Search found 1203 matches

by hand
Mon Nov 12, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Regrets from canceling whole life insurance policy - anyone out there?
Replies: 27
Views: 2799

Re: Regrets from canceling whole life insurance policy - anyone out there?

Isn't this a classic example of suviorship bias? The people most likely to be "happy" not cancelling a whole life insurance policy are dead, and therefore unlikely to respond!
by hand
Mon Nov 12, 2018 10:03 am
Forum: Personal Consumer Issues
Topic: How long have you had, or did you have, your HP-12C calculator?
Replies: 44
Views: 1258

Re: How long have you had, or did you have, your HP-12C calculator?

About a decade... my boss in my first real financial job had one and opened my eyes to its wonders as both a tool and a signalling device (all the cool kids had one!) Also guarded jealously - my copy of "An Easy Course in Using the HP 12C and Other HP Financial Calculators" which is an incredible in...
by hand
Thu Nov 08, 2018 10:40 am
Forum: Personal Consumer Issues
Topic: Best LSAT course?
Replies: 20
Views: 973

Re: Best LSAT course?

I suggest going with PowerScore. Their instructors have scored in the 99th percentile for the LSAT to be a teacher. For comparison, Kaplan only requires 90th percentile. With the instructors to have received such a high score, they have a solid understanding of the test and can provide the tricks a...
by hand
Tue Nov 06, 2018 11:38 am
Forum: Personal Consumer Issues
Topic: Car rentals, what is the catch?
Replies: 46
Views: 5314

Re: Car rentals, what is the catch?

Note that there are structural reasons for car rental prices in vacation destinations such as Florida to be absurdly low in the off season. In simple terms, rental car places load up on inventory to supply the peak, and have lots and lots (pun intended) of cars sitting idle off season. $6/ day (plus...
by hand
Tue Nov 06, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: USAA credit card
Replies: 22
Views: 1662

Re: USAA credit card

Trism wrote:
Tue Nov 06, 2018 9:06 am
Ask yourself a different question: "Is this the best rewards card I can get?"

My wager is, "Not even close."
Is this always the case? I thought USAA's 2.5% cash back on everything was pretty competitive for those who have it, even if no longer available to new users...
by hand
Fri Nov 02, 2018 8:10 am
Forum: Personal Consumer Issues
Topic: When to get a new toilet?
Replies: 52
Views: 3811

Re: When to get a new toilet?

I would replace the water supply hose every 10 years and the shut off valve if it doesn't turn. A leaking hose can cause $100K in damage these days. Yes it is insured but it is a huge hassle especially for a distant landlord. If you have the old copper flex tubing or the one piece valve/tube replac...
by hand
Thu Nov 01, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Is an MBA worth it these days?
Replies: 53
Views: 6257

Re: Is an MBA worth it these days?

Once you consider forgone salary, $250+k for a top MBA is daunting, perhaps much lower tuition and no loss of salary at a part time program will still get you where you want to go. Holy grail of this approach is finding an employer who offers tuition benefits while you go to school at night. UT's M...
by hand
Thu Nov 01, 2018 6:21 am
Forum: Personal Finance (Not Investing)
Topic: Selling House Directly to Buyer
Replies: 28
Views: 2637

Re: Selling House Directly to Buyer

Absolutely give it a go if you are comfortable valuing your house and you are certain that your associate is sufficently knowledgabe and able to fully advocate for their own position - it would be a shame to lose a relationship over a business deal. Hardest part of a real estate transaction is match...
by hand
Thu Nov 01, 2018 6:10 am
Forum: Personal Finance (Not Investing)
Topic: Is an MBA worth it these days?
Replies: 53
Views: 6257

Re: Is an MBA worth it these days?

I have networked quite a bit and repeatedly get told I need an MBA or finance degree to really be taken seriously. I am daunted by the cost of an MBA from a recognized school like SMU, UT, Rice, etc...so my major question remains, is an MBA worth it? Is it a commodity these days for people early in...
by hand
Fri Oct 26, 2018 11:59 am
Forum: Personal Consumer Issues
Topic: "Donating" unused family burial "spots"
Replies: 21
Views: 1736

Re: "Donating" unused family burial "spots"

The public cemetery near us has a few grave sites that were donated with the stipulation that the burial be “indigent” persons. Burials and funerals are important for family closure. Interestingly families who are not well off often have purchased graves for family members. One grave site is in les...
by hand
Thu Oct 25, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: When is moonlighting not moonlighting?
Replies: 22
Views: 1777

Re: When is moonlighting not moonlighting?

I can't help but think of the sucessfull co-marketing of waffles and icecream at the World's fair that brought us the ice cream cone. No way to do this ethically (or contractually) without clearing it with Company A, but if this is really a benefit to your customers and Company A and Company B, perh...
by hand
Wed Oct 24, 2018 11:43 am
Forum: Personal Consumer Issues
Topic: 911 calls from different area
Replies: 28
Views: 2462

Re: 911 calls from different area

Your landline if applicable will call and give your exact location as the caller as long as your address is up to date in your service providers account and direct you to that dispatcher. If you call from a cell phone you will get directed to the dispatcher closest to the cell tower in which your p...
by hand
Mon Oct 22, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Retire now or in the Spring. - changing work conditions
Replies: 35
Views: 3640

Re: Retire now or in the Spring. - changing work conditions

I'm in the camp that says with 65x expenses you should retire rather than take on any additional stress, though I agree with the suggestions that it may be worth discussing with your employer to determine whether there is a mutually beneficial way forward. Think of it this way - you currently have 6...
by hand
Mon Oct 22, 2018 7:10 am
Forum: Personal Consumer Issues
Topic: Headlamp for dog walking
Replies: 30
Views: 2095

Re: Headlamp for dog walking

Zebralight is worth the premium if you use the light very frequently, but not everyone needs that caliber of light. They're known for being reliable, lightweight, efficient, and versatile, but also have a somewhat complicated user interface. The H53 is the most recent AA model. Most users like the ...
by hand
Fri Oct 19, 2018 8:13 am
Forum: Personal Consumer Issues
Topic: To replace old Volvo
Replies: 35
Views: 1456

Re: To replace old Volvo

I'd echo the points made above regarding newer cars with advanced safety features. For an older driver / someone focused on around town driving, I would expect that features like automated emergency braking would make the biggest difference in both personal and other people's safety. "In 2012, one-t...
by hand
Wed Oct 17, 2018 4:15 pm
Forum: Personal Consumer Issues
Topic: unlicensed repair guy possibly spent our material deposit
Replies: 25
Views: 2949

Re: unlicensed repair guy possibly spent our material deposit

You can't get blood from a stone - if he is truly willing, but can't come up with $2k for the supplies, you'll never recover anything. Best bet is to get him started on work that dosen't require supplies valued as close to $2k as possible, then refuse to pay until he delivers the supplies, or simply...
by hand
Wed Oct 17, 2018 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Too good to be true; what am I missing?
Replies: 17
Views: 3082

Re: Too good to be true; what am I missing?

Under what conditions it the loan callable /are your investments forcably sold? What are the additional fees on your M1 investment vs a low cost provider? If purpose of your investment with M1 is to access the margin loan, these fees (on the total balance) should be thought of as an additional cost...
by hand
Wed Oct 17, 2018 6:09 am
Forum: Personal Finance (Not Investing)
Topic: Too good to be true; what am I missing?
Replies: 17
Views: 3082

Re: Too good to be true; what am I missing?

Under what conditions it the loan callable /are your investments forcably sold? What are the additional fees on your M1 investment vs a low cost provider? If purpose of your investment with M1 is to access the margin loan, these fees (on the total balance) should be thought of as an additional cost ...
by hand
Mon Oct 15, 2018 9:38 am
Forum: Personal Consumer Issues
Topic: Buyers commission on a condo purchase
Replies: 29
Views: 1820

Re: Buyers commission on a condo purchase

It is not uncommon for a buyer's agent to have the buyer sign paperwork guarenteeing a minimum comission on a purchase. There are some positives to this - the agent is equally incented to show properties with low / no comission as they are to show standard comission properties (though the financial ...
by hand
Sat Oct 13, 2018 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Home Purchase - Sellers Request Help with Repairs
Replies: 69
Views: 3189

Re: Home Purchase - Sellers Request Help with Repairs

More details please - what is the house worth? - comps? - what did you negotiate for the offer they accepted (price wise)? What year was the house built? They were asking $399k. We settled on $392 + 1% at closing. Comps are pretty much in the 400-450k range for the area. VA Appraisal came in at $42...
by hand
Fri Oct 12, 2018 12:10 pm
Forum: Personal Consumer Issues
Topic: Add-on Hot water Heat pump
Replies: 12
Views: 889

Re: Add-on Hot water Heat pump

earlyout wrote:
Fri Oct 12, 2018 11:22 am
What's the purpose of the heat pump? Wouldn't they have to be almost 100% efficient to save any energy?
Because heat pumps move heat rather than creating heat, they can be more than 100% efficient (e.g. they add more heat than they consume) allowing for significant savings vs. resistance heat.
by hand
Fri Oct 12, 2018 9:21 am
Forum: Investing - Help with Personal Investments
Topic: anybody sell I Bonds to buy something else?
Replies: 38
Views: 3589

Re: anybody sell I Bonds to buy something else?

VictoriaF wrote:
Wed Oct 10, 2018 11:05 am
You don't buy I Bonds for their earnings. You buy them for protection from inflation.

Victoria
And protection from deflation!
by hand
Fri Oct 12, 2018 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Home Purchase - Sellers Request Help with Repairs
Replies: 69
Views: 3189

Re: Home Purchase - Sellers Request Help with Repairs

Based on a lot of the responses I don't know how half these folks ever found a house that satisfied them. :shock: The bottom line, once they signed the agreement closing the Inspection Contingency you are under no obligation to contribute to the new system. But... to ensure a quality job, if this i...
by hand
Fri Oct 12, 2018 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Should we rent a car or take our low mileage 2006 Volvo on a family trip?
Replies: 49
Views: 3235

Re: Should we rent a car or take our low mileage 2006 Volvo on a family trip?

Not worth playing the rental car lottery over the holidays if you can help it unless you have some sort of "status" at the rental company and a rental location with a high volume of the types of cars you're looking for. Rental car companies are notorious for: 1) Not having your car ready when you go...
by hand
Thu Oct 11, 2018 9:35 am
Forum: Personal Consumer Issues
Topic: Keep a backup hot water heater?
Replies: 104
Views: 5592

Re: Keep a backup hot water heater?

And... in response to the original question. Use the time to figure out exactly what water heater(s) are best fit for your current and future needs. (Consider whether a single high recovery rate water heater might meet your needs). Buy a replacement water heater when you can get a good deal on exact...
by hand
Thu Oct 11, 2018 9:25 am
Forum: Personal Consumer Issues
Topic: Keep a backup hot water heater?
Replies: 104
Views: 5592

Re: Keep a backup hot water heater?

If it fails order a replacement and heat water on the stove for sponge baths and wash your clothes in cold water until it's installed, or just wear different clothes. Sounds rough but you will survive. Also "hot water heater" is a redundant misnomer. Why would you have a device to heat water that's...
by hand
Fri Oct 05, 2018 7:05 am
Forum: Personal Consumer Issues
Topic: Tackling Disney World - Discount on tickets?
Replies: 65
Views: 3834

Re: Tackling Disney World

Magic Express from airport works well, though with all thing Disney, there's the promise of a hassle-free trip from the airport, and the reality of waiting, and waiting, and waiting as the bus drops passengers off at the high end properties, mid tier, then bottom tier. With small kids you have a hug...
by hand
Thu Oct 04, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Tesla Class Action Lawsuit..... Should I Join ?
Replies: 18
Views: 2415

Re: Tesla Class Action Lawsuit..... Should I Join ?

At this point, we have three guesses to actual recovery if you participate: My SWAG at 25% / $875, David Jay's SWAG of 20% David Jay's cynical forecast of a $50 coupon for next Tesla purchase Would be interesting if we opened this up to other guesses and then you filled out the paperwork and updated...
by hand
Thu Oct 04, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Tesla Class Action Lawsuit..... Should I Join ?
Replies: 18
Views: 2415

Re: Tesla Class Action Lawsuit..... Should I Join ?

This is a process designed to punish wrongdoers and enrich lawers, not to make you whole. Actual math for recognized loss will be published, and you'll recieve a portion of the recognized loss after fees and dependent on how many class members submit proper paperwork. If your recognized loss and exp...
by hand
Wed Oct 03, 2018 1:32 pm
Forum: Personal Consumer Issues
Topic: Humidity in basement
Replies: 65
Views: 4202

Re: Correlation between temperature, humidty and mold in crawl space?

I found this interesting table online showing the relationship between temperature, relative humidity and risk of mold. https://energyhandyman.com/wp-content/uploads/2012/05/TEMP-RH-and-MOLD-Charts.jpg As an example, a crawl space with 75 degrees F temperature and 65% RH has no risk for mold. No cl...
by hand
Wed Oct 03, 2018 9:16 am
Forum: Personal Consumer Issues
Topic: Landlord wants to raise rent, but is asking if he can?
Replies: 54
Views: 5556

Re: Landlord wants to raise rent, but is asking if he can?

In that case, focus not on the 2.5% (which basically keeps it in equal-dollars after adjusting for a year of inflation), but rather on the x% the landlord is missing out vs market rate, which you get to keep. For the landlord, they get to keep a good tenant. You, on the other hand, are avoiding the...
by hand
Sun Sep 30, 2018 7:33 pm
Forum: Personal Consumer Issues
Topic: Anyone ordered a vehicle through a dealership?
Replies: 40
Views: 3168

Re: Anyone ordered a vehicle through a dealership?

Dealers trade cars all the time. Tell your prefered dealer what you want, and how much you're willing to pay and let them find a way to deliver to your needs. If they can't expand your search.
by hand
Thu Sep 27, 2018 10:14 am
Forum: Personal Consumer Issues
Topic: Oil change interval for low-mileage vehicles
Replies: 89
Views: 6074

Re: Oil change interval for low-mileage vehicles

For mass market cars, these experts are undoubtedly focused on 1) best chance of getting to the end of the warrenty period (where manufacturer's liabilty ends I don't agree with this at all. The marketplace demands reliability in modern cars. Consumers expect mainstream vehicles to last 100,000+ mi...
by hand
Wed Sep 26, 2018 12:25 pm
Forum: Personal Consumer Issues
Topic: Oil change interval for low-mileage vehicles
Replies: 89
Views: 6074

Re: Oil change interval for low-mileage vehicles

It says to change the oil every 5000 files or six months. If the manual says to change the oil every six months, then you should change the oil every six months. Ford spends huge sums of money on research & development, testing, quality assurance, ect. They subject engines to all manner of testing ...
by hand
Tue Sep 18, 2018 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Facing Retirement at year end
Replies: 22
Views: 2739

Re: Facing Retirement at year end

Wife hopes she is done and I agree. She will draw $29K/yr social security at 66. Not sure why taking SS at 66 is presented as a given - delaying social security (i.e. waiting until max benefit) can substantially reduce risk later in retirement. SS withdrawal strategy should be a question answered b...
by hand
Mon Sep 17, 2018 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: New Job 1 year 401k wait, advice?
Replies: 12
Views: 1437

Re: New Job 1 year 401k wait, advice?

Look into backdoor Roth (taxable IRA contribution converted into a Roth IRA) as a way to contribute $11k / yr for you and your wife (though dependent on basis of existing IRAs, if any). If you do have IRAs with a basis, perhaps from the roll-over of your legacy 401(k), consider using some of the $30...
by hand
Sat Sep 15, 2018 3:51 pm
Forum: Personal Consumer Issues
Topic: Rain Jacket recommendations and care
Replies: 32
Views: 2500

Re: Rain Jacket recommendations and care

Patagonia Torrentshell Jacket - lightweight and often goes on sale on their website, and likely in stores.
by hand
Thu Sep 13, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Cash on hand for emergencies
Replies: 43
Views: 4414

Re: Cash on hand for emergencies

AlohaJoe wrote:
Tue Oct 03, 2017 8:59 am

I live in a third world country. (Except they're not called that anymore.)
Ordinally challenged?
by hand
Fri Sep 07, 2018 10:46 am
Forum: Personal Consumer Issues
Topic: Certified Pre-Owned Cars (CPO): Is this normal?
Replies: 30
Views: 2545

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

You got scammed - don't feel bad, it is in the used car dealer's job description.

You do however have a responsibility to yourself and to others to fight back.
by hand
Thu Sep 06, 2018 1:33 pm
Forum: Personal Consumer Issues
Topic: Need Help, Dummy Buying A Car!
Replies: 21
Views: 1373

Re: Need Help, Dummy Buying A Car!

Do you have any flexibility in budget? While there are certaintly plenty of servicable cars in your price range, there are also a large number of dogs and you risk a false economy of cheaping out on something you are going to have to depend on since maintenece and repairs of a used car could easily ...
by hand
Wed Sep 05, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: Short Sale Purchasing [property]
Replies: 17
Views: 1390

Re: Short Sale Purchasing

Hi, I'm in process of purchasing a short sale. I put an offer - and that was accepted by the seller, and passed on to the seller's lender. The Seller's lender performed an appraisal, and it seems that their appraisal came back so high, that the lowest they may allow the sale is still higher than my...
by hand
Sat Sep 01, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Responding to IRS CP2000 notice for backdoor Roth - new 8606 or not?
Replies: 31
Views: 2032

Re: Responding to IRS CP2000 notice for backdoor Roth - new 8606 or not?

Try calling the number in the letter first to explain what was intended. I recieved a similar letter, and after a bit of a wait on hold, the agent I spoke to was able to easily understand the intended conversion (Backdoor Roth) and see that while proper paperwork had been filed, IRS had misunderstoo...
by hand
Tue Aug 21, 2018 4:43 pm
Forum: Personal Consumer Issues
Topic: Good Non-Boring Boglehead Cars Under $30k
Replies: 247
Views: 16785

Re: Good Non-Boring Boglehead Cars Under $30k

It feels like providing input on a couple additional dimensions could help you / respondants narrow down the choices: 1) Highway, Backroads or city driving? 2) Is this a daily commuter which will have to absorb lots of miles, or a weekend garage queen? 3) Do you care about ongoing costs (maintenance...
by hand
Thu Aug 09, 2018 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Landlord advice needed with section 8
Replies: 38
Views: 3837

Re: Landlord advice needed with section 8

Several hundred rental units over many decades. 1. Don't rent to Section 8. (or other subsidized type of arrangement). 2. Be patient and rent to the best non-Section 8 tenants that are available. Without exception. 3. Know the landlord tenant code and all local codes and laws (state/fed/county/etc)...
by hand
Tue Aug 07, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord advice needed with section 8
Replies: 38
Views: 3837

Re: Landlord advice needed with section 8

Tax Question: If you are demonstrably below market due to the Section 8 moratorium, does the difference count as a charitable donation? (I suspect not, but perhaps?) Contrary Opinion: If you are currently renting to Section 8 tenants, your perspective tenant pool (even at market) is likely challengi...
by hand
Tue Aug 07, 2018 10:52 am
Forum: Personal Consumer Issues
Topic: Selling a used car
Replies: 49
Views: 2192

Re: Selling a used car

Here is a crazy idea, raise the price. A lot of people won't even consider a car under a certain price. Get a bunch of good pics, raise the price to $2,200, and let the future buyer feel like they are getting a great deal when they get it for $1,400! I used this tactic (increasing price) sucessfull...
by hand
Mon Jul 30, 2018 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Accidental Death & Dismemberment Insurance
Replies: 27
Views: 2185

Re: Accidental Death & Dismemberment Insurance

I heard it costs an arm and a leg...
by hand
Mon Jul 30, 2018 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Buying new houses
Replies: 5
Views: 620

Re: Buying new houses

New houses run the gamut from custom built highest quality, to tract built minimum code (less anything they can get away with.) Newer houses are more likely to have nice features such as higher efficiency appliances, modern floor plans and wiring for internet and home theater, but it is really easy ...
by hand
Mon Jul 30, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Any reason a building should not consent to a condo buyer using a family mortgage?
Replies: 19
Views: 1912

Re: Any reason a building should not consent to a condo buyer using a family mortgage?

Is the condo association doing separate financial due diligence on the buyer? If not, I could imagine a situation where a non-arms length relationship between buyer and lender allows someone who is not qualified enough for a bank loan to buy into the building. This could increase chance of default ...