Search found 1523 matches

by SimonJester
Sun Mar 11, 2012 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Which fund for an ESA as college years near?
Replies: 2
Views: 272

Which fund for an ESA as college years near?

My kids have a 529 and an ESA, the 529 is an age based option with a state using Vanguard that will get more conservative as college nears. Their ESA is in Vanguard's Star Fund. The oldest is 12 now and will be 19 or so when attending college... So my question is which fund would you move the Star t...
by SimonJester
Thu Mar 08, 2012 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Automatic investing question...
Replies: 2
Views: 585

Vanguard Automatic investing question...

If you setup an automatic investment for a Roth IRA can you specify it to fill up prior years tax space before moving onto the next year? For example if you have $1000 of tax space left in your Roth for 2011, would automatic investments after December 31st 2011 go into 2012 leaving the $1000 availab...
by SimonJester
Sun Mar 04, 2012 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Is anyone not depending on social security when they retire?
Replies: 93
Views: 6379

Re: Is anyone not depending on social security when they ret

I will not get social security.

Per the Social Security : SUMMARY OF THE 2011 ANNUAL REPORTS Social Security and Medicare Boards of Trustees
Year the OASI trust funds are exhausted: 2038
by SimonJester
Fri Mar 02, 2012 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Bank's deposit account rules
Replies: 8
Views: 1423

Re: Bank's deposit account rules

No reason not to name the bank - it's First Niagara. When I see this bank name in online forums, at first my brain / eyes play tricks on me and I read it as First Nigerian... Then I think man who would put their money in the First Nigerian Bank, sort of thinking about all the Nigerian money scams.....
by SimonJester
Sat Feb 25, 2012 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Is budgeting necessary if you live a simple and frugal life?
Replies: 100
Views: 6925

Re: Is budgeting necessary if you live a simple and frugal l

The difference between having a budget and no budget (ie budget by economic scarcity); without a budget you get to find out what happened to your money last month, with a budget you get to tell your money what you want it to do FOR YOU this month. Like many on this thread we budgeted via the economi...
by SimonJester
Thu Feb 23, 2012 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA for kids
Replies: 66
Views: 5961

Re: Roth IRA for kids

Another thing to consider your adult child could claim identity theft against you for user their SSN to open bank accounts. The best thing to do would be to save / invest in your own name /ssn and be in a position to GIVE (not lend) money in the future, and then only do so if it would not be enablin...
by SimonJester
Mon Feb 13, 2012 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Where to put money: business loan, student loan, or mortgage
Replies: 33
Views: 2145

Re: Where to put money: business loan, student loan, or mort

You can walk away from your house You can declare bankrupty on your practice You can never walk away from the student loans and you can never bankrupt them Pay off the student loans. My initial instinct is in agreement with you. However, doesn't the presence of the personal guarantee on the busines...
by SimonJester
Wed Feb 08, 2012 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Seller Contract for Deed Question
Replies: 7
Views: 824

Re: Seller Contract for Deed Question

You would be taking on risk the banks are not willing to. Keep in mind the banks barrow money at next to nothing and are made whole (or sort of close to whole) by Freddie, Fannie, FHA / VA or PMI in a default. Who makes you whole when the buyer defaults? Look for another buyer...
by SimonJester
Sun Feb 05, 2012 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: I-bonds for Minor
Replies: 12
Views: 1287

Re: I-bonds for Minor

I admit freely that my goal is to use my daughter's SSN in order to increase the amount I can contribute to i-bonds for the year. I view this as fraud, if I were on a jury in such a case I would convict... By using your daughter's SSN you are giving the money to her, by taking it later on you are s...
by SimonJester
Tue Jan 31, 2012 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Share Your Money-Saving "Secrets" Here
Replies: 110
Views: 11775

Re: Share Your Money-Saving "Secrets" Here

After reading about it on another bogglehead posting, I stopped using deodorant and only shower every three days....

:mrgreen:


Just kidding....
by SimonJester
Thu Jan 26, 2012 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Is dropping family member from auto ins. a good idea?
Replies: 15
Views: 1153

Re: Is dropping family member from auto ins. a good idea?

I agree with others, I would not remove him from my own policies, just in case he joy rides you vehicle. However he would no longer have driving privileges until he is 18 and then only with his own insurance and own owned and registered vehicle. Speeding ticket was strike one, this accident was stri...
by SimonJester
Sat Jan 21, 2012 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Credit monitoring service
Replies: 12
Views: 1594

Re: Credit monitoring service

my credit report for an out of state robo ticket I never received. Wow really, they can do that? Were you served or was it one of those snap shot picture taking speeding tickets? Can you open a bank account or brokerage account while a freeze is on your credit? Technically they aren't offering you ...
by SimonJester
Thu Jan 19, 2012 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Credit monitoring service
Replies: 12
Views: 1594

Re: Credit monitoring service

I think freezing your credit reports is a much better way to go.
by SimonJester
Wed Jan 18, 2012 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: How to send financial data to an adult child in case of a ca
Replies: 27
Views: 2547

Re: How to send financial data to an adult child in case of

Been through this with a couple of family members, I don't see the need to continue phone service after you die, you are not going to be making any phone calls. So who cares if you the phone bill comes or not, the phone company can submit a claim against your estate. Believe me its not going to be t...
by SimonJester
Wed Jan 18, 2012 12:44 am
Forum: Personal Finance (Not Investing)
Topic: FSA Reimbursement and Dental Insurance Question
Replies: 3
Views: 524

Re: FSA Reimbursement and Dental Insurance Question

Check with your FSA plan administrator but I think the FSA debit card is only for use at a point of sale pharmacies for FSA approved items only. The debit card will reject items not approved for the FSA, so if you walked upto the grocery store pharmacy with a gallon of milk and your prescription to ...
by SimonJester
Mon Jan 16, 2012 12:31 pm
Forum: Personal Consumer Issues
Topic: New roof (Update: Code Failure, who should pay?)
Replies: 49
Views: 3572

Re: New roof ... is this acceptable?

I cant tell if there is a gutter below but you need kick-out flashing for it, that last piece of step flashing is open and not done correctly IMO. I would ask that they fix it before final payment.
by SimonJester
Mon Jan 16, 2012 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Home Inspection
Replies: 18
Views: 3648

Re: Home Inspection

A good web forum to read about home inspections, International Association of Certified Home inspectors :
http://www.nachi.org/ Its a web forum Home inspectors go to ask question, blow off steam and so forth
Lots of good information for the by-standards
by SimonJester
Mon Jan 16, 2012 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Help explain pre-paid phone vs a contract
Replies: 52
Views: 5706

Re: Help explain pre-paid phone vs a contract

In the era of smart phones, contracts are typically combined with a phone subsidy. For example, I recently bought four 64GB iPhone 4s phones for $399 each (plus a $99 for AppleCare+ for each to insure against damage). Without the subsidy the phones would have cost me $849 each ($948 with AppleCare+...
by SimonJester
Mon Jan 16, 2012 10:06 am
Forum: Personal Finance (Not Investing)
Topic: In Escrow to purchase house with bad roof, now what?
Replies: 10
Views: 1493

Re: In Escrow to purchase house with bad roof, now what?

Check with a structural engineer, they would be the best person to advise you in this situation. But from your home inspection post you said you did bring in a structural engineer, if he was the one to find the issue with the current roof structure he should have provided a suggestion to fix it and ...
by SimonJester
Sun Jan 08, 2012 12:07 pm
Forum: Personal Consumer Issues
Topic: Quesitons about Hi E Washers--Whirlpool
Replies: 28
Views: 2375

Re: Quesitons about Hi E Washers--Whirlpool

Cleaning clothing requires three things; water, soap, and agitation. Remove and or reduce these three items and you will reduce the effectiveness of washing system. The more electronics / computer boards inside the machine the most costly the repairs will be and more likelihood it will breakdown. Th...
by SimonJester
Fri Jan 06, 2012 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: 12 month 0% APR credit cards - Float the entire time?
Replies: 11
Views: 1456

Re: 12 month 0% APR credit cards - Float the entire time?

What happens if you go over the 12 months by 1 minute on that balance, do they retroactively charge you 29.99% interest for the full 12 months? Or do you just get hit with one month interest? How about annual fees? Like to see the fine print...
by SimonJester
Tue Jan 03, 2012 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: How does the Pension Guarantee work?
Replies: 14
Views: 1359

Re: How does the Pension Guarantee work?

So is it better then to take a lump sump assuming you don't need the pension to live off of?
by SimonJester
Sun Jan 01, 2012 5:28 pm
Forum: Personal Consumer Issues
Topic: Should I sell my truck or keep it?
Replies: 25
Views: 2638

Re: Should I sell my truck or keep it?

Need more info, what other debts do you have / need to pay off? If you do not need the money my vote would be to keep the trunk drive it when you need to haul something and continue to drive the Honda and Corolla until they die. You should get MANY more years out of both of those if you maintain the...
by SimonJester
Thu Dec 29, 2011 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Cash - do you keep a stash on hand?
Replies: 83
Views: 8632

Re: Cash - do you keep a stash on hand?

Just keep in mind most home owners insurance policies have a $250 limit on cash this limit also applies to gold & silver coins / bullion...
by SimonJester
Wed Dec 28, 2011 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Debt Payoff / Emergency Fund Question
Replies: 19
Views: 1652

Re: Debt Payoff / Emergency Fund Question

Bob's not my name wrote:
ray.james wrote:Sigh! I don't understand IRS.
The IRS doesn't make tax law. Congress does.

Tax lawyers write the laws, and congress passes them after pumping them up with pork. Remember they have to pass the law before they can read whats in it... :lol
by SimonJester
Sat Dec 24, 2011 12:21 pm
Forum: Personal Consumer Issues
Topic: My Christmas present to the Bogleheads . .
Replies: 65
Views: 6245

Re: My Christmas present to the Bogleheads . .

To you, the entire 101st, all the men and women who served, and serve today, to those who gave the ultimate sacrifice, our thanks we owe, our freedom, a debt I don't think we can ever truly repay. From the free world, Thank You and God bless!
by SimonJester
Thu Dec 22, 2011 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Deceased had CC widow did not know of
Replies: 69
Views: 6508

Re: Deceased had CC widow did not know of

tadamsmar, you are taking that second quote out of context. It refers to the probate estate. It is true that the probate estate is responsible for paying someone's debts after they die (assuming the debtor files a claim), but this only applies to assets in the probate estate. Assets that pass outsi...
by SimonJester
Thu Dec 22, 2011 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Deceased had CC widow did not know of
Replies: 69
Views: 6508

Re: Deceased had CC widow did not know of

However several states now have "claw back" laws allowing a creditor to request non-probate assets be pull into an estate in order to satisfy their claim. And of course medicaid will go back 5 years looking for assets..
by SimonJester
Tue Dec 20, 2011 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to buy this home?
Replies: 126
Views: 14627

Re: Can I afford to buy this home?

Some other things to think about, are you married or single. If single are you planning to marry, I suggest waiting a year after marriage to see how far away from your future in-laws you want to be :lol: Seriously as you get older and start to think about kids and or have kids the house might not be...
by SimonJester
Mon Dec 19, 2011 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Deceased had CC widow did not know of
Replies: 69
Views: 6508

Re: Deceased had CC widow did not know of

In many states probate dictates which creditor get what from an estate, and in most unsecured credit cards are way down on the list. In my state houses in joint tenancy, joint bank accounts, life insurance and such are not automatically pulled into an estate. In some states these items are totally e...
by SimonJester
Sun Dec 11, 2011 4:36 pm
Forum: Personal Consumer Issues
Topic: Buying Carpet and Painting
Replies: 32
Views: 3304

Re: Buying Carpet and Painting

Where have bogleheads gone to buy/install carpet and get rooms painted? So far I've looked at Home Depot and Lowe's. Are there any other places I should consider? I'd stay out of the Big box stores, try looking at locally owned carpet dealers. I painter before the carpet was installed so I didn't h...
by SimonJester
Wed Dec 07, 2011 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: inheritance & what to do with it???
Replies: 11
Views: 985

Re: inheritance & what to do with it???

market timer wrote:I'd pay off all of those debts immediately and use the rest to fund an age-appropriate asset allocation.
+1 I'd be debt free mortgage and everything...
by SimonJester
Sun Dec 04, 2011 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Handling inheritance money
Replies: 37
Views: 4464

Re: Handling inheritance money

One suggestion, park the money in a 1 year CD so its locked up and your wife will be further away from the emotional issues surrounding the inheritance. Give things a year to settle down and re evaluate the situation.
by SimonJester
Sun Dec 04, 2011 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Copper Pennies
Replies: 36
Views: 3004

Re: Investing in Copper Pennies

Unit Price $4962.00
Buy Back Price Per Unit: $4764.00
Lots of IFs in this equation looks like a loss to me...
by SimonJester
Wed Nov 30, 2011 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: How much do you contribute for 529
Replies: 73
Views: 5134

Re: How much do you contribute for 529

$150 to the 529 and $150 to the ESA for each Kid. 2 Kids 10 & 12.
Plan to double that next year with more going to the 529 due to the ESA limit.
by SimonJester
Sun Nov 27, 2011 8:06 pm
Forum: Personal Consumer Issues
Topic: Are fake Christmas trees toxic?
Replies: 28
Views: 2501

Re: Are fake Christmas trees toxic?

Opponent Process wrote: yes but every time a gas is emitted, an angel gets his wings.

Would this apply to say any type of gas emitted from any source? If so I have created about 10 billion angle wings, going to let the family know I'm not just stinking up the joint but making angle wings. :lol
by SimonJester
Wed Nov 23, 2011 6:32 pm
Forum: Personal Consumer Issues
Topic: Ethics poll--"Sell you a new Lincoln for a quarter"
Replies: 49
Views: 5530

Re: Ethics poll--"Sell you a new Lincoln for a quarter"

Last year at my kids day care a younger kid (1st grader) traded an older kid (4th grade) a one hundred dollar bill for some gummy candies. The transaction was discovered when the older kid started bragging about the new one hundred dollar bill he just got. As it turns out the younger kid had stolen ...
by SimonJester
Tue Nov 22, 2011 1:48 am
Forum: Investing - Help with Personal Investments
Topic: Keeping cash on person
Replies: 48
Views: 4330

Re: Keeping cash on person

The fed can print as much money as it needs, so FDIC will just be propped up with inflated dollars. So I'm not worried about FDIC issues... Apocalyptic zombies and collapse of the government are great for Hollywood... Now take the 2003 power outage or Katrina, here is where cash was king. You will n...
by SimonJester
Tue Nov 22, 2011 1:07 am
Forum: Personal Consumer Issues
Topic: Best Way To Roast A Turkey
Replies: 30
Views: 3791

Re: Best Way To Roast A Turkey

I second the Alton Brown method, we have done this for the past 5 or so years, perfect juicy turkey meat every time... I have not yet brined a bird however... So 450 to 500 for 30 minutes to crisp and seal the skin, then shield the breast meat with foil and cook at 325 until a meat thermometer in th...
by SimonJester
Tue Nov 22, 2011 12:54 am
Forum: Personal Consumer Issues
Topic: New Roof?
Replies: 25
Views: 3224

Re: New Roof?

Two things I would consider. 1) Does it still keep the water out? You already said it isn't leaking so that's not a problem. 2) Appearance. Does it look OK, or does it make your house look rundown? I live in an ares that gets a lot of hail each year, our average roof life span is between 6 and 10 y...
by SimonJester
Mon Nov 21, 2011 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Use savings to pay off PMI?
Replies: 9
Views: 1325

Re: Use savings to pay off PMI?

You need to ask your bank if they will take a reappraisal to remove PMI. My bank would NOT take any reappraisal, they would remove PMI only when I reached a balance 78% of the original loan, had been making payments for 5 years without any missed payments. When I did reach the magic number they bung...
by SimonJester
Sun Nov 20, 2011 12:32 pm
Forum: Personal Consumer Issues
Topic: India OK for Immuno-compromised traveler?
Replies: 19
Views: 1612

Re: India OK for Immuno-compromised traveler?

You should discuss this with your health care provider and take their advice...
by SimonJester
Sat Nov 19, 2011 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Use savings to pay off PMI?
Replies: 9
Views: 1325

Re: Use savings to pay off PMI?

"new home downpayment (so I won't be stuck with this PMI again) in the event of major catastrophe." Not sure what that means, are you talking about fire / tornado / earthquake? Insurance should make you whole again for these (perhaps not earthquake I hear quake insurance in Cali is outrageous with t...
by SimonJester
Thu Nov 17, 2011 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: re: bizarre email from Fisher Investments
Replies: 14
Views: 7282

Re: re: bizarre email from Fisher Investments

Hmm something seems odd with the grammar in their email... Its not soo bad that you immediately know its fake
by SimonJester
Thu Nov 17, 2011 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Firt Post- Lump Sum; Pay Stud. Loans or Buy 2 Properties?
Replies: 5
Views: 519

Re: Firt Post- Lump Sum; Pay Stud. Loans or Buy 2 Properties

Pay off the student loans now while you can. You never know what the future holds.. If you purchase investment property with a mortgage what happens if you get a renter who stops paying rent for 3 months or however long it takes to evict. What if they trash the place and you have to sink $10,000 bef...
by SimonJester
Thu Nov 17, 2011 8:42 pm
Forum: Investing - Help with Personal Investments
Topic: Question about death, recycled SS numbers, and ibonds
Replies: 4
Views: 659

Re: Question about death, recycled SS numbers, and ibonds

Easier to just start inserting letters into the mix as well, however I agree some other form of national identification system will take over once SS money runs out...
by SimonJester
Wed Nov 16, 2011 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Is this a good rate for term life insurance from Banner life
Replies: 36
Views: 3144

Re: Is this a good rate for term life insurance from Banner

FYI my 20 Year 500k with Banner (35yo Non smoker) is $23.63 a month or $270 a year
by SimonJester
Fri Nov 11, 2011 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Kids College Fund WWYD?
Replies: 11
Views: 875

Re: Kids College Fund WWYD?

Just some clarifications the 200k was an exaggeration in state 4 year college will run about 60k. Life insurance is in check, 401k and Roths are maxed. You can only contribute 16.5K in a 401k plus another 5K in a roth, financial aid will not apply since we will not go into debt to goto school... I g...
by SimonJester
Fri Nov 11, 2011 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Kids College Fund WWYD?
Replies: 11
Views: 875

Kids College Fund WWYD?

Ok just curious what would you do for College... Some background Kids are 12 and 10, I am saving to send them to in state college my goal is to save up about 50k to 80k each. Currently they have about 8k in our state 529 which is in a Vanguard Age based option Moderate Growth, This will get more con...