Search found 4757 matches

by bottlecap
Wed Oct 18, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: High fee funds
Replies: 8
Views: 410

Re: High fee funds

First order of business: How do you know they are doing well? Is it appropriate to compare these funds to an index? If not, your funds may not be doing so well. If it is an appropriate comparison, then from a theoretical standpoint, you should sell them and buy comparable index funds. Just because t...
by bottlecap
Wed Oct 18, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to make some dollars on a 10 day vacation?
Replies: 50
Views: 3734

Re: Best way to make some dollars on a 10 day vacation?

I would use the opportunity to meet people. Of course I could be wrong, but your post makes it sounds like you are lonely and work too much. You are not going to make any money of any significance if you are not working in your area of expertise. And no one in an actual business is going to hire a n...
by bottlecap
Mon Oct 16, 2017 9:00 pm
Forum: Personal Consumer Issues
Topic: What are your best car battery purchase options?
Replies: 18
Views: 721

Re: What are your best car battery purchase options?

I bought my last battery for my vehicle from Costco. It was no more expensive than anywhere else. It has lasted nearly 48 months and is still going, which is about a year longer than any other battery has lasted in the last 18 years in this vehicle. I was concerned when I went to Costco to get a bat...
by bottlecap
Mon Oct 16, 2017 7:15 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 89
Views: 4904

Re: How many miles/years do you keep your car?

477,800 miles or 30 years, whichever comes first. It's a close race as of right now. JT Very specific mileage: 477,800. Where does this magic number come from? Haha. To the moon and back! I’m 2/3 of the way after 18 years. To the other poster, it's an Explorer. The vehicle would probably make both ...
by bottlecap
Mon Oct 16, 2017 11:55 am
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 89
Views: 4904

Re: How many miles/years do you keep your car?

477,800 miles or 30 years, whichever comes first.

It's a close race as of right now.

JT
by bottlecap
Mon Oct 16, 2017 9:13 am
Forum: Investing - Help with Personal Investments
Topic: My investments
Replies: 3
Views: 428

Re: My investments

My vote is for a target retirement fund. There will be no tax consequences for changing if this is in a retirement vehicle such as an IRA.

Good luck,

JT
by bottlecap
Mon Oct 16, 2017 9:11 am
Forum: Investing - Help with Personal Investments
Topic: First time poster:NEED HELP! We are total newbies and late to the game*updated
Replies: 31
Views: 2225

Re: First time poster:NEED HELP! We are total newbies and late to the game*updated

Target Date funds are the way to go for you. Pick some that match your desired allocation and aren't too expensive, and go with that. If you are concerned about tax efficiency in taxable accounts, use a total stock market fund there and adjust the target date fund you pick accordingly. There is no r...
by bottlecap
Sun Oct 15, 2017 1:50 pm
Forum: Personal Consumer Issues
Topic: Is Florida Over, 2017
Replies: 48
Views: 5390

Re: Is Florida Over, 2017

No one knows what the market will do.

I very much doubt that land in Sarasota will be worthless. That's just foolish talk.

But your guess in real estate is as good as anyone else's.

JT
by bottlecap
Sat Oct 14, 2017 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Need help starting out
Replies: 7
Views: 566

Re: Need help starting out

Welcome. I've never used TD Ameritrade, so I can't say whether it makes less sense to use them than moving to Vanguard or Fidelity. Just figure out what extra you'll be paying in fees. Supposedly ETFs are more tax efficient when in a taxable account. I recommend a target date retirement fund. Then a...
by bottlecap
Sat Oct 14, 2017 5:20 pm
Forum: Personal Consumer Issues
Topic: Liability of phone conversations while my client is driving (and I am not in the car)?
Replies: 64
Views: 3710

Re: Liability of phone conversations while my client is driving (and I am not in the car)?

Telling people how to live their lives is never well-received. Plan accordingly. I think it is clear there is a liability risk when conducting business over the phone with a person who is driving. I recall a case, some years ago, when a lawyer was driving while participating on a call for his/her la...
by bottlecap
Fri Oct 13, 2017 9:40 am
Forum: Personal Consumer Issues
Topic: Car Buying, Time to grow up.
Replies: 59
Views: 4708

Re: Car Buying, Time to grow up.

I'd look into a Fusion. With the employee discount, a new car makes sense, especially if you plan on keeping it long term. It's true Ford's overall reliability is probably not as good as Honda's or Toyota's, but they still make some good vehicles. My family has driven Fords, Chevys and I drove one T...
by bottlecap
Thu Oct 12, 2017 7:07 am
Forum: Personal Finance (Not Investing)
Topic: GA film tax credits problem
Replies: 6
Views: 621

Re: GA film tax credits problem

I'm afraid you will need a lawyer. You have either been defrauded or sold something that the lawyer didn't know had these issues. I once represented a production company where the state "granted" this type of credit and later revoked it for something similar. These are rife with abuse on both the gi...
by bottlecap
Thu Oct 12, 2017 6:36 am
Forum: Personal Consumer Issues
Topic: Mechanic expects me to pay for his mistake
Replies: 41
Views: 3108

Re: Mechanic expects me to pay for his mistake

The real question is did the mechanic screw up. You are going to need another mechanic to tell you whether he did or not. If there was nothing he could have done to prevent this on this model, then he did not screw up. If there was something he could have done to prevent it, given that this model ha...
by bottlecap
Tue Oct 10, 2017 9:49 pm
Forum: Personal Consumer Issues
Topic: Care by Volvo
Replies: 14
Views: 1226

Re: Care by Volvo

Whether paying $10,000 a year for a $35,000 subcompact SUV with mileage restrictions is a good deal is a value judgment.

Me, I'll do some repairs myself, find a good mechanic that doesn't upcharge me, and save $8,000 a year.

JT
by bottlecap
Tue Oct 10, 2017 2:06 pm
Forum: Personal Consumer Issues
Topic: Wifi Thermostat
Replies: 55
Views: 3626

Re: Wifi Thermostat

I installed a Honeywell wifi thermostat myself. It was pretty simple.

And they cost $90 a piece at the time. I think they are closer to $75 now.

JT
by bottlecap
Tue Oct 10, 2017 6:29 am
Forum: Personal Consumer Issues
Topic: When to buy new tires? - penny or quarter test
Replies: 35
Views: 2163

Re: When to buy new tires? - penny or quarter test

Your tires have wear bars than tell you when it’s time to replace due to tread wear.

However, as others have mentioned, on wet or snowy surfaces, you are losing performance when close to 2/32, so bear that in mind when driving.

JT
by bottlecap
Mon Oct 09, 2017 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Senior citizens can lose everything [to professional guardians via court rulings]
Replies: 111
Views: 9141

Re: Senior citizens can lose everything [to professional guardians via court rulings]

I appreciate you posting this. If half of it is true, it’s very scary. Not one to believe the New Yorker, I looked it up and seems to be more than half true. I can say that in the judicial system, there are many who think they know better than ordinary folk and implicitly trust those that work withi...
by bottlecap
Mon Oct 09, 2017 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 13625

Re: [Boglehead vs Mr Money Mustache philosophies]

MM = skimp on everything so you don’t have to work hard or at all.

Bogleheads = work hard and LBYM, so you don't have to skimp on everything.

Or make your own soap.

JT
by bottlecap
Mon Oct 09, 2017 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Would you buy a new family home [Australia]
Replies: 19
Views: 1876

Re: Would you buy a new family home

I had friends (a married couple) that did this in 2006 in the U.S. They were sweating in 2008 pretty hard because they were upside down. It turned out okay. They brag the government bailed them out of a tight spot. So if you are responsible people, don’t do it. If you think you'll get bailed out, bu...
by bottlecap
Mon Oct 09, 2017 7:18 pm
Forum: Personal Consumer Issues
Topic: Daughter's auto repair shop problems, what should we do now?
Replies: 34
Views: 3394

Re: Daughter's auto repair shop problems, what should we do now?

Do you live in this town? If so, I’d go down there personally and address the issue. I disagree that you need to let your 25 year old deal with it. She's already learned whatever lesson there is to learn. She is an honest person swimming in a (possible) shark tank. Offer to pay the original $250 and...
by bottlecap
Mon Oct 09, 2017 6:48 pm
Forum: Investing - Theory, News & General
Topic: Probably a very simple investing principle but....
Replies: 22
Views: 1980

Re: Probably a very simple investing principle but....

If your time horizon is 5 years, don’t invest in stocks.

Otherwise, there are dividends, stock splits, and the general upward tend of the market in periods longer than 5-8 years.

JT
by bottlecap
Mon Oct 09, 2017 6:47 am
Forum: Personal Finance (Not Investing)
Topic: Health Care for 2018, Curious About Other's Increases
Replies: 21
Views: 2493

Re: Health Care for 2018, Curious About Other's Increases

Ours went from $310 per month to nearly $1,100 per month in 2.5 years. And our already fairly high deductibles effectively (at least) doubled.

JT
by bottlecap
Sun Oct 08, 2017 8:21 pm
Forum: Personal Consumer Issues
Topic: Do you want your receipt?
Replies: 99
Views: 7422

Re: Do you want your receipt?

I take receipts for tax deduction purposes.

I can scan and verify every purchase on a credit card statement without the receipt, though.

It would be unusual for a credit card receipt to have your card number on them. Sometimes they have the last 4 numbers.

JT
by bottlecap
Sat Oct 07, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: How do you value your time?
Replies: 97
Views: 3782

Re: How do you value your time?

This is so personal that anyone who gives an opinion is wrong. You must make your own decision about this. Everyone's free time is obviously worth something, otherwise we would make our own clothes. But what it’s worth is up to you. Mathematical equations won’t figure it out for you. JT The questio...
by bottlecap
Fri Oct 06, 2017 9:28 am
Forum: Personal Consumer Issues
Topic: How do you value your time?
Replies: 97
Views: 3782

Re: How do you value your time?

This is so personal that anyone who gives an opinion is wrong. You must make your own decision about this.

Everyone's free time is obviously worth something, otherwise we would make our own clothes.

But what it’s worth is up to you. Mathematical equations won’t figure it out for you.

JT
by bottlecap
Tue Oct 03, 2017 7:50 pm
Forum: Personal Consumer Issues
Topic: Do I replace AC evaporative coil or get a new unit?
Replies: 26
Views: 1737

Re: Do I replace AC evaporative coil or get a new unit?

Then I'd definitely just replace the coil.
by bottlecap
Tue Oct 03, 2017 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Chickened out... Now unsure where to start.
Replies: 33
Views: 3682

Re: Chickened out... Now unsure where to start.

Why in the world are you not considering a target retirement type fund?

If you don't, you will only have yourself to blame.

JT
by bottlecap
Mon Oct 02, 2017 6:25 am
Forum: Investing - Help with Personal Investments
Topic: Suggestions for 22 year old daughter's portfolio?
Replies: 29
Views: 2143

Re: Suggestions for 22 year old daughter's portfolio?

David Jay wrote:
Sat Sep 30, 2017 1:11 pm
livesoft wrote:
Sat Sep 30, 2017 12:29 pm
If expense ratios are less than 0.25%, then put it all in one of those LifePath funds.
^^^ This
I agree, too. There is no sense in coming up with a more complicated allocation unless she's interested in investing.

Put her in a life path with an 80/20 or 70/30 allocation.

JT
by bottlecap
Sat Sep 30, 2017 7:59 am
Forum: Personal Consumer Issues
Topic: What will happen if I refuse to pay a medical bill?
Replies: 125
Views: 7354

Re: What will happen if I refuse to pay a medical bill?

We have this Mickey Mouse system precisely because people don't like to pay for medical bills. But nothing is free. This is the price we pay. Just call and say you told me several times this was in-network and you were wrong. I'll pay the in-network rate of $250 or you can send it to collections. Le...
by bottlecap
Sat Sep 30, 2017 7:18 am
Forum: Personal Consumer Issues
Topic: Caught by speed camera
Replies: 49
Views: 2669

Re: Caught by speed camera

I say you pay it for $100. If you think it is legit. It sounds like it is. I don't like such cameras anymore than anyone else. But you were speeding. Don't speed, problem eliminated. They know where you are, so if you don't pay, the fine will double and it will likely go to collections. A collection...
by bottlecap
Fri Sep 29, 2017 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford this house? ("Small Law" edition)
Replies: 19
Views: 2290

Re: Can we afford this house? ("Small Law" edition)

I my personal opinion, if you need a 30 year on a $240k salary, it's too much. However the "trial run" payment idea is a great one. Try it. I suspect you can do a 4 or 5k payment, but life won't be as easy. I would suggest doing that and taking any monthly shortfall out of your savings. If you have ...
by bottlecap
Fri Sep 29, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Question: Why do people put/keep millions of dollars in investment accounts?
Replies: 66
Views: 8206

Re: Question: Why do people put/keep millions of dollars in investment accounts?

Not gambling.

But involves risk.

People invest to make a return.

Invest appropriately.

JT
by bottlecap
Thu Sep 28, 2017 8:53 pm
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6411

Re: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?

I dca into my accounts every payday. I don't care what the markets are doing (up, down, sideways). I' am a long term buy & hold investor. It's time in the markets not timing the markets...that's the big secret. I definitely agree with your sentiment, but at the risk of sounding pedantic, I suspect ...
by bottlecap
Thu Sep 28, 2017 2:37 pm
Forum: Personal Consumer Issues
Topic: My first promotion without a pay increase
Replies: 47
Views: 4918

Re: My first promotion without a pay increase

When is the next annual increase? If in January, I wouldn't sweat it. If your manager is on your side, perhaps the manager will advocate a bigger (or the biggest the company can give) annual increase come Jan due to the circumstances. But realize this is the operative word: Megacorp. You likely get ...
by bottlecap
Thu Sep 28, 2017 1:11 pm
Forum: Personal Consumer Issues
Topic: Anyone try a "cheap" sapphire-faced watch?
Replies: 11
Views: 895

Re: Anyone try a "cheap" sapphire-faced watch?

Why do you think sapphire crystal is so expensive that it adds $200 to a watch?

I don't get it. I've purchased two watches in the last three years for under $100 that have sapphire crystal.

JT
by bottlecap
Thu Sep 28, 2017 12:53 pm
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6411

Re: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?

Is this a joke?

Of course buying on the dip works in hindsight.

Can you conceive of any issues in the real time execution?

JT
by bottlecap
Thu Sep 28, 2017 6:24 am
Forum: Personal Finance (Not Investing)
Topic: 27yo looking for advice on first house budget
Replies: 29
Views: 2475

Re: 27yo looking for advice on first house budget

Welcome. Unfortunately, you don't really give us enough information. How much do you spend every month? How much are you comfortable putting down? If you buy a $200,000 home and put 20% down, your monthly payments in the average area with taxes and insurance on a 15 year mortgage at 3.75% will be ab...
by bottlecap
Thu Sep 28, 2017 6:11 am
Forum: Investing - Theory, News & General
Topic: Which bogleheads have a "high need to take risk"?
Replies: 51
Views: 4467

Re: Which bogleheads have a "high need to take risk"?

Not me, but I see a lot of posts where people are. I think they (at least the younger ones) should be told that 80/20 and doing more saving, even if it means going without, is a far better way to reach their goal. If the goal is not worth doing without to achieve, is it really that important of a go...
by bottlecap
Thu Sep 28, 2017 6:07 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 192
Views: 12811

Re: Why do you LBYM? Why do you save and invest?

Because my parents taught me to. I've done well, but I wish I had been a faster learner...

My parents did not teach me about investing. So no matter who you are, I guess you have to figure something's out for yourself.

My kids are the one's who will luck out. They get to be taught about both!

JT
by bottlecap
Wed Sep 27, 2017 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: House Loan Recommendation
Replies: 5
Views: 602

Re: House Loan Recommendation

You're refi will cost you, so you're not exactly getting $7,500 for free.

Other than that, 5% down and no PMI sounds sketchy, but you don't give much else information to go on.

JT
by bottlecap
Wed Sep 27, 2017 8:15 pm
Forum: Personal Consumer Issues
Topic: liability of selling used car
Replies: 14
Views: 2000

Re: liability of selling used car

I suspect you are over thinking this. Sell the car as is, be up front in the listing and with the buyer and you're not going to have liability. You can google to see if the laws of you're state contain some hidden danger, but it's pretty doubtful there is. Otherwise, everyone selling a car would hav...
by bottlecap
Wed Sep 27, 2017 7:43 pm
Forum: Personal Consumer Issues
Topic: Two year lease vs Buy and hold 10 years. A wash?
Replies: 54
Views: 4168

Re: Two year lease vs Buy and hold 10 years. A wash?

You make a lot of general assumptions that are almost certainly untrue. Hard to address specifically because who knows where each of them came from. Plus 12,000 miles is really restrictive. Leases are for people who don't drive much and want a new car every few years or who are rich city folks who d...
by bottlecap
Wed Sep 27, 2017 7:29 pm
Forum: Personal Consumer Issues
Topic: Is the new Chevy Equinox any good?
Replies: 58
Views: 5441

Re: Is the new Chevy Equinox any good?

atomicrc11 wrote:
Fri Jun 23, 2017 2:33 pm
If you're really curious, make a reservation with a car rental location that has one and drive it for a week. It will be well worth the few hundred dollars to see if you like before buying.
This is great advice.
by bottlecap
Wed Sep 27, 2017 1:16 pm
Forum: Personal Consumer Issues
Topic: $700 to install a dishwasher seem by a plumber?!
Replies: 65
Views: 4455

Re: $700 to install a dishwasher seem by a plumber?!

How will the condo association know? I would do the install myself, assuming you are physically able. JT Well if some water line breaks during their install, they will know and fine me out the wazoo! Not interested in doing it myself. You only other option is to shop around. The job is simple, don'...
by bottlecap
Wed Sep 27, 2017 12:54 pm
Forum: Personal Consumer Issues
Topic: $700 to install a dishwasher seem by a plumber?!
Replies: 65
Views: 4455

Re: $700 to install a dishwasher seem by a plumber?!

How will the condo association know?

I would do the install myself, assuming you are physically able.

JT
by bottlecap
Wed Sep 27, 2017 10:06 am
Forum: Investing - Theory, News & General
Topic: VG using outsourcing to call me & I'm not happy
Replies: 76
Views: 7004

Re: VG using outsourcing to call me & I'm not happy

Then a heavily accented woman What does the accent have to do with anything? My friend from Manchester has a heavy accent but that doesn't mean he's not professional. My friend from Cologne also has a heavy accent but she's also extremely professional. Well, there's nothing worse than a Yankee with...
by bottlecap
Wed Sep 27, 2017 8:07 am
Forum: Personal Consumer Issues
Topic: Toyota rear-differential warranty question
Replies: 10
Views: 1108

Re: Toyota rear-differential warranty question

Don't know, I've never bought a warranty.

However, your differential fluid may be considered "lifetime" it may not be in the maintenance schedule.
by bottlecap
Tue Sep 26, 2017 8:43 pm
Forum: Personal Consumer Issues
Topic: High end cruising suggestions.
Replies: 26
Views: 2761

Re: High end cruising suggestions.

RC and Celebrity beats NCL hands down, although I have never had the fancy rooms. If the fancy rooms are similar to the rest of the experience, then:

NCL<<<<<RC<<Celebrity

The average age, however, increases in similar fashion...

JT
by bottlecap
Tue Sep 26, 2017 8:33 pm
Forum: Personal Consumer Issues
Topic: High end cruising suggestions.
Replies: 26
Views: 2761

Re: High end cruising suggestions.

RC and Celebrity beats NCL hands down, although I have never had the fancy rooms. If the fancy rooms are similar to the rest of the experience, then:

NCL<<<<<RC<<Celebrity

The average age, however, increases in similar fashion...

JT
by bottlecap
Tue Sep 26, 2017 8:25 pm
Forum: Personal Consumer Issues
Topic: Unbelievable AT & T
Replies: 29
Views: 3573

Re: Unbelievable AT & T

Don't ever use AT&T again. For anything.

I had a billing issue with them 16 years ago. I paid the bill, cancelled the service, and never dealt with the company ever again.

And never will again.

JT