Search found 782 matches

by corysold
Tue Dec 03, 2019 2:22 pm
Forum: Personal Investments
Topic: "The Wealthy Renter" by Alex Avery.
Replies: 135
Views: 12241

Re: "The Wealthy Renter" by Alex Avery.

We rent and I have not read the books and I have also owned a home. By renting, we have been able to max out 401(k), HSA, Roth, save significant post tax, take vacations. I think I will need a newer car in 3 years so saving for it. When I compare what my monthly expenses were when I owned a house o...
by corysold
Tue Dec 03, 2019 12:13 pm
Forum: Personal Investments
Topic: "The Wealthy Renter" by Alex Avery.
Replies: 135
Views: 12241

Re: "The Wealthy Renter" by Alex Avery.

I am currently debating this myself. I have enough money for a downpayment on a home, but I live in an area with expensive real estate and cannot justify paying $400k for a 2-3 bedroom 1200 sq ft house. Rents are currently high here as well, but at least it does not come with the added maintenance ...
by corysold
Tue Dec 03, 2019 12:09 pm
Forum: Personal Consumer Issues
Topic: How to Replace Through-The-Wall Air Conditioner?
Replies: 18
Views: 1100

Re: How to Replace Through-The-Wall Air Conditioner?

" It isn't just for one room like a window AC." Yes it is, except with a sleeve/case. Google it. I've used them for 25 years. My current unit is 25,000 btus and takes two healthy tall individuals to move. Two individuals and two stepladders because the bottom of the case is 6.5 feet off the floor. ...
by corysold
Tue Dec 03, 2019 11:45 am
Forum: Personal Consumer Issues
Topic: How to Replace Through-The-Wall Air Conditioner?
Replies: 18
Views: 1100

Re: How to Replace Through-The-Wall Air Conditioner?

You'll need an HVAC contractor. A through the wall AC unit allows the condenser to sit in the sleeve. That condenser is then tied into the Air Handler/Furnace to provide A/C to the whole unit. It isn't just for one room like a window AC. The big thing is to make sure the company measures properly an...
by corysold
Sun Dec 01, 2019 9:28 pm
Forum: Personal Investments
Topic: Defined Contribution Deposit Rules
Replies: 5
Views: 417

Re: Defined Contribution Deposit Rules

Thanks for the help. From the summary plan description: The Supplemental Retirement Savings Plan is a defined contribution plan consisting of a money purchase plan and a profit sharing plan maintained for the purposes of providing retirement benefitsto eligible Participants. This means that the doll...
by corysold
Sun Dec 01, 2019 2:56 pm
Forum: Personal Investments
Topic: Defined Contribution Deposit Rules
Replies: 5
Views: 417

Defined Contribution Deposit Rules

I have a DC plan at work which started on September 1st of this year. The first deposit wasn't made until November 13th, which seemed like a long time. I know 401k are supposed to be deposited by the 15th of the following month, do all DC plans have this same rule? I interpret that as the deposit fo...
by corysold
Thu Nov 28, 2019 7:24 pm
Forum: Personal Investments
Topic: Should we save in addition to retirement benefits?
Replies: 22
Views: 1763

Re: Should we save in addition to retirement benefits?

Thank you for the help. To summarize, we are just getting to the point where our income should start to outpace our expenses. I stayed home with the kids for 12 years and didn't earn much working a paper route. Kids are mostly in school, I've found a pretty good job and hopefully will start to have ...
by corysold
Thu Nov 28, 2019 9:40 am
Forum: Personal Investments
Topic: Should we save in addition to retirement benefits?
Replies: 22
Views: 1763

Re: Should we save in addition to retirement benefits?

Wife's pension has a 3% compounded COLA. I'll need to check mine. I agree with the life balance, that's what I'm trying to make sure we have. We have 6 kids and have had some financial starts and stops. Finally have a couple of good incomes with potential for growth, so I want to make sure we plan f...
by corysold
Thu Nov 28, 2019 8:24 am
Forum: Personal Investments
Topic: Should we save in addition to retirement benefits?
Replies: 22
Views: 1763

Should we save in addition to retirement benefits?

I've started a new job and we're trying to determine if we need to be saving on top of the retirement benefits we have. My wife is a teacher. She'll get a pension, assuming she works until 57 (we're both 40), of 75% of her last 4 years. Her pension is currently funded at 42%. I get a pension at my j...
by corysold
Sun Nov 24, 2019 2:00 pm
Forum: Personal Consumer Issues
Topic: 12+ passenger van - Ford Transit vs ?
Replies: 2
Views: 315

12+ passenger van - Ford Transit vs ?

I'm in the market for a 12+ passenger van. I've decided against the Mercedes for cost/reliability issues. I don't like the look of the Nissan NV. I'm not finding the Ram in a passenger variety. That leaves the Ford Transit. Does anyone have direct experience with their passenger models? Are there ot...
by corysold
Sun Nov 10, 2019 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Switching health insurances question
Replies: 2
Views: 271

Switching health insurances question

I received health insurance through my job as of November 1st. Due to some paperwork delays, we haven't had a chance to cancel my wife's insurance through her school district as of yet. She has an appointment scheduled for tomorrow, which insurance should she use? Does it matter if just uses her ins...
by corysold
Sun Nov 10, 2019 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 10712

Re: Seller's agent not letting us use a buyer's agent

Be sure you haven't signed anything with the Redfin agent before proceeding. If you have, you will be on the hook for the commission whether the seller agent pays it out or not. The seller agent's broker might fight the payment, since they think they are the procuring cause (which they are). Your ag...
by corysold
Sun Nov 10, 2019 7:36 am
Forum: Personal Consumer Issues
Topic: New thermostat for mid-late 70’s parents?
Replies: 27
Views: 1657

Re: New thermostat for mid-late 70’s parents?

It's easy enough to see if they have enough wires to run a common (C-wire). Just take off the front of the thermostat and see if there are more than 4 wires present. Sometimes the extra wires will be wrapped around the wire sheathing and tucked back into the wall, but they should be noticeable. If y...
by corysold
Sat Nov 09, 2019 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 10712

Re: Seller's agent not letting us use a buyer's agent

Read more about Procuring cause here: www.realtor.com/advice/buy/if-i-first-saw-a-house-with-one-realtor-can-i-buy-it-with-another2.amp/ This is why I generally avoid going to open houses. If you decide to go to one without your buyers agent, I would bring the agent’s business card and explicitly s...
by corysold
Sat Nov 09, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 10712

Re: Seller's agent not letting us use a buyer's agent

The issue is the Seller's agent doesn't want to pay your agent a commission when they did all of the work. Why would they? Your agent should have been "dragged" along to all of the showings, that's what they are there for. Redfin agents muddy these waters are they aren't full commission agents and d...
by corysold
Thu Nov 07, 2019 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Secondary Dental Insurance
Replies: 2
Views: 395

Secondary Dental Insurance

I started a new job that offers full health benefits. My wife had the benefits and we are trying to decide if it is worth keeping her dental insurance. It seems hard to determine what the secondary (Mine would be for kids based on birthday rule), so I called the fund office where the dental claims r...
by corysold
Wed Apr 10, 2019 2:28 pm
Forum: Personal Consumer Issues
Topic: Cleaning shingles (moss & mildew)
Replies: 27
Views: 2978

Re: Cleaning shingles (moss & mildew)

Wet and Forget does work, I used it on my roof on a similarly shaded spot.

Though the moss all died, it took quite a while for it all to be washed from the roof with rain and such. Depending on whether that will bother you, you may want to look for a solution to removing it once it's dead.
by corysold
Wed Apr 10, 2019 9:15 am
Forum: Personal Consumer Issues
Topic: Best way to post a series of videos online?
Replies: 5
Views: 427

Re: Best way to post a series of videos online?

You can always put them on youtube and mark as private. Of course, parents would need to have accounts to see them. Thanks, this is what I ended up doing, though I kept it public for ease of use and created some playlists to separate by category. I liked Livesoft's suggestion but decided to go with...
by corysold
Sun Apr 07, 2019 1:23 pm
Forum: Personal Consumer Issues
Topic: Best way to post a series of videos online?
Replies: 5
Views: 427

Best way to post a series of videos online?

I'm looking for some direction for a project. I coach my boys in baseball and am looking to post a series of videos that the parents on the team can access. Each video is taken with an iphone and is about a minute long. I have 10-12 so far, but will be adding in the future. Each video is a specific ...
by corysold
Thu Apr 04, 2019 2:50 pm
Forum: Personal Consumer Issues
Topic: Clipless pedals for a hybrid bike
Replies: 48
Views: 2549

Re: Clipless pedals for a hybrid bike

I ride my road bike with Keo Look cleats for 10 years. I’ve liked them but also haven’t tried an alternative on my bike. So I both don’t know what I’m missing and haven’t felt a need to try anything else. I feel I get good power transfer but can also get out of them in a hurry. They’re hard to walk...
by corysold
Thu Apr 04, 2019 1:09 pm
Forum: Personal Consumer Issues
Topic: Clipless pedals for a hybrid bike
Replies: 48
Views: 2549

Re: Clipless pedals for a hybrid bike

Cost wise you're probably going to end up pretty close, so it would seem to be a preference issue. I can see the benefit to have two sets of shoes, though I don't know your exact situation and where your rides start from. For example, if you drive somewhere to start your outdoor rides, having a pair...
by corysold
Tue Apr 02, 2019 7:55 am
Forum: Personal Finance (Not Investing)
Topic: 11-year old with iPhone - advice on how best to manage?
Replies: 68
Views: 5177

Re: 11-year old with iPhone - advice on how best to manage?

Wow - reading this thread caused me a great deal of anxiety. I am in my mid 30s so lived through the internet age as a minor but certainly did not grow up with it. Always accessible high speed WiFi wasn’t a thing until 2nd half of college. Most of my friends are not all that active on the social me...
by corysold
Tue Apr 02, 2019 7:50 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Performance Of State Pension Plans
Replies: 46
Views: 5366

Re: Larry Swedroe: Performance Of State Pension Plans

Thank You Florida pension. 6 years ago Gov. Rick Scott twicked the pension system to new employees. Increased years required to work to get penison and took away the COLA and also increase contributions to pension. Also reduced drop interest to 1.25%. So, the pension board realized something had to...
by corysold
Fri Mar 29, 2019 9:52 am
Forum: Personal Finance (Not Investing)
Topic: 11-year old with iPhone - advice on how best to manage?
Replies: 68
Views: 5177

Re: 11-year old with iPhone - advice on how best to manage?

We allow our 11 year old daughter to use our phones to text, snapchat, houseparty and whatever other apps there are that they use. She can't use it after 8 PM and always needs to ask us before grabbing the phone off the counter or something. That way she can still be in touch with her friends, but w...
by corysold
Fri Mar 22, 2019 8:17 am
Forum: Personal Consumer Issues
Topic: [Golf club] Driver for 18 handicap young senior.
Replies: 24
Views: 985

Re: Driver for 18 handicap young senior.

If you play that much, the best thing you can do is go get fitted at a professional fitter. I've used Club Champion in the past, but there are plenty out there. Hit a bunch of drivers, find out which one works best for you and your swing. No one can tell you what is best on the internet without seei...
by corysold
Sat Mar 16, 2019 1:06 pm
Forum: Personal Consumer Issues
Topic: Age for starting kindergarten
Replies: 61
Views: 4210

Re: Age for starting kindergarten

Kindergarten is for social development. That's the whole point, or used to be totally and now is mostly. Yes, they learn academics, but they also learn how to interact socially, wait in line, take turns, listen to a teacher, sit quietly, etc. etc. I wouldn't worry about him socially. I would worry i...
by corysold
Fri Mar 15, 2019 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: How to get rid of a car
Replies: 48
Views: 4006

Re: How to get rid of a car

I've used peddle.com before for a really old car that wasn't worth much. Got a much higher offer than I expected and they came, picked it up and handed me a check. It was a 2005 Prius with 225,000. Windows didn't work. Cosmetic damage. One dealer offered nothing for trade and peddle gave me $1300.
by corysold
Thu Mar 14, 2019 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Is my *entire* life financed when I have a mortgage?
Replies: 84
Views: 6280

Re: Is my *entire* life financed when I have a mortgage?

Couldn't you also say, once your mortgage is paid off, that every purchase is financed at the return you could get if you invested that money? But you'd also have to put a dollar figure on the happiness that item gives you over time, so it seems like a never ending cycle of trying to figure out value.
by corysold
Wed Mar 13, 2019 11:40 am
Forum: Personal Consumer Issues
Topic: Utility bill hits new highs! What can I do?
Replies: 55
Views: 3351

Re: Utility bill hits new highs! What can I do?

Is your furnace in your unit? Have you changed filters? Clogged filters can increase usage by quite a bit. What floor are you on? Has a tenant below you or a neighbor changed in the past year? Perhaps you were getting some residual heat from a neighbor and a new neighbor keeps their home cooler? Hav...
by corysold
Wed Mar 13, 2019 7:55 am
Forum: Personal Consumer Issues
Topic: What time do you start your day?
Replies: 69
Views: 3616

Re: What time do you start your day?

Wake at 2:45 AM, done with work by 7 AM, watch my kids the rest of the day.
by corysold
Tue Mar 12, 2019 9:39 am
Forum: Personal Consumer Issues
Topic: Backyard sport court, turf, etc
Replies: 12
Views: 1165

Re: Backyard sport court, turf, etc

You can probably find used fieldturf online or on your local Craigslist. The bigger thing will be to figure out the drainage issue. Just tamping the soil and laying turf might work, but it will probably just end up with puddles on the turf, or it will become uneven as you play on wet soil underneath...
by corysold
Tue Mar 05, 2019 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Paying slightly more than balance due on credit card statement?
Replies: 12
Views: 1083

Re: Paying slightly more than balance due on credit card statement?

I always pay off my pending transactions as well, which results in a credit, sometimes close to $1,000, which comes off as those things clear in the coming days. That's with a Citi card, but I've done the same with other cards. I imagine most would work the same way.
by corysold
Tue Mar 05, 2019 12:39 pm
Forum: Personal Consumer Issues
Topic: Riding lawn mower recommendation
Replies: 12
Views: 915

Re: Riding lawn mower recommendation

Will you need/want to do any towing of a cart? Doesn't sound like it based on your post, but zero turns aren't great for towing. Zero turns also have two transmissions, one for each back tire. Some can be difficult to repair, overall a tractor will be better than a zero turn for DIY repairs on avera...
by corysold
Tue Mar 05, 2019 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford a more expensive home? And is it wise?
Replies: 35
Views: 2744

Re: Can we afford a more expensive home? And is it wise?

From experience, I'd wait. We did the "count on raises in the future as kids come" thing and while it sort of worked, it wasn't the best way to do it looking back. Kids don't have to cost a lot, but they do cost something. Daycare for one, ancillary things for a second. We made it work for 12 years ...
by corysold
Mon Mar 04, 2019 3:19 pm
Forum: Personal Consumer Issues
Topic: Convince aging parents to pay for snow removal
Replies: 64
Views: 4030

Re: Convince aging parents to pay for snow removal

That is how much of that generation is. Nothing you are going to do about it. My dad has had two knee replacements, two open heart surgeries in the last two years and he still shovels the snow, despite living in a townhome and having a service that does the whole neighborhood. We've all learned he's...
by corysold
Mon Mar 04, 2019 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Job Offer Negotiation
Replies: 17
Views: 1326

Re: Job Offer Negotiation

Only you know what you're worth and what you are willing to take. Offer a range back, something like $105-115 based on some data you come up with. Anchor them on the high end and work your way back to your $100 number. Worst case, you end up with a 30% raise, best case, you get the 6 figures you ai...
by corysold
Mon Mar 04, 2019 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Job Offer Negotiation
Replies: 17
Views: 1326

Re: Job Offer Negotiation

Only you know what you're worth and what you are willing to take. Offer a range back, something like $105-115 based on some data you come up with. Anchor them on the high end and work your way back to your $100 number. Worst case, you end up with a 30% raise, best case, you get the 6 figures you aim...
by corysold
Sat Mar 02, 2019 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: How much does owning vehicles (cost/month)
Replies: 53
Views: 4241

Re: How much does owning vehicles (cost/month)

Might be better to do a cost per mile. I'm on my 3rd Prius, first two went well over 200,000, but I spend $225 just in gas a month and put on 38,000/miles a year. Obviously some things are better monthly, insurance, registration, etc. But much might be better on a per mile basis. All that said, I do...
by corysold
Sat Mar 02, 2019 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: New skills learning
Replies: 2
Views: 206

Re: New skills learning

What are you good at? If you can throw 97, but don't have a breaking ball, I'd work on a slider and a change.

If you are in sales, you should work on selling and negotiation.

Etc.
by corysold
Sat Mar 02, 2019 10:06 am
Forum: Personal Consumer Issues
Topic: Thinking of Buying a Watch - Recommendations?
Replies: 74
Views: 5417

Re: Thinking of Buying a Watch - Recommendations?

FWIW, I read an article the other day that watches are making a comeback. Many younger folks are getting interested in watches and the idea of "just check your phone" isn't necessarily how young people are thinking these days. I love wearing a watch. I don't have my phone in the pool, don't have it ...
by corysold
Sat Mar 02, 2019 10:00 am
Forum: Personal Consumer Issues
Topic: Thinking of Buying a Watch - Recommendations?
Replies: 74
Views: 5417

Re: Thinking of Buying a Watch - Recommendations?

Casio MDV-106. $44.99 on Amazon. Rubber strap isn't great, but I swap it out for a NATO strap ($12) once a year, gives a whole new look. Very sturdy, looks great, waterproof. Tells time and date and nothing else. Can use as a timer with dive bezel if needed. I get a lot of compliments on mine. https...
by corysold
Fri Mar 01, 2019 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: BH could you live off your SS benefit?
Replies: 141
Views: 8014

Re: BH could you live off your SS benefit?

My wife doesn't pay into it and my expected benefit is currently $1250/month. That isn't going to go very far.
by corysold
Thu Feb 28, 2019 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: CIT Bank reliable? They have a 2.45% Savings Account
Replies: 19
Views: 1774

Re: CIT Bank reliable? They have a 2.45% Savings Account

They're fdic insured so you have nothing to worry about. ACH transfer, and linking accounts are extremely slow. I was on hold for 20 minutes the other day without getting to the first real person on the phone. They were not willing to work with me one time when I asked for a policy exception. I do ...
by corysold
Mon Feb 25, 2019 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Purchase --Back Out Advice?
Replies: 27
Views: 2473

Re: Real Estate Purchase --Back Out Advice?

A couple of mechanical questions. Here in NC it is common for the listing agent to retain the earnest money deposit and in some/many cases the check isn't even deposited until close to closing. Have the earnest money funds cleared your bank account yet? If not, a stop payment + a letter to the sell...
by corysold
Thu Feb 21, 2019 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Side gig ideas with minimal requirements?
Replies: 124
Views: 10043

Re: Side gig ideas with minimal requirements?

Look at EasyShift, GigWalk and Field Agent. All apps that provide opportunity for side gigs, mostly at local stores, Walmart, Target, liquor stores, etc. Doesn't pay much, $5-10/per job, but they only take a few minutes each and if you are in the area/stores anyway. Jobs are sporadic, but can be pic...
by corysold
Thu Feb 21, 2019 8:39 am
Forum: Personal Consumer Issues
Topic: Tip amount for daily newspaper delivery
Replies: 40
Views: 7452

Re: Tip amount for daily newspaper delivery

As a carrier for almost 12 years now, hopefully I can add to this discussion. When I first started, I earned $530 week for one route of about 275 daily papers and 500 on Sunday. That included a gas reimbursement of $50/week and my route was about 28 miles a day. Today, I have 3.5 routes that total 5...
by corysold
Wed Feb 20, 2019 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Effective tax rate
Replies: 26
Views: 2003

Re: Effective tax rate

6 kids child credits gets us to a -3.6% rate. About $8000 total tax on $107,000 gross. One teacher, one self employed. Teacher doesn't pay SS. No property tax currently.
by corysold
Fri Feb 15, 2019 3:59 pm
Forum: Personal Consumer Issues
Topic: Milestone Speech Question
Replies: 10
Views: 784

Re: Milestone Speech Question

If you're second to someone who may go very long, I'd work hard to be pretty short. It's been a long time since I heard a wedding/retirement/dinner speech that was 5+ minutes and I wished they'd kept going. You have some great hooks. I'd go something like: Intro with a hook you have, thank everyone ...
by corysold
Fri Feb 15, 2019 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Requested: Solar Panels, Home Improvement, and Financing
Replies: 4
Views: 307

Re: Advice Requested: Solar Panels, Home Improvement, and Financing

Is that your estimate for the basement/deck, or a contractor estimate? That seems a bit low unless those are fairly small projects.
by corysold
Fri Feb 15, 2019 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Options for Commuting to Work
Replies: 37
Views: 1653

Re: Advice Needed - Options for Commuting to Work

No, it isn't an ideal commute, but it is a job and might be your best option at this point. Short of finding another job, I'd vote for the car. You can run errands if needed to an from work, stop for a break if needed etc. Can't do that on the bus. It's shorter. Time is money and not being in a comm...