Search found 344 matches

by Erwin007
Sat Nov 16, 2019 11:05 pm
Forum: Personal Consumer Issues
Topic: Basketball hoop that can be moved in and out of garage
Replies: 14
Views: 743

Re: Basketball hoop that can be moved in and out of garage

I live in a town house and don't have a backyard. I would like to set up a full size basketball hoop for my kid. There is some space outside of my garage. If I get a basketball hoop, we will have to drag it out of the garage every time before we use it and drag it back into the garage after we use ...
by Erwin007
Sat Nov 16, 2019 7:20 pm
Forum: Personal Consumer Issues
Topic: Basketball hoop that can be moved in and out of garage
Replies: 14
Views: 743

Re: Basketball hoop that can be moved in and out of garage

I live in a town house and don't have a backyard. I would like to set up a full size basketball hoop for my kid. There is some space outside of my garage. If I get a basketball hoop, we will have to drag it out of the garage every time before we use it and drag it back into the garage after we use ...
by Erwin007
Fri Nov 15, 2019 5:54 pm
Forum: Personal Consumer Issues
Topic: Garage Generator Install
Replies: 41
Views: 2504

Re: Garage Generator Install

I have standard 3br house, attached garage with FROG. What is FROG? (Assuming, of course, it's not an amphibian.) It stands for Finished Room Over Garage. It’s a southeastern US thing (or at least was very prevalent in South Carolina when we bought a house there). It’s basically what other parts of...
by Erwin007
Wed Oct 23, 2019 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Variable interest rate for student loans
Replies: 3
Views: 322

Re: Variable interest rate for student loans

I would do it. The rate would have to increase more than 1.34% over the next 2.5 years of planned payoff for you to be even with where you are now. Could it happen? Sure. But as you pay off more of the loan, the amount the rate would have to increase for you to be behind gets even higher if you aver...
by Erwin007
Tue Oct 15, 2019 10:26 pm
Forum: Personal Consumer Issues
Topic: Replace water heater just because it's old?
Replies: 73
Views: 5967

Re: Replace water heater just because it's old?

Would you replace a 13 year old water heater that seems to be working without any problems? Many say replace every 10-12 years, especially if a leak would be a major problem. Others say wait for symptoms, such as a rusty water, a leak, rumbling. Having you ever seen a hot water heater go? Like othe...
by Erwin007
Sun Oct 13, 2019 2:39 pm
Forum: Personal Consumer Issues
Topic: Replace water heater just because it's old?
Replies: 73
Views: 5967

Re: Replace water heater just because it's old?

Ours was 10 years old. One Sunday morning I got up to go to work and was in the shower and realized there was zero hot water. Our water heater is in the garage and sometimes the pilot light goes out due to wind if we have left the garage door open. I went out to the garage expecting to have to relig...
by Erwin007
Sun Oct 13, 2019 2:33 pm
Forum: Personal Consumer Issues
Topic: What workout equipment to get?
Replies: 63
Views: 4727

Re: What workout equipment to get?

I bought an X-Mark weight bench and the Bowflex adjustable dumbbells (plus stand) a couple of years ago. If I remember, all in it was less than $600. Even though each dumbbell only goes up to 52.5 pounds, I still get a great workout doing a push/pull/legs program about 3 times a week. For cardio I j...
by Erwin007
Fri Sep 20, 2019 10:17 am
Forum: Personal Consumer Issues
Topic: wild caught sockeye salmon
Replies: 73
Views: 9689

Re: wild caught sockeye salmon

Bir48die wrote:
Fri Sep 20, 2019 10:11 am
Most of Costco's fish is farmed and some has been "colored". Even though it's the real deal they feed these with pellets and don't have the flavor of a naturally fed fish.
Do you have a source for this? Or are you just talking about the fish that isn’t labeled as “wild”?
by Erwin007
Thu Sep 19, 2019 9:58 pm
Forum: Personal Consumer Issues
Topic: wild caught sockeye salmon
Replies: 73
Views: 9689

Re: wild caught sockeye salmon

wilked wrote:
Thu Sep 19, 2019 6:00 pm
My brother worked for years as a butcher, knows the local stores and their products / methodology. He made it clear not to buy seafood from Costco. Said other meats were fine from there though
Why?
by Erwin007
Sun Sep 15, 2019 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Paying "early" on mortgage may be unwise
Replies: 229
Views: 21000

Re: Paying "early" on mortgage may be unwise

I never said it was the safest. What I was trying to say is that you’d have a better probability of ending up with more money in the end if you didn’t pay off a low interest mortgage early, and instead invested the money. If the future is like the past, that's true. But we must be very careful with...
by Erwin007
Sun Sep 15, 2019 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Paying "early" on mortgage may be unwise
Replies: 229
Views: 21000

Re: Paying "early" on mortgage may be unwise

We can also cherry pick data that supports our point. From 2003-2012 U.S. stocks returned 8.85% annually. See how easy that was? That example does nothing. My point was that we don't know whether stocks will outperform mortgage interest rates going forward. I showed you a relatively recent 10 year ...
by Erwin007
Sun Sep 15, 2019 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Paying "early" on mortgage may be unwise
Replies: 229
Views: 21000

Re: Paying "early" on mortgage may be unwise

The online pay portal I use for my mortgage looks like: Minimum Payment: $1500 Extra Principal: [____] Extra Escrow: [____] The first line is grayed out. You can enter whatever you want for the second and third field. Couldn't be easier. Yes, online portals have made the process of making principal...
by Erwin007
Sun Sep 15, 2019 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Paying "early" on mortgage may be unwise
Replies: 229
Views: 21000

Re: Paying "early" on mortgage may be unwise

That example does nothing. My point was that we don't know whether stocks will outperform mortgage interest rates going forward. I showed you a relatively recent 10 year period where paying down one's mortgage was absolutely the superior move. Of course you can find periods where the opposite was t...
by Erwin007
Sun Sep 15, 2019 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Paying "early" on mortgage may be unwise
Replies: 229
Views: 21000

Re: Paying "early" on mortgage may be unwise

If we knew that stocks would outperform the mortgage interest rate over the period of time that concerns us, it would be an easy choice. But we don't know that. U.S. stocks lost -2.73% real annually from 2000-2009. By your logic, everyone should be 100% stock (higher actually due to leveraging thei...
by Erwin007
Sun Sep 15, 2019 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Paying "early" on mortgage may be unwise
Replies: 229
Views: 21000

Re: Paying "early" on mortgage may be unwise

Decision-making should be balanced. You have to weigh both the mathematical, quantitative facts with the qualitative. In our case, by strategically chiseling at the mortgage over time, we were able to become completely debt-free and unleash our income for wealth generation. Isn’t this a false dicho...
by Erwin007
Sun Sep 15, 2019 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Paying "early" on mortgage may be unwise
Replies: 229
Views: 21000

Re: Paying "early" on mortgage may be unwise

Decision-making should be balanced. You have to weigh both the mathematical, quantitative facts with the qualitative. In our case, by strategically chiseling at the mortgage over time, we were able to become completely debt-free and unleash our income for wealth generation. Isn’t this a false dicho...
by Erwin007
Sun Sep 15, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Paying "early" on mortgage may be unwise
Replies: 229
Views: 21000

Re: Paying "early" on mortgage may be unwise

Decision-making should be balanced. You have to weigh both the mathematical, quantitative facts with the qualitative. In our case, by strategically chiseling at the mortgage over time, we were able to become completely debt-free and unleash our income for wealth generation. Isn’t this a false dicho...
by Erwin007
Sat Sep 14, 2019 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Paying "early" on mortgage may be unwise
Replies: 229
Views: 21000

Re: Paying "early" on mortgage may be unwise

The subject is misleading. And this part in OP should be highlighted. Banks have become greedier. I paid off my mortgage early - 2004. The extra in the payment automatically went to principal. It wasn’t applied to the next payment + interest. My lender makes it really easy, when I schedule the paym...
by Erwin007
Sat Sep 14, 2019 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Paying "early" on mortgage may be unwise
Replies: 229
Views: 21000

Re: Paying "early" on mortgage may be unwise

The subject is misleading. And this part in OP should be highlighted. If you want to pay extra principal on the mortgage (to reduce interest paid), you must specifically identify such extra to the lender so that the principal is reduced. [/b] Banks have become greedier. I paid off my mortgage early...
by Erwin007
Thu Sep 12, 2019 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 203
Views: 17723

Re: White collars- How much is your work downtime?

Subspecialty orthopedic surgeon. I would count downtime for me as times when I have nothing to do but am at work—no patients to see, no charting to do, no results to look over, no patients to call about results, no insurance companies to call and argue with some out of touch doctor not even in my sp...
by Erwin007
Sun Sep 01, 2019 12:42 am
Forum: Personal Consumer Issues
Topic: How to help niece improve her driving
Replies: 94
Views: 6184

Re: How to help niece improve her driving

StealthRabbit wrote:
Sat Aug 31, 2019 11:24 pm
1) Time behind the wheel (with a strict and observant mentor) in various circumstances / weather / vehicles. 12,000k miles minimum experience.
12 million miles minimum experience seems a little extreme, no?
:shock:
by Erwin007
Sun Aug 04, 2019 5:53 pm
Forum: Personal Consumer Issues
Topic: Dentist: Is this acceptable?
Replies: 63
Views: 5245

Re: Dentist: Is this acceptable?

OP is in CA not Texas. Didn’t see anything about Texas listed. Depending on the state the dentist is probably supposed to be there supervising the hygienists. Not sure how it works in dentistry but I could get in deep $&/@ if my techs were working on a patient and I wasn’t in the building supervisi...
by Erwin007
Sun Aug 04, 2019 1:50 pm
Forum: Personal Consumer Issues
Topic: Dentist: Is this acceptable?
Replies: 63
Views: 5245

Re: Dentist: Is this acceptable?

Dentist here: I wouldn’t worry too much. Ideally a patient will have an exam done every six months. However, sometimes dentists are out of town, sick, etc. In Texas, it is allowed to have hygienist clean teeth with no dentist present. However, in Texas A hygienist isn’t supposed to clean teeth with...
by Erwin007
Sun Aug 04, 2019 1:03 am
Forum: Personal Consumer Issues
Topic: Dentist: Is this acceptable?
Replies: 63
Views: 5245

Re: Dentist: Is this acceptable?

My dentist does everything. He examines my teeth, he cleans my teeth thoroughly in all aspects (scraping, polishing and flossing) and he does x-rays when needed. He is the only person in the office that does anything with my teeth. This is the actual dentist, not the hygienist. My appointments are ...
by Erwin007
Sun Aug 04, 2019 12:58 am
Forum: Personal Consumer Issues
Topic: Dentist: Is this acceptable?
Replies: 63
Views: 5245

Re: Dentist: Is this acceptable?

Dentist here: I wouldn’t worry too much. Ideally a patient will have an exam done every six months. However, sometimes dentists are out of town, sick, etc. In Texas, it is allowed to have hygienist clean teeth with no dentist present. However, in Texas A hygienist isn’t supposed to clean teeth with...
by Erwin007
Fri Aug 02, 2019 11:22 am
Forum: Personal Finance (Not Investing)
Topic: A note on spending for kids
Replies: 148
Views: 11646

Re: A note on spending for kids

Seems like the OP is more of a rant than anything truly actionable. I have kids in club basketball, club/travel soccer, tennis, football, and golf. So I interact with a lot of other parents who are doing the same thing. I would say the vast majority have no delusion that their kids are going pro or ...
by Erwin007
Wed Jul 31, 2019 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Bloomberg: Forget Tech, Medicine Still Pays More
Replies: 124
Views: 9764

Re: Bloomberg: Forget Tech, Medicine Still Pays More

As a physician, I would advise my kids, if they were adept enough and equally drawn to medicine or tech, to go into tech 100 times out of 100. I hear this a lot, but I didn't think there is any validity to it. I think it's just the grass being greener on the other side. My parents, FIL and spouse a...
by Erwin007
Wed Jul 31, 2019 2:33 pm
Forum: Personal Consumer Issues
Topic: What's your Uber passenger rating?
Replies: 118
Views: 6823

Re: What's your Uber passenger rating?

5.00.

I’ve only taken 5 trips, but 2 were from JFK to some hotel in midtown with my wife and three kids and then the return trip.

I have always been on time/waiting for them to show up, not had anything to eat or drink during the ride, and kept up the small talk if the driver engaged first.
by Erwin007
Wed Jul 31, 2019 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Bloomberg: Forget Tech, Medicine Still Pays More
Replies: 124
Views: 9764

Re: Bloomberg: Forget Tech, Medicine Still Pays More

As a physician, I would advise my kids, if they were adept enough and equally drawn to medicine or tech, to go into tech 100 times out of 100. I hear this a lot, but I didn't think there is any validity to it. I think it's just the grass being greener on the other side. My parents, FIL and spouse a...
by Erwin007
Tue Jul 30, 2019 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Bloomberg: Forget Tech, Medicine Still Pays More
Replies: 124
Views: 9764

Re: Bloomberg: Forget Tech, Medicine Still Pays More

As a physician, I would advise my kids, if they were adept enough and equally drawn to medicine or tech, to go into tech 100 times out of 100. As has been mentioned already in this post, the opportunity cost of medical school followed by residency and maybe fellowship might put you behind in a hole ...
by Erwin007
Mon Jul 29, 2019 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Handling Emergency to Emergency Fund
Replies: 54
Views: 4161

Re: Handling Emergency to Emergency Fund

Summary of last six months: We had a 4 month emergency fund in place which we were ok with as we have plenty of financial backing from other areas while we slowly were increasing this a hundred or two each paycheck. We were maxing Roth IRAs for the first time ever. First child born in January and g...
by Erwin007
Mon Jul 29, 2019 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Help choose between High deductible HSA plan vs PPO -- 2nd child expected
Replies: 14
Views: 773

Re: Help choose between High deductible HSA plan vs PPO -- 2nd child expected

After reading the other post on this forum about the person whose Emergency Fund was depleted when their baby had to go to the NICU for a few days, I would say only choose the plan based on what your cash position is and if you can pay your out of pocket max with whatever plan you choose. Maybe elig...
by Erwin007
Mon Jul 29, 2019 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Handling Emergency to Emergency Fund
Replies: 54
Views: 4161

Re: Handling Emergency to Emergency Fund

Oh, and I’ve given plenty of people the information they needed (CPT codes) to get an estimate from their insurance company before any type of elective surgical procedure. Whether they’ve bothered to pursue it with their insurance company I have no idea. I called in to find out what a catscan would...
by Erwin007
Sun Jul 28, 2019 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Handling Emergency to Emergency Fund
Replies: 54
Views: 4161

Re: Handling Emergency to Emergency Fund

Yes. I think the providers would get by okay. It's a matter of priorities. -TheDDC I don't think the idea of not paying for services rendered (because they make enough as it is) is congruent with the philosophy of Bogleheads. Here we are expected to offer suggestions that are ethical and comply wit...
by Erwin007
Sun Jul 28, 2019 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Handling Emergency to Emergency Fund
Replies: 54
Views: 4161

Re: Handling Emergency to Emergency Fund

I disagree with prioritizing derailing retirement contributions, however. First thing to end would be the endless stream to the health providers. -TheDDC Are you advocating not paying health providers that have already provided services, so one can continue retirement contributions instead? I do no...
by Erwin007
Sun Jul 28, 2019 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Handling Emergency to Emergency Fund
Replies: 54
Views: 4161

Re: Handling Emergency to Emergency Fund

Yes. I think the providers would get by okay. It's a matter of priorities. -TheDDC I don't think the idea of not paying for services rendered (because they make enough as it is) is congruent with the philosophy of Bogleheads. Here we are expected to offer suggestions that are ethical and comply wit...
by Erwin007
Sun Jul 28, 2019 3:36 pm
Forum: Personal Consumer Issues
Topic: Best place to buy Pistachio and Salmon?
Replies: 30
Views: 3267

Re: Best place to buy Pistachio and Salmon?

A few weeks ago our local Costcos had wild Copper River salmon on sale for $9.99/lb. I bought several packages and we had one for dinner that night, and froze the others to eat in the next couple of months. It seems they have sales on different varieties of wild salmon a few times a year for about ...
by Erwin007
Sun Jul 28, 2019 1:22 am
Forum: Personal Finance (Not Investing)
Topic: Handling Emergency to Emergency Fund
Replies: 54
Views: 4161

Re: Handling Emergency to Emergency Fund

I disagree with prioritizing derailing retirement contributions, however. First thing to end would be the endless stream to the health providers. -TheDDC Are you advocating not paying health providers that have already provided services, so one can continue retirement contributions instead? I do no...
by Erwin007
Fri Jul 26, 2019 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: Experience with Costco Citi Visa?
Replies: 34
Views: 4531

Re: Experience with Costco Citi Visa?

No issues. Have used it in Canada, Mexico, Jamaica, and France without a problem. Exchange rate for Canada, Mexico, and France seemed fine.
by Erwin007
Thu Jul 25, 2019 1:18 am
Forum: Personal Consumer Issues
Topic: Best place to buy Pistachio and Salmon?
Replies: 30
Views: 3267

Re: Best place to buy Pistachio and Salmon?

A few weeks ago our local Costcos had wild Copper River salmon on sale for $9.99/lb. I bought several packages and we had one for dinner that night, and froze the others to eat in the next couple of months. It seems they have sales on different varieties of wild salmon a few times a year for about t...
by Erwin007
Tue Jul 23, 2019 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Dealer provided lifetime powertrain warranty worthwhile?
Replies: 15
Views: 989

Re: Dealer provided lifetime powertrain warranty worthwhile?

One of the big gotchas with this is that if you’re even one mile over on your service (say 50,001 miles instead of 50,000) they can invalidate your warranty. So say you’re going on a trip where you will need to drive 1,250 miles. Your odometer reads 38,900 and you have a service due at 40,000. Do yo...
by Erwin007
Tue Jul 23, 2019 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Explaining the magic of compound interest to teenagers
Replies: 107
Views: 6452

Re: Explaining the magic of compound interest to teenagers

Is this a lecture style situation? I would create a power point and have a picture of Einstein with this quote up before the start of the class. “Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.” ― Albert Einstein The next slide wo...
by Erwin007
Mon Jul 22, 2019 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: When family members fight over the check when out to eat
Replies: 103
Views: 8549

Re: When family members fight over the check when out to eat

We sometimes have this drama at family dinners. What REALLY bothers me, however, is when the plan is to split the dinner two ways, but when the bill comes I pull out a credit card and the other guy hands me cash...C'mon, man! I get stuck with the whole amount on my credit card and cash in my wallet...
by Erwin007
Sun Jul 21, 2019 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Explaining the magic of compound interest to teenagers
Replies: 107
Views: 6452

Re: Explaining the magic of compound interest to teenagers

As a way to finish the presentation, say something along the following lines. Don't listen to me, listen to the smartest person in the history of the world. Albert Einstein called compound interest the 8th wonder of the world. Those who understand it, earn it. Those who don't, pay it. There’s zero ...
by Erwin007
Wed Jul 10, 2019 12:00 am
Forum: Personal Finance (Not Investing)
Topic: How much should I have saved for retirement by age 40?
Replies: 111
Views: 19236

Re: How much should I have saved for retirement by age 40?

I just turned 40 this year and have right around $650k in retirement accounts. Home equity, which I don’t count, is right around $450-475k. I also don’t believe in the amount x salary as a good way to calculate things. I didn’t finish fellowship until I was 35 years old, so I’ve really only been sav...
by Erwin007
Tue Jul 09, 2019 9:45 pm
Forum: Personal Consumer Issues
Topic: Buying a Smoker
Replies: 118
Views: 7997

Re: Buying a Smoker

I have a Weber grill that we use to grill about 2-3 times per week. I used to have a wood chip box in some of my old, crappy disposable propane grills and enjoyed the experience, so she bought me a propane Camp Chef smoker about four years ago. I’ve cooked some amazing pulled pork, brisket, chicken,...
by Erwin007
Sat Jul 06, 2019 7:28 pm
Forum: Personal Consumer Issues
Topic: Have you cleaned your own carpets?
Replies: 26
Views: 2032

Re: Have you cleaned your own carpets?

Anyone tried using Enzymes cleaning. I was told that bacteria grow in the carpet and cause smells to increase when windows are open, thus feeding air to the bacteria. Apparently, the only way to remove the bacteria is with an enzyme cleaner. Because there’s no air in there until you open the window...
by Erwin007
Fri Jul 05, 2019 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Big Hospital Bill - Any way to negotiate ?
Replies: 130
Views: 8772

Re: Big Hospital Bill - Anyway to negociate ?

I had an A/C guy over yesterday. He gave me a $6K bill. Any recommendations to negotiate this with the company? I see your point. I walked into a car dealership the other day and the MSRP for the car was $30k, so I just paid it. :D That's the price, right? 1. The MSRP is the Chargemaster price. The...
by Erwin007
Fri Jul 05, 2019 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Big Hospital Bill - Any way to negotiate ?
Replies: 130
Views: 8772

Re: Big Hospital Bill - Anyway to negociate ?

I don’t think you understand how codes work... You can’t submit a code for something you didn’t do, and there aren’t 2 codes for the same service. Happens all the time. Sometimes deliberately, sometimes not. That's why I recommend that the OP request an itemized bill to see if anything is on there ...
by Erwin007
Fri Jul 05, 2019 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Big Hospital Bill - Any way to negotiate ?
Replies: 130
Views: 8772

Re: Big Hospital Bill - Anyway to negociate ?

To your point, the idea of an HDHP is to encourage the consumer to pick the lowest cost health care provider while under their deductible. Further, the health care provider can use this initial pre deductible time to charge the max they can, even above rates that they might otherwise negotiate with...