Search found 213 matches

by Point
Sat Jul 25, 2020 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Becoming a Landlord: My Experiences
Replies: 179
Views: 40514

Re: Becoming a Landlord: My Experiences

I should be more clear- what portion of tenant’s income should they pay as rent, ie 50%, 30%...
by Point
Sat Jul 25, 2020 8:03 am
Forum: Personal Investments
Topic: Should I start social security at 62 to invest it?
Replies: 74
Views: 7562

Re: Should I start social security at 62 to invest it?

Will you live past 82? Do either of you have health issues affecting longevity? Without health issues assume you will live 5 years longer than your parents. With significant health issues, I would draw down earlier. With parents that lived into their 90’s, early withdrawal is insignificant without h...
by Point
Sat Jul 25, 2020 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Becoming a Landlord: My Experiences
Replies: 179
Views: 40514

Re: Becoming a Landlord: My Experiences

Soon to be first time landlord....

What guidance do you have on rent to income ratio?
by Point
Mon Jul 13, 2020 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Helping my nephew out of his rut
Replies: 74
Views: 7714

Re: Helping my nephew out of his rut

This is one of those things that can go well, or not. Habits are hard, but not impossible to change. I like the idea of laying out a course with him, and objectives, even funding the match for the 401, and verifying regularly. Reinforcement is necessary. Putting the credit cards in water and freezin...
by Point
Sun Jul 12, 2020 7:20 am
Forum: Investing - Theory, News & General
Topic: Due to high taxes should I just max out employers 401K
Replies: 24
Views: 3291

Re: Due to high taxes should I just max out employers 401K

Live well below your means and maximize your 491, backdoor Roth, HSA, 529. Recognize that these retirement plans are nice for when you retire, but even more essential for when you can’t work any longer, which may come earlier than your retirement date. Don’t waste time, set that money aside Re tax. ...
by Point
Sat Jul 04, 2020 7:55 am
Forum: Personal Finance (Not Investing)
Topic: What to do with all this MONEY ?
Replies: 201
Views: 20915

Re: What to do with all this MONEY ?

Charity is the way we will deal with most of our assets after death. Our kids have had the opportunity to learn and act accordingly. We had some success with matching funds to shape behavior via Roth savings and our daughter. That’s something you might consider. At this point the future is up to them.
by Point
Sun Jun 28, 2020 7:39 pm
Forum: Personal Consumer Issues
Topic: Solar with battery/tesla wall
Replies: 114
Views: 7818

Re: Solar with battery/tesla wall

You're going to need to look at your electric bill for historical usage data. If you have a smart meter you can probably download hourly data from your utility and plug that into a spreadsheet to see what consumption you have at what time of day. Questions to ask yourself: - What roof projection do ...
by Point
Sun Jun 28, 2020 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Entrance Fee for Retirement Community
Replies: 55
Views: 8080

Re: Entrance Fee for Retirement Community

One of the things you want to consider is both your family health history, and longevity. Coupled with that, for memory issues, it's better to move and acclimate sooner as opposed to later as this may extend your living in residence longer before moving to memory care. For me, I would also look at t...
by Point
Sat Jun 27, 2020 12:12 pm
Forum: Personal Consumer Issues
Topic: Online vendor for sprouted nuts and grains?
Replies: 8
Views: 527

Re: Online vendor for sprouted nuts and grains?

Breadtopia is one source for us, and ToddsSeeds another depending on what we're doing
by Point
Fri Jun 26, 2020 9:32 pm
Forum: Personal Consumer Issues
Topic: iPhone - puzzling problem
Replies: 13
Views: 1165

Re: iPhone - puzzling problem

This will sound odd, but get a toothpick and clean out your lightening connector of any debris or lint, blow it out too. If you’re using airpods, clean them as well. If you’re using a wired ear/mike piece, try without using it and see if there is a difference. Dirt and lint can affect acoustics.
by Point
Thu Jun 25, 2020 9:55 am
Forum: Personal Consumer Issues
Topic: Dead ants in radiator
Replies: 16
Views: 804

Re: Dead ants in radiator

Ants love termites - have you looked for termite damage? Do you treat for termites?
by Point
Tue Jun 23, 2020 1:01 pm
Forum: Personal Investments
Topic: Help me advise my 20 year old
Replies: 54
Views: 3122

Re: Help me advise my 20 year old

Given that he's an adult, and in the military, he can make his own decisions. What I would do is to discuss diversification, ie, take some percentage and try what he's doing, and take the rest and go with a three fund portfolio. First and foremost though, I'd encourage him to implement a Roth and fu...
by Point
Tue Jun 23, 2020 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Advice: Should I pay more on my original loan or pay off the closing costs?
Replies: 8
Views: 463

Re: Refinance Advice: Should I pay more on my original loan or pay off the closing costs?

Running amortization tables for the remainder balance at the current loan existing rate will tell you the net cost compared to the new loans net cost + closing costs and fees.
by Point
Mon Jun 22, 2020 9:27 am
Forum: Personal Investments
Topic: Opinions on venture capital for the average person
Replies: 33
Views: 1153

Re: Opinions on venture capital for the average person

The opportunity is diluted since you're so far downstream from the big VC folks. The organizer takes his slice regardless of the funds performance. VC's have said time and again that they put money in 5 opportiunies and 80% of these will fail, one _may_ go gangbusters. The only given is the cost sid...
by Point
Mon Jun 22, 2020 8:39 am
Forum: Personal Investments
Topic: High net worth portfolio advice
Replies: 153
Views: 19410

Re: High net worth portfolio advice

Being a CA resident, the tax situation here is not ideal, particular for high income folks. Property tax will be a drain, as will sales tax. And, the income tax. I would seriously look at keeping a primary residence in a no-incometax state, and a second residence in SFO. I would register my cars and...
by Point
Sun Jun 21, 2020 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Follow our journey to retirement
Replies: 33
Views: 3647

Re: Follow our journey to retirement

A couple of things stand out: health insurance, and life Insurance. You have a long road ahead so think about a bit of insurance should life throw you a curveball. I would also think about how to keep my skills up, should I need to get back in the game over the long run. This may not affect your sit...
by Point
Sun Jun 14, 2020 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Fence repair responsibility
Replies: 30
Views: 2409

Re: Fence repair responsibility

One thing I'd advise, if you haven't done it, determine precisely where the property lines are by finding the pins on each end of the line. There is no hedging, they determine where the property lines are, and consequently whose fence it that will be replaced.
by Point
Mon Jun 08, 2020 7:23 am
Forum: Personal Consumer Issues
Topic: Looking at buying house with in-ground pool. What questions should we ask?
Replies: 62
Views: 3847

Re: Looking at buying house with in-ground pool. What questions should we ask?

Here’s what I’ve experienced over the years with our house purchasing with pool: - cover replacement every 6 year, repairs every 2-3’years -weekly pool maintenance fees - leaks at skimmers resulting in 1-2” water loss weekly, resolved with epoxy repair - water to keep pool filled, less of cover empl...
by Point
Mon Jun 01, 2020 9:19 pm
Forum: Personal Consumer Issues
Topic: E-Bike recommendations
Replies: 118
Views: 8293

Re: E-Bike recommendations

I have a Rad City Bike. I really enjoy riding it. But, when I had a flat, pulling the wheel is difficult due to the weight, and the motor being in the rear wheel. I would take a close look at ebikes with regular wheels, and the motor mechanism is elsewhere, like in the crank/hub.
by Point
Sun May 24, 2020 10:15 am
Forum: Investing - Theory, News & General
Topic: Businesses that are permanently destroyed due to COVID?
Replies: 34
Views: 2898

Re: Businesses that are permanently destroyed due to COVID?

I think in two years things will be going full tilt again. Herd immunity will in place. People will travel by boat and plane. Restaurants will be roaring along. All the activities we enjoyed a year ago will continue. We have tremendous health systems in the world now, as well as financial systems. R...
by Point
Sat May 09, 2020 3:04 pm
Forum: Personal Consumer Issues
Topic: Rocks or Mulch?
Replies: 37
Views: 2100

Re: Rocks or Mulch?

Having been a landscaper, this is a manageable slope. You can terrace, but be sure you go deep enough with footings (and make them level), so they don't slide downhill. Or, use soldier/pile retaining walls, again, depth is important. Research codes, and pay attention to soil types and drainage. Idea...
by Point
Sat Apr 25, 2020 2:56 pm
Forum: Personal Consumer Issues
Topic: Tree Service Cost
Replies: 34
Views: 2272

Re: Tree Service Cost

I have chainsaws, hand saws, climbing gear, and do my own work in CA. The gear is far less than the exorbitant prices here. Worker’s compensation has a bit to do with our cost as well. Fortunately, I’ve got a background that allows me to do my own work. I have a small chipper too.
by Point
Thu Apr 16, 2020 8:29 pm
Forum: Personal Consumer Issues
Topic: Portable AC keeps tripping breaker
Replies: 26
Views: 2295

Re: Portable AC keeps tripping breaker

They may need to determine what other outlets are on that breaker as well. Chances are it is not just a single outlet, or even a single room.

Odds are the documentation says to have the unit on a dedicated 15 or 20 amp circuit.
by Point
Sat Mar 14, 2020 6:05 pm
Forum: Personal Investments
Topic: My dad says I should pull out of the market before "they" steal it all
Replies: 113
Views: 8317

Re: My dad says I should pull out of the market before "they" steal it all

I always ask myself based on past market performance, how many doubles are potentially in front of me?
by Point
Wed Feb 26, 2020 3:08 pm
Forum: Personal Consumer Issues
Topic: Should I get a safe? What kind? What would you do? How safe is a "safe"?
Replies: 91
Views: 6333

Re: Should I get a safe? What kind? What would you do? How safe is a "safe"?

One thing to understand is safes have different levels of protecting against fire. My son-in-law works for Edison and was in the SoCal fire areas restoring utility poles and cables before the embers were out. He said there were very few safes that made it through the fires. Do the research. Deansafe...
by Point
Sat Feb 08, 2020 2:19 pm
Forum: Personal Consumer Issues
Topic: Dangerous to allow Windows 10 desktop PC to have public/real IP address? No NAT/firewall
Replies: 20
Views: 1124

Re: Dangerous to allow Windows 10 desktop PC to have public/real IP address? No NAT/firewall

You need firewalls between a windows box and the internet. And yuu new solid anti virus tools on the windows box. And everything must be absolutely kept up to date.
by Point
Wed Jan 15, 2020 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Daycare Provider Wants to Charge $20/week for Receipt
Replies: 145
Views: 9855

Re: Daycare Provider Wants to Charge $20/week for Receipt

We’re the receipt yourself and have her sign it as a condition of payment each week
by Point
Thu Jan 09, 2020 9:26 am
Forum: Personal Investments
Topic: portfolio advice - 3 year escape plan from silicon valley
Replies: 41
Views: 3346

Re: portfolio advice - 3 year escape plan from silicon valley

Having worked at that company for twenty years, and having a large holding today, I look back at what I did right. I kept purchasing stock over the twenty year employment period, evaluating our decision to do so every six months. One advantage I had as a good connection to management so I understood...
by Point
Fri Dec 27, 2019 8:15 am
Forum: Personal Finance (Not Investing)
Topic: demented mother's online spending
Replies: 126
Views: 11453

Re: demented mother's online spending

Re: occupying her time: When we went though this (dementia slipping into full Alzheimer’s) we found that we could not keep my mother occupied. Her short term memory loss prevented us from modifying her behavior. It’s a downward spiral. We had full time coverage at home for her with one of the four o...
by Point
Tue Dec 24, 2019 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Burned out looking for options
Replies: 32
Views: 3797

Re: Burned out looking for options

I’ve been there. Best thing I found was to focus on needs badly wants and get my expenses down to a minimum. Second to that, I started working out hard - focused on weight loss and conditioning. What I found was these were the two things I could control. It helped quite a bit with sales job stress a...
by Point
Tue Dec 17, 2019 11:23 am
Forum: Personal Consumer Issues
Topic: Quality Power-Tool Brands
Replies: 93
Views: 6152

Re: Quality Power-Tool Brands

I’ve had malignant, craftsman, and others at the same time. Battery replacements were a pain and expensive. I standardized on Milwaukee because they are very good tools, have a solid offering of many types of tools, offer great startup Packages, and most importantly- allow me to have 2 different bat...
by Point
Fri Dec 13, 2019 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Loan or no Loan [Boat]
Replies: 27
Views: 1495

Re: Loan or no Loan [Boat]

What is your other debt load like? Making this decision with zero other debt is one thing, if you have debt for cars, college, house(s), home equity... that's another. With zero debt, I might arbitrage- get a loan for the boat and keep my money invested in the market. With other debt on hand, I'd lo...
by Point
Tue Dec 10, 2019 11:31 am
Forum: Personal Consumer Issues
Topic: Sell current home, down size and purchase a vacation condo?
Replies: 34
Views: 2956

Re: Sell current home, down size and purchase a vacation condo?

We toy with the idea of a second home somewhere else, but keep falling back on the idea that we live in a HCOL area, yet own our home. Our only expenses are operating costs, insurance and taxes. We also have a rental home here. We're retired, in our mid 60's, by the ocean and have a sailboat. We lik...
by Point
Mon Dec 09, 2019 8:30 pm
Forum: Personal Consumer Issues
Topic: Question re Ability of ISP to Track Website Visits
Replies: 15
Views: 1165

Re: Question re Ability of ISP to Track Website Visits

You may want to consider using a VPN. And, definitely when you are on an external network like a coffee shop or something else out there where you don't know if someone is sniffing the net for your keyclicks.
by Point
Sun Dec 08, 2019 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: State Estate Tax Consideration
Replies: 18
Views: 1363

Re: State Estate Tax Consideration

Another way to look at a move to a no/low estate tax location is that it would just be part of your retirement traveling plan. It’s just that you plan it out to be in that state for 6 months. It may be enjoyable too! We travel upwards of 100 days a year with our airstream. Our goal is to do more and...
by Point
Sat Dec 07, 2019 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Third party opinion on Tesla Model 3 purchase or lease
Replies: 33
Views: 2983

Re: Third party opinion on Tesla Model 3 purchase or lease

- My only thought it $1k/month on Uber is insane, just get the darn car. No taxes, license, insurance, parking fees, deductibles, liability, fuel costs, installation of charging port, hassles of driving in Bay Area. $1K/month is not so bad. And, remember, you will be paying milage fees on electric c...
by Point
Wed Dec 04, 2019 8:15 am
Forum: Personal Consumer Issues
Topic: Unpaid speeding ticket from 40 years ago.
Replies: 93
Views: 7912

Re: Unpaid speeding ticket from 40 years ago.

Pay the ticket....
by Point
Tue Dec 03, 2019 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Digging my parents out of debt
Replies: 28
Views: 3132

Re: Digging my parents out of debt

We went through managing parents out of perpetual debt and finance charges. The POA is very important, and banks may require their own. Removing credit cards is another thing to consider, or putting them in blocks of ice in the freezer. Also, eliminate recurring charges and online purchasing account...
by Point
Mon Dec 02, 2019 11:00 am
Forum: Personal Consumer Issues
Topic: which netgear wifi for replacement of airport extreme base station
Replies: 15
Views: 473

Re: which netgear wifi for replacement of airport extreme base station

I replaced my airport network with the Netgear Orbi triband, and the modem for connection to cox with the Aris surfboard docsis 3.1 Gig modem.

It works extremely well. And it’s very fast.
by Point
Thu Nov 28, 2019 1:21 pm
Forum: Personal Investments
Topic: Should we save in addition to retirement benefits?
Replies: 22
Views: 1856

Re: Should we save in addition to retirement benefits?

We were in the position of having dual pensions both with healthcare. I left the university and went to work for megacorp. My wife stayed in for 33 years, retired with healthcare covering both of us. I had a small pension as I had vested. The reason I left was several fold, but primarily I didn’t wa...
by Point
Wed Nov 27, 2019 7:36 pm
Forum: Personal Consumer Issues
Topic: Found hidden safe, should we crack?
Replies: 303
Views: 89050

Re: Found hidden safe, should we crack?

It sounds like a lot of fun for $900 and a usable safe. What would you otherwise use the money for? Dinner, a weekend away, a fishing trip....

I'd do it!
by Point
Wed Oct 09, 2019 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Controlling Discretionary Spending
Replies: 44
Views: 3331

Re: Controlling Discretionary Spending

Use cash. That’s all it takes. Pull out $200 (pick a number) a week from your atm. Use cash for discretionary purchases. When your out. You’re out! If you _have_ to use a credit card, take the cash to cover the credit purchase and seal it in an envelope. Don’t open until you recover the credit purch...
by Point
Wed Sep 25, 2019 2:10 pm
Forum: Investing - Theory, News & General
Topic: Success without 401k or Stocks?
Replies: 51
Views: 4138

Re: Success without 401k or Stocks?

Well, I've been there where you are, then I changed my tune at age 27. At 64, I'm in great financial shape, retired, set for life.

My suggestion: you take half your assets, open a vanguard account, and use the 3 fund strategy.

Come back in 5 years and see which process is working best for you.
by Point
Wed Sep 25, 2019 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Solar panel advice & experiences
Replies: 64
Views: 3407

Re: Solar panel advice & experiences

That payoff period is way too long. Are you financing the cost? Are you buying outright? Are you using electrical contractor or just using one of the solar companies? Solar companies do everything they can to get you to lease or finance purchase thru them. That drives up cost. They show you a return...
by Point
Sun Sep 22, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Help me prepare to help mother-in-law
Replies: 53
Views: 5021

Re: Help me prepare to help mother-in-law

Do you have siblings? If so, how will they engage? Comments from the sidelines? Borrowing money that doesn’t get paid back? Helping out with errands, shopping, pills and bills? How does she give her money away, formally and informally? Where is the leakage? What assets does she have? Which does she ...
by Point
Fri Sep 20, 2019 11:27 pm
Forum: Personal Consumer Issues
Topic: How hard is it to get into college?
Replies: 167
Views: 11855

Re: How hard is it to get into college?

With her grades she will be accepted at most colleges. Start giving some thought to what her interests are and what she might major in. Recognize that this could change over time. And also that it may take a while to decide on a major. Community colleges are often better for students because they ca...
by Point
Thu Sep 19, 2019 11:20 pm
Forum: Personal Consumer Issues
Topic: moving retired/elderly parents to soCal? sane or insane?
Replies: 29
Views: 2962

Re: moving retired/elderly parents to soCal? sane or insane?

There are very few counties in CA that will allow MediCal to pay for assisted living. AL costs are high in CA. Will the VA pay for them? Given their status, it sounds like a definite future cost. He would need to burn through all but 2K of his assets to get any assistance. Do either of them have LT ...
by Point
Mon Sep 16, 2019 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Live in MA, Need 2.5 years health insurance until Medicare
Replies: 38
Views: 2683

Re: Live in MA, Need 2.5 years health insurance until Medicare

Have you considered moving to a lower cost area or state with the coverage you need? Or, buying an RV and registering it in a state with lower costs and the coverage you need. Then touring 7 months of the year while renting out your house?

Just a little out of the box thinking...
by Point
Sun Aug 25, 2019 2:56 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 151
Views: 10209

Re: The cost to talk to a doctor

Our plan has a Teledoc which is free, and email which is free. We are in an HMO. 30 years plus of use and it’s been great.