Search found 3109 matches

Return to advanced search

Re: Kitchen Remodel... Or Not?

My initial thought was go for it - enjoy it, but a $70k kitchen remodel on a $250,000 home took me aback. If having a spectatular kitchen is worth it to you, I guess that's okay, but know that if you sold the place afterwards, you probably wouldn't get a third of that back.

JT
by bottlecap
Mon Jul 28, 2014 9:33 am
 
Forum: Personal Consumer Issues
Topic: Kitchen Remodel... Or Not?
Replies: 19
Views: 570

Re: Vanguard sued for charging too little

[(removed) --admin LadyGeek] New York lawyer (and his lawyers) tries to make money off of Vanguard's shareholders. Shocker. The complaint is an interesting read, if but to help understand how Vanguard's structure is set up: http://taxprof.typepad.com/files/vanguard-complaint.pdf I haven't gotten to...
by bottlecap
Sun Jul 27, 2014 1:39 pm
 
Forum: Personal Finance (Not Investing)
Topic: Vanguard sued for charging too little
Replies: 99
Views: 7136

Re: Rules of thumb that shouldn't be

Rules of thumb are great for what they are. Every one of the rules of thumb mentioned thus far has value. It should surprise or annoy you that in some cases they do not apply.

JT
by bottlecap
Fri Jul 25, 2014 2:22 pm
 
Forum: Investing - Theory, News & General
Topic: Rules of thumb that shouldn't be
Replies: 32
Views: 2814

Re: Best way to reach initial allocation in a bull market?

My take is that if you can't go to your allocation right now because of fear of loss, you have misjudged your risk tolerance and have chosen the wrong allocation. Essentially, you feel that you have a high risk tolerance, but in reality, your risk tolerance is on high when you think the market is li...
by bottlecap
Fri Jul 25, 2014 9:43 am
 
Forum: Investing - Theory, News & General
Topic: Best way to reach initial allocation in a bull market?
Replies: 19
Views: 1604

Re: Does a 401k plan cost an employer money?

Yes. Usually, they pay something to the provider. Moreover, compliance is probably costly from an HR standpoint.

JT
by bottlecap
Thu Jul 24, 2014 12:08 am
 
Forum: Investing - Theory, News & General
Topic: Does a 401k plan cost an employer money?
Replies: 32
Views: 1732

Re: How to set up a trust

The answer is, yes, typically there are ways to accomplish what you seek through a trust. There are some wrinkles: I believe some states do not recognize a trust if the sole beneficiary is the trustee (or perhaps some asset protection is lost). I know nothing about California law, but I don't see ho...
by bottlecap
Tue Jul 22, 2014 11:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to set up a trust
Replies: 11
Views: 1775

Re: Help me choose a new tv

The Samsung picture is hard to beat. If you aren't too picky, want to save a few bucks, but still want a good picture, take a look at the Vizios. Panasonic made a beautiful plasma tv - maybe it's time to get a good deal on one if any are still on the shelves?

JT
by bottlecap
Tue Jul 22, 2014 9:47 pm
 
Forum: Personal Consumer Issues
Topic: Help me choose a new tv
Replies: 31
Views: 1685

Re: Faber: S&P 500 an Active Fund in Drag

Kind of funny. So he's criticizing the fund by saying it's just like the funds he advocates, but just a whole lot cheaper? I'm sold.

JT
by bottlecap
Sun Jul 20, 2014 7:21 pm
 
Forum: Investing - Theory, News & General
Topic: Faber: S&P 500 an Active Fund in Drag
Replies: 45
Views: 3505

Re: Tenant request lease agreement is named in LLC?

Quite frankly, I would not rent it to him unless he says he is in town a few days a week for business of this LLC. And then I'd get the personal gauranty as well.

If he has some other reason that doesn't make sense, I would move on.

JT
by bottlecap
Sat Jul 19, 2014 8:07 am
 
Forum: Personal Finance (Not Investing)
Topic: Tenant request lease agreement is named in LLC?
Replies: 17
Views: 2245

Re: Repair or Replace PressureWasher?

There's no right answer, but I'd learn toward replace if I could afford it, unless you derive enjoyment from doing it yourself.

Can you get a used pump for less perhaps from a junked pressure washer?

JT
by bottlecap
Fri Jul 18, 2014 9:32 am
 
Forum: Personal Consumer Issues
Topic: Repair or Replace PressureWasher?
Replies: 3
Views: 280

Re: Economics 101

I am very interested in learning about economics and they affect our economy, but I don't know where to start. The things that interest me are Real Estate, inflation, interest rates, oil, gold, equities etc. The positive/negative correlation between things and so. What got me interested is that I w...
by bottlecap
Fri Jul 18, 2014 9:28 am
 
Forum: Investing - Theory, News & General
Topic: [Learning about] Economics 101
Replies: 37
Views: 2655

Re: Blue Cross of Tennessee rate inrase

freddie wrote:Don't they do that every year?


No, it's about 3x normal. Why do you ask?

JT
by bottlecap
Thu Jul 17, 2014 5:06 pm
 
Forum: Personal Finance (Not Investing)
Topic: Blue Cross of Tennessee rate inrase
Replies: 2
Views: 369

Re: Using Emergency Fund to Pay off Auto Loan

Keep the loan. See how the baby fares after it is born. Then revisit the question of the loan if you think it wise. You have too many unknowns and many will be answered in the next few months.

I am wishing you and your family the best.

Good luck,

JT
by bottlecap
Tue Jul 15, 2014 10:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: Using Emergency Fund to Pay off Auto Loan
Replies: 20
Views: 1562

Re: I'm cosigner .. Friend thinking of bankruptcy .. Pls hel

The secured creditor gets exactly what they would get in a chapter 7 To clarify for the OP, notwithstanding this, it's still a bad idea to pay off the car because you would go from being a guarantor of a fully secured debt to being an unsecured creditor in the bankruptcy. You might be better not sp...
by bottlecap
Tue Jul 15, 2014 10:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: I'm cosigner .. Friend thinking of bankruptcy .. Pls help
Replies: 64
Views: 7374

Re: Should I buy a new(er) car, and if so what?

Financially and common sensically, the answer is no, you shouldn't. All of the reasons you cite are superficial. The miles will pile up on your new car fast, making an even stronger argument to keep your Civic. But, in the end, it's your money. Can you afford a new car, pay off the student loans and...
by bottlecap
Tue Jul 15, 2014 9:34 pm
 
Forum: Personal Consumer Issues
Topic: Should I buy a new(er) car, and if so what?
Replies: 19
Views: 1900

Re: Fix Car or Get a New One?

Probably a fixer, but only you know the history of the vehicle. I spent $3,000 on a transmission in a 2005 Tahoe recently, but I was in a pinch, could have gotten it rebuilt for less than $2k if it went out when I was at home. Even if you decide to get rid of it, you'll only get the value of the veh...
by bottlecap
Tue Jul 15, 2014 8:59 pm
 
Forum: Personal Consumer Issues
Topic: Fix Car or Get a New One?
Replies: 11
Views: 1118

Re: I'm cosigner .. Friend thinking of bankruptcy .. Pls hel

I didn't notice the "we.". YOU should consult your own attorney. If your friend files bankruptcy, he will get his own, who won"t give two cents about your situation.

JT
by bottlecap
Tue Jul 15, 2014 7:10 pm
 
Forum: Personal Finance (Not Investing)
Topic: I'm cosigner .. Friend thinking of bankruptcy .. Pls help
Replies: 64
Views: 7374

Re: I'm cosigner .. Friend thinking of bankruptcy .. Pls hel

But still I am woried ! The very good thing is that the creditor with respect to the car appears to be oversecured, in that the vehicle is worth more than the debt (this is unusual in a bankruptcy situation). As a result, if the car had to be sold, for example, the lender should have its debt paid ...
by bottlecap
Tue Jul 15, 2014 6:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: I'm cosigner .. Friend thinking of bankruptcy .. Pls help
Replies: 64
Views: 7374

Re: I'm cosigner .. Friend thinking of bankruptcy .. Pls hel

Before paying off the vehicle, you really need to speak to an attorney. Paying off the loan could give your friend eligibility problems if he does want file bankruptcy or, in the worst case, might give the trustee an unencumbered asset he can sell. I doubt your friend will be able to afford a payme...
by bottlecap
Mon Jul 14, 2014 7:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: I'm cosigner .. Friend thinking of bankruptcy .. Pls help
Replies: 64
Views: 7374

Re: I'm cosigner .. Friend thinking of bankruptcy .. Pls hel

I am thinking of paying off auto loan and getting verbal agreement with friend to pay me back like a loan... At least it will save my credit! Is my credit still at risk if he files bankruptcy after the auto loan is paid off? I can't see how your credit would be affected if your friend files bankrup...
by bottlecap
Mon Jul 14, 2014 7:36 pm
 
Forum: Personal Finance (Not Investing)
Topic: I'm cosigner .. Friend thinking of bankruptcy .. Pls help
Replies: 64
Views: 7374

Re: A question for the Bogleladies or those who can consult

VictoriaF wrote:(I'll abstain because mine are an open secret.)


Or a state secret?

JT
by bottlecap
Mon Jul 14, 2014 7:08 pm
 
Forum: Personal Consumer Issues
Topic: A question for the Bogleladies or those who can consult one
Replies: 70
Views: 5527

Re: I'm cosigner .. Friend thinking of bankruptcy .. Pls hel

He will probably reaffirm the auto loan and keep the car anyway, right? If he doesn't, the trustee will sell the car and the loan amount will be reduced accordingly. It's been a while since I've dealt with such issues, but it seems like your exposure is little to nothing if your friend keeps the veh...
by bottlecap
Mon Jul 14, 2014 7:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: I'm cosigner .. Friend thinking of bankruptcy .. Pls help
Replies: 64
Views: 7374

Re: New vehicle...GMC Acadia, Chevy Traverse, or Buick Encla

The moms love them, the dads hate taking them to the dealership all the time. Yeah, GM makes a decent-driving, largely unreliable vehicle. We like our GM when it's not in the shop. Which it will be, yet again, in two days. On that list, the Toyota is the only one for me. Pilot is worth looking into...
by bottlecap
Mon Jul 14, 2014 3:56 pm
 
Forum: Personal Consumer Issues
Topic: New vehicle...GMC Acadia, Chevy Traverse, or Buick Enclave?
Replies: 58
Views: 4629

Re: Investing is starting to get boring

It should be boring. If we all dreamt about our portfolios all day for the rest of our lives, we'd be less inclined to work and/or follow our other passions.

JT
by bottlecap
Sun Jul 13, 2014 12:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investing is starting to get boring
Replies: 39
Views: 3873

Re: Birthday gift for a 10 year old girl

Xboxes connect to the internet. I don't think ipods do, but that may have changed in the last few years.

JT
by bottlecap
Sun Jul 13, 2014 9:14 am
 
Forum: Personal Consumer Issues
Topic: Birthday gift for a 10 year old girl
Replies: 28
Views: 1478

Re: mom wants to "sell" me her condo for estate planning

sscritic wrote:Not if she doesn't have another 5 million or so to leave when she dies


Yeah, that's true. I guess losing the step up in basis is the the concern, then.

JT
by bottlecap
Sun Jul 13, 2014 9:12 am
 
Forum: Personal Finance (Not Investing)
Topic: mom wants to "sell" me her condo for estate planning
Replies: 23
Views: 3000

Re: mom wants to "sell" me her condo for estate planning

The big issue with all of this is gift taxes.
by bottlecap
Sun Jul 13, 2014 8:41 am
 
Forum: Personal Finance (Not Investing)
Topic: mom wants to "sell" me her condo for estate planning
Replies: 23
Views: 3000

Re: True or False? Your risk tolerance only increases with t

Anyone who thinks losing 50% of $10,000 in a retirement account when you're 25 is no different that losing 50% of $1,000,000 in a retirement account at age 45 or 50 either, a) isn't 45 or 50 or b) doesn't have a million dollars, or c) both. Even for those in the top 5 to 10% of earners, it takes 20 ...
by bottlecap
Sat Jul 12, 2014 8:02 am
 
Forum: Investing - Theory, News & General
Topic: True or False? Your risk tolerance only increases with time
Replies: 30
Views: 2338

Re: Repair or replace old Taurus?

I think you have a toss up. The head gasket and the water pump aren't worrysome, but "rusting issues" might be.

Have you shopped the job around? In many places, you could probably get it done for $400 to $500 less. Maybe not, but it's worth a few calls.

JT
by bottlecap
Fri Jul 11, 2014 9:33 am
 
Forum: Personal Consumer Issues
Topic: Repair or replace old Taurus?
Replies: 32
Views: 2759

Re: Boglehead Beer

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
by bottlecap
Thu Jul 10, 2014 11:07 pm
 
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 386
Views: 47132

Re: Do you deviate from the owner's manual?

5000 miles or 6 months, whichever comes first. Since I only drive 30,000 every four years, I am careful to change oil at exactly 4,285.71 miles, giving me 7 changes in four years rather than 6 or 8. This is every 6 months and 26 days. I have it carefully marked on my calendar so I don't go a day ov...
by bottlecap
Thu Jul 10, 2014 11:05 pm
 
Forum: Personal Consumer Issues
Topic: Do you deviate from the owner's manual?
Replies: 35
Views: 3152

Re: home seller wants to rent,home insurance challenge

Why not delay closng for 56 days in exchange for a reduced purchase price? Seems like that would solve the problem.

JT
by bottlecap
Thu Jul 10, 2014 10:55 pm
 
Forum: Personal Consumer Issues
Topic: home seller wants to rent,home insurance challenge
Replies: 10
Views: 1365

Re: True or False? Your risk tolerance only increases with t

I don't think you've quite thought this through...

JT
by bottlecap
Thu Jul 10, 2014 10:52 pm
 
Forum: Investing - Theory, News & General
Topic: True or False? Your risk tolerance only increases with time
Replies: 30
Views: 2338

Re: What ONE investing book or article for skeptical sibling

My vote is 4 Pillars by Bernstein. Unfortunately the chance of a non-Boglehead making it to the end of this book is about 1 in 100 in my experience, and I believe Dr. Bernstein has complained about this also. I'd vote for The Boglehead's Guide to Investing based on the fact that the folks I've give...
by bottlecap
Thu Jul 10, 2014 10:51 pm
 
Forum: Investing - Theory, News & General
Topic: What ONE investing book or article for skeptical sibling?
Replies: 30
Views: 2868

Re: Rent Out House or Sell House?

I think the costs of continued ownership, upkeep, taxes, insurance, etc..., almost always outweigh the income you get from renting vs. selling and investing. This says nothing of the headaches of being a landlord or watching the housing market drop from recent highs. I think people like the illusion...
by bottlecap
Wed Jul 09, 2014 7:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: Rent Out House or Sell House?
Replies: 9
Views: 1329

Re: New Member/Advice

If you are planning on selling to condo and using your equity to help buy the new home with your future wife in 2-3 years, I'd just keep paying down principal as long as your are maxing out retirement accounts. Even with the tax deduction, knocking out 4.85% debt is a good deal better than even the ...
by bottlecap
Tue Jul 08, 2014 9:32 pm
 
Forum: Investing - Help with Personal Investments
Topic: New Member/Advice
Replies: 7
Views: 476

Re: Do you tell your kids how much you make?

If you don't discuss your salary with them, I think it is probably a good idea to discuss roughly how much various professions make and how much your expenses are. They might as well understand that before deciding whether to go to school and what to study.

JT
by bottlecap
Mon Jul 07, 2014 4:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do you tell your kids how much you make?
Replies: 58
Views: 5944

Re: POLL: How Old is Your Newest Motor Vehicle?

We're at 10 and 15, with 427,000 miles between them. They don't feel that old, though. Especially the 10 year old one. That seems almost new...

JT
by bottlecap
Mon Jul 07, 2014 4:45 pm
 
Forum: Personal Finance (Not Investing)
Topic: POLL: How Old is Your Newest Motor Vehicle?
Replies: 37
Views: 2406

Re: Best kitchen faucet?

Interesting. My only experience with Moen is in our present home. It was less than 10 years old and in severe need of replacing from corrosion. I noticed a Moen in a friend's home over the weekend and it had some noticeable corrosion. I'm hoping the Delta will last longer. Who knows?

JT
by bottlecap
Mon Jul 07, 2014 2:32 pm
 
Forum: Personal Consumer Issues
Topic: Best kitchen faucet?
Replies: 14
Views: 920

Re: Best kitchen faucet?

I just put in a Delta that my wife choose after shopping around. They are still probably the best option around considering price. Heard bad things about Grohe. Get online and look at some reviews for the brands you are considering. Also look at reviews before considering the touch faucets or motion...
by bottlecap
Mon Jul 07, 2014 1:01 pm
 
Forum: Personal Consumer Issues
Topic: Best kitchen faucet?
Replies: 14
Views: 920

Re: windfall legal settlement - tax treatment?

The settlement would be business related. It would be for "damages" for a company terminating a contract without cause, and the damages would be for whatever the court decides would "make me whole" for the act of taking away the contract without any reason. I don't know where th...
by bottlecap
Mon Jul 07, 2014 12:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: windfall legal settlement - tax treatment?
Replies: 13
Views: 1722

Re: Car did not start: To dispose? How?

Why not call AAA, explain and pose the questions to them? A car not starting is not necessarily a big deal. Most likely culprits are relatively minor items (for example, the battery, the alternator or the starter). It could be worse, but there's no sense going down that road until you find out. Good...
by bottlecap
Mon Jul 07, 2014 9:51 am
 
Forum: Personal Consumer Issues
Topic: Car did not start: To dispose? How?
Replies: 70
Views: 5515

Re: Vanguards Devil's Advocate

Thanks guys. I am just looking to expand my knowledge so that when I talk about Vanguard I have a better idea of how they are better then other approaches by learning more about them. Why? This will not help you one iota in talking to Vanguard. They are not going to argue with you. Either you wish ...
by bottlecap
Mon Jul 07, 2014 9:33 am
 
Forum: Investing - Theory, News & General
Topic: Vanguards Devil's Advocate
Replies: 55
Views: 7205

Re: In Which Theories Should I Have Confidence?

You don't have to guess which one will win out by .5%. But 0.5% per year in underperformance is the same as paying 0.5% per year in extra ER (clearly bad), if only you could figure out how to get the higher outcome. I try to worry only about things I can control. I can control ERs. I can control a ...
by bottlecap
Mon Jul 07, 2014 9:19 am
 
Forum: Investing - Theory, News & General
Topic: In Which Theories Should I Have Confidence?
Replies: 43
Views: 4224

Re: In Which Theories Should I Have Confidence?

For the most part, we are dancing on the head of a pin. The most important things are low costs, your savings rate and your allocation. Allocation is what you are concerned about, but all you need are some equities and some bonds, depending on your risk tolerance. The total bond market will do. Add ...
by bottlecap
Mon Jul 07, 2014 8:54 am
 
Forum: Investing - Theory, News & General
Topic: In Which Theories Should I Have Confidence?
Replies: 43
Views: 4224

Re: Vanguards Devil's Advocate

There is nothing else resembling a "school of thought". There are momentum investors, value investors, chartists, technical analyists, etc..., but none of these are really philosophies. You could look into Peter Lynch, who did great until he didn't, or William O'Neil, but neither of these ...
by bottlecap
Sun Jul 06, 2014 8:00 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguards Devil's Advocate
Replies: 55
Views: 7205

Re: Luggage recommendation

Someone gave us a set of Eagle Creek bags. They're very nice and have a lifetime warranty. We've have them seven years, traveled at least four times a year and they are in good shape, except for the zipper on one bag. We're about to make a warranty claim on it.

JT
by bottlecap
Sun Jul 06, 2014 7:55 pm
 
Forum: Personal Consumer Issues
Topic: Luggage recommendation
Replies: 34
Views: 2139

Re: Online will - is it worth the savings?

With an estate of any significance, 99 times out of 100 I think you would be making a mistake using any prepackaged online will. And your heirs will have little to no recourse if things aren't right after your death.

JT
by bottlecap
Sun Jul 06, 2014 7:19 pm
 
Forum: Personal Finance (Not Investing)
Topic: Online will - is it worth the savings?
Replies: 16
Views: 1524

Re: Neighbor's Fireworks

Sounds like a decent neighbor. I think I live down the street from this guy, too. I wouldn't sweat this. We've been here for four Fourths of July and our house hasn't burned down yet.

JT
by bottlecap
Sun Jul 06, 2014 3:22 pm
 
Forum: Personal Consumer Issues
Topic: Neighbor's Fireworks
Replies: 50
Views: 4406

Re: Auto Accident/Insurance/Repair Question

It sure looks totaled. Hard to imagine the engine not being compromised in some way. If the other driver was going fast enough, I can see how this might happen. Remeber, however, that officers can't really determine fault except for the purpose of writing tickets. Some of them aren't good at either....
by bottlecap
Sun Jul 06, 2014 9:22 am
 
Forum: Personal Consumer Issues
Topic: Auto Accident/Insurance/Repair Question
Replies: 37
Views: 1875
Next

Return to advanced search