Search found 2948 matches

by munemaker
Mon Jun 18, 2018 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 51
Views: 3199

Re: Messy Divorce -- Forensic Accounting Help....

1. She could have bought non-dividend paying stocks and never sold. 2. She could have bought gold bullion, jewelry, bitcoins, etc. 3. She could have bought real estate and rented out for cash. 4. Her parents could hold the money for her. Sorry you are going through this. You said you don't know who...
by munemaker
Mon Jun 18, 2018 1:27 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 694
Views: 74315

Re: [What TV Show Have You Recently Watched?]

Gunsmoke; we record it and then watch it every evening. I also like to watch The Lone Ranger; don't record it tho. Luv the old-time cowboy stuff....the Good Guy always wins! Don Gunsmoke is great. I especially like Chester and Festus. I liked Miss Kitty. Retired now, but I worked with a guy whose m...
by munemaker
Mon Jun 18, 2018 1:26 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 694
Views: 74315

Re: [What TV Show Have You Recently Watched?]

I watched the restart of SHADE OF BLUE last night. Really like that show. Too violent and suspenseful for DW though.
by munemaker
Sun Jun 17, 2018 8:36 pm
Forum: Investing - Theory, News & General
Topic: New Capital One 360 ACH limits
Replies: 25
Views: 5202

Re: New Capitol One 360 ACH limits

Probably caused by me. Transferred a large amount of money from Capital One 360 MMF to Vanguard MMF.

Instead of limiting the dollar amount of transfers, a better way to keep (and even increase) deposits would be to pay competitive interest rates.
by munemaker
Sun Jun 17, 2018 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security advice needed
Replies: 28
Views: 1797

Re: Social Security advice needed

I'm grappling with determining when to take Social Security and would appreciate some fresh eyes to take a look... Here are my particulars: My age: 62 in August Social Security at 62= $1,011 Social Security at 66= $1,371 Social Security at 70 (didn't include because I don't want to wait until then)...
by munemaker
Sun Jun 17, 2018 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Do you cancel old credit cards?
Replies: 31
Views: 2678

Re: Do you cancel old credit cards?

I had the CC issuer cancel 2 old cards for nonuse; hadn't use them for at least 10 years. That puts me down to 2. You are missing out on all the fun. DW and EACH have about a dozen credit cards. I think two of them are joint accounts so something like a dozen each. All except the store cards have c...
by munemaker
Sun Jun 17, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do you cancel old credit cards?
Replies: 31
Views: 2678

Re: Do you cancel old credit cards?

I would never open an account that charged me a fee. so I see no need to cancel an old one. In most, but not all cases, the issuer waives the fee for the first year. Often these cards have the nice, fat bonuses of $400 to $500. What I like to do is scoop up the bonus and then close the account befo...
by munemaker
Sat Jun 16, 2018 8:56 am
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 62
Views: 4198

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

Don't know if this will help anyone but I just called Vanguard to ask a related question and the rep showed me how to find the "Financial Advisors" section on the Vanguard website. It's in the pull-down menu in the top left section of the page (click on "Financial Advisors" instead of "Personal Inv...
by munemaker
Sat Jun 16, 2018 8:33 am
Forum: Personal Consumer Issues
Topic: Chipmunk problem
Replies: 34
Views: 2227

Re: Chipmunk problem

I just bought the Havahart trap a few days ago. So far the chipmunks have eaten the peanut butter and escaped four times, even though the trap was set off. Not sure how this is happening. My wife is keeping score and so far CHIPMUNKS - 4, MUNEMAKER - 0. I am about to lose my heart and go for the "c...
by munemaker
Sat Jun 16, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Juggling ACA premium credit and non-refundable tax credits
Replies: 6
Views: 494

Re: Juggling ACA premium credit and non-refundable tax credits

"Another idea: If you have an inherited traditional IRA, you can take distributions from it to "soak up" the nonrefundable credit and lot let it go to waste; you don't want a lot of chicken left on that bone" You are of course right.. but some of us are balanced on knife's edge at the ACA cliff wit...
by munemaker
Sat Jun 16, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: Chipmunk problem
Replies: 34
Views: 2227

Re: Chipmunk problem

Try mixing peanut butter with plaster of paris and making them delicious little homemade peanut snacks. I was told this would not work as advertised but I got rid of passel of ground squirrels and tree squirrels and this is what I attribute it to. Thanks. Sounds like a recipe for constipation. I'll...
by munemaker
Fri Jun 15, 2018 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Juggling ACA premium credit and non-refundable tax credits
Replies: 6
Views: 494

Re: Juggling ACA premium credit and non-refundable tax credits

I am actually using your plan this year but with the Savers' Credit. For ObamaCare, I did estimate our income honestly, but due to the rising interest rates, we are receiving considerably more interest than expected. Also, a mutual fund we own dropped a big, fat CG distribution on us. The non-refund...
by munemaker
Fri Jun 15, 2018 9:09 pm
Forum: Personal Consumer Issues
Topic: Chipmunk problem
Replies: 34
Views: 2227

Re: Chipmunk problem

I just bought the Havahart trap a few days ago. So far the chipmunks have eaten the peanut butter and escaped four times, even though the trap was set off. Not sure how this is happening. My wife is keeping score and so far CHIPMUNKS - 4, MUNEMAKER - 0. I am about to lose my heart and go for the "ch...
by munemaker
Fri Jun 15, 2018 2:40 pm
Forum: Investing - Theory, News & General
Topic: Oh my! Cardone says we need $10m net worth
Replies: 58
Views: 8474

Re: Oh my! Cardone says we need $10m net worth

He seems like one of those guys that advertise in cheap TV time slots about how to get rich quick by flipping houses, trading stocks or whatever using his own exclusive method, which he will be glad to sell to you.
by munemaker
Tue Jun 12, 2018 9:07 am
Forum: Investing - Theory, News & General
Topic: General Electric
Replies: 57
Views: 6660

Re: General Electric

The perspective of the employee is different than the shareholder. That's fair. For what it's worth, though, the former employees I know refused to buy GE shares because, based on what they saw what they were there, they're pessimistic about the company's prospects. GE is a huge company. Unless you...
by munemaker
Tue Jun 12, 2018 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Which way to save for my child?
Replies: 32
Views: 1810

Re: Which way to save for my child?

fire_rebel wrote:
Mon Jun 11, 2018 2:37 pm
529 plan.
+1

Worked well for us
by munemaker
Tue Jun 12, 2018 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Paying off a mortgage: Incentivized by new tax law?
Replies: 17
Views: 1550

Re: Paying off a mortgage: Incentivized by new tax law?

Personally I don't invest in the stock market with borrowed money. I would pay off the loan now and invest later.
by munemaker
Mon Jun 11, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: When should you consider removing the collision coverage on a car?
Replies: 70
Views: 5410

Re: When should you consider removing the collision coverage on a car?

I think a factor in this decision should be your exposure to an accident. How much do you drive and is it in an urban or rural area? If you drive 200 miles/month in a rural area, your exposure is low. If you are commuting daily in dense, urban traffic, your chance of being involved in an accident i...
by munemaker
Mon Jun 11, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Pre 65 Retirees - Healthcare
Replies: 21
Views: 2020

Re: Pre 65 Retirees - Healthcare

You have two choices (that I know of): COBRA or ObamaCare. If you go with ObamaCare, how much you pay depends on your modified adjusted gross income. Use the calculator at https://www.kff.org/interactive/subsidy-calculator/ to get a very close estimate of what you will pay. My wife and I planned to ...
by munemaker
Sun Jun 10, 2018 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Question about drawing SS while working
Replies: 3
Views: 502

Re: Question about drawing SS while working

I like “immediately”. Getting smaller payments for more years trumps waiting to get larger payments for just a few years before start of spousal. The penalty for claiming early is maintained at the same dollar figure when spousal begins. Since benefit with spousal will be much larger, the penalty f...
by munemaker
Sun Jun 10, 2018 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Best banks for checking accounts?
Replies: 33
Views: 3206

Re: Best banks for checking accounts?

lostdog wrote:
Sun Jun 10, 2018 5:05 pm
Your local credit union.
I would like to love a credit union. They seem to be oriented more toward borrowers than depositors. I seldom find their rates competitive.
by munemaker
Sun Jun 10, 2018 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Best banks for checking accounts?
Replies: 33
Views: 3206

Re: Best banks for checking accounts?

I like Capital One 360.
by munemaker
Sun Jun 10, 2018 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Question about drawing SS while working
Replies: 3
Views: 502

Re: Question about drawing SS while working

I like “immediately”. Getting smaller payments for more years trumps waiting to get larger payments for just a few years before start of spousal. The penalty for claiming early is maintained at the same dollar figure when spousal begins. Since benefit with spousal will be much larger, the penalty f...
by munemaker
Sat Jun 09, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Question about drawing SS while working
Replies: 3
Views: 502

Question about drawing SS while working

Question is about my wife's SS. She works part time and earns about $7,000/year. She has SS earnings for 25 years. Her PIA is $500. She is almost 64 years old and intends to work until age 66. At 69, she will draw spousal on my record (I intend to claim at age 70), so the question is what is best fo...
by munemaker
Sat Jun 09, 2018 8:37 am
Forum: Personal Consumer Issues
Topic: Upgrade to SSD for 5-year old desktop?
Replies: 64
Views: 3347

Re: Upgrade to SSD for 5-year old desktop?

PFInterest wrote:
Sat Jun 09, 2018 2:01 am
mancich wrote:
Wed Jun 06, 2018 2:27 pm
Any other parts on desktop that tend to die with time? (power supply, motherboard etc)?
All of them.
Due to moving parts, the power supply (fan) and rotating hard drive have higher failure rates than solid state devices such as motherboard and solid state drives.
by munemaker
Sat Jun 09, 2018 8:35 am
Forum: Investing - Theory, News & General
Topic: General Electric
Replies: 57
Views: 6660

Re: General Electric

FedGuy wrote:
Sat Jun 09, 2018 8:29 am
AtlasShrugged? wrote:
Sat Jun 02, 2018 6:05 am
"And you worry about one bad chairman?"
I know several former GE employees who would tell you that GE is on its second consecutive bad chairman.
The perspective of the employee is different than the shareholder.
by munemaker
Fri Jun 08, 2018 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 9991

Re: Why do we work?

I think to a large degree, our work ethic (or lack thereof) comes from our upbringing.
by munemaker
Fri Jun 08, 2018 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Penfed CD @ 3% - 5 year
Replies: 16
Views: 2164

Re: Penfed CD @ 3% - 5 year

I just bought a brokered 3 year CD through Vanguard at 3%. So 3% for a 5 year CD does not seem like a high enough rate to me.

I don't recall what 5 year brokered CDs are paying.
by munemaker
Wed Jun 06, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: When should you consider removing the collision coverage on a car?
Replies: 70
Views: 5410

Re: When should you consider removing the collision coverage on a car?

I think a factor in this decision should be your exposure to an accident. How much do you drive and is it in an urban or rural area? If you drive 200 miles/month in a rural area, your exposure is low. If you are commuting daily in dense, urban traffic, your chance of being involved in an accident is...
by munemaker
Wed Jun 06, 2018 8:29 am
Forum: Personal Finance (Not Investing)
Topic: New SS claiming calculator ["Open Social Security" - ObliviousInvestor]
Replies: 65
Views: 5029

Re: New SS claiming calculator

Very nice, especially with Bedrock Capital's ssanalyze program no longer available. For those who want a second opinion and have access to Financial Engines (through Vanguard, for example), there is a nice SS claiming calculator available there. For those who want to fiddle with the discount rate, ...
by munemaker
Wed Jun 06, 2018 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Decisions and purchases before retirement
Replies: 16
Views: 1502

Re: Decisions and purchases before retirement

2) Brand new comfortable paid off cars I never got this idea of buying a new car in preparation for retirement. I do know people who have done it. Unless your driving needs change in retirement, why not just continue on your normal vehicle replacement schedule? I retired last year and find I am dri...
by munemaker
Mon Jun 04, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: CD ladder
Replies: 2
Views: 540

Re: CD ladder

Makes no sense to tie your cash up for 1.9% when the Vanguard Money Market Fund pays 1.9%.

For a ladder, I would go:
1 year - 2.25%
2 year - 2.80%
3 year - 3.0%
by munemaker
Mon Jun 04, 2018 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Using PersonalCapital, Mint, etc.... - and fraud concerns
Replies: 36
Views: 5513

Re: Using PersonalCapital, Mint, etc.... - and fraud concerns

All told, I was without online access for a couple of weeks while they investigated, and I shut down that aggregator's access as a result of this incident. ... Can you tell I'm a little bitter in this regard? That's exactly the time I would have called and threatened to move my account to Fidelity,...
by munemaker
Sun Jun 03, 2018 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17307

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

jminv wrote:
Sun Jun 03, 2018 5:54 pm
Yes, merit scholarships. Assuming no other non-test/academic factors that would make child's profile stand out, applying to a school where child is considered top flyer can lead to merit scholarships particularly in engineering and science schools.
Average kids can get merit scholarships?
by munemaker
Sun Jun 03, 2018 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8474

Re: is Having more and needing less normal?

- less inclined with DYU everything (build computers, etc) Yes, I am discovering there are people who will do that stuff for money . I can't imagine ever changing my own oil again... I am just the opposite on the DIY things. I have to plans to stop changing my oil, transmission fluid and rear end f...
by munemaker
Sat Jun 02, 2018 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17307

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

Ours didn't, and I am still bitter at basically having been bullied by the kids' high school advisors and others into applying for the FAF and the FAFSA, miserable paperwork and a lot of personal information I didn't particularly want to share. I kept saying "This is ridiculous. No college is going...
by munemaker
Sat Jun 02, 2018 9:38 am
Forum: Investing - Theory, News & General
Topic: Wade Pfau's Retirement Dashboard and the SOA Annuity Factor Calculator
Replies: 7
Views: 1198

Re: Wade Pfau's Retirement Dashboard and the SOA Annuity Factor Calculator

...Conversion of Portfolio Size to income is more than just a multiplier. It also has to do with the asset mix. Well yes, certainly the multiplier has to be selected based on your asset allocation for a safe withdrawal rate, but this is not difficult to do. For example, check out: https://earlyreti...
by munemaker
Sat Jun 02, 2018 6:45 am
Forum: Investing - Theory, News & General
Topic: Wade Pfau's Retirement Dashboard and the SOA Annuity Factor Calculator
Replies: 7
Views: 1198

Re: Wade Pfau's Retirement Dashboard and the SOA Annuity Factor Calculator

Bumping this thread as this is an excellent post. We should be thinking in terms of what it costs to purchase an income stream sufficient for us to retire on. In other words, we should think of retirement income and not so much about portfolio size. Isn't this what Financial Engines does (looks at ...
by munemaker
Fri Jun 01, 2018 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Best use for a $2k raise for a middle-income teacher
Replies: 35
Views: 3681

Re: Best use for a $2k raise for a middle-income teacher

I'm leaving KY in a few days precisely over pension plan issues. Got to hope there will be one in the future no doubt! Sadly for KY, that is indeed often the outcome of uncertainty around retirement benefits. A lot of smart public servants decide to go help the public in other states. Good luck to ...
by munemaker
Fri Jun 01, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8474

Re: is Having more and needing less normal?

FYI, wearing 10 year old clothes is a tip off you are older. Blue jeans and polo shirts are timeless . I used to throw out my jeans when they looked worn and had holes in them, but now such worn jeans are in style so I can get another decade out of them. Collars, cuts and sleeve lengths aren't. Lot...
by munemaker
Fri Jun 01, 2018 8:42 am
Forum: Personal Consumer Issues
Topic: Any reasons to not put money down for a Tesla Model 3?
Replies: 45
Views: 2854

Re: Any reasons to not put money down for a Tesla Model 3?

There are 20 pages of discussion by members who put money down on a Tesla Model 3 debating whether they should accept delivery of the vehicle or get a refund. You might start by reading that.
viewtopic.php?f=11&t=227143
by munemaker
Fri Jun 01, 2018 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Best use for a $2k raise for a middle-income teacher
Replies: 35
Views: 3681

Re: Best use for a $2k raise for a middle-income teacher

I'm leaving KY in a few days precisely over pension plan issues. Got to hope there will be one in the future no doubt! Sadly for KY, that is indeed often the outcome of uncertainty around retirement benefits. A lot of smart public servants decide to go help the public in other states. Good luck to ...
by munemaker
Fri Jun 01, 2018 6:54 am
Forum: Investing - Theory, News & General
Topic: Death of Holder CD?
Replies: 4
Views: 437

Re: Death of Holder CD?

I'm planning to purchase my CD's through Vanguard going forward, just curious how a new CD is available due to Death of Holder, wouldn't that be a secondary CD? I think you misunderstand the term "Death of Holder." CDs with the "Death of Holder" Put can reimburse your heirs for the par value of the...
by munemaker
Fri Jun 01, 2018 6:46 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8474

Re: is Having more and needing less normal?

I guess I’m reallly wondering if this feeling is the aging process, or if it is possible to be active, or even more active after retirement but with a simplified and less consumable lifestyle? Yes, I had/have pretty much the same feelings as you. Consolidated and simplified most of our financial as...
by munemaker
Fri Jun 01, 2018 6:38 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8474

Re: is Having more and needing less normal?

TheTimeLord wrote:
Thu May 31, 2018 8:55 pm
FYI, wearing 10 year old clothes is a tip off you are older.
Blue jeans and polo shirts are timeless. I used to throw out my jeans when they looked worn and had holes in them, but now such worn jeans are in style so I can get another decade out of them.
by munemaker
Thu May 31, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 278
Views: 39272

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

munemaker wrote:
Mon May 28, 2018 9:34 am
munemaker wrote:
Fri May 25, 2018 1:01 pm
CU LATER -->
Did you ever have your oil analyzed? Did it show gasoline in the oil? Could you please post the results?
I guess you don't want to tell us.
by munemaker
Thu May 31, 2018 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17307

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

2. We are an upper middle class family when my kids apply for college (i.e. a few million dollar net worth). Where does upper class start again? Funny thing about Americans, no matter our socioeconomic status, we all think we're middle class. Yes, if you have a couple million dollars, you are in th...
by munemaker
Wed May 30, 2018 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17307

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

One of our sons (Caucasian) was pretty bright and was offered scholarships from a number of private schools. He chose a well known public university where he/we did not receive a dime, and the cost came out about the same as the private universities after the scholarships were deducted. Actually he ...