Search found 7922 matches

by sport
Sat Apr 20, 2019 2:52 pm
Forum: Personal Consumer Issues
Topic: USPS In transit Arriving Late
Replies: 16
Views: 818

Re: USPS In transit Arriving Late

A first class envelope that was sent from an address in Utah to another address in Utah arrived at my Cleveland Ohio home yesterday. Usually the post office works as planned, but sometimes not so much.
by sport
Sat Apr 20, 2019 11:08 am
Forum: Personal Investments
Topic: Dividends & Capital Gains Distributions options within IRA, for QCD, RMD & Re-balancing?
Replies: 2
Views: 132

Re: Dividends & Capital Gains Distributions options within IRA, for QCD, RMD & Re-balancing?

As long as the money is in the IRA, you can move it around any way you wish. There are no tax consequences. It does not matter whether or not you reinvest dividends. RMD money must be removed from the IRA account. Moving money within the IRA does not count towards your RMD. Keep in mind that while a...
by sport
Fri Apr 19, 2019 2:26 pm
Forum: Personal Consumer Issues
Topic: Q: Aetna + GoodRx. Will Aetna count it toward your deductible?
Replies: 7
Views: 505

Re: Q: Aetna + GoodRx. Will Aetna count it toward your deductible?

How does Good Rx work? Why is the price lower than otherwise? How does Good Rx make any money? It's not insurance. What is it? https://support.goodrx.com/hc/en-us/articles/360001302523-How-does-GoodRx-make-money- Thanks. That is interesting. However, it does not explain how they can have prices so ...
by sport
Fri Apr 19, 2019 12:34 pm
Forum: Personal Consumer Issues
Topic: Q: Aetna + GoodRx. Will Aetna count it toward your deductible?
Replies: 7
Views: 505

Re: Q: Aetna + GoodRx. Will Aetna count it toward your deductible?

How does Good Rx work? Why is the price lower than otherwise? How does Good Rx make any money? It's not insurance. What is it?
by sport
Fri Apr 19, 2019 12:20 pm
Forum: Personal Consumer Issues
Topic: Cape Cod to Colonial
Replies: 6
Views: 794

Re: Cape Cod to Colonial

Would it not be simpler, easier, and less expensive to find the kind of house you want, rather than buy something you don't want and then have to convert it?
by sport
Fri Apr 19, 2019 10:14 am
Forum: Personal Consumer Issues
Topic: Air Purifier for Bedroom?
Replies: 14
Views: 896

Re: Air Purifier for Bedroom?

Some allergies are related to dust mites. To attenuate dust mites, put an allergy specific mattress cover over your mattress and wash your sheets once a week in hot water (130F+). Alternately, run them through a dryer at 130F+. In addition, put "allergy proof" cases on your pillow(s). The regular p...
by sport
Thu Apr 18, 2019 10:11 am
Forum: Personal Investments
Topic: Locked into [American Funds] - best choices?
Replies: 14
Views: 825

Re: Locked into AF - best choices?

If you make cash donations to charities, donate appreciated shares instead and use the cash to buy replacement shares in low cost index funds.
by sport
Wed Apr 17, 2019 4:21 pm
Forum: Personal Consumer Issues
Topic: microwave that doesnt beep forever?
Replies: 24
Views: 1410

Re: microwave that doesnt beep forever?

Our first built-microwave was a GE with touch screen controller. When the controller died, the replacement part was $535. The repair company, who does not sell new ones, said "don't fix it, buy a new one." Then there is my GE fridge and GE stove. No more GE appliances for me...ever.
by sport
Wed Apr 17, 2019 4:05 pm
Forum: Personal Consumer Issues
Topic: Am I getting the runaround from my dentist?
Replies: 19
Views: 1916

Re: Am I getting the runaround from my dentist?

My dentist, who is very expensive and out of network, does not require any payment at the time of service. He sends a claim to the insurance, and sends me a bill. The bill and the insurance check come to me at about the same time. I then send payment to the dentist. My last bill was about $1100 for ...
by sport
Tue Apr 16, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Savings account for child?
Replies: 35
Views: 1430

Re: Savings account for child?

Going to the bank to make a deposit makes kids feel really "grown up". It is more of an "adult thing" than a "kids thing". If the bank is within walking distance of home, so they can go by themselves, so much the better. Even if it is old-fashioned, it is an introduction to the financial world and a...
by sport
Tue Apr 16, 2019 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Payment for an auto accident claim (?)
Replies: 10
Views: 692

Re: Payment for an auto accident claim (?)

I had a car that was damaged by a hail storm when it was about 4 years old. My insurance gave me a check for about $2000 (this was 20 years ago). The car did not look bad; it was hard to see the damage. So, I just kept the money and did not repair the car. Later, when I traded in that car, the deale...
by sport
Tue Apr 16, 2019 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Savings account for child?
Replies: 35
Views: 1430

Re: Savings account for child?

Instead of a joint account, you can/should open a UGMA (wrong letters?) account. With this type of account, a parent controls the account, but the money belongs to the minor child. When the child reaches a specified age (18 or 21 depending on your state) the account should be retitled to the child.
by sport
Mon Apr 15, 2019 6:07 pm
Forum: Personal Investments
Topic: Confused about IRA RMD date
Replies: 18
Views: 966

Re: Confused about IRA RMD date

Another consideration. If you delay the first RMD into 2021, your second RMD, which is for 2021, will be larger than if you took your first RMD in 2020. The reason for this is that your 2021 RMD will be calculated based on your account balance on 12/31/2020. So, if you delay the first RMD past 12/3...
by sport
Mon Apr 15, 2019 4:25 pm
Forum: Personal Investments
Topic: Confused about IRA RMD date
Replies: 18
Views: 966

Re: Confused about IRA RMD date

Another consideration. If you delay the first RMD into 2021, your second RMD, which is for 2021, will be larger than if you took your first RMD in 2020. The reason for this is that your 2021 RMD will be calculated based on your account balance on 12/31/2020. So, if you delay the first RMD past 12/3...
by sport
Mon Apr 15, 2019 2:32 pm
Forum: Personal Investments
Topic: Confused about IRA RMD date
Replies: 18
Views: 966

Re: Confused about IRA RMD date

Another consideration. If you delay the first RMD into 2021, your second RMD, which is for 2021, will be larger than if you took your first RMD in 2020. The reason for this is that your 2021 RMD will be calculated based on your account balance on 12/31/2020. So, if you delay the first RMD past 12/31...
by sport
Mon Apr 15, 2019 10:59 am
Forum: Personal Consumer Issues
Topic: Is Brooks Brothers Shirts are in sale ?
Replies: 17
Views: 1629

Re: Is Brooks Brothers Shirts are in sale ?

$50 for a shirt seems expensive. Look at these for a comparison...
https://www.costco.com/mens-dress-shirt ... |&dept=All
by sport
Sun Apr 14, 2019 7:57 pm
Forum: Personal Investments
Topic: VMRXX vs. VMFXX MM Fund for excess cash/ EF
Replies: 6
Views: 406

Re: VMRXX vs. VMFXX MM Fund for excess cash/ EF

Wiggums wrote:
Sun Apr 14, 2019 7:55 pm
Vanguard Prime Money Market Fund Admiral Shares (VMRXX)

Vanguard Federal Money Market Fund (VMFXX)
IIRC Vanguard Prime MM Admiral has a 5MM minimum purchase. At least it was when I invested in it... :twisted:
by sport
Sun Apr 14, 2019 12:18 pm
Forum: Personal Investments
Topic: If you have plenty of money, why not 100% stocks in retirement?
Replies: 107
Views: 6948

Re: If you have plenty of money, why not 100% stocks in retirement?

miamivice wrote:
Sun Apr 14, 2019 10:41 am
Stocks have returned 8% on average. My return on average for 10 years has been right around 11%.
Averages can be misleading. You can drown in a lake with an average depth of 3 inches if you step in a hole.
by sport
Sun Apr 14, 2019 10:36 am
Forum: Personal Investments
Topic: If you have plenty of money, why not 100% stocks in retirement?
Replies: 107
Views: 6948

Re: If you have plenty of money, why not 100% stocks in retirement?

If you have already "won the game", why keep playing? Consider a retiree with a 5MM portfolio. That would be "plenty of money" for most people. How would they feel if they made investment choices that resulted in turning that portfolio into 2MM? They worked their whole life to amass that really nice...
by sport
Sat Apr 13, 2019 9:44 pm
Forum: Personal Investments
Topic: Increasing Risk in Retirement
Replies: 26
Views: 2121

Re: Increasing Risk in Retirement

In retirement, is your goal growth of capital, or preservation of capital? Your AA should be chosen with your goal in mind.
by sport
Sat Apr 13, 2019 3:16 pm
Forum: Personal Investments
Topic: Confused regarding which year RMD is being taken, 2018 or 2019?
Replies: 5
Views: 557

Re: Confused regarding which year RMD is being taken, 2018 or 2019?

Perhaps you can cash the check at the bank that issued it. Since it is their check, they may not have a problem accepting it, even if it is too old for other uses.
by sport
Fri Apr 12, 2019 2:09 pm
Forum: Personal Consumer Issues
Topic: Soon to be dad, how to prepare
Replies: 127
Views: 5831

Re: Soon to be dad, how to prepare

When you equip the baby's bedroom, you will need a crib. Do not buy a baby dresser. That furniture will need to be replaced in a few years. If you have a girl, buy a lady's dresser. If you have a boy, buy a man's chest of drawers. That way, when they get too old for the crib, you will just need to b...
by sport
Fri Apr 12, 2019 2:05 pm
Forum: Personal Consumer Issues
Topic: Soon to be dad, how to prepare
Replies: 127
Views: 5831

Re: Soon to be dad, how to prepare

Buy more life and disability insurance if you do not already have enough.
by sport
Fri Apr 12, 2019 2:00 pm
Forum: Personal Investments
Topic: Opening a IRA at ages 64
Replies: 20
Views: 1404

Re: Opening a IRA at ages 64

If you want to open an IRA for 2018 you should note that 4/15/2019 is the last day you can do that. Once you pass that date, it will be too late and there is no way to fix that.
by sport
Fri Apr 12, 2019 10:12 am
Forum: Personal Finance (Not Investing)
Topic: How to transfer Ibonds from Treasury Direct?
Replies: 6
Views: 560

Re: How to transfer Ibonds from Treasury Direct?

I believe you cannot hold savings bonds in a brokerage account. Savings bonds cannot be traded. They can only be purchased from the Treasury or redeemed by the Treasury.
by sport
Fri Apr 12, 2019 9:31 am
Forum: Personal Investments
Topic: VMMXX for emergency fund? tax implications?
Replies: 11
Views: 1445

Re: VMMXX for emergency fund? tax implications?

The purpose of an emergency fund is not earnings. It is liquidity. To have the liquidity you need, you have to give up some earnings potential. That being said, Vanguard also has a municipal money market fund. It is exempt from federal taxation. However, it has a lower yield than the Prime MM fund. ...
by sport
Thu Apr 11, 2019 10:58 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 586
Views: 44582

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

- and, oh by the way, the $250 minimum on Prime MM no longer exists. This is very interesting. I use these checks for QCDs. After I verify this is the case, I will ask Vanguard for a new checkbook that does not state the $250 minimum on each check. Let us know what you find out since I was planning...
by sport
Thu Apr 11, 2019 10:26 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 586
Views: 44582

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

3 - there will NOT be a $250 minimum on checks drawn on it - and, oh by the way, the $250 minimum on Prime MM no longer exists. Can you set up an ACH pull based on that checkwriting information? Not a deposit, but if I wanted to pay my Amex could I put in the routing and account number of the Prime...
by sport
Wed Apr 10, 2019 6:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 586
Views: 44582

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

friar1610 wrote:
Wed Apr 10, 2019 4:19 pm
- and, oh by the way, the $250 minimum on Prime MM no longer exists.
This is very interesting. I use these checks for QCDs. After I verify this is the case, I will ask Vanguard for a new checkbook that does not state the $250 minimum on each check.
by sport
Tue Apr 09, 2019 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Hospice and Medicare Advantage Plans - a little known Catch22
Replies: 40
Views: 3072

Re: Hospice and Medicare Advantage Plans - a little known Catch22

Is this the case for some MA plans or all MA plans?
by sport
Tue Apr 09, 2019 10:11 pm
Forum: Personal Consumer Issues
Topic: Ceiling fan install (high ceiling)
Replies: 32
Views: 1814

Re: Ceiling fan install (high ceiling)

We had a problem with a fan on our high ceiling. It turned out to be a bad switch. Just saying...
by sport
Tue Apr 09, 2019 11:07 am
Forum: Personal Finance (Not Investing)
Topic: How to account for issues with savings bond 1099-INT income?
Replies: 8
Views: 472

Re: How to account for issues with savings bond 1099-INT income?

I would try this:
File a paper return. Attach a letter of explanation along with copies of the invoices from the treasury. Maybe that would be acceptable.
by sport
Mon Apr 08, 2019 6:41 pm
Forum: Personal Investments
Topic: Another newbie Vanguard IRA question
Replies: 7
Views: 669

Re: Another newbie Vanguard IRA question

There is a limit to how much you can contribute to an IRA per year. You must have earned income which apparently is not a problem for you. However, the limit is $6000 at your age IIRC.
by sport
Sun Apr 07, 2019 3:05 pm
Forum: Personal Investments
Topic: Hit your number, retire and boom a correction?
Replies: 67
Views: 7861

Re: Hit your number, retire and boom a correction?

What I want to know is if I live to 110, am I supposed to leverage my portfolio so I can hold my age in bonds?:) I used DW's age because she is younger. However, when we got to 35/65, we stopped decreasing equities and have had it at this level ever since. It is an allocation we are comfortable wit...
by sport
Sun Apr 07, 2019 11:21 am
Forum: Personal Investments
Topic: Hit your number, retire and boom a correction?
Replies: 67
Views: 7861

Re: Hit your number, retire and boom a correction?

I take a conservative "age in bonds" approach. If you retire at age 65, this means that you are 35% stocks. If the market should drop 50%, then your portfolio will be down only about 18%. This seems to be a risk that one could live with and not lose any sleep. IMO, during retirement, capital preser...
by sport
Sun Apr 07, 2019 10:52 am
Forum: Personal Investments
Topic: Hit your number, retire and boom a correction?
Replies: 67
Views: 7861

Re: Hit your number, retire and boom a correction?

I take a conservative "age in bonds" approach. If you retire at age 65, this means that you are 35% stocks. If the market should drop 50%, then your portfolio will be down only about 18%. This seems to be a risk that one could live with and not lose any sleep. IMO, during retirement, capital preserv...
by sport
Sat Apr 06, 2019 9:25 pm
Forum: Personal Investments
Topic: Vanguard Checkwriting Account
Replies: 20
Views: 1789

Re: Vanguard Checkwriting Account

Kinda curious. What happens if you write a check for 249.99 and write "limits LOL" in the memo field? "Not Valid for less than $250.00" is printed on each check. If you wrote one for less, Vanguard/their bank would be able to properly reject it and refuse payment. Even if you were able to get one a...
by sport
Sat Apr 06, 2019 9:21 pm
Forum: Personal Investments
Topic: Vanguard Checkwriting Account
Replies: 20
Views: 1789

Re: Vanguard Checkwriting Account

livesoft wrote:
Sat Apr 06, 2019 8:50 pm
Is there also a limit to number of checks per month?
None, as far as I know.
by sport
Sat Apr 06, 2019 8:13 pm
Forum: Personal Investments
Topic: Vanguard Checkwriting Account
Replies: 20
Views: 1789

Re: Vanguard Checkwriting Account

Any of Vanguard's money market funds would be a good choice for this. Keep in mind, however, that Vanguard checks must be at least $250.
by sport
Sat Apr 06, 2019 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Consulting Fees Redirected to Charity
Replies: 17
Views: 1024

Re: Consulting Fees Redirected to Charity

Can't you just have an agreement with the company? Perhaps it could even be an informal verbal agreement. You will do the work if they make the donation you want. You would never see the money, so it would not be income to you.
by sport
Sat Apr 06, 2019 10:33 am
Forum: Personal Consumer Issues
Topic: Eye glasses - cheaper alternates
Replies: 45
Views: 2846

Re: Eye glasses - cheaper alternates

If you do not want to buy glasses on line, Costco has much lower prices than most other places. Costco also takes a lot of vision insurance. We used to have vision insurance, but it did not cover glasses purchased at Costco. However, we found that Costco without insurance was less expensive than us...
by sport
Sat Apr 06, 2019 10:29 am
Forum: Personal Consumer Issues
Topic: Computer Security
Replies: 16
Views: 1677

Computer Security

In a number of threads on computer security, I have seen recommendations for Malwarebytes. How is this different from a virus protection program and should I have both?
by sport
Sat Apr 06, 2019 10:14 am
Forum: Personal Investments
Topic: First Republic Eagle Invest
Replies: 3
Views: 218

Re: First Republic Eagle Invest

HEDGEFUNDIE wrote:
Sat Apr 06, 2019 9:23 am
Any experiences with this online broker? What is the interface like, mutual fund availability, etc?

Will be moving a substantial portion of my investable assets to them soon.
It seems you have made a decision before getting the information you should have. :?:
by sport
Sat Apr 06, 2019 10:10 am
Forum: Personal Consumer Issues
Topic: Eye glasses - cheaper alternates
Replies: 45
Views: 2846

Re: Eye glasses - cheaper alternates

...the people at the Warby Parker store are helpful and actually know how to adjust glasses (unlike Costco). This would seem to depend on the particular Costco you go to. The opticians at my local Costco do a very good job. Also, once they do an adjustment, they suggest you walk around the store an...
by sport
Sat Apr 06, 2019 9:11 am
Forum: Personal Consumer Issues
Topic: Eye glasses - cheaper alternates
Replies: 45
Views: 2846

Re: Eye glasses - cheaper alternates

If you do not want to buy glasses on line, Costco has much lower prices than most other places.
by sport
Fri Apr 05, 2019 3:53 pm
Forum: Personal Investments
Topic: Vanguard: Opening Roth IRA for minor
Replies: 4
Views: 293

Re: Vanguard: Opening Roth IRA for minor

Of course, you are aware that the minor must have earned income to be able to use an IRA.
by sport
Fri Apr 05, 2019 1:56 pm
Forum: Personal Investments
Topic: How would you rebalance?
Replies: 4
Views: 251

Re: How would you rebalance?

Exchange funds. Do it all at once. The stock market has gone up a lot lately. This would be a good time to do it.
by sport
Fri Apr 05, 2019 10:34 am
Forum: Personal Finance (Not Investing)
Topic: New Car Fund
Replies: 13
Views: 668

Re: New Car Fund

My thought is that you never know when you might need to replace a car. The present car could get stolen or wrecked... One should be sure that they have adequate insurance coverage. Of course. However, my newer car is a 2013 model. If it were wrecked, the insurance would not be enough to buy a new ...
by sport
Fri Apr 05, 2019 9:39 am
Forum: Personal Finance (Not Investing)
Topic: New Car Fund
Replies: 13
Views: 668

Re: New Car Fund

My thought is that you never know when you might need to replace a car. The present car could get stolen or wrecked. So, I use a Vanguard Money Market Fund for my car fund. I don't get the highest return on my investment. However, it never goes down and it is always immediately available when I need...
by sport
Thu Apr 04, 2019 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Boglehead teachers or those married to one: some questions about career and life...
Replies: 101
Views: 6491

Re: Boglehead teachers or those married to one: some questions about career and life...

Well, look at that, I learned something today! OP, teacher here but have nothing really to add to the conversation. I'm well-compensated in a fairly LCOL area. I feel "trapped" by the fact that I will suffer quite the monetary loss if I were to try to move or change jobs, but I'm in my home distric...