Search found 1500 matches

by adamthesmythe
Tue Sep 19, 2017 11:31 am
Forum: Personal Consumer Issues
Topic: Car recommendation
Replies: 18
Views: 1364

Re: Car recommendation

> We drive 7-8k/year in an urban environment and street park.

Higher probability of a fenderbender, vandalism, or theft relative to the burbs. Insurance is unlikely to make you completely whole.

If you want to own a new car go for something as vanilla as possible.
by adamthesmythe
Mon Sep 18, 2017 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Save/invest and buy house with cash - yes/no?
Replies: 16
Views: 1027

Re: Save/invest and buy house with cash - yes/no?

If you are ready to buy (in that your job is stable, you plan to stay in the area, etc.) it rarely makes sense to save that much. Save for a healthy down payment and a good-sized cash reserve, yes. For 100% of price, no. Somewhere along the way to having 100% you will find that your rent becomes gre...
by adamthesmythe
Sat Sep 16, 2017 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Mfr. home in SoCal......
Replies: 4
Views: 722

Re: Mfr. home in SoCal......

> a double wide manufactured home would be affordable

The cost of a double wide may be affordable

The value will continuously decrease.
by adamthesmythe
Sat Sep 16, 2017 5:59 pm
Forum: Personal Consumer Issues
Topic: saving an edited pdf file?
Replies: 14
Views: 627

Re: saving an edited pdf file?

> Reader says you can't save with the data you type in

It is certainly possible to print an altered file to pdf using the full ($) version of Acrobat.
by adamthesmythe
Fri Sep 15, 2017 12:42 pm
Forum: Personal Consumer Issues
Topic: Should I upgrade an old but functional vanity?
Replies: 23
Views: 1264

Re: Should I upgrade an old but functional vanity?

If the rest of the unit is of similar vintage and finish then just replacing this one thing will not make a significant impact on sales price. A well-done ROOM (especially kitchen or bath) can be a selling point. Inexpensive new vanities will be new builder's grade vs. old builder's grade. Buyers wi...
by adamthesmythe
Tue Sep 12, 2017 10:19 pm
Forum: Personal Consumer Issues
Topic: Best Lower Cost USA Cities to Live
Replies: 102
Views: 6873

Re: Best Lower Cost USA Cities to Live

Flagstaff is known for relatively high housing costs relative to the rest of Arizona. The winter is not as severe as you might think from the amount of snow.

Some in the area complain bitterly about the lack of well-paying jobs.
by adamthesmythe
Mon Sep 04, 2017 1:21 pm
Forum: Investing - Theory, News & General
Topic: China drops the Hammer on Cryptocurrencies
Replies: 23
Views: 2854

Re: China drops the Hammer on Cryptocurrencies

> 1,101 cryptos

Wow. Need a scorecard, or a tip sheet, or something.
by adamthesmythe
Fri Sep 01, 2017 4:00 pm
Forum: Personal Consumer Issues
Topic: Help Customizing Streaming TV Options
Replies: 10
Views: 899

Re: Help Customizing Streaming TV Options

Your problem is that you want to watch sports, and sports account for a large part of cable programming costs.

https://www.theatlantic.com/business/ar ... ts/274575/
by adamthesmythe
Fri Sep 01, 2017 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Discover card inquiry about income and liquid assets
Replies: 50
Views: 3520

Re: Discover card inquiry about income and liquid assets

No reason to answer honestly. I would answer dishonestly on the low side.
by adamthesmythe
Wed Aug 30, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Sale situation - Input Needed
Replies: 11
Views: 743

Re: Real Estate Sale situation - Input Needed

> The property is appraised at @ $7,000 Sounds like it could cost more than this in legal fees to straighten out things enough to sell. Even then, land (as opposed to land + a house) may not be very easy to sell. > It ain't worth $2500 If he would go for 2000 and a quit claim deed I think you have a...
by adamthesmythe
Wed Aug 30, 2017 1:30 pm
Forum: Personal Consumer Issues
Topic: Refurbished or New TV?
Replies: 29
Views: 1795

Re: Refurbished or New TV?

> you can drive home with a new TV

Measure your vehicle first. 55 inch doesn't quite fit in my crossover (in the box, anyway) and 60" no way. Laying on the side is not recommended although It did work for a very old flatscreen.
by adamthesmythe
Wed Aug 30, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: How much sooner could you retire with NO property taxes?
Replies: 116
Views: 7145

Re: How much sooner could you retire with NO property taxes?

I could have retired sooner if I lived in my car. Or even better if I lived i my car and didn't eat. Or ate Watt's diet.
by adamthesmythe
Tue Aug 29, 2017 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: How do you know you're not being scammed when buying a house?
Replies: 33
Views: 3156

Re: How do you know you're not being scammed when buying a house?

For most people, the answer is title insurance.

If this still worries you, maybe rental is the answer for you.
by adamthesmythe
Tue Aug 29, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: High-Deductible Health Plan vs. Peace of Mind
Replies: 42
Views: 4022

Re: High-Deductible Health Plan vs. Peace of Mind

When working I always had a PPO, despite being in a position to eat any deductibles for a high-deductible plan. It meant that I never had to think about going to the doctor for anything. And it kept my finances simple.
by adamthesmythe
Tue Aug 29, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Administration Question
Replies: 65
Views: 4173

Re: Estate Administration Question

If Joe is a beneficiary he may want to front the money. If not- and if the beneficiaries do not want to do this either- I don't think it is irresponsible to pile up late fees that would be paid by the estate before distribution. The only essential immediate payment is house insurance. It would be a ...
by adamthesmythe
Mon Aug 28, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Idea to Have Zero Credit Cards?
Replies: 129
Views: 6008

Re: Bad Idea to Have Zero Credit Cards?

Depends on how tolerant you are of inconvenience when traveling.

I assume you never buy anything on line? Or do you still keep a debit card??
by adamthesmythe
Mon Aug 28, 2017 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: suggestion on buying our first home
Replies: 31
Views: 2477

Re: suggestion on buying our first home

OP can presumably assess the probability of tenure. This will depend greatly on department and university. Usually it can be assessed pretty well, but there can always be surprises. 5-6 years to a tenure decision makes buying a house a reasonable idea. I recommend keeping in mind the possibility of ...
by adamthesmythe
Fri Aug 25, 2017 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Jeep...$1,000 credit for biz owner
Replies: 10
Views: 953

Re: Jeep...$1,000 credit for biz owner

1000 is less than the amount of dealer flexibility on a moderately priced car. If you WANT a Jeep I would try going in and bargaining for more than that.

Is this the ONLY reason you are looking at Jeep? Be aware that Jeeps are that rare vehicle that has high resale value and high maintenance cost.
by adamthesmythe
Fri Aug 25, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to accelerate paying off mortgage now that I am 57 yrs old?
Replies: 24
Views: 2682

Re: Does it make sense to accelerate paying off mortgage now that I am 57 yrs old?

If you were investing your "extra" money in bonds it would be easy to evaluate this. Bond yields are lower than mortgage rates so it would make sense to pay off now. But if you invest in stocks you need to compare an unknown future return to a known mortgage rate. So it comes down to a guess. You sh...
by adamthesmythe
Thu Aug 24, 2017 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Rental car in Spain
Replies: 14
Views: 630

Re: Rental car in Spain

> Why not trains and taxis and no car? That is my plan for 4 days in November. Because the cost is probably not very different and you get to see things out of the city centers. Driving is not for everyone but can be a great experience. > I have been told by friends to get a bigger car Most of us ca...
by adamthesmythe
Thu Aug 24, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: "Bargain" house in HCOL area
Replies: 34
Views: 3686

Re: "Bargain" house in HCOL area

This is what inspections are for. However- being a new buyer you may have difficulty knowing which inspections to get and how to interpret them. You might be better off buying a more ordinary house that will be easier to evaluate. > $/square foot on this property is approximately half of market rate...
by adamthesmythe
Fri Aug 18, 2017 4:49 pm
Forum: Personal Consumer Issues
Topic: Draperies or Honey Comb Shades/Blinds?
Replies: 31
Views: 2474

Re: Draperies or Honey Comb Shades/Blinds?

I have some (horizontal) honeycomb shades original to the house (I guess 15 years old). This has been a vacation house however so I would call it lightly used. The shades are attractive and still in good condition. They do seem a bit fragile so I would not expect them to last if, for example, there ...
by adamthesmythe
Fri Aug 18, 2017 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 157
Views: 15795

Re: Jobs that pay over $100,000

Rather than trying to pick a field with high salaries, he should avoid college majors and fields that are known to offer low salaries and poor prospects for advancement.

You have to like your job well enough to be good at it.
by adamthesmythe
Tue Aug 15, 2017 2:15 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 123
Views: 7048

Re: Is $9000 too much for a sectional sofa ?

>1. Is this a reasonable price to pay for a well made custom multi piece sectional Even for high-quality custom I think it's on the high side. Your designer must be an upper-end designer that makes money on the specified furniture. A designer from a furniture store usually does not have any extra co...
by adamthesmythe
Tue Aug 15, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: Car Rental on Current Car Insurance Policy?
Replies: 16
Views: 1305

Re: Car Rental on Current Car Insurance Policy?

I think if I got the OP question interpreted properly: No we don't pay for rental car reimbursement/coverage on our standard automobile insurance policy that would provide us a rental car should our car be in an accident. We have more than 1 car and we could manage with the 2nd car if needed. I THI...
by adamthesmythe
Mon Aug 14, 2017 11:16 pm
Forum: Personal Consumer Issues
Topic: Best Housing To Avoid Noise
Replies: 57
Views: 4890

Re: Best Housing To Avoid Noise

Assuming that there is some noise outside- and even in the country you can probably assume that there is- Then it comes down to noise transmission which is construction-dependent. And there are several distinct transmission routes so one may be highly attenuating while another is not. Windows- doubl...
by adamthesmythe
Mon Aug 14, 2017 5:55 pm
Forum: Personal Consumer Issues
Topic: Lightning strikes nearby locking up my new smart thermostat
Replies: 12
Views: 1451

Re: Lightning strikes nearby locking up my new smart thermostat

Hard to say exactly what is causing it or whether surge protectors somewhere else would help. Most thermostats these days are battery-operated, right? So the connection to the connection to the AC power line is...well...circuitous.

I suppose the thermostat has a master reset button?
by adamthesmythe
Mon Aug 14, 2017 2:37 pm
Forum: Personal Consumer Issues
Topic: How useful is a home security system?
Replies: 75
Views: 5963

Re: How useful is a home security system?

I've never activated a security system although I have had houses that had them installed. Partly because I am cheap. Partly because I don't have anything much other people don't have- maybe a smaller TV than some. Partly because I have lived in places sort of upscale so I would have to be randomly ...
by adamthesmythe
Mon Aug 14, 2017 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Expect to spend $2.6M on healthcare?
Replies: 66
Views: 6444

Re: Expect to spend $2.6M on healthcare?

Lots of food for thought here. The company that wrote the article does seem to run a side business of referring individuals to financial advisors. One poster pointed out that you don't hand over a lump sum $400k today when you retire and I think that's a key detail. The article and other posters su...
by adamthesmythe
Mon Aug 14, 2017 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Expect to spend $2.6M on healthcare?
Replies: 66
Views: 6444

Re: Expect to spend $2.6M on healthcare?

finite_difference wrote:
Sun Aug 13, 2017 6:18 pm
"Medical expenses will grow at a rate of 5-6% every year."

Corollary: "Health care mutual funds will grow at a rate of 5-6% per year."
It doesn't follow. More likely would be a decrease in profits (and stock prices) due to a squeeze by insurance companies and political pressure.
by adamthesmythe
Mon Aug 14, 2017 10:23 am
Forum: Personal Consumer Issues
Topic: advice for new hi-income house hunters, south Texas
Replies: 9
Views: 891

Re: advice for new hi-income house hunters, south Texas

> I'm guessing realtors do not know our incomes during the home buying process, right? They don't NEED to know, and they do not have a right to know. They want to know how much you are willing to spend and (if a mortgage is involved) they will want you to be pre-qualified. > Is it fair to assume the...
by adamthesmythe
Sun Aug 13, 2017 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Expect to spend $2.6M on healthcare?
Replies: 66
Views: 6444

Re: Expect to spend $2.6M on healthcare?

Your inflation factor amounts to a x 6.44 increase in price. Lots of things would seem expensive, but if wages keep pace, they won't be in real terms. Bananas now cost $0.50/lb, inflates to $3.16/lb. Gallon of milk now costs $2.69, inflates to $17.35. Modest house in Austin, TX now costs $300k, inf...
by adamthesmythe
Sat Aug 12, 2017 5:27 pm
Forum: Personal Consumer Issues
Topic: What home task(s) are worth learning to do yourself?
Replies: 46
Views: 4915

Re: What home task(s) are worth learning to do yourself?

> why learn plumbing if you never have a plumbing problem? If you own a house it's not if it's when. Apart from what has been mentioned- it is particularly valuable to know how things work and therefore to be able to reason and diagnose problems. There is probably more to be saved by knowing WHO to ...
by adamthesmythe
Sat Aug 12, 2017 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Model Home Purchase/Leaseback
Replies: 16
Views: 1300

Re: Model Home Purchase/Leaseback

So you want to buy a house, but don't particularly care when you get it?

I would expect a model to be in generally excellent condition apart from carpets. But I'm not sure what the attraction is- great price??
by adamthesmythe
Fri Aug 11, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Feeling guilty about travel expenses
Replies: 25
Views: 3143

Re: Feeling guilty about travel expenses

> it's also more than my investment contributions, which are about 3k per year. OP seems to be in the Netherlands. We don't know his pension situation and we don't know what he faces for pre- and post-retirement medical expenses. Things are likely to be very different in a European system. That woul...
by adamthesmythe
Fri Aug 11, 2017 4:17 pm
Forum: Personal Consumer Issues
Topic: Toyota Camry Repair Priorities
Replies: 71
Views: 4306

Re: Toyota Camry Repair Priorities

I'm in a similar boat - 2001 Camry, 123,800 miles. Got an oil change last week and the auto shop told me the struts are worn and should be replaced. Estimate (parts and labor) for replacement and various other services - $1500! :shock: If they are truly worn they compromise your steering. Only you ...
by adamthesmythe
Wed Aug 09, 2017 4:28 pm
Forum: Personal Consumer Issues
Topic: Long term car rental vs buying a used car vs leasing
Replies: 22
Views: 1448

Re: Long term car rental vs buying a used car vs leasing

> best deal given by the employer

Do you mean to say the employer reimburses for the cost??

If so no reason to change.
by adamthesmythe
Wed Aug 09, 2017 2:02 pm
Forum: Personal Consumer Issues
Topic: Toyota Camry Repair Priorities
Replies: 71
Views: 4306

Re: Toyota Camry Repair Priorities

Anything associated with steering and brakes gets priority. Of course running lights. > white smoke from exhaust in the first few minutes of startup Often this means there is a head gasket leak between coolant and the cylinder. This is expensive to fix and may get worse, leading to frequent overheat...
by adamthesmythe
Wed Aug 09, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Should we sell a home to a friend's daughter?
Replies: 31
Views: 3065

Re: Should we sell a home to a friend's daughter?

If mom is well off and wants to give a young couple a break, then sell it to them below market. Otherwise, to sell a house you need to get it exposed to as many potential buyers as possible. There is a market for older houses that need updating. Some people actually LIKE the original construction. O...
by adamthesmythe
Tue Aug 08, 2017 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Is my current LTC policy relatively good?
Replies: 19
Views: 1182

Re: Is my current LTC policy relatively good?

Low daily payment, low maximum benefit, low cost. At least for now. If you needed it it would help some.
by adamthesmythe
Tue Aug 08, 2017 2:41 pm
Forum: Investing - Theory, News & General
Topic: Deja Vu.. are there too many houses for sale?
Replies: 47
Views: 4295

Re: Deja Vu.. are there too many houses for sale?

> Seems like many people would be wanting to sell their houses when current values are high Many, but not all, people sell when they need to sell. For a move or financial stress. It's a rare person that puts a house up for sale for no other reason than that prices are high. After all, once he sells ...
by adamthesmythe
Tue Aug 08, 2017 10:26 am
Forum: Personal Consumer Issues
Topic: Car Depreciation As Reason to Get A New Car
Replies: 34
Views: 3501

Re: Car Depreciation As Reason to Get A New Car

IMO it's a mistake to have general rules about auto depreciation. Some makes/models depreciate quite fast, and others quite slowly. For example, a late model used Toyota or Honda often will sell for almost as much as a new car. In addition, keep in mind that there is a big difference in what you ha...
by adamthesmythe
Mon Aug 07, 2017 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house with a current tenant?
Replies: 14
Views: 1371

Re: Buying a house with a current tenant?

> What's rental insurance? I'd have regular homeowner's insurance on it, would I need something beyond that? Homeowner's policies are for...homeowners. That means owner-occupied. I once had to buy insurance for an unsold house that I was renting. (Maybe they call it landlord's insurance?). It was ch...
by adamthesmythe
Mon Aug 07, 2017 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house with a current tenant?
Replies: 14
Views: 1371

Re: Buying a house with a current tenant?

> Would you consider buying a house with a current tenant? It would have to be a really really good deal, and it would have to be in a state with landlord-friendly legislation. > What happens if the tenant damages the house in some way that is greater than the deposit? Am I supposed to sue? Sure, yo...
by adamthesmythe
Mon Aug 07, 2017 5:18 pm
Forum: Personal Consumer Issues
Topic: Buying a Vehicle the Old Fashioned Way
Replies: 57
Views: 5370

Re: Buying a Vehicle the Old Fashioned Way

If you want to spend a couple of weeks emailing, negotiating in person, driving around to different dealers, etc. then yes, you could probably save 5% - 10% more by doing that. Depends on what your time is worth. Saving another $3400 by emailing? I doubt that. The sales associate, whom I know perso...
by adamthesmythe
Mon Aug 07, 2017 5:14 pm
Forum: Personal Consumer Issues
Topic: CC strategy for Europe flight next summer
Replies: 19
Views: 1496

Re: CC strategy for Europe flight next summer

> Getting four free tickets during the high summer season on the same flight without date flexibility might be very difficult.

Yeah. Sometimes you get lucky however.
by adamthesmythe
Mon Aug 07, 2017 3:52 pm
Forum: Personal Consumer Issues
Topic: Advise on house selling
Replies: 29
Views: 2169

Re: Advise on house selling

Even with a full-service realtor you should be able to negotiate the commission down to %% or below. And since a buyer either will have an agent or will expect to get a better deal from an FSBO your savings is not likely to be as high as 5%, maybe 2-3%. I'm sure there are books you can buy that will...
by adamthesmythe
Mon Aug 07, 2017 12:19 pm
Forum: Personal Consumer Issues
Topic: Santa Fe New Mexico - recommendations
Replies: 26
Views: 1870

Re: Santa Fe New Mexico - recommendations

New Mexico Museum of Art is in the middle of town, both building and collection interesting Museum of Indian Arts and Culture if you are into that sort of thing La Fonda Hotel for more traditional food and also architecture and history I can't advise on the current nouveau New Mexico cuisine joints ...
by adamthesmythe
Sun Aug 06, 2017 12:46 pm
Forum: Personal Consumer Issues
Topic: Buying a new TV. What do I need to know now?
Replies: 29
Views: 2371

Re: Buying a new TV. What do I need to know now?

That those who sell televisions think curved screens are a gimmick with no real value other than profit for the seller. Tim I would agree with this. HDR (high dynamic range) probably IS worth it, unless you do all your viewing in rooms that have sunlight or brighter room lights. Unless you make spe...
by adamthesmythe
Sat Aug 05, 2017 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Home buying advice. Stuck in lease. Options?
Replies: 9
Views: 751

Re: Home buying advice. Stuck in lease. Options?

> he said he "will work with us" You need to firm up what this means. Either ask specifically or make an offer (say, two months advance notice plus an extra month??). Get it in writing, or at least email. BUT no need to do this until you have your pre-qualification done and until you have lined up a...