Search found 3779 matches

by bottlecap
Fri Aug 26, 2016 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: How did I do?
Replies: 34
Views: 2330

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: 31
Views: 2506

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: 1166

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: 3722

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: 3832

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...
by bottlecap
Wed Aug 24, 2016 11:45 am
Forum: Personal Consumer Issues
Topic: AC blower motor died. need replacement
Replies: 20
Views: 1066

Re: AC blower motor died. need replacement

It's a simple repair - I just did it a month and a half ago. Buy a blower motor online and spent a Saturday morning doing it after researching Google and my Haynes manual . A blower motor is usually about $60. I got the Motorcraft OEM (I don't mess around with my A/C!) for $107 on Amazon. It sounds...
by bottlecap
Wed Aug 24, 2016 10:38 am
Forum: Personal Consumer Issues
Topic: AC blower motor died. need replacement
Replies: 20
Views: 1066

Re: AC blower motor died. need replacement

Yesterday, my carrier AC unit's blower motor died. The repair guy called the company, and sure enough, this February, 5-year warranty expired. The new unit costs $840 including taxes. What are my options? Need to fix this quickly, as its 95-degree weather outside. It's a simple repair - I just did ...
by bottlecap
Wed Aug 24, 2016 6:38 am
Forum: Personal Finance (Not Investing)
Topic: Planning for Children
Replies: 32
Views: 2386

Re: Planning for Children

Find a lawyer to do you will and other docs now and set up an appointment for after the baby is born, otherwise you won't get to it for some time.

Congrats!

JT
by bottlecap
Wed Aug 24, 2016 6:31 am
Forum: Personal Consumer Issues
Topic: Car leases: not that expensive, after all, if you can't do maintenance yourself?
Replies: 19
Views: 1373

Re: Car leases: not that expensive, after all, if you can't do maintenance yourself?

1) don't go to the dealership; 2) ask to see/have the part; 3) learn a little bit about cars and symptoms through the Internet, then spend a little time identifying the parts on your car. If you really are someone who doesn't care and has to take it to the dealer, then a lease might not be that much...
by bottlecap
Tue Aug 23, 2016 6:40 am
Forum: Personal Consumer Issues
Topic: Subaru - New 2016 or Used 2014 (25k miles)
Replies: 29
Views: 2071

Re: Subaru - New 2016 or Used 2014 (25k miles)

Congrats. I think you did it right. 12% of what you could get new doesn't make sense.

Enjoy the new car!
by bottlecap
Tue Aug 23, 2016 6:35 am
Forum: Investing - Help with Personal Investments
Topic: SolarCity SolarBonds 6.5%
Replies: 28
Views: 3414

Re: SolarCity SolarBonds 6.5%

You went off on a rant on subsidised businesses paying near 7 figure salaries (straw man) -- you put politics straight into your argument. I answered that. If you look at your original post you will see that your "2 categories" were anything but exhaustive, and you created a straw man. Yo...
by bottlecap
Mon Aug 22, 2016 11:55 am
Forum: Personal Consumer Issues
Topic: Subaru - New 2016 or Used 2014 (25k miles)
Replies: 29
Views: 2071

Re: Subaru - New 2016 or Used 2014 (25k miles)

Everyone's comparing the rock bottom dealer price new with the used asking price. That's not right.

I might even float $16k for the used. What do you have to lose? Tell them you need to know quickly or else you will take an offer on the new one.

JT
by bottlecap
Mon Aug 22, 2016 7:32 am
Forum: Investing - Help with Personal Investments
Topic: SolarCity SolarBonds 6.5%
Replies: 28
Views: 3414

Re: SolarCity SolarBonds 6.5%

What you have in solar is an unpriced externality-- polluting electricity generation vs. unpolluting. Since we don't, in general, tax pollution, if you want non polluting you have to incentivize it. In economics that is called a "second best" solution because the first best solution (a ta...
by bottlecap
Sun Aug 21, 2016 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Are these fees / returns reasonable
Replies: 36
Views: 2260

Re: Are these fees / returns reasonable

I think the fidelity 4 in 1 index fund is a 75/25 allocation. It sits at 6.06% annualized return for 10 years and has a .11% ER.

It would cost you about $2,300 per year.

It's easy to see who is making out on this arrangement.

Good luck,

JT
by bottlecap
Sun Aug 21, 2016 1:50 pm
Forum: Personal Consumer Issues
Topic: Tips for a 1000 miles car trip with toddler and baby
Replies: 100
Views: 3711

Re: Tips for a 1000 miles car trip with toddler and baby

I would have a family meeting just prior to the trip and explain to the toddler and the baby what your plan is and how much you would appreciate their cooperation. I think with some frankness the trip will go swimmingly. Okay. That's funny. I admit it. P.S. My wife suggests getting a few toys from ...
by bottlecap
Sun Aug 21, 2016 1:49 pm
Forum: Personal Consumer Issues
Topic: New Cars and Safety upgrades
Replies: 31
Views: 1619

Re: New Cars and Safety upgrades

Every time there is one of these car safety discussions, I amazed by the number of people who discount the danger of vehicle travel. Perhaps you are reading into this only what you want, therefore you come to the same conclusion each time? Everyone is aware of how dangerous car travel is. Everyone ...
by bottlecap
Sun Aug 21, 2016 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: SolarCity SolarBonds 6.5%
Replies: 28
Views: 3414

Re: SolarCity SolarBonds 6.5%

Linky What do you guys think? Unnecessarily risky and speculative? I'm thinking the same, but so tempting. That's why they're tempting. They are risky. I have not researched Solar City, but the name implies company that soaks up government subsidies and tax credits. There are two types of companies...
by bottlecap
Sun Aug 21, 2016 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Seemingly Too Good To Be True Investment Opportunity: Invest or Don't?
Replies: 85
Views: 6279

Re: Seemingly Too Good To Be True Investment Opportunity: Invest or Don't?

Since we are friends some of my questions are obviously pressing on sensitive areas and he is hesitant to provide me with complete and unfettered access. Red flag 1. If he wants you to invest and you are such good friends, why is he hesitant to disclose everything? The SEC would require such disclo...
by bottlecap
Sun Aug 21, 2016 12:52 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on coffee/tea?
Replies: 58
Views: 2522

Re: How much do you spend on coffee/tea?

About a buck a day, so $30 per month, give or take a few bucks. That's just for me - my wife doesn't drink the stuff.

JT
by bottlecap
Sun Aug 21, 2016 6:25 am
Forum: Personal Consumer Issues
Topic: Tips for a 1000 miles car trip with toddler and baby
Replies: 100
Views: 3711

Re: Tips for a 1000 miles car trip with toddler and baby

My advice is have a plan B involving another possible stay at a hotel. It's possible you won't need it, but it will take you at least 20% longer with the kids to make your drive. And you might need the rest. You might also look into an extra car seat cover. You will likely have at least one blowout ...
by bottlecap
Sat Aug 20, 2016 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a new car?
Replies: 62
Views: 3832

Re: Can I afford a new car?

It's simple since you already have a car:

If you don't need to finance it, you can afford it.

Otherwise, you can't afford it.

JT

P.S. Most cars are one major problem away from being worthless, no? That's a bit of a silly benchmark.
by bottlecap
Sat Aug 20, 2016 7:17 pm
Forum: Personal Consumer Issues
Topic: New Cars and Safety upgrades
Replies: 31
Views: 1619

Re: New Cars and Safety upgrades

I believe buying a new car for safety reasons is highly overrated. The vehicle I drive is 17 years old and has since been found to be one of the most dangerous vehicles made that year. I can't recall if it was one or two. But the flaws were mostly driver error and I don't drive dumb anymore, so it's...
by bottlecap
Sat Aug 20, 2016 10:02 am
Forum: Personal Consumer Issues
Topic: Has a SUV helped anyone's back?
Replies: 22
Views: 1341

Re: Has a SUV helped anyone's back?

I don't think being seated higher will help your back - that's just elevation. Unless your problem is solely when you get out of the car and the car is really low.

Getting a car with a better seat might help, but I doubt an SUV has anything to do with it.

JT
by bottlecap
Fri Aug 19, 2016 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Self-drafting prenuptial agreement in CA
Replies: 17
Views: 1162

Re: Self-drafting prenuptial agreement in CA

I don't know the law in CA, but prenups are a funny thing and are generally disfavored but courts, for lack of a better term (the state has its own laws and they like to enforce them!). Prenups are harder than wills to do right and involve more than drafting considerations to be valid. I would not d...
by bottlecap
Fri Aug 19, 2016 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Borrowing money to invest. Good idea?
Replies: 68
Views: 4227

Re: Borrowing money to invest. Good idea?

In answering many of my questions, you speak in riddles, which is a little suspicious! If my thoroughly explained, realistic, example is a riddle to you, then there is little point in further discussion. Earl You're not kidding! To the OP: Unless you really think that current market risk justifies ...
by bottlecap
Fri Aug 19, 2016 6:42 am
Forum: Investing - Help with Personal Investments
Topic: Borrowing money to invest. Good idea?
Replies: 68
Views: 4227

Re: Borrowing money to invest. Good idea?

Let's say you have a 70/30 portfolio, 100k in taxable and that much in 401k/Roth combined. The taxable came from a 100k loan at 3.2% for 15 years comprising half the original equity. You'd have a monthly payment of $700. In answering many of my questions, you speak in riddles, which is a little sus...
by bottlecap
Thu Aug 18, 2016 5:42 am
Forum: Investing - Help with Personal Investments
Topic: Borrowing money to invest. Good idea?
Replies: 68
Views: 4227

Re: Borrowing money to invest. Good idea?

I think those who think there is a difference between not using extra cash to pay off a mortgage and borrowing to invest are guilty of anchoring. Properly done, and with the right resources, borrowing to invest is no more risky than not paying off a mortgage. I still don't understand how, if you ha...
by bottlecap
Wed Aug 17, 2016 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Borrowing money to invest. Good idea?
Replies: 68
Views: 4227

Re: Borrowing money to invest. Good idea?

Great idea if the market soars. Useless to bad if the market goes nowhere. Very bad idea if the market goes down. Devastatingly bad idea if the market crashes. If it works, it won't make you much richer. If it doesn't work, you could wind up in bankruptcy. Small reward vs. catastrophic risk. I don'...
by bottlecap
Wed Aug 17, 2016 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: Borrowing money to invest. Good idea?
Replies: 68
Views: 4227

Re: Borrowing money to invest. Good idea?

Great idea if the market soars. Useless to bad if the market goes nowhere. Very bad idea if the market goes down. Devastatingly bad idea if the market crashes. If it works, it won't make you much richer. If it doesn't work, you could wind up in bankruptcy. Small reward vs. catastrophic risk. Why mak...
by bottlecap
Wed Aug 17, 2016 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Help. My boss is expecting me to read her mind.
Replies: 53
Views: 3391

Re: Help. My boss is expecting me to read her mind.

Is it possible you are engaging in a bit of passive-aggressive behavior as well? Asking for "training" about what to abbreviate seems over the top. She does not seem a good boss, but I understand why you might not need to abbreviate YMCA. Document your efforts and comply with your boss's w...
by bottlecap
Tue Aug 16, 2016 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: buying used car smarter than buying new?
Replies: 89
Views: 4561

Re: buying used car smarter than buying new?

I guess this is one of the age-old debates that everyone has a different, and largely anecdotal, opinion about. I've done both "buy new and drive forever" (once) and "buy used and drive forever" (thrice: but 2 got mushed). I'll say a got a whole lot more vehicle for the buck buyi...
by bottlecap
Mon Aug 15, 2016 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: buying used car smarter than buying new?
Replies: 89
Views: 4561

Re: buying used car smarter than buying new?

The price of used cars does appear to have risen over the last half-decade, but I still think buying used makes a lot of sense. It helps to be selective, to have a mechanic, and to know a little bit about cars, too. Also check the internet about common problems with the make and model. Know that you...
by bottlecap
Sun Aug 14, 2016 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Any lawyers out there. Bike hits car, minor and parents have no insurance
Replies: 91
Views: 6452

Re: Any lawyers out there. Bike hits car, minor and parents have no insurance

Can you barter for yard work, cleaning the garage etc. that could work off the debt? I go for that. Drop the attempt to get cash, way too much aggravation. Stuff happens. But that's a great idea. No. Ther are all sorts of potential pitfalls with this. And you don't even know these people. What if s...
by bottlecap
Fri Aug 12, 2016 10:12 am
Forum: Personal Consumer Issues
Topic: Try to Fix Old LED TV or Buy New
Replies: 57
Views: 2709

Re: Try to Fix Old LED TV or Buy New

Err not so much ... At this point it often does end up being cheaper to buy new than sending it out for factory repair. Not sure what you're disagreeing with. The whole point of my post was that it doesn't make sense to have anyone else fix it, but it does make sense to fix it yourself in many case...
by bottlecap
Thu Aug 11, 2016 2:29 pm
Forum: Personal Consumer Issues
Topic: air conditioning filters
Replies: 36
Views: 2579

Re: air conditioning filters

I'm not an AC specialist, but I highly doubt the filter you had caused any problems with the fan. I think the repair man either didn't know what he was talking about or was fore some reason intentionally misinforming you. That's why know one has been of any help: the question doesn't make sense. Jus...
by bottlecap
Thu Aug 11, 2016 2:22 pm
Forum: Personal Consumer Issues
Topic: Try to Fix Old LED TV or Buy New
Replies: 57
Views: 2709

Re: Try to Fix Old LED TV or Buy New

Regretfully, I decided some time ago that the world has changed and that wasteful replacement is often the rational approach in many cases. Not to derail your thoughts, but the real issue to all of this is the cost of fixing things locally, primarily consisting of overhead and labor, vs. buying a r...
by bottlecap
Thu Aug 11, 2016 7:03 am
Forum: Personal Consumer Issues
Topic: Try to Fix Old LED TV or Buy New
Replies: 57
Views: 2709

Re: Try to Fix Old LED TV or Buy New

Like others, I would buy new. Unlike others, I would highly recommend steering clear of the bottom of the line brands like the one you have. Any television that costs $300 probably falls into this category. Save up your pennies and buy a higher quality brand. The problem is that the likely issue OP...
by bottlecap
Thu Aug 11, 2016 6:48 am
Forum: Personal Consumer Issues
Topic: Try to Fix Old LED TV or Buy New
Replies: 57
Views: 2709

Re: Try to Fix Old LED TV or Buy New

Based on the little information you provided, I'd be willing to bet a capacitor in the power supply has failed. A $1-$4 part that's easily replaced DIY if you have a soldering iron. A repair shop would likely charge for a new power supply, and would charge you way too much. No test equipment requir...
by bottlecap
Wed Aug 10, 2016 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Move for better schools and commute?
Replies: 17
Views: 1140

Re: Move for better schools and commute?

I would. The only question is how much house can you afford. If you are comfortable with your numbers, I'd go for it.

JT
by bottlecap
Tue Aug 09, 2016 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Reasonable cost for a will?
Replies: 16
Views: 1536

Re: Reasonable cost for a will?

Depends on what you want/need and where you live.

I would use an attorney.

A will, power of attorney, healthcare power of attorney, and advance directive for both of you will likely run between $500 and $1,000.

JT
by bottlecap
Mon Aug 08, 2016 7:03 am
Forum: Personal Finance (Not Investing)
Topic: Travel for a Year with Family - Career Impact?
Replies: 35
Views: 3485

Re: Travel for a Year with Family - Career Impact?

Only you can know what the likely effect on your compensation will be. I would also posit that you could take 6 months rather than a year to minimize the impact of your "obsolescence". Finally, if you think your job is stressful, try travelling with 6 kids between the ages of 3-9 for any l...
by bottlecap
Sun Aug 07, 2016 10:05 pm
Forum: Personal Consumer Issues
Topic: Should I lease a Tesla?
Replies: 101
Views: 6168

Re: Should I lease a Tesla?

It says "cool" better than an iWatch. Get it.
by bottlecap
Sun Aug 07, 2016 7:21 am
Forum: Personal Finance (Not Investing)
Topic: How should I pay for garage renovation?
Replies: 10
Views: 968

Re: How should I pay for garage renovation?

I'd use cash. That's what cash is for.

Good luck,

JT
by bottlecap
Fri Aug 05, 2016 7:07 pm
Forum: Personal Consumer Issues
Topic: new potential tenants negotiating on rent
Replies: 72
Views: 6471

Re: new potential tenants negotiating on rent

Sounds to me like they think it's a good deal, but feel like they should try for less anyway. If the house will rent for $1,600, I'd say the fair rental value is $1,600.

If they really are good renters, maybe you don't up the rent on them next year.

JT
by bottlecap
Fri Aug 05, 2016 7:09 am
Forum: Personal Consumer Issues
Topic: Toyota care plus prepaid maintenance
Replies: 50
Views: 9683

Re: Toyota care plus prepaid maintenance

From the price charged, the water pump likely was under warranty. That's at least a $600 repair at a dealer, likely more.

Regardless of who is being charged, that list shows that the dealer is routinely doing unnecessary items. I can't remember the last time I had the alignment done.

JT
by bottlecap
Wed Aug 03, 2016 10:24 pm
Forum: Personal Consumer Issues
Topic: Expensive car maintenance or allocate to next car fund?
Replies: 37
Views: 2271

Re: Expensive car maintenance or allocate to next car fund?

Simple. If you want a new car, go out and buy one. Don't let routine maintenance be the excuse. Unless your car has serious issues (which it doesn't), this is a "What do I want?" decision, not a "What is financially best?" decision. There's nothing wrong with wanting a new car. JT
by bottlecap
Wed Aug 03, 2016 2:45 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 689
Views: 113388

Re: Boglehead Beer

BruDude wrote:And yes, KBS is magical.


It's damn good. Not wait in line for an hour to get 2 bottles good, but close.

Luckily, the more pedestrian "Breakfast Stout" is very good and doesn't require standing in much of a line.

JT
by bottlecap
Tue Aug 02, 2016 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Is my IRA really an IOU to the IRS??
Replies: 58
Views: 5971

Re: Is my IRA really an IOU to the IRS??

Convert some traditional into Roth?

You shouldn't be surprised you will pay taxes on a traditional IRA paid for by income that was never taxed in the first place. That was the dealing going into it.

JT
by bottlecap
Tue Aug 02, 2016 1:15 pm
Forum: Personal Consumer Issues
Topic: Toyota care plus prepaid maintenance
Replies: 50
Views: 9683

Re: Toyota care plus prepaid maintenance

Interesting. When I went to Just Tires for some new tires, the service tech actually suggested that I continue to get my oil changed at Honda and that the car would last longer. He said that's what he does with his car. And he works at a place that does oil changes. He's wrong. The only thing that ...
by bottlecap
Tue Aug 02, 2016 12:40 pm
Forum: Personal Consumer Issues
Topic: Toyota care plus prepaid maintenance
Replies: 50
Views: 9683

Re: Toyota care plus prepaid maintenance

I don't understand why everyone thinks the dealer service department is going to just "find" things. Because that's what they do and that's how they make money. Wouldn't the same be true for ANY mechanic? I just don't understand this notion that dealer service departments are any more sha...

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