Search found 636 matches

by KlingKlang
Sat Feb 03, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Worried about employer not paying all I am owed
Replies: 29
Views: 2685

Re: Worried about employer not paying all I am owed

Definitely start looking for a new job. If your employer can't manage his finances well enough to pay his employees he is probably also cheating his customers, suppliers, and the IRS. Did you even get a W-2 for 2017 yet? If so does the amount on the W-2 match your actual pay or what you were promise...
by KlingKlang
Sat Feb 03, 2018 8:32 am
Forum: Personal Consumer Issues
Topic: Life Balance of spending and saving
Replies: 54
Views: 5079

Re: Life Balance of spending and saving

In your situation this is more a matter of spending time than spending money. How many months a year will the pool be usable? How many hours a week do you expect to use it? How many hours a week will you have to play lifeguard while your kids and their friends use it? How many hours a week will it t...
by KlingKlang
Wed Jan 31, 2018 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Opportunity to buy company stock at a discount
Replies: 30
Views: 1863

Re: Opportunity to buy company stock at a discount

This sounds like a pretty typical Employee Stock Purchase Plan (ESPP). As others have mentioned the gotchas are how the purchase price is calculated, how long you give the company an interest free loan between your contributions and the actual purchase, and the holding period before you can sell. Al...
by KlingKlang
Mon Jan 29, 2018 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Auto accident - use insurance or self pay
Replies: 11
Views: 782

Re: Auto accident - use insurance or self pay

I would report this to your insurance company and let them handle it.

There may be three or four honest people in the world but the rest of the time these incidents escalate into overpriced repair bills and outrageous medical claims. Let the professionals deal with it.
by KlingKlang
Mon Jan 29, 2018 12:51 pm
Forum: Personal Consumer Issues
Topic: what do/did you do with your evenings with a Toddler in winters ?
Replies: 63
Views: 4399

Re: what do/did you do with your evenings with a Toddler in winters ?

Teach toddler to bring you a beer, it's good prep for summer. :sharebeer Stop that! I just ruined another keyboard! One bright idea that I had that actually worked was to get our daughter a Step 2 climber https://www.step2.com/p/naturally-playful-woodland-climber (not identical but you get the conc...
by KlingKlang
Fri Jan 26, 2018 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Ways to Protect Assets Without a Prenup
Replies: 48
Views: 3698

Re: Ways to Protect Assets Without a Prenup

I'd like some advice on any decisions that can be made in advance of my marriage this October to protect pre-marital assets. A prenup is off the table for me Why?? Do you trust each other enough to fully commingle your assets? - Then do it. If you don't then maintain your separate accounts. Distrib...
by KlingKlang
Fri Jan 26, 2018 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Convincing uninterested DW we have enough...
Replies: 13
Views: 1762

Re: Convincing uninterested DW we have enough...

Just leave this for after the cruise. Don't do anything to aggravate or worry her and just enjoy the trip. :oops: BON VOYAGE! :beer That's great matrimonial advice but sooner or later you have to have a real world discussion. I see no reason to work beyond the age of 60 and may be ready sooner. Any...
by KlingKlang
Fri Jan 26, 2018 3:20 pm
Forum: Investing - Theory, News & General
Topic: Starting to feel like the late 1990s?
Replies: 145
Views: 13573

Re: Starting to feel like the late 1990s?

Been there done that.

Also remember that bonds aren't failsafe. Splitting your rebalancing between bonds and cash may help you to sleep at night.
by KlingKlang
Fri Jan 26, 2018 3:14 pm
Forum: Investing - Theory, News & General
Topic: Is it likely we return to historical real bond yields?
Replies: 17
Views: 2051

Re: Is it likely we return to historical real bond yields?

Which part of history? The close to 16% 10 year treasury note yields of 1980 look great until you remember how it felt to spend $1 more every week to fill up your car.
by KlingKlang
Wed Jan 24, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Working in the real world
Replies: 118
Views: 9633

Re: Working in the real world

Thank you for all of the replies. Again I apologize for what was basically a kneejerk reaction to someone who I thought was trivializing the effort needed to generate discretionary earned income. I was laid off in 2014 and do not expect to work again due to some major health problems. My wife has co...
by KlingKlang
Wed Jan 24, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 17475

Re: Dear wife quits job and now we are down to 1 income

Just a couple of small suggestions: That $67k emergency fund could earn about $80/month in interest if you transferred it into a 1.40% online savings or money market account. Every little bit helps. With your incomes basically cut in half and a new child your income tax bills should be dramatically ...
by KlingKlang
Tue Jan 23, 2018 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Working in the real world
Replies: 118
Views: 9633

Re: Working in the real world

Has your daughter and her boyfriend actively shopped/networked/applied for more lucrative positions in different locales? Where are they employed or did they come home and find what they could in their hometown? A lot of steady industries are in major growth right now, amazed finance and engineerin...
by KlingKlang
Tue Jan 23, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Working in the real world
Replies: 118
Views: 9633

Re: Working in the real world

I realize that this is basically a vent but sometimes I wonder if I am crazy or everyone else is. Where do you live? All the jobs sound low to me. My nephew started as an accounting dept employee (b.s. In business) at $45k per year and at least 3 weeks vacation. He works 40-45 hrs a week. NE Ohio. ...
by KlingKlang
Tue Jan 23, 2018 6:24 pm
Forum: Investing - Theory, News & General
Topic: Is Anybody Else Freaked Out By the Rapidly Escalating Stock Market?
Replies: 40
Views: 3964

Re: Is Anybody Else Freaked Out By the Rapidly Escalating Stock Market?

Yes.

I have 'made' more so far this month than I ever was paid for a year when I was working.

About the only thing that I can do is to aggressively rebalance back to my asset allocation target.
by KlingKlang
Tue Jan 23, 2018 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Working in the real world
Replies: 118
Views: 9633

Working in the real world

First of all I want to apologize for an emotional reaction that I had to a previous post https://www.bogleheads.org/forum/viewtopic.php?f=1&t=239049 . It was due to a claim that someone could make $80k/year working part time in semiretirement. I understand that many of the posters on this board are ...
by KlingKlang
Mon Jan 22, 2018 9:02 am
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 97
Views: 12687

Re: The Power of Working Longer

Almost everyone has the option of saving more. The option of working longer may not be under your control. To repeat the points made by TomP10 and KlangFool , your health issues, family health issues, age discrimination, and corporate downsizing are all factors that may keep you from working as long...
by KlingKlang
Sun Jan 21, 2018 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: New investor cash on hand ??
Replies: 9
Views: 1033

Re: New investor cash on hand ??

Welcome to the forum! Things that it would be nice to know: - How old are you? - What is your asset allocation between stocks and bonds? - Are your investments after tax or in retirement accounts, if so what kind? Opinions are divided on whether retirees need to maintain a separate emergency/living ...
by KlingKlang
Sun Jan 21, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Prices
Replies: 186
Views: 25234

Re: TurboTax Prices

I purchased TurboTax Deluxe CD with state for $39.86 at Amazon on 1/6/18. I believe it has been this price all month. I just received an email from Turbotax they are running a sale from Jan 21 -27 and it is $35.87. List price is $59.99. Next year I will target the 3rd week of January. :happy Thanks...
by KlingKlang
Wed Jan 17, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: [How to reserve funds for final expenses]
Replies: 10
Views: 648

Re: [How to reserve funds for final expenses]

You can prepay funeral expenses at a funeral home. My mother did that. She and I met with the funeral director and reviewed all her options including quality of casket. They provided a written plan for her funeral as a result. The funeral home insured her funeral through an insurance company which ...
by KlingKlang
Sun Jan 14, 2018 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card cash reward for payment
Replies: 10
Views: 1395

Re: Credit card cash reward for payment

But I can not find the credit cards that offer cash reward for payment (not purchase). For example, I can pay my rent to the land lord, my child care expense to the child care provider, my utility bills using credit cards. So, I want to use a credit card that can give me cash reward on these monthl...
by KlingKlang
Sun Jan 14, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Do you correct cashier mistakes?
Replies: 41
Views: 2532

Re: Do you correct cashier mistakes?

I think that I have but it's been so long that I don't remember exactly. The ratio of mistakes in the stores' favor to mine has to be hundreds to one. The last time that I was at Walmart and the cashier charged me for extra bottles of soda she made me go over to the customer service desk and wait in...
by KlingKlang
Sun Jan 14, 2018 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting Vs Savings Rate
Replies: 65
Views: 4996

Re: Budgeting Vs Savings Rate

I’m interested in how some of the more frugal members in here were able to get more buy in from family to stay frugal. Easiest way is to find a frugal partner and raise your kids to be frugal also. I'm not sure how feasible it is to convince other adults to make major permanent modifications in the...
by KlingKlang
Thu Jan 11, 2018 3:09 pm
Forum: Personal Consumer Issues
Topic: Antarctica [anyone traveled there?]
Replies: 34
Views: 3177

Re: Antarctica [anyone traveled there?]

My stupid opinion is that everything will depend on the weather/sea/ice/wildlife conditions at the exact time and place that you arrive. It may be the experience of a lifetime or you may not be able to see your hand in front of your face before it cracks off. At my age I think that I'll just stay ho...
by KlingKlang
Thu Jan 11, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Need help with insurance options. Not good with this kind of stuff
Replies: 4
Views: 339

Re: Need help with insurance options. Not good with this kind of stuff

While health insurance is useful for routine doctor visits, prescriptions, and lab tests, its real purpose is to save you from financial disaster in case you need to be hospitalized and rack up six or seven figure medical bills. I've never heard of an employer plan that limits your ACA options. Can'...
by KlingKlang
Wed Jan 10, 2018 5:48 pm
Forum: Personal Consumer Issues
Topic: Computers Suck
Replies: 18
Views: 1588

Re: Computers Suck

All of the elderly retirees that I know are too cheap and technophobic to buy a computer, pad, or smartphone - they just call me up when they want some information. An exception might be some that are active on social media or use tech to keep in contact with their friends and family. Echo Silver is...
by KlingKlang
Tue Jan 09, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: I'm Simply Not on the Same Plane As You
Replies: 25
Views: 4751

Re: I'm Simply Not on the Same Plane As You

I wouldn't criticize this allocation for a guy who is headed to 70.

Leaving your kids aside for a moment, how well does your income and assets cover your current expenses, future medical expenses, and future long term care expenses?
by KlingKlang
Tue Jan 09, 2018 12:30 pm
Forum: Personal Consumer Issues
Topic: Advice sought: can/should we pay for a bigger rental place?
Replies: 21
Views: 1025

Re: Advice sought: can/should we pay for a bigger rental place?

Does the dog bark incessantly because it is left home alone while the two of you are at work or does it just bark all of the time? Either way I sympathize with your neighbors. The new rental may or may not be a solution to this problem. If you can afford daycare for the (potential) baby maybe you sh...
by KlingKlang
Mon Jan 08, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: protecting future inheritance
Replies: 31
Views: 3107

Re: protecting future inheritance

metrunt wrote:
Mon Jan 08, 2018 1:15 pm
I don't know what that expression is.
The only thing necessary for the triumph of evil is for good men to do nothing. Edmund Burke
by KlingKlang
Sun Jan 07, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Life at a crossroad: seeking advice
Replies: 54
Views: 7172

Re: Life at a crossroad: seeking advice

You have gotten some great advice and perspectives from the previous posters. I have worked in Engineering Research, Manufacturing Engineering, and Engineering Consulting and didn't find any of these positions to be inherently more stressful that the others. For me the biggest stress factor was havi...
by KlingKlang
Fri Jan 05, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking Advice To $$ Mess
Replies: 23
Views: 2610

Re: Seeking Advice To $$ Mess

Since no one has mentioned it yet you should at least check to see how much income they would receive if they put half of their funds into a Single Premium Immediate Annuity (SPIA). This product provides the highest guaranteed income for life but has no residual value after they die. Return is based...
by KlingKlang
Thu Jan 04, 2018 7:08 pm
Forum: Personal Consumer Issues
Topic: Effects of extreme cold weather
Replies: 107
Views: 10586

Re: Effects of extreme cold weather

I now live in the less frigid Washington DC area (although very, very cold now), but many years ago, when I lived in the colder foothills of the Catskills (NY State) and had a 60's VW Beetle - sometimes in the winter cold, my car would often barely turn over with the starter to start. My father had...
by KlingKlang
Thu Jan 04, 2018 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Higher net worth / lower cash flow - How to Invest
Replies: 23
Views: 2493

Re: Higher net worth / lower cash flow - How to Invest

FunkytownInvestor wrote:
Thu Jan 04, 2018 1:52 pm
Real estate crowd funding / limited partnership investments - $450k
I have no idea what this means. Since it's tied as your largest asset could you provide additional details?
by KlingKlang
Sun Dec 31, 2017 10:25 pm
Forum: Personal Consumer Issues
Topic: Ever drink Chartreuse?
Replies: 16
Views: 1686

Re: Ever drink Chartreuse?

blmarsha123 wrote:
Sun Dec 31, 2017 8:46 pm
Ah, yes. Green Chartreuse and pineapple juice. Another blast from the past.
Green Chartreuse + pineapple juice + lime juice= Swampwater!

They used to have ads for it on the back of our college spiral notebooks in the 70s.
by KlingKlang
Sat Dec 30, 2017 3:32 pm
Forum: Personal Consumer Issues
Topic: The Economics of a new Puppy
Replies: 113
Views: 7906

Re: The Economics of a new Puppy

My pointless anecdote. I am so glad that my wife is not a dog (or animal) person. It is something we agreed upon (no household pets) before we got married. My mother is in a never-ending cycle of this with my stepfather and step-sister. One of their dogs pass (they have had at least 3 at all times ...
by KlingKlang
Fri Dec 29, 2017 4:51 pm
Forum: Investing - Theory, News & General
Topic: VUSXX vs. TreasuryDirect
Replies: 10
Views: 1534

Re: VUSXX vs. TreasuryDirect

"VUSXX and owning T-Bills are not the same thing," but no other details were given. I'm not sure about how detailed this is but the biggest difference between VUSXX and T-Bills in Treasury Direct is that you can request a withdrawal from VUSXX at anytime but with Treasury Direct you have to wait un...
by KlingKlang
Wed Dec 27, 2017 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Invest in Target fund or 3 fund portfolio?
Replies: 14
Views: 1701

Re: Invest in Target fund or 3 fund portfolio?

One concern I have with the 3 fund portfolio and I don't know if this is a valid concern is that in order to re-balance I would have to sell and then buy at the close of the next business day, essentially removing those funds from the market for a day which is not ideal. If you are still in the acc...
by KlingKlang
Wed Dec 27, 2017 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: ACA Cliff: Stupid questions on admin stuff for tIRA
Replies: 9
Views: 663

Re: ACA Cliff: Stupid questions on admin stuff for tIRA

My spouse and I, both in our 50's, are facing an ACA cliff for 2017. I've read some of the ACA threads on this board and learned a lot ... but I have a couple of very unsophisticated questions if you could help me out. 1. I plan to add contributions into my and my spouse's tIRAs sufficient to bring...
by KlingKlang
Wed Dec 27, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Creating a Mid-Tier Emergency Fund
Replies: 21
Views: 2656

Re: Creating a Mid-Tier Emergency Fund

Are i-Bonds not considered appropriate these days? Sure they are. 2.58% current rate inflation adjusted every six months, federal tax deferral, no state or local taxes. $10,000 maximum purchase per year from Treasury Direct plus $5000 from your federal tax refund. One year minimum holding time but ...
by KlingKlang
Tue Dec 26, 2017 8:25 pm
Forum: Personal Consumer Issues
Topic: European Cities that don't interest you
Replies: 187
Views: 13301

Re: European Cities that don't interest you

Just to add something to the thread I'll say Eindhoven in North Brabant in the Netherlands. If you are an American everyone just assumes that you are there to work at Philips. The old city centre is small and disappointing, the rest of the city looks exactly like a US suburb. Did you run into : "If...
by KlingKlang
Tue Dec 26, 2017 8:07 pm
Forum: Personal Consumer Issues
Topic: European Cities that don't interest you
Replies: 187
Views: 13301

Re: European Cities that don't interest you

Just to add something to the thread I'll say Eindhoven in North Brabant in the Netherlands. If you are an American everyone just assumes that you are there to work at Philips. The old city centre is small and disappointing, the rest of the city looks exactly like a US suburb. I worked there for five...
by KlingKlang
Tue Dec 26, 2017 1:44 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 42954

Re: What frugal thing did you do today?

Pulled out a staple from a stack of old papers, straightened it, and reinserted it into a stapler for reuse. Victoria Given the strain hardening on the corners of the staple during the initial stapling and the subsequent straightening you should probably anneal it at 760 °C before you try to reuse ...
by KlingKlang
Tue Dec 26, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Should I preserve parents’ risky portfolio? Or “disobey” them?
Replies: 74
Views: 5401

Re: Should I preserve parents’ risky portfolio? Or “disobey” them?

I'm a little confused by the emphasis on dividends, especially in the traditional IRAs. Taxation of tIRAs is determined by withdrawals, not earnings. Speaking of withdrawals, both of your parents are required to take required minimum distributions (RMDs) from their tIRAs. How large are these and how...
by KlingKlang
Fri Dec 22, 2017 9:38 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 293
Views: 23544

Re: Do people still use AAA?

My parents bought AAA for me in the 1980s when I used to drive from Cleveland to Buffalo every week. This was way before cell phones so your first problem when your car quit was getting to a pay phone. Broke down on the NY Thruway on a Sunday night, was told AAA didn't come out that far. Broke down ...
by KlingKlang
Fri Dec 22, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone here purchased a home for cash (no mortgages)?
Replies: 39
Views: 4258

Re: Has anyone here purchased a home for cash (no mortgages)?

I've never had a mortgage. Purchased a townhouse for $50k in 1981 in NY, house for $79k in 1985 in PA, current house for $135k in 1989 in OH. Note that these were not high value homes, my current house is worth maybe $200k today which is about 8% of our financial assets. Obviously our savings took a...
by KlingKlang
Wed Dec 20, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice -- Treasuries
Replies: 8
Views: 660

Re: Portfolio Advice -- Treasuries

Is holding treasuries almost identical to holding cash? What's the difference if I just keep the $6,500 tucked away in a high yield savings account? Sorry but there is no free lunch here. Any bond fund can decline in value and in fact VFISX has gone down $.12 per share since September 8. It is not ...
by KlingKlang
Mon Dec 18, 2017 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Mentally loosening the strings
Replies: 36
Views: 4059

Re: Mentally loosening the strings

I get you. I grew up in a similar home where the first rule was 'it's a sin to spend money'. Try to become more comfortable and confident when evaluating the cost/value of a purchase. It's a satisfying emotion when you feel assured that something that you have obtained will give you pleasure in exce...
by KlingKlang
Sun Dec 17, 2017 6:50 pm
Forum: Personal Consumer Issues
Topic: Overnight guests
Replies: 15
Views: 1946

Re: Overnight guests

You and your partner have a discussion. Decide how often you can live with it. Then your partner tells him what the two of you decided together. This. Also would it make you feel any better if the cousin bought your family dinner or brought you a thank-you present once in a while? No one likes to b...
by KlingKlang
Wed Dec 13, 2017 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Forced Salary Advance (is it a good thing?)
Replies: 9
Views: 1372

Re: Forced Salary Advance (is it a good thing?)

When I worked at Westinghouse in the 1980's we technically were paid only once a month on the last day but got an advance on the 15th. All taxes and savings plans were taken out of the end of the month paycheck. My problem was that I signed up for so many of the savings plans that I didn't have enou...
by KlingKlang
Wed Dec 13, 2017 10:30 am
Forum: Personal Consumer Issues
Topic: Concert Decision and Advice
Replies: 41
Views: 2755

Re: Concert Decision and Advice

I do not feel comfortable in big crowds like that. I find I cannot lose myself in them as some can. SO I do not go, wife has friends that love concerts and she goes with them. I would rather read a book, or make something. Must be the introvert in me. You sound a lot like me. The most amazing live ...
by KlingKlang
Tue Dec 12, 2017 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to live on one income?
Replies: 70
Views: 6268

Re: Can we afford to live on one income?

... it's pretty rare: only ~20% of married households have a stay at home parent... I would call 0.2% pretty rare. 20% (1/5 of households) is a lot higher than I would have guessed. Knowing the percentage of married households with children under the age of 18 with a stay at home parent would be a ...