Search found 1919 matches

by alfaspider
Tue Jun 18, 2019 9:36 pm
Forum: Personal Consumer Issues
Topic: Subaru Ascent vs Toyota Highlander...
Replies: 28
Views: 2231

Re: Subaru Ascent vs Toyota Highlander...

Worth noting that the Highlander will be all new for 2020. Availability later this year. The current design is rather long in the tooth. The Subaru is just about to enter its second model year (2020 deliveries start next month).
by alfaspider
Tue Jun 18, 2019 9:04 am
Forum: Personal Consumer Issues
Topic: Turkish Airlines ?
Replies: 31
Views: 1857

Re: Turkish Airlines ?

I flew Turkish in business class from North America to Istanbul late last year. They seem to be a well run airline. The food is excellent (best airline food I've ever had). Service was very good as well. The business class seat is a step below the top products available (no direct aisle access, and ...
by alfaspider
Sat Jun 15, 2019 9:16 pm
Forum: Personal Consumer Issues
Topic: Mosquitos
Replies: 45
Views: 3529

Re: Mosquitos

Spraying for mosquitos will kill all the other insects, too. I've been working in a local mosquito-infested nature reserve the past week. We just wear clothes: Long pants, long-sleeve shirts, neck gaiters, hats with mosquito headnets, and thin gloves. For added protection, the clothes can be permet...
by alfaspider
Sat Jun 15, 2019 7:14 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying a supercar anyone here done this and feedback?

Just saw a BMW i8 - kinda cool and, I think, great performance from hybrid engine? The i8 doesn’t really have the performance to back up the exotic looks. However, there are some amazing hybrid supercars such as the Porsche 918 and La Ferrari (with many more coming down the pike). In fact, Formula ...
by alfaspider
Sat Jun 15, 2019 7:13 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying a supercar anyone here done this and feedback?

I’m curious for the people who regularly drive on the track: do you actually see super cars there? The one time I did a track day, it was a mix of everyday sporty cars (Miata, Mustang, WRX, GTI), some track-prepped older cars, and a few higher end but still achievable sports cars (Corvette, Porsche...
by alfaspider
Sat Jun 15, 2019 3:28 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying a supercar anyone here done this and feedback?

Just saw a BMW i8 - kinda cool and, I think, great performance from hybrid engine? The i8 doesn’t really have the performance to back up the exotic looks. However, there are some amazing hybrid supercars such as the Porsche 918 and La Ferrari (with many more coming down the pike). In fact, Formula ...
by alfaspider
Fri Jun 14, 2019 1:36 pm
Forum: Investing - Theory, News & General
Topic: How have your homes as investments done?
Replies: 213
Views: 21096

Re: How have your homes as investments done?

I've been lucky so far. Of course, we could have a 2008 repeat and it would all be out the window. Bought first house in Houston for $500k in 2013. It is likely worth somewhere around $650-700k today. It would have been still better had I bought in 2010, when it sold for $350k. Thus far, I've effect...
by alfaspider
Fri Jun 14, 2019 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 977
Views: 261525

Re: Share your story of how you got wealthy

Okay, so all that said, I actually buy the concept that marrying the right partner is one of the most important financial decisions a person can make. But maybe you -- or others here -- can given us younger gents the magic formula to find "the right partner." Regarding "younger gents" getting marri...
by alfaspider
Fri Jun 14, 2019 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 977
Views: 261525

Re: Share your networth progression

This is a neat excuse to go through the exercise. I will just go through the last 10 years with annotations for life events. All amounts are year-end household net worth estimates with full value given to 401k accounts and inclusive of estimated home equity. 2005: $5,000 (in undergraduate) 2006: $1...
by alfaspider
Thu Jun 13, 2019 1:55 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying a supercar anyone here done this and feedback?

What shows up at a meet is very location dependent and also dependent on owners of cars. My son and I were going to go to one particular caffeine and cars where a large number of owners of Paganis and Koenigseggs had commited to showing up. He had a conversation with a friend who was going to go to...
by alfaspider
Thu Jun 13, 2019 1:47 pm
Forum: Personal Consumer Issues
Topic: Retired at 35 and have no friends :(
Replies: 113
Views: 10741

Re: Retired at 35 and have no friends :(

Pick a nice day, go down to the beach, mid-day, mid-week and I'm always surprised at the number and age of people there. I'd love to take a poll and ask "What do you do that allows you to be here right now?" This is especially true when the "surf is up" - amazing to always find a crowd. Usually lot...
by alfaspider
Thu Jun 13, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Is it Wise to Remove Escrow if Bank Allows it?
Replies: 87
Views: 5439

Re: Is it Wise to Remove Escrow if Bank Allows it?

This thread did not go the direction I thought it would. When we got our mortgage, the lender asked if we wanted to handle the taxes/insurance on our own or if we wanted them to do it through escrow. I asked if there was a fee for them to do it and they said there wasn't. So I had them do it. Someo...
by alfaspider
Thu Jun 13, 2019 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Is it Wise to Remove Escrow if Bank Allows it?
Replies: 87
Views: 5439

Re: Is it Wise to Remove Escrow if Bank Allows it?

This thread did not go the direction I thought it would. When we got our mortgage, the lender asked if we wanted to handle the taxes/insurance on our own or if we wanted them to do it through escrow. I asked if there was a fee for them to do it and they said there wasn't. So I had them do it. Someo...
by alfaspider
Wed Jun 12, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: How are your 30s financially different than your late 20s?
Replies: 47
Views: 5606

Re: How are your 30s financially different than your late 20s?

I'm about to turn 30 this year and am curious what this next decade will bring. I already have a young child, a marriage, home, and career so curious if it gets much different and if there is anything financially I should prepare for. I already have a will, life and disability insurance, and have s...
by alfaspider
Wed Jun 12, 2019 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 18547

Re: Paying for rent is throwing away money...myth?

As a renter, you have to always consider that the end of the lease term may be the end of your stay at that property. Unless you are able to do a long-term lease, which are typically pretty rare, you could be facing quite a bit of disruption. Not really true for us who rent apartments (and pay our ...
by alfaspider
Tue Jun 11, 2019 4:04 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying a supercar anyone here done this and feedback?

That might be the best recommendation. Get a supercar (488 GTB would be my choice) for tooling around and looking cool. Get a track day car for fun (start at lower performance and work your way up to GT3). At that level of income, OP can afford both. Might need a bigger garage, though. *I noticed a...
by alfaspider
Tue Jun 11, 2019 10:51 am
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying a supercar anyone here done this and feedback?

OP: I want to buy a super car, have millions of dollars, etc... Bogleheads: You should buy a Miata or Subaru. :oops: To be fair, the recommendations are for OP to learn on a car that will highlight teachable moments and not cover OP's errors through software or power. Yeah, the recommendation isn't...
by alfaspider
Tue Jun 11, 2019 10:05 am
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying a supercar anyone here done this and feedback?

OP: I want to buy a super car, have millions of dollars, etc... Bogleheads: You should buy a Miata or Subaru. :oops: To be fair, the recommendations are for OP to learn on a car that will highlight teachable moments and not cover OP's errors through software or power. Yeah, the recommendation isn't...
by alfaspider
Tue Jun 11, 2019 8:59 am
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying a supercar anyone here done this and feedback?

Get a Miata or a BRZ and go to the track. Learning on a low powered car will help you build up your skills more than driving a high powered car. It’ll also be much more fun that driving a super car slow on public roads. Why would you have him do that when he currently owns an S4 (which would take t...
by alfaspider
Mon Jun 10, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: Are destinations weddings a new trend?
Replies: 8
Views: 648

Re: Are destinations weddings a new trend?

I find the concept frustrating as well, but to some extent it gets used as a practical way to limit the guest list. Lots of people say they want a small wedding, but family politics can get very tricky (especially when you often have two families to juggle). If you get married somewhere far away, a ...
by alfaspider
Mon Jun 10, 2019 3:29 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying a supercar anyone here done this and feedback?

Apologies if this is redundant... 911 GT3, pick a variant; drive, sell it on for only slightly less than you paid. If you want to go shopping...pick one of the places in Vegas where you can drive the exotics. Better to spend x000's trying them out vs x000,000's buying and deciding that you made a m...
by alfaspider
Mon Jun 10, 2019 3:26 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying a supercar anyone here done this and feedback?

Consider a Golf-R. Most fun you can have with a daily driver. And space for groceries too. Golf R has actually been criticized for being a bit sterile (at least in stock form). Civic Type R, STI, and Focus RS are more engaging in this class. Mind you, the R is very very good, it's just the softer, ...
by alfaspider
Mon Jun 10, 2019 2:33 pm
Forum: Personal Consumer Issues
Topic: Anything you wish you had spent money on when you were younger?
Replies: 71
Views: 6472

Re: Anything you wish you had spent money on when you were younger?

In retrospect, what we regret is the failure to create a better memories. So we'll wish we experienced more (travel, events, activities) and spent more time with loved ones before it was too late. Nobody regrets not buying those $300 shoes 10 years ago. On the other hand, I do occasionally regret b...
by alfaspider
Mon Jun 10, 2019 2:30 pm
Forum: Personal Consumer Issues
Topic: Anything you wish you had spent money on when you were younger?
Replies: 71
Views: 6472

Re: Anything you wish you had spent money on when you were younger?

So I know this forum is all about index investing and saving money. But is there anything you regret not spending money on? Like family vacations when your kids were younger or parents were younger/healthier? I spent quite a lot on traveling and experience and not regret one bit. But I still regret...
by alfaspider
Mon Jun 10, 2019 1:57 pm
Forum: Personal Consumer Issues
Topic: Anything you wish you had spent money on when you were younger?
Replies: 71
Views: 6472

Re: Anything you wish you had spent money on when you were younger?

Another travel lament. In college, I had an opportunity to go to China with a good friend who is Chinese. My friends who went were able to see the country in a way I could not hope to now even if I had the time for a multi-week trip. Instead, I went home for the summer to work for $10/hr :oops:
by alfaspider
Mon Jun 10, 2019 1:47 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying an exotic supercar anyone here done this and feedback?

I own a Tesla - Please don't spread rumors. What they are doing is good for us all. The constant negative narrative against one of the few companies that has a clear positive corporate mission statement is growing old. I also like what Tesla is doing, but I don't consider it a good track car. At le...
by alfaspider
Mon Jun 10, 2019 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 18547

Re: Paying for rent is throwing away money...myth?

Like other forms of equity, home ownership has higher risks and higher rewards. Your house could drop in value by 50% in five years or it could go up 50%. The most likely scenario is a modest rise in value, but that can't be guaranteed. Over the very long term, homeownership also provides inflation ...
by alfaspider
Mon Jun 10, 2019 12:34 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying an exotic supercar anyone here done this and feedback?

It's the same chassis, motor, transmission, and dampers- it's more of an option package than a different car. My point is that you can't conflate a stock OEM GT350 and GT350R when discussing lap times. They are not "nearly identical cars" in that respect. The R would be notably quicker around Nurbu...
by alfaspider
Mon Jun 10, 2019 12:32 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying an exotic supercar anyone here done this and feedback?

I own a Tesla - Please don't spread rumors. What they are doing is good for us all. The constant negative narrative against one of the few companies that has a clear positive corporate mission statement is growing old. I also like what Tesla is doing, but I don't consider it a good track car. At le...
by alfaspider
Mon Jun 10, 2019 11:06 am
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying a supercar anyone here done this and feedback?

Consider a Golf-R. Most fun you can have with a daily driver. And space for groceries too. Golf R has actually been criticized for being a bit sterile (at least in stock form). Civic Type R, STI, and Focus RS are more engaging in this class. Mind you, the R is very very good, it's just the softer, ...
by alfaspider
Mon Jun 10, 2019 11:04 am
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying an exotic supercar anyone here done this and feedback?

They are nearly identical cars. Not quite... - The R costs $8K+ more - GT350 shot from zero to 60 mph in 4.3 seconds; the R version 3.9 (Car & Driver). - the R comes standard with coolers for the engine oil, differential, and transmission fluid. - the Shelby 350R floats on carbon fiber wheels inste...
by alfaspider
Mon Jun 10, 2019 10:16 am
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying an exotic supercar anyone here done this and feedback?

A new GT350 would be quicker than an old GT for less than 1/4 the price. Lap times. GT350R did a 7:32 around the Nurburgring. Ford GT 7:52. That makes a bit more sense if you're talking about the GT350R instead of the GT350 mentioned in your initial post. They are nearly identical cars. The R is ba...
by alfaspider
Mon Jun 10, 2019 8:42 am
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying an exotic supercar anyone here done this and feedback?

A new GT350 would be quicker than an old GT for less than 1/4 the price. In what way is a new Ford Mustang GT 350 "quicker" than a first gen Ford GT? It is certainly not quicker in any way based on the performance metrics I've seen. Lap times. GT350R did a 7:32 around the Nurburgring. Ford GT 7:52....
by alfaspider
Mon Jun 10, 2019 7:57 am
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying an exotic supercar anyone here done this and feedback?

Buy whatever you want. As for whether you are worried about it as a cost, there are choices to be made. For example, buying a current Ford GT is likely to depreciate some. Buying a mid-2000's Ford GT (the better looking car, IMHO) will likely not depreciate at all. Depends what you are looking for-...
by alfaspider
Mon Jun 10, 2019 7:32 am
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 12984

Re: I'm thinking about buying an exotic supercar anyone here done this and feedback?

And yes, the model S and future roadster looks very interesting since they and hang with and the roadster will dominate even the best of traditional supercars. ......for one lap, then the motor overheats and puts the car into limp mode.... This is a problem unique to the Model S, which uses an indu...
by alfaspider
Thu Jun 06, 2019 10:37 am
Forum: Personal Consumer Issues
Topic: Company requiring salaried employees to clock in?
Replies: 92
Views: 4764

Re: Company requiring salaried employees to clock in?

1) In a true emergency, it is impossible to know who is in or out. Nobody is going to clock out if the building is on fire (nor should they). In the UK, companies are legally required to have that record, for fire and other safety reasons. Also of visitors. The firefighters and Emergency Services n...
by alfaspider
Thu Jun 06, 2019 10:33 am
Forum: Personal Consumer Issues
Topic: Company requiring salaried employees to clock in?
Replies: 92
Views: 4764

Re: Company requiring salaried employees to clock in?

Usually its the slackers who are most upset about these things - I wouldn't think it would hurt morale once folks are used to it. Management should certainly explain why the change. Someone jumped to the conclusion that pay would be docked - if salaried that won't happen. The slackers will likely j...
by alfaspider
Thu Jun 06, 2019 9:32 am
Forum: Personal Consumer Issues
Topic: Company requiring salaried employees to clock in?
Replies: 92
Views: 4764

Re: Company requiring salaried employees to clock in?

Usually its the slackers who are most upset about these things - I wouldn't think it would hurt morale once folks are used to it. Management should certainly explain why the change. Someone jumped to the conclusion that pay would be docked - if salaried that won't happen. The slackers will likely j...
by alfaspider
Thu Jun 06, 2019 8:31 am
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 36822

Re: For those who earn $500k+ per year. How'd you do that?

I see a lot of talk about top 14 law schools which I never really understood. Top 14? Pretty arbitrary. Why not top 10 or top 15? I believe it's because the top 14 law schools have been the same schools for a very long time. Lawyers get a bit weird about rankings. I know someone who went to a low r...
by alfaspider
Wed Jun 05, 2019 11:14 am
Forum: Personal Consumer Issues
Topic: Buying Burial Plot in advance
Replies: 53
Views: 2697

Re: Buying Burial Plot in advance

I can't see that as being a great idea, especially at a young age. Personal anecdote: My grandmother purchased a burial plot about 20 years ago thinking she would be saving burden on her family. Well, she was of modest means and the burial plot she could afford was right next to a busy road. It was ...
by alfaspider
Wed Jun 05, 2019 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Would you buy a house without a garage?
Replies: 95
Views: 5918

Re: Would you buy a house without a garage?

2) Don't have to go out in the elements coming/going from the house If you have an attached garage. I assume you need to go out into the elements and typically walk farther to get from your origin/destination to where your car is parked than from the garage or driveway to your entrance. Not if you ...
by alfaspider
Wed Jun 05, 2019 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Would you buy a house without a garage?
Replies: 95
Views: 5918

Re: Would you buy a house without a garage?

Just a disclaimer that I am not really normal, but the garage is the first thing I look at in a house. We passed on several houses when we were last shopping due to a non-existent or too-small garage. Reasons: 1) Preserves your cars (paint, interior, etc.) 2) Don't have to go out in the elements com...
by alfaspider
Mon Jun 03, 2019 8:51 am
Forum: Personal Finance (Not Investing)
Topic: How much life insurance do we NEED
Replies: 11
Views: 975

Re: How much life insurance do we NEED

I'm not sure you really need to follow a certain multiple of your income rule. I've not heard that rule of thumb, but I suspect it's targeted towards folks with kids and not much in the way of assets. Think about what you are really buying life insurance for: You don't have kids yet, but your assets...
by alfaspider
Mon Jun 03, 2019 8:22 am
Forum: Personal Consumer Issues
Topic: What do business pros wear on redeye Business Class flights
Replies: 50
Views: 6504

Re: What do business pros wear on redeye Business Class flights

If I'm traveling with colleagues and don't want to look like a slob, I usually do a polo shirt and slacks for boarding and the meal. After dinner, I change into pajamas (business cabins usually have a larger restroom available). I change back into the nicer clothes after breakfast. If you need to go...
by alfaspider
Wed May 22, 2019 12:37 pm
Forum: Personal Consumer Issues
Topic: Inexpensive way to gain weight
Replies: 54
Views: 2322

Re: Inexpensive way to gain weight

I don't want to reveal my weight here, but it is much less than some of you are assuming. I'm not looking to go from 155 to 215. I'm not even anywhere near 155! My parents and three grandparents are all skinny, so this is mostly genetic. My doctor mentioned offhandedly that I should probably gain s...
by alfaspider
Wed May 22, 2019 11:16 am
Forum: Personal Consumer Issues
Topic: Inexpensive way to gain weight
Replies: 54
Views: 2322

Re: Inexpensive way to gain weight

Bottom line: you need cheap calories. A common recommendation among the bodybuilding community for someone who just wants to bulk quickly/cheaply is the "GOMAD" diet (Gallon of milk a day"). That's an extra 1,500 calories or so, and not 100% empty calories (i.e. not all sugar). Few people have metab...
by alfaspider
Wed May 22, 2019 11:10 am
Forum: Personal Consumer Issues
Topic: College/life prep for young kids
Replies: 79
Views: 6237

Re: College/life prep for young kids

Keep it at a high level....What others have called the Success Sequence. Do Things in the following order: 1. Get your Education 2. Start your career 3. Get married/partnered 4. Have kids Do things in any other order creates real challenges......discuss finances within the Success Framework......If...
by alfaspider
Thu May 09, 2019 2:14 pm
Forum: Investing - Theory, News & General
Topic: What is your U.S./ex-U.S. stock allocation?
Replies: 210
Views: 10660

Re: What is your U.S./ex-U.S. stock allocation?

90/10. I'm in the camp that argues multinational companies in the S&P 500 provide sufficient international diversification. Moreover, the U.S. is such a large economy that a large downturn in the U.S. would hit any other equity market just as badly if not worse. I also don't trust the regulatory env...
by alfaspider
Thu May 09, 2019 12:57 pm
Forum: Personal Consumer Issues
Topic: College/life prep for young kids
Replies: 79
Views: 6237

Re: College/life prep for young kids

So much great advice. Something I have mentioned before, is that there is no reason to discourage kids from attending a community college. The freshman and sophomore years in a dorm tend to be very unhealthy in many ways. If you can get them through the first two years without too much damage, then...
by alfaspider
Thu May 09, 2019 7:56 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11011
Views: 1920620

Re: U.S. stocks in free fall

This is the big one i can feel it I just went 100% VIX BOOYA! 'When the Vix is high, it's time to buy. When the Vix is low, it's time to go'; couple that with sell in May and go away and there you have it. :confused tomorrow is looking very promising. trade deal is off 8-) The trade deal has been o...