Search found 334 matches

by jucor
Fri Apr 23, 2021 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Do you have guaranteed replacement cost provision with your homeowners insurance?
Replies: 46
Views: 3362

Re: Do you have guaranteed replacement cost provision with your homeowners insurance?

I do not have that coverage. Should I experience a total loss from a tornado or the like I would almost certainly not rebuild my house on my lot. I'd settle with the insurance company and buy a different home in a different place. My home's structure is insured for more than twice my home's market v...
by jucor
Mon Apr 19, 2021 11:28 am
Forum: Personal Finance (Not Investing)
Topic: How do you calculate money needed in retirement when still 15+ years away?
Replies: 39
Views: 3327

Re: How do you calculate money needed in retirement when still 15+ years away?

My tactic has always been to save and invest as reasonably aggressively as we can -- living a decent life, but not going for lifestyle inflation. It is hard to predict precisely what our expenses will be in retirement -- health being a potential huge unknown -- but now, with 10 or so years to go we ...
by jucor
Sun Apr 11, 2021 12:03 pm
Forum: Personal Consumer Issues
Topic: Would (did) you preemptively replace your Roof Shingles
Replies: 51
Views: 3492

Re: Would you preemptively replace your Roof

Worst case, you’ll just end up replacing it at your own expense when it reaches its natural end of life. Jumping in here because I have this same question as OP. What is your definition of "natural end of life"? How is that determined? If you mean at the end of "20 years" or wha...
by jucor
Sun Apr 04, 2021 8:25 am
Forum: Personal Consumer Issues
Topic: Tankless Water Heater - Struggling to Justify
Replies: 71
Views: 5934

Re: Tankless Water Heater - Struggling to Justify

Where I live in Texas it’s apparently allowed by code to put the water heaters in the attic. So I have a total of 200 gallons of water sitting in my attic.... makes me nervous not going to lie. I will probably switch to tankless in the next few years just for peace of mind! Funny, I’m in Chicago, a...
by jucor
Fri Apr 02, 2021 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Estate planning Advice - Inheriting Large Estate
Replies: 14
Views: 1838

Re: Estate planning Advice - Inheriting Large Estate

As you say, you might not be Jeff Bezos level rich, but your family is still well into the top 1% -- your father and your family are, without a doubt, quite rich.
by jucor
Wed Mar 17, 2021 7:08 am
Forum: Personal Consumer Issues
Topic: Live on a lake in Florida?
Replies: 40
Views: 5415

Re: Live on a lake in Florida?

Breed mosquitos for fun and profit. ;)
by jucor
Sat Mar 13, 2021 10:08 am
Forum: Personal Consumer Issues
Topic: water pipe leaking
Replies: 51
Views: 3510

Re: water pipe leaking

Wow -- that's a bit of a mess. It looks like you've got a mix of galvanized and copper -- are more of your water lines galvanized? I'd likely call ap lumber, as the corrosion that is visible on a number of those joints indicates that future leaks are in the the offing.
by jucor
Fri Mar 12, 2021 7:34 am
Forum: Non-US Investing
Topic: Buy another house while old house unsold? [Asia]
Replies: 19
Views: 2104

Re: Buy another house while old house unsold?

The plot of land we want to buy cost approx 220k usd, cost to build is approx 120k, so total of 340k usd, but the build part can come later Even in a low cost of living area the building cost sounds very low if this is in the US, it would be good to verify this. With the pandemic contractors are sw...
by jucor
Sun Mar 07, 2021 7:48 pm
Forum: Personal Consumer Issues
Topic: Using OBD2 scanner to evaluate used car buying
Replies: 102
Views: 4763

Re: Using OBD2 scanner to evaluate used car buying

As a seller the only way I can see accepting your plan is if the car was high dollar (not generally what I've sold) and if it were a buyer's market -- and even then I'd say no to the 45 minute test drive -- a mile or two with me in the car or their car and spouse/etc. left behind is my limit and th...
by jucor
Sun Mar 07, 2021 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Can I avoid a prenuptial agreement if I do this?
Replies: 86
Views: 5150

Re: Can I avoid a prenuptial agreement if I do this?

From time to time the Bogleheads forum reminds me how fortunate I am to be married to my best friend who is on the same page with me regarding almost everything meaningful in our lives, and that we both regard discussing finances and ife choices openly to be key -- especially on those occasions when...
by jucor
Sun Mar 07, 2021 12:06 pm
Forum: Personal Consumer Issues
Topic: Using OBD2 scanner to evaluate used car buying
Replies: 102
Views: 4763

Re: Using OBD2 scanner to evaluate used car buying

Are you looking to do a private sell? I'm not going to let some random person start connecting wires to my car or doing anything else along those lines. I'm not going to allow them to take the car for a 45+ minute test drive. You can look the car over, check the fluids and drive it around the block...
by jucor
Sun Mar 07, 2021 10:40 am
Forum: Personal Finance (Not Investing)
Topic: My bank is closing - should I move all my accounts?
Replies: 12
Views: 920

Re: My bank is closing - should I move all my accounts?

FWIW, we are currently PNC customers -- have been since they acquired the bank we were doing business with 6+ years ago. Take a look at PNC's offerings and be sure if you stick with them that your accounts make the most sense feature/benefit wise -- in our case we "upgraded" a level to avo...
by jucor
Mon Mar 01, 2021 9:46 pm
Forum: Personal Consumer Issues
Topic: Any Traditionalists on here? (in terms of their home interior)
Replies: 32
Views: 3358

Re: Any Traditionalists on here? (in terms of their home interior)

We live in a 1911 craftsman foursquare -- and the vast majority of the furnishings are antique craftsman/mission, with a bit of Bauhaus tossed in. A library with 6 sets of mission barrister bookcases with leaded glass. Old inherited person rugs. Lots of stained glass. Aside from our kitchen (nothing...
by jucor
Sun Feb 28, 2021 5:47 pm
Forum: Personal Consumer Issues
Topic: Ebay - items you've sold
Replies: 42
Views: 2776

Re: Ebay - items you've sold

I believe Paypal is no longer a payment method for Ebay. Think Ebay has absorbed that function in-house and AFAIK, all payments now go direct to your bank account. Is that a very recent a change? My last eBay purchase was on January 25, and the payment was processed thru my PayPal account. Payment ...
by jucor
Sun Feb 28, 2021 1:40 pm
Forum: Personal Consumer Issues
Topic: Do I need new tires?
Replies: 106
Views: 4683

Re: Tire Rot?

Bogleheads: I see no mention of "tire rot"? The dealer wants to replace my son's tires because of "tire rot." The tread is fine but the tires are old. He lives in Florida. What do you think? Best wishes. Taylor Jack Bogle's Words of Wisdom: "Learn from the experience of oth...
by jucor
Sun Feb 28, 2021 11:02 am
Forum: Personal Consumer Issues
Topic: Ebay - items you've sold
Replies: 42
Views: 2776

Re: Ebay - items you've sold

For me eBay and CL are good ways to sell stuff we no longer use or need and to recoup more than we would in a yard sale. Be aware that they now issue 1099s if you have any volume -- so if you are selling for profit you'll be required by more than merely morality to report those sales on your taxes....
by jucor
Sun Feb 28, 2021 10:53 am
Forum: Personal Consumer Issues
Topic: Ebay - items you've sold
Replies: 42
Views: 2776

Re: Ebay - items you've sold

For me eBay and CL are good ways to sell stuff we no longer use or need and to recoup more than we would in a yard sale. Be aware that they now issue 1099s if you have any volume -- so if you are selling for profit you'll be required by more than merely morality to report those sales on your taxes. ...
by jucor
Fri Feb 26, 2021 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: How much does your employer contribute toward your health insurance?
Replies: 26
Views: 1175

Re: How much does your employer contribute toward your health insurance?

My employer pays about $20k/yr for coverage for me and my DW. That's on top of the premiums we pay, which are about $250/month. It's great insurance, and definitely a major benefit.
by jucor
Sun Feb 14, 2021 7:19 am
Forum: Personal Investments
Topic: Sleeping well at night with a mortgage - how?
Replies: 30
Views: 3956

Re: Sleeping well at night with a mortgage - how?

You say you're worried about money and finances, but feel spouse working for $50k/yr is not worth it, and seem to feel that reducing spending isn't worth it if you can't do so by 50%. It seems to me that you need to revise your thinking. $30-$50k/yr more to save and invest from a working spouse is n...
by jucor
Fri Feb 12, 2021 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Did I just commit to a buyer agreement with the realtor?
Replies: 23
Views: 3217

Re: Did I just commit to a buyer agreement with the realtor?

What does the documentation you signed say? That's the only real answer here -- if you signed a buyers representation agreement as part of your offer paperwork then, that's what you have -- if not, then you don't. From what I understand you saw a property with an agent who is also listing another pr...
by jucor
Sat Feb 06, 2021 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Does having your portfolio grow make you feel richer?
Replies: 34
Views: 2299

Re: Does having your portfolio grow make you feel richer?

Not sure about feeling richer, but It sure makes the income I am paid from my job seem less and less relavent I was thinking the same thing. The impact to our portfolio by swings in the market in a few weeks can equal or exceed my income in a year. It's a weird realization for us, but we keep on sa...
by jucor
Fri Feb 05, 2021 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise: Local Gov't
Replies: 19
Views: 1218

Re: Asking for a raise: Local Gov't

I would imagine that varies greatly upon local government structure and job position. In my small city I know many municipal positions are union, and raises are pretty tightly defined based on a mix of merit and seniority, and some others -- higher management, are non union and have a bit more flexi...
by jucor
Thu Feb 04, 2021 7:23 pm
Forum: Personal Consumer Issues
Topic: Removing Labels From HVAC Unit
Replies: 24
Views: 1564

Re: Removing Labels From HVAC Unit

Why does it matter if there are labels? Is your unit located in a place so prominent that you see the labels every time you're outside? If that's the case I'd put up a short section of wood fence to block it -- as the unit itself is not generally a lovely yard ornament (that's what I did in my yard,...
by jucor
Thu Feb 04, 2021 4:19 pm
Forum: Personal Consumer Issues
Topic: Using an unlicensed painting contractor? (California)
Replies: 49
Views: 2118

Re: Using an unlicensed painting contractor? (California)

We had the outside of the house painted, not the inside. It took 3 weeks, but not full time for all of them for the whole time. They had to scrape, wash, etc. to prep, then they applied primer, then the color (two coats), plus painting the trim a different color, the porch and foundation a different...
by jucor
Thu Feb 04, 2021 3:55 pm
Forum: Personal Consumer Issues
Topic: Using an unlicensed painting contractor? (California)
Replies: 49
Views: 2118

Re: Using an unlicensed painting contractor? (California)

I just had a house painted by a local handyman, I bought the paint ($80) and he rolled it on he charged me less than $200 I couldn't be happier. I have no doubt that a local painting contractor would have charged me +/-$2000. With that said I don't live in California (for a reason). I presume this ...
by jucor
Wed Feb 03, 2021 12:28 pm
Forum: Personal Consumer Issues
Topic: Camping Stove - Upgrade?
Replies: 32
Views: 1781

Re: Camping Stove - Upgrade?

Looking to update my 20+ year old Coleman camping stove, wonder if anyone has any favorites? I have a couple of backpacking stoves, so this is more the car camping variety. Generally I'm very brand loyal, but Coleman has no question gone down in quality in the last handful of years (I've noticed it...
by jucor
Mon Feb 01, 2021 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Car Spending Advice
Replies: 104
Views: 6915

Re: Car Spending Advice

How easy is it to unload a car after 3 or 4 years? I never owned a car before but am thinking of getting something nice as I increasingly feel the need to get out of town during the pandemic. I figure if I could get a small SUV in the $50k range and sell it in a few years for half that, it would be...
by jucor
Sat Jan 30, 2021 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: VA Loan from Family Member
Replies: 4
Views: 275

Re: VA Loan from Family Member

Committing fraud to get a loan you are not eligible for is not only a bad idea, it is illegal. This could have serious negative consequences for you and your father, and asking about it on these boards violates board policy about illegal activities.
by jucor
Fri Jan 22, 2021 9:18 am
Forum: Personal Investments
Topic: I have learned my lesson. No more preaching finances to my friends or family
Replies: 119
Views: 14488

Re: I have learned my lesson. No more preaching finances to my friends or family

I guess I realized I shouldn't be giving unsolicited advice if I was going to get upset when someone didn't listen to me. That never stopped me from writing my congressman nor senator. Livesoft, Did either ever respond with anything other than a canned response sent by a staffer? DMW I also write t...
by jucor
Thu Jan 21, 2021 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire kids: Do your parents know you’re rich?
Replies: 54
Views: 5040

Re: Millionaire kids: Do your parents know you’re rich?

Nope. My mother knows we're ok -- but that's it -- she just wants to know she doesn't have to worry. My in-laws believe that we're making ends meet but don't have much left over -- and we endeavor to ensure that they never know the reality, as family dynamics would make that awkward at best. They ha...
by jucor
Thu Jan 21, 2021 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire Parents: Do Your Kids Know You're Rich?
Replies: 194
Views: 11099

Re: Millionaire Parents: Do Your Kids Know You're Rich?

I accept that this may be a bit of personal opinion, but I think $10 million is the new $1 million...and saving $100K per year is the new $100K per year job. Growing up, I never knew what my folks net worth was, and frankly I didn't need to know. By sharing NW with your kid, they will fixate on tha...
by jucor
Thu Jan 21, 2021 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire Parents: Do Your Kids Know You're Rich?
Replies: 194
Views: 11099

Re: Millionaire Parents: Do Your Kids Know You're Rich?

I don't think being a millionaire nowadays is anything like it used to be a decade or more ago. So I don't think it really is anything "special" to share with the kids. I certainly don't consider ourselves "rich" by any means. Our kids know we're not hurting and see us spending ...
by jucor
Mon Jan 18, 2021 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Advice to Avoid/Minimize MA Estate Tax
Replies: 60
Views: 3346

Re: Advice to Avoid/Minimize MA Estate Tax

ipdiddly wrote: Mon Jan 18, 2021 2:45 pm
anon_investor wrote: Mon Jan 18, 2021 2:31 pm ... if there are pre-tax funds, a Roth conversion would reduce the $ amount within the estate and lessen the future tax burden for heirs.
Good point. Unfortunately, we are in a very high tax bracket.
OP, you have an interesting definition of unfortunate. :sharebeer
by jucor
Fri Jan 15, 2021 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Property taxes - Did I cause more harm than good?
Replies: 18
Views: 1696

Re: Property taxes - Did I cause more harm than good?

Is the tax assessor's value higher than $880k? If not, then you won't have much of an argument. Current tax assessment value is $799k. I'm a bit confused. You just bought this place for $880k. It is currently valued for property tax purposes for $799k. You feel it should be valued for less than tha...
by jucor
Fri Jan 15, 2021 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Property taxes - Did I cause more harm than good?
Replies: 18
Views: 1696

Re: Property taxes - Did I cause more harm than good?

Is this how abatements are done where you live? You go in and argue with some town official? I've done abatements for both property tax and to get back parts of exise tax on cars sold. In all cases, I had to provide evidence of my claim. I have won every case. For the house, I gather recent sales o...
by jucor
Fri Jan 15, 2021 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Property taxes - Did I cause more harm than good?
Replies: 18
Views: 1696

Re: Property taxes - Did I cause more harm than good?

Is the tax assessor's value higher than $880k? If not, then you won't have much of an argument. Current tax assessment value is $799k. I'm a bit confused. You just bought this place for $880k. It is currently valued for property tax purposes for $799k. You feel it should be valued for less than tha...
by jucor
Fri Jan 15, 2021 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: YOLO vs BH
Replies: 97
Views: 9699

Re: YOLO vs BH

Unless you have a degenerative illness, the gradual slowdown that accompanies age can be minimized and lots of active fun can be had well beyond your mid 50's. I'm in my mid 50's and have a number of friends and relatives from my age to 80+ I'm often struck at the huge difference in apparent age of ...
by jucor
Fri Jan 15, 2021 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Wife's access to things after my death
Replies: 74
Views: 6502

Re: Wife's access to things after my death

Add her as an authorized user to your credit card accounts if she's not already. Change your bank accounts to joint. Then in 6 months to a year have her apply for a card in her name. I don't believe authorized user works after the owner's death. She either should be joint and/or have her own card. ...
by jucor
Fri Jan 15, 2021 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Wife's access to things after my death
Replies: 74
Views: 6502

Re: Wife's access to things after my death

Add her as an authorized user to your credit card accounts if she's not already. Change your bank accounts to joint. Then in 6 months to a year have her apply for a card in her name.
by jucor
Fri Jan 15, 2021 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: New house vs. Addition
Replies: 30
Views: 1642

Re: New house vs. Addition

If homes that meet your needs are only about $50k +/- more than your home's value then I'd definitely sell yours and buy another instead of building an addition -- hard to imagine you'd be able to build an addition with more common space plus an additional bedroom and bathroom for anywhere near that.
by jucor
Thu Jan 14, 2021 6:57 am
Forum: Personal Consumer Issues
Topic: Washer needs to be replaced - AHS warranty and color question
Replies: 10
Views: 550

Re: Washer needs to be replaced - AHS warranty and color question

Yes, you're making the right choice to go with the white GE replacement. It will be a lot easier to get a white dryer to match if you need to do so, although I cannot imagine it would make any difference at all if you had mismatched units in a rental, and if it turned into a sticking point for a sal...
by jucor
Sun Jan 10, 2021 1:50 pm
Forum: Personal Consumer Issues
Topic: expensive family vacations with adult children?
Replies: 43
Views: 3328

Re: expensive family vacations with adult children?

If all of your kids are on board and get along and consider that sort of trip as what they'd want to do then go ahead. If it were me I'd feel that I was wasting my trip and vacation time and not seeing the "real" country if I went on such a high dollar trip -- as you'd be staying in top re...
by jucor
Sat Jan 09, 2021 3:21 pm
Forum: Personal Consumer Issues
Topic: $900 Dyson Floor Lamp
Replies: 13
Views: 1627

Re: $900 Dyson Floor Lamp

Because it also can vacuum your floors, curl and dry your hair, and dry your hands? :twisted:

Or because there are lots of people who will pay $$$ more for a product to own something they perceive as "cool" or trendy, and Dyson has figured out how to do that?
by jucor
Thu Jan 07, 2021 3:50 pm
Forum: Personal Consumer Issues
Topic: Uneven cake slices
Replies: 44
Views: 2593

Re: Uneven cake slices

My husband finds my being troubled by this incredibly amusing, and has told me to just ask for the fattest slice. I agree with your husband. If this is a major concern for you, just insist on getting the fattest slice. And ask to speak to the manager if they give you any trouble. Or, should I just ...
by jucor
Thu Jan 07, 2021 1:38 pm
Forum: Personal Consumer Issues
Topic: Uneven cake slices
Replies: 44
Views: 2593

Re: Uneven cake slices

There is a good chance they are serving by weight; most financially responsible food service is done this way. Get two next time and check it out. The OP implies that each slice of a particular cake has the same cost -- if so, it seems highly unlikely that slices of different sizes would be the sam...
by jucor
Thu Jan 07, 2021 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance and division of real estate
Replies: 10
Views: 1205

Re: Inheritance and division of real estate

They gave your sister something of value now. The valuation would be it's market value at the time of the gift. They want to give you the same amount in the form of periodic payments of cash. That is fair enough except that they should be adding "interest" on this amount as if they were p...
by jucor
Thu Jan 07, 2021 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Does a side home rental count for PPP2?
Replies: 9
Views: 696

Re: Does a side home rental count for PPP2?

Is your second home rental set up as an independent business, registered, licensed, etc as such?
by jucor
Sun Jan 03, 2021 5:31 pm
Forum: Personal Consumer Issues
Topic: One time water issue in basement
Replies: 49
Views: 3529

Re: One time water issue in basement

If you had no issues for 9 years and since the issue had a 1" rainstorm without issues. I'd wait a bit and see if it happens again. The conditions you mention are the equivalent of a 4-5" or more of rain -- and it is possible depending upon how the melting snow was situated around your hou...
by jucor
Sun Jan 03, 2021 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Take a guess: how much does the average BH earn?
Replies: 32
Views: 2908

Re: Take a guess: how much does the average BH earn?

What is your definition of "average'? The mean? The median?
by jucor
Sun Jan 03, 2021 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Ways of saving for a house
Replies: 25
Views: 1452

Re: Ways of saving for a house

If you "don't get excited about houses" in the $700k range how expensive ARE the houses you get excited about?

In the $700k range you're already looking at 5x your income...