Search found 94 matches

by yosh99
Tue Jun 05, 2018 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 50410

Re: How much money do you need to retire?

I'm 39 now and my plan is to retire at 55 with $1M. The reason that number is low is bc I will be able to pull a decent pension starting when I am 55. Unless you are a government employee, DO NOT assume that pension will be what you expect in 16 years. Your employee could end the pension and freeze...
by yosh99
Sat Jun 02, 2018 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Helping son buy a house
Replies: 33
Views: 2967

Helping son buy a house

I know this has been discussed many times in various threads, but I haven't been able to find an answer to my question. I have one child, a 30 year old single son, who has a job and pays his own rent which keeps going up. He'd like to buy a house. He could get his own mortgage and do this the tradit...
by yosh99
Tue May 01, 2018 4:54 pm
Forum: Personal Consumer Issues
Topic: Bicycle Questions
Replies: 44
Views: 2439

Re: Bicycle Questions

Why not leave it up to your daughter? Isn't this all her decision?
by yosh99
Thu Apr 26, 2018 3:24 am
Forum: Personal Consumer Issues
Topic: How did you tell the boss you're leaving/retiring?
Replies: 129
Views: 9470

Re: How did you tell the boss you're leaving/retiring?

My boss told me I was retiring, and handed me my last paycheck, shook my hand and said goodbye. It was mostly a one-way communication from him to me. He knew my personal situation and that of Silicon Valley; I wouldn't be finding another job. All-in-all it was all okay. I've been working 43 solid y...
by yosh99
Fri Mar 02, 2018 12:54 pm
Forum: Investing - Theory, News & General
Topic: Small business owners -- owning your building as an investment
Replies: 6
Views: 619

Re: Small business owners -- owning your building as an investment

As a small business can you deduct the real estate taxes and mortgage interest under the new tax law?
by yosh99
Sat Feb 17, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Working for a MegaCorp vs a Small Business
Replies: 19
Views: 1486

Re: Working for a MegaCorp vs a Small Business

Having worked for both I think it depends much on your personality type and work style. If you want to get emotionally involved and effect change then you'll find MegaCorps frustrating. From my experience, happy people in MegaCorps tend to be emotionally disconnected and mostly trade time for money....
by yosh99
Mon Jan 29, 2018 1:35 pm
Forum: Personal Consumer Issues
Topic: Best epoxy/glue for sticking plastic to plastic
Replies: 29
Views: 2105

Re: Best epoxy/glue for sticking plastic to plastic

I've been an adhesive chemist for 44 years and my advice is to replace the door. Without knowing what kind of plastic it is the adhesive choice will be hit or miss and it will never look very good in any case.
by yosh99
Sat Dec 23, 2017 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Is Software consulting considered a services business?
Replies: 13
Views: 1780

Re: Is Software consulting considered a services business?

Is a company that does soil core sample testing a services company if the only thing they sell is a report? If the work is done by a chemical engineer is it exempt from the exclusion? What if the testing is done by a degreed chemist without an engineering degree?

It's all confusing.
by yosh99
Sat Nov 18, 2017 3:28 pm
Forum: Personal Consumer Issues
Topic: Timing if Medicare annual physical
Replies: 26
Views: 1721

Re: Timing if Medicare annual physical

My wife and I have been on Medicare for a couple of years now and have never received any kind of notice about wellness physicals. Is there something you have to do to sign up for these?
by yosh99
Sat Nov 04, 2017 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in index funds at this moment
Replies: 50
Views: 4360

Re: Investing in index funds at this moment

But what if someone is 67 years old, a year away from retirement and with lots of cash on the sidelines. Shouldn't that make someone leery of putting this money at risk after this historic run up in stock prices?
by yosh99
Fri Nov 03, 2017 4:05 pm
Forum: Personal Consumer Issues
Topic: CR doesn't like some formerly favored SUVs
Replies: 25
Views: 3334

Re: CR doesn't like some formerly favored SUVs

I was curious about the Volvo XC60 reliability comment because I just ordered an XC40. I'm puzzled. Consumer Reports lists 17 categories for reliability. The 2017 XC60 ranked way above average in 15 of them, average in 1, and below average in 1 (electronics).
by yosh99
Thu Oct 05, 2017 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Starting a Business While Working
Replies: 5
Views: 941

Re: Starting a Business While Working

Do you have an employment contract? Non-compete agreement? Does your employer have a conflict of interest policy? What do you expect your employer's management's personal reaction to be? My experience is that the effect of a vengeful senior manager who makes it personal is far greater than any speci...
by yosh99
Mon Jul 10, 2017 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: When should my wife and I take our social security?
Replies: 25
Views: 3487

Re: When should my wife and I take our social security?

My wife is also one year younger than I. Our plan is for her to claim her SS benefit at 66 and I'll claim the spousal benefit which is half of that. I'll claim my SS benefit when I'm 70 and she'll claim half of that.
by yosh99
Sun Jul 09, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Potential problems in quitting job to start new business
Replies: 4
Views: 467

Re: Potential problems in quitting job to start new business

Do you have an employment agreement? Does it have non-competition clauses? You need to talk with an employment attorney to find out what your rights and obligations are. It is VERY important to have legal advice throughout the whole process of starting a small business. Unfortunately, the problem is...
by yosh99
Mon May 15, 2017 9:22 pm
Forum: Personal Consumer Issues
Topic: Learning Violin as an adult...now with progress Audio
Replies: 186
Views: 25856

Re: Learning an instrument as an adult? Almost Five Month Update

So almost five months now since I decided to tackle the violin. I'm finding a handful of notes are sounding a little nicer. This is primarily true on notes where I have third finger down, which I believe is one octave above the prior open string. I'm finding that I get a bit of sympathetic vibratio...
by yosh99
Fri May 05, 2017 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Small Company Retirement Plan Options
Replies: 5
Views: 775

Re: Small Company Retirement Plan Options

I have four employees and contribute to all of our SEP IRA's each year. It's expensive, in that they have to get the same percentage I give myself, but they are worth it. It's simple and costs me nothing in management fees.
by yosh99
Wed Apr 19, 2017 3:08 pm
Forum: Personal Consumer Issues
Topic: How to make best use of lunch with the company president/CEO?
Replies: 55
Views: 7495

Re: How to make best use of lunch with the company president/CEO?

I think much depends on the size of your company. If this is a large multinational corporation the likelihood the CEO cares much about your opinions or even the long term success of the company is small. You have nothing to gain by this lunch. On the other hand if this a small company and the CEO is...
by yosh99
Wed Apr 05, 2017 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Good way to value a wedding dress for taxes?
Replies: 13
Views: 1663

Re: Good way to value a wedding dress for taxes?

I value things by what I'd expect to sell them for at a garage sale. $21 for a wedding dress sounds about right.
by yosh99
Tue Apr 04, 2017 12:57 pm
Forum: Personal Consumer Issues
Topic: What career helped you become wealthy?
Replies: 75
Views: 11582

Re: What career helped you become wealthy?

I'm not close to being wealthy by most people's standards, but I really don't need any more money than I have so I'm satisfied. I worked for a corporation for 29 years and left to start my own business 15 years ago doing essentially the same thing. The change from working for someone else to working...
by yosh99
Fri Mar 24, 2017 3:18 pm
Forum: Personal Consumer Issues
Topic: Car Dealer Forgot to Charge Sales Tax - Ouch
Replies: 39
Views: 6528

Re: Car Dealer Forgot to Charge Sales Tax - Ouch

This exact thing happened to me several years ago at a Volkswagen dealer in Mankato, MN. I pointed out to the car salesman that he had not included the sales tax in the final invoice and he said they'd pay it, that it was part of the deal. Then a few days later an upset sales manager calls to say th...
by yosh99
Sun Mar 19, 2017 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Investing Options for Small Business Owner
Replies: 5
Views: 448

Re: Retirement Investing Options for Small Business Owner

I own a small business with 4 employees. I pay myself enough to maximize my SEP IRA and gladly contribute to my employee's SEP IRA's (~25%) which they appreciate. Without them, I would have no business.
by yosh99
Sat Mar 04, 2017 7:42 pm
Forum: Personal Consumer Issues
Topic: Starting a company for first time at age 50
Replies: 14
Views: 1921

Re: Starting a company for first time at age 50

I left my corporate job 15 years ago, at the age of 50, to start my own business. Things turned out well and I have never regretted my decision although it was a very difficult move for me to make. There are two things I'd recommend. First, do not take on a partner and second, find a CPA with lots o...
by yosh99
Tue Jan 17, 2017 2:19 pm
Forum: Personal Consumer Issues
Topic: Vacationing in Florida (Advice Requested)
Replies: 22
Views: 2334

Re: Vacationing in Florida (Advice Requested)

I think your best bet while you're at the Hilton is the hotel pool. It will be much more comfortable than the Gulf. There isn't a great deal to do in downtown St. Pete although you're not too far from St. Pete Beach. I would suggest checking out on Wednesday and going somewhere else such as Clearwa...
by yosh99
Sun Jan 15, 2017 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating to Berlin upon retiring. Please critique my plan.
Replies: 17
Views: 2248

Re: Relocating to Berlin upon retiring. Please critique my plan.

I love Germany myself and traveled there many times for work. Your idea of retiring in Berlin is intriguing. I can't help you with your questions, but I'd like to add a couple more that others can comment on. For some unexplained reason, Medicare won't cover anything outside of the US. How do plan o...
by yosh99
Sun Jan 08, 2017 1:07 pm
Forum: Personal Consumer Issues
Topic: Bedroom is colder than rest of house. Radiator heating question.
Replies: 70
Views: 5247

Re: Bedroom is colder than rest of house. Radiator heating question.

Does your system have a circulation pump? You might try rewiring the system so the pump runs all the time, not just when the boiler is heating. This circulates the water all the time which tends to transfer heat from hotter areas to colder areas so the overall temperature is more uniform. The boile...
by yosh99
Sat Jan 07, 2017 8:30 pm
Forum: Personal Consumer Issues
Topic: Bedroom is colder than rest of house. Radiator heating question.
Replies: 70
Views: 5247

Re: Bedroom is colder than rest of house. Radiator heating question.

Does your system have a circulation pump? You might try rewiring the system so the pump runs all the time, not just when the boiler is heating. This circulates the water all the time which tends to transfer heat from hotter areas to colder areas so the overall temperature is more uniform.
by yosh99
Wed Jan 04, 2017 2:21 pm
Forum: Personal Consumer Issues
Topic: Learning Violin as an adult...now with progress Audio
Replies: 186
Views: 25856

Re: Learning an instrument as an adult?

I've already started practicing on the violin, found a teacher, and am having my best go. I'm no longer that interested in why this will be difficult, take a long time to not stink, etc. I view this the same way...long view, patience, perseverance. It's served me well so far in life, let's see how ...
by yosh99
Sun Oct 09, 2016 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Medicare application
Replies: 6
Views: 855

Help with Medicare application

My wife turns 65 in mid-January next year and today filled out an on-line SS benefit and Medicare application. When asked when she wanted the "Retirement Benefits" to start, she entered Feb 1 because that's after her 65 birthday and the SS optimizer we used specified this day to start regular benefi...
by yosh99
Fri Sep 23, 2016 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Intuit Quickbooks for Mac
Replies: 11
Views: 2164

Re: Intuit Quickbooks for Mac

Intuit's support of QB for Mac, or anything for that matter, is almost nonexistent. I use QB for PC's by running Parallels on my Mac and it works just fine. The PC version is much more feature rich. You have to be careful with the online version of QB because it is missing many of the PC features, l...
by yosh99
Sat Aug 20, 2016 12:01 pm
Forum: Personal Consumer Issues
Topic: Best Crossover SUV to purchase
Replies: 146
Views: 20564

Re: Best Crossover SUV to purchase

I've owned a 2015 Jeep Cherokee for a year now and you should at least consider it. I readily admit that it's not the most attractive vehicle and the transmission is vulnerable to glitches and failure. With this aside, what makes it relevant to this discussion is that nearly all of the poster's requ...
by yosh99
Tue May 03, 2016 5:47 pm
Forum: Personal Consumer Issues
Topic: Siesta Key later this month -recommendations
Replies: 16
Views: 2086

Re: Siesta Key later this month -recommendations

We were in that area just a few weeks ago. No recommendations on a restaurant, but we did enjoy walking through Marie Selby Botanical Gardens during our stay. It is an outdoor walk, so consider the weather if you would decide to go. http://selby.org/visit/hours-admissions/ Yes. Highly recommended.
by yosh99
Sun May 01, 2016 11:04 am
Forum: Personal Consumer Issues
Topic: anyone with experience with car with frontal collision alert?
Replies: 32
Views: 2653

Re: anyone with experience with car with frontal collision alert?

BCC wrote:
We don't have collision protection on this car, but we think it may not have stopped the car in time in this instance.

- BCC
I think the collision protection systems reach much faster than a person.
by yosh99
Sun May 01, 2016 11:03 am
Forum: Personal Consumer Issues
Topic: anyone with experience with car with frontal collision alert?
Replies: 32
Views: 2653

Re: anyone with experience with car with frontal collision alert?

I have a '15 Jeep Cherokee with front and back collision protection. The system works very well, but can be overly sensitive some times. One of the things it takes into consideration is speed. If I back up toward an obstacle too quickly, it will kick in and beep with alarms. If I continue, it will b...
by yosh99
Sun Apr 24, 2016 11:23 am
Forum: Personal Consumer Issues
Topic: Thinking about Mac (vs Windows)
Replies: 66
Views: 8603

Re: Thinking about Mac (vs Windows)

I have often thought about switching to a Mac, but I have one big stumbling block. If anyone out there can "show me the light", I will make the leap. Here's the issue: Photography is my hobby. I've been taking photos for many, many years. I now have over 100,000 photos in my collection. Over the ye...
by yosh99
Sat Jan 30, 2016 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Public school or private school (with school data)
Replies: 102
Views: 10158

Re: Public school or private school (with school data)

Remember that the good data for the private school is somewhat skewed because students that don't live up to their high expectations are systematically eliminated. It's like if the students weren't able to get those kinds of scores or get into those kinds of colleges, they wouldn't be there anyway.
by yosh99
Tue Dec 22, 2015 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Should I switch to Quickbooks?
Replies: 11
Views: 1218

Re: Should I switch to Quickbooks?

I’ve just been on the phone with Intuit for over an hour trying to purchase Quickbooks Online. I had some simple questions. Each question required that I be put on hold while they researched the question. While on hold, I researched the question on the internet. When they came back, they gave me an...
by yosh99
Tue Nov 17, 2015 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Dental Insurance
Replies: 53
Views: 6336

Re: Dental Insurance

Where are all of you getting these numbers? In Minnesota, the Delta Dental plans have premiums roughly the same as the maximum yearly payment ($87/month, 50% copay and $1200 max/year for two people). They make no sense. The difference between large corporate group plans and individual plans is huge....
by yosh99
Sun Nov 15, 2015 12:50 pm
Forum: Personal Consumer Issues
Topic: Jeep Cherokee Limited vs Acura RDX
Replies: 16
Views: 3188

Re: Jeep Cherokee Limited vs Acura RDX

As an owner of a '15 Cherokee Limited my recommendation would be to go with the Acura. I did a lot of research and picked the Jeep because it offers amenities and ride that cost nearly $10,000 more in comparable vehicles, including the Acura. The Jeep really stands out as a good value in this regard...
by yosh99
Sat Nov 07, 2015 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: HSA contribution limits - family or single?
Replies: 1
Views: 419

HSA contribution limits - family or single?

I'll be on medicare starting Jan 1 next year, but my wife will not. She will have the option of a company sponsored HSA eligible health insurance plan. If we contribute to an HSA, do the two of us comply with the definition of a family and can we contribute the family maximum?
by yosh99
Tue Nov 03, 2015 8:45 pm
Forum: Personal Consumer Issues
Topic: Whisky Recommendations
Replies: 109
Views: 14070

Re: Whisky Recommendations

During my whisky explorations I tried many of the scotch's, bourbons, Irish and the rest. The one I've settled on and drink the most is Bulliet's Rye Whiskey. Cheap and tasty. I think it goes best with just a splash of water.
by yosh99
Thu Oct 01, 2015 10:19 am
Forum: Personal Finance (Not Investing)
Topic: How to keep track of billable hours as a consultant?
Replies: 24
Views: 2555

Re: How to keep track of billable hours as a consultant?

If you want to track time by project and task, you might look at Teamwork.com. Our group uses it for project tracking and billing. It's designed for larger organizations than one, but it's very easy to setup and use, and it's priced by number of users so it's affordable for one person.
by yosh99
Thu Sep 03, 2015 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Inventions
Replies: 8
Views: 1060

Re: Inventions

I write and enforce patents for a living. In general, the part-time individual inventor has little chance of competing with teams of company scientists/engineers that A) know the field inside and out, and B) spend 40+ hours a week focused on trying to come up with things to make their product a few...
by yosh99
Thu Aug 27, 2015 11:27 am
Forum: Investing - Theory, News & General
Topic: Effect of Target Fund Balancing with Wild Swings
Replies: 1
Views: 772

Effect of Target Fund Balancing with Wild Swings

If I own a Target Retirement Fund that's a blend of stocks and bonds it rebalances every day, right? So if the market drops a 1,000 points in one day, it will buy stocks to rebalance. Then if it goes up a 1,000 points the next day, it will sell stocks to rebalance. If so, then haven't I just bought ...
by yosh99
Sun Aug 23, 2015 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Having Trouble Deciding on Health Insurance
Replies: 9
Views: 1358

Re: Having Trouble Deciding on Health Insurance

Relax. You shouldn't anguish so much over choosing one of these plans. You can't really predict your future medical needs and won't know whether taking the high deductible risk paid off until the year is over anyway. These are extremely generous plans (for example, my megacorp plan is $650/month for...
by yosh99
Wed Jul 29, 2015 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Who are you able to share good financial news with?
Replies: 103
Views: 11551

Re: Who are you able to share good financial news with?

Interesting you brought this up. I started my own business at the age of 50 and just last week, at the age of 64, I had an outstanding week of work. Largest client signing up for another three years, etc. and I had the strongest urge to call my parents, but they are deceased. There is no substitute ...
by yosh99
Tue Jul 21, 2015 12:45 pm
Forum: Personal Consumer Issues
Topic: Medical insurance policies ? ACA or the market ?
Replies: 28
Views: 2867

Re: Medical insurance policies ? ACA or the market ?

The new law changed the market. PJW In what ways? It caused price to go up for sure, but brought about other good for consumer changes as well. From what I am seeing however it is pushing the industry towards high deductible plans. Mine and my wife's employer now only offer high deductible plans. M...
by yosh99
Sat Jun 20, 2015 10:17 am
Forum: Personal Finance (Not Investing)
Topic: is it better to work for small company rather than big firm?
Replies: 36
Views: 6653

Re: is it better to work for small company rather than big firm?

No employer today is going to deliberately eliminate their workforce over the age of 50. May I borrow your rose-colored glasses. Companies do this all the time, because older workers are higher paid. Nowadays few companies care about the quality of the work they produce. Just look at the rubbish pr...
by yosh99
Mon Jun 01, 2015 11:54 am
Forum: Personal Consumer Issues
Topic: Best way to learn tennis for adult
Replies: 29
Views: 4515

Re: Best way to learn tennis for adult

I started playing tennis last year. I had some racket sport experience earlier (table tennis and badminton), so it didn't feel completely wierd. I asked the good folks on this forum for tennis racket advice, signed up for private lessons, and after a couple of months I joined the local tennis leagu...
by yosh99
Fri May 29, 2015 2:40 pm
Forum: Personal Consumer Issues
Topic: Best way to learn tennis for adult
Replies: 29
Views: 4515

Re: Best way to learn tennis for adult

I was 46 the first time I picked up a racket and started with lessons from a local pro. Now, at 64, I've developed a whole social network around the game and play three times a week. It's one of the few sports you can play as an adult where you compete against another one on one; where you have to r...