Search found 6699 matches

by sport
Sat May 26, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance - has Surrender Value
Replies: 2
Views: 185

Re: Term Life Insurance - has Surrender Value

Perhaps it is a pro-rated return of unused premium if you surrender the policy.
by sport
Sat May 26, 2018 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Transferred my Roth (American Funds) to Vanguard, but money stayed in AF funds
Replies: 3
Views: 318

Re: Transferred my Roth (American Funds) to Vanguard, but money stayed in AF funds

Yes, there are no tax consequences in an IRA for buying and selling. An exchange would be from one Vanguard fund to another. In your case, just sell what you don't want and buy what you do want. Just be sure to keep everything within the IRA. Do not make any withdrawals.
by sport
Sat May 26, 2018 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Purchasing CDs: Ally in Fidelity vs Ally direct
Replies: 2
Views: 381

Re: Purchasing CDs: Ally in Fidelity vs Ally direct

Some other differences: A direct CD usually allows compounding of interest within the CD. A brokered CD pays out the interest to your sweep account. A direct CD may automatically renew. The renewal rate is sometimes very unattractive. Brokered CDs do not renew. The principle is paid into your sweep ...
by sport
Sat May 26, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 292
Views: 22715

Re: Do people still use AAA?

AAA batteries are made by Johnson controls.. Same people who make walmart brand, toyota, and more. They are pretty much all the same. What you need to pay attention to is how fresh they are when they're installed. When you but them in a store, you can check that. It's not clear that the battery AAA...
by sport
Fri May 25, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 206
Views: 28169

Re: 2-year CDs at Vanguard and Fidelity Today

Still learning about brokered CDs. For new issues, are the following 3 new issues essentially the same at 2.80%? 05581WXZ3 61747MZ95 949763RD0 issued by BMO Harris, Morgan Stanley, and Wells Fargo, respectively. Thanks! The only difference I can see is that Wells Fargo pays interest monthly while t...
by sport
Thu May 24, 2018 10:12 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 292
Views: 22715

Re: Do people still use AAA?

BogleMelon wrote:
Thu May 24, 2018 9:31 pm
Since I subscribed with AAA a year ago I never received a map! Should I ask for them?
As far as I know, you have to go into a AAA office and ask for whatever maps you want. There is no charge for them.
by sport
Thu May 24, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody had CD with Columbia Bank, NJ
Replies: 12
Views: 718

Re: Anybody had CD with Columbia Bank, NJ

I cannot comment on that bank. However, Vanguard now has brokered CDs at 3% for 3 years and 2.8% for 2 years.
by sport
Tue May 22, 2018 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: RE: Merchant services.
Replies: 4
Views: 374

Re: RE: Merchant services.

Such service is available from Costco: https://www.costco.com/merchant-account.html
by sport
Tue May 22, 2018 3:50 pm
Forum: Personal Consumer Issues
Topic: Bird Nest in bathroom exhaust fan vent
Replies: 10
Views: 963

Re: Bird Nest in bathroom exhaust fan vent

I had this problem with a dryer vent. I had a vent cleaning company vacuum out the vent. However, the birds returned the next year. So, I had the vent cleaned out again. Then, they installed a plastic "cage" over the vent opening. It is now impossible for the birds to enter. The cost to clean one ve...
by sport
Mon May 21, 2018 8:52 am
Forum: Investing - Help with Personal Investments
Topic: Need help firing my financial advisor
Replies: 16
Views: 2222

Re: Need help firing my financial advisor

jwkde wrote:
Mon May 21, 2018 6:47 am
Fidelity reimbursed the closing fee when I moved my assets from an FA to Fidelity. Not sure if Vanguard will do the same
From what other people have written, V will not reimburse such fees. OTOH, they will not charge such a fee if you leave them.
by sport
Mon May 21, 2018 2:14 am
Forum: Personal Finance (Not Investing)
Topic: Trusts and Bank Accounts
Replies: 17
Views: 1145

Re: Trusts and Bank Accounts

Thank you for the explanation. It still seems unnecessarily complicated.
by sport
Sun May 20, 2018 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: Need help firing my financial advisor
Replies: 16
Views: 2222

Re: Need help firing my financial advisor

If you are moving anything "in kind" from a taxable account, be sure to find out the cost basis before you move it. Once the move is made, your old account will be closed and the cost basis info (probably?) may no longer be available.
by sport
Sun May 20, 2018 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Trusts and Bank Accounts
Replies: 17
Views: 1145

Re: Trusts and Bank Accounts

afan wrote:
Sun May 20, 2018 6:50 pm
You might try avoiding the checking account in the trust.
The checking account is not in the trust. This is part of the problem. We received the same advice you did about keeping the checking account out of the trust.
by sport
Sun May 20, 2018 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Trusts and Bank Accounts
Replies: 17
Views: 1145

Re: Trusts and Bank Accounts

Sport, I think you need a new bank. Actually, it is two banks. :annoyed At the first bank, I withdrew the proceeds from a maturing CD. I wanted the check in my name. Bank said "no". It must be made out to "sport, trustee". At the second bank, I wanted to deposit the check into my checking account. ...
by sport
Sun May 20, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Trusts and Bank Accounts
Replies: 17
Views: 1145

Re: Trusts and Bank Accounts

Gill wrote:
Sun May 20, 2018 4:04 pm
It doesn’t appear the bank is trustee so no trust officer involved.
Gill
Correct. I am the trustee.
by sport
Sun May 20, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Trusts and Bank Accounts
Replies: 17
Views: 1145

Re: Trusts and Bank Accounts

The branch manager just said that trusts can cause inconvenience. Whenever I ask him the question "why" for anything, he tells me that he does not make the rules. He is nice and very friendly. He tries to help within the scope of his authority.
by sport
Sun May 20, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Trusts and Bank Accounts
Replies: 17
Views: 1145

Trusts and Bank Accounts

Other than my checking account, I have my banking and financial accounts in a revocable trust. I have found that if I have a bank account, such as a CD, and I want to withdraw the money, the bank insists on making the check payable to me as trustee, rather than just me, despite my request to remove ...
by sport
Sun May 20, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 111
Views: 8783

Re: Helping Adult Children (but not too much)

But I would pay for a wedding... We told our daughter how much we would pay towards her wedding. We gave them the money and told them they could spend it on the wedding, or they could do anything else they wanted with it. I hoped they would invest it for retirement, or use it towards the purchase o...
by sport
Sat May 19, 2018 9:19 pm
Forum: Personal Consumer Issues
Topic: Where to find movers for a couch?
Replies: 16
Views: 1100

Re: Where to find movers for a couch?

If the friend is using a mover for their move, perhaps they could also move the couch and drop it off at your place.
by sport
Sat May 19, 2018 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Very old series EE savings bond
Replies: 3
Views: 610

Re: Very old series EE savings bond

You will get a 1099 INT from the bank for 2018. The money is taxed as ordinary income for federal taxes. It is exempt from state taxes.
by sport
Sat May 19, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 111
Views: 8783

Re: Helping Adult Children (but not too much)

Our grown children are self-sufficient. We do not feel that it is necessary to subsidize them. However, when one of them wanted to do an overseas adoption, we told them we would foot the bill for the adoption expenses. It came to about 30K. I feel that we purchased a grandchild and we are very happy...
by sport
Fri May 18, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: Bonded Leather [Office chair]
Replies: 18
Views: 2187

Re: Bonded Leather [Office chair]

Jags4186 wrote:
Fri May 18, 2018 6:25 am
I’d just buy a new non leather chair.
That is what I did, a year and a half ago.
by sport
Tue May 15, 2018 8:51 pm
Forum: Personal Consumer Issues
Topic: Patio furniture cover in the northeast
Replies: 9
Views: 517

Re: Patio furniture cover in the northeast

Short answer: buy a car cover. Soft underneath and more pliable. My wife and I bought a large cast aluminum table for our deck. The salesman suggested a cover for $250...to make sure this table last the 20 plus years we plan to stay at our house we figure they know what they are talking about. Dumb...
by sport
Tue May 15, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: Would you be willing to temporarily change your AA?
Replies: 27
Views: 1511

Re: Would you be willing to temporarily change your AA?

I will give a different opinion: Most market corrections are of the "ordinary" kind, just due to economic cycles and lower expected earnings for most companies. However, 2008 was very different, IMO. Our economic system was coming apart at the seems with major companies going bankrupt. Lehman Brothe...
by sport
Tue May 15, 2018 12:26 pm
Forum: Personal Consumer Issues
Topic: Car mileage, Fuel additives and other
Replies: 31
Views: 1434

Re: Car mileage, Fuel additives and other

Make sure your tires are properly inflated.
by sport
Tue May 15, 2018 12:15 pm
Forum: Personal Consumer Issues
Topic: Medical billing and negotiated rates ?
Replies: 8
Views: 784

Re: Medical billing and negotiated rates ?

Yes, if there were a negotiated rate for the primary care visit, it would apply to you. This is one of the benefits of dental plans. Even if there is a low annual maximum benefit and you exceed it, you still get the negotiated rates. Of course, this is true only if the doctor/dentist is in the netw...
by sport
Tue May 15, 2018 10:58 am
Forum: Personal Consumer Issues
Topic: Medical billing and negotiated rates ?
Replies: 8
Views: 784

Re: Medical billing and negotiated rates ?

Yes, if there were a negotiated rate for the primary care visit, it would apply to you. This is one of the benefits of dental plans. Even if there is a low annual maximum benefit and you exceed it, you still get the negotiated rates. Of course, this is true only if the doctor/dentist is in the netw...
by sport
Tue May 15, 2018 9:46 am
Forum: Investing - Theory, News & General
Topic: "5-Star Funds That Are Less Than Meets The Eye"
Replies: 4
Views: 989

Re: "5-Star Funds That Are Less Than Meets The Eye"

When my employer set up their 401k plan, they went to a major law firm and had them provide an investment policy statement. They did this to avoid the possibility of employee lawsuits for having an improper plan. This high-priced attorney specified choosing funds on the basis of Morningstar Star Rat...
by sport
Sat May 12, 2018 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: Tax gain harvesting with two accounts at Vanguard
Replies: 7
Views: 392

Re: Tax gain harvesting with two accounts at Vanguard

PFInterest wrote:
Sat May 12, 2018 8:29 pm
There are restrictions for selling for a gain. Why do you want to?
If the tax bracket is low enough and the gain is small enough, there are no taxes for the realized capital gain.
by sport
Sat May 12, 2018 8:31 pm
Forum: Personal Consumer Issues
Topic: Water leaking from shared wall in condo - next steps?
Replies: 21
Views: 2321

Re: Water leaking from shared wall in condo - next steps?

Update: Wall was red herring. I was able to reproduce this by turning on washing machine at high water setting. It appears the drainage pipe either is pushing out water at too high pressure or it has a leak. As always, very thankful for the tips. I hope I don't ever get a leaky wall but if do, I wi...
by sport
Sat May 12, 2018 8:29 pm
Forum: Personal Consumer Issues
Topic: Why did Capital One 360 say my cell phone couldn't be verified?
Replies: 9
Views: 989

Re: Why did Capital One 360 say my cell phone couldn't be verified?

There are a lot of other banks. I would consider finding one that that was less troublesome.
by sport
Sat May 12, 2018 4:48 pm
Forum: Personal Consumer Issues
Topic: Water leaking from shared wall in condo - next steps?
Replies: 21
Views: 2321

Re: Water leaking from shared wall in condo - next steps?

Update: Wall was red herring. I was able to reproduce this by turning on washing machine at high water setting. It appears the drainage pipe either is pushing out water at too high pressure or it has a leak. As always, very thankful for the tips. I hope I don't ever get a leaky wall but if do, I wi...
by sport
Sat May 12, 2018 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Cancer - tips?
Replies: 37
Views: 6718

Re: Cancer - tips?

In addition to the power of attorney for financial affairs, you need a power of attorney for health care. You may also want a document that addresses extreme measures to keep you alive, if you do not want them (I forget the name for that document). You and your spouse also need documents to provide ...
by sport
Fri May 11, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Payment in Lieu of Health Benefits
Replies: 10
Views: 862

Re: Payment in Lieu of Health Benefits

If her employer paid her the full amount, they would also have to pay social security tax on that, unless she is over the limit. They do not need to pay SS tax on health care costs. So, the full amount would be too much. In my experience, when pay is offered in lieu of health insurance, the amount i...
by sport
Fri May 11, 2018 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Admiral vs Investor shares
Replies: 4
Views: 610

Re: Vanguard Admiral vs Investor shares

You must be above the minimum amount required in each account. You cannot aggregate them to reach the minimum.
by sport
Thu May 10, 2018 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Widower
Replies: 6
Views: 980

Re: Social Security Widower

In my experience, SS agents are just as likely to give you incorrect information as they are to be correct. You should find out the answers to the questions before you ask them.
by sport
Thu May 10, 2018 9:28 pm
Forum: Personal Consumer Issues
Topic: Used car, $20K-$25K
Replies: 43
Views: 3773

Re: Used car, $20K-$25K

Take a look at a Toyota Avalon. I believe it meets your requirements.
by sport
Thu May 10, 2018 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: How to find reputable person for Will/Trust?
Replies: 41
Views: 3068

Re: How to find reputable person for Will/Trust?

I asked an attorney who does not do this type of work. He recommended one that does.
by sport
Thu May 10, 2018 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Mail Check or Wire Funds from Vanguard IRA fund to Bank IRA CD??
Replies: 14
Views: 870

Re: Mail Check or Wire Funds from Vanguard IRA fund to Bank IRA CD??

I have a 2008 Vanguard IRA in a 2020 retirement fund. I want to transfer it to an Ally Bank IRA CD. You should also be aware that you can put your IRA money into a CD at Vanguard. There would be no transfer, you would get a good rate, and it would take just a few clicks on the mouse. The only hitch...
by sport
Thu May 10, 2018 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Liability or Comprehensive Insurance for $8K Book Value SUV
Replies: 14
Views: 614

Re: Liability or Comprehensive Insurance for $8K Book Value SUV

Then an uninsured driver hit me and it was her fault. I got nothing for my car since that's covered under comprehensive... In my state, that would be covered under collision coverage. Comprehensive is for fire, theft, malicious damage, weather damage, etc. I have $50 deductible comprehensive covera...
by sport
Thu May 10, 2018 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: RMDS, Taxes, Social Security timing
Replies: 16
Views: 1714

Re: RMDS, Taxes, Social Security timing

This is because the survivors benefit is 100% of the higher earner’s benefit, so maximizing this benefit provides a benefit for the maximum duration. If the survivor is the lower earner/lower SS benefit person, she/he will automatically get the higher benefit when that person passes. There is an ex...
by sport
Thu May 10, 2018 1:44 pm
Forum: Investing - Theory, News & General
Topic: Any issues with upgrading Vanguard taxable account to brokerage?
Replies: 19
Views: 1676

Re: Any issues with upgrading Vanguard taxable account to brokerage?

It is interesting/strange/puzzling that an "upgrade" results in the loss of functionality. I would think that an improvement in function would be more appropriate.
by sport
Thu May 10, 2018 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Liability or Comprehensive Insurance for $8K Book Value SUV
Replies: 14
Views: 614

Re: Liability or Comprehensive Insurance for $8K Book Value SUV

Liability insurance is essential. It keeps you from losing your assets if you are sued and lose. You could easily lose hundreds of thousands of $$$. Comprehensive coverage is usually inexpensive. It covers non-collision damage or theft of the vehicle.
by sport
Thu May 10, 2018 12:17 pm
Forum: Investing - Theory, News & General
Topic: Any issues with upgrading Vanguard taxable account to brokerage?
Replies: 19
Views: 1676

Re: Any issues with upgrading Vanguard taxable account to brokerage?

Getting back to the original question: There was a post that beneficiaries had disappeared and had to be specified again. You cannot have automatic transfer between funds. You may have to redo all the bank information. Everything goes through the sweep account. You cannot have directed distributions...
by sport
Wed May 09, 2018 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: company matching
Replies: 4
Views: 592

Re: company matching

Two reasons:
1. They want to encourage you to contribute at least 6%.
2. If you contribute less than 6%, the matching money is less.
by sport
Wed May 09, 2018 8:06 pm
Forum: Investing - Theory, News & General
Topic: Rolling CD investing
Replies: 1
Views: 427

Re: Rolling CD investing

I would prefer to have longer term CDs and have an assortment of maturity dates. For example, as of now, a 2-year CD can be obtained that has a 2.75% rate. This is better than the one year rate. After one year, you can get another 2-year CD and then the maturity dates are staggered. Most often, peop...
by sport
Wed May 09, 2018 12:01 pm
Forum: Personal Consumer Issues
Topic: How to remove garden hose nozzle that is stuck on a hose
Replies: 40
Views: 2929

Re: How to remove garden hose nozzle that is stuck on a hose

My hose has brass fittings. To avoid this problem, I have tried to find a nozzle that is brass or has a brass insert to avoid corrosion caused by different metals. I have not had any luck finding a nozzle with brass threads. Plastic eliminates the problem. However, the plastic nozzles are usually ch...
by sport
Wed May 09, 2018 11:41 am
Forum: Investing - Help with Personal Investments
Topic: purchasing cd's
Replies: 18
Views: 1877

Re: purchasing cd's

This should tell you what you need to know about CDs at Vanguard.

https://personal.vanguard.com/us/conten ... ontent.jsp
by sport
Wed May 09, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: Vehicle Tires and Dry Rot
Replies: 20
Views: 2074

Re: Vehicle Tires and Dry Rot

TresBelle65 wrote:
Wed May 09, 2018 5:36 am
What made me a bit suspicious is that the Toyota service writer has been trying to throw everything under the sun at me to add onto this simple service visit.
You might do better using a good independent mechanic instead of a dealer for service. Ask your friends for recommendations.
by sport
Mon May 07, 2018 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Stick with E*Trade or move to Vanguard?
Replies: 15
Views: 1429

Re: Stick with E*Trade or move to Vanguard?

If you like Etrade, you could get the ETF equivalent of the Vanguard Total Stock Market. The ETF has the same ER as the admiral fund.