Search found 1448 matches

by finite_difference
Thu Nov 14, 2019 3:09 pm
Forum: Personal Consumer Issues
Topic: Snow tires
Replies: 54
Views: 3485

Re: Snow tires

kevinf wrote:
Wed Nov 13, 2019 8:56 am
You can get a full set of snows on rims for under $500. Kinda wish insurance offered discounts so more people would consider the investment.
$500? Please post a link. Last I checked it was more like $1k. But I definitely agree it still seems worth it if you are driving in cold weather.
by finite_difference
Mon Nov 11, 2019 1:21 am
Forum: Personal Finance (Not Investing)
Topic: I think my friend is already financially independent (through a fantastic bitcoin investment), can you confirm?
Replies: 49
Views: 6976

Re: I think my friend is already financially independent (through a fantastic bitcoin investment), can you confirm?

$1.25M in real estate generating $7k in monthly rent before taxes and expenses ($84k annually) He is 34 years old, single, and his current annual expenses are $36k per year excluding taxes He is currently working at a job he hates making $55k pretax per year. I'm not sure why you're even asking abo...
by finite_difference
Wed Oct 23, 2019 9:52 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129577

Re: U.S. stocks in free fall

stocknoob4111 wrote:
Wed Oct 23, 2019 4:14 am
MotoTrojan wrote:
Wed Oct 23, 2019 12:19 am

Back up the truck!
I will.. around SPX 2600 if we ever get there.. not anywhere at these prices
How long will you sit on the sidelines for a measly 10% that may never come?
by finite_difference
Fri Oct 18, 2019 8:07 am
Forum: Personal Finance (Not Investing)
Topic: I bought a STOLEN vehicle!!!
Replies: 106
Views: 15201

Re: I bought a STOLEN vehicle!!!

This is an all to common scam called VIN Cloning. As far as i'm aware, you are going to be out of the $13,000 and out of a car. Sorry you were unfortunate enough to be a victim. For what it's worth, i've read about dealerships even being taken. Is there anyway to protect yourself against VIN clonin...
by finite_difference
Fri Oct 18, 2019 8:02 am
Forum: Personal Finance (Not Investing)
Topic: I bought a STOLEN vehicle!!!
Replies: 106
Views: 15201

Re: I bought a STOLEN vehicle!!!

Seller's information would be at the DMV... Price you paid looks like a pretty steep discount. +1. If I recall correctly, when you purchase the car, the document you are required to fill out to register the car at the DMV contains the name and address of the seller, the purchase price, etc. If you ...
by finite_difference
Thu Oct 17, 2019 10:37 am
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 65
Views: 6586

Re: Artificial Intelligence and the stock market

Do either of you play Go? It is a sincere question, because I think you are vastly underestimating the complexity of the game. I thought it looked simple too until I started playing. Has Google really put the same amount of effort it put into defeating Go grandmaster Ke Jie, toward defeating one of...
by finite_difference
Thu Oct 17, 2019 10:36 am
Forum: Personal Consumer Issues
Topic: car battery change or not? 2 year old battery
Replies: 118
Views: 6332

Re: car battery change or not? 2 year old battery

Service writers are paid commission at dealerships. If you came in and asked if the air filter needed to be changed on a brand new car you just drove out of the showroom, they'd say it looked really dirty and should be changed immediately. Also, complain to your automaker’s HQ if your dealership tr...
by finite_difference
Fri Oct 11, 2019 11:09 pm
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 65
Views: 6586

Re: Artificial Intelligence and the stock market

Imagine someone looking above your head as if you were a 6th grader and they were a college kid. Now imagine someone looking at that college kid the same way, and then someone looking at that guy like he was as sixth grader. That's about the strength of AI right now with respect to chess. I anticip...
by finite_difference
Fri Oct 11, 2019 10:58 pm
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 65
Views: 6586

Re: Artificial Intelligence and the stock market

Arguably, “Mr. Market” is a form of artificial intelligence. As the market grows and traders continue to become smarter, faster, and more knowledgeable — perhaps aided by new ML tools and even emergent AIs — presumably Mr. Market will become more “intelligent” as well. But as Graham warned us, Mr. M...
by finite_difference
Fri Oct 04, 2019 8:54 am
Forum: Investing - Theory, News & General
Topic: Plz share what you did to minimize retirement taxes
Replies: 32
Views: 4040

Re: Plz share what you did to minimize retirement taxes

After the US 2017 Tax Cut, I think taxes are at historic lows so that they will eventually have to come up (at least assuming you weren’t getting a lot of property tax deductions.) If you’re near retirement it may not matter, but otherwise it seems like filling as much Roth space as possible is not ...
by finite_difference
Sun Sep 29, 2019 2:21 pm
Forum: Personal Investments
Topic: Mother laid off without retirement savings
Replies: 24
Views: 5693

Re: Mother laid off without retirement savings

carolinaman wrote:
Fri Sep 27, 2019 8:03 am
I agree with others that she needs to keep working for now. Also, she should try to work to at least FRA so as to maximize her SS.
+1. 8% guaranteed return or something per year, so if able and willing to work that helps a lot!

Could offer to help cover expenses to make it easier to delay.
by finite_difference
Fri Sep 27, 2019 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: How to get rid of a car
Replies: 48
Views: 3928

Re: How to get rid of a car

Seems like you could fix all that for $1k or less.

Except the tires but those are standard maintenance items.

So I’d think a car like that would be worth at least $3k. ($4k fixed up.)
by finite_difference
Fri Sep 27, 2019 7:10 am
Forum: Personal Investments
Topic: What to do with extra $20k?
Replies: 11
Views: 1597

Re: What to do with extra $20k?

Thank you for the answer. I always thought dollar cost averaging was better than lump sum. Anybody has an opinion on 529 accounts? Does your state have good 529 fund options and give a tax break? If so, lump summing $20k into a 529 total stock market fund would be a cool way to spend an inheritance.
by finite_difference
Thu Sep 26, 2019 10:40 pm
Forum: Non-US Investing
Topic: Investing in Norway for expat
Replies: 26
Views: 1979

Re: Investing in Norway for expat

Roughly speaking, for a -10% drop in the FTSE100 index of leading UK companies (about 84% of the FTSE All-Share) the stocks rise 6-7% because the majority of their profits are made outside the UK. If you buy Norwegian government bonds or have a Norwegian bank account, you take the full FX hit. But ...
by finite_difference
Thu Sep 26, 2019 10:33 pm
Forum: Personal Consumer Issues
Topic: Physical activity suggestions for a non athletic youth
Replies: 189
Views: 9564

Re: Physical activity suggestions for a non athletic youth

There is a world of variation in “martial arts”, ranging from horrible to mediocre at best to very good. Try to find an authentic, traditional teacher. That’s what made me catch the bug anyway. I’ve lost significant weight and even more fat. With just a good Kung Fu school, you don’t need any other...
by finite_difference
Thu Sep 26, 2019 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: financially clueless senior MIL who thinks she’s rich
Replies: 162
Views: 20266

Re: financially clueless senior MIL who thinks she’s rich

One thing to consider is if a Single Premium Immediate Annuity would make sense for her. I just took a quick look at immediate annuntie.com and it looks like $250K would buy an annuity that would pay her about $30K a year. It would not be adjusted for inflation but she would also have another $140K...
by finite_difference
Thu Sep 26, 2019 10:13 pm
Forum: Personal Consumer Issues
Topic: Physical activity suggestions for a non athletic youth
Replies: 189
Views: 9564

Re: Physical activity suggestions for a non athletic youth

If you haven’t met a real Kung Fu master then, which, since we are being blunt, makes me question your experience in this area. They are few and far between. But if you go to tournaments you will likely run into them. If you have watched some of the very old Jackie Chan or Shaw Brothers movies, tha...
by finite_difference
Thu Sep 26, 2019 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: financially clueless senior MIL who thinks she’s rich
Replies: 162
Views: 20266

Re: financially clueless senior MIL who thinks she’s rich

Would an SPIA make sense in this situation?

$100k might get you a decent chunk at 84.

At least buy CDs and don’t let it sit in the bank collecting zero.
by finite_difference
Tue Sep 24, 2019 10:05 pm
Forum: Personal Consumer Issues
Topic: Physical activity suggestions for a non athletic youth
Replies: 189
Views: 9564

Re: Physical activity suggestions for a non athletic youth

There is a world of variation in “martial arts”, ranging from horrible to mediocre at best to very good. Try to find an authentic, traditional teacher. That’s what made me catch the bug anyway. I’ve lost significant weight and even more fat. With just a good Kung Fu school, you don’t need any other...
by finite_difference
Tue Sep 24, 2019 10:03 pm
Forum: Personal Consumer Issues
Topic: Physical activity suggestions for a non athletic youth
Replies: 189
Views: 9564

Re: Physical activity suggestions for a non athletic youth

There is a world of variation in “martial arts”, ranging from horrible to mediocre at best to very good. Try to find an authentic, traditional teacher. That’s what made me catch the bug anyway. I’ve lost significant weight and even more fat. With just a good Kung Fu school, you don’t need any other...
by finite_difference
Tue Sep 24, 2019 9:54 pm
Forum: Personal Consumer Issues
Topic: Elite liberal art colleges or bigger selective universities?
Replies: 59
Views: 4598

Re: Elite liberal art colleges or bigger selective universities?

A friend asked me this earlier. His daughter is 12th grade and applying to college now. He indicates she doesn't have a preference to the type of college she goes. She wants to study premed. She has good grades (above 4) and tests well (35 ACT) and is likely that she will be able to get into a good...
by finite_difference
Tue Sep 24, 2019 11:37 am
Forum: Personal Consumer Issues
Topic: Physical activity suggestions for a non athletic youth
Replies: 189
Views: 9564

Re: Physical activity suggestions for a non athletic youth

There is a world of variation in “martial arts”, ranging from horrible to mediocre at best to very good. Try to find an authentic, traditional teacher. That’s what made me catch the bug anyway. I’ve lost significant weight and even more fat. With just a good Kung Fu school, you don’t need any other ...
by finite_difference
Fri Sep 20, 2019 9:27 pm
Forum: Investing - Theory, News & General
Topic: Don't confuse strategy with outcome:
Replies: 94
Views: 6057

Re: Don't confuse strategy with outcome:

I've often taken that concept to mean that life is probabilistic. I can choose the strategy that has what seems to me to be the highest probability of success, but that doesn't mean that one of the lower-probability outcomes won't happen instead of the outcome that I was hoping for with my strategy...
by finite_difference
Fri Sep 20, 2019 9:25 pm
Forum: Investing - Theory, News & General
Topic: US Bonds reaching negative
Replies: 36
Views: 4773

Re: US Bonds reaching negative

US bonds have not reached negative. Total bond market index is currently yielding 2.24%, while inflation is currently 1.4%. The BLS report last week reported that CPI for the prior 12 months was 1.7%. So for TBM, that works out to a .54% real yield. I think that many posters here secretly believe i...
by finite_difference
Fri Sep 20, 2019 9:22 pm
Forum: Investing - Theory, News & General
Topic: Are TIPS really a good inflation hedge? Pros and Cons
Replies: 151
Views: 11540

Re: Are TIPS really a good inflation hedge? Pros and Cons

For a dollar investor, as far as I know only two things do this: TIPS and series I savings bonds. Nothing else. Nothing. I believe you did say this, but it's worth emphasizing that TIPS preserve purchasing power best only when held as individual bonds to maturity. If you hold them in a TIPS fund, n...
by finite_difference
Fri Sep 20, 2019 9:14 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Subaru Outback?
Replies: 84
Views: 8169

Re: Alternatives to Subaru Outback?

Don't allow emotions to make a big financial decision like a vehicle. Whatever hurt your feelings at Subaru, ask yourself if you're using your head, or emotions, to walk away from the vehicle you actually want. The outback is a highly rated reliable and affordable vehicle and frankly there is nothi...
by finite_difference
Fri Sep 20, 2019 8:59 pm
Forum: Non-US Investing
Topic: Investing in Norway for expat
Replies: 26
Views: 1979

Re: Investing in Norway for expat

I would just go with VTIAX (Total Intl) or VTWAX (Total World).

Norway is too dependent on oil and needs to diversify its economy by investing more in education, start ups, medicine, tech, finance, space, research, etc.
by finite_difference
Fri Sep 20, 2019 8:32 pm
Forum: Personal Consumer Issues
Topic: How hard is it to get into college?
Replies: 167
Views: 10753

Re: How hard is it really to get into college?

OP, 1) It is not hard to get into college if you are not selective about where to go. 2) It is harder to graduate from college when many students drop out of college and never graduated. 3) It is even harder to find a job after you graduated. 4) Staying employed for a long period is even harder. In...
by finite_difference
Fri Sep 20, 2019 12:23 am
Forum: Personal Consumer Issues
Topic: Cheaper option than redoing hardwood floors?
Replies: 27
Views: 2463

Re: Cheaper option than redoing hardwood floors?

Won’t wood naturally darken with age? (Worth a try!)

I really dislike dark floors. Strange fad.

Paint the walls instead?
by finite_difference
Tue Sep 17, 2019 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 508
Views: 29998

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

So, you’re making $115k/year and you get 180 days a year off (your words). That’s a really good salary! My employer can't seem to find anyone to hire these days. Perhaps it's that the median house costs around $2M where I teach and teachers don't get health benefits. To get a job where I work, all ...
by finite_difference
Tue Sep 17, 2019 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: How do you spend money to gain time? (young family)
Replies: 155
Views: 11668

Re: How do you spend money to gain time? (young family)

We are in the toddler stage, and things are literally crazy. I'll spare you the details of the state of our house, but suffice it to say that I've realized that over the past couple of years we have increased spending on 'emergency' things to solve immediate time, energy, or preparedness problems w...
by finite_difference
Mon Sep 16, 2019 8:49 am
Forum: Personal Consumer Issues
Topic: Having to consider replacing my car
Replies: 40
Views: 2335

Re: Having to consider replacing my car

I would be inclined to hang on to the Honda. The miles are relatively low. Routine maintenance should be a lot less money than buying a new/used vehicle. +1. Every day you drive the Accord saves you money. I would drive it at least to 100k miles or a few more years, and then look at a gently used A...
by finite_difference
Fri Sep 13, 2019 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: How many years for each $250k of net worth?
Replies: 36
Views: 6225

Re: How many years for each $250k of net worth?

This [the table in my post above ] does not include the impact of additional contributions correct? Just investment returns? No, it does include the $1,000 monthly contributions. ---------- Grows To ---------- Years Principal Contribs Total ------- --------- -------- --------- 12.4580 0 250,000 250...
by finite_difference
Fri Sep 13, 2019 7:44 am
Forum: Personal Consumer Issues
Topic: How old is your cellphone?
Replies: 168
Views: 9546

Re: How old is your cellphone?

My Philosophy: BUY NEW, MAINTAIN & KEEP FOREVER! That's the only way to get the most value for your retail dollar. This is not viable for digital products connected to the internet. Yes, you can keep them for much longer than average. I have an iPhone XR that replaced an iPhone 6 that I had for fou...
by finite_difference
Fri Sep 13, 2019 7:41 am
Forum: Personal Consumer Issues
Topic: How old is your cellphone?
Replies: 168
Views: 9546

Re: How old is your cellphone?

My flip-phone is at least 16 years old and I do not have any intentions to replace it with this new stuff out now. Still works fine and meets my needs. :wink: My husbands isn't quite that old only 12. We decided to be a one smart phone family in case we got lost. :) I’m amazed the hinge would last ...
by finite_difference
Fri Sep 13, 2019 7:33 am
Forum: Personal Consumer Issues
Topic: How old is your cellphone?
Replies: 168
Views: 9546

Re: How old is your cellphone?

I have the iPhone 5 purchased new from Apple Store. Just after one year warranty expiration the phone battery swelled, lifting up the screen. Apple replaced the phone without charge. I was surprised. The battery failed a second time and I replaced it at a Batteries Plus store. This phone runs iOS 1...
by finite_difference
Fri Sep 13, 2019 7:29 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1962
Views: 204672

Re: U.S. stocks continue to soar!

Stinky wrote:
Fri Sep 13, 2019 5:33 am
Futures are up again this morning nicely.

Is this the day for a new record close for the S&P 500?
Where are you checking futures?
by finite_difference
Fri Sep 13, 2019 7:27 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1962
Views: 204672

Re: U.S. stocks continue to soar!

There's also more to a recession than just the stock market. The first signs of the "2008 financial crisis" were in April 2007. The problem is, the signs may be there, but whether they will have actual impact is unknown. For example, there are signs of tension between the two largest economies in t...
by finite_difference
Tue Sep 10, 2019 9:19 am
Forum: Personal Consumer Issues
Topic: I'm gonna need a bigger TV...
Replies: 36
Views: 4505

Re: I'm gonna need a bigger TV...

Hi Bogleheads - I've decided I need a bigger TV; my current one is 50", I want to get a 65" model. I don't watch a great deal of TV... mostly sports, via an OTA antenna, or Roku/YouTubeTV... My budget is roughly $550 - $600. I've got my eye on this one from Best Buy -- https://www.bestbuy.com/site/...
by finite_difference
Tue Sep 10, 2019 9:12 am
Forum: Personal Finance (Not Investing)
Topic: In retirement, a $100 monthly expense needs $30,000 in your portfolio
Replies: 68
Views: 7306

Re: In retirement, a $100 monthly expense needs $30,000 in your portfolio

I keep this prominently posted in my retirement spreadsheet: https://www.early-retirement.org/forums/members/35183-albums227-picture1856.png I love this! If really highlights (for me anyway) that even large one time expenses are really just a flesh wound. It’s the recurring expenses that deserve mo...
by finite_difference
Tue Sep 10, 2019 8:02 am
Forum: Personal Finance (Not Investing)
Topic: In retirement, a $100 monthly expense needs $30,000 in your portfolio
Replies: 68
Views: 7306

Re: In retirement, a $100 monthly expense needs $30,000 in your portfolio

In addition, I do not consider a home an investment, it's simply not paying rent. On our first home, we lost a bit when we sold, less than $15,000. On our second home, we made over $100,000. On our current home, which we've owned now for 12+ years, I expect to clear $100,000 when we sell in 2 years...
by finite_difference
Fri Sep 06, 2019 7:16 am
Forum: Personal Consumer Issues
Topic: Did I commit a tipping faux pas?
Replies: 99
Views: 11297

Re: Did I commit a tipping faux pas?

Just as an addendum, tipping protocol isn’t unrelated to the financial circumstances of the tipper. If the tipper needs to watch every penny, then by all means, be a “Scrooge” when it comes to gratuities—not “don’t tip,” but cut it fine, because one must. If the tipper is in better shape financiall...
by finite_difference
Tue Sep 03, 2019 10:31 pm
Forum: Personal Investments
Topic: How do you let go of decisions that turned out to be the wrong ones?
Replies: 63
Views: 5221

Re: How do you let go of decisions that turned out to be the wrong ones?

Find someone else to blame, then it won't be your fault anymore. Perhaps you could blame the kids, or your boss who overworked you to the point that you could no longer think straight after work. There are many options, so be creative and have fun with it. In jest, absolutely! It requires great ski...
by finite_difference
Tue Sep 03, 2019 5:02 pm
Forum: Personal Consumer Issues
Topic: What's your "philosophy" on youth sports?
Replies: 47
Views: 2733

Re: What's your "philosophy" on youth sports?

Mostly a waste of time with the downsides of lifetime injuries (varies by sports with soccer knees and gymnastics everything being especially bad) being more common than the upsides (scholarship and durable enjoyment). Yikes. Pretty sure this is a minority opinion. Should also stay away from music ...
by finite_difference
Tue Sep 03, 2019 4:57 pm
Forum: Personal Consumer Issues
Topic: What's your "philosophy" on youth sports?
Replies: 47
Views: 2733

Re: What's your "philosophy" on youth sports?

My philosophy is keep doing it as long as you (the athlete) feel the positives outweigh the negatives. It really should be mostly positive though. So fix what’s broken, change what can be changed for the better, but sometimes things are not worth it and there’s something to be said about knowing whe...
by finite_difference
Mon Sep 02, 2019 11:31 am
Forum: Personal Consumer Issues
Topic: Subaru Outback issue
Replies: 38
Views: 3982

Re: Subaru Outback issue

If you read though the posts on a dedicated Outback site, you will find that Outback owners are oddly loyal and willing to put up with complete nonsense. That it the only reason why they have high ratings. Sell it and be done with it. Even on this site you'll find many irrational Subaru owners. Any...
by finite_difference
Mon Sep 02, 2019 9:47 am
Forum: Personal Consumer Issues
Topic: Any Happy DVC owners here? [Disney Vacation Club]
Replies: 61
Views: 5358

Re: Any Happy DVC owners here? [Disney Vacation Club]

I would just rent someone else’s timeshare each year. Likely will save you a lot of $$$, and no long term commitment.
by finite_difference
Sun Sep 01, 2019 12:49 pm
Forum: Personal Investments
Topic: Avoid grandson poverty
Replies: 76
Views: 9676

Re: Avoid grandson poverty

It does sound a little complicated. I would just give him a nice birthday check, if you can afford it. Maybe you can help him with wedding or home down payments. If he eventually has children maybe he will prefer you put your generous gift into their education savings accounts. Separately you'd wan...
by finite_difference
Wed Aug 28, 2019 11:14 pm
Forum: Personal Consumer Issues
Topic: Purchasing a truck - thoughts?
Replies: 105
Views: 6968

Re: Purchasing a truck - thoughts?

For passenger safety, I think the best truck is the Ridgeline w/ Honda Sensing.