Search found 940 matches

by sls239
Mon Nov 18, 2019 8:16 am
Forum: Personal Consumer Issues
Topic: morality, kids, tuition etc
Replies: 68
Views: 3955

Re: morality, kids, tuition etc

There's an inherent assumption in both plans - that it will only take 4 years to graduate.

That begs the questions - does the student know what they want to study and are they well prepared to go into that course of study on the main track with no added courses?
by sls239
Fri Nov 15, 2019 7:07 pm
Forum: Personal Investments
Topic: Separate $ in...retirement??
Replies: 38
Views: 3510

Re: Separate $ in...retirement??

I think your wife values her independence and is potentially afraid of losing that in retirement. Try and empathize with that. She speaks as if she simply wants to be in charge of her own life, not that she wants to hoard her money away from you or blow through it all. I don't think drastic changes ...
by sls239
Fri Nov 15, 2019 6:08 pm
Forum: Investing - Theory, News & General
Topic: Letting retirement funds grow, without further contribution
Replies: 38
Views: 2120

Re: Letting retirement funds grow, without further contribution

Is there a match? Do you need reduce your AGI? Would a contribution qualify for the retirement savers tax credit?

In short - never turn down free money.
by sls239
Fri Nov 15, 2019 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: California Divorce, Our Son
Replies: 28
Views: 4044

Re: California Divorce, Our Son

Absolutely this is a matter of specific state laws.

It may well be that contributions made to an account before marriage are considered separate property but earnings on the account during the marriage could be considered marital property.
by sls239
Fri Nov 15, 2019 5:39 pm
Forum: Personal Consumer Issues
Topic: Bigger car for baby?
Replies: 62
Views: 2636

Re: Bigger car for baby?

My advice is to wait. Until the child is about two or three years old and you can rule out some major medical or developmental issues. Having a child can change finances drastically, can change lifestyles drastically, and it is better to get a handle on that first. Do whatever you need to do in the ...
by sls239
Wed Oct 09, 2019 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma buying a new house
Replies: 31
Views: 2698

Re: Dilemma buying a new house

I've done all the combinations. Sell rent buy; same day close; buy then sell. My favorite was buy then sell. And you know who buys homes winter? People who really don't have much choice as to when they move and don't want to rent or people who have been waiting for a house like yours to come on the ...
by sls239
Mon Oct 07, 2019 7:11 pm
Forum: Personal Consumer Issues
Topic: Document Storage: what format? (paper, fiche, scan,..?)
Replies: 43
Views: 3796

Re: Document Storage: what format? (paper, fiche, scan,..?)

I got the scansnap based on the recommendations here previously. It has been glorious. It has seen me through the purchase and sale of two houses, one car, and a divorce. I also scan in a selection of my kid's schoolwork and test scores. And greeting cards. And medical records because the school is ...
by sls239
Sat Aug 17, 2019 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Moving for better public schools?
Replies: 64
Views: 5514

Re: Moving for better public schools?

I don't know what AP classes have to do with educational opportunity. Where I live, plenty of the kids are taking significant coursework through special programs. Some of that coursework doesn't have a corresponding AP class, and some does, but the class is through the CC. None of that will show up ...
by sls239
Fri Jun 14, 2019 7:04 pm
Forum: Personal Consumer Issues
Topic: (Water Filtration System) Miracle we are all not dead
Replies: 61
Views: 6017

Re: (Water Filtration System) Miracle we are all not dead

Also, for those concerned about chlorine or simply sensitive to the odor, it breaks down readily. Just leaving a pitcher of water in the fridge overnight - no filter needed - will significantly reduce the amount of chlorine. That said, I use a pur filter because I do worry a bit about cryptococcus. ...
by sls239
Fri Jun 07, 2019 7:07 pm
Forum: Personal Consumer Issues
Topic: Refrigerator Advice
Replies: 46
Views: 3603

Re: Refrigerator Advice

Since you bought the french-door style I have two pieces of advice

1) Get a fridge bin for raw meat - if you eat meat - to absolutely prevent cross contamination
2) Place boxes in the freezer on their sides, as if you were filing them in a filing cabinet.
by sls239
Tue Apr 02, 2019 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: 11-year old with iPhone - advice on how best to manage?
Replies: 68
Views: 5143

Re: 11-year old with iPhone - advice on how best to manage?

I got my 12 yo son a Motorola Android phone and use the "family link" app. It lets you set a certain amount of time the phone can be used for something other than talking, and I let him manage that time as he sees fit. But it goes away when they turn 13, unless you lie about the age when setting it ...
by sls239
Fri Mar 29, 2019 9:58 pm
Forum: Investing - Theory, News & General
Topic: Help on Women and Investing
Replies: 90
Views: 6036

Re: Help on Women and Investing

Also, there's a family finances board on Babycenter that has been going strong for many years which is mostly women giving advice to women.

In such an environment, there is a general acceptance of the specific challenges women face due to our culture and not denials of their existence.
by sls239
Fri Mar 29, 2019 9:22 pm
Forum: Personal Investments
Topic: $480K, no job, special needs kids, what to do?
Replies: 52
Views: 6012

Re: $480K, no job, special needs kids, what to do?

Do you live or can live with a family member that could "watch" the kids when they are sleeping? If so, pursuing part-time work could really help. Places like Starbucks often are desperate for some to work the very early hours, and that could get you earned income which would get you the earned inco...
by sls239
Sat Jul 14, 2018 8:56 pm
Forum: Personal Consumer Issues
Topic: Amazon won't sell this book to me.
Replies: 68
Views: 9286

Re: Amazon won't sell this book to me.

I think the irony here is that Amazon started as a low-cost bookseller. But the responses here - "Someone else will sell you the book" and "Who cares if Amazon has the cheapest price?" It is almost as if the reasons people liked Amazon in the first place are disappearing. And maybe they aren't impor...
by sls239
Sun Jun 03, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Re-marriage and claiming social security on ex-spouse
Replies: 10
Views: 2047

Re: Re-marriage and claiming social security on ex-spouse

I read it the way you read it and it is on the ssa.gov site.

And it makes sense to me.

Have you tried E-mail?

And the wording seems to be that certain marriages are "disregarded" so using that phrasing may help.
by sls239
Sun Jun 03, 2018 1:27 pm
Forum: Personal Investments
Topic: Advice needed for firing investment advisor and hiring Vanguard--Fidelity or Schwab
Replies: 12
Views: 2018

Re: Advice needed for firing investment advisor and hiring Vanguard--Fidelity or Schwab

My advice is to consider if there is a reason you think the generic portfolio recommendations would not be appropriate for you.

Are those reasons far out of the ordinary and large on financial impact?

If so, be prepared to pay for more specialized service.

If not, go cheap.
by sls239
Sun Jun 03, 2018 11:06 am
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 4821

Re: Friends with an EJ Advisor

How about something like this - "I know that EJ is your employer, but they are not a company I would ever do business with and so I won't go to the open house because that is what I would have to tell anyone who asked me."
by sls239
Mon Apr 30, 2018 10:03 pm
Forum: Personal Consumer Issues
Topic: Learning to drive a stick [car with manual transmission]
Replies: 126
Views: 9693

Re: Learning to drive a stick [car with manual transmission]

I taught my spouse how to drive my car, which was a manual transmission because we were going to France and I was technically too young to rent the car myself. We get there and it isn't just a manual transmission, it is also a diesel, parked in a gravel lot on an incline. So I ended up driving anywa...
by sls239
Thu Mar 08, 2018 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 349
Views: 55025

Re: Does anyone here with net worths north of $1 mil use financial advisors?

This sounds like the typical guy that thinks being a millionaire must mean doing something much more dramatic than saving 20% of your under $100k income for 15 years and investing it in total market funds.

Hint: it doesn't.
by sls239
Thu Mar 08, 2018 8:08 pm
Forum: Personal Consumer Issues
Topic: Buying a house before selling a house
Replies: 29
Views: 2834

Re: Buying a house before selling a house

Are you looking at the lines for a particular elementary or middle school?

Many districts have a policy that will allow kids to stay in a school for a final year of elementary or middle school as long as you still live in the district as a whole.
by sls239
Thu Mar 08, 2018 7:32 pm
Forum: Personal Consumer Issues
Topic: 30 year fixed vs 7 year ARM
Replies: 37
Views: 4246

Re: 30 year fixed vs 7 year ARM

That's a high margin and a high initial adjustment.

That means that keeping the ARM after the first 7 years is not going to be cost effective.
by sls239
Sun Feb 18, 2018 12:40 am
Forum: Personal Consumer Issues
Topic: Vancouver Vacation (Canada)
Replies: 18
Views: 2089

Re: Vancouver Vacation (Canada)

We got a kite and flew it on the shore.
by sls239
Tue Jan 02, 2018 11:16 am
Forum: Investing - Theory, News & General
Topic: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?
Replies: 156
Views: 21879

Re: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?

CULater wrote:
Tue Nov 28, 2017 10:21 pm
Just wondering -- who takes the other side of the trade on factor funds and why are they so dumb? Oh, I guess it's us market index fund investors...
I don't think it is the total market investors. I think it will be mostly other factor investors, and possibly doing so unwittingly.
by sls239
Fri Nov 24, 2017 7:21 pm
Forum: Personal Consumer Issues
Topic: Target Pre-pay phones on Thanksgiving in store issues
Replies: 13
Views: 1680

Re: Target Pre-pay phones on Thanksgiving in store issues

I went to Target Thursday and left without buying anything because it was so poorly organized. Walmart on the other hand was an absolute breeze and it has been for several years now. I know one difference is that Target left all their regular merchandise in place, Walmart moved a lot of regular merc...
by sls239
Tue Nov 14, 2017 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Why pay cash for a car?
Replies: 250
Views: 36165

Re: Why pay cash for a car?

I paid cash for my last car because 1) It was used 2) I asked if there would be a finance fee and the salesperson said yes 3) We had a second 10+ year old car that could also end up needing replaced at any time 4) I don't want any more inquiries or debt on our credit report than we have to because i...
by sls239
Sat Oct 28, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Repair (new engine) 2005 Mazda 3?
Replies: 26
Views: 1991

Re: Repair (new engine) 2005 Mazda 3?

If keeping the car allows you to avoid paying for full coverage insurance with an accident on your record, then it makes more sense.
by sls239
Thu Sep 14, 2017 7:12 pm
Forum: Personal Consumer Issues
Topic: Can not decide between washing machines
Replies: 47
Views: 4139

Re: Can not decide between washing machines

My advice for anyone getting a front loader - Make sure your floor is strong and hard. Make sure the front loader is completely level from side to side and front to back. Make sure they remove the entirety of the stabilizing kit, and if you ever choose to move the front loader (which I don't recomme...
by sls239
Thu Sep 07, 2017 11:51 am
Forum: Personal Finance (Not Investing)
Topic: how often does high ACT score == scholarship?
Replies: 102
Views: 12043

Re: how often does high ACT score == scholarship?

Well my suggestion is to go ahead and do the applications. But also, have your child reached out to the people running the actual programs he might be interested in. I think a lot of HS students are intimidated, but IME, the ones that are bold enough are often told that money can be found (or work-s...
by sls239
Thu Aug 31, 2017 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Capital One Credit Cards - Disaster
Replies: 42
Views: 6822

Re: Capital One Credit Cards - Disaster

I would expect that anytime there is fraud involved with a credit card issuer that all the accounts will be closed and new accounts created. This would necessitate re-establishing all bill pays from those accounts and establishing online access and payments to those new accounts. I think expecting y...
by sls239
Thu Aug 31, 2017 9:32 am
Forum: Personal Consumer Issues
Topic: Hurricane Harvey has me rethinking my approach to disaster preparations
Replies: 72
Views: 8267

Re: Hurricane Harvey has me rethinking my approach to disaster preparations

I think you have to realize that the decision made by officials to evacuate an area is just not the same as an individual's decision to evacuate. In this case, the officials knew they couldn't pull off a full evacuation of the area in the time allotted. But a person with good resources could have ea...
by sls239
Tue Jul 18, 2017 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Rates in 3 years?
Replies: 26
Views: 3607

Re: Mortgage Rates in 3 years?

The easiest way to find out what is reasonable for you is to try it. Start by pretending your housing costs X / month more than your rent. Put X into a savings account. Every few months, evaluate how it is going. 3 years from now you should know exactly how much per month you can spend on housing an...
by sls239
Tue Jul 18, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: 4% mortgage rate vs 2.5% BND yield
Replies: 92
Views: 12942

Re: 4% mortgage rate vs 2.5% BND yield

I'll raise my hand and say if my mortgage rate was 4%, I'd be paying it down. People think about locking in a low rate for 30 years, but for a lot of people, it doesn't last nearly that long. I think the average home is owned about 7 years. Some people have the privilege or the delusion of knowing m...
by sls239
Tue Jul 18, 2017 2:17 pm
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 228
Views: 29443

Re: Buying house - Very important decision

There is one good way to know if you can afford it. Pretend you made that decision, then live with it. That is - take the estimated housing cost, out of that pay your rent, then put the remainder in the bank. Do that for 6 months at least. After those 6 months, you'll know whether you want to contin...
by sls239
Tue Jul 18, 2017 1:02 pm
Forum: Personal Consumer Issues
Topic: kitchen appliance recommendations, esp refrigerator
Replies: 32
Views: 4268

Re: kitchen appliance recommendations, esp refrigerator

I really like our Kenmore elite fridge. It is made by LG. It is actually the second Kenmore elite fridge I bought. I bought the first one in our last house and the buyers specifically wrote in that they wanted the fridge and made a full price offer so... What I particularly like about my fridge - it...
by sls239
Sun Jul 09, 2017 10:09 pm
Forum: Investing - Theory, News & General
Topic: Weak Evidence for International in Vanguard Research - Am I Missing Something?
Replies: 77
Views: 8508

Re: Weak Evidence for International in Vanguard Research - Am I Missing Something?

I'll preface by saying I'm not trying to be political - But I think this question comes up because when people look at risk, an awful lot of people aren't just looking at the risk of losing money, they are looking at what the loss of that money would mean to their lives . People point to Japan as a ...
by sls239
Fri May 19, 2017 10:25 am
Forum: Investing - Theory, News & General
Topic: mortgage down payment levels
Replies: 7
Views: 1281

Re: mortgage down payment levels

I think that is just a response to the changes in PMI with FHA loans. That 11 years of PMI for having a 10% down-payment just invites banks to offer an alternative - a slightly higher rate but no PMI is my guess.
by sls239
Fri May 19, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Negotiating an apartment lease
Replies: 7
Views: 1208

Re: Negotiating an apartment lease

Common things to ask for at lease renewal are updates that the vacant apartments are getting before being rented back out - like an appliance or flooring upgrade or a ceiling fan. If there is a clubroom or common space that has a use fee, you could ask for a free one-time use of that. And if you are...
by sls239
Wed May 17, 2017 9:20 am
Forum: Personal Investments
Topic: Fee help
Replies: 11
Views: 1319

Re: Fee help

Here's what it sounds like to me - You have an investment option - that investment option lists an expense ratio. You are getting a refund of some of that - the "fee adjustment". Then the cost of administering the plan is being charged - the "plan administrative services" And because the "fee adjust...
by sls239
Wed May 17, 2017 9:03 am
Forum: Personal Finance (Not Investing)
Topic: How much house? How large of a down payment? Infinite permutations are driving me batty
Replies: 36
Views: 4058

Re: How much house? How large of a down payment? Infinite permutations are driving me batty

I think renting until the child is about 3 is a good idea. A lot of issues that are medically or educationally challenging become apparent by that age, but it still gives you plenty of time to find a house before school starts.
by sls239
Thu May 11, 2017 10:02 am
Forum: Personal Finance (Not Investing)
Topic: House Deed Covenant Enforceability
Replies: 43
Views: 4809

Re: House Deed Covenant Enforceability

Why would you want them to turn unsecured credit card debt into debt secured by the home they are living in, covenant or no covenant? I think it is a better strategy to just try and get the interest rates on the credit cards down and help them accelerate their payoffs. I've heard that some credit ca...
by sls239
Thu May 11, 2017 9:37 am
Forum: Personal Finance (Not Investing)
Topic: What home improvements are worth it
Replies: 37
Views: 7033

Re: What home improvements are worth it

I've replaced the kitchen faucet on the last 2 houses I've lived in. It is neither difficult nor expensive. You use that faucet every day, get one you like. Don't wait.
by sls239
Thu May 11, 2017 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Help my friend give away his estate
Replies: 34
Views: 5380

Re: Help my friend give away his estate

If the friend is going to wait until he dies to give the money away, why would he expect the children to not wait until they die to give that money away and so forth? My suggestion is to choose the best charities and give as much away as soon as possible. In theory, a good charity produces a much gr...
by sls239
Sat May 06, 2017 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Taking over lease of Luxury car, good deal? Anything else to know?
Replies: 19
Views: 2440

Re: Taking over lease of Luxury car, good deal? Anything else to know?

According to KBB, the depreciation for this car in year 1 is approx $16K, depreciation for years 2 and 3 is about $7K total. So based on that, I would say no, this is not a good deal. Buying a used one and driving it for a year and selling it would be a much cheaper way to try it out. https://www.kb...
by sls239
Wed May 03, 2017 4:46 pm
Forum: Personal Consumer Issues
Topic: Need a car for 9-12 months
Replies: 21
Views: 2614

Re: Need a car for 9-12 months

Well if you aren't going to put many miles on it , I think it makes sense to look for a used vehicle that is newer but higher mileage. Then your low mileage evens it out, maximizing resale value.

And I'd go for a Mazda or Hyundai sedan so that you get a decent price but still good reliability.
by sls239
Wed May 03, 2017 4:33 pm
Forum: Personal Consumer Issues
Topic: Time to upgrade bed/bath linens
Replies: 23
Views: 3287

Re: Time to upgrade bed/bath linens

I'd suggest Land's End for all of that. And another +1 on the percale if you want crisp. You should be able to get 20 - 30% off the standard price.

And the exception would be, if you use them, washcloths. I like thinner cheaper washcloths better.
by sls239
Tue May 02, 2017 3:21 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 40521

Re: Where to Live on $60K or Less a Year?

My first thought before reading your list was, if you are a retiree, Bella Vista Arkansas. It is near Bentonville, which is already on your list, but a little more rural. The weather is really good there. My mom lived near there and didn't have a car and could make it to the grocery store on foot ye...
by sls239
Tue May 02, 2017 11:14 am
Forum: Personal Consumer Issues
Topic: Buying first home with old hvac
Replies: 92
Views: 17050

Re: Buying first home with old hvac

Generally, the age of a major component like the HVAC would be in the seller's disclosure form. Did you get that form? If not, I would say that is a bigger problem. If you did get it before you made the offer, then the age of the HVAC isn't an inspection issue.
by sls239
Fri Apr 28, 2017 8:51 pm
Forum: Personal Consumer Issues
Topic: 7 car noises you should never ignore
Replies: 23
Views: 5002

Re: 7 car noises you should never ignore

"I don't feel good."
by sls239
Thu Apr 27, 2017 9:50 am
Forum: Personal Consumer Issues
Topic: Summer vacation, Lake Ouachita, Hot Springs, AR
Replies: 12
Views: 1714

Re: Summer vacation, Lake Ouachita, Hot Springs, AR

You could take him to the diamond mine or one of the quartz mines. You'd want to go as early in the morning as possible and bring a change of clothes. Personally, I thought Hot Springs was on the boring side for a young child. The hiking around on the bluffs is great though. I like to position littl...