Search found 1852 matches

by alfaspider
Mon Apr 22, 2019 3:02 pm
Forum: Personal Consumer Issues
Topic: What are your 5 favorite tools (hand, power, other)
Replies: 33
Views: 1916

Re: What are your 5 favorite tools (hand, power, other)

It may be a good idea to specify your use case. Good tools for woodworking are very different from good tools for auto repair. But of my tool purchases, I've been most satisfied with (as someone who primarily works on cars): 1) Milwaulkee 18v "Fuel" 1/2 inch drive high torque impact wrench (say that...
by alfaspider
Mon Apr 22, 2019 12:23 pm
Forum: Personal Consumer Issues
Topic: Luxury car recommendations?
Replies: 103
Views: 7758

Re: Luxury car recommendations?

The trouble with buying anything used right now is that many important things are becoming standard on current 18/19/20 models and those are lacking on the 15-17. CarPlay/Android Auto and many driver safety aids come to mind. Android auto and apple carplay can be had for $300 in any car with a new ...
by alfaspider
Mon Apr 22, 2019 12:20 pm
Forum: Personal Consumer Issues
Topic: Is the Subaru Outback a safe car?
Replies: 9
Views: 847

Re: Is the Subaru Outback a safe car?

One would think so, but on here https://www.informedforlife.org/display_vehicle_score.php it gets a safety assessment of "Least safe". That site doesn't explain its methodology well. They don't really explain how a vehicle with a 5 star crash rating and IHS Top Safety Pick could score low on their ...
by alfaspider
Sat Apr 20, 2019 7:08 pm
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 119
Views: 7497

Re: fun car advice

Reconsider an early NA Miata. I just picked up an immaculate red 91 that looks like it just came off the assembly line with only 18,000 miles. I paid 8K for it and it might just be the best purchase I ever made. It is a blast to drive. What is "NA"? The standard Miatas of that vintage look only mar...
by alfaspider
Sat Apr 20, 2019 7:05 pm
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 119
Views: 7497

Re: fun car advice

you can’t turn a Prius into a 2000lb rear wheel drive car. There’s also the factory turbo Mazdaspeed Miata if you want a bit more kick. I beg to differ https://www.youtube.com/watch?v=c2bknPS7YuQ No way that thing is 2,000lbs :mrgreen: Another point is that there are numerous v8 swap kits ready to ...
by alfaspider
Sat Apr 20, 2019 8:45 am
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 119
Views: 7497

Re: fun car advice

Reconsider an early NA Miata. I just picked up an immaculate red 91 that looks like it just came off the assembly line with only 18,000 miles. I paid 8K for it and it might just be the best purchase I ever made. It is a blast to drive. What is "NA"? The standard Miatas of that vintage look only mar...
by alfaspider
Wed Apr 17, 2019 3:58 pm
Forum: Personal Consumer Issues
Topic: Best and cheapest way to finance a new car: dealership?
Replies: 23
Views: 1873

Re: Best and cheapest way to finance a new car: dealership?

or bank? i am a Chase and Ally customer. Mazda will give me 60 months at 2.9% or 3.9% with -$500 customer cash. has anyone done any better at a bank or credit union? You don't know what the dealership rate will be until you get there. The best bet if you are going to finance is to have financing ap...
by alfaspider
Wed Apr 17, 2019 1:11 pm
Forum: Personal Consumer Issues
Topic: Luxury car recommendations?
Replies: 103
Views: 7758

Re: Luxury car recommendations?

I'd at least test drive a Tesla Model S. A Lexus ES or Avalon will be a small step up from a Camry. The Tesla is a radically different experience. The complete silence of the powertrain is a pretty luxury feature IMO. Are you also going to test drive a bently? Why drive a car that costs 2x as much ...
by alfaspider
Wed Apr 17, 2019 12:20 pm
Forum: Personal Consumer Issues
Topic: Luxury car recommendations?
Replies: 103
Views: 7758

Re: Luxury car recommendations?

I'd at least test drive a Tesla Model S. A Lexus ES or Avalon will be a small step up from a Camry. The Tesla is a radically different experience. The complete silence of the powertrain is a pretty luxury feature IMO.
by alfaspider
Wed Apr 17, 2019 10:27 am
Forum: Personal Consumer Issues
Topic: Where To Get New Bikes
Replies: 64
Views: 3820

Re: Where To Get New Bikes

Hello, Our kid has graduated of balance bike and is becoming more comfortable riding a bike. The weather is certainly more conducive for outside activity, and we are thinking of starting biking as a new family activity. DW and I are comfortable with riding bikes, although we are certainly not serio...
by alfaspider
Wed Apr 17, 2019 10:22 am
Forum: Personal Consumer Issues
Topic: What is your hobby and how did it come to be your hobby?
Replies: 88
Views: 6358

Re: What is your hobby and how did it come to be your hobby?

I have lots of hobbies- more than I could realistically pursue all at once. I go in and out of "practicing", but I never completely walk away from them. Even if I were retired, I don't think I could actively practice all of them to the degree I want due to lack of time! 1) Rock climbing. I had lots ...
by alfaspider
Wed Apr 17, 2019 9:17 am
Forum: Personal Investments
Topic: Financial Advisor Issues
Replies: 18
Views: 1382

Re: Financial Advisor Issues

You can't fix this with another adviser or telling the advisers to pursue a different strategy. The core problem is that 1.5% AUM fees are a massive hurdle for any investment strategy to overcome. But you've come to the right place. BH will provide all the knowledge you need to be comfortable kickin...
by alfaspider
Tue Apr 16, 2019 12:48 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 737
Views: 64195

Re: That's enough for me in 2019

There are a few scenario's where I could see the world stock market registering a significant loss over a long period such as... buying in at the peak of a massive stock market bubble . This is the one I worry about. Why? Are you in all-cash looking to get into equities in a lump sum? If you are bu...
by alfaspider
Tue Apr 16, 2019 8:40 am
Forum: Investing - Theory, News & General
Topic: Why does the stock market go up in the long term?
Replies: 62
Views: 4430

Re: Why does the stock market go up in the long term?

It's because the economy as a whole has consistently expanded throughout modern human history (as long as there have been stock markets). Generally, public companies have captured a portion of that growth. The economy has expanded due to population increase and efficiency increased spurred by techno...
by alfaspider
Tue Apr 16, 2019 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Do not use Personal Capital
Replies: 76
Views: 9613

Re: Do not use Personal Capital

As the saying goes: if you are being provided a "free" service, YOU are the product. They can view, but there is no way they could trade on your account without you explicitly authorizing through your financial institutions. That said, I use PC. I've never called back the "advisers" (I don't answer ...
by alfaspider
Mon Apr 15, 2019 12:48 pm
Forum: Personal Consumer Issues
Topic: Newbie international traveler
Replies: 62
Views: 3224

Re: Newbie international traveler

I wouldn’t overthink the cash situation. The advice about places not accepting cards is a bit outdated- it’s rare to find a place in Germany or Switzerland that does not accept cards and you could conceivably get by with no cash at all. The only caveat is that small purchases like paying for public...
by alfaspider
Mon Apr 15, 2019 6:37 am
Forum: Personal Consumer Issues
Topic: Newbie international traveler
Replies: 62
Views: 3224

Re: Newbie international traveler

I wouldn’t overthink the cash situation. The advice about places not accepting cards is a bit outdated- it’s rare to find a place in Germany or Switzerland that does not accept cards and you could conceivably get by with no cash at all. The only caveat is that small purchases like paying for public ...
by alfaspider
Fri Apr 12, 2019 7:48 pm
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 119
Views: 7497

Re: fun car advice

Get out there and drive cars until something speaks to you. Numbers don't mean what you think. It's about perception. https://www.youtube.com/watch?v=e4_1Mx5Jm94 This car is just unbelievably good and it would be a disservice for me not so sing it's praises. There are very few cars that I get in an...
by alfaspider
Fri Apr 12, 2019 7:29 pm
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 119
Views: 7497

Re: fun car advice

S2000 is the correct answer. I wouldn't bother with an Elise, unless you like working on your car more than driving it. Not sure if you have personal experience with an Elise, but I've had mine for almost 4 years and it's been extremely reliable. Older generation Lotuses, not so much, but that's no...
by alfaspider
Wed Apr 10, 2019 2:40 pm
Forum: Personal Consumer Issues
Topic: Are Airport Lounges Worth the Money?
Replies: 95
Views: 8102

Re: Are Airport Lounges Worth the Money?

Read an article online about how luxurious some airport lounges can be.....complimentary buffet, full bar, place to take a nap and shower, etc. Lounge access is limited to members of certain credit cards that carry very pricey annual fees ($550 or much higher), elite status with airlines or pay a h...
by alfaspider
Tue Apr 09, 2019 8:18 pm
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 119
Views: 7497

Re: fun car advice

Atilla wrote:
Tue Apr 09, 2019 5:04 pm
To throw another option out there. Miatas come with 5.0 Ford V8 conversions. That would get your attention.
That was mostly the old school v8 swap. The Chevy LS is a much better option for Miatas due to packaging. Flyinmiata does a swap for the ND that's pretty impressive.
by alfaspider
Tue Apr 09, 2019 4:48 pm
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 119
Views: 7497

Re: fun car advice

Rather than buying for limited use how about renting an exotic sports car? Actually not a bad suggestion. Who knows, maybe you get bored of driving a sports car after a while? Also, analysis apparently shows that rental rates on platforms like Turo imply losses to people who buy cars to rent to oth...
by alfaspider
Tue Apr 09, 2019 12:56 pm
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 119
Views: 7497

Re: fun car advice

Buy an older (pre 1970) vehicle. All mechanical (no computers) and appreciation in value is much more solid than a 10 year old Honda. For $50k you could easily find a late 60's restored convertible Vette. It won't appreciate much though if he'd like it to be a driver. And I'll take the reliability ...
by alfaspider
Tue Apr 09, 2019 12:30 pm
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 119
Views: 7497

Re: fun car advice

If you want more power than an Elise, look at an Exige S. They’ve been going up in value consistently over the last few years and are more rare than an Elise (better for resale). If you want a LOT more power but along the same lines, you could look into a Noble- quite rare but really cool cars. Oth...
by alfaspider
Tue Apr 09, 2019 11:09 am
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 119
Views: 7497

Re: fun car advice

If you want more power than an Elise, look at an Exige S. They’ve been going up in value consistently over the last few years and are more rare than an Elise (better for resale). If you want a LOT more power but along the same lines, you could look into a Noble- quite rare but really cool cars. Oth...
by alfaspider
Tue Apr 09, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Indigent Parent Support Laws
Replies: 5
Views: 1081

Re: Indigent Parent Support Laws

If this is a live issue for you, I would suggest consulting with a local attorney who specializes in elder care issues. Even PA attorneys who do not have such a specialty are likely not going to be able to correctly advise you on the exact contours of your rights and obligations with respect to this...
by alfaspider
Mon Apr 08, 2019 4:41 pm
Forum: Personal Consumer Issues
Topic: router internet parental controls
Replies: 28
Views: 1635

Re: router internet parental controls

No matter what tech solution you use, there will always be unsecured devices your kids get access to (either directly or indirectly). It’s a good idea to prepare them for innapropriate content regardless- because they will see it eventually.
by alfaspider
Mon Apr 08, 2019 3:33 pm
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 119
Views: 7497

Re: fun car advice

I am looking for a fun to drive roadster or coupe and hoping to get some advice. Here is the criteria I am willing to spend up to $50k give or take a bit for a car that will not depreciate any further and may actually gain in value over the years. Ideally not extremely difficult to do basic mainten...
by alfaspider
Mon Apr 08, 2019 3:31 pm
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 119
Views: 7497

Re: fun car advice

If you want more power than an Elise, look at an Exige S. They’ve been going up in value consistently over the last few years and are more rare than an Elise (better for resale). If you want a LOT more power but along the same lines, you could look into a Noble- quite rare but really cool cars. Othe...
by alfaspider
Thu Apr 04, 2019 5:12 pm
Forum: Personal Consumer Issues
Topic: Clipless pedals for a hybrid bike
Replies: 48
Views: 2193

Re: Clipless pedals for a hybrid bike

I really like egg beaters on my mountain and commuter bikes. Even better than SPDs- there's 4 clip points instead of two so you never have to look down to clip and the pedal is always in the right place. They also do well with mud and dirt clogging compared to SPDs. They are fairly cheap and light w...
by alfaspider
Thu Apr 04, 2019 9:09 am
Forum: Personal Finance (Not Investing)
Topic: What is Financial Independence (FI) in the simplest terms?
Replies: 80
Views: 4680

Re: What is Financial Independence (FI) in the simplest terms?

I like to think in tiers (all definitions with safe withdrawal rate and inflation room): Financially Autonomous = can go many years without income. Lean FIRE = could cease paidwork with very significant lifestyle changes (move abroad or very low cost of living location) Basic FIRE = could cease paid...
by alfaspider
Tue Apr 02, 2019 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 11615

Re: Is our household budget crazy?

Mortgage / Rent : $0 (We own our home outright) Home Maintenance : $1,100 Childcare : $3,100 (Nanny and preschool) Travel : $2150 Food & Groceries : $1800 (About $1000 of this is groceries and $800 is eating out) Health : $1400 ($750 is for health insurance and rest is for out of pocket expenses) U...
by alfaspider
Mon Apr 01, 2019 5:40 pm
Forum: Personal Investments
Topic: Safe way to "bet" against LYFT?
Replies: 36
Views: 3841

Re: Safe way to "bet" against LYFT?

I have personally asked him to participate in this forum (Bogleheads). He is the leading expert in Valuation. He will be run out of here with highly intelligent comments like "Nobody knows nuthin" & "Market timer" Perhaps, but such comments would be mixing up different things. There are plenty of r...
by alfaspider
Mon Apr 01, 2019 7:44 am
Forum: Personal Consumer Issues
Topic: Best car seat for air travel
Replies: 30
Views: 1418

Re: Best car seat for air travel

For children under 2, it’s hard to beat the Doona car seat stroller combo. It’s barely bigger than a normal infant car seat, but the stroller is extremely useable.
by alfaspider
Sat Mar 30, 2019 9:28 am
Forum: Investing - Theory, News & General
Topic: Any Insurance Products better than the Stock Market?
Replies: 22
Views: 1751

Re: Any Insurance Products better than the Stock Market?

What are some of your favorite insurance products for investing? It appears that many high net worth individuals invest in insurance. What kind of products do they buy? It's hard to say insurance products are "better" or "worse" they have different purposes. Equities are there to grow your money. I...
by alfaspider
Sat Mar 30, 2019 9:23 am
Forum: Personal Consumer Issues
Topic: What to see in Philly?
Replies: 87
Views: 5616

Re: What to see in Philly?

If you are into cars, the Simeone Museum is not to be missed. Fantastic collection of vintage race cars. It's right by the airport so makes a great stop on the way in/out (does require a car to get to though).
by alfaspider
Sat Mar 30, 2019 9:08 am
Forum: Personal Consumer Issues
Topic: TVs: OLED vs. QLED
Replies: 52
Views: 3928

Re: TVs: OLED vs. QLED

Somehow I think anyone who grew up with tube-TVs may have a hard time thinking anything beyond regular HD 1080P is more than anyone would need. (I'm still looking in wonder at my good old 52 inch Sony LCD HD tv from 10 years ago). I can appreciate things like OLED, but it's not something I would re...
by alfaspider
Fri Mar 22, 2019 2:44 pm
Forum: Personal Consumer Issues
Topic: Do you still wear a necktie to work?
Replies: 108
Views: 5019

Re: Do you still wear a necktie to work?

Of course I wear a suit to work when the occasion calls for it, and I wear some VERY nice ties of course. I am not going to wear a suit and sweatshirt...LOL...I expect the same from the men I coach when the occasion calls for it. Dress like you own the joint and someday you will. But these days, th...
by alfaspider
Fri Mar 22, 2019 1:53 pm
Forum: Personal Consumer Issues
Topic: Being a Boglehead and car enthusiast stinks
Replies: 72
Views: 4393

Re: Being a Boglehead and car enthusiast stinks

Car enthusiast here. Have owned quite a few sub 30k sports cars and besides maintenance, I have actually made some money back after selling. I enjoy working on cars as a hobby and it has saved me thousands. Some great options that I have owned and won't break the bank: 1) E36 M3 2) E46 M3 3) Honda ...
by alfaspider
Fri Mar 22, 2019 12:37 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2338
Views: 415367

Re: What are you up YTD? [Year To Date]

mtmingus wrote:
Fri Mar 22, 2019 11:17 am
Euphoria like this usually indicates a near term top.
Hard to get too euphoric about a market that is still below where it was six months ago. But it does appear the market was looking for an excuse to sell off today.
by alfaspider
Fri Mar 22, 2019 12:36 pm
Forum: Investing - Theory, News & General
Topic: The $4,026,858.95 Car or a Worry-Free Retirement?
Replies: 245
Views: 11480

Re: The $4,026,858.95 Car or a Worry-Free Retirement?

I've found the Edmunds "TCO" calculators to be rather high for any make of car, BMWs included. It assumes you only hold the car during the steepest depreciation period, always pony up for dealership rates for all maintenance and repairs, and then take a bath when you trade in the car. I suppose peop...
by alfaspider
Fri Mar 22, 2019 11:58 am
Forum: Personal Consumer Issues
Topic: Being a Boglehead and car enthusiast stinks
Replies: 72
Views: 4393

Re: Being a Boglehead and car enthusiast stinks

Can you even get a manual transmission on the three series? Not on the new G20 3 series. The G20 M3 is reportedly getting a manual, though it's still a matter of speculation. The F30 M3 has stopped production, but you can still get the M2 competition manual. The M2 is probably the car to get if you...
by alfaspider
Fri Mar 22, 2019 11:16 am
Forum: Personal Consumer Issues
Topic: Being a Boglehead and car enthusiast stinks
Replies: 72
Views: 4393

Re: Being a Boglehead and car enthusiast stinks

Car enthusiast here. Have owned quite a few sub 30k sports cars and besides maintenance, I have actually made some money back after selling. I enjoy working on cars as a hobby and it has saved me thousands. Some great options that I have owned and won't break the bank: 1) E36 M3 2) E46 M3 3) Honda ...
by alfaspider
Fri Mar 22, 2019 11:08 am
Forum: Personal Consumer Issues
Topic: Do you still wear a necktie to work?
Replies: 108
Views: 5019

Re: Do you still wear a necktie to work?

[quote=A440 post_id=4448923 time=<a href="tel:1553210920">1553210920</a> user_id=47171] For many years (20 or more) I wore a necktie to work everyday. Now, it seems as though the fashion trend is to not wear a necktie, even with a suit or sport coat. I don't follow most fashion trends (much to the ...
by alfaspider
Thu Mar 21, 2019 12:11 pm
Forum: Personal Consumer Issues
Topic: Being a Boglehead and car enthusiast stinks
Replies: 72
Views: 4393

Re: Being a Boglehead and car enthusiast stinks

The problem with cars as a hobby is that cars are expensive . It's not like you're splurging on a $4 latte or even a $200 dinner, you're splurging on something that costs tens of thousands of dollars. That's going to meaningfully affect your finances unless you are way out on the income curve. I've...
by alfaspider
Thu Mar 21, 2019 10:37 am
Forum: Personal Consumer Issues
Topic: Being a Boglehead and car enthusiast stinks
Replies: 72
Views: 4393

Re: Being a Boglehead and car enthusiast stinks

Silly semantic debates about the definition of a "sports car" aside, the Miata is a fantastic option for the car enthusiast who isn't looking to spend a lot of money. Around here, $2k will get you one that runs and drives, $5k will get you a clean one that doesn't really need anything, and $10k will...
by alfaspider
Wed Mar 20, 2019 4:11 pm
Forum: Investing - Theory, News & General
Topic: Does 10% Gold increase or decrease risk?
Replies: 83
Views: 4523

Re: Does 10% Gold increase or decrease risk?

If you run these two portfolios through portfolio visualizer (using VTI for equities, BND for total bond, GLD for gold), you will find that it's basically a wash. Last 10 year returns are within .1%, sharpe ratio .01 difference, max drawdown within .5%. There are likely period where the gold portfo...
by alfaspider
Wed Mar 20, 2019 4:07 pm
Forum: Investing - Theory, News & General
Topic: Does 10% Gold increase or decrease risk?
Replies: 83
Views: 4523

Re: Does 10% Gold increase or decrease risk?

If you run these two portfolios through portfolio visualizer (using VTI for equities, BND for total bond, GLD for gold), you will find that it's basically a wash. Last 10 year returns are within .1%, sharpe ratio .01 difference, max drawdown within .5%. There are likely period where the gold portfol...
by alfaspider
Tue Mar 19, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: College cost trends - 2018 report
Replies: 116
Views: 3343

Re: College cost trends - 2018 report

Based on our current situation and inputting some data in the Net Price Calculators - If my kid went to Virginia Tech this year, I would pay $22k out of $26K If my kid went to Harvard , I would pay $72K out of $72K To all the Harvard grads on this forum, was it worth it? :) My son is a Yale grad ra...
by alfaspider
Tue Mar 19, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: College cost trends - 2018 report
Replies: 116
Views: 3343

Re: College cost trends - 2018 report

Regarding working during the school year, I think it is funny how many parents think it is good for their kids to work at a menial job (distracting them from their studies) while in college. In my opinion, your job in college is to learn, pass classes, and graduate. If your major is easy, take more...