Search found 711 matches

by finite_difference
Sun Nov 19, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 83
Views: 6531

Re: The valet smashed my Tesla into a brick wall!

If you can’t afford to repair it, including dealing with issues like “diminished value”, then you can’t afford to drive it.
by finite_difference
Sat Nov 18, 2017 5:24 pm
Forum: Investing - Theory, News & General
Topic: TSP Modernization Act Signed Into Law
Replies: 15
Views: 1867

Re: TSP Modernization Act now law

Is the plan to let you withdraw different amounts from Roth and Trad? My understanding was that currently you could not choose how much Roth and Trad you wanted to withdraw. You just picked the $ amount and if your account was 50/50 Roth/Trad then they withdrew 50/50 from each.
by finite_difference
Fri Nov 17, 2017 9:27 am
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 101
Views: 7256

Re: Has used furniture dropped in value dramatically?

I would tend to agree with the buyer’s rationale but that doesn’t mean he is not trying to get a low price from you. I think it’s nice to keep dining room furniture, etc, in the family as well if it has sentimental value. I agree, Im 32 and wouldn't touch that furniture. Looks just like all of the o...
by finite_difference
Wed Nov 15, 2017 10:24 pm
Forum: Personal Consumer Issues
Topic: Have you had this issue with Subaru Forester windshield replacement?
Replies: 28
Views: 3514

Re: Have you had this issue with Subaru Forester windshield replacement?

Proud owner of brand new 2017 Forester until... 2 broken windshields in 3 months! I've owned cars for 40 years with 0 broken windshields. There's got to be something wrong w the windshields or the car. Subaru tells me they are impact cracks and not their fault. I'm VERY disappointed @ my new Subaru...
by finite_difference
Wed Nov 15, 2017 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: Been thinking about this post for a while...Mom's retirement
Replies: 13
Views: 1512

Re: Been thinking about this post for a while...Mom's retirement

I think your 1 and 2 are good ideas. I think an SPIA (your 4) is a good answer to 3. Could buy one $100k SPIA at 70, one at 75, one at 80.
by finite_difference
Tue Nov 07, 2017 7:19 pm
Forum: Investing - Theory, News & General
Topic: "I took all my money out of the stock market and it feels amazing"
Replies: 69
Views: 8702

Re: "I took all my money out of the stock market and it feels amazing"

Hmmm....I'm skeptical of something and wonder if someone can help me out. She says: Back in the early 1980s, I inherited $50,000. At the time, that was so much more money than I’d ever had before that I decided I’d better educate myself about financial matters. After much research, I put that money...
by finite_difference
Sun Nov 05, 2017 8:32 pm
Forum: Personal Consumer Issues
Topic: Outback Vs Forester Vs CR-V ??
Replies: 58
Views: 5218

Re: Outback Vs Forester Vs CR-V ??

How reliable is the CVT? Box engine burn oil. All these need to be cleared from Subaru. Subaru is offering an extended warranty that covers several of the CVTs including the 2015 Forester: CVT warranty extension: CVT is covered up to 100,000 miles or 10 years. I read it was recommended to do a drai...
by finite_difference
Fri Nov 03, 2017 10:05 pm
Forum: Personal Consumer Issues
Topic: Got an iPhoneX
Replies: 157
Views: 10952

Re: Got an iPhoneX

When I looked at this link, the display of the X is larger than the 7 Plus: https://www.apple.com/iphone/compare/ iPhone X: How to view your battery percentage: https://www.cnet.com/how-to/iphone-x-how-to-view-your-battery-percentage/ I saw that size link too. But I’m telling you it’s just false. I...
by finite_difference
Tue Oct 31, 2017 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: New Car: Ever make sense to lease?
Replies: 84
Views: 5462

Re: New Car: Ever make sense to lease?

I think it's fascinating that consensus here now is that a major technological revolution will wipe out the value of ICE cars within 5-10 years. We just bought a new ICE that I plan to keep for the next 10-20 years, so that's disconcerting, but I also welcome a shift to all self-driving cars as muc...
by finite_difference
Tue Oct 31, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: New Car: Ever make sense to lease?
Replies: 84
Views: 5462

Re: New Car: Ever make sense to lease?

If you can lease for $150/month or under (all included), then I would not call it the most expensive. That’s not a bad deal. Never say never. Can you give an example for $150/month lease all inclusive? Did you factor in first payment? some might charge $3k to $5k on top of the $150/month payment. I...
by finite_difference
Mon Oct 30, 2017 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 8836

Re: My 401k is almost all cash now. 1/2 Mil

First time poster here. Have around $530K all in Stable Fund. Age 48. I have seen crashes of 1999 and then 2008. Since 2011 I started selling and now it is all cash. Thinking that I will see one more major crash, buy back all again and retire after next cycle. I play around with ETF GLD, SLV but th...
by finite_difference
Mon Oct 30, 2017 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: New Car: Ever make sense to lease?
Replies: 84
Views: 5462

Re: New Car: Ever make sense to lease?

Need a new car end of December Love AWD ... but also loving the new Civics. Live in North East, so weather is an issue ... Are there ever any reasons to lease vs buy? I have the money to buy - just wondering if it’d be better to pay less monthly and invest the difference. Or do Bogleheads always bu...
by finite_difference
Mon Oct 30, 2017 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Will we be house poor in Boston? Help us to set a budget limit
Replies: 36
Views: 2814

Re: Will we be house poor in Boston? Help us to set a budget limit

You have 1.6 million dollars and your income is over $500,000. Buying a 1.2 million dollars house should be no problem on the surface. Are you saying that even a 1.2 million dollars house requires $300k-$400k to renovate? You said $100k to take care of parents. Is this a one-time expense? I guess t...
by finite_difference
Sun Oct 29, 2017 10:49 pm
Forum: Personal Consumer Issues
Topic: Sunscreen: use it all the time? (And what's a good one w/o sting?)
Replies: 58
Views: 3443

Re: Sunscreen: use it all the time? (And what's a good one w/o sting?)

Qualifications: fair-skinned, live in Hawaii, despise sunburn. Primary Method: stay in shade or inside between 11:00am and 1:30pm Results: less than a handful of sunburns in the past 4-5 years* *I do understand that just because I'm not burning, that doesn't mean there isn't any risk of cancer. If ...
by finite_difference
Fri Oct 27, 2017 8:13 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 284
Views: 19482

Re: To take or not to take delivery of Tesla 3

I am confused. What’s the cost of the car? 1. You do know you can buy wheels for like a couple hundred each? 2. How much does it cost to get a different color? The self-driving feature, the longer range, personally I wouldn’t need that. 220 miles seems fine as a daily driver. I also wonder that if i...
by finite_difference
Thu Oct 26, 2017 8:56 pm
Forum: Personal Consumer Issues
Topic: Car Enthusiasts Unite! - Porsche, Benz, Ferrari, Lambo, etc.
Replies: 72
Views: 5164

Re: Car Enthusiasts Unite! - Porsche, Benz, Ferrari, Lambo, etc.

For an all around luxury, high performance vehicle that is ownable by mortals, there’s the BMW 7 series. Or Audi A8. Nissan GT-R seems like one of the cheaper supercars. Supercars are not going to be very affordable. You’ll need to budget probably like $300k+* with repairs and maintenance, etc. Or t...
by finite_difference
Thu Oct 26, 2017 8:38 pm
Forum: Personal Consumer Issues
Topic: Fix or replace my vehicle
Replies: 33
Views: 1550

Re: Fix or replace my vehicle

I think Bogleheads are unanimous on this one :)
by finite_difference
Thu Oct 26, 2017 8:31 pm
Forum: Investing - Theory, News & General
Topic: Emotional impact of spending down assets?
Replies: 100
Views: 9988

Re: Emotional impact of spending down assets?

Say you are at the point of retiring and have respectable life savings in a well-designed portfolio, plus a modest pension including subsidized health insurance, a SPIA, and a LTC policy. You anticipate deferring Social Security to age 70. You have no legacy motive. You would not be able to live as...
by finite_difference
Thu Oct 26, 2017 8:18 pm
Forum: Personal Consumer Issues
Topic: How to get over the fear of traveling without spouse and children?
Replies: 52
Views: 4219

Re: How to get over the fear of traveling without spouse and children?

I’ll tell you, but only if you first tell me how to get over my fear of traveling with my children and spouse.
by finite_difference
Wed Oct 25, 2017 8:36 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 242
Views: 68423

Re: I can't believe I am thinking this

The Harry Browne Permanent Portfolio (discussed in a number of threads here) sailed right through the 2008-2009 crisis. It did have a 14% maximum drawdown from 1-1-2007 to 1-1-2010, but ended up ahead in 2007, 2008, and 2009. Its CAGR is a bit lower, depending of course on the time frame, than AAs ...
by finite_difference
Wed Oct 25, 2017 8:15 pm
Forum: Personal Consumer Issues
Topic: When to buy a new car
Replies: 10
Views: 1014

Re: When to buy a new car

A decade old car and it needs brakes and suspension and a known AC problem happens? What next......after 400 miles of driving, it runs out of gas? These are all completely expected. People do sometimes think that if it's got a Honda "H" on the hood or Toyota "T", that nothing ever needs to be repla...
by finite_difference
Tue Oct 24, 2017 9:17 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrencies
Replies: 50
Views: 4573

Re: Cryptocurrencies

Does anyone here truly understand Crypto Currencies and Blockchain? If so, please explain. From a logical perspective it makes no sense because there is no owner and the value is constantly changing. If I am selling someone my house for Bitcoin and they pay me $400,000 today and then tomorrow the c...
by finite_difference
Mon Oct 23, 2017 8:15 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 242
Views: 68423

Re: I can't believe I am thinking this

The Harry Browne Permanent Portfolio (discussed in a number of threads here) sailed right through the 2008-2009 crisis. It did have a 14% maximum drawdown from 1-1-2007 to 1-1-2010, but ended up ahead in 2007, 2008, and 2009. Its CAGR is a bit lower, depending of course on the time frame, than AAs ...
by finite_difference
Sat Oct 21, 2017 2:32 pm
Forum: Investing - Theory, News & General
Topic: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]
Replies: 50
Views: 4548

Re: TIAA Trouble

I just want to mention that I only have one data point but the rep for my university has never called me or emailed me to solicit business. I did email him a few times over the years and he always responded promptly and there were no sales messages in his replies. I met with a TIAA FA before to get...
by finite_difference
Fri Oct 20, 2017 8:21 pm
Forum: Personal Consumer Issues
Topic: Wife New Car Recommendations - SUV
Replies: 55
Views: 5022

Re: Wife New Car Recommendations - SUV

slayed wrote:
Fri Oct 20, 2017 4:39 pm
The CX-5 is also available with AWD.
Not all AWDs are created equal. Subaru’s AWD is considered the best. That said, looks like Maxda’s CX-5 “I-ACTIVE AWD” system is just as good as Subaru’s. Impressive.
by finite_difference
Fri Oct 20, 2017 9:58 am
Forum: Personal Consumer Issues
Topic: Wife New Car Recommendations - SUV
Replies: 55
Views: 5022

Re: Wife New Car Recommendations - SUV

If you want AWD, get the Forester or Outback, whichever your wife likes more.

If not, get the Mazda CX-5.

Either way you’ll want good winter tires for snow/ice.
by finite_difference
Wed Oct 18, 2017 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Is a doctor's practice one of the safest and most profitable businesses?
Replies: 58
Views: 3713

Re: Is a doctor's practice one of the safest and most profitable businesses?

There is also demand and supply. So if there are not enough doctors being trained to meet demand of all the patients, then supply is low and demand is high, leading to higher costs. I think there’s currently a fairly strict limit on the number of new trainees due to the limited number of med schools...
by finite_difference
Tue Oct 17, 2017 7:06 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 108
Views: 7421

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

I am shooting for 12 years or 150k miles, whichever comes first.

My next car will be an EV.
by finite_difference
Sun Oct 15, 2017 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: My EJ portfolio vs my Vanguard, side by side
Replies: 27
Views: 3249

Re: My EJ portfolio vs my Vanguard, side by side

Make the Int’l equal and recompute. How did you factor into account the ERs? What about EJ front- or back-end loads — did you have to pay any of those? The tax efficiency issues have already been raised (if its a taxable account.) It’s not a complete apples-to-apples comparison, and it is possible y...
by finite_difference
Sat Oct 14, 2017 11:49 am
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 135
Views: 10691

Re: anyone else not liking the new cars?

I just don't see the vast majority of apartment/condo/renter dwellers with the ability to convert to electric. Landlords and leasing companies have no interest in installing/maintaining an electric power supply in their parking lots and garages. This will be a considerable hurdle to the adoption of...
by finite_difference
Sat Oct 14, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 135
Views: 10691

Re: anyone else not liking the new cars?

If it makes you feel better....those new cars will likely have terrible resale too after EVs take over. We are currently a 1 battery-EV, 1 gasmobile family, with the former covering 60-70% of our family driving miles, and the latter mostly for family road-trips. The gasser will be paid off in a few...
by finite_difference
Sat Oct 14, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA costs arrived
Replies: 88
Views: 10448

Re: 2018 ACA costs arrived

2013 $5,884* $16,351* 2014 $6,025 $16,834* 2015 $6,251* $17,545* 2016 $6,435 $18,142* Your quoting average health insurance costs through an employer. For the 2013-2016 period, the total increase for either individual or family shown above is 10% in total (not per year). In contrast, the unsubsidiz...
by finite_difference
Thu Oct 12, 2017 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Too old to invest at 70+ years?
Replies: 32
Views: 2533

Re: Too old to invest at 70+ years?

Also, don’t forget about SPIAs. Could buy one for $75k, then buy another one later for $75k, etc.
by finite_difference
Thu Oct 12, 2017 3:43 pm
Forum: Personal Consumer Issues
Topic: Is there boglehead consensus on buying a car?
Replies: 73
Views: 5055

Re: Is there boglehead consensus on buying a car?

Yes, there is: Toyota, Honda or Subaru. 8-)

(Nissan, Mazda, Hyundai, and American carmakers since ~2012 may also be acceptable choices.)
by finite_difference
Thu Oct 12, 2017 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Too old to invest at 70+ years?
Replies: 32
Views: 2533

Re: Too old to invest at 70+ years?

Never too old. In this case might want to be conservative though, something like 40/60 or 30/70. Much better than 100% cash. It may be hard to pull off with your parents in law though — much easier with your own parents. They’ll need to trust you. And not tinker with it. If the stock market crashes ...
by finite_difference
Thu Oct 12, 2017 3:14 pm
Forum: Investing - Theory, News & General
Topic: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston
Replies: 35
Views: 6363

Re: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston

I would think that it’s different because homeowners insurance usually covers fire, but not flood. However, if you have a mortgage and you are in a flood zone, then you should also be required to carry flood insurance. In this case, it must be houses that had mortgages but were not in a flood zone ...
by finite_difference
Thu Oct 12, 2017 11:34 am
Forum: Investing - Theory, News & General
Topic: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston
Replies: 35
Views: 6363

Re: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston

I am not sure that the sales are any different than homes in a big fire. I know when we had a big fire here in Tahoe in 2007 many peo0le were not insured. They lost everything. Plus the gov'the charged them to clean off the debris after the fire and the banks wanted full payment of the mortgage. It...
by finite_difference
Wed Oct 11, 2017 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Growing old without kids or younger caring relatives
Replies: 105
Views: 19226

Re:

For those who may be interested, here is an interesting answer to the Eskimo question. http://www.straightdope.com/columns/read/2160/did-eskimos-put-their-elderly-on-ice-floes-to-die I wouldn’t necessarily trust that answer too much. Western culture has so many biases in it, that it makes it diffic...
by finite_difference
Mon Oct 09, 2017 8:28 pm
Forum: Personal Consumer Issues
Topic: My Son is buying a 2017 Toyota RAV 4
Replies: 28
Views: 3147

Re: My Son is buying a 2017 Toyota RAV 4

So you can’t get the $3,000 rebate if you take the 0% interest deal?

I would do 6 years at 0%. That’s -2% real. But I like debt that’s below inflation. It pays you! And you can use your money to fund a Roth IRA, pay more into 401k, etc.
by finite_difference
Sun Oct 08, 2017 12:06 pm
Forum: Personal Consumer Issues
Topic: So my mechanic said....
Replies: 31
Views: 5719

Re: So my mechanic said....

Yeah Zombie thread.

Here’s a Car Talk article that supports using Overdrive generally: https://www.cartalk.com/content/when-sh ... s-tutorial
by finite_difference
Sun Oct 08, 2017 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 11359

Re: Millionaire Next Door (Thank you Bogleheads)

Congrats! Great story.

But don’t forget to account for inflation. After 2% inflation for 48 years, you need $2.58 million to equal the $1 million you were thinking about as a 9 year old!! :mrgreen: :beer
by finite_difference
Sat Oct 07, 2017 8:20 pm
Forum: Personal Consumer Issues
Topic: Lg refrigerator vs Samsung refrigerator.
Replies: 37
Views: 6159

Re: Lg refrigerator vs Samsung refrigerator.

I have a 12 year old double door GE fridge that is running great. Had an issue with the water dispenser after 11 years but was straightforward to fix. Also had a Kenmore Elite which had a water dispenser issue but that was fixed under warranty and otherwise worked very well. I would advise not to ne...
by finite_difference
Sat Oct 07, 2017 9:36 am
Forum: Personal Consumer Issues
Topic: Simple Notebook/laptop
Replies: 58
Views: 3237

Re: Simple Notebook/laptop

Barefootgirl wrote:
Thu Oct 05, 2017 9:58 am
Thank you all. Use will be limited to web surfing, email, Facebook, looking up the news... lol.
iPad. :)

Cheapest one should do.
by finite_difference
Thu Oct 05, 2017 8:03 pm
Forum: Personal Consumer Issues
Topic: How do you value your time?
Replies: 97
Views: 4129

Re: How do you value your time?

My effective marginal tax rate is 45%. If I can spend $1 less, it's the equivalent of earning an extra $1.82 (=1/(1-.45)). Don't forget taxes when valuing DIY activities (mowing lawn, paying for parking, making own meals, etc). Unfortunately taxes are the great distortion of modern societies and DI...
by finite_difference
Thu Oct 05, 2017 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: How much worth house should one buy?
Replies: 73
Views: 4342

Re: How much worth house should one buy?

Here is my rule of thumb: 1. Assumes you are planning to live in the house for at least 5 years. 2. Assumes you buy a house in a good public school zone, or else you need to factor in private school costs (if applicable). 3. Assumes you are a proficient worker in a reasonably high-demand profession ...
by finite_difference
Thu Oct 05, 2017 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Senior citizens can lose everything [to professional guardians via court rulings]
Replies: 111
Views: 9566

Re: Senior citizens can lose everything [to professional guardians via court rulings]

One of my favorite quotes: “When Concetta Mormon, a wealthy woman who owned a Montessori school, became Shafer’s ward because she had aphasia, Shafer sold the school midyear, even though students were enrolled. At a hearing after the sale, Mormon’s daughter, Victoria Cloutier, constantly spoke out ...
by finite_difference
Thu Oct 05, 2017 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Senior citizens can lose everything [to professional guardians via court rulings]
Replies: 111
Views: 9566

Re: Senior citizens can lose everything [to professional guardians via court rulings]

One of my favorite quotes: “When Concetta Mormon, a wealthy woman who owned a Montessori school, became Shafer’s ward because she had aphasia, Shafer sold the school midyear, even though students were enrolled. At a hearing after the sale, Mormon’s daughter, Victoria Cloutier, constantly spoke out o...
by finite_difference
Wed Oct 04, 2017 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: How much term life insurance is enough?
Replies: 11
Views: 1054

Re: How much term life insurance is enough?

For me, term life insurance is half psychological and half about giving your family enough to get by on, but you don’t want necessarily too much. I would feel weird if I got wealthy by my spouse’s demise. But it gives me great peace of mind to know that if something happens to me my family will be O...
by finite_difference
Wed Oct 04, 2017 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Pension Now (Age 36) or Later (Age 65)?
Replies: 45
Views: 3478

Re: Pension Now (Age 36) or Later (Age 65)?

Giving up a low risk 6% rate. The pension is from Big 4 Accounting firm. If they can't do this right, we are all screwed. Arthur Andersen used to be a Big Five accounting firm with a pension plan as well. The failure of Arthur Andersen had zero to do with the management of their pension plan. What ...
by finite_difference
Tue Oct 03, 2017 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: when current 401K options suck
Replies: 17
Views: 1147

Re: when current 401K options suck

Do you get a match? If so, definitely contribute to get the match. Then max Roth IRA and then continue contributing to the 401k. If you leave your company you can roll it over to Vanguard, etc. Also see if you can work with your company to improve their 401k program. Post your funds and expense rati...