Search found 431 matches

by rj342
Wed May 22, 2019 8:43 pm
Forum: Personal Consumer Issues
Topic: Is Tesla Going To Survive?
Replies: 99
Views: 7036

Re: Is Tesla Going To Survive?

Relying on that subsidy to continue indefintiely was bad planning, since it is easily seen as a perk for 'rich' people.
by rj342
Wed May 22, 2019 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: What to do when you have enough?
Replies: 31
Views: 4150

Re: What to do when you have enough?

She asked, "When do you eventually use this money?" 1. When do YOU have enough? 2. Do you think about leaving money behind? 3. Do you think about having some legacy tied to your money? 0. Immediately. You've got one life - live it. 1. As soon as I have 25x my annual expenses, which I believe will b...
by rj342
Wed May 22, 2019 4:19 pm
Forum: Personal Consumer Issues
Topic: Best small AWD to 'drive into the ground'
Replies: 87
Views: 6525

Re: Best small AWD to 'drive into the ground'

Re "drive it in to the ground"... Back in the 80s I had a friend in upstate NY who drove an ancient rattle trap Datsun IIRC. Front fender had rusted thru form below and the upper mount for the shock absorber mostly broken so front right collapsed over the wheel. He jacked it up and did some magic wi...
by rj342
Wed May 22, 2019 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Senior management/executives
Replies: 51
Views: 4300

Re: Senior management/executives

smitcat wrote:
Wed May 22, 2019 4:04 pm
I cannot find the PO's statement where this person is clearly identified as a male?
OP says "guys" but thats ambiguous, at least outside of the South :P
by rj342
Wed May 22, 2019 3:57 pm
Forum: Personal Consumer Issues
Topic: How to deal with home upgrades - HELOC or not?
Replies: 23
Views: 1646

Re: How to deal with home upgrades - HELOC or not?

I'm a bit like you, on the lower end of income, cash savings and retirement investments for my age for BH posters. Do have a modest paid off house :o Paid off cars, no credit car card debt etc. I know this is prob sacrilege around here... May not apply to you but with a good credit score (830s) I ha...
by rj342
Wed May 22, 2019 3:40 pm
Forum: Personal Investments
Topic: Early Retirement Bridge Approach
Replies: 18
Views: 2863

Re: Early Retirement Bridge Approach

XtremeSki2001 wrote:
Tue May 21, 2019 3:13 pm
I can only pretend to know what my lifestyle will be at 55. I expect my spending to stay the same as it is today ... house/kids/college will be replaced with cruise/vacation home/hobbits.
Are the hobbits slaves? Or for eating?
by rj342
Wed May 22, 2019 3:34 pm
Forum: Personal Consumer Issues
Topic: College/life prep for young kids
Replies: 79
Views: 6666

Re: College/life prep for young kids

IMO parents overestimate 2 things: 1. How important they are in the future of the kids. Kids are mostly educated by society and themselves. 2. How much kids want to spend time with them. Kids want to be with their peers, not with adults, even less parents. Actually it is very important for sons bec...
by rj342
Wed May 22, 2019 3:24 pm
Forum: Personal Consumer Issues
Topic: College/life prep for young kids
Replies: 79
Views: 6666

Re: College/life prep for young kids

As kids become teens, the close peer group starts to have as much or more influence than parents -- makes sense in evolutionary terms since they will still be their peers when THEIR generation is the adults of the tribe. Punch line -- do what you can early in terms of school, sports teams, church, p...
by rj342
Wed May 22, 2019 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Should I encourage my kids to work in high school/college?
Replies: 224
Views: 13927

Re: Should I encourage my kids to work in high school/college?

Where a teenager finds out where they don't want to end up, or who they don't want to be, or are inspired to achieve. :D This is a big one that I failed to mention. I had one job in particular that made a huge impression on me......that I didn't ever want to have to do that kind of work for the res...
by rj342
Wed May 22, 2019 12:30 pm
Forum: Personal Consumer Issues
Topic: Inexpensive way to gain weight
Replies: 54
Views: 2476

Re: Inexpensive way to gain weight

I don't want to reveal my weight here, but it is much less than some of you are assuming. I'm not looking to go from 155 to 215. I'm not even anywhere near 155! My parents and three grandparents are all skinny, so this is mostly genetic. My doctor mentioned offhandedly that I should probably gain s...
by rj342
Wed May 22, 2019 12:30 pm
Forum: Personal Consumer Issues
Topic: Inexpensive way to gain weight
Replies: 54
Views: 2476

Re: Inexpensive way to gain weight

I don't want to reveal my weight here, but it is much less than some of you are assuming. I'm not looking to go from 155 to 215. I'm not even anywhere near 155! My parents and three grandparents are all skinny, so this is mostly genetic. My doctor mentioned offhandedly that I should probably gain s...
by rj342
Wed May 22, 2019 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Sell condo or rent it?
Replies: 14
Views: 1196

Re: Sell condo or rent it?

... Our agent says the condo is way too nice to rent it out - the renters will destroy it over time. He is recommending to sell it and instead if we want to get into rentals, then buy a cheaper 1 or 2 bed apartment/condo for renting. ... THIS ^^^ There is a fine art to choosing rental property -- t...
by rj342
Wed May 22, 2019 12:11 pm
Forum: Personal Consumer Issues
Topic: Getting Ready for Windows 10
Replies: 28
Views: 2014

Re: Getting Ready for Windows 10

@cheese_breath May I ask why you've decided to stop using Norton? I've been using it successfully for many years and find that its set it and forget it feature is worth the $60/year. Maybe I'm missing something, but I believe it's all inclusive with features for novice users such as myself. It's le...
by rj342
Wed May 22, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Senior management/executives
Replies: 51
Views: 4300

Re: Senior management/executives

Not the same situation, but I had it reinforced the hard way that HR works for the company/c-suite. Those two are technically NOT the same thing, but it doesn't always work that way in reality. Be very careful sticking your head up or making enemies. You don't want to be railroaded out in revenge in...
by rj342
Wed May 22, 2019 11:44 am
Forum: Personal Investments
Topic: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?
Replies: 25
Views: 1191

Re: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?

What is the interest rate on the remaining student debt? Have to confirm but I think it is about 4-5% Another angle -- student loan interest is deductible so paying that would help him a little on his already low taxes. HOWEVER, I can't tell if pre-paying on the loans before payment is required wou...
by rj342
Wed May 22, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Should I encourage my kids to work in high school/college?
Replies: 224
Views: 13927

Re: Should I encourage my kids to work in high school/college?

(As an aside, the supermarket I worked at was a great source of girlfriends while I worked there, but I digress.) Amen! My mom and dad told me the morning of my 16th birthday to go get a job. I loved every minute of it and had some great high school memories with my coworkers. Wife and I worked at ...
by rj342
Wed May 22, 2019 11:07 am
Forum: Personal Investments
Topic: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?
Replies: 25
Views: 1191

Re: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?

I would not do a Roth and would instead pile up cash and pay off the debt when out of school and have a stable job. Oh, and I would stop taking out debt on school. That's my anti-debt statement for the hour. re his debt -- Even state school now is a lot more expensive (inflation adjusted) than in t...
by rj342
Wed May 22, 2019 11:04 am
Forum: Personal Consumer Issues
Topic: Inexpensive way to gain weight
Replies: 54
Views: 2476

Re: Inexpensive way to gain weight

I second the whole milk recommendation, plus preferring some weight training over excessive cardio. You want more protein AND good fats (dairy, butter, olive oil - avoid soybean oil etc), NOT candy and sugary, empty carbs which only spike insulin and makes any weight you gain more likely to preferen...
by rj342
Wed May 22, 2019 10:45 am
Forum: Personal Investments
Topic: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?
Replies: 25
Views: 1191

Re: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?

Find out for certain if interest is accruing on the student debt. Regardless of the issue of interest accruing on the student debt, in my opinion he should make contributions of some size to a Roth IRA. It looks like he may earn enough ("making $15/hr, capped at 30hrs/wk, this past year he just wor...
by rj342
Wed May 22, 2019 9:59 am
Forum: Personal Investments
Topic: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?
Replies: 25
Views: 1191

Re: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?

Subsidized loans do NOT acrue interest while you're in school, nor in the 6 month grace period. That's what makes them subsidized... :oops: I will check. I know the *interest rate* is subsidized, but there are also levels where interest does/does not accrue, and only the *payment* is deferred. Our ...
by rj342
Wed May 22, 2019 9:53 am
Forum: Personal Investments
Topic: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?
Replies: 25
Views: 1191

Re: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?

What I’d recommend is setting some of that money aside to use during the transition he will have next year as he graduates and starts his career. Things like paying a deposit on a place, getting utilities which may also require a deposit and having money available when things pop up during his move...
by rj342
Wed May 22, 2019 9:37 am
Forum: Personal Investments
Topic: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?
Replies: 25
Views: 1191

Re: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?

He can open a Roth for 2019 up until April 15th 2020 so there is no hurry to do that. Disagree a bit, he must start a Roth account now. It need not be a big amount in there, choose a Schwab or Fidelity Roth IRA with just $100, but the idea is to start off a Roth account to start the 5 year clock. A...
by rj342
Wed May 22, 2019 9:35 am
Forum: Personal Investments
Topic: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?
Replies: 25
Views: 1191

Re: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?

About how much money is available to invest or pay off debt? What is his annual income? Is the debt accruing interest? $20-25k in student debt is about the median for a bachelor's degree. He has about $10k saved, should prob save $3k+ this summer. He is making $15/hr, capped at 30hrs/wk, this past ...
by rj342
Wed May 22, 2019 7:59 am
Forum: Personal Investments
Topic: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?
Replies: 25
Views: 1191

Re: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?

After losing a better paying job a couple years ago Ive become very allergic to any debt, beyond maybe intentionally using a 0% maybe once every couple years or so for freedom to let a larger expense ride a few months if needed, ex house painting. Guess Im projecting a bit. And I guess compared to a...
by rj342
Wed May 22, 2019 7:51 am
Forum: Personal Investments
Topic: Taxable account even though cant max out 401k yet?
Replies: 18
Views: 1578

Re: Taxable account even though cant max out 401k yet?

Thanks for that in depth list!
by rj342
Tue May 21, 2019 11:44 pm
Forum: Personal Investments
Topic: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?
Replies: 25
Views: 1191

Re: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?

Yes, that's been a factor too, didn't think too mention it, thanks.
Any thoughts on putting 'excess' money only toward the loan before graduation, or also starting a Roth?
by rj342
Tue May 21, 2019 10:59 pm
Forum: Personal Investments
Topic: $400,000 gift to stepdaughter
Replies: 76
Views: 9004

Re: $400,000 gift to stepdaughter

fru-gal wrote:
Tue May 21, 2019 10:08 pm
If she's responsible, $9k a year does not seem particularly generous.
There are plenty of LCOL places in the country where that is a year's worth of mortgage payments on a small but decent house.
IOW a solid boost -- IF the money actually goes there.
by rj342
Tue May 21, 2019 10:48 pm
Forum: Personal Investments
Topic: Son rising univ senior, has some $$s - pay on loans, start Roth, or both?
Replies: 25
Views: 1191

Son rising univ senior, has some $$s - pay on loans, start Roth, or both?

[Moderator, not sure if this should be in Finance or Investing, feel free to move] Son has accumulated some money after working a couple summers and some during this past year, expecting to work again some during his final year. He will have only modest loans, about $20-25 when done. He has a half t...
by rj342
Tue May 21, 2019 10:23 pm
Forum: Personal Investments
Topic: Taxable account even though cant max out 401k yet?
Replies: 18
Views: 1578

Re: Taxable account even though cant max out 401k yet?

Know of 401k plan includes limit on contribution percentage which prevent fully fund 401k to IRS stated annual limit. Huh, will double check that. I have an interesting 401k in that there is no 'guaranteed' match, but there is also no cap on the match, in that if its 40 or 50 or 70% (which has happ...
by rj342
Tue May 21, 2019 5:13 pm
Forum: Personal Consumer Issues
Topic: Computer speed question which computer is faster and why?
Replies: 22
Views: 1555

Re: Computer speed question which computer is faster and why?

The I7 SHOULD have more processing power / speed. Specifically, you'll get better performance with any / all software and programs that are run with the I7 processor as it has more processing cores and threads at its disposal. The I7 will also support more overclocking and has more cache available ...
by rj342
Tue May 21, 2019 5:09 pm
Forum: Personal Consumer Issues
Topic: Wiper blade replacement
Replies: 30
Views: 2649

Re: Wiper blade replacement

I am on the Gulf Coast ans seem to have the opposite experience with wiper blades, possibly the issue here with the heat. I would usually get one step down from the most expensive. I would swear that they have traded improved [initial] wiping performance for less durability/longevity. I get the stif...
by rj342
Tue May 21, 2019 12:03 pm
Forum: Personal Investments
Topic: Taxable account even though cant max out 401k yet?
Replies: 18
Views: 1578

Re: Taxable account even though cant max out 401k yet?

Expect to be in a lower bracket in retirement so 401k. You're right,I guess the few remaining years to 59-1/2 make 'mid term' bit of a moot point. Comment re investing "tax savings" seems a bit odd. Assuming I have amount X budgeted for expected taxes, then increase 401k contribs, I will 'save' vis ...
by rj342
Tue May 21, 2019 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Payable On Death Account to Complement Will
Replies: 66
Views: 3605

Re: Payable On Death Account as Will Substitute

If he owns a home he needs a will.
Typically a deed has no beneficiary/POD option beyond a home purchased in husband and wife's name automatically going to surviving spouse, protected from probate (in some states, forget the legal term).
by rj342
Tue May 21, 2019 11:14 am
Forum: Personal Investments
Topic: Taxable account even though cant max out 401k yet?
Replies: 18
Views: 1578

Re: Taxable account even though cant max out 401k yet?

I guess thought process would be having some money parked where could get a higher than savings account rate for the mid term? Or just put some extra in my online AMEX "high yield" :annoyed 2.1% savings account and call it a fair trade given no risk. In this context "max out' I mean the full IRS lim...
by rj342
Tue May 21, 2019 11:11 am
Forum: Personal Consumer Issues
Topic: Expensive front load washer/dryer worth it?
Replies: 53
Views: 3476

Re: Expensive front load washer/dryer worth it?

Here on the Gulf Coast I know some people have issues with fighting the tendency of the front load washer to mildew, because by nature of the design the door closes with a tight seal, trapping moisture. Simple solution is to leave the door open, but thats nto very attractive is it? FWIW I still have...
by rj342
Tue May 21, 2019 11:01 am
Forum: Personal Investments
Topic: Taxable account even though cant max out 401k yet?
Replies: 18
Views: 1578

Taxable account even though cant max out 401k yet?

Default advice seems to be: - emergency fund - carry no running credit card debt - 401k/IRA etc - house paid off - taxable accounts Done all these except for the last. Are there any particular reasons to have a taxable account *before* I get to the point of being able to max out my 401k? Being able ...
by rj342
Tue May 21, 2019 10:40 am
Forum: Personal Consumer Issues
Topic: Getting Ready for Windows 10
Replies: 28
Views: 2014

Re: Getting Ready for Windows 10

I would lean toward just adapting to the UI changes in Windows 10 and being done with a small learning curve. BUT you might find this cheap $4.99 tool helpful - makes the StartMenu work like Windows 7 https://www.stardock.com/products/start10/ 30 day free trial, clean uninstall I found older "Start ...
by rj342
Tue May 21, 2019 10:34 am
Forum: Personal Consumer Issues
Topic: Recently promoted - how to match image with title?
Replies: 54
Views: 5063

Re: Recently promoted - how to match image with title?

Guy here. Avoid up talking. Avoid vocal fry. You might work on a "stern voice" in case that's ever needed, striving to avoid the shrill harridan sound. Avoid the fake blonde look at all costs. Subtle enhancement fine. And it is possible to tweak blah brunette hair with a hint of red (never purple!) ...
by rj342
Tue May 21, 2019 10:21 am
Forum: Personal Consumer Issues
Topic: Class action law suits
Replies: 52
Views: 5582

Re: Class action law suits

I see you posted twice. You must really be unhappy with the check you received, having suffered no harm at all. I suppose it is a shame you did not have a Wells Fargo account opened in your name and credit cards opened in your name with adverse consequences to your credit score. Then, perhaps, the ...
by rj342
Mon May 20, 2019 3:37 pm
Forum: Personal Consumer Issues
Topic: Class action law suits
Replies: 52
Views: 5582

Re: Class action law suits

A month ago I got a check for a class action lawsuit settlement against Wells Fargo. I had completely forgotten about it, one of those opt out deals IIRC. I had no harm that I was aware of. The check was for $0.14 Yes, that's not a typo -- FOURTEEN CENTS. No, I did not bother cashing it, darned thin...
by rj342
Mon May 20, 2019 12:44 pm
Forum: Personal Consumer Issues
Topic: Class action law suits
Replies: 52
Views: 5582

Re: Class action law suits

This is 100% true. I am Wells Fargo customer for everyday banking, and I received a payout a month or so ago for a class action lawsuit against them I don't remember. Might have been an opt-out one. I know I never had one of those monkey business accounts opened in my name they got in trouble for. T...
by rj342
Mon May 20, 2019 12:36 pm
Forum: Personal Consumer Issues
Topic: Car repairs: what to do next time
Replies: 42
Views: 2735

Re: Car repairs: what to do next time

I just stuck $1100 into my 2005 Honda Odyssey with 220K miles worth maybe 3K. It was for a worn out ball joint and brakes all around. It has been an extremely reliable vehicle for me the past 10 years or so and even if it goes belly up in 6 months I'll still be out ahead of replacing it with someth...
by rj342
Sun May 19, 2019 6:15 pm
Forum: Personal Consumer Issues
Topic: Microsoft Wireless Display Adapter Alternative?
Replies: 15
Views: 719

Re: Microsoft Wireless Display Adapter Alternative?

You mention a desktop and a laptop. Why not plug the laptop hdmi directly into your tv?
by rj342
Sun May 19, 2019 5:37 pm
Forum: Personal Consumer Issues
Topic: Good quality sneakers for someone with foot issues?
Replies: 37
Views: 3170

Re: Good quality sneakers for someone with foot issues?

I have had very good luck with the New Balance 990 v4. 250lbs with wide feet and some pronation and arches that have sagged over the years. I think a v5 is out now, but you can still find v4s new at a reduced price (still over $100 though). Have read about a lot of heavier people liking the Brooks B...
by rj342
Sun May 19, 2019 5:08 pm
Forum: Personal Consumer Issues
Topic: Replace possible failing tv or not (solved)
Replies: 33
Views: 2553

Re: Replace possible failing tv or not

You will find (if you go to the bigbox store) that HDR (which comes with many 4K TVs) is a real upgrade and makes it worth moving to 4K even if there is not much source material. And if you go...a major cost will be upgrading the cabinet to fit your new, much larger than 42" TV. Because...bigger re...
by rj342
Sun May 19, 2019 5:04 pm
Forum: Personal Consumer Issues
Topic: Replace possible failing tv or not (solved)
Replies: 33
Views: 2553

Re: Replace possible failing tv or not

From what I recall the new 2019 models are already out, coming out in Spring, after Christmas and Super Bowl sales clear out most of the previous cycles inventory. You may see some legit sales going into summer before next fall's football season drives sales.
by rj342
Sun May 19, 2019 4:53 pm
Forum: Personal Consumer Issues
Topic: Guidance to Parents With Kids Majoring Computer Science
Replies: 25
Views: 2463

Re: Guidance to Parents With Kids Majoring Computer Science

I went to a small school no one has heard of for my undergrad, but I use my C.S. classes all the time working as a software engineering. I have trouble believing you've only used one class. Besides the obvious Software Engineering class (SCM, SDLC, etc.) and learning to program (Algorithms and the ...
by rj342
Sat May 18, 2019 2:05 pm
Forum: Investing - Theory, News & General
Topic: Why Are U.S. Asset Prices So High Today?
Replies: 34
Views: 3157

Re: Why Are U.S. Asset Prices So High Today?

Not sure how relevant, but I note that the indirect stimulus provided by abnormally low central bank interest rates, which ultimately pumps up assets, creates problems for older people w a very modes nest egg whhc they keep in things like CDs. Of course regular bank savings acct rates are a joke also.
by rj342
Sat May 18, 2019 2:01 pm
Forum: Personal Investments
Topic: Impact of early semi-retirement on SS when the time comes?
Replies: 15
Views: 1675

Re: Impact of early semi-retirement on SS when the time comes?

Some of the other answers pointed me to some good online calculators. I was asking the question given the official estimates Ive received from SSA assume we keep working at at least our current salaries all the way until take SS. I would really like to throttle back before then if possible, and the ...
by rj342
Sat May 18, 2019 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: A nudge: Shop your insurance around!
Replies: 10
Views: 1333

Re: A nudge: Shop your insurance around!

Not keen on changing every year, but 2 years ago I flipped it all from Allstate to Farmers. Funny how after being taken for granted by the former for 25 years, they started acting real nice AFTER I dumped them. My impetus was having had to get 3rd party hurricane coverage a couple years since they d...