Search found 253 matches

by Liberty1100
Wed Oct 28, 2020 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Should I refinance my mortgage?
Replies: 23
Views: 2307

Re: Should I refinance my mortgage?

Do you plan on staying at this house for many more years? 5/10/15 years?

Not knowing anything more than what you said (income, age, family, hopes & dreams), I would think that $1k a month, $12k a year opens up a great amount of possible investing and financial flexibility.
by Liberty1100
Fri May 29, 2020 1:32 pm
Forum: Personal Consumer Issues
Topic: Condensation line in attic / AC air handler
Replies: 18
Views: 1131

Re: Condensation line in attic / AC air handler

The condensate pump sounds like the best idea. It’s a good idea to get that water sensor too.
by Liberty1100
Tue Feb 18, 2020 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth (Pro-Rata?)
Replies: 4
Views: 382

Re: Backdoor Roth (Pro-Rata?)

Okay. So the pro-rata rule only applies to me, and not my wife in this case, right?

(Married filing jointly, if that matters)
by Liberty1100
Tue Feb 18, 2020 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth (Pro-Rata?)
Replies: 4
Views: 382

Backdoor Roth (Pro-Rata?)

I need some help understanding how or if I can execute a backdoor Roth conversion for 2019. I was fortunate to have a great year and have an MAGI greater than the limit for direct Roth IRA contributions. I work full time (earned income >$12k and wife does not). Wife: - Traditional IRA: None - Roth I...
by Liberty1100
Mon Feb 03, 2020 11:03 am
Forum: Personal Consumer Issues
Topic: [Books that changed your life]
Replies: 577
Views: 62609

Re: Books that changed your life

Rich Dad Poor Dad by Robert Kiyosaki . (I actually listened to the book through Audible) Now, it got me in the thinking of saving, investing, and changed my way of thinking. I did read more books from that "product line" of Rich Dad Poor Dad, but I did not pay for a class, lecture, or adv...
by Liberty1100
Fri Dec 20, 2019 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Taking over a Business
Replies: 11
Views: 930

Re: Taking over a Business

1) I would make sure you think about what will happen to new and old business. I would make sure you outline if the subcontractor starts working for another business contact that you made, how does the fee get broken up. She probably doesn't deserve 100% of the $3, but maybe say $1 of the $10. Remem...
by Liberty1100
Mon Nov 04, 2019 9:19 am
Forum: Personal Consumer Issues
Topic: Wedding gift from brother
Replies: 28
Views: 4242

Re: Wedding gift from brother

+1 to money. With my wedding just this past year, We think the most highly of the ones that either gave us a gift from the registry or wrote a check (large or small). Don’t give him and his wife something you think they want. They might already have something in its place, try to live as minimalists...
by Liberty1100
Wed Aug 07, 2019 10:19 am
Forum: Personal Consumer Issues
Topic: which stud finder?
Replies: 52
Views: 3681

Re: which stud finder?

I have been using this Zircon Stud Finder A100 model (similar to Bob's) (Amazon link) as I install bookcases, towel bars, and hang pictures throughout my new house this summer. It is very reliable, easy to use, and detects the edge and centers of studs. Best of luck
by Liberty1100
Fri Aug 02, 2019 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Buying $20k worth of mortgage points.
Replies: 47
Views: 4183

Re: Buying $20k worth of mortgage points.

I'm actually surprised what some people here are saying. I think the much better idea is to follow the original meaning of the gift and put it in the downpayment. You could "put" that 20k in the downpayment and you just put in 20k less. Up to you. The major benefit for adding to your downp...
by Liberty1100
Thu Aug 01, 2019 7:18 am
Forum: Personal Finance (Not Investing)
Topic: How do you decide what car to buy for your kid
Replies: 91
Views: 4901

Re: How do you decide what car to buy for your kid

I highly suggest a car that is safe. Check out the IIHS safety rating. Check out the NHTSA rating. Research and test drive the safety features: Blind spot detection, adaptive cruise control, pre-collision detection braking. Getting into an accident could cause serious harm to him and to others. Pay ...
by Liberty1100
Tue May 21, 2019 9:36 am
Forum: Personal Investments
Topic: Should I rollover my 401k from old megacorp to new megacorp?
Replies: 36
Views: 2366

Re: Should I rollover my 401k from old megacorp to new megacorp?

I would think rolling over the old 401k into a Traditional IRA may be a better move. It would allow you far more investment options and allow you to control the fees easier. Plus, no one from HR can snoop to see how wealthy you may or may not be.
by Liberty1100
Mon Mar 11, 2019 10:52 am
Forum: Personal Consumer Issues
Topic: PC Games
Replies: 32
Views: 3005

Re: PC Games

My recommendations:

Offworld Trading Company (economy)
Cities Skylines (city building)
Victoria II (2) (complex economy and politics)
The Tropico Series (city building with unique goals and events)
by Liberty1100
Mon Jan 21, 2019 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: How far before move-in date should I sign an apartment lease to get the best price (Boston area)
Replies: 7
Views: 891

Re: How far before move-in date should I sign an apartment lease to get the best price (Boston area)

As someone who lives in one of those apartment buildings, I would do it fairly soon. My lease requires us to provide notice of 60 days before our lease expires if we want to sign a new lease. They send out reminders 90 days in advance. So if someone is moving out, they will probably provide notice b...
by Liberty1100
Tue Jan 08, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: Engineer Co-op question
Replies: 14
Views: 1018

Re: Engineer Co-op question

You have a perfectly fine GPA at this point in engineering school. Engineering GPAs are lower than arts & sciences GPAs. I do agree that GPA is fine. I think 3.4, 3.2, and 3.0 seemed to be used as cutoffs for entry-level jobs and leadership programs. However, Don't listen to this. It is REALLY ...
by Liberty1100
Thu Jan 03, 2019 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Recent Engineering College Graduate can’t get job interviews, needs advice
Replies: 149
Views: 14660

Re: Recent Engineering College Graduate can’t get job interviews, needs advice

I had a tough time finding a job right out of college as well. It is a lot harder than what everyone says, especially the Professors. There's always the "oh, you're an engineer! You'll be fine." It is hard to not listen to them for 4 years. I suggest: [*] Polishing up his Linkedin. [*] Cha...
by Liberty1100
Thu Nov 08, 2018 9:46 am
Forum: Personal Consumer Issues
Topic: Best LSAT course?
Replies: 20
Views: 1182

Re: Best LSAT course?

I suggest going with PowerScore. Their instructors have scored in the 99th percentile for the LSAT to be a teacher. For comparison, Kaplan only requires 90th percentile. With the instructors to have received such a high score, they have a solid understanding of the test and can provide the tricks an...
by Liberty1100
Thu Aug 30, 2018 10:34 am
Forum: Personal Consumer Issues
Topic: Are Skilled Nursing Facilities that Accept Medicaid Really That Bad?
Replies: 30
Views: 3959

Re: Are Skilled Nursing Facilities that Accept Medicaid Really That Bad?

Have you considered anything other than the condition of the room? While in a SNF, the patient may be receiving PT or OT therapy sessions. Talk to those therapists to get a good understanding of how they treat their patients depending on what kind of insurance the patient receives. They do treat the...
by Liberty1100
Fri Aug 17, 2018 10:14 am
Forum: Personal Consumer Issues
Topic: Quote from Electrician
Replies: 48
Views: 3734

Re: Quote from Electrician

"Well I put in 3 hours of labor at $115 an hour. Maybe, I was just rattling off numbers. But the labor alone is $345. Permit $85ish. Then material. Since they're required to be on an arc-fault circuit and we have to install a sub-panel, that's where the additional cost comes from. We could do ...
by Liberty1100
Sun Aug 12, 2018 7:53 am
Forum: Personal Consumer Issues
Topic: reliable online public forum
Replies: 24
Views: 2369

Re: reliable online public forum

Reddit.com and it’s variety of subReddits will cover all of those topics.
by Liberty1100
Thu Jul 26, 2018 3:36 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 229
Views: 17971

Re: Toughest Purchase of my Life. Engagement Ring time

Congrats on deciding to get engaged! Big moment. I recommend not buying an engagement ring from an online retailer such as Blue Nile. You aren't buying just a knicknack but something that is to mean something. I recently bought a similar engagement ring from a local jeweler, but with a cathedral set...
by Liberty1100
Mon Jul 23, 2018 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Real estate partnership
Replies: 14
Views: 1208

Re: Real estate partnership

I think Biggerpockets.com is a better forum for this discussion. It is a free forum that covers topics all topics of real estate investing. But since you asked here: They say that you make your money when you buy. If the house is worth only 80k and you paid 80k for it, I wouldn't necessarily think t...
by Liberty1100
Wed Jun 20, 2018 7:33 am
Forum: Personal Investments
Topic: 26yrs old and need startup advice
Replies: 14
Views: 1705

Re: 26yrs old and need startup advice

I think one of your best things you should do is place that $25k in cash into a savings account. Placing it into an account at Ally can get you a rate of 1.65% currently. Otherwise, you are just watching it wither away faster due to inflation and also making it a possible item for theft. With it bei...
by Liberty1100
Mon Jun 11, 2018 11:19 am
Forum: Personal Consumer Issues
Topic: Would you choose text or email for two-factor authentication?
Replies: 50
Views: 3947

Re: Would you choose text or email for two-factor authentication?

I have been selecting text as I have an Apple Watch. It makes it really easy to type in the code without having to switch pages or tabs on the phone or computer.
by Liberty1100
Mon Jun 11, 2018 7:18 am
Forum: Personal Finance (Not Investing)
Topic: Car Lease for parents
Replies: 37
Views: 3285

Re: Car Lease for parents

In thinking about what car to get and if it should be a lease or not, think about how they will be transported once they stop driving. I have heard of stories that the modern SUVs and Trucks are tough for older folks with mobility issues to step up and twist to get in the passenger seats. It might b...
by Liberty1100
Mon Jun 04, 2018 10:35 am
Forum: Personal Consumer Issues
Topic: Roof Leak
Replies: 11
Views: 866

Re: Roof Leak

Fixing a leak if you can is best. Not being in a rush allows you to not just go with the first available roofer. Then, I would start talking to neighbors and friends for recommendations for roofers to replace the roof. A 25 year-old roof is OLD for a roof.
by Liberty1100
Tue May 15, 2018 10:49 am
Forum: Personal Consumer Issues
Topic: Any experience with Blue Apron?
Replies: 34
Views: 3938

Re: Any experience with Blue Apron?

I've used their competitor Hello Fresh. They also offer coupons for the first month or first delivery or something like that. So you might consider trying them after Blue Apron. I liked Hello Fresh. My family had gotten into a bit of a rut, making the same 10 dishes or so over and over again. Hello...
by Liberty1100
Tue May 15, 2018 10:45 am
Forum: US Chapters
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 16716

Re: Yes, I'm 89 all right!

Carefreeap wrote: Tue May 15, 2018 10:42 am Wow! Thanks for taking the time to post.

You are a hero to so many of us by changing the investing model.

Here's to many more birthdays! :sharebeer
I second this! I didn't know you posted here!
by Liberty1100
Thu Apr 05, 2018 2:38 pm
Forum: Personal Consumer Issues
Topic: College freshman shopping—what don’t we need?
Replies: 45
Views: 3665

Re: College freshman shopping—what don’t we need?

I highly recommend bed risers and a couple powerstrips. The risers add just enough space to fit so much more under the bed. Another easily forgotten thing are meds. Dayquil or cold/flu meds and a good amount of headache/nausea meds. It may be often that your child gets a hangover or gets under the w...
by Liberty1100
Tue Apr 03, 2018 1:40 pm
Forum: Personal Consumer Issues
Topic: .
Replies: 14
Views: 1860

Re: HVAC: R22 Freon leak, Replaced by 427A Retrofit

FYI - One option is to buy a canister of R22 from somewhere (like Ebay) to hedge against the almost guaranteed price increase over time. Most will make you either show certification or attest that you will not use/install the R22 yourself - only using a certified installer. My HVAC service guy alwa...
by Liberty1100
Fri Mar 30, 2018 9:16 am
Forum: Personal Consumer Issues
Topic: HOA Sprinkler Burst: $25,000 fix
Replies: 29
Views: 3296

Re: HOA Sprinkler Burst: $25,000 fix

Antifreeze is not mildly toxic to animals. It's deadly. If the system did activate and animals died, I would not want to be one of the people involved in that decision. If the building is pet free....I'm not sure how I would feel about antifreeze in the pipes. Is this a common solution? I don't agr...
by Liberty1100
Thu Mar 29, 2018 1:47 pm
Forum: Personal Investments
Topic: How many are using Automatic contributions?
Replies: 41
Views: 4139

Re: How many are using Automatic contributions?

I have been using automatic contributions for my weekly Roth IRA contributions. Since I get paid weekly, seeing the ~$100 leave my checking account every thursday is barely noticable and yet Vanguard does the math to fulfill my $5,500 limit. I love it.
by Liberty1100
Wed Mar 28, 2018 6:06 am
Forum: Personal Consumer Issues
Topic: Need wireless earbuds recommendations
Replies: 19
Views: 2309

Re: Need wireless earbuds recommendations

The Apple AirPods are pretty darn awesome. I have had them for a year now. I run with them and listen to music controlled by my Apple Watch. They have only fallen out while running when I try to take my shirt off. The audio quality is perfectly fine and the microphone and call usability is just as g...
by Liberty1100
Thu Mar 15, 2018 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: How do restaurants in expensive cities make money?
Replies: 8
Views: 1153

Re: How do restaurants in expensive cities make money?

In high school, I worked at a dunkin donuts in my small town as a summer job. Just that single dunkin would generate $2-3million in sales per year. Now factor in how large the margins are for a cup of coffee and a donut and you will get an great number.
by Liberty1100
Sun Mar 11, 2018 5:01 pm
Forum: Personal Consumer Issues
Topic: Blocking URLs/Sites on home network for kids
Replies: 33
Views: 2301

Re: Blocking URLs/Sites on home network for kids

If your kids have an iPhone or ipad, you can enable parental controls by going to Settings > General > Restrictions, and then enable them by creating a passcode. You are able to block apps like FaceTime and camera, block them from installing apps, as well as select to allow only certain safe websites.
by Liberty1100
Fri Mar 09, 2018 1:28 pm
Forum: Personal Consumer Issues
Topic: Sump Pump Issues - What can I do, if anything?
Replies: 31
Views: 7431

Re: Sump Pump Issues - What can I do, if anything?

Your water table idea could be an interesting factor to this problem. However, before attempting, ensure that the check valve is operating properly. It could very well be dysfunctioning and causing water to go back to the pump and require to be pumped again. I would also make sure the check valve pl...
by Liberty1100
Fri Mar 09, 2018 9:33 am
Forum: Personal Consumer Issues
Topic: Need Help Solving A House Smell Mystery
Replies: 49
Views: 9890

Re: Need Help Solving A House Smell Mystery

Do you know if they used spray foam insulation?

I have heard of improper installations of the spray foam insulation where the insulation was still curing when the drywall was applied. This caused the foam to outgas and cause a hazardous chemical odor.
by Liberty1100
Fri Mar 09, 2018 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Anonymous/Private LLC?
Replies: 2
Views: 502

Re: Anonymous/Private LLC?

One thing that comes to mind is a trust. Perhaps as your lawyer to explain.
by Liberty1100
Tue Mar 06, 2018 9:17 am
Forum: Personal Consumer Issues
Topic: Cruising to Bermuda in May...
Replies: 10
Views: 1044

Re: Cruising to Bermuda in May...

I was in Bermuda last May. It was really nice. I don't recommend taking the bus. They are not frequent so you may have to wait a while for them. Everyone on the cruise tries to take the bus and you will be packed in with everyone all hot and sweaty with suntan lotion as a lubricant. Take a van. They...
by Liberty1100
Sun Feb 25, 2018 5:25 pm
Forum: Personal Consumer Issues
Topic: AC/Furnace Questions- 1 stage or 2 stage?
Replies: 50
Views: 9868

Re: AC/Furnace Questions- 1 stage or 2 stage?

I would like to suggest you get the two-stage 120,000 furnace. With only the first stage running, you should be generating enough heat for the forst floor and it should run long enough to have heat reach the upper level. With a single stage, you are blasting a ton of heat or none at all. For comfort...
by Liberty1100
Sat Feb 17, 2018 11:17 am
Forum: Personal Consumer Issues
Topic: Vacation in May. Boston, Martha's Vineyard, Ogunquit (cancelled Bar Harbor)
Replies: 35
Views: 3534

Re: Vacation in May. Boston, Martha's Vineyard, Bar Harbor

Since you are by Fenway already, do a tour of Fenway. Its cool and not terribly expensive. Also, check out the MFA and the Isabella Steward Gardner Museum. Since your daughter is a student, it is significantly cheaper for her to go too. Both are very close to where your daughter lives. I would make ...
by Liberty1100
Fri Feb 16, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: App for contacts
Replies: 4
Views: 718

Re: App for contacts

I think the easiest way to keep track is through your Notes app on your iphone (Android probably has one too, I am just not familiar with it). I would create a folder within the app and start a note with the last name of the family, "Smith". Then within the note, I would list off the paren...
by Liberty1100
Fri Feb 09, 2018 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 12715

Re: Tenants want to break lease early and is pregnant

The number 1 thing is don't break the law. In most states, security deposits are to only cover physical damages , not lost rent or late payments. It is not your money to pay their rent with, only to cover damages beyond normal wear and tear. For examples, changing a 10 year old carpet shouldn't be p...
by Liberty1100
Thu Feb 08, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Sell or Keep Decision help
Replies: 9
Views: 873

Re: Rental Sell or Keep Decision help

Have you increased the rent over the past 5 years? That could be why it is only a 5% ROI. It is very common to increase the rent every year 2-3%. If they have lived there for 5 years, they might not want to move over less than a $100/month increase. It may be worth a talk to your property manager or...
by Liberty1100
Tue Feb 06, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Financial Hole
Replies: 163
Views: 17555

Re: Financial Hole

I don't want to be the bad guy, but if your pets are cats or dogs, I would suggest giving them up to adoption. They are another financial burden that you can't provide for any long. You have to provide them with food, vet visits, toys, beds, litter, and time too! Best case, maybe you can give it ove...
by Liberty1100
Tue Feb 06, 2018 10:28 am
Forum: Personal Consumer Issues
Topic: Disney Cruise Shore Excursions
Replies: 11
Views: 1227

Re: Disney Cruise Shore Excursions

I don't know about Disney, but on other cruise lines, their private islands are typically very nice. It is easy to walk to the beach and have a nice "free" beach day. There's no need to purchase anything (unless you need a chair). Sometimes they serve lunch by the beach so you don't even n...
by Liberty1100
Tue Feb 06, 2018 9:27 am
Forum: Personal Consumer Issues
Topic: Comcast Modem Rental
Replies: 41
Views: 4364

Re: Comcast Modem Rental

I had purchased a Motorola Arris Surfboard to be used with my Comcast internet service. After switching it out, it worked fine... for a year. Then we started having issues which took two weeks to solve (we are both students that heavily depend on a reliable and fast internet connection due to live o...
by Liberty1100
Thu Feb 01, 2018 2:18 pm
Forum: Personal Investments
Topic: Pay off future DIL's school loans?
Replies: 27
Views: 2105

Re: Pay off future DIL's school loans?

I strongly suggest you wait until they are married. I would also keep your possible intentions away from them as they are not married yet and could cause some stress. Once your son is working, getting a paycheck, they might be able to pay down her loans faster. It would be a bigger accomplishment fo...
by Liberty1100
Wed Jan 31, 2018 3:53 pm
Forum: Personal Consumer Issues
Topic: New or used vehicle for new graduate with job?
Replies: 31
Views: 1945

Re: New or used vehicle for new graduate with job?

From my personal experience, I would wait for a couple of months into his job before buying as he will have a better sense of what he needs versus what he wants. I would see how much of his income he actually pockets without a car payment first. He may not realize how expensive living on his own is....
by Liberty1100
Wed Jan 31, 2018 2:02 pm
Forum: Personal Consumer Issues
Topic: Tips for part time grad school?
Replies: 3
Views: 482

Re: Tips for part time grad school?

I've been doing a part-time engineering Masters for 1-1/2 years now. I'm just about done, thankfully. I have found that getting a PDF or ebook of the text is helpful. I can quickly control+F to find keywords and topics when needed. I try to review notes and watch lectures during the week after work ...
by Liberty1100
Mon Jan 29, 2018 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Looking for an emergency cell phone to keep in car....
Replies: 35
Views: 3434

Re: Looking for an emergency cell phone to keep in car....

I think there are two reasonable things to do: 1) As mentioned earlier, get a new Apple Watch to go with your iPhone. The new model, series 3, can be used to make calls independent of having your phone nearby. If you forget your watch and your iphone, then you would be where you are now. 2) Maybe up...