Search found 2490 matches

by DaftInvestor
Fri Aug 18, 2017 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Investments that Colleges Don't Count Against You.
Replies: 8
Views: 945

Re: Investments that Colleges Don't Count Against You.

Other than retirement accounts, all investments will "count against you" (as they should) but as a prior poster mentioned - they will only count 5.64%. If you filled out the FAFSA - you likely already saw this (you just add the balance of all savings and investment accounts - so it doesn't matter wh...
by DaftInvestor
Fri Aug 18, 2017 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 82
Views: 4962

Re: Jobs that pay over $100,000

If his primary goal is to make sure he can stay in South Florida after he graduates - he should also factor that into any career choice. Some of the careers mentioned may not be as prevalent in South Florida as other locales. Also - I thought the South Florida had a pretty low Cost-of-Living (unless...
by DaftInvestor
Fri Aug 18, 2017 3:08 pm
Forum: Personal Consumer Issues
Topic: Little P**S Ants
Replies: 46
Views: 5062

Re: Little P**S Ants

I'd call a exterminator - they are licensed for chemicals and treatments that you can't buy (at least in most locales - not sure about yours). I'm in the Northeast but had trouble a couple of summers in a row and finally called an exterminator and now have him treat every year - he guarantees his wo...
by DaftInvestor
Fri Aug 18, 2017 2:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3799
Views: 992601

Re: U.S. stocks in freefall

I'll bite because I admit I'm still learning--and I am genuinely interested. How exactly do we lose money if we don't sell the shares and actually realize the loss? If I have a wallet with $100 in it, and someone steals $10 out of it, is it a real loss then, or when I open the wallet and take the m...
by DaftInvestor
Fri Aug 18, 2017 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 158
Views: 10516

Re: Lost $7000 today in ONE DAY!

Are you cashing everything out today? If not - then why do you think you lost $7000?
by DaftInvestor
Wed Aug 16, 2017 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Plan for making child pay for part of college
Replies: 111
Views: 5183

Re: Plan for making child pay for part of college

The way I read your rules is that you are encouraging your child to go to an instate non-flagship school - is this what you want?
by DaftInvestor
Wed Aug 16, 2017 7:03 am
Forum: Personal Consumer Issues
Topic: Postal Service -- "informed delivery"
Replies: 88
Views: 4814

Re: Postal Service -- "informed delivery"

I opt into all paperless services and have been doing so for years. My mail is 99.5% junk - the only important mail I usually get is misdelievered mail for my neighbors which I redeliver promptly. I actually find it very sad that mail service has gotten so bad.
by DaftInvestor
Mon Aug 14, 2017 3:08 pm
Forum: Personal Consumer Issues
Topic: Public vs Private Elementary
Replies: 57
Views: 3104

Re: Public vs Private Elementary

Go private. The bad and disruptive kids get expelled quickly. Friend is a teacher at public and private. She said at private parents always interested in their kids education and attend school functions, public much less so. On the other hand - there will be "bad and disruptive" people throughout y...
by DaftInvestor
Mon Aug 14, 2017 2:34 pm
Forum: Investing - Theory, News & General
Topic: It's easy to have an investment plan until you get punched in the face
Replies: 53
Views: 6499

Re: It's easy to have an investment plan until you get punched in the face

I don't know what you mean when you say that "some of them aren't in the most efficient investments". Certainly in the 1980s and 1990s many 401K plans offerred far fewer choices for participants. There's still folks out there that don't take the time to self-educate and just look at Morningstar rat...
by DaftInvestor
Mon Aug 14, 2017 2:27 pm
Forum: Personal Consumer Issues
Topic: Aug. 2017 US total eclipse hotel reservations.
Replies: 77
Views: 7363

Re: Aug. 2017 US total eclipse hotel reservations.

Na, traffic may be somewhat heavier, but nothing detrimental. No need to worry. Seriously? I saw a study on how many people where planning vacation time for viewing - most of them are driving towards the best viewing areas near them - some from quite far away. AAA and other association are predicti...
by DaftInvestor
Mon Aug 14, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: Car accident - dealership body shop or independent?
Replies: 17
Views: 792

Re: Car accident - dealership body shop or independent?

I always go with one of my insurance company's "preferred" shops. When I do so, my insurance company insures the quality of the work for the life of the car. This is particularly important if you're in an accident out of town, where you wouldn't easily be able to return to the same shop if problems...
by DaftInvestor
Mon Aug 14, 2017 2:09 pm
Forum: Personal Consumer Issues
Topic: What home task(s) are worth learning to do yourself?
Replies: 45
Views: 4369

Re: What home task(s) are worth learning to do yourself?

In addition to all the maintenance items folks are talking about - there are people who go to the extreme and do almost nothing themselves. Some people don't like cleaning so hire a cleaning service. Some people don't like cooking - so order ready-made meals or always eat out. You need to decide wha...
by DaftInvestor
Mon Aug 14, 2017 1:59 pm
Forum: Investing - Theory, News & General
Topic: It's easy to have an investment plan until you get punched in the face
Replies: 53
Views: 6499

Re: It's easy to have an investment plan until you get punched in the face

There are two classes of people that don't have a problem. 1) Us true Bogleheads whose only moves during 99-2001 and 2008 timeframes where in buying more stock funds in order to re balance our AAs 2) But then there are also the people who really do NEVER or RARELY look at how their retirement saving...
by DaftInvestor
Mon Aug 14, 2017 1:53 pm
Forum: Personal Consumer Issues
Topic: How useful is a home security system?
Replies: 66
Views: 4462

Re: How useful is a home security system?

I currently live in a very low crime town and in my current town - a lot of people don't even bother locking their doors and some leave items like purses and such in their cars. When we had some robberies a few years ago the targets were the "easier" houses and cars - those with unlocked doors and i...
by DaftInvestor
Mon Aug 14, 2017 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: How does personal wealth affect job hunting?
Replies: 57
Views: 6477

Re: How does personal wealth affect job hunting?

A, B and E are the gauges I use.
I can't necessarily get C and D if what I really want are A and E - A and E are more important to me (A lot of great jobs come with stress and require you to put in extra hours from time to time).
by DaftInvestor
Mon Aug 14, 2017 1:22 pm
Forum: Personal Consumer Issues
Topic: How useful is a home security system?
Replies: 66
Views: 4462

Re: How useful is a home security system?

You say you lost "a substantial amount of cash" - is there a reason why you keep so much cash at home? Is there anyone that knows that you keep a lot of cash at home? Is it for fear of a bank meltdown or issue or fear of a natural disaster? As you learned unfortunately, the chance of robbery is real...
by DaftInvestor
Mon Aug 14, 2017 8:03 am
Forum: Personal Finance (Not Investing)
Topic: What % of income to buy a car is not excessive?
Replies: 48
Views: 3247

Re: What % of income to buy a car is not excessive?

The problem with this metric is it doesn't account for yearly expenses over the life of the car.
I could spend 10% of my income on the car and buy a new one every year - or 20% of my income on a car and keep it for 15 years. Which do you think is better?
by DaftInvestor
Fri Aug 11, 2017 4:27 pm
Forum: Personal Consumer Issues
Topic: Oregon road trip help
Replies: 52
Views: 2499

Re: Oregon road trip help

We went there a few years back and did a big loop - we spent a couple of days in Portland (lots to do there) - and after a few days (in the Portland riverfront Marriott - walking distance to a few good restaurants) we drove West until we hit the water and then made our way down the coast along 101. ...
by DaftInvestor
Thu Aug 10, 2017 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: College and Paying for it
Replies: 61
Views: 4063

Re: College and Paying for it

Most people don't afford them -- you and I are subsidizing them. That's how the game is played. Almost no one pays list price ( unless -- see below ). That's why the cost has risen so fast to an absurd, almost-fictional number. (International students may pay twice that inflated rate.) Great point....
by DaftInvestor
Thu Aug 10, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Where To Put My Emergency Fund?
Replies: 58
Views: 3967

Re: Where To Put My Emergency Fund?

Tier 1: gsbank (earning 1.2%) Tier 2: ibonds (earning varies with inflation) How many months do you keep in each Tier? I keep about 6 months in tier 1 and now have about that in tier 2 (but I also count the ibonds as a portion of my bond retirement allocation). How many months you want to hold real...
by DaftInvestor
Thu Aug 10, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: College and Paying for it
Replies: 61
Views: 4063

Re: College and Paying for it

OP: be careful with some of the responses - there is a lot of conjecture and misinformation everytime one of these threads come up. To get merit-based aid your child should look at going to a school were his/her class-standing/grades/test-scores are BETTER than the average for the school - the scho...
by DaftInvestor
Thu Aug 10, 2017 2:51 pm
Forum: Personal Consumer Issues
Topic: Leather couch, dog scratches -- help?
Replies: 20
Views: 1666

Re: Leather couch, dog scratches -- help?

You can train the dog that it isn't allowed on the couch. Alternatively - you can accept the cushion is going to have scratches and flip it to the good-size when company comes (if the cushions can be flipped). Did this only start in the summer and do you keep the room warm? If so - you can try keepi...
by DaftInvestor
Thu Aug 10, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Struggling with Justifying an Expensive Car Purchase
Replies: 120
Views: 5632

Re: Struggling with Justifying an Expensive Car Purchase

Have $1M net worth at your age and income is a good achievement and you can probably afford either car. Personally - I think spending roughly half your annual income on a car a bit much - but I'm not much of a car guy. I agree with everyone that has said the car to income ratio would be out of whac...
by DaftInvestor
Thu Aug 10, 2017 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: College and Paying for it
Replies: 61
Views: 4063

Re: College and Paying for it

OP: be careful with some of the responses - there is a lot of conjecture and misinformation everytime one of these threads come up. To get merit-based aid your child should look at going to a school were his/her class-standing/grades/test-scores are BETTER than the average for the school - the schoo...
by DaftInvestor
Thu Aug 10, 2017 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: College and Paying for it
Replies: 61
Views: 4063

Re: College and Paying for it

Most people don't afford them -- you and I are subsidizing them. That's how the game is played. Almost no one pays list price (unless -- see below). That's why the cost has risen so fast to an absurd, almost-fictional number. (International students may pay twice that inflated rate.) Great point. I...
by DaftInvestor
Thu Aug 10, 2017 2:12 pm
Forum: Personal Consumer Issues
Topic: Boston to Maine road trip
Replies: 64
Views: 3664

Re: Boston to Maine road trip

What will you be doing during the three nights in Danvers? Day trips to Boston, other MA towns? +1 Ive lived here 20 years and Ive never been to Danvers... Dont know what there is to see there. If you are vising Boston, stay in Boston. Its a very walkable city. If you are staying weekdays you will ...
by DaftInvestor
Thu Aug 10, 2017 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: CIT Bank 1.3% online savings + $100 bonus
Replies: 2
Views: 576

Re: CIT Bank 1.3% online savings + $100 bonus

The thing that annoys me about CIT is that once you have an account opened your rate does NOT increase when they offer increased rates to new customers. I just moved $150k from there, I was back at a .95% rate! Thanks for this info - this is unheard of in the industry (and absurd). I'll stick with ...
by DaftInvestor
Thu Aug 10, 2017 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Where To Put My Emergency Fund?
Replies: 58
Views: 3967

Re: Where To Put My Emergency Fund?

Tier 1: gsbank (earning 1.2%)
Tier 2: ibonds (earning varies with inflation)
by DaftInvestor
Thu Aug 10, 2017 1:42 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 90
Views: 5997

Re: What Percentage CASH are you?

The "percentage" goes down over the years as I hold cash only in my EF and for short term purchases while my investment accounts continue to grow. I don't usually calculate it but I know I started with 100% and now have somewhere <1% - so for me - it would depend upon which age you asked me. I don't...
by DaftInvestor
Thu Aug 10, 2017 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Struggling with Justifying an Expensive Car Purchase
Replies: 120
Views: 5632

Re: Struggling with Justifying an Expensive Car Purchase

If all your savings goals are met and won't go off-track through a purchase which you see as something you've worked hard for and really want - then you should make the decision to purchase it guilt-free. If you feel you will live with guilt - then you probably shouldn't. Have $1M net worth at your ...
by DaftInvestor
Thu Aug 10, 2017 10:48 am
Forum: Personal Consumer Issues
Topic: Toyota Radio and Backup Camera No Longer Work
Replies: 41
Views: 1808

Re: Toyota Radio and Backup Camera No Longer Work

You still haven't confirmed if the fuse is blown. This is your first step even before some reset procedure that may or may not even apply to your vehicle. Yes! Have you found the fuse? Removed it? Same as disconnecting battery and simpler. Pull the right fuse out and inspect it. Leave it out for a ...
by DaftInvestor
Thu Aug 10, 2017 9:49 am
Forum: Personal Consumer Issues
Topic: Trip Cancellation Insurance.
Replies: 37
Views: 2467

Re: Trip Cancellation Insurance.

We priced it out a couple of times and never purchased it as it always seemed a bit expensive for what we are getting. At this point - with the savings we've had throughout the years - if I had to miss a vacation or re-book flights to get home early from a vacation - we have come out ahead. Sounds l...
by DaftInvestor
Thu Aug 10, 2017 9:29 am
Forum: Personal Consumer Issues
Topic: Do you plan to ditch your laptop in travel soon?
Replies: 54
Views: 3645

Re: Do you plan to ditch your laptop in travel soon?

fillary wrote:laptop is unnecessary thing in the travelling, just take a cam and your phone
By "cam" do you mean camera? Most people no longer travel with a camera either as they have one in their phone. :happy
by DaftInvestor
Thu Aug 10, 2017 9:18 am
Forum: Personal Consumer Issues
Topic: Delta priority boarding - first timer
Replies: 80
Views: 5715

Re: Delta priority boarding - first timer

renue74 wrote:Please for Pete's sake...can we get a "this thread has run it's course." :?
When I get tired with a thread I just simply stop reading it. :?
by DaftInvestor
Thu Aug 10, 2017 9:16 am
Forum: Personal Consumer Issues
Topic: Delta priority boarding - first timer
Replies: 80
Views: 5715

Re: Delta priority boarding - first timer

When my wife and I travel we always pack everything in one checked bag. There is no way I want TSA examining anything in my bag even through they wear gloves because those gloves are rarely changed. Just think of all those soiled items (let your mind wonder) they touch in an 8 hour shift. It's wort...
by DaftInvestor
Wed Aug 09, 2017 5:01 pm
Forum: Personal Consumer Issues
Topic: Do you plan to ditch your laptop in travel soon?
Replies: 54
Views: 3645

Re: Do you plan to ditch your laptop in travel soon?

I have considered replacing my heavy Windows Laptop with a light MacBook. ... Google Chromebook ... You don't have to switch OS's to lighten up. There are many Windows laptops available today that weigh the same (or less) as compared to a MacBook. SSDs, lighter-weight batteries, not-needed DVD-driv...
by DaftInvestor
Wed Aug 09, 2017 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: How to not obsess over investments?
Replies: 46
Views: 3594

Re: How to not obsess over investments?

Like many things in life - its okay to look - as long as you don't act. It took me a long time before I stopped checking balances daily. Using the word "obsess" is more of a concern - do you lose sleep or feel anxious when things are down a bit? If no - then I wouldn't worry. If you have too much ti...
by DaftInvestor
Wed Aug 09, 2017 4:32 pm
Forum: Personal Consumer Issues
Topic: Do you plan to ditch your laptop in travel soon?
Replies: 54
Views: 3645

Re: Do you plan to ditch your laptop in travel soon?

My laptop weighs about 2 lbs, so sometimes I take it and sometimes I don't. HOWEVER, I was recently on a trip to a foreign country with friends. One of them lost their smart phone in the airport. Another dropped their phone halfway through the trip and broke it. A third found out their smart phone ...
by DaftInvestor
Wed Aug 09, 2017 4:24 pm
Forum: Personal Consumer Issues
Topic: Do you plan to ditch your laptop in travel soon?
Replies: 54
Views: 3645

Re: Do you plan to ditch your laptop in travel soon?

Since my laptop is attached to me 60 hours a week when working and traveling for work - one of the things i like about vacation travel is not having to have one with me. In some cases I have chosen to bring one with me but only for viewing digital photography if that is one of the key parts of my va...
by DaftInvestor
Wed Aug 09, 2017 3:54 pm
Forum: Personal Consumer Issues
Topic: Boston to Maine road trip
Replies: 64
Views: 3664

Re: Boston to Maine road trip

Your most recent post helps (Glad I didn't waste time listing various museums :)). For your three nights in Danvers - and given you aren't looking to get into museums or much depth - you could probably go into Boston for just one day or at most two (Harvard Square area for a while, then the waterfro...
by DaftInvestor
Wed Aug 09, 2017 3:37 pm
Forum: Personal Consumer Issues
Topic: Issue with PNC Bank
Replies: 8
Views: 700

Re: Issue with PNC Bank

I'm not familiar with the PNC credit card you mention but if it were me - no matter how great the rewards are - I'd cancel the card and move on.
Citi 2% double cash back is highly rated (and has worked well for me).
by DaftInvestor
Wed Aug 09, 2017 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: What's the deal with AMICA???
Replies: 21
Views: 1993

Re: What's the deal with AMICA???

I used AMICA years ago and they were excellent. But after two at fault accidents by my DW they refused to renew my policy. Perhaps there is something in your insurance history that they do not like. Luckily I was able to secure insurance with GEICO and they seem ok. Funny - they claim to have the b...
by DaftInvestor
Wed Aug 09, 2017 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: What's the deal with AMICA???
Replies: 21
Views: 1993

Re: What's the deal with AMICA???

They supposedly have great customer service (I know some here have recommended them) but are known to be expensive. Your case sounds extreme though.. For me - they were one of the most expensive last time I priced out rates but only 40% or more higher versus 600% higher. Even with something like a 1...
by DaftInvestor
Wed Aug 09, 2017 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: How do you manage cash back rewards?
Replies: 26
Views: 2428

Re: How do you manage cash back rewards?

Depends on the card but in general - we just grab/use the money as we get it. Two examples: 5% Amazon cash-back just gets used for whatever the next purchase (or set of purchases) is/are. 2% citi cash-back gets sucked back into the same bank account I use to pay the bill - I simply grab the cash eve...
by DaftInvestor
Wed Aug 09, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Group Universal Life
Replies: 23
Views: 1442

Re: Group Universal Life

$900 per year ($75x12) for how much coverage exactly? I know your said 6x-salary but unless your salary is $200K or higher or you are high-risk this sounds expensive. By way of comparison - how much Term Life could $900 per year buy you? Also - as others have pointed out - read the fine-print on th...
by DaftInvestor
Wed Aug 09, 2017 1:54 pm
Forum: Investing - Theory, News & General
Topic: VBR looks so good to me right now
Replies: 6
Views: 1194

Re: VBR looks so good to me right now

you mean because VBR is down something like 0.98% versus the 0.38% that VTI is down?
Am I missing something?
I thought I was going to look and see a 20% drop or something.
by DaftInvestor
Wed Aug 09, 2017 1:50 pm
Forum: Investing - Theory, News & General
Topic: 4% Rule has changed.....not
Replies: 80
Views: 8119

Re: 4% Rule has changed.....not

They sell annuities. Of course they want to sow fear of running out of money. The video makes the point (and I think it's valid as far as it goes) that in a scenario where the stock market has a bear-market loss (20% or so) three or four years in a row at the start of retirement, a straight 4%-plus...
by DaftInvestor
Wed Aug 09, 2017 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds and Interest rates increase
Replies: 34
Views: 2508

Re: Bonds and Interest rates increase

The expected interest rate rise is ALREADY priced into bond funds. I have been reading about the "bond bubble" and moving asset allocation into short term bonds or cds. One example: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=224687 If I had done that when I first started hearing about a ...
by DaftInvestor
Wed Aug 09, 2017 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Group Universal Life
Replies: 23
Views: 1442

Re: Group Universal Life

$900 per year ($75x12) for how much coverage exactly? I know your said 6x-salary but unless your salary is $200K or higher or you are high-risk this sounds expensive. By way of comparison - how much Term Life could $900 per year buy you? Also - as others have pointed out - read the fine-print on the...
by DaftInvestor
Wed Aug 09, 2017 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds and Interest rates increase
Replies: 34
Views: 2508

Re: Bonds and Interest rates increase

The expected interest rate rise is ALREADY priced into bond funds. I have been reading about the "bond bubble" and moving asset allocation into short term bonds or cds. One example: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=224687 If I had done that when I first started hearing about a ...