Search found 1223 matches

by jfn111
Fri Apr 04, 2014 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Unexpected dental bill
Replies: 22
Views: 3305

Re: Unexpected dental bill

I had the same problem with a root canal. Insurance covered X and the bill came to a much bigger Y :oops:
I called the insurance company to complain and they said to stick with their in network dentists. I just had an implant done and it worked out very well sticking with their network.
by jfn111
Sun Mar 30, 2014 7:55 pm
Forum: Personal Consumer Issues
Topic: How much to build a small house from scratch?
Replies: 29
Views: 8813

Re: How much to build a small house from scratch?

Most houses I sell average between $75 and $125 per sq foot. Obviously an expensive lot could raise that.
by jfn111
Sun Mar 30, 2014 8:31 am
Forum: Personal Finance (Not Investing)
Topic: New Friends are the Anti-Bogleheads, what to do?
Replies: 93
Views: 11723

Re: New Friends are the Anti-Bogleheads, what to do?

I tried to offer some advice to a friend that took a high 6 figure lump sum instead of a monthly DB payout. The talk didn't go well. :oops:
Now I just shut up and let him buy the beer.
by jfn111
Sun Mar 30, 2014 8:22 am
Forum: Investing - Theory, News & General
Topic: Poll: how did you decide on stock/bond allocation?
Replies: 35
Views: 3835

Re: Poll: how did you decide on stock/bond allocation?

Once I had a year into retirement and realized that we were not going to need anywhere near a 4% withdrawal rate I started getting more conservative and went to a 50/50 AA.
by jfn111
Thu Mar 27, 2014 11:50 am
Forum: Personal Investments
Topic: Anyone overbalance like the Finance Buff?
Replies: 33
Views: 3377

Re: Anyone overbalance like the Finance Buff?

I know it's not very Boglehead but yes I tend to do this. My AA is about 50/50 right know and I'll slowly go to 60/40 during a correction.
by jfn111
Wed Mar 26, 2014 8:24 pm
Forum: Personal Consumer Issues
Topic: those with basements
Replies: 17
Views: 2803

Re: those with basements

Up here in MN the basement is insulated but stays cool in the winter. I have a gas fireplace that I click on and it shoots up to 75F in about 5 minutes. :happy
by jfn111
Wed Mar 26, 2014 11:07 am
Forum: Investing - Theory, News & General
Topic: New Housing Bubble and upcoming cycle peak
Replies: 86
Views: 14470

Re: New Housing Bubble and upcoming cycle peak

My views fro the Mpls./St. Paul market: Inventory is very low. I'm having trouble getting traditional buyers pre-qualified. Banks are being picky and the prospective home buyers are carrying to much Student Loan debt as well as consumer debt. The majority of new housing starts have been for building...
by jfn111
Wed Mar 26, 2014 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Lawyer, Small Claims Court, or ?
Replies: 27
Views: 2348

Re: Lawyer, Small Claims Court, or ?

Is it possible to put up some kind of wooden fence along that side of the property?
by jfn111
Mon Mar 24, 2014 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Do you work part time in retirement?
Replies: 59
Views: 7056

Re: Do you work part time in retirement?

I went and got my Real Estate license after retirement. The extra money is nice but it had more to do with wanting something to do. Since I'm treated as an independent contractor I do write off mileage, cell phone, continuing education classes, printer cartridges, paper, etc.. I decided not to write...
by jfn111
Sat Mar 22, 2014 11:12 am
Forum: Personal Consumer Issues
Topic: Frugality regret: What thing do you regret not spending on?
Replies: 208
Views: 49422

Re: Frugality regret: What thing do you regret not spending

We never took a lot of family vacations when the kids were young. I was always working two jobs and thinking making more money was the end all. :oops: If you could go back in time, what age would the kids be, and where would you go? Do you regret working 2 jobs and not having more time for yourself...
by jfn111
Sat Mar 22, 2014 10:42 am
Forum: Personal Consumer Issues
Topic: Steam Washer
Replies: 2
Views: 454

Re: Steam Washer

Thanks, we kind of felt the same way with the kids grown we didn't really have the stain issues to deal with.
by jfn111
Sat Mar 22, 2014 10:11 am
Forum: Personal Consumer Issues
Topic: Frugality regret: What thing do you regret not spending on?
Replies: 208
Views: 49422

Re: Frugality regret: What thing do you regret not spending

We never took a lot of family vacations when the kids were young. I was always working two jobs and thinking making more money was the end all. :oops:
by jfn111
Sat Mar 22, 2014 10:03 am
Forum: Personal Consumer Issues
Topic: Steam Washer
Replies: 2
Views: 454

Steam Washer

Our washing machine bit the dust and we went to Sears and ordered a new Whirlpool front load washer. They had a washer with a steam cleaning cycle for $150 more. We opted not to get it but have been second guessing ourselves.
Does anyone have one and what are the pros or cons?
by jfn111
Sat Mar 22, 2014 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Leaving Fidelity
Replies: 35
Views: 4220

Re: Leaving Fidelity

I have most of my investments at Fidelity. I receive a call from their PCG group about twice a year offering different services. I don't return the calls. It's nice to know they have help if needed but no one's put a gun to my head forcing me to talk to them.
by jfn111
Sat Mar 22, 2014 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Friend possibly victim of real estate dual agency
Replies: 27
Views: 3933

Re: Friend possibly victim of real estate dual agency

Real estate agents are sleazy - I am shocked! Seriously though - yes, technically this is a violation of their fiduciary duty. But keep in mind that if they are moderately smart, they have someone else in their office represent the buyer. So on paper this other agent is representing the buyer, but ...
by jfn111
Thu Mar 20, 2014 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Friend possibly victim of real estate dual agency
Replies: 27
Views: 3933

Re: Friend possibly victim of real estate dual agency

Real estate agents are sleazy - I am shocked! Seriously though - yes, technically this is a violation of their fiduciary duty. But keep in mind that if they are moderately smart, they have someone else in their office represent the buyer. So on paper this other agent is representing the buyer, but ...
by jfn111
Mon Mar 17, 2014 8:17 pm
Forum: Investing - Theory, News & General
Topic: How much do you make a year in Dividends?
Replies: 72
Views: 10410

Re: How much do you make a year in Dividends?

About $6000 a year in dividends that actually go in my pocket. I held onto some company stock because it pays my property taxes and insurance. I never really look at the rest of the dividends because they are all reinvested.
by jfn111
Tue Mar 11, 2014 7:15 pm
Forum: Personal Consumer Issues
Topic: Purchasing physical gold??
Replies: 71
Views: 13330

Re: Purchasing physical gold??

I buy most of my Gold and Silver at the local coin shows. Most of them have enough vendors to spur some price competition and I can usually buy at or near spot price.
by jfn111
Mon Mar 10, 2014 7:21 pm
Forum: Investing - Theory, News & General
Topic: How did you get through the market crash in 08-09
Replies: 104
Views: 8835

Re: How did you get through the market crash in 08-09

I was just looking at my cumulative spread sheet and in 2008 I was down -1% in my main account and up 8% in 2009. I got out of the market because a gold bug friend was harping on me that everything was in a bubble and to protect myself. Who knew he was going to be right. :shock:
by jfn111
Sun Mar 09, 2014 7:01 am
Forum: Personal Finance (Not Investing)
Topic: House going to auction. Should I make offer?
Replies: 25
Views: 3163

Re: House going to auction. Should I make offer?

Generally I would say let the bank take it back, then negotiate the price with them. If you buy at auction, you take the house as is. Who knows what the current owners have done to the property, now that they are being kicked out of the home. I've seen some real messes left by prior owners. Usually...
by jfn111
Sat Mar 08, 2014 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: House going to auction. Should I make offer?
Replies: 25
Views: 3163

Re: House going to auction. Should I make offer?

Generally I would say let the bank take it back, then negotiate the price with them. If you buy at auction, you take the house as is. Who knows what the current owners have done to the property, now that they are being kicked out of the home. I've seen some real messes left by prior owners. Usually...
by jfn111
Sat Mar 08, 2014 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: House going to auction. Should I make offer?
Replies: 25
Views: 3163

Re: House going to auction. Should I make offer?

Jfn111: Where do you go to find listings of auctions? I searched through the legal notices in the local paper, but could not find any notice of the auction.

Auction.com is the web address for their auctions.
by jfn111
Sat Mar 08, 2014 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: House going to auction. Should I make offer?
Replies: 25
Views: 3163

Re: House going to auction. Should I make offer?

Depends on the type of Auction. I just left an Auction.com property I was showing to a client. This type of Auction isn't highest bidder wins. The high bid becomes an offer and is often rejected. I've seen properties go through the auction up to 5 times before they accept a bid. A good Realtor can u...
by jfn111
Sat Mar 08, 2014 6:52 pm
Forum: Investing - Theory, News & General
Topic: Retirees: About your retirement
Replies: 55
Views: 7403

Re: Retirees: About your retirement

My goal was to retire from Evil Corp when I turned 55. I figured 33 years was enough. I got out of there with a pension and 7 figures in my 401K. I lasted 1 year in retirement and went and got my Real Estate license. I don't have to work very hard and I'm having fun helping people find their dream h...
by jfn111
Fri Mar 07, 2014 7:30 pm
Forum: Investing - Theory, News & General
Topic: Divs & Cap Gains - killing me at taxes
Replies: 8
Views: 1294

Re: Divs & Cap Gains - killing me at taxes

I love getting the dividend checks and I just make quarterly tax payments to eliminate any surprises at the end of the year.
by jfn111
Tue Mar 04, 2014 11:25 am
Forum: Personal Consumer Issues
Topic: [POLL] What do Bogleheads DRINK?
Replies: 71
Views: 6498

Re: [POLL] What do Bogleheads DRINK?

Water
Milk only on cereal
Coffee
More Coffee
Beer
Making my first batch of home made Beer tonight. :sharebeer
by jfn111
Mon Feb 24, 2014 2:11 pm
Forum: Personal Consumer Issues
Topic: Lock change: Best Timing?
Replies: 7
Views: 1166

Re: Lock change: Best Timing?

I would re-key and get one of those key punch lock boxes to hang on or near the front door. The house will be secure and the contractors will use the lock box to access the key.
by jfn111
Wed Feb 19, 2014 8:41 pm
Forum: Personal Investments
Topic: Percentage of assets at Vanguard also active vs index
Replies: 23
Views: 1890

Re: Percentage of assets at Vanguard also active vs index

80% Fidelity
20% Schwab
In my Fidelity account 27% is in Vanguard funds.
by jfn111
Wed Feb 19, 2014 11:03 am
Forum: Personal Consumer Issues
Topic: How did people work out in the past?
Replies: 36
Views: 6062

Re: How did people work out in the past?

My dad was a journalist and rode his bike to work, about 20 miles, when the weather cooperated. He also used to do a lot of swimming at the local lake.
I remember my uncle, born 1901, talking about being a stevedore in the 20's and being in the best shape of his life.
by jfn111
Mon Feb 17, 2014 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Quick W2 Tax question
Replies: 10
Views: 487

Re: Quick W2 Tax question

Thank you all for having me take another look at the taxes. I realized when I downloaded from Schwab I ended up with dividend interest twice. Once from a manual entry and the other from Schwab. Refund just got bigger. :happy
by jfn111
Mon Feb 17, 2014 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Quick W2 Tax question
Replies: 10
Views: 487

Re: Quick W2 Tax question

Misc taxes was on the software recap, not on the 1040. Line 60 shows Taxes from Instructions is checked and UT is the code.
by jfn111
Mon Feb 17, 2014 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Quick W2 Tax question
Replies: 10
Views: 487

Re: Quick W2 Tax question

I had to print out the return and there is $46 on line 60.
by jfn111
Mon Feb 17, 2014 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Quick W2 Tax question
Replies: 10
Views: 487

Re: Quick W2 Tax question

pshonore wrote:You do owe about $45 in uncollected FICA. Does that show up on your return somewhere?
I see $46 dollars in Misc. taxes?
by jfn111
Mon Feb 17, 2014 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Quick W2 Tax question
Replies: 10
Views: 487

Re: Quick W2 Tax question

Thanks
by jfn111
Mon Feb 17, 2014 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Quick W2 Tax question
Replies: 10
Views: 487

Quick W2 Tax question

I got a W2 from my old employer for $593.40. The code C indicates it is for the Life insurance I get as a retiree. H&R Block tax software gives me an error message because no State or Federal taxes were taken out. The Codes on the W2 are: C 593.40 M 36.79 N 8.60 DD 19671.04 Do I just ignore the ...
by jfn111
Sun Feb 16, 2014 6:27 pm
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate
Replies: 91
Views: 11044

Re: Safe Withdrawal Rate

When we retired we planned for a 2.5% withdrawal rate. What we found out is we don't need that much, so far, and are withdrawing less.
by jfn111
Sun Feb 16, 2014 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Do you balance your checking account?
Replies: 114
Views: 8436

Re: Do you balance your checking account?

My wife has always handled the checkbook. She would balance against the monthly statement until I showed her how to do it online. I'm slowly dragging her kicking and screaming into the 21st century.
by jfn111
Sat Feb 15, 2014 7:23 pm
Forum: Investing - Theory, News & General
Topic: Is Inflation Even Possible?
Replies: 4
Views: 963

Re: Is Inflation Even Possible?

Your making a bit of an assumption about wages not rising. I started my career in 1979 and we would get $500 salary bumps every three months to keep up with the rising prices.
Anyone remember the WIN buttons?
by jfn111
Fri Feb 14, 2014 5:15 pm
Forum: Personal Investments
Topic: Getting rid of wife's Target Date fund - questions
Replies: 22
Views: 2821

Re: Getting rid of wife's Target Date fund - questions

LAlearning wrote:
dickenjb wrote:Reread the OP. He is not collecting unemployment, his unemployed wife is.
--MFJ = What's mine is yours....So yes, I will not edit my comment.
--I know they are "entitled" to it, but it is interesting none the less.
Wow :confused
by jfn111
Wed Feb 12, 2014 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Best process for mortgage payoff from Prime acct
Replies: 12
Views: 1338

Re: Best process for mortgage payoff from Prime acct

I paid mine off two years ago. I had the mortgage company send me a payoff amount. I got a cashiers check from my bank and mailed it to them signature required. Piece of cake. 8-)
by jfn111
Sat Feb 08, 2014 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Any experience with owner financing home sale?
Replies: 2
Views: 509

Re: Any experience with owner financing home sale?

What bank is charging him for the short sale debt? The RE Brokerage I'm with does a lot of short sales and I've never seen a bank come after the seller. :confused
by jfn111
Sat Feb 08, 2014 7:28 pm
Forum: Personal Investments
Topic: POLL: May leave VBS. Which brokerage(s) do you invest with?
Replies: 35
Views: 5569

Re: POLL: May leave VBS. Which brokerage(s) do you invest wi

Fidelity has most of my money since I'm trapped there until I turn 59 1/2.
Schwab has the rest but Unless they drop the fees for Vanguard funds I might transfer 1 of my Schwab accounts to Vanguard.
by jfn111
Sat Feb 08, 2014 7:11 pm
Forum: Personal Investments
Topic: What percentage of your anticipated retirement expenses will
Replies: 22
Views: 2078

Re: What percentage of your anticipated retirement expenses

My pension right now covers about 2/3 rds of our expenses. Ages 58 and 57. When we start collecting SS it should cover 90% of our current expenses. If we start traveling more in the winter then maybe not. :shock:
by jfn111
Sat Feb 08, 2014 9:12 am
Forum: Personal Investments
Topic: Schwab or Vanguard
Replies: 56
Views: 7759

Re: Schwab or Vanguard

Question for those that have gotten Schwab to wave Vanguard fees. How big does the account need to be? I have about $240,000 in a roll over account from when my wife retired. Schwab just charged me $75 bucks for a recent purchase. :( My accounts in aggregate are low 7 figures. I was assigned an adv...
by jfn111
Fri Feb 07, 2014 9:41 am
Forum: Personal Investments
Topic: Schwab or Vanguard
Replies: 56
Views: 7759

Re: Schwab or Vanguard

Question for those that have gotten Schwab to wave Vanguard fees.
How big does the account need to be?
I have about $240,000 in a roll over account from when my wife retired. Schwab just charged me $75 bucks for a recent purchase. :(
by jfn111
Tue Feb 04, 2014 9:06 pm
Forum: Personal Consumer Issues
Topic: AT&T Mobile Users: Check your plans
Replies: 75
Views: 13910

Re: AT&T Mobile Users: Check your plans

Sorry if I'm being repetitive but I went through the screens on-line and it's quite a savings. Are you signing up for a two year extension?
by jfn111
Sat Feb 01, 2014 7:47 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Dollar-Cost Averaging
Replies: 101
Views: 19390

Re: The Final, Definitive Thread on Dollar-Cost Averaging

You forgot the 10 posters that will complain about the Larry Swedroe posts requiring they give an e-mail address to read. :oops:
by jfn111
Sat Feb 01, 2014 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple Offers on House: Best and Final Bid Needed Tonight!
Replies: 38
Views: 6417

Re: Multiple Offers on House: Best and Final Bid Needed Toni

Can someone help me - I never understood the reasoning in submitting a bid to buy where the seller pays the closing costs. I've been a seller and If I got an offer like that I'd be inclined to tell them to stick it all things being equal. Just give me a clean offer with no monkeying around. I ain't...
by jfn111
Fri Jan 31, 2014 10:14 pm
Forum: Investing - Theory, News & General
Topic: Joined the "Two Comma Club" Today
Replies: 47
Views: 6100

Re: Joined the "Two Comma Club" Today

Well done, I was also in my early 50's before I hit that milestone. :moneybag