Search found 1432 matches

by alfaspider
Thu Aug 16, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Terminating an employee with company car
Replies: 61
Views: 5328

Re: Terminating an employee with company car

Many decades ago, I worked for a "Megacorp" - and even when an employee resigned (gave notice), they were immediately given all relevant paperwork and walked out the door that day (often with hours). Names on offices (we had two person offices back then) were removed and the next day - it was as th...
by alfaspider
Thu Aug 16, 2018 9:57 am
Forum: Personal Consumer Issues
Topic: Sign - Speed checked by Radar
Replies: 41
Views: 2480

Re: Sign - Speed checked by Radar

bampf wrote:
Thu Aug 16, 2018 9:55 am
Are speed limits relevant in the era of self driving vehicles?
When that day comes I wouldn't be surprised if maximum speeds are required to be put into the vehicles's programming. That would make it a true "limit" rather than a stern suggestion with a potential penalty.
by alfaspider
Thu Aug 16, 2018 9:56 am
Forum: Personal Consumer Issues
Topic: Sign - Speed checked by Radar
Replies: 41
Views: 2480

Re: Sign - Speed checked by Radar

I've always been skeptical of the "speed checked by aircraft" signs, but apparently some departments actually are spending gobs of money on aircraft to issue speeding tickets based on other posts in the thread. I usually see those signs in the middle of nowhere. My guess is they are mostly a deterr...
by alfaspider
Thu Aug 16, 2018 9:22 am
Forum: Personal Consumer Issues
Topic: Fuji FC 440 Carbon Bike Fork and Fuji C7 Carbon Frame
Replies: 7
Views: 226

Re: Fuji FC 330 Carbon Bike Frame

Search sold listings on eBay. How old is it? Unless it's brand new, I would be surprised if you could get more than a couple hundred bucks, tops. Fuji isn't really a marquee brand that would fetch top dollar (even though it's likely made in the same sweatshops as top brands). Fuji makes everything ...
by alfaspider
Thu Aug 16, 2018 9:06 am
Forum: Personal Consumer Issues
Topic: Fuji FC 440 Carbon Bike Fork and Fuji C7 Carbon Frame
Replies: 7
Views: 226

Re: Fuji FC 330 Carbon Bike Frame

A quick google search indicates that the FC330 is a fork, not a frame. You likely have a frame that comes with a FC330 fork. What's written on the frame itself?

As for where to sell: Pinkbike, Craigslist, Facebook, Ebay. Bike shops can help package it up if you are shipping it.
by alfaspider
Thu Aug 16, 2018 9:00 am
Forum: Personal Consumer Issues
Topic: Where to buy white, athletic fit dress shirt?
Replies: 35
Views: 1476

Re: Where to buy white, athletic fit dress shirt?

For what it's worth, you can usually get the waist taken in on most shifts fairly cheaply at a tailor. The slimmest "slim" fit off the rack shirt I've found is from Suitsupply. They are expensive ($100), but the material is much nicer than you see from the larger retailers. Since they are cut for Eu...
by alfaspider
Thu Aug 16, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Terminating an employee with company car
Replies: 61
Views: 5328

Re: Terminating an employee with company car

I'd evaluate whether you really need to terminate with immediate effect. That would give them time to turn over the car with a ride home already lined up. The way it generally works with associate attorneys at large law firms is that they are told that they are being given 1-6 months (depending on f...
by alfaspider
Thu Aug 16, 2018 8:05 am
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 115
Views: 8230

Re: Any Boglehead powerlifters?

The numbers I see in this thread are eye popping! Those with experience - let me know what you think about my conflicting goals (diet & lifting). I wouldn't take this as medical advice, but as advice over a mutual hobby. Staying in calorie deficit can inhibit your gains, but it sounds like you are ...
by alfaspider
Tue Aug 14, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 346
Views: 22331

Re: Invest in Tesla?

Tesla is not going private. Musk's tweet was a lie. It's obvious, right? Now Tesla is scrambling to make it "real" since admitting it was all a lie isn't a very good approach. Everything Musk says is a lie. The end is near. When it's all over, Musk will go down as the greatest fraud in the history ...
by alfaspider
Tue Aug 14, 2018 8:05 am
Forum: Personal Consumer Issues
Topic: Is the price of a new car a good proxy for the expense of owning it?
Replies: 38
Views: 2230

Re: Is the price of a new car a good proxy for the expense of owning it?

Agreed that Edmunds numbers are a bit wonky. Assuming $15k of repairs/matieanance for an E-class in the first five years of ownership is absurd. The car will be under warranty for four of those five years! While the car could self-destruct right at the end of year 4, that's not terribly likely. As f...
by alfaspider
Tue Aug 14, 2018 7:47 am
Forum: Personal Consumer Issues
Topic: Timing of car purchase during a model year
Replies: 17
Views: 1545

Re: Timing of car purchase during a model year

The best is to sell a used car privately, with the exception that your state MAY give you a full or partial tax break on a trade. Private sales always yield more money. In my experience, selling a late-model car privately is an exercise in frustration. Few people who are able to pay more than $10-1...
by alfaspider
Tue Aug 14, 2018 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Refinance student debt
Replies: 8
Views: 611

Re: Refinance student debt

I used Sofi a few years ago when they were brand new and pretty much the only game in town. Since I was also looking for a quick repayment, I did a variable interest rate, which ended up lower than 4%. The process was smooth, but I'd still shop around for the best rates.
by alfaspider
Sun Aug 12, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Biggest Threats to Financial Well-Being
Replies: 99
Views: 8931

Re: Biggest Threats to Financial Well-Being

College choice- Spending $150k on a degree that can be had for $40k will teach you compounding interest in reverse real quick. “You wasted $150,000 on an education you coulda got for $1.50 in late fees at the public library.” -Good Will Hunting. :) The education is free. It’s the certification by a...
by alfaspider
Fri Aug 10, 2018 11:59 am
Forum: Personal Consumer Issues
Topic: SPG rewards....sucks?
Replies: 24
Views: 2653

Re: SPG rewards....sucks?

Keep in mind that SPG is being merged with Mariott rewards at the end of next week, so this program is effectively dead.
by alfaspider
Fri Aug 10, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: Do Airlines measure checked baggages?
Replies: 33
Views: 2061

Re: Do Airlines measure checked baggages?

If you are flying an ultra-low cost airline like Spirit or Frontier, expect the bag to be carefully measured. My last Spirit flight (first and only) required each passenger to put their carry on in the undersized measuring device (no squishing allowed) and hit ones that didn't measure up with big fe...
by alfaspider
Thu Aug 09, 2018 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Regarding FIRE
Replies: 10
Views: 920

Re: Regarding FIRE

I thought it was based on your investable assets (no house). It depends if your FIRE plan involves selling the house and moving to a lower cost of living area. If so, I don't see why you would exclude the house. This it the ideal. But you really have to do the math to see if that's going to save an...
by alfaspider
Thu Aug 09, 2018 8:04 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 346
Views: 22331

Re: Invest in Tesla?

My sources indicate MoviePass will acquire Tesla in an all cash deal. Funding secured. Hahahaha! Seriously, is anyone taking Musk seriously? It's just another lie piled on a mountain of lies. That's what he does. He's angry about the shorts, and just can't let it go. Very thin-skinned, insecure dud...
by alfaspider
Thu Aug 09, 2018 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Regarding FIRE
Replies: 10
Views: 920

Re: Regarding FIRE

OnTrack2020 wrote:
Thu Aug 09, 2018 6:59 am
I thought it was based on your investable assets (no house).
It depends if your FIRE plan involves selling the house and moving to a lower cost of living area. If so, I don't see why you would exclude the house.
by alfaspider
Tue Aug 07, 2018 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Should I apply for United Explorer MileagePlus Card? Is it worth it in my situation?
Replies: 45
Views: 2029

Re: Should I apply for United Explorer MileagePlus Card? Is it worth it in my situation?

I just got this card myself (for the second time). Nice bonus miles and as you point out priority boarding and free checked bag. I would not count on being able to use the lounge passes. Many lounges are blacked out (such as in EWR). However maybe your experience will be better. Do you normally cha...
by alfaspider
Mon Aug 06, 2018 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 14197

Re: Will you pay for your kids' college/graduate education?

Regarding community college: I think it can be a fantastic option to save money for some, but I would consider the caveats: 1) Coursework at CC may be less rigorous than at a flagship state school. Many of my friends who attended the flagship state school would selectively attend CC for weed-out cou...
by alfaspider
Mon Aug 06, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 14197

Re: Will you pay for your kids' college/graduate education?

That's only Stafford loan limits for undergraduates. Students can still get private student loans and graduate student loans well in excess. Independent students can also borrow more. At what point does the student need a co-signer with low income? Can a student with <$5k income get an unlimited am...
by alfaspider
Mon Aug 06, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 14197

Re: Will you pay for your kids' college/graduate education?

UW Madison is about $10,500 for tuition/fees for instate. It's a top 25 world university, and is inside the Top 25-50 in nearly every major discipline. You're right, in-state flagship Us are still pretty reasonable. And I don't think graduating college with $30K in student loans (about the average)...
by alfaspider
Mon Aug 06, 2018 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 14197

Re: Will you pay for your kids' college/graduate education?

Yes, but I will expect them to make a reasonable contribution of their own. The plan is to have everything "paid for" in the form of 529 contributions by the time my present (and hypothetical future) kids are in elementary school. I am so glad my parents gave me carte blanche for college. No restric...
by alfaspider
Mon Aug 06, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: Would buy and hold work if Japan's lost decade happens?
Replies: 64
Views: 7494

Re: Would buy and hold work if Japan's lost decade happens?

The problem is that the U.S. is such a dominant market, that if it falters, the rest of the world is likely to falter as well. Japan is a much smaller market on a relative basis. Er? This shows a lack of understanding of what Japan was like in the 1980s. By 1989 Japan made up 45% of the global mark...
by alfaspider
Mon Aug 06, 2018 8:29 am
Forum: Investing - Theory, News & General
Topic: Would buy and hold work if Japan's lost decade happens?
Replies: 64
Views: 7494

Re: Would buy and hold work if Japan's lost decade happens?

I agree with the above poster that it has been more like a lost generation than a lost decade. The lessons I take from it are the following. 1. Yes it can happen here. So this is a reason to diversify geographically broadly. I’m 50% US/50% Int. 2. I believe value investors in Japan did significantl...
by alfaspider
Mon Aug 06, 2018 7:31 am
Forum: Personal Consumer Issues
Topic: Cost of ownership of buying Model 3 vs keeping my M235i.
Replies: 50
Views: 2914

Re: Cost of ownership of buying Model 3 vs keeping my M235i.

With either car, once the car is out of factory warranty, you don't want to own it without an extended factory warranty. The BMW is very predictable and reading various BMW forums will give you a good view of what's going to be needed going forward. Reading owner's blogs on Teslas tells me that the...
by alfaspider
Thu Aug 02, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Car price ratio to NW
Replies: 68
Views: 2713

Re: Car price ratio to NW

Car price should be based on annual income, not net worth. My last new car purchase, a 2016 F-150, was a bit less than half my annual income... Half annual income seems like a lot unless your net worth is really high in proportion. I'm sure it can be done, but probably not the most BH purchase. Of ...
by alfaspider
Thu Aug 02, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Car price ratio to NW
Replies: 68
Views: 2713

Re: Car price ratio to NW

...Well, if my finances were otherwise identical but I also owned a $5M paid off house, that would certainly make my financial picture quite a bit better. You can always get a HELOC. Getting a HELOC for the main purpose of buying an expensive car doesn't sound like a really well thought out plan, b...
by alfaspider
Thu Aug 02, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Car price ratio to NW
Replies: 68
Views: 2713

Re: Car price ratio to NW

Car price should be based on annual income, not net worth. My last new car purchase, a 2016 F-150, was a bit less than half my annual income... sure but it is still X% of your NW, what was that % at that time? Something less than 5% of my net worth, without being too exact. Of course, I'm retired, ...
by alfaspider
Thu Aug 02, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Car price ratio to NW
Replies: 68
Views: 2713

Re: Car price ratio to NW

Car price should be based on annual income, not net worth. My last new car purchase, a 2016 F-150, was a bit less than half my annual income... Half annual income seems like a lot unless your net worth is really high in proportion. I'm sure it can be done, but probably not the most BH purchase. Of ...
by alfaspider
Thu Aug 02, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Car price ratio to NW
Replies: 68
Views: 2713

Re: Car price ratio to NW

Never pay more than 100% of your net worth for a car. Less is better. There was a time I had negative net worth due to student debt but a six figure job. I paid $3,500 for a car at the time. Mistake? Not really arguing that specific rule of thumb, but just showing that rules of thumbs in relation t...
by alfaspider
Thu Aug 02, 2018 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: DW job in dangerous area
Replies: 90
Views: 6744

Re: DW job in dangerous area

Riley15 wrote:
Wed Aug 01, 2018 4:52 pm

Wondering what kind of job pays 200k out of grad school without any experience.
Large law firms in major cities. Market rate (and it is pretty standardized among top firms) first year salary is $190k, $200k for second year + bonuses.
by alfaspider
Wed Aug 01, 2018 7:40 am
Forum: Personal Consumer Issues
Topic: Do You Purchase "Medical Evacuation Insurance" When You Travel?
Replies: 160
Views: 7849

Re: Do You Purchase "Medical Evacuation Insurance" When You Travel?

No, I have not done so. I have had medical emergencies where I ended up in a developed foreign country hospital, so I'm trusting of health care systems of the places that I go outside the US. Have you seen any headlines like "American Tourist Received No Medical Aid!" No headlines, but I do have a ...
by alfaspider
Tue Jul 31, 2018 4:03 pm
Forum: Personal Consumer Issues
Topic: How early to get to an JFK for international flight?
Replies: 6
Views: 374

Re: How early to get to an JFK for international flight?

Your airline web site probably has hints. I'd give myself 2 hours, but I don't stress these things because I don't believe the plane will take off without me. Also, if checking in luggage they will call folks who are way back in line if a flight departure is getting too close. Of course, it would b...
by alfaspider
Tue Jul 31, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 115
Views: 8230

Re: Any Boglehead powerlifters?

I think I could do a rep with two plates if I had to. My legs feel strong enough to do more, but my lower back feels strained at higher weights, especially with the "low bar" style in SS. I do more of a high bar now. At my yuppie gym I only occasionally see people squatting even two plates at depth...
by alfaspider
Tue Jul 31, 2018 2:47 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 115
Views: 8230

Re: Any Boglehead powerlifters?

I think I could do a rep with two plates if I had to. My legs feel strong enough to do more, but my lower back feels strained at higher weights, especially with the "low bar" style in SS. I do more of a high bar now. At my yuppie gym I only occasionally see people squatting even two plates at depth...
by alfaspider
Tue Jul 31, 2018 2:18 pm
Forum: Personal Consumer Issues
Topic: Tips for staying active / injury-free into older age
Replies: 130
Views: 9334

Re: Tips for staying active / injury-free into older age

two words Table Tennis great workout for the body and mind (it can be a very complicated game at the higher level) and low risk of injury. Plus you get out and meet people, just google for a local club in your area My wife has only had one serious orthopedic injury- she broke her foot playing table...
by alfaspider
Tue Jul 31, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: Tips for staying active / injury-free into older age
Replies: 130
Views: 9334

Re: Tips for staying active / injury-free into older age

Hate to say it but I would advise against serious running, unless you are light and compactly built...even then.. I am 69 and those friends my age who run all developed hip, knee, foot, and even back problems. My Ortho doc recommended cycling, and only cycling. Road, mountain, spin bike whatever. C...
by alfaspider
Tue Jul 31, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Realities of Early Retirement Model (FIRE)?
Replies: 96
Views: 9462

Re: Realities of Early Retirement Model (FIRE)?

Even without subsidies, our family of three could get a 'bronze' health insurance plan for $8,600 annually. There's a long way to go between there and $40k. But I agree that FIRE folks would do well to not bet on getting the ACA subsidies indefinitely. The kinds of changes you are proposing would b...
by alfaspider
Tue Jul 31, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Realities of Early Retirement Model (FIRE)?
Replies: 96
Views: 9462

Re: Realities of Early Retirement Model (FIRE)?

Perhaps I could accept the idea that I will potentially have trouble getting care in the future, but I can't accept that my child may not be able to get the best care . I don't understand what you mean here. Why would a FIRE person not be able to get the same quality of care as everyone else? Virtu...
by alfaspider
Tue Jul 31, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Realities of Early Retirement Model (FIRE)?
Replies: 96
Views: 9462

Re: Realities of Early Retirement Model (FIRE)?

Seriously, it's just a question of ability to pay premiums. People can buy health insurance on the open market without going through the 'ACA', and they do every day. And while it will likely go up in cost, but it can't go up at its historic rate indefinitely; it's mathematically impossible. Its no...
by alfaspider
Mon Jul 30, 2018 9:32 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 346
Views: 22331

Re: Invest in Tesla?

TSLA is valued as a tech business, not car business. Any comps with a car business like Ford or GM or Toyota alike is simply absurd. Yes, they currently produce cars but their main business is renewable energy and total domination in AI- based means of transportation. Again, please don’t insult Tes...
by alfaspider
Sun Jul 29, 2018 7:33 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 346
Views: 22331

Re: Invest in Tesla?

TSLA is valued as a tech business, not car business. Any comps with a car business like Ford or GM or Toyota alike is simply absurd. Yes, they currently produce cars but their main business is renewable energy and total domination in AI- based means of transportation. Again, please don’t insult Tes...
by alfaspider
Fri Jul 27, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Yet another "can I afford it"?
Replies: 42
Views: 3923

Re: Yet another "can I afford it"?

Income averaging ~550K/year How big of a car can I purchase with my goal of early retirement in mind? I'm thinking of a model S (80-100K), BMW 5 series (~50-60K), or a Volvo XC90 (~50-60K). You make over a half million/yr, and you don't know whether you can afford a $50K car? And also, $220k in cas...
by alfaspider
Fri Jul 27, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Using Recruiters/Headhunters to find a new job?
Replies: 27
Views: 923

Re: Using Recruiters/Headhunters to find a new job?

They may be an occasionally useful tool or be used as a gatekeeper for specific roles, but I would generally advise to be wary. In many cases, a recruiter can tank a candidate's prospects. For example, when I worked on our last hire, I was instructed by HR that we could not consider anybody referred...
by alfaspider
Thu Jul 26, 2018 1:58 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9264

Re: Toughest Purchase of my Life. Engagement Ring time

My understanding is you should spend two months salary on an engagement ring. That would be $11,666 on a $70k salary. Coincidentally pretty close to your first years $12k deduction. :D Your "understanding" is based on a diamond industry marketing push. IMO, two months salary on a rock is insane. Th...
by alfaspider
Thu Jul 26, 2018 1:42 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9264

Re: Toughest Purchase of my Life. Engagement Ring time

I've spent many months on Blue Nile and I can't push myself to pull the trigger on an engagement ring. :| Although I'm sure my girl would be extremely happy. To me, it's a complete waste of money. How can I get over this? The current ring I'm looking at 1.1 Carat, round diamond, color I, VS2, Perfe...
by alfaspider
Thu Jul 26, 2018 8:03 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 346
Views: 22331

Re: Invest in Tesla?

TSLA is valued as a tech business, not car business. Any comps with a car business like Ford or GM or Toyota alike is simply absurd. Yes, they currently produce cars but their main business is renewable energy and total domination in AI- based means of transportation. Again, please don’t insult Tes...
by alfaspider
Wed Jul 25, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: Peak Oil, Reloaded?
Replies: 45
Views: 3750

Re: Peak Oil, Reloaded?

Over a period of years, shale can ease supply deficits, but won't necessarily be able to respond quickly enough to offset conventional declines or a sudden supply shock caused by geopolitical events. Sudden supply shocks I agree. You lose Iran or Venezuela from world oil supplies, and there's going...
by alfaspider
Wed Jul 25, 2018 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Precious Metals ETF
Replies: 11
Views: 694

Re: Precious Metals ETF

If you run portfolio visualizer with gold instead of bonds in an 80/20 allocation, the result is fairly similar, although bonds win over most time horizons and the portfolio with gold is a bit more volatile. Personally, I don't see it as worth messing with. Some people hold a small amount of physica...