

Re: How do you let go of decisions that turned out to be the wrong ones?

I care about faith, family, and friends. I’ve been lucky financially. When I have made financial mistakes, I just shrug and learn from it. I suspect I’ll make more in the future. But they will be from acting out of goodwill, and not from fear or greed.
by J295
Tue Sep 03, 2019 10:47 am
Forum: Personal Finance (Not Investing)
Topic: $10,000 Safe Harbor on Family Loan?
Replies: 4
Views: 594

Re: $10,000 Safe Harbor on Family Loan?

Thank you silk and Huey. Appreciate you taking the time to weigh in
by J295
Tue Sep 03, 2019 7:32 am
Forum: Personal Consumer Issues
Topic: Not gaining weight on vacation?
Replies: 115
Views: 5844

Re: Not gaining weight on vacation?

OP. You may find the book the power of habit (by Duhigg) interesting. I and some other family members enjoyed it. As I understand your question to be behavioral, this may be right up your alley. Enjoy your trip and best regards.
by J295
Tue Sep 03, 2019 7:16 am
Forum: Personal Finance (Not Investing)
Topic: $10,000 Safe Harbor on Family Loan?
Replies: 4
Views: 594

$10,000 Safe Harbor on Family Loan?

My research is pretty clear that a $10,000 no interest loan to a family member does not create any imputed interest or other tax implications. I haven’t been able to confirm that this is $10,000 per person. Specifically, could I loan a family member $10,000, and my spouse also loan that same family ...