Search found 426 matches

by Jimmie
Mon Jan 13, 2020 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Consultants?
Replies: 18
Views: 1527

Re: Financial Consultants?

Perhaps you have an unusual definition of the term "fiduciary"? Nope. My definition of fiduciary is a legal obligation of one party to act in the best interest of another. FA's that charge AUM and claim to be fiduciaries really don't meet that standard. What obligation do they have to ensure you ma...
by Jimmie
Sun Jan 12, 2020 12:56 pm
Forum: Personal Consumer Issues
Topic: Humidifier Installation - Using AC water line as water source
Replies: 18
Views: 1291

Re: Humidifier Installation - Using AC water line as water source

My only fear is that water line freezing during the winter, but I am hopeful that since it will be running most all winter, that the water will not be still enough to freeze, and I will insulate that line as well to keep that from happening. Consider heat tracing the pipe. Simply insulating a cold ...
by Jimmie
Sun Jan 12, 2020 12:07 pm
Forum: Personal Consumer Issues
Topic: College Reunion Destination
Replies: 49
Views: 3490

Re: College Reunion Destination

So many good suggestions so far. IMHO, you can't go wrong with almost any city in this great country, particularly if you do some research. Speaking of that, be sure to research the potential city for any special events that may complicate your visit. For example, I did work in Omaha for several mon...
by Jimmie
Sun Jan 12, 2020 11:38 am
Forum: Personal Consumer Issues
Topic: College Reunion Destination
Replies: 49
Views: 3490

Re: College Reunion Destination

All this talk about heat and mugginess. These guys are in their thirties and will be sitting around bars and breweries in shorts. :oops:

Even if the venues are outdoor patios, it's tolerable. I'd do it and I'm twice that age.
by Jimmie
Sun Jan 12, 2020 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Financial Consultants?
Replies: 18
Views: 1527

Re: Financial Consultants?

Your concerns are understandable. I wondered the same things since I handle my own investments. The confusion lies when FA's advertise as "fee only" when they may charge fees for hourly consultations AND fees for assets under management. I have read and believe that this is a conflict of interest. T...
by Jimmie
Fri Jan 10, 2020 2:33 pm
Forum: Personal Consumer Issues
Topic: Jumper cables
Replies: 83
Views: 5573

Re: Jumper cables

I agree w/ Yooper. The thicker the cables, the better. You're trying to transfer hundreds of amps of current, and this is where you need thick wire (lower gauge == better). With cheap/thin jumper cables, you can't directly jump it but instead need to leave it connected for several minutes to try an...
by Jimmie
Thu Jan 09, 2020 9:56 pm
Forum: Personal Consumer Issues
Topic: Jumper cables
Replies: 83
Views: 5573

Re: Jumper cables

I agree w/ Yooper. The thicker the cables, the better. You're trying to transfer hundreds of amps of current, and this is where you need thick wire (lower gauge == better). With cheap/thin jumper cables, you can't directly jump it but instead need to leave it connected for several minutes to try an...
by Jimmie
Tue Jan 07, 2020 10:32 pm
Forum: Personal Consumer Issues
Topic: How do YOU make coffee?
Replies: 266
Views: 17827

Re: How do YOU make coffee?

Can someone explain to me the whole K-cups thing. No offense to people who like them (like my sister), but I just don't get it. The coffee doesn't seem to be any better (to me), they are expensive, and isn't there a lot of packaging waste? Convenience. Not to mention for guests (or yourself) you ca...
by Jimmie
Sat Jan 04, 2020 1:30 pm
Forum: Investing - Theory, News & General
Topic: Now is a good time to start tracking your net worth.
Replies: 123
Views: 11543

Re: Now is a good time to start tracking your net worth.

I also joined PlanVision very recently.... so far only set up the Interactive Brokers acccount. Did you use the eMoney site available through PlanVision for tracking? I've yet to do that and just wondering if it's useful or not.... I set up just about everything so far in eMoney. You have the choic...
by Jimmie
Wed Jan 01, 2020 8:12 pm
Forum: Personal Investments
Topic: Sister wants advice since I disagreed with her financial advisers.
Replies: 141
Views: 13782

Re: Sister wants advice since I disagreed with her financial advisers.

Regarding fees, my argument with people who say: "A percentage point or two is nothing. I'm making way more that that" is done by using a mortgage analogy. Anyone with a 3.5% mortgage compared to 5.5% will save a significant amount of money over a 30 year term. Turn that around to be investment fees...
by Jimmie
Wed Jan 01, 2020 7:25 pm
Forum: Investing - Theory, News & General
Topic: Now is a good time to start tracking your net worth.
Replies: 123
Views: 11543

Re: Now is a good time to start tracking your net worth.

If you are not already tracking your net worth now is a good time to start tracking it. I have a very simple spreadsheet that I update each year on January 1st and I have been doing this for 16 years now. It only takes me about 15 minutes to enter my account balances, any debts, and estimates of th...
by Jimmie
Wed Jan 01, 2020 7:10 pm
Forum: Personal Investments
Topic: Sister wants advice since I disagreed with her financial advisers.
Replies: 141
Views: 13782

Re: Sister wants advice since I disagreed with her financial advisers.

I would argue the counter that they should keep everything at Ed Jones. The accounts are so small that the 1.25% is nothing in real dollars and she likes the advice and comfort her advisor gives her. Not everybody is a DIYer. Some people like having their own advisor to reach out to. We on BH tend ...
by Jimmie
Wed Jan 01, 2020 6:45 pm
Forum: Personal Investments
Topic: Can I retire part time? Age 36
Replies: 28
Views: 4560

Re: Can I retire part time? Age 36

Working 15-30 hours a week doesn't sound like retirement to me. I agree, that sounds like semantics. How is that different than continuing to work part time? With all these details, I never realized until just now that I am fully retired about 130 days a year and 2/3 retired all of the other days. ...
by Jimmie
Wed Jan 01, 2020 5:41 pm
Forum: Personal Investments
Topic: Can I retire part time? Age 36
Replies: 28
Views: 4560

Re: Can I retire part time? Age 36

So the real question is will a 1.3% SWR last ~50 years? I think most people would say yes (including me), yet everyone here is saying no. Playing around in FireCALC, I find that the longer the time frame, the better the chances of not dropping below zero balance. It may sound counter-intuitive, but...
by Jimmie
Wed Jan 01, 2020 4:44 pm
Forum: Personal Investments
Topic: Can I retire part time? Age 36
Replies: 28
Views: 4560

Re: Can I retire part time? Age 36

Semantics.. work part-time, retire part-time. At your age, with no dependents or home to pay for, you can do whatever you want with your work schedule, that is until you can’t. Hopefully your parents die before you need their money to continue on with your life of leisure. As long as your health al...
by Jimmie
Wed Jan 01, 2020 11:43 am
Forum: Investing - Theory, News & General
Topic: OFFICIAL REGISTRATION FOR THE 2020 BOGLEHEAD CONTEST
Replies: 684
Views: 21310

Re: OFFICIAL REGISTRATION FOR THE 2020 BOGLEHEAD CONTEST

3505.39

And Taylor forgot to mention the Grand Prize: bragging rights.
by Jimmie
Wed Jan 01, 2020 10:51 am
Forum: Investing - Theory, News & General
Topic: [Announcement for upcoming 2020 Boglehead Contest]
Replies: 73
Views: 4032

Re: NOT OFFICIAL REGISTRATION

THIS IS NOT THE OFFICIAL 2020 BOGLEHEAD CONTEST REGISTRATION -- which will be announced soon. If you posted a "guess" here it will not count. Be sure to post your "re-guess" in the official registration. Best wishes. Taylor Can a moderator please lock this thread so the unofficial guesses stop?
by Jimmie
Tue Dec 31, 2019 11:52 am
Forum: Personal Finance (Not Investing)
Topic: trusting a financial advisor
Replies: 34
Views: 2620

Re: trusting a financial advisor

I have been fighting my dear GF's urge to see a FA for years now. In the last year or so, I moved all my remaining single stocks into mutual funds I already owned. She has her 403b in a target date fund. Pretty mainstream, conservative stuff. We have a straightforward plan in place for the future, y...
by Jimmie
Sat Dec 28, 2019 5:55 pm
Forum: Personal Consumer Issues
Topic: [Golf] in Orlando
Replies: 18
Views: 1156

Re: Gold in Orlando

Or edit the title to "Mold in Orlando" and not get any responses. Ever. :D
by Jimmie
Sat Dec 28, 2019 8:43 am
Forum: Personal Consumer Issues
Topic: How to get cash from 100lbs of coin change?
Replies: 33
Views: 2967

Re: How to get cash from 100lbs of coin change?

The interesting thing is that CoinStar machines in Walmart sometimes don't have the Amazon GC option ! So avoid those. I live in a decent-sized Cleveland suburb, coincidentally the city where the $370 MegaMillions ticket was recently sold. There are several CoinStar locations in town, but only one ...
by Jimmie
Sat Dec 28, 2019 8:30 am
Forum: Personal Consumer Issues
Topic: How to get cash from 100lbs of coin change?
Replies: 33
Views: 2967

Re: How to get cash from 100lbs of coin change?

CoinStar and use the Amazon gift certificate option to avoid a fee. Google to find a nearby location and do the other customers a favor by going at an odd time. It will take time to feed those into the small hopper. Cash back will always cost a fee.
by Jimmie
Fri Dec 27, 2019 10:26 am
Forum: Investing - Theory, News & General
Topic: Vanguard Website not Working Right
Replies: 54
Views: 5567

Re: Vanguard Website not Working Right

A reboot worked for me after I had the same problem. I use Chrome.
by Jimmie
Thu Dec 26, 2019 8:45 pm
Forum: Personal Investments
Topic: Side hustles on H1B
Replies: 22
Views: 2042

Re: Side hustles on H1B

Nyc10036 wrote:
Thu Dec 26, 2019 8:25 pm
"getting screwed over" ?
how exactly?
The law is the law.
+1
by Jimmie
Thu Dec 26, 2019 11:53 am
Forum: Personal Consumer Issues
Topic: Passport renewal and 'passport card' (extra $30)
Replies: 36
Views: 1566

Re: Passport renewal and 'passport card' (extra $30)

I'm reading "redundancy" in some replies. How is it redundant if you can't use the card for air travel? Seems like the card is intended for Americans who live near a border or commute via land and/or truck drivers who cross the border often.
by Jimmie
Thu Dec 26, 2019 10:36 am
Forum: Personal Consumer Issues
Topic: Long Plane trip - 16 Hours to Shanghai
Replies: 67
Views: 6275

Re: Long Plane trip - 16 Hours to Shanghai

On a thirteen and a half hour flight from LA to Taipei, a gentleman sitting next to me who flies that route all the time gave me this tip: Try to acclimate your body to the local time of your destination. In other words, if you land at 7am local time and usually get up at 6am when at home, schedule ...
by Jimmie
Wed Dec 25, 2019 11:54 am
Forum: Personal Consumer Issues
Topic: AAA Batteries, retail vs. OEM difference?
Replies: 27
Views: 2258

Re: AAA Batteries, retail vs. OEM difference?

Read the reviews for Amazon Basics 9 volt batteries. 12% of the reviews are one stars. It's pretty scary considering a common use are smoke detectors! Most, if not all, smoke detectors chirp when the battery is low. That chirping alone would drive me nuts enough to buy the best batteries in the wor...
by Jimmie
Wed Dec 25, 2019 10:44 am
Forum: Investing - Theory, News & General
Topic: Vanguard gives projection of market 2020 on TV
Replies: 25
Views: 2706

Re: Vanguard gives projection of market 2020 on TV

If Vanguard was made up of all Bogleheads, they would only sell three funds. 8-)
by Jimmie
Wed Dec 25, 2019 10:41 am
Forum: Personal Finance (Not Investing)
Topic: What is a reasonable attorney fee for establishing a will/trust?
Replies: 27
Views: 4300

Re: What is a reasonable attorney fee for establishing a will/trust?

So interesting how it’s geography driven. Retired lawyer here. In our firm of 25 lawyers in a community of 250,000 in middle America we would typically charge $500 for two “ I love you” wills with trusts for minor children, powers of attorney for healthcare, and general durable powers of attorney. ...
by Jimmie
Wed Dec 25, 2019 9:10 am
Forum: Personal Investments
Topic: In or Near Retirement with Only Six Figures?
Replies: 126
Views: 15645

Re: In or Near Retirement with Only Six Figures?

Merry Christmas to all. I think the big picture is being missed when only net worth or amounts in investment accounts are debated. There is the other side of the equation: expenses. Obviously, if your expenses exceed your income, the numbers really don't matter. As others have mentioned, five, six, ...
by Jimmie
Sun Dec 15, 2019 3:58 pm
Forum: Personal Consumer Issues
Topic: Places to Go Out When You Don't Want to Spend Much or Any Money
Replies: 129
Views: 11248

Re: Places to Go Out When You Don't Want to Spend Much or Any Money

Go to several car dealerships and spend the day test driving cars. Dress up really well and go to expensive dealerships to drive exotic models.
by Jimmie
Sun Dec 15, 2019 3:15 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 633
Views: 90779

Re: Flaunt Your High-Mileage Car

1983 Datsun 280ZX with 250,000+ miles bought new and driven until 1994.
1999 VW Jetta with 240,000+ miles bought new and driven until 2013.
by Jimmie
Thu Dec 12, 2019 7:04 pm
Forum: Personal Consumer Issues
Topic: Huge electricity usage spike
Replies: 64
Views: 4391

Re: Huge electricity usage spike

Are your brother's bills "actual" usage or are at least either last month or this month's bills "estimated"? Or is the high bill the bill for adjustment for a budget billing cycle?

Any of these can cause wild fluctuations month-to-month.
by Jimmie
Thu Dec 12, 2019 5:57 pm
Forum: Personal Consumer Issues
Topic: Looking to replace original sliding patio door
Replies: 20
Views: 1459

Re: Looking to replace original sliding patio door

We did extensive research when we replaced ours and bought Pella. Dear GF wanted the built-in shades which I think is patented by Pella. Our research revealed reviews from people that got burned by installers being blamed by manufacturers and manufacturers being blamed by installers. Best decision w...
by Jimmie
Fri Nov 22, 2019 5:50 pm
Forum: Personal Consumer Issues
Topic: Blenders Not Hard to Take Apart
Replies: 6
Views: 536

Re: Blenders Not Hard to Take Apart

I have several small appliances that have lasted a long time, so I personally wouldn't flinch at spending >$30 on a blender. You get what you pay for. As far as ease of cleaning, why not visit a store and experiment taking the floor model apart? If the bottom ring is tough to get off, mostly due to ...
by Jimmie
Tue Sep 17, 2019 2:32 pm
Forum: Personal Consumer Issues
Topic: Butcher Box
Replies: 14
Views: 2647

Re: Butcher Box

Do you already spend $150 a month on beef? If not, this "discount" price is still just a way to spend more money. These subscription boxes are a total mystery to me. My wife's friend gets ones for make-up, clothing, and fitness-related snacks; they send you a box of random stuff which you probably ...
by Jimmie
Tue Sep 17, 2019 2:14 pm
Forum: Personal Consumer Issues
Topic: Best Leaf Blower?
Replies: 70
Views: 4976

Re: Best Leaf Blower?

DanMahowny wrote:
Tue Sep 17, 2019 1:55 pm
I keep an electric blower in my golf cart. I use it to blow the leaves out of my line before I putt (Oct-Dec).
And a chainsaw for those pesky trees you hit behind? :D
by Jimmie
Tue Sep 17, 2019 1:17 pm
Forum: Personal Investments
Topic: What else can I be doing to maximize investments?
Replies: 5
Views: 1043

Re: What else can I be doing to maximize investments?

Why is contributing to your HSA on hold waiting for your kids to be older?

If I could do one, I would. My GF is jumping all over hers.
by Jimmie
Tue Sep 17, 2019 1:14 pm
Forum: Personal Investments
Topic: 401-K versus Social Security
Replies: 26
Views: 2313

Re: 401-K versus Social Security

You don’t need to find a posthumous post. You could ask if anyone already has lived long enough to reap the benefits of delaying SS. Or lived long enough to determine that they should have delayed but didn’t. My post was mostly tongue-in-check. I would think most people do the research, make a deci...
by Jimmie
Tue Sep 17, 2019 12:56 pm
Forum: Personal Investments
Topic: 401-K versus Social Security
Replies: 26
Views: 2313

Re: 401-K versus Social Security

All good posts with informative strategies from several knowledgeable Bogleheads. I have visited the Open Social Security website several times and looked at various scenarios. Since I am single and so is my GF (for many reasons), the SS filing scenarios are much simpler. The problem is that no Bogl...
by Jimmie
Mon Sep 16, 2019 4:05 pm
Forum: Personal Consumer Issues
Topic: Best Dog Car?
Replies: 70
Views: 5166

Re: Best Dog Car?

longterm100 wrote:
Wed Sep 11, 2019 7:23 pm
For two large dogs I get a lot of use out of a landrover LR4. Rugged but has some luxury features.
It's important to be some kind of Rover. The thread is about dogs.
by Jimmie
Mon Sep 16, 2019 3:11 pm
Forum: Personal Consumer Issues
Topic: Anyonw driving Uber for fun and pocket money in retirement?
Replies: 111
Views: 12681

Re: Anyonw driving Uber for fun and pocket money in retirement?

post script: out of interest I called one well-known car insurance provider..once you're an Uber driver you are instantly a "commercial" driver and your policy costs quadruple (in my case). Yikes. But you're taking a huge risk without the right insurance. For fun, I checked with my insurance carrie...
by Jimmie
Mon Sep 16, 2019 1:57 pm
Forum: Personal Consumer Issues
Topic: Water alarm just saved me a lot of $$$. Do you have them?
Replies: 62
Views: 7300

Re: Water alarm just saved me a lot of $$$. Do you have them?

Using my electrical engineering background and a few hundred bucks, mostly for the sensors, I designed and built a home-grown version of the Watercop. I use fifteen Insteon leak detectors around the house where there is water: toilets, dishwasher, washer, sinks, water heater, etc. These are programm...
by Jimmie
Tue Mar 05, 2019 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Median net worth of Bogleheads?
Replies: 17
Views: 3770

Re: Median net worth of Bogleheads?

I would think median, not average, would be fairly low - not anywhere close to a million and the previous surveys indicate this. With 20/20 hindsight and based on the posts, it would not be a far stretch for those who post and reply here to fall into one of two categories: Seeking advice - starting ...
by Jimmie
Tue Mar 05, 2019 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Start Social Security at year end, or in new year?
Replies: 27
Views: 2437

Re: Start Social Security at year end, or in new year?

I get tired of hearing the noise that you only have three options: 62, FRA, and 70. Where did you hear that noise? You might wish to change your sources of Social Security information. Often, the "noise" is right here. :twisted: What I meant by my rant was that few financial articles address that t...
by Jimmie
Mon Mar 04, 2019 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Start Social Security at year end, or in new year?
Replies: 27
Views: 2437

Re: Start Social Security at year end, or in new year?

Yes, your SS benefit will grow at 8% per year that you defer benefits ... A quick reminder (we tend to talk in “years”) that strictly speaking your benefit goes up 8/12 of 1% every single month that your delay filing. Yes, that's what's nice about reaching 62. If you don't take it then for whatever...
by Jimmie
Sun Mar 03, 2019 10:32 am
Forum: Personal Consumer Issues
Topic: Replacement vinyl windows
Replies: 14
Views: 1358

Re: Replacement vinyl windows

We replaced our low quality big box store windows with Pella windows and we love them. Mind you these aren’t the Pella windows you can order from a big box store they were ordered from a Pella showroom. The quality difference between the Pella showroom window and the Pella big box store window is a...
by Jimmie
Sun Mar 03, 2019 9:31 am
Forum: Personal Consumer Issues
Topic: Replacement vinyl windows
Replies: 14
Views: 1358

Re: Replacement vinyl windows

Usually, at least in my experience, the big box stores will special order "higher quality" SKUs from manufacturers they carry. At that point, it is easier to just order it directly yourself. Another consideration is installation. Reading reviews of windows, you will often see disappointed customers...
by Jimmie
Sat Mar 02, 2019 10:00 pm
Forum: Personal Consumer Issues
Topic: Replacement vinyl windows
Replies: 14
Views: 1358

Re: Replacement vinyl windows

Nothing wrong with the "big box" manufacturers Pella and Anderson. The problem is that the big box stores only carry what will sell better to the average customer. My GF and I bought a high-end Pella patio door, but what the big box stores had was only low-end. We want to replace some windows and ar...
by Jimmie
Sat Mar 02, 2019 7:44 am
Forum: Personal Consumer Issues
Topic: Tired of gas grills rusting out...
Replies: 120
Views: 19385

Re: Tired of gas grills rusting out...

To those mentioning moisture build-up under the cover. I don't believe that wetness is from water produced as the byproduct of combustion. The grill is so darn hot, any moisture is being dissipated. I think the moisture comes later, after the grilling is done, from condensation on the metal, particu...