Search found 1075 matches

by LarryAllen
Mon Sep 24, 2018 12:36 pm
Forum: Personal Consumer Issues
Topic: Vacation without saving adequately?
Replies: 38
Views: 1970

Re: Vacation without saving adequately?

I'd do the trip. Just try to do it prudently. Or go drive for Uber for a month or two and earn the money in your free time!
by LarryAllen
Sun Sep 23, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: Ventilated car seats?
Replies: 36
Views: 2003

Re: Ventilated car seats?

Had heated/cooled seats in the last two cars and really enjoyed on a cold/hot day. My new car only has heated and I am a little sad.

Every manufacturer tells you why theirs is better system than the others. It's all about the same in my opinion

It does help on a hot day though for sure.
by LarryAllen
Sun Sep 23, 2018 1:46 pm
Forum: Personal Consumer Issues
Topic: What to wear for job interview - skip the tie?
Replies: 83
Views: 8690

Re: What to wear for job interview - skip the tie?

I would tell my kid to wear a tie to interview at McDonalds.
by LarryAllen
Thu Sep 20, 2018 10:11 am
Forum: Personal Consumer Issues
Topic: Painting kitchen cabinet
Replies: 23
Views: 1283

Re: Painting kitchen cabinet

I would re-face them. We got all new kitchen cabs and re-painted some hallway cabs and the hallway cabs look old. Spend some money and at least put new doors on them if not all new.
by LarryAllen
Tue Sep 18, 2018 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: $4900.00 INHERITED IRA
Replies: 9
Views: 886

Re: $4900.00 INHERITED IRA

Cash it out! Simplify. Less is more.
by LarryAllen
Tue Sep 18, 2018 11:16 am
Forum: Personal Consumer Issues
Topic: Consumer Issue - Storage Unit Rental
Replies: 14
Views: 1122

Re: Consumer Issue - Storage Unit Rental

Honestly.....craigslist.....yard sale.....eBay. Unload the things that you need to store. +100 Why people need to store stuff is beyond me as well. Material possessions only cost you time and money. So true. We made a huge clean out this past weekend. It's so re-freshing to get stuff out of the hou...
by LarryAllen
Tue Sep 18, 2018 8:42 am
Forum: Personal Consumer Issues
Topic: Consumer Issue - Storage Unit Rental
Replies: 14
Views: 1122

Re: Consumer Issue - Storage Unit Rental

If you tell them professionally, without a big back story, maybe they won't raise your rates. You don't know if you don't try. I would not go in sounding like a complainer and do not mention calling the attorney general. Just say "I wish to take the insurance coverage off my unit as I determined I h...
by LarryAllen
Mon Sep 17, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 78
Views: 6755

Re: Is there such thing as saving TOO much?

At your age there is no such thing as saving too much as long as you are happy with your choices and it sounds like you are. Life is long and stuff happens that you don't expect so keep saving! Keep over-saving in fact! The more you do the sooner you can retire or work less. Keep up the good work.
by LarryAllen
Mon Sep 17, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Provding SSN for Estate Planning--Why?
Replies: 22
Views: 1639

Re: Provding SSN for Estate Planning--Why?

It used to be needed because a lot of retirement accounts were linked by SSN. So for people that were modifying their beneficiaries (perhaps their contingent beneficiaries) to link to their trust the SSN was necessary. Now I would say it is not necessary as the practice of using SSNs with accounts h...
by LarryAllen
Sat Sep 15, 2018 4:02 pm
Forum: Personal Consumer Issues
Topic: HOA Donation in Remembrance of Deceased Owner
Replies: 40
Views: 2923

Re: HOA Donation in Remembrance of Deceased Owner

Totally wrong in my opinion and I would be bothered and not a lot of stuff bothers me. The HOA should be stewards of money only. It's not a feel good group.
by LarryAllen
Fri Sep 14, 2018 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: How am I doing? -- 32 y/o lawyer in Bay Area
Replies: 32
Views: 4301

Re: How am I doing? -- 32 y/o lawyer in Bay Area

Thesaints wrote:
Fri Sep 14, 2018 6:10 pm
HEDGEFUNDIE wrote:
Fri Sep 14, 2018 6:03 pm
Assuming a 20% down payment, a $300k salary can afford you a $1.5M house and still allow you to save $100k/yr.
???
The OP saves not much more than that right now, with no mortgage.
LOL. I was thinking the same thing. That's pretty aggressive. No car, no vacation, etc....
by LarryAllen
Fri Sep 14, 2018 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Living trusts and relabeling accounts
Replies: 33
Views: 2371

Re: Living trusts and relabeling accounts

Hello all, Tried googling this over the bogleheads site, but did not get any decent information, so hope this isn't a FAQ. As part of our wills, my wife and I established a family trust since our assets are substantial (~5M). I've been told that I need to relabel my accounts to indicate that they b...
by LarryAllen
Thu Sep 13, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Buying townhome/home -- need opinions
Replies: 26
Views: 1898

Re: Buying townhome/home -- need opinions

I would look and get a really good feel for the market. Know it backwards and forwards. Then when you see "the" house you'll know if it's a fair price or not. There is no rush. Be patient.
by LarryAllen
Tue Sep 11, 2018 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: How to get an asset based mortgage
Replies: 4
Views: 440

Re: How to get an asset based mortgage

Hard money loan on the house. Higher interest rate and a couple of points.
by LarryAllen
Mon Sep 10, 2018 9:37 pm
Forum: Personal Consumer Issues
Topic: Can Sneakers go with Business Casual?
Replies: 172
Views: 8120

Re: Can Sneakers go with Business Casual?

Leemiller wrote:
Sat Sep 08, 2018 12:04 pm
Absolutely not.
Agreed. Except I will modify to say ABSOLUTELY NOT!
by LarryAllen
Wed Sep 05, 2018 7:43 pm
Forum: Personal Consumer Issues
Topic: Selling a car to CarMax
Replies: 74
Views: 5727

Re: Selling a car to CarMax

Has not been my experience. Yes cars, autotrader, etc.... have ASKING prices 15% above what Carmax will get you but cars can sit there for months at those asking prices. If you want to sell a car quickly, for a fair price, and without hassle Carmax is great. Having sold cars in every imaginable way...
by LarryAllen
Tue Sep 04, 2018 9:31 pm
Forum: Personal Consumer Issues
Topic: Selling a car to CarMax
Replies: 74
Views: 5727

Re: Selling a car to CarMax

You sell to CarMax for convenience. They're going to give you a better deal than you would get at other dealers. You'll be able to sell private party for at least 15% more in pretty much every case. So it depends on what's worth the hassle to you. Get an offer. Check what comparable vehicles are se...
by LarryAllen
Tue Sep 04, 2018 9:27 pm
Forum: Personal Consumer Issues
Topic: Selling a car to CarMax
Replies: 74
Views: 5727

Re: Selling a car to CarMax

Private party sales will always be more profitable than selling to CarMax. Only for people whose time isn't worth much. My time is way too valuable to jerk around with tire kickers, emails asking some specific question and no follow up by them, and twice I have had to go the buyer's bank when selli...
by LarryAllen
Tue Sep 04, 2018 10:03 am
Forum: Personal Consumer Issues
Topic: Selling a car to CarMax
Replies: 74
Views: 5727

Re: Selling a car to CarMax

2001 BMW 330i w/ 54k miles sold in 2015. Dealer trade-in offer: $1200. CarMax offer: $4000. Sold to private party through Auto Trader in two days: $8000. +1 I think this is a good illustration of how much what you get will vary depending on how you decide to sell. Private party is the best option. ...
by LarryAllen
Mon Sep 03, 2018 5:28 pm
Forum: Personal Consumer Issues
Topic: Selling a car to CarMax
Replies: 74
Views: 5727

Re: Selling a car to CarMax

No haggling. CarMax is a public company. If you check their financials their gross margin is around 15%. In my experience that’s around the discount between what they offer you and what they flip it for. I agree with you. I think about 15% does seem to be about where they are. Which I will add is a...
by LarryAllen
Mon Sep 03, 2018 5:25 pm
Forum: Personal Consumer Issues
Topic: Selling a car to CarMax
Replies: 74
Views: 5727

Re: Selling a car to CarMax

CarMax is awesome. In my experiences they have paid VERY fair prices and without any hassle. You go sit there for 30-45 minutes while they inspect the car and they give you a price. They do not haggle on buys or sells. They even give you a week where you can try to sell it for more. Part of it depen...
by LarryAllen
Fri Aug 31, 2018 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Term life insurance: now or workout first
Replies: 23
Views: 2322

Re: Term life insurance: now or workout first

Buy your insurance now to protect your family.

Start a reasonable workout routine as it helps prevent numerous medical problems as you age.

Then in a couple years get new term insurance.
by LarryAllen
Thu Aug 30, 2018 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need Term Life Insurance?
Replies: 17
Views: 1501

Re: Do I need Term Life Insurance?

I would get about $2.5m at least on a 20 year term. Take care of your family. It's cheap.
by LarryAllen
Wed Aug 29, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: Bone in my food
Replies: 107
Views: 4084

Re: Bone in my food

You eat real food and you might get real animal parts in your food. It doesn't happen much but it happens.

I'd be interested what type of compensation you are expecting for this as it seems pretty minor to me.
by LarryAllen
Wed Aug 29, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21656

Re: Decent compensation to move to Bay Area CA?

There is no traffic when your company provides a free shuttle (with wifi). You can sleep, work, email, surf internet, read a book, chat with colleagues. Also you can share the commute. When I was living in San Francisco and working in Santa Clara (100 miles total) I was commuting with a friend. I w...
by LarryAllen
Tue Aug 28, 2018 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Wanting to retire early. Is my math right?
Replies: 29
Views: 3703

Re: Wanting to retire early. Is my math right?

Great job being able to leave so cheaply. I am sincerely impressed with anybody who can do that. However, it seems you are both living cheaply and planning on good returns on your investments. To me it's a bit slim. I would plan to work until 50 if I were in your shoes.
by LarryAllen
Tue Aug 28, 2018 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Wills and children
Replies: 25
Views: 2869

Re: Wills and children

Some people keep it as a family pot trust with trustee discretion (NOT the 20 year old) and then flip it to 1/3 each when the youngest reaches a set age (15 or 20 maybe). The problem is there is no perfect answer. The nice thing about three equal shares is the youngest could actually end up with the...
by LarryAllen
Mon Aug 27, 2018 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Game Changing Inheritance of Stocks! Now what?
Replies: 75
Views: 7024

Re: Game Changing Inheritance of Stocks! Now what?

I had a similar dilemma when my parents died. Received several shares of brka. I opted to keep one partly out of sentimental reasons and partly as an investment I wanted to keep. To me it was more important to be truly diversified than to own a lot of one stock (even a diversified one stock). Plus I...
by LarryAllen
Mon Aug 27, 2018 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21656

Re: Decent compensation to move to Bay Area CA?

No way I would make that move with those numbers. If I were making $200k in the Bay Area and could move to Charlotte and make $140k I would though. I would feel like a big baller! I have been to Charlotte. Great city. I would stay put if I were you.
by LarryAllen
Fri Aug 24, 2018 6:41 pm
Forum: Personal Consumer Issues
Topic: Landlord Nightmare
Replies: 90
Views: 9511

Re: Landlord Nightmare

I would do nothing until they sue you. Then hire an experienced real estate attorney to deal with it.
by LarryAllen
Thu Aug 23, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: To buy or hold for housing crash in Bay Area CA
Replies: 27
Views: 2950

Re: To buy or hold for housing crash in Bay Area CA

I would wait but I would not expect a "crash." I would expect modest reductions (15-20%). Perhaps 2021 or 2022 would be a better time on purchase prices. However, interest rates might be higher so who knows how much ahead you will really come.
by LarryAllen
Tue Aug 21, 2018 11:51 am
Forum: Personal Consumer Issues
Topic: Sellers beware on eBay.
Replies: 66
Views: 6258

Re: Sellers beware on eBay.

With Ebay, the buyer is always right, the seller has no recourse even though the buyer is abusing the process. It's the reason I have stopped selling on ebay. Sadly well said. My general rule is to sell stuff and if there is any issue from buyer I just refund the money and move on. Luckily it's rare.
by LarryAllen
Wed Aug 15, 2018 11:00 am
Forum: Personal Consumer Issues
Topic: Discarding dead cell phone without purging my data
Replies: 33
Views: 2954

Re: Discarding dead cell phone without purging my data

What data are you concerned about? Is there actual sensitive information on there?
by LarryAllen
Thu Aug 09, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Quit Claim on inherited house?
Replies: 16
Views: 1637

Re: Quit Claim on inherited house?

bsteiner wrote:
Wed Aug 08, 2018 10:57 pm
LarryAllen wrote:
Wed Aug 08, 2018 10:28 pm
Does it have to go through probate? ...
You probate the Will, not the assets.
I see your point. I use the word more like a verb as in we are "probating" a decedent's assets. Since most people die intestate they don't have a will.
by LarryAllen
Wed Aug 08, 2018 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Quit Claim on inherited house?
Replies: 16
Views: 1637

Re: Quit Claim on inherited house?

Does it have to go through probate? You could just assign your interest in probate and that way it will come out with a court order to sister. Or if in a trust assign your interest at the trust level to sister. If already in your name then just deed it over. Your name isn't on the mortgage. I wouldn...
by LarryAllen
Tue Aug 07, 2018 5:07 pm
Forum: Personal Consumer Issues
Topic: Moving soon; whom to hire to help me move?
Replies: 27
Views: 2429

Re: Moving soon; whom to hire to help me move?

Professional moving company every time. Just not worth the risk in my opinion.

Top 10 pet peeve in life is friends who make decent incomes asking their friends to help them move. That was fine at 20 but not at 50. Embarrassing. I realize you aren't asking for that. I am just going off topic. :)
by LarryAllen
Mon Jul 30, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Use attorney or software for simple will
Replies: 35
Views: 2702

Re: Use attorney or software for simple will

The fear, uncertainty, and doubt spread around about the use of will software is truly unwarranted. This kind of false statement gets people into trouble. I have actually seen, in a professional setting (and AFTER death), where software and/or Legal Zoom wills were done wrong. Either the documents ...
by LarryAllen
Sun Jul 29, 2018 10:03 am
Forum: Personal Consumer Issues
Topic: Regret Public School?
Replies: 75
Views: 5790

Re: Regret Public School?

I would send my kids to private over a bad public school. I would say my kids to a good public school over most private schools.

I went to good public school. My wife and kids did a mix of both private and good public.

I would really avoid the bad public schools though.
by LarryAllen
Thu Jul 26, 2018 1:29 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9979

Re: Toughest Purchase of my Life. Engagement Ring time

I spent a little bit more (a few thousand) than I had planned on an engagement ring, but I wanted to get a specific estate/vintage ring that she loved and felt connected to. I regret nothing. Yup. I especially like "I regret nothing." Good words! Do it right because hopefully you only have one chan...
by LarryAllen
Thu Jul 26, 2018 1:27 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9979

Re: Toughest Purchase of my Life. Engagement Ring time

I'd spend more than you are comfortable with because you want her to look back in 20 years and still be impressed with it. I speak from experience. My wife looks at her ring and still smiles. If anything I wish I had gone a little bigger and/or better but even still I went well above "budget" back i...
by LarryAllen
Tue Jul 24, 2018 9:06 pm
Forum: Personal Consumer Issues
Topic: Son Hurt at Summer Camp
Replies: 65
Views: 8123

Re: Son Hurt at Summer Camp

Pay hourly rates for a consultation with a personal injury lawyer. Why? They are all free to meet with. One of them will take this case for 25%. Sad though. A kid loses his balance and then people are looking to make money. It's not a knock on the OP as it's seemingly everyone in society. A kid los...
by LarryAllen
Tue Jul 24, 2018 10:01 am
Forum: Personal Consumer Issues
Topic: Daughter wants to travel on her own to Montreal
Replies: 105
Views: 7138

Re: Daughter wants to travel on her own to Montreal

magicrat wrote:
Tue Jul 24, 2018 10:00 am
OP - I hate to break it to you but the trouble she can get into in 4-5 days in Montreal pales in comparison to the trouble she can get into in college. Also, she's an adult.
Well said.
by LarryAllen
Tue Jul 24, 2018 10:00 am
Forum: Personal Consumer Issues
Topic: Daughter wants to travel on her own to Montreal
Replies: 105
Views: 7138

Re: Daughter wants to travel on her own to Montreal

Maybe she really wants a smoked meat sandwich!? That is tasty up there in Montreal!
by LarryAllen
Tue Jul 24, 2018 8:38 am
Forum: Personal Consumer Issues
Topic: I want to sell my home, but I don't want to fix it up
Replies: 65
Views: 6423

Re: I want to sell my home, but I don't want to fix it up

I would find a really good Realtor and let them act as contractor. I have seen this done many times. Then you don't have to think about it.
by LarryAllen
Mon Jul 23, 2018 6:03 pm
Forum: Personal Consumer Issues
Topic: TSA Pancake Mix Drama
Replies: 22
Views: 2594

Re: TSA Pancake Mix Drama

It really sucks but I am glad they are doing their job... as thankless as it is.
by LarryAllen
Mon Jul 23, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: Craigslist payment by PayPal - safe or scam?
Replies: 51
Views: 3201

Re: Craigslist payment by PayPal - safe or scam?

Scammers can lookup phone, find address, know that the item is in your home. Dimwitted sellers say "I can do at 7 after work", now scammer knows you aren't home during day. I use a GV number only for a few transactions a year, rest are via CL confidential email. I have done hundreds of transactions...
by LarryAllen
Mon Jul 23, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: Craigslist payment by PayPal - safe or scam?
Replies: 51
Views: 3201

Re: Craigslist payment by PayPal - safe or scam?

I have sold dozens, if not hundreds, of items on CL. You get the email/text as you describe frequently on new listings. You know it's a scam because it's always says they accept your price. 99% of real CL buyers negotiate on the price no matter how low the price. Lol.
by LarryAllen
Wed Jul 18, 2018 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Buy a vacation home while renting
Replies: 61
Views: 4013

Re: Buy a vacation home while renting

Nate79 wrote:
Mon Jul 16, 2018 10:07 pm
Pay off the student loans before even entertaining the idea.
+1
by LarryAllen
Tue Jul 17, 2018 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Help me analyze this real estate sale
Replies: 15
Views: 1079

Re: Help me analyze this real estate sale

What's property actually worth today? Might it go up or down between now and 2020? If property goes down then tenant might not buy it. I think the property is worth $560k today and I was hedging it's future value by renting at a higher than normal rate. If it goes up then I collect $118k in rent be...
by LarryAllen
Tue Jul 17, 2018 9:32 am
Forum: Personal Consumer Issues
Topic: Would you pay $120 for a 5 year dishwasher warranty?
Replies: 61
Views: 3092

Re: Would you pay $120 for a 5 year dishwasher warranty?

I am not a warranty guy because it's rarely as easy as just buying a new one. Often you have to jump through hoops or it doesn't include labor, or shipping, or whatever. Having said all that our last couple dishwashers have broken not much after 5 years so maybe you'll cash in! If you sleep better t...