Search found 1091 matches

by hand
Fri Feb 16, 2018 3:56 pm
Forum: Personal Consumer Issues
Topic: Good brands for Kitchenware?
Replies: 31
Views: 2006

Re: Good brands for Kitchenware?

There's no generic answer to good brands for pots/pans - you need to dig deeper to understand your specific needs and wants per pot. Standardizing on a brand or type of pot is likely to get you less than top performance. Doubtless discussed on cooking forums in great detail, but my approach as follo...
by hand
Thu Feb 15, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Rant about relocation mortgage assistance, and a question
Replies: 54
Views: 2900

Re: Rant about relocation mortgage assistance, and a question

Anyway, we are done with the mortgage company. We are going to pay cash. We have sold enough in our taxable account to leave us $600k short of the total cost of the house. That generated some capital gains, but the next tranche of sales will be more painful. I don't mind resetting the basis, in pri...
by hand
Thu Feb 15, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy to sell a sought-after condo
Replies: 15
Views: 975

Re: Strategy to sell a sought-after condo

Zillow "make me move" listing, with a price you'd be willing to sell at today (significantly above market). Drop price a bit every couple weeks with a goal of ending up a bit above market at your desired timeframe. You'll have to put up with lots of realtors fishing for your business, but use each c...
by hand
Wed Feb 14, 2018 4:16 pm
Forum: Personal Consumer Issues
Topic: Unfinished basement ideas
Replies: 41
Views: 5305

Re: Unfinished basement ideas

what is the best way to learn about how to insulation the rim joist? I am currently in the middle of a DIY basement remodel and found this post to be super helpful. Building Science Corporation has numerous resources which address the science and best practices of construction and insulation. Linke...
by hand
Sun Feb 11, 2018 10:51 pm
Forum: Personal Consumer Issues
Topic: Mesh wifi solution sought for new house
Replies: 45
Views: 2124

Re: Mesh wifi solution sought for new house

Is it possible that Mesh isn't the answer here? I've been hearing lots of good things about Ubiquity access points...
by hand
Fri Feb 09, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 8594

Re: Tenants want to break lease early and is pregnant

As noted by randomguy above, best answer is likely the intersection of what is contractually & legally required and what you and the tenants choose to additionally negotiate based on current situation. If it were me, I'd go for the win-win; tenants want to move out early, you want to raise rents, mi...
by hand
Thu Feb 08, 2018 9:18 am
Forum: Personal Consumer Issues
Topic: Washer/Dryer longevity ?
Replies: 67
Views: 5400

Re: Washer/Dryer longevity ?

Consumer Reports has a relevant free article which includes commentary from major brands regarding design life: https://www.consumerreports.org/washing-machines/how-to-make-your-washer-and-dryer-last/ While Frigidaire was not specifically identified, the trend was clear that machines were said to be...
by hand
Wed Feb 07, 2018 1:23 pm
Forum: Personal Consumer Issues
Topic: Radon: basement stair and basement gym considerations
Replies: 11
Views: 1003

Re: Radon: basement stair and basement gym considerations

The EPA has data that is relevant: https://www.epa.gov/radon/health-risk-radon Bottom line is that risk is dependent on 1) whether you are a smoker, and 2) post-remediation radon levels. (Presumably age / cumulative exposure is relevant as well). Assuming post-remediation levels of <2 pCi/L for a no...
by hand
Fri Feb 02, 2018 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Finally going to invest, brother is FA
Replies: 89
Views: 6537

Re: Finally going to invest, brother is FA

I'm sorry, but any benefit of the doubt that I was willing to extend to your brother about his ability to protect your financial interests vanished when I saw these "porfolio results." I expect that there is no ill-intentions there, but if he's giving you these materials in good faith (and I expect...
by hand
Thu Feb 01, 2018 9:53 am
Forum: Investing - Help with Personal Investments
Topic: Become a rent-to-own landlord?
Replies: 9
Views: 666

Re: Become a rent-to-own landlord?

I considered and rejected... In theory it seemed like it could be a fair and mutually beneficial arrangement, but in practice it seemed like the only "buyers" who were interested were those with poor credit because of poor financial literacy / unstable financial position. These types of "buyers" wan...
by hand
Mon Jan 29, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Sanity check of SS with less than 35 years earnings
Replies: 31
Views: 3613

Re: Sanity check of SS with less than 35 years earnings

juice wrote:
Fri Jan 26, 2018 4:51 pm
Here is a good tool to play with: https://socialsecurity.tools/
Thanks for the reference - this is great!
by hand
Sun Jan 28, 2018 10:17 am
Forum: Personal Consumer Issues
Topic: WHY do wireless routers need periodic reboots?
Replies: 117
Views: 8693

Re: WHY do wireless routers need periodic reboots?

Fundamentally, this is a structural issue because the mass market competes on price and features rather than quality and stability. My perspective is that our lives would be better with a bit more engineering and a bit less marketing. Like most, you likely either purchased the lowest cost wireless r...
by hand
Thu Jan 25, 2018 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Almost 34 years old... Looking for Career Ideas with realistic High Earning Potential
Replies: 31
Views: 3131

Re: Almost 34 years old... Looking for Career Ideas with realistic High Earning Potential

Consider leveraging your existing position to retool vs. paying to retool. You're presumably not only an expert at doing your job (the work you hate), but knowledgeable about in the processes surrounding it and would be heavily involved in any process transformations related. Either outsource yourse...
by hand
Wed Jan 24, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay extra mortgage principal?
Replies: 11
Views: 787

Re: How to pay extra mortgage principal?

I'd call your servicer and ask what the best way to pay is, you may learn something interesting in the response that helps you make the best decision. Given the options stated, I'd pay $20k via ACH, verify that everything works as planned, rinse and repeat. Since main risk stated of this approach is...
by hand
Mon Jan 22, 2018 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Should I buy a business or suck it up at a job(s) with a pension.
Replies: 82
Views: 5925

Re: Should I buy a business or suck it up at a job(s) with a pension.

Another option I thought of was retire at 50, go work at my friends car wash if after a few months it still interests me explore buying my own place. However, this then makes me ineligible for the free medical at 55 because I’d be retiring at 50 from my employer. I'm in strong agreement with those ...
by hand
Fri Jan 19, 2018 10:44 am
Forum: Personal Consumer Issues
Topic: Learning Swimming @ 40+
Replies: 37
Views: 1826

Re: Learning Swimming @ 40+

Interesting challenge having watched many non-swimming teens and adults try to learn. Learning to swim is infinitely harder (but still very doable) as soon as you're smart enough to recognize swimming is "unnatural" Keys from my perspective: 1) Recognize that the fear is a rational response to an un...
by hand
Fri Jan 19, 2018 5:48 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing real estate in Philly
Replies: 13
Views: 1340

Re: Purchasing real estate in Philly

@hand, could you explain this part make sure you do your research to understand all the players in a real estate transaction and how their interests do or don't align with your goals. The people I can think of are (other than the agent) lawyer, appraiser, loan officer, and inspector. Are there othe...
by hand
Thu Jan 18, 2018 11:16 am
Forum: Personal Consumer Issues
Topic: 4k UHD TVs worth it?
Replies: 66
Views: 5040

Re: 4k UHD TVs worth it?

Before upgrading, be sure that your entire video chain supports 4k (HDCP 2.2). Depending on your setup, this may include 1) source content, 2) Source (DVD player, streaming device), 3) AV Reciever, 4) TV 5) TV size vs. viewing distance. If any of these don't support 4k and requisite copy protection,...
by hand
Thu Jan 18, 2018 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing real estate in Philly
Replies: 13
Views: 1340

Re: Purchasing real estate in Philly

Welcome, You've asked a lot of good specific questions, but would suggest you focus first on the more general real estate questions: 1) Does it make sense to buy vs rent in your situation / your financials A stable job plus plans to stay in the property to 5-7 years make a purchase viable, however y...
by hand
Tue Jan 16, 2018 1:14 pm
Forum: Personal Consumer Issues
Topic: How can I become a better consumer?
Replies: 18
Views: 1638

Re: How can I become a better consumer?

The key to my consumer happiness has been recognizing 1) that there is often a disconnect between the marketing spiel and the reality of a consumer product and 2) that "quality" (longevity / freedom from degraded performance) is a feature that is important to me, but often lacking from mass-market r...
by hand
Tue Jan 16, 2018 10:47 am
Forum: Personal Consumer Issues
Topic: best flooring for a basement wood shop?
Replies: 27
Views: 1533

Re: best flooring for a basement wood shop?

Another product that may split the difference between looks and functionality is wood look porcelain tile. Pros are look and durability, cons are cost, requirement for a solid sub-floor and hard surface which may not be desirable for boat building. If you're not aware, porcelain tile is rated based ...
by hand
Thu Jan 11, 2018 6:09 pm
Forum: Personal Consumer Issues
Topic: New Washer - Frontload or HE Top Load
Replies: 57
Views: 7241

Re: New Washer - Frontload or HE Top Load

I'm having a hard time understanding the debate upthread regarding water usage - based on my experience this is not applicable to the front loading Speed Queens which Consumer Reports specifically called out as being "water efficient." Speed Queen AFNE9BSP113TW01 front-loader, $1,900 This front-load...
by hand
Thu Jan 11, 2018 3:00 pm
Forum: Personal Consumer Issues
Topic: Kenmore Washer Dryer
Replies: 29
Views: 1581

Re: Kenmore Washer Dryer

Happy owner of a 2.5 year old Speed Queen electric panel, front load washer and dryer. When doing my research, it became clear that Consumer Reports methodology did not value the same things I did. Consumer reports appears to care about the following: Cleaning ability of very dirty clothes on "Norma...
by hand
Wed Jan 03, 2018 5:09 pm
Forum: Personal Consumer Issues
Topic: Recommend me a backpack for business use
Replies: 21
Views: 1309

Re: Recommend me a backpack for business use

I am a huge fan of GoRuck backpacks. The GR1, specifically. No branding/logo, well built, made in the USA if that matters to you. I really like the laptop compartment on the GR1 and how easily accessible it is without having to delve into the inside of the bag. Enough pockets to store the essential...
by hand
Tue Jan 02, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: What is your threshold for paying down debt?
Replies: 89
Views: 5977

Re: What is your threshold for paying down debt?

For example, there was a car loan thread and multiple posters were proclaiming one should never take a car loan because it breeds bad habits. One poster arguing for car loans even had the cash but took a 0 down, 0% interest, 5 year loan. That poster went ignored, but you really can't argue against ...
by hand
Wed Dec 20, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Accidental Landlord Quote and update
Replies: 6
Views: 812

Re: Accidental Landlord Quote and update

Congratulations, and thanks for providing the update!

Enjoy sleeping peacefully at night once you've eliminated this risk from your portfolio and life.
by hand
Tue Dec 19, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Financial Assistance to Adult Child (health insurance)
Replies: 107
Views: 5995

Re: Financial Assistance to Adult Child (health insurance)

Gosh, sure seems like there's a product opportunity here - catastrophic medical insurance for adult children that can be bought without the child's knowledge to protect parents who feel obligated to their children (or perhaps children to their parents) without the moral hazard issues discussed above...
by hand
Mon Dec 18, 2017 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Buy very old house without buyer agent
Replies: 14
Views: 1366

Re: Buy very old house without buyer agent

Hi, Where I live, single houses are very expensive. Houses built before 1900 with 3-4 bedrooms are in the range of 600K-700K. I am going to look at these old houses since they are only ones in my price range. Since houses are expensive here, many people look for house by themselves with out buyer a...
by hand
Sun Dec 17, 2017 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Financial Assistance to Adult Child (health insurance)
Replies: 107
Views: 5995

Re: Financial Assistance to Adult Child (health insurance)

hand, she does not have a career failure. She makes double the median income for her age bracket. Her problem is her spending patterns. I think you may be missing my point... irrespective of whether she is truly failing at her career, broadening the discussion with your daughter from health insuran...
by hand
Sat Dec 16, 2017 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Assistance to Adult Child (health insurance)
Replies: 107
Views: 5995

Re: Financial Assistance to Adult Child (health insurance)

Our adult (30 yo) daughter has been almost completely financially independent since she graduated from college. We have helped with the occasional crunch or medical/dental bill, but this has not amounted to much. Because she does not get health insurance through her work, she gets it through the NY...
by hand
Thu Dec 14, 2017 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: any sense in purchasing an annuity before retirement?
Replies: 35
Views: 2262

Re: any sense in purchasing an annuity before retirement?

It sounds like you're already leaning in this direction, but just to make it explicit - annuitization isn't an all or nothing decision. Make sure you also consider partially anuitizing or some sort of an "annuity ladder."
by hand
Tue Dec 12, 2017 8:54 am
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 147
Views: 7074

Re: Snow Tires? Worth it?

I work in a group of engineers and this topic is discussed often, and the consensus is that snow tires are not worth the time or money. Not to pile on, but this tickled my funny bone - since when do engineers care about consensus? I always idealized engineering as the ultimate fact based profession.
by hand
Thu Dec 07, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: House on the market less than a day. Did listing agent commit fraud?
Replies: 56
Views: 7258

Re: House on the market less than a day. Did listing agent commit fraud?

Plenty of legitimate reasons for the circumstances described by the OP, though I've heard of similar sounding shenanigans with bank-owned properties where realtor under-prices and then steers the listing to an accomplice, so anything is possible. As suggested above, no reason not to write a backup o...
by hand
Wed Dec 06, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Inexpensive way to ship heavy item...
Replies: 23
Views: 1965

Re: Inexpensive way to ship heavy item...

Two other ideas for heavy shipping that may or may not be useful for your specific situation of needing to deliver to a business: 1) Industrial supplier Fastenal does store to store shipping that is sometimes competitive for big heavy items: https://www.garagejournal.com/forum/showthread.php?t=35993...
by hand
Fri Nov 10, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Personal letters to the sellers of your house can work!!!
Replies: 74
Views: 8761

Re: Personal letters to the sellers of your house can work!!!

Congratulations and good luck! I'm always interested in buying / selling stories since the reality is often more complex and interesting than the theoretical idealized transaction. I can't help but thinking that you are "burying the lede" with your "personal letter" headline. I'm sure the letter hel...
by hand
Thu Nov 09, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Where am I and where am I going?
Replies: 16
Views: 1942

Re: Where am I and where am I going?

To "hand". What would be the method to "discount your assets"? I conceptualize as follows: You have $3.5M portfolio which spins off $140k / yr at 4% (plus Federal retirement + social security) If the current value of your goals / obligations (vacation house + down payments + 529s ) is $0.5M; your r...
by hand
Thu Nov 09, 2017 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Where am I and where am I going?
Replies: 16
Views: 1942

Re: Where am I and where am I going?

You should do the math in detail, but my gut says that there is a disconnect between your assets / withdrawals and your stated goals. Perhaps I'm over-reading, but vacation home + expenses, plus two down payments for kids houses, plus 2(?) 529's could quickly add up to a substantial amount. You shou...
by hand
Thu Nov 09, 2017 11:35 am
Forum: Personal Consumer Issues
Topic: Worth changing 40 gal. to 30gal. hot water tank?
Replies: 90
Views: 5292

Re: Worth changing 40 gal. to 30gal. hot water tank?

Gas water heaters are significantly faster than electric water heaters and smaller water heaters are more efficient than larger ones. Newer water heaters are also faster than older ones. Dish and clothes washers are also much more efficient in water usage than they used to be and most newer showers...
by hand
Tue Nov 07, 2017 5:17 pm
Forum: Personal Consumer Issues
Topic: DIY vs work extra and pay a pro
Replies: 37
Views: 3111

Re: DIY vs work extra and pay a pro

I don't think there's any one right answer, but rather a continuum along which your optimal balance of DIY/Hire changes from day to day and project to project based on any number of factors: Do you have the skill to do or learn? How will DIY quality compare to hired work? Do you have the time? What ...
by hand
Thu Nov 02, 2017 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: what % return do you use?
Replies: 62
Views: 4650

Re: what % return do you use?

A bit complicated to model, but I understand the interaction of % return, withdrawal rate, and retirement age as a three dimensional matrix. Current nest egg, future savings amount, and desired retirement income are key assumptions / inputs to the model. For simplicity's sake, I set retirement age a...
by hand
Fri Oct 27, 2017 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Pay lump sum to get rid of PMI?
Replies: 13
Views: 1709

Re: Pay lump sum to get rid of PMI?

Probably worth reading through this thread regarding difficulties and legalities of removing PMI:

viewtopic.php?p=3590634#p3590634

Good luck, and please do report back with your real world experience so others can benefit.
by hand
Wed Oct 25, 2017 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Pay lump sum to get rid of PMI?
Replies: 13
Views: 1709

Re: Pay lump sum to get rid of PMI?

Lump sum needed to get rid of PMI is about 24k. If I do nothing the PMI will drop of in July 2022, adds up to about additional of $6.5k in pmi payment between now and then. So spend the 24k and save 6.5k is a no brainer right? Hopefully I'll be able to re-coop the 24k when I sell the condo. Assume ...
by hand
Wed Oct 25, 2017 10:39 am
Forum: Personal Consumer Issues
Topic: metal roof: standing seam vs interlocking panels
Replies: 15
Views: 1562

Re: metal roof: standing seam vs interlocking panels

If I'm understanding correctly, your two options are #1 a new standing seam roof, or #2 interlocking panels placed over a failing shingles? #2 feels like an inferior technology (interlocking panels vs. standing seam) installed in an inferior manner (over old roof vs. replacing old roof). Additionall...
by hand
Tue Oct 24, 2017 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Who's got too much RE in India ??. Time to cash out??
Replies: 31
Views: 3247

Re: Who's got too much RE in India ??. Time to cash out??

Perhaps take a breath and separate the thoughts of: 1) your long term goals and ideal asset allocation (RE vs. Stock vs. Bond) and location (US vs. India) from 2) Indian RE future returns and US housing future prices and affordability, relative currency valuations (all of which I believe are largely...
by hand
Tue Oct 24, 2017 8:37 am
Forum: Personal Consumer Issues
Topic: Dual Fuel Stoves
Replies: 19
Views: 1351

Re: Dual Fuel Stoves

A couple of thoughts: 1) Propane and natural gas are different - with propane being more expensive, but potentially providing more heat depending on your cooktop. It is not clear to me whether propane is generally preferred over induction for cooking. 2) Unhappy tag-alongs to international postings ...
by hand
Mon Oct 09, 2017 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 16835

Re: Hope I'm not unwittingly wading into anything here...

Bogleheads use a rational approach to investment with a heavy focus on reducing non-value added fees and optimizing risk (not taking unneeded risk). (see the Wiki: https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_philosophy) MMMers maximize savings by reducing consumption. There appears t...
by hand
Wed Oct 04, 2017 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: First time home buyer - gut check
Replies: 26
Views: 2550

Re: First time home buyer - gut check

We currently rent for $1,500 a month. Some math shows a PITI of $2500 - $3000 on the upper end of our $575k range. We have family thinking that we need to buy a house and that we are throwing money away renting. I do not see it as throwing away money because it is flexible and we have a roof over o...
by hand
Wed Oct 04, 2017 7:48 am
Forum: Investing - Theory, News & General
Topic: AAII Article: Target Wealth A Better Bet For Achieving Wealth Goals
Replies: 13
Views: 2229

Re: AAII Article: Target Wealth A Better Bet For Achieving Wealth Goals

Thanks for this - this approach aligns intuitively with my beliefs for optimal investor behavior, but I haven't come across an attempt to formally consider prior to this article. I've always characterized it mentally as not timing the market, but timing my returns. Two concerns I have are: 1) When t...
by hand
Tue Oct 03, 2017 5:09 pm
Forum: Personal Consumer Issues
Topic: Is it a waste of money having your furnace checked every year?
Replies: 58
Views: 6825

Re: Is it a waste of money having your furnace checked every year?

Wish someone would make AC-powered battery-backup smoke/fire and CO detectors that would talk to each other wirelessly, so it would be easy to extend the protection of such a wireless smoke/fire/CO network into each occupied bedroom. But as the alarms are loud, maybe a wireless network feature is o...
by hand
Mon Oct 02, 2017 8:08 am
Forum: Personal Finance (Not Investing)
Topic: For buying house: how do you know which schools are "good"?
Replies: 56
Views: 4454

Re: For buying house: how do you know which schools are "good"?

Specifically, we are looking to have two kids in the next few years, and our priority re where to buy a house will be: 1. Area that feeds into a "good" school for our kids and 2. Proximity to places of employment This is a difficult question because: 1) the definition of "good schools" varies based...