Search found 94 matches

Return to advanced search

Re: Son moving to LA - neighborhood/town recommendations?

You gotta tell us more about your son in order to answer that question. You mentioned he's single - is he 18? 25? 35? there's a difference. What does he like to do? Beach volleyaball? Manhattan Beach is the world capital of beach volleyball. Does he like to surf? Manhattan Beach is great for that to...
by playtothebeat
Tue Feb 18, 2014 6:28 pm
 
Forum: Personal Consumer Issues
Topic: Son moving to LA - neighborhood/town recommendations?
Replies: 43
Views: 3055

Re: Is living without credit cards a dangerous idea?

Frankly, i think it's very impractical in today's society to live without a credit card. For instance, you can't buy a meal or a drink on an airplane with cash anymore - has to be plastic (you can use debit, of course). As someone pointed out, I'd use the CCs for large items (for rewards), and you a...
by playtothebeat
Wed Jan 15, 2014 8:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: Is living without credit cards a dangerous idea?
Replies: 66
Views: 2887

Re: Buying/installing a new Washer & Dryer set.

Thanks for the input, all. I'm not sure if simply bleaching it would work for us, if not for the fact that we've been talking for a long time about replacing our washer (it's a top-load agitator; we like the top-load; we don't like the agitator..) I should probably phrase my question/concerns better...
by playtothebeat
Sat Nov 23, 2013 5:17 pm
 
Forum: Personal Consumer Issues
Topic: Buying/installing a new Washer & Dryer set.
Replies: 10
Views: 798

Buying/installing a new Washer & Dryer set.

Over the past few weeks i've noticed an odd (stale?) smell coming from my washer; i'm worried it might be mold or mildew, and with a newborn in the house, that's not something I want to deal with. As such, I spent the last couple of days looking for a new washer and gas dryer set. My laundry room is...
by playtothebeat
Sat Nov 23, 2013 2:26 am
 
Forum: Personal Consumer Issues
Topic: Buying/installing a new Washer & Dryer set.
Replies: 10
Views: 798

Re: HRA or HSA?

To me, the difference between the two in terms of cost (premiums, deductibles, and oop max) is not significant. You say you're in a fairly high tax bracket, so I assume the additional $1000 OOP is not a big deal to you either. I personally like the portability of the HSA, as well as the ability to i...
by playtothebeat
Tue Nov 19, 2013 2:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: HRA or HSA?
Replies: 4
Views: 450

Re: limited FSA with an HSA, help

If i'm not mistaken, it actually depends on your company, rather than IRS or Wageworks. IRS is now permitting the $500 cary-over for FSAs (including limited, I believe), but companies do not have to offer that benefit. Check with your HR. You should also find out whether you have to have funds in th...
by playtothebeat
Tue Nov 19, 2013 2:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: limited FSA with an HSA, help
Replies: 2
Views: 211

Re: Two separate HSAs for me and wife?

@ThePrune:
Can you clarify (B) for me - If my wife choses not to fund her FSA with any pre-tax dollars (and does not get anything from the employer), does that mean I can contribute to the HSA?
by playtothebeat
Wed Nov 13, 2013 5:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: Two separate HSAs for me and wife?
Replies: 5
Views: 515

Two separate HSAs for me and wife?

Like many of us, my wife and I (along with our 1 month old newborn) are going through our health care options for 2014 and have a question I'm hoping someone can help answer, as I've been unable to find an answer online. My employer offers an HSA plan with the following key stats: Rates You + spouse...
by playtothebeat
Wed Nov 13, 2013 2:20 am
 
Forum: Personal Finance (Not Investing)
Topic: Two separate HSAs for me and wife?
Replies: 5
Views: 515

Re: Young Guys [and Gals] Making Good Money

Here's what I suggest you do.. Find a field or fields that interest you. Meet people in those fields and pick their brain about the type of work they do, their lifestyles, etc. Could be something as simple as reaching out to your alma matter and seeing if the career center can set you up for some in...
by playtothebeat
Wed Sep 25, 2013 12:31 am
 
Forum: Personal Finance (Not Investing)
Topic: Young Guys [and Gals] Making Good Money
Replies: 241
Views: 22525

Re: How many big moves have you made in your lifetime?

Moved from Russia to Oregon when I was 12. Spoke some English but not much. That was quite an adjustment.
Then went to college in CA after never having stepped foot in CA. Another cultural adjustment, to say the least..
by playtothebeat
Sun Sep 01, 2013 4:38 pm
 
Forum: Personal Consumer Issues
Topic: How many big moves have you made in your lifetime?
Replies: 76
Views: 5371

Re: Can I get the bank to allow me to rent out my place?

Reach out to your bank and ask. If they say no, they have to show that their rationale is "reasonable" (meaning, it is something that other market participants would agree to be a common practice). The bank will also have to give you an answer in a timely manner (i.e. they can't withold th...
by playtothebeat
Sun Sep 01, 2013 12:41 am
 
Forum: Personal Finance (Not Investing)
Topic: Can I get the bank to allow me to rent out my place?
Replies: 20
Views: 1934

Re: New job with new commute, worth it?

I live in Southern California. Here, a 45-60 minute commute is very typical. My commute was 45 minutes to go from Santa Monica to Downtown LA, and that was about 15 miles..

I'd definitely do it. This also hopefully establishes a higher pay baseline for your next position/job.
by playtothebeat
Tue Aug 27, 2013 10:58 am
 
Forum: Personal Finance (Not Investing)
Topic: New job with new commute, worth it?
Replies: 31
Views: 1874

Re: Insanity in the office kitchen/break room

I got tired of the fact that the coffee in the office tastes burned, so I have a french press in my own office and make a fresh cup every morning. Problem solved.
We have a monthly fridge clean up as well where everything gets thrown out and we bring someone in to scrub it clean
by playtothebeat
Wed Aug 21, 2013 10:55 am
 
Forum: Personal Consumer Issues
Topic: Insanity in the office kitchen/break room
Replies: 32
Views: 3117

Re: Refinance/"Buy" house from the wife?

I'm in Orange county so I'd have to put some money down to qualify for th FHA it looks like, but still far less than 20% for a "traditional" loan. Also , my intent is of course to not do anything illegal. If something like this is non-arms length or illegal, my apologies. You hear of kids ...
by playtothebeat
Fri Aug 16, 2013 10:39 pm
 
Forum: Personal Finance (Not Investing)
Topic: Refinance/"Buy" house from the wife?
Replies: 2
Views: 501

Refinance/"Buy" house from the wife?

I recently got married. My wife purchased a house with her ex husband in 2004, and took out a HELOC in 2006. Combined, the mortgage is $750k. The house value today is somewhere in that same ballpark. The interest rates on the two loans are 6.5% and 8.75% respectively, which is obviously high by toda...
by playtothebeat
Fri Aug 16, 2013 6:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Refinance/"Buy" house from the wife?
Replies: 2
Views: 501

Re: Expected rate of returns

I'm curious to know what people use as their "expected rate of return" when calculating potential growth of the portfolio? I believe this "calculation" should be treated as a cone of uncertainty (just like hurricanes) and should not be calculated as a straight line. My belief is...
by playtothebeat
Wed Aug 14, 2013 12:26 pm
 
Forum: Investing - Theory, News & General
Topic: Expected rate of returns
Replies: 33
Views: 2418

Re: Expected rate of returns

I haven't seen any studies (albeit, I haven't looked hard enough, I'm sure) which would show what a historic rate of return has been on a mixed portfolio given various allocations to stocks/bonds and investment horizon. Has anything like that been published before? I wouldn't use these to determine...
by playtothebeat
Tue Aug 13, 2013 3:27 pm
 
Forum: Investing - Theory, News & General
Topic: Expected rate of returns
Replies: 33
Views: 2418

Expected rate of returns

I'm curious to know what people use as their "expected rate of return" when calculating potential growth of the portfolio? For instance, I know the S&P has returned something like 6.5% since 1871 (post dividends, and adjusted for inflation). That number might be appropriate to use if y...
by playtothebeat
Tue Aug 13, 2013 1:37 pm
 
Forum: Investing - Theory, News & General
Topic: Expected rate of returns
Replies: 33
Views: 2418

Re: New LLC for Rentals Complete - Deed Transfer Issues?

Ok here is an update! I had lunch with a title attorney today and he said he can do a quit cliam deed transfer no problem to get all the deeds into the LLC. He has seen lenders catch that before (usually when tax bills come in if you escrow) and then contact the client about it. In one case a lende...
by playtothebeat
Sun Aug 11, 2013 6:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: New LLC for Rentals Complete - Deed Transfer Issues?
Replies: 35
Views: 2367

Re: Portfolio help for couple expecting twins

I cannot really understand why you did not pay off the student loan and car loan with so much money sitting in the bank. If these are low interest rate car loans (i.e. 0% or 1%), I personally don't see the need for paying them off any sooner than you must, although i am probably a minority in this ...
by playtothebeat
Thu Aug 08, 2013 8:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio help for couple expecting twins
Replies: 8
Views: 570

Re: Pledged asset line vs margin loan

There are no fees and the interest rate is a fixed 3.4% + 90 Day Libor for 5 years. When you say it's fixed at 3.4% + 90 day libor.. do you mean for the entire 5 years, it's fixed at 3.4% + whatever 90 Day libor is at the time you close the loan? Or is it 90 day libor, resetting every 90 days? (I'm...
by playtothebeat
Thu Aug 08, 2013 7:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: Pledged asset line vs margin loan
Replies: 5
Views: 440

HSA investment options

I have an HSA account at Wells Fargo. The balance has just crossed the threshold which allows me to have an "investment" account (as opposed to purely a savings account). Here are the options I have: WF ADV CASH INV MONEY MKT-SVC 0.5% ER WF ADV CORE BOND FUND-ADM 0.7% ER WF ADV HIGH INCOME...
by playtothebeat
Thu Aug 08, 2013 1:28 pm
 
Forum: Investing - Help with Personal Investments
Topic: HSA investment options
Replies: 1
Views: 212

Re: Career Transition Question

Do you have enough money saved up to last for a year or more of low income? I'm assuming you'll have a low base salary, with majority of your income dependent on your sales volume. If you do, go for it. If you're not happy at your job, make a move. Having a well paying job is one thing, but happines...
by playtothebeat
Fri Aug 02, 2013 3:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: Career Transition Question
Replies: 10
Views: 1046

Re: Dave Ramsey close to 100% stock

Dave Ramsey also referred to the S&P500 index as "SNP" in his blog posts
by playtothebeat
Thu Aug 01, 2013 11:40 am
 
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey close to 100% stock
Replies: 65
Views: 6199

Re: New Honda Accord v/s CPO BMW 328i

We ran the numbers, and as long as we keep the car through the warranty period, which we absolutely plan to do, I come out on top given all the "major" services which are coming up. Somebody is coming out ahead and I doubt it's you! :? I should have clarified - we come out ahead on the ex...
by playtothebeat
Tue Jul 30, 2013 11:42 pm
 
Forum: Personal Consumer Issues
Topic: New Honda Accord v/s CPO BMW 328i
Replies: 88
Views: 8907

Re: New Honda Accord v/s CPO BMW 328i

Buy the BMW, and get the extended warranty so that you're covered completely. I think they have them up to 100k miles, possibly even more. I just bought extended warranty and the extended service plan for our 2010 528i. Yes, it cost me $5k total (i think $4800 total, actually). However, i'm covered ...
by playtothebeat
Tue Jul 30, 2013 5:21 pm
 
Forum: Personal Consumer Issues
Topic: New Honda Accord v/s CPO BMW 328i
Replies: 88
Views: 8907

Re: Wells Fargo - Sent Unsolicited Credit Cards

Seems very strange. I don't think a company can simply open up a CC in your name. Something is fishy. You sure these are CCs and aren't some debit cards from a rebate you are supposed to get? (a lot of companies now send a Visa debit card instead of a check)

I'd call them.
by playtothebeat
Mon Jul 29, 2013 4:31 pm
 
Forum: Personal Finance (Not Investing)
Topic: Wells Fargo - Sent Unsolicited Credit Cards
Replies: 16
Views: 943

Re: Anyone own "Triple Net" properties?

... the minority of investors that do take out recourse loans ... are the amateurs. And the banks know this. The point of my previous post. That's inaccurate. It's a matter of trading off recourse for other terms - as someone else pointed out, you may be able to get a non-recourse loan at X leverag...
by playtothebeat
Mon Jul 29, 2013 11:37 am
 
Forum: Personal Finance (Not Investing)
Topic: Anyone own "Triple Net" properties?
Replies: 24
Views: 2564

Re: Age 24: How should I allocate my excess cash flow?

I would increase 401k contributions. Every additional dollar you put in your 401k, you save 29 cents in taxes. Your highest student loan at 6.8% is very small in comparison. 6.8% student loan interest means its a guaranteed return of 6.8% on your money. The S&P 500 has returned 6.7% since 1850 ...
by playtothebeat
Mon Jul 29, 2013 11:33 am
 
Forum: Personal Finance (Not Investing)
Topic: Age 24: How should I allocate my excess cash flow?
Replies: 19
Views: 1512

Re: Age 24: How should I allocate my excess cash flow?

When you said your living expenses are $2000-2200/month, before any debt, and you live in AZ, I assumed you have a mortgage (figured you might view everything other than your mortgage as "debt"). However, I kept reading and saw you rent a house, and pay only about $550/month. What do you s...
by playtothebeat
Mon Jul 29, 2013 11:30 am
 
Forum: Personal Finance (Not Investing)
Topic: Age 24: How should I allocate my excess cash flow?
Replies: 19
Views: 1512

Re: Anyone own "Triple Net" properties?

derringer, not sure if your statement is accurate. There is a huge market for non-recourse financing, albeit it's usually for larger deals. Most of everything below ~$5MM will be recourse. I can tell you that I have a lot of non recourse loans in my portfolio (again, larger size) and there is a lot ...
by playtothebeat
Sun Jul 28, 2013 10:42 pm
 
Forum: Personal Finance (Not Investing)
Topic: Anyone own "Triple Net" properties?
Replies: 24
Views: 2564

Re: Falling behind the age / salary curve?

Here's how I would look at it. What do you want to do for a living? Does your current job get you closer to that ultimate goal? Or would you advance your career by switching to another company? Perhaps your friends are making more money than you, but are they advancing their careers at the same time...
by playtothebeat
Fri Jul 26, 2013 1:48 pm
 
Forum: Personal Finance (Not Investing)
Topic: Falling behind the age / salary curve?
Replies: 31
Views: 3532

Re: Nutrition Bars

Larabars are fantastic.
ThinkThin bars are good as well, although they have more ingredients which I'm not a fan of. I like simplicity - the less ingredients, the better. On that note, instead of eating bars, why not get some almonds, pistachios, and walnuts? It'll be cheaper and better for ya
by playtothebeat
Fri Jul 26, 2013 1:04 pm
 
Forum: Personal Consumer Issues
Topic: Nutrition Bars
Replies: 41
Views: 2600

Re: Anyone own "Triple Net" properties?

I do not own any, but I have been involved in financing of some (I work in commercial real estate lending). I actually had a portfolio of loans secured by about 25 RiteAids (to a single owner) at one point. There is no specific loan rate or requirement; it will depend on a number of factors includin...
by playtothebeat
Fri Jul 26, 2013 1:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: Anyone own "Triple Net" properties?
Replies: 24
Views: 2564

Re: Just another mortgage vs renting thread

Don't forget about HOA fees.. For instance, in Downtown LA, you can buy a condo for like $2,000/month mortgage - cheap, right? Until you remember that HOAs are $800-$1000/month.
by playtothebeat
Thu Jul 11, 2013 2:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Just another mortgage vs renting thread
Replies: 8
Views: 716

Re: engagement ring purchase

First of all, buy what you can afford. Secondly, if you absolutely have to propose in October/November (although I think ultimatums, especially if it's a matter of a few months, are ridiculous, but that's not your question..), but don't have the cash until January, you can always open a new CC with ...
by playtothebeat
Wed Jul 10, 2013 3:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: engagement ring purchase
Replies: 30
Views: 2106

Re: How to get over finance envy

I, too, have financial envy, though from a different angle. My wife and I make a combined $250+, and though we live in a high-cost-of-living area (Orange County, CA), that should be more than sufficient to live a pretty lavish life. We have a modest house. One nice car. Unfortunately, she took out a...
by playtothebeat
Tue Jul 09, 2013 11:19 am
 
Forum: Personal Finance (Not Investing)
Topic: How to get over finance envy
Replies: 167
Views: 16338

Re: Buying a car outright smartest financially?

You already made up your mind about buying the car, and your question was never about whether or not you should do it.. So let's skip that part. If you can find a cheap financing deal, I think that's the best bet. I personally like the flexibility of knowing that if something goes absolutely wrong a...
by playtothebeat
Mon Jul 08, 2013 8:58 pm
 
Forum: Personal Consumer Issues
Topic: Buying a car outright smartest financially?
Replies: 149
Views: 9609

Re: Group term life through employer

Thanks for the input, everyone. I'll get individual coverage outside of work. Any suggestions on where to find reputable policies? I had always been through my employer and never even considered individual. This thread has made some good points. I'm currently paying $200 per year for $500k of covera...
by playtothebeat
Mon Jul 08, 2013 6:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: Group term life through employer
Replies: 43
Views: 2501

Re: Group term life through employer

My understanding is that the cost is guaranteed for as long as I'm employed, but I will look into it. I may also be incorrect about continuation - there is some conflicting info in my benefits book so I'll call HR to confirm what happens if I leave the employer and whether I can continue the policy ...
by playtothebeat
Fri Jul 05, 2013 10:35 pm
 
Forum: Personal Finance (Not Investing)
Topic: Group term life through employer
Replies: 43
Views: 2501

Group term life through employer

I'm trying to decide whether it makes sense to get term life insurance through my employer, on my own, or a combination of both. My employer offers a group term life policy through Minnesota Life, and the cost is quite low. For instance, a roughly $500k policy is about $14/month. The big limitation ...
by playtothebeat
Fri Jul 05, 2013 10:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: Group term life through employer
Replies: 43
Views: 2501

Re: Big Island Hawaii

I just got married in Kauai less than a month ago; when you're there, make sure to go to the Passion Bakery in Kapa'a. Local spot, incredibly delicious. http://www.kinipopovillage.com/passion_bakery.htm I would also highly recommend a boat or helicopter tour of the Napali Coast. Truly spectacular vi...
by playtothebeat
Fri Jul 05, 2013 1:05 pm
 
Forum: Personal Consumer Issues
Topic: Big Island Hawaii
Replies: 45
Views: 3594

Re: Cruise recommendations

I haven't been on a cruise, so can't provide too much advice, but I would say check out costcotravel.com when you are ready to book. I actually had a cruise booked through them this year, but had to cancel for unforeseen reasons. Costco was great to work with, their customer service handled the issu...
by playtothebeat
Mon Jul 01, 2013 8:28 pm
 
Forum: Personal Consumer Issues
Topic: Cruise recommendations
Replies: 14
Views: 1340

Moving internet modem and DirecTV receivers

I have just finished moving my home office from an upstairs room to downstairs. Previously, I had the main internet modem wired in that upstairs room (along with a wireless router), as well as the main home phone base (both serviced through Cox), plus one of my DirecTV receivers. Now that my compute...
by playtothebeat
Mon Jul 01, 2013 7:44 pm
 
Forum: Personal Consumer Issues
Topic: Moving internet modem and DirecTV receivers
Replies: 2
Views: 484

Re: Asking for a (potentially significant) raise

outside of the salary, do you get a bonus that brings you closer to the range you think you should be getting paid? Remember, the stats you're looking at may very well include "all in" compensation, which can be defined in a number of ways (salary, plus any combination of bonus, benefits, ...
by playtothebeat
Mon Jul 01, 2013 1:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: Asking for a (potentially significant) raise
Replies: 66
Views: 4745

Re: Accepted into an investing education program, worth it?

Thanks for the advice so far guys. I'm trying my hardest to spark my interest in doing this program, but I just can't do it. I'm not worried about the workload or the difficulty as I know I can learn it. I listen to people discuss economic policy, interest rates, etc. and I just tune out. Seems out...
by playtothebeat
Fri Jun 28, 2013 1:11 pm
 
Forum: Personal Finance (Not Investing)
Topic: Accepted into an investing education program, worth it?
Replies: 17
Views: 1517

Re: digital camera buying advice

I knew I would get great advice from this website and I did. Finally I pulled the trigger on D5100 with today's ebay deal http://www.ebay.com/itm/330896115913?ssPageName=STRK:MEWNX:IT&_trksid=p3984.m1439.l2649 Thanks so much and appreciate all the responses!! You won't regret it, trust me. Afte...
by playtothebeat
Thu Jun 27, 2013 10:11 pm
 
Forum: Personal Consumer Issues
Topic: digital camera buying advice
Replies: 36
Views: 3315

Re: I have no idea what I want to do as a career

Ask yourself three questions: 1) What do I enjoy doing in terms of activities, hobbies, etc, and what are my interests? 2) Which of these things am I good at, or actually want to be good at? 3) Which of these things have potential for a good income/lifestyle (how you define that is up to you..) ? Wh...
by playtothebeat
Thu Jun 27, 2013 12:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: I have no idea what I want to do as a career
Replies: 80
Views: 4366

Re: Need help with my "fun money"

I'd buy some books first and read them. Then you'll probably change your mind ;) or at least learn a few things about it rather than going in blind.
by playtothebeat
Wed Jun 26, 2013 12:43 am
 
Forum: Investing - Help with Personal Investments
Topic: Need help with my "fun money"
Replies: 17
Views: 1327

Re: Rental property-what price is good?

How are you comparing a "10% cap rate" on a SFH no less, :oops: against a "7%" ??? in the stock market? well, a 10% cap rate implies a 10% rate of return, assuming the variables don't change (i.e. rental rate). I work in commercial real estate, and consider real estate in genera...
by playtothebeat
Wed Jun 26, 2013 12:36 am
 
Forum: Personal Finance (Not Investing)
Topic: Rental property-what price is good?
Replies: 21
Views: 1426
Next

Return to advanced search