Search found 2707 matches

by 123
Thu Jan 18, 2018 8:31 pm
Forum: Investing - Theory, News & General
Topic: Non profit endowment/Vanguard LifeStrategy Fund
Replies: 2
Views: 282

Re: Non profit endowment/Vanguard LifeStrategy Fund

If the LifeStrategy Fund meets the requirements of your existing IPS maybe you don't need to do anything. Its the difference between buying the ingredients for a cake versus buying a cake mix. Your IPS could itemize the characteristics you found in the LifeStrategy fund, i.e. percent in equity, bond...
by 123
Thu Jan 18, 2018 7:29 pm
Forum: Personal Consumer Issues
Topic: I got a Roomba and think you should too
Replies: 34
Views: 2696

Re: I got a Roomba and think you should too

quantAndHold wrote:
Thu Jan 18, 2018 3:17 pm
A Roomba is cool, but what I really need is something that cleans the kitchen and bathrooms by itself.
And maybe they could add some attachements to clean toddlers, dogs, and the cars while they're at it.
by 123
Wed Jan 17, 2018 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 88
Views: 4772

Re: To the doctors on the forum

We recently has Anthem BlueCross BlueShield coverage. They had a website that gave their negotiated prices for various services and procedures at a variety of places so you could shop around. You had to sign-in so they knew what plan to show prices for. For example a simple blood test that was $45 a...
by 123
Wed Jan 17, 2018 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Deceased mother's Financial Advisor wants $500+ to convert to bene IRA
Replies: 31
Views: 2312

Re: Deceased mother's IRA co wants $500+ to convert to bene IRA

What % of your inheritance is it? Sometimes it is worth it to just pay and get it done after checking what you can. I would be sure to mention the name of the company at some point; maybe getting even is worth it. +1 I would pay it just to get it done and move on. Some of the post is unclear about ...
by 123
Wed Jan 17, 2018 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Federal pension Vs Higher salary + 401k savings plan
Replies: 31
Views: 2428

Re: Federal pension Vs Higher salary + 401k savings plan

Though I've done well with my career and investments I have friends from high school that worked their entire careers in the public sector, either school systems, local governments, or civil service. Perhaps they didn't have as stimulating and interesting career as I am having but their retirement b...
by 123
Wed Jan 17, 2018 5:59 pm
Forum: Investing - Theory, News & General
Topic: What to adjust now if not leaving a legacy?
Replies: 10
Views: 729

Re: What to adjust now if not leaving a legacy?

If you've got a substantial portfolio maybe there is not reason to take any risk with an equity position. If you've won the game why take risk. That said you likely need some stock position as an inflation hedge, maybe 20%.
by 123
Wed Jan 17, 2018 5:56 pm
Forum: Personal Consumer Issues
Topic: Range Hood Blower Sizing
Replies: 16
Views: 525

Re: Range Hood Blower Sizing

As an previous poster indicated noise is a far bigger factor long-term than having a higher volume of air. If you kitchen is near living areas, like a dining room or TV room some of the exhaust fan noise can be very irritating. From what I've heard it's much more difficult/expensive to make a lower ...
by 123
Wed Jan 17, 2018 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Did I Pay California too Much in Taxes?
Replies: 5
Views: 538

Re: Did I Pay California too Much in Taxes?

If you changed your address with your employer promptly it's possible that state taxes withheld after your move were collected on behalf of another state. I believe the W-2 will itemize the amounts by state, pending receipt of your W-2 many pay stubs will identify what state any taxes were withheld ...
by 123
Tue Jan 16, 2018 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Book Suggestions
Replies: 14
Views: 902

Re: Book Suggestions

Maybe it's time to mix things up and put a $100 bill in some other kind of gift next year. Kids can get jaded fast and ignore gifts that they might seem to repetitive. They might find the first book gift okay, two in a row not so much.
by 123
Tue Jan 16, 2018 4:07 pm
Forum: Personal Consumer Issues
Topic: US escorted tours
Replies: 15
Views: 939

Re: US escorted tours

As a side reference I just wanted to note that it can be interesting how tours to the US for foreigners are packaged and presented overseas. Some years ago, before the internet, I had a casual conversation with a couple that was visiting the US from Australia and they were on a package tour. They sh...
by 123
Mon Jan 15, 2018 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Consulting side gig while at mega corp
Replies: 25
Views: 2136

Re: Consulting side gig while at mega corp

If you are paid on an hourly basis time off-the-clock is pretty much your own in most cases unless you do something in competition with megacorp or for a megacorp customer/vendor. If you, or they, think you're an exempt (non-hourly) well, then they own your soul.
by 123
Mon Jan 15, 2018 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Check writing on a Roth account?
Replies: 1
Views: 161

Re: Check writing on a Roth account?

Vanguard offers check writing on a Roth account but subject to a minimum of $250 per check and certain other requirements: https://personal.vanguard.com/us/whatweoffer/accountservices/checkwriting Edited to add: TD Aneritrade offers it as well with conditions: https://www.tdameritrade.com/retail-en_...
by 123
Mon Jan 15, 2018 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Self pay vs insurance
Replies: 10
Views: 763

Re: Self pay vs insurance

The primary value of medical insurance is often the negotiated prices for services. If you self-pay they may want you to pay the "list price", often an extraordinary high amount that no one really pays. In many prices the "insurance" price may be better than you can negotiate yourself though discoun...
by 123
Mon Jan 15, 2018 2:24 pm
Forum: Personal Consumer Issues
Topic: A "Home" cell phone?
Replies: 46
Views: 3741

Re: A "Home" cell phone?

You can mostly eliminate any cost for the "home phone" is you use something like Google Voice for Voice Over Internet Protocol (VOIP). If you've got internet you can use a device like https://www.amazon.com/Ooma-Telo-Free-Phone-Service/dp/B00I4XMEYA/ref=sr_1_2?ie=UTF8&qid=1516044204&sr=8-2&keywords=...
by 123
Sun Jan 14, 2018 8:50 pm
Forum: Personal Consumer Issues
Topic: Are land line phones still being supported?
Replies: 60
Views: 3554

Re: Are land line phones still being supported?

Ours rang about a week ago so we think it's still working. Mostly the calls go to the answering machine since they're usually junk calls.
by 123
Sun Jan 14, 2018 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Margin Accounts
Replies: 5
Views: 315

Re: Margin Accounts

You shouldn't have any trouble finding an adviser for a margin account. If you're into trading beyond your means (via borrowing) then the adviser knows you're likely pay any fees he/she may wish to charge, after all it's borrowed money isn't it?
by 123
Sun Jan 14, 2018 2:54 pm
Forum: Personal Consumer Issues
Topic: Pre-purchase inspection: dealership or private mechanic?
Replies: 17
Views: 1150

Re: Pre-purchase inspection: dealership or private mechanic?

Can you do both?

If you're limited to one I would think the private mechanic might be more likely to actually actually drive the vehicle on the street. The dealership might likely do some kind of automated diagnostic and go through a checklist. I'm sure each have their good sides and bad sides.
by 123
Sun Jan 14, 2018 12:48 am
Forum: Personal Consumer Issues
Topic: Advice On A Tour From Port Canaveral To Kennedy Space Center
Replies: 14
Views: 672

Re: Advice On A Tour From Port Canaveral To Kennedy Space Center

https://www.kennedyspacecenter.com/info ... hancements

I enjoyed a visit there some years ago. Since you've got a specific date you may want to order tickets in advance, I don't know if they sell out.
by 123
Sat Jan 13, 2018 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisory Services Fees
Replies: 33
Views: 2157

Re: Vanguard Personal Advisory Services Fees

An alternative to Vanguard PAS if you're not longer in the picture is to pick a set of Vanguard fund-of-funds (LifeStrategy, Balanced, etc) that automatically re-balance. If a single fund doesn't match your asset allocation you can pick a couple that achieve your desired result proportionately. Whil...
by 123
Sat Jan 13, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA alternative for 1 month? (it's $2,400 per month!)
Replies: 69
Views: 3315

Re: COBRA alternative for 1 month? (it's $2,400 per month!)

I wouldn't feel guilty about what seems to be a COBRA loophole (late sign-up with retroactive coverage). I'm sure the insurance companies have built that risk into their overall pricing structure (basically the rates they charge employers).
by 123
Sat Jan 13, 2018 12:26 am
Forum: Personal Finance (Not Investing)
Topic: SSDI Widow Benefit
Replies: 8
Views: 877

Re: SSDI Widow Benefit

eastlansingspartans wrote:
Fri Jan 12, 2018 7:35 pm
...So, to be clear, if my father passes away when she is 59, she can chose to delay claiming SSDI survivor's benefits until a time when she sees fit?
Yes. That is correct.
by 123
Fri Jan 12, 2018 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card keeps getting hacked, even when unused! (4x now!)
Replies: 49
Views: 7813

Re: Credit card keeps getting hacked, even when unused! (4x now!)

I've had a replacement card "hacked" before I even opened the envelope containing it. There was a separate thread that discussed a service that card issuers offer to merchants to "update" customer credit card info when cards are replaced (a merchant who operates a subscription or recurring charge se...
by 123
Fri Jan 12, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Trade date/Settlement date and SEC restrictions
Replies: 3
Views: 141

Re: Trade date/Settlement date and SEC restrictions

If your brokerage account has margin privileges (and you keep your trades within your margin limits) then you can do a lot of stuff without any issues. (Margin isn't available on retirement/tax deferred accounts). SEC regulations prohibit a "free ride", when you purchase securities with unsettled fu...
by 123
Fri Jan 12, 2018 6:17 pm
Forum: Personal Consumer Issues
Topic: Replacement Suggestions For Microwave Oven
Replies: 22
Views: 1238

Re: Replacement Suggestions For Microwave Oven

After 30+ years our little microwave oven has begun intermittently tripping the breaker... Presuming you've already upgraded from a wood stove, coal furnace, ice box, and CRT TV it's time to move ahead on the microwave front. I think virtually any microwave you purchase will be a step up from what ...
by 123
Fri Jan 12, 2018 1:46 pm
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 4412

Re: Almost a pathological fear of debt, to my detriment?

I've only used credit cards for their convenience and always paid them off in full every month. I've always paid cash for cars. The only debt I've ever carried is a mortgage and that was for about 10 years (we paid it off early). Fear of mortgage debt would seem to be the biggest thing that would ha...
by 123
Fri Jan 12, 2018 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Failure to Defer 401k Contributions
Replies: 6
Views: 433

Re: Failure to Defer 401k Contributions

No. 401k contributions have to be by payroll deductions. Never heard of any acceptable alternative. What's done is done.
by 123
Thu Jan 11, 2018 1:36 am
Forum: Investing - Help with Personal Investments
Topic: Help me stop my addiction to stock market peeping!
Replies: 66
Views: 4415

Re: Help me stop my addiction to stock market peeping!

I am making a transition to a Vanguard LifeStrategy fund to see how it works for me. One of the things I've noticed is that I'm less interested in the specific movements of the component funds like I was before when I held them individually. If you hold a fund-of-funds and it matches your asset allo...
by 123
Wed Jan 10, 2018 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay for a new kitchen and dining room
Replies: 26
Views: 1556

Re: How to pay for a new kitchen and dinning room

He might be able to do a "cash out" refinance or get a HELOC.
by 123
Wed Jan 10, 2018 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: SSDI Widow Benefit
Replies: 8
Views: 877

Re: SSDI Widow Benefit

The benefit to a widow is based on the widow's age at the time she claims benefits. A widow who is age 60 or older who has had work on her own may want to get estimates of both benefits to decide how she wishes to proceed. While she could claim widow's benefits at age 60 she would only be eligible f...
by 123
Wed Jan 10, 2018 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Contribute to an Employer-Sponsored 401k with a Personal Check?
Replies: 6
Views: 341

Re: Contribute to an Employer-Sponsored 401k with a Personal Check?

As far as I know all 401k contributions generally must be by payroll deduction so that employee benefit and tax deductions will all work out. She may want to ask what would happen if she simply returns the payroll check (perhaps she might accidentally step on, soil, or tear it) and requests that the...
by 123
Wed Jan 10, 2018 7:00 pm
Forum: Personal Consumer Issues
Topic: Help with what to do with drafty fireplace
Replies: 26
Views: 1305

Re: Help with what to do with drafty fireplace

*Erroneous content removed *

Corrected - OP has wood and oil but no natural gas.
by 123
Wed Jan 10, 2018 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Letter from Social Security re Fraudulent Claim
Replies: 43
Views: 3239

Re: Letter from Social Security re Fraudulent Claim

I really don't see a problem with the letter. If you go into an office you'd be dealing with authorized employees (assuming you don't find him sitting in the waiting room). If the request to come in is flexible, i.e. before the end of January, the office will have others who can assist you in the ev...
by 123
Wed Jan 10, 2018 5:40 pm
Forum: Personal Consumer Issues
Topic: Computers Suck
Replies: 18
Views: 1384

Re: Computers Suck

I would bet you're running Windows.
by 123
Wed Jan 10, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: Why bother with corporate bond funds instead of just U.S. Treasuries + Stock Index Fund/ETF?
Replies: 16
Views: 803

Re: Why bother with corporate bond funds instead of just U.S. Treasuries + Stock Index Fund/ETF?

The classic answer would be that with a large corporate bond fund you get broad diversification of credit risk among many issuers. The main risk in a corporate bond fund is interest rate risk which you also have in a US Treasuries fund. It can come down to a matter of individual preference. Some inv...
by 123
Wed Jan 10, 2018 1:40 pm
Forum: Investing - Theory, News & General
Topic: If I have a million with Edward Jones, in 10 years, how much money has my FA made off me?
Replies: 48
Views: 6277

Re: If I have a million with Edward Jones, in 10 years, how much money has my FA made off me?

Fees and expenses would be a lot lower at Vanguard. If someone uses their Personal Advisory Service (PAS) it costs .3% a year ($3,000 a year per $1 million) plus fund expenses fees of likely less then .25% a year ($2,500 a year per $1 million). I use a Vanguard LifeStrategy fund that "fits" me and i...
by 123
Wed Jan 10, 2018 1:29 pm
Forum: Personal Consumer Issues
Topic: Kenmore Washer Dryer
Replies: 29
Views: 1495

Re: Kenmore Washer Dryer

Consumer Reports is the best place to check for model features and reliability. Sadly the printed magazine these days is a lot less comprehensive in the testing results they show. You can buy a digital subscription for about $7 a month that gives you all test results (like the old days). You can can...
by 123
Wed Jan 10, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: If I have a million with Edward Jones, in 10 years, how much money has my FA made off me?
Replies: 48
Views: 6277

Re: If I have a million with Edward Jones, in 10 years, how much money has my FA made off me?

If a financial adviser is paid 1% a year as an AUM fee for every $1 million the adviser gets $10,000 annually. Since the funds that are offered are usually high expense ratio fun (after all the customer knows little, why not?) you can usually figure another 1% in higher then necessary fund expense r...
by 123
Tue Jan 09, 2018 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Did I need a lawyer after an accident?
Replies: 29
Views: 2597

Re: Did I need a lawyer after an accident?

Maybe I'm naive but in accident situations like this don't people who are injured just use their own insurance coverage so the bills get paid and then the insurance companies fight each other out to recover from the responsible driver? What am I missing? Or does one or more of the injured parties la...
by 123
Tue Jan 09, 2018 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard, Fidelity [looking for good CD rates]
Replies: 8
Views: 983

Re: Vanguard, Fidelity [looking for good CD rates]

FDIC insurance coverage is based on the ownership of the CDs regardless of where the CD is held, i.e. the bank itself and/or brokerages(s). If you buy multiple CDs from the same bank at different brokerages that does increase your FDIC coverage. The FDIC insurance limit applies per bank across all a...
by 123
Mon Jan 08, 2018 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard, Fidelity [looking for good CD rates]
Replies: 8
Views: 983

Re: Vanguard, Fidelity [looking for good CD rates]

If an investor sees attractive CD rates at Vanguard, Fidelity, or elsewhere there is nothing that prevents the investor from checking with the offering bank about whether the same, or higher, rate is available directly from the bank. In some cases I've been surprised that a rate from a retail bank, ...
by 123
Mon Jan 08, 2018 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Lowball offer on a home
Replies: 82
Views: 6885

Re: Lowball offer on a home

Since the buyer and seller are so far apart it would save everyone a lot of aggravation and wasted time if the OP simply passed on the home.
by 123
Mon Jan 08, 2018 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: Smallest % worth Allocating in your Portfolio
Replies: 30
Views: 1975

Re: Smallest % worth Allocating in your Portfolio

I used to include 10% - 15% REITS in a couple of accounts but recently sold them along with some VTI, VXUS, and BND and replaced the positions with an entry into one of the Vanguard LifeStrategy funds. So far I'm comfortable with it.
by 123
Mon Jan 08, 2018 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for large sum
Replies: 35
Views: 2221

Re: Asset allocation for large sum

There are some investors/savers who are so risk adverse that nothing short of a portfolio consisting of 100% of FDIC insured CDs will work for them. Most of these folks are older, in their 80's and above, and are familiar with what life was like in the Great Depression. I've assisted a few of them w...
by 123
Mon Jan 08, 2018 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Help with giving inheritance money to mother
Replies: 16
Views: 1733

Re: Help with giving inheritance money to mother

I think 3) would be the best. +1 Might be the best alternative but even then not that great, it provides a "borrowing" pool of funds for him through your mom, depends on your mom's perspective. No one ever can get enough free money. If your mom gives brother free money, it will never be enough and ...
by 123
Sun Jan 07, 2018 8:56 pm
Forum: Personal Consumer Issues
Topic: Best Phone Plan for 1 person
Replies: 86
Views: 3663

Re: Best Phone Plan for 1 person

Things are pretty loose about what makes a family for the various phone plans. Do you have a friend, buddy, cousin, or other relative that you could pair up with and make your own family for a phone plan? Of course someone has to be come up with the money for the bill every month and if someone does...
by 123
Sun Jan 07, 2018 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: protecting future inheritance
Replies: 31
Views: 2866

Re: protecting future inheritance

It could end up being a difficult and awkward conversation but you could bring up the concept of estate planning and seeing a lawyer about a trust set-up. Could be the usual A-B Trust with the house and assets going into the trust and then passing to you (or your heirs) when the 2nd passes away. If ...
by 123
Sun Jan 07, 2018 12:58 am
Forum: Personal Consumer Issues
Topic: Appointment Calendars from the past
Replies: 28
Views: 2215

Re: Appointment Calendars from the past

celia wrote:
Sun Jan 07, 2018 12:14 am
Depending on what was written on the calendar, they could be genealogical or medical sources of info. For example, we put birthdays on our calendar and how old the relative is that day.
I've know some relatives who record their blood pressure and certain female things.
by 123
Sun Jan 07, 2018 12:54 am
Forum: Personal Finance (Not Investing)
Topic: how to transfer mortgage from one trust to another
Replies: 15
Views: 869

Re: how to transfer mortgage from one trust to another

Does this mean that Trust B needs to buy the mortgage from Trust A? Does Trust B have sufficient assets to buy the mortgage? While it might be possible for Trust A to give away the mortgage to Trust B wouldn't that seem to a responsible thing for the trustee of Trust A to do unless there were some k...
by 123
Sat Jan 06, 2018 11:54 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA transfer to Traditional IRA in error
Replies: 7
Views: 505

Re: Roth IRA transfer to Traditional IRA in error

You need to fix this. On the sending side because The Roth transfer/distribution didn't go into another Roth account a tax penalty may apply to some or all of it depending on your age and how long the you've had a Roth open. On the receiving account side a non-qualifying transfer/deposit/contributio...
by 123
Sat Jan 06, 2018 11:31 pm
Forum: Personal Consumer Issues
Topic: Appointment Calendars from the past
Replies: 28
Views: 2215

Re: Appointment Calendars from the past

I have accumulated over 20 years of DayMinder Calendar booklets. Most of the entries are personal/family schedule entries, maybe 5% are work-related. It's rare that I look up something that happened over 1 year ago but it does happen once or twice a year. They all fit in a shoe box (I have big feet)...