Search found 650 matches

by 8foot7
Mon Jul 09, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Dealing with recruiters
Replies: 20
Views: 1944

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: 1446

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: 1151

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: 7109

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: 3639

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: 138

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: 16703

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: 10703

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: 1731

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: 1731

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: 3515

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...
by 8foot7
Wed Jun 06, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: Upgrade to SSD for 5-year old desktop?
Replies: 64
Views: 3515

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.
by 8foot7
Tue Jun 05, 2018 9:21 am
Forum: Personal Consumer Issues
Topic: Is our monthly Personal money out of line?
Replies: 74
Views: 7596

Re: Is our monthly Personal money out of line?

I guess it depends, but I'd have a hard time being OK with >$1,000 in free spending a month if you are not maxing out your tax advantaged space. A better answer is to run the numbers, figure out your Number, work backwards to figure out your savings goals, and then reconcile that against your free c...
by 8foot7
Mon Jun 04, 2018 7:07 am
Forum: Personal Consumer Issues
Topic: How a credit card refund is applied?
Replies: 27
Views: 1748

Re: How a credit card refund is applied?

With my Amex charge card a refund directly reduces the amount I am required to pay.
by 8foot7
Thu May 24, 2018 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Buying Employer Shares
Replies: 18
Views: 1546

Re: Buying Employer Shares

Does anyone know if an employer has visibility into the number of your vested shares held in an ESPP or RSU plan? I've heard comments on this forum like "some employers frown upon employees immediate selling or not holding a significant amount" but I don't know if they truly have access to my accou...
by 8foot7
Thu May 24, 2018 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 129
Views: 14065

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

I get the peace of mind angle, but I question this as the end game for "simplifying your finances." Is it really tough to write a check once a month to pay the mortgage? How hard is it to set that bad boy to autodraft and forget about it? Is that really complexity? If you escrow now, when your loan ...
by 8foot7
Thu May 24, 2018 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 129
Views: 14065

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

Wow, I hate debt but I'd be hard pressed to pay off 200 grand at 3.625. One thing you could do is put an amount equivalent to your mortgage balance in taxable in something like a 60/40 mix. Call it your mortgage payoff fund. Evaluate each year whether or not return in the fund exceeds interest rate ...
by 8foot7
Tue May 22, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Disputed HOA billing
Replies: 21
Views: 1898

Re: Disputed HOA billing

I would offer to settle the matter for the actual cost of the disposal of the items left on the street. No fees or markup. If they don't like that, then hire an attorney and present the written note you received that said HOA has no authority over the street. Let attorney write sharp letter and serv...
by 8foot7
Tue May 15, 2018 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Can a <median household save 1 year of expenses every year?
Replies: 158
Views: 8511

Re: Can a <median household save 1 year of expenses every year?

With all due respect, I don't think seeing the results of single people still in university or two adults living with roomates or parents really gives a meaningful answer to the original question, which is surely meant to figure out if a family with two adults and perhaps a kid or two that makes les...
by 8foot7
Wed May 02, 2018 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall advice for an overwhelmed person
Replies: 76
Views: 6247

Re: Windfall advice for an overwhelmed person

No chance I’d have six figures of student loans hanging around with a million bucks in the bank. And in general, I wouldn’t just borrow money for the sake of borrowing it — are you really wanting to try to arbitrage your lending rate and your investment return? The 30 year purchase mortgage is one o...
by 8foot7
Tue May 01, 2018 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: HOA won't help. [Homeowners Association]
Replies: 37
Views: 4787

Re: HOA won't help. [Homeowners Association]

It sure seems like you’re against spending $3 to send a demand letter via certified mail. I don’t understand why.
by 8foot7
Tue May 01, 2018 10:06 am
Forum: Personal Consumer Issues
Topic: Fiber cable on front lawn
Replies: 39
Views: 2724

Re: Fiber cable on front lawn

An easement doesn’t mean they can just leave %%*#% on your lawn.
by 8foot7
Mon Apr 30, 2018 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 18394

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

Dealer finance guys can work their captive lender (ie GM Financial for GM cars, etc) for deals. Well, they can work anyone, but the captive lender has the most incentive to do deals. When you push back on these requests you prompt the guy to do a little more legwork. If the situation with your husba...
by 8foot7
Mon Apr 30, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: At a crossroads. Does my plan make sense?
Replies: 29
Views: 2810

Re: At a crossroads. Does my plan make sense?

Dear boss,
I resign effective immediately. I'll mail you my key card and laptop. Send my last check to my home address.
Signed,
OP


Please go do this now. And enjoy! :sharebeer
by 8foot7
Mon Apr 30, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 18394

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

Let them know you'll be dropping off the car and the keys tomorrow and that you expect a check of all money you put down at the same time.
by 8foot7
Fri Apr 27, 2018 8:57 am
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10951

Re: Wedding - financial burden on couple and attendees

The key to interpreting the destination wedding: if you are talked to about coming before the invitations are sent, the couple wants you there. If you just receive an invitation out of the blue for a destination wedding with no prewire, the couple doesn’t want you there. This metric should also appl...
by 8foot7
Thu Apr 26, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10951

Re: Wedding - financial burden on couple and attendees

likegarden wrote:
Thu Apr 26, 2018 1:08 pm
We got married in 1971... The 110 guests gave us $500 cash and we spent around $500. That is my wife's dress was on sale for $85, and that was extra.
$585 in 1971 equals $3,623.53 in 2018.
https://www.saving.org/inflation/inflat ... &year=1971
by 8foot7
Thu Apr 26, 2018 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Who benefits from "best and final offer" on condo?
Replies: 107
Views: 6514

Re: Who benefits from "best and final offer" on condo?

I think the only reason we lost was because of the "best and final" request being taken literally and the other offer being higher, regardless of our verbalizing a willingness to go higher if necessary. I would agree that you lost because they asked for a best and final offer and you didn't give th...
by 8foot7
Thu Apr 26, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: I double-paid the IRS by mistake - what to do?
Replies: 7
Views: 1320

Re: I double-paid the IRS by mistake - what to do?

I had prepared my taxes a few weeks ago and was waiting to send in my return and wrote a check for the balance when I mailed it. I must have written a first check earlier when the taxes were prepared and somehow forgotten it and included a second check when I mailed my return. This is not computing...
by 8foot7
Thu Apr 26, 2018 10:00 am
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10951

Re: Wedding - financial burden on couple and attendees

Many in the family really want to see them get married and be part of their special day, and have asked if I can talk with them about an alternative arrangement. Something close to family and not so expensive to attend. I want to take the right approach to this and am looking for advice on if I sho...
by 8foot7
Wed Apr 25, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: how would you handle this--collecting life insurance
Replies: 31
Views: 3094

Re: how would you handle this--collecting life insurance

Call the regulator. My wife was the beneficiary of three insurance policies on her mother. From death to full policy payout was about six weeks, and three of those weeks were waiting on the state where her mother died to generate the official death certificate. I don't even recall that there was rea...
by 8foot7
Wed Apr 25, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: How to be a good executor to family
Replies: 44
Views: 3646

Re: How to be a good executor to family

My wife just went through this. Her mother died. Five beneficiaries, three which had specific monetary assignments, and then her brother and her who basically split everything that was left 50/50. Death was in February. There was a house with a mortgage. It took close to two months to get access to ...
by 8foot7
Wed Apr 25, 2018 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Who benefits from "best and final offer" on condo?
Replies: 107
Views: 6514

Re: Who benefits from "best and final offer" on condo?

Sometimes words mean what they mean. “Willing to escalate” isn’t your best or your final. “I’m willing to pay $1.5 and not a penny over” is your best and final.
by 8foot7
Tue Apr 24, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance Changing Lifestyle
Replies: 79
Views: 10121

Re: Inheritance Changing Lifestyle

If it were me I’d give wife half of the income it throws off and tell her to have a ball. It’s a meaningful amount, modest in comparison to your new wealth, and resentment ain’t cheap.
by 8foot7
Tue Apr 24, 2018 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Structuring Newlywed Finances for Fairness and Less Arguments
Replies: 84
Views: 6650

Re: Structuring Newlywed Finances for Fairness and Less Arguments

My wife and I approach this the exact opposite of some others on this thread. We both work. We have separate accounts and our incomes go into our separate accounts. We both save for retirement. We split all expenses 50/50, even though at times our incomes have changed as to who makes more and who do...
by 8foot7
Tue Apr 24, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Settlement Offer -- Accept or Wait?
Replies: 66
Views: 5927

Re: Settlement Offer -- Accept or Wait?

You’re the victim. You can wait as long as you want within reason. Not three years but certainly you get a few months to put a final value on your losses.
by 8foot7
Tue Apr 24, 2018 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Salary Negotiation gone sour
Replies: 98
Views: 10552

Re: Salary Negotiation gone sour

When they came back responding to your counter and didn’t move on base salary, that was absolutely a message: this is as good as it gets. You had two options there: * ask for the bonus number they gave you to be guaranteed for first year; or * politely decline. I tend to agree with the folks who sai...
by 8foot7
Mon Apr 23, 2018 8:14 am
Forum: Personal Finance (Not Investing)
Topic: How long does a will last? [Time to settle the estate]
Replies: 43
Views: 4296

Re: How long does a will last?

I believe in many jurisdictions since your girlfriend is direct beneficiary of some funds that you can file something with the court in order to be notified when things happen. I don't know what it's called. Talk to the clerk of court in the county in which the estate is being handled and state your...
by 8foot7
Tue Apr 17, 2018 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Corporate Leveling
Replies: 22
Views: 2701

Re: Corporate Leveling

Unless I had no other options I would not accept a pay cut. Titles are another thing; they come and go. There is no law that says your pay and your title have to match; that’s between you and your employer but a title change would be a poor justification for a pay cut. Generally pay cuts count as co...
by 8foot7
Sat Apr 14, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: How do I make sure IRS receives my manual tax return ?
Replies: 89
Views: 6511

Re: How do I make sure IRS receives my manual tax return ?

Wow, there is an unusually high amount of misinformation in this thread. It might help the misinformed if you could tell us what this misinformation was. It’s already been corrected above. * IRS accepts certified mail postmark as proof of timely filing * there are no penalties for late filing if yo...
by 8foot7
Fri Apr 13, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: How do I make sure IRS receives my manual tax return ?
Replies: 89
Views: 6511

Re: How do I make sure IRS receives my manual tax return ?

Wow, there is an unusually high amount of misinformation in this thread.
by 8foot7
Fri Apr 13, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: realtor wants to show house to buyer, no listing agent for me
Replies: 55
Views: 5171

Re: realtor wants to show house to buyer, no listing agent for me

I know the OP has already decided but for others who may access this in the future, there’s not much to lose by agreeing to the viewing but there is no reason to agree to any commission in advance. Be firm about that last point—“you can come see but we will discuss any commission at the time of a wr...
by 8foot7
Thu Apr 05, 2018 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise/promotion with another offer in hand
Replies: 103
Views: 7408

Re: Asking for a raise/promotion with another offer in hand

If I also found out you were seeking a job while still employed, I would have helped you clean out your desk. I would hope then that you aren’t part of the majority of employers that discriminate against candidates who aren’t currently employed when they seek a position on your team. Do you own a b...
by 8foot7
Wed Apr 04, 2018 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise/promotion with another offer in hand
Replies: 103
Views: 7408

Re: Asking for a raise/promotion with another offer in hand

Iliketoridemybike wrote: If I also found out you were seeking a job while still employed, I would have helped you clean out your desk.
I would hope then that you aren’t part of the majority of employers that discriminate against candidates who aren’t currently employed when they seek a position on your team.
by 8foot7
Mon Apr 02, 2018 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 12457

Re: What age is the best to give a child control of an inheritance?

We updated our trust last year, one of the many changes we did was to increase our 4 children’s inheritance from 45 to 65 years old. My children ages are 35, 38, 39 and 42, I’m 63 wife is 61. I’m still working part time for the next few years to smoothly exit my company I sold last year. Some of th...
by 8foot7
Sun Apr 01, 2018 3:49 pm
Forum: Personal Consumer Issues
Topic: Towel Warmers - worthwhile luxury or useless?
Replies: 39
Views: 3317

Re: Towel Warmers - worthwhile luxury or useless?

I have had them in hotels. At home, if I want a warm towel, I put one in the clothes dryer before I get in the shower. Our clothes dryer heats by natural gas, so cheaper than electricity. Also I can set it to dry for specific time period. I consider towel warmers useless. But then you’re running we...