Search found 3313 matches

by carolinaman
Tue Sep 04, 2018 7:57 am
Forum: Personal Consumer Issues
Topic: Types of seed for new lawn or sod?
Replies: 24
Views: 1632

Re: Types of seed for new lawn or sod?

I live in NC so our grasses are likely different than yours. I just planted grass seed and used a blend of tall fescue sold by a local organic store. The owner is a true expert on gardening and I asked him about different popular grass seeds in our. Most were not highly rated. I did ask about Kentuc...
by carolinaman
Mon Sep 03, 2018 7:27 am
Forum: Investing - Help with Personal Investments
Topic: Aggressive asset allocation and market capitalization for someone with a pension
Replies: 15
Views: 1246

Re: Aggressive asset allocation and market capitalization for someone with a pension

I think a lot will depend on how well-funded your pension plan is, what oversight is in place for it, and of course how stable you personally feel the plan is. For what it’s worth, I have almost 20 years with my employer, eligible to draw in ~8 more. ‘I’ consider it well-funded based on my research...
by carolinaman
Mon Sep 03, 2018 6:58 am
Forum: Investing - Help with Personal Investments
Topic: [Have medical issue - How should I change my investment strategy?]
Replies: 11
Views: 1209

Re: [Have medical issue - How should I change my investment strategy?]

I am sorry for your condition. My DW has had it a few times so I know it is painful and difficult to deal with. The root cause for her was certain foods and her solution was a proper diet and care of her health. The reduced mortality for people with gout may be more about their lifestyle, diet, etc....
by carolinaman
Sun Sep 02, 2018 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Medical liability claim settlement. What is fair?
Replies: 40
Views: 2690

Re: Medical liability claim settlement. What is fair?

I have a contrarian opinion about what is fair. The OP mentioned that he is paying the rent for the daughter's apartment and she is also still on his insurance policy. We do not know how much support he is still providing her, possibly a lot, but to some extent she is still on his payroll. In that i...
by carolinaman
Sat Sep 01, 2018 9:00 am
Forum: Personal Consumer Issues
Topic: Help Us Pick a Lot to Build On - Which Neighborhood Option?
Replies: 19
Views: 1898

Re: Help Us Pick a Lot to Build On - Which Neighborhood Option?

Option 2 would be most appealing to me as I have lot of 2+ acres and have enjoyed it for more than 45 years. Option 2 is a better fit for the house you are building. Generally, you should avoid having the most expensive house in the neighborhood. If you plan to live in the home for a long time, most...
by carolinaman
Sat Sep 01, 2018 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Medical liability claim settlement. What is fair?
Replies: 40
Views: 2690

Re: Medical liability claim settlement. What is fair?

Welcome to the forum Bogletoon. You are in the best position to decide what you perceive as fair. One thought is to make some split with your daughter. Arguably she deserves something for her pain and suffering and use the remaining funds for college costs for her and her siblings. It seems that you...
by carolinaman
Sat Sep 01, 2018 8:34 am
Forum: Personal Finance (Not Investing)
Topic: State Farm - Homeowners discount :)
Replies: 35
Views: 2717

Re: State Farm - Homeowners discount :)

Doesn't State Farm have a terrible reputation regarding paying claims? Bad ratings in this regard? At least that's what I recall seeing last time I shopped around. Its great to pay the cheapest rates but you want to know a claim will be paid should you ever have to make one. Of course on the other ...
by carolinaman
Fri Aug 31, 2018 7:24 am
Forum: Personal Finance (Not Investing)
Topic: State Farm - Homeowners discount :)
Replies: 35
Views: 2717

Re: State Farm - Homeowners discount :)

Very good. My StFarm homeowners was $572 last December. Very similar valuation and have auto insurance and umbrella with them. No homeowners claims in more than 20 years. What state in you in? I am in NC.
by carolinaman
Fri Aug 31, 2018 7:19 am
Forum: Investing - Theory, News & General
Topic: Does Sequence of Returns Risk even make sense for early retirees?
Replies: 10
Views: 1311

Re: Does Sequence of Returns Risk even make sense for early retirees?

The sequence of return risk occurs when you must spend investment funds, notable equity and other volatile funds, for retirement living expenses after they have declined substantially. In essence, you are locking in your losses by withdrawing the funds. Conversely, if you have low volatile funds lik...
by carolinaman
Fri Aug 31, 2018 7:11 am
Forum: Personal Consumer Issues
Topic: Buying car online?
Replies: 65
Views: 3936

Re: Buying car online?

Soliciting prices by the Internet or via phone will never get the best price, at least in my experience. Your most powerful position is to go to a dealer and make clear that you are ready to buy today, but only after doing all of your model and price research, which you have done. With all the infor...
by carolinaman
Thu Aug 30, 2018 8:41 am
Forum: Personal Consumer Issues
Topic: Wildlife Removal:
Replies: 16
Views: 1708

Re: Wildlife Removal:

If you have "interesting" snakes, herpetologists will trap them and take them for free because they either keep them or sell them. I did this in the past and the herpetologist was always willing to bag the snakes and take them away free of charge. As for the rats in the attic I would hire someone t...
by carolinaman
Thu Aug 30, 2018 8:21 am
Forum: Personal Consumer Issues
Topic: Are Skilled Nursing Facilities that Accept Medicaid Really That Bad?
Replies: 30
Views: 3674

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

My mother went from rehab (Medicare paid) to private pay in a nice nursing home. She soon exhausted her funds and went on Medicaid. She remained in her private room with no change in service until she died several months later. So I guess it depends upon the facility and situation. I know the facili...
by carolinaman
Wed Aug 29, 2018 7:01 am
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11839

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Investing the Boglehead way is simple. I totally agree that it is simple but the authors promoting this investing style, including John Bogle, write scores of books about this style of investing, and each book is several hundred pages. If it is so simple, why do we need all of those books?
by carolinaman
Mon Aug 27, 2018 7:45 am
Forum: Investing - Help with Personal Investments
Topic: When I die, what % of expenses should my survivor assume
Replies: 16
Views: 1897

Re: When I die, what % of expenses should my survivor assume

Annually I do a spreadsheet that tracks all of our spending for the year. I have individual line items for both my wife and I. Based upon those items, expenses would decline substantially for each of us. Due to her declining health, she would need to likely pay someone to do a lot of things I do lik...
by carolinaman
Mon Aug 27, 2018 7:05 am
Forum: Personal Consumer Issues
Topic: Help with basement issues
Replies: 16
Views: 1559

Re: Help with basement issues

Check with your neighbors and see if they have had issues too, and if so, have any of them solved it. If so, what did they do. Also, talk to a reputable contractor and civil engineer. Also: https://www.familyhandyman.com/basement/how-to-cure-a-wet-basement/view-all/ https://www.familyhandyman.com/b...
by carolinaman
Sun Aug 26, 2018 7:14 am
Forum: Personal Consumer Issues
Topic: Former Kaspersky user, PCMATIC?? or what as a replacement?
Replies: 23
Views: 1491

Re: Former Kaspersky user, PCMATIC?? or what as a replacement?

I had Kaspersky through Best Buy. When BB dropped Kaspersky, I tried to buy it direct and discovered the reseller was in Philippines. Using a Russian product supported by a company in the Philippines. That is taking globalization too far for me. I wound up with Norton and I continue to use Malwareby...
by carolinaman
Sun Aug 26, 2018 6:58 am
Forum: Investing - Theory, News & General
Topic: New highs and portfolio growth in retirement
Replies: 10
Views: 1254

Re: New highs and portfolio growth in retirement

Sequence of return risk is a major consideration for someone who is near retirement or early in retirement. The risk is greater for those with high equity allocations. For example, how would a 40% drop in US equity market affect your plans? Such a market drop could dramatically change your retiremen...
by carolinaman
Sat Aug 25, 2018 8:08 am
Forum: Personal Consumer Issues
Topic: Selling old car - expired registration
Replies: 31
Views: 1874

Re: Selling old car - expired registration

I had an old Mazda Millenia which still ran but had a few problems. I thought it would be a great car for someone who could do their own repairs. However, after considerable effort the best I could do was salvage the car. Even if I fixed some of the problems I could not get more than salvage. I got ...
by carolinaman
Sat Aug 25, 2018 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Take pension immediately upon retirement, or use 457 funds?
Replies: 36
Views: 1732

Re: Take pension immediately upon retirement, or use 457 funds?

sounds good. sounds too good to be true IMO. +1. I agree. It seems unrealistic and unsustainable. How does a pension like this get funded over the long term? I suggest you try to find out what percentage of the pension's long term liabilities are funded and also what is the pension's discount rate ...
by carolinaman
Fri Aug 24, 2018 7:17 am
Forum: Personal Consumer Issues
Topic: find Hvac contractor
Replies: 14
Views: 1187

Re: find Hvac contractor

I had new HVAC system and new ductwork put in about 6 years ago for my 2,000 sqft ranch home. The cost was around $9k in Charlotte area, a MCOL area. They installed a RUUD gaspac system which is mid-level quality. I hate to think what this will cost in your area.
by carolinaman
Thu Aug 23, 2018 11:18 am
Forum: Personal Consumer Issues
Topic: Test your cognitive biases
Replies: 89
Views: 5495

Re: Test your cognitive biases

I got 25-50%. I have no idea what was being "tested". The answers being sought were subjective. I scored poorly too. People who know me professionally and personally would be shocked at my score. I am a very rational, open minded and logical thinker. I have a body of work that is certainly contrary...
by carolinaman
Thu Aug 23, 2018 10:48 am
Forum: Personal Consumer Issues
Topic: Test your cognitive biases
Replies: 89
Views: 5495

Re: Test your cognitive biases

I got 25-50%. I am not only risk adverse by nature, but I also have no real need to take risk. I have had bad dealings with debt from individuals so that sways me far away from waiting to collect. All of which I believe skewed my answers different than the desired results ("desired" for whatever re...
by carolinaman
Thu Aug 23, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Mold in house and insurance won't cover - options?
Replies: 29
Views: 3855

Re: Mold in house and insurance won't cover - options?

Personally I think mold remediation companies are ripping people off based on fear. We live with mold in the air all around us, and unless the infestation is extreme or you are a person who is highly allergic you can clean it up yourself. First thing you need to do is stop the water intrusion into ...
by carolinaman
Thu Aug 23, 2018 8:08 am
Forum: Personal Consumer Issues
Topic: relationship issues - advise needed
Replies: 51
Views: 4235

Re: relationship issues - advise needed

oh no, i already called EAP and they set me up with a independent counselor - they said it is confidential by law unless they sense i may harm myself or others...oh well...EAP says, i have 5 free sessions Don't call EAP (employee assistance)! The last thing you want to do is get your employer mixed...
by carolinaman
Wed Aug 22, 2018 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Co-habitation agreement - ??
Replies: 103
Views: 6515

Re: Co-habitation agreement - ??

I have a philosophical question. If the ages were 56 for her and 68 for him, would we have similar discussions? The issue is the same for me regardless of which is oldest. I can see an older man getting duped by a younger woman too. Unfortunately, these situations are all too common both for older ...
by carolinaman
Wed Aug 22, 2018 8:00 am
Forum: Personal Consumer Issues
Topic: Aftermarket auto-body parts
Replies: 14
Views: 587

Re: Aftermarket auto-body parts

My State Farm policy calls for after market parts most of the time. The body shop that I have used for last 2 accidents is very good at sourcing used parts. They participate in an online parts network. I trust him to get suitable replacements.
by carolinaman
Wed Aug 22, 2018 7:53 am
Forum: Personal Consumer Issues
Topic: Help with web development contract
Replies: 8
Views: 585

Re: Help with web development contract

I want to make sure that the programmer does not: - steal my content/files - give other people FTP access to either server environment - re-use the same code on another site - sell my work, etc. Thanks! I would not work for someone who would expect me to sign this..It comes across as paranoid. Just...
by carolinaman
Wed Aug 22, 2018 7:33 am
Forum: Investing - Help with Personal Investments
Topic: retirement calculator
Replies: 6
Views: 866

Re: retirement calculator

You shoud try more than one as these calculators usually give different results, sometimes by a significant margin.
by carolinaman
Wed Aug 22, 2018 7:25 am
Forum: Personal Consumer Issues
Topic: I own 1,387 items!
Replies: 128
Views: 10679

Re: I own 1,387 items!

DW and I have been cleaning our sunroom which had been used to store clutter. We had many items there, both large and small. We have gone through similar process for other rooms and storage building and attic storage. We probably have more than 1387 items in one category, books. I am sure we have ma...
by carolinaman
Tue Aug 21, 2018 7:53 am
Forum: Personal Consumer Issues
Topic: No advance notice to employer
Replies: 42
Views: 4202

Re: No advance notice to employer

My son was terminated without notice by his company without cause and was not given any severance or vacation pay. I checked on that and in our state that is perfectly legal. So depending upon the state there may be some risk to your pay, but not your 401k. However, I always operated under the princ...
by carolinaman
Tue Aug 21, 2018 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Union at Fed job
Replies: 20
Views: 1988

Re: Union at Fed job

Generally I am anti union. My first job was with a megacorp in a professional position. Unskilled union workers negatively impacted the company and were a major reason for the bankruptcy years after I left the company. I played on a softball team with a lot of those guys and their view of work was f...
by carolinaman
Tue Aug 21, 2018 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Question from an FA
Replies: 12
Views: 1400

Re: Question from an FA

The value add you have is your breadth of knowledge and experience about financial matters. Investing the Boglehead way is dirt simple. What is not simple are the many other financial topics people need to deal with in their lives. Some examples are financial planning, retirement planning, tax strat...
by carolinaman
Tue Aug 21, 2018 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Looking to provide free personal finance advice
Replies: 11
Views: 1522

Re: Looking to provide free personal finance advice

What you are suggesting is very commendable. One concern might be legal exposure, especially for 1 on 1 advice.
by carolinaman
Mon Aug 20, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Do you go for annual Medicare preventive tests and screening?
Replies: 84
Views: 5237

Re: Do you go for annual Medicare preventive tests and screening?

I do annual wellness visit and use it to raise medical issues, some of which may be too trivial for a visit. At age 73, there are always thing to bring to my doctors attention. I also get a full panel of blood work which is something I highly recommend all seniors get.I have annual visits with speci...
by carolinaman
Mon Aug 20, 2018 10:10 am
Forum: Personal Consumer Issues
Topic: Reckless driving ticket in VA-Help!
Replies: 124
Views: 7798

Re: Reckless driving ticket in VA-Help!

My son's company was notified past traffic violations on his record made him uninsurable. He was laid off until he could fix the problem. We hired a local traffic attorney who did an amazing job of clearing his record for several old traffic citations. He got 2 counties to remove tickets from his re...
by carolinaman
Sat Aug 18, 2018 7:32 am
Forum: Personal Consumer Issues
Topic: The Fall of Consumer Reports
Replies: 89
Views: 15364

Re: Consumer Reports ?

windaar: I have subscribed to Consumer Reports for may years. In my opinion, it remains, by far, the best independent source of consumer information. Best wishes Taylor +1. I believe CR still provides very good information and ratings on consumer products. There are many other sources of informatio...
by carolinaman
Fri Aug 17, 2018 11:28 am
Forum: Personal Consumer Issues
Topic: Celebrating the day you retired
Replies: 46
Views: 3242

Re: Celebrating the day you retired

taojaxx wrote:
Thu Aug 16, 2018 11:38 am
renue74 wrote:
Thu Aug 16, 2018 8:16 am
taojaxx wrote:
Thu Aug 16, 2018 8:06 am
Found a new job :D
Still working part time 7 years into it. Don't need the money, just for fun.
What is your PT gig now?
Believe it or not: selling used cars!
You may have a future as a financial adviser! Lol
by carolinaman
Fri Aug 17, 2018 8:01 am
Forum: Personal Consumer Issues
Topic: Celebrating the day you retired
Replies: 46
Views: 3242

Re: Celebrating the day you retired

I retired as IT Director with a staff of 150. I had been in that position for 22 years. The staff gave me a nice retirement party with heavy hors d'oeuvres, cake, etc. My family attended which made it especially nice. My boss and other senior management attended and made some nice remarks. I receive...
by carolinaman
Fri Aug 17, 2018 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Buying car - help with closing the deal
Replies: 22
Views: 2556

Re: Buying car - help with closing the deal

The fact that you have already driven the car and are coming back a second time weakens your case, even if they would be inclined to haggle. Coming back signals them that you are very interested in this car. Your best bet may be to get them to fix the issues you cited. They may have more flexibility...
by carolinaman
Fri Aug 17, 2018 7:08 am
Forum: Personal Consumer Issues
Topic: Free Tire Change of Flat
Replies: 21
Views: 1762

Re: Free Tire Change of Flat

AAA will come to where your car is when you have a flat and change it for you. This may be important to you but has great value to those who cannot change a flat, i.e. my wife and daughter. They will also come to you when you have a dead battery or have locked your keys in your car. These things do ...
by carolinaman
Wed Aug 15, 2018 7:17 am
Forum: Personal Consumer Issues
Topic: Best consumer products - made in USA
Replies: 62
Views: 3567

Re: Best consumer products - made in USA

Blueskies123 wrote:
Tue Aug 14, 2018 9:08 pm
North Carolina furniture
A lot of NC furniture companies now have their furniture made offshore. I believe a lot of upholstered furniture is still made here, but a lot of the case goods are made offshore.
by carolinaman
Wed Aug 15, 2018 7:13 am
Forum: Investing - Help with Personal Investments
Topic: Choosing a retirement plan
Replies: 8
Views: 725

Re: Choosing a retirement plan

Thanks. I think she would be in the Maryland State Retirement and Pension System, which is a little below 70% funded ratio. Is that well funded? You may want to take a look at https://www.actuary.org/files/80_Percent_Funding_IB_071912.pdf +1. This is a good article regarding funded ratios. One majo...
by carolinaman
Tue Aug 14, 2018 7:11 am
Forum: Personal Finance (Not Investing)
Topic: Railroad Retirement vs Social Security
Replies: 13
Views: 1394

Re: Railroad Retirement vs Social Security

RR jobs are generally more secure and stable, especially if you are a train engineer and in a union. It sounds like the RR pension is better. So the better pension and better job security of RR job make that the obvious choice. Most people would not switch jobs without a decent salary increase becau...
by carolinaman
Mon Aug 13, 2018 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Advisor or no advisor?
Replies: 16
Views: 1488

Re: Advisor or no advisor?

You do not appear to need an adviser for investments, but at your age, it would be a good idea to do a full fledged retirement plan if you have not already done so. I think most people could benefit from a second set of eyes on their financial situation, readiness for retirement and retirement plan....
by carolinaman
Mon Aug 13, 2018 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Understanding Medicare Options?
Replies: 39
Views: 1691

Re: Understanding Medicare Options?

I would start with the Medicare site. https://www.medicare.gov/ Many states have resources called SHIP (State Health Insurance Assistance Program) coordinators who can help. Quality of their knowledge seems to vary. Your state SHIIP group can provide good guidance, especially for the basics. It wil...
by carolinaman
Mon Aug 13, 2018 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Experian email alert! "Your score decreased"
Replies: 37
Views: 4058

Re: Experian email alert! "Your score decreased"

Why obsess over a 3 point change in your credit score?
by carolinaman
Mon Aug 13, 2018 7:43 am
Forum: Personal Consumer Issues
Topic: What's the reason you would buy reading glasses at...
Replies: 42
Views: 2648

Re: What's the reason you would buy reading glasses at...

I am not a doctor but if you have vision problems, you should have your eyes tested. If you need glasses, you have choices of what to get and where. I have used Costco (preferred) and Walmart. Both are low cost providers. Personally, I would not buy the non prescription eye glasses. I have always un...
by carolinaman
Sat Aug 11, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Preparing for a bear market
Replies: 43
Views: 5454

Re: Preparing for a bear market

50/50 sounds good for you, but you could go to an even more conservative AA, say 40/60, if that makes you more comfortable. That is still higher equity than age in bonds. The most actionable thing I see is to increase the quality of your bonds: more high quality intermediate, less medium quality. Al...
by carolinaman
Sat Aug 11, 2018 8:56 am
Forum: Personal Consumer Issues
Topic: Used Car Negotiation
Replies: 29
Views: 3113

Re: Used Car Negotiation

Have the major dealers really stopped negotiating on the price of used cars. I have been back and forth with so many dealerships and they don't even budge. Is this the norm with the efficiency of internet pricing? OP, are you looking for a specific car/model year? Also, the best deals tend to come ...
by carolinaman
Sat Aug 11, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Buy back service time on pension
Replies: 42
Views: 3504

Re: Buy back service time on pension

If you invest the $58k for 13 years at 5% return, it = $110k. Assume a 4% withdrawal is $4,400 per year. Age age 55, $5,244. A small advantage to buyback. Later retirements are even better. I am not sure how you determined salary. If you are using current salary for retirement 15 to 20 years later, ...