Search found 3573 matches

by munemaker
Tue Dec 18, 2018 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Is anyone's portfolio not tanking???
Replies: 64
Views: 3785

Re: Is anyone's portfolio not tanking???

Stocks go up; stocks go down. If you have the proper asset allocation, you just ignore it and life goes on.
by munemaker
Mon Dec 17, 2018 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 185
Views: 13192

Re: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court

The most conmon preexisting condition is being overweight. An insurance underwriter can simply look at your weight and BMI from your old records and deem you uninsurable. How many Americans do you think are overweight? a majority..and it's alarming that so many would jeopardize living a longer life...
by munemaker
Mon Dec 17, 2018 8:51 pm
Forum: Investing - Theory, News & General
Topic: Gundlach says passive investing has reached 'mania' status and says investors should avoid index funds
Replies: 52
Views: 5093

Re: Gundlach says passive investing has reached 'mania' status and says investors should avoid index funds

"Gundlach says passive investing has reached 'mania' status and says investors should avoid index funds" https://www.cnbc.com/2018/12/17/gundlach-says-passive-investing-has-reached-mania-status.html Thoughts? I would not listen to him and I would continue to invest in passive index funds. A lot of ...
by munemaker
Mon Dec 17, 2018 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 185
Views: 13192

Re: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court

The most conmon preexisting condition is being overweight. An insurance underwriter can simply look at your weight and BMI from your old records and deem you uninsurable. How many Americans do you think are overweight? a majority..and it's alarming that so many would jeopardize living a longer life...
by munemaker
Mon Dec 17, 2018 2:55 pm
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 231
Views: 17950

Re: What Happened to you during the Financial crisis of 2007–2008

Nothing at all happened to us. I kept my job. I did not change my investments or my asset allocation. My payroll deductions to the 401k continued.

Did not appreciate the government meddling in the financial markets though.
by munemaker
Mon Dec 17, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 185
Views: 13192

Re: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court

libralibra wrote:
Mon Dec 17, 2018 12:55 pm
I wonder if they will have to issue refunds for all the 3.8% NIIT that was collected. Or at least, if ultimately upheld, does that mean any gains starting last Friday should not be subject to NIIT?
In my opinion, that's about as unlikely as having to repay subsidies that were taken in the past.
by munemaker
Mon Dec 17, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 185
Views: 13192

Re: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court

bearcub wrote:
Mon Dec 17, 2018 11:30 am
...business as always. "meet the new boss man,same as the old one" LOL. Roger Daltrey.
"The change it had to come. We knew it all along." LOL Peter Townshend
by munemaker
Mon Dec 17, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 185
Views: 13192

Re: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court

book lover wrote:
Mon Dec 17, 2018 9:13 am
Since 2014, we have been fortunate to receive subsidies due to the A.C.A. If we have to pay those subsidies back in future higher health insurance premium costs, we will adapt.
Very unlikely you will have to repay subsidies you received in the past.
by munemaker
Sun Dec 16, 2018 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Passing assets to next generation, best way !!!
Replies: 23
Views: 1165

Re: Passing assets to next generation, best way !!!

Roth IRA with designated beneficiary works really well.
by munemaker
Sun Dec 16, 2018 7:40 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 152
Views: 9478

Re: Favorite Purchase of 2018?

Surprisingly to me, the one that sticks out the most is a Wifi/Cloud photo frame. A relative set one up for my overseas grandparents, so everyone could upload pictures to that frame from all over the world. We tried that with grandma. She thinks it is a TV set. Turns it on to watch the pictures, th...
by munemaker
Sun Dec 16, 2018 7:35 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 152
Views: 9478

Re: Favorite Purchase of 2018?

Thinking about this more than I probably should have, my favorite purchase of 2018 had to be our UPMC Silver ObamaCare Plan purchased on the federal exchange. It costs $1,600 to insure my wife and I for the year, and it is comparable to my previous employer-provided plan. Some runners up: I bought a...
by munemaker
Sun Dec 16, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: Bullish/bearish on GE? Make your case here - new lows today
Replies: 71
Views: 7079

Re: Bullish/bearish on GE? Make your case here - new lows today

GE is doing decade lows today. I bought $2000 worth at 12.xx today . If you liked it at $12.XX, you LOVE it at $7.01. Back up the truck! Seriously, SPECULATING on GE is a loser's game. You will do much better INVESTING in a diversified equity mutual fund. i sold this on Oct 9th for a 11% gain.. sam...
by munemaker
Sun Dec 16, 2018 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 185
Views: 13192

Re: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court

A-Commoner wrote:
Sun Dec 16, 2018 1:58 pm
abstain from alcohol
Studies have shown one drink/day for men can be beneficial.
by munemaker
Sun Dec 16, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 185
Views: 13192

Re: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court

New York enacted some protections in 2009. Adult children may stay on their parent's employer group health insurance until age 29: https://www.dfs.ny.gov/consumer/faqs/faqs_S6030_Age29_make.htm. COBRA is available for 36 months: https://www.dfs.ny.gov/consumer/cobra_ext_36.htm. Doesn't NY also proh...
by munemaker
Sat Dec 15, 2018 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Forgoing health insurance
Replies: 112
Views: 5062

Re: Forgoing health insurance

She is a teacher and had excellent health insurance. Out of curiousity, what details of her insurance plan indicate it's "excellence"? I hear this often but I'm never sure what this means or how the consumer would know. Excellent insurance plan means the plan pays everything and you pay nothing.
by munemaker
Sat Dec 15, 2018 10:41 pm
Forum: Personal Consumer Issues
Topic: Adult Games / Board Games - Recommendations
Replies: 52
Views: 2847

Re: Adult Games / Board Games - Recommendations

Twister is an old favorite:

Image
by munemaker
Sat Dec 15, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 185
Views: 13192

Re: Obamacare (ACA) Ruled Illegal by Texas Federal Court

If you are responsible and are continuously covered by health insurance, as you should be, what is the concern about preexisting conditions? Can someone please explain? We're mixing HIPAA and ACA. With HIPAA and employer coverage, pre-existing conditions must be covered if the employee had continuo...
by munemaker
Sat Dec 15, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Barclaycard Arrival Plus™ World Elite Mastercard®
Replies: 19
Views: 1633

Re: Barclaycard Arrival Plus™ World Elite Mastercard®

Horrible card. Counterpoint: I had this card a few years ago, milked it for the rewards (not sure if it was $700 back then, might have been $500?) and closed it before the fee. Then, immediately my wife got the same card and we repeated the exercise. It was an easy $1,000+, I think. If you travel, ...
by munemaker
Sat Dec 15, 2018 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Real experiences of someone who did not have Medigap policy?
Replies: 21
Views: 2175

Re: Real experiences of someone who did not have Medigap policy?

Looking4Answers wrote:
Sat Dec 15, 2018 2:28 pm
There have been a number of discussions of the pros and cons of self-insuring vs. Medicare supplemental policies.
Just want to point out that Medicare Advantage is another option, aside from self-insuring and Medicare Supplemental policies.
by munemaker
Sat Dec 15, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 185
Views: 13192

Re: OBAMACARE RULED ILLEGAL BY TEXAS COURT

fsrph wrote:
Sat Dec 15, 2018 8:44 am
Supposedly, this issue will next go to a Circuit Appeal court then the Supreme Court. This was a court ruling not a change in current law yet.
Francis
Question: Doesn't a court ruling have the same effect as changing the law? Is there a difference?
by munemaker
Sat Dec 15, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 185
Views: 13192

Re: Obamacare (ACA) Ruled Illegal by Texas Federal Court

... if you had any preexisting condition at all, you couldn’t get insurance at any price. I would like to better understand the comments about preexisting conditions. First...if someone chooses not to buy health insurance, develops a condition, and then wants to buy it after the fact, that would be...
by munemaker
Sat Dec 15, 2018 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 185
Views: 13192

Re: Obamacare (ACA) Ruled Illegal by Texas Federal Court

Kenkat wrote:
Sat Dec 15, 2018 11:32 am
I would point out that the court ruled that it is unconstitutional, not illegal. There is a difference.
Generally speaking, in the U.S. actions are said to be "illegal" whereas laws are said to be "unconstitutional."
by munemaker
Sat Dec 15, 2018 11:18 am
Forum: Personal Finance (Not Investing)
Topic: How can you get a car w/ taxi or police package?
Replies: 13
Views: 2240

Re: How can you get a car w/ taxi or police package?

Buddy of mine @ uni got one from the police auction 30 years ago - quite the car indeed w/ the 454 and dual exhausts - still black+white even! Probably got 9 mpg but gas was cheaper. Was this guy your buddy, by any chance? https://www.youtube.com/watch?v=jKmuKjpKPIo https://www.seo-e.com/wp-content...
by munemaker
Fri Dec 14, 2018 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 450
Views: 171630

Re: Retiree Portfolio Model

Question to BIGFOOT: I vaguely seem to remember you saying you were going to issue an update around the beginning of 2019. Is this true? The reason I ask is I will be updating my data inputs at the beginning of the year, and if a new version will be out, I want to use it. Thanks! Set for release Ja...
by munemaker
Fri Dec 14, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Forgoing health insurance
Replies: 112
Views: 5062

Re: Forgoing health insurance

Forgoing health insurance would be a very bad decision. Bad enough you would make this decision for yourself, but your wife and 3 kids? It is irresponsible. What if you are in a vehicle accident, or a child is injured in a sporting event, or you have a heart attack or are diagnosed with cancer? Ther...
by munemaker
Fri Dec 14, 2018 11:17 pm
Forum: Personal Consumer Issues
Topic: New York camera stores, online purchases
Replies: 16
Views: 953

Re: New York camera stores, online purchases

I bought a couple Chromebooks from B&H. Prices were good and orders were promptly filled and delivered. I recently bought a Fender Telecaster guitar from Adorama. Really great sale price and prompt delivery. Like most transactions, you really don't know how good a business is until you have a proble...
by munemaker
Fri Dec 14, 2018 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 450
Views: 171630

Re: Retiree Portfolio Model

Question to BIGFOOT:

I vaguely seem to remember you saying you were going to issue an update around the beginning of 2019. Is this true?

The reason I ask is I will be updating my data inputs at the beginning of the year, and if a new version will be out, I want to use it.

Thanks!
by munemaker
Fri Dec 14, 2018 1:47 pm
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 102
Views: 5075

Re: Volkswagen Reliability

Do you really believe that VW Golfs added in anyway to the pollution? It's just hilarious... It was really more about breaking the law than about the pollution. OK, so I became curious about this and checked it out on Wikipedia. Someone previously posted this pollution was laughable. That's what I ...
by munemaker
Fri Dec 14, 2018 1:10 pm
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 102
Views: 5075

Re: Volkswagen Reliability

Do you really believe that VW Golfs added in anyway to the pollution? It's just hilarious... It was really more about breaking the law than about the pollution. It's hard to believe it. First of all is impossible to justify a fine equal to almost 10% of market cap for a company selling very few (re...
by munemaker
Fri Dec 14, 2018 1:07 pm
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 102
Views: 5075

Re: Volkswagen Reliability

For those with first hand experience with newer (2010+) Volkswagens, what has your experience been in regards to reliability? I am considering a new Golf GTI and my only reservation is whether it can serve me well for ~10 years or so. You are asking a small group of people on a forum. Absolutely in...
by munemaker
Fri Dec 14, 2018 8:58 am
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 102
Views: 5075

Re: Volkswagen Reliability

Do you really believe that VW Golfs added in anyway to the pollution? It's just hilarious... It was really more about breaking the law than about the pollution. Just curious, where did the $4B in fines go? Who got the money? I did find this in Wikipedia: Volkswagen will also pay $2.7 billion for en...
by munemaker
Fri Dec 14, 2018 8:52 am
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 102
Views: 5075

Re: Volkswagen Reliability

Do you really believe that VW Golfs added in anyway to the pollution? It's just hilarious... It was really more about breaking the law than about the pollution. OK, so I became curious about this and checked it out on Wikipedia. Someone previously posted this pollution was laughable. That's what I ...
by munemaker
Fri Dec 14, 2018 8:13 am
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 102
Views: 5075

Re: Volkswagen Reliability

Starfish wrote:
Fri Dec 14, 2018 12:48 am

Do you really believe that VW Golfs added in anyway to the pollution? It's just hilarious...
It was really more about breaking the law than about the pollution.
by munemaker
Thu Dec 13, 2018 9:15 pm
Forum: Personal Consumer Issues
Topic: Personal Adventure - recommendations
Replies: 97
Views: 6425

Re: Personal Adventure - recommendations

How about exploring abandoned mines in West Virginia?
by munemaker
Thu Dec 13, 2018 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 21724

Re: What percentage of your net worth is your home equity?

Some folks do not consider home equity as part of net worth. If you want to count home equity as part of your net worth, go right ahead. Your choice your life. We agree to disagree. Maybe those folks could just use the term NetKlang FoolWorth to avoid confusion? Or perhaps we could call it by what ...
by munemaker
Wed Dec 12, 2018 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 21724

Re: What percentage of your net worth is your home equity?

OP, I do not count my house as part of my net worth. If someone is counting the house as part of their net worth, they had bought too much house. KlangFool I will post this once and will not further argue with you about it. Feel free to have the last word if you like. The legal term net worth is no...
by munemaker
Wed Dec 12, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 21724

Re: What percentage of your net worth is your home equity?

OP, I do not count my house as part of my net worth. If someone is counting the house as part of their net worth, they had bought too much house. KlangFool I will post this once and will not further argue with you about it. Feel free to have the last word if you like. The legal term net worth is no...
by munemaker
Wed Dec 12, 2018 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 21724

Re: What percentage of your net worth is your home equity?

KlangFool wrote:
Tue Dec 11, 2018 4:28 pm
OP,

I do not count my house as part of my net worth. If someone is counting the house as part of their net worth, they had bought too much house.

KlangFool
or they have too little net worth.
by munemaker
Tue Dec 11, 2018 7:00 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 552
Views: 55786

Re: What frugal thing did you do today?

Traveled 294 miles there and back on Megabus $1 tickets plus $2 fee. Cost per mile $.014. You overpaid! Saved a $5 fare by hitching a ride on the back of a WMATA bus: https://www.kxan.com/news/national-news/video-man-seen-clinging-to-back-of-washington-dc-metro-bus/1653470665 (ok, it wasn't actuall...
by munemaker
Tue Dec 11, 2018 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: The Disaster That Is General Electric Company Stock
Replies: 53
Views: 9983

Re: The Disaster That Is General Electric Company Stock

Hello BH, Good morning munemaker, Apparently some on here think this is a buying opportunity. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=232792 Personally, I say stay away from individual stocks and buy mutual funds. Most will do a lot better in the long run. Thanks for linking my post th...
by munemaker
Tue Dec 11, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: Fidelity Rep: Don't use target date because you can't time the market.
Replies: 19
Views: 2585

Re: Fidelity Rep: Don't use target date because you can't time the market.

In a phone call this afternoon, a Fidelity rep recommended not using target date funds because they automatically adjust and I wouldn't be able to time the market and rebalance during a dip. Thoughts??? You are smart to ask about this! My thought is he wants to put you in a fund where Fidelity make...
by munemaker
Tue Dec 11, 2018 10:17 am
Forum: Personal Consumer Issues
Topic: Participant Interests (Not) Aligned with Medicare Advantage Plans?
Replies: 7
Views: 520

Re: Participant Interests (Not) Aligned with Medicare Advantage Plans?

Medicare Advantage plans seem to get a bad rap on this site. I am guessing there must be some bad ones. I spent a lot of time researching my decision. I read the book "Medicare for Dummies" (highly recommended) and the free book from Medicare ("Medicare and You" or something like that). I talked to ...
by munemaker
Sun Dec 09, 2018 1:29 am
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 137
Views: 18543

Re: Teachers Who Have Net Worth of $1 million +

sawhorse wrote:
Sun Dec 09, 2018 1:22 am
Increasingly they have to work in the summer too, often unpaid.
Wasn't slavery abolished years ago?
by munemaker
Sun Dec 09, 2018 1:09 am
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 137
Views: 18543

Re: Teachers Who Have Net Worth of $1 million +

teachers are generally paid less than other professionals with a similar level of education. True, but there are offsets. Teachers generally have defined benefit pensions, work many less hours per year and have job security; private sector generally does not have these niceties. Work out the compen...
by munemaker
Sat Dec 08, 2018 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 137
Views: 18543

Re: Teachers Who Have Net Worth of $1 million +

sawhorse wrote:
Sat Dec 08, 2018 10:38 pm
Job security is lower.
I guess we live in alternate universes. In PA, once a teacher has tenure, it is very difficult for the administration to remove them for poor performance.

Much more job security than the private sector.
by munemaker
Sat Dec 08, 2018 10:46 pm
Forum: Personal Consumer Issues
Topic: New QUIET Tires for Accord
Replies: 37
Views: 2507

Re: New QUIET Tires for Accord

Kenkat wrote:
Wed Dec 05, 2018 12:47 pm
I had the Pirelli P7’s on my 2005 Camry and they did not wear well at all.
I think the tires that have longer life are going to be noisier because the rubber is harder. I don't think you are going to get a quiet tire and a long life tire. Pick one or the other.
by munemaker
Sat Dec 08, 2018 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: TaxCaster for 2018 estimated taxes
Replies: 10
Views: 1131

Re: TaxCaster for 2018 estimated taxes

I used TaxCaster to estimate my 2018 taxes and was surprised to see that it shows we will owe about $8500 in addition to my w/holding. I got a similar result with the H&R Block estimator. I presume both of these programs have been updated based on the 2018 tax reform. Based on new tax rates for MFJ...
by munemaker
Sat Dec 08, 2018 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 137
Views: 18543

Re: Teachers Who Have Net Worth of $1 million +

I would encourage young teachers to start saving aggressively in a 403B right away... Maybe...I guess this depends on what kind of pension you have. I know a retired PA teacher who is married to a retired federal employee. The retired teacher has a million dollar pension (not sure about the retired...
by munemaker
Sat Dec 08, 2018 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: ACA - prove you don't have income
Replies: 22
Views: 3084

Re: ACA - prove you don't have income

My question is how do you prove a negative (that I don't have a job)? When I retired, I asked our HR Manager to provide me with a letter congratulating me on my retirement (including the effective date, and stating the date on which my employer provided insurance ended) which she did, just for this...
by munemaker
Sat Dec 08, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Skipping last COBRA payment
Replies: 25
Views: 2531

Re: Skipping last cobra payment

Great tip, but too late for me. I could have used this last year for vision & dental COBRA if I had known.