Search found 79 matches

by ncbill
Wed Oct 18, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Buy a rental property before primary home?
Replies: 17
Views: 1257

Re: Buy a rental property before primary home?

Should I buy a rental property before my primary home (not planning to buy a duplex)? $600 k cash $400 k stocks $300 k yearly income (work plus business) 800s credit score No debt/in my 30s I am thinking about buying a house near my work ($400 k). However, I am not exactly sure if I see myself livi...
by ncbill
Tue Oct 17, 2017 4:14 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 99
Views: 5648

Re: How many miles/years do you keep your car?

newest vehicle 2007, oldest 1997, 50k-200k miles.

most acquired used from relatives.

very happy an older relative finally agreed to part with their (top trim-line) Town Car

plan on keeping that at least another decade (preferably two)
by ncbill
Tue Oct 17, 2017 3:56 pm
Forum: Personal Consumer Issues
Topic: Converting to Safety Razors
Replies: 81
Views: 8367

Re: Converting to Safety Razors

I tried switching to a Merkur safety razor, badger brush, and traditional soap several years ago. I was never patient enough to get a good shave in a reasonable time without a lot of nicks. I gave up that experiment after about 3 months. What I found works well for the amount of time and effort I w...
by ncbill
Wed Oct 11, 2017 4:14 pm
Forum: Personal Consumer Issues
Topic: cash and landlines in disasters
Replies: 21
Views: 2319

Re: cash and landlines in disasters

copper line (from the CO to your home) is no longer guaranteed. any problems and your local telco replaces the above with an unpowered fiber line to a box near your home from where the copper line now runs to your home (and your neighbors) my neighborhood has had the above for the last 20+ years. ho...
by ncbill
Wed Oct 11, 2017 1:03 pm
Forum: Personal Consumer Issues
Topic: Care by Volvo
Replies: 14
Views: 1237

Re: Care by Volvo

Curious what the forum's thoughts are on the recently announced Care by Volvo program. They're touting it as a subscription service as opposed to a leasing plan, fancy words ! I guess the major disadvantage here is that you can't negotiate on the price so i'm sure that will set many BH's hair on fi...
by ncbill
Mon Oct 09, 2017 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Health Care for 2018, Curious About Other's Increases
Replies: 21
Views: 2503

Re: Health Care for 2018, Curious About Other's Increases

In NC as well, no communication from BCBS yet, & on healthcare.gov "2018 plans and prices will be available to preview shortly before November 1."
by ncbill
Mon Oct 09, 2017 3:48 pm
Forum: Personal Consumer Issues
Topic: Do you want your receipt?
Replies: 99
Views: 7438

Re: Do you want your receipt?

Back on topic, here's my rant:

I already get email receipts from my bank for any of their ATMs as well as from the local grocery store (tied to credit card after entering email once)

More stores should be offering automatic receipts via email...
by ncbill
Mon Oct 09, 2017 2:26 pm
Forum: Personal Consumer Issues
Topic: Is the new Chevy Equinox any good?
Replies: 58
Views: 5445

Re: Is the new Chevy Equinox any good?

wouldn't buy but they lease well
by ncbill
Mon Oct 09, 2017 1:49 pm
Forum: Personal Consumer Issues
Topic: Is there boglehead consensus on buying a car?
Replies: 73
Views: 4790

Re: Is there boglehead consensus on buying a car?

I am leasing my main commuter car, a 2018 Chevrolet Equinox LT AWD for $245 per month. No up front or turn in fees. This is $2940 per year. Total cost over 10 years will be $29,400 - If I can continue to get a competitive lease rate, which is undetermined. $29.4k cost of ownership over 10 years, to...
by ncbill
Thu Oct 05, 2017 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: How much worth house should one buy?
Replies: 73
Views: 4125

Re: How much worth house should one buy?

1) Why do you need to buy in order to live in a particular location? You could rent. This is a common lie that people tell to themselves in order to overspend on a house. One very good reason is school districts. Recently, a group of "concerned" citizens in our school district managed to change sch...
by ncbill
Mon Oct 02, 2017 10:22 am
Forum: Personal Consumer Issues
Topic: Should I get a New Macbook Pro?
Replies: 47
Views: 3936

Re: Should I get a New Mac or Macbookpro?

Certain models of the 13" Macbook Pro have issues with the SATA (hard drive) flex cables failing. There was a Quality Assurance program which ended this summer. Apple also recommends replacing the SATA cable when replacing the hard drive. Although the usual symptom of a failed cable are failure to ...
by ncbill
Mon Oct 02, 2017 10:10 am
Forum: Local Chapters and Bogleheads Community
Topic: Bogleheads you would most like to meet and why?
Replies: 134
Views: 8960

Re: Bogleheads you would most like to meet and why?

military vets & especially retirees

not for me, but for my kids (one in undergrad, another a similar path)
so I'd like to pick their brains to help my kids with how to maximize their financial lives while in the military
by ncbill
Mon Oct 02, 2017 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Past problem with Universal Life assumptions
Replies: 7
Views: 406

Re: Past problem with Universal Life assumptions

saw the same when an agent called and tried to sell me on surrendering an existing plain-vanilla whole-life policy in favor of a new UL policy with a LTC rider. despite additional upfront funding with hefty premiums ($10,000 annually for several years) the illustration (using the guarantee) collapse...
by ncbill
Sun Oct 01, 2017 3:12 pm
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 192
Views: 12829

Re: Why do you LBYM? Why do you save and invest?

profligate.

describes my relatives.

they are a cautionary tale, to say the least.

"train wreck" per another poster also applies.

i don't want to end up like them...no way out of their current situation because of the choices made decades earlier.

i like options...
by ncbill
Fri Sep 29, 2017 4:10 pm
Forum: Personal Consumer Issues
Topic: Two year lease vs Buy and hold 10 years. A wash?
Replies: 54
Views: 4173

Re: Two year lease vs Buy and hold 10 years. A wash?

Buying new is more expensive than buying used. Leasing (new) is more, but often not much more, since there are always specials...vehicles with higher residual values, extra (lease) incentives, lowered money factor, as long as you're flexible. Were I interested in a new mid-size SUV I'd head on over ...
by ncbill
Fri Sep 29, 2017 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 77
Views: 9564

Re: My boneheaded financial mistakes

Any young bogleheads reading about these bonehead mistakes and making mental notes not to repeat them? Didn't invest in my 401k at my first job. Matching my kid's contributions so they're maxing their Roth, while they're still in college. Good chance they'll go to grad school...will do the same the...
by ncbill
Fri Sep 29, 2017 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: My Smartest Financial Moves
Replies: 62
Views: 5933

Re: My Smartest Financial Moves

1. Like many others, grateful behind words for my spouse. 2. Living in a smaller home (town home, cheaper and easier to maintain than a standard detached residence) But then again I watched mom spend nearly everything she had post-divorce trying to hang onto the large house where we were raised. 3. ...
by ncbill
Tue Sep 12, 2017 2:03 pm
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 8956

Re: Contemplating an Electric Car

The technology is in a state of quite rapid change. The size and capacity of battery packs. The vehicle telemetrics and automation. There will be better and more interesting EVs and PHEVs in 3 years time, say. OR, you buy a used vehicle (SUVs have high depreciation rates, I believe), and wait 6-7 y...
by ncbill
Mon Sep 11, 2017 6:05 pm
Forum: Investing - Theory, News & General
Topic: China to ban petrol cars
Replies: 64
Views: 4637

Re: China to ban petrol cars

2) EV is not as efficient as gasoline engine. EV would need: coal -> electricity -> battery -> motor. Whereas ICE does not waste much energy from gasoline. An electric motor is much more efficient than any production ICE but battery storage is ridiculously expensive with much poorer energy density ...
by ncbill
Mon Sep 11, 2017 5:51 pm
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 8956

Re: Contemplating an Electric Car

The technology is in a state of quite rapid change. The size and capacity of battery packs. The vehicle telemetrics and automation. There will be better and more interesting EVs and PHEVs in 3 years time, say. OR, you buy a used vehicle (SUVs have high depreciation rates, I believe), and wait 6-7 y...
by ncbill
Fri Sep 08, 2017 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Guaranteed 7% Real Estate Deal: Pull from Stock Market?
Replies: 36
Views: 3884

Re: Guaranteed 7% Real Estate Deal: Pull from Stock Market?

someone should smush valuethinker's and gsmith's posts together and make them a sticky.

adding in all caps, bolded: "leverage is a two-edged sword"

and "with real estate, there's always a way for them not to pay you"
by ncbill
Fri Sep 08, 2017 1:08 pm
Forum: Personal Consumer Issues
Topic: Bosch dishwasher?
Replies: 90
Views: 6766

Re: Bosch dishwasher?

Most Bosch dishwashers sold in the US are made in North Carolina. Thank you. I think my relative in North America (of the Bosch machine from hell ilk) said Mexico but I may have misremembered. from what I recall from CR's website, although CR loved even the low-end Bosch models, those were the ones...
by ncbill
Tue Aug 29, 2017 4:20 pm
Forum: Personal Consumer Issues
Topic: ICE, hybrid, Phev, electric for short trips
Replies: 36
Views: 1878

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

My typical driving is similar to the OP's, so I am hoping we see huge sales of the new Tesla model. Because the above coupled with low gasoline prices has historically resulted in bargain leases for the Chevy Bolt/Volt models. Personally I'm waiting for a (including taxes) sub-$150/month Volt lease,...
by ncbill
Tue Aug 22, 2017 3:54 pm
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 182
Views: 12264

Re: Is it worth it? [demanding jobs vs time with family]

Ultimately one has to pick their priorities. Putting more hours in at work usually results in more immediate feedback & material awards vs. more hours with the kids where the rewards are delayed and a lot fuzzier to measure. Grew up in an upper middle class lifestyle when I was a kid, but at the cos...
by ncbill
Tue Aug 22, 2017 9:30 am
Forum: Personal Consumer Issues
Topic: 2018 Merc S560, 2018 Lexus LS500 Discounts?
Replies: 38
Views: 3704

Re: 2018 Merc S560, 2018 Lexus LS500 Discounts?

head over to leasehackr [sic] dot com and see what price people have negotiated for the models you want.

yes, it's a leasing site, but negotiating the sales price is also a major part of getting the best lease deal.
by ncbill
Thu Aug 10, 2017 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Struggling with Justifying an Expensive Car Purchase
Replies: 120
Views: 6408

Re: Struggling with Justifying an Expensive Car Purchase

The expectation of autopilot capability and other technology advances being widely available in the next 5 years would give me pause when considering a 10-year commitment to a $70K car. If autopilot is really going to happen then you can bet that you will want that feature ASAP. Enjoy the less cost...
by ncbill
Thu Aug 10, 2017 8:51 pm
Forum: Personal Consumer Issues
Topic: Toyota Camry Repair Priorities
Replies: 71
Views: 4420

Re: Toyota Camry Repair Priorities

After being quoted $1000 to replace the leaking power steering rack on our minivan, I added a bottle of Lucas Power Steering "Stop-leak" instead. No problems in the 10+ years since. If you do the DIY headlight polish make sure to finish with a UV-blocking sealant, otherwise they'll just fog up again.
by ncbill
Thu Aug 10, 2017 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Group Universal Life
Replies: 23
Views: 1591

Re: Group Universal Life

After a few years, you should have a handle on where the policy is going and make reasonable estimates of what premium to pay to keep it in force for whatever period you desire. Circumstances change. It is not a matter of "having a handle" on where the policy is going, that you develop after holdin...
by ncbill
Thu Aug 10, 2017 7:41 pm
Forum: Personal Consumer Issues
Topic: Another "replace car or not" decision
Replies: 21
Views: 2121

Re: Another "replace car or not" decision

Which trim level?

I've seen Sentra SR ($0 down) leases as low as $125/month, Sentra S (base model) $99/month. (36 months/10,000 annual miles)

The Sentra seems to be about the cheapest lease going.
by ncbill
Wed Aug 09, 2017 7:57 am
Forum: Personal Consumer Issues
Topic: Car Depreciation As Reason to Get A New Car
Replies: 34
Views: 3546

Re: Car Depreciation As Reason to Get A New Car

By fleasing, I mean leasing, you are paying the depreciation anyways but during the highest depreciating years, when the car is new. By always buying/leasing new cars you are perpetually having a car in its highest depreciating time. +1 Well, a lot of rich people like to have good new stuff. What's...
by ncbill
Tue Aug 08, 2017 8:32 pm
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 124
Views: 12545

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

So for hot climates like mine, buy the battery with the longest full-replacement warranty? (Interstate?) And replace it once it's out of warranty? Battery lifetime is highly dependent on climate. Hot weather kills auto batteries. The hotter it gets, and the longer it stays hot, the shorter the lifet...
by ncbill
Mon Aug 07, 2017 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 66
Views: 5811

Re: Physician & Real Estate investor seeks advice

Interesting stuff. What is special about the G-fund. It's like a 0.9% return? I bet something similar can be achieved with a Vanguard or other MMF. http://noroboinvestor.com/why-the-g-fund-is-special/ http://gubmints.com/2015/01/12/4-reasons-tsp-g-fund-is-the-unicorn-of-investing/ That is a far bet...
by ncbill
Mon Aug 07, 2017 6:32 am
Forum: Personal Consumer Issues
Topic: Retire early, live abroad until 65 and come back
Replies: 72
Views: 8425

Re: Retire early, live abroad until 65 and come back

Many 65+ US expats choose to keep paying for Medicare, then return to the U.S. for expensive procedures (i.e. transplant)
by ncbill
Mon Aug 07, 2017 6:24 am
Forum: Personal Finance (Not Investing)
Topic: Buying parents home and estate planing
Replies: 17
Views: 1309

Re: Buying parents home and estate planing

what about a life estate?

OP could still gift the mortgage amount.
by ncbill
Sat Aug 05, 2017 6:40 am
Forum: Personal Consumer Issues
Topic: LED light bulbs
Replies: 97
Views: 8665

Re: LED light bulbs

Thanks for your reply! Shunted means the two sides of the "tombstone" (the bi-pin socket) are connected, used for "instant-start" ballasts, though it reduces the life of the fluorescent tube. I'm still planning to bypass the ballast in my two, twin-tube fixtures when the ballasts (already replaced o...
by ncbill
Fri Aug 04, 2017 10:10 am
Forum: Personal Consumer Issues
Topic: LED light bulbs
Replies: 97
Views: 8665

Re: LED light bulbs

You found LED tubes that state on the box that they work with T12 ballasts? The inexpensive (around $10) 4' LED tubes that I've seen with decent reviews online have all specified direct-wire (preferred) or T8 ballasts. I found disturbing reports of overheating when the above were used with (I suspec...
by ncbill
Fri Aug 04, 2017 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else have trouble spending?
Replies: 91
Views: 6004

Re: Anyone else have trouble spending?

1. Buy a reliable commuter vehicle (Lexus SUV?) 2. Lease the fun vehicle so it's always under warranty, no worries about reliability. You make $400k a year! Buy a commuter car and a towing vehicle. The towing vehicle should last about forever if you pick a good one and don't use it much. Replace the...
by ncbill
Thu Aug 03, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: Retire early, live abroad until 65 and come back
Replies: 72
Views: 8425

Re: Retire early, live abroad until 65 and come back

South of the border works very well for many USA expats, retired or not. I was surprised at the number of expats in Mexico living on SS disability/SSI. Annual residence visa requires showing regular income from pension/SS, but there are plenty of fixers available to handle the process for you. Buy i...
by ncbill
Wed Aug 02, 2017 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Cabins - "investments" or "consumptive purchases"
Replies: 38
Views: 3123

Re: Cabins - "investments" or "consumptive purchases"

I'll vote consumption. Inherited mom's share of her parents' mountain cabin. Since multiple owners is often a nightmare down the line, I've already bought out one other relative & would like to buy out the remaining. Unfortunately, they insist on getting paid based on an appraisal done back near the...
by ncbill
Thu Jul 27, 2017 8:09 am
Forum: Personal Consumer Issues
Topic: 2018 Subaru Outback with 3 car seats vs. other car/suv options
Replies: 75
Views: 5096

Re: 2018 Subaru Outback with 3 car seats vs. other car/suv options

Both the Subaru and Lexus you're considering seem to have decent lease deals going, especially since you're in a megapolis (much better lease deals than here in flyover country) Since your kids are young and growing you might well want a different vehicle in a few years. See http://www.leasehackr.co...
by ncbill
Tue Jul 25, 2017 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: How much Umbrella Insurance coverage needed?
Replies: 53
Views: 7545

Re: How much Umbrella Insurance coverage needed?

From what I've read nearly all umbrellas also exclude own household liability, So if your child is injured in an auto accident while it's driven by a parent/sibling there's no coverage under the umbrella. For that reason I've seen buying the maximum Combined Uninsured and Underinsured Motorists limi...
by ncbill
Tue Jul 25, 2017 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: NYT Medicaid Article
Replies: 16
Views: 2644

Re: NYT Medicaid Article

Here it is difficult to get into the best unless you're already a resident in the respective CCRC, since their skilled nursing beds are normally filled by existing residents feeding in from lower levels of care, e.g. assisted living. A stand-alone skilled nursing facility...again, most residents of ...
by ncbill
Mon Jul 24, 2017 10:52 am
Forum: Personal Finance (Not Investing)
Topic: NYT Medicaid Article
Replies: 16
Views: 2644

Re: NYT Medicaid Article

Here in flyover country most skilled nursing home residents not there for Medicare rehab are on Medicaid. So even if your loved one is private pay they're getting the same level of care. The only exceptions ("better" care) here are those skilled nursing beds that are a part of a CCRC. But getting in...
by ncbill
Mon Jul 24, 2017 10:16 am
Forum: Personal Finance (Not Investing)
Topic: MVNO's versus the Big 4
Replies: 52
Views: 4791

Re: MVNO's versus the Big 4

OP seems clear that AT&T offers better coverage in their area than whatever they're currently using (Sprint or T-Mobile) So, among the AT&T MVNOs: Cricket is the simplest option for multi-line plans, and cheapest for 4-5 lines. 4GB/month LTE data per line. Currently it also offers cheaper discounted...
by ncbill
Sat Jul 22, 2017 9:47 am
Forum: Personal Consumer Issues
Topic: Am I getting good advice - replace the AC, not the 21 year old furnace
Replies: 33
Views: 2939

Re: Am I getting good advice - replace the AC, not the 21 year old furnace

The furnace put in 20+ years ago is probably 80% (or less) efficient. When replaced my system (gas furnace/central air) with a dual-fuel heat pump/gas furnace almost a decade ago I went with the cheaper 80% non-condensing gas furnace. I live in a mild climate where nearly all heating is handled by t...
by ncbill
Tue Jul 18, 2017 10:41 am
Forum: Personal Consumer Issues
Topic: Time replace washer and dryer [back of dryer so hot it burnt me]?
Replies: 21
Views: 1668

Re: Time replace washer and dryer [back of dryer so hot it burnt me]?

For future reference, hot spots like that also occur when the heating element is enclosed in a sheet metal box (with an opening up top where it connects to the drum) and the sheet metal cracks. Had a hot spot on the inside of a dryer because of this, so when the heating element needed replacement I ...
by ncbill
Wed Jul 12, 2017 3:48 pm
Forum: Personal Consumer Issues
Topic: Virgin Mobile unlimited talk, text, data for $1?
Replies: 16
Views: 2223

Re: Virgin Mobile unlimited talk, text, data for $1?

If you have multiple lines, Cricket currently offers $10 discount per add'l line.

I just ported in another line via their iPhone SE 64GB ($229) which with discount will be $20/month for unlimited talk/text & 4GB high-speed data.

And Cricket will unlock their smartphones after 6 months of service.
by ncbill
Wed Jul 12, 2017 3:00 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7627

Re: Bogleheads: Please help me pick a new car

I'm sure you'll love it! Audi: lease, because, well...it's German-engineered. :) Subaru: can't recommend the automatic, since the 3rd-party CVT transmission they chose hasn't held up in US-style (higher annual mileage) driving. I don't know where you get your information that the Subaru CVT hasn't ...
by ncbill
Sat Jun 24, 2017 10:43 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7627

Re: Bogleheads: Please help me pick a new car

I'm sure you'll love it!

Audi: lease, because, well...it's German-engineered. :)

Subaru: can't recommend the automatic, since the 3rd-party CVT transmission they chose hasn't held up in US-style (higher annual mileage) driving.
by ncbill
Wed Jun 21, 2017 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Did I just get seriously ripped off?? (Car lease)
Replies: 54
Views: 5479

Re: Did I just get seriously ripped off?? (Car lease)

iirc, one should shoot for a monthly payment of 1% or less (before tax) of the negotiated selling price, according to leasehackr.com. EDIT: 1% including taxes. This lease is almost 1.5%, so no deal. Get out of it if possible and re-negotiate, or find another dealer. and never, ever, pay any capitali...