Search found 5213 matches

by Jack FFR1846
Tue Aug 22, 2017 7:55 am
Forum: Investing - Help with Personal Investments
Topic: My girlfriend and her 401K, need to give her advice
Replies: 59
Views: 4343

Re: My girlfriend and her 401K, need to give her advice

Was the GF married for at least 10 years? If so, she can claim half of ex H's payments at PIA, or earlier at reduced rate. She's putting in 3% with a match which is not even close to enough. She has nearly nothing saved. Her potential retirement portfolio won't be liquid until both of her parents di...
by Jack FFR1846
Mon Aug 21, 2017 11:49 am
Forum: Investing - Help with Personal Investments
Topic: ETF index fund, anytime a good time?
Replies: 13
Views: 1117

Re: ETF index fund, anytime a good time?

Markets hit new highs every 18 days on average.
by Jack FFR1846
Mon Aug 21, 2017 9:42 am
Forum: Personal Consumer Issues
Topic: 2018 Merc S560, 2018 Lexus LS500 Discounts?
Replies: 33
Views: 2616

Re: 2018 Merc S560, 2018 Lexus LS500 Discounts?

Different vehicle but I ordered a new Wrangler and it was significantly cheaper than anything I found on the lot. Since you are ordering, no dealer has an advantage so play dealers against each other.

If you could live with used, Merc values drop like a rock. 3 Year old cars are 50% of new.
by Jack FFR1846
Mon Aug 21, 2017 9:07 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Paperwork
Replies: 8
Views: 631

Re: Vanguard Paperwork

Yes, they will. I went through this and received two separate mailings as they forgot some of it the first time. If you don't have the spare time, do yourself a favor and open an account with TDAmeritrade. You can do it all online and then buy Vanguard ETFs. Total stock is VTI and you can buy as few...
by Jack FFR1846
Sun Aug 20, 2017 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Good time to invest in gold?
Replies: 18
Views: 1499

Re: Good time to invest in gold?

Turns out you can't just cash out your gold around here -- everything within a 30 mile radius only offered ridiculous prices so I had to take a day off of work to sleuth out someone in suburban Virginia. I've been told you can send it in the mail but I can't imagine not being stressed out about tha...
by Jack FFR1846
Sun Aug 20, 2017 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Where to park emergency fund to beat inflation?
Replies: 25
Views: 2839

Re: Where to park emergency fund to beat inflation?

Leave it all in the savings account. I just went looking around at CD rates and they aren't enough better than 1.2% to even bother with. Once you graduate, you can start off with this money putting some in a Roth. You have a couple year's worth and that'll allow you to put more in a 401k without iss...
by Jack FFR1846
Sun Aug 20, 2017 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Good time to invest in gold?
Replies: 18
Views: 1499

Re: Good time to invest in gold?

If I bought $160,000 in gold 5 years ago, it would be worth $120,000 today. Doesn't seem too good to me
by Jack FFR1846
Sun Aug 20, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: New to 401k. How is this Match?
Replies: 14
Views: 1366

Re: New to 401k. How is this Match?

I think the match is great. Mine is this big convoluted formula and the board has to vote on it quarterly. Last quarter we hit 250% of metric targets. The board voted to give us 80% of the one half of up to 4%.
by Jack FFR1846
Sun Aug 20, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Investments that Colleges Don't Count Against You.
Replies: 18
Views: 2728

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

Private colleges may not leave loopholes and can count retirement account balances, home equity and car value.
by Jack FFR1846
Sat Aug 19, 2017 8:45 am
Forum: Personal Consumer Issues
Topic: Best place to sell my used iPhone?
Replies: 13
Views: 1052

Re: Best place to sell my used iPhone?

I sell nothing on eBay anymore. It's far too easy for scammers to take your phone for free. All they need to do is take a picture of their broken screen phone and send it to eBay saying it arrived "not as described". Either eBay or paypal will refund your money and you are stuck. Plenty of members w...
by Jack FFR1846
Fri Aug 18, 2017 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 143
Views: 11534

Re: Jobs that pay over $100,000

What's he good at? Math and science? He has some chance in engineering. If he hates, hates, hates math, he won't go into engineering or computer science. I'm an engineer and do math for fun to relax. Is he extroverted, like meeting new people and travelling and also math and science? Semiconductor s...
by Jack FFR1846
Fri Aug 18, 2017 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Letter asking for estate information
Replies: 11
Views: 842

Re: Letter asking for estate information

Neither

Throw the phishing letter in the trash. It was generated from the published obituary. Forget about it.
by Jack FFR1846
Fri Aug 18, 2017 7:07 am
Forum: Personal Consumer Issues
Topic: Powerball - $510 million?
Replies: 64
Views: 4237

Re: Powerball - $510 million?

I don't contribute to voluntary taxes. The chance to win is approximately the same as walking down the street in front of MIT and being struck by lightning and then being bitten by a shark who has your exact first and last name. The best way to double my money is to fold it in half and put it back i...
by Jack FFR1846
Fri Aug 18, 2017 6:32 am
Forum: Investing - Help with Personal Investments
Topic: Invest in U.S. ETFs Now?
Replies: 22
Views: 1604

Re: Invest in U.S. ETFs Now?

Isn't this wise, not to buy when stocks are at all time highs and expensive?! Why not wait until stocks are cheaper, when there is a drop? Why not, this is smart it seems. Always telling somebody to buy whenever seems a disfavor, it sure is better to buy when things are cheap, and sell when they ar...
by Jack FFR1846
Thu Aug 17, 2017 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - 3 fund and 4 fund portfolio
Replies: 3
Views: 332

Re: Asset Allocation - 3 fund and 4 fund portfolio

I like your 3 fund the best. Not a big fan of int bonds myself and don't hold any.

Pretty aggressive with the AA but you know that and if you're good with it, that's what matters.
by Jack FFR1846
Thu Aug 17, 2017 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 14891

Re: Lost $7000 today in ONE DAY!

So my portfolio's down about $14k but I'm at 50/50 and you're at 80/20 so I'll guess you have what? $700,000 invested?
by Jack FFR1846
Thu Aug 17, 2017 4:58 pm
Forum: Personal Consumer Issues
Topic: Little P**S Ants
Replies: 57
Views: 7350

Re: Little P**S Ants

I once followed ants who had a conga line going from a stone wall, up the sidewalk and into the corner of our porch. I took some gasoline and went down their line to the stone wall, then lit it up. They didn't return.

(I did leave 10 feet from the house)
by Jack FFR1846
Thu Aug 17, 2017 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Need a high risk option for $250
Replies: 22
Views: 2781

Re: Need a high risk option for $250

Open an account at TDAmeritrade (there's no minimum). But 2 shares of VTI. I'm not very adventurous. But wait....now refer your wife. Have her open a Roth and put in the max for the year. You now get a $200 bonus. Buy another share of VTI. Do you have any kids of age? If yes, repeat the above. Look ...
by Jack FFR1846
Thu Aug 17, 2017 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Life insurance policy on toddler
Replies: 19
Views: 1979

Re: Life insurance policy on toddler

Insurance peddlers are very crafty in what they say and what they don't say. If they said "First you'll pay 8% which goes directly to me, then you're paying about 2% annually and your returns based on the S&P don't include dividends, so figure you'll lag that index by 1.8% and when it's time for col...
by Jack FFR1846
Thu Aug 17, 2017 6:28 am
Forum: Personal Consumer Issues
Topic: Credit score dropped 100 points overnight
Replies: 31
Views: 2736

Re: Credit score dropped 100 points overnight

I can see my credit score through credit karma, discover card, capital one, my credit union and several other credit cards I can't remember offhand. My score is different by 100 points between them pretty often. I churn credit cards, have no revolving credit but pay everything on time and have no la...
by Jack FFR1846
Wed Aug 16, 2017 4:49 pm
Forum: Personal Consumer Issues
Topic: Paying directly for damage caused to someone else's car
Replies: 17
Views: 1275

Re: Paying directly for damage caused to someone else's car

You do understand that there is no deductible on your end for a liability claim to fix the other person's car, right? I can see if you're looking to avoid insurance rate increases or surcharges but there's no deductible involved.
by Jack FFR1846
Wed Aug 16, 2017 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover Fees with bad 401K
Replies: 20
Views: 921

Re: Rollover Fees with bad 401K

Chances are, if your 401k allows in-service transfers, you'd have to be 59 1/2 to do it. Those vanguard funds listed are absolutely fine. What do you not like about them? You really don't need a 3 fund until you have "real" money. Jack's magical unicorn formula says anything below $100k, who cares. ...
by Jack FFR1846
Wed Aug 16, 2017 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Fund in Taxable... ok for me?
Replies: 27
Views: 1670

Re: Bond Fund in Taxable... ok for me?

I cannot think of any reason to put bonds in taxable unless you're considering tax exempt bonds. What is the issue with rebalancing within your IRA and Roth? What are your balances in each? If your IRA is a very large percentage of your overall portfolio (which mine happens to be), then you should b...
by Jack FFR1846
Wed Aug 16, 2017 10:23 am
Forum: Investing - Help with Personal Investments
Topic: what % of international stock
Replies: 31
Views: 1555

Re: what % of international stock

I let it "float". Currently it's 25% of equities. What does "float" mean? It means that I no longer include international in my rebalancing. Int has sucked for 3 years and from the end of last year till now, it's skyrocketed. I just look and think "ok" and update my spreadsheet and move on. Maybe ma...
by Jack FFR1846
Wed Aug 16, 2017 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Question about Participant Fee Disclosure
Replies: 2
Views: 137

Re: Question about Participant Fee Disclosure

Is that $900 in fees to cover a $2000 balance or $900 in fees to cover a $2,000,000 balance. The first is horrible. The second sounds exactly like what I pay.
by Jack FFR1846
Wed Aug 16, 2017 9:14 am
Forum: Investing - Theory, News & General
Topic: Going passive is an active decision
Replies: 32
Views: 2379

Re: Going passive is an active decision

My active decision to go passive: Cost = $0 Any decision to pay someone to actively manage: Cost = $Way Too Much The article is trying to convince us that active anything is all the same. My active 16 year old is the same as the active electronic components in my circuit is the same as my active man...
by Jack FFR1846
Wed Aug 16, 2017 8:10 am
Forum: Investing - Help with Personal Investments
Topic: bitcoin makes you rich
Replies: 22
Views: 2509

Re: bitcoin makes you rich

It's the same as Enron. It's always going to go up, up, up. What could possibly go wrong?
by Jack FFR1846
Tue Aug 15, 2017 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Tax on I-Bonds Transfer
Replies: 14
Views: 800

Re: Tax on I-Bonds Transfer

Perhaps do the rollover into a 529. https://www.fastweb.com/financial-aid/articles/how-do-i-roll-over-us-savings-bonds-into-a-529-college-savings-plan I don't know the rules, but don't see why this couldn't be done. At some future point, change the beneficiary to the grandchildren and then they use ...
by Jack FFR1846
Tue Aug 15, 2017 9:24 am
Forum: Personal Consumer Issues
Topic: Experience with Modular/Manufactured Homes
Replies: 14
Views: 1480

Re: Experience with Modular/Manufactured Homes

One neighbor and a friend have had modular houses put up. The neighbor had a traditional colonial with a 2 car garage under. This arrived in 4 pieces, was put up in 2 days then exterior siding was added. From foundation complete to house complete was under a week. Nice house that looks like many aro...
by Jack FFR1846
Tue Aug 15, 2017 9:16 am
Forum: Investing - Theory, News & General
Topic: REITs a disappointment, yet still useful
Replies: 19
Views: 2531

Re: REITs a disappointment, yet still useful

Shrug. If it's in TSM, then I'll live with them. If I were to pick and choose, I'd hold zero reits, zero gold, zero Tesla. But I'll let those who decide what's in TSM decide and go along with that.
by Jack FFR1846
Tue Aug 15, 2017 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Question about market timing the current market
Replies: 27
Views: 1380

Re: Question about market timing the current market

Maybe I'm wrong, but I think your brother is talking about simple rebalancing. He can do that with 50/50 and you can do it with 85/15. Pretty simple. If you update a spreadsheet with all of your investments and see that you're going more than 5% outside of your desired allocation, you simply sell-to...
by Jack FFR1846
Tue Aug 15, 2017 8:43 am
Forum: Investing - Help with Personal Investments
Topic: ETFs for Roth account?
Replies: 6
Views: 469

Re: ETFs for Roth account?

You can buy Vanguard ETFs outside of Vanguard. I do this with a taxable account at TDAmeritrade. All in VTI. After I opened that account, I referred my wife, she opened a Roth and I got a $200 bonus, which allowed me to combine with the spare money after my ETF purchases to get 2 more shares of VTI.
by Jack FFR1846
Tue Aug 15, 2017 8:40 am
Forum: Personal Consumer Issues
Topic: Best Housing To Avoid Noise
Replies: 57
Views: 4525

Re: Best Housing To Avoid Noise

10 acres in the country is pretty quiet. That said I can actually still hear my neighbors chickens (and mine I can tell the difference) and their kids out playing basketball but its fun sounds. Well, we're sort of in this situation with over 13 acres that I forest manage with the house in the middl...
by Jack FFR1846
Tue Aug 15, 2017 8:13 am
Forum: Personal Consumer Issues
Topic: What kind of hotel do you get on business travel?
Replies: 45
Views: 3168

Re: What kind of hotel do you get on business travel?

When I was travelling a couple weeks a month, I always stayed at Courtyard. I'd wake up in the morning to somewhat familiar surroundings and have at least a good level of accommodations. I do like their frequent stayer's program and have saved up for when we'd travel for fun, using the points in Res...
by Jack FFR1846
Tue Aug 15, 2017 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Plan for making child pay for part of college
Replies: 111
Views: 5274

Re: Plan for making child pay for part of college

#1 son is in college. Big dollar northeastern private engineering college. He takes Stafford loans for skin in the game. I pay 100% of what is needed at any school. The major must be one where there is a clear path to a career at the Bachelor's level. Understanding that if he screws up, with a 1 sem...
by Jack FFR1846
Mon Aug 14, 2017 4:39 pm
Forum: Personal Consumer Issues
Topic: Retired Boglehead obsession with money- devil's advocate
Replies: 66
Views: 6890

Re: Retired Boglehead obsession with money- devil's advocate

If I get put in a home, I'd rather be in one where I can private pay $14k a month and get real food, tv, a nice environment and enough health care staff to notice whether or not I'm still alive vs being in one where for entertainment, I get to lean against a cement block wall and where a nurse comes...
by Jack FFR1846
Mon Aug 14, 2017 1:58 pm
Forum: Personal Consumer Issues
Topic: Car accident - dealership body shop or independent?
Replies: 17
Views: 829

Re: Car accident - dealership body shop or independent?

When I was heavy into cars - I'd ask around and find out the best autobody shops. I learned the hardway by not doing that when my beautiful Black GTI had the front end smashed - and I used the Insurance body shop - and they used Lacquer based black paint on the front of the car (they replaced hood ...
by Jack FFR1846
Mon Aug 14, 2017 1:45 pm
Forum: Personal Consumer Issues
Topic: How useful is a home security system?
Replies: 76
Views: 5419

Re: How useful is a home security system?

I trust my son completely and he does not use any drug. Furthermore, he knew where the safe is and he knew the code to open it. I understand that feeling. Until said son proves otherwise, you can think that's the case. Yah, I speak from experience. I was talking with a coin wholesaler a few years a...
by Jack FFR1846
Mon Aug 14, 2017 7:43 am
Forum: Personal Consumer Issues
Topic: Need advice on car power window switch work
Replies: 29
Views: 1205

Re: Need advice on car power window switch work

The most common cause of the window not working anymore is a broken wire in the bundle that goes from the car to the door. Replacing the switch might do absolutely nothing. Window regulators are another common failure point in GMs. The first thing to check is if there are any fuses related to power ...
by Jack FFR1846
Mon Aug 14, 2017 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Rent Out or Sell My Condo...
Replies: 21
Views: 1926

Re: Rent Out or Sell My Condo...

Rent Out Make-ready repairs: 1,000 - 2,000 (if that - place is well maintained by me:) Monthly rent: 2,200 Property Taxes: 2000/year Insurance: 80/month If that's present insurance, expect for rental, $160 per month Property Manager: 160/month (found a good, professional one) Depreciation: (not sur...
by Jack FFR1846
Sun Aug 13, 2017 9:45 pm
Forum: Forum Issues and Administration
Topic: Please consider setting a time limit of 15 minutes to edit a post
Replies: 31
Views: 2653

Re: Please consider setting a time limit of 15 minutes to edit a post

Ah, but how many times do we see: "Please use the standard form to post your information when asking about portfolio advice. You can use the pencil icon to edit your original post". I'm a moderator on a car forum with no limits on edits. However, if funny business occurs, any moderator can go back a...
by Jack FFR1846
Sun Aug 13, 2017 4:39 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 65
Views: 6868

Re: Dave Ramsey spends two segments on his investing advice

Growth Fund of America and Investment Company of America are two funds which have outperformed the S&P 500 and ones I have heard him specifically mention on air. This was during an episode where he was "debating" aka yelling at someone who wrote an article on Market Watch I believe who said that DR...
by Jack FFR1846
Sun Aug 13, 2017 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Struggling with Justifying an Expensive Car Purchase
Replies: 120
Views: 5670

Re: Struggling with Justifying an Expensive Car Purchase

Babies and little kids throw up all over $20k cars and $100k cars. They just do. My older son (21) still remembers when he was about 3 and threw up all over himself and his car seat in the back of my Audi. I unbuckled the car seat and brought it and him into the house and into the tub to clean him o...
by Jack FFR1846
Sun Aug 13, 2017 7:28 am
Forum: Personal Consumer Issues
Topic: Should I buy a paint sprayer?
Replies: 10
Views: 878

Re: Should I buy a paint sprayer?

The last time our house was painted, I watched the painters and how they did the work with sprayers. I have a big detached garage (24x36) that I excluded from the paint work. Once they were done, I used my roll around sears compressor with the included junk sprayer. It worked 1000% better than any h...
by Jack FFR1846
Sat Aug 12, 2017 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Car insurance for grandpa? liability risk or higher rate
Replies: 11
Views: 698

Re: Car insurance for grandpa? liability risk or higher rate

Are you concerned about his age, meaning do you think a person at age 62 is not capable of driving a car safely? I know people much older than that who have driven large motor homes or towed trailers for trips that are many thousand miles. Unless there is some special issue, I wouldn't worry about ...
by Jack FFR1846
Sat Aug 12, 2017 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: buying a rental property vs investing more in stocks
Replies: 26
Views: 2796

Re: buying a rental property vs investing more in stocks

TSM never calls me at 3 in the morning because the toilet's plugged.

Just sayin'
by Jack FFR1846
Sat Aug 12, 2017 9:51 am
Forum: Personal Consumer Issues
Topic: What the best identity theft co.?
Replies: 21
Views: 1194

Re: What the best identity theft co.?

I have read threads here where someone's identity was stolen and they had been paying Life Lock. They called and Life Lock's "help" was to tell them to contact all 3 credit reporting agencies and freeze their credit. Seems like simply freezing your credit would save you the money.
by Jack FFR1846
Sat Aug 12, 2017 6:49 am
Forum: Investing - Help with Personal Investments
Topic: Big Decisions
Replies: 6
Views: 883

Re: Big Decisions

People at successful startups almost never see the events that make value tank to zero. If it were me, I'd sell every possible share at the open of the market on Monday at 9:00am. I work for a company that's 30 years old and with RSUs and ESPP, I do exactly this. The shares are in my account for onl...
by Jack FFR1846
Sat Aug 12, 2017 6:43 am
Forum: Personal Finance (Not Investing)
Topic: Can a salaried employee be docked pay...
Replies: 33
Views: 3270

Re: Can a salaried employee be docked pay...

At my last job, the private, medium sized company decided at the beginning of December that it would shut down the entire company over the Christmas to New Year period since business was down and the factory was planned to shut down. Employees without PTO earned were not allowed to go negative in PT...
by Jack FFR1846
Sat Aug 12, 2017 6:37 am
Forum: Personal Finance (Not Investing)
Topic: S&P Indexed Life Insurance
Replies: 10
Views: 681

Re: S&P Indexed Life Insurance

Have you asked for and received in force illustrations for both policies? It's not uncommon to see a surrender value that is far lower than the pie in the sky predictions that these policies are sold on.