Search found 3138 matches

by sawhorse
Tue Jan 08, 2019 3:27 pm
Forum: Personal Consumer Issues
Topic: How to save on prescription drug costs?
Replies: 43
Views: 2650

Re: How to save on prescription drug costs?

I order from Canada. Saves me about $700 a month. One of the medications is temperature sensitive, and I pay to have it shipped global express in a chilled box during the summer. The medication becomes inactive if it's frozen, however, so I can't order in the winter months. Send me a private message...
by sawhorse
Wed Jan 02, 2019 7:52 pm
Forum: Personal Consumer Issues
Topic: Your ideal home size
Replies: 130
Views: 8290

Re: Your ideal home size

Friend of mine relocated to Seattle and bought a three story house on a hill. First floor is all garage (4 car tandem), main living area on second, and all bedrooms clustered together on third. And he has two very young children. Tell me that's not gonna get old over time. :confused Other than the ...
by sawhorse
Wed Jan 02, 2019 2:18 pm
Forum: Personal Consumer Issues
Topic: Your ideal home size
Replies: 130
Views: 8290

Re: Your ideal home size

Layout is really important. My largest apartment was 900 sq ft, and it was so poorly laid out that it felt smaller than apartments half its size that I've lived in. My aunt had an extremely well laid out 800 sq ft home that I spent a lot of time in growing up. I couldn't believe it when I found out ...
by sawhorse
Sun Dec 30, 2018 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Father with Dementia Took a Full IRA Distribution
Replies: 56
Views: 5485

Re: Father with Dementia Took a Full IRA Distribution

The taxes aren't your biggest worry. The dementia is. Dementia doesn't get better. If he made this mistake, think about what mistakes he might make or be conned into making in the future. Don't delay in preparing for his inevitable decline. Take measures to ensure that his money is handled responsib...
by sawhorse
Thu Dec 27, 2018 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Will I be renting forever?
Replies: 44
Views: 3129

Re: Will I be renting forever?

Thanks for all your responses. Some follow-up questions. Have any of you rented for a really long time, like decades? I grew up in a town where the vast majority of people owned, so it seems weird to me to rent for a really long time. That's probably part of my hangup. If you live in a high cost are...
by sawhorse
Thu Dec 27, 2018 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: 529s for the poor man?
Replies: 22
Views: 2153

Re: 529s for the poor man?

Kids can work a lot before and during college. Kids can go to cheap schools like community college and in state college. Kids can work extremely hard to get scholarships. State schools are getting pretty expensive in a lot of states. The rate of inflation has been crazy over the past decade. Be pre...
by sawhorse
Thu Dec 27, 2018 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Will I be renting forever?
Replies: 44
Views: 3129

Will I be renting forever?

Is there any way we can avoid renting forever without moving away? A 2 bedroom condo in my area not so close to public transportation costs $750k+ unless you want to live in a not that safe neighborhood. Saving for a down payment is simply not feasible when I'm throwing thousands of dollars away eve...
by sawhorse
Thu Dec 13, 2018 9:56 pm
Forum: Personal Consumer Issues
Topic: A "super mega roll" of toilet paper = 6 "regular rolls:" is this possible?
Replies: 80
Views: 5405

Re: A "super mega roll" of toilet paper = 6 "regular rolls:" is this possible?

Toilet paper rolls have been shrinking. These days the "double" rolls are less than the single rolls a few decades ago.
by sawhorse
Wed Dec 12, 2018 1:08 am
Forum: Investing - Help with Personal Investments
Topic: Total Market Index or S&P500 index?
Replies: 17
Views: 2211

Re: Total Market Index or S&P500 index?

It doesn't really matter. The two have very similar long term results historically. Total market has been a little more volatile. It has higher potential upside but also higher potential downside. That seems counterintuitive since total market is more diversified, but it includes small caps which ar...
by sawhorse
Mon Dec 10, 2018 11:38 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Rep: Don't use target date because you can't time the market.
Replies: 19
Views: 2632

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

That's a strange thing to say. Fidelity has some very good target date funds called Fidelity Freedom Index funds. Not to be confused with the much more expensive Freedom K funds.
by sawhorse
Mon Dec 10, 2018 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard order fill
Replies: 12
Views: 945

Re: Vanguard order fill

Here is another thread. Seems to be a common experience.
viewtopic.php?f=2&t=265959
by sawhorse
Sun Dec 09, 2018 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard could not complete transactions last Thursday - says will be done on Monday
Replies: 9
Views: 1439

Re: Vanguard could not complete transactions last Thursday - says will be done on Mondya

Be sure to check back on Monday to verify that it was processed. Don't just take their promise. Vanguard is unfortunately known for these kinds of mistakes and delays, judging by the many threads and posts complaining about their customer service. Their IT system is kind of a joke for an organizatio...
by sawhorse
Sun Dec 09, 2018 1:22 am
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 137
Views: 18775

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 sawhorse
Sat Dec 08, 2018 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 137
Views: 18775

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

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. That's true, but less security than in previous decades in many districts...
by sawhorse
Sat Dec 08, 2018 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 137
Views: 18775

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

Well dang, here I thought teachers made diddly squat. Retiring at 49 or 50 with a cool million in various savings vehicles coupled with a 5k/month pension is pretty strong stuff. Remind me again why the public thinks teachers aren't paid well? I'm not knocking anything about their wage or pension, ...
by sawhorse
Thu Dec 06, 2018 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Global Wellesley
Replies: 8
Views: 1234

Re: Vanguard Global Wellesley

Bump. Nobody knows about Global Wellesley?
by sawhorse
Thu Dec 06, 2018 3:30 am
Forum: Personal Finance (Not Investing)
Topic: Finally some price transparency in cost for Medicare procedures
Replies: 12
Views: 1781

Re: Finally some price transparency in cost for Medicare procedures

To give you an idea of how over-the-top complex ICD 10 is, if a patient presents to the ED needing sutures due to a bird bite (it happens), the claim will be rejected if the practice provides the nonspecific W61.0 which designates an injury due to a bird. You have to provide a code for the specific...
by sawhorse
Wed Dec 05, 2018 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Global Wellesley
Replies: 8
Views: 1234

Vanguard Global Wellesley

I'm a big fan of regular Vanguard Wellesley, so I l'm very interested in the newish Vanguard Global Wellesley fund. Is the Wellesley name merely a branding thing, or is it fundamentally similar to regular Wellesley? Is it a good way to get international exposure for people who are substantially inve...
by sawhorse
Wed Dec 05, 2018 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: 403b vs 457 vs IRA for rollover
Replies: 7
Views: 586

Re: 403b vs 457 vs IRA for rollover

Is it a government or non government 457?
by sawhorse
Wed Dec 05, 2018 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Vang Wellesley for Retirement
Replies: 45
Views: 5634

Re: Vang Wellesley for Retirement

Vanguard is an index shop but ironically it has some of the best actively managed funds. Among them VWINX and VWELX. Don't forget Global Min Volatility Fund VMVFX and Dividend Growth VDIGX. Definitely. If it weren't for their active funds, I would no longer be a Vanguard customer because of the cus...
by sawhorse
Tue Dec 04, 2018 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Why Is Insurance Worth It (Analytically)?
Replies: 89
Views: 4373

Re: Why Is Insurance Worth It (Analytically)?

Update: I saw your edit. It's very clearly written from a position of inexperience. Your statements are simply not true, and if you actually had to use a lot of healthcare, you would know. Not true...but experience in Health Insurance is a very regrettable skill I have, and I have seen many scenari...
by sawhorse
Tue Dec 04, 2018 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Why Is Insurance Worth It (Analytically)?
Replies: 89
Views: 4373

Re: Why Is Insurance Worth It (Analytically)?

Do you have accurate data on the cost of medical care without the contract rate negotiated by insurance companies? Good point. By having health insurance and going to an in network provider, you get a big discount off the outrageous list prices. It's not uncommon for labs to charge uninsured patien...
by sawhorse
Tue Dec 04, 2018 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Why Is Insurance Worth It (Analytically)?
Replies: 89
Views: 4373

Re: Why Is Insurance Worth It (Analytically)?

Do you have accurate data on the cost of medical care without the contract rate negotiated by insurance companies? Good point. By having health insurance and going to an in network provider, you get a big discount off the outrageous list prices. It's not uncommon for labs to charge uninsured patien...
by sawhorse
Tue Dec 04, 2018 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Why Is Insurance Worth It (Analytically)?
Replies: 89
Views: 4373

Re: Why Is Insurance Worth It (Analytically)?

Simply put, insurance is a good idea when the cost of needing it and not having it far outweighs the cost of having it and not needing it.
by sawhorse
Tue Dec 04, 2018 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Why Is Insurance Worth It (Analytically)?
Replies: 89
Views: 4373

Re: Why Is Insurance Worth It (Analytically)?

It seems that many people are very adamant about insurance being 100% non negotiable, you must have it in the following categories: 1. Health Insurance 2. Property Insurance 3. Supplemental Car Insurance (above legal minimum) 4. Umbrella Liability Other than health insurance, I don't get the feelin...
by sawhorse
Sun Dec 02, 2018 5:57 pm
Forum: Personal Consumer Issues
Topic: Best values at Costco? Honestly, a little disappointed...
Replies: 188
Views: 21004

Re: Best values at Costco? Honestly, a little disappointed...

Their optical department is high quality at very affordable prices. There was a study comparing lenses from different chains, and Costco was more accurate to the prescription out of all of them. Among consumer products, shampoo is a good deal. I also live an hour away, so it's not worth it. I got a ...
by sawhorse
Sun Dec 02, 2018 1:39 am
Forum: Investing - Help with Personal Investments
Topic: What is the lowest 'safe' emergency fund we should have?
Replies: 40
Views: 3976

Re: What is the lowest 'safe' emergency fund we should have?

Keep in mind that 3 months of expenses may not last 3 months in an emergency. A medical emergency can leave you unable to work with large medical costs. You can burn through those 3 months of savings in a week. Speaking from personal experience. Your emergency money doesn't have to be all in a bank ...
by sawhorse
Sat Dec 01, 2018 2:40 am
Forum: Personal Consumer Issues
Topic: Negotiating price on cosmetic surgery
Replies: 24
Views: 2383

Re: Negotiating price on cosmetic surgery

Has she considered going abroad? I know dozens of women who have traveled to Korea or South America for plastic surgery. It's practically a rite of passage for a subset of Korean American girls. You have to consider the travel cost, recovery time, and invasiveness. I would be comfortable getting a n...
by sawhorse
Fri Nov 30, 2018 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: What fees are reasonable/competitive for a 403(b)?
Replies: 18
Views: 1048

Re: What fees are reasonable/competitive for a 403(b)?

It depends on the size of your employer. The same is true for 401ks. Larger employers have more bargaining power to get good funds. My husband's company is small, and Vanguard wouldn't even consider them as a client. They had to go to a provider with higher fees. TIAA CREF administers a huge number ...
by sawhorse
Fri Nov 30, 2018 8:36 pm
Forum: Personal Consumer Issues
Topic: Negotiating price on cosmetic surgery
Replies: 24
Views: 2383

Re: Negotiating price on cosmetic surgery

It appears that cosmetic surgery is such a lucrative money making business. So, why aren’t more doctors cosmetic surgeons? There must be a catch. The ability to become one is incredibly hard. Plastics is the hardest residency to land and maybe one medical student out of an entire class gets it a ye...
by sawhorse
Wed Nov 28, 2018 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 9000

Re: How did YOU choose your career?

I have a late HS daughter. Perhaps painfully obvious, but I think the path forward is to dig deep introspectively and to discover what are our passions and talents are. Once we discover this, we are 90% of the way there. We just have to be really honest with ourselves. The thing is, a lot of career...
by sawhorse
Wed Nov 28, 2018 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Employer switching 401k provider,how to plea for in-service rollover
Replies: 19
Views: 1795

Re: Employer switching 401k provider,how to plea for in-service rollover

Why are you so desperate to get your money out of the 401k? (I'm basing this on your choice of the word "plea".) Are you aware of the advantages 401ks have over IRAs? If it's about expense ratios, the lawsuit protection of 401ks is worth the extra expense in my opinion unless it's something egregio...
by sawhorse
Wed Nov 28, 2018 1:40 am
Forum: Personal Consumer Issues
Topic: Horace Mann vs Amica auto and homeowners insurance
Replies: 3
Views: 512

Re: Horace Mann vs Amica auto and homeowners insurance

I have had no problems with Horace Mann for auto insurance. One accident not my fault, one accident my fault. Very responsive both times. Don't know about homeowners insurance as I've never owned a home.
by sawhorse
Wed Nov 28, 2018 1:01 am
Forum: Personal Finance (Not Investing)
Topic: List of costs that go away/decrease and increase/appear in retirement
Replies: 69
Views: 5892

Re: List of costs that go away/decrease and increase/appear in retirement

Although this isn't a huge expense compared to things like long term care, you should be prepared to spend money hiring people to do physical tasks you might do yourself now such as cutting grass, shoveling snow, vacuuming, even just moving a piece of furniture from one room to another. You might al...
by sawhorse
Wed Nov 28, 2018 12:54 am
Forum: Investing - Help with Personal Investments
Topic: 401k rollover to IRA
Replies: 8
Views: 728

Re: 401k rollover to IRA

...I have received notice that the 401k is transitioning from Fidelity to Merrill Lynch at the end of the year... I am okay with Fidelity and would like to stay with them. ... The OP has stated that he prefers to remain with Fidelity. His prior employer's 401K plan is transistioning to Merrill Lync...
by sawhorse
Wed Nov 28, 2018 12:15 am
Forum: Personal Consumer Issues
Topic: Electricity bill should be 7% per month of home sq footage.
Replies: 66
Views: 3995

Re: Electricity bill should be 7% per month of home sq footage.

That sounds like a nonsense rule of thumb that doesn't take into account geographical variation in the price of electricity as well as geographical variation in weather. Also, it depends on how much of your energy comes from electricity. If your heating and cooking are from natural gas, then you're ...
by sawhorse
Tue Nov 27, 2018 11:52 pm
Forum: Investing - Help with Personal Investments
Topic: 401k rollover to IRA
Replies: 8
Views: 728

Re: 401k rollover to IRA

Any reason you've decided on not keeping it in the 401k?
by sawhorse
Tue Nov 27, 2018 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 9000

Re: How did YOU choose your career?

I have a late HS daughter. Perhaps painfully obvious, but I think the path forward is to dig deep introspectively and to discover what are our passions and talents are. Once we discover this, we are 90% of the way there. We just have to be really honest with ourselves. The thing is, a lot of career...
by sawhorse
Tue Nov 27, 2018 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: I'm so CHEAP! Don't think it is healthy.
Replies: 36
Views: 6899

Re: I'm so CHEAP! Don't think it is healthy.

I don't eat lunch or breakfast during the week, they are unnecessary. Um...What? They are completely unnecessary, it's easy to meet your daily caloric needs with one meal. This isn't a dieting thing, it's a simplified way to live. I eat 2-3 meals on weekends, for social reasons. Many would call thi...
by sawhorse
Tue Nov 27, 2018 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: 23 years old 40K saved. What would you do?
Replies: 39
Views: 3406

Re: 23 years old 40K saved. What would you do?

How did you manage to save $40k by the age of 23 while in graduate school? Do you have no student debt? Did your parents give you money, your car, etc?
by sawhorse
Tue Nov 27, 2018 11:23 pm
Forum: Personal Consumer Issues
Topic: Tipping lawn service and trash pickup
Replies: 48
Views: 4174

Re: Tipping lawn service and trash pickup

Back when I lived in a house with a lawn and trash pickup, I didn't tip either. For lawn service, the guy who did it owned the company. He often came when I wasn't home. He would send me a bill later which I paid. There didn't seem to be an expectation of a tip as there was no place for it. It didn'...
by sawhorse
Tue Nov 27, 2018 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Employer switching 401k provider,how to plea for in-service rollover
Replies: 19
Views: 1795

Re: Employer switching 401k provider,how to plea for in-service rollover

Why are you so desperate to get your money out of the 401k? (I'm basing this on your choice of the word "plea".) Are you aware of the advantages 401ks have over IRAs? If it's about expense ratios, the lawsuit protection of 401ks is worth the extra expense in my opinion unless it's something egregiou...
by sawhorse
Sun Nov 25, 2018 12:26 am
Forum: Personal Finance (Not Investing)
Topic: Affordable Furniture for first adult apartment
Replies: 29
Views: 2581

Re: Affordable Furniture for first adult apartment

I've found some great deals at charity thrift stores. Craigslist, IKEA and Target are the other places I would look.
by sawhorse
Sat Nov 24, 2018 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: What financial information do you share with your family and relatives?
Replies: 112
Views: 9809

Re: What financial information do you share with your family and relatives?

In my parents' native countries, people think nothing about asking about personal money matters. It's not unusual for people to lie when answering and tell different people different answers. People continue to ask even though they know that there's a good chance the answer isn't true. People in tho...
by sawhorse
Sat Nov 24, 2018 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Black Swan Event for Health Insurance between Jobs: COBRA vs Obamacare Exchange?
Replies: 35
Views: 1753

Re: Black Swan Event for Health Insurance between Jobs: COBRA vs Obamacare Exchange?

I've been in a situation in which I had no one who could have handled such a scenario, so I understand the OP's dilemma. As someone earlier said, it's perhaps best to arrange a power of attorney. I'm not sure what type of attorney would handle such matters. Another thing that might affect your decis...
by sawhorse
Sat Nov 17, 2018 8:33 am
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 133
Views: 12505

Re: How Long / Hard To Become a Millionaire on Under $100k Income

Those of you suggesting to save $22K/year, or 30% of your gross pay, or 1/3 of your salary, etc. - these are great suggestions, but hard to implement at lower income levels. For example, it's hard to save $22K/year when earning $35K/year. I think it's misguided to say people who aren't millionaires...
by sawhorse
Fri Nov 16, 2018 2:38 am
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 133
Views: 12505

Re: How Long / Hard To Become a Millionaire on Under $100k Income

Thank you sawhorse your point on health is clearly out of ones control and absolutely changes everything. Yes, which is why I urge people to have disability insurance if they can get it. I wasn't able to get a policy due to pre-existing conditions, but if you're healthy, it's a good idea to get ins...
by sawhorse
Fri Nov 16, 2018 2:27 am
Forum: Personal Finance (Not Investing)
Topic: Wait, do I need a prenup?
Replies: 63
Views: 6884

Re: Wait, do I need a prenup?

I can't say whether you should get a prenup, but if you decide to get one, I urge you not to just have your attorney draft something and present it to her. Rather, use a mediation approach whereby you both have attorneys negotiate a mutually acceptable agreement. Her parents may want some say. Here ...
by sawhorse
Fri Nov 16, 2018 1:51 am
Forum: Personal Consumer Issues
Topic: Cremation seminar – with complimentary lunch
Replies: 86
Views: 6456

Re: Cremation seminar – with complimentary lunch

I have nothing to add other than to say that I find the concept - listening to a cremation seminar while eating - pretty surreal. I would be tempted to go for the experience :P