Search found 7243 matches

by sport
Fri Oct 19, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Depositing Cash if it was gifted?
Replies: 86
Views: 3366

Re: Depositing Cash if it was gifted?

It seems the banks (laws?) are getting stricter. My bank has a stack of notices on the counter that they will soon start requiring identification for a cash deposit of any amount.
by sport
Fri Oct 19, 2018 10:10 am
Forum: Investing - Theory, News & General
Topic: How does one emotionally keep it together during market swings?
Replies: 118
Views: 10773

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

Does anyone have advice on how to calm down a partner, that does not handle swings as relaxed as hoped? My wife and I invested in some standard ETFs (msci world, etc) as part of our investment strategy. However, she was shocked the other day to discover that "a part of our money is gone". I tried t...
by sport
Fri Oct 19, 2018 10:02 am
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 159
Views: 36729

Re: Vanguard has switched to brokerage only accounts

Mel Lindauer wrote:
Fri Oct 19, 2018 8:36 am
The mutual fund platform statements did report year-to-date transactions.
They still do, if you are still on the old platform.
by sport
Fri Oct 19, 2018 12:14 am
Forum: Personal Finance (Not Investing)
Topic: Instant Issue Debit Card
Replies: 10
Views: 571

Re: Instant Issue Debit Card

My solution is to not use debit cards at all. I use credit cards for everything I can. If there is an error or fraud, I don't want the money to come out of my account and then I have to try to get it back. If there is a problem with the credit card, the bank just issues a new one. Furthermore, if t...
by sport
Thu Oct 18, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Depositing Cash if it was gifted?
Replies: 86
Views: 3366

Re: Depositing Cash if it was gifted?

If they are old enough, there might be some extra value even if they are not in good condition. It could be worth a trip to a local coin shop to see what they tell you. You probably will not get the best price from them, but you could determine if there is any interest. If there is some interest, yo...
by sport
Thu Oct 18, 2018 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Fiduciary using funds with a front load?
Replies: 18
Views: 1223

Re: Fiduciary using funds with a front load?

She doesn't actually use or withdraw any money from this account, she survives on a pension and SSN entirely. If this is a traditional IRA account, and she is at least 70.5 years old this year, be sure she withdraws the RMD (required minimum distribution). There are stiff penalties for failure to m...
by sport
Thu Oct 18, 2018 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Instant Issue Debit Card
Replies: 10
Views: 571

Re: Instant Issue Debit Card

My solution is to not use debit cards at all. I use credit cards for everything I can. If there is an error or fraud, I don't want the money to come out of my account and then I have to try to get it back. If there is a problem with the credit card, the bank just issues a new one. Furthermore, if th...
by sport
Thu Oct 18, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Fiduciary using funds with a front load?
Replies: 18
Views: 1223

Re: Fiduciary using funds with a front load?

Are you sure she paid those loads? Perhaps the loads are waived for an advisory account.
by sport
Thu Oct 18, 2018 6:08 pm
Forum: Investing - Theory, News & General
Topic: Forever Stamps as an Investment?
Replies: 30
Views: 2889

Re: Forever Stamps as an Investment?

I just bought $125.00 worth stamps at a collectors show. I paid between 30% and 45% off face value. I love old space themed stamps! You got a 40% discount for usable USPS stamps? If so that seems like it could be a mini-business. One problem with this is the low denominations of the stamps. How man...
by sport
Thu Oct 18, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: Forever Stamps as an Investment?
Replies: 30
Views: 2889

Re: Forever Stamps as an Investment?

If the OP really wants to do this, Costco sells forever stamps at a small discount.
by sport
Thu Oct 18, 2018 4:09 pm
Forum: Investing - Theory, News & General
Topic: Forever Stamps as an Investment?
Replies: 30
Views: 2889

Re: Forever Stamps as an Investment?

LOL, who uses stamps anymore? I think I used 2 all of last year. QCD donations from an IRA account require paper checks to be mailed (unless you want to hand-deliver them). It is possible to have the IRA custodian mail them for you, but it is better to have them send the check to you so you can pho...
by sport
Wed Oct 17, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: Best way to complain about Hertz bait-and-switch?
Replies: 48
Views: 4049

Re: Best way to complain about Hertz bait-and-switch?

Many years ago, I had a similar problem. I was renting a car from Hertz in northern Indiana in the winter. I had specified snow tires in my reservation. When I arrived at 10:00 PM, the car they had for me did not have snow tires. When I complained, the response was "do you want the car or not?" Sinc...
by sport
Wed Oct 17, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 159
Views: 36729

Re: Vanguard has switched to brokerage only accounts

We are still on the old platform. The mutual fund portion of the quarterly statement is a real YTD. The brokerage account is only the last quarter. As long as Vanguard is preparing a statement, I cannot understand why they do not include the YTD info for the brokerage account. Certainly they have th...
by sport
Tue Oct 16, 2018 3:10 pm
Forum: Investing - Theory, News & General
Topic: Monthly vs. Annual Withdrawals
Replies: 15
Views: 1089

Re: Monthly vs. Annual Withdrawals

I'm taking required minimum distributions (RMD's) from my tax deferred account. I take the money out on a quarterly basis. That works reasonably well, and is a compromise between the alternatives proposed by the OP. I've been thinking of moving to monthly, just because of the "paycheck" feeling as ...
by sport
Tue Oct 16, 2018 10:46 am
Forum: Investing - Theory, News & General
Topic: Monthly vs. Annual Withdrawals
Replies: 15
Views: 1089

Re: Monthly vs. Annual Withdrawals

The comparison seems to be monthly vs. lump sum at the END of the year. If you need the money during the year, that will not work.
by sport
Tue Oct 16, 2018 9:46 am
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 159
Views: 36729

Re: Vanguard has switched to brokerage only accounts

It's called "YTD", but in only shows "Income" YTD and the current month's transactions. I checked last year's Dec. statement and it did not include the full year's transactions like it used to do before the conversion to their Brokerage system; it only included the Dec. transactions. That means you...
by sport
Mon Oct 15, 2018 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: When to TLH?
Replies: 11
Views: 1173

Re: When to TLH?

I just wait until the end of the year and sell anything that is down a significant amount. Generally I will sell around the middle of December and buy it back after 31 days, or so. If the amount of the loss is trivial, I won't bother.
by sport
Mon Oct 15, 2018 12:32 pm
Forum: Personal Consumer Issues
Topic: Boglehead's Car Talk
Replies: 35
Views: 3278

Re: Boglehead's Car Talk

Scott S wrote:
Mon Oct 15, 2018 11:52 am
RootSki wrote:
Sun Oct 14, 2018 9:24 pm
Life is too short to drive boring cars.
Oh, I dunno. Lots of millionaires drive boring cars like Honda Accords and Toyota Camrys. ;)
Perhaps that's how they became millionaires. :mrgreen:
by sport
Mon Oct 15, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: High APY Checking
Replies: 10
Views: 1021

Re: High APY Checking

My bank does the same thing with interest rates. So, I keep just enough in the checking account to cover expenses. Anything more than that I keep in a money market fund at Vanguard. I can transfer money between Vanguard and the checking account with a few clicks of the mouse (in either direction). I...
by sport
Mon Oct 15, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Girlfriend lost job, getting a lump sum severance... What should we do next
Replies: 36
Views: 3032

Re: Girlfriend lost job, getting a lump sum severance... What should we do next

I don't know the answers to your questions. However, you cannot afford to spend 40-45k on a wedding. My suggestion is to have a small reception for immediate family and close friends. This should cost no more than 2-3k.
by sport
Sun Oct 14, 2018 3:34 pm
Forum: Personal Consumer Issues
Topic: How Much Is Your Sewer Bill?
Replies: 78
Views: 3896

Re: How Much Is Your Sewer Bill?

Our bill ranges between $40 and $55 per month. That includes a $10 rainwater assessment for hard surfaces such as roofs and driveways.
by sport
Sun Oct 14, 2018 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Amica reocurring double digit increases in homeowners insurance
Replies: 39
Views: 4271

Re: Amica reocurring double digit increases in homeowners insurance

I am now echoing OP's concerns. My Amica auto and homeowner's each went up 25% this year alone. We have no new claims (no claims ever) and no adverse credit history, and nothing else about our personal situation has changed. It's impossible to compare across locations and situations but we pay $222...
by sport
Sun Oct 14, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: Reducing overall medical costs. Do we do anything?
Replies: 67
Views: 3068

Re: Reducing overall medical costs. Do we do anything?

Lynette wrote:
Sun Oct 14, 2018 8:49 am
I may go for a flu shot.
A relative of mine was in her 30's when she died from the flu.
by sport
Sat Oct 13, 2018 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Neighbor discussing finances with me
Replies: 64
Views: 5898

Re: Neighbor discussing finances with me

Before I retired, I was a member of the 401k committee for my employer. To avoid lawsuits, the company asked an attorney at a large law firm how to select mutual funds for the plan. The attorney provided a written plan that said to use Morningstar ratings, which are merely past results. I knew bette...
by sport
Sat Oct 13, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Neighbor discussing finances with me
Replies: 64
Views: 5898

Re: Neighbor discussing finances with me

cheese_breath wrote:
Sat Oct 13, 2018 3:56 pm
I agree with the others. Don't give advice unless asked. Although I'm curious if this 'bond fund' might really be an annuity where you 'experience the upside while being protected from the down side.'
Bingo!
by sport
Sat Oct 13, 2018 3:13 pm
Forum: Personal Consumer Issues
Topic: Reducing overall medical costs. Do we do anything?
Replies: 67
Views: 3068

Re: Reducing overall medical costs. Do we do anything?

On my plan, blood tests cost me nothing. So, there is no financial incentive for me to have fewer tests. What I do, though, is tell my PCP to skip running several blood tests that I know one of my specialists will order when I see the specialist. What I have done is ask my PCP for the blood test re...
by sport
Sat Oct 13, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 70
Views: 5351

Re: Weigh in on our Marital Argument =)-- HCOL edition

I would think about moving to a lower COL area. Even if your income would decrease a lot, so would your expenses. Here are some data for a comparison. A 12-year old house in my neighborhood recently was sold. It is a 3 BR 2.5 B house with 1950 sq. ft. and newly redecorated. Association fees are less...
by sport
Sat Oct 13, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Not convinced with insurance
Replies: 45
Views: 3522

Re: Not convinced with insurance

One other thing to consider about life insurance is "insurability". If you are in good health now, you can buy a term insurance policy with very low premiums. If you decide to wait, your health might decline in the interim and insurance would become either more expensive, or unavailable to you. The ...
by sport
Sat Oct 13, 2018 10:11 am
Forum: Personal Consumer Issues
Topic: Gas Fireplaces
Replies: 22
Views: 1635

Re: Gas Fireplaces

Probably not good to run a ventless fireplace too long due to the products of combustion being given off. Namely, carbon monoxide. When I used to use mine, the meter on the CO detector never showed any affect. My concern is particulates. These would be microscopic particles of carbon along with any...
by sport
Sat Oct 13, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Federal Money Market compared to Prime Money Market
Replies: 19
Views: 2076

Re: Vanguard Federal Money Market compared to Prime Money Market

Vanguard specifically created this new MM a couple of years ago to meet those SEC regulations for settlement accounts. Vanguard has had the Federal MM fund in place for many years. I have been using it along side my Prime MM fund for money that I wish to keep separate. The thing that is new is the ...
by sport
Sat Oct 13, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: If someone keeps 500K in two different FDIC insured bank accounts, 250K at each, are they still covered?
Replies: 8
Views: 1102

Re: If someone keeps 500K in two different FDIC insured bank accounts, 250K at each, are they still covered?

There is one other thing to be aware of. Sometimes one bank is owned by another bank with a different name. However, they may be considered as one by the FDIC. So, you would want to avoid this situation.
by sport
Sat Oct 13, 2018 9:52 am
Forum: Personal Consumer Issues
Topic: Gas Fireplaces
Replies: 22
Views: 1635

Re: Gas Fireplaces

I purchased a vent-less gas fireplace 20+ years ago after an ice storm left me without heat for several days. It has a manual piezo igniter. It is 99% efficient, adds moisture to our house as a by-product and helps balance the humidity levels due to the drying effect of our forced-air whole house h...
by sport
Sat Oct 13, 2018 9:26 am
Forum: Personal Consumer Issues
Topic: Keep a backup hot water heater?
Replies: 97
Views: 4685

Re: Keep a backup hot water heater?

Chip wrote:
Sat Oct 13, 2018 3:13 am
Please explain "overuse" of pipe tape on these types of joints and how it might be harmful.
In order to function as a protective device, the anode has to make electrical contact with the steel inner tank. If the anode is insulated from the tank, it will not prevent corrosion of the tank.
by sport
Fri Oct 12, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: No bill to me - but found strange things on my health plan records
Replies: 32
Views: 2735

Re: No bill to me - but found strange things on my health plan records

There is nothing new about mistakes in medical billing. Some examples: 1. I went to an office visit, paid my copay, it was never submitted to insurance. 2. I went to an office visit, it was submitted to insurance, but I was never billed for the copay. 3. I went to an office visit, it was submitted ...
by sport
Fri Oct 12, 2018 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Relaxing in America during this current market drop
Replies: 20
Views: 4142

Re: Relaxing in America during this current market drop

My allocation target is 35% +/- 5%. Over the last two days, it dropped from 39% to 38%. Nothing to get excited about.
by sport
Fri Oct 12, 2018 10:47 am
Forum: Personal Consumer Issues
Topic: No bill to me - but found strange things on my health plan records
Replies: 32
Views: 2735

Re: No bill to me - but found strange things on my health plan records

There is nothing new about mistakes in medical billing. Some examples: 1. I went to an office visit, paid my copay, it was never submitted to insurance. 2. I went to an office visit, it was submitted to insurance, but I was never billed for the copay. 3. I went to an office visit, it was submitted t...
by sport
Thu Oct 11, 2018 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: 6 month Treasury Note: "Bond" or "Cash"?
Replies: 47
Views: 3548

Re: 6 month Treasury Note: "Bond" or "Cash"?

I would say that it depends on how you plan to use the note. If you plan to hold it to maturity, it would be a "bond". If you plan to sell it the next time you need some money, it would function as "cash" for you. It is the same situation for I-bonds held more than one year. You can continue to hold...
by sport
Thu Oct 11, 2018 9:01 pm
Forum: Personal Consumer Issues
Topic: No bill to me - but found strange things on my health plan records
Replies: 32
Views: 2735

Re: No bill to me - but found strange things on my health plan records

I like my Medicare Advantage Plan in this regard. The co-pay for an office visit covers everything that happens during that visit. The insurance charges vary, but the co-pay is all that I am responsible for. It is $15 for the primary care dr. and $25 for any other dr. Sometimes there is a "facility ...
by sport
Thu Oct 11, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: Keep a backup hot water heater?
Replies: 97
Views: 4685

Re: Keep a backup hot water heater?

I read somewhere that the only difference between water heaters and their warranty is the price . They're basically all the same. I buy the cheapest heater I can find in the size I want and replace it before it pops. Actually the longer warranty unit is typically identical EXCEPT it has either 2 an...
by sport
Thu Oct 11, 2018 12:47 pm
Forum: Personal Consumer Issues
Topic: How important is it that dentist is member of ADA?
Replies: 13
Views: 1223

Re: How important is it that dentist is member of ADA?

I may have to find a new dentist in my area, and have been asking friends, searching reviews on Internet, etc. When we needed to find a new dentist, we asked a periodontist for recommendations. A periodonist sees the work of general dentists all the time, and should have an informed opinion on the ...
by sport
Thu Oct 11, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Social Security benefits up 2.8% in 2019
Replies: 19
Views: 2421

Re: Social Security benefits up 2.8% in 2019

Do we know what the Medicare Part B premiums will be?
by sport
Wed Oct 10, 2018 7:30 pm
Forum: Personal Consumer Issues
Topic: Keep a backup hot water heater?
Replies: 97
Views: 4685

Re: Keep a backup hot water heater?

If you change the anode in the tank every 5 years, or so, you will increase its life substantially.
by sport
Wed Oct 10, 2018 6:46 pm
Forum: Personal Consumer Issues
Topic: Dayton, Ohio -- Worth Visiting?
Replies: 39
Views: 2957

Re: Dayton, Ohio -- Worth Visiting?

Kenkat wrote:
Wed Oct 10, 2018 6:20 pm
kenoryan wrote:
Wed Oct 10, 2018 5:37 pm
RickBoglehead wrote:
Wed Oct 10, 2018 5:01 am
It's O_io. 'Nuff said.

Go Blue!


Image
I concur!
Go Blue!
Is there a Division One team in Michigan? 😀
If there were, I would have heard about it by now.
by sport
Tue Oct 09, 2018 2:16 pm
Forum: Personal Consumer Issues
Topic: Medicare drug question - days or pills?
Replies: 18
Views: 825

Re: Medicare drug question - days or pills?

If the doctor writes the Rx for 1.5 pills/day, you should get 135 pills in a 90 day refill.
by sport
Tue Oct 09, 2018 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Using bonds to offset mortgage interest?
Replies: 9
Views: 584

Re: Using bonds to offset mortgage interest?

I did something similar. I did not have the cash to start with. However, as I accumulated wealth, I put money into a ladder of bank CDs. The ladder did double duty as my emergency fund, and the interest offset the mortgage interest. It got even better when interest rates increased. The mortgage rate...
by sport
Tue Oct 09, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Which is better CD - rates and terms?
Replies: 65
Views: 5423

Re: Which is better CD - rates and terms?

Consider "brokered" new issue CD's at Vanguard, or other brokerage. There are some advantages over bank issued. Sandtrap, I'd like to know the advantages. I prefer to have my interest added on to the CD each month, rather than paid out to the brokerage cash account - just don't like the smaller amo...
by sport
Tue Oct 09, 2018 10:55 am
Forum: Personal Consumer Issues
Topic: Dayton, Ohio -- Worth Visiting?
Replies: 39
Views: 2957

Re: Dayton, Ohio -- Worth Visiting?

I will confirm that the Air Force museum should not be missed. It is large, and you should allow plenty of time if you want to see everything. Another thing to see, if you like this sort of thing, is the Ohio Caverns. It is located in West Liberty OH, about 30 miles from Dayton. We took our children...
by sport
Tue Oct 09, 2018 10:45 am
Forum: Personal Consumer Issues
Topic: Kirkland (Costco) Razor
Replies: 31
Views: 3089

Re: Kirkland (Costco) Razor

CABob wrote:
Sun Oct 07, 2018 12:28 pm
I was wondering if anyone has tried this razor and what they thought of it.
If you think you might like it, buy one and try it. If you do not like it, you can return it for a full refund.
by sport
Sun Oct 07, 2018 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Which is better CD - rates and terms?
Replies: 65
Views: 5423

Re: Which is better CD - rates and terms?

You could also "hedge your bet" by splitting the money 50/50 between the two. That would give you a "mini-ladder". So, if rates go up in the next 18 months, you have money to reinvest. If they don't, you get the higher rate on the longer one.