Search found 6350 matches

by sport
Thu Feb 22, 2018 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: Buying a bond ladder not as easy as I thought
Replies: 11
Views: 949

Re: Buying a bond ladder not as easy as I thought

I don't think I can buy those via Interactive Brokers, can I? (I don't want to get off into the weeds, but for various reasons, the money is pretty much stuck there.) I would think you can buy CDs at any broker. They are not very liquid, so they are not advisable if you think you will need the mone...
by sport
Thu Feb 22, 2018 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: What is the most efficient method of taking RMDs from my IRA
Replies: 6
Views: 628

Re: What is the most efficient method of taking RMDs from my IRA

If you give donations to charities, you probably should make QCDs (Qualified Charitable Distributions) instead of using after tax money. The QCDs can count towards your RMD, but are not taxable. You must be at least 70.5 years old at the time you make a QCD. Accordingly, I make my QCDs as desired th...
by sport
Thu Feb 22, 2018 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: Buying a bond ladder not as easy as I thought
Replies: 11
Views: 949

Re: Buying a bond ladder not as easy as I thought

Perhaps CDs would meet your needs instead of bonds.
by sport
Thu Feb 22, 2018 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: What to do when no Admiral shares? Expense Ratio (Total World)
Replies: 19
Views: 1333

Re: What to do when no Admiral shares? Expense Ratio (Total World)

With the new expense ratios, the difference is .09%. If you are fortunate enough to have $100,000 in the account, the difference in the expenses is $90 per year. Keep in mind that the fund share price will vary more than that each day. It is really not very significant.
by sport
Thu Feb 22, 2018 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay partners for working your call
Replies: 53
Views: 2753

Re: How to pay partners for working your call

Can you just exchange calls for each other? Then, it seems no paperwork would be necessary.
by sport
Thu Feb 22, 2018 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Joint Taxable Account
Replies: 17
Views: 1019

Re: Joint Taxable Account

Before we married, our attorney recommended individual accounts instead of joint accounts. The only exception would be the checking account. His reason was protection of half of the assets in case of lawsuit. We now have separate trusts with each other as the secondary trustee and primary beneficiar...
by sport
Thu Feb 22, 2018 12:34 pm
Forum: Investing - Theory, News & General
Topic: Can you lose money in a Money Market savings account ?
Replies: 36
Views: 1905

Re: Can you lose money in a Money Market savings account ?

thank you for the clarification. it is also my understanding that the FDIC insurance coverage limit applies to the total funds held in all FDIC insured institutions in aggregate. So if you were well off and had 250k in one bank and 250k in another - your total insurance coverage is limited to 250k ...
by sport
Thu Feb 22, 2018 12:30 pm
Forum: Investing - Theory, News & General
Topic: Can you lose money in a Money Market savings account ?
Replies: 36
Views: 1905

Re: Can you lose money in a Money Market savings account ?

There is one other difference between MM funds and MM accounts. The yield of MM funds is the actual rate of the current short term "money market" minus the fund's expenses. The yield of a MM account is set by the bank to meet the needs of the bank.
by sport
Wed Feb 21, 2018 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on Intial SS Filing
Replies: 7
Views: 693

Re: Advice on Intial SS Filing

Whatever they tell you at the SS office or online, be sure to double check or otherwise verify what they say. In our experience, they make a lot of mistakes and are not above giving out wrong information. They never seem to say " I don't know, I'll find out." Instead, they seem to give it their best...
by sport
Wed Feb 21, 2018 12:10 pm
Forum: Personal Consumer Issues
Topic: When is Costco cash back coupon arriving?
Replies: 23
Views: 1813

Re: When is Costco cash back coupon arriving?

The Executive Member rebate comes on your anniversary date. The credit card rebate comes with the February bill.
by sport
Wed Feb 21, 2018 12:29 am
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 9095

Re: Do you wear a wedding band? [at a job interview]

As a married man, with the exception of a job where safety or sanitation was a concern (mechanic, machinist, etc.), any place that gave an interview advantage to me for not wearing a wedding ring would not be an appropriate place for me to work. For better or worse, and all that.... Most of the men...
by sport
Tue Feb 20, 2018 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Current Vanguard password practices?
Replies: 39
Views: 2443

Re: Current Vanguard password practices?

I feel like I'm as secure as possible from brute force attacks, at least where I don't have 20-character password limitations. :oops: I had one account that was, until recently, limited to 12 character passwords! I am trying to understand. It seems a brute force attack would involve many attempts t...
by sport
Mon Feb 19, 2018 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: For munis: state specific or non-state specific funds best?
Replies: 14
Views: 1210

Re: For munis: state specific or non-state specific funds best?

A common recommendation by forum member grabiner is to split the difference, and in a smart way if you're targeting Intermediate-term duration. Since the benefit is more for higher yielding funds, you can construct an intermediate-term bond portfolio with Long-term state-specific and limited-term n...
by sport
Sun Feb 18, 2018 5:33 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 9095

Re: Do you wear a wedding band?

My father never had one, so I did not want one. My bride did not object.
by sport
Sun Feb 18, 2018 5:30 pm
Forum: Personal Consumer Issues
Topic: Sams Club vs Costco
Replies: 66
Views: 5063

Re: Sams Club vs Costco

You may want to keep in mind that Costco has a lot more than food. For example, we have found a lot of nice clothing at good prices at Costco. Also, most clothing items there are sold in a quantity of "one".
by sport
Sun Feb 18, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: Good store for roller shades?
Replies: 12
Views: 891

Re: Good store for roller shades?

We bought our blinds/shades through Costco.
by sport
Sun Feb 18, 2018 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Did I make a horrible mistake with my 401a rollover?
Replies: 8
Views: 583

Re: Did I make a horrible mistake with my 401a rollover?

It seems like you did things correctly. You just have a tax return problem. There should be no taxes due because of your rollovers. You would only owe taxes if you rolled pretax money into the Roth IRA.
by sport
Sun Feb 18, 2018 4:54 pm
Forum: Personal Consumer Issues
Topic: Bogleheads with $100K+ MSRP cars?
Replies: 93
Views: 8867

Re: Bogleheads with $100K+ MSRP cars?

Reading this thread shows me how times have changed. My first car was a performance car. It was a new SS396. It set me back $2600 out the door price. I guess I'm showing my age. :)
by sport
Sun Feb 18, 2018 2:58 pm
Forum: Personal Consumer Issues
Topic: Sams Club vs Costco
Replies: 66
Views: 5063

Re: Sams Club vs Costco

Costco aims for more affluent customers, while Sam's aims for more of a "blue collar" type market. I once read an article comparing the two stores. The writer used a fine ladies sweater as an example. It would sell for about $100 in a department store and would be about $60 at Costco. He said that a...
by sport
Sat Feb 17, 2018 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: New to IRA
Replies: 5
Views: 321

Re: New to IRA

Either the most aggressive "Target Retirement Fund" or "Life Strategy Fund" would be good choices. These are all-in-one funds and will give you an appropriate exposure to stocks, bonds, and foreign stocks and bonds. Once you have them, you do not need to do anything else but put more money into them...
by sport
Sat Feb 17, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Amica reocurring double digit increases in homeowners insurance
Replies: 20
Views: 1420

Re: Amica reocurring double digit increases in homeowners insurance

The OP asked for a recommendation. My State Farm HO insurance renewed last April. The premium was lower than the previous year. I guess this is an advantage of living in Ohio. We don't get floods, hurricanes, forest fires, mudslides, etc. Real estate values are also more reasonable which also keeps...
by sport
Sat Feb 17, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Reinvesting RMDs
Replies: 18
Views: 2101

If you make only one withdrawal, you are not making any Qualified Charitable Distributions (QCDs). If you make any charitable donations, using QCDs will reduce your federal taxes and possibly your state tax income taxes if there are any. You must be older than 70.5 to do this. What I do is make QCDs...
by sport
Fri Feb 16, 2018 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: Amica reocurring double digit increases in homeowners insurance
Replies: 20
Views: 1420

Re: Amica reocurring double digit increases in homeowners insurance

The OP asked for a recommendation. My State Farm HO insurance renewed last April. The premium was lower than the previous year.
by sport
Fri Feb 16, 2018 5:08 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help Managing Some CD Cash
Replies: 6
Views: 431

Re: Need Help Managing Some CD Cash

Brokered CDs at Vanguard are now at 2.4% for two years and 2.6% for three years. There is not much more yield for longer terms.
by sport
Fri Feb 16, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: CDs in a Vanguard IRA?
Replies: 2
Views: 343

Re: CDs in a Vanguard IRA?

Yes CDs are available. They are brokered CDs, not direct CDs. There are advantages and disadvantages to each.
by sport
Fri Feb 16, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 88
Views: 6658

Re: Honda vs. Toyota: Which has more bang for the buck?

SeaToTheBay wrote:
Fri Feb 16, 2018 12:06 pm
The problem is finding an Accord to rent. Toyota and others inflate their sales numbers by selling to fleets. Honda generally doesn't and I have yet to see an Accord rental car.
You could probably rent one from a Honda dealer.
by sport
Fri Feb 16, 2018 4:52 am
Forum: Personal Finance (Not Investing)
Topic: House for sale AO with concern
Replies: 11
Views: 943

Re: House for sale AO with concern

This rolls the closing costs into the price of the house, and therefore into the loan. Otherwise, the buyer has to come up with the money for the closing costs.
by sport
Thu Feb 15, 2018 9:41 pm
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 76
Views: 4298

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

Shallowpockets wrote:
Thu Feb 15, 2018 8:54 pm
I suspect they don't care too much since they can collect these additional premiums from you and I.
I seem to recall reading that the insurance companies not only do not care, but they actually prefer it this way, for the reason you mentioned.
by sport
Thu Feb 15, 2018 4:56 pm
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 76
Views: 4298

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

I believe this covers more than medical expenses. It would cover the things you could sue the other driver for, if they had insurance, such as lost earnings, pain & suffering, long term health effects, wrongful death, etc. If your agent cannot explain this properly, perhaps you need a new agent.
by sport
Thu Feb 15, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Simple Vanguard Deposit Question
Replies: 10
Views: 607

Re: Simple Vanguard Deposit Question

I believe you can do this for a "mutual fund account" and you cannot do this in a brokerage account.
by sport
Wed Feb 14, 2018 11:40 pm
Forum: Personal Consumer Issues
Topic: Diamonds [Earrings and ring]
Replies: 13
Views: 890

Re: Diamonds [Earrings and ring]

Costco has good prices and selection of jewelry. They won't cheat you on value and their return policy is legendary. If DW does not want the items you select, she can easily exchange them for something she prefers. They also have a wide range of prices from inexpensive up to very expensive. They rec...
by sport
Wed Feb 14, 2018 6:56 pm
Forum: Personal Consumer Issues
Topic: Keep crows off of chimney caps
Replies: 29
Views: 1431

Re: Keep crows off of chimney caps

If you can arrange to have some ammonia fumes go up the chimney, it would be less pleasant up there. Ammonia is not flammable, and it will not harm the birds. However, I would think they would want to move away from it.
by sport
Wed Feb 14, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: C-Suite etiquette advise needed
Replies: 27
Views: 3661

Re: C-Suite etiquette advise needed

When I was a kid, my parents hosted a family celebration that included an open bar. My father, who enjoyed an occasional drink, wanted to be able to "have a drink" with any of his guests who asked. So, before the party started, he told the bar tender to give him a ginger ale, regardless of what he a...
by sport
Wed Feb 14, 2018 3:04 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 88
Views: 6658

Re: Honda vs. Toyota: Which has more bang for the buck?

3) Honda seems to skimp on what I consider great features. For example - my wife bought a high-end CRV - it did NOT have the smarthome buttons built in to control the garage doors so she had to carry a separate remote. Every Toyota and Subaru we ever owned (at least for the last 20 years) had these...
by sport
Wed Feb 14, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: C-Suite etiquette advise needed
Replies: 27
Views: 3661

Re: C-Suite etiquette advise needed

Many years ago when I was young, I declined alcohol at a corporate event. Afterwards, my VP asked if I had a drinking problem. I replied "No, I just don't believe in it". He said "Good for you. Don't let anyone talk you into it".
by sport
Tue Feb 13, 2018 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: RMD Two in One Year
Replies: 15
Views: 1289

Re: RMD Two in One Year

It should also be understood that if the first two RMDs are taken in the same year, the second RMD will be larger than if they were taken in separate years. The reason for this is that an RMD amount is based on the December 31 balance of the previous year. If you defer the RMD, your 12/31 balance wi...
by sport
Tue Feb 13, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: Costco Kirkland Brand Toothpaste
Replies: 22
Views: 2104

Re: Costco Kirkland Brand Toothpaste

There is another side to the coin. Costco often discontinues items they carry. However, this allows them to introduce new items that would otherwise not be available. They recently discontinued another item I liked to buy there. It comes with the territory. I just buy it elsewhere as best I can.
by sport
Tue Feb 13, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Obligation to use car insurance proceeds?
Replies: 22
Views: 1585

Re: Obligation to use car insurance proceeds?

I had hail damage to a car that was very hard to see. I took the car to a State Farm facility and they assessed the damage and I received a check. I just cashed it and never repaired the car. There was never a problem.
by sport
Mon Feb 12, 2018 8:24 pm
Forum: Personal Consumer Issues
Topic: Costco Kirkland Brand Toothpaste
Replies: 22
Views: 2104

Re: Costco Kirkland Brand Toothpaste

My complaint about toothpaste at Costco is that every product they carry is a "whitening" toothpaste. I want one that is not whitening. My crowns are matched to the tooth color I already have.
by sport
Mon Feb 12, 2018 8:07 pm
Forum: Personal Consumer Issues
Topic: Costco Kirkland Brand Toothpaste
Replies: 22
Views: 2104

Re: Costco Kirkland Brand Toothpaste

They don't have it on Costco.com either although they have 5 other toothpaste products there.
by sport
Mon Feb 12, 2018 10:27 am
Forum: Personal Consumer Issues
Topic: I’m not renewing my Costco membership.
Replies: 80
Views: 7151

Re: I’m not renewing my Costco membership.

On the other hand, we are a family of two. We have an Executive Membership at Costco. The 2% rebate is always large enough to pay for the additional membership cost. When used with the Costco Visa card, we get a total of 4% price reduction on everything we buy there. Occasionally we also find some "...
by sport
Sun Feb 11, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: How does one emotionally keep it together during market swings?
Replies: 70
Views: 4115

Re: How does one emotionally keep it together during market swings?

You should expect the market to do these things. It is not a matter of "if", it is only a matter of "when". If you expect it to happen, it won't bother you when it does.
by sport
Sun Feb 11, 2018 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Lumping charity vs paying off mortgage
Replies: 11
Views: 734

Re: Lumping charity vs paying off mortgage

With inflation at about 2%, the mortgage is almost free in real terms. I would rather pay it off using inflated dollars rather than accelerate the payments with current dollars. Before long, it is likely that you will be able to get a higher yield on FDIC insured CDs. Why the hurry to pay off such a...
by sport
Sun Feb 11, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes Withheld Different For Each Paycheck?
Replies: 10
Views: 848

Re: Taxes Withheld Different For Each Paycheck?

What does your payroll department say?
by sport
Sun Feb 11, 2018 1:05 am
Forum: Personal Consumer Issues
Topic: Financially secure, horrible workplace but just can't FIRE
Replies: 54
Views: 6309

Re: Financially secure, horrible workplace but just can't FIRE

The obvious attraction to retirement is the freedom to use your time as you wish. However, there is another major benefit that people often do not appreciate before they retire. It is the lack of stress. Every job has a stress level, and when you hate your job, that level of stress has to be high. I...
by sport
Sat Feb 10, 2018 7:53 pm
Forum: Investing - Theory, News & General
Topic: Borrow vs Pay Cash
Replies: 24
Views: 1854

Re: Borrow vs Pay Cash

If I was offered a low interest rate, I would try to get a price reduction instead. This is better because if something were to happen to the car during the loan period, insurance would pay to (mostly) replace the car and the benefit of the low payment would disappear. Conversely, if I get a lower p...
by sport
Sat Feb 10, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: How to enter tax information for forms that I don't have?
Replies: 20
Views: 1312

Re: How to enter tax information for forms that I don't have?

Is there a minimum amount beneath which we don't have to report the interest? I received exactly $1.00 in interest in my checking account. It seems silly to report that. What if I had received $5.00? Would that make a difference in the answer? I fill out the tax forms by hand and round to the neare...
by sport
Sat Feb 10, 2018 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: How to enter tax information for forms that I don't have?
Replies: 20
Views: 1312

Re: How to enter tax information for forms that I don't have?

I have a somewhat similar situation except that I have no idea how much interest to enter. My wife closed her old savings account and I'm pretty sure she made less than $10 in interest. She no longer has a working login or any statements. Do I just overestimate the amount so I don't trigger an audi...
by sport
Fri Feb 09, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: CD Ladder or Treasuries ?
Replies: 17
Views: 1414

Re: CD Ladder or Treasuries ?

There is no such thing as a "risk free portfolio". Even the money in your pocket has the risk of inflation. There is also opportunity risk. If your money is tied up in a CD and a better investment becomes available, you cannot take advantage of the opportunity. So, while you get to choose the type o...
by sport
Fri Feb 09, 2018 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: IRA withdrawals and withholding/underpayment question
Replies: 4
Views: 216

Re: IRA withdrawals and withholding/underpayment question

The reply is I can select no withholding or if I select withholding it must be a minimum of 10% and can be any percentage above that 10%, but no dollar amount withholding. Yes. One time I asked for a specific dollar amount to be withheld and the rep calculated the percentage that would approximate ...