Search found 263 matches

by Cody6136
Tue Aug 20, 2019 12:58 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 306
Views: 45376

Re: Anyone disenchanted with retirement?

This post is not for me. I still have over 2 decades to retire. Only wanted to get something out. I am sick of the rat race! I want to get out of it as soon as possible! My job is not stressful, commuting is relatively short, my boss is nice, I work on spreadsheets and I love spreadsheets! But man,...
by Cody6136
Wed Aug 14, 2019 5:24 pm
Forum: Personal Consumer Issues
Topic: Dishwasher Fiasco
Replies: 52
Views: 3412

Re: Dishwasher Fiasco

Indeed. This was the case for me -- a slow but steady leak from a badly installed DW ...ruined hardwood floor, leaked into crawl space, black mold. Now THAT was a DW Fiasco. Perhaps the band's greatest hits -- all in the comfort of my home. Sometimes calling someone makes sense in the LONG run. How...
by Cody6136
Wed Aug 14, 2019 5:21 pm
Forum: Personal Investments
Topic: TIAA Retirement Planning
Replies: 13
Views: 874

Re: TIAA Retirement Planning

The excellent TIAA Traditional annuity is a better choice for fixed income than the CREF bond market fund. It will probably return more in the long run, and it will certainly be less volatile. Another advantage of the Traditional account is that you can annuitize it when you retire. TIAA's forte is...
by Cody6136
Wed Aug 14, 2019 5:08 pm
Forum: Personal Consumer Issues
Topic: Dishwasher Fiasco
Replies: 52
Views: 3412

Re: Dishwasher Fiasco

I've also heard that dishwasher installers will not install if there is any sign of rotten wood under the old dishwasher, the kind you might find if there was a leak in the old unit. Quite common, I think. If you're having an electrician out to remove the old unit and install an outlet, you might w...
by Cody6136
Tue Aug 13, 2019 4:10 pm
Forum: Investing - Theory, News & General
Topic: this time it's different
Replies: 92
Views: 10691

Re: this time it's different

I gave up trying to predict the future years ago. I'm a month away from turning 69 and I started investing in the mid-60s. Here's what I've learned about the economy. We'll find out when it happens and there probably won't be much if any warning. It's sort of like watching a herd of cattle or horse...
by Cody6136
Tue Aug 13, 2019 11:39 am
Forum: Personal Consumer Issues
Topic: Critique my exercise routine because it's not working for me
Replies: 160
Views: 9667

Re: Critique my exercise routine because it's not working for me

[q [/quote] As others have mentioned, food intake is huge. It's not just about calories - what you eat (and when) impacts what you burn. [/quote] Thank you! The simplistic math of calories in and calories out is now recognized as a meaningless simplification. Only in a bomb calorimeter is this a rea...
by Cody6136
Tue Aug 13, 2019 11:29 am
Forum: Personal Consumer Issues
Topic: Is "My Social Security" online worth signing up for
Replies: 31
Views: 2865

Re: Is "My Social Security" online worth signing up for

I don't know if this is credible or not, but I have been told several times that : If you don't register online, there is a high chance that identity thieves will do it for you. So I did, and I'm urging others to do the same. Is that something also the young folk should do or does signing up only m...
by Cody6136
Mon Aug 12, 2019 11:13 am
Forum: Personal Consumer Issues
Topic: Is "My Social Security" online worth signing up for
Replies: 31
Views: 2865

Re: Is "My Social Security" online worth signing up for

I don't know if this is credible or not, but I have been told several times that :

If you don't register online, there is a high chance that identity thieves will do it for you.

So I did, and I'm urging others to do the same.
by Cody6136
Mon Jul 29, 2019 12:55 pm
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 183
Views: 19789

Re: Do you buy new or used cars?

I buy used cars, pay cash and drive them into the ground
by Cody6136
Wed Jul 24, 2019 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Feel like we are spinning our wheels (financially speaking). How far behind are we?!
Replies: 63
Views: 6788

Re: Feel like we are spinning our wheels (financially speaking). How far behind are we?!

Listen to Alec. My first and only home we bought in our late 30’s just before housing really took a nose dive. The sellers left us with a cast iron sewer pipe that looked like it was about to go and I even made the point to the home inspector only to be told if it’s not leaking at time of inspectio...
by Cody6136
Tue Jul 23, 2019 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Explaining the magic of compound interest to teenagers
Replies: 107
Views: 6328

Re: Explaining the magic of compound interest to teenagers

livesoft wrote:
Thu Jul 18, 2019 9:01 am
Whatever you do, do not use the word "magic" because it is not magic. It is math.
Indeed! This is like saying the magic of gravity.
by Cody6136
Tue Jul 23, 2019 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: New job at 59....scared but excited but questions
Replies: 11
Views: 1352

Re: New job at 59....scared but excited but questions

If you are taking it for money, you have to do the risk premium calculation. You are trading risk for $18K. However, I have no idea how much you make or what your current financial situation is. If the math makes sense, cool. If the job sounds fun and you don't care about the math, cool. If the mat...
by Cody6136
Tue Jul 23, 2019 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: New job at 59....scared but excited but questions
Replies: 11
Views: 1352

Re: New job at 59....scared but excited but questions

Sandtrap wrote:
Tue Jul 23, 2019 12:07 pm
Age 59

When were you planning to retire?

Financially, on the present course, when are you "able" to retire?

j
TBH....never.

Or....65.
by Cody6136
Tue Jul 23, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: New job at 59....scared but excited but questions
Replies: 11
Views: 1352

Re: New job at 59....scared but excited but questions

These are just the kinds of answers that I was hoping for. I clearly have questions to answer. I'm meeting with the leadership team, and I've got a few outstanding issues. Thanks to you all, I have a few more. I'm not rich by any means, but set up pretty well for retirement now. I live WELL below my...
by Cody6136
Tue Jul 23, 2019 9:53 am
Forum: Personal Finance (Not Investing)
Topic: New job at 59....scared but excited but questions
Replies: 11
Views: 1352

New job at 59....scared but excited but questions

Hi all, Not exactly a finance question, but still, looking for some reactions from the BH world. I am in a job that's the doldrums. Been here 4 years. I have an offer on the table that's a MUCH better portfolio of work, better salary by about 15-18k but light on the benefits side. Offer: Healthcare ...
by Cody6136
Thu Jul 18, 2019 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Harrassed at work, what steps to take to protect her future employment
Replies: 93
Views: 8686

Re: Harrassed at work, what steps to take to protect her future employment

Kenkat wrote:
Thu Jul 18, 2019 10:41 am
and let them try to fire her; set the village on fire on the way out if necessary (they’ve already fired the first shot it seems)
3
What could "set the village on fire" possibly mean and how would this benefit anyone?
by Cody6136
Tue Jul 16, 2019 2:54 pm
Forum: Personal Consumer Issues
Topic: Car Rental in Europe--specifically Sicily
Replies: 27
Views: 1569

Re: Car Rental in Europe--specifically Sicily

According to Rick Steves, whatever liability insurance they offer, take it. Also in Italy you are supposed to have an international drivers license. He said he has never been asked for his, but if they do ask you need to be able to present it. You can obtain one at any AAA office for about $25. The...
by Cody6136
Fri Jul 12, 2019 10:40 am
Forum: Personal Consumer Issues
Topic: Sending an eCard For Birthday
Replies: 12
Views: 1153

Re: Sending an eCard For Birthday

I'm trying to send an eCard for a birthday, but it seems that all of the sites that I see (and used in the past) now require a "sign up" for a $2.50 per month service. I just want to send one card one time. Are there any sites left that will allow me to do that at a one time fee? Almost not worth a...
by Cody6136
Thu Jul 11, 2019 11:37 am
Forum: Personal Consumer Issues
Topic: Volunteer suggestions
Replies: 55
Views: 3102

Re: Volunteer suggestions

This is an amazing thread. You’re all quite inspiring! +1. I have worked as a fundraiser doing "cause work" for more than 25 years. I've worked in environmental, disaster relief, animal rescue and educational charities. Some of these non-profit organizations are the world's largest; others are loca...
by Cody6136
Wed Jul 10, 2019 10:48 am
Forum: Personal Consumer Issues
Topic: Yellowstone guidance
Replies: 12
Views: 1415

Re: Yellowstone guidance

I'm planning a trip to Yellowstone and Jackson, Wyoming later this month. Four days at each location. Has anyone hired fishing guides in Yellowstone? Very interested in wading/fly fishing. Any suggestions or recommendations on guides are welcome. It'll be my wife and me (celebrating my 50th). We're...
by Cody6136
Mon Jul 08, 2019 10:31 am
Forum: Personal Consumer Issues
Topic: Is Grass-fed milk worth it?
Replies: 82
Views: 4571

Re: Is Grass milk worth it?

Based on credible information, I consume almost no dairy products. I did grow up on a farm - and we had a few cows at that time. I can tell you that the taste of milk can be very different based on what the cow has eaten, +1 (800 cow dairy farm = hard work) Rice Dream Macadamia Nut Milk Almond Milk...
by Cody6136
Fri Jul 05, 2019 11:51 am
Forum: Personal Consumer Issues
Topic: Have you cleaned your own carpets?
Replies: 26
Views: 1996

Have you cleaned your own carpets?

Hi again. I'm fairly big on Do It Yourself, though of course some BHers put me to shame. There are some master DIY folks here on BH! My latest? Certainly not difficult but yesterday I rented a carpet cleaner and spent about two hours doing a large room. I paid about one-third of what it would be for...
by Cody6136
Fri Jul 05, 2019 11:47 am
Forum: Personal Investments
Topic: Noob worried about retiring in 7-10 years! Will I have enough - you decide!
Replies: 32
Views: 3903

Re: Noob worried about retiring in 7-10 years! Will I have enough - you decide!

...Making 75k/yr. Can’t count much on further raises at this point, maybe a little. Estimate I’ll need about 48,000/yr (plus SS) at 67, or about 41,000/yr (plus SS) if I work to 70. I’ll also need a new car by then, should be my last one... I don't think you will need as much as you believe. Depend...
by Cody6136
Fri Jul 05, 2019 11:34 am
Forum: Personal Consumer Issues
Topic: Theodore Roosevelt National Park or Badlands NP -- good for hiking in August?
Replies: 24
Views: 1544

Re: Theodore Roosevelt National Park -- good for hiking in August?

I lead a dozen people on a week of day hikes in the park for the Sierra Club. The Badlands of North Dakota are greener and more interesting than the Badlands of South Dakota, and the hiking is outstanding. Long hikes? In the South Unit the Lone Tree Loop at 9.6 miles and the Petrified Forest Loop a...
by Cody6136
Wed Jul 03, 2019 3:13 pm
Forum: Personal Consumer Issues
Topic: Parents got ripped off, what can I do about it?
Replies: 75
Views: 7174

Re: Parents got ripped off, what can I do about it?

If they installed an inferior or substandard unit perhaps the plumber should be asked to exchange it and install one at least as good as the old one that failed Only if the parents pay parts and labor for the new unit. If the one installed was not what they wanted they should have said so before it...
by Cody6136
Wed Jul 03, 2019 12:43 pm
Forum: Personal Consumer Issues
Topic: Parents got ripped off, what can I do about it?
Replies: 75
Views: 7174

Re: Parents got ripped off, what can I do about it?

If they installed an inferior or substandard unit perhaps the plumber should be asked to exchange it and install one at least as good as the old one that failed Only if the parents pay parts and labor for the new unit. If the one installed was not what they wanted they should have said so before it...
by Cody6136
Tue Jul 02, 2019 9:30 am
Forum: Personal Consumer Issues
Topic: Are you a serious DIYer?
Replies: 84
Views: 6426

Re: Are you a serious DIYer?

How do you prioritize what to do first? I'd prioritize like this: 1. Items that are a safety hazard 2. Items that are a neighborhood eyesore 3. Items that will improve your day-to-day life and make things easier 4. Cosmetic items that improve the rooms you spend the most time in (living room, bathr...
by Cody6136
Tue Jul 02, 2019 9:29 am
Forum: Personal Consumer Issues
Topic: Are you a serious DIYer?
Replies: 84
Views: 6426

Re: Are you a serious DIYer?

I probably come close to a 10 on your DIY scale. My wife and I built our own house back in 2004, doing all the foundation, framing, electrical, plumbing, tiling, sheetrock, insulation, cabinetry, and finish work ourselves. We also built our own garage in 2001, a few sheds, remodeled my in-laws hous...
by Cody6136
Tue Jul 02, 2019 9:28 am
Forum: Personal Consumer Issues
Topic: Are you a serious DIYer?
Replies: 84
Views: 6426

Re: Are you a serious DIYer?

I do everything you listed OP. Some projects: - Water heater install. I wouldn't do this again, but old heater started leaking in the evening so just went to HD and put in the new one. - Ceramic tile - Hardwood floors, whole house. I wouldn't do this again, it's labor intensive. - Drywall. I would ...
by Cody6136
Tue Jul 02, 2019 9:27 am
Forum: Personal Consumer Issues
Topic: Are you a serious DIYer?
Replies: 84
Views: 6426

Re: Are you a serious DIYer?

You tell me. I am a professor by day but a non stop DIY all the rest of the time. I've put a large second story on my prior house. Banged every nail, soldered every plumbing joint, pulled wire and even installed the central air myself. In my new house I built a swimming pool. If I could have spraye...
by Cody6136
Mon Jul 01, 2019 2:09 pm
Forum: Personal Consumer Issues
Topic: Are you a serious DIYer?
Replies: 84
Views: 6426

Re: Are you a serious DIYer?

I am easily an 8 (what's the scale rating again? :D )...... About the only thing I have not done myself on the cars or house was spray foam insulation and the reason was cost, not ability - the bulk order materials and a used/lower end spray system was going to be in the range of 7-10k and I found ...
by Cody6136
Mon Jul 01, 2019 1:09 pm
Forum: Personal Consumer Issues
Topic: Are you a serious DIYer?
Replies: 84
Views: 6426

Are you a serious DIYer?

I've become more and more interested in doing things myself around the home. Minor appliance repairs, all lawn care, growing vegetables, tree trimming, painting, tiling, carpentry. I enjoy it, and spend most of the weekend around the house, garage, and garden. On a scale of 1 to 10, I'm around an 8 ...
by Cody6136
Fri Jun 28, 2019 12:27 pm
Forum: Personal Consumer Issues
Topic: Facebook reading our minds?
Replies: 37
Views: 3612

Re: Facebook reading our minds?

I'm not on Facebook but my wife is. Tonight, we were at a local restaurant. We had an appetizer that was so good that we talked about looking for a recipe in order to fix it at home. A few minutes ago, she showed me her Facebook feed. On it was a video showing how to make the dish we had talked abo...
by Cody6136
Fri Jun 28, 2019 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: How did you lower your annual expenses?
Replies: 145
Views: 13821

Re: How did you lower your annual expenses?

First I had a REAL SENSE OF URGENCY. I mean this with 100% respect because I commend you for taking some steps to improve your financial situation. You tracked your expenses for a year and are now asking how to reduce them? This should have taken at most 1 month but probably a week to figure this o...
by Cody6136
Fri Jun 28, 2019 9:53 am
Forum: Personal Investments
Topic: Am I doing this right so far?
Replies: 17
Views: 1325

Re: Am I doing this right so far?

I've heard everything from using life insurance to annuities to recasting my mortgage for lower payments (I do like this one) as next steps. At this point should I focus on the short term? I think my retirement should already be looking good. Annuities---NOT ON YOUR LIFE! Run from these. They are u...
by Cody6136
Wed Jun 26, 2019 5:23 pm
Forum: Personal Consumer Issues
Topic: Am I falling into the trap of judging everything through cost lens?
Replies: 51
Views: 4912

Re: Am I falling into the trap of judging everything through cost lens?

I think I am letting the cost of things and experience the main deciding factor when considering buying something or some experience. I tend to go generally the cheaper route most of the time. But all those folks who are traveling business and first class vs the cheap economy option can't be stupid...
by Cody6136
Wed Jun 26, 2019 4:42 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 9171

Re: Dave Ramsey now says to give up employer 401K match to pay down debt

Yes, if you have some crazy interest payday loan of like 200%, but that's about it! I still didn't think that interest rates >30% were legal anywhere in the U.S. Interest rates above 30% are very legal. That is because some states have no limit on how much interest can be charged to consumers, so c...
by Cody6136
Wed Jun 26, 2019 4:39 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 9171

Re: Dave Ramsey says to give up employer 401K match to pay down debt

By directing funds temporarily to paying down debt rather than 401(k), Ramsey tries to get folks excited about their financial future. Hopefully, many of the Dave Ramsey crowd will grow up to be Bogleheads some day. I did. I needed to hear Dave's message about 20 years ago and it worked. Many of th...
by Cody6136
Wed Jun 26, 2019 3:35 pm
Forum: Personal Consumer Issues
Topic: Favorite mountain lodge destinations in the west?
Replies: 49
Views: 4537

Re: Favorite mountain lodge destinations in the west?

Take a look At Chico Hot Springs Resort, close enough to Yellowstone that doing day trips into the park is not too bad. I love the place. https://www.chicohotsprings.com/accommodations/historic-main-lodge/ Sage Lodge just opened and is adjacent to Chico Hot Springs. Paradise Valley is a nice option...
by Cody6136
Wed Jun 26, 2019 3:31 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 9171

Re: Dave Ramsey says to give up employer 401K match to pay down debt

By directing funds temporarily to paying down debt rather than 401(k), Ramsey tries to get folks excited about their financial future. Hopefully, many of the Dave Ramsey crowd will grow up to be Bogleheads some day. I did. I needed to hear Dave's message about 20 years ago and it worked. Many of th...
by Cody6136
Mon Jun 24, 2019 11:25 am
Forum: Personal Investments
Topic: Worried about the future/not saving enough
Replies: 39
Views: 5342

Re: Worried about the future/not saving enough

Agree on taking a hard look at car expenses. We’re in a HCOL area but partially offset that by my using public transportation for daily commute. We only have one fully paid off car and even with three kids it usually works. When we get in a transportation bind we fall back on Uber/Lyft, Zipcar, or ...
by Cody6136
Thu Jun 20, 2019 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Career advice — asking for the “gray hair perspective”
Replies: 50
Views: 4419

Re: Career advice — asking for the “gray hair perspective”

Mike Scott wrote:
Sun Jun 16, 2019 7:56 pm
Tread water at work for a while until you can secure and protect your intellectual property and shop it around to a new group or start your own. Then leave when you are ready.
Wisdom!
by Cody6136
Wed Jun 19, 2019 9:54 pm
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 90
Views: 9166

Re: Does money/lack of money preoccupy you?

WHAT??? You write that "all average persons in USA saves 92K." This is not even remotely close to being true. The article states that the average 401k participant, not all average persons in the USA. THINK!!! Cody my apologies it has been edited and updated to reflect the correct quote, which btw i...
by Cody6136
Wed Jun 19, 2019 12:47 pm
Forum: Personal Consumer Issues
Topic: Single cup coffee/espresso options, 2019
Replies: 84
Views: 5931

Re: Single cup coffee/espresso options, 2019

TLDR: What are the good options for an unsophisticated coffee/latte drinker to easily, cheaply, and quickly get something that approximates something ~80% as good as Starbucks-type espresso drinks, at home? === OK, so I posted about this in 2017 and didn't pull the trigger on anything. Have a singl...
by Cody6136
Wed Jun 19, 2019 10:27 am
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 90
Views: 9166

Re: Does money/lack of money preoccupy you?

all average persons in USA saves 92K see latest article https://finance.yahoo.com/news/apos-average-worker-saved-401-210000796.html americans are in denial, and don't save, it will impact all of us. I think it is responsibility of all of us to share knowledge to our friends on personal level. I hav...
by Cody6136
Tue Jun 18, 2019 1:30 pm
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 90
Views: 9166

Re: Does money/lack of money preoccupy you?

Obsessiveness is a form of anxiety, and the source of anxiety always lies in the future and is related to thoughts about what might or is going to happen. In that sense, obsessiveness can be defined as a necessary and desired approach to many situations that are complex, require much thought and ar...
by Cody6136
Mon Jun 17, 2019 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 690
Views: 69771

Re: Why are you NOT buying rental properties?

I can't stand realtors.
by Cody6136
Fri Jun 14, 2019 6:07 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 355
Views: 44072

Re: How Bad was 2008, really?

It was very bad but investments were only one component. Indeed. It may help to see the time in its entirety. Like the OP, I did not experience the pain of great financial loss personally, but it affected me just the same. I was a fundraiser, working at an animal shelter in a rural area. Donors had...
by Cody6136
Fri Jun 14, 2019 5:36 pm
Forum: Investing - Theory, News & General
Topic: How safe are pensions in the U.S.?
Replies: 87
Views: 9888

Re: How safe are pensions in the U.S.?

There was just a Frontline program on PBS called "The Pension Gamble". It is worth watching. They concentrated on the public pensions in Kentucky. It was not a pretty story. I watched it and thought that Martin Smith did a tremendous job. I am ordering and reading the book about Kentucky's plan. Th...
by Cody6136
Fri Jun 14, 2019 3:46 pm
Forum: Personal Investments
Topic: Asset allocation for those in their late fifties
Replies: 35
Views: 4005

Re: Asset allocation for those in their late fifties

I'm 59 and currently at a 77 percent stocks, the rest in bonds/other and trying to make a smooth glide towards 60 percent stock

Rolling over and re-calibrating has been a journey, to say the least.