Search found 2012 matches

by mmmodem
Sun May 24, 2020 10:12 pm
Forum: Personal Consumer Issues
Topic: What phone to buy after iPhone 7 Plus
Replies: 16
Views: 1277

Re: What phone to buy after iPhone 7 Plus

My iPhone 7 Plus is not able to take calls and camera sometimes won’t take pictures. I’m ready to upgrade but I HATE the notch on newer phones. Seems like the only thing to do is to get an iPhone 8 Plus from eBay for about $400-440. Has anyone been able to hide the notch on newer phones? I’m stuck ...
by mmmodem
Sun May 24, 2020 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed regarding debt
Replies: 41
Views: 2967

Re: Advice Needed regarding debt

I think you’re concentrating too much on her credit score. With credit like that anything she does to settle her debt will only improve it. I’m willing to bet if she calls in to Dave Ramsey or takes his Financial Peace University course, he will say: 1. No bankruptcy 2. Sell car, buy a clunker 3. Se...
by mmmodem
Sun May 24, 2020 8:52 pm
Forum: Personal Consumer Issues
Topic: Update current laptop or buy new one?
Replies: 26
Views: 1291

Re: Update current laptop or buy new one?

I’m cheap. I have a 2 year old Celeron laptop with 4 gb ram that is about half the speed of your i5. I upgraded the SSD for $30 to 128 gb. I would not upgrade ram because the cpu is the bottleneck at this point not ram. I would say the same to you. Go with an SSD and stop there. 6 gb to 8 gb will ma...
by mmmodem
Sun May 24, 2020 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 300
Views: 20491

Re: The axe falls and I am prepared. What's next?

You'll get no congratulations or commiserations from me. My company also announced layoffs and furloughs this week but I was not one of the lucky ones. I am still, unfortunately, still gainfully employed. What happened to you is exactly what should've happened to me. That is, someone pays me to reti...
by mmmodem
Sun May 24, 2020 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Little decrease in premium after removing older car
Replies: 15
Views: 1240

Re: Little decrease in premium after removing older car

Talking about insurance that don't make sense. I bought a new car and added it to my insurance immediately. A few weeks later I removed the older vehicle from my insurance. I intended to give the older car to my dad. Not only did my premium not go down, it went up a few dollars. I asked the insuranc...
by mmmodem
Sun May 24, 2020 10:08 am
Forum: Investing - Theory, News & General
Topic: Why did you change your investing approach?
Replies: 26
Views: 1360

Re: Why did you change your investing approach?

As I learned more about investing over the years, I have changed my investing approach to be weighted towards equities. I did this because I realized when markets crash my account goes down more; however, when the market has good days I get to fully participate the those gains. If you ever changed ...
by mmmodem
Sun May 24, 2020 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Two kids, how to divide 529 allocation?
Replies: 11
Views: 1291

Re: Two kids, how to divide 529 allocation?

Given that money is fungible and the 529 beneficiary can be changed, it doesn't really matter who we underfund or overfund now. They will all get the same amount from their parents for college. Thus, the same amount or close to same amount goes into their accounts. The older one has a head start so ...
by mmmodem
Sat May 23, 2020 11:57 am
Forum: Personal Investments
Topic: Has anyone ever used their Emergency Fund?
Replies: 82
Views: 6082

Re: Has anyone ever used their Emergency Fund?

As I consider beefing up my Emergency Fund, I can't help but to think about the opportunity cost associated with not investing that additional cash in the market. So am trying to strike that balance between securing enough cash in case of an emergency vs. putting that cash to work in the market. I'...
by mmmodem
Fri May 22, 2020 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Renting house to in-laws
Replies: 22
Views: 1611

Re: Renting house to in-laws

If you do rent to them it would be good to discuss all expectations from both parties to assure a continued good relationship. I recall a forum thread years ago where a poster had rented to his in-laws with the condition that grandparents would also perform so many hours of babysitting. You can see...
by mmmodem
Fri May 22, 2020 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Car or Train? Plus, Used Car (Make/Model/Year) Recommendations for Long Commute
Replies: 36
Views: 1258

Re: Car or Train? Plus, Used Car (Make/Model/Year) Recommendations for Long Commute

I used to drive 1-1.5 hours one way to work. I bought a $5000 Prius to go to work. Cost had nothing to do with my decision to buy a car. It only affected my decision to buy a Prius instead of a different vehicle. The Prius was the lowest cost not just due to fuel but in maintenance, repairs, and ins...
by mmmodem
Fri May 22, 2020 7:12 am
Forum: Personal Consumer Issues
Topic: Email for young teen with ability to auto delete nasty spam
Replies: 32
Views: 2122

Re: Email for young teen with ability to auto delete nasty spam

My suggestion is to accept it. I have a 9 year old. Her Gmail account also fills with spam as does mine and her mother's. It's a problem we all have to deal it. There are myriad ways hackers get our emails. The only way to stop it is to not give out our emails. We can choose to accept the problem an...
by mmmodem
Wed May 20, 2020 5:51 pm
Forum: Personal Consumer Issues
Topic: Apple iPad vs Notebook
Replies: 43
Views: 1955

Re: Apple iPad vs Notebook

So exactly what is the cellular option needed for if you can simply use the hotspot on the phone? If this intended for folks who don't have the internet (albeit 99.9% I'm sure do)? The cellular option is needed if you can't hotspot your phone. For example, I have a work phone and I'm not allowed to...
by mmmodem
Wed May 20, 2020 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Covid impact: CA license renewal and REAL ID
Replies: 13
Views: 1005

Re: Covid impact: CA license renewal and REAL ID

I renewed my license without Real ID. The alternative would be to stand in line at the DMV petri dish in August during a second wave. No thanks. I'm not even going to get the Real ID next year. I'll get it next time my DL expires. I'll fly with my passport. No big deal versus the alternative.
by mmmodem
Wed May 20, 2020 11:12 am
Forum: Personal Investments
Topic: $15,000 bonus
Replies: 20
Views: 2739

Re: $15,000 bonus

Roth IRA all the way. No money is being mixed. Money is coming out of your pocket and going into the kid's education. It's as simple as that. That means whatever is best for your money is also best for their college education. Roth IRA beats taxable all day long. This is the general order: 1. HSA 2....
by mmmodem
Tue May 19, 2020 7:31 pm
Forum: Personal Consumer Issues
Topic: Apple iPad vs Notebook
Replies: 43
Views: 1955

Re: Apple iPad vs Notebook

I bought the current model iPad 7th gen 32 gb 10.2 inch. It's currently on sale for $250. Don't buy the cellular model because you can tether off your cell phone. I do everything on the cloud. When we go on trips, I download SD movies. HD movies take up too much space. I can hardly tell the quality ...
by mmmodem
Tue May 19, 2020 7:10 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring Help
Replies: 68
Views: 2914

Re: Engagement Ring Help

1) I looked online and in store but ultimately bought online because I wanted to buy from ethically sourced diamonds. 2) I bought the best cut I could afford. I did not splurge. I did feel bad for DW every once in awhile a friend shows off their ring and it is always substantially larger than what I...
by mmmodem
Tue May 19, 2020 12:55 pm
Forum: Personal Consumer Issues
Topic: Potential relocation, how concerned should I be with a 4/10 school?
Replies: 32
Views: 2450

Re: Potential relocation, how concerned should I be with a 4/10 school?

Here's our experience: Upon research, we concluded that parents make more of a difference on a child's education than the school. Thus, we moved into a home where the assigned elementary school had a 3 rating. Our plan was to sign up for an interdistrict transfer to a school less than a mile away wi...
by mmmodem
Tue May 19, 2020 11:17 am
Forum: Personal Finance (Not Investing)
Topic: How did you determine your target savings rate?
Replies: 109
Views: 4583

Re: How did you determine your target savings rate?

I've heard 15% as a minimum for savings for an average career life and an average retirement. I prefer to FIRE so I set a goal of maxing out tax advantaged accounts before I spend on luxury. Some years, we make that goal, some years we do not. That's $19500 + 401k + 2 x $6000 Roth IRA + $7100 HSA = ...
by mmmodem
Mon May 18, 2020 6:40 am
Forum: Personal Consumer Issues
Topic: Is there a Cable Guy in the House?
Replies: 41
Views: 3355

Re: Is there a Cable Guy in the House?

I would be hesitant to recommend a power line adapter. How well they work is very hit or miss, as you experienced, and you can't use surge protectors with them. Do you really want expensive equipment connected directly to power without any kind of surge protection? You can say the same thing about ...
by mmmodem
Sun May 17, 2020 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: How to decide on what type of Housing is most appropriate? DINKS - Late 30s
Replies: 18
Views: 1480

Re: How to decide on what type of Housing is most appropriate? DINKS - Late 30s

When we were DINKs, we were renting a 2 bed apartment with a roommate. When it came time to buy, the housing market and rent to own calculators had no impact on our decision to buy an 800 sqft 2 bed home. There are only two criterias to buy a home. We can afford it and we plan to stay in the area ma...
by mmmodem
Sun May 17, 2020 2:32 pm
Forum: Personal Consumer Issues
Topic: Is there a Cable Guy in the House?
Replies: 41
Views: 3355

Re: Is there a Cable Guy in the House?

You could move your Spectrum modem to your Apple TV. You might need a splitter. You can't have two. Either leave it where it is or move over to your Apple TV. You don't need to call anyone. Just move it. It'll either work or not and you put it back. Or You can install the mesh system you have on ord...
by mmmodem
Sun May 17, 2020 1:29 pm
Forum: Personal Investments
Topic: Saving for a home with student loans
Replies: 12
Views: 746

Re: Saving for a home with student loans

$175k pretax, married filing jointly, saving $0 towards 401k, and contributing $0 towards health insurance leaves you with about $127k after tax income. Tough to live on $27k ... I meant pre-tax. I'm not going to calculate OP's take home pay because I don't have enough information do that. $27k pos...
by mmmodem
Sun May 17, 2020 7:29 am
Forum: Personal Investments
Topic: Saving for a home with student loans
Replies: 12
Views: 746

Re: Saving for a home with student loans

Simple. Take $100k every year to pay off student loans. Live on $75k a year. The loan will be paid off in a little over 3 years. You'll have about ~$80k saved after a little over year 4. Simple. Didn't say easy. Not too long ago we lived off a single income of $85k a year in the Bay Area with a fami...
by mmmodem
Sat May 16, 2020 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Do you need to worry about receiving college financial aid in 15 years if...
Replies: 28
Views: 2345

Re: Do you need to worry about receiving college financial aid in 15 years if...

the amount you have in the 529 will not matter in any formulas. It will however give you a tax break (maybe) on college costs. You won't be taxed on gains, but you won't be able to deduct losses. People on this board tend to focus way to hard on financial aid. There is a small demographic that gets...
by mmmodem
Fri May 15, 2020 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Do you need to worry about receiving college financial aid in 15 years if...
Replies: 28
Views: 2345

Re: Do you need to worry about receiving college financial aid in 15 years if...

Yes, because what you expect can be wrong. I expect my children to receive zero financial aid other than loans. I prepare for this by NOT investing in a 529 or similar until retirement accounts are maxed out. If I am right, I will be well off. I will have to pay their tuition out of pocket, stop sav...
by mmmodem
Fri May 15, 2020 10:42 pm
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10359

Re: Please tell me I'm not crazy

mega317 wrote:
Fri May 15, 2020 10:24 pm
mmmodem wrote:
Fri May 15, 2020 10:21 pm
this is doomsday scenario so consider I was fired for negligence or died.
You need more insurance if death is a doomsday scenario.
Just enough to so that there is no suspicion on the surviving spouse. :mrgreen:
by mmmodem
Fri May 15, 2020 10:39 pm
Forum: Personal Consumer Issues
Topic: Must carry more than one credit card
Replies: 53
Views: 3405

Re: Must carry more than one credit card

I've had this happen multiple times. Unfortunately, this is not isolated to Citibank. It's the price we must pay for security and convenience of credit cards. Obviously, I would prefer the fraud department to allow me to make a legitimate purchase. However, a few false positives and their associated...
by mmmodem
Fri May 15, 2020 10:21 pm
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10359

Re: Please tell me I'm not crazy

I can't really tell you what you should do. I can only tell you what we did. I never had an EF while single. All savings were invested aggressively. I was young and lived at home. When we got married, we decided to have a 6 month EF in a high yield savings account. This slowly increased to 12 months...
by mmmodem
Thu May 14, 2020 12:55 pm
Forum: Personal Consumer Issues
Topic: Cheap Chromebook vs Laptop PC quality/options for child
Replies: 40
Views: 2137

Re: Cheap Chromebook vs Laptop PC quality/options for child

I'm not a fan of Chromebooks. They are good if all you do is on the internet. I want to be able to run tax software and be able to run office software without an internet connection. There are good and bad build quality Chomebooks just as there are for PC's. It depends on the price range. Last month...
by mmmodem
Tue May 12, 2020 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Hang on to old car or buy new one?
Replies: 38
Views: 2084

Re: Hang on to old car or buy new one?

Yup, I would swap cars. The Acura also just had a lot of maintenance and repair done on it. That means it'll likely go without much more in the near future especially with less driving that you do. My 2009 Ford Escape had $1000 worth of work done to it last year with new tires. This year? $75 for an...
by mmmodem
Mon May 11, 2020 5:15 pm
Forum: Personal Consumer Issues
Topic: Percentage of savings to "prepping"?
Replies: 132
Views: 8259

Re: Percentage of savings to "prepping"?

I think we'll just have to accept the fact that when the Apocalypse comes, we're just going to die. I have no useful outdoor skill whatsoever. We have a couple of weeks worth of food at home. Maybe up to a month depending on if it's a shopping day. DW bought one of those $200 bucket of emergency foo...
by mmmodem
Mon May 11, 2020 5:06 pm
Forum: Personal Consumer Issues
Topic: Android: how to measure GB usage
Replies: 12
Views: 452

Re: Android: how to measure GB usage

We just assumed the 2GB increment was for the 70 minute webnar. Are you saying the hotspot usage is not tracked by the meter? 2 gb sounds about right for a 70 minute video. Like a previous poster said, if the count went up after a video then hotspot data is being counted. I'm stumped. Time to scree...
by mmmodem
Mon May 11, 2020 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Car Insurance; Bad Driver Penalty
Replies: 21
Views: 1669

Re: Car Insurance; Bad Driver Penalty

The penalty is ~36 months depending on when the mishap happened during our renewal cycle. YMMV. We chose to buy a clunker and assign the vehicle to the bad driver (me) liability only insurance. Most of the increase was for comprehensive and collision coverage. The other drivers on the plan were not ...
by mmmodem
Mon May 11, 2020 2:44 pm
Forum: Personal Consumer Issues
Topic: Android: how to measure GB usage
Replies: 12
Views: 452

Re: Android: how to measure GB usage

There is a difference between the server and your phone in that your phone will measure exact usage. Due to reception, sometimes the same information is sent twice because your phone never received it. Some servers round up to the kb even if it's a single emoji. So the server will always have a slig...
by mmmodem
Sun May 10, 2020 9:00 am
Forum: Personal Consumer Issues
Topic: New Laptop Recommendations
Replies: 49
Views: 3024

Re: New Laptop Recommendations

Agree with businesscasual. Anything you get in the $500 range will only be a marginally improvement in performance and many steps down in quality. Most laptops in this price are still dual core/4 thread processors with 8 GB ram.
by mmmodem
Sat May 09, 2020 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Credit score stalled after big purchase
Replies: 24
Views: 1388

Re: Credit score stalled after big purchase

This may be it, because, even the absence of loans in my debt type can't explain the fact that the score remained the same for 4-5 months after the loan is cancelled. If nothing has changed in your credit history in 4-5 months, why would your score change? You already have a high credit score. It w...
by mmmodem
Fri May 08, 2020 10:34 pm
Forum: Personal Consumer Issues
Topic: Is it worth buying an infant car seat for each car.
Replies: 71
Views: 3144

Re: Is it worth buying an infant car seat for each car.

No, I would not. Yes, we have 6 car seats. 3 for each car. We're the benefit of having older siblings with kids who've outgrown their car seats. We also have 2 bases for the infant carrier. There's only one reason to have more than 1 baby carrier and that's if you have more than 1 baby. Also keep in...
by mmmodem
Fri May 08, 2020 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Easy $200 from Penfed?
Replies: 52
Views: 5397

Re: Easy $200 from Penfed?

1. Deposit $1200 How are you planning on doing this? Actual cash at an ATM? Mobile check deposit? ACH transfer? Paycheck direct deposit? I'm not sure if I am overanalyzing it. I wish the words were to fund the account $1200 total. I'm at the point of writing myself a check for $1200 for mobile depo...
by mmmodem
Fri May 08, 2020 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Credit score stalled after big purchase
Replies: 24
Views: 1388

Re: Credit score stalled after big purchase

ThisJustIn wrote:
Fri May 08, 2020 3:45 pm
Is it because I don't have a car loan now?
Yes.
But don't carry a car loan just to increase your score. A score of 738 will qualify for just about the best rates for anything. With more time and history, your score will go up again.
by mmmodem
Fri May 08, 2020 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: First time home sale, Qs about using Realtor [SF Bay Area]
Replies: 8
Views: 513

Re: First time home sale, Qs about using Realtor [SF Bay Area]

Half of the 6% is for the selling realtor and half for the buying realtor. I've worked with realtors that would take 2% but there's no incentive for the buyer to give me a discount so the cost would still be 5%. I sold a home 2 years ago in the Bay Area and relocated to the East Coast. I don't know ...
by mmmodem
Thu May 07, 2020 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Easy $200 from Penfed?
Replies: 52
Views: 5397

Re: Easy $200 from Penfed?

As a point of reference, 10-year penfed member with a credit freeze, trying to apply for the checking account gave a weird message that my paperwork was on the way and I would have to sign it and return it. So I emailed them. They replied 2 days later that no, my paperwork was not on the way, and w...
by mmmodem
Thu May 07, 2020 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing not to correct all billing/financial errors
Replies: 68
Views: 4586

Re: Choosing not to correct all billing/financial errors

YES! Thank you, for this thread. I've been a slave to this my entire life. I think you all make good points and I'm just going to let it go. It's not worth the aggravation. I'll still do Google rewards surveys for a dime a minute because I enjoy it. I won't bother with small discounts that get left ...
by mmmodem
Wed May 06, 2020 2:42 pm
Forum: Personal Consumer Issues
Topic: 2020 travel plans
Replies: 95
Views: 4405

Re: 2020 travel plans

We are not planning any trips this summer not due to fear but because we do not want to participate in a second wave that medical professionals are predicting will happen. We have a wedding in CA in September. We were in the midst of buying plane tickets in March as shutdowns happened. I think it's ...
by mmmodem
Tue May 05, 2020 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Easy $200 from Penfed?
Replies: 52
Views: 5397

Re: Easy $200 from Penfed?

I just signed up for an account last week. I don't have the offer email. How can I check to see if I have the offer? From their website: https://www.penfed.org/offer/d/checkingpromo? Thank you! I did check the website before asking but let's just say I was sloppy and missed it. Edit: Darn. Looks li...
by mmmodem
Tue May 05, 2020 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Easy $200 from Penfed?
Replies: 52
Views: 5397

Re: Easy $200 from Penfed?

I just signed up for an account last week. I don't have the offer email. How can I check to see if I have the offer?
by mmmodem
Sun May 03, 2020 2:20 pm
Forum: Personal Consumer Issues
Topic: Does Hyundai Elantra Defect Cause Real Danger?
Replies: 11
Views: 830

Re: Does Hyundai Elantra Defect Cause Real Danger?

I don't know anything about anything. What are the chances of you getting into an accident driving 200 miles roundtrip? That's 4 hours plus gas. Based on the text of the recall you typed, if it were me, I'd keep the recall in mind next time I have a road trip and schedule a stop at a Hyundai dealer ...
by mmmodem
Sun May 03, 2020 6:24 am
Forum: Personal Finance (Not Investing)
Topic: Lease is up--what would you do?
Replies: 57
Views: 5704

Re: Lease is up--what would you do?

Can I assume you are not a landlord? Most landlords would be unhappy if a tenant does a repair and deduct without prior authorization, and that includes moi. Unfortunately, I am a landlord. I apologize if it sounded like I hand a blank check to my tenant. All repairs outside of emergencies require ...
by mmmodem
Sat May 02, 2020 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Lease is up--what would you do?
Replies: 57
Views: 5704

Re: Lease is up--what would you do?

I'll enter a counterpoint here. So far nothing you've said about your landlord is atypical to me. I've heard much worse for landlords. Her motives are pretty clear. Of course she wants you to stay at the home. You pay your rent on time. All she wants is a 12 month lease so she doesn't have to fix up...
by mmmodem
Sat May 02, 2020 11:05 am
Forum: Personal Consumer Issues
Topic: Why doesn't Porsche have better resale value?
Replies: 50
Views: 5387

Re: Why doesn't Porsche have better resale value?

I think your question is backwards. According to this article and used prices, Porsches have some of the highest resale values. 911's especially hold their value exceptionally well. No doubt this is due to their high reliability. The Porsche Macan is the most reliable vehicle in it's segment accordi...
by mmmodem
Fri May 01, 2020 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card fraud? Prank?
Replies: 20
Views: 1070

Re: Credit card fraud? Prank?

Search package rerouting fraud. 1. You receive a package you didn't order. 2. You call the store to report fraud and the store confirms this and sets up return shipping for the product. 3. FedEx or UPS returns the next day to pick up the package But the fraudster actually scheduled a legitimate pick...