Search found 4914 matches

by Jack FFR1846
Mon Jun 26, 2017 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Won an ATV in a raffle...now what?
Replies: 32
Views: 1922

Re: Won an ATV in a raffle...now what?

I'd love to have a nice AWD ATV for my property to pull logs and ride trails. HOWEVER.....I'd learn some things first. Worst case scenario: The ATV is a leftover model where the new model year has significant upgrades. Think of a recent post with a Honda ATV that had a known clutch problem in the mo...
by Jack FFR1846
Mon Jun 26, 2017 8:47 am
Forum: Personal Consumer Issues
Topic: Stupid Security Questions
Replies: 16
Views: 1004

Re: Stupid Security Questions

Keep a log with the answers written in it. Do NOT use "real" answers. Why? It's the easiest way to break into an account. A little Google work and I'll be in your email, changing your password and sending spam to all your friends. Or maybe I wait for notice of bank statements and break in ...
by Jack FFR1846
Sun Jun 25, 2017 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Aging parents
Replies: 13
Views: 1583

Re: Aging parents

Would your father hand over his finances to you entirely? What I see, if so is that you give him cash when needed and remove all checkbooks. This should eliminate most of the leeches who are taking money from him. When he doesn't have the money to pay for a cup of coffee, he might think twice about ...
by Jack FFR1846
Sun Jun 25, 2017 8:15 am
Forum: Investing - Help with Personal Investments
Topic: Keeping track of a taxable account
Replies: 15
Views: 1187

Re: Keeping track of a taxable account

Having 3 funds in a tax advantaged account allows you to rebalance with no tax for doing so. Now, for the rest of your accounts, it makes no difference how many funds you keep in each and certainly trying to keep your AA in every account makes no sense. Yes, put tax efficient funds in taxable accoun...
by Jack FFR1846
Sat Jun 24, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my 92 yo grandfather
Replies: 11
Views: 830

Re: Help me help my 92 yo grandfather

If I were asked about this, I'd say to leave it all as is, no trading, not reinvest dividends.
by Jack FFR1846
Sat Jun 24, 2017 1:10 pm
Forum: Investing - Theory, News & General
Topic: I-Bonds/Estate Matters
Replies: 6
Views: 608

Re: I-Bonds/Estate Matters

As I understand it, if the bonds are issued only in the parents names and used for educational expenses is the federal tax exemption in force. I've been cashing bonds over the last several years under that assumption, so am only cashing those with my and my wife's names on them. We have lots with my...
by Jack FFR1846
Sat Jun 24, 2017 8:57 am
Forum: Personal Consumer Issues
Topic: Stop saving and start spending
Replies: 26
Views: 3346

Re: Stop saving and start spending

What about college? Do you plan to pay the full boat....figure probably $70-$80k (each) by the time they hit college if private, half that if public. Is saving $50k with $400k income considered "not spending"? For some perspective, our family income is a third of that and our retirement sa...
by Jack FFR1846
Fri Jun 23, 2017 8:14 pm
Forum: Personal Consumer Issues
Topic: HP Laptop - Black Screen - Help
Replies: 14
Views: 795

Re: HP Laptop - Black Screen - Help

Unplug the power and remove the battery. Plg the battery and restart. This has fixed 2 of my HPs.
by Jack FFR1846
Fri Jun 23, 2017 3:53 pm
Forum: Personal Consumer Issues
Topic: Is there "better" time of year to buy older used car?
Replies: 6
Views: 994

Re: Is there "better" time of year to buy older used car?

It depends on the car. Early summer might be the best time for an AWD car. Winter for a convertible or sports car.
by Jack FFR1846
Fri Jun 23, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Got rear-ended: any reason not to go through my ins?
Replies: 25
Views: 1959

Re: Got rear-ended: any reason not to go through my ins?

I tend to start out going to the other insurance company first. Ask them if they'll pay for a rental car while yours is in the shop. Gauge how cooperative they are and go with that. If they ok a rental and let you fix the car someplace where you want it fixed, you're golden. (still, of course report...
by Jack FFR1846
Fri Jun 23, 2017 11:24 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 68
Views: 4107

Re: Bogleheads: Please help me pick a new car

Alfa Romeo Giulia AWD.

Worth looking at. I don't know reliability (but don't hold a lot of hope for this car....but likely more fun than anything mentioned here....including the GT-R.
by Jack FFR1846
Fri Jun 23, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Child's Investments' impact on Financial Aid
Replies: 5
Views: 333

Re: Child's Investments' impact on Financial Aid

All would be a custodial account until she becomes of age. If it's considered her asset, 20% is considered "available for college payment" every year and if there is aid, this amount is subtracted. There is no "allowance". Parent owned assets are considered available at 5.65% and...
by Jack FFR1846
Fri Jun 23, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Northwestern Mutual High Fees to Vanguard
Replies: 24
Views: 1246

Re: Northwestern Mutual High Fees to Vanguard

What I would do after selling off the NW mess: Vanguard for the Roth in a traditional 3 fund portfolio of total US stock, total US bond, Total international stock. Schwab or TDAmeritrade for taxable. With $25k, you can collect a $100 bonus. If Schwab, all in SCHB. If in TDAmeritrade, all in VTI afte...
by Jack FFR1846
Wed Jun 21, 2017 5:06 pm
Forum: Personal Consumer Issues
Topic: Used cars in high demand
Replies: 16
Views: 1938

Re: Used cars in high demand

All you have to do is buy their selected vehicle to get full retail kbb MSRP for your vehicle. Of course the selected vehicle is a leftover Yukon Denali with an MSRP of $93,465.
by Jack FFR1846
Wed Jun 21, 2017 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Generally speaking, when getting an auto loan, is a shorter term better than longer term?
Replies: 8
Views: 688

Re: Generally speaking, when getting an auto loan, is a shorter term better than longer term?

Look at ACTUAL used car rates. I use a credit union (DCU) and they sort of specialize in used car and car refinance at very low rates. The rate is the same for a new car for 1 year as it is for a used car for 7 years. (currently under 2%). If I were financing, I'd go through them with a 7 year loan ...
by Jack FFR1846
Wed Jun 21, 2017 8:49 am
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 4476

Re: What is your car's average cost ownership?

Let's see. We bought my father in law's 2004 Subaru Outback last April with 45k miles on it for $3500 (fmv was $5k). No sales tax because family transfer. Bought spark plugs ($36), air filter ($10), spark plug defouler ($5) exhaust coupler ($14), rear brake pads ($24) and done normal maintenance (oi...
by Jack FFR1846
Tue Jun 20, 2017 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Financial advisor question
Replies: 46
Views: 2989

Re: Financial advisor question

The clear question to ask yourself is: What exactly do you expect your financial planner to do to earn his money? If he is tax loss harvesting and moving funds (at no cost and with no load) to lower ER funds as they come up and rebalancing at a regular interval, and providing relevant tax informatio...
by Jack FFR1846
Tue Jun 20, 2017 11:45 am
Forum: Personal Consumer Issues
Topic: House selling - timeline question
Replies: 23
Views: 1694

Re: House selling - timeline question

Always remember that you may have potential buyers who can afford your home "as is" but adding another $20k to your price knocks it out of their zone. Certainly, if you can scrape, prime and paint the outside (same color) to spruce up the house, do that. $75 in paint and some hours of work...
by Jack FFR1846
Tue Jun 20, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 3497

Re: Need to find Loaded Index Funds

Personally, if my employer required this, I would ignore them, not disclose any investments outside of their firm and move on with my life.
by Jack FFR1846
Mon Jun 19, 2017 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Full comprehensive or liability only?
Replies: 30
Views: 2072

Re: Full comprehensive or liability only?

I look at risk. Windshields are expensive to replace. Comp with full glass/no deductible is a must, in my opinion. My wife is a horrible driver, so I do expect she'll hit something. I also have a 20 year old son. I keep full coverage with $1k deductible on all our cars. Comp and collision cost less ...
by Jack FFR1846
Mon Jun 19, 2017 2:48 pm
Forum: Personal Consumer Issues
Topic: Trying to save money on prescription drug
Replies: 28
Views: 1316

Re: Trying to save money on prescription drug

It would be odd to have a "covered" Rx cost more than the "not-covered" one. Are you on a high- deductible plan? If so, you're mostly out of luck, unless you do the Canada thing. If you have copays for other Rx's or Dr. visits, then you should check your Rx plan literature, to s...
by Jack FFR1846
Mon Jun 19, 2017 1:30 pm
Forum: Personal Consumer Issues
Topic: Can this air compressor be saved?
Replies: 7
Views: 732

Re: Can this air compressor be saved?

Does it operate properly if you plug it into the wall directly with no extra cords? I've used my compressor to run with remote tools but since it weighs 300 pounds and is bolted to the floor, the way to do it is to run long air hoses.
by Jack FFR1846
Mon Jun 19, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: What Is The Right Amount For An Emergency Fund?
Replies: 27
Views: 2468

Re: What Is The Right Amount For An Emergency Fund?

I combine the designation of our savings bonds as EF and a portion of bonds. I proved to myself that the savings bonds indeed work even faster than my Ally savings account. Having tuition payments due, i initiated a one day Ally transfer and then walked over to my credit union to cash a couple savin...
by Jack FFR1846
Mon Jun 19, 2017 8:26 am
Forum: Personal Consumer Issues
Topic: Which motorcyle?
Replies: 26
Views: 1211

Re: Which motorcyle?

Ural. With or without a sidecar? (I used to work just down the street from a dealer....Boxborough, MA) If you're considering a motorcycle, look into a Factory Five Cobra. While it's very different from a motorcycle, it is fast, loud and cool as anything. I built one and owned it for 11 years and an...
by Jack FFR1846
Sun Jun 18, 2017 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: What Car Should I Buy My Daughter as a Graduation Present
Replies: 139
Views: 6667

Re: Any BHs Had Experience With the Honda Fit?

We also test drove it earlier this year and had similar sentiments. It's a fun little car, surprisingly spacious, and likely very reliable, but it is loud and IMO quite a bit overpriced (at least around here). We were able to get a jetta, which we liked more (considerably more power from the new 1....
by Jack FFR1846
Sun Jun 18, 2017 3:52 pm
Forum: Personal Consumer Issues
Topic: Should I get a second vehicle?
Replies: 5
Views: 484

Re: Should I get a second vehicle?

To me, the reason to own a truck is: To snowplow, to tow something big or because it's required for work. Most stuff that needs to be hauled can be done with a trailer. Trailers are relatively cheap with cheap costs to register and own. I used to have a boat and a Yukon XL to pull it. I solved these...
by Jack FFR1846
Sat Jun 17, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 16224

Re: Siblings in disagreement over mom's house.

How about gifting your shares? You and your siblings that don't want it can gift shares to the others that want it. I don't see why you would fight over approx. 50k. Stunned by this response. 50k is material to an individual. Pretty close to the average income for a family of 4 in the US for the ye...
by Jack FFR1846
Sat Jun 17, 2017 6:10 am
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 16224

Re: Siblings in disagreement over mom's house.

Are you spending your money on property taxes and maintenance? If so, stop. I get the impression that the siblings who can't afford to buy the house probably can't foot 100% of the tax bill either. If you and the other two "sell" siblings stop fronting money, they'll quickly realize that n...
by Jack FFR1846
Sat Jun 17, 2017 5:56 am
Forum: Personal Consumer Issues
Topic: Selling Car - Private Sale vs CarMax vs Dealer
Replies: 66
Views: 11119

Re: Selling Car - Private Sale vs CarMax vs Dealer

I've sold to private and won't do it anymore. Got tired of having to deal with too many scumbags. I weed out the scumbags based on their email or text communications. I only engage with people who compose courteous, thoughtful emails with complete sentences and proper spelling. Works very well. It'...
by Jack FFR1846
Thu Jun 15, 2017 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Do You Take Your Credit Card Receipts?
Replies: 79
Views: 4851

Re: Do You Take Your Credit Card Receipts?

I take them, and keep them for a couple days. My theory is that errors in tip entry are less likely to occur when you take the receipt. This. I have had tips added in the past. Got an $8 lunch at a deli and when the credit card statement came in, a $16 tip was added. Capital One will actually flag ...
by Jack FFR1846
Thu Jun 15, 2017 12:58 pm
Forum: Personal Consumer Issues
Topic: Turbochargers
Replies: 60
Views: 3654

Re: Turbochargers

As a very general rule, 2 cars of the same manufacturer....one with a smaller turbo charged engine will tend to be less reliable over time than a similar car with a larger, normally aspirated engine. In my case, back in 1998, I chose to buy an Audi 2.8 V6 rather than the 1.8 I4 turbo. Emissions and ...
by Jack FFR1846
Thu Jun 15, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage amount vs savings vs interest deduction
Replies: 26
Views: 1504

Re: Mortgage amount vs savings vs interest deduction

You can only deduct interest on up to a $1M mortgage, so if you're calculating your tax savings on a mortgage of more than that, you need to recalculate. (posted at same time as post above)


Remember that house costs are more than just the mortgage.
by Jack FFR1846
Thu Jun 15, 2017 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Child reaching majority Custodian Acct- fund advice TRowePrice
Replies: 11
Views: 687

Re: Child reaching majority Custodian Acct- fund advice TRowePrice

If your son opens a Roth at Schwab or TDAmeritrade, he'll get a far better web interface, much easier account opening and cash bonus for opening up the account. If he times it nearer the end of the year, he'll be able to put in 2 years worth of Roth money (2017, 2017). If he at the same time opens a...
by Jack FFR1846
Thu Jun 15, 2017 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account holdings?
Replies: 13
Views: 791

Re: Taxable account holdings?

Looking at both my Schwab and TDAmeritrade taxable accounts, I see regular dividends paid for SCHB, SCHX and VTI (all ETFs I hold).
by Jack FFR1846
Thu Jun 15, 2017 8:45 am
Forum: Investing - Theory, News & General
Topic: Poll: 401K Match
Replies: 99
Views: 16220

Re: Poll: 401K Match

This fits squarely in the "other" category at my work. We are given a 50% match of the first 4% we contribute, but this must be voted on by the board of the company quarterly (and can be reduced or increased based on business). It is vested over 5 years, starting a year from the point of t...
by Jack FFR1846
Thu Jun 15, 2017 8:22 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity IRA charging 5$/mo as fees
Replies: 10
Views: 998

Re: Fidelity IRA charging 5$/mo as fees

Call them anytime and ask. The front line 24/7 phone people are very good. I have maybe 6 accounts with Fidelity between my wife and me and we pay no fees on any of them (including 2 tIRAs and 2 Roths).
by Jack FFR1846
Thu Jun 15, 2017 7:15 am
Forum: Investing - Theory, News & General
Topic: Rebalancing
Replies: 4
Views: 352

Re: Rebalancing

I rebalance on my birthday.
by Jack FFR1846
Thu Jun 15, 2017 7:14 am
Forum: Investing - Help with Personal Investments
Topic: Transferring out of MS - are there fees?
Replies: 1
Views: 191

Re: Transferring out of MS - are there fees?

Their pages and pages and pages of fees seem pretty clear that they charge $95 to close the account and if you leave anything there after closure, they continue to charge you other fees.

https://www.morganstanley.com/wealth-re ... es.pdf?v=1
by Jack FFR1846
Wed Jun 14, 2017 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones Guided Solutions Fees
Replies: 46
Views: 6003

Re: Edward Jones Guided Solutions Fees

jaxsonritz, You may think you have achieved a low cost portfolio. I'll take your numbers and my own costs to compare your (what I consider expensive) costs vs my own costs. Your $450k portfolio costs you $4770 in fees at the 1.06% you quote. My $2.1M portfolio costs me under $900 (including all fees...
by Jack FFR1846
Wed Jun 14, 2017 11:32 am
Forum: Personal Consumer Issues
Topic: Are there any advantages of re-plastering a garage?
Replies: 6
Views: 611

Re: Are there any advantages of re-plastering a garage?

SimonJester wrote:You may want to have it tested for asbestos before you start scraping it off...


Built in 1986? I doubt it.

I would tend to scrape and paint.
by Jack FFR1846
Wed Jun 14, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Please throw darts at my estate plan (probate avoidance)
Replies: 11
Views: 1127

Re: Please throw darts at my estate plan (probate avoidance)

Just a comment on the collectibles: Are these things that your heirs have specifically expressed that they would much rather keep than have you sell off and convert to cash? When my dad passed, he was meticulous about putting stickers on each collectible item with a value. It caused me more work and...
by Jack FFR1846
Wed Jun 14, 2017 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Help My Mother "Survive"?
Replies: 67
Views: 4556

Re: Help My Mother "Survive"?

Warning: I'm not sugar coating this: When (not if) repo man shows up and takes the car away, she's going to have to figure out the bus. My wife's aunt has never had a car, is 80 and takes the bus all over for everything. She's 20 years younger. Heck....I'm only a few years younger and have thought o...
by Jack FFR1846
Wed Jun 14, 2017 8:05 am
Forum: Personal Finance (Not Investing)
Topic: How much compensation to ask for, re loosing benefits?
Replies: 2
Views: 370

Re: How much compensation to ask for, re loosing benefits?

Welcome to corporate America. Our company bought another. Each employee at the bought company was interviewed as if they were looking for a new job with us. Those hired were offered comparable wages to those at our company. These were all 25% less than the old company. Benefits and bonus plans were ...
by Jack FFR1846
Tue Jun 13, 2017 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: Fisher says Mutual Funds are Risky
Replies: 32
Views: 2278

Re: Fisher says Mutual Funds are Risky

How on earth are they hounding you? Have you told them to take you off their call list then blocked their number? If not, why not?
by Jack FFR1846
Tue Jun 13, 2017 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Create another tier in EF? Recommendations?
Replies: 12
Views: 635

Re: Create another tier in EF? Recommendations?

Others have already disagreed with me......but I would pay off the mortgage tomorrow.
by Jack FFR1846
Tue Jun 13, 2017 6:26 am
Forum: Personal Finance (Not Investing)
Topic: Was it unprofessional for the HR manager to ask for my salary history in front of a peer at a job interview?
Replies: 67
Views: 5639

Re: Was it unprofessional for the HR manager to ask for my salary history in front of a peer at a job interview?

This description sounds very similar to my last job. After my review, I was handed a non-disclosure form that I had to sign saying I would not disclose my salary or raise to anyone. This company also required we be bound by a non-compete with no consideration given us beyond having a job. This was a...
by Jack FFR1846
Sun Jun 11, 2017 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Applying the three funds over several accounts
Replies: 6
Views: 526

Re: Applying the three funds over several accounts

I also use an excel spreadsheet off line to track. I started with something very simple to track asset allocation. Later, I added in costs so I could keep that accounted for. I don't trust programs that need passwords to get information. I find it easy enough to look every few months and just type i...
by Jack FFR1846
Sat Jun 10, 2017 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone still buying I-Bonds these days?
Replies: 16
Views: 2052

Re: Anyone still buying I-Bonds these days?

I'm a big iBond fan (I have $361k worth) but of other low risk investment places as well. In addition, besides an Ally 5 year CD (presently 2.25%) and a Redneck Bank Megamoney account (1.25%) and an Ally savings account (1%).
by Jack FFR1846
Sat Jun 10, 2017 12:26 pm
Forum: Investing - Theory, News & General
Topic: Tell me a stock you like better than Google/Alphabet Right Now and Why
Replies: 101
Views: 7278

Re: Tell me a stock you like better than Google/Alphabet Right Now and Why

Ford Ford has been beaten down but has its act together, makes stuff it knows how to make with a worldwide client base and is a stable company. It isn't high flying nor does it think it can do everything and anything. Great focus. Alphabet They seem to have decided that they want to do every shiny t...
by Jack FFR1846
Sat Jun 10, 2017 12:01 pm
Forum: Personal Consumer Issues
Topic: Overpaid Big Time On Warranty
Replies: 55
Views: 2753

Re: Overpaid Big Time On Warranty

Is this an actual Toyota product? If not, expect it to work the way most extended warranties work. The company will be gone in under 5 years.

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