Search found 253 matches

by Liberty1100
Sun May 22, 2016 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Whole Life using your RMD
Replies: 28
Views: 3721

Re: Buying Whole Life using your RMD

Probably to start this discussion, maybe someone can clarify these:

- Would a whole life policy get taxed when it is inherited? What kind of taxes are involved with this?

- Are RMDs (required minimum distributions) are taxed at your Income tax rate (Fed and state?)?
by Liberty1100
Sun May 22, 2016 4:25 pm
Forum: Investing - Theory, News & General
Topic: anyone else unable to make Vanguard's site remember which portal you chose?
Replies: 5
Views: 689

Re: anyone else unable to make Vanguard's site remember which portal you chose?

I have the same problem, except, I have never had it "remember" which one I clicked. It seems like I have to do it every time. One solution, I am sure you will hear from this place, is stop checking your accounts and it will not get annoying. So now with that out of the way, maybe someone ...
by Liberty1100
Sun May 22, 2016 5:31 am
Forum: Personal Consumer Issues
Topic: Which HBO show to watch next?
Replies: 72
Views: 8869

Re: Which HBO show to watch next?

I find Silicon Valley hilarious.
by Liberty1100
Thu May 19, 2016 7:09 am
Forum: Personal Consumer Issues
Topic: $750 repair or buy new [MacBook Pro]
Replies: 48
Views: 10048

Re: $750 repair or buy new [MacBook Pro]

I've had a similar issue with my MacBook Air. I spilled some beer all over the keyboard while djing in college. Well I didn't have any issues for a while until one day, my keyboard arrows stopped working. I found it super annoying. I still had apple care and I took them up on their offer of the $750...
by Liberty1100
Thu May 12, 2016 7:57 am
Forum: Personal Consumer Issues
Topic: Endorsement: Henckels knives
Replies: 32
Views: 5373

Re: Endorsement: Henckels knives

I agree Henckels makes good knives. I have several. My main complaint about Henckels, and other European style knives, is that on many models there is a full bolster (where the metal blade meets the handle). This means that I cannot sharpen the cutting edge all the way through the heel resulting in...
by Liberty1100
Thu May 12, 2016 6:54 am
Forum: Personal Consumer Issues
Topic: Uncooperative insurance company: my car was hit and run.
Replies: 13
Views: 3126

Re: Uncooperative insurance company: my car was hit and run.

You have spent too much time on it already. You need to call your insurance, this is why you have them. Since you know who's fault it is, they will call AFI on your behalf and get your car fixed right, possibly with a rental car. You will not need to bargain or debate with them. I had a similar situ...
by Liberty1100
Thu May 12, 2016 5:26 am
Forum: Personal Consumer Issues
Topic: Endorsement: Henckels knives
Replies: 32
Views: 5373

Re: Endorsement: Henckels knives

I absolutely love my Wusthof knife set . I have found that I rarely have needed to sharpen them. I have used them nearly every day for the past 2 years with no signs of rust of anything (clearly not as long as most people). I have used mineral oil to oil them once to keep them in tip top shape and h...
by Liberty1100
Tue May 10, 2016 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA cannot deduct from Income tax
Replies: 43
Views: 3623

Re: Traditional IRA cannot deduct from Income tax

This is getting me confused. *I thought you could max out your 401k and max out your IRA no matter your income. I didn't know you would loose your IRA deduction. Wouldn't it just be better to invest into a taxable account at that point? So she should invest into a Roth IRA instead of a traditional I...
by Liberty1100
Tue May 10, 2016 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Car purchasing tax reciprocity with Massachusetts
Replies: 28
Views: 4298

Re: Car purchasing tax reciprocity with Massachusetts

It will probably be more simple if you buy the car in MA, since you plan on living there. You can then not worry about transferring insurance, dealing with lease/car payment hassle with the title, and this whole sales tax issue.
by Liberty1100
Tue May 10, 2016 9:21 am
Forum: Personal Consumer Issues
Topic: Noise Reduction
Replies: 59
Views: 8405

Re: Noise Reduction

A rather simple and functional way is to use these heavy black out curtains or similar covering your windows. The thicker and denser they are, the better.
by Liberty1100
Mon May 02, 2016 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: iPad Financial Software
Replies: 10
Views: 1876

Re: iPad Financial Software

Well, if you want something to track your investments, possibly Investment Dashboard 5 works well for me. *I don't have that many investments to worry about.
by Liberty1100
Mon May 02, 2016 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Offer made on house, now accessory apartment is not "legal"
Replies: 16
Views: 3301

Re: Offer made on house, now accessory apartment is not "legal"

I would offer whatever the cost is to make it a "legal" apartment plus a little wiggle room. That may be just expanding a window, or adding a door inside of a window. Maybe ask for some rough bids or rough order of magnitude from some contractors and pick the highest with a little buffer. ...
by Liberty1100
Mon May 02, 2016 7:37 am
Forum: Personal Investments
Topic: Best way to save for future business
Replies: 3
Views: 598

Re: Best way to save for future business

For something like this, I would plan for it the same as if you were saving up for a house (yes,I know you already own on). I would think a lot of the same advice given about saving for a house applies here. Usually I see advice around opening a taxable brokerage account or a Ally Savings account (1...
by Liberty1100
Sun Mar 20, 2016 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Keep or Sell Rental Property?
Replies: 19
Views: 2057

Re: Keep or Sell Rental Property?

Well it doesn't seem like you mind the rental that much. That tiny cashflow now should be great in a year with it growing to $700. Doing that cashflow over the value of 189k, you are making about 3% per month. That's not a bad amount. I like that "passive" amount with you maxing your retir...
by Liberty1100
Thu Mar 17, 2016 11:54 am
Forum: Personal Investments
Topic: locking in my losses
Replies: 18
Views: 2480

Re: locking in my losses

I wouldn't consider them "losses" and look at them in disgust. If you had 13 funds and 4 of them at this current time are down, I would think that may be a win. You had ~70% of your funds be wins (even if it isn't much). In a perfect world, all 13 funds would have increased in value, but n...
by Liberty1100
Wed Mar 16, 2016 6:55 am
Forum: Personal Investments
Topic: Excel geniuses
Replies: 12
Views: 1962

Re: Excel geniuses

I keep my portfolio sheet on Google Drive as a Sheets document. I have it formatted so that it actively updates the prices of the stocks and funds I own, and therefore updating my asset allocation automatically. Only when I buy and sell funds do I have to input that information. The "=GOOGLEFIN...
by Liberty1100
Tue Mar 08, 2016 8:13 am
Forum: Personal Finance (Not Investing)
Topic: A Lost Engineer [Which masters program to pursue?]
Replies: 20
Views: 3825

Re: A Lost Engineer [Which masters program to pursue?]

OP here, Thanks for all of the replies! I don't think I miss college. I just want to further my career and push myself for the better. I do like the suggestion of being a leader on the side to test out my skills. In my current job, I do assist with the management of the techs. I do like it and I do ...
by Liberty1100
Tue Mar 08, 2016 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Rental Properties
Replies: 19
Views: 3276

Re: Rental Properties

A great resource for you might be http://www.Biggerpockets.com . It is a community of landlords, flippers, wholesalers, agents, and money lenders focused on real estate investing. They have a ton of free podcasts, blog articles, and forum posts that can all provide tips, advice, and suggestions to y...
by Liberty1100
Mon Mar 07, 2016 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: A Lost Engineer [Which masters program to pursue?]
Replies: 20
Views: 3825

A Lost Engineer [Which masters program to pursue?]

I'm lost and I'm looking for some input. I need some help deciding hat kind of masters program I should look for? I don't know between the MS in Mechanical Engineering, Masters of Engineering in Mechanical Engineering, or go towards management via a MS in Engineering Management or a MBA. I am three ...
by Liberty1100
Sun Mar 06, 2016 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: New (for me) book
Replies: 1
Views: 395

Re: New (for me) book

Here's a link for faster discussion, What to Do When I Get Stupid: A Radically Safe Approach to a Difficult Financial Era . I have never heard of it. Based on the 24 reviews, I don't think many have. I would think the information found in this book might be less than we might pick up on this forum a...
by Liberty1100
Sun Mar 06, 2016 7:25 pm
Forum: Personal Consumer Issues
Topic: Bread - The Cost and Convenience
Replies: 94
Views: 13203

Re: Bread - The Cost and Convenience

I would expect some of the price counts for spoilage. After a day or two, it is highly noticeable which loaves are fresh and which are "old". That would probably add to the "cost" but not significant though.
by Liberty1100
Sat Mar 05, 2016 12:19 pm
Forum: Personal Consumer Issues
Topic: Treadmill Accessories
Replies: 3
Views: 652

Re: Treadmill Accessories

My dad uses a music stand, like this one , to hold his iPad pro while he "runs" on the treadmill. It holds the weight well and it fairly adjustable for maximum viewing pleasure. He "runs" because I don't count watching an episode on Netflix while you jog slowly very athletically ...
by Liberty1100
Sat Mar 05, 2016 8:39 am
Forum: Personal Consumer Issues
Topic: home weatherization--worth it?
Replies: 28
Views: 4231

Re: home weatherization--worth it?

To really see if it is worth it, I would look at your energy bills. Would amount of reduction in those bills be worth the $4,435 they are quoting?
by Liberty1100
Thu Mar 03, 2016 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce - Splitting Finances
Replies: 25
Views: 3644

Re: Divorce - Splitting Finances

Okay. I say just divide each account and asset in half. Savings: 50%/50% Non-retirement Accounts: 50%/50% 401ks: 50%/50% IRA: 50%/50% Roth IRA: 50%/50% Now for the house, get the appraised estimate of it. If she still wants half, have her pay you for it using the savings and non-retirement accounts....
by Liberty1100
Tue Mar 01, 2016 7:45 am
Forum: Investing - Theory, News & General
Topic: rental income investing
Replies: 50
Views: 6555

Re: rental income investing

from the original post, index funds require low skill. You will get the same return as the market and you can't control that beyond asset allocation. With rental property, you can choose to redo things, choose to charge lower rent, choose to swing for the fences, choose to remodel, choose to do a lo...
by Liberty1100
Tue Mar 01, 2016 6:18 am
Forum: Investing - Theory, News & General
Topic: Could lending club be a Ponzi scheme, evaluating Risks other than typical loan defaults with p2p.
Replies: 24
Views: 4077

Re: Could lending club be a Ponzi scheme, evaluating Risks other than typical loan defaults with p2p.

I put most of my money in index funds, which isn't as exciting. As a way to make me not touch or worry about the index funds, I have been putting away "micro" amounts to Lending Club for "fun" and something to track and analyze (I'm a engineer). Saying that, I don't think LC coul...
by Liberty1100
Tue Feb 23, 2016 8:16 am
Forum: Investing - Theory, News & General
Topic: Investing in Sports
Replies: 13
Views: 2172

Investing in Sports

Hi all, I was listening to Mark Cuban's "How to Win at the Sport of Business" and it got me thinking. A quick search brought me to a semi-related topic dating back to 2009, " Stock in the Saints ," which brings up a link to Wikipedia: List of Publicly Traded Sport Companies . The...
by Liberty1100
Fri Feb 19, 2016 7:39 pm
Forum: Personal Investments
Topic: what do you think of dad's portfolio?
Replies: 5
Views: 1019

Re: what do you think of dad's portfolio?

Do you think you can attach the names of the funds you are looking to invest in?
by Liberty1100
Mon Feb 08, 2016 7:27 am
Forum: Personal Consumer Issues
Topic: Personal property inventory
Replies: 12
Views: 2026

Re: Personal property inventory

* A little side note, I would make sure that list makes its way to a cloud-based storage system like Google Drive, iCloud, or Dropbox. If there was a theft, fire, flood, or something else, it would be a bummer to have created a list, but cannot access it or loose it.
by Liberty1100
Fri Jan 29, 2016 12:52 pm
Forum: Personal Consumer Issues
Topic: Yahoo Finance Alternative Wanted
Replies: 4
Views: 2115

Re: Yahoo Finance Alternative Wanted

I find that Google Finance is very useful and have been using it for years. Have you tried it?
by Liberty1100
Tue Jan 12, 2016 12:00 pm
Forum: Personal Consumer Issues
Topic: Winter running gear suggestions
Replies: 31
Views: 2628

Re: Winter running gear suggestions

Im having the same problem as you and I am interested in some solutions. One think I have found useful in my winter running is a reflective vest. Most of the time, I am running either before work or after, which is when it is dark outside. I bought this reflective vest off of amazon and it has worke...
by Liberty1100
Mon Jan 11, 2016 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Personal and Business Debt
Replies: 7
Views: 812

Re: Personal and Business Debt

Can I suggest that your business may be a great asset? Would you be up to selling part of your business? If the business itself is "stable" and successful, which it sounds like, maybe you can look around for a partner or an investor for a share of it (along with a portion of the profits). ...
by Liberty1100
Tue Dec 15, 2015 5:08 pm
Forum: Personal Consumer Issues
Topic: Use of Nest Thermostat in a non-forced-air (steam radiator) heat system?
Replies: 7
Views: 10145

Re: Use of Nest Thermostat in a non-forced-air (steam radiator) heat system?

The Nest Learning Thermostat should be able to work with that system. To check, carefully pry your thermostat from the wall and look at what wires are connected to what terminals. Enter in that information on Nest's Compatibility checker here . The Nest has a feature called "True Radiant" ...
by Liberty1100
Thu Dec 10, 2015 12:19 pm
Forum: Personal Consumer Issues
Topic: Air duct cleaning estimate - too high?
Replies: 19
Views: 2323

Re: Air duct cleaning estimate - too high?

Why do you get your ducts cleaned? Seems like a money making scam to me. I think that's exactly what the cleaners are trying to do, make money . They aren't going to do it for free. Cleaning of force air ducts are definitely a thing to do every couple of years. It depends on how dusty your lifestyl...
by Liberty1100
Thu Dec 10, 2015 8:30 am
Forum: Personal Consumer Issues
Topic: mailboxes freezing shut?
Replies: 36
Views: 7809

Re: mailboxes freezing shut?

I do not think having your mailbox becoming frozen shut is a real concern. It would be temporary at most.

However, I could see someone's downspout, runoff, or splashes from a nearby puddle could apply a thick coating of ice, but it doesn't seem like the case.
by Liberty1100
Sun Nov 22, 2015 8:46 am
Forum: Personal Finance (Not Investing)
Topic: O.T. School [Occupational Therapy]
Replies: 7
Views: 1032

Re: O.T. School

Good luck! OT school is quite competitive. My girlfriend is a 1st year OT student and I was around when she was getting her interviews for schools. It is definitely great news that she got an interview. - I have heard of interviews where they role-play and one of the interviewer's is a difficult eld...
by Liberty1100
Fri Nov 20, 2015 3:09 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine Recs
Replies: 67
Views: 7995

Re: Espresso Machine Recs

I don't know what all the fuss is about. Just get a Keurig, like the K350.
by Liberty1100
Wed Nov 11, 2015 8:50 am
Forum: Personal Finance (Not Investing)
Topic: About buying existing business
Replies: 11
Views: 1383

Re: About buying existing business

I would think about the Value-Added when you buy it. Is there somethings that you would do differently? Do you have connections or know how to get more out of the current operation?

I would take those into consideration as well.
by Liberty1100
Tue Nov 10, 2015 3:50 pm
Forum: Personal Consumer Issues
Topic: How to sell exercise equipment?
Replies: 30
Views: 7069

Re: How to sell exercise equipment?

I would want to know their name and their number. Text or call that number too and have them respond. Maybe give them your address, but not your unit number. Once they get to your apartment, make sure you are not alone for safety. Also, hide obvious valuables if your very worried and maybe move it c...
by Liberty1100
Fri Nov 06, 2015 7:41 am
Forum: Personal Consumer Issues
Topic: New Car Rear-Ended
Replies: 24
Views: 3160

Re: New Car Rear-Ended

A similar thing happened to me with my new car. You need to look into claiming lost diminished value of your car. Even if it is repaired with Mazda parts, that car is worth less than seconds before the accident. When you sell your car, that accident can come up and the dealer would pay less for it. ...
by Liberty1100
Fri Oct 30, 2015 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Sell or Rent - Request Help with Analysis
Replies: 14
Views: 1323

Re: Sell or Rent - Request Help with Analysis

You should join the biggerpockets.com forums. It is a large community of real estate agents, landlords, property managers, lenders, wholesalers, and everyone in between. Just join for free and read more about it. You should do this even if you are going with a property manager. They have tips on how...
by Liberty1100
Wed Oct 28, 2015 7:55 am
Forum: Personal Consumer Issues
Topic: Thinking of switching from phone to phablet
Replies: 49
Views: 7021

Re: Thinking of switching from phone to phablet

Another solution if you don't like the size too much, would be to get a smartwatch. You could quickly look at notifications and then decide if you should pull out out phone or ignore. I recommend the Moto360 as a cheaper alternative to the Apple Watch.
by Liberty1100
Wed Oct 28, 2015 7:47 am
Forum: Personal Consumer Issues
Topic: science fair project ideas requested
Replies: 36
Views: 4122

Re: science fair project ideas requested

Wearables are a hot topic in science and tech these days. Just look at our smartphones. There are accelerometers, gyroscopes, ambient light sensors, cameras, fingerprint sensors, and now force sensors. I would find it interesting for the student to apply the use of one of these to get an understandi...
by Liberty1100
Fri Oct 23, 2015 10:24 am
Forum: Personal Consumer Issues
Topic: Thinking of switching from phone to phablet
Replies: 49
Views: 7021

Re: Thinking of switching from phone to phablet

I only have a iPhone6, but I know what you mean. If you like the size of the iPhone 6plus, but you don't like how hard it is to get out, you could always pick up a smartwatch. The smartwatch allows you to see your notifications quickly and effortlessly. It would complicate your transition, but it is...
by Liberty1100
Tue Oct 20, 2015 11:36 am
Forum: Personal Consumer Issues
Topic: Northeast Weekend Getaways for November
Replies: 12
Views: 2007

Re: Northeast Weekend Getaways for November

I second Portland, Maine. Another quick stop could be Ogunquit, Maine.
by Liberty1100
Sun Oct 18, 2015 6:57 pm
Forum: Personal Consumer Issues
Topic: Consumer items that are worth the initial investment?
Replies: 110
Views: 18274

Re: Consumer items that are worth the initial investment?

My best "investment" in a consumer item would be a smartwatch. I got the Huawei Watch , which has been working out very well. I find that I save time and effort by not needing to deal with my phone. I used to find myself looking at my phone for time or a simple text. Now my smartwatch prov...
by Liberty1100
Sun Oct 18, 2015 6:34 pm
Forum: Personal Consumer Issues
Topic: TaskRabbit
Replies: 15
Views: 3313

Re: TaskRabbit

I have used UpWork.com, which is a more professional version of Taskrabbit and it has been great. A lot of people like choosing their own little projects and seem to be very enthusiastic.
by Liberty1100
Fri Oct 16, 2015 7:12 am
Forum: Personal Investments
Topic: Real Estate Investment Opportunity - please advise
Replies: 37
Views: 2534

Re: Real Estate Investment Opportunity - please advise

Yes. Supply him with a loan, that is it. He might like that deal as well. He gets to keep the leftover, is encouraged to be finished faster, and you are protected from a declining housing market swing.
by Liberty1100
Sat Sep 12, 2015 6:14 am
Forum: Personal Finance (Not Investing)
Topic: [investing in a cash generating] Business
Replies: 7
Views: 1389

Re: [investing in a cash generating] Business

Why not buying and managing a rental property or two? It sounds like you already have the background to handle the financial end of it, so If you are willing to do the work, it seems like less of a gamble than most of your suggestions. A great resource for you for that is biggerpockets.com. Real es...
by Liberty1100
Wed Aug 12, 2015 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else impatient with their car payments?
Replies: 58
Views: 6618

Re: Anyone else impatient with their car payments?

I feel the same way with my car. I got it for a 5-year loan and have been paying $100-400 more per month to get rid of it.