Search found 235 matches

by leeks
Tue Nov 20, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 97
Views: 8932

Re: Weigh in on our Marital Argument =)-- HCOL edition

Do not move to the suburbs. Keep prioritizing a short commute. Move to get more space. Get a fully functional kitchen if it would mean more cooking at home. We recently upgraded to a larger space in our NYC area (similar income) and the better kitchen has been the best part. Although guest space (fi...
by leeks
Thu Nov 15, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Wait, do I need a prenup?
Replies: 63
Views: 6615

Re: Wait, do I need a prenup?

I dont know why prenups are a big deal either? Its a legal binding contract, correct? WHAT DO YOU THINK MARRIAGE IS? Marriage is also a legal binding contract recognized by the state. As all of you who are married know...you had to go to some local state building and sign some paperwork. That made ...
by leeks
Thu Nov 15, 2018 9:42 am
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 4295

Re: Does Early Retirement Make You Live Longer?

It's just fake data. Easy to find other studies with the opposite correlation.
https://www.cbsnews.com/news/does-worki ... -lifespan/
Image
by leeks
Thu Nov 15, 2018 9:29 am
Forum: Personal Consumer Issues
Topic: Dumb question about bedding and comforters
Replies: 20
Views: 1671

Re: Dumb question about bedding and comforters

You may want to look at IKEA if you decide on buying a cover. Prices may be more reasonable. +1 Yes, if you don't have an IKEA nearby, you can get a duvet cover for about $30 + $9 shipping on their website. But since you probably already have a top sheet, just use that between you and the comforter...
by leeks
Thu Nov 15, 2018 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Wait, do I need a prenup?
Replies: 63
Views: 6615

Re: Wait, do I need a prenup?

To me it seems like planning for your marriage to end. In which case, why get married? +1 Why bother getting married? You don't trust each other. Going into it with an exit strategy in mind would encourage either one of you to walk away whenever you face a difficult patch (which most marriages do f...
by leeks
Wed Nov 14, 2018 9:47 pm
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 36
Views: 2241

Re: 30" or 36" induction range for remodel?

What does your architect/kitchen designer say? You do have one, right? I do have one. She's saying that either one will look great, so it's really down to what I want. You are definately overthinking this. Your designer isn't pushing for a change. Keep the one you already have and with which you ar...
by leeks
Wed Nov 14, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Accuracy of Zillow/Trulia/Redfin Estimates
Replies: 51
Views: 4408

Re: Accuracy of Zillow/Trulia/Redfin Estimates

Not accurate for individual properties in any way. I'd say the market value of typical single-family homes with no special conditions are likely to be within 20% of the estimate, but sometimes even those can be very far off. The estimates are useful for things like comparing different cities/neighbo...
by leeks
Tue Nov 13, 2018 10:54 am
Forum: Personal Consumer Issues
Topic: Favorite "free stuff"?
Replies: 137
Views: 10574

Re: Favorite "free stuff"?

Email account. I rely on it every day. I would gladly pay for a better one but can't seem to find anything that seems much better.
by leeks
Tue Nov 13, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: tipping for grocery delivery
Replies: 53
Views: 4053

Re: tipping for grocery delivery

Not to mention the periods of their shift when there aren't that many tables. If wait staff were so over-paid, then it would make sense for you quit your job and take that up. Those of us who have worked in restaurants almost always tip generously and consider it part of the cost of a restaurant me...
by leeks
Tue Nov 13, 2018 9:48 am
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 111
Views: 9536

Re: Granddaughter needs $ help for university

As others have mentioned, you will need to get the full picture of the college expenses and funding before you commit to anything. Loans are usually lined up before the start of the academic year so this does seem like an unexpected situation. And it seems unlikely to have only scholarship plus a lo...
by leeks
Mon Nov 12, 2018 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: At what point does a life insurance policy not make sense?
Replies: 16
Views: 1763

Re: At what point does a life insurance policy not make sense?

Term life insurance can be so cheap (my $1 million policy is about $500/year) that there may be no need to overthink it. It seems nearly anyone with minor children should have it. We got it just before our first child was born, and upgraded to larger policies after the second. We will certainly keep...
by leeks
Mon Nov 12, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth it to rent our house?
Replies: 12
Views: 1003

Re: Is it worth it to rent our house?

Lower the price and sell
by leeks
Sun Nov 11, 2018 9:50 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 361
Views: 23582

Re: Rumour mill - Fidelity starting individual HSA's Nov. 15th

Would anyone be eligible to open one? Or only if you have a high deductible insurance plan?
by leeks
Sat Nov 10, 2018 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: buy a house or rent?
Replies: 5
Views: 791

Re: buy a house or rent?

Rent at least for the first year. You could always buy a condo later if you change your mind.
by leeks
Sat Nov 10, 2018 8:45 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3549

Re: International Travel during Maternity/Paternity

Our first started sleeping through the night at 14 months. I thought that was the worst it could be until our second who didn't do it until 21 months. I love international and adventure travel but no way would I recommend what you are proposing. I have stayed at home since the first was born. I was...
by leeks
Sat Nov 10, 2018 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: First-timer shopping for mortgage, compressed timeline w/ odd job situation
Replies: 13
Views: 1458

Re: First-timer shopping for mortgage, compressed timeline w/ odd job situation

This is not what you asked for but one of your options is to back out of the contract and rent when you initially move there. Then you can make a home purchase with a time frame that works. +1 You have at least seen the house in person, right? I don't understand why so many people insist on buying ...
by leeks
Sat Nov 10, 2018 8:09 pm
Forum: Personal Consumer Issues
Topic: tipping for grocery delivery
Replies: 53
Views: 4053

Re: tipping for grocery delivery

I tip $4-8 for grocery delivery in NYC, depending on order size. Tips are a large share of the income delivery workers earn. It is not required but it is customary. I don't think they would take the job for the base wages. It is worth it because they know that most customers tip.
by leeks
Sat Nov 10, 2018 7:54 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3549

Re: International Travel during Maternity/Paternity

Nothing is predictable. Every baby is different. Health, sleep, eating, etc. Even when you plan for one thing (for example breast feeding) life will throw a curve and you will have to do formula. Our baby was a HORRIBLE sleeper the first few months. Our first started sleeping through the night at 1...
by leeks
Sat Nov 10, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3549

Re: International Travel during Maternity/Paternity

Have you ever cared for an infant? If not, please get some experience babysitting before you plan this. I'd suggest you consider using your paternity time to be at home with your wife new baby as she heals from childbirth, instead of the last 6 weeks traveling the world! +1 Whatever you do, don't b...
by leeks
Sat Nov 10, 2018 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 95
Views: 7804

Re: Finances in NYC

(can be 4 months rent - first/last/security deposit/broker fee) If someone demanded that of me I would find another apartment. Lots of no-fee listings out there and usually the last month is the security deposit. It is the long-term cost that matters. For desirable places, the landlords can really ...
by leeks
Sat Nov 10, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 95
Views: 7804

Re: Finances in NYC

Definately don't do a long commute but closer parts of brooklyn/queens can be quick commute (by bicycle even). If your job is in midtown, look at woodside/sunnyside (there are some studios for 1400-1500, very safe/friendly/livable area). If your job is downtown, look at closest parts of Brooklyn (wo...
by leeks
Fri Nov 09, 2018 7:23 pm
Forum: Personal Consumer Issues
Topic: How to stop junk mail for a deceased person
Replies: 61
Views: 6062

Re: How to stop junk mail for a deceased person

If you ever move addresses, do not use USPS's "permanent" forwarding service (up to one year), as USPS will sell this information to the marketing folks. You can use USPS's "temporary" service, even if yours is a permanent move, so that USPS thinks you haven't moved. You can update the address for ...
by leeks
Fri Nov 09, 2018 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Health Insurance - Multiple Scenarios
Replies: 7
Views: 646

Re: Health Insurance - Multiple Scenarios

gatorphysics wrote:
Fri Nov 09, 2018 11:33 am
leeks wrote:
Fri Nov 09, 2018 9:55 am
Why can't the whole family be on your employer plan?
Family coverage through my employer pre-tax: $1850 per month.
You probably pay this for now and try to negotiate another raise and/or look for another job. Wouldn't your "close colleagues" also be experiencing this "pay cut"?
by leeks
Fri Nov 09, 2018 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance - Multiple Scenarios
Replies: 7
Views: 646

Re: Health Insurance - Multiple Scenarios

Why can't the whole family be on your employer plan?
by leeks
Fri Nov 09, 2018 8:57 am
Forum: Personal Consumer Issues
Topic: Moving to NYC without a job
Replies: 33
Views: 5058

Re: Moving to NYC without a job

As a NYC resident (transplant) for the past 11 years the advice that I give people is not to move here unless you have ample savings and at least 1 of the following 3 things: 1. A job lined up 2. A below-market deal on an apartment lined up 3. A really strong network of friends and family in NYC Go...
by leeks
Fri Nov 09, 2018 8:36 am
Forum: Personal Consumer Issues
Topic: Planning first international trip - London/Paris
Replies: 67
Views: 3354

Re: Planning first international trip - London/Paris

As someone who starts or ends a trip to France with 4 nights in Paris, I can't see the point of doing a day trip to the City of Light. Yes, Europe is smaller than the US, but it's not THAT small. And Paris (and many other popular cities) is crowded with tourists. Must-see sights have long lines. I ...
by leeks
Fri Nov 09, 2018 8:31 am
Forum: Personal Consumer Issues
Topic: Seeking Advice - Emergency Preparedness
Replies: 56
Views: 3308

Re: Seeking Advice - Emergency Preparedness

As you live alone, I would see the highest priority is ability to communicate. Assuming you have a landline phone connection, ensure you have a handset that works without electricity. An extra cell phone battery (as mentioned above) or something equivalent also makes sense. You mentioned that your h...
by leeks
Thu Nov 08, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: Moving to NYC without a job
Replies: 33
Views: 5058

Re: Moving to NYC without a job

You’re hoping your SO’s roommates won’t mind you staying there until you get a job?? What if it takes a few months? Unless it’s a huge penthouse and everyone has their own bathroom, there’s no way I would be happy to divide up my bathroom time with another person, especially of the opposite sex. Th...
by leeks
Thu Nov 08, 2018 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Are We In A Real Estate Bubble?
Replies: 112
Views: 13026

Re: Are We In A Real Estate Bubble?

Real estate is local. No bubble where I am. YMMV. No bubble here either. The bubble in Manhattan is deflating, some parts of outer boroughs are in bubble mode but the air is going to get taken out - the selling prices are far above agency conforming standards leaving them to either put more down an...
by leeks
Thu Nov 08, 2018 10:59 am
Forum: Personal Finance (Not Investing)
Topic: How to deposit cash in online account with no local branch
Replies: 45
Views: 4629

Re: How to deposit cash in online account with no local branch

I just do mobile deposits with USAA banking. $100,000 daily limit. How do you do a mobile deposit of cash, which is the OP's point? Photo deposit on their app. All of the major banks and a lot of little banks have this now. USAA has had theirs for years. Cash? You take a picture of cash, and that d...
by leeks
Thu Nov 08, 2018 10:06 am
Forum: Personal Consumer Issues
Topic: College graduation gift amount
Replies: 25
Views: 1783

Re: College graduation gift amount

If your child has graduated with no debt, that is an incredible gift. Cooking a nice dinner or going to a restaurant for the family to celebrate seems adequate.
by leeks
Thu Nov 08, 2018 9:52 am
Forum: Personal Consumer Issues
Topic: Moving to NYC without a job
Replies: 33
Views: 5058

Re: Moving to NYC without a job

Don't move here without a job. Without a job you cannot rent an apartment unless you're planning on some sort of sublet/couchsurfing situation via Craigslist. OP will be coming to live with a partner. So I would assume initial housing is covered, and that certainly makes moving without a job possib...
by leeks
Thu Nov 08, 2018 9:36 am
Forum: Personal Consumer Issues
Topic: Anyone here retire in two homes
Replies: 24
Views: 3069

Re: Anyone here retire in two homes

Do you have any friends/family in those places? I think it would be hard to try to develop new social networks in two different places if you haven't lived in either before or have existing relationships there. I have observed that the retired family/friends in our circle who seem most satisfied are...
by leeks
Wed Nov 07, 2018 11:45 am
Forum: Personal Consumer Issues
Topic: Christmas gift suggestions for 2.5 year old?
Replies: 20
Views: 933

Re: Christmas gift suggestions for 2.5 year old?

I agree with the membership idea. My grandmother would gift our family our local pool pass every year. It would get a ton of use all summer long. A local zoo, children's museum, history museum, arboretum, really anywhere you go that needs a membership is a great idea. Except the kid being talked ab...
by leeks
Wed Nov 07, 2018 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Move savings to Prime Money Market Fund (VMMXX)
Replies: 55
Views: 7497

Re: Move savings to Prime Money Market Fund (VMMXX)

I found the information and comparison tools on the Vanguard website very confusing for the different money market funds. I called vanguard asking for help distinguishing between the money market funds and the representative was not at all helpful regarding the tax status. She acted as if she didn't...
by leeks
Wed Nov 07, 2018 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Move savings to Prime Money Market Fund (VMMXX)
Replies: 55
Views: 7497

Re: Move savings to Prime Money Market Fund (VMMXX)

Also, for some people Federal MM might be easier, especially since it is the default sweep at Vanguard and works like a checking account for Vanguard Advantage Account holders. My check automatically gets deposited in Federal MM (you cannot do that for prime). I do not have to mess with a checking ...
by leeks
Tue Nov 06, 2018 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Are we in trouble?
Replies: 106
Views: 12724

Re: Are we in trouble?

I think OP has not painted a very complete picture because midway through the thread a 3rd property (paid off) that they plan to retire to appeared.. Yes, the sudden appearance of a third, paid-off house in an unnamed location changes everything. OP, what other big curve balls do you have for us? M...
by leeks
Tue Nov 06, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 14622

Re: How much money are you leaving your kids after you die?

We have no plans to leave money to our children after death - it could happen but not a goal.
by leeks
Tue Nov 06, 2018 2:19 pm
Forum: Personal Consumer Issues
Topic: Tips on alleviating caffeine withdrawal symptoms?
Replies: 18
Views: 1234

Re: Tips on alleviating caffeine withdrawal symptoms?

For some reason, I don't enjoy decaf coffee. Probably because I know what it isn't. As an alternative, I have been enjoying this stuff lately (trying to stick to only 1 cup of real coffee most days, so later in the day I have 1-2 cups of this): https://dandyblend.com/ I get it on Amazon. My only com...
by leeks
Mon Nov 05, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: asset allocation for a relative's 5K IRA
Replies: 15
Views: 696

Re: asset allocation for a relative's 5K IRA

Does he even understand the money is not accessible in an IRA? It was already in a Roth IRA before any of my involvement. It was originally managed by another relative who isn't able to do that any more. He understands it can only be used for retirement or toward a first-time home purchase otherwis...
by leeks
Mon Nov 05, 2018 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Son has job offer in Nashville, can he survive on base of 33K
Replies: 16
Views: 2472

Re: Son has job offer in Nashville, can he survive on base of 33K

Yes as long as he chooses affordable housing (he needs to be under $1,000/month in rent). He might need a roommate. This is assuming he has no large debt payments (student loans/car/credit card).
by leeks
Mon Nov 05, 2018 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: asset allocation for a relative's 5K IRA
Replies: 15
Views: 696

Re: asset allocation for a relative's 5K IRA

Does he even understand the money is not accessible in an IRA? It was already in a Roth IRA before any of my involvement. It was originally managed by another relative who isn't able to do that any more. He understands it can only be used for retirement or toward a first-time home purchase otherwis...
by leeks
Mon Nov 05, 2018 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: asset allocation for a relative's 5K IRA
Replies: 15
Views: 696

Re: asset allocation for a relative's 5K IRA

Dottie57 wrote:
Mon Nov 05, 2018 4:20 pm
BL wrote:
Mon Nov 05, 2018 3:50 pm
magicrat wrote:
Mon Nov 05, 2018 3:34 pm
To answer your question, I would use a Target Date Fund.

To answer a question you didn't ask, I would share with him some resources (e.g., If You Can) but otherwise decline to get involved.
+1
+2
I understand the sentiment. But I will not refuse the request.
by leeks
Mon Nov 05, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: asset allocation for a relative's 5K IRA
Replies: 15
Views: 696

Re: asset allocation for a relative's 5K IRA

What is the cash in now? Perhaps 20% could be in that instead of bonds so he would have at least that available for near term use just in case. Otherwise leaving it as suggested is not bad, even not touching it at all to re-balance. cash at the current brokerage is listed as "FDIC INSURED DEPOSIT A...
by leeks
Mon Nov 05, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: asset allocation for a relative's 5K IRA
Replies: 15
Views: 696

asset allocation for a relative's 5K IRA

I am seeking boglehead recommendations for someone else's asset allocation. I know it doesn't matter that much because the amount is small. And yes, his overall financial situation is obviously not what any of us would recommend. He has no clue about his "risk tolerance" and is not interested in und...
by leeks
Sun Nov 04, 2018 8:41 pm
Forum: Personal Consumer Issues
Topic: Neighbor wants to buy house out of blue but wants us to come up with offer
Replies: 31
Views: 5296

Re: Neighbor wants to buy house out of blue but wants us to come up with offer

barnaclebob wrote:
Sun Nov 04, 2018 5:03 pm
Sell him the first right of refusal when you go to sell.
+1
or maybe just make a verbal agreement that you will offer them the right of first refusal when you are ready to move, it doesn't really cost you anything to agree to this, then you can still move on *your* timeline instead of theirs
by leeks
Sat Nov 03, 2018 6:03 pm
Forum: Personal Consumer Issues
Topic: Softest Fabric or Brand for a Lady's Nightgown?
Replies: 10
Views: 1001

Re: Softest Fabric or Brand for a Lady's Nightgown?

hanro or calida cotton, available on amazon, not cheap
by leeks
Fri Nov 02, 2018 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: send your budget story to NPR
Replies: 1
Views: 712

send your budget story to NPR

some Bogleheads might want to submit their stories: "NPR is doing a series of personal finance stories with some looking at the best ways to make a budget and stick to it. We want to hear from people who are having trouble managing their spending and need to find a better way, as well as those who t...