Search found 671 matches

by daheld
Wed Nov 13, 2019 11:25 am
Forum: Personal Investments
Topic: New financial responsibilities - a young couple seeking advice
Replies: 18
Views: 1248

Re: New financial responsibilities - a young couple seeking advice

Why refinance and pay aggressively on a mortgage when you're planning to save for and buy a different home soon? Because CD's are yielding 2.1%, after-tax equivalent of 1.5%. By contrast the mortgage after-tax rate is 4.375%. Whatever dollar amount he throws into the mortgage instead of CDs, he get...
by daheld
Wed Nov 13, 2019 9:43 am
Forum: Personal Investments
Topic: New financial responsibilities - a young couple seeking advice
Replies: 18
Views: 1248

Re: New financial responsibilities - a young couple seeking advice

@Baxxter, Welcome to the forum. The first thing I see is the inconsistency between your household pre-tax income (which you said is $110k), and the tax bracket (which you said is 24%). Did you make a typo in the household income? I see no mention of Roth IRAs for either of you in your post. You can...
by daheld
Wed Nov 13, 2019 9:18 am
Forum: Personal Investments
Topic: How to combine finances with your spouse? Recently married/early30s
Replies: 65
Views: 3877

Re: How to combine finances with your spouse? Recently married/early30s

This is only my opinion, but I don't believe there's a healthy, realistic way to sort of combined finances. His debt is now your debt, and your nest egg is now his nest egg. Combine it all, work on financial goals together, and share in failures and successes. That's marriage.
by daheld
Wed Nov 13, 2019 8:16 am
Forum: Investing - Theory, News & General
Topic: Vanguard and basketball
Replies: 14
Views: 1550

Re: Vanguard and basketball

I also saw a Vanguard ad while watching a college basketball game this past weekend, though it was on Fox Sports Midwest Plus. I was kind of surprised to see it, but I understand the need for it.
by daheld
Fri Nov 08, 2019 2:54 pm
Forum: Personal Consumer Issues
Topic: How bad business travel is?
Replies: 61
Views: 4674

Re: How bad is business travel?

I am seeking career advice here. Background: Married no kids. Working in a private company, 0% travel time. Kind of relaxed and boring and this is alarming to me. They do things old way, very old software...etc I stopped learning new things and feel like I am about to forget things I used to master...
by daheld
Fri Nov 08, 2019 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy the family cottage?
Replies: 90
Views: 7225

Re: Should I buy the family cottage?

Run away. Run far away. Run fast. You can't afford this house, the upkeep, utilities, and insurance and still keep your retirement funded, especially since you don't plan to sell it or your current house. And your siblings will feel entitled to use it whenever they want, and they won't feel one bit...
by daheld
Fri Nov 08, 2019 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy the family cottage?
Replies: 90
Views: 7225

Re: Should I buy the family cottage?

Buy it. Don't look back. It's worth it.
by daheld
Fri Nov 08, 2019 8:22 am
Forum: Personal Consumer Issues
Topic: Is selling trees for lumber Immoral?
Replies: 33
Views: 2657

Re: Is selling trees for lumber Immoral?

Do you use lumber? Or paper? How often do you consider the sourcing? The morality of forest products was determined by you long ago. Thank you. The cognitive dissonance around issues like this is at times mind bending. I see a lot of really poorly constructed opinions from folks who likely have zer...
by daheld
Thu Nov 07, 2019 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity - promotion bonus
Replies: 43
Views: 6191

Re: Fidelity - promotion bonus

This is entirely too much work and complication for a small amount of money relative to the amount you have invested.
by daheld
Thu Nov 07, 2019 9:57 am
Forum: Personal Investments
Topic: Am I on right track?
Replies: 16
Views: 670

Re: Am I on right track?

You've obviously paid aggressively on the mortgage and I would recommend killing that CC debt. There's no reason to carry it.
by daheld
Tue Nov 05, 2019 10:38 am
Forum: Personal Consumer Issues
Topic: Neighbor Wants to Build ATV Trail Through Our Property - How to say no while preserving the peace.
Replies: 29
Views: 1895

Re: Neighbor Wants to Build ATV Trail Through Our Property - How to say no while preserving the peace.

I own 80 acres in a rural area. About half is wooded and half is pasture. We use it basically only for hunting. It's family property and I inherited. Just say no. If you want to tell them more than that, tell them you're not prepared to be liable for any type of accident that occurs on your property...
by daheld
Mon Nov 04, 2019 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: BigLaw Junior - Portfolio Review and General Investing Strategy
Replies: 9
Views: 892

Re: BigLaw Junior - Portfolio Review and General Investing Strategy

I will wade into the waters to be somewhat of a contrarian, but I would suggest at least considering something like Vanguard Personal Advisor Services. You're likely busy and work a lot of hours and if you are not interested in managing things personally, or just want some peace of mind, this can be...
by daheld
Mon Nov 04, 2019 3:34 pm
Forum: Personal Consumer Issues
Topic: Wife's car hit in a parking lot - how to deal with various issues?
Replies: 51
Views: 3664

Re: Wife's car hit in a parking lot - how to deal with various issues?

I suggest re-evaluating the need to repaint a nearly 20 year old Camry. You've found a gem of a car with low miles. Drive it til the wheels fall off and don't worry about what it looks like, unless you have people to impress. I am guessing you don't since you're driving a nearly 20 year old Camry. A...
by daheld
Fri Oct 25, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you shop for better insurance rates? (auto, life, home)
Replies: 24
Views: 1655

Re: How often do you shop for better insurance rates? (auto, life, home)

Home/auto, each time they are up for renewal. Haven't looked at life lately as I assumed it would just go up with age and health issues but maybe that's not true. If a policy is canceled in less than a year, do insurance companies offer refunds or must someone only switch at renewal time if they do...
by daheld
Fri Oct 25, 2019 10:45 am
Forum: Personal Consumer Issues
Topic: Fixing rear bumper
Replies: 13
Views: 838

Re: Fixing rear bumper

If all you see is cosmetic damage like scratches and a small ding, there's basically no chance that there's any damage beyond that.

If it were me I would not give it a second thought and absolutely wouldn't fix it.
by daheld
Fri Oct 25, 2019 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Who does your tax returns?
Replies: 103
Views: 5170

Re: Who does your tax returns?

DIY with TurboTax, except for a couple years when I had logging income from a family farm owned jointly by my brother and I. I wanted a CPA familiar with this to do it.
by daheld
Thu Oct 24, 2019 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Ok to go without health insurance?
Replies: 209
Views: 11548

Re: Ok to go without health insurance?

Thanks to all forum members who have responded. Apologies for not responding sooner. Have been busy with patient care. Have not read all the posts. As expected, almost everyone agrees we should carry catastrophic high deductible HSA eligible health insurance plan. Although we do not like ever incre...
by daheld
Wed Oct 23, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Are federal health benefits worth postponing early retirement?
Replies: 53
Views: 4561

Re: Are federal health benefits worth postponing early retirement?

Yes, the medical insurance is worth its weight in gold. I am the widow of a fed employee and because I and my daughter had been covered under the fed health plan when he passed away at the tender age of 51 we were able to continue without an interruption in medical coverage. I am able to continue c...
by daheld
Wed Oct 23, 2019 11:34 am
Forum: Personal Consumer Issues
Topic: 1st Time Homebuyer - Need Radon Contingency?
Replies: 11
Views: 1077

Re: 1st Time Homebuyer - Need Radon Contingency?

Radon mitigation is generally effective and not likely to fail.

Also, can't you just write a new agreement that extends the inspection window?
by daheld
Wed Oct 23, 2019 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Turned down for umbrella insurance due to freelance work
Replies: 16
Views: 1525

Re: Turned down for umbrella insurance due to freelance work

I don't know what impact this may have, but if her line of work (cosmetics, makeup, etc) has any sort of qualification or certification, she may be eligible for some type of professional liability insurance. I would think there's a possibility that having that liability insurance (which I have had i...
by daheld
Wed Oct 23, 2019 9:11 am
Forum: Personal Investments
Topic: Earthquake country & accelerated mortgage payments
Replies: 14
Views: 904

Re: Earthquake country & accelerated mortgage payments

I live in a high risk area, have earthquake insurance, and do not think about earthquake risk within the context of pre-paying a mortgage. We are paying ahead on a 30 year mortgage with a plan to pay off in 20 years.
by daheld
Wed Oct 23, 2019 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Are federal health benefits worth postponing early retirement?
Replies: 53
Views: 4561

Re: Are federal health benefits worth postponing early retirement?

I am a fed and it is absolutely worth it to my family.
by daheld
Wed Oct 23, 2019 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Borrow from TSP
Replies: 7
Views: 650

Re: Borrow from TSP

Hi everyone, I borrowed money from TSP and decided to pay it quickly with $1000 a month. My last payment should have been $550 but the pay stub showed that $1000 was taken to pay the TSP loan. In a way, they withdrew $450 more than should be. Does anybody know when and how they will refund the extr...
by daheld
Tue Oct 22, 2019 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Ok to go without health insurance?
Replies: 209
Views: 11548

Re: Ok to go without health insurance?

I don't quite understand the outrage. Surely, many folks understand the concept of self-insuring. We do it all the time for things we can afford - like cell phones, and everything else we reject the extended warranty. Large corporations self insure, for health and others, all the time, as well. Do ...
by daheld
Tue Oct 22, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Ok to go without health insurance?
Replies: 209
Views: 11548

Re: Ok to go without health insurance?

I don't quite understand the outrage. Surely, many folks understand the concept of self-insuring. We do it all the time for things we can afford - like cell phones, and everything else we reject the extended warranty. Large corporations self insure, for health and others, all the time, as well. Do ...
by daheld
Tue Oct 22, 2019 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Ok to go without health insurance?
Replies: 209
Views: 11548

Re: Ok to go without health insurance?

My folks have, FOR YEARS, paid $1000/month for mediocre health insurance on a teachers income + a construction workers income. I'm not sure what the actual intent of this post is, but my brain will not allow me to believe that you actually think your premium, while expensive, is so much that you sho...
by daheld
Tue Oct 22, 2019 7:14 am
Forum: Personal Consumer Issues
Topic: BCBS wont pay lab bill...
Replies: 44
Views: 4093

Re: BCBS wont pay lab bill...

My wife has an autoimmune condition and has had pretty serious complications. Her condition makes pregnancy a high risk ordeal, so we saw a high risk OB about a year before we actually conceived. He was/is wonderful, and his pre-pregnancy visit included doing labs, some of which were genetic markers...
by daheld
Fri Oct 18, 2019 9:48 am
Forum: Personal Investments
Topic: VPAS Client Load
Replies: 3
Views: 464

Re: VPAS Client Load

We use PAS but don't have enough money invested to have a dedicated advisor. Though I have some issues with the service, overall we've been very pleased and believe it is of significant benefit to us. We've not encountered issues of which you speak related to getting things done on time/when they sa...
by daheld
Fri Oct 18, 2019 7:51 am
Forum: Personal Consumer Issues
Topic: Hiring an Interior Decorator
Replies: 25
Views: 2230

Re: Hiring an Interior Decorator

I would never hire an interior decorator, and if in some delusional fever dream I did, I'd for sure never give them my CC information.
by daheld
Thu Oct 17, 2019 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Legacy/Inheritance
Replies: 61
Views: 6612

Re: Legacy/Inheritance

I am in no way qualified to give you financial advice and I will not do so. However, I'd like to offer you my admiration that you've been able to live a lifestyle in which your kids don't know their parents are worth tens of millions of dollars. That's pretty remarkable.
by daheld
Thu Oct 17, 2019 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Should I take the job in OKC or Orlando?
Replies: 98
Views: 5564

Re: Should I take the job in OKC or Orlando?

Of course you can save $70k on a combined income of $220-$250k. Nobody here can answer whether you're willing to potentially make lifestyle sacrifices in order to do so, but mathematically it's very easily possible.
by daheld
Tue Oct 15, 2019 1:07 pm
Forum: Personal Consumer Issues
Topic: Commuting dilemma
Replies: 34
Views: 2639

Re: Commuting dilemma

110,000 miles on a car absolutely does not mean you need a new car.

Keep driving it.
by daheld
Tue Oct 15, 2019 8:12 am
Forum: Personal Consumer Issues
Topic: Help me find some high quality cargo pants.
Replies: 63
Views: 5424

Re: Help me find some high quality cargo pants.

gmc4h232 wrote:
Tue Oct 15, 2019 5:36 am
Check out the offerings from Duluth Trading. Their stuff is pretty high quality.
I bought a pair of carpenter type work pants from Duluth and am amazed at how comfortable and durable they are. They weren't cheap but I expect they'll last a good while.
by daheld
Tue Oct 15, 2019 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Home appraisal 8% less sq ft than listing
Replies: 42
Views: 2607

Re: Home appraisal square ft less than Seller Listing

Here's the reality - the MLS is not a contract. It is an advertisement, an offer for sale. It is not enforceable. Example - MLS listing says chandelier in dining room is not included in sale. Real estate P&S neglects to mention that. House closes, buyer finds chandelier is missing. Seller must retu...
by daheld
Fri Oct 11, 2019 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Budget Review - First home purchase
Replies: 7
Views: 876

Re: Budget Review - First home purchase

Are you putting 20% down on the home purchase? You make a lot of money for what I assume is not an extremely expensive place to live. You should be able to keep stacking money away for retirement/college as you're doing. You're saving a good amount of money. I am absolutely being hypocritical here a...
by daheld
Thu Oct 10, 2019 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Buying Back Retired Military Time Under FERS
Replies: 6
Views: 486

Re: Buying Back Retired Military Time Under FERS

Others will give you much better info than I can on buying back military time, but I will say that the SRS is a benefit that could be taken away and I would not rely on it in making your decision.
by daheld
Thu Oct 10, 2019 8:28 am
Forum: Personal Consumer Issues
Topic: Neighbor filming a TV Show
Replies: 71
Views: 3854

Re: Neighbor filming a TV Show

How do I approach this? In 20 years this will be a humorous memory. Put some blankets over the windows and try to get a part as an extra. it wasn't humorous with a sick three month old that all he needed was sleep, but he couldn't due to the noise and bright lights. As a parent to an almost 10 mont...
by daheld
Thu Oct 10, 2019 8:26 am
Forum: Personal Finance (Not Investing)
Topic: FEHB Open Season 2019
Replies: 76
Views: 5383

Re: FEHB Open Season 2019

Curious if anyone else here uses APWU. I've been very pleased over the last four years but rarely hear anyone who uses this plan.
by daheld
Thu Oct 10, 2019 8:24 am
Forum: Personal Consumer Issues
Topic: Neighbor filming a TV Show
Replies: 71
Views: 3854

Re: Neighbor filming a TV Show

Thegame14 wrote:
Thu Oct 10, 2019 8:22 am
How do I approach this?
In 20 years this will be a humorous memory. Put some blankets over the windows and try to get a part as an extra.
by daheld
Wed Oct 09, 2019 3:19 pm
Forum: Personal Consumer Issues
Topic: My mechanic just wrecked my car - advice?
Replies: 101
Views: 8068

Re: My mechanic just wrecked my car - advice?

rebellovw wrote:
Wed Oct 09, 2019 3:11 pm
Car is a 2006 Subaru - what is the big deal? - just get it fixed - accidents happen. Can't believe all the - make them buy it - and sue comments.
People get behind a keyboard and become smarter, tougher, and more intimidating. It's science.
by daheld
Wed Oct 09, 2019 3:07 pm
Forum: Personal Consumer Issues
Topic: My mechanic just wrecked my car - advice?
Replies: 101
Views: 8068

Re: My mechanic just wrecked my car - advice?

So, things happen, but invariably there'll be a chorus of people on here telling you to sue them into next year. They absolutely should make it right, but I don't think this is a situation where you'll "get one over on them". My ideas: 1. They fix the car for your free of charge and offer an extende...
by daheld
Wed Oct 09, 2019 12:11 pm
Forum: Personal Consumer Issues
Topic: When to put on new roof?
Replies: 34
Views: 2815

Re: When to put on new roof?

Going to have to agree with a lot of others here--a roof is not something to skimp on, particularly because you can reasonably expect to get 20-30 years out of good architectural shingles. If you figure you might spend $10,000-$15,000 on good, quality shingles and installation on an average to sligh...
by daheld
Tue Oct 08, 2019 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Refinancing for 15 year?
Replies: 13
Views: 1281

Re: Refinancing for 15 year?

You're going to need to provide more information for anyone to really assess this, but in general, you can just pay ahead and turn a 30 year loan into a 15 year loan. You can keep the flexibility in terms of required minimum payment in case you lose a job or some other issues arises but still pay of...
by daheld
Fri Oct 04, 2019 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Wedding Finances-Today
Replies: 107
Views: 8386

Re: Wedding Finances-Today

OP here, thanks everyone for the VERY helpful and thoughtful responses! To answer a few questions asked about our situation: Location and timing: Holding the wedding in the Florida Keys is non-negotiable because we live in Key Largo, our daughter was born and raised in South Florida and both her ma...
by daheld
Thu Oct 03, 2019 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: How does one find dentists who would provide cleaning under GEHA HDHP
Replies: 6
Views: 564

Re: How does one find dentists who would provide cleaning under GEHA HDHP

Call your insurer directly and talk to another human being. This way, you can ask what providers they pay and the services for which they'll pay.
by daheld
Wed Oct 02, 2019 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Wedding Finances-Today
Replies: 107
Views: 8386

Re: Wedding Finances-Today

My wife and I were married about 3.5 years ago. We got married and had our reception (buffet style) in a really beautiful space that was in line with other wedding and event spaces nearby. We thought the place we got married was incredibly beautiful and the same price as competitors, so we went with...
by daheld
Wed Oct 02, 2019 7:17 am
Forum: Personal Consumer Issues
Topic: Should I Restore this Ethan Allen Furniture Set? (updated w/ before/after pictures)
Replies: 18
Views: 2486

Re: Should I Restore this Ethan Allen Furniture Set?

I am always in favor of using old furniture instead of new junk. I also enjoy restoring furniture--sanding, staining, etc. If you don't enjoy it and are bent on paying someone, I would not pay $2500 to let your young kid just destroy it. Either let the kid use it in it's current condition, then pay ...
by daheld
Tue Oct 01, 2019 9:22 am
Forum: Personal Consumer Issues
Topic: Architect vs General Contractor? Want to do an addition to house (maybe)
Replies: 21
Views: 1193

Re: Architect vs General Contractor? Want to do an addition to house (maybe)

Grt2bOutdoors wrote:
Tue Oct 01, 2019 9:04 am
Get an independent architect. What is the value of the homes in your neighborhood today? Do you have a budget in mind? You are going to be shocked at the cost of your addition. Think $300+ a square foot.
I would not anticipate you'll pay $300/SF for an addition in the midwest.
by daheld
Mon Sep 30, 2019 8:55 am
Forum: Personal Consumer Issues
Topic: Midtown NYC Hotel w/ Kids?
Replies: 17
Views: 1877

Re: Midtown NYC Hotel w/ Kids?

We stayed at the Doubletree by Hilton at Lexington and E 51st. 10-15 mins from both Rockafeller Center and Central Park, and had great access to the subway.