Search found 6471 matches

by jeffyscott
Wed Jun 28, 2017 5:33 pm
Forum: Personal Consumer Issues
Topic: radon test kit
Replies: 15
Views: 1205

Re: radon test kit

Seems pretty dishonest behavior to me. Pullease! Show me mortality statistics for healthy people (non-smokers). I'd call it fraud. Your stat of being equivalent to chance of dying in a car accident is based only on the minimum action level of 4. At 10 which is very easily achieved and exceeded wher...
by jeffyscott
Sat Jun 24, 2017 6:16 am
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 4522

Re: What is your car's average cost ownership?

Makes more sense, 52 cents per mile seems reasonable. Looks like they have about 20 cents per mile for depreciation and 5 cents per mile for maintenance, very similar to my own figures. It calls the 47 cents per mile "value of reallocating the driver’s time and productivity" a conservative...
by jeffyscott
Fri Jun 23, 2017 2:39 pm
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 4522

Re: What is your car's average cost ownership?

I just thought the tires were included because the OP viewed them as part of the vehicle aquisition costs. Car was apparently purchased knowing it needed new tires right away.
by jeffyscott
Fri Jun 23, 2017 8:21 am
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 4522

Re: What is your car's average cost ownership?

I still think many people are leaving out the consumables and focusing only depreciation. Total Cost of Ownership should include everything related to the vehicle. They are providing the information that was requested, which was focused on depreciation costs. The OP presented "Total capitalize...
by jeffyscott
Thu Jun 22, 2017 9:21 am
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 4522

Re: What is your car's average cost ownership?

Lessons : - In think the "per mile" metric is the most meaningful. - Buying new isn't necessarily bad, a Honda Accord value doesn't crash like a luxury car - MPG matters for TCO! Lessons : - The initial purchase price of the vehicle doesn't matter as much as we like to imagine - Annual mi...
by jeffyscott
Wed Jun 21, 2017 4:53 pm
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 4522

Re: What is your car's average cost ownership?

For the average American, if you drive under 9,000 miles per year - it's more cost effective to use UBER. Definitely not as convenient, though. Also, I just jumped on their website to price my commute (13 miles each way) and was quoted a little over $2 a mile - 8 times my actual, all-inclusive cost...
by jeffyscott
Wed Jun 21, 2017 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Full comprehensive or liability only?
Replies: 30
Views: 2107

Re: Full comprehensive or liability only?

If you have liability coverage only, then your insurance company will represent you if there is a claim against you, as they would have to pay the claim. Maybe things are different in "no fault" states, but if I have a claim against the other driver's company and have collision coverage an...
by jeffyscott
Wed Jun 21, 2017 10:08 am
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 4522

Re: What is your car's average cost ownership?

From a WSJ article yesterday about the future of car ownership: "They will have a powerful incentive to do so. A study by Deloitte Consulting , for example, estimates that the cost of personal car ownership is on average 97 cents a mile today" https://www.wsj.com/articles/the-end-of-car-o...
by jeffyscott
Wed Jun 21, 2017 9:40 am
Forum: Personal Consumer Issues
Topic: radon test kit
Replies: 15
Views: 1205

Re: radon test kit

I read about the calibration issue before buying. Some promoted the Correntium unit as being cheaper overall with recalibration costs. But official recalibration is only required for professional use. Like you plan to do, I figured if I felt it was needed, I would check it myself. A short term test ...
by jeffyscott
Wed Jun 21, 2017 8:09 am
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 4522

Re: What is your car's average cost ownership?

I own four cars and track all costs except insurance (not sure why I don't bother but I don't). Two cars and I have been doing the same for over 30 years, like you I don't track of insurance. Also don't track gas or annual registration fee, but that's currently only $75 per year. Current vehicles a...
by jeffyscott
Tue Jun 20, 2017 3:01 pm
Forum: Personal Consumer Issues
Topic: radon test kit
Replies: 15
Views: 1205

Re: radon test kit

Short term tests are "accurate" in what they measure, unfortunately the levels vary a lot over time so a long term test or a meter is a far better way to measure it. We had a short term test at 2.2 in December and few months later, the following May, a short term test at 15.6. Here's anoth...
by jeffyscott
Tue Jun 20, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Bonus, in bitcoin
Replies: 21
Views: 1874

Re: Bonus, in bitcoin

If only there were something that anyone could exchange for anything they might want at any time they want... This is like people on craigslist who offer trades and I want to say: "here's an idea, find someone who wants to give you money for that thing and then you can give that money to me for...
by jeffyscott
Tue Jun 20, 2017 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Full comprehensive or liability only?
Replies: 30
Views: 2107

Re: Full comprehensive or liability only?

We just bought a used vehicle. It's a 2008, 32k miles, the body and inside are great but there are a few minor issues. We paid $5,000. We currently use State Farm but are looking to switch to Geico. Here are the quotes we got from State Farm: Full comprehensive - $291 every 6 months Liability - $16...
by jeffyscott
Tue Jun 20, 2017 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Full comprehensive or liability only?
Replies: 30
Views: 2107

Re: Full comprehensive or liability only?

No I read those words, but I am curious to know where the idea for the words "if you have an umbrella liability policy it may require you to have full coverage on all cars" comes from? Do you have some basis for stating that some insurance companies will require collision and comprehensive...
by jeffyscott
Tue Jun 20, 2017 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Full comprehensive or liability only?
Replies: 30
Views: 2107

Re: Full comprehensive or liability only?

My inclination would just be sure to have liability with one other caveat, if you have an umbrella liability policy it may require you to have full coverage on all cars, ask the agent. Why would an umbrella, which is liability coverage, require collision and comprehensive coverage? I have never hea...
by jeffyscott
Tue Jun 20, 2017 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Full comprehensive or liability only?
Replies: 30
Views: 2107

Re: Full comprehensive or liability only?

Typically I don't think older cars with limited market value need comprehensive coverage. One rule of thumb I've heard is you don't need full coverage if your annual premiums are greater then 10% of the market value of your car less the deductible. But in any case, that must be an insurance agent i...
by jeffyscott
Sat Jun 17, 2017 5:15 pm
Forum: Personal Consumer Issues
Topic: Air conditioner for narrow windows
Replies: 22
Views: 1151

Re: Air conditioner for narrow windows

But most of the readily available portable units have only one exhaust duct. FWIW, a search for "Dual Hose Portable Air Conditioner" seems to find some (though many that turn up are not actually dual hose, at least some are). At least one is just over $300 at Walmart after a "pickup ...
by jeffyscott
Sat Jun 17, 2017 3:33 pm
Forum: Personal Consumer Issues
Topic: Air conditioner for narrow windows
Replies: 22
Views: 1151

Re: Air conditioner for narrow windows

But most of the readily available portable units have only one exhaust duct. FWIW, a search for "Dual Hose Portable Air Conditioner" seems to find some (though many that turn up are not actually dual hose, at least some are). At least one is just over $300 at Walmart after a "pickup ...
by jeffyscott
Sun Jun 11, 2017 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Keep unneeded life insurance?
Replies: 14
Views: 1151

Re: Keep unneeded life insurance?

The comparison presumes you would actually qualify for the top rate once you underwent medical underwriting. If you really are considering switching to a new policy, go through underwriting before you cancel the group policy. The group plan sounds like it is a good deal for the typical person your ...
by jeffyscott
Sat Jun 10, 2017 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Keep unneeded life insurance?
Replies: 14
Views: 1151

Re: Keep unneeded life insurance?

Why not do an estimate at term4sale.com? Came up similar to other quotes at a bit over $500 per year and up for $250K, with health level at preferred plus (which it appears I would qualify for). Premiums about double by going to average health and double again in going to smoker. The group plan pre...
by jeffyscott
Sat Jun 10, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Keep unneeded life insurance?
Replies: 14
Views: 1151

Re: Keep unneeded life insurance?

Yes, rates are confirmed. I have an official printed notice from employer that states gross amount of monthly pension and all deductions, including that for my current level of life insurance. This is exactly the same as my current share of premiums. The employee premium goes up for each 5 year age ...
by jeffyscott
Sat Jun 10, 2017 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Keep unneeded life insurance?
Replies: 14
Views: 1151

Re: Keep unneeded life insurance?

If you can buy cheaper insurance on the open market, why would you even consider paying more for the same coverage? Sounds like loss aversion... Not really, it is only because of the effective subsidy that I thought to maybe keep it. However, perhaps the real subsidy is non-smokers subsidizing smok...
by jeffyscott
Sat Jun 10, 2017 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Keep unneeded life insurance?
Replies: 14
Views: 1151

Re: Keep unneeded life insurance?

2. The insurance is being subsidized by an employer. In this case, accounting for the subsidy would show an expected insurance company profit margin. Obviously, in this case it is likely a good idea to take the subsidy. Yes, it is effectively subsidized in this way: As an active employee, I pay abo...
by jeffyscott
Sat Jun 10, 2017 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Keep unneeded life insurance?
Replies: 14
Views: 1151

Keep unneeded life insurance?

In retirement I can keep my employer provided life insurance. I have no need for the insurance, but my cost seems low enough that the insurance appears to have a positive expected value. Paying the premiums would not be a burden, we have income and wealth in excess of our needs/wants. My spouse or c...
by jeffyscott
Thu Jun 08, 2017 8:51 am
Forum: Personal Consumer Issues
Topic: Opticians: is there any difference in quality of Costco glasses?
Replies: 37
Views: 5694

Re: Opticians: is there any difference in quality of Costco glasses?

Yes it was. Given the rapid changes in lens markets, I have no idea if the best quality lens materials are percolating into the lower cost providers. Let's hope so. It's not really about the "materials" it is the lens design. The best quality, in terms of optics, would be crown glass or C...
by jeffyscott
Sat May 20, 2017 7:39 am
Forum: Personal Consumer Issues
Topic: Opticians: is there any difference in quality of Costco glasses?
Replies: 37
Views: 5694

Re: Opticians: is there any difference in quality of Costco glasses?

...there was no Segment Height requested or on my prescription, same for my Costco lenses. I had my prescription done elsewhere but at Costco the person behind the counter had me put the frames on when I bought them and seemed to use a pen to mark something on them. Yes, that's how they measure the...
by jeffyscott
Fri May 19, 2017 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Learning how to spend
Replies: 27
Views: 2607

Re: Learning how to spend

It seems like sometimes people who don't see a need nor have a desire to spend a lot of money feel pressure from the culture to go "enjoy their money" else they cheat themselves of a good life. I don't think that is universally true. For many of us happiness is not proportional to spendin...
by jeffyscott
Fri May 19, 2017 1:21 pm
Forum: Personal Consumer Issues
Topic: Air circulation issues
Replies: 11
Views: 794

Re: Air circulation issues

Experimentation with leaving the doors slightly open plus having the HVAC fan run continuously in summer makes a significant difference. When you need a new HVAC system if you get one with a variable speed ECM blower, you can have the fan run continuously at low speed during all seasons. This suppo...
by jeffyscott
Fri May 19, 2017 1:09 pm
Forum: Personal Consumer Issues
Topic: Reasonable Cost / Estate Planning Ideas
Replies: 6
Views: 680

Re: Reasonable Cost / Estate Planning Ideas

I don't know if any other state does this but mine provided a form for a basic will with trust, based on this statute:

https://docs.legis.wisconsin.gov/statut ... /853/II/56
by jeffyscott
Fri May 19, 2017 12:59 pm
Forum: Personal Consumer Issues
Topic: Opticians: is there any difference in quality of Costco glasses?
Replies: 37
Views: 5694

Re: Opticians: is there any difference in quality of Costco glasses?

I think Costco's "HD", "digital", or whatever they are calling them, progressives are at least one notch down from the most customizable progressives. Based on the optician mentioning minimum fitting height of 18 mm, I think Costco has a fixed corridor, while top of the line free...
by jeffyscott
Thu May 18, 2017 5:21 pm
Forum: Personal Consumer Issues
Topic: Homeowner's Insurance & New Roofs
Replies: 44
Views: 3369

Re: Homeowner's Insurance & New Roofs

I don't know, but as you note it is kind of silly to not make a claim because the cost of your insurance may go up. The way to avoid claims is by having a high deductible. My insurance company allows up to $25,000 deductible.
by jeffyscott
Thu May 18, 2017 4:55 pm
Forum: Personal Consumer Issues
Topic: Homeowner's Insurance & New Roofs
Replies: 44
Views: 3369

Re: Homeowner's Insurance & New Roofs

When we had hail damage we were told by insurance agent that this is considered "an act of God" and a claim does not affect individual rates. Also the claim has already been made, it is just a question whether it is denied or not at this point. A denied claim is still a claim and can affec...
by jeffyscott
Thu May 18, 2017 11:07 am
Forum: Personal Consumer Issues
Topic: Home cordless phone recommendation, which takes AA or AAA batteries
Replies: 30
Views: 1433

Re: Home cordless phone recommendation, which takes AA or AAA batteries

The really cool kids don't even have landline phones these days. If you need to walk around while you're talking on the phone, you could get one of those newfangled cellular telephones with an unlimited service plan. You can play games on it, too. :beer Been carrying one for 22 years, and use it fr...
by jeffyscott
Thu May 18, 2017 10:58 am
Forum: Personal Consumer Issues
Topic: Homeowner's Insurance & New Roofs
Replies: 44
Views: 3369

Re: Homeowner's Insurance & New Roofs

A string of unusually costly years for roof damage claims in Oklahoma, Kentucky, Tennessee and elsewhere has prompted some insurers to dial back the roof coverage portion of their home insurance policies, especially on older roofs. One popular trend is to offer “actual cash value,” or ACV, coverage...
by jeffyscott
Wed May 17, 2017 3:47 pm
Forum: Personal Consumer Issues
Topic: Homeowner's Insurance & New Roofs
Replies: 44
Views: 3369

Re: Homeowner's Insurance & New Roofs

It seems like this is a giant loophole in the insurance process. A roof that is deteriorating because of age but then storms hit to make it worse...should a NEW roof be fully covered? Should an insurance company sell replacement value coverage and then not pay full replacement cost of something bec...
by jeffyscott
Wed May 17, 2017 3:35 pm
Forum: Personal Consumer Issues
Topic: Home cordless phone recommendation, which takes AA or AAA batteries
Replies: 30
Views: 1433

Re: Home cordless phone recommendation, which takes AA or AAA batteries

FWIW, my replacement batteries were cheap off-brand ones from Menards (Northern Tech) and all the handsets sit on chargers all the time. So it seems my Panasonic model does not care much about those things, since have only had one set of new batteries in 10 years.
by jeffyscott
Wed May 17, 2017 1:37 pm
Forum: Personal Consumer Issues
Topic: Home cordless phone recommendation, which takes AA or AAA batteries
Replies: 30
Views: 1433

Re: Home cordless phone recommendation, which takes AA or AAA batteries

Another Panasonic, we have had one with three handsets for 10 years and I have replaced the batteries just once. I used regular NIMH rechargeable ones without a problem. Our handsets are model KX-TGA101S, probably not current.
by jeffyscott
Wed May 17, 2017 1:19 pm
Forum: Personal Consumer Issues
Topic: Solid salt in water softener
Replies: 14
Views: 1514

Re: Solid salt in water softener

How should I fix this? Should I try to do it myself (with a heavier, sharper tool), have a plumber fix it, or have the water softener installer do this (the most expensive solution, I suspect). I think you may backwards on the cost of plumber vs. the softener company. My son is a technician for sof...
by jeffyscott
Tue May 16, 2017 4:04 pm
Forum: Personal Consumer Issues
Topic: Homeowner's Insurance & New Roofs
Replies: 44
Views: 3369

Re: Homeowner's Insurance & New Roofs

That was about the age of our subdivision when our hail incident happened also. On one side we border a section that is about 15 years older. Neighbor on that side had put on a new roof maybe about 2 years before the hail event, he got another new roof after the hail. I think our hail was about 1-1....
by jeffyscott
Mon May 15, 2017 4:32 pm
Forum: Personal Consumer Issues
Topic: Homeowner's Insurance & New Roofs
Replies: 44
Views: 3369

Re: Homeowner's Insurance & New Roofs

A couple of months ago, there was a hailstorm here in my neighborhood in Texas, west of Houston. The roofing companies were out like locusts, ringing doorbells and trying to sell us new roofs, but we did what we thought was the honorable thing and called our insurer, USAA. They sent an adjuster and...
by jeffyscott
Thu May 11, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: What to do with older laptop?
Replies: 32
Views: 3391

Re: What to do with older laptop?

I would install Linux and possibly add 1 GB to it. You will end up with a nice secure laptop to use to log into all your financial account websites. Take a look at Linux Mint with Xfce. It is lightweight desktop environment. I tried Mint Xfce last night. I didn't know it came with that DE. Very nic...
by jeffyscott
Wed May 10, 2017 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Long Term [Care] Rates just went Through the roof!
Replies: 34
Views: 4845

Re: Long Term [Care] Rates just went Through the roof!

A relative chose to go the self insured route. He is now in an assisted living facility. If current expenses remain the same he has enough funds to last 26 years if he left his investments in cash. If he lived that long he would be the oldest person on the planet. Obviously his expenses will go up ...
by jeffyscott
Tue May 09, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Defined Benefit Pension Analysis
Replies: 18
Views: 2382

Re: Defined Benefit Pension Analysis

Interestingly, the 100% J&S quotes range from 7-9% lower than the SLA quotes. This could be because the pension is the same whether the worker is male or female. So if the pensioner is a man and the spouse is a woman, I would think there would but a slight advantage to taking survivor benefits,...
by jeffyscott
Tue May 09, 2017 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Long Term [Care] Rates just went Through the roof!
Replies: 34
Views: 4845

Re: Long Term Rates just with Through the roof!

This is one of the reasons why I never bought LTC insurance. The idea behind insurance is to pay the insurance company to take the risk for you. What they are doing is pushing the cost of that risk right back to you. It's becoming prepaid long-term care, rather than insurance. The only way I'd ever...
by jeffyscott
Tue May 09, 2017 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Will or Trust?
Replies: 13
Views: 1383

Re: Will or Trust?

My understanding is accounts that have beneficiaries named will pass to them, a will does not affect this and is not subject to probate. I recently discovered that this same arrangement can be done with real estate, to have the deed transfer on death. So in our case, I now even question the need for...
by jeffyscott
Tue May 09, 2017 9:32 am
Forum: Personal Consumer Issues
Topic: What newspaper or magazine do you pay for?
Replies: 107
Views: 4713

Re: What newspaper or magazine do you pay for?

None. Read a lot of news but what's available for free is sufficient. I prefer reading (both news and books) on my tablet as I can make everything large print. When my AA miles are about to expire, I use them to order a bunch of random magazines... You do know you could order just one and that would...
by jeffyscott
Mon May 08, 2017 9:22 am
Forum: Personal Consumer Issues
Topic: United Mileage Plus CC - worth it?
Replies: 25
Views: 1793

Re: United Mileage Plus CC - worth it?

I'm not sure if you can convert from the fee version to the no-fee version; I've heard people do that with other cards. You can, after 1 year. We have done United card for the bonus a total of 3 times, when fee was waived for first year. It's not worth keeping for us. The second time my wife got th...
by jeffyscott
Sun May 07, 2017 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance - When do you drop collision insurance?
Replies: 7
Views: 1026

Re: Auto Insurance - When do you drop collision insurance?

Since you are in NYC, I would keep the comprehensive piece and cancel the collision, especially since comp is usually pretty cheap ($20-30 a year as you said). Unless I misunderstood, OP was paying $30 per month for comp. and is paying $30 per month for collision. I figured the high comp. was a NYC...
by jeffyscott
Sun May 07, 2017 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance - When do you drop collision insurance?
Replies: 7
Views: 1026

Re: Auto Insurance - When do you drop collision insurance?

I've usually dropped when value of the car is under about $5000. Have used $1000 deductible for a very long time. It seems to me they should offer a higher deductible by now, but whenever I have asked $1000 was the highest available. I went a bit longer than I otherwise would have with our most rece...

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