Search found 3824 matches

by bottlecap
Mon Sep 26, 2016 8:37 pm
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 55
Views: 3129

Re: Replace car battery after X years or wait till it dies?

Where I live, they last about 3 years. For less than $100, you'd be smart to replace now rather than get stuck somewhere.

JT
by bottlecap
Mon Sep 26, 2016 1:12 pm
Forum: Personal Consumer Issues
Topic: Companion Dogs for an older person
Replies: 42
Views: 2791

Re: Companion Dogs for an older person

I'd go with an old, low energy, house broken dog. Within 6 months of getting a small high-energy dog as a companion, my wife's grandmother tripped over the dog and was in surgery for a broken hip. Thankfully, she pulled through. But she's of an age where that wasn't a given. The house still smells l...
by bottlecap
Sun Sep 25, 2016 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: How to make $500 a month out of $30000
Replies: 8
Views: 3119

Re: How to make $500 a month out of $30000

Can't be done. Sorry, but 20% per annum is wildly ambitious. You'd be lucky to get half that.

JT
by bottlecap
Thu Sep 22, 2016 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Supervisor - Involve Union?
Replies: 37
Views: 3398

Re: Bad Supervisor - Involve Union?

I would certainly use the union. What do you have to lose? In real life this happens all the time. Old boss liked you. Your boss changes. New boss doesn't like you and tries to get rid of you. It happened to me. In the private sector, that's life - you move on. For better or for worse, the governmen...
by bottlecap
Wed Sep 21, 2016 1:57 pm
Forum: Personal Consumer Issues
Topic: My "Corolla Investment" has ended...410,000 [miles]
Replies: 54
Views: 5721

Re: My "Corolla Investment" has ended...410,000

I'm impressed - that's a lot of miles. Just turned 300k myself and don't know that I'll make it to 400k, but we'll see. You go t your money's worth. Excuse me while I laugh that 2 15 amp fuses is "beginning to require a lot of up-keep," however! That speaks well of the car! Congrats, JT
by bottlecap
Wed Sep 21, 2016 11:56 am
Forum: Personal Finance (Not Investing)
Topic: "Women and Investing" class offered by Employer
Replies: 83
Views: 5602

Re: "Women and Investing" class offered by Employer

It's basically a marketing strategy for the consultant. It's also a way to get the employer, who benefits from appearing to be concerned about women, to agree to it.

There may be some other psychological reasons, but I would use this tactic if I was a financial consultant all day long.
by bottlecap
Wed Sep 21, 2016 10:11 am
Forum: Personal Consumer Issues
Topic: Spare Tire Replacement
Replies: 17
Views: 1076

Re: Spare Tire Replacement

The solution is this: Every time you buy new tires, have them take the best old one off and use that as the spare. This assumes that the spare is full size, which, in your son's case, it is. You can buy five new every time, but you'll probably wind up buying new tires due to age before you get the f...
by bottlecap
Mon Sep 19, 2016 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a point when a used car is too used to be worth buying?
Replies: 43
Views: 3191

Re: Is there a point when a used car is too used to be worth buying?

stoptothink wrote:Didn't you just buy a new MB S550 coupe, and were considering an R8 and a Bentley before that? Seems like an odd question considering the circumstances.


Must be for the wife!
by bottlecap
Mon Sep 19, 2016 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a point when a used car is too used to be worth buying?
Replies: 43
Views: 3191

Re: Is there a point when a used car is too used to be worth buying?

I don't know what to tell you, as I have a completely different view. We own two vehicles. A 17 year old vehicle bought new and an 11 year old vehicle bought 5 years ago. 475,000 miles between the two. They are reliable, but the (younger) GM product is the less so of the two. But I've had new GM pro...
by bottlecap
Mon Sep 19, 2016 8:03 pm
Forum: Personal Consumer Issues
Topic: Cities like New Orleans?
Replies: 112
Views: 5196

Re: Cities like New Orleans?

Don't be so bitter, I am sure you have a good reason for living in your state - like you have no choice. :D It's clear from your posts that you've never been down south or, if you have, you only hit the tourist traps (ie., not places designed for locals). I invite you to visit in earnest so that yo...
by bottlecap
Mon Sep 19, 2016 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: A Friend Asked Me - Ponzi or Not? [1st position commercial mortgage notes]
Replies: 12
Views: 1515

Re: A Friend Asked Me - Ponzi or Not? [1st position commercial mortgage notes]

If it is not a Ponzi Scheme, it is, at best, a very risky investment.

JT
by bottlecap
Mon Sep 19, 2016 3:06 pm
Forum: Personal Consumer Issues
Topic: Cities like New Orleans?
Replies: 112
Views: 5196

Re: Cities like New Orleans?

I'm a bit surprised by what some consider to be cultural deserts, given that some of the finest literature ever written came from Southern writers. It's sometimes good that people don't know what they think they know. We don't need everyone moving down here! Although I much prefer the Southern cult...
by bottlecap
Mon Sep 19, 2016 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Please assess my situation/If I can afford my first house
Replies: 22
Views: 1917

Re: Please assess my situation/If I can afford my first house

You're 25. You will be stretching your income. You'll miss out on travel and other fun stuff when you do that. You'll have to do maintenance and pay taxes and insurance. If you end up getting married, your spouse will likely want to get a house that is yours "together." So if that's in the...
by bottlecap
Mon Sep 19, 2016 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take a loan for a car
Replies: 58
Views: 4110

Re: Why not take a loan for a car

It also makes sense just to pay cash. That way you are not paying interest in the hopes that the stock market goes up.

But you are unlikely to go broke either way.

JT
by bottlecap
Mon Sep 19, 2016 1:05 pm
Forum: Personal Consumer Issues
Topic: Cities like New Orleans?
Replies: 112
Views: 5196

Re: Cities like New Orleans?

I'm a bit surprised by what some consider to be cultural deserts, given that some of the finest literature ever written came from Southern writers. It's sometimes good that people don't know what they think they know. We don't need everyone moving down here! Although I much prefer the Southern cult...
by bottlecap
Mon Sep 19, 2016 9:39 am
Forum: Personal Consumer Issues
Topic: Cities like New Orleans?
Replies: 112
Views: 5196

Re: Cities like New Orleans?

Certainly visit before making a decision. If I had to, I'd choose Charleston or Savannah over New Orleans. It's a great place to visit and does have great food, but it's high on crime and corruption. The South is a great place for many reasons, but it is hot for someone from the Northeast. Be sure t...
by bottlecap
Sat Sep 17, 2016 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Lending money to son
Replies: 21
Views: 1943

Re: Lending money to son

If he's a fine young man, he already knows this. Once you are out making money, the loans will stop. However, I think you are going about it the wrong way. You lend him $150,000 for school and then when he graduates you are going to make him go into into debt for moving expenses and a rental deposit...
by bottlecap
Fri Sep 16, 2016 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Tenant wants to leave on short notice. Can they?
Replies: 45
Views: 3232

Re: Tenant wants to leave on short notice. Can they?

It depends on what state law says about giving notice on a month-to-month lease. In ever state I've ever lived in its been 30 days for a month to month. The lease does seem to indicate 60 days, but it's confusing from the information provided. I wouldn't trust it. If your state law says 30 days noti...
by bottlecap
Thu Sep 15, 2016 8:07 am
Forum: Personal Consumer Issues
Topic: Any Car expert out there : Check Engine Light on
Replies: 27
Views: 1789

Re: Any Car expert out there : Check Engine Light on

Stuff wears out after 9 years regardless of mileage. While your car likely won't run as efficiently until fixed, it is also unlikely that not fixing it will cause any damage. Nonetheless, I'd get it fixed on the off chance that it will shorten the life of any other component. I've learned that it's ...
by bottlecap
Tue Sep 13, 2016 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Explaining college tuition increases
Replies: 27
Views: 1667

Re: Explaining college tuition increases

Pdxnative wrote:Shallowpockets and Klangfool: did you read the article? It's fine to have ideological views about how education should be funded, etc. But I don't think it's helpful to ignore what most research shows.


Except that the article does not constitute, nor does it purport to be, research...
by bottlecap
Mon Sep 12, 2016 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Is anyone else feeling courageous enough to buy today?
Replies: 90
Views: 6460

Re: Is anyone else feeling courageous enough to buy today?

This post made me realize that outside of seeing posts on the Bogleheads forum, I have not checked the daily action in the stock market in over two years.

It's sort of freeing.

JT
by bottlecap
Mon Sep 12, 2016 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: More advice for BigLaw Survivor, please?
Replies: 119
Views: 12412

Re: More advice for BigLaw Survivor, please?

Thanks for the update and congratulations.

I'm glad to hear you got out while the getting was good and you're happy with the decision!

JT
by bottlecap
Mon Sep 12, 2016 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: How much saved at 30 to be "done saving"
Replies: 35
Views: 6271

Re: How much saved at 30 to be "done saving"

To be safe, I'd say a cool Mil.

Let me know how you do it. I would love to save $1 million in the next 5 or 6 years, too.

JT
by bottlecap
Mon Sep 12, 2016 6:11 am
Forum: Personal Consumer Issues
Topic: 2006 mazda miata for daughter, 42k miles, $10k?
Replies: 64
Views: 4110

Re: 2006 mazda miata for daughter, 42k miles, $10k?

Miatas are pretty slow so only so much damage can be done, right!? I'd go for it! :oops: There's a reason the Miata is used extensively by amateur racing enthusiasts at the track. Why do people seem to think you don't have a sports car unless you put down 450 HP? people who think miatas are not rea...
by bottlecap
Sun Sep 11, 2016 7:28 pm
Forum: Personal Consumer Issues
Topic: Toyota, Honda, Nissan or Chrysler Minivan?
Replies: 43
Views: 3912

Re: Toyota, Honda, Nissan or Chrysler Minivan?

I'd go Honda. Seems like the best and most reliable of the bunch. That's what we'll be getting when we go to the minivan.
by bottlecap
Sun Sep 11, 2016 7:18 pm
Forum: Personal Consumer Issues
Topic: 2006 mazda miata for daughter, 42k miles, $10k?
Replies: 64
Views: 4110

Re: 2006 mazda miata for daughter, 42k miles, $10k?

The minivan is perfect.

JT
by bottlecap
Sat Sep 10, 2016 7:53 am
Forum: Investing - Theory, News & General
Topic: Anyone follow Tom McClellan?
Replies: 5
Views: 620

Re: Anyone follow Tom McClellan?

If he keeps predicting declines, he'll be right one of these times. And then his future advice will be worth it's weight in gold....

JT
by bottlecap
Sat Sep 10, 2016 7:50 am
Forum: Personal Consumer Issues
Topic: map frustration
Replies: 76
Views: 3839

Re: map frustration

If you don't want a smartphone, why not by a GPS unit? They aren't that expensive ($100?) and you don't have to deal with maps, either finding a good one, printing them out, or using them while driving. They also help you avoid accidents, find alternative routes, and food and gas. There's not much r...
by bottlecap
Sat Sep 10, 2016 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Gas station - good business?
Replies: 69
Views: 5377

Re: Gas station - good business?

The anecdote I always hear is you don't make any money on selling gas, you make money on having a store people stop in when they get their gas to pick up soda, milk, lottery, etc. so it is all about how well your "store" does. I've had several clients either in the business and this is wh...
by bottlecap
Thu Sep 08, 2016 6:26 am
Forum: Personal Finance (Not Investing)
Topic: Need Advice... Girlfriend and I are looking to buy our first home in Denver (super hot seller's market)
Replies: 80
Views: 4949

Re: Need Advice... Girlfriend and I are looking to buy our first home in Denver (super hot seller's market)

If my partner and I split up, how will our house be treated differently than if we were getting a divorce? the question is too open ended to answer. Correct. Yet many people on this site continue to make blanket assertions that unmarried couples shouldn't own houses together. the presumption should...
by bottlecap
Thu Sep 08, 2016 12:23 am
Forum: Personal Finance (Not Investing)
Topic: Need Advice... Girlfriend and I are looking to buy our first home in Denver (super hot seller's market)
Replies: 80
Views: 4949

Re: Need Advice... Girlfriend and I are looking to buy our first home in Denver (super hot seller's market)

there are rules and presumptions that married people have that daters dont. i am not sure why this is a disputed issue. If my partner and I split up, how will our house be treated differently than if we were getting a divorce? Let someone with a different life experience than you also give advice. ...
by bottlecap
Wed Sep 07, 2016 8:02 pm
Forum: Personal Consumer Issues
Topic: Breaking the iPhone cycle - Any Macbook users with Android Phones?
Replies: 49
Views: 3600

Re: Breaking the iPhone cycle - Any Macbook users with Android Phones?

We'll be making the switch for our next phones. iPhones are very expensive and subpar. They offer a little convenience if you have an iMac, but that's about it. Honestly, our 5 year old iMac has been crazy slow for almost two years now and tech support is no help. We will probably divest of Apple co...
by bottlecap
Wed Sep 07, 2016 5:56 am
Forum: Personal Finance (Not Investing)
Topic: Need Advice... Girlfriend and I are looking to buy our first home in Denver (super hot seller's market)
Replies: 80
Views: 4949

Re: Need Advice... Girlfriend and I are looking to buy our first home in Denver (super hot seller's market)

I'd consider moving. Your wants, such as a job with flexibility and travel time and a house with a yard, don't jive with the Denver market. You are competing against two income families in their 30s to buy these homes with a yard to play in. You can't out-spend them. And if you buy a $300,000 house,...
by bottlecap
Tue Sep 06, 2016 9:24 am
Forum: Personal Consumer Issues
Topic: Repiar or Replace Gas water heater?
Replies: 24
Views: 1800

Re: Repiar or Replace Gas water heater?

If it's over ten years old and the cost to repair approaches anywhere near the cost to replace, I'm replacing.

Sounds like it's not even close for you. I'd replace.
by bottlecap
Mon Sep 05, 2016 7:27 am
Forum: Personal Consumer Issues
Topic: repair 2010 odyssey versus trade in?
Replies: 26
Views: 2393

Re: repair 2010 odyssey versus trade in?

Figure out what's wrong before you buy a new one. I'm only half joking. But you do seem halfway to a new car already... I'd basically repair the car almost no matter what it costs. You'll have very little trade in value if its a big repair anyway. What you don't get back in trade-in/resale, you'll g...
by bottlecap
Thu Sep 01, 2016 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Parent Obamacare Tax Penalty For College Student
Replies: 31
Views: 2252

Re: Parent Obamacare Tax Penalty For College Student

I have a hard time blaming the college student. Lawyers have a hard time figuring out confusing laws like this. If the school did not inform you, it's the schools fault. They should know the law and that it will affect the parents of most students. I would not bother trying to disclaim her as a depe...
by bottlecap
Thu Sep 01, 2016 6:46 am
Forum: Personal Consumer Issues
Topic: Door lock actuators: am I getting fleeced?
Replies: 23
Views: 2770

Re: Door lock actuators: am I getting fleeced?

I'd say you're getting charged at least double.

You should be able to do them yourself if you are handy at all. Not exactly a simple job, but not terribly difficult, either.

Otherwise go see an Indy shop.

JT
by bottlecap
Tue Aug 30, 2016 8:31 pm
Forum: Personal Consumer Issues
Topic: Subaru owners - tin can sound, maybe heat shield?
Replies: 22
Views: 1447

Re: Subaru owners - tin can sound, maybe heat shield?

I don't own a Subaru, but why wouldn't you take it to an Indy garage?
by bottlecap
Tue Aug 30, 2016 8:26 pm
Forum: Investing - Theory, News & General
Topic: Rich Dad/Poor Dad Assets
Replies: 57
Views: 6341

Re: Rich Dad/Poor Dad Assets

bottlecap, We are talking about 2 different groups of people A) People that only buy the house that they live in B) People that "invest" in real estate So, you may be right about the effect of RDPD on people in (B). I could be right about people in (A) too. Most if not all of my peers are...
by bottlecap
Tue Aug 30, 2016 4:00 pm
Forum: Investing - Theory, News & General
Topic: Rich Dad/Poor Dad Assets
Replies: 57
Views: 6341

Re: Rich Dad/Poor Dad Assets

Folks, If some of my peers read his books at some point and chose not to be "House Poor", they would have been saved. Unfortunately, this continues. People treat their house as an "asset" and choose to be "House Poor". Then, they lose their jobs / incomes and their hou...
by bottlecap
Mon Aug 29, 2016 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Good School District or Private School?
Replies: 77
Views: 4498

Re: Good School District or Private School?

Private school means smaller class sizes and thus more tailored instruction, usually.

If that's not important to you, I'd be inclined to put that money into the home and take advantage of the good public school.

JT
by bottlecap
Sun Aug 28, 2016 10:10 pm
Forum: Investing - Theory, News & General
Topic: "Are Index Funds Eating the World?"
Replies: 38
Views: 4057

Re: "Are Index Funds Eating the World?"

TOJ wrote:
bottlecap wrote:
If index funds become so popular that the market becomes inefficient, I will be one of the first to jump ship and go with active funds.


How would you know to do that?


I don't know - I don't expect it to happen.

That's my point.
by bottlecap
Sun Aug 28, 2016 9:47 pm
Forum: Investing - Theory, News & General
Topic: Rich Dad/Poor Dad Assets
Replies: 57
Views: 6341

Re: Rich Dad/Poor Dad Assets

I agree that the books are garbage. I admit I read one. Don't waste any more of your time on it. JT They're not worthwhile as investment how-to books. However, for beginners, I do think they can help people get in the right frame of mind, which is focusing your energy on acquiring income producing ...
by bottlecap
Sun Aug 28, 2016 8:30 pm
Forum: Investing - Theory, News & General
Topic: Rich Dad/Poor Dad Assets
Replies: 57
Views: 6341

Re: Rich Dad/Poor Dad Assets

I agree that the books are garbage. I admit I read one.

Don't waste any more of your time on it.

JT
by bottlecap
Sun Aug 28, 2016 8:24 pm
Forum: Personal Consumer Issues
Topic: Time to stop updating older iPhones?
Replies: 15
Views: 2070

Re: Time to stop updating older iPhones?

I had a 5S that was rendered useless as a phone by an update after it was two years old. Apple couldn't explain it. Their solution was that we buy a new one. I will never update again after the phone gets out of warranty. Will also like move to Android for the next phone. JT P.S. And 2 years is what...
by bottlecap
Fri Aug 26, 2016 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: How did I do?
Replies: 34
Views: 2525

Re: How did I do?

5. Morningstar Risk: Medium 6. Morningstar Return: High 4. Moringstar Risk: Below Average 5. Morningstar Return: Above Average. I'd say you've done fantastic because you just found the Holy Grail of investing: high returns with low risk. To bad you posted it so all of the investing world now has th...
by bottlecap
Fri Aug 26, 2016 4:08 pm
Forum: Investing - Theory, News & General
Topic: "Are Index Funds Eating the World?"
Replies: 38
Views: 4057

Re: "Are Index Funds Eating the World?"

The world is not static. If index funds become so popular that the market becomes inefficient, I will be one of the first to jump ship and go with active funds. But I'm not holding my breath, either. At the first whiff of an extra dollar to be made, other people will jump back on with active investi...
by bottlecap
Fri Aug 26, 2016 11:20 am
Forum: Investing - Theory, News & General
Topic: Passive vs Active Investing
Replies: 17
Views: 1329

Re: Passive vs Active Investing

Markets revert to a mean, styles of investing don't revert to the mean. You colleagues don't understand the term. There's never been a study that I'm aware of that suggests that the entire universe of active funds beats the entire market (index funds) over time (and after fees) and that short term d...
by bottlecap
Thu Aug 25, 2016 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Young man in a bind/car totalled/no insurance
Replies: 39
Views: 3955

Re: Young man in a bind/car totalled/no insurance

Uninsured protects you, not the uninsured motorist. He will owe the money, but:

I doubt the insurance company will come after him. If they do, so what? Either he works out a payment or let's them get a judgment and try to collect.

He owes it, but he probably won't "have" to pay it.

JT
by bottlecap
Thu Aug 25, 2016 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford a new car?
Replies: 62
Views: 4268

Re: Can I afford a new car?

i will await the name calling - or at least the shaming. I won't name call - at least you started out your post saying you "wanted" a new vehicle. That's more honest than most who post these "questions" and decide against prudence anyway! Good luck getting it down to $20K, thoug...

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