Search found 3664 matches

by adamthesmythe
Sat Sep 19, 2020 8:43 pm
Forum: Personal Consumer Issues
Topic: when you say 'rent forever'
Replies: 28
Views: 3765

Re: when you say 'rent forever'

how to deal with those 'uncertainties' like needing to move on short notice do you structure a deal with the landlord? what's the ideal length? 2 years? 5 years? 6 months notice? Thank you. Why would anyone need or want a 5 year lease? There's always vacancies where I live. You could find a new pla...
by adamthesmythe
Sat Sep 19, 2020 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house before a potential corporate restructure - good or bad?
Replies: 16
Views: 853

Re: Buying a house before a potential corporate restructure - good or bad?

1. You need to see enough houses to know what is available and what you can afford. No reason NOT to do some looking now. 2. If it really IS 2-4 weeks- even if you find a house there is usually at least a 2 week and probably 4 week delay before most of the inspections and contingencies are removed. ...
by adamthesmythe
Fri Sep 18, 2020 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Estate considerations with sibling living in home owned by parent
Replies: 26
Views: 1934

Re: Estate considerations with sibling living in home owned by parent

I'm assuming that it would be fine to reduce sibling's disbursement by the amount of equity in the home and transfer the deed to them, but would that work? There would be an appraisal and then that amount would be subtracted out of that siblings share of the estate. In some cases you might decide t...
by adamthesmythe
Fri Sep 18, 2020 10:55 pm
Forum: Personal Consumer Issues
Topic: Pretending to enjoy sports for business/social reasons
Replies: 83
Views: 4588

Re: Pretending to enjoy sports for business/social reasons

Wondering how many men (or women) out there are closet sports-haters but put up a good front at the office :D ? I'm not a sports hater, but when I was working I made sure to keep up with the sports and the teams that interested employees who worked for me or who were coworkers and friends - even wh...
by adamthesmythe
Fri Sep 18, 2020 5:19 pm
Forum: Personal Consumer Issues
Topic: Worth it to Repair Cosmetic and (Minor) Recall Repair Before Car Trade In?
Replies: 9
Views: 587

Re: Worth it to Repair Cosmetic and (Minor) Recall Repair Before Car Trade In?

If you are trading it in for the same make of car, the cost for the dealership to do the recall service will be negligible. (They might even make money on it). I would look up the kbb value as a trade-in at the present condition. If the dealership tries to talk down the price then come back and say ...
by adamthesmythe
Fri Sep 18, 2020 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Estate considerations with sibling living in home owned by parent
Replies: 26
Views: 1934

Re: Estate considerations with sibling living in home owned by parent

Simplest is to direct that the house be sold and then assets divided. The non-resident sibling could offer the resident the house at a chosen value as an alternative to sale. (Although this is potentially problematic). In most cases the mortgage payments between death and settlement would be small c...
by adamthesmythe
Fri Sep 18, 2020 3:38 pm
Forum: Personal Consumer Issues
Topic: Cost of Goods in House?
Replies: 17
Views: 1760

Re: Cost of Goods in House?

Let's suppose all the things you really want to move fit into suitcases that you can check at the airport. If so, you not only need to spend the money to replace the items but also the time to replace them. And I'm a bit surprised by the cost. A few years ago I moved the contents of a significantly ...
by adamthesmythe
Fri Sep 18, 2020 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Doctor disclosure and consent
Replies: 33
Views: 2104

Re: Doctor disclosure and consent

Liquid nitrogen is ridiculously cheap. 78% of the air we're breathing is nitrogen. Even at $10, they'd be making a massive profit. The ballpark estimates I just pulled for 2020 is roughly what I've heard for years... about $2 a gallon. You can do the same thing with a can of compressed air and turn...
by adamthesmythe
Fri Sep 18, 2020 3:28 pm
Forum: Personal Consumer Issues
Topic: Pretending to enjoy sports for business/social reasons
Replies: 83
Views: 4588

Re: Pretending to enjoy sports for business/social reasons

I've never hidden the fact that I find spectator sports pointless. But I was in the academic business where such an opinion wouldn't raise eyebrows.
by adamthesmythe
Thu Sep 17, 2020 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy my house?
Replies: 9
Views: 1206

Re: Should I buy my house?

Are you planning to buy for the present value? If so it would make sense to look at other things for sale to find out if this is really what you want to own (completely).

Why so little in tax-advantaged??
by adamthesmythe
Thu Sep 17, 2020 5:11 pm
Forum: Personal Investments
Topic: How to deal with long distance rental property?
Replies: 13
Views: 730

Re: How to deal with long distance rental property?

If you sell and owe capital gains tax, it's because YOU HAVE A CAPITAL GAIN. Even after taxes you have more money than you had before. You seem to be viewing the gain before taxes as money that you have and now have to give part away. Not so, you never had it. (Unless...you could have sold immediate...
by adamthesmythe
Wed Sep 16, 2020 8:07 pm
Forum: Personal Consumer Issues
Topic: Vastly different quotes for wallpaper removal and painting job
Replies: 31
Views: 1460

Re: Vastly different quotes for wallpaper removal and painting job

My thinking is that interior painting is a job that I do myself. So if you are willing to pay someone a bunch of money to do the job you must be well off enough not to care too much what it costs. The cost of painting is mostly in the preparation. So if I WERE willing to pay for painting, I would wa...
by adamthesmythe
Wed Sep 16, 2020 10:02 am
Forum: Personal Consumer Issues
Topic: when you say 'rent forever'
Replies: 28
Views: 3765

Re: when you say 'rent forever'

Nothing you do will eliminate the risk of needing to move. A large landlord can decide the building is going to go condominium. Small landlords are risky because they might want to sell, move in, or rent to relatives. A long lease eliminates one of the touted advantages of renting: the ability to mo...
by adamthesmythe
Mon Sep 14, 2020 8:19 pm
Forum: Personal Consumer Issues
Topic: Online Resources for Learning Physics (AP Physics / High School)
Replies: 14
Views: 889

Re: Online Resources for Learning Physics (AP Physics / High School)

Are you saying that his school is offering a physics course without a textbook?? I can offer three suggestions, which might match up poorly with Whatever They Do Now. 1 PSSC physics. I used it back in the day and it got me started. 2. One of the standard college freshman physics texts. Like Sears Ze...
by adamthesmythe
Mon Sep 14, 2020 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Buying vs. Renting Principles
Replies: 204
Views: 12159

Re: Buying vs. Renting Principles

While, as I noted above, I don't think that labels (i.e. is a house an investment or not) often matter much in personal finance, I think that this is one of the best posts in the buy vs. rent topic I've seen on this forum. Well done! I have often scratched my head when, at least in other threads, p...
by adamthesmythe
Mon Sep 14, 2020 1:11 pm
Forum: Personal Consumer Issues
Topic: Buying a car?
Replies: 25
Views: 1986

Re: Buying a car?

> I don't drive it much because I'm working from home. This is the thing. If you don't drive much you don't spend much on gas. Even though the Wrangler is a pretty weird vehicle for ordinary driving I can't see a good reason for you to replace it. Given that these things tend to have very good resal...
by adamthesmythe
Mon Sep 14, 2020 1:02 pm
Forum: Personal Investments
Topic: Help Thinking about Home Purchase
Replies: 8
Views: 600

Re: Help Thinking about Home Purchase

Presumably there are continuing HOA-like expenses. These could increase with time although odds are they will not increase as much as rent. Sailaway compared reasonable withdrawals with the amount you will save and it is roughly a wash. Seems to me the decision should be partly a lifestyle choice an...
by adamthesmythe
Mon Sep 14, 2020 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Agents: Advice Wanted
Replies: 12
Views: 1159

Re: Real Estate Agents: Advice Wanted

Sometimes it's best not to look. To be honest, if I saw a few drywall cracks I would just fix them and paint. Now I don't know what you mean by a beam that is severely warped. But I've lived in a couple of old houses, and I can say that old houses always have cracks somewhere and they always show si...
by adamthesmythe
Mon Sep 14, 2020 10:36 am
Forum: Personal Finance (Not Investing)
Topic: how to decide whether to self-insure LTC or buy insurance?
Replies: 10
Views: 871

Re: how to decide whether to self-insure LTC or buy insurance?

A recent thread attempted to develop "principles" for making the choice between renting and buying. It devolved into arguments and counter-arguments about using "investment" and "consumption" in unconventional ways. Maybe we could do the same here? Anyway- my decision was simple enough. I decided I ...
by adamthesmythe
Fri Sep 11, 2020 4:44 pm
Forum: Personal Consumer Issues
Topic: Garden Variety Non-stick Frying Pan: Can I use This on an Outdoor Grill?
Replies: 11
Views: 558

Re: Garden Variety Non-stick Frying Pan: Can I use This on an Outdoor Grill?

Teflon starts to off-gas dangerous fumes when it is too hot (over 500 degrees, per the internet) and I would imagine a cheap knockoff is less tolerante. A grill on full blast can get up to 700 degrees without breaking into the proverbial sweat. Even if you are not going full blast, it seems like an...
by adamthesmythe
Fri Sep 11, 2020 4:42 pm
Forum: Personal Consumer Issues
Topic: Subaru Outback, oil leak?
Replies: 40
Views: 1958

Re: Subaru Outback, oil leak?

I would never take an older car to a dealership over a minor oil leak. I would check the oil more frequently. When it got to the point that I felt I needed to keep a quart of oil in the car I would start looking for a replacement. When you start losing a quart a month you should reflect on the envir...
by adamthesmythe
Thu Sep 10, 2020 2:56 pm
Forum: Personal Consumer Issues
Topic: Finding an air purifier which makes high-frequency sound
Replies: 17
Views: 1027

Re: Finding an air purifier which makes high-frequency sound

Have you considered a CD recording of waves on a beach?
by adamthesmythe
Thu Sep 10, 2020 10:19 am
Forum: Personal Consumer Issues
Topic: Seeing Copenhagen in One Day?
Replies: 13
Views: 810

Re: Seeing Copenhagen in One Day?

In one day you won't see Copenhagen you will see a few things in Copenhagen. The thing is to figure out which things appeal most to you. A walking tour and taking a rest break on a boat tour would be reasonable. I enjoyed the Rundetaarn for historical reasons. Didn't get to Christania but would go i...
by adamthesmythe
Wed Sep 09, 2020 1:08 pm
Forum: Personal Consumer Issues
Topic: Please help me, need to buy a computer
Replies: 127
Views: 5884

Re: Please help me, need to buy a computer

1. Unless there is some specific software you need, choose Apple or PC depending on what you are accustomed to. 2. You must go out of your way to buy a computer WITHOUT an operating system installed. 3. (Virtually) any computer you buy will have a considerable amount of software already installed (m...
by adamthesmythe
Wed Sep 09, 2020 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Buying vs. Renting Principles
Replies: 204
Views: 12159

Re: Buying vs. Renting Principles

I don't think the data supports such general principles beyond vague sentiments like "don't buy too much house." It's very much dependent on market, one's career and position in that market, and what the rental market looks like. Whether it turns out well depends a lot on the growth of the local ma...
by adamthesmythe
Wed Sep 09, 2020 11:04 am
Forum: Personal Investments
Topic: TIAA-CREF Lifecycle index funds, Institutional Class
Replies: 13
Views: 884

Re: TIAA-CREF Lifecycle index funds, Institutional Class

Make sure you look under the hood to see what the current and future asset allocations will be on the glide path. Some find that target funds are allocated more aggressively or conservatively than their risk tolerance would indicate. Yes. You might decide that a target date fund with a different da...
by adamthesmythe
Wed Sep 09, 2020 10:16 am
Forum: Personal Consumer Issues
Topic: Repair plasma television or get new TV?
Replies: 71
Views: 4224

Re: Repair plasma television or get new TV?

I could replace components but I wouldn't bother.

Why? The failure might not be obvious. Replacement might cause other damage. It's not an interesting project. The value of a successful repair is small compared to the effort. New TVs are excellent and cheap. Thin is in.
by adamthesmythe
Tue Sep 08, 2020 6:59 pm
Forum: Personal Consumer Issues
Topic: Buying Fine Art - advice needed.....
Replies: 65
Views: 3675

Re: Buying Fine Art - advice needed.....

I used to hang out with art historians although I have not been a buyer of art. You could try to find an art historian who knows the general period. They can offer more informed opinions.Try offering a good dinner and fine wine, art historians usually don't have much money. I don't think you will ev...
by adamthesmythe
Tue Sep 08, 2020 5:13 pm
Forum: Personal Consumer Issues
Topic: Buying Fine Art - advice needed.....
Replies: 65
Views: 3675

Re: Buying Fine Art - advice needed.....

He says that no appraiser will "certify" that it was painted by Dahl (is this true???). An art expert can only say: it is consistent with the style of X, the materials are typical of X, the provenance is good. And there are disputes today about important works of art between different experts. > I ...
by adamthesmythe
Tue Sep 08, 2020 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: House sale quandary - under contract!
Replies: 66
Views: 8565

Re: House sale quandary - got offer from neighbor before agent listed house

Adam's probabilities

70% neighbor never makes a written offer
20% neighbor makes offer but doesn't close
10% neighbor closes on approximately terms suggested.

Waiting for update.
by adamthesmythe
Mon Sep 07, 2020 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: House sale quandary - under contract!
Replies: 66
Views: 8565

Re: House sale quandary - got offer from neighbor before agent listed house

It depends. Is neighbor prepared to deliver a written offer with acceptable contingencies and a check for earnest money in a day or so? Or could he just be blowing smoke? Do you know enough to evaluate an offer quickly? Is it possible that he is flexible on closing because he needs more time to set ...
by adamthesmythe
Mon Sep 07, 2020 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Buying vs. Renting Principles
Replies: 204
Views: 12159

Re: Buying vs. Renting Principles

> home is a consumable I've seen this multiple times, and I don't buy it. Unless "consumable" means something different than what I think. A consumable (like a steak, or an ordinary car) is something that loses value with time and is eventually used up. That is most definitely not the case for hous...
by adamthesmythe
Mon Sep 07, 2020 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Buying vs. Renting Principles
Replies: 204
Views: 12159

Re: Buying vs. Renting Principles

> home is a consumable I've seen this multiple times, and I don't buy it. Unless "consumable" means something different than what I think. A consumable (like a steak, or an ordinary car) is something that loses value with time and is eventually used up. That is most definitely not the case for hous...
by adamthesmythe
Mon Sep 07, 2020 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home - ignore VA and FHA offers?
Replies: 11
Views: 1182

Re: Selling home - ignore VA and FHA offers?

I think it is best not to "tell" parents anything, except perhaps the current time, or maybe the weather outside.
by adamthesmythe
Mon Sep 07, 2020 11:59 am
Forum: Personal Consumer Issues
Topic: National Parks in Winter
Replies: 33
Views: 2583

Re: National Parks in Winter

I suppose I should take some responsibility as I did not specifically recommend a national park. But I do find it interesting that- given OP's interest in getting away from New Hampshire winter weather- that there were several recommendations to go places with...winter weather that is similar or wor...
by adamthesmythe
Mon Sep 07, 2020 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Buying vs. Renting Principles
Replies: 204
Views: 12159

Re: Buying vs. Renting Principles

> home is a consumable I've seen this multiple times, and I don't buy it. Unless "consumable" means something different than what I think. A consumable (like a steak, or an ordinary car) is something that loses value with time and is eventually used up. That is most definitely not the case for house...
by adamthesmythe
Sun Sep 06, 2020 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Buying vs. Renting Principles
Replies: 204
Views: 12159

Re: Buying vs. Renting Principles (Sticky Thread Request)

The ideal outcome at the onset of retirement is to end up with a paid-off house and a comfortable amount of retirement savings. The proposed principles push too strongly in the direction of renting until it's too late. And a final thought- the ability to take on a heavy debt load is greatest when yo...
by adamthesmythe
Sun Sep 06, 2020 6:01 pm
Forum: Personal Consumer Issues
Topic: National Parks in Winter
Replies: 33
Views: 2583

Re: National Parks in Winter

As far as I can tell, OP is not specifically looking to camp. If not camping- a great many places in the southwest will USUALLY have pleasantly warm daytime weather. Hiking, etc. is very comfortable for most easterners (speaking as a former easterner). However- it is not impossible to have snowstorm...
by adamthesmythe
Sun Sep 06, 2020 1:48 pm
Forum: Personal Consumer Issues
Topic: Home Appliance Warranty - any recommendations?
Replies: 20
Views: 1043

Re: Home Appliance Warranty - any recommendations?

NOT buying appliance warranties is the kind of gambling I like. The risk is low and the odds are in my favor.
by adamthesmythe
Sat Sep 05, 2020 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: What should be my strategy regarding Home ownership
Replies: 37
Views: 2902

Re: What should be my strategy regarding Home ownership

One job's worth of salary makes it harder. Consider marrying a person with a decent salary. This may not help with your particular situation. But if you stay in an area without crazy RE prices for several years- and buy a house- odds are when you sell you will realize some gains upon sale, and will ...
by adamthesmythe
Fri Sep 04, 2020 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Options for sheltering assets(monies) college - Is life insurance only option?
Replies: 44
Views: 2441

Re: Options for sheltering assets(monies) college - Is life insurance only option?

gerriconnor1234 wrote: Fri Sep 04, 2020 4:27 pm I am being told that sheltering money in a whole Life insurance is the only/best option.
At minimum you should independently verify that this claim is actually true.
by adamthesmythe
Thu Sep 03, 2020 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need life insurance?
Replies: 20
Views: 807

Re: Do I need life insurance?

You don't need life insurance unless (1) you believe an enduring relationship with girlfriend is likely AND (2) you believe she would be incapable of supporting herself without your income. On the other hand, if you are healthy term insurance at your age is very cheap. Probably can be cheaper than y...
by adamthesmythe
Thu Sep 03, 2020 1:16 pm
Forum: Personal Consumer Issues
Topic: To Join a Gym or Not After 70? Type of Gym? Are Fitness Goals Achievable?
Replies: 70
Views: 4228

Re: To Join a Gym or Not After 70? Type of Gym? Are Fitness Goals Achievable?

Right NOW is a particularly bad time for an older person to join a gym. I belong to one and I won't go until I feel safe.
by adamthesmythe
Wed Sep 02, 2020 9:23 pm
Forum: Personal Consumer Issues
Topic: How much to take down this tree?
Replies: 71
Views: 5273

Re: How much to take down this tree?

Teague wrote: Wed Sep 02, 2020 9:03 pm Why not get a few estimates locally? Should be a lot more relevant than a bunch of guesses by we non-arborists here.
Call ONE guy in and if he will do it in the 300-400 range have him do it right then and there.
by adamthesmythe
Wed Sep 02, 2020 6:50 pm
Forum: Personal Consumer Issues
Topic: Does dishwasher need to be replaced?
Replies: 16
Views: 1157

Re: Does dishwasher need to be replaced?

Smoke also smells. If it were me- I would open it up and look at the circuit board(s), If there was a failure significant to produce smoke it will probably be very obvious. If there is obvious scorching, and it is a better dishwasher, I might take a chance and order a new board if the price was not ...
by adamthesmythe
Wed Sep 02, 2020 6:41 pm
Forum: Personal Consumer Issues
Topic: No more Nikon DSLR at Costco?
Replies: 23
Views: 1711

Re: No more Nikon DSLR at Costco?

I don't know any specific details about what is going on with Costco but the tariffs and supply chain disruptions with the pandemic have been causing some photographic equipment to be in short supply or more expensive. If you buy a camera at some place like Amazon you need to be very careful since ...
by adamthesmythe
Wed Sep 02, 2020 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: College financial advice for undecided rising high school senior
Replies: 71
Views: 3731

Re: College financial advice for undecided rising high school senior

Pretty much all the faculty I knew had high ambitions for their kids and wanted them to go to highly rated institutions if possible. Are you different? Now does it make a difference? It all depends. If you ask what background you need to get to be faculty at universities: more highly rated really ma...
by adamthesmythe
Wed Sep 02, 2020 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Should I do family loan?
Replies: 38
Views: 2846

Re: Should I do family loan?

If you give money for the downpayment, you may need to provide paperwork stating that there is no expectation of repayment. Remember banks will want to see months of checking account statements, and will ask questions about the sudden appearance of money. They don't want the "down payment" to be ano...
by adamthesmythe
Wed Sep 02, 2020 1:08 pm
Forum: Personal Consumer Issues
Topic: Micro cassette voice recordings - how to preserve / save?
Replies: 19
Views: 1397

Re: Micro cassette voice recordings - how to preserve / save?

I used the 3.5mm audio input jack on my old Mac (vintage 2008) to record stereo via an adapter cable that split the two channels to separate RCA-type connectors. Apparently that's no longer an option. Sometime in the 2010s, Apple omitted the analog audio input. Now you need to use an external USB a...
by adamthesmythe
Wed Sep 02, 2020 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Offered a 2nd job (contract) Any pitfalls?
Replies: 33
Views: 1681

Re: Offered a 2nd job (contract) Any pitfalls?

Almost all physicians have multiple jobs with different employers and also have their own practices. Your contract should be clear about your duty hours. Beyond that you are free to do whatever you want. I think we need to recognize that there are jobs very different in character. OP is not a physi...