Search found 345 matches

by Wellfleet
Sun Apr 23, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: how much house can we afford? Boston area.
Replies: 50
Views: 3051

Re: how much house can we afford? Boston area.

With your income, you could buy a 5000+ sq ft new home in a lower cost, higher quality of life location. We call this moving "out to 495" in Massachusetts. :happy OP, it definitely matters what your profession is and where the job centers are. If you for see needing to commute to Boston f...
by Wellfleet
Fri Apr 21, 2017 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Child's Debt Consolidation
Replies: 9
Views: 1151

Re: Child's Debt Consolidation

You might consider a carrot if you would like to help financially like matching a ROTH contribution or something like that.
by Wellfleet
Wed Apr 19, 2017 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Adult child lack of availability at tax time.
Replies: 24
Views: 1874

Re: Adult child lack of availability at tax time.

corysold wrote:I think letting the IRS contact him is a great idea.

He is an adult. Unless he is a mental state where he actually needs your help, you should stop providing it. Doing your adult sons taxes is doing him no favors.


+1
by Wellfleet
Tue Apr 18, 2017 1:09 pm
Forum: Personal Consumer Issues
Topic: Boston Marathon - Hotel Plan?
Replies: 29
Views: 3664

Re: Boston Marathon - Hotel Plan?

I'd try to find out where the shuttles depart that will bring you to the race start and find something easily accessible to that. For instance, I heard on the radio yesterday that some shuttles were departing from a part of the city that isn't really near the race finish so I'd suspect that hotels w...
by Wellfleet
Tue Apr 18, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford private school for my kids?
Replies: 67
Views: 4946

Re: Can I afford private school for my kids?

We have also found that their small private school is more diverse in every way than our highly rated public schools. This is an interesting statement I'm having a hard time wrapping my head around. Me too, I find that hard to believe ^^. At least in New England, schools are organized by municipali...
by Wellfleet
Mon Apr 17, 2017 9:41 am
Forum: Personal Consumer Issues
Topic: Any MPA Grads or Students? Advice.
Replies: 9
Views: 810

Re: Any MPA Grads or Students? Advice.

Beyond what an old friend is up to, think about jobs you would like to have at some point and determine what the qualification are to get that position. Are there certifications that you can get that serve the same purpose, etc? Try looking on indeed.com and insert the qual you have to see how many ...
by Wellfleet
Mon Apr 10, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Advice: Overextending by buying? How much house to buy?
Replies: 57
Views: 4667

Re: Advice: Overextending by buying? How much house to buy?

At the risk of repeating others, are you concerned about being locked into one employer for 20 years?
by Wellfleet
Mon Apr 10, 2017 12:59 pm
Forum: Personal Consumer Issues
Topic: Help me decide what to do with my cars
Replies: 34
Views: 1552

Re: Help me decide what to do with my cars

bearpaws wrote:
gator15 wrote:Do you live in the Midwest? I need a commuter car. That civic would be great.



nope sorry :happy


I sometimes think that a BH classified section would be a great idea although agreeing on prices would be a bear. :happy
by Wellfleet
Fri Mar 31, 2017 2:29 pm
Forum: Personal Consumer Issues
Topic: What career helped you become wealthy?
Replies: 75
Views: 8518

Re: What career helped you become wealthy?

Hey Bogleheads, Just curious as to some of the more popular professions around the board that have provided healthy sources of income to lead you to wealth? For instance, I'm only 24 and a recent grad but am in IT sales. Does anyone trade/invest for a living? OP, I think you are in an excellent pro...
by Wellfleet
Thu Mar 30, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Boston apartment hunting advice/can I afford a studio?
Replies: 48
Views: 3403

Re: Boston apartment hunting advice/can I afford a studio?

An agent and a realtor is the same thing when looking for an apartment rental in Boston.

I would say that despised dealing with them.
by Wellfleet
Wed Mar 29, 2017 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Not opting for 529... anyone else?
Replies: 175
Views: 9872

Re: Not opting for 529... anyone else?

Jack FFR1846 wrote:I opened my first 529 and funded it using the bonus on the Fidelity card plus some money otherwise.


This is what I do too. Miscellaneous small gifts (~$100) from grandparents go in it too.

Plan to use ROTHS and cash flow when the time comes.
by Wellfleet
Tue Mar 28, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Realtor vs MLS Listing Service
Replies: 13
Views: 722

Re: Realtor vs MLS Listing Service

cbr shadow wrote: The home will also be unoccupied, so I’m motivated to sell it as quickly as possible.
-Ryan


Have you considered auctioning it if you want it sold ASAP? Might save on the commissions but I have no idea what an auctioneers commission is.
by Wellfleet
Tue Mar 28, 2017 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Boston apartment hunting advice/can I afford a studio?
Replies: 48
Views: 3403

Re: Boston apartment hunting advice/can I afford a studio?

How frequently do you need to drive for work? Enterprise was very convenient for me when I was carless living in Boston for 10 years renting. I really have a tough time recalling any friends or acquaintances with similar incomes at that age who could afford a studio in Boston. I also suggest reconsi...
by Wellfleet
Fri Mar 17, 2017 2:32 pm
Forum: Personal Consumer Issues
Topic: (Updated Again- Happy Ending) Issue With Contractor. What to do?
Replies: 56
Views: 5458

Re: (Updated)Issue With Contractor. What to do?

I would request all of my monies be returned in exchange for not posting negative online reviews or taking legal action. Then have the work inspected and repaired accordingly. And as a general contractor, I agree that this was very inexpensive for the scope of work. I agree with recommendation. It ...
by Wellfleet
Fri Mar 17, 2017 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Advice: Overextending by buying? How much house to buy?
Replies: 57
Views: 4667

Re: Advice: Overextending by buying? How much house to buy?

I don't have your income but seems to me like these sweeteners distract you from the big picture. It's like saying, oh we will now have a washing machine if we buy a house and won't need to go to the laundry and will have $100 a month more to devote to the mortgage! Its funny math that doesn't help ...
by Wellfleet
Fri Mar 17, 2017 2:11 pm
Forum: Personal Consumer Issues
Topic: Oh Baby, Baby - End of new car purchase story
Replies: 7
Views: 2010

Re: Oh Baby, Baby - End of new car purchase story

Yes, many thank yous to Bogleheads who have saved me thousands purchasing cars, houses, investments, organic rice :happy
by Wellfleet
Thu Mar 16, 2017 7:45 am
Forum: Investing - Help with Personal Investments
Topic: How do you cope with regret over selling too soon?
Replies: 57
Views: 3307

Re: How do you cope with regret over selling too soon?

What if you had 2,000 shares of Blackberry, Enron, Pets.com, etc.?

I should've bought apple @ $10 a share when we were the only people around with Macs in the 90's.

No regrets! :happy
by Wellfleet
Wed Mar 15, 2017 2:13 pm
Forum: Personal Consumer Issues
Topic: $464.12 dinner bill last night. No regrets.
Replies: 78
Views: 10033

Re: $464.12 dinner bill last night. No regrets.

Great story. It's hard to find ways to pay back those who we "owe" but this experience sounds excellent.
by Wellfleet
Wed Mar 15, 2017 8:30 am
Forum: Personal Consumer Issues
Topic: What to do with $100???
Replies: 78
Views: 5388

Re: What to do with $100???

Get a cheap lunch and leave a giant tip. It will make someone's day.
by Wellfleet
Tue Mar 14, 2017 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Leasing car in May. Get 1st CC now or wait? (720+ score)
Replies: 12
Views: 664

Re: Leasing car in May. Get 1st CC now or wait? (720+ score)

Hmm, Toyota's current lease deals for its 2017 models run around $200+. Haven't seen anything much lower for them. Were those ads from other dealers? My point is that I would think that cheap leases would be made available to a variety of people with credit lower than 720 and that you shouldn't be ...
by Wellfleet
Tue Mar 14, 2017 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Leasing car in May. Get 1st CC now or wait? (720+ score)
Replies: 12
Views: 664

Re: Leasing car in May. Get 1st CC now or wait? (720+ score)

Based on the ads I see for $50 or $100 leases per month I can't imagine that one would need a very high credit score to qualify and I would think that any hit you would take on a 720 score related to applying for a credit score would be negligible.
by Wellfleet
Thu Mar 09, 2017 2:47 pm
Forum: Personal Consumer Issues
Topic: Sizing a ductless min-split for basement
Replies: 58
Views: 3002

Re: Sizing a ductless min-split for basement

Wow, heard of these but never knew anyone who actually, installed - how did you determine to go with a floor unit vs. wall? Mostly the look. Our family's supreme allied commander (not me) did not like the wall mounted look in a high traffic room. Mitsubishi offers one too but no installer had exper...
by Wellfleet
Thu Mar 09, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: Sizing a ductless min-split for basement
Replies: 58
Views: 3002

Re: Sizing a ductless min-split for basement

We had a Fujitsu AOU15RLFFH floor unit installed in our kitchen/dining room, first floor with condenser and drains through walkout basement. We installed primarily for cooling and shoulder season heating. Took a few minutes of discussion with installer once we had finished basement ceiling opened up...
by Wellfleet
Thu Mar 09, 2017 1:30 pm
Forum: Personal Consumer Issues
Topic: Sizing a ductless min-split for basement
Replies: 58
Views: 3002

Re: Sizing a ductless min-split for basement

We just had one put in yesterday. Don't forget about the condensate drain location. It will need to gravity flow to drain or outside or be pumped.
by Wellfleet
Tue Mar 07, 2017 10:39 am
Forum: Personal Consumer Issues
Topic: Advice on relocation or staying put
Replies: 83
Views: 5630

Re: Advice on relocation or staying put

WildBill wrote:
Now that I wrote this I think I might do it myself. Texas summers suck.



Yes, I talked myself right out of living in Massachusetts.
by Wellfleet
Tue Mar 07, 2017 9:42 am
Forum: Personal Consumer Issues
Topic: Sizing a ductless min-split for basement
Replies: 58
Views: 3002

Re: Sizing a ductless min-split for basement

I would keep looking until an installer can mention the Manual J and that they will be doing one to size correctly. I had 2 "recommended" installers make wild guesses about what I needed and one that ran the Manual J before making their recommendation. They were hesitant to share it with m...
by Wellfleet
Mon Mar 06, 2017 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you spend on food in a year?
Replies: 155
Views: 7400

Re: How much do you spend on food in a year?

I'm always surprised when people say they go out to dinner and spend $30 for 2. Do most people consider eating out going to Applebees? I have no interest eating at those types of restaurants. I like nice restaurants as much as the next person but price does not equal quality. I actually find it fai...
by Wellfleet
Mon Mar 06, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you spend on food in a year?
Replies: 155
Views: 7400

Re: How much do you spend on food in a year?

$12,000 last year inclusive of groceries ($9500) restaurants ($2500) for family of 3 including 1 small child. This mostly excludes household products and diapers.
by Wellfleet
Mon Mar 06, 2017 12:13 pm
Forum: Personal Consumer Issues
Topic: Advice on relocation or staying put
Replies: 83
Views: 5630

Re: Advice on relocation or staying put

I live in the area you are talking about. What is your estimated house budget? I think someone posted on Bogleheads at one point that the Interstate 495 area in Massachusetts is more of medium-cost than high cost area to live. I like Massachusetts as much as anyone but I'd give Richmond, VA some con...
by Wellfleet
Fri Mar 03, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Why can't I save enough to have decent vacation or restaurant meal
Replies: 125
Views: 11516

Re: Why can't I save enough to have decent vacation or restaurant meal

It's definitely about priorities and some good luck like avoiding major illness, job loss, etc. I have three family/friends who I admire financially. None ate ramen for the last 40 years or avoided going out but did choose to avoid some of the trappings related to their upper middle class/upper clas...
by Wellfleet
Thu Mar 02, 2017 10:13 am
Forum: Personal Finance (Not Investing)
Topic: How Much to Stretch for "Forever Home"
Replies: 42
Views: 3992

Re: How Much to Stretch for "Forever Home"

I agree with this which is why my rule of thumb for how much house I can afford has always been take the lesser amount of what I think I can afford and what the bank says I can afford and divided by two. I don't spend more than that amount. When I was looking for a mortgage, I didn't ask the bank h...
by Wellfleet
Wed Mar 01, 2017 3:25 pm
Forum: Personal Consumer Issues
Topic: Family Hounding me to Purchase SUV or Minivan
Replies: 61
Views: 4134

Re: Family Hounding me to Purchase SUV or Minivan

I am confused:
PlagueOnWheels wrote:Ford Fusion! My 2007 has over 220,000. Great car, the 2017's have a beautiful body style.
by Wellfleet
Wed Mar 01, 2017 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: How Much to Stretch for "Forever Home"
Replies: 42
Views: 3992

Re: How Much to Stretch for "Forever Home"

25% of your income devoted to principal, interest, taxes, and insurance (PITI) is higher than most on this Forum will recommend, especially since you have a pretty high income.
by Wellfleet
Wed Mar 01, 2017 12:05 pm
Forum: Personal Consumer Issues
Topic: Vehicle purchase
Replies: 43
Views: 2185

Re: Vehicle purchase

Keep the current car. Spend some money sending essentials to the grandparents like diapers, toys, pack and play. That way the kids have some special toys that are only at the grandparents.
by Wellfleet
Mon Feb 27, 2017 3:26 pm
Forum: Personal Consumer Issues
Topic: Where to start - converting from generator/UPS to more reasonable solar / powerwall?
Replies: 70
Views: 5135

Re: Where to start - converting from generator/UPS to more reasonable solar / powerwall?

I am confused. It sounds like you have two projects, energy conservation AND right sizing the generator? If so, I would probably focus on energy conservation and then buy the smallest, serviceable backup generator that you need. If you were trying to combine both, I'd recommend a combined heat and p...
by Wellfleet
Mon Feb 27, 2017 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare/ACA and Early Retirement
Replies: 16
Views: 1305

Re: Obamacare/ACA and Early Retirement

livesoft wrote:
Wellfleet wrote:Someone else will chime in but discussing potential law changes is not allowed on the Forum. Might try to rephrase question if you want useful answer.

There was no question, so there is no useful answer.


:sharebeer
by Wellfleet
Mon Feb 27, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare/ACA and Early Retirement
Replies: 16
Views: 1305

Re: Obamacare/ACA and Early Retirement

Someone else will chime in but discussing potential law changes is not allowed on the Forum. Might try to rephrase question if you want useful answer.
by Wellfleet
Mon Feb 27, 2017 11:57 am
Forum: Personal Consumer Issues
Topic: Do Boglehead DIY or Pay a Professional?
Replies: 95
Views: 7493

Re: Do Boglehead DIY or Pay a Professional?

My rule, as of today is that I pay for a service if performing it has serious risk of damage to my family or property and I am not proficient in the service. And if the I consider cleaning gutters, using a snowblower and mowing lawns as DIY for myself (right now) because I am proficient and familiar...
by Wellfleet
Mon Feb 27, 2017 9:37 am
Forum: Personal Consumer Issues
Topic: Septic System Groundcover
Replies: 8
Views: 590

Re: Septic System Groundcover

10000 square feet! That is some monster leach field and if your nom de plume relates to your location, I would assume that you have somewhat sandy, well drained (maybe too well drained soil), are you sure that the leach field covers that entire area? The leach field is probably half that size maybe...
by Wellfleet
Mon Feb 27, 2017 9:21 am
Forum: Personal Consumer Issues
Topic: Septic System Groundcover
Replies: 8
Views: 590

Re: Septic System Groundcover

I'm not certain, but I had the idea that septic was mostly used in areas that are more arid, since precipitation can overwhelm the ET as well. I know they work well here in Colorado. Septics are common all over the place. Thanks for the info, I've actually never heard of an ET system that you descr...
by Wellfleet
Mon Feb 27, 2017 8:57 am
Forum: Personal Consumer Issues
Topic: Septic System Groundcover
Replies: 8
Views: 590

Septic System Groundcover

I am in New England and have a new septic system that I understand should be kept fairly tree and shrub free in order to maintain it correctly in the long term. It was installed late fall after the growing season ended so there is nothing on it now. It has about 6-12" of crushed leaves and pine...
by Wellfleet
Fri Feb 24, 2017 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement vs Down Payment
Replies: 32
Views: 2508

Re: Retirement vs Down Payment

[quote="wilked"] Any of the above (and there were a few) that think buying a $500K home on 2 salaries of $40 and $60K, with potential kids in 5 years, is a reasonable plan, are crazy in my opinion. Not just a little crazy, but seriously crazy. quote] Did you see that the OP has a five year...
by Wellfleet
Fri Feb 24, 2017 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Retirement vs Down Payment
Replies: 32
Views: 2508

Re: Retirement vs Down Payment

I am in the same metro region. I share the recommendation with other posters to max your contribution and reduce spouses.

Maybe it's my group of friends but all of them who bought a home under 30 near Boston has already moved to a new house.
by Wellfleet
Thu Feb 23, 2017 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Honda: buy new or used?
Replies: 29
Views: 1513

Re: Honda: buy new or used?

Assuming you can afford it, I like the idea that I am responsible for all impacts to the car so I would buy new.
by Wellfleet
Thu Feb 23, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Another can we afford home thread!
Replies: 50
Views: 3342

Re: Another can we afford home thread!

But everyone's different. I have a +5,000 sq. foot house (including finished basement), and it feels small. I would feel like a financial loser if I lived in a 2,400 sq. foot house, but that's me.....again, everyone is different. I agree. Same issue as car threads where everyone should be purchasin...
by Wellfleet
Wed Feb 22, 2017 9:20 pm
Forum: Personal Consumer Issues
Topic: Staying at Disneyworld
Replies: 30
Views: 3348

Re: Staying at Disneyworld

Good Listener wrote:Why not just not go? Seems like such a waste of time. I suspect most of us didn't go because it wasn't open yet (me) or parents couldn't afford (me and others I'm sure). And we survived


who cares why the OP wants to go? Is everyone required to share the same interests as you?
by Wellfleet
Wed Feb 22, 2017 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiate lowball offer? (new job)
Replies: 47
Views: 4053

Re: Negotiate lowball offer? (new job)

OP if it makes you feel any better when I graduated from college from a top university in 2008 the best I could do was get a temp job. I eventually got hired on full time for $45,000. I asked for $50,000 and was told to take it or leave it. Last year, while still at the same company, I made $125,00...
by Wellfleet
Wed Feb 22, 2017 12:16 pm
Forum: Investing - Theory, News & General
Topic: AP: Americans buy existing homes at fastest pace in a decade
Replies: 45
Views: 4136

Re: AP: Americans buy existing homes at fastest pace in a decade

If you live in an expensive state, you might want to review how much prices dropped in the last recession. They may have held steady or only declined a small percentage that really wouldn't help you at this point.
by Wellfleet
Tue Feb 21, 2017 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Agencies
Replies: 2
Views: 277

Insurance Agencies

I am trying to determine what the "John Doe" type Insurance agency does. I've noticed a few acquaintances work at or have started an "your name here" insurance agency. Are they typically brokers? Should I stay away? If little harm to me I might have them broker auto or home insur...
by Wellfleet
Mon Feb 20, 2017 9:17 am
Forum: Personal Consumer Issues
Topic: Anyone have a house keeper ("Mommy's" helper)?
Replies: 23
Views: 2450

Re: Anyone have a house keeper?

I think "Mom's Helper" is the term you might be looking for. We don't have one but I get the impression that this is somewhere in between a nanny and house cleaner (which we call a housekeeper around here). I was informed by dear spouse that a "mom's helper" is a babysitter or n...

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