Search found 251 matches

by Gronnie
Thu Nov 29, 2018 3:42 pm
Forum: Personal Consumer Issues
Topic: Remodeling - tipping?
Replies: 56
Views: 2727

Re: Remodeling - tipping?

I recently had a Radon Mitigation System put in at my house. The contractor sent me a thank you gift for choosing him, not the other way around.
by Gronnie
Wed Nov 07, 2018 6:20 pm
Forum: Personal Consumer Issues
Topic: College graduation gift amount
Replies: 25
Views: 1815

Re: College graduation gift amount

I received a big hug, and that was more than enough for me.
by Gronnie
Sun Nov 04, 2018 10:25 pm
Forum: Personal Consumer Issues
Topic: Changing jobs
Replies: 4
Views: 655

Re: Changing jobs

Most likely if you are covered on the first day of the month, you will be covered for the whole month. You should be able to backdate Cobra if needed (I think up to 90 days?) No, you can't do a full contribution to your HSA. If you only have a HDHP 1/12th of the year you can only contribute that fra...
by Gronnie
Mon Jul 02, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off Debt or Max Out 401k?
Replies: 17
Views: 1646

Re: Pay Off Debt or Max Out 401k?

I would pay off the CC debt before contributing to the 401k above a match. But relying on the ability to do a transfer once the 0% is done is a horrible plan and in my book is playing with fire. This. There is absolutely no guarantee you will be able to make another transfer at favorable terms at t...
by Gronnie
Fri May 11, 2018 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 45417

Re: Lucrative careers?

I started my CS degree around your age.
by Gronnie
Thu Mar 22, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: Working till retirement is not a great plan
Replies: 175
Views: 15765

Re: Working till retirement is not a great plan

I can't imagine spending much more than 1-1.5x income on a house. At 3.5x plus, doesn't that leave pretty much nothing to save for later?
by Gronnie
Mon Mar 19, 2018 11:10 pm
Forum: Personal Consumer Issues
Topic: 9th grade earth science honors or biology honors
Replies: 28
Views: 2231

Re: 9th grade earth science honors or biology honors

If there's even a remote chance you will get a C, the honors class probably isn't for you. Who learns more in life, the straight A student who was never challenged, or the C student that took a more challenging class. As humans we learn more when we fail at something and try again then when we succ...
by Gronnie
Mon Mar 19, 2018 4:26 pm
Forum: Personal Consumer Issues
Topic: 9th grade earth science honors or biology honors
Replies: 28
Views: 2231

Re: 9th grade earth science honors or biology honors

Both my children had taken some form of earth sciences in middle school, and then also took earth sciences in high school. They said it was a waste of their time, nothing new was learned. My senior is also fining out much to his dismay many colleges and scholarship applications are now asking for u...
by Gronnie
Mon Mar 19, 2018 3:56 pm
Forum: Personal Consumer Issues
Topic: 9th grade earth science honors or biology honors
Replies: 28
Views: 2231

Re: 9th grade earth science honors or biology honors

In the grand scheme of things it likely won't make one bit of difference.
by Gronnie
Wed Mar 14, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Credit score dropped 30 points because I paid off my auto loan?
Replies: 49
Views: 10682

Re: Credit score dropped 30 points because I paid off my auto loan?

Ideally you want 3+ cards all with low utilization. Where did you see that claim of 3+ cards? I've never seen a scoring description where number of cards entered into it, so I'm not sure it's a factor at all, let alone a score booster to have 3+ cards. I've never had more than 2 cards ever in my li...
by Gronnie
Fri Feb 16, 2018 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) RMDs while still working?
Replies: 16
Views: 1460

Re: 403(b) RMDs while still working?

Is he able to roll over the old one into the new one?
by Gronnie
Sat Feb 10, 2018 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 10410

Re: Tenants want to break lease early and is pregnant

When my wife and I were tenants we found a house and closed on it about 3 months before our lease was up. We moved out of the apartment and into the house, intending to pay the remaining three months of the lease in full and on time. I'd like to think that we had been excellent tenants the ~3 years ...
by Gronnie
Mon Jan 22, 2018 7:30 pm
Forum: Investing - Theory, News & General
Topic: Backdoor Roth / step-transaction doctrine news: [Congress recognizes process]
Replies: 33
Views: 4092

Re: "Congress put its stamp of approval on [backdoor Roth]" - Forbes

So why don't they just explicitly remove the income restriction?
by Gronnie
Thu Dec 28, 2017 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Got myself an extra $200 today just by being observant
Replies: 25
Views: 5664

Re: Got myself an extra $200 today just by being observant

A lot of stealerships have a "no haggle best price" policy.
by Gronnie
Fri Oct 27, 2017 7:22 pm
Forum: Personal Consumer Issues
Topic: Limit on carrying physical cash during domestic US flights
Replies: 35
Views: 5955

Re: Limit on carrying physical cash during domestic US flights

I've flown with >$50k in my backpack on poker trips to Las Vegas and LA many times. Never been questioned at all.

Can fit $50k split between the cargo pockets of my shorts without it even being noticeable as well, it really doesn't take up that much space.
by Gronnie
Wed Oct 18, 2017 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Credit scores fell this month a lot for no reason
Replies: 40
Views: 3109

Re: Credit scores fell this month a lot for no reason

I'm officially at zero utilization because I charge typically less than $500 a month and have $170k in credit limits across 10 credit. It's been like this more or less for a decade, although occasionally I might have a monthly balance of $2000 that I pay off immediately. To answer other questions, ...
by Gronnie
Wed Oct 18, 2017 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Credit scores fell this month a lot for no reason
Replies: 40
Views: 3109

Re: Credit scores fell this month a lot for no reason

That blog talks about not stopping when your score hits 760, then goes on to say that you will get the best rates always when >760....
by Gronnie
Wed Oct 18, 2017 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Credit scores fell this month a lot for no reason
Replies: 40
Views: 3109

Re: Credit scores fell this month a lot for no reason

A few things:

1. 0% utilization is worse than a small amount of utilization for FICO scoring purposes
2. FICO uses "buckets" to determine scores, it's possible you moved into a different bucket
3. Anything over 760 doesn't matter anyway
by Gronnie
Sat Oct 14, 2017 5:46 pm
Forum: Personal Consumer Issues
Topic: Liability of phone conversations while my client is driving (and I am not in the car)?
Replies: 64
Views: 5401

Re: Liability of phone conversations while my client is driving (and I am not in the car)?

clip Bottom line, for now from this particular case, from two (of three) members of a NJ Appeals Court (the third judge dissented here): "“We conclude that a person sending text messages has a duty not to text someone who is driving if the texter knows, or has special reason to know, the recipient ...
by Gronnie
Sat Sep 16, 2017 9:28 pm
Forum: Investing - Theory, News & General
Topic: 401k's are for sheeple! According to some guy.
Replies: 19
Views: 3075

Re: 401k's are for sheeple! According to some guy.

Grant Cardone wrote: Bottom line is you give up control and when you do that you no longer are in control.
Stunning insight.
by Gronnie
Wed Sep 13, 2017 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Turned down for umbrella insurance
Replies: 57
Views: 7203

Re: Turned down for umbrella insurance

I was able to get a $1 million dollar policy through Cincinatti and that is about 5x my net worth! We then found out my wife's employer has a group policy through Cincinatti that is $3 million for negligibly more money than we were paying, so now we have that -- 15x our current net worth! I would sa...
by Gronnie
Sat Jul 22, 2017 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Is there any reason not to? [4% Checking]
Replies: 36
Views: 4815

Re: Is there any reason not to? [4% Checking]

Making tons of small transactions on utilities and Amazon is basically scamming those companies. They have to pay not only a percent of the total, but also an interchange fee on each transaction. This will cause higher prices for everyone. Yes, they may allow it, but that doesn't make it right. The...
by Gronnie
Fri Jul 21, 2017 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Is there any reason not to? [4% Checking]
Replies: 36
Views: 4815

Re: Is there any reason not to? [4% Checking]

Making tons of small transactions on utilities and Amazon is basically scamming those companies. They have to pay not only a percent of the total, but also an interchange fee on each transaction. This will cause higher prices for everyone. Yes, they may allow it, but that doesn't make it right.
by Gronnie
Fri Jul 21, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Investing, Saving, Debt reduction
Replies: 26
Views: 2880

Re: Advice Needed - Investing, Saving, Debt reduction

Definitely fund yourself first. Your child has lots of options for school... get loans, work, go to a cheaper school, delay school a bit, etc.

You can't get loans for retirement and you likely can't work forever.
by Gronnie
Fri Jul 21, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: 6K credit line too low.
Replies: 22
Views: 2826

Re: 6K credit line too low.

You need a minimum of three cards in order to get the best FICO score, so just keep them all. Ask the existing ones you are considering closing if there is a no hard pull credit line increase available. It has also been mentioned above that it is a terrible idea to have all your eggs in one basket,...
by Gronnie
Thu Jul 20, 2017 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: 6K credit line too low.
Replies: 22
Views: 2826

Re: 6K credit line too low.

You need a minimum of three cards in order to get the best FICO score, so just keep them all. Ask the existing ones you are considering closing if there is a no hard pull credit line increase available. It has also been mentioned above that it is a terrible idea to have all your eggs in one basket, ...
by Gronnie
Mon Jul 10, 2017 4:10 pm
Forum: Personal Consumer Issues
Topic: Do not buy new cellphones on ebay
Replies: 54
Views: 8058

Re: Do not buy new cellphones on ebay

Buy one of these if you want a good, cheap, brand new phone:

https://www.motorola.com/us/products/moto-e-gen-4

$129.99 and straight from the manufacturer (unlocked for use on any carrier)
by Gronnie
Thu Jul 06, 2017 3:03 pm
Forum: Personal Consumer Issues
Topic: What is this cable device?
Replies: 53
Views: 4358

Re: What is this cable device?

Does it have an ethernet cable coming out the other end? It sounds like a MOCA adapter. A picture would be helpful.
by Gronnie
Tue Jul 04, 2017 2:12 am
Forum: Personal Consumer Issues
Topic: New compact hatchback or used small SUV?
Replies: 18
Views: 2944

Re: New compact hatchback or used small SUV?

I have a Forte5 and love it. Also ranked highest in initial quality in its class.
by Gronnie
Wed Jun 28, 2017 7:16 pm
Forum: Personal Consumer Issues
Topic: Do you buy phone outright or pay it off monthly...
Replies: 63
Views: 7227

Re: Do you buy phone outright or pay it off monthly...

Verizon screws over the sales rep with 0 commission if the customer buys the phone outright. For this reason I let them do the monthly payments (there is 0 finance charge, mathematically it is actually better anyways).
by Gronnie
Sun Jun 25, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: How much to pay for extra work (furniture delivery)
Replies: 9
Views: 1327

Re: How much to pay for extra work (furniture delivery)

$25 each for what amounts to what, 10 minutes of work? Sounds fine to me if they are willing. I would say anything $10 each or over would be fine.
by Gronnie
Tue Jun 20, 2017 4:43 pm
Forum: Personal Consumer Issues
Topic: Free Cell Phone Plans for a Year @ Sprint
Replies: 29
Views: 4933

Re: Free Cell Phone Plans for a Year @ Sprint

Wouldn't do it even if they paid me to only use Sprint. Sprint service was terrible just about everywhere I went for the brief time I tried it before switching back to Verizon a couple years ago.

I guess maybe if I lived in a metro area with very good Sprint coverage and rarely went anywhere else.
by Gronnie
Mon Jun 19, 2017 2:09 pm
Forum: Personal Consumer Issues
Topic: internet cost saving strategy
Replies: 38
Views: 4839

Re: internet cost saving strategy

$75 after tax is what I also pay to Spectrum for 200Mbs down/20Mbps up. I think that is fair for the level I get and will not be changing as long as that price remains. I work from home often just like OP and need my VPN connection to be very fast to work efficiently (or even at all!). Man, I would...
by Gronnie
Mon Jun 12, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Is it safe to prepay a Navient loan payment?
Replies: 10
Views: 1994

Re: Is it safe to prepay a Navient loan payment?

Make sure you read the instructions for how payments are applied. See link below. https://www.navient.com/loan-customers/how-payments-work/direct-loan-payments/default.aspx They will apply the extra payment as your next months' payment unless you specifically instruct them not too. After interest i...
by Gronnie
Mon Jun 05, 2017 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Ally vs Discover
Replies: 20
Views: 9105

Re: Ally vs Discover

I wouldn't trust email or SMS based 2FA. It must be a rolling code generated by a trusted hardware device or it is essentially useless.
by Gronnie
Sun Jun 04, 2017 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: High Income Earner Humbly Seeks Advice
Replies: 83
Views: 21093

Re: High Income Earner Humbly Seeks Advice

I was told a Roth IRA could be used for any education expenses (even private school), buying their first home or medical emergency. I was then told by them holding the IRA in their name it will affect any scholarships but with my two kids.... not counting on any. :shock: It can, but why would you w...
by Gronnie
Wed May 24, 2017 12:22 am
Forum: Personal Finance (Not Investing)
Topic: Trying to pay off student loans
Replies: 26
Views: 4046

Re: Trying to pay off student loans

If the intent was to pay off one of the loans in full and you provided specific instructions with that payment (which they did not follow) then I would call and get it corrected. Especially if you have two separate monthly payments for each loan Welcome to the shady world of student loans. Always e...
by Gronnie
Thu May 11, 2017 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance cancelled due to nonpayment on record
Replies: 4
Views: 1296

Re: Insurance cancelled due to nonpayment on record

goingup wrote:Sign up for an annual billing and allow them to auto-debit your checking account. Right now you present a bit of risk of payment. :oops:
What exactly is the risk? If he doesn't pay, he isn't covered.
by Gronnie
Thu May 11, 2017 6:48 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's ELP's pay him to not understand investment fees
Replies: 24
Views: 3618

Re: Dave Ramsey's ELP's pay him to not understand investment fees

His get out of debt advice may be suboptimal mathematically, but at least it works -- he should really stick to that.

He gives terrible advice about just about everything else. In addition to the terrible advice about investing, he has no idea how student loan interest and payments work.
by Gronnie
Tue May 02, 2017 10:55 pm
Forum: Personal Consumer Issues
Topic: Microsoft, I want my computer back!
Replies: 175
Views: 20070

Re: Microsoft, I want my computer back!

LibreOffice does an awful job of displaying Power Point presentations.

I had to install Windows VM on my Linux workstation at work just for PPT.
by Gronnie
Tue May 02, 2017 5:30 pm
Forum: Personal Consumer Issues
Topic: Microsoft, I want my computer back!
Replies: 175
Views: 20070

Re: Microsoft, I want my computer back!

I have had problems of some sort on every computer that did an in place upgrade from W7 or W8 to W10. In every case doing a fresh install solved the issues.
by Gronnie
Fri Apr 07, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Citi Costco Visa vs. Chase Sapphire Reserve
Replies: 73
Views: 19616

Re: Citi Costco Visa vs. Chase Sapphire Reserve

When gas stations were a 5x category, I was buying Amazon gift cards to round up to $1,5000. This quarter I will be buying Amazon GC at grocery stores and drug stores after I know how much I will have spent naturally. Victoria I never got into the gift card thing. So the idea is you buy Amazon gift...
by Gronnie
Wed Mar 29, 2017 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Credit score dropped 30 points because I paid off my auto loan?
Replies: 49
Views: 10682

Re: Credit score dropped 30 points because I paid off my auto loan?

It might also have something to do with AAoA.

Just anecdotally speaking, but it seems people with long histories are much less impacted by not having mortgage and non-mortgage installment loans and sticking purely to credit cards.
by Gronnie
Wed Mar 29, 2017 12:15 pm
Forum: Personal Consumer Issues
Topic: Get a 0% loan just to keep credit score high?
Replies: 31
Views: 2481

Re: Get a 0% loan just to keep credit score high?

Your current credit score is well above what is needed to qualify for the best rates if needed, I wouldn't borrow as an attempt to improve your score as it really can't rise by much anyway. If you are planning to buy an item and 0% financing is offered as others have mentioned I would also take the...
by Gronnie
Wed Mar 29, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Credit score dropped 30 points because I paid off my auto loan?
Replies: 49
Views: 10682

Re: Credit score dropped 30 points because I paid off my auto loan?

There are other factors at play here.

Is this your only credit card? What is your utilization across all cards? What is the highest utilization on any one card?

Ideally you want 3+ cards all with low utilization.
by Gronnie
Tue Mar 28, 2017 11:11 pm
Forum: Personal Consumer Issues
Topic: Get a 0% loan just to keep credit score high?
Replies: 31
Views: 2481

Re: Get a 0% loan just to keep credit score high?

Installment loans mean almost nothing for your credit score.
by Gronnie
Tue Mar 28, 2017 11:47 am
Forum: Investing - Theory, News & General
Topic: Illusion of poverty/wealth
Replies: 166
Views: 29801

Re: Illusion of poverty/wealth

The "illusion of poverty" is really prevalent amongst a subset of Bogleheads IMO... An even more extreme case of this than Bogleheads is Mr. Money Mustache mustachians. Not sure I follow. A Mustachian's goal is to retire the moment they hit 25x expenses, which most would see as quite aggressive. No...
by Gronnie
Mon Mar 27, 2017 11:14 am
Forum: Personal Consumer Issues
Topic: Geico insurance rate increase: 26.24% APY?
Replies: 75
Views: 14154

Re: Geico insurance rate increase: 26.24% APY?

Raising rates is par for the course with any and all carriers. It seems that the longer you stay with them without switching, the more they creep them up too (maybe figuring the consumer is loyal, too lazy to shop around, or both)? Personal claims history is only one part of rates as well. Insurance...
by Gronnie
Mon Mar 27, 2017 11:04 am
Forum: Personal Consumer Issues
Topic: Need advice about massive changes in daughter's college program by dean
Replies: 52
Views: 5505

Re: Need advice about massive changes in daughter's college program by dean

Definitely going with #2.

This is a good chance to learn what to do in situations like this in the real world too (find a new job).