Search found 4319 matches

by randomguy
Thu Mar 23, 2017 10:56 pm
Forum: Investing - Theory, News & General
Topic: The $1,124,176 Car.
Replies: 99
Views: 6747

Re: The $1,124,176 Car.

Buying a BMW versus a Ford Taurus or Toyota Corolla is nothing more than an ego trip. It's all about status and ego. Successful people generally have bigger egos and they definitely get more hung up on the whole status or image thing. Buying that hotshot BMW feeds the ego...buying a Corolla doesn't...
by randomguy
Thu Mar 23, 2017 10:45 pm
Forum: Investing - Theory, News & General
Topic: The $1,124,176 Car.
Replies: 99
Views: 6747

Re: The $1,124,176 Car.

That being said, I can't imagine spending even close to $5,000 a year on a vehicle. The last vehicle I sold cost me about $1,000 a year (vehicle cost + repairs - cost of selling it) over the eleven years I owned it. My oldest vehicle, if I sold it now, would have higher annual costs but still only ...
by randomguy
Thu Mar 23, 2017 7:59 pm
Forum: Investing - Theory, News & General
Topic: AA after reaching your "freedom number"?
Replies: 33
Views: 2360

Re: AA after reaching your "freedom number"?

What are the Bogleheads recommended practices for how to allocate your portfolio once you've reached your "goal" number and wish to stop "working for a living"? Popular opinion from what I've read here seems to be 50(stocks)/50(bonds) or even 40(stocks)/60(bonds). Is this what m...
by randomguy
Thu Mar 23, 2017 7:34 pm
Forum: Investing - Theory, News & General
Topic: The $1,124,176 Car.
Replies: 99
Views: 6747

Re: The $1,124,176 Car.

I bought into the whole car-frugality-mindset a few years ago, and bought a Mr Money Moustache-approved tiny hatchback (a 2010 Toyota Yaris). The driving experience was awful, it was so light that the winds could push it easily, and I think the doors were hollow, no sound-proofing at all. For me, t...
by randomguy
Thu Mar 23, 2017 1:22 pm
Forum: Personal Consumer Issues
Topic: Should I sell my 2016 MDX and just lease? Minimal mileage needs
Replies: 11
Views: 1052

Re: Should I sell my 2016 MDX and just lease? Minimal mileage needs

Using a 20k car instead of a 50k one is pretty much always going to be cheaper. You need to figure out if that cheaper car meets your needs or not.
by randomguy
Thu Mar 23, 2017 11:47 am
Forum: Investing - Theory, News & General
Topic: The $1,124,176 Car.
Replies: 99
Views: 6747

Re: The $1,124,176 Car.

Bogleheads: One of the easiest ways to save money is buying an inexpensive car. I'll explain: It isn't just about inexpensive cars, I'd suggest a better theme would be spending carefully/prudently on any discretionary items, particularly major ones such as cars, vacations, houses, etc. This is a co...
by randomguy
Wed Mar 22, 2017 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement draw down across taxable, 401k, and Roth
Replies: 7
Views: 782

Re: Retirement draw down across taxable, 401k, and Roth

Appreciate general guidance in tax savvy approach to draw down of assets in retirement....with the following assets/portfolio: Scenario -Retirement at 57 (married, both same age) -Pension at 57: 42k (with COLA) -SS at 62: 20k Assets: Taxable Vanguard Account: 500k in Total Stock Market Index Fund R...
by randomguy
Wed Mar 22, 2017 12:12 pm
Forum: Personal Consumer Issues
Topic: Where's the sweet spot in the cost/benefit curve for floor speakers?
Replies: 35
Views: 1922

Re: Where's the sweet spot in the cost/benefit curve for floor speakers?

Depends on how good your ears are. I max out at about 350 bucks.A bit more if you need to fill a big room. Anything more doesn't change much for me. The improvement curve is really sharp between some 50 dollar speakers and the 200 dollar ones. After that the drop off gets sharp AND you can start exp...
by randomguy
Wed Mar 22, 2017 9:23 am
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 168
Views: 13645

Re: "Millionaire Next Door" Net Worth Formula

An interesting thought experiment. If you had enough money to be FI and wealthy, let's say $10MM, how would your lifestyle change? For me, not much. I'd live in the same house, drive the same car, work in the same field. I'd create a DAF and give more to charity. I'd probably retire sooner than I w...
by randomguy
Tue Mar 21, 2017 10:49 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 107
Views: 7172

Re: Tesla Model 3 or Chevy Bolt?

Acton, MA via Edison NJ to Herndon VA At least 4 trips per year. Supercharger density looks quite high along this route. EVTrip Planner shows charging stops at Milford South, Cranbury, and Newark. In an MS 70D with 19" tires, total driving time 7:39, total charging time 1:24, but of course thi...
by randomguy
Tue Mar 21, 2017 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Minimizing Vehicles / Strategies
Replies: 5
Views: 611

Re: Tax Minimizing Vehicles / Strategies

You could do a ROTH IRA but after that there aren't a ton of low hanging fruit other than the spouse getting a new job.
by randomguy
Tue Mar 21, 2017 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 168
Views: 13645

Re: "Millionaire Next Door" Net Worth Formula

There is a confusion between being wealthy and being a millionaire. Having 2-3 million is a long way from the lifestyle that most people would consider wealthy. With an income of say 100-150k, you are defnitely well off. But you aren't remotely in the class that most people would consider wealthy (...
by randomguy
Tue Mar 21, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 168
Views: 13645

Re: "Millionaire Next Door" Net Worth Formula

Case in point. A family member has a supervisor, and between that supervisor and his wife, their annual income is probably around $350k and has been high for years. The cost of living in their area is very low. They are approaching 70 but complain that they'll have a hard time retiring because thei...
by randomguy
Tue Mar 21, 2017 8:14 am
Forum: Personal Consumer Issues
Topic: Best way to expand my vocabulary?
Replies: 79
Views: 3193

Re: Best way to expand my vocabulary?

Everybody has two volcabularies. Productive vocabulary is what you say or write. Receptive vocabulary is what you understand. Reading material that is a stretch for you will increase your receptive vocabulary. This is a good thing because you will understand more people, and are less likely to be b...
by randomguy
Mon Mar 20, 2017 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended emergency fund for middle class households: $13,800
Replies: 64
Views: 6343

Re: Recommended emergency fund for middle class households: $13,800

36+ months of expenses +1 +1 -1 I have 0 dollars of money in an emergency fund. If I get some expenses, I will sell a bunch of my investments. I see no need to give some percentage of my stocks/bonds a special name. Personally I couldn't sleep well at night knowing I had 36 months of money wasting ...
by randomguy
Mon Mar 20, 2017 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 168
Views: 13645

Re: "Millionaire Next Door" Net Worth Formula

I am honestly not being sarcastic or negative but I just do not get this.I mean is it not basic common sense that the more frugal you live the more money you will save?I can guarantee you all those millionaire next door types that are 70,80 years old now never needed a brilliant PHD to tell them if...
by randomguy
Mon Mar 20, 2017 9:08 pm
Forum: Investing - Theory, News & General
Topic: Harvard endowment beats S&P 500 by 2% a year over last 40 years
Replies: 50
Views: 5896

Re: Harvard endowment beats S&P 500 by 2% a year over last 40 years

One thing to remember is that comparing the harvard endowment to the S&P isn't fair. The endowment has some income requirements that prevent it from being 100% stocks. One of the reasons for the restructuring after 2007-8 was a realization that the investments they were in didn't meet the requir...
by randomguy
Mon Mar 20, 2017 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 168
Views: 13645

Re: "Millionaire Next Door" Net Worth Formula

While I agree that keeping expenses down will help become a millionaire, I have a hard time with the BMW vs. F150. Has anyone looked at a new F150 cost? It's as much or more than a BMW so I don't think car choices matter that much. If you replace your car every 2 or 3 years then yes that does matte...
by randomguy
Sun Mar 19, 2017 1:36 pm
Forum: Personal Consumer Issues
Topic: What is ideal master bedroom size?
Replies: 30
Views: 2218

Re: What is ideal master bedroom size?

Ignoring things like reseale, the size will depend on your usage. It is easy to sketch out what you need to hold a king, 2 tables, dresser,... . That is great if all you do is sleep in your bedroom. If the bedroom is more of a retreat with couch, tv, fireplace, and so on you can rapidly add space. I...
by randomguy
Sun Mar 19, 2017 8:40 am
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 168
Views: 13645

Re: "Millionaire Next Door" Net Worth Formula

It's a very handy rule of thumb for assessing one's net worth status. Expected Net Worth = Age(years) * total_income * 10% I think this is not very meaningful nor likely to provide enough of a nest egg for one to live off of in retirement. 50 year old should have 5 times annual income 60 year old s...
by randomguy
Sat Mar 18, 2017 7:36 pm
Forum: Personal Consumer Issues
Topic: Suspicious organic products
Replies: 96
Views: 4741

Re: Suspicious organic products

Went to the local walmart grabbed one just to try. At home I opened the package and realized that my wife bought the exact same brand exact same size exact same rice just not organic. You won't believe how they both look exactly same. The texture the color, the size the shape. The price is 50% more...
by randomguy
Sat Mar 18, 2017 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 101
Views: 9463

Re: Early Retirement - what to do about healthcare?

While the OP has some time before this is likely to become an issue, how are people factoring in long-term health care costs, especially if longevity runs in the family? ... For us, it will be paid out of portfolio, just like everything else. If we both are in LTC at the same time, we'll have essen...
by randomguy
Sat Mar 18, 2017 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) Traditional vs Roth
Replies: 26
Views: 1557

Re: 401(k) Traditional vs Roth

It makes a difference when you are maxing out an account. 18k ROTH versus 18k TIRA and 6k taxable is not the same as 18k tIRA versus a 13.5k ROTH. The second case is commutative math. The first isn't. Quite true. That situation is covered in Traditional versus Roth - Maxing_out_your_retirement_acco...
by randomguy
Sat Mar 18, 2017 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) Traditional vs Roth
Replies: 26
Views: 1557

Re: 401(k) Traditional vs Roth

The bogleheads wiki has an outstanding page on all the factors to consider. I highly recommend reading it. Sorry I don't have the link. The growth is tax free in both traditional and Roth. The difference is whether the tax bite is taken at the beginning or the end. If the tax rate is the same, ther...
by randomguy
Sat Mar 18, 2017 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) Traditional vs Roth
Replies: 26
Views: 1557

Re: 401(k) Traditional vs Roth

The bogleheads wiki has an outstanding page on all the factors to consider. I highly recommend reading it. Sorry I don't have the link. The growth is tax free in both traditional and Roth. The difference is whether the tax bite is taken at the beginning or the end. If the tax rate is the same, ther...
by randomguy
Sat Mar 18, 2017 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Divesting to heirs. When and how quickly.
Replies: 45
Views: 3956

Re: Divesting to heirs. When and how quickly.

I'd go with the $50k a year. It is a really nice boost for everyone's finances but not a massive windfall that they might just go crazy with. And, if it doesn't seem to be working out, you can always stop or suspend the gifts for awhile. Giving a lump sum up front gets money out of the estate. Givi...
by randomguy
Sat Mar 18, 2017 3:51 pm
Forum: Investing - Theory, News & General
Topic: Risks of MLPs
Replies: 26
Views: 1549

Re: Risks of MLPs

I believe that it was Taylor who posted, "More money has been lost stretching for yield than at the point of a gun." Anything that yields 7% in today's low yield, highly priced financial markets has risk whether its recognized up front or not. Concentrating in a such a small segment of th...
by randomguy
Fri Mar 17, 2017 11:28 pm
Forum: Personal Consumer Issues
Topic: Autonomous Vehicles and Drone Deliveries
Replies: 31
Views: 1598

Re: Autonomous Vehicles and Drone Deliveries

Drone delivery is almost certainly going to be here but in a different way than people think. First, I think the most obvious will be drone / truck hybrids. Because of the distance issue from a warehouse we will still load trucks up but rather than stopping at every home the driver will stop at a k...
by randomguy
Thu Mar 16, 2017 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Roth and Marriage ?
Replies: 12
Views: 1467

Re: Roth and Marriage ?

I have a premarital roth that I want to add money too it from selling some premarital stock I own. If I do that does the money still remain non-marital money? I have never added marital income to the Roth. Live in Illinois. The rules say what you have prior to marriage stays yours but not sure if t...
by randomguy
Thu Mar 16, 2017 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: Do you avoid international investing like Jack Bogle?
Replies: 151
Views: 7406

Re: Do you avoid international investing like Jack Bogle?

And this is just a preview of what a U.S. collapse would look like on the global stage. The entire post-Bretton Woods global system of trade and commerce relies on the United States. Heck, the U.S. invented the entire thing as a counter to the Soviet Union and continued it after the Cold War. But a...
by randomguy
Thu Mar 16, 2017 8:51 pm
Forum: Investing - Theory, News & General
Topic: Help with rebuttal to a Facebook post
Replies: 36
Views: 3794

Re: Help with rebuttal to a Facebook post

The biggest problem I see is that I doubt that they can produce many if any people who actually achieved the claimed "better than the index" results, which is a very narrowly defined measurement of lifetime results. Most investors don't stick with a fund that long and even fewer of those ...
by randomguy
Thu Mar 16, 2017 7:57 pm
Forum: Personal Consumer Issues
Topic: should I baulk at this used plug-in hybrid? (Ford C-Max Energi)
Replies: 25
Views: 1306

Re: should I baulk at this used plug-in hybrid? (Ford C-Max Energi)

if people can realistically use a leaf of Cmax energi and most can.... THERE ARE AMAZING used car deals out there. Both of those cars are right around $30k new and you can get a prime used late model specimen with low miles for around $10k. What a steal. I dont' know. I think I would buy the new le...
by randomguy
Wed Mar 15, 2017 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Balancing saving for a house and retirement
Replies: 8
Views: 479

Re: Balancing saving for a house and retirement

You have like 400k+ dollar in taxable between the UGMA, taxable account, house fund, savings,....Don't you think that is plenty of money? Personally in your boat I would maxing out those tax advantaged spaces. Shoving 18k in a ROTH instead of having 18k in taxable tends to be good move. I would say...
by randomguy
Wed Mar 15, 2017 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: Balancing saving for a house and retirement
Replies: 8
Views: 479

Re: Balancing saving for a house and retirement

You have like 400k+ dollar in taxable between the UGMA, taxable account, house fund, savings,....Don't you think that is plenty of money? Personally in your boat I would maxing out those tax advantaged spaces. Shoving 18k in a ROTH instead of having 18k in taxable tends to be good move. I would say ...
by randomguy
Wed Mar 15, 2017 5:38 pm
Forum: Personal Consumer Issues
Topic: should I baulk at this used plug-in hybrid? (Ford C-Max Energi)
Replies: 25
Views: 1306

Re: should I baulk at this used plug-in hybrid? (Ford C-Max Energi)

Dealer just offered me $30,675 for the sale on a 2016 LEAF S, minus $17,500 in incentives, plus docs fees + tax on full amount = $15,550 all-in. Add $1000-1500 for a 2017 LEAF S (with 30 kWh battery). Kinda tempting when a decent used LEAF still under battery degradation warranty is around $8,000-1...
by randomguy
Wed Mar 15, 2017 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Do you avoid international investing like Jack Bogle?
Replies: 151
Views: 7406

Re: Do you avoid international investing like Jack Bogle?

Isn't this the same argument as why bother with 20% fixed income, just go 100% equities because how is 20% going to help or hurt you? No, because those are quite different asset classes and risk levels for each.[/quote] It is the same argument. Making slight changes doesn't do much. Going 80/20 dro...
by randomguy
Wed Mar 15, 2017 1:43 pm
Forum: Investing - Theory, News & General
Topic: Shiller says market is "way overpriced" - what a shocker
Replies: 34
Views: 4174

Re: Shiller says market is "way overpriced" - what a shocker

Uh, sure. So for the next 4 years we would have to see only 3% growth for his earliest prediction here to pan out - is that possible, maybe. Is it likely - well you can judge for yourself. It isn't a strawman argument - we don't have to wait the full ten years to see if the logic is panning out as ...
by randomguy
Wed Mar 15, 2017 1:29 pm
Forum: Personal Consumer Issues
Topic: Laundry lifestyle creep
Replies: 59
Views: 9051

Re: Laundry lifestyle creep

Pay attention to the Tide commercials. They now show people throwing 2-3 PODS in the washing machine to increase the cleaning. I use unit dose and consider it a small price to pay for convenience. Stick with the higher end brands - they DO clean better. Or maybe they throw 3 in to encourage you to ...
by randomguy
Wed Mar 15, 2017 1:24 pm
Forum: Personal Consumer Issues
Topic: should I baulk at this used plug-in hybrid? (Ford C-Max Energi)
Replies: 25
Views: 1306

Re: should I baulk at this used plug-in hybrid? (Ford C-Max Energi)

I have a hard time predicted 7-10 years anymore. I can only make a reasonable estimation that I'll be putting on 4K/yr for next 3-4 years. I just can't justify a new car price / being produced for that mileage... a 10 year old car with only 40K miles? Seems wasteful (if you can't tell, I suffer fro...
by randomguy
Wed Mar 15, 2017 12:24 pm
Forum: Personal Consumer Issues
Topic: PayPal - Any Disadvantages?
Replies: 28
Views: 2233

Re: PayPal - Any Disadvantages?

I agree with all of the above. I unlinked my bank account from PayPal years ago, and only use it with my Amex where required. In my experience PayPal's dispute resolution process is useless to customers. The last time I had a dispute, PayPal took the seller's word with no proof and ignored the fact...
by randomguy
Wed Mar 15, 2017 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: How to handle portfolio while living off investments?
Replies: 11
Views: 1086

Re: How to handle portfolio while living off investments?

No on dividend ETFs. Maybe on value ETFs -- that's the basis of "the Larry Portfolio". But there's nothing special about retirement for value ETFs. If you didn't believe in value earlier, why start now? Given the shorter time period, you run a higher risk of hitting one of the periods wer...
by randomguy
Wed Mar 15, 2017 11:54 am
Forum: Personal Consumer Issues
Topic: Temporarily registering new car at friend's address -- anything wrong?
Replies: 39
Views: 2092

Re: Temporarily registering new car at friend's address -- anything wrong?

Do I honestly think they could disprove my argument that I planned on moving to county B permanently so I bought a vehicle and registered in county B, but then changed my mind a week later and returned to county A? No. . They don't have to disprove that. They just have to prove that you were not li...
by randomguy
Wed Mar 15, 2017 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Do you avoid international investing like Jack Bogle?
Replies: 151
Views: 7406

Re: Do you avoid international investing like Jack Bogle?

You will get a wide range answers on this question. That being said, Jack has said along the way, that if you prefer to invest internationally, hold the allocation to 20% of your equity allocation- which is what I follow. Taylor seems to sum up the matter perhaps better, stating that when the exper...
by randomguy
Wed Mar 15, 2017 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Do you avoid international investing like Jack Bogle?
Replies: 151
Views: 7406

Re: Do you avoid international investing like Jack Bogle?

If I were in the acquisition phase, I would be buying international. But I'm not, and I see no reason to sell my Vanguard TSM (all in taxable) to buy international. Because you can no longer take on the risk of US stocks underperforming for a decade. When you are acquiring stocks, it doesn't matter...
by randomguy
Wed Mar 15, 2017 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Do you avoid international investing like Jack Bogle?
Replies: 151
Views: 7406

Re: Do you avoid international investing like Jack Bogle?

I believe that the argument that many US companies are multinational carries some weight but I don't know how to put a number on that. I do have some international within balanced funds but it's probably not enough to make much difference. Japan had a ton of multinational companies in it's index so...
by randomguy
Wed Mar 15, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: should I baulk at this used plug-in hybrid? (Ford C-Max Energi)
Replies: 25
Views: 1306

Re: should I baulk at this used plug-in hybrid? (Ford C-Max Energi)

I am very familiar with Tesla batteries, but I think that it probably generalizes. Batteries like to be between 20-80% charged, 10-90% is okay also, but 0% is bad and 100% (unless you're going driving within a few hours) is not good. A catch phrase among Tesla owners is: "a plugged in Tesla is...
by randomguy
Wed Mar 15, 2017 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Moble Eye symbol MBLY
Replies: 4
Views: 303

Re: Moble Eye symbol MBLY

Some time ago took a small position in Mobile Eye, MBLY. The stock was a loser (like all my individual stock picks) till Monday - Intel is buying MBLY for 63.54 over the next 90 days, closing price yesterday was 60.74 so all good for the initial trade. :o :D Am I crazy to buy more at the 60.74 pric...
by randomguy
Wed Mar 15, 2017 9:35 am
Forum: Personal Consumer Issues
Topic: should I baulk at this used plug-in hybrid? (Ford C-Max Energi)
Replies: 25
Views: 1306

Re: should I baulk at this used plug-in hybrid? (Ford C-Max Energi)

Love your brevity :) My utility is currently offering $10,000 off a new LEAF (excludes all other dealer incentive). Still can't justify a new one though when 2013's can be had for $8K. Thinking about eBay, given that I'm in flyover country with EVs far and few between. I don't know. 17500 (includin...
by randomguy
Tue Mar 14, 2017 6:37 pm
Forum: Investing - Theory, News & General
Topic: Why don't things "feel" bubbly?
Replies: 76
Views: 8335

Re: Why don't things "feel" bubbly?

Agree, the difference between 20% (bear market definition) and 19.4% (the decline in 2011 as cited here: http://www.yardeni.com/pub/sp500corrbear.pdf) seems de minimis. 2011 felt like a bear to me at the time, but it seems totally forgotten nowadays. That is how it always is. We think of the late 9...
by randomguy
Tue Mar 14, 2017 6:30 pm
Forum: Personal Consumer Issues
Topic: Autonomous Vehicles and Drone Deliveries
Replies: 31
Views: 1598

Re: Autonomous Vehicles and Drone Deliveries

In my opinion, drone delivery is a fancy toy. Its certainly doable, but what benefit does it truly bring you ? It replaces a delivery system that depends on humans bringing you the stuff to your post box. That replacement may have advantages in cost, speed or convenience - but its an incremental im...

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