Search found 449 matches

by wrongfunds
Tue Jul 25, 2017 11:09 am
Forum: Personal Consumer Issues
Topic: Lifetime Tire Alignment
Replies: 29
Views: 1843

Re: Lifetime Tire Alignment

Once again if you understand a typical car suspension, you will realize that unless you bent a mechanical part and had to replace it, there is nothing to adjust. When a suspension part has developed too much play, it needs to be replaced. If the part to be replaced has adjustment, then you need to r...
by wrongfunds
Tue Jul 25, 2017 11:01 am
Forum: Personal Consumer Issues
Topic: 2017 Genesis
Replies: 34
Views: 3361

Re: 2017 Genesis

Serpentine belts can break on any car and 40k is probably when they can start going bad

Heck no! I expect at least 100K/10year from serpentine belt from a typical Japanese vehicle.
by wrongfunds
Tue Jul 25, 2017 10:53 am
Forum: Personal Consumer Issues
Topic: [Amazon Prime Day]
Replies: 77
Views: 8204

Re: [Amazon Prime Day]

I have no subscription to any of those type of services and do not plan on paying for it.
by wrongfunds
Mon Jul 24, 2017 10:26 pm
Forum: Personal Consumer Issues
Topic: [Amazon Prime Day]
Replies: 77
Views: 8204

Re: [Amazon Prime Day]

I am the 2nd adult on my son's prime account. I believe Prime Music is only available to the primary account holder.
by wrongfunds
Mon Jul 24, 2017 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing? (dual physician household)
Replies: 45
Views: 5024

Re: How am I doing? (dual physician household)

Let's stay focused on helping the OP. Exactly what kind of "help" is he asking here? I have seen many people have asked clarification. Some have been sarcastic because they did not believe the original question was asked in good faith. Leaving that part aside, can you elaborate on what ar...
by wrongfunds
Mon Jul 24, 2017 8:56 pm
Forum: Personal Consumer Issues
Topic: [Amazon Prime Day]
Replies: 77
Views: 8204

Re: [Amazon Prime Day]

I used my "Fathers Day credit with my son" to get Echo Dot. It is impressive piece of technological show case but I suspect once I have asked all the stupid questions to Alexa, the novelty is going to wear off quickly. But for $30 bucks I did not feel too bad to guilt my son in to gifting...
by wrongfunds
Mon Jul 24, 2017 8:42 am
Forum: Personal Consumer Issues
Topic: Lifetime Tire Alignment
Replies: 29
Views: 1843

Re: Lifetime Tire Alignment

and once you replace the tires, the "lifetime" will be over :-)

But save your money. Unless tires are wearing funny, don't bother.
by wrongfunds
Mon Jul 24, 2017 8:37 am
Forum: Personal Consumer Issues
Topic: 2017 Genesis
Replies: 34
Views: 3361

Re: 2017 Genesis

Reliability wise and maintenance wise Ghilbi is slam dunk :-) Is OP currently Toyota/Lexus owner? He will find Ghilbi to be completely night and day. Just so that you know, Ghilbi could not even complete its test drive from car magazines without being towed. If you are not in 10+M, you don't buy Mas...
by wrongfunds
Sun Jul 23, 2017 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: What's your personal savings rate?
Replies: 114
Views: 7332

Re: What's your personal savings rate?

Here is another previously discussed topic which confirms that we do not have single way to measure the savings rate.

viewtopic.php?f=2&t=215276&p=3306309#p3306309
by wrongfunds
Sun Jul 23, 2017 8:07 am
Forum: Personal Consumer Issues
Topic: Shopping for first bike since I was a kid
Replies: 120
Views: 6128

Re: Shopping for first bike since I was a kid

My fiend asked me if he is making a mistake buying this but as far as I could see, he is getting a great deal on reasonably specc'd components. I suspect LBS will sell this close to the list price and it should be comparable to to similar Specialized bike.

https://www.diamondback.com/insight-2
by wrongfunds
Sat Jul 22, 2017 12:43 pm
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 201
Views: 13621

Re: Buying house - Very important decision

We are all very glad for it! You will find the right house eventually but take your time and enjoy the house freedom that you still have :-)
by wrongfunds
Sat Jul 22, 2017 10:44 am
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 201
Views: 13621

Re: Buying house - Very important decision

And he is right. The insurance and taxes will go up *lot* more than $30 per month year over year when you do buy a house. Anybody who tells you otherwise will be lying to you.
by wrongfunds
Sat Jul 22, 2017 8:16 am
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 201
Views: 13621

Re: Buying house - Very important decision

Come on, $30 per month means she would be paying extra $10,800 for next 30 years even if the rent did NOT go up from next year on wards. Now doesn't it make sense to go for $535K house to save that $10,800 in extra rent?
by wrongfunds
Sat Jul 22, 2017 8:05 am
Forum: Personal Consumer Issues
Topic: Shopping for first bike since I was a kid
Replies: 120
Views: 6128

Re: Shopping for first bike since I was a kid

If I were to be honest, we put about 200 miles per year for first 4 years and 5 years ago got back on it and are putting about 400 miles per year. These are all easy rail trail miles. I patched one flat and straightened front sock after a fall. That is the only repair that I have done so far apart f...
by wrongfunds
Thu Jul 20, 2017 4:46 pm
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 201
Views: 13621

Re: Buying house - Very important decision

She reported that her rent did NOT go up but she does not know what will happen in future.
by wrongfunds
Thu Jul 20, 2017 4:22 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 81
Views: 9680

Re: % bogleheads of overall population

How is the data obtained? I understand that getting household income from tax database is easy but how do they obtain the net worth information? I do not believe one in every ten household across the entire united states has net worth of over $1M excluding equity in their primary residence (another ...
by wrongfunds
Thu Jul 20, 2017 11:41 am
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 81
Views: 9680

Re: % bogleheads of overall population

Would somebody care to explain the following chart previously posted? It is being claimed that 10% of "something" (households? populations? Forbes subscribers?) have net worth greater than $0.9M and 5% are over $1.8M. Suffices to say, I do not believe this at all. https://dqydj.com/wp-cont...
by wrongfunds
Thu Jul 20, 2017 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Approaching major milestone, need cool-headed advice
Replies: 34
Views: 4690

Re: Approaching major milestone, need cool-headed advice

Can he not defer/never pay taxes on the profit from primary house sell? Is there a time or amount limit on having to pay taxes on the gain?
by wrongfunds
Thu Jul 20, 2017 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Partial withdrawal strategies
Replies: 5
Views: 404

Re: Partial withdrawal strategies

Have you not been paying taxes on your taxable account so far? The tax implication would be the same as before. More money, more 1099 to add to your tax returns. Were your taxes handled completely by an accountant in the past? With the new investment money, you can purchase tax efficient funds (or e...
by wrongfunds
Thu Jul 20, 2017 7:45 am
Forum: Personal Consumer Issues
Topic: Property in Rural Area that is going "chic"
Replies: 19
Views: 2642

Re: Property in Rural Area that is going "chic"

And you did not even talk about the traffic gridlock while going there or coming back.
by wrongfunds
Thu Jul 20, 2017 7:33 am
Forum: Personal Consumer Issues
Topic: Shopping for first bike since I was a kid
Replies: 120
Views: 6128

Re: Shopping for first bike since I was a kid

You are right about that! They were made in USA (I think) by Huffy
by wrongfunds
Wed Jul 19, 2017 4:12 pm
Forum: Personal Consumer Issues
Topic: Shopping for first bike since I was a kid
Replies: 120
Views: 6128

Re: Shopping for first bike since I was a kid

Our close to 30 years bikes purchased from a department store (less than $100 each) are still being used. Wife got a new one but later she told me that her brand new expensive bike bought from LBS was really not necessary. Mind you, the new bike is better but NOT 7 times better than the old one! Why...
by wrongfunds
Wed Jul 19, 2017 8:04 am
Forum: Personal Consumer Issues
Topic: Senior Lifetime National Parks Pass Fee Going Up
Replies: 68
Views: 9071

Re: Senior Lifetime National Parks Pass Fee Going Up

Something to keep in mind is that the senior pass needs to have "the senior" physically sitting in the car every time you cross the park boundary. This is not an issue if you have lodging inside the park but if you are staying outside, you need to drag that senior with you every single tim...
by wrongfunds
Tue Jul 18, 2017 2:07 pm
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 201
Views: 13621

Re: Buying house - Very important decision

But you have to be happy about the house that you are buying otherwise it would be a total disaster and will drive a huge wedge in your life.
by wrongfunds
Tue Jul 18, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: $1368 for new shocks/struts on '05 Corolla?
Replies: 83
Views: 4895

Re: $1368 for new shocks/struts on '05 Corolla?

sorry, what I meant is that any place which tells you "this offer is valid right now and will be void if you don't take it immediately" is to be avoided at all costs in any field of life.
by wrongfunds
Tue Jul 18, 2017 7:42 am
Forum: Personal Consumer Issues
Topic: $1368 for new shocks/struts on '05 Corolla?
Replies: 83
Views: 4895

Re: $1368 for new shocks/struts on '05 Corolla?

They were willing to give me 50% off the labor costs if I got the work done right then and there. This should be HUGE RED FLAG. Do you not have any trusted independent shop that can give you honest diagnostics? I understand that majority of car repair places is filled with less than honest personne...
by wrongfunds
Mon Jul 17, 2017 8:42 am
Forum: Personal Finance (Not Investing)
Topic: How to use retirement funds for college without penalities or taxes?
Replies: 31
Views: 1964

Re: How to use retirement funds for college without penalities or taxes?

May be I am wrong but front loading 529 or similar account while the child is an infant seems to be option only for BH who were already in the 2-comma club at that time. At least they never had to give up funding for retirement for front loading 529. Please correct me if your personal experience is ...
by wrongfunds
Mon Jul 17, 2017 8:14 am
Forum: Investing - Help with Personal Investments
Topic: When, if ever, does it make sense to cease contributing the 401K max?
Replies: 40
Views: 5221

Re: When, if ever, does it make sense to cease contributing the 401K max?

"Taxes are the most expensive thing in retirement," said Hays. "Think about it, you pay 30 percent or so every time you want to access your money. Is this really true? Doesn't it depend upon the size of the withdrawal and your other income? I am thinking that it is being treated as i...
by wrongfunds
Sat Jul 15, 2017 8:16 am
Forum: Personal Consumer Issues
Topic: [Amazon Prime Day]
Replies: 77
Views: 8204

Re: [Amazon Prime Day]

I used my "Fathers Day credit with my son" to get Echo Dot. It is impressive piece of technological show case but I suspect once I have asked all the stupid questions to Alexa, the novelty is going to wear off quickly. But for $30 bucks I did not feel too bad to guilt my son in to gifting ...
by wrongfunds
Sat Jul 15, 2017 7:33 am
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 201
Views: 13621

Re: Buying house - Very important decision

Well hubby is now negotiating with leasing and they *may* only increase rent by 1 or 1.5%. Keeping our fingers crossed. That 530k house is still active and is tempting us, especially me, a lot. I am worried we may be passing over a pretty good value for money in terms of price per sqft Well, my wif...
by wrongfunds
Fri Jul 14, 2017 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Was it unprofessional for the HR manager to ask for my salary history in front of a peer at a job interview?
Replies: 74
Views: 7357

Re: Was it unprofessional for the HR manager to ask for my salary history in front of a peer at a job interview?

For my last major job search, I made the final round at 4 places, and 3 of them asked if I was single and if I have kids, and one of them asked if I planned to have kids. These weren't HR people but rather the hiring committee. They knew the questions were illegal, but they asked anyway. I'm pretty...
by wrongfunds
Fri Jul 14, 2017 8:48 am
Forum: Personal Consumer Issues
Topic: Shopping for first bike since I was a kid
Replies: 120
Views: 6128

Re: Shopping for first bike since I was a kid

The anti-BH bike: https://budnitzbicycles.com/our-company Why do you say that? I do not find their prices out of line compared to other premium bicycles. Mind you, I ride a department store bike (bought 30 years ago; I am an engineer, I tweak and tune it so that it is good enough for my needs) but ...
by wrongfunds
Fri Jul 14, 2017 8:36 am
Forum: Personal Consumer Issues
Topic: Electronics question [broken monitor]
Replies: 27
Views: 1628

Re: Electronics question [broken monitor]

how much for shipping those $4 capacitors?
by wrongfunds
Thu Jul 13, 2017 1:55 pm
Forum: Investing - Theory, News & General
Topic: Article: Get diploma, FT job and spouse - then have kids
Replies: 4
Views: 744

Re: Article: Get diploma, FT job and spouse - then have kids

How is this actionable? Do you think there are BH here who have kids but no spouse and no FT job?

I think this is one of those social/political topic and will eventually get locked as I see nothing worthwhile to come out of this discussion.
by wrongfunds
Thu Jul 13, 2017 1:49 pm
Forum: Investing - Theory, News & General
Topic: Why Simple beats complex
Replies: 71
Views: 6560

Re: Why Simple beats complex

Can we say this?

"Empirical evidence suggests that complex strategy does NOT beat the simple strategy consistently over the long term".

Long terms could be 20-40 years. Please notice how the above is very similar to active vs indexing paradigm.
by wrongfunds
Thu Jul 13, 2017 1:32 pm
Forum: Personal Consumer Issues
Topic: Checking out older used car purchase
Replies: 7
Views: 523

Re: Checking out older used car purchase

OP said I have ZERO competence in car repairs/knowledge Why and how would he micromanage? But I agree with you. Let the shop do the work. One could ask for checking the stored code in the computer (trivial), doing the compression tests (not that easy) as health check but a trained eye can notice bun...
by wrongfunds
Thu Jul 13, 2017 12:03 pm
Forum: Personal Consumer Issues
Topic: Checking out older used car purchase
Replies: 7
Views: 523

Re: Checking out older used car purchase

2. We have a local car repair place that is very cost-effective and ethical. What might we have them do and for what cost in evaluating such a vehicle before purchasing - either from a private party or a dealer? Perfect! Talk with this shop *before* going any further with the car that you are inter...
by wrongfunds
Thu Jul 13, 2017 11:56 am
Forum: Personal Consumer Issues
Topic: Rental Car - Which Credit Card to be used
Replies: 9
Views: 630

Re: Rental Car - Which Credit Card to be used

And practice saying "No" in front of counter when you actually rent the vehicle; it will be extremely hard sell to purchase the additional insurance and you will get lots of reasons as to why your primary insurance through the card is not good enough. All those reasons are good or at least...
by wrongfunds
Thu Jul 13, 2017 11:15 am
Forum: Investing - Help with Personal Investments
Topic: When, if ever, does it make sense to cease contributing the 401K max?
Replies: 40
Views: 5221

Re: When, if ever, does it make sense to cease contributing the 401K max?

Even if that were the case, does it mean they should have rather given up the tax advantage space earlier in their earning years just in case the RMD after 70 puts them in the higher bracket? I think the answer is resounding no.
by wrongfunds
Thu Jul 13, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 365
Views: 29542

Re: Picking College and College Scholarships

My HS sent a "truant officer" Why do I think there is some relationship between the words "truant officer" and "parole officer"? If it were not posted by Tomato, I would have assumed those words had very similar meaning! Upon re-reading, I wonder if the "truant of...
by wrongfunds
Thu Jul 13, 2017 10:31 am
Forum: Personal Finance (Not Investing)
Topic: How to use Retirement Funds for College Savings
Replies: 53
Views: 2491

Re: How to use Retirement Funds for College Savings

May be I am missing something here. If one is not in a position to maximize the retirement savings via available tax-advantaged plans, why would he be considering funding the college for offsprings? Frankly, I can't think of a situation where financial situation prevent from maximizing the savings b...
by wrongfunds
Thu Jul 13, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: Television Provider Options 2017
Replies: 24
Views: 1434

Re: Television Provider Options 2017

high speed internet, tablo box, ota antenna, kodi, netflix, amazon prime. also vpn on your router

how is that related to cord cutting? I am not understanding it.
by wrongfunds
Thu Jul 13, 2017 7:44 am
Forum: Personal Consumer Issues
Topic: How did you handle the costs of your child's wedding?
Replies: 170
Views: 11935

Re: How did you handle the costs of your child's wedding?

"Yeh shaadi nahi hongi"

then they elope! One can always wish :-)
by wrongfunds
Wed Jul 12, 2017 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: When, if ever, does it make sense to cease contributing the 401K max?
Replies: 40
Views: 5221

Re: When, if ever, does it make sense to cease contributing the 401K max?

Couple filing jointly and having a taxable income of up to $75,900 are in 15% bracket. Above that income, marginal rates range from 25% to 39.6%. Your 401K and IRA money will be taxed at your marginal rates when you withdraw or are forced to withdraw in retirement, but the long term capital gains i...
by wrongfunds
Wed Jul 12, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: $1368 for new shocks/struts on '05 Corolla?
Replies: 83
Views: 4895

Re: $1368 for new shocks/struts on '05 Corolla?

Once again, if you do not know enough to look at Youtube to see the difficulty involved in doing the work AND you ask here without bothering to do your homework first, then NO, you are NOT capable of doing the work.
by wrongfunds
Wed Jul 12, 2017 9:05 am
Forum: Personal Consumer Issues
Topic: $1368 for new shocks/struts on '05 Corolla?
Replies: 83
Views: 4895

Re: $1368 for new shocks/struts on '05 Corolla?

Only on BH, somebody asking about new shocks/struts would be advised to go ahead and do it yourself! Are you guys really that clueless to realize somebody asking this question is obviously has no skills/experience to do this job? Go to Corolla forum and do the research there and figure out reasonabl...
by wrongfunds
Wed Jul 12, 2017 7:45 am
Forum: Investing - Help with Personal Investments
Topic: Stop contributing to 529 on 50% chance grandparents pay
Replies: 42
Views: 2903

Re: Stop contributing to 529 on 50% chance grandparents pay

Talking about state of IL, they owe my kid $58 as out of state income tax refund. They still have not send the check. It is still being "processed". It has been months since feds and other states refunded the over-payment of the tax. It does look to me that IL is trying to hold on every si...
by wrongfunds
Wed Jul 12, 2017 7:38 am
Forum: Investing - Theory, News & General
Topic: Retirement is Risky Business
Replies: 41
Views: 6783

Re: Retirement is Risky Business

They are backed by the state, at least up to a certain amount.
Do you have to remain the resident of that state? Regardless, if the company declares bankruptcy, what recourse does the state have?
by wrongfunds
Tue Jul 11, 2017 12:41 pm
Forum: Investing - Theory, News & General
Topic: Why Simple beats complex
Replies: 71
Views: 6560

Re: Why Simple beats complex

There must be some wisdom in the folk saying, `It’s the strong swimmers who drown.’”

When there is a winter storm raging, the vehicles which are in the ditch are all 4-wheel drives! I suppose the same principle applies there too.
by wrongfunds
Mon Jul 10, 2017 10:21 am
Forum: Investing - Theory, News & General
Topic: Retirement is Risky Business
Replies: 41
Views: 6783

Re: Retirement is Risky Business

Stormbringer wrote:An inflation-adjusted SPIA seems to mitigate at least of third of those risks.
Only if you do not worry about the liquidity of the company providing that annuity! Why do you think that risk is nill?

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