Search found 1361 matches

by Broken Man 1999
Tue Sep 18, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: Equity in house / Do you use it?
Replies: 56
Views: 3164

Re: Equity in house / Do you use it?

We have no mortgage, and I would not put any type of lien on our home for any reason at this point. I see the equity as a last line of financial defense. IOW, our situation would have to be pretty dire. The equity might need to be used for LTC for one, or possibly both of us. At that point, if neces...
by Broken Man 1999
Mon Sep 17, 2018 5:49 pm
Forum: Personal Consumer Issues
Topic: Sling TV experiences
Replies: 38
Views: 3941

Re: Sling TV experiences

Another option for streaming is Vu Stream TV. This is totally different from Play Station Vue. My SIL signed up for it yesterday to get out of market Green Bay Packers games. He is using an Amazon Firestick and he said the picture was perfect. I believe his internet is through Spectrum. I have teste...
by Broken Man 1999
Mon Sep 17, 2018 8:17 am
Forum: Investing - Theory, News & General
Topic: Equity allocation for Flagship clients?
Replies: 37
Views: 2800

Re: Equity allocation for Flagship clients?

Wife and I are both turned 65 this year. For the last couple of years we have been at 50% equities, and 50% bonds, or close to it. As we progress deeper into retirement, I would not be against allowing our AA to drift upwards to maybe 60% equities. IOW not rebalance by selling equities. Of course th...
by Broken Man 1999
Sun Sep 16, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Parent's variable annuity - rollover?
Replies: 6
Views: 321

Re: Parent's variable annuity - rollover?

OP. If you don’t care to answer-fine. How can the value be so very little? It is just stunning. OP's initial post says: "....... and had made withdrawals over the years...." That would be a reason I think. He (the father) pulled out more than the annuity grew, I believe. Broken Man 1999
by Broken Man 1999
Sat Sep 15, 2018 11:38 am
Forum: Personal Consumer Issues
Topic: Upcoming visit to Charleston, Flood issues of overhyped media?
Replies: 10
Views: 861

Re: Upcoming visit to Charleston, Flood issues of overhyped media?

Probably too early to tell. Florence is still dumping rain in the area.

The pictures I saw weren't hyped, lots of flooding.

As well, not sure about downed power lines.

Broken Man 1999
by Broken Man 1999
Fri Sep 14, 2018 7:19 pm
Forum: Personal Consumer Issues
Topic: Stereo receiver amp without aux plug or bluetooth ?
Replies: 19
Views: 1043

Re: Stereo receiver amp without aux plug or bluetooth ?

I stream music in my garage via an Amazon Dot hooked into my old Onkyo receiver via the CD input. Works great. I also have played downloaded music via an old Samsung Galaxy 3 phone also using the CD input of the Onkyo receiver. Also worked great. Either way listening to music via four speakers and s...
by Broken Man 1999
Fri Sep 14, 2018 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone using VanguardAdvantage with free checking, Visa Gold Debit/ATM, electronic bill pay, direct deposit, plus more?
Replies: 22
Views: 3026

Re: Anyone using VanguardAdvantage with free checking, Visa Gold Debit/ATM, electronic bill pay, direct deposit, plus mo

do they change ATM card fees Vanguard doesn't charge ATM fees, but most ATM operators will charge a fee if you use a card outside of their network. Vanguard's ATM uses PNC Bank and is free on PNC ATM's, which is limited and not available out west / left coast. You can often bypass ATM fees by getti...
by Broken Man 1999
Fri Sep 14, 2018 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard platform
Replies: 47
Views: 4737

Re: Vanguard platform

For those of us who have investments OTHER than mutual funds (CDs, individual stocks, ETFs, individual bonds etc.) going to a brokerage account allows us to have all assets in all forms in a single account, i.e. like one TIRA, and/or one Roth IRA. Wife and I had two Roth accounts, and two TIRAs. And...
by Broken Man 1999
Fri Sep 14, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: WSJ print edition renwal time - any discounts?
Replies: 51
Views: 2912

Re: WSJ print edition renwal time - any discounts?

One year WSJ print and digital subscription is available on ebay.com for $100-$105 from a couple of sellers. Although I currently do not have a subscription of any type to WSJ, previously I had one that I had purchased on ebay.com Might try the current sellers, no idea how honest any of those offeri...
by Broken Man 1999
Thu Sep 13, 2018 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone using VanguardAdvantage with free checking, Visa Gold Debit/ATM, electronic bill pay, direct deposit, plus more?
Replies: 22
Views: 3026

Re: Anyone using VanguardAdvantage with free checking, Visa Gold Debit/ATM, electronic bill pay, direct deposit, plus mo

I considered opening up a VanguardAdvantage account, but decided against it. It would just add another account to monitor, and would actually provide nothing in the way of services that our credit union isn't already providing. However, seems lately our credit union is starting to lay some fees on s...
by Broken Man 1999
Thu Sep 13, 2018 5:39 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 70
Views: 5117

Re: Amazon Prime - Value?

Costco has stepped up their game. I ordered some items online yesterday after noon. Received them about 5:30PM today. On their website they offered two-day shipping if order placed by noon. So they really turned that order around quickly. That was PDQ! I'm near two Amazon warehouses, so I'm not havi...
by Broken Man 1999
Thu Sep 13, 2018 12:16 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 478
Views: 70416

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Ouch! Reading this thread sure doesn't give anyone a warm and fuzzy feeling about Honda products! DD has a 2018 Acura MDX that is having the transmission replaced at the moment. This was after daughter, and DW noticed some issues with shifting. What kinda alarms me is the Honda dealership seemed to ...
by Broken Man 1999
Mon Sep 10, 2018 6:06 pm
Forum: Personal Consumer Issues
Topic: What will you do when you find you have more money than expected?
Replies: 91
Views: 9627

Re: What will you do when you find you have more money than expected?

Why not gift money to your kids now? I'm not picking on delamer. He raises an interesting question. I routinely give my children some relatively small amounts throughout the year for various things. (I've had bigger bar bills) But, the question I have is, at what point do you start gifting signific...
by Broken Man 1999
Mon Sep 10, 2018 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: 529 vs. Prepaid tuition
Replies: 4
Views: 600

Re: 529 vs. Prepaid tuition

I've been doing a lot of research. Here in TX, they allow you to do an installment plan for prepaid tuition. However, there is a yearly 8% fee for doing so. This seems to make the 529 a much better option. In your opinion, is it ever better to do a prepaid tuition plan rather than a 529? I bought p...
by Broken Man 1999
Mon Sep 10, 2018 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else not save for cars?
Replies: 113
Views: 9757

Re: Anyone else not save for cars?

We have paid cash for the last two vehicles. Prior to that we would finance for the longest term; I would soon grow weary of making payments, and we would just pay it off. Today's auto loans (available with good credit) scream "take me" in my opinion. Obviously you shouldn't buy anything that you wo...
by Broken Man 1999
Mon Sep 10, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Is anyone using a bill paying service?
Replies: 38
Views: 3924

Re: Is anyone using a bill paying service?

I'm a little surprised at the number of people in this thread who authorized companies to direct debit from their bank account. I've always been afraid to do this. What's to keep them from taking $$ that are not owed? If you close whatever account you have with them, what's to stop them from contin...
by Broken Man 1999
Sun Sep 09, 2018 9:59 am
Forum: Investing - Theory, News & General
Topic: Why Bull Markets Are Dangerous
Replies: 152
Views: 16238

Re: Why Bull Markets Are Dangerous

Thanks for the post, Rick! Sounds like your mother has a smart financial advisor, and listens to him. A great combination. :) FWIW, wife and I have a 50% equity and 50% bond portfolio as well. Not exactly the same holdings, but pretty close. Very comforting holdings in retirement. We didn't sell any...
by Broken Man 1999
Sat Sep 08, 2018 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 207
Views: 12075

Re: Excessive Emergency Room Charges - Options?

The OP is out $2668 for several services. Any proof of gouging? Most of us know that bills are high for medical services. Do you have any expertise in medical billing? If so p!ease share with us your thoughts on what the services the OP received should cost. With your help, if you have the knowledge...
by Broken Man 1999
Fri Sep 07, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: Effectiveness of McAfee Anti-Virus Protection
Replies: 10
Views: 814

Re: Effectiveness of McAfee Anti-Virus Protection

McAfee is the first thing I delete when setting up a new computer for my in-laws. (I hope you're not inadvertently paying for their "service." ) Then I install AVG Free. I do the same. McAfee always seemed to be very sticky to get rid of, and I was always swamped with "issues" it supposedly found. ...
by Broken Man 1999
Fri Sep 07, 2018 3:25 pm
Forum: Personal Consumer Issues
Topic: Selling Internet domain name based on family last name.
Replies: 29
Views: 2623

Re: Received inquiry about purchasing domain name based on my own last name. How to respond?

I have a domain of our lastnameusa.com I bought many years ago. I have a website builder service plan with Godaddy DW wanted, but she has never built it. So I am paying. Godaddy way too much for simply having two email accounts with our last name basically. I have daughters so they don't want/need t...
by Broken Man 1999
Fri Sep 07, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Transfer in-kind between Roth Accounts @ vanguard?
Replies: 10
Views: 825

Re: Transfer in-kind between Roth Accounts @ vanguard?

When we transferred to the brokerage platform, my Flagship rep consolidated my two Roth accounts, and my wife's two Roth accounts. The only reason I cared about which platform we were on was simply to have fewer accounts to fool with. So, absolutely Roth accounts can be consolidated, not sure if it ...
by Broken Man 1999
Fri Sep 07, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: How do you handle Healthcare costs in retirement
Replies: 31
Views: 2564

Re: How do you handle Healthcare costs in retirement

Today I wrote my first check for retiree insurance, wife just put it in the mailbox. After a few issues getting the company that administers retiree insurance to get us enrolled in retiree insurance, I was finally able to get everything squared away. Hopefully the billing will be handled better tha...
by Broken Man 1999
Thu Sep 06, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: How do you handle Healthcare costs in retirement
Replies: 31
Views: 2564

Re: How do you handle Healthcare costs in retirement

Serious question: Are you able to get non-smokers rates IF you smoke (medically prescribed) marijuana?

I see tobacco as being defined by some insurers as in cigarettes, cigars, pipes, and chewing/snuff products.

Broken Man 1999
by Broken Man 1999
Thu Sep 06, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: How do you handle Healthcare costs in retirement
Replies: 31
Views: 2564

Re: How do you handle Healthcare costs in retirement

Today I wrote my first check for retiree insurance, wife just put it in the mailbox. After a few issues getting the company that administers retiree insurance to get us enrolled in retiree insurance, I was finally able to get everything squared away. Hopefully the billing will be handled better than...
by Broken Man 1999
Wed Sep 05, 2018 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct has awesome phone support! Thanks!
Replies: 16
Views: 1219

Re: Treasury Direct has awesome phone support! Thanks!

The only thing I consider a problem area is the website. More than once (apparently I am a slow learner) I have had to start over after using a browser's back button. :oops: But the website explicitly states to NOT use the back or forward buttons ... or one will be screwed logged out. Yep, that it ...
by Broken Man 1999
Wed Sep 05, 2018 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct has awesome phone support! Thanks!
Replies: 16
Views: 1219

Re: Treasury Direct has awesome phone support! Thanks!

The only thing I consider a problem area is the website. More than once (apparently I am a slow learner) I have had to start over after using a browser's back button. :oops: Honestly, the vast majority of my Savings Bonds are in paper format, and I only use Treasury Direct to check on a few bonds I ...
by Broken Man 1999
Tue Sep 04, 2018 6:43 pm
Forum: Personal Consumer Issues
Topic: HVAC annual contracts vs yearly annual cleaning
Replies: 32
Views: 2190

Re: HVAC annual contracts vs yearly annual cleaning

No service is needed. Clean outside unit, keep condenser drain line clean, change filters. We have two heat pumps. Air handler for one is in the garage. Easy access. Easy to blow the drip line out. The other air handler is in the attic. Somehow I don't think DW would be interested in climbing throu...
by Broken Man 1999
Tue Sep 04, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: What will you do when you find you have more money than expected?
Replies: 91
Views: 9627

Re: What will you do when you find you have more money than expected?

Usually when we find we have more money than expected, we take the van in for maintenance/repairs. The dealership can always be counted on to siphon the money down to a reasonable level. Van's air conditioning went out Monday. That ought to be a hefty bill. :shock: But seriously, just as this long b...
by Broken Man 1999
Tue Sep 04, 2018 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Dealing with paper EE bonds with elderly parent
Replies: 18
Views: 1162

Re: Dealing with paper EE bonds with elderly parent

Maybe go with them when the bonds are cashed?

Broken Man 1999
by Broken Man 1999
Mon Sep 03, 2018 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?
Replies: 79
Views: 3122

Re: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?

Cisco broke my heart not once, but twice. :oops: Fortunately Starbucks and GE soothed my feelings after the great recession. When I invest in individual stocks, it is always in five or more at a time. And though the collection may grow splendidly, I never risk more than 5% of my portfolio at the tim...
by Broken Man 1999
Mon Sep 03, 2018 5:21 pm
Forum: Personal Consumer Issues
Topic: F2 Tornado just slammed our area - Any way to recover expenses?
Replies: 18
Views: 1488

Re: F2 Tornado just slammed our area - Any way to recover expenses?

Contractors paid by FEMA came through our neighborhood after hurricane Irma and hauled away all the debris that was blown out of the trees. All of the storm debris has been collected in large piles. Our little city would have been overwhelmed by the sheer amount needing removed. Honestly, I think th...
by Broken Man 1999
Mon Sep 03, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?
Replies: 79
Views: 3122

Re: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?

The stock market will be open tomorrow, so go big or go home! Give us an update when you pull the trigger. Don't be swayed by these negative posters, take your chances. At the very least you will have a great story to tell one day! It might be "How I won millions with my stock picks." :) :moneybag :...
by Broken Man 1999
Mon Sep 03, 2018 2:42 pm
Forum: Personal Consumer Issues
Topic: F2 Tornado just slammed our area - Any way to recover expenses?
Replies: 18
Views: 1488

Re: F2 Tornado just slammed our area - Any way to recover expenses?

Wow!

Glad you suffered no injuries.

Tornados give virtually no warning; our hurricanes don't sneak up on us.

Were any of the fallen trees recovered for lumber, firewood?

Broken Man 1999
by Broken Man 1999
Mon Sep 03, 2018 12:33 pm
Forum: Personal Consumer Issues
Topic: How often do you change your HVAC filters?
Replies: 57
Views: 3062

Re: How often do you change your HVAC filters?

DW changes both filters once a month. We use cheap filters per recommendation by HVAC installers, as we also have electrostatic filters on both units.

We usually buy a couple of cases (filters are different sizes in each unit) of filters from HD or Amazon.

Broken Man 1999
by Broken Man 1999
Mon Sep 03, 2018 11:34 am
Forum: Investing - Help with Personal Investments
Topic: To pay of mortgage or not to? Help
Replies: 19
Views: 1123

Re: To pay of mortgage or not to? Help

Nice decision to have to make! It is great you are funding all your tax-deferred accounts to the max. How long have you been able to do so? So far as paying off mortgage, or to invest; I think you need to provide more info, like the actual amounts you have been able to invest for retirement and your...
by Broken Man 1999
Sun Sep 02, 2018 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Under insured motorist insurance
Replies: 19
Views: 988

Re: Under insured motorist insurance

I never buy this insurance because I have a medical insurance. I will just pay deductible $500/yr. My maximum out of pocket cost of my medical insurance in a year is $2000. No need for this coverage for me. Self insured thru employer sponsored health plan. I'd suggest you read your own health insur...
by Broken Man 1999
Sun Sep 02, 2018 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Under insured motorist insurance
Replies: 19
Views: 988

Re: Under insured motorist insurance

Yes - same limits as liability for Uninsured and Underinsured Motorist coverage. This! If I had those limits I would have had $250k to $500k (can't remember,the limits I had at the time) more when I had my accident. I did have higher limits of uninsured/underinsured when when wife was T-boned a few...
by Broken Man 1999
Sun Sep 02, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Asset location strategy
Replies: 9
Views: 704

Re: Asset location strategy

Do you locate your assets to best minimize taxes or make rebalancing easier...or some combination of both? We have less than $150.00 in a taxable account. The only way we can minimize taxes is to attempt to smooth our spending so we can avoid withdrawing more funds that would put us in a higher tax...
by Broken Man 1999
Sun Sep 02, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Using your home as old age care self-insurance?
Replies: 74
Views: 5646

Re: Using your home as old age care self-insurance?

Perhaps a strategy for a reverse mortgage that might be better for homeowners with no mortgage would to set up a Reverse Mortgage Line of Credit. In my and DWs case, no one would desire our casa as the daughters are all well housed. And, our home is less than 10% of our net worth. We have been discu...
by Broken Man 1999
Sun Sep 02, 2018 8:55 am
Forum: Investing - Theory, News & General
Topic: Investing for nieces/nephew outside of 529
Replies: 11
Views: 955

Re: Investing for nieces/nephew outside of 529

Nothing wrong with trades.

A plumber visit costs less than a doctor visit. Good money to be made in the trades for people not afraid to sweat and get dirty.

What is the range of ages of the nephews and nieces?

Broken Man 1999
by Broken Man 1999
Sat Sep 01, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: How do you 7 figure guys organize multiple accounts?
Replies: 164
Views: 11699

Re: How do you 7 figure guys organize multiple accounts?

Three accounts: Banking: Credit Union Investing: Vanguard, Treasury Direct (no active investing, just holding a few EE and I bonds) Easy to organize, easy to use. No need to use aggregator accounts. I periodically update savings bond info under the Outside investments tab on my Balances and Holding...
by Broken Man 1999
Sat Sep 01, 2018 12:12 pm
Forum: Personal Consumer Issues
Topic: Should I go ahead and replace noisy washing machine now or wait?
Replies: 11
Views: 500

Re: Should I go ahead and replace noisy washing machine now or wait?

We have a Maytag Neptune washing machine that is at least 16 years old. It has never needed any service, and it still washes clothes well. However, on any spin cycle it is so loud that even with the laundry room door closed it is extremely loud and getting louder by the week. DH wants me to replace...
by Broken Man 1999
Sat Sep 01, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Will I ever sell Ibonds from 2001 - 3% fixed
Replies: 78
Views: 4932

Re: Will I ever sell Ibonds from 2001 - 3% fixed

Seems like quite a few were instigated under the influence of this forum to load up on I bonds way back when...I plead guilty. Don’t have 7 figures in I bonds as one poster above claims, but high 6 yes. Viewed from today, after one of the greatest stock market rallies in world history (and not over...
by Broken Man 1999
Sat Sep 01, 2018 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Medical liability claim settlement. What is fair?
Replies: 40
Views: 2558

Re: Medical liability claim settlement. What is fair?

Who was the payee on the check?

If parent, it's yours. Decide what to do.

If daughter, it is hers. She can decide what to do.

I would believe it would be made payable to daughter, as she is 21.

Broken Man 1999
by Broken Man 1999
Fri Aug 31, 2018 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency fund size
Replies: 72
Views: 6318

Re: Emergency fund size

+1 , On some level all of your assets and credit lines are an 'emergency fund'. This is our approach. We have not had an emergency fund for the last 25 years. Same here. We were blessed with stable employment when we worked. When much younger, I knew we could draw on Bank of Dad. Now we are in reti...
by Broken Man 1999
Fri Aug 31, 2018 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Suddenly disabled but need to invest
Replies: 17
Views: 1838

Re: Suddenly disabled but need to invest

One thing that really hurts the financial planning of disabled folks is the loss of tax deferred investment space, like in IRAs, 401k plans, etc. If you can't work, you can't contribute to a 401k plan. That leaves IRAs. But, one must have earned income to contribute to an IRA EXCEPT a spousal IRA. A...
by Broken Man 1999
Fri Aug 31, 2018 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Best Checking Account?
Replies: 45
Views: 2746

Re: Best Checking Account?

What is a "KYC survey"? Know your customer. Broken Man 1999 What is a Know Your Customer survey? From Wikipedia https://en.wikipedia.org/wiki/Know_your_customer Know your customer (alternatively know your client or 'KYC') is the process of a business verifying the identity of its clients and assess...
by Broken Man 1999
Fri Aug 31, 2018 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with cash/emergency fund
Replies: 36
Views: 3445

Re: What to do with cash/emergency fund

All our cash is sitting in Vanguard Federal Money Market fund. Just checked, SEC yield is currently 1.92%. ER is .11%. Vanguard Prime Money Market fund has SEC yield of 2.08%, with ER .16% Either of the Vanguard Money Market funds would be fine to use, I believe. I sacrifice a bit of yield by using...
by Broken Man 1999
Fri Aug 31, 2018 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Best Checking Account?
Replies: 45
Views: 2746

Re: Best Checking Account?

oldcomputerguy wrote:
Fri Aug 31, 2018 11:48 am
What is a "KYC survey"?
Know your customer.

Broken Man 1999
by Broken Man 1999
Fri Aug 31, 2018 11:34 am
Forum: Investing - Help with Personal Investments
Topic: What to do with cash/emergency fund
Replies: 36
Views: 3445

Re: What to do with cash/emergency fund

All our cash is sitting in Vanguard Federal Money Market fund. Just checked, SEC yield is currently 1.92%. ER is .11%. Vanguard Prime Money Market fund has SEC yield of 2.08%, with ER .16% Either of the Vanguard Money Market funds would be fine to use, I believe. I sacrifice a bit of yield by using ...