Search found 941 matches

by smackboy1
Mon Feb 19, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard as trustee
Replies: 34
Views: 4774

Re: Vanguard as trustee

We are drafting a will, and I would like the personal representative to setup a trust to keep our saving until our daughter is ready. I am thinking to put a binding instruction for my personal representative to setup the trust at Vanguard. I am reviewing this page: https://personal.vanguard.com/us/...
by smackboy1
Mon Feb 19, 2018 12:05 pm
Forum: Personal Consumer Issues
Topic: Do you have a Japanese bath in your house?
Replies: 27
Views: 3893

Re: Do you have a Japanese bath in your house?

Do you have a Japanese bath in your house? Do you use it? Can you please offer your thoughts and comments on the experience? I've enjoyed them on my trips to Japan. I've been thinking about installing one in my basement. I have a stainless steel contemporary style ofuro in our master bathroom. It i...
by smackboy1
Fri Feb 16, 2018 11:07 pm
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 76
Views: 4287

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

I don't have to pay anything. Let's assume you have zero liability. Who are passengers in your vehicle likely to be? Relatives? Friends? Children? Grandchildren? They could be catastrophically injured and left permanently disabled by an uninsured motorist Or parents of minor children are killed. No...
by smackboy1
Fri Feb 16, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 76
Views: 4287

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

Among other things I learned that I am paying $1300/yr. for UM/UIM (uninsured motorist/underinsured motorist) coverage for three people/three vehicles. The agent said this was for medical care if we had an accident with someone who was under/uninsured. I pointed out that health insurance would pay ...
by smackboy1
Thu Feb 15, 2018 10:10 pm
Forum: Personal Consumer Issues
Topic: Bonavita 1500 vs 1800/1900? (coffee)
Replies: 16
Views: 1257

Re: Bonavita 1500 vs 1800/1900? (coffee)

I also got the 1900 today, so I now have both 1500 (cone filter) and 1900 (flat-bottom) I tried comparing the temp difference between the two, but I couldn't tell definitely if there was a meaningful difference. Then I had a better idea: Rather than measure temperate or research between cone vs fla...
by smackboy1
Mon Feb 12, 2018 5:46 pm
Forum: Personal Consumer Issues
Topic: Suggest coffee maker please
Replies: 110
Views: 6338

Re: Suggest coffee maker please

Thanks for this post. Can you please explain what you mean by "preheating" and how to do it? It's the first tip at 22 secs in the video https://www.youtube.com/watch?v=1f7M5x_-EmM&t=0m22s You pour boiling hot water into the empty paper filter, holder and carafe to warm everything up and to minimize...
by smackboy1
Mon Feb 12, 2018 11:46 am
Forum: Personal Consumer Issues
Topic: Suggest coffee maker please
Replies: 110
Views: 6338

Re: Suggest coffee maker please

I did another experiment today. I thought that maybe on my 1500 it took a while for the water to reach the max temp. So I filled it up fully and let 3/4th pour put, then I quickly removed the carafe (without switching off the machine) and placed a mug underneath, and put in a digital thermometer, a...
by smackboy1
Tue Feb 06, 2018 8:53 am
Forum: Personal Consumer Issues
Topic: How to receive large payment for a boat, PayPal vs Wire
Replies: 31
Views: 1973

Re: How to receive large payment for a boat, PayPal vs Wire

Safe ways for a selling an asset like a car or boat or house that protects both buyer and seller: 1) Bank check where both parties are at the buyer's bank and witness the buyer obtaining the actual bank check from the teller. Lots of cameras and zero chance the check is fake. Documents are signed an...
by smackboy1
Fri Feb 02, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Per Stirpes
Replies: 21
Views: 3040

Re: Per Stirpes

A beneficiary designation or pay/transfer on death for taxable accounts is an extremely powerful, but very blunt tool. It can override other estate planning and inadvertently create undesired outcomes. It may be appropriate for people where there is no risk of an unintended outcome, for example, no ...
by smackboy1
Thu Feb 01, 2018 10:25 pm
Forum: Personal Consumer Issues
Topic: "I Volunteered for the Hospital Board and was Sued for Millions."
Replies: 44
Views: 10329

Re: "I Volunteered for the Hospital Board and was Sued for Millions."

Is there a good titling strategy resource? It's mentioned a few times in the article and comments, but few specifics are offered. In brief: Some states recognize tenants-by-the-entirety. This only helps married couples and protects against creditors of only 1 spouse. It's easy to do, free and offer...
by smackboy1
Thu Feb 01, 2018 12:40 pm
Forum: Personal Consumer Issues
Topic: Buy a new car or not?
Replies: 34
Views: 2593

Re: Buy a new car or not?

emoore wrote:
Wed Jan 31, 2018 11:33 am
How does the OP sounds like a perfect fit for a Toyota or Honda? Obviously the OP likes to drive and therefore bought a Golf R.
Honda Civic Type R

https://automobiles.honda.com/civic-type-r

Toyota 86 GT

https://www.toyota.com/86/

:sharebeer
by smackboy1
Thu Feb 01, 2018 11:41 am
Forum: Personal Consumer Issues
Topic: SUV vs Minivan: which is safer?
Replies: 16
Views: 891

Re: SUV vs Minivan: which is safer?

For someone looking for a larger car that can accommodate 2 car-seats + 3 adults or maybe even 4, safety-wise , would you go with an SUV or a Minivan? When I look at safety ratings online, they only look at same-weight class vehicles. I did not find comparisons across weight classes. Any suggestion...
by smackboy1
Mon Jan 29, 2018 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Wills - Should guardian also be the executor of the estate?
Replies: 15
Views: 1018

Re: Wills - Should guardian also be the executor of the estate?

You should use an experienced attorney to help draft the documents and to help discuss pros and cons of each approach. Sometimes well-intentioned plans can have unintended consequences. Here are some things to consider: - In the unlikely event both parents perish it will be very traumatic for all th...
by smackboy1
Tue Jan 23, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Family dilemma involving wills/trusts
Replies: 24
Views: 2575

Re: Family dilemma involving wills/trusts

This hypothetical is just a potentially huge family disaster, but it's not uncommon. There's at least 3 sides to this story and it's certain son #2 and the mother's versions would sound very different. There are issues of the mother's mental competency and if son #2 obtained the will changes using u...
by smackboy1
Mon Jan 22, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?
Replies: 95
Views: 8096

Re: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?

1) Natural or man made disaster requiring immediate evacuation. If the disaster is big enough communications might be disrupted rendering credit cards useless. 2) You need to disappear quickly under the radar. Maybe you're the victim of an abusive relationships or being stalked might need to leave t...
by smackboy1
Fri Dec 15, 2017 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Legal Documents Required
Replies: 8
Views: 1277

Re: Legal Documents Required

This is what I was asking. Say Grantor #1 creates a living trust for the benefit of her daughter, with language so that the successor trustee takes over control of trust assets for the benefit of Grantor #1 in case of incapacity of Grantor #1. Say Grantor #2 sets up a testamentary trust for the ben...
by smackboy1
Fri Dec 15, 2017 4:09 pm
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 147
Views: 7083

Re: Snow Tires? Worth it?

I got 4 WRG3s on an AWD sedan and would appreciate your input on what to watch for with these tires. I also have Nokian WRG3 on an AWD minivan. I drive in NJ and drove on these tires through "snowmageddon 2015" when we got 2-3 feet drifts. I also previously had Blizzaks on the same car. Our other c...
by smackboy1
Thu Dec 14, 2017 3:37 pm
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 147
Views: 7083

Re: Snow Tires? Worth it?

1 Develop a workable plan 2 Invest early and often 3 Never bear too much or too little risk 4 Diversify 5 Never try to time the market 6 Use index funds when possible 7 Keep costs low 8 Minimize taxes 9 Invest with simplicity 10 Stay the course 11 Use snow tires :wink: 12 Don't let AWD give you a f...
by smackboy1
Thu Dec 14, 2017 9:50 am
Forum: Personal Finance (Not Investing)
Topic: your inheritance for young kids
Replies: 33
Views: 5509

Re: your inheritance for young kids

A lawyer who specializes in estates and trust will typically also have an LLM in tax. An LLM is an additional law degree post JD. LLM and CPA are entirely different things. The field of estate and trusts is very tax intensive and has to take into account current and future tax laws. Generally: When ...
by smackboy1
Wed Dec 13, 2017 2:40 pm
Forum: Personal Consumer Issues
Topic: My Costco/TrueCar auto shopping experience
Replies: 44
Views: 21348

Re: My Costco/TrueCar auto shopping experience

I know from what others have said that the TrueCar price is crap. My question is, is it still somewhat high? In other words, you're saying I should get a better price from what is quoted by them? Can you give me a ballpark figure as to how much less I should be able to get? 10%, 20% less? It's diff...
by smackboy1
Wed Dec 13, 2017 8:31 am
Forum: Personal Consumer Issues
Topic: Espresso Machine suggestions?
Replies: 41
Views: 2868

Re: Espresso Machine suggestions?

TarHeel2002 wrote:
Sat Dec 09, 2017 12:12 pm
What I do mind is the time it takes to drive to the other side of town to get a decent one.
You anywhere near Counter Culture? They have excellent coffee and knowledge.

https://counterculturecoffee.com
by smackboy1
Tue Dec 12, 2017 9:11 am
Forum: Personal Consumer Issues
Topic: Best Touch Screen Set-Up (mouse problems)
Replies: 3
Views: 317

Re: Best Touch Screen Set-Up (mouse problems)

I've been having troubles with using a mouse and was thinking of changing to something touch screen. . . With touch screen, are my options pretty much an ipad? or Chrome book? The first thing to do is figure out what the problem is that needs fixing. Then find a solution tailored to that problem. I...
by smackboy1
Mon Dec 11, 2017 4:20 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine suggestions?
Replies: 41
Views: 2868

Re: Espresso Machine suggestions?

Thanks for the link. $500-1k budget is what I was thinking. I jumped into the deep end of the espresso pool about 3 years ago so I know what it's like to be in your shoes. The most important thing is to figure out exactly what you want out of coffee before spending any $. It's really easy to waste ...
by smackboy1
Sun Dec 03, 2017 5:41 pm
Forum: Personal Consumer Issues
Topic: Buy Warranty for Bosch Appliances?
Replies: 15
Views: 1030

Re: Buy Warranty for Bosch Appliances?

Would you buy it? No. It's usually an insurance policy and not worth it. I use my Amex which will extend the OEM warranty by up to 1 year. In my experience many brand name manufacturers are customer service oriented and do not like bad reviews. Bosch is a huge consumer brand. As such in certain cir...
by smackboy1
Thu Nov 30, 2017 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Decision Needed - How to Invest Rental Income?
Replies: 16
Views: 672

Re: Decision Needed - How to Invest Rental Income?

In general though without any context, I'd tell you to keep that cash on hand for a year without doing anything. I have several rentals and have had them for years. Everything goes well for months or even a year or two, then you'll need a $8000 HVAC, or a tenant will move out and trash the place re...
by smackboy1
Mon Nov 27, 2017 5:10 pm
Forum: Personal Consumer Issues
Topic: Sous Vide?
Replies: 70
Views: 10564

Re: Sous Vide?

1. For those who've owned a sous vide/immersion circulator for number of months or years, what can you say about their durability and prospects for longer term use ? Do they hold up (specifically the Anova), or have performance drop-offs and a short lifespan (e.g., <1 year)? Do you use it fairly of...
by smackboy1
Mon Nov 27, 2017 9:51 am
Forum: Personal Consumer Issues
Topic: Safest roomy luxury suv?
Replies: 58
Views: 5509

Re: Safest roomy luxury suv?

And we’d like it to be as safe as possible. "Safety" is a difficult thing to define and evaluate. Aside from things like airbags, crumple zones and side impact protection, there's autonomous driving technology, collision avoidance systems, vehicle stability systems, cameras, radar, laser, tire pres...
by smackboy1
Mon Nov 20, 2017 2:49 pm
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 93
Views: 6294

Re: Uber for someone who knows only taxis

What are your tips on using Uber? (Speaking of which... what about tips?) My experience in using taxis is that only once in my whole life have I ever been seriously uncomfortable with a driver (he was drunk). How often have you personally been seriously uncomfortable with Uber? What would you say a...
by smackboy1
Fri Nov 17, 2017 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: POAs may not be that powerful
Replies: 94
Views: 5676

Re: POAs may not be that powerful

Durable POAs present a huge risk of fraud or malfeasance. To be useful they have to give the agent immediate unfettered power over the principal's assets. This is either simply not true or else we are not all understanding the term "durable" to mean the same thing (probably the later). Some have in...
by smackboy1
Wed Nov 15, 2017 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: POAs may not be that powerful
Replies: 94
Views: 5676

Re: POAs may not be that powerful

Durable POAs present a huge risk of fraud or malfeasance. To be useful they have to give the agent immediate unfettered power over the principal's assets. Financial institutions do not like getting caught in the middle and potentially be exposed to liability. Durable POAs are generally not drafted t...
by smackboy1
Tue Nov 14, 2017 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Borrowing from parents - what interest rate?
Replies: 52
Views: 4041

Re: Borrowing from parents - what interest rate?

I am soon to borrow a substantial sum of money from my parents, which will be used to purchase a new home. The loan will be repaid within 5 years and we will have a formal agreement drawn up to avoid any misunderstandings down the track. The money will come from the portion of their retirement savi...
by smackboy1
Wed Nov 08, 2017 11:01 am
Forum: Personal Consumer Issues
Topic: Negotiating for a new car purchase
Replies: 86
Views: 7605

Re: Negotiating for a new car purchase

The key to successful negotiation - any negotiation, is to understand what is really happening in the minds of the parties. Professional negotiators know this i.e. salepeople, lawyers, politicians, diplomats, hostage negotiators etc.. The average layperson does not understand this and are like the f...
by smackboy1
Tue Oct 31, 2017 1:24 pm
Forum: Personal Consumer Issues
Topic: Non Stick frying pan
Replies: 73
Views: 6541

Re: Non Stick frying pan

I need a little consumer advice on purchasing a good non stick frying pan. I cook eggs at least 3 times a week and need a frying pan that will hold up to this constant abuse of sticky eggs and cheese. I have tried upgrading to Calphalon with fantastic results at first but after about 2 years it tur...
by smackboy1
Tue Oct 31, 2017 1:12 pm
Forum: Personal Consumer Issues
Topic: Get Lexus service at Toyota and save?
Replies: 29
Views: 2027

Re: Get Lexus service at Toyota and save?

Called the Lexus dealer for a quote on a straight oil change and tire rotation in our hybrid Lexus: $180 Called the independent Lexus specialist for the same service: $170 Called the Toyota dealership: $70 Is there any reason not to just take the Lexus to the Toyota dealer and save $100? Why not ta...
by smackboy1
Wed Oct 25, 2017 4:08 pm
Forum: Personal Consumer Issues
Topic: Package addresssed to my address, someone else's name, on house I am selling
Replies: 35
Views: 2987

Re: Package addresssed to my address, someone else's name, on house I am selling

My wife & recently moved and are selling our old house. She dropped by the house to do something or other and found a package on the porch. It was addressed properly to that house, but the name on the package is one neither of us recognized. The package appears to contain a new smartphone. How do I...
by smackboy1
Mon Oct 23, 2017 6:28 pm
Forum: Personal Consumer Issues
Topic: Any BMW X5 owners?
Replies: 17
Views: 2575

Re: Any BMW X5 owners?

I am looking at an Mpsort 2015 X5 cpo, but hearing so many people say not to own it out of warranty makes me not take the risk. We did lease a 328xi and it was great, but don't know if it would have had issues if we had kept it past it warranty. The BMW code for the X5 chassis you are looking for i...
by smackboy1
Sun Oct 22, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Directed Trustees
Replies: 5
Views: 440

Re: Directed Trustees

I have heard that there are trust companies known as directed trustees which allow for a separate financial advisor to do the investing part while the directed trustee does the administrative tasks such as accountings, tax returns, etc. I have done an internet search to find such a directed trustee...
by smackboy1
Sun Oct 22, 2017 8:55 pm
Forum: Personal Consumer Issues
Topic: Car Enthusiasts Unite! - Porsche, Benz, Ferrari, Lambo, etc.
Replies: 72
Views: 5680

Re: Car Enthusiasts Unite! - Porsche, Benz, Ferrari, Lambo, etc.

I haven't actually tracked my Porsche or any of my other cars (like my Viper that I used to have) for the reason that it is expensive to maintain a Porsche, we all know that, but I can afford it. But, when you track a car, there is a lot of wear/tear that gets put on the car and that will just caus...
by smackboy1
Sun Oct 22, 2017 1:08 pm
Forum: Personal Consumer Issues
Topic: Car Enthusiasts Unite! - Porsche, Benz, Ferrari, Lambo, etc.
Replies: 72
Views: 5680

Re: Car Enthusiasts Unite! - Porsche, Benz, Ferrari, Lambo, etc.

Right now my stable is a 2012 Mazdaspeed3 and a 2007 Porsche 911 Turbo all of them paid in full cash. As I start to grow older and my wife and I start to focus on starting a family next year, I'm starting to "mature" in my car taste I feel. I no longer feel the need that I need a "daily driver" and...
by smackboy1
Sun Oct 22, 2017 9:37 am
Forum: Investing - Theory, News & General
Topic: My Favorite Alternative Funds
Replies: 198
Views: 26649

Re: My Favorite Alternative Funds

Something else to ponder is what is meant by "risk". What do you understand to be "bond-like risk" and what others are describing by the same term? I would guess that most people are only talking about standard deviation and correlation. So an investment with an SD of 10 would be said to have compar...
by smackboy1
Thu Oct 12, 2017 9:42 am
Forum: Personal Consumer Issues
Topic: SUV options with 3 little kids
Replies: 57
Views: 4045

Re: SUV options with 3 little kids

The most practical option is the minivan. It's not the most stylish or luxurious or technologically advanced. Getting an SUV instead of a minivan is not the end of the world, but it will involve some compromises. We've owned almost the brands you mentioned: Audi, MB, Porsche, BMW, Land Rover, Toyota...
by smackboy1
Thu Oct 12, 2017 8:58 am
Forum: Investing - Theory, News & General
Topic: My Favorite Alternative Funds
Replies: 198
Views: 26649

Re: My Favorite Alternative Funds

But isn't comparing SRRIX to the stock of reinsurance companies missing the point? An investment in SRRIX is exposure to returns and risks of only the profits and losses of the insurance underwriting. The quotas it holds are like profit/loss sharing contracts. Whereas investing in BRK or Munich Re o...
by smackboy1
Tue Oct 10, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Asking for discounts
Replies: 59
Views: 7115

Re: Asking for discounts

For those for whom the link didn't work, here is the the This American Life - Good Guys broadcast: https://www.youtube.com/watch?v=Yv9uH8iLVy8 This is an interesting topic and I've made similar observations. I've noticed that asking for discounts is just one manifestation of a much broader personali...
by smackboy1
Tue Oct 10, 2017 8:27 am
Forum: Personal Consumer Issues
Topic: When to buy new tires? - penny or quarter test
Replies: 35
Views: 2527

Re: When to buy new tires? - penny or quarter test

Tire replacement time can be a nuanced decision. But it's never wrong to err on the side of caution and replace tires a bit earlier rather than risk an accident. After all, the entire 2 ton car and passengers are riding on 4 rubber contact patches, each of which is only about the area of your hand/f...
by smackboy1
Fri Sep 29, 2017 12:08 pm
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 268
Views: 66499

Re: My New Car Buying Tips

Congrats! And thanks for the detailed write up. I just bought 2 BMWs in the last 12 months using this method and saved thousands of $ and hours of time. Here are some tips and observations of my own: - Not all dealerships or sales managers care about internet sales. Dealerships have allocations of n...
by smackboy1
Thu Sep 21, 2017 7:32 pm
Forum: Personal Consumer Issues
Topic: Set up a "reverse auction" to get a deal on buying a car
Replies: 32
Views: 2899

Re: Set up a "reverse auction" to get a deal on buying a car

I bought 2 BMWs built to order from the factory using this reverse auction process. I just took delivery of a 2018 3 series last week for an out the door price 13% less than the MSRP + tax, tags and fees. When I placed the order the 2018 cars hadn't even left the factories yet. Last year I ordered a...
by smackboy1
Fri Sep 15, 2017 8:54 am
Forum: Personal Consumer Issues
Topic: Audio books
Replies: 28
Views: 1959

Re: Audio books

I get all my audio books from my local library. Either CDs or electronic media. Audio books can also be borrowed via inter library loan. iTunes can be used to convert CD media to audio files for listening on devices. I use Chapter and Verse to chapterize all the files for easy organization and liste...
by smackboy1
Mon Sep 11, 2017 2:07 pm
Forum: Personal Consumer Issues
Topic: "Luxury" Vinyl vs Laminate flooring?
Replies: 35
Views: 3602

Re: "Luxury" Vinyl vs Laminate flooring?

We remodeled our house a year ago. We used Shaw Floorte top of the line vinyl throughout. https://shawfloors.com/inspiration/special-collections/resilient-vinyl-design/floorte-pro We did not use laminate at all because unlike vinyl it is susceptible to water damage. We replaced the oak floor in the ...
by smackboy1
Mon Sep 11, 2017 12:00 pm
Forum: Personal Consumer Issues
Topic: UPS plug problem
Replies: 8
Views: 1050

Re: UPS plug problem

Most UPS do not have enough outlets. Get splitter extensions so you can plug in more devices.

https://www.amazon.com/C2G-Cables-29803 ... %2Bac&th=1