Search found 538 matches

by gouldnm
Tue Aug 21, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: Is It Possible to Ever Not Have to Worry about Debt
Replies: 12
Views: 1106

Is It Possible to Ever Not Have to Worry about Debt

A friend and I had this discussion recently: He was arguing that truly wealthy people never have to worry about debt or running out of money. I argued that it's all proportional: yes, a truly wealthy person has a lot more money than I do, but that doesn't mean that they still couldn't get themselves...
by gouldnm
Wed Aug 08, 2018 3:25 pm
Forum: Personal Consumer Issues
Topic: Relaxing - quieting the mind
Replies: 47
Views: 3216

Re: Relaxing - quieting the mind

They say owning a cat helps lower blood pressure, and there is a lot to be said for having a fat, purring kitty snuggling next to you. Of course, some times when kitty starts doing something annoying to attract your attention, it seems like the opposite is true. The trick is to just be sure you get ...
by gouldnm
Wed Aug 08, 2018 3:17 pm
Forum: Personal Consumer Issues
Topic: Moving soon; whom to hire to help me move?
Replies: 27
Views: 2484

Re: Moving soon; whom to hire to help me move?

I use only licensed, bonded,insured professionals. Allied did my last move which was many years ago and did a good job. No complaints. I used Allied back in 1989 when I got my first job out of graduate school. I had to move from Ohio to New Jersey. I had gotten a job with a major Fortune 500 compan...
by gouldnm
Wed Jul 25, 2018 4:02 pm
Forum: Personal Consumer Issues
Topic: I want to sell my home, but I don't want to fix it up
Replies: 72
Views: 8782

Re: I want to sell my home, but I don't want to fix it up

Consider auctioning your house. You might not get as much money, but it's far less hassle.
by gouldnm
Mon Jul 02, 2018 5:43 pm
Forum: Personal Consumer Issues
Topic: DNA ancestry testing
Replies: 88
Views: 9297

Re: DNA ancestry testing

When I initially took the DNA test (via ancestry.com) it didn't tell me anything that I didn't already know. Basically, it told me that I'm East European Jewish--no surprises there. A few years later I got a mysterious letter from someone I'd never heard of. It turns out that I have a half-brother ...
by gouldnm
Mon Jul 02, 2018 3:20 pm
Forum: Personal Consumer Issues
Topic: DNA ancestry testing
Replies: 88
Views: 9297

Re: DNA ancestry testing

When I initially took the DNA test (via ancestry.com) it didn't tell me anything that I didn't already know. Basically, it told me that I'm East European Jewish--no surprises there. A few years later I got a mysterious letter from someone I'd never heard of. It turns out that I have a half-brother ...
by gouldnm
Mon Jul 02, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: Retiring in Michigan (Ann Arbor)
Replies: 65
Views: 5189

Re: Retiring in Michigan (Ann Arbor)

I'm a native of Michigan--grew up in a quaint, coastal town on Lake Michigan (the "riveria" of the Midwest) and went to college in Ann Arbor. There are pros and cons to living in A2 like every place else. A few thoughts: #1. While I loved it as a college town, I'm not so sure I'd like it as a retire...
by gouldnm
Sun Jul 01, 2018 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Required minimum distributions from IRA
Replies: 18
Views: 1619

Re: Required minimum distributions from IRA

Here’s a question: I have three IRAs with Vangard: an inherited IRA, a rollover IRA, and a traditional IRA. I am currently taking RMDs out of the inherited IRA, but it will be many years before I am required to take money out of the others. What happens when I turn 70? Can I just have Vanguard compu...
by gouldnm
Sun Jul 01, 2018 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 35797

Re: What is/ was your career and would you recommend it now?

I have the following degrees: B.S. chemical engineering M.S. applied statistics M.A. National Security and Strategic Studies My jobs have included: --Working as an engineer in the automobile industry --Being a statistical consultant to chemical engineers for a large oil company --Working as a biosta...
by gouldnm
Sun Jul 01, 2018 7:31 pm
Forum: Personal Consumer Issues
Topic: DNA ancestry testing
Replies: 88
Views: 9297

Re: DNA ancestry testing

When I initially took the DNA test (via ancestry.com) it didn't tell me anything that I didn't already know. Basically, it told me that I'm East European Jewish--no surprises there. A few years later I got a mysterious letter from someone I'd never heard of. It turns out that I have a half-brother I...
by gouldnm
Tue May 08, 2018 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to rent as a retiree?
Replies: 83
Views: 9646

Re: Does it make sense to rent as a retiree?

On the plus side, not paying property tax, insurance (replaced with renter's insurance), maintenance, repairs, upgrades and being able to try something new or someplace new is very appealing to me. Ummm, these costs are built into your rent. How else will the landlord cover them? As for me, I see h...
by gouldnm
Tue May 08, 2018 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to rent as a retiree?
Replies: 83
Views: 9646

Re: Does it make sense to rent as a retiree?

#3. Some people have stated that they don't like renting because they don't want to share a wall with neighbors or have someone telling them what to do. But keep in mind that many people who retire buy condos. In a condo you also share walls with neighbors and HOAs tend to be very strict about what...
by gouldnm
Tue May 08, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to rent as a retiree?
Replies: 83
Views: 9646

Re: Does it make sense to rent as a retiree?

Coincidentally, this appeared in today’s Washington Post:
https://www.washingtonpost.com/news/whe ... a0e3d4e268
by gouldnm
Tue May 08, 2018 3:24 pm
Forum: Personal Consumer Issues
Topic: Anyone from Dayton,OH area-?'s
Replies: 22
Views: 1619

Re: Anyone from Dayton,OH area-?'s

I lived in Dayton for two years. For what it's worth, I liked the area a lot. Beavercreek is a nice area and right next to Wright-Patt. When I was young, Kettering was filled with lots of apartments and young, single people in their 20's. But that was many years ago (I won't say how many!), so I don...
by gouldnm
Tue May 08, 2018 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to rent as a retiree?
Replies: 83
Views: 9646

Re: Does it make sense to rent as a retiree?

We are also trying to decide this question. We will probably rent, at least for the first few years, because we will be moving to a new city and we aren't sure which neighborhood we'll be happiest in. Having rented for many years as well as owned several homes, I can say that there are pros and cons...
by gouldnm
Thu May 03, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 35069

Re: Those with high savings rate: why?

My parents grew up during the Great Depression so I learned a lot of their habbits growing up. But, also, I'm just not into buying things. I'm not into fancy clothing or cars, for example. Mostly I enjoy reading and hiking in the woods, and those things don't cost that much. While I like to travel, ...
by gouldnm
Wed May 02, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Services that offer to buy your house?
Replies: 22
Views: 2719

Re: Services that offer to buy your house?

My husband and I are seriously considering doing an auction when we sell our house. I did some research, including posting to a forum on real estate. Several people wrote in describing how auction worked successfully for them. It's not for everyone, but IMHO, it's worth doing the research to see if ...
by gouldnm
Sun Apr 01, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: Underrated places to visit in U.S.?
Replies: 126
Views: 13057

Re: Underrated places to visit in U.S.?

Cleveland, Ohio. It has cultural amenities comparable to New York and Chicago for a fraction of the cost (and a lot less crowded and traffic, too). Playhouse Square has the highest concentration of theater outside of Broadway. The Cleveland Symphony is world class, and there is no symphony hall in t...
by gouldnm
Fri Mar 30, 2018 4:32 pm
Forum: Personal Consumer Issues
Topic: Amica Increase
Replies: 59
Views: 7095

Re: Amica Increase

Another State Farm horror story: My sister was in a car accident (not her fault) and needed a new door. About three weeks after the door was repaired, it started coming off its alignment (e.g., it wasn't hanging properly). She took it back for a second repair. A few weeks later the same thing happen...
by gouldnm
Fri Mar 30, 2018 4:23 pm
Forum: Personal Consumer Issues
Topic: Amica Increase
Replies: 59
Views: 7095

Re: Amica Increase

This reminds me of how Liberty Mutual handled our claim in similar circumstances about 20 years ago. They sent an adjuster, who immediately cut us a check of $2K on the spot. I was shocked and impressed - I expected what you went through. Then, about 3 months later, we got a letter from LM that our...
by gouldnm
Fri Mar 30, 2018 2:03 pm
Forum: Personal Consumer Issues
Topic: Amica Increase
Replies: 59
Views: 7095

Re: Amica Increase

Years ago I had State Farm and filed a homeowner's claim. I had a horrible experience getting them to pay for a tree that fell on our house. Then I switched to Safeco and had similar problems. After having such bad experiences, we decided to do some serious research. We found an article in Consumer...
by gouldnm
Thu Mar 29, 2018 3:58 pm
Forum: Personal Consumer Issues
Topic: Amica Increase
Replies: 59
Views: 7095

Re: Amica Increase

Years ago I had State Farm and filed a homeowner's claim. I had a horrible experience getting them to pay for a tree that fell on our house. Then I switched to Safeco and had similar problems. After having such bad experiences, we decided to do some serious research. We found an article in Consumer ...
by gouldnm
Sat Jan 27, 2018 8:16 pm
Forum: Investing - Theory, News & General
Topic: Need for Education in Investing
Replies: 4
Views: 331

Need for Education in Investing

This article that appeared in today's Washington Post seems to highlight the need to teach people the basics of investing. There are too many people in the world who just don't have any idea how to manage their retirement accounts. Why don't more schools have classes to teach this stuff? It's clearl...
by gouldnm
Tue Jan 23, 2018 6:44 pm
Forum: Investing - Theory, News & General
Topic: Is Anybody Else Freaked Out By the Rapidly Escalating Stock Market?
Replies: 40
Views: 4464

Re: Is Anybody Else Freaked Out By the Rapidly Escalating Stock Market?

Let me clarify my original question. There are actually two questions: #1. Is anybody else worried about a crash and/or is a crash likely? #2. What is causing the sudden increase? Is it related to the tax cut? Regarding #2, I am NOT asking people's opinions about what they think about the current Ad...
by gouldnm
Tue Jan 23, 2018 6:13 pm
Forum: Investing - Theory, News & General
Topic: Is Anybody Else Freaked Out By the Rapidly Escalating Stock Market?
Replies: 40
Views: 4464

Is Anybody Else Freaked Out By the Rapidly Escalating Stock Market?

As I'm sure most of you are aware, the stock market has been escalating very rapidly since the new year. As thrilled as I am by how much I have made in just three weeks, I'm also getting very nervous because "what goes up must come down". Is this all because of the recent tax cuts? As a person who w...
by gouldnm
Sun Dec 24, 2017 7:26 pm
Forum: Personal Consumer Issues
Topic: Downsizing - How much to invest in a house before selling?
Replies: 41
Views: 5550

Re: Downsizing - How much to invest in a house before selling?

All real estate is local. In the markets in which I've owned and sold property, however, auctions did not NET the owner what I would view as the best price. There are significant auction fees and (in the case of firms operating in areas with which I am familiar) many expenses are charged against pr...
by gouldnm
Thu Dec 21, 2017 5:37 pm
Forum: Personal Consumer Issues
Topic: Downsizing - How much to invest in a house before selling?
Replies: 41
Views: 5550

Re: Downsizing - How much to invest in a house before selling?

My husband and I will be in a similar situation in a few years. Our problem is that we live in a townhome and the person next to us refuses to maintain her home. So even if we put a lot of money into upgrades, there's still a chance that any potential buyers will be turned off by our neighbor's hous...
by gouldnm
Wed Nov 22, 2017 1:44 pm
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 98
Views: 7096

Re: Where did you first learn about investing?

I learned mostly by dumb luck. My parents grew up during the Great Depression and instilled in me the importance of saving. Nothing about strategy or compounding interest, just that it was important to save. When I was 23, I came across $10,000 (long story) and didn't know what to do with it. My fat...
by gouldnm
Tue Jul 25, 2017 10:00 am
Forum: Personal Consumer Issues
Topic: State Farm vs Penn National- auto, renters, umbrella?
Replies: 58
Views: 7343

Re: Why does State Farm have poor reviews?

I live in the mid-Atlantic and had a really bad experience with State Farm. I now use AMICA. A few years ago a tree fell on our house. We got a quote for about $2200 to fix the roof--State Farm refused to pay. We asked who they would trust to give us an estimate, and they gave us a list of names. We...
by gouldnm
Tue Apr 18, 2017 2:09 pm
Forum: Personal Consumer Issues
Topic: You can never go "home" - retirement
Replies: 85
Views: 15117

Re: You can never go "home" - retirement

I, too, grew up in a small town on one of the Great Lakes. It was beautiful, but extremely economically depressed. Most of the people I grew up with left and the handful who stayed tended to be the kinds of people with no ambition or curiosity about the outside world. I wouldn't mind going back to v...
by gouldnm
Tue Sep 13, 2016 8:32 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3406
Views: 1014311

Re: What Book Are You Currently Reading? Part VI

I just finished reading one of the best books that I have read in a long time. It's called "The Chaneysville Incident" by David Bradley. I'm not sure how to characterize it, but it has elements of history, mystery, and even horror. It's about an African-American man who goes back to his hometown in ...
by gouldnm
Fri Jun 17, 2016 5:43 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3406
Views: 1014311

Re: What Book Are You Currently Reading? Part VI

You might want to wait until you finish the book before you decide about how far we've come. That said, it is a great book. Read it a few years ago and thought it was one of the best books of its genre I've read in many a year. A stellar effort, imho. Regardless of how the book ends, I DO think we'...
by gouldnm
Fri Jun 17, 2016 5:13 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3406
Views: 1014311

Re: What Book Are You Currently Reading? Part VI

I've been reading "Matterhorn", a book about Vietnam. The author, Karl Marlantes, was a marine during the war and based the book on his actual experiences there. It's a great read if you want to get a feel for what the day-to-day life of a soldier in combat during Vietnam was really like. One inter...
by gouldnm
Fri Jun 17, 2016 2:56 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3406
Views: 1014311

Re: What Book Are You Currently Reading? Part VI

I've been reading "Matterhorn", a book about Vietnam. The author, Karl Marlantes, was a marine during the war and based the book on his actual experiences there. It's a great read if you want to get a feel for what the day-to-day life of a soldier in combat during Vietnam was really like. One inter...
by gouldnm
Thu Jun 16, 2016 3:06 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3406
Views: 1014311

Re: What Book Are You Currently Reading? Part VI

I've been reading "Matterhorn", a book about Vietnam. The author, Karl Marlantes, was a marine during the war and based the book on his actual experiences there. It's a great read if you want to get a feel for what the day-to-day life of a soldier in combat during Vietnam was really like. One intere...
by gouldnm
Mon Oct 05, 2015 10:58 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3406
Views: 1014311

Re: What Book Are You Currently Reading? Part VI

Just finished "An Officer and a Spy: A Novel" by Robert Harris, a writer of some pretty decent thrillers. It concerns the Dreyfus Affair, which tore France apart in the late 19th century. Well written, and sticks very close to the actual history. Makes the culture war, as it were, in France underst...
by gouldnm
Tue Jun 30, 2015 3:54 pm
Forum: Personal Consumer Issues
Topic: Purchase '98 Toyota Camry?
Replies: 40
Views: 5699

Re: Purchase '98 Toyota Camry?

Actually, I see the OP lives in the Washington, D.C. area, which is where I live. So I would expect he'd have the same issues with rust that I do.
by gouldnm
Tue Jun 30, 2015 3:48 pm
Forum: Personal Consumer Issues
Topic: Purchase '98 Toyota Camry?
Replies: 40
Views: 5699

Re: Purchase '98 Toyota Camry?

... last winter I had an oil leak, and the part alone was $4,000... $4,000 for an oil leak? Did you bust the engine open? I don't remember the details (and I'm not a mechanical person), but the issue was the part itself, which was very expensive. If I remember correctly, it had rusted out, and that...
by gouldnm
Tue Jun 30, 2015 3:45 pm
Forum: Personal Consumer Issues
Topic: Purchase '98 Toyota Camry?
Replies: 40
Views: 5699

Re: Purchase '98 Toyota Camry?

new2bogle wrote:
gouldnm wrote:... last winter I had an oil leak, and the part alone was $4,000...

$4,000 for an oil leak? Did you bust the engine open?
by gouldnm
Mon Jun 29, 2015 11:10 am
Forum: Personal Consumer Issues
Topic: Purchase '98 Toyota Camry?
Replies: 40
Views: 5699

Re: Purchase '98 Toyota Camry?

I drive a 1999 Camry with about 120,000 miles on it. I was the original owner and have been meticulous about maintaining it. That being said, the last few years I have had to put increasingly large amounts of money into fixing things that were just wear and tear. For example, last winter I had an oi...
by gouldnm
Mon Jun 22, 2015 7:24 pm
Forum: Personal Consumer Issues
Topic: Identity Theft Protection and Insurance
Replies: 4
Views: 785

Re: Identity Theft Protection and Insurance

The same exact scenario happened to me, and I, too, am looking for a sensible method of ID theft prevention. A friend of mine recommended to simply freeze my credit at the three bureaus. I'm not sure that this is necessary, and I'd like to hear some common sense solutions. And even if you did freez...
by gouldnm
Mon Jun 22, 2015 6:54 pm
Forum: Personal Consumer Issues
Topic: Identity Theft Protection and Insurance
Replies: 4
Views: 785

Identity Theft Protection and Insurance

In the last year my husband and myself have been the victims of numerous cases identity theft. When we went to file our taxes, we found out that his social security number had been hacked. At about the same time somebody managed to get a hold of my credit card number. Apparently, they made a false c...
by gouldnm
Thu Jun 11, 2015 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Amica Insurance
Replies: 37
Views: 7191

Re: Amica Insurance

Years ago we had State Farm Insurance. We had a tree fall on our house during a hurricane. We received several estimates, and they were all in the ball park of around $2,000. Yet they refused to pay that amount, and would only give us about $600 to do a cheaper repair. Our house never did look the s...
by gouldnm
Thu Jun 11, 2015 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Amica Insurance
Replies: 37
Views: 7191

Re: Amica Insurance

The homeowner's claim was from a burst water pipe in the attic... 2 weeks before we had planned to put the house on the market. The mold mitigation process even rendered the house unusable for 3 nights. Everything was handled quickly. Our master bedroom had to have the ceiling repaired and re-popco...
by gouldnm
Tue Jun 09, 2015 12:18 pm
Forum: Personal Consumer Issues
Topic: Problem with Social Security Website
Replies: 8
Views: 1073

Re: Problem with Social Security Website

It doesn't seem likely that someone hijacked the account. My husband was able to confirm his username two different ways. First, he requested that his username be sent to his e-mail address. He had to answer three personal questions, and the system sent the username to his e-mail account (the correc...
by gouldnm
Tue Jun 09, 2015 11:52 am
Forum: Personal Consumer Issues
Topic: Problem with Social Security Website
Replies: 8
Views: 1073

Re: Problem with Social Security Website

Not yet. But I can get into my account just fine!
by gouldnm
Tue Jun 09, 2015 11:33 am
Forum: Personal Consumer Issues
Topic: Problem with Social Security Website
Replies: 8
Views: 1073

Problem with Social Security Website

My husband has been trying to log in to his account on the Social Security Admin. web site. When he typed in his userid, it said "Account Not Found". So he tried creating a new account, but he gets a message saying that the account for that SSN already exists. He then called up the Social Security A...
by gouldnm
Fri Jun 05, 2015 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Federal Employment
Replies: 86
Views: 13077

Re: Thoughts on Federal Employment

One other benefit I have with my job: We're allowed to work a compressed schedule (9 hour days) and get every other Friday off. So every other weekend is a long weekend. Add that to the fact that a lot of federal holidays tend to be on Mondays, and we get a lot of 4-day weekends. Disclaimer: I don't...
by gouldnm
Wed Jun 03, 2015 3:56 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3406
Views: 1014311

Re: What Book Are You Currently Reading? Part VI

Sometimes you go through a drought, and then get a deluge. Three books I've read or am reading, which are exceptional, are: Roads Taken, the great Jewish migrations to the new world and the peddlers who forged the way, by Hasnia R. Diner.....excellent book, many personal anecdotes, a bit much of wh...
by gouldnm
Wed Jun 03, 2015 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Federal Employment
Replies: 86
Views: 13077

Re: Thoughts on Federal Employment

As much as I'd love the job security, going private sector pays much better in my field. I'll likely be able to retire a decade sooner than I had planned as a result. There's a reason why jobs in private industry frequently pay higher than the govt. There is more risk involved: http://www.nytimes.c...