Search found 2441 matches

by Random Poster
Tue Apr 20, 2021 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 492
Views: 33117

Re: "Nobody's ever regretted paying off the mortgage."

"Nobody" as in anyone ever in the history of the humankind? There's at least someone who's regretted paying off the mortgage at some point. Though generally speaking, it is a good feeling and likely that the majority of the people paying off the mortgage believe its a good decision. Just ...
by Random Poster
Mon Apr 19, 2021 3:27 pm
Forum: Investing - Theory, News & General
Topic: Whence inflation?
Replies: 174
Views: 11756

Re: Whence inflation?

I am starting to see what I like to call "hidden inflation" with our groceries. Instead of charging more money the manufactures are keeping the prices about the same but reducing the amount of food in the package you buy. Though it is not showing up in any type food price index the effect...
by Random Poster
Sun Apr 18, 2021 12:29 am
Forum: Personal Finance (Not Investing)
Topic: Biglaw moving in-house, portfolio check-in and housing budget
Replies: 13
Views: 1036

Re: Biglaw moving in-house, portfolio check-in and housing budget

Also, about things to consider about moving in-house: Your job will basically be an expense center, not a revenue one, from the perspective of the accountants and CEO. This is not true of all in-house roles. If it wasn’t for our commercial counsel, our account executives wouldn’t be able to close d...
by Random Poster
Sun Apr 18, 2021 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Biglaw moving in-house, portfolio check-in and housing budget
Replies: 13
Views: 1036

Re: Biglaw moving in-house, portfolio check-in and housing budget

Also, about things to consider about moving in-house: Your job will basically be an expense center, not a revenue one, from the perspective of the accountants and CEO. As such, don’t go in thinking that your job will be secure and safe. Mine wasn’t. For example, your client group might get sold or s...
by Random Poster
Sun Apr 18, 2021 12:12 am
Forum: Personal Finance (Not Investing)
Topic: Biglaw moving in-house, portfolio check-in and housing budget
Replies: 13
Views: 1036

Re: Biglaw moving in-house, portfolio check-in and housing budget

Are you planning on selling the rental and use the proceeds as a down payment? If not, how do you plan to pay for (any portion of) the house? From your cash holdings? Not planning on selling the rental, will pay for down payment out of cash holdings (which means we’ll likely end up with less than 2...
by Random Poster
Sat Apr 17, 2021 11:26 pm
Forum: Personal Consumer Issues
Topic: Travel to Vietnam, Thailand, or India
Replies: 72
Views: 5877

Re: Travel to Vietnam, Thailand, or India

There’s not much adventure if you go with a travel outfit, I’d suspect. And there definitely isn’t much adventure in Thailand (save a few, ahem, night spots) or Vietnam these days. There sure wasn’t much there 20 years ago, especially compared to Cambodia and Laos. Regardless, India is probably wher...
by Random Poster
Sat Apr 17, 2021 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Biglaw moving in-house, portfolio check-in and housing budget
Replies: 13
Views: 1036

Re: Biglaw moving in-house, portfolio check-in and housing budget

Are you planning on selling the rental and use the proceeds as a down payment?

If not, how do you plan to pay for (any portion of) the house? From your cash holdings?
by Random Poster
Sat Apr 17, 2021 12:50 pm
Forum: Personal Consumer Issues
Topic: Cockroach Coming Out of Hole in Sink?
Replies: 32
Views: 3150

Re: Cockroach Coming Out of Hole in Sink?

Honestly, I’d move.

Such bugs scare the daylights out of me and so I’d pack up my bags and get out of there as fast as I could.

I hear that New Zealand has few pests. Maybe you could relocate there?
by Random Poster
Sat Apr 17, 2021 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: ACA subsidy cliff now going away! Yay!
Replies: 163
Views: 18653

Re: Important: Check your ACA plan for a possible reduction.

Thanks for the information.

I updated my plan at the beginning of the month and my subsidy actually decreased, apparently because of my unemployment income.

So now I’m waiting for the “those on unemployment get free health insurance” part of the recent law to get implemented.
by Random Poster
Fri Apr 16, 2021 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 492
Views: 33117

Re: "Nobody's ever regretted paying off the mortgage."

So you decided you need a lesser feeling of security because your mortgage is paid off. That's understandable - lots of people give up money for emotional reasons. Not sure what you mean by this, as everyone has to live somewhere and living costs money. And some people have money in the bank equal ...
by Random Poster
Fri Apr 16, 2021 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 492
Views: 33117

Re: "Nobody's ever regretted paying off the mortgage."

It "cost" you whatever you could have earned if you put that money into the market instead, of course. But I wouldn’t have put (and didn’t put) that money into the market anyway. So that comparison of cost is irrelevant and immaterial to me. Having a decent amount of cash in the bank is s...
by Random Poster
Fri Apr 16, 2021 10:23 am
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 492
Views: 33117

Re: "Nobody's ever regretted paying off the mortgage."

But everyone has to live somewhere and if they can do it by trading dollars that aren’t earning much money for a roof and a few walls, then why not? Why aren't their dollars earning much money? Because, presumably, everyone has some cash lying around. As for me, I took my paycheck and put some of i...
by Random Poster
Thu Apr 15, 2021 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 492
Views: 33117

Re: "Nobody's ever regretted paying off the mortgage."

I have never had a mortgage. I don’t like debt and I don’t like commitment. So I rented an apartment shortly after graduating college and saved up cash and put money in index funds as soon as I got a real job after law school. I then lost my job last year and decided to buy a house, mostly because I...
by Random Poster
Tue Apr 13, 2021 9:57 pm
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 188
Views: 19375

Re: Did you move for better weather? Did you regret it?

Well, not -just- for the weather, but that was sure a factor. 300 days of sun is quite nice! At 7,000+ elevation, the hottest it gets is 90-ish. We don't have AC and don't miss it, especially compared to the $300/month electric bills half the year in Northern VA. (That said, we may eventually add a...
by Random Poster
Tue Apr 13, 2021 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Any happy lawyers out there?
Replies: 138
Views: 12817

Re: Any happy lawyers out there?

So, my question for you lawyers out there: do you have unalloyed good things to say about the profession? Have you found a niche that allows you to be well-compensated and intellectually stimulated while having a life outside of work? Have you been able to prioritize your family? How did you find t...
by Random Poster
Mon Apr 12, 2021 9:11 pm
Forum: Personal Consumer Issues
Topic: Routine Plumbing Pipe Maintenance?
Replies: 16
Views: 1291

Re: Routine Plumbing Pipe Maintenance?

Thanks to everyone who has responded.

If anyone really wants to see a photo, PM me and I’ll send you a link.
by Random Poster
Mon Apr 12, 2021 6:47 pm
Forum: Personal Consumer Issues
Topic: Routine Plumbing Pipe Maintenance?
Replies: 16
Views: 1291

Re: Routine Plumbing Pipe Maintenance?

Anyone in your house use a lot of thick hair conditioner in the shower? Some hair conditioners can cling as a gelatinous mass inside the PVC pipe and will darken with mold if not cleaned out periodically. I have no idea what the previous owner used or did in the shower. I can’t say that I ever paid...
by Random Poster
Mon Apr 12, 2021 5:08 pm
Forum: Personal Consumer Issues
Topic: Routine Plumbing Pipe Maintenance?
Replies: 16
Views: 1291

Re: Routine Plumbing Pipe Maintenance?

Vinegar and baking soda is good if you want to avoid caustics. Otherwise to stop sludge build-up you can get "main-line" cleaner from your home center / home improvement warehouse (Lowes, Home Depot, etc) and run it down once a year. It's pretty much just lye and maybe some enzymes to bre...
by Random Poster
Mon Apr 12, 2021 5:06 pm
Forum: Personal Consumer Issues
Topic: Routine Plumbing Pipe Maintenance?
Replies: 16
Views: 1291

Re: Routine Plumbing Pipe Maintenance?

it also didn’t look like anything I could find online that is gasket related, and the total thickness of the material is a few mm. Considering how easy the stuff would flake off and peel away from itself, I can’t imagine it being much of a gasket. It was sludge from soap and other residue that drie...
by Random Poster
Mon Apr 12, 2021 4:41 pm
Forum: Personal Consumer Issues
Topic: Routine Plumbing Pipe Maintenance?
Replies: 16
Views: 1291

Re: Routine Plumbing Pipe Maintenance?

Is it a “shower drain gasket”? I’ve never seen one personally..... but maybe that is what you encountered. I don’t think it was that because this black stuff extended the entire length of the vertical drain pipe and a bit into the curved portion, for a total length of about 12-14 inches. ETA: it al...
by Random Poster
Mon Apr 12, 2021 4:22 pm
Forum: Personal Consumer Issues
Topic: Routine Plumbing Pipe Maintenance?
Replies: 16
Views: 1291

Routine Plumbing Pipe Maintenance?

I recently bought a 3 year old house. Slab foundation. Long story short : My wife wanted to clean out the shower drain, thinking that the drain had some hair in it. When I took off the drain cover, there was some sort of rubberish material at the top of the drain, which extended all the way down the...
by Random Poster
Sun Apr 11, 2021 11:56 am
Forum: Personal Consumer Issues
Topic: Best 4 wheel drive vehicle
Replies: 75
Views: 5974

Re: Best 4 wheel drive vehicle

The short answer is for true off-roading there are really only a handful of choices. Jeep wenagler/gladiator Mercedes g wagen (but I wouldn’t take it off-road for fear of damage) Ford bronco (designed for it but untested in the wild) If the size of the trail isn’t a problem you can probably add the...
by Random Poster
Sat Apr 10, 2021 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: In-Laws' HOA demanding $8000 lumpsum payment
Replies: 91
Views: 10548

Re: In-Laws' HOA demanding $8000 lumpsum payment

In fact, a large piece of the premium paid for a policy goes to fund the legwork required to thoroughly research the property's title. Yeah, no. First, title isn’t usually run from sovereignty, despite what they may claim or want you to believe. Most people just run it from wherever the root of tit...
by Random Poster
Wed Apr 07, 2021 11:56 am
Forum: Personal Finance (Not Investing)
Topic: ACA subsidy cliff now going away! Yay!
Replies: 163
Views: 18653

Re: ACA subsidy cliff now going away! Yay!

The COVID-19 relief law makes special considerations for people approved to receive or receiving unemployment compensation at any point in 2021. In the quote above "receiving unemployment compensation" is easy to understand. But does anyone know how to interpret the term "approved to...
by Random Poster
Tue Apr 06, 2021 1:21 pm
Forum: Personal Consumer Issues
Topic: Thoughts on HOA Board Membership?
Replies: 31
Views: 2701

Thoughts on HOA Board Membership?

I’m considering running for an open spot on the neighborhood HOA board. I have no board experience and am relatively new to the neighborhood and so I may not win, but regardless, I figure it might be worth a shot. The board is still controlled by the developer and no one seems to have any official t...
by Random Poster
Mon Apr 05, 2021 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 449
Views: 57288

Re: Tales from this insane real estate market

Interesting. This presents an opportunity for folks. Someone build an app that allows folks from Nashville (St. Louis, Chicago, Austin, etc) to hook up with folks from San Fran (LA, San Diego, etc) and share a local U-Haul rental. For example, NashvilleToSanFran person rents U-Haul in Nashville for...
by Random Poster
Mon Apr 05, 2021 2:41 pm
Forum: Personal Consumer Issues
Topic: Buying pantry items in bulk
Replies: 22
Views: 1926

Re: Buying pantry items in bulk

Don't buy a product in bulk unless you have tried it previously. A year ago, when the pandemic was just beginning, and the shelves were bare, I was at Target and grabbed a 24-pack of a new (to me) brand of toilet paper. I didn't like it, and it took me most to the rest of 2020 to use it all up. Goo...
by Random Poster
Fri Apr 02, 2021 4:56 pm
Forum: Personal Consumer Issues
Topic: Best nonstick pans?
Replies: 65
Views: 5186

Re: Best nonstick pans?

Best to treat as disposable.

We just buy a 10” Calaphon (sp?) from Target for around $20 and replace it every few years.

But I will say that the last one we bought in 2019 shows no scratches or loss of non-stickage yet.
by Random Poster
Fri Apr 02, 2021 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Snowbirds - mail and bills
Replies: 42
Views: 4317

Re: Snowbirds - mail and bills

The only bill I have that can’t be on autopay is sewer, due solely to the utility’s oddball rules.

Because each month’s bill is the same for a year, I just pay it all in advance for 12 months with one check.

So look into just prepaying stuff too.
by Random Poster
Thu Apr 01, 2021 11:08 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6592
Views: 1453739

Re: What Movie Have You Recently Watched?

The Banker, on Apple TV In the 1960s, two entrepreneurs hatch an ingenious business plan to fight for housing integration-and equal access to the American Dream. Stars Samuel L Jackson and Anthony Mackie. I liked it. Highlights the underlying (or perhaps overt) racism in America in a thought provoki...
by Random Poster
Thu Apr 01, 2021 5:17 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14760
Views: 1134391

Re: U.S. stocks continue to soar!

Inflation is going to be interesting to watch. I kinda feel like it’s already happening in some areas such as housing. It isn’t just in housing. Food prices are definitely increasing. Precooked bacon, 72 pack, at Sam’s Club has gone from $10-$11 a pack to $14. Pork in general is getting more expens...
by Random Poster
Thu Apr 01, 2021 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: ACA subsidy and 2021 unemployment income
Replies: 6
Views: 465

Re: ACA subsidy and 2021 unemployment income

The unemployment subsidy benefit hasn’t gone into effect yet. As I recall, it won’t be inputted into the ACA marketplace calculator until summer, perhaps mid-summer. Don’t quite remember where I read that, but I’ll see if I can dig it up. ETA: See here: https://www.healthcare.gov/more-savings/ I, to...
by Random Poster
Thu Apr 01, 2021 3:05 pm
Forum: Personal Investments
Topic: Vanguard site issues
Replies: 54
Views: 4593

Re: Vanguard site issues

IMO, it is foolish for one to wait to the last second to transact for an important planned money event. Any time I've had something really important, I had the $ in hand at our local bank well before the needed date, or confirmed at the brokerage before before that buy. There are many whaaaa-whaaaa...
by Random Poster
Wed Mar 31, 2021 4:28 pm
Forum: Personal Consumer Issues
Topic: Is it time to replace my Roku 3?
Replies: 18
Views: 1197

Re: Is it time to replace my Roku 3?

I do think the AppleTV provides a far better experience if you are even moderately invested in Apple (ie. if you have an iPhone). The UI is light years better. Not really on point, but the Apple TV app through Roku seems awfully buggy to me. I only have access to Apple TV as part of their 1 year fr...
by Random Poster
Wed Mar 31, 2021 10:42 am
Forum: Personal Investments
Topic: Vanguard site issues
Replies: 54
Views: 4593

Re: Vanguard site issues

Since I follow appropriate asset allocation for liability matching, my house down payment money is in my savings account, not my brokerage. You know that a brokerage account can have cash in it, right? ETA: Also, the whole “plan better” argument is a weak one, as it puts the burden on the consumer ...
by Random Poster
Wed Mar 31, 2021 9:35 am
Forum: Personal Investments
Topic: Vanguard site issues
Replies: 54
Views: 4593

Re: Vanguard site issues

I quite literally cannot think of any reason why I would truly need to log in to Vanguard, and couldn't just go back on the next day. I would assume this also applies to most passive investors who are truly following the Bogleheads' strategy. Here are a few reasons why someone might need to have ac...
by Random Poster
Tue Mar 30, 2021 11:21 pm
Forum: Personal Investments
Topic: Vanguard site issues
Replies: 54
Views: 4593

Re: Vanguard site issues

I wouldn't know. This isn't one of the ten or so days each year when I need to access my Vanguard account. I use the word "need" very loosely too. Nothing I couldn't do tomorrow. Benefits of the passive strategy. That is quite an unhelpful response. It smacks of a “if it doesn’t affect me...
by Random Poster
Mon Mar 29, 2021 10:38 pm
Forum: Personal Consumer Issues
Topic: Curious about negative expat experiences -- why don't more people do it?
Replies: 111
Views: 10768

Re: Curious about negative expat experiences -- why don't more people do it?

Those Expats that really enjoyed and did well on assignment were those interested in learning a new culture and way of life. If you are very open to new experiences and cultures an Expat assignment is a lot of fun. I took an assignment in Singapore and really enjoyed it. At my former employer, at l...
by Random Poster
Mon Mar 29, 2021 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: More advice for BigLaw Survivor, please?
Replies: 211
Views: 31191

Re: More advice for BigLaw Survivor, please?

BigLaw Survivor wrote: Mon Mar 29, 2021 6:16 pm I feel pretty good about where I am.
Well, ultimately, isn’t that all that really matters?
by Random Poster
Mon Mar 29, 2021 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Help with career decision! Canada vs USA - Physician
Replies: 9
Views: 971

Re: Help with career decision! Canada vs USA - Physician

I will add that immigrating at my age with a large asset base seems to be fraught with many potential pitfalls for me, tax wise. You might have that experience as well. Slightly off-topic, but the tax issues involved with relocating to Canada when one has a decent amount of assets is the primary re...
by Random Poster
Mon Mar 29, 2021 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: More advice for BigLaw Survivor, please?
Replies: 211
Views: 31191

Re: More advice for BigLaw Survivor, please?

PP. I hear what you're saying. I truly do. It's just that my strategy so far -- buy and hold, and don't overspend -- has served me very well for decades and I'm loathe to change it now. Not to mention that right now we have $400,000 in cash, which is two years' living expenses for us. $200k/yr is n...
by Random Poster
Sun Mar 28, 2021 11:10 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 5099
Views: 1325584

Re: What Book Are You Currently Reading? Part VI

Evicted: Poverty and Profit in the American City by Matthew Desmond A great corrective to getting me out of my upper middle class bubble. Evicted by Matthew Desmond. Follows eight family's in Milwaukee ( think Kenosha) Poverty and profit in Wisconsin Just finished this book, after picking it up at ...
by Random Poster
Sat Mar 27, 2021 10:33 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2782
Views: 276326

Re: [What TV Show Have You Recently Watched?]

Tehran, on AppleTV.

It is basically an Arabic Bourne movie, in 8 parts.

Only through the fourth episode, but I like it so far.
by Random Poster
Sat Mar 27, 2021 3:53 pm
Forum: Personal Consumer Issues
Topic: Car in Hawaii For One Year
Replies: 35
Views: 2274

Re: Car in Hawaii For One Year

I’d register the car in Hawaii just to be able to have a Hawaii license plate to display on my garage wall someday.
by Random Poster
Fri Mar 26, 2021 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: COVID-19 Funeral Assistance
Replies: 9
Views: 1266

Re: COVID-19 Funeral Assistance

Very helpful. Thanks.
by Random Poster
Thu Mar 25, 2021 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 449
Views: 57288

Re: Tales from this insane real estate market

Flashes1 wrote: Thu Mar 25, 2021 12:33 pm
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.
by Random Poster
Wed Mar 24, 2021 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: What is an average retirement a/c worth in America ?
Replies: 228
Views: 22412

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

Some of the most popular posts here are full of outliers and should not be used to assess the average, median or mode of family finances. I take it as quite a few "humble bragging" about their $350k silicon valley salaries with $200k RSUs and buying $2million homes with $1.5 million netwo...
by Random Poster
Wed Mar 24, 2021 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended Car Insurance Limits?
Replies: 4
Views: 686

Re: Recommended Car Insurance Limits?

I don’t hold a higher auto limit than required by the umbrella as my understanding is that any excess auto coverage isn’t additive to the total covered by the auto/umbrella. For example, if the required auto limit was $300k and my umbrella limit is $1 million, increasing my auto limit to $500k does...
by Random Poster
Wed Mar 24, 2021 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended Car Insurance Limits?
Replies: 4
Views: 686

Recommended Car Insurance Limits?

Curious if there are standard recommendations for what one’s car insurance bodily injury and property damage limits should be. For bodily injury, I have been at $500k for each person and $1M for each accident, and $300k for property damage. I also have a $1M umbrella policy. Have been with Amica pre...