Search found 1137 matches

by an_asker
Tue Jul 26, 2016 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Quit work and become SAHM - advice? regrets?
Replies: 32
Views: 3413

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

Unless you really love your job as much as "I would do the same work for free" or "I love the power I have over my subordinates", the only other case for not being a SAHM would be that you need the money to keep up your current (and future, in retirement) lifestyle. Money for: - ...
by an_asker
Tue Jul 26, 2016 10:36 am
Forum: Personal Finance (Not Investing)
Topic: What did/does/will your high schooler do during summer vacation?
Replies: 24
Views: 1796

Re: What did/does/will your high schooler do during summer vacation?

Thanks for all your advice. That is very helpful.

My kid is planning on getting the lifeguard certification ... but from what he tells me, that is still a year away. Until then, he is focusing on some virtual summer schooling and practicing his driving skills.
by an_asker
Tue Jul 26, 2016 10:35 am
Forum: Personal Consumer Issues
Topic: Passport Nightmare
Replies: 31
Views: 3478

Re: Passport Nightmare

Good that OP's cousin has found a way out for the short term. Hospitals do not issue official birth certificates. The pieces of paper issued by the hospital are not worth the paper they are printed on in terms of proof of citizenship.[...] I agree with nolesrule here. As parents, we had to check and...
by an_asker
Fri Jul 22, 2016 7:54 am
Forum: Personal Consumer Issues
Topic: Yet another new/used car post. Help me replace a car
Replies: 34
Views: 2408

Re: Yet another new/used car post. Help me replace a car

[...] I have a 2015 Honda Accord Sport 6-sp manual. I like the car very much but I had to modify it as follows: [...] - Bent the posts on the drivers side seat head rest to make it tilt more upright than forward. Many new cars these days some with the headrest tilted forward which makes for a lot o...
by an_asker
Tue Jul 19, 2016 8:55 am
Forum: Personal Finance (Not Investing)
Topic: What did/does/will your high schooler do during summer vacation?
Replies: 24
Views: 1796

What did/does/will your high schooler do during summer vacation?

Some background into why I am asking this question - as an immigrant, I don't have first hand experience of summer vacation in the USA. Back in India, I used to generally laze around and read novels (it was a different era - no TV at home!) or play some sports. Parents would support kid through unde...
by an_asker
Fri Jul 15, 2016 9:41 am
Forum: Personal Consumer Issues
Topic: Need help with infant fare issue with airline
Replies: 18
Views: 1439

Re: Need help with infant fare issue with airline

letsgobobby wrote:Did your child get his own seat on the return flight?

Do you seriously think that OP would not have added that in his/her list of complaints had the toddler not gotten the paid for seat?!! :oops:
by an_asker
Fri Jul 15, 2016 9:31 am
Forum: Personal Consumer Issues
Topic: United Kingdom Traffic Ticket--Funny story though!!
Replies: 20
Views: 2334

Re: United Kingdom Traffic Ticket--Funny story though!!

[...]They ratchet up the fine whilst you wait. It might go into the Border Security Agency computer then you will have trouble getting into the UK (even to change a plane) forever more. And with the fall in the pound, this is at least 10% cheaper than it was 2 weeks ago ;-). Look you are not being ...
by an_asker
Wed Jul 13, 2016 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Car insurance for new driver (teenager)
Replies: 22
Views: 1219

Re: Car insurance for new driver (teenager)

Thanks to everyone who replied. Now I have a decent idea on what we should be expecting (and looking out) to be paying :-)
by an_asker
Wed Jul 13, 2016 10:24 am
Forum: Personal Consumer Issues
Topic: United Kingdom Traffic Ticket--Funny story though!!
Replies: 20
Views: 2334

Re: United Kingdom Traffic Ticket--Funny story though!!

[...]I couldn't figure out how to shift the darn thing into drive and needed help from a lot guy. Got that figured out and then I tried to exit where only the bus exit as it was not well marked. Wife had to get out and help me back up so I didn't go over those spikes which would blow all tires. The...
by an_asker
Wed Jul 13, 2016 9:39 am
Forum: Personal Consumer Issues
Topic: United Kingdom Traffic Ticket--Funny story though!!
Replies: 20
Views: 2334

Re: United Kingdom Traffic Ticket--Funny story though!!

[...]They ratchet up the fine whilst you wait. It might go into the Border Security Agency computer then you will have trouble getting into the UK (even to change a plane) forever more. And with the fall in the pound, this is at least 10% cheaper than it was 2 weeks ago ;-). Look you are not being ...
by an_asker
Wed Jul 06, 2016 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Car insurance for new driver (teenager)
Replies: 22
Views: 1219

Re: Car insurance for new driver (teenager)

GEICO here and a new male teenage driver. We were paying ~$120/month (SoCal, two cars full coverage, perfect driving records, very overinsured). We added a third vehicle (full coverage) and our son at the same time. Our premium is now ~$250/month. So adding a car and a teen driver basically doubled...
by an_asker
Tue Jul 05, 2016 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Car insurance for new driver (teenager)
Replies: 22
Views: 1219

Car insurance for new driver (teenager)

We are not yet there, but just want to be prepared for the sticker shock, hence this question: Our kid will likely get his license within the next year and will need to be added to the auto insurance. How much of an increase in premium should we expect, given that currently only we (his parents) are...
by an_asker
Wed Jun 15, 2016 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 359
Views: 32965

Re: What's Your Credit Card Rewards Strategy?

So... can we buy an Amazon gift card with a 5% discount, then buy an item in Amazon.com and pay with the gift card and get 5% again? I guess that won't work, right... :wink: Not exactly. The 5% is only for purchases on the credit card. Using a gift card doesn't add any charges to the credit card. Y...
by an_asker
Wed Jun 08, 2016 10:48 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 359
Views: 32965

Re: What's Your Credit Card Rewards Strategy?

[...]Do you find that your SW card has been worth keeping long term, even with the annual fee? If it's the one I see, at least they give 6k miles per year as an anniversary bonus which helps to offset the fee, but unlike the Hyatt or IHG cards, the reward will not likely fully offset the fee (and t...
by an_asker
Wed Jun 08, 2016 10:10 am
Forum: Investing - Theory, News & General
Topic: What are your friends saying about you?
Replies: 127
Views: 11129

Re: What are your friends saying about you?

Ron wrote:No friends,

No comments (life is simpler that way...)

- Ron

"Stay the course"

Most of my friends are right here :-)
by an_asker
Tue Jun 07, 2016 3:04 pm
Forum: Investing - Theory, News & General
Topic: At what point do we market time?
Replies: 87
Views: 5911

Re: At what point do we market time?

When you have enough, you can market time, i.e., decide if you can retire or if you want to sell your remaining time for a few BMWs that you would not drive anyway! :oops:

[edited to add]Whoopsy! You mean timing the market not marketing time! D'uh.
by an_asker
Tue Jun 07, 2016 2:33 pm
Forum: Personal Consumer Issues
Topic: Best way to ship back goods purchased online
Replies: 10
Views: 870

Best way to ship back goods purchased online

Made the mistake of getting tennis shoes online from Asics for my daughter because it was supposedly a good deal. :oops: Never again. Anyway, I now need to return them on my (more than) dime. What is the best way to do so? Is USPS still the best option? I have been looking online UPS vs. USPS vs. Fe...
by an_asker
Mon Jun 06, 2016 12:37 pm
Forum: Personal Consumer Issues
Topic: Did they build houses better in 07/08 ?
Replies: 58
Views: 3998

Re: Did they build houses better in 07/08 ?

[...] Hah, nothing after WW2! This is Atlanta. I don't think anything's that old. Maybe I'll ask my realtor if she's aware of any homes for sale that survived Sherman's march to the sea? :P On the other hand, if you want to wait for the house to be made out of General Sherman , you might have to wa...
by an_asker
Mon Jun 06, 2016 12:26 pm
Forum: Personal Consumer Issues
Topic: Did they build houses better in 07/08 ?
Replies: 58
Views: 3998

Re: Did they build houses better in 07/08 ?

Houses were built worse then because everyone knew that housing only appreciates so they wanted to build as many as possible. OK I just made that up but so did your realtor. No, you did not make that up! Builders were building like crazy in those boom times (maybe yet again?). Our HOA even managed ...
by an_asker
Fri Jun 03, 2016 2:56 pm
Forum: Personal Consumer Issues
Topic: 22 days Eurail Global Pass for Scenic Rail Journeys in Europe
Replies: 35
Views: 2518

Re: 22 days Eurail Global Pass for Scenic Rail Journeys in Europe

Re-route it so that the distances are long enough so you can take overnight trains. For example from Austria all the way down to Italy. Then the next journey back up to Switzerland. Saves on a nights accommodation as well. I once spent 43 train nights on a 60 day Eurail pass. Wouldn't do that at my...
by an_asker
Fri Jun 03, 2016 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement and opportunity cost, by Harry Sit
Replies: 144
Views: 12125

Re: Early retirement and opportunity cost, by Harry Sit

[...] According to researchers at Stanford GSB and the California Institute of Technology, if a person is told he or she is tasting two different wines — and that one costs $5 and the other $45 when they are, in fact, the same wine — the part of the brain that experiences pleasure will become more ...
by an_asker
Fri Jun 03, 2016 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement and opportunity cost, by Harry Sit
Replies: 144
Views: 12125

Re: Early retirement and opportunity cost, by Harry Sit

[...]Yes, "enough" is a very personal decision. I refer again to the law of diminishing returns. I could retire today with a very minimal lifestyle and 30 years of retirement (the last 5-10 years I may have health problems) I could retire in 8 years with the ability to splurge a bit and 2...
by an_asker
Fri Jun 03, 2016 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement and opportunity cost, by Harry Sit
Replies: 144
Views: 12125

Re: Early retirement and opportunity cost, by Harry Sit

[...]Once again...(being frugal in hope of early retirement) is not mutually exclusive with (living a fulfilling life pre-retirement). My wife and I are fortunate enough to do pretty much anything we want...including great trips. I, too, would have no regrets if I died at my desk today...but I'm st...
by an_asker
Fri Jun 03, 2016 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement and opportunity cost, by Harry Sit
Replies: 144
Views: 12125

Re: Early retirement and opportunity cost, by Harry Sit

I'm questioning whether "enough" can be precisely calculated such that we get into a binary decision without regard to income from working (the opportunity cost): Of course not. There are very few cases in life where we can precisely calculate an answer to any of life's big questions. Is ...
by an_asker
Fri Jun 03, 2016 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement and opportunity cost, by Harry Sit
Replies: 144
Views: 12125

Re: Early retirement and opportunity cost, by Harry Sit

I apologize if the point has already been made, but: Once you have enough to retire, the whole concept of opportunity cost does not apply anymore. We are talking time vs. time. Your lifetime is finite. Working longer does not net your more time. Interesting instead of time vs. time I see the discus...
by an_asker
Fri Jun 03, 2016 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement and opportunity cost, by Harry Sit
Replies: 144
Views: 12125

Re: Early retirement and opportunity cost, by Harry Sit

Rodc wrote:
I do figure when vacationing that the empty house (except for the dog and cat sitter) which cost us $ 2000 for starters


See: sunk cost fallacy

I can't imagine ruining a vacation by worrying about such things as mentioned just above. That would really eat into the cost benefit analysis!

+1!!
by an_asker
Thu Jun 02, 2016 12:03 pm
Forum: Personal Consumer Issues
Topic: Well, I caved [bought new car]
Replies: 43
Views: 7057

Re: Well, I caved [bought new car]

I always buy new. But run it into the ground. I have 2 cars that are 20 years old. I figure that I paid only about $80 a month. I also rent when I take a long trip. Last year drove 20,000 in 2 trips cost me $1100. for 2 months of renting and no miles cant beat that. :sharebeer I do likewise. :-) Co...
by an_asker
Wed Jun 01, 2016 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement and opportunity cost, by Harry Sit
Replies: 144
Views: 12125

Re: Early retirement and opportunity cost, by Harry Sit

[...]I brought up an example earlier in the thread. A couple retired in early 30s with $1 million when they were making $200k+ before that. If you were in the same situation, would you work one more year and permanently lift your living standard for the next 50 years by 10%? Two more years to lift ...
by an_asker
Wed Jun 01, 2016 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Private school? Any regrets?
Replies: 92
Views: 6494

Re: Private school? Any regrets?

[...]There is this outstanding Academy that I think would be great for him, that would only be about $600 a month. My hang up is spending money on something when there is a free option that isn't great but isn't awful. We can afford this with no problem, but obviously I would hate to look back and ...
by an_asker
Wed Jun 01, 2016 1:52 pm
Forum: Personal Consumer Issues
Topic: people using my email address for their various accounts
Replies: 17
Views: 2100

Re: people using my email address for their various accounts

I created an account using my son's first name* a few years back and have seen the same thing happen. Folks in India (totally unrelated to us or to each other) have used this email address for all sorts of stuff - such as a utility bill, a bank account, a social media account, etc. I don't understan...
by an_asker
Wed Jun 01, 2016 10:53 am
Forum: Personal Finance (Not Investing)
Topic: How much should the tickets cost?
Replies: 2
Views: 440

How much should the tickets cost?

This discussion about opportunity cost goaded me into posting this question here (some parts of the question have been modified for the purpose of anonymity): Let's say I work for a company that distributes season tickets (10 games in a season) for a sports franchise. The company has come up with a...
by an_asker
Wed Jun 01, 2016 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement and opportunity cost, by Harry Sit
Replies: 144
Views: 12125

Re: Early retirement and opportunity cost, by Harry Sit

TheTimeLord wrote:[...] ... while playing golf for me is more enjoyable with a group of friends.

Come on over!
by an_asker
Wed Jun 01, 2016 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement and opportunity cost, by Harry Sit
Replies: 144
Views: 12125

Re: Early retirement and opportunity cost, by Harry Sit

I think I understand the concept but I keep having a problem with applying a cost to freedom. We aren't just talking about time, which does have a cost, but when an early retiree wakes up and has the freedom to choose, the thought of comparing that to an alternative at a cost level just hurts my he...
by an_asker
Wed Jun 01, 2016 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement and opportunity cost, by Harry Sit
Replies: 144
Views: 12125

Re: Early retirement and opportunity cost, by Harry Sit

I don't think "throwing away a BMW" is necessarily the right analogy. Harry is right that leisure can be an expensive luxury if your labor value is high. BMWs are also expensive luxuries. Person A who thoughtfully uses their time enjoyably in early retirement is not doing the equivalent o...
by an_asker
Tue May 31, 2016 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Private school? Any regrets?
Replies: 92
Views: 6494

Re: Private school? Any regrets?

[...]There is this outstanding Academy that I think would be great for him, that would only be about $600 a month. My hang up is spending money on something when there is a free option that isn't great but isn't awful. We can afford this with no problem, but obviously I would hate to look back and ...
by an_asker
Tue May 31, 2016 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement and opportunity cost, by Harry Sit
Replies: 144
Views: 12125

Re: Early retirement and opportunity cost, by Harry Sit

tfb: In the excerpt that OP posted, your point of view is very confusing to me. Before I let myself wade into this discussion, clarify please ... A co-worker takes pride in being frugal and saving money. He brown-bags for lunch every day. He stays at Motel 6 when he travels. When we talked about ear...
by an_asker
Tue May 31, 2016 12:35 pm
Forum: Personal Consumer Issues
Topic: Do I want a house with a pool?
Replies: 96
Views: 7367

Re: Do I want a house with a pool?

Swimming pools are more dangerous than guns https://www.youtube.com/watch?v=Ps0waR0LBpo And cars are even more dangerous than both. Agreed. And this is why I think USA needs more mass transit rail options, so more people have the option to live without a car, if they want. But in the meantime, in m...
by an_asker
Tue May 31, 2016 12:32 pm
Forum: Personal Consumer Issues
Topic: Do I want a house with a pool?
Replies: 96
Views: 7367

Re: Do I want a house with a pool?

I know families that have bought houses and filled the pool in because they have a young child. That seems silly. Did they get rid of their cars, too?[...] The better analogy would be "Would they pack their garage after they sold their car?" and to answer that question, they probably migh...
by an_asker
Fri May 27, 2016 2:18 pm
Forum: Personal Consumer Issues
Topic: Best credit card deal
Replies: 63
Views: 5602

Re: Best credit card deal

[...]That's a lot of cards to manage. I've been trying to simplify my life and use the 2% Fidelity Visa for everything (similar to the Citi Double Cash). If I spend $2500/year on groceries, 4% of that is $100. And $1000 on gas at 3% more is $30. $1000 Amazon spending $10, and keeping track of those...
by an_asker
Fri May 27, 2016 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to retire a credit card?
Replies: 17
Views: 3027

Re: Best way to retire a credit card?

My suggestion, if you truly do not use it at all, is either a) call and cancel it or b) call and ask them to lower the credit limit to $1000 or something like that (in case you might suddenly need to use it). Do realize that your credit score might take a dip in either situation, but if you are not ...
by an_asker
Fri May 27, 2016 1:53 pm
Forum: Personal Consumer Issues
Topic: Buying a vacation property in Florida
Replies: 14
Views: 1829

Re: Buying a vacation property in Florida

A few points/questions: - think long and hard as to what are you buying for? For example, you couldn't care less whether the area is in a "good school" zone or not; but you might care about distance to Disney ... - how much money are you willing to spend and whether it is your budget or ge...
by an_asker
Thu May 26, 2016 2:32 pm
Forum: Personal Consumer Issues
Topic: Car Seat for vacation car rental
Replies: 24
Views: 1283

Re: Car Seat for vacation car rental

I may get flamed for this but here's what we did. My daughter was the only one (at age 6.5) that required a car seat. We did not bring a car seat with us, instead, we drove directly to Walmart and bought a $12 booster seat that we used for our trip. We did bring it back home with us but we would ha...
by an_asker
Thu May 26, 2016 2:28 pm
Forum: Personal Consumer Issues
Topic: Car Seat for vacation car rental
Replies: 24
Views: 1283

Re: Car Seat for vacation car rental

runner9 wrote:[...](he's small for his age and not making a lot of progress though he's a great eater!)

I don't think he's too small for his age! But the "aspect ratio" sounds about right. My kid was a square a few years back - 48 lbs and 48 inches ;-)
by an_asker
Thu May 26, 2016 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: House - to buy or not
Replies: 63
Views: 4343

Re: House - to buy or not

[...]Also some folks say houses may become million dollar houses in near future. If this is the real reason why you are considering overstretching yourself to buy the 3000 sq ft house, perish the thought! Search the forums and you will find old surveys of how much BHs spend for a home as a multiple...
by an_asker
Thu May 26, 2016 11:57 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 359
Views: 32965

Re: What's Your Credit Card Rewards Strategy?

Anyone have the Chase Hyatt card? Two free nights after spending $1k but annual fee after the first year. Wondering if you cancel the card during the first year to avoid annual fee would you also lose the two free nights if you haven't used them yet? Maybe Marriott is a better deal actually, 80k po...
by an_asker
Thu May 26, 2016 10:05 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 359
Views: 32965

Re: What's Your Credit Card Rewards Strategy?

Anyone have the Chase Hyatt card? Two free nights after spending $1k but annual fee after the first year. Wondering if you cancel the card during the first year to avoid annual fee would you also lose the two free nights if you haven't used them yet? Maybe Marriott is a better deal actually, 80k po...
by an_asker
Thu May 26, 2016 10:03 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 359
Views: 32965

Re: What's Your Credit Card Rewards Strategy?

And while we're on that...without assigned seats is it like a madhouse trying to board a plane!!?? :shock: (I've actually never flown Southwest, not specifically for that reason.) I'll tell my secret plan when I fly Southwest . . . I get in the A boarding row then take the very last row either wind...
by an_asker
Wed May 25, 2016 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 359
Views: 32965

Re: What's Your Credit Card Rewards Strategy?

[...]Are these strategies really worth cluttering up my credit report and wallet with a bunch of random cards? I only recently just started using airline miles; I'm a legit newbie when it comes to that kind of thing and never used to think miles were worth much, but I know a lot of folks really kno...
by an_asker
Tue May 24, 2016 8:28 am
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 149
Views: 12815

Re: Is there a such thing as a blue collar Boglehead?

For example, a poster asked what to do with an extra $10k, and some responses would indicate that It was only $10k and not worth worrying about. I searched the forum using "$10K to invest" and found several threads with excellent helpful responses and none of them said that amount of mone...
by an_asker
Mon May 23, 2016 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Why am I paying 36% tax on W2 salary ???
Replies: 18
Views: 3935

Re: Why am I paying 36% tax on W2 salary ???

Possible taxes are Federal, NY State, NY City(?), Social Security, and Medicare. With a minimal number of exemptions I would think total of withholding and FICA paid could easily be that. You are clear on the difference between income tax withholding and actual taxes paid after refunds or tax due o...

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