Search found 4679 matches

by 123
Tue Jun 18, 2019 4:24 pm
Forum: Personal Investments
Topic: US citizen leaving the country for UAE, then Europe - please help
Replies: 12
Views: 667

Re: US citizen leaving the country for UAE, then Europe - please help

If you have any assets in the US (financial or real estate) at the time of your passing the citizenship status of your spouse will impact the potential taxation of those assets.
by 123
Tue Jun 18, 2019 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: How to ensure POA is acting in best interest of grantor?
Replies: 18
Views: 506

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

You could ask your mother to add you as a signer on the checking account is case your sister is out of town or otherwise not available. With access to the account you could get online access to monitor transactions. What would happen to the caregiver arrangements if something happened to your sister...
by 123
Tue Jun 18, 2019 3:34 pm
Forum: Personal Investments
Topic: Transferring mutual funds between taxable accounts
Replies: 16
Views: 626

Re: Transferring mutual funds between taxable accounts

I also wonder why the same owner would maintain 2 taxable accounts at the same broker. Different beneficiary? What other reason makes sense? A second account (or more) account can be useful if you want to accumulate gifts or college savings received for a young child and a UTMA isn't an acceptable ...
by 123
Tue Jun 18, 2019 3:26 pm
Forum: Personal Investments
Topic: Roth IRA portfolio ideas
Replies: 6
Views: 455

Re: Dividend investing

If it's a Roth I would go all stocks. I suppose if you don't have sufficient Traditional IRA or 401K investment space you could use Roth space but to me the value of the Roth is long-term stock appreciation without taxation. Maybe if interest rates were a lot higher I would feel differently.
by 123
Tue Jun 18, 2019 3:17 pm
Forum: Forum Issues and Administration
Topic: Length Limit on Quotes
Replies: 7
Views: 306

Re: Length Limit on Quotes

I think one of the reasons we see long quotes is that the responder wants to be able to see the complete text he/she is responding to while composing the response. If there were a mechanism to easily display the desired post, without automatically including it in the response, while composing a resp...
by 123
Tue Jun 18, 2019 1:37 pm
Forum: Personal Investments
Topic: Pension Lump Sum amount drops after age 65
Replies: 16
Views: 718

Re: Pension Lump Sum amount drops after age 65

Pension lump-sums can be calculated in a number of different ways, usually defined in the plan documents. For many pensions there is a calculation established by the IRS that must be used. That calculation uses 3 different interest rates for different time periods. Those rates are published by the I...
by 123
Tue Jun 18, 2019 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance: Refusal to Disclose Language Before Writing?
Replies: 6
Views: 680

Re: Umbrella Insurance: Refusal to Disclose Language Before Writing?

You have the power of the purse. If the umbrella coverage policy you receive is not to your liking you generally will have the right to cancel it, as well as the other policies, and receive back all the "unearned" premium. Before canceling you should have alternative coverage in place.
by 123
Mon Jun 17, 2019 11:57 pm
Forum: Personal Investments
Topic: Investment question for 76 year old mom
Replies: 12
Views: 776

Re: Investment question for 76 year old mom

Are any of her assets in tax-deferred accounts like Traditional IRAs and 401Ks (including any she may have inherited from her spouse)? If so how much of her assets are in those kind of accounts and how are those assets invested presently? When did her husband pass away? When did she sell the souther...
by 123
Mon Jun 17, 2019 9:13 pm
Forum: Personal Consumer Issues
Topic: My Cost of Progressive Lenses/glasses - did I pay too much?
Replies: 56
Views: 2558

Re: My Cost of Progressive Lenses/glasses - did I pay too much?

tibbitts wrote:
Mon Jun 17, 2019 8:35 pm
In some states, Costco, Walmart, etc. can't legally provide optometry-related services, so that's not an option for everyone.
Cost savings at Costco, Walmart, etc could pay for travel costs (and more) in many cases.
by 123
Mon Jun 17, 2019 12:37 am
Forum: Personal Consumer Issues
Topic: Restore Corrupted External Hard Drive
Replies: 20
Views: 1177

Re: Restore Corrupted External Hard Drive

Can you see the file names but just can't open the individual photos? If that's the case you might trying using the "Open With" option when you right-click on a photo file. Then a list of possible programs will be displayed related to the type of file. Somehow the link to the proper program got mess...
by 123
Sun Jun 16, 2019 9:27 pm
Forum: Investing - Theory, News & General
Topic: Which schedule is better when making periodic investments into an ETF
Replies: 17
Views: 1082

Re: Which schedule is better when making periodic investments into an ETF

If you are investing in a taxable account each investment will likely have a different cost basis. The more purchase lots you have the more potential complications you have when you sell since there can be substantial tax savings by selling specifically id'd lots. If you use an average cost basis th...
by 123
Sun Jun 16, 2019 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice — asking for the “gray hair perspective”
Replies: 39
Views: 2595

Re: Career advice — asking for the “gray hair perspective”

You're not a good fit where you are. Just move on to somewhere else.
by 123
Sun Jun 16, 2019 1:58 pm
Forum: Personal Consumer Issues
Topic: Keep car and pay for maintence or get new car
Replies: 22
Views: 1030

Re: Keep car and pay for maintence or get new car

curious george wrote:
Sun Jun 16, 2019 1:55 pm
...Wife votes new car and I am torn (largely because I am frugal).
Happy wife = Happy life
by 123
Sun Jun 16, 2019 1:21 pm
Forum: Personal Investments
Topic: CDARS - Can anyone share experience?
Replies: 7
Views: 1007

Re: CDARS - Can anyone share experience?

The times I have looked at CDARS, for ourselves or elderly friends/relatives, it didn't include any particularly attractive rates for any accounts. The banks seemed to offer it as a convenience (likley for themselves to gather deposits). There may be little use of CDARS among Bogleheads because, fro...
by 123
Sat Jun 15, 2019 3:42 pm
Forum: Personal Investments
Topic: Escaping 1% Investment Advisor Fee -- Need Advice
Replies: 7
Views: 1102

Re: Escaping 1% Investment Advisor Fee -- Need Advice

You are not alone. The Wall Street Journal today had a supplement about the top 100 women financial advisers. They seem to have these kind of supplements about some kind of financial advisers every couple of months. I see page after page of advisers who "score" by collecting the assets of investors ...
by 123
Fri Jun 14, 2019 9:18 pm
Forum: Personal Investments
Topic: A 401k only partially vested
Replies: 10
Views: 999

Re: A 401k only partially vested

As posted by another the plan may have provisions that address an interruption in employment or some other kind of break in service. Under some plans it can take quite awhile to exhaust the possibilities for a true disconnection from the plan. For example a plan might ignore a break in service of a ...
by 123
Fri Jun 14, 2019 11:46 am
Forum: Personal Consumer Issues
Topic: Do you repair your own appliances?
Replies: 65
Views: 3269

Re: Do you repair your own appliances?

I do home repairs and appliance repairs myself to the extend possible. The most recent appliance repairs have been replacing a pump on a washing machine and replacing the ignitor in a home gas furnace. The main incentive for me in doing repairs myself is to avoid having to schedule and then wait aro...
by 123
Thu Jun 13, 2019 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: what type of term life insurance
Replies: 12
Views: 932

Re: what type of term life insurance

$2 - $3M each would be about right. We don't know about their assets or financial liabilites (mortgage). Three kids to raise is a handful. They should each have their own policies. Based on the support period for the children the most likely type of policy would be 20 to 25 year level premium term i...
by 123
Thu Jun 13, 2019 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: Professional work titles
Replies: 30
Views: 2592

Re: Professional work titles

The banking industry is a real rat race when it come to job titles. After you become a back officer you work your way up the ladder, assistant vice president, vice president, senior vice president, executive bank president, etc. Depending on the bank there can be a lot more steps in the ladder. I ha...
by 123
Thu Jun 13, 2019 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Car or no car? Need advise!
Replies: 9
Views: 944

Re: Car or no car? Need advise!

Can you get a vehicle for less than $200 a month through FAIR in your location? That might be another alternative. If you work in one of the large West Coast cities and have to travel locally as part of your job there probably isn't a good alternative to having your own vehicle. (This assumes you're...
by 123
Thu Jun 13, 2019 12:46 am
Forum: Personal Consumer Issues
Topic: Retired at 35 and have no friends :(
Replies: 113
Views: 10669

Re: Retired at 35 and have no friends :(

I can appreciate your situation. I have had a couple of opportunities to take employment breaks of 6 - 12 months. In both cases I utilized the time to complete additional degrees that I had started on a part-time basis. I was amazed how out-of-place I felt if I was around town during "working hours"...
by 123
Wed Jun 12, 2019 11:55 pm
Forum: Investing - Theory, News & General
Topic: Opening a Robinhood account for fun - Is it worth it?
Replies: 18
Views: 2053

Re: Opening a Robinhood account for fun - Is it worth it?

I wouldn't establish a Robinhood account unless I was comfortable doing my own taxes with TurboTax or other tax software (or manually if you prefer). There are lots of tax issues that come up, and it doesn't matter if it's a $10 trade or a $1Million trade the tax treatment has to be properly handled...
by 123
Wed Jun 12, 2019 2:08 pm
Forum: Personal Consumer Issues
Topic: Mailers for Medicare, AARP, etc to a younger person
Replies: 20
Views: 1266

Re: Mailers for Medicare, AARP, etc to a younger person

Likely a similar name situation where they found a match with your current info. If you used the same address as a parent after you were 18 it's also possible for your DOB info to get scrambled with your parents. When looking up addresses for former classmates I often find scrambled info related to ...
by 123
Tue Jun 11, 2019 7:41 pm
Forum: Personal Consumer Issues
Topic: Best women's starter golf clubs?
Replies: 17
Views: 812

Re: Best women's starter golf clubs?

There are some introductory women's sets on Amazon for around $200 or less. I would start with a generic set to get a sense of what "fits". You have to decide between right and left-handed clubs. There is no practical limit to what you can spend for the latest "magical" custom clubs. Depending on ho...
by 123
Tue Jun 11, 2019 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: What should we do next?
Replies: 13
Views: 1298

Re: What should we do next?

I agree with the advice to top off her IRA each year as well as top off the 401k's. As attractive as traditional 401ks are for tax-deferred savings it's helpful to have taxable investment accounts as well. In a taxable investment account you get the advantage of long-term capital gains tax treatment...
by 123
Tue Jun 11, 2019 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Loans for Education?
Replies: 1
Views: 248

Re: Loans for Education?

... I'm wondering if I should consider covering some part of the tuition via private loans? The interest income I can accrue on the invested cash is certainly higher than the interest rate would be on a loan.. Will the interest rate arbitrage also account for the income taxes on the interest income...
by 123
Mon Jun 10, 2019 9:53 pm
Forum: Investing - Theory, News & General
Topic: What happens if mutual funds are removed from broker?
Replies: 2
Views: 431

Re: What happens if mutual funds are removed from broker?

I think it will vary a great deal depending on the size of the brokerage you are dealing with. A large broker may continue to offer all options to existing shareholders. A small brokerage would probably allow you to keep your existing position but that's it, it might only allow you to receive divide...
by 123
Mon Jun 10, 2019 3:53 pm
Forum: Personal Investments
Topic: Work hard, saved hard, retired....now what :)
Replies: 22
Views: 4962

Re: Work hard, saved hard, retired....now what :)

You should consider taking advantage of your lower tax bracket before RMDs begin. Instead of doing Traditional IRA withdrawals to reduce RMDs you should consider doing Roth conversions to reduce RMDs (the tax cost is the same either way). The Roth status generally prevents taxation of the gains, par...
by 123
Mon Jun 10, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Laminating important documents - a good idea?
Replies: 34
Views: 2414

Re: Laminating important documents - a good idea?

Lamination generally destroys the item's integrity as a legal document because the lamination process can be used to hide alterations or manipulations to the original document. Lamination is fine for "keepsake" documents that will no longer be used for any purpose other than your own. Plastic sheet ...
by 123
Mon Jun 10, 2019 12:37 pm
Forum: Personal Consumer Issues
Topic: How to get good at a racket sport without coaching?
Replies: 43
Views: 1326

Re: How to get good at a racket sport without coaching?

A few sessions/lessons from a professional coach could be invaluable at your level. You might want to try a couple of different coaches. A coach/instructor will have insights and observations about your play and style that you likely have not figured out yet, as well as specific strategies to improv...
by 123
Sun Jun 09, 2019 11:42 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 233
Views: 12240

Re: I'm thinking about buying an exotic supercar anyone here done this and feedback?

Situations with a twenty-seven year old and an expensive powerful car often don't end well. If you spouse doesn't object she may already see the writing on the wall and is planning ahead for her next boyfriend/husband.
by 123
Sat Jun 08, 2019 8:06 pm
Forum: Personal Investments
Topic: Brokerage Account for Small Business
Replies: 4
Views: 317

Re: Brokerage Account for Small Business

Schwab offers an organization account for some organization entities, including LLCs and sole propritorships but it has a $250,000 relationship minimum. https://www.schwab.com/public/schwab/in ... al_account
by 123
Sat Jun 08, 2019 7:27 pm
Forum: Personal Investments
Topic: Brokerage Account for Small Business
Replies: 4
Views: 317

Re: Brokerage Account for Small Business

There are a wide variety of retirement accounts that are available for small business (Simple IRA, SEP IRA, Individual and Roth 401K. etc) at most brokers. Many brokers would not open a brokerage taxable account for a small business under an alternate (to the owner) tax identity because of potential...
by 123
Sat Jun 08, 2019 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: No term life on a visa?
Replies: 9
Views: 1147

Re: No term life on a visa?

Life insurance companies can have a hard time developing reliable risk evaluations for people with an uncertain country of current/future residence due to the use of a visa. Mortality issues from a variety of sources, living conditions, crime, health care, political unrest, etc can vary a great deal...
by 123
Sat Jun 08, 2019 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy more life insurance?
Replies: 25
Views: 1345

Re: Should I buy more life insurance?

With annual earnings of $550K you should have about $5M - $6M in total life insurance to maintain the family's existing lifestyle.
by 123
Fri Jun 07, 2019 9:32 pm
Forum: Personal Consumer Issues
Topic: Scanning photos yourself
Replies: 17
Views: 1731

Re: Scanning photos yourself

HereToLearn wrote:
Fri Jun 07, 2019 9:31 pm
How do you achieve almost complete darkness? Just in case I ever return to using my old Epson V700.
Couldn't you just turn the lights off and work at night?
by 123
Fri Jun 07, 2019 9:31 pm
Forum: Personal Consumer Issues
Topic: Scanning photos yourself
Replies: 17
Views: 1731

Re: Scanning photos yourself

So I finally took the plunge and bought a high-end Epson scanner and the results are really good... What model did you buy? What made that model attractive versus others that cost more or less? I recently went on a tour of a (Mormon) Family Research Center and saw that they had scanners available f...
by 123
Fri Jun 07, 2019 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Questions for account executives and sales people?
Replies: 17
Views: 1231

Re: Questions for account executives and sales people?

jb1 wrote:
Fri Jun 07, 2019 9:15 pm
...What kind of sales? Ive been dying to get into sales and still after 3 years, starting my own mini company with kids, I have yet to land a basic entry level sales job.
Are there any cell phone stores in your area? Everyone working in one seems to be on some kind of sales incentive compensation.
by 123
Fri Jun 07, 2019 9:14 pm
Forum: Personal Investments
Topic: brokered CDs from fidelity/vanguard, bank reputation?
Replies: 28
Views: 2228

Re: brokered CDs from fidelity/vanguard, bank reputation?

I would encourage you to buy brokered IRA CDs through Fidelity/Vanguard rather than opening another IRA account at a bank and transferring funds etc. I made the mistake of opening a traditional IRA account at an outside bank. transferring significant funds, and buying multi-year CDs. I figured I was...
by 123
Fri Jun 07, 2019 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a home in a resort community?
Replies: 21
Views: 3171

Re: Should I buy a home in a resort community?

...this property is 12-14 miles from my current house. If I bought a house in this resort community, it would be my primary home... It was a fairly close call to begin with, whether or buy in the resort, or buy a townhouse elsewhere in the larger community. I'm now leaning towards doing the latter....
by 123
Fri Jun 07, 2019 12:43 pm
Forum: Personal Consumer Issues
Topic: Bee removal
Replies: 13
Views: 943

Re: Bee removal

May and June are peak honeybee swarming months in many parts of the country (depends on weather and temperature). When bees swam they sometimes temporarily alight in a tree or bush until they pick a permanent home. Of course sometimes they just stay at the first spot. If you get them removed it's po...
by 123
Thu Jun 06, 2019 4:50 pm
Forum: Personal Investments
Topic: Can I Keep Investing in Vanguard Wellington Even After Rolling Over to Fidelity
Replies: 12
Views: 1013

Re: Can I Keep Investing in Vanguard Wellington Even After Rolling Over to Fidelity

Ok, just contacted Fidelity rep. Good news is that I can continue to invest in the Wellington Fund. But bad news is that I need to pay $75 transaction fee. Tough call! Dividends will be reinvested without incurring fees though. I've taken that fee hit at Schwab and Fidelity for buying Vanguard fund...
by 123
Wed Jun 05, 2019 5:39 pm
Forum: Personal Consumer Issues
Topic: Resort vacation w/ 6 month old...?
Replies: 30
Views: 1679

Re: Resort vacation w/ 6 month old...?

Your primary risk with a very young child on a trip is that they become ill and need the attention of a doctor. Due to an immature immune system they can be very vulnerable. It can be extraordinarily difficult to deal with some childhood illness and symptoms when you are away from home. The main pro...
by 123
Wed Jun 05, 2019 5:29 pm
Forum: Personal Consumer Issues
Topic: Being given charity that I don't need
Replies: 45
Views: 3534

Re: Being given charity that I don't need

A place I used to work for had 3 Vietnamese sisters that worked in assembly. Their family ran a restaurant which was very good and being a Vietnamese food aficionado I used to go there when in town. The bill was always silly-low so I used to tip about 200%. +1 When my regular barber shop closed an ...
by 123
Wed Jun 05, 2019 1:44 pm
Forum: Investing - Theory, News & General
Topic: How do you talk to investment advisors socially?
Replies: 31
Views: 2033

Re: How do you talk to investment advisors socially?

You could just not show up at any appointments or meetings the adviser arranges with you. Don't respond to invitations. Don't return their calls. Edited to add: People that don't have money to invest generally don't know much about investing. Sometimes expressing interest or knowledge about investin...
by 123
Wed Jun 05, 2019 1:30 pm
Forum: Personal Consumer Issues
Topic: Company requiring salaried employees to clock in?
Replies: 92
Views: 4760

Re: Company requiring salaried employees to clock in?

The more records a company maintains the greater the likelihood that those records can be used against the company in litigation. This is particularly true when it comes to records pertaining to employees. Time clock records can be particularly rewarding in the event of litigation. Records like time...
by 123
Wed Jun 05, 2019 10:49 am
Forum: Personal Consumer Issues
Topic: Smoke Alarms - Individual Battery Operated vs. Hard-Wired Linked
Replies: 28
Views: 1209

Re: Smoke Alarms - Individual Battery Operated vs. Hard-Wired Linked

If smoke or fire is detected anywhere a hard-wired system alerts everyone in the household, you can't ask for more than that.

There are now wi-fi smoke alarms available. I don't know if they'll replace hard-wired.
by 123
Tue Jun 04, 2019 4:45 pm
Forum: Personal Investments
Topic: Advise to simplify financial investments at a family Level
Replies: 5
Views: 528

Re: Advise to simplify financial investments at a family Level

Your post from June 2018 included foreign real estate with a $200K market value and a foreign account valued at $150K. Do you still have the additional foreign assets or are they now included in the assets you identified? Do you expect to retire in the US or do you expect to retire overseas? How lon...
by 123
Tue Jun 04, 2019 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Is it Wise to Remove Escrow if Bank Allows it?
Replies: 87
Views: 5429

Re: Is it Wise to Remove Escrow if Bank Allows it?

Yes it's time to put on your big boy (or girl) pants and handle property insurance and property tax payments yourself.
by 123
Tue Jun 04, 2019 12:29 pm
Forum: Personal Consumer Issues
Topic: Any Mint Mobile customers here?
Replies: 27
Views: 1619

Re: Any Mint Mobile customers here?

We switched a family member from Tmobile to Mint Mobile. Same network and works fine, less expensive. We prepaid 1 year at $20 monthly for the 8GB LTE data option.