Search found 496 matches

by FI4LIFE
Thu Jun 18, 2020 7:44 am
Forum: Personal Consumer Issues
Topic: Old Cars & the expenses that go with them
Replies: 69
Views: 5135

Re: Old Cars & the expenses that go with them

Too many factors to list out. But this rule of thumb always served me well: multiply the repair cost by 10. If I figured I could get at least that many miles out of the repair ($.10 per mile) that was the green light for the repair. I made some repairs many people wouldn’t, including spending $1,40...
by FI4LIFE
Tue Jun 16, 2020 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: best way to give away a table saw
Replies: 53
Views: 3220

Re: best way to give away a table saw

I did this exact thing years ago. People will surely want the table saw if it is functioning. The radial arm saw is not going to be perceived as a bonus. Nobody wants them. Bring the radial arm saw straight to the scrap yard and list the table saw on Craigslist for $20 specifying that a truck or SU...
by FI4LIFE
Tue Jun 16, 2020 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: best way to give away a table saw
Replies: 53
Views: 3220

Re: best way to give away a table saw

I did this exact thing years ago. People will surely want the table saw if it is functioning. The radial arm saw is not going to be perceived as a bonus. Nobody wants them. Bring the radial arm saw straight to the scrap yard and list the table saw on Craigslist for $20 specifying that a truck or SUV...
by FI4LIFE
Tue Jun 16, 2020 7:58 am
Forum: Personal Consumer Issues
Topic: Do you reward yourself for achieving a financial goal?
Replies: 167
Views: 12059

Re: Do you reward yourself for achieving a financial goal?

When I accumulate $1 million in invested assets I will "reward" myself by paying off the balance of my mortgage in the 2 years that follow. Don't care what the math says.
by FI4LIFE
Fri Jun 12, 2020 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: working longer for free health care? is it worth it?
Replies: 27
Views: 3755

Re: working longer for free health care? is it worth it?

You're set. I wouldn't wait. If it were me, I'd just plan my living expenses around my pension income and mentally attribute the retirement account and cash pension to healthcare expenses. If and when the inheritance comes in, it will be gravy.

I'm assuming you are not carrying any major debts.
by FI4LIFE
Fri Jun 12, 2020 5:53 pm
Forum: Personal Consumer Issues
Topic: Neighbours with a Large German shepard in condo
Replies: 21
Views: 1560

Re: Neighbours with a Large German shepard in condo

Many dogs are aggressive on leash but if they get loose they are fine. This can be trained out of them but can be difficult. Just give him a wide birth. If the dog is not a nuisance otherwise then I would not get involved.
by FI4LIFE
Thu Jun 11, 2020 5:43 pm
Forum: Personal Consumer Issues
Topic: What Size Home For A Family?
Replies: 87
Views: 5486

Re: What Size Home For A Family?

A less than ideal sized home can be great with a fantastic neighborhood and usable backyard. I don't like anything over 2800 square feet due to maintenance. If I could afford to hire everything out I would probably feel differently. We are making due in a 3 br, 1.5 bath 2300 sq ft home with a 5 pers...
by FI4LIFE
Thu Jun 11, 2020 5:45 am
Forum: Personal Consumer Issues
Topic: Does Buying an RV make sense?
Replies: 97
Views: 6317

Re: Does Buying an RV make sense?

I've thought about this myself but owning seems like it might be best for those who like to tinker with mechanical things... something I despise. Every time I see an ad for a used RV, there is a laundry list of parts that have recently been replaced, most of which I am not familiar and seem specific...
by FI4LIFE
Wed Jun 10, 2020 11:50 am
Forum: Personal Consumer Issues
Topic: how much to tip painters
Replies: 66
Views: 4308

Re: how much to tip painters

I used to work construction and was perfectly happy with $20 since very few people tipped. The gesture was more important than the monetary amount. Give the money directly to the employees, not the owner.
by FI4LIFE
Wed Jun 10, 2020 7:41 am
Forum: Personal Finance (Not Investing)
Topic: So Are Home Renovations Worth It (Financially) Or Not?
Replies: 105
Views: 7420

Re: So Are Home Renovations Worth It (Financially) Or Not?

The HGTV shows are mostly staged (plenty of articles on this). The ones where they buy a house are usually houses the clients already bought, the renos are done just in the frame of the camera, etc. Still enjoyable as trash TV, but we laugh at their costs. "This bathroom is a total re-do. That'll b...
by FI4LIFE
Wed Jun 10, 2020 7:21 am
Forum: Personal Finance (Not Investing)
Topic: So Are Home Renovations Worth It (Financially) Or Not?
Replies: 105
Views: 7420

Re: So Are Home Renovations Worth It (Financially) Or Not?

The HGTV numbers are completely fabricated. Think about it. Why would any general contractor bother renovating customers' houses if they could flip houses like on TV and make tens to hundreds of thousands of dollars per flip? Even in the love it or list it show, where there's always some expensive s...
by FI4LIFE
Wed Jun 10, 2020 6:19 am
Forum: Personal Finance (Not Investing)
Topic: Can I give a loan to my buddy to buy a boat?
Replies: 81
Views: 4690

Re: Can I give a loan to my buddy to buy a boat?

CardioMD wrote:
Tue Jun 09, 2020 11:58 am
This is a train wreck waiting to happen.
Or boat wreck.

To the OP:
Perhaps he could offer up something else as collateral and you can call it a personal loan?
by FI4LIFE
Fri May 29, 2020 5:53 am
Forum: Personal Finance (Not Investing)
Topic: Pension with No COLA
Replies: 11
Views: 1294

Re: Pension with No COLA

I asked a similar question a while back. The amount you put aside depends on how long you want funds to "last."

viewtopic.php?t=303230
by FI4LIFE
Mon May 18, 2020 5:57 pm
Forum: Personal Consumer Issues
Topic: Reel Grass Mower
Replies: 36
Views: 1946

Re: Reel Grass Mower

I tried a fiskars reel mower. You can't let the grass grow very long or the reel mower won't cut all the blades of grass. I was to lazy to cut that often so I sold it. I recently bought a battery powered mower and accessories and I'm very happy with them. I had the same experience with the fiskars ...
by FI4LIFE
Fri May 15, 2020 5:19 am
Forum: Personal Finance (Not Investing)
Topic: What are the most valuable things in life?
Replies: 7
Views: 855

Re: What are the most valuable things in life?

I would suggest changing this a bit to make it actionable. Good topic. I'm struggling for the right words, but I would say inner peace and happiness? You cannot enjoy what life has to offer without these.
by FI4LIFE
Thu May 14, 2020 4:35 am
Forum: Personal Consumer Issues
Topic: How to look for a good Primary Care Physician (PCP), and no price transparency...
Replies: 35
Views: 2096

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

I would treat it like a home repair contractor. Get three recommendations then interview them and ask about pricing and decide which you like.
by FI4LIFE
Tue May 12, 2020 9:28 am
Forum: Personal Finance (Not Investing)
Topic: how much to charge for two large dogs at rental
Replies: 41
Views: 2559

Re: how much to charge for two large dogs at rental

My parents two (medium-small) size dogs have caused 5-figures of damage to their home; ruined all the downstairs carpet and scratched up new wood floors to name just a few things. My in-laws' shitzu destroyed the carpet in two rooms in their home. My neighbor also had to have their carpet replaced ...
by FI4LIFE
Sat May 09, 2020 5:29 am
Forum: Personal Consumer Issues
Topic: Amazon issues - cannot even cancel Prime really
Replies: 59
Views: 3777

Re: Amazon issues - cannot even cancel Prime really

Good luck in resolving this OP. I've found other subscription services are making it difficult to cancel as well but will not derail the thread. I much prefer Walmart delivery for the ease of returns and the ability to have items shipped to the store that I don't want UPS to smash. Amazon interface ...
by FI4LIFE
Fri May 08, 2020 11:13 am
Forum: Personal Investments
Topic: How not to stretch yourself too thin on home purchase?
Replies: 34
Views: 3418

Re: How not to stretch yourself too thin on home purchase?

I understand keeping your housing expenses as low as possible (in fact that is what I think I am currently doing), and I don't plan on getting too far out there in terms of price, but at the same time surely there is something to be said for enjoying the place where you spend the majority of your t...
by FI4LIFE
Thu May 07, 2020 6:39 pm
Forum: Personal Consumer Issues
Topic: Recommendations for relatively cheap cell phones
Replies: 34
Views: 1623

Re: Recommendations for relatively cheap cell phones

I also like the Moto G series.
by FI4LIFE
Thu May 07, 2020 3:03 pm
Forum: Personal Consumer Issues
Topic: Craigslist - are these scams?
Replies: 49
Views: 3175

Re: Craigslist - are these scams?

Serious buyers will call you...not text or email. Wrong. As a buyer, I have a list of questions to ask that I can conveniently put in an email. Over the phone I might forget or get distracted. Does the a/c work. Yes. Does it have any leaks. No. etc. And when I get the answers, I have something writ...
by FI4LIFE
Thu May 07, 2020 1:34 pm
Forum: Personal Consumer Issues
Topic: New Brake Pads
Replies: 87
Views: 4174

Re: New Brake Pads

I was involved in testing brake rotors on the racetrack with a group of other guys in various cars. We found that the absolute cheapest rotors worked as well as or better than the high priced stuff. The difference seemed to be whether or not you wanted to pay for their expensive marketing campaigns...
by FI4LIFE
Thu May 07, 2020 1:27 pm
Forum: Personal Consumer Issues
Topic: Craigslist - are these scams?
Replies: 49
Views: 3175

Re: Craigslist - are these scams?

Ignore any replies you get on the first day as a general rule. Also ignore replies that are interested in your "item" that don't specify what the item is...in your case a kayak. I don't respond to emails from Craigslist at all and state this in my ad. Serious buyers will call you...not text or email.
by FI4LIFE
Thu May 07, 2020 9:08 am
Forum: Personal Investments
Topic: How not to stretch yourself too thin on home purchase?
Replies: 34
Views: 3418

Re: How not to stretch yourself too thin on home purchase?

Just my anecdote. We make about $200k with similar expenses. Our payment on our $500k house is about $2600 per month on a $300k mortgage (including taxes and insurance). We are just able to max out retirement savings and put in $1000/mo into college savings. We are comfortable, able to do occasional...
by FI4LIFE
Thu May 07, 2020 4:50 am
Forum: Personal Investments
Topic: How do I get out of home a partnership agreement?
Replies: 42
Views: 3061

Re: How do I get out of home a partnership agreement?

I'm going to play devil's advocate here. What home's value is UP $80k in our current environment? What homes are actually selling in our current environment? Is the "$80k appreciation" due to upgrades done to the home by your brother? Is the $80k before or after rehab costs and selling/closing costs...
by FI4LIFE
Tue May 05, 2020 7:58 am
Forum: Personal Consumer Issues
Topic: Rules on returning to work after being furloughed due to COVID
Replies: 36
Views: 3277

Re: Rules on returning to work after being furloughed due to COVID

My first impression on reading this was "how can that be possible?" Make her use her annual leave? But I think it's starting to make some sense to me. Why should a person be entitled to unemployment benefits if they have some paid time off banked? Shouldn't they be expected to use that first? Or ev...
by FI4LIFE
Tue May 05, 2020 5:04 am
Forum: Personal Finance (Not Investing)
Topic: Moving from High taxed state to no income tax state
Replies: 44
Views: 3152

Re: Moving from High taxed state to no income tax state

It might be more useful to post which state you are leaving and one or two states you are considering moving to. Good topic.
by FI4LIFE
Mon May 04, 2020 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Home - How Near Parents?
Replies: 30
Views: 3016

Re: Buying Home - How Near Parents?

Having my parents 5 minutes away has been great. In 9 years, with three kids, we've hired a babysitter twice. To me, 45 minutes might as well be 2 hours. You can't just drop the kids off on your way out. Even 20 minutes is enough of a buffer to dissuade some of the babysitting. This may be a good or...
by FI4LIFE
Mon May 04, 2020 6:21 am
Forum: Personal Consumer Issues
Topic: Lawnmower recommendation
Replies: 65
Views: 4064

Re: Lawnmower recommendation

Get a gas mower over electric every time, unless your yard is real small (like tenth of an acre). And if it's that small, you could probably get away with a push reel mower. I got a Simplicity Broadmoor riding mower 4 years ago (have about an acre, with some hills/terrain). Not cheap, so I decided ...
by FI4LIFE
Sun May 03, 2020 4:06 am
Forum: Personal Consumer Issues
Topic: Lawnmower recommendation
Replies: 65
Views: 4064

Re: Lawnmower recommendation

Either buy a cheap, used mower from Craigslist or spend some money and get an EGO battery powered. I love mine for several reasons. It's quiet, light, folds up and takes up little space in the garage, I don't stink after mowing, never have to fill a gas can etc. Worth the money. I hate maintaining m...
by FI4LIFE
Tue Apr 28, 2020 6:14 am
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11507

Re: Poor Publix employee seeking 401k investment advice

An IRA is a retirement account, similar to a "regular account" in every way except for how it is taxed. There are two types: A ROTH IRA is where you put money in out of your "take home" pay (after taxes). Money in this account grows tax free and when you withdraw in retirement, you pay no taxes on t...
by FI4LIFE
Mon Apr 27, 2020 6:57 am
Forum: Personal Consumer Issues
Topic: Renewal by Anderson window prices
Replies: 39
Views: 3698

Re: Renewal by Anderson window prices

So oddly enough Home Depot’s quote for the 4 windows is about exactly the same as the Marvin dealer. This is for Anderson 400 casement windows with full replacement install. Are wood windows with cladding exterior really about $2k per window??? For comparison, I purchased Anderson 400 Series Hinged...
by FI4LIFE
Mon Apr 27, 2020 6:55 am
Forum: Personal Consumer Issues
Topic: Renewal by Anderson window prices
Replies: 39
Views: 3698

Re: Renewal by Anderson window prices

I am thinking of going with Home Depot. Any experiences locally in the twin cities with Home Depot window installs? "Home Depot" is not a window installation company. They have a list of subcontractors (usually those with fledgeling businesses and few clients) that they will use and it is up to cha...
by FI4LIFE
Mon Apr 27, 2020 6:13 am
Forum: Personal Investments
Topic: Late to the party, need guidance
Replies: 19
Views: 1908

Re: Late to the party, need guidance

This may not be the easiest time to get ahold of customer service at Fidelity, but I would simply call them and have them guide you through the process. I have always been happy with their guidance.
by FI4LIFE
Mon Apr 27, 2020 6:04 am
Forum: Personal Consumer Issues
Topic: In your experience, what is the credit card with the best customer service?
Replies: 36
Views: 2110

Re: In your experience, what is the credit card with the best customer service?

If I buy a product and never have to think about it again, I consider that the best customer service around. My Fidelity Visa pays me about $700 a year to use it, easily automated everything, and has caught fraudulent activity on several occasions without me having to lift a finger or talk to anyone...
by FI4LIFE
Sun Apr 26, 2020 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford to move out of NYC and buy a house in the suburbs?
Replies: 36
Views: 3186

Re: Can I afford to move out of NYC and buy a house in the suburbs?

20 somethings do not belong in Greenwich, period. Heck I’m in my mid 30s and I still wouldn’t live there. agreed. what towns/areas would you recommend around NYC? P.S you gotta get a blog :beer You weren't asking me but if I were a high earner and wanted to choose a Connecticut town within reasonab...
by FI4LIFE
Sun Apr 26, 2020 7:40 am
Forum: Personal Consumer Issues
Topic: Go or no go on Carnival cruise
Replies: 116
Views: 7499

Re: Go or no go on Carnival cruise

Based on the near unanimous responses, I say go for it...you may get the whole ship to yourself. :D
by FI4LIFE
Sat Apr 25, 2020 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to move out of NYC and buy a house in the suburbs?
Replies: 36
Views: 3186

Re: Can I afford to move out of NYC and buy a house in the suburbs?

I would not do it but I am fairly conservative. You know your earning potential better than anyone here but don't make yourself house poor. Have you figured out a budget for home maintenance and upgrades? The down side of living in a beautiful Connecticut suburb is that your neighbors expect your ho...
by FI4LIFE
Sat Apr 25, 2020 9:24 am
Forum: Personal Consumer Issues
Topic: Renewal by Anderson window prices
Replies: 39
Views: 3698

Re: Renewal by Anderson window prices

I cannot believe people pay these prices. There is absolutely nothing to the labor to justify those install costs. The Marvin showrooms and replacement by Anderson are banking on the fact that you don't know a local contractor who will do the job for half the price.
by FI4LIFE
Fri Apr 24, 2020 6:51 am
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11507

Re: Poor Publix employee seeking 401k investment advice

The previous posts have some great advice. I second the suggestion to take the employer match then open a ROTH IRA with fidelity or vanguard. Fire your Raymond James investor (unless you want to work an extra several years to pay his/her fees). If you want to keep them, limit the funds you send to t...
by FI4LIFE
Fri Apr 24, 2020 4:15 am
Forum: Personal Finance (Not Investing)
Topic: Best Covid19 resistant job
Replies: 154
Views: 9808

Re: Best Covid19 resistant job

I am not sure if the aim here is work resistant to income interruption or work resistant to being exposed to communicable disease. Nevertheless, I am a federal employee now allowed to telework 100% of the time. I have decamped to a comfortable cottage in a wooded rural setting, low density human po...
by FI4LIFE
Wed Apr 22, 2020 12:11 pm
Forum: Personal Investments
Topic: Different Spin on the question of "Should I pay of the house or Invest.."
Replies: 73
Views: 4630

Re: Different Spin on the question of "Should I pay of the house or Invest.."

The shorter the time period, the more favorable it tends to be to pay off the mortgage due to sequence of returns... at least that's what I've been told. Perhaps this is a fallacy. I would save up enough to pay off the mortgage, then decide. In our current economic situation, I lean heavily towards ...
by FI4LIFE
Wed Apr 22, 2020 11:51 am
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 74544

Re: Bogleheads community discussion - Coronavirus

Can the physicians participating in this thread clear something up for me? My employer is offering COVID testing but the location is a local walk-in clinic. In other words, a normal doctor's office as opposed to a drive up testing facility. What is the risk of contracting the virus by entering this...
by FI4LIFE
Wed Apr 22, 2020 11:01 am
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 74544

Re: Bogleheads community discussion - Coronavirus

Can the physicians participating in this thread clear something up for me? My employer is offering COVID testing but the location is a local walk-in clinic. In other words, a normal doctor's office as opposed to a drive up testing facility. What is the risk of contracting the virus by entering this ...
by FI4LIFE
Tue Apr 21, 2020 4:55 pm
Forum: Personal Consumer Issues
Topic: Type of Lawyer needed or advice
Replies: 29
Views: 2430

Re: Type of Lawyer needed or advice

Perhaps you could be a worse neighbor? A large chicken coop or maybe a pig pen adjacent to the trailer? A large karaoke stage hear the fence line? Maybe that area would be a good spot to stash some abandoned cars? If he is really close to the property, maybe a new survey hoping he is too close woul...
by FI4LIFE
Tue Apr 21, 2020 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Parents want me to pay off their mortgage in exchange for title
Replies: 102
Views: 9270

Re: Parents want me to pay off their mortgage in exchange for title

If you want to help them, hire them a good lawyer to advise them.
by FI4LIFE
Tue Apr 21, 2020 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Helping deciding if i should purchase a truck
Replies: 26
Views: 1666

Re: Helping deciding if i should purchase a truck

I drove a pickup truck for years. Told myself I needed one because I do a lot of home renovations myself etc. Once I got set on the decision that I wanted financial independence I decided to try living without one and found a small to midsize SUV can be had for half the price with better gas mileage...
by FI4LIFE
Tue Apr 21, 2020 11:29 am
Forum: Personal Consumer Issues
Topic: Renewal by Anderson window prices
Replies: 39
Views: 3698

Re: Renewal by Anderson window prices

Hire a local contractor. Years ago when I was in construction we would charge $250 per window to change out with new construction style windows (not replacement) plus materials. This was labor cost only and included trimming out the interior and exterior of the window (replacement style are much eas...
by FI4LIFE
Tue Apr 21, 2020 4:24 am
Forum: Personal Consumer Issues
Topic: Growing Fruit and Vegetables
Replies: 30
Views: 1886

Re: Growing Fruit and Vegetables

I've given up on growing fruit altogether. The critters know when it's ripe a day before I do without exception. Lots of great suggestions here. I love garden grown eggplant. Peel it, slice it thin, soak in olive oil and coat with garlic powder and sea salt and grill it slow. One of my summer time f...
by FI4LIFE
Mon Apr 20, 2020 3:06 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 74544

Re: Bogleheads community discussion - Coronavirus

You know, sometimes people make up their minds that some falsehood is true regardless of tons of evidence to the contrary. Is it a good use of anyone's time to argue with such a person? Or could we be doing something more productive? My father has become one of these people. Now I just move on to s...