Search found 3655 matches

by Pajamas
Wed Feb 21, 2018 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Rental income from overseas
Replies: 3
Views: 183

Re: Rental income from overseas

For instance if the rent is $1000/month, the renter also pays $250/month to local city on behalf of the owner. If the renter is paying a quarter of the rent to the city ON BEHALF of the landlord, it should be as if the landlord is receiving and paying it, similar to how an employer withholds and pa...
by Pajamas
Wed Feb 21, 2018 3:20 pm
Forum: Personal Consumer Issues
Topic: Lawn care, especially bare, shaded spots
Replies: 14
Views: 539

Re: Lawn care, especially bare, shaded spots

Sounds like you should hire a landscape architect.
by Pajamas
Wed Feb 21, 2018 3:16 pm
Forum: Personal Consumer Issues
Topic: Lawn care, especially bare, shaded spots
Replies: 14
Views: 539

Re: Lawn care, especially bare, shaded spots

Some form of mulch, possibly with stepstones or pavers or bricks, would be best in trafficked areas. Most grass won't hold up to significant foot traffic.
by Pajamas
Wed Feb 21, 2018 3:08 pm
Forum: Personal Consumer Issues
Topic: Sams Club vs Costco
Replies: 64
Views: 4653

Re: Sams Club vs Costco

sailaway wrote:
Wed Feb 21, 2018 2:38 pm

I get $10-20 clothes at Costco. Better quality than Walmart for the same price. I would be very surprised to see a $60 sweater.
Costco has had special cashmere sales in the past.
by Pajamas
Wed Feb 21, 2018 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Clever phishing -- be careful!
Replies: 21
Views: 1167

Re: Clever phishing -- be careful!

MP123 wrote:
Wed Feb 21, 2018 2:46 pm

I like the "I was two drinks in" at the bar part... :beer
Many good & bad things both in my life started with a couple of drinks at a bar. . . . :beer
by Pajamas
Wed Feb 21, 2018 2:45 pm
Forum: Personal Consumer Issues
Topic: Lawn care, especially bare, shaded spots
Replies: 14
Views: 539

Re: Lawn care, especially bare, shaded spots

Change to a different form of ground cover rather than trying to grow grass under shade trees. Either use some kind of mulch that is readily available in your area (wood chips, pine straw, pecan shells, etc.) or a shade-loving plant. https://extension2.missouri.edu/g6835 Might be worth paying a loca...
by Pajamas
Wed Feb 21, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Considering move to Tulsa, OK
Replies: 21
Views: 2203

Re: Considering move to Tulsa, OK

Oklahoma is windy because Kansas sucks and Texas blows.

Sorry to spoil the fun! :beer
by Pajamas
Wed Feb 21, 2018 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Clever phishing -- be careful!
Replies: 21
Views: 1167

Re: Clever phishing -- be careful!

A couple of weeks ago I got an email supposedly from Wells Fargo claiming that there was fraudulent activity on my account and I needed to follow a link to verify my identity and reset my password, etc. Obviously it was a fraud, but especially so since I don't have any accounts at WF. Obviously the...
by Pajamas
Wed Feb 21, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Interested on opinions on paying off low-rate ARM
Replies: 19
Views: 467

Re: Interested on opinions on paying off low-rate ARM

Yes, you would have to accept a small amount of risk to come out ahead. I was just giving that as an essentially risk-free baseline for comparison to your mortgage interest rate. You are looking at a five year period, not long-term but not short-term, either.
by Pajamas
Wed Feb 21, 2018 2:28 pm
Forum: Investing - Theory, News & General
Topic: Which Inflation Rate Do You Use?
Replies: 19
Views: 980

Re: Which Inflation Rate Do You Use?

Over the long-term, the inflation rate is generally slightly below interest rates.



Image
by Pajamas
Wed Feb 21, 2018 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Interested on opinions on paying off low-rate ARM
Replies: 19
Views: 467

Re: Interested on opinions on paying off low-rate ARM

You can get about 2.4% on CDs right now. No need to actually pay off such a low-interest mortgage now if you have the funds available to do so at any time. Better to have that money available to pay off the mortgage OR use for something else.
by Pajamas
Wed Feb 21, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Clever phishing -- be careful!
Replies: 21
Views: 1167

Re: Clever phishing -- be careful!

I don't think I've ever had anyone call me from a financial organization unexpectedly. In a situation like that, always ask if you can call them back on a known number for that organization. It's not 100% sure to prevent problems, especially if someone inside the organization were a scammer as at We...
by Pajamas
Wed Feb 21, 2018 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Need an education on Rental Insurance
Replies: 14
Views: 504

Re: Need an education on Insurance

If you change the title of your post to reflect that it is insurance for a rental property you might attract responses from people with experience in this. Either that or try a website devoted to rental property such as Bigger Pockets. (Just an example; I'm not recommending it in particular as I'm n...
by Pajamas
Wed Feb 21, 2018 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Home Refinancing Advice - First Home Buyer
Replies: 7
Views: 354

Re: Home Refinancing Advice - First Home Buyer

This sort of thinking is part of what led to housing being a major part of the 2008-2009 financial crisis. Don't try to extract and leverage six months' worth of phantom equity increase calculated from perceived current market value based on comps, and especially don't do so by refinancing at a high...
by Pajamas
Wed Feb 21, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Cyber theft insurance
Replies: 3
Views: 258

Re: Cyber theft insurance

bloom2708 wrote:
Tue Feb 20, 2018 5:02 pm
Dave Ramsey recommends Zander Identity Theft Protection

https://www.zanderins.com/idtheft2

The price is reasonable (within reason). Does your bank offer protection? Credit cards?
How much do they pay Ramsey for his endorsement?
by Pajamas
Wed Feb 21, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?
Replies: 65
Views: 2593

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

If your Silver plan requires copays before the deductible is met, it doesn't qualify for an HSA. The only exception would be copays for preventive care.
by Pajamas
Wed Feb 21, 2018 11:56 am
Forum: Personal Consumer Issues
Topic: Multiple Offer situation/should we pull our offer?
Replies: 62
Views: 3675

Re: Multiple Offer situation/should we pull our offer?

I would not respond to them at all. If they contact you again, let them know that they asked for your best and final offer and you gave it to them as requested. However, if your costs will have increased due to the delay, let your agent know that your best and final offer has been reduced by the amo...
by Pajamas
Wed Feb 21, 2018 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Need an education on Rental Insurance
Replies: 14
Views: 504

Re: Need an education on Insurance

They are certainly not apples-to-apples as far as coverage but both could be perfectly legitimate. Here are some differences to consider: https://intlxsblog.com/2015/10/19/property-coverage-forms-commercial-vs-personal-what-difference-does-it-make/ What you want to avoid is any coverage that does no...
by Pajamas
Wed Feb 21, 2018 12:47 am
Forum: Investing - Help with Personal Investments
Topic: Whole life->variable life or cash out
Replies: 3
Views: 312

Re: Whole life->variable life or cash out

What would the taxes be on $6k? If the taxes would be such a big deal to you, you could probably use the cash now. If the taxes wouldn't be such a big deal, it wouldn't be worth the trouble and opportunity cost of rolling it into another bad investment.
by Pajamas
Wed Feb 21, 2018 12:30 am
Forum: Personal Consumer Issues
Topic: OTC supplements without huge bottles?
Replies: 7
Views: 361

Re: OTC supplements without huge bottles?

Most all supplements come in bottles that are significantly larger than needed to hold the contents for ease of filling with machinery and perhaps to make you think you are getting more. Same with food. Only solution will be to repackage the supplements and as others have said, that could cause issu...
by Pajamas
Wed Feb 21, 2018 12:21 am
Forum: Personal Consumer Issues
Topic: Mental Accounting -- How to solve problem
Replies: 23
Views: 1551

Re: Mental Accounting -- How to solve problem

I think you are simply making things too difficult by overthinking everything. You seem to be setting inflexible rules for yourself such as saving 20% but not making allowances for the unexpected things that inevitably happen in life and then trying to game your own rules to win against yourself, if...
by Pajamas
Wed Feb 21, 2018 12:12 am
Forum: Personal Finance (Not Investing)
Topic: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?
Replies: 65
Views: 2593

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

1. This does not make sense to me. $3,053/month for ACA medical insurance coverage which covers very little seems unreasonable. Please explain. Insurance for people in their 60s is expensive. You spent $20k on healthcare. One or two hospitalizations and your medical care would have been much more t...
by Pajamas
Tue Feb 20, 2018 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Investing vs student debt
Replies: 13
Views: 599

Re: Investing vs student debt

Since there is an employer match on your 401(k)s, you would want to contribute enough to at least get the maximum match before you consider anything else. Also if you reduce a pre-tax contribution, your take-home pay will decrease even more.
by Pajamas
Tue Feb 20, 2018 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: Advice please: overpaid by previous employer, encountering incompetence when attempting to repay
Replies: 8
Views: 984

Re: Advice please: overpaid by previous employer, encountering incompetence when attempting to repay

I would send a check with a note letting them know that the amount requested doesn't seem to be correct. I wouldn't pursue it beyond that unless they later requested additional repayment beyond what you think is actually owed. It is their job to calculate the correct pay and I don't think it is your...
by Pajamas
Tue Feb 20, 2018 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Giving up on first home
Replies: 34
Views: 2514

Re: Giving up on first home

boglerocks wrote:
Tue Feb 20, 2018 10:25 pm

The property checks all of our boxes which is rare but yeah maybe it doesn't feel right any more.
This is one of those times your brain needs to overrule your gut.
by Pajamas
Tue Feb 20, 2018 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Horrible Experience with Ally New Account Opening Process
Replies: 20
Views: 1501

Re: Horrible Experience with Ally New Account Opening Process

I tried to open a checking account at an online bank about ten years ago and it was denied. They couldn't give me any information about why over the phone. I simply applied at a different bank without waiting to find out why because I had to open an account quickly because I was going to be away fro...
by Pajamas
Tue Feb 20, 2018 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Giving up on first home
Replies: 34
Views: 2514

Re: Giving up on first home

You're right, I have put a ton of time and effort into this so far but I feel like there is still a huge mountain to climb and then when I'm owner it looks like the real "fun" begins... and never ends. Basically I feel like my life will be a lot simpler and easier if I drop it. It is probably true ...
by Pajamas
Tue Feb 20, 2018 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Giving up on first home
Replies: 34
Views: 2514

Re: Giving up on first home

eye.surgeon wrote:
Tue Feb 20, 2018 10:05 pm
Why do you need a lawyer to buy a house, let alone lawyers.
Because some states require it. . . .

https://www.superiornotaryservices.com/ ... ly-states/

:oops:
by Pajamas
Tue Feb 20, 2018 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Sales tax deduction - definition of "renovation"
Replies: 1
Views: 184

Re: Sales tax deduction - definition of "renovation"

The Pub. 600 you are looking at, which tax year is it for?
by Pajamas
Tue Feb 20, 2018 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Giving up on first home
Replies: 34
Views: 2514

Re: Giving up on first home

If you're already in escrow and there are no significant problems or red flags, forge ahead. You didn't get to this point without a lot of thought and effort and it's normal to feel anxious when buying your first house or with any large purchase, for that matter, such as your first car.
by Pajamas
Tue Feb 20, 2018 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Yikes, I waited too long, am I [too late]? 50k to invest
Replies: 37
Views: 2641

Re: Yikes, I waited too long, am I [too late]? 50k to invest

A target date retirement fund is a type of investment that combines stocks and bonds in varying proportions over time. An IRA is a type of account that can hold various investments, including a target date retirement fund. You should take a deep breath and start with the basics before you do anythin...
by Pajamas
Tue Feb 20, 2018 4:15 pm
Forum: Personal Consumer Issues
Topic: frustrated with patek philippe poor service
Replies: 29
Views: 2218

Re: frustrated with patek philippe poor service

Do what one of my professors did. Wear the expensive broken watch for show and keep a Timex in your pocket to tell the time with. These days, you could just use your phone for the time, you wouldn't even need to buy a Timex. If you insist on a working watch, get someone here in the U.S. who speciali...
by Pajamas
Tue Feb 20, 2018 2:58 pm
Forum: Personal Consumer Issues
Topic: Paying for expedited credit card replacements?
Replies: 16
Views: 572

Re: Paying for expedited credit card replacements?

I had to have a very rarely-used debit card replaced while on vacation last year. The bank offered me the option of overnighting it for $35, if I remember correctly. I declined but they overnighted it anyway. 8-) Banks and credit card issuers have increased their dependence on fees. A fee to cover t...
by Pajamas
Tue Feb 20, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: Furnace Setting for Vacation
Replies: 22
Views: 1148

Re: Furnace Setting for Vacation

You also need to have a way to monitor the temperature or to ensure that the heat is working or have someone monitor it for you. If the heat fails, pipes can freeze, and then when they thaw, leak. That can cause a lot of damage resulting in expensive repairs. Some people are saying they lower their ...
by Pajamas
Tue Feb 20, 2018 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Connecticut is charging sales tax on out of state purchases
Replies: 40
Views: 2490

Re: Connecticut is charging sales tax on out of state purchases

Regarding the rotisserie chicken (and deli sandwiches, etc.), prepared food is sales/use taxable in CT. If you buy a rotisserie chicken in a supermarket in a Connecticut, whether it is subject to tax depends on where you pay for it. See the section, "Special Rules for Supermarkets": http://www.ct.g...
by Pajamas
Tue Feb 20, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Recent retiree - where to invest today
Replies: 7
Views: 789

Re: Recent retiree - where to invest today

Others will tell you not to time the market, to determine an allocation and stick with it. I'll give you a perspective on a related issue. At 65 your life expectancy is 18 years. You could keep $414,000 in near cash, say CDs, and spend about 4% adjusted for inflation starting with $16,560 a year and...
by Pajamas
Tue Feb 20, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Would umbrella policy protect from actions of litigious condo neighbor?
Replies: 13
Views: 1612

Re: Would umbrella policy protect from actions of litigious condo neighbor?

A condo policy usually includes some coverage for "loss assessments" or similar that pays if the condo association's coverage is exhausted in a situation such as you describe. That would probably apply before an umbrella policy.
by Pajamas
Tue Feb 20, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: Repairing Stucco: A Case of Contractor Gouging
Replies: 39
Views: 2680

Re: Repairing Stucco: A Case of Contractor Gouging

The difference between price fixing and price discrimination is explicit collusion - admittedly difficult to prove. I submit above that contractors explicitly collude by sharing "rules-of-thumb" about how they quote in different neighborhoods and furthermore punish those tradespeople who don't coop...
by Pajamas
Tue Feb 20, 2018 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Considering move to Tulsa, OK
Replies: 21
Views: 2203

Re: Considering move to Tulsa, OK

Do you have school-aged children? If so, consider how some of the state budget issues will affect their education.

http://www.tulsaworld.com/news/educatio ... 9e748.html
by Pajamas
Tue Feb 20, 2018 10:08 am
Forum: Personal Consumer Issues
Topic: Price of home heating oil vs gasoline?
Replies: 18
Views: 631

Re: Price of home heating oil vs gasoline?

Multiple reasons. Different products, seasonal demand is different, distribution systems are different. This seems to be a good overview of some of the factors: https://www.cga.ct.gov/2011/rpt/2011-R-0487.htm Here's a brief but good discussion of fuel oil issues: http://www.eei.org/issuesandpolicy/g...
by Pajamas
Tue Feb 20, 2018 9:52 am
Forum: Personal Consumer Issues
Topic: Repairing Stucco: A Case of Contractor Gouging
Replies: 39
Views: 2680

Re: Repairing Stucco: A Case of Contractor Gouging

Price fixing is illegal and a real drain on our economy. Class action suits have been filed for alot more trivial issues than this. No one victim warrants attention by the state, but if thousands are victimized, then the "private attorney general" steps in. Hence my original inquiry. And I'm tired ...
by Pajamas
Tue Feb 20, 2018 9:25 am
Forum: Personal Consumer Issues
Topic: Sams Club vs Costco
Replies: 64
Views: 4653

Re: Sams Club vs Costco

For many items there is nothing bad about "Wal-Mart" quality. That could be true, but it is also true that Walmart pressures manufacturers to make cheaper versions of their products specifically for Walmart so they can be sold less expensively. That is true for everything from food products to bicy...
by Pajamas
Tue Feb 20, 2018 8:27 am
Forum: Personal Consumer Issues
Topic: Suggest coffee maker please
Replies: 110
Views: 6311

Re: Suggest coffee maker please

Also the stainless version will last longer if you use it heavily. Aluminum will tend to warp from the heat. I love the sound these things make, I start drooling like a dog when I hear the rumble and whoosh! I have one made of aluminum that I have used for decades. It has certainly oxidized but has...
by Pajamas
Tue Feb 20, 2018 8:06 am
Forum: Personal Consumer Issues
Topic: Is this mold or foxing?
Replies: 3
Views: 798

Re: Is this mold or foxing?

Hard question to answer as some recent research has shown that microorganisms are likely involved in foxing. Brief discussion here with references provided: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3825568/ But that does look like typical foxing rather than a typical mold infestation. High humid...
by Pajamas
Tue Feb 20, 2018 7:59 am
Forum: Personal Consumer Issues
Topic: Suggest coffee maker please
Replies: 110
Views: 6311

Re: Suggest coffee maker please

One thing I should mention about the moka express pots is that eventually the rubber gasket needs replacement. Don't replace it with one from Bialetti. Get one online made of silicone instead. The ones made of silicone should last indefinitely rather than needing replacement every few years.
by Pajamas
Mon Feb 19, 2018 11:04 pm
Forum: Personal Consumer Issues
Topic: Gorilla Tape for Labels?
Replies: 14
Views: 884

Re: Gorilla Tape for Labels?

Good idea about the nail polish...and looking for it at a dollar store. I was considering it for the keys. It uses little brushes though. I don't think I could manuever a brush to write on a flash drive. But who knows. Yes, I think nail polish is best for applying a spot of color to be able to tell...
by Pajamas
Mon Feb 19, 2018 10:44 pm
Forum: Personal Consumer Issues
Topic: Gorilla Tape for Labels?
Replies: 14
Views: 884

Re: Gorilla Tape for Labels?

The boxes are black. You could probably use a permanent metallic marker to write on black plastic. Would one of those work with a black flash drive? I have a bunch of black SanDisk drives that I apply little stick-on labels to and I'm looking for something better. I'm assuming that the metallic mar...
by Pajamas
Mon Feb 19, 2018 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: What do Bogleheads think of Passive income through Dividend Stocks
Replies: 49
Views: 4513

Re: What do Bogleheads think of Passive income through Dividend Stocks

If you want to know more about the risks that people are referring to, you can google "sucker yield" and "yield chasing". High yields are often a signal that the market thinks the dividend will be cut. There are quite a few stocks yielding over 10% right now and that is even after some of them have ...
by Pajamas
Mon Feb 19, 2018 10:29 pm
Forum: Personal Consumer Issues
Topic: Suggest coffee maker please
Replies: 110
Views: 6311

Re: Suggest coffee maker please

Can you use drip coffee pre-ground grinds in a Moka pot? What will happen? And what about using espresso ground in a drip coffee maker? Thanks. You can use a coarser grind in a moka pot, but it is best to run it through a grinder first to get the finer espresso grind. I have been having to do this ...
by Pajamas
Mon Feb 19, 2018 10:18 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 427
Views: 33563

Re: What frugal thing did you do today?

I made an open face turkey sandwich for lunch using the two heels from the bread loaf. Waste not, want not. Chris I have never much liked the heels on sliced bread but I have found that if they are used in a sandwich with the crusty sides facing in that the difference is hardly noticeable, although...