Search found 3997 matches

by inbox788
Tue Sep 19, 2017 4:15 am
Forum: Personal Consumer Issues
Topic: New or used Lexus ES300h?
Replies: 25
Views: 2057

Re: New or used Lexus ES300h?

Didn't see or missed if anyone commented about hybrid repair expertise, parts availability and costs. Do you have a mechanic that can figure out things? Are you going to DIY? The experience in ICE cars is generally good, but lower volume cars have harder time finding some parts. The hybrid part mak...
by inbox788
Tue Sep 19, 2017 4:11 am
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund: Am I thinking about this correctly?
Replies: 16
Views: 824

Re: Donor Advised Fund: Am I thinking about this correctly?

Yes, donate the shares if you can to further reduce your tax liability.
by inbox788
Sat Sep 16, 2017 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Pension - 5 Year Certain and Life ?
Replies: 14
Views: 876

Re: Pension - 5 Year Certain and Life ?

We just went through this process when my wife chose to retire from her hazard duty position. When we ran the numbers, give our situation/ages, the 100% spousal/survivor option, from a mathematical and emotional perspective, was the clear winner I would urge you to run the numbers carefully. Best o...
by inbox788
Sat Sep 16, 2017 12:03 am
Forum: Investing - Help with Personal Investments
Topic: Help With Asset Allocation - 7 years to retirement
Replies: 10
Views: 1353

Re: Help With Asset Allocation - 7 years to retirement

My AA has been overweight equities for some time (good problem to have IMO, since I'm ahead of schedule due to higher than projected returns). Rather than make a rebalance, I've been adding more to bonds and letting the equities overweight ride with mostly good results (i.e. higher risk). Things got...
by inbox788
Fri Sep 15, 2017 11:43 pm
Forum: Personal Consumer Issues
Topic: New or used Lexus ES300h?
Replies: 25
Views: 2057

Re: New or used Lexus ES300h?

Didn't see or missed if anyone commented about hybrid repair expertise, parts availability and costs. Do you have a mechanic that can figure out things? Are you going to DIY? The experience in ICE cars is generally good, but lower volume cars have harder time finding some parts. The hybrid part make...
by inbox788
Fri Sep 15, 2017 9:03 pm
Forum: Personal Consumer Issues
Topic: Repair 2003 Honda Accord?
Replies: 26
Views: 1588

Re: Repair 2003 Honda Accord?

I am wondering whether I should spend $1700 to replace front CV assemblies, lower control arms, outer tie rod, rack assembly. The Accord has 206K miles a lot of it highway miles. I am not wanting to buy a brand new Accord becaude I think I can put another 100K miles on it. Any thoughts? You could s...
by inbox788
Fri Sep 15, 2017 4:30 pm
Forum: Personal Consumer Issues
Topic: The true cost of Luxury
Replies: 32
Views: 3541

Re: The true cost of Luxury

The top-20 universities know all this oh so well. Talk about domination! That I disagree with. Many jobs open up saying "top 20 university graduates apply", because their admissions process is stricter, more demand while supply of seats for incoming students is lesser. You might be right that quali...
by inbox788
Fri Sep 15, 2017 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Pension - 5 Year Certain and Life ?
Replies: 14
Views: 876

Re: Pension - 5 Year Certain and Life ?

I wouldn't bother. Compare to cost of buying a 5 year term life insurance policy to cover the payments. Should be similar.

Address needs separately as far as you can.
by inbox788
Fri Sep 15, 2017 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Average American Net Worth is $534,600?
Replies: 15
Views: 2243

Re: Average American Net Worth is $534,600?

If we counted negative net worth, wouldn't the average be zero? Accounting was never my strength. I could never balance assets and liabilities, and didn't understand where goodwill came and went. Where does NET net worth come from and where does it go? I get that if I find a $100 bill or I work and ...
by inbox788
Fri Sep 15, 2017 7:53 am
Forum: Personal Consumer Issues
Topic: Can not decide between washing machines
Replies: 47
Views: 2324

Re: Can not decide between washing machines

My LG came with hoses, even though online store made me buy extra set. Besides losing 3 cycles you probably never or seldom use, what else do you lose by going with a 9-cycle model? The $650 brings the cost closer to the others. https://www.lowes.com/pd/LG-TWINWash-Compatible-4-5-cu-ft-High-Efficien...
by inbox788
Mon Sep 11, 2017 2:23 pm
Forum: Personal Consumer Issues
Topic: Should I sell a car to simplify?
Replies: 16
Views: 972

Re: Should I sell a car to simplify?

Thanks all, sounds like the Corolla is gonna be sold. My wife will not drive the Pilot. Even though it drives quiet and IMO is dependable, she hates how the doors swing out, and prefers the compactness of the Mazda and sliding doors. I agree it is definitely a nuisance to have so many cars around a...
by inbox788
Mon Sep 11, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: For those planning early retirement....
Replies: 67
Views: 8279

Re: For those planning early retirement....

Also there has been a ten-year bull market. A lot of financially independent people who live on a tight budget might not be financially independent after a market crash. Today's 1% move probably pulled forward my early retirement date 2-3 months (think 4% SWR = 1 year, so 1% = 3 months). For younge...
by inbox788
Mon Sep 11, 2017 11:32 am
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 218
Views: 26406

Re: 2017 hedge fund contest

FYI: In case you haven't been paying attention like me, I just noticed AAPL is up 40% YTD. Not a popular choice amongst the amateur hedge fund managers here. Don't know if this is the same predilection among professionals, but it's well represented in the index funds and popular with the public inve...
by inbox788
Sun Sep 10, 2017 12:16 am
Forum: Investing - Help with Personal Investments
Topic: Anyone use Financial Engines?
Replies: 50
Views: 44229

Re: Anyone use Financial Engines?

My standing offer to any broker - if you can beat a 60/40 mix of VTI/BND (including your fees) , I will split all profits above that 50/50. But you have to agree to make up the difference if you fall below that. Any takers? >snicker> That's a fair deal. I'd consider taking you up on it. I'd simply ...
by inbox788
Sat Sep 09, 2017 5:27 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett's Long Bet
Replies: 60
Views: 11484

Re:

My understanding was that a T-bill was purchased for 600k-plus, meaning the investment would be worth a million in 10 years. Anyways, both sides have already ponied up. The winner keeps the other's million. http://fortune.com/2016/02/16/warren-buffett-loses-ground-in-million-dollar-bet/ At that poi...
by inbox788
Sat Sep 09, 2017 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Help me evaluate my Whole Life Policy....
Replies: 8
Views: 1177

Re: Help me evaluate my Whole Life Policy....

Net Gain Amount $3040 Net Cash Amount Available $9531 Cash Value $32484 Death Benefit Amount $32484 paid up additional ins. $2975 Yes, an inforce illustrations would be needed to figure this thing out. What company and policy type is this? The $9531 amount seems high. Are dividends same as net gain...
by inbox788
Sat Sep 09, 2017 4:29 pm
Forum: Personal Consumer Issues
Topic: Luxury car: perception vs reality
Replies: 118
Views: 5909

Re: Luxury car: perception vs reality

Warren Buffett drove a clunker for years and everyone kept commenting on what a frugal penny pincher he was. I think he finally got a Cadillac probably just to shut them up :D Buffett buying a Cadillac is penny pinching! http://money.cnn.com/2014/07/15/autos/warren-buffett-cadillac-xts/index.html J...
by inbox788
Fri Sep 08, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Should I do 20 or 25 Year Term Life Insurance?
Replies: 49
Views: 3218

Re: Should I do 20 or 25 Year Term Life Insurance?

20 years is good enough. Covers most of your needs and adding 50% more to the cost to meet an additional single digit improvement isn't worth it. How did you decide 1M was the correct amount? Why not 500k or 750k? Or 1.5M? Insurance agents will try to sell you more insurance as you net worth grows, ...
by inbox788
Fri Sep 08, 2017 12:30 am
Forum: Investing - Theory, News & General
Topic: Actually feeling pretty good about my active decisions
Replies: 20
Views: 2539

Re: Actually feeling pretty good about my active decisions

-I held about 15% of my portfolio in VDC through the 2015-2016 correction, where it returned about 18%, then sold it mid July 2016 when everyone was flocking to dividends. It's been basically flat since. It's also worth noting that I was a few basis points away from exchanging it for even more VWO ...
by inbox788
Fri Sep 08, 2017 12:15 am
Forum: Investing - Theory, News & General
Topic: the hurricane damages [Berkshire Hathaway's cash on-hand]
Replies: 25
Views: 2899

Re: the hurricane damages

Go read the last annual letter. The aren't writing hardly any cat insurance because premiums were too low. Houston residents lost almost 1 million cars. GEICO has a ~18% marketshare nationally. Assuming Houston, that's 180k total loss cars. Assuming 1/2 were fully covered and an average value of 15...
by inbox788
Thu Sep 07, 2017 11:47 pm
Forum: Personal Consumer Issues
Topic: Wanting a Portable Auto GPS
Replies: 65
Views: 3327

Re: Wanting a Portable Auto GPS

Just out of curiosity, how often do you change your route based on traffic info? I've done it a couple times and my non-scientific conclusion is that it didn't likely improve outcomes (of course, you never know). On top of that, most of the traffic issues where I am are at bridges - there aren't an...
by inbox788
Thu Sep 07, 2017 4:32 pm
Forum: Personal Consumer Issues
Topic: Wanting a Portable Auto GPS
Replies: 65
Views: 3327

Re: Wanting a Portable Auto GPS

I bought the Garmin with the largest screen. It sits up on the dash/sucker to glass, and reads out speed limit, current speed, etc, and also voice directions. The unit lives in my vehicle and goes with me if I travel and have to rent a car. For me, it works better than my iPhone because the screen ...
by inbox788
Thu Sep 07, 2017 2:07 pm
Forum: Investing - Theory, News & General
Topic: What does "beat the market" mean?
Replies: 40
Views: 1664

Re: What does "beat the market" mean?

I think both are true. I would suggest that the issue is one's definition of "the market." Many advisors I talked with and read about, seem to think that beating the S&P 500 (often without dividends accounted for) is the standard to aim for. I say beating the market has to an apples to apples compa...
by inbox788
Thu Sep 07, 2017 1:14 pm
Forum: Personal Consumer Issues
Topic: Wanting a Portable Auto GPS
Replies: 65
Views: 3327

Re: Wanting a Portable Auto GPS

I sometimes wonder why so many people seem so resistant to accepting that somebody might prefer a less favored option over a more favored one, like a dedicated navigation system over a smartphone. The use case for the POTS line is becoming marginalized the same way standalone GPS systems and paper ...
by inbox788
Thu Sep 07, 2017 4:13 am
Forum: Personal Consumer Issues
Topic: Wanting a Portable Auto GPS
Replies: 65
Views: 3327

Re: Wanting a Portable Auto GPS

GPS doesn't use that much data. The GPS receiver itself doesn't use any data. It's the GPS app that may require data. YMMV, but my experience has been less data usage than this estimate: It's estimated that you'll use about 6MB in data for 10 minutes of Google Maps usage. https://www.whistleout.com...
by inbox788
Tue Sep 05, 2017 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: 87-year old dad is interested in reverse mortgage
Replies: 13
Views: 1930

Re: 87-year old dad is interested in reverse mortgage

I've seen the TV ads with popular celebrities promoting these reverse mortgages. IMO, they've sold out and are promoting a bad product that shouldn't exist. The biggest lie is that you get to keep your home. I'd like to see statistics as to what percentage are actually kept vs. sold off to pay off t...
by inbox788
Mon Sep 04, 2017 6:33 pm
Forum: Personal Consumer Issues
Topic: Wanting a Portable Auto GPS
Replies: 65
Views: 3327

Re: Wanting a Portable Auto GPS

I just use my phone too. OP, what phone do you have? Data plan? GPS doesn't use that much data.
by inbox788
Mon Sep 04, 2017 12:15 pm
Forum: Personal Consumer Issues
Topic: repairman broke washing machine, what would you do?
Replies: 42
Views: 3917

Re: repairman broke washing machine, what would you do?

snip it: I don't think it's necessary to change a hose every few years, particularly if you're only running cold water through it. I consider this penny wise, pound foolish advice... Two of my neighbors, have had a washing machine source hose fail while they were away on a weeks vacation. The resul...
by inbox788
Sun Sep 03, 2017 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really need a trust?
Replies: 55
Views: 5662

Re: Do I really need a trust?

I am a California lawyer, and even though it kills me that I can't get someone to do it for me for free, I just pay for my will and trust. Seen too many car crashes with diy in this area. Were these crashes simple or complicated cases? What went wrong? I realize there is no one size fits all soluti...
by inbox788
Sun Sep 03, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Christine Benz: "75 Must-Know Statistics About Long-Term Care"
Replies: 24
Views: 3634

Re: Christine Benz: "75 Must-Know Statistics About Long-Term Care"

I wouldn't put too much faith in these statistic. It's important to consider the trends, but market forces, like gravity, eventually pull in reality. The very existence of LTCI creates a demand pull inflation. https://en.wikipedia.org/wiki/Demand-pull_inflation We see this in the inflation graph whe...
by inbox788
Sun Sep 03, 2017 1:26 pm
Forum: Personal Consumer Issues
Topic: repairman broke washing machine, what would you do?
Replies: 42
Views: 3917

Re: repairman broke washing machine, what would you do?

Water squirts out of the back and that wasn't a problem or the problem area! Did you check the hose connections? Where is the water coming out? +1 ...It may just be a hose not fastened/tightened properly. Did you check the hoses and connections yourself?... +1 The hose connections (at faucet or at ...
by inbox788
Sun Sep 03, 2017 1:07 am
Forum: Personal Consumer Issues
Topic: Would you rather (car wash/detail)
Replies: 31
Views: 2829

Re: Would you rather (car wash/detail)

Wash your own car? :shock: You can use soap and water if that's accessible and allowed or search out or ask about waterless products. Washing isn't the only issue. Depending on what soaps you use (i.e. avoid dishwashing soap and car wash soaps that strip off wax), it might matter more how often you ...
by inbox788
Sat Sep 02, 2017 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Life Insurance
Replies: 23
Views: 3214

Re: Buying Life Insurance

Agent also wants doctor to provide written record that there is no cardiac history with my parents. I am gonna try, but not sure whether the docstor is comfortable. Wow, and what's the doctor going to do? Become a detective or do a complete genology? Aside from knowing the parents or having them as...
by inbox788
Fri Sep 01, 2017 1:28 am
Forum: Investing - Theory, News & General
Topic: AAPL is midcap growth?
Replies: 5
Views: 1099

Re: AAPL is midcap growth?

I want to know more about that one Small Value fund that owns Apple! Could be fat finger. Small cap/midcap is sometimes split at $2B and Targa Pipeline Partners is just a bit over, so quite acceptable to be in either camp. https://finance.google.com/finance?q=apl Come to think of it, there was a ti...
by inbox788
Thu Aug 31, 2017 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Self insure vs Medigap when on "traditional" Medicare
Replies: 73
Views: 4595

Re: Self insure vs Medigap when on "traditional" Medicare

Be careful what you conclude from this. The others don't have stated annual OOP limits/caps but they can be effectively 0. E.g. with my plan F, I pay nothing..........either Medicare pays or the supplement pays (assuming it is a Medicare covered cost). I have plan F and didn't have to pay a nickel ...
by inbox788
Thu Aug 31, 2017 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: How many "investment" accounts do you have?
Replies: 61
Views: 6095

Re: How many "investment" accounts do you have?

When I first joined this forum 2 years ago, one thing I wanted to do was greatly reduce the number of accounts I had. Instead, I have increased the number of accounts. By quite a lot actually. I'm aiming for the same goal, and started with around 30 financial accounts, and I've been treading water ...
by inbox788
Thu Aug 31, 2017 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Is it possible to find what funds carry a particular stock
Replies: 9
Views: 631

Re: Is it possible to find what funds carry a particular stock

Yes I was looking as the example for funds owning a particular stock. Please clarify how you would use this information. For example, what use is knowing that TSLA makes up over 5% of Fidelity OTC holdings? https://finance.google.com/finance?q=focpx Or that Fidelity Contrafund holds 3.5% and Fideli...
by inbox788
Thu Aug 31, 2017 10:29 am
Forum: Personal Consumer Issues
Topic: Beginner Mountain Bike
Replies: 59
Views: 3068

Re: Beginner Mountain Bike

What is included with your definition of a fit for $75-250 additional cost? My definition of it was free help with sizing, adjusting the saddle height, etc. Super basic. But needed for a total newb who doesn't know where to start. Perhaps you could go in and do that free and then buy elsewhere...bu...
by inbox788
Thu Aug 31, 2017 10:16 am
Forum: Personal Consumer Issues
Topic: eyeglass prescription question
Replies: 7
Views: 867

Re: eyeglass prescription question

Also keep in mind the standard for eyeglass fabrication allows an error up to 0.125 of a diopter. Therefore, if you are already underminused by 1/6 (the difference between 20ft and infinity) and you add in a pair of "correct" glasses that are over plussed by an 1/8th, your prescription is actually ...
by inbox788
Thu Aug 31, 2017 9:44 am
Forum: Personal Consumer Issues
Topic: iPhone tempered glass...$6 vs $50?
Replies: 17
Views: 1342

Re: iPhone tempered glass...$6 vs $50?

No, not worth it. IMO, even $6 is high for the tempered glass. I buy them for much less on eBay. Do they install it for you? And will they redo it if there's a speck of dust caught under the glass? I've yet to install one without several such imperfections. That might be worth $6 if they can guarant...
by inbox788
Thu Aug 31, 2017 3:24 am
Forum: Investing - Help with Personal Investments
Topic: Is it possible to find what funds carry a particular stock
Replies: 9
Views: 631

Re: Is it possible to find what funds carry a particular stock

No, because funds trade stocks on a regular basis. Some funds have reporting requirements, but generally trades aren't reported for 3 or 6 months. Not technically a fund, but BRK is a favorite watched for what they own, but even all the eyeballs, it's not clear what they're buying or selling today o...
by inbox788
Thu Aug 31, 2017 3:03 am
Forum: Personal Consumer Issues
Topic: How do you reverse a lifetime of frugality and learn to spend some money?
Replies: 59
Views: 6199

Re: How do you reverse a lifetime of frugality and learn to spend some money?

Mid life crisis? Buy a boat like some have suggested or not. Or a Harley or fancy sports car if that's your thing. Or find someone to help your spend your money if that's what you want. It should't be that hard, and there are apps for that. http://www.huffingtonpost.com/2013/12/12/midlife-crisis_n_4...
by inbox788
Thu Aug 31, 2017 2:44 am
Forum: Investing - Help with Personal Investments
Topic: Payflex HSA fees announcement
Replies: 4
Views: 358

Re: Payflex HSA fees announcement

It's probably a simplification. They're making enough on the AUM fees and probably have higher balances on accounts as people figured out benefits of the account. The accounting and trouble with charging $2 is that much of it is wasted on overhead. It's a lot more efficient to simply raise the EF by...
by inbox788
Thu Aug 31, 2017 2:39 am
Forum: Personal Consumer Issues
Topic: eyeglass prescription question
Replies: 7
Views: 867

Re: eyeglass prescription question

Here's the first result I found on Google. Traditionally, optical infinity has been accepted to be 20 feet or, approximately, 6 meters. However, at this distance, there is an accommodative demand on the eye of about 1/6 D (one-sixth of a diopter). This amount of accommodative demand can be significa...
by inbox788
Thu Aug 31, 2017 2:00 am
Forum: Personal Consumer Issues
Topic: The Wall Street Journal to close Google loophole entirely
Replies: 150
Views: 23129

Re: The Wall Street Journal to close Google loophole entirely

Well it is a bit different if you are a Facebook follower versus an hacker. You've added your name to a list of readers for everyone to see. It's a form of advertisement, a marketing strategy that may or may not persist. I'm not sure this accesses all the articles, but some recent articles that I c...
by inbox788
Wed Aug 30, 2017 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Life Insurance
Replies: 23
Views: 3214

Re: Buying Life Insurance

I am 42 now, and my 10 year life insurance policy will be expiring in 2 years. Thinking back, I made a mistake by not buying a 30-year term policy then. However I want to correct my course asap. Hence I am thinking of getting a new policy right now, and canceling the old one. I need help with two i...
by inbox788
Wed Aug 30, 2017 4:57 am
Forum: Personal Finance (Not Investing)
Topic: How do you know you're not being scammed when buying a house?
Replies: 33
Views: 3149

Re: How do you know you're not being scammed when buying a house?

Pretty sure that'd require quite a conspiracy! Not saying it can't be pulled off, but your lender is probably more worried than you are about it being a legit deal. If you're really paranoid, you could probably do a lot of records research online to raise your comfort level. You are right to be ske...
by inbox788
Wed Aug 30, 2017 4:27 am
Forum: Personal Consumer Issues
Topic: Beginner Mountain Bike
Replies: 59
Views: 3068

Re: Beginner Mountain Bike

I'd personally forgo the full suspension unless the OP plans are going crazy. I prefer this one for the $600 price range. http://www.bikesdirect.com/products/motobecane/29er-mountain-bikes/fantom-29er-trail-mtb-tcs-xvi.htm With that being said, go to their sister site bikeisland.com and look for a ...
by inbox788
Tue Aug 29, 2017 11:35 pm
Forum: Personal Consumer Issues
Topic: ICE, hybrid, Phev, electric for short trips
Replies: 36
Views: 1803

Re: ICE, hybrid, Phev, electric for short trips

You're the first person who I've heard of who has an ideal situation for a Leaf. I drive low miles, and I've looked into the electric/hybrid options. I came to the conclusion that per mile, the cost is high regardless of what technology you pick because depreciation is the major factor, and the ele...
by inbox788
Tue Aug 29, 2017 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Idea to Have Zero Credit Cards?
Replies: 129
Views: 6001

Re: Bad Idea to Have Zero Credit Cards?

At this current time, I mainly use cash (easy to control) but use the credit card for Amazon purchases. Begin with the current credit card you have. Do you have just the one? Which one? In the last month, how many charges did you make on it? How about in the last 12 months? What type of transaction...