Search found 6912 matches

by sport
Tue Jul 17, 2018 7:56 pm
Forum: Personal Consumer Issues
Topic: Auto Insurance, best way to compare
Replies: 3
Views: 261

Re: Auto Insurance, best way to compare

There are often (usually?) discounts for multiple policies. So, shop all your policies when you compare rates.
by sport
Tue Jul 17, 2018 8:54 am
Forum: Personal Finance (Not Investing)
Topic: New book based on Millionaire Next Door
Replies: 11
Views: 2443

Re: New book based on Millionaire Next Door

I read the first book and learned from it. However, it all comes down to this: If you spend all your money, you won't have any.
by sport
Tue Jul 17, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: Have you ever purchased a pricy musical instrument?
Replies: 57
Views: 2315

Re: Have you ever purchased a pricy musical instrument?

Sometimes you can get lucky. When I was looking for a good trumpet for DS, I saw an add in the newspaper. When we went to the sellers house, it turned out they had two trumpets for sale, one professional horn and one for students. I had a good idea of the value of the instruments and made a reasonab...
by sport
Mon Jul 16, 2018 3:15 pm
Forum: Personal Consumer Issues
Topic: Have you ever purchased a pricy musical instrument?
Replies: 57
Views: 2315

Re: Have you ever purchased a pricy musical instrument?

I bought a professional quality trumpet for DS and a professional quality clarinet for DD. Bought both of them used for a fraction of the new price. DD's music teacher steered us to the clarinet. Found the trumpet in a newspaper ad.
by sport
Sun Jul 15, 2018 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone not have a Budget?
Replies: 95
Views: 4919

Re: Anyone not have a Budget?

When we were younger, I used the following system: I was paid twice monthly. Out of the first paycheck, I made a contribution to a MM fund that covered all the large irregular bills such as insurance premiums and real estate taxes. Out of the second paycheck, I made a contribution to a MM fund for a...
by sport
Sun Jul 15, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Life Cycle Fund
Replies: 4
Views: 467

Re: Vanguard Life Cycle Fund

If you have less than $5,000 in the 401k, they may require you to withdraw/transfer the money.
by sport
Sun Jul 15, 2018 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: How to find a good CPA?
Replies: 7
Views: 466

Re: How to find a good CPA?

You can ask for a recommendation from the owner of any small business you deal with, such as the barber, dry cleaner, mechanic, etc.
by sport
Sun Jul 15, 2018 1:05 pm
Forum: Personal Consumer Issues
Topic: Bounced check
Replies: 27
Views: 2735

Re: Bounced check

It seems the problem of confusing which account to use could be eliminated by simply using a check register (gasp!) for each account. When you write a check, and enter in the register, it would be immediately apparent if there was not enough money to cover the check. But I forget, check registers ar...
by sport
Sun Jul 15, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: How often do you buy a primary residence?
Replies: 46
Views: 3664

Re: How often do you buy a primary residence?

We bought our first house when it was 5 years old and stayed there for 35 years. We have been in our second house 12 years (bought new). We love the house and have no desire to ever move. We moved from the first house when it no longer met our needs. As far as we can plan, we will move from here onl...
by sport
Sat Jul 14, 2018 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Online Savings Account w/o thawing CR
Replies: 18
Views: 1087

Re: Online Savings Account w/o thawing CR

Their MM fund look liked it was yielding less than 1.75% over the past year. Historic yield means little when looking at a MM fund. The current SEC yield is what you will receive now. Yields have been increasing for the last two years, or so. Vanguard Prime Money Market fund is currently yielding 2...
by sport
Fri Jul 13, 2018 3:14 pm
Forum: Personal Consumer Issues
Topic: Kitchen Remodel
Replies: 23
Views: 1701

Re: Kitchen Remodel

When we built our new house, we used Permastone luxury vinyl tile in the kitchen. It is low maintenance, and still looks very nice after 12 years. We have been very happy with it.
by sport
Fri Jul 13, 2018 3:02 pm
Forum: Investing - Theory, News & General
Topic: Morgan Stanley Wealth Management
Replies: 8
Views: 1015

Re: Morgan Stanley Wealth Management

But but but, banks are so trustworthy... :shock:
by sport
Fri Jul 13, 2018 12:17 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bond Yielding 9%
Replies: 9
Views: 1188

Re: Treasury Bond Yielding 9%

If inflation was about 12% and apparently heading higher, how anxious would you be to buy a long term bond at that rate? Money market funds were paying 18% back then. A true story: In the early 1980's, I had some money I wanted to invest safely. I found an AT&T 30 year bond, with 27 years to go in t...
by sport
Fri Jul 13, 2018 10:28 am
Forum: Investing - Help with Personal Investments
Topic: Convert VTSMX and VIVAX to ETFs?
Replies: 4
Views: 288

Re: Convert VTSMX and VIVAX to ETFs?

Buying and selling ETFs is more complex than mutual funds. Before you convert those funds, make sure you understand the differences and are comfortable dealing with the ETF mechanisms. At Vanguard, there is no cost to buy or sell their mutual funds or ETFs.
by sport
Fri Jul 13, 2018 9:23 am
Forum: Personal Consumer Issues
Topic: My roof looks like a patchwork quilt/insurance companies (UPDATE!!!)
Replies: 14
Views: 1497

Re: My roof looks like a patchwork quilt/insurance companies

This has left us with a roof that is structurally sound but not very attractive. Multiple patches of new shingles mixed in with the other faded 8 year old shingles. I just had some shingles replaced on my roof. The roof is 13 years old. The new shingles are almost indistinguishable from the old one...
by sport
Fri Jul 13, 2018 9:20 am
Forum: Personal Consumer Issues
Topic: My roof looks like a patchwork quilt/insurance companies (UPDATE!!!)
Replies: 14
Views: 1497

Re: My roof looks like a patchwork quilt/insurance companies

Some time ago, the SF web site indicated that they give a discount on your HO insurance if you use hale-resistant shingles on the roof. I don't know if this still applies, but it would pay to find out. I believe they specified the brand(s) and part number of the shingles they would accept for this.
by sport
Thu Jul 12, 2018 11:38 pm
Forum: Investing - Help with Personal Investments
Topic: Investing for my homeowner's association
Replies: 31
Views: 1539

Re: Investing for my homeowner's association

Be careful of any investment restrictions in your bylaws. My HO association bylaws specify bank accounts.
by sport
Thu Jul 12, 2018 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Why is capital one's 18 month CD paying less than their 12 month CD and so on?
Replies: 6
Views: 1179

Re: Why is capital one's 18 month CD paying less than their 12 month CD and so on?

Sometimes I see one of the local credit unions in my area have some sort of special where an apparently random term CD has an unusually high interest rate for awhile. I have no idea why this is. Generally this is a tactic used by community banks for interest rate risk control purposes, such as matc...
by sport
Thu Jul 12, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Buying CDs from Vanguard
Replies: 20
Views: 2507

Re: Buying CDs from Vanguard

Wouldn't the delay give the CD buyer an opportunity to cancel the purchase if a better CD became available during the delay?
by sport
Thu Jul 12, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Buying CDs from Vanguard
Replies: 20
Views: 2507

Re: Buying CDs from Vanguard

I noticed this and it is a bit odd to sometimes wait several days, but you can tell that from the info for the CD. I am not sure why this process is followed? I am also not sure why one cares that the funds in the settlement account are not tied up, if I understand what you are saying, as they are ...
by sport
Thu Jul 12, 2018 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Keeping a checkbook register
Replies: 122
Views: 9187

Re: Keeping a checkbook register

I am surprised to learn how progressive my county is for the payment of RE taxes. They charge a fee for the use of a credit card, just like the others mentioned here. However, they have set an arrangement with one of the banks to collect the payments using ACH through that bank, even if you do not h...
by sport
Thu Jul 12, 2018 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Sub-Asset Allocation Model, Personal Advisor Service
Replies: 10
Views: 1019

Re: Vanguard Sub-Asset Allocation Model, Personal Advisor Service

If you edit your post to include the names of the funds, you may get a better response to your question.
by sport
Wed Jul 11, 2018 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: 70 yr old about to take 1st RMD
Replies: 9
Views: 1414

Re: 70 yr old about to take 1st RMD

That means you do NOT have to maintain much in FDRXX to complete your RMD, certainly not 150k. Since securities change value in real time, and if you do not want to exceed your RMD amount, you would first transfer the number of shares you calculate would add up to around 97% of your RMD and transfe...
by sport
Wed Jul 11, 2018 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: 70 yr old about to take 1st RMD
Replies: 9
Views: 1414

Re: 70 yr old about to take 1st RMD

Generally, you should do your QCD as your first distribution, because if you take an RMD distribution prior to the QCD, the QCD cannot offset the taxes on the earlier distributions. Alan, My understanding is that you can make a QCD for any part of your RMD and get the tax benefits. For example, if ...
by sport
Tue Jul 10, 2018 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: What's up with Wells Fargo
Replies: 27
Views: 2870

Re: What's up with Wells Fargo

DVMResident wrote:
Tue Jul 10, 2018 1:19 pm
Dumb question: what happens when an account is classified as abandoned?
It is turned over to the state government. You would then have to apply to the unclaimed funds department of that state to reclaim your money without interest.
by sport
Tue Jul 10, 2018 1:07 pm
Forum: Personal Consumer Issues
Topic: Masterbath Remodel - Tub or No Tub ?
Replies: 57
Views: 3200

Re: Masterbath Remodel - Tub or No Tub ?

Just as a point of reference: My development has over 100 homes. The builder included a shower and a jetted tub in all the master baths. The second bath has a conventional tub with shower.
by sport
Tue Jul 10, 2018 10:04 am
Forum: Personal Consumer Issues
Topic: Travel credit cards
Replies: 18
Views: 1452

Re: Travel credit cards

I use the Costco credit card for travel. It rebates 3% for travel expenses (air fares, car rental, hotels, etc.) and restaurants.
by sport
Tue Jul 10, 2018 10:01 am
Forum: Investing - Help with Personal Investments
Topic: What's up with Wells Fargo
Replies: 27
Views: 2870

Re: What's up with Wells Fargo

btenny wrote:
Tue Jul 10, 2018 9:33 am
My wife has a Roth account there that has not had a deposit or withdrawal for years. We check it regularly. No letter from Wells about that. But the stocks and bonds in the account do earn $$$$.
Yours is a brokerage account. If the OP has a bank account, the rules are different.
by sport
Tue Jul 10, 2018 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Management at Megacorp
Replies: 26
Views: 2942

Re: Management at Megacorp

It should be easier to get into management at your present employer, because they know you and value your abilities. Once you have some management experience, it will be easier to get management positions elsewhere.
by sport
Mon Jul 09, 2018 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: When bond indexes are unavailable
Replies: 5
Views: 629

Re: Is three a crowd for retirement accounts?

Which accounts are TIRA, Roth IRA, 401K, 403B, etc?
by sport
Mon Jul 09, 2018 5:48 pm
Forum: Personal Consumer Issues
Topic: Should I contact GMC about A/C issues?
Replies: 42
Views: 1897

Re: Should I contact GMC about A/C issues?

If it is out of warranty, they probably will not do anything for you. However, it cannot hurt to try. If they do not help, an independent mechanic can probably make the repairs for a lower cost than the dealer.
by sport
Sat Jul 07, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting Back to Parents
Replies: 14
Views: 1437

Re: Gifting Back to Parents

...some concern on their end about giving up investment control to the funds and giving up funds that could be available as emergency funds for themselves. If the funds are in your wife's name, how are they controlling it? Is it still a custodial account even though your wife is an adult? Who is pa...
by sport
Sat Jul 07, 2018 2:10 pm
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 162
Views: 19233

Re: Replace car battery after X years or wait till it dies?

As I indicated I haven't been stranded by a dead battery in decades nor has any family member. Past performance is not an indication of future results. :) Unless your mechanic prices his labor at $0, an $80 replacement with labor is going to involve a very low-end battery... No, he is a good mechan...
by sport
Sat Jul 07, 2018 12:24 pm
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 162
Views: 19233

Re: Replace car battery after X years or wait till it dies?

You are throwing away many years of battery life if you do it soon enough to guarantee you won't have to deal with a dead battery. Dead battery if you have multiple vehicles (to jump with or go to the store to buy a replacement) , a home charger/tester and jumper cables seems like a pretty trivial ...
by sport
Sat Jul 07, 2018 11:30 am
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 162
Views: 19233

Re: Replace car battery after X years or wait till it dies?

In a previous life, I was an auto battery engineer. The length of time a battery will last depends mostly time, mileage, and the ratings of the battery (a higher rated battery will last longer). However, this is mostly beside the point. The cost and inconvenience of being stuck when the battery die...
by sport
Sat Jul 07, 2018 11:23 am
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 162
Views: 19233

Re: Replace car battery after X years or wait till it dies?

Help me to understand what you mean by "cell reversal". I fully understand how internal damage can short one or more of the 6 cells in the typical 12v auto battery, but have no idea what you mean by "cell reversal". Can you possibly link to a reference that actually describes such an incident? Brie...
by sport
Sat Jul 07, 2018 9:31 am
Forum: Investing - Theory, News & General
Topic: Sizing Up Fidelity and Vanguard Managers
Replies: 2
Views: 442

Re: Sizing Up Fidelity and Vanguard Managers

The link is behind a "paywall".
by sport
Sat Jul 07, 2018 9:22 am
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 162
Views: 19233

Re: Replace car battery after X years or wait till it dies?

lazydavid wrote:
Sat Jul 07, 2018 9:13 am
Thus, if you read the voltage of that individual cell, you will get some low negative value like -0.2V.
How did you measure the voltage of individual cells?
by sport
Sat Jul 07, 2018 1:41 am
Forum: Investing - Help with Personal Investments
Topic: Bond questions
Replies: 9
Views: 788

Re: Bond questions

In addition to all of the previous responses, there are municipal bond funds. These funds hold bonds issued by the states and local governments. The reason for these funds is that such interest can be exempt from federal income taxes. There are even municipal bond funds from governments within a sin...
by sport
Fri Jul 06, 2018 9:55 pm
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 162
Views: 19233

Re: Replace car battery after X years or wait till it dies?

A number of posters have stated that they wait for a battery to fail before they replace it. IMO this is a false economy. 1. If the battery is old, you will probably need to replace it before too long anyway. 2. If the battery fails, you will have to deal with the inconvenience and cost of the failu...
by sport
Fri Jul 06, 2018 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: IRS letter on my 2016 return - taxes on backdoor Roth??
Replies: 10
Views: 2020

Re: IRS letter on my 2016 return - taxes on backdoor Roth

I had one problem with the IRS when I followed their instructions and they said I owed money anyhow. I called them and explained the problem and that was the end of it.
by sport
Fri Jul 06, 2018 2:10 pm
Forum: Investing - Theory, News & General
Topic: Capping Emergency Fund
Replies: 53
Views: 4732

Re: Capping Emergency Fund

When I was working, I kept my EF in a CD ladder at a local bank. In normal times, it was part of my "fixed income" allocation. When unemployment occurred, I had 3 "tiers" for the EF. 1. All accumulated interest was available for withdrawal without penalty. 2. I could change the CDs from reinvest to ...
by sport
Fri Jul 06, 2018 9:27 am
Forum: Personal Consumer Issues
Topic: Repair car, new or rent for cross country trip
Replies: 13
Views: 674

Re: Repair car, new or rent for cross country trip

Costco has new wheels for a 2013 Odyssey for about $160 each. Sold in sets of 4.
https://www.costco.com/Velox-Custom-Veh ... 25150.html
by sport
Thu Jul 05, 2018 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: paying off mortgage while I have high income?
Replies: 11
Views: 1873

Re: paying off mortgage while I have high income?

I'm thinking in the same direction. As my cash position increases we may well make some payments on the principle from time to time, but probably not pay it all down at once. Mortgage balance is $180,000 at 2.75%, and income is in the $275,000 range. At 4.6%, prepaying part of the mortgage can make...
by sport
Thu Jul 05, 2018 3:22 pm
Forum: Personal Consumer Issues
Topic: Multi-unit garbage woes..
Replies: 20
Views: 1484

Re: Multi-unit garbage woes..

We don't have dumpsters. However, when the units were being built, the builder had dumpsters. He put up some cameras in strategic places and had little problem. The cameras were placed near the roofs so they could not be tampered with. Now, I don't know if the cameras were real or dummys, but they s...
by sport
Wed Jul 04, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Just divide what you've got by what you'll spend??
Replies: 21
Views: 2788

Re: Just divide what you've got by what you'll spend??

Most people don't want to know how long it will last, they want to know how much they can spend each year. Once you retire, the length of a retirement depends on how long you live. This is an unknown for most people, and there is little to do about it. What you need to know is how much can you spend...
by sport
Tue Jul 03, 2018 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Buying CDs from Vanguard
Replies: 20
Views: 2507

Re: Buying CDs from Vanguard

invstar wrote:
Tue Jul 03, 2018 11:48 am
See this: https://youtu.be/IcXPgQ7qeio

You can sort the CDs listing by Yield to Maturity/Worst and then buy.You buy in 1000 units (i.e., 10 units is equal to $10,000).
I think Vanguard's commission is $2.
There is no commission on new issues.
by sport
Tue Jul 03, 2018 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Buying CDs from Vanguard
Replies: 20
Views: 2507

Re: Buying CDs from Vanguard

At the top of the home page, there is a menu "investing". On that menu, click on "CDs and Bonds". On the page that comes up, click on "Find CDs and Bonds". Then, click on the column with the CD maturity you want. Go from there.
by sport
Tue Jul 03, 2018 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Closing Thursday but new house wall damaged by seller’s mover
Replies: 16
Views: 2356

Re: Closing Thursday but new house wall damaged by seller’s mover

Since this is likely minor damage, simply ask for a small $ amount held in escrow at closing to cover repairs. If you ask for $500, and it costs you say $150, then the remaining $350 eventually is released to the seller. This looks like the best option. I would not want the seller to make the repai...
by sport
Tue Jul 03, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Car insurance medical coverage
Replies: 11
Views: 715

Re: Car insurance medical coverage

It will cover guests in your car while your health insurance will not. Yes. When our child(ren) were young and we did carpools/etc. all the time - we carried this because - just in case a kid (or another passenger) bumped his/her head, etc. - we could just say "Our insurance will cover it" - and no...