Search found 437 matches

by MI_bogle
Fri Mar 20, 2020 12:57 pm
Forum: Investing - Theory, News & General
Topic: Young investors, how do you feel about your 1st market crash?
Replies: 132
Views: 8902

Re: Young investors, how do you feel about your 1st market crash?

As a younger investor with young children, with a spouse working in critical care, my feelings about the crash are much different than it would have been if it was similar to the 2008 great recession. I am concerned about health of myself and spouse, and emergency fund moreso than market going down....
by MI_bogle
Mon Sep 09, 2019 8:58 am
Forum: Personal Consumer Issues
Topic: no idea - bourbon
Replies: 23
Views: 3329

Re: no idea - bourbon

If you are just cooking with it, almost anything will do. I would avoid most true bottom shelf options. Good options that are of decent to above average quality but won't break the bank are Evan Williams (black or white label) Buffalo Trace (can be hard to find in some places, very abundant in other...
by MI_bogle
Wed Aug 14, 2019 8:12 am
Forum: Investing - Theory, News & General
Topic: Treasury 2-10 year yield curve has inverted!
Replies: 116
Views: 12391

Re: Treasury 2-10 year yield curve has inverted!

samsoes wrote:
Wed Aug 14, 2019 7:44 am
samsoes wrote:
Wed Aug 14, 2019 5:59 am
Run to the hills!!!
Run for your life!!

(Apologies to Iron Maiden.)
Dang, beat me to it.

+1 to all the people saying nothing good comes of watching CNBC and similar channels
by MI_bogle
Tue Aug 13, 2019 10:43 am
Forum: Personal Investments
Topic: Life insurance, is it a good deal?
Replies: 35
Views: 1797

Re: Life insurance, is it a good deal?

She is a sitting duck. Warn her off. Bank CDs or US Treasuries. US Treasuries return is probably too low so it's difficult to recommend it. There is no free lunch. If stocks are too risky and she "does not want to lose money" she also cannot be against the low returns of CDs/Treasuries. You cannot ...
by MI_bogle
Fri Aug 09, 2019 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: NP degree worth the investment?
Replies: 62
Views: 5942

Re: NP degree worth the investment?

My initial instinct is to say yes, absolutely. But hard to say for sure without more details such as the length of time the program takes, and the expected salary once completed. Is your wife actually an RN? Or is she BSN? My admittedly minimal knowledge is that you need a BSN first before getting N...
by MI_bogle
Thu Aug 08, 2019 7:38 am
Forum: Investing - Theory, News & General
Topic: Is Inflation killing my Money Market Account?
Replies: 30
Views: 3874

Re: Is Inflation killing my Money Market Account?

Your personal rate of inflation likely differs from "the" number calculated for inflation, since you are buying a different basket of goods than the govt is using to estimate inflation. But yes, if you have money earning less than the rate of inflation, you are essentially losing money It's a diffe...
by MI_bogle
Wed Aug 07, 2019 11:21 am
Forum: Investing - Theory, News & General
Topic: Is Inflation killing my Money Market Account?
Replies: 30
Views: 3874

Re: Is Inflation killing my Money Market Account?

Your personal rate of inflation likely differs from "the" number calculated for inflation, since you are buying a different basket of goods than the govt is using to estimate inflation. But yes, if you have money earning less than the rate of inflation, you are essentially losing money It's a differ...
by MI_bogle
Tue Aug 06, 2019 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: high yield savings vs. no penalty CDs
Replies: 28
Views: 3114

Re: high yield savings vs. no penalty CDs

No penalty CD offers potential to get best of both worlds, maybe. But how much is that really earning you? Just for perspective, 70K at 2.55% APY earns 1,808 over one year, compounded daily. At 2.32% the same amount would earn 1,643 A difference of $165 before taxes I just prefer my cash to be a bit...
by MI_bogle
Tue Aug 06, 2019 9:06 am
Forum: Personal Investments
Topic: Buy During This Dip?
Replies: 99
Views: 13584

Re: Buy During This Dip?

Wiggums wrote:
Tue Aug 06, 2019 7:33 am
Beensabu wrote:
Mon Aug 05, 2019 9:31 pm
This is not the dip you're looking for.
+1
We don't serve droids... i mean market timers here
by MI_bogle
Mon Aug 05, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: A note on spending for kids
Replies: 148
Views: 12385

Re: A note on spending for kids

Throwing knives, catching flies, running fast with a ball or not are not skills that bring anything in life, subjective or objective. And when they do, there is always a much better and more efficient way to obtain the same result. I'm not sure if this is deliberately obfuscating the point of organ...
by MI_bogle
Mon Aug 05, 2019 9:15 am
Forum: Personal Investments
Topic: How do I execute my AA?
Replies: 12
Views: 698

Re: How do I execute my AA?

Since I have funds spread across a Roth IRA, 403B, and employer provided FRS Investment account, I am confused what the best way is to execute my desired AA. Is there a way to put in what you have and it tell you the breakdown of Equities (Domestic/Foreign) and Bonds? Sure. Create an excel spreadsh...
by MI_bogle
Fri Aug 02, 2019 1:05 pm
Forum: Personal Consumer Issues
Topic: Insane to buy a sports car?
Replies: 215
Views: 12834

Re: Insane to buy a sports car?

Front runners for cars: 2020 Corvette Stingray (~$80k) 2020 Porsche Boxster Spyder (~98k) Income: ~$250k/year pre tax, maxing out 401k, backdoor Roth, and ESPP at work. Life insurance: personal $100k (20k cash value) policy plus employer 2X salary benefit I I also would suggest to cancel your WHOLE...
by MI_bogle
Fri Aug 02, 2019 10:58 am
Forum: Personal Consumer Issues
Topic: 'Gas Card' for teen - best option?
Replies: 29
Views: 1582

Re: 'Gas Card' for teen - best option?

Get a credit card with a $500 limit or something and add them as an authorized user

Build credit for your teen, teach responsible use of credit, allows you to make sure nothing too crazy happens
by MI_bogle
Fri Aug 02, 2019 10:36 am
Forum: Personal Consumer Issues
Topic: Extreme Anxiety with Time/Money
Replies: 95
Views: 9725

Re: Extreme Anxiety with Time/Money

Take things one at a time. Prioritize and lower your standards a bit. Some things are urgent, others can wait. We have a house, yard, sprinkler, 3 kids, 4 cars to maintain. It doesn't end. You just get better at it and take things in stride. With a home, something is always not the way you want it....
by MI_bogle
Fri Aug 02, 2019 10:11 am
Forum: Personal Consumer Issues
Topic: Extreme Anxiety with Time/Money
Replies: 95
Views: 9725

Re: Extreme Anxiety with Time/Money

Perhaps it's an accumulation of all things and operating at a level 10 at all times I think you're on track with thinking it's because you're always operating at a high level and go-go-go It sounds like some therapy, or reading a few books on mindfulness and such might be useful 10% Happier, Full C...
by MI_bogle
Fri Aug 02, 2019 8:19 am
Forum: Personal Consumer Issues
Topic: Are all models of Toyota generally considered reliable?
Replies: 52
Views: 5613

Re: Are all models of Toyota generally considered reliable?

Would you consider a vehicle whose frame became so rusted and structurally unsafe that the NHTSA forced the manufacturer to recall vehicles and replace the frame to be reliable? Ask Toyota Tacoma owners, then. Well since you're asking me... yep love the Tacoma reliability. I had one of the frame ru...
by MI_bogle
Fri Aug 02, 2019 7:52 am
Forum: Personal Consumer Issues
Topic: Older used car with low miles or newer used car with higher miles
Replies: 37
Views: 2635

Re: Older used car with low miles or newer used car with higher miles

If you're only putting 7K miles a year on your car, I wouldn't sweat the difference between buying a car with 30 or 50K miles. It'd take you 14 years to put an additional 100K miles on your car and by that point you'll probably be wanting to buy a new one. Whether it has 130K or 150K at that point s...
by MI_bogle
Thu Aug 01, 2019 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Why won’t anyone hire me?
Replies: 156
Views: 16405

Re: Why won’t anyone hire me?

I really think you need to focus on your interview skills. Perhaps find a local group where you can practice interviewing. To be turned down 20 times following interviews tells me the issue is on that end. +1 My experience (which is obviously a sample size of 1) is that *getting* the interview is t...
by MI_bogle
Wed Jul 31, 2019 2:26 pm
Forum: Personal Consumer Issues
Topic: Beyond Meat Burger? Do you like?
Replies: 119
Views: 10272

Re: Beyond Meat Burger? Do you like?

My following of the markets had me not being able to ignore the post IPO action of BYND. Today I had the chance to try a burger and do not get it. 8 oz = $4.99, two small patties Lots of packaging, plastic tray, plastic wrap, cardboard over wrap. Seems like consumer reports could feature the packag...
by MI_bogle
Tue Jul 30, 2019 8:19 am
Forum: Personal Consumer Issues
Topic: Depreciation Curve vs Warranty
Replies: 9
Views: 474

Re: Depreciation Curve vs Warranty

My thoughts are that if you are looking at brands of cars that you expect to file a warranty claim on a vehicle less than 5 years old, you should be looking at more reliable models, or buy new You will pay a premium for a new(er) car or a warranty either way. If that is important to you and you beli...
by MI_bogle
Fri Jul 26, 2019 8:21 am
Forum: Personal Consumer Issues
Topic: Worthwhile to repair Honda Push Mower or buy new?
Replies: 28
Views: 1602

Re: Worthwhile to repair Honda Push Mower or buy new?

Personally, I'd sell it on Craigslist for 25 or 50 bucks and go buy a new one

You got your money's worth. There's someone out there with the skill and desire to buy it for cheap, fix it, and use it for a few more years. Let them deal with the hassle and get yourself a new one!
by MI_bogle
Wed Jul 24, 2019 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Feel like we are spinning our wheels (financially speaking). How far behind are we?!
Replies: 63
Views: 7089

Re: Feel like we are spinning our wheels (financially speaking). How far behind are we?!

anyway, i am curious as to how far "behind" we are from a financially healthy standpoint. some combined financial data: assets: liquid cash (savings/checking): ~$130K retirement accounts (mine): ~$100K retirement accounts (hers): $75K taxable account (mine): $10K debts : two vehicles: ~38k principl...
by MI_bogle
Mon Jul 22, 2019 8:12 am
Forum: Personal Consumer Issues
Topic: 2019 Honda Fit - Anyone experiencing horrific whistling sound when front windows open >45mph?
Replies: 35
Views: 2707

Re: 2019 Honda Fit - Anyone experiencing horrific whistling sound when front windows open >45mph?

The Fit has loud road noise to begin with, and then also you should not be driving with windows down over 45 MPH and expect to not have loud noises

Does the car have any issues when the windows are closed at high speeds? If not, I wouldn't worry about a thing
by MI_bogle
Mon Jul 22, 2019 8:07 am
Forum: Personal Consumer Issues
Topic: Whole Bean Coffee: Worth the effort?
Replies: 89
Views: 6029

Re: Whole Bean Coffee: Worth the effort?

Prepare for lots of opinions

Mine is that it's absolutely worth it. Even with a cheap $15 grinder it's loads better than ground from the store. And it's not *that* much extra effort

But YMMV
by MI_bogle
Fri Jul 12, 2019 11:01 am
Forum: Personal Consumer Issues
Topic: Interior Basement Waterproofing
Replies: 8
Views: 1015

Re: Interior Basement Waterproofing

I have no experience with the french drain, but if all estimates suggested that, I would assume it is a good choice for your situation Many houses (including mine) in my area have interior basement with the floor trenched and tiled into the sump pump (ala "BDry" system) and it works extremely well. ...
by MI_bogle
Mon Jul 08, 2019 9:09 am
Forum: Personal Investments
Topic: Vanguard LifeStrategy vs 3 fund portfolio
Replies: 10
Views: 1522

Re: Vanguard LifeStrategy vs 3 fund portfolio

I would say if you are asking the question between the 2, that you have the ability and desire to manage a 3 fund portfolio, so you should do that

I do not think there is a massive difference between the 2, assuming your 3 fund and Lifestrategy funds approximate the same AA
by MI_bogle
Tue Jul 02, 2019 11:32 am
Forum: Personal Consumer Issues
Topic: 2019 Subaru Forester Eyesight System?
Replies: 101
Views: 6451

Re: 2019 Subaru Forester Eyesight System?

I have a 2019 Outback and the only thing that I turned off was the active lane departure feature. The system was a little too aggressive for me. Likewise for my experience with Toyota's lane departure. Especially if you are driving on windy backcountry roads and cutting corners on turns when nobody...
by MI_bogle
Tue Jul 02, 2019 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Where to park $50K for highest possible return but zero risk?
Replies: 32
Views: 6879

Re: Where to park $50K for highest possible return but zero risk?

Cue all the people telling you that you have to take risk to get a return, and that zero risk does not exist

But don't overcomplicate it. FDIC insured CD with the highest rate you can find for whatever length of time you are looking for
by MI_bogle
Mon Jul 01, 2019 11:42 am
Forum: Personal Finance (Not Investing)
Topic: saving for a down payment on a home
Replies: 3
Views: 301

Re: saving for a down payment on a home

I would move it to a CD or a high yield savings account

2.5% APY on 60K is about 1500 bucks over a year.

You're losing 1000 a year, you should definitely move it

No matter where you put your money in a CD/savings account, you'll have access plenty quick to buy a house whenever you decide
by MI_bogle
Tue Jun 25, 2019 9:08 am
Forum: Personal Consumer Issues
Topic: Chrysler Pacifica - Yes or No
Replies: 29
Views: 2439

Re: Chrysler Pacifica - Yes or No

The Pacifica is pretty slick. The problem is that it's a Chrysler, which has a long history of reliability issues. The Pacifica is too new to give an idea of reliability. But apples usually don't fall too far from trees. The Pacifica sells at a significant discount to Hondas and Toyotas, and presum...
by MI_bogle
Mon Jun 24, 2019 2:26 pm
Forum: Personal Consumer Issues
Topic: Used Minivan - Recommendations?
Replies: 34
Views: 1925

Re: Used Minivan - Recommendations?

I'm biased toward Toyota so I'd say a 2015-2018 Sienna LE. Depending on years and mileage, you can expect to pay between 17 and 25K for those model years with 15 to 45K miles on em If you want to go with the Honda option, an Odyssey is in the same ballpark of price for the same constraints OP, if yo...
by MI_bogle
Fri Jun 21, 2019 9:07 am
Forum: Personal Consumer Issues
Topic: Prius vs Prius Prime (plug-in)
Replies: 78
Views: 5333

Re: Low Prius Inventory-change strategy?

It is only FWD, and a friend has an older prius and hates it in the snow belt winters, actually puts snow tires on it yearly. Thoughts appreciated. I have a newer Prius and live in the lake effect snow belt. Frankly, my experience with the new generation of Prius is that it's great in the snow with...
by MI_bogle
Thu Jun 13, 2019 12:49 pm
Forum: Personal Investments
Topic: Purchasing home with less than 20% downpayment experiences?
Replies: 52
Views: 3959

Re: Purchasing home with less than 20% downpayment experiences?

Bought a few years ago with 10% down. Wanted to buy when interest rates were rock bottom. PITI was less than rent in a place half the size... crazy rental market in my town. PMI is like 35 bucks a month. Way lower than I was fearing. I was very hesitant to not do 20% down, and hate the idea of PMI, ...
by MI_bogle
Wed Jun 12, 2019 2:01 pm
Forum: Personal Consumer Issues
Topic: Toyota Sienna tire replacement at 12k miles
Replies: 72
Views: 4966

Re: Toyota Sienna tire replacement at 12k miles

Hi everyone, Are there any Toyota Sienna owners that have had sub-optimal results with the factory run-flat tires? My wife's went to the Toyota dealership recently for an oil change and they said she needs new tires, as hers have worn thin. She only has 12,xxx miles on the car that we bought brand ...
by MI_bogle
Tue Jun 11, 2019 8:13 am
Forum: Personal Consumer Issues
Topic: 15K CAR with comfortable seats and quiet
Replies: 51
Views: 4871

Re: 15K CAR with comfortable seats and quiet

I would also advocate for: Lexus ES 300h Toyota Avalon Hybrid Camry XLE hybrid All of these would meet the the criteria, the first 2 being more quiet. Gas mileage would be good as well. +1 Corollas are great but they are loud. Lexus and Avalons are much quieter and still very reliable, by and large
by MI_bogle
Fri Jun 07, 2019 1:38 pm
Forum: Personal Consumer Issues
Topic: New Camry Questions
Replies: 101
Views: 6966

Re: New Camry Questions

Blind spot monitoring is completely useless if you adjust your mirrors properly. Most Americans are not taught the proper way to adjust mirrors...for some reason they think you should see the rear of the car in the mirror. This is not correct. If you adjust properly there will be no blind spots on ...
by MI_bogle
Fri Jun 07, 2019 8:41 am
Forum: Personal Consumer Issues
Topic: .
Replies: 10
Views: 1393

Re: Prius vs. Ioniq (Toyota vs. Hyundai)

Prius has a pretty long, mostly bulletproof history Ioniq is new for Hyundai... hard to know what the long term reliability will be. If it's even 85% of the Prius, then it'd probably be a no brainer given the cost and the styling and the lifetime battery warranty As a Prius owner, it's ugly and I do...
by MI_bogle
Wed Jun 05, 2019 9:56 am
Forum: Personal Consumer Issues
Topic: Automobile Dealer's Finances:
Replies: 5
Views: 533

Re: Automobile Dealer's Finances:

Service dept makes the bulk of money. It's basically a mechanics shop with a captured user base

Finance dept makes money, warranties

Used cars are also profitable - they lowball you on tradeins and sell for decent profit
by MI_bogle
Tue Jun 04, 2019 9:55 am
Forum: Personal Consumer Issues
Topic: Moderately Priced Hotel by Great Lakes within 3 Hours Drive of Detroit?
Replies: 18
Views: 1087

Re: Moderately Priced Hotel by Great Lakes within 3 Hours Drive of Detroit?

I'm looking for a resort or hotel in the Great Lakes area within perhaps a 3 to 3 1/2 hour drive from Detroit. Maybe can spend up to $250/night near the mid or end of August. A nice (or at least decent) pool is a must. Any suggestions? Pretty much any west michigan tourist town from St. Joe in the ...
by MI_bogle
Mon Jun 03, 2019 11:53 am
Forum: Personal Consumer Issues
Topic: Do you drive old cars for long distance travels?
Replies: 105
Views: 8403

Re: Do you drive old cars for long distance travels?

Yep. Heck for most of my driving life I haven't ever owned a car younger than 10 years or with less than 100K on the odometer. One of my vehicles is 20 years old and 196K miles and I'd drive it long distance tomorrow Just because it's old or has some miles doesn't mean it's mechanically unsound. Car...
by MI_bogle
Thu May 30, 2019 11:17 am
Forum: Personal Consumer Issues
Topic: Do I need AWD?
Replies: 14
Views: 1192

Re: Do I need AWD?

Onourway nailed it. Do you have snow tires on both your Civic and your Forester? If not, and you can get out of the driveway with the Forester on all-season tires, I would GUESS that a FWD minivan with snow tires will likely be just fine for your driveway, assuming ground clearance is not an issue. ...
by MI_bogle
Thu May 30, 2019 9:58 am
Forum: Personal Consumer Issues
Topic: Good small SUV or AWD sedan recs
Replies: 39
Views: 2281

Re: Good small SUV or AWD sedan recs

Hello fellow BHs! My dear daughter recently hit a deer and totalled her 15 yo Camry :(, but very fortunately she came thru the accident without a scratch. The Camry was a good city (Boston) car for her, as it was parked on the street, had a few dings, and wasn't a big deal if a few more came along....
by MI_bogle
Tue May 21, 2019 8:17 am
Forum: Personal Investments
Topic: Is an emergency just mental accounting?
Replies: 70
Views: 6115

Re: Is an emergency just mental accounting?

Is there any reason why someone shouldn't just revisit their risk tolerance and redirect the emergency fund to that allocation in a brokerage account? For example, a portfolio that is 80/20 with an emergency fund in a money market account becomes a 75/25 portfolio with the emergency fund fully inve...
by MI_bogle
Tue May 21, 2019 7:52 am
Forum: Personal Investments
Topic: Is an emergency just mental accounting?
Replies: 70
Views: 6115

Re: Is an emergency just mental accounting?

In the case of an emergency fund the special "money jar" is often a high-yield savings account, money market account, etc. Is there any reason why someone shouldn't just revisit their risk tolerance and redirect the emergency fund to that allocation in a brokerage account? For example, a portfolio ...
by MI_bogle
Fri May 17, 2019 9:14 am
Forum: Personal Consumer Issues
Topic: Bigger car, less economical but more safe.. Get used to smaller car over time?
Replies: 106
Views: 8242

Re: Bigger car, less economical but more safe.. Get used to smaller car over time?

I am coming out of a Equinox lease and our other family car is a minivan. Previously my cars have always been midsize sedans. Chevrolets, Mazdas, etc. My intent was and may be still to purchase a more economical commuter. I test drove a Civic, Accord, Elantra, Sonata, Camry, Mazda3, Mazda6, Corolla...
by MI_bogle
Mon May 06, 2019 11:18 am
Forum: Personal Investments
Topic: At 28, I Don't See How I Can Make Any Projections for My Retirement Amount or Age?
Replies: 83
Views: 7074

Re: At 28, I Don't See How I Can Make Any Projections for My Retirement Amount or Age?

I don't understand the value in the retirement projections / calculators for someone younger trying to project an early retirement age or estimated portfolio balance. There are so many unknown variables that could occur over the next 15, 20, 25 years. The main unknowns that can drastically affect m...
by MI_bogle
Mon May 06, 2019 8:56 am
Forum: Personal Consumer Issues
Topic: Anybody try the Blue Apron or the like?
Replies: 77
Views: 6644

Re: Anybody try the Blue Apron or the like?

Used it for the free trial twice, as several friends had it. Lots of packaging waste, which I didn't like Meals were just fine, liked the recipes and the directions. Between the cost and the packaging waste I concluded it would be much better to just try to expand cooking ideas by looking at stuff o...
by MI_bogle
Mon May 06, 2019 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Car shopping advice (sanity check)
Replies: 56
Views: 5779

Re: Car shopping advice (sanity check)

. Might as well trade the car in while it'll still net me a few thousand. thanks for all the advice Bogleheads ! Questionable reasoning aside, Could you expand? Would be nice to find flaws in my logic (always looking to improve) You are using the "trade in before it loses all value" as an excuse to...
by MI_bogle
Fri May 03, 2019 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Car shopping advice (sanity check)
Replies: 56
Views: 5779

Re: Car shopping advice (sanity check)

. Might as well trade the car in while it'll still net me a few thousand. thanks for all the advice Bogleheads ! Questionable reasoning aside, keep in mind that dealerships make a lot of money by shortchanging you the value of your trade-in It's typically much better to sell your car yourself. Not ...
by MI_bogle
Wed May 01, 2019 11:02 am
Forum: Investing - Theory, News & General
Topic: Do I live in a HCOL area?
Replies: 56
Views: 3827

Re: Do I live in a HCOL area?

vtMaps wrote:
Wed May 01, 2019 9:16 am
It's an hour's drive to the nearest traffic light in my county!

--vtMaps
I would propose "Mi Bogle's Law", which states that the likelihood you live in a LCOL increases exponentially for every 5 minutes you have to drive before you hit the closest traffic light