Search found 1249 matches

by Gnirk
Thu Jun 25, 2020 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: How to ensure POA is acting in best interest of grantor?
Replies: 73
Views: 4968

Re: How to ensure POA is acting in best interest of grantor?

OP, I am so sorry you are going through this. I have been on both sides of this equation: I had an aunt (Aunt B) who was DPOA for her sister (Aunt A), who was quite wealthy, and Aunt B managed to syphon away and hide all of Aunt A's assets by the time she passed away (it was a short illness, with ve...
by Gnirk
Sat Jun 20, 2020 2:40 pm
Forum: Personal Consumer Issues
Topic: Really hard to avoid "Keeping up with the Joneses"!
Replies: 282
Views: 29172

Re: Really hard to avoid "Keeping up with the Joneses"!

My parents never believed in "keeping up with the Joneses"; I've never believed in "keeping up with the Joneses". I was taught to live below my means, my mom showed me how to dress well and save money by purchasing nice, gently used clothing (and furniture) at thrift stores. LBYM saved me when I got...
by Gnirk
Fri Jun 19, 2020 12:26 am
Forum: Personal Consumer Issues
Topic: Sellers agent not letting me view property without preapproval or "proof of finances"
Replies: 189
Views: 10374

Re: Sellers agent not letting me view property without preapproval or "proof of finances"

In our area, a buyers pre-approval from their lender is required by most sellers when an offer is written up, and our cash purchases have had proof of funds required when the offer is placed, but not before. Unless it’s a sellers market, don’t do it if you aren’t comfortable.
by Gnirk
Wed Jun 17, 2020 9:07 pm
Forum: Personal Investments
Topic: USAA to Charles Schwab - not happy
Replies: 43
Views: 3437

Re: USAA to Charles Schwab - not happy

I thought Schwab was commission free? Am I incorrect in thinking that I can buy a Vanguard fund through Schwab without fees? USAA transferred my inherited brokerage account to Schwab which contains a USAA tax-exempt muni fund, so I looked into buying a Vanguard fund at Schwab, and they charge $49.9...
by Gnirk
Mon Jun 15, 2020 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: best way to give away a table saw
Replies: 53
Views: 3206

Re: best way to give away a table saw

You can list it on Facebook Marketplace if you're on Facebook, or Buy Nothing website for your area. Both of my daughters give their big stuff away (furniture, garden pots, etc) through these websites. The "buyer" doesn't receive any personal information about you, except where to pick up the item. ...
by Gnirk
Thu Jun 11, 2020 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 1.25% to 1.10%
Replies: 69
Views: 7027

Re: Ally Bank savings interest rate dropping from 1.25% to 1.10%

I opened 3 unfunded NP CDs too. I think I have 10 days to fund them. I should probably do this tonight before they drop the rate tomorrow. Can you keep adding more during the 10 days or is it a 1 time fund and you are done. Can they drop the NPCD rate without a heads-up? I mean they told people tod...
by Gnirk
Tue Jun 09, 2020 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Transfer title of auto to son -- necessary?
Replies: 40
Views: 2389

Re: Transfer title of auto to son -- necessary?

I believe that "kids" need to be responsible for their car maintenance, licensing and insurance after they are out of high school. When my daughter took her car to college her sophomore year, the car was licensed and insured in her name. She was responsible for the car's maintenance, licensing, fuel...
by Gnirk
Tue Jun 09, 2020 1:31 pm
Forum: Personal Consumer Issues
Topic: Can I salvage this suitcase?
Replies: 38
Views: 2414

Re: Can I salvage this suitcase?

OP, you've received some great suggestions for cleaning it. Personally, there is no way I would keep/use that suitcase. I'd bite the bullet and buy a new one. They aren't that expensive if you go to Marshall's or TJ Maxx, and you can buy some nice brands. Or Costco.
by Gnirk
Thu Jun 04, 2020 12:20 pm
Forum: Personal Investments
Topic: Planning for after death of a parent
Replies: 17
Views: 1948

Re: Planning for after death of a parent

Yes, have her set up the accounts as TOD, with you as the beneficiary. You can still manage her accounts on Vanguard by having her designate you as her authorized agent. I am an authorized agent on both my husband's and my daughter's accounts. She can also set up her savings accounts/CD's with you a...
by Gnirk
Tue Jun 02, 2020 3:18 pm
Forum: Personal Consumer Issues
Topic: Home Defense against the Horde
Replies: 38
Views: 2285

Re: Home Defense against the Horde

As my dad told me, when I became a single mom after my divorce: if someone tries to enter your home against your will, they certainly don’t have your best interest at heart. He advised me to get a double-barreled shotgun, And taught me how to use it. If someone tries to break into the house, hold th...
by Gnirk
Tue Jun 02, 2020 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: is a shorter commute worth the extra cost?
Replies: 30
Views: 1735

Re: is a shorter commute worth the extra cost?

quantAndHold wrote:
Tue Jun 02, 2020 2:16 pm
Oh. Wait. This is in Seattle?

I would pay any price they ask to not have to cross a bridge to get to work.

If you’re talking about Amazon, just find a place in Queen Anne and be done with it.

You’ll thank me later.
:thumbsup
by Gnirk
Tue Jun 02, 2020 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: is a shorter commute worth the extra cost?
Replies: 30
Views: 1735

Re: is a shorter commute worth the extra cost?

Is that 45 minutes one-way or round trip. If it saves you 45 minutes one-way during heavy traffic, I think it's worth it. Sometimes time is more valuable than $$. Especially when your kids are young.
by Gnirk
Sat May 30, 2020 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Issue with Dividends after USAA-Schwab transfer
Replies: 4
Views: 410

Re: Issue with Dividends after USAA-Schwab transfer

Thanks, I'll be patient (although its not one of my strong suits....which is why I have MFs instead of ETFs).
by Gnirk
Sat May 30, 2020 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Issue with Dividends after USAA-Schwab transfer
Replies: 4
Views: 410

Issue with Dividends after USAA-Schwab transfer

I hold all my investments at Vanguard except one account, which was held at USAA. I inherited this taxable account that held one fund: USTEX (long term tax exempt fund). I retained the account at USAA. Schwab purchased the USAA brokerage account, so my account was transferred to Schwab. All is well ...
by Gnirk
Sat May 23, 2020 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: What do people spend money on?
Replies: 52
Views: 5147

Re: What do people spend money on?

Our income was never anywhere near yours, but we had more than most people we knew. We are now retired, and continue to live below our means. My DH also grew up poor, so his focus on savings comes from that. Over the years I've found that most of the time when I really (think) I want something, and ...
by Gnirk
Tue May 19, 2020 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Considerations: Marriage in your 50s/60s
Replies: 23
Views: 1865

Re: Financial Considerations: Marriage in your 50s/60s

Second marriage, upcoming 25th anniversary. I was 50 and he was 56 when we married. There was a big difference in incomes and net worth, and we each have two children, so we had a prenuptial agreement. We kept our finances separate, and still do. HIs portfolio is more than 3 times mine, and he does ...
by Gnirk
Sun May 17, 2020 2:59 pm
Forum: Personal Consumer Issues
Topic: How to gift to your kids ?
Replies: 8
Views: 1296

Re: How to gift to your kids ?

My DH gifts $15k per year to his son and his daughter; that is not likely to increase. He has also gifted $10k to each of the four granddaughters on their 16th birthday to help buy them a good used car. He helps with their college expenses as well. Gifting doesn’t come naturally to him, but I’ve fin...
by Gnirk
Thu May 14, 2020 8:19 pm
Forum: Personal Consumer Issues
Topic: What to do with canned chicken?
Replies: 45
Views: 3367

Re: What to do with canned chicken?

Chicken Pot Pie
Chicken and Dumplings
Curried chicken salad with grapes, almonds, chicken, raisins, celery.
"pulled" chicken sandwiches with BBQ sauce
Chicken Enchiladas
by Gnirk
Thu May 14, 2020 1:54 am
Forum: Personal Finance (Not Investing)
Topic: Family member returning borrowed money?
Replies: 27
Views: 3098

Re: Family member returning borrowed money?

My DH gifts his adult kids $15, 000 per year by check. No problems have come up. DH? How old are the kids? How many? Just curious and jealous 😊 Dear Husband is 81 and I encouraged him to gift his son and daughter money now ( they are mid-late 50’s) when they can use a little extra, rather than inhe...
by Gnirk
Wed May 13, 2020 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Family member returning borrowed money?
Replies: 27
Views: 3098

Re: Family member returning borrowed money?

My DH gifts his adult kids $15, 000 per year by check. No problems have come up.
by Gnirk
Wed May 13, 2020 1:14 pm
Forum: Personal Consumer Issues
Topic: What are your alternative plans this summer if it was travel?
Replies: 65
Views: 5424

Re: What are your alternative plans this summer if it was travel?

We had two trips planned, one to Alaska the last week of May, and one to Hawaii in late June. Now we have no plans, other than hopefully resuming our pre-covid 19 life. DH wants to do a road trip through Montana and the Dakotas, and I'm not for it until this pandemic is GONE! I don't relish staying ...
by Gnirk
Wed May 13, 2020 12:58 pm
Forum: Personal Consumer Issues
Topic: Is anyone on the road?
Replies: 35
Views: 4081

Re: Is anyone on the road?

We drove from the Palm Springs area to our home in Washington state March 25th. DH and I are up there in age, and he has underlying conditions, so we are very careful about anti-covid 19 protocol. We brought disposable gloves, sanitizing wipes, and Lysol spray with us. Some things to consider: Restr...
by Gnirk
Wed May 13, 2020 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Broke mother-in-law retiring due to COVID-19
Replies: 54
Views: 6602

Re: Broke mother-in-law retiring due to COVID-19

Getting her debt under control should be a priority. There are non-profit credit counselors who will work with her to negotiate low or no interest with cc companies. Note I said “non-profit”. You can find out more info on this website: www.consumer.ftc.gov From what I remember of the Great Recessio...
by Gnirk
Wed May 13, 2020 12:46 am
Forum: Personal Finance (Not Investing)
Topic: Broke mother-in-law retiring due to COVID-19
Replies: 54
Views: 6602

Re: Broke mother-in-law retiring due to COVID-19

Getting her debt under control should be a priority. There are non-profit credit counselors who will work with her to negotiate low or no interest with cc companies. Note I said “non-profit”. You can find out more info on this website: www.consumer.ftc.gov
by Gnirk
Mon May 11, 2020 7:08 pm
Forum: Personal Consumer Issues
Topic: Hospice care - room and board
Replies: 33
Views: 2611

Re: Hospice care - room and board

Oh, Dottie. I am so sorry. It's heartbreaking to lose our moms, no matter the circumstances. (((hugs)))
by Gnirk
Mon May 11, 2020 6:31 pm
Forum: Personal Investments
Topic: Ally Bank 1.25% savings .50 Moneymarket
Replies: 26
Views: 3690

Re: Ally Bank 1.25% savings .50 Moneymarket

Jack FFR1846 wrote:
Mon May 11, 2020 3:03 pm
Interesting.

The rates page still shows 1.5%. Logging in, my rate is shown as 1.5%.
As does mine. However, I received the same email notification about the rate change to 1.25% effective 5/12/2020 about an hour ago. :annoyed
by Gnirk
Mon May 11, 2020 1:47 am
Forum: Personal Consumer Issues
Topic: Has Your Spending Changed Since The Shutdown?
Replies: 180
Views: 6957

Re: Has Your Spending Changed Since The Shutdown?

Our spending on gas is way down because we just aren't driving much. My spending on groceries is up, because we frequently dine out under normal circumstances. Now it seems like all I do is plan meals, cook and clean up the kitchen between meals! (yes, I've been spoiled, but my DH considers dining o...
by Gnirk
Sat May 09, 2020 1:25 pm
Forum: Personal Consumer Issues
Topic: Rocks or Mulch?
Replies: 37
Views: 2050

Re: Rocks or Mulch?

I vote for Vinca Minor...great ground cover and grows 4" to 6" high. The only problem is that sometimes grass grows through it but you could use a weed-whacker to keep it down, or pull it if you're so inclined. We've used several ground covers, including Cotoneaster which can get out of hand, and cr...
by Gnirk
Thu May 07, 2020 9:50 pm
Forum: Personal Consumer Issues
Topic: Hospice care - room and board
Replies: 33
Views: 2611

Re: Hospice care - room and board

Dottie57: I'm so sorry to hear you are at this point in caring for your mom. When I had to move my mom into a care home due to her Alzheimer's, her CPA deducted the entire cost (I believe subject to the 7% rule at the time) as Long Term Care expenses. She was there 6 years before she needed Hospice,...
by Gnirk
Tue May 05, 2020 1:03 pm
Forum: Personal Investments
Topic: Tell me what I don't know about retirement?
Replies: 55
Views: 4976

Re: Tell me what I don't know about retirement?

Retirement: Have a plan for activities or hobbies to take up some of the time you've been spending at work. Make a budget for hobbies and travel, if you plan on doing more travel than before. If you are 65, make sure you have a Medicare Part D plan to cover prescriptions. Personally, we have both Me...
by Gnirk
Sun Apr 19, 2020 11:07 am
Forum: Personal Finance (Not Investing)
Topic: What factors influenced you to maintain a perpetual mortgage balance on your primary residence?
Replies: 28
Views: 2315

Re: What factors influenced you to maintain a perpetual mortgage balance on your primary residence?

TomatoTomahto wrote:
Sat Apr 18, 2020 4:41 pm
We have had perpetual mortgage balances on our two homes. The balance is $0.

I understand that a mortgage is a hedge against inflation, but I prefer to owe nothing.
+1
by Gnirk
Mon Apr 13, 2020 7:22 pm
Forum: Personal Consumer Issues
Topic: So what are you cooking
Replies: 297
Views: 18509

Re: So what are you cooking

We are grilling Alaskan Cod on the BBQ for fish tacos tonight.
by Gnirk
Sun Apr 12, 2020 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone own a 2nd home/vacation home?
Replies: 7
Views: 1066

Re: Does anyone own a 2nd home/vacation home?

Yes, we have a second home, where we now spend a bit less than 6 months per year. Age when we bought: 55/61 Current age: 75/81 Price paid: $238,000 Terms: Cash Annual maintenance, HOA dues, Insurance, Utilities: $10,000 per year currently. Rented: No way. Please note we waited until our retirement s...
by Gnirk
Fri Apr 10, 2020 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Wealth Preservation With Decades of Institutional Care
Replies: 69
Views: 3559

Re: Wealth Preservation With Decades of Institutional Care

Most Long term Care insurance policies now have limitations in both dollar amounts and time. For example, my widowed mom's LTC policy paid $XXX per day for four years. It didn't pay to her private care home, but was a policy that paid directly to her on a monthly basis. The payments fully covered he...
by Gnirk
Mon Apr 06, 2020 1:04 am
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 282
Views: 33233

Re: What have you baked recently?

From scratch turkey pot pie and pumpkin pecan cake.
by Gnirk
Sat Apr 04, 2020 9:39 pm
Forum: Personal Investments
Topic: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently
Replies: 112
Views: 11115

Re: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently

Retired. 75yo. Desired AA 35/55/10, but is now 30/60/10. Over 90% is taxable. Total portfolio is down 12.5% from the high. And......I'm not doing anything with my portfolio at this point. I'm thankful we have a comfortable, paid-off home, no debt, and we have enough $$ not to worry too much other th...
by Gnirk
Wed Apr 01, 2020 10:05 pm
Forum: Personal Investments
Topic: Anyone here depressed just looking at their portfolio?
Replies: 122
Views: 7431

Re: Anyone here depressed just looking at their portfolio?

75/81 and retired since 1/2007. Yes, I find it depressing and unsettling to see our portfolios going down the toilet. Glad some of you think it's awesome. But we're just going to hang in there and hope it recovers while we're still on this side of the grass.
by Gnirk
Tue Mar 31, 2020 11:45 pm
Forum: Investing - Theory, News & General
Topic: What is your age/AA during this crisis?
Replies: 138
Views: 6486

Re: What is your age/AA during this crisis?

I'm 75, and married (DH is 81). I am a conservative investor and retired since Jan 1, 2007. My husband and I have separate portfolios, with different asset allocations and beneficiaries as this is a second marriage. Nearly all of my portfolio is in taxable. My asset allocation was set at 35/55/10 bu...
by Gnirk
Sun Mar 29, 2020 6:12 pm
Forum: Personal Consumer Issues
Topic: Are you still going to the grocery store or using a delivery service? Which?
Replies: 329
Views: 24455

Re: Are you still going to the grocery store or using a delivery service? Which?

Currently going to the grocery store: put on protective gloves as soon as I get out of the car. Shop, keeping as much distance between others as I can, but still smiling and saying good morning to them. Take off and dispose of the protective gloves before I get back in the car. Wipe hands with sanit...
by Gnirk
Sun Mar 29, 2020 6:03 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 193371

Re: POTUS just announced he'll be extending stay-at-home guidelines until April 30.

If it saves lives, I'm in (literally).
by Gnirk
Sat Mar 28, 2020 6:52 pm
Forum: Personal Consumer Issues
Topic: What will you do first, once COVID pandemic is over?
Replies: 271
Views: 17378

Re: What will you do first, once COVID pandemic is over?

Get together with our families!
by Gnirk
Fri Mar 27, 2020 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: How are you going to use your stimulus money?
Replies: 222
Views: 12798

Re: How are you going to use your stimulus money?

We won't get one, being retired with ample income. However, if for some reason I should receive a check, I will cash it and donate it or give it directly to someone who needs it far more than i do.
by Gnirk
Sat Mar 21, 2020 5:42 pm
Forum: Personal Consumer Issues
Topic: So what are you cooking
Replies: 297
Views: 18509

Re: So what are you cooking

I haven’t cooked this much in years! DH considers dining out his entertainment, so we usually go out to dinner 3 or 4 nights/week. Currently on lockdown in California in our snowbird home. I’ve made ham and scalloped potatoes; ham and bean soup with cornbread; roasted chicken with all the appropriat...
by Gnirk
Wed Mar 18, 2020 10:46 am
Forum: Investing - Theory, News & General
Topic: Anybody else hoping for stocks to plummet?
Replies: 20
Views: 1135

Re: Anybody else hoping for stocks to plummet?

This recent correction has finally brought asset prices back down to earth. As a young investor, this could be a once in a lifetime buying opportunity. The current situation is dark, but the silver lining is that assets will be really cheap if this turns into a depression. I bought stocks (VTI, VWO...
by Gnirk
Mon Mar 16, 2020 12:14 pm
Forum: Personal Consumer Issues
Topic: Are you in the mood to buy anything?
Replies: 62
Views: 5038

Re: Are you in the mood to buy anything?

Nope. Other than groceries, when I can find them.
by Gnirk
Fri Mar 13, 2020 7:21 pm
Forum: Investing - Theory, News & General
Topic: Everything is being cancelled / shutting down
Replies: 13
Views: 1909

Re: Everything is being cancelled / shutting down

Nothing in the Coachella Valley is going on (Palm Springs, CA area). BNP Paribas tennis tournament, Coachella Music Fest, Stagecoach, ANA Golf tournament, etc. All canceled. Very heavy hit to the local economy.
by Gnirk
Thu Mar 12, 2020 4:56 pm
Forum: Investing - Theory, News & General
Topic: Before/today and next plan with what you have
Replies: 6
Views: 529

Re: What U had/What u have/ What U r doing now

Retired for 13 years, age a bit over 75, “normal” asset allocation is 35/55/10. Doing nothing.
by Gnirk
Thu Mar 12, 2020 4:51 pm
Forum: Investing - Theory, News & General
Topic: NCAA cancels March Madness tournaments
Replies: 51
Views: 2541

Re: NCAA cancels March Madness tournaments

My DH is extremely disappointed; he’s a die-hard Gonzaga fan and says they could have played without audiences and just televised it.
by Gnirk
Thu Mar 12, 2020 4:39 pm
Forum: Personal Investments
Topic: How many people with 7 figure portfolios are”rejoicing ?”
Replies: 169
Views: 14287

Re: How many people with 7 figure portfolios are”rejoicing ?”

There is no rejoicing here. We are a mid-70’s and early-80’s retired couple, what’s to rejoice? :shock: