Search found 1980 matches

by DiscoBunny1979
Fri May 20, 2016 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Defined benefit plan. Should I "buy" extra years of service?
Replies: 21
Views: 2016

Re: Defined benefit plan. Should I "buy" extra years of service?

I began working for my current employer 11 years ago and it makes all contributions on my behalf to that plan. then you said I am considering buying 10 extra years of service The question I have is since the employer makes all the contributions to the plan, and then you will be buying the extra yea...
by DiscoBunny1979
Wed May 11, 2016 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Buy Lake Cabin and Rent It Out? Stupid?
Replies: 15
Views: 2357

Re: Buy Lake Cabin and Rent It Out? Stupid?

"Hi, I'm 60, and I want to spend a quiet weekend at the lake with my daughter and grand-daughter." Accepted! This is a warning. Just because someone says they are going to spend a 'quiet weekend at the lake with my daughter . . ." doesn't mean that the daughter won't bring her friend...
by DiscoBunny1979
Mon Apr 18, 2016 8:33 pm
Forum: Personal Consumer Issues
Topic: Solar Price Per Watt?
Replies: 25
Views: 2274

Re: Solar Price Per Watt?

I agree with Cindyjrn. I took bids from Sunrun (Lowe's), SolarCity and a California Installer called Solar America (Petersen Dean). The problem with suggesting that costs should be this or that for labor is that it's not just the time the installers take. For instance in our 40 panel installation, p...
by DiscoBunny1979
Wed Feb 17, 2016 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Contacted by three heir locators
Replies: 56
Views: 6656

Re: Contacted by three heir locators

This has been suggested, but I would contact the California Probate Court whatever County the case is in. In some California County websites, one can search on a case by case number. I would explore online first and see what comes up.
by DiscoBunny1979
Tue Feb 09, 2016 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Move to another house after 10 months??
Replies: 35
Views: 2758

Re: Move to another house after 10 months??

I would stay in current home if you wouldn't be able to afford potential problems with a Septic system or Well Water. Septic Systems, even after an inspection, can have problems. Having the Septic inspected though, is a must to qualify for a loan - at least in my state. Certain questions to ask conc...
by DiscoBunny1979
Tue Feb 09, 2016 6:22 pm
Forum: Personal Consumer Issues
Topic: Banned from Home Depot Returns
Replies: 100
Views: 17386

Re: Banned from Home Depot Returns

Home Depot use to be the Bank of Home Depot when you could return any item without a receipt and get CASH. They have tightened up the return policy and it could be that because the purchase was used using a credit from a points card that that is the problem. The only return possible is to either rel...
by DiscoBunny1979
Tue Feb 09, 2016 1:14 am
Forum: Personal Consumer Issues
Topic: Bar/Bat Mitzvah gift question
Replies: 21
Views: 1605

Re: Bar/Bat Mitzvah gift question

Chai is a Jewish word for life. Adding up it's numerical value (not sure how that is done) comes to 18. Because of that; it's traditional to give gifts, donations, etc in increments of $18 ($36,/72/90/108...) While that might be a traditional way of doing things, for the person that's not familiar ...
by DiscoBunny1979
Mon Feb 08, 2016 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: 10% Mortgage Down payment
Replies: 49
Views: 6370

Re: 10% Mortgage Down payment

Most people do not put down the full 20%, I don't know what most people you are referring to. In my opinion, 20% is the minimum one should put down on a house. And, if one can not afford a 15 year mortgage and are considering a 30 year mortgage to double down on it, then they really can't afford th...
by DiscoBunny1979
Fri Dec 25, 2015 1:41 pm
Forum: Personal Consumer Issues
Topic: Burial plans and Being buried in a National Cemetary
Replies: 16
Views: 1368

Re: Burial plans and Being buried in a National Cemetary

I remember reading somewhere that in certain places, like California, being buried in a National Cemetery is getting increasingly difficult as some facilities are filled to capacity for a regular service. Therefore, many are turning to cremation with ashes saved in a National Cemetery. This supposed...
by DiscoBunny1979
Sun Dec 13, 2015 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Solar panels purchase as an inflation indexed bond
Replies: 23
Views: 2042

Re: Solar panels purchase as an inflation indexed bond

I find it very difficult to believe any power company will get away with charging huge fees to solar users.If that is allowed we are going to have some really serious problems. https://www.washingtonpost.com/national/health-science/utilities-sensing-threat-put-squeeze-on-booming-solar-roof-industry...
by DiscoBunny1979
Sun Dec 13, 2015 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Solar panels purchase as an inflation indexed bond
Replies: 23
Views: 2042

Re: Solar panels purchase as an inflation indexed bond

Other risks include: 1) How much sun is actually available during the day in terms of PEAK HOURS - how much solar energy is available during the day. This relates to location, the sun's movement in the sky, what's in the atmosphere, etc. This is greatly different from a location in California versus...
by DiscoBunny1979
Sat Dec 12, 2015 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: New Military Retirement System
Replies: 84
Views: 8628

Re: New Military Retirement System

Every sailor has the internet on their smartphones and Google knows everything I know this is a little off topic, but I find this comment quite amusing. So, that's where as a Nation we have advanced to - the need to carry smartphones and rely on Google for all our information? Heaven forbid we run ...
by DiscoBunny1979
Wed Dec 02, 2015 5:17 pm
Forum: Personal Consumer Issues
Topic: Paying property tax with credit card to reach spending bonus
Replies: 19
Views: 2347

Re: Paying property tax with credit card to reach spending bonus

Before charging one's credit card for the purchase of gift cards, make sure by reading the credit card terms and conditions that there is not an exclusion to buying gift cards as some credit card issuers are waking up and treating some gift cards as a 'cash advance'. This 'cash advance' then comes w...
by DiscoBunny1979
Sat Sep 26, 2015 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for advice about stepping away from work.
Replies: 8
Views: 1776

Re: Looking for advice about stepping away from work.

Years ago I stepped away from work due to health issues. In my case, I really had to decide was it more important to continue making money at a job that wasn't getting any less stressful or step away to a less costly place to live so I could afford to live without working. The choice for me was clea...
by DiscoBunny1979
Sun Sep 13, 2015 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Earthquake insurance for low risk area?
Replies: 18
Views: 1400

Re: Earthquake insurance for low risk area?

I agree with Alan. Someone with a recently built wood-frame home has much less exposure than someone with a building made from adobe. The serious damage occurs in masonry homes. A moderate quake in unlikely to bring down a wood-frame home, if it is bolted to the foundation. Perhaps, the chimney wil...
by DiscoBunny1979
Wed Sep 09, 2015 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Prospective home buyer
Replies: 23
Views: 2364

Re: Perspective home buyer

I'll take a stab at why it hasn't sold. There could be a number of factors but right off the top of my head is that people buying in 1 million price range can afford to be picky. They want what they want and some will not settle. That means if you are in competition with other like properties, there...
by DiscoBunny1979
Mon Sep 07, 2015 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Buyer's agent for real estate??
Replies: 10
Views: 1329

Re: Buyer's agent for real estate??

The buyer's agent gets paid whatever house you buy, so it is not in their interest to push you into a bad house or a house at a bad price. Thus, your interests and the buyer's agent's interests are in fact aligned. -jalbert This is not necessarily true. A buyer's agent, especially in California can...
by DiscoBunny1979
Fri Sep 04, 2015 8:09 am
Forum: Personal Finance (Not Investing)
Topic: When will be a good time to buy a house in the South Bay Area?
Replies: 26
Views: 3260

Re: When will be a good time to buy a house in the South Bay Area?

Home prices are so expensive in coastal cities because the demand is so high. If you think the Bay Area is going to becoming undesirable in the near future, you should do the logical thing and preempt it. And just move to a better/cheaper city today! Many People Have! I've known many folks that aft...
by DiscoBunny1979
Thu Sep 03, 2015 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: When will be a good time to buy a house in the South Bay Area?
Replies: 26
Views: 3260

Re: When will be a good time to buy a house in the South Bay Area?

The time to buy a house is when you plan to stay in the area a long time and you can afford the home, 30 year conventional 20% down, 1/3 monthly income. It's a place to live, not an investment. I ignore what the market is doing. My mortgage payment has to be paid regardless of what the housing mark...
by DiscoBunny1979
Thu Sep 03, 2015 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: For Pension: tax withhold or do quarterly estimated?
Replies: 16
Views: 1084

Re: For Pension: tax withhold or do quarterly estimated?

In my opinion, it is much easier to have some tax withholding each month. In some instances, it is required to withhold at least a certain percentage. The OP would have to contact the plan administrator to determine if there is such a requirement. However, the US Government doesn't like to wait to g...
by DiscoBunny1979
Wed Sep 02, 2015 5:14 pm
Forum: Personal Consumer Issues
Topic: Evaluate Proposal on Installation of Solar Panels
Replies: 46
Views: 4580

Re: Evaluate Proposal on Installation of Solar Panels

G. Current Monthly Bill- $224 electric bill, projected bill with solar panels $125 For me it is as much about saving money over time as it is to not give a penny more than I have to to the Utility company. Therefore, I believe it's in my best interest, to max out my roof. For instance, the Utility ...
by DiscoBunny1979
Tue Sep 01, 2015 10:33 pm
Forum: Personal Consumer Issues
Topic: Evaluate Proposal on Installation of Solar Panels
Replies: 46
Views: 4580

Re: Evaluate Proposal on Installation of Solar Panels

G. Current Monthly Bill- $224 electric bill, projected bill with solar panels $125 For me it is as much about saving money over time as it is to not give a penny more than I have to to the Utility company. Therefore, I believe it's in my best interest, to max out my roof. For instance, the Utility ...
by DiscoBunny1979
Sun Aug 23, 2015 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Is it possible to hold cash in Roth IRA?
Replies: 12
Views: 948

Re: Is it possible to hold cash in Roth IRA?

As others have said, you can put it in the money market. Vanguard unfortunately applies a 3000 minimum even to the money market. Funny, I often have less then $3000 in Prime Money Market and haven't received any warning from Vanguard. Perhaps I opened it with more. I think the minimum is for openin...
by DiscoBunny1979
Sat Aug 22, 2015 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Selling house dad to son
Replies: 19
Views: 1732

Re: Selling house dad to son

I'm trying to see if I can buy my dad's house without incurring any taxes and would like some advice. This is two part question . . The first part is whether you want your Dad not to pay taxes on any sale of the house. The cap for individuals is $250K and for a couple $500K federally. But I don't s...
by DiscoBunny1979
Fri Aug 14, 2015 6:45 pm
Forum: Personal Consumer Issues
Topic: Saving a tree when installing a septic drain field
Replies: 5
Views: 480

Re: Saving a tree when installing a septic drain field

When I chopped down my 30 year old olive tree, and when it died, my septic backed up. Not saying that it was proved beyond a reasonable doubt that that's why my septic backed up, but it is ironic. I would not put leach lines or sewage pits near any trees that have long extending root systems that se...
by DiscoBunny1979
Fri Aug 14, 2015 9:17 am
Forum: Personal Consumer Issues
Topic: Sungevity versus SolarCity
Replies: 2
Views: 729

Re: Sungevity versus SolarCity

Buy outright, don't lease anything and don't buy from Solar City. You're welcome. Thanks for your response. However, I need to have more feedback as to why you believe leasing is not a better option than buying. Of course there is the lower over cost. For instance if Leasing Company "A" p...
by DiscoBunny1979
Thu Aug 13, 2015 12:38 am
Forum: Personal Consumer Issues
Topic: Sungevity versus SolarCity
Replies: 2
Views: 729

Sungevity versus SolarCity

I'm investigating Solar Options. I've decided not to buy outright for a number of reasons. So, this thread I'd like to address just if there is anyone on this board that has gone through the investigation process and how they have felt about dealing with either Sungevity (associated with Lowes) or S...
by DiscoBunny1979
Fri Jul 31, 2015 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance - Buy House then Reverse Mortgage?
Replies: 13
Views: 1335

Re: Inheritance - Buy House then Reverse Mortgage?

Another thing to consider is that in many states an Inherited Asset belongs to the person that inherits the asset - even when we're talking about married couples. Therefore, the OP should consider that the transfer of an "Inherited Asset" to one that might be considered "community pro...
by DiscoBunny1979
Thu Jul 30, 2015 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: First Time Buyer In CA
Replies: 11
Views: 1177

Re: First Time Buyer In CA

This might be a program where-as it is Lender-paid mortgage insurance versus Borrower-paid mortgage insurance. With Lender-paid, the cost of PMI is included in the interest rate. Unlike, Borrower-paid that the PMI can be cancelled once loan to value is under 80%, Lender paid cannot be cancelled beca...
by DiscoBunny1979
Thu Jul 30, 2015 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Appraisal Higher than Accepted Offer Price
Replies: 21
Views: 2258

Re: Appraisal Higher than Accepted Offer Price

IF the appraisal is based on both land and house, what percentage of the appraisal value is for land? My parent's house in San Jose is over the 1 million mark, but it would only take about $300,000 to put the same house on the lot. Make sure insurance documents reflect the actual rebuilding costs.
by DiscoBunny1979
Thu Jul 30, 2015 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Keep paying the mortgage??
Replies: 67
Views: 7270

Re: Keep paying the mortgage??

In my state it's not illegal for an agent to act as both selling and buying agent, however, it is definitely a conflict of interest because on one hand a selling agent just wants to sell the house and will skirt any questions regarding quality, mold, etc as they are not experts in those fields; and ...
by DiscoBunny1979
Sun Jul 26, 2015 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Is selling our home the right decision?
Replies: 3
Views: 883

Re: Is selling our home the right decision?

While many folks buy and sell based upon emotion, it's important to make the decision as objective as possible like a Business decision, rather than a personal one. In my view, if one were to buy a house, one should not be relying on rental income to support the payment or partial payment. This is o...
by DiscoBunny1979
Tue Jun 30, 2015 1:46 pm
Forum: Personal Consumer Issues
Topic: Will removing a wood burning stove reduce my home value?
Replies: 16
Views: 2269

Re: Will removing a wood burning stove reduce my home value?

I'm not a realtor, but in my opinion this would be a location driven question. For instance where I live there are mostly wood burning fireplaces that have been converted to gas fireplaces. My particular fireplace is wood burning, floor to ceiling brick, but has a gas line built in that can be conve...
by DiscoBunny1979
Thu Jun 25, 2015 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Best Advice [Best single piece of advice to give a new investor]
Replies: 56
Views: 5480

Re: Best Advice [Best single piece of advice to give a new investor]

Invest in taking care of yourself first by eating right, getting adequate sleep, working out - because without physical health you won't be able to enjoy your "retirement". Then. . . 1)Automatically invest in your investment plan on a regular basis by having the contributions deducted from...
by DiscoBunny1979
Wed Jun 24, 2015 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: tap IRA to pay off CC debt?
Replies: 31
Views: 3587

Re: tap IRA to pay off CC debt?

I've found the Chase Slate Card and the American Express Everyday Card to be good choices for 0% for a year + (although they have 2% or 3% transfer fees depending upon the offer).
by DiscoBunny1979
Tue Jun 23, 2015 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Ask me anything - Mortgages
Replies: 33
Views: 4900

Re: Ask me anything - Mortgages

What type of loans exist for putting down 5 % and getting a 15% + 80% loan ? <--- poor wording, just clueless on loans I assume pay off the 15% loan and then PMI would go away ?? Excuse my ignorance , I'm trying to put 5% down and pay no PMI or as little PMI as possible. Options ? TIA You can typic...
by DiscoBunny1979
Fri Jun 12, 2015 2:34 pm
Forum: Personal Consumer Issues
Topic: Which is a best place to start learning yoga?
Replies: 31
Views: 3544

Re: Which is a best place to start learning yoga?

I disagree that a class or teacher is better than a DVD. For my own purposes, I didn't want to spend the extra time to drive to a gym just to suit up for some Yoga class. I wanted the privacy of my own home, where I can wear as little as I want ... and the special reason . . . Yoga has a tendency in...
by DiscoBunny1979
Sat May 30, 2015 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Housing Market in SoCal
Replies: 55
Views: 6448

Re: Housing Market in SoCal

One of the benefits of CA is prop 13 which locks in your property tax rate for life, folks that bought in the 1960-70-80s hit the jackpot because they're paying property tax as if their house if valued at 100-200k when they could sell it on the market for 600-800k. That's part of the problem with C...
by DiscoBunny1979
Fri May 15, 2015 5:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's email "The case for a global portfolio"
Replies: 46
Views: 5039

Re: Vanguard's email "The case for a global portfolio"

I currently have 18.3% of my retirement portfolio in International stocks, and the previous allocation Vanguard recommended of 20-40% has now changed to 30-50%. Thoughts on this change and your approach? I knew I'd be close to 20% and was going to hit that in the next few months to a year but to ge...
by DiscoBunny1979
Fri Mar 13, 2015 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Pet insurance?
Replies: 32
Views: 2651

Re: Pet insurance?

Insurance is exactly that - insurance. If I could scroll back the hands of time about 9 years ago when I cancelled the yearly premium on our dog insurance, I wouldn't have. Since the time I cancelled, I've had thousands of dollars of bills that would have been covered by the insurance - even though ...
by DiscoBunny1979
Wed Feb 25, 2015 1:54 am
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 6432

Re: Buying a home in SF Bay Area

In my opinion, if one is single, without children, the best living arrangement is to live close enough to work so that you can cycle to work (or bus or train). By cycle I mean peddling to work. The reason is because my experience showed me that living too far just to afford a house (I lived in Santa...
by DiscoBunny1979
Mon Jul 14, 2014 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone here flip houses?
Replies: 40
Views: 5674

Re: Anyone here flip houses?

I am surprised no one has mentioned that if you live and stay in the house you are remodeling for 2 years you would then owe no tax on the capital gains. That is at least a 10% bonus for those that do that. I've thought about it seriously but never found the time or inclination. In my opinion, this...
by DiscoBunny1979
Wed Jul 09, 2014 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Wife was hit by car while riding on bicyle. Next Step?
Replies: 46
Views: 6072

Re: Wife was hit by car while riding on bicyle. Next Step?

In my opinion, finding a lawyer to handle a case that has limited upside might be difficult. That's because most lawyers are in it to make money, not make friends. So, you have to evaluate what you believe the accident is worth to you. If you think you have a million dollars worth of accident, the a...
by DiscoBunny1979
Sat Jul 05, 2014 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Inappropriate to ask your boss about buying a home?
Replies: 24
Views: 2976

Re: Inappropriate to ask your boss about buying a home?

In my opinion, it's not necessarily inappropriate, BUT. . . usually there is a big spread in terms of salary $$ between the boss and those that are lower on the org chart. Therefore, the 'boss' could be wondering how can you, that earns "x" afford a house in 'this' area? So, the question i...
by DiscoBunny1979
Sun Jun 22, 2014 10:26 am
Forum: Personal Consumer Issues
Topic: Retired Bogleheads want to relocate to California
Replies: 115
Views: 10293

Re: Retired Bogleheads want to relocate to California

The best bargain in Southern California for housing in terms of amount of land and type of house in my opinion would be in Yucca Valley, located about a 40 minute drive north of Palm Springs. Why? Because it offers about a 10 degree cooler temperature in Summer, the Marine Base located in 29 palms m...
by DiscoBunny1979
Wed Jun 18, 2014 2:12 pm
Forum: Personal Consumer Issues
Topic: Amsterdam
Replies: 14
Views: 1439

Re: Amsterdam

I second the Marriott. They have some services that other places might not. For instance, size of room was decent and showering facilities fine. However, if you aren't traveling during 'season' or at peak traveling time or during a holiday like New Years, finding a guest house flat is also fun becau...
by DiscoBunny1979
Mon May 19, 2014 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on house title - unmarried couple
Replies: 30
Views: 2547

Re: Advice on house title - unmarried couple

In my experience, the first thing to consider is what type of state does this couple live in? Is it a Community Property State? Some states have a rule that property obtained before marriage is the property of the spouse that acquired the property. Therefore even if they do get married, the Son has ...
by DiscoBunny1979
Sat May 10, 2014 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: Getting Married! Is my plan still our plan?
Replies: 17
Views: 2053

Re: Getting Married! Is my plan still our plan?

Location: SoCal This is one of the most important things to know. In California, assets and debts obtained before marriage belong to the spouse that acquired them . . . unless there is a distinct co-mingling of funds whereas a distinction can't be made as to original ownership. Also, if you take on...
by DiscoBunny1979
Thu May 08, 2014 12:27 am
Forum: Personal Finance (Not Investing)
Topic: House Hunting - 2 Questions
Replies: 20
Views: 2396

Re: House Hunting - 2 Questions

The only question for the OP is whether the 1 million dollar house is such an upgrade that would require upgrading other things in their overall lifestyle - such as car, clothing, furniture, any renovations needed to such homes in that price range, landscaping, etc. The yearly property tax burden mi...
by DiscoBunny1979
Sun May 04, 2014 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Process for surviving spouse.
Replies: 50
Views: 6539

Re: Process for surviving spouse.

One parent, who had been in charge of finances/investments/etc passed away last week Close credit cards I would not close credit cards unless the one parent that surviving has credit in their own name. For instance in my family, my Mom was not sure if Dad passed away whether she would be able to us...

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