Search found 157 matches

by Greentree
Sat Mar 20, 2021 11:04 am
Forum: Personal Finance (Not Investing)
Topic: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too
Replies: 211
Views: 12330

Re: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too

Having grown up in Worcester I would not want to return to the armpit of New England. If you haven't been back, it is a lot nicer than it used to be. https://www.npr.org/2018/10/23/658263218/forget-oakland-or-hoboken-worcester-mass-is-the-new-it-town My opinion having grown up there is that people ...
by Greentree
Thu Mar 18, 2021 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too
Replies: 211
Views: 12330

Re: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too

I grew up near WPI and I never really considered it. Now being older, I realize that it is a very good school. A friend who went there, who had average grades in high school (I believe he had some help getting into the school), went on to become very successful. He seems to have excelled there and m...
by Greentree
Thu Jan 21, 2021 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Anyone ever do small scale contract design and manufacturing?
Replies: 3
Views: 267

Re: Anyone ever do small scale contract design and manufacturing?

I am a mechanical engineer and do this type of work. We design products for customers/companies and then work with a manufacturer to build it. I don't know what your product is, but having something at a $150 price point with lower volume is easier than volume in the millions at a $3 price point, be...
by Greentree
Tue Jan 12, 2021 4:18 pm
Forum: Personal Consumer Issues
Topic: How to do the Boundary Waters?
Replies: 30
Views: 3003

Re: How to do the Boundary Waters?

I have done a BW trip 3 times about 12-15 years ago. Having difficulty finding a camping spot is not an issue. Maybe it'll be different with covid and more people getting outside, but it's more likely that after a day or so that you won't see anyone. They give you this map to follow with tons of lak...
by Greentree
Sat Jan 09, 2021 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Family Costs 1970s vs 2020s
Replies: 122
Views: 10208

Re: Family Costs 1970s vs 2020s

I'm just about finished with reading "The Two Income Trap" by Elizabeth Warren in 2003. It is decent, if not obvious for most bogleheads. Her points: - While we eat out more, food costs are much less than years ago so it is about a wash. - Cars are more expensive, but they last longer and ...
by Greentree
Sat Jan 02, 2021 1:53 pm
Forum: Personal Investments
Topic: When I win the lottery tonight
Replies: 10
Views: 719

Re: When I win the lottery tonight

Go out and treat yourself to something nice. Like a 2022 Toyota Corolla.
by Greentree
Fri Jan 01, 2021 8:33 am
Forum: Personal Consumer Issues
Topic: Have I Been Overpaying Amazon?
Replies: 98
Views: 7259

Re: Have I Been Overpaying Amazon?

Similar thing happened to me recently. I was ordering some expensive screws and hardware on amazon, just before buying, I checked home depot online. They were significantly less for the same product. Ordered on home depot and had it shipped to my house, so no difference in service. I remember Amazon...
by Greentree
Sun Nov 15, 2020 2:29 pm
Forum: Investing - Theory, News & General
Topic: Share proof that no one knows nothing
Replies: 68
Views: 7384

Re: Share proof that no one knows nothing

I’m going to butcher the details but I often think about the updated intro to “Intelligent Investor” which was written by Warren Buffet. He talked about a time frame (believe it was late 1970s) when he was certain the market was going to collapse. It proceeded to go up for two years at a good clip. ...
by Greentree
Fri Sep 18, 2020 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 311
Views: 21592

Re: Preparing for retirement in mid 30s

Assuming that you can work from home right now, why not move to a LCOL place, set your budget at $45k and work for one more year (or a few months) to test it out? There's almost never been a better time to do this.
by Greentree
Mon Sep 07, 2020 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on condos?
Replies: 65
Views: 6114

Re: Thoughts on condos?

Many of my friends bought a condo at about your age, then had kids a few years later. Once they had kids, they didn’t enjoy condo living and had to sell it for no gain (or loss) after realtor fees. I think it does come down to how long you’ll stay in it. If you won’t be staying long enough to recoup...
by Greentree
Tue Jul 28, 2020 10:28 pm
Forum: Personal Consumer Issues
Topic: Only tool I've ever used to repair a car is a Visa card: Can I replace a Camry Bumper myself?
Replies: 15
Views: 1556

Re: Only tool I've ever used to repair a car is a Visa card: Can I replace a Camry Bumper myself?

Toyota’s are pretty easy to work on. Everything snaps or screws in. Watch a few YouTube videos, think it through then give it a shot. When I started working on cars, I always had a back up plan in case I couldn’t figure it out. Worst case, throw the bumper in the car and go to a shop or call a mobil...
by Greentree
Fri Apr 17, 2020 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Chase PPP Failure
Replies: 5
Views: 658

Re: Chase PPP Failure

I also applied through Chase. They were slow to start, there was no communication throughout, and I quickly had little expectation that I would ever hear back. I get the feeling that the smaller banks were able to process a higher percentage of their customer loans. We are small fish for Chase, and ...
by Greentree
Sat Feb 08, 2020 9:52 pm
Forum: Personal Consumer Issues
Topic: I bought Consumer Reports lowest rated car...
Replies: 76
Views: 9447

Re: I bought Consumer Reports lowest rated car...

It seems like CR bundles all issues together and has a total quantity rating. I really don’t care if the radio is a problem as long as the transmission doesn’t go in 5 years. One nice thing about buying used cars is you can research forums to see what issues came up with particular models and then ...
by Greentree
Sat Feb 08, 2020 8:17 pm
Forum: Personal Consumer Issues
Topic: I bought Consumer Reports lowest rated car...
Replies: 76
Views: 9447

Re: I bought Consumer Reports lowest rated car...

It seems like CR bundles all issues together and has a total quantity rating. I really don’t care if the radio is a problem as long as the transmission doesn’t go in 5 years. One nice thing about buying used cars is you can research forums to see what issues came up with particular models and then b...
by Greentree
Mon Feb 03, 2020 4:01 pm
Forum: Investing - Theory, News & General
Topic: Tesla Stock
Replies: 301
Views: 17242

Re: Tesla Stock

I like Teslas and think they are the best electric car out there. There is no reason for such a high valuation of the company though. I think this is one of those things where people buy the stock because they like the product, instead of evaluating the actual value of the stock price. As I understa...
by Greentree
Thu Jan 30, 2020 5:10 pm
Forum: Personal Consumer Issues
Topic: Electric Scooters
Replies: 25
Views: 1937

Re: Electric Scooters

People do some dumb things on scooters. They wear sandals, go between cars, no shirt. They attract stupid behavior. I've ridden one like a normal person (not top speed, not weaving, with real shoes) and they are pretty fun and a good way to travel. Seems like a good way to go. You might even have fun.
by Greentree
Tue Jan 21, 2020 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: What are you doing differently this year?
Replies: 41
Views: 3722

Re: What are you doing differently this year?

Not sure if this is what you had in mind but...I'm trying to take things less seriously. I got to thinking about this over the long holiday break and as you say, it's not so much a resolution as something I'm trying differently. I think I got to the point where everything was so serious that I was h...
by Greentree
Mon Sep 30, 2019 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Half of Retirees Afraid to Use Savings
Replies: 111
Views: 13790

Re: Half of Retirees Afraid to Use Savings

I agree with you willthrill81, that was the case.
by Greentree
Mon Sep 30, 2019 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Half of Retirees Afraid to Use Savings
Replies: 111
Views: 13790

Re: Half of Retirees Afraid to Use Savings

I had an aunt that was very frugal. She drove a cheap car, lived with relatives and didn't spend money. She was generally a fearful person. When she passed away, it turned out she had saved almost $1 million. My uncle on the other hand had a very low paying job, was frugal as well, but was easy to t...
by Greentree
Wed Sep 18, 2019 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Major home renovations and Recessions... Good or bad?
Replies: 11
Views: 1436

Re: Major home renovations and Recessions... Good or bad?

We had a home project quoted in 2006 at $10k. It was maintenance work and the contractor told me we could probably wait a few years to do it. I called him in 2009 to go ahead with the project and the new quote came back at $5.5k. I don't think this will happen everytime, but I think contractors were...
by Greentree
Thu Aug 29, 2019 4:07 pm
Forum: Personal Consumer Issues
Topic: Your best deal from Craigslist
Replies: 46
Views: 4334

Re: Your best deal from Craigslist

I like to use craigslist for selling local stuff. I've never had an issue with scammers personally. I had to remove a big iron gate for our cars but didn't want to pay someone so I was planning on doing it myself. I posted it for free for anyone who remove it. A man and his wife came with all their ...
by Greentree
Wed Aug 21, 2019 9:51 am
Forum: Personal Consumer Issues
Topic: Chicago - What to see, do & eat in two days
Replies: 71
Views: 4435

Re: Chicago - What to see, do & eat in two days

I live in Chicago and have kids so this is what I'd do to enjoy myself and the kids: Millenium park: stop at the bean then walk east and a little south (in Chicago, all directions are given in north, south, east, west, there is no such thing as left and right) until you get to Maggie Daley Park. You...
by Greentree
Mon Jul 08, 2019 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Customer negotiating invoice payment
Replies: 17
Views: 1918

Re: Customer negotiating invoice payment

Contract or not, I think my first response would be "we agreed on 12K, is there a problem with my work"? Start simple. I’d go here. And I would document via email. It turns out that Joe really did not realize we were time and materials. Once he saw the first emails that laid out our terms...
by Greentree
Sat Jul 06, 2019 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Customer negotiating invoice payment
Replies: 17
Views: 1918

Re: Customer negotiating invoice payment

Thanks for all of the replies, it is really helpful. While I was hoping everyone would say hold out for the full payment, it looks like most say take the $10k and make it up later, so that's the way I'll go. I will get a contract in place and get a system in place for anytime hours exceed the estima...
by Greentree
Sat Jul 06, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Customer negotiating invoice payment
Replies: 17
Views: 1918

Customer negotiating invoice payment

My work is independent contract hourly service work and have been in business for 5+ years. I did a small project for someone who used to be the president at my former employer, let's call him Joe. We outlined our terms when the project started in an email: we are time and materials and we bill at t...
by Greentree
Wed Apr 24, 2019 11:32 am
Forum: Personal Consumer Issues
Topic: Car/Truck/SUV??
Replies: 25
Views: 2183

Re: Car/Truck/SUV??

Renting a truck at Home Depot is a pain compared to having your own means if you are doing a decent amount of work. I have a wagon with a roof rack as own main car and I can fit everything on top of it. When I've rented from our local Home Depot, it takes me ~30 minutes to wait in line and sign the ...
by Greentree
Fri Apr 12, 2019 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: 4% SWR - how confident are you?
Replies: 117
Views: 9412

Re: 4% SWR - how confident are you?

For people who say 3% is the new 4%... 1/30 = .033, or 3.3%. Meaning that if you stuck your money under the bed and pulled out 3.3% a year, it would make it 30 years exactly. So using 3%, you are figuring on the stock market or bonds decreasing over the 30 years (in which case you should just stick...
by Greentree
Fri Apr 12, 2019 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: 4% SWR - how confident are you?
Replies: 117
Views: 9412

Re: 4% SWR - how confident are you?

For people who say 3% is the new 4%... 1/30 = .033, or 3.3%. Meaning that if you stuck your money under the bed and pulled out 3.3% a year, it would make it 30 years exactly. So using 3%, you are figuring on the stock market or bonds decreasing over the 30 years (in which case you should just stick ...
by Greentree
Mon Apr 08, 2019 8:58 am
Forum: Personal Consumer Issues
Topic: New homeowner wants to DIY, but disappointed today
Replies: 50
Views: 5611

Re: New homeowner wants to DIY, but disappointed today

I enjoy the DIY projects because I like learning and I like saving money. If you do too, then just keep at it and you'll look back and be amazed at how much better you've gotten. My first projects were total disasters. I tried to make a basic cabinet and it fell apart. That was 10 years ago. Last ye...
by Greentree
Wed Mar 27, 2019 9:06 am
Forum: Personal Consumer Issues
Topic: Are 2004 Ford Rangers Reliable?
Replies: 20
Views: 1633

Re: Are 2004 Ford Rangers Reliable?

I had a Ranger for a while, I think it was a 96. It never gave me any trouble. Ford makes some reliable cars and some not so much. The Ranger falls into the reliable side, mostly because they are basic and they never really change anything on it. Compared to a Toyota, it was not as refined but I thi...
by Greentree
Tue Mar 19, 2019 12:56 pm
Forum: Personal Consumer Issues
Topic: The lawyers who took on Big Tobacco are aiming at Realtors and their 6% fee
Replies: 34
Views: 3850

Re: The lawyers who took on Big Tobacco are aiming at Realtors and their 6% fee

Redfin charges 1-1.5%, instead of the typical 2.5-3% seller agent's fee. It seems like technology will eventually push it's way in. I think it would change more quickly if the buyer directly paid the 3% themselves. It just seems easy to have an agent do a little work for you when you don't feel like...
by Greentree
Mon Feb 12, 2018 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 169
Views: 23524

Re: Number at which to stop worrying

I guess I view this differently than other responders. 50x is the amount to relax and not worry about working at all. But if you are planning on continuing to work and save, I think you can definitely mentally relax at 2mm. Probably can relax at 1.5mm. That doesn't mean you can hang it up, but you c...
by Greentree
Mon Feb 12, 2018 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 169
Views: 23524

Re: Number at which to stop worrying

I guess I view this differently than other responders. 50x is the amount to relax and not worry about working at all. But if you are planning on continuing to work and save, I think you can definitely mentally relax at 2mm. Probably can relax at 1.5mm. That doesn't mean you can hang it up, but you c...
by Greentree
Sun Feb 11, 2018 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to move to a lower paying career?
Replies: 53
Views: 6710

Re: Can I afford to move to a lower paying career?

There is a good chance that teaching will financially be a better move if you can last longer even at a lower salary. It will also keep your brain engaged longer and give you more enjoyement. I vote for option 2.
by Greentree
Fri Feb 09, 2018 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Nanny tax for multiple part-time nannies / babysitters
Replies: 8
Views: 1086

Re: Nanny tax for multiple part-time nannies / babysitters

We used www.simplenannypayroll.com. I don't think it has as many features as the others but you enter in the payroll amount and it tells you what you owe where. I think it's a glorified excel spreadsheet but at least it helps navigate. At the end of the year, it gives you a summary of each employee ...
by Greentree
Fri Feb 02, 2018 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple bank accounts - am I crazy?
Replies: 46
Views: 6152

Re: Multiple bank accounts - am I crazy?

I just went through a process to simplify my accounts. I also had capitalone, as well as vanguard and chase. I moved everything (except a little bit that stays at chase) to fidelity, since that is where my 401k is. I just like knowing that if I get hit by that bus there is one place for my wife to l...
by Greentree
Fri Jan 05, 2018 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Downsizing to one car in retirement...
Replies: 68
Views: 6377

Re: Downsizing to one car in retirement...

By the time you retire in 20 years, there is a good chance there will be an uber type autonomous driver service. A prediction is that something without a driver would be less expensive per mile than owning your own car. I could imagine very few people in the bigger cities would own a car at all.
by Greentree
Mon Dec 04, 2017 8:58 pm
Forum: Personal Consumer Issues
Topic: selling an older car on eBay-no bites!
Replies: 65
Views: 6118

Re: selling an older car on eBay-no bites!

If it really is unusual, take a look at bringatrailer.com. They auction really nice cars as well as just weird stuff you don't see around.
by Greentree
Tue Nov 21, 2017 8:52 pm
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 93
Views: 8624

Re: Uber for someone who knows only taxis

If you think taxis are courteous, you'll love Uber:). I always hated taking taxis because they generally drove like nuts in our bigger city. Uber drivers drive like normal people. My only bad experience over many trips is a suburban driver who didn't know how to drive in the city. It took us forever...
by Greentree
Wed Sep 06, 2017 6:56 pm
Forum: Personal Consumer Issues
Topic: Need Advise On Getting to Patriots Game, Foxborough
Replies: 13
Views: 1745

Re: Need Advise On Getting to Patriots Game, Foxborough

I actually took that train once. It worked out well getting there. On the way back, we had to wait a while for a few freight trains. As long as you're not in a rush, it should be good.
by Greentree
Fri Jun 16, 2017 3:23 pm
Forum: Personal Consumer Issues
Topic: Happy Fathers Day - got me a used Weber grill!
Replies: 26
Views: 4994

Re: Happy Fathers Day - got me a used Weber grill!

Not crazy at all. I don't know why gifts have to be new. I asked for a backpack from Craigslist last year because new they were $250, and Craigslist they were $50. I felt bad having my wife waste the money.
by Greentree
Sun Mar 12, 2017 7:14 pm
Forum: Personal Consumer Issues
Topic: Flooring for Basement
Replies: 36
Views: 5633

Re: Flooring for Basement

We went with metallic epoxy coating and area rugs. The metallic epoxy is applied to the bare concrete floor. It looks sort of like stained concrete. Not as cold as tile but not as insulating as vinyl. The kids play on the area rugs. It was 4.75 / sq ft installed. We are happy with the look and we do...
by Greentree
Sat Feb 18, 2017 2:00 pm
Forum: Personal Consumer Issues
Topic: Anxiety about buying used car
Replies: 50
Views: 5916

Re: Anxiety about buying used car

I would never buy a used car off any dealer. Except carmax. If you want to save money, but take more risk over carmax, you can buy used on Craigslist. 1. Determine make and model of car you want. The nice thing about used cars is you can find out if they have any issues with the model. For instance,...
by Greentree
Fri Dec 30, 2016 5:00 pm
Forum: Personal Consumer Issues
Topic: Zipcar?
Replies: 9
Views: 1948

Re: Zipcar?

I used ZipCar and some other car shares. It is a bit of a hassle but I would pull out my phone and take a quick video walking around the car before and after the rental. Nothing too detailed because I figured I could take screen shots if an issue ever occurred that I needed to argue.
by Greentree
Thu Nov 03, 2016 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: 27/m. Wanting to Quit My Job. Any Words of Wisdom?
Replies: 55
Views: 9511

Re: 27/m. Wanting to Quit My Job. Any Words of Wisdom?

I remember these days:). It took a while before I actually enjoyed going to work. Most of it is exactly what you said, bosses and politics. I remember one day seeing a garbage man and thinking, hmmm, that might not be so bad, I think they make pretty good money. That is a true story. Changing jobs a...
by Greentree
Tue Oct 25, 2016 1:57 pm
Forum: Personal Consumer Issues
Topic: Anyone choose a nanny over daycare?
Replies: 34
Views: 4596

Re: Anyone choose a nanny over daycare?

We did a nanny share with a nearby family. We rotate houses, our house one week, their house the next week. With two children, it is a bit more social and it is less expensive than a daycare. We tried daycare, but none were taking new children or gave us any kind of idea of whether we would be able ...
by Greentree
Mon Oct 03, 2016 8:08 pm
Forum: Personal Consumer Issues
Topic: Deleted
Replies: 38
Views: 7320

Re: Anyone try YourMechanic ?

I used this for a brake job. I can't remember the price but it was very competitive. I think the key, like you'd expect, is who do they give you. I saw the reviews for the mechanic beforehand and they were very good. It saved me a trip to a shop, the work was good and it was inexpensive. I was happy...
by Greentree
Wed Aug 31, 2016 9:59 pm
Forum: Personal Consumer Issues
Topic: Car Shopping - Early 2000s Mid-Sized Car Reliability under $5k?
Replies: 37
Views: 6709

Re: Car Shopping - Early 2000s Mid-Sized Car Reliability under $5k?

We got a 2005 Matrix with 112k miles for $5300. It is in nice shape and is practical.

You can find the 2003 and 2004 for less, in the $3500 - $5000 range.

The Pontiac vibes are the same car, just couldn't get myself to drive a Pontiac.
by Greentree
Fri Aug 12, 2016 8:51 pm
Forum: Personal Investments
Topic: I am tempted to time the market
Replies: 36
Views: 3992

Re: I am tempted to time the market

I remember reading something Warren Buffet said, I think it was in the updated Intelligent Investor. He was talking about how hard it is to figure out the top and bottom, and an example was some period of time I believe in 70s. At the time, He said the market was too high, and it went up a lot from ...
by Greentree
Sun Jul 17, 2016 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?
Replies: 66
Views: 10229

Re: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?

I'd personally rather work 20 - 30 hours per week all year than 4 months on / 8 months off. I agree with the others that you should try to figure out a way to do that on your own.