Search found 6235 matches

by 123
Sun Sep 20, 2020 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Question about moving out of state and in-state tuition for my child in that new state
Replies: 10
Views: 572

Re: Question about moving out of state and in-state tuition for my child in that new state

If you move to another state there are generally lots of documents you can use. In addition to a new driver's license you'll likely change your auto registration and auto insurance address. Your mother could also write a letter "To Whom It May Concern" indicating that you have moved into her househo...
by 123
Sun Sep 20, 2020 8:19 pm
Forum: Investing - Theory, News & General
Topic: No Dividends for S&P500 index fund in 401k?
Replies: 8
Views: 697

Re: No Dividends for S&P500 index fund in 401k?

Many 401K plans offer Collective Investment Trusts (CITs) instead of mutual funds. The CITs do not have trading symbols or CUSIPs and generally perform exceptionally well compared to their target index, often an option that mirrors the S&P500 is offered. CITs often have very favorable expense ratios...
by 123
Sun Sep 20, 2020 4:36 pm
Forum: Personal Consumer Issues
Topic: Subscription to watch live sports
Replies: 6
Views: 399

Re: Subscription to watch live sports

$65 for a TV streaming service that includes sports is pretty much typical. There could be promotions that offer deals at times by the various services but $65 as an on-going charge is about the going rate. If you subscribe beyond the intial "free" period (often 7 to 10 days) generally you can only ...
by 123
Sun Sep 20, 2020 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Challenging a physician's bill
Replies: 26
Views: 2161

Re: Challenging a physician's bill

You should be able to get the bill covered as an "out of netowrk" item for which your own insurance company should reimburse you. You will likely incur some out-of-pocket portion.
by 123
Sun Sep 20, 2020 12:43 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2118
Views: 225136

Re: [What TV Show Have You Recently Watched?]

I thoroughly enjoyed "Ratched" the Netflix (prequel) series (8 episodes) based on the nurse character from "One Flew Over the Cuckoo's Nest" was was just released on Fridahy November 18. Initially set in 1947 it has a "Mad Men" look in terms of capturing the period but since it's set on the Californ...
by 123
Sat Sep 19, 2020 2:44 pm
Forum: Personal Consumer Issues
Topic: Is Costco worth the $120 membership?
Replies: 159
Views: 8923

Re: Is Costco worth the $120 membership?

After joining and signing for the "executive" membership with their Citi Visa CC, I am finding it less and less appealing... Just cancel the membership and ask for your money back. Just call them up, not even a need to visit a store. No fuss, no muss. Hardly worth thinking about. Costco makes every...
by 123
Fri Sep 18, 2020 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Confused About Life Insurance Policy in My Name
Replies: 8
Views: 875

Re: Confused About Life Insurance Policy in My Name

Due to the complex family dynamics involved perhaps your best approach would be to contact the life insurance company and, as the individual insured by the policy, ask them who the current owner of the policy is according to their records. You will then have a better idea how to proceed. Some polici...
by 123
Fri Sep 18, 2020 6:24 pm
Forum: Personal Consumer Issues
Topic: Received used laptop from Costco web site
Replies: 8
Views: 1107

Re: Received used laptop from Costco web site

Most big box retailers have direct shipment from manufacturer to consumers nowadays when you place an order online so technically its probably Lenovo who screwed up and this happens every now and then. Costco is on the top of my list in terms of retailers because they stand by the quality of their ...
by 123
Thu Sep 17, 2020 8:33 pm
Forum: Personal Consumer Issues
Topic: Kids back to On Campus School - Would you ?
Replies: 46
Views: 1913

Re: Kids back to On Campus School - Would you ?

I would keep my kids at home.

If there was a vaccine available it undoubtedly would be required before students would be allowed to return to in-person classes.

The absence of a vaccine is not a "pass" on reasonable alternatives, such as distance learning.
by 123
Thu Sep 17, 2020 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for mother-in-law
Replies: 20
Views: 1749

Re: Advice for mother-in-law

...She's 60 years old, self-employed, earning a couple thousand a month is my guess... It might be a good idea to look at her tax returns for the last few years. Sometimes people, even a MIL, have more assets than is immediately apparent. In regard to her business is she still running it? Can/shoul...
by 123
Thu Sep 17, 2020 5:08 pm
Forum: Investing - Theory, News & General
Topic: Total Market Quotes
Replies: 1
Views: 224

Re: Total Market Quotes

Perhaps this one by Taylor about the Three Fund Portfolio: viewtopic.php?t=88005
by 123
Thu Sep 17, 2020 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Offshore Bank Account?
Replies: 14
Views: 1728

Re: Offshore Bank Account?

Move you wealth more than offshore, move it up to the clouds. Bitcoin. I'm sure there are lots of countries that have banking systems "almost" as good as the US. If there is a failure/collapse of the US banking system the consequences could be just as bad in other countries. Money, and problems, flo...
by 123
Thu Sep 17, 2020 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Do my circumstances warrant asking for a >50% increase in salary?
Replies: 18
Views: 1544

Re: Do my circumstances warrant asking for a >50% increase in salary?

What is your action plan if they decline your request for the increase. If you don't have to materially support your request for an increase it would seem that they wouldn't be expected to give you a reason when they decline it. I would expect that much of the salary basis might depend on the partic...
by 123
Thu Sep 17, 2020 3:28 pm
Forum: Investing - Theory, News & General
Topic: Merrill Edge transaction fee?
Replies: 12
Views: 795

Re: Merrill Edge transaction fee?

...So I decided to buy VTSAX. When I was about to submit, I see a $19.95 transaction fee. What???... I've paid much more than that at Fideltiy and Schwab (something like $50 - $75) as a transaction fee for a Vanguard Fund purchase (happened to be a LifeStrategy fund). It was for single 100% long-te...
by 123
Thu Sep 17, 2020 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: New York Life - Invest as Favor for Friend
Replies: 35
Views: 1488

Re: New York Life - Invest as Favor for Friend

How about minimizing yours (and his/her) losses by sending a congratulatory card on the new job and enclose a gift card (VISA so it can be used anywhere/for anything) of $100 or more for their new business wardrobe.
by 123
Thu Sep 17, 2020 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: New York Life - Invest as Favor for Friend
Replies: 35
Views: 1488

Re: New York Life - Invest as Favor for Friend

None of the products he is going to be able to offer as a salesperson are going to be of any value to use as a Boglehead. If you want to help the friend out as a favor you need to be aware that likely anything you purchase would likely be money down the drain and while the friend might benefit from ...
by 123
Wed Sep 16, 2020 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Discretionary spending strategy
Replies: 21
Views: 1714

Re: Discretionary spending strategy

I would include restaurant meals and alcohol purchases (either for home consumption or consumption outside the home) as "fun money" purchases. If you don't you just fool yourself that those are all "food", it is primarily relaxation and entertainment. Depending on your mileage I would also argue tha...
by 123
Wed Sep 16, 2020 4:59 pm
Forum: Personal Consumer Issues
Topic: Any experience with artificial turf?
Replies: 13
Views: 569

Re: Any experience with artificial turf?

There are some homes with small areas of artificial turf in their front yards in our neighborhood. They look okay as an ornamental features. I don't know how they would look/last as an expansive lawn, I would suspect that dogs would be rough on it causing stains.
by 123
Tue Sep 15, 2020 2:39 pm
Forum: Personal Consumer Issues
Topic: Mother passed away - lots of questions
Replies: 5
Views: 1029

Re: Mother passed away - lots of questions

Do the bank/investment accounts have named beneficiaries? If they do they can be claimed by the beneficiaries without regard to the will. Since she was a resident of Colorado at the time of her passing any probate action would have to be done in Colorado in accordance with Colorado provisons. Hopefu...
by 123
Tue Sep 15, 2020 11:10 am
Forum: Personal Investments
Topic: Preparation for the last chapter without you
Replies: 11
Views: 1751

Re: Preparation for the last chapter without you

The best option is like a single fund, typically a fund-of-funds. My spouse has no interest in investments or finance. Our traditional IRA accounts have been converted to a Vanguard LifeStrategy fund that matches our asset allocation. There are other options like Vanguard Balanced VBIAX that could w...
by 123
Tue Sep 15, 2020 12:40 am
Forum: Personal Finance (Not Investing)
Topic: Payable on Death (POD/TOD) for short term accounts
Replies: 7
Views: 640

Re: Payable on Death (POD/TOD) for short term accounts

...Any idea why it is not routinely included as an optional part of the application process for most kinds of personal accounts?... The main reason I think it's not a routine part of the application process is because it could be a bottleneck or showstopper that could cause some customers to stop a...
by 123
Mon Sep 14, 2020 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Universal Life Insurance Keep or Cash Out
Replies: 19
Views: 1021

Re: Universal Life Insurance Keep or Cash Out

Universal Life Insurance has a lot of "gotchas" and they vary by policy. The life insurance within the policy is usually annually renewable term insurance so the premium for the insurance component of the policy will increase every year. Typically the policies build some cash value, expecially if yo...
by 123
Mon Sep 14, 2020 11:54 am
Forum: Personal Investments
Topic: How to redeem mature munis?
Replies: 2
Views: 249

Re: How to redeem mature munis?

Unusual circumstances and interest rate situations can impact zero-coupon instruments. It is possible that the yield-to-maturity on the bond is declining as it reaches maturity. You may want to check the current value of the bond and see if it is worth holding to maturity. You may do better by selli...
by 123
Sun Sep 13, 2020 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: IRS tax payments thru RMD's
Replies: 9
Views: 883

Re: IRS tax payments thru RMD's

You can make federal estimated tax payments at any time to the IRS. Just use form 1040-ES. An advantage to having taxes "withheld" from income, like RMDs, is that withholdings get treated as paid throughout the year, regardless of when the withholding actually occurred. Estimated tax payments may be...
by 123
Sun Sep 13, 2020 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts a will to protect generational wealth?
Replies: 42
Views: 2204

Re: Thoughts a will to protect generational wealth?

You can't buy reputation or respect of a current or future generation of family (or anyone for that matter).
by 123
Sun Sep 13, 2020 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Elder Abuse/Neglect/Inheritance Theft - lawsuit or mediation?
Replies: 71
Views: 5910

Re: Financial Elder Abuse/Neglect/Inheritance Theft - lawsuit or mediation?

Have you contacted the police department or social services agency that would have covered your father's situation to file a formal claim of criminal (financial) elder abuse? If criminal behavior is substantiated your civil claim will be much stronger.
by 123
Sat Sep 12, 2020 4:18 pm
Forum: Personal Investments
Topic: Short Term Savings
Replies: 6
Views: 732

Re: Short Term Savings

High yield savings account are likely your best option with either Ally Bank, Marcus, or American Express Bank. Rates seem to hover around 0.6% - 1.0% but which bank is best (based on rate) could change from day-to-day. From my experience Ally Bank is the best to work with (No Penalty CDs) but other...
by 123
Sat Sep 12, 2020 3:44 pm
Forum: Personal Investments
Topic: Deciding between QQQ & VGT?
Replies: 23
Views: 1905

Re: Deciding between QQQ & VGT?

In our Roth accounts we've got mostly Vanguard Total Stock Market (VTI) but have also included some QQQ as well as VGT. QQQ and VGT have some differences in what they can include. Both of them can easily be long-term holdings. In our "tilt" allocation we've got 70% QQQ and 30% VGT but I'd be happy w...
by 123
Sat Sep 12, 2020 12:01 am
Forum: Personal Investments
Topic: Anyone successfully living off dividends & interest?
Replies: 203
Views: 18566

Re: Anyone successfully living off dividends & interest?

...I'm not sure what the mystery. People do it by not having lifestyles that require $100,000+ a year to live... +1 I've helped elderly relatives and family friends manage their finances. They were all "savers", never had high income, but they were solid believers in living below their means. The o...
by 123
Fri Sep 11, 2020 9:32 pm
Forum: Personal Consumer Issues
Topic: Insurance Co. Request to sign Policy Cancellation
Replies: 14
Views: 1564

Re: Insurance Co. Request to sign Policy Cancellation

There may be uncertainty (in their opinion) about the specific date the policy/coverage should (have) end(ed). The ending date of coverage is significant because it could impact whether a partial refund of premium is necessary (could vary by insurance company/state/product line).
by 123
Fri Sep 11, 2020 12:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirement Funds--Why So Stock Heavy?
Replies: 44
Views: 2589

Re: Are Target Date mutual funds obsolete?

While I believe the concept of Target Date funds will endure I think we should all be aware that the components within those funds could change over time. While Vanguard has generally taken a simple and straightforward approach to Target Date funds that doesn't prevent other vendors of Target Date f...
by 123
Fri Sep 11, 2020 10:39 am
Forum: Personal Investments
Topic: Invest in 1 Vanguard Fund - VIGAX -- Is it wrong ?
Replies: 25
Views: 3901

Re: Invest in 1 Vanguard Fund - VIGAX -- Is it wrong ?

It depends on whether you have other assets and how they are allocated. As an individual fund Vanguard reports that VIGAX has a higher than average risk. Risk is the possibility that performance will be different than what would normally be expected. As a growth fund you are receiving a lower level ...
by 123
Fri Sep 11, 2020 10:23 am
Forum: Personal Finance (Not Investing)
Topic: So how does CA track residency for tax purposes?
Replies: 37
Views: 2678

Re: So how does CA track residency for tax purposes?

California has a pubication that describes how to determine residency for tax purposes https://www.ftb.ca.gov/forms/2019/2019-1031-publication.pdf It looks like it is very easy to be established as a resident of California for tax purposes so very complete and accurate record-keeping (including trav...
by 123
Thu Sep 10, 2020 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Old friend joined Northwestern Mutual -- how to politely explain they're awful
Replies: 87
Views: 6454

Re: Old friend joined Northwestern Mutual -- how to politiely explain they're awful

We all get pitches all the time from people trying to sell us things. They could be friends or relatives with jobs as salespeople for financial firms, car dealers, or cell phone stores etc. They aren't really interested in knowing why you think their product/service is awful. They usually can't chan...
by 123
Thu Sep 10, 2020 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: How to stop judging how other people spend/invest
Replies: 76
Views: 4744

Re: How to stop judging how other people spend/invest

...I'm not sure how to respond... You have to consider that the other people know more about their situation and priorities than you do. There may be assets, liabilities, values, and considerations that they haven't or don't want to disclose to you. Everyone acts in what they believe to be in their...
by 123
Wed Sep 09, 2020 9:49 pm
Forum: Personal Consumer Issues
Topic: How to watch Football (NFL/NCAA) this Season ?
Replies: 21
Views: 1349

Re: How to watch Football (NFL/NCAA) this Season ?

In many areas you can get the best picture with an over-the-air antenna (indoor/outdoor). All streaming/cable/satellite services use additional compression codecs that diminish picture quality.
by 123
Wed Sep 09, 2020 1:43 pm
Forum: Personal Consumer Issues
Topic: How to see/fell sightseeing of new places using virtual reality?
Replies: 5
Views: 365

Re: How to see/fell sightseeing of new places using virtual reality?

There is an inexpensive way to start. There are different instructions for android versus ios phones.https://support.google.com/cardboard/an ... roid&hl=en

There are some fancy viewers available if you feel guilty about doing it so inexpensively.
by 123
Wed Sep 09, 2020 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Is an owners equtiy draw taxable only above basis?
Replies: 4
Views: 292

Re: Is an owners equtiy draw taxable only above basis?

If the business is operated as a sole proprietorship the LLC is largely disregarded for tax purposes. Since the LLC does not file its own tax return it is for all tax purposes non-existent to the IRS. You would just be moving money/assets from one account that is yours to another account that is you...
by 123
Wed Sep 09, 2020 1:29 am
Forum: Personal Consumer Issues
Topic: Repair plasma television or get new TV?
Replies: 71
Views: 4231

Re: Repair plasma television or get new TV?

The trend in digital TVs is that each year they get larger, better, and cheaper. That said any repair is most likely going to require that a component, circuit board, power supply, etc be replaced. If the TV is still covered by a warranty (manufacturer, retailer, credit card, or purchased service co...
by 123
Tue Sep 08, 2020 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home at a loss
Replies: 55
Views: 5978

Re: Selling home at a loss

At your level or compensation/earnings you can afford to sell the house (at a loss) and move on with your life. Sometimes people are so anxious to acquire (often their first) house that they don't spend the time and effort to seriously consider all the potential issues. You've learned a lesson. Sell...
by 123
Tue Sep 08, 2020 12:27 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 27533

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

Long story short my dad was heavy in Nvidia back in January this year probably holding 1+ million ... oh gosh, it wasn't just Tesla. Nvidia too. investing in the hot stocks du jour is.... pretty risky for 5 years from retirement! +1 Oh but think of the advantages, instead of being 5 years from reti...
by 123
Mon Sep 07, 2020 11:50 am
Forum: Investing - Theory, News & General
Topic: Why do people end up with 10-15 funds in their 401k?
Replies: 50
Views: 2840

Re: Why do people end up with 10-15 funds in their 401k?

I know someone who puts equal amounts in each fund in her 403b. This is incredibly common, unfortunately. Indeed where I work I have heard a number of co-workers use this "strategy" for their 401Ks. The employer provides annual meetings with an adviser/consultant and these co-workers seem to always...
by 123
Mon Sep 07, 2020 12:52 am
Forum: Personal Investments
Topic: Switch employers - Transfer of old 401k to new employer
Replies: 29
Views: 1831

Re: Swith employers - Transfer of old 401k to new employer

...Apart from fund selection, what are IRA advantages over 401k. With an IRA you are not limited to "funds", you can normally buy whatever individual stocks (including ETFs)/bonds/CDs that are in the market. With an IRA you can withdraw funds at any time you choose (but there can be severe tax cons...
by 123
Mon Sep 07, 2020 12:44 am
Forum: Personal Finance (Not Investing)
Topic: Take Package/Severance (in mid-30's)?
Replies: 23
Views: 3898

Re: Take Package/Severance (in mid-30's)?

Take the package.
by 123
Mon Sep 07, 2020 12:32 am
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel Husband's Term Insurance?
Replies: 41
Views: 3253

Re: Should I Cancel Husband's Term Insurance?

The sure test is if you (both) could retire now (regardless of age) and be self-sufficient (including paying for children's education) based on your assets and pensions (including social security) than you don't need life insurance.
by 123
Mon Sep 07, 2020 12:22 am
Forum: Personal Consumer Issues
Topic: Portable radios for Wifi/Internet content?
Replies: 9
Views: 936

Re: Portable radios for Wifi/Internet content?

I think the only realistic option is to use an inexpensive android smartphone (just using wi-fi without any data subscription) or tablet along with a bluetooth speaker of some kind. The problem with any portable wifi radio would be limited battery life and (usually) inability to upgrade device softw...
by 123
Sun Sep 06, 2020 11:19 pm
Forum: Personal Consumer Issues
Topic: Online cheap eyeglass prescription lenses...
Replies: 24
Views: 2039

Re: Online cheap eyeglass prescription lenses...

There seem to be a number of online outfits that do this. I googled "buy perscripton lens without frames" (without quotes) and there seemed to be a few options. Perhaps others bogleheads have used one of them. Costco used to let you use your own frames for a service charge of around $20 but they dis...
by 123
Sun Sep 06, 2020 3:42 pm
Forum: Personal Consumer Issues
Topic: Reducing road noise that reaches back side of house
Replies: 43
Views: 2843

Re: Reducing road noise that reaches back side of house

Perhaps you need to instead consider yourself lucky to have a problem with road noise. Many people have so many other issues and problems of various kinds that they never even notice the road noise. Do you have a pet? Maybe yu need a dog as a distraction.
by 123
Sun Sep 06, 2020 1:32 am
Forum: Personal Finance (Not Investing)
Topic: Best way to pay for work shift
Replies: 35
Views: 2251

Re: Best way to pay for work shift

...This would be done without Hospital payroll involved... This just strikes me as a nightmare if a malpractice situation or an HR related claim/matter happened (i.e. sexual harassment). The hospital would seem to be responsible for all the staff (including contracted) it has on duty at any particu...