Search found 823 matches

Return to advanced search

Re: debt advice needed for family

1. Employer 401k to get the max match. 2. If you have PMI like another poster suggested (although I saw no hint of that in the OP), use emerg fund to pay down mortgage and refi to get rid of that. I would refi to something like the no cost Pen Fed 15/15 - rate is in the 3's and it gives you leeway t...
by Saving$
Thu Jul 24, 2014 8:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: debt advice needed for family
Replies: 9
Views: 962

Re: Patio door recommendations

I work in the industry. You get what you pay for when it comes to the higher end patio doors. Particularly when it comes to before and after customer service and certain types of performance. There are also different grades within different brands. I will say there are certain things that you shoul...
by Saving$
Thu Jul 24, 2014 4:19 am
 
Forum: Personal Consumer Issues
Topic: Patio door recommendations
Replies: 15
Views: 963

Re: Mortgage Prepayment Question

I agree with the OP. When I make a substantial principal prepayment on my mortgage, although the total payment the next month remains the same (the prepayment only shortens the original 30 year term), the portion of the next payment that is interest is substantially reduced, and correspondingly, the...
by Saving$
Tue Jul 22, 2014 10:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Mortgage Prepayment Question
Replies: 40
Views: 2275

Re: Helping My Grandmother

For the immediate, put the $30k into SFGI online account earning 1.01%. That is better than most else out there and a good place while you figure out what to do. OK, she has $30k cash. what is the cash for? - Presumably for emergencies? Is she really going to dip into the $30k if the furnace goes ou...
by Saving$
Tue Jul 22, 2014 10:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Helping My Grandmother
Replies: 54
Views: 3152

Re: Anyone switch to non-branch banking?

Does anyone have any experience with these banks? Quorum Federal Credit Union SFGI Direct Salem Five Direct These are only ones I found with 1% APY Would love info on Quorum FCU SFGI seems good. Have an account with them with no problems; had one glitch when it first opened that was resolved in one...
by Saving$
Sun Jul 20, 2014 12:19 am
 
Forum: Personal Finance (Not Investing)
Topic: Anyone switch to non-branch banking?
Replies: 54
Views: 4315

Re: Tenant request lease agreement is named in LLC?

Yes, there are ALOT of downsides to this. But they can be overcome. I would ask tenant WHY they are doing this. Do they have another primary residence? Is this a weekday place the business is paying for? Is the tenant willing to sign a personal guarantee in addition to the lease, and is the tenant w...
by Saving$
Fri Jul 18, 2014 5:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: Tenant request lease agreement is named in LLC?
Replies: 17
Views: 2199

Re: Wife has no retirement options- is breadwinner

1 - Max your 401k 2 - Max both Roth IRAs 3 - Max any HSA you might have access to 4 - Start piling up funds in tax efficient taxable Vanguard mutual funds (such as the Total Stock Market Index, the Total International Index, and/or the S&P 500 Index). Keep bonds and any REITs in the retirement ...
by Saving$
Fri Jul 18, 2014 5:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: Wife has no retirement options- is breadwinner
Replies: 36
Views: 3206

Re: Wife has no retirement options- is breadwinner

I liked the idea someone mentioned of her establishing her own LLC and contracting with her employer. I wonder what he would think. Are there any negatives to that from his perspective? He might not be allowed to do that legally; that's the only negative I can think of. Normally employers love shif...
by Saving$
Fri Jul 18, 2014 5:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: Wife has no retirement options- is breadwinner
Replies: 36
Views: 3206

Re: Replace Motor or Buy New Washing Machine?

So you save $265 max for an old machine. Here is what I would do (and I also could repair it as you describe but over the years have learned it is not worth it): 1. Unplug the thing and leave it unplugged for about 48 hours. Then plug it back in and see if it works. I have successfully done this wit...
by Saving$
Sun Jul 06, 2014 8:43 pm
 
Forum: Personal Consumer Issues
Topic: Replace Motor or Buy New Washing Machine?
Replies: 24
Views: 1286

Re: Homeowner responsibility for water service line

This is not a good deal. Put the $4.95/month in a savings account to help toward paying if your line ever breaks.
by Saving$
Sun Jul 06, 2014 3:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: Homeowner responsibility for water service line
Replies: 45
Views: 2021

Re: Getting a universal remote that's really universal?

I second the vote for a Logitech Harmony. I have the Monster branded one, which uses a version of the Logitech software. Best $80 I ever spent on electronics.
by Saving$
Sun Jul 06, 2014 1:29 pm
 
Forum: Personal Consumer Issues
Topic: Getting a universal remote that's really universal?
Replies: 12
Views: 1006

Re: Buying adult child a house vs paying their rent

Oh my am I ever familiar with this type of situation. Under no circumstances should mom buy a house for daughter. For all the reasons mentioned above, plus: 1. Now mom pays rent & utils when daughter cannot. If mom buys a house, I can almost 100% guarantee mom will be paying rent 100% of the tim...
by Saving$
Sat Jul 05, 2014 11:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buying adult child a house vs paying their rent
Replies: 37
Views: 4043

Re: Bad paint job - Course of action help pls

I did not read all the responses (so sorry if I repeat), but tried to read all your posts. Technically, your painter must perform the work to the specifications. As a practical matter, conversations don't matter, written document do. What documents did your designer produce? Did the painter base his...
by Saving$
Sat Jul 05, 2014 10:17 am
 
Forum: Personal Consumer Issues
Topic: Bad paint job - Course of action help pls
Replies: 28
Views: 2526

Re: Continue subscribing to local newspaper?

I have an entirely different view on this than the all the previous posters. I live in what is widely regarded as the most corrupt city and state in the country. Something like 10% of all our city alderman go to prison. Jesse Jackson Jr is in prison. Two of the last three governors of Illinois are ...
by Saving$
Fri Jul 04, 2014 7:39 pm
 
Forum: Personal Consumer Issues
Topic: Continue subscribing to local newspaper?
Replies: 86
Views: 6133

Re: Kitchen Remodel - Appliance Brand/Model Recommendations

These sub zero refrig & Wolfe stoves are not very Bogleheadish. A friend has an 8 year old sub zero that is almost impossible to open. Turns out it needs new hinges, which will set them back over $600 for parts and $200 for install. And nothing else but a sub zero will fit in that space. I stron...
by Saving$
Fri Jul 04, 2014 7:24 pm
 
Forum: Personal Consumer Issues
Topic: Kitchen Remodel - Appliance Brand/Model Recommendations
Replies: 47
Views: 3075

Re: "Having the wealth transfer conversation"

You might want to provide (in your Will) for your children to receive their shares in separate trusts rather than outright.... The cost isn't much more than the cost of doing a Will in which they receive their shares outright. Can you please explain this? I thought I've read over and over that the ...
by Saving$
Mon Jun 23, 2014 10:11 pm
 
Forum: Personal Finance (Not Investing)
Topic: "Having the wealth transfer conversation"
Replies: 21
Views: 2981

Re: Suggestions for 1-2 Days in NYC?

I've got similar tastes as you described, and on a recent 3 night, 2 day trip did the following: 911 memorial Central Park MOMA (Museum of Modern Art) on one of their Free Fridays and had a very tasty and affordable meal there also. Guggenheim Museum (for the architecture, not the art) Highline and ...
by Saving$
Sat Jun 21, 2014 10:05 am
 
Forum: Personal Consumer Issues
Topic: Suggestions for 1-2 Days in NYC?
Replies: 51
Views: 3048

Re: Shopping at Costco

My membership is $55/year + my state taxes the membership, putting it at over $60. Prescriptions and alcohol do not require membership in my state. You can buy a Costco gift card on ebay or one of the other sites that resell gift cards. You can probably even get a discount on the gift card. The gift...
by Saving$
Mon Jun 16, 2014 10:24 pm
 
Forum: Personal Consumer Issues
Topic: [can you] shop at Costco [without a membership?]
Replies: 68
Views: 4795

Re: Am I crazy to pay down a 3% mortgage early?

I would not pour all $170k into the house. If house prices drop, it will be a great time to buy your primary residence, but a poor time to sell this one. Then you have all your equity tied up in this house and might not be able to get it out when needed. Also remember in addition to cap gains tax on...
by Saving$
Thu Jun 12, 2014 11:31 pm
 
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay down a 3% mortgage early?
Replies: 41
Views: 4522

Re: Question About Investment Property Refiance

1. Have you figured out the break even duration for the $1700 in closing costs for each of your three options, both in terms of cash flow, and in terms of interest payment differential? Please post it. 2. Is there any chance you would pay this mortgage off early? Is so, when? 3. Do you have plans t...
by Saving$
Thu Jun 12, 2014 10:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: Question About Investment Property Refinance
Replies: 10
Views: 1142

Re: Rent Question

The advice above about submitting first months rent, etc is spot on to show you are serious, but be careful about doing this with the app. Just be clear you are ready and willing to sign a lease and pay as soon as you are accepted. Submitting with the app makes it seem like you are desperate, the LL...
by Saving$
Thu Jun 12, 2014 9:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: Rent Question
Replies: 12
Views: 1766

Re: GoDaddy - Any better options for website hosting?

Google GoDaddy discounts. Some of the deal sites such as fatwallet have an entire collection of coupon / discount codes. There is one for renewals.
by Saving$
Wed Jun 11, 2014 10:07 pm
 
Forum: Personal Consumer Issues
Topic: GoDaddy - Any better options for website hosting?
Replies: 21
Views: 2741

Re: Question About Investment Property Refiance

Try to bargain with them by asking what the rate would be for a no cost refi or a simple rate reset. May be worth it to let them know you area also shopping this at other banks. Chase is one that is doing the Harp refi's on investment property with no closing costs. They will lower the rate, and pic...
by Saving$
Mon Jun 09, 2014 5:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Question About Investment Property Refinance
Replies: 10
Views: 1142

Experience buying services from sites offering discounts

There are a plethora of sites that sell discount "coupons" for various services. Sites like Groupon have expanded from the "deal a day" model to having deals that are posted for weeks or months on end. In addition to Groupon, there is Amazon Local, Living Social, Kudzu, HalfOff.c...
by Saving$
Mon Jun 09, 2014 4:51 pm
 
Forum: Personal Consumer Issues
Topic: Experience buying services from sites offering discounts
Replies: 1
Views: 232

Re: Need Advice on Retiring at 50

Yes, this is plenty on which to retire. 1. Your spending is less than 2% of your assets. 2. What would "this is not enough to retire on" look like? Would it mean driving a car that costs $40k instead of $80k? Would it mean driving that car for 3-4 years instead of new car every year? Would...
by Saving$
Sun Jun 01, 2014 10:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: Need Advice on Retiring at 50
Replies: 8
Views: 1201

Re: Budget for charitable giving

The reason people often suggest your alma mater or a religious organization is a personal connection. Try to think of your charitable giving as not only giving money, but giving to the mission of the organization. Give of your efforts as well. If you find an organization worth your time, surely it w...
by Saving$
Fri May 30, 2014 11:29 pm
 
Forum: Personal Consumer Issues
Topic: Budget for charitable giving
Replies: 39
Views: 2593

Re: Retiring into the poor house in 13 yrs?

You have received very sound advice above. You have PLENTY of income. Your problem is spending, and apparently not knowing where your money is going. What you decide to do about it is up to you, but you have received plenty here to work with. Some of the things that stand out. 1. You have been advis...
by Saving$
Thu May 29, 2014 11:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Retiring into the poor house in 13 yrs?
Replies: 110
Views: 9302

Re: Starting a business question

You need to give us some more specifics. What will the $160k be used for? You say you will be paid a salary. Is your salary funded from the $160ks startup funds this partner is providing? Is there anything else the $160k funds? Some businesses require inventory, or expensive equipment, etc. that mak...
by Saving$
Mon May 26, 2014 3:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: Starting a business question
Replies: 36
Views: 1796

Re: cost indoor sliding door

I will take a stab at trying to understand what you are trying to do and answer your question. Is the sliding door to which you refer a glass sliding door as usually used on a patio? Are you putting the sliding door in a space that currently has a wall with no door openings? If so, cutting the openi...
by Saving$
Sun May 25, 2014 10:39 pm
 
Forum: Personal Consumer Issues
Topic: cost indoor sliding door
Replies: 11
Views: 656

Re: Cheapest option for sending gift cards?

Credit unions often have them for no cost, with no cost to user. Just walk in and purchase.

Amex sometimes has a no purchase fee deal if you buy them direct from the Amex website.
by Saving$
Sun May 25, 2014 10:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: Cheapest option for sending gift cards?
Replies: 15
Views: 907

Re: Found Gift Card with $100 Bal; Any way to ID owner?

The card does have a notice on the back stating to treat the card like cash. I don't think the person registered it because: a) when I went to the site to see if the card had any value, I had to enter a PIN number. To see the pin, I had to scratch off a white coating over the pin on the back of the ...
by Saving$
Sun May 25, 2014 5:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Found Gift Card with $100 Bal; Any way to ID owner?
Replies: 7
Views: 725

Found Gift Card with $100 Bal; Any way to ID owner?

I found a grocery gift card on a local trail used by hikers and bicyclists. I picked it up partly to pick up litter on the trail and partly in case it had value. When I got home I saw someone had written "100" on it with a Sharpie. Checked online and it has exactly $100 balance. There is n...
by Saving$
Sun May 25, 2014 2:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: Found Gift Card with $100 Bal; Any way to ID owner?
Replies: 7
Views: 725

Re: Home purchase, possible asbestos.

Don't let this stop the deal. Get a cost to abate, and for independent oversight during abatement and inspection after. Factor that into the cost of the house. Then move on. This is not really that big of a deal if properly abated. 5 years from now we are going to see threads like this about lead pa...
by Saving$
Sat May 24, 2014 10:55 pm
 
Forum: Personal Consumer Issues
Topic: Home purchase, possible asbestos.
Replies: 13
Views: 1077

Re: How does Billboard leasing work?

Great info. I would really like to find the organizations copy of the latest leases but will probably need to get them from the advertising company. One ray of hope is a rival advertising company sent a letter asking the organization to contact them to discuss opportunities for the billboards. I thi...
by Saving$
Sat May 24, 2014 3:06 pm
 
Forum: Personal Consumer Issues
Topic: How does Billboard leasing work?
Replies: 5
Views: 642

Re: How does Billboard leasing work?

THANK YOU!! Very helpful. Right now the billboard company is paying a paltry yearly "retainer" that works out to less than $100 annually per billboard and says the billboards are not visible and they need to schedule tree trimming, which they claim they cannot do for at least 6 months. How...
by Saving$
Sat May 24, 2014 9:20 am
 
Forum: Personal Consumer Issues
Topic: How does Billboard leasing work?
Replies: 5
Views: 642

How does Billboard leasing work?

Many years ago someone donated land along a major interstate in a nearby community to a local community organization. The land has numerous billboards on it, which should theoretically produce some decent operating income for the organization. The organization has had a long standing (10+ years) con...
by Saving$
Fri May 23, 2014 10:46 pm
 
Forum: Personal Consumer Issues
Topic: How does Billboard leasing work?
Replies: 5
Views: 642

Re: Real Estate Advice

Do not ever buy a property you would not live in yourself. If this property fits that description, buy it as owner occupied so you can get more favorable mortgage rates, liver there for a year or two and then move on or back to an apartment and rent it out. You will have a year or two experience bei...
by Saving$
Thu May 22, 2014 11:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Real Estate Advice
Replies: 26
Views: 2532

Re: advice regarding hard to find HVAC freon leak

You have a 5 year old system still under warranty for parts but not labor. I would NOT replace it. Invest $70 in your own leak detector. If you cant find the leak with it, sell it on ebay. Transaction costs = $20. Call another HVAC service company and explain your situation, ask them what they charg...
by Saving$
Tue May 20, 2014 8:16 pm
 
Forum: Personal Consumer Issues
Topic: advice regarding hard to find HVAC freon leak
Replies: 50
Views: 2784

Re: Best way to sell daughter our rental property

You wrote that the condo has not appreciated much since you bought it in 2009. If that is the case, I would aggressively appeal the tax appraisal, and get that as low as possible. In my area we have until June 1 to do that. I have personally done this on my own property, and did ALOT of research. I ...
by Saving$
Sun May 18, 2014 1:36 pm
 
Forum: Personal Finance (Not Investing)
Topic: Best way to sell daughter our rental property
Replies: 20
Views: 1911

Re: Advice for a private mortgage

Do you trust your son? You can gift him the $37k and hope you raised him right and he will repay you out of the goodness of his heart.

Or you could co-sign on the loan, and be on the title. Once son gets raise, sell your share to son and let him refinance.
by Saving$
Fri May 16, 2014 10:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Advice for a private mortgage
Replies: 12
Views: 806

Re: independent contractor - solo 401k or SEP IRA?

Vanguard's Individual 401k: - Allows you to invest in Vanguard mutual funds only. Admiral shares not available. - Roth option for employee salary deferral available. - Does not allow inbound rollover. Fidelity Self Employed 401k: - Allows you to invest in mutual funds, ETFs, stocks, bonds. I believ...
by Saving$
Thu May 15, 2014 11:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: independent contractor - solo 401k or SEP IRA?
Replies: 11
Views: 672

Re: Income Limit Question(s)

You have it right.
Your traditional IRA prevents you from doing a backdoor Roth without tax consequences. Thus, just use the Roth IRA at work. It probably has higher limits anyway, so you can save more than the $5500.
by Saving$
Thu May 15, 2014 11:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: Income Limit Question(s)
Replies: 12
Views: 930

Re: What is the best brand of 3 ton air conditioner & furnac

I have a neighbor who works for Carrier and also has a side line business of installing and repairing air conditioners and furnace. He can get Carrier hardware at close to cost but usually recommends and installs Goodman. This is because with Carrier he has to report each system he installs. Goodma...
by Saving$
Thu May 15, 2014 11:11 pm
 
Forum: Personal Consumer Issues
Topic: What is the best brand of 3 ton air conditioner & furnace?
Replies: 46
Views: 2596

Re: What is the best brand of 3 ton air conditioner & furnac

1. Seems like too much cooling for that size home, but there is NO WAY to know over the internet. You MUST do (or have done) a manual J calc. If you are reasonably good at these types of things, you can try to do your own here: http://www.loadcalc.net/ The caveat is garbage in/garbage out. You need ...
by Saving$
Thu May 15, 2014 11:08 pm
 
Forum: Personal Consumer Issues
Topic: What is the best brand of 3 ton air conditioner & furnace?
Replies: 46
Views: 2596

Re: What to see and where to eat in Barcelona

You will be fine using public transport and walking. 1. Visit Sagrada Familia, Gaudi's church. Allocate the better part of a day. 2. Go on one of the architecture walking tours that leaves from downtown daily. Allocate 1/2 day. 3. Go walk on the beach. Allocate 1/2 day. 4. Visit the park up on the h...
by Saving$
Sat May 10, 2014 2:00 pm
 
Forum: Personal Consumer Issues
Topic: What to see and where to eat in Barcelona
Replies: 29
Views: 2152

Re: 31 yo single income with 3 small children: What to do?

You got good advice above. In summary: 1. Stop 529 and redirect that money into Roth IRA for you and spouse; this Roth IRA becomes your emergency fund (at $300/month = $3600/year) 2. Rearrange your allocation to lower cost funds. 3. Rearrange your retirement contributions at work to take advantage o...
by Saving$
Sat May 10, 2014 1:57 pm
 
Forum: Investing - Help with Personal Investments
Topic: 31 yo single income with 3 small children: What to do?
Replies: 31
Views: 3786

Re: Anyway around apartment lease rip off?

First, this is not necessarily any rip off. People's circumstances change. Many people inquire about a place and either write in their inquiry they are looking to stay for several years, or looking for one year only, sign the lease and then end up doing the opposite of their originally stated intent...
by Saving$
Sat May 10, 2014 1:42 pm
 
Forum: Personal Consumer Issues
Topic: Anyway around apartment lease rip off?
Replies: 30
Views: 1791

Fidelity "GPS" Asset alloction tool returns "Unknown"

I've been using Fidelity's GPS (Guided Portfolio Summary) to analyze and simplify my asset allocation. A former employers 401k, which I still have, just switched to a new provider. I used the "Add account" feature in Full View to add the account, but in the GPS view, I get only the total. ...
by Saving$
Fri May 09, 2014 8:59 pm
 
Forum: Investing - Help with Personal Investments
Topic: Fidelity "GPS" Asset alloction tool returns "Unknown"
Replies: 0
Views: 208

Re: Good Deal for a rental?

In my area, a deal like that is usually a very poorly done renovation (ie - lipstick on a pig) and in an area with high maintenance/high risk tenants.
by Saving$
Sun May 04, 2014 10:44 pm
 
Forum: Personal Finance (Not Investing)
Topic: Good Deal for a rental?
Replies: 8
Views: 665

Building a House - Self Financed - Suggestions?

Due to an unusual set of converging circumstances, it may be possible to build a house without the need to secure (and pay for) financing. I have identified a lot I would purchase in an existing neighborhood - this is not any sort of builder subdivision type of thing. I've identified an architect ba...
by Saving$
Sat May 03, 2014 6:39 pm
 
Forum: Personal Finance (Not Investing)
Topic: Building a House - Self Financed - Suggestions?
Replies: 5
Views: 659
Next

Return to advanced search