Search found 6269 matches

by Jack FFR1846
Mon Feb 19, 2018 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: How to handle cashback bonuses?
Replies: 8
Views: 1000

Re: How to handle cashback bonuses?

Churn more

No, really, that's the answer. Churn more and you won't have to decide.
by Jack FFR1846
Mon Feb 19, 2018 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Paying off $372000 mortgage in 12 months
Replies: 18
Views: 2895

Re: Paying off $372000 mortgage in 12 months

Also said his income was $325K. Not sure how he can make monthly payments of $30,000 on that income. Gill I would assume some bonus, windfall, lawsuit win, inheritance, sale of a few pounds of gold figure into this. I can say that when I sold stock options one year and made a boatload of money, tha...
by Jack FFR1846
Sun Feb 18, 2018 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: To buy or not to buy in Boston for Investment
Replies: 18
Views: 1336

Re: To buy or not to buy in Boston for Investment

There are some really disinformation posts in this thread. Firstly, in general, a tenant will win most any dispute in Massachusetts in general and especially in Boston or Cambridge. If you have to take legal action to remove a tenant, expect a year before they're gone if they want to fight you. As f...
by Jack FFR1846
Sat Feb 17, 2018 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Timber
Replies: 35
Views: 2424

Re: Selling Timber

You can also pay a private forester to come and assess what could be taken and give you a ball park. If you have an idea of what you want the property to look like when they're done, he can help with better companies to work with. I forest manage my property mainly for firewood extraction that I do ...
by Jack FFR1846
Sat Feb 17, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: Older iPhone slowdowns - tips or considering switching?
Replies: 18
Views: 1123

Re: Older iPhone slowdowns - tips or considering switching?

Revert to ios 7.1. This predated the infamous apple "let's slow down phones when we want them to be replaced" option.

My 4s running 7.1 is lightning fast and the battery lasts fine and has never been replaced.
by Jack FFR1846
Fri Feb 16, 2018 3:36 pm
Forum: Personal Consumer Issues
Topic: Wheel alignment new tires
Replies: 15
Views: 663

Re: Wheel alignment new tires

$299 for alignment? Do you get an i8 loaner or something?

I wouldn't bother unless you've had some issue. Hit something that made the steering or handling change, uneven tire wear. I don't do alignments with new tires.
by Jack FFR1846
Fri Feb 16, 2018 2:22 pm
Forum: Investing - Theory, News & General
Topic: I bonds instead of Total bond in a 3-fund portfolio?
Replies: 9
Views: 1228

Re: I bonds instead of Total bond in a 3-fund portfolio?

I have both. About $350k in iBonds and about 2 commas in total bond. The iBonds second as emergency fund.
by Jack FFR1846
Fri Feb 16, 2018 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Bank Bonus and Tax reporting
Replies: 6
Views: 392

Re: Bank Bonus and Tax reporting

I received one from Citi for the $400 checking account sign up bonus.
by Jack FFR1846
Fri Feb 16, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Connecticut is charging sales tax on out of state purchases
Replies: 13
Views: 807

Re: Connecticut is charging sales tax on out of state purchases

Mass tried to do this with over the border stores in New Hampshire (no sales tax state). The New Hampshire told Mass to pound sand. Fortunately, Mass has extensive oceanfront beaches to get that sand from.
by Jack FFR1846
Thu Feb 15, 2018 6:14 pm
Forum: Investing - Theory, News & General
Topic: What is the evidence against slice and dice?
Replies: 59
Views: 4416

Re: What is the evidence against slice and dice?

Slice and dice makes the assumption that a slice will beat the total. Jack Bogle recently talked about this and small cap value, which has been very trendy over the last few years. What he talked about was that the investing community figures out that some slice outperforms, hypes it and it becomes ...
by Jack FFR1846
Thu Feb 15, 2018 4:05 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6479

Re: PSA: Bank of America now charges $12/month for checking

I removed the quoting so I can answer at least for my credit union (DCU) online systems: Excellent at DCU. I can see all accounts including joint, make transfers between accounts, get online pdf of both sides of cashed checks, order checks, check balances, etc. Good site that's easy to use and logic...
by Jack FFR1846
Thu Feb 15, 2018 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie: retirement vs. college savings vs. life insurance
Replies: 33
Views: 1236

Re: Newbie: retirement vs. college savings vs. life insurance

Ha, you must be psychic. Yes, he did in fact say that and I'm regretting discovering this forum 10 years after starting the policy! Do you think it's throwing good money after bad to continue it in any form or would you just chuck it entirely and go with term? And what I mean by covering the 50% is...
by Jack FFR1846
Thu Feb 15, 2018 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Strategy to sell a sought-after condo
Replies: 15
Views: 984

Re: Strategy to sell a sought-after condo

Put the word out that you are ready to sell but need to net $X. Make that number higher than the going rate of other condos. Sign up with no agents. You could get no offers, in which case, tell these agents to stop blowing smoke up your skirt, or you could indeed sell. We did this with a house, alth...
by Jack FFR1846
Thu Feb 15, 2018 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Rant about relocation mortgage assistance, and a question
Replies: 54
Views: 2954

Re: Rant about relocation mortgage assistance, and a question

How about renting in the new location for a year? This should remove all the hoops the mortgage provider is putting in front of you. While you think the job offer requirements are unreasonable, I've worked for a company who hired someone, they relocated, a downsize and layoff hit the company and the...
by Jack FFR1846
Thu Feb 15, 2018 10:42 am
Forum: Personal Consumer Issues
Topic: Potential employer wants me to give offer - how to respond?
Replies: 58
Views: 4960

Re: Potential employer wants me to give offer - how to respond?

Think about it and decide for yourself what it would take to move you from a job that you currently like. Any number is fine. Go into it with the mindset that you can just as well stay where you are as move. The more you really want to move, the lower the number would be. The less you want to move, ...
by Jack FFR1846
Thu Feb 15, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Newbie: retirement vs. college savings vs. life insurance
Replies: 33
Views: 1236

Re: Newbie: retirement vs. college savings vs. life insurance

What do you mean by: "I hate the idea of having to somehow cover an additional 50%."? You said your 529 will cover 50%. So sure....you'll cover the other 50%. I'm wondering if the whole life sales man sold you policies with the assumption that these will "hide" the money from FAFSA. Sure, it will. B...
by Jack FFR1846
Thu Feb 15, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6479

Re: PSA: Bank of America now charges $12/month for checking

Things my credit union does for free: Coin machine with no charge Cash paper savings bonds get free coffee get cash money deposit cash money get notarizations get medallion signatures (never done one but know they do it) overdrafts (fee refunded by simply asking) wire receive (fee refunded by simply...
by Jack FFR1846
Thu Feb 15, 2018 9:00 am
Forum: Personal Consumer Issues
Topic: Used car - warranty or no?
Replies: 24
Views: 849

Re: Used car - warranty or no?

I will list the 10 biggest aftermarket warranty companies who were in business 10 years ago and are still in business today:


/end of list.

Yes, none. They all go out of business before they have to pay a lot of money out.
by Jack FFR1846
Wed Feb 14, 2018 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: The value of car body repairs/upkeep of older cars?
Replies: 33
Views: 2728

Re: The value of car body repairs/upkeep of older cars?

What country has safety inspections on body rust and condition? Here in the USA we have some metro counties that do smog test and it's bad enough. Not the freedom that generations before fought for. The People's Republic of Massachusetts, for one. The "spray in some expanding foam, sand and paint" ...
by Jack FFR1846
Wed Feb 14, 2018 2:21 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6479

Re: PSA: Bank of America now charges $12/month for checking

rgs92 wrote:
Wed Feb 14, 2018 2:15 pm
My credit union is free.
You say that as if free is better than being charged $12 a month.




(DCU member for 32 years)
by Jack FFR1846
Wed Feb 14, 2018 2:18 pm
Forum: Personal Consumer Issues
Topic: Vanguard Golf Balls
Replies: 11
Views: 1191

Re: Vanguard Golf Balls

Have a ball investing with us.
by Jack FFR1846
Wed Feb 14, 2018 2:14 pm
Forum: Personal Consumer Issues
Topic: Advice with Car Replacement?
Replies: 21
Views: 917

Re: Advice with Car Replacement?

I propose for your consideration....... Door #3. In this episode we do a Survivor style challenge. You will take your truck to haul whatever you can think of. I will take my Ford Fusion and TRAILER and attempt to haul whatever you do. If I succeed, I will place something on my trailer and see if you...
by Jack FFR1846
Wed Feb 14, 2018 1:55 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6479

Re: PSA: Bank of America now charges $12/month for checking

There's a reason why BoA's nick name is "the Evil Empire".

(cue Darth Vader music)
by Jack FFR1846
Wed Feb 14, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: New Job Evaluation
Replies: 22
Views: 1220

Re: New Job Evaluation

Which would be more fun for you? Do that. While raises/bonuses look like that greener grass out there, private sector employers can very well stop giving bonuses and raises. I got my first raise in 1 years back in December (private tech companies over that time). Private companies say "salary freeze...
by Jack FFR1846
Wed Feb 14, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Restricted Stock Units vesting- always sell immediately?
Replies: 7
Views: 537

Re: Restricted Stock Units vesting- always sell immediately?

I'm fortunate that my company announces financials, the window opens, then RSUs vest. I have some tomorrow, actually. I'm set up to sell on vest as there is no restriction for me to hold. I do indeed sell. My plan is to wait for the settlement, transfer and then I ACH over to Schwab and buy SCHB as ...
by Jack FFR1846
Wed Feb 14, 2018 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Emergency fund question - 3 vs 6 months and should I lower my 401k contribution to get there...
Replies: 74
Views: 3047

Re: Emergency fund question - 3 vs 6 months and should I lower my 401k contribution to get there...

I'll echo that you should get out of the semi fund. Not to get into the story too much but the days of dramatically reducing size has past. Physics always wins.
by Jack FFR1846
Wed Feb 14, 2018 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Net worth progression: what am i doing wrong?
Replies: 25
Views: 3745

Re: Net worth progression: what am i doing wrong?

You have positive net worth at 26? You're probably considered part of the 1% of 26 year olds.
by Jack FFR1846
Tue Feb 13, 2018 7:16 pm
Forum: Investing - Theory, News & General
Topic: In plain English, please explain what was VIX, what happened to it and why?
Replies: 68
Views: 5766

Re: In plain English, please explain what was VIX, what happened to it and why?

VIX is simply a gambling device. Like Bitcoin, it has nothing produced from it, no dividends, no real redeeming qualities whatsoever.
by Jack FFR1846
Tue Feb 13, 2018 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Gut check: is this lifestyle creep?
Replies: 37
Views: 5417

Re: Gut check: is this lifestyle creep?

The lifestyle creep would occur if and when you buy things that are above and beyond what you do now. So saving for a Lamborghini isn't lifestyle creep. Buying the Lamborghini is lifestyle creep. It could be said that replacing your car isn't lifestyle creep if it needs to be replaced but if that be...
by Jack FFR1846
Tue Feb 13, 2018 3:04 pm
Forum: Personal Consumer Issues
Topic: Go back to school ?
Replies: 6
Views: 499

Re: Go back to school ?

There are no guarantees. The safe bet is to go nights, part time. This is especially good if your employer will pay some of the cost. The fact that you like your job puts you up on about 90% of the working population. Worst case scenario: You quit to go back full time. You get the degree and the job...
by Jack FFR1846
Tue Feb 13, 2018 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Brokerage recommendation
Replies: 11
Views: 543

Re: Brokerage recommendation

I have accounts at Vanguard, Fidelity, Schwab and TDAmeritrade. My comments. Putting money into Vanguard was relatively easy and made me feel like I was back in 1972. Nothing was done online. Snail mail everything and they "forgot" to send all the forms so that delayed things a bit. I had my Concier...
by Jack FFR1846
Tue Feb 13, 2018 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Obligation to use car insurance proceeds?
Replies: 22
Views: 1566

Re: Obligation to use car insurance proceeds?

You are under no obligation to fix the car. You can pocket the check. The reduced value of the car is your loss. This can happen whether you use your own insurance company (with collision) or the other person's. Our car was driven into last summer. 100% their fault. I spent some time pushing out the...
by Jack FFR1846
Tue Feb 13, 2018 12:53 pm
Forum: Personal Consumer Issues
Topic: Help me help my niece (College costs, financial aid, etc)
Replies: 41
Views: 2491

Re: Help me help my niece (College costs, financial aid, etc)

My sister got her art degree and found that her former jobs in food service and retail paid more than anything she could find in her field. She took a 6 month paralegal course and has worked in that field for over 30 years. She's given us nice drawings of our cats. I understand that this is probably...
by Jack FFR1846
Tue Feb 13, 2018 10:05 am
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 109
Views: 7638

Re: What big item (>20k) are you saving up for?

A DeLorean. They are currently going for low $30,000. It's one of my three financial goals in life: 1) Retire at 50; 2) Pay off mortgage at 50; 3) Own DeLorean. Set aside a bit more for the flux capacitor. You'll be able to then go back and make the best financial decisions ever, so $30k becomes a ...
by Jack FFR1846
Tue Feb 13, 2018 9:44 am
Forum: Investing - Theory, News & General
Topic: Are ETF's riskier than mutual funds in volatile markets?
Replies: 7
Views: 646

Re: Are ETF's riskier than mutual funds in volatile markets?

You're asking 2 questions. 1) Does your behavior put you at risk because you can't "just stand there"? 2) Do ETFs have some sort of evil risk element. #1, you'll have to answer for yourself. If the answer is no, then it's also no for #2. I own ETFs at Schwab and TDAmeritrade for cost reasons and hav...
by Jack FFR1846
Tue Feb 13, 2018 8:58 am
Forum: Personal Consumer Issues
Topic: Question for music experts about musical keys
Replies: 84
Views: 4474

Re: Question for music experts about musical keys

What Ping Pong said. The last band I played in (lead guitar player), the singer determined the key. We'd switch on the fly when the pre-chosen key by the band leader wouldn't work. Note that so many songs have the same chord progressions that when you recognize this, some amusement can result. I was...
by Jack FFR1846
Tue Feb 13, 2018 8:48 am
Forum: Personal Consumer Issues
Topic: Appliance repair: manufacturer authorized tech vs generic repairman?
Replies: 23
Views: 1057

Re: Appliance repair: manufacturer authorized tech vs generic repairman?

The solution is a small radio. Place it next to the washer and when the washer is running, turn it on. Sort of the click and clack solution to car problems. I would NEVER let a Sears clown in my house to do anything. The last encounter, the clown was attempting to install a new dishwasher and was ab...
by Jack FFR1846
Tue Feb 13, 2018 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor???
Replies: 11
Views: 685

Re: Financial Advisor???

Sounds like they are very good at hiding very high fees. If your tolerance of "surprise" charges is very high, why not.

viewtopic.php?t=74936
by Jack FFR1846
Tue Feb 13, 2018 7:21 am
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 109
Views: 7638

Re: What big item (>20k) are you saving up for?

Tuition for school for learning disabled son.
Tuition for college for other son.

Do I win?
by Jack FFR1846
Mon Feb 12, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: Potentiometer for motor speed control- any electrical engineers around?
Replies: 40
Views: 2359

Re: Potentiometer for motor speed control- any electrical engineers around?

Do the rules limit motor speed? I ask that because a circuit to do that would be much different than just a potentiometer. For example, when starting or accelerating, you want full current from the battery to provide maximum torque. Assuming that max speed is the limit, then coming up with a speed l...
by Jack FFR1846
Mon Feb 12, 2018 9:46 am
Forum: Investing - Theory, News & General
Topic: What are the structure problems with whole life insurance?
Replies: 15
Views: 1280

Re: What are the structure problems with whole life insurance?

Combining investment with insurance is like buying a tire inflator with an attached bar-b-que spatula. Whole life has fees for everything. When the insurance company invests in low risk assets, you get the low return minus the fees. The commissions are paid by you. The pitch by the insurance agent m...
by Jack FFR1846
Mon Feb 12, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Lower Payroll Withholding - What are you doing with it?
Replies: 32
Views: 2272

Re: Lower Payroll Withholding - What are you doing with it?

My end of 2017 had already gone beyond the max social security tax taken, so was zero. My 2018 pay check restarted social security tax so my check is smaller. So no extra investment for me.
by Jack FFR1846
Mon Feb 12, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: The value of car body repairs/upkeep of older cars?
Replies: 33
Views: 2728

Re: The value of car body repairs/upkeep of older cars?

The car has cancer and you don't have insurance. Spray some expandable foam in the hole, grind the foam flush, spray with duplicolor color matched to your car.
by Jack FFR1846
Sun Feb 11, 2018 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Deciding to Buy Rental Property - Need Advice
Replies: 16
Views: 1838

Re: Deciding to Buy Rental Property - Need Advice

Worst case: You become a new landlord and are stretched on finances. Kid #1 comes and you both decide that now she's going to stay home instead of working. Even at that, your free time is going to go to near zero. Your effectiveness as a landlord suffers and you're in danger of losing money in the r...
by Jack FFR1846
Sun Feb 11, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Family expecting “comps”
Replies: 38
Views: 4703

Re: Family expecting “comps”

You don't say what their business is, but if they sold cars, would you expect them to just give you a car? Or a power equipment store, would they give you a free snowblower? Of course not. But if they come in 20 times during the year, at $45 a visit (including the extras), they're taking $900 out of...
by Jack FFR1846
Sun Feb 11, 2018 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: what to look for when buying a flipped house
Replies: 27
Views: 1828

Re: what to look for when buying a flipped house

I never bought a flipped house but have watched TV shows where the hosts buy a house and then flip it. I do remember one house that was bought from another flipper who supposedly ran out of money. During basement changes to open it up, they found that sheet rock was massively covered with mold. The ...
by Jack FFR1846
Sun Feb 11, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: Do you think it is worth the money to travel to warm weather destinations during the winter?
Replies: 77
Views: 6345

Re: Do you think it is worth the money to travel to warm weather destinations during the winter?

This depends on your circumstances (aka kids or lack of kids). When my wife and I were first married, we went to an island every year. Hawaii, St Martin, St Thomas, Aruba. Then came kids and while more seats so more expensive for the airfare, we still went to Aruba where my parents owned lots of wee...
by Jack FFR1846
Sun Feb 11, 2018 8:54 am
Forum: Personal Consumer Issues
Topic: Potentiometer for motor speed control- any electrical engineers around?
Replies: 40
Views: 2359

Re: Potentiometer for motor speed control- any electrical engineers around?

You don't want to just waste the battery capacity in a linear solution (potentiometer directly hooked to motor or through a transisitor or FET). You want something that won't be dissipative. One way that you said won't work is PWM. For this, the voltage from the battery pack is turned on/off at high...
by Jack FFR1846
Sun Feb 11, 2018 7:53 am
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 6391

Re: Does it ever make sense to buy a new car?

Dude.... You make $200k and you're freaked out about buying a Camry? You say you drove your car hard. What does that mean? I've run plenty of my cars on racetracks around the northeast back when I was a showroom stock guy and those cars were all fine when I sold them. If you didn't do oil changes, t...
by Jack FFR1846
Sun Feb 11, 2018 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Auto loan teaser rates lower than mortgage rates - arbitrage opportunity?
Replies: 13
Views: 909

Re: Auto loan teaser rates lower than mortgage rates - arbitrage opportunity?

If you live in a state with a DCU (Digital Federal Credit Union), and watch TV or listen to the radio, you'd have at least heard about their "second chance car loan". The rate is the same as for a new car. Right now it's 2.49%. Indeed, you can pull equity out of your car with one of these loans.