Search found 598 matches

by CedarWaxWing
Sat Oct 06, 2018 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Sold Home - 2 days after buyer claims they found an issue with A/C
Replies: 119
Views: 11719

Re: Sold Home - 2 days after buyer claims they found an issue with A/C

Do not pay for the AC, for all the reasons already mentioned. Meanwhile... talk to your Realtor...after reading your papers in regards to the sale. That person has an attorney and is supposed to be up to date in regards to the laws in your state, and should also have someone the office uses for advi...
by CedarWaxWing
Sun Sep 30, 2018 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: I need a safe place to park $450k (pre-tax) until tax season--NY MMF or Treasury MMF?
Replies: 11
Views: 1421

Re: I need a safe place to park $450k (pre-tax) until tax season--NY MMF or Treasury MMF?

Should I just not be daft and keep it parked in my Ally account? I would not want to exceed 250K in any bank, unless your account is set up for multiples of the FDIC coverage. I am told by my bank last week that 2 primary names on an account increased the FDIC coverage to 500k, and another 250 K fo...
by CedarWaxWing
Fri Sep 28, 2018 2:23 pm
Forum: Investing - Theory, News & General
Topic: Friend got back to me after my advice
Replies: 18
Views: 3843

Re: Friend got back to me after my advice

Seems the FP gave in rather quickly for some unknown reason. Perhaps she didn't have much with him and he didn't feel she was worth his time? Or perhaps there is more to the story than what you are telling? Seems like most FPs wouldn't say "yeah - that Vanguard fund is fine". They would discuss how...
by CedarWaxWing
Fri Sep 28, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: Friend got back to me after my advice
Replies: 18
Views: 3843

Re: Friend got back to me after my advice

Interesting that she didn't know how her money was invested. Does this mean she never discussed this with her advisor? I would never blame the victim. People seek help because they do not feel that they know enough to be independent. This is the exact reason why a salesperson can pretend to be wise...
by CedarWaxWing
Fri Sep 28, 2018 1:12 pm
Forum: Personal Consumer Issues
Topic: cleaning lady stealing
Replies: 49
Views: 7400

Re: cleaning lady stealing

We have a dog sitter when we leave on weekends. I trust her 100% but since I don't ever want her in the position of being suspected- absolutely ALL good jewelry/watches/pistols are locked in a safe until our return. My wife thinks I'm nuts, but it has worked for us. A good practice. Protects you .....
by CedarWaxWing
Tue Sep 25, 2018 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: JP Morgan Structured Investments - What am I missing?
Replies: 20
Views: 1459

Re: JP Morgan Structured Investments - What am I missing?

My simplistic outlook on such a product: If I don't understand the risks, or why it HAS to be structured in that fashion, I avoid it. I do not know much about "structured investments"... but I do know if it is very complicated, as in much more than a rental house, or a mutual fund that I can look up...
by CedarWaxWing
Sun Sep 23, 2018 10:43 pm
Forum: Personal Consumer Issues
Topic: How to get rid of rabbits
Replies: 66
Views: 3694

Re: How to get rid of rabbits

What part of the country....? Where I live, PNW, we simply enjoy them. We have never done anything to discourage them... and their affect on our yard is minuscule. They eat clover around our place, and some of the weeds it seems. I guess not all of us: https://www.usnews.com/news/best-states/oregon...
by CedarWaxWing
Sun Sep 23, 2018 4:47 pm
Forum: Investing - Theory, News & General
Topic: Tail Risk Protection
Replies: 28
Views: 2927

Re: Tail Risk Protection

Hi All, I have a very specific question: Has anybody seen evidence (real track record) that tail risk strategies work? Context: - The most interesting type of strategy involves using part of your portfolio to buy 'insurance' in the form of long out of the money options that would explode in value i...
by CedarWaxWing
Sun Sep 23, 2018 12:44 am
Forum: Personal Consumer Issues
Topic: How to get rid of rabbits
Replies: 66
Views: 3694

Re: How to get rid of rabbits

What part of the country....?

Where I live, PNW, we simply enjoy them. We have never done anything to discourage them... and their affect on our yard is minuscule. They eat clover around our place, and some of the weeds it seems.
by CedarWaxWing
Sat Sep 22, 2018 5:51 pm
Forum: Personal Consumer Issues
Topic: WSJ print edition renwal time - any discounts?
Replies: 68
Views: 4535

Re: WSJ print edition renwal time - any discounts?

misterno wrote:
Thu Sep 13, 2018 9:41 am
WSJ has been free for many years

just change the date at the end

online.wsj.com/public/resources/documents/print/WSJ_-A001-20171104.pdf
So... a new link for every page, and no way to turn pages on that link? Too much trouble for me.
by CedarWaxWing
Wed Sep 19, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 25142

Re: What is your single most expensive mistake?

tim1999 wrote:
Tue Sep 18, 2018 11:00 pm
I don't care to share the details but can say it did NOT involve investing, cars, real estate, a business, sex, drugs, or rock 'n roll.
There's not much left it seems. :)
by CedarWaxWing
Sat Sep 08, 2018 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep my financial advisor
Replies: 130
Views: 7680

Re: Should I keep my financial advisor

Hello all, I'm a long time lurker but first time poster. I'm 33yrs old, married, no kids yet but planning to have one soon. I currently have a fee only financial advisor that manages my investment and other aspects of personal finance. They charge flat retainer fee of 5k per year, soon to go up to ...
by CedarWaxWing
Fri Sep 07, 2018 8:08 pm
Forum: Personal Consumer Issues
Topic: Attic Insulation Over Plywood Floor?
Replies: 10
Views: 1174

Re: Attic Insulation Over Plywood Floor?

Why R 19? Where I am, the PNW, we did it to R 38, which was partially subsidized by the gov... even though the subsidy was pretty skimpy. When it it gets very cold in winter... frost is on my roof, the others around me have a wet roof from the melted frost. I enjoy looking at the one visual manifest...
by CedarWaxWing
Fri Sep 07, 2018 4:44 pm
Forum: Personal Consumer Issues
Topic: Certified Pre-Owned Cars (CPO): Is this normal?
Replies: 30
Views: 2522

Re: Certified Pre-Owned Cars (CPO): Is this normal?

I bought a certified Subaru some years ago. During negotiations, the sales manager told me that I could deduct $1000 from the price if I would take it as non-certified. The Hyundai dealer is slime. Report them to Hyundai USA, to your state's attorney general, to the BBB and give your story, naming ...
by CedarWaxWing
Tue Sep 04, 2018 7:36 pm
Forum: Personal Consumer Issues
Topic: Do You Purchase "Medical Evacuation Insurance" When You Travel?
Replies: 176
Views: 9905

Re: Do You Purchase "Medical Evacuation Insurance" When You Travel?

You only asked about medical evacuation but you both are of Medicare age. Medicare does NOT cover outside the US although I understand there may be some limited coverage under some plans. I always purchase medical coverage for cruise travel. However it is worth noting that medigap plans often cover...
by CedarWaxWing
Tue Sep 04, 2018 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Grandparent UTMA - questions
Replies: 18
Views: 913

Re: Grandparent UTMA - questions

If my kid received any substantial monetary gifts I would like to have control over it for several reasons. 1. So I know what the kids' assets are and know that they are never going to access those funds until they are old enough and mature enough to use them in a responsible fashion. 2. So I know t...
by CedarWaxWing
Tue Sep 04, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: What will you do when you find you have more money than expected?
Replies: 91
Views: 9877

Re: What will you do when you find you have more money than expected?

2

Get in the habit of doing more conversions of Roths to the top of the current income tax bracket.
by CedarWaxWing
Mon Sep 03, 2018 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: I want to pry my friend away from Edward Jones
Replies: 71
Views: 7739

Re: I want to pry my friend away from Edward Jones

My thoughts, probably mostly covered by others. I would never give an unsolicited financial book to anyone except to my child or niece or nephew who was just starting their career. As a gift just out of college it would come across as a thoughtful, though possibly unwanted, gesture, and might get r...
by CedarWaxWing
Sun Sep 02, 2018 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18483

Re: How to Retire in Your 30's with $1 Million in the Bank

Actionable point: Don't just quit. Save like crazy, negotiate a part time position doing the work you like, the amount that you like doing it, and spend more time with the kids/family. That is more likely to be a successful strategy and still give you the benefits of FIRE imho. That is what I did fo...
by CedarWaxWing
Sun Sep 02, 2018 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18483

Re: How to Retire in Your 30's with $1 Million in the Bank

I seldom see much in the way of monetization of the skills or tasks that these early retirees have. They are seldom truly retired, but are instead doing something other than their full time prior occupation on a part time basis. That is a change in occupation, not retiring, which is great but the re...
by CedarWaxWing
Sun Sep 02, 2018 1:57 pm
Forum: Investing - Theory, News & General
Topic: NYT - Caring for Aging Parents, With an Eye on the Broker Handling Their Savings
Replies: 26
Views: 2519

Daughter discovers JP Morgan Churning Parents' retirement account

[Thread merged into here, see below. --admin LadyGeek] As an FYI. It appears that we are still to in the Wild West when it comes to personal investing through Chase and other so called "financial advisors". I would have thought this person should have had a criminal prosecution. NYTimes: In one yea...
by CedarWaxWing
Sun Sep 02, 2018 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Received $1m windfall with additional upside; looking for feedback on plan to hedge against market correction
Replies: 44
Views: 7567

Re: Received $1m windfall with additional upside; looking for feedback on plan to hedge against market correction

Please steer clear of any advisor. They are most likely drooling over your account. In addition to the AUM, they’ll put you in funds that charge fees for buying and/or selling. They’ll churn your account to make it look like active trading but they just want more $$ Talking about JP Morgan Churning...
by CedarWaxWing
Sat Sep 01, 2018 12:46 am
Forum: Investing - Theory, News & General
Topic: Playing with Callan's periodic tables of investment returns
Replies: 81
Views: 6795

Re: Playing with Callan's periodic tables of investment returns

DoTheMath wrote:
Fri Aug 31, 2018 7:05 am
siamond wrote:
Thu Aug 30, 2018 3:53 pm
Once I'm fully set on a couple of formats, if there is enough interest, I'll probably share a spreadsheet with instructions on how to generate such 'Callan' charts by yourself.
Please do.
1+
by CedarWaxWing
Sat Sep 01, 2018 12:36 am
Forum: Personal Consumer Issues
Topic: Daily Driver (Car) Over 100K Miles?
Replies: 96
Views: 7113

Re: Daily Driver (Car) Over 100K Miles?

Prius 2008 with 111 K Subaru 1994 with 109 K Ford Excursion 78 k... and I would be happy to sell that since my kids are gone and we no longer ferry scouts and soccer teams around. (When full it gets about the same people miles per gallon as a full Honda accord.) I would feel very comfortable driving...
by CedarWaxWing
Fri Aug 31, 2018 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: Which advisor?
Replies: 12
Views: 1117

Re: Which advisor?

There is this thread about Vanguard pay-for advice that you should read: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=236085 Unfortunately, I think you are not going to get what you want from any advisor. Sorry. I think of this list as an online investment club substitute. Good advice, good...
by CedarWaxWing
Fri Aug 31, 2018 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: I want to pry my friend away from Edward Jones
Replies: 71
Views: 7739

Re: I want to pry my friend away from Edward Jones

A great deal of good advice already has been offered so I only wish to pass on my experiences in such a venture to help friends. In my experience, going through what you describe with your friend 8-10 times. I have frequently given books away.. and they often are not read. Now I give away a couple o...
by CedarWaxWing
Fri Aug 31, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: Auto Renewals
Replies: 22
Views: 1224

Re: Auto Renewals

It took two years to cancel my home phone service... Century Link refused to accept a written cancellation notice, and when I called in they would shuffle me to off shore lines to people who "didn't understand" and who refused to acknowledge the request to cancel. Then after a 15 minute waste of my ...
by CedarWaxWing
Wed Aug 29, 2018 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Recovering Property Manager Fees as part of insurance claim
Replies: 7
Views: 728

Re: Recovering Property Manager Fees as part of insurance claim

Your prop manager should itemize that is such a way as to facilitate it being recognized as part of the costs of repairs. Seems simple, but your policy has to have itemized what you can be reimbursed for. Ask for a written explanation as to what is and what is not covered from your insurance broker....
by CedarWaxWing
Wed Aug 29, 2018 6:18 pm
Forum: Personal Consumer Issues
Topic: How to repel wild dogs?
Replies: 65
Views: 5441

Re: How to repel wild dogs?

Traipsing? National forests don't usually have dog problems. 1. Know basic dog commands... No, sit, down are enough. When a dog threatens you give a no, then a sit with authority. Many dogs will follow the command. Don’t expect wild dogs to follow English commands. Obviously it depends on where the...
by CedarWaxWing
Wed Aug 29, 2018 5:34 pm
Forum: Personal Consumer Issues
Topic: Bone in my food
Replies: 107
Views: 4243

Re: Bone in my food

There are a great many studies on pathogen growth on refrigerated food, but they are in journals, and not something most people would find interesting or a comprehensive review that is readable for most folks if you are not in a related field. That is why the cdc and fda make recommendation of gener...
by CedarWaxWing
Wed Aug 29, 2018 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: 1998 Roth four-year conversion spread; Taxes paid only first year. How to fix this?
Replies: 6
Views: 562

Re: 1998 Roth four-year conversion spread; Taxes paid only first year. How to fix this?

https://tax.findlaw.com/tax-problems-audits/what-is-the-irs-statute-of-limitations-or-deadline-for-action-on-.html "Generally, the statute of limitations for the IRS to assess taxes on a taxpayer expires three (3) years from the due date of the return or the date on which it was filed, whichever is ...
by CedarWaxWing
Wed Aug 29, 2018 4:05 pm
Forum: Personal Consumer Issues
Topic: Bone in my food
Replies: 107
Views: 4243

Re: Bone in my food

Why are people gasping at eating food that has been in the fridge for 5 days? We usually cook a big batch of food on Sunday night and eat it through Friday. Been doing this for over a decade. To the best of my knowledge, I am still alive. I also don't get people worrying so much about what date I g...
by CedarWaxWing
Wed Aug 29, 2018 3:53 pm
Forum: Personal Consumer Issues
Topic: Bone in my food
Replies: 107
Views: 4243

Re: Bone in my food

You mention you called customer service but don't state what they told you. (??) By the way - I thought the rule was 3 days on left-over cooked meats (personally - for meat from a restaurant I wouldn't go past 1 day). Perhaps if finding the bone stopped you from eating the rest you were lucky it wa...
by CedarWaxWing
Wed Aug 29, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: How do you 7 figure guys organize multiple accounts?
Replies: 164
Views: 11989

Re: How do you 7 figure guys organize multiple accounts?

I do a net worth spreadsheet that is updated once per year. That is easy to do, easy to read, and easy for anyone to understand on the first viewing. Also makes it easy to see annual progress and relative progress with one update. Other than that I keep a spreadsheet on major transactions so I can c...
by CedarWaxWing
Wed Aug 29, 2018 3:05 pm
Forum: Personal Consumer Issues
Topic: How to repel wild dogs?
Replies: 65
Views: 5441

Re: How to repel wild dogs?

Traipsing? National forests don't usually have dog problems. 1. Know basic dog commands... No, sit, down are enough. When a dog threatens you give a no, then a sit with authority. Many dogs will follow the command. Don’t expect wild dogs to follow English commands. Obviously it depends on where the...
by CedarWaxWing
Tue Aug 28, 2018 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: high RMD withdraw from 401k question
Replies: 31
Views: 3364

Re: high RMD withdraw from 401k question

https://www.bogleheads.org/wiki/Retirement_calculators_and_spending has a list of calculators but not sure it really covers everything for your needs. I have used a personal spreadsheet for that kind of planning, and find that simpler than using the calculators that are often referred to on Boglehea...
by CedarWaxWing
Tue Aug 28, 2018 5:14 pm
Forum: Personal Consumer Issues
Topic: Best ultra thin pocket knife?
Replies: 54
Views: 3553

Re: Best ultra thin pocket knife?

https://www.grainger.com/product/45NV71?cm_mmc=PPC:+Google+PLA&s_kwcid=AL!2966!3!50916771957!!!g!71844916039!&ef_id=WvaDHQAAAGyCqWjc:20180828220707:s Cost effective very thin small Gerber pocket knife. Takes an edge quickly, but of course dulls quickly. You won't be bothered if you lose it. https://...
by CedarWaxWing
Tue Aug 28, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: How to repel wild dogs?
Replies: 65
Views: 5441

Re: How to repel wild dogs?

Know basic dog commands... No, sit, down are enough. When a dog threatens you give a no, then a sit with authority. Many dogs will follow the command. Wild dogs typically don't obey commands. And unless you speak the local Chinese dialect, wild dogs in China probably obey them even less. The OP did...
by CedarWaxWing
Tue Aug 28, 2018 3:58 pm
Forum: Personal Consumer Issues
Topic: How to repel wild dogs?
Replies: 65
Views: 5441

Re: How to repel wild dogs?

I have used OC on over 100 humans and over 2 dozen dogs with great success. I was our main chemical spray instructor for 15 years. Get a quality product that sprays 15 feet at least. Dealing with dogs can be tricky. OC will work after commands fail. I was our K9 supervisor for almost 20 years and h...
by CedarWaxWing
Tue Aug 28, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 207
Views: 12371

Re: Excessive Emergency Room Charges - Options?

Have you confirmed that the insurance company is paying as an emergency? I have been billed above the co pay for using an out of network ER. All I had to do was justify that it was an emergency. The insurance company picked up the additional charges. Interesting experience ! The medical records sho...
by CedarWaxWing
Tue Aug 28, 2018 3:43 am
Forum: Personal Consumer Issues
Topic: How to repel wild dogs?
Replies: 65
Views: 5441

Re: How to repel wild dogs?

Traipsing? National forests don't usually have dog problems. 1. Know basic dog commands... No, sit, down are enough. When a dog threatens you give a no, then a sit with authority. Many dogs will follow the command. 2. Bear strength pepper spray if you are really afraid of serious injury. 3. Hiking p...
by CedarWaxWing
Mon Aug 27, 2018 5:06 pm
Forum: Personal Consumer Issues
Topic: Real Estate sale question. Reasonable offer expiration time period?
Replies: 15
Views: 662

Re: Real Estate sale question. Reasonable offer expiration time period?

Very possible... I would have hoped the realtor would have said so when I asked "why".

As the realtor is supposed to represent me ... she could have suggested something longer, and let the buyer's REA decide. Just saying. :)

Thanks to all again.
by CedarWaxWing
Mon Aug 27, 2018 4:52 pm
Forum: Personal Consumer Issues
Topic: Real Estate sale question. Reasonable offer expiration time period?
Replies: 15
Views: 662

Re: Real Estate sale question. Reasonable offer expiration time period?

In my case, I realized that the realtor selling my house did NOT work for me. The realtor works for their company. OPs situation kind of sounded similar. YMMV As for the time expiration, as a buyer you will run into sellers who just don’t seem like they are ready to sell. So a time limit helps the ...
by CedarWaxWing
Mon Aug 27, 2018 4:35 pm
Forum: Personal Consumer Issues
Topic: Real Estate sale question. Reasonable offer expiration time period?
Replies: 15
Views: 662

Re: Real Estate sale question. Reasonable offer expiration time period?

Frequently a buyer will make a short offer period because they don't want someone else to swoop in and make an offer. They want you to have to decide and not turn it into a multiple offer scenario where the price might go up. Most buyers make 24 hour periods because if they don't get your house the...
by CedarWaxWing
Mon Aug 27, 2018 4:13 pm
Forum: Personal Consumer Issues
Topic: Real Estate sale question. Reasonable offer expiration time period?
Replies: 15
Views: 662

Re: Real Estate sale question. Reasonable offer expiration time period?

Having worked with several agents over the years (as buyer and as seller), and sold/bought some on my own (no agent), I cannot imagine this ploy without telling you FIRST. I'm not sure how having a single early offer get this restriction (might it be a friend of agent, and thus reason to pressure y...
by CedarWaxWing
Mon Aug 27, 2018 4:02 pm
Forum: Personal Consumer Issues
Topic: Real Estate sale question. Reasonable offer expiration time period?
Replies: 15
Views: 662

Re: Real Estate sale question. Reasonable offer expiration time period?

An agent should never say there is another offer on the way. They should only ever say if there is another offer and only after they have checked with you first. They are not allowed otherwise to disclose that information. Frequently a buyer will make a short offer period because they don't want so...
by CedarWaxWing
Mon Aug 27, 2018 2:57 pm
Forum: Personal Consumer Issues
Topic: Real Estate sale question. Reasonable offer expiration time period?
Replies: 15
Views: 662

Real Estate sale question. Reasonable offer expiration time period?

Scenario: I am selling a house I lived for 9 years, then rented for 27 years. It was pretty abused by renters and negligent property managers, and now that I am retired I felt it was a good time to sell to reduce risk, harvest increased values, and simplify life. (House is also 30 miles away.) We di...
by CedarWaxWing
Thu Aug 23, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance - again
Replies: 34
Views: 2781

Re: Umbrella insurance - again

$5M from Geico for $580/year. But I'm single with no kids. $5M from Travelers for $560/year. Married and retired. Kids are long gone. A lot of very highly paid people are out on the freeways around here, so I think I'm getting a bargain. JW Numbers like this are more meaningful if it is known if yo...
by CedarWaxWing
Thu Aug 23, 2018 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Edward Jones rep door knocking
Replies: 90
Views: 8802

Re: Edward Jones rep door knocking

In case anyone wasn't aware, this is definitely a sales tactic they encourage because it's all part of the "I am your NEIGHBOR! I will ask about your kids and grandkids and vacations and shoot the breeze with you about your church or sports activities... because I care " type of BS that makes them ...
by CedarWaxWing
Mon Aug 20, 2018 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Rental propery - selling owner financed
Replies: 7
Views: 474

Re: Rental propery - selling owner financed

I would be very skeptical about accepting the deal you describe. There are a great many people looking for low interest rates from sellers and low down payments (highly leveraged) sending out post cards to me in regards to my own rentals. They all want either a below market low price, or a below mar...