Search found 987 matches

by Abe
Tue Sep 01, 2015 9:52 am
Forum: Forum Issues and Administration
Topic: [forum running at] Slow speed
Replies: 64
Views: 3230

Re: Site running real slow for me on Firefox

Everything is back to normal for me now.
by Abe
Mon Aug 31, 2015 11:44 am
Forum: Personal Finance (Not Investing)
Topic: About to close on a home we have overbid on - have cold feet
Replies: 46
Views: 4851

Re: About to close on a home we have overbid on - have cold feet

Don't know the answer. Have you talked to the sellers? They may let you out of the contract if you ask. Here are a couple of sites with some information. http://www.bankrate.com/finance/real-estate/offer-accepted-can-i-back-out.aspx http://www.nolo.com/legal-encyclopedia/how-i-withdraw-offer-buy-hou...
by Abe
Mon Aug 31, 2015 10:56 am
Forum: Forum Issues and Administration
Topic: [forum running at] Slow speed
Replies: 64
Views: 3230

Re: Site running real slow for me on Firefox

Yep, me too, same thing (Firefox).
by Abe
Sat Aug 29, 2015 7:49 pm
Forum: Investing - Help with Personal Investments
Topic: Low-cost Indexing versus Real Estate Investing
Replies: 7
Views: 995

Re: Low-cost Indexing versus Real Estate Investing

My low cost index fund has never called me in the middle of the night due to a clogged toilet... I have seen this posted here before about tenants calling in the middle of the night about a clogged toilet. I have had residential rental properties for over 40 years, and I have never had a tenant cal...
by Abe
Fri Aug 28, 2015 1:04 pm
Forum: Investing - Theory, News & General
Topic: Can the market go up forever?
Replies: 72
Views: 5017

Re: Can the market go up forever?

As long as there is earnings growth, the market will go up. But, it's sort of like worrying about the sun burning out and our solar system coming to an end. I'll be dead before it happens. :wink:
by Abe
Fri Aug 28, 2015 11:36 am
Forum: Personal Consumer Issues
Topic: Lawn Mower Repair
Replies: 33
Views: 1639

Re: Lawn Mower Repair

I had 2 push lawn mowers with Briggs & Stratton engines. They have been in storage for five years with gas still in the tanks. When I got them out and tried to start them, they wouldn't start. I talked to a mechanic friend, and he said the ethanol in gas will gum the engine up if let set too lon...
by Abe
Fri Aug 28, 2015 10:27 am
Forum: Personal Consumer Issues
Topic: Worst financial book you have read (or will admit you have read)
Replies: 94
Views: 9889

Re: Worst financial book you have read (or will admit you have read)

No book is necessarily bad, even Rich Dad, Poor Dad. It may be lacking in substance, but if it motivates one to get started investing, even if it's just the thinking stage, there is some good there. As much as I agree with the Boglehead way, it's not the only way. When I started out, there was no Bo...
by Abe
Thu Aug 27, 2015 10:28 am
Forum: Personal Consumer Issues
Topic: Has anyone actually used gold or silver coins for a purchase?
Replies: 57
Views: 4404

Re: Has anyone actually used gold or silver coins for a purchase?

I got this from a Forbes article titled: Solving A Serious Mystery: Why Don't Gold And Silver Coins Circulate? "Suppose a restaurant wants to be paid in silver and you agree to buy a steak dinner with an Eagle. The IRS treats this trade as a sale of the silver at the current market price. You m...
by Abe
Tue Aug 25, 2015 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Should I feel guilty?
Replies: 10
Views: 1411

Re: Should I feel guilty?

Thanks everyone for replying to my post. I fully intended to close the account regardless, even though I did feel a tinge of guilt. All of your replies made me feel a little better about doing it. It's nice to know that I'm not the only one that feels this way.
by Abe
Tue Aug 25, 2015 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Should I feel guilty?
Replies: 10
Views: 1411

Re: Should I feel guilty?

No. I'm not sure how all the fees work, but man, those sound high for just selling stocks. If anyone feels guilty it should be your brokers. Yes, that does sound like a lot. I though about transferring the holdings to my Vanguard Brokerage account and then selling them, but that would probably take...
by Abe
Tue Aug 25, 2015 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Should I feel guilty?
Replies: 10
Views: 1411

Should I feel guilty?

I have had an account with one of the well known brokerage companies for years. Having seen the light a few years ago, I have gradually been liquidating my holdings with them and pulling money out. The broker I started out with couldn't make any money from me anymore so he turned my account over to ...
by Abe
Mon Aug 24, 2015 11:43 am
Forum: Investing - Theory, News & General
Topic: "FEAR" Is Here,...
Replies: 53
Views: 6932

Re: "FEAR" Is Here,...

It's times like this when the Boglehead way really comes into play. Set an asset allocation you can live with comes to mind. We can reduce a lot of risk through diversification, but market risk is a risk we can't do much about. So, what is causing the situation we are in now? I don't know the answer...
by Abe
Sun Aug 23, 2015 7:12 pm
Forum: Investing - Theory, News & General
Topic: [Jim] Cramer: Worst mistake you can make in a selloff
Replies: 9
Views: 2699

Re: [Jim] Cramer: Worst mistake you can make in a selloff

Yes, some things he says is pretty good advise. This part I disagree with: Jim Cramer has always hosted "Mad Money" based on the idea that it is possible for individual investors to make more money investing themselves than they would by hiding their money in bonds, index or mutual funds. ...
by Abe
Sun Aug 23, 2015 6:32 pm
Forum: Investing - Theory, News & General
Topic: [Jim] Cramer: Worst mistake you can make in a selloff
Replies: 9
Views: 2699

Re: Cramer: Worst mistake you can make in a selloff

Abe wrote:I mostly disagree with what Cramer says, but I thought this article made some good points.


No. Just, no.

What does that mean. Are you saying you disagree with everything in the article.
by Abe
Sun Aug 23, 2015 5:53 pm
Forum: Investing - Theory, News & General
Topic: [Jim] Cramer: Worst mistake you can make in a selloff
Replies: 9
Views: 2699

[Jim] Cramer: Worst mistake you can make in a selloff

I mostly disagree with what Cramer says, but I thought this article made some good points.

http://finance.yahoo.com/news/cramer-wo ... 2811.html#
by Abe
Thu Aug 20, 2015 3:34 pm
Forum: Personal Consumer Issues
Topic: Removing black stains from tub
Replies: 23
Views: 1588

Re: Removing black stains from tub

Make a paste with vinegar and baking soda. Scrub with toothbrush. If that doesn't do it, apply paste on stain and let set for an hour or two, then scrub.
by Abe
Thu Aug 20, 2015 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Am I crazy? Quitting my job.
Replies: 95
Views: 13739

Re: Am I crazy? Quitting my job.

Very few people get the opportunity to retire at 31. If it were me, and I could retire in three years at age 31, I would stick it out. But, I am not you. Getting feedback may help you make a decision, but ultimately you have to decide. What is the right answer? Nobody knows, not even you. Life is ju...
by Abe
Mon Aug 17, 2015 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else impatient with their car payments?
Replies: 58
Views: 4769

Re: Anyone else impatient with their car payments?

The end result is the same, but I'm not a big fan of "saving" $417 every month for 4 years to have the money for a car. Once you've reached a critical mass, you don't need "mental envelopes" for savings; save as a matter of course and decide when the time comes how much you want...
by Abe
Mon Aug 17, 2015 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else impatient with their car payments?
Replies: 58
Views: 4769

Re: Anyone else impatient with their car payments?

Can't really relate. I have never financed a car. When I was young I bought nice used cars after saving up the cash. My wife and I understand that some folks might think us unreasonably frugal (we've only every bought one new car), given we have a mid 7 figures net worth. Stay the course with your ...
by Abe
Sun Aug 16, 2015 11:04 am
Forum: Personal Finance (Not Investing)
Topic: loan for a dental practice
Replies: 17
Views: 1630

Re: loan amortization

. . Option two would amortize (pay out) 170k in 10 years at 4.875 interest, payment amount $1792. So this doesn't really make sense because they are saying amortized 20 years when it would actually amortize (pay out) in 10 years. I would call them to clarify. . RM[/quote] Actually, looking at these ...
by Abe
Sat Aug 15, 2015 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: loan for a dental practice
Replies: 17
Views: 1630

Re: loan amortization

It could very well have a balloon. This is not uncommon. But the information they gave you is incorrect. You need to call them, and ask if the loans offered are adjustable rate loans or if they have balloons. A balloon is just the loan balance that is due in full before the loan pays out. A loan cou...
by Abe
Sat Aug 15, 2015 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: loan for a dental practice
Replies: 17
Views: 1630

Re: loan amortization

Loan amount:$170,000(subject to a maximum loan TO value of 85%-estimated purchase point 200,000 Interest Rate: option1:4.625% fixed .Principal & interest payments estimated at $1087 pm+real estate taxes escrow option2:4.875% fixed .Principal & interest payments estimated at $1792 pm+real es...
by Abe
Thu Aug 13, 2015 3:15 pm
Forum: Personal Consumer Issues
Topic: Cheap drugs! [Switching to generic]
Replies: 26
Views: 2231

Re: Cheap drugs!

packet wrote:Annnnd... it only gets better... :)

Just picked up my new script, it was actually cheaper than estimated... will only be $135.20/year... sweet!

I'm so pleased I won't even redo the math in my original post.

:beerCheers,
packet


mazel tov :sharebeer
by Abe
Thu Aug 13, 2015 12:22 pm
Forum: Personal Consumer Issues
Topic: "If your bank knew you did this they'd freak!"
Replies: 22
Views: 5766

Re: "If your bank knew you did this they'd freak!"

The last time I clicked on one of those, it took me an hour and a half to get off. :annoyed
by Abe
Wed Aug 12, 2015 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: How much is too much?
Replies: 42
Views: 5589

Re: How much is too much?

I always saved all I could. Still do. I rather have too much than not enough.
by Abe
Wed Aug 12, 2015 10:15 am
Forum: Personal Finance (Not Investing)
Topic: tree root/broken water line question (legal advice needed)
Replies: 17
Views: 1854

Re: tree root/broken water line question (legal advice needed)

I wasn't questioning Grt2bOutdoors. He know more about how much it cost in NYC than I do. I was just speaking from my perspective. As I said in a earlier post, NYC is like another planet to me. :happy Just in case you ever get the itch to move up here: Thanks, but I don't think I'll be moving up th...
by Abe
Tue Aug 11, 2015 5:45 pm
Forum: Personal Consumer Issues
Topic: Anyone not own a Smartphone
Replies: 76
Views: 4086

Re: Anyone not own a Smartphone

surfstar, thanks for the happy birthday.

Did you ever notice how we make it just fine until something new comes out. I made it just fine without a cell phone. Now that I have one, I couldn't go back. I'm afraid the same thing would happen if I get a smart phone. :wink:
by Abe
Tue Aug 11, 2015 5:29 pm
Forum: Personal Consumer Issues
Topic: Anyone not own a Smartphone
Replies: 76
Views: 4086

Re: Anyone not own a Smartphone

I am 71 but I will be 72 this month. :happy
by Abe
Tue Aug 11, 2015 4:56 pm
Forum: Personal Consumer Issues
Topic: Anyone not own a Smartphone
Replies: 76
Views: 4086

Re: Anyone not own a Smartphone

I didn't even have a flat screen TV until the other day when my wife complained about our old set, so I went to Walmart and bought one. The sound was so bad, I returned it. Now my wife says she likes our old set a lot better now. I didn't get a cell phone for a long time. I finally got one of those ...
by Abe
Tue Aug 11, 2015 10:17 am
Forum: Personal Finance (Not Investing)
Topic: tree root/broken water line question (legal advice needed)
Replies: 17
Views: 1854

Re: tree root/broken water line question (legal advice needed)

Abe - in many parts of the country, meters must be in the basement and water lines must be buried 5 feet or more due to freezing concerns. I'm in MA, and Grt2b's prices seem in-line with what we see here (depending on a few variables). Additionally, the local rules on who owns what part of the line...
by Abe
Mon Aug 10, 2015 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: tree root/broken water line question (legal advice needed)
Replies: 17
Views: 1854

Re: tree root/broken water line question (legal advice needed)

Yes, but to get from the water line in the street to the home requires the use of a jack hammer and a back hoe, and two men to get down to the line and run the new line. In NYC, a job like that will run $5K or so. It happened to my folks and that is exactly what they paid three years ago to run the...
by Abe
Mon Aug 10, 2015 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: tree root/broken water line question (legal advice needed)
Replies: 17
Views: 1854

Re: tree root/broken water line question (legal advice needed)

I replaced my water line (roughly 60 to 70 feet) to my home not long ago. All they had to do was disconnect the line at the meter and at my house. They ran a wire through the existing line from my house to the meter. They then pulled the new line through the old line and reconnected it to the meter ...
by Abe
Mon Aug 10, 2015 11:20 am
Forum: Personal Finance (Not Investing)
Topic: tree root/broken water line question (legal advice needed)
Replies: 17
Views: 1854

Re: tree root/broken water line question (legal advice needed)

The tree roots may not even damage your line. Usually the problem with tree roots is they get into sewer lines. Even if it did damage your line, it's usually not that big a deal to repair a broken water line. I don't think it would be anything you would need to talk to a lawyer about.
by Abe
Sat Aug 08, 2015 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Parent caught up in forex (vietnamese dong) scam... What should I do?
Replies: 50
Views: 7629

Re: Parent caught up in forex (vietnamese dong) scam... What should I do?

I had a cousin who was in to this only it was the Iraqi dinar. I tried to tell him it was a scam but was not successful. Some people you can't help.
by Abe
Sat Aug 08, 2015 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: 28 y/o, Planning for early financial independence and semi-retirement.
Replies: 6
Views: 1014

Re: 28 y/o, Planning for early financial independence and semi-retirement.

Nothing wrong with having goals, but you may be a little too optimistic. As someone has already pointed out, you would need 1 million at a 3% withdrawal rate to have 30k income. Starting with 11k you already have, you would need to invest 30k per year and get around 10% return to reach 1 million in ...
by Abe
Fri Aug 07, 2015 3:04 pm
Forum: Local Chapters and Bogleheads Community
Topic: Congrats to Laura Dogu
Replies: 61
Views: 5818

Re: Congrats to Laura Dogu

Congratulations Laura
by Abe
Wed Aug 05, 2015 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Have you ever encountered hostility because people think you're "rich"?
Replies: 71
Views: 5535

Re: Have you ever encountered hostility because people think you're "rich"?

One time as a joke I put a million dollar bill (play money, of course) on my desk with a little sign that said "My First Million" with a little smiley face. My wife warned me not to do it. She was right. When people saw it, their demeanor quickly changed, they did not think it was funny. I...
by Abe
Wed Aug 05, 2015 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Have you ever encountered hostility because people think you're "rich"?
Replies: 71
Views: 5535

Re: Have you ever encountered hostility because people think you're "rich"?

Once a member of your peer group finds out that you are okay financially, it's not long before everyone else knows too. The conversation goes something like this, "hey, I heard old Abe has more money than he knows to do with". For some reason early on, I was inclined to save and invest. On...
by Abe
Tue Aug 04, 2015 4:41 pm
Forum: Investing - Theory, News & General
Topic: 3 Reasons to Rejoice Higher Interest Rates
Replies: 54
Views: 7253

Re: 3 Reasons to Rejoice Higher Interest Rates

Uncle Pennybags wrote:I noticed the higher rates, they jumped out at me in my money market fund. I used to get 1¢ per month per $1,000. That has shot up to 3¢ a month and it looks like 4¢ next month; that will be 12¢

Let the good times roll.


I'm waiting on 12 cents. That's 1100% increase.
by Abe
Tue Aug 04, 2015 1:24 pm
Forum: Investing - Theory, News & General
Topic: 3 Reasons to Rejoice Higher Interest Rates
Replies: 54
Views: 7253

Re: 3 Reasons to Rejoice Higher Interest Rates

I've been sitting on the sideline with about 2.8 million in cash investments all this time (about 10 years) only getting about 1% or less. :oops: Looking back, I know there are a lot of things I could have done better with this money, but I didn't. After waiting this long, I don't see much point in ...
by Abe
Wed Jul 29, 2015 5:08 pm
Forum: Investing - Theory, News & General
Topic: The forgotten inaccuracies of our small predictions
Replies: 18
Views: 1973

Re: The forgotten inaccuracies of our small predictions

When I go back to a place from my youth after many years have passed, it's not the way I remember it at all. Everything seems smaller. But the place can't be any smaller. It's got to be my perception that has changed.
by Abe
Wed Jul 29, 2015 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Am I just getting old?
Replies: 19
Views: 2345

Re: Am I just getting old?

What is an "executive director"? :)
by Abe
Fri Jul 24, 2015 11:02 am
Forum: Personal Consumer Issues
Topic: Asking for separate checks?
Replies: 88
Views: 6667

Re: Asking for separate checks?

We used to go out with a couple who ordered everything expensive: entrees, appetizers, drinks. My wife and I didn't order expensive stuff. Sometimes this couple would get up and leave the table when the bill came and wouldn't come back until I had paid it. Sometimes we would split the bill, but thei...
by Abe
Mon Jul 20, 2015 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Is now a decent time to buy gold? [Portfolio help]
Replies: 88
Views: 7085

Re: Is now a decent time to buy gold? [Portfolio help]

Gold went down $28.00 today as I'm writing this. Spot price is $1,104.20. I sold some a few days ago for $1,160.00. It was around $1,900. It's going down, not up.
by Abe
Mon Jul 20, 2015 1:45 pm
Forum: Personal Consumer Issues
Topic: 2007 Toyota Camry Issue
Replies: 20
Views: 1626

Re: 2007 Toyota Camry Issue

I had the timing belt and water pump replaced on my 2000 Camry at 140,000 miles in 2013. Total cost was $425.00 at a independent shop. The mechanic previously worked for a Toyota dealer, and he did a good job.
by Abe
Sun Jul 19, 2015 8:07 pm
Forum: Personal Consumer Issues
Topic: How do I fix a hole in this wooden door?
Replies: 42
Views: 2441

Re: How do I fix a hole in this wooden door?

I have several rental properties. This happens all the time. About all you can do is replace the door. These hollow core doors are inexpensive. Goes with the territory.
by Abe
Sat Jul 18, 2015 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Why did you take SS at FRA instead of delaying until 70?
Replies: 69
Views: 8084

Re: Why did you take SS at FRA instead of delaying until 70?

I started taking SS at 62.

Why? A bird in the hand is worth two in the bush.
by Abe
Wed Jul 15, 2015 11:10 am
Forum: Personal Finance (Not Investing)
Topic: I tipped 15% and got a dirty look
Replies: 129
Views: 7015

Re: I tipped 15% and got a dirty look

I don't tip. I mean, we're broke enough that we go to restaurants exactly annually. In one specific month to one specific restaurant. If they want more money, put a higher price on the menu. If the server isn't receiving at least minimum wage, the employer is legally obligated to make up the differ...
by Abe
Wed Jul 15, 2015 10:10 am
Forum: Personal Finance (Not Investing)
Topic: I tipped 15% and got a dirty look
Replies: 129
Views: 7015

Re: I tipped 15% and got a dirty look

Why should the customer have to worry about how much to pay a restaurants employees?

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