Search found 276 matches

by sschoe2
Sun Oct 14, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: When to stop putting money into an older vehicle
Replies: 25
Views: 1564

Re: When to stop putting money into an older vehicle

When you start triaging problems and ignoring some it is time. I would plan on replacing it soon as the next major problem and it is gone.
by sschoe2
Thu Oct 11, 2018 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Job Opportunity - Via Staffing Agency
Replies: 29
Views: 2193

Re: Job Opportunity - Via Staffing Agency

I would not take one of these so called "temp-to-hire" jobs. The WE Upjohn Institute for Employment Research found only 27% of them actually do ever become permanent direct employment. My field is infested (chemistry) with staffing agencies and my experience with them is not good. The companies that...
by sschoe2
Wed Sep 19, 2018 6:54 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 25090

Re: What is your single most expensive mistake?

Majoring in Chemistry/Biochemistry. Every time I hang up on a recruiter wanting to pay me $15 an hour (with an MSc and 10 years experience) with no or crap benefits reinforces that.
by sschoe2
Wed Aug 29, 2018 4:07 pm
Forum: Personal Consumer Issues
Topic: Bone in my food
Replies: 107
Views: 4240

Re: Bone in my food

Sometimes boneless chicken breasts still have small bone fragments that haven't gotten separated out. It happens and generally doesn't cause problems.
by sschoe2
Wed Aug 29, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: Bone in my food
Replies: 107
Views: 4240

Re: Bone in my food

Is this a serious post/thread? :oops: OP, you're not a fan of Chipotle, don't like their meat, only tolerate their chicken, and you eat there once or twice a week?? Is Chipotle the only restaurant around you? It is surprising that disparaging a restaurant by name is permitted here. Why? We beat dow...
by sschoe2
Fri Aug 03, 2018 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Cannot redeem [Non-traded stock]
Replies: 4
Views: 386

Re: Cannot redeem [Non-traded stock]

I've also heard Bob Brinker talk about nontraded REITS, typically in the same light as whole life, variable annuities, and high cost advisory services. They are bad news.
by sschoe2
Tue Jul 10, 2018 7:28 am
Forum: Personal Consumer Issues
Topic: Honda Accord Maintenance at 3 Years - Am I Getting Hosed?
Replies: 95
Views: 5901

Re: Honda Accord Maintenance at 3 Years - Am I Getting Hosed?

This is absolutely true and has been that way forever. Most all use the same type of fluid and the systems are mostly sealed . Honda wants you to use Honda brake fluid and tell you only in a pinch use standard DOT3. I think that is nonsense I went with DOT3 and had Sears replace it for $69. Tranny ...
by sschoe2
Mon Jul 09, 2018 8:30 am
Forum: Personal Consumer Issues
Topic: Honda key remotes/transponders
Replies: 5
Views: 682

Re: Honda key remotes/transponders

I want to clarify that I just use the original keys and the fobs I buy are keys as well but I just hacksaw off the keystalk. The keys have RFID chips in them that a transponder near the igntion cylinder has to detect and be programmed to accept. I've heard of people cutting the chip out of one key a...
by sschoe2
Mon Jul 09, 2018 7:58 am
Forum: Personal Consumer Issues
Topic: Honda key remotes/transponders
Replies: 5
Views: 682

Re: Honda key remotes/transponders

I have a 2009 Fit base. I buy the FOBs off ebay for $12 and to program them there is an ignition code where you turn the key to II and hit the remote and do that like 3 or 4 times.
by sschoe2
Mon Jul 09, 2018 7:55 am
Forum: Personal Consumer Issues
Topic: Honda Accord Maintenance at 3 Years - Am I Getting Hosed?
Replies: 95
Views: 5901

Re: Honda Accord Maintenance at 3 Years - Am I Getting Hosed?

I agree cabin and engine air filters are a rip. I use a K&N cleanable one on the engine which I got for $40 and I buy cabin airfilters off ebay for $10. Brake fluid I doubt it but I paid $69 at Sears a last year to replace the fluid. I can't think of anything you really need at 15k miles other than ...
by sschoe2
Fri Jun 29, 2018 5:49 am
Forum: Personal Consumer Issues
Topic: Best way to clean eyeglasses?
Replies: 59
Views: 4254

Re: Best way to clean eyeglasses?

Dish detergent and a microfiber cloth that is intended specifically for use with optical lenses. Avoid using paper towels or dirty cloths that might scratch because of wood or textile fibers or particles. Yep dilute dish soap and a microfiber wipe. I keep a squeeze bottle with dish soap water and u...
by sschoe2
Sun Jun 24, 2018 4:20 pm
Forum: Investing - Theory, News & General
Topic: Why won't Vanguard drop VTI & VOO expense to 0.03?
Replies: 39
Views: 3955

Re: Why won't Vanguard drop VTI & VOO expense to 0.03?

oldzey wrote:
Fri Jun 22, 2018 9:16 pm
I'd be willing to pay a few extra basis points if Vanguard would improve their online portal (website, database, IT systems, etc.).

Seriously.
I don't have any issues with Vanguard's web system. As opposed to my Well's Fargo 401k site which is a nightmare to get any useful information out of.
by sschoe2
Fri Jun 22, 2018 7:33 pm
Forum: Investing - Theory, News & General
Topic: Why won't Vanguard drop VTI & VOO expense to 0.03?
Replies: 39
Views: 3955

Re: Why won't Vanguard drop VTI & VOO expense to 0.03?

How about a negative expense ratio? They pay you extra to invest in the fund.

As per the topic Vanguard doesn't feel it can operate the funds on a .03% expense ratio. Vanguard doesn't need loss leaders.
by sschoe2
Fri Jun 22, 2018 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 35442

Re: What is/ was your career and would you recommend it now?

Biochemistry BSc. Chemist-Bio and Analytical MSc. Wound up in the food industry despite my education being more applicable to pharmaceuticals research. I got into analytical as that is where most of the jobs are. Would I recommend it? F-No. I still get recruiters wanting me to work for $15 an hour a...
by sschoe2
Thu Jun 21, 2018 8:12 am
Forum: Investing - Theory, News & General
Topic: Do you invest in Real Estate ? Why ?
Replies: 75
Views: 9495

Re: Do you invest in Real Estate ? Why ?

I have some REITs in my small cap and total stock market fund plus looks like I'll be buying a house soon so that is plenty of exposure. I don't believe in picking stocks nor sectors.
by sschoe2
Sun Jun 17, 2018 1:53 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 9386

Re: Which Supermarket are you?

livesoft wrote:
Sun Jun 17, 2018 1:16 pm
The responses in this thread (when there are enough of them) should likely end up representing the market share of each of the supermarkets in the US.
I doubt it. Bogleheads tend to be more frugal. I suspect Whole Foods, Marianos, and the like to be underrepresented.
by sschoe2
Sun Jun 17, 2018 10:45 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 9386

Re: Which Supermarket are you?

Aldi for almost everything. A bit at Walmart. Jewel for Soda.
by sschoe2
Wed Jun 13, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement
Replies: 74
Views: 7542

Re: Forbes: https://www.forbes.com/sites/josephcoughlin/2018/06/11/millennials-arent-having-kids-heres-why-thats-a-probl

what relevance does property taxes have on housing costs? You have to live somewhere, either you pay taxes or you pay rent there is no escaping cost. Huge in here in Illinois, NJ, and several other corrupt and badly run states. A modest home in Illinois can generate a $10k a year property tax bill....
by sschoe2
Wed Jun 13, 2018 7:46 am
Forum: Personal Consumer Issues
Topic: Trade-up my $89 Walmart bike
Replies: 44
Views: 2945

Re: Trade-up my $89 Walmart bike

I like Bikesdirect as well but if you don't do your own mechanics you will need to budget about $100 to have a bike shop assemble and make adjustments. Anything would be superior to a Walmart bike. That is like the difference between those old disposable film cameras they used to sell and a professi...
by sschoe2
Mon Jun 11, 2018 8:09 am
Forum: Personal Consumer Issues
Topic: What commuter car provides the best long term financial value?
Replies: 84
Views: 7408

Re: What commuter car provides the best long term financial value?

My Honda Fit that I bought in 2009 has done well for me. I average 33mpg have low repair costs.
by sschoe2
Thu May 31, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Owning house in a trust?
Replies: 34
Views: 4652

Re: Owning house in a trust?

The "Illinois Land Trust" is somewhat unique to the Land of Lincoln. A bank with trust powers, or a trust company, takes "real title" to a piece of real estate. So the public record only shows "Bank of Anywhere as Trustee under Trust #1234". Hmm I just went to the Cook County Assessor Website and d...
by sschoe2
Wed May 30, 2018 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Owning house in a trust?
Replies: 34
Views: 4652

Re: Owning house in a trust?

The only downside is the fees. It cost about $125 a year plus fees anytime you have to do anything (refinance etc). Otherwise my family home has been in a land trust in Illinois for 30 years. When my mom passed earlier this year we went to the office, filled out some forms and the house was now in o...
by sschoe2
Thu May 24, 2018 7:42 am
Forum: Personal Consumer Issues
Topic: Should I spend $1,500 on getting some rust repaired on a 15 year old Buick
Replies: 37
Views: 3237

Re: Should I spend $1,500 on getting some rust repaired on a 15 year old Buick

I'd just do what you can by yourself. It is a 15 year old car. There is more to car lifespan than miles. Parts still age sitting there, rubber and plastic deteriorates (body parts, seals, and gaskets), other parts rust, and most importantly safety feature are out of date. My mother's 1997 Pontiac Gr...
by sschoe2
Wed May 23, 2018 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Switching jobs, what to do with 401k
Replies: 13
Views: 1444

Re: Switching jobs, what to do with 401k

Generally rolling it into an IRA is the best option. No fees and unlimited investments. The only advantages I could see in rolling it into your new 401k is fewer total accounts and the possibility your 401k has access to super low cost institutional shares of Vanguard funds or similar you could not ...
by sschoe2
Tue May 22, 2018 6:50 pm
Forum: Personal Consumer Issues
Topic: Old Hot Water Heater
Replies: 20
Views: 1443

Re: Old Hot Water Heater

Mine lasted 25 years. It rusted and bulged and started oozing a bit out the top but not a steady leak.
by sschoe2
Mon May 21, 2018 9:49 am
Forum: Investing - Theory, News & General
Topic: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!
Replies: 92
Views: 9447

Re: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!

I'm confused. I though tIRA's bases are irrelevant because both the principle and growth are equally taxed at full federal and in some cases state levels.
by sschoe2
Wed May 16, 2018 7:58 am
Forum: Personal Consumer Issues
Topic: Brake work estimate
Replies: 45
Views: 3295

Re: Brake work estimate

The only complication would be if you did replace the rotors on the rear which means it has rear disc brakes the rotor is also a drum for the hand brake so you will have to mess with that as well. However, on most vehicles I've seen the rears wear a lot more slowly than fronts so I doubt it is neces...
by sschoe2
Tue May 15, 2018 9:28 pm
Forum: Personal Consumer Issues
Topic: Brake work estimate
Replies: 45
Views: 3295

Re: Brake work estimate

I generally only do rotors every other pad change unless you let the pads go until the metal was scraping. I swapped out pads on my car for $30. I think the estimate is a bit high and rotors on the rear at 67k miles are not likely needed.
by sschoe2
Mon May 14, 2018 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 43722

Re: Lucrative careers?

I would encourage you to look into Clinical Laboratory Science, especially if you enjoy biology and the other sciences. It is a behind the scenes medical profession with little to no patient contact but pay mirrors that of RNs. I have been working as a Clinical Laboratory Scientist for about 2 year...
by sschoe2
Mon May 14, 2018 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 43722

Re: Lucrative careers?

People tell you to do what you love because you will be better at it and you’re interest will show to others. You can't just do what you love. A lot of misinformed kids majored in what they loved, got worthless esoteric liberal arts degrees, and ended up working low skill low pay jobs with a boatlo...
by sschoe2
Sat May 12, 2018 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 43722

Re: Lucrative careers?

I would not advise going into the sciences. The money is not there unless you go to healthcare professional school. Pharmaceuticals R&D is dead. Heck they don't even directly hire scientists and instead use staffing/contract agencies. Unemployment is high. Where did you hear biology jobs pay $60k I ...
by sschoe2
Wed May 09, 2018 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Bad(?) advice from employer retirement advisor [on per-year contribution limits]
Replies: 29
Views: 2277

Re: Bad(?) advice from employer retirement advisor [on per-year contribution limits]

I agree he is wrong. The maximum pretax/traditional is $18,500. So you can have a 18.5k traditional 401k and $5.5k Roth IRA but not a $5.5k traditional IRA. Is that guy credentialed as in he passed any financial series?
by sschoe2
Tue May 08, 2018 3:36 pm
Forum: Personal Consumer Issues
Topic: Spark Plugs only vs Tune Up?
Replies: 29
Views: 2195

Re: Spark Plugs only vs Tune Up?

I need to do the plugs on my 09 Fit. It is a bit of a pain. You have to take the wipers off, 3 plastic trim pieces along the windshield, and a metal shelf with the wiper motors, then the coil packs and finally the plugs. The plugs are on the back of the engine near the firewall. Fortunately it only ...
by sschoe2
Mon May 07, 2018 9:27 am
Forum: Personal Finance (Not Investing)
Topic: What career for smartest kid in the class?
Replies: 132
Views: 9263

Re: What career for smartest kid in the class?

We need more smart people in politics. I'm not so sure the problem is that there are a lack of smart people in politics so much that the people in politics are more interested in serving their own interests, are out of touch with the needs of most Americans, and our election system does not make it...
by sschoe2
Mon May 07, 2018 8:53 am
Forum: Personal Finance (Not Investing)
Topic: What career for smartest kid in the class?
Replies: 132
Views: 9263

Re: What career for smartest kid in the class?

1. Cancer research/immunotherapy. 6. Vaccine development (Zika, AIDS, etc.) 7. Antibiotics. Those are some areas where we need our smartest folks. The problem with R&D is it doesn't pay well, is very unstable, and our economy really doesn't have a good way to support it. Pharmaceuticals R&D has bee...
by sschoe2
Sat May 05, 2018 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Ed. Jones rep didn't like our plan, now we're locked out
Replies: 152
Views: 19273

Re: Ed. Jones rep didn't like our plan, now we're locked out

The only people I would would trust less than Edward Jones to manage my retirement account would be the Illinois Govt. Hopefully the transfer goes smoothly and you can have your parent's portfolio with a more trustworthy and less parasitic custodian.
by sschoe2
Thu May 03, 2018 8:14 am
Forum: Personal Consumer Issues
Topic: Medicare Phone Calls
Replies: 26
Views: 2510

Re: Medicare Phone Calls

The do not call list is still in effect. I assume these are legit US based companies doing this. Report them and possibly sue them if they call your cell phone or your land line if you have no established business relationship.
by sschoe2
Thu May 03, 2018 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Pay $2500 in rent or continue living at home
Replies: 91
Views: 7040

Re: Pay $2500 in rent or continue living at home

I lived with my mom until she passed away earlier this year. I am 37. She needed my help doing errands and house chores due to mobility issues and I, in turn was able to help her out and save a ton of money. It worked out well for both of us.
by sschoe2
Thu May 03, 2018 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Are Vanguard funds really any better than Schwab funds?
Replies: 28
Views: 3505

Re: Are Vanguard funds really any better than Schwab funds?

The only difference I've heard about is tax efficiency. I read somewhere that Schwab has more turnover in their total stock market fund than Vanguard so Vanguard's is more tax efficient.
by sschoe2
Mon Apr 30, 2018 11:00 am
Forum: Personal Finance (Not Investing)
Topic: When to buy a new car (need to find a Boglehead way)
Replies: 34
Views: 3139

Re: When to buy a new car (need to find a Boglehead way)

It depends on your taste. I don't mind driving a 10 year old Honda Fit that is a bit beat up. Other people are more sensitive and need a semi to full luxury car full of bling. To answer the question I'd drive it until it no longer becomes reliable or cost efficient to keep and maintain meaning it is...
by sschoe2
Wed Apr 25, 2018 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Lump sum inherited IRA make estimate tax payment?
Replies: 9
Views: 695

Re: Lump sum inherited IRA make estimate tax payment?

Can you set this up in your name as a "beneficiary IRA"? If so you need only pay tax on the small amount you're required to take out each year based on your life expectancy. This spreads the tax hit out over many years so it's not as painful and the account can really grow into a nice nest egg--tax...
by sschoe2
Wed Apr 25, 2018 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Lump sum inherited IRA make estimate tax payment?
Replies: 9
Views: 695

Re: Lump sum inherited IRA make estimate tax payment?

Yes I am familiar way back when I had a crappy fly by night contract agency try to claim I was a 1099 Chemist and I had to file quarterly estimated taxes using EFTPS. I just printed out the receipts and kept them for tax time. I also filed ss-8 and the IRS (after taking 3 years and by that time I wa...
by sschoe2
Wed Apr 25, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Lump sum inherited IRA make estimate tax payment?
Replies: 9
Views: 695

Re: Lump sum inherited IRA make estimate tax payment?

Do you have an estimate of what your taxes will be with and without the $14770? If so, an estimated tax payment of the difference would be a reasonable thing to do. I usually end up getting a small refund. Most of my income is from my job ~$86k and they withold for taxes. I contribute $18500 to my ...
by sschoe2
Wed Apr 25, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Lump sum inherited IRA make estimate tax payment?
Replies: 9
Views: 695

Lump sum inherited IRA make estimate tax payment?

So I just received a lump sum of $14770 from my deceased mom's IRA. Do I need to make a 22% $3250 estimated tax payment via EFTPS or should I just set aside the money for when I do taxes next year. I am not sure if it will generate a penalty if I do that.
by sschoe2
Wed Apr 25, 2018 7:38 am
Forum: Personal Finance (Not Investing)
Topic: How long have you been unemployed?
Replies: 60
Views: 6298

Re: How long have you been unemployed?

Got my MSc in Chemistry in 2008 with a lot of research experience -Unemployed 8 month with nothing but insulting $15 an hour no benefits offers for contract. Refused to take it and contemplated returning to college for a totally different profession like accounting -Finally moved 800 miles to an iso...
by sschoe2
Wed Apr 25, 2018 7:16 am
Forum: Personal Finance (Not Investing)
Topic: [Vanguard account locked out due to deceased owner]
Replies: 73
Views: 6052

Re: [Vanguard account locked out due to deceased owner]

Not legally proper but assuming you and the other beneficiaries and members of the family are on the same page the easiest and least aggravating way to do it. I learned to be careful who and when to inform when my mom passed as it can create a roadblock and nightmare of bureaucratic paperwork and pr...
by sschoe2
Tue Apr 24, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: Have 2 cars keep both?
Replies: 8
Views: 607

Re: Have 2 cars keep both?

JohnFiscal wrote:
Tue Apr 24, 2018 10:22 am
Having two vehicles (assuming you are single) would be a pain. twice the costs for insurance and registration. one would sit idle and then the battery and tires go down, so it'd be a nuisance when you wanted to drive it. etc. just problems.
I drive the Elantra to work once a week for that reason.
by sschoe2
Tue Apr 24, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Have 2 cars keep both?
Replies: 8
Views: 607

Have 2 cars keep both?

So after my mother died I inherited her car. I am wondering if I should just keep it because my current car is getting up there in miles and years. My primary commuter car is a 2009 Honda Fit base. It has 104k miles on it and is a bit beat up cosmetically but otherwise in pretty good shape. I think ...