Search found 106 matches

by Murgatroyd
Thu Oct 18, 2018 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Where would you go for financial guidance if you win the Megamillions?
Replies: 78
Views: 5412

Re: Where would you go for financial guidance if you win the Megamillions?

My dream is to give my beloved university enough endowment to have a building in my name.
Doesn’t Murgatroyd Hall sound intellectual?
by Murgatroyd
Thu Oct 18, 2018 6:28 am
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 78
Views: 3319

Re: When to change tires; and what brand

Spend some time on tire rack.com. Tires perform differently based on the car. You can search tires that fit your car and read consumer reviews for your exact situation. I’ve done this a number of times with great results. There have been times where I really liked a tires performance on one of our c...
by Murgatroyd
Wed Oct 17, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: Corporate politics/culture
Replies: 34
Views: 3190

Re: Corporate politics/culture

OP, you haven’t said the level you are at. You could be toast for reasons given above if you are within a level or two of anyone new. My advice for survival if necessary. In any initial conversation with a new person positivity is critical. You need to appear enthusiastic about your work and have re...
by Murgatroyd
Mon Oct 15, 2018 3:44 pm
Forum: Investing - Theory, News & General
Topic: "Turn Off The Financial News"
Replies: 13
Views: 1845

Re: "Turn Off The Financial News"

The financial press will give you the same reason for up days versus down days.
by Murgatroyd
Sat Oct 13, 2018 3:55 pm
Forum: Personal Consumer Issues
Topic: Budget Coffee
Replies: 51
Views: 3112

Re: Budget Coffee

Sams has 40 ounce whole bean Caribou medium for I think 17.88. You can grind it there too.
by Murgatroyd
Fri Oct 12, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: If I retire to a State that has no State taxes...
Replies: 46
Views: 7333

Re: If I retire to a State that has no State taxes...

We have moved 7 times across states. (Chasing the corporate dream...) All 7 times I have paid taxes to both states based on actual dollars earned while residing in each.

Minnesota, Maryland, Missouri, Tennessee, Oklahoma, Texas, Illinois.
by Murgatroyd
Thu Oct 11, 2018 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Job Opportunity - Via Staffing Agency
Replies: 29
Views: 2247

Re: Job Opportunity - Via Staffing Agency

Pretty clear both the recruiter and company hold all the cards. What you really need is downside protection, in case of firing - which you probably cannot negotiate. Let’s say at the contracts end the company says no thanks, you have nothing. If you were an employee they’d at least give you a month ...
by Murgatroyd
Thu Oct 11, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Mold on inspection, need advice
Replies: 30
Views: 2233

Re: Mold on inspection, need advice

Responses all over the map. We’ve lived in the north and south. I suspect the “mold is everywhere, no big deal” are from folks in the south and “find another house” from other areas. Says a lot about attitudes based on local experience.

OP, where are you?
by Murgatroyd
Tue Oct 09, 2018 12:10 pm
Forum: Personal Consumer Issues
Topic: Outdoor Furniture
Replies: 9
Views: 1103

Re: Outdoor Furniture

Our 35 year old house has exposed Douglas Fir beams. They are finished with semi solid stain. The ones under overhangs are still beautiful. The ones totally exposed have some weather wear. Chicago area. I would think the useage as you describe will last if finished properly. The only thing I can thi...
by Murgatroyd
Tue Oct 09, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: Should I, and how, act on changes in managing diet and health?
Replies: 65
Views: 4478

Re: Should I, and how, act on changes in managing diet and health?

I speak as a former food manufacturing and retailing marketer/exec of many years. There are dozens of products you see in stores that I introduced. The best avenue for you to “play” in this arena is to watch IPO’s. And be ready to get in and out FAST! There are little to no barriers to entry in this...
by Murgatroyd
Mon Oct 08, 2018 4:48 pm
Forum: Personal Consumer Issues
Topic: What are your strategies when shopping for a house?
Replies: 38
Views: 3339

Re: What are your strategies when shopping for a house?

A lot of good info here. Another thing you can do is use Google maps history function to view the property and surrounding area going back 20 years. Interesting what you’ll see. And I want to reinforce looking at FEMA for flood zones. Particularly since it seems to be worsening. https://msc.fema.gov...
by Murgatroyd
Sat Oct 06, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: The Psychological Dimension Of The Transition To Retirement
Replies: 25
Views: 2807

Re: The Psychological Dimension Of The Transition To Retirement

There are only two things for you, do it or not. Your advisor gave you the info and you are OK with that so go with it. It is an apprehensive time for most of us. Letting go that paycheck. Will you take SS? Look at it as time. Time is what we spend but can never save. I have friends who still work ...
by Murgatroyd
Tue Sep 25, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: Electric Shaver/Beard Trimmer
Replies: 21
Views: 1818

Re: Electric Shaver/Beard Trimmer

I have the same shaver. Bought it in 1997. Replaced the motor in ‘01 for I think about $50. Still works.
by Murgatroyd
Thu Sep 13, 2018 1:27 pm
Forum: Personal Consumer Issues
Topic: How to determine quality of a finished new construction home
Replies: 45
Views: 3051

Re: How to determine quality of a finished new construction home

Owned 7 homes, built 3. attic: look up, not down. look at how well studs and support beams match where cut. Particularly those cut on angles. Are nails and screws tight and flush. Does it look like anything was removed and replaced. Look at as much of the decking as possible for water stains and do ...
by Murgatroyd
Wed Sep 12, 2018 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Laddered CDs
Replies: 28
Views: 2911

Re: Laddered CDs

I need to move some funds out of a low interest (to no interest) SAVINGS account to my Fidelity account and was considering going to Laddered CDs. Does anyone have any thoughts on this? Appreciate any/all feedback. Thanks in advance..... BW At present, we have 9 laddered broker CD’s in our Fidelity...
by Murgatroyd
Wed Sep 12, 2018 6:28 pm
Forum: Personal Consumer Issues
Topic: 401k "advice" to my associates
Replies: 51
Views: 2197

Re: 401k "advice" to my associates

SB, you are doing the right thing for the right reasons. A few responses have encouraged some automatic company driven policies. I would suggest you determine how much the company can afford on an ongoing basis and fund everyone’s account by the same percentage. Let’s assume it’s 1%. Automatic and v...
by Murgatroyd
Tue Sep 11, 2018 8:35 am
Forum: Investing - Theory, News & General
Topic: Medallion Signature guarantee?
Replies: 28
Views: 2356

Re: Medallion Signature guarantee?

Fidelity makes this easy
by Murgatroyd
Fri Sep 07, 2018 1:14 pm
Forum: Personal Consumer Issues
Topic: Car Shopping, Seem to lose my Boglehead way each time help!!
Replies: 37
Views: 2975

Re: Car Shopping, Seem to lose my Boglehead way each time help!!

You may be stunned at how nice 2-3 year old cars are. At huge savings. Lots of low mileage leased vehicles turned in. Pull up one of the websites and search for under 20,000 miles on 2016’s.
by Murgatroyd
Fri Sep 07, 2018 10:47 am
Forum: Personal Consumer Issues
Topic: Certified Pre-Owned Cars (CPO): Is this normal?
Replies: 30
Views: 2522

Re: Certified Pre-Owned Cars (CPO): Is this normal?

I wonder if this is a Hyundai thing? Shopped for a used car for #1 son. Got to negotiations on a Hyundai listed as CPO. When salesman came back with his first counter offer there was $1200 added for the CPO. I called BS and he showed me the mice type at the bottom of their ad.

Straight out the door.
by Murgatroyd
Fri Sep 07, 2018 9:07 am
Forum: Personal Consumer Issues
Topic: Car Shopping, Seem to lose my Boglehead way each time help!!
Replies: 37
Views: 2975

Re: Car Shopping, Seem to lose my Boglehead way each time help!!

Adam, while not quite as fastidious or enthusiast as you, I also have always enjoyed driving a, let’s say, higher end car. And over recent years as I’ve driven less expensive cars as rentals, I’ve remarked how much better they are and conceivably closer in quality to more expensive options. So as I ...
by Murgatroyd
Fri Sep 07, 2018 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Scaring the Old Folks
Replies: 71
Views: 8276

Re: Scaring the Old Folks

And let’s not forget another huge savings in retirement. Federal taxes. In our case (early retirement prior to SS) dropping from 19% to ZERO.
by Murgatroyd
Thu Aug 30, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: Body language coach?
Replies: 26
Views: 2915

Re: Body language coach?

I've found myself in a position at work that has more sales than I am comfortable with. I am generally an introverted quiet person and I do not have problems managing below me but am having trouble connecting with possible clients. I've taken sales classes before so once I connect I think I'm okay ...
by Murgatroyd
Thu Aug 30, 2018 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Zelle, online payments
Replies: 53
Views: 4482

Re: Zelle, online payments

To me, This is one of those “unknown unknowns” While I don’t think I’m a Luddite, anything that is even tangentially attached to my accounts scares the you know what out of me. Everything is fine.......until it isn’t. And then it comes out that everyone should have known about the vulnerability. We ...
by Murgatroyd
Tue Aug 28, 2018 9:33 am
Forum: Personal Finance (Not Investing)
Topic: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)
Replies: 74
Views: 7570

Re: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)

If the estranged kid turns up at the funeral then I would distribute 4 ways. Estranged kid does not turn up, and no sensible excuse offered, then 3 ways. I would thereby assume that antagonism is mutual between mother and child. Question: What happens if YOU die first?! Stuff happens... msk gets my...
by Murgatroyd
Mon Aug 27, 2018 1:12 pm
Forum: Investing - Theory, News & General
Topic: Why do some companies persistently exceed investor expectations by hefty margins over 10-20 years?
Replies: 15
Views: 1535

Re: Why do some companies persistently exceed investor expectations by hefty margins over 10-20 years?

Creative accounting is also a factor. Having worked at a senior level with P&L responsibility at a couple of companies, there are often reserves that get booked when needed. These funds come from everywhere. Among the biggest contributors is “purchase accounting reserves” from takeovers. Of course, ...
by Murgatroyd
Mon Aug 27, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Unexpected Tax Underpayment - When and how should I pay?
Replies: 23
Views: 1692

Re: Unexpected Tax Underpayment - When and how should I pay?

Its just not a big deal. Really. We had an unexpected inherited annuity payout a few years back and were short $123,000 to the IRS. The penalty was a whopping $73. If you would feel better make a payment but folks get a little bent out of shape on these penalties.
by Murgatroyd
Mon Aug 27, 2018 9:54 am
Forum: Personal Consumer Issues
Topic: Marvin vs. Andersen Windows: The Eternal Struggle
Replies: 56
Views: 83000

Re: Marvin vs. Andersen Windows: The Eternal Struggle

If the sashes and casings are sound just replace the glass. It’s about 1/4 the cost. Even the mechanisms can be repaired.
by Murgatroyd
Thu Aug 16, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited House Sale as Capital Loss
Replies: 27
Views: 1276

Re: Inherited House Sale as Capital Loss

Had a similar situation with my mothers house in New Mexico. There was a TOD on the house and the estate went to probate. Perhaps it’s a New Mexico law but the judge still had to approve the sale about 7 months later.
by Murgatroyd
Thu Aug 16, 2018 12:19 pm
Forum: Personal Consumer Issues
Topic: Celebrating the day you retired
Replies: 46
Views: 3180

Re: Celebrating the day you retired

I was fired on my last day 🙃. Knew it was coming and was ready. Had already cleaned up my PC and only a few personal items remained to be packed. I refused to do something unethical about a month earlier and recognized all the signs.
by Murgatroyd
Tue Aug 14, 2018 5:35 am
Forum: Personal Consumer Issues
Topic: Retire in Florida or Alabama?
Replies: 107
Views: 8140

Re: Retire in Florida or Alabama?

The beaches from Gulf Shores Al through the Florida panhandle are absolutely gorgeous +1 Was stationed in Pensacola with the Navy a long time ago. The "Florabama" coast has the whitest sand and warmest water. Been there recently. Pensacola may be a “sweet spot” location. Not crowded and a super nic...
by Murgatroyd
Sat Aug 11, 2018 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Insuring for sewer damage in a slab home
Replies: 14
Views: 1250

Re: Insuring for sewer damage in a slab home

We have owned 3 homes built on slabs. As previously said, any backup comes into your more expensive and intrusive to repair living space. As a side note to comments regarding either seeing it quickly or adding water sensors, these are no consolation if you do not have insurance. Just because you kno...
by Murgatroyd
Sat Aug 11, 2018 7:55 am
Forum: Investing - Help with Personal Investments
Topic: Preparing for a bear market
Replies: 43
Views: 5309

Re: Preparing for a bear market

One thing with the potential to ease (or perhaps aggravate) your mind is knowing how much of your 3% withdrawal is provided by dividends and interest. Let’s say the 3% is $20,000 annually. If you find that 3/4 of that is actually coming from d/i, then even in a market downturn, in which some dividen...
by Murgatroyd
Thu Aug 09, 2018 8:29 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 240
Views: 21662

Re: "Don't Obsess About Expense Ratios"

Really enjoying this banter.
Nothing like good ol’ fashioned competition!
:beer
by Murgatroyd
Thu Aug 09, 2018 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: SocialSecurity.tools updated to include spousal benefits
Replies: 56
Views: 5428

Re: SocialSecurity.tools updated to include spousal benefits

gregable, thank you. A small thing I discovered. The imported ss data must have dollar signs on all column 2 & 3 data to work. I had a preexisting file of my info dropped to a spreadsheet that for some reason did not have the signs. As soon as I put them in your tool works. Hm, I can't reproduce yo...
by Murgatroyd
Mon Aug 06, 2018 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: SocialSecurity.tools updated to include spousal benefits
Replies: 56
Views: 5428

Re: SocialSecurity.tools updated to include spousal benefits

gregable, thank you. A small thing I discovered. The imported ss data must have dollar signs on all column 2 & 3 data to work. I had a preexisting file of my info dropped to a spreadsheet that for some reason did not have the signs. As soon as I put them in your tool works.
by Murgatroyd
Sun Aug 05, 2018 5:55 am
Forum: Personal Finance (Not Investing)
Topic: Do you think I am being too conservative on buying a house?
Replies: 46
Views: 3815

Re: Do you think I am being too conservative on buying a house?

Here’s what’s interesting..... Everyone is commenting based on their values and on the numbers assumptions. As requested. But life is full of unknowns. A big one here is interest rates. If rates move up rapidly all assumptions are null and Roger and bride may have to move fast on a larger abode. My ...
by Murgatroyd
Sat Aug 04, 2018 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Few weeks into new job recieved significantly better offer elsewhere
Replies: 103
Views: 10295

Re: Few weeks into new job recieved significantly better offer elsewhere

Btw, other red flags: I never stepped foot into the office I'll be working at (all interviews where over the phone The pay seems too good to be true (unless they'll expect me to work long hours?). The top 10%-ile is for the role at the company according to paysa. Why so high? My skills are good but...
by Murgatroyd
Thu Aug 02, 2018 9:23 am
Forum: Personal Consumer Issues
Topic: New job commute
Replies: 64
Views: 3773

Re: New job commute

I had the same issue for 5 years. At 34 miles and over an hour suggests traffic is an issue. Can you adjust your commute (and at work) schedule to avoid the traffic? For example, early on both ends?
by Murgatroyd
Thu Jul 26, 2018 6:54 pm
Forum: Personal Consumer Issues
Topic: Buying a used car..how many owners is too many owners?
Replies: 14
Views: 1432

Re: Buying a used car..how many owners is too many owners?

Is there a Carfax report? It may provide some clues
by Murgatroyd
Thu Jul 26, 2018 2:09 pm
Forum: Personal Consumer Issues
Topic: Home Theater vs. Soundbar
Replies: 67
Views: 5911

Re: Home Theater vs. Soundbar

OP, I went through a similar situation. Had very good components but wanted to integrate the system just as you've described. My solution was with Sonos. Here's the linchpin, they have an item (Connect/Amp) that will use your existing speakers including sub-woofer. I think the lack of sub-woofer wi...
by Murgatroyd
Thu Jul 26, 2018 9:06 am
Forum: Personal Consumer Issues
Topic: Home Theater vs. Soundbar
Replies: 67
Views: 5911

Re: Home Theater vs. Soundbar

OP, I went through a similar situation. Had very good components but wanted to integrate the system just as you've described. My solution was with Sonos. Here's the linchpin, they have an item (Connect/Amp) that will use your existing speakers including sub-woofer. I think the lack of sub-woofer wi...
by Murgatroyd
Wed Jul 25, 2018 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 157
Views: 13773

Re: Should I Dump a Pile of Money on Young Son?

OP, your son is like my daughter. Naval Academy but all else similar, except she’s older at 30. I would not hesitate to give her the $ right now. But at 24?? I’d be asking opinions just like you. None of us can know him like you do. But if it were us I’d just set up a simple trust that turns it all ...
by Murgatroyd
Wed Jul 25, 2018 10:49 am
Forum: Personal Consumer Issues
Topic: Home Theater vs. Soundbar
Replies: 67
Views: 5911

Re: Home Theater vs. Soundbar

OP, I went through a similar situation. Had very good components but wanted to integrate the system just as you've described. My solution was with Sonos. Here's the linchpin, they have an item (Connect/Amp) that will use your existing speakers including sub-woofer. I think the lack of sub-woofer wit...
by Murgatroyd
Mon Jul 23, 2018 6:46 pm
Forum: Personal Consumer Issues
Topic: New mailbox and post, plus install
Replies: 16
Views: 1236

Re: New mailbox and post, plus install

True story. Bought a brand new house in 1982. As a strapping 26 year old I decided to put in the mail post and box. Took all day. Broke th post hole digger and finally got it done with a large pick axe. Turns out the developer left excess cement under the surface. :oops:
by Murgatroyd
Fri Jul 20, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Ladder Managed Account
Replies: 31
Views: 1758

Re: Bond Ladder Managed Account

What am I missing? The bond fund will not be paying 2.5% at the end of two years in the scenario you described. It may not be paying 2.5% at the end of one year either. It should be paying more than 2.5% under those circumstances. In other words, you will NOT earn the same income over two years. Aa...
by Murgatroyd
Fri Jul 20, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Bond Ladder Managed Account
Replies: 31
Views: 1758

Re: Bond Ladder Managed Account

Use this link to the Fidelity bond ladder page then click on the link down the page , “using the bond ladder tool” for a video on how you can do this yourself. https://www.fidelity.com/fixed-income-bonds/fixed-income-tools-services/bond-ladder-tool However, I still recommend my earlier thread advice...
by Murgatroyd
Fri Jul 20, 2018 9:41 am
Forum: Investing - Help with Personal Investments
Topic: Bond Ladder Managed Account
Replies: 31
Views: 1758

Re: Bond Ladder Managed Account

Winston, don’t pay that fee. See this recent thread for options.
viewtopic.php?f=1&t=253638
by Murgatroyd
Thu Jul 19, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: sams club - new member
Replies: 22
Views: 1746

Re: sams club - new member

We live equidistant to Sams and Costco and shop them both. Here’s a summary based on our buying: Sams wins: - roasted chicken is flat better. Costco’s is fatty in comparison, - on identical TV’s Sams wins even including the Costco 2%, - superior beer selection, not even close, - agree with earlier p...
by Murgatroyd
Thu Jul 19, 2018 11:18 am
Forum: Investing - Theory, News & General
Topic: I may have understood why it's so hard to save and invest
Replies: 75
Views: 11330

Re: I may have understood why it's so hard to save and invest

With this action,you’ve also built character.
Keep up the good work.
by Murgatroyd
Mon Jul 16, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: $540 a month on food for graduate student budget too much?
Replies: 81
Views: 6783

Re: $540 a month on food for graduate student budget too much?

Consider this. If you had a bowl of cereal for breakfast that’s about $2 per day. Box of cereal costs about $4 and carton of milk $2 -$3, should yield at least 3 or 4 meals. Bowl of soup for lunch also $1.50 to $2.50 for a large can of “chunky” style soup depending where you shop. That saves $8 per ...