Search found 2660 matches

by adamthesmythe
Thu May 23, 2019 4:46 pm
Forum: Personal Consumer Issues
Topic: Should I buy a used BMW 330E 2018?
Replies: 21
Views: 1213

Re: Should I buy a used BMW 330E 2018?

> I’ve leased a 2018 BMW 330E Hybrid for about a year now. So the lease is up in two years?? If so, why be thinking about buying cars now? As far as safety is concerned- if you are a new driver almost all of the risk comes from you. Modern safety features should help a lot unless they confuse/ distr...
by adamthesmythe
Wed May 22, 2019 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Health Shares - Need your opinion!?
Replies: 35
Views: 1598

Re: Health Shares - Need your opinion!?

Just be aware that the health share plans are not insurance and have no obligation to pay your claims. If your claim was $700k would they still have paid it? Who knows. What about $2M? Insurance companies are required by law to pay your claims. Health sharing companies are playing with fire IMO. Pe...
by adamthesmythe
Wed May 22, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Health Shares - Need your opinion!?
Replies: 35
Views: 1598

Re: Health Shares - Need your opinion!?

You can search for past threads on Health Shares. Unfortunately BH is extremely negative against these products even though almost none of the posters have actual experience with them. Generally I have heard very positive feedback and reviews about the major health share plans and would not be afra...
by adamthesmythe
Wed May 22, 2019 10:52 am
Forum: Personal Consumer Issues
Topic: Inexpensive way to gain weight
Replies: 54
Views: 2235

Re: Inexpensive way to gain weight

Sumo wrestlers eat chankonabe (ちゃんこ鍋), a stew consisting of fish, vegetables, meat, and tofu.

I recommend you look at photos of sumo wrestlers first.
by adamthesmythe
Wed May 22, 2019 10:09 am
Forum: Personal Consumer Issues
Topic: Can I change int'l flight with connection to non-stop
Replies: 9
Views: 794

Re: Can I change int'l flight with connection to non-stop

Agree with all above. Don't skip a flight. Call Delta. Sit in a comfy chair, meditate until serene, and make sure your phone is charged.
by adamthesmythe
Wed May 22, 2019 10:05 am
Forum: Personal Consumer Issues
Topic: Best small AWD to 'drive into the ground'
Replies: 85
Views: 4925

Re: Best small AWD to 'drive into the ground'

The new RAV-4 offers two different AWD systems, one of which is supposedly better. I would be happy to hear about experiences with the better one. Subaru no longer has locked 4WD and low range. I once had an old Subaru and it was great on ice/snow. Other than that I remember it as dutiful, maybe mor...
by adamthesmythe
Wed May 22, 2019 9:58 am
Forum: Personal Finance (Not Investing)
Topic: How much house (% of NW) should a retiree have?
Replies: 16
Views: 1885

Re: How much house (% of NW) should a retiree have?

There are no rules. But...the price alone does not tell the story. The issue is more the total cost of ownership: foregone investment income + cost of owning the house. The second can dominate. One reason I sold an old in-city house was the high cost of taxes and utilities and the likely high cost o...
by adamthesmythe
Mon May 20, 2019 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Relocate to Charleston SC?
Replies: 43
Views: 4309

Re: Relocate to Charleston SC?

Jeroly, my return on real estate is so low because of rent control. On the other hand, I have great long term tenants. Also my sister lives in the inlaw suite of one of them. I will definitely sell that one when she wants to move and put proceeds into a diversified portfolio. Renue thanks for the t...
by adamthesmythe
Mon May 20, 2019 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Mom's Condo
Replies: 12
Views: 1606

Re: Selling Mom's Condo

Since no one has said it yet, I will. It is almost always a mistake to put the owner's children on the title of real estate; it is far better to list them as beneficiaries of the property in a will. That way, the children get a stepped-up basis in the property, greatly reducing their capital gains ...
by adamthesmythe
Mon May 20, 2019 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Escrow issues with Fifth Third
Replies: 10
Views: 802

Re: Escrow issues with Fifth Third

Unfortunately you don't get to decide about cancelling escrow, the bank does.

However their incompetence in making insurance payments might help you persuade them.
by adamthesmythe
Mon May 20, 2019 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Should I encourage my kids to work in high school/college?
Replies: 159
Views: 7459

Re: Should I encourage my kids to work in high school/college?

A colleague once remarked that a summer spent working in a factory strongly motivated him to pursue an advanced degree, so he would never have to do that again. Other important life lessons learned from working: working and knowing people from all backgrounds; learning to show up on time; and apprec...
by adamthesmythe
Sun May 19, 2019 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 111
Views: 8298

Re: Selling Home: Demanding Buyer Part 2 (picture)

By the way- it's not uncommon for some items required for closing to not be done in time. I once had a problem with a meter reading. When requesting a change in the language, you could note that the electric company has not been responsive and that this is your attempt to keep the closing on schedule.
by adamthesmythe
Sun May 19, 2019 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 111
Views: 8298

Re: Selling Home: Demanding Buyer Part 2 (picture)

Change the language to the effect that "seller will reimburse the cost of the electrician of buyer's choice up to $XX for any repairs to the electric meter that are required by the electric company, after inspection, that will not be made by the electric company. Buyer to provide a copy of the repor...
by adamthesmythe
Sun May 19, 2019 4:55 pm
Forum: Personal Consumer Issues
Topic: Replace possible failing tv or not (solved)
Replies: 33
Views: 2240

Re: Replace possible failing tv or not

You will find (if you go to the bigbox store) that HDR (which comes with many 4K TVs) is a real upgrade and makes it worth moving to 4K even if there is not much source material. And if you go...a major cost will be upgrading the cabinet to fit your new, much larger than 42" TV. Because...bigger rea...
by adamthesmythe
Sun May 19, 2019 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need "own" occupation disability insurance (professor)?
Replies: 8
Views: 754

Re: Do I need "own" occupation disability insurance (professor)?

It's very hard to remove a tenured professor provided (1) you meet your classes (2) submit grades on time and (3) keep your hands off the students. I never had more than the upgraded disability benefit provided by the university, and never worried about it. By the way, I could argue that mental hand...
by adamthesmythe
Sun May 19, 2019 4:09 pm
Forum: Investing - Theory, News & General
Topic: Quadratic Interest Rate Volatility & Inflation Hedge ETF
Replies: 6
Views: 481

Re: Quadratic Interest Rate Volatility & Inflation Hedge ETF

I will only invest in ETFs from Exponential Capital. Quadratic is just not good enough.
by adamthesmythe
Sat May 18, 2019 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance
Replies: 28
Views: 1947

Re: Long Term Care Insurance

When making the choice, ask yourself what risk you are trying to insure. I am married. For me personally, the risk I would need insurance for would be one spouse requiring a very long time in care. By a long time I mean substantially more than 3 years, maybe above 10 years. In such a case I would w...
by adamthesmythe
Sat May 18, 2019 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: At what NW do I have disposable income?
Replies: 85
Views: 5872

Re: At what NW do I have disposable income?

1. OP neglects Social Security. For many of us this alone puts us well above the poverty level. 2. I agree with some above- max out tax deferred, or save some percentage of income, just do it steadily. Making projections far into the future is so uncertain it is not worthwhile spending a lot of time...
by adamthesmythe
Sat May 18, 2019 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance
Replies: 28
Views: 1947

Re: Long Term Care Insurance

When making the choice, ask yourself what risk you are trying to insure. I am married. For me personally, the risk I would need insurance for would be one spouse requiring a very long time in care. By a long time I mean substantially more than 3 years, maybe above 10 years. In such a case I would wa...
by adamthesmythe
Fri May 17, 2019 2:23 pm
Forum: Personal Consumer Issues
Topic: Why do plumbers get paid so well?
Replies: 84
Views: 6141

Re: Why do plumbers get paid so well?

Because it can be dirty, disgusting work?

Also...there's often a certain urgency to plumbing work that isn't associated with electrical work.

Next time you have somebody in to replace the main trap...maybe shadow them for a day...think about whether this would be an attractive career move.
by adamthesmythe
Fri May 17, 2019 10:44 am
Forum: Personal Consumer Issues
Topic: Looking to Purchase First Home - How to Consider Aging Roof?
Replies: 17
Views: 960

Re: Looking to Purchase First Home - How to Consider Aging Roof?

A 28 year old roof should be near the end of its life for an asphalt roof. I would factor in the cost of a new roof in my offer. Yeah, OP can do that. But there is no guarantee that the seller will factor it into his response. As others have suggested, it is market conditions and comparables in the...
by adamthesmythe
Fri May 17, 2019 10:36 am
Forum: Personal Consumer Issues
Topic: Guidance on choosing between UMich and Brown
Replies: 102
Views: 5388

Re: Guidance on choosing between UMich and Brown

While this is in regard to graduate schools, based on peer assessments USNews actually has Michigan ranked much higher than Brown for Computer Science: Grad school and undergrad are completely different. For undergrad, I look at the overall school reputation. For grad school, I look at the individu...
by adamthesmythe
Fri May 17, 2019 10:34 am
Forum: Personal Consumer Issues
Topic: Guidance on choosing between UMich and Brown
Replies: 102
Views: 5388

Re: Guidance on choosing between UMich and Brown

The student experience will be very very different at these two schools. That is not a negligible factor.

CS/ economics major sounds like heading east after graduation where the Ivy trademark would be more valued.
by adamthesmythe
Thu May 16, 2019 4:23 pm
Forum: Personal Consumer Issues
Topic: Honda CRV or Toyota RAV4 ?
Replies: 79
Views: 6194

Re: Honda CRV or Toyota RAV4 ?

ssquared87 wrote:
Thu May 16, 2019 4:03 pm
California88 wrote:
Thu May 16, 2019 3:39 pm
RAV4's don't have CVT transmissions - or turbo engines.
Nor do they have anything about them designed or engineered within the last 25 years.
And that would be a good thing or a bad thing?
by adamthesmythe
Thu May 16, 2019 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage in Retirement
Replies: 73
Views: 5503

Re: Mortgage in Retirement

Thanks for the replies. I appreciate the comments regarding sequence of returns risk. This is one of my main concerns as I enter retirement. I’m currently in process of changing asset allocation from 60/40 to 40/60 to partially address. I guess any reduced ability to accommodate a negative series o...
by adamthesmythe
Thu May 16, 2019 10:19 am
Forum: Personal Consumer Issues
Topic: Impossible Burger At Home
Replies: 35
Views: 2775

Re: Impossible Burger At Home

Jack FFR1846 wrote:
Thu May 16, 2019 8:38 am
Not meat? What is it.....Soylent Green?
Soylent is something else http://www.soylent.com

...and it's no longer made from people.
by adamthesmythe
Thu May 16, 2019 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Property Tax vs. Income Tax vs. Sales Tax in Retirement
Replies: 27
Views: 2071

Re: Property Tax vs. Income Tax vs. Sales Tax in Retirement

A better approach is to pick a location (or locationS) and look at the numbers to see if you can comfortably afford to live there.

There will always be taxes, and some of them you may not know to look for.
by adamthesmythe
Wed May 15, 2019 6:00 pm
Forum: Personal Consumer Issues
Topic: [Another] How much to spend on a car/what to get thread
Replies: 27
Views: 1385

Re: [Another] How much to spend on a car/what to get thread

You can afford what you want. Maybe drive a few of the options to find out if the luxury car is enough better.

Last time I drove a new 3 series BMW I decided it wasn't enough better than a Toyota.
by adamthesmythe
Tue May 14, 2019 5:56 pm
Forum: Personal Consumer Issues
Topic: Police and Troopers fund.
Replies: 77
Views: 3118

Re: Police and Troopers fund.

I cannot be sure these are legitimate funds. They are, in fact, as far as I am concerned, among the more suspect "charities." I never donate.
by adamthesmythe
Tue May 14, 2019 10:02 am
Forum: Investing - Theory, News & General
Topic: "Fund groups challenged over securities lending practices"
Replies: 12
Views: 1323

Re: "Fund groups challenged over securities lending practices"

> “We do not understand how asset managers can have costs as a proportion of revenues that vary from one to 10,” Mr Prache said.

Not surprised at all. Maybe they hire the accountants who, when asked what 1 + 2 is, answer, what would you like it to be?
by adamthesmythe
Mon May 13, 2019 10:24 pm
Forum: Personal Consumer Issues
Topic: Home warranty - is it worth the money?
Replies: 23
Views: 1753

Re: Home warranty - is it worth the money?

Buy a warranty if (1) your budget is very tight and you have minimal emergency fund (2) you can be patient and persistent to get things fixed (3) you are sure that the most important items are covered and (4) you are OK with cheap fixes that may need to be redone more than once. The age of the house...
by adamthesmythe
Mon May 13, 2019 1:53 pm
Forum: Personal Consumer Issues
Topic: Regulate Office Temperature
Replies: 31
Views: 2196

Re: Regulate Office Temperature

To cool off a closed room, the heat needs to go somewhere. Either out the window or down the drain (there are water-cooled air conditioning units). In a closed room, a fan doesn't cool at all, actually the mechanical energy eventually gets converted into heat and heats the room. The air movement may...
by adamthesmythe
Sun May 12, 2019 8:11 pm
Forum: Personal Consumer Issues
Topic: Drill well today or drill well later?
Replies: 26
Views: 2121

Re: Drill well today or drill well later?

Decide whether it really is 4-5 years or 15. 15 years is the same as "maybe never."
by adamthesmythe
Sun May 12, 2019 8:07 pm
Forum: Personal Consumer Issues
Topic: European Hiking Tours (where they transfer your luggage to the next spot)
Replies: 8
Views: 860

Re: European Hiking Tours (where they transfer your luggage to the next spot)

I did a tour with Walker/Ryder https://ryderwalker.com quite a few years back. I still get their catalogs and I know enough about the areas to know that the locations are very well chosen. They do offer self-guided options. Not sure where May came from...but May is too early, July and August are bes...
by adamthesmythe
Sun May 12, 2019 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited ranch
Replies: 97
Views: 7809

Re: Inherited ranch

If you cannot reach agreement, any one of the four can force sale of the property through a partition action. That will be time-consuming, costly, and damaging to intra-family relationships.

Balance the cost of this with the problems of a sale with sub-optimal terms.
by adamthesmythe
Sat May 11, 2019 3:00 pm
Forum: Personal Consumer Issues
Topic: Computer issues, fix vs replace
Replies: 33
Views: 1948

Re: Computer issues, fix vs replace

That's a strange problem that I do not recall ever seeing.

As noted by several, if this only occurs when using a browser installing an alternate browser is the first thing to try.
by adamthesmythe
Sat May 11, 2019 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Tax-free reimbursement of moving expenses?
Replies: 4
Views: 314

Re: Tax-free reimbursement of moving expenses?

CoastalWinds wrote:
Sat May 11, 2019 1:20 pm
Darn it! Oh well, thanks for letting me know. I wonder why they got rid of that deduction.
It's tax law. There's no why about it.

In principle tax law can encourage/ discourage certain types of behavior. I doubt that this one was based on some sort of thinking.
by adamthesmythe
Sat May 11, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Tips for trading in diamond ring
Replies: 8
Views: 713

Re: Tips for trading in diamond ring

The diamond is only worth half of retail value or less to a retailer. Have you considered having it used for another piece of jewelry your wife will treasure? You may be better off not reselling it, so you do not incur the psychological discomfort of realizing how small a fraction of the original p...
by adamthesmythe
Sat May 11, 2019 2:46 pm
Forum: Personal Investments
Topic: An Advisor Refusing To Sell Investments
Replies: 65
Views: 7548

Re: An Advisor Refusing To Sell Investments

I know a colleague who is trying to sell investments and transfer the cash into a different firm. He existing advisor is refusing to sell the investments. Does anyone have any suggestions as to what he should do? That is so wrong that I suspect that there is some information that is missing. Yeah, ...
by adamthesmythe
Fri May 10, 2019 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Help me understand defined benefit plans
Replies: 5
Views: 1171

Re: Help me understand defined benefit plans

I am not a doctor (or, at least, not that kind). But. I once had a broker recommend some complicated product. I balked, and he said that just because it's hard to understand doesn't mean it's a bad idea. I thought about it and decided that it WAS a bad idea if I didn't understand it. So- require tha...
by adamthesmythe
Thu May 09, 2019 6:59 pm
Forum: Personal Investments
Topic: Am I living within my means, and opinions on AA
Replies: 11
Views: 2232

Re: Am I living within my means, and opinions on AA

At that age you are doing fine financially. > deep down I know I could have made even better decisions over the years. This is what keeps me up at night. This is a psychological issue, not a financial one. For what it's worth, as one becomes older, in many cases one comes to terms with who one is, a...
by adamthesmythe
Thu May 09, 2019 6:56 pm
Forum: Personal Consumer Issues
Topic: Best practices - Car radio/CD player replacement
Replies: 13
Views: 778

Re: Best practices - Car radio/CD player replacement

I think I would ask somebody local what it is going to cost, and then make up my mind.

I suspect that replacing a car radio might require some contortionist abilities, so I would probably be willing to pay a couple hundred to not do it myself. (And there are some things I do fix myself).
by adamthesmythe
Thu May 09, 2019 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-existing condition + insurance in retirement
Replies: 13
Views: 1344

Re: Pre-existing condition + insurance in retirement

Very difficult to say this far into the future. Right NOW you would have access through the ACA, possibly at high price depending on your income at the time, and right NOW insurance cannot be denied for pre-existing conditions. If you have been paying attention to the news you know that the future o...
by adamthesmythe
Thu May 09, 2019 5:17 pm
Forum: Personal Consumer Issues
Topic: Wooden double hung windows are stuck
Replies: 12
Views: 805

Re: Wooden double hung windows are stuck

Wax will help once you get them moving.

If painted shut try a small (~ 1.5" wide) sheet rock applicator.
by adamthesmythe
Thu May 09, 2019 1:13 pm
Forum: Personal Investments
Topic: Hedge against the decline of the Realtor profession
Replies: 48
Views: 4046

Re: Hedge against the decline of the Realtor profession

Trying to invest in the STOCK of the disruptors (Redfin, Opendoor, etc.) is unlikely to be a winning strategy- because the history of internet disruptors suggests that most, maybe even all, will fail. For investment the best bet is the usual broad-based portfolio. Now as far as personal employment i...
by adamthesmythe
Wed May 08, 2019 7:35 pm
Forum: Personal Consumer Issues
Topic: High Humidity in Sunroom
Replies: 33
Views: 1334

Re: High Humidity in Sunroom

I'm located in the mid south...US. I have a new 500 sq. ft. sunroom with a hot tub. It has a Daikin mini split heat pump . In the winter the heat pump get's the moisture down below 50% overnight after a hot tub session. I have 3 ceiling fans in the room. Would running those make a difference? Any r...
by adamthesmythe
Wed May 08, 2019 2:51 pm
Forum: Personal Consumer Issues
Topic: Good town to stop on I-81
Replies: 41
Views: 2962

Re: Good town to stop on I-81

Antietam is along the way if you are doing the Civil War thing.

Amish country is more or less along the way, good for a lunch and maybe a drive through. Watch for slow-moving traffic.
by adamthesmythe
Tue May 07, 2019 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Walk away from my auto lease?
Replies: 154
Views: 7346

Re: Walk away from my auto lease?

You can walk away from a lease, but that doesn't mean it won't follow you around wherever you go.
by adamthesmythe
Mon May 06, 2019 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: House selling - modern norms
Replies: 36
Views: 5019

Re: House selling - modern norms

Declutter, paint, rake, and negotiate for ~5% commission. I haven't heard ot 7% for ages.

You can pay less commission if you do more work yourself. Know thyself.

My guess is that most buyers will be helped to visualize by having some furniture. Ask your agent for advice.
by adamthesmythe
Mon May 06, 2019 3:52 pm
Forum: Personal Consumer Issues
Topic: Winter Tires All Year?
Replies: 62
Views: 3519

Re: Winter Tires All Year?

MichCPA wrote:
Mon May 06, 2019 3:12 pm
Try all-weather tires. They are a hybrid of snow and all season. Warm weather will destroy winter tires quickly.
My vote. It's what I did when I lived in the Northeast.