Search found 628 matches

by oldfatguy
Wed Sep 23, 2020 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Question about moving out of state and in-state tuition for my child in that new state
Replies: 30
Views: 1996

Re: Question about moving out of state and in-state tuition for my child in that new state

The way most schools work is that if you start out as an OOS student, there is a presumption that you are only in the state for the purpose of attending school. This makes you ineligible for in-state tuition. To apply for a change of residency, the student needs to rebut this presumption. The bar f...
by oldfatguy
Mon Sep 21, 2020 8:38 pm
Forum: Personal Consumer Issues
Topic: Camping Lantern
Replies: 44
Views: 2376

Re: Camping Lantern

I've found that a headlamp and a Luci light provide more than enough light for my needs when I am camping. There are many variations, but here is one: https://www.amazon.com/MPOWERD-1023-002 ... ast_sto_dp
by oldfatguy
Fri Sep 18, 2020 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Elder abuse? Elderly woman sold home for far less than market value
Replies: 50
Views: 4807

Re: Elder abuse? Elderly woman sold home for far less than market value

I am also surprised at the number of responses that suggest this is a valid transaction. I have some experience of this in my family - an elderly relative took up with a younger woman in his old age, left her the house, and - so I heard - she gave the house to her daughters who sold it for money fo...
by oldfatguy
Thu Sep 10, 2020 10:23 pm
Forum: Personal Investments
Topic: How do your minor children invest?
Replies: 19
Views: 1542

Re: How do your minor children invest?

My child does not have any income to invest. She can't even pay for her own room and board yet.
by oldfatguy
Fri Sep 04, 2020 5:31 pm
Forum: Personal Consumer Issues
Topic: How to effectively complain to UPS?
Replies: 20
Views: 1744

Re: How to effectively complain to UPS?

Every time, I called UPS within 5 minutes of the supposed delivery time when I saw the tracking information. After transferring around, I was told that I could only ask the merchant to file a claim. I was hoping the customer service could contact the driver to double check. Obviously they couldn't....
by oldfatguy
Wed Sep 02, 2020 8:47 pm
Forum: Personal Investments
Topic: It's fascinating to get your kids involved in investing
Replies: 60
Views: 3362

Re: It's fascinating to get your kids involved in investing

It's never made sense to me for those who cannot even support themselves (kids in this case) to invest money. It's detached from reality. What is supposed to be teaching them?
by oldfatguy
Tue Sep 01, 2020 9:21 pm
Forum: Personal Consumer Issues
Topic: Rainfly or no rainfly in hot and humid weather
Replies: 11
Views: 1083

Re: Rainfly or no rainfly in hot and humid weather

Trader Joe wrote: Tue Sep 01, 2020 9:06 pm
I always use a rainfly, regardless of the weather.
Same here. In my region, there is nearly always some chance of rain when it is hot and humid, so I've never wanted to leave the rainfly off at night.

Most tents allow you to roll up or open part of the rain fly for more ventilation.
by oldfatguy
Wed Aug 12, 2020 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Tree section fell on my neighbor's property...who is liable
Replies: 56
Views: 5864

Re: Tree section fell on my neighbor's property...who is liable

My rule: if anything from my property ends up on someone else's property, I clean. That's a good rule. I would not be a very happy neighbor if I had to go out of pocket to clean up a mess from their tree. It's happened to me a number of times, in both directions (my tree on a neighbor's property, a...
by oldfatguy
Mon Aug 10, 2020 9:55 pm
Forum: Personal Consumer Issues
Topic: What price range for Daughter's first car?
Replies: 122
Views: 5753

Re: What price range for Daughter's first car?

New vs. used doesn't matter. Purchase price is only relevant as a factor of annualized cost. If you buy a new car and keep it for 15 years, then price/15 is your annualized cost. If you buy a used car, the price/(15-minus age of car) is your annualized purchase cost.
by oldfatguy
Sun Aug 09, 2020 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: deferred payroll tax implications?
Replies: 77
Views: 5518

Re: deferred payroll tax implications?

CurlyDave wrote: Sun Aug 09, 2020 3:36 pm

It increases take home pay, incentivizing people to find jobs and work.
No it doesn't. It just shifts the tax obligation to a future date. It is smoke and mirrors.
by oldfatguy
Sun Aug 09, 2020 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: deferred payroll tax implications?
Replies: 77
Views: 5518

Re: deferred payroll tax implications?

Trader Joe wrote: Sun Aug 09, 2020 11:46 am The implication is that this is great news for American workers and their families.
I can't tell if you are being sarcastic or not.

If not, how exactly is this great news for me?
by oldfatguy
Sat Aug 01, 2020 3:38 pm
Forum: Personal Investments
Topic: Paying 7y/o son as household worker
Replies: 82
Views: 5364

Re: Paying 7y/o son as household worker

If your son isn't available will you hire another child to perform the task?
by oldfatguy
Thu Jul 30, 2020 10:08 pm
Forum: Personal Investments
Topic: Furloughed - Rollover 401K to IRA?
Replies: 21
Views: 1754

Re: Furloughed - Rollover 401K to IRA?

I can’t find any exception in an online search that would allow your former employer to prevent a Rollover. Every reference I can find states that one is entitled to roll over the funds after leaving employment. Here is the IRS rollover chart - from 403(b) to Traditional IRA - “Yes” https://i.ibb.c...
by oldfatguy
Wed Jul 29, 2020 8:17 pm
Forum: Personal Investments
Topic: Furloughed - Rollover 401K to IRA?
Replies: 21
Views: 1754

Re: Furloughed - Rollover 401K to IRA?

One more thing to consider is that a 401K allows penalty free withdrawals before age 59.5 if you retire from the company in the year you turn 55. This gets repeated often on the forums, but it is not the absolute as is often stated, including above. The federal regulations allow for partial distrib...
by oldfatguy
Wed Jul 29, 2020 6:02 pm
Forum: Personal Investments
Topic: Furloughed - Rollover 401K to IRA?
Replies: 21
Views: 1754

Re: Furloughed - Rollover 401K to IRA?

One more thing to consider is that a 401K allows penalty free withdrawals before age 59.5 if you retire from the company in the year you turn 55. This gets repeated often on the forums, but it is not the absolute as is often stated, including above. The federal regulations allow for partial distrib...
by oldfatguy
Wed Jul 22, 2020 6:57 am
Forum: Personal Consumer Issues
Topic: top suvs for tall driver & good mpg
Replies: 36
Views: 2421

Re: top suvs for tall driver & good mpg

At 6'2" my Subaru Outback has plenty of leg room and head room for me. That was one of the main reasons I chose it over other other vehicles in the same class like the RAV 4 and CR-V. I also opted for the trim level with the power-adjustable driver's seat, which I found to be more comfortable than t...
by oldfatguy
Wed Jul 22, 2020 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Best option to pay for large unexpected expense
Replies: 40
Views: 2644

Re: Best option to pay for large unexpected expense

$15k? That just doesn’t sound remotely right. How large is this tree? I had a 50-60 ft spruce tree removed that was about 8 ft away from the house, and I was annoyed to pay $1400 for it. +1 I've had dozens of trees removed over the years, and none ever came close to that amount. You don't need an a...
by oldfatguy
Thu Jul 16, 2020 6:36 am
Forum: Personal Finance (Not Investing)
Topic: Wife's new job, pregnancy leave
Replies: 50
Views: 3634

Re: Wife's new job, pregnancy leave

DIL, newly minted attorney, took job with county court system earlier this year. Within weeks found out she was pregnant, apparently weeks or a month prior to hire date. Did not mention to employer until probationary period was over. HR tells her she is not eligible for paid leave and that unpaid l...
by oldfatguy
Wed Jul 15, 2020 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: FLSA exempt - I disagree...maybe
Replies: 21
Views: 908

Re: FLSA exempt - I disagree...maybe

Welcome to the hell of salaried/exempt employment Ha! Thanks(?). I mean, I knew it wasn’t going to be all sunshine and roses, but as I look into it further, I think they e carved out some exemptions for ‘first responders’ that might apply in my case. My employer treats me as hourly when it benefits...
by oldfatguy
Wed Jul 15, 2020 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: FLSA exempt - I disagree...maybe
Replies: 21
Views: 908

Re: FLSA exempt - I disagree...maybe

Welcome to the hell of salaried/exempt employment
by oldfatguy
Tue Jul 14, 2020 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Helping our Adult Child Buy a Home
Replies: 72
Views: 5669

Re: Helping our Adult Child Buy a Home

Do not enable them to buy a house that they cannot afford on their own.
by oldfatguy
Tue Jul 14, 2020 3:51 pm
Forum: Personal Consumer Issues
Topic: Help!! Does this email sound legit ??
Replies: 23
Views: 1846

Re: Help!! Does this email sound legit ??

In this day and age, would anyone really click that (to install malware) ? I can't imagine anyone would do anything but chuckle, report as phishing then block the sender. Yes. My boss seems unable to distinguish obvious spam and phishing emails from legitimate ones. She is constantly forwarding us ...
by oldfatguy
Tue Jul 14, 2020 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Wife's new job, pregnancy leave
Replies: 50
Views: 3634

Re: Wife's new job, pregnancy leave

When I was a young women professional, I can't think of any of my friends who took more than a month in leave due to childbirth, not because of "keeping up with the jones" salary (thankfully I had no friends with that attitude towards money), but out of responsibility. Responsibility to whom? Your ...
by oldfatguy
Mon Jul 13, 2020 8:29 pm
Forum: Personal Consumer Issues
Topic: Sour like smell in house - Need Help
Replies: 33
Views: 3058

Re: Sour like smell in house - Need Help

Be sure to read through this thread for some ideas about how to isolate the problem: viewtopic.php?t=62092
by oldfatguy
Mon Jul 13, 2020 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Wife's new job, pregnancy leave
Replies: 50
Views: 3634

Re: Wife's new job, pregnancy leave

Why would anyone take less time than the company policy provides? To me, that would be like saying, "I know you offer healthcare, but I prefer to pay for it myself, since I haven't been here long enough to deserve it."
by oldfatguy
Mon Jul 13, 2020 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Wife's new job, pregnancy leave
Replies: 50
Views: 3634

Re: Wife's new job, pregnancy leave

Her company has extremely good maternity benefits which she does qualify for: 6 months paid leave. I assume you are sure about that (her eligibility)? Many companies have a waiting period of 6 months or a year, but it sounds like that is not the case here. I think 2 months notice would be more than...
by oldfatguy
Sun Jul 12, 2020 2:47 pm
Forum: Personal Consumer Issues
Topic: House with high tension power lines in backyard
Replies: 71
Views: 4759

Re: House with high tension power lines in backyard

This thread is fascinating to me, as I grew up in the shadow of very tall steel transmission towers, and have never heard of any concerns about them until now. Ignorance is bliss, I guess. In fact, we considered their presence a bonus. They ran through a large open field behind our backyard, which m...
by oldfatguy
Fri Jul 10, 2020 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: How to find the right neighborhood (home)?
Replies: 44
Views: 2935

Re: How to find the right neighborhood (home)?

HOA - guard gated. Not just gated but 24/7 guard gated. Ideally armed. You do want your family to live in safe neighborhood. That was my wife's only priority when buying (no kids). There is something to be said for avoiding criminality. I wouldn’t live in an area where it was necessary to live in a...
by oldfatguy
Wed Jul 08, 2020 10:18 am
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 549
Views: 47102

Re: College in fall

This thread has pretty much 'jumped the shark' by now, but this site always gives me a good chuckle. Bogleheads: Someone needs a simple will ... everyone should hire an experienced estate attorney! There's a small crack in my drywall ... you need it evaluated by a structural engineer ASAP! College e...
by oldfatguy
Wed Jul 08, 2020 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Rounding in IRS Free File Fillable Forms
Replies: 15
Views: 736

Re: Rounding in IRS Free File Fillable Forms

You should round all of your inputs to the forms to the nearest dollar.
by oldfatguy
Tue Jul 07, 2020 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 549
Views: 47102

Re: College in fall

Nobody polices attendance in university classes -- non-students can freely enter classrooms and attend whatever classes they want. There's a reason that universities don't police this. Virtually nobody does it. If it were the education that was desired, then people who couldn't get in, or couldn't ...
by oldfatguy
Tue Jul 07, 2020 11:46 am
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 549
Views: 47102

Re: College in fall

I was pointing out that off campus students cannot utilize a library, labs, study groups, office hours and many other systems of personalized learning services that open campuses have in place. Although they do not have that access anymore the price for tuition remains the same. It is pretty common...
by oldfatguy
Mon Jul 06, 2020 8:31 pm
Forum: Personal Consumer Issues
Topic: Thinking of buying myself a luxury item.. Is LV wallet a legit purchase?
Replies: 153
Views: 7755

Re: Thinking of buying myself a luxury item.. Is LV wallet a legit purchase?

Kagord wrote: Mon Jul 06, 2020 6:22 pm wait, what? people are still using wallets, can you actually still buy one? Wallet's are so 1995, like when Seinfeld was on and George showed his.
Yep. Carry mine wherever I go, and it has really useful things in it like money, bandaids, drivers license, and business cards. :D
by oldfatguy
Mon Jul 06, 2020 3:48 pm
Forum: Personal Consumer Issues
Topic: Thinking of buying myself a luxury item.. Is LV wallet a legit purchase?
Replies: 153
Views: 7755

Re: Thinking of buying myself a luxury item.. Is LV wallet a legit purchase?

I had to google "LV wallet" to know what you were asking. I'm not really sure what distinguishes a luxury wallet from a regular one (does it feel different when you sit on it?), but personally I wouldn't buy a luxury item that is going to be carried inside my back pocket all the time.
by oldfatguy
Mon Jul 06, 2020 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Who has long term care insurance?
Replies: 119
Views: 6072

Re: Who has long term care insurance?

Based on all the LTCI threads I've read on this board, it seems that the only people who can afford the insurance are those who do not need it. That's MY view also! If you were able to find an affordable, good long-term care insurance policy, would you buy it? What % of income would you consider to...
by oldfatguy
Mon Jul 06, 2020 10:04 am
Forum: Personal Consumer Issues
Topic: Paying back Parents
Replies: 13
Views: 891

Re: Paying back Parents

... I still feel a great sense that I owe them something for all they did. Is that a normal feeling? Not sure if it is normal or not, but I do not experience it. Parents are responsible for raising their kids, and some are more generous than others in doing so, but I don't think children owe anythi...
by oldfatguy
Sat Jul 04, 2020 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Who has long term care insurance?
Replies: 119
Views: 6072

Re: Who has long term care insurance?

Based on all the LTCI threads I've read on this board, it seems that the only people who can afford the insurance are those who do not need it. That's MY view also! If you were able to find an affordable, good long-term care insurance policy, would you buy it? What % of income would you consider to...
by oldfatguy
Fri Jul 03, 2020 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Who has long term care insurance?
Replies: 119
Views: 6072

Re: Who has long term care insurance?

WoW2012 wrote: Fri Jul 03, 2020 12:42 pm
oldfatguy wrote: Fri Jul 03, 2020 12:38 pm Based on all the LTCI threads I've read on this board, it seems that the only people who can afford the insurance are those who do not need it.
The average premium is $200 per month.
Too rich for my blood
by oldfatguy
Fri Jul 03, 2020 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Who has long term care insurance?
Replies: 119
Views: 6072

Re: Who has long term care insurance?

Based on all the LTCI threads I've read on this board, it seems that the only people who can afford the insurance are those who do not need it.
by oldfatguy
Wed Jul 01, 2020 9:49 pm
Forum: Personal Consumer Issues
Topic: Purchasing Major Appliances from Costco
Replies: 49
Views: 19823

Re: Purchasing Major Appliances from Costco

Recently purchased a dishwasher from Costco. On sale, it was several hundred cheaper than the comparable model at Home Depot, and of course Costco includes delivery/take away, "standard" installation, and doubles the manufacturer's warranty to 2 years. Delivery and installation are third party contr...
by oldfatguy
Mon Jun 29, 2020 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Switching from W2 to 1099 contractor. Seeking advice.
Replies: 43
Views: 1883

Re: Switching from W2 to 1099 contractor. Seeking advice.

Perhaps you've already done so, but if not, make sure the new position actually meets the criteria for independent contractor work: https://www.irs.gov/newsroom/understanding-employee-vs-contractor-designation This is totally on the employer. They are the ones that are on the hook to have to defend...
by oldfatguy
Mon Jun 29, 2020 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Switching from W2 to 1099 contractor. Seeking advice.
Replies: 43
Views: 1883

Re: Switching from W2 to 1099 contractor. Seeking advice.

Perhaps you've already done so, but if not, make sure the new position actually meets the criteria for independent contractor work:
https://www.irs.gov/newsroom/understand ... esignation
by oldfatguy
Mon Jun 22, 2020 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Household Employee Tax Reporting Question for Daughter
Replies: 19
Views: 809

Re: Household Employee Tax Reporting Question for Daughter

I am paying my daughter $10/week to water the plants in this home office. How much is her hourly rate of pay? $10 per week for 15 minutes of work. Anything suspicious about that? Yes. $40 an hour to water plants does not seem like the market rate, and I doubt you would hire someone else to do it fo...
by oldfatguy
Mon Jun 22, 2020 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Household Employee Tax Reporting Question for Daughter
Replies: 19
Views: 809

Re: Household Employee Tax Reporting Question for Daughter

unclescrooge wrote: Mon Jun 22, 2020 8:04 pm

I am paying my daughter $10/week to water the plants in this home office.
How much is her hourly rate of pay?
by oldfatguy
Mon Jun 22, 2020 5:33 pm
Forum: Personal Consumer Issues
Topic: AWD van or no AWD but with winter tires?
Replies: 89
Views: 4415

Re: AWD van or no AWD but with winter tires?

How much do you tip the service tech who mounts your winter tires??
by oldfatguy
Sun Jun 21, 2020 12:27 pm
Forum: Personal Consumer Issues
Topic: Tipping Tree Trimming
Replies: 62
Views: 3270

Re: Tipping Tree Trimming

No. My tree guys almost always come when I'm not at home, so there isn't even an opportunity to tip them.

Once they charged me $200 less than the quoted price, because it didn't take as long as they expected.
by oldfatguy
Sun Jun 14, 2020 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: best way to give away a table saw
Replies: 53
Views: 3284

Re: best way to give away a table saw

Thanks for the ideas. I will look into donating to school district, friends of neighbors, etc. What is your concern about tiny cars? I don't get it. See the OP. Recipient would have to move a heavy table saw. But why is that your concern? If someone shows up and can't take it in their vehicle, then...
by oldfatguy
Sun Jun 14, 2020 3:01 pm
Forum: Personal Consumer Issues
Topic: Undergrad college list parameters.
Replies: 100
Views: 4385

Re: Undergrad college list parameters.

I am asking this question for a girl in high school. Does these parameters to make undergrad college list make sense? - US news national universities ranking. Pretty meaningless for undergrad. - Public. For cost. Maybe. Some privates can offer financial aid that brings the cost down to comparable w...
by oldfatguy
Sun Jun 14, 2020 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: best way to give away a table saw
Replies: 53
Views: 3284

Re: best way to give away a table saw

dual wrote: Sun Jun 14, 2020 2:18 pm Maybe I am overly cautious but I am concerned that someone shows up with a tiny car. How about arranging to meet at a nearby shopping center so I can size them up (maybe pun intended) before taking them to my house?
What is your concern about tiny cars? I don't get it.
by oldfatguy
Wed Jun 10, 2020 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: CPI and the Perfect Storm for Seniors
Replies: 12
Views: 923

Re: CPI and the Perfect Storm for Seniors

Here's why seniors are getting screwed by the government inflation statistics. For May, core inflation is reported as -0.1%, so that means you don't earn any interest and you probably won't get a COLA for social security. And your TIPS and I-Bonds are losers too. The cost of food at home increased ...