Search found 1422 matches

by 8foot7
Tue Jun 18, 2019 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Maternity and Paternity leave policies
Replies: 46
Views: 1897

Re: Maternity and Paternity leave policies

As a boss of a company with well under 50 employees, offering someone months of paid leave is a considerable cost that comes right out of my pocket. Someone I'm paying $75,000 will cost me fully burdened with continuous insurance and everything over $8,000 a month, or almost $50,000 for a six-month ...
by 8foot7
Tue Jun 18, 2019 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Any way to get out of daycare 6 week notice?
Replies: 22
Views: 1355

Re: Any way to get out of daycare 6 week notice?

As a parent of two nap-challenged children, I very much commiserate with you. Also important to remember that a renegotiated agreement is not a broken agreement. I’d sit down with the director at the current place and just be frank. We like it here but X hasn’t napped for weeks and it’s detrimental ...
by 8foot7
Mon Jun 17, 2019 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Bank won't give Medallion Signature Guarantee for anything related to savings bonds
Replies: 16
Views: 1337

Re: Bank won't give Medallion Signature Guarantee for anything related to savings bonds

Can’t speak to that although our nearest Wells Fargo refuses to notarize any legal document. I asked what other types of documents generally needed notarizing and there was no answer, just a “that’s now our policy.” I suspect a branch manager is reading a rule too stringently but it was what it was....
by 8foot7
Mon Jun 17, 2019 5:05 pm
Forum: Personal Consumer Issues
Topic: Are you a member of nextdoor.com? Any concerns registering your info?
Replies: 45
Views: 3079

Re: Are you a member of nextdoor.com? Any concerns registering your info?

I found it useful for a while, but our local nextdoor is slowly deteriorating into political complaints about the local zoning board (even though we all live in newish developments approved by that same board) as well as close to a dozen lost dog messages a week, complaints about local drivers, and ...
by 8foot7
Mon Jun 17, 2019 11:21 am
Forum: Personal Consumer Issues
Topic: How to avoid high vet bills?
Replies: 66
Views: 2896

Re: How to avoid high vet bills?

I agree with you that a simple well visit to our vet is easily $175. The latest "thing" is they like to do bloodwork annually to keep on file, but then I did that and then six months later went in for a teeth cleaning for the dog and they wanted to do the bloodwork again "to see if anything's change...
by 8foot7
Mon Jun 17, 2019 6:18 am
Forum: Personal Finance (Not Investing)
Topic: Need advice - refinancing from 30 yr. to 10 yr. fixed mortgage
Replies: 39
Views: 2243

Re: Need advice - refinancing from 30 yr. to 10 yr. fixed mortgage

I would not move off a 3.5% 30 year. Just pay it off as a 10 year and save the 3k. +1. Flexibility is the key. Flexibility is indeed valuable, but it's not of infinite value. In this case, there is a definite expense in retaining a 30 year mortgage and paying it off in a much shorter time frame in ...
by 8foot7
Sun Jun 16, 2019 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice - refinancing from 30 yr. to 10 yr. fixed mortgage
Replies: 39
Views: 2243

Re: Need advice - refinancing from 30 yr. to 10 yr. fixed mortgage

I would not move off a 3.5% 30 year. Just pay it off as a 10 year and save the 3k.
by 8foot7
Sun Jun 16, 2019 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: With hindsight, what signs indicated you were about to lose your job?
Replies: 111
Views: 8825

Re: With hindsight, what signs indicated you were about to lose your job?

The whole “re-interview for your own job” is a farce I refuse to go through. You know me and what I can do. If you ask me to apply for my own job again I’ll decline and go apply elsewhere. It’s just a sign of stupider things to come.
by 8foot7
Sun Jun 16, 2019 2:10 pm
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 134
Views: 21149

Re: Don't pay full price for SiriusXM radio

The $72 for 12 months is as good as it gets; further time spent haggling will produce no better results for a longer term. The $30 for 6 months is a lowest monthly rate they will give you, but at the cost of having to do the dance twice as often as with the 12 month plan, and your time is almost cer...
by 8foot7
Sun Jun 16, 2019 1:53 pm
Forum: Personal Consumer Issues
Topic: Anyone make their own tortillas?
Replies: 24
Views: 1956

Re: Anyone make their own tortillas?

Shallowpockets wrote:
Sun Jun 16, 2019 1:45 pm
I am pretty sure they are no uncooked tortillas in my Costco.
Fixed it for you :)
by 8foot7
Sun Jun 16, 2019 8:14 am
Forum: Personal Consumer Issues
Topic: Anyone make their own tortillas?
Replies: 24
Views: 1956

Re: Anyone make their own tortillas?

LifeIsGood wrote:
Sun Jun 16, 2019 7:04 am
I've never had them but my daughter also raves about the ones Costco sells. In our store they're in the refrigerated section where they sell cheese, etc.
Correct, in with the dips and things typically in front of the meat area / beside the fish area
by 8foot7
Sat Jun 15, 2019 4:15 pm
Forum: Personal Consumer Issues
Topic: Anyone make their own tortillas?
Replies: 24
Views: 1956

Re: Anyone make their own tortillas?

I will say that the uncooked flour tortillas you can buy by the relatively large bag at Costco are very, very surprisingly delicious.
by 8foot7
Sat Jun 15, 2019 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 315
Views: 21574

Re: Selling home- Demanding Buyer (Repairs)

Gardener wrote:
Sat Jun 15, 2019 12:31 pm
Thanks all.

Well we sent notification to terminate the contract.

Although it stinks that we will have to relist, so glad to be done with buyers.

I can only imagine how final walk through would have went.

A lot of lessons learned here.
Congratulations -- right move. :sharebeer
by 8foot7
Sat Jun 15, 2019 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 315
Views: 21574

Re: Selling home- Demanding Buyer (Repairs)

Gardener wrote:
Sat Jun 15, 2019 8:53 am
Yes, I am going to have the septic fixed.

Another question- Septic will probably take place sometime between 1-3 weeks from today.

Should I just take off the market in the mean time until its fixed?

Thanks
I would, yes. Put it back up the day it’s fixed.
by 8foot7
Sat Jun 15, 2019 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 315
Views: 21574

Re: Selling home- Demanding Buyer (Repairs)

Thanks. Of course, I will consult whatever agent I go with. But, is there any issue with me listing property AS IS. And supply buyer with inspection report and a detailed list with receipts of repairs that were made. That way they can get their own inspection if they want, but could save a few hund...
by 8foot7
Sat Jun 15, 2019 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 315
Views: 21574

Re: Selling home- Demanding Buyer (Repairs)

I would also recommend going for 475. Asking for 475 may get you 475 or someone may offer slightly less. If is you list for 455 and the previous buyer swoops in with a all cash offer for listing price with no contingencies and it's a slow weeek you may be required to accept his offer. Unless, of co...
by 8foot7
Fri Jun 14, 2019 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Side hustle: car rentals via turo
Replies: 16
Views: 1738

Re: Side hustle: car rentals via turo

I have (and am) seriously considering purchasing a minivan solely to rent out on Turo. People pay a premium for the space, generally rent them for longer periods than just a couple of days, and I think there is some money to be made here. Need to research more, but OP, I'm right there with you thin...
by 8foot7
Fri Jun 14, 2019 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Side hustle: car rentals via turo
Replies: 16
Views: 1738

Re: Side hustle: car rentals via turo

I have (and am) seriously considering purchasing a minivan solely to rent out on Turo. People pay a premium for the space, generally rent them for longer periods than just a couple of days, and I think there is some money to be made here. Need to research more, but OP, I'm right there with you think...
by 8foot7
Fri Jun 14, 2019 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 736
Views: 78218

Re: Fidelity as a one stop shop

One other question before I go the Fidelity one stop shop. Does Fidelity allow autopay accounts? What I'm talking about is, in this specific case, my Medicare AARP-UHC Medigap insurance. They give a $5 discount with autopay, which allows them to pull their payment from my account monthly. I'm not s...
by 8foot7
Fri Jun 14, 2019 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Currently Viable Refinance Options when 30-YR Mortgage is Currently at 3.875%?
Replies: 19
Views: 1178

Re: Currently Viable Refinance Options when 30-YR Mortgage is Currently at 3.875%?

John Doe 123 wrote:
Fri Jun 14, 2019 11:27 am


I'm sorry you had a rough experience 8 foot 7. Maybe your lender was giving you a hard time because you are a panthers fan.
The burden I bear :sharebeer
by 8foot7
Fri Jun 14, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Currently Viable Refinance Options when 30-YR Mortgage is Currently at 3.875%?
Replies: 19
Views: 1178

Re: Currently Viable Refinance Options when 30-YR Mortgage is Currently at 3.875%?

I can't imagine going through all the crap involved in underwriting a mortgage to save a quarter of a point. That's literally a difference of under a thousand dollars a year in interest in a $383,000 mortgage, or about a nice dinner out every month. Not sure about your experience but I was able to ...
by 8foot7
Fri Jun 14, 2019 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Currently Viable Refinance Options when 30-YR Mortgage is Currently at 3.875%?
Replies: 19
Views: 1178

Re: Currently Viable Refinance Options when 30-YR Mortgage is Currently at 3.875%?

You won't find a no-cost refinance that makes sense for you at 3.875% at this current time, and frankly you may never. The rule of thumb most folks follow is largely that refinancing doesn't make sense unless you're saving a percentage point or better. Obviously circumstances differ, and I'd look ha...
by 8foot7
Fri Jun 14, 2019 10:24 am
Forum: Personal Consumer Issues
Topic: 40+% increase in auto policy (GEICO) - normal?
Replies: 67
Views: 3713

Re: 40+% increase in auto policy (GEICO) - normal?

This was my worry. I am currently with USAA and pay about $1150 every 6 months. GEICO quoted me $607, but I was worried they would just jack up my rates once I switched. That, and a friend of mine who is a PI attorney said GEICO was awful if you ever needed to use them, and USAA was the best you co...
by 8foot7
Fri Jun 14, 2019 6:46 am
Forum: Personal Finance (Not Investing)
Topic: Professional work titles
Replies: 30
Views: 2592

Re: Professional work titles

The banking industry is a real rat race when it come to job titles. After you become a back officer you work your way up the ladder, assistant vice president, vice president, senior vice president, executive bank president, etc. Depending on the bank there can be a lot more steps in the ladder. I h...
by 8foot7
Thu Jun 13, 2019 8:21 pm
Forum: Personal Consumer Issues
Topic: Buy Mini-Van Tomorrow or No?
Replies: 59
Views: 3199

Re: Buy Mini-Van Tomorrow or No?

I vote no
by 8foot7
Thu Jun 13, 2019 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 315
Views: 21574

Re: Selling home- Demanding Buyer (Repairs)

This thread should be locked because we have mostly all told you to walk and relist and yet you continue to do this dance with the buyer. The buyer is telling you what kind of person he is and you’re not listening. “I have no intention of inferior products being used” and “I’ve been warned of low bi...
by 8foot7
Thu Jun 13, 2019 3:37 pm
Forum: Personal Consumer Issues
Topic: Automobile air conditioning strategy
Replies: 21
Views: 2158

Re: Automobile air conditioning strategy

I hit 70 degrees, auto, and let the car handle it. Why would you do anything else?
by 8foot7
Thu Jun 13, 2019 1:06 pm
Forum: Personal Investments
Topic: Purchasing home with less than 20% downpayment experiences?
Replies: 52
Views: 3288

Re: Purchasing home with less than 20% downpayment experiences?

The big things to think about are: (a) in a downturn when you lose your job and need to move to get another job, and your house price has fallen 20%, will you have to write a check to get out of your mortgage? (b) are you paying PMI monthly? I find PMI a complete waste--money paid to someone else to...
by 8foot7
Thu Jun 13, 2019 12:54 pm
Forum: Personal Investments
Topic: Purchasing home with less than 20% downpayment experiences?
Replies: 52
Views: 3288

Re: Purchasing home with less than 20% downpayment experiences?

I put 3% down on my first home ($4,200 on $140,000). Worked out OK because I was still in college and qualified based on my college working income for the home, so as soon as I got a real job I had more than enough income to service the mortgage comfortably. I subsequently refinanced into a 15 year ...
by 8foot7
Thu Jun 13, 2019 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Is it Wise to Remove Escrow if Bank Allows it?
Replies: 87
Views: 5429

Re: Is it Wise to Remove Escrow if Bank Allows it?

We've only had 2 mortgages and in both cases the escrow account was not optional; the banks (different) required it as one of the loan conditions. Is it normal and customary that banks allow the borrower to decide if they wish to have property taxes and insurance escrowed? Truthfully I've been very...
by 8foot7
Thu Jun 13, 2019 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Is it Wise to Remove Escrow if Bank Allows it?
Replies: 87
Views: 5429

Re: Is it Wise to Remove Escrow if Bank Allows it?

Escrow transfers the action of paying the bills to the bank without transferring the accountability of paying the bills. As soon as something gets screwed up (like a sale of your note) and you find yourself paying $6,000 in real estate taxes to your local authority while $6,000 of your own money you...
by 8foot7
Wed Jun 12, 2019 4:46 pm
Forum: Personal Consumer Issues
Topic: 40+% increase in auto policy (GEICO) - normal?
Replies: 67
Views: 3713

Re: 40+% increase in auto policy (GEICO) - normal?

No way I would accept that when it is so easy to switch companies. Takes 10 minutes online. For what it is worth, we have been with farm bureau and our premiums have actually decreased every six months for several periods now. I firmly believe you ought to shop your auto every two years and your hom...
by 8foot7
Wed Jun 12, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 736
Views: 78218

Re: Fidelity as a one stop shop

I wonder, though, if that means they will also post ACH pulled withdrawals early. That would not be good if it causes an overdraft. I've never seen that happen. Kevin I have an ACH withdrawal on the 17th of every month (it pays a furniture line of credit off) and it never comes out of Fidelity brok...
by 8foot7
Wed Jun 12, 2019 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 736
Views: 78218

Re: Fidelity as a one stop shop

My biweekly paycheck is memo posted and available for trading and withdrawal in my Fidelity brokerage account on Thursdays at 7:30 am, a day before our “scheduled” payday on Friday.
by 8foot7
Sun Jun 09, 2019 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: W/O comp and collision, how does reimbursement from a not at fault accident work?
Replies: 20
Views: 1247

Re: W/O comp and collision, how does reimbursement from a not at fault accident work?

Many people think of "my insurance" as an advocate for me. I don't think that is right. My insurance pays under the terms of my policy, and has the right to recover (subrogate). Attorneys are advocate, insurance companies are not. Your insurance company is an advocate for themselves. Sometimes, if ...
by 8foot7
Fri Jun 07, 2019 2:10 pm
Forum: Personal Consumer Issues
Topic: How to pay electrician
Replies: 38
Views: 3455

Re: How to pay electrician

15% variance isn’t unusual. If you’re good with the work, just pay it.
by 8foot7
Fri Jun 07, 2019 7:45 am
Forum: Personal Investments
Topic: $10,200 Gross commission Check... What would you do with it?
Replies: 31
Views: 3247

Re: $10,200 Gross commission Check... What would you do with it?

Pay your student loans off and credit card off. Who cares about $450 net a year when you’re getting checks like these. Put the calculator away and start building wealth.
by 8foot7
Fri Jun 07, 2019 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 315
Views: 21574

Re: Selling home- Demanding Buyer (Repairs)

I believe you are making several poor decisions. 1. Negotiating a price on the septic and leaving decision in hands of buyer when you have no idea the scope and cost of repair. 2. Agreeing to a financing contingency. Four weeks from now I can see your "buyer" will use failing to get financing as an...
by 8foot7
Thu Jun 06, 2019 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 315
Views: 21574

Re: Selling home- Demanding Buyer (Repairs)

I slept on it and my answer is still the same. Just say no. Call the buyer’s bluff. No. Enough is enough. Put the home back in the market and let them come back with a clean offer no contingencies. And fire your realtor; she didn’t bring you a suitable offer so there is no problem, and you can argue...
by 8foot7
Wed Jun 05, 2019 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 315
Views: 21574

Re: Selling home- Demanding Buyer (Repairs)

Time to call the bluff and walk.
by 8foot7
Mon Jun 03, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Invited to vacation house then surprised with expenses—what now?
Replies: 64
Views: 3685

Re: Invited to vacation house then surprised with expenses—what now?

OP, I see from your latest that the cost sharing is supposed to include things you can't even partake in. I would feel absolutely no obligation to family or anyone else to pay for things I cannot use and I would have no problem paying for part of the house rental but subtracting out all of the excur...
by 8foot7
Mon Jun 03, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Invited to vacation house then surprised with expenses—what now?
Replies: 64
Views: 3685

Re: Invited to vacation house then surprised with expenses—what now?

The old rules of a assuming an invitation means the host is paying for the invitee no longer hold up unless you know the "host" well. To be fair OP said his "in-laws" extended the invitation. Not just a friend, but parents. If my parents or my wife's parents invited us somewhere in that style, I wo...
by 8foot7
Mon Jun 03, 2019 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Invited to vacation house then surprised with expenses—what now?
Replies: 64
Views: 3685

Re: Invited to vacation house then surprised with expenses—what now?

Let your spouse handle, agree In my family when we are invited to a place at a specific date and time, then unless it was crystal clear upfront, we are guests. Sure we will pick up a dinner or whatever but if we had no say in the place, budget, date, and time, then we are not expected to pay freight...
by 8foot7
Mon Jun 03, 2019 7:56 am
Forum: Personal Investments
Topic: Would you pay off car loan early?
Replies: 46
Views: 2213

Re: Would you pay off car loan early?

I would pay off any loan with an interest rate above 2% in this environment.
by 8foot7
Mon Jun 03, 2019 7:55 am
Forum: Personal Consumer Issues
Topic: What do business pros wear on redeye Business Class flights
Replies: 50
Views: 6448

Re: What do business pros wear on redeye Business Class flights

Wear what you want. When in the fifth hour of the flight you pass the well-dressed guy on your way to the lavatory who is drooling with his mouth hanging open snoring, you'll know you made the right choice.
by 8foot7
Mon Jun 03, 2019 7:49 am
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 363
Views: 35241

Re: For those who earn $500k+ per year. How'd you do that?

I’m a Physician sub-specialist making 800K. My wife makes 900k as a generalist who owns multiple practices and employs doctors. Masonstone, In March when you were asking about buying a home with parents, you had this to say about your income: "1.3 million/year with potential growth to 1.5 million/y...
by 8foot7
Fri May 31, 2019 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Relationship mortgage discounts for moving a million assets
Replies: 185
Views: 15241

Re: Relationship mortgage discounts for moving a million assets

WOW BofA finally came through after several days with this offer: 2.625% 10/1 ARM, -1/8 point lender credit, conditional on $500k in new money That’s fantastic and I’m still not sure I actually believe it. But assuming it’s legitimate, it sounds like I’ll be working with them. I’d get to keep the M...
by 8foot7
Fri May 31, 2019 11:51 am
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 363
Views: 35241

Re: For those who earn $500k+ per year. How'd you do that?

6:30 am to 8:45 pm. I've seen it and been around it.
by 8foot7
Fri May 31, 2019 5:02 am
Forum: Personal Finance (Not Investing)
Topic: Forgot to mail check to IRS for taxes ($4000) - what now
Replies: 24
Views: 2759

Re: Forgot to mail check to IRS for taxes ($4000) - what now

I’m not in the USA but it seems to me that you are overthinking this - massively. It’s $4,000. I would just pay the tax. If there is some amount owing in penalties, no doubt they’ll follow up. If they do, pay the penalties. If not, no problem. This is a problem that is unlikely to require the colle...