Search found 848 matches

by whomever
Sat Jul 06, 2019 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Union paid out on a stopped check from 2017
Replies: 32
Views: 1935

Re: Credit Union paid out on a stopped check from 2017

"The mother in this case can sue the plumber in small claims if the plumber won’t play ball as long as she has the proof of replacement payment in 2017 that settled original charges. She could reclaim for court costs as well but for $110 I don’t know if it’s worth the hassle." Bold prediction: a cre...
by whomever
Wed Jul 03, 2019 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Inheriting two homes, sell or rent them ...
Replies: 27
Views: 2252

Re: Inheriting two homes, sell or rent them ...

It seems to me there are two questions in play: 1)Do you want to have $450k invested in rental property? N: sell Y: go to question 2 2)If you do want to have $450k invested in rentals, are these the houses you want to invest in (vs. ones that are nearer, in different neighborhoods, a duplex, etc, et...
by whomever
Mon Jul 01, 2019 9:25 am
Forum: Personal Consumer Issues
Topic: Need an inexpensive, reliable padlock
Replies: 10
Views: 465

Re: Need an inexpensive, reliable padlock

"Master Lock 175D" Make sure you don't get the similar model 875. You don't even need picks to open those. Of course, the 175 isn't very secure either (vid of opening both): https://www.youtube.com/watch?v=bfDPtt-bnAI Of course, economical padlocks aren't bank vaults, but those two are quite bad and...
by whomever
Fri Jun 28, 2019 11:56 am
Forum: Personal Consumer Issues
Topic: roofing nails
Replies: 20
Views: 1028

Re: roofing nails

" Nothing is 100% but they should have gotten 99% of them. "

+1

We've had three roofs done so far. I can't say they got every nail afterwards, or that I never found one, but they cleaned up well enough I can't remember finding one.
by whomever
Wed Jun 26, 2019 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Deathbed Roth Conversion - One Timing Question
Replies: 17
Views: 1830

Re: Deathbed Roth Conversion - One Timing Question

" If we were to instruct the brokerage on a given day to execute the Roth Conversion say at 10am and BILs brother passed away at 2pm will it be a clean defensible transaction?" IANAL, and have a question. If I call Vanguard at 10AM and execute a conversion, and get hit by a truck at 2PM - or 10:01AM...
by whomever
Wed Jun 26, 2019 10:35 am
Forum: Personal Consumer Issues
Topic: Banks that offer automatic withdrawal option for CDs at maturity
Replies: 12
Views: 783

Re: Banks that offer automatic withdrawal option for CDs at maturity

"vs having to call the bank or physically go into the bank during the 7-10 day grace period at CD maturity" FWIW, I have called up banks outside the grace period (like a month or so before maturity, because e.g. I was going to be backpacking on the maturity date) and asked them to close at maturity....
by whomever
Thu Jun 20, 2019 11:12 am
Forum: Personal Consumer Issues
Topic: Tree stump, can't use a stump grinder. Solution?
Replies: 64
Views: 5643

Re: Tree stump, cant use a stump grinder. Solution?

Depending on how big it us, and how much you like exercise...we've had some reasonably big ones (2 feet???) in a 'no outdoor burning' area, where I was too impatient for the stump rot stuff. I used a gonzo drill and an augur but to honeycomb it and went after it with a mattock. The swiss-cheesing ma...
by whomever
Tue Jun 18, 2019 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Short-term money needs for Executor of Estate
Replies: 57
Views: 3900

Re: Short-term money needs for Executor of Estate

>> (TOD Deeds) >That assumes you have heirs that can and will get along. Have you missed the 3 seperate nightmare threads where one won't sell? I think everyone has to evaluate that risk for themselves. In our case, the siblings were both A)the co-executors if the will went through probate and B)the...
by whomever
Tue Jun 18, 2019 6:17 pm
Forum: Personal Investments
Topic: Pension Lump Sum amount drops after age 65
Replies: 20
Views: 1305

Re: Pension Lump Sum amount drops after age 65

It's worth mentioning that not all pensions/annuities are actuarially neutral. We tend to be 'defer annuities/SS as long as possible' types, but when I ran the numbers on her (teacher's state pooled) annuity, it was strongly biased in favor of taking it early.
by whomever
Sun Jun 16, 2019 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One will only send security notices if you let them spy on you once in a while
Replies: 46
Views: 3191

Re: Capital One will only send security notices if you let them spy on you once in a while

>>What law? As someone else pointed out, there's no way to "prove" I opened a paper envelope. >Except physical mail to dead people tends to be returned as non-deliverable. That's not the case with email accounts. This seems to be conflating two issues. The OP's bank seems to be requiring that he ope...
by whomever
Thu Jun 13, 2019 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Short-term money needs for Executor of Estate
Replies: 57
Views: 3900

Re: Short-term money needs for Executor of Estate

"I have decided that the kindest thing you can do for estate planning is having dealt with the house ahead of time." Some states have TOD deeds that work just like a TOD bank account (the mechanics of that were that after the last parent died, we (the kids named as TOD beneficiaries) sold the house ...
by whomever
Thu Jun 13, 2019 12:30 pm
Forum: Personal Consumer Issues
Topic: Do you repair your own appliances?
Replies: 65
Views: 3591

Re: Do you repair your own appliances?

"Do you really think it's worth at any rate? Particularly, with high income BHs, and considering that when you get to fix something it's often a new thing, so you have to invest time on the learning curve." I dunno that I'm high income, but even independent of that, let's consider a couple of exampl...
by whomever
Thu Jun 13, 2019 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2750

Re: Is POD the best designation for Mom’s checking account?

What we did, FWIW: the last surviving parent had given up driving etc, so the only assets of note were the house and bank/brokerage accounts. We opened a joint checking account for all the kids+parent. That was paying the parents bills before death. Sometimes the parent would contribute to it, but s...
by whomever
Thu Jun 13, 2019 11:09 am
Forum: Personal Consumer Issues
Topic: Automobile air conditioning strategy
Replies: 21
Views: 2254

Re: Automobile air conditioning strategy

"Recirculate would let less fresh air into the system, but would not make the ambient air in the back hotter than in the front" 1)I suspect the answer depends a lot on the ducting in a specific car - some run air ducting to the back, although most don't, I think. 2)Just spitballing here, but for the...
by whomever
Thu Jun 13, 2019 10:59 am
Forum: Personal Consumer Issues
Topic: Do you repair your own appliances?
Replies: 65
Views: 3591

Re: Do you repair your own appliances?

"At some point, the 3D printing industry was supposed to make things better for us all" Well, I have 3D printed replacement parts for various things :-). Although I had to measure the old ones and do the CAD myself. I've also welded parts for repairs, and fabricated them with conventional machining....
by whomever
Wed Jun 12, 2019 8:58 pm
Forum: Personal Consumer Issues
Topic: Automobile air conditioning strategy
Replies: 21
Views: 2254

Re: Automobile air conditioning strategy

FWIW Consumer Reports likes the 'set min temp/vary fan speed' approach:

https://www.consumerreports.org/cars-dr ... ditioning/
by whomever
Tue Jun 11, 2019 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Planning for potential second home purchase
Replies: 8
Views: 1167

Re: Planning for potential second home purchase

For a probabilistic answer ... Will the eventual move be mandatory, and at a time you don't get to choose? We wanted to move out of the big city upon retirement. We started house shopping a couple of years before retirement, and in fact bought a house a couple of years before retiring (and had to pu...
by whomever
Mon Jun 10, 2019 10:49 am
Forum: Personal Finance (Not Investing)
Topic: W/O comp and collision, how does reimbursement from a not at fault accident work?
Replies: 20
Views: 1296

Re: W/O comp and collision, how does reimbursement from a not at fault accident work?

"If another driver causes an accident, you get their insurance information, call their insurance company, and open a claim. ... Many people think of "my insurance" as an advocate for me. I don't think that is right." FWIW, the way it has usually worked for us is we call our insurance company: Us:Hi,...
by whomever
Sat Jun 08, 2019 12:15 pm
Forum: Personal Consumer Issues
Topic: Toaster ovens - safe? better alternative?
Replies: 50
Views: 3660

Re: Toaster ovens - safe? better alternative?

"We've personally had two toaster ovens catch fire. " Yikes! We had a toaster ... emit flames once (the internal wiring must have shorted, and a linear blue flame not unlike what you'd get from a welding torch came out the bottom. It went out after a few seconds, presumably because the wires melted ...
by whomever
Tue Jun 04, 2019 10:44 am
Forum: Personal Consumer Issues
Topic: Amazon free shipping, bait-and-switch?
Replies: 46
Views: 4343

Re: Amazon free shipping, bait-and-switch?

Free shipping is not the default choice, but it's there.
That's always been our experience as well.
by whomever
Sun Jun 02, 2019 10:43 am
Forum: Investing - Theory, News & General
Topic: [Longevity effects of The Great Depression on investing]
Replies: 25
Views: 1470

Re: [Longevity effects of The Great Depression on investing]

I have a number of relatives who lived through the Great Depression, and their view is that ended around 1939, when production for the looming war ramped up. For one datum: my father joined the Navy right after Pearl Harbor (he was 15, and lied about his age). He thought basic training was the great...
by whomever
Thu May 30, 2019 7:16 pm
Forum: Personal Consumer Issues
Topic: Splitting fence cost with neighbor
Replies: 32
Views: 2418

Re: Splitting fence cost with neighbor

"Hey, Joe ... have you noticed the fence is starting to lean? Apparently the HOA docs say it's a shared fence. I'm wondering if we ought to be thinking about fixing it up before the HOA people come after us. I got a quote from Frank's Fencing for $5000, or $2500 each. That's a lot of money, and I've...
by whomever
Sun May 26, 2019 6:23 am
Forum: Personal Consumer Issues
Topic: Where to buy products at TRUE wholesale prices?
Replies: 51
Views: 3986

Re: Where to buy products at TRUE wholesale prices?

Reminds me of the lady who visits the farmers market and asks, "How much are the tomatoes?" The farmer says, "Well it depends... the more you buy, the cheaper they get." The lady hands the farmer her bag and says "Fill it up 'till they're free!" Good one! I always liked the inverse: A man is visiti...
by whomever
Sat May 25, 2019 5:08 pm
Forum: Personal Consumer Issues
Topic: Meaning of "high/low tolerance" in precision engineering
Replies: 12
Views: 928

Re: Meaning of "high/low tolerance" in precision engineering

Yes. A tolerance of 0.0001 is 'higher' than one of .001 in the sense it's a lot harder/more expensive to accomplish. So someone producing parts accurate to .0001 is working to a higher standard than someone putting out parts accurate to .001, might be using higher quality tools to do so, and/or usin...
by whomever
Thu May 23, 2019 10:53 am
Forum: Investing - Theory, News & General
Topic: How to "lie" with Personal Finance
Replies: 28
Views: 5208

Re: How to "lie" with Personal Finance

If we're talking early retirement and the 4% rule of thumb it's worth remembering it is for a 30 year period. Slanting retirement numbers is just a special case of slanting statistics in general. If anyone hasn't read 'How to Lie with Statistics' I heartily recommend it. After reading the book it's ...
by whomever
Mon May 20, 2019 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security replacement annuity -- Is there such a product?
Replies: 43
Views: 2915

Re: Social Security replacement annuity -- Is there such a product?

" In addition, married couples already receive a generous 100% survivor benefit with no zero reduction in their monthly benefit relative to what a single person with the same earnings history is entitled. Married couples already cost SS a whole lot more than singles." (this was one of several simila...
by whomever
Mon May 20, 2019 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Social Security replacement annuity -- Is there such a product?
Replies: 43
Views: 2915

Re: Social Security replacement annuity -- Is there such a product?

I wish SS allowed a '100% survivor' benefit like most pensions or annuities. It wouldn't cost SS any extra for my wife and I to each take a reduced benefit that would continue for the survivor. (I don't understand all the 'it would be hard or expensive' posts - almost every pension plan and annuity ...
by whomever
Sun May 19, 2019 9:26 am
Forum: Personal Investments
Topic: Why should I employ an advisor?
Replies: 10
Views: 1285

Re: Why should I employ an advisor?

"I pay them 0.57% a year for advice and am wondering if it is worth it" That depends :-) I wrote a quickie python program (below) using the following assumptions: 1)Alice and Bob are 30 years old. Bob has an adviser, Alice doesn't. 2)They work for 30 years and then retire for 30 years 3)They get a f...
by whomever
Fri May 17, 2019 10:19 am
Forum: Personal Consumer Issues
Topic: Synthetic oil or not for very low mileage auto?
Replies: 47
Views: 3171

Re: Synthetic oil or not for very low mileage auto?

1)I use full synthetic oil from the first change onward. But I buy new cars and plan to keep them for many years and miles. 2)You have a 20 year old car with 13k miles (where has it been!!!?). You plan to drive it 5k miles a year. If all goes well, in 17 years you'll still be under 100k miles. All w...
by whomever
Thu May 16, 2019 9:59 am
Forum: Investing - Theory, News & General
Topic: Amazon....we all have seen this before :)
Replies: 62
Views: 8941

Re: Amazon....we all have seen this before :)

"No monthly contributions, nothing, just the initial investment?" It assumes you reinvested distributions, and ignores taxes. So effectively what would happen if you sent in a check to your IRA and then went on a 40 odd year vacation. FWIW I got the numbers here: https://quotes.morningstar.com/chart...
by whomever
Thu May 16, 2019 8:36 am
Forum: Investing - Theory, News & General
Topic: Amazon....we all have seen this before :)
Replies: 62
Views: 8941

Re: Amazon....we all have seen this before :)

"how long will Amazon dominate" I dunno, but for reference: if we steer the olde time machine back to 1975ish, the three giants of American retail were JC Penny, Montgomery Wards, and Sears Roebuck. If you had invested $10k in Monkey Wards in 1975 ... it went bankrupt around 2001. If you had investe...
by whomever
Sat May 11, 2019 12:19 pm
Forum: Personal Consumer Issues
Topic: Best way to kill poison ivy
Replies: 43
Views: 2291

Re: Best way to kill poison ivy

I don't live in poison ivy country, but have relatives who do. They get poison ivy mingled with normal ivy they don't want to kill. They use a small paintbrush to paint the occasional poison ivy leaf with a dab of Roundup, and apparently it kills the whole poison ivy plant while leaving the intermin...
by whomever
Sat May 11, 2019 12:14 pm
Forum: Investing - Theory, News & General
Topic: Composition and safety of TIAA traditional annuity
Replies: 28
Views: 2362

Re: Composition and safety of TIAA traditiona annuity

FWIW, Standard & Poors currently rates the TIAA general account and US Government debt the same: AA+. Whether that gives you the warm fuzzies or scares you is up to the reader :-) It does hold more corporate/less gov't bonds that I would of guessed. I'm not a finance type either, but I suppose the r...
by whomever
Fri May 10, 2019 4:41 pm
Forum: Investing - Theory, News & General
Topic: 17 of our 18 equity-focused American Funds have delivered index-beating lifetime results.
Replies: 34
Views: 3096

Re: 17 of our 18 equity-focused American Funds have delivered index-beating lifetime results.

I picked one of those at random. Assuming that 'AMCAP' means ticker AMCPX: The good news: it has indeed outperformed the S&P500 total return since it's inception in 1967. The bad news: looking at the morningstar graph, that out performance mostly happened over a couple of years in the late 1970's or...
by whomever
Tue May 07, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: pre-qualified to get on the list
Replies: 45
Views: 3100

Re: pre-approval to get on the list

FWIW, the last time we were house shopping our realtor suggested we get a pre-approval letter even though we were going to do a cash purchase. Her explanation was that some sellers might be concerned about a buyer's ability to pay, and if that situation arose she could show the letter (or just say s...
by whomever
Mon May 06, 2019 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Will vs POD?
Replies: 16
Views: 1919

Re: Will vs POD?

Well, even if you don't care and end up buried in a crummy place - you need to leave enough in your estate to pay a) Executor's fee (usually based on a percentage of the estate) b) Tax accountant's fee for preparation of two (2) returns; one for the decedent (final) and one for the estate (even if ...
by whomever
Tue Apr 23, 2019 2:15 pm
Forum: Personal Consumer Issues
Topic: Mechanic mishap - able to stop significant damage - how to avoid in future?
Replies: 59
Views: 3618

Re: Mechanic mishap - able to stop significant damage - how to avoid in future?

Believe it or not, NASA has studied this and verified is true! Experienced mechanics can achieve more consistent bolt tension by feel than clicker-type torque wrenches. How does that work in practice? You just hired a new mechanic - how do you calibrate him so his 100 ft lbs is the same as the next...
by whomever
Tue Apr 23, 2019 2:11 pm
Forum: Personal Consumer Issues
Topic: Mechanic mishap - able to stop significant damage - how to avoid in future?
Replies: 59
Views: 3618

Re: Mechanic mishap - able to stop significant damage - how to avoid in future?

Oh and I like to swap wheels sometimes myself so can you use the torque wrench and make sure I am able to get them off if I need to." One diplomatic way to do that might be 'BTW, to save you looking it up, the lug nut torque spec is XX ft-lbs'. That also avoids the problem of them using a torque wr...
by whomever
Sat Apr 20, 2019 11:13 am
Forum: Personal Consumer Issues
Topic: DIY home security system
Replies: 23
Views: 1753

Re: DIY home security system

"That's useful for the case when you're home, but doesn't get you the insurance discount, and doesn't help when you're away ..." (emphasis added) In this day when a burglar doesn't know whether an alarm uses a cable or cellular to contact the alarm company, I'd think it would take a brave burglar to...
by whomever
Sat Apr 20, 2019 8:40 am
Forum: Personal Consumer Issues
Topic: DIY home security system
Replies: 23
Views: 1753

Re: DIY home security system

My only issue is that I have sensors pre-installed in the doors and windows during the built of the house and I don't know if I can I can wire the connections to a home systems that I buy. You can have 'traditional' systems monitored for under $10 a month - alarmrelay.com is one such vendor. Tradit...
by whomever
Fri Apr 19, 2019 7:19 pm
Forum: Personal Consumer Issues
Topic: At what point would you hire someone vs. cut down a tree yourself?
Replies: 88
Views: 3355

Re: At what point would you hire someone vs. cut down a tree yourself?

Just a comment: saying '50 ft tall' or '6 inch dia' doesn't give all that much information about the risk. A tall skinny pine on level ground, vertical and symmetrical, will be a lot easier to steer where you want than a similar height oak that's much bigger in diameter and asymmetric. Some species ...
by whomever
Thu Apr 18, 2019 9:06 pm
Forum: Investing - Theory, News & General
Topic: Consensus on I Bonds for 2019?
Replies: 67
Views: 11308

Re: Consensus on I Bonds for 2019?

For an electronic bond registered as "Taylor WITH Dana," the two are not co-owners. If Taylor dies, Dana needs to submit a death certificate, get the "Taylor WITH Dana" bonds transferred into the "Dana" account, and immediately pay taxes on the accrued interest on all the bonds. At least, that's my...
by whomever
Thu Apr 18, 2019 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Dealership vs independent mechanics
Replies: 23
Views: 1637

Re: Dealership vs independent mechanics

Dealerships Pros ... Expertise - they have all latest tools, trained by dealer to manufacturer expectations, better documentation, have all latest recalls, service bulletins A little outta my lane, because I do most of my own wrenching, but FWIW: I was replacing a front bearing. I had the $300 mult...
by whomever
Wed Apr 17, 2019 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Question on compromised credit cards
Replies: 20
Views: 1212

Re: Question on compromised credit cards

The fact that the cards that were compromised weren't used in the past few months really interested me... Seems like the risk of exposure would be less. And having two different cards hit within a week is the real puzzler. It depends on how they were compromised. If the compromise was a gas pump sk...
by whomever
Thu Apr 11, 2019 8:46 pm
Forum: Personal Consumer Issues
Topic: Need a new microwave
Replies: 29
Views: 1959

Re: Need a new microwave

Do they even make non-inverter microwaves anymore? Our 5 year old $99 special is inverter, I think, based on the weight. My sense is that microwaves and wall warts have all ditched the transformers, because electronics are cheaper than copper. Corrections welcomed!
by whomever
Thu Apr 11, 2019 8:41 pm
Forum: Personal Consumer Issues
Topic: Can you buy a new car with a cashiers check without unfreezing a credit freeze?
Replies: 68
Views: 4271

Re: Can you buy a new car with a cashiers check without unfreezing a credit freeze?

" To government regulators, a documented credit check is a well accepted part of identity verification, along with some kind of government issued photo ID." DM200, can you explain the rationale a little more? I present you with an apparently valid driver's license saying that I'm Warren Buffet. You ...
by whomever
Tue Apr 09, 2019 7:01 am
Forum: Personal Consumer Issues
Topic: Can you buy a new car with a cashiers check without unfreezing a credit freeze?
Replies: 68
Views: 4271

Re: Can you buy a new car with a cashiers check without unfreezing a credit freeze?

"If you've always paid by personal check, you've probably always had to fill out a credit app and submit to a credit check?" I've always paid for cars with a normal personal check, and have never filled out any credit applications, as recently as last year. I dunno if the dealers were running credit...
by whomever
Mon Apr 08, 2019 6:45 am
Forum: Personal Consumer Issues
Topic: New homeowner wants to DIY, but disappointed today
Replies: 50
Views: 5141

Re: New homeowner wants to DIY, but disappointed today

"You only failed if you give up. After you figure out what you did wrong and correct it, you'll be an expert. Don't give up. "

+2

Suggestion: when the plumber comes, watch closely and learn all you can.
by whomever
Fri Apr 05, 2019 12:36 pm
Forum: Personal Investments
Topic: Selling Series I Bonds
Replies: 43
Views: 4064

Re: Selling Series I Bonds

Friar - thank you VERY much for the legwork!
by whomever
Sun Mar 31, 2019 3:48 pm
Forum: Personal Investments
Topic: Selling Series I Bonds
Replies: 43
Views: 4064

Re: Selling Series I Bonds

"However, there is not a co-owner for electronic ones and upon death of the primary owner, the secondary owner will have to pay taxes to either retitle or redeem all the bonds." Is that right, if you have registered the bond as having a secondary owner? https://www.treasurydirect.gov/indiv/research/...