Search found 1329 matches

by BogleMelon
Fri Jul 20, 2018 9:16 pm
Forum: Personal Consumer Issues
Topic: JFK Traverlers: How to go from NJ to JFK and the opposite?
Replies: 34
Views: 1216

Re: JFK Traverlers: How to go from NJ to JFK and the opposite?

livesoft wrote:
Fri Jul 20, 2018 5:26 pm
Whatever happens, I will look forward to what the OP actually did, so I hope they report back after they get all the way home from their trip.
The trip is still over one month ahead. But I promise I will come back and post what I did
by BogleMelon
Fri Jul 20, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: JFK Traverlers: How to go from NJ to JFK and the opposite?
Replies: 34
Views: 1216

Re: JFK Traverlers: How to go from NJ to JFK and the opposite?

Never fly out of JFK if at all possible. EWR > LGA > JFK for a Jersey traveler. Why you are saying so? The reason we chose JFK is that it saved us around $500 for the 2 tickets over EWR. It costs 4x to go to JFK vs Newark from NJ. Say its a $40 Uber to EWR. It's going to be $160 to JFK. Now you're ...
by BogleMelon
Fri Jul 20, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: Fake IRS calls - anybody care?
Replies: 59
Views: 2664

Re: Fake IRS calls - anybody care?

whodidntante wrote:
Thu Jul 19, 2018 9:55 pm
I would personally enjoy wasting their time and causing them frustration.
+1
I don't know why they dont call me. I want one of these calls please! :mrgreen:
by BogleMelon
Fri Jul 20, 2018 8:02 am
Forum: Personal Consumer Issues
Topic: JFK Traverlers: How to go from NJ to JFK and the opposite?
Replies: 34
Views: 1216

Re: JFK Traverlers: How to go from NJ to JFK and the opposite?

1) Learn to pack lighter. I'm able to go for a month with a larger sized backpack. My computer fits in it. It sounds like you're bringing everything but the kitchen sink. Every place in the world has laundry service. I do it myself every 3 days, so I have 2 days worth of clothes with me, including ...
by BogleMelon
Fri Jul 20, 2018 7:59 am
Forum: Personal Consumer Issues
Topic: JFK Traverlers: How to go from NJ to JFK and the opposite?
Replies: 34
Views: 1216

Re: JFK Traverlers: How to go from NJ to JFK and the opposite?

FootballFan5548 wrote:
Fri Jul 20, 2018 7:56 am
Where in NJ?
Central Jersey area
by BogleMelon
Fri Jul 20, 2018 7:27 am
Forum: Personal Consumer Issues
Topic: JFK Traverlers: How to go from NJ to JFK and the opposite?
Replies: 34
Views: 1216

Re: JFK Traverlers: How to go from NJ to JFK and the opposite?

Jags4186 wrote:
Fri Jul 20, 2018 7:24 am


Never fly out of JFK if at all possible. EWR > LGA > JFK for a Jersey traveler.
Why you are saying so? The reason we chose JFK is that it saved us around $500 for the 2 tickets over EWR.
by BogleMelon
Fri Jul 20, 2018 7:10 am
Forum: Personal Consumer Issues
Topic: JFK Traverlers: How to go from NJ to JFK and the opposite?
Replies: 34
Views: 1216

JFK Traverlers: How to go from NJ to JFK and the opposite?

Hi, 2 adults, 3 or 4 checked bags, 2 carry-ons plus personal items (laptop, cellphones..etc) are traveling internationally (for 2 weeks) from JFK. We live in NJ (2 hours away driving). Need your advice on the best economic way (with the least stress) to go back and forth to the airport. Here are som...
by BogleMelon
Wed Jul 18, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 107
Views: 10071

Re: Salary vs. Lifestyle

I was wondering if others out here have grappled with the "take the pain now, and enjoy more life's later" argument? I take the "pain" now every day, in order for a better life later. I drive a 2009 car today while I am able to upgrade, but I retire early I live on a budget, while saving almost 30%...
by BogleMelon
Mon Jul 16, 2018 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Planning to invest, but where?
Replies: 4
Views: 343

Re: Planning to invest, but where?

1- Consider backdoor Roth.
2- Taxable Brokerage account after maxing out any tax advantage account for you and your wife.

Good luck!
by BogleMelon
Mon Jul 16, 2018 8:19 am
Forum: Personal Consumer Issues
Topic: Did I get ripoff by this car mechanic?
Replies: 37
Views: 3635

Re: Did I get ripoff by this car mechanic?

RickBoglehead wrote:
Mon Jul 16, 2018 6:42 am

Hooking up the computer to read codes is an hour of labor.
Isn't that free at Autozone? also the reader is $15 on Amazon! But yes, I understand that the OP chose a mechanic to that job so he has to pay for it..
by BogleMelon
Fri Jul 13, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Know Your Investor Personality
Replies: 26
Views: 2606

Re: Larry Swedroe: Know Your Investor Personality

http://www.etf.com/sections/index-investor-corner/swedroe-know-your-investor-personality?nopaging=1 Dave Conservative Investors Mental accounting: Treating different pockets of assets differently, they tend to use a “bucket” approach instead of evaluating the portfolio as a whole. Mental accounting...
by BogleMelon
Wed Jul 11, 2018 8:31 pm
Forum: Investing - Theory, News & General
Topic: Dow 40000 prediction for 2025
Replies: 44
Views: 3876

Re: Dow 40000 prediction for 2025

JoeRetire wrote:
Wed Jul 11, 2018 2:15 pm
BogleMelon wrote:
Wed Jul 11, 2018 12:06 pm
Anything with higher than 0% chance of occurrence has a real probability.
I assume you meant "very real probability".

Anything can happen, but invest anyway. Maybe we can agree on that part.
Absolutely! :beer
by BogleMelon
Wed Jul 11, 2018 12:06 pm
Forum: Investing - Theory, News & General
Topic: Dow 40000 prediction for 2025
Replies: 44
Views: 3876

Re: Dow 40000 prediction for 2025

Why? Do you not commute to your work because there is a risk of being killed in a road crash? I do not commute to work... because I am retired. OP seemed wanted to invest based on the promise that the future will always be brighter. I wanted to emphases that no, future could be anywhere from full b...
by BogleMelon
Wed Jul 11, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Whole Life - We're doing it. What to look for?
Replies: 128
Views: 7497

Re: Whole Life - We're doing it. What to look for?

1- Insurance is a tax for being poor. That's not a fair statement. Many people maintain insurance for the security and peace of mind it provides, regardless of financial status. For example, even though I have no need for comprehensive coverage of my vehicles, I still pay for it as it provides peac...
by BogleMelon
Wed Jul 11, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: Dow 40000 prediction for 2025
Replies: 44
Views: 3876

Re: Dow 40000 prediction for 2025

There is always risk. Real risk. A risk of a market crash that won't recover even after 60 years! A risk of world wars with nuclear weapons between countries. A risk of communism taking over, or the capitalism, as we know it, comes to an end. Wow. You forgot the risk of an alien plague wiping out 9...
by BogleMelon
Tue Jul 10, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: Dow 40000 prediction for 2025
Replies: 44
Views: 3876

Re: Dow 40000 prediction for 2025

Should anybody make any investment decisions based on such long range predictions ? No. There is always risk. Real risk. A risk of a market crash that won't recover even after 60 years! A risk of world wars with nuclear weapons between countries. A risk of communism taking over, or the capitalism, ...
by BogleMelon
Tue Jul 10, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Whole Life - We're doing it. What to look for?
Replies: 128
Views: 7497

Re: Whole Life - We're doing it. What to look for?

Whole life is a crab product. Nothing you can look for to make it a good product. It is like asking, what ingredient to look for to buy a healthy donut! Any recommendations for insurance that include the following three things: 1. Life-long coverage. 2. Does not require a medical examination. 3. Is...
by BogleMelon
Mon Jul 09, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Whole Life - We're doing it. What to look for?
Replies: 128
Views: 7497

Re: Whole Life - We're doing it. What to look for?

Whole life is a crab product. Nothing you can look for to make it a good product. It is like asking, what ingredient to look for to buy a healthy donut!
by BogleMelon
Tue Jul 03, 2018 6:00 pm
Forum: Personal Consumer Issues
Topic: Airline App leaking passengers data!
Replies: 5
Views: 774

Re: Airline App leaking passengers data!

I congradulate you on having the thoughtfullness and concern to immediately post what you found in the review of the app in the Google playstore. The best way to get a company to shape-up is to make other customers aware of the problems and the actions you took were exemplery. Thank you! Yes, I for...
by BogleMelon
Tue Jul 03, 2018 5:36 pm
Forum: Personal Consumer Issues
Topic: Airline App leaking passengers data!
Replies: 5
Views: 774

Airline App leaking passengers data!

Hi, Just installed Etihad Airways app as I have an upcoming flight in about 2 months. I added my booking reference to have my flight saved, had a change occurred to the date or time. Suddenly I was then able to see another passenger info including his passport details and his flight which is arrivin...
by BogleMelon
Mon Jul 02, 2018 3:20 pm
Forum: Personal Consumer Issues
Topic: Charles: W9 to report citizenship!
Replies: 10
Views: 788

Re: Charles: W9 to report citizenship!

ResearchMed wrote:
Mon Jul 02, 2018 3:18 pm
(and something very important - congratuations! :happy )
Indeed it is! :happy Thank you!!
by BogleMelon
Mon Jul 02, 2018 2:21 pm
Forum: Personal Consumer Issues
Topic: Charles: W9 to report citizenship!
Replies: 10
Views: 788

Re: Charles: W9 to report citizenship!

Congratulations! I fill out a W9 almost every year for something or other, so I don't worry about it. Thank you livesoft! Would you please elaborate on what reason(s) exactly IRS created/use the W9 for? My understanding is that it is the equivalent tax form for W4 but for those who are self employed
by BogleMelon
Mon Jul 02, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: Charles: W9 to report citizenship!
Replies: 10
Views: 788

Charles: W9 to report citizenship!

Hi, I recently became a US citizens after being a green card holder for almost half a decade. I remember whenever I was opening a bank/investing accounts I was being asked about my status in the country which I answered "Permanent legal resident" at that time. Now that this status changed, I thought...
by BogleMelon
Mon Jul 02, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 234
Views: 41419

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Does anyone keep their emergency fund in this fund? I currently have my emergency fund at Capital One MM (1.6%). Even the federal MM at VG has a higher rate. I know I would lose FDIC, but maybe the move to get 2.0% and easier access to muni funds and treasuries would be worth it? Or should I stick ...
by BogleMelon
Fri Jun 29, 2018 9:54 pm
Forum: Personal Consumer Issues
Topic: What is a good travel website these days?
Replies: 12
Views: 1649

What is a good travel website these days?

I am looking to book an international flight soon. I checked various travel sites in addition to airline sites as well and prices for my destination is almost the same per every airline, no matter what the agent is. I don't want to book through the airline directly since I could be charged 3% fees b...
by BogleMelon
Fri Jun 29, 2018 3:26 pm
Forum: Investing - Theory, News & General
Topic: Is there a way to avoid bad companies in S&P 500?
Replies: 92
Views: 4582

Re: Why would creating an intelligent S&P 475 be so difficult to do?

Because no one can predict the future. The future didn't happen yet, you can't analyse something that haven't token place!
by BogleMelon
Wed Jun 27, 2018 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Lost out on promotion
Replies: 104
Views: 10362

Re: Lost out on promotion

The way I think of work: - I sell my time and effort - The buyer (employer) paid for that - Promotion means more time and effort the buyer will get, unfavorable. - Raise means more money the seller (me) will get, favorable. - Promotion with raise usually favorable, because of the pay, not because of...
by BogleMelon
Tue Jun 26, 2018 12:26 pm
Forum: Investing - Theory, News & General
Topic: Is there a way to avoid bad companies in S&P 500?
Replies: 92
Views: 4582

Re: Is there a way to avoid bad companies in S&P 500?

HomerJ wrote:
Tue Jun 26, 2018 11:58 am
vu8 wrote:
Tue Jun 26, 2018 9:06 am
Most of the S&P 500 companies disappear or change in 50 years. Is there a way to filter out terrible companies? Because if you buy the haystack, there has to be a few bad eggs out there.
Apple was once considered a bad company.
+1

Was about to say the same!
by BogleMelon
Tue Jun 26, 2018 12:22 pm
Forum: Personal Consumer Issues
Topic: Reason for Airlines horrible ticket policy
Replies: 32
Views: 2138

Re: Reason for Airlines horrible ticket policy

I think most people just want to be treated fairly and within reason.If one has to cancel a flight a couple of months before the actual flight,there is is no good reason the airline cannot at a minimum,simply offer a full credit for a future flight without penalty.I do not understand how treating c...
by BogleMelon
Mon Jun 18, 2018 7:28 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11904

Re: Which boglehead rule do you break--and are ok with

I have more than a year of expenses in cash, MM fund, and I bonds. The reason i have that much of cash is that I use a bucket budgeting system (YNAB). When every dollar get assigned to only one job, you end up with too many dollars. But I am happy with that system. It allows me to spend guilt free a...
by BogleMelon
Mon Jun 18, 2018 7:20 am
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 93
Views: 8738

Re: Very confused with the current market

What's going wrong? Here is what is wrong, if you think the market is too high to buy, then everyone else thinks the same. That means the majority of people are holding cash as well waiting for a crash. That means there is a little demand now than the usual, and a higher supply of stocks than the u...
by BogleMelon
Mon Jun 18, 2018 7:07 am
Forum: Investing - Help with Personal Investments
Topic: New doctor looking for your seasoned advice on initial investments
Replies: 14
Views: 1985

Re: New doctor looking for your seasoned advice on initial investments

Someone told me i should invest half of that 20% toward retirement and half in some more high risk type of funds. As if the total stock index fund in a retirement account is not an enough high risk!! I fail to understand why people confuse between accounts and risk. You can have a retirement accoun...
by BogleMelon
Wed Jun 13, 2018 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Fund college tuition through 529 plan or Indexed Universal Life (IUL)
Replies: 32
Views: 1607

Re: Fund college tuition through 529 plan or Indexed Universal Life (IUL)

#1 was debunked here: Myth # 6 Whole Life Is A Great Way To Save On Taxes Whole life isn’t the best way to lower your investment tax bill, retirement accounts are. Many agents like to tout the tax benefits of whole life insurance, often comparing it to a 401K or a Roth IRA. The cash value does grow ...
by BogleMelon
Tue Jun 12, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Boring Job
Replies: 64
Views: 7368

Re: Boring Job

There is only so much I can do since I am new to the field and my tasks are scheduled throughout the day for longer periods of time then it takes me so I can't tell my boss that I finished something early or else it looks bad Not just it is more of being honest to tell your boss that you have more ...
by BogleMelon
Fri Jun 08, 2018 10:59 pm
Forum: Investing - Theory, News & General
Topic: VMMXX (Vanguard Prime MM) risks
Replies: 71
Views: 7725

Re: VMMXX (Vanguard Prime MM) risks

Maybe not exactly bond funds but not also all treasuries either as the previous comment seem to indicate. The "previous comment" didn't claim it is "all" treasuries. The "previous comment" indicated: VMMXX is tied to the treasury and interest rate market The "previous comment" believe that the amou...
by BogleMelon
Fri Jun 08, 2018 3:31 pm
Forum: Investing - Theory, News & General
Topic: VMMXX (Vanguard Prime MM) risks
Replies: 71
Views: 7725

Re: VMMXX (Vanguard Prime MM) risks

FYI From Vanguard Prospectus "You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. " :happy With VMMXX paying out approximately 1.91% with risk and CIT bank paying 1.85% with no risk fo...
by BogleMelon
Fri Jun 08, 2018 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: FIREcalc vs Delayed SS
Replies: 16
Views: 759

Re: FIREcalc vs Delayed SS

It's probably the bad sequence of returns in the first 3-5 years biting you. Run it again with an additional $500k of portfolio size and the difference should be considerably less... Isn't the sequence of return risk reduced no matter what the portfolio is because I am withdrawing less from the por...
by BogleMelon
Fri Jun 08, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: VMMXX (Vanguard Prime MM) risks
Replies: 71
Views: 7725

Re: VMMXX (Vanguard Prime MM) risks

FYI From Vanguard Prospectus "You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. " :happy With VMMXX paying out approximately 1.91% with risk and CIT bank paying 1.85% with no risk fo...
by BogleMelon
Fri Jun 08, 2018 11:30 am
Forum: Investing - Theory, News & General
Topic: VMMXX (Vanguard Prime MM) risks
Replies: 71
Views: 7725

Re: VMMXX (Vanguard Prime MM) risks

1- I think it is pretty safe, the only risk I learned that it could have somekind of freeze in a really bad crash. Never happened before to this fund though. 2- You pay taxes annually on the returns (dividends) the fund distributing 3- Yes, CIT FDIC MM account (it is not a MM fund) is risk free. htt...
by BogleMelon
Thu Jun 07, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: Found an FSBO home for sale. How to avoid Realtor?
Replies: 42
Views: 3538

Re: Found an FSBO home for sale. How to avoid Realtor?

+1 to a lawyer -1 to a salesman (AKA realtor) The first earned a 4 years degree in a complicated field, and will add value. The second is only as good as finding the right home. If the OP already found it or can find it himself then no need to have a realtor. realtors don't get any complicated studi...
by BogleMelon
Wed Jun 06, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: F.O.B.O.: Fear of Better Options (NYTimes)
Replies: 4
Views: 1148

Re: F.O.B.O.: Fear of Better Options (NYTimes)

Thanks for sharing this interesting concept/article. Analysis paralysis is something I personally find myself have to overcome. Sometimes I succeed sometimes I don't and even miss out good deals because I wanted the "perfect deal for the perfect product"
by BogleMelon
Tue Jun 05, 2018 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Do you change your AA in discrete chunks or gradually?
Replies: 20
Views: 1422

Re: Do you change your AA in discrete chunks or gradually?

My targeted AA is according to my $$ balance not years or age. I rebalance with new money anyways.
by BogleMelon
Tue Jun 05, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Should we move out from that rental?
Replies: 7
Views: 531

Re: Should we move out from that rental?

Currently we are making around $110K, saving in retirement accounts around $40K, net worth $120K, age: late 30's. if you feel your safety is in jeopardy then a move would seem a need. If you can stay where you are and increase your retirement savings I would do that. I read this comment by the OP t...
by BogleMelon
Tue Jun 05, 2018 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Should we move out from that rental?
Replies: 7
Views: 531

Re: Should we move out from that rental?

Currently we are making around $110K, saving in retirement accounts around $40K, net worth $120K, age: late 30's. if you feel your safety is in jeopardy then a move would seem a need. If you can stay where you are and increase your retirement savings I would do that. I read this comment by the OP t...
by BogleMelon
Tue Jun 05, 2018 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Should we move out from that rental?
Replies: 7
Views: 531

Should we move out from that rental?

We live in NJ where homes are expensive to buy and rent. Luckily when we were considered moderate income, we were eligible to a program that allowed us to rent a 2 bedroom/1 bath apartment (we have no kids) at a very reasonable rent (A bit over $1200/mo). The complex has a pool, Gym, and nice ground...
by BogleMelon
Tue Jun 05, 2018 12:37 pm
Forum: Investing - Theory, News & General
Topic: vanguard fund that is the safest fund that is most likely to just keep up with inflation
Replies: 18
Views: 2554

Re: vanguard fund that is the safest fund that is most likely to just keep up with inflation

just keep up with inflation. How about I bonds? Maybe? Does vanguard sell an I bond fund? I'm looking for something that I can sell w/o penalty at anytime. No, the only way to buy them is through TD directly: https://www.treasurydirect.gov/ If you want to avoid the interest penalty, then you want t...
by BogleMelon
Mon Jun 04, 2018 11:20 am
Forum: Investing - Theory, News & General
Topic: Dilemma: what if companies stopped going public?
Replies: 27
Views: 2794

Re: Dilemma: what if companies stopped going public?

My 2 cents, as long as the market economy exists, the need to go public will never go away. However, I see the end of capitalism itself is one of the real risks we investors willingly take when we choose to invest. I believe in capitalist market. But I have no idea what tomorrow's legislators may br...
by BogleMelon
Sun Jun 03, 2018 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: Should I put some money aside in money market for market correction
Replies: 94
Views: 6920

Re: Should I put some money aside in money market for market correction

OP, Your feeling is right. The market will crash, and it will crash big. The problem is it can go up 200% more then it crashes 80% from that point which will still make it higher than today. Or it can crash tomorrow by 90% from Friday prices. Or anything in between! No one knows nothing. Some good s...