Search found 700 matches

by snowman
Wed Jun 20, 2018 11:10 am
Forum: Personal Consumer Issues
Topic: Surprise - Costco sells - but does not install vehicle batteries
Replies: 68
Views: 3804

Re: Surprise - Costco sells - but does not install vehicle batteries

Takes 10 min to install a new battery. Would you pay others $50 install fee? Most places do it for free. Including stores like Napa, advance Auto parts, etc. That's true. They also charge a lot more for the battery. It's 2 nuts, 2-3 wrench turns each. It shouldn't take more than 5 minutes. Plus, Co...
by snowman
Wed Jun 20, 2018 10:48 am
Forum: Investing - Theory, News & General
Topic: New Capital One 360 ACH limits
Replies: 47
Views: 7428

Re: New Capital One 360 ACH limits

I don't really want to leave since a) I've been with ING Direct and 360 for years now b) I am happy with them except this one thing c) I have ATM card, checkbook, etc d) they have one of the best rates and consistently -- unlike most other places I know. Any suggestions folks? That the only place I...
by snowman
Mon Jun 18, 2018 1:46 pm
Forum: Investing - Theory, News & General
Topic: New Capital One 360 ACH limits
Replies: 47
Views: 7428

Re: New Capitol One 360 ACH limits

Got the same email. Been with them since ING days, and pretty much agree with all posts above. While they are not nearly as good as ING was, they were good enough for me to stay. The ACH feature is the best I found among different banks over the years, so my expectation is they will take it down to ...
by snowman
Fri Jun 08, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17545

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

Back to regularly scheduled programming... The short answer to OP is no – average kids do not receive merit aid. The bulk of merit scholarships goes to the top kids, and it quickly tapers off from there. It’s how schools compete for best students. You don't recruit average, unless the bulk of your s...
by snowman
Wed Jun 06, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: College Credit Union or National Bank for new college student
Replies: 5
Views: 308

Re: College Credit Union or National Bank for new college student

Been with CapitalOne since ING Direct days. Both of my kids have checking (with debit card) and savings account. It's a great bank with no branches. It allows easy transfers between accounts. The only potential downside is ATM withdrawals - CapOne is on AllPoint network, so see if any is available o...
by snowman
Mon Jun 04, 2018 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: How gameable is the FAFSA for the early retiree?
Replies: 24
Views: 2622

Re: How gameable is the FAFSA for the early retiree?

All Financial Aid offices are aware of this (and other "loopholes" like automatic 0 EFC). There are several issues with your strategy as has been pointed out: 1. Does not work with CSS Profile schools. 2. 14 states + DC do not let you skip FAFSA asset questions even if you qualify. 3. Assuming you q...
by snowman
Sat Jun 02, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17545

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

The IRS data retrieval tool did not work to pull in my data so I had to manually enter my 1040 info. I am not sure if using the IRS DRT if the fields come in shown online or not. Starting with 2018-2019 FA cycle, after many problems in the past, including major security breach, IRS DRT does not sho...
by snowman
Tue May 29, 2018 7:22 pm
Forum: Personal Consumer Issues
Topic: 13-year old Civic. Replace, or keep sinking money into it?
Replies: 51
Views: 3802

Re: 13-year old Civic. Replace, or keep sinking money into it?

Did not read all responses, apologize if I repeat advise already given. You can go either way, but me personally I would keep it. I do my own maintenance, own a Honda (2003 Accord), currently 230K miles, so that's the angle I am coming from. These cars (Civic/Accord) are easy to work on and inexpens...
by snowman
Tue May 29, 2018 7:00 pm
Forum: Personal Consumer Issues
Topic: Advice on neighbor not keeping up his property...
Replies: 103
Views: 7423

Re: Advice on neighbor not keeping up his property...

OP, I understand this may not be the most practical advise, but from the way you describe your neighbor and the things that bother you, you should be living in an HOA community. For all their faults, they generally do a good job to prevent stuff you are experiencing. I would give it serious consider...
by snowman
Wed May 23, 2018 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Capital One 360 Kids Checking card
Replies: 2
Views: 367

Re: Capital One 360 Kids Checking card

I don't think the color matters. You are just selecting who is going to be taxed on that small amount of interest. Maybe it's different if the teen is over 18, not sure. If there is a problem, the system will not let you move to the next page. You can also skip funding (at the bottom of the page). A...
by snowman
Mon May 21, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Savings Account emptied out!
Replies: 77
Views: 12325

Re: Chase Savings Account emptied out!

If they have the Chase routing number they can just guess at account numbers. Once they find an account number that works they can just keep transferring funds until it doesn't work anymore. Depending on the type of savings account did Chase also charge you any transfer or excessive use fees? That ...
by snowman
Mon May 21, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Finance a $28,000 house for Brother?
Replies: 73
Views: 5416

Re: Finance a $28,000 house for Brother?

Western PA, WV panhandle, Eastern Ohio. My high school buddy buys rental homes there. Never paid more than $10k. My wife grew up in the area back in the 50s-70s. It was a solid lower-middle class area, with most men working in steel mills and mines (women were generally stay at home moms). All thos...
by snowman
Thu May 17, 2018 10:40 am
Forum: Personal Consumer Issues
Topic: How to think about schools/homes (Greatschools/Niche)
Replies: 70
Views: 4767

Re: How to think about schools/homes (Greatschools/Niche)

I never heard of greatschools, so I just went there to see how our excellent schools are rated. Wow, expected better than 5, 5 and 7! I looked deeper as this makes no sense, and the schools got really bad marks for lack of diversity, equity, and some other non-relevant stuff. Got 10/10 for college r...
by snowman
Wed May 16, 2018 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE book recommendation request.
Replies: 17
Views: 1124

Re: FIRE book recommendation request.

lostdog wrote:
Wed May 16, 2018 2:34 pm
The Simple Path to Wealth.

https://www.amazon.com/dp/B01H97OQY2/re ... TF8&btkr=1
Yep, this is the one I would recommend as well. The best one out there.
by snowman
Wed May 16, 2018 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: What's the Safest Easiest Way to Terminate an Old KEOGH at Fidelity
Replies: 10
Views: 367

Re: What's the Safest Easiest Way to Terminate an Old KEOGH at Fidelity

OP, I just went through it several months ago, as I have terminated my business. I did everything through Fidelity, they have knowledgeable people. Fidelity converted keogh to traditional IRA, and I also filed form 5500-EZ with the IRS. The problem you have is that you are not supposed to own more t...
by snowman
Wed May 16, 2018 2:14 pm
Forum: Personal Consumer Issues
Topic: sharing cars with two kids home from college?
Replies: 25
Views: 1589

Re: sharing cars with two kids home from college?

Yes, it can be done. We did it last summer, and will do it again this year, starting today. I told both kids I am not buying a third car for the summer, but that we are willing to share our 2 cars. When the younger one said that's impossible, I said it surely is, but if she really wants a third car,...
by snowman
Wed May 16, 2018 9:48 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 983
Views: 176227

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

You could get $200 at FirstTrade. Includes IRAs. https://www.firstrade.com/landing/en-us/branding1/?#term_conditions Thank you for this suggestion. Transfer took less than a week, and the bonus was deposited into my account the following week. I was really impressed, everything went so fast and wit...
by snowman
Mon May 07, 2018 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Health insurance, do we need it and how?
Replies: 23
Views: 2622

Re: Health insurance, do we need it and how?

flyingaway, We are on a similar boat - we plan to sell the house next year as well, but want to RV full time, with occasional international travel. Personally, I would prefer to be a global nomad, but my wife rejected that idea. Good for you if both of you are on the same page, that's really importa...
by snowman
Tue May 01, 2018 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter starting college and I am retiring
Replies: 45
Views: 4562

Re: Daughter starting college and I am retiring

The state of FL sponsors full ride to NMF students who are FL residents and choose to go to in-state college, like UF and others. It is a very generous offer for the smartest FL kids and their families who end up paying zero for college education. For kids that want to stay in FL after graduation, ...
by snowman
Tue May 01, 2018 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter starting college and I am retiring
Replies: 45
Views: 4562

Re: Daughter starting college and I am retiring

Like there are rumors, I believe from news stories, about students being accepted into MIT, but turned down for University of Florida. The state of FL sponsors full ride to NMF students who are FL residents and choose to go to in-state college, like UF and others. It is a very generous offer for th...
by snowman
Tue May 01, 2018 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter starting college and I am retiring
Replies: 45
Views: 4562

Re: Daughter starting college and I am retiring

States has different rules when it comes to student keeping residency for in-state tuition purposes after parents move out of state. I am not familiar with VA rules, though it seems like you already got some info on that from another poster. I would strongly advise you to call the bursar office at t...
by snowman
Mon Apr 23, 2018 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Review after one month with Fidelity Cash Management
Replies: 40
Views: 10155

Re: Review after one month with Fidelity Cash Management

Here are my 2 cents. Banks are clearly treating their customers differently. I opened CMA only about 3 months ago, and have been impressed by the speed of ACH deposit, as well as availability of funds for withdrawal. It's usually the next business day - I push money from CapitalOne 360 Monday, and i...
by snowman
Thu Apr 19, 2018 11:50 am
Forum: Personal Consumer Issues
Topic: Another discussion about private vs public schools?
Replies: 79
Views: 4679

Re: Another discussion about private vs public schools?

See, this is the thing. Looking at the averages doesn't tell you how YOUR kid will do. The top 20% in most schools will get a good education, with AP classes, small classes (because less people take AP classes), and will be surrounded by other smart kids. You don't need a school 100% full of smart ...
by snowman
Wed Apr 18, 2018 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 11660

Re: Quitting job - what to do if getting walked to the door

If they can release you with no notice, you are under no obligation to give them an advance notice. This is a pretty good percentage of Corporate America - "employment at will" is pretty much the norm. However, expectation of 2 weeks notice is also still the norm. If you are sure you will never ret...
by snowman
Wed Apr 18, 2018 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 11660

Re: Quitting job - what to do if getting walked to the door

In many years as a manager at a large technology company I have never walked anyone the same day nor have I seen anyone getting walked to the door the same day even if they went to a direct competitor (which is very common). So it very much depends on the company. I have also never understood what ...
by snowman
Wed Apr 18, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 11660

Re: Quitting job - what to do if getting walked to the door

When I was still in corporate world, I was in both positions - being walked out, as well as walking out my employees. So speaking from experience. You already received good advice, right on target. I will just offer some additional pointers. First and foremost, your husband needs to understand compa...
by snowman
Mon Apr 16, 2018 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Deductible Medical Expenses....
Replies: 20
Views: 1100

Re: Deductible Medical Expenses....

It is 7.5%. HRB is calculating it correctly, I would assume TT does the same. It's not going to be "closer" to one number or another. If you are on ACA, make sure you calculate insurance premiums correctly.
by snowman
Sun Apr 15, 2018 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Consultant leaning toward 1099 instead of W2 and looking for advice
Replies: 8
Views: 719

Re: Consultant leaning toward 1099 instead of W2 and looking for advice

The advise you received on mortgage is 100% correct! 2 years of your personal tax returns is the minimum requirement. Some lenders will ask for more paperwork and it may take 2-4 month to finally get approved. Or it may fall through, you just never know. Speaking from experience - been in the 1099 s...
by snowman
Tue Apr 10, 2018 3:27 pm
Forum: Personal Consumer Issues
Topic: Driver's permit before 18 - Any financial incentive
Replies: 52
Views: 2024

Re: Driver's permit before 18 - Any financial incentive

siamond, you need to do a mental switch in your head, this is not Europe where teenagers hop on a bus/trolley/tram/train any time they need to go anywhere. I had similar concerns with my kids, but my wife (American) assured me this is the right thing to do. Financially - your specific question - you...
by snowman
Fri Apr 06, 2018 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Undecided students and STEM majors
Replies: 51
Views: 4351

Re: Undecided students and STEM majors

I am not an engineer, but we went through the admissions cycle 3 years ago with my son, and this time around with my daughter. They both wanted to study engineering, they kind of knew what they would prefer but weren't really sure. I say that's typical for 17-18 year olds. So it was very important t...
by snowman
Tue Apr 03, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: ACA/tIRA question
Replies: 14
Views: 748

Re: ACA/tIRA question

A contribution to a tIRA reduces your income by that amount. Unless it is a non-deductible contribution because your income is too high. However, if your income is too high for a deductible tIRA contribution, then you don't qualify for ACA subsidies. No my income isn't to high now but I intend to d...
by snowman
Sat Mar 31, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Liability for 32 year old step son living home
Replies: 79
Views: 8666

Re: Liability for 32 year old step son living home

Under the new tax law, I don't think it's to your benefit to claim him as dependent on your taxes. The personal exemption is gone, and I don't believe you will get dependent care credit for able body 32-year old adult. That credit is designed for kids in college or parents being cared for by their a...
by snowman
Sat Mar 31, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: Nice article on saving money and financial independence
Replies: 36
Views: 5311

Re: Nice article on saving money and financial independence

"Her goal is to amass a portfolio that throws off $2,"000 a month for life..." Assuming she's looking at dividends ("throw off" rather than sell), and being the long term dividend rate is right around 2%, that means that she needs to have at least a portfolio valued at $1.2M. Not an impossible situ...
by snowman
Fri Mar 30, 2018 2:38 pm
Forum: Personal Consumer Issues
Topic: Amica Increase
Replies: 59
Views: 6209

Re: Amica Increase

Still, it really got us PO'd that State Farm made such a big deal over a lousy $2,000 repair! This reminds me of how Liberty Mutual handled our claim in similar circumstances about 20 years ago. They sent an adjuster, who immediately cut us a check of $2K on the spot. I was shocked and impressed - ...
by snowman
Wed Mar 28, 2018 12:53 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 19241

Re: A lot of heavy hitters this morning

Newbie444 wrote:
Wed Mar 28, 2018 12:13 pm
The windfall is actually from sale of a house that I happened to have bought at the bottom of the housing market which has undergone insane appreciation since then.

Thanks for replying, makes sense. Good luck to you!
by snowman
Wed Mar 28, 2018 12:06 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 19241

Re: A lot of heavy hitters this morning

I'm the $600k windfall poster, and if it makes you feel any better, I grew up extremely poor in the projects living on public assistance. Due to that background, I made financial success a number one priority in my life and was able to achieve it with a lot of hard work, major sacrifices, and some ...
by snowman
Wed Mar 28, 2018 10:59 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 19241

Re: A lot of heavy hitters this morning

There have been many threads about this topic in the past. I watched the forum for several years before I decided to join 5 years ago. It definitely had a feel of rich people discussing their first world problems, and it still feels that way to me. However, there is a ton of useful information here,...
by snowman
Wed Mar 28, 2018 10:22 am
Forum: Personal Consumer Issues
Topic: Hyundai Kona
Replies: 25
Views: 3235

Re: Hyundai Kona

I'm a little hesitant about buying a brand new model... I would never buy the first model year of a brand new vehicle. Yes. Did that once. Never again. 2nd....always wait until year 2 to work out the problems. Agreed, but I would make it MY 3 instead of MY 2. Some major issues don't surface until M...
by snowman
Tue Mar 27, 2018 5:31 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard sends out erroneous "not enough money in settlement fund" notice]
Replies: 94
Views: 6618

Re: Concerns with Vanguard

I got the same email this morning too, sure raised my blood pressure instantly! Not enough money in my money market account - either transfer funds in immediately, or Vanguard will sell some of my securities. I called right away, pressed the number to be called back due to high call volume. When the...
by snowman
Tue Mar 27, 2018 12:06 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 983
Views: 176227

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Earl Lemongrab wrote:
Tue Mar 27, 2018 12:02 am
You could get $200 at FirstTrade. Includes IRAs.

https://www.firstrade.com/landing/en-us ... conditions
Thank you!
by snowman
Mon Mar 26, 2018 2:06 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 983
Views: 176227

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

So I finally decided to move from TDA to ME. All I have are retirement accounts - big IRA for each of us, and small Roth for myself. I spoke with ME and was told that only one IRA per account holder qualifies for any of their bonus offer, even if the bonus offers are different. So both traditional I...
by snowman
Thu Mar 08, 2018 3:26 pm
Forum: Personal Consumer Issues
Topic: 0W-20 Synthetic Motor Oil
Replies: 58
Views: 7394

Re: 0W-20 Synthetic Motor Oil

I will take advantage though the rebate is limited to participating retailers and Costco isn't one of them, and neither is Walmart. Those stores have the cheapest Mobil1 in my area. But with the rebate I still come out ahead. This promo has been going on for many year. Walmart is not listed, but yo...
by snowman
Wed Mar 07, 2018 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 ACH speed?
Replies: 10
Views: 1147

Re: Capital One 360 ACH speed?

OP, I understand your concern. I just learned the other day from my son that his Schwab account takes 4-5 business days to process incoming ACHs! I found that incredible in this day and age. I don't have Capital One MM, but I have had 360 checking account for many, many years (since early orange ING...
by snowman
Wed Mar 07, 2018 9:38 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 983
Views: 176227

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I've done a few transfer outs from TDA, including two this past year. APEX was still active as of late last year, so not ACATS out fee for my accounts. If the transfer out fee is assessed without sufficient balance, it shows as a negative balance in the account and persists during the transfer. I h...
by snowman
Tue Mar 06, 2018 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Are you ready for Amazon checking?
Replies: 42
Views: 6147

Re: Are you ready for Amazon checking?

MnD wrote:
Tue Mar 06, 2018 4:35 pm

They haven't mentioned anything about excessive delays. They aren't transferring funds in from another linked bank account though.
Thanks for replying. I told my son to also open online savings account, so that's where his deposits are coming from.
by snowman
Tue Mar 06, 2018 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Are you ready for Amazon checking?
Replies: 42
Views: 6147

Re: Are you ready for Amazon checking?

Schwab banking in principle is very good (I have an account), but in practice it has slow processing times for deposits, and banking alerts are non-existent (two critical features of a checking account in my opinion). If you want to know what your balance is or our worried about fraud, you must man...
by snowman
Tue Mar 06, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Are you ready for Amazon checking?
Replies: 42
Views: 6147

Re: Are you ready for Amazon checking?

Both my kids have Schwab checking - free everything including photo check deposit, reimbursement of all ATM fees and it pays some interest. One asked me why anyone would not have a Schwab checking account - they said all their friends checking accounts were much inferior deals. But if Amazon has a ...
by snowman
Tue Mar 06, 2018 3:09 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 983
Views: 176227

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I have 3 questions, and a little rant. Appreciate all responses. If you move out of TDA completely and close your accounts, and it's all in ETFs with maybe $10 in cash, how does TDA assess $75 transfer fee? If you decide to leave the account open, does the ACAT form allow to specify amount of cash t...
by snowman
Tue Mar 06, 2018 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Just out of college, new job w/ 401k
Replies: 18
Views: 1546

Re: Just out of college, new job w/ 401k

Roth, not traditional.

Zero bonds. Re-evaluate after 20 years.

International - pick any number between 20 and 40, and stick with it. The number you pick doesn't matter, sticking with the picked number is what matters.

Don't stress over debt, but make a plan to get rid of it over time.

Good luck!
by snowman
Wed Feb 28, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: Costco 'Goodyear' wiper blades
Replies: 43
Views: 6170

Re: Costco 'Goodyear' wiper blades

It's the only item Costco carries I returned twice. They are not worth it no matter what the price. I agree with Bosch wipers - worth the money, owned them for 20+ years, not once a bad blade. The last pair I bought is Michelin from Walmart - I wanted to see how they compare to Bosch Excel+. It's ro...