Search found 935 matches

by sambb
Fri Jul 03, 2015 8:28 pm
Forum: Personal Consumer Issues
Topic: Buying a new desktop computer
Replies: 39
Views: 2306

Re: Buying a new desktop computer

We switched to a MacBook Pro this year. We have been using many Apple products over the past few years and slowing were transitioning to all Apple products. By far, the best products we have ever used. So easy and to quote Steve Jobs "They Just Work". I was amazed by how much more product...
by sambb
Fri Jul 03, 2015 7:49 pm
Forum: Personal Consumer Issues
Topic: Best albums of 2015
Replies: 90
Views: 9397

Re: Best albums of 2015

drake's is really good, along with ASAP Rocky. Streaming of course is the way to go, so hard to listen to an entire album. I like Tay's 1989 if you are going old and listen to the entire thing, and kendrick also. Both better than some of the old stuff.
by sambb
Fri Jul 03, 2015 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: financial adviser told me not to invest too much in 401k
Replies: 81
Views: 5371

Re: financial adviser told me not to invest too much in 401k

run away from this advisor. Put your money in life strategy moderate growth while you learn and decide what to do. at 60/40 you are fine while you learn.
by sambb
Fri Jul 03, 2015 4:51 pm
Forum: Personal Consumer Issues
Topic: Buying a new desktop computer
Replies: 39
Views: 2306

Re: Buying a new desktop computer

would go with a iMac. Resale value is amazing on macs compared to pcs. The time you will save in the long run is amazing once you learn OSX. Unlikely you will turn back, as productivity is amazing. Windows is cheaper but a poor value. And, it is great with an iPhone also. It just works.
by sambb
Fri Jul 03, 2015 2:33 pm
Forum: Personal Consumer Issues
Topic: MacBook Air - power issues
Replies: 13
Views: 1004

Re: MacBook Air - power issues

apple service is great - take it to the store
by sambb
Thu Jul 02, 2015 8:54 pm
Forum: Investing - Theory, News & General
Topic: When saving money becomes an irrational obsession
Replies: 146
Views: 20195

Re: When saving money becomes an irrational obsession

A friend of mine always refuels his car at cheapest gas station in town. I, OTOH, refuel at whichever top-tier gas station that is convenient for me. He may save a dollar or two each time, but I don't see how one can get rich that way and it does not make sense to (sometimes) drive across town in o...
by sambb
Tue Jun 30, 2015 12:55 pm
Forum: Personal Consumer Issues
Topic: What do you do to reduce your "need" expenses?
Replies: 27
Views: 1512

Re: What do you do to reduce your "need" expenses?

I enjoy my iphone. It saves me so much time. In my life there are plenty of ways to save money. However there are far fewer that save me money and time and bring more happiness. To me it is bigger than the dollar amount.

I like learning from these threads.
by sambb
Tue Jun 30, 2015 11:21 am
Forum: Investing - Theory, News & General
Topic: Emergency Portfolio with 30% Stocks
Replies: 33
Views: 1761

Re: Emergency Portfolio with 30% Stocks

One of the worst financial mistakes I have made is keeping an emergency fund in money market. I could have been far better off investing the money I have sizable assets in taxable accounts for a real emergency that can be sold off in days The emergency fund concept to me seems more applicable for lo...
by sambb
Mon Jun 29, 2015 1:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 1362
Views: 266608

Re: U.S. stocks in freefall

Sooner or later the bull will end. Is this the time? Could be. Or maybe not.
Hope it isn't. Would like to keep my profits.
by sambb
Mon Jun 29, 2015 1:28 pm
Forum: Investing - Theory, News & General
Topic: dow futures down 200+ points
Replies: 84
Views: 9019

Re: dow futures down 200+ points

Yes, I index most accounts, and I have half in target retirement dates Nevertheless, It is nice to speculate if this tired bull run is coming to an end. We will find out soon. I am sure when it does, I will regret that I didn't sell at the top. Nevertheless, I'm not smart enough to figure it out. Ho...
by sambb
Mon Jun 29, 2015 9:19 am
Forum: Personal Consumer Issues
Topic: Travel to Greece
Replies: 58
Views: 4313

Re: Travel to Greece

I wouldn't go based on the total of news
by sambb
Sun Jun 28, 2015 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: What's your net worth break down? What's ideal?
Replies: 44
Views: 6430

Re: What's your net worth break down? What's ideal?

There is no "ideal" as it depends on housing, whether or not one has student loans, and whether or not one intends to pay for college for one's own kids. If you have a net worth of 500k, but intend on paying for 3 kids to go to college starting in 2 years, then your net worth is frankly mu...
by sambb
Thu Jun 25, 2015 8:08 pm
Forum: Personal Consumer Issues
Topic: Convince me not to buy Porsche
Replies: 132
Views: 8569

Re: Convince me not to buy Porsche

Contrary to the sometimes BH opinion that comes up in car threads - not everyone with a BMW or Porsche is wasting their money. Some consider it enjoyment, regardless that it costs more than a 1999 camry. Same for private schools or a nice home. You can't take the money with you past the grave. There...
by sambb
Tue Jun 23, 2015 6:34 pm
Forum: Personal Consumer Issues
Topic: Convince me not to buy Porsche
Replies: 132
Views: 8569

Re: Convince me not to buy Porsche

It is possible to save more money for retirement and give up expenditures in your 20s. On the other hand, my frivolous spending in my 20s gave me experiences that would be meaningless in my 40s. Yes, the porsche is frivolous. Is the experience worth the expense? I one time went to europe for a week ...
by sambb
Tue Jun 23, 2015 12:59 pm
Forum: Personal Consumer Issues
Topic: Convince me not to buy Porsche
Replies: 132
Views: 8569

Re: Convince me not to buy Porsche

I have had all sorts of cars, incl a porsche GTS Remember this, it is super fun to have a porsche in your 20s. It is awesome. It may cause your financial goals to be behind, but there is no substitute for a sports car as a young gentleman. I blew money in my 20s - trips to vegas, dates, vacations, s...
by sambb
Mon Jun 22, 2015 9:43 pm
Forum: Investing - Theory, News & General
Topic: Why do Bogleheads/BiggerPocketers think there is only one way?
Replies: 123
Views: 13467

Re: Why do Bogleheads/BiggerPocketers think there is only one way?

I do both. I own 10 rental properties, as well as the property management company that operates them. I consider this an active business vs. a passive portfolio of stocks and bonds. The return on the rentals is a bit higher -- about 20% ROE once you put a little leverage on them to goose the return...
by sambb
Mon Jun 22, 2015 6:34 am
Forum: Investing - Theory, News & General
Topic: Why do Bogleheads/BiggerPocketers think there is only one way?
Replies: 123
Views: 13467

Re: Why do Bogleheads/BiggerPocketers think there is only one way?

There are several ways to make money Real estate, alternative investments, etc are all possible As long as you know what you are doing. That's all that matters. I made a ton of money in apple stock, when the first iphone came out, i bought in, and saw on CNBC how blackberry carrying financial analys...
by sambb
Sun Jun 21, 2015 2:30 pm
Forum: Personal Consumer Issues
Topic: Rear ended another vehicle
Replies: 11
Views: 1693

Re: Rear ended another vehicle

i would report. new safety things on cars can now prevent these accidents. dash cam can also be helpful for liability
by sambb
Sun Jun 21, 2015 2:28 pm
Forum: Investing - Theory, News & General
Topic: When saving money becomes an irrational obsession
Replies: 146
Views: 20195

Re: When saving money becomes an irrational obsession

to each his own.. it doesn't make sense to me to have millions of dollars in investments, but drive an old camry or a fit. But it makes sense to some.. can't figure that out
by sambb
Sun Jun 21, 2015 10:18 am
Forum: Investing - Help with Personal Investments
Topic: How is this AA for a 25 year old?
Replies: 19
Views: 1264

Re: How is this AA for a 25 year old?

Everyone in a bull market seems to say that they will stay the course. I would put all into life strategy growth and wait 10 years before splitting it in the 401k. If you can stomach the ride for 10 years, then you are set. And you won't do much better than this fund, but you can do a whole lot wors...
by sambb
Sat Jun 20, 2015 10:27 pm
Forum: Investing - Theory, News & General
Topic: Does the tax efficiency of fund placement depend on your time horizon?
Replies: 24
Views: 1822

Re: Does the tax efficiency of fund placement depend on your time horizon?

i think the wiki is misleading. but there are disclaimers now in it, which help. no one knows what tax rates and cap gains tax rates will be in 20 years, so the exercise is worthless. Also no one knows the after tax spread of munis vs regular bonds over time. I do not follow the mantras and assumpti...
by sambb
Sat Jun 20, 2015 6:46 am
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 104
Views: 9790

Re: Free Windows 10 Upgrade, Yes or No?

abuss368 wrote:We moved everything to Apple the last couple of years. No interest in ever moving back to Windows. Apple's products are so easy and they just work!

+1000
by sambb
Fri Jun 19, 2015 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Saving vs Spending in Retirement ~
Replies: 30
Views: 4719

Re: Saving vs Spending in Retirement ~

It is notable to read a thread in which people say to spend money, and there are countless others against spending on a luxury car, and recc to keep a 10 year old Camry When I blew money in my 20s on dates, travel, partying, it was a heck of a lot more fun. Spend in retirement, but also spend along ...
by sambb
Thu Jun 18, 2015 7:43 pm
Forum: Personal Consumer Issues
Topic: diesel luxury cars - any owners?
Replies: 11
Views: 1693

diesel luxury cars - any owners?

Any owner of MB or BMW diesels? E250 or 535d in particular? How do you like them? Preowned now, these are fairly good deals compared to new. With gas prices lower, this may be a direction i head, but looking for feedback on likes and dislikes.
by sambb
Thu Jun 11, 2015 3:30 pm
Forum: Personal Consumer Issues
Topic: NYC saturday workspace cost effective
Replies: 2
Views: 294

NYC saturday workspace cost effective

Hello, i have to spend a few saturdays in NYC (midtown), in meetings until 11 am, but have the rest of day to work before a late flight home. Are there any potential workspaces I could pay to work, or suggestions? Need wifi of course. I tried a few coworking places, but they want to interview me, et...
by sambb
Sun Jun 07, 2015 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Healthcare cost - Office Visit - negotiated insurance rate higher than cash rate?
Replies: 53
Views: 4163

Re: Healthcare cost - Office Visit established patient

The cost seems a little higher than normal, but not unreasonable. To remove a ticks from a house, it would cost us more than that. I can't imagine it would be cheaper to have someone attempt to remove them from the human body and take all the risk and liability, and expertise. Yes, it seems a little...
by sambb
Sun Jun 07, 2015 5:22 pm
Forum: Personal Consumer Issues
Topic: Will you buy an Apple Watch?
Replies: 398
Views: 31407

Re: Will you buy an Apple Watch?

I am so impressed with the reviews and capabilities, and this is only a first generation product. Just like the first iPhone, there were skeptics. I can't wait to get mine, and get the next few generations. Another amazing niche product by apple. Will be fascinating to see how apps and the next gen ...
by sambb
Sat Jun 06, 2015 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Federal Employment
Replies: 82
Views: 8405

Re: Thoughts on Federal Employment

I worked for the federal govt for a few years. The work was ok.

I felt i outgrew the place in 2 months. Someone told me to stop being so productive and smell the roses after my second month.

I respect our public workers, maybe i was in the wrong office.
by sambb
Tue Jun 02, 2015 10:34 pm
Forum: Investing - Theory, News & General
Topic: why do some people like Fidelity?
Replies: 92
Views: 11076

Re: why do some people like Fidelity?

I'm a vanguard person, but fidelity's customer service is so far superior in my experience. Jack Bogle and his team could learn from them. We have a fidelity office here in my town, and when i walk in there, they are so helpful it is unbelievable. Vanguard doesn't get everything right in comparison.
by sambb
Mon May 25, 2015 7:10 am
Forum: Investing - Help with Personal Investments
Topic: Allocation with large holding in single stock
Replies: 34
Views: 2511

Re: Allocation with large holding in single stock

apple has blown away the s&p Dumb? Hardly The company isn't going anywhere (like bankrupt) Yeah, it will be volatile. Yes, it might have some bad times. But dumb? No, it has made them rich. The analogy that this is enron - is laughable. Yes, it isn't diversified. Yes, it carries some risk. Yes, ...
by sambb
Sun May 24, 2015 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: At what point does 529 make sense
Replies: 24
Views: 3226

Re: At what point does 529 make sense

i have funded a 529 with some money. I hope that my kids don't need the money, or i can help them in other ways. When they get married and have kids, I can switch the 529 to the grandkid. Therefore, will grow 30-35 years tax free rather than 10 -15 years. Just a thought. DOnt know if this is possibl...
by sambb
Sat May 23, 2015 7:23 pm
Forum: Personal Consumer Issues
Topic: Prom budget for teenage girl?
Replies: 88
Views: 6661

Re: Prom budget for teenage girl?

never mind
by sambb
Wed May 20, 2015 4:15 am
Forum: Investing - Help with Personal Investments
Topic: What to do with 5M?
Replies: 93
Views: 15887

Re: What to do with 5M?

never mind
by sambb
Wed May 20, 2015 4:10 am
Forum: Personal Consumer Issues
Topic: How much can I spend on a car?
Replies: 157
Views: 9603

Re: How much can I spend on a car?

kmedina, It looks like you have decided to spend 20-25K on a car. I think you can definitely afford the payments comfortably as long as you continue to live with your parents during the payment years. When I was in my mid 20's on a $50K/yr salary I too bought a luxury CPO car. It was an Audi. Just ...
by sambb
Tue May 19, 2015 4:42 pm
Forum: Personal Consumer Issues
Topic: [What is safest vehicle on the road today that I can buy?]
Replies: 114
Views: 8553

Re: [What is safest vehicle on the road today that I can buy?]

Yes.. indeed these SUVs are the safest out there.
The BH Car (often a >10 year old camry, or >5 year old prius) is not the safest.
My wife and kids are in a nice safe SUV with all the safety features. I love it, and they do also.
by sambb
Fri May 15, 2015 9:40 pm
Forum: Personal Consumer Issues
Topic: Aren't we overdoing electronic auto safety features?
Replies: 197
Views: 13719

Re: Aren't we overdoing electronic auto safety features?

The lake wobegon comment is interesting. I don't see how so many people are such good drivers. But it doesn't matter. Even good drivers can cause accidents. The cost savings, however, is not just the cost of hitting someone's car. The cost is in the lawsuit that could follow, if it is anywhere near ...
by sambb
Fri May 15, 2015 5:56 pm
Forum: Personal Consumer Issues
Topic: I Hate Vacations
Replies: 113
Views: 10006

Re: I Hate Vacations

never mind
by sambb
Fri May 15, 2015 5:45 pm
Forum: Personal Consumer Issues
Topic: Aren't we overdoing electronic auto safety features?
Replies: 197
Views: 13719

Re: Aren't we overdoing electronic auto safety features?

avoidance if injury? sure How about avoidance of LIABILITY and headaches. Blind spot monitoring, and forward collision warning are awesome. I don't want to hit someone and be sued. My time is worth too much. I am so happy to have these things. They work great. Backup camera rules! People have run ov...
by sambb
Fri May 15, 2015 3:17 am
Forum: Personal Consumer Issues
Topic: How much can I spend on a car?
Replies: 157
Views: 9603

Re: How much can I spend on a car?

There is nothing wrong with living with your family, as long as you are happy. Several people wish they spent more time with their families. There is nothing wrong with buying a nice car in your 20s. Certainly it is fun, great for the dating scene, and you are young and stable. People here may criti...
by sambb
Mon May 11, 2015 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Frugality Reinforced - The Millionaire Next Door
Replies: 84
Views: 12957

Re: Frugality Reinforced - The Millionaire Next Door

johno is correct. Some can afford a nice car, a nice vacation and a group BBQ, and still retire. just because you buy a nice car, doesn't mean you can't have the "experiences". it is not always one or the other. some can have their cake and eat it too.
by sambb
Mon May 11, 2015 8:39 pm
Forum: Investing - Theory, News & General
Topic: "Why Would an Experienced Investor Buy a Target-Date Fund?"
Replies: 38
Views: 5140

Re: "Why Would an Experienced Investor Buy a Target-Date Fund?"

I don't use target date in taxable accts, but even if used in those, most investors would do far better than they would on their own. Yeah, tweaking 3 and 4 fund portfolios might net you a little more, but you also might tweak at the wrong time. Or other issues. I understand the popularity of 3 and ...
by sambb
Sun May 10, 2015 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Frugality Reinforced - The Millionaire Next Door
Replies: 84
Views: 12957

Re: Frugality Reinforced - The Millionaire Next Door

If someone making $500,000 a year wants to buy a new BMW or Mercedes every year or two, I see no problem. okay, I guess, but it had better not be an S class :D ...or one of the AMG models. I understand completely... Also, I agree. I don't see the wisdom of accumulating millions of dollars, and driv...
by sambb
Mon May 04, 2015 10:03 pm
Forum: Personal Consumer Issues
Topic: How To Find The Best Doctor
Replies: 42
Views: 3121

Re: How To Find The Best Doctor

deleted
by sambb
Sun May 03, 2015 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving our financial advisor over a period of months
Replies: 33
Views: 2787

Re: Leaving our financial advisor over a period of months

i would just transfer the assets and keep communication short as possible and professional.
by sambb
Sun May 03, 2015 11:09 am
Forum: Personal Consumer Issues
Topic: Buying ML350 - how old a car to get?
Replies: 6
Views: 790

Re: Buying ML350 - how old a car to get?

buy a cpo car and enjoy if that is what you want

for reliability, i have owned MB and have been satisfied, but it is not a lexus or acura
by sambb
Sun May 03, 2015 8:28 am
Forum: Personal Consumer Issues
Topic: Can you see the Mayweather fight for less than $99?
Replies: 39
Views: 3800

Re: Can you see the Mayweather fight for less than $99?

The best lesson to learn from the fight is how 2 stakeholders managed to make very large dollars through savvy marketing and negotiation, rather than let promoters take most of the money.

There is a business side to this.
by sambb
Wed Apr 29, 2015 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Private Schools - Tuition
Replies: 90
Views: 5879

Re: Private Schools - Tuition

i see nothing wrong with investing in one's child. To me, it is Better than saving the money and investing in a luxury for oneself.

Nothing wrong with private school. I attended public for k-18. Private school would have been better education than the one I got in those years.
by sambb
Wed Apr 29, 2015 9:20 pm
Forum: Personal Consumer Issues
Topic: Help re Car [convertible]
Replies: 43
Views: 3321

Re: Help re Car [convertible]

Here is the list by $$:

cheap: Miata
Mid: Mustang or Mini Cooper JCW edition
Mid-High: Boxster
High and sporty: Porsche 911 GTS cabriolet
High and luxe: MB SL 550 convertible
Exotic: Ferrari California
Superexotic: Aventador roadster

Remember that convertible is supposed to be red or black!
by sambb
Wed Apr 29, 2015 8:59 pm
Forum: Personal Consumer Issues
Topic: New car every 5 years instead of 10?
Replies: 129
Views: 10459

Re: New car every 5 years instead of 10?

IF you can afford it, there is no reason to hold on to an older car. New cars have more safety features (some optional) that can prevent accidents or even save your life. And they look better too, and it is fun to get a new car. If you need the money for savings or investment, it is harder. But you ...
by sambb
Wed Apr 29, 2015 5:34 am
Forum: Personal Consumer Issues
Topic: 2 iphones on 1 itunes account experiences?
Replies: 18
Views: 1413

Re: 2 iphones on 1 itunes account experiences?

+1 on sharing. apple just works, and this is an example where it is already sorted out.

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