Search found 13012 matches

by Sandtrap
Sun Apr 11, 2021 8:35 am
Forum: Personal Consumer Issues
Topic: Where to donate suits
Replies: 5
Views: 571

Re: Where to donate suits

Goodwill
Savers

j :D
by Sandtrap
Sun Apr 11, 2021 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 407
Views: 46427

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

Sometimes when a beneficiary thinks that the estate didn't go as planned, it's because the beneficiary was disappointed with the plan, not because it didn't go the way the decedent wanted. However, having planned and administered many estates, I've been involved in many that didn't go the way they ...
by Sandtrap
Sun Apr 11, 2021 8:13 am
Forum: Personal Consumer Issues
Topic: Travel Trailer vs My Pickup Truck: Specs?
Replies: 36
Views: 1950

Re: Travel Trailer vs My Pickup Truck: Specs?

OP here. Back story now. I wanted to "dip my toe" into the RV life. An inexpensive option was to buy a small travel trailer and pull it with the truck I now drive. The advice and feedback I received here was invaluable and clear. The scenario will not work. I need a bigger truck or go the...
by Sandtrap
Sat Apr 10, 2021 10:58 pm
Forum: Personal Consumer Issues
Topic: Help analyze my HVAC decision
Replies: 17
Views: 1166

Re: Help analyze my HVAC decision

We have a fairly simple setup with single speed separate HVAC systems for each of 3 floors. The total coverage is over 5000 sf.
Our total heat and cool costs are no mor than $200/mo during the hottest months of summer and the coldest below freezing months of winter.

j🌺
by Sandtrap
Sat Apr 10, 2021 9:50 pm
Forum: Investing - Theory, News & General
Topic: Investment strategies for high net worth individuals
Replies: 81
Views: 10134

Re: Investment strategies for high net worth individuals

Update - I spoke to Vanguard’s personal advisory service over the past week and they told me that they are likely to roll out a direct indexing service soon for ultra high net worth accounts (over $5M invested). The Vanguard rep said they have launched it already for some institutions they work wit...
by Sandtrap
Sat Apr 10, 2021 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: [Spouse recently passed away. Please help me handle his financial matters]
Replies: 62
Views: 1220

Re: So what is wrong with not investing?

Condolences 🙏🙏 For now, choose accounts and or funds that have Security of Principle (includes CD's, Treasuries, Money Market, etc) Liquidity Accessibility Read the forum wiki on “Windfalls” Don’t do anything until you read it. Avoid friendly helpful; Financial advisors Wealth managers Bank advisors...
by Sandtrap
Sat Apr 10, 2021 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Theory: The Only Four Situations Justifying Debt
Replies: 76
Views: 4844

Re: Theory: The Only Four Situations Justifying Debt

Also these personal “black swans”....

Health catastrophe
Family catastrophe
Disability
Long term disability and health concerns
Lawsuit/ long term extended litigation
Estate catastrophes
Business impacts and failures if a business owner

j🌺
by Sandtrap
Sat Apr 10, 2021 9:31 pm
Forum: Personal Investments
Topic: Investment Allocation: Unpredictable Income
Replies: 13
Views: 625

Re: Investment Allocation: Unpredictable Income

Given market and economic fluctuations and unpredictability. It would be helpful to approach generating consistent passive income with preservation of principle computed as someone retiring early with supplemental work income. I think this is what you’re alluding to, correct me if that is not so.......
by Sandtrap
Sat Apr 10, 2021 7:49 am
Forum: Personal Investments
Topic: Remind me how to stick to Strategic asset allocation
Replies: 11
Views: 699

Re: Remind me how to stick to Strategic asset allocation

Read the site Wiki on
“Investing Behavior Pitfalls”
“IPS”

Might help stick to your IPS.
j🌺
by Sandtrap
Fri Apr 09, 2021 10:18 pm
Forum: Personal Consumer Issues
Topic: walking shoes with wide toes?
Replies: 45
Views: 2423

Re: walking shoes with wide toes?

New Balance classic USA.
M587
Jogging / Running shoes.

Some of the Sketchers in wide sizes.
Sport Energy Afterburn is a good one

The New Balance 928 used to be wide and roomy but the shape and sizes changed a little with overseas manufacturers so now it’s a maybe.
j🌺
by Sandtrap
Fri Apr 09, 2021 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Using equity in primary home to invest in multiple investment properties
Replies: 29
Views: 1846

Re: Using equity in primary home to invest in multiple investment properties

Questions: Have you invested in R:E residential income property before? Have you had prior experience as a landlord with tenants? Do you plan to self manage or use a property mgt co? Do you have a business plan? Let’s say you have $800 k and have a loan payment for that. Can you make the loan paymen...
by Sandtrap
Fri Apr 09, 2021 1:45 pm
Forum: Personal Consumer Issues
Topic: fan trips GFCI; can I plug into surge protector?
Replies: 21
Views: 1184

Re: fan trips GFCI; can I plug into surge protector?

Buy a new fan. If it still trips, have electrician replace outlet and or inspect wiring. A hair dryer in a bathroom at 1500 watts doesn’t trip GFCI. A small fan definitely shouldn’t. +1 For safety, try plugging in another fan. Replace the defective one. Or replace the gfci. It should not be trippin...
by Sandtrap
Fri Apr 09, 2021 10:02 am
Forum: Personal Consumer Issues
Topic: Deck Replacement Options
Replies: 21
Views: 1530

Re: Deck Replacement Options

We are looking at replacing our current 15-year-old treated lumber deck, and we're trying to grasp all the options available to us and wanting to ensure that the job is done properly. Our current deck was a DIY job from the first homeowner and was not installed correctly. It is also not to current ...
by Sandtrap
Fri Apr 09, 2021 9:50 am
Forum: Personal Consumer Issues
Topic: Are you competitive? If so, how do you compete as you get older?
Replies: 46
Views: 2918

Re: Are you competitive? If so, how do you compete as you get older?

Similar here, lifelong competitive athlete: football/baseball/wrestling/track growing up, football in college, then powerlifting and superbike (motorcycle) racing, then triathlons/running/cycling races as an adult. Injuries (torn biceps, ruptured achilles, two knee surgeries, and now a host of curr...
by Sandtrap
Fri Apr 09, 2021 9:36 am
Forum: Personal Consumer Issues
Topic: Are you competitive? If so, how do you compete as you get older?
Replies: 46
Views: 2918

Re: Are you competitive? If so, how do you compete as you get older?

On a larger and more inclusive tangent vs sports. . . . Competitiveness ? VS Ambition ? VS Self Challenge and Growth beyond limitations? VS Complacency? VS Ambivalence? VS Safety, Security, Structure, Boundaries, Limitations? VS Physical vs Emotional vs Competitiveness as a "core person" i...
by Sandtrap
Fri Apr 09, 2021 8:33 am
Forum: Personal Investments
Topic: Newbie needs HELP
Replies: 3
Views: 385

Re: Newbie needs HELP

Hello all, I'm new to this forum. Hope it's appropriate to ask for this advice. (Please try not to laugh) I am 57 yr old single person, currently self-employed as a handy person (aka don't make alot of money) have $45K in Home Depot Stock and that is it. Really! What the heck am I to do in order to...
by Sandtrap
Fri Apr 09, 2021 8:12 am
Forum: Personal Consumer Issues
Topic: Housing circumstances
Replies: 44
Views: 2547

Re: Housing circumstances

OP: The "elephant in the room" here is the "cultural aspect". (without going into details that might seem off topic) So, let's address this first: 1 In many Asian, Asian Pacific, and (yes) Chinese, Filipino, Southeast Asian, Japanese, other cultures, etc, it is very common to hav...
by Sandtrap
Thu Apr 08, 2021 8:52 pm
Forum: Investing - Theory, News & General
Topic: The Emotional Side of Investing
Replies: 28
Views: 2583

Re: The Emotional Side of Investing

There certainly seems to be an emotional component to investing for many. How would you describe what it feels like to make an especially good (or bad) investment decision? How deep does it get?? The moment when realizing that an investment or business venture is going into a bad place and there’s ...
by Sandtrap
Thu Apr 08, 2021 5:06 pm
Forum: Personal Consumer Issues
Topic: Are architect estimates for construction costs usually pretty accurate?
Replies: 21
Views: 1431

Re: Are architect estimates for construction costs usually pretty accurate?

I've known a handful of people who've done builds or large remodels using an architect. None have stayed in budget. Some ended at 2x original cost. Best wishes. +1 The most extreme example I’ve seen of this was where the original project price was 2.1 million and after a 2-3 year final completion t...
by Sandtrap
Thu Apr 08, 2021 9:51 am
Forum: Personal Consumer Issues
Topic: Are architect estimates for construction costs usually pretty accurate?
Replies: 21
Views: 1431

Re: Are architect estimates for construction costs usually pretty accurate?

I've known a handful of people who've done builds or large remodels using an architect. None have stayed in budget. Some ended at 2x original cost. Best wishes. +1 The most extreme example I’ve seen of this was where the original project price was 2.1 million and after a 2-3 year final completion t...
by Sandtrap
Thu Apr 08, 2021 8:30 am
Forum: Personal Consumer Issues
Topic: Are architect estimates for construction costs usually pretty accurate?
Replies: 21
Views: 1431

Re: Are architect estimates for construction costs usually pretty accurate?

I am looking at doing an addition to my home, as well as some other big projects. I recently sought out a local architect and told him my plans. He sent me a proposal to draw up plans and also gave me an estimate of what he thinks it will cost for construction. His estimate seems a little high, but...
by Sandtrap
Thu Apr 08, 2021 8:15 am
Forum: Personal Investments
Topic: Suddenly retired; Read the book; Have questions!
Replies: 21
Views: 3166

Re: Suddenly retired; Read the book; Have questions!

You may want to format your question in the following manner: https://www.bogleheads.org/forum/viewtopic.php?t=6212 This would allow us to know specifically what your situation is, and how to best advise you to proceed. It also lays out all your assets, income, and expenses in a standardized format...
by Sandtrap
Thu Apr 08, 2021 8:13 am
Forum: Personal Consumer Issues
Topic: Shoe Choice for a Walker
Replies: 33
Views: 2611

Re: Shoe Choice for a Walker

New Balance used to have a chart matching various types/models of walking/jogging shoes to type of foot. IE: high arch, low arch, medium, flat foot, etc. But, their sizing and quality has dropped since outsourcing more of their products overseas. There is a line of New Balance that is USA made that ...
by Sandtrap
Thu Apr 08, 2021 8:10 am
Forum: Personal Consumer Issues
Topic: Anyone buy a car using Costco Auto?
Replies: 28
Views: 5402

Re: Anyone buy a car using Costco Auto?

We recently had a quote from Costco Auto for a 2021 Toyota 4Runner TRD Pro/Limited. The discount was not greater than what we could get when bargaining with various dealerships. Perhaps it depends on the type of car and area, etc.

j :D
by Sandtrap
Thu Apr 08, 2021 8:07 am
Forum: Personal Consumer Issues
Topic: How much $$ to get kitchen cabinets painted?
Replies: 42
Views: 4035

Re: How much $$ to get kitchen cabinets painted?

There is an alternate kitchen cabinet remodel, besides painting them, that involves refinishing the face frames and installing new doors for a very new and different look. Have you considered that?

j :D
by Sandtrap
Thu Apr 08, 2021 8:00 am
Forum: Personal Investments
Topic: Why not use cash for RE rentals?
Replies: 29
Views: 2432

Re: Why not use cash for RE rentals?

I'm looking for a sanity check on an idea that I might change my AA from 50/50 to 50/25/25 (stock/RE/bond). The reason: diversification. I'm uncomfortable with so much in cash/bonds "doing nothing" but not comfortable increasing equity. I see the RE risk as about midway between stock and ...
by Sandtrap
Thu Apr 08, 2021 7:50 am
Forum: Personal Investments
Topic: What to do with $500k which may be needed at any time
Replies: 6
Views: 1132

Re: What to do with $500k which may be needed at any time

Your criteria, regardless of account or fund are:
1 Security of Principle
2 Liquidity
3 Accessibility

j :D
by Sandtrap
Thu Apr 08, 2021 7:46 am
Forum: Personal Consumer Issues
Topic: Pool Walking Shoe?
Replies: 8
Views: 720

Re: Pool Walking Shoe?

I wear scuba dive boots/shoes for all my aquatic needs. I've had to same pair for almost 2 decades. They have a hard rubber sole with traction. I love them because they also allow me to walk on rocky surfaces when needed. I don't know the brand, but I would recommend a quality dive boot/shoe. The s...
by Sandtrap
Wed Apr 07, 2021 8:29 pm
Forum: Personal Consumer Issues
Topic: Invited to join HOA board. Pros/cons?
Replies: 74
Views: 6729

Re: Invited to join HOA board. Pros/cons?

Every time I read threads like this, I am so happy that I don't have an HOA to worry about. Rules governing who can park in my own driveway or how many dogs I can have? I don't care how reasonable the board is about it, that should be nobody's business but mine. Perfectly reasonable reaction, until...
by Sandtrap
Wed Apr 07, 2021 8:24 pm
Forum: Investing - Theory, News & General
Topic: What is your contrarian/alternative play?
Replies: 101
Views: 8555

Re: What is your contrarian/alternative play?

6 fund hybrid (2 fund) LMP per Bernstein.

j🌺
by Sandtrap
Wed Apr 07, 2021 3:54 pm
Forum: Personal Consumer Issues
Topic: Invited to join HOA board. Pros/cons?
Replies: 74
Views: 6729

Re: Invited to join HOA board. Pros/cons?

Boards, chairs, and committees....etc. Depending on positions. And depending if position is code compliance ..... You will be noticed You will be liked or disliked or resented You will make friends....and alliances...or otherwise Sometimes it feels important Sometimes it is rewarding ....or thankles...
by Sandtrap
Wed Apr 07, 2021 11:38 am
Forum: Personal Investments
Topic: How much cash do you really hold?
Replies: 91
Views: 6208

Re: How much cash do you really hold?

Perhaps “X” in annual expenses might be a better metric for some folks.

And different if one is in an income earning pre retirement stage or post retirement non working.

In my case as a retiree, 2x.

j🌺
by Sandtrap
Wed Apr 07, 2021 9:17 am
Forum: Personal Consumer Issues
Topic: Should I buy a SLR camera without a built in flash?
Replies: 90
Views: 3233

Re: Should I buy a SLR camera without a built in flash?

This thread has gotten completely derailed. As far as we know the OP has an upper-mid-range 14-year old dslr with a built-in flash, 12mp crop sensor and a kit lens. The OP is considering upgrading to what today is roughly the equivalent camera. The D300 was more or less the D850 of its day, despite...
by Sandtrap
Wed Apr 07, 2021 7:58 am
Forum: Personal Consumer Issues
Topic: Should I buy a SLR camera without a built in flash?
Replies: 90
Views: 3233

Re: Should I buy a SLR camera without a built in flash?

My point is, "pro" is not just marketing per your comment I quoted. There are real and important differences in the camera features. Certainly when I look at Nikon's line, for example, it is very obvious which cameras are aimed at more serious photographers. Could you give me an example o...
by Sandtrap
Tue Apr 06, 2021 8:39 pm
Forum: Personal Investments
Topic: Anxiety/Overthinking
Replies: 35
Views: 2694

Re: Anxiety/Overthinking

Per your mention of anxiety history and overthinking as related to financial path. Why do you have a history of anxiety? What brings it on? Life challenges? Insecurity? Performance anxiety? Debt? Lack of a guaranteed direction and results? Actionably. Be so busy striving and overcoming obstacles tow...
by Sandtrap
Tue Apr 06, 2021 8:04 pm
Forum: Personal Consumer Issues
Topic: Should I buy a SLR camera without a built in flash?
Replies: 90
Views: 3233

Re: Should I buy a SLR camera without a built in flash?

Ah, no. It is not marketing. There is no official enforceable definition of a pro camera. There are some characteristics often found in cameras labeled pro, but it's not guaranteed, and there are cameras not labelled pro that can share many if not all of those features. For that matter, there are m...
by Sandtrap
Tue Apr 06, 2021 12:49 pm
Forum: Personal Consumer Issues
Topic: Should I buy a SLR camera without a built in flash?
Replies: 90
Views: 3233

Re: Should I buy a SLR camera without a built in flash?

My understanding is that part of what makes professional level cameras more expensive is not that they necessarily take better pictures, it is that it is more rugged and weather resistant and it does not sound like you need that. A professional camera is whatever the marketing department of the man...
by Sandtrap
Tue Apr 06, 2021 9:18 am
Forum: Personal Consumer Issues
Topic: Recommendation for simple home gym
Replies: 41
Views: 3213

Re: Recommendation for simple home gym

Basic female (non injury) "fitness", does not have to be "Rocky or super gym guy level. Obviously, nobody must be "super gym guy", but I think women are often sold short by society and the fitness industry and told they can't (or shouldn't) do higher intensity training or s...
by Sandtrap
Tue Apr 06, 2021 9:07 am
Forum: Personal Consumer Issues
Topic: Recommendation for simple home gym
Replies: 41
Views: 3213

Re: Recommendation for simple home gym

cheese_breath wrote: Tue Apr 06, 2021 9:06 am
UpperNwGuy wrote: Tue Apr 06, 2021 8:22 am Don't let her spend a dime on any equipment until she proves her commitment by doing a program of walking and other equipment-free exercises for a least two months.
+1 except for some inexpensive resistance bands which I've already recommended to get started.
+1
Great point!

j :D
by Sandtrap
Tue Apr 06, 2021 9:06 am
Forum: Personal Consumer Issues
Topic: Should I buy a SLR camera without a built in flash?
Replies: 90
Views: 3233

Re: Should I buy a SLR camera without a built in flash?

Thread for those that are familiar with high end SLR cameras.... I have my eye on a professional SLR camera, likely the Nikon D850 but also considering the Canon 5D Mark IV camera. One thing that I have discovered is that neither professional-grade camera has a built in flash. Currently I use a Nik...
by Sandtrap
Tue Apr 06, 2021 8:52 am
Forum: Personal Consumer Issues
Topic: Carpenter ants in a window
Replies: 7
Views: 595

Re: Carpenter ants in a window

With some nicer weather, we've opened some rarely opened windows and I'm not sure what to do now. In one window on the second floor, there are carpenter ants (ants with wings) coming up from the bottom channel. If the window is closed, they do not come into the house. What is my next step in figuri...
by Sandtrap
Tue Apr 06, 2021 8:51 am
Forum: Personal Finance (Not Investing)
Topic: I feel like my friend is about to make a massive financial mistake
Replies: 153
Views: 22228

Re: I feel like my friend is about to make a massive financial mistake

Sooo... in a nutshell my friend, his girlfriend, and 3 of her siblings want to by land to start kind of a family compound/farm. They range from mid 20s to mid 30s. This isn't like a cocktail napkin thing they are quite far along in discussing it. Their plan is to form an LLC to purchase land and th...
by Sandtrap
Tue Apr 06, 2021 8:45 am
Forum: Personal Consumer Issues
Topic: Recommendation for simple home gym
Replies: 41
Views: 3213

Re: Recommendation for simple home gym

This isn't for me. This is for my sister-in-law that just came to the realization that she needs to make her health a priority. She knows we're pretty into working out and asked for recommendations on how to get started. She told me recently that she really hasn't done any sort of exercise in proba...
by Sandtrap
Tue Apr 06, 2021 8:34 am
Forum: Personal Finance (Not Investing)
Topic: I feel like my friend is about to make a massive financial mistake
Replies: 153
Views: 22228

Re: I feel like my friend is about to make a massive financial mistake

Sooo... in a nutshell my friend, his girlfriend, and 3 of her siblings want to by land to start kind of a family compound/farm. They range from mid 20s to mid 30s. This isn't like a cocktail napkin thing they are quite far along in discussing it. Their plan is to form an LLC to purchase land and th...
by Sandtrap
Tue Apr 06, 2021 8:30 am
Forum: Personal Consumer Issues
Topic: Talk me out of DIY Yard drain project.....
Replies: 37
Views: 2974

Re: Talk me out of DIY Yard drain project.....

Late last year, I rented a mini excavator (get the smallest bucket) for a week and trenched for underground drain lines for 4 buildings. As stated earlier, not hitting gas lines, power lines, septic lines, etc, is "critical". Having a machine for trenching does not eliminate using a shovel...
by Sandtrap
Tue Apr 06, 2021 8:26 am
Forum: Personal Consumer Issues
Topic: Talk me out of DIY Yard drain project.....
Replies: 37
Views: 2974

Re: Talk me out of DIY Yard drain project.....

I'm not going to talk you out of it. Go for it! I'd use flexible pipe though.... but nothing wrong with smooth PVC........ All of my down spouts are routed a hundred plus feet underground, via corrugated black pipe, out to the woods. works great...... you'd think the black pipe would collapse, but ...
by Sandtrap
Mon Apr 05, 2021 11:27 pm
Forum: Personal Consumer Issues
Topic: Talk me out of DIY Yard drain project.....
Replies: 37
Views: 2974

Re: Talk me out of DIY Yard drain project.....

Perhaps when everything is done it might result in less $ savings and more work than you thought and results may not fully meet spouses expectations. So.... have fun doing it for it’s own rewards. Or Hire, save your spine, make sure it meets spouses expectations. Just because we “can” do something d...
by Sandtrap
Mon Apr 05, 2021 8:04 pm
Forum: Personal Consumer Issues
Topic: Buying pantry items in bulk
Replies: 22
Views: 1893

Re: Buying pantry items in bulk

I find Amazon pantry items to be much more expensive than I pay at a regular grocery store. First, analyze what pantry items your family will actually use. Definitely don't bulk buy anything you don't currently use. I have the best luck at our Kroger affiliate and their case lot sale. We buy canned...
by Sandtrap
Mon Apr 05, 2021 6:14 pm
Forum: Personal Consumer Issues
Topic: Deck Levelling- Potential Foundation issues
Replies: 46
Views: 2244

Re: Deck Levelling- Potential Foundation issues

1 remove some boards by the house side to see if there’s a ledger attached to the Ext house wall. 2 remove some boards on the opposite end to look under and get an idea of the condition and structure. 3 I’ve never seen a wood deck with the joists and beams so low to the ground. Likely the main beam ...
by Sandtrap
Mon Apr 05, 2021 10:34 am
Forum: Personal Consumer Issues
Topic: Buying pantry items in bulk
Replies: 22
Views: 1893

Re: Buying pantry items in bulk

In bulk and always stocked up.

Personal care and household items.
Shop and industrial supplies

j🌺