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sls239

I don't think it makes sense, and it didn't happen to me.

I'm sure the check cleared before they mailed the deed.

sls239

How to have better financial discussions - I think putting it into perspective will help you have better discussions. I see a few ways to put it into perspective. 1) The amount of money you each have right now should be pretty comforting, you've both done a good job. Neither of you, no matter what h...

sls239

If there's anything that suggests a problem, then you should hire a specialist for that issue. That is why the language of the report is the way it is, because this is a general inspection, not a specialized one.

sls239

You cannot afford to pay down the farm debt and build a house, even with the current equity in your home to get you started (what is that, like $200K?)

But you think you can afford to pay your current house payment plus an extra $2000 / month.

I'm not sure this is making sense.

sls239

Do you actually have someone offering to re-fi $87k at 2%?

Can I ask who?

And if not, then I wouldn’t tie yourself in knots about this just yet.

sls239

"Paying yourself first" doesn't literally mean paying yourself first. What it means is allocating money to your financial plan first, and working your other spending around that. My financial plan has always included some support for other family members, support for children, and donation...

sls239

I think the first thing you should do is ask why he didn't require the financial advisor that he is paying to fully explain each and every recommendation and what the role is in their overall portfolio, but is instead looking to you for free advice that you can't really give because you don't have t...

sls239

I consider a nice slice of bread with some butter and honey to be a dessert. Have you ever seen a Great Harvest? They mill their own flour so their breads are fantastic.

sls239

The tools I use most - a ceramic chef knife and a ceramic pairing knife, a peeler, and 2 or 3 of the largest cutting boards that will fit in the dishwasher. The utensils I use the most - a silicon spatula, a metal spatula, a silicone spoon, and a good pair of tongs. You'll also want a corkscrew and ...

sls239

As far as I know, all cars have paint.

So yeah I think saying you want something simpler is a little off the mark.

What is it that you are actually looking for?

sls239

No, I don't think your nest egg is what you should concern yourself with much - although keeping the pre-marital accounts separate is fine, just realize that the earnings these accounts can be considered marital property. I think what you should concern yourself with is your priorities as a married ...

sls239

The difference still remains that with a traditional pension, the final years of employment generally have disproportionate impact whereas with a 401k, even if it is eventually annuitized the early years tend to have disproportionate impact. Not to sidetrack the conversation, but I feel that has a l...

sls239

I try not to overthink things.

When someone is trying to shame me for rejecting them, I just assume they feel a sense of entitlement that is not justified.

It is extraordinarily common.

sls239

With a 16ft truck, I’d take OH over WV.

sls239

I’m considering a decent microphone that can be used for virtual classes both with voice and instruments (trombone if it matters).

Can someone help point me in the right direction? Is it even worth trying to upgrade from the built-in mic on various devices?

sls239

I think you have some choices you will need to make. For example I think you will want to choose between pursuing real estate and pursuing medicine. Give yourself time to grieve the loss of your marriage, and also to figure out what you want. In this sense, you are lucky to have a year of school lef...

sls239

I don't know about the extended part, but I do buy the owners title insurance policy. Last move was a corporate relocation where you technically are selling the house to the re-lo company who then resell it to the buyers - and someone - I think the relocation company's title company which was based ...

sls239

I'm not sure I could answer this question without a lot more details. Different countries have their own retirement set-ups and their own health-care set-ups and their own housing markets and arrangements. So my whole allocation, my whole goal, not just the domestic / international split might look ...

sls239

Just remember pregnant wife needs to stay away from unfamiliar cats and their feces.

sls239

I had a collection show up on my credit report once. It was for someone with the same name as me and state of residence but when disputed they could not match anything else. So away it went. Sometimes collections companies are more eager than accurate. Don’t want a $35 bogus charge to get to point ...

sls239

Do you see yourself under just about any circumstances needing this money in the next 5-10 years? no this is for my children or for me say 30 years from now. The point is I saw an article showing that LSI usually outperforms, but when it doesn't, it can underperform a lot compared to DCA. I try to ...

sls239

I had a collection show up on my credit report once. It was for someone with the same name as me and state of residence but when disputed they could not match anything else.

So away it went.

Sometimes collections companies are more eager than accurate.

sls239

Do you see yourself under just about any circumstances needing this money in the next 5-10 years?

sls239

Before the divorce is final you will need to establish who will be maintaining the health insurance for the child and what proportion of out of pocket expenses you will be responsible for. You would also be well advised to know under what conditions child support can be modified / recalculated. And ...

sls239

So in general, what this person is suggesting is that you lower the credit quality of the bonds you buy in order to get a higher interest rate Did he give any explanation as to why that was the best strategy for your situation? A good FA will not just list off funds to buy. They will explain the str...

sls239

Unless you just need several bedrooms a multi-car garage and a school district, I would hesitate to buy in Frisco. I think you can expect there to be nice rentals available. Frankly, they are still building new homes around there, and trying to sell a home when people have the option of a brand new ...

sls239

He makes the common mistake of using more money as the goal.
That is not the goal.
The goal is enough money.

sls239

Well doesn't credit risk have a duration component? I mean isn't it inherently more difficult to evaluate credit risk on a longer duration bond?

sls239

Can someone explain to me why it is interest rate risk that should be singled out as important enough to drive the selection of bond duration?

sls239

So have you considered putting $475K into an annuity and leaving $10K as the inheritance? Or 465K and 20K? Or... you get the idea. If the inheritance portion were invested, it could also help on the off chance that inflation becomes a problem. I think you are trying to use an annuity to solve issues...

sls239

Have you gotten quotes for separate annuities?

I guess I'm not understanding why each person can't just get their own.

sls239

I'd consider everything you said to be a selling feature. People renting out their basements are right there to keep an eye on things. If you rented out the upstairs, they would not consider it their responsibility to keep an eye on the tenet downstairs. It may be a good opportunity, but likely not ...

sls239

Most people 12 years out from retirement would be looking to decrease risk in their portfolios. As your housing becomes more secure, you may find that you do not need to do that as much as you might have with a larger outstanding mortgage balance. But I don't think the act of refinancing in itself -...

sls239

I think the article is rather kind to the board by focusing on substance only.

sls239

So you have four kids, but they aren't quite old enough to have gotten involved in expensive activities or to determine if they will have struggles with school.

I suggest sticking to that $25k budget.

sls239

No, but I'd certainly ask the realtor if marketing the house as a potential investment property (for someone else) would be warranted.

Then the interested athlete would become a selling feature.

sls239

Yes, I've done that. They even spell it out in chart form

https://www.irs.gov/publications/p590a# ... 1000230476

sls239

No. The 50k is the pretend earnings on the 1M over the one year of marriage. That's what would remain yours if the marriage lasted a year and you had a pre-nup of the type you are talking about but otherwise would likely be split as marital property. So actually the savings is basically half that, $...

sls239

If this person is already passionate about this particular field, then I think the best advice would come from people who are doing the work she is interested in doing. If this is just a plan she selected because somebody expects her to have a plan, then really she should just look at schools with g...

sls239

So this is a way of selling ownership in non-publicly owned companies to the public?

sls239

I use the Neutragena ultra gentle face wash. I've used the CeraVe before and it's ok too but a little thinner in consistency. I put it on a Target washcloth so that takes care of the exfoliating part. I use a cotton ball with some Alba botanical acnedote astringent on it for the rare pimple. That's ...

sls239

Most pre-nups that are upheld are of short duration 5-7 years and phase out over that period. And that is assuming there are not extenuating circumstances. And Extenuating circumstances might be more common than the name implies. You would definitely want to delve into that. Consider it to be insura...

sls239

Do you have any way of using this money to reduce your future expenses?

In particular consider healthcare and mortgage expenses.

sls239

Correct me if I'm wrong, but you two expect to sleep in the same room right? If so, this situation really has nothing to do with rent or the market value of anything. Put that out of your mind because you chose to buy this house by yourself and not rent out any other rooms, not her. At the same time...

sls239

First I use my vacuum cleaner with the brushy attachments to dust. It has a HEPA filter on it. Then I wipe with a barely damp rag. If you use a microfiber cloth, you need to launder them only with other synthetic fabrics. I have special zip covers for my mattress and pillowcases. I also double case ...

sls239

I think you do risk over-funding given your parameters. But that is assuming you blindly follow it for the next 18 years.

I think you should prioritize retirement, then put some into education savings and remain flexible while taking your child's demonstrated needs into consideration.

sls239

What will her commute be if you buy the house? Who will be dropping baby off at childcare? Who will be taking baby to well checks? Who will do diaper runs? Who will buy baby's clothing? Who will handle birthday parties, visits to the grandparents, photography sessions, and playdates? Your reasoning ...

sls239

I suggest starting with getting on the same basic financial page. For example, does she agree that you guys should be saving 20% of income for retirement / rainy day? Does she agree with how much money goes to joint expenses like rent? Once you can agree on a basic plan, then you can discuss how muc...

sls239

It reduces the risk over a period of time during which they may gain clarity.

In short, DCA is just a way of buying time. Literally.

sls239

Would you ever think, now is the time to take less risk, pull 200k out, and slowly put it back in? Yes, I would, I have (not 200K though), and I did. It involved moving and buying a house and going to a single income at a new job. To me that sounds like you AA was too risky based on new life change...

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