Search found 1060 matches

by Broken Man 1999
Thu May 24, 2018 3:00 pm
Forum: Personal Consumer Issues
Topic: Verizon - Total Mobile Protection
Replies: 5
Views: 480

Re: Verizon - Total Mobile Protection

Right now verizon customers have a chance to enroll in Verizon's Total Mobile Protection plan for $13/month per device. Has anyone enrolled in this, used the plan (you have to pay a deductible too) and then canceled? I've got a small crack in my screen (covered by the plan) which would be cheaper w...
by Broken Man 1999
Wed May 23, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: Asset Class Forecasts
Replies: 47
Views: 2397

Re: Asset Class Forecasts

Honestly if you feel more comfortable in scaling back your equity allocation, as you are nearing retirement, it is a perfectly natural thing to do. I did so myself a couple of years ago, working my equity allocation down to current equity allocation of 50%. My "market timing" decision was simple, I ...
by Broken Man 1999
Wed May 23, 2018 8:53 am
Forum: Personal Consumer Issues
Topic: Water Heater Install $1,800!
Replies: 90
Views: 15692

Re: Water Heater Install $1,800!

Location: west coast of Florida Water Heater: 50 gallon electric,12 year warrantee against leaks Water Heater + installation: $1017, had existing drip pan. Plumber installed unit in closet in corner of garage, so was easy to remove, and easy to install. Asked plumber about tank less once he determin...
by Broken Man 1999
Tue May 22, 2018 6:13 pm
Forum: Personal Consumer Issues
Topic: Old Hot Water Heater
Replies: 20
Views: 1166

Re: Old Hot Water Heater

Where is the water heater located that it could cause so much damage?

Our water heater is located in our garage, a leak would cause water on the garage floor, but little if any damage, other than perhaps wetting objects on the garage floor.

Broken Man 1999
by Broken Man 1999
Tue May 22, 2018 4:50 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 315
Views: 30875

Re: Post your Financial Milestone Announcements Here

With Friday's paycheck I crossed over $100k. $70k in retirement accounts and $30k in savings (emergency fund + house down payment). Age 27. I am very grateful for finding this website. Thanks to all who post :sharebeer That is a pretty darn good start for someone of your age! I can honestly say I d...
by Broken Man 1999
Mon May 21, 2018 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Disputed HOA billing
Replies: 21
Views: 1741

Re: Disputed HOA billing

What services did the HOA perform that you were in turn charged for?

How did you determine the charge was bogus? A bit more info would be helpful.

Their idea of what is a necessary action obviously is at odds with your ideas.

Broken Man 1999
by Broken Man 1999
Mon May 21, 2018 5:48 pm
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 262
Views: 47207

Re: "Why 97% of People Don't Use 529 College Savings Plans."

As Klangfool has said repeatedly, it's better to not fund a 529 and keep your family fed than not to. I believe many people believe you can actually do both. I am one of those people. Certainly others are not. Broken Man 1999 You probably can, but there's a reason we call emergency funds that. The ...
by Broken Man 1999
Mon May 21, 2018 1:12 pm
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 262
Views: 47207

Re: "Why 97% of People Don't Use 529 College Savings Plans."

willthrill81 wrote:
Mon May 21, 2018 12:49 pm
As Klangfool has said repeatedly, it's better to not fund a 529 and keep your family fed than not to.
I believe many people believe you can actually do both. I am one of those people. Certainly others are not.

Broken Man 1999
by Broken Man 1999
Mon May 21, 2018 12:55 pm
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 262
Views: 47207

Re: "Why 97% of People Don't Use 529 College Savings Plans."

Here's one idea - use an UTMA. Tell kid, money is for college from an age of understanding. Parents raiding an UTMA for less than ethical uses can be sued. Another idea - for those with a wondering eye, the courts may enforce a requirement that you pay for college, period! And they can collect! UTM...
by Broken Man 1999
Mon May 21, 2018 11:55 am
Forum: Investing - Theory, News & General
Topic: Roll your own index fund current viability
Replies: 22
Views: 1398

Re: Roll your own index fund current viability

In one of Mr Bogle's books he opined that a high net worth investor might do exactly that. I don't recall if he defined a high net worth investor in the book.

I believe his idea was to buy 20-25 individual stocks (largest by market cap) and just hold them.

Broken Man 1999
by Broken Man 1999
Mon May 21, 2018 11:43 am
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 262
Views: 47207

Re: "Why 97% of People Don't Use 529 College Savings Plans."

I am curious about the strategies of those who will be paying for at least some of their children's education but specifically NOT through a 529 plan. I believe those non-529 activities have less security for the student as they are not separated out from everyday expenses. Even knowing money is fun...
by Broken Man 1999
Sat May 19, 2018 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 95
Views: 6645

Re: Helping Adult Children (but not too much)

Parents who do help their kids out, what are your thoughts on parents who don’t help their kids? When I say help, I mean things like college, home, grandkids college, etc. I have never worried about what others do or not do for their children. It isn't any of my business. However, I do believe that...
by Broken Man 1999
Sat May 19, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 95
Views: 6645

Re: Helping Adult Children (but not too much)

AFTER my daughters had closed on their first homes, we gave them $10,000. We didn't want the gift $$$ to just be added to their home selection money pot, so we waited. And one by one swore them to secrecy to prevent the next one to buy from considering the $10,000 as a reason to get a more expensive...
by Broken Man 1999
Sat May 19, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 262
Views: 47207

Re: "Why 97% of People Don't Use 529 College Savings Plans."

I am hardly wealthy, but I do like the 529 plans. Money growing tax-free is a pretty powerful tool. I have 529 plans for our four grandchildren, oldest soon to be ten years old. I started them with my state (Florida) 529 plan, then, as the individual plans reached $3000, I transferred them to Vangua...
by Broken Man 1999
Fri May 18, 2018 9:07 am
Forum: Personal Consumer Issues
Topic: Hot food flavoring (sauces, spices and peppers)
Replies: 51
Views: 2785

Re: Hot food flavoring (sauces, spices and peppers)

Being in west Florida, we eat a lot of Cuban food. Crystal hot sauce is a staple for us. We have also on occasion used Tabasco , and Franks . Can't say one is better than another. We buy the 2-large bottle packages of Crystal at Costco. All work very well for us. As I age I find my tolerance for spi...
by Broken Man 1999
Thu May 17, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: prearranged funeral plans-Neptune Society
Replies: 10
Views: 951

Re: prearranged funeral plans-Neptune Society

When my MIL passed, we called the organization she had made donation arrangements with to advise them of her death. However, all we were able to do with them was listen to a recorded statement advising us they had all the bodies they could handle and they were not accepting any at that time. I had c...
by Broken Man 1999
Thu May 17, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage decision killing me
Replies: 52
Views: 6557

Re: Mortgage decision killing me

I’d echo others: get the 30 year and prepay like it’s a 15 year, you can always “back off” the prepayment but you cannot stop if it’s a 15 year, unless you refinance. ( and definitely not the ARM) That was the strategy we used for our mortgages. Sign for the longer term, then aggressively pay down ...
by Broken Man 1999
Mon May 14, 2018 10:15 am
Forum: Investing - Theory, News & General
Topic: Why is Fidelity more picky than banks about middle names?
Replies: 10
Views: 1683

Re: Why are Vanguard and Fidelity more picky than banks about middle names?

Vanguard required this form: One-and-the-Same Certification Form for one of BILs transfers in from other plan providers. The form requires a Medallion signature. With the form submitted, it was smooth sailing. I have no issue with Vanguard being picky, as I think it might prevent a bit of fraud some...
by Broken Man 1999
Sun May 13, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: 4 cars for 3 drivers?
Replies: 15
Views: 1109

Re: 4 cars for 3 drivers?

Why not try the running boards for the van first, seems a cheap experiment, unless you want a new vehicle added to the fleet. Wife has been driving full-size vans for 20 years, and is now deathly afraid to drive cars, as she is used to riding up so high and enjoying a better view overall. Also enter...
by Broken Man 1999
Sat May 12, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: Debt payment does not show in Bank account
Replies: 2
Views: 258

Re: Debt payment does not show in Bank account

Not exactly the same thing, but I have noticed seeing my credit card account as being paid, yet my credit union account that holds the funds to pay shows no payment activities for the card. But I have never experienced a delay of 12 days, or even close. I would pop a call to them just to see what is...
by Broken Man 1999
Fri May 11, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: AAPL - Great Investment or Value Trap
Replies: 62
Views: 7972

Re: AAPL - Great Investment or Value Trap

Heads up! Apple is going to decline today, as I have an open order to sell half my Apple stock IF it reaches $190/share. :D If it hits $190, that is about a doubling of my purchase price of $93.55 in 2016. Might continue up even more, might go down. Unlike Mr Buffett and Berkshire Hathaway, my hold...
by Broken Man 1999
Thu May 10, 2018 8:57 am
Forum: Investing - Theory, News & General
Topic: AAPL - Great Investment or Value Trap
Replies: 62
Views: 7972

Re: AAPL - Great Investment or Value Trap

Heads up! Apple is going to decline today, as I have an open order to sell half my Apple stock IF it reaches $190/share. :D If it hits $190, that is about a doubling of my purchase price of $93.55 in 2016. Might continue up even more, might go down. Unlike Mr Buffett and Berkshire Hathaway, my holdi...
by Broken Man 1999
Sat May 05, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Best brick & mortar bank?
Replies: 14
Views: 1230

Re: Best brick & mortar bank?

Credit union for us. August of this year will mark our 45th year as a member of our credit union. Car loans, mortgages, notary services, a tiny bit more in interest on savings and a tiny bit less interest on loans, free ATMs with vast network, free bill pay, etc. etc. Over the years we have used abo...
by Broken Man 1999
Sat May 05, 2018 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard: ETF vs MF
Replies: 38
Views: 3024

Re: Vanguard: ETF vs MF

I prefer ETFs, as I like to know the price when I buy and sell. Truth is, it is just a preference as I seldom buy or sell. I am definitely not a trader by any stretch of the imagination. Just a preference, not supported by anything else. Over time I have converted all my equity funds that have assoc...
by Broken Man 1999
Wed May 02, 2018 12:59 pm
Forum: Personal Consumer Issues
Topic: Selling a car: how to get paid?
Replies: 69
Views: 5465

Re: Selling a car: how to get paid?

Assume: You have clear title and buyer is in same state - Accept cash only. Meet buyer at DMV. Sign over title concurrent with buyer giving you the cash. Remove the tags and have buyer register/title the car. Give buyer the keys. Arrange for ride home. Have sales agreement signed and keep a copy. P...
by Broken Man 1999
Tue May 01, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Checking Reasonableness on Home Purchase
Replies: 9
Views: 952

Re: Checking Reasonableness on Home Purchase

Only big question: how big is your emergency fund? And do you have disability ins and life ins? Make sure you can keep the house if bad things happen. Yes! You must protect against the things that could affect your lifestyle, and security. All earnings, however large, are always at risk from unfore...
by Broken Man 1999
Mon Apr 30, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage vs. Supplemental
Replies: 77
Views: 7170

Re: Medicare Advantage vs. Supplemental

I have been on Medicare MA plans for a long time, using both United Health Care and Humana. I an currently on a Humana Medicare MA PPO plan. I was on United Health Care A for many years, and had no issues of substance. Same with my current Humana plan. My only reason for changing from a United Healt...
by Broken Man 1999
Mon Apr 30, 2018 9:39 am
Forum: Personal Consumer Issues
Topic: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?
Replies: 187
Views: 8622

Re: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?

Awesome! They will have memories for life, and this experience will get both of them out of the college "cocoon" and expose them to many learning opportunities. Right from the start, everything might be carefully planned, but there will be challenges they will have to overcome I would imagine. Life ...
by Broken Man 1999
Sat Apr 28, 2018 9:52 am
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10195

Re: Wedding - financial burden on couple and attendees

My days of paying for weddings are over, unless my grandchildren want/need me to help. I would in a heartbeat. But honestly, wedding costs, like so many other consumer things, have escalated to the level of cost that is willingly supported. Nothing more, nothing less. It isn't a requirement to spend...
by Broken Man 1999
Sat Apr 28, 2018 8:53 am
Forum: Personal Consumer Issues
Topic: Amazon to raise Prime membership in US to $119 from $99
Replies: 145
Views: 10776

Re: Amazon to raise Prime membership in US to $119 from $99

I use enough of the various services for it to be useful. I have tried the "same day" and the "two hour" deliveries and they have worked out. I wouldn't use the expedited delivery regularly if there was a charge. I ordered an item that needed to be kept cold for the first time yesterday, and I was i...
by Broken Man 1999
Fri Apr 27, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: TD Bank account credit today from Penny Arcade Class Action. www.PennyArcadeSettlement.com
Replies: 11
Views: 1366

Re: TD Bank account credit today from Penny Arcade Class Action. www.PennyArcadeSettlement.com

Wow! In reading one link from OP's original link, the under-recording of the value of the coins deposited was as high as 15% according to a survey conducted! :shock: Something of that magnitude should have been very evident to the bank, I would think. It isn't like the bank never removes the deposit...
by Broken Man 1999
Fri Apr 27, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Buy or build
Replies: 21
Views: 1493

Re: Buy or build

I would go for it, and I'm pretty conservative as well. Here is a money-saving tip for you to consider: As soon as the first shovel-full of dirt is dug, DO NOT under any circumstances watch ANY program on the HGTV channel. Seriously, that @#$%&^ channel has cost many unsuspecting spouses boatloads o...
by Broken Man 1999
Thu Apr 26, 2018 6:28 pm
Forum: Personal Consumer Issues
Topic: Learning to drive a stick [car with manual transmission]
Replies: 126
Views: 5869

Re: Learning to drive stick

All my daughters first vehicles were stick shift. They learned to drive in a local school parking lot in my 1992 Nissan Sentra. I didn't suffer permanent whiplash, but I sure learned just how heavy duty the clutch was on that car. No damage at all. :shock: Wife learned how to drive a stick shift in ...
by Broken Man 1999
Wed Apr 25, 2018 4:55 pm
Forum: Personal Consumer Issues
Topic: Do you have a car w/o ABS?
Replies: 53
Views: 2215

Re: Do you have a car w/o ABS?

It seems as though, much like the investing prowess of Bogleheads, our driving skills are also Lake Wobegon-ish , all above average.

The thing is the various safety devices protect us against other drivers, the ones who are below average! :)

Broken Man 1999
by Broken Man 1999
Wed Apr 25, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Financial Perils Of Old Age
Replies: 94
Views: 10845

Re: Larry Swedroe: Financial Perils Of Old Age

Certainly a sobering article. My father died at age 91, though his mind was gone a couple of years prior. He had a fairly decent policy for a nursing home, but my brother, sister and I just couldn't put him in one. He had the assets to afford 24X7 care under the direct supervision of my sister. My ...
by Broken Man 1999
Wed Apr 25, 2018 9:47 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Financial Perils Of Old Age
Replies: 94
Views: 10845

Re: Larry Swedroe: Financial Perils Of Old Age

Certainly a sobering article. My father died at age 91, though his mind was gone a couple of years prior. He had a fairly decent policy for a nursing home, but my brother, sister and I just couldn't put him in one. He had the assets to afford 24X7 care under the direct supervision of my sister. My s...
by Broken Man 1999
Wed Apr 25, 2018 8:24 am
Forum: Investing - Theory, News & General
Topic: Unprecedented Event
Replies: 67
Views: 9008

Re: Unprecedented Event

Of course it could happen and it could bring a once-in-a-lifetime buying opportunity as well. How would you buy if things were so hosed? I would agree that IF you could buy, it could be a great opportunity, but if the swizzle-stick really hits the fan, not sure one would be able.' Hopefully I will ...
by Broken Man 1999
Tue Apr 24, 2018 5:59 pm
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 113
Views: 7537

Re: Do you buy new or used cars?

I love the emotional aspects of car experiences even from the most staunch conservative BH. "I pay cash for new and drive for 12 years." I gather that these statements are justifications for buying new. These are emotional justifications, but not mathematical as this does not preclude you from buyi...
by Broken Man 1999
Tue Apr 24, 2018 4:45 pm
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 113
Views: 7537

Re: Do you buy new or used cars?

I have purchased two used vehicles, one a '63 Rambler Classic 330 bought in 1969 for $400, died a couple of years later, and a '68 Mercury Comet purchased in 1971 for $900 and driven until 1980. All the rest of our vehicles were purchased new, and driven several years. I just prefer new cars, I've a...
by Broken Man 1999
Mon Apr 23, 2018 3:49 pm
Forum: Personal Consumer Issues
Topic: Medical alert "button"
Replies: 34
Views: 1970

Re: Medical alert "button"

The Knox Box I have is the model 3200. The Knox Box site shows a price of $308. The installation cost would be zero if someone can use a screwdriver. You simply put the box clip over the top of your door, and tighten a set screw on the inside side of the door, which prevents the box from sliding aro...
by Broken Man 1999
Mon Apr 23, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Life Settlement - Term insurance
Replies: 12
Views: 771

Re: Life Settlement - Term insurance

Not new, pretty interesting industry. https://en.wikipedia.org/wiki/Viatical_settlement I remember reading about these when the AIDS epidemic was going on, as in that time AIDS was pretty much a death sentence. While some think Viatical settlements are morbid, I would think those early AIDS sufferer...
by Broken Man 1999
Mon Apr 23, 2018 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 121
Views: 8411

Re: Vanguard Web Site Down?

I just signed in.

Broken Man 1999

ETA: I set up a buy order and everything seems fine, cancelled order at last stage.
by Broken Man 1999
Sun Apr 22, 2018 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 85
Views: 9400

Re: Pension Freeze - What did you do?

My company froze the management pension in 2006. Fortunately for me I still had 33 years of service by 2006, and, frankly, made out well when I took a lump sum benefit when the pension interest rate was so very low, in August of 2015. I probably would have retired earlier, and missed such an awesome...
by Broken Man 1999
Sun Apr 22, 2018 3:39 pm
Forum: Personal Consumer Issues
Topic: AAA? What to do in car emergencies?
Replies: 87
Views: 5029

Re: AAA? What to do in car emergencies?

My oil change interval for my van is every six months, or 5,000 miles. We only put about 8,000 miles on the van every year, so I'm good with that. Can't remember ever getting to 5,000 miles in six months for last several years. The oil used is a synthetic blend. At our current use, the van will be i...
by Broken Man 1999
Sun Apr 22, 2018 12:12 pm
Forum: Personal Consumer Issues
Topic: Medical alert "button"
Replies: 34
Views: 1970

Re: Medical alert "button"

Think very seriously about getting a device that has "fall detection", so IF someone falls and can't move/etc., help is started (e.g., phone call sequence, then 911... whatever is set up). RM Thanks, RM. Will certainly add the "fall detection" feature to whatever "buttons" get short-listed! Edit: G...
by Broken Man 1999
Sun Apr 22, 2018 11:30 am
Forum: Personal Consumer Issues
Topic: AAA? What to do in car emergencies?
Replies: 87
Views: 5029

Re: AAA? What to do in car emergencies?

Roadside service is often available via auto insurance. Agree totally. But, I like to believe there is value in having my wife receive the needed assistance via a AAA badged truck and technician. Certainly there are some other fine companies providing great service, but not knowing who will be dispa...
by Broken Man 1999
Sun Apr 22, 2018 9:16 am
Forum: Personal Finance (Not Investing)
Topic: estate planning with animals
Replies: 28
Views: 2293

Re: estate planning with animals

I read somewhere that the Queen of England hasn't been replacing her corgis as they died as she didn't want to leave any of her dogs behind after she passed. Seems like a responsible owner, though I'm sure a remaining dog would still have lived a regal life. OP, I don't find your questions bizarre a...
by Broken Man 1999
Fri Apr 20, 2018 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Got hit with a $2800 Medical bill. Can I negotiate?
Replies: 187
Views: 10132

Re: Got hit with a $2800 Medical bill. Can I negotiate?

You continue to miss the point that the patient can absolutely call their insurance company to get an amount they will be responsible for before any services are rendered. Seriously? Have you tried this with any major procedure, like a routine surgery? I have. It was impossible. Not to mention prob...
by Broken Man 1999
Fri Apr 20, 2018 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: How do I make sure IRS receives my manual tax return ?
Replies: 89
Views: 6033

Re: How do I make sure IRS receives my manual tax return ?

wrongfunds wrote:
Fri Apr 20, 2018 5:15 pm
why can't you guys answer the question that was asked? would you keep extra $10 handed to you by the store cashier if he made a mistake? would IRS keep that extra $10,000 if taxpayer forgot about the estimated payments?
This really isn't YOUR thread. Just saying.....

Broken Man 1999
by Broken Man 1999
Fri Apr 20, 2018 5:30 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 9214

Re: NYT article: Everyone should hire a financial planner

I think forum members perhaps overestimate the overall population that has the type resources found on this forum. People of all walks have extensive knowledge about whatever their passion is -- off-road suspension, pistols, fishing, Broadway musicals, EDM, whatever. The financial "services" indust...