Search found 1127 matches

by smackboy1
Thu Nov 14, 2019 8:40 am
Forum: Personal Consumer Issues
Topic: Snow tires
Replies: 45
Views: 2736

Re: Snow tires

I am in NJ and used to uses Nokian WRG3 all weather tires on an AWD minivan. They were outstanding in the winter on snow and ice. Virtually indistinguishable in winter performance from dedicated winter tires like Blizzaks which I also used on the same car. But I would not say they are "4 season" tir...
by smackboy1
Fri Nov 08, 2019 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Help Dad do estate planning math and make adjustments
Replies: 45
Views: 2595

Re: Help Dad do estate planning math and make adjustments

The feud itself has more to do with how the gift was made, and a longstanding implicit trust that was broken by Sister #1's actions to accomplish the gift when she took her parents to a law office during her Mom's last days of home hospice after a long battle with cancer. This action was hidden fro...
by smackboy1
Wed Nov 06, 2019 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Can a prenup & liability coverage be enough to forego having a trust?
Replies: 14
Views: 1193

Re: Can a prenup & liability coverage be enough to forego having a trust?

My question for you all is, "Do you think enough umbrella liability coverage - not "portfolio insurance" - combined with an agreed-upon prenup can protect my assets as well as a trust can?" :?: The short answer is "no". These are 3 completely different tools and their functions are not the same at ...
by smackboy1
Tue Nov 05, 2019 9:44 am
Forum: Personal Consumer Issues
Topic: Stinky Front Loader (Washer)
Replies: 39
Views: 2291

Re: Stinky Front Loader (Washer)

We have front loading washers. It's a design problem because the moisture cannot escape which leads to mold and mildew. Chemical cleaning is only a short term fix. We got a Washer Fan years ago and that pretty much eliminated the odor problem.

https://washerfan.com/
by smackboy1
Tue Nov 05, 2019 9:40 am
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 544
Views: 72278

Re: Flaunt Your High-Mileage Car

2007 MINI Cooper S 190,000 miles - does anybody else have a BMW product that lasted this long??? I'm blown away by this. I assumed Minis just returned to dust at around 60k. We have a 2007 Cooper S too... although with only 33,000 miles on it. I assume I can put another 160,000 on ours, right? Shou...
by smackboy1
Fri Nov 01, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: how does Personal Umbrella Insurance work?
Replies: 28
Views: 2650

Re: how does Personal Umbrella Insurance work?

There is no insurance that would cover "just about any liability". Umbrella is excess liability coverage which means that it only kicks in when your primary insurance policy is exceeded. Typically it's excess liability coverage for homeowners and auto insurance. Homeowners and auto do not cover thin...
by smackboy1
Thu Oct 31, 2019 12:48 pm
Forum: Personal Investments
Topic: Muni Bond Fund -- New Jersey resident
Replies: 6
Views: 561

Re: Muni Bond Fund -- New Jersey resident

Not a simple question to answer for a few reasons: - Before taking taxes into consideration, think about the risk you want to take and how it fits into the overall asset allocation. - Muni bonds can be safe, but they are not the same as treasury bonds. An example is the pension liabilities some stat...
by smackboy1
Thu Oct 31, 2019 10:59 am
Forum: Personal Consumer Issues
Topic: APC power backup for extended outages
Replies: 29
Views: 1325

Re: APC power backup for extended outages

Has anyone installed an APC power backup for their wifi router which would give connectivity during extended outages (such as we just had in Norcal)? My ISP is always up but my APC could only power the router about 2 hours. I could upgrade to a bigger APC and perhaps an additional battery. But perh...
by smackboy1
Thu Oct 31, 2019 10:50 am
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 359
Views: 112372

Re: My New Car Buying Tips

disagree with not getting their best price via email. No way would I go in for a test drive, maybe talk on the phone if I had to. Bought new Mazda cx-5 in July and got best price via email. Went in to sign paperwork and there were no surprises. Emailed about 15 dealers, some played along, some didn...
by smackboy1
Sun Oct 27, 2019 4:22 pm
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 359
Views: 112372

Re: My New Car Buying Tips

I just bought our 3rd car using this email reverse auction method. About 12% (~$6,000) below MSRP. I learned a few more tricks this time around. - Almost all dealerships now have internet sales departments and will play the email OTD shopping game - to an extent. Most will make a bid, but won't real...
by smackboy1
Thu Oct 24, 2019 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Do we need a trust? (MIL to keep extended family away from assets)
Replies: 20
Views: 3535

Re: Do we need a trust? (MIL to keep extended family away from assets)

Anything that can be done to add some legal protection? Would a trust be helpful in this situation? My MIL is interested in seeing her desires carried out as currently prescribed without risk of alteration. The answer to this question is beyond the scope of this forum because so much depends on det...
by smackboy1
Tue Oct 15, 2019 7:03 pm
Forum: Personal Consumer Issues
Topic: Electric Car Charger - options/Amp settings?
Replies: 42
Views: 2691

Re: Electric Car Charger - options/Amp settings?

But what if the evse needs to be outside? Usually they have either a 6-50 or 14-50 plug and cord that is only a foot long that feeds from the bottom of the unit. Unless you get a weatherproof box but haven't seen one with an opening on top. They make outdoor 50A outlets for RV parks. I think Clippe...
by smackboy1
Tue Oct 15, 2019 5:46 pm
Forum: Personal Consumer Issues
Topic: Electric Car Charger - options/Amp settings?
Replies: 42
Views: 2691

Re: Electric Car Charger - options/Amp settings?

We have have 2 BMW PHEVs; a 2017 and 2018. We had 2 charging stations installed in our garage so both cars can charge simultaneously. First, some nomenclature: the electronic device that is plugged into the wall and the car is called an EVSE (Electric Vehicle Supply Equipment). It's a fancy extensio...
by smackboy1
Fri Oct 11, 2019 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Best Trust Company For Spendthrift Child
Replies: 13
Views: 1970

Re: Best Trust Company For Spendthrift Child

A trust is not a parent, but many of it's functions are designed to do some of the things a parent might do, if they were alive. A corporate trustee has many advantages: Financially responsible Unbiased Unmotivated by greed, conflict of interest, emotions Rational objective judgment Expertise Immort...
by smackboy1
Wed Oct 09, 2019 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Asset protection
Replies: 34
Views: 3188

Re: Asset protection

my wife is a new nurse practitioner and the cost of personal malpractice insurance is very high $3k - $5k per year in relation to her salary which has led me down the asset protection route. She works under an MD who added her to his malpractice policy, but I don't want to rely on that. We live in ...
by smackboy1
Tue Oct 08, 2019 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Malpractice Tail Coverage - Difficult Decision?
Replies: 9
Views: 968

Re: Malpractice Tail Coverage - Difficult Decision?

Insurance is a safety net so THE most important criteria is that it is there when you need it. IMHO go with the company that:

Better financial rating (rated A or better)

Higher volume of med mal insurance written

Been in the med mal business for longer
by smackboy1
Sun Sep 08, 2019 10:49 am
Forum: Personal Investments
Topic: Multi-generational trust
Replies: 26
Views: 1808

Re: Multi-generational trust

If the trust is to be established by a will, can the trust be in another state? That's a question that should be answered by your estate planning lawyer. Generally, if a competent lawyer is used, then establishing a trust in a different state should not be a problem. Very few people can accurately ...
by smackboy1
Sat Sep 07, 2019 5:03 pm
Forum: Personal Investments
Topic: Multi-generational trust
Replies: 26
Views: 1808

Re: Multi-generational trust

Right. My attorney explained this. The partial work-around is what's called (among other things) a royal trust or a Queen of England trust. The trust has its lifetime limited by the lifetime of a specific person, plus 21 years. That person does NOT need to be a beneficiary. So it is expressed somet...
by smackboy1
Sat Sep 07, 2019 4:14 pm
Forum: Personal Investments
Topic: Locating a good, unbiased “financial advisor”
Replies: 15
Views: 1606

Re: Locating a good, unbiased “financial advisor”

Take a look at Allan Roth. Hourly fee based advice. No management of the accounts.

https://daretobedull.com
by smackboy1
Thu Sep 05, 2019 8:18 am
Forum: Personal Consumer Issues
Topic: "Home" Cell Phone
Replies: 40
Views: 3487

Re: "Home" Cell Phone

Keep in mind any telephone is only as good as the network. - Cell companies are decommissioning 2G and soon 3G. AT&T 2G is gone. VZW 2G will be gone by end of 2019. 3G might be gone as soon as 2020. If you want to future proof the phone, make sure it is 4G. - During extended power outage the cell to...
by smackboy1
Wed Sep 04, 2019 4:33 pm
Forum: Personal Consumer Issues
Topic: Recommended apps for NYC?
Replies: 6
Views: 532

Re: Recommended apps for NYC?

Uber and Lyft
by smackboy1
Mon Sep 02, 2019 2:21 pm
Forum: Personal Consumer Issues
Topic: New car delivery - what to check?
Replies: 22
Views: 1651

Re: New car delivery - what to check?

Check for things not covered by the warranty and lemon laws. Make sure you are getting what you think you are getting, especially the financials. Usually when taking delivery of a new car the person that goes over the financing are the experienced closers. They are the ones that sell the extended wa...
by smackboy1
Fri Aug 30, 2019 5:11 pm
Forum: Personal Consumer Issues
Topic: Coffee becomes cold too soon
Replies: 116
Views: 8607

Re: Coffee becomes cold too soon

Zojirushi stainless steel vacuum travel mug with a flip lid and drinking spout. The spout keeps heat loss from the top minimal and the lid can be closed between sips. Preheat with boiling water before filling. It's literally kept my coffee hot for hours.
by smackboy1
Fri Aug 30, 2019 3:01 pm
Forum: Personal Consumer Issues
Topic: Which Weber charcoal grill?
Replies: 16
Views: 963

Re: Which Weber charcoal grill?

I have the 22" Performer Deluxe with the propane ignition. The table is very useful. The propane ignition combined with a chimney makes starting the charcoal super easy without messing around with newspaper.
by smackboy1
Wed Aug 28, 2019 7:39 pm
Forum: Personal Consumer Issues
Topic: Do I need Uninsured Motorist Bodily Injury if I have health insurance?
Replies: 54
Views: 3356

Re: Do I need Uninsured Motorist Bodily Injury if I have health insurance?

Personal Injury Protection (PIP) is more commonly known as no-fault insurance. It's required in a few states, and may be optional in others. I think some states don't have PIP. The general idea of PIP coverage is that in an accident, regardless of who is at fault, the injured party looks to their ow...
by smackboy1
Mon Aug 26, 2019 5:42 pm
Forum: Personal Investments
Topic: Trustee/"CIO"/Money Manager model for trust?
Replies: 11
Views: 643

Re: Trustee/"CIO"/Money Manager model for trust?

The following is a structure which could be used with a directed trustee whereby the trustee is not responsible for investing assets: - The trust document defines an investment committee. The investment committee could be a group of people, a single person, or a legal entity. The investment committe...
by smackboy1
Wed Aug 21, 2019 9:08 pm
Forum: Personal Consumer Issues
Topic: Freeze coffee beans?
Replies: 22
Views: 1373

Re: Freeze coffee beans?

I just bought about a month of freshly roasted beans. Should I freeze half of them or does it not make a difference as long as they’re stored air tight? Generally whole bean coffee is at it's best after off gassing 1 week from roast date. It will still be good for 2 about more weeks. After around 4...
by smackboy1
Mon Aug 19, 2019 5:55 pm
Forum: Personal Consumer Issues
Topic: Front load washer mold
Replies: 30
Views: 2855

Re: Front load washer mold

Get a Washer Fan

https://washerfan.com/

I've used the same Washer Fan for years on 2 different front loaders and there's no smell no mildew. Works great without chemicals.
by smackboy1
Thu Aug 15, 2019 2:55 pm
Forum: Investing - Theory, News & General
Topic: Personal Flagship Representaive Going Away
Replies: 126
Views: 13548

Re: Personal Flagship Representaive Going Away

We are Flagship Select, supposedly Vanguard's highest level for personal investors. TBH the level of service is not more elite compared to Voyager or Flagship. Half the time my Flagship Select rep is not even available so I get a random FS rep. Almost all the time it makes little to no difference. V...
by smackboy1
Mon Aug 12, 2019 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Services
Replies: 204
Views: 24609

Re: Trust Services

Portfoliosolutions.com which is Rick Ferri's old firm. Their approach is entirely passive using index mutual funds and index ETFs. I am not rendering an opinion on whether Portfolio Solutions is or is not a good choice of RIA. However, a quick search will reveal that Rick Ferri sold Portfolio Solut...
by smackboy1
Sat Aug 10, 2019 10:34 pm
Forum: Personal Consumer Issues
Topic: My mortgagor wants to sell a slice of the land. Thoughts?
Replies: 97
Views: 6670

Re: My mortgagor wants to sell a slice of the land. Thoughts?

I hold an owner-financed mortgage on a 30 acre piece of land, with a small house on it. Sold it 3-4 years ago, buyer (couple, 2 kids) has paid on time. They want to sell a small slice of it, 2 acres, to a neighbor. They asked if it was okay, "they didn't see anything against it in the paperwork". 1...
by smackboy1
Wed Aug 07, 2019 11:01 am
Forum: Personal Finance (Not Investing)
Topic: do I need a will?
Replies: 14
Views: 1278

Re: do I need a will?

I don't have a will and don't think I need one for these reasons: I own no car or property other than bank and brokerage accounts... Since the TOD assets would not go through probate I don't see that I have any need for a will. Both you and your wife should probably each have the following (or what...
by smackboy1
Wed Jul 17, 2019 9:21 am
Forum: Personal Finance (Not Investing)
Topic: No A/C in Office [not a safe work environment]
Replies: 86
Views: 8381

Re: No A/C in Office [not a safe work environment]

Does the workplace have airflow and and fresh air ventilation? If it's an enclosed box with none of that, you may have an issue with indoor air quality. Has the employer been made aware of any employees experiencing symptoms of poor IAQ? https://www.osha.gov/SLTC/indoorairquality/faqs.html https://w...
by smackboy1
Tue Jul 16, 2019 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Services
Replies: 204
Views: 24609

Re: Trust Services

Perhaps a statement in the Trust that says if portfolio is not invested in VTI, the Special Co-Trustee can come riding in and terminate the Trust distributing to beneficiaries and ending the Successor Trustee's fee. That ought to get their attention. Either get $70K for one or two years or invest i...
by smackboy1
Sat Jul 13, 2019 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Would Love Some Guidance On An Umbrella Policy
Replies: 28
Views: 2144

Re: Would Love Some Guidance On An Umbrella Policy

Perhaps you're right and I don't need a policy. I don't own a car nor do I own a house right now (I rent) but I do occasionally drive a family member's car. If you had an accident in that car you could be sued for damages. I wouldn't count on the car owner's insurance being sufficient or even in pl...
by smackboy1
Fri Jul 12, 2019 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Services
Replies: 204
Views: 24609

Re: Trust Services

Even though Successor Trustees will get a fat fee every year (over $50 K) most are reluctant to manage a VTI based (total US stock market) portfolio. With proper planning and the correct successor trustee chosen this should not happen unless the total assets under the trust approaches maybe 8-9 fig...
by smackboy1
Fri Jul 12, 2019 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Would Love Some Guidance On An Umbrella Policy
Replies: 28
Views: 2144

Re: Would Love Some Guidance On An Umbrella Policy

Hi friends. I'm interested in getting an umbrella policy but given I live in a city and don't own a car, it's been tough finding a policy. State Farm will offer me an umbrella policy if I also get non-owner auto insurance and renter's insurance. I'm unclear how much I should get for the policy and ...
by smackboy1
Wed Jul 10, 2019 11:54 am
Forum: Personal Consumer Issues
Topic: Friend's car caught in flood ?
Replies: 97
Views: 7671

Re: Friend's car caught in flood ?

During the recent downpour and flash flood warnings, a friend of ours was caught in rapidly rising water at an intersection. His car (late 90's Camry) stalled and the water rose up to mid door level. When the water drained, the car would not start and the security system locked things up. His repai...
by smackboy1
Wed Jul 10, 2019 8:51 am
Forum: Personal Consumer Issues
Topic: When to use a fuel stabilizer - for cars, boats, lawn mowers, etc?
Replies: 47
Views: 3430

Re: When to use a fuel stabilizer - for cars, boats, lawn mowers, etc?

Gasoline starts to turn into varnish around 2 months. I add fuel stabilizer to any gas that might possibly sit around for 2 months or more that won't be replenished with fresh fuel e.g. snow blower, portable generator, cars not driven during winter. If I'm not sure, I add stabilizer. It's cheaper an...
by smackboy1
Wed Jul 10, 2019 7:33 am
Forum: Personal Finance (Not Investing)
Topic: In-Laws are estate/Medicaid planning - need help
Replies: 24
Views: 2443

Re: In Laws are estate/Medicaid planning - need help

They live in a home/farm land that has been in the family for three generations. The home and land are VERY important to my father-in-law. He would like one of his two children to take it over when they pass away but neither wants to live there and both live far out of state. When the time comes, m...
by smackboy1
Wed Jul 03, 2019 7:22 pm
Forum: Personal Consumer Issues
Topic: Cleaning bugs off car bumper
Replies: 32
Views: 2719

Re: Cleaning bugs off car bumper

I use Schaeffer Citrol Cleaner which I found out about on a Youtube detailing channel. If you let it soak in it works really well on bugs and road tar too.
by smackboy1
Wed Jul 03, 2019 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Protect my inheritance from divorce with a trust?
Replies: 30
Views: 3403

Re: Protect my inheritance from divorce with a trust?

I am the executor of my grandfather's estate, with everything getting split between me and my sister. I will hopefully be closing everything out by the end of this month and be ready to create my own estate possibly. Not sure what exactly all I will end up with, but it will be more than I had befor...
by smackboy1
Wed Jul 03, 2019 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: New Landlord Here! Your Top Tips to include in a Lease?
Replies: 52
Views: 4401

Re: New Landlord Here! Your Top Tips to include in a Lease?

Hi all! I am renting out my first property. It's a condo. The renters will be a mother, daughter, and small dog. What are your top tips to include in the lease? (Besides the standard language. I am using the standard association of Realtors form.) Do NOT use the standard realtor lease form unmodifi...
by smackboy1
Thu Jun 20, 2019 11:11 am
Forum: Personal Finance (Not Investing)
Topic: First Child - Writing a Will
Replies: 11
Views: 796

Re: First Child - Writing a Will

My wife and I are expecting our first child and want to make sure we have things lined up well in terms of financial security through insurance and a will. My simple question is - should I plan to write/sign a will before the child is born and then just update it, or would it be best to draft the w...
by smackboy1
Fri Jun 07, 2019 9:04 am
Forum: Personal Consumer Issues
Topic: Replacing AC, should we also replace furnace?
Replies: 21
Views: 1644

Re: Replacing AC, should we also replace furnace?

I see. Thank you for sharing your thoughts. So if it’s was you, would you have the same guy do the load calculation? Or would you part ways with the guy, likely losing at least the $2,000 deposit in the process? Just to be clear, even our general contractor noted that the evaporative coil for the u...
by smackboy1
Thu Jun 06, 2019 10:01 pm
Forum: Personal Consumer Issues
Topic: Replacing AC, should we also replace furnace?
Replies: 21
Views: 1644

Re: Replacing AC, should we also replace furnace?

Ok, let's say you're 100% correct. We already gave him a $2,000 deposit and he already ordered the equipment. What would you recommend we do in this specific situation? There's no contract per se, except a written estimate he provided. EDIT: also, I think he may have pulled a permit, as he was aski...
by smackboy1
Thu Jun 06, 2019 8:41 pm
Forum: Personal Consumer Issues
Topic: Replacing AC, should we also replace furnace?
Replies: 21
Views: 1644

Re: Replacing AC, should we also replace furnace?

Re J load calculations: "I wouldn't bother. Home is new enough one should have been done when installed. It's definitely NOT oversized. And doesn't have a capacity problem." The HVAC contractor is either lazy, incompetent or both. In order to have comfort the HVAC has to be correctly sized for hous...
by smackboy1
Thu Jun 06, 2019 10:44 am
Forum: Personal Consumer Issues
Topic: Replacing AC, should we also replace furnace?
Replies: 21
Views: 1644

Re: Replacing AC, should we also replace furnace?

Did this HVAC contractor perform a manual J and go over it with you? I didn't see any mention of load calcs. Did he also explain the benefits of multiple stage cooling/heating and variable fan speed blowers? At the end of the day you are not buying an HVAC system, you are buying comfort in your home...
by smackboy1
Thu May 30, 2019 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Another Trustee/trust Question
Replies: 16
Views: 1272

Re: Another Trustee/trust Question

Vanguard uses PA laws and I have no idea how they compare. This is not really accurate. Vanguard is a national trust company and the laws that govern the trust are the laws of the jurisdiction specified in the trust instrument. I have a trust with Vanguard as successor trustee and the laws of Flori...
by smackboy1
Thu May 30, 2019 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Another Trustee/trust Question
Replies: 16
Views: 1272

Re: Another Trustee/trust Question

Kids 11 & 13. 4M in networth and life insurance. Really don't want to put that much money in one person's pocket. Is Vanguard a good trustee or is there another well known institution with low fees? What percentage should we expect to pay? Brother and sister-in-law will be the primary guardians and...