Search found 976 matches

by 2comma
Sun Jun 18, 2017 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Change Auto & Umbrella Insurance after 52 years?
Replies: 21
Views: 1775

Re: Change Auto & Umbrella Insurance after 52 years?

In this day and age I've read it pays to shop your insurance rate every year or two. I think most insurance companies slowly increase their rates hoping you won't check to see if some other company offers a better rate. I see no benefit to being a long time customer.
by 2comma
Wed Jun 14, 2017 1:38 am
Forum: Personal Consumer Issues
Topic: Best windows based laptop
Replies: 24
Views: 1119

Re: Best windows based laptop

I value light and smaller these days so a 13" Asus Zenbook was right for me pricewise. My wife didn't care about size/weight so I bought her a 15" Acer. Both have 256MB SSD's - the difference is astounding speed wise over a physical drive. Neither of us use much storage but if I needed mor...
by 2comma
Tue Jun 06, 2017 11:56 pm
Forum: Personal Consumer Issues
Topic: DIY Toilet Repair Questions
Replies: 6
Views: 848

Re: DIY Toilet Repair Questions

I've also never seen the rubber washers between the tank and the bowl fail but they do put out an incredible amount of black stuff on anything that touches them. I wouldn't worry about it - ours are almost 50 years old and no leaks. As far as the extra parts in the kit; they're made to fit a number ...
by 2comma
Tue Jun 06, 2017 2:30 am
Forum: Personal Finance (Not Investing)
Topic: I'm considering buying a house in the $800k range.. can I?
Replies: 67
Views: 6057

Re: I'm considering buying a house in the $800k range.. can I?

I am on the other side of life at 71 and have been an investor most of the way through. Back when living below your means (LBYM) was the catchphrase. In most cases, especially in a good area like Seattle, the appreciation on a house is proportional to what you put into it. With you income an $ 800k...
by 2comma
Mon May 29, 2017 11:58 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio at EJ but have regrets now
Replies: 37
Views: 3080

Re: Portfolio at EJ but have regrets now

I haven't seen anyone mention that any mutual fund you will own (at EJ or at VG or wherever) will have and expense ratio - ER. So expect to add at least that to your cost of investing with EJ. To give you an idea the total ER I pay at VG for my 401k is .04% The other interesting thing is besides the...
by 2comma
Fri May 26, 2017 1:29 am
Forum: Personal Finance (Not Investing)
Topic: Risky to ask for raise with another offer?
Replies: 28
Views: 2323

Re: Risky to ask for raise with another offer?

If you aren't really interested in the other offer I don't think you have any additional leverage. If you could find a better offer, then you'd have more leverage. In the absence of a better offer you need to convince them that you are due a promotion where the ceiling is higher.
by 2comma
Wed May 24, 2017 8:36 pm
Forum: Personal Consumer Issues
Topic: Rewiring a knob and tube house
Replies: 15
Views: 1744

Re: Rewiring a knob and tube house

K&T is not a fire hazard if its in good condition and has not been hacked/modified or had insulation blown in around it. From a fire safety standpoint the wires themselves are actually safer than modern wiring because the ceramic insulates prevent any direct contact with house framing materials...
by 2comma
Wed May 24, 2017 1:46 am
Forum: Personal Consumer Issues
Topic: Bradford White Electric Water heater?
Replies: 30
Views: 1564

Re: Bradford White Electric Water heater?

How difficult is it for average layperson to change anode in hot water heater? If you have an impact wrench it is a 10 minute job. You just cut off water and power to heater, drain about 10 gallons of water, unscrew the old and insert the new one. Make sure you have enough clearance above your heat...
by 2comma
Sun May 14, 2017 10:10 pm
Forum: Personal Consumer Issues
Topic: Replace floor BEFORE or AFTER New Cabinets?
Replies: 27
Views: 2415

Re: Replace floor BEFORE or AFTER New Cabinets?

I also had the floor put in last. If you put it in first you may not get the dishwasher to fit. And if you put the floor in afterwards, you may be tiling your dishwasher in place. ;) Yes, I've seen it done. Our preference is flooring first. I've done it! I put down tile and it was high enough that ...
by 2comma
Fri May 12, 2017 11:07 pm
Forum: Personal Consumer Issues
Topic: Do I have a problem in the backyard in need of a professional?
Replies: 34
Views: 4067

Re: Do I have a problem in the backyard in need of a professional?

Looks like a crawdad (crayfish/crawfish are the same thing) hole to me. They're more common in rainy seasons or near streams. Smash it flat. More may pop up here and there, just smash them when you see them. They're not a problem. Thanks for answering. We noticed a few around a pond at or neighborh...
by 2comma
Fri May 05, 2017 12:22 am
Forum: Personal Finance (Not Investing)
Topic: Most Common Financial Mistakes
Replies: 108
Views: 14074

Re: Most Common Financial Mistakes

LarryAllen wrote:Not starting savings at a young age.


+1
by 2comma
Fri May 05, 2017 12:14 am
Forum: Investing - Help with Personal Investments
Topic: Pension vs 401k
Replies: 33
Views: 2375

Re: Pension vs 401k

Just to answer some of the questions that have come up: - The pension does have an annual COLA equal to 100% of CPI up to 2%, 75% of CPI from 2-4%, and a max of 6%. - If I leave early, my payout is all of my contributions grown at a 6% interest rate per year It's a tough choice because I think the ...
by 2comma
Mon May 01, 2017 1:53 am
Forum: Personal Finance (Not Investing)
Topic: Dealing with regret
Replies: 102
Views: 8969

Re: Dealing with regret

I didn't start investing until I was 33 and was nowhere near maximizing my 401k so I'm pretty sure I had less than 250k at 40. I upped my contributions with each raise and probably wasn't making max contributions until around age 40. By age 50 I knew better so I upped my contributions to the new max...
by 2comma
Sun Apr 30, 2017 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security options for those born after 01/01/1954
Replies: 17
Views: 1498

Re: Social Security options for those born after 01/01/1954

FiveK, thanks for bringing that up. I was thinking the same thing.
by 2comma
Tue Apr 25, 2017 10:08 pm
Forum: Personal Consumer Issues
Topic: $300+ to remove a racoon. Really?
Replies: 83
Views: 5061

Re: $300+ to remove a racoon. Really?

I tend to DIY but if I was in the business I doubt it would be profitable to do it for much less. If you think their are babies I'd ask how they plan to deal with that. My favorite trapper story was about some girls that had a weekend cabin in the woods and would frequently find field mice that had ...
by 2comma
Mon Apr 24, 2017 9:36 pm
Forum: Personal Consumer Issues
Topic: New job and offer - recruiter sent a wrong $$
Replies: 43
Views: 5105

Re: New job and offer - recruiter sent a wrong $$

Just speculation on my part but maybe the recruiter told the company your current salary. I've read stories where some companies require that information and some base their offer on that. In my day all we talked about was "expected salary". As a conspiracy theory only, perhaps the recruit...
by 2comma
Mon Apr 24, 2017 8:31 pm
Forum: Personal Consumer Issues
Topic: Fiberglass batt in basement ceiling
Replies: 20
Views: 1462

Re: Fiberglass batt in basement ceiling

I can't imagine why you'd want or need airflow between the spaces thru the floor. Any idea what the logic is behind that? I'm thinking about a two story house, even though there usually isn't insulation and if there was it would be there for sound abatement, I doubt much air passes thru the typical ...
by 2comma
Mon Apr 24, 2017 5:55 pm
Forum: Personal Consumer Issues
Topic: DIY Yard Tick Spray?
Replies: 32
Views: 1751

Re: DIY Yard Tick Spray?

It seems flea and tick meds for dogs change every several years - ticks evolve and become resistant. Vets seem to know what is most effective for a given area and ours hasn't recommended Frontline for a few years now. We are using NexGard now and any ticks I find on my two dogs are dead. My understa...
by 2comma
Sat Apr 22, 2017 1:40 am
Forum: Personal Consumer Issues
Topic: Best vacuum cleaner for pet hair?
Replies: 38
Views: 3208

Re: Best vacuum cleaner for pet hair?

I've been sold on Dyson for some time now. When my son and DIL got married I asked what they wanted for a wedding gift and she insisted on the Dyson Animal. They had 2 dogs at the time, now they have three, all shed. I asked her a few weeks ago if she still likes it, she said she loves it. We got ou...
by 2comma
Fri Apr 21, 2017 1:30 am
Forum: Personal Finance (Not Investing)
Topic: Should I cancel my whole life policy?
Replies: 79
Views: 8154

Re: Should I cancel my whole life policy?

Could you define significantly? I have a relative whose parent took out a $500,000 whole life policy on them in 1984, and their death benefit has grown, but currently is only around $650,000 (dividends were not used to offset the annual premium) the death benefit, which has grown and will continue ...
by 2comma
Fri Apr 21, 2017 12:16 am
Forum: Personal Consumer Issues
Topic: Building your own fence
Replies: 35
Views: 2746

Re: Building your own fence

I redid about 120' of fence, by myself - new boards and mostly new 2x4's cross members but kept most of the existing posts. Nothing very difficult about it, like most construction, but it is hard work. I figure you can DIY for roughly 1/2 the cost of paying someone but it's still expensive. I've rea...
by 2comma
Wed Apr 19, 2017 12:34 am
Forum: Personal Consumer Issues
Topic: Buy a new honda or continue with old one
Replies: 33
Views: 3326

Re: Buy a new honda or continue with old one

Assuming you are in reasonable financial shape I think you've surpassed the Boglehead/Millionaire Next Door frugal car expense test. I tell my middle/upper middle class friends that ask that once a car's "personality" gets to be a pain (you can't trust it to get you to work or don't trust ...
by 2comma
Tue Apr 18, 2017 11:52 pm
Forum: Personal Consumer Issues
Topic: Mens Blue Jeans - What are we buying now?!
Replies: 86
Views: 8379

Re: Mens Blue Jeans - What are we buying now?!

Levi's 505's since high school which was over 40 years ago. I'd probably be buried in them except I won't be buried! I haven't had any problems with sizing but several years back I think the thread for the inseams was changed to something more like nylon fishing line so I get some chafe from that, m...
by 2comma
Tue Apr 18, 2017 12:23 pm
Forum: Personal Consumer Issues
Topic: Security deposit issues upon rental move-out. Or, how do I not get ripped off?
Replies: 39
Views: 2828

Re: Security deposit issues upon rental move-out. Or, how do I not get ripped off?

Small claims. These are pretty open and shut and generally a very well regulated area. Most likely once they receive the summons they will simply refund your money and be done with it. Many years ago a friend left his apartment spotless and the management refused to return the deposit. He called th...
by 2comma
Thu Apr 13, 2017 7:35 pm
Forum: Personal Consumer Issues
Topic: Resurfacing Garage Floor
Replies: 11
Views: 1509

Re: Resurfacing Garage Floor

I have not tried resurfacers but I have a dozen or so examples of driveway repairs in the neighborhood where I walk my dogs. Sadly, all of them show failures. If the two sides of the crack are at different heights that indicates settling and odds are pretty high that anything you put over top of it ...
by 2comma
Mon Apr 10, 2017 2:45 am
Forum: Personal Consumer Issues
Topic: Backyard shed, wood or plastic?
Replies: 31
Views: 2945

Re: Backyard shed, wood or "plastic"?

What a timely question (for me at least)! I've been looking at my 15-20 year old metal shed and it's rusting roof and thinking about going with plastic next time. I suspect that a plastic shed would probably last about that long but I haven't done my research on that yet. I'm guessing if you want to...
by 2comma
Wed Apr 05, 2017 3:01 pm
Forum: Personal Consumer Issues
Topic: BH Divers: Liveaboard recommendations
Replies: 24
Views: 1353

Re: BH Divers: Liveaboard recommendations

We've done most of our diving in Cozumel but we do bareboat charter sailboats in the BVI and have done some diving there. I've actually seen the Cuan Law in anchorages. The diving in the BVI was ok but they get this blum (coral reproduction) certain times of the year, I think sometime in the summer,...
by 2comma
Tue Apr 04, 2017 7:54 pm
Forum: Personal Consumer Issues
Topic: Not schlepping furniture down 2 flights of stairs, so what's an economical way to move?
Replies: 35
Views: 2223

Re: Not schlepping furniture down 2 flights of stairs, so what's an economical way to move?

We just helped our DS/DIL with one child move; in fact they had to off load the truck at the fIL's house since they couldn't close on the new house on time so it was almost 2 moves. They had a large support group on both ends and rented a giant Uhaul truck so it was cheap and went pretty quick. But,...
by 2comma
Tue Apr 04, 2017 7:09 am
Forum: Investing - Theory, News & General
Topic: advice on where to put money at age 55 to secure savings in the event of market crash
Replies: 35
Views: 3910

Re: advice on where to put money at age 55 to secure savings in the event of market crash

4) 28% federal tax rate -- I dont know what the state was Assuming you're in TN: There is the Hall Tax which was 6% on interest and dividend income. Current legislation has the tax reducing 1% per year (5% for 2016) until it's repealed in 2022. I was planning on taking SS at 62 since I don't think ...
by 2comma
Mon Apr 03, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Young-ish bogleheads: How much (if any) social security do you expect in retirement?
Replies: 88
Views: 4659

Re: Young-ish bogleheads: How much (if any) social security do you expect in retirement?

Same here I read so many publications about Soc Sec all of which agrees on the fact that by 2024 there will be no money left in SS. A more correct interpretation is that the SS Trust Fund will be depleted. Once/if that happens they will be able to pay out about 75% indefinitely based on incoming re...
by 2comma
Sun Apr 02, 2017 9:33 pm
Forum: Personal Consumer Issues
Topic: Advice on Long-term Health Care Insurance
Replies: 15
Views: 1619

Re: Advice on Long-term Health Care Insurance

Two things keep me from buying LTC. They are increasing rates of existing customers. They usually only cover 3-5 years of NH. I buy insurance to cover me in the event of a catastrophic loss. I can think of many conditions that would put me in a NH for well over 5 years. We'll self insure. We might f...
by 2comma
Sat Apr 01, 2017 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Seller received insurance check for Roof replacement & wants to give check to Buyer
Replies: 7
Views: 815

Re: Seller received insurance check for Roof replacement & wants to give check to Buyer

I would think the seller would be incentivized to use the cheapest shingles available and go for the lowest bid. I would think the buyer would usually want to do the opposite.
by 2comma
Sat Apr 01, 2017 2:16 pm
Forum: Personal Consumer Issues
Topic: Necessary to repair termite damaged woods?
Replies: 6
Views: 817

Re: Necessary to repair termite damaged woods?

I looked at this "fix all" and it wouldn't be my first choice for wood repair. Looks like its just a fiber reinforced cement. If you just fill up the obvious cavities without stabilizing hte surrounding wood the rot can just start again - kind of like bondo'ing a car without sanding all t...
by 2comma
Sat Apr 01, 2017 1:06 am
Forum: Personal Consumer Issues
Topic: help me understand - unlocked iphone vs clean ESN
Replies: 4
Views: 607

Re: help me understand - unlocked iphone vs clean ESN

If you want an unlocked phone (might want to use other carriers) I'd buy it that way. I bought a used iphone on swappa and found the condition they said it was in was correct - almost like new.
by 2comma
Fri Mar 31, 2017 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: When do you plan to die?
Replies: 165
Views: 11648

Re: When do you plan to die?

There's some good data out there that shows people who annuitize live longer on average. Something to think about. Annuitize enough and maybe you live to 120. Oh great, now the Whole Life salesmen will be trying to get people to buy enough to make it to 150... I guess that's what unintended consequ...
by 2comma
Fri Mar 31, 2017 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: When do you plan to die?
Replies: 165
Views: 11648

Re: When do you plan to die?

I am now 67, happy and in good health. Ten to twelve years ago I spent a lot of time in nursing homes watching my parents and the other people there die slowly and miserably. I decided to make my own decision about when it was time to go, rather than just letting nature take it's course. My plan wa...
by 2comma
Fri Mar 31, 2017 10:39 pm
Forum: Investing - Help with Personal Investments
Topic: New Annuity Horror - Any Way Out?
Replies: 5
Views: 710

Re: New Annuity Horror - Any Way Out?

I'm not sure it's the end of the world. If it's an SPIA and she is old enough (good mortality credits) it can be a useful tool. Believe it or not I've read here that Taylor has mentioned he bought an SPIA, in fact I think he staggered two several years apart which would help with the inflation. Of c...
by 2comma
Fri Mar 31, 2017 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off Massive Student Loan Debt with Mortgage Refi?
Replies: 46
Views: 2535

Re: Pay of Massive Student Loan Debt with Mortgage Refi?

Is it possible to live on just your income and for his income to go to the student loans? No, I wouldn't refinance your home (which is nearly paid off) to pay his student loans. I really think this is a generational thing. You're going to get some advice here which, while earnest and honest, isn't,...
by 2comma
Fri Mar 31, 2017 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Medicaid, tax on home sale, 3 owners
Replies: 2
Views: 402

Re: Medicaid, tax on home sale, 3 owners

Just a guess, I'll ask at lunch next week but BIL probably paid 15-20k. It's a small 2Br, 1BA in a run down area. I know he never made any improvements.
by 2comma
Fri Mar 31, 2017 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Medicaid, tax on home sale, 3 owners
Replies: 2
Views: 402

Medicaid, tax on home sale, 3 owners

I have a friend that asked me about taxes on the sale of a house that I have no idea about. His BIL has Parkinson’s, is in assisted living, only has a small amount of money and they just sold his house for $60k. They expect he will have to go on Medicaid soon. Over 5 years ago they changed the deed ...
by 2comma
Thu Mar 30, 2017 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: Quandary of ML Stock Picker vs. VTSMX or VFINX
Replies: 16
Views: 1098

Re: Quandary of ML Stock Picker vs. VTSMX or VFINX

Some KISS advice. Forget about shorter (1 year) term returns, look at decades long returns. You cannot control the markets and it's very unlikely you'll find the lucky few funds that beat it for a while, even a long while. I remember when Peter Lynch and the Contra Fund was all the rage; it outperfo...
by 2comma
Thu Mar 30, 2017 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Divorcing and handling shared and split assets after divorce
Replies: 55
Views: 3516

Re: Divorcing and handling shared and split assets after divorce

Since the house has $200k more equity than the condo, she can somehow compensate for that by not taking the alimony, and/or taking some money out of the 401k, and letting you keep the 20k in cash. Probably won't add up to the 200k she would owe you, but at least the kids can stay living in the fami...
by 2comma
Thu Mar 30, 2017 8:58 pm
Forum: Investing - Theory, News & General
Topic: Cars - possible recession indicator?
Replies: 21
Views: 3430

Re: Cars - possible recession indicator?

I remember the late 70's when inflation was wild and I noticed coal trains were constantly running on the tracks 1/2 mile from my house to the terminals a few miles away. I figured it meant something, maybe a sign of something actionable? To this day I still don't know what it meant. I have the same...
by 2comma
Thu Mar 30, 2017 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Divorcing and handling shared and split assets after divorce
Replies: 55
Views: 3516

Re: Divorcing and handling shared and split assets after divorce

I'm a little surprised you will be able to pay for two homes, two kids, an ex and yourself on $130k/yr. It seems part of the plan is for your ex to find similar employment to pre-SAHM status. Will she be able to? Will she want to? What happens if that part of the plan fails? When I got divorced our ...
by 2comma
Thu Mar 30, 2017 7:31 pm
Forum: Personal Consumer Issues
Topic: Spring Break Trip to Disney World
Replies: 68
Views: 4723

Re: Spring Break Trip to Disney World

When I was a teenager my parents got a family seasons pass to Bush Gardens - The Old Country, Williamsburg, VA. We quickly learned if it rained in the morning, then stopped, we could walk right onto any ride there. I went once with two college friends when it was hot and crowded - a totally differen...
by 2comma
Thu Mar 30, 2017 7:12 pm
Forum: Personal Consumer Issues
Topic: Do I need an electrician? If so how much would it cost?
Replies: 32
Views: 2422

Re: Do I need an electrician? If so how much would it cost?

Thanks all electrician it is. If I'm going to hire electrician I will put in a 2 socket recipticle with the existing light switch. I only thought the combo was a fairly easy DIY but I guess not. Thanks for the input. This is why I ask this forum, I always seem to get a proper answer. genjix if you ...
by 2comma
Thu Mar 30, 2017 12:07 pm
Forum: Personal Consumer Issues
Topic: Do I need an electrician? If so how much would it cost?
Replies: 32
Views: 2422

Re: Do I need an electrician? If so how much would it cost?

I'd think of it as adding a new receptacle in the bathroom - the fixture can be a combo if you want but it will have a separate light circuit and a separate receptacle circuit. The existing 15 amp light circuit won't do you any good. Since it's new it will have to be up to current code and you shoul...
by 2comma
Wed Mar 29, 2017 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Have had money in a managed Merrill Lynch account for years, wondering if I should switch
Replies: 30
Views: 1660

Re: Have had money in a managed Merrill Lynch account for years, wondering if I should switch

Yep, blow you mind. On $250,000 for 30 or 40 years it's amazing! Here is my favorite investment fee calculator http://buyupside.com/calculators/feesdec07.htm. Once you figure out the true fees ML is charging be prepared to be shocked!
by 2comma
Wed Mar 29, 2017 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: When do you plan to die?
Replies: 165
Views: 11648

Re: When do you plan to die?

Everyone tends to overestimate their longevity...snip... Believe it or not, and you can look it up, genetics only account for 25% of how long we will live. Thanks for mentioning the genetics although I assume you meant it in the broader sense of ancestors. It drives me a little crazy how much impor...
by 2comma
Tue Mar 28, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter maxed out credit cards, needs help from me
Replies: 92
Views: 5193

Re: Daughter maxed out credit cards, needs help from me

I like your plan - but that assumes you know your daughter. I think the trick is to exert as much control as you feel is needed so that you are sure she learns a valuable life lesson. I would not waste this opportunity. It's your money and she desperately needs your help. As a parent I don't think i...

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