Search found 58 matches

by jm1495
Tue Sep 01, 2020 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Do dual income households need life insurance?
Replies: 40
Views: 3251

Re: Do dual income households need life insurance?

The purpose of insurance is to cover/risk liability for a scenario that yourself couldn't cover from your own financial means. You're paying someone that in the unlikely event something catastrophic happens that your family is covered because of your or your spouses lost of income. How much coverage...
by jm1495
Sun Aug 30, 2020 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6993
Views: 465316

Re: Refinance Mega Thread

You must be in Indiana or Ohio. I’ve refied with union savings before. Good place. I just walked away from my Lender #1 who was at 2.875%, $851 Closing Costs (A+B+C+E-Lender Credits). They scheduled a closing for next week but I have found a Lender #2 who has locked at 2.5%, $349 Closing Costs (A+B+...
by jm1495
Sat Aug 29, 2020 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Yet another refinance question
Replies: 7
Views: 605

Re: Yet another refinance question

Check out the Refinance Megathread. You should be able to find a better rate at some of the providers listed there.
by jm1495
Thu Aug 27, 2020 7:03 am
Forum: Personal Consumer Issues
Topic: $40k Hardwood Floors Gone Wrong - Help!
Replies: 43
Views: 4841

Re: $40k Hardwood Floors Gone Wrong - Help!

Contact the manufacturer of the hardwood flooring. This should be a quality/warranty issue and you should be made hole from their end. It was their responsibility to properly package the wood correctly. The installer is not at fault here for installing the product that was labeled incorrectly. If th...
by jm1495
Wed Aug 26, 2020 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6993
Views: 465316

Re: Refinance Mega Thread

Do you have the $1639 difference where you could make a additional principle payment with the first payment? It wouldn't make much difference in the long run if it's changed now or paid later. HELP I am in closing NOW and have less than an hour before she comes back. The person came for closing but ...
by jm1495
Wed Aug 26, 2020 8:02 am
Forum: Personal Consumer Issues
Topic: charging an EV
Replies: 250
Views: 14834

Re: charging an EV

I like the idea of reducing pollution so I'm looking at buying an electric vehicle. My main concern is that the small number of charging stations which would limit long-distance trips. Also, having to wait more than 20 min for a full charge is just too much time. Anyone have similar hesitation? The...
by jm1495
Wed Aug 26, 2020 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6993
Views: 465316

Re: Refinance Mega Thread

Ask your lender what happens if they don't close in time. Ask them to extend the rate lock for free, especially if their backlog is the reason for the delay. I am in this exact same situation and my lender will extend the lock for me for free if it comes to that. I am currently locked for a 30 year ...
by jm1495
Tue Aug 25, 2020 6:15 pm
Forum: Personal Consumer Issues
Topic: Property line issue
Replies: 24
Views: 1957

Re: Property line issue

Rules are rules. They are there for a reason. He’s TA for violating them.
by jm1495
Mon Aug 17, 2020 6:46 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6993
Views: 465316

Re: Refinance Mega Thread

I too got the WM treatment about Bogleheads. I usually don't disclose information about where I heard about a company, but I was proud of the work this group has put in and wanted to give some credit. I didn't realize that it would be considered such a bad thing...In fact, my LO told me that he had...
by jm1495
Fri Aug 14, 2020 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Financially Independent young - why not retire?
Replies: 42
Views: 5738

Re: Financially Independent young - why not retire?

When you win the game stop playing is a mantra that I've read here. It seems like you've achieved this. Without any additional expenses planned such as children. I'd say "retire" find something that you would enjoy doing for the enjoyment of it without getting paid. If it happens where you could get...
by jm1495
Thu Aug 13, 2020 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6993
Views: 465316

Re: Refinance Mega Thread

Did anyone close with Watermark? I have a refi going with someone else at 2.75% I got a LE from watermark for 2.5% and tried to match but it didn’t work. I’ve heard not so good things about Watermark and I don’t know if this 2.5% will actually close. Unfortunately the company with 2.75% is a couple...
by jm1495
Fri Aug 07, 2020 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6993
Views: 465316

Re: Refinance Mega Thread

Be cautious in starting a loan process with one company and jumping to another one to save a $100. I just spoke with a processor who provided a great rate but his company has now stopped taking leads that come through from bogleheads because of people jumping ship. As the phrase goes "Pigs get fat b...
by jm1495
Wed Aug 05, 2020 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Good (and bad) decisions/tips for home remodel?
Replies: 54
Views: 4648

Re: Good (and bad) decisions/tips for home remodel?

This guy on youtube is very knowledgeable. I'm not affiliated at all. Just impressed.

https://www.youtube.com/user/MattRisinger
by jm1495
Thu Jul 30, 2020 7:05 am
Forum: Personal Consumer Issues
Topic: Anyone study math, physics or science for fun?
Replies: 54
Views: 4090

Re: Anyone study math, physics or science for fun?

Neil DeGrasse Tyson's Astrophysics for those in a hurry is a great read.
by jm1495
Fri Jul 24, 2020 2:07 pm
Forum: Personal Consumer Issues
Topic: Can I (homeowner) pay roofer's insurance premium?
Replies: 8
Views: 893

Re: Can I (homeowner) pay roofer's insurance premium?

Is there a tuck pointing or restoration company in the area that I used to using lifts to reach hard to reach areas? As the saying goes "Right tool for the right job."
by jm1495
Fri Jun 19, 2020 6:58 am
Forum: Personal Consumer Issues
Topic: Fire Pits: Solo Stove vs. Breeo
Replies: 20
Views: 4425

Re: Fire Pits: Solo Stove vs. Breeo

My neighbor has a solo. It's harder to get started than a normal fire pit. It's not completely smokeless, especially when getting started. Otherwise it's very efficient, burns hot and is a nice fire pit.
by jm1495
Tue Jun 16, 2020 7:43 am
Forum: Personal Consumer Issues
Topic: Flexing your frugality - are 0% loans to friends wrong?
Replies: 54
Views: 3359

Re: Flexing your frugality - are 0% loans to friends wrong?

Interest is called that because it is the bank or lending institutions "interest" in the loan. The lending institution interest in lending money must be greater than the risk associated with a default on the loan. By providing a zero interest loan you are communicating that you have no interest in t...
by jm1495
Wed Jun 10, 2020 8:55 am
Forum: Personal Consumer Issues
Topic: New construction house - what to consider?
Replies: 161
Views: 10271

Re: New construction house - what to consider?

Solar as mentioned. You could eliminate the need for the generator. Insulate the interior walls for sound mitigation. You'd be surprised at how sound transfers through empty cavities. Tankless water heater. Very efficient and only used when needed. Get the best pad for the carpet you can afford it h...
by jm1495
Tue Jun 02, 2020 7:52 am
Forum: Personal Consumer Issues
Topic: Falcon 9 Launch to the International Space Station
Replies: 129
Views: 8763

Re: Falcon 9 Launch to the International Space Station

My understanding from NASA is the launch window today, for just a 19-hour transit, was only one second wide. Miss it and the astronauts would miss the ISS. Given the weather conditions they had no choice but to scrub at least until the next window on Saturday. Mean old Mr. Newton. PJW The "instanta...
by jm1495
Tue May 26, 2020 7:27 am
Forum: Personal Finance (Not Investing)
Topic: For EF "months", are we including unemployment benefits & stated severance policies? And both parts of a couple?
Replies: 19
Views: 1179

Re: For EF "months", are we including unemployment benefits & stated severance policies? And both parts of a couple?

That's the thing about EF, risk and insurance. The EF is a self insurance policy against liabilities that would need to be paid even in the event of a loss of income. That's why it is advisable to park it in a low risk (lower interest) liquid asset. I look at it almost like a term life insurance pol...
by jm1495
Mon May 25, 2020 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Best cash-back credit card right now?
Replies: 184
Views: 36240

Re: Best cash-back credit card right now?

I prefer the Capital One Quick silver card. 1.5% cash back on everything. No annual fee. No minimum redemption amount. I comped the card to the AMEX Blue Cash Preferred and came out slightly ahead with the Capital One card after deducting the annual fee. The other benefits like no minimum redemption...
by jm1495
Mon May 25, 2020 3:10 pm
Forum: Personal Consumer Issues
Topic: Robot vacuums
Replies: 30
Views: 2143

Re: Robot vacuums

Recently received an Ecovacs Deebot, was on sale at Costco. Simple and works well. Just close off a section of the house, like hallway, room, or office. Let it run in there for an hour or so. Picks up a lot of stuff. Also buzzes around the kitchen on hard floors picking up everything. Happy with it...
by jm1495
Wed May 20, 2020 10:42 am
Forum: Personal Investments
Topic: Our Finances - A "Check Up" Post
Replies: 8
Views: 1320

Re: Our Finances - A "Check Up" Post

Are you in year one of the mortgage? I would consider a refi for a better rate.
by jm1495
Tue May 19, 2020 6:38 am
Forum: Personal Finance (Not Investing)
Topic: Central Indiana: Reasonable Cost?
Replies: 16
Views: 1246

Re: Central Indiana: Reasonable Cost?

Get three quotes from people that you feel are reputable, talk to neighbors/friends/family to see if they have any recommendations. You can also see the work first hand.
by jm1495
Mon May 18, 2020 8:00 am
Forum: Personal Consumer Issues
Topic: Is there a Cable Guy in the House?
Replies: 42
Views: 3772

Re: Is there a Cable Guy in the House?

OP here. Thank you all for your suggestions and ideas. If I was tech or work-around-the-home savvy, I could do more myself. As it is, I'm just competent enough to know how to unplug modems and routers as a reset process. I looked again at the setup for where the cable modem is, and see that the coa...
by jm1495
Mon May 18, 2020 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Pay off Tesla as Planned or Keep Cash for Covid Uncertainty?
Replies: 62
Views: 3972

Re: Pay off Tesla as Planned or Keep Cash for Covid Uncertainty?

Something that is overlooked here especially related to total cost of ownership is the maintenance and total cost of ownership of the car. Let's estimate that you drive 12,000 miles per year. A 2017 Accord get 34 mpg highway/27 city. Using numbers of where I'm located. If we use a split the differen...
by jm1495
Mon Apr 27, 2020 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Employer not depositing 401k funds right away
Replies: 7
Views: 627

Re: Employer not depositing 401k funds right away

A polite email to HR inquiring would be a good idea. It's not "rocking the boat" per say but inquiring about a noticeable difference. I had a similar issue with my current employer and they were eventually able to get it resolved.
by jm1495
Mon Apr 06, 2020 8:09 am
Forum: Personal Consumer Issues
Topic: good books on lawn care for beginners?
Replies: 25
Views: 1533

Re: good books on lawn care for beginners?

www.aroundtheyard.com

It's the boglehead of lawn care.
by jm1495
Tue Mar 31, 2020 10:05 am
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 108
Views: 9003

Re: Did you move for better weather? Did you regret it?

I moved to the Triad region of North Carolina for almost the exact opposite weather reasons that you speak of. I was tired of the grey gloomy and snowy Indiana weather. I absolutely love it here because I get all four seasons, I'm three hours to the coast, three hours to the mountains, summers can b...
by jm1495
Fri Mar 27, 2020 6:52 am
Forum: Personal Investments
Topic: The Coming Baby Boom?
Replies: 48
Views: 2108

Re: The Coming Baby Boom?

How is this any different than saying "I expect the market to do xx in 9 months?" Isn't it market timing as well?

Stay the course.
by jm1495
Fri Oct 11, 2019 6:59 am
Forum: Personal Consumer Issues
Topic: Engine to Household Ratio Planning
Replies: 9
Views: 728

Re: Engine to Household Ratio Planning

I'm not sure how this is an actionable post but I'll play along.

My ratio is 0/1

All lawn equipment is electric.
So is the Car.
by jm1495
Sat Sep 28, 2019 6:26 am
Forum: Personal Investments
Topic: 401k Rollover, how badly did I mess this one up?
Replies: 16
Views: 1071

Re: 401k Rollover, how badly did I mess this one up?

What if for geopolitical reasons the markets suddenly went up and then went down>? What if you ended in the same spot that you did today if you hadn't completed the rollover? The rollover was made I assume to match your long term strategy. It was bad luck that the market swings happed like they did....
by jm1495
Mon Jul 08, 2019 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce and pension/401k/IRA split
Replies: 31
Views: 3094

Re: Divorce and pension/401k/IRA split

I am not a lawyer, but having gone through a similar situation.. Everything is negotiable and probably won't require a lawyer if you can be amicable about the split. My ex and I wrote up an agreement where each retained their own personal retirement accounts, they were essentially outside of the div...
by jm1495
Mon May 20, 2019 8:35 am
Forum: Personal Consumer Issues
Topic: Anybody recommending Windows World?
Replies: 22
Views: 2073

Re: Anybody recommending Windows World?

So the energy star pkg probably includes a low e coating on the glass, vs clear glass. It could also include insulating foam in the vinyl profile. It appears that the TG2 is a triple paned window which means that there are two spaces filled with Argon to prevent heat transfer. Did the salesperson ha...
by jm1495
Tue Sep 04, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: Types of seed for new lawn or sod?
Replies: 24
Views: 2038

Re: Types of seed for new lawn or sod?

visit www.aroundtheyard.com It's bogleheads for lawn care, seed etc.
by jm1495
Tue Sep 04, 2018 8:23 am
Forum: Personal Consumer Issues
Topic: Selling a car to CarMax
Replies: 74
Views: 59195

Re: Selling a car to CarMax

They may not negotiate but it is a person doing the evaluation. Take the time to make sure it's clean, minor issues are fixed like bulbs, ac runs cold etc.
by jm1495
Thu Aug 30, 2018 7:15 am
Forum: Personal Finance (Not Investing)
Topic: 0% card to another 0%?
Replies: 21
Views: 1538

Re: 0% card to another 0%?

To answer the OP's original question. There isn't any issue associated with going from one 0% card to another. I've done this a couple of times as I carry a little bit of CC debt. I always make sure to do it a couple of weeks before the 0% on the first card runs out. The transaction usually takes a ...
by jm1495
Tue Aug 21, 2018 6:59 am
Forum: Personal Consumer Issues
Topic: Cashing a check
Replies: 28
Views: 2803

Re: Cashing a check

The only thing that is still on my mind is that many people every day deposit checks using their cell phone. How can everyone make sure that their checks are not used again? Why didn't LCNB National Bank take notice that the check was deposited twice? Why didn't my bank take notice that I was charg...
by jm1495
Fri Jul 06, 2018 8:16 am
Forum: Personal Finance (Not Investing)
Topic: W-4 allowances: why not withhold the minimum to avoid penalty?
Replies: 17
Views: 1550

Re: W-4 allowances: why not withhold the minimum to avoid penalty?

Just as a follow up, I calculated using Notice 1036 ( https://www.irs.gov/pub/irs-pdf/n1036.pdf ) and, if I want to have NO income tax withheld from my paychecks going forward, I have to claim >50 allowances on my W-4. My question: if I claim >50 allowances on my W-4, will this, in itself, cause an...
by jm1495
Tue May 29, 2018 7:32 am
Forum: Personal Consumer Issues
Topic: Cruise ships for multi-generational family
Replies: 61
Views: 4402

Re: Cruise ships for multi-generational family

I would actually offer up Carnival Cruise as a suggestion. It's a boglehead approach to cruising as it is vary reasonably priced. The newer ships are nice, with great amenities. They have a wonderful kids programs for the young ones. If you're not a fan of being on a ship then find the itineraries w...
by jm1495
Tue Apr 17, 2018 8:00 am
Forum: Personal Consumer Issues
Topic: car at 80
Replies: 59
Views: 7491

Re: car at 80

I suggest you get a new Subaru sedan or SUV. All Subaru models have four wheel drive, even the sedans, and they all have a lot of latest safety features. If I was forced to live in a snow belt climate, there is no way I'd spend winter driving any thing but a four wheel drive vehicle. I don't know i...
by jm1495
Wed Mar 21, 2018 8:30 am
Forum: Personal Consumer Issues
Topic: Outdoor Blower
Replies: 24
Views: 2011

Re: Outdoor Blower

I have a number of Kobalt 80v tools that work extremely well. String Trimmer (plus brush blade for heavy brush), Chainsaw and Blower. They all are very well built and perform beyond my expectations. https://www.lowes.com/pd/Kobalt-80-volt-Max-Lithium-Ion-500-CFM-125-MPH-Heavy-duty-Brushless-Cordles...
by jm1495
Tue Mar 20, 2018 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Bought house six months ago - now feeling like we're treading water and can't save money
Replies: 189
Views: 20910

Re: Bought house six months ago - now feeling like we're treading water and can't save money

As you own the house longer, you'll figure some things out. Yard sales once it's warmer. Instead of buying disney disks, buy a box of 100 of them at a yard sale for $3. Bees? We got bees. Carpenter bees. Look around the house now and then. Easy enough to see where they nest or have bored into your ...
by jm1495
Wed Mar 07, 2018 8:31 am
Forum: Investing - Theory, News & General
Topic: In-law advice?
Replies: 24
Views: 3162

Re: In-law advice?

There's a mantra that I like to follow in situations like this and it is to "Mind your side of the street" If she asks you can talk to her about what you do and why you do it. If she's really interested then about the resources that you used to form your opinions. If she takes something from it and ...
by jm1495
Fri Mar 02, 2018 8:22 am
Forum: Personal Finance (Not Investing)
Topic: 0% CC as part of EF
Replies: 31
Views: 2517

Re: 0% CC as part of EF

I did this along with scraping by with what little unemployment provided for a year in 2008. I wouldn't recommend it. It was a very uneasy feeling to run up cc debt and not having a guaranteed way to pay it off. Those chickens come home to roost eventually.
by jm1495
Tue Feb 20, 2018 10:22 am
Forum: Personal Consumer Issues
Topic: Lawn spraying
Replies: 26
Views: 2723

Re: Lawn spraying

They are probably spray a pre-emergent for crab grass and other weeds. You can do the same via products available at the local hardware store or landscape supply companies that sell to homeowners. I strongly recommend checking out www.aroundtheyard.com. It's the bogleheads of lawncare. Great advice ...
by jm1495
Tue Feb 06, 2018 8:22 am
Forum: Personal Investments
Topic: Stay the course?
Replies: 65
Views: 8907

Re: Stay the course?

On days like today, I like to look at 2 related things: 1. My cost basis for my investments, and/or 2. What price I purchased my investments and the dividend record of them. I don't understand why people say to ride it out. If I can sell now and still realize gains, watch the market drop further (s...
by jm1495
Mon Jan 22, 2018 8:23 am
Forum: Personal Consumer Issues
Topic: Passport renewal and usage- what's the scoop?
Replies: 33
Views: 3615

Re: Passport renewal and usage- what's the scoop?

For what it's worth I just renewed my passport. I sent it in the first week of January and the new one arrived within two weeks. I was surprised as I didn't pay for the expedite. YMMV