Search found 5019 matches

by Pajamas
Sun May 20, 2018 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Buying a Home, Seeking Advice
Replies: 12
Views: 668

Re: Considering Buying a Home, Seeking Advice

the fact that a motel is next door No, don't buy that house. At first, I thought the same way. The more I think about it though, the less it bothers me. I guess the big question is would it bother potential buyers when/if I ever go to sell it...to which I guess the answer would probably be 'yes, yo...
by Pajamas
Sun May 20, 2018 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: $1,700,000 from family trust...
Replies: 41
Views: 3725

Re: $1,700,000 from family trust...

With regard to investing and gut feelings about corrections, it is impossible to “time the market” and that is antithetical to the Bogleheads approach. Do some research, decide what asset allocation you are comfortable having, and invest accordingly. https://www.bogleheads.org/wiki/Bogleheads®_inve...
by Pajamas
Sun May 20, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Buying a Home, Seeking Advice
Replies: 12
Views: 668

Re: Considering Buying a Home, Seeking Advice

youngpleb wrote:
Sun May 20, 2018 5:23 pm
the fact that a motel is next door
No, don't buy that house.
by Pajamas
Sun May 20, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Trusts and Bank Accounts
Replies: 12
Views: 522

Re: Trusts and Bank Accounts

It doesn’t appear the bank is trustee so no trust officer involved. Gill The trust officer should still be able to answer questions about policies regarding deposits and withdrawals, checks, transfers, etc., specific to trusts. sport, maybe it would help you to think of your self acting on your own...
by Pajamas
Sun May 20, 2018 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Trusts and Bank Accounts
Replies: 12
Views: 522

Re: Trusts and Bank Accounts

Other than my checking account, I have my banking and financial accounts in a revocable trust. I have found that if I have a bank account, such as a CD, and I want to withdraw the money, the bank insists on making the check payable to me as trustee, rather than just me, despite my request to remove...
by Pajamas
Sun May 20, 2018 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Buying a Home, Seeking Advice
Replies: 12
Views: 668

Re: Considering Buying a Home, Seeking Advice

550 square feet sounds very small for a traditional house even though micro or tiny houses and apartments are popular on the internet. Even for a one bedroom apartment, that's on the small side. Many alcove studio apartments are about that size. Seems like it might not be the best choice if it is no...
by Pajamas
Sun May 20, 2018 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Property or Renting? [Australia]
Replies: 1
Views: 141

Re: Buying Property or Renting? [Australia]

You need to crunch the numbers to decide. Here is an example of a calculator that is specific to Australia but I can't vouch for it myself: https://www.yourmortgage.com.au/calculators/rent_vs_buy/ When you crunch the numbers you are making assumptions about the future numbers that may or may not be ...
by Pajamas
Sun May 20, 2018 12:52 pm
Forum: Personal Consumer Issues
Topic: Wifi + wired device
Replies: 30
Views: 889

Re: Wifi + wired device

The cable company won't run a cable to the other end of the house for you?
by Pajamas
Sat May 19, 2018 6:04 pm
Forum: Personal Consumer Issues
Topic: Enclosed Porch Addition - Good or Bad Idea?
Replies: 16
Views: 947

Re: Enclosed Porch Addition - Good or Bad Idea?

The outside portion of the room will match the rest of the house siding and roof, as I agree with you regarding the "patched together" look. The windows will be cut out in a size that allows us to install screens now and windows later. I have done windows before and likely will be able to purchase ...
by Pajamas
Sat May 19, 2018 4:00 pm
Forum: Personal Consumer Issues
Topic: Enclosed Porch Addition - Good or Bad Idea?
Replies: 16
Views: 947

Re: Enclosed Porch Addition - Good or Bad Idea?

If you decide to do it, I would recommend going ahead and adding an enclosed sunroom with windows that you can open rather than a porch that you would later enclose as a sunroom. The latter always seems to look a bit patched-together and is not as energy efficient and it would be less expensive to d...
by Pajamas
Sat May 19, 2018 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Finance a $28,000 house for Brother?
Replies: 55
Views: 3284

Re: Finance a $28,000 house for Brother?

A $28k house sounds like a bad idea in the first place unless your brother has a lot of experience with extensive house renovations. Sounds like you're not in an ideal position to help him financially. Best thing you could do is help your brother improve his credit. One way he can do that is by rent...
by Pajamas
Fri May 18, 2018 5:26 pm
Forum: Personal Consumer Issues
Topic: Registering complaint with American Airlines/American Eagle?
Replies: 25
Views: 1370

Re: Registering complaint with American Airlines/American Eagle?

I was not there so everything I say is secondhand. There did seem to be some confusion as to the gate layout, and my husband was in line to ask about departure well before the 15 minutes. However, there was a line to get to desk and evidently before he actually was able to talk to someone it was pr...
by Pajamas
Fri May 18, 2018 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 95
Views: 4833

Re: Dave Ramsey it or keep low interest debt

Because financially it will not matter, but emotionally it apparently does matter. Why keep an emotional burden when there no quality of life benefit to be gained on the other end? If it didn't matter financially, then why would he even be struggling with making a decision? Meaty, does it matter to...
by Pajamas
Fri May 18, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: Help Adjusting to New Google Finance
Replies: 5
Views: 613

Re: Help Adjusting to New Google Finance

I switched back to Yahoo! Finance. The new Google Finance is useless to me without portfolios.

There were a couple of threads about alternatives to Google Finance:

https://www.google.com/search?q=site%3A ... le+finance
by Pajamas
Fri May 18, 2018 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 95
Views: 4833

Re: Dave Ramsey it or keep low interest debt

retiredjg wrote:
Fri May 18, 2018 4:51 pm
Meaty wrote:
Fri May 18, 2018 4:33 pm
.... but heart would prefer to payoff
That's the answer then.
Why should he decide by emotion instead of reason?
by Pajamas
Fri May 18, 2018 5:04 pm
Forum: Investing - Theory, News & General
Topic: Which AA do people draw from in retirement?
Replies: 17
Views: 1363

Re: Which AA do people draw from in retirement?

It's hard to answer your question without more context. Tax implications depend more on the type of the account than the type of investment in the account. Many people withdraw from taxable accounts until they have to withdraw from retirement accounts. Many people use withdrawals as an opportunity t...
by Pajamas
Fri May 18, 2018 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 95
Views: 4833

Re: Dave Ramsey it or keep low interest debt

Thank you both. I realize it’s a heart vs brain issue. My brain says keep it as I’ll likely earn more in my accounts but heart would prefer to payoff Well, you can always decide to pay off the loans later but you can't un-pay them off once you have paid them off. Look at it this way... if you had b...
by Pajamas
Fri May 18, 2018 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Home Loan from Parents
Replies: 17
Views: 1176

Re: Home Loan from Parents

If they give you a lower-than-market rate, the difference is considered a gift. That might not be a problem as long as their estate won't owe inheritance taxes. I don't think it would really benefit them unless the risk is ignored. Making a single loan even to a well-off relative is riskier than CDs...
by Pajamas
Fri May 18, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Account Advice
Replies: 10
Views: 997

Re: Taxable Account Advice

Maybe start with the basics and figure out an asset allocation that matches your goals and then allocate across your accounts rather than just deciding what to buy in your taxable account out of context. https://www.bogleheads.org/wiki/Getting_started https://www.bogleheads.org/wiki/Asset_allocation...
by Pajamas
Fri May 18, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 95
Views: 4833

Re: Dave Ramsey it or keep low interest debt

No one can say with certainty which will actually be better for you financially. Which do you think and feel will put you ahead financially, investing or paying off the loans? If you are truly on the fence and can't decide despite all that you know about this decision from being active on Bogleheads...
by Pajamas
Fri May 18, 2018 2:54 pm
Forum: Investing - Theory, News & General
Topic: Equity Crowdfunding
Replies: 7
Views: 363

Re: Equity Crowdfunding

jdarvan1 wrote:
Fri May 18, 2018 2:49 pm
Ok great thanks!

I don't suppose you have any personal experience with any equity crowdfunding platforms?
No, I wouldn't mess around with direct investments with start-up companies that couldn't get pros to invest in them, myself.
by Pajamas
Fri May 18, 2018 2:41 pm
Forum: Investing - Theory, News & General
Topic: Equity Crowdfunding
Replies: 7
Views: 363

Re: Equity Crowdfunding

Welcome to Bogleheads! Here are some previous threads on the topic that you might find helpful: https://www.google.com/search?q=%22equity+crowdfunding%22+site%3Abogleheads.org Generally, it's not recommended because of poor returns, especially not for investors who aren't super-wealthy. You might wa...
by Pajamas
Fri May 18, 2018 2:37 pm
Forum: Personal Consumer Issues
Topic: Light or Dark House
Replies: 4
Views: 748

Re: Light or Dark House

Yes, it has a significant effect on absorption or reflection, but the color and reflectivity of your roof are probably more important as are other factors such as insulation. https://www.nrel.gov/docs/legosti/old/15771.pdf If your house gets hot you might stick with a lighter color and also make sur...
by Pajamas
Fri May 18, 2018 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Does COBRA cost correlate to box 12 DD on W-2?
Replies: 4
Views: 311

Re: Does COBRA cost correlate to box 12 DD on W-2?

So, about $1200 (assuming slightly higher cost for 2018) sounds right? I very much doubt we could do better! We got this health plan in 2017 along with an acquisition. It has no deductible, $20/$40 copays for appts, 20% coinsurance for everything other than appts, $8k max out of pocket. We won't be...
by Pajamas
Fri May 18, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Does COBRA cost correlate to box 12 DD on W-2?
Replies: 4
Views: 311

Re: Does COBRA cost correlate to box 12 DD on W-2?

Yes, that is supposed to include both the employer and employee cost of the health care. The additional 2% administrative fee for COBRA is standard. https://www.irs.gov/affordable-care-act/form-w-2-reporting-of-employer-sponsored-health-coverage ACA coverage may cost you less than COBRA but of cours...
by Pajamas
Fri May 18, 2018 2:15 pm
Forum: Investing - Theory, News & General
Topic: Are you concerned that over 75% of IPOs are unprofitable?
Replies: 8
Views: 784

Re: Are you concerned that over 75% of IPOs are unprofitable?

No, I would be much more concerned about the stock price dropping below the offering price as so often is the case.
by Pajamas
Fri May 18, 2018 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Sell or rent first home?
Replies: 9
Views: 589

Re: Sell or rent first home?

Would you buy this particular property now in order to become a landlord? If not, then sell it.

If you do decide to start a property rental business, check to make sure that your current mortgage will allow this.
by Pajamas
Fri May 18, 2018 12:47 pm
Forum: Personal Consumer Issues
Topic: vitamins and supplements
Replies: 11
Views: 807

Re: vitamins and supplements

Yes, you probably don't need many supplements including most of the ones you listed and some can be harmful. There are a few such as vitamin D and vitamin B and folic acid which may be recommended. Discuss with a doctor or a registered dietician if you don't want to do your own research. https://www...
by Pajamas
Fri May 18, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Surgeon salary vs owning a business salary/profit?
Replies: 47
Views: 3925

Re: Surgeon salary vs owning a business salary/profit?

Which one is higher on average? Surgeon salary vs owning a business salary/profit? I am wondering if a surgeon salary + benefits almost always comes out ahead of starting your own business. I am ~25y/o and am pursuing the medical school/surgeon track but am just wondering who produces more money an...
by Pajamas
Fri May 18, 2018 12:31 pm
Forum: Personal Consumer Issues
Topic: Renting storage unit
Replies: 24
Views: 1646

Re: Renting storage unit

Am wondering if it would be a good option for a family of 4 living in a small apartment and being tight on space (over renting a bigger place). First thing to do would be to declutter. The storage unit would only be appropriate for seasonal items that are actually used yearly or nearly so: Christma...
by Pajamas
Fri May 18, 2018 12:23 pm
Forum: Personal Consumer Issues
Topic: Bed Bugs
Replies: 36
Views: 3298

Re: Bed Bugs

Also had this problem when living in an apartment and I can attest to the mattress shield. I put my mattress in one and left it on for a year. After that time, the bugs will have died and you can then take it off and use your mattress as you were before. It is far less expensive than buying a new o...
by Pajamas
Fri May 18, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Qualify for Obama care for a part of the year.
Replies: 24
Views: 703

Re: Qualify for Obama care for a part of the year.

Ugh! It seems my question is confusing. I am privileged to always have health coverage with work and I have very little information about otherwise. My questions should be: What should he do and what are his options? It seems like there are two things now, he could try to get on medicaid (I think t...
by Pajamas
Fri May 18, 2018 12:01 pm
Forum: Personal Consumer Issues
Topic: Moving to Texas - [Request for clothes, car window tint] recommendations
Replies: 35
Views: 1985

Re: Moving to Texas - [Request for clothes, car window tint] recommendations

Given my age and the new climate, I am looking for some recommendations on what is most comfortable for those of you who work in arid, warmer climates. Fridays there are pretty chill on the wardrobe front, but a typical office clothing environment otherwise. I'm wondering if there are ideal or "coo...
by Pajamas
Fri May 18, 2018 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Qualify for Obama care for a part of the year.
Replies: 24
Views: 703

Re: Qualify for Obama care for a part of the year.

Yes, he might qualify for Medicaid if his income dropped to next to nothing but the rules depend on the state.
by Pajamas
Fri May 18, 2018 10:45 am
Forum: Personal Consumer Issues
Topic: Hot food flavoring (sauces, spices and peppers)
Replies: 51
Views: 2694

Re: Hot food flavoring (sauces, spices and peppers)

I see someone mentioned the pickled escabeche and that reminded me that I didn't mention chipotle peppers in adobo sauce. I go through many cans (not just for Mexican food) and sometimes add cocoa powder, cumin, etc.
by Pajamas
Fri May 18, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: Mitsubishi wall air conditioner
Replies: 34
Views: 1960

Re: Mitsubishi wall air conditioner

It would be for the upstairs which has three bedrooms and a full bath. It's approximately 800 square feet total with 14 ft ceilings and two open stairwells. One is the main hall starwell, the other goes out of a bedroom. The door is at the bottom. They work very well for single rooms and retrofit s...
by Pajamas
Fri May 18, 2018 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Basic questions about taxable accounts
Replies: 10
Views: 827

Re: Basic questions about taxable accounts

Would you: a) contribute to a 457b once other tax-deferred accounts are maxed out; or b) forget it since options are lousy, and put extra into a taxable account? And what taxable accounts specifically would you recommend? I have been reading about tax-efficient strategies and am a little confused a...
by Pajamas
Fri May 18, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: Registering complaint with American Airlines/American Eagle?
Replies: 25
Views: 1370

Re: Registering complaint with American Airlines/American Eagle?

Unless there was something unusual going on he could be lucky that they are letting him rebook without a fee if he had a discounted ticket with lots of restrictions. +1 Most airlines aren't so accommodative these days when someone misses or is late for a flight. Seems like they probably already did...
by Pajamas
Fri May 18, 2018 2:26 am
Forum: Investing - Theory, News & General
Topic: Is Vanguard anti-competitive?
Replies: 26
Views: 2565

Re: Is Vanguard anti-competitive?

All corporations are subject to this requirement, and no corporation is able to get away without following this requirement (in the long run). But Vanguard is able to "get away" with returning value to its shareholders (Vanguard funds) daily, without ever paying taxes, over an indefinite time horiz...
by Pajamas
Fri May 18, 2018 1:47 am
Forum: Investing - Theory, News & General
Topic: Is Vanguard anti-competitive?
Replies: 26
Views: 2565

Re: Is Vanguard anti-competitive?

From my PM, I sense a fair amount of implied malevolence due to my question here. Not sure why it is so hard to extend a sense of good faith to others that disagree with you or perhaps are just ignorant of the fact of the matter. Welcome to Bogleheads! :beer I was not suggesting that Vanguard was e...
by Pajamas
Fri May 18, 2018 1:40 am
Forum: Personal Consumer Issues
Topic: Buy now and wait one more year to move in?
Replies: 10
Views: 843

Re: Buy now and wait one more year to move in?

What if property prices go down instead of up? At least consider that possibility given rising interest rates from historical lows and a current scramble to buy before they do, along with some other factors such as some foreign countries restricting cash outflows that have funded housing purchases i...
by Pajamas
Fri May 18, 2018 1:39 am
Forum: Investing - Theory, News & General
Topic: Is Vanguard anti-competitive?
Replies: 26
Views: 2565

Re: Is Vanguard anti-competitive?

Interesting read. But from the very page you cited: "At one time, most major U.S. life insurers were mutual companies. For many years, the tax status of such organizations was open to dispute, as they were technically nonprofit organizations. Eventually, it was agreed that federal taxation would be...
by Pajamas
Fri May 18, 2018 1:30 am
Forum: Personal Finance (Not Investing)
Topic: Cancelling term life insurance policies paid annually, will I get a refund
Replies: 9
Views: 697

Re: Cancelling term life insurance policies paid annually, will I get a refund

I thought perhaps others here might have personal experience doing this. Someone else's personal experience might not even be applicable to your own policies if they lived in the same state and had a different policy from the same company. You need to check with the agent or customer service rep fo...
by Pajamas
Fri May 18, 2018 1:22 am
Forum: Investing - Theory, News & General
Topic: Is Vanguard anti-competitive?
Replies: 26
Views: 2565

Re: Is Vanguard anti-competitive?

Credit unions are not-for-profit cooperatives, which is not a status Vanguard has as a for profit corporation, as far as I understand. Vanguard is a mutual organization, which has a long history in the U.S. financial sector. https://en.wikipedia.org/wiki/Mutual_organization Besides, even for-profit...
by Pajamas
Thu May 17, 2018 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Employ a daughter who in turn volunteers?
Replies: 18
Views: 1252

Re: Employ a daughter who in turn volunteers?

From her perspective, isn't she she working and receiving an hourly wage? No. She would be receiving money from her parents and also separately volunteering at a research lab. If you owned the research lab you could hire her to work there but clearly she will be volunteering at a research lab. It's...
by Pajamas
Thu May 17, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Employ a daughter who in turn volunteers?
Replies: 18
Views: 1252

Re: Employ a daughter who in turn volunteers?

Could we instead pay her an hourly wage as a 1099 independent contractor, and ask her to volunteer at the research lab? Sounds like tax evasion since she is not actually working for you. Could we then issue her a 1099 at the end of the summer, this "earned income" qualifying her to contribute to a ...
by Pajamas
Thu May 17, 2018 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Why didn’t my variable mortgage rate go up?
Replies: 8
Views: 454

Re: Why didn’t my variable mortgage rate go up?

gilgamesh wrote:
Thu May 17, 2018 3:47 pm
I know for sure, as per the contract they could have increased it to 5.85% this year, even the letter I got says that.
What reason did they give in the letter or when you called and asked about it?
by Pajamas
Thu May 17, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Why didn’t my variable mortgage rate go up?
Replies: 8
Views: 454

Re: Why didn’t my variable mortgage rate go up?

Maybe they expect to be able to raise it to a much higher rate later but are limited as to how often they can raise it. Or maybe because the balance is so low they figure you would just pay it off. Maybe the paperwork isn't worth it since the mortgage will be finished so soon and the increased inter...
by Pajamas
Thu May 17, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Property as a supplemental income strategy in retirement?
Replies: 7
Views: 763

Re: Rental Property as a supplemental income strategy in retirement?

Anyone think RE is a good diversification strategy beyond a simple BH passive strategy? Of course there are plenty of people who will agree with that statement and I'm sure they will be along shortly. To me, your situation is a good example of some of the negatives of real estate beyond the obvious...