Search found 964 matches

by skepticalobserver
Tue May 14, 2019 11:25 am
Forum: Personal Consumer Issues
Topic: Dale Carnegie training
Replies: 23
Views: 2499

Re: Dale Carnegie training

After my dad was discharged from the service in 1945 he took the Dale Carnegie course. He told me it helped him as a salesman; he ran his own business for about 45 years and did very well.
by skepticalobserver
Sat May 11, 2019 9:44 am
Forum: Personal Consumer Issues
Topic: Cannanine Oil for Dogs - Have you used it?
Replies: 3
Views: 309

Cannanine Oil for Dogs - Have you used it?

A friend of mine has a five-year-old, 7.5-pound Yorkie Pooh named Annabelle. Recently Annabelle has been exhibiting a great deal anxiety, especially the separation kind. After a thorough veterinary examination Xanax was prescribed (for Annabelle). As an alternative to Xanax my friend was thinking ab...
by skepticalobserver
Tue May 07, 2019 7:50 am
Forum: Personal Consumer Issues
Topic: Lost Mail
Replies: 29
Views: 1618

Re: Lost Mail

Thanks Mike.

My concern is those much larger checks I mail from time-to-time. I pay on line when I can.

Also, I hear about “washing” of stolen checks and withdrawal of bank funds using account and routing numbers off pilfered checks.
by skepticalobserver
Tue May 07, 2019 7:38 am
Forum: Personal Consumer Issues
Topic: Lost Mail
Replies: 29
Views: 1618

Lost Mail

I mailed two checks to vendors from the PO on April 1st for nominal amounts, $70 and $69. Neither made it to the addressees (one of which is a couple of zip codes away). I stopped payment late April ($32 each!). Called the bank this morning and neither check has hit the account. Question: is there a...
by skepticalobserver
Sat Apr 27, 2019 5:18 pm
Forum: Personal Investments
Topic: Investing in a Broadway show production
Replies: 38
Views: 3534

Re: Investing in a Broadway show production

Years ago, I did securities work on these, then called “theatricals." Also, co-produced a bus and truck tour. If Actors Equity didn’t require producers to post bonds for salaries the performers would probably never get paid! Treat your investment as Vegas money. Go opening night. Do they still celeb...
by skepticalobserver
Thu Apr 25, 2019 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a Financial Advisor
Replies: 41
Views: 2009

Re: Becoming a Financial Advisor

Getting a fee for babysitting AUM is the nearest thing to a tollboth. Go for it. Some of us actually have do something to get paid. Oh, and WC Fields had some thoughts on this... My thought was to offer my services for free to anyone under a certain asset threshold or income level and then offer my ...
by skepticalobserver
Thu Apr 25, 2019 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a Financial Advisor
Replies: 41
Views: 2009

Re: Becoming a Financial Advisor

Getting a fee for babysitting AUM is the nearest thing to a tollboth. Go for it. Some of us actually have do something to get paid. Oh, and WC Fields had some thoughts on this... My thought was to offer my services for free to anyone under a certain asset threshold or income level and then offer my ...
by skepticalobserver
Wed Apr 24, 2019 1:39 pm
Forum: Investing - Theory, News & General
Topic: New Wealthfront Cash account 2.24% w/ FDIC up to 1mm. Anything similar?
Replies: 21
Views: 2377

Re: New Wealthfront Cash account 2.24% w/ FDIC up to 1mm. Anything similar?

For that size consider 4 week, 8 week or 3 month t-bills. Stagger them. Very, very insured, so to say.
by skepticalobserver
Tue Apr 16, 2019 5:59 pm
Forum: Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 50
Views: 6417

Re: Treasury Floating Rate Note-Has its Time Arrived?

I recenty read (I can't recall where) about difficulty selling FRN's in the seconday market; it took a day or so for an offer and the spread was wide, unlike most treasury issues that are sold online within minutes (in my experience) with very narrow spreads. The foregoing is moot If you're holding ...
by skepticalobserver
Tue Apr 16, 2019 5:55 pm
Forum: Personal Investments
Topic: buying treasuries and cd's at Fidelity
Replies: 10
Views: 2801

Re: buying treasuries and cd's at Fidelity

Deleted :shock:

Whoops, wrong topic! See question on Floating rate Notes.
by skepticalobserver
Tue Apr 16, 2019 8:08 am
Forum: Personal Investments
Topic: buying treasuries and cd's at Fidelity
Replies: 10
Views: 2801

Re: buying treasuries and cd's at Fidelity

T-bills and treasury STRIPS are sold on a net basis. Agency paper, coupon and zeros, have commissions.

Treasuries purchased at auction are also commission free.
by skepticalobserver
Sun Apr 14, 2019 7:59 pm
Forum: Non-US Investing
Topic: New to Investing From Honduras
Replies: 3
Views: 429

Re: Investing In Honduras

As a starting point here's the US State Department's assesment on investing in Honduras: https://www.state.gov/e/eb/rls/othr/ics ... 281761.htm
by skepticalobserver
Sun Apr 14, 2019 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: how long to have mailed check cashed by IRS?
Replies: 13
Views: 1147

Re: how long to have mailed check cashed by IRS?

Mailed last Sat, cleared Fri nite
:moneybag --gone with the wind.....
by skepticalobserver
Sun Mar 17, 2019 1:45 pm
Forum: Investing - Theory, News & General
Topic: Real Estate Investing Resources?
Replies: 17
Views: 1446

Re: Real Estate Investing Resources?

The Old Capital podcasts, videos and related materials provide a wealth of information on multi-family investing, http://www.oldcapitalpodcast.com/
by skepticalobserver
Tue Mar 12, 2019 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Podcasts [Financial]
Replies: 49
Views: 3572

Re: Podcasts

Bloomberg sponsors a series of podcasts. Notable among them is Masters in Business, hosted by Barry Ridholtz.
by skepticalobserver
Tue Mar 05, 2019 8:21 am
Forum: Personal Investments
Topic: Schwab Account Title (JT TEN, JTWROS etc)?
Replies: 3
Views: 404

Re: Schwab Account Title (JT TEN, JTWROS etc)?

Some websites seem to imply that JTWROS is similar to 'Tenants in Entirety'. From the standpoint of creditor protection they are not similar at all. What might be the PA law on TBE I cannot say, but all things being equal TBE is the way to go for bank/brokerage accounts as well as jointly owned res...
by skepticalobserver
Mon Mar 04, 2019 2:48 pm
Forum: Personal Consumer Issues
Topic: Landline Phone Battery Backup
Replies: 17
Views: 1064

Re: Landline Phone Battery Backup

This is the reason I did not sign-up for FIOS digital phone service. It doesn't happen often but ice storm take out the power for a day or two. Continual and reliable landline service is essential. This is an unspoken issue with digital phone service sales.
by skepticalobserver
Fri Feb 22, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: How long should a bodily injury claim take to settle?
Replies: 62
Views: 2997

Re: How long should a bodily injury claim take to settle?

You’re being jerked around, forcing you to the statute of limitations wall with a bad offer. Then, it’ll be too late for an attorney to rescue your claim. Get legal counsel now; the value of the claim should increase substantially.

The threat of litigaton focuses the mind.
by skepticalobserver
Sat Feb 02, 2019 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Concerned about Alzheimers, how do you plan for LTC?
Replies: 80
Views: 5634

Re: Concerned about Alzheimers, how do you plan for LTC?

Hmm, maybe you mean the cost of a well-run memory care unit is higher than that of a typical assisted living facility? I believe skilled nursing is typically more expensive than memory care (more trained medical personnel). Or perhaps you feel that a good memory care has a very low caregiver/reside...
by skepticalobserver
Fri Feb 01, 2019 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Concerned about Alzheimers, how do you plan for LTC?
Replies: 80
Views: 5634

Re: Concerned about Alzheimers, how do you plan for LTC?

That's really steep. I agree. The cost, however, of a well-run memory care unit is going to be much higher than a typical skilled nursing facility. You want to avoid a “warehousing” environment. This requires a low caregiver to resident ratio and closely guided daily activities. Most residents have...
by skepticalobserver
Fri Feb 01, 2019 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Concerned about Alzheimers, how do you plan for LTC?
Replies: 80
Views: 5634

Re: Concerned about Alzheimers, how do you plan for LTC?

One of the best “memory care” facilities in the DC Metro area is $14,000 per month. I’d plan around that number.
by skepticalobserver
Sun Jan 27, 2019 9:56 am
Forum: Investing - Theory, News & General
Topic: What do you think about swing trading?
Replies: 97
Views: 3759

Re: What do you think about swing trading?

Are there any Turtles still trading?
by skepticalobserver
Sat Jan 26, 2019 8:17 pm
Forum: Investing - Theory, News & General
Topic: 6.15% for a 6 month CD!?
Replies: 12
Views: 9303

Re: 6.15% for a 6 month CD!?

Don't care what it was, it's not a bank and the thing is not a CD. It's a promissory note and probably unsecured. If you're looking for higher private yielding debt see new corporate note offering on Fidelity or Schwab.
by skepticalobserver
Sat Jan 26, 2019 8:04 pm
Forum: Investing - Theory, News & General
Topic: 6.15% for a 6 month CD!?
Replies: 12
Views: 9303

Re: 6.15% for a 6 month CD!?

Not a bank. No FDIC coverage. It's a financial services outfit.
by skepticalobserver
Sat Jan 26, 2019 9:01 am
Forum: Investing - Theory, News & General
Topic: What do you think about swing trading?
Replies: 97
Views: 3759

Re: What do you think about swing trading?

mptfan wrote:
Sat Jan 26, 2019 8:57 am
Swinging can be fun, but it's not a good investment strategy.
What about Sling trading? I hear it's low risk...
by skepticalobserver
Sat Jan 26, 2019 8:51 am
Forum: Investing - Theory, News & General
Topic: What do you think about swing trading?
Replies: 97
Views: 3759

Re: What do you think about swing trading?

Back in the early 90s I ranted and raved against the pretenders in Vendorville in Bo Thunman’s Club 3000 newsletter Was that the same Club 3000 newsletter that came on single sheet green paper? I understand “3000” came from the average cost of a trading system. I never bought one of those systems b...
by skepticalobserver
Wed Jan 16, 2019 7:55 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 50841

Re: John Bogle is dead at 89

RIP Mr Bogle
by skepticalobserver
Wed Jan 16, 2019 9:53 am
Forum: Personal Consumer Issues
Topic: Swimming, do you? Advice sought.
Replies: 72
Views: 5656

Re: Swimming, do you? Advice sought.

Like many older swimmers I started after I could no longer run. I do a daily 45 minutes in a 25-yard indoor pool. With oncoming shoulder issues I’m slow. Nonetheless, it’s a comprehensive workout. I’ve been able to maintain a 42-bpm resting pulse (genetics or exercise??). If you’re unsure of your st...
by skepticalobserver
Wed Jan 09, 2019 12:34 pm
Forum: Personal Investments
Topic: Role of a HECM (Reverse Mortgage) in Retirement?
Replies: 8
Views: 561

Re: Role of a HECM (Reverse Mortgage) in Retirement?

HECM origination fees are steep. Unlike a conventional loan fee which is based on the amount of the loan, the HECM origination fee is the greater of $2,500 or 2% of the first $200,000 of the HOME VALUE plus 1% of the amount over $200,000, capped at $6,000. Also, because of the government shut-down H...
by skepticalobserver
Tue Jan 08, 2019 6:07 pm
Forum: Personal Investments
Topic: CD from Utah First credit union
Replies: 4
Views: 610

Re: CD from Utah First credit union

For a start here's a rundown on Utah First from depositaccounts.com

https://www.depositaccounts.com/banks/u ... st-cu.html
by skepticalobserver
Sun Jan 06, 2019 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Do you take inheritance into account when calculating net worth?
Replies: 68
Views: 4678

Re: Do you take inheritance into account when calculating net worth?

Apparently at one time credit was extended on the basis of inheritance, such loans called post-obit bonds, https://definitions.uslegal.com/p/post-obit-bond/ I learned of these by reading a few Trollope novels, particularly “Mr. Scarborough’s Family.” Of course, this was at a time when the law of pri...
by skepticalobserver
Sun Jan 06, 2019 10:23 am
Forum: Personal Consumer Issues
Topic: Phone concierge service for seniors?
Replies: 17
Views: 1635

Re: Phone concierge service for seniors?

My wife and I are on Medicare. As we get numerous mailings and calls with pitches tailored to seniors (including calls from make-believe Medicare reps) it occurred to me that Medicare roll info is publicly available. Is Medicare complicit in this problem? Is this a HIPAA breach?
by skepticalobserver
Sat Dec 15, 2018 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Law school without practicing law
Replies: 79
Views: 6050

Re: Law school without practicing law

Can you expand more on what it means to “think like a lawyer”? “Thinking like a lawyer” means (to me, anyway) looking at social and commercial scenarios as framed by our statutory and case law, understanding how the law evolved and being able to “spot” the legal issues in a fact pattern within that...
by skepticalobserver
Sat Dec 15, 2018 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Law school without practicing law
Replies: 79
Views: 6050

Re: Law school without practicing law

Thoughts from this attorney: The core law school curriculum gives you a framework for evaluating situations that is probably not intuitive without such training. Attorneys are held by their admitting jurisdictions(s) to high ethical standards in professional and non-professional matters (you may be ...
by skepticalobserver
Tue Nov 27, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Getting sued from an already settled car accident... 2 years later! Is this legal?
Replies: 44
Views: 7552

Re: Getting sued from an already settled car accident... 2 years later! Is this legal?

Are your insurance premiums current? If so, not to worry. Send the complaint and associated documents to your auto and, if you have it, umbrella carriers. What you pay for with insurance is in no small part legal representation. Don’t try to fathom the reasons for this matter. Let your insurance fun...
by skepticalobserver
Mon Nov 12, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: RealtyShares
Replies: 1
Views: 408

RealtyShares

Any thoughts on the closing of RealtyShares and the prospect for other crowdfunding real estate ventures? Are RealtyShares’ properties in trouble? https://therealdeal.com/2018/11/07/crowdfunding-startup-realtyshares-to-cease-investing-faces-mass-layoffs/ https://www.housingwire.com/articles/47368-re...
by skepticalobserver
Sat Nov 03, 2018 5:17 pm
Forum: Personal Consumer Issues
Topic: Pet Insurance Recommendations?
Replies: 11
Views: 1027

Re: Pet Insurance Recommendations?

Recent Washington Post article, "Is pet insurance worth it?"

https://www.washingtonpost.com/lifestyl ... 1618c5cd5c
by skepticalobserver
Wed Oct 24, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: What keeps you up at night?
Replies: 56
Views: 6284

Re: Retirees: What keeps you up at night?

The future of Medicare
by skepticalobserver
Tue Oct 23, 2018 7:35 pm
Forum: Personal Consumer Issues
Topic: Cat's dental work costs
Replies: 31
Views: 2351

Re: Cat's dental work costs

When we looked into it for our cat we were quoted $400 or so for pre-op labs, so figure it from there. We never followed through.
by skepticalobserver
Sat Oct 20, 2018 10:17 am
Forum: Investing - Theory, News & General
Topic: Protecting large sums of cash.
Replies: 30
Views: 4163

Re: Protecting large sums of cash.

Just wondering when was the last time someone actually needed FDIC protection? I've had a couple of banks go south, including one thru a broker. FDIC coverage lets me sleep. Large sums should be invested in treasuries, particularly t-bills (one year currently at 2.64%). The treasury yield curve rol...
by skepticalobserver
Wed Sep 19, 2018 11:50 am
Forum: Non-US Investing
Topic: Puerto Rico as legal tax Haven?
Replies: 20
Views: 3861

Re: Puerto Rico as legal tax Haven?

If Congress could see its way to exempt PR extraterritorial income from federal taxation that would be a wonderful economic development strategy! The island would sink with snow birders.
by skepticalobserver
Thu Aug 30, 2018 5:24 pm
Forum: Personal Investments
Topic: Commissions For Retirement Accounts
Replies: 1
Views: 329

Commissions For Retirement Accounts

"Merrill Lynch Reverses Course on Commissions For Retirement Accounts" (WealthManagement.com) https://www.wealthmanagement.com/industry/merrill-lynch-reverses-course-commissions-retirement-accounts?NL=WM-025&Issue=WM-025_20180830_WM-025_686&sfvc4enews=42&cl=article_1_b&utm_rid=CPG09000007280846&utm_...
by skepticalobserver
Tue Aug 28, 2018 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting myself against suit for Personal Injury
Replies: 19
Views: 2692

Re: Protecting myself against suit for Personal Injury

GEICO has a duty to defend. Period. That’s what you pay the premium for. Make sure GEICO connects you with defense counsel paid for by GEICO. If there’s a problem, call the hot line for the state insurance administrator. How low could your GEICO limits have been that you might blow thru them with a ...
by skepticalobserver
Sat Aug 25, 2018 2:00 pm
Forum: Personal Investments
Topic: Investing in a Broadway show production
Replies: 38
Views: 3534

Re: Investing in a Broadway show production

The thing about The Producers is that was based on real people, who charmed widows, trust-funders and dreamers. Line items like “flowers for the star” bloated production budgets. The west coast learned good from the east, thus “Hollywood accounting.” (https://en.wikipedia.org/wiki/Hollywood_accounti...
by skepticalobserver
Sat Aug 25, 2018 9:48 am
Forum: Personal Investments
Topic: Investing in a Broadway show production
Replies: 38
Views: 3534

Re: Investing in a Broadway show production

Having done some securities work in the business (the offerings are called "theatricals") and related matters I will say with much certainty that you won't even get a return of capital. Back in the day there was some hope of breaking even, but the production costs these day are sky-high so a show wo...
by skepticalobserver
Mon Aug 06, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 370
Views: 52527

Re: MoviePass-Too good to be true, but it's legit.

Recent Business Insider article on the provenance of MoviePass (" The strange story of how MoviePass' owner was created by an Indian company accused of massive fraud"). Might be probative of why things are not working out: https://www.businessinsider.com/moviepass-owner-emerged-from-indian-company-a...
by skepticalobserver
Mon Aug 06, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: "Dollar Tree Store" favorites
Replies: 84
Views: 7050

Re: "Dollar Tree Store" favorites

Earphones.

Eventually the cords on expensive ones fray. At a dollar a pop (plus tax) I buy three at a time. I listen to lots of podcasts on a stationary bike.
by skepticalobserver
Tue Jul 24, 2018 7:05 pm
Forum: Personal Consumer Issues
Topic: suit shoe combo?
Replies: 49
Views: 3497

Re: suit shoe combo?

Mjar wrote:
Tue Jul 17, 2018 4:00 pm
I am thinking about going to a black suit with a red colored tie and my red Nike sneakers...what do you all think?
In my other life I'd do it. For yours, go for it!