Search found 1613 matches

by alfaspider
Fri Dec 14, 2018 9:53 am
Forum: Personal Consumer Issues
Topic: Audi S4 vs S3
Replies: 33
Views: 1640

Re: Audi S4 vs S3

NHRATA01 wrote:
Fri Dec 14, 2018 9:02 am
Not to be fresh, but I see A3/S3 and the first thing I think of is a Jetta with a nice markup.
The S3 is actually mechanically identical to the Golf R other than a different body style and slightly different suspension tuning.
by alfaspider
Thu Dec 13, 2018 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 379
Views: 37083

Re: What types of jobs do Bogleheads have?

I think BH seems to mostly be made up of professional types (lawyers, doctors, accountants, engineers). These folks have high enough income to invest significantly, but not so high that their net worth is more controlled by their next corporate move than the vicissitudes of the market in general. Sp...
by alfaspider
Thu Dec 13, 2018 1:39 pm
Forum: Personal Consumer Issues
Topic: Should I buy a Tesla?
Replies: 67
Views: 2590

Re: Should I buy a Tesla?

Has your investment portfolio gained or lost $40,000 or more in a single day? If so, then yes, you can spend $40,000 on a car. That metric seems a bit silly. The market rarely swings more than 2-3% in a day. Under your test, you'd need around $1M in the market to buy any new car. A bit over-aggress...
by alfaspider
Thu Dec 13, 2018 12:03 pm
Forum: Investing - Theory, News & General
Topic: Ok to invest in an LLC?
Replies: 27
Views: 1211

Re: Ok to invest in an LLC?

Alfaspider. Thank you for the follow up. At the risk of slightly hijacking the thread, can you give a brief explanation on how payroll taxes are reduced with an S selection versus the LLC being taxed as a partnership? It's used when the owners of S-corporation shares also derive a salary from the S...
by alfaspider
Thu Dec 13, 2018 10:39 am
Forum: Investing - Theory, News & General
Topic: Ok to invest in an LLC?
Replies: 27
Views: 1211

Re: Ok to invest in an LLC?

Never heard of an S election for an LLC. An LLC is a pass through entity taxed as a partnership unless it elects to be taxed as a C corp. So, no need for an S election and no concern about S election requirements. It's relatively uncommon, but an LLC can make an S-corp election. The usual reason fo...
by alfaspider
Wed Dec 12, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 21653

Re: What percentage of your net worth is your home equity?

About 20% at the moment (my house appreciated 20% the year after I bought it), but it has been steadily falling as values have leveled off and I have invested more. It was almost 100% when I bought the house. Keep in mind that age and market are going to play a big role in these discussions. I'm in ...
by alfaspider
Wed Dec 12, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 193
Views: 14201

Re: What Happened to you during the Financial crisis of 2007–2008

I was still in law school and in student debt, so I had no money in the market. However, I was going through recruiting season with law firms. The only reason I graduated with a job was that I interviewed with a firm in New York on a whim. New York firms tended to operate on an earlier recruiting sc...
by alfaspider
Wed Dec 12, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Total Market Index or S&P500 index?
Replies: 17
Views: 2149

Re: Total Market Index or S&P500 index?

The two indexes are very strongly correlated, though I seem to recall that total market tends to have very slightly higher returns (at the cost of slightly higher volatility) due to including more smaller companies in the portfolio. As mentioned above, they are good to swap back and forth when you n...
by alfaspider
Mon Dec 10, 2018 2:46 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8608
Views: 1679259

Re: U.S. stocks in freefall

To the folks who are in accumulation phase: this is your chance to accelerate your progress towards financial independence! Buy, Buy, Buy like there is no tomorrow. I will be buying as I always do, but absent a windfall, I can't buy all that much more than I already am. Anything beyond expenses goe...
by alfaspider
Mon Dec 10, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8608
Views: 1679259

Re: U.S. stocks in freefall

To the folks who are in accumulation phase: this is your chance to accelerate your progress towards financial independence! Buy, Buy, Buy like there is no tomorrow. I will be buying as I always do, but absent a windfall, I can't buy all that much more than I already am. Anything beyond expenses goe...
by alfaspider
Thu Dec 06, 2018 2:47 am
Forum: Investing - Theory, News & General
Topic: The overwhelming majority lose in a zero-sum trading game.
Replies: 52
Views: 5204

Re: The overwhelming majority lose in a zero-sum trading game.

Interestingly enough, the underlying math behind the OP's post was suggested by Pascal in 1657. The problem is now known as "gambler's ruin." https://en.wikipedia.org/wiki/Gambler%27s_ruin Once you understand the math, the hardest thing for people to accept is the randomness of the situation. Everyo...
by alfaspider
Mon Dec 03, 2018 11:22 am
Forum: Personal Consumer Issues
Topic: First Triathlon. What bike to buy?
Replies: 34
Views: 1832

Re: First Triathlon. What bike to buy?

If you want to spend a little money, she could take her current bike to a reputable local bike shop to do a fitting or changing the setup (bars, saddle, seatpost, stem) to get something closer to a road or tri setup, it won't be possible to get full on tri from a hybrid frame, but you could at leas...
by alfaspider
Fri Nov 30, 2018 12:24 pm
Forum: Personal Consumer Issues
Topic: ‘01 Honda Odyssey: won’t start, needs $2700 repair. Junk it or fix?
Replies: 65
Views: 4048

Re: ‘01 Honda Odyssey: won’t start, needs $2700 repair. Junk it or fix?

If the timing belt snapped, just junk it. It's not worth repairing unless you have a spare motor just sitting there and will do all the work yourself. If it's just the catalytic converter, you can buy those from rockauto for generally $100-200 for most vehicles. Have a muffler shop install it and be...
by alfaspider
Fri Nov 30, 2018 12:15 pm
Forum: Personal Consumer Issues
Topic: How do Bogleheads justify taking vacation?
Replies: 102
Views: 4409

Re: How do Bogleheads justify taking vacation?

Good budgeting is about maximizing utility (in the economic sense) over your lifespan. This requires three things: 1) Making sure you aren't disproportionately sacrificing utility in the future by failing to adequately save. 2) Making sure you aren't disproportionately sacrificing utility in the pre...
by alfaspider
Fri Nov 30, 2018 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Marriott Starwood Security breach - 500 million guests
Replies: 26
Views: 3442

Re: Marriott Starwood Security breach - 500 million guests

At this point, I pretty much assume everyone who has ever provided personal information to any large company has had their data stolen. If someone wants your personal info, It's out there on the darkweb for whomever cares to buy it.
by alfaspider
Thu Nov 29, 2018 11:49 am
Forum: Personal Consumer Issues
Topic: Why you might want to reconsider buying a vehicle with direct fuel injection
Replies: 48
Views: 4209

Re: Why you might want to reconsider buying a vehicle with direct fuel injection

I believe that other methods like water injection or methanol injection could be used to clean the valves. There are lots of kits for this but they're not cheap ($500 ish). These have been around for a while to cool the intake charge to create a denser charge and increase power. I've seen it used o...
by alfaspider
Thu Nov 29, 2018 11:44 am
Forum: Personal Consumer Issues
Topic: Guy's Western US Ski Trip - suggestions?
Replies: 44
Views: 2374

Re: Guy's Western US Ski Trip - suggestions?

I've spent a lot of time in Breckenridge. It's a decent place for nightlife to the proximity of the town (albeit not hard-partying club type nightlife), but it will be relatively crowded due to its easy access to the front range population centers. I wouldn't choose it for a vacation spot. The crowd...
by alfaspider
Mon Nov 26, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: ride-sharing - just saying... [Check your insurance policy]
Replies: 20
Views: 2742

Re: ride-sharing - just saying...

I wouldn't expect much out of insurance if you are in an accident as a traditional Taxi passenger either. A work colleague of mine was in an accident in an NYC cab once where the cab was at fault. It was not a pleasant experience.
by alfaspider
Wed Nov 21, 2018 9:27 am
Forum: Personal Consumer Issues
Topic: Electric wrench / screwdriver for the home auto mechanic
Replies: 27
Views: 1523

Re: Electric wrench / screwdriver for the home auto mechanic

My Milwaukee Fuel 1/2 Inch Drive impact wrench is one of my favorite tools. It also has a handy low torque setting for spinning on lug nuts. It has 1200ft/lbs of loosening torque, so there's basically nothing it can't get off. Get a $15 torque wrench from Harbor Freight for torquing to spec. You can...
by alfaspider
Mon Nov 19, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8608
Views: 1679259

Re: U.S. stocks in freefall

Actually, I can tolerate equity risk but it's the losing money part that freaks me out. I don't think that word means what you think it means. If CULater is serious (this is the freefall thread after all), then it is time to get some help like from a financial advisor and a serious review of Asset ...
by alfaspider
Mon Nov 19, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8608
Views: 1679259

Re: U.S. stocks in freefall

Seems like the market keeps over-reacting to ANY tiny "bit" of less than wonderful news.. Take today - Apple iPhone sales. So what? All that says (to me) is that consumers (like me and DW) don't want to spend $1,000 per new phone. That is not a sign of "the economy slowing down", but a sign that Ap...
by alfaspider
Mon Nov 19, 2018 12:56 pm
Forum: Personal Consumer Issues
Topic: How do Bogleheads buy cars?
Replies: 89
Views: 12678

Re: How do Bogleheads buy cars?

Also if you think 80 year olds drive Buicks maybe you should take a look at the cascada convertible and the new regal. I really think those look pretty nice and nothing like what a grandmother/father would drive. I know this is a necropost, but I got a good chuckle out of this one. An 80 year old i...
by alfaspider
Mon Nov 19, 2018 9:36 am
Forum: Personal Consumer Issues
Topic: New car - aftermarket upgrades vs higher trim
Replies: 28
Views: 1876

Re: New car - aftermarket upgrades vs higher trim

Aftermarket leather is typically worlds better than OEM. Tint is easy. Replacing the head unit gets what you want at a much higher quality than stock. I’ve never seen a car with aftermarket leather that looks better than OEM. A lot of newer cars have some significant issues with replacing the head ...
by alfaspider
Sun Nov 18, 2018 4:58 pm
Forum: Personal Consumer Issues
Topic: New car - aftermarket upgrades vs higher trim
Replies: 28
Views: 1876

Re: New car - aftermarket upgrades vs higher trim

Aftermarket leather is typically worlds better than OEM. Tint is easy. Replacing the head unit gets what you want at a much higher quality than stock. I’ve never seen a car with aftermarket leather that looks better than OEM. A lot of newer cars have some significant issues with replacing the head ...
by alfaspider
Thu Nov 15, 2018 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: SoFi Money
Replies: 9
Views: 1373

Re: SoFi Money

Interesting, but I'm willing to deal with a few transfers back and forth with my online savings account to get FDIC insurance. Plus, my account pays a wee bit higher (2.05%).
by alfaspider
Thu Nov 15, 2018 11:50 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8608
Views: 1679259

Re: U.S. stocks in freefall

CULater wrote:
Thu Nov 15, 2018 10:52 am
Market down another 200 points today so far. Dare we say "U.S. stocks in slowfall"?
VTI is flat as of this moment. The Dow is pretty much irrelevant.
by alfaspider
Thu Nov 15, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Accuracy of Zillow/Trulia/Redfin Estimates
Replies: 51
Views: 4585

Re: Accuracy of Zillow/Trulia/Redfin Estimates

Got a professional appraisal of my condo in Phoenix and it was right where the Zillow estimate was. How many of you have compared Zillow to a professional appraisal? A real estate agent's estimate isn't the gold standard. The Zillow estimate for my house is almost $200k less than the last professio...
by alfaspider
Thu Nov 15, 2018 9:43 am
Forum: Personal Finance (Not Investing)
Topic: rule of thumb for using HSA funds?
Replies: 40
Views: 3389

Re: rule of thumb for using HSA funds?

Personally, I don't find it realistic to save receipts for the 30+ years I would need to in order to maximize the HSA. You do realize you are required to save proof of service (bills, EOBs, etc..) and payment (receipts, financial records, etc..) For at least three years after the tax filing deadlin...
by alfaspider
Wed Nov 14, 2018 3:56 pm
Forum: Personal Consumer Issues
Topic: sony TV XBR49X900F $1K vs a cheaper alternative Samsung $330
Replies: 18
Views: 1037

Re: sony TV XBR49X900F $1K vs a cheaper alternative Samsung $330

If she's set on a Sony, there are much cheaper alternatives within the Sony line at the same size. For example: https://www.bhphotovideo.com/c/product/1224247-REG/sony_kdl48w650d_kdl_w650d_series_48_1080p.html/?ap=y&gclid=CjwKCAiArK_fBRABEiwA0gOOc5aR6JDnOqHrF-5xo6PY0GBpd1YicIYVnIzKoRC0Bbk0fcvWKJnEAB...
by alfaspider
Wed Nov 14, 2018 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Accuracy of Zillow/Trulia/Redfin Estimates
Replies: 51
Views: 4585

Re: Accuracy of Zillow/Trulia/Redfin Estimates

However, you can use these services to get a pretty good idea of what your home is worth just by looking at comps yourself- taking into account list prices as well as time to sell. If a similar house a block away listed for $500k and sold 2 weeks later, that should give you a pretty good idea that ...
by alfaspider
Wed Nov 14, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Accuracy of Zillow/Trulia/Redfin Estimates
Replies: 51
Views: 4585

Re: Accuracy of Zillow/Trulia/Redfin Estimates

Agents tend to use $/sqft for houses in a neighborhood. That always irks me because it tells you nothing about the condition of the house. One house could be in need of a complete rehab and the other one was just redone. Not around here they don't. It's much more sophisticated than that. There are ...
by alfaspider
Wed Nov 14, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Accuracy of Zillow/Trulia/Redfin Estimates
Replies: 51
Views: 4585

Re: Accuracy of Zillow/Trulia/Redfin Estimates

These estimates should be considered a general ballpark at best. In some cities, they aren't even great for a ballpark, except maybe as a relative comparison between neighborhoods. However, you can use these services to get a pretty good idea of what your home is worth just by looking at comps yours...
by alfaspider
Wed Nov 14, 2018 11:30 am
Forum: Personal Finance (Not Investing)
Topic: rule of thumb for using HSA funds?
Replies: 40
Views: 3389

Re: rule of thumb for using HSA funds?

Personally, I don't find it realistic to save receipts for the 30+ years I would need to in order to maximize the HSA. You do realize you are required to save proof of service (bills, EOBs, etc..) and payment (receipts, financial records, etc..) For at least three years after the tax filing deadlin...
by alfaspider
Wed Nov 14, 2018 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Oops! Edward Jones tops Vanguard in customer survey
Replies: 50
Views: 5300

Re: Oops! Edward Jones tops Vanguard in customer survey

Edward Jones will become your best friend for about 1% of your net worth per annum. Yep. I will become friends with just about ANYBODY for 1% of their net worth per annum :mrgreen: EJ has GREAT customer service, but most people have no idea how much they are paying for it. I think it's odd that som...
by alfaspider
Wed Nov 14, 2018 9:16 am
Forum: Personal Finance (Not Investing)
Topic: rule of thumb for using HSA funds?
Replies: 40
Views: 3389

Re: rule of thumb for using HSA funds?

Personally, I don't find it realistic to save receipts for the 30+ years I would need to in order to maximize the HSA. On top of that, I have no idea if HSAs will even exist in their current form by the time I am retirement age, or how HSA funds will be handled if the law ever changes. So, even thou...
by alfaspider
Tue Nov 13, 2018 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 222
Views: 29271

Re: [Financial] Habits of the Rich

I would have to debate calling most people here rich... At 3.1% WR, that's $26MM. That's the very BOTTOM rang of rich. I have to disagree. Median family income in the US is $59k. And they have to work for that. If I am retired, or just FI, have ~1.5 times that in family income and don't have to wor...
by alfaspider
Tue Nov 13, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 95
Views: 8211

Re: Finances in NYC

If you look at Bankrates cost of living calculator you see that $58k in Columbus is equivalent to $145k in Manhattan and $111k in Brooklyn, with the difference being rent/mortgage. From a financial perspective the new wage is comprobale to your current wage adjusted for COL in NYC. OP, I would enco...
by alfaspider
Mon Nov 12, 2018 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 222
Views: 29271

Re: [Financial] Habits of the Rich

Victoria's Secrets of becoming rich : 1. Select a peer group of people you want to resemble. I bet many Bogleheads became more wealthy and more successful after they have joined the Forum. 2. Be always learning . Pursue advanced degrees, professional certifications, and marketable skills. Do NOT fo...
by alfaspider
Mon Nov 12, 2018 11:38 am
Forum: Personal Consumer Issues
Topic: Planet Fitness etc.,
Replies: 51
Views: 4481

Re: Planet Fitness etc.,

PF is a bit of a running joke among fitness enthusiasts because they seem to do their darndest to repel those who are actually into fitness. For example, most facilities have a "no deadlifting" rule, which is a core exercise that most people with any significant interest in strength training will ex...
by alfaspider
Thu Nov 08, 2018 1:57 pm
Forum: Personal Consumer Issues
Topic: United MileagePlus - Confused and looking for cheaper options
Replies: 26
Views: 2089

Re: United MileagePlus - Confused and looking for cheaper options

Buying additional miles rarely makes sense unless you are just a tiny bit under (a few hundred or so). In your case, I'd just buy one of the two tickets. You shouldn't have to book an unaccompanied minor ticket if you are on the same flight- worse comes to worse, you may need to get an agent to help...
by alfaspider
Thu Nov 08, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: Best LSAT course?
Replies: 20
Views: 1012

Re: Best LSAT course?

sawhorse wrote:
Thu Nov 08, 2018 9:38 am
I got a 178 on the LSAT. The only preparation I did was practice on the actual past versions of the test. A lot of them are available. There is no substitute for the real thing.
Statistically, 99.9% of test takers will not be in your position. But you already knew that :happy
by alfaspider
Thu Nov 08, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: Best LSAT course?
Replies: 20
Views: 1012

Re: Best LSAT course?

For in-person courses, I think Testmasters is probably the best, especially if you are shooting for a high score. Princeton Review and Kaplan tend to be a bit more "lowest common denominator" focused. Testmasters also has the most stringent requirements for instructors (170+ on a real test instead o...
by alfaspider
Wed Nov 07, 2018 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Are we in trouble?
Replies: 106
Views: 12899

Re: Are we in trouble?

We live in Texas with a higher income than that, and I can't fathom paying $1.2M for a house. Not because we couldn't afford it per-se, but because I don't see the value in living such an expensive house when a more reasonably priced one still gives you a very nice house in a good neighborhood. I al...
by alfaspider
Wed Nov 07, 2018 11:47 am
Forum: Personal Consumer Issues
Topic: Moving to NYC without a job
Replies: 33
Views: 5126

Re: Moving to NYC without a job

I'd caution against this. Getting an apartment in NYC is expensive. It is typical for landlords to demand first month's, last month's rent, one month's rent deposit, AND a broker commission. An (relatively cheap) apartment that costs $2,000 a month can cost $8,000 to move into, and that's not includ...
by alfaspider
Tue Nov 06, 2018 8:35 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 702
Views: 114052

Re: High Earners - What's Your Profession?

Would really like to revive this thread instead of starting a new one. Not sure why some are so reluctant to share exact numbers as we are supposedly ananomyous. 35 yrs old Healthcare profession ( not MD) MS degree 250k gross.. but crazy hrs 80 plus as 250k is not the norm for my profession at all....
by alfaspider
Mon Nov 05, 2018 8:20 am
Forum: Personal Consumer Issues
Topic: Argentina Trip Over Winter Break
Replies: 20
Views: 1676

Re: Argentina Trip Over Winter Break

BA was a really neat place. As a Boglehead one of the great joys of BA was that it was dirt cheap. At the time wonderful pasta dinners were $4, steak dinners $7, glass of wine $2, etc. I have a feeling that is not true any more. It’s still a neat place and worth visiting. Argentina is in the midst ...
by alfaspider
Thu Nov 01, 2018 10:52 am
Forum: Personal Consumer Issues
Topic: Argentina Trip Over Winter Break
Replies: 20
Views: 1676

Re: Argentina Trip Over Winter Break

BA was a really neat place. As a Boglehead one of the great joys of BA was that it was dirt cheap. At the time wonderful pasta dinners were $4, steak dinners $7, glass of wine $2, etc. I have a feeling that is not true any more. It’s still a neat place and worth visiting. Argentina is in the midst ...
by alfaspider
Thu Nov 01, 2018 10:27 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 318
Views: 21723

Re: Talk me out of buying a Tesla Model 3

Then there's the Supercharger issues as well. The two nearest Superchargers to me are notorious for being overloaded. They often have people waiting to use them after 11:00pm on a weeknight. This is what happens when you offer "free gas"... even people who pay $100K+ on a car can't turn that deal d...
by alfaspider
Thu Nov 01, 2018 10:20 am
Forum: Personal Consumer Issues
Topic: Argentina Trip Over Winter Break
Replies: 20
Views: 1676

Re: Argentina Trip Over Winter Break

I do recommend seeing Uruguay if you have the time, and I think you really only need a day. I really enjoyed both Colonia and Montevideo. We took the ferry to Colonia, did a few hours of sightseeing + lunch, then continued on to Montevideo via bus. Montevideo had some great live music in the cafes. ...
by alfaspider
Thu Nov 01, 2018 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Tax refunds expected to be 26% more in 2019
Replies: 52
Views: 5754

Re: Tax refunds expected to be 26% more in 2019

My goal has always been to pay the maximum possible without incurring a penalty. I prefer to get an interest-free loan from the government rather than provide one to it :happy Excellent. As a fellow tax payer - I thank you! :happy Keep in mind that I am paying the maximum payment at tax time relati...