Search found 1901 matches

by munemaker
Sun Sep 24, 2017 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: What's the purpose of having a child's name on a deed?
Replies: 20
Views: 1123

Re: What's the purpose of having a child's name on a deed?

Pennsylvania is not a community property state, so the step up basis on death only applies to the portion of the asset owned by the deceased party. For a married couple, the assumption is a 50/50 split absent a prenup, so on the death of one spouse, the survivor receives a step up basis on 50% of t...
by munemaker
Sun Sep 24, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: What's the purpose of having a child's name on a deed?
Replies: 20
Views: 1123

Re: What's the purpose of having a child's name on a deed?

My parents will listen to anyone who will give them advice. I have relatives who are like this. They put a young relatives name on the deed to their home. Not sure what the reasoning was. The young relative died first. They had to pay PA Inheritance Tax when they inherited part of their own house b...
by munemaker
Sun Sep 24, 2017 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: What's the purpose of having a child's name on a deed?
Replies: 20
Views: 1123

Re: What's the purpose of having a child's name on a deed?

My parents will listen to anyone who will give them advice. I have relatives who are like this. They put a young relatives name on the deed to their home. Not sure what the reasoning was. The young relative died first. They had to pay PA Inheritance Tax when they inherited part of their own house b...
by munemaker
Sun Sep 24, 2017 3:23 pm
Forum: Personal Consumer Issues
Topic: Honda CRV All Wheel Drive VS Front Wheel, Which One?
Replies: 26
Views: 1177

Re: Honda CRV All Wheel Drive VS Front Wheel, Which One?

It is hard to imagine anyone in a situation where AWD is required and FWD won't work. I don't doubt AWD is helpful to some people. In some of those cases 4WD in an actual off-road vehicle is the actual requirement. If you live in a snowy area, FWD will "work," but AWD will work a lot better. I say ...
by munemaker
Sun Sep 24, 2017 6:04 am
Forum: Investing - Help with Personal Investments
Topic: How do I retain check writing on bond fund?
Replies: 13
Views: 918

Re: How do I retain check writing on bond fund?

The message I received said if I write a check that clears by the end of October, I will maintain the check writing privleges.

I am going to write a check for $.02 and deposit it in my checking account. That should do it.
by munemaker
Sat Sep 23, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: BP monitor inaccurate–how to recalibrate? Or replace with which brand?
Replies: 10
Views: 467

Re: BP monitor inaccurate–how to recalibrate? Or replace with which brand?

I think you are supposed to be at rest for 5 minutes before taking your blood pressure measurement. That helps to get a more repetitive measurement. Seems like most people and even some professionals do not do this.
by munemaker
Sat Sep 23, 2017 3:42 pm
Forum: Personal Consumer Issues
Topic: Comfortable Vehicle Front Seats
Replies: 105
Views: 16990

Re: Comfortable Vehicle Front Seats

prudent wrote:
Thu Sep 21, 2017 11:17 am
I notice there's a company called Recaro that makes a line of aftermarket ergonomic car seats in different models.
Aren't these mainly for racing type cars? That's where I have always seen them. Seems like they would be out of place in an ordinary sedan.
by munemaker
Thu Sep 21, 2017 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Deceased Mother medical bill
Replies: 42
Views: 5139

Re: Deceased Mother medical bill

I went to the Civil court house the other day but wasn't allowed to filed a response with her death certificate because I wasn't the person petitioned. We followed the directions given to us here and are consulting with an attorney. Curious about your post. What was your purpose in visiting the cou...
by munemaker
Wed Sep 20, 2017 12:21 pm
Forum: Investing - Theory, News & General
Topic: Oil - Price & Supply/Demand Conundrum
Replies: 59
Views: 2919

Re: Oil - Price & Supply/Demand Conundrum

Doc wrote:
Wed Sep 20, 2017 9:18 am
Should we overweight or underweight the energy sector of our portfolios?
Personally, I just market weight the energy sector through the Total Market Index Fund, and do not try to time movements of the energy market, or any other market.
by munemaker
Tue Sep 19, 2017 8:01 am
Forum: Personal Consumer Issues
Topic: Time to buy a used VW Diesel?
Replies: 19
Views: 1346

Time to buy a used VW Diesel?

I noticed a large used car dealer I have dealt with suddenly has about 15 used VW diesels (2015s) of various models in stock. Strange they have not had any for years, and now they have so many at one time. At first glance, the prices seem good. Does anyone know what the financial implications of buy...
by munemaker
Mon Sep 18, 2017 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% CC or Citi double cash card?
Replies: 60
Views: 9242

Re: Fidelity 2% CC or Citi double cash card?

Why not get one and have your spouse get the other?
by munemaker
Mon Sep 18, 2017 12:25 pm
Forum: Personal Consumer Issues
Topic: 2018 Outback Limited vs. 2017 CR-V EX-L
Replies: 45
Views: 2813

Re: 2018 Outback Limited vs. 2017 CR-V EX-L

Run the numbers on the mileage difference. I bet the actual difference in gasoline cost is negligible. I would rule that out as a decision factor.
by munemaker
Fri Sep 15, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Deceased Mother medical bill
Replies: 42
Views: 5139

Re: Deceased Mother medical bill

Assuming no one guaranteed payment for her stay, I would just return the bill with a copy of the death certificate and call it done. Ball is in their court then.
by munemaker
Thu Sep 14, 2017 7:04 am
Forum: Personal Consumer Issues
Topic: Vacation after minor hurricane?
Replies: 25
Views: 1908

Re: Vacation after minor hurricane?

We are scheduled to stay at a resort in Orlando from 9/11 through 9/15. Orlando International Airport is closing Saturday at 5 pm and who knows when it will reopen. I just cancelled the resort. Still have to deal with the (prepaid) rental car and (normally) not-cancellable airline tickets. I would ...
by munemaker
Wed Sep 13, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone using i-orp as a guide for withdrawals?
Replies: 44
Views: 4446

Re: Anyone using i-orp as a guide for withdrawals?

I got tripped up on something by not thoroughly reading the i-ORP documentation. When looking through the "Federal Tax Bracket Report," I noticed that some lower brackets had zeros while higher brackets had entries, and wondered about entries in the 99-Max column. Reading through the documentation, ...
by munemaker
Wed Sep 13, 2017 8:58 am
Forum: Investing - Theory, News & General
Topic: China to ban petrol cars
Replies: 64
Views: 4229

Re: China to ban petrol cars

AS for grid source....an EV on the US grid-average in 2017 is 'cleaner' than a Prius. Outside appalachia, it is a no-brainer on that side. "Most of U.S. electricity is generated using fossil fuels... Natural gas was the source of about 34% of U.S. electricity generation in 2016... Coal was the seco...
by munemaker
Wed Sep 13, 2017 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Social Security hold harmless provision re Medicare premium increases
Replies: 7
Views: 1020

Re: Social Security hold harmless provision re Medicare premium increases

Old thread, but I have a related question. Scenario: Say I am planning to take SS (near the max) at 70. My DW was a stay-at-home mom and worked part time. She qualifies for SS on her own record with a PIA of about $6,000/year. Say she takes her SS at age 65 when I would be 66, and I take spousal on...
by munemaker
Tue Sep 12, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security hold harmless provision re Medicare premium increases
Replies: 7
Views: 1020

Re: Social Security hold harmless provision re Medicare premium increases

Old thread, but I have a related question. Scenario: Say I am planning to take SS (near the max) at 70. My DW was a stay-at-home mom and worked part time. She qualifies for SS on her own record with a PIA of about $6,000/year. Say she takes her SS at age 65 when I would be 66, and I take spousal on ...
by munemaker
Tue Sep 12, 2017 8:22 pm
Forum: Investing - Theory, News & General
Topic: China to ban petrol cars
Replies: 64
Views: 4229

Re: China to ban petrol cars

I am sure there are parts of the country where electric cars perform well. I question though, whether they are well suited for us in the rural northeast. Commuting distances are long. How will winter traction be with the high-torque electric motor? How much is mileage and range impacted by defrostin...
by munemaker
Tue Sep 12, 2017 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone using i-orp as a guide for withdrawals?
Replies: 44
Views: 4446

Re: Anyone using i-orp as a guide for withdrawals?

I glanced again at my I-orp results from multiple scenarios I ran a few days ago. If I read that right, the tax amount I will be paying is in the ridiculous category. My husband and I didn't pay that much tax when we were working, not the previous 5 years anyway. Something is odd with the results. ...
by munemaker
Mon Sep 11, 2017 5:17 pm
Forum: Investing - Theory, News & General
Topic: China to ban petrol cars
Replies: 64
Views: 4229

Re: China to ban petrol cars

http://www.bbc.com/news/business-41218243 I can not believe it is happenning USA used to be the leader in these things but now look who is more bold. So you think the US should be the leader in banning petrol cars? of course electric cars are the future This may be true, however there are several p...
by munemaker
Mon Sep 11, 2017 5:14 pm
Forum: Personal Consumer Issues
Topic: Do I need an Amazon Echo??.....
Replies: 68
Views: 4683

Re: Do I need an Amazon Echo??.....

harrington wrote:
Wed Sep 06, 2017 3:49 pm
QVC is selling the full size Amazon Echo for $74.95 and free shipping. That's an amazing price but do I need one?
If you have to ask if you need it, you don't.
by munemaker
Mon Sep 11, 2017 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: What index funds that will benefit from resent disasters
Replies: 21
Views: 1692

Re: What index funds that will benefit from resent disasters

Kingfish wrote:
Mon Sep 11, 2017 8:53 am
Looking for suggestions on index funds that will benefit from resent disasters in Texas and Florida!
I advise against doing this. It is market timing. Just buy the total stock market index and you'll do fine.
by munemaker
Mon Sep 11, 2017 4:16 pm
Forum: Investing - Theory, News & General
Topic: China to ban petrol cars
Replies: 64
Views: 4229

Re: China to ban petrol cars

misterno wrote:
Mon Sep 11, 2017 3:41 pm
http://www.bbc.com/news/business-41218243

I can not believe it is happenning

USA used to be the leader in these things but now look who is more bold.
So you think the US should be the leader in banning petrol cars?
by munemaker
Sun Sep 10, 2017 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone use Financial Engines?
Replies: 50
Views: 44372

Re: Not for me

I tried to use it but it is hard to use when retired or semi retired and not old enough to get SS. It seems to make too many generic assumptions. I called and spoke with two different Vanguard people, neither were able to help me use it. They can't help you use it because it is a tool for pre-retir...
by munemaker
Sat Sep 09, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: Luxury car: perception vs reality
Replies: 118
Views: 6030

Re: Luxury car: perception vs reality

Is the purpose of a luxury car to make the owner more comfortable, or is it to project an image of affluence to others?
by munemaker
Fri Sep 08, 2017 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone using i-orp as a guide for withdrawals?
Replies: 44
Views: 4446

Re: Anyone using i-orp as a guide for withdrawals?

I really wish a TE approach could be made a part of ORP Gatorbyter Refer to the attachment: "Validating the Optimal Retirement Planner," page 5. It compares the TE approach with i-ORP's approach and concludes they are not identical, but similar. "The striking aspect about both graphs is that not on...
by munemaker
Fri Sep 08, 2017 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Anyone using i-orp as a guide for withdrawals?
Replies: 44
Views: 4446

Re: Anyone using i-orp as a guide for withdrawals?

smitcat wrote:
Fri Sep 08, 2017 8:47 am
Gatorbyter raised the question of a potential 'better' TE approach - not sure what exactly he believe the IORP in fact does.
I hope Gatorbyter responds. I would like to hear his perspective on this (i.e. why he believes i-Orp does not follow the TE approach).
by munemaker
Thu Sep 07, 2017 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone using i-orp as a guide for withdrawals?
Replies: 44
Views: 4446

Re: Anyone using i-orp as a guide for withdrawals?

While I love ORP and have been using it for years .... there is a fundamental problem with the withdrawal logic. ORP uses the Common Rule (CR) for withdrawals which involves withdraw of taxable savings before tax-deferred savings, but this strategy can artificially inflate required minimum distribu...
by munemaker
Thu Sep 07, 2017 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One -- Again!
Replies: 51
Views: 8332

Re: Capital One -- Again!

I still can't believe they axed remote check deposit without even mentioning it. Something weird going on here. I just deposited two checks from my phone with no problems. This was the evening of 09/06/2017. I think the phone app still works. They've removed the ability to deposit checks on the web...
by munemaker
Thu Sep 07, 2017 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 8412

Re: Protecting moms assets from nursing home expenses

Another way, as accurate in my opinion, is asking how to have the taxpayers fund her nursing home expenses so that her family can have and keep her funds. I completely understand the sentiment, and mostly agree with it. But, i do sometimes question whether this is really any different than say mana...
by munemaker
Thu Sep 07, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Check Received: What to do?
Replies: 22
Views: 2144

Re: Check Received: What to do?

I would have your wife endorse it with EX after her name. Deposit it and forget about it. The effect on the estate is so tiny, no one is going to care.
by munemaker
Thu Sep 07, 2017 3:15 pm
Forum: Investing - Theory, News & General
Topic: Actually feeling pretty good about my active decisions
Replies: 20
Views: 2551

Re: Actually feeling pretty good about my active decisions

Most people won't know what you are talking about as they have not memorized multiple etc symbols. Google is your friend: VBR - Vanguard Small Cap Value VDC - Vanguard Consumer Staples VWO - Vanguard Emerging Market Index VOE - Vanguard Mid Cap Value VSS - All World ex US Small Cap MSUM - iShares M...
by munemaker
Thu Sep 07, 2017 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 8412

Re: Protecting moms assets from nursing home expenses

My parents transferred their home to all of their children when they retired and they retained life use. My mother decided to sell the house and move to a senior friendly apartment at the age of 86 after my father passed. Neither Dad not Mom ever needed skilled nursing care for more than a few week...
by munemaker
Thu Sep 07, 2017 10:34 am
Forum: Personal Consumer Issues
Topic: If a tree falls
Replies: 68
Views: 6251

Re: If a tree falls

cheese_breath wrote:
Sat Dec 17, 2016 9:49 pm
I'd just take care of the part that's on my property and let the neighbor worry about the rest.
Yep. That's your responsibility. Cut and dispose of it up to the property line.
by munemaker
Thu Sep 07, 2017 10:27 am
Forum: Personal Consumer Issues
Topic: Vacation after minor hurricane?
Replies: 25
Views: 1908

Re: Vacation after minor hurricane?

We are scheduled to leave on Saturday for a 10-day trip to Hilton Head, SC. For what it's worth, you have my complete sympathy. DW and I are supposed to leave Saturday for a 10-day stay in Jamaica, with flight path directly over the Florida peninsula. I don't think that's gonna happen. :( We are sc...
by munemaker
Wed Sep 06, 2017 9:13 pm
Forum: Personal Consumer Issues
Topic: Companies/Brands You Love?
Replies: 156
Views: 9404

Re: Companies/Brands You Love?

Graeter's ice cream Marion's pizza WARPED Wing beer Mikesell potatoe chips Fox News Are any of these real? Google is your friend! Graeter's = https://www.graeters.com/ Marion's = http://www.marionspiazza.com/ Warped = http://www.warpedwing.com/ Mikesell = http://www.mike-sells.com/products.php FOX ...
by munemaker
Wed Sep 06, 2017 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One -- Again!
Replies: 51
Views: 8332

Re: Capital One -- Again!

compoundloss wrote:
Tue Sep 05, 2017 3:06 pm

I still can't believe they axed remote check deposit without even mentioning it.
Something weird going on here. I just deposited two checks from my phone with no problems. This was the evening of 09/06/2017.
by munemaker
Wed Sep 06, 2017 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Strange Macy's Credit Card Problem
Replies: 4
Views: 785

Re: Strange Macy's Credit Card Problem

I called Macys Customer Service back today during business hours. I was on hold for about 30 minutes, and when I got through was transferred to the technical department; ultimately reached a competent person that spoke English. Halaleua! He immediately tried to get me to use a different email addres...
by munemaker
Tue Sep 05, 2017 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 8412

Re: Protecting moms assets from nursing home expenses

... Having said that, we all have an obligation to see that our elders' money is used to get them the best care possible rather than being saved to benefit their heirs. I think it's fair to say that many families take steps to preserve their elders' assets not to benefit from inheritance, but to in...
by munemaker
Tue Sep 05, 2017 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 8412

Re: Protecting moms assets from nursing home expenses

My parents transferred their home to all of their children when they retired and they retained life use. My mother decided to sell the house and move to a senior friendly apartment at the age of 86 after my father passed. Neither Dad not Mom ever needed skilled nursing care for more than a few week...
by munemaker
Tue Sep 05, 2017 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Strange Macy's Credit Card Problem
Replies: 4
Views: 785

Strange Macy's Credit Card Problem

Today I attempted to log on to my Macy's credit card webpage to review my account, which I have had for years. When I entered my user name and password, I received a message that I had to reset my password. Seemed strange since Macy's has never asked me to do this before. Received a prompt to enter ...
by munemaker
Tue Sep 05, 2017 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone using i-orp as a guide for withdrawals?
Replies: 44
Views: 4446

Re: Anyone using i-orp as a guide for withdrawals?

While I love ORP and have been using it for years .... there is a fundamental problem with the withdrawal logic. ORP uses the Common Rule (CR) for withdrawals which involves withdraw of taxable savings before tax-deferred savings, but this strategy can artificially inflate required minimum distribu...
by munemaker
Mon Sep 04, 2017 2:07 pm
Forum: Investing - Theory, News & General
Topic: How I use I-ORP, and who shouldn't
Replies: 121
Views: 11266

Re: How I use I-ORP, and who shouldn't

DrGoogle2017 wrote:
Mon Sep 04, 2017 12:37 pm
...I noticed a flaw, real flaw I think. I-orp assumes you get nothing from SS if your spouse dies before you get SS at age 70. But in real life, you get window benefits after age 60.
Just plug in SS survivor's benefits at age __ (whatever you selected) and rerun it.
by munemaker
Mon Sep 04, 2017 8:58 am
Forum: Investing - Theory, News & General
Topic: How I use I-ORP, and who shouldn't
Replies: 121
Views: 11266

Re: How I use I-ORP, and who shouldn't

Which Retirement Spending Plan are people using? I think I am favoring the use of Age Banding, although Retirement Reality produces the most favorable results for me by a wide margin. 1) Constant Spending 2) Retirement Reality Spending 3) Changing Consumption 4) The Lifecycle of Spending 5) The Age...
by munemaker
Sun Sep 03, 2017 7:31 pm
Forum: Investing - Theory, News & General
Topic: How much weight do you put on back-testing?
Replies: 53
Views: 3284

Re: How much weight do you put on back-testing?

A lot of things are generally accepted based on historical results. Examples: - long term inflation rate of 2.5% - small cap, small cap value and large cap value do better long term than the overall market - foreign stocks reduce risk - over the long run, stocks have better returns than bonds. I do...
by munemaker
Sun Sep 03, 2017 7:26 pm
Forum: Personal Consumer Issues
Topic: Would you rather (car wash/detail)
Replies: 31
Views: 2872

Re: Would you rather (car wash/detail)

If you see them using old ...bath towels ..., run far, far away. I have been hand washing my car for years with an occasional paste wax and once a year clay wipe. I always use car wash soap (never Dawn or any dish washing detergent), but I do dry it with old bath towels. I never noticed an issue. W...
by munemaker
Sun Sep 03, 2017 7:19 pm
Forum: Personal Consumer Issues
Topic: Tree damaged our fence, what to expect.
Replies: 11
Views: 977

Re: Tree damaged our fence, what to expect.

... In my two cases, I just decided to cut it up and repair the chain link fence myself. Until you mentioned it, I hadn't thought of it as a DIY project. YouTube seems to show it is do-able. (Edit: I am referring to fixing the fence, not cutting up the tree :happy ) I guess it depends on the size o...
by munemaker
Sun Sep 03, 2017 7:06 pm
Forum: Personal Consumer Issues
Topic: Would you rather (car wash/detail)
Replies: 31
Views: 2872

Re: Would you rather (car wash/detail)

If you see them using old ...bath towels ..., run far, far away. I have been hand washing my car for years with an occasional paste wax and once a year clay wipe. I always use car wash soap (never Dawn or any dish washing detergent), but I do dry it with old bath towels. I never noticed an issue. W...
by munemaker
Sun Sep 03, 2017 6:47 pm
Forum: Investing - Theory, News & General
Topic: How much weight do you put on back-testing?
Replies: 53
Views: 3284

Re: How much weight do you put on back-testing?

A lot of things are generally accepted based on historical results. Examples:

- long term inflation rate of 2.5%
- small cap, small cap value and large cap value do better long term than the overall market
- foreign stocks reduce risk
- over the long run, stocks have better returns than bonds.