Search found 36 matches

by JWJones
Fri May 29, 2020 7:27 am
Forum: ERE Journals
Topic: Farm life and Semi-ER
Replies: 171
Views: 34012

Re: Farm life and Semi-ER

It strikes me as kind of funny that being a seamstress is bringing so much work my way right now - everyone warned me not to learn that trade 25 years ago because it had no future. We make soap, and business is booming, not only with individual buyers, but retail accounts as well. We have actually ...
by JWJones
Mon May 25, 2020 8:22 am
Forum: Money Questions
Topic: Inheritance coming - best options?
Replies: 35
Views: 2199

Re: Inheritance coming - best options?

Anyway, I think the secret of your retirement lies in accurate spending and eliminating non-important things. As it turns out, our credit union has great online tools for financial management. They recently did a website update, and now I can tap into the "Budget" feature to see exactly where the m...
by JWJones
Thu May 21, 2020 7:58 am
Forum: Money Questions
Topic: Inheritance coming - best options?
Replies: 35
Views: 2199

Re: Inheritance coming - best options?

Paying off debt is a great start, I applaud that action. 300+/month of utilities? That's huge for me. That could be all your expenses if you were hardcore. I find that where I live and the lifestyle I choose have the biggest impact on spending. I always shopped around for housing, food prices, all ...
by JWJones
Tue May 19, 2020 9:15 pm
Forum: Money Questions
Topic: Inheritance coming - best options?
Replies: 35
Views: 2199

Re: Inheritance coming - best options?

I'm just going to answer the question you actually asked: reduce your spending to less than $15k/year. With this method, you can even reach FI the day you receive the inheritance. The above link has probably better advice but you could dump it into indexes or Wellesley and Wellington and likely liv...
by JWJones
Mon May 18, 2020 7:14 am
Forum: Money Questions
Topic: Inheritance coming - best options?
Replies: 35
Views: 2199

Re: Inheritance coming - best options?

Well, your post turned into the catalyst for what amounted to an ongoing, day-long discussion between my wife and I. My first reaction to the post, when I read it to myself yesterday morning, was defensive, since you said we have consumer debt. We don't actually have consumer debt, per se. We have ...
by JWJones
Fri May 15, 2020 8:46 pm
Forum: Money Questions
Topic: Inheritance coming - best options?
Replies: 35
Views: 2199

Re: Inheritance coming - best options?

Excellent, thanks guys. I'll have to see what kind of deals are available for savings accounts come July.
by JWJones
Fri May 15, 2020 8:43 pm
Forum: Health Questions
Topic: COVID-19
Replies: 3429
Views: 249860

Re: COVID-19

Has anyone else noticed that chem-trailing seems to have stopped since the pandemic began? I still don't know what or why they do it (some interesting YouTube videos on the subject), but it ain't happening in our neck of the woods these days.
by JWJones
Fri May 15, 2020 8:35 pm
Forum: Work & Education
Topic: Income sources other than ‘normal jobs’
Replies: 35
Views: 3066

Re: Income sources other than ‘normal jobs’

My wife is the queen of 'not normal jobs.' She's teaches belly dancing two nights a week (alas, not currently, because covid-19). We also have a side business (I have the conventional day job), making and selling bar soap. We've gotten to the point where we have several retail accounts, including se...
by JWJones
Fri May 15, 2020 7:32 am
Forum: Money Questions
Topic: Inheritance coming - best options?
Replies: 35
Views: 2199

Re: Inheritance coming - best options?

I’m not a big fan of running out and buying the land out of the gate. I’ve seen a lot of people do just that with windfalls and end up with weak returns down the line. Unless you are sitting on a sweetheart real estate deal I’d learn a bit about investing beforehand. I’ve had many friends get big w...
by JWJones
Thu May 14, 2020 2:21 pm
Forum: Money Questions
Topic: Inheritance coming - best options?
Replies: 35
Views: 2199

Re: Inheritance coming - best options?

I read your original posts here from a few years back and immediately see red flags. This thread reminds me of the cautious tales of professional athletes going broke shortly after they pass their primes, ditto with lottery winners squandering it in short order. And that's exactly why I'm here, I d...
by JWJones
Thu May 14, 2020 7:29 am
Forum: Money Questions
Topic: Inheritance coming - best options?
Replies: 35
Views: 2199

Re: Inheritance coming - best options?

@JWJones, when you are saying that you want to buy land, do you mean with the house on it or just land? Building is very expensive. I second the advice to be conservative with this money, no need to rush. With $677k and house for about $150k, you'll get $522k left; if markets continue to get 4% aft...
by JWJones
Wed May 13, 2020 10:17 pm
Forum: Money Questions
Topic: Inheritance coming - best options?
Replies: 35
Views: 2199

Re: Inheritance coming - best options?

Thanks, C40. So, further details have come to light: we get 14.2857% of $4,858,630. So about $694K. There's a distribution fee of $2K off the top of that, so $692K. Yes, you are correct about the taxes, it seems, although there is mention of possible capital gains or loss taxes. Not sure I understan...
by JWJones
Wed May 13, 2020 8:36 pm
Forum: Money Questions
Topic: Inheritance coming - best options?
Replies: 35
Views: 2199

Re: Inheritance coming - best options?

What are: - Taxes you'd pay on the inheritance - Amount of your debt - Cost of property you're thinking about buying - Current net worth - Current income - Current spending - Projected spending (if you move to that rural property) Aside from that stuff, I'd say: - Don't do much of anything with the...
by JWJones
Wed May 13, 2020 8:07 am
Forum: Money Questions
Topic: Inheritance coming - best options?
Replies: 35
Views: 2199

Inheritance coming - best options?

Hi folks, I haven't been on the forum in a while, but now I have something that will significantly change my financial future: we are going to inherit a large sum of money from an irrevocable trust come July (about $500K). Our first order of business will be to pay off ALL remaining debt. It will be...
by JWJones
Fri Nov 03, 2017 7:06 am
Forum: Money Questions
Topic: How do I stop wasting money on books
Replies: 31
Views: 8928

Re: How do I stop wasting money on books

I resemble this thread! :lol: Since I have been making a dedicated effort to reduce my spending, my Amazon habit has really taken a hit. I found that I was purchasing a lot of fiction (albeit, used), that I ended up finding disappointing. I hate spending money on disappointing things. Now, I only bu...
by JWJones
Wed Oct 25, 2017 10:24 pm
Forum: Lifestyle Questions
Topic: Privacy and Security on the Web and IRL?
Replies: 24
Views: 3443

Re: Privacy and Security on the Web and IRL?

General Snoopy wrote:
Wed Oct 25, 2017 8:13 pm
It is limited and out of date for the online world. What many forget is that the real world is important and is more important than the online world.
Yup, for the digital world, I would recommend this one:

https://www.amazon.com/dp/152277890X/
by JWJones
Thu Oct 19, 2017 11:12 am
Forum: Lifestyle Questions
Topic: Privacy and Security on the Web and IRL?
Replies: 24
Views: 3443

Re: Privacy and Security on the Web and IRL?

I have two email accounts, one is pretty secure (riseup.net) and the other is more so (protonmail.com). I have no social media accounts; not interested in being data-mined for advertising purposes. I use the SeaMonkey browser with HTTPS Everywhere and uBlock Origin plug-ins, and also the Epic browse...
by JWJones
Thu Oct 19, 2017 7:52 am
Forum: Transportation Questions
Topic: Extremely Slow Travel
Replies: 17
Views: 4174

Re: Extremely Slow Travel

This is exactly my kind of travel. When I hear people talk about how they want to go see this-or-that faraway place, my usual response is that I haven't even seen as much of Oregon as I'd like to see. We have it all here: temperate rainforests, the coast, mountains, deserts. I'm reminded of the book...
by JWJones
Wed Oct 18, 2017 7:24 am
Forum: Lifestyle Questions
Topic: Privacy and Security on the Web and IRL?
Replies: 24
Views: 3443

Re: Privacy and Security on the Web and IRL?

Ego wrote:
Tue Oct 17, 2017 7:19 pm
Nah, we're protecting ourselves from super-cute, submissive looking robots. SFW
https://theconversation.com/super-cute- ... them-84428
Hmm, cuteness must certainly be in the eye of the beholder, 'cause to me those things are damned ugly!
by JWJones
Wed Oct 18, 2017 7:19 am
Forum: Skills & Tools Questions
Topic: Toilet paper and safety razors
Replies: 47
Views: 11325

Re: Toilet paper and safety razors

lol for Jeffrey Tucker reference :) brute has experienced that commercial bar soap is terrible for shaving. he uses one that came in a tub with a brush. that definitely works better, but the most important factor seems to be getting the skin really wet with really hot water. I tried years ago to us...