Search found 127 matches

by JerLon
Sat Oct 07, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: 3x gross income = house purchase price, should interest rate be taken into account?
Replies: 26
Views: 2131

Re: 3x gross income = house purchase price, should interest rate be taken into account?

Also, RE taxes. If you live in NY or California, the taxes on the 300k house might be equal to the P&I. In other states, not so much.
by JerLon
Sat Jun 17, 2017 6:53 pm
Forum: Personal Consumer Issues
Topic: 100k Service - 2010 Camry & Corolla - All Maintenance Deferred
Replies: 17
Views: 2208

Re: 100k Service - 2010 Camry & Corolla - All Maintenance Deferred

Timing chain on both, I believe. So that should be fine.
by JerLon
Sat Jun 17, 2017 3:56 pm
Forum: Personal Consumer Issues
Topic: 100k Service - 2010 Camry & Corolla - All Maintenance Deferred
Replies: 17
Views: 2208

100k Service - 2010 Camry & Corolla - All Maintenance Deferred

I own a 2010 Camry and a 2010 Corolla. In the past month, both have gone over 100,000 miles. I'd like to keep both going strong for at least another 50,000 miles. Other than oil changes, all maintenance has been deferred on these two vehicles (air filters occasionally as well). I've dug around and a...
by JerLon
Sun Apr 30, 2017 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Massachusetts Teachers - Tax Question (W-2)
Replies: 3
Views: 488

Re: Massachusetts Teachers - Tax Question (W-2)

I am an educator in NYS. Out of curiosity, I pulled by W-2 to compare. Difference between box 1 and 5 is: a portion of box 14 (414H - Teacher Retirement System Contribution) and box 12c - 403k contribution. In box 14, I also have my health insurance contribution (labeled flex) that is not included i...
by JerLon
Sat Sep 17, 2016 6:16 pm
Forum: Personal Consumer Issues
Topic: Sawzall and Batt Operated tools questions?
Replies: 25
Views: 1787

Re: Sawzall and Batt Opertated tools questions?

These are the blades I have used. Far better at cutting roots in the ground than branches in the air.

https://www.amazon.com/gp/product/B000FAPPAA/
by JerLon
Sat Sep 17, 2016 6:15 pm
Forum: Personal Consumer Issues
Topic: Sawzall and Batt Operated tools questions?
Replies: 25
Views: 1787

Re: Sawzall and Batt Opertated tools questions?

Pole pruner sounds good, and was considered... but I was hoping on the fence rebuild, and shrub (thick in some areas) pruning will be a more common use once the trees are limbed... and once I get them up to about 20 feet...I likely will not need to do that again ever... Best, M I recently tried to ...
by JerLon
Sat Sep 17, 2016 3:55 pm
Forum: Personal Consumer Issues
Topic: Sawzall and Batt Operated tools questions?
Replies: 25
Views: 1787

Re: Sawzall and Batt Opertated tools questions?

Is there a reason you are considering battery powered reciprocating saw over a pole pruner. For what you are describing, you'd be far better off with a gas powered (or battery) pole pruner like the Stihl HT line. Or, maybe better yet, would be the Stihl Kobmi System. This is a motor with interchange...
by JerLon
Sun Aug 21, 2016 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Travel Credit Card
Replies: 5
Views: 876

Re: Travel Credit Card

The $300 travel credit is a calendar year benefit. So, If you sign up now, you could potentially have a $600 travel benefit against the $450 annual fee. Add in the TSA Pre/Global Entry Fee in Year 1 ($100) and the 100,000 point bonus it certainly makes it worth holding for one year. Any longer than ...
by JerLon
Sat Aug 15, 2015 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Advice - Getting rid of PMI
Replies: 13
Views: 1164

Re: Refinance Advice - Getting rid of PMI

If you tell me state, FICO, and LTV, I can tell you what rate you'd expect from a broker. I'm a broker here in GA and have access to national pricing engines (not that they serve me much use except to help people on this forum)... NY. FICO mid 780's. LTV - Goal is to get it at 80% at time of refina...
by JerLon
Sat Aug 15, 2015 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Advice - Getting rid of PMI
Replies: 13
Views: 1164

Re: Refinance Advice - Getting rid of PMI

...and you have not paid down much equity by payments yet since most of your payment is going to interest. And how much has the home gone up in value in less than a year? Maybe I need to be more clear: I intend to have the cash to pay the mortgage down to 80% LTV at the time of refinance in 6-12 mo...
by JerLon
Sat Aug 15, 2015 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Advice - Getting rid of PMI
Replies: 13
Views: 1164

Re: Refinance Advice - Getting rid of PMI

Unfortunately, the answer can get complicated. Would you know if your loan was sold to Fannie Mae or Freddie Mac? There is another set of rules for those loans. These days most of the time PMI is set to cancel automatically at a certain point. You should have received disclosures about that when yo...
by JerLon
Sat Aug 15, 2015 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Advice - Getting rid of PMI
Replies: 13
Views: 1164

Refinance Advice - Getting rid of PMI

My wife and I purchased a home for $127,000 in 11/2014. Current mortgage balance is $125,000. Home appraised for $137,000 when we purchased. I am trying to plan for a refinance as soon as we can to get rid of PMI. I am curious as to: 1) Is the only way to refinance and get out of PMI to pay down the...
by JerLon
Sat Jun 20, 2015 6:07 am
Forum: Personal Consumer Issues
Topic: Your Top 10 Books
Replies: 59
Views: 9886

Re: Your Top 10 Books

In no specific order: Surely You're Joking, Mr. Feynman - Was given as a HS graduation gift, finally read when I graduated undergrad. Re-read it frequently. Outliers - Malcolm Gladwell Made in America - Sam Walton When the Buck Stops With You: Harry S. Truman on Leadership – Alan Axelrod How to Win ...
by JerLon
Mon Jun 15, 2015 8:46 am
Forum: Investing - Help with Personal Investments
Topic: 403(b) Fund Selection - Another List of Poor Options
Replies: 3
Views: 559

403(b) Fund Selection - Another List of Poor Options

I am starting a new job and my employer will contribute $3000 annually to a 403(b) for me. I will not be investing any of my own dollars in this 403(b) and, to make a long story short, am not worried about the diversification/allocation of these dollars. If Vanguard Total Stock Market were available...
by JerLon
Sat Apr 18, 2015 1:08 pm
Forum: Personal Consumer Issues
Topic: Cleaning out large basement - cost to rent a dumpster?
Replies: 29
Views: 4237

Re: Cleaning out large basement - cost to rent a dumpster?

Around here - suburban northeast - I can get a 15 yard rolloff for 275 for 10 days. Around 250 for a 10 yard, 350 for a 20 yard. That covers the delivery and pickup as well as a few tons of weight. I just had a 15 yard where I went over by a couple tons (a lot of min-bounders from old landscaping) a...
by JerLon
Thu Aug 28, 2014 5:10 am
Forum: Personal Finance (Not Investing)
Topic: Inheritance to be held in expensive trust for ~10 years
Replies: 55
Views: 8063

Re: Inheritance to be held in expensive trust for ~10 years

Glad JackD revived this two years later to make a positive comment on trust companies.

I am curious how this ended up though.
by JerLon
Thu Aug 21, 2014 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Best one-stop company for renters/car/term life insurance?
Replies: 15
Views: 1388

Re: Best one-stop company for renters/car/term life insuranc

I agree with the others, the companies that are good at the term life game are not the companies that can do good with car/renters(owners)/umbrella. For the former, I had a good experience with SelectQuote and ended up picking a policies from William Penn. For the latter, I've been with a few compan...
by JerLon
Sun Jul 20, 2014 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Buying First Home - Inspection Follow Up Advice
Replies: 22
Views: 2568

Re: Buying First Home - Inspection Follow Up Advice

Have you looked at enough houses to know how $115k compares to the market. In other words, are you buying over, at, or below the market? Crawlspace insulation is not too surprising, you could ask them to have it reinstalled. Repointing is deferred maintenance and without seeing it, I am not surpris...
by JerLon
Sun Jul 20, 2014 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Buying First Home - Inspection Follow Up Advice
Replies: 22
Views: 2568

Re: Buying First Home - Inspection Follow Up Advice

You said some downspout issues are on your list of things to ignore. In my opinion that's a bad idea. You want to make sure that water is draining away from your house as best you can otherwise you're going to have foundation issues. To clarify, I did not say ignore. Adding an extension and restrap...
by JerLon
Sun Jul 20, 2014 6:59 am
Forum: Personal Finance (Not Investing)
Topic: Buying First Home - Inspection Follow Up Advice
Replies: 22
Views: 2568

Re: Buying First Home - Inspection Follow Up Advice

Important to keep in mind that an inspection and an appraisal are two different things. An inspection is theoretically for your benefit, although it's also for the seller's and both Realtor's benefit to avoid lawsuits over undisclosed defects (known or unknown). An appraisal is for the lender's ben...
by JerLon
Sun Jul 20, 2014 6:57 am
Forum: Personal Finance (Not Investing)
Topic: Buying First Home - Inspection Follow Up Advice
Replies: 22
Views: 2568

Re: Buying First Home - Inspection Follow Up Advice

Insulation falling out of floor joists is usually sign of excess moisture in crawl. The moisture gets on the insulation and it falls from joists. It also may have compromised the insulation that fell. I would ask inspector why he thinks the insulation fell and whether there was any other signs of e...
by JerLon
Sat Jul 19, 2014 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Buying First Home - Inspection Follow Up Advice
Replies: 22
Views: 2568

Buying First Home - Inspection Follow Up Advice

My wife and I are under contract to purchase our first home. We had our inspection today and I am looking for some advice from those of you who are more experienced and wiser in this arena than I am. Here is some background info: Owner purchased home in 2009 for $115,000 Owner put on a $8,000 roof i...
by JerLon
Mon Jun 30, 2014 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: When to offer on house: Starting New Job
Replies: 8
Views: 940

Re: When to offer on house: Starting New Job

I can see all kinds of ways for this to go well or to go wrong and I wish you luck! If things are not going well, it is possible that contacting the owner with some kind of rent/lease offer until you can purchase might be worthwhile. As can I which is why I thought some folks with some more experie...
by JerLon
Mon Jun 30, 2014 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: When to offer on house: Starting New Job
Replies: 8
Views: 940

When to offer on house: Starting New Job

I have a bit of an odd situation that I hoped someone had some insight into: I am starting a new job on 7/1/14. Because of HR issues, I will get my Salary Notice on 7/17/14 (have to wait until I attend an orientation session) First paycheck will be on 7/17/14 Second paycheck (so, I will have 30 days...
by JerLon
Sun May 04, 2014 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Car Advice
Replies: 32
Views: 3698

Re: Car Advice

There are three general thoughts on this and none of them is "right" or "wrong." They are: 1) Buy new Toyota/Honda and drive it until the wheels fall off. If you use the standard method folks around here use to negotiate, you will get the best price. 2) Buy slightly used Toyota/H...
by JerLon
Mon Apr 07, 2014 8:01 pm
Forum: Personal Consumer Issues
Topic: Roadtrip to Hoover Dam,Grand Canyon,Sedona,Phoenix
Replies: 26
Views: 2835

Re: Roadtrip to Hoover Dam,Grand Canyon,Sedona,Phoenix

All super helpful. I'll play some of it by ear but great ideas. And good thoughts on scouting out my next/longer trip without the time constraints.

I'm still game for any small town, restaurant, or sight suggestions.
by JerLon
Mon Apr 07, 2014 3:06 pm
Forum: Personal Consumer Issues
Topic: Roadtrip to Hoover Dam,Grand Canyon,Sedona,Phoenix
Replies: 26
Views: 2835

Re: Roadtrip to Hoover Dam,Grand Canyon,Sedona,Phoenix

This is great advice. Thanks everyone.
by JerLon
Mon Apr 07, 2014 9:59 am
Forum: Personal Consumer Issues
Topic: Roadtrip to Hoover Dam,Grand Canyon,Sedona,Phoenix
Replies: 26
Views: 2835

Re: Roadtrip to Hoover Dam,Grand Canyon,Sedona,Phoenix

Don't forget to get off the highway and help some of the small town economies. I remember speaking with some of those townfolk a few years ago on a similar trip, where I went off the interstate for food, etc. The locals were bemoaning the fact that no one was venturing far off the path, leaving the...
by JerLon
Mon Apr 07, 2014 9:23 am
Forum: Personal Consumer Issues
Topic: Roadtrip to Hoover Dam,Grand Canyon,Sedona,Phoenix
Replies: 26
Views: 2835

Re: Roadtrip to Hoover Dam,Grand Canyon,Sedona,Phoenix

Planning on a quick drive-by and photo of the Hoover Dam. Not intending to stay long or hike down canyon. Take some photos - walk along the rim...
by JerLon
Mon Apr 07, 2014 8:19 am
Forum: Personal Consumer Issues
Topic: Roadtrip to Hoover Dam,Grand Canyon,Sedona,Phoenix
Replies: 26
Views: 2835

Re: Roadtrip to Hoover Dam,Grand Canyon,Sedona,Phoenix

Grt2bOutdoors wrote:When are you going? I did that trip in April and I can tell you one thing - it was cold and windy at the Canyon portion accessible driving from Phoenix.


Going next week. Mid-April. Coming from NY where we are still winter weather like. How cold is it at the canyon?
by JerLon
Mon Apr 07, 2014 7:39 am
Forum: Personal Consumer Issues
Topic: Roadtrip to Hoover Dam,Grand Canyon,Sedona,Phoenix
Replies: 26
Views: 2835

Roadtrip to Hoover Dam,Grand Canyon,Sedona,Phoenix

I am planning an unexpected last minute trip. The schedule is pretty set (due to some constraints that aren't worth mentioning) but I was sure some of you had done similar trips and may have some advice. Specifically, I am looking for best routes, must see items along the way, best diners to stop at...
by JerLon
Wed Mar 12, 2014 12:17 pm
Forum: Personal Consumer Issues
Topic: Car Buying Strategy
Replies: 46
Views: 6001

Re: Car Buying Strategy

Hi all - Looking to replace my car this year. Starting a family this year, and rumor has it 4 doors are better than 2. I am not a new car guy because my wife and I have agreed to pay cash, and well, I won't have the cash to buy a brand new car. Expecting to have roughly $14.5k to put toward a newer...
by JerLon
Wed Mar 05, 2014 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: No car, moving for a 3-mth assignment, cheapest car option?
Replies: 12
Views: 890

Re: No car, moving for a 3-mth assignment, cheapest car opti

Some Toyota dealers do daily/weekly/monthly rentals that, if I recall correctly, are pretty reasonable.
by JerLon
Mon Jan 20, 2014 8:48 am
Forum: Personal Consumer Issues
Topic: Is there a low cost cell phone plan, limited minutes?
Replies: 66
Views: 6047

Re: Is there a low cost cell phone plan, limited minutes?

For those already on Verizon for some time and are reluctant to move because of their better coverage (for which you'll pay fairly dearly)... If what you want is Verizon coverage, you are far better off going to PagePlus which is a Verizon MNVO which means you HAVE VERIZON COVERAGE as Verizon sells...
by JerLon
Mon Jan 20, 2014 8:11 am
Forum: Personal Consumer Issues
Topic: Is there a low cost cell phone plan, limited minutes?
Replies: 66
Views: 6047

Re: Is there a low cost cell phone plan, limited minutes?

http://www.kittywireless.com/ Pageplus has a 1200 minute plan for $29.95. They're an MVNO on Verizon's network. I have been using PagePlus (using Kitty Wireless as my "dealer") for a year now. I am on the $29.95 plan (1200 minutes, 3000 text messages, 500MB Data). With two iPhones, my wif...
by JerLon
Tue Jan 07, 2014 12:53 pm
Forum: Personal Consumer Issues
Topic: home inventory app/method (for insurance)
Replies: 7
Views: 727

Re: home inventory app/method (for insurance)

I do the video method.

I walk through each room and film everything with some narration of what I am filming. I then take photos of any major additions throughout the year.

These are saved on my computer and thus backed up on an external hard drive as well as off-site.
by JerLon
Mon Dec 30, 2013 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: What are your financial goals for 2014?
Replies: 56
Views: 5458

Re: What are your financial goals for 2014?

1. Finish paying off all debt (around 20k left in student loans and a small car note) 2. Build a solid emergency fund 3. Begin saving for a down payment At the same time: -Double net worth -Have 1x Salary in retirement accounts by 30 (1.5 years from now. I have a decent chance of hitting this number)
by JerLon
Fri Dec 27, 2013 8:17 am
Forum: Investing - Theory, News & General
Topic: [Why did my fund suddenly drop in value?]
Replies: 196
Views: 80526

Re: [Why did my fund suddenly drop in value?]

Just like every year, share price adjusts day 1 and reinvestment shows up on day 2. All is well today.
by JerLon
Sat Oct 19, 2013 1:36 pm
Forum: Personal Consumer Issues
Topic: Overseas Travel Adventure - Africa
Replies: 18
Views: 2042

Re: Overseas Travel Adventure - Africa

I would recommend Kenya/Tanzania. The Ngorongoro crater in Tanzania is a must along with the nearby views from the edge of the great rift. I can't think of the name of the hotel but there is a great hotel probably an hour from Ngorongoro that has a pool on the edge of the great rift. One of the most...
by JerLon
Sun Oct 13, 2013 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement calculator
Replies: 7
Views: 1133

Re: Retirement calculator

It is a bit more in depth bit I use http://firecalc.com/
by JerLon
Fri Apr 12, 2013 11:11 am
Forum: Personal Consumer Issues
Topic: 8 days in NYC -- need hotel advice.
Replies: 27
Views: 2802

Re: 8 days in NYC -- need hotel advice.

I usually stay in Jersey City when I come to Manhattan. Either the Westin or the Hyatt Regency are both right on top of the PATH Train that gets you to downtown Manhattan in minutes. The hotels are cheaper and access tends to be easier as the PATH Trains are so convenient.
by JerLon
Tue Mar 26, 2013 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Best Credit Card with High Limit (Work Reimbursement)
Replies: 23
Views: 3296

Re: Best Credit Card with High Limit (Work Reimbursement)

Wow, what kind of expenses are you incurring for the company? At that level, it seems the company should be handling the charges on their accounts. Constantly charging high amounts on personal accounts for the company seems unfair and unproductive, is it common practice? I could choose to do more i...
by JerLon
Tue Mar 26, 2013 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Best Credit Card with High Limit (Work Reimbursement)
Replies: 23
Views: 3296

Re: Best Credit Card with High Limit (Work Reimbursement)

DEFINITELY take advantage of abusing the many, many credit card sign-up offers out there with initial spend requirements. I work in batches of 4-6 cards per application cycle. For my long term spending needs, I'm primarily using Chase Ink Plus (business card), Chase Sapphire Preferred, and Citi AAd...
by JerLon
Tue Mar 26, 2013 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Best Credit Card with High Limit (Work Reimbursement)
Replies: 23
Views: 3296

Re: Best Credit Card with High Limit (Work Reimbursement)

...I expect to spend significantly more per month ($10,000-$25,000) and be reimbursed for all of those expenditures.... How often can you turn in expenses and how often will you get reimbursed? The reason I ask is that you can pay the CC more than 1x a month. I can submit once a week with a 1-2 wee...
by JerLon
Tue Mar 26, 2013 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Best Credit Card with High Limit (Work Reimbursement)
Replies: 23
Views: 3296

Re: Best Credit Card with High Limit (Work Reimbursement)

You will need more than one card just in case. If you spend that much and your main card is comprosmised, what are you going to do? Amex has no spending limits. That is a good point. My personal cards (including an AMEX) could easily serve as backups without a hassle. Is your company helping with t...
by JerLon
Tue Mar 26, 2013 5:34 am
Forum: Personal Finance (Not Investing)
Topic: Best Credit Card with High Limit (Work Reimbursement)
Replies: 23
Views: 3296

Best Credit Card with High Limit (Work Reimbursement)

I will be starting a new job on July 1. From July 1 2013-June 30 2014 I expect to spend between $1,500-$3,000/month and be reimbursed for that. There after, I expect to spend significantly more per month ($10,000-$25,000) and be reimbursed for all of those expenditures. I would like to find a credit...
by JerLon
Mon Mar 18, 2013 2:02 pm
Forum: Personal Consumer Issues
Topic: Fired my Smartphone Carrier
Replies: 39
Views: 6399

Re: Fired my Smartphone Carrier

I'm using an iPhone on pay-as-you-go with data turned off most of the time but turned on when I need it. Average cost is under $15/month. Hi, tfb. What plan is this? And how many minutes/month of phone use can you get for under $15? What is involved in turning on/off the data? Thanks. If you're on ...
by JerLon
Mon Feb 25, 2013 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Repayment Strategy
Replies: 32
Views: 4952

Re: Student Loan Repayment Strategy

You make 65k and have little to no expenses. Pay off everything in 8 months and be debt free.
by JerLon
Mon Feb 25, 2013 8:58 am
Forum: Investing - Help with Personal Investments
Topic: stock price for inherited stock
Replies: 13
Views: 2622

Re: stock price for inherited stock

I had to do this once and the only way I could find the basis price was to go to the library and use microfilm to look it up in an old Wall Street Journal.