Search found 688 matches

by 8foot7
Sun Sep 23, 2018 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Leasing Cars in Retirement
Replies: 87
Views: 6343

Re: Leasing Cars in Retirement

First of all, the dealer determines the residual value of the lease, not the manufacturer. This is not true, the finance company determines the RV (and sets the MF). After all, they are the ones who own the car. I've leased several cars and been through this with several different car brands. The f...
by 8foot7
Sat Sep 22, 2018 12:36 pm
Forum: Personal Consumer Issues
Topic: State Farm nickel-and-diming me
Replies: 61
Views: 5175

Re: State Farm nickel-and-diming me

Reminds me of something. I spent considerable time negotiating on my last car purchase. In the end I saved another $500. The next week a hailstorm caused thousands of dollars of damage to the car. I paid the $500 deductible. So my time was essentially wasted. That’s only true if you assume the hail...
by 8foot7
Sat Sep 22, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: State Farm nickel-and-diming me
Replies: 61
Views: 5175

Re: State Farm nickel-and-diming me

I might mention to the Star Farm adjuster that you’re starting to get a headache and you’re not sure if it’s from dealing with them or maybe it was caused by the accident and maybe you’re thinking of getting that checked out... Encouraging illegal behavior such as insurance fraud is against forum p...
by 8foot7
Fri Sep 21, 2018 6:53 am
Forum: Personal Consumer Issues
Topic: State Farm nickel-and-diming me
Replies: 61
Views: 5175

Re: State Farm nickel-and-diming me

I might mention to the Star Farm adjuster that you’re starting to get a headache and you’re not sure if it’s from dealing with them or maybe it was caused by the accident and maybe you’re thinking of getting that checked out...
by 8foot7
Thu Sep 20, 2018 6:10 am
Forum: Personal Consumer Issues
Topic: HOA Donation in Remembrance of Deceased Owner
Replies: 40
Views: 2872

Re: HOA Donation in Remembrance of Deceased Owner

It would seem to me the way to satisfy this would be for the HOA to buy flowers to plant in the common area in memory of the member.
by 8foot7
Mon Sep 17, 2018 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Need help in solving Tenant landlord issue
Replies: 26
Views: 2313

Re: Need help in solving Tenant landlord issue

I’ve experienced inside paint as an issue twice as a tenant and both times the landlord took care of it. It’s reasonable to expect that after two separate tenancies the landlord should cover repainting the interior as basic wear and tear. Like I said, your quickest exit here is to kiss what you’ve p...
by 8foot7
Mon Sep 17, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Need help in solving Tenant landlord issue
Replies: 26
Views: 2313

Re: Need help in solving Tenant landlord issue

A few thoughts: 1. How many apartments does your landlord own? Often there are provisions for triple the damages for people who own many units. This could make litigation worthwhile. 2. Document everything. 3. Small-claims court might make some sense here -- you can draft everything up yourself and...
by 8foot7
Sun Sep 16, 2018 7:19 pm
Forum: Personal Consumer Issues
Topic: Virtual credit card for travel reservations: advice needed
Replies: 7
Views: 316

Re: Virtual credit card for travel reservations: advice needed

Several times I've had airline tickets paid by a corporate credit card, then used a different personal credit card as ID to get my tickets at the carry-on only check-in kiosk without any issues. They usually don't even require a credit card at the airport, they just want some form of ID, drivers li...
by 8foot7
Fri Aug 10, 2018 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Response from boss re: market analysis
Replies: 71
Views: 7689

Re: Rude response from boss re: market adjustment

I took a couple hours of my own time yesterday to compose a professional request for an evaluation at my company for a market adjustment for my department. Background info is this is my part time job, full time job has had 3 market adjustments in the past 6 years while this job has offered 0. Gener...
by 8foot7
Wed Aug 08, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: less suspicious activity- check or ACH transfer
Replies: 10
Views: 1096

Re: less suspicious activity- check or ACH transfer

Even the appearance of structuring has sometimes been treated as structuring. Just send the money where it needs to go and don't try to avoid anything.
by 8foot7
Mon Aug 06, 2018 10:50 am
Forum: Personal Consumer Issues
Topic: 48" Range - Recommendations
Replies: 7
Views: 442

Re: 48" Range - Recommendations

had a 48" Bluestar with 6 burners and the grill. loved it. We moved, so it stayed with house, but want to put in new home
by 8foot7
Mon Aug 06, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: I pay $6K in rent. Am I an idiot for not buying?
Replies: 76
Views: 14378

Re: I pay $6K in rent. Am I an idiot for not buying?

What percentage of your income is going to housing? It may not be a good idea to spend that much -- regardless of whether it is rent or mortgage -- if it is interfering with your ability to save or otherwise live comfortably. On the other hand, it may not be a problem if you are saving and comforta...
by 8foot7
Sat Aug 04, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Co - signed a Mortage, Now wants out
Replies: 57
Views: 6187

Re: Co - signed a Mortage, Now wants out

It would appear to be based on the terms of the mortgage as well as the flexibility of the lender.

https://pocketsense.com/happens-cosigne ... 27939.html
by 8foot7
Sat Aug 04, 2018 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Few weeks into new job recieved significantly better offer elsewhere
Replies: 103
Views: 10221

Re: Few weeks into new job recieved significantly better offer elsewhere

How long has it been since you signed? If only a couple of days just tell them you changed your mind.
by 8foot7
Sat Aug 04, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Bag with bank information goes missing (from bank)
Replies: 20
Views: 1500

Re: Bag with bank information goes missing (from bank)

Tell these folks to freeze their credit and don’t worry too much about anything else.
by 8foot7
Sat Aug 04, 2018 1:32 pm
Forum: Personal Consumer Issues
Topic: Realtor Compensation (Couldn't sell, so renting)
Replies: 21
Views: 2359

Re: Realtor Compensation (Couldn't sell, so renting)

I guess my feeling would be I engaged the realtor to find a buyer. They didn’t do that so I’m not sure why I should pay them anything? By the comments here, OP is "anchored" to the price he paid, whether or not the house is worth that in the current market. That's not the realtor's fault. IMO Realt...
by 8foot7
Sat Aug 04, 2018 1:23 pm
Forum: Personal Consumer Issues
Topic: Realtor Compensation (Couldn't sell, so renting)
Replies: 21
Views: 2359

Re: Realtor Compensation (Couldn't sell, so renting)

I guess my feeling would be I engaged the realtor to find a buyer. They didn’t do that so I’m not sure why I should pay them anything?
by 8foot7
Sat Aug 04, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Co - signed a Mortage, Now wants out
Replies: 57
Views: 6187

Re: Co - signed a Mortage, Now wants out

deltaneutral83 wrote:
Fri Aug 03, 2018 9:35 am


Several posters have...even used condescending verbiage to discuss lenders' underwriting.
Having just gotten a mortgage (820 credit, 60% LTV, 17% Backend with no consumer debt) I can confirm there is plenty to condescend about the current state of mortgage underwriting.
by 8foot7
Sat Aug 04, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Few weeks into new job recieved significantly better offer elsewhere
Replies: 103
Views: 10221

Re: Few weeks into new job recieved significantly better offer elsewhere

I would not leave a firm job for a temp. Promises evaporate and they owe you nothing. Plus you will decidedly piss off e regime you currently work with. If the job were firm directly with the company and not a six month temp through another firm it might be different. As it stands I think your leavi...
by 8foot7
Thu Aug 02, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Co - signed a Mortage, Now wants out
Replies: 57
Views: 6187

Re: Co - signed a Mortage, Now wants out

You have no direct path forward. You'll have to get creative. If I were you I'd try to convince sis that I'd pay the out of pocket costs for a refi. It'd be worth it to me to get out of that obligation.
by 8foot7
Thu Aug 02, 2018 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Which offer to accept on vacant land?
Replies: 17
Views: 1919

Re: Which offer to accept on vacant land?

I'd have a hard time getting back in bed with people that screwed me over unless they were willing to put a substantial amount of non-refundable money down to show their commitment. Viewing this through that prism, option 2 seems wise. You can always make a deal with your sister to gift to whatever ...
by 8foot7
Thu Aug 02, 2018 7:29 am
Forum: Personal Consumer Issues
Topic: Time to sell my 2003 Accord?
Replies: 33
Views: 2183

Re: Time to sell my 2003 Accord?

Sounds like a car that has served you well. I'd keep it and let it continue to serve you.
by 8foot7
Mon Jul 30, 2018 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Ownership of home with second wife
Replies: 184
Views: 12577

Re: Joint Ownership of home with second wife

There are lots of ways for couples to operate financially but personally I can’t imagine not being a 50/50 partner in buying a house, and that’s directed at your fiancé, not you sir. Why can’t you own the house 50/50 and pay for it on an ongoing basis 50/50 with a carve out in your prenup that she p...
by 8foot7
Mon Jul 30, 2018 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 126
Views: 14664

Re: Net worth of $3.7M at age 47 - can we retire?

Pretty simple. Yes, you can retire, but you can’t live as you are now.
by 8foot7
Sun Jul 29, 2018 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 157
Views: 13700

Re: Should I Dump a Pile of Money on Young Son?

This reminds me of another thread where someone had multiple millions but were setting it up so that their children could only access their inheritance after the children themselves had become financially independent. “You can only have this money after you don’t need any more money!” I just don’t s...
by 8foot7
Sat Jul 28, 2018 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Ex-Spouse and Will Executor Hasn't Paid Bequest
Replies: 33
Views: 4292

Re: Ex-Spouse and Will Executor Hasn't Paid Bequest

Also, for those who said $10,000 isn't worth going after, might I ask what your personal cutoff is where you would feel it is worth pursuing (and not 1 penny less)? Probably $10,000 net. Bu I suspect in this case OP would spend 5k to *possibly* get $10k and given the nature of who she is dealing wi...
by 8foot7
Thu Jul 26, 2018 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: [S-Corps] Accountant advice on handling profit
Replies: 22
Views: 1410

Re: [S-Corps] Accountant advice on handling profit

My business partner and I run an S-Corp. We are 50/50 partners. Recently talked with our accountant about having an "Operating Reserve fund".. this will essentially be a business savings account where we store excess cash that can serve as emergency fund / innovation fund as we need more cash to gr...
by 8foot7
Thu Jul 26, 2018 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: [S-Corps] Accountant advice on handling profit
Replies: 22
Views: 1410

Re: [S-Corps] Accountant advice on handling profit

Well you owe taxes on it even if you leave it in the business so I’d say it’s sound advice. If you leave it in the business make sure you account for the fact it’s now post-tax money so you don’t pay taxes on it twice.
by 8foot7
Thu Jul 26, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Verifying that IRS has processed my estimated tax?
Replies: 27
Views: 9719

Re: Verifying that IRS has processed my estimated tax?

I agree that there are distinctions between cashing the check and crediting the account but honestly, live your life :sharebeer
If you pay, then if an issue comes up, it'll get straightened out.
by 8foot7
Thu Jul 26, 2018 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Inheritance and order of deaths
Replies: 49
Views: 3047

Re: Inheritance and order of deaths

Trying to make everything square to the penny with everybody is impossible and probably not fair (or I guess the preferred term is "equitable") anyway. My paternal grandmother had a decent kitty, not huge, but some. My cousin (father's brother's daughter) got several "advances on her inheritance" th...
by 8foot7
Thu Jul 26, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Ex-Spouse and Will Executor Hasn't Paid Bequest
Replies: 33
Views: 4292

Re: Ex-Spouse and Will Executor Hasn't Paid Bequest

My suspicion is that seven years most likely puts whatever problematic action your ex-husband did or did not take well past your state's statute of limitations. It might be worth a couple hundred bucks with an estate attorney to understand the picture here as it relates to your state, but I suspect ...
by 8foot7
Wed Jul 25, 2018 1:35 pm
Forum: Personal Consumer Issues
Topic: Dealing with HOA Notice
Replies: 118
Views: 9802

Re: Dealing with HOA Notice

Except the $500 charge does not increase the cost of maintenance and use of the satellite. It doesn't change it at all. Now if re-routing the cable initially had cost an additional $500, then someone could have tried that argument at the time of the installation. However, I'm willing to bet that it...
by 8foot7
Tue Jul 24, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Turned down for credit card
Replies: 35
Views: 2881

Re: Turned down for credit card

Move the 30k to a local credit union and get a card there.
by 8foot7
Tue Jul 24, 2018 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Turned down for credit card
Replies: 35
Views: 2881

Re: Turned down for credit card

OP should suggest to the son that he not apply for cards unless he's sure he'll get them, as each rejected application is (slightly) dinging his credit. This is not quite right. Each application generally results in an inquiry, and each inquiry will generally reduce a score by a small margin, but t...
by 8foot7
Mon Jul 23, 2018 11:50 am
Forum: Personal Consumer Issues
Topic: Dealing with HOA Notice
Replies: 118
Views: 9802

Re: Dealing with HOA Notice

Definitely do not ignore the notice. At the same time, though, there is no need to be a pushover. After thinking some more about this, here's what I'd do 1) Politely write a response saying that you want a face-to-face meeting with the board. This should be granted to you. 2) Prepare a written brief...
by 8foot7
Mon Jul 23, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: Dealing with HOA Notice
Replies: 118
Views: 9802

Re: Dealing with HOA Notice

Statute of Limitations – The statute of limitations for a violation of a restriction is five (5) years from the time the association “discovered or, through the exercise of reasonable diligence, should have discovered the violation.” (Code. Civ. Pro § 336(b).) The term “restriction” in this respect ...
by 8foot7
Mon Jul 09, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Dealing with recruiters
Replies: 20
Views: 2129

Re: Dealing with recruiters

A good external recruiter will immediately offer this —more so to
not waste their own time rather than yours. This does not apply to internal recruiters, meaning those employed in the HR department of the company with the vacancy.
by 8foot7
Sun Jul 08, 2018 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Home Rental application questions
Replies: 12
Views: 1560

Re: Home Rental application questions

Unless you are self-employed, I would not provide tax returns. Two most recent pay stubs plus a phone call to verify employment is all that is necessary to confirm one has a job at a particular level of income.
by 8foot7
Fri Jun 29, 2018 9:58 pm
Forum: Personal Consumer Issues
Topic: Rental Car Damage / Delayed Contact. Opinions?
Replies: 13
Views: 1232

Re: Rental Car Damage / Delayed Contact. Opinions?

I’m always amazed at the willingness of people to do what random letters ask of them.

Why in the world would you fill out the form?
by 8foot7
Tue Jun 26, 2018 12:03 pm
Forum: Personal Consumer Issues
Topic: Family dynamics/in laws/am I being petty?
Replies: 143
Views: 7597

Re: Family dynamics/in laws/am I being petty?

This isn’t hard and yes you are right to feel the way you do. Next time ask waiter for three checks and be clear about it before you order (it’s easy to ring separate checks before; staff hate trying to divvy things up afterward). Your family, in laws, and in law family. This time, you pay your chec...
by 8foot7
Sun Jun 17, 2018 12:17 pm
Forum: Personal Consumer Issues
Topic: Standard buyer's remorse or poorly timed enlightenment?
Replies: 40
Views: 3847

Re: Standard buyer's remorse or poorly timed enlightenment?

Is your spouse on board with the purchase or does your spouse feel the same way you do? Honestly.
by 8foot7
Fri Jun 15, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Help with beneficiary language for term policy
Replies: 1
Views: 148

Help with beneficiary language for term policy

We recently put into place a term life insurance policy on my spouse. According to the letter of instruction from our estate planning attorney as a part of our current estate plans, the contingent beneficiary for this policy should be "Trust Under Will of [Spouse's Name]". We specified this. However...
by 8foot7
Fri Jun 15, 2018 2:18 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 17441

Re: Should I take possession of a certified mail?

If the situation is exactly as you described, then I wouldn't accept the letter and let it be returned unclaimed. Just because someone desperately wants to tell me something doesn't mean I have to listen and in this case playing along in a process designed to gin up some legitimacy out of nothing ca...
by 8foot7
Thu Jun 14, 2018 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Timeshare ever worth it? Please share details
Replies: 123
Views: 11382

Re: Timeshare ever worth it? Please share details

Two caution (UK situation): -you might not be able to sell -you might be stuck with annual charge forever (death might not be the end, your heir may be settled with the continual liability) Wow. I would assume in the US an heir could simply disclaim the inheritance of that property. Is that not pos...
by 8foot7
Sun Jun 10, 2018 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Judgement Proof and in your 20's (Massachusetts)
Replies: 11
Views: 1840

Re: Judgement Proof and in your 20's (Massachusetts)

Can’t comment on Mass. But the debt itself never goes away. The statute of limitations in most states refers to the amount of time an entity can legally pursue collection of a debt by suing. Exceeding the statute of limitations is an affirmative defense if one is sued. But creditors may always sue ...
by 8foot7
Sun Jun 10, 2018 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Judgement Proof and in your 20's (Massachusetts)
Replies: 11
Views: 1840

Re: Judgement Proof and in your 20's (Massachusetts)

Can’t comment on Mass. But the debt itself never goes away. The statute of limitations in most states refers to the amount of time an entity can legally pursue collection of a debt. Exceeding the statute of limitations is an affirmative defense if one is sued. But creditors may always sue and the de...
by 8foot7
Sun Jun 10, 2018 1:06 pm
Forum: Personal Consumer Issues
Topic: Upgrade to SSD for 5-year old desktop?
Replies: 64
Views: 4031

Re: Upgrade to SSD for 5-year old desktop?

The SSD will breathe new life into your machine and easily last another five years. Do it. I’d check the “Windows Performance Index” to see if HDD is the bottleneck before concluding above. That said it may provide some boost in startup time but not necessarily a “new” life in everything your compu...