Search found 676 matches

by Loik098
Tue May 05, 2020 12:32 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime Membership Question [Considering to drop membership]
Replies: 136
Views: 9618

Re: Amazon Prime Membership Question

Amazon's public position is that they are prioritizing food and medicine and other pandemic essentials. I agree: it's their public position. But, it's interesting that I haven't been able to order food, medicine, or many essentials on their website over the past few weeks because there are no deliv...
by Loik098
Mon May 04, 2020 7:33 pm
Forum: Personal Consumer Issues
Topic: Spending advice for younger kids?
Replies: 13
Views: 1325

Re: Spending advice for younger kids?

What do you encourage your younger kids (say 7-12) to spend money on? The oldest is 6, and for him, he gets to spend money on old things he can restore, such as old Tonka/Nylint trucks, or old tools he finds. He gets to fix them up with his Dad (drill out rivets, sandblast, etc), takes pride in doi...
by Loik098
Tue Apr 07, 2020 8:43 pm
Forum: Personal Investments
Topic: Dumping small value?
Replies: 107
Views: 8747

Re: Dumping small value?

My issue is, I find it hard to fathom in a crisis like this and a near depression most likely to follow (which will then be followed with more outbreaks and additional quarantines for next two years if one reads the projections) that the weakest smallest companies will survive and then somehow brea...
by Loik098
Sat Apr 04, 2020 9:41 am
Forum: Personal Consumer Issues
Topic: GOOD RX...What Is It?
Replies: 37
Views: 2953

Re: GOOD RX...What Is It?

Always ask a medication's price without insurance. Some meds are much cheaper without insurance. Sorry, but this just isn't true. An insurance copay can never be higher than the cash price of the drug. Yes, it is true. I have a $20 co-pay for generics and there are dozens if not hundreds of drugs w...
by Loik098
Sat Apr 04, 2020 9:01 am
Forum: Personal Consumer Issues
Topic: GOOD RX...What Is It?
Replies: 37
Views: 2953

Re: GOOD RX...What Is It?

Always ask a medication's price without insurance. Some meds are much cheaper without insurance. Sorry, but this just isn't true. An insurance copay can never be higher than the cash price of the drug. Yes, it is true. I have a $20 co-pay for generics and there are dozens if not hundreds of drugs w...
by Loik098
Sat Apr 04, 2020 2:47 am
Forum: Personal Consumer Issues
Topic: GOOD RX...What Is It?
Replies: 37
Views: 2953

Re: GOOD RX...What Is It?

Always ask a medication's price without insurance. Some meds are much cheaper without insurance. Sorry, but this just isn't true. An insurance copay can never be higher than the cash price of the drug. I hear Walmart is just as good as Costco. It depends on the drug. We are higher than Costco on so...
by Loik098
Mon Mar 30, 2020 9:36 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 56705

Re: How to get Toilet Paper ? seriously.

Do you use a pharmacy near you regularly, and do they know you well? We've had a few of our favorite customers mention toilet paper concerns, so when we see it suddenly appear in carts, that's our cue to go back and grab a few rolls, then call these customers to have them come in to purchase. Not fo...
by Loik098
Fri Mar 27, 2020 12:19 am
Forum: Personal Investments
Topic: When to jump back in?
Replies: 48
Views: 5008

Re: When to jump back in?

I think this forum gets trolled a lot. +1. OP makes one post, never responds again, and yet people keep feeding knowledge. Why? C'mon, Bogleheads, we're better than this. Too many of these types of posts lately. Save your helpful spirit for young people who actually want to learn, not just post or ...
by Loik098
Thu Mar 26, 2020 12:03 am
Forum: Personal Investments
Topic: What Individual stocks are you buying?
Replies: 123
Views: 9660

Re: What Individual stocks are you buying?

If several other people here list the same stocks as you (travel/airlines/real estate), is that an indicator to you that you should also buy, or that you shouldn't? If you see a stock listed here that you haven't seen mentioned anywhere else recently, is that an indicator to you that perhaps that pe...
by Loik098
Wed Mar 25, 2020 11:10 pm
Forum: Personal Investments
Topic: Dumping small value?
Replies: 107
Views: 8747

Re: Dumping small value?

My issue is, I find it hard to fathom in a crisis like this and a near depression most likely to follow (which will then be followed with more outbreaks and additional quarantines for next two years if one reads the projections) that the weakest smallest companies will survive and then somehow brea...
by Loik098
Sat Mar 21, 2020 3:35 pm
Forum: Personal Investments
Topic: Guys I Rebalanced (Moved Monies Out Of S&P 500)
Replies: 301
Views: 18171

Re: Guys I Rebalanced (Moved Monies Out Of S&P 500)

- Or, do I just move the equities to the side for a couple of months, then get back in, and keep riding it up as I still have 25 years? Since you don't seem to be interested in theory, here's some FACTS to aid you in your "getting back in": https://www.businessinsider.com/cost-of-missing-10-best-da...
by Loik098
Thu Mar 19, 2020 12:16 am
Forum: Personal Investments
Topic: Unprepared for Potential Great Depression Part 2
Replies: 245
Views: 24081

Re: Unprepared for Potential Great Depression Part 2

"The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge."

https://us.spindices.com/spiva/#/reports
by Loik098
Mon Mar 16, 2020 3:44 pm
Forum: Personal Investments
Topic: Buying Silver for apocalypse
Replies: 63
Views: 3290

Re: Buying Silver for apocalypse

Buy guns, ammo, medicine, machetes, shoes, other clothing, and alcohol , will be worth more than metal disks when the economy collapses. +1. At least you can use the alcohol when you later discover how useless it was to rush out and buy silver. I also highly recommend going out and getting yourself...
by Loik098
Sun Mar 15, 2020 8:57 pm
Forum: Personal Investments
Topic: A message to young/new Bogleheads that are freaking out
Replies: 17
Views: 3350

Re: A message to young/new Bogleheads that are freaking out

elliott1234 wrote:
Sun Mar 15, 2020 3:54 pm
I finally joined the Boglehead cult fully and since then have been investing using a 3 fund strategy at a 95/5 allocation.
Thank you for your inspiring story, and for taking the time to share it with the rest of us.

I'm curious, what made you elect to go with a 95/5 allocation?
by Loik098
Sun Mar 15, 2020 10:05 am
Forum: Personal Investments
Topic: student loan interest frozen- invest or pay off loans?
Replies: 19
Views: 878

Re: student loan interest frozen- invest or pay off loans?

In my opinion, a far more effective use of your time than worrying about a temporary interest rate freeze at almost 7% (!!!) would be to look at refinance options, if you're comfortable/able to do this.
by Loik098
Sat Mar 14, 2020 1:03 pm
Forum: Personal Investments
Topic: Rebalancing: when does the sale occur?
Replies: 8
Views: 350

Re: Rebalancing: when does the sale occur?

rkhusky wrote:
Sat Mar 14, 2020 12:54 pm
Mutual fund transactions occur after market close - usually 4 pm eastern time. 401k’s the same.

ETF transactions happen during the day.
Thank you very much! Have a great day.
by Loik098
Sat Mar 14, 2020 12:50 pm
Forum: Personal Investments
Topic: Rebalancing: when does the sale occur?
Replies: 8
Views: 350

Rebalancing: when does the sale occur?

Hello friends! My wife and I both hit a 5% band within our 401k last week, and decided to rebalance around 10pm Thursday evening, by selling bonds and buying more stocks. What I can't figure out is when that sale "hit the market" on Friday. Is there a "general rule" here about when sales are execute...
by Loik098
Fri Mar 13, 2020 1:12 am
Forum: Personal Investments
Topic: Who is staying course and how are you dealing with net worth going down?
Replies: 359
Views: 26484

Re: Who is staying course and how are you dealing with net worth going down?

Everyone here is wrong. We could see this coming and it was obvious. If you see a tidal wave coming before the “intelligent” market does. Then market timing makes sense. Market timing is smart with an obvious black swan. And wow what a black swan. This was one off and do nothing was wrong here. You...
by Loik098
Tue Mar 10, 2020 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Difficulty getting quotes from landscapers
Replies: 14
Views: 1401

Re: Difficulty getting quotes from landscapers

It's usually the contractor thinks the person will be difficult to work with, the job is not enjoyable, the job is low margin, or it's a one off job. My brother owns a landscape company. He doesn't need business from difficult people. He doesn't need one off jobs. He has plenty of work. He can be s...
by Loik098
Sun Mar 08, 2020 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing when it's NOT your "forever" house
Replies: 29
Views: 2184

Re: Refinancing when it's NOT your "forever" house

Go for a zero cost refi at 30 years with the lowest rate you can find. As long as you are reducing the interest rate you come out ahead as long as you make the same total payment as your current mortgage. This way would not reset the mortgage clock. +1. Op, DO NOT pay points if you do not plan to s...
by Loik098
Mon Mar 02, 2020 2:29 am
Forum: Personal Consumer Issues
Topic: How much would you pay babysitter/nanny?
Replies: 18
Views: 1545

Re: How much would you pay babysitter/nanny?

Thanks. We already have someone, but they don't have a rate they charge so we are trying to figure out how much to fairly pay them. Why not ask them what rate they want to be paid? Then go a bit higher than that (one day/week + 3 kids = a big ask). If their asking rate is outrageous, you'll need to...
by Loik098
Mon Mar 02, 2020 2:24 am
Forum: Personal Consumer Issues
Topic: Question on New Fence Etiquette
Replies: 29
Views: 2932

Re: Question on New Fence Etiquette

3) Do you know why your neighbors also have a fence? If not, your first introduction might be a good time to ascertain whether they also have dogs. I've heard several stories about "shared" fences between neighbors who have each have dogs not going very well. 3a) If your dog is one to make a lot of ...
by Loik098
Sat Feb 29, 2020 5:53 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1610
Views: 132278

Re: Coronavirus (Consumer Issues) How you are preparing?

We picked up some 99% isopropyl alcohol (i.e. rubbing alcohol) yesterday when we got groceries. Previously, I'd only seen 70% on store shelves and had to order 99% on Amazon. This will work just as well as hand sanitizer. We also picked up some extra bleach. For what it's worth, a high percentage a...
by Loik098
Fri Feb 21, 2020 5:40 pm
Forum: Personal Consumer Issues
Topic: Perform own oil change pros & cons?
Replies: 224
Views: 11351

Re: Perform own oil change pros & cons?

I do my own oil changes, ever since my car (since sold) broke down on a freeway the day after a trip to Jiffy Lube. That was 4 years ago. My career path: 1) Buy jack stands, jack, wheel chocks. Yes, I could use the oil sucker and do it from the top to avoid lifting the car like many here have mentio...
by Loik098
Wed Jan 15, 2020 8:31 pm
Forum: Personal Consumer Issues
Topic: Vague Sellers on eBay
Replies: 14
Views: 1487

Re: Vague Sellers on eBay

I buy and sell Legos quite a bit, including on Ebay. There's quite a few words to describe the box they come in, and I've seen them all. "NIB" can mean anything from "it's in the box" to "the box itself has no creases, dents, scratches, marks, stickers, and looks like it just came out of the factory...
by Loik098
Wed Jan 15, 2020 8:11 pm
Forum: Personal Consumer Issues
Topic: strong role model books for 8 YO girl
Replies: 53
Views: 3448

Re: strong role model books for 8 YO girl

Perfect age for the Little House on the Prairie book series.
by Loik098
Wed Jan 15, 2020 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Critique My 2019 Spending
Replies: 48
Views: 4507

Re: Critique My 2019 Spending

Two thoughts: 1) Disability insurance : yours is very cheap. I don't know your occupation, but if it's one that requires a very specific skill set, I hope that you aren't relying solely on an employer-provided disability plan....one in which they can "just-make-you-be-a-janitor-and-not-have-to-pay-y...
by Loik098
Wed Jan 15, 2020 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 501
Views: 60685

Re: What is/ was your career and would you recommend it now?

Retail pharmacist, and nope, not right now. Not unless you're one of few bright ones, with a willingness to do more than just count pills. With so many new pharmacy schools opening over the last 10-15 years, we are reaching/have reached points of saturation across the country, especially in larger m...
by Loik098
Thu Jan 09, 2020 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Customer service representative request for last name
Replies: 23
Views: 1795

Re: Customer service representative request for last name

As part of my job, I'm often asked for my name after I give information over the phone, too. Sometimes, I get asked for my last name. I don't give it. Why? The resolution to claims, problems, or whatever else the caller wants won't ever come down to "who they spoke with"....especially if money is in...
by Loik098
Fri Nov 29, 2019 2:39 pm
Forum: Personal Consumer Issues
Topic: Simple "Skype" Device for Video Chats???
Replies: 20
Views: 1471

Re: Simple "Skype" Device for Video Chats???

Completely understand if it "must be" Skype, but if you're willing to go a different FREE route, you could consider Facebook Messenger. If you're going to buy a tablet anyway, you could spend the same money on a Facebook Portal device. The Portal allows for video-calling at sometimes-faster speeds/c...
by Loik098
Sat Oct 19, 2019 5:02 pm
Forum: Personal Consumer Issues
Topic: Wallets [Do you carry a wallet?]
Replies: 102
Views: 9647

Re: Wallets

I will never, ever tie my wallet to my phone by purchasing a case/holder for the phone. You lose the phone, you lose the wallet. I'm not willing to deal with the DMV for the sake of simplicity. I've proven I'm willing to carry things in my pockets if I'm already carrying my phone in one, right? Inst...
by Loik098
Sun Oct 13, 2019 4:15 pm
Forum: Personal Consumer Issues
Topic: Should I sell or keep my 5 year old depreciated Tesla
Replies: 89
Views: 8725

Re: Should I sell or keep my 5 year old depreciated Tesla

I had wondered when these discussions would start. I believe that the majority of people I know who have bought a Tesla did so because it represents status, not necessarily because it will "save them money over the long run" or "save the environment." Of course, there are exceptions, as noted on thi...
by Loik098
Sun Sep 22, 2019 9:42 pm
Forum: Personal Consumer Issues
Topic: Time Saving Tactics: Kids Edition
Replies: 71
Views: 8886

Re: Time Saving Tactics: Kids Edition

Not trying to ruffle any feathers, but as a household with two full-time working professionals (and my wife is also a full-time student) and a 5 and 2 yr old, we've never really felt this crunch. Both the wife and I are sticklers for organization and structure, so I guess it is just second nature a...
by Loik098
Sun Sep 22, 2019 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: How do you spend money to gain time? (young family)
Replies: 155
Views: 12254

Re: How do you spend money to gain time? (young family)

Call us old-fashioned, I guess. We take a different approach: We have three kids under five, and we both work full-time. We don't hire any help out, do our own grocery shopping, our own auto maintenance, lawn maintenance, and cook almost all meals at home. Kids go to day-care full time, but that's s...
by Loik098
Fri Jul 12, 2019 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Pay student loans via cash-out refinance?
Replies: 41
Views: 2566

Re: Pay student loans via cash-out refinance?

One other point from our experience: if you can do a 15 year mortgage, you will be clear of the mortgage when the kids are in college, so it's much easier to cash flow tuition or other college expenses then. I see quite a few mentions in this thread of 15-year and 30-year timelines to pay off a ref...
by Loik098
Tue Oct 16, 2018 4:23 pm
Forum: Personal Consumer Issues
Topic: Attempted fraud against my frozen credit - Need I do more?
Replies: 9
Views: 1852

Re: Attempted fraud against my frozen credit - Need I do more?

Watty wrote:
Tue Oct 16, 2018 9:15 am
What is odd about this is that they sent this to your home address and at some other address was not used.

I would be concerned about if the fraudster was planning on stealing the new credit card from your mailbox.
OP, who's the letter addressed to? Perhaps Synchrony just screwed up?
by Loik098
Fri Oct 12, 2018 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Just Divorced -- Need Help [looking for new credit card]
Replies: 73
Views: 7666

Re: Just Divorced -- Need Help

https://www.nytimes.com/2014/12/02/upshot/the-divorce-surge-is-over-but-the-myth-lives-on.html Divorce rates peaked in the 1980s and have been falling ever since. "Of college-educated people who married in the early 2000s, only about 11 percent divorced by their seventh anniversary, the last year f...
by Loik098
Wed Oct 10, 2018 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Copy/paste from sister's Living Trust?
Replies: 18
Views: 1711

Re: Copy/paste from sister's Living Trust?

Sounds like you owe your “attorney friend” some business. The business came from OP's sister, so I think OP owes his sister a nice meal out :happy OP, proceed. Many, many folks DIY this sort of thing, and if you are comfortable in your knowledge of state laws as well as your ability to properly edi...
by Loik098
Thu Oct 04, 2018 4:01 pm
Forum: Personal Consumer Issues
Topic: Landlord wants to raise rent, but is asking if he can?
Replies: 54
Views: 5970

Re: Landlord wants to raise rent, but is asking if he can?

Last year he increased rent +2.5% due to utilities going up. Same thing this year, asking to raise rent +2.5% this year, but asking if he can. He says if we don't want to, we don't have to because he likes us. But he says utilities are going up again this year. I mean how much can utilities go up? ...
by Loik098
Mon Oct 01, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone want to share their monthly budget? Here's ours
Replies: 153
Views: 34885

Re: Anyone want to share their monthly budget? Here's ours

Our monthly budget totals about $16,500. Because the margin for error for us is slim, we keep a detailed sheet for expenses that is updated using Mint. Monthly totals are then transferred to the next year, with a small extra buffer amount granted to each non-fixed expense. All purchases that can be ...
by Loik098
Sun Sep 30, 2018 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: When the $2000 deductible bites you in the rear end!
Replies: 30
Views: 4393

Re: When the $2000 deductible bites you in the rear end!

OP, I'm sorry to hear this happened to you. I encounter this exact scenario every day on my way to work. Traffic backs up on the two-lane road I travel on at a particular stop light. There is a third, legal but long turn lane on the far right that people drive all of the way down to in order to turn...
by Loik098
Sat Sep 29, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: 0% loan to family member
Replies: 44
Views: 2975

Re: 0% loan to family member

I do have to say, if he was my brother I would confront him (just the two of you) and let him know that he's taking advantage of your parents and that it's not ok with you (if it's not). Better for me to get it off my chest than let this fester for the next 25 years. If it costs you a relationship ...
by Loik098
Thu Sep 27, 2018 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: First-time victim of credit card fraud
Replies: 48
Views: 4394

Re: First-time victim of credit card fraud

Almost every credit card issuer gives you an option to lock and unlock your account. Locking prevents any new purchases/charges from happening. For cards you rarely use (but still want to keep open), perhaps you should look into these options. Some of the options are better than others, depending on...
by Loik098
Thu Sep 27, 2018 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC to Pay off Mortgage
Replies: 36
Views: 4437

Re: HELOC to Pay off Mortgage

All that matters is the difference in loan rates. Nothing else. Highly likely the HELOC is a higher rate so this makes zero sense... Exactly. It's odd to me that OP is highly compensated, so I assume smart and good at his/her job, but can't see through this? Personally, I set the standard for "God ...
by Loik098
Tue Sep 25, 2018 3:57 pm
Forum: Personal Consumer Issues
Topic: Minimalist Lifestyle
Replies: 92
Views: 12570

Re: Minimalist Lifestyle

Einstein sort of summed it up "Everything should be made as simple as possible, but not simpler." What you have to figure out is where that simple line is for you. Minimalism isn't really a goal in life. It is a tool that might help you achieve you goals. Depending on what you want to do will direc...
by Loik098
Tue Sep 25, 2018 12:59 pm
Forum: Personal Consumer Issues
Topic: Minimalist Lifestyle
Replies: 92
Views: 12570

Re: Minimalist Lifestyle

3) As a Boglehead, I do a lot of work on my own vehicles and home. Am I to do so without tools? 4) As a Boglehead, we cook the vast majority of our family's meals at home. Am I to do so without cookware? I'm not sure any of these characteristics are 'Boglehead.' And yet, those two facets of one's f...
by Loik098
Mon Sep 24, 2018 9:57 pm
Forum: Personal Consumer Issues
Topic: When is it OK to not go through car insurance after you've been hit?
Replies: 17
Views: 2079

Re: When is it OK to not go through car insurance after you've been hit?

Never . Not even with friends, or friends of friends. Just make "no" your standard policy and avoid the drama. As a BH, if you don't trust others (or trust just a few others) to handle your money/assets, why would you do so in an accident? 1) Have a clipboard ready in your car with the info you'll ...
by Loik098
Mon Sep 24, 2018 9:23 pm
Forum: Personal Consumer Issues
Topic: Minimalist Lifestyle
Replies: 92
Views: 12570

Re: Minimalist Lifestyle

Could you live out of a suitcase if you had to? Would you even want to? No, not by that definition of minimalism. I think the group that could do this are typically single, young, have an unusual job and/or have a blog or have written a book. Even the two guys in the Netflix documentary someone men...
by Loik098
Mon Sep 24, 2018 6:30 pm
Forum: Personal Consumer Issues
Topic: Is "earn and burn" the right travel rewards strategy?
Replies: 24
Views: 2764

Re: Is "earn and burn" the right travel rewards strategy?

I agree with you: always thought most of the folks who really can "earn and burn" efficiently must be self-employed or unemployed. That's why building up stashes in multiple systems helps. (You didn't mention where your points are coming from): 1) Consider building up your points in the UR, MR, SPG,...