Search found 574 matches

by Prudence
Wed Dec 18, 2019 5:25 pm
Forum: Personal Consumer Issues
Topic: Estate sales, not for just dead people?
Replies: 21
Views: 2530

Re: Estate sales, not for just dead people?

I'm with you, thanks.
by Prudence
Wed Dec 18, 2019 10:52 am
Forum: Personal Consumer Issues
Topic: Estate sales, not for just dead people?
Replies: 21
Views: 2530

Re: Estate sales, not for just dead people?

We employed estate sale service for my parents moving sale some years ago. It worked spectacularly well. When it came time to close house was empty and spotless for the new owners. At the time their charge was 30% of proceeds. We will employ this strategy when it comes time for our move. It's impor...
by Prudence
Tue Dec 17, 2019 2:37 pm
Forum: Personal Investments
Topic: Add TIPS?
Replies: 7
Views: 613

Re: Add TIPS?

I concur with dbr. I don't understand why folks include some TIPS in their portfolio just in case there is some unexpected inflation. I like a more rational basis for having TIPS. Bill Bernstein has provided a good rationale for how and when to use TIPS. For example, if one retires at age 65 with 25...
by Prudence
Sun Dec 15, 2019 10:34 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 317
Views: 29708

Re: H&R BLOCK Pre-Order 2019 Software Offer

I got an email Friday offering Federal and state for 35 bucks and threatening that price goes up in January. (I have used it the last two years). The constant fluctuations are annoying.
by Prudence
Sat Dec 14, 2019 12:46 pm
Forum: Investing - Theory, News & General
Topic: Do TIPS work? How do we know?
Replies: 168
Views: 9021

Re: Do TIPS work? How do we know?

I get in theory how TIPS function but they can be a complex investment. We invested in Vanguards TIPS fund over 10 years ago. We sold and consolidated with Total Bond. In hindsight simplifying was a good decision. I believe Taylor Larimore also sold his TIPS and consolidated with Total Bond. TIPS a...
by Prudence
Sat Dec 14, 2019 12:15 pm
Forum: Investing - Theory, News & General
Topic: Do TIPS work? How do we know?
Replies: 168
Views: 9021

Re: Do TIPS work? How do we know?

That being said, TIPS only 'hedge' the funds used to buy the TIPS, not the rest of your portfolio. This is a critical point lost on many people. This fact makes TIPS a poor hedge against inflation for the overall portfolio unless most of the portfolio is invested in TIPS. Right. That's why I have a...
by Prudence
Sat Dec 14, 2019 10:01 am
Forum: Personal Consumer Issues
Topic: Need high speed scanner for diverse documents
Replies: 53
Views: 2719

Re: Need high speed scanner for diverse documents

If I buy a new SnapScan, what other costs are involved? Does is require ink or toner cartridge for example?
by Prudence
Thu Dec 12, 2019 11:04 am
Forum: Personal Finance (Not Investing)
Topic: New research on when to claim SS
Replies: 73
Views: 8564

Re: New research on when to claim SS

Nothing new here.
by Prudence
Tue Dec 10, 2019 9:42 am
Forum: Personal Consumer Issues
Topic: Downsizing CDs, Tapes Etc.
Replies: 50
Views: 4267

Re: Downsizing CDs, Tapes Etc.

Good suggestions!
by Prudence
Tue Dec 10, 2019 8:47 am
Forum: Personal Consumer Issues
Topic: Downsizing CDs, Tapes Etc.
Replies: 50
Views: 4267

Re: Downsizing CDs, Tapes Etc.

Did you burn the CDs yourself or pay for it (maybe $1.00 per CD?)?
by Prudence
Mon Dec 09, 2019 11:59 am
Forum: Personal Consumer Issues
Topic: Recommend Laptop
Replies: 79
Views: 5969

Re: Recommend Laptop

My needs are similar to yours. I acquired a Dell Inspiron 15 5000 Series three years ago and I like it. It seems heavy to me, but, I never take it off the desk in practice.
by Prudence
Sat Dec 07, 2019 1:42 pm
Forum: Personal Investments
Topic: CCRC Move and Cashing-out Portfolio CG – Pros vs Cons!
Replies: 31
Views: 2375

Re: CCRC Move and Cashing-out Portfolio CG – Pros vs Cons!

Wow that is expensive! We just joined a waiting list for an upscale CRCC in a HCOL mid-atlantic metro area. The entrance fee for an approx. 1,500 SF apartment is about $1.2M, 90% refundable. Monthly fee for two is about 8 grand. BTW, we are 73 and 68; expect to wait two or three years to get in. Our...
by Prudence
Fri Dec 06, 2019 11:06 am
Forum: Personal Consumer Issues
Topic: Downsizing CDs, Tapes Etc.
Replies: 50
Views: 4267

Re: Downsizing CDs, Tapes Etc.

Thank you!
by Prudence
Fri Dec 06, 2019 11:02 am
Forum: Personal Consumer Issues
Topic: Downsizing CDs, Tapes Etc.
Replies: 50
Views: 4267

Re: Downsizing CDs, Tapes Etc.

CDs and tapes can be like religion... tread lightly here. I suspect you can get that radio station through a computer, tablet or phone, or other device hooked to the internet. Just check the stations web site, can't imagine they don't have one. I followed your advice and opened the radio station's ...
by Prudence
Fri Dec 06, 2019 9:48 am
Forum: Personal Consumer Issues
Topic: Downsizing CDs, Tapes Etc.
Replies: 50
Views: 4267

Downsizing CDs, Tapes Etc.

My wife loves to listen to music, particularly classical. She has a large collection of music CDs and cassettes. Also, all day long, she listens to our local FM classical music station on a boom box that is located in the kitchen. In general, she has a hard time letting anything go and we have a ser...
by Prudence
Wed Nov 20, 2019 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Entrance Fee for Retirement Community
Replies: 55
Views: 8236

Re: Entrance Fee for Retirement Community

I agree that we can stay on the waiting list. Nearby the CCRC, within a couple of years, we could buy a large three BR condo on a single floor with an elevator and move out of our house. It would cost much less than the luxury CCRC. When needed, we could hire a care giver to come to the condo. When ...
by Prudence
Wed Nov 20, 2019 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Entrance Fee for Retirement Community
Replies: 55
Views: 8236

Re: Entrance Fee for Retirement Community

Update. Last week we paid a refundable deposit for one of the newest and nicest CCRCs in the area, only five miles from our home. We are on a waiting list and could wait at least three years to get an acceptable unit, in independent living. After independent living, if needed, we would receive prior...
by Prudence
Fri Nov 15, 2019 11:19 am
Forum: Personal Consumer Issues
Topic: Digitizing Old Family Photos
Replies: 32
Views: 2743

Re: Digitizing Old Family Photos

Tallboy, does your scanner scan negatives too? I have many negatives from my parents house and I don't know what is on them. I didn't think about negatives until seeing the responses in this thread. How did you deal with negatives? Did you scan and digitize the negative for retention, and, create a ...
by Prudence
Fri Nov 15, 2019 8:24 am
Forum: Personal Consumer Issues
Topic: Digitizing Old Family Photos
Replies: 32
Views: 2743

Re: Digitizing Old Family Photos

I have an HP printer/scanner/fax machine that I bought several years ago. I assume that your machine would produce a higher quality scanned photo, right (it's worth the 100 bucks)?
by Prudence
Thu Nov 14, 2019 8:58 pm
Forum: Personal Consumer Issues
Topic: Digitizing Old Family Photos
Replies: 32
Views: 2743

Digitizing Old Family Photos

I need to downsize and save as much space as possible, preparing to move out of the house. So, I would like to make copies of and then discard the original photos. I have all sizes and shapes and colors; some are more than a hundred years old; there may be a few hundred originals. I could attempt a ...
by Prudence
Sat Oct 26, 2019 1:59 pm
Forum: Personal Consumer Issues
Topic: My Amazon Seller review disappeared ... anyone else have this experience?
Replies: 22
Views: 2696

Re: My Amazon Seller review disappeared ... anyone else have this experience?

Not exactly. I have ordered numerous items over many years from Amazon. I ordered a product a few days ago and tried to return it yesterday. But, it is not eligible. So, I wrote a detailed negative review with one star (deserved none) and submitted it. Amazon gave me an automatic reply saying they w...
by Prudence
Fri Oct 25, 2019 6:28 am
Forum: Personal Finance (Not Investing)
Topic: Entrance Fee for Retirement Community
Replies: 55
Views: 8236

Re: Entrance Fee for Retirement Community

That's one of the primary reasons we are going to put down a deposit on a CRCC. If we wait until we need assisted living or comprehensive care, it is unlikely that we would be accepted into the nice nearby CRCCs that we could tolerate living in. So, it is better to come in to independent living when...
by Prudence
Tue Oct 22, 2019 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Entrance Fee for Retirement Community
Replies: 55
Views: 8236

Re: Entrance Fee for Retirement Community

Based on my personal observation, I wouldn’t move to a CCRC until age 75 or so. Unless, of course, I had a progressive medical condition that made the CCRC a good option for the future and I was afraid that I couldn’t qualify if my condition deteriorated. Note also that a lot of CCRCs have waiting ...
by Prudence
Tue Oct 22, 2019 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Entrance Fee for Retirement Community
Replies: 55
Views: 8236

Re: Entrance Fee for Retirement Community

Agree 100%! Thanks.
by Prudence
Sun Oct 20, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Entrance Fee for Retirement Community
Replies: 55
Views: 8236

Re: Entrance Fee for Retirement Community

We considered an CRCC and an independent living community, and, we preferred the latter. If we plan to stay until we die in the latter, we would need to plan on having assistance and then nursing care in the unit (in home care) at some point. I was thinking that, at some point in the future, we woul...
by Prudence
Sun Oct 20, 2019 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Entrance Fee for Retirement Community
Replies: 55
Views: 8236

Entrance Fee for Retirement Community

DW and I are considering selling our house and moving into an independent living retirement community. The community requires an entrance fee and a monthly fee. There are three options for the entrance fee: declining balance (entrance fee declines one percent per month for 60 months and then the ref...
by Prudence
Sun Jul 28, 2019 10:25 am
Forum: Personal Consumer Issues
Topic: Question about Zocdoc
Replies: 1
Views: 339

Question about Zocdoc

I scheduled an appointment with a doctor's office which seems to do all it's scheduling through Zocdoc. I am wondering if I can trust that the appointment will be made accurately. Also, Zocdoc asked me to send Zocdoc my medical records so the doctor can review them before the appointment. I am wonde...
by Prudence
Mon Jul 08, 2019 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: What I spent in 6 months on medicare
Replies: 203
Views: 25038

Re: What I spent in 6 months on medicare

$2K in 6 months? x2 for husband & wife, approx x2 for whole year. $8K. Wow. :shock: That is a line item in the budget that I didn't expect. I didn't realize it was so expensive. I had the opposite reaction. I wish I could buy into Medicare. I recently saw the 2019 figures for my ACA plan. My pr...
by Prudence
Sat Jun 29, 2019 1:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Money Market (VMMXX)
Replies: 19
Views: 2989

Re: Vanguard Money Market (VMMXX)

TerribleGolfer wrote: Fri Jun 28, 2019 12:31 pm How does this fund make its interest payments?

Does it payout every month?

Also - does interest rate risk apply to money market accounts (just talking about the principal amount invested)?

Thanks.
Investors should lose no principal although it is not guaranteed.
by Prudence
Thu Jun 27, 2019 3:47 pm
Forum: Personal Consumer Issues
Topic: Trex decking or alternatives?
Replies: 44
Views: 5549

Re: Trex decking or alternatives?

We chose Azek (TimberTech product line) at the recommendation of the builder we trust. It is expensive but nice.
by Prudence
Wed Jun 05, 2019 12:01 pm
Forum: Investing - Theory, News & General
Topic: are TIPS expensive? or are they cheap?
Replies: 204
Views: 22858

Re: are TIPS expensive? or are they cheap?

Doc, suppose I decide to hold short term Treasuries instead of a TIPs ladder for protection against unexpected inflation. Can I get that protection with a short term Treasury mutual fund? Doc can answer that question but I would like to add the quibble that you can't buy protection against inflatio...
by Prudence
Wed Jun 05, 2019 7:24 am
Forum: Investing - Theory, News & General
Topic: are TIPS expensive? or are they cheap?
Replies: 204
Views: 22858

Re: are TIPS expensive? or are they cheap?

In the I believe unusual case of someone who loads up on corporate bonds as a 'safe' asset to the point where any other fixed income instrument is subject to likely sale for rebalancing , then the liquidity premium of any TIPS couldn't be assumed to go into the investor's pocket. But in a more usua...
by Prudence
Mon Jun 03, 2019 6:38 am
Forum: Personal Investments
Topic: Required Minimum Distributions
Replies: 1
Views: 398

Required Minimum Distributions

In 2019, I did a transfer from a credit union t-IRA to my Vanguard t-IRA, and, a transfer from my Vanguard t-IRA to a credit union t-IRA. I normally do my RMDs at the end of the year. So I am wondering if Vanguard (and the credit union) has the correct information to calculate the RMD for the end of...
by Prudence
Sun May 26, 2019 10:25 pm
Forum: Personal Consumer Issues
Topic: Three days In Montreal
Replies: 21
Views: 1733

Re: Three days In Montreal

We stayed 4 nights in Montreal and 3 nights in Quebec City. I was underwhelmed by Montreal (except Notre Dame) but really enjoyed QC and the Frontenac. I have no desire to return to Montreal but am looking forward to another visit to QC.
by Prudence
Wed May 01, 2019 7:21 am
Forum: Investing - Theory, News & General
Topic: TIPs vs total return portfolio in retirement
Replies: 27
Views: 2839

Re: TIPs vs total return portfolio in retirement

Got it and love your long posts!
by Prudence
Tue Apr 30, 2019 1:07 pm
Forum: Investing - Theory, News & General
Topic: TIPs vs total return portfolio in retirement
Replies: 27
Views: 2839

Re: TIPs vs total return portfolio in retirement

Thanks much #Cruncher, very helpful! Regarding the last question, just to confirm, the targeted spending amount of $40,000 per year in Pfau's sample ladder does not include inflation, so, for example if purchasing power drops one half in twenty years due to compounded actual inflation, I would need ...
by Prudence
Mon Apr 29, 2019 8:19 am
Forum: Investing - Theory, News & General
Topic: TIPs vs total return portfolio in retirement
Replies: 27
Views: 2839

Re: TIPs vs total return portfolio in retirement

I think I'm missing something in my understanding of retirement funding. Hoping someone can clear this up. According to Wade Pfau's article, approx $1M is needed for a 30 year, $40,000 per year TIPS ladder. https://retirementresearcher.com/building-retirement-income-tips-ladder/ Using a total retur...
by Prudence
Wed Apr 17, 2019 1:02 pm
Forum: Investing - Theory, News & General
Topic: Five Year TIPs Auction
Replies: 3
Views: 507

Five Year TIPs Auction

I submitted a buy order this morning. I plan to hold to maturity. The indicative yield is .528% and the current CPI rate is around 2.1%. So, I am estimating that my annual rate on the this will be about 2.1 + .528 = 2.628%, more or less. I realize that this will fluctuate going forward. Is this gene...
by Prudence
Tue Mar 26, 2019 4:02 pm
Forum: Personal Consumer Issues
Topic: Customer Lobby [is it a good review site?]
Replies: 0
Views: 344

Customer Lobby [is it a good review site?]

I am trying to find a good contractor for some work on my house. I normally use checkbook.org for ratings and reviews of local firms. One company I have talked to has reviews on Customer Lobby. The reviews are mostly positive although there is one very negative one. I feel like Customer Lobby is not...
by Prudence
Mon Mar 18, 2019 3:40 pm
Forum: Personal Consumer Issues
Topic: Microsoft Windows License
Replies: 5
Views: 438

Re: Microsoft Windows License

Many thanks, guys!
by Prudence
Mon Mar 18, 2019 3:35 pm
Forum: Personal Consumer Issues
Topic: Microsoft Windows License
Replies: 5
Views: 438

Microsoft Windows License

I have received a few phone messages with a recording saying my license has expired and I need to pay $299.00 to renew. I have Windows and various Microsoft products (Word, Excel, Edge etc.). I have not received any other notifications from Microsoft via email or regular mail. This sounds fishy to m...
by Prudence
Tue Feb 19, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Using Federal Tax Refund to Purchase Ibonds
Replies: 3
Views: 530

Re: Using Federal Tax Refund to Purchase Ibonds

I didn't see that option. Thanks!
by Prudence
Tue Feb 19, 2019 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Using Federal Tax Refund to Purchase Ibonds
Replies: 3
Views: 530

Using Federal Tax Refund to Purchase Ibonds

I prepared my 2018 return using H&R Block software. Can I submit the return electronically if I want to use the refund to purchase ibonds? If not, do I have to submit a paper return with the special form? Same issue with TurboTax?
by Prudence
Mon Feb 11, 2019 9:53 am
Forum: Personal Investments
Topic: TIPs Question
Replies: 4
Views: 459

Re: TIPs Question

Good point blueskies. I see two ways to mitigate the liquidity issue. One, hold TIPs bonds to maturity. Two, be prepared to wait out the panic and the liquidity crunch before selling.
by Prudence
Mon Feb 11, 2019 7:56 am
Forum: Personal Investments
Topic: TIPs Question
Replies: 4
Views: 459

TIPs Question

Below is a link to an article by Larry Swedroe in August 2018. At that time, I believe Larry made a case that TIPs bonds or TIPS funds compared favorably to nominal bonds or nominal bond funds, considering interest rates at that time and various other relevant factors. My take on the article is that...
by Prudence
Thu Feb 07, 2019 2:27 pm
Forum: Personal Investments
Topic: CD investment decision
Replies: 55
Views: 4940

Re: CD investment decision

Don't know, but, I think guaranteed 3.7% fixed will do as well as ST or intermediate term bond index funds over the next five years (e.g. total bond index, ST Treasuries or IT Treasuries). The problem is the reinvestment risk. If you do a CD ladder, you may come out ahead when you eventually conside...
by Prudence
Thu Feb 07, 2019 8:17 am
Forum: Personal Investments
Topic: CD investment decision
Replies: 55
Views: 4940

Re: CD investment decision

I would not do it but it looks ok to me (75/25 fixed to cash allocation which is low risk). As others have said, make sure you structure it so all your CDs are fully insured by FDIC. Keep an eye on unexpected inflation. When you go to re-invest in five years, you may face a difficult situation. When...
by Prudence
Mon Feb 04, 2019 10:51 pm
Forum: Personal Investments
Topic: Why ally bank
Replies: 98
Views: 16029

Re: Why ally bank

Love Ally. Today I set up a new external bank to link to my Ally account and it was done and ready to submit a transfer in five minutes. Nirvana.
by Prudence
Mon Feb 04, 2019 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question - vehicle mileage deduction
Replies: 8
Views: 548

Re: Tax question - vehicle mileage deduction

No I can't but I had a similar experience in prior years (my wife uses her car for business purpose commuting). I decided that it was not worth the time to do all the record keeping for such a small write-off. So, we don't claim it. (I think it's the tax regs not TT).