Search found 484 matches

by mxs
Sun May 19, 2019 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Another Inherited IRA question
Replies: 11
Views: 883

Re: Another Inherited IRA question

Thank you all again. I plan on moving it to Vanguard for simplicity sake. I don't know what I will do with the RMD'S but you have provided some good options and I have plenty of time. I really didn't think this would happen to me and initially I thought there was no designated beneficiary but here I...
by mxs
Sun May 19, 2019 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Another Inherited IRA question
Replies: 11
Views: 883

Re: Another Inherited IRA question

From page 11 of 590b "After the first distribu- tion year, reduce your life expectancy by one for each subsequent year." Is that your check the table the first year then subtract by one, then two, etc the following years? If my brother passed in 2019, it sounds like I don't have to take an RMD until...
by mxs
Sun May 19, 2019 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Another Inherited IRA question
Replies: 11
Views: 883

Re: Another Inherited IRA question

Thank you for the info!
by mxs
Sun May 19, 2019 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Another Inherited IRA question
Replies: 11
Views: 883

Another Inherited IRA question

I am the beneficiary of a TIRA of about 25k. I would like to keep it as an inherited IRA. I am confused about the RMD's. The owner was my brother who was 47, born in December. I am 35, my birthday is in August. I don't know if any of that matters, that is where I am confused. When would RMD'S start ...
by mxs
Thu May 09, 2019 2:56 pm
Forum: Personal Consumer Issues
Topic: French Door Refrigerator Recommendations?
Replies: 65
Views: 4800

Re: French Door Refrigerator Recommendations?

I had a large French door GE in my old house, purchased around 2012, and it had an in-door ice maker / water dispenser and second ice maker in the freezer area. You can turn each ice maker on and off separately. We usually didn't turn the freezer one on, but for situations like you describe (guests,...
by mxs
Thu May 09, 2019 2:50 pm
Forum: Personal Consumer Issues
Topic: Cell Phone Plan/Carrier Recommendation?
Replies: 59
Views: 5832

Re: Cell Phone Plan/Carrier Recommendation?

Another total wireless user here for about 2 years now, 3 lines for ~$87. Two features I wish it had - hot spot and wi-fi calling. My interior office has shit service, and when I was with Verizon I could do wifi calling to make up for it. Still not an incentive to go back to verizon, but I miss the...
by mxs
Thu May 09, 2019 12:39 pm
Forum: Personal Consumer Issues
Topic: Cell Phone Plan/Carrier Recommendation?
Replies: 59
Views: 5832

Re: Cell Phone Plan/Carrier Recommendation?

Another Total Wireless user here. Look at Verizon's coverage map that shows red and pink areas. Total Wireless is only the red area, not the pink area. I would look at coverage maps for all the other carriers and see what works for you. Then, find a good MVNO for that network, and see if they offer ...
by mxs
Wed May 01, 2019 9:50 am
Forum: Personal Consumer Issues
Topic: Wifi extenders vs Mesh network
Replies: 54
Views: 3941

Re: Wifi extenders vs Mesh network

A less expensive mesh system to try is the Tenda MW6. You can get the 3 unit set for about $140 or less. I went this route and have been very happy with it.
by mxs
Fri Apr 19, 2019 6:26 pm
Forum: Personal Consumer Issues
Topic: Home window sun reflection issue
Replies: 1
Views: 299

Home window sun reflection issue

My house and most of the houses in my relatively new build neighborhood all have single hung windows where the screen is normally in the lower window and the upper window doesn't have a screen. The problem is that the upper window reflects sunlight so well that it hits and warps/melts neighbor's sid...
by mxs
Fri Mar 15, 2019 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: How to get rid of a car
Replies: 33
Views: 1869

Re: How to get rid of a car

I am familiar with that model and engine, and your power steering fluid issue is likely a bad o ring. Google "honda v6 power steering o ring" and follow the directions on the youtube videos that come up. There is a known issue with the o-ring that was originally installed. The old/bad original is bl...
by mxs
Thu Mar 14, 2019 12:55 pm
Forum: Personal Consumer Issues
Topic: Garbage Disposal: So many choices out there. How do you decide which one?
Replies: 54
Views: 3499

Re: Garbage Disposal: So many choices out there. How do you decide which one?

InSinkErator makes 3 quality levels that you are likely to come across... Badger - lowest InSinkErator - middle Evolution - high The prices correlate to the quality level. The easiest thing to do is to get the exact model you currently have, looking at model and horsepower. It will be an exact fit f...
by mxs
Thu Mar 14, 2019 10:19 am
Forum: Personal Investments
Topic: Non-Term Life insurance, Seeking your guidance
Replies: 15
Views: 603

Re: Non-Term Life insurance, Seeking your guidance

They are currently paying $6.44 x 12 = $77.28 a year for a $20k policy. You gave numbers for $25k term policies that are slightly cheaper. If they want to have something they can hang on to this if they really want, but I wouldn't. I would get rid of this policy, and get a term policy when a spouse...
by mxs
Thu Mar 14, 2019 8:43 am
Forum: Personal Investments
Topic: Non-Term Life insurance, Seeking your guidance
Replies: 15
Views: 603

Re: Non-Term Life insurance, Seeking your guidance

50 % of people nowadays get cremated after they die. With that burial is inexpensive, there is probably a thread here about costs, around $1000. So there is no life insurance required to cover those costs. Good point, if that is their wishes. If not, the expense will have to be paid from somewhere.
by mxs
Thu Mar 14, 2019 8:35 am
Forum: Personal Investments
Topic: Non-Term Life insurance, Seeking your guidance
Replies: 15
Views: 603

Re: Non-Term Life insurance, Seeking your guidance

My inclination was to recommend surrendering it, but the price of a new term policy made me pause. He’s planning on starting a family in the upcoming years so not having to go through underwriting/medical is appealing to him. I’m having trouble wrapping my head around figuring out how to show, with...
by mxs
Thu Mar 14, 2019 8:23 am
Forum: Personal Investments
Topic: Non-Term Life insurance, Seeking your guidance
Replies: 15
Views: 603

Re: Non-Term Life insurance, Seeking your guidance

The first question when trying to decide whether to buy or keep a life insurance policy is: Is there someone who depends on your income who would need this money if you die? His answer is no. Full stop. He doesn't need life insurance. Cash it in. The one possible expense is burial, which is likely ...
by mxs
Thu Mar 14, 2019 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Should I give more money to a family member?
Replies: 107
Views: 6434

Re: Should I give more money to a family member?

I was in a similar situation recently and here are the details. Sibling passed and had no will. I am acting as administrator for the estate. I have two living siblings and one predeceased sibling with three children, two of them minors. The estate will likely have either no money or little money aft...
by mxs
Thu Mar 14, 2019 6:50 am
Forum: Personal Finance (Not Investing)
Topic: Very small inherited IRA question
Replies: 11
Views: 1057

Re: Very small inherited IRA question

Thanks for the advice. I am going to take the lump sum. For clarification purposes, it is from a retirement pension plan, not an IRA. They are giving me the option of taking a lump sum or transferring it to an inherited IRA. For that reason, there shouldn't be any fee for closing the account and tak...
by mxs
Thu Mar 07, 2019 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Very small inherited IRA question
Replies: 11
Views: 1057

Very small inherited IRA question

A non-spousal family member passed and left me as the beneficiary for their retirement plan. They were a relatively new employee so the amount to paid is just the amount that they had paid in, less than $500. I have the forms to fill out to elect to either receive the money in a lump sum that will b...
by mxs
Wed Feb 06, 2019 9:38 am
Forum: Personal Consumer Issues
Topic: Should I get a rear dashcam to deal with tailgaters?
Replies: 50
Views: 2173

Re: Should I get a rear dashcam to deal with tailgaters?

You say that you aren't driving slow, but I will ask, are you driving the speed limit? I have been places where if you are not driving exactly the speed limit or higher, you will be passed all day. When that is the case, I just shrug and don't worry about it. I try to focus on what is going on in fr...
by mxs
Wed Nov 07, 2018 4:48 pm
Forum: Personal Consumer Issues
Topic: Best deals to buy iphones
Replies: 66
Views: 7045

Re: Best deals to buy iphones

Quick update on this post, as Black Friday is coming up (btw, my wife bought a refurbished Iphone 8 so I'm now looking for only one phone). I've checked deals on iphone presented during previous black Fridays, and it seems that all the offers require to subscribe to one of the big carrier's plans t...
by mxs
Wed Nov 07, 2018 4:01 pm
Forum: Personal Consumer Issues
Topic: Best deals to buy iphones
Replies: 66
Views: 7045

Re: Best deals to buy iphones

Don't know if I'm missing the joke as a non-American, but isn't roaming related to out of country usage only? Don't carriers all provide national coverage? They provide coverage across the nation but do have some spots (due to the vast size of the country) where they wont have coverage. in those ar...
by mxs
Sat Nov 03, 2018 1:02 pm
Forum: Personal Consumer Issues
Topic: Need New Phone?
Replies: 17
Views: 2282

Re: Need New Phone?

I liked the One Plus phones but quickly found out they are GSM, not CDMA. I prefer Verizon and Verizon MVNOs. So for me the best phones are in three tiers... Cheap (<$300) Motorola G series or IPhone SE Mid-range ($300 - $600) Google Pixel 2, older Motorola Z or X series, IPhone 7/8 High End (>$600...
by mxs
Fri Nov 02, 2018 9:21 am
Forum: Personal Consumer Issues
Topic: Thoughts on the New Macbook Air?
Replies: 70
Views: 4258

Re: Thoughts on the New Macbook Air?

I would have no hesitation with that processor. Intel has been the top dog for processors for a while, and AMD has just recently countered with processors that can compete with them.

i3 is budget, i5 is mainstream, i7 is high end
by mxs
Fri Nov 02, 2018 8:55 am
Forum: Personal Consumer Issues
Topic: Need New Phone?
Replies: 17
Views: 2282

Re: Need New Phone?

I liked the One Plus phones but quickly found out they are GSM, not CDMA. I prefer Verizon and Verizon MVNOs. So for me the best phones are in three tiers... Cheap (<$300) Motorola G series or IPhone SE Mid-range ($300 - $600) Google Pixel 2, older Motorola Z or X series, IPhone 7/8 High End (>$600)...
by mxs
Tue Oct 30, 2018 10:44 am
Forum: Personal Consumer Issues
Topic: Who has gotten the most value out of a car?
Replies: 48
Views: 3368

Re: Who has gotten the most value out of a car?

In 2006, I bought a 2006 Scion TC with 4,500 miles. It had a rebuilt title (salvage). I paid under $11,500 Out-The-Door. I drove it for 10 years and sold in 2016. I got $2,000. So.... 11,500 - 2,000 = $9,500. $9,500 / 10 = $950.... I don't think I'll be able to hit numbers like these again :) I had...
by mxs
Tue Oct 30, 2018 9:32 am
Forum: Personal Consumer Issues
Topic: Who has gotten the most value out of a car?
Replies: 48
Views: 3368

Re: Who has gotten the most value out of a car?

In 2006, I bought a 2006 Scion TC with 4,500 miles. It had a rebuilt title (salvage). I paid under $11,500 Out-The-Door. I drove it for 10 years and sold in 2016. I got $2,000. So.... 11,500 - 2,000 = $9,500. $9,500 / 10 = $950.... I don't think I'll be able to hit numbers like these again :) I had...
by mxs
Mon Sep 24, 2018 2:56 pm
Forum: Personal Consumer Issues
Topic: $450 for 1.5 hour plumbing job normal?
Replies: 30
Views: 3512

Re: $450 for 1.5 hour plumbing job normal?

I am going to say that is way too much. $200 at most is what I would expect for that. Even that is $100 service charge, plus $100 for the job. The tools and materials used likely cost at most $200-$300. One short piece of pipe, maybe two couplers, one elbow, flux, solder, torch and fuel, emory cloth...
by mxs
Sun Sep 09, 2018 1:31 am
Forum: Investing - Theory, News & General
Topic: How Edward Jones gets compensated
Replies: 7
Views: 1616

Re: How Edward Jones gets compensated

Count how many times "percentage of the commissions" and the like appears in there and try to not throw up.
by mxs
Sun Sep 09, 2018 1:23 am
Forum: Personal Finance (Not Investing)
Topic: Variable Life Insurance Policy worth it?
Replies: 9
Views: 1014

Re: Variable Life Insurance Policy worth it?

I know you stated that you are not eligible for life insurance due to health history. While you are looking at term insurance for your spouse, double check your eligibility. You never know...
by mxs
Sun Sep 09, 2018 12:41 am
Forum: Personal Consumer Issues
Topic: Video Game Collection
Replies: 39
Views: 2428

Re: Video Game Collection

I think an important distinction has been raised here as to the collectible value, useful value, and generation that would be interested. The rare sealed games have extreme collectible value due to being rare. The useful and generation value is probably linked in this case and is likely near the top...
by mxs
Sat Sep 08, 2018 6:41 pm
Forum: Personal Consumer Issues
Topic: Video Game Collection
Replies: 39
Views: 2428

Re: Video Game Collection

If anyone approached even 1/5th of that figure I would sell them :D maybe picking out one or 2 that were sentimental. Anecdotally, I also played magic the gathering and am planning to keep a few cards that I really enjoy artwork or similar on and sell the rest while there is still a market for them...
by mxs
Sat Sep 08, 2018 5:51 pm
Forum: Personal Consumer Issues
Topic: Video Game Collection
Replies: 39
Views: 2428

Re: Video Game Collection

NextMil wrote:
Sat Sep 08, 2018 5:40 pm
Baseball cards lost their value pretty quickly. I would sell.
I don't know if these will have the same fate, but they very well could. I think their useable life is coming to an end and they are only holding historical value now.
by mxs
Sat Sep 08, 2018 5:48 pm
Forum: Personal Consumer Issues
Topic: Video Game Collection
Replies: 39
Views: 2428

Re: Video Game Collection

I am a little younger than you and played a lot of video games growing up, mostly NES, SNES, and Sega Genesis along with a touch of Dreamcast, PlayStation, X-Box and others of that era. That is my point of reference. I do not understand the valuation of these or why people would want these but I und...
by mxs
Fri Sep 07, 2018 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Variable Life Insurance Policy worth it?
Replies: 9
Views: 1014

Re: Variable Life Insurance Policy worth it?

Yes, more info is needed on the policy and your financial situation. Do you even need the policy or would the term policy suffice? If you won't have enough insurance coverage after dropping the variable policy, can you get a new term policy to cover what you do need? If so, at what cost? I would lea...
by mxs
Fri Sep 07, 2018 8:52 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Rigged Horse Race
Replies: 2
Views: 1368

Re: Larry Swedroe: Rigged Horse Race

Well written and analyzed by Larry. I had the great fortune of meeting Larry once and I feel that in regards to finance and economics he falls into the category of people that have forgotten more in that topic than I may ever know.
by mxs
Fri Sep 07, 2018 8:03 pm
Forum: Personal Consumer Issues
Topic: Large Family Trip - Florida or Carribean
Replies: 24
Views: 1868

Re: Large Family Trip - Florida or Carribean

I have been to Puerto Rico a few times and it is pretty good. Culebra island has one of the best beaches in the world, Flamenco beach ( coral reef, snorkeling, clear water, etc ), but you will probably be out of tourism season which may or may not be a good thing. There is a ferry boat that goes to ...
by mxs
Fri Sep 07, 2018 11:43 am
Forum: Personal Consumer Issues
Topic: Rec. for a specific type of internet router
Replies: 33
Views: 1650

Re: Rec. for a specific type of internet router

I suggest looking at the different mesh systems available. Google, TP-Link, Tenda, etc... I got the Tenda Nova MW6. This is 3 units for close to $150. You can add more units down the road if you want, up to 8 I think, but I doubt you will need more than 3. We wired the internet to one of the mesh ro...
by mxs
Tue Sep 04, 2018 11:04 pm
Forum: Personal Consumer Issues
Topic: Summer Day A/C Issues
Replies: 41
Views: 2412

Re: Summer Day A/C Issues

In the past I have either used AC or the manual fan on setting, but not both at the same time. For me, the fan is for marginally warm days when the AC isn't really necessary. If I remember correctly, most of those fans are in the neighborhood of 500 watts of power usage, so using it without AC is ve...
by mxs
Tue Sep 04, 2018 8:12 pm
Forum: Personal Consumer Issues
Topic: Summer Day A/C Issues
Replies: 41
Views: 2412

Re: Summer Day A/C Issues

Thanks for the update, good info to have.

Completely different system, but I overcharged a vehicle a/c and the system noticed the issue on its own and shut the a/c off. Fortunately I was there actively adding the refrigerant so I knew that I had added too much and simply vented some off.
by mxs
Wed Aug 29, 2018 3:24 pm
Forum: Personal Consumer Issues
Topic: Minivan for family of 4.
Replies: 34
Views: 3133

Re: Minivan for family of 4.

I got a used 10 year old Odyssey that was in very good shape. I would highly recommend a minivan to anyone considering them. Very good for long trips, convenient for getting in and out with kids, and can haul a lot of stuff such as 8 foot boards and full sheets of plywood. I would look at all the mi...
by mxs
Tue Aug 28, 2018 11:10 am
Forum: Personal Consumer Issues
Topic: Summer Day A/C Issues
Replies: 41
Views: 2412

Re: Summer Day A/C Issues

I do not think letting it run all day is a good solution cost wise. Are you varying the temperature during the day? If so, what are your settings at? The humidifier is a Band-Aid fix that you should not need. The AC should be able to handle it. The shade solution may be of some help. Has the outdoor...
by mxs
Wed Aug 22, 2018 2:43 pm
Forum: Personal Consumer Issues
Topic: Troubleshoot water heater
Replies: 11
Views: 811

Re: Troubleshoot water heater

I highly suggest you label each breaker and fuse, and reference each separate box to each other so there is no confusion in the future. It will help you should something happen, and any future owners. It also gives a much better impression on sale.
by mxs
Wed Aug 22, 2018 9:16 am
Forum: Personal Consumer Issues
Topic: Cable Modem Router recommendations
Replies: 21
Views: 1382

Re: Cable Modem Router recommendations

I found this cnet article that gives a better explanation of the AC speeds. Lots of good points and helps to get through the marketing BS.
https://www.cnet.com/how-to/your-router ... heres-why/
by mxs
Wed Aug 22, 2018 8:24 am
Forum: Personal Consumer Issues
Topic: Cable Modem Router recommendations
Replies: 21
Views: 1382

Re: Cable Modem Router recommendations

I think, but am not certain, that his fried modem was a modem/router all in one. You can hard wire from a modem to a computer or other device, or perhaps even to a wall outlet to give hard wire access through the house. A router will allow more devices to be able to connect, and we are generally spe...
by mxs
Wed Aug 22, 2018 7:45 am
Forum: Personal Consumer Issues
Topic: Cable Modem Router recommendations
Replies: 21
Views: 1382

Re: Cable Modem Router recommendations

Thanks all. Turns out that Spectrum lets me use their modem for free and I can hook up an old Linksys Wireless G router that I had laying around. I may want to upgrade if I need something with more range or something faster but I'll wait and see. A G router will cripple your speeds. I highly recomm...
by mxs
Wed Aug 22, 2018 7:40 am
Forum: Personal Consumer Issues
Topic: Troubleshoot water heater
Replies: 11
Views: 811

Re: Troubleshoot water heater

Is this a gas or electric water heater? 1. Make sure the circuit breaker didn't trip for it. Usually water heaters are on their own breaker. If it is gas, it is likely a single breaker, 110 VAC. If electric, it is going to be a double breaker, 220 VAC. 2. If it does not have a tripped breaker, the n...
by mxs
Tue Aug 21, 2018 9:18 am
Forum: Personal Consumer Issues
Topic: Cable Modem Router recommendations
Replies: 21
Views: 1382

Re: Cable Modem Router recommendations

I recently got the Tenda Nova MW6 3-pack. It is a good cheaper alternative mesh system to the Orbi, Google, etc. Normally close to $150. I put three of the cubes throughout the house and hard wired one to my desktop. I would highly suggest it.
by mxs
Tue Aug 21, 2018 9:01 am
Forum: Investing - Theory, News & General
Topic: Bullish/bearish on GE? Make your case here - new lows today
Replies: 71
Views: 7297

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

And they've been trying to dump their light bulb business for years, with no takers so far. Good point... Does anybody even buy GE light bulbs anymore? I've always been partial to Phillips ;) I recently made the whole house switch to LED bulbs and bought cheap Walmart brand bulbs for just under $2 ...
by mxs
Wed Aug 15, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: Bullish/bearish on GE? Make your case here - new lows today
Replies: 71
Views: 7297

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

GE does a lot more than lightbulbs and appliances. They also have serious issues that could cause them to go to zero within a year, or turn around and double. No one knows. I would not gamble on them, in fact I sold some shares a couple weeks ago. Ford at the bottom in 2008 was a better bet that mad...
by mxs
Thu Aug 09, 2018 12:52 pm
Forum: Personal Consumer Issues
Topic: WiFi router
Replies: 46
Views: 4438

Re: WiFi router

Do Orbi or Tenda need email address (and cloud connection) for the router to work? I want my routers to NEVER contact anybody outside on its own. I do NOT want it to "auto-update" itself. If I go through all the trouble to set it up and get it to work, I want it to stay working for years, say like,...