Search found 206 matches

by Devil's Advocate
Thu Dec 14, 2017 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Ameriprise :(
Replies: 29
Views: 2743

Re: Ameriprise :(

I'm sorry to hear about your situation. I am not sure how you can get out of the complex products.

Are these in 401ks/traditional IRAs? Roths? Taxable?

DA
by Devil's Advocate
Wed Dec 13, 2017 4:03 pm
Forum: Personal Consumer Issues
Topic: Access to landlocked timber blocked by landowner
Replies: 30
Views: 3128

Re: Access to landlocked timber blocked by landowner

"The North access could be granted if you had hardcopy documents from the landowner saying he granted permission for you to do so. . .with no time limitation. . .or right of recind" That's exactly what is in the purchase agreement signed by landowner. Thanks Sandtrap. DA I'm not sure what force suc...
by Devil's Advocate
Wed Dec 13, 2017 1:32 pm
Forum: Personal Consumer Issues
Topic: Access to landlocked timber blocked by landowner
Replies: 30
Views: 3128

Re: Access to landlocked timber blocked by landowner

I spoke to the landowner and he stated that the person leasing the hunting ground did not want my vehicle on the north side of the timber because it affected the way the deer traveled. In situations like this, where there is no compromise (old father and pregnant wife), all you can do it fight fire...
by Devil's Advocate
Tue Dec 12, 2017 11:58 am
Forum: Personal Consumer Issues
Topic: Access to landlocked timber blocked by landowner
Replies: 30
Views: 3128

Re: Access to landlocked timber blocked by landowner

"The North access could be granted if you had hardcopy documents from the landowner saying he granted permission for you to do so. . .with no time limitation. . .or right of recind"

That's exactly what is in the purchase agreement signed by landowner.

Thanks Sandtrap.

DA
by Devil's Advocate
Tue Dec 12, 2017 11:00 am
Forum: Personal Consumer Issues
Topic: Access to landlocked timber blocked by landowner
Replies: 30
Views: 3128

Re: Access to landlocked timber blocked by landowner

Curious - are any of the responses here by attorneys that specialize in this kind of law? I know real estate can be different, but OP has a signed agreement from the current land owner that he can access the land from the north, and precedent has been set for 5 years in regards to what access from ...
by Devil's Advocate
Tue Dec 12, 2017 10:41 am
Forum: Personal Consumer Issues
Topic: Access to landlocked timber blocked by landowner
Replies: 30
Views: 3128

Re: Access to landlocked timber blocked by landowner

I may be way off on this, but it sounds like deer hunting is the primary focus and not hiking. It also sounds like you've probably set up a nice blind on the North because the deer bed in the South and you're waiting for them to come in. You don't want to stir them up on your way to the blind (if y...
by Devil's Advocate
Tue Dec 12, 2017 9:39 am
Forum: Personal Consumer Issues
Topic: Access to landlocked timber blocked by landowner
Replies: 30
Views: 3128

Re: Access to landlocked timber blocked by landowner

A square 40 acre parcel would be about 1/4 mile on a side. Is it feasible to create a path, rather than a road, from the south side, with a crude bridge over the stream? The creek floods often so creating a bridge across could prove problematic. Plus pushing the deer away by driving thru the timber...
by Devil's Advocate
Tue Dec 12, 2017 8:41 am
Forum: Personal Consumer Issues
Topic: Access to landlocked timber blocked by landowner
Replies: 30
Views: 3128

Re: Access to landlocked timber blocked by landowner

I guess we had his written agreement to allow us access to the north. My father naively assumed he didn't need the easement.

I agree with all of you that this debacle could have been avoided at the purchase.

Seems like selling may be the best bet.

DA
by Devil's Advocate
Tue Dec 12, 2017 7:44 am
Forum: Personal Consumer Issues
Topic: Access to landlocked timber blocked by landowner
Replies: 30
Views: 3128

Re: Access to landlocked timber blocked by landowner

If it were me, and I wasn't too emotionally invested in the land, I'd sell it and walk away (if you don't get good news from your lawyer). Landlocked land is usually bad news, particularly if you don't have hard and fast legal access. Even if you get this sorted out and everything goes back to norm...
by Devil's Advocate
Tue Dec 12, 2017 7:18 am
Forum: Personal Consumer Issues
Topic: Access to landlocked timber blocked by landowner
Replies: 30
Views: 3128

Re: Access to landlocked timber blocked by landowner

Not sure given the agreement, but should have had an easement designated and in the title. I actually own a similar piece of land, except I’m the one that you have to access through to get to a 20 acre parcel. There is no easement and it’s not on the title work. When I bought the land I politely to...
by Devil's Advocate
Tue Dec 12, 2017 6:41 am
Forum: Personal Consumer Issues
Topic: Access to landlocked timber blocked by landowner
Replies: 30
Views: 3128

Re: Access to landlocked timber blocked by landowner

I should add that the only decent way to get to this north side of the property is through his field. There is a fairly large Creek that divides the property. Also most of the deer that we would be hunting bed on the south side of the property and we would have to drive by them and then walk all the...
by Devil's Advocate
Tue Dec 12, 2017 6:39 am
Forum: Personal Consumer Issues
Topic: Access to landlocked timber blocked by landowner
Replies: 30
Views: 3128

Access to landlocked timber blocked by landowner

Bogleheads, My father purchased a landlocked 40 acre timber a few years ago to sell timber and for recreational activities ie. hunting, hiking, etc. The seller of the timber owns all the adjacent property. There is a deed which grants access to the south side of the timber. In the final purchase agr...
by Devil's Advocate
Sat Dec 09, 2017 7:54 pm
Forum: Investing - Theory, News & General
Topic: Trying to nail down asset allocation for second bucket
Replies: 43
Views: 1564

Re: Trying to nail down asset allocation for second bucket

I don't know how your asset allocation should change over time in the period from retirement to the onset of significant income. I have an intuition that it shouldn't change by very much. The issue would be strongly affected by what fraction of your assets you need to consume to get through the ini...
by Devil's Advocate
Wed Nov 29, 2017 3:23 am
Forum: Personal Finance (Not Investing)
Topic: A good friend has nearly $1M in BitCoin what do I tell him?
Replies: 147
Views: 15262

Re: A good friend has nearly $1M in BitCoin what do I tell him?

Granted, he “saw the light” nearly 4 years ago, when BTC was $114. He bought $10K worth. I’m thinking it might be time to take some profits. He is a working stiff, but also a business man and a smart one at that. His opinion is that if if it goes to zero, $10K won’t break him, but if he sells, he m...
by Devil's Advocate
Wed Nov 29, 2017 1:37 am
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 93
Views: 8624

Re: Can I afford a $1,400,000 house

Yes, you are both Doctors. The rules you live by are different than the rest of us. It is very unlikely that either of you will ever be out of work for long or ever take a pay cut. Sorry, Being a physician does not change the math. If anything the situation is worse since physician burnout is a fai...
by Devil's Advocate
Tue Nov 28, 2017 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 93
Views: 8624

Re: Can I afford a $1,400,000 house

Yes, you are both Doctors. The rules you live by are different than the rest of us. It is very unlikely that either of you will ever be out of work for long or ever take a pay cut. Sorry, Being a physician does not change the math. If anything the situation is worse since physician burnout is a fai...
by Devil's Advocate
Sat Nov 25, 2017 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: the psychology of a taxable account
Replies: 29
Views: 2595

Re: the psychology of a taxable account

I max out tax all deferred accounts every year available to me. I am thinking of starting a taxable account. I am also thinking of paying down some low interest mortgage debt in lieu of the taxable account (forced savings). Tax deferred accounts are easy for me to mentally categorize as 'untouchabl...
by Devil's Advocate
Wed Nov 22, 2017 8:57 am
Forum: Personal Finance (Not Investing)
Topic: HELOC to Maximize Retirement Contribution
Replies: 32
Views: 2911

Re: HELOC to Maximize Retirement Contribution

I don't disagree Klang. Good analysis as usual.

DA
by Devil's Advocate
Wed Nov 22, 2017 8:21 am
Forum: Personal Finance (Not Investing)
Topic: HELOC to Maximize Retirement Contribution
Replies: 32
Views: 2911

Re: HELOC to Maximize Retirement Contribution

1) If you use those tax-advantaged space, you will pay more tax in the future. Plus, paying interest on the HELOC now. So, why do you want to do this? KlangFool, Thank you. I thought that I will accumulate wealth if I pay a lower rate for HELOC than the rate of return of my investments. Is this tru...
by Devil's Advocate
Mon Nov 20, 2017 4:51 am
Forum: Personal Finance (Not Investing)
Topic: HELOC to Maximize Retirement Contribution
Replies: 32
Views: 2911

Re: HELOC to Maximize Retirement Contribution

I'm sorry but this sounds like an awful idea. Borrowing against your house to fund a tax deferred account so you can pay your children's education. What could go wrong? I suppose losing your house if you become unable to make the payments is the big one. What about funding a 529 if you are able to d...
by Devil's Advocate
Sun Nov 19, 2017 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14097

Re: Dave Ramsey says don't use credit cards, even if you pay them off

Dave's number one sin is claiming one can safely withdraw 12% per year of retirement funds. However as of late he stays that even if I'm half right you'll still have plenty of money. A 6% withdrawal rate is also not a safe withdrawal rate.

DA
by Devil's Advocate
Sun Nov 19, 2017 6:58 pm
Forum: Personal Consumer Issues
Topic: service life of (walk behind) lawn mower?
Replies: 45
Views: 2950

Re: service life of (walk behind) lawn mower?

I have a 10 yr old Toro mower with wheel assist. The wheel assist cable broke a year ago. My lawn is 1/3 of an acre only and it's a pretty good workout since I have a nice incline in the back yard. I have done zero maintenance. Haven't changed the oil once. The safety cable broke this spring. I jury...
by Devil's Advocate
Sat Nov 18, 2017 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: To buy or not to buy...house buying question (budget)
Replies: 17
Views: 1807

Re: To buy or not to buy...house buying question (budget)

Payoff your student loans ASAP and rent within radius required. Renting in a less desirable location for the short term will pay huge dividends in the future. You will be able to buy your house with the amenities you wish for without feeling guilty. Delaying gratification has paid well for me thus f...
by Devil's Advocate
Sat Nov 18, 2017 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Smoothing out a Property Tax bill
Replies: 13
Views: 813

Re: Smoothing out a Property Tax bill

That's the way I do it.

DA
by Devil's Advocate
Sat Nov 04, 2017 12:10 pm
Forum: Personal Consumer Issues
Topic: portable propane heater that's easy to turn on?
Replies: 10
Views: 668

Re: portable propane heater that's easy to turn on?

Wow Crazy coincidence. I bought a Mr. Buddy portable heater and couldn't get the ignition to start either! The reviews and you tube videos show that it should start easily. I returned mine and got another one today. I am waiting to try again. I suspect you received a faulty one as well. DA This you...
by Devil's Advocate
Tue Oct 31, 2017 5:39 pm
Forum: Personal Consumer Issues
Topic: portable propane heater that's easy to turn on?
Replies: 10
Views: 668

Re: portable propane heater that's easy to turn on?

Wow

Crazy coincidence.

I bought a Mr. Buddy portable heater and couldn't get the ignition to start either! The reviews and you tube videos show that it should start easily. I returned mine and got another one today. I am waiting to try again. I suspect you received a faulty one as well.

DA
by Devil's Advocate
Sat Oct 28, 2017 3:20 pm
Forum: Local Chapters and Bogleheads Community
Topic: Thank you Boglehead.org
Replies: 24
Views: 2193

Re: Thank you Boglehead.org

It's great isn't it?! So fortunate to have this community.

:sharebeer

DA
by Devil's Advocate
Mon Oct 23, 2017 3:09 pm
Forum: Personal Consumer Issues
Topic: Favorite HIIT Workouts
Replies: 24
Views: 1806

Re: Favorite HIIT Workouts

Mountain tactical institute Bodyweight foundation course... Will finish 6 week course this week. Just did 8 mi jog in 75 minutes Lots of High intensity intervals and short sprints with long easy runs as well. Really increased my endurance. Workout scales to fitness level. Definitely recommend. Train...
by Devil's Advocate
Mon Oct 23, 2017 3:08 pm
Forum: Personal Consumer Issues
Topic: what is your weekly workout routine?
Replies: 68
Views: 4676

Re: what is your weekly workout routine?

Mountain tactical institute Bodyweight foundation course... Will finish 6 week course this week. Just did 8 mi jog in 75 minutes Lots if High intensity intervals and short sprints with long easy runs as well. Really increased my endurance. Workout scales to fitness level. Definitely recommend. Train...
by Devil's Advocate
Sat Oct 21, 2017 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: just hit the two comma club today...some thoughts
Replies: 37
Views: 5734

Re: just hit the two comma club today...some thoughts

seligsoj wrote:
Sat Oct 21, 2017 4:32 pm
Leemiller wrote:
Fri Oct 20, 2017 6:33 pm
Congratulations! That kind of investment starts to do some heavy lifting for you!

Are you going to celebrate?
No celebrations yet. My husband joked that we should celebrate by splitting a Subway sandwich. :).
That's hilarious! Congratulations that is impressive.

DA
by Devil's Advocate
Thu Oct 12, 2017 11:22 am
Forum: Personal Consumer Issues
Topic: Mechanic expects me to pay for his mistake
Replies: 41
Views: 3390

Re: Mechanic expects me to pay for his mistake

Get the mechanic to cover difference between whatever the Ford settlement is and the actual cost to get your truck fixed. Those folks saying the mechanic has no liability in this are simply wrong. You engaged him to repair the problem, not break off tools into your truck's engine. If he knew of the...
by Devil's Advocate
Thu Oct 12, 2017 10:59 am
Forum: Personal Consumer Issues
Topic: Mechanic expects me to pay for his mistake
Replies: 41
Views: 3390

Re: Mechanic expects me to pay for his mistake

Get the mechanic to cover difference between whatever the Ford settlement is and the actual cost to get your truck fixed. Those folks saying the mechanic has no liability in this are simply wrong. You engaged him to repair the problem, not break off tools into your truck's engine. If he knew of the...
by Devil's Advocate
Thu Oct 12, 2017 9:06 am
Forum: Personal Consumer Issues
Topic: Mechanic expects me to pay for his mistake
Replies: 41
Views: 3390

Re: Mechanic expects me to pay for his mistake

I guess that is the Crux of my main issue is that the mechanic did know of this risk but did not inform me. That may have changed whether or not I would have changed the plugs. The issue I was having in the first place is very intermittent and has been there off and on for a couple years. I thought ...
by Devil's Advocate
Thu Oct 12, 2017 7:05 am
Forum: Personal Consumer Issues
Topic: Mechanic expects me to pay for his mistake
Replies: 41
Views: 3390

Re: Mechanic expects me to pay for his mistake

I think what I am going to do is to have a conversation with the mechanic in a non-confrontational way. Will lay out the fact that he did not warn me ahead of time of the inherent risks of changing spark plugs in this era of truck. I certainly did not sign anything. I will not threaten him with a la...
by Devil's Advocate
Thu Oct 12, 2017 7:00 am
Forum: Personal Consumer Issues
Topic: Mechanic expects me to pay for his mistake
Replies: 41
Views: 3390

Re: Mechanic expects me to pay for his mistake

The problem is in this location it is a fairly small community and I doubt another mechanic will lay blame on the original mechanic.

DA
by Devil's Advocate
Wed Oct 11, 2017 9:59 pm
Forum: Personal Consumer Issues
Topic: Mechanic expects me to pay for his mistake
Replies: 41
Views: 3390

Re: Mechanic expects me to pay for his mistake

Jainn,

The mechanic told me that he broke off that tool in the engine.

DA
by Devil's Advocate
Wed Oct 11, 2017 9:51 pm
Forum: Personal Consumer Issues
Topic: Mechanic expects me to pay for his mistake
Replies: 41
Views: 3390

Re: Mechanic expects me to pay for his mistake

Not only do I want to know your opinions on whether or not he is liable I also would like to know whether or not I should go ahead and have it repaired or sell as is.

DA
by Devil's Advocate
Wed Oct 11, 2017 9:49 pm
Forum: Personal Consumer Issues
Topic: Mechanic expects me to pay for his mistake
Replies: 41
Views: 3390

Re: Mechanic expects me to pay for his mistake

No...he didnt.

My brother knew this was an extremely common problem and switched my parents spark plugs and coils. He researched it on the internet and did some pretreatment. He is not even a mechanic and his didn't break off. But the mechanic did not tell me of the risks.
by Devil's Advocate
Wed Oct 11, 2017 9:43 pm
Forum: Personal Consumer Issues
Topic: Mechanic expects me to pay for his mistake
Replies: 41
Views: 3390

Mechanic expects me to pay for his mistake

Small town mechanic broke off spark plug in my 2006 F150. 140,000 miles. Worth around 7k before this problem. He can't fix it and wants me to pay $2400 to another shop to pull engine and have them fix. Was running fine with some intermittent stuttering so I took him my truck to replace spark plugs a...
by Devil's Advocate
Mon Sep 25, 2017 11:04 am
Forum: Personal Consumer Issues
Topic: Do you avoid risky adventures once you have the money?
Replies: 71
Views: 4396

Re: Do you avoid risky adventures once you have the money?

The wife and I went to Kauai this February on our 10th anniversary. We both jumped off the cliff at Shipwreck Beach. 55 ft drop into the ocean. I hate heights. But I saw a few others jumping and the straw that broke the camel's back was watching some teenagers do it. I thought what the heck. And did...
by Devil's Advocate
Fri Sep 08, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: For those planning early retirement....
Replies: 67
Views: 9181

Re: For those planning early retirement....

Everyone is different. I spent enough time in DC that the free events you mention got old after awhile, and in any case were never enough to outweigh the negatives of the weather, crowds protesting different issues, traffic, issues with metro, crime, etc. I ended up in a place where the weather is ...
by Devil's Advocate
Tue Aug 29, 2017 10:59 am
Forum: Personal Consumer Issues
Topic: My experience with buying from Hertz
Replies: 15
Views: 2479

Re: My experience with buying from Hertz

The wife and I purchased a 2012 Nissan Altima from Hertz rent to buy 4 years ago. The car was about 2000 less than Kelley Blue Book. I drove 3 hours to Chicago to test drive and purchase after reserving. So far we have been very happy with our purchase. I took the car to my mechanic right after purc...
by Devil's Advocate
Sat Aug 12, 2017 10:33 pm
Forum: Investing - Theory, News & General
Topic: The Mathematics of Retirement Investing
Replies: 123
Views: 15420

Re: The Mathematics of Retirement Investing

At what time then would you suggest adding bonds North Texas Cajun?

DA
by Devil's Advocate
Thu Aug 10, 2017 3:42 am
Forum: Personal Finance (Not Investing)
Topic: Opinions Needed - Are We Good?
Replies: 32
Views: 3048

Re: Opinions Needed - Are We Good?

I like the 2 year plan of working and keeping expenses low too. Perhaps the knowledge that you don't need the job will make it less unpleasant. For me I notice when I changed my perceptions and expectations about work I can change how I feel when I'm at work. Being FI allows you to take less crap. G...
by Devil's Advocate
Wed Aug 09, 2017 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Save to buy home on cash
Replies: 17
Views: 1572

Re: Save to buy home on cash

Wife and I are saving for next home purchase in 5 year time frame. We decided to go 60/40 in our taxable account earmarked for new home. Will also sell current mortgage free home then as well. Our tax deferred and Roth's are roughly 75/25. We are maxing out all tax advantaged accounts including HSA....
by Devil's Advocate
Sun Jul 09, 2017 5:35 pm
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 228
Views: 21345

Re: Buying house - Very important decision

And then there is a whole set of people who can't really afford the large and expensive houses but buy them anyway, even though it's a significant financial mistake to do so, because they face peer pressure from coworkers or friends, their realtors assure them it's okay, or they irrationally take o...
by Devil's Advocate
Sun Jul 09, 2017 5:31 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's advice on investing?
Replies: 57
Views: 5146

Re: Dave Ramsey's advice on investing?

Not many. His investing advice really sucks...bad.

DA
by Devil's Advocate
Tue Jul 04, 2017 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: "What I Learned From My 'Faux-tirement'"
Replies: 33
Views: 7318

Re: "What I Learned From My 'Faux-tirement'"

A few years ago I was deep in the MMM thought process of extreme early retirement...then reality blossomed in my mind. As a 40ish year old man with 2 young children and a pregnant wife I likely won't be able to take extended vacations (~greater than 2 weeks) anyway. Very much like the white coat inv...
by Devil's Advocate
Mon Jul 03, 2017 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy this house?
Replies: 50
Views: 5040

Re: Should I buy this house?

This is bordering on the absurd. Are we being trolled here ?!

DA