Search found 1745 matches

by BW1985
Thu May 18, 2017 3:04 pm
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 60
Views: 6047

Re: Refinishing roughed in stairs - removing carpet

Living in an older home our stairs are a little steeper than recommended these days. We had carpet which is actually dangerous as it is too easy for someone wearing slippers or any smooth soled shoe to skid on the steps. I stripped all the carpet, pulled nails and staples, filled holes, and finishe...
by BW1985
Thu May 18, 2017 2:43 pm
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 60
Views: 6047

Re: Refinishing roughed in stairs - removing carpet

Here's a very inexpensive way to finish rough steps into elegance and functionality: Stairway Gets A New Look Additional advantages: fill the gaps with any product that's sandable and hardens. This very project is actually on my August docket. If it piques your interest, I can send you other helpfu...
by BW1985
Thu May 18, 2017 1:57 pm
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 60
Views: 6047

Re: Refinishing roughed in stairs - removing carpet

That looks a lot like my results. Here's an in progress image. The risers are primed, the treads are finished. I'm test fitting the parts. The railing is gone -- to be replaced later. You can just see a raw step at the top. I recall now I used a Sawsall to remove the 2X bull nose that was under the...
by BW1985
Thu May 18, 2017 1:31 pm
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 60
Views: 6047

Re: Refinishing roughed in stairs - removing carpet

You should use oak for the treads. The trim and railing of your staircase is white oak from the looks of it. I would use the same thing and try to match the stain. Pine is not going to look as good if you go with a wood finish. Pine is not nearly as durable either. You could use a pine or poplar bo...
by BW1985
Thu May 18, 2017 9:11 am
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 60
Views: 6047

Re: Refinishing roughed in stairs - removing carpet

That piece in the back just looks like a spacer, letting the rough treads be made out of standard dimensional lumber. That piece should be taken out along with the tread. If your new tread of choice is not wide enough (front to back) you could look for wider treads, or buy extra and rip the same sp...
by BW1985
Thu May 18, 2017 9:11 am
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 60
Views: 6047

Re: Refinishing roughed in stairs - removing carpet

I've remodeled a similar set of stairs. Removed the existing tread and replaced with solid hardwood treads. These are available at Home Depot and other home centers. Cap the risers with matching 1/4" plywood. Finish with several coats of poly. I glued (construction adhesive) and screwed the treads ...
by BW1985
Thu May 18, 2017 8:43 am
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 60
Views: 6047

Re: Refinishing roughed in stairs - removing carpet

I've remodeled a similar set of stairs. Removed the existing tread and replaced with solid hardwood treads. These are available at Home Depot and other home centers. Cap the risers with matching 1/4" plywood. Finish with several coats of poly. I glued (construction adhesive) and screwed the treads ...
by BW1985
Thu May 18, 2017 7:48 am
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 60
Views: 6047

Re: Refinishing roughed in stairs - removing carpet

I'm wondering is it would end up working out better (and maybe be easier and maybe less expensive) to have the staircase completely replaced with stairs that are stained and fitted to the area. There may be a point where cutting/patching/staining is more work then a simple replacement. We renovated...
by BW1985
Thu May 18, 2017 7:46 am
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 60
Views: 6047

Re: Refinishing roughed in stairs - removing carpet

I've remodeled a similar set of stairs. Removed the existing tread and replaced with solid hardwood treads. These are available at Home Depot and other home centers. Cap the risers with matching 1/4" plywood. Finish with several coats of poly. I glued (construction adhesive) and screwed the treads ...
by BW1985
Thu May 18, 2017 7:42 am
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 60
Views: 6047

Re: Refinishing roughed in stairs - removing carpet

I've remodeled a similar set of stairs. Removed the existing tread and replaced with solid hardwood treads. These are available at Home Depot and other home centers. Cap the risers with matching 1/4" plywood. Finish with several coats of poly. I glued (construction adhesive) and screwed the treads ...
by BW1985
Wed May 17, 2017 9:46 pm
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 60
Views: 6047

Refinishing roughed in stairs - removing carpet

Looking for some advice.. We removed the carpet and planned on cleaning up the rough wood underneath- sanding, painting and caulking the gaps between the stair and molding. Problem is, the gaps are larger than we thought, like 1/2" or so, can't caulk that! I'm thinking of adding sheets of 1/4" plywo...
by BW1985
Wed May 17, 2017 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Tax Planning for retired parents
Replies: 10
Views: 1211

Re: Tax Planning for retired parents

They are retired yes. Dad started SS at 62, Mom plans to start taking at 62 - their earnings are comparable. Mom is questioning why she would wait until 70. If she takes SS early then she will probably be maximizing her federal + state tax rates and minimizing the SS income that the last to die sur...
by BW1985
Tue May 16, 2017 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Article: "Our emergency fund is exactly $0.00"
Replies: 73
Views: 9967

Re: Article: "Our emergency fund is exactly $0.00"

There's something about having cash on hand to me that is just comforting. Maybe for other's it's not. Some also count their cash as part of their fixed allocation- so 80/20 with bonds vs. 80/20 with cash. Both are 80/20- one says they have an 'emergency fund' and one doesn't but they're both 80/20.
by BW1985
Tue May 16, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Tax Planning for retired parents
Replies: 10
Views: 1211

Re: Tax Planning for retired parents

They are retired yes. Dad started SS at 62, Mom plans to start taking at 62 - their earnings are comparable. Mom is questioning why she would wait until 70.

Their RMD's will probably be saved in cash.
by BW1985
Tue May 16, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Tax Planning for retired parents
Replies: 10
Views: 1211

Tax Planning for retired parents

My parents are looking for advice on how to handle their traditional 401k/IRA money. 59 & 64 Pension + SS = 72K/year take home pay (covers all expenses) 401k/IRA = 1.4M If they leave it as is then at 70 they will be forced to take RMD's I believe. Would they be better to start withdrawing or Roth co...
by BW1985
Tue May 16, 2017 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Retirees afraid to spend? (Bloomberg)
Replies: 47
Views: 3903

Re: Retirees are hoarding cash

So people spend based on what they need or wish to spend, not just on what somebody feels they could spend. That's not hoarding money. +1. People who save diligently their entire lives to have the assets they do are not going to blow it all in retirement on consumer spending. I don't need to read a...
by BW1985
Mon May 15, 2017 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: What home improvements are worth it
Replies: 37
Views: 6757

Re: What home improvements are worth it

I didn't say they "can't", I said the average return in less than 100%. Home improvements "can" make money, and picking stocks "can" beat the market. As a general rule though, neither tends to work out in an investor's favor. Fair point. Works for some uniquely skilled (or lucky) but not for the ma...
by BW1985
Mon May 15, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: What home improvements are worth it
Replies: 37
Views: 6757

Re: What home improvements are worth it

I didn't say they "can't", I said the average return in less than 100%. Home improvements "can" make money, and picking stocks "can" beat the market. As a general rule though, neither tends to work out in an investor's favor. Fair point. Works for some uniquely skilled (or lucky) but not for the ma...
by BW1985
Mon May 15, 2017 10:15 am
Forum: Personal Finance (Not Investing)
Topic: What home improvements are worth it
Replies: 37
Views: 6757

Re: What home improvements are worth it

Honestly, the ones you should do are the ones that you will enjoy. When talking home renovations of any kind, the "Average" return on investment is less than 100%. That means you'll get back less than you spend on it. From a purely financial standpoint, that means pretty much none are "worth it" as...
by BW1985
Fri May 12, 2017 11:03 am
Forum: Personal Consumer Issues
Topic: Beware Citibank Bonus Promotion
Replies: 39
Views: 9234

Re: Beware Citibank Bonus Promotion

I hope I get my 50K American miles from their credit card. They said it could take up to 2 statements to post after the statement where I hit the spend for the bonus, what a joke. Chase points immediately on the same statement. I'm done with Citi.
by BW1985
Fri May 12, 2017 8:43 am
Forum: Personal Consumer Issues
Topic: Beware Citibank Bonus Promotion
Replies: 39
Views: 9234

Re: Beware Citibank Bonus Promotion

Thanks for the heads up, Citi sounds like a real PITA to deal with and not worth the trouble for account bonuses.
by BW1985
Fri May 12, 2017 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Young professional planning for early semi-retirement
Replies: 34
Views: 4823

Re: Young professional planning for early semi-retirement

Good thread OP. I'm sure there are at least a few here that are planning to do the same as you.. I'm one of them. 1. Maximize income/career- for me this has been changing companies, moving, lots of interviews to climb the pay scale 2. Maximize use of tax sheltered accounts 3. Minimize spending to wh...
by BW1985
Wed May 10, 2017 12:36 pm
Forum: Personal Consumer Issues
Topic: Considering new approach to credit card churning
Replies: 45
Views: 11622

Re: Considering new approach to credit card churning

ponyboy wrote:member when credit card churning was fun?
Still fun for me. Chase won't give me any more cards so we switched to my wife.
by BW1985
Wed May 10, 2017 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Boglehead Debt Free Scream! 174K in 53 months
Replies: 24
Views: 4384

Re: Boglehead Debt Free Scream! 174K in 53 months

That was a lot of debt! Congratulations!! :sharebeer
by BW1985
Wed May 10, 2017 8:41 am
Forum: Personal Consumer Issues
Topic: Time savers - life on automation
Replies: 57
Views: 9424

Re: Time savers - life on automation

We also have lawn service, snow removal but it's included in our townhome's HOA fee. Too busy renovating inside to have to worry about outside maintenance anyways.
by BW1985
Tue May 09, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: What home improvements are worth it
Replies: 37
Views: 6757

Re: What home improvements are worth it

Yard work and kitchen. Lights can be changed for much cheaper than $500, they don't have to be recessed but that may be worth it to you over the time that you're there.
by BW1985
Tue May 09, 2017 9:34 am
Forum: Personal Consumer Issues
Topic: Time savers - life on automation
Replies: 57
Views: 9424

Re: Time savers - life on automation

Robot vacuum. Wanted to buy one. Thought I had a plan to buy a Roomba. Had a Bed Bath & Beyond 20% coupon, but the small print taketh it away. Still looking. Have learned that some newer robot vacuums are now self-emptying... I used a 20% off entire purchase BBB coupon yesterday that specifically s...
by BW1985
Tue May 09, 2017 9:15 am
Forum: Personal Consumer Issues
Topic: Why is Citi giving me money?
Replies: 10
Views: 2948

Re: Why is Citi giving me money?

Just checked it out, seems pretty easy but you do have to upload your receipt. I just went through my credit card statements and couldn't find anything to use this with though so I think it's of limited benefit, to me atleast.
by BW1985
Fri May 05, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: How does Fidelity make money if I hold Vanguard funds in my account?
Replies: 9
Views: 2261

Re: How does Fidelity make money if I hold Vanguard funds in my account?

bloom2708 wrote:If Vanguard failed, would not your Vanguard funds at Fidelity also be offline?

I don't see much reason to diversify and move Vanguard funds to Fidelity.

To diversify, wouldn't you want Fidelity index funds at Fidelity? I would not bother trying to diversify that way.
+1. I don't get it.
by BW1985
Wed May 03, 2017 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Banking in Marriage
Replies: 66
Views: 6318

Re: Banking in Marriage

Joint checking, joint credit cards. Our paychecks go into the checking and bills come out. What's left is periodically equally distributed to each of our VG taxable accounts. Sure, there are some things that each of us spends on that the other thinks is a waste. They are small percentages of our wor...
by BW1985
Mon May 01, 2017 3:23 pm
Forum: Personal Consumer Issues
Topic: buying dining table is hard
Replies: 55
Views: 4822

Re: buying dining table is hard

It just depends on your style. I've seen houses totally IKEA furnished that look amazing IMO.
by BW1985
Mon May 01, 2017 1:55 pm
Forum: Personal Consumer Issues
Topic: buying dining table is hard
Replies: 55
Views: 4822

Re: buying dining table is hard

There are furniture stores in Houston that cover pretty much any furniture style you might want, except perhaps if you want high-end ultra-modern. Try these websites, then visit the places you like: - Ethan Allen - Crate and Barrel - West Elm - Pottery Barn - Star Furniture - Bassett Furniture - Re...
by BW1985
Mon May 01, 2017 11:53 am
Forum: Investing - Theory, News & General
Topic: Are we all forgetting our taxable accounts?
Replies: 79
Views: 12940

Re: Are we all forgetting our taxable accounts?

^I plan on doing Roth conversions but not taking contributions out of the Roth, I will use taxable instead. That said we do max tax-deferred.

Ofcourse who knows what the tax laws will look like in 10-15 years.
by BW1985
Fri Apr 28, 2017 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Time to reach 1M and 2M milestones
Replies: 171
Views: 55656

Re: Time to reach 1M and 2M milestones

Thanks for all the great responses. A related question I have is this - (1) For those who reached $1M and $2M milestones, did you become more conservative in your investing approach? (2) Did you move to a more bond/fixed-income weighted asset allocation even though you were far from retirement? Tha...
by BW1985
Fri Apr 28, 2017 11:49 am
Forum: Personal Consumer Issues
Topic: Banned from Home Depot Returns
Replies: 131
Views: 82164

Re: Banned from Home Depot Returns

In the big picture, I don't see conceptually why a business would have to honor another business's holding of inventory that may not be used. Could cause significant distress to a company. Maybe just buy less, and what one needs. In other parts of the world outside of the US, returns are very diffi...
by BW1985
Thu Apr 27, 2017 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 221
Views: 40440

Re: Capital One 360 $200 bonus

Both the Money Market and Checking accounts are free-fee and Capital One only allows 1 bonus per lifetime, so these are not churnable, so you don't have to be in a rush to cancel to avoid fees or reset your clock for the next bonus. Another advantage is that an ACH push from Cap One usually trigger...
by BW1985
Wed Apr 26, 2017 9:13 pm
Forum: Personal Consumer Issues
Topic: Banned from Home Depot Returns
Replies: 131
Views: 82164

Re: Banned from Home Depot Returns

Interesting. Since the main purpose of this system is to stop theft (or at least turning stolen items into a more marketable currency), I would also think it must be based on dollar amounts. Does returning 10 screws (each different times) that cost 39 cents get you cut off? Is there a secondary pur...
by BW1985
Wed Apr 26, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Los Angeles house buying
Replies: 38
Views: 5395

Re: Los Angeles house buying

nealc wrote:Hi
(For example, houses that sell today for 1 million were often 300k or so in 2007.)
Real estate is cyclical. They could be 300k again.
by BW1985
Wed Apr 26, 2017 10:57 am
Forum: Personal Consumer Issues
Topic: Banned from Home Depot Returns
Replies: 131
Views: 82164

Re: Banned from Home Depot Returns

HD can find your purchase with the card you used so you never need a receipt unless you pay cash (who does that anymore?). I've returned countless things but not once given my license. I didn't know HD did that. I haven't returned anything there in a while. At Menards (home improvement store) they ...
by BW1985
Wed Apr 26, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: Banned from Home Depot Returns
Replies: 131
Views: 82164

Re: Banned from Home Depot Returns

HD can find your purchase with the card you used so you never need a receipt unless you pay cash (who does that anymore?). I've returned countless things but not once given my license.
by BW1985
Tue Apr 25, 2017 2:34 pm
Forum: Personal Consumer Issues
Topic: co-worker had a baby, chipping in on gift- how much?
Replies: 57
Views: 8820

Re: co-worker had a baby chipping in on gift- how much?

I am with you in that giving adults birthday presents is silly and we have a family agreement that none of us give birthday or Christmas gifts to each other. My wife, she buys everybody she knows birthday and Christmas gifts, and like clockwork gets a little bit annoyed every year when she gets not...
by BW1985
Tue Apr 25, 2017 2:23 pm
Forum: Personal Consumer Issues
Topic: co-worker had a baby, chipping in on gift- how much?
Replies: 57
Views: 8820

Re: co-worker had a baby chipping in on gift- how much?

I used to work in an office that was always asking for $20 each to buy gifts for whomever, I wasn't that fond of it. When I got married I told them specifically not to do that for me, I do not want it, and they did it anyways. :confused
by BW1985
Tue Apr 25, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Time to reach 1M and 2M milestones
Replies: 171
Views: 55656

Re: Time to reach 1M and 2M milestones

9 years post college to get to the $500K mark. Looking forward to that tailwind kicking in soon!
(This is me only, married last year and my wife has about $100k in her accts.)
by BW1985
Fri Apr 21, 2017 5:14 pm
Forum: Personal Consumer Issues
Topic: Best surface for garage, epoxy, polished concrete, something else?
Replies: 24
Views: 3577

Re: Best surface for garage, epoxy, polished concrete, something else?

Thank you for all of the replies! I found a company that will remove the current paint that is chipping, grind/prep cement, seal cracks, epoxy, and put a polyurethane coating over the top for $4 per square foot. Someone mentioned cosmesis above. Sure, that's part of it. But also, family is tracking...
by BW1985
Wed Apr 19, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Tips on Uber
Replies: 77
Views: 9097

Re: Tips on Uber

Just tip, don't be a tightwad, these people barely make enough to justify what their doing. Saying the app doesn't allow it, is just a copout, just hand them a five, at least their trying to make ends meet by working. People remind me of some relatives, they have boat loads of money but like to pre...
by BW1985
Wed Apr 19, 2017 10:13 am
Forum: Personal Consumer Issues
Topic: Tips on Uber
Replies: 77
Views: 9097

Re: Tips on Uber

I have taken 155 rides and have a passenger rating of 4.76. My average trip costs around $10-11. What would my rating be over the next 150 rides if I tipped $2-$3, 4.95 or so? I would boost my rating to around 4.85 and spend $300-$450. I'll keep the money. I almost NEVER tip Uber drivers and my pas...
by BW1985
Wed Apr 19, 2017 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Why do I owe so much on my taxes?
Replies: 32
Views: 5034

Re: Why do I owe so much on my taxes?

The situation is more common for married couples. In some couples, one spouse has all of the income, and the withholding tables are set so that all of the tax will be covered if this is the case. If both spouses work, the second spouse's tax will be withheld at much too low a rate unless they use a...
by BW1985
Wed Apr 19, 2017 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Why do I owe so much on my taxes?
Replies: 32
Views: 5034

Re: Why do I owe so much on my taxes?

The above posters explain what happened. Yes, you can claim zero deductions. You might instead just develop an emergency fund that holds enough to be able to pay unexpected expenses like this. Tax time will come every April from this point on, and it is better to pay at the end rather than receive ...
by BW1985
Wed Apr 19, 2017 9:56 am
Forum: Personal Consumer Issues
Topic: Tips on Uber
Replies: 77
Views: 9097

Re: Tips on Uber

I have taken 155 rides and have a passenger rating of 4.76. My average trip costs around $10-11. What would my rating be over the next 150 rides if I tipped $2-$3, 4.95 or so? I would boost my rating to around 4.85 and spend $300-$450. I'll keep the money. I almost NEVER tip Uber drivers and my pas...
by BW1985
Wed Apr 19, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: Tips on Uber
Replies: 77
Views: 9097

Re: Tips on Uber

Nope. There is no option for tipping and I never carry cash.