Search found 385 matches

by Smorgasbord
Thu Jan 10, 2019 10:11 am
Forum: Personal Consumer Issues
Topic: Best way to match paint?
Replies: 22
Views: 1429

Re: Best way to match paint?

Even if the color match is nearly perfect the sheen may be a bit off. This is so true. At my new house the walls in the living room had a few places that needed to be patched, and after two trips the home improvement store I got the color spot on, but the gloss level was off. By mixing two paints w...
by Smorgasbord
Thu Jan 10, 2019 10:03 am
Forum: Personal Consumer Issues
Topic: MMORPG games
Replies: 54
Views: 3896

Re: MMORPG games

I played Last Kingdom , Faldon , Kingdom of Loathing , and I believe one other whose name I can't recall. I had to give it up because I was spending far too much time on these games. EDIT: For Kingdom of Loathing I stopped playing and became a currency broker for a while. At first, it was kind of sh...
by Smorgasbord
Sat Jan 05, 2019 10:12 pm
Forum: Personal Consumer Issues
Topic: washer dryer rec
Replies: 22
Views: 1493

Re: washer dryer rec

Not a recommendation for a washer and dryer, but the house I moved into two years ago had two washer/dryer hookups, and I still love being able start two loads at the same time. If you're building right now, I'm guessing the cost of adding a second set of hookups/vents would be minuscule.
by Smorgasbord
Fri Jan 04, 2019 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Does a PMI in lieu of 20% down ever make sense?
Replies: 48
Views: 2884

Re: Does a PMI in lieu of 20% down ever make sense?

For my first house, I put down 20% and I can say with near certainty that I would have been better off had I just put 5% down and paid PMI (for at least a little while). The big catch is that I bought my house in the summer of 2009, and that extra 15% would have been better off staying in the stock ...
by Smorgasbord
Tue Jan 01, 2019 10:22 am
Forum: Personal Consumer Issues
Topic: Dry January 2019
Replies: 8
Views: 1231

Re: Dry January 2019

I did a (mostly) dry January through June last year due to my wife being pregnant (and being the one who buys the wine). With no other changes in behavior, I ended up losing about 10 pounds. :D
by Smorgasbord
Sun Dec 30, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Home buying advice
Replies: 21
Views: 1809

Re: Home buying advice

We are planning to buy a new SFH for 400k in Dallas suburbs before our eldest goes to school. PITI is $2600 on a 30 year with 20% down.I can rent a similar place for about $2100-2200. ... Can we afford this ? Even if you can afford it, renting seems like a pretty good option especially when you add...
by Smorgasbord
Sun Dec 30, 2018 10:09 am
Forum: Personal Consumer Issues
Topic: Tips on preventative home maintenance?
Replies: 43
Views: 4653

Re: Tips on preventative home maintenance?

TheHouse7 wrote:
Thu Dec 27, 2018 11:47 pm
Clean your dryer vent out every 6 months. :beer
Following up on that, I'd also suggest spending a few bucks and replace any flexiduct tubing with smooth aluminum ducting.
by Smorgasbord
Sun Dec 30, 2018 10:05 am
Forum: Personal Consumer Issues
Topic: Tips on preventative home maintenance?
Replies: 43
Views: 4653

Re: Tips on preventative home maintenance?

• Refrig. coils vacuumed I used to do this periodically with our last refrigerator but we recently got a new G.E. one and I didn't see any easy access to the coils. I called G.E. about this and they said there is no need to do it. Does that sound right? When I cleaned my coils a few months ago, the...
by Smorgasbord
Thu Dec 27, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 9289

Re: What common everyday inconvenience have you intentionally suffered for frugality?

I had a roommate for many years even though I could afford to live by myself. My roommates were great, but if it weren't for the several hundred dollars a month savings I would have been living alone.
by Smorgasbord
Mon Dec 24, 2018 11:11 am
Forum: Investing - Theory, News & General
Topic: What was your best investment in 2018?
Replies: 127
Views: 7231

Re: What was your best investment in 2018?

My best monetary investment for 2018 was installing a basement egress window to change my rental house from a 3 bedroom to a 4 bedroom. The increase in rent equates to a 20% annual return on the cost of putting in the window.
by Smorgasbord
Fri Dec 21, 2018 4:45 pm
Forum: Personal Consumer Issues
Topic: Pesticides for residence
Replies: 26
Views: 1666

Re: Pesticides for residence

I currently have a company spray my home exterior (interior too if needed but it's very rare I request that) regularly. I think this is something I could do myself and save on this expense, but I'm wondering if end users have access to chemicals that are as effective. For five years I had a Restric...
by Smorgasbord
Thu Dec 20, 2018 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 182
Views: 17006

Re: Mr. Money Mustache, SWR, and equity allocation

I disagree. If someone is saving 10% for retirement, they're likely going to be retiring closer to traditional retirement age, and the availability of Social Security. They won't have as much of a gap to cover, may be able to use SS to reduce or eliminate the need to withdraw during bad market year...
by Smorgasbord
Thu Dec 20, 2018 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 182
Views: 17006

Re: Mr. Money Mustache, SWR, and equity allocation

The problem with the calculation is that someone who plans to retire off their investments (as opposed to retiring at a set age) is overwhelmingly more likely to do it when the markets are high, rather than when the markets are low, because the withdrawal rate is tied to net worth, and most of that...
by Smorgasbord
Thu Dec 20, 2018 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Will you contribute all $6,000 to IRA in Jan or DCA?
Replies: 32
Views: 1955

Re: Will you contribute all $6,000 to IRA in Jan or DCA?

I do both. Over the past decade or so, I've dollar cost averaged into my IRA by putting in contributions every January.
by Smorgasbord
Fri Dec 14, 2018 12:28 pm
Forum: Investing - Theory, News & General
Topic: [Robinhood to offer 3% cash management program, not a bank account]
Replies: 160
Views: 10635

Re: [Robinhood to launch 3% interest bearing accounts, but is not a bank]

While I probably won't be an early adopter of Robinhood's checking account, it is interesting that we are now discussing [potentially] federally insured saving products with rates that are within striking distance of the mortgages many of us have. The "should I pay off my mortgage?" threads in the n...
by Smorgasbord
Thu Dec 13, 2018 12:55 pm
Forum: Investing - Theory, News & General
Topic: MLP's [Master Limited Partnership]
Replies: 26
Views: 1638

Re: MLP's

a (six-fingered) maniple of MLPs: match list position midluteal phase multiple lymphomatous polyposis multilayer perception my little pony master limited partnership Echoing other posters, the one MLP I had turned out to be a hassle. Perhaps if it was a significant portion of my portfolio it would ...
by Smorgasbord
Wed Dec 12, 2018 11:05 am
Forum: Personal Consumer Issues
Topic: Desktop Computer. All in one or separate? And which one?
Replies: 34
Views: 1977

Re: Desktop Computer. All in one or separate? And which one?

I'm a big fan of buying 2-3 year old gaming computers. In my area, if you keep an eye on Craigslist you can usually pick a computer that is ridiculously overpowered for everything but the most modern games for $300 to $500.
by Smorgasbord
Tue Dec 11, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Made an unwise investment, help solicited
Replies: 41
Views: 3574

Re: Made an unwise investment, help solicited

So I probably should have cost averaged into this account instead of all at once. Mistake one. Mathematically this wasn't a mistake. Only in hindsight it was. It is generally better from a return standpoint to be in the market as soon as possible. Stocks go up more often than they go down. So while...
by Smorgasbord
Thu Dec 06, 2018 6:13 pm
Forum: Investing - Theory, News & General
Topic: Who else is getting excited? [about the market]
Replies: 145
Views: 12996

Re: Who else is getting excited?

I'm just happy that the drop happened in December instead of January after I had made my Roth IRA and 529 contributions for the year.
by Smorgasbord
Thu Dec 06, 2018 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Should we sell farmland to coal company?
Replies: 33
Views: 2043

Re: Should we sell farmland to coal company?

How does your estimation of the land value compare with Purdue's recent state survey?
https://ag.purdue.edu/agecon/Documents/ ... _final.pdf
by Smorgasbord
Wed Dec 05, 2018 11:45 am
Forum: Investing - Theory, News & General
Topic: Why buying homes with mortgages is good but buying stocks on margin is bad
Replies: 36
Views: 2975

Re: Why buying homes with mortgages is good but buying stocks on margin is bad

I'm all for buying stocks on margin so long as it is with a non-callable 30-year fixed-rate term. Good luck finding that.
by Smorgasbord
Sun Dec 02, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: 529 Plan Worth It?
Replies: 16
Views: 1253

Re: 529 Plan Worth It?

What state are you in? The tax deduction/credit in some states can make an otherwise so-so 529 plan downright fantastic.
by Smorgasbord
Thu Nov 29, 2018 11:16 am
Forum: Personal Consumer Issues
Topic: Guy's Western US Ski Trip - suggestions?
Replies: 44
Views: 2477

Re: Guy's Western US Ski Trip - suggestions?

My vote would be for either Tahoe or Breckenridge.

I'd avoid Whistler for a trip planned far in advance. While the conditions can be amazing, they can also be downright crummy, and my experience has been that the crummy days tend to outnumber the amazing days by about 5 to 1.
by Smorgasbord
Tue Nov 27, 2018 2:50 pm
Forum: Personal Consumer Issues
Topic: How do value the cost of commuting?
Replies: 54
Views: 3493

Re: How do value the cost of commuting?

So your reward for commuting almost three hours a day would be a measly 3-5% increase in household income. Yeah, that's a terrible idea.
by Smorgasbord
Fri Nov 23, 2018 7:19 pm
Forum: Personal Consumer Issues
Topic: Renting car in Chicago - Christmas - what to expect?
Replies: 14
Views: 1296

Re: Renting car in Chicago - Christmas - what to expect?

The snow isn't so much the issue as ice and black ice. Just go slow and you'll be fine unless you know you have to travel long distances. If you're not worried about the snow, then don't even worry about it. The lake effect snow is annoying, but not a big deal. I would add that unless your are plan...
by Smorgasbord
Tue Nov 20, 2018 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Real Estate for Rental Income
Replies: 6
Views: 756

Re: Real Estate for Rental Income

Is this your first time in this type of endeavor? If so, it's usually best to go with the well worn path rather than trying something exotic.
by Smorgasbord
Thu Nov 15, 2018 6:16 pm
Forum: Personal Consumer Issues
Topic: High lumen outdoor LED bulbs
Replies: 6
Views: 594

Re: High lumen outdoor LED bulbs

Can you swap out the fixture to include more sockets? If you put a few of these bulbs in you'll be able to light quite a large area: https://www.homedepot.com/p/Cree-150W-Equivalent-Bright-White-3000K-PAR38-Dimmable-Exceptional-Light-Quality-LED-40-Degree-Flood-Light-Bulb-TPAR38-1803040FH25-12DE26-1...
by Smorgasbord
Thu Nov 15, 2018 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 133
Views: 12491

Re: How Long / Hard To Become a Millionaire on Under $100k Income

Becoming a millionaire by 40 can be done by saving $60 a day from age 21 through 40 with an 8% return on investments. How hard it is to save $60 a day depends greatly on how close to the $100k/yr mark you get.
by Smorgasbord
Tue Nov 13, 2018 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing New Home - Down Payment 20 or 25%??
Replies: 19
Views: 1178

Re: Purchasing New Home - Down Payment 20 or 25%??

I'd go with 20% as it keeps your cash cushion and is not too costly. Additionally, my hunch is that within the next few years you'll have an opportunity to refinance into a 30-year fixed in the 3.something range.
by Smorgasbord
Mon Nov 12, 2018 11:07 am
Forum: Personal Consumer Issues
Topic: Wanting to move my family but where to begin?
Replies: 21
Views: 2461

Re: Wanting to move my family but where to begin?

I live in Ogden Dunes which is one South Shore station closer to Chicago than Chesterton/Dune Park. Many of the corporate people commute to the loop, which is about a 70 minute train ride away. The town is pretty great with many activities revolving around the beach, Lake Michigan, and the national ...
by Smorgasbord
Sun Nov 11, 2018 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Stop paying on life insurance policy?
Replies: 33
Views: 2556

Re: Stop paying on life insurance policy?

My answer would be that it depends. Based solely on need, with a mid-to-high seven figure portfolio, if you are spending less than $300k per year I'd probably ditch the insurance. However with that portfolio you are probably getting close to the point where there are inheritance tax benefits to keep...
by Smorgasbord
Wed Nov 07, 2018 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: How high can House prices go
Replies: 67
Views: 8481

Re: How high can House prices go

Supposedly, the 280 acre Royal Palace in Tokyo was once valued at more than the entire state of California...so real estate prices can get stupid high in a bubble.
by Smorgasbord
Fri Nov 02, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: 401k advice [looking for better 401k plan design]
Replies: 3
Views: 506

Re: 401k advice

How much do your employees value the extra money they will be receiving? In other words how would "Great news team!, this year's raises will be paid out as part of your 401(k)!" go over at the office?
by Smorgasbord
Thu Nov 01, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: Argentina Trip Over Winter Break
Replies: 20
Views: 1714

Re: Argentina Trip Over Winter Break

I recommend taking the ferry from Buenos Aires over to Colonia.
by Smorgasbord
Mon Oct 29, 2018 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Asset Allocation question
Replies: 7
Views: 699

Re: 529 Asset Allocation question

We opened a 529 account for our daughter soon after she was born as part of our overall college funding strategy and as a place for grandparents, etc. to place gifts for education. At the time, we set the account to invest in their target date fund based on our daughters age (now 1 yr old)....This ...
by Smorgasbord
Sat Oct 27, 2018 9:13 am
Forum: Personal Consumer Issues
Topic: How many miles (total) on car before buying another car ?
Replies: 114
Views: 7274

Re: How many miles (total) on car before buying another car ?

1. Lower safety protections on older cars. Meaning your chance of injury are higher on older cars due to the lack of protective tech Yes older cars do have lower safety protections, but there have been diminishing returns on safety features for years. Any 20 year old car is going to have seat belts...
by Smorgasbord
Fri Oct 26, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Advise on term vs whole life
Replies: 31
Views: 2281

Re: Advise on term vs whole life

Why do you need at least 30 years of coverage? Your children shouldn't be dependent on your income when they are in their 30s. I was thinking the same thing, plus I would add that if you're posting on this forum you are probably a prodigious saver so there is a good chance that in 15-20 years your ...
by Smorgasbord
Tue Oct 23, 2018 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: When Will Attaining Millionaire Status Be Obsolete?
Replies: 77
Views: 4941

Re: When Will Attaining Millionaire Status Be Obsolete?

My answer is 2238. Assuming 3% inflation, 2238 is the year that anyone making less than a million dollars a year will be below the Federal Poverty level.
by Smorgasbord
Tue Oct 23, 2018 9:03 am
Forum: Personal Consumer Issues
Topic: Canada Goose Jacket
Replies: 57
Views: 4507

Re: Canada Goose Jacket

How much goose down are they? LLBean and North Face are outstanding I'll second LLBean being great. When I went to Antarctica I wore their Baxter State Parka and was warm as could be. It was about a decade ago and I recall it being on sale for under $200. The comparable Canada Goose parkas are now ...
by Smorgasbord
Tue Oct 23, 2018 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Should I own my home through an LLC?
Replies: 20
Views: 2858

Re: Should I own my home through an LLC?

I am in the process of buying a new home and in addition to living in it I will be renting it out for short-term vacation rentals. The home is in Los Angeles. I have been doing this for a few years already with my current home in same area which I also own in my own name. Would I be better off by o...
by Smorgasbord
Sun Oct 14, 2018 4:51 pm
Forum: Personal Consumer Issues
Topic: How Much Is Your Sewer Bill?
Replies: 78
Views: 4202

Re: How Much Is Your Sewer Bill?

At my current house, pumping the septic every three years is ~$250, and every few decades there is a $10,000+ charge. At my old house, the sewer averaged about $50 a month plus another $20 in storm water fees. The town had a combined storm/sanitary system that tended to discharge raw sewage into the...
by Smorgasbord
Sat Oct 13, 2018 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: I'm an employer looking to get the best 401k deal for my employees!
Replies: 17
Views: 1290

Re: I'm an employer looking to get the best 401k deal for my employees!

About two years ago I also got to choose the 401k for my company. I forget the exact fees/expenses, but I remember the two finalists were Vanguard managed by Acensus and Employee Fiduciary. Employee Fiduciary was better when the plan has less than about a million in it, and Vanguard was better over ...
by Smorgasbord
Tue Oct 02, 2018 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Buying a bigger home
Replies: 7
Views: 1154

Re: Buying a bigger home

While the standard advice is that you need to put the money in low risk investments if you are going to withdraw the money in 5 years, I would probably be putting at least a portion (~25%+) in stocks. The reason for this is that you have a great deal of flexibility in when you make the move. For exa...
by Smorgasbord
Mon Oct 01, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Suze Orman - "I hate the FIRE movement."
Replies: 75
Views: 9808

Re: Suze Orman - "I hate the FIRE movement."

It seems that Orman's threshold for retirement is being able to spend $350,000 a year in perpetuity. At that spend rate, the vast majority of people would be wiped out pretty fast regardless of whether they continue to work or not. If the outcome is the same either way, I don't really see that as mu...
by Smorgasbord
Tue Sep 25, 2018 5:39 am
Forum: Personal Consumer Issues
Topic: Oil change interval for low-mileage vehicles
Replies: 89
Views: 6336

Re: Oil change interval for low-mileage vehicles

Given the choice of following the instructions of the highly trained team of engineers that built your car, or the wrench monkey at your local garage, always go with the engineers. I change the oil in my famly's cars (full synthetic) every spring when the weather turns nice.
by Smorgasbord
Sat Sep 22, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Physical Banking - Any benefits anymore?
Replies: 142
Views: 9569

Re: Physical Banking - Any benefits anymore?

My local bank is where I get my $2 bills for handing out to street musicians / performers.
by Smorgasbord
Sun Sep 09, 2018 7:27 am
Forum: Personal Consumer Issues
Topic: Video Game Collection
Replies: 39
Views: 2382

Re: Video Game Collection

Sell them. If you want to return to classic gaming, emulation is the way to go. I've been having fun with the arcade emulator called MAME. Check it out sometime. On the higher end, play-ability has little to do with value of old video games, so emulation has little impact. For example, the 1990 Nin...
by Smorgasbord
Tue Sep 04, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: Home-spun Weed Killers
Replies: 21
Views: 1649

Re: Home-spun Weed Killers

Of course, that is the concentrated solution. It is meant to be diluted for use anywhere. And of course, glyphosate will not kill insects and other pests. It is not a pesticide. At least according USDA / EPA, weeds are considered pests and glyphosate is a pesticide. http://www.ag.utah.gov/documents...
by Smorgasbord
Mon Sep 03, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: How do I get rid of big project t.v.?
Replies: 21
Views: 1161

Re: How do I get rid of big project t.v.?

My old TV was a 57 inch Hitachi rear projection TV that clocked in at about 270 pounds. It was located in my basement, and the easiest/cheapest way of getting rid of it was to throw it away piece by piece over the course of a few trash days. Most pieces could be removed with a screw driver, but a re...
by Smorgasbord
Mon Aug 27, 2018 7:34 am
Forum: Personal Finance (Not Investing)
Topic: LLC for one rental property?
Replies: 28
Views: 2394

Re: LLC for one rental property?

The annual cost of an Oregon LLC is $100, so I would probably skip it. My answer would be different if you were in a state where the annual cost was $10 and a quick filing. While it's foolish to think that a single member LLC by itself is going to save you, if someone is coming after your assets the...