Search found 4075 matches

by bottlecap
Mon Feb 27, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Deciding how much house to get
Replies: 22
Views: 2264

Re: Deciding how much house to get

If you plan to get married, understand whatever you buy will be temporary. And you'll be paying realtor fees on its value before long. I bought something meant to be temporary a few years out of school and am glad I did. I didn't realize that the need to buy a house together once you got married was...
by bottlecap
Mon Feb 27, 2017 7:36 am
Forum: Personal Consumer Issues
Topic: Outdoor grill: gas or electric?
Replies: 38
Views: 1675

Re: Outdoor grill: gas or electric?

2tall4economy wrote:Interesting that the responses suggest almost no one read the actual question - gas or electric. That said, I think you can take away that electric shouldn't be under consideration and charcoal should be.


We read the question and gave him the same answer you did...
by bottlecap
Sun Feb 26, 2017 9:03 pm
Forum: Personal Consumer Issues
Topic: Outdoor grill: gas or electric?
Replies: 38
Views: 1675

Re: Outdoor grill: gas or electric?

Gas is the easiest. And done, right, very few could tell the difference.

I love the idea of charcoal, but I grill 4 to 5 times a week and would grill maybe twice per week - tops - if I used charcoal.

JT
by bottlecap
Sun Feb 26, 2017 8:58 pm
Forum: Personal Consumer Issues
Topic: Used German Luxury vs New Japanese
Replies: 44
Views: 2738

Re: Used German Luxury vs New Japanese

I'd go Japanese hands down, but if the "driving experience" is worth expensive maintenance to you, then who am I to say?

I agree with you on the Lexus styling, though.

I use my vehicle to get to work and haul stuff. Not very sexy stuff and I don't want it in the shop.

JT
by bottlecap
Sun Feb 26, 2017 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: "Tithing" money to your parents?
Replies: 12
Views: 1691

Re: "Tithing" money to your parents?

Ignoring the implied tax fraud option, the best option is to just send them 500/month. That's it. It's not taxable income to them and it sure isn't deductible to you. There are literally no other choices. I was not implying tax fraud. I could easily come up with responsibilities for my mother to ta...
by bottlecap
Sat Feb 25, 2017 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Bogleheads' Philosophy a Generalization?
Replies: 51
Views: 2482

Re: Bogleheads' Philosophy a Generalization?

Do I have this correct, the Bogleheads' strategy is to invest in low cost index funds because they perform as well as or outperform 98% (or some near perfect number) of all mutual funds? If so, what about the other 2%? Apparently it's not hard to find funds that have been outperforming indexes and ...
by bottlecap
Fri Feb 24, 2017 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing a new house -- Are we being stupid to consider it?
Replies: 35
Views: 3786

Re: Purchasing a new house -- Are we being stupid to consider it?

You are doing great. You don't say what you new mortgage payment will be, but I imagine it will close to double with taxes and insurance. I would be very worried about swinging any of the options on $190k. You are stretching the limits even if a bank will take a chance on you. Being house poor can b...
by bottlecap
Fri Feb 24, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 119
Views: 6881

Re: risk of my Tesla deposit

Money is at risk anytime you give it to a company as a consumer. If the company goes belly up, your money is likely gone. I would not lose sleep over a small deposit on an uber-luxury item, though. If you can afford one of these cars, I don't think you need to become a stock analyst to preserve your...
by bottlecap
Wed Feb 22, 2017 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating Obamacare penalty
Replies: 19
Views: 975

Re: Calculating Obamacare penalty

Have him use this exemption calculator. It considers whether you had an opportunity to buy employer-based coverage during the months you were uncovered. I presume this answer is "no" based on your original post. I sincerely hope this helps: https://www.healthcare.gov/exemptions-tool/#/ JT
by bottlecap
Wed Feb 22, 2017 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating Obamacare penalty
Replies: 19
Views: 975

Re: Calculating Obamacare penalty

Sorry for the responses you have received here. I don't know for sure, but I think your son may be stuck with a penalty despite not having had an income to afford insurance for 6 months and not applying for a handout. It is unfair. But no one has sympathy for unfair if you earn a living anymore. You...
by bottlecap
Wed Feb 22, 2017 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: What are they trying to sell me here?
Replies: 27
Views: 2712

Re: What are they trying to sell me here?

Whole life or variable life. Next question!

JT
by bottlecap
Wed Feb 22, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on girlfriend debt/finances
Replies: 82
Views: 6858

Re: Need advice on girlfriend debt/finances

OP, Life isn't just about dollar sign or a bigger headstone. It's also about love and relationship. It's about service to your fellow humans. My thinking is this: give it another few months and the answer will reveal itself. I got this free advice from a very good author and therapist friend of min...
by bottlecap
Wed Feb 22, 2017 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on girlfriend debt/finances
Replies: 82
Views: 6858

Re: Need advice on girlfriend debt/finances

OP, tread carefully. You are not financially compatible. I'm willing to give some slack about finances since she's young, but if you are concerned about this as you say, trust your gut. Being unable to hold down a full time regular job due to stress is a big red flag, too. Only you decide how to eva...
by bottlecap
Wed Feb 22, 2017 7:30 am
Forum: Investing - Theory, News & General
Topic: Warren Buffett v. Bogleheads
Replies: 40
Views: 4224

Re: Warren Buffett v. Bogleheads

But he says it's all fun. Just like Buffett says, tip-tapping each morning to his office. Indexing is for us lazies. We are too lazy even to gauge when others are greedy/fearful. Just admit it. I do :wink: He's not investing, he's doing his job. And he likes it. Similar to what Buffett does. I don'...
by bottlecap
Tue Feb 21, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Is 60/40 too conservative for 31 year old?
Replies: 56
Views: 4564

Re: Is 60/40 too conservative for 31 year old?

I don't think there is anything wrong with it. It's about comfort and need. If you save enough to be able to reach your goals and your wife is not comfortable with more risk, then 60/40 is just fine.

Honestly, most people would probably do well with a 60/40 allocation.

JT
by bottlecap
Tue Feb 21, 2017 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: When to Jump In
Replies: 17
Views: 1381

Re: When to Jump In

The advice is not never to by "high" because no one knows what "high" is. Today's highs could be the lowest the market ever is. The basic advice is to pick an asset allocation and jump in. However, many people can't help but want to wait to see what will happen in the future befo...
by bottlecap
Tue Feb 21, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: What are the big things to get right?
Replies: 58
Views: 6290

Re: What are the big things to get right?

Save
Asset Allocation
Low Cost Investments
Stick to it!
by bottlecap
Tue Feb 21, 2017 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: "High conviction investing"
Replies: 26
Views: 1351

Re: "High conviction investing"

Sounds like it to me!

Interesting.
by bottlecap
Tue Feb 21, 2017 2:59 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett v. Bogleheads
Replies: 40
Views: 4224

Re: Warren Buffett v. Bogleheads

I don't think Buffett's "advice" is intended as an investment strategy, so there is nothing to reconcile. He is merely pointing out that it is wise to be wary of mania and rarely pays to remain bearish forever. Basically, don't let you emotions rule your investing. In fact, you could take ...
by bottlecap
Mon Feb 20, 2017 9:43 am
Forum: Personal Consumer Issues
Topic: Costco: 6 quarts of Mobil 1 $27.99, normally $37.99
Replies: 47
Views: 4355

Re: Costco: 6 quarts of Mobil 1 $27.99, normally $37.99

Why wouldn't you typically purchase several 5qt jugs at Walmart, instead of a 5qt and a 1qt container? Because one container would have to remain open for extended periods. Maybe this doesn't matter though. Yeah, it doesn't matter unless you are talking more than a few years. The oil I "store&...
by bottlecap
Mon Feb 20, 2017 9:35 am
Forum: Personal Consumer Issues
Topic: Car door interior lining
Replies: 4
Views: 322

Re: Car door interior lining

I'm confused about what "lining" is, too. I will say that a glue gun works wonders and would likely work where gorilla glue won't.

JT
by bottlecap
Sun Feb 19, 2017 8:48 pm
Forum: Investing - Theory, News & General
Topic: I think some criticisim of active management is wrong.
Replies: 22
Views: 1994

Re: I think some criticisim of active management is wrong.

The question is whether you can pick the manager that isn't fishing in poisoned waters ahead of time.

I can't. If you can, go for it.

JT
by bottlecap
Sun Feb 19, 2017 10:54 am
Forum: Investing - Theory, News & General
Topic: US debt approaching $20 Trillion
Replies: 18
Views: 1129

Re: US debt approaching $20 Trillion

You don't know, I don't know, no one knows for sure.

You can't either guess and make a bet, or maintain a diversified portfolio.

JT
by bottlecap
Sun Feb 19, 2017 9:50 am
Forum: Personal Finance (Not Investing)
Topic: 1.3 million dollars in debt
Replies: 36
Views: 8188

Re: 1.3 million dollars in debt

If you have extra money or tax write off, just pay down the debt if you're worried. Most people have some sort of debt their whole lives. You can pay it all off by 32 and earn $1 million per year. What exactly are you worried about? If the pipe dream of student loan forgiveness comes true - and it i...
by bottlecap
Sun Feb 19, 2017 9:41 am
Forum: Investing - Help with Personal Investments
Topic: Thinking of Leaving Vanguard Personal Advisory program
Replies: 26
Views: 3423

Re: Thinking of Leaving Vanguard Personal Advisory program

Think think not having to fiddle with anything and not having the opportunity to be tempted to time the market is worth 0.30% per year.

JT
by bottlecap
Sat Feb 18, 2017 10:32 pm
Forum: Personal Consumer Issues
Topic: Long Day Trip: Drive Old Car or Rent Car?
Replies: 59
Views: 3411

Re: Long Day Trip: Drive Old Car or Rent Car?

By your calculation, you save about $13 by renting. If the fun of having a different car minus the process of renting is worth the 13 bucks for you, go for it. The rest of your reasoning is bogus. JT Way to call someone's thoughts bogus. Renting a car for a road trip would be fun. Read. Please. I a...
by bottlecap
Sat Feb 18, 2017 8:43 pm
Forum: Personal Consumer Issues
Topic: Long Day Trip: Drive Old Car or Rent Car?
Replies: 59
Views: 3411

Re: Long Day Trip: Drive Old Car or Rent Car?

By your calculation, you save about $13 by renting. If the fun of having a different car minus the process of renting is worth the 13 bucks for you, go for it.

The rest of your reasoning is bogus.

JT
by bottlecap
Fri Feb 17, 2017 10:52 am
Forum: Personal Finance (Not Investing)
Topic: How to sell a funeral plot located in Hawaii on the slopes of Diamond Head (great views)?
Replies: 31
Views: 1921

Re: How to sell a funeral plot located in Hawaii near Diamond Head?

[Post removed --admin LadyGeek]


Although culturally insensitive, I personally tend to agree.

I don't think it matters if you are there or not, I'd call the paper to list them. There's got to be a site online to list them, too, if not eBay or Craigslist.

JT
by bottlecap
Thu Feb 16, 2017 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Tires for an old car
Replies: 42
Views: 2629

Re: Tires for an old car

Although it's very difficult to confirm via the internet, the transmission speed sensor seems like the most obvious culprit given the code.

Do please report back so we have some closure, though!

JT
by bottlecap
Thu Feb 16, 2017 7:31 am
Forum: Personal Consumer Issues
Topic: I may be a workaholic?
Replies: 24
Views: 2073

Re: I may be a workaholic?

I agree that it's not a problem for you if you enjoy it.

If it is a problem for your spouse, then you certainly could cut back based on your financial situation.

Congratulations!

JT
by bottlecap
Wed Feb 15, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Investing Advice for Baby/Infant
Replies: 15
Views: 1175

Re: Investing Advice for Baby/Infant

Open a 529 plan if you can afford it. There are tax benefits to be had. Other than that, just be a good parent. I think as Bogleheads - especially new(ish) ones, we get a little too excited about saving early (I consider any other accounts at 4 mos at tad early...) and forget that money is fungible....
by bottlecap
Wed Feb 15, 2017 11:05 am
Forum: Investing - Help with Personal Investments
Topic: What to do with daughter's $100
Replies: 73
Views: 4097

Re: What to do with daughter's $100

Things certainly sound better than you first described, given that she is paying rent and some expenses. I think it's great that you are trying to get her motivated and are keeping an open mind. Two other things came to my mind. One is a career coach if she just doesn't know what she wants to do. I ...
by bottlecap
Wed Feb 15, 2017 10:58 am
Forum: Personal Consumer Issues
Topic: I want to ditch the cable company's modem
Replies: 51
Views: 3314

Re: I want to ditch the cable company's modem

Go to Costco and buy the motorola surfboard model they carry. $80. Done!

JT
by bottlecap
Wed Feb 15, 2017 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Where to buy rare steaks?
Replies: 28
Views: 1965

Re: Where to buy rare steaks?

Believe it or not I bought a nice steak from our local butcher and did not enjoy. Can't remember the exact cut though. Bought the same thing from Wal Mart as a trial and really enjoyed it. Maybe my palate is in decline. Easier on my wallet though :D Same thing happened to me. My wife picked up a ri...
by bottlecap
Wed Feb 15, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Where to buy rare steaks?
Replies: 28
Views: 1965

Re: Where to buy rare steaks?

I was surprised to read that Costco blade tenderizes their beef.... so I had to look it up. It appear like at least some of their beef is tenderized, and they say it is labeled as such. I buy about 50% - 75% of my steak from Costco (prime rib-eyes lately - $$). The warning is in small, unobtrusive ...
by bottlecap
Wed Feb 15, 2017 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Where to buy rare steaks?
Replies: 28
Views: 1965

Re: Where to buy rare steaks?

I was surprised to read that Costco blade tenderizes their beef.... so I had to look it up. It appear like at least some of their beef is tenderized, and they say it is labeled as such. I buy about 50% - 75% of my steak from Costco (prime rib-eyes lately - $$). The warning is in small, unobtrusive ...
by bottlecap
Tue Feb 14, 2017 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Where to buy rare steaks?
Replies: 28
Views: 1965

Re: Where to buy rare steaks?

There are few things I enjoy more than eating a cut of bloody rare steak. However, I'm loathe to buy steaks from the supermarket and eat them rare at home. I honestly don't trust the quality. Where do you obtain high quality steaks you can enjoy rare at home while minimizing the risk of getting sic...
by bottlecap
Mon Feb 13, 2017 2:30 pm
Forum: Personal Consumer Issues
Topic: New car for wife and what to do with old car
Replies: 48
Views: 2399

Re: New car for wife and what to do with old car

Rent a minivan for a week. Then rent a small SUV. Your wife will love the minivan. If she doesn't, her inconvenience with a small SUV is (mostly) not your problem.

JT
by bottlecap
Mon Feb 13, 2017 10:23 am
Forum: Investing - Help with Personal Investments
Topic: What to do with daughter's $100
Replies: 73
Views: 4097

Re: What to do with daughter's $100

Sounds like an earnings problem more than a savings problem. Sorry to say, this, but she needs to get a new career plan or move out on her own. You are the only one that can make her. At the least, I would make it very uncomfortable for her to live with you, like make her turn over all her income an...
by bottlecap
Sun Feb 12, 2017 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: suggested auto liability levels?
Replies: 13
Views: 1095

Re: suggested auto liability levels?

I'll pass on the recommendation for 100/300/100. Thanks for your collective wisdom. He needs to worry about being the one injured and the other driver only having minimum coverage. He should should consider high UM/UIM and possibly an umbrella that will cover him. In some states, it is estimated th...
by bottlecap
Sun Feb 12, 2017 3:57 pm
Forum: Personal Consumer Issues
Topic: Need to replace rear shocks?
Replies: 22
Views: 835

Re: Need to replace rear shocks?

Can you look to see if they are leaking? You can see all sorts of stuff if you get under your car with a light. I, too, would be skeptical of the dealer's claims. Bad shocks on a gently used minivan that started at 50,000 sounds sketchy. Next time go to the independent to get on oil change. Ask them...
by bottlecap
Sun Feb 12, 2017 3:51 pm
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 14826

Re: Why do you go to restaurants?

Since we had kids, we almost never eat out. It's just too costly, plus my wife is a good cook and I cook a number of things pretty well that even a pretty good restaurant can't match. Nonetheless, we sometimes eat out for convenience (it's never terribly convenient with kids, though). Most of the ti...
by bottlecap
Sun Feb 12, 2017 3:36 pm
Forum: Personal Consumer Issues
Topic: Terrible negotiator - need help with words to use [Buying a car]
Replies: 94
Views: 6140

Re: Terrible negotiator - need help with words to use [Buying a car]

"It's the color I want..." This is part of the problem. Your only threat is to walk away if you already have your heart set on exactly what they have. And if that's the case, why would you walk away? You need something to negotiate. Color, options, another make or model, and maybe other of...
by bottlecap
Sat Feb 11, 2017 10:06 am
Forum: Personal Consumer Issues
Topic: Convince Wife for Honda Odyssey
Replies: 48
Views: 2639

Re: Convince Wife for Honda Odyssey

Rent one for a week.

Everyone is against a minivan until they actually use one.

JT
by bottlecap
Fri Feb 10, 2017 8:06 am
Forum: Personal Consumer Issues
Topic: mattresses and alcohol (bourbon, scotch, whiskey)
Replies: 45
Views: 3763

Re: mattresses and alcohol (bourbon, scotch, whiskey)

OK, so it appears that others are more comfortable having a master distiller water down their drinks than I am. It appears they get paid by the brewery. The master distiller knows more about bourbon than you or I, so yes, I'm comfortable with that. Otherwise I would not buy the product. And there a...
by bottlecap
Wed Feb 08, 2017 4:00 pm
Forum: Investing - Theory, News & General
Topic: Rand Paul predicts bubble / boom in stock market
Replies: 16
Views: 1546

Re: Rand Paul predicts bubble / boom in stock market

If the opinions of career economists are useless to predict market movements, why would you listen to politicians? I'm not making a comment on the senator, but politicians misrepresent things at least as much as they are wrong about things. If you do the calculus, that leaves very little of what the...
by bottlecap
Wed Feb 08, 2017 2:38 pm
Forum: Investing - Theory, News & General
Topic: Is Traditional Passive Investing Truly Passive?
Replies: 8
Views: 665

Re: Is Traditional Passive Investing Truly Passive?

Who cares if it works? Let's assume it's not "passive" according this windy explanation. Why does it matter? Isn't it pedantic to claim the definition of passive matters when one is arguing against passive (or really index) investing in general? Invest passively because you think it is the...
by bottlecap
Wed Feb 08, 2017 12:10 pm
Forum: Personal Consumer Issues
Topic: Rule of Thumb for Getting Rid of Car
Replies: 40
Views: 3534

Re: Rule of Thumb for Getting Rid of Car

If you really think the transmission will go, then looking into replacing is legitimate.

But his is not a new vs repair decision or rule of thumb. This is an "I bought a poorly made car, should I cut my losses" thread.

If you decide you should, don't buy another bad car!

JT
by bottlecap
Wed Feb 08, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: John Hancock 401(k)
Replies: 21
Views: 868

Re: John Hancock 401(k)

My wife had JH until recently. They are annuitized funds. Cheapest we was .57 for an index fund. With other fees account fee, broker's fee, the cost per year was at least 1.57% for the cheapest fund. They don't advertise these fees and the rep misreprented their existence at the meeting. I later pin...

Go to advanced search