Search found 342 matches

by fishmonger
Tue Jun 20, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Planning Around Partner's Student Loans
Replies: 30
Views: 1976

Re: Planning Around Partner's Student Loans

Not trying to be judgmental but you've been together 10 years - why not get married? I understand marriage is not for some folks for whatever reason, but you include a lot of disclaimers in your post about whether you will truly be together long-term. I would find this a very difficult relationship ...
by fishmonger
Tue Jun 20, 2017 1:47 pm
Forum: Personal Consumer Issues
Topic: House selling - timeline question
Replies: 23
Views: 1631

Re: House selling - timeline question

Over the years I found that realtors really don't know anything more then I do. When we bought or sold houses, including houses for relatives, they didn't bring anything to the table. +1. Many realtors like to act like they are well seasoned experts in home renovations. Most are just salesmen. I wo...
by fishmonger
Mon Jun 19, 2017 1:34 pm
Forum: Personal Consumer Issues
Topic: Choosing between two siding contractors
Replies: 8
Views: 607

Re: Choosing between two siding contractors

Maybe follow up with #1 and see if he'll meet in the middle, say $15k? I would be hesitant to go with the contractor who did not specify materials. Quality disparity in siding is not as dramatic as say windows, but you're leaving yourself open to him using the cheapest products available
by fishmonger
Mon Jun 19, 2017 9:21 am
Forum: Personal Consumer Issues
Topic: NYC coop
Replies: 12
Views: 1151

Re: NYC coop

I am a little shocked to see that the board can approve/deny buyers. Seems like it opens up the door for discrimination and fair housing laws. Common in co-ops, and you see a lot of those in NYC +1. Saw this in action when a client of mine purchased a unit from a older relative at a "price tha...
by fishmonger
Fri Jun 16, 2017 10:50 am
Forum: Investing - Theory, News & General
Topic: Poll: 401K Match
Replies: 99
Views: 16185

Re: Poll: 401K Match

Employer matches 25% of deferrals up to 6%. So essentially 1.5% of comp.

Really the only downside of working here, love my job otherwise. My previous employer was 5% of comp, which is quite a difference over decades
by fishmonger
Tue Jun 13, 2017 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Overcharged for tax returns
Replies: 28
Views: 2571

Re: Overcharged for tax returns

Former CPA here, I don't think it's unreasonable at all. As mentioned previously, reviewing/inputting depreciation schedules would be the bulk of the work. Are there multiple states as well? Tax software is not cheap, and each additional state filing comes with a cost. Nine emails back and forth is ...
by fishmonger
Fri Jun 09, 2017 8:04 am
Forum: Personal Consumer Issues
Topic: Babson College
Replies: 30
Views: 2254

Re: Babson College

One of the top rated business schools in the north east, excellent brand recondition, with strong ties to the business community. If he is interested in Babson, he should also look at Bentley and Bryant, they tend to get grouped together frequently. Babson i've heard of, Bentley and Bryant? not so ...
by fishmonger
Thu Jun 08, 2017 8:07 am
Forum: Personal Consumer Issues
Topic: Buying a House with an Old but Working Roof
Replies: 19
Views: 1019

Re: Buying a House with an Old but Working Roof

5 or 10 years away should not be a deal breaker. If it was failing now, different story.
by fishmonger
Wed Jun 07, 2017 2:21 pm
Forum: Personal Consumer Issues
Topic: Used Exercise Equipment
Replies: 22
Views: 1430

Re: Used Exercise Equipment

Just off the cuff, I would say the depreciation on electric powered equipment is higher. I doubt someone would pay $1000 for your used treadmill. Same with stairclimbers, ellipticals, etc. In general some of these machines go up and down in popularity as well based on what's "cool" at the ...
by fishmonger
Tue Jun 06, 2017 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting
Replies: 47
Views: 3092

Re: Budgeting

I use Excel, and it only takes about an hour every month. I had Mint for a while but found it to be a bigger pain than it was worth.

Also helps that I now have no debt other than our mortgage, so there's much less activity to track
by fishmonger
Fri Jun 02, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: How does somebody go through Sheriff's Sale and buy a house?
Replies: 3
Views: 695

Re: How does somebody go through Sheriff's Sale and buy a house?

Co-signer/guarantor. Someone I know had a 2nd home foreclosed on and bought a primary residence in the same year
by fishmonger
Fri Jun 02, 2017 9:30 am
Forum: Personal Consumer Issues
Topic: Responding to a weird job interview question..
Replies: 31
Views: 2952

Re: Responding to a weird job interview question..

Keep looking for a job opportunity where the employer sets standards for civil behavior. Teenagers are impressionable so working with a group of vulgar people is probably not a good learning experience. So you're saying essentially that a teen should never take a job that involves manual labor? It'...
by fishmonger
Fri Jun 02, 2017 8:54 am
Forum: Personal Consumer Issues
Topic: Responding to a weird job interview question..
Replies: 31
Views: 2952

Re: Responding to a weird job interview question..

Seems to me like an honest question, putting aside PC concerns. What is the job - construction related?

Logic is probably they've had employees get offended before and quit. Better to ask the question up front IMO
by fishmonger
Thu Jun 01, 2017 9:14 am
Forum: Personal Consumer Issues
Topic: Nephews play football - don't want to encourage this
Replies: 45
Views: 3058

Re: Nephews play football - don't want to encourage this

Full disclosure, I am a huge proponent of football and lessons it teaches that you simply cannot get from most other sports. It builds character in a way that soccer, baseball, basketball, etc. just do not (and baseball is my first love). Strange. I have never played football, and yet I don't think...
by fishmonger
Thu Jun 01, 2017 9:08 am
Forum: Personal Consumer Issues
Topic: Nephews play football - don't want to encourage this
Replies: 45
Views: 3058

Re: Nephews play football - don't want to encourage this

Fishmonger said This is not stated enough. Full disclosure, I am a huge proponent of football and lessons it teaches that you simply cannot get from most other sports. It builds character in a way that soccer, baseball, basketball, etc. just do not (and baseball is my first love). I'm just curious ...
by fishmonger
Thu Jun 01, 2017 8:24 am
Forum: Personal Consumer Issues
Topic: Nephews play football - don't want to encourage this
Replies: 45
Views: 3058

Re: Nephews play football - don't want to encourage this

The sport does pose a risk, especially to youngsters. But feel a little better that millions of youngsters play every year without short or long term problems. That doesn't mean, of course, and there aren't some very unlucky ones, too. Just know that they'll likely be fine and you'll be regarded as...
by fishmonger
Wed May 31, 2017 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Newbie Looking to buy real estate
Replies: 10
Views: 1166

Re: Newbie Looking to buy real estate

Unless you aren't telling us the whole story buying a piece of random property, only for this purpose, does not make sense Hi, thanks for the replies. Yes this is the whole story, always thought that property (when researched properly and due diligence is done via he buyer) is a good investment. I ...
by fishmonger
Tue May 30, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Newbie Looking to buy real estate
Replies: 10
Views: 1166

Re: Newbie Looking to buy real estate

Even if you find a piece of land, there is no guarantee you can store stuff on it. You would have to research local zoning and rules, etc. For the purpose you cite- definitely pay to store (i.e., rent). Also- if you DID buy land- getting rid of it later would be difficult. You might end up with a b...
by fishmonger
Tue May 30, 2017 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Newbie Looking to buy real estate
Replies: 10
Views: 1166

Re: Newbie Looking to buy real estate

Get a storage unit. Chances are both will go unused, and in a couple of years you'll want to get rid of them. You'd probably pay less in rental fees than you would in property taxes. Unless you aren't telling us the whole story buying a piece of random property, only for this purpose, does not make ...
by fishmonger
Tue May 23, 2017 8:29 am
Forum: Personal Consumer Issues
Topic: Cheshire County New Hampshire: Which town for retirement?
Replies: 14
Views: 1482

Re: Cheshire County New Hampshire: Which town for retirement?

Thanks for the tax lesson. I am wondering about high speed internet in such rural areas. Satellite is slow and expensive. Does anyone use unlimited data plans on cell phones and tether if broad band is not available ? I have no issues with cell service generally. If you're up in the mountains or re...
by fishmonger
Thu May 18, 2017 4:06 pm
Forum: Personal Consumer Issues
Topic: Negotiating an apartment lease
Replies: 7
Views: 729

Re: Negotiating an apartment lease

It doesn't hurt to ask in a nice, polite way, but a $25 increase is peanuts. I imagine the landlord's real estate tax, insurance and other expenses have gone up far more than that. But, yes, keeping you there for another year eliminates some turnover cost. I probably would just agree to pay the ext...
by fishmonger
Thu May 18, 2017 11:06 am
Forum: Personal Consumer Issues
Topic: Death in family a week before cruise
Replies: 30
Views: 3541

Re: Death in family a week before cruise

Short notice I know but you might be able to swap someone else in. My mother-in-law did this when my FIL got deployed
by fishmonger
Thu May 18, 2017 9:15 am
Forum: Personal Finance (Not Investing)
Topic: New car sales down, discounts up
Replies: 15
Views: 2369

Re: New car sales down, discounts up

Maybe yes, maybe no. I think a lot of this is dependent on make/model. For example, if you look at the price of new Tacomas they are usually only $3-5k more than one that is 4 or 5 years old with significant mileage. And that's without the warranty. So any rational person would buy new right? The t...
by fishmonger
Wed May 17, 2017 8:00 am
Forum: Personal Consumer Issues
Topic: Cheshire County New Hampshire: Which town for retirement?
Replies: 14
Views: 1482

Re: Cheshire County New Hampshire: Which town for retirement?

Why are you choosing Cheshire County? What interests you there? Keene is a nice college town and fairly walkable. It's a nice part of the state, but I'd look a bit more north into Sullivan County where your access to amenities will be better. Sullivan County gets you right around or on I-89 (easier...
by fishmonger
Tue May 16, 2017 3:03 pm
Forum: Personal Consumer Issues
Topic: Cheshire County New Hampshire: Which town for retirement?
Replies: 14
Views: 1482

Re: Cheshire County New Hampshire: Which town for retirement?

I live in Keene, NH, born and raised. Definitely the cultural center of the area as mentioned previously. If you've been living in California, you'll probably be blown away by how much housing costs here (in the best way). However, due to NH's tax structure and Keene being the county seat, as well a...
by fishmonger
Tue May 16, 2017 11:21 am
Forum: Investing - Theory, News & General
Topic: What Will Burst the Next Bubble?
Replies: 66
Views: 6593

Re: What Will Burst the Next Bubble?

Interesting topic, and something that has been on my mind of late as well. -Homes are selling for more than list, usually with multiple bids, in only a few days. If you're not offering cash or guaranteed financing, and/or waiving contingencies, your bid may not be competitive. That's an absolutely ...
by fishmonger
Fri May 12, 2017 11:00 am
Forum: Personal Finance (Not Investing)
Topic: New car sales down, discounts up
Replies: 15
Views: 2369

Re: New car sales down, discounts up

Maybe yes, maybe no. I think a lot of this is dependent on make/model. For example, if you look at the price of new Tacomas they are usually only $3-5k more than one that is 4 or 5 years old with significant mileage. And that's without the warranty. So any rational person would buy new right? The t...
by fishmonger
Fri May 12, 2017 9:48 am
Forum: Personal Finance (Not Investing)
Topic: New car sales down, discounts up
Replies: 15
Views: 2369

Re: New car sales down, discounts up

While new and used car prices may not always move together, in this case, perhaps might used cars see lowering of prices? For a specific model, yes, absolutely. Why? Well, say that a 2 year old used car, that you think should be a better buy than a brand new car is being sold at the new car dealer ...
by fishmonger
Fri May 12, 2017 7:51 am
Forum: Personal Consumer Issues
Topic: Price for brakes and rotors?
Replies: 73
Views: 3241

Re: Price for brakes and rotors?

You're probably paying 15-20% more by going through a dealer. This is a simple job that an independent, local shop can do with their eyes closed
by fishmonger
Thu May 11, 2017 10:51 am
Forum: Personal Consumer Issues
Topic: How do Bogleheads buy cars?
Replies: 71
Views: 7489

Re: How do Bogleheads buy cars?

Trying to replace my 2004 Grand Cherokee Laredo for new or lightly used SUV. I have to have something excellent in snow. I am tired of the process already. I have test driven and ruled out a Toyota Rav4. I have test driven and liked the Suburu Forrester but nothing compares to the Jeep Grand Cherok...
by fishmonger
Wed May 10, 2017 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Job choice
Replies: 18
Views: 1810

Re: Job choice

I agree with most previous posters. In my opinion, life is too short to work those kind of hours on a weekly basis. I had a job once where I had to work 70+ hours/week, but that was only for a 12-15 week stretch. Doing that every week, year 'round, would wreak havoc on my family and personal health....
by fishmonger
Tue May 09, 2017 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: What home improvements are worth it
Replies: 37
Views: 5500

Re: What home improvements are worth it

Landscaping gives a great bang for your buck, and can be done cheaply. However, when it comes to increasing FMV of a home as much as a fresh coat of paint, interior and exterior
by fishmonger
Tue May 09, 2017 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Moving and Taxes - [What Would You Do]?
Replies: 6
Views: 639

Re: Moving and Taxes - WWYD?

Not sure of the particular situation, but it'll most likely settle when you file your 2017 taxes. Enter date of move, and local/city taxes should be allocated from there
by fishmonger
Mon May 08, 2017 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Road Going Forward - What are we doing wrong?
Replies: 13
Views: 2103

Re: Financial Road Going Forward - What are we doing wrong?

How old are your kids? By the sounds of it, elementary school?

If you continue to put $12k/year into their 529's you may end up contributing "too much"
by fishmonger
Mon May 08, 2017 7:29 am
Forum: Personal Consumer Issues
Topic: College Reunion Vacation
Replies: 13
Views: 796

Re: College Reunion Vacation

Lake George or Lake Champlain can work. Did a similar thing with 5-6 of my college buddies a few years ago (but to follow other posters, we were looking to party and it was all guys). Burlington and Albany are both decent sized airports.
by fishmonger
Thu May 04, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Any recommendations for books on Financial Planning?
Replies: 13
Views: 1092

Re: Any recommendations for books on Financial Planning?

I would say The Millionaire Next Door. Some of the lessons will be hard to practice living in NYC, one of the most expensive places in the world to live. But it does a great job of focusing on budgeting and debunking a lot of myths about who is wealthy in this country and how they ended up there
by fishmonger
Thu May 04, 2017 9:23 am
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 242
Views: 24578

Re: Where to Live on $60K or Less a Year?

Mass not being a low tax state is an understatement. Also realize that Western Mass gets almost nothing from the state legislature in terms of roads, economic development, etc. Property tax rate in Amherst is $21/$1000. Could find a comparable place 20 miles north in NH with no income tax or sales ...
by fishmonger
Wed May 03, 2017 2:19 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 242
Views: 24578

Re: Where to Live on $60K or Less a Year?

One town outside Amherst Massachusetts, home of University of Massachusetts and Amherst College. Believe it or not. In a valley so mostly avoids snowstorms that pound eastern Massachusetts. Winter cold is certainly main downside but fills almost all other characteristics. Bradley airport 1 hour awa...
by fishmonger
Wed May 03, 2017 7:44 am
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 242
Views: 24578

Re: Where to Live on $60K or Less a Year?

Agree with the sentiment that you need to narrow it down to your 3-4 most important factors and go from there. Quite honestly, at $60k/year and a $300k housing budget, you are not going to get everything on your list. You've mentioned multiple times being close to a Trader Joes - is that really a pr...
by fishmonger
Tue May 02, 2017 3:50 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 242
Views: 24578

Re: Where to Live on $60K or Less a Year?

lthenderson wrote:I can think of many other countries I have been too where all those points apply and where $60/year income would be extreme overkill.


Such as???? Just curious!
by fishmonger
Tue May 02, 2017 2:58 pm
Forum: Personal Consumer Issues
Topic: Buying a diamond ring
Replies: 57
Views: 3550

Re: Buying a diamond ring

Have only bought one diamond ring (so far!) so take my advice for what it's worth. I would never buy one online without being able to look at it. That being said, I think diamonds are the ultimate commodity, don't get fooled into going in some "boutique jeweler" to pay 20-30% more for the ...
by fishmonger
Tue May 02, 2017 2:30 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 242
Views: 24578

Re: Where to Live on $60K or Less a Year?

How about Southern NH? It's a slam dunk for your first four points, and the weather in the southern part of the state is not that bad, you'll get a few snow storms a year but most are 6-10" max. Most towns are within 1-2 hours of Boston (best medical facilities in the country, if not the world)...
by fishmonger
Tue May 02, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Is 401k loan really a bad idea?
Replies: 57
Views: 3434

Re: Is 401k loan really a bad idea?

Some websites say 401k loan is bad because you are paying it back with after-tax dollars. But no matter what loan I get, I have to pay it back with after-tax dollars. So I am not understanding if this is a real issue or not? I am looking to borrow 50k from my 401 which has around 500k in it. It wou...
by fishmonger
Mon May 01, 2017 4:06 pm
Forum: Personal Consumer Issues
Topic: Would you exchange a 2001 4Runner for a 2007 Santa Fe?
Replies: 33
Views: 1912

Re: Would you exchange a 2001 4Runner for a 2007 Santa Fe?

Keep the 4runner! I bought mine new in 1997 and gave it to a friend in 2016. 19 years and 216,000 miles. Loved that vehicle. Needed 3rd row seating, so bought a new 4runner. Plan to keep this one for 2 decades as well. Keep the 4runner! I bought mine new in 1997 and gave it to a friend in 2016. 19 ...
by fishmonger
Mon May 01, 2017 1:41 pm
Forum: Personal Consumer Issues
Topic: Would you exchange a 2001 4Runner for a 2007 Santa Fe?
Replies: 33
Views: 1912

Re: Would you exchange a 2001 4Runner for a 2006 Santa Fe?

Good lord no. That generation 4runner is one of the best SUV's ever made and you barely have it broken in yet. The only thing that would cause me to get rid of your 4runner is the RWD instead of 4wd. +1. I had a 2000 4Runner that I took to 220k miles. By far the best vehicle I have ever owned. I st...
by fishmonger
Thu Apr 27, 2017 10:23 am
Forum: Personal Consumer Issues
Topic: Hourly rate for carpenter?
Replies: 15
Views: 1761

Re: Hourly rate for carpenter?

Agree...get a carpenter to quote you a flat rate for the job. There's no room for padding the bill if it's a flat rate project. The carpenter will want to get in and get out as fast as they can. Actually, using flat rate guarantee's padding, as the bidder normally plugs in 20 to 25% for the unknown...
by fishmonger
Thu Apr 27, 2017 7:32 am
Forum: Personal Consumer Issues
Topic: When does it make sense to stop paying to repair your old vehicle?
Replies: 56
Views: 4047

Re: When does it make sense to stop paying to repair your old vehicle?

This is absolutely a vehicle you should have gotten rid of long ago. I get the attachment issue completely (I felt the same way about a 2000 4Runner I had).

But at this point you are, quite frankly, making poor financial decisions to throw THOUSANDS of dollars into a vehicle that is only worth $2k.
by fishmonger
Wed Apr 26, 2017 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Best strategy for retaining tenants?
Replies: 30
Views: 2049

Re: Best strategy for retaining tenants?

It's hard to tell what you want to do here - do you want to try and get a rent increase? Or don't want a lease to keep your options open? How much of a pain would it really be for you to have to rent the unit to someone else, in terms of time and expense? Tenants like that are EXTREMELY hard to find...
by fishmonger
Wed Apr 26, 2017 9:19 am
Forum: Personal Consumer Issues
Topic: How do you build a house?
Replies: 10
Views: 1564

Re: How do you build a house?

For that price range, and a new build from scratch, I would absolutely hire an independent architect. Design/build firms can do the job, but their focus will be more on cost and "what you want your house to look like." A quality architect will put a lot more thought into how to site your h...

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