Search found 527 matches

by JaneyLH
Thu Apr 09, 2020 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth asking car insurer to decrease premium during pandemic?
Replies: 32
Views: 1680

Re: Is it worth asking car insurer to decrease premium during pandemic?

I am with State Farm and have 3 vehicles. They have a way to suspend a vehicle but leave the minimum coverage on so you aren’t obliged to return the plates to the DMV. Also doesn’t screw up your umbrella policy. You can take the vehicles in and out of service with just a phone call and saves about 7...
by JaneyLH
Thu Apr 02, 2020 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Canceling Auto Insurance for Few Months? Any down sides?
Replies: 56
Views: 4439

Re: Canceling Auto Insurance for Few Months? Any down sides?

We have 3 cars and State Farm Insurance. They have the capability of suspending use without cancelling, so you don't have to turn in plates and drop registration. You can make a phone call and return to use or swap cars, same day service. It costs about 75% less than your normal insurance payment! ...
by JaneyLH
Thu Apr 02, 2020 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Canceling Auto Insurance for Few Months? Any down sides?
Replies: 56
Views: 4439

Re: Canceling Auto Insurance for Few Months? Any down sides?

We have 3 cars and State Farm Insurance. They have the capability of suspending use without cancelling, so you don't have to turn in plates and drop registration. You can make a phone call and return to use or swap cars, same day service. It costs about 75% less than your normal insurance payment! N...
by JaneyLH
Tue Mar 31, 2020 4:27 pm
Forum: Investing - Theory, News & General
Topic: "The lessons of Vanguard’s Jack Bogle have helped countless investors — but his picks could be improved"
Replies: 17
Views: 2116

Re: "The lessons of Vanguard’s Jack Bogle have helped countless investors — but his picks could be improved"

In answering one of the reader's comments on the article, Mr. Merriman implies that Mr. Bogle would have agreed that Merriman's approach would yield better results than the 3-fund portfolio. "I am sorry John Bogle is not here to read your comment. I mean it in a nice way when I say, he would ha...
by JaneyLH
Sun Mar 29, 2020 2:05 pm
Forum: Investing - Theory, News & General
Topic: The end of cruise ships [cruise line stock prices]
Replies: 248
Views: 27087

Re: The end of cruise ships

Once things settle down, I’d love to go on a Viking River boat cruise. But on an ocean liner with thousands of fellow passengers plus crew? No way. My husband and I are regular Viking customers, both river and ocean. I would heartily recommend the spacious 900-guest Viking Ocean ships as the guests...
by JaneyLH
Wed Mar 25, 2020 8:16 pm
Forum: Personal Investments
Topic: How much you lost/gain since Feb 20,2020 ?
Replies: 366
Views: 32915

Re: How much are you guys down?

I don't know. Haven't looked. What it is is what it is.

Why do you ask?
by JaneyLH
Wed Mar 25, 2020 8:13 pm
Forum: Personal Investments
Topic: Rick Ferri says to put aside something for "Bingo Money"
Replies: 76
Views: 9491

Re: Rick Ferri says to put aside something for "Bingo Money"

Was thinking about BA, but missed that boat. I believe it has a lot further down to go though, even after today's rise. Mine was CCL (Carnival Cruises). Was $8 when I thought I should invest maybe $50-100K. Now $15.5. :oops: :oops: :oops: But I was unsure and didn't want to be a market timer. Yea B...
by JaneyLH
Tue Mar 24, 2020 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Corona and the “barebones” budget
Replies: 45
Views: 6048

Re: Corona and the “barebones” budget

A few days ago my Netflix app on Roku crashed. Hard crash, not the usual streaming buffering delay. I took that as a warming. Now, we missed out on masks, hand sanitizer, disinfectant wipes, and toilet paper because we were out of the country and only got home on March 18. I thought, hmmm, might as ...
by JaneyLH
Tue Mar 24, 2020 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Travel--Ultimate Rewards--Systems Down
Replies: 19
Views: 1388

Re: Chase Travel--Ultimate Rewards--Systems Down

The main Chase customer service person has apologized but informed us we cannot take advantage of the airline’s offer to make a free change up except through the Chase Travel folks. I don't understand this. If the airline is offering to make the change for free, why not make the change? If you're l...
by JaneyLH
Sat Mar 14, 2020 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Travel--Ultimate Rewards--Systems Down
Replies: 19
Views: 1388

Re: Chase Travel--Ultimate Rewards--Systems Down

My husband and I are stuck in Sydney Australia as our cruise to New Zealand has been cancelled and our return from NZ was booked through Chase Travel and they are not answering their phone. The main Chase customer service person has apologized but informed us we cannot take advantage of the airline’...
by JaneyLH
Thu Mar 05, 2020 9:51 pm
Forum: Investing - Theory, News & General
Topic: Be fearful when others are greedy. Be greedy when others are fearful.
Replies: 129
Views: 9413

Re: Be fearful when others are greedy. Be greedy when others are fearful.

Our AA is 50-50. Rebalancing threshold not triggered yet. Will buy more stock when that occurs.
by JaneyLH
Wed Mar 04, 2020 12:06 am
Forum: Personal Investments
Topic: Markets In Turmoil - Boring Responses
Replies: 65
Views: 5779

Re: Markets In Turmoil - Boring Responses

With my asset allocation, I'm down 4.6%. <yawn> I'm also amused at the people who are running to Walmart buying bottled water, paper towels, and TP. They would be buying masks and santizers, but those have been sold out for several days. DH and I are rabid hand sanitizer users when we travel, and a...
by JaneyLH
Tue Mar 03, 2020 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Best Visa Credit Card
Replies: 24
Views: 1932

Re: Best Visa Credit Card

Chase Sapphire Reserve: 3 points per $ spent on travel or dining, and redeemable at 1.5c per point on travel from Chase portal, so 'effective' cash back is 4.5%. But annual fee = $550. Comparing the Alliant Visa to it, you get 2.5% cash back. Break-even is $9000 spent per year on travel/dining cate...
by JaneyLH
Mon Mar 02, 2020 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Retire at 55, what's the magic number
Replies: 205
Views: 36680

Re: Retire at 55, what's the magic number

What are expenses? Rice and beans and keeping the heat at 62 degrees? Or full non-frugal pre-retirement expenses plus 6 domestic trips and two international per year. "Multiple of expenses" is meaningless unless you define expenses. MnD, Normally, people assume that they will live the sam...
by JaneyLH
Mon Mar 02, 2020 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Why am I not at Fidelity?
Replies: 25
Views: 3767

Re: Why am I not at Fidelity?

I'm at Fidelity (as a brokerage) because they have a) top notch 24/7 customer service, b) an outstanding website and c) a local brick and mortar if I need to use it. This lesson learned recently as my DH and I were investigating options for obtaining a Gold Medallion signature guarantee. Some folks...
by JaneyLH
Mon Mar 02, 2020 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Best Visa Credit Card
Replies: 24
Views: 1932

Re: Best Visa Credit Card

Chase Sapphire Reserve: 3 points per $ spent on travel or dining, and redeemable at 1.5c per point on travel from Chase portal, so 'effective' cash back is 4.5%. But annual fee = $550. Comparing the Alliant Visa to it, you get 2.5% cash back. Break-even is $9000 spent per year on travel/dining cate...
by JaneyLH
Mon Mar 02, 2020 7:52 pm
Forum: Personal Investments
Topic: I know I shouldn't sell but...
Replies: 79
Views: 8017

Re: I know I shouldn't sell but...

cshell2 wrote: Mon Mar 02, 2020 2:38 pm
I was not always 51 years old. :happy

Made me smile! :D
by JaneyLH
Mon Mar 02, 2020 7:49 pm
Forum: Personal Investments
Topic: Markets In Turmoil - Boring Responses
Replies: 65
Views: 5779

Re: Markets In Turmoil - Boring Responses

With my asset allocation, I'm down 4.6%. <yawn> I'm also amused at the people who are running to Walmart buying bottled water, paper towels, and TP. They would be buying masks and santizers, but those have been sold out for several days. DH and I are rabid hand sanitizer users when we travel, and al...
by JaneyLH
Sun Mar 01, 2020 2:16 pm
Forum: Investing - Theory, News & General
Topic: Best stock to buy in the dip
Replies: 25
Views: 2253

Re: Best stock to buy in the dip

:beer Buying individual stocks is like gambling: it can be fun but you are as likely to lose money as you re to make money. Because I am a contrarian, I am currently betting on cruise lines. For instance, RCL (Royal Caribbean Cruises) dropped from $135.32 on January 17, 2020 to $70.50 om February 2...
by JaneyLH
Sun Mar 01, 2020 2:05 pm
Forum: Investing - Theory, News & General
Topic: Millionaire Next Door compared to Dave Ramsey research
Replies: 31
Views: 4354

Re: Millionaire Next Door compared to Dave Ramsey research

Like most Bogleheads , I am a big fan of The Millionaire Next Door books. Chris Hogan wrote Everyday Millionaires . Chris is with the Dave Ramsey group. 1/3 of millionaires’ net worth comes from their primary residence. Everyday Millionaires , Chris Hogan, P. 155 Primary residence is not an investm...
by JaneyLH
Sat Feb 29, 2020 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

I can report success with signaturemedallion.com as our Gold Medallion-stamped document arrived today. From all I can tell it looks totally legitimate and DWS already told us they accept the Gold Medallion signature guarantee from anyone who provides it. It cost $279 because the value of the account...
by JaneyLH
Wed Feb 26, 2020 6:48 pm
Forum: Personal Consumer Issues
Topic: Cancel flights due to coronavirus concerns?
Replies: 76
Views: 8037

Re: Cancel flights due to coronavirus concerns?

Getting on a plane for a 15-hour flight to Sydney in about 10 days. Then on a cruise ship for 12 days. Then driving around NZ for 20 days. Then back on a plan for 15-hour flight home. All paid for in advance, of course. We're planning to go at this point. If we were 85 rather than 65, I'm sure we'd ...
by JaneyLH
Tue Feb 25, 2020 11:42 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

Seems like a conservatorship would be cheaper than flying to Phoenix. The online service is providing us the needed Gold Medallion Stamp is $279. Would be $149 if account was less than $100K. Cheaper and easier than flying to roundtrip to Phoenix. Less time, too. Here's what I found on an elderlaw ...
by JaneyLH
Tue Feb 25, 2020 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

Isn't that the point of filing the POA with the court? I would have thought the lawyer would do that for you after creating it. In my state there is no requirement to file a durable power-of-attorney with any court. It is effective as soon as it is properly executed. Same thing in FIL's state -- no...
by JaneyLH
Tue Feb 25, 2020 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

We input the request today with signaturemedallion.com. We were hoping this obstacle would be the last thing to overcome. Not so. Latest twist: DWS told us today that they will not process the transfer if it is initiated by Vanguard. We have to provide all the instructions to DWS that are needed for...
by JaneyLH
Tue Feb 25, 2020 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

HomeStretch wrote: Tue Feb 25, 2020 1:38 pm If you use signaturemedallion.com, please consider updating your post about your experience as it is an interesting solution to an issue (the inability to obtain medallion guarantees) that often gets posted here.
Yes, we have initiated the process. Will definitely report back.
by JaneyLH
Tue Feb 25, 2020 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

Isn't that the point of filing the POA with the court? I would have thought the lawyer would do that for you after creating it. In my state there is no requirement to file a durable power-of-attorney with any court. It is effective as soon as it is properly executed. Same thing in FIL's state -- no...
by JaneyLH
Tue Feb 25, 2020 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

Is there a local office for Fidelity, Schwab or another brokerage firm near FIL that you and FIL can go to in person? If FIL transfers the IRA to the new brokerage, the receiving brokerage will be happy to provide the medallion guarantees necessary for the Transfer of Account and POA/Agent Authoriz...
by JaneyLH
Tue Feb 25, 2020 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

FWIW, Vanguard will accept an "outside POA" ONE time, or so I was told about a year ago. After a transaction is done, another POA would be required for subsequent activities. Instead, I am just going to set up my oldest daughter with agent status for our accounts at Vanguard, so the POA w...
by JaneyLH
Tue Feb 25, 2020 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

I had similar headaches with signature guarantees as executor my late mother's estate. Having failed to find any local providers of signature guarantees, I had a very positive experience with esignatureguarantee.com. They were expensive (a few hundred bucks per guarantee) but provided timely servic...
by JaneyLH
Mon Feb 24, 2020 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

I feel your pain. I have heard a similar statement from Wells Fargo: it seems their policy is to only provide a Medallion Signature stamp if it will bring in outside funds to them. Do you have any funds at Fidelity? Fidelity provides Medallion Signatures. If not them, any other institution with loc...
by JaneyLH
Mon Feb 24, 2020 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

You said that Wells "will provide medallion guarantees for certain transactions". Would they provide one if you move the IRA to Wells (perhaps WellsTrade)? (Why you would want to keep the account at DWS if they won't modify their policies and you don't want to pursue legal action to force...
by JaneyLH
Mon Feb 24, 2020 12:48 am
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

Second, only one transaction could be completed per form; then another form would need to be used, and again, completed within 30 days of use.

RM
[/quote]

This is exactly what the DWS process entails. Not in the spirit if what a POA is supposed to do.
by JaneyLH
Sun Feb 23, 2020 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

This might be off-topic, but if we’re talking about a Traditional IRA, how are the distributions being made? Maybe the amount withdrawn or frequency could be increased easier than getting a Medallion guarantee. And if the assisted living is medically necessary (ie, you have it in writing from a doc...
by JaneyLH
Sun Feb 23, 2020 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement expenses vs pre-retirement expenses?
Replies: 28
Views: 3078

Re: Retirement expenses vs pre-retirement expenses?

We bought our house with cash 15 years ago, so no major change in housing costs. With Medicare, we are adding Part B coverage so our insurance costs have gone up (since we are also keeping our private insurance through the Federal Government) but that could lower overall medical costs over time sinc...
by JaneyLH
Sun Feb 23, 2020 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

My husband is POA for his 96 year-old father who has mild dementia ... We are Flagship customers with Vanguard, so we reached out to our representative (a new one we never dealt with before, but still assigned to us) and explained the situation. She said she would be our advocate and reach out to t...
by JaneyLH
Sun Feb 23, 2020 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

I consolidated my parents accounts all with Fidelity some years ago. I filled out all the Fidelity forms, then when my sister was in town we all went to Fidelity Investiment Center (which provides gold medallion) for a signing party. Now my sister and I have full POA, check writing, trade authorori...
by JaneyLH
Sun Feb 23, 2020 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

... 5) "Just a thought - maybe it would be easier to transfer to TD Bank if they already accept your husbands POA." Brilliant idea! :idea: :idea: :idea: But let's substitute Vanguard. ... I suggested TD (Bank or Ameritrade) thinking it might help to be able to walk in to an office, but if...
by JaneyLH
Sun Feb 23, 2020 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

If you can find a local bank or credit union for the signature guarantee, note that you will probably have to have an account with that financial institution for a minimum period of time (60 days was quoted to me) before the signature guarantee will be given. A Wells Fargo branch representative onc...
by JaneyLH
Sun Feb 23, 2020 11:36 am
Forum: Personal Finance (Not Investing)
Topic: International Travel Medical Insurance
Replies: 13
Views: 899

Re: International Travel Medical Insurance

The Chase Sapphire Reserve credit card is an excellent value for travelers. One benefit is up to $100,000 coverage for medical emergency transport. It also will pay up to $2,500 for medical charges not reimbursed by other insurance. I have also been reimbursed twice for trip interruptions requiring ...
by JaneyLH
Sat Feb 22, 2020 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

Have you called around to ALL local banks and ask them if they would be willing to do a medallion guarantee? It is rare but you may just find one. No, I have to admit I haven't done that. Extremely long shot they would offer to provide this apparently high-risk service to a non-customer if major ba...
by JaneyLH
Sat Feb 22, 2020 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

Some updates based on questions/feedback: 1) FIL is mentally incapacitated and we have written doctor's statement indicating he is incapable of signing legal documents or handling his own financial affairs. We had to obtain this statement to satisfy at least one of the other banks. So, I would think...
by JaneyLH
Sat Feb 22, 2020 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Re: Catch 22 with Gold Medallion Requirement for Exercising POA for Father

I had a similar issue with a brokerage when my step-mom passed; they refused to transfer anything without a medallion signature. I looked up the CEO's name online and sent a short letter to the CEO* explaining that his bank's internal policies have created an unreasonable barrier to accessing accou...
by JaneyLH
Sat Feb 22, 2020 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Catch 22 with Gold Medallion Requirement for Exercising POA for Father
Replies: 56
Views: 3845

Catch 22 with Gold Medallion Requirement for Exercising POA for Father

Stuck in limbo! My husband is POA for his 96 year-old father who has mild dementia and lives in very nice (and expensive) assisted living at the top care level. He picked out this facility 6 years ago and is comfortable there so we want to make certain he can remain. We have access to father's accou...
by JaneyLH
Sat Feb 22, 2020 11:33 am
Forum: Personal Consumer Issues
Topic: Sites for last minute deals
Replies: 8
Views: 1262

Re: Sites for last minute deals

retire14 wrote: Mon Feb 17, 2020 12:25 pm Thinking about going to some place warm (Caribbean) Some time in March. What sites are good for last minute deals? Thanks.
Saw a news segment about coronavirus and cruising on CBS -- TV doc said if you want to take a cruise now, go to the Caribbean! :wink:
by JaneyLH
Sat Feb 22, 2020 11:32 am
Forum: Personal Consumer Issues
Topic: Sites for last minute deals
Replies: 8
Views: 1262

Re: Sites for last minute deals

Just returned from a Northern Lights cruise in Norway that went to the Arctic Circle. Probably too cold for bugs to get a foothold in that boat! But leaving in 2 weeks for an Australian cruise followed by 3 weeks driving vacation in New Zealand. Not afraid enough to cancel the trip, but will be extr...
by JaneyLH
Fri Jan 17, 2020 12:31 am
Forum: Personal Consumer Issues
Topic: Websites for last minute travel deals.
Replies: 8
Views: 1324

Re: Websites for last minute travel deals.

+1 Vacationstogo.com
by JaneyLH
Sat Dec 28, 2019 7:23 pm
Forum: Personal Investments
Topic: Flagship Services Dissapointment !
Replies: 72
Views: 7924

Re: Flagship Services Dissapointment !

Vanguard’s designation for clients with more than $5 million invested is “Flagship Select”, complete with dedicated representative. I am not yet at this level, but continue to have a dedicated rep — I wonder if they have made a strategic decision to phase in the lack of personal rep beginning with ...
by JaneyLH
Thu Dec 26, 2019 11:50 am
Forum: Personal Investments
Topic: Flagship Services Dissapointment !
Replies: 72
Views: 7924

Re: Flagship Services Dissapointment !

Vanguard’s designation for clients with more than $5 million invested is “Flagship Select”, complete with dedicated representative. I am not yet at this level, but continue to have a dedicated rep — I wonder if they have made a strategic decision to phase in the lack of personal rep beginning with t...