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by jasc15
Fri May 29, 2015 10:28 pm
Forum: Investing - Theory, News & General
Topic: World's worst market timer. Buy high, sell... never?
Replies: 11
Views: 1559

Re: World's worst market timer. Buy high, sell... never?

I know it is sometimes inconvenient to read from an outside webpage so I included the full text for reader convenience, as well as the link for proper reference. Although there doesn't appear to be a copyright notice on the referenced blog, I will edit my OP to summarize the main points per the foru...
by jasc15
Fri May 29, 2015 3:02 pm
Forum: Investing - Theory, News & General
Topic: World's worst market timer. Buy high, sell... never?
Replies: 11
Views: 1559

World's worst market timer. Buy high, sell... never?

Just came across this. Thought it might be a fun read. http://awealthofcommonsense.com/worlds-worst-market-timer/ Bob makes all his stock purchases at historic high points over the past 40 years. Meet Bob. Bob is the world’s worst market timer. What follows is Bob’s tale of terrible timing of his st...
by jasc15
Fri May 22, 2015 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Friends/Family that don't invest!
Replies: 87
Views: 8729

Re: Friends/Family that don't invest!

"It doesn't make sense to save for the future because you never know what will happen tomorrow. You may not be in a situation to enjoy your money later, so you might as well enjoy yourself today" This is basically my mother's attitude. Nothing saved for retirement, and now has been out of ...
by jasc15
Wed May 06, 2015 9:56 am
Forum: Personal Consumer Issues
Topic: Frugal car maintenance - Lexus serviced by Toyota
Replies: 49
Views: 3543

Re: Frugal car maintenance - Lexus serviced by Toyota

Perhaps useful here, my local Volvo dealer performed an oil change with oil and filter supplied by me for $20. The only reason I brought it there in the first place was to investigate some potentially serious problem, which turned out to be nothing. I asked what they charge for a synthetic oil chang...
by jasc15
Tue May 05, 2015 1:06 pm
Forum: Personal Consumer Issues
Topic: Wisconsin vacation ideas
Replies: 34
Views: 2344

Re: Wisconsin vacation ideas

EAA Airventure in Oshkosh! EAA is the Experimental Aircraft Association, which focuses mainly on homebuilt and experimental aircraft, however the show has drawn the Concorde, Airbus A380 and Boeing 787. Many vintage planes show up, including the only flying B29. I've never been, but it is on the bu...
by jasc15
Mon May 04, 2015 11:50 am
Forum: Investing - Theory, News & General
Topic: "Don't invest in something you don't understand."
Replies: 55
Views: 3477

Re: "Don't invest in something you don't understand."

I've adjusted this idea for myself to say "Don't invest in something you don't understand to a level that makes you comfortable".
by jasc15
Fri May 01, 2015 7:41 am
Forum: Personal Finance (Not Investing)
Topic: The Engineer's Guide to Investing
Replies: 32
Views: 3090

Re: The Engineer's Guide to Investing

Here is a big one IMO... It's NOT repeat NOT a science... It cannot be reduced to the double derivative and calculated :D Some relevant humor: http://imgs.xkcd.com/comics/drama.png This happens in geek circles every so often. The 'Hey, this is just a system I can figure out easily!' is also a probl...
by jasc15
Thu Apr 30, 2015 5:04 pm
Forum: Personal Consumer Issues
Topic: Freshly roasted coffee beans
Replies: 29
Views: 1937

Re: Freshly roasted coffee beans

I got a hand-me-down espresso machine from a friend, and my wife and I have a cappuccino several times a week since. We haven't even gone through 1/4 pound of beans in almost 3 weeks. Since all I read about fresh roasted coffee is that it should be consumed within 7-10 days, I don't understand how f...
by jasc15
Tue Apr 28, 2015 11:07 am
Forum: Personal Consumer Issues
Topic: Freshly roasted coffee beans
Replies: 29
Views: 1937

Re: Freshly roasted coffee beans

I've never ordered coffee online, but there is a roaster near where I live that also sells online. Shipping seems expensive, but I don't know what's typical for coffee.

https://secure.beyondthenet.com/~moon// ... affiliate=
by jasc15
Thu Apr 23, 2015 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming Trustee. Do they need my income and net worth?
Replies: 32
Views: 2828

Re: Becoming Trustee. Do they need my income and net worth?

So I sent an email to the financial advisor asking several questions, including the following: On the Client Profile Worksheet there are questions regarding my personal financial details which I don't feel comfortable disclosing, and I don't feel are necessary or relevant for becoming a trustee. Als...
by jasc15
Tue Apr 21, 2015 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming Trustee. Do they need my income and net worth?
Replies: 32
Views: 2828

Re: Becoming Trustee. Do they need my income and net worth?

My source for saying that it is an irrevocable trust is information from the original poster. I also see that it is an irrevocable trust. I think there is a good chance that the trust was created purposely as an irrevocable trust to get the funds out of her estate and thus to not be available to he...
by jasc15
Tue Apr 21, 2015 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you pay in Property Taxes?
Replies: 188
Views: 11158

Re: How much do you pay in Property Taxes?

Wow I will try never to grumble about our almost 9K tax (1.86% in metrowest MA). I've never heard of >3% property tax before this - what are you getting for your money? I ask myself the same question. Since I usually go by the adage "there is no free lunch", what are you getting for 3% pr...
by jasc15
Tue Apr 21, 2015 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming Trustee. Do they need my income and net worth?
Replies: 32
Views: 2828

Re: Becoming Trustee. Do they need my income and net worth?

To my knowledge, the trust was created to place the proceeds of the sale of her house (though I see dates 2 years before the sale), at which time she was beginning to decline in health. By the time she entered the assisted living facility, she was past the 5 year medicaid look-back period.
by jasc15
Tue Apr 21, 2015 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you pay in Property Taxes?
Replies: 188
Views: 11158

Re: How much do you pay in Property Taxes?

As a slight tangent regarding tax basis, why in some areas are assessed values sometimes wildly different than market values, and in other areas almost the same?
by jasc15
Tue Apr 21, 2015 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you pay in Property Taxes?
Replies: 188
Views: 11158

Re: How much do you pay in Property Taxes?

I live in Northern NJ, but I rent. Looking at houses though, property taxes seem to be around 3% of the home value.
by jasc15
Thu Apr 16, 2015 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming Trustee. Do they need my income and net worth?
Replies: 32
Views: 2828

Re: Becoming Trustee. Do they need my income and net worth?

I know the value of the trust, its financial content and progress, as I can access it online. My father gave me the login information, and my mother continues to get monthly statements. The only distributions from the account are to pay any taxes owed each year, the checks for which are signed by my...
by jasc15
Thu Apr 16, 2015 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming Trustee. Do they need my income and net worth?
Replies: 32
Views: 2828

Re: Becoming Trustee. Do they need my income and net worth?

I will get my hands on the trust document. About a month ago wanted to find out where the division of responsibilities lay between the investor and the lawyer, so I called the lawyer. She told me that she couldn't send me the trust document, but I could be made a trustee. I know that my aunt is the ...
by jasc15
Thu Apr 16, 2015 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming Trustee. Do they need my income and net worth?
Replies: 32
Views: 2828

Becoming Trustee. Do they need my income and net worth?

A trust was created in my (still living) grandmother's name (I don't know what type; revocable, irrevocable, etc.), for which my father and aunt were trustees. My father died about a year ago and I figured I should become trustee in his place. The paperwork they sent me includes a "Client Profi...
by jasc15
Thu Mar 12, 2015 3:17 pm
Forum: Investing - Theory, News & General
Topic: Mathematical: Am I on track towards my retirement goal?
Replies: 21
Views: 2234

Re: Mathematical: Am I on track towards my retirement goal?

I do it using this format I learned in an engineering economics class: (Future Annual Spending)*25 = P*(F/P,7%,30) + A*(F/A,7%,30) + G*(F/G,7%,30) Using 7% and 30 years, the following factors apply: (Future Annual Spending)*25 = P*(7.6123) + A*(94.46) + G*(920.87) If i have $100k invested now (P = $...
by jasc15
Wed Mar 11, 2015 9:22 am
Forum: Personal Consumer Issues
Topic: Where to retire in New England?
Replies: 101
Views: 8351

Re: Where to retire in New England?

In college I lived and worked 2 summers in NH and northeast MA. In that time, I visited Lake Winnipesaukee several times and have dreamed of the place ever since. I am far from retirement, but in the back of my mind somewhere is a dream of retiring on/near that lake.
by jasc15
Wed Mar 04, 2015 2:59 pm
Forum: Personal Consumer Issues
Topic: Car Repair [Maintenance vs. repair costs]
Replies: 20
Views: 2359

Re: Car Repair [Maintenance vs. repair costs]

I would ask how many miles of service you would be buying with a repair, not whether its worth it on an old car. A $2000 repair on a $5000 car might sound crazy, but if you get another 20,000 miles out of it, the repair cost $0.10/mile. A new $25,000 car would need to last 250,000 miles for the same...
by jasc15
Mon Feb 23, 2015 12:37 pm
Forum: Investing - Theory, News & General
Topic: Comedian Kevin Hart: "Stay in your financial lane."
Replies: 3
Views: 1485

Comedian Kevin Hart: "Stay in your financial lane."

I caught the whole hour-long performance this weekend, and I thought this bit was perfect for the forum, except the liberal use of the F-word perhaps. Its a great anecdote about why he doesn't hang out with athletes and other wealthy celebrities anymore in an effort to "stay in his financial la...
by jasc15
Wed Feb 18, 2015 10:07 am
Forum: Personal Consumer Issues
Topic: 2005 Nissan Altima - car issues [kicks back]
Replies: 21
Views: 1863

Re: 2005 Nissan Altima - car issues [kicks back]

Thanks snowman & jasc15 for replying to my post. More than likely it is the transmission, and my guess since it appears they have extended the warranty on model years 2003-2010 is the reason they are telling me "I don't see a problem." I'm sure they are not liking having to do free re...
by jasc15
Tue Feb 17, 2015 5:53 pm
Forum: Personal Consumer Issues
Topic: 2005 Nissan Altima - car issues [kicks back]
Replies: 21
Views: 1863

Re: 2005 Nissan Altima - car issues [kicks back]

Sounds like you might be describing 2 different problems. First is the shaking while applying the brakes. Changing the pads will do nothing if you need new rotors and/or calipers. This is not a big job for a DIY car owner with help from a knowledgeable friend, maybe $250 in parts and shouldn't cost ...
by jasc15
Wed Feb 11, 2015 4:18 pm
Forum: Investing - Theory, News & General
Topic: Your Future According to Yale Star Robert J. Shiller
Replies: 86
Views: 10924

Re: Your Future According to Yale Star Robert J. Shiller

(Shrug) When, O when was the golden age when anxiety and uncertainty were not weighing on individuals, and nobody worried about new technologies I'm relatively young and inexperienced, but I have learned in my 31 years that times are only ever good in the past. The present is always bad. "The ...
by jasc15
Tue Jan 06, 2015 9:43 am
Forum: Personal Consumer Issues
Topic: Any men here get their wedding band on Amazon?
Replies: 66
Views: 3973

Re: Any men here get their wedding band on Amazon?

I bought mine from a guy on etsy who makes titanium rings. It cost $45, and I've been very happy with it for the last 6 months. Of course it can't be resized, but a new one is much cheaper than resizing a gold ring.
by jasc15
Tue Dec 16, 2014 5:28 pm
Forum: Investing - Theory, News & General
Topic: Dilbert: Everything you need to know
Replies: 20
Views: 3066

Re: Dilbert: Everything you need to know

Here is another good one:

Image
by jasc15
Tue Dec 16, 2014 4:19 pm
Forum: Personal Consumer Issues
Topic: Smartphone Cases
Replies: 26
Views: 2527

Re: Smartphone Cases

Otterbox cases are well made and protect your phone quite well, but tend to be expensive. I had one for my previous phone, but now use a cheap ~$6 "thermoplastic polyurethane" (TPU) case, which I find does a good job as well. I got it because the rubber portions of the otterbox case would ...
by jasc15
Wed Dec 10, 2014 8:36 am
Forum: Personal Consumer Issues
Topic: Book suggestion for buying primary home
Replies: 13
Views: 939

Re: Book suggestion for buying primary home

How reasonable is it to expect to "look carefully yourself"? What are the chances of having a few hours of uninterrupted access to the home when you haven't yet reached the point of making offer?
by jasc15
Thu Nov 13, 2014 11:16 am
Forum: Personal Finance (Not Investing)
Topic: More money equates to feeling poor?
Replies: 50
Views: 6502

Re: More money equates to feeling poor?

I like to think of it in another way. Having the money to buy something without borrowing gives a much different sensation of the cost, for me, than if I did not have the money and needed to borrow. For example, when my wife and I had to replace a vehicle recently, we bought a used one for $10,000 a...
by jasc15
Thu Nov 06, 2014 9:12 am
Forum: Personal Consumer Issues
Topic: Oil change costs--dealer vs other
Replies: 35
Views: 3075

Re: Oil change costs--dealer vs other

You can't really beat $20 with a DIY oil change. A filter is about $6-$7 and 5 quarts of oil can cost near $20 itself.
by jasc15
Fri Oct 24, 2014 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: NJ - Buying house in flood zone (FEMA)?
Replies: 48
Views: 3620

Re: NJ - Buying house in flood zone (FEMA)?

I live in northern NJ, and was here for both Irene and Sandy. I live in a second floor apartment, so the Sandy flood only took our cars and nothing else. Since then, while looking at home listings, I plug every address into the FEMA database and look on their maps. Maybe I am being too risk averse d...
by jasc15
Fri Oct 24, 2014 7:50 am
Forum: Personal Consumer Issues
Topic: How often do you change your car's oil?
Replies: 168
Views: 14011

Re: How often do you change your car's oil?

My owner's manual recommends a synthetic oil change every 7500 miles. I changed it 5000 miles after buying it (used) since I wasn't sure if the dealer used synthetic or not. I plan on sticking to the 7500 mile interval for the future.
by jasc15
Thu Oct 16, 2014 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: How did you get from $1M to $10M
Replies: 46
Views: 4316

Re: How did you get from $1M to $10M

The same way you got from 100k to 1M?
by jasc15
Mon Oct 13, 2014 7:58 am
Forum: Investing - Theory, News & General
Topic: Just read All About Asset Allocation by Mr. Ferri.. Help!
Replies: 14
Views: 2316

Re: Just read All About Asset Allocation by Mr. Ferri.. Help

I'm pretty sure all of those asset classes you mention can be achieved with a "lazy" 3 or 4 fund portfolio. In fact, you mention the 3 in your post:

US EQUITY, INTERNATIONAL EQUITY, FIXED INCOME.

There are funds which cover these classes roughly in the proportions you mention.
by jasc15
Mon Oct 13, 2014 7:49 am
Forum: Investing - Theory, News & General
Topic: Avoid logging into brokerage account
Replies: 17
Views: 1884

Re: Avoid logging into brokerage account

Tell me not to log in, all I want to do was log in.

Today's Gain/Loss: -1.03% and Total Gain/Loss +26.77%.

Whats the problem?
by jasc15
Thu Oct 09, 2014 4:15 pm
Forum: Personal Consumer Issues
Topic: Couch Surfing
Replies: 90
Views: 6286

Re: Couch Surfing

I considered couch surfing prior to a trip to Munich about 5 years ago. Since I was a brand new member, and wasn't in a position to reciprocate as a host, I decided not to. At the time I spoke to several people I know who recommended it. I like the Idea, but have no direct experience with it. This p...
by jasc15
Wed Oct 01, 2014 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Savings account interest rate increase (!)
Replies: 7
Views: 1496

Re: Savings account interest rate increase (!)

Now that you mention it I notice 0.75% on my Capital One 360 accounts, where I think it was 0.70% not long ago. It could be your suggestion of the change that makes me see it, however.
by jasc15
Tue Sep 23, 2014 10:48 am
Forum: Personal Finance (Not Investing)
Topic: how to prevent medical expense catastrophe?
Replies: 174
Views: 8999

Re: how to prevent medical expense catastrophe?

This article struck a nerve with me. My wife had surgery about 2 years ago with both an in-network and an out-of-network surgeon. We saw his bill of $112,000 which turned my stomach inside out. Realizing that out of pocket maximums do not preclude "balance billing", a term we learned about...
by jasc15
Wed Sep 17, 2014 12:11 pm
Forum: Personal Consumer Issues
Topic: LASTPASS Password Program
Replies: 46
Views: 6022

Re: LASTPASS Password Program

What probably happened, is that Lastpass stored the old password for that site. It didn't create a new one unless you go into that site's specific user account settings, and created a new one using the lastpass password generator. It takes a bit of time to get the hang of how lastpass manages and ge...
by jasc15
Tue Sep 16, 2014 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Student loan overpayment. How do I calculate payoff period?
Replies: 18
Views: 1151

Re: Student loan overpayment. How do I calculate payoff per

Here we go again , another "student loan" question where the audience gets half-baked or no information and we are suppose to figure it out - after spinning my wheels on a couple of these in the past I decided to look at the information given and then quickly decide if it's worth my time ...
by jasc15
Mon Sep 15, 2014 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Student loan overpayment. How do I calculate payoff period?
Replies: 18
Views: 1151

Re: Student loan overpayment. How do I calculate payoff per

These numbers are a few months out of date, but they should still serve the purpose as an example: Balance Rate Minimum Monthly Payment Loan 1- $23,494 5.90% 294 Loan 2- $12,551 5.63% 98 Loan 3- $31,507 6.80% 521 Loan 3 is actually composed of 3 or 4 different balances with different rates, but I'm ...
by jasc15
Mon Sep 15, 2014 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Student loan overpayment. How do I calculate payoff period?
Replies: 18
Views: 1151

Student loan overpayment. How do I calculate payoff period?

My wife has been paying off her student loans aggressively for nearly 2 years now. When she called to ask how the overpayment would be applied, they responded that it would be applied to the next payment. I'm not sure how to account for this to determine how much interest will actually be paid, and ...
by jasc15
Thu Sep 11, 2014 9:26 am
Forum: Personal Consumer Issues
Topic: Anyone moved from NY?
Replies: 43
Views: 3353

Re: Anyone moved from NY?

I spent my first 27 years on LI, western Nassau County, and the last 4 in New Jersey. They are mostly the same as far as I am concerned, though NJ has more walkable suburban towns, due to the fact that many of them were developed before the post WWII car-dominated suburb boom that dominates LI today...
by jasc15
Mon Sep 08, 2014 8:31 am
Forum: Personal Consumer Issues
Topic: A 'really good book' you did NOT enjoy
Replies: 229
Views: 13045

Re: A 'really good book' you did NOT enjoy

I've read "Zen and the Art of Motorcycle Maintenance" at least twice. I want to like it. But what is he talking about? Obviously the book is written on a much higher level than my average, puny mind can comprehend. Glad I searched the thread for this book. I'm reading it now, and am about...
by jasc15
Thu Aug 28, 2014 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Do you take all of your allowed paid vacation time?
Replies: 88
Views: 6754

Re: Do you take all of your allowed paid vacation time?

After reading this thread, I happened to come across this relevant article:

Germany mulls ban on after-hours work emails and calls.
by jasc15
Thu Aug 28, 2014 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Trying to understand the 1040 Tax Table
Replies: 36
Views: 2591

Re: Trying to understand the 1040 Tax Table

Effective tax rate, while interesting, is useless for decision making. All decisions to recognize additional income or accelerate deductions are based on the marginal rate. There is a dichotomy in my head on this issue. On one hand, I see that reducing taxable income by one dollar, you will save ta...
by jasc15
Mon Aug 25, 2014 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to understand the 1040 Tax Table
Replies: 36
Views: 2591

Re: Trying to understand the 1040 Tax Table

JohnFiscal wrote:I think I'd call that the "effective total tax rate". But I don't pay any attention to that number.

Can you elaborate? Why does your marginal rate matter, when what you pay is this "effective" rate?
by jasc15
Fri Aug 22, 2014 5:13 pm
Forum: Personal Consumer Issues
Topic: Rain Jacket Recommendations
Replies: 29
Views: 2153

Re: Rain Jacket Recommendations

I have this jacket and just used it on a 10 day trip in europe where it rained for much of the time. It kept me dry while walking for hours in the rain, and on some hikes with on and off rain. I also use it to bike in the rain and for snowboarding, and I've never noticed a leak. I have had it less t...
by jasc15
Wed Jul 30, 2014 3:47 pm
Forum: Local Chapters and Bogleheads Community
Topic: How old are you?
Replies: 82
Views: 8851

Re: How old are you?

31. I'd be interested to see the results when more people respond. I figured I was young compared to the rest of the forum members.

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