Search found 196 matches

by TA_Lurker
Sat Jun 17, 2017 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 32728

Re: Siblings in disagreement over mom's house.

Offer to pay for a therapist or a family counselor to help sort this out. Sounds like some siblings fear the loss of the house means the final loss of your mother.
by TA_Lurker
Sun Mar 26, 2017 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Girlfriend
Replies: 86
Views: 11933

Re: Massive Student Loan Debt - Girlfriend

Bettering yourself with a loan is not a sin. It's practically normal. If you judge her for having student debt know that you are penalizing this woman for the sin of being born to parents who were not rich. Your girlfriend has dedicated her life to helping those born without a certain privilege. If ...
by TA_Lurker
Thu Aug 14, 2014 6:47 pm
Forum: Personal Consumer Issues
Topic: Where to live? She works in Boston, he works in Worcester
Replies: 27
Views: 5390

Re: Where to live? She works in Boston, he works in Worceste

I know a couple with this exact same commute and they live in Southie. South Boston sits right on top of several entrances to the Mass Pike, would give the other person a very convenient 10 minute bus ride to South Station, and it is incredibly walkable. It's the hippest neighborhood for young profe...
by TA_Lurker
Sun Aug 03, 2014 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Funding a Down Payment
Replies: 11
Views: 1920

Re: Funding a Down Payment

Still, I don't think "foregoing long-term tax-advantaged retirement assets" is the right way to look at this. The reason you need to withdraw from retirement accounts is that you have chosen in the past to save a lot in those retirement accounts instead of in a taxable investment, so they...
by TA_Lurker
Sun Aug 03, 2014 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Funding a Down Payment
Replies: 11
Views: 1920

Re: Funding a Down Payment

Hi TA_Lurker, There have been no replies, and I think it's because there's no responsible way for you to buy a home costing 4+ times your income by foregoing long-term tax advantaged retirement assets. I'll rule out the 4 - 5 year $50,000 idea if you'd like, but that means renting or reducing your ...
by TA_Lurker
Sat Aug 02, 2014 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Funding a Down Payment
Replies: 11
Views: 1920

Funding a Down Payment

I'm a single person in my early 30s looking to buy a small home or condo in the greater Boston area within the next year or two. I make 60k/year and am targeting a home or condo in the 250k range. Given the following account balances how would you fund a down payment? Cash in low yield savings accou...
by TA_Lurker
Fri Apr 04, 2014 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally discovered a coworkers salary... now what?
Replies: 59
Views: 10805

Re: I accidentally discovered a coworkers salary... now what

Wow. Accidentally? Time for some soul searching. Did you miss the part where I said the folder was on a drive designated for client files? Or the other part where I said the company gives everyone private drives to store their private documents? None of my fantasy football documents are on the clie...
by TA_Lurker
Fri Apr 04, 2014 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally discovered a coworkers salary... now what?
Replies: 59
Views: 10805

Re: I accidentally discovered a coworkers salary... now what

Wow. Accidentally? Time for some soul searching. I would never dare to look at any folder belonging to another person. I will let others provide ideas to the best course of action. Thanks for reading my note. All I can do is give my word that this document was on a drive designated for client files...
by TA_Lurker
Fri Apr 04, 2014 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally discovered a coworkers salary... now what?
Replies: 59
Views: 10805

Re: I accidentally discovered a coworkers salary... now what

You should already have left an anonymous note in her mailbox. Or you could hire someone else to tell her, like this firm: http://www.youtube.com/watch?v=P14bWf52op8 start at 1:30 I do like the anonymous note idea but I may need to get a friend to write it for me. I have atrocious handwriting and p...
by TA_Lurker
Fri Apr 04, 2014 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally discovered a coworkers salary... now what?
Replies: 59
Views: 10805

I accidentally discovered a coworkers salary... now what?

I accidentally found my coworkers 2013 tax return in a shared folder on the company network. It was in a subfolder named with her initials but surrounded by client documents. Many of us have initialed subfolders on this drive but we (or at least I) do not keep personal documents there, only client f...
by TA_Lurker
Sat Mar 08, 2014 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about a Lingering Divorce
Replies: 28
Views: 2343

Re: Questions about a Lingering Divorce

Are both parents open to the idea of selling the house? I agree with Michael Scott's suggestion to tread carefully. Even though you would be helping, you'd be the messenger of an unfortunate reality in your parents' situation: they may not be able to keep their current home. +1. OP: Is there any wa...
by TA_Lurker
Sat Mar 08, 2014 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about a Lingering Divorce
Replies: 28
Views: 2343

Re: Questions about a Lingering Divorce

He sincerely believes a banker will show up at my mother's doorstep any day now with the local sheriff and demand $250k or else begin eviction proceedings immediately. He is exaggerating about them calling the loan if it is being paid on time but Massachusetts is a nonjudicial foreclosure state whi...
by TA_Lurker
Sat Mar 08, 2014 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about a Lingering Divorce
Replies: 28
Views: 2343

Re: Questions about a Lingering Divorce

Correct, but it was all spelled out in the divorce papers, right? And, you could have refinanced it into just your name... I did that. I've been through this too... not just talking out my rear here. :D OP, if they sold the house now, who gets the proceeds? Dad may be trying to scare mom into selli...
by TA_Lurker
Sat Mar 08, 2014 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Questions about a Lingering Divorce
Replies: 28
Views: 2343

Re: Questions about a Lingering Divorce

Are both parents open to the idea of selling the house? I agree with Michael Scott's suggestion to tread carefully. Even though you would be helping, you'd be the messenger of an unfortunate reality in your parents' situation: they may not be able to keep their current home. DailyBagel & Michae...
by TA_Lurker
Sat Mar 08, 2014 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Questions about a Lingering Divorce
Replies: 28
Views: 2343

Re: Questions about a Lingering Divorce

Back to the topic: can anyone recommend a public or private resource for helping an aging parent examine their options? Google found an organization that specialize in divorce finance but I became suspicious when I saw several of the members work at Ameriprise. I know that's not a fiduciary firm. I...
by TA_Lurker
Sat Mar 08, 2014 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Questions about a Lingering Divorce
Replies: 28
Views: 2343

Re: Questions about a Lingering Divorce

cheese_breath wrote:I can't recommend any specific organization, but you may want to browse various senior forums on the Internet. I'm sure your parents aren't the first to encounter this or similar problems.
That's a great idea. Thank you.
by TA_Lurker
Sat Mar 08, 2014 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Questions about a Lingering Divorce
Replies: 28
Views: 2343

Re: Questions about a Lingering Divorce

For the home, the key question is how much equity is there. Given Boston RE market I assume it's well "above water". Independent of the rest of the financial analysis it would probably make sense to sell it immediately and divide/invest the proceeds, all you need for that is a RE agent. Y...
by TA_Lurker
Sat Mar 08, 2014 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Questions about a Lingering Divorce
Replies: 28
Views: 2343

Re: Questions about a Lingering Divorce

It does sound like a balloon mortgage although I've never heard of one being callable early. Back in the '80s when the economy was good a lot of young professionals used them to get into homes they couldn't afford on their current incomes. The assumption was by the time the balloon came due their i...
by TA_Lurker
Sat Mar 08, 2014 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Questions about a Lingering Divorce
Replies: 28
Views: 2343

Re: Questions about a Lingering Divorce

My father, who was a lawyer for a few years before moving to a government job, is practiced in the art of filibustering other people to get his way. That combined with a figurative deaf ear for what his opponent says is a potent combination for never getting anywhere with him. Fortunately I'm my fat...
by TA_Lurker
Sat Mar 08, 2014 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Questions about a Lingering Divorce
Replies: 28
Views: 2343

Re: Questions about a Lingering Divorce

It does sound like a balloon mortgage although I've never heard of one being callable early. Back in the '80s when the economy was good a lot of young professionals used them to get into homes they couldn't afford on their current incomes. The assumption was by the time the balloon came due their i...
by TA_Lurker
Sat Mar 08, 2014 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Questions about a Lingering Divorce
Replies: 28
Views: 2343

Questions about a Lingering Divorce

Background I'm here looking for help dealing with my parents. My parents divorced several years ago, in their late fifties, after almost 30 years of marriage. We were always a very upper-lower middle class family; my mother was a stay at home mom, and my father had a white collar government which h...
by TA_Lurker
Mon Nov 26, 2012 9:14 pm
Forum: Personal Consumer Issues
Topic: Fitness Regimen
Replies: 29
Views: 14163

Fitness Regimen

Can anyone recommend a workout book or website for me? A little about myself: I'm a male in my early 30s, I go to the gym a few times a week for cardio, a couple of times a year I'll knock down a 5k in the 10-11 minute/mile range, I play basketball once a week practically year round in an after work...
by TA_Lurker
Sun Sep 30, 2012 10:30 pm
Forum: Personal Consumer Issues
Topic: Notebook Troubleshooting
Replies: 19
Views: 1335

Re: Notebook Troubleshooting

Ran the Dell diagnostic twice. Passed with flying colors both times.
by TA_Lurker
Sun Sep 30, 2012 9:34 pm
Forum: Personal Consumer Issues
Topic: Notebook Troubleshooting
Replies: 19
Views: 1335

Re: Notebook Troubleshooting

I backed up everything after last week's episode. Thanks though!
by TA_Lurker
Sun Sep 30, 2012 9:09 pm
Forum: Personal Consumer Issues
Topic: Notebook Troubleshooting
Replies: 19
Views: 1335

Re: Notebook Troubleshooting

Downloading and installing the Dell Diagnostic software as we speak. Any other thoughts?
by TA_Lurker
Sun Sep 30, 2012 8:35 pm
Forum: Personal Consumer Issues
Topic: Notebook Troubleshooting
Replies: 19
Views: 1335

Notebook Troubleshooting

Before I run out and purchase a new computer I was hoping some of the resident tech experts could help troubleshoot my machine. A little bit about my machine: Dell XPS M1530 running Vista Home Premium 32-bit SP2 Intel Core 2 Duo CPU T7250 @ 2.00 ghz, 4 GB Ram, NVIDIA GeForce 8600M GT video card. Bou...
by TA_Lurker
Thu Sep 13, 2012 9:00 pm
Forum: Personal Consumer Issues
Topic: Leaf blower recommendation
Replies: 33
Views: 4388

Re: Leaf blower recommendation

Aren't leaf blowers terrible for your health? Between the exhaust from the engine and the particulates blown into the air I would think about wearing a mask.
by TA_Lurker
Thu Sep 13, 2012 8:54 pm
Forum: Personal Investments
Topic: Okay, You Win [needs investing help]
Replies: 67
Views: 15624

Re: Okay, You Win [needs investing help]

Janet, when you say that I can withdraw at multiple tax rates, what do you mean? I just figured I could withdraw a portion of my dividends during my older years tax-free from my Roth, making tax planning easy. I expect to have a substantial nest egg (over $300k... that's a lot when you can live on ...
by TA_Lurker
Sat Sep 08, 2012 7:55 am
Forum: Personal Investments
Topic: Reasonable Growth Rate for IRA Investments
Replies: 12
Views: 2233

Re: Reasonable Growth Rate for IRA Investments

1st Suggested Portfolio ( I need to pick the stock/bond split) and then they allocate as per below %s ___________________ STOCKS • 25% VTI: Vanguard Total Stock Market • 25% IVE: iShares S&P 500 Value Index • 25% VEA: Vanguard Europe Pacific • 10% VWO: Vanguard Emerging Markets • 8% IWS: iShare...
by TA_Lurker
Mon Sep 03, 2012 6:58 pm
Forum: Forum Issues and Administration
Topic: hijacker (PWM) - READ THIS
Replies: 130
Views: 14291

Re: hijacker (PWM) - READ THIS

I just updated my easy password to something with 151 bits according to keepass. I encourage others to improve their password less your account be used against the forum. :beer
by TA_Lurker
Mon Sep 03, 2012 7:01 am
Forum: Forum Issues and Administration
Topic: hijacker (PWM) - READ THIS
Replies: 130
Views: 14291

Re: hijacker (PWM) - READ THIS

Can we get the kick starter going now just to prove to the troll how little he is wanted here???
by TA_Lurker
Tue Aug 28, 2012 8:56 pm
Forum: Investing - Theory, News & General
Topic: "Death Takes a Policy" - annuity loophole
Replies: 23
Views: 3883

Re: "Death Takes a Policy" - annuity loophole

I assume there was fraud, etc, but that's not what piqued my interest. Basically they invested in variable annuities and they were beneficiaries. So the person dies and they collect the money. What is the difference if he just invested it outside an annuity? For more information download the most r...
by TA_Lurker
Tue Aug 28, 2012 8:14 am
Forum: Personal Consumer Issues
Topic: Advice for buying a new computer
Replies: 16
Views: 2484

Re: Advice for buying a new computer

1) Is it a good idea to have a separate dedicated computer for visiting financial sites? I will always have Mc Afee software or something similar on it for protection. 2) Are Mac computers less vulnerable to viruses? 3) Among internet explorer / firefox/ google chrome - is any 'safer' than the othe...
by TA_Lurker
Wed Aug 22, 2012 4:03 pm
Forum: Investing - Theory, News & General
Topic: first post and a question
Replies: 36
Views: 2479

Re: first post and a question

NYBoglehead wrote: $10,000 invested today @ 10.57% in 30 years = $331,710
$10,000 invested today @ 10.00% in 30 years = $174,494.02
I got different numbers. Did I do the math wrong?

10000*1.1057^30 = $203,760.17
10000*1.1^30 = $174,494.02
by TA_Lurker
Mon Aug 20, 2012 3:10 pm
Forum: Personal Investments
Topic: How to invest when starting with almost nothing
Replies: 17
Views: 3659

Re: How to invest when starting with almost nothing

Welcome! I agree with the poster who said your family needs a budget. Let me add that you need to figure out a way to involve your husband in the budget setting process. Hiding the family finances from him will not work long term. I've heard good things about the Dave Ramsay system for eliminating d...
by TA_Lurker
Thu Aug 16, 2012 9:57 am
Forum: Personal Finance (Not Investing)
Topic: When can one determine if they can afford toys?
Replies: 40
Views: 7423

Re: When can one determine if they can afford toys?

If you're maxing out your retirement savings, have an adequate emergency fund, you have no other debt, you pay all your bills on time, can pay for the toy in full in cash, and the wife agrees to the purchase, go for it! After you knock those obligations off your financial to-do list isn't every addi...
by TA_Lurker
Tue Aug 14, 2012 1:08 pm
Forum: Personal Investments
Topic: Receiving 250-300k And Torn On How To Grow It
Replies: 42
Views: 4094

Re: Receiving 250-300k And Torn On How To Grow It

If the long term picture for the USA is so bleak how do you explain the 30 year treasury? As far as I can tell you have not yet answered the question about how the scale of 250k-300k compared with your parents' other assets. 300k is not a lot of money in the grand scheme of things. It definitely isn...
by TA_Lurker
Tue Aug 14, 2012 12:25 pm
Forum: Personal Consumer Issues
Topic: Boston trip - suggestions?
Replies: 21
Views: 2272

Re: Boston trip - suggestions?

If you're interested in something free to do check out this walking tour of public art:

http://www.publicartboston.com/content/public-art-walk
by TA_Lurker
Tue Aug 14, 2012 12:20 pm
Forum: Personal Consumer Issues
Topic: Boston trip - suggestions?
Replies: 21
Views: 2272

Re: Boston trip - suggestions?

Doesn't seem like there's been THAT much new here since the mid-90's. (I've been here since 1968...) Yes the Big Dig and the surrounding landscaping but how interesting will that be? New restaurants since then, depending on how much a foodie you are. You probably want to do a Duck Boat tour if you ...
by TA_Lurker
Tue Aug 14, 2012 9:48 am
Forum: Personal Consumer Issues
Topic: How do high networth individuals protect their money from
Replies: 32
Views: 6688

Re: How do high networth individuals protect their money fro

In the United States wealth is concentrated in the older generations. Anectodotally we can say that, perhaps, those generations do not utilize the Internet for money management purposes at nearly the same rate as younger generations. So perhaps the era of grand hacking heists has yet to dawn?
by TA_Lurker
Fri Aug 10, 2012 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: If You Are A Saver, Renting Superior To Buying
Replies: 51
Views: 5903

Re: If You Are A Saver, Renting Superior To Buying

[Rude comment removed by admin LadyGeek]
by TA_Lurker
Fri Aug 10, 2012 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Post-Spending Regret
Replies: 64
Views: 6562

Re: Post-Spending Regret

She'll sometimes say "other couples" have or do X, Y, Z, so why don't we. OP, these are not just random questions in her mind nor some kind of phase she'll move past. There is more to this than meets the eye. My guess is this is her way of stating her desired standard of living and you sh...
by TA_Lurker
Fri Aug 10, 2012 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Post-Spending Regret
Replies: 64
Views: 6562

Re: Post-Spending Regret

Another example, we recently returned from a short vacation. Now that we're back, I start going over what we spent on meals and a couple luxury purchases, and think to myself, "damn, I could have put the $ we spent on this vacation into one of my funds, and it forever would have paid us X per ...
by TA_Lurker
Fri Aug 10, 2012 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Post-Spending Regret
Replies: 64
Views: 6562

Re: Post-Spending Regret

So it's likely the normal give-and-take, the difference being we forum participants are thinking hard about these things and are making long-term plans. But I am serious about Gekko and liquid worth. I don't need a jet, but the ability to move around the globe as I see fit, and without financial wo...
by TA_Lurker
Thu Aug 09, 2012 5:27 pm
Forum: Personal Investments
Topic: Rate of Return on Roth IRA's
Replies: 124
Views: 31822

Re: Rate of Return on Roth IRA's

I don't know all of that information. I'll probably just hold off until April and then go ahead with the Roth. Also, the majority of the info they are requesting there is dealing with investments. The only thing I have for investments right now would be my 401k. You can't make an informed decision ...
by TA_Lurker
Thu Aug 09, 2012 12:35 pm
Forum: Personal Consumer Issues
Topic: Top 10 Cars in Wealthiest Zip Codes
Replies: 47
Views: 6936

Re: Top 10 Cars in Wealthiest Zip Codes

Interesting. Not an American car on the whole list. Probably a geography bias to the wealthiest zip codes, which tend to be on the coasts. That doesn't make any sense. There's nothing about the geography of the coasts that would bias consumers away from American cars. Salt water doesn't make them m...
by TA_Lurker
Wed Aug 08, 2012 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Husband receiving funds from wife's account at her death
Replies: 5
Views: 975

Re: Husband receiving funds from wife's account at her death

*edited because I failed reading comprehension this afternoon
by TA_Lurker
Wed Aug 08, 2012 12:35 pm
Forum: Personal Consumer Issues
Topic: Good reminder regarding online security
Replies: 20
Views: 3974

Re: Good reminder regarding online security

lightheir wrote:Given that email is the hub of a lot of adult online communication, it's a pretty good idea to lock it down as reasonably as possible.
Hey, how do you know what I do online? Have you been spying on my e-mail??? :D
by TA_Lurker
Fri Aug 03, 2012 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Increase - To Move Or Not To Move
Replies: 28
Views: 3079

Re: Rental Increase - To Move Or Not To Move

I would not move into the basement for $25/mo. I would be concerned that pests are more likely to be found in the basement because it's nearer to their entry-points in the foundation. I would also wonder about the noise - how far are the apartments from the heating and plumbing equipment, or the com...
by TA_Lurker
Fri Aug 03, 2012 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Wife is scared to quit.
Replies: 84
Views: 9958

Re: Wife is scared to quit.

I came to this party late so I missed the part of the tale you deleted but I'm glad to hear that there are people at the top, people like your wife, who still care about how the bottom xx% are treated. I hope you two manage to find a compromise that brings security to your family and provides peace ...