Search found 20393 matches

by Watty
Sun Sep 27, 2020 4:07 pm
Forum: Personal Consumer Issues
Topic: Medical Alert Recommendations
Replies: 7
Views: 408

Re: Medical Alert Recommendations

Medical Alert Recommendations One critical thing is to read the contract and understand all the terms in the contract since it will be written to favor the company. Some big questions to look into are; 1) What happens if she needs to move into assisted living? What charges are there to get out of t...
by Watty
Sun Sep 27, 2020 2:22 pm
Forum: Personal Consumer Issues
Topic: DSLR camera improvement suggestions
Replies: 24
Views: 754

Re: DSLR camera improvement suggestions

One more comment.
tommy85 wrote: Sun Sep 27, 2020 1:06 pm Any suggestions how to improve my photography?
Learn about how histograms work if you don't already understand that. You can likely find YouTube videos on that.
by Watty
Sun Sep 27, 2020 2:12 pm
Forum: Personal Consumer Issues
Topic: DSLR camera improvement suggestions
Replies: 24
Views: 754

Re: DSLR camera improvement suggestions

The colors aren't bright and don't pop out. One thing that might have happened is that some setting in your camera may have gotten changed and you may not realize it. One thing I would suggest is to look through the camera menu system to find the option that resets the camera to the factory default...
by Watty
Sun Sep 27, 2020 1:07 pm
Forum: Personal Consumer Issues
Topic: Photographers: cheapest way to acquire a Nikon D850?
Replies: 23
Views: 934

Re: Photographers: cheapest way to acquire a Nikon D850?

It would be good to consider talking to your friend about just what type of camera they would like. I use Canon so I am not familiar with the Nikon camera models but some of the full frame cameras like the D850 can be very heavy. I am retired now and I find that the weight and size are a lot more im...
by Watty
Sun Sep 27, 2020 11:16 am
Forum: Personal Investments
Topic: Just Found Out We Are Expecting First Child - Now What
Replies: 20
Views: 1645

Re: Just Found Out We Are Expecting First Child - Now What

.....she is able to spends 75% of her time working from home knowing that this would provide some time with a family while working. Unfortunately, she can't be distracted during several hour blocks of this time so will still need the help. Even when she is not in those dedicated blocks of time that...
by Watty
Sun Sep 27, 2020 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Starting Medicare & never ending phone calls from uhc
Replies: 17
Views: 1253

Re: Starting Medicare & never ending phone calls from uhc

You should check out the "Medicare for Dummies" book. Our situation is a lot different but we found that to be very helpful. Your state should also have a SHIP program where you can to schedule a phone meeting with a state counselor to talk over your Medicare questions. https://www.medicare.gov/cont...
by Watty
Sun Sep 27, 2020 8:45 am
Forum: Personal Finance (Not Investing)
Topic: The College Admissions Game
Replies: 31
Views: 2251

Re: The College Admissions Game

....do the letters of recommendation, or essays really count for much? There is an elephant in the room that no one has mentioned yet. In addition to all the usual drama about college selection and admission your are also in the middle of a pandemic. Among the other multiple problems that this is c...
by Watty
Sun Sep 27, 2020 8:02 am
Forum: Personal Consumer Issues
Topic: DIY life style. Typical Boglehead?
Replies: 36
Views: 2636

Re: DIY life style. Typical Boglehead?

DIY life style. Typical Boglehead? When I was a teenager I worked a few summers at a nursing home. All the residents were elderly except for one guy who was a quadriplegic who was in his 30s. He had been trying to save money by putting on a roof himself and he had fallen off the roof and was paraly...
by Watty
Sat Sep 26, 2020 11:39 pm
Forum: Personal Investments
Topic: Just Found Out We Are Expecting First Child - Now What
Replies: 20
Views: 1645

Re: Just Found Out We Are Expecting First Child - Now What

....and the other $1000 a month into a fund for passive real estate investments (with some extra bonuses from work, this would be let us do about 1 passive syndication each year). I still want to do the real estate (maybe less, but my main question is if I should do anything differently with other ...
by Watty
Sat Sep 26, 2020 11:33 pm
Forum: Personal Investments
Topic: Just Found Out We Are Expecting First Child - Now What
Replies: 20
Views: 1645

Re: Just Found Out We Are Expecting First Child - Now What

One of the big things with having a kid is that you can't over plan the details since things can work out in unexpected ways so a lot of the details you will need to just figure out as you go along. It would be good to try to build up your cash reserves and not take on any unnecessary expenses since...
by Watty
Sat Sep 26, 2020 8:27 pm
Forum: Personal Consumer Issues
Topic: Hiring a Security Guard Agency
Replies: 29
Views: 2148

Re: Hiring a Security Guard Agency

The goal is mainly to prevent someone from entering the tarped building and getting poisoned inside. Protecting the building is a secondary goal. Putting up a temporary perimeter fence is also an option, might be cheaper than hiring a security guard. Or can do both. It might be best to leave the se...
by Watty
Sat Sep 26, 2020 6:27 pm
Forum: Personal Consumer Issues
Topic: Erasing everything off a computer? Any software?
Replies: 40
Views: 2537

Re: Erasing everything off a computer? Any software?

unstoppable wrote: Sat Sep 26, 2020 5:18 pm Also, is there any reason Windows doesn’t have their own tool within the interface for a safe transition of a PC to someone else without 3rd party software?
Several people already mentioned the cipher command.
by Watty
Sat Sep 26, 2020 6:18 pm
Forum: Personal Consumer Issues
Topic: Hiring a Security Guard Agency
Replies: 29
Views: 2148

Re: Hiring a Security Guard Agency

Do you have a Picasso at your home? What's so valuable you need to hire a security guard agency? If you had any valuables in your home then a security guard might not help since the employees of the fumigation company would still have access to your home. Typically security guards are near minimum ...
by Watty
Sat Sep 26, 2020 4:30 pm
Forum: Personal Consumer Issues
Topic: Hiring a Security Guard Agency
Replies: 29
Views: 2148

Re: Hiring a Security Guard Agency

Do you have a Picasso at your home? What's so valuable you need to hire a security guard agency? If you had any valuables in your home then a security guard might not help since the employees of the fumigation company would still have access to your home. Typically security guards are near minimum ...
by Watty
Sat Sep 26, 2020 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: estate planning attorneys: how to split an inheritance?
Replies: 28
Views: 2203

Re: estate planning attorneys: how to split an inheritance?

mookie wrote: Sat Sep 26, 2020 6:06 am Is a reasonable estate plan to......
Pretty much anything you want to do is reasonable since it is your money.

The real complications are how to deal with kids that are born after you write up the will or even after you die. You could also outlive one of your kids.
by Watty
Sat Sep 26, 2020 12:19 pm
Forum: Investing - Theory, News & General
Topic: Were you nervous when you retired?
Replies: 64
Views: 4757

Re: Were you nervous when you retired?

After I retired when I was 58 I did have some second thoughts for about six months. The thing that ended that was about six months after I retired I went back to have lunch with some people I used to work with. About ten minutes into the lunch I was so glad that I was not working there and having to...
by Watty
Sat Sep 26, 2020 10:47 am
Forum: Personal Finance (Not Investing)
Topic: My good experience buying a Hertz rental car
Replies: 24
Views: 2755

Re: My good experience buying a Hertz rental car

I bought one from then 15+ years ago and it worked out just fine. One thing I like about buying a car from a rental company is that you know that them selling it is just part of their normal business plan so you know why they are selling it. When you buy a car that is just a few years old from an in...
by Watty
Sat Sep 26, 2020 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Pay off auto loan?
Replies: 14
Views: 833

Re: Pay off auto loan?

You would want to make sure that you would still have an ample emergency fund after paying off the car but paying it off makes sense because the car loan is at a higher interest rate. You might also be able to save some on your car insurance by raising your deductible higher than your loan loan requ...
by Watty
Fri Sep 25, 2020 7:24 pm
Forum: Personal Investments
Topic: About to retire and looking for consolidation/asset allocation suggestions
Replies: 18
Views: 1810

Re: About to retire and looking for consolidation/asset allocation suggestions

@Watty - OK, I ran a few numbers, and IF I did it correctly, I come out about even after 5 years and come out a few thousand ahead after 10 years by doing the spouse 401k to Roth conversion sooner rather than waiting for the state tax exemption to kick in... the big caveat is that I pay the rollove...
by Watty
Fri Sep 25, 2020 7:03 pm
Forum: Personal Consumer Issues
Topic: How to approach kid’s middle school / high school / college decisions?
Replies: 39
Views: 3322

Re: How to approach kid’s middle school / high school / college decisions?

When I was going through the college selection process with my son one quote really stuck with me. That was, "Selecting a college for your kid is not about selecting the best college, it is about selecting the college that is the best fit for your kid." There is a lot of truth to that for colleges a...
by Watty
Fri Sep 25, 2020 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Tech/IT to govt jobs
Replies: 61
Views: 3598

Re: Tech/IT to govt jobs

What should I consider if I'm thinking about local, state, fed jobs? About me: 20 yr tech/IT career. ......the bay area. There can be all sorts of government tech jobs but probably the majority of them will be similar to corporate IT jobs doing things like accounting, billing, inventory, payroll, e...
by Watty
Fri Sep 25, 2020 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: At what networth is okay to splurge on a 200k car ? (Tesla roadster)
Replies: 159
Views: 10209

Re: At what networth is okay to splurge on a 200k car ? (Tesla roadster)

sjl333 wrote: Fri Sep 25, 2020 1:32 pm Was wondering what networth you need to be able to buy a 200k car , even if it extends your retirement age by a couple of years ?
To be able to afford a $200K car you should be at a point where it should not impact your retirement age.
by Watty
Fri Sep 25, 2020 8:13 am
Forum: Personal Consumer Issues
Topic: Small Travel Trailer Advise needed
Replies: 44
Views: 2472

Re: Small Travel Trailer Advise needed

There are now battery-powered portable air conditioners although I don't have experience with one. But a generator to run the AC will only weight about 50lbs. The original Honda 2000s were notorious for not running most RV air conditioners, but the newer models with slightly more power, plus some u...
by Watty
Thu Sep 24, 2020 11:50 pm
Forum: Personal Investments
Topic: About to retire and looking for consolidation/asset allocation suggestions
Replies: 18
Views: 1810

Re: About to retire and looking for consolidation/asset allocation suggestions

State of Residence: Georgia ..... 2) Roll spouse 401k into her Vanguard Roth IRA (~$36K) … must decide when to do this… likely after retiring to try and do it at a lower marginal tax rate. It isn’t a lot of money and I almost want to just do it this year or next to get it done, even at 22% marginal...
by Watty
Thu Sep 24, 2020 10:27 pm
Forum: Personal Consumer Issues
Topic: Annual oil changes a must? Car maintenance during these times
Replies: 80
Views: 5425

Re: Annual oil changes a must? Car maintenance during these times

One thing that has not been mentioned is that if your car is under warranty then not changing the oil might void your warranty. It sounds like even in normal times you are not driving a lot. One thing to keep in mind is that even if they have plenty of tread then you should still replace your tires ...
by Watty
Thu Sep 24, 2020 9:19 pm
Forum: Personal Consumer Issues
Topic: Erasing everything off a computer? Any software?
Replies: 40
Views: 2537

Re: Erasing everything off a computer? Any software?

One issue that you will have is that wiping a drive can take a long time to run so be sure to look into that. It could take a lot longer than you can stay in the office. A few months ago I used ccleaner to wipe a drive and I started it before I went to bed and it was still running the next morning. ...
by Watty
Thu Sep 24, 2020 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Large Nest Egg...should I run a deficit to pay a larger mortgage?
Replies: 40
Views: 2893

Re: Large Nest Egg...should I run a deficit to pay a larger mortgage?

As far as arbitrage goes, where would you be putting the erstwhile down payment in the meantime that will safely earn over 2.75%? It’s not an effective tactic to invest it in stocks that are always at risk of dropping. just saying, the avg return for most markets is well documented. Most planning, ...
by Watty
Thu Sep 24, 2020 6:43 pm
Forum: Personal Consumer Issues
Topic: Buying a house in a city with historically declining housing prices?
Replies: 17
Views: 1839

Re: Buying a house in a city with historically declining housing prices?

It would be good to double check your numbers about how much the property tax costs compared to rental income. If they are right then there would be little reason for a landlord to keep a property as a rental. However, I have spent the last 25 years in Boston, where our RE market has become Seattle ...
by Watty
Thu Sep 24, 2020 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Wife Quitting High Earning Job?
Replies: 51
Views: 6426

Re: Wife Quitting High Earning Job?

Any advice on things to consider? Be sure to read up and understand the details of FMLA, Family Medical Leave Act, which will allow your wife to take up to 12 unpaid weeks off without any risk of losing her job or facing retribution. Be sure to document everything and let the HR department know tha...
by Watty
Thu Sep 24, 2020 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Quit Hated Job And Take 80% Pay Cut?
Replies: 56
Views: 5907

Re: Should I Quit Hated Job And Take 80% Pay Cut?

I should mention now that 20k/yr in my wife's country (where I'd been working for years before the move) goes a long way and we had enjoyed a great quality of life....... One big thing to keep in mind is that you might be able to live very well there on $20K a year now but things can change so that...
by Watty
Thu Sep 24, 2020 2:56 pm
Forum: Personal Consumer Issues
Topic: Possible Relocation to Columbus, OH Area
Replies: 46
Views: 3187

Re: Possible Relocation to Columbus, OH Area

I don't know anything about Ohio but when moving between states be sure to research the details about how to handle your drivers license, car insurance, and car registration. A common mistake is to think that you do not need to change those until your old one runs out. It varies by state but it is n...
by Watty
Thu Sep 24, 2020 2:33 pm
Forum: Personal Consumer Issues
Topic: 3G 4G 5G
Replies: 34
Views: 2031

Re: 3G 4G 5G

If I get a flat in the middle of 95, there is no way I can ask someone to call AAA unless I want to throw myself in front of 60 mph traffic :-) There are many miles of 95 in New England with trees and nothing else on the side of the road. Also the second phone is highly useful at home as I can call...
by Watty
Thu Sep 24, 2020 1:31 pm
Forum: Personal Consumer Issues
Topic: 3G 4G 5G
Replies: 34
Views: 2031

Re: 3G 4G 5G

What the heck is the truth? You could probably write a Phd. thesis on what the "truth" is. What you need to worry about is what you actually need to do to accommodate any future changes. The 4G phone sits in a box untouched. Since you already have it you should go on and swap it over to be your mai...
by Watty
Thu Sep 24, 2020 12:44 pm
Forum: Personal Investments
Topic: Pay more on 2.49% car loan or invest in taxable?
Replies: 33
Views: 2503

Re: Pay more on 2.49% car loan or invest in taxable?

Thoughts? In your long term plans it would also be really good to figure out a way to pay cash for your next car when you need a replacement. If you have a spouse and a second car then you also need to consider when that car will need to be replaced. Once you get all the cars in the household paid ...
by Watty
Thu Sep 24, 2020 11:32 am
Forum: Personal Investments
Topic: Should I sell my bonds and stocks? -- Jumping tack brackets next year
Replies: 7
Views: 822

Re: Should I sell my bonds and stocks? -- Jumping tack brackets next year

ENB (Enbridge): approx 1.5k DUK (Duke Energy): approx 4k BLV (Vanguard Long-Term Bonds): approx 11k I also hold VT (25k), which I’d ideally like to replace with VTI and VXUS, but it may not be worth it. The amount of these investments does not matter a lot, what matters is how much capital gains(or...
by Watty
Thu Sep 24, 2020 11:06 am
Forum: Personal Consumer Issues
Topic: Pay Realtor Per Showing
Replies: 47
Views: 3146

Re: Pay Realtor Per Showing

Would it be reasonable, or acceptable to offer to pay the realtor a 'per showing fee'? This would be in addition to the realtor's commission. If so how much? $50? Got to assume there is some stupid regulation that makes this transaction illegal in some jurisdictions. I don't know about stupid but t...
by Watty
Wed Sep 23, 2020 11:03 pm
Forum: Personal Consumer Issues
Topic: Planned power outage - any 'must-do's' or 'don'ts'?
Replies: 28
Views: 2036

Re: Planned power outage - any 'must-do's' or 'don'ts'?

One thing that may not have been mentioned is that it would be good to have a battery operated alarm clock or cell phone set to wake you up in the morning if you need to get up at a specific time. Also consider that the power might come on at three in the morning and any lights or devices that are l...
by Watty
Wed Sep 23, 2020 7:36 pm
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 164
Views: 10153

Re: A simpler car.

The older I get the more I like good headlights, I didn't see a noticeable difference between my 2007 and 2015 but my son has a 2002 Civic and that's tough for me to see. Pay a lot of attention to the headlights since they have improved them a LOT especially when they have have some of the high tec...
by Watty
Wed Sep 23, 2020 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: How does brand new credit card get compromised?
Replies: 19
Views: 1772

Re: How does brand new credit card get compromised?

fast_and_curious wrote: Tue Sep 22, 2020 12:24 pm Any other thoughts?
Just for completeness is if you have a housekeeper or nanny they may have access to your credit cards if they are not secured.
by Watty
Wed Sep 23, 2020 3:08 pm
Forum: Personal Consumer Issues
Topic: Smoker next door
Replies: 79
Views: 4332

Re: Smoker next door

One thing to check on is to see if the condo next door is rented.

If so the landlord might not allow smoking even on the patio.

Of course getting the landlord involved could very well start up a feud with the neighbor especially if you did not try talking to them first.
by Watty
Wed Sep 23, 2020 2:39 pm
Forum: Personal Consumer Issues
Topic: Financing Truck for Father, ? regarding Insurance
Replies: 11
Views: 658

Re: Financing Truck for Father, ? regarding Insurance

I've negotiated a 2020 Ford Ranger down to $23,500.... On HH income of $275k, net savings (or debt elimination) is $120k to $130k annually now. We don't have any consumer debt outside of the mortgage (30-year fixed, 2.75%) I think that just paying cash for it is likely the best way but that said he...
by Watty
Wed Sep 23, 2020 4:09 am
Forum: Personal Finance (Not Investing)
Topic: What happens if your income comes in below the minimum for the ACA?
Replies: 70
Views: 4994

Re: What happens if your income comes in below the minimum for the ACA?

I believe the minimum number in 2020 is $23,791 for a couple filing jointly. I don't recall the details but people with low income, but above the minimum will also get additional help with things like deductibles. Be sure to look into that. The standard deduction for a couple is $24,800 so you coul...
by Watty
Wed Sep 23, 2020 3:40 am
Forum: Personal Finance (Not Investing)
Topic: Physicians: Should I leave my job?
Replies: 207
Views: 15673

Re: Physicians: Should I leave my job?

So you were making time sensitive life and death decisions daily as a computer programmer, where what you decided on the spot in a dynmic situation single handedly determined whether someone lived or died, with each situation being unique and sometimes unprecedented? Just the opposite so it it sort...
by Watty
Tue Sep 22, 2020 11:26 pm
Forum: Personal Consumer Issues
Topic: Attend COVID Wedding?
Replies: 22
Views: 2064

Re: Attend COVID Wedding?

It is possible to arrange a wedding with surprisingly short notice. They could just wait until April and decide what to do then and they would have two months to set everything up. They would likely need to be flexible about the details but it is very doable. I know someone that set up a wedding wit...
by Watty
Tue Sep 22, 2020 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Physicians: Should I leave my job?
Replies: 207
Views: 15673

Re: Physicians: Should I leave my job?

All the talk about trying to justify incomes on things like stress and critical skills is mainly off base. It is really much simpler in that because for the most part supply and demand determines what a job will pay. For example some jobs like being a firefighter or EMT would tick a lot of the same ...
by Watty
Tue Sep 22, 2020 6:06 pm
Forum: Personal Consumer Issues
Topic: Sell or donate Volvo? (Worth 14k ish)
Replies: 25
Views: 1971

Re: Sell or donate Volvo? (Worth 14k ish)

Take it to CarMax and then all of the online services: Carvana Vroom Shift AutoNation Autolendersgo +1 Once you find out what you can get you can decide what to do. You could even give the money to a charity if you wanted to and the charity would get a LOT more of the money. If you do give it to a ...
by Watty
Tue Sep 22, 2020 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Balloon payment in beginning of mortgage? Don't get it.
Replies: 10
Views: 1065

Re: Balloon payment in beginning of mortgage? Don't get it.

"a balloon payment in the first 7 years of the life of the loan". Probably need to know words before and after that quote to understand what is meant. +1 The only thing I can think of that might make sense is if it might be related to repaying some of the closing costs that the lender paid in a no ...
by Watty
Tue Sep 22, 2020 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Retire at 66 , SS at 70 , Funding the Gap
Replies: 8
Views: 1106

Re: Retire at 66 , SS at 70 , Funding the Gap

FrankLUSMC wrote: Tue Sep 22, 2020 4:57 pm The gains tax for gold coins is 28%, do not pass GO there. Not the same as LTCG taxes on stock funds.
That is often misunderstood, my understanding is that the gains are taxed at your ordinary income tax rate up to a maximum of 28%.
by Watty
Tue Sep 22, 2020 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Question regarding wife's inheritance
Replies: 20
Views: 1313

Re: Tax Question regarding wife's inheritance

It's unclear to me how to calculate the taxes due - can anyone advise? One thing to do is to look up the safe harbour rules to make sure that enough taxes are withheld based on your income last year so that there will not be a penalty if you do not have enough taxes withheld in 2020. I would suspec...
by Watty
Tue Sep 22, 2020 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Retire at 66 , SS at 70 , Funding the Gap
Replies: 8
Views: 1106

Re: Retire at 66 , SS at 70 , Funding the Gap

I will also be doing Roth Conversions from 66 until 72 . ..... .... Selling 1 gold coin a month ($1900/mo) , A big question is how much you will need to pay in taxes when you sell the gold coins. Depending on how the taxes work out it might make sense to sell a bunch of the gold coins every few yea...