Search found 590 matches

by prd1982
Sun Jul 25, 2021 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Class-action Lawsuit Against a Mutual Fund
Replies: 21
Views: 2153

Re: Class-action Lawsuit Against a Mutual Fund

TRPrice’s SP500 fund has an expense ratio of .19%. But I don’t see that it is illegal. But this is a boutique law firm specializing in this type of activity.
by prd1982
Sat Jul 24, 2021 10:35 am
Forum: Personal Investments
Topic: Employer 401k/457 does not pay dividend or capital gain distributions..
Replies: 12
Views: 675

Re: Employer 401k/457 does not pay dividend or capital gain distributions..

My assumption is that you have a CIT rather than a mutual fund. They are similar but a CIT usually has a lower expense ratio than a MF (a good thing). I’d suggest Searching for what is a CIT. With a standard MF, when there is a dividend, the share price drops by the amount of the dividend, but then ...
by prd1982
Sat Jul 24, 2021 8:20 am
Forum: Investing - Theory, News & General
Topic: Unannounced Change at Vanguard [no Market Alerts for mutual funds]
Replies: 22
Views: 5270

Re: Unannounced Change at Vanguard

I didn't even know this existed, to be candid. Don't even know why it is needed. But, if this is a mutual fund account (not brokerage account), you could be right -- this may be part of their shrinking of bells and whistles on the MF platform to get people to shift to brokerage. I plan to change ou...
by prd1982
Fri Jul 23, 2021 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Apple Pay: value vs. chip credit card
Replies: 69
Views: 4088

Re: Apple Pay: value vs. chip credit card

Does it cost he merchant more when you use Apple/Google Pay vs. the underlying credit card?
by prd1982
Wed Jul 21, 2021 4:33 pm
Forum: Personal Consumer Issues
Topic: Plan to change the way you tip when the minimum wage goes to $15 per hour?
Replies: 17
Views: 1107

Re: Plan to change the way you tip when the minimum wage goes to $15 per hour?

I plan to stop tipping all the waiters I can verify make over 100k. The rest I plan to continue tipping generously.
by prd1982
Tue Jul 20, 2021 7:44 am
Forum: Investing - Theory, News & General
Topic: Covid recession lasted just 2 months, shortest recession in U.S. history
Replies: 19
Views: 2460

Re: Covid recession lasted just 2 months, shortest recession in U.S. history

I’m just hoping we don’t have to change the title to “First COVID recession …”.
by prd1982
Sun Jul 18, 2021 1:54 pm
Forum: Personal Consumer Issues
Topic: Battery Powered Lawn Mowers
Replies: 60
Views: 5931

Re: Battery Powered Lawn Mowers

I don't own one but you're buying into their battery ecosystem. Consider looking at mowers that use the same batteries as any tools you own, or hope to own. I've been looking at a battery mower from Makita for my parents because they currently own a few Makita battery tools. https://www.makitatools...
by prd1982
Sat Jul 17, 2021 1:44 pm
Forum: Personal Investments
Topic: 89 Year Old Parents Have 100% of $ in Stocks
Replies: 44
Views: 6589

Re: 89 Year Old Parents Have 100% of $ in Stocks

I guess I read the OP’s posting as meaning that if they sold the stocks, they would have 8 years worth of expenses. In that case, I would think 20% in stocks would be reasonable.
by prd1982
Fri Jul 16, 2021 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: About to have 1st grand daughter. Please advise
Replies: 30
Views: 3075

Re: About to have 1st grand daughter. Please advise

retire14 wrote: Fri Jul 16, 2021 12:48 pm Any tip and advice besides 529 and Life insurance, etc...TIA.
When you say “Life insurance” do you mean:

* parents’ life insurance: the wage earners should have TERM Life insurance.

* child’s life insurance: NO. Please don’t buy it.
by prd1982
Fri Jul 16, 2021 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Kids Summer Job - Employer incompetent & taking advantage
Replies: 67
Views: 6358

Re: Kids Summer Job - Employer incompetent & taking advantage

Wow, the responses so far surprised me. I think you son got an A so far for realizing things were wrong (and illegal). Given this is a short time job, he doesn’t have a lot of skin in the game. So report the boss to the state’s appropriate office. Your son may very well be let go because of it. But ...
by prd1982
Wed Jul 14, 2021 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: [Discrepancy in IRS refund, no explanation given. What to do?]
Replies: 9
Views: 763

Re: [Discrepancy in IRS refund, no explanation given. What to do?]

Can’t you go online to the IRS and see the payments they think you made?
by prd1982
Wed Jul 14, 2021 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax is buggy. Alternative? TaxAct?
Replies: 10
Views: 941

Re: Turbo Tax is buggy. Alternative? TaxAct?

I just opened my forms, and it looks like schedule 1-3 are missing. Is that what you are seeing? If so, you might try to find out which form or mini form feeds sched 3, and override it.
by prd1982
Wed Jul 14, 2021 10:44 am
Forum: Personal Consumer Issues
Topic: Toll roads while traveling northeast US: planning and paying
Replies: 59
Views: 3620

Re: Toll roads while traveling northeast US: planning and paying

Thanks for the topic. I'm heading back east and would have simply gotten one from the state I'd be living in but it sounds like the cheaper option is to go via another state. Buying from the state your living in usually be the cheapest. Most of the states have a discount for residents using the in-...
by prd1982
Wed Jul 14, 2021 9:51 am
Forum: Personal Consumer Issues
Topic: Toll roads while traveling northeast US: planning and paying
Replies: 59
Views: 3620

Re: Toll roads while traveling northeast US: planning and paying

In the meantime, I may look at bypassing 95 between DC and CT (no offense NJ Turnpike fans) and running up I-270 to US15 to I-81/I-78 to I-278, I-83 to US30/222 to I-78 to I-287 (or I-83 to I-81/I-78 to I-278). Any feedback on those three potential routes in MD/PA? Thanks! Well, I would take I-95 t...
by prd1982
Wed Jul 14, 2021 9:47 am
Forum: Personal Consumer Issues
Topic: Toll roads while traveling northeast US: planning and paying
Replies: 59
Views: 3620

Re: Toll roads while traveling northeast US: planning and paying

In the meantime, I may look at bypassing 95 between DC and CT (no offense NJ Turnpike fans) and running up I-270 to US15 to I-81/I-78 to I-278, I-83 to US30/222 to I-78 to I-287 (or I-83 to I-81/I-78 to I-278). Any feedback on those three potential routes in MD/PA? Thanks! Well, I would take I-95 t...
by prd1982
Wed Jul 14, 2021 9:14 am
Forum: Personal Consumer Issues
Topic: Toll roads while traveling northeast US: planning and paying
Replies: 59
Views: 3620

Re: Toll roads while traveling northeast US: planning and paying

Chip wrote: Wed Jul 14, 2021 8:40 am I am not familiar with the New England toll system but the PA Turnpike gives all EZ Pass users a 50% discount over toll-by-plate.
Kudos to the PA marketing department for convincing people they get a discount for using EZ-Pass, vs. a surcharge for using toll-by-plate :happy
by prd1982
Wed Jul 14, 2021 8:19 am
Forum: Personal Consumer Issues
Topic: Toll roads while traveling northeast US: planning and paying
Replies: 59
Views: 3620

Re: Toll roads while traveling northeast US: planning and paying

I don't know of any tolls in the US that require a transponder (even to avoid a fee). Well, MD, DE and NY require one at many toll points. Otherwise they snap your license plate, and mail you a bill with a small service charge. I don’t consider the surcharge hefty, but there is a charge. Some state...
by prd1982
Wed Jul 14, 2021 7:49 am
Forum: Personal Consumer Issues
Topic: Toll roads while traveling northeast US: planning and paying
Replies: 59
Views: 3620

Re: Toll roads while traveling northeast US: planning and paying

Get an EZ-Pass from Massachusetts. Http://ezdrivema.com
Minimal cost and no monthly fee.

Note: when you drive thru CT, there are no toll roads!
by prd1982
Mon Jul 12, 2021 8:01 pm
Forum: Personal Consumer Issues
Topic: Important letter from IRS not delivered by USPS [Update: letter received]
Replies: 20
Views: 2830

Re: Important letter from IRS not delivered by USPS

Well, the Informed Delivery site says to wait 7 days before reporting it missing to the USPS. So I guess you could wait that long before calling. I just know that I don’t like to keep the IRS waiting. Note that I’ve always had good experiences with them.
by prd1982
Mon Jul 12, 2021 6:44 pm
Forum: Personal Consumer Issues
Topic: Important letter from IRS not delivered by USPS [Update: letter received]
Replies: 20
Views: 2830

Re: Important letter from IRS not delivered by USPS

I would call the IRS and ask them to resend the letter. Worst that happens is that you get 2 copies, and spend some time on hold.
by prd1982
Sun Jul 11, 2021 9:02 pm
Forum: Investing - Theory, News & General
Topic: Risks of investing in collective investment trusts?
Replies: 4
Views: 401

Re: Risks of investing in collective investment trusts?

Nothing to worry about. These are effectively the same as a retail mutual fund. The only downside is that they cannot be tracked with tools such as Morningstar’s portfolio. However this is a small issue given the savings. Your company did good by you.
by prd1982
Sun Jul 11, 2021 2:52 pm
Forum: Personal Investments
Topic: Looming estate tax and Roth conversions
Replies: 3
Views: 482

Re: Looming estate tax and Roth conversions

Are you concerned about exceeding the federal estate tax level? Is it likely that all of the IRA will be subject to the federal estate tax?
by prd1982
Sun Jul 11, 2021 7:29 am
Forum: Personal Investments
Topic: How many are using Automatic contributions?
Replies: 77
Views: 7399

Re: How many are using Automatic contributions?

I saw someone posted inconvenience when it comes to tax time if one had many transactions build up in their life time for say three funds in their taxable account. That would be lot of transactions. It is making me think, should I go 4x weekly vs 1x monthly transaction. I like to take advantage of ...
by prd1982
Sat Jul 10, 2021 3:08 pm
Forum: Personal Consumer Issues
Topic: [Electric lawnmower battery replacement]
Replies: 108
Views: 6674

Re: [Electric lawnmower battery replacement]

$350 for a battery seems excessive. If you decide to stay electric, try the Ryobi. We have a Ryobi mower, leaf blower, and hedge trimmer and they all use the same form factor 40V battery, so we can use one while charging another. Checking online, a 4 A.hr replacement battery is $117 from Amazon, an...
by prd1982
Sat Jul 10, 2021 8:29 am
Forum: Investing - Theory, News & General
Topic: Simple strategies for reducing inflation risk by Vanguard
Replies: 31
Views: 4574

Re: Simple strategies for reducing inflation risk by Vanguard

I believe the boxes and whiskers (black lines) are associated with the left axis, and show the amount of money spent + remaining at death in real terms. The dot is associated with the right axis and is the percentage of scenarios that passed using the approach at the bottom. So the case on the right...
by prd1982
Sat Jul 10, 2021 8:20 am
Forum: Investing - Theory, News & General
Topic: Simple strategies for reducing inflation risk by Vanguard
Replies: 31
Views: 4574

Re: Simple strategies for reducing inflation risk by Vanguard

This is a box and whisker plot.

White line is median
The box shows the 2nd and 3rd quartiles.
The black lines go to the upper and lower values
The dot is a single data point

Hopefully the doc describes the overall meaning of the graph.

Edit: fixed which quartiles are in the box.
by prd1982
Fri Jul 09, 2021 2:47 pm
Forum: Personal Consumer Issues
Topic: How to save [on] water bill?
Replies: 49
Views: 3348

Re: How to save water bill?

What is the billing period (e.g., 1 month, 3 months)? Is this a year round issue?
by prd1982
Fri Jul 09, 2021 8:46 am
Forum: Investing - Theory, News & General
Topic: Do you use taxable gains/dividends to cover expenses?
Replies: 25
Views: 2983

Re: Do you use taxable gains/dividends to cover expenses?

We did before our RMDs started. If your income is not enough, then you need to take the money from your investments. RMDs are first since you have to take them or pay a huge penalty. Next is dividends and year-end capital gains from taxable accounts, since you have to pay taxes on them even if reinv...
by prd1982
Thu Jul 08, 2021 7:39 am
Forum: Personal Consumer Issues
Topic: [Electric lawnmower battery replacement]
Replies: 108
Views: 6674

Re: [Electric lawnmower battery replacement]

A 40 volt 4ah battery takes hours to charge, so have more than 1. Rick, buy a Ryobi rapid charger. They also come as part of some of the kits for larger tools (e.g., lawn mower). Thanks for pointing this out. Yes, 40 minutes would be better than hours. Wonder what that does to battery life vs. the ...
by prd1982
Thu Jul 08, 2021 7:06 am
Forum: Personal Consumer Issues
Topic: [Electric lawnmower battery replacement]
Replies: 108
Views: 6674

Re: [Electric lawnmower battery replacement]

RickBoglehead wrote: Thu Jul 08, 2021 7:03 am
A 40 volt 4ah battery takes hours to charge, so have more than 1.
Rick, buy a Ryobi rapid charger. They also come as part of some of the kits for larger tools (e.g., lawn mower).
by prd1982
Thu Jul 08, 2021 7:03 am
Forum: Personal Consumer Issues
Topic: [Electric lawnmower battery replacement]
Replies: 108
Views: 6674

Re: [Electric lawnmower battery replacement]

I just bought my battery powered lawn mower, but don't expect it to save money or the environment (unfortunately). I bought it because easier to maneuver, doesn't throw off heat, and quieter for my neighbors working at home. However, I did see this comment in Consumer Reports: And they’re (battery p...
by prd1982
Sun Jul 04, 2021 5:53 am
Forum: Investing - Theory, News & General
Topic: Vanguard Website Mutual Fund List Change
Replies: 31
Views: 3666

Re: Vanguard Mutual Fund List Change

I use the "old" page fairly frequently to have a quick look at my bond funds (a bunch of them among different accounts). The new page is almost useless to me even after "sorting". Maybe I am just cranky. I ended my WSJ subscription after they changed changed fonts and added pict...
by prd1982
Sat Jul 03, 2021 9:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Website Mutual Fund List Change
Replies: 31
Views: 3666

Re: Vanguard Mutual Fund List Change

I like where the new page is headed, although it still has some bugs to work out. One can filter the list, select a couple of interest, and then press Compare to get the details for the selected entries. On my IPad, the select box is not working correctly; it does work on my Android phone. I do wish...
by prd1982
Thu Jul 01, 2021 11:41 am
Forum: Personal Investments
Topic: Be wary of advisors acting in best interest.
Replies: 18
Views: 2265

Re: Be wary of advisors acting in best interest.

Yes this is an area where they might give conflicted advice. But I didn’t hear you say they gave bad advice. There are numerous threads on both of the topics you mentioned.
by prd1982
Thu Jul 01, 2021 6:52 am
Forum: Personal Investments
Topic: Are Vanguard Capital Gains/Loss and 1099 reports sufficient?
Replies: 10
Views: 936

Re: Are Vanguard Capital Gains/Loss and 1099 reports sufficient?

How often are you rebalancing? I think most folks want to be 5+% out of alignment before rebalancing in a taxable account. From your post it sounds like you are rebalancing fairly often.
by prd1982
Tue Jun 29, 2021 6:37 pm
Forum: Personal Consumer Issues
Topic: Reliable basement dehumidifier
Replies: 62
Views: 4903

Re: Reliable basement dehumidifier

We bought the Honeywell 50-pint dehumidifier, TP70WK, online from the Home Depot and had it shipped to our house. It was $300. It got a great review from Consumer Reports. Like others have mentioned, dehumidifiers only last a couple of years. Two things to note: * The government changed the measurin...
by prd1982
Sun Jun 27, 2021 3:51 pm
Forum: Personal Investments
Topic: RMD/QCD Question
Replies: 29
Views: 2066

Re: RMD/QCD Question

Just a suggestion — If you get near the end of the year and have taken your entire RMD but want to make another charitable deduction, then I suggest you hold off on the charitable contribution until Jan 2. Then it will be part of next year’s RMD. I never heard of a charity that needed money in Dece...
by prd1982
Sun Jun 27, 2021 5:44 am
Forum: Personal Finance (Not Investing)
Topic: Estate planning and charity
Replies: 9
Views: 910

Re: Estate planning and charity

Charity selection is a very personal decision. Obvious criteria are: * you agree with their mission. * you think they do a great job using money wisely. Some people prefer small, local organizations; others like larger ones. Both are needed. I don’t know if charities have become more political. I th...
by prd1982
Sat Jun 26, 2021 6:38 pm
Forum: Personal Investments
Topic: RMD/QCD Question
Replies: 29
Views: 2066

Re: RMD/QCD Question

Just a suggestion — If you get near the end of the year and have taken your entire RMD but want to make another charitable deduction, then I suggest you hold off on the charitable contribution until Jan 2. Then it will be part of next year’s RMD. I never heard of a charity that needed money in Decem...
by prd1982
Sat Jun 26, 2021 12:38 pm
Forum: Personal Investments
Topic: Simple Compounding Chart
Replies: 32
Views: 5857

Re: Simple Compounding Chart

Note that the average starting salary for a bachelor degree in 2019 was 54k. I assume the median was even less. So 10k would be a large percentage when just getting started, paying off student loans, etc. So just as important as saving early is increasing the amount saved as your pay increases (and ...
by prd1982
Sat Jun 26, 2021 12:16 pm
Forum: Personal Consumer Issues
Topic: Looking for a laptop - light weight, Word. Excel, PPT, and fair battery life
Replies: 38
Views: 2625

Re: Looking for a laptop - light weight, Word. Excel, PPT, and fair battery life

Thanks. By the way, is there a way to avoid the subscribing to the MS office. We hate a perpetual subscription to anything in general :D. So would love to avoid it if we can. Assuming we can still purchase 365 off the shelf? Every Dell I have bought only includes a trial version. So it might have a...
by prd1982
Sat Jun 26, 2021 11:15 am
Forum: Personal Consumer Issues
Topic: Looking for a laptop - light weight, Word. Excel, PPT, and fair battery life
Replies: 38
Views: 2625

Re: Looking for a laptop - light weight, Word. Excel, PPT, and fair battery life

The suggestion about windows 11 is a good one. Does this mean that if we wait for a few more months we may get additional value for money? https://www.cnet.com/how-to/windows-11-will-be-free-to-download-heres-how-to-make-the-update-if-your-device-is-compatible/ - Ron Unfortunately that will only wo...
by prd1982
Sat Jun 26, 2021 11:12 am
Forum: Personal Consumer Issues
Topic: Looking for a laptop - light weight, Word. Excel, PPT, and fair battery life
Replies: 38
Views: 2625

Re: Looking for a laptop - light weight, Word. Excel, PPT, and fair battery life

Glad you decided to up the budget. You are making the right choice because she is worthit. You are going to want an SSD for the drive. Given you plan to use office, I would suggest 512 GB drive. An I5 core is the best choice I think, although an i3 will work fine. I would actually avoid an I7 since ...
by prd1982
Fri Jun 25, 2021 4:34 pm
Forum: Personal Investments
Topic: Simple Compounding Chart
Replies: 32
Views: 5857

Re: Simple Compounding Chart

The JPMorgan chart is interesting but misleading. I'm assuming the chart is showing nominal dollars. A. If contributing 10k every year, they are actually contributing less each year in value (approx 2% less each year). Not reasonable. B it is easy to forget that 1.8m will have much less than 1m in p...
by prd1982
Mon Jun 21, 2021 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Options for retiring before age 65
Replies: 20
Views: 2764

Re: Health Insurance Options for retiring before age 65

What most responders implied, but did not state:

Don't skimp on insurance for 6 months.
by prd1982
Sun Jun 20, 2021 6:38 am
Forum: Personal Consumer Issues
Topic: (Updated - hidden expenses) Budgets and treatment of cash back
Replies: 27
Views: 2485

Re: Budgets and treatment of cash back

Sounds like I might be the only one who records it in Quicken as a “return” (negative expense). I mark as a split transaction and apportion to my major credit card spending categories.
by prd1982
Fri Jun 18, 2021 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Credit union debits wrong amount...blames other bank
Replies: 15
Views: 1324

Re: Credit union debits wrong amount...blames other bank

What bothers me though is that when I asked the rep if they had safeguards in place to catch these errors retroactively (assuming they doublecheck all transactions), … I would not expect them to double check. I assume all of this is automated once the cashing bank enters the amount. And I would agr...
by prd1982
Wed Jun 16, 2021 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Pending changes in Estate Tax - Options
Replies: 10
Views: 774

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: 76
Views: 4912

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: 76
Views: 4912

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...