Search found 11242 matches

by ResearchMed
Sun Apr 11, 2021 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Home Owner's Insurance Questions
Replies: 7
Views: 692

Re: Home Owner's Insurance Questions

What is that coverage line item about "building ordinance or law"? Ordinance or law covers increased construction costs due to stricter building codes. 10% is standard. Farmers allows you to drop the coverage for a small reduction in premium. It is a bad idea to do this unless the house i...
by ResearchMed
Sun Apr 11, 2021 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Home Owner's Insurance Questions
Replies: 7
Views: 692

Re: Home Owner's Insurance Questions

What is that coverage line item about "building ordinance or law"?

RM
by ResearchMed
Sun Apr 11, 2021 1:51 pm
Forum: Personal Consumer Issues
Topic: Trip insurance for beach vacation?
Replies: 13
Views: 762

Re: Trip insurance for beach vacation?

Like many families, we're looking forward to getting to the beach this summer after being holed up all of 2020. We'll drive, not fly. We've been very conservative up to this point with Covid but we're optimistic for this summer. I've never purchased trip insurance but was curious if there was a pro...
by ResearchMed
Sun Apr 11, 2021 11:45 am
Forum: Personal Finance (Not Investing)
Topic: How much should I overpay?
Replies: 51
Views: 5043

Re: How much should I overpay?

You have a house that has appreciated 25%?

If prices come down, likely that your home value will, too.

RM
by ResearchMed
Sat Apr 10, 2021 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Contract with Family Member for Grandfather’s Care?
Replies: 17
Views: 1664

Re: Contract with Family Member for Grandfather’s Care?

Three quick thoughts: You mention that something like arbitration wouldn't be needed, but also that Uncle might be concerned about how much he gets. What happens to Aunt if this works well enough that she is out of the regular work place for an extended time? Will/might she have trouble getting a jo...
by ResearchMed
Sat Apr 10, 2021 12:00 pm
Forum: Personal Consumer Issues
Topic: Where to donate suits
Replies: 6
Views: 845

Re: Where to donate suits

I have a lot of suits,dress shirts,ties and shoes that I have not worn for over a year due to covid, wearing scrubs to hospital and office, more casual wear when going out etc. I thought there were organizations that would accept donations of these items for young men starting out to wear to job in...
by ResearchMed
Fri Apr 09, 2021 3:36 pm
Forum: Personal Consumer Issues
Topic: Housing circumstances
Replies: 44
Views: 2599

Re: Housing circumstances

If not a duplex as suggested above, then how about - still recognizing that this may be a longer term 'family housing' situation than you would have preferred - then find place to buy where there is enough land to add a small "annex". That can later serve as a guest suite, nanny/housekeepe...
by ResearchMed
Fri Apr 09, 2021 2:30 pm
Forum: Personal Consumer Issues
Topic: Airline Miles - how to use?
Replies: 27
Views: 1777

Re: Arline Miles - how to use?

Under normal times, often using miles with partner airlines result in better value s. Using United miles on United flights may be worse than using on one of the partner airlines. [emphasis added] There are partner networks that can often be far more valuable than using the awards on the carrier tha...
by ResearchMed
Fri Apr 09, 2021 10:46 am
Forum: Personal Consumer Issues
Topic: Travel agent or not
Replies: 7
Views: 664

Re: Travel agent or not

Also, if you aren't familiar with various types of accommodations, speaking with a travel agent might be useful in terms of learning about choices. For example, you might want 4 separate rooms. Do you want them to connect (interior connecting, not needing to go out to common areas)? Sometimes multi-...
by ResearchMed
Fri Apr 09, 2021 9:01 am
Forum: Personal Consumer Issues
Topic: Travel agent or not
Replies: 7
Views: 664

Re: Travel agent or not

There may be some third party travel agents that offer perks at certain hotels/resorts. IF so, that could cover breakfast each day, which is one of the better perks in some cases. The $XXX credit is usually per reservation/room, and not per night, so it's not worth that much for a longer stay. But n...
by ResearchMed
Thu Apr 08, 2021 5:04 pm
Forum: Personal Consumer Issues
Topic: Housing circumstances
Replies: 44
Views: 2599

Re: Housing circumstances

Two thoughts: 1) Rent a small apartment near your new home for them. Will there be anything walking distance, or at least a very short drive? Does your FIL drive? 2) Renovate a basement, one that has a separate entrance(!). It could later be a guest suite or level for teens. And given housing costs,...
by ResearchMed
Thu Apr 08, 2021 4:49 pm
Forum: Investing - Theory, News & General
Topic: How much do you spend annually in retirement?
Replies: 112
Views: 10371

Re: How much do you spend annually in retirement?

I know it sounds silly, but how do I check what my employer offers? I've switched companies a handful of times, but I never checked what they would offer post-leaving, as I was always switching to the next gig w/ health insurance. I briefly browsed around our internal benefits site but I didn't see...
by ResearchMed
Thu Apr 08, 2021 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Tax bill split between spouses
Replies: 81
Views: 4262

Re: Tax bill split between spouses

I would use the IRS withholding calculator, each of you do the calculation as if you were single or MFS. Withhold the exact amount needed. Then, since filing MFJ would create a refund, use that refund to do something fun together, like a weekend getaway (or a fancy dinner, not sure how much money w...
by ResearchMed
Thu Apr 08, 2021 1:46 pm
Forum: Personal Consumer Issues
Topic: COVID airline travel
Replies: 9
Views: 901

Re: COVID airline travel

We will be flying to Turks & Caicos in August. Does anyone know if they require Covid tests before or after the trip? You should check with their official website. The USA State Department also has information, but I wouldn't trust that as the final word. But note: Depending upon disease circum...
by ResearchMed
Thu Apr 08, 2021 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Tax bill split between spouses
Replies: 81
Views: 4262

Re: Tax bill split between spouses

I would use the IRS withholding calculator, each of you do the calculation as if you were single or MFS. Withhold the exact amount needed. Then, since filing MFJ would create a refund, use that refund to do something fun together, like a weekend getaway (or a fancy dinner, not sure how much money w...
by ResearchMed
Thu Apr 08, 2021 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on AirBnB Charges
Replies: 18
Views: 1532

Re: Advice on AirBnB Charges

This is really on OP, and travel insurance with CFAR (Cancel For Any Reason) would probably have been the best thing, given the vagaries of such insurance covering "not being able to go" but not being sick, etc. (That could depend upon insurer, obviously. Some insurers last year were not c...
by ResearchMed
Wed Apr 07, 2021 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Staying at a company after giving notice? (counter-offer)
Replies: 58
Views: 5792

Re: Staying at a company after giving notice? (counter-offer)

The allure of the new place is ---- well it's a smaller company (100) and I feel I can make more impact/ have more autonomy. Also, after so many years at the current place, I do a lot of various maintenance tasks/ garbage collection work and it would be refreshing to cut bait. Don't forget that you...
by ResearchMed
Wed Apr 07, 2021 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Tax bill split between spouses
Replies: 81
Views: 4262

Re: Tax bill split between spouses

I'd recommend that you first figure out what the least amount of taxes that you can (legally!) owe. That's probably going to MFJ. Then... perhaps allocate that amount proportionately. This might be that 4:1 ratio that you have both agreed to. ETA: I'd like to edit, based upon reading some of the sub...
by ResearchMed
Wed Apr 07, 2021 6:20 am
Forum: Personal Consumer Issues
Topic: Advice for Parent struggling with recent retirement
Replies: 12
Views: 1792

Re: Advice for Parent struggling with recent retirement

Father is late 60s and recently retired. Will receive pretty close to max Social Security at age 70. Has a sizable portfolio that should only require 3% or less SWR after accounting for SS. Has a balanced 60/40 portfolio. So financially they’re in great shape. He’s unfortunately going through quite...
by ResearchMed
Mon Apr 05, 2021 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else see drastic increase in Zillow value today?
Replies: 127
Views: 12155

Re: Anyone else see drastic increase in Zillow value today?

I just checked, and our Zillow estimate went *down* by a fairly large amount (more than I used to see it going up at any single time). But at least this makes partial sense. I think the Zillow estimate is waaaay high. It's considerably above the Redfin estimate, and even that I wonder about. And we ...
by ResearchMed
Mon Apr 05, 2021 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Am I crazy for having a high deductible?
Replies: 18
Views: 1937

Re: Am I crazy for having a high deductible?

Another consideration is whether you would even want to file a claim for "smaller losses". Those could affect your insurance rates going forward, or even get you cancelled, depending upon amounts and frequencies. We have elected not to make any claims where the amount of the insurance reim...
by ResearchMed
Sat Apr 03, 2021 7:47 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 1551
Views: 92746

Re: What are you listening to now

Jacqueline du Pre, playing Dvorak's cello concerto, 1968.

Daniel Barenboim (her husband) was conducting.

Amazing to hear - and to watch.

RM
by ResearchMed
Sat Apr 03, 2021 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: 20.00 Small Potato Ethical Dilemma
Replies: 18
Views: 1965

Re: 20.00 Small Potato Ethical Dilemma

So, we're talking $140 over 7 months? Can you put this money back into your rental unit? A new nicer Microwave? Or if you were gonna replace an appliance or something - go for an "upgrade"? putting in a nicer garage door opener? Or can you do some maintenance things (like replace lights) ...
by ResearchMed
Fri Apr 02, 2021 8:38 am
Forum: Personal Investments
Topic: Required Minimum Distribution???
Replies: 20
Views: 2922

Re: Required Minimum Distribution???

Here is how I understand it. Your first RMD is for 2021. You are allowed to delay that first one until the following April without paying a penalty. But you will also have an RMD for 2022. So if you delay the first one, you will be taking two RMDs in 2022. And keep in mind that the doubled RMD amou...
by ResearchMed
Wed Mar 31, 2021 9:04 pm
Forum: Personal Investments
Topic: Rollover IRA at Schwab: Any experience?
Replies: 21
Views: 1328

Re: Rollover IRA at Schwab: Any experience?

Hello Bogleheads, DW left her employer a couple of years ago and hasn't done anything with her traditional pre-tax 401k (at Merril Edge). Her 401k appears to have been actively managed--at least at some point--because she's invested in more than a dozen funds with very high expense ratios (> 1% for...
by ResearchMed
Wed Mar 31, 2021 6:56 pm
Forum: Personal Consumer Issues
Topic: Pedestal Sink - Disposal?
Replies: 15
Views: 893

Re: Pedestal Sink - Disposal?

I just removed a pedestal sink (porcelain). We are replacing it with a new vanity. How does one go about disposing the sink? Set it out on the curb on trash day? Something else? Thanks in advance! Ryan Is it intact? If so, then try setting it out by the curb *before* trash day. You might be surpris...
by ResearchMed
Wed Mar 31, 2021 5:43 pm
Forum: Personal Investments
Topic: Investment choice- surgery center vs stock market
Replies: 26
Views: 2383

Re: Investment choice- surgery center vs stock market

The downside to increasing my ownership: It's not liquid, I can sell but it would take a few months. With stock I can have money tomorrow. it is a business and any business can fail. There are some instabilities in the hospital marketplace. I have zero control over decisions and directing the busin...
by ResearchMed
Wed Mar 31, 2021 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Applying for multiple mortgages
Replies: 5
Views: 354

Re: Applying for multiple mortgages

I don't know the answer but my first thought was about your credit limit. If you're applying for two loans, wouldn't that mean you would have to qualify for both loans independently? Also why waste the additional application fee and appraisal fee? My understanding from several years ago is that mor...
by ResearchMed
Wed Mar 31, 2021 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Applying for multiple mortgages
Replies: 5
Views: 354

Re: Applying for multiple mortgages

We do apply with more than one lender. It was "just in case", such as "what if the banker got hit by the proverbial bus" the day before closing (or whatever glitch might happen). And yes, we paid fees for both. What we did not expect was that the lenders started to underbid each ...
by ResearchMed
Wed Mar 31, 2021 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 413
Views: 49746

Re: Tales from this insane real estate market

Just did a "wilf" around the real estate listings for my suburb. And as expected there are an astonishing amount of listings for houses in the 500K range - and then the majority in the 300 to 400K range. What caught my attention was the number of apartment buildings 3 flats and 6 flats th...
by ResearchMed
Tue Mar 30, 2021 9:24 pm
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 228
Views: 22296

Re: High spenders what do you spend on?

Definitely don't donate. If you want to give, give your time to charity. I volunteer at an animal rescue. As for what to spend money on, I tried to snag a pair of Satan shoes yesterday and failed. If you want to see what really rich people spend money on, check out Architectural Digest on YouTube. ...
by ResearchMed
Tue Mar 30, 2021 9:51 am
Forum: Personal Consumer Issues
Topic: Fidelity Study on Retirement
Replies: 18
Views: 2058

Re: Fidelity Study on Retirement

How much to withdraw in retirement 28% said that financial experts would recommend a withdrawal rate of 10 to 15% of retirement savings every year, a withdrawal rate that would use up one’s retirement savings quickly. Withdrawing that amount would be far above the suggested rate of 4 to 6 percent a...
by ResearchMed
Sun Mar 28, 2021 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Giving up a job with pension/retiree health care
Replies: 9
Views: 1552

Re: Giving up a job with pension/retiree health care

Complicated! First, how difficult have the past 2 years been? Has it been getting better/are you *both* adjusting? Or is it getting just too, too difficult (or similar)? Second... about that wonderful health insurance for life. Yes, that is a real plus, no question. However, how sure are you (you pr...
by ResearchMed
Sun Mar 28, 2021 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: ARM 5 year 1.65% Jumbo would you?
Replies: 14
Views: 1374

Re: ARM 5 year 1.65% Jumbo would you?

Was there a requirement to have a certain balance at Schwab?

And any idea if they offer this for refinancing or just "cash out"?

RM
by ResearchMed
Sun Mar 28, 2021 2:13 pm
Forum: Investing - Theory, News & General
Topic: should I consolidate 2 Vanguard IRAs?
Replies: 8
Views: 661

Re: should I consolidate 2 Vanguard IRAs?

Are there any special legal protections in your state that apply to IRA's that are rolled over from an employer plans that are not available to plain vanilla IRAs?

If so, that would be lost if you combine the accounts.

RM
by ResearchMed
Sun Mar 28, 2021 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Buying an off market property - price analysis
Replies: 14
Views: 957

Re: Buying an off market property - price analysis

I would start with at least two professional appraisals. Thank you for responding. It's a small close-knit community where news travel quickly. And, while I would hope that professional appraisers would keep it confidential, I am cautious about revealing information to strangers. The last thing I n...
by ResearchMed
Sun Mar 28, 2021 11:14 am
Forum: Personal Consumer Issues
Topic: Ethical question about PayPal transaction
Replies: 16
Views: 1329

Re: Ethical question about PayPal transaction

A lot here on BH is about SWAN - Sleeping Well At Night.

That needn't be only about finances.

Fnding another way to send the money (just ask?) is the right thing to do.
SWAN :happy

RM
by ResearchMed
Sat Mar 27, 2021 10:37 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2743
Views: 273467

Re: [What TV Show Have You Recently Watched?]

We just re-watched some ballet, including a short clip of Rudolf Nureyev and Margot Fonteyn in their pas de deux from Giselle. She is incredibly graceful, does some amazing flutters with her feet, and seems to have no bones in her arms. But HIM... Those jumps and <scissor kicks or whatever they're c...
by ResearchMed
Sat Mar 27, 2021 4:55 pm
Forum: Personal Consumer Issues
Topic: From your personal experience, bathroom in finished basement?
Replies: 37
Views: 2725

Re: From your personal experience, bathroom in finished basement?

Another "yes" vote, if it is affordable. But do seriously think about adding at least a small shower, if you add the lav part. Will you ever be having friends or family stay, for more than one night? Once you are already putting in the plumbing, flooring/walls/etc., this is the time to add...
by ResearchMed
Sat Mar 27, 2021 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 413
Views: 49746

Re: Tales from this insane real estate market

I think it is generally hazardous to generalize on the basis of personal, anecdotal information, like saying the entire market in NoVa can be in a bubble based on the list price of one house in McClean, Virginia, or based on the trend of multiple over-asking price offers on single family homes in V...
by ResearchMed
Fri Mar 26, 2021 10:28 am
Forum: Investing - Theory, News & General
Topic: TIAA Traditional default risk - analogous to a corporate bond?
Replies: 23
Views: 1374

Re: TIAA Traditional default risk - analogous to a corporate bond?

About any "state guarantees" for annuities and TIAA Traditional Annuity... Would this apply to only any amount of Trad Ann that is actually *annuitized"? Or is any holding in Trad Annuity covered, liquid or not? And what about those CREF "annuity" funds, such as CREF Stock? ...
by ResearchMed
Thu Mar 25, 2021 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: JTWRS Problems - what are my options?
Replies: 136
Views: 10458

Re: JTWRS Nightmare - what are my options?

You also might want to ask the attorney whether all of those taxes that you (and only you) paid would give you any claim to more than 50% of the current total. This is but one of the questions that the attorney can answer. I would at the very least want to know this before offering any 50/50 split. RM
by ResearchMed
Thu Mar 25, 2021 7:25 pm
Forum: Personal Consumer Issues
Topic: Should I get termite inspection?
Replies: 7
Views: 617

Re: Should I get termite inspection?

Get it. It's usually a cheap inspection on top of a regular home inspection ($100?) and termites can be found in most US states. I've completely bailed on property purchases before due to termite issues that were not obvious to the untrained eye. While your contract with the seller may vary, it's g...
by ResearchMed
Thu Mar 25, 2021 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: JTWRS Problems - what are my options?
Replies: 136
Views: 10458

Re: JTWRS Nightmare - what are my options?

I'd like to ask more about the " or " vs. " and " with JTWROS, both of which have been mentioned above. Are there really two different types of "joint", using the same terminology? IANAL, and in my very limited reading, I can only find definitions/examples of the "...
by ResearchMed
Thu Mar 25, 2021 11:49 am
Forum: Personal Finance (Not Investing)
Topic: JTWRS Problems - what are my options?
Replies: 136
Views: 10458

Re: JTWRS Nightmare - what are my options?

OP, from the beginning of this thread I've thought that you are going about this all wrong. That the answer was to try to reconcile with your relative. You've indicated that is very unlikely. I think you are allowing emotion to overrule logic and you are also making this into a catastrophe when it ...
by ResearchMed
Wed Mar 24, 2021 9:50 pm
Forum: Personal Consumer Issues
Topic: Repair a Ceramic Tile?
Replies: 15
Views: 903

Re: Repair a Ceramic Tile?

We had a similar situation. A tile guy told us to find nail polish that matched the tile color. It was definitely the dodgiest possible solution, but was easy and it didn’t look horrible. Really - what an idea. Heh. I might give that a try, if I can find the right shade. RM If there is any foot tra...
by ResearchMed
Wed Mar 24, 2021 7:55 pm
Forum: Personal Consumer Issues
Topic: Repair a Ceramic Tile?
Replies: 15
Views: 903

Re: Repair a Ceramic Tile?

quantAndHold wrote: Wed Mar 24, 2021 7:21 pm We had a similar situation. A tile guy told us to find nail polish that matched the tile color. It was definitely the dodgiest possible solution, but was easy and it didn’t look horrible.
Really - what an idea. Heh.

I might give that a try, if I can find the right shade.

RM
by ResearchMed
Wed Mar 24, 2021 7:50 pm
Forum: Personal Consumer Issues
Topic: Whiplash settlement experience?
Replies: 9
Views: 812

Re: Whiplash settlement experience?

When was this?

If very recent, then please consider waiting a bit before accepting any offer/settlement. Just in case there is some soft tissue damage that starts to cause pain, you should be able to recover money for any therapy needed, as well as perhaps some token for pain and suffering, etc.

RM
by ResearchMed
Wed Mar 24, 2021 6:28 pm
Forum: Investing - Theory, News & General
Topic: CNBC ...why investors should never try to time the stock market
Replies: 22
Views: 3552

Re: CNBC ...why investors should never try to time the stock market

I've heard a version of this many times and I don't quite understand what it means to "miss the best days." How is the calculation done? Does "missing the best days" mean buying in after an up day? So, for example, you sell your stock at $100 by market timing, but the stock goes...