Search found 154 matches

by nick evets
Tue Oct 23, 2018 7:28 am
Forum: Investing - Theory, News & General
Topic: Rich, Broke or Dead: Visualizing probabilities of outcomes in early retirement
Replies: 122
Views: 14615

Re: Rich, Broke or Dead: Visualizing probabilities of outcomes in early retirement

I look at retirement funding as a journey through the desert that might take say 20 or 30 days or even slightly more.... Wouldn't your analogy be more accurate to extend it so that at the start of the trip you'd want to spend a lot of time exploring the desert, thus needing more water, and towards ...
by nick evets
Mon Oct 22, 2018 1:43 pm
Forum: Personal Consumer Issues
Topic: Car Dealer told us car was Certified, but it isnt
Replies: 64
Views: 2755

Re: Car Dealer told us car was Certified, but it isnt

I think the first step is a clear understanding if you bought a "Certified Pre-Owned" vehicle (which will typically come with an extension of the factory warranty) or not. It sounds like you didn't. In that case your recourse is limited, but I'd raise a fuss first with your salesperson, then the GM ...
by nick evets
Mon Oct 22, 2018 12:45 pm
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 125
Views: 9189

Re: PSA: Don't buy a big house

But you need two people to carry that 8 footer around the house. If you live by yourself, an 8 footer may be a challenge. If you live by yourself in a 3500+ sf house with 12' ceilings, I'm guessing you'll have worse challenges, or enough money to negate them. :) But this is a situation where I'd bu...
by nick evets
Sat Oct 20, 2018 4:49 pm
Forum: Personal Consumer Issues
Topic: Selling to CarMax if maintenance light is on?
Replies: 33
Views: 2824

Re: Selling to CarMax if maintenance lights on?

Craigslist should devour a Civic with 125k miles. Personally, I'd DIY the service, but if not comfortable get it done at the cheapest place you can find. Spend a couple hours cleaning the car - tip, start on the inside. :) Get a 3-ring bind and put all your maintenance records in it. Then sell that ...
by nick evets
Fri Oct 19, 2018 7:42 am
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 254
Views: 29540

Re: IWC Watch, any thoughts?

You assume I bought an expensive watch to impress others. I did not. No one ever noticed when I was wearing a $40,000 watch. 99.9999% of the population wouldn't know the difference between an A. Lange Sohne and a Vin Diesel watch. Not saying there aren't posers out there, but I'm not one of them. F...
by nick evets
Thu Oct 18, 2018 2:50 pm
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 254
Views: 29540

Re: IWC Watch, any thoughts?

Spending more on a watch may give you the same pleasure of admiring it's craftsmanship as sitting in a BMW and thinking the same thing. There are "watch people" just like there are "car people". I am certain there are "watch people" and "car people," and probably considerable overlap. Obsession wit...
by nick evets
Thu Oct 18, 2018 1:46 pm
Forum: Personal Consumer Issues
Topic: Car servicing
Replies: 48
Views: 3296

Re: Car servicing

I recently brought my Tundra in for service at the dealership because it needed an emissions inspection, and I had a coupon for an oil change that brought to the cost to DIY levels. (Weird how motor oil prices haven't fallen over the years). The Tundra is a pain, anyway, as it uses a cartridge-based...
by nick evets
Thu Oct 18, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: independent advisor
Replies: 21
Views: 1613

Re: independent advisor

I'm sure your advisor was fine and suggested good investments but I don't think that's the point. With investment returns being equal, it boils down to fees. What can't you buy investments that your financial planner suggested? This forum is internet advice, I absolutely agree but the majority of t...
by nick evets
Wed Oct 17, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: independent advisor
Replies: 21
Views: 1613

Re: independent advisor

Advisor just takes money and doesn't bring anything to the table. You can do this yourself and come out ahead, but yea go ahead if you need some handholding and getting charged more and charged for no reason (seeking confirmation what's already been said here). Interesting. Do you feel that the 'fr...
by nick evets
Fri Oct 12, 2018 5:35 pm
Forum: Investing - Theory, News & General
Topic: Who worries about a bear market in stocks?
Replies: 71
Views: 5696

Re: Who worries about a bear market in stocks?

For the life of me, I just don't get why somebody thinks it's a good idea to keep any more money in stocks than you are forced to based on need. Might be a good idea to figure out the difference between "need" and "want" and invest accordingly. If the returns of the market are good enough for "need...
by nick evets
Thu Oct 11, 2018 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Which market should I go for, to profit most from the correction?
Replies: 35
Views: 3039

Re: Which market should I go for, to profit most from the correction?

Nowizard wrote:
Thu Oct 11, 2018 9:49 am
These posts always seem to bring similar responses, often ones that are less than considerate of the OP who is asking a serious question.
Tim
I guess it's a "serious question." He answered himself, anyway -- but as in the song, "...but not as much as tomorrow"
by nick evets
Wed Oct 10, 2018 9:12 am
Forum: Personal Consumer Issues
Topic: Neighbors tree branch growing too close to my house
Replies: 48
Views: 3823

Re: Neighbors tree branch growing too close to my house

Where we are each homeowner is responsible for whatever is on their property - including trees. If those trees extend beyond a property line they are still responsible. Of course being courteous and having a kind conversation with neighbors to solve these problems is the best route sharing with wha...
by nick evets
Wed Oct 10, 2018 7:59 am
Forum: Investing - Theory, News & General
Topic: Argument for taking social security before 70. Comments?
Replies: 134
Views: 10197

Re: Argument for taking social security before 70. Comments?

Something I don't understand: if I use a retirement calculator such as "Firecalc" it seems advantageous to take SS earlier. For example, the usual hypothetical: 1M portfolio, 60k spend, 30 year retirement. Without any SS, the odds are ~50/50. Taking 24k in SS at age 62 changes the odds to 96.6%. But...
by nick evets
Thu Oct 04, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Total Bond Fund in 401k
Replies: 9
Views: 807

Re: Total Bond Fund in 401k

The irony is I held very few bonds until I started "educating" myself on places like this forum and got scared or wised up into buying bonds. I've been adding in the last few years and now it looks stupid.... "I had a financial advisor, and yeah he took 1/2 percent, and I was in actively managed fu...
by nick evets
Wed Oct 03, 2018 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Simplyfing a "Financial Engines" portfolio
Replies: 3
Views: 542

Re: Simplyfing a "Financial Engines" portfolio

Yup -- thx all. Cleaned up some stuff so everything is > 5% and added a total bond fund.
by nick evets
Wed Oct 03, 2018 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Simplyfing a "Financial Engines" portfolio
Replies: 3
Views: 542

Simplyfing a "Financial Engines" portfolio

All -- my work offers free "Financial Engines" planning services as part of my 401k plan. About two years ago, I allowed their algorithms to allocate my 401k based on risk (I selected 'aggressive' as bonds are held in my wife's TSP) and have been reasonably pleased with the performance. But we're ge...
by nick evets
Sat Sep 29, 2018 7:21 am
Forum: Personal Consumer Issues
Topic: Anyone hire an interior designer?
Replies: 39
Views: 3557

Re: Anyone hire an interior designer?

It's beyond me why anyone would let another person choose what their house is going to look like. Well, maybe if the other person had been Frank Lloyd Wright, and even there I would want a voice. Even if the world does not like the result, presumably the homeowner does. Well, it's not that binary. ...
by nick evets
Thu Sep 27, 2018 8:33 am
Forum: Personal Consumer Issues
Topic: cleaning lady stealing
Replies: 49
Views: 7425

Re: cleaning lady stealing

Similar situation - many years ago, a co-worker recommended a cleaning lady to my wife....Narcotics (Rx from a knee surgery) started going missing. Many tears, many denials, but we fired her and changed the locks. I can understand the issue, and am sympathetic to the addiction but I can't permit it,...
by nick evets
Tue Sep 25, 2018 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Help with AA - moving my 401k from 100% stock
Replies: 3
Views: 285

Help with AA - moving my 401k from 100% stock

Hey folks -- I'm 53 and my wife is 58. Conceivably in a couple years we'll hit our retirement targets (though this is an area of great flux and discussion between us). That part aside, I'd like to move some of my 401k into a much more conservative space, and not sure what makes sense. The AA we're c...
by nick evets
Wed Sep 19, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Does this job exist (another want-to-quit-corporate-world thread)?
Replies: 35
Views: 3724

Re: Does this job exist (another want-to-quit-corporate-world thread)?

The OP seems to want an easy job where they set their own hours, get paid well, have no boss, and kind of do what they want. Well...who wouldn't? But I'm not sure why you reached that conclusion about me, specifically. :) I'm not adverse to hard work -- far from it. I want it to be hard work I enjo...
by nick evets
Wed Sep 19, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Does this job exist (another want-to-quit-corporate-world thread)?
Replies: 35
Views: 3724

Re: Does this job exist (another want-to-quit-corporate-world thread)?

Thx all - some interesting suggestions. As I'm in management, my tech skills are a little rusty, and the whole point of leaving my current career is NOT to spend more time in front of a display, in a cubicle doing IT work, which somewhat rules-out contract work. (Though it would allow me to co-habit...
by nick evets
Sat Sep 15, 2018 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Does this job exist (another want-to-quit-corporate-world thread)?
Replies: 35
Views: 3724

Does this job exist (another want-to-quit-corporate-world thread)?

Apologies for starting a similar thread to many others, but would value some feedback specific to my situation. 1) I'm 53 with a successful career in the IT industry, but burned out. 2) My wife is 58 and has a job she loves, but it's 4.5 hours away. She commutes on weekends, works alternate weeks at...
by nick evets
Mon Aug 20, 2018 8:33 am
Forum: Personal Consumer Issues
Topic: Sheraton Kauai timeshare
Replies: 35
Views: 3894

Re: Sheraton Kauai timeshare

Years ago when we were in Hawaii, we attended a presentation -- basically if you want to do any "touristy' things, they're free with vouchers from a time-share presentation; @$100 w/out. I think it's a cruddy model, personally. You lose a 1/2 day of your vacation which is unfortunate, and I'll never...
by nick evets
Thu Aug 16, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 162
Views: 10722

Re: Take auto loan 0.9% if I can afford cash?

Well...for one thing, most of those promotional loan rates are for new cars, so there's that, if we're splitting hairs about extracting every possible dollar. Another (minor) advantage to paying cash is it's nice having the title, if you plan on reselling the vehicle, privately, before the loan term...
by nick evets
Wed Aug 08, 2018 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Have Private Reits worked for you?
Replies: 17
Views: 1075

Re: Have Private Reits worked for you?

Short version is we used a financial advisor 5 years ago, or so, and he heavily pushed non-traded REIT's. We bought into 3 of them. We were ignorant and completely blind to the 12-15% 'commission.' As we became older and wiser, we severed our relationship with our advisor and got out of 2 of the 3 R...
by nick evets
Wed Aug 01, 2018 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Rent vs Buy Beach House
Replies: 8
Views: 2156

Re: Rent vs Buy Beach House

I suspect you will spend more than $10k per year on this property. So it will be a largely lifestyle/emotional decision. A large downpayment is probably likely if you want to cashflow neutral/$10k per year cost. Well said, IMO. We own a small coastal property, and while we don't rent, have neighbor...
by nick evets
Mon Jul 30, 2018 7:03 pm
Forum: Personal Consumer Issues
Topic: selling used car with hail damage
Replies: 30
Views: 1900

Re: selling used car with hail damage

You're the expert on selling hail damaged cars now, so what can you share with the class? How did you end up pricing it compared to what you would have listed for without the hail damage? How much did it sell for compared to the listing price? How did you go about disclosing and "selling" the hail ...
by nick evets
Sun Jul 29, 2018 10:01 am
Forum: Personal Consumer Issues
Topic: selling used car with hail damage
Replies: 30
Views: 1900

Re: selling used car with hail damage

I hate to break it to you, but your car is certainly NOT "immaculately maintained" if it has 2 year old hail damage that you didn't repair. Somehow I doubt you really "hate" correcting me, but regardless I should have qualified my post with "immaculately maintained mechanically with all service rec...
by nick evets
Sun Jul 29, 2018 9:57 am
Forum: Personal Consumer Issues
Topic: Any problems with freezer "drawer" models
Replies: 40
Views: 2904

Re: Any problems with freezer "drawer" models

Great design, IMO.

Would never go back. It's a bit more efficient, having the coldest section on the bottom, and you don't lose space in the main compartment. Since you use the freezer about 10% of the time as the main fridge, it's a minor sacrifice to lean over.
by nick evets
Fri Jul 27, 2018 12:46 pm
Forum: Personal Consumer Issues
Topic: selling used car with hail damage
Replies: 30
Views: 1900

Re: selling used car with hail damage

I'm just having trouble deciding the market price should be. If the car was worth $15k at the time of damage, and I received a check for $5k ($4k less deductible). and if the market were $9k now, undamaged, I don't think a selling price of $4k is reasonable. Maybe $6k. Tricky. I've owned a car with...
by nick evets
Fri Jul 27, 2018 12:26 pm
Forum: Personal Consumer Issues
Topic: selling used car with hail damage
Replies: 30
Views: 1900

Re: selling used car with hail damage

I don't understand what the issue is: Price it high and if it doesn't sell, lower the price. Entertain all offers. It sure doesn't seem like you need to sell it anytime soon, so you have MONTHS to figure out what it will sell for by putting it out there. If I was buyer, I would low-ball you and tel...
by nick evets
Fri Jul 27, 2018 11:02 am
Forum: Personal Consumer Issues
Topic: selling used car with hail damage
Replies: 30
Views: 1900

selling used car with hail damage

Short version -- have a 6 year-old import with some hail damage from a storm a couple years ago. While it doesn't appear significant, the insurance adjuster wrote me a shockingly large check. Since I typically drive vehicles until the wheels fall off, I decided to forgo the repairs and repaint -- th...
by nick evets
Tue Jun 12, 2018 1:33 pm
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 82
Views: 5757

Re: Rowing machine motivation

If I understand correctly, OP, what you're doing is the equivalent of wanting to run, say, a 5k, but you're tearing out of your house as fast as you can, and dying at the end of the next street over. So...set a goal of time, or distance (better) on your Concept 2. 5000 meters is probably too much, f...
by nick evets
Mon Jun 04, 2018 8:25 am
Forum: Personal Consumer Issues
Topic: Would like to bounce some ideas regarding renting a home or condo
Replies: 16
Views: 1349

Re: Would like to bounce some ideas regarding renting a home or condo

Odd that the house doesn't have appliances. Would the owner help towards the cost of those? I'd just be attentive to adding up the 'other' costs of home ownership, as a renter: things such as a needing to buy a lawnmower and other outdoor equipment, blinds, rugs, etc. etc. If you foresee continuing ...
by nick evets
Tue May 22, 2018 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Have Annuity Rates Gone Up?
Replies: 15
Views: 1874

Re: Have Annuity Rates Gone Up?

Thanks! I think I see now. Basically it allows the insurance company to offer a more attractive product with a higher potential return than just x% for 25 years, or something...
by nick evets
Tue May 22, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Have Annuity Rates Gone Up?
Replies: 15
Views: 1874

Re: Have Annuity Rates Gone Up?

I confess I probably don't understand "mortality credits." This is just a way for the insurance company to continue paying those who live past the age where the original investment's return and principal has been exhausted?
by nick evets
Wed May 16, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: External Portable Hard Drive
Replies: 15
Views: 1331

Re: External Portable Hard Drive

I'd be very careful about taking a problem for which there is a simple solution and replacing the solution with a far more complex system -- especially if there's no appreciable benefit ( and actually added risk). If you have NO current backup solution, an external HDD is an excellent first step and...
by nick evets
Wed May 09, 2018 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 19683

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

Sorry to tell you, you’re incorrect. They have to tell you it was a demo, but if a title has never been issued, the vehicle is new. I’ve been in and out of the industry for 25 years. I might know how it works. Exactly. It will be titled (and financed and insured, if applicable) as new. When buying ...
by nick evets
Tue May 08, 2018 6:34 am
Forum: Personal Consumer Issues
Topic: Home Theater Stereo/Speakers
Replies: 72
Views: 5948

Re: Home Theater Stereo/Speakers

I use a Zvox unit. If your looking for stuff to reproduce gigantic explosions or sound like choppers flying over your head, look elsewhere. If you like to watch more thoughtful, cerebral kind of material, it's perfect. But what if "your[sic] looking for stuff" to reproduce thoughtful and cerebral m...
by nick evets
Mon May 07, 2018 10:22 am
Forum: Personal Consumer Issues
Topic: Home Theater Stereo/Speakers
Replies: 72
Views: 5948

Re: Home Theater Stereo/Speakers

I am surprised by the overall lack of love for surround sound systems. My wife and I watched Baby Driver (action movie) last night in 5.1 surround and it makes a big difference - it’s like watching it in a theatre. Still have the song Hocus Pocus running through my head today. I think some folks le...
by nick evets
Wed May 02, 2018 9:19 am
Forum: Personal Consumer Issues
Topic: Home Theater Stereo/Speakers
Replies: 72
Views: 5948

Re: Home Theater Stereo/Speakers

^^^ is good advice. Random thoughts: 5.1 > 3.1 > soundbar + sub > internal speaker(s) I'd encourage everyone to at least try for a decent 3.1 system -- the center-channel speaker makes a huge difference. I've seen a lot of discussion about this in the dedicated audio forums..... With new TV's havin...
by nick evets
Tue May 01, 2018 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 19683

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

We did sign the lease over the weekend and this was the explanation my husband got from the financing department... This used to crop up very occasionally when I worked at a dealership -- but that was almost 30 years ago!! But we'd process the paperwork for the sale on a Saturday (the busiest day f...
by nick evets
Tue May 01, 2018 7:24 am
Forum: Personal Consumer Issues
Topic: Home Theater Stereo/Speakers
Replies: 72
Views: 5948

Re: Home Theater Stereo/Speakers

^^^ is good advice. Random thoughts: 5.1 > 3.1 > soundbar + sub > internal speaker(s) I'd encourage everyone to at least try for a decent 3.1 system -- the center-channel speaker makes a huge difference. AV equipment has terrible resale. There are some terrific deals on high-end, used equipment if y...
by nick evets
Mon Mar 19, 2018 8:14 am
Forum: Personal Consumer Issues
Topic: Large life style creep that was completely worth it
Replies: 112
Views: 15655

Re: Large life style creep that was completely worth it

[ For boats [...] Another quote is: If it flies or floats, rent it. That is a selectively edited version of the actual quote. I won't post the actual aphorism, because this board frowns on anything not G-rated, or related to human sexuality, but I don't agree with even the abridged quote. Specifica...
by nick evets
Fri Feb 16, 2018 6:21 pm
Forum: Personal Consumer Issues
Topic: USAA 41% More For Car Insurance
Replies: 43
Views: 3334

Re: USAA 41% More For Car Insurance

This thread prompted me to go get a quote from GEICO. Once I adjusted the coverage to match what I have now, the rates were basically identical. Yup -- I've been a long time USAA member, with an immaculate driving record, and my wife is a Federal employee, also w/a clean record. We have 3 vehicles,...
by nick evets
Thu Jan 25, 2018 11:31 am
Forum: Investing - Theory, News & General
Topic: In what ways could BogleHeads be badly wrong ?
Replies: 244
Views: 25760

Re: In what ways could BogleHeads be badly wrong ?

There seems to be a clear bias against owning/picking individual stocks. Certainly, I understand the aversion and the philosophy in general, and would NOT risk my retirement savings, etc., but I also believe it's not necessarily stupid to make an intelligent and well-reasoned investment in a single ...
by nick evets
Thu Jan 18, 2018 9:44 am
Forum: Personal Consumer Issues
Topic: How do you adjust side mirrors in a car?
Replies: 61
Views: 4351

Re: How do you adjust side mirrors in a car?

I 'tune' them so that when a car disappears out of the rear-view mirror, it appears in the side mirror, then when it disappears from the side mirror, it should appear in my peripheral vision. This typically involves having them at, or almost at, the limit. A cautionary tale -- after you gain confide...
by nick evets
Tue Jan 16, 2018 10:34 am
Forum: Personal Consumer Issues
Topic: Selling one owner car. Give new owner service records?
Replies: 15
Views: 1449

Re: Selling one owner car. Give new owner service records?

In another life, when I sold cars, I remember being really impressed by one owner who had all of his service records for his trade-in in plastic sheet protectors in a 3-ring binder. I've done that since, in my own vehicles -- costs a couple bucks for the protectors, you probably already have a 3-rin...
by nick evets
Mon Jan 15, 2018 8:42 am
Forum: Personal Consumer Issues
Topic: What is the best home exercise equipment?
Replies: 151
Views: 16244

Re: What is the best home exercise equipment?

Never buy any budget or even mid-range treadmills, rowers, spin bikes or ellipticals, especially not if you are over 200 lbs. Concept 2 is the only game in town for rowers. Premium treadmills or ellipticals from Cybex or Precor are generally only meant for commercial gyms, but anything else is usel...