Search found 2699 matches

by Rupert
Sat Dec 16, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Advice
Replies: 5
Views: 186

Re: Term Life Advice

You have comparable salaries, but they are not fixed salaries. And if one of you were to die, the other would likely need some time to recover and help your kid(s) recover. You also want the family to be able to maintain their lifestyle, not just stay in your house, after your death. And what happen...
by Rupert
Fri Dec 15, 2017 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Home owner liablity questions - parcel delivery
Replies: 16
Views: 1313

Re: Home owner liablity questions - parcel delivery

I think a lot of people are confusing a businesses requirement to provide a safe retail environment for customers versus a homeowners requirement to keep their home and property safe for guests. There is very little court precedent that requires a homeowner to keep property maintained and safe for ...
by Rupert
Fri Dec 15, 2017 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Home owner liablity questions - parcel delivery
Replies: 16
Views: 1313

Re: Home owner liablity questions - parcel delivery

My understanding is this type of claim would fall under tort liability. I believe there are 3 criteria that must be met: 1) There must be a duty to care 2) There must have been a breach in the duty to care 3) The breach in duty must have caused an injury. In the case of a delivery person dropping o...
by Rupert
Fri Dec 15, 2017 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Home owner liablity questions - parcel delivery
Replies: 16
Views: 1313

Re: Home owner liablity questions - parcel delivery

Yes, you could be liable. UPS's worker's comp insurance company would likely pay the claim and then seek reimbursement from your insurance company.
by Rupert
Thu Dec 14, 2017 2:22 pm
Forum: Personal Consumer Issues
Topic: Downsizing - How much to invest in a house before selling?
Replies: 25
Views: 2201

Re: Downsizing - How much to invest in a house before selling?

Deep clean everything. I'd hire a service. Sometimes when you've lived in a house for a while, you can't see the dirt anymore. Buyers will see it though. As for upgrades, size up the competition. Spend a few weekends going to open houses for comparable homes. Either do the upgrades that will bring y...
by Rupert
Thu Dec 14, 2017 1:19 pm
Forum: Personal Consumer Issues
Topic: Honda Pilot vs Toyota Highlander?
Replies: 83
Views: 15633

Re: Honda Pilot vs Toyota Highlander?

A question for people who have tried both: Other then cosmetics (the whole "hey, it doesn't look like a minivan" factor), what are the advantages of the Highlander over the Sienna, or the Pilot over the Odyssey? In each case, the minivan appears to have more room, better gas mileage, and have a low...
by Rupert
Thu Dec 14, 2017 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 39
Views: 2269

Re: Can rental home generate small income?

You think a $250,000 house in Round Rock, TX is only going to be paying $200 a month in property taxes? $250,000 House #1 : $5,082 a year in taxes. $250,000 House #2 : $4,755 a year in taxes. $250,000 House #3 : $4,557 a year in taxes. No I don't think that. I just posted what the calculator gave m...
by Rupert
Thu Dec 14, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Is it good idea to buy yearly maintenance from HVAC company
Replies: 14
Views: 1441

Re: Is it good idea to buy yearly maintenance from HVAC company

Whether having a contract is a good idea depends on (1) your climate, (2) what kind of unit(s) you have, (3) how big a deal it would be if the units broke, (4) how handy you are, and (5) the cost of contracts in your area. I have a contract on my primary unit, but it only costs about $130/year. The ...
by Rupert
Thu Dec 14, 2017 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 39
Views: 2269

Re: Can rental home generate small income?

After some discussions, I'm told that buying a rental home can do that. IMHO, a rental home CAN do that, but only if you put sweat equity into it. In other words, if you buy a rental property in the town where you live and are able to manage the property yourself and do at least the minor repairs (...
by Rupert
Thu Dec 14, 2017 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 39
Views: 2269

Re: Can rental home generate small income?

Does that total payment figure include property tax and the cost of insurance? If not, your margin is definitely too low on this hypothetical house.
by Rupert
Wed Dec 13, 2017 12:49 pm
Forum: Personal Consumer Issues
Topic: Homeowner's Insurance - How Do You Evaluate?
Replies: 23
Views: 1320

Re: Homeowner's Insurance - How Do You Evaluate?

I think your premium is very low for the coverage it offers. I would not lower any limits except additional structure (if possible). Me too, granted I live on the Gulf Coast. The cost of HO insurance seems to be going up almost all over the country because of the number and size of natural disaster...
by Rupert
Wed Dec 13, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Office party secret santa, how to give the gift of investing?
Replies: 17
Views: 744

Re: Office party secret santa, how to give the gift of investing?

How about giving them BitCoin? It's all the rage, you can buy it under the dollar limit, doesn't have paper trail requirements, and it's something that someone who wouldn't buy on their own would probably happily accept. It can be delivered on a cheap USB drive, with the key provided with it, for p...
by Rupert
Wed Dec 13, 2017 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Office party secret santa, how to give the gift of investing?
Replies: 17
Views: 744

Re: Office party secret santa, how to give the gift of investing?

I suggest you do not this unless you know the person is interested in investing. Owning a share of stock can actually be a burden if you don't know what to do with it and don't really want it.
by Rupert
Tue Dec 12, 2017 3:09 pm
Forum: Personal Consumer Issues
Topic: Wind damage to home
Replies: 4
Views: 333

Re: Wind damage to home

When there is no separate deductible for wind/hail damage on the home owner’s policy and there is damage to roof from windstorm, do insurance companies like Amica and Statefarm cover anything at all? Is anyone familiar with exclusions for wind? Thanks! The policy should state whether or not wind da...
by Rupert
Tue Dec 12, 2017 3:05 pm
Forum: Personal Consumer Issues
Topic: Paying contractors for incomplete work
Replies: 32
Views: 2381

Re: Paying contractors for incomplete work

What exactly did the plumber do if he didn't fix the flapper? Did he refuse to fix the flapper or say he couldn't fix it before he charged you? Or did he temporarily fix it but then it broke again? If the latter, then I'd just call the guy (or another plumber from the same company) back out. Every p...
by Rupert
Tue Dec 12, 2017 2:57 pm
Forum: Personal Consumer Issues
Topic: Wind damage to home
Replies: 4
Views: 333

Re: Wind damage to home

What part of the country are you in? I think in areas frequently affected by hurricanes and tornadoes, wind exclusions are common and would be something you discuss when you purchase an HO policy. In my state, for example, if your basic HO policy doesn't include wind coverage, the insurance company ...
by Rupert
Tue Dec 12, 2017 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Parking Lot Dent: Pay myself or submit claim
Replies: 14
Views: 1522

Re: Parking Lot Dent: Pay myself or submit claim

Not necessarily- not all Insurance companies report to carfax. This would not be a major ding on carfax anyway- 4 year old vehicle with 2 panels damaged i would turn in the claim and let Geico handle the payment. maybe. maybe not. i automatically disqualify any used car from consideration if it's b...
by Rupert
Tue Dec 12, 2017 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Employer Moving 401K from Empower to Voya
Replies: 6
Views: 595

Re: Employer Moving 401K from Empower to Voya

There's a couple of ways your employer could handle this transition. They could "map" the funds, i.e., invest your money in the new plan funds most comparable to the funds you were invested in in the old plan. Or they could dump all the money in the plan into a single default fund, such as a money m...
by Rupert
Mon Dec 11, 2017 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: IRA for biz owner with employees?
Replies: 3
Views: 192

Re: IRA for biz owner with employees?

Traditional IRA as an individual. You might consider a SIMPLE IRA for yourself and your employees though, as the contribution limit is higher. Note that an individual 401k is not an option for you because you have employees.
by Rupert
Sun Dec 10, 2017 8:04 pm
Forum: Personal Consumer Issues
Topic: Best Parmesan Cheese for Salad
Replies: 29
Views: 1629

Re: Best Parmesan Cheese for Salad

Just finding a product labeled "parmesan" that actually has cheese in it is harder than it should be. See https://www.bloomberg.com/news/articles ... ld-be-wood.
by Rupert
Fri Dec 08, 2017 10:49 am
Forum: Personal Consumer Issues
Topic: Please suggest a dry hands product
Replies: 82
Views: 3465

Re: Please suggest a dry hands product

Burt's Bees hand salve is good but does have an odor. At night, try putting Aquaphor on them at bedtime. It's similar to Vaseline but less odor. Both (Aquaphor and Vaseline) are so greasy that I wouldn't want to use during the day. Both will stain your clothes as well.
by Rupert
Fri Dec 08, 2017 8:32 am
Forum: Personal Consumer Issues
Topic: Mold removal from wood
Replies: 9
Views: 823

Re: Mold removal from wood

This is the first time I'm hearing about Concrobium and have a few questions. Is this the product that would be used after a hurricane for mold remediation? Is this the product incorporated into anti-mold paints? Is the product as non-toxic as it seems? From the FAQ: Sodium Carbonate is the listed ...
by Rupert
Thu Dec 07, 2017 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Re-inventing career in mid 30s? Law? Tech? Sales?
Replies: 18
Views: 2225

Re: Re-inventing career in mid 30s? Law? Tech? Sales?

Not law, and especially not law if your sole reason for doing it is a desire to become an Assistant US Attorney. Those jobs are hard to come by, and they don't hire many (or any, in most districts) recent law graduates. You'd have to grunt it out for years in a low-pay state prosecutor's office bef...
by Rupert
Thu Dec 07, 2017 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Re-inventing career in mid 30s? Law? Tech? Sales?
Replies: 18
Views: 2225

Re: Re-inventing career in mid 30s? Law? Tech? Sales?

Not law, and especially not law if your sole reason for doing it is a desire to become an Assistant US Attorney. Those jobs are hard to come by, and they don't hire many (or any, in most districts) recent law graduates. You'd have to grunt it out for years in a low-pay state prosecutor's office befo...
by Rupert
Thu Dec 07, 2017 12:59 pm
Forum: Personal Consumer Issues
Topic: Simplisafe or ADT
Replies: 11
Views: 1206

Re: Simplisafe or ADT

Yes, do be careful about the so-called free equipment deals, no matter which company you choose. Those deals often mean the alarm company continues to own the equipment, even after you discontinue monitoring service. Better to pay more up front and own the equipment so at least it's still useful to ...
by Rupert
Thu Dec 07, 2017 12:52 pm
Forum: Personal Consumer Issues
Topic: Mold removal from wood
Replies: 9
Views: 823

Re: Mold removal from wood

Bleach works as well as anything on mold if the wood is easily accessible.
by Rupert
Thu Dec 07, 2017 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money
Replies: 76
Views: 6461

Re: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money

Have you considered federal government jobs? Some of their IT guys make well over $100,000, and they are usually 40-hour/week jobs with the best benefits you can find. Yes I have. I have tried to apply for city/state/goverment jobs online multiple times and never get a callback. I almost get the vi...
by Rupert
Thu Dec 07, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money
Replies: 76
Views: 6461

Re: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money

Have you considered federal government jobs? Some of their IT guys make well over $100,000, and they are usually 40-hour/week jobs with the best benefits you can find.
by Rupert
Thu Dec 07, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: Simplisafe or ADT
Replies: 11
Views: 1206

Re: Simplisafe or ADT

raamakoti wrote:
Thu Dec 07, 2017 11:35 am
I wanted to understand what BH do for home safety
Thanks for your help
There are lots of prior threads on the pros and cons of residential alarm systems and the various companies who offer them.
by Rupert
Thu Dec 07, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: SSN on job applications
Replies: 33
Views: 1747

Re: SSN on job applications

At the present time, I just assume everyone has my SSN whether I like it or not, so giving it out to someone such as physicians, clients, is not a big deal anymore. I also assume the cat is out of the bag, the horses have bolted from the barn, and the bird has flown the coop. Perversely, the only b...
by Rupert
Wed Dec 06, 2017 12:01 pm
Forum: Personal Consumer Issues
Topic: Philanthropy and related issues
Replies: 50
Views: 3322

Re: Philanthropy and related issues

Don't forget to use smile.amazon.com when you make Amazon purchases. Amazon will then make a donation to the charity of your choice. It's a way you can be both materialistic and charitable at the same time. :sharebeer
by Rupert
Wed Dec 06, 2017 11:39 am
Forum: Personal Consumer Issues
Topic: Cat sitter info
Replies: 21
Views: 1027

Re: Cat sitter info

Ideally, you'd choose someone you know -- preferably another cat owner. When I had a cat, I had a deal with one of my neighbors; I'd take care of her cat when she was gone, and she'd take care of ours when we were gone. There are also lots of under-employed teenagers and college students hanging aro...
by Rupert
Wed Dec 06, 2017 10:24 am
Forum: Personal Consumer Issues
Topic: Used Car Buying Help
Replies: 20
Views: 1397

Re: Used Car Buying Help

It seems like a new one would be ideal given the high resale for the used models I've seen. But does that always hold true? The reason that the depreciation on Toyotas is low (and thus you pay a higher priced for a used one) is because they are good cars. Your problems with the car will be, on aver...
by Rupert
Wed Dec 06, 2017 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Cost of orthopedic cast
Replies: 8
Views: 756

Re: Cost of orthopedic cast

To answer the above questions: The billing dept bills for the entire academic medical center including the ortho office. They said they will look into it but never got back to us. The insurance company EOB doesn’t list a CPT code. It shows two lines “cast short arm/cast room”. Each line for cast sh...
by Rupert
Tue Dec 05, 2017 12:51 pm
Forum: Personal Consumer Issues
Topic: service life of (walk behind) lawn mower?
Replies: 45
Views: 2947

Re: service life of (walk behind) lawn mower?

I usually get about 10 years out of a self-propelled mower here in the Deep South mowing tough St. Augustine grass 9 months out of the year (mowing once a week from June-October and once every two weeks March-May and November). I change the spark plug and filter annually, add oil as needed (never ch...
by Rupert
Tue Dec 05, 2017 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) Rollover to Vanguard from Current Employer
Replies: 6
Views: 504

Re: 403(b) Rollover to Vanguard from Current Employer

Hey everyone, thanks for checking out my post. Your insight and advice is much appreciated. My wife works at a private school in Los Angeles. They have a 403(b) setup for her via TIAA-CREF in which she contributes 7.5% and they do a full match. However, I was looking at her investments there and th...
by Rupert
Tue Dec 05, 2017 12:04 pm
Forum: Personal Consumer Issues
Topic: Lowering My Grocery Bill
Replies: 110
Views: 7051

Re: Lowering My Grocery Bill

The folks over at MMM generally are outliers, and I wouldn't measure myself against their standards. I also find that it's important to define what you mean by "groceries." Some people would include non-food household items such as detergent and cleaning supplies in that number, others wouldn't. It'...
by Rupert
Tue Dec 05, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Newport Group servicing 403bs for Vanguard?
Replies: 7
Views: 358

Re: Newport Group servicing 403bs for Vanguard?

This AM I called Vanguard to determine if I could roll my Vanguard 403b from a previous employer into my tIRA that Vanguard also holds. They told me that I could, but that Vanguard has contracted with some company named Newport Group to handle all their 403b work and gave me Newport's number. Since...
by Rupert
Mon Dec 04, 2017 4:50 pm
Forum: Personal Consumer Issues
Topic: Amazon FreeTime on tablets
Replies: 7
Views: 664

Re: Amazon FreeTime on tablets

Amazon's website makes it look like FreeTime is access controls and FreeTime Unlimited provides the content. See Set Up Amazon FreeTime vs About Amazon FreeTime Unlimited Thank you for that first link! Very helpful! I am wanting to gift an Amazon Fire tablet to a 16-year old child who I am told liv...
by Rupert
Mon Dec 04, 2017 12:28 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6647

Re: How to convince DW that high miles used car is OK

A number of topics ask the question, "How do I convince someone else to agree with me on something". I suggest that the first response to any such question is that you should consider the basis for your viewpoint. Then you should ask the person you are trying to convince to explain their viewpoint ...
by Rupert
Fri Dec 01, 2017 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: What's your experience with Medicaid ?
Replies: 41
Views: 2438

Re: What's your experience with Medicaid ?

Consider this an amendment to my earlier comment: Medicaid patients almost always have access to doctors and hospitals affiliated with state-run medical schools. So if you're in a city with a decent state medical school and hospital, odds are Medicaid patients in your city at least theoretically hav...
by Rupert
Fri Dec 01, 2017 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: What's your experience with Medicaid ?
Replies: 41
Views: 2438

Re: What's your experience with Medicaid ?

How good or bad it is often depends on what state you're in because it's a state-administered program. You'll get better answers if you tell people what state you're asking about.
by Rupert
Fri Dec 01, 2017 11:39 am
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7148

Re: Does it make sense to drop health insurance?

Agree with your take. People want the best of both worlds, the security of single payer, and the ability to pick and choose and pay whatever they want. You can't have both. I suspect over the long term we get towards something that looks like single payer, but it will be a long and choppy road. +1....
by Rupert
Thu Nov 30, 2017 4:42 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7148

Re: Does it make sense to drop health insurance?

My point was, and is, that people aren't limited to two options, although that is how both you and the OP presented things. Healthcare and health insurance have become so expensive that you can't box yourself in like that. You have to be willing to move or change jobs or change careers or manipulat...
by Rupert
Thu Nov 30, 2017 2:46 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7148

Re: Does it make sense to drop health insurance?

No, because the choices aren't limited to (a) buy insurance at a cost of $1500/month or (b) go without insurance. I would give up my dream of being self-employed in favor of taking a job with subsidized health insurance before I would place my family's health OR my successful retirement at risk. Wh...
by Rupert
Thu Nov 30, 2017 1:08 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7148

Re: Does it make sense to drop health insurance?

Let's say you work for 43 years and your average monthly premium is $1,500 (slightly more than OP because a) that's where it will be in two years and b) the increases will always outpace inflation). That's 516 months of premiums from 22 to 65. Compounded annually over that time at a rate of 5%, tha...
by Rupert
Wed Nov 29, 2017 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: [Solo 401(k)] Existing t401k and new 403b won't accept incoming rollover
Replies: 9
Views: 557

Re: Existing t401k and new 403b won't accept incoming rollover

Discussion of proposed legislation is forbidden here, and I do not intend to violate that rule by discussing specifics of any proposed legislation. But the pending tax legislation may make your friend's decision easier. So she should wait for it before making any decision re the rollover.
by Rupert
Wed Nov 29, 2017 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Another House Affordability Question
Replies: 18
Views: 1462

Re: Another House Affordability Question

I agree with others that with changes to the federal tax treatment of mortgages and property tax likely at this point, you can't afford a $750-800k house on your salaries. The fact that you will either lose one of your salaries or have to pay daycare/nanny expenses in the near future makes the situa...
by Rupert
Wed Nov 29, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: 529 and taxes
Replies: 7
Views: 915

Re: 529 and taxes

They aren't reported at all unless your parents are claiming a state tax deduction or the annual federal gift tax exclusion was exceeded.