Search found 606 matches

by djpeteski
Fri Sep 21, 2018 6:10 am
Forum: Personal Consumer Issues
Topic: State Farm nickel-and-diming me
Replies: 60
Views: 4697

Re: State Farm nickel-and-diming me

You could consider yourself very lucky State Farm is willing to pay any portion of this claim. Despite their marketing, they are pretty terrible.
by djpeteski
Wed Sep 19, 2018 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: New job offer
Replies: 14
Views: 1738

Re: New job offer

I currently drive about an hour each way, I wish I could ride the hour instead of drive. What you do with that time will make all the difference to your life. If you plan on spending it smoking and drinking, I would say keep your current job. If you can spend it reading, writing, even sleeping I wou...
by djpeteski
Wed Sep 19, 2018 11:39 am
Forum: Investing - Theory, News & General
Topic: “Majority of working-age Americans have no retirement savings”
Replies: 73
Views: 3815

Re: “Majority of working-age Americans have no retirement savings”

The median retirement account balance among working-age Americans is zero, according to a research report by the National Institute on Retirement Security, a non-profit research group based in Washington. ... The report found about 80% of working Americans have less than one year's income saved in ...
by djpeteski
Wed Sep 19, 2018 9:47 am
Forum: Personal Consumer Issues
Topic: Should I bother meeting with a Chase Private Client Rep
Replies: 44
Views: 3303

Re: Should I bother meeting with a Chase Private Client Rep

You can look at the Chase Private Client site and see if you can derive any benefit from being such. Some people enjoy free or discounted museum admission. Others need the free safety deposit box, or cashier's checks. I think they also used to discount mortgages but I am not seeing that on their sit...
by djpeteski
Tue Sep 18, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: Inexpensive source for greeting cards?
Replies: 27
Views: 1478

Re: Inexpensive source for greeting cards?

A couple of times a year my wife takes $50 and buys greeting cards at the local Family Dollar, otherwise known as the "Red dollar store". They tend to have pretty nice cards in the 1-2$ range. I also picked up a couple of nice ones at the "Green dollar store", actually Dollar Tree. She buys them for...
by djpeteski
Tue Sep 18, 2018 7:06 am
Forum: Personal Consumer Issues
Topic: New SUV
Replies: 24
Views: 2024

Re: New SUV

I'm planning on replacing my '09 Mariner next spring and have my eye on the redesigned 2019 Ford Edge. I've been trying to find something that has the same (or slightly bigger) interior capacity as my Mariner. I also don't have the need for 3rd row seating. The Edge seems to meet those needs. I hav...
by djpeteski
Mon Sep 17, 2018 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Employer won't Match 401k. Why?
Replies: 52
Views: 5353

Re: Employer won't Match 401k. Why?

A 401K can legally have up to $55.5K put into it per year. That's $18.5K pretax from the employee, up to 100% pretax match from employer, and additional 18.5K post tax from employee "if your plan allows." If you have a strong desire to contribute up-to or near the limit of 55.5k, you will need to s...
by djpeteski
Mon Sep 17, 2018 6:16 am
Forum: Personal Finance (Not Investing)
Topic: 38% pay cut for dream job?
Replies: 61
Views: 5078

Re: 38% pay cut for dream job?

Minet, I am curious what you decided (if you've decided). The job sounds like a great fit for you and your wife. But I guess I am surprised it wouldn't screw up the adoption process, and/or make it very difficult to raise young kids given the potential posts for a junior FSO. I don't think the pay ...
by djpeteski
Fri Sep 14, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Leasing Cars in Retirement
Replies: 82
Views: 5928

Re: Leasing Cars in Retirement

Wanted to get others thoughts on leasing cars in retirement in lieu of triggering an additional taxable event by spending down investments. Thinking $350 or so monthly for three years within mileage allowances, wash and repeat. Pluses are covered maintenance and investments continue to grow. Please...
by djpeteski
Fri Sep 14, 2018 5:37 am
Forum: Personal Finance (Not Investing)
Topic: Job burnout - Keep grinding or change?
Replies: 56
Views: 5183

Re: Job burnout - Keep grinding or change?

When is the last time you took a nice relaxing vacation?
by djpeteski
Thu Sep 13, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Fiancee
Replies: 108
Views: 9936

Re: Massive Student Loan Debt - Fiancee

It is no wonder, given how frugal you are, that you are attracted to someone who is a bit out of control you are. Even if you do break it off with this person, your future SO will likely have similar beliefs about money. I am assuming you do not want to divorce this young lady. It may sound stupid, ...
by djpeteski
Thu Sep 13, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: Anyone into Essential Oils?
Replies: 40
Views: 2478

Re: Anyone into Essential Oils?

To me, the only essential oil is of the olive variety.
by djpeteski
Wed Sep 12, 2018 7:34 am
Forum: Personal Finance (Not Investing)
Topic: The Atlantic: 'Why is College In America So Expensive?'
Replies: 27
Views: 2558

Re: The Atlantic: 'Why is College In America So Expensive?'

From my perspective, college is not expensive. One can obtain a 4 year degree in most states for less than the cost of the average car payment. This assumes living at home and going to a state school. Evidentially cars are not very expensive as you have people of all income levels driving shinny new...
by djpeteski
Tue Sep 11, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Father Wants a Home Mortgage (Bad Credit Score)
Replies: 43
Views: 3090

Re: Father Wants a Home Mortgage (Bad Credit Score)

What about threat of the IRS? If the money was indeed rent did your grandfather claim those rent payments as income? Your father may be well served to see an attorney on his own.
by djpeteski
Tue Sep 11, 2018 6:36 am
Forum: Personal Finance (Not Investing)
Topic: How to choose a real estate agent?
Replies: 24
Views: 2093

Re: How to choose a real estate agent?

We are currently toward the end of the house selling process, our first one. Our agent was worth the cost and we did not negotiate down. I looked on review sites, like google or yelp and found three people that were good candidates. I called and interviewed each of them. One clearly stood out and we...
by djpeteski
Tue Sep 11, 2018 6:05 am
Forum: Personal Finance (Not Investing)
Topic: Laid Off, Considering Multiple Options - Which Would You Recommend?
Replies: 39
Views: 5332

Re: Laid Off, Considering Multiple Options - Which Would You Recommend?

You will have about 160k "in salary" with about 8k in expenses (assuming COBRA from day 1 to make the math easier) with no cutting back. That will last 20 months without touching your current investments. So what do you want to do? To me it sounds like you want to start your own business. Can you st...
by djpeteski
Mon Sep 10, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: I think my father has a gambling problem
Replies: 78
Views: 6676

Re: I think my father has a gambling problem

One can play a lot of poker, be poor at it, and still not lose a lot of money. Sure one can be addicted, and also one can lose a lot in a single session. However, you might want to investigate what kind of poker he plays. For example if your father played a round of golf every day one would not be c...
by djpeteski
Mon Sep 10, 2018 7:49 am
Forum: Personal Consumer Issues
Topic: Bike computer or Apple Watch?
Replies: 49
Views: 3324

Re: Bike computer or Apple Watch?

1. I ride 3 different bikes (road, mountain, and tandem) and swapping between them with a Cateye is problematic because each one has different size wheels. I also have several wheel sets for the mountain bike making the problem worse because I'd have to put magnets on each wheel set. That's why I'm...
by djpeteski
Fri Sep 07, 2018 1:02 pm
Forum: Personal Consumer Issues
Topic: Bike computer or Apple Watch?
Replies: 49
Views: 3324

Re: Bike computer or Apple Watch?

texasdiver wrote:
Fri Sep 07, 2018 12:26 pm

1. I ride 3 different bikes (road, mountain, and tandem)
Okay you have officially made my wife jealous. You have a tandem. If we had one we could go for a bike ride, and she wouldn't have to do anything.


:beer :P
by djpeteski
Fri Sep 07, 2018 6:28 am
Forum: Personal Consumer Issues
Topic: New Bike Suggestion
Replies: 40
Views: 2892

Re: New Bike Suggestion

I'm going to give somewhat different advice than most others. Skip carbon, go Aluminum.... Some riders get caught up in the weight of the frame. For the average, to above average rider, that is nonsense, since an 1/2 pound (if that) relative to the body weight (say 160 pounds) makes so little diffe...
by djpeteski
Fri Sep 07, 2018 6:08 am
Forum: Personal Consumer Issues
Topic: Bike computer or Apple Watch?
Replies: 49
Views: 3324

Re: Bike computer or Apple Watch?

I use my Garmin watch (920 XT) as my bike computer. It hooks up to any sensors, HRM, Speed, cadence, and power. I have a bike computer, but I almost never use it anymore.
by djpeteski
Thu Sep 06, 2018 6:40 am
Forum: Personal Consumer Issues
Topic: New Bike Suggestion
Replies: 40
Views: 2892

Re: New Bike Suggestion

So the wifey and I bought decent bikes a couple of years ago. We started "racing" triathlons, and while the bikes were good for shorter distance rides we wanted to increase both distance and speed. It sounds like a similar thing is happening to you. I took the plunge first, and bought a Kestrel Talo...
by djpeteski
Tue Sep 04, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a house
Replies: 28
Views: 2403

Re: Talk me out of buying a house

There is a third choice...wait. Put yourself in a better position, financially, then reevaluate. Buying with no down payment is dicey.
by djpeteski
Wed Aug 29, 2018 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Protecting myself against suit for Personal Injury
Replies: 19
Views: 2629

Re: Protecting myself against suit for Personal Injury

It is my experience, with State Farm, that you will have to sue them in order to be provided coverage well...what happened? Well I was a young man, bought a used car with a loan, and totaled the car a few days later. State Farm refused to pay off the loan, basically saying I was not covered althoug...
by djpeteski
Tue Aug 28, 2018 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Protecting myself against suit for Personal Injury
Replies: 19
Views: 2629

Re: Protecting myself against suit for Personal Injury

It is my experience, with State Farm, that you will have to sue them in order to be provided coverage. So you may still need a lawyer to sue State Farm to provide the coverage. If the policy was in force, at the time of the accident, then they should cover you. Considering the company, however, they...
by djpeteski
Mon Aug 27, 2018 1:45 pm
Forum: Personal Consumer Issues
Topic: Your Best Mood Boosting Books (not self-help)
Replies: 29
Views: 2343

Re: Your Best Mood Boosting Books (not self-help)

You Are an Ironman by Jacques Steinberg
Six armature athletes chase their dream to complete Ironman Arizona.

Attitude: Develop a Winning Mindset on and off the Court
Jay Wright
Story of Villanova 's NCAA championship.
by djpeteski
Mon Aug 27, 2018 11:41 am
Forum: Investing - Help with Personal Investments
Topic: 8-month windfall check-in
Replies: 12
Views: 1511

Re: 8-month windfall check-in

If you have a business idea, that is great, but it probably should not be an all or nothing thing. I would do my best to boot strap my business, get some customers, and develop some kind of cash flow. The temptation in this phase is to invest or borrow a bunch of capital, but the goal is to do it on...
by djpeteski
Mon Aug 27, 2018 7:37 am
Forum: Personal Consumer Issues
Topic: Considering opportunity in Melbourne - Florida. Any insight about the area?
Replies: 29
Views: 2351

Re: Considering opportunity in Melbourne - Florida. Any insight about the area?

I started working in Melbourne about 2.5 years ago and commute from Orlando. I did this for a massive bump in pay. The area is experiencing a bit of a renovation as defense work has been increasing significantly. A former coworker relocated from the Lake Mary area to take advantage of a great opport...
by djpeteski
Fri Aug 24, 2018 8:24 am
Forum: Personal Finance (Not Investing)
Topic: I still use cash not credit cards should I reconsider?
Replies: 102
Views: 7725

Re: I still use cash not credit cards should I reconsider?

Numerous research shows that, when using cash, one spends less. The amount of rewards one receives, or the TVM is negligible to the amount of overspending one does. So if your goal is to spend at least as possible and also save money, then by all means use cash. If you want to use a card, go ahead i...
by djpeteski
Thu Aug 23, 2018 12:36 pm
Forum: Personal Consumer Issues
Topic: Specific Disney fastpass suggestions
Replies: 10
Views: 1268

Re: Specific Disney fastpass suggestions

I am an annual pass holder. To me, the best ride as Disney right now is Flight of Passage Ride (Animal Kingdom) Second: Toy Story Mania (Hollywood Studios) Third: Safari (Animal Kingdom). You can do this different times of the day to see the various activity levels of the animals. Early AM, and righ...
by djpeteski
Thu Aug 23, 2018 6:32 am
Forum: Investing - Help with Personal Investments
Topic: How to adjust my AA to pay for a large cash investment in 2 years
Replies: 5
Views: 399

Re: How to adjust my AA to pay for a large cash investment in 2 years

It does not look like you can buy and trade CDs from interactive brokers, but you can do so with bonds:

https://www.interactivebrokers.com/en/index.php?f=17177

Can you create a Fidelity/Vanguard/Schwab account with some of your assets? All offer the ability to purchase CDs for free.
by djpeteski
Wed Aug 22, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Military career/college options (engineering - nukes?)
Replies: 45
Views: 2663

Re: Military career/college options (engineering - nukes?)

This isn't true...yet. The Army still uses the 2 minutes of push ups, 2 minutes of sit ups, and 2 mile run standard test. The test is scaled to age and gender (still Male/Female as of now). What has changed is that a separate test called the OPAT, taken prior to enlistment/commission, is now requir...
by djpeteski
Tue Aug 21, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Military career/college options (engineering - nukes?)
Replies: 45
Views: 2663

Re: Military career/college options (engineering - nukes?)

Here are some things from a veteran: 1) The desire to try things out might lead himself and you to want to try the reserves as a enlisted man. Don't do it despite the recruiter's sales job. If your son does go military go as an officer. To try things out see if he can do some training with the ROTC ...
by djpeteski
Mon Aug 20, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card to Pay off Overpayment of Student Debt
Replies: 18
Views: 1558

Re: Credit Card to Pay off Overpayment of Student Debt

It is a great idea, if your income stays constant or increases during the time, and you have the discipline and good fortune to make the payments. Also that no other emergencies happen during that time. For my own self, I have attempted these in the past and have some how been overcome by events tha...
by djpeteski
Mon Aug 20, 2018 7:57 am
Forum: Personal Consumer Issues
Topic: Sheraton Kauai timeshare
Replies: 35
Views: 3825

Re: Sheraton Kauai timeshare

There's no way I would ever agree to purchase, I'm not worried about that...I just on the fence about 90 minutes of my life being i thrown down the toilet. To me it is not about the 90 mins, that often extend to 120. We just got done with one in Mexico that went 2:15. Part of that time was eating b...
by djpeteski
Fri Aug 17, 2018 6:51 am
Forum: Personal Consumer Issues
Topic: What to do in Seattle around Christmas?
Replies: 29
Views: 1492

Re: What to do in Seattle around Christmas?

It is pretty dreary there as others have said, but my kids loved the children's museum. http://thechildrensmuseum.org After a brief review of the web site they have an area that is specifically for 3 year olds. She might feel pretty special. It is located near the space needle. Does she ski? If so, ...
by djpeteski
Wed Aug 15, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 162
Views: 10609

Re: Take auto loan 0.9% if I can afford cash?

I will be buying a car soon. I can afford to pay cash up front. The dealer says I’m eligible for 0.9% financing for 3 years. No change in price whether paying by cash or loan. Be careful of dealer BS. Many times they do this just to get you to submit a credit app. There may be no such promotion. I ...
by djpeteski
Fri Aug 03, 2018 5:44 am
Forum: Personal Consumer Issues
Topic: Which diet soda pop do you enjoy?
Replies: 110
Views: 4855

Re: Which diet soda pop do you enjoy?

It's very hipster of me but love the LaCroix. The grapefruit, orange, and mango are great.
by djpeteski
Thu Aug 02, 2018 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: NT
Replies: 20
Views: 1301

Re: Advisor trying to convince me to buy annuities

What do I reply to this guy to shut him down in a polite manner where he knows that I'm not an idiot and not going to fall for his high-commission annuity suggestions. I want to reply in a way that he thinks "Ok this guy knows his stuff I should leave him alone." So, you are not going to win an arg...
by djpeteski
Mon Jul 30, 2018 6:10 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance for son and daughter-in-law
Replies: 58
Views: 3129

Re: Life Insurance for son and daughter-in-law

Son is tenured at Ivy university, daughter-in-law on her way. They will have paid off their home by the end of 2019.... Yea so the "need" for life insurance quickly diminishes as assets grow and debts are reduced. With sufficient assets one could argue against having any life insurance at all. It c...
by djpeteski
Thu Jul 26, 2018 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Web Sites for CD rates
Replies: 6
Views: 994

Re: Web Sites for CD rates

Looking quickly at brokered CD rates, I think you may want to consider those. The best 1 year CD rates on cash cow were 2.35%, same-same on Fidelity. By using a broker you avoid the need to open multiple accounts and can always pick the options that are best for you. Potentially you could also choos...
by djpeteski
Tue Jul 24, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: Cheaper alternatives to Broadway shows?
Replies: 25
Views: 926

Re: Cheaper alternatives to Broadway shows?

gips wrote:
Tue Jul 24, 2018 9:36 am
pretty easy to join tdf, broadway shows are $40-$50, off-broadway, $20-30. We've been members for years and have gotten our money's worth.
What is tdf?
by djpeteski
Mon Jul 23, 2018 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Pay for college with cash flow
Replies: 78
Views: 5245

Re: Pay for college with cash flow

Since we have no intention of increasing our savings beyond the point at which we max out our other tax-advantaged accounts, I'm wondering if holes can be poked in this strategy. No holes, speaking from experience. All you need, to start college, is one semester's worth of costs saved. Then you can...
by djpeteski
Mon Jul 23, 2018 5:55 am
Forum: Personal Finance (Not Investing)
Topic: Prioritizing investments with high interest student loan debt
Replies: 8
Views: 751

Re: Prioritizing investments with high interest student loan debt

There will no doubt be many different opinions on this one. I was married August Aug 2015 to a woman who came with $60,000 in student loan debt at 6%. Negative net worth but a wonderful, gracious woman. She scored a good job about 6 months into our marriage and the $60K was payed back in 2.5 years....
by djpeteski
Fri Jul 20, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Financial transparency
Replies: 19
Views: 1033

Re: Financial transparency

The next day, she was complaining that we should be staying in nicer places.... While you were probably correct in breaking up with this gal, you should expect some of this in a long term relationship. Generally speaking, people who save naturally marry those that spend naturally. Also people that ...
by djpeteski
Wed Jul 18, 2018 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Portfolio Advice Please
Replies: 30
Views: 3395

Re: Fidelity Portfolio Advice Please

Its not been said, but I would take 45k out of your taxable account and make your car payment(s) go away. You have money, there is no reason to have car loans now except if your really want to take advantage of a low interest rate. I would not consider what you are paying as very low. Next car, unle...
by djpeteski
Tue Jul 17, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for young colleague please
Replies: 28
Views: 2504

Re: Advice for young colleague please

About the debt payoff. She needs to stop using credit cards and get on a budget. She should have at least 2k per month to devote toward debt repayment with her salary and likely expenses. You may want to buy her "The Total Money Makeover" as a gift. See Dave Ramsey's plan for more details than I can...
by djpeteski
Tue Jul 17, 2018 7:35 am
Forum: Personal Consumer Issues
Topic: Heart Rate Monitors Fitbit vs. Garmin
Replies: 31
Views: 2365

Re: Heart Rate Monitors Fitbit vs. Garmin

One thing about the Garmin watches is the battery. Holy cow they are excellent at life and power consumption. While I never fully tested it, I can probably go 14 days without charging my 920XT on a light workout schedule. I typically charge every 7 days. When I have a heavy workout schedule (that us...
by djpeteski
Fri Jul 13, 2018 11:19 am
Forum: Investing - Help with Personal Investments
Topic: What to do with extra $2500 a month?????
Replies: 36
Views: 3285

Re: What to do with extra $2500 a month?????

-We have 2 children ages 10 and 6 One thing I left off is we want to fully fund our kids college tuition as long as they attend a local Public University in the State of Michigan. We currently have around $7000 in their account so we know we are way behind. Nothing could be further from the truth, ...
by djpeteski
Fri Jul 13, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Help with No-Lapse Guarantee UL
Replies: 22
Views: 952

Re: Help with No-Lapse Guarantee UL

nage234 wrote:
Fri Jul 13, 2018 10:16 am
Hello,

One of my good friend ... (Age 120)
Your friend is 120 years old? Life insurance typically expires at age 100.

See here:
https://www.moneytips.com/outliving-you ... nce-policy