Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 09-04-2013, 08:54 AM   #41
Thinks s/he gets paid by the post
Tadpole's Avatar
 
Join Date: Jul 2004
Posts: 1,169
Hey, wait a minute. I thought all problems in retirement could be solved one way or another with dryer sheets.
__________________

__________________
Tadpole is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 09-05-2013, 08:53 PM   #42
Full time employment: Posting here.
Moscyn's Avatar
 
Join Date: Mar 2009
Posts: 728
Well, better to have the house or car breaking down than my body breaking down. Those things can be fixed by emergency fund but poor health is not so easily fixed.
__________________

__________________
Moscyn is offline   Reply With Quote
Old 09-06-2013, 12:32 PM   #43
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
kcowan's Avatar
 
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 5,693
Send a message via Skype™ to kcowan
Usage patterns in an old house can wreck havoc on infrastructure. When our two sons were teenagers, they would put a heavy load on our well and hot water heater. It survived but required more frequent maintenance to remove the silt build-up on the screens.

And our lawn watering had to be scheduled outside of showering times.

When one of them backed my car into the other one's car in the driveway, I had to suffer the laughing of the insurance adjuster when I reported the claim. The guilty party paid the deductible.

But I have always had the attitude that it is not worth getting worked up over problems that money can fix. I told my son that hitting the car was fixable but he could just as easily run over our dog! He got the message.

(What really bothers me is when I upgrade our electronics and find no demand for decent older systems. There has been a sea change in electronics. I cannot even give away the old stuff. Is this a Gen-Y phenomenon?)
__________________
For the fun of it...Keith
kcowan is offline   Reply With Quote
Old 09-06-2013, 01:20 PM   #44
Thinks s/he gets paid by the post
timo2's Avatar
 
Join Date: Jul 2011
Location: Rio Rancho
Posts: 1,438
This thread is not helping my or DW OMY syndrome!! In fact, after I described it to DW, she now says she would work two more years to pay for the new bathrooms and the new granite counter in the kitchen that she wants.
__________________
"We live the lives we lead because of the thoughts we think" Michael O’Neill
timo2 is offline   Reply With Quote
Old 09-06-2013, 04:01 PM   #45
Recycles dryer sheets
 
Join Date: Feb 2013
Posts: 101
Quote:
Originally Posted by kcowan View Post
(What really bothers me is when I upgrade our electronics and find no demand for decent older systems. There has been a sea change in electronics. I cannot even give away the old stuff. Is this a Gen-Y phenomenon?)
I don't know why either, but I use this phenomenon to my advantage by staying one or two generations behind in technology. I save an absolute fortune in acquisition costs by being close enough to, but not right up with, the Jones-es.
__________________
Ozstache is offline   Reply With Quote
Old 09-06-2013, 08:19 PM   #46
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,369
Quote:
Originally Posted by Ozstache View Post

I don't know why either, but I use this phenomenon to my advantage by staying one or two generations behind in technology. I save an absolute fortune in acquisition costs by being close enough to, but not right up with, the Jones-es.
I here ya, Oz. A couple months ago there was an ad that said you could get up to $200 back on a purchase of a new IPad, if you turned your old one in. I was getting excited and ready to go to it until I read the fine print....Well it had to be an Ipad 2 or above. My IPad 1 has no trade in value. I guess we are stuck together a little while longer, now.
__________________
Mulligan is offline   Reply With Quote
Old 09-06-2013, 08:19 PM   #47
Thinks s/he gets paid by the post
 
Join Date: May 2006
Location: Largo
Posts: 1,945
Quote:
Originally Posted by modhatter View Post
With the exception of cars, most appliances and other things made today like furniture, electronics, etc. are not built to last. New appliances today are the worst in longevity and repairs and the prices have really increased dramatically.

So I think repairs and replacement is considerably higher today with the new technology, and needs to be considered in retirement. It will always be something. A pipe underground breaks, your sprinkler system needs to be replaced, appliances, anything that moves or makes sounds, holds water, heats or cools your house etc. etc.

That is why I sometimes question whether owning a home vs. renting is the cheaper alternative. I know it used to be, but sometimes I'm not so sure today. Of course I don't do any of these repairs, so I'm always having to hire people to do them which cost considerably more.
The lack of financial "surprises" is why we are satisfied living in an apartment for now. I can't even imagine what terror Florida residents who have to purchase flood insurance are experiencing.
__________________
Buckeye is offline   Reply With Quote
Old 09-07-2013, 02:35 PM   #48
Thinks s/he gets paid by the post
Katsmeow's Avatar
 
Join Date: Jul 2009
Posts: 3,392
Quote:
Originally Posted by Mulligan View Post
I here ya, Oz. A couple months ago there was an ad that said you could get up to $200 back on a purchase of a new IPad, if you turned your old one in. I was getting excited and ready to go to it until I read the fine print....Well it had to be an Ipad 2 or above. My IPad 1 has no trade in value. I guess we are stuck together a little while longer, now.
Go to Amazon Trade in store. Put in what you have. For a first generation iPad in good condition one with WiFi only and 16GB nets you $119 while one with 3G and 64 GB in good condition nets you $148.50.

When I got my current iPad (a year ago) I traded in my first generation.

I've traded in a number of things on Amazon. I sold some iPhones on eBay (we had moved to a house where we couldn't get ATT service so we sold our phones and got Verizon phones). It was fine, but I found that I could get almost as much trading in the phones on Amazon so I did that with the other 2.

Worked out great. You are paid through an Amazon gift card.
__________________
Katsmeow is offline   Reply With Quote
Old 09-07-2013, 03:12 PM   #49
Thinks s/he gets paid by the post
imoldernu's Avatar
 
Join Date: Jul 2012
Location: Peru
Posts: 4,616
Generational difference...
When we moved to Florida, bought a 20' runabout and slip for $5K...2nd happiest day of my life. Used it daily, with no expense except gas and oil for 8 years, 'til destroying the outdrive by hitting a gator. $3000 estimate for repair. Gave it away for $5. Happiest day.

Now we look at points of diminishing returns and return on investment.
The seawall at camp is disintegrating. Cost of rebuild $12-$14K. Estimated added value when we sell?... $0.
The A/C in our FL mfg home died a year ago... Est for heatpump replace $7000. We bought two perfectly adequate window A/C's for $600. When we sell, expect virtually no effect on our net cost for the home over 15 years.
Our 18 year old Cadilliac SLs and our 16 year old Town Car look great, ride great. Cadillac Auto Sensing Ride Control went to default... repair is $5500. We can't tell the difference in the ride. The Lincoln rear automatic windows don't work... Cost to repair $700... We never opened them anyway. KBB value for the cars $2-$3K each.
We could repaint the home interior for $3000, but we don't entertain the queen any longer so will defer this. Selling price is pretty well set for similar homes in our development. Carpeting beginning to wear, but as we won't be living here for more than three more years, will give the new owners a $3K break... a bonus selling point.
The $200 home inspection in 2004 saved us a bundle.
__________________
imoldernu is offline   Reply With Quote
Old 09-09-2013, 05:06 PM   #50
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
kcowan's Avatar
 
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 5,693
Send a message via Skype™ to kcowan
Quote:
Originally Posted by imoldernu View Post
Generational difference...
When we moved to Florida, bought a 20' runabout and slip for $5K...2nd happiest day of my life. Used it daily, with no expense except gas and oil for 8 years, 'til destroying the outdrive by hitting a gator. $3000 estimate for repair. Gave it away for $5. Happiest day. ...
Do you have an empty slip now?

Lucky the alligator could not react!
__________________
For the fun of it...Keith
kcowan is offline   Reply With Quote
Old 09-14-2013, 09:54 AM   #51
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Apr 2013
Posts: 5,560
Quote:
Originally Posted by imoldernu View Post
Generational difference...
When we moved to Florida, bought a 20' runabout and slip for $5K...2nd happiest day of my life. Used it daily, with no expense except gas and oil for 8 years, 'til destroying the outdrive by hitting a gator. $3000 estimate for repair. Gave it away for $5. Happiest day.
Did you get to eat the gator? May have made it better yet!

MRG
__________________
MRG is offline   Reply With Quote
Old 09-14-2013, 10:59 AM   #52
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,369
Quote:
Originally Posted by Katsmeow View Post

Go to Amazon Trade in store. Put in what you have. For a first generation iPad in good condition one with WiFi only and 16GB nets you $119 while one with 3G and 64 GB in good condition nets you $148.50.

When I got my current iPad (a year ago) I traded in my first generation.

I've traded in a number of things on Amazon. I sold some iPhones on eBay (we had moved to a house where we couldn't get ATT service so we sold our phones and got Verizon phones). It was fine, but I found that I could get almost as much trading in the phones on Amazon so I did that with the other 2.

Worked out great. You are paid through an Amazon gift card.
Thanks for the tip, Kat. I did not know this. I figured it would just be tossed away. I plan on getting a new 10 in. tablet soon. I just recently bought a 7 in HP slate. I like it but not as my everyday workhorse, as I prefer the bigger screen.
__________________
Mulligan is offline   Reply With Quote
Old 09-14-2013, 06:59 PM   #53
Thinks s/he gets paid by the post
sengsational's Avatar
 
Join Date: Oct 2010
Posts: 3,815
Quote:
Originally Posted by Mulligan View Post
Thanks for the tip, Kat. I did not know this. I figured it would just be tossed away. I plan on getting a new 10 in. tablet soon. I just recently bought a 7 in HP slate. I like it but not as my everyday workhorse, as I prefer the bigger screen.
I don't mind being on the other side of the latest and greatest. Find the biggest sellers of 12 or 18 months ago, find it on eBay, and you're way ahead. Not only didn't you pay the big bucks for being first on the block, you have the opportunity to avoid the 'lemons' and if you buy the big sellers, you also have a huge 'support team' that figured out the products 'gotchas' and helpful hacks.
__________________
sengsational is offline   Reply With Quote
Old 09-15-2013, 02:37 PM   #54
Full time employment: Posting here.
 
Join Date: Oct 2006
Posts: 524
Quote:
Originally Posted by Ozstache View Post
I don't know why either, but I use this phenomenon to my advantage by staying one or two generations behind in technology. I save an absolute fortune in acquisition costs by being close enough to, but not right up with, the Jones-es.

We stay on the trailing edge of leading technology....saves us a bunch of money...
__________________

__________________
***********
My motto is.... "a dollar saved is better than a dollar earned. I don't pay tax on the dollar I saved."
Tom52 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 03:58 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.