Search found 1445 matches

by rich126
Mon Jun 01, 2020 6:03 pm
Forum: Investing - Theory, News & General
Topic: Healthcare post COVID-19
Replies: 66
Views: 6109

Re: Healthcare post COVID-19

I agree with some others regarding the positives of video/teledoc type appointments. I've had one using Facetime (other option was Zoom) and another using some other system. From a patient perspective: 1. No wasted time commuting to/from the office 2. No wasted time sitting in a waiting room (more i...
by rich126
Sat May 30, 2020 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: The risks of using account aggregators (how they access your accounts).
Replies: 31
Views: 2072

Re: The risks of using account aggregators (how they access your accounts).

While I do a lot of computer work and hacking type of stuff in the past I try not to obsess over security since it is impossible to be totally safe. I have friends who avoid credit cards, online banking, etc. but at some point you have to weigh security vs. convenience. I don't view things like onli...
by rich126
Sat May 30, 2020 10:21 am
Forum: Investing - Theory, News & General
Topic: Why is the market soaring?
Replies: 35
Views: 4412

Re: Why is the market soaring?

Most of these comments must be coming from people living in another reality. Are states reopening? Yes. Are things returning to near normal? No way. Companies are laying off tens of thousands of people. Profits for most companies are dropping big time and eventually the stock will drop as well. And ...
by rich126
Fri May 29, 2020 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 1043
Views: 107123

Re: Why are you NOT buying rental properties?

I ended up with a rental SFH due to circumstances but I'm glad I don't have any rentals now. I think if you started out small and slowly add to it while maintaining a good cash flow w/o getting over leverage it can be an excellent way to make money. If you only have a single property, especially hig...
by rich126
Thu May 28, 2020 9:52 pm
Forum: Personal Consumer Issues
Topic: Mens Wrinkle Cream
Replies: 18
Views: 1356

Re: Mens Wrinkle Cream

Smoking and the sun really destroys skin. None of the creams work, if they did no one would have wrinkles. And avoid surgery since it usually makes things worse. I live in Scottsdale and you see a ton of bad cosmetic surgery.
by rich126
Wed May 27, 2020 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement Audition; House Budget; Cash Sub-Allocation Queries
Replies: 16
Views: 989

Re: Early Retirement Audition; House Budget; Cash Sub-Allocation Queries

Seems like you have plenty of money even if it means withdrawing 1-2% a year. I would note that depending on where you move to and whether you plan to do most of the moving yourself, $10K may be low and it could be more like $15-20K depending on what you do vs the movers and the distance involved.
by rich126
Wed May 27, 2020 2:53 pm
Forum: Investing - Theory, News & General
Topic: “WHEN YOU'VE WON the game, stop playing with the money you really need.”
Replies: 233
Views: 17835

Re: “WHEN YOU'VE WON the game, stop playing with the money you really need.”

If I was married/involved with someone who had anything close to my savings/assets I would be in extremely good shape. Unfortunately that isn't true so things are a bit tougher but not terrible. If we wait until 67 and get social security, the combined amount plus a small pension should cover most e...
by rich126
Wed May 27, 2020 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Increase From Current Employer after getting MBA?
Replies: 10
Views: 1068

Re: Salary Increase From Current Employer after getting MBA?

I can see something like this has a lot of possibilities. 1. Did the company pay for your MBA? If so, there is usually a payback period where if you leave you have to them back the expense (part/all). 2. Did the company recommend you get a MBA? I think this is important. I've seen some tech folks ge...
by rich126
Wed May 27, 2020 12:35 pm
Forum: Personal Consumer Issues
Topic: How can I use 6 weeks of vacation in the next 6 months in the Covid era?
Replies: 37
Views: 3254

Re: How can I use 6 weeks of vacation in the next 6 months in the Covid era?

Doesn't answer your question but I think a number of workers who haven't been forced to use vacation, are building up a bunch of vacation time since there isn't anywhere to go safely. I see mentions of road trips but that still entails use of some or all of the following: restaurants, public restroo...
by rich126
Wed May 27, 2020 12:28 pm
Forum: Investing - Theory, News & General
Topic: At what moment does retirement begin?
Replies: 68
Views: 5554

Re: At what moment does retirement begin?

... If I wanted to work, I could find a job, and so could most anyone else. Granted, it might not be exactly the job you'd hope for or have the pay you'd hope for. I'm not sure even a major handicap could force me to have that mindset, given how many job programs there are for the disabled. I am af...
by rich126
Tue May 26, 2020 6:24 pm
Forum: Personal Consumer Issues
Topic: does anyone have a subscription to youtube tv?
Replies: 88
Views: 4603

Re: does anyone have a subscription to youtube tv?

The DVR feature is interesting. Not as good as a tivo. It doesn't seem to identify recorded episodes you have watched (maybe I'm missing something obvious) so it can be hard to remember which episode you are up to (since you don't delete old episodes). Overall it is pretty nice. Some channels allow ...
by rich126
Tue May 26, 2020 2:54 pm
Forum: Personal Consumer Issues
Topic: New TVs with built-in Roku
Replies: 51
Views: 2473

Re: New TVs with built-in Roku

For years some streaming apps were built in various tvs, dvrs (tivo, verizon) and dvd players (if anyone still uses them). I've always found the streaming apps to be better from an external source (Roku, Firestick, etc.). They seem more fully featured, more reliable, etc. Personally I'd rather have ...
by rich126
Tue May 26, 2020 2:49 pm
Forum: Personal Consumer Issues
Topic: Hertz is declaring bankruptcy
Replies: 73
Views: 7361

Re: Hertz is declaring bankruptcy

1. They have too many cars and are not buying or buying very limited quantities of new cars. Pre plague; I hired a car every week over the last couple of years (and have uber status) and had several traveling stints so have used them a lot of the last decade and change... This has been obvious for ...
by rich126
Tue May 26, 2020 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: How Will Corona Virus affect the Real Estate Market ?
Replies: 53
Views: 5511

Re: How Will Corona Virus affect the Real Estate Market ?

I'd agree with the lack of inventory (for obvious reasons). Values around me in Scottsdale haven't dropped, whether that changes down the road will depend on a lot of factors. I'm one of those people that may consider selling if the virus wasn't here but have zero interest in moving right now. Espec...
by rich126
Tue May 26, 2020 9:59 am
Forum: Personal Consumer Issues
Topic: Hertz is declaring bankruptcy
Replies: 73
Views: 7361

Re: Hertz is declaring bankruptcy

CNN has a good article on rental car companies and their problems. https://www.cnn.com/2020/05/23/business/hertz-avis-budget-enterprise-covid-19-crisis/index.html 1. They have too many cars and are not buying or buying very limited quantities of new cars. 2. They are looking to sell cars. 3. People ...
by rich126
Sun May 24, 2020 6:36 pm
Forum: Personal Consumer Issues
Topic: Personal spending out of control after Covid-19
Replies: 120
Views: 9632

Re: Personal spending out of control after Covid-19

I actually have lost weight since I rarely drink at home (2 drinks in the 2 months of restaurants closing). Although I pick up food frequently when I eat at home I don't fry anything and my portions are much smaller. Have lost 7 lbs so far. Also am walking more. And it isn't as if I don't have chips...
by rich126
Sun May 24, 2020 6:32 pm
Forum: Personal Consumer Issues
Topic: Would you buy a new car without a spare tire?
Replies: 21
Views: 1013

Re: Would you buy a new car without a spare tire?

I had a Hyundai Elantra (2012) and didn't realize it didn't have a spare tire until I got a flat. It had nothing (full size or the small size spare). Afterwards I bought a spare tire (they had space for it). Calling AAA or someone is fine but sometimes that isn't practical and it can take hours for ...
by rich126
Sun May 24, 2020 3:01 pm
Forum: Investing - Theory, News & General
Topic: Can Taleb's risk mitigation strategy be implemented by retail investors (if so how)?
Replies: 27
Views: 2001

Re: Can Taleb's risk mitigation strategy be implemented by retail investors (if so how)?

The cheap time to hedge with options is when the market seems to be going good but people either don’t want to give up returns at that time or don’t believe the market will go down. Once things go bad they cost much more and you may be better just holding extra cash. When the vix is low around 10 op...
by rich126
Sat May 23, 2020 11:48 am
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11471

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

I have read some variant of this thread many, many times, but here goes. I went all cash in my retirement plans (401a,403b,457b) based on Tepper's call last Wed, that the market is the most overvalued he's ever seen except in 1999. His arguments made a lot of sense (also the bearish sentiments of D...
by rich126
Fri May 22, 2020 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: FERS Retirement vs. Resignation
Replies: 8
Views: 1039

Re: FERS Retirement vs. Resignation

I believe you are wrong with sick leave. It is added to years of service for fers retirement. I left before immediate retirement but qualify for a postponed retirement so I do get health insurance at 60. There are a lot of government jobs that have horrible management. And places I worked would be a...
by rich126
Fri May 22, 2020 3:38 pm
Forum: Personal Consumer Issues
Topic: Do you dislike recurring billing for gyms?
Replies: 68
Views: 3424

Re: Do you dislike recurring billing for gyms?

I dislike all forms of autopay. Totally agree. I do my best to avoid it but gyms give you few options. Autopay on a credit card is preferable to auto wd from my banking account. I canceled the gym when the shutdown occurred (I could cancel at any time and due to a back injury was having issues usin...
by rich126
Thu May 21, 2020 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Tax attorney weirdness
Replies: 40
Views: 3221

Re: Tax attorney weirdness

I ran into this problem as well. I'm not looking for investing advice, or someone to manage my money but wanted to pay someone for their time to review my assets and suggest things I may be overlooking from a tax perspective, especially as I get into retirement. I'm pretty clueless with taxes. The p...
by rich126
Thu May 21, 2020 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Wells Fargo - Direct Connect. Fees?
Replies: 4
Views: 374

Wells Fargo - Direct Connect. Fees?

Please no comment on Wells Fargo, I'm no fan of them either but I have accounts with them. I was wondering if I could download my transaction history, and they do provide an option, but I see the following message. Upgrade to Direct Connect and you can automatically download all your eligible accoun...
by rich126
Thu May 21, 2020 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Cancel for any reason - travel insurance
Replies: 21
Views: 1248

Re: Cancel for any reason - travel insurance

pivoprussia, I self insure on actual trip costs. On long distance trips, I'll buy medical evacuation insurance. I wonder what exceptions/changes have been made to medical evacuation insurance due to the current situation. I'd imagine either it is excluded or insurance rates have gone up. Any one kn...
by rich126
Thu May 21, 2020 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: New job / wife 33 weeks pregnant / paternity
Replies: 42
Views: 4332

Re: New job / wife 33 weeks pregnant / paternity

Personally whilst I am strong about the need for paternity leave I think in your situation it is bad form to expect your current employer to give you 4 weeks paid off and then leave them or your new employer to give you 6 weeks paid off pretty much as you start. I don't know if either is normally c...
by rich126
Thu May 21, 2020 3:12 pm
Forum: Personal Investments
Topic: Hold 50% WFC.PL and 50% in BAC.PL
Replies: 9
Views: 623

Re: Hold 50% WFC.PL and 50% in BAC.PL

I have a decent amount of WFC preferred L. First bought it ~2008 when it was under par ($1000) but I wasn't good enough to get it near its low at $300. This recent crash I did buy more back around $1100 (can't recall the exact price). I don't have any of the BAC.PL and have no understanding of how t...
by rich126
Wed May 20, 2020 10:19 pm
Forum: Investing - Theory, News & General
Topic: Best Overall Online Brokerage Account
Replies: 31
Views: 2043

Re: Best Overall Online Brokerage Account

TD Ameritrade has the thinkorswim program which runs on windows and MacOS. You can get lost in it even if you don’t trade.
by rich126
Tue May 19, 2020 2:34 am
Forum: Personal Consumer Issues
Topic: What kind of sunglasses?
Replies: 77
Views: 3908

Re: What kind of sunglasses?

Most important is 100% blockage of uva and uvb. Polarized glasses have nothing to do with safety of eyes but simply reduces glare. And darkness of lenses don’t correlate with effectiveness.

You can get them cheap or expensive.
by rich126
Mon May 18, 2020 9:54 pm
Forum: Personal Consumer Issues
Topic: Vault Safe in the attic; welded, anyone ?
Replies: 78
Views: 4043

Re: Vault Safe in the attic; welded, anyone ?

Seems pointless to me. It is easy to make copies (hard copy and scanned) of documents and store them in multiple places. Even in this "crisis" having a lot of cash on hand wasn't important. If things get to the point where you need gold coins and bars, there are bigger problems in the world and you'...
by rich126
Sat May 16, 2020 11:00 pm
Forum: Personal Consumer Issues
Topic: How did you feel after giving notice to retire?
Replies: 52
Views: 4299

Re: How did you feel after giving notice to retire?

This will depend on the person. Some people’s lives are tied to their job. Some have no social life outside of work. Others enjoy work. And manyother situations. The only way I would continue is if I could work from home and not full time. Almost as a hourly contractor. For many the commute can be t...
by rich126
Sat May 16, 2020 10:37 pm
Forum: Personal Investments
Topic: TDA Bonus Offer (Real) ?
Replies: 3
Views: 525

Re: TDA Bonus Offer (Real) ?

Call or send them a message. Someone calls me to see if I need anything and when I asked a fewweeks ago there were various bonuses offered. I’ve held off because I was just short of a $250,000 level for a higher bonus. Although I don’t like to have too much with any one account but not sure what oth...
by rich126
Sat May 16, 2020 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Income about to be halved - what do we do?
Replies: 62
Views: 7702

Re: Income about to be halved - what do we do?

This is in NO WAY a criticism of the OP but ... this is a case study for the merits of being debt-free. This (hopefully temporary) situation would look far different with an increased cash flow. Multiply that reality by millions of folks currently facing tough decisions. Remember this next time a "...
by rich126
Sat May 16, 2020 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Fraudulent charges... Getting really tired of the number of times this happens and resulting hassle.
Replies: 70
Views: 6015

Re: Fraudulent charges... Getting really tired of the number of times this happens and resulting hassle.

This seems to run in streaks and is often just a random thing (in most cases). Sometimes someone will try to use a fraudulent card at a gas station for a small purchase to see if it gets approved. If so then they do a bigger purchase. Often someone has a number but have to guess at the zip code and ...
by rich126
Fri May 15, 2020 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home - low ball negotiation
Replies: 145
Views: 12076

Re: Selling home - low ball negotiation

Every negotiation is different. Some have fixed numbers, some leave deals based on principle, etc. Last and final offer can often just be another tactic. I’ve said no and they upped the offer. Often finding a home is a pain and once someone does they will eventually agree to a price. There are some ...
by rich126
Thu May 14, 2020 11:08 pm
Forum: Investing - Theory, News & General
Topic: Healthcare post COVID-19
Replies: 66
Views: 6109

Re: Healthcare post COVID-19

A question would be how this will affect future employment opportunities. Will many people leave healthcare due to their experiences? Does it identify shortages or excesses in certain areas? Are insurance companies losing money and if so will it triggers higher payments, lower payments to doctors? L...
by rich126
Thu May 14, 2020 11:25 am
Forum: Personal Consumer Issues
Topic: How to look for a good Primary Care Physician (PCP), and no price transparency...
Replies: 35
Views: 2063

Re: How to look for a good Primary Care Physician (PCP), and no price transparency...

Anyway... I need to get a Primary Care Physician (PCP) ASAP... and I never had a PCP before. I don't like doctors and have stopped seeing them since 2013. But I need a PCP to manage ongoing health conditions. I also don't like going to doctors and was fortunate to avoid doctors (other than dental/e...
by rich126
Thu May 14, 2020 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Turning 30. Living 30s without regrets
Replies: 87
Views: 9461

Re: Turning 30. Living 30s without regrets

I'll say what most people who are in their 50s+ realize. 1. Life goes too fast. I'm 57 and it felt like yesterday I started my first full time job and grew up with a bunch of guys several of which I'm close to even now. And sadly one of them, 58, passed away this month. Very preventable IMO (routine...
by rich126
Wed May 13, 2020 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Does Delaying Social Security Deliver an 8% Return?
Replies: 92
Views: 7440

Re: Does Delaying Social Security Deliver an 8% Return?

There are no easy answers. I suppose if you have more than enough money, it doesn't hurt your living style to delay it, but you may end up never making the money back depending on how long you live. I know a number of people who probably don't need it but will take it as soon as possible. Depending ...
by rich126
Wed May 13, 2020 1:19 pm
Forum: Personal Consumer Issues
Topic: Wink moving to subscription platform. Hub will no longer work.
Replies: 18
Views: 1466

Re: light bulbs are cheap

You have light bulbs that claim to last "X" years but does anyone actually date them and then try to get their money back? Probably not 99% of the customers. Why would you when LED light bulbs cost $1.40 each? They certainly weren't $2 or less when they were first for sale. I recall much higher pri...
by rich126
Wed May 13, 2020 1:18 pm
Forum: Investing - Theory, News & General
Topic: Is Warren Buffett's investing approach outdated?
Replies: 16
Views: 1408

Re: Is Warren Buffett's investing approach outdated?

I originally bought it a while ago due to his track record and due to his ability to invest in things I could not (either from a lack of understanding or opportunities/access he has that I don't have). While long term it may be fine I've gotten concerned over the last few years with investments I di...
by rich126
Tue May 12, 2020 10:55 am
Forum: Personal Consumer Issues
Topic: Wink moving to subscription platform. Hub will no longer work.
Replies: 18
Views: 1466

Re: Wink moving to subscription platform. Hub will no longer work.

Doesn't help you, but this is exactly why I avoided switches and other smart home items that require a hub. My smart dimmers are from Meross, and I chose them because they join Wifi without a hub, and interface directly with Alexa. Echo Plus does look like it should work for you, so I would definit...
by rich126
Mon May 11, 2020 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Amex platinum card - $20 streaming and wireless provider credit
Replies: 30
Views: 2424

Re: Amex platinum card - $20 streaming and wireless provider credit

I use one card for netflix and another for a different service. In my case the credit posted right away. Still planning to cancel some ccs but this helps some.
by rich126
Mon May 11, 2020 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: What age do you use for retirement end date?
Replies: 68
Views: 4101

Re: What age do you use for retirement end date?

Unless you know the future, it is impossible. If you use 100, well, the reality is that few actually make it that far and you will leave a lot of money unspent. If you use 80, well, you might run out of money. My friend, sadly passed away at 58. He managed to enjoy about 2 years of retirement. That ...
by rich126
Mon May 11, 2020 12:28 am
Forum: Personal Finance (Not Investing)
Topic: post covid 19 office work - was coronavirus a game changer for telecommunting?
Replies: 48
Views: 3672

Re: post covid 19 office work - was coronavirus a game changer for telecommunting?

It hasn't been a game-changer in the case of my wife or myself. Although we (and our teams) have actually been more productive in the last 2+ months with WFH, that hasn't been the case for all employees/departments and that has been very evident to the c-suite. Despite there being no logical reason...
by rich126
Mon May 11, 2020 12:22 am
Forum: Investing - Theory, News & General
Topic: As new jobless claims rise so does the stock market
Replies: 13
Views: 1938

Re: As new jobless claims rise so does the stock market

I think the market is being very optimistic. As an investor my view would be if you are young and have a lot of earning years left, then don't worry about it, if you are older, I'd be more concern of a big drop than missing out on gains. The odds of cases increasing as states open up are high and i...
by rich126
Mon May 11, 2020 12:19 am
Forum: Personal Finance (Not Investing)
Topic: Retirement due to COVID 19 ?
Replies: 82
Views: 6200

Re: Retirement due to COVID 19 ?

Obviously it is a personal decision. Even for people that may want to work longer or save more before retiring, retirement may be the best choice if you feel the risk is high. Or put another way, retirement with 90% of what you what is preferable to continue working, getting sick and possibly not ma...
by rich126
Sat May 09, 2020 6:50 pm
Forum: Personal Consumer Issues
Topic: Advice on buying a house with leaky roof (fixed ~1 week ago)
Replies: 34
Views: 2389

Re: Advice on buying a house with leaky roof (fixed ~1 week ago)

For me water issues are the worst. Roof leaks are often difficult to find. I’ve been haunted by basements flooding, roof issues and even in AZ had 2 bedrooms flooded because a landscape guy forgot to turn off water. I once put in an offer on a house but when I revisited during a rain storm I saw a m...
by rich126
Sat May 09, 2020 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing not to correct all billing/financial errors
Replies: 68
Views: 4594

Re: Choosing not to correct all billing/financial errors

I forgot to mention one thing that sounded serious but I gave up and it has never occurred again. About 12 years ago I tried to open an account with the credit union at work just for convenience but was denied. They claimed my ss# was being used by someone else but refused to provide any evidence or...
by rich126
Sat May 09, 2020 1:40 am
Forum: Personal Finance (Not Investing)
Topic: Choosing not to correct all billing/financial errors
Replies: 68
Views: 4594

Re: Choosing not to correct all billing/financial errors

Do you deliberately just let some things go because the dollar amounts involved are too small? I dedicate one day a month (not the whole part of the day but still it takes up a good part of my time) to doing bills, and yesterday I found myself doing things like ... chatting with Ebay to tell them t...
by rich126
Fri May 08, 2020 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Will? Digital info
Replies: 7
Views: 508

Re: Will? Digital info

Thanks for the comments.

I'll check out some of the links.