Search found 488 matches

by orlandoman
Mon Feb 16, 2015 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Debacle, need advice...
Replies: 35
Views: 4003

Re: Health Insurance Debacle, need advice...

Auto-pay is a conveniece offered by many companies, medical & non-medical, to their customers. Do you normally enter auto-payments into a checkbook, to account for the withdrawal of funds? Do you have any responsibility to make sure that auto-payments are actually made?
by orlandoman
Sat Jan 31, 2015 3:40 pm
Forum: Investing - Theory, News & General
Topic: "Planet Money" is shorting SPY
Replies: 26
Views: 3962

One Person's Experience Betting Against The Market

I play against the market. I have a bit of $ set aside as a 'play' account. I only trade the ETF 'DXD', (The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones Industrial AverageSM). This is an...
by orlandoman
Thu Jan 29, 2015 7:33 am
Forum: Personal Consumer Issues
Topic: cvt transmissions
Replies: 67
Views: 9894

Re: cvt transmissions

Have a 2014 Subaru Forester with CVT and happy with it.
by orlandoman
Thu Jan 08, 2015 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Another "Should I buy flood insurance?" question
Replies: 12
Views: 1592

Re: Another "Should I buy flood insurance?" question

I was in Flood Zone 'X" and bought flood ins. Many years later my zone was changed to Zone 'AE'. Premium would have beed 4-6x as much, but since I had an existing 'X' policy I was grandfathered in to keep the 'X' policy. Flood ins. policies are transferrable. So, if/when I sell the new owner can ass...
by orlandoman
Sun Dec 07, 2014 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Dental plans for Medicare age worth buying?
Replies: 7
Views: 1529

Re: Dental plans for Medicare age worth buying?

It's like the wild west out there with these dentists. Should I resign myself to the fact as a new Medicare age patient that this is expected and tolerated? That's a good description of it! Also, check with the dentist on the actual cost. Had my root canal two weeks ago & the cost he quoted was 25%...
by orlandoman
Sun Dec 07, 2014 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Dental plans for Medicare age worth buying?
Replies: 7
Views: 1529

Re: Dental plans for Medicare age worth buying?

Just went through the exercise ... needed a root canal & crown. Most dental 'insurance' is expensive, is normally limited to a max of $1,000-$1,500 a year and you have to wait 6mos to a year for major services ... not worth it for me. I got a dental 'discount' plan that saved me 25% ($273) on the ro...
by orlandoman
Mon Dec 01, 2014 2:46 pm
Forum: Personal Investments
Topic: Best CD rates ...
Replies: 49
Views: 6890

Re: Best CD rates ...

Fidelity Fixed Income/CD rate page: https://fixedincome.fidelity.com/ftgw/fi/FILanding 5yr brokered CD 2.3% Thanks, trying to my head around, "what is a brokered CD ?" - Brokered CD's are CD offerings that are sold at firms such as Fidelity or Vanguard, rather than directly by the bank - Brokered C...
by orlandoman
Mon Dec 01, 2014 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Irrevocable "income only" trust, nursing home, tax questions
Replies: 11
Views: 2021

Re: Irrevocable "income only" trust, nursing home, tax quest

This is an excellent book, that I have just got done reading, it really gives you an excellent understanding of your options. Trusts are covered. It is more expensive than other books, but it is worth it. "How to Protect Your Family's Assets from Devastating Nursing Home Costs: Medicaid Secrets". H...
by orlandoman
Mon Dec 01, 2014 12:25 pm
Forum: Personal Investments
Topic: Best CD rates ...
Replies: 49
Views: 6890

Re: Best CD rates ...

Fidelity Fixed Income/CD rate page: https://fixedincome.fidelity.com/ftgw/fi/FILanding

Vanguard rate page: https://personal.vanguard.com/us/funds/bonds/bonddesk

5yr brokered CD 2.3%
by orlandoman
Sun Nov 30, 2014 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Irrevocable "income only" trust, nursing home, tax questions
Replies: 11
Views: 2021

Re: Irrevocable "income only" trust, nursing home, tax quest

This is an excellent book, that I have just got done reading, it really gives you an excellent understanding of your options. Trusts are covered. It is more expensive than other books, but it is worth it. "How to Protect Your Family's Assets from Devastating Nursing Home Costs: Medicaid Secrets". He...
by orlandoman
Thu Nov 20, 2014 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Medicaid Question
Replies: 4
Views: 2159

Re: Medicaid Question

It appears that 29 states have Filial Support laws, here'a Forbes article that lists them: "Who Will Pay For Mom's Or Dad's Nursing Home Bill? Filial Support Laws And Long-Term Care" http://www.forbes.com/sites/northwesternmutual/2014/02/03/who-will-pay-for-moms-or-dads-nursing-home-bill-filial-supp...
by orlandoman
Sat Nov 15, 2014 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Just signed up Obamacare again.
Replies: 41
Views: 5080

Re: Just signed up Obamacare again.

FYI, my wife is on a company retire plan (not ACA) & 2015 premium went up 11.5%
by orlandoman
Sat Oct 04, 2014 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Age 30, should I buy 30 year term?
Replies: 10
Views: 1567

Re: Age 30, should I buy 30 year term?

How about buying $500,000, 20 to 30 year level premium term now, with a very low premium. That guarantees at least that level of insurability in the future and you can add to it in the future as your family plans occur.
by orlandoman
Tue Sep 30, 2014 6:51 pm
Forum: Personal Consumer Issues
Topic: Why Aren't Waterbeds Popular Anymore?
Replies: 13
Views: 2611

Why Aren't Waterbeds Popular Anymore?

I'll admit that I'm a 66 yr old waterbed owner. Wife & I have had one for over 25 years. We're redoing some things around the house & need to emply the waterbed to install new carpet. Are there many other long term waterbed users on this forum? No more waterbed stores around and not popular anymore ...
by orlandoman
Fri Sep 19, 2014 5:06 pm
Forum: Investing - Theory, News & General
Topic: Are SPIA's fairly priced? - A quick and dirty analysis
Replies: 75
Views: 6015

Re: Are SPIA's fairly priced? - A quick and dirty analysis

This topic can be talked to death without any resolution. ... if a cure for cancer is found, how many years will a SPIA be paying out in the future ... how do they account for that in premiums today? I would not judge them as being unfair prices, but I do think it can be worthwhile to benchmark the...
by orlandoman
Fri Sep 19, 2014 4:23 pm
Forum: Investing - Theory, News & General
Topic: Are SPIA's fairly priced? - A quick and dirty analysis
Replies: 75
Views: 6015

Re: Are SPIA's fairly priced? - A quick and dirty analysis

This topic can be talked to death without any resolution. Too many variables ... human longevity has increased over time, new conditions that were once considered fatal or nearly so are now controllable (i.e. HIV), so how does the insurance company plan for paying out over a lengthening human lifesp...
by orlandoman
Sun Sep 14, 2014 3:49 pm
Forum: Personal Investments
Topic: Buying CDs
Replies: 30
Views: 4661

Re: Buying CDs

A number of posts it this thread mentioned that banks can change their early withdrawal penalties. While that is true, at least Ally has kept the withdrawal policies that were in effect at the CD purchase, this is a plus for Ally. When a change in EWP's was made it was only for new/renewing CD's. Fr...
by orlandoman
Thu Aug 28, 2014 4:43 pm
Forum: Personal Consumer Issues
Topic: Which bed should I buy?
Replies: 21
Views: 4390

Re: Which bed should I buy?

Check this mattress manufacturer ... http://www.bedinabox.com. Can't beat their return policy. I have not purchased a bed from them, but are planning to shortly. - - - - - What is your return policy? BedInABox™ has the easiest and best mattress return policy in the entire industry. It is simple, fai...
by orlandoman
Thu Aug 28, 2014 9:38 am
Forum: Personal Consumer Issues
Topic: Which bed should I buy?
Replies: 21
Views: 4390

Re: Which bed should I buy?

The best mattress review site: http://www.sleeplikethedead.com/
by orlandoman
Mon Aug 18, 2014 2:07 pm
Forum: Personal Consumer Issues
Topic: Alarm company wants me to waive rights
Replies: 13
Views: 1729

Re: Alarm company wants me to waive rights

Maybe ... - someone breaks into your home - during their their theft they break a pipe & cause water damage or set fire to your house - you decide to sue the alarm company first rather then your homeowner's insurance company because they didn't keep yoour house safe - the clause you mentioned might ...
by orlandoman
Thu Aug 07, 2014 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: [If over 50] Do you prepare for long term care
Replies: 43
Views: 3221

Re: [If over 50] Do you prepare for long term care

Most people don't receive long-term care services (6% of the U.S. population over 65, per the CDC Long-Term Care Services in the United States: 2013 Overview and the U.S. Census ). Most of those who do end up in nursing homes pay down their assets until they are funded by Medicaid. You are confusin...
by orlandoman
Tue Jul 29, 2014 2:45 pm
Forum: Personal Consumer Issues
Topic: How to handle a company that won't honor a warranty?
Replies: 23
Views: 8762

Re: How to handle a company that won't honor a warranty?

"So, a part stops working after 4 years ... on what basis did you determine that is was a 'defect' rather than normal wear and tear?" My take is that wear and tear would be, say, if the belt gradually wore out, or maybe the bearings gradually wore (although, you'd have to put in a lot of miles to d...
by orlandoman
Tue Jul 29, 2014 2:05 pm
Forum: Personal Consumer Issues
Topic: How to handle a company that won't honor a warranty?
Replies: 23
Views: 8762

Re: How to handle a company that won't honor a warranty?

Objectively, Since you didn't provide warranty wording, I'll make the following assumptions, until you provide further detail: - the warranty says defects are covered for 5 years - normal wear & tear isn't covered So, a part stops working after 4 years ... on what basis did you determine that is was...
by orlandoman
Thu Jun 05, 2014 5:55 am
Forum: Personal Consumer Issues
Topic: Gutter Strainer - Is this worth it?
Replies: 14
Views: 4428

Re: Gutter Strainer - Is this worth it?

protagonist wrote:I researched gutter solutions a few years ago and none seemed ideal.

I invested in a cheap electric leaf blower, which has made cleaning gutters much easier. Actually, almost fun.
This is my solution too & it makes cleaning very quick!
by orlandoman
Tue Jun 03, 2014 5:32 pm
Forum: Personal Consumer Issues
Topic: What's the latest in credit card offers?
Replies: 8
Views: 1735

Re: What's the latest in credit card offers?

To see what credit card offers are public & are specifically targeted to you, use http://www.cardmatch.com. Yes, they ask for the last 4#'s of your SS. Read the security & disclosures on that page for an explanation of their security & how they match offers. Check them out online & you see that they...
by orlandoman
Mon Jun 02, 2014 6:27 am
Forum: Investing - Theory, News & General
Topic: GE Capital Retail Bank 5-Year 2.3% CD
Replies: 75
Views: 11865

Re: GE Capital Retail Bank 5-Year 2.3% CD

Kevin M, thanks for the blog post, good explanation.
by orlandoman
Thu May 22, 2014 10:00 am
Forum: Personal Consumer Issues
Topic: Best rental car companies
Replies: 20
Views: 1954

Re: Best rental car companies

Always extremely happy with Enterprise.
by orlandoman
Fri May 16, 2014 6:52 pm
Forum: Investing - Theory, News & General
Topic: Why SPIAs are a Good Deal Despite Low Rates
Replies: 2
Views: 829

Why SPIAs are a Good Deal Despite Low Rates

Just read this article, "Why SPIAs are a Good Deal Despite Low Rates', http://advisorperspectives.com/newsletters14/Why_SPIAs_are_a_Good_Deal_Despite_Low_Rates.php Most of the posts I have read on this forum on SPIA's, suggest that generally they are the most viable annuity option, for those who wan...
by orlandoman
Sat May 03, 2014 5:40 pm
Forum: Investing - Theory, News & General
Topic: SS Trust Fund Projections
Replies: 6
Views: 910

Re: SS Trust Fund Projections

It is commonly advised to calculate your social security benefit at 75%, we have taken it into consideration. If the cut actually comes to fruition (it probably wont because the majority of people that will collect SS can't afford to either delay retirement or take a benefit cut) delaying to 70 wou...
by orlandoman
Sat May 03, 2014 4:33 pm
Forum: Investing - Theory, News & General
Topic: SS Trust Fund Projections
Replies: 6
Views: 910

SS Trust Fund Projections

The Social Security Truct Fund 2013 Report, http://www.ssa.gov/oact/trsum/, says, in part, "After 2020, Treasury will redeem trust fund asset reserves to the extent that program cost exceeds tax revenue and interest earnings until depletion of total trust fund reserves in 2033, the same year project...
by orlandoman
Sat Apr 19, 2014 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: POLL: If Eligible For Social Security .....
Replies: 71
Views: 6524

Re: POLL: If Eligible For Social Security .....

A bit tricky, the way the question and the answer choices are worded: "If Eligible For Social Security Based On Your Own Earnings, At What Age Did You Start Collecting?" I'm "eligible... based on ... own earnings", but am currently collecting spousal benefits. Will switch to "as self" at age 70. I ...
by orlandoman
Sat Apr 19, 2014 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: POLL: If Eligible For Social Security .....
Replies: 71
Views: 6524

Re: If Eligible For Social Security Based On Your Own Earnin

sscritic wrote:Using the usual convention for ages, I chose 62, although I actually claimed at 62 and 10 months. If you had asked us to round our age off, I would have chosen 63.
Let's not round up for simplicity.
by orlandoman
Sat Apr 19, 2014 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: POLL: If Eligible For Social Security .....
Replies: 71
Views: 6524

Re: POLL - If Eligible For Social Security .....

cfs wrote:Eligible but collecting yet

I believe this one should read Eligible but NOT collecting yet

Thanks for reading this note.
Corrected, thanks.
by orlandoman
Sat Apr 19, 2014 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: POLL: If Eligible For Social Security .....
Replies: 71
Views: 6524

POLL: If Eligible For Social Security .....

With so many discussions on the best age to collect social security & all the variable factors involved in that decision, I thought it would be of value to see the actual results of when people actually signed up for social security & those who are eligible but have not signed up yet.
by orlandoman
Fri Apr 18, 2014 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: SS Strategy Metric
Replies: 55
Views: 5954

Re: SS Strategy Metric

Interesting that so many people on this forum say they are or suggest waiting until age 70 to collect social security ... while the statistics say that only 2% of the people wait until age 70 ... agreed that people on this forum are generally more financially interested/educated than the general pub...
by orlandoman
Mon Apr 07, 2014 8:15 am
Forum: Investing - Theory, News & General
Topic: Delaying Social Security - best long-term investment?
Replies: 78
Views: 5696

Re: Delaying Social Security - best long-term investment?

Not only is age at death unknown, but, for those with a spouse: say you sign up for SS at age 62 at $20k a year and you die 5 years later at age 67, you & your spouse are forfeiting $100k ($20k x 5) ... how to do figure that risk in your analysis? I have not seen anyone answer this. It is answered ...
by orlandoman
Mon Apr 07, 2014 8:10 am
Forum: Investing - Theory, News & General
Topic: Delaying Social Security - best long-term investment?
Replies: 78
Views: 5696

Re: Delaying Social Security - best long-term investment?

Phineas J. Whoopee wrote:
Delaying is not to maximize your benefits or to maximize your estate. It's to insure against the risk of living longer than you expect and running short. That's the reasoning.

PJW
So, delaying to increase payouts is not maximizing your benefits?
by orlandoman
Sun Apr 06, 2014 7:49 pm
Forum: Investing - Theory, News & General
Topic: Delaying Social Security - best long-term investment?
Replies: 78
Views: 5696

Re: Delaying Social Security - best long-term investment?

There are so many variables that can't be specified, like age at death, so do your research, understand you personal/family history, do your our retirement income analysis and go with your gut instinct. Not only is age at death unknown, but, for those with a spouse: say you sign up for SS at age 62 ...
by orlandoman
Tue Mar 25, 2014 1:46 pm
Forum: Personal Consumer Issues
Topic: BBQ Road Trip
Replies: 50
Views: 5422

Re: BBQ Road Trip

"In SC, Maurice's Piggie Park BBQ is highly rated. They have 14 locations, mostly in and around Columbia" I am a BBQ lover & have traveled all over the SE eating BBQ, including BBQ omelets for breakfast! Maurice's is my #1 favorite. Yes, it's mustard based. If you stop at any of the locations, try t...
by orlandoman
Tue Mar 11, 2014 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Costco vs BJs vs Sams Club
Replies: 53
Views: 22679

Re: Costco vs BJs vs Sams Club

Now this doesn't apply to many people ... but, there are VERY few places that will accept returns for prescription eyeglasses/frames, but COSTCO is one of them. I've returned eyeglasses for a 100% refund, that I just couldn't get to fit comfortably, without any questions or hasles.
by orlandoman
Thu Mar 06, 2014 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Costco car buying?
Replies: 6
Views: 15051

Re: Costco car buying?

Understand this ... car dealers pay buying services about $250-$300 for each lead that turns into a sale, so you are giving up that much in bargaining dollars. That, being said, for those who don't want to do a lot of research or bargaining they normally offer a good, but not great deal.
by orlandoman
Mon Mar 03, 2014 7:13 am
Forum: Personal Consumer Issues
Topic: 2014 Subaru Forester Nav and Phone bluetooth any good?
Replies: 8
Views: 2789

Re: 2014 Subaru Forester Nav and Phone bluetooth any good?

The premium nav and harmon kardon stereo HD radio ipod is very nice. Very good sound. Darn good even. Bluetooth audio (phone) is fine. It has basic voice controls for dialing and nav but we do not use them...yet. It is clear sound both ways. We like the steering wheel controls too. Unit works well ...
by orlandoman
Fri Feb 28, 2014 5:36 pm
Forum: Personal Consumer Issues
Topic: Help buying a car under invoice
Replies: 24
Views: 4751

Re: Help buying a car under invoice

Bought a 2014 Forester in January. Here's a couple of pointers: - the Forester is a very 'hot' vehicle right now, deals are hard to get - for the 2% VIP discount you have to have been a member of one of the qualifying groups for at least 6 months & have an official letter from that group to verify s...
by orlandoman
Fri Feb 21, 2014 11:37 am
Forum: Personal Consumer Issues
Topic: Honda CR-V vs Subaru Forester (edit: decision made!)
Replies: 43
Views: 15454

Re: Honda CR-V vs Subaru Forester

Bought a 2014 forester limited 2.5l model in early January. Only have driven about 700 miles without using air or heat and I'm getting 29.1 mpg. Never owned a subaru before and really like the forester. Great visibility, the limited version has 10 way power seats and yes it takes a bit to get it set...
by orlandoman
Sat Feb 15, 2014 11:33 am
Forum: Personal Consumer Issues
Topic: 2014 Jeep Cherokee - buy one?
Replies: 32
Views: 3904

Re: 2014 Jeep Cherokee - buy one?

2014 Jeep® Cherokee Receive MotorWeek's Drivers' Choice Award Jeep Cherokee Our Best Small Utility award goes to the reincarnated Jeep Cherokee. The name may have been gone from America for a while, and early pictures had many skeptical, but the proof for us was in the driving. Whether you choose I...
by orlandoman
Sat Feb 15, 2014 9:22 am
Forum: Personal Consumer Issues
Topic: 2014 Jeep Cherokee - buy one?
Replies: 32
Views: 3904

Re: 2014 Jeep Cherokee - buy one?

When you look at the Jeep Cherokee ratings US News, you will see for example that it has a higher safety rating than, say the Forester. Now look at the Institute for Highway Safety website, this is the organization that does the actual crash tests on on vehicles, http://www.iihs.org/iihs/ratings . T...
by orlandoman
Fri Feb 14, 2014 3:23 pm
Forum: Personal Consumer Issues
Topic: 2014 Jeep Cherokee - buy one?
Replies: 32
Views: 3904

Re: 2014 Jeep Cherokee - buy one?

2014 Subaru Forester worth checking out: 2014 Motor Trend SUV of the Year: Subaru Forester http://www.motortrend.com/oftheyear/suv/1312_2014_suv_of_the_year_subaru_forester/#ixzz2tKW59iUm Kiplinger's best new car values of 2014 - MSN Autos - Forester best small SUV & highest 3yr & 5yr resale value o...
by orlandoman
Tue Feb 11, 2014 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: "The dangers of long-term care insurance"
Replies: 132
Views: 19200

Re: "The dangers of long-term care insurance"

Here’s the problem with using summary statistics to help make a decision about LTC: - there are 6 ‘Activities of Daily’ living, eating, bathing, etc. - in every detailed/complete report on LTC needs, U.S. Gov’t, etc., they say they include anyone who needs help in 1 or more activities of daily livin...
by orlandoman
Mon Feb 10, 2014 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Freezing Credit - Should I?
Replies: 23
Views: 3744

Re: Freezing Credit - Should I?

A credit freeze primarily prevents a new account from being opened in your name, because a credit bureau check for new credit will not be furfilled. It does not do anything if someone gets ahold of your existing credit card information and starts charging with it. It will do nothing to help you if s...