Search found 102 matches

by djpeteski
Wed Jul 26, 2017 12:19 pm
Forum: Personal Consumer Issues
Topic: Help Planning Trip to Olympic National Park
Replies: 18
Views: 664

Re: Help Planning Trip to Olympic National Park

We're headed there in mid august. You're missing the best national park within that area...north cascades np. Puts olympic to shame. Rainier is nice but its a cluster for the most part...too accessible for people. Head to north cascades...in the middle of nowhere...less crowds...unbelievable scener...
by djpeteski
Wed Jul 26, 2017 11:39 am
Forum: Personal Consumer Issues
Topic: I bought a different car and my old bike rack no longer works. How should I transport my bike moving forward?
Replies: 42
Views: 962

Re: I bought a different car and my old bike rack no longer works. How should I transport my bike moving forward?

For my old car I bought both the hit and the bike rack from etrailer.com. They have great customer service. We have this bike rack: https://www.etrailer.com/Hitch-Bike-Racks/Rola/59400.html The new car already had a hitch, so no need to buy another. For the bike rack, you can use either a 1.25"...
by djpeteski
Wed Jul 26, 2017 7:11 am
Forum: Personal Consumer Issues
Topic: Need Options - Honda Accord Incredibly Uncomfortable Seats
Replies: 64
Views: 2353

Re: Need Options - Honda Accord Incredibly Uncomfortable Seats

This turned out to be the single most stupid purchase decision I have ever made. Big deal. So you made a dumb decision, take the loss and relish the very smart decisions you have made in your life. Learn from it and move on. I am recently coming off of such a decision myself. I bought a used X5 and...
by djpeteski
Tue Jul 25, 2017 10:24 am
Forum: Personal Consumer Issues
Topic: Family ski trip without breaking the bank
Replies: 39
Views: 3499

Re: Family ski trip without breaking the bank

You may want to look at Mount Baker and Steven's Pass in Washington state. I was a poor Marine stationed in Oak Harbor in the late 80's and frequented these hills because of their low cost. Whistler was just out of my price range. The bad, is there is a lot of driving. Flying into Seattle, Stevens P...
by djpeteski
Tue Jul 25, 2017 7:44 am
Forum: Personal Finance (Not Investing)
Topic: making a first time home purchase w/ other debts
Replies: 14
Views: 763

Re: making a first time home purchase w/ other debts

Just this old lady opinion based on "life" happening. I would cool your jets, cut your lifestyle, pay off your debts, THEN if you want to do something risky -- like you propose (flip a house in a HOT market), you won't feel the stress or the squeeze. What you are aren't factoring in your ...
by djpeteski
Mon Jul 24, 2017 6:22 am
Forum: Personal Consumer Issues
Topic: State Farm vs Penn National- auto, renters, umbrella?
Replies: 56
Views: 4889

Re: Why does State Farm have poor reviews?

kiddoc wrote:
Overall, I am considering State Farm quite seriously unless the independent agent offers a better option.


It is very simple: they do not pay claims.

If you want State Farm, you are better off just self-insuring.

Twice I dealt with them, twice required legal actions to pay claims.
by djpeteski
Thu Jul 20, 2017 12:38 pm
Forum: Personal Consumer Issues
Topic: Looking for some input on job offers
Replies: 7
Views: 572

Re: Looking for some input on job offers

My belief is that you can never go back. The reasons you left Company A are probably still there. I'd take the leap +1 agree with this. + 30% more pay, sorry I would rather have the money in my wallet then some benefit package + aggressive growth - this will probably lead to bonuses and promotion o...
by djpeteski
Thu Jul 20, 2017 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Investing, Saving, Debt reduction
Replies: 26
Views: 2015

Re: Advice Needed - Investing, Saving, Debt reduction

I really like the plan you are on. I would just keep going. It is really wonderful to have a paid off home and you will do so at a very young age. You have probably run the projections, and probably know you guys are going to be well off financially, you will have plenty in retirement, the kids will...
by djpeteski
Thu Jul 20, 2017 6:49 am
Forum: Personal Consumer Issues
Topic: Indoor activities for a 3-year-old
Replies: 61
Views: 2709

Re: Indoor activities for a 3-year-old

For the record, AAP (American association of Pediatricians) recommends no more than 1 hour of screen time per day for children 2-5. This should be high quality educational programming (like Sesame Street). Take your child to the free zoo (Pet Store), take your child to the park, hanging out by some ...
by djpeteski
Wed Jul 19, 2017 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Eliminate 0% CC balance?
Replies: 30
Views: 2179

Re: Eliminate 0% CC balance?

Ally 12 mo CD is 1.35%. Would you rather have 80 taxable dollars plus the headache or neither? Assuming you can pay $500/month out of current income, this is a great answer. Do you really want a years worth of headaches for $80? If you can't afford to pay it out of current income, then this debt ne...
by djpeteski
Tue Jul 18, 2017 11:51 am
Forum: Personal Consumer Issues
Topic: Thinking of Retiring in South Florida
Replies: 13
Views: 1672

Re: Thinking of Retiring in South Florida

I own a condo in Del Ray, that is currently occupied by my wife's Grandmother. BTW, I grew up on Long Island (Smithtown), but now live in Orlando. At 60 years old, on either coast, you will be youngsters. The east coast will be more "blue", the west coast more "red", but it is li...
by djpeteski
Mon Jul 17, 2017 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Diminished Value Auto Claim
Replies: 12
Views: 961

Re: Diminished Value Auto Claim

I used CarMax to provide the estimate. The ones locally were reluctant to give appraisals as they did not want to be sued by the insurance company. I used this to get a bit, but not as much as I wanted. I could have taken them to small claims court for more but was very busy at the time. Ship about ...
by djpeteski
Mon Jul 17, 2017 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with company stock plan?
Replies: 17
Views: 514

Re: What to do with company stock plan?

My gut would say #3 - I would stretch for the slightly higher return but I have the ability and willingness to take on that risk. I would agree with your analysis and shoot for this being no more than 10% of ones portfolio. If it is, they can sell those shares right away, and roll with a smaller am...
by djpeteski
Mon Jul 17, 2017 11:33 am
Forum: Personal Consumer Issues
Topic: Essential Bike (bicycle) Accessories
Replies: 71
Views: 3250

Re: Essential Bike (bicycle) Accessories

100% buy a front and rear light, they can be had for less than $10 per set. I put them on blink every time I ride, including during the day. Bike shorts are amazing even for short rides. Here the higher quality really comes into play. You can certainly pay $20 for these and get an acceptable quality...
by djpeteski
Mon Jul 17, 2017 6:54 am
Forum: Personal Consumer Issues
Topic: Recommendation for things to do in Seattle area
Replies: 18
Views: 1061

Re: Recommendation for things to do in Seattle area

Carry an umbrella, and bring a jacket.
by djpeteski
Fri Jul 14, 2017 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Finance Q for those that have gone through Divorce
Replies: 36
Views: 2568

Re: Finance Q for those that have gone through Divorce

tl;dr: The more you can avoid a fight, the better off you both will be. The money I spent fighting with my the mother of my children would have paid for all of them to go to school. However, she wanted to fight so we did. The biggest issue is that the kids were victimized. I would prefer that you re...
by djpeteski
Fri Jul 14, 2017 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Moving stepfather into long term care facility. Need advice.
Replies: 17
Views: 1844

Re: Moving stepfather into long term care facility. Need advice.

I will set up a trust account at a local Bank and Trust that will receive his SS and pension and any other funds he can collect. One of those deposits will be the sale of the motor coach. I am going to offer the son the chance to buy out his father’s half of the coach after we get it appraised by a...
by djpeteski
Fri Jul 14, 2017 8:38 am
Forum: Investing - Theory, News & General
Topic: Fascinating Morningstar Article - Mutual Fund Flows
Replies: 25
Views: 2554

Re: Fascinating Morningstar Article - Mutual Fund Flows

So I like Fidelity a bit better than Vanguard, but I have money at both. A few weeks ago I inquired what benefit I could receive from moving money from Vanguard to Fidelity, about 65K. I was hoping to get about $200. The Fidelity rep told me that there were no promotions at this time and to call bac...
by djpeteski
Thu Jul 13, 2017 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider business travel to be a perk or a burden?
Replies: 117
Views: 6725

Re: Do you consider business travel to be a perk or a burden?

It is a perk for me and our family when my wife travels. She travels sporadically and often times the trips are pretty short. Yesterday she flew up to Nashville for a meeting and back the same day. Our kids are grown, so I can easily handle the one that still lives at home. We get a short break from...
by djpeteski
Thu Jul 13, 2017 9:57 am
Forum: Personal Consumer Issues
Topic: DirectTV Install
Replies: 14
Views: 952

Re: DirectTV Install

Removing the Dish is quite easy. Takes about an hour if you know how to use a socket set. So even if you are not a DIYer, it won't cost much to hire a handyman to do it. I live in small a small lot line community, and the next door neighbors dish is right outside my front door. Not the best look. No...
by djpeteski
Thu Jul 13, 2017 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 178
Views: 7197

Re: Do you count vehicle equity in net worth?

Yes, mainly so I can see what the increase in my networth is year over year accurately by counting it and then depreciating it each year. If I didn't count cars in networth then there'd be a ~40k cash outflow the year you buy a car with no asset and it makes it look like the net worth didn't increa...
by djpeteski
Wed Jul 12, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: 100k milestone
Replies: 49
Views: 5487

Re: 100k milestone

I was 31. 5 years later and I'm approaching 900k. Savings will only take you so far. Focus on generating the best income to match your work-life balance. Our story is kind of similar: 2012 NW: -100K Estimate, I did not keep very good records. Age: 45 2013 NW: 140K During this year I married my wond...
by djpeteski
Wed Jul 12, 2017 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Buying Life Insurance
Replies: 14
Views: 1719

Re: Buying Life Insurance

I think you need to provide some information for the forum to provide good advice. If you do not want to do this, use these factors to make the best decision: Things like: income expected income growth portfolio size and savings rate expected house purchase price/date/down payment what kind of mortg...
by djpeteski
Tue Jul 11, 2017 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Rental Sold, High Interest SL's Paid Off, Now What Do I Attack?
Replies: 26
Views: 1734

Re: Rental Sold, High Interest SL's Paid Off, Now What Do I Attack?

You do not mention your income, but I will assume it is about 120-180K or so. You don't mention match percentages on your 401Ks. If it was me, I would do the following: 1) Contribute only to the match on both of your 401Ks. 2) Knock out the student loans. I would consider reducing your emergency fu...
by djpeteski
Tue Jul 11, 2017 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Priorities
Replies: 17
Views: 1209

Re: Priorities

You don't list it as an option, but at the tender age of 18, your focus should be on what your adult job will be. The 11K could be used to bootstrap a business or for education, or for both. This will yield far more than any investment you are proposing. Still, it would not be a bad decision to purc...
by djpeteski
Tue Jul 11, 2017 7:58 am
Forum: Personal Consumer Issues
Topic: Shopping for first bike since I was a kid
Replies: 121
Views: 6334

Re: Shopping for first bike since I was a kid

Some good bargains can be had from BikesDirect.com. My local shop is kind of a dealer for them, and I purchased a nice road bike from them for around $500 (Gravity). Its an AL frame with carbon fiber forks and front and rear disk breaks. Comparing notes with a co-worker he paid about 1500 for a simi...
by djpeteski
Mon Jul 10, 2017 2:03 pm
Forum: Personal Consumer Issues
Topic: Coyote control
Replies: 66
Views: 4215

Re: Coyote control

If they travel well known paths you can use snares to trap them. From there it depends on the laws in your area. In many locations they get blasted in exchange for a bounty.
by djpeteski
Mon Jul 10, 2017 10:35 am
Forum: Investing - Theory, News & General
Topic: Investing Retained Earnings
Replies: 3
Views: 378

Investing Retained Earnings

I run a (very) small LLC and have some ideas on how to expand it. My goal is to build retained earnings to a certain level, then to open a new line of business. How does one "invest" RE in the meantime. Currently these are my options: 1) Keep the money in my business checking: 0% 2) Keep t...
by djpeteski
Mon Jul 10, 2017 8:18 am
Forum: Personal Consumer Issues
Topic: Family member fleecing Alzheimers victim
Replies: 26
Views: 4722

Re: Family member fleecing Alzheimers victim

This identity theft, and in this case you know the thief.

I would put the son on notice that any future transactions without your express approval will result in a police report being filed.

Then follow up on your threat. That is of course if you want to go there.
by djpeteski
Mon Jul 10, 2017 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Gift to son buy a condo in San Francisco. Co-ownership?
Replies: 55
Views: 4067

Re: Gift to son buy a condo in San Francisco. Co-ownership?

Wow, impressed. You guys are doing great and so is your son! If it was me, I would provide him a gift from you for 14K, and your wife of 14K this year. Then I would loan him 472K at 0% interest. Each subsequent year, I would gift him the gift tax limit and apply that amount towards the loan. Unfortu...
by djpeteski
Fri Jul 07, 2017 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Rental Sold, High Interest SL's Paid Off, Now What Do I Attack?
Replies: 26
Views: 1734

Re: Rental Sold, High Interest SL's Paid Off, Now What Do I Attack?

You do not mention your income, but I will assume it is about 120-180K or so. You don't mention match percentages on your 401Ks. If it was me, I would do the following: 1) Contribute only to the match on both of your 401Ks. 2) Knock out the student loans. I would consider reducing your emergency fun...
by djpeteski
Fri Jul 07, 2017 8:19 am
Forum: Personal Finance (Not Investing)
Topic: What is a Normal Spending Percentage of Take-Home Pay?
Replies: 29
Views: 2421

Re: What is a Normal Spending Percentage of Take-Home Pay?

What is the normal or expected percentage one can expect to spend from their net take home pay? "Normal" would be in the 95-105% range. Somewhere between 69% and 78%, which would constitute a majority and therefore "normal", have less than $1000 saved. Here is one source: http:/...
by djpeteski
Wed Jul 05, 2017 10:14 am
Forum: Personal Consumer Issues
Topic: Delta Air - various classes of service
Replies: 59
Views: 3459

Re: Delta Air - various classes of service

I was flying quite a bit from Orlando to Memphis for work. The first couple of flight were AirTran, but then they got bought out by Southwest. The only real option remaining was Delta. Since Delta charges for checked bags, the overhead bins tend to fill up quickly. This leads to having bags checked ...
by djpeteski
Wed Jul 05, 2017 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Invest or pay off >$200k Income Based (IBR) student loan?
Replies: 13
Views: 1738

Re: Invest or pay off >$200k Income Based (IBR) student loan?

Student Loan, all day. I would cut your contributions, to the 401K, to only the match. I would cut hers altogether (given the no match). About 6 months after the baby and mom come home, and all is okay, I would reduce your efund to your desired (of 30K), throwing 20K at the student loan. Hopefully y...
by djpeteski
Fri Jun 30, 2017 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Friend from Work & His Failing Business
Replies: 22
Views: 2903

Re: Friend from Work & His Failing Business

See DaveRamsey.com
by djpeteski
Fri Jun 30, 2017 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Those who max 401k
Replies: 55
Views: 6740

Re: Those who max 401k

To me, even as a salary employee, it can be very tricky. First off, after reading some answers, matches do not count toward your 18K max. Only your contributions. However, they do count toward the 54K max. Every employer I, and my wife, have worked for will only match x% of that paycheck. For exampl...
by djpeteski
Thu Jun 29, 2017 12:05 pm
Forum: Personal Consumer Issues
Topic: Wrecked Vehicles and Whether or Not to Keep Them
Replies: 34
Views: 1966

Re: Wrecked Vehicles and Whether or Not to Keep Them

I feel like you have a company like State Farm or some similarly horrible insurance company.

Find a quality one.
by djpeteski
Thu Jun 29, 2017 6:48 am
Forum: Investing - Help with Personal Investments
Topic: 27, Single, 25k Income with 100k Cash - Lost
Replies: 29
Views: 2800

Re: 27, Single, 25k Income with 100k Cash - Lost

I would use the 100K to improve your income. That is the investment with the best ROI.
by djpeteski
Wed Jun 28, 2017 10:18 am
Forum: Personal Consumer Issues
Topic: Cruise With The Grandkids
Replies: 31
Views: 2138

Re: Cruise With The Grandkids

You might want to look at vacationing in Aruba. We just got back and love it. I would specifically recommend staying at the Marriott Surf Club. A person we talked to there got a three bedroom for 250 per night from redweek.com. The key is they have a lazy river, however, bring your own floaties. Thr...
by djpeteski
Wed Jun 28, 2017 7:03 am
Forum: Personal Finance (Not Investing)
Topic: Would some outside advice on my next steps
Replies: 5
Views: 626

Re: Would some outside advice on my next steps

Good work so far, and nice income. Late 20, sheesh, you guys will probably be very wealthy. :moneybag If it was me, I would do the following; 2. Owe 15k a on car worth about 22k at 2.5%, own a 8k car outright 3. Owe 14k on personal / student loans at 5% 6. About 30k in liquid savings. I would combin...
by djpeteski
Tue Jun 20, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: Gift for 11 year girl from France
Replies: 6
Views: 770

Re: Gift for 11 year girl from France

It really depends on what she is into, perhaps you can get some hints from the parents. Last year we had a exchange student from the Basque country. She was into vinyl and classic rock. We got her a Nirvana (I know not exactly classic) album, and a Led Zeppelin t-shirt. She was in heaven over these ...
by djpeteski
Tue Jun 20, 2017 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Liability with dogs, hypothetical
Replies: 67
Views: 3285

Re: Liability with dogs, hypothetical

I would consider myself liable, and warn the woman to stay off the property. People can sue for anything and we are deep in an age where personal responsibility is considered very flexible. Additionally you have a pit bull of "questionable breading". In the court of public opinion, it may ...
by djpeteski
Fri Jun 16, 2017 10:26 am
Forum: Investing - Help with Personal Investments
Topic: USAA opinions. Worth it?
Replies: 29
Views: 2109

Re: USAA opinions. Worth it?

The insurance is top notch. You may be able to find cheaper in a given year, however, most of those will raise rates in the subsequent years. Plus USAA is a mutual company. You will have a "subscriber savings account" which will have deposits made into it each year, that is technically you...
by djpeteski
Thu Jun 15, 2017 8:07 am
Forum: Personal Finance (Not Investing)
Topic: 2004 LEXUS RX 330
Replies: 46
Views: 2734

Re: 2004 LEXUS RX 330

How long will it take you to pay off the 31K?

If you guys are debt free, you can probably do it in about a year. Just do that.
by djpeteski
Thu Jun 15, 2017 7:14 am
Forum: Personal Consumer Issues
Topic: To buy or not to buy and move?
Replies: 19
Views: 1499

Re: To buy or not to buy and move?

Why not rent for a year? This way you can see how you guys get along with the Son/DIL without a big financial commitment. Also you may hate the area. It really gives you time to review your options and from the financial picture you are suggesting, it will not be a burden. Having a bit more informat...
by djpeteski
Wed Jun 14, 2017 7:06 am
Forum: Investing - Theory, News & General
Topic: Favorite Active Funds?
Replies: 22
Views: 2467

Re: Favorite Active Funds?

I am a Fidelity Guy T ROWE PRICE GLOBAL TECHNOLOGY (PRGTX) .9% Expense ratio, 3 year avg return: 23.88% FIDELITY SELECT MEDICAL EQUIP&SYSTEM (FSMEX) .8%, 3 year avg return: 18.47% FIDELITY OTC PORT (FOCPX) .91%, 3 year avg return: 16.98% Oh and TSLA. :o During this time, my S&P500 fund retur...
by djpeteski
Wed Jun 14, 2017 6:56 am
Forum: Personal Consumer Issues
Topic: Getting a Florida Sunpass
Replies: 14
Views: 1359

Re: Getting a Florida Sunpass

Get the sunpass, the least expensive one is $5 at publix, and there is a sunpass app you can add to your smart phone. You fund your account, and you can add a rental car license plate and a clear start date/time for rental, and end date for rental as you drive off the rental car parking lot. Declin...
by djpeteski
Wed Jun 07, 2017 10:24 am
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 7355

Re: Dave Ramsey Financial Peace University ??? worth it?

If you can borrow a friend's kit, there are audio CDs that can be listened to. The course is about how to win with money. Most people get that wrong, they think it is about paying off debt. That is just one aspect. The course teaches budgeting, insurance, investing, mortgages, etc.... That being sai...
by djpeteski
Wed Jun 07, 2017 10:12 am
Forum: Investing - Help with Personal Investments
Topic: 28 years old - contributing more to retirement vs. loan payoff
Replies: 20
Views: 1802

Re: 28 years old - contributing more to retirement vs. loan payoff

Wow that is a lot of car for both your income and net worth. If it was me, I'd: Sell the Lexus Reduce contributions to 401K until I had two paid for cars. At most I would contribute to the match, but would not go above that. For cars, I would not have a total of more than 30K blue book for the both ...
by djpeteski
Wed Jun 07, 2017 8:02 am
Forum: Personal Consumer Issues
Topic: My Wife is having our 5th child. What is an appropriately extravagant push gift?
Replies: 90
Views: 7261

Re: My Wife is having our 5th child. What is an appropriately extravagant push gift?

My wife, who was a labor and delivery nurse for many years, says something "in a little blue box". Something from Tiffany's, a bottle of wine, and an award made at a local trophy shop would be a really nice gesture.

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