Search found 801 matches

by FoolStreet
Sun Aug 18, 2019 4:36 pm
Forum: Personal Investments
Topic: Prudential Premier Retirement B / HDI v3.0 Annuity
Replies: 13
Views: 650

Re: Prudential Premier Retirement B / HDI v3.0 Annuity

Is this a Roth IRA? "Withdrawals from a VA are tax deferred so there would never be a reason to place one in a tax-favored account like an IRA." http://i67.tinypic.com/4tva0l.jpg http://i65.tinypic.com/286v3i1.jpg A variable annuity can be a very important part... "So you are saying there's a chanc...
by FoolStreet
Thu Aug 15, 2019 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Friend Being Offered Variable & Indexed Universal Life for Tax-free Retirement Income
Replies: 46
Views: 2468

Re: Friend Being Offered Variable & Indexed Universal Life for Tax-free Retirement Income

IMHO for permanent insurance whole life is the only type to consider...even with the significantly higher premiums over UL. A guaranteed UL policy is basically the equivalent of term insurance guaranteed for life. When someone wants a permanent death benefit at the lowest possible cost, it is the b...
by FoolStreet
Thu Aug 15, 2019 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Relationship mortgage discounts for moving a million assets
Replies: 268
Views: 26004

Re: Relationship mortgage discounts for moving a million assets

FRB's rate of 3.15 is better than the 3.25 I have elsewhere, but I'm not sure that the small improvement in pricing justifies the tie-up at FRB vs the less onerous assets requirements at other banks. However, I'm still trying to work out the actual functional requirements for my First Republic offe...
by FoolStreet
Wed Aug 14, 2019 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Mom inheriting variable annuity within IRA from Dad
Replies: 15
Views: 1211

Re: Mom inheriting variable annuity within IRA from Dad

For a data point, I inherited a similar product from my father, and it had a significant surrender fee. Nonetheless, when I ran the numbers, 5-6 years, which was much earlier than the expiry of the contract, would be enough for the lower costs of a diversified portfolio at Vanguard to recoup the su...
by FoolStreet
Tue Aug 13, 2019 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Friend Being Offered Variable & Indexed Universal Life for Tax-free Retirement Income
Replies: 46
Views: 2468

Re: Friend Being Offered Variable & Indexed Universal Life for Tax-free Retirement Income

Wife's co-worker was sold 2 of these policies by her CPA. She asked me if I could help her understand why they hadn't really grown much over the past 9 years, even though she was expecting 5-6% return. I read the contracts and recalculated the returns over the past 9 years. Tthe policy was solid in...
by FoolStreet
Tue Aug 13, 2019 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Friend Being Offered Variable & Indexed Universal Life for Tax-free Retirement Income
Replies: 46
Views: 2468

Re: Friend Being Offered Variable & Indexed Universal Life for Tax-free Retirement Income

Hello Bogleheads, I know what is to come of this thread...and I'm excited to read everyone's thoughts. I know everyone says these products are high-cost, low-performance trash that should be avoided at all costs. And I certainly tend to agree, but I would like some facts as I help educate my friend...
by FoolStreet
Sun Aug 11, 2019 2:54 pm
Forum: Personal Consumer Issues
Topic: Santa Fe lane centering vs. Ford Co-Pilot
Replies: 24
Views: 1156

Re: Santa Fe lane centering vs. Ford Co-Pilot

Ok. The hybrid has more horsepower and is supposed to be a much better car. I hope so! The non-hybrid is certainly a perfectly acceptable car. We were turned off by discovering that they force a moon roof on you, if you want anything above the base model. You'd think Toyota and Honda sell in enough...
by FoolStreet
Sun Aug 11, 2019 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: State Farm Agent Questions
Replies: 16
Views: 1392

Re: State Farm Agent Questions

If I may suggest, while you're considering switching SF agents, it might be wise to take an add'l step and obtain quotes from several different underwriters (i.e., insurance companies). Even if you eventually decide to stay with SF, at least you'll know what kind and type of prices the competition ...
by FoolStreet
Sun Aug 11, 2019 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: State Farm Agent Questions
Replies: 16
Views: 1392

Re: State Farm Agent Questions

retiredjg wrote:
Sun Aug 11, 2019 12:51 pm
I think the rates reflect where the insured property is and have nothing to do with where the agent is located or how nice the office is.
Thanks Retiredjg and Northern. Makes sense. That helps.
by FoolStreet
Sun Aug 11, 2019 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: State Farm Agent Questions
Replies: 16
Views: 1392

Re: State Farm Agent Questions

My SF agent retired and SF wanted to switch me to another agency. I was happy with the original agency and I figured since it wasn't the agent I dealt with but the people in the office I asked if I could stay with the same agency and take my chances with whoever took over the business. That worked ...
by FoolStreet
Sun Aug 11, 2019 10:26 am
Forum: Personal Finance (Not Investing)
Topic: State Farm Agent Questions
Replies: 16
Views: 1392

State Farm Agent Questions

My State Farm agent has retired and I'm wondering whether I should accept the agent that took over the book of business, or request a new agent based on some other set of criteria. I use State Farm for auto, home and umbrella. Main thing is that I am looking for someone who can communicate via email...
by FoolStreet
Sat Aug 10, 2019 10:05 pm
Forum: Personal Consumer Issues
Topic: Santa Fe lane centering vs. Ford Co-Pilot
Replies: 24
Views: 1156

Re: Santa Fe lane centering vs. Ford Co-Pilot

We test drove a 2019 Hyundai Santa Fe. I was surprised to find that it appears to have lane centering, although Hyundai does not seem to call it that. The standard lane keep assist on the Santa Fe has a setting called "active" that actually centers and steers the car. I experienced this myself. Doe...
by FoolStreet
Sat Aug 10, 2019 9:34 pm
Forum: Personal Consumer Issues
Topic: Santa Fe lane centering vs. Ford Co-Pilot
Replies: 24
Views: 1156

Re: Santa Fe lane centering vs. Ford Co-Pilot

We test drove a 2019 Hyundai Santa Fe. I was surprised to find that it appears to have lane centering, although Hyundai does not seem to call it that. The standard lane keep assist on the Santa Fe has a setting called "active" that actually centers and steers the car. I experienced this myself. Doe...
by FoolStreet
Sat Aug 10, 2019 8:52 pm
Forum: Personal Consumer Issues
Topic: Santa Fe lane centering vs. Ford Co-Pilot
Replies: 24
Views: 1156

Re: Santa Fe lane centering vs. Ford Co-Pilot

We test drove a 2019 Hyundai Santa Fe. I was surprised to find that it appears to have lane centering, although Hyundai does not seem to call it that. The standard lane keep assist on the Santa Fe has a setting called "active" that actually centers and steers the car. I experienced this myself. Doe...
by FoolStreet
Sat Aug 10, 2019 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Mom inheriting variable annuity within IRA from Dad
Replies: 15
Views: 1211

Re: Mom inheriting variable annuity within IRA from Dad

The policy lists the death benefit as just over $374,000. I don't know how this will be paid out, if it will be as cash within the IRA or within the variable annuity. I was going to call Monday to ask some questions. I want to help my mom get this right, so we don't want to make any moves until we ...
by FoolStreet
Sat Aug 10, 2019 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Mom inheriting variable annuity within IRA from Dad
Replies: 15
Views: 1211

Re: Mom inheriting variable annuity within IRA from Dad

My dad just passed away in July at the age of 79. He has a variable annuity within a traditional IRA which was not annuatized (not receiving monthly income). He did get his RMD paid out in May. My mom, also age 79, is the sole beneficiary. My understanding is the best option for her is to rollover ...
by FoolStreet
Sat Aug 10, 2019 12:27 pm
Forum: Personal Investments
Topic: Dropped our advisor--need portfolio review
Replies: 24
Views: 2276

Re: Dropped our advisor--need portfolio review

I don’t see where your 529 accounts are listed or what is in them.
by FoolStreet
Tue Aug 06, 2019 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Relationship mortgage discounts for moving a million assets
Replies: 268
Views: 26004

Re: Relationship mortgage discounts for moving a million assets

Anyone get updated rates in the last few days? Rates just keep dropping! I was quoted 3.125 for 30yr fixed jumbo California with 500k assets moved to BoA. I think we will see 30 year fixed rates go sub-3% soon! Could be fun! Bogleheading has taught me not to time the market, so if I only end up at ...
by FoolStreet
Tue Aug 06, 2019 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Relationship mortgage discounts for moving a million assets
Replies: 268
Views: 26004

Re: Relationship mortgage discounts for moving a million assets

HEDGEFUNDIE wrote:
Tue Aug 06, 2019 6:28 pm
Anyone get updated rates in the last few days? Rates just keep dropping!
I was quoted 3.125 for 30yr fixed jumbo California with 500k assets moved to BoA.
by FoolStreet
Sun Aug 04, 2019 1:37 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 551
Views: 42743

Re: Talk me out of buying a Tesla Model 3

Good; all is well with the forum and humanity knowing that you still hate Model 3. it gives me good feelings that world has not turned upside down. One of these days, I am going to re-read all of these Tesla Model 3 threads in this forum. There were few before this one. Were we ever able to talk an...
by FoolStreet
Fri Aug 02, 2019 8:00 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 551
Views: 42743

Re: Talk me out of buying a Tesla Model 3

matjen wrote:
Thu Aug 01, 2019 10:40 am
Congrats 4nursebee! Even I am tempted by the bargain pricing on the performance spec. Enjoy it.
Who are you?

And what did you do with matjen???

:-)
by FoolStreet
Thu Aug 01, 2019 11:18 am
Forum: Personal Investments
Topic: Muni bonds for CA
Replies: 15
Views: 988

Re: Muni bonds for CA

For your time frame, you might split between CA Intermediate-Term Tax-Exempt and CA Tax-Exempt Money-Market; a 50/50 mix of the two would have the duration of a short-term bond fund. This is a good compromise, I think. I really would like to be in the long-term tax-exempt fund as well, but maybe 2 ...
by FoolStreet
Wed Jul 31, 2019 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: What should I do about my father's stock market speculation/gambling problem?
Replies: 22
Views: 2526

Re: What should I do about my father's stock market speculation/gambling problem?

Was in a similar situation. Without a lot of detail while I'm in a rush, ended up firewalling the house by transferring it out of his name. It was awkward but at least he had a home till he died. One sibling still is grumpy about it. Grumpy to the bank after the house sold, but whatever.
by FoolStreet
Tue Jul 30, 2019 11:07 am
Forum: Personal Consumer Issues
Topic: What's your Uber passenger rating?
Replies: 118
Views: 6031

Re: What's your Uber passenger rating?

After reading this, I'll stick to cabs. I never liked Uber's silly theory that it's not a cab company anyway. And I've no desire to have to worry about the driver's apparently delicate sensibilities. " Oh, no, did I close the door a little too hard ?" " Did I make the right amount of conversation ?...
by FoolStreet
Tue Jul 30, 2019 11:00 am
Forum: Personal Consumer Issues
Topic: Apollo 11 (In Real Time)
Replies: 62
Views: 4883

Re: Apollo 11 (In Real Time)

The greatest Adventure in the History of Humanity. Running Time: 196 hours 21 minutes. As I said earlier, it still gives me tingles 50 years later. the Real Time site is a great contribution to preserving and sharing the legacy. I assume we can come back every year and do it again :sharebeer Thanks...
by FoolStreet
Tue Jul 30, 2019 9:36 am
Forum: Personal Investments
Topic: Tax Free Bonds in Taxable
Replies: 21
Views: 2235

Re: Tax Free Bonds in Taxable

In your tax bracket, I would prefer stocks in an IRA/401(k) and munis in a taxable account, rather than the more common recommendation of bonds in the IRA/401(k) and stocks in a taxable account. (If your taxable account is larger than your target bond allocation, add some US stocks there.) Agreed. ...
by FoolStreet
Mon Jul 22, 2019 9:28 pm
Forum: Personal Consumer Issues
Topic: Apollo 11 (In Real Time)
Replies: 62
Views: 4883

Re: Apollo 11 (In Real Time)

Consider this: 50 years ago, July 1969, man flew to the moon and walked around 50 years before that, July 1919, WWI had just ended, and first transatlantic flight 5 years before that, July 1914, just before WWI started, airplanes were made of wood and canvas. 10 years before that, Dec 1903, first p...
by FoolStreet
Mon Jul 22, 2019 6:00 pm
Forum: Personal Investments
Topic: 529 savings if not used
Replies: 6
Views: 1001

Re: 529 savings if not used

Let's say we contribute around 100K to our kid529 over 10 years. And let's say every year we got state deduct around $300 for that 10k contribution every year. After 10 years total earnings on that account is 7K. So total money in 529 we have 100K+7k=107k Let's say at the end kid doesn't go to coll...
by FoolStreet
Sun Jul 21, 2019 3:23 pm
Forum: Personal Consumer Issues
Topic: Acura RDX vs Audi Q5
Replies: 53
Views: 4732

Re: Acura RDX vs Audi Q5

I had my faithful camry for 13 years now, and I am thinking it is time to change. We have a 16 pilot so do not need a big family vehicle. In the spirit of enjoying life while saving decently (aim for 50% pre-tax and end up around 30% or so), I am looking at going for a luxury car. In addition to a ...
by FoolStreet
Wed Jul 17, 2019 10:02 pm
Forum: Personal Consumer Issues
Topic: Apple Watch Worth The $$$?
Replies: 41
Views: 3610

Re: Apple Watch Worth The $$$?

Dear Friends, Is the new Apple Watch (series 4) worth the money? They are currently on sale on Amazon ($50 off). Things I am looking for: -casual watch -heart rate monitor is a plus as I enjoy exercising (e.g. road biking) -would like to use my phone less Hesitant to buy: -price (on the high side) ...
by FoolStreet
Sat Jul 13, 2019 8:51 am
Forum: Personal Investments
Topic: is Vanguard Flagship service better? (I sure hope so)
Replies: 28
Views: 2979

Re: is Vanguard Flagship service better? (I sure hope so)

adding to the kudos for Flagship. As Mrs Scrapr was in her last days we were trying to get our Trust accounts set up & funded. There were very slight mistakes on the VG accounts in her name. Like an L initial instead of an i. Our Flagship rep was on the phone several times with us over a week. I'm ...
by FoolStreet
Thu Jul 11, 2019 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone inherited a obligation/burden/responsibility?
Replies: 76
Views: 7928

Re: Has anyone inherited a obligation/burden/responsibility?

Father in law just died on Monday. Complexity of his estate is way out of proportion to his net worth. Among the investments is a rental that is owned by an LLC in partnership with his wife. The property manager says the place needs a new roof and tenants are having trouble paying rent. Now she is ...
by FoolStreet
Thu Jul 11, 2019 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone inherited a obligation/burden/responsibility?
Replies: 76
Views: 7928

Re: Has anyone inherited a obligation/burden/responsibility?

Very timely thread. I have inherited a large number of family heirlooms, papers, and photos, many of which have considerable historical value. I've just moved into a larger apt. and moved the boxes in with me (from a storage unit) so that I will be forced to do something with them. My sibling and I...
by FoolStreet
Thu Jul 11, 2019 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone inherited a obligation/burden/responsibility?
Replies: 76
Views: 7928

Re: Has anyone inherited a obligation/burden/responsibility?

My mother died in 2008 nearly $400k in debt; about $300k upside down on her home, $60k in cc debt $40k in unpaid Federal taxes. It took a while but I was able to clean it up, working with her home lender, told the ccs they wouldn't get paid and the Fed debt was so old that it actually expired while...
by FoolStreet
Thu Jul 11, 2019 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone inherited a obligation/burden/responsibility?
Replies: 76
Views: 7928

Re: Has anyone inherited a obligation/burden/responsibility?

Unless the parents do decide to unload them before passing (doubtful), I'm set to inherit 2 timeshares which will be split between myself and two siblings. One of my brothers will appreciate and want this. I doubt the other will want them. I'm perfectly happy just letting first brother have my shar...
by FoolStreet
Thu Jul 11, 2019 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone inherited a obligation/burden/responsibility?
Replies: 76
Views: 7928

Re: Has anyone inherited a obligation/burden/responsibility?

adamthesmythe wrote:
Thu Jul 11, 2019 10:11 am

Note to those writing wills: please do not bequeath indivisible assets to more than one person.
According to "Beyond the Grave," it is better to leave indivisible assets to all siblings in fact, but realistically siblings will sell after you pass.
by FoolStreet
Sun Jul 07, 2019 1:29 pm
Forum: Personal Investments
Topic: Self directed IRA
Replies: 7
Views: 391

Re: Self directed IRA

Step one- you have enough in an IRA to swing your part of the purchase. Step two- find a custodian who will make the investment/hold it for you. Expect to pay for the privilege during this stage make sure you are making an approved transaction. I think you should be ok as I am familiar with a perso...
by FoolStreet
Sun Jul 07, 2019 12:48 am
Forum: Personal Investments
Topic: Roth 401(k) vs. Roth IRA
Replies: 33
Views: 2728

Re: Roth 401(k) vs. Roth IRA

My employer allows after-tax contributions to 401(k) and in-service withdrawals, so that is the process by which I could contribute to a Roth IRA (indirectly, via rollover). I'm over the income limit to directly contribute to a Roth IRA. I'm just trying to figure out whether its worth it to continu...
by FoolStreet
Sun Jul 07, 2019 12:35 am
Forum: Personal Finance (Not Investing)
Topic: Does saving 20% towards retirement starting in your twenties allow you to retire early?
Replies: 144
Views: 14134

Re: Does saving 20% towards retirement starting in your twenties allow you to retire early?

check out this chart at Mr.MoneyMustache: https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/ he shows how quick or long it takes to retirement based on savings rates based on: Assumptions: You can earn 5% investment returns after inflation during your sav...
by FoolStreet
Sun Jul 07, 2019 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Seeking a successor corporate trustee who will perform administrative duties.
Replies: 18
Views: 1190

Re: Seeking a successor corporate trustee who will perform administrative duties.

... Guardianships are cumbersome. If you have someone you trust to whom you can give a power of attorney, that will avoid the need for a guardianship, assuming there's no dispute among the family. Dementia that has comorbidity with paranoia causes the person not to trust other people. A person who ...
by FoolStreet
Sat Jul 06, 2019 5:30 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 551
Views: 42743

Re: Talk me out of buying a Tesla Model 3

This is not a pro or con Tesla post. I am curious if the company will be able to pull itself up and survive, if they will die out, or will their tech be bought by another manufacturer and keep producing the vehicle? Personally I hope they survive or at the very least get bought out by someone big. ...
by FoolStreet
Sat Jul 06, 2019 1:43 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 551
Views: 42743

Re: Talk me out of buying a Tesla Model 3

On our family's recent Boston trip, we stopped in a Tesla store in one of the high shopping areas. It was a fairly large space, in a presumably pricey area for stores, and seemed to have lots of floor space, but for whatever reason, had only a single Tesla on the floor - a model S. Weird - why not ...
by FoolStreet
Fri Jul 05, 2019 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Big Hospital Bill - Any way to negotiate ?
Replies: 130
Views: 8143

Re: Big Hospital Bill - Anyway to negociate ?

Really? That's not my experience. My experience is that they submit the claim to insurance, and the bill is adjusted for insurance rates. Then if you haven't met your deductible, the insurance company pays nothing, so you owe the insurance rate. Then that amount gets applied toward your deductible....
by FoolStreet
Fri Jul 05, 2019 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Big Hospital Bill - Any way to negotiate ?
Replies: 130
Views: 8143

Re: Big Hospital Bill - Anyway to negociate ?

To your point, the idea of an HDHP is to encourage the consumer to pick the lowest cost health care provider while under their deductible. Further, the health care provider can use this initial pre deductible time to charge the max they can, even above rates that they might otherwise negotiate with...
by FoolStreet
Fri Jul 05, 2019 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Big Hospital Bill - Any way to negotiate ?
Replies: 130
Views: 8143

Re: Big Hospital Bill - Anyway to negociate ?

To your point, the idea of an HDHP is to encourage the consumer to pick the lowest cost health care provider while under their deductible. Further, the health care provider can use this initial pre deductible time to charge the max they can, even above rates that they might otherwise negotiate with...
by FoolStreet
Fri Jul 05, 2019 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Big Hospital Bill - Any way to negotiate ?
Replies: 130
Views: 8143

Re: Big Hospital Bill - Anyway to negociate ?

Folks, Recently went to emergency room and now got a 6K hospital bill (after insurance adjustments) meet the deductible Is there any recommendations to negotiate this with the hospital billing dept ? Is it better to not pay and let it go to collections and then negotiate with them ? I could use som...
by FoolStreet
Fri Jul 05, 2019 2:46 am
Forum: Personal Finance (Not Investing)
Topic: Big Hospital Bill - Any way to negotiate ?
Replies: 130
Views: 8143

Re: Big Hospital Bill - Anyway to negociate ?

Folks, Recently went to emergency room and now got a 6K hospital bill (after insurance adjustments) meet the deductible Is there any recommendations to negotiate this with the hospital billing dept ? Is it better to not pay and let it go to collections and then negotiate with them ? I could use som...
by FoolStreet
Thu Jul 04, 2019 11:26 pm
Forum: Personal Investments
Topic: ca muni tax free long or intermediate term?
Replies: 12
Views: 1696

Re: ca muni tax free long or intermediate term?

Happy 4th of July everyone. Considering getting the vanguard ca muni bonds and wondering if the long term is worth the extra risk for the assumed higher return. Also I read that admiral shares are available but I did not find them on the Vanguard web site. tax rate is 24% +9.3% state, either fund w...
by FoolStreet
Thu Jul 04, 2019 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: Big Hospital Bill - Any way to negotiate ?
Replies: 130
Views: 8143

Re: Big Hospital Bill - Anyway to negociate ?

Folks, Recently went to emergency room and now got a 6K hospital bill (after insurance adjustments) meet the deductible Is there any recommendations to negotiate this with the hospital billing dept ? Is it better to not pay and let it go to collections and then negotiate with them ? I could use som...
by FoolStreet
Thu Jul 04, 2019 10:29 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 551
Views: 42743

Re: Talk me out of buying a Tesla Model 3

I rented a Model 3 this week to see what the hype is about. Wow, that is one fun car to drive! I have some major reservations about Tesla the company (mainly about quality and service/support), and the car has some design/feature decisions that make me nervous about owning one long term (power mirr...