Search found 3829 matches

by tim1999
Fri Apr 30, 2021 3:10 pm
Forum: Investing - Theory, News & General
Topic: Useless Investment Books
Replies: 150
Views: 12939

Re: Useless Investment Books

I used to have a shelf full of these useless investment books mostly from the 1990s. One of the most memorable was:
"Do You Want to Make Money or Would You Rather Fool Around?" by John D. Spooner.
by tim1999
Tue Apr 27, 2021 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Job Exit Interview
Replies: 83
Views: 7780

Re: Job Exit Interview

I've only ever had one "exit interview", at a megacorp where I quit primarily because of a bad manager. It was with a mid-level HR manager and lasted only about 20 minutes (including about 8 minutes of small talk), probably because I gave short, low-detail answers to her questions. The que...
by tim1999
Fri Apr 23, 2021 8:55 am
Forum: Investing - Theory, News & General
Topic: Cryptocurrency in Free Fall
Replies: 321
Views: 27168

Re: Cryptocurrency in Free Fall

I personally triggered this decline myself by almost opening and funding a Coinbase account for the first time two Thursdays ago. I chickened out at the last second and didn't follow through to the stage of funding it, but somehow the market didn't get that message. Me opening and funding a crypto a...
by tim1999
Wed Apr 21, 2021 3:35 pm
Forum: Personal Consumer Issues
Topic: 12 year boat loan!
Replies: 32
Views: 3133

Re: 12 year boat loan!

I have a friend who bought a ~$150k Cessna single engine aircraft a few years ago on a 20 year loan at around 6%. It is for his personal use and not something he is leasing back to a flight school or making any money off of. Personally, my policy is to not finance "toys" unless the interes...
by tim1999
Sat Apr 17, 2021 9:27 pm
Forum: Personal Consumer Issues
Topic: Temp change in remote location - tell employer?
Replies: 35
Views: 2930

Re: Temp change in remote location - tell employer?

Every company has different policies. Even within the same company, there may be different policies for different jobs. For example, a regional manager who is expected to travel for much of the job may have carte blanche to work from almost anywhere but a call center representative who has to take ...
by tim1999
Sat Apr 17, 2021 9:10 pm
Forum: Personal Consumer Issues
Topic: Temp change in remote location - tell employer?
Replies: 35
Views: 2930

Re: Temp change in remote location - tell employer?

My employer only cares where your permanent residence is, for salaried workers. Anyone who was shifted to mandatory remote work when the pandemic hit is required to keep their permanent residence in-state for the time being unless they get approval due to very unusual circumstances. Otherwise, I kno...
by tim1999
Thu Apr 15, 2021 8:33 pm
Forum: Investing - Theory, News & General
Topic: Coinbase IPO - anyone tempted?
Replies: 241
Views: 18604

Re: Coinbase IPO - anyone tempted?

I am actually surprised Coinbase stock went down today. I had thought there would be a massive amount of retail investor FOMO propelling it upward.
by tim1999
Thu Apr 15, 2021 8:00 pm
Forum: Personal Consumer Issues
Topic: Automobile Technical service bulletins and warranty coverage
Replies: 4
Views: 371

Re: Automobile Technical service bulletins and warranty coverage

My experience has been that TSB's explain to the dealer personnel how to fix a problem that has started occurring frequently in a particular year/model of car. They are completely different from recalls. A recall is a free fix whether the car has a problem with the recalled part or not. Absent a rec...
by tim1999
Thu Apr 15, 2021 11:57 am
Forum: Personal Investments
Topic: Any experience with Toyota Income Driver Notes?
Replies: 138
Views: 17162

Re: Any experience with Toyota Income Driver Notes?

Is anyone having issues logging into their Income Driver Notes account? Just spinning here! :annoyed I had an issue logging in with Chrome this morning - it wanted to send an email to verify my identity, which is odd since I log in all the time with Chrome and tell it to "remember this compute...
by tim1999
Wed Apr 14, 2021 4:32 pm
Forum: Investing - Theory, News & General
Topic: What's your definition of "Family Money"?
Replies: 47
Views: 5601

Re: What's your definition of "Family Money"?

I have an occasional golf partner that is almost 40 years old, married with 3 kids, living in a very nice mortgage-free house in an upscale suburb. To my knowledge, he has never worked a day in his life, nor has his wife since they got married. He would always avoid the subject, but once he let it o...
by tim1999
Wed Apr 14, 2021 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 470
Views: 62520

Re: Tales from this insane real estate market

This morning I was at an independent motor vehicle service agent place to help a relative get a duplicate car title for one they had lost, since our state-run motor vehicle offices are still closed to the public. This particular place also does car title loans. There was a woman probably in her 60s-...
by tim1999
Mon Apr 12, 2021 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy for passing your Digital Assets upon your death?
Replies: 30
Views: 1856

Re: Strategy for passing your Digital Assets upon your death?

I solve this by having no digital assets.

There is a paper along with my will that spells out all my financial accounts/holdings.

I do realize I am a troglodyte even as a millennial.
by tim1999
Mon Apr 12, 2021 2:25 pm
Forum: Personal Consumer Issues
Topic: What do you do with well worn clothing?
Replies: 39
Views: 3284

Re: What do you do with well worn clothing?

I keep maybe two pair of worn-out shirts and pants for yard work use only. Otherwise anything worn-out, faded, etc. goes in the trash. I enjoy wearing clothes in good condition and quickly retire anything that no longer meets that standard.
by tim1999
Thu Apr 08, 2021 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else see drastic increase in Zillow value today?
Replies: 136
Views: 13935

Re: Anyone else see drastic increase in Zillow value today?

Mine went up about 1% a few days ago and another .25% today. The value is actually a little low (5% ?) given what other similar homes nearby have closed for in the past two weeks.
by tim1999
Sat Apr 03, 2021 5:14 pm
Forum: Personal Consumer Issues
Topic: Uber ride — how to be sure windows will open?
Replies: 17
Views: 1951

Re: Uber ride — how to be sure windows will open?

I recently ordered an Uber only to learn that the backseat windows did not open. I think they were not designed to open, it wasn’t that they were not working. I cannot think of a normal 4-door car with no window controls but possible I guess. Just contact the driver from the app once they accept th...
by tim1999
Fri Apr 02, 2021 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: WFH Light a "FIRE" in anyone else?
Replies: 20
Views: 3208

Re: WFH Light a "FIRE" in anyone else?

The people that love this are introverts. Don't disagree but the introverts will say that working in-person is remotely inefficient because there are too many distractions. I am an introvert and agree with this. I get more done in less time at home. The amount of time-wasting distractions in my off...
by tim1999
Wed Mar 31, 2021 7:50 pm
Forum: Personal Consumer Issues
Topic: Pedestal Sink - Disposal?
Replies: 15
Views: 926

Re: Pedestal Sink - Disposal?

Yep, a very local question. Where I live, you could just put it on the curb on trash day with the rest of your trash, and it would be picked up. Where my brother lives, you would have to bring it to the dump yourself. Place I used to live, they had a "bulk trash" day scheduled a few times ...
by tim1999
Wed Mar 31, 2021 5:18 pm
Forum: Personal Investments
Topic: Trad IRA distribution tax optimization question
Replies: 6
Views: 387

Re: Trad IRA distribution tax optimization question

[Income] social security (~$30,000 per year) He has taxable accounts worth $500k, almost entirely in bank CDs/money market. These throw off a few thousand $$ per year in taxable interest income. His marginal tax rate is 12%. However ... due to the "social security tax hump," Joe's margina...
by tim1999
Wed Mar 31, 2021 3:54 pm
Forum: Personal Investments
Topic: Trad IRA distribution tax optimization question
Replies: 6
Views: 387

Re: Trad IRA distribution tax optimization question

Or he could do Roth conversions each year up to the top of the 12% bracket. Thank you. I don't know why I didn't think of that. Joe already has a small Roth IRA at the same brokerage as his T-IRA so at least he wouldn't need to set up a new account. This way, the distribution put in the Roth would ...
by tim1999
Wed Mar 31, 2021 3:22 pm
Forum: Personal Investments
Topic: Trad IRA distribution tax optimization question
Replies: 6
Views: 387

Trad IRA distribution tax optimization question

Here's a situation: Joe is retired and 68, with a traditional IRA worth about $800k. He has no pension but his routine retirement income needs are easily 100% met from social security (~$30,000 per year), so he is not taking any IRA distributions. He has taxable accounts worth $500k, almost entirely...
by tim1999
Tue Mar 30, 2021 7:34 am
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 255
Views: 25909

Re: High spenders what do you spend on?

I have a friend who makes about $700k/yr (exec in a publicly traded company, his salary and bonus is listed in the annual report) but moans to me that he has little to save for retirement and he will be working in his 70s. The bulk of his free cash flow after taxes goes to alimony, child support, a...
by tim1999
Mon Mar 29, 2021 5:20 pm
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 255
Views: 25909

Re: High spenders what do you spend on?

I have a friend who makes about $700k/yr (exec in a publicly traded company, his salary and bonus is listed in the annual report) but moans to me that he has little to save for retirement and he will be working in his 70s. The bulk of his free cash flow after taxes goes to alimony, child support, an...
by tim1999
Sun Mar 28, 2021 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Should I quit/retire? Not a financial matter
Replies: 35
Views: 3532

Re: Should I quit/retire? Not a financial matter

It's just a job.

If it feels like more than that to you, it might be a sign that you are going to need to develop some new hobbies in retirement.
by tim1999
Sat Mar 27, 2021 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Retire vs resign - Is there a difference?
Replies: 81
Views: 8209

Re: Retire vs resign - Is there a difference?

At my megacorp, it only means anything if you have been there long enough to be in the pension and retiree medical programs, which were cut off to new participants in the 1990s. Those folks have to schedule/plan/make notifications regarding their upcoming departure in a certain way as prescribed in ...
by tim1999
Sat Mar 27, 2021 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 470
Views: 62520

Re: Tales from this insane real estate market

I don’t know that it works today, but we have gotten “bargains” in buying our two houses because most people can’t see past bad decorating and room layout choices. My wife has the visual chops to see potential. I agree, Tomato. Some people view "potential" as work and/or money. Which it i...
by tim1999
Sat Mar 27, 2021 3:02 pm
Forum: Personal Consumer Issues
Topic: Digital persona - curating your online presence
Replies: 28
Views: 2088

Re: Digital persona - curating your online presence

I have started to use multiple dates of birth for various unofficial places, so that in time this will confuse the algorithms. Good point. I use a fake birthdate for any non-financial or non-governmental website signup or security question that requires one. I sometimes use fake answers for other s...
by tim1999
Fri Mar 26, 2021 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Owners Title Ins., purchasing property from Judge
Replies: 43
Views: 2655

Re: Owners Title Ins., purchasing property from Judge

Yeah, $1,000 sounded really high for only owner's coverage on a $450k house, $377 is more like it, I'd say it's a no-brainer to buy it.
by tim1999
Thu Mar 25, 2021 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 470
Views: 62520

Re: Tales from this insane real estate market

There's sick money out there. My wife and I are looking right now for a rental on Hilton Head in July. What used to rent for $4,000/week is now $7,000/week. I wonder how much of the increase is just an attempt by the lessor to get some of the potential tenants’ stimulus money. People who rent $4,00...
by tim1999
Thu Mar 25, 2021 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Owners Title Ins., purchasing property from Judge
Replies: 43
Views: 2655

Re: Owners Title Ins., purchasing property from Judge

I won't advise you whether to buy owner's title insurance or not, but would just say that the seller's occupation, age, or length of ownership would have absolutely zero bearing in my decision on whether to buy the insurance or not. I have seen title problems on properties owned by everyone from mig...
by tim1999
Thu Mar 25, 2021 8:01 pm
Forum: Personal Consumer Issues
Topic: Digital persona - curating your online presence
Replies: 28
Views: 2088

Re: Digital persona - curating your online presence

I work to maintain no online presence. I deleted my facebook profile probably 10 years ago and never use any of the other social media apps. I've declined to participate in certain niche online forums that encourage or require the use of one's real name or identifying characteristics and are indexed...
by tim1999
Thu Mar 25, 2021 4:51 pm
Forum: Personal Consumer Issues
Topic: Should I get termite inspection?
Replies: 7
Views: 621

Re: Should I get termite inspection?

Get it. It's usually a cheap inspection on top of a regular home inspection ($100?) and termites can be found in most US states. I've completely bailed on property purchases before due to termite issues that were not obvious to the untrained eye. While your contract with the seller may vary, it's ge...
by tim1999
Thu Mar 25, 2021 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 470
Views: 62520

Re: Tales from this insane real estate market

This real estate market has shown me once again how much money there really is in America. There is a veritable sea of money out there - seemingly endless amounts. Folks with $1.5 million homes in every town in America, and many have +$2.0 million vacation homes. Drive down the Atlantic seaboard fr...
by tim1999
Thu Mar 25, 2021 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 470
Views: 62520

Re: Tales from this insane real estate market

It's an insane real estate market - my older suburb (no open space for new houses unless one burns down) is considering allowing the sale of a commercial zoned plot of land to a housing developer. The old building on the land has not attracted a buyer (or a business to lease the space) in 5 years (...
by tim1999
Tue Mar 23, 2021 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: What is an average retirement a/c worth in America ?
Replies: 228
Views: 22566

Re: What is an average retirement a/c worth in America ?

Don't compare yourself to the situations people post on here. This forum seemingly has an unusually high proportion of people who are doctors, big city lawyers, software developers/specialized big tech workers, and other unusually high paying occupations. These people are actually a fairly small per...
by tim1999
Tue Mar 23, 2021 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone ever make a claim against their home warranty?
Replies: 27
Views: 2044

Re: Anyone ever make a claim against their home warranty?

Not an electrical issue, but I've made a claim on a home warranty for a plumbing leak that developed a week after closing on the purchase of the house. The seller had included the home warranty in the deal. The warranty company made me send them a copy of the home inspection report before they would...
by tim1999
Mon Mar 22, 2021 2:21 pm
Forum: Personal Consumer Issues
Topic: Cleaning up aunt's URBAN condo
Replies: 34
Views: 2482

Re: Cleaning up aunt's URBAN condo

I am going to take a possibly minority view here as I've been in this situation; the person who has to clean out the elderly or deceased person's residence. This is assuming the elderly person or relatives of the deceased have already removed anything they want to keep. 98% of what is in there is go...
by tim1999
Mon Mar 22, 2021 2:05 pm
Forum: Personal Consumer Issues
Topic: How much are your monthly total subscriptions?
Replies: 37
Views: 1678

Re: How much are your monthly total subscriptions?

About $25 total per month for online-only access to the local newspaper, XM satellite radio in the car, and a boutique print magazine.

I watch free over-the-air TV with one of those antennae that looks like a mousepad. No paid cable, satellite, or streaming TV services.
by tim1999
Sat Mar 20, 2021 5:45 pm
Forum: Investing - Theory, News & General
Topic: Are we in a housing bubble?
Replies: 302
Views: 39180

Re: Are we in a housing bubble?

Bon Jovi came out with this song about 5 years too early. I've had to tell at least 3 people inquiring about my property in the last month that "this house is not for sale."

Image
by tim1999
Thu Mar 18, 2021 10:24 am
Forum: Personal Consumer Issues
Topic: 50 gallon water heater questions
Replies: 70
Views: 4338

Re: 50 gallon water heater questions

In my experience, longevity depends partly on how hard or soft your water is. Hard water seems to expedite corrosion in water heaters. I am in a hard water area and it is typical for water heaters to start leaking around 8-10 years. My last one developed a pinhole leak in the bottom of the tank at t...
by tim1999
Wed Mar 17, 2021 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Business Travel Allowances
Replies: 13
Views: 798

Re: Business Travel Allowances

My megacorp job used to involve a lot of domestic business travel until 2018 or so, when I took a new position within the company as I was tired of the travel. The travel was a direct expense to the company and was not billable out to any clients, etc. I was an individual contributor, but had comple...
by tim1999
Tue Mar 16, 2021 4:39 pm
Forum: Investing - Theory, News & General
Topic: What are the odds of losing everything in a legit real estate deal/fund?
Replies: 31
Views: 2135

Re: What are the odds of losing everything in a legit real estate deal/fund?

Personally, I think illiquidity is the big risk unless the deal/fund is very leveraged. I know people who invested in similar real estate deals locally in the mid 2000s that were supposed to be for a 3-4 year max period who are still waiting to get their money back along with some kind of return. On...
by tim1999
Mon Mar 15, 2021 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Realtor requiring prospective buyers to get pre-approved by spouse's mortgage company
Replies: 33
Views: 3017

Re: Realtor requiring prospective buyers to get pre-approved by spouse's mortgage company

I'm guessing this is a combination of the seller's agent wanting to know as much as possible about the buyer's financial ability to close, plus taking advantage of a hot market (and the ability of a seller to dictate terms) to steer potential mortgage business to their spouse. I would not be surpris...
by tim1999
Sun Mar 14, 2021 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Creative Real Estate Listing Agent Fee Structure
Replies: 40
Views: 2020

Re: Creative Real Estate Listing Agent Fee Structure

You can certainly try anything, but realize that it is very unlikely that the best agents would have any interest in your offer as those agents are in demand and stay busy. Why would they invest the time and expense of listing your relatively low value property (and deal with an owner who takes the...
by tim1999
Fri Mar 12, 2021 10:36 am
Forum: Investing - Theory, News & General
Topic: Are we in a housing bubble?
Replies: 302
Views: 39180

Re: Are we in a housing bubble?

I, like many here, own a home in a neighborhood with zero inventory right now, in a city with inventory at an all-time low (way lower than the mid 2000s bubble) where anything that comes on the market gets snapped up the same day with dozens of offers way over asking price. Most recent example was a...
by tim1999
Tue Mar 09, 2021 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Might miss out on that stimulus cheddar...again
Replies: 17
Views: 3628

Re: Might miss out on that stimulus cheddar...again

Someone with married filing jointly AGI under 160k in 2019 but over 160k in 2020 may also want to hold off on filing their 2020 return until after the stimulus payments are issued, I would think. If they file 2020, they will get zilch, but would still get a check if the IRS is using their AGI from t...
by tim1999
Mon Mar 01, 2021 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Issues selling an estate owned "landlocked" vacant lot in NC
Replies: 42
Views: 3656

Re: Issues selling an estate owned "landlocked" vacant lot in NC

Like most small, landlocked parcels I encounter, this one sounds pretty worthless/unmarketable and not bothering with. I don't see the point in fighting WW3 with the City over this unless you are really bored. I'd probably offer it to the abutting landowners first for a small price (i. e. $200, and ...
by tim1999
Mon Mar 01, 2021 4:44 pm
Forum: Personal Consumer Issues
Topic: 6 days in Flagstaff in the end of March
Replies: 18
Views: 1826

Re: 6 days in Flagstaff in the end of March

For golf, play Oakcreek CC or Sedona Golf Resort, both are just south of Sedona. Beautiful scenery and enjoyable course layouts.

Flagstaff has only one golf course open to the public, and it's not very good or scenic.
by tim1999
Sat Feb 27, 2021 6:15 pm
Forum: Personal Consumer Issues
Topic: Car suggestion for 70+ year-old mom
Replies: 160
Views: 9002

Re: Car suggestion for 70+ year-old mom

This probably doesn't help OP because their mom wants something to sit up high. My older relatives and many of their friends who used to drive Buick or other larger GM sedans all drive newer Toyota Camrys and Avalons now. The controls are simple, the shifter is traditional, easy to get in/out, cheap...
by tim1999
Sat Feb 27, 2021 1:09 pm
Forum: Personal Consumer Issues
Topic: Which car to sell?
Replies: 16
Views: 1278

Re: Which car to sell?

I’d sell the Murano before the CVT self destructs.
by tim1999
Sat Feb 27, 2021 8:26 am
Forum: Personal Consumer Issues
Topic: How much do you spend nightly for hotels (leisure/vacation)?
Replies: 213
Views: 12856

Re: How much do you spend nightly for hotels (leisure/vacation)?

I prefer to stay in mid-range chain places like Holiday Inn Express, Hampton Inn, Comfort Suites, whatever the mid-range Marriotts are called these days, etc. If none of these options are available, I will stay at an independent hotel or bnb type place if it has a long list of legitimate-appearing p...