Search found 2860 matches

by Rupert
Wed Feb 07, 2018 11:07 am
Forum: Personal Consumer Issues
Topic: Want a Safe Car, Feel Guilty
Replies: 72
Views: 5358

Re: Want a Safe Car, Feel Guilty

My father in law turned off his lane departure warning. The car kept beeping at him and pretty soon it was "the beep that cried wolf". :shock: I'm not sure what that says about his driving at 75+. I doubt it says anything about your FIL. The lane departure warning on my minivan is next-to-useless f...
by Rupert
Wed Feb 07, 2018 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Am I creating an issue? [tax lots with many periodic contributions]
Replies: 21
Views: 1374

Re: Am I creating an issue?

I thought investing as soon as money is available was one of the main principles of the BG philosophy? I've been visiting this site a long time, and you are the first person I've ever heard say that. So I'd say, no, that is definitely not a main principle of the Boglehead philosophy. Investing smar...
by Rupert
Wed Feb 07, 2018 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Am I creating an issue? [tax lots with many periodic contributions]
Replies: 21
Views: 1374

Re: Am I creating an issue?

I do it for a totally non-scientific reason of "it makes me feel better." It gives me a greater chance of not buying on the high, but the math probably doesn't support me making any more money off of it. The consensus is that I should buy twice a month instead of 8-10 times per month? Or once a mon...
by Rupert
Wed Feb 07, 2018 10:33 am
Forum: Personal Consumer Issues
Topic: Want a Safe Car, Feel Guilty
Replies: 72
Views: 5358

Re: Want a Safe Car, Feel Guilty

My father in law turned off his lane departure warning. The car kept beeping at him and pretty soon it was "the beep that cried wolf". :shock: I'm not sure what that says about his driving at 75+. I doubt it says anything about your FIL. The lane departure warning on my minivan is next-to-useless f...
by Rupert
Wed Feb 07, 2018 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Equifax issues
Replies: 16
Views: 1476

Re: Equifax issues

I just received a letter from Equifax today, that isn't relevant to your issue but might give you an idea of their competency. I placed a security freeze with them last year. Today I received a letter from them that states that a new address XXX was posted to my file in the last 30 days. They write...
by Rupert
Wed Feb 07, 2018 8:03 am
Forum: Personal Consumer Issues
Topic: House renovation financing
Replies: 17
Views: 1299

Re: House renovation financing

HELOCs are good options. They used to be tax deductible but that changed this year unfortunately. But you have to have enough income to pay the loan, so that may or may not be a problem. I thought HELOCs and home equity loans were still deductible so long as you use the money for home improvement/r...
by Rupert
Tue Feb 06, 2018 3:41 pm
Forum: Personal Consumer Issues
Topic: Analysis Paralysis on Replacing Smoke Detectors and Thermostats
Replies: 4
Views: 386

Re: Analysis Paralysis on Replacing Smoke Detectors and Thermostats

Have you considered using Roost smart batteries in ordinary smoke detectors? Might be a decent alternative to smart detectors (and a lot cheaper). I would get an HVAC company over to inquire about potentially moving that upstairs thermostat.
by Rupert
Tue Feb 06, 2018 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: No such thing as true own occupation in group LTD insurance?
Replies: 6
Views: 280

Re: No such thing as true own occupation in group LTD insurance?

I think true own occupation policies are uncommon in the group market (I can't say if they're completely unavailable -- just know they are uncommon). Modified own occupation and any occupation coverage is more common in group policies. In any event, you need individual DI as group coverage typically...
by Rupert
Tue Feb 06, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Ineligibile Roth Contributions
Replies: 9
Views: 455

Re: Ineligibile Roth Contributions

The IRS finds it quite difficult to monitor taxpayer cash flows in a timely fashion, even when forms are submitted properly. And places like vanguard.com aren't helping much either as regards ineligible Roth IRA contributions. When I log on, their website continues to prompt me to contribute $6500 ...
by Rupert
Tue Feb 06, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Ineligibile Roth Contributions
Replies: 9
Views: 455

Re: Ineligibile Roth Contributions

You keep paying that 6% annual penalty until you fix the error. The best way to fix the error is to move the ineligible contribution to a tIRA before your tax deadline. The next best way to fix it is to withdraw the funds and invest them elsewhere before your tax deadline.
by Rupert
Tue Feb 06, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: Young vs Middle Aged?
Replies: 32
Views: 2969

Re: Young vs Middle Aged?

When you watch the Grammy Awards and not only don't recognize 80% of the artists/songs but also don't understand 50+% of anything anyone is saying, you've reached middle age.
by Rupert
Tue Feb 06, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Railroad Retirement question
Replies: 7
Views: 721

Re: Railroad Retirement question

I think all of us will be hard pressed to answer your questions, for several reasons. One is there are many railroads out there, and I'm sure they have many different unions, so there are probably dozens or hundreds of pensions. I don't know the details of your particular pension. However, the numb...
by Rupert
Tue Feb 06, 2018 7:43 am
Forum: Personal Consumer Issues
Topic: Comcast Modem Rental
Replies: 41
Views: 2774

Re: Comcast Modem Rental

Be careful to monitor your bills after buying and registering your own modem. Comcast is notorious for continuing to bill you for a rental even after you return it. The charge may disappear from your bill for a while, but then it will pop back up again. I recall hearing at some point that they were ...
by Rupert
Mon Feb 05, 2018 2:57 pm
Forum: Personal Consumer Issues
Topic: Collections of debts of minors
Replies: 21
Views: 1970

Re: Collections of debts of minors

Yet minors can be tried and punished as if they were adults if they are alleged to have committed certain crimes, which rather undermines the lack of education and life experience reasoning for allowing them to void contracts. Crimes are a solo act (even with accomplices) and do not involve contrac...
by Rupert
Mon Feb 05, 2018 2:00 pm
Forum: Personal Consumer Issues
Topic: Ever Thought of Suing (or Sued) A Waterproofing Company?
Replies: 20
Views: 1610

Re: Ever Thought of Suing (or Sued) A Waterproofing Company?

Filling an existing drain pipe with cement sounds like negligence off hand. That's not a reasonable solution to a drainage problem, and it's likely that the firm doesn't know what they are doing. No waterproofing company should make the problem worse. This is an important point. I'm not giving you ...
by Rupert
Mon Feb 05, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance amount/length question
Replies: 8
Views: 431

Re: Life Insurance amount/length question

The answer re how much really depends on how you view life insurance. Some people view it as a gift to their heirs. Other people view it as income replacement for dependents for only as long as they absolutely need it (usually until children are educated and launched or a stay-at-home spouse reaches...
by Rupert
Mon Feb 05, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: Ever Thought of Suing (or Sued) A Waterproofing Company?
Replies: 20
Views: 1610

Re: Ever Thought of Suing (or Sued) A Waterproofing Company?

I'm still trying to wrap my mind around your contractor's idea that filling a drainage pipe with cement could somehow fix a drainage issue. I would not let those people near my house again. You need a drainage expert. (Note that you've gotten accurate information above re the impossibility of "water...
by Rupert
Mon Feb 05, 2018 9:57 am
Forum: Personal Consumer Issues
Topic: Equifax Unlocked Me And IRS Account
Replies: 5
Views: 902

Re: Equifax Unlocked Me And IRS Account

Was your credit locked or frozen at Equifax? If merely locked, then you may have identified another reason why a freeze is superior to the various "lock" options offered by the credit bureaus. I thought they were the same thing. What's the difference. I believe it was "Frozen", but perhaps not. At ...
by Rupert
Mon Feb 05, 2018 8:59 am
Forum: Investing - Help with Personal Investments
Topic: 529 plans...prioritize in-state deduction or low fees out of state?
Replies: 7
Views: 480

Re: 529 plans...prioritize in-state deduction or low fees out of state?

I was in the same situation when my kids were born. I decided to make contributions in the early years of their lives in the lower-cost out-of-state plan knowing that in approximately 10 years the amount I saved in fees would far outpace the state tax deduction I was giving up. At that time, my stat...
by Rupert
Mon Feb 05, 2018 8:50 am
Forum: Personal Consumer Issues
Topic: Equifax Unlocked Me And IRS Account
Replies: 5
Views: 902

Re: Equifax Unlocked Me And IRS Account

Was your credit locked or frozen at Equifax? If merely locked, then you may have identified another reason why a freeze is superior to the various "lock" options offered by the credit bureaus.
by Rupert
Sun Feb 04, 2018 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: 529 for private elementary school?
Replies: 26
Views: 1757

Re: 529 for private elementary school?

OP -- You're in Texas so it shouldn't be very complicated for you. It's more complicated in states that might try to clawback state tax deductions. For everyone though, the safest thing to do is ask whoever operates your state plan what your state's rules are going forward. (I believe this to be tru...
by Rupert
Sat Feb 03, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: Single Serve 'auto on at chosen time' coffee maker
Replies: 9
Views: 769

Re: Single Serve 'auto on at chosen time' coffee maker

Why not just a regular 12-cup programmable coffee maker, available for less than $50 at Target and Walmart? You avoid the waste and expense of Keurig pods, and you can set it up to brew only 2 cups at a time. 2 "cups" is actually about equivalent to one normal-sized coffee mug.
by Rupert
Fri Feb 02, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Term insurance premiums: buy now or wait a year or two
Replies: 23
Views: 894

Re: Term insurance premiums: buy now or wait a year or two

Use an independent broker so he/she can steer you to the insurance companies with the most lax underwriting standards for your particular medical issues. No-exam policies are for sick and young people. You are neither. Even if you are offered a standard, as opposed to preferred or super-preferred, r...
by Rupert
Fri Feb 02, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Need help - first major career choice (fed. gov.)
Replies: 39
Views: 2649

Re: Need help - first major career choice (fed. gov.)

In addition to the pension + TSP + social security retirement benefits noted above, the feds offer health insurance to retirees, which is practically unheard of in the private sector these days. Also, in addition to the paid annual leave (which starts at 4 hours per pay period, increases to 6 hours ...
by Rupert
Fri Feb 02, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: Substitute for taking a shower?
Replies: 64
Views: 6741

Re: Substitute for taking a shower?

They make foaming baby wipes for bathing infants without submerging them. Check the baby aisle at your local Target or Walmart.
by Rupert
Fri Feb 02, 2018 7:24 am
Forum: Forum Issues and Administration
Topic: Fewer acronyms please
Replies: 119
Views: 8122

Re: Fewer acronyms please

People sometimes use acronyms such as YMMV and IMHO to take the edge off a post, i.e., they use them like emojis to set a tone or express an emotion. For example, someone using YMMV might tack it at the end of a post to emphasize that they know their experience might be unique and that they're not t...
by Rupert
Thu Feb 01, 2018 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Help with House Selling and Buying situation, school districts
Replies: 20
Views: 975

Re: Help with House Selling and Buying situation, school districts

Why are you insisting on a 15-year mortgage? If you went with a 30-year, could you afford a house in your preferred district? If so, that's what I would do. And then I would dedicate all future salary increases to paying off the 30-year mortgage in 15 years. In a perfect Bogleheady world, you would ...
by Rupert
Thu Feb 01, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Changing my w4
Replies: 9
Views: 899

Re: Changing my w4

If you're getting an $8000 refund, then, yes, you need to change your W4. You gave the government a large interest-free loan. Note that new W4s are coming out that incorporate the new tax law changes. It's likely the case that we all need to re-evaluate our W4s in light of the new law.
by Rupert
Thu Feb 01, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: SUV vs Minivan: which is safer?
Replies: 23
Views: 1643

Re: SUV vs Minivan: which is safer?

If you avoid the body-on-frame SUVs (typically just the really big ones) and stick with a unibody SUV (e.g., the Honda Pilot, the Toyota Highlander), there probably isn't a significant difference in terms of safety today. It really comes down to which will most comfortably fit the people you routine...
by Rupert
Wed Jan 31, 2018 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone negotiated a medical bill to see a specialist?
Replies: 19
Views: 1601

Re: Has anyone negotiated a medical bill to see a specialist?

L Folks are wrong saying it should only be a copay. With a PPO plan, other than many plans paying for a screening or annual visit, all other care is out of pocket up to the deductible amount. And there is often a much bigger deductible for out of network providers. lafder This is not true of all PP...
by Rupert
Wed Jan 31, 2018 8:01 am
Forum: Personal Finance (Not Investing)
Topic: First time home buyer- Tips?
Replies: 18
Views: 1817

Re: First time home buyer- Tips?

After 5 home purchases I would not align myself with a buyers agent. I don’t need somebody to “negotiate for me”. I would deal with listing brokers only. The fewer people between the buyer and seller the better. Talk less, email more. Don’t believe the “stories”. There is no one house you’ve got to...
by Rupert
Wed Jan 31, 2018 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Help! Insurance company wants new roof after closing!
Replies: 20
Views: 3190

Re: Help! Insurance company wants new roof after closing!

You should try to switch insurance companies. My insurance company did inspect my house before they wrote a policy for me the first time and has since (to my knowledge) inspected my roof once. So it's not unheard of for them to do that. But under the circumstances, I'd just switch companies and hope...
by Rupert
Tue Jan 30, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: "I Volunteered for the Hospital Board and was Sued for Millions."
Replies: 44
Views: 10527

Re: "I Volunteered for the Hospital Board and was Sued for Millions."

Board members have personal liability exposure under ERISA. Remember that when you volunteer for the board of a nonprofit that offers an ERISA retirement plan to its employees. Make sure they have an ERISA liability policy or an ERISA rider on their D&O policy.
by Rupert
Tue Jan 30, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: Bathroom Remodel Question
Replies: 10
Views: 1591

Re: Bathroom Remodel Question

I would just buy something cheap for temporary use now. While, yes, you could theoretically re-use anything you choose (keeping in mind ResearchMed's comment above about choosing the type of faucet, e.g., centerset, single-hole, or widespread, you intend to use in the new bathroom), my experience ha...
by Rupert
Tue Jan 30, 2018 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 193
Views: 28980

Re: How to Minimize Your Emergency Care Expenses

[quote=Tachyon post_id=3752636 time=1517339203 user_id=126844 However, other cases are more borderline/fraudulent. One particular example is of a hospital chain that is influencing their physicians to diagnose Kwashiorkor in Medicare patients, which is otherwise a very rare diagnoses in the US. It's...
by Rupert
Tue Jan 30, 2018 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone negotiated a medical bill to see a specialist?
Replies: 19
Views: 1601

Re: Has anyone negotiated a medical bill to see a specialist?

With a PPO plan, wouldn't you just have to pay a co-pay and not the $400? Under my PPO plan, my co-pay to see a specialist is only $10 more than my copay to see my GP. Sounds like he has a $1,500 deductible which makes him responsible for the full cost of specialist visits until he has spent that a...
by Rupert
Tue Jan 30, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone negotiated a medical bill to see a specialist?
Replies: 19
Views: 1601

Re: Has anyone negotiated a medical bill to see a specialist?

With a PPO plan, wouldn't you just have to pay a co-pay and not the $400? Under my PPO plan, my co-pay to see a specialist is only $10 more than my copay to see my GP.
by Rupert
Mon Jan 29, 2018 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: How much life insurance - and for how long?
Replies: 29
Views: 2258

Re: How much life insurance - and for how long?

fire_rebel wrote:
Mon Jan 29, 2018 5:16 pm

Just trying to find when it's not necessary to have a life insurance.
It's not necessary when you have no dependents.
by Rupert
Mon Jan 29, 2018 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Auto accident - use insurance or self pay
Replies: 11
Views: 708

Re: Auto accident - use insurance or self pay

That rental reimbursement is not for the other party; it's for you (when you need a rental). When the party you hit needs a rental, that is covered under your liability policy.
by Rupert
Mon Jan 29, 2018 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads - Help us decide (home addition)
Replies: 14
Views: 1127

Re: Bogleheads - Help us decide (home addition)

I'd talk to some contractors. Architects are notorious for lagging on cost estimates. It's the architects who are wearing rose-colored glasses. Talk to builders. And always add about 25% to the builders' estimates. Last year, I got $75-100K quotes to remodel an existing bath and add a single small ...
by Rupert
Mon Jan 29, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: How much life insurance - and for how long?
Replies: 29
Views: 2258

Re: How much life insurance - and for how long?

Assuming you're in good health, term life at your ages is dirt cheap. In your shoes, I would buy a minimum $1M on you and $500K on your wife. I'd choose a 30-year term because your kids won't be fully launched in 20 years. (You can always stop paying the premiums and let the policy lapse if in 20 ye...
by Rupert
Mon Jan 29, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Separation of jointly owned property after divorce
Replies: 13
Views: 1026

Re: Separation of jointly owned property after divorce

That was my thought also, how much is this land worth and is it worth the fight? The divorce decree didn't have anything about who this land goes to and a figured out by date? I find it odd it would just say, jointly owned and leave it as forever to be jointly owned. Unless that's what they agreed ...
by Rupert
Mon Jan 29, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Separation of jointly owned property after divorce
Replies: 13
Views: 1026

Re: Separation of jointly owned property after divorce

Partition suits can be expensive. If I were advising your friend I'd ask him to find out how much that undeveloped lot is worth and how long it's going to take to sell it. It may not be worth the fight if the property is worth < $100k when you subtract out the attorney, court and sales costs for hi...
by Rupert
Mon Jan 29, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Separation of jointly owned property after divorce
Replies: 13
Views: 1026

Re: Separation of jointly owned property after divorce

Yes, a joint owner can force the sale of property. It's called a partition action. In this case, though, your friend should speak to his divorce attorney. Possibly going back to family court for an amendment of the divorce judgment is possible (I'm not sure, but that's why I'm recommending he speak ...
by Rupert
Mon Jan 29, 2018 11:52 am
Forum: Personal Consumer Issues
Topic: Neighbor recently burglarized- Suggestions for home security
Replies: 101
Views: 8618

Re: Neighbor recently burgalerized - Suggestions for home security

Your neighbor was likely targeted because she is an older woman who lives alone. She may have been hit by someone who worked in her home, e.g., a handyman, contractor, or lawn service person. It's also possible the thieves watched your neighborhood for some time before choosing her. Think about how ...
by Rupert
Sun Jan 28, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Home Equity Loan to pay off Credit Cards
Replies: 9
Views: 694

Re: Home Equity Loan to pay off Credit Cards

It made more sense to do this when home equity loan interest was tax deductible. As a result of the new tax law, it is no longer deductible (at least when used for purposes other than improving/repairing the home). Now, it really makes just as much sense (or perhaps more sense, given the fees associ...
by Rupert
Sat Jan 27, 2018 4:02 pm
Forum: Personal Consumer Issues
Topic: Universal Studios FL - Express Pass?
Replies: 15
Views: 701

Re: Universal Studios FL - Express Pass?

It is also worth it to find websites that give you pointers of how to sequentially hit the rides and attractions. People tend to go in patterns and if you do the opposite you can game the system a bit. Usually it involves going the opposite direction as most people and hitting the most popular attr...
by Rupert
Sat Jan 27, 2018 11:46 am
Forum: Personal Consumer Issues
Topic: Universal Studios FL - Express Pass?
Replies: 15
Views: 701

Re: Universal Studios FL - Express Pass?

Generally, I wouldn't recommend Express Passes for that time of year, but with you trying to see everything in one day, they may come in helpful. But how old are your kids? If old enough to ride alone, you could use the single rider lines on the more popular rides and save a lot of time that way.
by Rupert
Fri Jan 26, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Are 100-year old homes junk?
Replies: 62
Views: 2372

Re: Are 100-year old homes junk?

The original poster obviously does not see the value of the house in the ideal location. People buying the house (the competition that sets the market rate) are either willing to tolerate the possible inadequacies of the home or are willing to invest even more in ensuring the proper upgrades are in...
by Rupert
Fri Jan 26, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Are 100-year old homes junk?
Replies: 62
Views: 2372

Re: Are 100-year old homes junk?

No, not all 100-year-old homes are "junk." In fact, many of them are better constructed than new homes built today (remember Chinese drywall?). I'd rather have a properly-maintained 100-year-old house than a not-properly-maintained 30-year-old house. As for wiring and plumbing, those systems can be ...