Search found 350 matches

by wrongfunds
Thu May 25, 2017 2:09 pm
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 223
Views: 10865

Re: Will cars be autonomous in three years?

I am disappointed that the previous reply did not elicit any discussion. Overall, I believe Tony Seba is right on the money although I am not sure if his timeline can be achieved. I suspect it will take little longer than his prediction but there is absolutely no doubt that it is going to happen. To...
by wrongfunds
Thu May 25, 2017 12:52 pm
Forum: Personal Consumer Issues
Topic: Should I get a dual-action polisher for my working car?
Replies: 16
Views: 896

Re: Should I get a dual-action polisher for my working car?

Groits Garage sells their version of dual action polisher for reasonable price. I have one and used it on 15+ year old cars with stellar results. http://imgur.com/a/YqmVS I am somewhat of a gearhead. Before you invest in DA, try this cheap and easy test first. Pick up Meguairs Ultimate Compound and ...
by wrongfunds
Wed May 24, 2017 12:29 pm
Forum: Investing - Theory, News & General
Topic: Anyone else track the value of their investments by discounting the value of equities?
Replies: 64
Views: 3469

Re: Anyone else track the value of their investments by discounting the value of equities?

Oops; that came out completely wrong than the way I wanted it to come out :-( My point was having the 10 years expected expenses stashed in cash or cash equivalent CD only works if that cash does not lose most of its value due to runway inflation. If the sandwich starts costing $100 and the market h...
by wrongfunds
Wed May 24, 2017 12:01 pm
Forum: Investing - Theory, News & General
Topic: Anyone else track the value of their investments by discounting the value of equities?
Replies: 64
Views: 3469

Re: Anyone else track the value of their investments by discounting the value of equities?

whoever said having 10 years worth of expenses in CD; did he consider rampant inflation in case the market craters? Many countries have seen some crazy inflation in history. given your propensity to account for low probability events, I am surprised that you missed this one.
by wrongfunds
Wed May 24, 2017 10:48 am
Forum: Personal Consumer Issues
Topic: Help choose company service gift [choice made!]
Replies: 31
Views: 1821

Re: Help choose company service gift [choice made!]

iPad Mine 2; Not even a contest!
by wrongfunds
Wed May 24, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 4296

Re: At what point to buy new car for safety

I think the claim was that drivers in 3rd world countries are much better at driving. Because if they are not, they get weeded out extremely fast! Try blasting through with only two inches of room on the either side of the vehicle. Seriously, do you think self-driving Google or Tesla could drive on ...
by wrongfunds
Wed May 24, 2017 9:18 am
Forum: Personal Consumer Issues
Topic: Which Small SUV for 15 Year Reliability?
Replies: 90
Views: 7033

Re: Which Small SUV for 15 Year Reliability?

I like your list and it makes sense. Can you provide the supporting data for it though? http://www.freedomchannel.com/road-safety-in-2016-top-10-causes-of-car-accidents-in-the-us/ https://www.nhtsa.gov/research-data https://www.nhtsa.gov/ https://www.nhtsa.gov/risky-driving https://crashstats.nhtsa...
by wrongfunds
Fri May 19, 2017 9:35 am
Forum: Investing - Help with Personal Investments
Topic: I am a huge believer in Passive Indexing.. but.....
Replies: 42
Views: 3095

Re: I am a huge believer in Passive Indexing.. but.....

RE: The Berkshire chart If the starting point were changed to 1993 on that chart (or 2002 etc), does it still show impressive performance over S&P? Both the lines seem to be tracking quite well to each other i.e. the difference between them is relatively constant and NOT growing. That says gains...
by wrongfunds
Fri May 19, 2017 8:57 am
Forum: Personal Consumer Issues
Topic: Which Small SUV for 15 Year Reliability?
Replies: 90
Views: 7033

Re: Which Small SUV for 15 Year Reliability?

I like your list and it makes sense. Can you provide the supporting data for it though?
by wrongfunds
Fri May 19, 2017 8:45 am
Forum: Personal Consumer Issues
Topic: Sony a6500
Replies: 24
Views: 1464

Re: Sony a6500

I haven't noticed a difference in the pictures yet with lens on or off yet.

Ha! Ha!!
by wrongfunds
Thu May 18, 2017 11:08 am
Forum: Investing - Theory, News & General
Topic: If everybody indexed, the only word you could use is chaos, catastrophe
Replies: 48
Views: 6210

Re: If everybody indexed, the only word you could use is chaos, catastrophe

Paradox also suggests that it is very easy to beat the index. All one has to do is to buy low and sell high. The index by definition is not allowed to do that. So surely one can beat the index :-)
by wrongfunds
Thu May 18, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: If everybody indexed, the only word you could use is chaos, catastrophe
Replies: 48
Views: 6210

Re: If everybody indexed, the only word you could use is chaos, catastrophe

Can you resolve this apparent paradox? The S&P500 dumps stocks which are doing poor and buys stock which are doing great. That is its charter given it needs to keep the market cap ratio. That implies it is selling stocks which have low prices and buying stocks which have high prices. This goes a...
by wrongfunds
Wed May 17, 2017 8:01 pm
Forum: Personal Consumer Issues
Topic: Sony a6500
Replies: 24
Views: 1464

Re: Sony a6500

Check this out
https://youtu.be/YcZkCnPs45s?t=594
You will change your opinion about lens filters
by wrongfunds
Wed May 17, 2017 9:52 am
Forum: Investing - Theory, News & General
Topic: If everybody indexed, the only word you could use is chaos, catastrophe
Replies: 48
Views: 6210

Re: If everybody indexed, the only word you could use is chaos, catastrophe

If there is a 250% turnover each year, and 250 trading days each year, how long does it take to build a 5% stake? About a year.

I am not getting the math here. Can you explain it please?
by wrongfunds
Wed May 17, 2017 9:43 am
Forum: Investing - Theory, News & General
Topic: What Will Burst the Next Bubble?
Replies: 66
Views: 6241

Re: What Will Burst the Next Bubble?

Demagogues rise to power. Whatever their stated aims about making things better, they often wind up making things worse (more unequal).

I thought we are not allowed to discuss current politics in this forum.
by wrongfunds
Wed May 17, 2017 9:35 am
Forum: Investing - Theory, News & General
Topic: Do stocks always go up long term?
Replies: 56
Views: 4322

Re: Do stocks always go up long term?

Is somebody willing to argue that Japan's woes are primarily driven by its immigration policy or rather due to lack of it?
by wrongfunds
Wed May 17, 2017 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Buying a luxury car (how dumb would it be to do this?)
Replies: 215
Views: 17060

Re: Buying a luxury car (how dumb would it be to do this?)

Are you guys talking about BMW 5 series diesel?
by wrongfunds
Wed May 17, 2017 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 336
Views: 25122

Re: Picking College and College Scholarships

Fabulous score! I agree that he should go for early and he has a very good chance of getting in to his preferred schools that way.
by wrongfunds
Wed May 17, 2017 7:55 am
Forum: Personal Finance (Not Investing)
Topic: 1999 Honda Accord 175,000 miles CEL Code P1456
Replies: 13
Views: 1368

Re: 1999 Honda Accord 175,000 miles CEL Code P1456

Please check with the state inspection laws. It is possible that your car is exempt from emissions as it is 1999 model. Most of the state inspection follows guidelines set by EPA and quite similar. Unless I am mistaken, your 1999 Honda came standard with ABS, Airbags (both driver and passenger). It ...
by wrongfunds
Tue May 16, 2017 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Funny Letter [Canceling Escrow Account]
Replies: 34
Views: 3951

Re: Funny Letter [Canceling Escrow Account]

I have chosen not to pursue cancelling escrow, because escrow is convenient and rates are low. They pay my taxes and insurance on my behalf each year and I don't have to worry about paying them. Insurance is simple enough because a guy can do autopay. But taxes are a pain, and if you miss them you ...
by wrongfunds
Tue May 16, 2017 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 82
Views: 11983

Re: Regret early retirement/downsizing

One of the fundamental tenet of investing is getting a handle on the effect of compounding. The basis of that is exponential growth. When you plug in your expected rate of return in the Excel spreadsheet, the underneath math is using the exponential formula to come up with the numbers. The three typ...
by wrongfunds
Tue May 16, 2017 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 82
Views: 11983

Re: Regret early retirement/downsizing

RE: "escalating logarithmically" I thought you had made a funny typo but your insistence on being persistently wrong is even more amusing. For everybody's sake please don't tell me you have STEM background. In STEM, there are no alternate truths. Exponential and logarithms are inverse func...
by wrongfunds
Tue May 16, 2017 6:57 am
Forum: Personal Finance (Not Investing)
Topic: 1999 Honda Accord 175,000 miles CEL Code P1456
Replies: 13
Views: 1368

Re: 1999 Honda Accord 175,000 miles CEL Code P1456

This will be hard to fix problem. If your state does not require the emission inspections (e.g. Mass does NOT for that old car) you do not have to fix it. Most likely, there is a pinhole somewhere in the system (e.g. filler neck) because of the rust and corrosion. Most shops do not have the equipmen...
by wrongfunds
Tue May 16, 2017 6:42 am
Forum: Personal Consumer Issues
Topic: Home cordless phone recommendation, which takes AA or AAA batteries
Replies: 30
Views: 1277

Re: Home cordless phone recommendation, which takes AA or AAA batteries

It seems the batteries are costing us more than the original price of the phones. Check ebay/amazon for replacement batteries. For my uniden sets, I can buy them dirt cheap on internet. By the way, you could certainly create your own battery pack from the eneloop but if you are asking for the abili...
by wrongfunds
Mon May 15, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 82
Views: 11983

Re: Regret early retirement/downsizing

vacation expenses are escalating logarithmically

I don't believe that word means what you you think it does :-)
It means exactly the opposite of what I believe you wanted to convey. I know you meant to say "exponentially".
Being a geek, it came across very funny to me.
by wrongfunds
Mon May 15, 2017 7:18 am
Forum: Personal Consumer Issues
Topic: Check engine light. Toyota Avalon 2006, 155K miles [safety issue?]
Replies: 29
Views: 1962

Re: Check engine light. Toyota Avalon 2006, 155K miles [safety issue?]

My friend had a similar issue on his Avalon. I tried to help him but he drove in to dealer's new car lot and bought a new Avalon. The dealer gave him couple of hundred bucks for his old one. Neither of our wives would allow the sale/transfer of his old Avalon for me to take over. I felt I could have...
by wrongfunds
Mon May 15, 2017 7:11 am
Forum: Personal Consumer Issues
Topic: Amazon Echo (Alexa)
Replies: 76
Views: 14665

Re: Amazon Echo (Alexa)

On Saturday Night Live, they did a (parody) commercial for "Alexa Silver" for the senior customers. I could not help but think about us BHs. Definitely do not miss this one on youtube. It took a while before I realized that it was a parody. It was done so well. https://www.youtube.com/watc...
by wrongfunds
Sun May 14, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: How Old Habits Can Sabotage Retirement
Replies: 51
Views: 7046

Re: How Old Habits Can Sabotage Retirement

I mean even if the account was funded with post-tax dollars, you still end up paying taxes on the gains. If you had been smart during your investing years, these should be substantial portion of your account. If you were dumb like I was, you would be paying most pf the taxes as you went along (aka i...
by wrongfunds
Sat May 13, 2017 11:03 am
Forum: Personal Consumer Issues
Topic: Price for brakes and rotors?
Replies: 73
Views: 2939

Re: Price for brakes and rotors?

shops don't flush unless specifically paid for and even then they will balk unless the calipers are pristine. they have no desire to snap the bleeder screw in the middle of 15 minute brake job. things might be different on the no-rust states on the west coast. anyway, it is all water under the bridg...
by wrongfunds
Sat May 13, 2017 9:08 am
Forum: Personal Consumer Issues
Topic: Best take it everywhere camera
Replies: 102
Views: 8943

Re: Best take it everywhere camera

Jumped in to Sony A6000 with the 2-lens kit; I am still in the process of picking up the necessary accessories. I purchased and still reading "the book". There is so much to read and learn about the camera. There are over 150 setting in this camera. I am now little afraid that I might stil...
by wrongfunds
Sat May 13, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Buying a luxury car (how dumb would it be to do this?)
Replies: 215
Views: 17060

Re: Buying a luxury car (how dumb would it be to do this?)

When I think about buying some irrational vehicle because I have the money, the BMW X series has never appealed to me. If I wanted something similar, I would much rather go broke with a Cayenne Turbo. It would be lot more fun to drive but will give you similar massive headaches of ownership. At leas...
by wrongfunds
Sat May 13, 2017 8:34 am
Forum: Personal Consumer Issues
Topic: Price for brakes and rotors?
Replies: 73
Views: 2939

Re: Price for brakes and rotors?

But a typical shop would charge you at least $200 for the parts/axle (he buys from his usual supplier and he has to warranty it, it includes his mark-up on it) and will typically charge hour and half labor (this has to account for the jobs which could drag on because of the rust or something going w...
by wrongfunds
Sat May 13, 2017 8:27 am
Forum: Personal Consumer Issues
Topic: Price for brakes and rotors?
Replies: 73
Views: 2939

Re: Price for brakes and rotors?

The last time I had to do a front brake job on my Honda, I purchased I purchased good quality rotors and pads on the internet (abut $100+) and handed it to my independent shop. I was standing next to the mechanic while he did it. I timed it. It took him less than 17 minutes from the time van got in ...
by wrongfunds
Fri May 12, 2017 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a luxury car (how dumb would it be to do this?)
Replies: 215
Views: 17060

Re: Buying a luxury car (how dumb would it be to do this?)

foreign travel This should get lot more responses now :-) I mean if you have seen one large city, why do you need to see another one? They are all the same! If you see one large water fall, you don't need to visit another one. Why can't you just visit all the touristy points from the comfort of you...
by wrongfunds
Thu May 11, 2017 10:13 am
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 18033

Re: Why save so much for when you're old?

I would have thought being able to start college at 14 puts your son in a the top 0.000001 % of the students in the universe :-) To put it another way, it is impossible for OP to emulate your son or for that matter almost any body else to emulate your son.
by wrongfunds
Wed May 10, 2017 9:43 am
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 18033

Re: Why save so much for when you're old?

Why does 90+ year old have to pay for lunch of his 60+ year sons ? :-)
It should be other way around :-) :-)
by wrongfunds
Wed May 10, 2017 9:18 am
Forum: Personal Consumer Issues
Topic: Time savers - life on automation
Replies: 57
Views: 7210

Re: Time savers - life on automation

I am really perplexed. If you have the ability to use the relays, why would you build something with the suicide plug? Are you aware that if something bad were to happen, the insurance company would deny the coverage.
by wrongfunds
Mon May 08, 2017 11:51 am
Forum: Investing - Theory, News & General
Topic: Are indexed funds overblown?
Replies: 89
Views: 6545

Re: Are indexed funds overblown?

Doesn't most of the transactions done by indexed fund involves buying securities rather than selling them? So if there are more investors using index funds as a whole, the total number of buyers would be far higher than total number of sellers. Does it or does it not then distort the efficient marke...
by wrongfunds
Fri May 05, 2017 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Car Warranty Lies
Replies: 32
Views: 3647

Re: Car Warranty Lies

If you want to buy warranty, buy the one which specifically lists what is NOT COVERED. I believe it is called "Exclusion Warranty". So any part not specifically listed is automatically covered. This avoids all the hassles of claims being denied.
by wrongfunds
Thu May 04, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 213
Views: 17891

Re: Where to Live on $60K or Less a Year?

But the train that goes through town drives me crazy I did not get that at all :-( Anyway, how does one make such a move after being in one place for more than 30 years? How do you establish roots in a different place during the sunset years of your life? I understand if bunch of your friends all d...
by wrongfunds
Thu May 04, 2017 9:38 am
Forum: Personal Consumer Issues
Topic: Great knife for slicing limes and raw potatoes
Replies: 56
Views: 3066

Re: Great knife for slicing limes and raw potatoes

This might be blasphemy to the BH who have $500 knife set but I have had great luck with Made in USA Rada knives from ebay. They are dirt cheap (less $10 shipped to your house) and they work and handle beautifully. When I had some guests commenting on the sharpness of the knife, I just gift them bra...
by wrongfunds
Mon May 01, 2017 8:40 am
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 223
Views: 10865

Re: Will cars be autonomous in three years?

Driving license adoption rate and car ownership rate within one generation is going to take a nose dive. The writing is on the wall. Logically speaking, a private car is one of the most inefficient resource available to western world. All it does is stay parked over 90% of its life. Often, you end u...
by wrongfunds
Thu Apr 27, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: Best take it everywhere camera
Replies: 102
Views: 8943

Re: Best take it everywhere camera

I am now deciding between Canon G9X Mkii or Sony A6000. Yes, they are like apples and oranges :-) I was almost set on G9X for its pocket-ability but then realized that I already have a pocket camera aka iPhone7. So I decided that I can afford to go little bigger if the feature set warrants it. The m...
by wrongfunds
Tue Apr 25, 2017 7:40 pm
Forum: Personal Consumer Issues
Topic: New job and offer - recruiter sent a wrong $$
Replies: 43
Views: 4969

Re: New job and offer - recruiter sent a wrong $$

biscuit wrote:Thanks everyone! Appreciate all your inputs. I decided to move forward with the role for various reasons besides $$.

Am I the only one who does not understand the meaning about the above sentence? Frankly, I have no idea if you are saying you have accepted the offer or rejected the offer.
by wrongfunds
Fri Apr 21, 2017 10:00 pm
Forum: Personal Consumer Issues
Topic: Best take it everywhere camera
Replies: 102
Views: 8943

Re: Best take it everywhere camera

iamlucky13 wrote:That's part of why I like to leave the phone at home, where it belongs.


Yes, phone should be nailed down to the wall :-)
by wrongfunds
Fri Apr 21, 2017 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Filed form 8606 when not needed - should I amend?
Replies: 13
Views: 1781

Re: Filed form 8606 when not needed - should I amend?

We made non-deductible contribution like we do every year but this year I forgot to tell that to TurboTax. It did not generate the Form 8086 showing the updated basis when I e-filed. So I sent the paper copy of the filled out 8086 via postal mail.
by wrongfunds
Thu Apr 20, 2017 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Filed form 8606 when not needed - should I amend?
Replies: 13
Views: 1781

Re: Filed form 8606 when not needed - should I amend?

Don't worry, just to even the score, I forgot to file my 8606 :-) I actually went to ammend but TurboTax told me there was nothing to amend! So I just sent the missing forms and called it a day.
by wrongfunds
Thu Apr 20, 2017 2:25 pm
Forum: Personal Consumer Issues
Topic: Best take it everywhere camera
Replies: 102
Views: 8943

Re: Best take it everywhere camera

Wow, those are really pictures! Are they all from the Fuji?
by wrongfunds
Thu Apr 20, 2017 7:11 am
Forum: Personal Consumer Issues
Topic: Best take it everywhere camera
Replies: 102
Views: 8943

Re: Best take it everywhere camera

Really and truly, if you want better pictures, the person taking the picture must have some notion of what they are doing. They don't have to be a pro. But they have to understand a few things about light and exposure, even with a super-awesome auto everything camera. Otherwise you'll get nice pict...

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