Search found 3882 matches

by barnaclebob
Wed Nov 20, 2019 10:35 am
Forum: Personal Finance (Not Investing)
Topic: High Mortgage
Replies: 14
Views: 1806

Re: High Mortgage

The sunk costs of a refi should be in the $3k to $4k range from my experience. You may have to pay another several thousand for prepaid interest and escrow but yould be paying these things anyway. Depending on how your appraisal goes you may have to bring extra money to the table to stay over 20% eq...
by barnaclebob
Wed Nov 20, 2019 12:24 am
Forum: Personal Finance (Not Investing)
Topic: Assessing Home Refinance
Replies: 16
Views: 1054

Re: Assessing Home Refinance

One of the big gotchas with refinances is that you wont "save" 100 per month of your term is put back out to 30 years. Some of that "savings is just due to now having a longer loan.

Approximate break even time is your closing costs divided by the savings in monthly interest.
by barnaclebob
Fri Nov 15, 2019 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: No Kids Yet - Beneficaries - Who are yours?
Replies: 34
Views: 2402

Re: No Kids Yet - Beneficaries - Who are yours?

Each of us has one sibling so they are the current beneficiaries.
by barnaclebob
Wed Nov 13, 2019 12:03 pm
Forum: Personal Consumer Issues
Topic: Undergrad major psychology
Replies: 9
Views: 696

Re: Undergrad major psychology

That degree alone isnt very valuable relative to other choices. It basically gets you into jobs that require any college degree from what ive seen.

Im not a fan of any degree where everyone says "oh you have to get a masters to actually make any money with it".
by barnaclebob
Thu Nov 07, 2019 11:00 am
Forum: Personal Consumer Issues
Topic: When to buy Car extended warranty ?
Replies: 55
Views: 2655

Re: When to buy Car extended warranty ?

FYI, warranty prices are negotiable. When i purchased my last car they started out at $1400 for the warranty and dropped it a couple hundred after i said no a few times. Then I said that they probably wouldnt accept what i was willing to pay for it. That statement seemed to catch them off gaurd and ...
by barnaclebob
Wed Nov 06, 2019 2:47 pm
Forum: Investing - Theory, News & General
Topic: Only buying global stocks at all-time highs beats buy-and-hold
Replies: 11
Views: 1834

Re: Only buying global stocks at all-time highs beats buy-and-hold

Any strategy that relies on the gregorian calendar highly suspect. Does it hold true for the third tuesday of the month? Why not week increments or full year? Also in the article it very clearly does not beat buy and hold, it reduces volatility. See their chart below: https://allocatesmartly.com/wp-...
by barnaclebob
Tue Nov 05, 2019 11:31 am
Forum: Personal Consumer Issues
Topic: Stinky Front Loader (Washer)
Replies: 39
Views: 2305

Re: Stinky Front Loader (Washer)

Leave the door open.
by barnaclebob
Mon Nov 04, 2019 11:29 pm
Forum: Personal Consumer Issues
Topic: Do you wash berries?
Replies: 83
Views: 6360

Re: Do you wash berries?

Nope. If it doesn't kill me it makes me stronger. Very strong! Im with you. A lot of this stuff is people being selectivley conscious and ignorant about where germs actually are and how dangerous they really are. How many people who wash their food for germ reasons keep their toothbrush in the same...
by barnaclebob
Wed Oct 30, 2019 11:23 am
Forum: Personal Investments
Topic: Go BIG or go home... [Sell employer stock?]
Replies: 19
Views: 1575

Re: Go BIG or go home...

Just because a company is doing great work and your friends wish they worked there does not mean its a good investment.

I have 7% of my 401k in company stock set to auto rebalance quarterly and it has done me well. Its much more volatile than the other parts of the account however.
by barnaclebob
Tue Oct 29, 2019 1:21 pm
Forum: Personal Consumer Issues
Topic: Low water pressure/flow in house
Replies: 52
Views: 2743

Re: Low water pressure/flow in house

Are you sure that all upstairs showers aren't being supplied by one 1/2" pipe or something? I've got extremely high water pressure (maybe too high and I need to look into it) but as soon as you try to do two things at once in my house the water flow rate drops because my whole house is pretty much f...
by barnaclebob
Tue Oct 29, 2019 1:16 pm
Forum: Personal Consumer Issues
Topic: Small home repair dilemma
Replies: 6
Views: 812

Re: Small home repair dilemma

If you are that worried and you want someone with insurance to do it for you be sure to mention up front that you realize this is a small job and that the price will seem high relative to the amount of work involved but that you are willing to pay it.
by barnaclebob
Fri Oct 25, 2019 1:12 pm
Forum: Personal Consumer Issues
Topic: How to Know if an Old House is Reasonably Beyond Repair
Replies: 30
Views: 2421

Re: How to Know if an Old House is Reasonably Beyond Repair

The call on whether to save it or not probably comes down to personal preference. By the tone of your message it didn't sound like the house has any features worthy of being on "This Old House". If there's nothing particularly special about it and you wouldn't particularly like living in it after b...
by barnaclebob
Thu Oct 24, 2019 1:47 pm
Forum: Personal Consumer Issues
Topic: How to Know if an Old House is Reasonably Beyond Repair
Replies: 30
Views: 2421

Re: How to Know if an Old House is Reasonably Beyond Repair

The call on whether to save it or not probably comes down to personal preference. By the tone of your message it didn't sound like the house has any features worthy of being on "This Old House". If there's nothing particularly special about it and you wouldn't particularly like living in it after be...
by barnaclebob
Wed Oct 23, 2019 1:36 pm
Forum: Personal Consumer Issues
Topic: Negative Google reviews that are fraudulent
Replies: 6
Views: 565

Re: Negative Google reviews that are fraudulent

If an owner responds in a semi reasonable way that negates most negative reviews for me. Especially if they point out things that prove its a fake review.
by barnaclebob
Wed Oct 23, 2019 11:35 am
Forum: Personal Consumer Issues
Topic: Possible Structural Issues in a House
Replies: 21
Views: 1646

Re: Possible Structural Issues in a House

I'm sure my house has slopes of at least an inch or two in a few rooms. You can see it in the kitchen cabinet trim that goes to the ceiling and tapers quite significantly over only maybe 6 ft of cabinets. It feels like you are walking down hill in the room above that. I've got several hairline crack...
by barnaclebob
Wed Oct 23, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Reduce roth 401(k) to just match to prepay mortgage?
Replies: 51
Views: 2640

Re: Reduce roth 401(k) to just match to prepay mortgage?

How about doing a refi to low 3% rates with a shorter term and keeping the 401k contributions up? That would accomplish both goals.
by barnaclebob
Wed Oct 23, 2019 9:19 am
Forum: Personal Investments
Topic: Earthquake country & accelerated mortgage payments
Replies: 14
Views: 906

Re: Earthquake country & accelerated mortgage payments

How old is the house? If its pretty new or has had a retrofit it could survive an earthquake pretty well with maybe just damage to the drywall. One cheap thing anyone with gas can do is install an earthquake valve on the gas line that will shut off the gas above a certain amount of shaking. I think ...
by barnaclebob
Wed Oct 23, 2019 8:54 am
Forum: Personal Finance (Not Investing)
Topic: How many estimates do you get when you need work done on your house?
Replies: 43
Views: 2683

Re: How many estimates do you get when you need work done on your house?

Anything under 1 or 2 grand I can probably do my self. $3-5k I'll pick the first person who seems like they have their stuff together and will do the job right. Anything bigger like a roof or exterior painting (house is 3 stories at some points) I'd get bids until the numbers start converging then p...
by barnaclebob
Wed Oct 23, 2019 8:47 am
Forum: Personal Investments
Topic: How do you get over an investing mistake?
Replies: 42
Views: 2061

Re: How do you get over an investing mistake?

The real mistake would be thinking your research and success is reliably repeatable.
by barnaclebob
Tue Oct 22, 2019 3:34 pm
Forum: Personal Consumer Issues
Topic: are laser distance measurers /rulers worth it
Replies: 8
Views: 898

Re: are laser distance measurers /rulers worth it

I have one and haven't found it to be very useful because there aren't many home projects where you measure more than about 10ft between two fixed objects. Most home projects are "measure something", mark measurement on material. Check measurement, cut. Laser measurements aren't useful for the marki...
by barnaclebob
Tue Oct 22, 2019 3:27 pm
Forum: Personal Consumer Issues
Topic: Home Depot and Lowe's product reviews
Replies: 16
Views: 1888

Re: Home Depot and Lowe's product reviews

First you should have a pretty good idea if a product will do the job you need it to or not. Look for detailed reviews on your specific usages . I mainly look for trends in bad reviews to see if they are legitimate. Many times the 2-4 star reviews will provide fixes or workarounds for issues with th...
by barnaclebob
Tue Oct 22, 2019 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Should I take the mortgage refinance offer?
Replies: 4
Views: 594

Re: Should I take the mortgage refinance offer?

Refi's are all about the break even time. Some of your payment reduction will be because of extending out the payoff date. What is the reduction in interest paid?

Most people say that if the break even time is less than 2 years then go for it.
by barnaclebob
Tue Oct 22, 2019 9:20 am
Forum: Personal Consumer Issues
Topic: Roof not installed properly
Replies: 21
Views: 2385

Re: Roof not installed properly

If the roofer pulled a permit, didn't mention drip edge in contract even though city requires it, how did the job get inspected and finalized without it? Simple. Even if a job is inspected (roofs aren't likely to be) Inspections and code compliance are not very well correlated. Inspectors can miss ...
by barnaclebob
Mon Oct 21, 2019 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Home buying advice: Build new or buy used?
Replies: 76
Views: 5496

Re: Home buying advice: Build new or buy used?

Around here most of the new homes are crammed together in mini developments where developers buy 2 or 3 large lots and stick about 10-15 homes on them at minimum setbacks. House pricing is a combination of location, size, features, maintenance, and updates. In most cases a brand new home will cost a...
by barnaclebob
Fri Oct 18, 2019 11:40 am
Forum: Personal Consumer Issues
Topic: Preparing for 25% tariff on Scotch
Replies: 39
Views: 4610

Re: Preparing for 25% tariff on Scotch

I will not purchase in advance, and I will not purchase the products. I will just keep my money and not support stupid tariff wars. By not purchasing the products you are doing what the tariffs are meant to get you to do. If you do purchase then you are giving the govt additional revenue which migh...
by barnaclebob
Fri Oct 18, 2019 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 486
Views: 50329

Re: Selling home- Demanding Buyer (Repairs)

Some positive news- buyer accepted credit. Inspection negotiation is complete. Makes life a lot easier. One quick amateur question that Ill ask my agent later today, but impatient to find out. Say buyer uses the estimate that I gave, which was from a reputable licensed company and while doing the w...
by barnaclebob
Fri Oct 18, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: I bought a STOLEN vehicle!!!
Replies: 106
Views: 15216

Re: I bought a STOLEN vehicle!!!

I probably wouldn't have recognized the scam either unless a google search on "how to buy a car from craigslist" told me to do something different than you.

Did you check all of the accessible VIN # plates on the car?
by barnaclebob
Thu Oct 17, 2019 2:13 pm
Forum: Personal Consumer Issues
Topic: LG Refrigerator/Freezer lack of service saga
Replies: 39
Views: 2755

Re: LG Refrigerator/Freezer lack of service saga

I think this thread has taught me that if my LG fails under the home depot warranty to just buy a new fridge and park the old one in the garage while i fight with the warranty process. Current LG fridge is almost 18 months old and has been amazing so far. My brother just had a 15 year old Frigidaire...
by barnaclebob
Thu Oct 17, 2019 11:06 am
Forum: Personal Consumer Issues
Topic: SodaStream: a good replacement for Costco Kirkland sparkling water?
Replies: 25
Views: 2769

Re: SodaStream: a good replacement for Costco Kirkland sparkling water?

If you really want a lot of carbonated water at the cheapest price, get a homebrew CO2 bottle/regulator (~$200?) and a soda bottle adapter for it. keep the whole thing in the fridge or find a way to route the CO2 tube in to the fridge. CO2 refills are pretty cheap, I pay $15 or $20 to fill a 5lb bot...
by barnaclebob
Thu Oct 17, 2019 9:39 am
Forum: Personal Consumer Issues
Topic: Friend's car caught in flood ?
Replies: 97
Views: 7871

Re: Friend's car caught in flood ?

I love it, go Camry go! Not a great use of money but it will be a fun story to tell about the car.
by barnaclebob
Thu Oct 17, 2019 9:37 am
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 141
Views: 10346

Re: What percent of net worth should a persons house be?

Not counting the mortgage my first house was probably 75% of my net worth when i bought it, 33% when I sold it. Next house is at about 50% and slowly decreasing. It will be about 15-20% by the time we retire.
by barnaclebob
Wed Oct 16, 2019 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 486
Views: 50329

Re: Selling home- Demanding Buyer (Repairs)

Yes, home is under contract. Closing slated for mid- November. I'll share more specifics later. Did inspection. This time buyer requests chimney inspection. Finds their are issues. Needs a stainless steel liner, some mortar work. Not too terrible. Got another second inspection and 4 Estimates range...
by barnaclebob
Tue Oct 15, 2019 4:29 pm
Forum: Personal Consumer Issues
Topic: coin collection - sell or keep?
Replies: 17
Views: 2403

Re: coin collection - sell or keep?

Reamus294 wrote:
Tue Oct 15, 2019 4:21 pm
I already sold the bulk of the wheat pennies (about 75 pounds worth) which helped a lot mentally.
Curious as to what you got for them? Do the buyers value them at scrap rates? (im aware that google says its illegal to melt down coins for scrap)
by barnaclebob
Tue Oct 15, 2019 3:13 pm
Forum: Personal Consumer Issues
Topic: Inappropriate touching in a workplace- What is the best act?
Replies: 28
Views: 2263

Re: Inappropriate touching in a workplace- What is the best act?

Ill add that she should report any rumors she has heard and name anyone else that could corroborate them. Be sure to clearly state that they are rumors.
by barnaclebob
Tue Oct 15, 2019 3:02 pm
Forum: Personal Consumer Issues
Topic: Inappropriate touching in a workplace- What is the best act?
Replies: 28
Views: 2263

Re: Inappropriate touching in a workplace- What is the best act?

Look up the requirements for sexual battery which touching the sides of the stomach likely does not meet. I did. And based on some lawyers websites, touching any part of the body except hands (shaking, high five..etc) or a light bat on the shoulder, IS CONSIDERED sexual harassment Sexual harassment...
by barnaclebob
Tue Oct 15, 2019 2:50 pm
Forum: Personal Consumer Issues
Topic: Inappropriate touching in a workplace- What is the best act?
Replies: 28
Views: 2263

Re: Inappropriate touching in a workplace- What is the best act?

I doubt what the person did is a crime based on your description. Look up the requirements for sexual battery which touching the sides of the stomach likely does not meet. The guy sounds like a creeper and if what you say is true then he should be fired. I would hold off on anything else and see if ...
by barnaclebob
Tue Oct 15, 2019 11:47 am
Forum: Personal Consumer Issues
Topic: College for real life use [Practical knowledge about investing]
Replies: 28
Views: 2801

Re: College for real life use

Wow guys, I’m just looking for some friendly advice! I’m not looking to beat the system because I’m an entitled jerk, I’m just looking to not get killed while trying to learn a new trade (as in occupation). I don’t know if some of you took my post the wrong way or you’re just bitter about something...
by barnaclebob
Tue Oct 15, 2019 9:49 am
Forum: Personal Consumer Issues
Topic: I thought Pyrex glass food storage containers were supposed to be durable?
Replies: 35
Views: 3837

Re: I thought Pyrex glass food storage containers were supposed to be durable?

We recently bought some Pyrex containers at Costco and found the instructions to "always pre-heat the oven before putting the Pyrex in" surprising. Apparently the radiant heat during the heating time can damage the Pyrex. Some ovens also crank up the power really high to preheat. We make frozen coo...
by barnaclebob
Tue Oct 15, 2019 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Home appraisal 8% less sq ft than listing
Replies: 42
Views: 2620

Re: Home appraisal square ft less than Seller Listing

What do the records of the property appraiser/tax collector say? That is probably the definitive source for information. Assuming that their records agree with the appraiser, then what? You could go back to the seller and renegotiate. They could turn you down. How hot is the market? How much do you...
by barnaclebob
Tue Oct 15, 2019 9:14 am
Forum: Personal Consumer Issues
Topic: College for real life use [Practical knowledge about investing]
Replies: 28
Views: 2801

Re: College for real life use

You don't go to college to learn how to stock pick. You go to college to be a top tier mathematician or programmer who goes to work for some investment company and invents new super fast trading algorithms that generate an extra .0000001 cents per transaction for your employer.
by barnaclebob
Tue Oct 15, 2019 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Home appraisal 8% less sq ft than listing
Replies: 42
Views: 2620

Re: Home appraisal square ft less than Seller Listing

Somwhere in your contract it will say something about "buyer to verify" stuff. You had your chance to do that during the inspection period. Appraisals are just a hoop to jump through that is intended to protect the mortgage companies interest, not yours. I think you are out of luck and if you were b...
by barnaclebob
Tue Oct 15, 2019 8:30 am
Forum: Personal Finance (Not Investing)
Topic: House Sale - Release of Mortgage Loan never Executed
Replies: 14
Views: 1072

Re: House Sale - Release of Mortgage Loan never Executed

I don't know what the process is but you can't be the first person to have an improperly recorded lien release. It seems odd that you would be responsible for filing with the county records office. I would think that the previous lien holder has to release the property and the new lien holder wouldn...
by barnaclebob
Mon Oct 14, 2019 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: poor Boglehead sending my kids to college
Replies: 69
Views: 5861

Re: poor Boglehead sending my kids to college

What if they don't want to go to a liberal arts college?
by barnaclebob
Mon Oct 14, 2019 8:52 am
Forum: Personal Consumer Issues
Topic: Recommendations for framing a large photograph
Replies: 12
Views: 939

Re: Recommendations for framing a large photograph

Custom framing is very expensive but makes you artwork or photos look twice as good when done properly. I think I've paid about $600 to frame an 18x24 poster but that was double matted, museum glass, and the frame itself wasn't the cheapest either. You probably aren't going to beat $300 but be sure ...
by barnaclebob
Fri Oct 11, 2019 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing an old home 100yrs +
Replies: 33
Views: 2322

Re: Purchasing an old home 100yrs +

If your financially comfortable and an $10k surprise on a project just makes you roll your eyes, sigh, and say, "well that sucks" then your probably in the right frame of mind for a house like this. I never owned my own home soon not sure what projects cost. Only know from hearsay and some internet...
by barnaclebob
Fri Oct 11, 2019 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing an old home 100yrs +
Replies: 33
Views: 2322

Re: Purchasing an old home 100yrs +

The main thing I would look for is if the home seems to have been cared for aside from needing updating. You'll never know if the house is a money pit or not but I would expect any major renovations to need improvements to the various utilities affected. Each time you do one of these it will be one ...
by barnaclebob
Fri Oct 11, 2019 9:33 am
Forum: Personal Investments
Topic: Vanguard Transfer Mistake
Replies: 10
Views: 1225

Re: Vanguard Transfer Mistake

Why are you doing automated mega backdoor roth transfers? To minimize gains on the after tax money? That seems like its asking for trouble to save a few $ in taxes each year. While I wish there was an automated feature, there isn't. Are you just pointing out folks shouldn't sweep the after tax annu...
by barnaclebob
Fri Oct 11, 2019 8:31 am
Forum: Personal Consumer Issues
Topic: $575 to replace rear brake pads and rotors on a 2017 Subaru Forester?
Replies: 64
Views: 4504

Re: $575 to replace rear brake pads and rotors on a 2017 Subaru Forester?

in regards to it being early for this type of work. i agree. but here's a photo: These pads look like they have a lot of life, note the channel in the center right, maybe half an inch below the arrow. The depth of that channel is probably close to how much life they have. IF they are wearing evenly...
by barnaclebob
Fri Oct 11, 2019 8:27 am
Forum: Personal Investments
Topic: Vanguard Transfer Mistake
Replies: 10
Views: 1225

Re: Vanguard Transfer Mistake

Why are you doing automated mega backdoor roth transfers? To minimize gains on the after tax money? That seems like its asking for trouble to save a few $ in taxes each year.
by barnaclebob
Thu Oct 10, 2019 4:35 pm
Forum: Investing - Theory, News & General
Topic: A great example of single stock risk
Replies: 51
Views: 5533

Re: A great example of single stock risk

GTAT. People posted as they lost their life savings. Edit: deleted link, because apparently the Contrarian Investor forum is no more. Dunno whether that's a comment on Contrarian Investing. That thread on the contrarian investor was quite a read. Heres a news article on the developments since then:...