Search found 6837 matches

by sport
Thu Jun 21, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: RMD Question
Replies: 4
Views: 462

Re: RMD Question

Sure, if he gives it all away, none of it will be taxable. There is a limit of 100K per year for QCDs.
by sport
Thu Jun 21, 2018 8:09 pm
Forum: Personal Consumer Issues
Topic: "distilled" water for wife's CPAP machine
Replies: 49
Views: 3140

Re: "distilled" water for wife's CPAP machine

My wife has a CPAP that she's used for many years. I just showed her this thread, and she said her CPAP has a water reservoir but that she doesn't fill it, and has never used it. ?? Is this OK ?? I just started using a CPAP 2 months ago. When I picked up the machine. I asked the therapist if it was...
by sport
Thu Jun 21, 2018 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: RMD Question
Replies: 4
Views: 462

Re: RMD Question

Since you turn 70.5 in 2019, you can take any part or all of your RMD at any time in 2019. You can delay up to 4/1/2020. However, you will also need to take an RMD for 2020. So, if you take your 2019 RMD in 2020, you will have to take 2 RMDs that year. Also, if you delay your 2019 RMD into 2020, you...
by sport
Thu Jun 21, 2018 4:25 pm
Forum: Investing - Theory, News & General
Topic: Avoiding Capital Gains Tax
Replies: 6
Views: 574

Re: Avoiding Capital Gains Tax

If you have any lots that have a capital loss, you can sell those lots and use the losses to offset other lots that have a gain.
by sport
Thu Jun 21, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: Surprise - Costco sells - but does not install vehicle batteries
Replies: 57
Views: 3249

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

White Coat Investor wrote:
Thu Jun 21, 2018 3:40 pm
I guess I'd argue if you can't install a battery maybe you shouldn't be driving a car.
If you are young and strong, this might be valid. If you are elderly, or have a bad back, lifting a 30 to 40 lb. battery in and out of a car might not be possible.
by sport
Thu Jun 21, 2018 3:20 pm
Forum: Personal Consumer Issues
Topic: Surprise - Costco sells - but does not install vehicle batteries
Replies: 57
Views: 3249

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

AAA has a battery service....they will come to your house and change it in the driveway. Price was the same as buying a battery at a store. Batteries are made my Interstate (I believe) and come with a good warranty. Used them twice....very happy :happy In the process of changing the battery.....the...
by sport
Thu Jun 21, 2018 12:48 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 244
Views: 33840

Re: 2-year CDs at Vanguard and Fidelity Today

The CD will be called if rates go down. So, you lose the guaranteed rate for the remainder of the term. It's kind of a heads I win, tails you lose. If rates rise, it is not called and you are stuck at the lower rate, but if rates fall, they call it. The yield should be a little higher to compensate ...
by sport
Thu Jun 21, 2018 12:22 pm
Forum: Personal Consumer Issues
Topic: Surprise - Costco sells - but does not install vehicle batteries
Replies: 57
Views: 3249

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

The standard caution applies: When doing anything with an auto battery, be sure to wear eye protection. Acid is the obvious possible hazard. However, if things are not done properly, it is possible for the battery to explode. You don't want a piece of plastic shrapnel projected into your eye. In a p...
by sport
Thu Jun 21, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest $50K+ down payment money for five years?
Replies: 68
Views: 5183

Re: Where to invest $50K+ down payment money for five years?

"Saving for a home and saving for retirement are two different things. A primary difference is the point in time when you want your money back. When you are ready to buy the home you will want to make sure all the money is still there maybe a few years from now. Retirement money is slowly spent ove...
by sport
Thu Jun 21, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 244
Views: 33840

Re: 2-year CDs at Vanguard and Fidelity Today

I am curious though- since the CDs are issued by actual banks, are they covered by FDIC insurance when purchased through Fidelity via the secondary market, just as if you bought them directly through the bank in question? At Vanguard, all the CDs are FDIC insured. I would think the same is true at ...
by sport
Thu Jun 21, 2018 9:12 am
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 244
Views: 33840

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 Jun 21, 2018 1:42 am
Forum: Investing - Help with Personal Investments
Topic: CD advice
Replies: 2
Views: 465

Re: CD advice

I would consider brokered CDs. Some current rates are 2.8% for 2 years, 3.0% for 3 years, 3.3% for 5 years. However, these CDs are only suitable if held to maturity. If you need the money earlier, they must be sold on the open market. There are no early withdrawals, or partial withdrawals.
by sport
Wed Jun 20, 2018 7:55 pm
Forum: Personal Consumer Issues
Topic: Best Father's Day Gift You Ever Received (or wish you'd received)
Replies: 23
Views: 2252

Re: Best Father's Day Gift You Ever Received (or wish you'd received)

A hand-made father's day card from my only grandchild. He is 3 years old. We waited a long time for him.
by sport
Wed Jun 20, 2018 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Cal residents can't buy CD from Cal bank ?
Replies: 1
Views: 253

Re: Cal residents can't buy CD from Cal bank ?

The brokered CDs often have a higher yield than those offered at the branches. I guess they don't want people coming into their branch offices and asking for the brokered CD rate. Customer: "You offer this rate at Vanguard. Why won't you give it to me here? I've been a good customer for the last 25 ...
by sport
Wed Jun 20, 2018 11:52 am
Forum: Personal Consumer Issues
Topic: Surprise - Costco sells - but does not install vehicle batteries
Replies: 57
Views: 3249

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

Battery change out is pretty easy if and only if a person has 1) the strength and agility to lift a 35-50 lb battery in and out of the engine bay and 2) the skill set to remove old battery safely, and insure the battery is installed securely and properly (including not shorting out the battery or o...
by sport
Wed Jun 20, 2018 11:48 am
Forum: Personal Consumer Issues
Topic: Cataract surgery - one or two?
Replies: 31
Views: 1066

Re: Cataract surgery - one or two?

Cannot cite anything - but there is some degree of risk just having any kind of surgery - so having one might entail lower risk. ?? With two separate surgeries, you have twice the chance of a problem. However, that problem would affect only one eye. With one surgery, a problem could affect both eye...
by sport
Wed Jun 20, 2018 11:00 am
Forum: Personal Consumer Issues
Topic: Surprise - Costco sells - but does not install vehicle batteries
Replies: 57
Views: 3249

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

Changing a battery is easy, but it can be dangerous if done improperly.
by sport
Wed Jun 20, 2018 10:57 am
Forum: Personal Consumer Issues
Topic: Cataract surgery - one or two?
Replies: 31
Views: 1066

Re: Cataract surgery - one or two?

If something goes wrong, you sure don't want it to affect both eyes.
by sport
Tue Jun 19, 2018 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 105
Views: 8002

Re: How much (green) cash at home for emergency ?

Reading these strategies makes me glad to live in Northeast Ohio. We don't have hurricanes, floods, forest fires, earthquakes, volcanoes, or mud slides. No one ever evacuates. There is a slight possibility of a tornado, but in that case, your stash would disappear along with the rest of your house....
by sport
Tue Jun 19, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 105
Views: 8002

Re: How much (green) cash at home for emergency ?

Reading these strategies makes me glad to live in Northeast Ohio. We don't have hurricanes, floods, forest fires, earthquakes, volcanoes, or mud slides. No one ever evacuates. There is a slight possibility of a tornado, but in that case, your stash would disappear along with the rest of your house. ...
by sport
Tue Jun 19, 2018 12:54 pm
Forum: Investing - Theory, News & General
Topic: Almost flat yield curve implications.
Replies: 5
Views: 783

Re: Almost flat yield curve implications.

Another related question is: why are long interest rates so low?
by sport
Tue Jun 19, 2018 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Bond Dividend / Cost Basis Question
Replies: 6
Views: 148

Re: Bond Dividend / Cost Basis Question

You are down the 4K because you took the money out of the fund in the form of dividends. This is not true. S/He is down 4K because yields increased. What he did with the bond dividends is another matter. If he needed to spend the dividends then that is simply what he had to do. But the total return...
by sport
Tue Jun 19, 2018 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Bond Dividend / Cost Basis Question
Replies: 6
Views: 148

Re: Bond Dividend / Cost Basis Question

You are down the 4K because you took the money out of the fund in the form of dividends.
by sport
Tue Jun 19, 2018 9:23 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 153
Views: 7241

Re: Which Supermarket are you?

skp wrote:
Tue Jun 19, 2018 7:46 am
Walmart is also the only place I know that carries large containers of deluxe mixed nuts.
Try Costco. The quality of the mixed nuts, among others, will be better and the price most likely lower. We live close to a Walmart and would never consider buying packaged nuts there.
by sport
Sun Jun 17, 2018 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: IRA concerns
Replies: 29
Views: 981

Re: IRA concerns

retiredjg wrote:
Sun Jun 17, 2018 1:41 pm
you are not yet 55.9
Make that 59.5 :happy
by sport
Sun Jun 17, 2018 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: IRA concerns
Replies: 29
Views: 981

Re: IRA concerns

123 wrote:
Sun Jun 17, 2018 1:23 pm
The transaction fee for buying Vanguard funds at Schwab or Fidelity (somewhere like $60 - $80) is a bargain when you consider the lower ER and when purchasing large amounts, like you would be, is inconsequential.
Of course, the transaction fee for these Vanguard funds at Vanguard is $0.00
by sport
Sun Jun 17, 2018 10:09 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 153
Views: 7241

Re: Which Supermarket are you?

Costco and a well-respected local chain, Heinen's.
by sport
Sun Jun 17, 2018 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Mercantil Bank CD?
Replies: 3
Views: 241

Mercantil Bank CD?

Would you have any concern about buying a brokered CD from Mercantil Bank? I know it would be FDIC insured. OTOH, its parent company is in Venezuela.
by sport
Sun Jun 17, 2018 8:56 am
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 63
Views: 4491

Re: Flaw in Logic? CD ladder instead of bond funds

You can buy an additional $10K/year of I Bonds at TD for your living trust using an entity account. You could make your own living trust using the NOLO press book and template, if for no other reason than to get an additional $10K/year of I Bonds. When I was buying I bonds, I was buying $20K/year--...
by sport
Sat Jun 16, 2018 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: CD ladders vs bond funds
Replies: 5
Views: 840

Re: CD ladders vs bond funds

You should consider both direct and brokered CDs. Brokered CDs do not have the early-withdrawal-with-a-penalty feature. If you want to get your money out of one, you have to sell it on the open market. However, they tend to pay a higher yield to make up for this "inconvenience". Five year brokered C...
by sport
Fri Jun 15, 2018 2:54 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 63
Views: 4491

Re: Flaw in Logic? CD ladder instead of bond funds

I'm a banker. The market for CDs has crumbled over the last decade, though people are starting to think about them again. It hasn't been worth locking into a CD because even the longer term ones haven't been paying more than a money market fund. The thing about CDs to remember is that they aren't p...
by sport
Fri Jun 15, 2018 2:43 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 63
Views: 4491

Re: Flaw in Logic? CD ladder instead of bond funds

I don't think it is flawed. I have grown to have a preference for CDs over bond funds. I don't think "liquidity" is even a factor with CD's, you don't have to find someone to buy a CD you just cash it in with the bank. With some banks, you can do an early withdrawal from a CD via the banks online p...
by sport
Fri Jun 15, 2018 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Will Vanguard/Fidelity automatically deduct QCD from RMD?
Replies: 27
Views: 2427

Re: Will Vanguard/Fidelity automatically deduct QCD from RMD?

I thought that you had to withdraw the QCD before making any RMD withdrawal No. The first withdrawals from your account must be part or all of your RMD. Those withdrawals can be QCDs or ordinary withdrawals. If you want your QCD to be part of your RMD, you must make the QCD before you have complete...
by sport
Fri Jun 15, 2018 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest $50K+ down payment money for five years?
Replies: 68
Views: 5183

Re: Where to invest $50K+ down payment money for five years?

The poster livesoft suggested a while back that we invest our house downpayment until we were ready to move. If I had listened to him, we'd have had about $15k more money in our down payment. (Our window wasn't as long as 5 years either.) I'd wait to see what his advice is now. :happy Market change...
by sport
Fri Jun 15, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: Vanguard accounts
Replies: 11
Views: 905

Re: Vanguard accounts

You can open a Prime MM fund in your brokerage account as well as any other Vanguard funds. All CD interest payments go into the settlement fund. So does the principle at maturity. From there, you can move it to anything you wish. Each CD is shown as a separate holding. All new Vanguard accounts are...
by sport
Fri Jun 15, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 16433

Re: Life in retirement - what did you do today?

Faith20879 wrote:
Fri Jun 15, 2018 9:48 am
work is boring but have no idea how to fill my days if I stop.
Here is an idea: Find a hobby you like. Many people find this is a good one in retirement. www.acbl.org
Caution. If you find that you enjoy it, it can be addictive.
by sport
Fri Jun 15, 2018 9:31 am
Forum: Personal Consumer Issues
Topic: SleepScore App
Replies: 11
Views: 1100

Re: SleepScore App

I also have been having sleep difficulties. I learned that there are doctors who specialize in this area. My suggestion is to ask your primary care doctor for a referral. The "sleep doctor" has helped me.
by sport
Fri Jun 15, 2018 9:27 am
Forum: Personal Consumer Issues
Topic: A vehicle that "sits up" but can't afford CRV
Replies: 63
Views: 5060

Re: A vehicle that "sits up" but can afford CRV

She might even try a sedan with a power seat. The vertical adjustment is great for shorter drivers.
by sport
Thu Jun 14, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice (take the promotion or not)
Replies: 26
Views: 3154

Re: Career advice (take the promotion or not)

There is a third possibility. Look for a new employer. You state that this one does not pay well enough and the opportunities for advancement are very limited. You have been there 5 years. "Lack of opportunity for advancement" is a legitimate reason to look for a new job, and the lack of progression...
by sport
Thu Jun 14, 2018 9:54 pm
Forum: Personal Consumer Issues
Topic: Bumper Repair
Replies: 9
Views: 531

Bumper Repair

My Camry suffered a misfortune and ended up with a "pushed in" corner of the rear bumper. It really looked bad. I was thinking that it would cost several hundreds of dollars to repair. Before I took It to the body shop, I had it in to my independent mechanic for service. He gave me the name of a bod...
by sport
Thu Jun 14, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Cash, getting to it
Replies: 8
Views: 939

Re: Cash, getting to it

If you put money into the stock market via mutual funds, it is easy and fast to get out of the investment. The problem is, that in the short term, your investment may have lost money and if you want to take it out, it will not all be there. The general rule, is to only put long term money into stock...
by sport
Thu Jun 14, 2018 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Any problem opening fund "Investor", then building to "Admiral"?
Replies: 25
Views: 1584

Re: Any problem opening fund "Investor", then building to "Admiral"?

blevine wrote:
Thu Jun 14, 2018 9:39 am
Compared to most things I do in life, buying/selling ETFs are among the simpler tasks.
Maybe making cereal for breakfast is easier, but then again there are so many choices of cereal, how do you pick ?
Sure, but we are not comparing ETFs with cereal. We are comparing ETFs with mutual funds.
by sport
Thu Jun 14, 2018 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Any problem opening fund "Investor", then building to "Admiral"?
Replies: 25
Views: 1584

Re: Any problem opening fund "Investor", then building to "Admiral"?

Why not just buy ETF and keep it ? There are many funds with no etf class, but if so, no reason to go with investor or admiral. ETFs require dealing with spreads, whole shares only, limit orders, market orders, premiums, discounts, etc. Mutual funds are simple to buy and sell. Just enter the dollar...
by sport
Wed Jun 13, 2018 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Contribution for Married Couples
Replies: 5
Views: 514

Re: 401K Contribution for Married Couples

Before I retired, I had a good, but not great, 401k. DW had a terrible 403b teacher's plan that specified annuities with insurance companies. We took the money she would have put into that and put it into my 401K instead. We also funded IRAs. So, you do what is best for the two of you, and do what y...
by sport
Wed Jun 13, 2018 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Any problem opening fund "Investor", then building to "Admiral"?
Replies: 25
Views: 1584

Re: Any problem opening fund "Investor", then building to "Admiral"?

Not just fees. The admiral fund is behaved like an ETF with minimal trade. So lower you cap gain tax. You should build on Admiral fund if money allows. This is not correct. The admiral shares and investor shares are both shares in the same fund, with the same advantages and disadvantages. The only ...
by sport
Wed Jun 13, 2018 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Question about dividend yield on funds.
Replies: 11
Views: 333

Re: Question about dividend yield on funds.

A stock mutual fund owns a "basket" of stock in various companies. Some of these stocks pay a dividend that the fund pays out to you, minus the expenses of the fund. What you are really interested in is the growth in value of the stocks. So, there are two parts to the total return of a stock fund: d...
by sport
Tue Jun 12, 2018 4:37 pm
Forum: Personal Consumer Issues
Topic: Anyone with a paid off house drop homeowners insurance
Replies: 79
Views: 5684

Re: Anyone with a paid off house drop homeowners insurance

The liability coverage is a must. That should answer the question.
by sport
Tue Jun 12, 2018 2:10 pm
Forum: Personal Consumer Issues
Topic: For Sale By Owner (FSBO) purchase - how much discount can I expect?
Replies: 22
Views: 1612

Re: For Sale By Owner (FSBO) purchase - how much discount can I expect?

Discount off of what? There is no MSRP for a house. The seller asks what he wants and the buyer offers what they will pay. If there is an overlap, there is a sale. You can always justify offering less than asking price, but you don't have to justify any offer you make. Your offer is just that, an of...
by sport
Tue Jun 12, 2018 12:21 pm
Forum: Investing - Theory, News & General
Topic: VMMXX (Vanguard Prime MM) risks
Replies: 71
Views: 7391

Re: VMMXX (Vanguard Prime MM) risks

Another way to look at this: Compared to stock funds and bond funds, VMMXX has so much less risk that it is not a concern. If you are worried about the safety of VMMXX, how can you sleep at night holding bond and stock funds? Accordingly the risk level of VMMXX is way down the list of things I worry...