Search found 377 matches

by Old Guy
Sat May 30, 2020 7:13 pm
Forum: Personal Consumer Issues
Topic: Carolina/Virginia Summer Vacation
Replies: 56
Views: 2804

Re: Carolina/Virginia Summer Vacation

Please don’t come to Hilton Head.
by Old Guy
Mon May 25, 2020 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Will my son be eligible for unemployment in CA
Replies: 10
Views: 989

Re: Will my son be eligible for unemployment in CA

Thanks for the replies which agree with my understanding of the law. However, there is this: 5. If you are unable to collect regular UI benefits due to a disqualification (such as you voluntarily quit, were fired or discharged from your employer), or you are serving a false statement penalty from a ...
by Old Guy
Sun May 24, 2020 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Will my son be eligible for unemployment in CA
Replies: 10
Views: 989

Will my son be eligible for unemployment in CA

My son works for an agency involved in digital marketing for films/tv and other media in LA. He is being let go in six weeks. They have asked him to resign. Will the resignation make him ineligible for unemployment in CA?
by Old Guy
Fri May 22, 2020 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 Savings Promo
Replies: 105
Views: 12283

Re: Capital One 360 Savings Promo

It showed up in my account today.
by Old Guy
Thu May 21, 2020 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 Savings Promo
Replies: 105
Views: 12283

Re: Capital One 360 Savings Promo

I went ahead and had them transfer $50,000 from my Fidelity checking account.
by Old Guy
Thu May 21, 2020 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 Savings Promo
Replies: 105
Views: 12283

Re: Capital One 360 Savings Promo

I haven’t gone through the registration process yet to open an account. Once I create the account can I deposit a check by taking a picture of it? I can with BoA and Fidelity. They do allow mobile check deposit but at most $5000 day. If you're aiming for the highest bonus (deposit of $50000), you'd...
by Old Guy
Thu May 21, 2020 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 Savings Promo
Replies: 105
Views: 12283

Re: Capital One 360 Savings Promo

I haven’t gone through the registration process yet to open an account. Once I create the account can I deposit a check by taking a picture of it? I can with BoA and Fidelity.
by Old Guy
Mon May 11, 2020 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Undoing your already-taken RMD for 2020
Replies: 117
Views: 7301

Re: Undoing your already-taken RMD for 2020

Thank you all for your comments. I was able to rollover my March RMD back into my Fidelity account.
by Old Guy
Sun May 10, 2020 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Undoing your already-taken RMD for 2020
Replies: 117
Views: 7301

Re: Undoing your already-taken RMD for 2020

Please help me understand. I stopped a monthly RMD in April. RMDs come the first of the month. Can I repay February and March?
by Old Guy
Fri May 08, 2020 9:13 am
Forum: Personal Consumer Issues
Topic: iPad.. worth it?
Replies: 49
Views: 3079

Re: iPad.. worth it?

32 gig is useless. You’ll run out of space as soon as you realize what you want/need to add to the IPad. 64 gig is the minimum but eventually may not be enough.
by Old Guy
Fri Apr 17, 2020 11:46 am
Forum: Personal Consumer Issues
Topic: Frugal quarantine habits to keep
Replies: 87
Views: 8242

Re: Frugal quarantine habits to keep

I’m 77. I have no intention of living my remaining years in a frugal manner.
by Old Guy
Thu Apr 16, 2020 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: How many paid for kids' college?
Replies: 282
Views: 13484

Re: How many paid for kids' college?

Of course I paid, why wouldn’t I? My father paid for three children to go to college. I received some money for grad school and they paid for my brother’s law school education. My mom didn’t work and my dad earned a middle class salary. He earned substantially less than my wife and I did when we wer...
by Old Guy
Wed Apr 15, 2020 8:16 pm
Forum: Personal Consumer Issues
Topic: Please share some lifestyle creep you regret.
Replies: 183
Views: 19662

Re: Please share some lifestyle creep you regret.

I regret none of it. Not buying the the biggest house we’ve ever owned in a beach resort community. Not the travel. Not giving more and more money to our only child. Not the dog. Not the pool. Not the donations. I’m in my late 70s. My wife is in her mid 70s. We worked a combined 57 years in the fede...
by Old Guy
Thu Apr 02, 2020 8:42 pm
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 108
Views: 8761

Re: Did you move for better weather? Did you regret it?

Wife and I are east coast people. Wife is from MA and I’m from NJ. After ending our careers in the federal government, we moved from the DC area to take retirement jobs in Madison WI, one of the great college towns in the US. The cold and short summers got to us as we hit our late 60s and 70s. We mo...
by Old Guy
Thu Apr 02, 2020 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Undoing your already-taken RMD for 2020
Replies: 117
Views: 7301

Re: Undoing your already-taken RMD for 2020

I take my RMDs monthly from Fidelity at the beginning of the month. I’ve stopped one of them as of April 1. It’s too late to payback January and February, which would be more than one payback anyway, right? If the IRS sticks to the 60 day rule and the one rollback limitation, I can only do the rollb...
by Old Guy
Mon Mar 30, 2020 9:02 am
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11494

Re: Mortgage - Keep balance as High as Possible

Paying off the mortgage? Hardly an issue for me. I’m 77. I doubt I’ll be paying off the $460,000 remaining on my $500,000 loan. I refinanced it last fall down to 3.625. Nice tax deduction too.
by Old Guy
Sun Mar 29, 2020 10:12 am
Forum: Personal Finance (Not Investing)
Topic: RMDs May Not Be Required for 2020
Replies: 135
Views: 8527

Re: RMDs May Not Be Required for 2020

Gill, thank you.
by Old Guy
Sun Mar 29, 2020 9:58 am
Forum: Personal Finance (Not Investing)
Topic: RMDs May Not Be Required for 2020
Replies: 135
Views: 8527

Re: RMDs May Not Be Required for 2020

A little help please. I took RMDs monthly since January with state and federal taxes paid. If I want to repay what repayment figure am I going to use, the amount before or after the taxes were paid? If after, what happens with the taxes I already paid? Are they reported and become deductions on my 2...
by Old Guy
Sat Mar 28, 2020 5:20 pm
Forum: Investing - Theory, News & General
Topic: Does anyone else think this is a once in a lifetime opportunity to buy treasuries?
Replies: 68
Views: 8447

Re: Does anyone else think this is a once in a lifetime opportunity to buy treasuries?

In 2001 I bought $27,000 worth of I Bonds; 27 bonds, $1,000 each. I have 19 left worth just under $49,000.

Old Guy bows. Thank you for your applause.
by Old Guy
Mon Mar 23, 2020 8:06 am
Forum: Personal Consumer Issues
Topic: How are you supporting your community?
Replies: 60
Views: 3079

Re: How are you supporting your community?

Bought a two hundred fifty dollar gift certificate from a local restaurant group. One hundred dollars will go to support the group’s employees. One hundred dollars can be used at the restaurants. Fifty dollars will be split between two local charitable groups. Took take out food from one of the abov...
by Old Guy
Thu Mar 12, 2020 3:13 pm
Forum: Personal Investments
Topic: Who is staying course and how are you dealing with net worth going down?
Replies: 359
Views: 25900

Re: Who is staying course and how are you dealing with net worth going down?

Not doing anything. I’m not looking at my investments. I’m 77. I know that the stock market goes down. The stock market goes up.
by Old Guy
Wed Feb 26, 2020 10:12 pm
Forum: Personal Consumer Issues
Topic: How Do you Exercise Indoors?
Replies: 127
Views: 9617

Re: How Do you Exercise Indoors?

I spend an hour on an elliptical, with a built in tv, at a small gym. I do the first 30 minutes at level 9. The next ten minutes at level 10. The third ten minutes at level 11. Then five minutes at level 12, and the final five minutes at level 13. I then use a chest, incline, and shoulder machine at...
by Old Guy
Mon Feb 24, 2020 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Car rental coverage in Aruba questions
Replies: 7
Views: 523

Re: Car rental coverage in Aruba questions

We are frequent visitors to Aruba. We always rent a car. My wife is restless and cannot sit on the beach for any length of time.
by Old Guy
Sat Feb 22, 2020 7:05 pm
Forum: Personal Consumer Issues
Topic: Master of Social Work degree
Replies: 111
Views: 4753

Re: Master of Social Work degree

Why can’t many people here understand that not everybody wants to be an engineer or a doctor or a nurse or some tech type. There are lots of us out there who are not very good at math or science. I was trained as an historian. My wife was a social worker. We’ve done just fine. Two large federal gove...
by Old Guy
Fri Feb 21, 2020 12:55 pm
Forum: Personal Consumer Issues
Topic: Master of Social Work degree
Replies: 111
Views: 4753

Re: Master of Social Work degree

My wife has an MSW and a post masters certificate in health care adm. Unfortunately there isn’t much money for those who actually work with people. She got involved in budgeting and ended her career as a branch chief in the Federal Government giving out a quarter of a billion dollars in grants to th...
by Old Guy
Fri Feb 14, 2020 9:37 am
Forum: Personal Consumer Issues
Topic: What are your not free but still frugal hobbies?
Replies: 102
Views: 7582

Re: What are your not free but still frugal hobbies?

Downloading free books, almost entirely science fiction, for my kindle/iPad from https://www.ereaderiq.com/freebies/. Some of is bad. Some ok. Some pretty good. Working out four or five days a week. We own a Marriott timeshare week 10 minutes by bike from where we live. We have access to the facilit...
by Old Guy
Fri Feb 14, 2020 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Thinking of making a leap to partial retirement.
Replies: 22
Views: 2155

Re: Thinking of making a leap to partial retirement.

So what will you do with your new free time?
by Old Guy
Thu Feb 06, 2020 9:55 pm
Forum: Personal Consumer Issues
Topic: Do you buy plastic bags for your home trash bins?
Replies: 99
Views: 7182

Re: Do you buy plastic bags for your home trash bins?

No store plastic bags, with some exceptions, anymore here in Beaufort County SC. Buy plastic bags at Kroger for the basket under the sink. Bring my own reusable bag to the grocery store. Sometimes I forget and then get the paper bags the store has, which are then used to store paper for recycling at...
by Old Guy
Fri Jan 31, 2020 7:30 pm
Forum: Investing - Theory, News & General
Topic: Legibility - age-old issue of form vs function
Replies: 19
Views: 1256

Re: Legibility - age-old issue of form vs function

I hate many websites, which I find unreadable. Faded colors, grays, oranges, blues.
by Old Guy
Sat Jan 25, 2020 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: How to negotiate a severance
Replies: 61
Views: 4766

Re: How to negotiate a severance

Contact the federal Equal Employment Opportunity Commission (EEOC) and your state human rights agency. You do not need an attorney at this stage. There are two separate issues here. First, is how you were treated because of your injury. However, be aware that short term disabilities are not as well ...
by Old Guy
Thu Jan 23, 2020 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 116
Views: 11326

Re: Career change at 47

Municipal building/code inspector.
by Old Guy
Thu Jan 23, 2020 8:43 am
Forum: Personal Finance (Not Investing)
Topic: What did you do cool with your money today?
Replies: 125
Views: 10284

Re: What did you do cool with your money today?

Meg, well done.

I’ve been laid up with a cold or flu for the last five days but I managed to book a trip to NYC for May. When we moved to DC and got married it was done on the condition that we periodically visit The City.
by Old Guy
Mon Jan 20, 2020 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Why retire?
Replies: 267
Views: 16871

Re: Why retire?

I retired in my early 70s for three reasons.

1. I was worn out from listening to people’s tales of woe and grief.
2. Intellectual slippage.
3. Had more than enough money.
by Old Guy
Fri Jan 17, 2020 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: QCD or DAF?
Replies: 5
Views: 327

Re: QCD or DAF?

We itemize since we have a large mortgage.
by Old Guy
Fri Jan 17, 2020 11:19 am
Forum: Personal Finance (Not Investing)
Topic: QCD or DAF?
Replies: 5
Views: 327

QCD or DAF?

My tax rate in 2018 was 24% with an actual rate of 19%. Probably the same for 2019. Our net in 2018 was $250,000 and AGI was $214,000. For 2020 we will have RMDs of about $30,000. Say I want to contribute $6,000 to charities, which would be best for us from a tax point of view a QCD or a DAF? Fideli...
by Old Guy
Thu Jan 16, 2020 1:27 pm
Forum: Personal Consumer Issues
Topic: AAU basketball, college scholarships and career options/choices
Replies: 59
Views: 2572

Re: AAU basketball, college scholarships and career options/choices

And don’t think D 3 schools are any less competitive or demanding in the commitment to athletics to the point of distorting their admissions programs. Williams College has 32 varsity teams. Can you imagine the impact on admissions to make sure all those teams are competitive?
by Old Guy
Thu Jan 16, 2020 12:34 pm
Forum: Personal Consumer Issues
Topic: AAU basketball, college scholarships and career options/choices
Replies: 59
Views: 2572

Re: AAU basketball, college scholarships and career options/choices

Let me come at this from another angle. I was an investigator for the office for civil rights in the US Department of Education. I had a specialty in Title IX athletics. I investigated sports programs in HBCUs, community colleges, colleges with Patriot League type programs, and at major academic and...
by Old Guy
Sun Jan 12, 2020 10:02 am
Forum: Personal Consumer Issues
Topic: Trip to NYC/Broadway
Replies: 55
Views: 2985

Re: Trip to NYC/Broadway

If you want to see other shows, discounted tickets can be had the day of the performance at TKTS in Time Square, https://www.tdf.org/nyc/81/tkts-live?loc=tisq
by Old Guy
Mon Jan 06, 2020 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Question for Older Retirees, In Hindsight Would You Retire Earlier with Reduced Income/Savings?
Replies: 35
Views: 4323

Re: Question for Older Retirees, In Hindsight Would You Retire Earlier with Reduced Income/Savings?

Well Periikleez, not exactly working until the day I die. It was more like we have lots of money so we no longer have to listen to other folks tales of woe and grief.

I finally retired at 72. My wife was 68. Now 77 and 73. We are very young for our ages.
by Old Guy
Mon Jan 06, 2020 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Question for Older Retirees, In Hindsight Would You Retire Earlier with Reduced Income/Savings?
Replies: 35
Views: 4323

Re: Question for Older Retirees, In Hindsight Would You Retire Earlier with Reduced Income/Savings?

NO. Left the feds at 62 after 30 years to work 10 years at a B1G university. I liked working. I liked being at a university and in one of the best college towns in the country. I liked the status and the job and the two condos we bought, one in downtown Chicago, and the ability to send our only chil...
by Old Guy
Wed Jan 01, 2020 8:52 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5457
Views: 1351216

Re: What Movie Have You Recently Watched?

Star Wars-Rise of Skywalker. It did tend to wander on.
by Old Guy
Thu Dec 26, 2019 10:13 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 445
Views: 115464

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

Sometimes this site makes me sad. What’s the purpose of money? Use it. We are and are thoroughly enjoying ourselves.
by Old Guy
Sun Dec 22, 2019 5:46 pm
Forum: Personal Consumer Issues
Topic: Credit card payment habits
Replies: 72
Views: 4287

Re: Credit card payment habits

Just in time usually at the beginning of the month since that’s when my pension checks and RMDs are deposited.
by Old Guy
Sat Dec 21, 2019 6:05 pm
Forum: Investing - Theory, News & General
Topic: Tax Law Changes for 2020
Replies: 355
Views: 28024

Re: Tax Law Changes for 2020

What broken man said.
by Old Guy
Thu Dec 12, 2019 3:02 pm
Forum: Personal Consumer Issues
Topic: Day Trip to Downtown Chicago
Replies: 62
Views: 3646

Re: Day Trip to Downtown Chicago

Architectural boat tour is amazing. Gino’s East not so much. Filled with tourists arriving on buses. Avoid.
by Old Guy
Thu Dec 05, 2019 12:01 am
Forum: Personal Finance (Not Investing)
Topic: Retirees, which accounts do you consume first: Taxable, Deferred,...?
Replies: 37
Views: 3051

Re: Retirees, which accounts do you consume first: Taxable, Deferred,...?

Everything is either pensions, SS, or RMDs. We just consume it all. Anything left over is sent to a Fidelity account at the end of the month.
by Old Guy
Sun Nov 17, 2019 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: More retirees have a mortgage
Replies: 134
Views: 10924

Re: More retirees have a mortgage

I sort of feel like an outlier but in retirement we upsized. Bought the largest house we ever owned in a beach community because we could and we wanted to. We have a jumbo loan (3.625%) and the tax deduction is very useful. I think we could do this because we have sizable federal and state pensions ...
by Old Guy
Sat Nov 16, 2019 1:11 pm
Forum: Personal Consumer Issues
Topic: Best thing you have ever bought?
Replies: 151
Views: 14059

Re: Best thing you have ever bought?

Cornea transplant in 1972. Did it again in the same eye in 2007.
by Old Guy
Sun Nov 03, 2019 3:20 pm
Forum: Personal Consumer Issues
Topic: Timeshare offer experience
Replies: 103
Views: 11647

Re: Timeshare offer experience

I own three Marriott timeshare weeks. One is around the corner from us where we live and I get to use the resort every day I want to work out. I have another in Aruba and a third in Las Vegas. I would never, ever buy destinations points. We trade through Interval almost every year and get to go to p...
by Old Guy
Mon Oct 28, 2019 4:21 pm
Forum: Personal Consumer Issues
Topic: How much do you plan to spend on your children's weddings?
Replies: 182
Views: 10420

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

My wife and I were married by a judge at the Old Pension Building in DC in front of my parents and three friends. Her parents were deceased. My parents were extremely unhappy about our choices and almost didn’t come. I despise big weddings. I think they are useless and think the money should be spen...