Search found 543 matches

by prd1982
Wed Jun 16, 2021 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Pending changes in Estate Tax - Options
Replies: 10
Views: 594

Re: Pending changes in Estate Tax - Options

Before locked, I have 2 comments:

A. Thanks for the great charity work you are doing.

B. Ignore all the tax plans proposed by both sides. Two things I have learned over the years:

1. Raising taxes is hard.
2. Cutting spending is hard.
by prd1982
Wed Jun 16, 2021 8:50 am
Forum: Personal Consumer Issues
Topic: Refrigerator Filters
Replies: 66
Views: 3221

Re: Refrigerator Filters

My problem is that I’m sure Whirlpool is way over-charging for parts. My side-by-side had slots for several more shelves. I bought one small freezer shelf; it cost $100!
by prd1982
Wed Jun 16, 2021 6:51 am
Forum: Personal Consumer Issues
Topic: Refrigerator Filters
Replies: 66
Views: 3221

Re: Refrigerator Filters

Thanks for starting this thread. When we got the Whirlpool, I searched for a bypass, and saw that none was available (as CR article says as well). Just searched again, and it appears the water dispenser works fine if you just don’t install a filter. When the current filter needs to be replaced, I w...
by prd1982
Tue Jun 15, 2021 8:15 pm
Forum: Personal Consumer Issues
Topic: Refrigerator Filters
Replies: 66
Views: 3221

Re: Refrigerator Filters

Thanks for starting this thread. When we got the Whirlpool, I searched for a bypass, and saw that none was available (as CR article says as well). Just searched again, and it appears the water dispenser works fine if you just don’t install a filter. When the current filter needs to be replaced, I wi...
by prd1982
Tue Jun 15, 2021 4:54 pm
Forum: Personal Consumer Issues
Topic: Refrigerator Filters
Replies: 66
Views: 3221

Re: Refrigerator Filters

We went with the generics for a Whirlpool. Our water is good to begin with, so we figured the generics should do ok. Of course, we are counting on them being safe, even if not effective.
by prd1982
Tue Jun 15, 2021 10:58 am
Forum: Personal Consumer Issues
Topic: TV Cord Cutter Advice
Replies: 19
Views: 1151

Re: TV Cord Cutter Advice

You might want to try this site to see what channels you are likely to get https://www.fcc.gov/media/engineering/dtvmaps
by prd1982
Sun Jun 13, 2021 11:22 am
Forum: Investing - Theory, News & General
Topic: Question about how/why the super-rich pay so little in tax
Replies: 29
Views: 2194

Re: Question about how/why the super-rich pay so little in tax

I think all these articles on this topic ignore that the combination of government and charity gets half to all of such fortunes when they die due to the estate tax. Buffett points out that letting him accumulate during this lifetime will net society way more than if he did big charity while alive....
by prd1982
Sat Jun 12, 2021 9:01 am
Forum: Personal Consumer Issues
Topic: Portable / Window AC
Replies: 20
Views: 1431

Re: Portable / Window AC

I know you mentioned that you only need for a couple of weeks. You might check with a place like Rent-a-Center. Of course their rent rates will be high. And it assumes the work really is completed in a couple of weeks.
by prd1982
Sat Jun 12, 2021 5:59 am
Forum: Personal Consumer Issues
Topic: Portable / Window AC
Replies: 20
Views: 1431

Re: Portable / Window AC

Consumer reports doesn’t think much of portable units.

https://www.consumerreports.org/portab ... f-hot-air/
by prd1982
Fri Jun 11, 2021 9:31 am
Forum: Personal Consumer Issues
Topic: Experience with robotic lawn mower
Replies: 24
Views: 2323

Re: Experience with robotic lawn mower

An idea I came across yesterday is a wildflower alternative lawn. I was shopping for wildflower seeds and this was one of the mixes they had. It is supposedly lower maintenance than a traditional lawn (needs to be mowed only once a season.) I haven’t tried this, but did try a wildflower garden. Be ...
by prd1982
Thu Jun 10, 2021 10:34 am
Forum: Investing - Theory, News & General
Topic: Assuming inflation increases and rates climb (or are expected to) will bond funds appreciate in value?
Replies: 79
Views: 6739

Re: Assuming inflation increases and rates climb (or are expected to) will bond funds appreciate in value?

That could happen, yes. But then a fall in rates could increase your gains. If you are wanting to make a decision for this year, for example, it is not a given that holding rather than selling now will be a better decision. Thanks everyone for the possible effects of rising interest rates on NAV. I...
by prd1982
Thu Jun 10, 2021 9:35 am
Forum: Personal Consumer Issues
Topic: Experience with robotic lawn mower
Replies: 24
Views: 2323

Re: Experience with robotic lawn mower

I read an article several years ago that said robotic lawn mowers were more popular in Europe because lawn services cost more in Europe.
by prd1982
Thu Jun 10, 2021 9:30 am
Forum: Investing - Theory, News & General
Topic: Assuming inflation increases and rates climb (or are expected to) will bond funds appreciate in value?
Replies: 79
Views: 6739

Re: Assuming inflation increases and rates climb (or are expected to) will bond funds appreciate in value?

Focussing on bond fund prices is a mistake. I wasn't. As I said, I understood that total return is what counts. I have some bonds in taxable that have a small gain. I would like to sell them, and buy bonds in my IRA. I realize that the taxes on the gains would not be huge. But I was curious if a ri...
by prd1982
Thu Jun 10, 2021 9:03 am
Forum: Investing - Theory, News & General
Topic: Assuming inflation increases and rates climb (or are expected to) will bond funds appreciate in value?
Replies: 79
Views: 6739

Re: Assuming inflation increases and rates climb (or are expected to) will bond funds appreciate in value?

What is often missed is that the "interest rates up, bonds down" relationship is a short-term relationship. Long-term, of course higher interest rates are better for the investor, just as intuition suggests. The bond fund's duration is the approximate breakeven point. I'm assuming this re...
by prd1982
Wed Jun 09, 2021 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Fin. Advisor sold without asking?
Replies: 12
Views: 1918

Re: Fin. Advisor sold without asking?

Assuming there wasn’t a back-end sell fee, I don’t see how the advisor benefited from the work they did.

I’m guessing the RMD was taken from all the new accounts to ensure the RMD for the year was satisfied. I wouldn’t be surprised if this wasn’t requested by the executor.
by prd1982
Sun Jun 06, 2021 3:12 pm
Forum: Investing - Theory, News & General
Topic: "AMC Drama Is Exposing Risks in $11 Trillion World of Indexing"
Replies: 67
Views: 8706

Re: "AMC Drama Is Exposing Risks in $11 Trillion World of Indexing"

Couldn’t the title be: AMC Drama is exposing risks in hedge fund strategy of concentrated shorting the stocks of small & medium sized companies?
by prd1982
Sun Jun 06, 2021 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Charity - good ideas
Replies: 32
Views: 1419

Re: Charity - good ideas

The great part about this thread is that the discussion is WHERE, NOT IF to give.
by prd1982
Sun Jun 06, 2021 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Data Breach -> Title Insurance company sent my SSN and Bank account details to a wrong email
Replies: 20
Views: 1936

Re: Data Breach -> Title Insurance company sent my SSN and Bank account details to a wrong email

I would not be worried at all. Most people are honest, or at least afraid of getting caught. I suspect the likelihood of sending the email to a thief is very small.
by prd1982
Sun Jun 06, 2021 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Charity - good ideas
Replies: 32
Views: 1419

Re: Charity - good ideas

I don't donate to big organizations that pay their CEOs a million a year or that have long standing bad reputations (I'm looking at you, the Red Cross or the Komen Breast Cancer Foundation.) I believe the Red Cross has cleaned up their act. As to large salaries (700k for Red Cross), I don’t think y...
by prd1982
Sun Jun 06, 2021 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Charity - good ideas
Replies: 32
Views: 1419

Re: Charity - good ideas

Given your feelings, I would suggest two: 1. Non-flagship colleges which serve a lot of kids who are the first in the family to go to higher education. They don’t have large endowments like Yale and Harvard. Many are public institutions, and their funding has been cut or at least is not growing. 2. ...
by prd1982
Fri Jun 04, 2021 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Underestimated IRMAA
Replies: 53
Views: 5527

Re: Underestimated IRRMA

No need to contact them. IRMAA is based on your tax return from 2 years ago. So it will be 2 years behind in charging you IRMAA. Also, if your income drops because of reduced passive income, IRMAA will continue for 2 years. If your income drops because you lose your job (and other reasons), you can ...
by prd1982
Fri Jun 04, 2021 2:22 pm
Forum: Personal Consumer Issues
Topic: Are we (individuals) at risk for ransomware attack?
Replies: 37
Views: 3741

Re: Are we (individuals) at risk for ransomware attack?

To me, the threat of a ransomware attack is no different than the possibility of a total hardware failure, house fire, or other catastrophic event. I disagree. Two big differences: A. It can corrupt your offsite backup. B. Although I haven’t had to recovery, I suspect recovering good copies while n...
by prd1982
Thu Jun 03, 2021 6:08 pm
Forum: Personal Consumer Issues
Topic: What exactly is the selling point of "pre-paid" cellular/mobile plans?
Replies: 117
Views: 8965

Re: What exactly is the selling point of "pre-paid" cellular/mobile plans?

Is "pre-paid" simply a subscription for people who are deadbeats when it comes to credit? I wouldn't put it in quite those terms, but I think this is basically it. It costs time and money to chase down non-payers, most companies will allow you to go some time before cutting off service (n...
by prd1982
Wed Jun 02, 2021 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Washington State Long Term Care Trust Act - 0.58% payroll tax - $36,500 lifetime maximum benefit
Replies: 530
Views: 43256

Re: Washington State Long Term Care Trust Act - 0.58% payroll tax - $36,500 lifetime maximum benefit

As an agent I can refuse an applicant based upon subjective reasons or objective reasons. #BeNiceToYourInsuranceAgent Wow. And this why the insurance industry has the reputation that it does. #BeNiceToYourCustomers Why, in this case. If you get a job offer at 500K/yr, but then find out they plan to...
by prd1982
Tue Jun 01, 2021 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Issue with a parent's former CPA
Replies: 25
Views: 2901

Re: Issue with a parent's former CPA

Didn’t the IRS letter give you the amount they owe, including penalty & interest? If so, I would pay that ASAP, and deal with the CPA and filing a corrected return afterwards. If you pay state income taxes, you will need to handle that as soon as you can. You might consider getting H&R or TT...
by prd1982
Sun May 30, 2021 7:36 am
Forum: Personal Consumer Issues
Topic: securing financial data on phone
Replies: 39
Views: 2485

Re: securing financial data on phone

Trader Joe wrote: Sat May 29, 2021 10:31 pm
Also, I would never, ever give any of my passwords to any stranger - for anything.
Sorry, but that is the wrong answer. I would agree to “not willingly give”. But I value my health & life more, and I hope my heirs agree.
by prd1982
Thu May 27, 2021 11:11 am
Forum: Personal Consumer Issues
Topic: Yubikey only at Vanguard now possible.
Replies: 38
Views: 3732

Re: Yubikey only at Vanguard now possible.

Does anyone know if Quicken downloads work with Yubikey enabled? I saw the question asked several times, but no answer. Thanks
by prd1982
Thu May 27, 2021 9:34 am
Forum: Personal Finance (Not Investing)
Topic: best way to deduct "bags of clothes"
Replies: 24
Views: 1711

Re: best way to deduct "bags of clothes"

I would personally not try to deduct. You can only deduct what you would be able to sell it for. Around here, Goodwill really doesn’t want most clothing. Where are you planning to donate?
by prd1982
Wed May 26, 2021 7:32 pm
Forum: Personal Investments
Topic: Comparing VTI and VTSAX expense ratio over long periods
Replies: 86
Views: 7767

Re: Comparing VTI and VTSAX expense ratio over long periods

Well most of us don’t start with 1M with 60 years left to invest. We also don’t do a 1-time investment; we do it periodically. One might look at a 1-time rollover of 1M from a 401K to an IRA. But then there would be RMD withdrawals to account for. Finally, I’m assuming inflation will make that diffe...
by prd1982
Mon May 24, 2021 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Bind On-demand Health Plan Any Opinion
Replies: 2
Views: 211

Re: Bind On-demand Health Plan Any Opinion

I'd suggest reading https://khn.org/news/new-health-plans-expose-the-insured-to-more-risk/ . It looks like Bind is between short-term plans and ACA-compliant plans. I gather Bind might be technically ACA-compliant, but the consumer really doesn't have a cap. Note that I could not find anything on th...
by prd1982
Sun May 23, 2021 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: who is skipping medigap?
Replies: 8
Views: 1041

Re: who is skipping medigap?

Sorry but you are asking the wrong question. No one could say they did fine without a Medigap policy. That’s because they are still alive and continue to run the risk of a catastrophic illness that bankrupts them. I believe the question you should ask if people would be willing to share the cost of ...
by prd1982
Fri May 21, 2021 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Washington State Long Term Care Trust Act - 0.58% payroll tax - $36,500 lifetime maximum benefit
Replies: 530
Views: 43256

Re: Washington State Long Term Care Trust Act - 0.58% payroll tax - $36,500 lifetime maximum benefit

Given that you will be able to drop coverage within a couple of months, why would any LTCi company or salesperson write a policy on a WA resident before the cutoff date? I’m sure the company would lose money. Why do you think you can drop coverage within a couple of months without consequence? I th...
by prd1982
Fri May 21, 2021 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Washington State Long Term Care Trust Act - 0.58% payroll tax - $36,500 lifetime maximum benefit
Replies: 530
Views: 43256

Re: Washington State Long Term Care Trust Act - 0.58% payroll tax - $36,500 lifetime maximum benefit

Given that you will be able to drop coverage within a couple of months, why would any LTCi company or salesperson write a policy on a WA resident before the cutoff date? I’m sure the company would lose money. Why do you think you can drop coverage within a couple of months without consequence? I th...
by prd1982
Fri May 21, 2021 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Washington State Long Term Care Trust Act - 0.58% payroll tax - $36,500 lifetime maximum benefit
Replies: 530
Views: 43256

Re: Washington State Long Term Care Trust Act - 0.58% payroll tax - $36,500 lifetime maximum benefit

Given that you will be able to drop coverage within a couple of months, why would any LTCi company or salesperson write a policy on a WA resident before the cutoff date? I’m sure the company would lose money.
by prd1982
Thu May 20, 2021 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Is there any value in a brick and mortar banking relationship in the year 2021 and beyond?
Replies: 54
Views: 3183

Re: Is there any value in a brick and mortar banking relationship in the year 2021 and beyond?

I would look at near by credit unions.

I can’t figure out why I would use an online bank these days. If the better interest rate makes a difference, I think you are holding too much cash.
by prd1982
Thu May 20, 2021 3:48 pm
Forum: Personal Investments
Topic: Fidelity Planner Unsolicited Calls
Replies: 22
Views: 1624

Re: Fidelity Planner Unsolicited Calls

I’m amazed that people are upset at a single call (or 2) from a company they do business with. If you don’t need their assistance, politely say so and wish them a good day. Given all the spam robo calls I get, I’m thrilled when I get a call from a real salesperson.
by prd1982
Wed May 19, 2021 4:05 pm
Forum: Forum Issues and Administration
Topic: Searching for Lost Contributors
Replies: 42
Views: 5438

Re: Searching for Lost Contributors

Was wondering the same thing. I learned so much from Hedgefundie, I was sad to see him go. Yep. It was a very interesting exercise, and he made it clear this was not his basic retirement savings; it was his side money to retire really wealthy. I sure wish someone would do yearly updates on how his ...
by prd1982
Tue May 18, 2021 7:51 pm
Forum: Investing - Theory, News & General
Topic: American Funds vs indexing - data/study?
Replies: 15
Views: 1840

Re: American Funds vs indexing - data/study?

I do want to point out: * the load depends on how much you invest in American Funds. So if you invest 1-million, there is no load. * you get a financial advisor / sales person to hopefully help you. I think the advisor I had was as helpful as PAS. We stuck with only AF, so I don’t think he made any ...
by prd1982
Mon May 17, 2021 3:50 pm
Forum: Personal Investments
Topic: Paper Checks
Replies: 30
Views: 2194

Re: Paper Checks

Thanks for response. It echos many of my concerns. As Vanguard now requires, QCD checks have to be mailed by USPS to account holder. I expect one day it sill not show up Not showing up isn't a big deal. The thing I worry about the most is not getting the acknowledgement letter from the charity. Wit...
by prd1982
Mon May 17, 2021 3:23 pm
Forum: Personal Investments
Topic: Paper Checks
Replies: 30
Views: 2194

Re: Paper Checks

One percent mis-delivery rate is not acceptable. How hard is it to put mail in the correct box? I sorted mail a couple of summers while in college. It’s harder than you think by the 6th hour of your shift. The good news is that most people put mis-directed 1st class mail back in their box for re-de...
by prd1982
Mon May 17, 2021 3:15 pm
Forum: Personal Investments
Topic: Paper Checks
Replies: 30
Views: 2194

Re: Paper Checks

I'm just wondering how others feel about getting paper checks issued to them thru USPS. I do a QCD from my Vanguard account a few times a year. Checks are payable to the third party I designate and mailed to myself at my address. I always wonder what if the check never shows up in my mailbox to me....
by prd1982
Fri May 14, 2021 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: What specific complaints do you have for your tax software
Replies: 63
Views: 3454

Re: What specific complaints do you have for your tax software

Using H&R Block, if you don't need to file a Schedule D, the "For_Records" PDF doesn't include Schedule D. The problem is that H&R Block uses its Schedule D tax worksheet to calculate your tax if you have capital gains or dividends. Of all the worksheets I want to capture, this is ...
by prd1982
Fri May 14, 2021 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: What specific complaints do you have for your tax software
Replies: 63
Views: 3454

Re: What specific complaints do you have for your tax software

My biggest complaint is that they charge more for a second state than I pay for deluxe plus 1 state.
by prd1982
Thu May 13, 2021 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Washington State Long Term Care Trust Act - 0.58% payroll tax - $36,500 lifetime maximum benefit
Replies: 530
Views: 43256

Re: Washington State Long Term Care Trust Act - 0.58% payroll tax - $36,500 lifetime maximum benefit

Given how fluid the rules seem to be, I would plan on keeping my LTCi for 2 years in case they change the rules retroactively. You may be wasting 2 years of insurance, but the cost of being wrong is very expensive.
by prd1982
Wed May 12, 2021 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Bank error in my favor
Replies: 32
Views: 3184

Re: Bank error in my favor

I have notified them but it makes one wonder about Vanguard's accounting methods. I notified them by internal Vanguard email. Should I do anything else or just wait until the wheels turn? If they had only transferred 1/2 the amount expected, I'm betting you would call them. I'd suggest calling them...
by prd1982
Sun May 09, 2021 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance dilemma
Replies: 37
Views: 2940

Re: Long term care insurance dilemma

This forum has lots of threads with people on both sides of the “Should I buy LTC insurance?” But this thread is “Should I keep my LTC insurance?”. There is no going back to recover the premiums plus the gains from investing in the market over the years. She has paid thru the “unlikely to need” year...
by prd1982
Sun May 09, 2021 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance dilemma
Replies: 37
Views: 2940

Re: Long term care insurance dilemma

Is this the lawsuit in question? http://www.longtermcareinsurancesettlement.com/ https://pro.genworth.com/riiproweb/productinfo/pdf/655402.pdf?utm_source=producer&utm_medium=email&utm_campaign=bulletin&utm_content=weekly_bulletin Do I read the settlement correctly — * The policyholders ...
by prd1982
Sun May 09, 2021 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance dilemma
Replies: 37
Views: 2940

Re: Long term care insurance dilemma

She can afford this increase, of course. But how about the next one. This sums up how I feel. It's one of the many reasons I have so far passed on LTCi. I got a similar notice, minus the lawsuit comment, from Genworth a year ago. It also mentioned a large multi-step increase expected over the next ...
by prd1982
Sun May 09, 2021 6:54 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance dilemma
Replies: 37
Views: 2940

Re: Long term care insurance dilemma

Assuming she could afford the increase without impacting her lifestyle if it happened, I would continue paying. My assumption is that the policy has no max on the total amount or years it would pay out. This adds a lot to the cost and would be very expensive to buy today. I’m pretty sure getting a p...
by prd1982
Thu May 06, 2021 10:54 am
Forum: Personal Investments
Topic: Possible to voluntarily freeze account while away?
Replies: 9
Views: 998

Re: Possible to voluntarily freeze account while away?

I have my accounts set up to not allow disbursements and to not allow web access. I think for Vanguard I had to send them a letter for the disbursements and will have to have a medallion signature to turn it off. Getting a medallion signature may be a real problem. Many financial institutions don’t...