Search found 4856 matches

by 123
Mon Aug 19, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: How late in life to buy long term disability at work?
Replies: 2
Views: 186

Re: How late in life to buy long term disability at work?

Since the intention of long term disability benefits is to replace earnings that are lost due to a disability the primary question would be does it matter to you? If could go home today and be "retired" and just rely on social security benefits, potential pensions, other income, and investments then...
by 123
Mon Aug 19, 2019 12:53 am
Forum: Personal Finance (Not Investing)
Topic: Advice on quickly funding an irrevocable trust with IRA annuities
Replies: 10
Views: 528

Re: Advice on quickly funding an irrevocable trust with IRA annuities

bsteiner is one of the participants I read very carefully regarding legal and trust or other inheritance issues, as I believe he is an expert here. So i suggest you reread it carefully. ... +1 It seems like there is a greater financial risk from the "Medicaid planner(s)" to the uncle then there wil...
by 123
Thu Aug 15, 2019 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Survivor Annuity
Replies: 6
Views: 529

Re: Survivor Annuity

None of us knows with certainty who we will be married to, if anyone, at the time we pass. Life sometimes throws a lot of curve balls at you that you cannot anticipate. Not a clear answer I know.
by 123
Thu Aug 15, 2019 3:28 pm
Forum: Personal Consumer Issues
Topic: Neighbor's FIOS cable running over my yard
Replies: 44
Views: 5295

Re: Neighbor's FIOS cable running over my yard

ohai wrote:
Thu Aug 15, 2019 12:26 pm
Maybe just try to turn a lemon into lemonade, and hang some festive lights or other decorations on the cable.
I like this! Maybe hang a sign from it that says "Ugly cable by Verizon". Might get some coverage by local newspaper/TV/social media.
by 123
Wed Aug 14, 2019 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: $34 per year to reduce auto deductible by $500
Replies: 31
Views: 2338

Re: $34 per year to reduce auto deductible by $500

I go with higher deductibles for the convenience of less likelihood of having to deal with the paperwork of filing a claim.

I suspect that any claim, regardless of amount, would have a tendency to raise the cost of insurance. So a higher deductible helps with that as well.
by 123
Wed Aug 14, 2019 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Overwhelmed with Social Security and Medicare Benefits for DM
Replies: 9
Views: 1255

Re: Overwhelmed with Social Security and Medicare Benefits for DM

Options for health insurance can change dramatically once an individual is age 65 and eligible for Medicare. Do not necessarily assume that coverage through her employer is a "better deal" than if were eligible for Medicare and elected a Medicare Advantage or Medigap policy. (However once you enroll...
by 123
Wed Aug 14, 2019 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Need Creative Solutions for Billing Expenses to Renter
Replies: 27
Views: 2317

Re: Need Creative Solutions for Billing Expenses to Renter

There may be state or local regulations about how "shared" utilities are allocated/paid in rental situations.
by 123
Tue Aug 13, 2019 8:47 pm
Forum: Personal Investments
Topic: Mutual fund trades at Schwab free under $99?
Replies: 1
Views: 284

Re: Mutual fund trades at Schwab free under $99?

I have come across this also at Schwab and used it a few times. The occasions I've used it have been for investing small amounts of cash that weren't there when a large trade was done. For example I converted an entire account to a Vanguard fund but there was MMF interest that was posted at the end ...
by 123
Tue Aug 13, 2019 11:28 am
Forum: Personal Investments
Topic: Is this insurance policy a good deal?
Replies: 21
Views: 957

Re: Is this insurance policy a good deal?

If the adult child beneficiary has a disability I can see a potential need for the policy. If the adult child is working, lives on their own, and is capable of accumulating their own retirement savings then the policy would seem to serve little financial purpose.
by 123
Tue Aug 13, 2019 9:26 am
Forum: Personal Investments
Topic: Any reason not to max out three plans?
Replies: 46
Views: 3020

Re: Any reason not to max out three plans?

I agree with the issues of the "tax torpedo" when RMD time arrives. A mix of tax deferred and taxable investments can be a lot easier to manage for the sake of taxes. Having a high balance in tax-deferred accounts is comforting, seductive, and addictive. The true tax cost of contributing to tax-defe...
by 123
Mon Aug 12, 2019 11:37 pm
Forum: Personal Investments
Topic: Can having wealthy parents be a justification for a more aggressive investment strategy?
Replies: 94
Views: 6504

Re: Can having wealthy parents be a justification for a more aggressive investment strategy?

If you do anything in life with the expectation that your parents will bail you out if something goes wrong you still have some growing up to do.
by 123
Mon Aug 12, 2019 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Buying into Ambulatory Surgery Center +/- Real Estate
Replies: 2
Views: 448

Re: Buying into Ambulatory Surgery Center +/- Real Estate

Real estate can be subject to economic cycles independent of the business that operate within them. Healthcare has been good business so far but change seems to be "in the wind". What percentage of your investment assets does this real estate deal represent? How did this investment opportunity come ...
by 123
Mon Aug 12, 2019 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Education Assistance Payback
Replies: 3
Views: 209

Re: Education Assistance Payback

Does the required reimbursement period for certification/training expenses have an expiration date? If you quit 5 years after the training are you still required to pay it back? If you work until age 80 and then up and quit will the repayment requirement still be in force? Some states like Californi...
by 123
Mon Aug 12, 2019 2:34 pm
Forum: Personal Investments
Topic: Life insurance, is it a good deal?
Replies: 35
Views: 1621

Re: Life insurance, is it a good deal?

...She wants to know if it is a good deal... It is a very good deal for at least one person - the insurance salesperson who closes the deal. In life insurance sales it is not unusual for the commission paid to the salesperson to be 50% or more of the first year premium. That varies depending on the...
by 123
Sun Aug 11, 2019 8:27 pm
Forum: Personal Consumer Issues
Topic: Land use for oil
Replies: 12
Views: 1126

Re: Land use for oil

Your children lose a bit of their family heritage if you sell out. For that sake alone I would probably hold onto it. Let them be a part of the "big oil" business. If you do any research into "oil" rights there are a number of different kinds. Some people also own the land, some only the mineral rig...
by 123
Sun Aug 11, 2019 5:53 pm
Forum: Personal Investments
Topic: Strategies for reducing volitility and effort in a taxable account?
Replies: 15
Views: 1156

Re: Strategies for reducing volitility and effort in a taxable account?

You can reduce volatility and effort in a taxable account by simply holding fixed income, like a bond fund, there. If you do that you pay a heavy price by losing the advantage of favorable taxation of taxable gains in stocks. If you want an 80/20 mix you can do that with a Vanguard LifeStategy Growt...
by 123
Sun Aug 11, 2019 4:34 pm
Forum: Personal Investments
Topic: HSBC money management service
Replies: 2
Views: 202

Re: HSBC money management service

That 1% is just the starting point. If you'll pay that they likely know you won't question higher additional fees (and expense rations) in mostly everything else they sell you. Vanguard PAS is only .3% Vanguard probably does a much better job that HSBC, but Vanguard won't take you out to dinner or p...
by 123
Sun Aug 11, 2019 4:21 pm
Forum: Personal Consumer Issues
Topic: Condo pool requires having an attendent on duty
Replies: 25
Views: 2976

Re: Condo pool requires having an attendent on duty

StandingRock wrote:
Sun Aug 11, 2019 3:04 pm
... There have been several reports in the local news about people finding dooky in the pools around here.
Well I learned a new word today.
by 123
Sat Aug 10, 2019 8:27 pm
Forum: Personal Consumer Issues
Topic: Architect for screened porch?
Replies: 11
Views: 1059

Re: Architect for screened porch?

If you haven't done so already you should probably take some drives around your city and area and take photos of house with porches that you find attractive. You may come across a home that had the same issues as yours. After all the first thing architect is going to ask is likely "What's important ...
by 123
Sat Aug 10, 2019 12:28 am
Forum: Personal Finance (Not Investing)
Topic: Are you a "solo ager?"
Replies: 112
Views: 13827

Re: Are you a "solo ager?"

Dude2 wrote:
Fri Aug 09, 2019 8:42 am
Alexa will always be there for me.
As long as you can remember her name.
by 123
Fri Aug 09, 2019 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Condo or SFH for frequently traveling family?
Replies: 15
Views: 1053

Re: Condo or SFH for frequently traveling family?

If you live in a year-round generally warm climate I would lean toward SFH. If you live in a place with "real winters" I would probably opt for a condo since your "outdoor" life may be less. That said in areas like California there are lots of condo developments that are full of detached SFHs with c...
by 123
Thu Aug 08, 2019 10:57 pm
Forum: Personal Consumer Issues
Topic: Budget Rental Cars Left Me Stranded--Prevention ?
Replies: 42
Views: 2569

Re: Budget Rental Cars Left Me Stranded--Prevention ?

I've had this happen twice when I went to pick up "reserved" vehicles, both times with Hertz. After deplaning in Maui Hertz said they were out of cars and that I would just have to wait until one was available (took about half an hour). Another time at Burbank my assigned vehicle space was empty, th...
by 123
Thu Aug 08, 2019 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Ideas for Little Charges to keep Cards active
Replies: 87
Views: 4431

Re: Ideas for Little Charges to keep Cards active

amazon balance reload. Hit them for $1 each every now and then. Some creditors will cancel the debt. +1 I really like this idea. You can sit down once or twice a year and do a bunch of small amount reloads to Amazon (or any other online account) that you would use in your normal activities. Easy pe...
by 123
Thu Aug 08, 2019 2:36 pm
Forum: Personal Investments
Topic: Rollover to Vanguard or Fidelity?
Replies: 32
Views: 1894

Re: Rollover to Vanguard or Fidelity?

While it can't hurt to give Vanguard a try it's likely worth it to consolidate things at Fidelity if you hold other accounts there. You can just use the Fidelity equivalents of Vanguard funds and likely get pretty much similar results. The purchase fees at Schwab and Fidelity are high (around $75) f...
by 123
Wed Aug 07, 2019 11:03 pm
Forum: Personal Consumer Issues
Topic: Amazon delivery
Replies: 17
Views: 1606

Re: Amazon delivery

Had the same experience as well. Have had delivery a couple of times on some very common orders in less than 12 hours (ordered in late evening and they arrived the next morning), these were Prime 2 day delivery items, we didn't pay extra for next day delivery. Our regular deliveries are pretty consi...
by 123
Wed Aug 07, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a graduate data science job offer, or doing a MSc in Statistics
Replies: 34
Views: 2122

Re: Taking a graduate data science job offer, or doing a MSc in Statistics

Take the job. If you go back to school later the work experience will make the subsequent education more valuable. Perhaps your employer will help to pay for that next degree if they want you to have it.
by 123
Wed Aug 07, 2019 2:56 pm
Forum: Personal Consumer Issues
Topic: Soil erosion, rain runoff— major concern or no?
Replies: 17
Views: 1263

Re: Soil erosion, rain runoff— major concern or no?

Can you readily determine the source of the runoff water? If the house lacks rain gutters the remedy and resolution of the problem may be readily apparent. If the source of the water runoff is from the ground and/or adjacent properties some thoughtful hardscaping may be appropriate. Perhaps the curr...
by 123
Mon Aug 05, 2019 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: How does Section 8 Housing work?
Replies: 13
Views: 1430

Re: How does Section 8 Housing work?

Section 8 housing is a program operated by the Department of Housing and Urban Development. General information about section 8 is located here: https://www.hud.gov/topics/housing_choice_voucher_program_section_8 A lot of specific information is dependent on the specific public housing agency (PHA) ...
by 123
Sun Aug 04, 2019 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Lots of changes at work. How best to proceed?
Replies: 9
Views: 1234

Re: Lots of changes at work. How best to proceed?

I don't work in sales but a consultant entering the picture is usually a "kiss of death" I would start looking. +1 The only reason from bringing a consultant in is for expertise the organization doesn't have (or to shoulder blame). If management feels that way about their own staff (and the results...
by 123
Sun Aug 04, 2019 4:52 pm
Forum: Personal Investments
Topic: Question about Schwab changes
Replies: 19
Views: 1975

Re: Question about Schwab changes

I've had Schwab for 20+ years (Fidelity as well). I've found the best response to the inquiries offering assistance is to politely say that you prefer to do things on your own using Vanguard funds and ETFs but that if you feel the need for assistance or have any questions in the future you will cont...
by 123
Sun Aug 04, 2019 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Appealing property tax assessment
Replies: 19
Views: 1321

Re: Appealing property tax assessment

I did an appeal on a property tax assessment a few years ago. Keep in mind the "as of" date for the assessment when you present things. It was simply a matter of presenting comparable sales data for similar properties and discussing how they were applicable. In my case it was a condo in a large buil...
by 123
Sun Aug 04, 2019 3:49 pm
Forum: Personal Consumer Issues
Topic: How many Years of Medical History/Records should a Patient Save?
Replies: 60
Views: 2792

Re: How many Years of Medical History/Records should a Patient Save?

While HIPAA seems to require at least six years The Doctors Company, which insurers physicians for malpractice seems to suggest much longer periods. https://www.thedoctors.com/articles/medical-record-retention/ My personal opinion is that if you have a chronic or continuing condition maybe indefinat...
by 123
Sat Aug 03, 2019 9:02 pm
Forum: Personal Consumer Issues
Topic: How can I get a good room when I check into a hotel I booked online?
Replies: 30
Views: 2983

Re: How can I get a good room when I check into a hotel I booked online?

Recently when I was on an out-of-town project I booked through hotels.com and saw one motel that was in a good location but was a smaller family owned virtually no-name motel. When I checked-in they recognized me as a new customer. They gave me a very nice room. When I checked out they advised me th...
by 123
Fri Aug 02, 2019 10:03 am
Forum: Personal Consumer Issues
Topic: luxury vehicle: what income/asset range
Replies: 75
Views: 4559

Re: luxury vehicle: what income/asset range

A luxury vehicle for personal use is fine when it is paid for with cash (no financing) and it does not diminish the emergency fund and does not impact taxable or tax-deferred investments and does not impact the payment of regular recurring expenses.
by 123
Thu Aug 01, 2019 11:53 pm
Forum: Personal Investments
Topic: Allocation of various accounts in retirement
Replies: 4
Views: 520

Re: Allocation of various accounts in retirement

Congratulations on having a good balance between taxable and tax deferred. Just a reminder that generally you want to put fixed income/bonds in tax deferred and equities in taxable. If you put equities/stocks in tax deferred you lose the advantages of capital gains tax treatment since all distributi...
by 123
Thu Aug 01, 2019 10:04 pm
Forum: Personal Consumer Issues
Topic: Wood Kitchen Counter Tops
Replies: 23
Views: 1803

Re: Wood Kitchen Counter Tops

Wooden kitchen counter tops can be really great as long as you don't use your kitchen. Even if you find them acceptable a potential future buyer of your home likely will not feel the same way.
by 123
Thu Aug 01, 2019 9:31 pm
Forum: Personal Investments
Topic: Another when to claim non-cola pension question
Replies: 4
Views: 634

Re: Another when to claim non-cola pension question

You should check the lump-sum calculation notice to see if it references (usually) 3 different interest rates for different periods that are established by the IRS. Many lump-sum calculations use a formula that relies on interest rates established (and regularly updated) by the IRS. The lump-sum alt...
by 123
Thu Aug 01, 2019 10:29 am
Forum: Personal Consumer Issues
Topic: Windows 10 - May 2019 Update (1903)
Replies: 44
Views: 4090

Re: Windows 10 - May 2019 Update (1903)

I installed the May 2019 Update (1903) on two Windows 10 Pro desktops last night, pretty much without incident. Both machines were 5 years of age or less. Process took about 2 hours on each desktop. During the final parts of the update there were, I think, 10 or more automatic restarts as the instal...
by 123
Wed Jul 31, 2019 2:26 pm
Forum: Personal Investments
Topic: Fidelity ZERO funds now available via BrokerageLink
Replies: 20
Views: 1713

Re: Fidelity ZERO funds now available via BrokerageLink

I think Fidelity ZERO funds were an excellent move by Fidelity to keep their customers. The funds prospectus indicates that they are only available through Fidelity so you can't get them elsewhere. So if you want to move a taxable account with a position in a Fidelity ZERO fund you would have to sel...
by 123
Wed Jul 31, 2019 11:55 am
Forum: Personal Consumer Issues
Topic: Car Repair Question
Replies: 29
Views: 2132

Re: Car Repair Question

A good air conditioning shop is far better and cheaper than a dealer usually. +1 An excellent suggestion. An automotive air conditioning shop is likely the best choice even over an independent repair garage because of their expertise in air conditioning. They may consider options, like a used syste...
by 123
Wed Jul 31, 2019 9:27 am
Forum: Personal Investments
Topic: Passing assets to our children
Replies: 9
Views: 703

Re: Passing assets to our children

The strongest argument for delaying the passing of assets till after your death is that keeps them available for your potential needs throughout your lifetime. Things like assisted living situations and nursing care can be very expensive. If you've given the assets away to others, such as your child...
by 123
Tue Jul 30, 2019 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance Payout
Replies: 1
Views: 192

Re: Life Insurance Payout

Either 1 or 2. Be aware of FDIC account insurance limits it that is an issue. It's her money and should be in her account. No reason to leave it with the insurance company for them to make money off of.
by 123
Tue Jul 30, 2019 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Ethics of "bonus payback" when quitting a job
Replies: 157
Views: 9702

Re: Ethics of "bonus payback" when quitting a job

He should review the terms of his contract. It sounds he had an individual employment contract rather than being a member employee in a negotiated union contract. Due to the potential tax issues that complicate such a situation I would hesitate to repay it until the company came calling for it. They...
by 123
Tue Jul 30, 2019 12:34 am
Forum: Investing - Theory, News & General
Topic: Selling coin collection?
Replies: 34
Views: 2773

Re: Selling coin collection?

The fastest way is to locate the nearest Coinstar machine.
by 123
Mon Jul 29, 2019 6:09 pm
Forum: Personal Investments
Topic: Tax Strategies After Selling Business - 2 Million to Invest
Replies: 1
Views: 363

Re: Tax Strategies After Selling Business - 2 Million to Invest

An OP remark from a previous thread: ...We DO NOT have any 401K or Roth-IRA accounts... You may want to explore Roth IRA accounts (for you and spouse) to shield contributions from further taxes forever. Roth IRA account eligibility would depend on the amount of self-employment earnings for 2019. You...
by 123
Mon Jul 29, 2019 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Requesting real-estate advice--first-time homebuyer in a peculiar quandary thanks, ironically, to father's beneficence
Replies: 37
Views: 2702

Re: Requesting real-estate advice--first-time homebuyer in a peculiar quandary thanks, ironically, to father's beneficen

The biggest risk in these kind of situations is a divorce, from either your current spouse or a future spouse. If it's a loan there's some chance of holding onto the some of the funds if the property is sold in divorce proceedings. If the money is just a gift to you and likely gets converted to comm...
by 123
Fri Jul 26, 2019 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone ever used the 60 day rollover from their IRA?
Replies: 22
Views: 1243

Re: Has anyone ever used the 60 day rollover from their IRA?

How will you pay the taxes if you aren't able to complete the redeposit of the rollover funds in the 60 days? Are you holding those funds in reserve or will you have to sell the new house at a fire sale price?
by 123
Fri Jul 26, 2019 7:39 pm
Forum: Investing - Theory, News & General
Topic: Is getting a home to airbnb a good investment?
Replies: 18
Views: 2057

Re: Is getting a home to airbnb a good investment?

Sometimes the biggest issue will be local zoning laws and regulations regarding renting accommodations. Some areas sharply restrict property owners from short-term rentals, others may have licensing requirements as well as taxation provisions (sales and/or hotel/visitor tax). Local governments can t...
by 123
Fri Jul 26, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Weed clearing: Landlord vs. tenant responsibility?
Replies: 50
Views: 4233

Re: Weed clearing: Landlord vs. tenant responsibility?

I grew up in an area where this requirement was common since residential properties were usually on 1 to 10 acre parcels. Due to the climate it was strictly a weed abatement issue to reduce fire hazards, there was no hay that could be harvested etc. The fire department, after a drive-by inspection, ...
by 123
Fri Jul 26, 2019 2:14 pm
Forum: Personal Consumer Issues
Topic: Gas Stove
Replies: 23
Views: 1410

Re: Gas Stove

Others may differ with me on this but the best gas stoves are the ones with pilot lights and the only reason for an electric connection is for the clock. I don't think they've made any new ones like that for maybe 30 - 40 years. The more electronics you have on a gas stove the higher the chance the ...