Search found 243 matches

by euroswiss
Thu Jun 27, 2019 4:54 pm
Forum: Personal Consumer Issues
Topic: Appliance Replacement
Replies: 10
Views: 1106

Re: Appliance Replacement

Why not stick with a standard 70-90 gallon electric water heater? If the water heater needed replacement, I would most certainly convert to gas. The savings over natural gas vs. electric is real along with other perks of a gas water heater such as a significantly reduced recovery time. The outlier ...
by euroswiss
Thu Jun 27, 2019 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Cancelling 24 Year Old Credit Card
Replies: 31
Views: 2892

Re: Cancelling 24 Year Old Credit Card

I'll differ from the other answers: based on your current score, killing that old card will have a minimal impact on your score. Even that will recover quickly. I'd go ahead and cancel it. Yes, you could stick it in your safe, but it IS something you will always have to think about and keep track be...
by euroswiss
Wed Jun 19, 2019 7:58 am
Forum: Personal Consumer Issues
Topic: How to take care of this mold in the bathroom
Replies: 8
Views: 1186

Re: How to take care of this mold in the bathroom

Looks like Sheetrock? If so, remove the quarter round, cut the sheetrock a few inches past the damage with a horizontal cut, and replace. Mud the seam, sand, paint. Clean and re-install the quarter round. This looks like something that has been slowly emerging over an extended period of time, probab...
by euroswiss
Mon Jun 17, 2019 3:14 pm
Forum: Personal Consumer Issues
Topic: Are you a member of nextdoor.com? Any concerns registering your info?
Replies: 71
Views: 6553

Re: Are you a member of nextdoor.com? Any concerns registering your info?

I think its highly dependent on your neighborhood. It can be useful or a complete waste of time. I used to belong to it but quit some time ago. Basically all that ever got posted was lost cats and dogs.

That said, I don't think the requirement of address and phone are a big deal.
by euroswiss
Sun Jun 16, 2019 11:16 am
Forum: Personal Consumer Issues
Topic: Alternative to US Postal (USPS) for Mail Delivery of Checks
Replies: 7
Views: 565

Re: Alternative to US Postal (USPS) for Mail Delivery of Checks

Get a mailbox at a UPS store (mailbox etcetera used to be another choice but I think they went out of business).
by euroswiss
Mon Jun 03, 2019 8:38 am
Forum: Personal Consumer Issues
Topic: best way to deal with mice in a rental property
Replies: 24
Views: 1705

Re: best way to deal with mice in a rental property

What do the tenants want you to do? When I rented, I just took care of mice myself. This is a trickier question than it might seem. Yes, many rental agreements say that the tenant is responsible for bug or rodent infestations. However, the landlord is on the hook for providing a “clean and livable ...
by euroswiss
Sun Mar 31, 2019 4:32 pm
Forum: Personal Consumer Issues
Topic: [Selling house, what is the appropriate realtor's commission?]
Replies: 9
Views: 1336

Re: [Selling house, what is the appropriate realtor's commission?]

While there is room for negotiation, typically, the 6% commission for the sale of your home is split 50:50 with the buyer's agent. So, if your ex-husband lists the property, his brokerage will likely pay 3% to the buyer's agent brokerage and keep the other 3%. That 3% is then split between your ex-h...
by euroswiss
Wed Mar 27, 2019 8:36 am
Forum: Personal Consumer Issues
Topic: Moisture in Basement and House
Replies: 17
Views: 1344

Re: Moisture in Basement and House

I don’t understand what you mean by “dehumidifier doesn’t always work”. If you really run the dehumidifier consistently set to 30-40% then the should be no mold issue. 30-40% humidity is extremely dry - if it never gets above that you are not dealing with mold.
by euroswiss
Tue Feb 05, 2019 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Chase credit card dispute - denied
Replies: 141
Views: 9682

Re: Chase credit card dispute - denied

Chase's position on this is absolutely apalling and shameful, on so many levels, IMO. Ironically, just yesterday I applied for my first Chase credit ever, i.e. an Amazon Prime Rewards card. This story makes me think that was a mistake. I do buy a lot on Amazon so the 5 % back may still be too tempt...
by euroswiss
Sat Feb 02, 2019 4:10 pm
Forum: Personal Consumer Issues
Topic: Things to do in Inverness, Scotland
Replies: 9
Views: 857

Re: Things to do in Inverness, Scotland

Not sure I agree that Skye is impossible without a car. I took a train once from Inverness to Kyle of Lochalsh which was one of the most beautiful train journeys I have ever experienced. Takes 2 1/2hours. Then you can hop onto the ferry (10min?) to the Isle of Skye. Or, instead, you can catch a pass...
by euroswiss
Fri Jan 25, 2019 6:01 pm
Forum: Personal Investments
Topic: Short term investments help
Replies: 12
Views: 712

Re: Short term investments help

I have an extra $50,000 lying around over and above my usual emergency fund of $60k-75k. I'm waiting to see how our tax situation shakes out before deciding what to do with it. We probably won't need and other than paying down my mortgage I don't have any good ideas of what to do with it. We do not...
by euroswiss
Fri Jan 25, 2019 5:52 pm
Forum: Personal Investments
Topic: Want the simplest and clearest online platform
Replies: 25
Views: 2124

Re: Want the simplest and clearest online platform

I greatly prefer Fido's website to Vanguard's. I would agree. If you find the Fidelity site too complicated, you may need to invest some time in leaning the ins and outs. Fidelity gets consistently high marks for its website, so the problem may be you? Of course, it can't be everything to everyone ...
by euroswiss
Thu Jan 10, 2019 4:59 pm
Forum: Personal Consumer Issues
Topic: Should I get umbrella liability insurance?
Replies: 56
Views: 5232

Re: Should I get umbrella liability insurance?

Yes, you should have some umbrella liability and also renter insurance. Check your lease - depending on your location, it is very likely that it contains a clause that requires you to carry renter insurance.
by euroswiss
Thu Jan 10, 2019 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: resources about a rental property business
Replies: 4
Views: 560

Re: resources about a rental property business

If you are seriously interested in starting to invest in rentals, you are making a huge mistake by not exploring biggerpockets. It is an enormous forum with vast amounts of information. Of course, as it is a real estate site, it is a bit (in some cases a lot) biased, but there is no other place wher...
by euroswiss
Wed Jan 02, 2019 4:02 pm
Forum: Personal Consumer Issues
Topic: drilling into concrete - 2 layers?
Replies: 9
Views: 621

Re: drilling into concrete - 2 layers?

You may be dealing with a cinder block wall. If so, you can use a short concrete anchor (for example: https://m.youtube.com/watch?v=5006AqQ9Slw ), or even a drywall type anchor (like so: https://www.amazon.com/gp/product/B072J8GLJV?pf_rd_p=c2945051-950f-485c-b4df-15aac5223b10&pf_rd_r=BZKWZCXN4P6HEFF...
by euroswiss
Thu Dec 27, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: Ticket for speeding
Replies: 66
Views: 6035

Re: Ticket for speeding

If you are in NC, pay for the lawyer. Really depends on what County you are in. Some allow “improper equipment” pleas (you still pay the court cost but no insurance points), others do not - I think it is at the attorney general’s discretion. Even in jurisdictions that don’t allow improper equipment,...
by euroswiss
Sun Dec 23, 2018 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Rental property as a means of wealth capture?
Replies: 20
Views: 3098

Re: Rental property as a means of wealth capture?

Agree with others: this is a bad plan! Renting a 650k property out for 3k/mo is a terrible deal, even if she covers most maintenance. While there may be a history of strong appreciation in your market, it is pretty clear that we are getting closer to a real estate peak and you may be far from 5-10%/...
by euroswiss
Sun Dec 23, 2018 4:51 pm
Forum: Personal Consumer Issues
Topic: Earbud or Headphone Recommendation
Replies: 6
Views: 1039

Re: Earbud or Headphone Recommendation

I don't find earbuds comfortable, so I prefer a headset type of device. I use the Trekz Titanium (https://aftershokz.com/collections/homepage-collection/products/trekz-titanium) at the gym and it works great with very good sound quality. Good (rechargeable) battery life. You can get it from Amazon f...
by euroswiss
Fri Dec 14, 2018 2:01 pm
Forum: Personal Consumer Issues
Topic: International car rental fine: ignore?
Replies: 6
Views: 855

Re: International car rental fine: ignore?

The rental company charges of 25 Euro fee (on the CC you used for rental) to provide local police your information (name, address etc). You will then receive actual ticket fine letter in mail after several weeks directly from them. The letter will have bank name and account information where you ca...
by euroswiss
Fri Dec 14, 2018 1:58 pm
Forum: Personal Consumer Issues
Topic: International car rental fine: ignore?
Replies: 6
Views: 855

Re: International car rental fine: ignore?

The rental company charges of 25 Euro fee (on the CC you used for rental) to provide local police your information (name, address etc). You will then receive actual ticket fine letter in mail after several weeks directly from them. The letter will have bank name and account information where you ca...
by euroswiss
Sun Dec 09, 2018 9:30 am
Forum: Personal Consumer Issues
Topic: Christmas Tree Fire: Watered Tree vs. Dry Tree
Replies: 18
Views: 2361

Re: Christmas Tree Fire: Watered Tree vs. Dry Tree

Good advice! This always brings up memories from my childhood days (I’m not THAT old... :wink: ): we not only failed to water our tree but we actually used probably a total of 20 LIVE CANDLES (yes, candles clipped to the tree branches)!!!!! Alas, we bought the tree on Dec 23 and took it back down be...
by euroswiss
Sat Dec 08, 2018 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Skipping last COBRA payment
Replies: 25
Views: 2736

Re: Skipping last cobra payment

Euroswiss, no one is advocating theft as you suggest, Do you have any knowledge of cobra rules and regulations?Perhaps you should get some insight!,People come here to share ways on improving oneself not make comments without any knowledge on the subject such as what you have done. Have you ever be...
by euroswiss
Fri Dec 07, 2018 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Skipping last COBRA payment
Replies: 25
Views: 2736

Re: Skipping last cobra payment

I though I would share this as a perfectly good way to save some money! I would leave the word "good" out of your sentence. The insurance company is acting in "good" faith and you are not. This! Unless your Cobra agreement says otherwise, it sounds like you are ripping off the insurance provider. B...
by euroswiss
Thu Dec 06, 2018 10:14 am
Forum: Personal Consumer Issues
Topic: Management companies for landlords, pricing?
Replies: 3
Views: 425

Re: Management companies for landlords, pricing?

How much do management companies typically charge for managing a rental for a landlord? This varies by local standards, quality of property,etc but a good ballpark number is 8-10% of rent plus, typically, up to a full month’s rent as lease-up fee (for finding, vetting, placing the tenant). Some als...
by euroswiss
Sun Dec 02, 2018 8:43 pm
Forum: Personal Consumer Issues
Topic: Retired in your late 40s or early 50s?
Replies: 87
Views: 15249

Re: Retired in your late 40s or early 50s?

Retired from a great job three years ago at age 56. No regrets!
by euroswiss
Sun Dec 02, 2018 10:03 am
Forum: Investing - Theory, News & General
Topic: Penfed raises certificate rates 12/1/18
Replies: 25
Views: 3398

Re: Penfed raises certificate rates 12/1/18

https://ycharts.com/indicators/1_year_treasury_rate

Actually, it dropped to 2.69 from 2.70 (earlier in the week)
by euroswiss
Sun Dec 02, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity atm/debit card - can’t handle multiple accounts?
Replies: 9
Views: 839

Re: Fidelity atm/debit card - can’t handle multiple accounts?

Ok thanks. Sounds like you’d be ok with accessing ONE account (the default) but want to be able to “see” the status other accounts at ATM by using the same card. I solve this problem by using online banking on my smartphone in conjunction with one card. I can look at all my accounts online anytime a...
by euroswiss
Sun Dec 02, 2018 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity atm/debit card - can’t handle multiple accounts?
Replies: 9
Views: 839

Re: Fidelity atm/debit card - can’t handle multiple accounts?

I’m not sure I understand what you are trying to accomplish. Maybe you can elaborate? On its face, it seems you are asking for something impossible. If you have one card serving checking 1 and checking 2 and you make a debit purchase (most bank cards are debit cards these days), say, pump $10 dollar...
by euroswiss
Sat Dec 01, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Rental Property Mortgage Pay-Off -- Liability
Replies: 7
Views: 965

Re: Rental Property Mortgage Pay-Off -- Liability

With the new interest rate, I am breaking even on rent "vs" mortgage. Why keep the property? A break even on rent vs mortgage is an immediate sale for me. Selling the property would be a very effective way to mitigate liability (with respect to that property). Agree, if all you cover with the rent ...
by euroswiss
Tue Nov 27, 2018 7:01 pm
Forum: Personal Consumer Issues
Topic: Broken Sewer pipe - $10,000-$20,000 to fix
Replies: 58
Views: 6481

Re: Broken Sewer pipe - $10,000 to fix

It's quite likely that they're not going to hand-shovel but bring in equipment--sewer pipes are buried deep--and equipment costs. This may be a regional thing but actually in crawlspaces, sewer pipes are NOT typically buried deep. In fact, I have a half dozen rental properties with crawl spaces and...
by euroswiss
Tue Nov 27, 2018 6:34 pm
Forum: Personal Consumer Issues
Topic: ideas for a Xmas holiday in central Europe
Replies: 22
Views: 2279

Re: ideas for a Xmas holiday in central Europe

Lots of good advice already. I agree with skipping Venice - its too far out of the way and better visited in Spring or Summer. Also, be aware that many (or most) places/shops/events other than specific Christmas events are closed on the 24th, 25th AND 26th (Stefanstag), and again on New Year's Day, ...
by euroswiss
Mon Nov 19, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Real estate capital gains - advice needed
Replies: 10
Views: 1328

Re: Real estate capital gains - advice needed

Thanks all. It was co-owned. DW thought she gave up ownership some 20 years ago. So, if I understand correctly then your dad was really your sister’s and your tenant (even if he paid no rent) and has not been on the deed for the house for 20+ years? If that is the case, then the tax situation is li...
by euroswiss
Wed Oct 31, 2018 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: DAF - Vanguard or Fidelity? (donor advised fund)
Replies: 31
Views: 2955

Re: DAF - Vanguard or Fidelity? (donor advised fund)

Agreed - the higher minimum (I think it is 20K at Vanguard) is what kept me from setting it up there as well. I'm sure other than that, VG is fine. I actually went with Schwab in the end and have been very pleased (though I'm sure Fido is ok too)
by euroswiss
Wed Oct 31, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Time to sell our condo? Advice needed.
Replies: 24
Views: 2712

Re: Time to sell our condo? Advice needed.

When doing your math make sure you include closing costs (mostly carried by the seller). If you do sell for $225000 then you actually collect closer to $205000 (before subtracting mortgage). So you may not be left with 50K. Just double-check. Edit: never mind - looks like you already accounted for t...
by euroswiss
Tue Oct 23, 2018 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: IRS - Anyone deal with you owe us more tax letter?
Replies: 13
Views: 1953

Re: IRS - Anyone deal with you owe us more tax letter?

To keep it short. I received a letter back in July stating I owed more tax(2016) due to a 1099 for they received from a brokerage house from some RSUs I cashed in. Income was reported via w2 and I had no record of that 1099. Also tried to ding me for a Roth roll over. I responded to letter with sup...
by euroswiss
Tue Oct 16, 2018 4:48 pm
Forum: Personal Investments
Topic: Vanguard changing my Admiral shares to Investor Shares
Replies: 26
Views: 5397

Re: Vanguard changing my Admiral shares to Investor Shares

Moving to Fidelity creates an additional set of issues, and even more transaction fees for your holdings. So you'd be punishing yourself, not Vanguard. Well, that may be true, although I'm guessing that this transfer would be quite smooth. In addition, you'd likely get offered a few thousand dollar...
by euroswiss
Mon Oct 08, 2018 9:31 pm
Forum: Personal Investments
Topic: Fidelity or Vanguard [Portfolio help requested]
Replies: 23
Views: 3171

Re: Fidelity or Vanguard

I’d leave it at Fido too, unless you are dissatisfied with them for some reason. The differences between the big firms (Vanguard, Fidelity, Schwab) are small, so it comes down to personal preference. Obviously, this board tends to be a bit biased toward Vanguard.
by euroswiss
Mon Oct 08, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Can we safely retire early?
Replies: 18
Views: 3454

Re: Can we safely retire early?

I usually consider myself pretty bullish on these questions but based on the numbers you provided, I would NOT be comfortable pulling the plug anytime soon. If you were, say, both between 55 and 60 years old, then I'd go for it, but you have potentially 50 years of retirement to deal with, so I thin...
by euroswiss
Sat Oct 06, 2018 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: place to buy stock certificates?
Replies: 4
Views: 805

Re: place to buy stock certificates?

HI guys wanted to buy my nephew some stock certificates. it reminded me when my uncle purchased me some bonds when I was born, so I thought to pass on the same.. Is there any place you guys know of to purchase some stock certificates so I can give to my brother, didn't want him to have to setup an ...
by euroswiss
Sat Oct 06, 2018 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Should I sell my rental properties?
Replies: 6
Views: 853

Re: Should I sell my rental properties?

If your numbers are accurate then you are bleeding serious cash on both of these properties. As a rule of thumb, 50% of your collected rents will go to expenses (property manager, taxes, insurance, maintenance, vacancies, CapEx, etc). The other 50% are debt service and your profit. If I understand y...
by euroswiss
Wed Oct 03, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: Comcast Triple Play modem
Replies: 9
Views: 629

Re: Comcast Triple Play modem

There are many more ways to get voip than the (usually expensive) offerings from the cable company. In addition, most feel that the devices they usually offer are not as good as seperate devices you can buy seperately. Paying more up front to decrease monthly fees forever is the best deal. I would ...
by euroswiss
Mon Oct 01, 2018 8:33 am
Forum: Investing - Theory, News & General
Topic: Paying expenses out of pocket in tax-advantaged accounts?
Replies: 11
Views: 1392

Re: Paying expenses out of pocket in tax-advantaged accounts?

Nate79 wrote:
Sun Sep 30, 2018 4:30 pm
Step 1: don't have expenses in your IRA. Then it makes the question moot.
Agreed, this is definitely the way to go for a simple tIRA or Roth, but once you get to things like self-directed IRAs, then you will be faced with maintenance fees.
by euroswiss
Sun Sep 30, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Would you roth or traditional in this case?
Replies: 16
Views: 1641

Re: Would you roth or traditional in this case?

Although the normal advice is that a traditional 401k is always better than a Roth, my wife and I have been quite financially lucky and are in a situation where it is less clear if we should make a 403b contribution as roth or traditional. I would appreciate any advice that you might have. I would ...
by euroswiss
Sun Sep 30, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Help me manage my day to day bills to save more!!
Replies: 45
Views: 3907

Re: Help me manage my day to day bills to save more!!

Do you have any equity in your house? If so, you may be able to cash our refi or get a HELOC (better yet a home equity loan) to consolidate your student loans at a better rate.

Get rid of that pool!
by euroswiss
Sat Sep 29, 2018 10:21 pm
Forum: Investing - Theory, News & General
Topic: Paying expenses out of pocket in tax-advantaged accounts?
Replies: 11
Views: 1392

Re: Paying expenses out of pocket in tax-advantaged accounts?

Yes, account maintenance expenses such as for example for a SDIRA can be paid out of pocket
by euroswiss
Sun Sep 23, 2018 4:14 pm
Forum: Investing - Theory, News & General
Topic: Zero-ER Fidelity Funds [Closed to new investors?]
Replies: 38
Views: 3871

Re: Fidelity zero ER funds closed?

I'm skeptical that we know all we should about the Zero ER funds. Unless Fido is content to have a product with zero income and some level of expense, an extremely doubtful scenario, then they are making money somewhere that is not apparent. They state they'll make money from securities lending. Va...
by euroswiss
Sun Sep 23, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Should I try to sell Rental prop or Refi to generate cash?
Replies: 9
Views: 1061

Re: Should I try to sell Rental prop or Refi to generate cash?

Thank you for the reply. I agree selling is the right decision. I have been watching the local market and things are softening slightly. I don't know if that is due to heading into winter here=snow or a overall economic shift. Exact same floor plan is for sale one street over for $380k. My lot is t...
by euroswiss
Sun Sep 23, 2018 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Should I try to sell Rental prop or Refi to generate cash?
Replies: 9
Views: 1061

Re: Should I try to sell Rental prop or Refi to generate cash?

Agree with others: sell the rental

For more detail, post the question on www.biggerpockets.com (free real estat investor forum)
by euroswiss
Wed Sep 19, 2018 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Pay-off or keep mortgage with 2018 interest deduction changes?
Replies: 17
Views: 1815

Re: Pay-off or keep mortgage with 2018 interest deduction changes?

jabberwockOG wrote:
Wed Sep 19, 2018 7:56 am
I'd personally I'd sell of a few investments from my portfolio to pay the home loan off. Equity prices are at historic highs so not a bad time to convert to guaranteed long term return by paying off the loan.
That’s my inclination too - lock in the gains.
by euroswiss
Wed Sep 19, 2018 8:24 am
Forum: Personal Consumer Issues
Topic: Finding employers that match employee charitable causes?
Replies: 7
Views: 628

Re: Finding employers that match employee charitable causes?

My former Mega used to even extend the matching program to retirees (sadly, they pulled the plug on that right when I retired though :annoyed ). However, definitely worth checking.