Search found 768 matches

Return to advanced search

Re: How can I stop feeling depressed about my finances?

The way it was told to me, a degree only proves you have the ability to learn, so gets your foot in an employer's door. What you choose to learn after your degree is up to you. I agree with this. I didn't get a degree, and I did okay. Someone once told me this: You don't get your report card in sch...
by Abe
Tue Sep 30, 2014 12:20 pm
 
Forum: Personal Consumer Issues
Topic: How can I stop feeling depressed about my finances?
Replies: 93
Views: 5925

Re: what is risk?

The word risk covers a lot of territory making it hard to specifically define. I think the disagreement here is because we each have our own perspective on risk.
by Abe
Mon Sep 29, 2014 6:21 pm
 
Forum: Investing - Theory, News & General
Topic: what is risk?
Replies: 101
Views: 3424

Re: Protection from a market crash

From Investopedia: Diversification can help an investor manage risk and reduce the volatility of an asset's price movements. Remember though, that no matter how diversified your portfolio is, risk can never be eliminated completely. You can reduce risk associated with individual stocks, but general ...
by Abe
Mon Sep 29, 2014 12:29 pm
 
Forum: Investing - Help with Personal Investments
Topic: Protection from a market crash
Replies: 17
Views: 1425

Re: Read too many books... help untangle

I think the common message you'll find in all of these is "own the market or markets you decide to invest in by using low-cost index funds, rebalance and then Stay The Course". I agree with the above. There is a lot of investing theory discussed which is okay I guess, but I don't think it...
by Abe
Sat Sep 27, 2014 5:39 pm
 
Forum: Investing - Theory, News & General
Topic: Read too many books... help untangle
Replies: 35
Views: 2391

Re: Cast Iron Skillet Cooking

Anyone with ultimate cornbread recipes to make on cast iron skillets? My wife does the cornbread at our house and she is out of town. When she gets back, I'll get the recipe. The trick to good cornbread is to get a good crust on the outside. The way my wife does this is she puts bacon grease in the...
by Abe
Sat Sep 27, 2014 12:56 pm
 
Forum: Personal Consumer Issues
Topic: Cast Iron Skillet Cooking
Replies: 86
Views: 6497

Re: Cast Iron Skillet Cooking

It's best not to wash cast iron with soap and water. That's what I hear, but I prefer not having the odor of fish, lamb chops, bacon,* etc. permeate other dishes, so I often use soap. So after I wash with soap, do I have to season it all over again? *Yes, I'm one of the few people who doesn't think...
by Abe
Sat Sep 27, 2014 12:34 pm
 
Forum: Personal Consumer Issues
Topic: Cast Iron Skillet Cooking
Replies: 86
Views: 6497

Re: Cast Iron Skillet Cooking

For those interested in restoring old cast iron, here is a $12 Wagner (1912 era) skillet I got. Before: (completely nasty... from ebay) http://i.imgur.com/qgTcuNa.jpg After: (this is stripped down. they are grey prior to seasoning) http://i.imgur.com/dDXfkqz.jpg OK, please tell me how you got this ...
by Abe
Sat Sep 27, 2014 11:16 am
 
Forum: Personal Consumer Issues
Topic: Cast Iron Skillet Cooking
Replies: 86
Views: 6497

Re: Cast Iron Skillet Cooking

Where can you purchase one of these for $15.00? I used to have a cast iron skillet but unfortunately, sold it prior to one of my many moves, years ago. Now I only have a Swedish pancake cast iron skillet that I love....but would like to purchase the one you recommend. Best place to purchase? Thank ...
by Abe
Fri Sep 26, 2014 2:48 pm
 
Forum: Personal Consumer Issues
Topic: Cast Iron Skillet Cooking
Replies: 86
Views: 6497

Re: Why do people buy annuities?

I think the main reason people buy them is because they eliminate uncertainty.
by Abe
Fri Sep 26, 2014 1:18 pm
 
Forum: Investing - Theory, News & General
Topic: Why do people buy annuities?
Replies: 50
Views: 3820

Re: What did you always wish for but never got?

A Red Ryder BB gun.
Funny, I just now discovered it's spelled "Ryder". I always thought it was "Rider". :wink:
by Abe
Fri Sep 26, 2014 12:54 pm
 
Forum: Personal Consumer Issues
Topic: What did you always wish for but never got?
Replies: 87
Views: 5057

Re: Let's hear your Dave Ramsey success stories

I was already doing all the things Ramsey advocated long before I ever heard of him. Recently I bought one of his books titled "Total Money Makeover" at a Goodwill store for .25c and read it just out of curiosity. The message was good as far as it goes. For some reason I was inclined to sa...
by Abe
Thu Sep 25, 2014 5:17 pm
 
Forum: Investing - Theory, News & General
Topic: Let's hear your Dave Ramsey success stories
Replies: 32
Views: 4043

Re: New kitchen cabinets or new doors?

We had the same problem. My house was built in the 70's. The cabinets were solid and in good condition, but they were dated and stained. We had a local cabinet maker replace the doors. The other part of the cabinets were covered with new veneer. They look like new cabinets now. The cost was $1,350....
by Abe
Thu Sep 25, 2014 11:52 am
 
Forum: Personal Consumer Issues
Topic: New kitchen cabinets or new doors?
Replies: 28
Views: 1724

Re: Cast Iron Skillet Cooking

Peterjens wrote:
Abe wrote:
Random Poster wrote:
Abe wrote:We have been buying and reselling old cast iron for many years.

Do you mean buying cast iron cookware at garage sales and reselling elsewhere?


Yes
by Abe
Thu Sep 25, 2014 10:42 am
 
Forum: Personal Consumer Issues
Topic: Cast Iron Skillet Cooking
Replies: 86
Views: 6497

Re: New kitchen cabinets or new doors?

We had the same problem. My house was built in the 70's. The cabinets were solid and in good condition, but they were dated and stained. We had a local cabinet maker replace the doors. The other part of the cabinets were covered with new veneer. They look like new cabinets now. The cost was $1,350.
by Abe
Wed Sep 24, 2014 5:02 pm
 
Forum: Personal Consumer Issues
Topic: New kitchen cabinets or new doors?
Replies: 28
Views: 1724

Re: Cast Iron Skillet Cooking

This is how to remove rust and grease from cast iron: Rust: Soak cast iron in vinegar and water in a plastic container. Remove excess with wire brush. Grease: Soak cast iron in lye and water in a plastic container. Remove excess with wire brush. There is a much easier method: Simply cover the affec...
by Abe
Wed Sep 24, 2014 3:14 pm
 
Forum: Personal Consumer Issues
Topic: Cast Iron Skillet Cooking
Replies: 86
Views: 6497

Re: Cast Iron Skillet Cooking

Just got into cast iron cooking myself over the summer. I own the Lodge 8", 10.5" and 12" skillets and we use them on our Kamado Joe (essentially a Big Green Egg) at least once or twice a week. Garlic, rosemary, and sea salt roasted new potatoes have become a weekly staple at our hou...
by Abe
Wed Sep 24, 2014 2:10 pm
 
Forum: Personal Consumer Issues
Topic: Cast Iron Skillet Cooking
Replies: 86
Views: 6497

Re: Cast Iron Skillet Cooking

When I was coming up, we had a 10 1/2 inch cast iron skillet which is the #8 size. We used it for almost everything. The #8 is the standard; if you're only going to have one size, the #8 is what you want. I like the old ones the best, but the Lodge brand that you can find at Walmart is pretty good. ...
by Abe
Wed Sep 24, 2014 2:02 pm
 
Forum: Personal Consumer Issues
Topic: Cast Iron Skillet Cooking
Replies: 86
Views: 6497

Re: Could one theoretically be 100% stocks your whole life?

Yes, one theoretically could be 100% stocks their whole life, but I wouldn't recommend it.
by Abe
Tue Sep 23, 2014 11:51 am
 
Forum: Investing - Theory, News & General
Topic: Could one theoretically be 100% stocks your whole life?
Replies: 43
Views: 2743

Re: The Roosevelts, PBS special

I've been watching it. Very interesting. My problem is I go to sleep and miss the last part. :happy
by Abe
Fri Sep 19, 2014 10:59 am
 
Forum: Personal Consumer Issues
Topic: The Roosevelts, PBS special
Replies: 98
Views: 7639

Re: Where do I put my cash now?

Yossarian wrote:One word: plastics.


Just think where I would be today if I had invested in plastics back when the Graduate came out. :D
by Abe
Thu Sep 18, 2014 3:39 pm
 
Forum: Investing - Help with Personal Investments
Topic: Where do I put my cash now?
Replies: 23
Views: 2542

Re: Any success stories of ppl who never made >$50,000?

Not a success story in that I'm wealthy, and I made about $50 K at my peak years. Married, 2 kids grown, one at home with a slight handicap that will keep him from being completely independent, other on her own, wife never worked since marriage, so a single income family. Currently 59 years, retire...
by Abe
Thu Sep 18, 2014 10:48 am
 
Forum: Personal Finance (Not Investing)
Topic: Any success stories of ppl who never made >$50,000?
Replies: 149
Views: 10004

Re: Any success stories of ppl who never made >$50,000?

I had joined this forum because I love personal finance topics. After posting a few questions, and hanging around a couple topics I did feel this forum was very hostile to people on lower incomes and newbies. I made around $35k last year, including what spouse contributes. I have a degree in comput...
by Abe
Wed Sep 17, 2014 5:59 pm
 
Forum: Personal Finance (Not Investing)
Topic: Any success stories of ppl who never made >$50,000?
Replies: 149
Views: 10004

Re: Student loan overpayment. How do I calculate payoff per

jasc15 I'm not familiar with student loans, but most loans require a promissory note. The note should contain the terms and conditions of the loan. In addition to the note, you should have an amortization schedule with a break down of payment amounts including interest, principal and loan balance af...
by Abe
Wed Sep 17, 2014 2:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: Student loan overpayment. How do I calculate payoff period?
Replies: 18
Views: 1011

Re: Any success stories of ppl who never made >$50,000?

I wouldn't call it a success story, but the most I ever made was around 65k per year, and I have a multi million dollar networth. Now my investments produce way more than I ever made. How long did this take you to accomplish? I would definitely consider it a success story. :sharebeer Well, I delete...
by Abe
Wed Sep 17, 2014 11:19 am
 
Forum: Personal Finance (Not Investing)
Topic: Any success stories of ppl who never made >$50,000?
Replies: 149
Views: 10004

Re: Why do so many think their home is a foolproof investmen

I agree with MathWizard on this. For some people the best investment they can make is to get the highest mortgage they can afford because the only thing they will ever have is the equity in their home. Um, I'm not following this. Why should they get the largest mortgage they can afford if equity is...
by Abe
Tue Sep 16, 2014 6:04 pm
 
Forum: Investing - Theory, News & General
Topic: Why do so many think their home is a foolproof investment?
Replies: 125
Views: 6449

Re: Why do so many think their home is a foolproof investmen

I agree with MathWizard on this. For some people the best investment they can make is to get the highest mortgage they can afford because the only thing they will ever have is the equity in their home.
by Abe
Tue Sep 16, 2014 10:42 am
 
Forum: Investing - Theory, News & General
Topic: Why do so many think their home is a foolproof investment?
Replies: 125
Views: 6449

Re: Why do so many think their home is a foolproof investmen

I don't think my home is a foolproof investment. By the same token, I don't think any investment is foolproof. I paid cash for my home because I don't like to make payments or pay rent. I doubt I will make much money if I ever sell it but that's okay. I have a roof over my head and I don't have to m...
by Abe
Mon Sep 15, 2014 6:06 pm
 
Forum: Investing - Theory, News & General
Topic: Why do so many think their home is a foolproof investment?
Replies: 125
Views: 6449

Re: The dangerous practice of rebalancing...

But isn't this essentially what Dr. Bernstein recommends: Bernstein recommends a rule of thumb, based on annuity payouts and spending patterns late in life, that you should have 20-25 times your residual living expenses (after pensions/Social Security) invested solely in safe assets. No stocks at al...
by Abe
Fri Sep 12, 2014 6:04 pm
 
Forum: Investing - Theory, News & General
Topic: The dangerous practice of rebalancing...
Replies: 191
Views: 13992

Re: Vangaurd STAR

First, a kool aid stand is an active business. The Star Fund is a passive investment. Five dollars per month equates to 6% per year on $1,000. So your $1,000 grows to roughly $7,700 over 35 years. No you can't retire on that, but it's a good example of the power of compounding. Invest $9,000 per yea...
by Abe
Wed Sep 10, 2014 2:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: Vangaurd STAR
Replies: 31
Views: 1952

Re: Drawing down a windfall...

Your problem is you are spending way too much. If it was me and I was your age, I would NOT be drawing anything from my investments unless I had to. I would let my investments continue to work for me as long as possible. Your 250k salary should be plenty to live on. I would start now looking for ano...
by Abe
Mon Sep 08, 2014 6:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: Drawing down a windfall...
Replies: 55
Views: 4166

Re: POLL: What was the first stock you ever bought?

I'm not sure, but I believe it was IBM. It was either in the late 60's or early 70's, and I invested $5,000 which was a lot for me at that time. IBM shares were extremely high at the time. I still have it. It's worth a little over $67,000 now.
by Abe
Fri Sep 05, 2014 6:17 pm
 
Forum: Investing - Theory, News & General
Topic: POLL: What was the first stock you ever bought?
Replies: 74
Views: 2860

Re: ATM did not dispense cash but account was debited

You could write on a piece of paper the following: "This ATM just shorted me $400" along with your name and phone number and hold it up to the camera. I guess you could also drop the same note in their drop box. I am assuming they were closed. :happy
by Abe
Thu Sep 04, 2014 5:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: ATM did not dispense cash but account was debited
Replies: 8
Views: 1801

Re: Gas station etiquette

Where I live it's whoever gets there first. If the driver does not like pulling around you, that's his problem. It wasn't like you had him blocked off where he couldn't get out.
by Abe
Thu Aug 28, 2014 3:57 pm
 
Forum: Personal Consumer Issues
Topic: Gas station etiquette
Replies: 46
Views: 2962

Re: Is it me, or are "collectibles" worthless in 2014?

Cherokee: I wouldn't trash it. As I said earlier, collectibles go in cycles. Apparently airline collectibles are out of favor right now. It may not benefit your uncle, but at some point the airline stuff will probably come back.
by Abe
Tue Aug 26, 2014 12:01 pm
 
Forum: Personal Consumer Issues
Topic: Is it me, or are "collectibles" worthless in 2014?
Replies: 79
Views: 6269

Re: Is it me, or are "collectibles" worthless in 2014?

Regarding Abe's story, it's safe to say that true ANTIQUES are different from plain old collectibles... Yes, that is true. I was just responding to the post regarding Antiques Roadshow. As I posted earlier, my wife and I buy and sell antiques and collectibles as a hobby. We never run across anythin...
by Abe
Mon Aug 25, 2014 5:30 pm
 
Forum: Personal Consumer Issues
Topic: Is it me, or are "collectibles" worthless in 2014?
Replies: 79
Views: 6269

Re: Is it me, or are "collectibles" worthless in 2014?

The only place I see people pay high prices for antiques/collectables is on TV. I attend quite a few auctions in my area. Now I know location and market are everything but the prices for the antiques/collectables are pennies of what you would expect if you bought into all of those auction shows on ...
by Abe
Mon Aug 25, 2014 5:23 pm
 
Forum: Personal Consumer Issues
Topic: Is it me, or are "collectibles" worthless in 2014?
Replies: 79
Views: 6269

Re: Is it me, or are "collectibles" worthless in 2014?

It is harder to sell on eBay now, but there is money to be made if one is knowledgeagle and careful about what they buy. My wife and I do this as a hobby. We find items on a regular basis at flea markets and other places that we buy and resale on eBay for several times our cost. The stuff is out the...
by Abe
Mon Aug 25, 2014 2:23 pm
 
Forum: Personal Consumer Issues
Topic: Is it me, or are "collectibles" worthless in 2014?
Replies: 79
Views: 6269

Re: Newbie nervous and just invested 55k with Vanguard

You've already done the hardest part. As time goes on it should get easier although you may second guess yourself from time to time. This is natural. Everything in life is a tradeoff. Investing is no exception. You are taking some risk now with your money in order to have more later. I promise you w...
by Abe
Mon Aug 25, 2014 11:45 am
 
Forum: Investing - Help with Personal Investments
Topic: Newbie nervous and just invested 55k with Vanguard
Replies: 20
Views: 2308

Re: Is it me, or are "collectibles" worthless in 2014?

Back in the early days of eBay you could sell almost anything. I don't know why, but it's much harder to sell on eBay now. Another thing is the demand for collectibles runs in cycles. About 2 years ago, my wife had an item to sell on eBay, but she found they were not bringing much so she set it asid...
by Abe
Sun Aug 24, 2014 4:49 pm
 
Forum: Personal Consumer Issues
Topic: Is it me, or are "collectibles" worthless in 2014?
Replies: 79
Views: 6269

Re: Why do we tip restaurant servers?

gwrvmd wrote:Abe: The reason for shaking hands goes back to Medieval times.....Extending your dominant hand palm up to a stranger was a way of showing that you didn't have a weapon......Gordon


Okay, see there is even a logical reason for shaking hands.
by Abe
Fri Aug 22, 2014 9:47 pm
 
Forum: Personal Consumer Issues
Topic: Why do we tip restaurant servers?
Replies: 44
Views: 2251

Re: Why do we tip restaurant servers?

A logical reason for speaking English would be so that other people can understand you.
A logical reason for driving on the right would be so you wouldn't have a head on crash.
I can't think of a logical reason for shaking hands.
by Abe
Fri Aug 22, 2014 7:25 pm
 
Forum: Personal Consumer Issues
Topic: Why do we tip restaurant servers?
Replies: 44
Views: 2251

Re: Why do we tip restaurant servers?

HardKnocker wrote:Why is 20% now considered a normal tip?

15% used to be the norm.


Okay. Just substitute 15% for 20%. :happy
by Abe
Fri Aug 22, 2014 6:53 pm
 
Forum: Personal Consumer Issues
Topic: Why do we tip restaurant servers?
Replies: 44
Views: 2251

Why do we tip restaurant servers?

I know this is a controversial subject, but why do we tip restaurant servers? There is no logical reason that I know of except to say it is customary. Grocery store clerks, and most other retail employees get paid minimum wage or more, but restaurant servers are only paid around $2.13 per hour and a...
by Abe
Fri Aug 22, 2014 4:42 pm
 
Forum: Personal Consumer Issues
Topic: Why do we tip restaurant servers?
Replies: 44
Views: 2251

Re: Online classes?

by Abe
Mon Aug 18, 2014 10:53 am
 
Forum: Investing - Theory, News & General
Topic: Online classes?
Replies: 14
Views: 1939

Re: Where do you buy clothes?

mojave wrote: I fund my clothing by selling vintage housewares that I find at Goodwill, so I don't even use our paychecks for that.


What kind of vintage housewares and where do you sell it? Just curious. :happy
by Abe
Thu Aug 14, 2014 1:22 pm
 
Forum: Personal Consumer Issues
Topic: Where do you buy clothes?
Replies: 105
Views: 9249

Re: Where do you buy clothes?

cfs wrote:Military Exchange

I buy at the military exchange stores.

Thanks for reading.


Who can buy at military exchange stores?
by Abe
Sun Aug 10, 2014 5:50 pm
 
Forum: Personal Consumer Issues
Topic: Where do you buy clothes?
Replies: 105
Views: 9249

Re: Where do you buy clothes?

I buy blue jeans at Walmart. Most everything else, I buy a thrift stores.

I forgot: I order Rockport Eureka shoes from sears, usually $65.00 a pair on sale with free shipping. :beer
by Abe
Sun Aug 10, 2014 3:33 pm
 
Forum: Personal Consumer Issues
Topic: Where do you buy clothes?
Replies: 105
Views: 9249

Re: Dave Ramsey still defending 12% and still angry at "nerd

Either Ramsey believed that the market would return 12%, or he falsely stated that it would return 12% even though he knew it would not. This is the way I think Ramsey rationalizes this. In the first case, he can't admit he was wrong because he would be admitting that he was ignorant about something...
by Abe
Sun Aug 10, 2014 12:49 pm
 
Forum: Investing - Theory, News & General
Topic: Dave Ramsey still defending 12% and still angry at "nerds"
Replies: 194
Views: 22841

Re: Roof replacement

I recently replaced the roof (shingles) on my personal residence with 30 year architectural shingles. I have been replacing shingles on rentals with 25 year 3 tap shingles. I have a contractor who does this for $160.00 per square for 3 tap or $180.00 per square for architectural. This includes all l...
by Abe
Fri Aug 08, 2014 1:59 pm
 
Forum: Personal Consumer Issues
Topic: Roof replacement
Replies: 13
Views: 1172
Next

Return to advanced search