Search found 24 matches

by finsterfolly
Thu Nov 07, 2019 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Canceling escrow account
Replies: 27
Views: 2955

Re: Canceling escrow account

Thanks, for the info in this thread. I messaged Chase on Monday via my account login, and they reviewed my escrow status. They got back to me today (3 days) to tell me they are removing escrow from my account. Nice little bonus considering they require about a $1,500 minimum in my account.
by finsterfolly
Wed Oct 23, 2019 6:12 am
Forum: Personal Investments
Topic: How do you get over an investing mistake?
Replies: 42
Views: 2223

Re: How do you get over an investing mistake?

I hope all my mistakes are as profitable as yours.
by finsterfolly
Tue Oct 22, 2019 12:45 pm
Forum: Personal Investments
Topic: When you state your asset allocation are you including everything or just invested assets?
Replies: 25
Views: 1577

Re: When you state your asset allocation are you including everything or just invested assets?

When I state AA, I use 70/30. I track AA with cash included so I can monitor my cash level. Technically, I am at 69/29/2 right now.
by finsterfolly
Wed Oct 02, 2019 10:13 am
Forum: Personal Investments
Topic: Learnings/Regrets from last two recessions
Replies: 91
Views: 12733

Re: Learnings/Regrets from last two recessions

2001 Investments : My 401k was in a stock fund, probably small cap. I was dabbling in a lot of different things (options, day trades, etc) with my IRA and brokerage accounts. At the height, I had everything I could in Apple, including margin purchases. Sold all during the fall, but still made money...
by finsterfolly
Mon Sep 30, 2019 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Repaying relocation
Replies: 28
Views: 1444

Re: Repaying relocation

It is definitely worth talking with the employer. I hired an employee out of a plant we were closing and gave him a relocation package. That he would have to pay back prorated if he left within a year or two. After getting here, he was miserable, and it showed. I talked with HR, and got a release on...
by finsterfolly
Sat Sep 28, 2019 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Have you ever had to deal with an "evil" co-worker?
Replies: 11
Views: 1510

Re: Have you ever had to deal with an "evil" co-worker?

Yes, ignore them when you can. When you have to work with them, take the high road. My wife was in a similar situation and felt she had to try and fix it. I compared it to the Bachelor/Bachelorette shows she likes to watch. There is always a bad guy/gal. There is also always the competitor that feel...
by finsterfolly
Fri Sep 20, 2019 8:06 am
Forum: Personal Finance (Not Investing)
Topic: 2 weeks notice or No Notice ? save 3.5K or Reputation ?
Replies: 135
Views: 11538

Re: 2 weeks notice or No Notice ? save 3.5K or Reputation ?

I've always given two weeks notice, even with bad jobs. You don't want a whole on your resume, and your future employer might contact your previous employer. I lot of employers will thank you and ask you to leave that day. My last employer asked what I wanted to do, and I said I would work 2 weeks a...
by finsterfolly
Mon Sep 16, 2019 8:23 pm
Forum: Personal Investments
Topic: Math is scary
Replies: 42
Views: 7025

Re: Math is scary

So, this thread has given me an aha moment, I think. I am 10-15 years from retirement. I've been digging in for about a month figuring out my current expenses and anticipated future expenses, and I keep bumping up against inflation. I've got expenses in today's dollars and expected social security b...
by finsterfolly
Mon Sep 16, 2019 9:02 am
Forum: Personal Consumer Issues
Topic: Improving Lighting in a Dimly Lit Condo
Replies: 26
Views: 1777

Re: Improving Lighting in a Dimly Lit Condo

In my home, we putt dimmable canned lights in the ceiling and it completely transformed the room. Get an electrician to look at your construction to see if that is doable. When I was in a Condo, we had dimmable floor lamps that someone mentioned earlier in the thread. These splash light of the ceili...
by finsterfolly
Fri Sep 13, 2019 8:39 am
Forum: Investing - Theory, News & General
Topic: Health equity investment fee. High or low?
Replies: 37
Views: 3400

Re: Health equity investment fee. High or low?

Thanks for this thread! I just recently discovered that my HSA through HealthEquity had an investment option. My initial excitement was curtailed when I started reading the associated costs. One slightly off-topic question. If I open an HSA account with Fidelity, do you know if they run a credit che...
by finsterfolly
Mon Sep 09, 2019 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Can a Roth be an emergency EF?
Replies: 32
Views: 2907

Re: Can a Roth be an emergency EF?

A couple of months ago I started logging in Excel everything I spent. Well, groceries for example as a lump, not per item. This is easy to do as I charge most everything, both to get the 1.5% cash back and to track my monthly spending lump sum easily, as my credit card website has purchase amounts ...
by finsterfolly
Fri Sep 06, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Homeowner's: notice of non-renewal. Where/how to shop?
Replies: 41
Views: 5012

Re: Homeowner's: notice of non-renewal. Where/how to shop?

I went with for Amica 12 years ago. I think they were referred by Clark Howard. I had one water damage claim with them, and it was quickly resolved to my liking. I think they are still high on the Consumer Reports list as well. As HomeStretch mentioned, you have to go to them directly.
by finsterfolly
Thu Sep 05, 2019 5:03 pm
Forum: Personal Consumer Issues
Topic: How much do you tip ubereats?
Replies: 45
Views: 4438

Re: How much do you tip ubereats?

I tipped cash on delivery, but basically quit UberEats when they added a 15% service fee on top of their delivery fee.
by finsterfolly
Thu Sep 05, 2019 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Savings Percentage Calculation
Replies: 51
Views: 3374

Re: Savings Percentage Calculation

You are going to get 6 or 7 difference answers to this question and frankly it makes no difference. Pick one that you like and move on. Yeah, pick one and move on. It matters less how you compare to others, and more about reducing your expenses and maximizing your own savings. Once you pick one, ho...
by finsterfolly
Thu Sep 05, 2019 8:06 am
Forum: Personal Finance (Not Investing)
Topic: How often do you receive out-of-sequence pay bumps?
Replies: 56
Views: 3488

Re: How often do you receive out-of-sequence pay bumps?

Have you considered that your definition of "performance" is too limited? Often times the most difficult thing in an organization is keeping everyone swimming in the same direction. This requires you to maintain good relationships with coworkers, always stay in sync with your managers and understan...
by finsterfolly
Mon Sep 02, 2019 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Investing in my Company Stock Plan (ESPP) - is it worth it?
Replies: 39
Views: 2236

Re: Investing in my Company Stock Plan (ESPP) - is it worth it?

If you are not hurting your savings or cash flow by participating, I would be very tempted to do it or the 100% return. As an example of real world risks, I have been participating in my ESPP (15% discount, 6 month holding period). Like yours, my company is a large stable company. For the first 18 m...
by finsterfolly
Fri Aug 30, 2019 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Banks requiring fingerprint on a check for non-customers to receive cash
Replies: 87
Views: 6155

Re: Banks requiring fingerprint on a check for non-customers to receive cash

Had the same thing happen at the BoA predecessor, NationsBank, over 20 years ago. I too walked out. I thought that went away.
by finsterfolly
Fri Aug 30, 2019 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Educating Spouse on Personal Finance
Replies: 60
Views: 3903

Re: Educating Spouse on Personal Finance

I will recommend again that you use charts (bar or pie) for the budget talk. Especially if she is not likely to want to engage in that discussion. Showed my wife a pie chart of our actual spend and one slice was the pocket money she spends. When she looked at it she said something along the lines o...
by finsterfolly
Fri Aug 30, 2019 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Educating Spouse on Personal Finance
Replies: 60
Views: 3903

Re: Educating Spouse on Personal Finance

Thanks for all the replies and personal stories. I read all the responses, and it helps. The big driver of this is my wife's father-in-law passing (recent 2nd marriage). She spent the last 4 weeks with her mom helping to resolve the estate, and it was eye-opening for her. And for me, one of the reas...
by finsterfolly
Thu Aug 29, 2019 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Educating Spouse on Personal Finance
Replies: 60
Views: 3903

Educating Spouse on Personal Finance

We are in our 50s, and I am the income earner. I also control all the finances and investments. My wife has an interest, although not quite a desire, to learn more about our personal finances, which I highly encourage. Her eyes gloss over very quick when I have discussed things with her in the past,...
by finsterfolly
Tue Aug 27, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: paying off 15 year vs 30 year fixed rate mortgage
Replies: 53
Views: 3690

Re: paying off 15 year vs 30 year fixed rate mortgage

Going 30yr and making prepayments gives you flexiblity. It takes a lot of discipline to either make the extra payments each month, or invest them to earn the interest and pay the mortgage off later. I wasn't sure that me and my wife had the discipline, so we went with the 15 year mortgage. It insure...
by finsterfolly
Sat Aug 24, 2019 7:05 pm
Forum: Personal Consumer Issues
Topic: Should I paint dark brown wainscotting?
Replies: 33
Views: 2259

Re: Should I paint dark brown wainscotting?

Looks great. Great opportunity to turn a disaster into an improvement!
by finsterfolly
Mon Aug 19, 2019 10:03 pm
Forum: Personal Consumer Issues
Topic: Battery powered lawn mower
Replies: 54
Views: 3632

Re: Battery powered lawn mower

I have had the Ego 21" mower for over a year, and it does a great job. I had a manual rotary mower before that, but when I put in Zoysia sod, it grows to thick for the rotary to push through it. Went with the electric, and it does the trick. It is light and quiet, compared to gas mowers. Battery hol...
by finsterfolly
Fri Aug 09, 2019 6:47 am
Forum: Personal Investments
Topic: Balancing Portfolio for the First Time
Replies: 3
Views: 521

Balancing Portfolio for the First Time

I've taken an invest it and forget it approach since the tech bubble with my portfolio close to 100% stocks (S&P index). With retirement 9-12 years away, I am looking at moves I need to make now. One of the biggest is a rebalance, or rather initial balance, of my portfolio. What is the best way to m...