Search found 590 matches

by monkey_business
Fri Jan 19, 2018 2:11 pm
Forum: Personal Consumer Issues
Topic: Buying a car?
Replies: 35
Views: 3457

Re: Buying a car?

If safety is one of the top concerns, I would recommend getting a 2017+ Corolla. Corollas prior to 2017 have not done well in the IIHS small overlap crash tests:

http://www.iihs.org/iihs/ratings/vehicl ... sedan/2016
by monkey_business
Thu Jan 18, 2018 10:40 am
Forum: Personal Consumer Issues
Topic: What is the best home exercise equipment?
Replies: 106
Views: 8511

Re: What is the best home exercise equipment?

It's hard to answer what equipment you should buy without knowing your goals. Are you simply trying to elevate your heart rate and just exercise for general health? Are you pursuing a performance goal? Are you after weight loss? Strength gain? Different tools for different jobs...
by monkey_business
Thu Jan 18, 2018 10:36 am
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 49
Views: 2933

Re: How to overcome the fear of spending money? (Buying a car)

Get the car, for crying out loud.

If you genuinely like cars and the Miata will give you enjoyment, I don't see a reason not to get it in your (OP) situation. What are you waiting for, until you're too old or sick to get into a sports car and the problem solves itself?
by monkey_business
Thu Jan 11, 2018 11:02 pm
Forum: Personal Consumer Issues
Topic: Kenmore Washer Dryer
Replies: 29
Views: 1501

Re: Kenmore Washer Dryer

Life is full of trade-offs. I will gladly pay more for my water bill (a whopping $2.33/month based on our usage @ 20 gallons/load) to have a quality machine that cleans well, and lasts. That's what they told about Hummers and I don't see any on the roads these days. Anything that's not efficient wi...
by monkey_business
Thu Jan 11, 2018 12:26 pm
Forum: Personal Consumer Issues
Topic: Help choosing a hatchback- civic, golf, prius and Volvo V60
Replies: 40
Views: 2109

Re: Help choosing a hatchback- civic, golf, prius and Volvo V60

The Civic hatch is tough to beat. The performance and economy ratio is excellent. Another car to look at is the Infiniti QX30. It's a "crossover" but actually is more of a slightly raised hatchback. It comes with a Mercedes powertrain and chassis from the GLA. You can get the top trim Sport, 1 year ...
by monkey_business
Thu Jan 11, 2018 12:19 pm
Forum: Personal Consumer Issues
Topic: Kenmore Washer Dryer
Replies: 29
Views: 1501

Re: Kenmore Washer Dryer

Regarding Speed Queen, they just released redesigned top-load washers that, based on preliminary reviews, do not wash as well as the tried and true agitators they're known for. If you are interested in Speed Queen, I would suggest reading up on the changes and buying the 2017 models before they are ...
by monkey_business
Wed Jan 10, 2018 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Lowball offer on a home
Replies: 82
Views: 6895

Re: Lowball offer on a home

I think it's also a matter of whether the upgrades are truly necessary, or more of a preference. For example, is the kitchen in awful shape and clearly needs to be remodeled? Or, is the kitchen fine but has an outdated look to it? It's one thing if the house clearly *needs* work, and another if mayb...
by monkey_business
Wed Jan 10, 2018 11:33 am
Forum: Personal Consumer Issues
Topic: OnePlus 5t Smartphone?
Replies: 21
Views: 1186

Re: OnePlus 5t Smartphone?

I have the OnePlus One. This was the first phone OnePlus has ever released. It is 3+ years old now, and still working great. The only issue is the battery is not that great anymore, which is expected. If I would be in the market for a phone right now, I'd definitely consider the OnePlus 5T. I don't ...
by monkey_business
Thu Dec 28, 2017 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Another should i buy my dream porsche thread...
Replies: 240
Views: 10843

Re: Another should i buy my dream porsche thread...

Since there is a good number of car enthusiasts here with biased opinions, let's try looking at the affordability question another way: Suppose the OP asked us if he should buy his dream watch - a $100,000 Philippe Patek. Would we get as many "Sure, do it! YOLO!" responses? And, if buying a $100,00...
by monkey_business
Thu Dec 28, 2017 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Another should i buy my dream porsche thread...
Replies: 240
Views: 10843

Re: Another should i buy my dream porsche thread...

Since there is a good number of car enthusiasts here with biased opinions, let's try looking at the affordability question another way: Suppose the OP asked us if he should buy his dream watch - a $100,000 Philippe Patek. Would we get as many "Sure, do it! YOLO!" responses? And, if buying a $100,00...
by monkey_business
Thu Dec 28, 2017 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Another should i buy my dream porsche thread...
Replies: 240
Views: 10843

Re: Another should i buy my dream porsche thread...

Since there is a good number of car enthusiasts here with biased opinions, let's try looking at the affordability question another way: Suppose the OP asked us if he should buy his dream watch - a $100,000 Philippe Patek. Would we get as many "Sure, do it! YOLO!" responses? And, if buying a $100,000...
by monkey_business
Wed Dec 27, 2017 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Another should i buy my dream porsche thread...
Replies: 240
Views: 10843

Re: Another should i buy my dream porsche thread...

OP, As others have said, purely from a financial standpoint, it is not wise to spend $100k on a car with your net worth. From my experience, the car guys that race their sports cars usually don't get top of the line/new cars since they'll be used and abused on the track. One has an old (20+ years ol...
by monkey_business
Wed Dec 27, 2017 3:11 pm
Forum: Personal Consumer Issues
Topic: Time to buy a new phone?
Replies: 29
Views: 1704

Re: Time to buy a new phone?

Is there a link to the $300 deal? And, is this only for contract/locked phones?
by monkey_business
Wed Dec 27, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Another should i buy my dream porsche thread...
Replies: 240
Views: 10843

Re: Another should i buy my dream porsche thread...

Why do you want this car? Serious question.
by monkey_business
Sat Nov 25, 2017 4:15 pm
Forum: Personal Consumer Issues
Topic: Etiquette question: going out to dinner with friends and how to split the bill
Replies: 86
Views: 5447

Re: Etiquette question: going out to dinner with friends and how to split the bill

We always get separate checks. Never been a problem to the best of our knowledge. In my mind, I don't see why we should either: A. Pay for someone else's drinks, desserts, expensive entrees, etc. B. Feel bad if we've had more of the above than the people we're splitting the bill with and making them...
by monkey_business
Wed Nov 15, 2017 2:59 pm
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 118
Views: 7161

Re: Tipping in living wage state. Redux.

Going in and not tipping because you think the waiters are adequately paid as is, is like trying to pay only 80% of the bill because you think the menu is 20% overpriced. No it isn't, because there is no explicit quid pro quo. I tip because I believe waitstaff are underpaid. If they receive an hour...
by monkey_business
Wed Nov 15, 2017 2:43 pm
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 118
Views: 7161

Re: Tipping in living wage state. Redux.

Should I continue to tip 15% (or 20%) in these situations, or is the acceptable tip now something different (ie, lower)? Please discuss your rationale. I prefer to tip fixed amounts rather then a percentage. It's simpler for me as it fulfills the implied social contract without taking things to an ...
by monkey_business
Tue Nov 14, 2017 1:48 pm
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 118
Views: 7161

Re: Tipping in living wage state. Redux.

What does tipping have to do with the wages? I am not tipping because I am responsible for the waiter's wages, I am tipping because it is an implied social contract that I accept by patronizing a restaurant. It's not illegal to not tip, it's simply in poor taste. If you object to tipping, don't go t...
by monkey_business
Thu Nov 02, 2017 10:36 am
Forum: Personal Consumer Issues
Topic: Is Black Friday the Real Deal for computers?
Replies: 22
Views: 1984

Re: Is Black Friday the Real Deal for computers?

I would also recommend checking if the computer you're buying on Black Friday is simply on sale, or a "Black Friday Special" model. Sometimes manufacturers make very cheap version of their products to sell for bottom dollar during Black Friday. So, you might get a laptop that's cheap, but has a low ...
by monkey_business
Wed Nov 01, 2017 3:22 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate 0.10% [November rate announced]
Replies: 31
Views: 4461

Re: I Bond fixed rate 0.10%

One thing that turns me off regarding Treasury Direct is that they make it clear that if there is fraud in your account, it's your problem. Where are you getting this information from? Treasury Direct has a form for reporting stolen/lost bonds, including I Bonds: https://www.treasurydirect.gov/form...
by monkey_business
Thu Oct 26, 2017 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Index investing is boring
Replies: 63
Views: 5984

Re: Index investing is boring

Running on a treadmill is far more boring than running away from a lion. Alas, the former has some advantages over the latter.
by monkey_business
Thu Oct 26, 2017 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Interest Deduction (Unmarried Couples)
Replies: 10
Views: 768

Re: Mortgage Interest Deduction (Unmarried Couples)

If someone pays 100% of the interest, what's the plan to make it be about 50/50 again... someone pays pay more of the principal and taxes? I'm not sure what you mean here. That person paying the principal technically owns more of the house as time goes on, right? Is that really the case? How would ...
by monkey_business
Thu Oct 26, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Interest Deduction (Unmarried Couples)
Replies: 10
Views: 768

Re: Mortgage Interest Deduction (Unmarried Couples)

aristotelian wrote:
Wed Oct 25, 2017 5:32 pm
Are either of you in a higher tax bracket than the other?
No, same tax bracket but one makes about 10% more.
by monkey_business
Thu Oct 26, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Interest Deduction (Unmarried Couples)
Replies: 10
Views: 768

Re: Mortgage Interest Deduction (Unmarried Couples)

For example when the house gets sold the proceeds should be divided according to the contributions to the equity. If someone "paid" all the interest, as documented on their tax returns, it could well be that they would have little or no share in the equity of any appreciation in the property value....
by monkey_business
Wed Oct 25, 2017 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Interest Deduction (Unmarried Couples)
Replies: 10
Views: 768

Mortgage Interest Deduction (Unmarried Couples)

If an unmarried couple is on a mortgage together, and generally split the total expenses 50/50, what is the best way to approach the mortgage interest deduction? According to the IRS, each person on a mortgage can deduct the interest they actually paid. Given that is the case, it would seem to make ...
by monkey_business
Sat Oct 21, 2017 1:18 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 135
Views: 11476

Re: anyone else not liking the new cars?

According to Consumer Reports, Honda's reliability rating has slipped to average. That hasn't been my experience, but I didn't want to test my luck. So far the CR-V has had no problems. I may have wasted about $2,100. Time will tell. I don't really trust Consumer Reports' reliability ratings. They ...
by monkey_business
Fri Oct 20, 2017 11:13 am
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 135
Views: 11476

Re: anyone else not liking the new cars?

I think the new cars available today are incredible. What's not incredible about the fact that you can buy a new Honda Civic today that: - Has creature comforts not found in high end luxury cars just a few decades ago: navigation, keyless entry, remote start, etc. - Gets up to 40mpg while having 174...
by monkey_business
Wed Oct 11, 2017 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Choose mortgage 15 vs 30 as well choose larger/smaller down payment
Replies: 7
Views: 994

Re: Choose mortgage 15 vs 30 as well choose larger/smaller down payment

I'm more in the 30 year mortgage camp purely from a risk standpoint. With a 15 year mortgage, you are stuck with the higher payments no matter what. This is something to consider in the event of financial downturns such as job loss, health issues, etc. A 30 year mortgage can be paid off in 15 years ...
by monkey_business
Wed Oct 11, 2017 10:58 am
Forum: Personal Consumer Issues
Topic: 2018 Honda Accord
Replies: 54
Views: 5900

Re: 2018 Honda Accord

In terms of daily power, keep in mind that the new Honda 2.0L turbo engine in the 2018 Accord makes 272lb-ft of torque at 1500rpm. The previous Accord V6 made 20lb-ft less torque (252lb-ft), and at 4900rpm. While I have not driven the new 2.0L engine, I would imagine it provides a far more useful po...
by monkey_business
Mon Oct 09, 2017 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 16294

Re: Hope I'm not unwittingly wading into anything here...

There is a lot of general overlap but MMM is more the 40 year old that retires on a very modest budget, whereas the Boglehead is the 60 year old that retires very comfortably. The two communities have a different tilt in terms of overall goals and lifestyle.
by monkey_business
Wed Sep 27, 2017 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones (again)
Replies: 28
Views: 2493

Re: Edward Jones (again)

What is the reason the Bogleheads so strongly recommend low cost index funds?

If you can answer that question, you can understand why leaving Edward Jones is a good idea.
by monkey_business
Wed Sep 27, 2017 12:27 pm
Forum: Personal Consumer Issues
Topic: Suggestions for a rowing machine
Replies: 26
Views: 1400

Re: Suggestions for a rowing machine

If you have a place to run it outside, consider getting a prowler. You can get one for ~$200, plus some plates for $100-200. One of the best conditioning tools out there.
by monkey_business
Thu Sep 21, 2017 10:59 am
Forum: Personal Consumer Issues
Topic: Spray Foam Insulation
Replies: 20
Views: 2314

Re: Spray Foam Insulation

Thanks for the feedback everyone. Regarding the air ventilation, I know the HVAC system comes with a fresh air intake. I've also been reading about the ERV/HRV systems, but this is all fairly new to me. Does anyone know how a fresh air intake compares to the ERV/HRV methods of ventilation? It seems ...
by monkey_business
Wed Sep 20, 2017 4:38 pm
Forum: Personal Consumer Issues
Topic: Spray Foam Insulation
Replies: 20
Views: 2314

Spray Foam Insulation

We're building a new house and the builder is offering to put in spray foam insulation in the walls for about $2,500. This is walls only, as the roof is already going to be spray foamed. The standard insulation is R19 batt insulation. The house will be in an area with low humidity, very hot summers,...
by monkey_business
Tue Aug 29, 2017 11:34 am
Forum: Investing - Help with Personal Investments
Topic: 33 years old, how am I doing ?
Replies: 54
Views: 8815

Re: 33 years old, how am I doing ?

Only on the Bogleheads forum is a 33 year old with $2MM net worth and $400K salary unsure of his financial health. :oops:
by monkey_business
Wed Aug 23, 2017 11:00 am
Forum: Personal Consumer Issues
Topic: Weightlifting Equipment for Home Gym
Replies: 54
Views: 5886

Re: Weightlifting Equipment for Home Gym

I'm shocked no-one has mentioned Kettlebells so far. I'm in love with KBs - they can really hit a nice sweet spot for cardio or work muscles in different ways from the traditional barbell/dumbell combo. I have a gym membership ($21 a month) and it has all the usual gear - barbells, dumbbells, squat...
by monkey_business
Tue Aug 22, 2017 1:55 pm
Forum: Personal Consumer Issues
Topic: Weightlifting Equipment for Home Gym
Replies: 54
Views: 5886

Re: Weightlifting Equipment for Home Gym

My workouts take longer than an hour because of long rest periods, but the underlying point and analogy to a simple Bogleheads portfolio is a good one. I haven't done anything other than a squat, deadlift, bench press, press, or chin-up in over three years and little by little added weight to the b...
by monkey_business
Sun Aug 20, 2017 11:00 pm
Forum: Personal Consumer Issues
Topic: Weightlifting Equipment for Home Gym
Replies: 54
Views: 5886

Re: Weightlifting Equipment for Home Gym

Rogue or Titan would be my choices for a rack. You mentioned doing dips, so whatever rack you go with, make sure it has a dip attachment built for it. In terms of bolting it down, I'd recommend building a 8x8 foot plywood/stall mat lifting platform, and simply bolting the rack down to that. Alternat...
by monkey_business
Thu Aug 17, 2017 12:36 pm
Forum: Personal Consumer Issues
Topic: How useful is a home security system?
Replies: 82
Views: 8193

Re: How useful is a home security system?

To me, the #1 reason to get a security system is to be notified of a break-in when you are asleep at night. As much as I would hate it, I am not too concerned with getting stuff stolen. However, in the unlikely event of a home invasion, even if you rely on defending yourself with various means, you ...
by monkey_business
Thu Aug 17, 2017 12:32 pm
Forum: Personal Consumer Issues
Topic: Home security system
Replies: 12
Views: 1597

Re: Home security system

Does anyone have thoughts on going with a wired system vs something like Simplisafe? We bought a new construction house, and are still trying to decide if we should get a wired security system. The downsides for me are that it seems there's a lot of innovation these days in home automation and secur...
by monkey_business
Wed Aug 16, 2017 12:01 pm
Forum: Personal Consumer Issues
Topic: ATT wireless
Replies: 3
Views: 609

Re: ATT wireless

Have you looked into AT&T prepaid? My plan is $40/month for unlimited talk/text and 6GB of LTE data.
by monkey_business
Mon Aug 14, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: When does renting make sense
Replies: 112
Views: 10598

Re: When does renting make sense

Neither renting nor owning is unequivocally better. The answer is: it depends. Run the numbers for your specific situation, using conservative estimates, and see what ends up being better. I also don't understand when people say "a house is not an investment". According to Merriam-Webster: Investmen...
by monkey_business
Tue Aug 08, 2017 4:59 pm
Forum: Personal Consumer Issues
Topic: Should I Buy a New Car?
Replies: 42
Views: 3536

Re: Should I Buy a New Car?

It is financially smarter to just maintain your Camry. You really can't justify not wanting to spend $2,000 (which sounds way high, by the way) on maintenance only to spend $20,000+ instead on a new car. That said, it sounds like you simply want a new car. The answer to whether you should get it boi...
by monkey_business
Fri Jul 28, 2017 10:31 am
Forum: Personal Consumer Issues
Topic: Is a kamado grill/smoker worth it?
Replies: 28
Views: 3404

Re: Is a kamado grill/smoker worth it?

Reading this thread made me hungry.
by monkey_business
Mon Jul 24, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: What's your personal savings rate?
Replies: 135
Views: 13008

Re: What's your personal savings rate?

KlangFool wrote:It is very simple but hard.

1) Save 1/3, spend 1/3, and pay 1/3 in tax.
That can be made simpler:

Pay your taxes, save half of the remainder.
by monkey_business
Fri Jul 21, 2017 12:59 pm
Forum: Personal Consumer Issues
Topic: Investing well for Retirement can be frustrating
Replies: 52
Views: 4229

Re: Investing well for Retirement can be frustrating

I often noticed the people who don't make much are more likely to want to show off. Maybe it's an insecurity about one's income which manifests itself via expensive, visible purchases. It's the small dog trying to bark the loudest sort of thing. It certainly happens at all income levels, but in my p...
by monkey_business
Wed Jul 19, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Rates in 3 years?
Replies: 26
Views: 2818

Re: Mortgage Rates in 3 years?

Not to throw cold water on your plans but I would be less concerned with interest rate fluctuations than I would be with buying a house with a girlfriend. It depends on what "girlfriend" really means. If girlfriend means a girl he's been dating for 3 months, then yes, big red flag, do not buy a hou...
by monkey_business
Wed Jul 19, 2017 12:30 pm
Forum: Personal Consumer Issues
Topic: How Much Would You Spend on a Blender?
Replies: 47
Views: 3670

Re: How Much Would You Spend on a Blender?

We have a refurbished Vitamix that we got about 6 years ago for $350 or so. If it broke down, I would get another Vitamix, or a Blendtec. Here's the reason why it is worth it for us: - We add various vegetables to smoothies, as well as frozen chunks of fruit and juice. Cheap blenders I've used befor...
by monkey_business
Thu Jul 13, 2017 1:36 pm
Forum: Personal Consumer Issues
Topic: Security Alarm Pre-Wire in New Construction
Replies: 25
Views: 2241

Security Alarm Pre-Wire in New Construction

We're in the process of building a house and would like some advice regarding the security system. The house comes with a security system. The system is landline based, and comes with entry door sensors and a motion sensor in the great room. The builder pays for the first year of monitoring. I am no...
by monkey_business
Mon Jun 26, 2017 11:46 am
Forum: Investing - Theory, News & General
Topic: "Heads I Win, Tails I Win -- A Gem
Replies: 12
Views: 3288

Re: "Heads I Win, Tails I Win -- A Gem

nedsaid wrote:The gems are the equivalent of Campbell's soup, condensed.
What?! Taylor's gems are the equivalent of condensed cheap canned soup?

More like grandma's soup. It's hearty, delicious, and puts a smile on your face. :D