Search found 4526 matches

by Pajamas
Thu Apr 19, 2018 4:17 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 121
Views: 6477

Re: Is Los Angeles a good place long term to live financially?

All talk. We’ve seen it with his past posts. I did read his past posts and understand why some posters react the way they do, but I am also a bit surprised at the degree of the reaction. It seems some posters think that someone who is privileged couldn't have legitimate problems or need advice just...
by Pajamas
Thu Apr 19, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback needed on my portfolio
Replies: 3
Views: 95

Re: Feedback needed on my portfolio

At your age you would probably want a relatively high allocation to equities. Read this for some thoughts on allocation: https://www.bogleheads.org/wiki/Asset_allocation If you want advice about what funds to choose, list the ones available to you with the expenses. Here's some information about how...
by Pajamas
Thu Apr 19, 2018 3:58 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 121
Views: 6477

Re: Is Los Angeles a good place long term to live financially?

OP. Seriously. Do you want to become some creepy 40 year old dude who’s still trying to impress the undergrad girls with his trust fund? That’s the path you’re heading down right now. Not OP here but I don't understand your comment. One of his four clearly-stated goals is to get married. His two pr...
by Pajamas
Thu Apr 19, 2018 3:43 pm
Forum: Personal Consumer Issues
Topic: Factor in evaluating Physicians
Replies: 19
Views: 602

Re: Factor in evaluating Physicians

nisiprius wrote:
Thu Apr 19, 2018 3:10 pm
I mean, how about the companies that give doctors those big plastic models of vomeronasal organs and gizzards and abomasums that the doctor can use in patient education?
Nisiprius, your doctor has plastic models of gizzards and abomasums in the office? :shock:
by Pajamas
Thu Apr 19, 2018 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Effects of 20% Down payment over time, thoughts?
Replies: 13
Views: 1031

Re: Effects of 20% Down payment over time, thoughts?

You don't just lose the money you've put into the down payment; you have equity. There's no guarantee of that, as many people discovered in 2008-2009 and the following years. Some housing markets have still not recovered completely. If you hand the keys back to the bank or have to sell at a signifi...
by Pajamas
Thu Apr 19, 2018 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Applying for ACA ?
Replies: 5
Views: 222

Re: Applying for ACA ?

Do you have a qualifying life event in the past sixty days? http://connectforhealthco.com/resources/before-you-buy/when-can-i-buy/ The biggest issue is probably choosing a plan level and also a specific company. A broker can help you with that. They get commissions from the companies. You might want...
by Pajamas
Thu Apr 19, 2018 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Loan Repayment with Appreciated Stock
Replies: 3
Views: 150

Re: Loan Repayment with Appreciated Stock

It seems that in the scenario you describe, you are effectively buying the stock from her, so she would have to report the capital gains at the time of sale or transfer to you and possibly pay taxes on them. It would not be a gift transaction because she received the market value in cash from you pr...
by Pajamas
Thu Apr 19, 2018 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: What is "journaling" of assets?
Replies: 5
Views: 447

Re: What is "journaling" of assets?

It's sloppy to use that sort of lingo in letters to clients. "Journal" refers to bookkeeping entries and account records. Is it a Canadian or Caribbean firm or similar? The institution is basically asking for very specific written instructions about what to do with the account and the various assets...
by Pajamas
Thu Apr 19, 2018 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Setting up an SFO (single family office) in Switzerland
Replies: 5
Views: 266

Re: Setting up an SFO (single family office) in Switzerland

elderwise wrote:
Thu Apr 19, 2018 11:37 am
What is SFO? i tried doing a google could not find anything.Is this a self employment / visa for foreign nationals?
Check the post title!
by Pajamas
Thu Apr 19, 2018 11:33 am
Forum: Investing - Theory, News & General
Topic: Bill Bonner: what's your take?
Replies: 18
Views: 1188

Re: Bill Bonner: what's your take?

TreadLightly wrote:
Thu Apr 19, 2018 12:32 am
. instead we've bought some dern blasted gold and silver for the end of the world.
Oh, you should watch this one-minute short film about when that actually comes to pass.

https://digg.com/video/survivalist-short-film
by Pajamas
Thu Apr 19, 2018 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Effects of 20% Down payment over time, thoughts?
Replies: 13
Views: 1031

Re: Effects of 20% Down payment over time, thoughts?

You don't just lose the money you've put into the down payment; you have equity. There's no guarantee of that, as many people discovered in 2008-2009 and the following years. Some housing markets have still not recovered completely. If you hand the keys back to the bank or have to sell at a signifi...
by Pajamas
Thu Apr 19, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: Master Bath remodel price?
Replies: 12
Views: 668

Re: Master Bath remodel price?

If you will be selling in ten years, think carefully about your specific choices. That's enough time for your fresh remodel to look dated. If there is any way to keep the plumbing, and especially the toilet, in the same place, it would save you a lot of money. If you are looking at $30-50k, figure i...
by Pajamas
Thu Apr 19, 2018 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Effects of 20% Down payment over time, thoughts?
Replies: 13
Views: 1031

Re: Effects of 20% Down payment over time, thoughts?

I think that not being able to put down 20% is a big red flag. Choosing not to put down 20% because of low interest rates and the way the numbers work out compared to other uses of the money is a different matter.
by Pajamas
Thu Apr 19, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: received junk US credit card mails for canadian parents
Replies: 1
Views: 110

Re: received junk US credit card mails for canadian parents

This opt-out process is effective but I don't remember if you need a SSN or not.

https://www.consumer.ftc.gov/articles/0 ... nce-offers
by Pajamas
Thu Apr 19, 2018 10:03 am
Forum: Personal Consumer Issues
Topic: Another discussion about private vs public schools?
Replies: 49
Views: 1503

Re: Another discussion about private vs public schools?

Most school rankings data is bunk, and correlates very closely with household income levels. You are well-educated professionals, and your child will likely do fine in any halfway decent school environment. Key there is "halfway decent." A lot of people don't realize how bad some schools really are...
by Pajamas
Thu Apr 19, 2018 9:39 am
Forum: Personal Consumer Issues
Topic: Buy rental property out of state !
Replies: 16
Views: 1106

Re: Buy rental property out of state !

Check out the Shea Show on YouTube. Fun to watch and you get the thrill of being a long-distance landlord without any expense or trouble. You could also hire him to find, renovate, and manage properties for you. Here are his videos sorted by popularity but you can sort by date, too: https://www.yout...
by Pajamas
Thu Apr 19, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Breaking a monthly lease before tenant moves in.
Replies: 2
Views: 564

Re: Breaking a monthly lease before tenant moves in.

Even with a month-to-month or shorter lease, a tenant doesn't expect to be given notice right away and moving is expensive and a lot of trouble. Seems like telling the tenant right now would be the right thing to do for everyone. You could still give them the option of moving in for three weeks or w...
by Pajamas
Thu Apr 19, 2018 9:18 am
Forum: Personal Consumer Issues
Topic: Another discussion about private vs public schools?
Replies: 49
Views: 1503

Re: Another discussion about private vs public schools?

First of all, you don't have to worry about this right now, although it's good to keep it in mind. You do have more important things to worry about right now. If you can afford the private school and it's clearly better than the public schools, then sending your daughter to the private school would ...
by Pajamas
Thu Apr 19, 2018 9:03 am
Forum: Investing - Theory, News & General
Topic: Bill Bonner: what's your take?
Replies: 18
Views: 1188

Re: Bill Bonner: what's your take?

Never heard of this guy Bill Bonner but sounds like he's a permabear. Honestly, you should probably give up and buy your husband a permabear tee shirt, bumper sticker, and coffee mug and just be glad that he's not gone full-on goldbug prepper and also invest your portfolio as you think it ought to b...
by Pajamas
Thu Apr 19, 2018 12:14 am
Forum: Investing - Help with Personal Investments
Topic: What to do with gifted individual losers and gainers?
Replies: 14
Views: 759

Re: What to do with gifted individual losers and gainers?

Well, not much of that is very Bogleheadish, but there's no requirement that you follow Boglehead principles to any degree or to minimize risk or to do anything else. However, I don't think it is smart for anyone to take risk without consideration and it seems that you didn't choose these specific s...
by Pajamas
Wed Apr 18, 2018 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with gifted individual losers and gainers?
Replies: 14
Views: 759

Re: What to do with gifted individual losers and gainers?

but i guess there's no reason to sell the winners until we've invested the cash we're going to slowly put into the market. One reason might be to reduce risk and volatility associated with individual stocks. For instance, GE has decreased in value by more than 50% in just four or five months and th...
by Pajamas
Wed Apr 18, 2018 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Corporate Leveling
Replies: 22
Views: 2159

Re: Corporate Leveling

FIREchief wrote:
Wed Apr 18, 2018 6:10 pm
The problem comes in when the guy wearing his pants backwards tries to tell you that this is the novel way of putting pants on that increased his productivity.
Or when the company announces that employees are no longer going to be wearing pants but will be wearing pajamas, instead.
by Pajamas
Wed Apr 18, 2018 5:21 pm
Forum: Investing - Theory, News & General
Topic: The World in 2050 — An Emergent Middle Class
Replies: 32
Views: 2946

Re: The World in 2050 — An Emergent Middle Class

Thesaints wrote:
Wed Apr 18, 2018 5:15 pm
Many of us take vacations to Aspen, St. Barts, Paris. Could ever many Chinese and Indians do the same ?
The Chinese are already number one for spending on international tourism at over $260 billion, more than twice as much as Americans and more than three times as much as Germans.
by Pajamas
Wed Apr 18, 2018 5:11 pm
Forum: Investing - Theory, News & General
Topic: The World in 2050 — An Emergent Middle Class
Replies: 32
Views: 2946

Re: The World in 2050 — An Emergent Middle Class

Additionally, for a lot of products/services it is not the aggregate amount that matters. A billion Chinese may have an aggregate income thousands of time larger than Belgians, yet the latter still buy more rolex. Asia is by far the biggest market for Swiss luxury watch exports and for many other l...
by Pajamas
Wed Apr 18, 2018 5:05 pm
Forum: Investing - Theory, News & General
Topic: Lack of FDIC Insurance a big deal?
Replies: 23
Views: 1810

Re: Lack of FDIC Insurance a big deal?

I think there have been other money market funds which technically broke the buck but the sponsor bailed them out. The ones that shortchanged investors were ones where the firms themselves were not able to support the fund when it got into trouble. I guess there is no guarantee that a company would ...
by Pajamas
Wed Apr 18, 2018 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: what to do with a windfall$$$
Replies: 7
Views: 946

Re: what to do with a windfall$$$

If you're in the NYC area you could expect to use an outdoor pool five months a year at best. You have the initial expense and the expense and trouble of ongoing maintenance and there's no financial return on it. The question you should ask yourself about that is if you and your family would really ...
by Pajamas
Wed Apr 18, 2018 4:44 pm
Forum: Investing - Theory, News & General
Topic: Your Money Or Your Life
Replies: 49
Views: 6052

Re: Your Money Or Your Life

Amusingly a friend just picked up this book to read the new edition and mentioned we read it ten-plus years ago. I don't recall it but her older emphasis on bonds, bonds, bonds, seems very odd today. The basis for that was absolute safety and predictability and simplicity. T-Bills were the recommen...
by Pajamas
Wed Apr 18, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Got hit with a $2800 Medical bill. Can I negotiate?
Replies: 145
Views: 6586

Re: Got hit with a $2800 Medical bill. Can I negotiate?

In the past when I have needed medical tests other than routine ones, I have asked the doctor beforehand what the procedure code, or CPT code is. Once you have that code, call your insurance company - if you have the code they can usually tell you how much they cover for the procedure. Then in most...
by Pajamas
Wed Apr 18, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Expensive house... does this make sense?
Replies: 24
Views: 2115

Re: Expensive house... does this make sense?

Sounds like you have to decide on whether or not you wish to rely on having a tenant in order to swing the purchase. If you decide to go ahead with it, at least make sure that the rental apartment is legal and has all necessary permits. A visit from the building inspector or fire department can resu...
by Pajamas
Wed Apr 18, 2018 2:56 pm
Forum: Personal Consumer Issues
Topic: Association Property tax appeal - opt in
Replies: 8
Views: 463

Re: Association Property tax appeal - opt in

I have appealed on my own before. It is a simple process. I didn't really get anywhere. That was on another property though. My friend that worked for the county and was an attorney and then a judge told me that if you don't hire an attorney they know (politicians firm, worked for the county previo...
by Pajamas
Wed Apr 18, 2018 1:14 pm
Forum: Personal Consumer Issues
Topic: Association Property tax appeal - opt in
Replies: 8
Views: 463

Re: Association Property tax appeal - opt in

My question is, since similar properties are supposed to be assessed the same, and most of the units here are identical, if I don't do anything, will my assessed value actually rise? I looked at a few of my neighbors and we had the same assessed as me, but I don't know if they hired the attorney or...
by Pajamas
Wed Apr 18, 2018 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Got hit with a $2800 Medical bill. Can I negotiate?
Replies: 145
Views: 6586

Re: Got hit with a $2800 Medical bill. Can I negotiate?

But you ARE told in advance that you might use your entire deductible EVERY YEAR. This is NOT a surprise. Everyone needs to have their deductible stashed away as part of their emergency funds. This is NOT a surprise. The amount in question did not exceed his deductible. He might never exceed his de...
by Pajamas
Wed Apr 18, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: Your Money Or Your Life
Replies: 49
Views: 6052

Re: Your Money Or Your Life

It seems that some of the posters criticizing the book either haven't read it or else haven't understood it if they have read it. The path it suggested is not for everyone but it did not suggest living a substandard, miserable, cheap life, just the opposite. The key word was "frugal". I read the or...
by Pajamas
Wed Apr 18, 2018 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Unable to e file extension and direct pay today
Replies: 5
Views: 271

Re: Unable to e file extension and direct pay today

What tax software are you using? What was the software support's response to your inquiry?
by Pajamas
Wed Apr 18, 2018 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Got hit with a $2800 Medical bill. Can I negotiate?
Replies: 145
Views: 6586

Re: Got hit with a $2800 Medical bill. Can I negotiate?

This is a good point. When bills are negotiated, do they go back to the insurance provider or does the medical provider reduce the dollar amount and write off the rest? Bills are not generally negotiated if an insurance company is the intermediary as the rates are contracted between the insurance c...
by Pajamas
Wed Apr 18, 2018 11:47 am
Forum: Personal Consumer Issues
Topic: PC laptops
Replies: 88
Views: 3067

Re: PC laptops

I had thought you couldn't install anything on Chromebooks, but online it seems to indicate that you might be able to load Android apps. Anyone have information? I'm not terribly interested for myself, as I need Windows for various things, but I like to have information. Plenty of extensions are av...
by Pajamas
Wed Apr 18, 2018 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Broke up with my girlfriend for financial reasons: crazy?
Replies: 53
Views: 2909

Re: Broke up with my girlfriend for financial reasons: crazy?

Seems like there is some incompatibility. Specifically, it sounds like she is immature in some ways and has unreasonable expectations that other people should provide for her to facilitate a lifestyle she can't afford herself. Not to put too much emphasis on any single event or interaction, but did ...
by Pajamas
Wed Apr 18, 2018 9:07 am
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 121
Views: 6477

Re: Is Los Angeles a good place long term to live financially?

rec7 wrote:
Wed Apr 18, 2018 9:04 am
Well I will give you an example. I make 15k a year. What percentage of beautiful women in LA would would be interested in me?
Depends on your other attributes.
by Pajamas
Wed Apr 18, 2018 9:05 am
Forum: Personal Consumer Issues
Topic: landline solutions
Replies: 27
Views: 1333

Re: landline solutions

About power failures with cordless landline phones, the landline system I bought recently (base unit plus three cordless phones) will work during a power failure, powered by the battery in whichever phone is plugged into the base. For how long? When Verizon eliminated copper lines, they provided a ...
by Pajamas
Wed Apr 18, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: landline solutions
Replies: 27
Views: 1333

Re: landline solutions

Verizon eliminated copper lines in my area. It would not be difficult to transfer your number to another provider, even to a service like Google Voice. You could then forward it to any number you chose. However, I would be hesitant to transfer a business number to any telephone service provider with...
by Pajamas
Wed Apr 18, 2018 8:45 am
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 121
Views: 6477

Re: Is Los Angeles a good place long term to live financially?

I always thought beautiful women were looking for a high net worth man? That why I did not go after them. Right or wrong? Probably isn't helpful to you or anyone else to generalize about women or even about beautiful women. Nothing bad is meant by it. It is just what I have seen in my lifetime. Mig...
by Pajamas
Wed Apr 18, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 121
Views: 6477

Re: Is Los Angeles a good place long term to live financially?

rec7 wrote:
Wed Apr 18, 2018 8:38 am
I always thought beautiful women were looking for a high net worth man? That why I did not go after them. Right or wrong?
Probably isn't helpful to you or anyone else to generalize about women or even about beautiful women.
by Pajamas
Wed Apr 18, 2018 8:37 am
Forum: Investing - Theory, News & General
Topic: Your Money Or Your Life
Replies: 49
Views: 6052

Re: Your Money Or Your Life

It seems that some of the posters criticizing the book either haven't read it or else haven't understood it if they have read it. The path it suggested is not for everyone but it did not suggest living a substandard, miserable, cheap life, just the opposite. The key word was "frugal". I read the ori...
by Pajamas
Wed Apr 18, 2018 8:20 am
Forum: Personal Consumer Issues
Topic: PC laptops
Replies: 88
Views: 3067

Re: PC laptops

Now my iMac seems to be giving up the ghost. It's almost five years old and it's really slowing down. <snip> I mainly use my computers for web surfing and emailing. I don't need anything really fancy. I am all for refreshing technology when you need to. I have probably a dozen different computers l...
by Pajamas
Wed Apr 18, 2018 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 90
Views: 7384

Re: Quitting job - what to do if getting walked to the door

Watty wrote:
Wed Apr 18, 2018 8:06 am
Even if they walk him to the door there would be a stop at the HR office where he would get any required notice about his COBRA options so it would be little different than if he works the full two weeks.
They can also walk people straight to the door and mail the information.
by Pajamas
Tue Apr 17, 2018 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 116
Views: 8835

Re: Can I retire at age 40?

Since the consensus is avoid day trading. I think I’ll try it on a small scale. Just to see how it goes. But more for fun. I am competitive and like to find the way to win. So my pride tells me I need to try it but I’ll limit it to $30,000 and see if I can grow it or lose it. So I don’t become anot...
by Pajamas
Tue Apr 17, 2018 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: How to handle former employer’s retirement plan
Replies: 23
Views: 1523

Re: How to handle former employer’s retirement plan

I'm almost sure this is not correct. You can take your money out of any 403b without penalty after 59.5 regardless of whether you're still working. The plan can choose to allow it or not. I had several different 403(b) plans and I don't think any of them allowed withdrawals while employed. They all...
by Pajamas
Tue Apr 17, 2018 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Please help figuring out cost of medical treatment(s)
Replies: 8
Views: 700

Re: Please help figuring out cost of medical treatment(s)

I don't think you are going to get an answer that easily. The people administering the med probably don't know the codes or what each component of the bill costs. You would probably get multiple bills because the doctor involved may bill separately. I would contact the patient representative or pati...
by Pajamas
Tue Apr 17, 2018 8:57 pm
Forum: Personal Consumer Issues
Topic: Is c10-30 Alkyl Acrylate Crosspolymer an Environmental Pollutant?
Replies: 7
Views: 466

Re: Is c10-30 Alkyl Acrylate Crosspolymer an Environmental Pollutant?

Looks like I am behind the times. They are banned from retail sale in the U.S. as of this year, but are probably still on shelves. Avoid products that say they exfoliate unless they also say they are free of microbeads. You can read the ingredient list to look for polyethylene beads or similar wordi...