Search found 106 matches

by rralex1
Wed Apr 12, 2017 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Extreme Frugality vs Living Life - Where do you draw the line?
Replies: 77
Views: 9932

Re: Extreme Frugality vs Living Life - Where do you draw the line?

This thread might be renamed "How do you define happiness?" It is so different for so many. My parents, who were happy, after hard work and extreme frugality, did not begin traveling and enjoying their savings and hard work until their 80's and 90's. Yes, no kidding. Their happiness includ...
by rralex1
Wed Apr 12, 2017 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Severance
Replies: 16
Views: 1979

Re: Severance

You have asked for comments but not asked any specific questions..unless I missed something. As I write this, a fortune 50 company that I know intimately..is going through the same "transformation". Depending on your position you may have little to no leverage. If the company policy is to ...
by rralex1
Sun Apr 09, 2017 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing to put less than 20% down...why is this wrong?
Replies: 51
Views: 5518

Re: Choosing to put less than 20% down...why is this wrong?

Less than 20% means you're paying PMI. When you're paying PMI, that is money going out the door in lieu of being used to a financial advantage. Think of the many things a monthly PMI payment could be used for if there was no PMI payment (regular contribution to taxable account, retirement account, ...
by rralex1
Thu Apr 06, 2017 7:57 pm
Forum: Personal Consumer Issues
Topic: Misguided by Pension Department- ?Legal Need?
Replies: 32
Views: 3397

Re: Misguided by Pension Department- ?Legal Need?

Receiving the package might provide sufficient answers for you.

If that ends up not being the case, you might benefit by getting counsel from an attorney that specializes in ERISA matters. That would provide you with some additional clarity regarding any unanswered questions.

Wishing you well.
by rralex1
Thu Apr 06, 2017 6:32 pm
Forum: Personal Consumer Issues
Topic: How to Sell Gold Watch from Last Kaiser of Germany?
Replies: 11
Views: 1794

Re: How to Sell Gold Watch from Last Kaiser of Germany?

[quote="msk"Never sold much in my entire life, so rather ignorant in these matters. Advice on either watch welcome.[/quote] It sounds like you have some wonderful and very special pieces. I'd recommend that you spend some time at m . My experience has been that it is one of the best sites ...
by rralex1
Wed Apr 05, 2017 7:28 pm
Forum: Personal Consumer Issues
Topic: Buying expensive car, how to keep payments low?
Replies: 149
Views: 10635

Re: Buying expensive car, how to keep payments low?

This thread title is like chum to sharks on BH.. Less than 12 hours and 74 responses.. Miriam Webster's Definition of "expensive" 1: involving high cost or sacrifice, an expensive hobby 2a : commanding a high price and especially one that is not based on intrinsic worth or is beyond a pros...
by rralex1
Tue Apr 04, 2017 8:31 pm
Forum: Personal Consumer Issues
Topic: Lending a scooter to a friend for 3 months
Replies: 19
Views: 1976

Re: Lending a scooter to a friend for 3 months

Thank you all. Since I do not have insurance for the scooter anymore, I will just sell it to her and buy it back when she is done with it. I did not have insurance because I am planning to sell it. I wanted to avoid transfer of ownership because she only needs it for 3 months. There are just too ma...
by rralex1
Tue Apr 04, 2017 4:55 pm
Forum: Personal Consumer Issues
Topic: Cost of Booze on a Cruise
Replies: 68
Views: 7845

Re: Cost of Booze on a Cruise

OP, In answer to your question. We cannot specifically respond to HAL. For what it's worth, our cruise this time- RC-will be for a couple of weeks in the Med, multiple countries. The booze package doesn't make sense for us. We simply did the math and it translated to nope, we'll just buy a la carte....
by rralex1
Mon Apr 03, 2017 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Verbal abuser at work
Replies: 37
Views: 3263

Re: Verbal abuser at work

I'd suggest your friend set up their smart phone ready to record. At any hint of a problem, start recording. At home, upload the recording onto a thumb drive to document each event. This can be later used with their lawyer or the labor department. Danger Will Robinson.. Surreptitiously recording a ...
by rralex1
Sun Apr 02, 2017 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Will vs Living Trust
Replies: 59
Views: 5881

Re: Will vs Living Trust

Our parents spent several years educating our family about their wishes, and they put together a revocable trust about 10 years before they passed. Life reared it's head and both parents passed with unexpected complications including diminishing capacity issues, as well as other things that were not...
by rralex1
Sat Apr 01, 2017 6:30 pm
Forum: Personal Consumer Issues
Topic: Buying Sunglasses
Replies: 44
Views: 5797

Re: Buying Sunglasses

Yes, there are solid on line sources for quality sunglasses. Since the motivation for your thread is based on your cataract surgery I echo the recommendations to ask your ophthalmologist as a start. But, with that said, having vision issues and living in TX and now Charleston, sunglasses have been n...
by rralex1
Fri Mar 31, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: When do you plan to die?
Replies: 164
Views: 13610

Re: Planning to Die

You have to plan with something and I just don't see the point of planning with 100 or anything close. In the long-run we are all dead. I picked 80 for both spouse and I - I don't think either of us will get to that age. I once felt the same but I am VERY glad that I planned to live longer. Best wi...
by rralex1
Thu Mar 30, 2017 7:49 pm
Forum: Personal Consumer Issues
Topic: thoughts on in-ceiling speakers?
Replies: 48
Views: 4792

Re: thoughts on in-ceiling speakers?

Hi go blue, you're in a great position to design ahead of time. Yes, if you are on AVS and you ask this question you will get much better advice over all than on bogleheads. No dig on BH obviously but I wouldn't go to AVS for financial advice either. AVS as well as other sites helped me design two d...
by rralex1
Thu Mar 30, 2017 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank - access issues, normal?
Replies: 13
Views: 1230

Re: Ally Bank - access issues, normal?

I also recently made a 1% account with them and was startled to find the website down the other evening. I can't remember the exact timeframe (midnight eastern maybe?), but apparently they have a ~1 hour maintenance time every night at which point the online access is down. If this were my daily ch...
by rralex1
Thu Mar 30, 2017 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank - access issues, normal?
Replies: 13
Views: 1230

Ally Bank - access issues, normal?

I decided to try Ally Bank and set up an initial savings account last week. I set it up initially with only $1,000 as an initial deposit so that I could assess the user experience etc, you get it. Today I went on line to access the account and was unsuccessful. I will spare you too many details but ...
by rralex1
Mon Mar 27, 2017 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Red light camera Fort Worth
Replies: 50
Views: 4138

Re: Red light camera Fort Worth

In all of it's simplicity one option is to ask yourself regardless of time etc etc....is what's the right thing to do? Did she run the red light while driving the car in your name? If yes it's a penalty that is due. Just is. Pay it or ask her to pay it. Translation...pay it. If you believe that she ...
by rralex1
Mon Mar 27, 2017 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: An Edward Jones Financial Advisor stopped by my house and spoke with my wife
Replies: 111
Views: 13582

Re: An Edward Jones Financial Advisor stopped by my house and spoke with my wife

I didn't realize EJ does door to door solicitation... In both cases, the sales reps that visited me had just lost their previous jobs and were doing the EJ thing to put food on the table. They had absolutely no financial advising experience whatsoever. Nor did two who have come by this year. After ...
by rralex1
Mon Mar 27, 2017 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: An Edward Jones Financial Advisor stopped by my house and spoke with my wife
Replies: 111
Views: 13582

Re: An Edward Jones Financial Advisor stopped by my house and spoke with my wife

FiveK wrote:Why do you feel a need to communicate with him at all?


^ Yes, this?
by rralex1
Mon Mar 27, 2017 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Weathering sell-off days like today
Replies: 107
Views: 7753

Re: Weathering sell-off days like today

I only started investing a little less than 1 month ago. It was exciting watching my investment - $5500 Roth IRA for 2016 in VTSMX (total stock market fund) - go up rapidly. Within a few weeks it was well past $5600, and I thought I was a genius for doing my research, and I seemingly every other da...
by rralex1
Sun Mar 26, 2017 6:46 pm
Forum: Personal Consumer Issues
Topic: Does living at the beach reduce it's appeal?
Replies: 43
Views: 6966

Re: Does living at the beach reduce it's appeal?

For us, no, it does not. It remains one of those thing that we talk about and say "do you believe that we actually live here?" Perhaps our regular pausing to appreciate that we are grateful, helps us appreciate where we are as well as other things. That, and particularly realizing and appr...
by rralex1
Sun Mar 26, 2017 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Girlfriend
Replies: 86
Views: 8651

Re: Massive Student Loan Debt - Girlfriend

I've been dating a wonderful speech-language pathologist for about 8 months. I recently learned that she took out a massive amount of student loan debt (175k+) to pay for her graduate program. Her salary in a public school system is around 55k per year. I was a bit shocked to learn how much she too...
by rralex1
Sun Mar 26, 2017 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Texas Teachers Retirement too good to be true?
Replies: 39
Views: 5780

Re: Texas Teachers Retirement too good to be true?

I am a little confused but interested in this thread. Participants in the TRS retirement program have access to the TRS website and they are provided quarterly statements. A family member belongs accordingly. The TRS website provides data associated with the member, their age, tenure, and beneficiar...
by rralex1
Sat Mar 25, 2017 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: So someone drained $13k from my checking account...
Replies: 144
Views: 23562

Re: So someone drained $13k from my checking account...

It was suggested that the solution to the problem of the cyber crime perpetrated on the OP was as simple as to "never use a debit card - Period." This is not correct. My suggestion to not use a debit card was in response to a post by Miakis, not the OP, in which Miakis wrote the following...
by rralex1
Sat Mar 25, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: So someone drained $13k from my checking account...
Replies: 144
Views: 23562

Re: So someone drained $13k from my checking account...

To suggest that never using debit cards as a solution however, is absolutely ludicrous. What is ludicrous about not using debit cards? I've never used one in my life. My credit cards give me rebates. Why would I want to use a debit card that pays no rebates, has lesser consumer protection, and puts...
by rralex1
Fri Mar 24, 2017 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: So someone drained $13k from my checking account...
Replies: 144
Views: 23562

Re: So someone drained $13k from my checking account...

The great thing about social media is that everyone has a voice.. As someone who has been in the physical and cyber security space for 25 years there is no free lunch nor impenetrable target. I appreciate the balanced emotionally intelligent suggestions that have been provided. To suggest that never...
by rralex1
Fri Mar 24, 2017 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Need help picking term life policy (updated 04/10)
Replies: 33
Views: 2383

Re: Need help picking term life policy (updated)

OP, congratulations for thinking long term as well as your current financial position. Term life insurance is an increasingly commoditized product. I would encourage you to compare offerings in terms of cost, and particulary include Zander insurance. Term insurance is not, nor should it be a highly ...
by rralex1
Thu Mar 23, 2017 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 27698

Re: Capital One 360 $200 bonus

I have decided that managing short term gains doesn't work for me. It may be because as I focus on a 20 to 30 year strategy I do not have or choose not to have enough time to keep all the balls in the air. I appreciate those who win with this strategy, and I know that I am in the minority on this th...
by rralex1
Thu Mar 23, 2017 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Divesting to heirs. When and how quickly.
Replies: 45
Views: 5040

Re: Divesting to heirs. When and how quickly.

When a trust or a will is involved with heirs listed, my recommendation is to make sure that the early gifts/distributions are either in line with the % distributions, or make sure that changes or addenda are added to explain the changes. I have considerable experience where early gifts were made th...
by rralex1
Thu Mar 23, 2017 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 102
Views: 7599

Re: Vehicles as a percentage of net worth

I go one step farther in analyzing the cost with a spreadsheet to calculate the cost/mile. When we have a trip we will drive a lot of miles on I can occasionally get a great deal on a rental and the cost/mile to rent is less than driving my own car. I have done the same on long distance vacations/t...
by rralex1
Thu Mar 23, 2017 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 102
Views: 7599

Re: Vehicles as a percentage of net worth

We have three vehicles. Their total is 2.3% of our net worth. We bought them with cash and include them in net worth, because they are a part of that, but fully realize they are depreciating assets. I just want them to last a long time.
by rralex1
Mon Mar 20, 2017 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Divesting to heirs. When and how quickly.
Replies: 45
Views: 5040

Re: Divesting to heirs. When and how quickly.

Pretzel lover wrote:Taylor: thank you for sharing your letter. It was very uplifting.


+1 Legacies are left in many ways.
by rralex1
Mon Mar 20, 2017 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: My son wants to move to Hong Kong
Replies: 35
Views: 5361

Re: My son wants to move to Hong Kong

So, I need some legal advice Will they need to get married before he leaves for Hong Kong? Based on your comments they are not married, so depending on what he declares as a purpose for the trip, no. Will he need a visa? If so, what type? Same answer as above. Does he need any additional sponsorshi...
by rralex1
Mon Mar 20, 2017 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended emergency fund for middle class households: $13,800
Replies: 64
Views: 7789

Re: Recommended emergency fund for middle class households: $13,800

Cash is 18 months of current expenses. It is a buffer that includes our EF of 6 months and an amount that rounds out our asset allocation strategy.
by rralex1
Mon Mar 20, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Any downside in buying a brand new house ?
Replies: 71
Views: 6029

Re: Any downside in buying a brand new house ?

I have bought several new homes over the years and have had good luck. The surprises: window coverings, landscaping and other such items add up! Especially landscaping. The upgrades cost a ton if you let them. It seems so easy to spend another $1,500, then another $1,200, etc.... It adds UP. It's e...
by rralex1
Sun Mar 19, 2017 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Career Dilemma - Seeking Input
Replies: 7
Views: 1175

Re: Career Dilemma - Seeking Input

Based on what you've written a congrats is in order first. Your financial house, based on the ages of you and your DW appears to be very much in order. With that said, it might be beneficial to understand what you do for a living, and to what degree your DW is vested in change. Based on experience I...
by rralex1
Sat Mar 18, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Just laid off - what to do
Replies: 76
Views: 12982

Re: Just laid off - what to do

I personally would take up the offer in the other department - you never know, in 6 months - conditions could improve and/or they like your performance that they may not lay you off. But, during the next months, I would also be seriously looking for employment elsewhere. Agreed. Also, it's much eas...
by rralex1
Sat Mar 18, 2017 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Purchase and Sale of home: pearls of advice
Replies: 29
Views: 2936

Re: Purchase and Sale of home: pearls of advice

I am not a realtor but have purchased several homes in several states. 1. You make money when you buy a house, not when you sell it. 2. If you rely on an open house to sell your home, the ship has sailed. 3. Commission rates are negotiable, within reason, regardless of what you hear. 4. That saying,...
by rralex1
Sat Mar 18, 2017 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 61
Views: 7335

Re: Endless Job Interviews (with same company)

I have been through 4 rounds of interviews with the same potential employer and now they want to set up another interview ( with the same people ). This tells me that either: a) they are indecisive, b) they have concerns about my qualifications, c) they are stringing me along as a backup until they...
by rralex1
Wed Mar 15, 2017 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Relocation to Milwaukee
Replies: 38
Views: 3476

Re: Relocation to Milwaukee

I can expect a 10% raise in base pay. Long term opportunities seem better at the new company and Milwaukee area (tech industry). Looking for some words of wisdom from Bogleheads to help make a decision. A relocation is a very big deal. There are so many factors to take into consideration that a 10%...
by rralex1
Mon Mar 13, 2017 7:58 pm
Forum: Personal Consumer Issues
Topic: Advice on relocation or staying put
Replies: 83
Views: 6729

Re: Advice on relocation or staying put

quantAndHold wrote:But if I were doing the same thing and had the same criteria, I would let the wife do a nationwide search, and take the best job that's offered in a pleasant place to live.


:sharebeer
by rralex1
Mon Mar 13, 2017 6:47 pm
Forum: Personal Consumer Issues
Topic: (Updated Again- Happy Ending) Issue With Contractor. What to do?
Replies: 56
Views: 6538

Re: Issue With Contractor. What to do?

All seemed great, but work began on the $1,700 project without a contract since I was squeezed in. He said it was a simple job that would take 6-8 hours. A contract is important for the contractor and the buyer. The buyer is the one typically most at risk however, without one. The contract although...
by rralex1
Mon Mar 13, 2017 5:44 pm
Forum: Personal Consumer Issues
Topic: Advice on relocation or staying put
Replies: 83
Views: 6729

Re: Advice on relocation or staying put

It is easy to find places that aren't as hot temp wise than Austin. It isn't as easy to find places as hot in terms of tech and IT opportunities (understatement). People from around the world are vying to get to Austin as the IT sector continues to grow. There are many, many reasons for that. None o...
by rralex1
Mon Mar 13, 2017 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank Replacement
Replies: 65
Views: 6394

Re: Ally Bank Replacement

rralex1 wrote:
rralex1 wrote:
pennstater2005 wrote:
Chip wrote:
Choy wrote:If I were you, I'd go with Fidelity. You already have several accounts there and Fidelity billpay/cash management is the best I've ever used:


What rate of interest is Fidelity paying you on your cash deposits?


Last I checked it was .07%


^ .07%...
by rralex1
Mon Mar 13, 2017 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank Replacement
Replies: 65
Views: 6394

Re: Ally Bank Replacement

rralex1 wrote:
pennstater2005 wrote:
Chip wrote:
Choy wrote:If I were you, I'd go with Fidelity. You already have several accounts there and Fidelity billpay/cash management is the best I've ever used:


What rate of interest is Fidelity paying you on your cash deposits?


Last I checked it was .07%


Edit: Deleted
by rralex1
Mon Mar 13, 2017 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank Replacement
Replies: 65
Views: 6394

Re: Ally Bank Replacement

pennstater2005 wrote:
Chip wrote:
Choy wrote:If I were you, I'd go with Fidelity. You already have several accounts there and Fidelity billpay/cash management is the best I've ever used:


What rate of interest is Fidelity paying you on your cash deposits?


Last I checked it was .07%


Edit: Deleted
by rralex1
Sun Mar 12, 2017 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Loan Off Advice
Replies: 4
Views: 710

Re: Pay Loan Off Advice

Welcome.

You are obviously focused on a future and driving towards it. Well done. My recommendation would be to pay it off. Few have that ability or choice. Then celebrate, and maintain a clear focus forward.
by rralex1
Sun Mar 12, 2017 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Forced role change, what would you do?
Replies: 38
Views: 3215

Re: Forced role change, what would you do?

I am close to, if not the highest paid engineer in the facility as I have been repeatedly told that I am bumping up against the compensation ceiling of my current role. Could this be a method of constructive dismissal so they could use my salary to hire two engineers straight out of college? Yes, i...
by rralex1
Fri Mar 10, 2017 8:19 pm
Forum: Personal Consumer Issues
Topic: Dispute with neighborhood association
Replies: 37
Views: 4968

Re: Dispute with neighborhood association

Our neighborhood association (actually they just maintain the roads, but I'll refer to them as a association) sent us a late payment notice a few weeks ago. They stated we didn't pay our annual bill and charged us the original amount + a 25% "late fee". While I don't dispute the original ...
by rralex1
Thu Mar 09, 2017 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you spend on food in a year?
Replies: 155
Views: 9425

Re: How much do you spend on food in a year?

I was initially amazed at the incredible differences in responses to the original post. I should not have been amazed. There are so many variables affecting the answer that unless the question is broken down more specifically, comparisons are interesting but largely irrelevant, but really, really, i...