Search found 916 matches

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: 1283

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: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 179
Views: 15306

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: 1342

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: 2899

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: 85
Views: 5299

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: 5585

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: 6793

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: 2743

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: 7693

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: 21356

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: 2443

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: 6943

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: 1050

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: 952

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: Investing - Help with Personal Investments
Topic: Fee help
Replies: 11
Views: 1066

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: 3436

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: 4010

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: 6149

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: 4737

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: 1851

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: 2063

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: 2498

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: 31112

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: 6266

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: 4238

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: 1238

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...
by sls239
Thu Apr 27, 2017 9:16 am
Forum: Personal Finance (Not Investing)
Topic: putting more than 20% down on new home purchase
Replies: 41
Views: 5738

Re: putting more than 20% down on new home purchase

I think it makes more sense to try and funnel the money from the taxable brokerage account into tax advantaged retirement accounts instead of funneling that money into home equity.
by sls239
Thu Apr 27, 2017 8:46 am
Forum: Personal Consumer Issues
Topic: When does it make sense to stop paying to repair your old vehicle?
Replies: 56
Views: 4687

Re: When does it make sense to stop paying to repair your old vehicle?

Well I don't know about where you live, but there are definitely areas of the country where what you can get for an older truck that runs has very little to do with book value. If you still use the truck portion of the vehicle, my guess is that it makes sense to keep it. If you don't really, then pa...
by sls239
Wed Apr 26, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: First Mortgage, need help with financial considerations (15 vs. 30 year)
Replies: 24
Views: 2402

Re: First Mortgage, need help with financial considerations (15 vs. 30 year)

Also, with an ARM, you can actually calculate how much extra principle you'd need to pay in order to guarantee the same or lower payment after adjustment by looking at the maximum adjustments. It may require less money to do that on a monthly basis than to make the 15 year payment. You just have to ...
by sls239
Wed Apr 26, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Advice for shareholder advocacy?
Replies: 3
Views: 358

Re: Advice for shareholder advocacy?

Is there a large shareholder group that is already doing advocacy? I think it might be reasonable to try and get the concern added to what that group is doing.

Strength in numbers and all that.
by sls239
Wed Apr 19, 2017 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Wife's Money - 50K - Her Advisor vs My DIY - Help
Replies: 67
Views: 6423

Re: Wife's Money - 50K - Her Advisor vs My DIY - Help

I'm still not clear on what this money is to be allocated for. I'm pretty sure it is not actually for a $50K vacation 5-10 years from now. Most families use some version of sinking funds for vacations - that is they allocate a monthly amount out of their current income and plan vacations approximate...
by sls239
Mon Apr 17, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Where to Invest 1st $2000 of Coverdell ESA
Replies: 8
Views: 653

Re: Where to Invest 1st $2000 of Coverdell ESA

The benefit a Coverdell offers is tax free growth . Investing aggressively and holding long term would maximize that benefit. Obviously if you are using a Coverdell specifically for primary and secondary school, you just won't get as much benefit. I don't know where you intend to open the account, b...
by sls239
Fri Apr 14, 2017 8:39 am
Forum: Personal Finance (Not Investing)
Topic: New Home - Design Center Options - making smart choices
Replies: 30
Views: 3069

Re: New Home - Design Center Options - making smart choices

I thought that cultured marble was the default for bathroom counters, not laminate. You may want to double check that. There's not really anything wrong with cultured marble. Common upgrades involve lighting - the pre-wiring for ceiling fans, undercabinet lighting, but also you may want more actual ...
by sls239
Thu Mar 23, 2017 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: What building year I should seek when shopping for a house?
Replies: 33
Views: 2908

Re: What building year I should seek when shopping for a house?

I think that quality becomes pretty obvious in 10-20 year old homes. But also, neighborhoods tend to have a life-cycle. New neighborhoods tend to have very young children. Neighborhoods of 10 year old homes have a lot of 10 year old children. Neighborhoods of 20 year old homes tend to have a lot of ...
by sls239
Fri Mar 17, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating tips for selling condo to tenant
Replies: 35
Views: 3631

Re: Negotiating tips for selling condo to tenant

Have you considered that an investor might be interested in it right now with the tenants already in place? You might not need to wait until August. And I think that is the kind of opportunity that you might miss by not going with a realtor.
by sls239
Fri Mar 17, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Convincing Someone To Dump A Bad Financial Advisor
Replies: 39
Views: 3935

Re: Convincing Someone To Dump A Bad Financial Advisor

Basically what you need to do is focus on what will convince her which is very much not the same thing that convinced you. You could ask her if she feels comfortable having $X amount of her money invested in the stock market. You could ask her "So how did you and FA decide on that allocation?" Quest...
by sls239
Fri Mar 17, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Paralysis by Analysis
Replies: 12
Views: 1349

Re: Paralysis by Analysis

Do you find yourself needing the EF for expected but irregular expenses - like a major home repair or a medical deductible, or does your budget cover those adequately with "sinking funds" and still have $1600 surplus?

Is the car loan upside down?
by sls239
Fri Mar 17, 2017 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Is buying I-Bonds in Kids' name for College a good idea?
Replies: 5
Views: 526

Re: Is buying I-Bonds in Kids' name for College a good idea?

Well the bonds will legally be theirs and they won't be restricted to using it just for college tuition. And why do I-bonds interest you when college is just a few years away? There really isn't time for inflation to go really haywire is there? Why not just do a contribution to a 529 with a good bon...
by sls239
Fri Mar 17, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Suspicious organic products
Replies: 101
Views: 7289

Re: Suspicious organic products

Personally, I've decided to forego organic for most things, all else being equal, in favor of contributions to The Nature Conservancy. And I think that is a reasonable strategy type for someone who is unsure of what value they are getting from the organic label and not interested in making the time ...
by sls239
Fri Mar 17, 2017 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Does new job affect pre-qualifying for mortgage?
Replies: 18
Views: 1450

Re: Does new job affect pre-qualifying for mortgage?

If his income is sufficient, then they wont care at all about her income and that might be the easiest way to go about it if possible.

If not possible, the offer letter stating the annual salary should be enough.
by sls239
Wed Mar 15, 2017 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!
Replies: 223
Views: 50097

Re: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!

You said you were trying to be "unemotional" about this, but attempting to ignore emotions in a situation that is legitimately charged with emotion can easily mean you are making emotional decisions, but doing so from a place of denial or fear and not actually a place of pragmatism. And ju...
by sls239
Tue Mar 14, 2017 1:19 pm
Forum: Personal Consumer Issues
Topic: Time Saving Tactics: Kids Edition
Replies: 57
Views: 4383

Re: Time Saving Tactics: Kids Edition

There are ways to supervise children and get things done at the same time . You put the little one in a safe place, put on a audio book or some reasonably kid friendly music and get to work. You can even sing to your little one. Or you can talk to your little one about what you are doing. Or you can...
by sls239
Tue Mar 14, 2017 12:55 pm
Forum: Investing - Theory, News & General
Topic: Why don't things "feel" bubbly?
Replies: 76
Views: 9929

Re: Why don't things "feel" bubbly?

I think it is because the average American worker isn't in bubbly circumstances. And the below average are in dire straits. There's a county in my state with an unemployment rate over 17%. And so I guess you could ask yourself could the stock market specifically be de-coupled from the economic circu...
by sls239
Tue Mar 14, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Laminate flooring that looks like hardwood
Replies: 25
Views: 2319

Re: Laminate flooring that looks like hardwood

I only had a brief experience with Armstrong laminate, but I really liked it. Personally, I just don't go for the "distressed" look. It looked like hardwood, only more perfect. Nothing scratched it or even damaged the texture embossed on the top coat. I did manage to damage it, as when I w...
by sls239
Thu Mar 09, 2017 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Clawback of sales commissions earned
Replies: 42
Views: 3713

Re: Clawback of sales commissions earned

This is probably the most relevant page on TWC site.

http://www.twc.state.tx.us/news/efte/pa ... ments.html
by sls239
Wed Mar 08, 2017 7:51 pm
Forum: Personal Consumer Issues
Topic: 2017 Honda Civic not recommended by Consumer reports
Replies: 44
Views: 9493

Re: 2017 Honda Civic not recommended by Consumer reports

In my experience, even when a Honda has issues, they stand behind their product often extending warranties, issuing technical bulletins and the like.
by sls239
Tue Mar 07, 2017 3:22 pm
Forum: Personal Consumer Issues
Topic: Paint kitchen cabinets or change wood floor color?
Replies: 11
Views: 1253

Re: Paint kitchen cabinets or change wood floor color?

What color is the countertop? The walls?
by sls239
Tue Mar 07, 2017 3:12 pm
Forum: Personal Consumer Issues
Topic: When & how much to donate?
Replies: 108
Views: 8431

Re: When & how much to donate?

Philosophically, I think it is always a balancing act. I think that the odds are good that many charities can give a better "return on investment" than the stock market can. So I think that giving as soon as you are ready to part with the money is better than accumulating it. The reason to...
by sls239
Wed Mar 01, 2017 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Maxing out Roths vs starting 529s vs continuing extra mortgage payments
Replies: 12
Views: 1318

Re: Maxing out Roths vs starting 529s vs continuing extra mortgage payments

Can you get the house paid off entirely before the eldest starts college?

Cash flow is the only reason I see to continue the extra house payments, and it only works if you get the cash flow when you need it.
by sls239
Wed Mar 01, 2017 4:49 pm
Forum: Personal Consumer Issues
Topic: Climate and happiness revisited
Replies: 111
Views: 8827

Re: Climate and happiness revisited

You are obviously missing the joy of nerf guns.