Search found 253 matches

by Liberty1100
Wed Apr 19, 2017 6:15 am
Forum: Personal Consumer Issues
Topic: Should I purchase Apple Care for my new Apple Watch?
Replies: 25
Views: 7753

Re: Should I purchase Apple Care for my new Apple Watch?

I think it depends on how rough you will be with the watch. I bought the apple care for my series 2 because I am a young guy that's pretty active. This is also the only watch I have besides a very basic Casio watch for when I am on vacation (which this replaces).
by Liberty1100
Tue Apr 18, 2017 2:16 pm
Forum: Personal Consumer Issues
Topic: Security deposit issues upon rental move-out. Or, how do I not get ripped off?
Replies: 39
Views: 3941

Re: Security deposit issues upon rental move-out. Or, how do I not get ripped off?

Ugh, I have had my own renting nightmares. I am glad the OP is happy with his outcome. I think this should serve as a reminder for everyone to know your rights, don't sign anything until you read it (Terms & Conditions included (but quickly, probably), and get everything in writing (photos). Als...
by Liberty1100
Tue Apr 11, 2017 6:04 am
Forum: Personal Finance (Not Investing)
Topic: Selling my condo with owner financing?
Replies: 24
Views: 2707

Re: Selling my condo with owner financing?

If you are wondiering HOW to do it, I recommend Biggerpockets.com. It's a similar community but real restating investment focused and this strategy is common there. My opinion, I would structure it so that they pay you the condo, taxes, and of course, the mortgage payment. Then, if they are late or ...
by Liberty1100
Sun Apr 09, 2017 7:14 am
Forum: Personal Consumer Issues
Topic: Wrap around AC condenser filters
Replies: 2
Views: 578

Re: Wrap around AC condenser filters

I have not tried them, but as an engineer, I am skeptical of them. It might block the airflow across your coil which would rob your system of cooling capacity. However, if lint is always getting sucked on it, that would be just as bad. I wouldn't recommend it for everyone, but if the lint makes a fi...
by Liberty1100
Thu Apr 06, 2017 7:43 am
Forum: Personal Consumer Issues
Topic: use of facebook app on apple I-phone
Replies: 16
Views: 1461

Re: use of facebook app on apple I-phone

I have been living without the facebook app for a while. It wasn't the data, but it was the notifications and the urge to keep checking it that made me want to delete it. My solution was to delete the facebook app and just access it through safari. It is still (stupidly) addicting. I have the facebo...
by Liberty1100
Wed Apr 05, 2017 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Secretly entered two comma club
Replies: 44
Views: 8942

Re: Secretly entered two comma club

Maybe "economies of scale" can help you out! (Sarcasm)
by Liberty1100
Wed Apr 05, 2017 1:10 pm
Forum: Personal Consumer Issues
Topic: Law school-most cost efficient, yet quality, way to get Real Estate law degree?
Replies: 37
Views: 3766

Re: Law school-most cost efficient, yet quality, way to get Real Estate law degree?

Law school is prohibitively expensive and, in most cases, if you don't get a wall street-biglaw type job, your median income is 50k: https://economix.blogs.nytimes.com/2010/07/26/the-two-track-lawyer-market/ I say this as a lawyer. Think twice. There is no such thing as a real estate law degree, an...
by Liberty1100
Wed Apr 05, 2017 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Boston apartment hunting advice/can I afford a studio?
Replies: 48
Views: 5253

Re: Boston apartment hunting advice/can I afford a studio?

bigguy8437 wrote:Ok so I think I found a manageable studio in Jamaica Plain for $1,150 a month with utilities included.
Nice find. It seems like you are on a good path.
by Liberty1100
Wed Apr 05, 2017 10:16 am
Forum: Investing - Theory, News & General
Topic: I don't understand how commercial real estate making money
Replies: 41
Views: 5852

Re: I don't understand how commercial real estate making money

I'm not a professional in this industry, but I have a feeling that there are some benefits with regards to depreciation for tax purposes, and having vacant space write offs. I may be wrong. I think this is kind of the wrong way to think about it. Tax write offs means that that investment is losing ...
by Liberty1100
Fri Mar 31, 2017 2:52 pm
Forum: Investing - Theory, News & General
Topic: I don't understand how commercial real estate making money
Replies: 41
Views: 5852

Re: I don't understand how commercial real estate making money

2. its cash-flow lending, you can always continue to improve the property, get more rents out of it, and increase its value/equity, keep doing this and one day you will have 0 equity in the property even at 70 or 60% LTV, and the property will generate healthy cash flow for you I would like to know...
by Liberty1100
Fri Mar 31, 2017 2:49 pm
Forum: Investing - Theory, News & General
Topic: I don't understand how commercial real estate making money
Replies: 41
Views: 5852

Re: I don't understand how commercial real estate making money

Sears is going out of business, Macy's is closing stores, JC Penney's is closing stores. Eventually as the older generations less comfortable with internet shopping die off there will be even less demand for brick and mortar. I know I certainly almost never buy in brick and mortar unless I need som...
by Liberty1100
Thu Mar 30, 2017 1:22 pm
Forum: Personal Consumer Issues
Topic: Two iPhones, one iCloud account, ring just one phone
Replies: 10
Views: 8138

Re: Two iPhones, one iCloud account, ring just one phone

Does this happen when just one is called? Maybe call forwarding is enabled on one of them.

Otherwise, follow these instructions:
Disabling the FaceTime iPhone Cellular Call Feature on Each iPhone

I hope she enjoys the new phone!
by Liberty1100
Thu Mar 30, 2017 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Boston apartment hunting advice/can I afford a studio?
Replies: 48
Views: 5253

Re: Boston apartment hunting advice/can I afford a studio?

As a renter in boston, I hate renting in Boston. Over the years, I have needed to see a lawyer to get a landlord to act like he should, have seen other commercial landlord companies take complete advantage on foreign students. I toured a place where four foreign students were living where they had l...
by Liberty1100
Fri Mar 24, 2017 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: What online bank do you use?
Replies: 99
Views: 18462

Re: What online bank do you use?

I'm an Ally guy as well. I haven't had any problems, but I warn that they are online which makes cash deposits painful.
by Liberty1100
Thu Mar 23, 2017 12:52 pm
Forum: Investing - Theory, News & General
Topic: 401k access at 55 vs 59.5
Replies: 12
Views: 2017

Re: 401k access at 55 vs 59.5

-Made as part of a series of substantially equal periodic payments beginning after separation from service and made at least annually for the life or life expectancy of the participant or the joint lives or life expectancies of the participant and his or her designated beneficiary. (The payments un...
by Liberty1100
Thu Mar 23, 2017 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Supplemental/Passive Income
Replies: 7
Views: 1213

Re: Supplemental/Passive Income

At your age (just two years ago), I thought passive income was what I was looking for. I found that if I spent more time focused on my "day" job, investing into myself, I have increased my salary and my future well-being more than any passive $100/month or whatever gimmick is out there now...
by Liberty1100
Mon Mar 20, 2017 7:38 am
Forum: Personal Investments
Topic: Rental Property
Replies: 9
Views: 1409

Re: Rental Property

I second biggerpockets.com, but I warn you that they seem to wear rose-colored glasses sometimes. I recommend picking up: 1) The Book on Rental Property Investing: How to Create Wealth and Passive Income Through Intelligent Buy & Hold Real Estate Investing! - It provides you with everything arou...
by Liberty1100
Fri Feb 17, 2017 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: How to handle perks getting cut after renegotiation of salary.
Replies: 6
Views: 1100

Re: How to handle perks getting cut after renegotiation of salary.

Instead of getting a $20,000 raise, you effectively getting a $12,000 raise. You should think about that job offer you passed on. If you received that offer again, would you take it vs this $12,000 raise? From the frustration I am sensing from your post, it seems like you would have taken that job o...
by Liberty1100
Mon Feb 13, 2017 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Car accident - at-fault driver's insurance dragging their feet
Replies: 22
Views: 5438

Re: Car accident - at-fault driver's insurance dragging their feet

No need for attorney here. Your insurance company with do that for you if you ask. You are paying for their services even if you don't "go through" them.
by Liberty1100
Mon Feb 13, 2017 6:33 pm
Forum: Personal Investments
Topic: How & when to sell lots of a single stock with huge capital gains
Replies: 40
Views: 7691

Re: How & when to sell lots of a single stock with huge capital gains

My parents had the opportunity to purchase some Facebook stock very early in the company's history, long before they went public. That stock is now worth a high six-figure amount, and because the cost basis was pennies per share, nearly that entire amount represents capital gains. They recognize it...
by Liberty1100
Mon Feb 13, 2017 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Car accident - at-fault driver's insurance dragging their feet
Replies: 22
Views: 5438

Re: Car accident - at-fault driver's insurance dragging their feet

First, make sure your mom is 100% okay. If she has some sort of whiplash or bruised or possible fractured bones that she discovered a day or two later, make sure you take note and see a doctor about it. Doctor's notes are very good evidence if you need their insurance to pay up for injuries. Second,...
by Liberty1100
Mon Feb 13, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Need quick advice: Pay full year's rent or large security deposit?
Replies: 47
Views: 3537

Re: Need quick advice: Pay full year's rent or large security deposit?

[Post content removed by admin LadyGeek] Let me just express the view that apartment rents can be very high for those just starting out in such an area. There can be little time and information, as well, in finding safe and acceptable housing. When starting a new position, especially as a young per...
by Liberty1100
Mon Feb 13, 2017 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Need quick advice: Pay full year's rent or large security deposit?
Replies: 47
Views: 3537

Re: Need quick advice: Pay full year's rent or large security deposit?

Be sure to search for tenants' rights laws for that city and state.<br class="dp1487014227_text" __decreased__="element1487014227"><br class="dp1487014227_text" __decreased__="element1487014227">In HCOL Boston, for example, it is illegal for a landlord to req...
by Liberty1100
Sun Feb 12, 2017 1:00 pm
Forum: Forum Issues and Administration
Topic: [Bogleheads Sites Are Ad-Free]
Replies: 45
Views: 7589

Re: [Bogleheads Sites Are Ad-Free]

CASE STUDY: I did a little research but I am sure the hosts can probably provide a better estimate of how many page views this site gets per day: Siteworthtraffic.com estimates 33,024 page views per day. Similarweb.com estimates 84,000 page views per day. statshow.com estimates 21,264 page views per...
by Liberty1100
Sun Feb 12, 2017 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Job Question - Stay or Go
Replies: 17
Views: 2431

Re: Job Question - Stay or Go

Why don't you spend a little time looking around and actually gauge how much you are worth on the open market? Personally, I would not work that much unless if it was for far more than you are making, but that is me. I would take this advice and run with it. You are questioning your worth. How abou...
by Liberty1100
Wed Feb 08, 2017 1:06 pm
Forum: US Chapters
Topic: Amazon Smile: John C Bogle Center
Replies: 23
Views: 7162

Re: Amazon Smile: John C Bogle Center

For those following this, from this discussion, I developed the following page for Boglecenter.net describing the Amazon Smile program and how it benefits the Center.

I'm taking feedback on how to describe the program better. Feel free to PM me.
by Liberty1100
Wed Feb 01, 2017 7:23 pm
Forum: US Chapters
Topic: Amazon Smile: John C Bogle Center
Replies: 23
Views: 7162

Re: Amazon Smile: John C Bogle Center

I couldn't find more about the JOHN C BOGLE CENTER FOR FINANCIAL LITERACY from a quick google search. Can someone provide more information about it?
by Liberty1100
Wed Feb 01, 2017 2:02 pm
Forum: Personal Investments
Topic: Strategy for upcoming $3M windfall
Replies: 60
Views: 13025

Re: Strategy for upcoming $3M windfall

I like the simplicity of using the windfall to pay off the mortgage, while making sure you maximize your tax-advantaged accounts. I disagree. With a 2.75% interest rate and the tax deduction from the interest effectively making it a lower rate, I wouldn't use the windfall to pay down the mortgage, ...
by Liberty1100
Thu Jan 19, 2017 4:01 pm
Forum: Personal Consumer Issues
Topic: should I scrap my car after this accident
Replies: 23
Views: 2956

Re: should I scrap my car after this accident

You might be able to get a diminished value claim, definitely worth looking into. I agree with this. Because your car was in an accident that was not your fault (I assume), you are owed additional money on top of the repair due to the lowered resale value of your car. I hope you have a paper copy o...
by Liberty1100
Thu Jan 19, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: Toaster Oven Recommendations
Replies: 48
Views: 8956

Re: Toaster Oven Recommendations

My toast oven is on it's last legs too. It has been burning my toast more and more each day for the same amount of time and the buttons are wearing out. We have had it for 10 years, i think, and we use it for toast and for roasting veggies once and a while. As I have done some research recently to p...
by Liberty1100
Tue Jan 17, 2017 7:05 am
Forum: Personal Consumer Issues
Topic: Durable photo printer ?
Replies: 43
Views: 3817

Re: Durable photo printer ?

I would say take a look at the HP Photosmart D110A Wireless Printer . I think it is the quality that you want and has the ability to print from your smartphone or tablet, which I feel like is how most people take photos these days. The ink, HP60, is only $48, which is average for such printers. I th...
by Liberty1100
Mon Jan 16, 2017 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: New startup business: Tax Deductions?
Replies: 3
Views: 459

Re: New startup business: Tax Deductions?

According to MileIQ :
"a special tax rule allows you to deduct up to $5,000 in start-up expenses the first year you are in business. Then, you can deduct the rest, if any, in equal amounts over the next 15 years. (I.R.C. § 195.)"
by Liberty1100
Mon Jan 16, 2017 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Landlord for first time - tips and things to know?
Replies: 44
Views: 6502

Re: Landlord for first time - tips and things to know?

Wow. This is a gold mine of great tips and advice. I would like to add another vote towards biggerpockets.com . It is just a great free resource for landlords and investors. This online real estate community have put out several books fairly recently that will have answers to your questions: (I rank...
by Liberty1100
Tue Dec 20, 2016 8:34 am
Forum: Personal Consumer Issues
Topic: The True Cost of Owning a Dog
Replies: 176
Views: 24485

Re: Cost of dog ownership.

I think you also forgot to include the lost of resale value in your home or the increase rent you had to pay. Dogs typically scratch hardwood floors and sometimes urinate on the carpets. When a potential buyer walks through your house, they could be allergic, notice a smell, or notice the worn floor...
by Liberty1100
Wed Dec 14, 2016 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: 529 to pay for Grad School While In it
Replies: 8
Views: 1263

Re: 529 to pay for Grad School While In it

Thanks for the replies. I'm single, so it would be just the $1,000 of it to be deductible. Starting January 1st, can I open and fund a 529, then wait a couple weeks, and withdraw it to pay for my tuition? Would I still get the tax benefit even if I didn't keep it in the fund for 1 year? Where can I ...
by Liberty1100
Wed Dec 14, 2016 8:27 am
Forum: Personal Finance (Not Investing)
Topic: 529 to pay for Grad School While In it
Replies: 8
Views: 1263

529 to pay for Grad School While In it

Upon reading another recent post, https://www.bogleheads.org/forum/viewtopic.php?f=2&t=205331&newpost=3148822 , I came across the idea of using a 529 college saving account to save for graduate school and also quickly using it for my tuition payments. Can you guys help me navigate through th...
by Liberty1100
Sun Dec 11, 2016 10:04 am
Forum: Personal Consumer Issues
Topic: Amazon Echo, Echo Dot, and Tap are on sale again
Replies: 12
Views: 1782

Re: Amazon Echo, Echo Dot, and Tap are on sale again

Since you guys seem into those kind of things, what's the difference between those three models?
by Liberty1100
Sun Nov 13, 2016 12:05 pm
Forum: Personal Investments
Topic: Lifestrategy Growth vs. Underlying Funds
Replies: 4
Views: 1459

Re: Lifestrategy Growth vs. Underlying Funds

I recently went from those underlying funds to the LifeStrategy and target retirement funds solely based on reducing the time it takes to manage. I kept needing to log into my vanguard account every other week to determine which funds I should buy with my latest deposit. I was influenced by the news...
by Liberty1100
Thu Nov 03, 2016 11:15 am
Forum: Personal Investments
Topic: Rental Property Refinance
Replies: 11
Views: 975

Re: Rental Property Refinance

One way to think about this would be to calculate what kind of return would you be getting on your money. If you put in that 6K of cashflow into the mortgage. You would be paying down your low interest mortgage. After 25 more years or when you sell, you'll see that effect. If you put that 6K into ot...
by Liberty1100
Mon Oct 03, 2016 4:42 am
Forum: Personal Finance (Not Investing)
Topic: Books on owning rental propertys for begginers
Replies: 4
Views: 1254

Re: Books on owning rental propertys for begginers

Biggerpockets.com is a great resource for rental property investing. They have active forums, a great weekly podcast that has been going on for years, and they have released several books. I would read these books in this order: 1) The Book on Rental Property Investing: How to Create Wealth and Pass...
by Liberty1100
Mon Sep 12, 2016 7:11 pm
Forum: Personal Investments
Topic: Roth IRA and income
Replies: 5
Views: 1013

Re: Roth IRA and income

I believe you could always withdraw contributions from the Roth without penalties. You receive the penalties when you withdraw the earnings.
by Liberty1100
Mon Sep 12, 2016 7:09 pm
Forum: Investing - Theory, News & General
Topic: Amplitrade - Have you heard of them?
Replies: 8
Views: 8766

Re: Amplitrade - Have you heard of them?

Its just so tempting!

You can easy fabricate a track record and make yourself look really good. They don't say much what their algorithm uses to calculate the ten stocks.
by Liberty1100
Sun Sep 11, 2016 8:38 pm
Forum: Investing - Theory, News & General
Topic: Amplitrade - Have you heard of them?
Replies: 8
Views: 8766

Amplitrade - Have you heard of them?

I was purusing my Facebook timeline tonight and I stumbled upon a Facebook ad for Amplitrade , a very non-boglehead thing. It is a company that supplies an email newsletter showing 10 stocks they recommend each month. To use their methodology, you would buy the 10 stocks they recommend and sell the ...
by Liberty1100
Tue Aug 16, 2016 5:53 pm
Forum: Personal Consumer Issues
Topic: The True Cost of Owning a Dog
Replies: 176
Views: 24485

Re: The True Cost of Owning a Dog

With the heat this summer, do you find that you have to keep the AC on or lower when you and your family is at work/school? What about the winter? Do you have any reasonable estimates about that extra cost?
by Liberty1100
Thu Jun 09, 2016 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Are Rentals As Bad As Some Make Them Out To Be?
Replies: 66
Views: 9102

Re: Are Rentals As Bad As Some Make Them Out To Be?

I totally recommend BiggerPockets. I listen to their podcasts, read blog posts/articles, and participate on their forum, all for free. If you asked those guys, you have have a complete reversal and your next purchase would be rental. I think what is holding me back is my career development and enter...
by Liberty1100
Sat Jun 04, 2016 5:50 am
Forum: Personal Investments
Topic: Lending Club desperate for investors?
Replies: 87
Views: 13254

Re: Lending Club desperate for investors?

A couple months ago, I dumped in a couple hundred to test it out. I'm getting an adjusted annualized rate of return of 16.63% and a non-adjusted being 19.28%. I have had two people fully pay back there loan in the first few months, and one guy is always paying late. I think the difference might be t...
by Liberty1100
Tue May 31, 2016 3:58 am
Forum: Personal Finance (Not Investing)
Topic: Sell Rental to Pay Off House?
Replies: 23
Views: 2845

Re: Sell Rental to Pay Off House?

Wait, are you loosing $150 a month I this property? Ouch. Maybe it's worth refinancing to get cash flow then.
by Liberty1100
Sat May 28, 2016 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Emergency Fund Questions
Replies: 3
Views: 404

Re: Roth IRA Emergency Fund Questions

FYI: Read Bullet 4 "Are Distributions Taxable ?" :happy https://www.irs.gov/publications/p590b/ch02.html Thanks, but I don't think that really helps me. I understand that I cannot withdraw my "earnings" as a distribution until I reach a certain age or I have to pay an additional...
by Liberty1100
Sat May 28, 2016 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Emergency Fund Questions
Replies: 3
Views: 404

Roth IRA Emergency Fund Questions

I'm thinking of executing the "Roth IRA as Emergency Fund" strategy as detailed here: https://www.bogleheads.org/wiki/Roth_IRA_as_an_emergency_fund - I started my Roth IRA just a year or two ago. - I make mid-60s and am only 25 years of age. - I do have an emergency fund already sitting in...
by Liberty1100
Sun May 22, 2016 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Tenant stops paying rent and refuses to show the house for prospective buyers
Replies: 43
Views: 13428

Re: Tenant stops paying rent and refuses to show the house for prospective buyers

1. Do NOT use a legal zoom lease. Consult a real estate lawyer and make sure you include a clause for eviction if the tenant does not pay and include late fees for leverage. The $200-250 fee to draw up a lease that YOU want is worth every penny. I just want to point out, state laws for things like ...