Search found 457 matches

by NextMil
Mon Oct 15, 2018 8:45 am
Forum: Personal Consumer Issues
Topic: Not convinced with insurance
Replies: 39
Views: 2906

Re: Not convinced with insurance

I have a stable job with generous pay, and my wife is a Ph.D. student.... Total cost for the umbrella: 300usd for the non-owner + 200usd for the 1M umbrella. What do you think? Get cheap umbrella, get cheap term on both of you, and call it a day for the peace of mind. You make good money, and the c...
by NextMil
Sat Oct 13, 2018 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 70
Views: 5320

Re: Weigh in on our Marital Argument =)-- HCOL edition

Stay put. Suck it up until someone breaks, either you or your parents - that is not meant in a mean spirited way, but at some point someone will give in, and it doesn't sound like it will be you. Sounds like your kids are of same gender and in city living that is no biggie. I would pay off current p...
by NextMil
Fri Oct 12, 2018 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage vs. Cash
Replies: 28
Views: 2148

Re: Mortgage vs. Cash

I would pay cash in a heartbeat. The older I get, the more I want my life to be less complicated.
by NextMil
Thu Oct 11, 2018 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Consultant Advice: Commission - What to watch out for
Replies: 11
Views: 903

Re: Consultant Advice: Commission - What to watch out for

Thank you for your advice so far. Please keep them coming. From the advices, it seems like this situation is uncommon: The broker suddenly broke the contract with the client (company that I'm doing project with) and the consultant (me). The broker will not be operating with this client company in t...
by NextMil
Thu Oct 11, 2018 6:54 am
Forum: Personal Finance (Not Investing)
Topic: Consultant Advice: Commission - What to watch out for
Replies: 11
Views: 903

Re: Consultant Advice: Commission - What to watch out for

Agree you need a lawyer. Your obligations dpened on what the contract said. From the broker's point of view they have already done their part of the deal- bringing you the client.The fact that they will not bring more does not change the service they already provided. But legally? You need a lawyer...
by NextMil
Thu Oct 11, 2018 5:36 am
Forum: Personal Consumer Issues
Topic: Feeling Guilt among family/peers
Replies: 42
Views: 5133

Re: Feeling Guilt among family/peers

Yes, it's a normal feeling that you have to get over, and it fades the more you play this money game and keep winning. Also, there is always someone richer and poorer than you and there is nothing you can do about that fact. The only thing you can do is to teach a man or woman to fish, but please do...
by NextMil
Thu Oct 11, 2018 5:15 am
Forum: Personal Finance (Not Investing)
Topic: Consultant Advice: Commission - What to watch out for
Replies: 11
Views: 903

Re: Consultant Advice: Commission - What to watch out for

Is the client paying the other half of the commission?

My view would be to tell the broker to pound sand, especially since his breaking the contract could have left you in a lurch.
by NextMil
Tue Oct 09, 2018 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Formula for when to buy in bulk
Replies: 41
Views: 3145

Re: Formula for when to buy in bulk

I beg to differ. The cost of running out of TP is astronomical. Always buy it in bulk, otherwise you risk having major losses.
by NextMil
Tue Oct 09, 2018 10:35 am
Forum: Personal Consumer Issues
Topic: Kirkland (Costco) Razor
Replies: 31
Views: 3076

Re: Kirkland (Costco) Razor

I tried de safety twice and failed miserably. I used the merkur and tried different blades and couldn’t ever get the angle right Was bummed when Costco stopped carrying the turbo. Switched to 5 blade and I don’t think it performs as well as the turbo which is also disappointing. I have one of those ...
by NextMil
Tue Oct 09, 2018 7:18 am
Forum: Personal Finance (Not Investing)
Topic: College loan advice?
Replies: 37
Views: 2512

Re: College loan advice?

She’s working during college plus studying - imo, as someone who did the same in college and grad school, your child has plenty of “skin” in the game. She may be competing against those whose parents gave them a free ride and don’t need or want to work. If you have the means, pay for school but don...
by NextMil
Tue Oct 09, 2018 7:10 am
Forum: Personal Consumer Issues
Topic: Refinace house but how?
Replies: 26
Views: 1618

Re: Refinace house but how?

Yes, wait. Save up cash and do it bit by bit. I would make a list of highest importance to least important and get quotes for all the jobs, and tick through the most important. I also grew up in a small house with one bathroom and an unfinished basement that we didn't get to use. While it wasn't ide...
by NextMil
Tue Oct 09, 2018 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Income (US vs Europe)
Replies: 55
Views: 3669

Re: Income (US vs Europe)

I guess it depends on how you define stable. With a much higher tax rate in places all of over Europe, its not really a fair apples to apples comparison which wikipedia points out. I think you would have to account for the tax rate of each country and look at net take home pay for the year. There is...
by NextMil
Mon Oct 08, 2018 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Income (US vs Europe)
Replies: 55
Views: 3669

Re: Income (US vs Europe)

College reduces disposable income by a little. But health insurance by a lot https://www.beckershospitalreview.com/finance/28k-the-average-price-healthcare-will-cost-a-family-of-4-in-2018.html That's why I'm saying than you are better off in US only after you earn enough. 70%-80% percentile is my c...
by NextMil
Mon Oct 08, 2018 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Income (US vs Europe)
Replies: 55
Views: 3669

Re: Income (US vs Europe)

College reduces disposable income by a little. But health insurance by a lot https://www.beckershospitalreview.com/finance/28k-the-average-price-healthcare-will-cost-a-family-of-4-in-2018.html That's why I'm saying than you are better off in US only after you earn enough. 70%-80% percentile is my c...
by NextMil
Mon Oct 08, 2018 7:38 am
Forum: Personal Consumer Issues
Topic: Garage Shelving?
Replies: 28
Views: 2756

Re: Garage Shelving?

Not cheap, but I use container store elfa system. You can re-arrange it (add and subtract) and simple to install.
by NextMil
Sun Oct 07, 2018 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Income (US vs Europe)
Replies: 55
Views: 3669

Re: Income (US vs Europe)

Yes. America is better. We have more money, social mobility, way less taxes, and the American dream. It’s why my family left Europe to come to America.

Also unemployment is at its lowest.
by NextMil
Sun Oct 07, 2018 5:52 am
Forum: Personal Consumer Issues
Topic: Best deals to buy iphones
Replies: 28
Views: 2339

Re: Best deals to buy iphones

My recommendation is to pay "full" price from Apple for 2 unlocked Xs with the storage you want. No strings. There really (really) are no deals unless you are willing to go used (X) or sign long term lease or go with Sprint or T-mobile (perhaps). Now, pair it with a plan that saves you money over t...
by NextMil
Sat Oct 06, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Should I take a pretty big pay cut to become a diplomat?
Replies: 32
Views: 3711

Re: Should I take a pretty big pay cut to become a diplomat?

Don’t you also not pay any taxes when you are overseas? Between housing allowance, hardship pay, and no taxes, the 30k cut is probably really close to zero.
by NextMil
Fri Oct 05, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: getting paid as a contractor
Replies: 33
Views: 2203

Re: getting paid as a contractor

That's definitely a long time, but if they cannot pay you they cannot pay you, and even if you take them to small claims and they don't have the money to pay you. Its crushing, I know, but I think your best bet is to hang on and ping them at the end of October early November and ask for an update. ...
by NextMil
Fri Oct 05, 2018 12:17 pm
Forum: Personal Consumer Issues
Topic: Best deals to buy iphones
Replies: 28
Views: 2339

Re: Best deals to buy iphones

Also appears that MVNOs are no frills. Tethering and prioritization are important to me and could be a deal breaker.
by NextMil
Fri Oct 05, 2018 11:47 am
Forum: Personal Consumer Issues
Topic: Best deals to buy iphones
Replies: 28
Views: 2339

Re: Best deals to buy iphones

I got two iPhone Xs for half the price of two full priced phones. I stayed with my same carrier and they allowed me to kill off an old line for the new one. I am not paying any more than exactly what was outlined. I don't understand why people think its not what is advertised. My plan hasn't change...
by NextMil
Fri Oct 05, 2018 11:07 am
Forum: Personal Consumer Issues
Topic: Best deals to buy iphones
Replies: 28
Views: 2339

Re: Best deals to buy iphones

I got two iPhone Xs for half the price of two full priced phones. I stayed with my same carrier and they allowed me to kill off an old line for the new one. I am not paying any more than exactly what was outlined. I don't understand why people think its not what is advertised. My plan hasn't changed...
by NextMil
Fri Oct 05, 2018 11:02 am
Forum: Personal Finance (Not Investing)
Topic: getting paid as a contractor
Replies: 33
Views: 2203

Re: getting paid as a contractor

That's definitely a long time, but if they cannot pay you they cannot pay you, and even if you take them to small claims and they don't have the money to pay you. Its crushing, I know, but I think your best bet is to hang on and ping them at the end of October early November and ask for an update. Y...
by NextMil
Fri Oct 05, 2018 10:41 am
Forum: Personal Consumer Issues
Topic: Best deals to buy iphones
Replies: 28
Views: 2339

Re: Best deals to buy iphones

I did bogo. What makes you think the math does not work out?
by NextMil
Fri Oct 05, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: getting paid as a contractor
Replies: 33
Views: 2203

Re: getting paid as a contractor

my contracts have a 30 day notice for termination for either side, and payment must be made within two weeks of receiving a monthly invoice otherwise the juice starts. That said, I keep some retained earnings on hand to cover me should it take longer than expected and it has never come to that. Unle...
by NextMil
Thu Oct 04, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: Black suit with dark brown shoes?
Replies: 59
Views: 3927

Re: Black suit with dark brown shoes?

Based on your post, you absolutely need to bring two pairs of shoes. You shouldn't wear black shoes with khakis and a navy jacket, and you shouldn't wear brown shoes with a black suit. Black shoes are very formal and should be paired only with a mid-gray to charcoal to black suit, or a navy suit. M...
by NextMil
Thu Oct 04, 2018 6:34 am
Forum: Personal Finance (Not Investing)
Topic: $6.55 Northrup Grumman 401k class action settlement
Replies: 34
Views: 6449

Re: $6.55 Northrup Grumman 401k class action settlement

I don't fill out class action lawsuits because I don't like the business. Most of the time, the law firms just go hunting for an opportunity. In the case of the Northrup Grumman case, the same firm has gone after a bunch of other companies. They find a case, sign people up, and they take a huge chun...
by NextMil
Thu Oct 04, 2018 6:25 am
Forum: Personal Finance (Not Investing)
Topic: Sold Home - 2 days after buyer claims they found an issue with A/C
Replies: 119
Views: 11729

Re: Sold Home - 2 days after buyer claims they found an issue with A/C

For a reference point. I had something on a home inspection on purchasing a house. The seller used a subpar contractor to repair the problem who legally should have pointed out additional problems, and didn't. Cost me $7k to repair. I thought about suing. Went through the trouble of FOIA'ing local g...
by NextMil
Wed Oct 03, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Talk to me about backdoor Roth
Replies: 25
Views: 2270

Re: Talk to me about backdoor Roth

Most people report that their tIRA remains open, empty. Use it next year. Your CPA may or may not be familiar with the back door. Do you know what to tell him/her in order to get the Form 8606 filled out correctly? Thanks. Yeah, I think he had a good handle on it, and I read through the link you se...
by NextMil
Wed Oct 03, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: Remember traveler's checks? How to cash a forgotten stash
Replies: 29
Views: 3419

Re: Remember traveler's checks? How to cash a forgotten stash

Nothing substantive to add since everyone else covered it, but I just wanted to say that I love a good found money story. So what are you going to do with your new found riches?
by NextMil
Wed Oct 03, 2018 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: My bank and absurd policy for "no fee"
Replies: 51
Views: 4194

Re: My bank and absurd policy for "no fee"

I am a big fan of Schwab mainly due to the perks and their customer service is outstanding. Reps refer to you as “Mr and sir” even when I was in my 20s. That said, I keep at least $2k extra in my account (not required) just in case my math is bad someday or I need some quick cash. I vote that you sh...
by NextMil
Wed Oct 03, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Talk to me about backdoor Roth
Replies: 25
Views: 2270

Re: Talk to me about backdoor Roth

So I am finally moving forward with this and did the required steps and reading and read the new language in the tax law, which essentially codifies the backdoor roth option for everyone. Other than making sure my CPA has the 8606 filled out correctly is there anything else to be concerned with? Doe...
by NextMil
Tue Oct 02, 2018 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Root of Good's cost of raising a child: $3,300 per year
Replies: 163
Views: 5349

Re: Root of Good's cost of raising a child: $3,300 per year

$200 for childcare per year is laughable. We spend that much on a day and a half with a local sitter. Tell me about the opportunity cost for staying at home. This is a joke. This is a joke and not acceptable to you, but we all live differently and have different priorities. What about the opportuni...
by NextMil
Tue Oct 02, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Root of Good's cost of raising a child: $3,300 per year
Replies: 163
Views: 5349

Re: Root of Good's cost of raising a child: $3,300 per year

$200 for childcare per year is laughable. We spend that much on a day and a half with a local sitter. Tell me about the opportunity cost for staying at home. This is a joke. This is a joke and not acceptable to you, but we all live differently and have different priorities. What about the opportuni...
by NextMil
Tue Oct 02, 2018 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Root of Good's cost of raising a child: $3,300 per year
Replies: 163
Views: 5349

Re: Root of Good's cost of raising a child: $3,300 per year

$200 for childcare per year is laughable. We spend that much on a day and a half with a local sitter. Tell me about the opportunity cost for staying at home. Starting at the beginning of the next year we’re planning on sending our kids to day care. It’ll be $139/week per child for 3 half days. That...
by NextMil
Mon Oct 01, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover will be released October 1, 2018
Replies: 65
Views: 12405

Re: The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover will be released October 1, 2018

I enjoyed the first one, which now begs the question, will anything in this book be new to me or are the basic concepts the same, and it's just a reboot?
by NextMil
Mon Oct 01, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Suze Orman - "I hate the FIRE movement."
Replies: 75
Views: 8994

Re: Suze Orman - "I hate the FIRE movement."

Thanks for the post, thought provoking for sure. I agree with you, and think the goal should be FI and then people can make adjustments. Suze, has been doing side projects. I am not a fan of Suze, but I think she raises some good points. I also think the parochial view of FIRE as being black and whi...
by NextMil
Sat Sep 22, 2018 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Physical Banking - Any benefits anymore?
Replies: 139
Views: 8724

Re: Physical Banking - Any benefits anymore?

Ages ago I worked in a branch. Today, I have been a schwab customer for over a decade and have nevever had an issue banking online solely. They overnight bank checks too.
by NextMil
Fri Sep 21, 2018 2:44 pm
Forum: Personal Consumer Issues
Topic: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help
Replies: 82
Views: 3551

Re: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help

You are comparing an Mazda Miata to a 3 series??????!!!!!! Based on the posts you've made, you seem more concerned with the status/badge a car has than actual driving experience. According to you, a car is more fun if it is "fast off the line" and has a "nice interior." And you've scoffed at the id...
by NextMil
Fri Sep 21, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: WSJ print edition renwal time - any discounts?
Replies: 68
Views: 4538

Re: WSJ print edition renwal time - any discounts?

Just switch to the Financial Times? Probably more expensive, but better quality? I would be interested to hear Bogleheads' thoughts on the two newspapers If you live in the US and need your news timely then FT is a no go. I also prefer WSJ over FT and who wants to carry a pink, ok salmon, paper? :w...
by NextMil
Fri Sep 21, 2018 11:25 am
Forum: Personal Consumer Issues
Topic: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help
Replies: 82
Views: 3551

Re: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help

Actually, such a suggestion is extremely helpful, considering the OP... - only takes home $42K/yr - only drives ~2500mi/yr (6x fewer miles than the average driver) - himself suggested buying a Civic in 2 of the 3 options he lays out Besides, his BMW experience is driving an F30 generation 328i, whi...
by NextMil
Fri Sep 21, 2018 4:47 am
Forum: Personal Consumer Issues
Topic: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help
Replies: 82
Views: 3551

Re: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help

Suggestions for a Honda Civic for a person who enjoys driving a BMW are unhelpful at best. Once you get behind the wheel of a German car with balls, it's hard to go back to driving less exciting cars. Speaking from personal experience. Actually, such a suggestion is extremely helpful, considering t...
by NextMil
Thu Sep 20, 2018 6:36 pm
Forum: Personal Consumer Issues
Topic: Need iPhone case recommendations
Replies: 19
Views: 1128

Re: Need iPhone case recommendations

I don’t like bulk. My XS arrives tomorrow. I got the dual pro from incipio and ordered a screen protector.
by NextMil
Thu Sep 20, 2018 5:06 pm
Forum: Personal Consumer Issues
Topic: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help
Replies: 82
Views: 3551

Re: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help

Suggestions for a Honda Civic for a person who enjoys driving a BMW are unhelpful at best. Once you get behind the wheel of a German car with balls, it's hard to go back to driving less exciting cars. Speaking from personal experience. Actually, such a suggestion is extremely helpful, considering t...
by NextMil
Thu Sep 20, 2018 6:26 am
Forum: Personal Consumer Issues
Topic: Bathroom and Basement Remodel Costs
Replies: 56
Views: 3758

Re: Bathroom and Basement Remodel Costs

Seems really high to me especially since you are sourcing and paying for a lot of stuff outside of the quotes, that means its even more expensive. I would shop around more as others have said. I also agree with the other poster who asked if you really need custom cabinets.
by NextMil
Wed Sep 19, 2018 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgages - Pros, Cons
Replies: 55
Views: 3940

Re: Reverse Mortgages - Pros, Cons

Find a new advisor.
by NextMil
Wed Sep 19, 2018 12:52 pm
Forum: Personal Consumer Issues
Topic: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help
Replies: 82
Views: 3551

Re: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help

Keep it, but don’t buy any of the bs warranties or maintanence packages. Find a good Bmw Indy mechanic. Enjoy your ultimate driving machine. Also, car max is wholesale price. $27k for a 16 328i with such low mileage seems reasonable especially if you have packages on it. Wow! Everyone is so fixated...
by NextMil
Wed Sep 19, 2018 7:42 am
Forum: Personal Consumer Issues
Topic: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help
Replies: 82
Views: 3551

Re: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help

Keep it, but don’t buy any of the bs warranties or maintanence packages. Find a good Bmw Indy mechanic.

Enjoy your ultimate driving machine.

Also, car max is wholesale price. $27k for a 16 328i with such low mileage seems reasonable especially if you have packages on it.