Search found 1213 matches

by hand
Fri Dec 14, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: ReFi...Yes or No
Replies: 15
Views: 727

Re: ReFi...Yes or No

We could sell. We have about 60k in equity, however, I’m holding out for the market to improve a little. I’d like to be able to pocket at least 50k after closing costs. I figured if I rented it out for at least a couple of years, that would pay down about an additional 30k in principal giving us th...
by hand
Thu Dec 13, 2018 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Homeowner Insurance Deductible Amount?
Replies: 13
Views: 832

Re: Homeowner Insurance Deductible Amount?

Insure only what you can't afford to lose.

If an extra $2,500 deductable ($5,000 in total) wouldn't be a hardship in the case of a disaster take advantage of the $600 / premium reduction. In all liklihood, you'll break even in just over 4 years by choosing the higher deductable and lower premium.
by hand
Fri Dec 07, 2018 8:08 am
Forum: Personal Consumer Issues
Topic: Dealing with Jeep for warranty claims. Any tips?
Replies: 16
Views: 1574

Re: Dealing with Jeep for warranty claims. Any tips?

Thanks for the follow-up!
by hand
Thu Nov 29, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: First year with financial planner managing IRA did worse than index fund, should I pull out?
Replies: 24
Views: 2076

Re: First year with financial planner managing IRA did worse than index fund, should I pull out?

I'm feeling ripped off, but realize that the performance is only after a single year, so I cannot accurately judge the long-term performance against an index fund. But I am seriously considering pulling out and putting it into FXAIX. What questions might I ask of myself or my advisor in determining...
by hand
Thu Nov 29, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Pay off Mortgage - performing mortgage
Replies: 27
Views: 2219

Re: Pay off Mortgage - performing mortgage

It has always bothered me that the option to prepay at NPV (or something discounted towards NPV) does not exist since the math should be beneficial for all parties. While the mechanical practicalities can be challenging, and obviously not worth it on a one-off basis for small loans - with the wonder...
by hand
Thu Nov 29, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: The "lure" of working from home vs getting a better job
Replies: 20
Views: 2094

Re: The "lure" of working from home vs getting a better job

Spend a couple of weeks getting up early, getting ready for work, then sitting idle in your car for 45-75 minutes before you start work at your current job. Do the same thing after work before you start "home" activities... Decide how much this takes away from your life / health ect. and how much be...
by hand
Tue Nov 27, 2018 2:56 pm
Forum: Personal Consumer Issues
Topic: How do value the cost of commuting?
Replies: 54
Views: 3430

Re: How do value the cost of commuting?

I'm struggling to see how the best case $25k gross increase (<$20k net increase after taxes / commute etc.), is worth hours of your life away from family every day, however two additional items to consider: 1) A salary increase likely isn't just for this year, but rather an increase that you realize...
by hand
Tue Nov 27, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: Dual Monitor Set up
Replies: 52
Views: 2826

Re: Dual Monitor Set up

For a dual monitor setup, similar sizes is ideal, though it is really about matching size to task - email may be fine for you on a laptop screen. When buying monitors, look for VESA compatability to allow you to easily attach to a quality dual monitor arms rather than depending on the junky desk sta...
by hand
Mon Nov 26, 2018 3:00 pm
Forum: Personal Consumer Issues
Topic: New TV Recommendations Please?
Replies: 80
Views: 5445

Re: New TV Recommendations Please?

OLed has come way down. THe LG Electronics OLED65B8PUA 65-Inch 4K Ultra HD Smart OLED TV (2018 Model) is a great TV. Its 2199 now. It was over 3k in dec 2016. Sony has entered this market as well. This is a key dynamic: Display technology changes quickly, and prices drop quickly - given a budget $X...
by hand
Thu Nov 15, 2018 2:07 pm
Forum: Personal Consumer Issues
Topic: Dealing with Jeep for warranty claims. Any tips?
Replies: 16
Views: 1574

Re: Dealing with Jeep for warranty claims. Any tips?

If it were me, I'd do everything in my power not to cross the 100k milage threshold until this issue is resolved - why give Jeep an easy out?
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: 3030

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: 72
Views: 2789

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: 1012

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: 5420

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: 1719

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: 3906

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: 6387

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: 2673

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: 6387

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: 1757

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: 1808

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: 2506

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: 36
Views: 4077

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: 32
Views: 2402

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: 1494

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: 2994

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: 3100

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: 3100

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: 1847

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: 3241

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: 909

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: 3654

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: 3241

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: 3254

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: 5699

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: 5699

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: 3930

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: 2452

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: 2452

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: 4236

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: 5654

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: 3217

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: 6168

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: 6168

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: 2745

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: 1445

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: 2522

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: 4449

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: 2572

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.