Search found 497 matches

by steadyeddy
Thu Jun 25, 2015 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Couples and money and compatibility
Replies: 38
Views: 4003

Re: Couples and money and compatibility

We started in category 2 and moved to category 1 (which is part of the definition of category 2). Without her I'd be a joyless miser. Without me she'd be a poorer free spirit. Within a couple years of getting married we both moved to the center and our lived were enriched for it.
by steadyeddy
Thu Jun 25, 2015 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Landlording Tips
Replies: 33
Views: 4643

Re: Landlording Tips

For what it's worth, my units in large apartment complexes were always shown in the final month I was still in the unit. I think it is customary to do so in my part of the country. I don't own a rental, but I imagine I might someday. I don't know of many other legitimate ways make money part-time wh...
by steadyeddy
Wed Jun 17, 2015 5:04 pm
Forum: Personal Consumer Issues
Topic: "Phantom" Tipping
Replies: 68
Views: 10742

Re: "Phantom" Tipping

My understanding is that the tip line is meaningless. The credit card issuer only cares about the total written. You could write: Bill: $100 Tip: $5 Total: $125 The actual, legal tip is then $25. Are you confident a mistake like this isn't the issue here? I am confident that most people in this thr...
by steadyeddy
Wed Jun 17, 2015 2:56 pm
Forum: Personal Consumer Issues
Topic: "Phantom" Tipping
Replies: 68
Views: 10742

Re: "Phantom" Tipping

My understanding is that the tip line is meaningless. The credit card issuer only cares about the total written. You could write:

Bill: $100
Tip: $5
Total: $125

The actual, legal tip is then $25. Are you confident a mistake like this isn't the issue here?
by steadyeddy
Fri Jun 05, 2015 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Argument for buying vs. renting
Replies: 6
Views: 632

Re: Argument for buying vs. renting

In my opinion the best argument for buying over renting is that imputed rent is not taxable. If retiree A uses $500k of nestegg to pay rent, the income used to pay that expense is taxable. If retiree B uses $500k to purchase and maintain an owned residence, the imputed income is not taxable. All oth...
by steadyeddy
Fri Jun 05, 2015 2:30 pm
Forum: Investing - Theory, News & General
Topic: Warning Signs [Economic health indicators]
Replies: 246
Views: 26609

Re: Warning Signs

This sort of discussion is why I use a target date fund. It's nice to have automated AA selection so I don't have an excuse to tinker.
by steadyeddy
Thu Jun 04, 2015 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Divorcing over finances.
Replies: 70
Views: 6344

Re: Divorcing over finances.

Thank you all for the reminder to go home and hug my wife.
by steadyeddy
Mon Jun 01, 2015 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Your opinion on realistic income to live in a $1 million home?
Replies: 144
Views: 11783

Re: Your opinion on realistic income to live in a $1 million home?

As others have said, this is both a question of math and values. I could scrimp to afford a million dollar home on maybe $200k of income, perhaps even less if I can find a 40 year, interest-only mortgage! But my values being what they are, I probably wouldn't buy a million dollar home in my current ...
by steadyeddy
Mon May 25, 2015 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Question about Citi Double Cash Card
Replies: 45
Views: 6448

Re: Question about Citi Double Cash Card

The Double Cash card allowed me to retire the Fido Amex and CapOne Quicksilver. +1 I was happy to simplify from two cards to one, but was approved for only about a $6k credit limit that could not be raised online and could only be raised to $7,200 over the phone without a hard pull. I've never in m...
by steadyeddy
Thu May 21, 2015 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: How much does social security factor into your retirement income?
Replies: 169
Views: 12539

Re: How much does social security factor into your retirement income?

I'm 28, so any assumption about SS is just a big, hairy, audacious guess. The same goes for speculation about market returns, career progression, and whether I'll wake up tomorrow. I save 20% of gross, enjoy life, and cross my fingers. I'll let you know how it goes.
:sharebeer
by steadyeddy
Tue May 12, 2015 2:04 pm
Forum: Personal Consumer Issues
Topic: Paying or Not Paying Extra for Amazon Delivery
Replies: 19
Views: 2142

Re: Paying or Not Paying Extra for Amazon Delivery

About the time prime came into existence, regular shipping started taking an eternity. Three weeks is not unusual from order to arrival. My belief is they slowed it down on purpose to drive people to pay for prime. My solution is to shop elsewhere when feasible. +1 I used to receive shipments from ...
by steadyeddy
Tue May 12, 2015 8:14 am
Forum: Investing - Theory, News & General
Topic: "Why Would an Experienced Investor Buy a Target-Date Fund?"
Replies: 38
Views: 5140

Re: "Why Would an Experienced Investor Buy a Target-Date Fund?"

I pay 7 basis points for a Vanguard TDF as my sole holding in my 401k. My desire to tweak the TDF AA a little here and a little there is exactly why I chose to cut myself out of the decision making process. The cost is low and the behavioral barrier to tinkering is worth something me.
by steadyeddy
Fri May 08, 2015 1:26 pm
Forum: Personal Consumer Issues
Topic: Shared Fence Issue with (Commercial) Neighbor
Replies: 10
Views: 1300

Re: Shared Fence Issue with (Commercial) Neighbor

Thats funny, because the fence you're building will leave the property owner just as liable to the car crash damage scenario they described to you.
by steadyeddy
Wed May 06, 2015 8:36 am
Forum: Investing - Theory, News & General
Topic: Vanguard Personal Advisor Services now live
Replies: 38
Views: 5974

Re: Vanguard Personal Advisor Sevices now live

It will be easy to lose faith in the church of Vanguard if you hold them to an impossible standard. As long as they don’t change the ownership/operating model that benefits me as a fund owner, they can do pretty much anything else they want. I don’t criticize my grocery story for heavily advertising...
by steadyeddy
Tue May 05, 2015 3:45 pm
Forum: Personal Consumer Issues
Topic: Used vehicle purchase disaster
Replies: 37
Views: 3935

Re: Used vehicle purchase disaster

I'm extremely confused by those stating that he should be happy with a half price transmission. He purchased the vehicle with a warranty provided by the dealer. Apparently, the dealership screwed something up, and the warranty wasn't valid. Not his fault. Something broke that should be covered by t...
by steadyeddy
Mon May 04, 2015 8:10 pm
Forum: Personal Consumer Issues
Topic: Used vehicle purchase disaster
Replies: 37
Views: 3935

Re: Used vehicle purchase disaster

I'm extremely confused by those stating that he should be happy with a half price transmission. He purchased the vehicle with a warranty provided by the dealer. Apparently, the dealership screwed something up, and the warranty wasn't valid. Not his fault. Something broke that should be covered by t...
by steadyeddy
Mon May 04, 2015 7:04 pm
Forum: Personal Consumer Issues
Topic: Used vehicle purchase disaster
Replies: 37
Views: 3935

Re: Used vehicle purchase disaster

That is unlucky, but a half-price transmission fix actually sounds like a very equitable offer to me. I wouldn't personally pursue legal action over such a small amount when the dealer has already shown they're trying to do the right thing.
by steadyeddy
Mon May 04, 2015 4:56 pm
Forum: Personal Consumer Issues
Topic: Will you buy self-driving car?
Replies: 235
Views: 10606

Re: Will you buy self-driving car?

They all come safely to a halt, possibly spilling the passengers coffee, and wait patiently for the first car to get it's bearings / reboot / be towed. Unlike most drivers the cars will know what their safe following distance is and operate accordingly. But then, how will they account for variable ...
by steadyeddy
Mon May 04, 2015 2:54 pm
Forum: Personal Consumer Issues
Topic: Will you buy self-driving car?
Replies: 235
Views: 10606

Re: Will you buy self-driving car?

I doubt they would even ban manually driven cars--or at least not for a very long time. Just let them decline naturally like manual transmissions. Maybe every so often after a tragedy legislators will debate "car control" laws and the National Driver Association (NDA) will lobby against it...
by steadyeddy
Mon May 04, 2015 2:22 pm
Forum: Personal Consumer Issues
Topic: Will you buy self-driving car?
Replies: 235
Views: 10606

Re: Will you buy self-driving car?

It's all speculation. Loser buys the winner a prune juice before we croak.
by steadyeddy
Mon May 04, 2015 2:09 pm
Forum: Personal Consumer Issues
Topic: Will you buy self-driving car?
Replies: 235
Views: 10606

Re: Will you buy self-driving car?

There may be increased car usage, but not necessarily an increase in the total number of cars on the road. Especially if a surge pricing model is used during peak commuting times to regulate supply and demand. Perhaps route-efficient Supershuttle-type services evolve to lower the cost for those on a...
by steadyeddy
Mon May 04, 2015 12:38 pm
Forum: Personal Consumer Issues
Topic: Will you buy self-driving car?
Replies: 235
Views: 10606

Re: Will you buy self-driving car?

I would not buy a self-driving car but I definitely look forward to using Uber-like services for self-driving cars and giving up vehicle ownership. It means I won't need parking at my residence for a car. It means downtown areas especially will need far less parking, creating the ability to build-i...
by steadyeddy
Fri May 01, 2015 9:05 pm
Forum: Personal Consumer Issues
Topic: What sort of MBA is right for me?
Replies: 13
Views: 1149

Re: What sort of MBA is right for me?

Thank you all for the replies! To answer some of your questions and comments: -My understanding is that there is no substantive financial aid for part-time and online programs. -I am open to career change in theory, but I'm not after the Bain or Goldman job your usual HBS grad is targeting. -My empl...
by steadyeddy
Fri May 01, 2015 4:29 pm
Forum: Personal Consumer Issues
Topic: What sort of MBA is right for me?
Replies: 13
Views: 1149

What sort of MBA is right for me?

I’ve read all the MBA threads, but I’d like some personalized input from this community on my situation. I am 28, married, live in Minneapolis, and work in a client services role at a Fortune 100 company. I really like the company, and I have a firm promise from my group’s VP that I will be promoted...
by steadyeddy
Tue Apr 14, 2015 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Does your family know about your net worth (ball park)?
Replies: 98
Views: 11976

Re: Does your family know about your net worth (ball park)?

No, no, and probably yes. I honestly couldn't tell you who in my family has more and who has less, but I know we all have enough to live happy, fulfilling lives.
by steadyeddy
Wed Apr 08, 2015 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: making the switch to Ally Bank
Replies: 51
Views: 4835

Re: making the switch to Ally Bank

Moved from WF to Ally about 18 months ago. I was hesitant to do online banking, but it has truly been a pleasure. One item of note: I needed a certified check quickly, but Ally said it would take ~7 business days. I had to wire the money to a local credit union who then cut the check that same day. ...
by steadyeddy
Fri Mar 27, 2015 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Son graduating college-what to do?
Replies: 39
Views: 3581

Re: Son graduating college-what to do?

I am a recent graduate myself and agree with some others above that a one-time gift is a good idea. A declining bank balance has a wonderful way of creating urgency in a job search. It's also easier to offer occasional, unexpected help than wean a child off the dole after an expectation has been cre...
by steadyeddy
Wed Mar 25, 2015 10:15 am
Forum: Personal Consumer Issues
Topic: A great shave at a great price
Replies: 53
Views: 7391

Re: A great shave at a great price

MG, I'm sorry you're so disheartened. A lot of things in life come down to trade-offs and preference. Dorco works best for me.
by steadyeddy
Fri Mar 20, 2015 9:15 pm
Forum: Personal Consumer Issues
Topic: A great shave at a great price
Replies: 53
Views: 7391

Re: A great shave at a great price

Tried DE razor. Big up front investment, good shave, but it took forever. Been using the 6 blade Dorco razors for about a year now and it's the best, fastest shave I've ever had. Better than the Gillette blades by far. I got a great deal and only paid about 30 cents a blade. They last me about two w...
by steadyeddy
Fri Mar 20, 2015 9:52 am
Forum: Personal Finance (Not Investing)
Topic: To MBA or Not to MBA
Replies: 37
Views: 4897

Re: To MBA or Not to MBA

MBAs part time don't usually get internal recognition within companies and they have less academic prestige than full time programmes. The money for a full time programme is generally only worth it for the top 15 schools and then only if you follow that up with a prestige employer (consulting, bank...
by steadyeddy
Fri Mar 06, 2015 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 7435

Re: Does My Daughter Need A Prenup?

I was watching Downton Abbey this week, so I know all about these "Treasure Hunters" that prey on young women for their family fortunes! :wink: Seriously, his income could quintuple in the next few years, and his family could be fabulously wealthy beyond your wildest dreams. Please recogni...
by steadyeddy
Thu Mar 05, 2015 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA as e-fund, really? Mortgage lender won't count
Replies: 8
Views: 1303

Re: Roth IRA as e-fund, really? Mortgage lender won't count

Not a refinance, but Penfed counted a fraction of retirement assets for my new home purchase (e.g. 50% or so).
by steadyeddy
Wed Feb 25, 2015 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: ETrade or Ameritrade for SIMPLE IRA?
Replies: 4
Views: 294

Re: ETrade or Ameritrade for SIMPLE IRA?

Thank you both, I will look more closely into TD Ameritrade. Buying and selling ETF's is not as simple as a target date mutual fund, but why not learn something new if the price is right? :sharebeer
by steadyeddy
Wed Feb 25, 2015 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: ETrade or Ameritrade for SIMPLE IRA?
Replies: 4
Views: 294

ETrade or Ameritrade for SIMPLE IRA?

My wife is starting a new job and her employer offers a SIMPLE IRA with either Ameritrade or ETrade. My own 401k is 100% in Vanguard Retirement 2050 and I would love to use a similar product for her, but I'm not finding one at low cost. Does anybody else have a SIMPLE IRA or similar at one of these ...
by steadyeddy
Sat Feb 14, 2015 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Freezing credit for college-bound kids?
Replies: 12
Views: 958

Re: Freezing credit for college-bound kids?

I am fairly certain you can get a credit card at 18, but the banks recognize the credit risk that comes with immature borrowers as well as you do. It comes down to parenting style, but my theory is that college is a great time to let her make any mistakes. You can't protect her from herself forever,...
by steadyeddy
Thu Jan 22, 2015 2:46 pm
Forum: Personal Consumer Issues
Topic: Keurig-cup coffee makers - why?
Replies: 139
Views: 14202

Re: Keurig-cup coffee makers - why?

This is embarrassing to admit, but I have no idea how a regular coffee maker even works... My friends who asked me to pick up whipped cream on my way to dinner party and said, "What is THAT?" when I arrived with cream instead of aerosol. They had never seen whipping cream before in their ...
by steadyeddy
Mon Jan 19, 2015 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to buy a house?
Replies: 31
Views: 3384

Re: Can we afford to buy a house?

Put me down in the "you can afford more than $175k" column. $215k is still a relatively modest home for someone with your income and assets. Certainly don't spend more than you have to, but don't make huge sacrifices to stay under an arbitrarily low number. And yes, it pained me a bit to l...
by steadyeddy
Thu Jan 15, 2015 2:30 pm
Forum: Investing - Theory, News & General
Topic: 3%, 10-year CD bought today
Replies: 35
Views: 3607

Re: 3%, 10-year CD bought today

tainted-meat wrote:The yield on VTIAX is 3.4%


Well heck, if you don't care about risk, what's the ruble yielding now?
by steadyeddy
Thu Jan 08, 2015 10:14 am
Forum: Investing - Theory, News & General
Topic: Self-driving cars a threat to Buffett's empire
Replies: 24
Views: 2139

Re: Self-driving cars a threat to Buffett's empire

I believe that over time autonymous cars will reshape a huge number of businesses. Decreases in accidents will impact insurance, auto repair, and emergency healthcare. Reduced labor costs will impact any business that uses vehicles like trucking, livery, waste collection, mail and food delivery, etc...
by steadyeddy
Wed Dec 10, 2014 10:17 am
Forum: Personal Finance (Not Investing)
Topic: thank you note following interview (best way)
Replies: 21
Views: 1580

Re: thank you note following interview (best way)

I was almost passed over for my current role because I sent a note via snail mail. The hiring manager was bothered that I was the only candidate who didn't email to follow up. Luckily she liked me enough to have the recruiter call me about it, and the recruiter reported back that I mailed it and was...
by steadyeddy
Tue Dec 02, 2014 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Buying home without a buyer's agent
Replies: 41
Views: 2090

Re: Buying home without a buyer's agent

When I sign a listing contract the seller and I set a percent, 5 or 6% is the usual. The commission is split between the buyers agent and myself based on what I listed in MLS, ether 50/50 or 45/55. If you don't want a buyers agent I happily handle the whole transaction. :moneybag Wouldn't that caus...
by steadyeddy
Wed Nov 26, 2014 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: I'd like to start managing OPM (other people's money)...
Replies: 15
Views: 1336

Re: I'd like to start managing OPM (other people's money)...

I think the term you want to google is "registered investment advisor" (RIA). Be sure to purchase some E&O insurance, keep very good records, and make your clients repeat "I am going to lose money" three times before they write you their check. And personally, I agree with th...
by steadyeddy
Wed Nov 26, 2014 2:25 pm
Forum: Personal Consumer Issues
Topic: Being woken up by neighbors above me
Replies: 79
Views: 6752

Re: Being woken up by neighbors above me

I've been there and I feel for you, but please don't ask them to walk more quietly. Nobody has a duty to walk on the balls of their feet in their home. It sounds like apartment living is not for you. Live and learn.
by steadyeddy
Tue Nov 25, 2014 9:55 am
Forum: Personal Consumer Issues
Topic: Carrying alternatives for phone, credit cards, money
Replies: 25
Views: 2841

Re: Carrying alternatives for phone, credit cards, money

I try to keep my wallet as slim as possible, but I seem to carry more cards than most and dont know how I could go without any of them.

Drivers license
Work ID
Credit card
Debit card
Corporate credit card
Library card
Bus pass
Car sharing card
Health insurance card
Prescription insurance card
Cash
by steadyeddy
Fri Nov 14, 2014 1:37 pm
Forum: Personal Consumer Issues
Topic: Parents can be forced to pay college tuition in NJ?
Replies: 31
Views: 2058

Re: Parents can be forced to pay college tuition in NJ?

What a fascinating case. The article makes it sound like they didn't even refuse to pay tuition at a school, but rather didn't want to pay for the out-of-state school she opted to transfer into over the summer. I wish I understood the legal precedent better, because it doesn't pass the sniff test.
by steadyeddy
Wed Oct 29, 2014 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Relocation to San Francisco - Advice?
Replies: 23
Views: 1812

Re: Possible Relocation to San Francisco - Advice?

It's not really about the money (and if it was, you should probably stay put). It's about living where you want to live your life. You only get to do it once after all.
by steadyeddy
Wed Oct 22, 2014 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Making an offer today
Replies: 44
Views: 5090

Re: Making an offer today

A side note... In my city and I think many other major cities, if a property is priced relatively correctly, an offer less than 90% of the asking price is usually not received well. In my experience, if I thought the property was priced that incorrectly, I'd just move on down the road and assume th...
by steadyeddy
Mon Oct 13, 2014 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Bought a house, now time to think about retirement (help)
Replies: 27
Views: 2661

Re: Bought a house, now time to think about retirement (help

Also be sure you have an adequate emergency fund now that you own a house. You need to keep paying that mortgage in the event of job loss or all that saving will have been for naught.
by steadyeddy
Thu Oct 02, 2014 4:24 pm
Forum: Personal Consumer Issues
Topic: Changing a flight date
Replies: 24
Views: 2013

Re: Changing a flight date

I agree, it would be nice to have international travel options aside from the Caribbean. I used to be loyal to Delta, but the devaluation in their Skymiles ("sky pesos") program really irked me. I needed a frequent flier TIPS product to keep that European award trip within my grasp! :D
by steadyeddy
Thu Oct 02, 2014 2:56 pm
Forum: Personal Consumer Issues
Topic: Changing a flight date
Replies: 24
Views: 2013

Re: Changing a flight date

This is why I try to fly on Southwest for many US flights. You can get full credit for your unused flight segments if you cancel them before the flight time. They won't refund in cash, but in the form of a credit that is good for a year for other Southwest purchases. Note that you still may have to...

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