Search found 1533 matches

by BW1985
Thu Jun 22, 2017 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: House Closing is Tomorrow! Here are the Closing fees .... am I being ripped off?
Replies: 22
Views: 2271

Re: House Closing is Tomorrow! Here are the Closing fees .... am I being ripped off?

I paid $575 application fee but lender paid for the $500 appraisal (via lender credit). This stuff can be negotiated at the beginning when you're choosing your lender.

You can also get quotes from various titling companies and negotiate their rates. I saved $100 doing that.
by BW1985
Sun Jun 18, 2017 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating a House Using Seller's Agent (opinions wanted)
Replies: 75
Views: 2780

Re: Negotiating a House Using Seller's Agent (opinions wanted)

Also, a house of similar size on the same street just sold for $330,000. The lot is not flat and there is only a 2 car garage, but it would be considered a comp. This would suggest that the home for sale would not appraise high enough for a loan in the range the sellers are asking for. A buyer's ag...
by BW1985
Sun Jun 18, 2017 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating a House Using Seller's Agent (opinions wanted)
Replies: 75
Views: 2780

Re: Negotiating a House Using Seller's Agent (opinions wanted)

Use the seller's agent against them... Speak with the seller's agent and offer to list your current property with them if you close the deal for the new house. Up your offer by $5k so the seller's agent has something positive to talk about. Watch and enjoy as the "seller's" agent convince...
by BW1985
Fri Jun 16, 2017 3:30 pm
Forum: Investing - Theory, News & General
Topic: Amazon Buys Whole Foods
Replies: 101
Views: 9850

Re: Amazon Buys Whole Foods

Amazon is on the low price/value end and WF is currently on the higher priced/premium end so this will be interesting. They both provide excellent customer experiences though IMO and I enjoy shopping at both. The WF in Chicago and Charlotte are the nicest grocery stores I've ever been to. Where in ...
by BW1985
Fri Jun 16, 2017 11:01 am
Forum: Investing - Theory, News & General
Topic: Amazon Buys Whole Foods
Replies: 101
Views: 9850

Re: Amazon Buys Whole Foods

Amazon is on the low price/value end and WF is currently on the higher priced/premium end so this will be interesting.

They both provide excellent customer experiences though IMO and I enjoy shopping at both. The WF in Chicago and Charlotte are the nicest grocery stores I've ever been to.
by BW1985
Tue Jun 13, 2017 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 553
Views: 134409

Re: Share your net worth progression

We've estimated that the last one probably cost us an extra $90,000 - $100,000 total since was born in 2012. Maybe a little more. That is on the high side considering the following quote: The average cost of raising a child born in 2013 up until age 18 for a middle-income family in the U.S. is appr...
by BW1985
Tue Jun 13, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus
Replies: 190
Views: 19335

Re: Capital One 360 $200 bonus

Finally got my bonus, had to call customer service to get it. They were very nice about it though.

Citi on the other hand I'm done with. Never got my bonus miles from their American Airlines card.
by BW1985
Mon Jun 12, 2017 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 553
Views: 134409

Re: Share your net worth progression

LFKB wrote:Full update for the two of us below

2008: graduated college - maybe $40k
2009: $100k
2010: $200k
2011: $400k
2012: $620k
2013: $850k
2014: $1.15M
2015: $1.6M
2016: $2.1M
2017: $2.8M


How did you do that?? What's your income?
by BW1985
Thu Jun 08, 2017 10:57 pm
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 6951

Re: Dave Ramsey Financial Peace University ??? worth it?

Quite unfortunate that his 12% (now 10%) returns are pretty lofty and potentially dangerous. Still 12% as of listening a couple days ago. It's easy to average that if you look for good growth stock mutual funds, it's not rocket science according to him. He also doesn't believe in bonds so even reti...
by BW1985
Thu Jun 08, 2017 11:48 am
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 6951

Re: Dave Ramsey Financial Peace University ??? worth it?

Dave is a behavior coach and has successfully brought that mentality into personal finance advice. I don't think it's fair to call it a scam. Five years ago, we were disorganized with our money. We started listening to and mostly following Dave Ramsey's advice. It changed our habits and we can draw...
by BW1985
Wed Jun 07, 2017 3:41 pm
Forum: Personal Consumer Issues
Topic: Cricket Wireless Groups
Replies: 26
Views: 1740

Re: Cricket Wireless Groups

Can people have different plans within the same group? If so how does the pricing work? I just assumed it would be the 5 lines for $100 ($20/each) but if someone has the unlimited plan I'm guessing it won't be.
by BW1985
Wed Jun 07, 2017 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Buy car in cash ... or invest / lease
Replies: 26
Views: 2251

Re: Buy car in cash ... or invest / lease

wondering if they'd lower the price if I offered to pay in full ... never really considered doing this, but now in a position to do so (helps being over the whole "luxury car" thing) again, I have til December was just trying to get the boglehead consensus. thinking larger down payment / ...
by BW1985
Wed Jun 07, 2017 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Housing is too expensive.
Replies: 49
Views: 6160

Re: Housing is too expensive.

Move to a LCOL area. We live in a beautiful suburb in West Tennessee and have our house on the market. It is 5,000 sf, on a one acre lot, and is eight years old with many upscale features. Listing price $639,900. Our total incomes were just above the $140,000 top you mention, we invested well, and ...
by BW1985
Wed Jun 07, 2017 1:31 pm
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 6951

Re: Dave Ramsey Financial Peace University ??? worth it?

His podcasts are free and it's the same information over and over and over... and exactly what you'd get in the class. So that is a free option. As others have said the real benefit to the class may to be get on the same page and same commitment level with your spouse. The class just facilitates tha...
by BW1985
Tue Jun 06, 2017 3:59 pm
Forum: Personal Consumer Issues
Topic: Mouse In Apartment
Replies: 39
Views: 3771

Re: Mouse In Apartment

We had one in our house, still no idea how it got in. Cat chased it behind the fridge one night otherwise it could've been awhile before we knew it was in the house. Snap trap w/ peanut butter worked the same day. IMO the glue traps or anything else that tortures the things are pretty sick and shoul...
by BW1985
Tue Jun 06, 2017 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Financially independent and then market crashes?
Replies: 54
Views: 5809

Re: Financially independent and then market crashes?

SWR of 4% (25x) is based on 30 year drawdown. People FI in their 30's and 40's need a lower SWR / more like 33x.
by BW1985
Tue Jun 06, 2017 1:51 pm
Forum: Personal Consumer Issues
Topic: Cricket Wireless Groups
Replies: 26
Views: 1740

Re: Cricket Wireless Groups

DSInvestor wrote:You can still get a $25 credit for every successful referral you make, up to $250 in credits a year. Download the Cricket Rewards app today to start referring.


Thanks. Didn't realize it had changed.
by BW1985
Tue Jun 06, 2017 1:39 pm
Forum: Personal Consumer Issues
Topic: Cricket Wireless Groups
Replies: 26
Views: 1740

Re: Cricket Wireless Groups

I run a group over there and its fine. I Don't share the username/password or PIN number, everyone paypals me $20 per month (or higher depending on their plan). I claim all the referrals in exchange for managing the group. Plus I am able to stock up on the sales at target/best buy for refill cards ...
by BW1985
Tue Jun 06, 2017 11:48 am
Forum: Personal Consumer Issues
Topic: Cricket Wireless Groups
Replies: 26
Views: 1740

Re: Cricket Wireless Groups

I run a group over there and its fine. I Don't share the username/password or PIN number, everyone paypals me $20 per month (or higher depending on their plan). I claim all the referrals in exchange for managing the group. Plus I am able to stock up on the sales at target/best buy for refill cards ...
by BW1985
Tue Jun 06, 2017 11:23 am
Forum: Personal Consumer Issues
Topic: Cricket Wireless Groups
Replies: 26
Views: 1740

Re: Cricket Wireless Groups

I have one spot open in my group if anyone wants in. $20/mo

OP, PM me if you want to join my group. It's just my wife and my parents right now.
by BW1985
Mon Jun 05, 2017 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 4569

Re: Spouse returning to work. How to keep low stress lifestyle?

I have a great job and enjoy what I do (low 6 figure salary, 7 week’s vacation, 5 minute commute, no stress, total flexibility, can work from home and great co-workers) and we’d like to keep things simple like they are now but still have him work in some capacity. Any thoughts or ideas? Where do I ...
by BW1985
Sun Jun 04, 2017 5:02 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Preferred
Replies: 11
Views: 1503

Re: Chase Sapphire Preferred

I transfer to Hyatt and United.
by BW1985
Tue May 30, 2017 10:37 am
Forum: Personal Consumer Issues
Topic: Multiple seat belt tickets- options?
Replies: 36
Views: 3753

Re: Multiple seat belt tickets- options?

Pay up and take the points penalty hit. Come on - this is 2017 - absolutely no reason any judge will be lenient on "I didn't know there was a seatbelt law for kids". Are you serious you didn't know the law?!!! I mean it's in every study guide for taking your DL exam. And is usually on tes...
by BW1985
Wed May 24, 2017 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 76
Views: 9361

Re: Net worth is overrated

sunny_socal wrote:Maybe thread should be called "Net worth is misunderstood." It's not cash flow. It's ALL assets and ALL liabilities. Period.


:thumbsup
:sharebeer
by BW1985
Tue May 23, 2017 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 76
Views: 9361

Re: Net worth is overrated

I never understand when people say my net worth is X but that doesn't include Y assets. No, that's not your net worth. Net worth is all assets - all liabilities. If you only consider your 401k/IRA's/ect. then call it your investable assets because that's what it is. Just a pet peeve I guess. +1 &qu...
by BW1985
Tue May 23, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 76
Views: 9361

Re: Net worth is overrated

Net worth is a useful document that essentially states your present net worth. Also, as the OP states, there is a lot of variability in what people put in a net worth statement which makes it difficult to compare with others. It seems it is used more on this site for bragging rights. For some or a ...
by BW1985
Mon May 22, 2017 4:33 pm
Forum: Personal Consumer Issues
Topic: Luxury Vinyl: Educate Me
Replies: 15
Views: 2226

Re: Luxury Vinyl: Educate Me

Used vinyl in our bathrooms, installed it ourselves and people mistake it for tile looking at it. We used this product: https://www.menards.com/main/footer/company-information/about-us/cyber-monday-2017/tarkett-reg-urban-classic-sheet-vinyl-12-ft-wide/p-1444444778028.htm?primaryMeas=144.0 http://i34...
by BW1985
Mon May 22, 2017 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 76
Views: 9361

Re: Net worth is overrated

I think the opposite is true. As the number of people with pensions continues to decline and the future state of social security unknown, net worth is all you can truly count on because you control it.
by BW1985
Sun May 21, 2017 3:49 pm
Forum: Personal Consumer Issues
Topic: blackout curtains
Replies: 19
Views: 2559

Re: blackout curtains

Ikea blackout roll shades + black out curtains from Target. One of these was not enough, we needed both.

The shades let light in through cracks in the side and the curtains by themselves were not enough.
by BW1985
Sun May 21, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Do you keep extra money available for investing
Replies: 37
Views: 3395

Re: Do you keep extra money available for investing

This is often called dry powder around here.

Our emergency fund in extra large and yes I do consider some of that dry powder.
by BW1985
Fri May 19, 2017 10:47 am
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Re: Refinishing roughed in stairs - removing carpet

I talked it over with my wife and we think this is the best option for us because we already have this flooring on our main level and I also won't need to cut off the 2x bullnose, this would wrap right over it. More money then we wanted to spend but in the grand scheme have to go with the best opti...
by BW1985
Fri May 19, 2017 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Buy 1st House Cash?
Replies: 20
Views: 1560

Re: Buy 1st House Cash?

If OP already knows that his family will want a bigger/more expensive home, then I would personally aim to put down a large downpayment (at least 20%) on the larger home. Buying and selling a home comes with some pretty hefty transaction costs (movers/truck rental, opportunity costs for the time in...
by BW1985
Thu May 18, 2017 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Buy 1st House Cash?
Replies: 20
Views: 1560

Re: Buy 1st House Cash?

Yes I chose to keep the money invested in taxable (total stock) and take out a 15 year fixed rate instead. I put 20% down. So far it's worked out favorably.
by BW1985
Thu May 18, 2017 8:53 pm
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Re: Refinishing roughed in stairs - removing carpet

This is very helpful, thank you. Where did you screw them down? I'm not sure what on the tread ends means. I don't see any screws in your picture though. And just curious why do you call it rough 2x stairs? What does 2x mean? I ran a screw in about 1-1/4" back from the front bull nose edge, an...
by BW1985
Thu May 18, 2017 6:39 pm
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Re: Refinishing roughed in stairs - removing carpet

This is very helpful, thank you. Where did you screw them down? I'm not sure what on the tread ends means. I don't see any screws in your picture though. And just curious why do you call it rough 2x stairs? What does 2x mean? I ran a screw in about 1-1/4" back from the front bull nose edge, an...
by BW1985
Thu May 18, 2017 4:30 pm
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Re: Refinishing roughed in stairs - removing carpet

Really nice!! So you removed the existing rough tread or did you put the new tread on top of the old one? I'm not sure what you mean by cut the bullnose off. I left the rough 2x stairs in place, just like yours look in the picture now. But the tread did project past the riser a little. Like yours d...
by BW1985
Thu May 18, 2017 3:51 pm
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Re: Refinishing roughed in stairs - removing carpet

Very nice. How did your existing treads look though, was the tread flush with the riser? My tread sticks out so if I put those oak treads on top then the bullnose would stick out even further and depending on that front thickness there could be a gap underneath. Hope that makes sense. My treads had...
by BW1985
Thu May 18, 2017 3:38 pm
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Re: Refinishing roughed in stairs - removing carpet

I finished two staircases very similar to yours last year using the oak treads that slide over the existing builder grade treads. I used white risers. I bought all of the supplies from Lowe's, stained, and applied two coats of satin polyurethane so that the treads match the oak floors in the rest o...
by BW1985
Thu May 18, 2017 3:04 pm
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Re: Refinishing roughed in stairs - removing carpet

Living in an older home our stairs are a little steeper than recommended these days. We had carpet which is actually dangerous as it is too easy for someone wearing slippers or any smooth soled shoe to skid on the steps. I stripped all the carpet, pulled nails and staples, filled holes, and finishe...
by BW1985
Thu May 18, 2017 2:43 pm
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Re: Refinishing roughed in stairs - removing carpet

Here's a very inexpensive way to finish rough steps into elegance and functionality: Stairway Gets A New Look Additional advantages: fill the gaps with any product that's sandable and hardens. This very project is actually on my August docket. If it piques your interest, I can send you other helpfu...
by BW1985
Thu May 18, 2017 1:57 pm
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Re: Refinishing roughed in stairs - removing carpet

That looks a lot like my results. Here's an in progress image. The risers are primed, the treads are finished. I'm test fitting the parts. The railing is gone -- to be replaced later. You can just see a raw step at the top. I recall now I used a Sawsall to remove the 2X bull nose that was under the...
by BW1985
Thu May 18, 2017 1:31 pm
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Re: Refinishing roughed in stairs - removing carpet

You should use oak for the treads. The trim and railing of your staircase is white oak from the looks of it. I would use the same thing and try to match the stain. Pine is not going to look as good if you go with a wood finish. Pine is not nearly as durable either. You could use a pine or poplar bo...
by BW1985
Thu May 18, 2017 9:11 am
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Re: Refinishing roughed in stairs - removing carpet

That piece in the back just looks like a spacer, letting the rough treads be made out of standard dimensional lumber. That piece should be taken out along with the tread. If your new tread of choice is not wide enough (front to back) you could look for wider treads, or buy extra and rip the same sp...
by BW1985
Thu May 18, 2017 9:11 am
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Re: Refinishing roughed in stairs - removing carpet

I've remodeled a similar set of stairs. Removed the existing tread and replaced with solid hardwood treads. These are available at Home Depot and other home centers. Cap the risers with matching 1/4" plywood. Finish with several coats of poly. I glued (construction adhesive) and screwed the tr...
by BW1985
Thu May 18, 2017 8:43 am
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Re: Refinishing roughed in stairs - removing carpet

I've remodeled a similar set of stairs. Removed the existing tread and replaced with solid hardwood treads. These are available at Home Depot and other home centers. Cap the risers with matching 1/4" plywood. Finish with several coats of poly. I glued (construction adhesive) and screwed the tr...
by BW1985
Thu May 18, 2017 7:48 am
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Re: Refinishing roughed in stairs - removing carpet

I'm wondering is it would end up working out better (and maybe be easier and maybe less expensive) to have the staircase completely replaced with stairs that are stained and fitted to the area. There may be a point where cutting/patching/staining is more work then a simple replacement. We renovated...
by BW1985
Thu May 18, 2017 7:46 am
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Re: Refinishing roughed in stairs - removing carpet

I've remodeled a similar set of stairs. Removed the existing tread and replaced with solid hardwood treads. These are available at Home Depot and other home centers. Cap the risers with matching 1/4" plywood. Finish with several coats of poly. I glued (construction adhesive) and screwed the tr...
by BW1985
Thu May 18, 2017 7:42 am
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Re: Refinishing roughed in stairs - removing carpet

I've remodeled a similar set of stairs. Removed the existing tread and replaced with solid hardwood treads. These are available at Home Depot and other home centers. Cap the risers with matching 1/4" plywood. Finish with several coats of poly. I glued (construction adhesive) and screwed the tr...
by BW1985
Wed May 17, 2017 9:46 pm
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 44
Views: 1774

Refinishing roughed in stairs - removing carpet

Looking for some advice.. We removed the carpet and planned on cleaning up the rough wood underneath- sanding, painting and caulking the gaps between the stair and molding. Problem is, the gaps are larger than we thought, like 1/2" or so, can't caulk that! I'm thinking of adding sheets of 1/4&q...
by BW1985
Wed May 17, 2017 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Tax Planning for retired parents
Replies: 10
Views: 847

Re: Tax Planning for retired parents

They are retired yes. Dad started SS at 62, Mom plans to start taking at 62 - their earnings are comparable. Mom is questioning why she would wait until 70. If she takes SS early then she will probably be maximizing her federal + state tax rates and minimizing the SS income that the last to die sur...

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