Search found 4545 matches

by Pajamas
Fri Apr 20, 2018 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: stocks gifted and new basis?
Replies: 5
Views: 160

Re: stocks gifted and new basis?

In all fairness, the website is fool.com. What would you expect? :beer
by Pajamas
Fri Apr 20, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Should I continue to hold REITs?
Replies: 15
Views: 1082

Re: Should I continue to hold REITs?

Don't try to time the market. Don't buy high and sell low. Don't judge an investment after a year or so. Stick to your planned allocation. Rebalance into REITs.
by Pajamas
Fri Apr 20, 2018 3:15 pm
Forum: Personal Consumer Issues
Topic: Do US Postal Regulations Prohibit Me From Picking Up My Mail At The PO?
Replies: 12
Views: 1061

Re: Do US Postal Regulations Prohibit Me From Picking Up My Mail At The PO?

In my semi-rural area, I cannot get mail delivery. I have to rent a PO Box at the small, local post office. If I forget my PO Box key, most of the clerks will NOT get the mail out of my box and hand it over the counter. They have a notice hanging on the wall quoting the relevant regulation number. ...
by Pajamas
Fri Apr 20, 2018 2:29 pm
Forum: Personal Consumer Issues
Topic: Do Apple products need Norton anti Virus?
Replies: 12
Views: 818

Re: Do Apple products need Norton anti Virus?

Related but different issue - more and more I've been running into those hidden malware links on regular commercial websites that are embedded within a legit link or picture (I'm sure there's a fancy name for them that I don't know). Any thoughts on how to avoid those or spot them? You're probably ...
by Pajamas
Fri Apr 20, 2018 1:52 pm
Forum: Personal Consumer Issues
Topic: So many problems I can't even figure out how to prioritize them
Replies: 24
Views: 1729

Re: So many problems I can't even figure out how to prioritize them

Water pressure regulator : Needed, apparently. From our home inspection before purchase, our water pressure is too high. Insulation : One wall of the house is at R2. Makes for a cold room and poor efficiency. Door weather stripping : Front door's weather stripping is missing. Heat escapes. Bathroom...
by Pajamas
Fri Apr 20, 2018 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Pay for medical school or Roth conversion
Replies: 15
Views: 742

Re: Pay for medical school or backdoor Roth

So you would be about 47 when you pay off your loans. I wanted to stop working at that age. :D
by Pajamas
Fri Apr 20, 2018 1:03 pm
Forum: Personal Consumer Issues
Topic: Do Apple products need Norton anti Virus?
Replies: 12
Views: 818

Re: Do Apple products need Norton anti Virus?

Did the salesperson give you a reason for that? It's not true that Apple or any other computers are immune from malware and other security issues.

Read this:

https://www.macworld.co.uk/feature/mac- ... 8-3672182/
by Pajamas
Fri Apr 20, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage payment frequency - Monthly vs. Weekly
Replies: 3
Views: 304

Re: Mortgage payment frequency - Monthly vs. Weekly

3.5% mortgage rate ~$275K principal oustanding, 25 years left on loan Only plan to be in this home for another 2-3 years. If you are going to sell the house in 2-3 years and your mortgage rate is 3.5% you would probably be better off investing instead of paying down your principal. If you are going...
by Pajamas
Fri Apr 20, 2018 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Guaranty appraisal on real estate. Good idea? This must be a bubble?
Replies: 21
Views: 1104

Re: Guaranty appraisal on real estate. Good idea? This must be a bubble?

No, we are agreeing up front on our offer to pay up to X dollars if the appraisal is X dollars short. If the appraisal was even lower than X, then the deal would potentially be void. This is really an issue of market value vs. appraised value. If the fair market value is so much over a reliable app...
by Pajamas
Fri Apr 20, 2018 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Pay for medical school or Roth conversion
Replies: 15
Views: 742

Re: Pay for medical school or backdoor Roth

I agree that you should think long-term on this and not worry so much about the student loans, especially if there is a chance they would be forgiven.

If you borrow the entire cost of medical school, how long would it take you to pay off your loans afterwards?
by Pajamas
Fri Apr 20, 2018 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Guaranty appraisal on real estate. Good idea? This must be a bubble?
Replies: 21
Views: 1104

Re: Guaranty appraisal on real estate. Good idea? This must be a bubble?

Realtor calls it the strongest sellers market he has seen in his 25 year career. Thoughts on this? Housing markets are local so it's hard to comment on yours without being familiar with it. In general, be patient, save, and wait for a strong buyer's market. Also, being right next to a playground so...
by Pajamas
Fri Apr 20, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Interesting vs higher paying job
Replies: 20
Views: 1181

Re: Interesting vs higher paying job

Seems like you have already decided that one job would be more "interesting" than the other. Based on what, exactly? If you are fortunate enough to find work that you find very rewarding, do it. That's more important than money in the long run. You might also find yourself even more valuable in a fe...
by Pajamas
Fri Apr 20, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: Bose quiet comfort noise cancelling headphones
Replies: 5
Views: 513

Re: Bose quiet comfort noise cancelling headphones

Thanks, I suspect it is the foam surround of the earpads and I need to try replacing that. I do not look forward to messing with a $300 device :-) The foam earpads help with isolation but not with active noise cancellation, which is electronic. If your earpads are not fitting well enough to exclude...
by Pajamas
Fri Apr 20, 2018 11:24 am
Forum: Personal Consumer Issues
Topic: Bose quiet comfort noise cancelling headphones
Replies: 5
Views: 513

Re: Bose quiet comfort noise cancelling headphones

Did you try troubleshooting? https://www.ifixit.com/Wiki/Bose_QuietComfort_25_Troubleshooting Something else to check would be the microphone used to monitor the ambient noise to make sure it isn't clogged. You could also search for other troubleshooting suggestions and ask in headphone forums. The ...
by Pajamas
Fri Apr 20, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: Do US Postal Regulations Prohibit Me From Picking Up My Mail At The PO?
Replies: 12
Views: 1061

Re: Do US Postal Regulations Prohibit Me from Picking Up my Mail at the PO?

stargazer wrote:
Fri Apr 20, 2018 10:34 am

However one postal clerk (Ms. By-the-Book Postal Clerk) routinely refuses my request, stating that USPS regulations do not allow this.
Ask her which USPS regulation disallows it.
by Pajamas
Thu Apr 19, 2018 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Good Dad, Bad Dad [pay for son's driving expenses (or not)]
Replies: 49
Views: 3263

Re: Good Dad, Bad Dad

soccerrules wrote:
Thu Apr 19, 2018 5:21 pm
I would fall on the side of not having/needing a car Freshman year. They don't need it if they live on campus, parking passes/stickers are $300+ and many times its hard to find a spot.
His son will be living at home and taking a bus to school if he doesn't have a car.
by Pajamas
Thu Apr 19, 2018 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Question on tax planning
Replies: 3
Views: 417

Re: Question on tax planning

It only takes a few minutes to set up an account and make estimated payments if you don't already have an account. Then you can pay any amount at any time and not have to authorize someone else to do it and check up on it. Don't forget estimated state tax payments, if applicable. https://www.irs.gov...
by Pajamas
Thu Apr 19, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 151
Views: 8993

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

The house is staged. Realtors in LA hire companies to furnish houses and decorate them nicely to get more money from perspective buyers. Then they offer the buyers the opportunity to buy said furniture at 2-3x the cost In NYC they don't bother with staging unless it is a really expensive apartment ...
by Pajamas
Thu Apr 19, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Good Dad, Bad Dad [pay for son's driving expenses (or not)]
Replies: 49
Views: 3263

Re: Good Dad, Bad Dad

A good used car would make a nice and unexpected and deserved graduation gift. It doesn't sound like you have spoiled him at all and doing that wouldn't spoil him. He will also be living at home and going to a public school. The other option would be to offer to help him buy one and that probably ap...
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: 151
Views: 8993

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: 10
Views: 593

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: 151
Views: 8993

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: 85
Views: 3803

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: 19
Views: 2112

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 ? [Colorado]
Replies: 17
Views: 1334

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: 4
Views: 315

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: 13
Views: 1469

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: 386

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: 21
Views: 1793

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: 19
Views: 2112

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: 19
Views: 1649

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: 19
Views: 2112

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: 151

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: 79
Views: 3855

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: 1251

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: 629

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: 79
Views: 3855

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: 21
Views: 1793

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: 806

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: 806

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: 2318

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: 35
Views: 3674

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: 35
Views: 3674

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: 39
Views: 2938

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: 983

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: 6430

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: 187
Views: 8973

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: 2233

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: 550

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: 550

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...