Recent content by sanfanciscotreat

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    Restaurant adding fee for use of credit card

    Resturant owners I have known open admitted to me that they pocketed $100 cash every night.
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    Fat Fire Question

    Theres Lean Fire, Fire, Fat Fire and Hell Fire.
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    Asheville NC

    No, Asheville is not politically diverse, but extremely liberal. If you want consrvative, go to the rural part of WNC, where you often see Confederate flags proudly waving from front porches and pickups.
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    What is it with some NE Florida home Sales?

    I am getting inquiries to buy houses I do not own.
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    Should RMDs really scare you?

    Eight minutes is the least cost. Driving there when it is only three miles, six miles round trip costs at least $3.
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    New Construction Costs - CRAZY!

    Here in WNC materials costs have gone up about 50%. Had a builder sign a contract to build a house in our neighborhood, then material went up and he had not done a cost plus contract. Now he cannot afford to meet the contract price.
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    Finding a 'lost' CD

    Doo not like to deal with Wells Fargo
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    RMD Now Or Later in Year?

    Took 50K out in January before the downturn. Will wait till later in the year after a return, hopefully for the other 50K
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    Coronavirus - Financial, Health and Other impacts II

    Would expect the market drop in this situation to be similar to that for SARS. That was also a coronavirus which played out in late spring and valuations returned in a short time. I was fortunate to cash in some investments in late January which puts us in good shape for a few years, especially...
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    2019 Spending Summary and Analysis

    After receiving SS benefits, had to use 1.3% of investable assets to make ends meet, though I will admit the rope between the two ends was pretty long. Figured up on December 31 that we could spend 2X current budget till wife is 105 and still have sufficient cushion. We will have to buy some...
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    "Bank Error in Your Favor"

    Wrote a check to a friend September 1 this year. He has cashed the check but it has not cleared the bank. What happens when I close the accct next year and it still has not cleared?
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    Tax Minimization with High Withdrawal Amounts

    My accountant told me in the early 80s when I complained about paying so much tax: "If you do not want to pay so much tax, earn less money". I disregarded his advice.
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    Firing the service workers

    I have no problem mowing the yard with a small diesel tractor. Getting a bit much work to mulch and trim so that will be farmed out more in the future.
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    What's in your coffee?

    Darkest brown sugar I can find. A bit of expresso liqueur is a great supplement.
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    Poll: How do you budget?

    Same here. Retired almost ten years. Look at what I have spent per month and especially per year. Compare to net worth and worksheets. Spending about half of what I can including two weeks in AK, four weeks in FL and various other travel/luxury expenses. Percentage of spending vs net worth keeps...
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