Search found 1028 matches

by William4u
Sun Jul 24, 2016 6:36 pm
Forum: Personal Consumer Issues
Topic: Yet another new/used car post. Help me replace a car
Replies: 34
Views: 2318

Re: Yet another new/used car post. Help me replace a car

I like the Toyota Avalon too (I have one). Comfy and reliable. I love mine--I have the XLE. Perfect for a long commute--silent and comfortable. I spend up to half an hour each day just waiting on the Mass Ave bridge from Cambridge to Boston. I just sink into my black leather seat in my silent cockp...
by William4u
Sun Jul 24, 2016 6:35 pm
Forum: Personal Consumer Issues
Topic: Tires for Honda Civic
Replies: 39
Views: 2186

Re: Tires for Honda Civic

The #1 all season tire from Consumer Reports for your car is the Michelin Defender. We use these on our cars and they are a great all around tire. They are estimated to last 90,000 miles by Consumer Reports. They are a little more up front by are cheaper in the long run. We ran continentals before ...
by William4u
Sun Jul 24, 2016 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement, House, Kids - How to afford all three?
Replies: 59
Views: 3886

Re: Retirement, House, Kids - How to afford all three?

^College kids don't have cars, so they don't need gas money. They get around busses and an old used bicycle. Tell that to the majority of college kids in my state. They consider a car a "must have." Either their parents pay for it or they get a job just to pay for their own car (even thou...
by William4u
Sat Jul 23, 2016 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement, House, Kids - How to afford all three?
Replies: 59
Views: 3886

Re: Retirement, House, Kids - How to afford all three?

Third time today mentioning it but go read Mr. Money Mustache. Seriously. Helped me cut my spending. Also we have a kid under 1 and so far we are spending much less than before having him. Daycare at a small family owned local place is $250/week. Yes. he could trim that budget quite a bit. LBYM is ...
by William4u
Sat Jul 23, 2016 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Is This a Good Investing Plan?
Replies: 19
Views: 1223

Re: Is This a Good Investing Plan?

Another smart Minnesotan! Most of the "battle" is to use low-cost index funds, and you've done that. You seem to have a decent international/domestic ratio, and a decent stock/bond allocation. It looks great to me. If you live in the Twin Cities area, there are some regular (and free) bogl...
by William4u
Sat Jul 23, 2016 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: How many folks choose to give inheritance to their children in unequal portions?
Replies: 151
Views: 9578

Re: How many folks choose to give inheritance to their children in unequal portions

We are middle children ,both of us. Since we are overseas our parents did not give us equal amount of money. My sister and brother inherited more because they were caregivers for our parents at different times so I did not resent it. My Father-in-law wanted to give his 3 sons equal amount of money ...
by William4u
Thu Jul 21, 2016 2:20 pm
Forum: Personal Consumer Issues
Topic: Tires for Honda Civic
Replies: 39
Views: 2186

Re: Tires for Honda Civic

The #1 all season tire from Consumer Reports for your car is the Michelin Defender. We use these on our cars and they are a great all around tire. They are estimated to last 90,000 miles by Consumer Reports. They are a little more up front by are cheaper in the long run. We ran continentals before a...
by William4u
Thu Jul 21, 2016 1:51 pm
Forum: Personal Consumer Issues
Topic: What really happens to people who run out of their money in retirement
Replies: 51
Views: 6131

Re: What really happens to people who run out of their money in retirement

Finally, you end up on Medicaid in a nursing home. Your lack of funds may reduce your options for more moderate assistance and lead you to the home sooner than otherwise. I met some people who ended up here (no money and in a nursing home paid for by medicaid). It ain't pretty. They aren't as bad a...
by William4u
Tue Jul 19, 2016 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Private vs State School?
Replies: 116
Views: 6176

Re: Private vs State School?

And all of the recent grads with a BA in psychology, sociology, history, humanities, etc. can ponder their personal and intellectual growth while working a retail job for $10-$12 an hour while the State U grads with a degree in STEM, business, nursing, teaching, etc. will enjoy living on their own ...
by William4u
Tue Jul 19, 2016 7:57 am
Forum: Investing - Help with Personal Investments
Topic: How would you invest a $80K lump sum?
Replies: 10
Views: 1067

Re: How would you invest a $80K lump sum?

The evidence suggests that both are good, but lump sum is best. The earlier the better. It has more time to grow.
by William4u
Tue Jul 19, 2016 7:54 am
Forum: Personal Consumer Issues
Topic: HOA Swimming Pool Trespassing Issue
Replies: 100
Views: 6729

Re: HOA Swimming Pool Trespassing Issue

Motion detecting lights are cheap and can signal when to call police. You can set the motion to detect just before they climb the fence. If police are called quickly they will get tired of coming.
by William4u
Tue Jul 19, 2016 7:37 am
Forum: Personal Consumer Issues
Topic: Yet another new/used car post. Help me replace a car
Replies: 34
Views: 2318

Re: Yet another new/used car post. Help me replace a car

I like the Toyota Avalon too (I have one). Comfy and reliable.
by William4u
Tue Jul 19, 2016 7:10 am
Forum: Personal Consumer Issues
Topic: Yet another new/used car post. Help me replace a car
Replies: 34
Views: 2318

Re: Yet another new/used car post. Help me replace a car

I think the sweet spot is around $10k for a 2010 or later toyota (all have VSC).
by William4u
Mon Jul 18, 2016 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Scary thought. Running out of time to save for retirement
Replies: 60
Views: 6203

Re: Scary thought. Running out of time to save for retirement

The power of compound interest means what you save early is going to be a huge part of your retirement. Also, many people have high costs related to having kids that limit savings in their 30s and 40s. This can mean that what you save earlier becomes the foundation of your retirement.
by William4u
Mon Jul 18, 2016 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Rollover old 401k from Fidelity to John Hancock?
Replies: 13
Views: 575

Re: Rollover old 401k?

I would roll the old 401K accounts into (new) traditional IRA s at Vanguard (or wherever you choose). This option should be available to you, I think it is even statutory that you can move your 401K upon leaving employment. I would definitely NOT roll them into the John Hancock 401K. [edit] Call th...
by William4u
Sun Jul 17, 2016 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: OK to stay in cash if you have 40-50x annual expenses?
Replies: 61
Views: 5038

Re: OK to stay in cash if you have 40-50x annual expenses?

... In theory , yes. In practice eliminating inflation risk is impossible. TIPS could go a long way to eliminate that risk. Will you please expound on the difference between theory and practice in this instance? Thanks in advance. PJW My worry with going 100% TIPS is that it might increase risk due...
by William4u
Sun Jul 17, 2016 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: OK to stay in cash if you have 40-50x annual expenses?
Replies: 61
Views: 5038

Re: OK to stay in cash if you have 40-50x annual expenses?

Pardon my ignorance, why can't one invest the entire amount in TIPS or TIPS fund if the only objective is not to lose money to inflation. But it seems that there is an objective to be able to live on "1x income" annually, and I suspect the OP would really want to live on "1x income a...
by William4u
Sun Jul 17, 2016 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: OK to stay in cash if you have 40-50x annual expenses?
Replies: 61
Views: 5038

Re: OK to stay in cash if you have 40-50x annual expenses?

Pardon my ignorance, why can't one invest the entire amount in TIPS or TIPS fund if the only objective is not to lose money to inflation. In theory, yes. In practice eliminating inflation risk is impossible. TIPS could go a long way to eliminate that risk. My worry with going 100% TIPS is that it m...
by William4u
Sun Jul 17, 2016 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: OK to stay in cash if you have 40-50x annual expenses?
Replies: 61
Views: 5038

Re: OK to stay in cash if you have 40-50x annual expenses?

I'm all for lowering risk if you don't need to take risk to raise money for retirement. However, as others have mentioned, 100% cash is a higher risk portfolio than a 25% stock, 50% bonds, and 25% CD portfolio. If I wanted to lower my risk as much as possible and I have 50x the annual money I spend,...
by William4u
Sun Jul 17, 2016 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?
Replies: 66
Views: 6747

Re: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?

As an aside, I think you are a good candidate for a term life insurance policy, since you are the sole earner for the family and make a good salary.
by William4u
Sat Jul 16, 2016 3:40 pm
Forum: Personal Consumer Issues
Topic: Hatchback to match Camry on price/comfort/reliability?
Replies: 42
Views: 2934

Re: Hatchback to match Camry on price/comfort/reliability?

Used Toyota Venza The Venza just is a camry hatchback. That is exactly what it is. They do not make them new anymore, but they made them a year or two ago. I'd probably go with the Prius V (or a RAV 4). Consumer Reports put Lexus & Toyota #1 & #2 in their most recent reliability rankings Oc...
by William4u
Fri Jul 15, 2016 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: I created dependency, now what?
Replies: 50
Views: 5337

Re: I created dependency, now what?

This hardly, in my opinion, seems to be a case of actually, in the bad sense, creating this dependency. It sounds as though you have improved their living standards. One apparent benefit is improved education of the two children... Look at the very positive things you have done for this family! We ...
by William4u
Fri Jul 15, 2016 7:06 pm
Forum: Personal Consumer Issues
Topic: Raising a reader
Replies: 53
Views: 3158

Re: Raising a reader

Turn off the TV... Turn off the TV, and keep it off. Well, except for when the SF Giants are playing. (OK, I just doomed their season.) Yup. No TV is important, especially before the age of two. Read up on some of the research on this. "Educational TV for young kids" is baloney. Avoid TV ...
by William4u
Fri Jul 15, 2016 6:39 pm
Forum: Personal Consumer Issues
Topic: Raising a reader
Replies: 53
Views: 3158

Re: Raising a reader

It is important to read to babies ASAP and even infants. Read with them from day 1. Newer research suggests that they are learning a ton the whole time. 1 month olds too! The babies just lack the ability to tell you how much they are learning!
by William4u
Thu Jul 14, 2016 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Private vs State School?
Replies: 116
Views: 6176

Re: Private vs State School?

Check out the Payscale Salary Data on mid-career salaries for 319 Majors (from low to high)... 1. Early Childhood Education is 319th (education/teaching has very low lifetime salaries) 2. Communication is 252nd, 3. Psychology is 231st, 4. Business Management is 204th, (business is relatively low ea...
by William4u
Thu Jul 14, 2016 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Private vs State School?
Replies: 116
Views: 6176

Re: Private vs State School?

And all of the recent grads with a BA in psychology, sociology, history, humanities, etc. can ponder their personal and intellectual growth while working a retail job for $10-$12 an hour while the State U grads with a degree in STEM, business, nursing, teaching, etc. will enjoy living on their own ...
by William4u
Wed Jul 13, 2016 10:48 am
Forum: Personal Consumer Issues
Topic: How much cash to give when invited to a wedding?
Replies: 73
Views: 4962

Re: How much cash to give when invited to a wedding?

If the bride and groom to be are requesting cash as their registry is quite small, then how much cash should I give? I am thinking $100 for family and best friends, $50 for everyone else. Is this too cheap or too much? I'm 30 and have something like 6 weddings I"m invited to this year and cost...
by William4u
Wed Jul 13, 2016 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Private vs State School?
Replies: 116
Views: 6176

Re: Private vs State School?

The majors that consistently out-earn are engineering, physics, econ, and math. If you don't do one of those, you might consider the humanities. You might be surprised to find that some humanities out earn many of the other majors. Many humanities significantly out-earn accounting or business manag...
by William4u
Wed Jul 13, 2016 1:08 am
Forum: Personal Finance (Not Investing)
Topic: Real career path for a 23 yr old with no college degree
Replies: 50
Views: 5043

Re: Real career path for a 23 yr old with no college degree

I'd pick up a trade like trucking driving, welding, mechanic, etc. All will make a lot more money than my friends who graduated with business degrees that are running cash registers for $8 an hour. Outside of econ or finance, a business degree is a bad degree to get. They consistently have low skil...
by William4u
Wed Jul 13, 2016 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Private vs State School?
Replies: 116
Views: 6176

Re: Private vs State School?

Surprise: Humanities Degrees Provide Great Return On Investment http://www.forbes.com/sites/jeffreydorfman/2014/11/20/surprise-humanities-degrees-provide-great-return-on-investment/#5dd7eb9894a9 Many humanities majors beat most business majors in career salaries (if you exclude finance and econ, wh...
by William4u
Tue Jul 12, 2016 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Private vs State School?
Replies: 116
Views: 6176

Re: Private vs State School?

Anither school of thought is to do undergrad at a high-quality state flagship at a lower cost, and then get your terminal degree at an elite private. For many fields, they don't care so much where you went for undergrad so much as grad school. That is true of my field. So for someone who first went...
by William4u
Tue Jul 12, 2016 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Private vs State School?
Replies: 116
Views: 6176

Re: Private vs State School?

I think there's a lot to be said for a small liberal arts school, so long as it (and most importantly, the student's approach to it) is rigorous. For example, Williams emulates certain aspects of the old British tutorial system -- a very attractive prospect. +1 I'd pay the extra for Williams or Amh...
by William4u
Tue Jul 12, 2016 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Private vs State School?
Replies: 116
Views: 6176

Re: Private vs State School?

I think there's a lot to be said for a small liberal arts school, so long as it (and most importantly, the student's approach to it) is rigorous. For example, Williams emulates certain aspects of the old British tutorial system -- a very attractive prospect. +1 I'd pay the extra for Williams or Amh...
by William4u
Tue Jul 12, 2016 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Real career path for a 23 yr old with no college degree
Replies: 50
Views: 5043

Re: Real career path for a 23 yr old with no college degree

CNN had an article a few days ago... " College grads are getting nearly all the jobs. " http://money.cnn.com/2016/06/30/news/economy/college-grads-jobs/index.html While there are plenty of stories of individuals who buck the trend and get a good job without a degree, there are far more tha...
by William4u
Tue Jul 12, 2016 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Wells Fargo Advisors RAGE! $255- $457 per trade?
Replies: 8
Views: 1012

Re: Wells Fargo Advisors RAGE! $255- $457 per trade?

I've heard similar stories from others. Thank goodness for Vanguard.
by William4u
Sun Jul 10, 2016 11:36 pm
Forum: Investing - Help with Personal Investments
Topic: No VG funds in 401k! HELP!
Replies: 26
Views: 1679

Re: No VG funds in 401k! HELP!

I'd make it sweet and simple: just put 100% of your 401k into the very reasonable Wells Fargo Enhanced Stock Market CITN20 S&P 500 Fund. With an ER of only 0.33%, it is really good. And it is aggressive and diversified. Once you hit $100k in total retirement investments, I'd then look into doin...
by William4u
Sat Jul 09, 2016 2:17 am
Forum: Personal Consumer Issues
Topic: What to do around Vegas during Winter?
Replies: 21
Views: 1658

Re: What to do around Vegas during Winter?

Enjoy the sunshine! :happy
by William4u
Sat Jul 09, 2016 2:16 am
Forum: Personal Finance (Not Investing)
Topic: Money vs. Happiness
Replies: 94
Views: 10878

Re: Money vs. Happiness

Check out this TED talk: "If you think money cannot buy you happiness, you aren't spending it right"

http://www.ted.com/talks/michael_norton ... _happiness
by William4u
Sat Jul 09, 2016 2:14 am
Forum: Personal Finance (Not Investing)
Topic: Your opinion of mint.com
Replies: 55
Views: 5914

Re: Your opinion of mint.com

interesting posts. I have used it and had no problems so far.
by William4u
Sat Jul 09, 2016 2:13 am
Forum: Personal Consumer Issues
Topic: synthetic oil changes
Replies: 134
Views: 8205

Re: synthetic oil changes

From what I've seen the chemically reformulated mineral oil is just as good in the relevant respects as any other synthetic oil. It is all just ways to reform big carbon molecules.
by William4u
Sat Jul 09, 2016 2:09 am
Forum: Investing - Help with Personal Investments
Topic: No VG funds in 401k! HELP!
Replies: 26
Views: 1679

Re: No VG funds in 401k! HELP!

I'd make it sweet and simple: just put 100% of your 401k into the very reasonable Wells Fargo Enhanced Stock Market CITN20 S&P 500 Fund. With an ER of only 0.33%, it is really good. And it is aggressive and diversified. Once you hit $100k in total retirement investments, I'd then look into doing...
by William4u
Sat Jul 09, 2016 1:34 am
Forum: Personal Consumer Issues
Topic: 2000 Honda Accord - Wheel Bearing Cost$ 300!!!
Replies: 48
Views: 3007

Re: 2000 Honda Accord - Wheel Bearing Cost$ 300!!!

Use a TIMKEN bearings or SKF. I would not use anything else. The other brands are very iffy and can fail quickly. It is just a few bucks more to get a quality part. You can order either here... http://www.rockauto.com/en/catalog/honda,2000,accord,2.3l+l4,1362990,brake/wheel+hub,wheel+bearing+&+h...
by William4u
Fri Jul 08, 2016 8:44 pm
Forum: Personal Consumer Issues
Topic: synthetic oil changes
Replies: 134
Views: 8205

Re: synthetic oil changes

Fieldsy1024 wrote:Would two oil changes per yr be better on gas as opposed to one time a year?


It would make no difference. Just change synthetic oil according to the manual, which is generally 10,000 miles.

http://www.fuelinjectorcleanerhq.com/co ... -interval/
by William4u
Fri Jul 08, 2016 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: [Fidelity drops AmEx, Bank of America credit cards]
Replies: 260
Views: 30379

Re: [Fidelity drops AmEx, Bank of America credit cards]

Our cards just arrived in the mail late this afternoon. Do I have to keep money at Fidelity to keep the card? My wife is primary, about 5% our combined retirement portfolio is at Fidelity, and cash rewards have been deposited into her account. It appears from glancing at the literature that a state...
by William4u
Fri Jul 08, 2016 7:03 pm
Forum: Personal Consumer Issues
Topic: synthetic oil changes
Replies: 134
Views: 8205

Re: synthetic oil changes

I used to think those were great, until buying an oil extractor. No more getting under the car or mess, easy peasy. Yup, greatest thing ever. I love not needing a jack or drain pan to change my oil and filter, and using one, maybe two, paper towels to clean up. I'm confused! How does an oil extract...
by William4u
Fri Jul 08, 2016 2:32 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lowers expense ratio of some index funds
Replies: 117
Views: 8414

Re: Fidelity Cutting Fees on Index Funds

I think I can answer at least some of this. In 2015 on a $100k investment in the Fidelity Total Market Spartan advantage fund, there was about a $562 capital gains distribution. There was a zero capital gain distribution on Vanguard Total Market Admiral on any investment of any size. The difference...
by William4u
Fri Jul 08, 2016 11:06 am
Forum: Investing - Theory, News & General
Topic: Fidelity lowers expense ratio of some index funds
Replies: 117
Views: 8414

Re: Fidelity Cutting Fees on Index Funds

Fidelity Index funds are fine funds for a tax deferred account. I would not use them in a taxable account since they have substantial non-qualified dividends and capital gains distributions (at least in their total market fund of late). These are not issues for Vanguard. Please explain this. Why wo...
by William4u
Wed Jul 06, 2016 6:45 pm
Forum: Personal Consumer Issues
Topic: Costco Tires - Anyone ever frustrated?
Replies: 86
Views: 5574

Re: Costco Tires - Anyone ever frustrated?

I had the same problem with both Costco and Sams before discovering the local independent was cheaper, quicker, and takes appointments. Perhaps check some local tire stores. Balancing and rotating cheaper? Local independents often rotate for free, since it takes no time or equipment, but balancing ...

Go to advanced search