Search found 5620 matches

by Pajamas
Mon Jul 16, 2018 7:39 am
Forum: Personal Finance (Not Investing)
Topic: $540 a month on food for graduate student budget too much?
Replies: 4
Views: 241

Re: $540 a month on food for graduate student budget too much?

If I live in the Houston, TX area will it always be cheaper/greater bang for my buck for me to buy groceries than eat out like this? Yes, that's true pretty much everywhere. Google "fast easy cheap meal" or similar and you'll get hundreds of ideas. You can either focus on keeping ingredients on han...
by Pajamas
Mon Jul 16, 2018 7:27 am
Forum: Personal Consumer Issues
Topic: How much furniture spending is ok?
Replies: 26
Views: 1377

Re: How much furniture spending is ok?

Whatever will make your wife happy, within reason. Some day I will read bogleheads, and not see any posts that assume women's happiness depends on their husbands spending money on stuff. Every time I see one of these posts, I have a mental picture of a husband breadwinner and a trophy, grasping wif...
by Pajamas
Mon Jul 16, 2018 7:22 am
Forum: Personal Consumer Issues
Topic: DSL Modem and settings for TDS.net
Replies: 1
Views: 76

Re: DSL Modem and settings for TDS.net

Call the cable company and ask them to offer you the current new subscriber deal to retain you as their customer. "I would prefer to stay with your company but I can get internet service for $X from Y provider if I switch."
by Pajamas
Sun Jul 15, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: FireCalc: How big a grain of salt?
Replies: 51
Views: 3009

Re: FireCalc: How big a grain of salt?

As you point out, it's all based on historical cycles and the future may be different. Only one thing is certain: everyone living will die.
by Pajamas
Sun Jul 15, 2018 5:53 pm
Forum: Personal Consumer Issues
Topic: How much furniture spending is ok?
Replies: 26
Views: 1377

Re: How much furniture spending is ok?

Whatever will make your wife happy, within reason.
by Pajamas
Sun Jul 15, 2018 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Investing vs Debt
Replies: 12
Views: 607

Re: Investing vs Debt

+1 for what ruralavalon said.

Buckle down, don't succumb to lifestyle inflation, keep living off your wife's income, basically, and get those loans paid off as soon as possible.
by Pajamas
Sun Jul 15, 2018 11:01 am
Forum: Personal Finance (Not Investing)
Topic: How often do you buy a primary residence?
Replies: 37
Views: 2529

Re: How often do you buy a primary residence?

+1. OP, where in the world do you live that 60-year-old houses are worth only the price of the land? There's something terribly wrong with that market. I'm imaging a city in a desert full of tract houses. Yuck. In Japan a house's lifespan is considered to be something like 20 or 30 years or perhaps...
by Pajamas
Sun Jul 15, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Citizens Access 2% Savings rate
Replies: 1
Views: 204

Re: Citizens Access 2% Savings rate

Probably not since Citizens Bank just launched it a few days ago.

https://www.bankrate.com/banking/citize ... ns-access/
by Pajamas
Sun Jul 15, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: FireCalc: How big a grain of salt?
Replies: 51
Views: 3009

Re: FireCalc: How big a grain of salt?

I don't think that approach would be appropriate for me since one of my primary goals is to maximize things in the early years when I am still healthy and active. But everyone should go with an approach they are comfortable with since they are the one who has to live with the outcome. Yes, I saw yo...
by Pajamas
Sun Jul 15, 2018 9:50 am
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 16735

Re: Top Shelf Liquor Overrated?

Relatives of my family worked at what would be considered a large high end bar/club/lounge in a major city and they said the establishment refilled the bottles in the basement with inferior liquor. This was mostly for vodka. I used to do the same thing: https://www.bogleheads.org/forum/viewtopic.ph...
by Pajamas
Sun Jul 15, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: FireCalc: How big a grain of salt?
Replies: 51
Views: 3009

Re: FireCalc: How big a grain of salt?

. . . what is the method should one use to make predictions about the ability of the portfolio to support them in retirement. I simply divide the total amount by expected years of life and as long as it is significantly more than what I actually spend, then I don't worry about it. Honestly, I never...
by Pajamas
Sun Jul 15, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: How often do you buy a primary residence?
Replies: 37
Views: 2529

Re: How often do you buy a primary residence?

Sounds like living in new construction is important to them. Isn't a new house worth $1.05X less of a house than one that is five years old worth $1.08X? Also I doubt they really lived for free. They had opportunity costs on their down payment plus other expenses such as property taxes, insurance, a...
by Pajamas
Sun Jul 15, 2018 9:24 am
Forum: Personal Finance (Not Investing)
Topic: FireCalc: How big a grain of salt?
Replies: 51
Views: 3009

Re: FireCalc: How big a grain of salt?

“Past performance does not guarantee future results.”
by Pajamas
Sun Jul 15, 2018 9:06 am
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 16735

Re: Top Shelf Liquor Overrated?

I saw a video once in which a restaurant of some sort did an experiment where they asked their snooty patrons if they wouldn't mind sampling some of their new, fancy bottled water. The water bottles were filled using a garden hose out back and then the patrons were told that the water came from a r...
by Pajamas
Sun Jul 15, 2018 8:34 am
Forum: Personal Consumer Issues
Topic: Reading glasses for driving
Replies: 11
Views: 784

Re: Reading glasses for driving

Can you see the displays on the dashboard of your vehicle? Half-frame readers or bifocals with no vision correction in the main field or regular bifocals or progressive lenses might be appropriate. Discuss this with your ophthalmologist or optician. Might be that you actually need some vision correc...
by Pajamas
Sun Jul 15, 2018 8:25 am
Forum: Personal Consumer Issues
Topic: Bounced check
Replies: 27
Views: 2669

Re: Bounced check

I think it's okay to have at least two different checkbooks for different accounts even if it is not necessary. I don't write a lot of checks but a checking account still is useful in ways that a savings account or a brokerage account is not. I have checkbooks for both my checking account and broker...
by Pajamas
Sat Jul 14, 2018 11:12 pm
Forum: Personal Consumer Issues
Topic: thoughts on converting small pantry to 3/4 bath
Replies: 22
Views: 1214

Re: thoughts on converting small pantry to 3/4 bath

For $60k you could put in an elevator instead or add on additional space to your house for a bathroom, if that is allowed. A 3/4 bath would only fit in a 3 x 6 ft. space if the entire room functioned as a wet shower, like in an Airstream, and that might not be allowed by building codes. As someone p...
by Pajamas
Sat Jul 14, 2018 10:59 pm
Forum: Personal Consumer Issues
Topic: Amazon won't sell this book to me.
Replies: 68
Views: 8239

Re: Amazon won't sell this book to me.

The web says amazon's lowest paid workers make about $12 an hour. The least skilled library employees (book stackers, etc.) in my town make about $18 an hour. Again, you can't fairly compare pay for jobs that aren't at least approximately equivalent. Just because there are people desperate for jobs...
by Pajamas
Sat Jul 14, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: New Career Advice? Would you do it?
Replies: 7
Views: 710

Re: New Career Advice? Would you do it?

How do you feel about sales? Some people like it and do well at it, some people don't. From what you have said you would probably fall in the former group but just be aware that it sounds like ultimately your success in that job would hinge on being a salesperson. It also sounds like you are in a go...
by Pajamas
Sat Jul 14, 2018 12:48 pm
Forum: Personal Consumer Issues
Topic: are mccormick gourmet spices better
Replies: 31
Views: 2037

Re: are mccormick gourmet spices better

but i am also curious why mccormick stock has gone up so much recently. Looks like they had a successful acquisition of some brands a year or so ago and have been reporting good earnings growth recently. A long term chart shows fairly steady growth since the 2008-2009 financial crisis and brief res...
by Pajamas
Sat Jul 14, 2018 12:01 pm
Forum: Personal Consumer Issues
Topic: FedEx / UPS Vacation Hold?
Replies: 10
Views: 884

Re: FedEx / UPS Vacation Hold?

I have done it with USPS and it was difficult actually getting the mail on returning. Eventually went down to the post office and they couldn't find it. The held mail showed up all at once a week or so later. So I would be very hesitant about doing this if there were other options available such as ...
by Pajamas
Sat Jul 14, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Meaning of "With" in "Expires with Statement" question
Replies: 8
Views: 377

Re: Meaning of "With" in "Expires with Statement" question

Let us know what actually happens, if you will.
by Pajamas
Sat Jul 14, 2018 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Pay to be in school district or move?
Replies: 20
Views: 1004

Re: Pay to be in school district or move?

So your rebuttal to my point of having the child travel far to school everyday is to SHIP the kid to a different country and live on their own completely away from you. Yep that makes sense. :oops: No, I was just giving a random option to prove that there are more than two options that exist, as yo...
by Pajamas
Sat Jul 14, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Meaning of "With" in "Expires with Statement" question
Replies: 8
Views: 377

Re: Meaning of "With" in "Expires with Statement" question

I would assume that the 0% ends on the end date of the billing cycle reported in the July statement. In other words, it has either already expired or will shortly. By the time you actually get your July statement, you will already be paying interest on any balance.
by Pajamas
Sat Jul 14, 2018 11:44 am
Forum: Personal Consumer Issues
Topic: Moving Tip and Ideas?
Replies: 23
Views: 1320

Re: Moving Tip and Ideas?

will probably rent a storage unit for any unnecessary items. Don't store unnecessary items, get rid of them. Since you are moving to a smaller place, don't start with the things you have and then get rid of stuff. Start with the things you have and "go shopping" from them for what you actually need...
by Pajamas
Sat Jul 14, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Pay to be in school district or move?
Replies: 20
Views: 1004

Re: Pay to be in school district or move?

2 options exist: 1. Stay where you are and send to private NEAR you or 2. MOVE to a better school. Your option above is not reasonable speaking for the poor kid who will have to do it EVERY school day. There are many more options than those two. For instance, there are great boarding schools in Eur...
by Pajamas
Sat Jul 14, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Major purchases - now or later?
Replies: 13
Views: 1392

Re: Major purchases - now or later?

Replace the refrigerator now so it doesn't die on you and force you to throw out a bunch of food and buy a new one that's not on sale. I wouldn't worry too much about tariffs and inflation in making any of the decisions except possibly buying the car. If you can afford all of these things then prior...
by Pajamas
Sat Jul 14, 2018 11:26 am
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 87
Views: 5450

Re: Why is leveraging property good but leveraging stocks bad?

I think using reasonable leverage in equity investing is good as a long-term strategy.

Link was posted yesterday to an interesting video with Jack Bogle discussing this briefly:

https://youtu.be/k6ra5POdsYg?t=623

Investing is to a large degree about managing risk.
by Pajamas
Sat Jul 14, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: Amazon won't sell this book to me.
Replies: 68
Views: 8239

Re: Amazon won't sell this book to me.

I have always felt that IF an individual had a better employment opportunity other than working for (insert name of your choice) then surely they would exercise their freedom to seek other employment. I agree in theory but see just the opposite in practice. Many people exhibit inertia and avoid cha...
by Pajamas
Sat Jul 14, 2018 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Salary Negotiation for New Position
Replies: 25
Views: 2024

Re: Salary Negotiation for New Position

The DW received the official offer in writing yesterday (via email) with the following verbiage: "Your salary will remain the same, but you will no longer be eligible for differentials or the commitment bonus. Your transfer date will be 9/10/18. Can I reach you Monday to review everything?" I'm sti...
by Pajamas
Sat Jul 14, 2018 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Would you take a job in a less desirable city if you had to work fewer days?
Replies: 40
Views: 2863

Re: Would you take a job in a less desirable city if you had to work fewer days?

How much time have you spent in the less desirable city? Some are just smaller, not truly less desirable, although climate and weather in particular can influence mental health and you did mention that specifically.
by Pajamas
Sat Jul 14, 2018 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Investing for my homeowner's association
Replies: 31
Views: 1478

Re: Investing for my homeowner's association

I don't think the board was held accountable, but I'm not sure why not. Condo and co-op boards are given a lot of leeway to make business decisions. Bad judgment is different from criminal activity. Accountability for bad judgment would generally be limited to being kicked off the board by owners o...
by Pajamas
Sat Jul 14, 2018 10:44 am
Forum: Personal Consumer Issues
Topic: Amazon won't sell this book to me.
Replies: 68
Views: 8239

Re: Amazon won't sell this book to me.

the library workers are paid enough so that they don't have to use food stamps. How much are your library workers paid? Do you know? The Amazon workers involved in e-books are probably paid the same or more as library workers doing the same tasks. If you are comparing your library workers to Amazon...
by Pajamas
Sat Jul 14, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Pay to be in school district or move?
Replies: 20
Views: 1004

Re: Pay to be in school district or move?

does not offer a lot of options, I was wondering about the methodology of the school ratings but since you say the schools don't offer a lot of options, that's enough to consider them inferior. Agree that you have some time to decide what to do and particularly since you are still considering wheth...
by Pajamas
Fri Jul 13, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Denied for an auto loan 2 weeks after purchase??
Replies: 38
Views: 4238

Re: Denied for an auto loan 2 weeks after purchase??

For curiosity's sake only, how is this possible in the age of almost instantaneous credit checks? Too many decision makers in the company providing the loan away from their desks at the same time? It is not really possible unless it is intentional. Auto dealers and their salespeople know all the tr...
by Pajamas
Fri Jul 13, 2018 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Logging out 20 acre lot?
Replies: 37
Views: 2415

Re: Logging out 20 acre lot?

So since it's worth less than the mortgage balance, see if you can just hand the keys over to the mortgage holder and walk away. Might want to talk to a lawyer about that considering everything involved including the trust and property taxes, etc. Seems like the easiest and perhaps most financially ...
by Pajamas
Fri Jul 13, 2018 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: New 18 year old need advice
Replies: 15
Views: 811

Re: New 18 year old need advice

Think about when you will be spending it and split it up into correct amounts and periods so that you don't have to break a large CD with penalties at some point. In other words, if you put all $30k in a two year CD but need some of it in a year to pay tuition or other expenses, it's going to cost y...
by Pajamas
Fri Jul 13, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Negotiation for New Position
Replies: 25
Views: 2024

Re: Salary Negotiation for New Position

This is what is proving difficult at the moment. I have attempted to research through Glassdoor, Indeed, and Payscale. They do not list the position of "Nurse coordinator" for our state (meaning there's no results). The National Average would put her commensurate with what her base is now with no s...
by Pajamas
Fri Jul 13, 2018 1:07 pm
Forum: Investing - Theory, News & General
Topic: Real Estate Investment: Yay or Nay?
Replies: 27
Views: 1933

Re: Real Estate Investment: Yay or Nay?

I would urge caution with rental properties dependent on tourism, either directly or indirectly. It sounds like that property would be very dependent on tourism, even if not rented out to tourists, and recessions like the last one we had can cause tourism to dry up quickly. As far as tourism, it's ...
by Pajamas
Fri Jul 13, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: Home ownership vs investing -- condos vs renting, etc
Replies: 108
Views: 5060

Re: Home ownership vs investing -- condos vs renting, etc

FWIW, I went looking for a place to rent for my college age daughter recently, and was surprised how high the rents are for lower cost houses, given how cheap they would be to buy. If I knew for sure she'd be staying there the full four years, I might have bought a place for her. Renting lower-end ...
by Pajamas
Fri Jul 13, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Negotiation for New Position
Replies: 25
Views: 2024

Re: Salary Negotiation for New Position

She would still remain hourly. If she will remain hourly there is probably much less room for negotiation. If it is a union position, there is probably no room for negotiation. They will probably offer a specific hourly amount. The best way to negotiate from there would be to ask how that amount wa...
by Pajamas
Fri Jul 13, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Negotiation for New Position
Replies: 25
Views: 2024

Re: Salary Negotiation for New Position

1. Knowing that she is going to take the job regardless, is she even in a position to negotiate? :confused Yes, as long as she does not let them know that. . . . 2. Is she out of line by requesting a salary commensurate with what she is making now with all of her supplemental pays? Depends on how t...
by Pajamas
Fri Jul 13, 2018 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Life Estate Deed/Life Tenancy deal at steep discount--too good to be true?
Replies: 23
Views: 1035

Re: Life Estate Deed/Life Tenancy deal at steep discount--too good to be true?

Carefreeap wrote:
Fri Jul 13, 2018 12:07 pm
So many unrealistic expectations. A real lesson to those who think they are going inherit a fortune!
Yes, but that story would make a great novel and television miniseries and might be worth more than the house would have been. Unrealistic Expectations might be an appropriate title for it.
by Pajamas
Fri Jul 13, 2018 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: 10% off up front versus 0% financing for 3 years
Replies: 2
Views: 282

Re: 10% off up front versus 0% financing for 3 years

Like most rules of thumb, it's probably not always true, especially when financing is free, but my first accounting professor said, "Always take the cash discount" and was emphatic enough about it for me to remember him saying it even after several decades. One possible problem with 0% financing is ...
by Pajamas
Fri Jul 13, 2018 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Tell me what's wrong with my strategy
Replies: 41
Views: 2366

Re: Tell me what's wrong with my strategy

It's not "kooky" but as others have pointed out, the individual stocks might be problematic. Furthermore, I believe that if you are going to invest in individual stocks, then you should try to time the market with your purchases. Amazon, for one, hit new all-time highs today but it has significant p...
by Pajamas
Fri Jul 13, 2018 11:14 am
Forum: Investing - Help with Personal Investments
Topic: What to do with extra $2500 a month?????
Replies: 36
Views: 3070

Re: What to do with extra $2500 a month?????

I am still confused on what to do :) Based on the additional comments from you, divert the $2.5k monthly to the boat loan and then you have another year or eighteen months to figure out what to do with $2. 75 k after that. That's a guaranteed 3.99% return, much better than any other comparably safe...
by Pajamas
Fri Jul 13, 2018 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Logging out 20 acre lot?
Replies: 37
Views: 2415

Re: Logging out 20 acre lot?

We’ve cleaned out the house and have it on the market to sell, the realtor doesn’t think it will sell at the current price. Lowering the price to where she advises will be less than the outstanding loan. So, it truly is walking away from the parents loan. The idea behind trying to log the property ...
by Pajamas
Fri Jul 13, 2018 10:33 am
Forum: Personal Consumer Issues
Topic: Accessible Cash
Replies: 13
Views: 918

Re: Accessible Cash

How will cash under the mattress or gold coins buried in the back yard help you if your utility systems are shut down by hackers?
by Pajamas
Fri Jul 13, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Investing for my homeowner's association
Replies: 31
Views: 1478

Re: Investing for my homeowner's association

I suspect most boards would agree with your approach more than mine, but there are no legal requirements that I've seen which would make a small allocation to equities per se inappropriate. That's why an IPS is so important. I acknowledge that my approach is a minority view, but that doesn't make i...
by Pajamas
Fri Jul 13, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Logging out 20 acre lot?
Replies: 37
Views: 2415

Re: Logging out 20 acre lot?

Would you buy this property today to log and/or develop it? Would you buy it to use it yourself? If not, sell it ("walk away" as you said) and avoid all the hassle.