Search found 3303 matches

by tim1999
Thu Mar 02, 2017 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Looking for advice with severance pkg - little overwhelmed
Replies: 46
Views: 4233

Re: Looking for advice with severance pkg - little overwhelmed

When do you need to make a decision? As long it's not, say, tomorrow, start applying for similar jobs elsewhere and see what kind of response you get.
by tim1999
Thu Mar 02, 2017 9:04 am
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 13174

Re: risk of my Tesla deposit

I would never get that worked up over a $1,000 deposit on a car. However, I would never put a deposit on a car that doesn't exist yet, is promised years from now, from a company with shaky financials.
by tim1999
Wed Mar 01, 2017 7:33 pm
Forum: Investing - Theory, News & General
Topic: Paul Kangas passed away
Replies: 23
Views: 4227

Re: Paul Kangas passed away

My father, who had no interest in any "investment" other than bank CD's for probably the first 35 years of his adulthood, started watching Paul Kangas on PBS for a few years and somehow became interested in investing in equities as a result. Looking at how his risk-appropriate portfolio ha...
by tim1999
Thu Feb 23, 2017 6:59 pm
Forum: Personal Consumer Issues
Topic: Best fencing for a dog
Replies: 35
Views: 2414

Re: Best fencing for a dog

I am a fan of fixed fences, tall enough that the dog can't jump over it when reaching mature size. This would also keep many "nuisance" animals out of the yard and away from the dog as well. When I was a kid, our neighbors had an above-ground electric wire fence, but I think this is too ri...
by tim1999
Thu Feb 23, 2017 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Father runs an empire at age 80; not my business?
Replies: 18
Views: 4412

Re: Father runs an empire at age 80; not my business?

I once worked for one of these "empire owners" in his late 70s. Eventually he realized the day was going to come when he could not drive, would have less physical mobility, lessened mental capacity, etc. Not wanting to burden his survivors with selling or dismantling a fairly complicated b...
by tim1999
Thu Feb 23, 2017 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: How to help a friendly business with office space?
Replies: 23
Views: 1942

Re: How to help a friendly business with office space?

I'd stay out of it. Too many things that can go wrong. Maybe hook them up with an experienced commercial real estate broker who can find them a lease at a more reasonable rent that is efficient in terms of utilities. Or you buy a building and lease it to them. If you do the latter, get a real estate...
by tim1999
Thu Feb 23, 2017 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Honda: buy new or used?
Replies: 29
Views: 1946

Re: Honda: buy new or used?

I would buy new for Honda & Toyota. Saving a couple grand isn't worth it to me when I have no idea what kind of stupid stuff the prior owner may have done with or to the car. Mercedes, BMW, etc? The depreciation is enough in the first 3 years that it makes more sense to buy a used CPO car, the l...
by tim1999
Thu Feb 23, 2017 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Rent or Sell House When Relocating?
Replies: 3
Views: 644

Re: Rent or Sell House When Relocating?

I decided I didn't want to be an absentee landlord from hours away, and didn't want to pay a management company a monthly fee to do a half-messed up job of managing it. So I sold and moved on.
by tim1999
Thu Feb 23, 2017 3:52 pm
Forum: Personal Consumer Issues
Topic: Do you replace your electrical switches/outlets or use an electrician?
Replies: 93
Views: 7036

Re: Do you replace your electrical switches/outlets or use an electrician?

No. Any electrical work in my house gets farmed out to a contractor.
by tim1999
Wed Feb 22, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: Purchasing 1 acre, building custom home in Cedar Hills, Texas
Replies: 27
Views: 3472

Re: Purchasing 1 acre, building custom home in Cedar Hills, Texas

You can't afford to build a custom home, and assuming you are single, 2,500+ square feet is way more house than you need. And if they have deed restrictions dictating minimum house size, you sure as heck aren't going to be allowed to put a mobile home on it. I don't live in TX but in my area there a...
by tim1999
Tue Feb 21, 2017 5:42 pm
Forum: Personal Consumer Issues
Topic: Car Lease - Need Advice
Replies: 18
Views: 2136

Re: Car Lease - Need Advice

Don't bother trying to negotiate the residual, it is almost always a set percentage of MSRP dictated by the manufacturer's leasing arm that the dealer has no control over. Same for money factor, except that some manufacturers allow you to put up multiple security deposits to effective bring down the...
by tim1999
Mon Feb 20, 2017 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Mother-in-law Financial Problems
Replies: 20
Views: 2834

Re: Mother-in-law Financial Problems

Does she have any equity in this house that would be freed up if she sold it?
by tim1999
Mon Feb 20, 2017 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: How do I buy a building lot from current owner ...
Replies: 18
Views: 1837

Re: How do I buy a building lot from current owner ...

Most title insurance company branches can prepare a simple deed and handle the closing transaction. If you get title insurance, they will do the search, check for liens, and file the deed and transfer tax forms with the county. They will deal with pro-rating the property taxes, flood zone searches, ...
by tim1999
Mon Feb 20, 2017 5:52 pm
Forum: Personal Consumer Issues
Topic: Tesla Model X Review, 2 Months In
Replies: 42
Views: 6257

Re: Tesla Model X 2 Months Review

I have yet to see any of these on the road yet. I do see a "S" model every few days though. Sounds like a total lemon. As another poster mentioned, this is why I am not an early adopter of technology and almost never buy a car in it's first model year.
by tim1999
Mon Feb 20, 2017 5:41 pm
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 369
Views: 33956

Re: Your USER NAME...what does it mean?

I prefer to keep it a mystery.
by tim1999
Mon Feb 20, 2017 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on girlfriend debt/finances
Replies: 82
Views: 8792

Re: Need advice on girlfriend debt/finances

NEVER pay down the debts of someone you aren't married to. As a professional man I told myself I could never marry someone who did not have a professional-type job. To each their own though. She should be making some kind of contribution to the cost of the roof over her head. When my then-girlfriend...
by tim1999
Mon Feb 20, 2017 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Another can we afford home thread!
Replies: 50
Views: 4124

Re: Another can we afford home thread!

pdanet wrote:
DW contributes about 70K of the 175K income and we are hoping that in another 5 yrs we can pay down as much mortgage as possible with DW's income.


I would put the proceeds from the old house into the new house, so that once your wife stops working, you can afford the payments on a 100k income.
by tim1999
Mon Feb 20, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Another can we afford home thread!
Replies: 50
Views: 4124

Re: Another can we afford home thread!

How much of that $175k income is attributable to your wife? If it's a lot, and she plans on leaving that income in a few years, this plan doesn't make sense to me. Other than a shorter drive to schools, what are you getting with this new house? 2400 square feet is plenty for 4 people unless it's a w...
by tim1999
Mon Feb 20, 2017 10:43 am
Forum: Personal Consumer Issues
Topic: Anyone have a house keeper ("Mommy's" helper)?
Replies: 23
Views: 2835

Re: Anyone have a house keeper?

No. We have a house cleaner who visits every two weeks and that's it. Not having kids means there wouldn't be a whole lot of a house keeper to do.
by tim1999
Sun Feb 19, 2017 9:39 am
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 19838

Re: Why do you go to restaurants?

Another reason why I like to go out. My significant other can't cook a steak right. Despite our preferences for "medium" temperature, it always comes out like shoe leather, and still covered in blood, for reasons unknown. Anytime we are in the mood for steak, I will gladly offer to go to a...
by tim1999
Sun Feb 19, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: Dashcam recommendations
Replies: 26
Views: 4009

Re: Dashcam recommendations

The second problem that bothers me is due to the murky wording of the law which says you can only save 30 seconds of video before and after a "triggering event". This camera and all others I have checked record continuously in short segments that overwritten unless marked protected due to...
by tim1999
Sat Feb 18, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Life insurance policy on kids - prudent?
Replies: 35
Views: 2889

Re: Life insurance policy on kids - prudent?

Agree with the others, unless the child is earning a huge income in the entertainment industry, or is pre-disposed to some medical condition down the road that would make them uninsurable later, insuring the child's life is a waste of money. Since they otherwise aren't producing any income that you ...
by tim1999
Sat Feb 18, 2017 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Best way to get rid of lot of land?
Replies: 37
Views: 6440

Re: Best way to get rid of lot of land?

You could stop paying property taxes on it, and the taxing authority may eventually take the land from you after putting years of liens on it. The laws regarding this vary from state to state. Consulting a local real estate attorney may be helpful. I doubt the county would agree to take it off your ...
by tim1999
Sat Feb 18, 2017 10:05 am
Forum: Personal Consumer Issues
Topic: Long Day Trip: Drive Old Car or Rent Car?
Replies: 59
Views: 4690

Re: Long Day Trip: Drive Old Car or Rent Car?

For that price ($17.50 including everything except gas) I'd rent. I don't know the reliability history of your specific old Corolla, but having a breakdown 100+ miles from home is a huge headache. It's worth a few bucks to me to drive a different and almost-new car for a weekend anyway. I'd be more ...
by tim1999
Thu Feb 16, 2017 5:50 pm
Forum: Personal Consumer Issues
Topic: Anxiety about buying used car
Replies: 50
Views: 4375

Re: Anxiety about buying used car

The smoker car thing can be tricky. I once bought a used car that was only a year old, and I noted at the time of purchase that the car had a very strong new car smell, even a year later. Well that turned out to just be a smoke cover-up "perfume" smell the dealer put in the car to sell it....
by tim1999
Thu Feb 16, 2017 10:17 am
Forum: Personal Consumer Issues
Topic: GL450 CPO vs. Q7 New
Replies: 10
Views: 1249

Re: New or CPO luxury SUV?

Mercedes-Benz depreciation is horrible in the first 3 years, leading to good pricing on CPO vehicles. The CPO warranty is good and can be extended for additional cost. CPO is a far better deal than buying new, especially if you can find one with low mileage that has been treated gently. As long as y...
by tim1999
Wed Feb 15, 2017 8:53 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 35816

Re: Tesla Model 3 or Chevy Bolt?

I am starting to see Tesla superchargers show up at random non-highway locations now. They just installed one at the local casino, for example.
by tim1999
Tue Feb 14, 2017 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Private home sale (without agents): Where to start with price?
Replies: 34
Views: 2438

Re: Private home sale (without agents): Where to start with price?

I would want to get an appraisal from an appraiser who has no connection to the seller but who is familiar with the specific area. I don't know the standards of practice for appraisers (I'm assuming this neighbor is a licensed appraiser - if not, even worse) but I suspect it may be a conflict of int...
by tim1999
Tue Feb 14, 2017 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Please help! Father is addicted to Timeshares
Replies: 19
Views: 2935

Re: PLEASE HELP! Father is addicted to TIMESHARES

I'm not a lawyer, but is there any chance he can default on the credit card payment to pay for these? In that affect, wouldn't the bank essentially "own" the timeshare? Would filing for bankruptcy be at all helpful by chance? We are talking 5 instances of buying these 10-15k timeshares ac...
by tim1999
Tue Feb 14, 2017 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Please help! Father is addicted to Timeshares
Replies: 19
Views: 2935

Re: PLEASE HELP! Father is addicted to TIMESHARES

My understanding with timeshares is that after you pay for the initial purchase, it becomes a worthless liability unless you actually plan on using it to the fullest extent. The 40k your dad paid is a sunk cost and likely cannot be recovered in any significant portion. At this point he should either...
by tim1999
Tue Feb 14, 2017 3:44 pm
Forum: Personal Consumer Issues
Topic: Scary bed bug addendum on lease - should I walk away?
Replies: 30
Views: 4477

Re: Scary bed bug addendum on lease - should I walk away?

I asked the leasing agent and was told that the language on the lease cannot be changed. The low-paid leasing agent may have just told you this because they didn't feel like getting their corporate legal counsel or their boss involved...easier just to say "no it cannot be changed, take it or l...
by tim1999
Tue Feb 14, 2017 2:55 pm
Forum: Personal Consumer Issues
Topic: Scary bed bug addendum on lease - should I walk away?
Replies: 30
Views: 4477

Re: Scary bed bug addendum on lease - should I walk away?

In the event that multiple units get bedbugs around the same time, this language does not provide a concrete method or process for determining who was the initial offender that has to pay for everything. You could get blamed for a neighbor's problem if you speak up about it before they do. I would n...
by tim1999
Tue Feb 14, 2017 1:41 pm
Forum: Personal Consumer Issues
Topic: New cars or Pool?
Replies: 65
Views: 5626

Re: New cars or Pool?

I would just get a membership to either a public or private pool. The cars are going to die someday and will need to be replaced eventually. Here in PA, a pool adds nothing to the value of a house, in fact many see it as a negative. When I see a house with a pool for sale, my first thought is "...
by tim1999
Tue Feb 14, 2017 1:30 pm
Forum: Personal Consumer Issues
Topic: Question on car leases
Replies: 12
Views: 1279

Re: Question on car leases

How do car leases work in terms of the buy out? Never having had one (I've only financed) but now considering one, I'm most interested in whether the dealer gives the buy-out number up front, or whether it is variable. The residual/buy-out value is set at the inception of the lease. The price of th...
by tim1999
Tue Feb 14, 2017 1:23 pm
Forum: Personal Consumer Issues
Topic: Question on car leases
Replies: 12
Views: 1279

Re: Question on car leases

Are you sure there are no fees to buy out the "lease" when it comes time? These great deals sometimes have buried fees and gotchas. This happened to me on a furniture discount purchase deal back when. I bet there are others. Good Luck. You have to read the lease contract carefully. On the...
by tim1999
Mon Feb 13, 2017 8:48 pm
Forum: Personal Consumer Issues
Topic: Which luxury auto brand depreciates the most?
Replies: 38
Views: 5516

Re: Which luxury auto brand depreciates the most?

My dad is looking at a 2014 Mercedes E350, 24k miles, CPO car. Original MSRP was $62k and change. Dealer is asking $33k, comes with the balance of the factory warranty and additional CPO warranty after that. The car is in mint condition. That's a good deal in my book, especially if you can beat the ...
by tim1999
Mon Feb 13, 2017 5:15 pm
Forum: Personal Consumer Issues
Topic: New cars with turbo-4 engines -- good idea to buy?
Replies: 36
Views: 7332

Re: New cars with turbo-4 engines -- good idea to buy?

If you are looking for a new car with a non-turbo V6, you had better hurry, they are going away quick. Don't wait 3-4 years as they will probably mostly be gone. Even now you can sometimes only get the regular V6 on higher trim levels if at all.
by tim1999
Mon Feb 13, 2017 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Is 130k a good salary in IT?.
Replies: 40
Views: 7602

Re: Is 130k a good salary in IT?.

Where I live (average COL area) at my non-technology megacorp $130k is pretty much beyond the maximum of the pay grade for any IT individual contributor job. To be solidly at that level or higher you need to be in IT middle management with direct reports or higher.
by tim1999
Mon Feb 13, 2017 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Car accident - at-fault driver's insurance dragging their feet
Replies: 22
Views: 2509

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

When I was rear-ended, I did not have rental car coverage. I went through my insurance company and they got the other driver's company to pay for the rental. They did have a strict daily cost limit though - like $35 per day and I had to pay anything over it. It was enough to pay for a Corolla from E...
by tim1999
Mon Feb 13, 2017 3:16 pm
Forum: Personal Consumer Issues
Topic: Audi Q7 Reliability
Replies: 76
Views: 10688

Re: Audi Q7 Reliability

One thing to consider (especially since this will be a surprise) is that the styling of the 2017 Q7 is very different from previous years. More sharp angles, the grill is different, more of a station wagon look. Some like it, some despise it. http://o.aolcdn.com/dims-global/dims3/GLOB/legacy_thumbn...
by tim1999
Mon Feb 13, 2017 3:13 pm
Forum: Personal Consumer Issues
Topic: Audi Q7 Reliability
Replies: 76
Views: 10688

Re: Audi Q7 Reliability

RoadHouseFan wrote:If it requires premium gas, then that's a showstopper.


I never understood this mentality. If one has a problem with paying a couple hundred bucks a year extra for premium gas, maybe they shouldn't be buying a $40,000+ car.
by tim1999
Mon Feb 13, 2017 10:33 am
Forum: Personal Consumer Issues
Topic: Audi Q7 Reliability
Replies: 76
Views: 10688

Re: Audi Q7 Reliability

What I tend to do with "unknown" cars is go to cars.com and search for some used, recent year, but high mileage ones, then check the Carfax reports and see what kind of non-routine maintenance were typically performed over time. I cringe when I read things like for example at 80,000 miles:...
by tim1999
Sun Feb 12, 2017 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Job Question - Stay or Go
Replies: 17
Views: 2027

Re: Job Question - Stay or Go

Working those hours for that pay plus travel on salary with no overtime or other compensation is nuts. I suspect the ESOP is only there to act as "golden handcuffs" to prevent people from quitting. Absolutely look for another job unless your skills do not translate to another position else...
by tim1999
Sat Feb 11, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Tires for an old car
Replies: 42
Views: 3144

Re: Tires for an old car

Do the "penny test" on all 4 tires, especially the fronts, and see how much tread you have left. Even if they meet the state inspection minimums does not mean they are giving optimal performance.
by tim1999
Sat Feb 11, 2017 9:39 am
Forum: Personal Consumer Issues
Topic: Convince Wife for Honda Odyssey
Replies: 48
Views: 3308

Re: Convince Wife for Honda Odyssey

Believe it or not because it's a Chevy, but the Tahoes and Suburbans have surprisingly good resale value down the road. Personally, I don't like the slight throttle lag on the current generation, and the interiors were a little cheap looking/feeling on the 2007-2014 generation, but they are solid ve...
by tim1999
Sat Feb 11, 2017 9:22 am
Forum: Investing - Theory, News & General
Topic: Why don't stock prices go up on payday?
Replies: 43
Views: 4249

Re: Why don't stock prices go up on payday?

One of my father's former employers was notorious among the employees for holding on to 401k contributions for months before transferring them to the fund company...they were trying to collect interest on the "float" to make a profit off of it. I think this practice was either discontinued...
by tim1999
Fri Feb 10, 2017 8:19 pm
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 19838

Re: Why do you go to restaurants?

My wife isn't a very good cook and I don't know how to cook. It's also a convenience thing. Not every restaurant meal we eat is a sit-down place in a restaurant, we get a lot of takeout and delivery. Many times the portions will last for 2 meals.
by tim1999
Fri Feb 10, 2017 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Payment Method for Private Used Car Sale
Replies: 43
Views: 3170

Re: Payment Method for Private Used Car Sale

Two ways I've gone. One is to ask for cash. The second is to meet at the buyer's bank where they have a bank check drawn. I then ask the bank to cash their check and either issue me a new check without a fee or give me cash. They don't want to hand over $12k, so will gladly wave a $5 to issue you a...
by tim1999
Thu Feb 09, 2017 4:30 pm
Forum: Personal Consumer Issues
Topic: OP UPDATE:Getting Rid of Google Search Result??
Replies: 37
Views: 6345

Re: Getting Rid of Google Search Result??

I feel the OP's pain. There was a public official a few states away that has the same fairly uncommon name as me. He got caught up in some kind of racketeering scandal. Any Google search of that name would reveal 3+ pages of stories on that guy with no mention of the actual me before you got to beyo...
by tim1999
Thu Feb 09, 2017 4:23 pm
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 369
Views: 33956

Re: Your USER NAME...what does it mean?

JohnFiscal wrote:John is not my name. Fiscal is my game.


Reminds me of poster Harry Chan, of "my first name is not Harry, my last name is not Chan" fame.