Search found 1269 matches

by wilked
Thu Apr 19, 2018 3:09 pm
Forum: Personal Consumer Issues
Topic: Car value: old car with low mileage
Replies: 22
Views: 1285

Re: Car value: old car with low mileage

Similar to the above... one strategy is this: Pick a number that you would be really happy to sell it for. I'm going to take a swag and say that is $4000. Take good photos of it, put it up on Craigslist in a city you don't live. Pick an analogous city (if you live in SF you might pick LA, if you liv...
by wilked
Tue Apr 17, 2018 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Account for Adult Children Allowing Parent Some Control
Replies: 31
Views: 3089

Re: Account for Adult Children Allowing Parent Some Control

Phineas J. Whoopee wrote:
Mon Apr 16, 2018 4:35 pm
What's the difference between adult without scare quotes, and "adult" with them?
PJW
I think it goes

“Adult”
Then you become
‘Adult’
Next
Adult

And then finally Adult around 50 years old
by wilked
Sat Apr 14, 2018 6:17 am
Forum: Investing - Theory, News & General
Topic: Social Security survivor benefit
Replies: 11
Views: 729

Re: Social Security survivor benefit

They would just need to be married for 9 months, and then she would get full survivor benefits
by wilked
Tue Apr 10, 2018 5:23 am
Forum: Personal Finance (Not Investing)
Topic: Cash flow problems - best way to handle?
Replies: 134
Views: 7827

Re: Cash flow problems - best way to handle?

Anyone that is suggesting loans here is missing the forest for the trees. This is not a short term cash flow issue but a fundamental cash flow issue. There is a reason that lenders will not lend to you if Requires half of your take home pay going to housing. They have teams of statistical data sayin...
by wilked
Mon Apr 09, 2018 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Cash flow problems - best way to handle?
Replies: 134
Views: 7827

Re: Cash flow problems - best way to handle?

You can't afford your budget with your take home. It's that simple. As others have said, issue #1 is the house. You can't afford it. If you were applying for a loan today you would get denied due to lack of income. I read the above and feel for you - you are in a tough spot. That doesn't mean you ha...
by wilked
Mon Apr 09, 2018 11:35 am
Forum: Personal Consumer Issues
Topic: Cruise or other vaca ideas for Dad w/13yr old twin boys?
Replies: 36
Views: 2276

Re: Cruise or other vaca ideas for Dad w/13yr old twin boys?

Head to NH/Maine, get outdoors. Plan a week and hit these things: 1. At least half the time outdoors in tents. But mixing it up with indoor not bad either 2. White Water rafting on the Penobscot. 3. Two decent hikes. Presidentials is an idea, Mt Willard's a nice one, lots of options. Appalachia or A...
by wilked
Fri Apr 06, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: VW Atlas
Replies: 46
Views: 3073

Re: VW Atlas

Considered it but like the MDX much better What do you like about the MDX better? The MDX seems a lot smaller. My wife had an Integra when she was in her 20s and it remains her favorite car ever and she has a major Acura bias. That is the primary reason But as to Pilot vs MDX, MDX is a bit smaller ...
by wilked
Fri Apr 06, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: House down payment - Smart for anything between 3.5% and 20%?
Replies: 23
Views: 1637

Re: House down payment - Smart for anything between 3.5% and 20%?

20%

If you don’t have it, but less house or save more
by wilked
Fri Apr 06, 2018 8:27 am
Forum: Personal Consumer Issues
Topic: VW Atlas
Replies: 46
Views: 3073

Re: VW Atlas

Considered it but like the MDX much better
by wilked
Tue Apr 03, 2018 8:52 am
Forum: Investing - Theory, News & General
Topic: Random Walk on Sale
Replies: 14
Views: 1892

Re: Random Walk on Sale

Great book
by wilked
Mon Apr 02, 2018 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford this house?
Replies: 44
Views: 3005

Re: Can we afford this house?

I think OP assumed they need a bigger apt w baby. I don’t think that’s the case. Most people I know, the baby is sleeping in parents room for first 4-6 months (ie Jan-Mar 2019). Stick w smaller apt, save aggressively, get that 20% nut and shop in 12 months.
by wilked
Sun Apr 01, 2018 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford this house?
Replies: 44
Views: 3005

Re: Can we afford this house?

Keep saving, buy a home next spring

Baby will be just starting to crawl around then, which will be good timing
by wilked
Sat Mar 31, 2018 3:45 pm
Forum: Personal Consumer Issues
Topic: Tired of gas grills rusting out...
Replies: 54
Views: 4057

Re: Tired of gas grills rusting out...

I highly suggest looking used first

Get something like this around the $100 price point

https://providence.craigslist.org/hsh/d ... 67209.html
by wilked
Fri Mar 30, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: HOA Sprinkler Burst: $25,000 fix
Replies: 29
Views: 2626

Re: HOA Sprinkler Burst: $25,000 fix

Lots of what I believe is bad advice being offered here. Credentials don't mean everything, but I am a ChemE and work in Manufacturing - in other words this stuff is my job day in and day out First, don't use antifreeze. As others (correctly) noted it is a temporary solution (if there is a discharge...
by wilked
Wed Mar 28, 2018 11:22 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 17
Views: 1235

Re: Invest in Tesla?

BradJ wrote:
Wed Mar 28, 2018 10:14 am
Is it a good time to buy Tesla?
Depends, what is the car it is replacing? How many miles is your daily commute?
by wilked
Tue Mar 27, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: Knob and Tube rewire cost
Replies: 28
Views: 2690

Re: Knob and Tube rewire cost

If you want any other electric changes, now is the time... Things to consider - 1) New light switches, new dimmers, or moving light switches 2) Upgrade lights (recessed?), add a light, etc 3) New outlets, or upgrade 'two-prongers' to three 4) Demo out / remove unwanted outlets / outlets in weird loc...
by wilked
Mon Mar 26, 2018 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: House Purchase - Sanity Check On Financials
Replies: 53
Views: 4252

Re: House Purchase - Sanity Check On Financials

I am a little surprised with the majority saying this can't be afforded. It certainly is pushing it, but OP is still talking about a mortgage that would be ~2.5x his gross income. I realize many here like that number to be closer to 2.0x income, but this isn't that crazy, is it? It's not the mortga...
by wilked
Sun Mar 25, 2018 9:58 pm
Forum: Personal Consumer Issues
Topic: New car?
Replies: 46
Views: 3231

Re: New car?

So here's the gist... My wife currently drives a 2004 Honda CRV. It's in good condition without major engine issues. It does however have AC issues and other "problems" for a vehicle that is 14 years old. I am handy and fix things myself but I just haven't gotten around to fixing the AC issue. It's...
by wilked
Sun Mar 25, 2018 7:56 pm
Forum: Personal Consumer Issues
Topic: Next season's ski pass - buy now or wait? (Ski Resorts in New England)
Replies: 10
Views: 838

Re: Next season's ski pass - buy now or wait? (Ski Resorts in New England)

My kids are 10 and 7. We started with Wachusett just to try out and started with daily lift ticket and rentals etc. However, it soon got very expensive. Both of them are still learning - hence the need for a regular seasonal lessons etc. and maybe stick to one mountain until they get better. Couple...
by wilked
Sun Mar 25, 2018 4:31 pm
Forum: Personal Consumer Issues
Topic: Next season's ski pass - buy now or wait? (Ski Resorts in New England)
Replies: 10
Views: 838

Re: Next season's ski pass - buy now or wait? (Ski Resorts in New England)

I live 8 miles north of Boston and have two young skiers (6 and 3) I prefer NH over Wachusetts. If I lived closer I might fee different but I’d rather drive 2 hrs to NH than 1 hr to W. Our go to mountains are Crotched, Sunapee, and Waterville. I have heard good things about Ragged too I think you ca...
by wilked
Sat Mar 24, 2018 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Talk some sense/cents into me- new car purchase
Replies: 44
Views: 3016

Re: Talk some sense/cents into me- new car purchase

jehovasfitness wrote:
Fri Mar 23, 2018 6:18 pm
I should add that dogs are my life and rescuing them is like having kids but I want no kids.... I try and factor in their cost as a cost of what brings me joy
In that case I would say get 3 more and a new car as well
by wilked
Fri Mar 23, 2018 7:13 pm
Forum: Personal Consumer Issues
Topic: How much do people budget for annual car maintenance?
Replies: 39
Views: 2192

Re: How much do people budget for annual car maintenance?

Ok, so just for fun I went back and crunched my numbers to get my actual total spending on car maintenance for each year going back to 2010, these numbers are annual totals: 2010: $144 2011: $716 2012: $368 2013: $4,163 2014: $1,168 2015: $4,148 2016: $73 2017: $244 8 year average: $1,378. I had se...
by wilked
Fri Mar 23, 2018 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Why can you "spend more" if you buy SPIA?
Replies: 12
Views: 1092

Re: Why can you "spend more" if you buy SPIA?

The above example I gave works for 10,20,50,100%

Basically you sacrifice “inheritance” for both guaranteed income and security. Of course it’s not a free lunch, you pay a premium for it, but SPIAs are competitive and if you shop them are generally fairly priced.
by wilked
Fri Mar 23, 2018 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Why can you "spend more" if you buy SPIA?
Replies: 12
Views: 1092

Re: Why can you "spend more" if you buy SPIA?

Let’s say you’re 60. Let’s say your life expectancy is 80 at this stage, so on average you’ll live 20 more years. You have $1.5 million in cash, and you buy an annuity that pays $100k/yr for the full $1.5MM (made up numbers but good enough for the point). You now have nothing in the bank but each mo...
by wilked
Fri Mar 23, 2018 12:54 pm
Forum: Personal Consumer Issues
Topic: How much do people budget for annual car maintenance?
Replies: 39
Views: 2192

Re: How much do people budget for annual car maintenance?

After rethinking and reading this it looks like this is a better estimate:

$50/month for regular maintenance (preventive)
$40/month for unplanned maintenance (corrective)

$90/month as a good average
by wilked
Fri Mar 23, 2018 12:52 pm
Forum: Personal Consumer Issues
Topic: How much do people budget for annual car maintenance?
Replies: 39
Views: 2192

Re: How much do people budget for annual car maintenance?

I use Auto Care mobile app (free). It allows you to track your car expenses. You can input your gas expense and repair/maintenance costs. It shows your yearly expense per car. I only use the repair/maintenance log for the 4 cars we have (not the gas log). After tracking the last 4 years , here are ...
by wilked
Fri Mar 23, 2018 12:50 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 206
Views: 25870

Re: MoviePass-Too good to be true, but it's legit.

Price just dropped to $7.95 a month
by wilked
Thu Mar 22, 2018 6:14 pm
Forum: Personal Consumer Issues
Topic: How much do people budget for annual car maintenance?
Replies: 39
Views: 2192

Re: How much do people budget for annual car maintenance?

Looks like $50/month is a typical avg
by wilked
Thu Mar 22, 2018 2:58 pm
Forum: Personal Consumer Issues
Topic: How much do people budget for annual car maintenance?
Replies: 39
Views: 2192

How much do people budget for annual car maintenance?

Everyone' car is different... but for simplicity sake let's assume a 2010 Toyota Camry with 75,000 miles. No timing belt - timing chain, if you are wondering. Assume car has been well maintained to date with no known issues, and assume you are going to hire out all of the maintenance. How much would...
by wilked
Wed Mar 21, 2018 9:55 pm
Forum: Personal Consumer Issues
Topic: How can I get a passport?
Replies: 47
Views: 3732

Re: How can I get a passport?

Seems like there are services available, but not necessarily cheap
http://www.vocativ.com/news/241487/fake ... index.html
by wilked
Wed Mar 21, 2018 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Rent or Buy in Miami?
Replies: 20
Views: 1682

Re: Rent or Buy in Miami?

rent - no brainer
by wilked
Wed Mar 21, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: We made the right decision to not purchase a home now, right?
Replies: 47
Views: 3969

Re: We made the right decision to not purchase a home now, right?

Because of this, I feel a definite need to build up my retirement assets as quickly as possible. But maybe I'm worrying or looking into the future too much. If you wait wait until the perfect time to buy a house or have kids then it might not ever happen so you need to be careful about "analisis pa...
by wilked
Wed Mar 21, 2018 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Buy vs rent Boston area?
Replies: 38
Views: 4626

Re: Buy vs rent Boston area?

panchilly, as a Boston local, I am curious - what did you decide?
by wilked
Wed Mar 21, 2018 1:00 pm
Forum: Personal Consumer Issues
Topic: We made the right decision to not purchase a home now, right?
Replies: 47
Views: 3969

Re: We made the right decision to not purchase a home now, right?

When you have a child (or children) your wife is likely to stop working. No one likes to work for less than minimum wage (her wage - daycare). So you are asking if you should buy a $200K house on $65K of household gross salary, with low emergency fund and not yet married. It's an easy 'wait and see'...
by wilked
Mon Mar 19, 2018 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: How seriously do you take emergency fund advice?
Replies: 29
Views: 1799

Re: How seriously do you take emergency fund advice?

If you are single with no children.... pay the loan off and start putting $2k/month back toward e-fund. You'll be back at $40K within a year. One less thing to think about also
by wilked
Mon Mar 19, 2018 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Issue -- Monthly Payment too High with VA Loan
Replies: 19
Views: 674

Re: Real Estate Issue -- Monthly Payment too High with VA Loan

what is the IRR or Cap Rate on the investment house?
by wilked
Mon Mar 19, 2018 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Issue -- Monthly Payment too High with VA Loan
Replies: 19
Views: 674

Re: Real Estate Issue -- Monthly Payment too High with VA Loan

You may have overbought with your house and might look to sell it for something more reasonable. This is likely the root cause As others said though, it would be helpful for you to list what options you have considered and if they are possible: 1. Sell other house, apply proceeds to principal - is ...
by wilked
Mon Mar 12, 2018 3:42 pm
Forum: Personal Consumer Issues
Topic: Balsamic vinegar?
Replies: 31
Views: 3655

Re: Balsamic vinegar?

We've got both Kirkland and some good stuff in our pantry, the Kirkland isn't even close to it in terms of quality, consistency, and flavor. https://www.ocregister.com/2010/09/30/best-balsamic-vinegars-which-won-the-taste-test/ Kirkland Olive Oil and Balsamic have won several awards and they're usu...
by wilked
Mon Mar 12, 2018 2:42 pm
Forum: Personal Consumer Issues
Topic: Balsamic vinegar?
Replies: 31
Views: 3655

Re: Balsamic vinegar?

I find Costco Kirkland brand to be excellent. Their olive oil is also great. For the amount we use (every day), you can't go wrong with it. Sometimes the fancier ones are fun to try, but I don't find it to be worth it. We've got both Kirkland and some good stuff in our pantry, the Kirkland isn't ev...
by wilked
Sat Mar 10, 2018 2:03 pm
Forum: Personal Consumer Issues
Topic: Furniture Delivery Damage to Home & Furniture Recourse
Replies: 14
Views: 955

Re: Furniture Delivery Damage to Home & Furniture Recourse

I would like to ensure my sliding door is working correctly and I don't trust the delivery guys to fix that properly and that's all they offered. They offered to fix your door, and that didn't satisfy you? Not to be the bad person here, but you are coming across a little bit unreasonable This table...
by wilked
Sat Mar 10, 2018 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Life and Financial Goals Weekend Away - What Should My Wife and I Discuss?
Replies: 30
Views: 2817

Re: Life and Financial Goals Weekend Away - What Should My Wife and I Discuss?

Some advice would be that you both submit questions (i.e. not just you and bogleheads), and that you both take time to prepare notes / answers ahead of the meeting individually.
by wilked
Sat Mar 10, 2018 9:00 am
Forum: Personal Finance (Not Investing)
Topic: To Move or Not To Move - Couldn't be more of a Coinflip! (Help Please)
Replies: 82
Views: 6940

Re: To Move or Not To Move - Couldn't be more of a Coinflip! (Help Please)

Until you get the retention offer then you are not in a position to make a decision - yes? All speculation at moment.

Is there a timeline attached to your outside offer for a response?
by wilked
Fri Mar 02, 2018 12:36 pm
Forum: Personal Consumer Issues
Topic: Kitchen features
Replies: 96
Views: 5659

Re: Kitchen features

Hillview wrote:
Thu Mar 01, 2018 5:59 pm
Totally wish we had installed an instahot water tap for tea. We make tea all the time.
This is #1 on my WANT list

Plan to do it within the next year or so...
by wilked
Mon Feb 26, 2018 8:36 am
Forum: Personal Consumer Issues
Topic: 3 layers of roof. Pull my offer??
Replies: 63
Views: 5878

Re: 3 layers of roof. Pull my offer??

Get an experienced roofer (ideally a 'big name' in the area) to do a specific roof inspection. Use whatever comes from that specific roof inspection to modify your offer. If the roofer more or less agrees with the original inspector (should last 5-10 years, not ideal but doable) you should ask for a...
by wilked
Mon Feb 26, 2018 8:30 am
Forum: Personal Consumer Issues
Topic: Sweet Spot For SEER Rating
Replies: 29
Views: 2196

Re: Sweet Spot For SEER Rating

1. List the models here
2. What is a real range of years she will live there? What is the best guess for years of ownership?
3. Can you describe the property? SFH, year built, sq ft, etc?
by wilked
Sat Feb 24, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Should I ask for a larger raise at yearly review?
Replies: 37
Views: 2506

Re: Should I ask for a larger raise at yearly review?

You were promoted 6 months ago, given a nice raise, and are going to negotiate upward on your annual merit increase? If I was your boss I would honestly be a little offended - from my perspective I have been aggressive with your career, given you tremendous flexibility on your work conditions / wor...
by wilked
Sat Feb 24, 2018 12:05 am
Forum: Personal Consumer Issues
Topic: Good Hotel in DC
Replies: 46
Views: 3276

Re: Good Hotel in DC

did the OP state what his/her budget is?
by wilked
Fri Feb 23, 2018 11:34 pm
Forum: Investing - Help with Personal Investments
Topic: Help with my daughter's 401K
Replies: 11
Views: 601

Re: Help with my daughter's 401K

she may learn a lot more by joining the forum and asking the questions herself - something to think about