Search found 4026 matches

by denovo
Thu Jun 21, 2018 3:01 am
Forum: Personal Finance (Not Investing)
Topic: Will or Trust?
Replies: 41
Views: 2423

Re: Will or Trust?

Think about what you're trying to accomplish with the trust. 1) avoid estate taxes - you're well below the federal limits, but there still might be state estate or inheritance taxes to think about 2) control from the grave - you don't trust your kid to invest the money properly or not waste it all ...
by denovo
Mon Jun 18, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 16044

Re: Should I take possession of a certified mail?

OP hasn't logged in since the 13th.
by denovo
Sun Jun 17, 2018 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 100
Views: 7330

Re: How much (green) cash at home for emergency ?

A few thousand might be handy to pay (bribe) someone with boat to get you out of the second floor of your house and then get someone with a Jeep to get you through the foot deep water to somewhere dry with the power on. After that all you need is your normal amount of pocket cash, ATM card, and cre...
by denovo
Fri Jun 15, 2018 6:59 pm
Forum: Personal Consumer Issues
Topic: Contractor - Threatening Lien/Lawsuit
Replies: 43
Views: 3487

Re: Contractor - Threatening Lien/Lawsuit

123 wrote:
Fri Jun 15, 2018 3:11 pm
Does your state require contractors to be licensed? Is he currently licensed (some contractors "forget" to renew)? Many states have online systems that let you check the status of a contractors license.
+!
by denovo
Fri Jun 15, 2018 12:26 am
Forum: Personal Consumer Issues
Topic: Non-alcoholic drinks for wedding
Replies: 79
Views: 3551

Re: Non-alcoholic drinks for wedding

dm200 wrote:
Thu Jun 14, 2018 10:07 am
If you're going to serve soda (what in the world is pop?! :) ),
Where I grew up - we did not have a clue what "soda" was - until I went to college. Bottled or canned soft drinks were "pop". it is a regional thing :)
Midwest?
by denovo
Wed Jun 13, 2018 9:01 pm
Forum: Personal Consumer Issues
Topic: Car Repair and Warranty
Replies: 11
Views: 833

Re: Car Repair and Warranty

OP here. The repair after taxes was just over $1k. I did have a friend take a look and checked all of the shields and they were not loose or rusted off yet. Quite sure it definitely was a rattle from inside the converter. Obviously the dealer confirmed it or they wouldn't have suggested that repair...
by denovo
Wed Jun 13, 2018 3:35 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 16044

Re: Should I take possession of a certified mail?

imyeti2 wrote:
Tue Jun 12, 2018 12:11 pm


Anyways, as many other have indicated, will go forward and take possession of the letter. Thanks.

Yeti,
So what was in the letter??
by denovo
Wed Jun 13, 2018 3:31 pm
Forum: Personal Consumer Issues
Topic: Car Repair and Warranty
Replies: 11
Views: 833

Re: Car Repair and Warranty

Something in this story seems off.
by denovo
Wed Jun 13, 2018 12:28 am
Forum: Personal Consumer Issues
Topic: For Sale By Owner (FSBO) purchase - how much discount can I expect?
Replies: 22
Views: 1610

Re: For Sale By Owner (FSBO) purchase - how much discount can I expect?

Discount off of what? There is no MSRP for a house. The seller asks what he wants and the buyer offers what they will pay. If there is an overlap, there is a sale. You can always justify offering less than asking price, but you don't have to justify any offer you make. Your offer is just that, an o...
by denovo
Tue Jun 12, 2018 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Car Lease for parents
Replies: 37
Views: 2525

Re: Car Lease for parents

You can do monthly payments with purchases. I agree, but it is attractive to her for two reasons: The first is that the payments are lower, she has more free cash flow. The second is that she never has to worry about repair or maintenance. She gets to turn the car in prior to even the tires wearing...
by denovo
Tue Jun 12, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 16044

Re: Should I take possession of a certified mail?

Hello, We are in a situation for which we need advise/opinions. We had obtained services of a handyman for some work around the house last month. We have a lot of projects and indicated to him that we'll enlist his services from time to time as we manage our personal cash flow. A few initial projec...
by denovo
Mon Jun 11, 2018 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Car Lease for parents
Replies: 37
Views: 2525

Re: Car Lease for parents

Car leases are bad regardless of age. This is so true. However, my mom leases and I think it is the right thing for her. She is the kind of a person, that would freak out, if she took 1,000 out of savings, but then replaced it with 1,100 worth of income over 6 months. Her income is pension/ss based...
by denovo
Sun Jun 10, 2018 11:34 am
Forum: Personal Consumer Issues
Topic: House sale by owner - Problems & Pitfalls?
Replies: 30
Views: 1581

Re: House sale by owner - Problems & Pitfalls?

When we sell our house, we want to do the sale ourselves in conjunction with our lawyer rather than use a real estate agent (savings approx. $12K). I would appreciate comments by folks who did execute a 'sale by owner' and the problems / pitfalls they encountered. Thank you. By not listing the hous...
by denovo
Sun Jun 10, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: House sale by owner - Problems & Pitfalls?
Replies: 30
Views: 1581

Re: House sale by owner - Problems & Pitfalls?

When we sell our house, we want to do the sale ourselves in conjunction with our lawyer rather than use a real estate agent (savings approx. $12K). I would appreciate comments by folks who did execute a 'sale by owner' and the problems / pitfalls they encountered. Thank you. Biggest pitfall is pric...
by denovo
Sun Jun 10, 2018 9:47 am
Forum: Personal Consumer Issues
Topic: House sale by owner - Problems & Pitfalls?
Replies: 30
Views: 1581

Re: House sale by owner - Problems & Pitfalls?

Many buyer's agents do not disclose a FSBO home to their buyers, so pool of buyers available to consider the home is reduced, which in turn may reduce the offered price and increase duration to sell. Yawn. Most buyers look at Zillow,Redfin in conjunction with the lists that their agent provides by ...
by denovo
Sun Jun 10, 2018 9:27 am
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 107
Views: 8900

Re: PSA: Bank of America now charges $12/month for checking

I moved an IRA to Merrill Edge a few years ago and got a $600 bonus. It’s all in VG ETFs. My balance there gets me Platinum Honors status at BOA and free everything, including foreign ATM fee reimbursement. It’s been a good deal for me. I like their online banking too. By "foreign," you meant non-B...
by denovo
Sat Jun 09, 2018 7:41 pm
Forum: Personal Consumer Issues
Topic: Insurance when renting car with CSR card
Replies: 6
Views: 865

Re: Insurance when renting car with CSR card

If you have no other car insurance, you have a lot of uncovered liability, for example, if you hit a person or damage other property with the car. Those types of coverage are not provided by any credit card I know about. You will need to buy liability coverage from the rental company such as Hertz ...
by denovo
Sat Jun 09, 2018 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Another home thread: 2mil / 40K in taxes
Replies: 59
Views: 5357

Re: Another home thread: 2mil / 40K in taxes

It doesn't matter what occupation the OP has. Do you really think that? The income of a tenured academic or medical specialist is probably more reliable and less subject to fluctuation than someone in sales, high finance, the oil industry, or a small business owner. That kind of job and income secu...
by denovo
Sat Jun 09, 2018 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Another home thread: 2mil / 40K in taxes
Replies: 59
Views: 5357

Re: Another home thread: 2mil / 40K in taxes

I have no suggestion but when you quote this earning power at age 32, I would certainly like to know the industry and the job specific so that I can get my future grand-kids in those fields. It is too late for me or my kids to change the careers at this stage. Revisiting this again with updated sta...
by denovo
Sat Jun 09, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Another home thread: 2mil / 40K in taxes
Replies: 59
Views: 5357

Re: Another home thread: 2mil / 40K in taxes

+1 about SALT. I think the 10K ceiling on the property tax and income taxes as well as the 750K cap on mortgage dept will end up having a dramatic effect on New York, California and Illinois as people learn more about it and as it works its way through the system. Generally agree. However, I think ...
by denovo
Sat Jun 09, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Car Lease for parents
Replies: 37
Views: 2525

Re: Car Lease for parents

Car leases are bad regardless of age.
by denovo
Sat Jun 09, 2018 12:21 pm
Forum: Personal Consumer Issues
Topic: Selected photos of my 4 week ride through the Balkans and the Eastern Dolomites
Replies: 17
Views: 2063

Re: Selected photos of my 4 week ride through the Balkans and the Eastern Dolomites

In April and May, 2018, I spent 4 weeks riding from Venice to Croatia, Slovenia and the Eastern Dolomites. I took over 2300 pictures and I have culled them down to 65 representative photos and placed them on my website. Due to forum rules, I can't link to the photos, but nothing in the rules says y...
by denovo
Sat May 19, 2018 3:49 am
Forum: Personal Consumer Issues
Topic: Cinque Terre, Italy private boat tour
Replies: 7
Views: 906

Re: Cinque Terre, Italy private boat tour

We'll have one day in Cinque Terre next May, during a cruise stop. This particular port of call is the "most special" for DH, so I'd like to arrange a * private* boat tour . We'll be docking in La Spezia. Any recommendations would be terrific. (We might spend some time on land also, but the prime g...
by denovo
Sat May 19, 2018 12:58 am
Forum: Personal Consumer Issues
Topic: Nephew graduating high school & joining military. Gift Ideas?
Replies: 29
Views: 1676

Re: Nephew graduating high school & joining military. Gift Ideas?

If I get him a Nintendo switch everyone would expect one, including myself 😂 First command financial services.. got it. I'll tell him to stay away from military star card too they got me when I was in by saying I could walkout with a laptop on credit. Very bad choice in retrospect, develops bad hab...
by denovo
Thu May 17, 2018 1:50 pm
Forum: Personal Consumer Issues
Topic: Scholarships for elementary school education
Replies: 5
Views: 487

Re: Scholarships for elementary school education

This is an area I don't know anything about - but is there such a thing as scholarships for private elementary school education? I am only familiar with how this works on the collegiate level. Thank you. Jack is right. The school itself is thee source of scholarships and may have an idea about othe...
by denovo
Thu May 17, 2018 12:44 am
Forum: Personal Consumer Issues
Topic: 2018 Yellowstone Trip advice needed
Replies: 20
Views: 1456

Re: 2018 Yellowstone Trip advice needed

it is not clear that you have confirmed bookings at Canyon Lodge. Also note that road closures can happen due to fires, so you may wish to have some contingency plans. For instance in 2016, the road north from Moran into Yellowstone was closed for a week or so. We flew in/out of Jackson using Frequ...
by denovo
Thu May 17, 2018 12:42 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage decision killing me
Replies: 52
Views: 6841

Re: Mortgage decision killing me

But, with you having such a big pile of cash sitting on the sidelines, this doesn't concern me as much. If you wake up 7 years from now to find your rate increasing 2% a year, and 30 year mortgages at 7.5% - you can just pay off your mortgage and call it a day. Depending on what's in his brokerage ...
by denovo
Thu May 17, 2018 12:38 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage decision killing me
Replies: 52
Views: 6841

Re: Mortgage decision killing me

sorry, but the ARM makes no sense to me. Sure, a recession could be coming, but so could another 5 year economic boom, which raises interest rates. I'd go with the 30 and pay it down faster. If rates do drop, you can always do a no-cost refi. What makes you think we can't have a recession and high ...
by denovo
Thu May 17, 2018 12:11 am
Forum: Personal Finance (Not Investing)
Topic: Golden Handcuffs
Replies: 53
Views: 8757

Re: Golden Handcuffs

BradJ wrote:
Wed May 16, 2018 9:19 am
. My company encourages me to take leadership classes because they “see something” in me.....but isn’t every employee told that?
Is it possible you're a "line" worker , sorry terminology may be different depending on your industry, and they want you go to a management track?
by denovo
Thu May 17, 2018 12:06 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 240
Views: 31693

Re: MoviePass-Too good to be true, but it's legit.

... I fear it will not last through our anniversary date in November. I am going to ride this horse 'till it drops. +1 Ya, at the end of the day, it's 10 dollars a month and I've gotten more than my money's worth. Is it possible that 5 days after one billing date the company will go bankrupt, sure ...
by denovo
Thu May 17, 2018 12:05 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 240
Views: 31693

Re: MoviePass-Too good to be true, but it's legit.

FYI, the CEO of MoviePass was noncommittal when asked if the 1 movie per day plan would come back after the iHeartRadio promotion according to Hollywood Reporter: https://www.hollywoodreporter.com/news/is-moviepass-ending-idea-30-tickets-price-one-1106014. Perhaps they're reading too much into the ...
by denovo
Thu May 17, 2018 12:00 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 240
Views: 31693

Re: MoviePass-Too good to be true, but it's legit.

So will we---kind of. We generally see 40-50 movies a year in the theater, and frankly we have not watched any more simply because we have MoviePass. I wondered if our viewing pattern might change given the model, but it really has not. If a movie generally gets good reviews, we will likely see it....
by denovo
Wed May 16, 2018 11:54 pm
Forum: Personal Consumer Issues
Topic: Brake work estimate
Replies: 45
Views: 3018

Re: Brake work estimate

All, Thanks a bunch for the advice. Answers to a few qs in the thread: I live in a southern state so no salt. The front pads are fine per the shop. I prefer going to a shop rather than craigslist :) I called the shop and spoke to the owner. He reviewed the paperwork and agreed that the rotors do no...
by denovo
Wed May 16, 2018 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Selling land FSBO help please
Replies: 27
Views: 1393

Re: Selling land FSBO help please

I have some residential land that I'd like to sell and considering FSBO. I know this has been discussed several times on this forum but I didn't see anything in regards to bare land. It seems land lends itself to FSBO better than homes because you don't have to let anyone in. Any tips? What is the ...
by denovo
Wed May 16, 2018 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Selling land FSBO help please
Replies: 27
Views: 1393

Re: Selling land FSBO help please

pshonore wrote:
Wed May 16, 2018 8:30 am
When I was selling RE, typical commission rate on land was 10%. Not sure if thats still the case but you may have trouble finding a buyers agent who will accept 1%. Selling residential land is not necessarily less work than selling a house.

See my above reply.
by denovo
Wed May 16, 2018 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Selling land FSBO help please
Replies: 27
Views: 1393

Re: Selling land FSBO help please

I have noticed around here that a lot of the time the commission on raw land/lots is 10% when using an agent. I assume this is split evenly between buying and selling agents. Of course, you can still offer whatever you want to the buying agent (if any). I suspect it has to do with the value of the ...
by denovo
Wed May 09, 2018 5:15 pm
Forum: Personal Consumer Issues
Topic: What's the view on dogs running free?
Replies: 110
Views: 5683

Re: What's the view on dogs running free?

bengal22 wrote:
Wed May 09, 2018 12:57 pm
It wont stop bothering you regardless of replies here. Put up a fence.
first reply has the right answer
by denovo
Mon May 07, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: How are we doing?
Replies: 13
Views: 1803

Re: How are we doing?

Hi Bogleheads, 2) My 401k has really high expense ratios, should I contribute to my 401k or my wife’s Roth IRA with any extra money that we have given that our federal marginal tax rate is 22%? 3) Is there any problem with contributing $4000 to the 529 plan while not maxing my 401k? 4) We plan on m...
by denovo
Mon May 07, 2018 4:28 pm
Forum: Personal Consumer Issues
Topic: Family Vacation in Late Feb
Replies: 30
Views: 1444

Re: Family Vacation in Late Feb

So wife and I will celebrate our 10 year anniversary this coming fall. We're looking to take a family vacation with our kids, who will be 9 and 8 by then, in February 2019. My wife is a teacher so unfortunately we have to go during school vacation week (peak travel to FL, the Caribbean, etc). As of...
by denovo
Mon May 07, 2018 6:14 am
Forum: Personal Finance (Not Investing)
Topic: What career for smartest kid in the class?
Replies: 132
Views: 8338

Re: What career for smartest kid in the class?

I retired from Cardiology 13 years ago at age 54. If I were doing it now, I would choose a career other than Medicine. The average med school debt is $195,000, and we have turned physicians into professional students. If you start med school at age 25 and want to be a Cardiology subspecialist, you ...
by denovo
Fri May 04, 2018 5:01 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 694
Views: 75046

Re: Netflix, Your Current Favorite Show

I am currently watching The West Wing. I love how they portray the President so far, Martin Sheen does a great job. I like the character of Donna a lot too. This is my favorite TV show. The first 4 seasons are a masterpiece.* Season 5 is rough and uneven, bunch of good episodes mixed with some bori...
by denovo
Fri May 04, 2018 4:55 am
Forum: Personal Consumer Issues
Topic: Need advice on $5M property sale
Replies: 39
Views: 4076

Re: Need advice on $5M property sale

6 percent is a ripoff. I guarantee you will find brokers willing to do this for 2 percent.
by denovo
Thu May 03, 2018 4:36 am
Forum: Personal Consumer Issues
Topic: Should reliability rankings eliminate Jeep Grand Cherokee?
Replies: 91
Views: 5460

Re: Should reliability rankings eliminate Jeep Grand Cherokee?

Do what i did... buy a lifetime warranty for around $2700 from one of the big three jeep dealers that sell the mopar warrantys online. I paid around $2700 for a true lifetime unlimited mile warranty. See the jeep garage site for more details. Ive only owned Toyotas and hondas before, and they have ...
by denovo
Wed May 02, 2018 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Decedent’s loan and estate
Replies: 3
Views: 385

Re: Decedent’s loan and estate

Hello friends, Any idea how to handle this? The decedent gave his grand daughter a loan that should be paid off in the next 2 years. If the estate settles before the loan is paid back, what happens to the loan? I guess the loan could be settled or sold, but what else? Thank you! Are you the executo...
by denovo
Mon Apr 30, 2018 5:02 am
Forum: Personal Finance (Not Investing)
Topic: AF pilots and retention bonus, glad you stayed or happy you went?
Replies: 27
Views: 3743

Re: AF pilots and retention bonus, glad you stayed or happy you went?

Again, this level of typical financial analysis is missing two factors: 1. The value (opportunity cost) of earnings elsewhere during the rest of a life. Leaving active duty does not imply that human capital plummets to zero. No one claims human capital plummets to zero. People do claim a CPI adjust...
by denovo
Sun Apr 29, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Should I change careers?
Replies: 52
Views: 3921

Re: Should I change careers?

Could you describe your day job in more detail, I am wondering how applicable that experience is to stock picking? I have to be very careful here to not say anything that might reveal my identity in case my employer sees this thread. I evaluate private companies (everything from early stage startup...
by denovo
Sun Apr 29, 2018 4:46 am
Forum: Personal Finance (Not Investing)
Topic: Should I change careers?
Replies: 52
Views: 3921

Re: Should I change careers?

Could you describe your day job in more detail, I am wondering how applicable that experience is to stock picking?