Search found 39 matches

by wolingfeng
Sat Aug 13, 2016 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Wanted to always Bogle, but never got around to it...Now worth $2.3m
Replies: 11
Views: 2905

Re: Wanted to always Bogle, but never got around to it...Now worth $2.3m

It's not too late! Make the decision and rebalance the portfolio. With so much cash on hand, I think make your own decision how much cash you think you'll need and feel comfortable for emergency fund (including money you might need for your other real estate properties). Then it will be easier to co...
by wolingfeng
Wed Jun 22, 2016 11:21 pm
Forum: Personal Consumer Issues
Topic: Replacing rotten stud in wall
Replies: 32
Views: 2526

Re: Replacing rotten stud in wall

Stud doesn't look like its rotted, just need some cleaning. But you should remove all those mold because it can be a serious health hazard. For a large area of mold yu have to replace all the dry wall, clean the mold on wood and fix the leaking issue.
by wolingfeng
Wed Jun 08, 2016 2:31 pm
Forum: Personal Consumer Issues
Topic: Problems with Exterior Paint Job on Home
Replies: 13
Views: 1152

Re: Problems with Exterior Paint Job on Home

Yeah, I say if you saw peeling with in a year, that job is not done right. Sorry for your situation. I would try to fight for them to re-do the work.
by wolingfeng
Wed Jun 08, 2016 2:25 pm
Forum: Personal Consumer Issues
Topic: Window replacement - any advice? Lessons learned?
Replies: 30
Views: 2331

Re: Window replacement - any advice? Lessons learned?

We recently replaced a bunch of windows in our house last year. Yes, everything is negotiable. Make sure you get at least 3-4 quotes before making any decisions. Some sales people will come in and tell you how great their products are for 2 hours and then say, if you sign the contract today, we will...
by wolingfeng
Wed Jun 08, 2016 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Discount for all cash offer [on house]
Replies: 40
Views: 2791

Re: Discount for all cash offer

Depending on the situation, if the seller wants to sell quickly and in need of cash, then all cash is very important factor. But if the timing of sale is not an important priority, all cash won't matter that much, offered price will be more important factor. It has its advantage but you have to take...
by wolingfeng
Mon Apr 18, 2016 9:57 pm
Forum: Personal Consumer Issues
Topic: Passport photo DIY - anyone done it easily?
Replies: 53
Views: 3314

Re: Passport photo DIY - anyone done it easily?

We did ourselves. We had white color wall, stood in front of it, took the photo. We had printer that could printer photos at home. Then we just use scissors cut to the required size. Just make sure read the photo requirement online, I think passport requires something like no teeth shown or both ear...
by wolingfeng
Sat Mar 05, 2016 9:05 pm
Forum: Personal Consumer Issues
Topic: DSLR recommendations for photos of young kids
Replies: 32
Views: 1967

Re: DSLR recommendations for photos of young kids

Have you ever considered going for mirrorless? Ever since my wife switched to mirrorless camera, she just kept it in her purse with a 35mm prime lens, image quality is superb and at the same time you keep it all the time with you for almost all occasions. We're no expert, but we just upgraded from A...
by wolingfeng
Thu Sep 17, 2015 3:42 pm
Forum: Personal Consumer Issues
Topic: Car coolant leak repair
Replies: 25
Views: 1782

Re: Car coolant leak repair

Thanks for everyone's advice and replies. I think 1000 does sounds a bit of high and rip off price. But the day I dropped off my car to get checked out, I had a family vacation coming up and right after that, I am expected to drive my car for several trips of long distance (100 plus miles) for perso...
by wolingfeng
Wed Sep 09, 2015 10:18 pm
Forum: Personal Consumer Issues
Topic: Car coolant leak repair
Replies: 25
Views: 1782

Car coolant leak repair

Hi Forum Members, I recently found out that my coolant in my car is low and saw some leaking residues around the hoses. So I brought in to the car shop to have check out. They quoted me about a 1000 dollar for replacing water pump, thermostat, upper and lower hoses (parts and labor). I bought my car...
by wolingfeng
Mon Aug 10, 2015 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: AllState Increased Rates due to Speeding Ticket out-of-state, what to do?
Replies: 11
Views: 1607

Re: AllState Increased Rates due to Speeding Ticket out-of-state, what to do?

Lesson number one is do not drive too fast. But once in a while most people do it anyway. So if unfortunately you get caught, DO NOT plea guilty. Hire a lawyer to take care of it. It's much cheaper and easier than paying the fine and paying the increased insurance premium.
by wolingfeng
Mon Aug 10, 2015 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: Cash in my mattress
Replies: 8
Views: 1870

Re: Cash in my mattress

You are risk averse and are doing P2P lending? Agree, I would categorize P2P lending as highly risky. The first year or so you might have an amazing yield, but normally default doesn't start until some time later and that's when you'll see your yield get hit, depending on your luck of course. I'd s...
by wolingfeng
Wed Aug 05, 2015 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Have you ever encountered hostility because people think you're "rich"?
Replies: 71
Views: 6296

Re: Have you ever encountered hostility because people think you're "rich"?

Many well said comments. Money is very important but most intelligent people have their focus on things that are more meaningful to them, i.e. family, career, or some forms of societal contribution. :beer
by wolingfeng
Sun Aug 02, 2015 10:21 pm
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 201
Views: 17004

Re: What's Your Monthly Food/Groceries Spending? My is through the roof?

You can definitely save quite a bit if you want to shop in places like Chinatown... The Chinese supermarkets meat and produce are way cheaper than Trader Joes or even whole food, unless you care so much about organic food. I don't think their quality are that much different unless you're a professio...
by wolingfeng
Tue Jul 14, 2015 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Review - 29 & 28 Year Old Married Couple
Replies: 14
Views: 2064

Re: Financial Review - 29 & 28 Year Old Married Couple

Not sure how conservative you're, but I would aim around 50k for emergency fund eventually without sacrificing retirement contribution based on the amount of money you're spending per month. Otherwise, keep up what you've already been doing.
by wolingfeng
Sat Jul 04, 2015 9:52 pm
Forum: Personal Consumer Issues
Topic: Camera Experts Wanted
Replies: 36
Views: 2866

Re: Camera Experts Wanted

My wife started with canon t3i, it's a wonderful beginner dSLR. Lens wise for what you want to take, their kit lens (I think 18-55mm) is a good start as well. Or if you could spend a bit extra, get the 50mm for 80 dollars to start. It's probably one of the best value lens you find, takes really shar...
by wolingfeng
Sat Jul 04, 2015 9:45 pm
Forum: Personal Consumer Issues
Topic: Eating Out
Replies: 57
Views: 7779

Re: Eating Out

Nothing wrong with eatting out as long as you know you could afford the budget. But I always feel that it's healthier to eat at home. Buy some fresh produce, good quality meat and look up some interesting receipt, have some culinary adventure. It could be both fun, healthy and at the same time savin...
by wolingfeng
Sun May 24, 2015 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: 36 Years Old With No Investments
Replies: 12
Views: 2583

Re: 36 Years Old With No Investments

You'll be doing great. I wouldn't worry too much about your current lack of retirement investment like IRA or roth, etc. Looks like you've invested quite a bit in your business. A lot of us here always focus on paying off debt as soon as possible, sometimes as a business owner you have to find the b...
by wolingfeng
Thu May 14, 2015 10:41 am
Forum: Personal Consumer Issues
Topic: Looking for Cloud Storage Solution for Photo Back Ups
Replies: 26
Views: 3049

Re: Looking for Cloud Storage Solution for Photo Back Ups

iCloud is great for i-device but with limited space unless you pay... if you already have amazon prime, that's probably the cheapest way to go, unlimited photo storage, but I think it takes a long time to upload and complete the initial setup if you have large amount of data (took forever to upload ...
by wolingfeng
Thu May 14, 2015 10:33 am
Forum: Personal Consumer Issues
Topic: Make my iPhone switch from WiFi to mobile data when WiFi signal is low
Replies: 10
Views: 1288

Re: Make my iPhone switch from WiFi to mobile data when WiFi signal is low

probably the best way for long run is to get a wifi extender near your yard, or set up a wifi access point near there. Keep in mind wifi extender will deliver weakened wifi speed, probably 50% of what your original speed delivers. With a sizable yard/diameter, probably set up access points on each s...
by wolingfeng
Sun May 03, 2015 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Back Door Roth: Long term gain vs short term gain
Replies: 1
Views: 294

Back Door Roth: Long term gain vs short term gain

Dear bogleheads members, I had opened an IRA account for wife who made non-deductible contribution (due to higher income limit). I have always been procrastinating about doing the backdoor roth and the stocks kept going higher, which made me reluctant to convert to pay for taxes on the gain. But I t...
by wolingfeng
Wed Apr 15, 2015 10:05 pm
Forum: Personal Consumer Issues
Topic: noise-blocking headphones
Replies: 39
Views: 5418

Re: noise-blocking headphones

Actually recently i've been looking into noise canceling headphone. Bose QuietComfort 25 is probably the best but also the most expensive one, but I ended up buying ATH-ANC9 for around 190. It's more or less comparable if you're not looking for absolutely the best. Good enough for air travel as well...
by wolingfeng
Tue Mar 17, 2015 10:08 pm
Forum: Personal Consumer Issues
Topic: What internet speed is fast enough?
Replies: 52
Views: 13712

Re: What internet speed is fast enough?

Verizon Fios 50 down 25 up. I have multiple devices connecting to internet streaming content. Also wife uploads lots of picture and that upload speed helps a lot. Personally I feel this speed is about the need for myself. But it's not as cheap as some other providers....
by wolingfeng
Mon Mar 09, 2015 9:31 pm
Forum: Personal Consumer Issues
Topic: Will you buy an Apple Watch?
Replies: 456
Views: 46056

Re: Will you buy an Apple Watch?

Definitely will go to apple store to check it out and try it, as times goes there will be many apps developed for it, which i think is the key to make it useful. Of course only history can tell how successful it is. Can't tell at this moment.
by wolingfeng
Mon Mar 09, 2015 9:23 pm
Forum: Personal Consumer Issues
Topic: Can I afford it?
Replies: 59
Views: 7052

Re: Can I afford it?

You could afford to buy it, but personally it's too high of a price for a car. But if you value driving experience a lot, then it could be money worth spent. Also on a side note, it's always easier to upgrade than down grade. Once you buy a lexus, you probably never want to go back to drive a camry ...
by wolingfeng
Fri Mar 06, 2015 9:48 pm
Forum: Personal Consumer Issues
Topic: Keurig-cup coffee makers - why?
Replies: 139
Views: 16522

Re: Keurig-cup coffee makers - why?

Normally it costs 30-35 cents/cup when you buy them on sale. I stock them up every couple months... That's not too bad of a price compare to conventional brewing.
by wolingfeng
Mon Feb 23, 2015 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Withholding Question
Replies: 3
Views: 573

Tax Withholding Question

Hi all! This year I inputted all the info in the turbo tax and it came out that we have a large amount of refund about 8k, so I decided to change my withholding to withhold less tax on each of my paycheck. But my payroll messed up for the past 3 weeks and I saw I had zero federal tax withhold for 3 ...
by wolingfeng
Sun Dec 14, 2014 10:15 pm
Forum: Personal Consumer Issues
Topic: Help being smart about prescriptions (generics)
Replies: 9
Views: 1018

Re: Help being smart about prescriptions (generics)

It depends on what kind of drugs and medical condtions. In general there are multiple choices for something like hypertension, high cholesterol, depression, diabetes, etc. Most of the times those more expensive brand names drugs do not produce any better result than the comparable generics. But even...
by wolingfeng
Sun Dec 07, 2014 1:08 am
Forum: Personal Finance (Not Investing)
Topic: Am I being cheap? [wedding/engagement ring]
Replies: 192
Views: 11607

Re: Am I being cheap?

While investing money for future is important, one has to think about other factors. The ring could be a bad investment, but it could mean an important symbol for the marriage and love, or whatever she think. Is it necessary in every marriage? No. But if she likes it, why fight so hard? Or else we s...
by wolingfeng
Fri Mar 08, 2013 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Tax filing - Question about making an amendment
Replies: 4
Views: 380

Re: Tax filing - Question about making an amendment

Appreciate the help! I think I will skip that couple dollars this year... Lol
by wolingfeng
Wed Mar 06, 2013 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Tax filing - Question about making an amendment
Replies: 4
Views: 380

Re: Tax filing - Question about making an amendment

So it looks like if I wanted to send the amended return, I have to print out a 40-page file, then mail it... the postage itself probably cost more...
by wolingfeng
Wed Mar 06, 2013 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Tax filing - Question about making an amendment
Replies: 4
Views: 380

Tax filing - Question about making an amendment

Hi guys! I had a little bit investment at Prosper.com. I filed my tax in February. Just couple of days ago Prosper.com notified me that they have made a "corrected" 1099 OID.... At this time I already go my federal tax return. So anyway I plugged in the number that's on this "correcte...
by wolingfeng
Wed Jan 30, 2013 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: tax question: recharacterization vs conversion
Replies: 3
Views: 445

tax question: recharacterization vs conversion

Hey Guys, I am in the process of filing my tax via Turbotax, and encountered a problem while I was reporting my contribution. I am married filing jointly. Our adjusted gross income is going to be around 230k. So my contribution to traditional IRA would be non-deductible anyway. And I had zero dollar...
by wolingfeng
Sun Jan 20, 2013 6:49 pm
Forum: Personal Consumer Issues
Topic: Reasons for why some medications not covered by health plan
Replies: 11
Views: 1633

Re: Reasons for why some medications not covered by health p

Unfortunately generic Prevacid (lansoprazole) is pretty expensive, more than a dollar a pill, vs other PPI generic like omperazole and pantoprozole. I think somehow there is only one manufacture Sandoz making it, thus they can control the pricing and making it more expensive. Maybe have your doctor ...
by wolingfeng
Sun Jan 20, 2013 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: NY Property Tax Calculation - Star Exemption
Replies: 5
Views: 1704

Re: NY Property Tax Calculation - Star Exemption

Thanks for everyone's input. That's what I thought that STAR exempts only 30k, which in most cases can save about 600-700 dollars off the school tax as far as I am thinking.

Tricky :?
by wolingfeng
Sun Jan 20, 2013 1:37 pm
Forum: Personal Consumer Issues
Topic: All-inclusive in Cancun
Replies: 33
Views: 4805

Re: All-inclusive in Cancun

My wife and I went to all inclusive hotel in Cancun last year. It's very nice. The hotel we went was more expensive but it was worth the money (Le Blanc). I would say just do your homework, research the activities and hotels about what they offer and how people reviewed them. Generally, food was gre...
by wolingfeng
Sun Jan 20, 2013 12:26 am
Forum: Personal Finance (Not Investing)
Topic: NY Property Tax Calculation - Star Exemption
Replies: 5
Views: 1704

NY Property Tax Calculation - Star Exemption

Any folks there in NY state know about how to estimate or calculate the property tax with the NY STAR exemption? :confused I am looking to buy my first house. And one thing I am trying to do is to have a clear picture of the cost between different houses I am looking at. The realtor explained to me ...
by wolingfeng
Tue Dec 11, 2012 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Managing the money [Buying a house, which funds to use?]
Replies: 3
Views: 746

Re: Managing the money [Buying a house, which funds to use?]

Thanks for the response! Actually another question just popped up in my mind as I am eagerly looking for a pre-approval from a bank. I've read a little bit, and some recommend using a mortgage broker and some say we could just shop around different banks for the lowest rate. As I am looking at this ...
by wolingfeng
Wed Dec 05, 2012 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Managing the money [Buying a house, which funds to use?]
Replies: 3
Views: 746

Managing the money [Buying a house, which funds to use?]

Hello everyone, This is my first post. First of all, thanks for the bogleheads forum. I am much more informed about finance and investment than before because of this platform. I am a married guy in my late 20s. Recently my wife and I have come to a conclusion to buy a house to settle down (currentl...

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