Search found 8271 matches

by Watty
Wed Jul 27, 2016 8:18 am
Forum: Personal Consumer Issues
Topic: Buying a used DSLR Suggestion
Replies: 15
Views: 658

Re: Buying a used DSLR Suggestion

Even with a normal point and shoot a big problem with trying to put it in your pocket is that the built in lens caps are flimsy and are prone to breaking. The zoom lens on some of the cameras is pretty delicate too so keep that in mind if you are tempted by one of the superzoom cameras. One alternat...
by Watty
Tue Jul 26, 2016 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for 60+ year old
Replies: 3
Views: 732

Re: Advice for 60+ year old

Is she a US citizen and will she get medicare or social security? How much would a modest condo or house cost where you are living? If you are not in a high cost of living area then buying a condo or small house for cash for the low hundreds might make sense because she would then not need to worry ...
by Watty
Tue Jul 26, 2016 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Sell individual corporate bonds to pay off mortgage?
Replies: 21
Views: 685

Re: Sell individual corporate bonds to pay off mortgage?

Be sure to figure out what the capital gains would be if you sold the bonds.
by Watty
Tue Jul 26, 2016 8:41 pm
Forum: Personal Consumer Issues
Topic: Weld broken car door or buy a new one
Replies: 13
Views: 654

Re: Weld broken car door or buy a new one

What would the price be to buy a replacement door from a salvage yard?
by Watty
Tue Jul 26, 2016 8:26 pm
Forum: Personal Consumer Issues
Topic: Buying a used DSLR Suggestion
Replies: 15
Views: 658

Re: Buying a used DSLR Suggestion

KEH camera and B&H photo are two reputable used camera dealers that I have bought from. https://www.keh.com/ http://www.bhphotovideo.com/c/browse/Used-Equipment/ci/2870/N/4294247188 I would not buy camera equipment off of ebay, especially a month before a big trip when there is little time to re...
by Watty
Tue Jul 26, 2016 5:28 pm
Forum: Personal Consumer Issues
Topic: Traveling to Italy - 3 weeks in 2017, advice appreciated
Replies: 52
Views: 2470

Re: Traveling to Italy - 3 weeks in 2017, advice appreciated

giesen5 wrote:Well, hot damn. Finally pulled the trigger and have one-way tickets to Venice on June 23rd. So excited! Now the real research begins.


Not coming back?
by Watty
Tue Jul 26, 2016 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of Medigap (supplement) Policies
Replies: 12
Views: 706

Re: Cost of Medigap (supplement) Policies

There is no question that they may be priced differently at different companies. The core benefits are standardized, but a few states( Massachusetts, Minnesota, and Wisconsin) may have different rules according to this link so that might be where you are seeing differences if you are in one of those...
by Watty
Tue Jul 26, 2016 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Cost of Medigap (supplement) Policies
Replies: 12
Views: 706

Re: Cost of Medigap (supplement) Policies

You have to look at each component one by one of each plan , i.e. copays, deductibles, ability to see a specialist without approval, to just name a few but it takes some time to do the side by side comparison - wife and I went through the same exercise at the beginning of the year . Good Luck !!! T...
by Watty
Mon Jul 25, 2016 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Cash Balance Pension - company dicey
Replies: 7
Views: 642

Re: Cash Balance Pension - company dicey

I have had an old pension plan become underfunded and one thing that happened was that it triggered a rule where you could no longer take the lump sum. After about five years you could take half as a lump sum, and eventually all of it again. You really need to find out if the plan is under the PBGC ...
by Watty
Mon Jul 25, 2016 10:52 pm
Forum: Investing - Theory, News & General
Topic: Theory only... when to stop 401k contribution
Replies: 33
Views: 2520

Re: Theory only... when to stop 401k contribution

I know its always best to max out your 401k, but at what point is your balance large enough that maxed contributions are insignificant?? Again... just for fun and discussion, what is the magic amount when gains totally overshadow contributions? The "magic amount" is when you get to the po...
by Watty
Mon Jul 25, 2016 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: First house purchase advice
Replies: 14
Views: 1054

Re: First house purchase advice

Many people find that moving is harder once their kids start school since it can be hard on a kid to move away from their friends and go to a new school. You would likely want to move move during the summer too so they don't have to change schools during the middle of the school year. It sounds like...
by Watty
Mon Jul 25, 2016 12:01 pm
Forum: Personal Consumer Issues
Topic: Traveling to Italy - 3 weeks in 2017, advice appreciated
Replies: 52
Views: 2470

Re: Traveling to Italy - 3 weeks in 2017, advice appreciated

If you are planning on getting a rental car then check your credit card rental car coverage. Italy is often excluded. Read the reviews on any beaches that you might be going to carefully. You might find a hidden gem but compared to Florida, the Caribbean, or Mexico you will likely be underwhelmed an...
by Watty
Mon Jul 25, 2016 11:33 am
Forum: Personal Consumer Issues
Topic: Passport Nightmare
Replies: 31
Views: 3497

Re: Passport Nightmare

One additional thing to look at is what name is on the airline reservations since they may require that it be the same as on your passport. All the other people should check to make sure that their passports don't expire within six months of your expected return date. Some countries require that the...
by Watty
Mon Jul 25, 2016 10:53 am
Forum: Personal Consumer Issues
Topic: My experience with "older" used car
Replies: 49
Views: 3302

Re: My experience with "older" used car

Just FYI, Apparently the reason that most newer cars have power windows and locks is not just feature bloat but it is because to get better side crash protection they had to start putting a lot of extra metal beams in the doors to protect the occupants better in a side crash. That means that there i...
by Watty
Sun Jul 24, 2016 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Quit work and become SAHM - advice? regrets?
Replies: 40
Views: 3866

Re: Quit work and become SAHM - advice? regrets?

If you are getting your health insurance through your job and switch to your spouses health insurance you will need to start the deductible over for the year and may need to change doctors. It was not clear if you were expecting or have already had the kid(s) but if you are expecting it might be a g...
by Watty
Sun Jul 24, 2016 9:13 pm
Forum: Personal Consumer Issues
Topic: HVAC replacement,is that too risky to wait until this fall
Replies: 43
Views: 2531

Re: HVAC replacement,is that too risky to wait until this fall

One thing to remember is that it it fails then you can get a window or portable air conditioner for a couple of hundred dollars and keeping the bedroom cool might be enough to sleep at night to get you through to September. You could likely sell the portable AC next summer to get part of your money ...
by Watty
Sun Jul 24, 2016 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking wisdom on a career crossroad
Replies: 23
Views: 1641

Re: Seeking wisdom on a career crossroad

I company B is a competitor then they may just want to prevent them from getting you and not keeping you for the long term.
by Watty
Sun Jul 24, 2016 6:07 pm
Forum: Personal Consumer Issues
Topic: Buying a fairly new RV, suggestions.
Replies: 37
Views: 2630

Re: Buying a fairly new RV, suggestions.

Save up and pay cash for your toys... +1, especially a rapidly depreciating one. I looked at this a while back and there was a lot to be said for getting a trailer instead of an RV even though you might have to buy something to pull it with. A trailer is a lot simpler and when you get to where you ...
by Watty
Sun Jul 24, 2016 5:55 pm
Forum: Personal Consumer Issues
Topic: Trip/vacation package deals
Replies: 6
Views: 773

Re: Trip/vacation package deals

I am more keen in looking for a package vacations/trips deal instead of building an itinerary myself. It depends of you want to go out as a with a group each day and ride around on a tour bus, or just want a package then travel independently. You can book the hotels and airfare together as a packag...
by Watty
Sun Jul 24, 2016 5:46 pm
Forum: Personal Consumer Issues
Topic: Do Realtors Find FSBOs?
Replies: 41
Views: 2754

Re: Do Realtors Find FSBOs?

One thing I have not seen mentioned is that some states have pretty significant seller disclosure laws with significant penalties. Many FSBO people don't understand what is required and may be more likely to fudge the disclosure and a real estate agent may not want to get in the middle of a problem ...
by Watty
Sun Jul 24, 2016 5:36 pm
Forum: Personal Consumer Issues
Topic: Voice recording help
Replies: 5
Views: 246

Re: Voice recording help

A quick google found this.

http://www.lp2cd.com/transfers/home-mad ... ion-to-cd/

I know nothing about them.
by Watty
Sun Jul 24, 2016 2:02 pm
Forum: Personal Consumer Issues
Topic: New car or not?
Replies: 30
Views: 2201

Re: New car or not?

If you have a Pharmacist's income I'd say just suck it up and buy a SUV or car with AWD. Peace of mind is worth something. If you are legitimately scared driving this car and you will be doing a lot of driving for work, at your income it's not worth any "savings" by driving the current ca...
by Watty
Sun Jul 24, 2016 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Early retirees, how much did you leave on the table?
Replies: 180
Views: 11302

Re: Early retirees, how much did you leave on the table?

There have been a number of comments to the effect of "you can't buy more time" but that might not be entirely true. I have posted before that since I retired last year I have been exercising and dieting and that I have lost 40 pounds and my activity level is a lot higher. Prior to retirin...
by Watty
Sun Jul 24, 2016 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Where should the money go
Replies: 4
Views: 520

Re: Where should the money go

Does it make sense to drop my 401k to get employer match and then either add some to the cash reserve and some to the mortgage principal, or attack one first? Or neither of these? Except for giving a few more details this is really the same as your other post. "401k vs mortgage" https://w...
by Watty
Sun Jul 24, 2016 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Financing retirement before SS - when to retire
Replies: 20
Views: 2489

Re: Financing retirement before SS - when to retire

Once you have more confidence on what your current spending is you might want to make another post with more information following the guidelines here. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 You don't need to include everything but that might get some better insight into if yo...
by Watty
Sat Jul 23, 2016 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: New Job Position Request
Replies: 21
Views: 1115

Re: New Job Position Request

Moving to the other side of the audit table and going to work for one of your customers(or similar companies) that use your current companies software for compliance could be worth looking at. One drawback with any position like that though is that you would be considered as being overhead since you...
by Watty
Sat Jul 23, 2016 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Help please- recommendations for "lazy portfolio" in my 401k plan?
Replies: 8
Views: 417

Re: Help please- recommendations for "lazy portfolio" in my 401k plan?

The expense ratios on the target date funds look really good.

Why not just use them?
by Watty
Sat Jul 23, 2016 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Question on adding another credit card
Replies: 7
Views: 576

Re: Question on adding another credit card

Obviously locking in a rate for a house (we're building so we've had intermittent checks over the past year) and then with the addition of all these cards the hard inquiries were to be expected. I would be very careful about doing anything until the house construction is done and the final closing ...
by Watty
Sat Jul 23, 2016 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Is This a Good Investing Plan?
Replies: 22
Views: 1625

Re: Is This a Good Investing Plan?

If you don't have a strong reason for selecting a specific asset allocation you can just look at a Target Date retirement funds asset allocation and match that. I didn't try to add up the numbers but are you sure that you are not under-weighting small cap and mid cap stocks by using the S&P 500 ...
by Watty
Sat Jul 23, 2016 11:35 am
Forum: Personal Finance (Not Investing)
Topic: How to Freeze Credit
Replies: 13
Views: 379

Re: How to Freeze Credit

Here is a link on how to freeze your credit.

http://www.clark.com/credit-freeze-and-thaw-guide

When you get your PIN be sure not to lose it. It takes a lot of documentation to replace it which makes sense.
by Watty
Sat Jul 23, 2016 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Roth vs. Traditional when income varies
Replies: 18
Views: 542

Re: Roth vs. Traditional when income varies

I do contract work,..... In you have non-w2 wages for the contracting work then you can likely set up one of the many options that a self employed person has like a solo-401k and contribute around $50K to it if you have that much contracting income. I don't know all the options but there are others...
by Watty
Sat Jul 23, 2016 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Financing retirement before SS - when to retire
Replies: 20
Views: 2489

Re: Financing retirement before SS - when to retire

I would say you are easily there now. Set aside 8-10 years of $45k in safe assets to withdraw from 60 through 70.Let the rest grow in a reasonable asset allocation and then you will have SS plus a decent sized portfolio to live off from 70 for the rest of your life. Should be more than enough. +1 N...
by Watty
Sat Jul 23, 2016 7:53 am
Forum: Investing - Theory, News & General
Topic: unusual/unique/creative provisions in IPS?
Replies: 10
Views: 636

Re: unusual/unique/creative provisions in IPS?

perhaps adding a quirky provision You could add a provision in it that if you ever need to change the IPS then you will give a $100 donation to a charity or political group that you are strongly against. That would help keep you from changing it without real good cause. It shouldn't be fun - slow a...
by Watty
Sat Jul 23, 2016 7:38 am
Forum: Investing - Theory, News & General
Topic: Reliving the Nightmare of the Crisis
Replies: 119
Views: 8308

Re: Reliving the Nightmare of the Crisis

What did you learn that you continue to apply today? That for someone that is still in the accumulation phase a bad market is actually a good thing for them. (assuming that it eventually recovers). I was in my early 50's in 2008 and seeing the value of my 401k shrink when I was not far from from re...
by Watty
Fri Jul 22, 2016 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice Please
Replies: 2
Views: 282

Re: Investment Advice Please

The taxable account should be sufficient to build and live until we get to 591/2 which is why the taxable has the bond holdings. It will be another 10 before we can touch the retirement accounts which is why they are less conservative. There are a number of ways that you can access the retirement a...
by Watty
Fri Jul 22, 2016 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: IRA beneficiaries question
Replies: 15
Views: 1075

Re: IRA beneficiaries question

Can anyone think of any reason she should put me as the back up instead of our minor children? As others have said retirement accounts are tricky to do with trusts or young people so she may not have wanted to deal with the lawyers any more than necessary right now since she is still grieving after...
by Watty
Fri Jul 22, 2016 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Dump $5500 to Roth IRA on Day 1 of every year or split contribution to 12 months?
Replies: 32
Views: 2932

Re: Dump $5500 to Roth IRA on Day 1 of every year or split contribution to 12 months?

If you have relatively high income then something like a bonus could increase it to the point where you are not eligible for a Roth.
by Watty
Fri Jul 22, 2016 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Pension distribution Question
Replies: 10
Views: 728

Re: Pension distribution Question

a) 50% survivor: $2,450/mo with $1,232 survivor b) 75% survivor: $2,350/mo with $1,760 survivor c) 100% $2,250/ month at retirement continuing until my wife passes. Going from B to C would only cost you $100 a month before paying taxes on it. When you factor in state taxes and possibly being in the...
by Watty
Fri Jul 22, 2016 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Early retirees, how much did you leave on the table?
Replies: 180
Views: 11302

Re: Early retirees, how much did you leave on the table?

I prefer the question......How much extra life will I get by retiring early. That is especially important for a couple since even if you have good health and are vigorous to a ripe old age your spouse may not be. I didn't look up the statistics but for a couple retiring at 65 the odds of them both ...
by Watty
Fri Jul 22, 2016 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Help with leaving employment - rollover pension or leave it?
Replies: 19
Views: 919

Re: Help with leaving employment - rollover pension or leave it?

Please do not. To achieve a 1000/month income with a 4% withdrawal rate, it will require a balance of 300k, or 8.8x of 34k. Therefore you need your investment to grow more than 7.5%. This is very hard to achieve given the low long term yield and record high stock index level. That is not a good com...
by Watty
Fri Jul 22, 2016 8:14 am
Forum: Personal Consumer Issues
Topic: Should one upgrade to Windows 10? Free thru July 29?
Replies: 35
Views: 2557

Re: Should one upgrade to Windows 10? Free thru July 29?

One thing to do is to Google the brand and model number of your laptop along with "windows 10 upgrade" to see if there are lots of posts with people that had problems with doing the upgrade. When I did did that for my laptop I saw several posts about a problem with the sound, but there was...
by Watty
Fri Jul 22, 2016 7:59 am
Forum: Investing - Help with Personal Investments
Topic: Immediate annuities and my retirement plan
Replies: 48
Views: 4072

Re: Immediate annuities and my retirement plan

One thing to do before buying an annuity is to have a good physical and to ask your doctor if there are any tests they would recommend even if the insurance company will not pay for them. You want to have as much information about your health as possible before buying an annunity. You did not mentio...
by Watty
Fri Jul 22, 2016 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house with a partner with separate assets
Replies: 13
Views: 1275

Re: Buying a house with a partner with separate assers

whodidntante wrote:I would ask an attorney.


+1

Both of you should also have life and disability insurance as well as wills in case something happens to one of you. A big complication is if one of you dies and their estate goes to someone else, but the survivor cannot afford to buy their share of the house.
by Watty
Thu Jul 21, 2016 7:34 pm
Forum: Personal Consumer Issues
Topic: Expensive car maintenance or allocate to next car fund?
Replies: 31
Views: 1599

Re: Expensive car maintenance or allocate to next car fund?

Just checking, I would assume that those prices are at a good independent shop and not at the dealership. You also need to consider how much longer it will be until it needs new tires since they can be expensive depending on what type of tire the car takes and that can be a significant percentage of...
by Watty
Thu Jul 21, 2016 6:59 pm
Forum: Personal Consumer Issues
Topic: Most economical overseas travels
Replies: 22
Views: 1919

Re: Most economical overseas travels

Hi: We are recently retired and are very flexible. Looking for tips (or sites) on cheapest vacations overseas and/or cruises. What do you normally do to save $$ (e.g. wait until last minute to book cruises) if you are 100% flexible--can go anywhere anytime. Thanks. If you are checking out hotel pri...
by Watty
Thu Jul 21, 2016 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: 15 Year vs 30 Year Mortgage + Student Debt
Replies: 13
Views: 1159

Re: 15 Year vs 30 Year Mortgage + Student Debt

On another topic, while I am currently directing all budget excess towards student loans, I do often wonder if my retirement contribution is lacking vs quickly paying off debt? Your net worth goes up by the same thousand dollars if you save it in retirement savings or pay down the debt. This means ...
by Watty
Thu Jul 21, 2016 8:34 am
Forum: Personal Finance (Not Investing)
Topic: 15 Year vs 30 Year Mortgage + Student Debt
Replies: 13
Views: 1159

Re: 15 Year vs 30 Year Mortgage + Student Debt

I would go with the 30 year loan since once you have kids one parent may decide or need to be a stay at home parent for a while. Things can happen that make daycare for an infant or toddler hard to do like if the kid has health issues or even mild special needs. If you have two or more kids then the...
by Watty
Wed Jul 20, 2016 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Large Cap Gain in Cash and AA has to be redone.
Replies: 12
Views: 964

Re: Large Cap Gain in Cash and AA has to be redone.

Earl Lemongrab wrote:Did the CPA explain why?


+1

You really need to understand why. If you are on the edge of getting into ATM or an income phase out you need to know that. I would ask the CPA for more details since what to do really depends on why the CPA said that.
by Watty
Wed Jul 20, 2016 10:30 pm
Forum: Personal Consumer Issues
Topic: Do chipped ATM only cards offer more protection vs unchipped?
Replies: 21
Views: 1457

Re: Do chipped ATM only cards offer more protection vs unchipped?

Are there many ATM-only cards? My Chase and Citi ATM cards double as debit cards. My local Citi ATM reads the chip (I have to dip so it can read the magstrip, then reinsert for it to read the chip). I don't know. You have to request one from your financial institutions, and not all will offer it. [...
by Watty
Wed Jul 20, 2016 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Help With Picking Job Title at Startup
Replies: 33
Views: 2112

Re: Help With Picking Job Title at Startup

Would having a title that says you are an officer of the company exposure you to any liability that you would not have if your job title was something "Senior Manager of Bottle Washing"? I never worked at that level but I have heard of senior executives having errors and omission insurance...

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