Search found 22951 matches

by dm200
Mon Mar 16, 2020 7:37 pm
Forum: Personal Consumer Issues
Topic: Ibuprofen question: Any doctors or pharmacists here?
Replies: 6
Views: 878

Re: Ibuprofen question: Any doctors or pharmacists here?

Is Ibuprofen anything more than a painkiller? (I can't find a clear answer on the internet.) A nurse practitioner told me today that it would not just relieve the pain of my hurt knee but would also promote healing. Is that right? FYI, I didn't get a clear diagnosis but she did say that it was unli...
by dm200
Mon Mar 16, 2020 7:19 pm
Forum: Personal Consumer Issues
Topic: Daycare closed
Replies: 140
Views: 10994

Re: Daycare closed

My kids’ daycare closed for the coronavirus as a precaution. For those in a similar situation, is your daycare crediting or reimbursing any tuition? I obviously want the teachers to be paid but am not interested in seeing the owners keep the money particularly since they are not required to be clos...
by dm200
Mon Mar 16, 2020 7:16 pm
Forum: Personal Investments
Topic: Anyone worried about thier Certificate of Deposits.
Replies: 19
Views: 1969

Re: Anyone worried about thier Certificate of Deposits.

As long as these are federally insured by FDIC or NCUA and are within the federal limits, ZERO worry.
by dm200
Thu Mar 12, 2020 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Best place for auto loan
Replies: 2
Views: 198

Re: Best place for auto loan

Hi all, My wife and I are in the process of buying a new vehicle as our family has outgrown our current ride. We're looking at a Volvo and the best they can do is 2.99%. My wife and I both have credit scores north of 800 so there is no issue there. I recall when I got a loan through Lexus 5 years a...
by dm200
Tue Mar 10, 2020 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand why I need uninsured, underinsured motorist liability and medical payments.
Replies: 50
Views: 4036

Re: Help me understand why I need uninsured, underinsured motorist liability and medical payments.

You have to sue the at-fault driver to collect Underinsured, and your own insurance might defend the at-fault driver to minimize the payout. ... Really? :confused No! [At least with State Farm in Virginia.] When my wife was hit by an at fault driver in a parking lot, she was uninsured. So, we filed...
by dm200
Sat Mar 07, 2020 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand why I need uninsured, underinsured motorist liability and medical payments.
Replies: 50
Views: 4036

Re: Help me understand why I need uninsured, underinsured motorist liability and medical payments.

My conclusions, in Virginia, having State Farm - Medical payments will cover medical expenses incurred by driver and passengers in your vehicle. We do not carry this overage now because my wife and I have very adequate health insurance, as would almost everyone who might be a passenger. However, whe...
by dm200
Thu Mar 05, 2020 10:50 am
Forum: Personal Consumer Issues
Topic: Amazon changes vitamins default to subscribe
Replies: 11
Views: 1317

Re: Amazon changes vitamins default to subscribe

Yes - I recently experienced the same thing.
by dm200
Wed Mar 04, 2020 6:16 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1477
Views: 170730

Re: What frugal thing did you do today?

They have plenty of "hand sanitizer" at my job!
by dm200
Wed Mar 04, 2020 6:13 pm
Forum: Investing - Theory, News & General
Topic: Suppose you founded a company like Microsoft or Amazon & have accumulated tremendous wealth. How would you invest?
Replies: 52
Views: 3736

Re: Suppose you founded a company like Microsoft or Amazon & have accumulated tremendous wealth. How would you invest?

cheese_breath wrote:
Mon Mar 02, 2020 3:17 pm
dm200 wrote:
Mon Mar 02, 2020 2:39 pm
A "trophy wife" -- and a strong "prenup" ;)
And your current wife? Are you planning to move to Utah?
That much money can "solve" any such "problem" ;)
by dm200
Mon Mar 02, 2020 2:37 pm
Forum: Investing - Theory, News & General
Topic: Okay, now when you do buy back in?
Replies: 230
Views: 21694

Re: Okay, now when you do buy back in?

So you sold everything last Wednesday with S&P 500 at 3116, freaked out by the Monday and Tuesday drops and you were sure it would keep dropping. You patted yourself on the back on Thursday and Friday, as the market dropped all the way to 2956 on Friday. Hmm... but now it's heading back up today......
by dm200
Mon Mar 02, 2020 2:34 pm
Forum: Personal Consumer Issues
Topic: Tear off Roof vs. Overlay?
Replies: 33
Views: 1990

Re: Tear off Roof vs. Overlay?

In our case, we messed up (with 20/20 hindsight) 39 years ago. A year or so after buying our current house, we needed a new roof. We did not know whether there was one or two layers of shingles. When the roofer got into the job, it turned out some of the roof had one and some had two. So, we took th...
by dm200
Mon Mar 02, 2020 1:00 pm
Forum: Investing - Theory, News & General
Topic: Is this the start of the dead cat bounce?
Replies: 147
Views: 11739

Re: Is this the start of the dead cat bounce?

This will be very interesting to watch.
by dm200
Mon Mar 02, 2020 10:30 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 390
Views: 176517

Re: How to Minimize Your Emergency Care Expenses

If it is safe for the particular condition, then take a taxi/Uber/lyft or have a friend drive you vs. the added cost of an ambulance.
by dm200
Mon Mar 02, 2020 10:25 am
Forum: Personal Consumer Issues
Topic: Tear off Roof vs. Overlay?
Replies: 33
Views: 1990

Re: Tear off Roof vs. Overlay?

My understanding is that you are generally allowed to overlay once - then the shingles must be removed.

Why go to the expanse of removing the shingles when it is not necessary?

Leave that added expense down the road a few decades - for you or the next owner.
by dm200
Fri Feb 14, 2020 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Entry-Level Jobs with Pensions - What companies still offer pensions these days?
Replies: 155
Views: 12391

Re: Entry-Level Jobs with Pensions - What companies still offer pensions these days?

It's a horrible idea to put much weight on a pension at such a young age, because terms of the pension are likely to change and realistically nobody is likely to stay in a job for long enough to benefit. Just because you vest in 5 years doesn't mean you have much of value. Right!! My first job out ...
by dm200
Fri Feb 14, 2020 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Entry-Level Jobs with Pensions - What companies still offer pensions these days?
Replies: 155
Views: 12391

Re: Entry-Level Jobs with Pensions - What companies still offer pensions these days?

Unfortunately, I suggest he find the best job/career he can -- and then become 100% committed, come hell or high water, to max out 401k, 403b and/or IRAs.
by dm200
Fri Feb 14, 2020 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Entry-Level Jobs with Pensions - What companies still offer pensions these days?
Replies: 155
Views: 12391

Re: Entry-Level Jobs with Pensions - What companies still offer pensions these days?

My sister's son is 23 years old and is graduating college with a business degree. He will be looking for a full-time job soon. His mom wants him to work for a company that offers a pension. She had a pension with her job, and she said it is a lifesaver. However, that was a long time ago and she is ...
by dm200
Fri Feb 14, 2020 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: creating a will
Replies: 22
Views: 1530

Re: creating a will

One big difference is that you can always install another light fixture or bake another cake. However, if your will is determined to be invalid you are dead and there are no second chances. Yes !! Or, the will could be very "valid" but may not do what you wanted or expected. I cannot find it now, b...
by dm200
Fri Feb 14, 2020 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone bypass insurance for primary care?
Replies: 108
Views: 6903

Re: Does anyone bypass insurance for primary care?

We're recently retired and not yet eligible for Medicare. The cost to us (after premium tax credits) of the best HMO plan available through our state's exchange was about half of the cost of a good PPO plan, but DW has long-term relationships with some of her docs. It was cheaper for us to go the H...
by dm200
Fri Feb 14, 2020 2:02 pm
Forum: Personal Consumer Issues
Topic: Costco Tires
Replies: 95
Views: 8176

Re: Costco Tires

We have had very good experiences (and value) in all of our Costco tire purchases.

And, while being installed, we can shop and/or eat at the Food Court.,
by dm200
Fri Feb 14, 2020 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone bypass insurance for primary care?
Replies: 108
Views: 6903

Re: Does anyone bypass insurance for primary care?

Before my wife was on Medicare (where blood tests are no charge), her Obamacare plan had significant charges for the various blood tests.
by dm200
Fri Feb 14, 2020 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: creating a will
Replies: 22
Views: 1530

Re: creating a will

Let me add my opinion that spending a little more for a more complex will (such as providing for subsequent beneficiaries when the original beneficiary predeceases you, etc.) can, and almost always will, make such a will good for a lot more years. Too simple a will may need to be redrafted much more...
by dm200
Fri Feb 14, 2020 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Help find balance between saving vs spending: married and 3 young kids
Replies: 55
Views: 4070

Re: Help find balance between saving vs spending: married and 3 young kids

I disagree with the consensus that the vacation memories aren't important, or only important if the kids can recite when they're grown what they saw. The kids won't remember the details in 30 years, but they'll remember them while they're growing up, and the sense of adventure and family connection...
by dm200
Fri Feb 14, 2020 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: creating a will
Replies: 22
Views: 1530

Re: creating a will

thinking about creating a will. would u recommend sitting down with a lawyer. or would something like legal zoom suffice? You do not know what you do not know! An attorney can help you. Make a detailed list of all your assets by type (single, joint, retirement, etc.) . Then make a list of who you w...
by dm200
Fri Feb 14, 2020 1:17 pm
Forum: Personal Investments
Topic: Where can I invest 8,000 cash for a year?
Replies: 14
Views: 1397

Re: Where can I invest 8,000 cash for a year?

Either:

1. Put in a 12 month federally insured (NCUA or FDIC) CD; or

2. Ask/offer whether you can get a discount for cash

Pick whichever is better
by dm200
Fri Feb 14, 2020 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Help find balance between saving vs spending: married and 3 young kids
Replies: 55
Views: 4070

Re: Help find balance between saving vs spending: married and 3 young kids

We have never been able to catch these and use them when they are announced - and they seem to have very short windows - but Southwest airlines offers super low fares to lots of the places they serve. Earlier, for example, the had unbelievably low fares to and from Hawaii!
by dm200
Fri Feb 14, 2020 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Help find balance between saving vs spending: married and 3 young kids
Replies: 55
Views: 4070

Re: Help find balance between saving vs spending: married and 3 young kids

I agree now that I've thought of it more that the Caribbean could be a stretch. More in southern florida seems it could be doable. I like the idea of a Airbnb as well that someone else mentioned. I briefly started a 529 for my kids but I've also read those are more applicable to higher income earne...
by dm200
Fri Feb 14, 2020 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Help find balance between saving vs spending: married and 3 young kids
Replies: 55
Views: 4070

Re: Help find balance between saving vs spending: married and 3 young kids

Our kids are exactly the same, lol. We go to Disney World periodically with our kids (8 and 6), and if you ask them what their favorite part of their vacation, the inevitable reply is "the swimming pool", lol. We go the parks for a couple hours, then they just complain how they want to go back to t...
by dm200
Fri Feb 14, 2020 12:03 pm
Forum: Personal Consumer Issues
Topic: What are your not free but still frugal hobbies?
Replies: 102
Views: 7628

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

Detailing my car. When I do this all of my stress, worries, etc temporary goes away as I focus on the task at hand. I tend to keep my cars a long time as long as it is running well and looks good. I tend to get compliments from strangers and the rare offer to buy my car on the stop when I do this. ...
by dm200
Fri Feb 14, 2020 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Help find balance between saving vs spending: married and 3 young kids
Replies: 55
Views: 4070

Re: Help find balance between saving vs spending: married and 3 young kids

I recall reading a story about one family's choices and priorities about vacations/travel. This family chose to live in a more modest/small home in order to be financially able to take nice regular family vacations. After the children had grown up, the parents (then with 20/20 hindsight) concluded t...
by dm200
Fri Feb 14, 2020 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Help find balance between saving vs spending: married and 3 young kids
Replies: 55
Views: 4070

Re: Help find balance between saving vs spending: married and 3 young kids

Hi all. I'm wanting to get some feedback from folks regarding my struggle of saving money vs spending it with my family. I typically have been the only one working making around 105K a year, but my wife just recently went back to work one day a week working as a hair stylist. She receives no benefi...
by dm200
Fri Feb 14, 2020 11:41 am
Forum: Personal Consumer Issues
Topic: What is the best concert you ever witnessed?
Replies: 385
Views: 27749

Re: What is the best concert you ever witnessed?

radeon962 wrote:
Fri Feb 14, 2020 11:10 am
Prince 1984 Purple Rain Tour at Joe Louis Arena in Detroit.
16 years old went with friends from high school.
Yes - I recall Prince and Purple Rain from the 80's, BUT I never saw him in person.
by dm200
Fri Feb 14, 2020 11:40 am
Forum: Personal Consumer Issues
Topic: What is the best concert you ever witnessed?
Replies: 385
Views: 27749

Re: What is the best concert you ever witnessed?

Now that I think more about it, I cannot remember the year (quite a while ago), but my wife and I attended a Neil Diamond concert at the "Capital Centre" (now demolished) near Washington DC. We really enjoyed it.
by dm200
Fri Feb 14, 2020 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Early inheritance for one - how to equalize disbursement?
Replies: 65
Views: 4234

Re: Early inheritance for one - how to equalize disbursement?

It may also be the case that, for many reasons, an equal dollar amount distribution may not what you want to do. Perhaps one adult child has a situation where more is justified or another is not in such a situation.

In our case, things are simple - just one child!!
by dm200
Fri Feb 14, 2020 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Where to leave money when we die
Replies: 68
Views: 5426

Re: Where to leave money when we die

The size of the higher ed bureaucracy has exponentially grown while the size of the faculty (# of professors) remains flat and federal and state funding is flat. Some of that bureaucracy is justified (like a Career Building Office) but much of it should be reduced and streamlined. Yes. I was lookin...
by dm200
Fri Feb 14, 2020 11:25 am
Forum: Personal Consumer Issues
Topic: Best Oil?
Replies: 124
Views: 10352

Re: Best Oil?

I cannot remember the details now, but I recall a few years ago there was some kind of oil that was marketed and sold by individuals (much like Amway) that was alleged to be the best oil ever made. Even has a similar name: Amsoil. I've used it for quite a few years. It's among the best, but it's no...
by dm200
Fri Feb 14, 2020 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Where to leave money when we die
Replies: 68
Views: 5426

Re: Where to leave money when we die

The anti-education screeds on this site are fascinating. I'm not anti-education. I'm for reform of the current education system. I don't say this as some right-wing Republican type. I'm a bleeding-heart over-educated liberal with a Ph.D. in my field from Harvard. You don't have to be anti-education...
by dm200
Fri Feb 14, 2020 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Early inheritance for one - how to equalize disbursement?
Replies: 65
Views: 4234

Re: Early inheritance for one - how to equalize disbursement?

I would also consider the tradeoff between being 100% fully fair, equal, etc. and peaceful family relationships.

is it worth a few dollars more to end up in a family dispute?
by dm200
Fri Feb 14, 2020 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Just accepted a new job, insurance gap?
Replies: 12
Views: 1005

Re: Just accepted a new job, insurance gap?

I waited with cobra. But ended up visiting the Dr office which demanded upfront coverage with no detectable insurance. Ittook a long time to get the insurance to cover the visit and get reimbursement from Dr.
Yes - a reason to pay COBRA right away!
by dm200
Fri Feb 14, 2020 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Where to leave money when we die
Replies: 68
Views: 5426

Re: Where to leave money when we die

Consider, also, using a DAF as a vehicle for delivering a stream of funds to a charity over many years. Set up and fund the minimum for a DAF (such as Fidelity) and find someone to be the successor trustee (preferably a much younger person - or perhaps two such persons). Then, have that person ready...
by dm200
Fri Feb 14, 2020 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Where to leave money when we die
Replies: 68
Views: 5426

Re: Where to leave money when we die

Here is another charity that does good work -- both domestically and internationally. https://www.ramusa.org/ You can get personally, hands on, involved. I had the privilege of meeting the founder of RAM, Stan Brock - now deceased. https://en.wikipedia.org/wiki/Stan_Brock_(philanthropist) He certain...
by dm200
Fri Feb 14, 2020 9:44 am
Forum: Personal Consumer Issues
Topic: Best Oil?
Replies: 124
Views: 10352

Re: Best Oil?

Since taxicabs generally put on a lot of miles with mostly in city driving, I wonder what a well informed cab company uses in their cab fleets? With a fleet of cabs, I believe that if one type or brand of oil is "better" (meaning the cabs last longer and need fewer repairs), a little more spent on ...
by dm200
Fri Feb 14, 2020 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Where to leave money when we die
Replies: 68
Views: 5426

Re: Where to leave money when we die

I would also urge anyone considering leaving money to charities in their wills to research and become involved with any such charities while still alive. There are many (such as the one international charity I mentioned) where you can become personally involved and see, for yourself, what the charit...
by dm200
Fri Feb 14, 2020 9:26 am
Forum: Personal Consumer Issues
Topic: How big of a car do you need for a kid and his/her stuff?
Replies: 66
Views: 3599

Re: How big of a car do you need for a kid and his/her stuff?

Not relevant to the kid(s) issue, but we found that the front passenger seat, being a bit higher, was really easy and convenient for my then elderly mother-in-law to get in and out of when she would visit us, or we would visit her. To keep from being hooked in to carpool the hockey team - when you d...
by dm200
Fri Feb 14, 2020 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Meeting next week with our insurance agent: question about replacement cost
Replies: 12
Views: 1086

Re: Meeting next week with our insurance agent: question about replacement cost

When we first purchased our house 40+ years ago, the Homeowners insurance "challenge" we faced back then was being required by our mortgage lender to have the insured value at least as high as the mortgage balance. We had a VA loan and only a very small down payment. A good part of our purchase pric...
by dm200
Fri Feb 14, 2020 9:00 am
Forum: Personal Consumer Issues
Topic: Tires for older, lower annual mileage cars?
Replies: 55
Views: 2948

Re: Tires for older, lower annual mileage cars?

I just looked at my 2003 Corolla tires - all four are Cooper brand (?)
by dm200
Fri Feb 14, 2020 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Just accepted a new job, insurance gap?
Replies: 12
Views: 1005

Re: Just accepted a new job, insurance gap?

The medical is supposed to be in effect from day one, but the fully company paid STD and LTD dont take effect for 6 months. Nor the company paid Life. I'm supposed to get full info packet Monday or Tuesday via FedEx. Will be giving my 2 week notice at current employer tomorrow or Monday. Planning o...
by dm200
Fri Feb 14, 2020 8:54 am
Forum: Personal Consumer Issues
Topic: What are your not free but still frugal hobbies?
Replies: 102
Views: 7628

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

For the sheer joy, pets. Not really expensive if budgeted for. My cats are self insured, having had pretty good health for all of their 17 - yes, they are old - years and I have been putting $100 a month into their savings account since I got them as kittens. For fun, I tried raising chickens...too...
by dm200
Fri Feb 14, 2020 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Meeting next week with our insurance agent: question about replacement cost
Replies: 12
Views: 1086

Re: Meeting next week with our insurance agent: question about replacement cost

Our deductible is also 1% of the insured replacement value. I will be shocked if they're willing to have a conversation about actually lowering our coverage amount. I don't know in your case, but, as I posted, we have reduced the replacement value several times over the years -- when the automatic ...