Search found 717 matches

by Helo80
Tue Sep 18, 2018 7:56 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 78
Views: 6743

Re: Is there such thing as saving TOO much?

Yes, I think saving too much can be unhealthy. You have people that compulsively overeat and overspend... but the flipside of that is that people do undereat (and that can have serious health consequences) and people whom also seemingly have a difficult time parting with money (which this thread tou...
by Helo80
Fri Aug 31, 2018 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: I want to pry my friend away from Edward Jones
Replies: 71
Views: 7603

Re: I want to pry my friend away from Edward Jones

Anybody have a recommendation? It'd be great if I could give her a book and say, "Read this, especially Chapter __." Or should I just give her the Bogleheads Guide to Investing? What do y'all think? I think all regulars here have an inherent interest to evangelize the BH message --- but, much like ...
by Helo80
Fri Aug 31, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: Lexus vs. Mercedes
Replies: 86
Views: 6419

Re: Lexus vs. Mercedes

How about reliability for a 2016/2017 E class Mercedes? There is nothing that I hate more than a car that breaks down (which is why I've only bought Toyota branded Vehicles since 2002, except for the '15 odyssey). Reliability is why I'm not even going to look at a BMW. Audi could be an option, but ...
by Helo80
Thu Aug 30, 2018 2:47 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11258

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

For lack of a better term... Expense Ratio (ER) Hypersensitivity (or Hyperaccuity or hyperawareness) I have seen several threads (and comments in threads) about Vanguard's Investor vs. Admiral classes... and sometimes people "saving up" for Admiral and/or playing ER games to keep ER as low as possib...
by Helo80
Sun Aug 26, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: The first million is the hardest?
Replies: 46
Views: 9045

Re: The first million is the hardest?

I just recently passed my first 100K in liquid assets. Does it start getting faster at some point due to compounding returns? When will I start to really notice this thing rolling? Sure... if you have $10 million in an S&P500 index fund, and the fund returns 10% for the year.... there you go. I wou...
by Helo80
Sun Aug 26, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: NYT - Caring for Aging Parents, With an Eye on the Broker Handling Their Savings
Replies: 26
Views: 2487

Re: NYT - Caring for Aging Parents, With an Eye on the Broker Handling Their Savings

Disagree, many fee only advisors operate on a discretionary basis. The problem was this advisor did not have discretionary authority yet acted with discretion in a commission based account. He marked the trades as unsolicited. I am sure for JP Morgan's internal general counsel, every single phone c...
by Helo80
Sun Aug 26, 2018 9:52 am
Forum: Investing - Theory, News & General
Topic: NYT - Caring for Aging Parents, With an Eye on the Broker Handling Their Savings
Replies: 26
Views: 2487

Re: NYT - Caring for Aging Parents, With an Eye on the Broker Handling Their Savings

The "undisclosed settlement fee" is likely built into JP Morgan's cost of doing business budget. Invariably, these advisers and their management branch go home and sleep soundly every night. It kind of makes you want to tell your local Edward Jones and Northwestern Mutual advisers that they can go.....
by Helo80
Sat Aug 25, 2018 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's Certified Advisors: New? Young? Okay? Please Help!
Replies: 52
Views: 3172

Re: Vanguard's Certified Advisors: New? Young? Okay? Please Help!

It is also important that their compensation is not based on their fund recommendations thereby eliminating conflict-of-interest which is rampant in the industry. Taylor -- I did not read your comment, but thank you for pointing this out and confirming it. There are many shenanigans that can go on ...
by Helo80
Sat Aug 25, 2018 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's Certified Advisors: New? Young? Okay? Please Help!
Replies: 52
Views: 3172

Re: Vanguard's Certified Advisors: New? Young? Okay? Please Help!

Does it matter that most of Vanguard's Certified Financial Planners have only been around since 2013 (five years) and are mostly late 20s to early-mid thirties? The advisory I met with today to talk about PAS is much younger than me---should I care? Depending on Vanguard's financial planners pay sc...
by Helo80
Sat Aug 25, 2018 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Game Changing Inheritance of Stocks! Now what?
Replies: 75
Views: 7021

Re: Game Changing Inheritance of Stocks! Now what?

We have received advice from family to ranging from pay off the mortgage and have also received advice to not touch the Berkshire stock. Just found this gem.... yeah, those people telling you not to touch the Berk are wrong. If they are saying it because they think you're going to sell, and then bu...
by Helo80
Sat Aug 25, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Game Changing Inheritance of Stocks! Now what?
Replies: 75
Views: 7021

Re: Game Changing Inheritance of Stocks! Now what?

What I would do is: A) Sell the Berk B) Pay off the home mortgage (giant, reoccurring relief off of your shoulder) -- You can play games with "well, my interest is 3.75%, but the stock market is going up at 10% so I can..." stop --- you're not wall street C) Determine your Equities/Bond ratio and bu...
by Helo80
Fri Aug 24, 2018 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: Boglehead Contest: S&P 500 Reaches New High Today
Replies: 6
Views: 1264

Re: Boglehead Contest: S&P 500 Reaches New High Today

What's crazy is that that number seems high, today... but in like thirty years, most of us will be like "dag gummit... should have bought more S&P 500 index on August 24, 2018 when it was *only* at 2874...... sigh ....." Unfortunately, 401k contribution, as well as, a regular reoccurring investment ...
by Helo80
Tue Aug 21, 2018 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Military career/college options (engineering - nukes?)
Replies: 45
Views: 2669

Re: Military career/college options (engineering - nukes?)

There is obviously a wealth of knowledge on this board, and I would advise your kid to understand the path and ask as many questions as he can prior to going down the route. I have nothing to contribute to this thread other than what has already been mentioned, and that I think Navy Nukes is the onl...
by Helo80
Mon Aug 20, 2018 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: How do you pay for purchase of a vehicle in retirement?
Replies: 38
Views: 3974

Re: How do you pay for purchase of a vehicle in retirement?

I guess I have come to the opposite conclusion. In my opinion, while useful, the most recent safety improvements are somewhat marginal - and in retirement our miles driven is much lower. ...and your reflexes are slower, vision is worse, and mistakes happen. Part of the improved collision technology...
by Helo80
Sun Aug 19, 2018 7:51 pm
Forum: Personal Consumer Issues
Topic: Sellers beware on eBay.
Replies: 66
Views: 6253

Re: Sellers beware on eBay.

I was in a similar situation as you OP... had an old study book for sale on Amazon that was competitively priced at like $1.50. It was sold, and then when I saw how much I would have received for the "sale", I realized I would be in the red on the transaction and paying the person to take the item. ...
by Helo80
Sun Aug 19, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: More than $55,000 in 401k contributions this year ?
Replies: 24
Views: 2249

Re: More than $55,000 in 401k contributions this year ?

Ie. can I contribute $75k altogether this year ? No, under no circumstances can you contribute 75k. Match + pre-tax + post tax ≤55,000 that's it it can be from 1 or 100 employers. Do you have a reference for this ? It is to contradictory to information I have found : https://www.irs.gov/retirement-...
by Helo80
Sun Aug 19, 2018 12:02 pm
Forum: Personal Consumer Issues
Topic: My son was scammed on Craigslist- how to get money back
Replies: 46
Views: 7590

Re: My son was scammed on Craigslist- how to get money back

Look on the bright side, he could have wired $400k https://www.nbcbayarea.com/news/local/Experts-Virtually-All-CA-Real-Estate-Transactions-Targeted-By-Hackers-487165181.html Yup. Local title company wanted me to wire funds to them for a transaction. I told them "No", that I would much prefer to bri...
by Helo80
Sun Aug 19, 2018 12:00 pm
Forum: Personal Consumer Issues
Topic: My son was scammed on Craigslist- how to get money back
Replies: 46
Views: 7590

Re: My son was scammed on Craigslist- how to get money back

Money is gone. You're welcome to report the crime to the police and/or FBI tip line, but the amount was likely low enough that it's going to warrant no investigation. BOA is not on the hook for this one as you agreed to wire the money to a specific account and BOA did just that. You can always conta...
by Helo80
Sun Aug 19, 2018 10:29 am
Forum: Personal Consumer Issues
Topic: Switch to auto lease after retirement?
Replies: 38
Views: 3118

Re: Switch to auto lease after retirement?

Benefits of leasing: 1. Predictable monthly payment 2. You don't own the car. In 2008/9 when gas was $4-$5 per gallon, large SUV values tanked (Escalade, Suburban, Expedition, etc.) The big three had so many large, gas heavy rigs that were heavily underwater... people on a lease laughed as they surr...
by Helo80
Sun Aug 19, 2018 8:28 am
Forum: Personal Finance (Not Investing)
Topic: How do you pay for purchase of a vehicle in retirement?
Replies: 38
Views: 3974

Re: How do you pay for purchase of a vehicle in retirement?

Likely the same way you buy a car before retirement.... You see the money in the pool... the money being added to the pool (pension, ss, RMDs, passive income streams, etc.)... and the money being taken from the pool (the tax man, bills, home repairs, gas, etc.)... and then decide how how car you can...
by Helo80
Sun Aug 19, 2018 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Costco Eyeglasses - No satisfaction guarantee. Any chance of resolution?
Replies: 49
Views: 34505

Re: Costco Eyeglasses - No satisfaction guarantee. Any chance of resolution?

If you paid for the glasses using a credit card, you could dispute the charge with your credit card issuer. It's possible that they'll reverse it and take up the issue with Costco themselves. That being said, I'll bet that the fine print for Costco's return policy is that eyeglasses are non-refunda...
by Helo80
Thu Aug 16, 2018 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: First time investing(401k)
Replies: 21
Views: 1093

Re: First time investing(401k)

Another vote for your Target Date fund --- read this forum, and then six months from now you can decide what you want to do. But, if you're doing $1000 a month at your age, whether it's a Target Date or any other fund on the list, you'll be fine 30 years from now. Don't fret that you're screwing up ...
by Helo80
Thu Aug 16, 2018 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Who uses the 3 fund portfolio ?
Replies: 112
Views: 18511

Re: Who uses the 3 fund portfolio ?

In my 401k and Roth IRA, I hold a 3 fund portfolio --- well, mainly two fund as I go domestic and international equities at a 80/20 mix. For my taxable accounts, that's my "fun" money with a mixture of individual stocks and vanguard small/mid can index/value/growth funds -- still though half of my t...
by Helo80
Sun Aug 05, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Improving the TSP [for current participants]
Replies: 262
Views: 42751

Re: TSP vs Fidelity Zeroes

I imagine they also hope to upsell their customers later on. Oh yes. I have some monies in the Fidelity TSM index fund and noticed they slashed the fees to 1.5 bp. I can live with that, and I have zero interest in moving to this loss leader until a few years are under the belt of the fund and peopl...
by Helo80
Sun Aug 05, 2018 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Improving the TSP [for current participants]
Replies: 262
Views: 42751

Re: TSP vs Fidelity Zeroes

I have zero reason to remain with the TSP after separation from service. .... As a TSP account holder, what is the best way for me to advocate more cost cuts to the Federal Retirement Thrift Investment Board? Access to the G-Fund is enough of a reason to remain at TSP. The ERs of TSP are already ab...
by Helo80
Thu Aug 02, 2018 8:39 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 737
Views: 70210

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

I assume that this was off everyone's radar, right? I think it's great news and +1 for free market competition.
by Helo80
Sun May 27, 2018 3:29 pm
Forum: Personal Consumer Issues
Topic: Lexus RX 350, Audi Q5, or Volvo XC 60 (update)
Replies: 121
Views: 9930

Re: Lexus RX 350, Audi Q5, or Volvo XC 60 (update)

My wife is in love with the car but she said she just isn't going to pay more than 45k out the door. I guess our only option is to wait for the 2019 models to hit the floor and hope the 2017s will have a lower price. The unlimited mile warranty on the certified pre-owned is huge for us since my wif...
by Helo80
Sat May 26, 2018 8:21 am
Forum: Personal Finance (Not Investing)
Topic: should I buy or rent
Replies: 18
Views: 1373

Re: should I buy or rent

Not very secure with my job and very insecure about committing to one location in case I move on from this job. I am currently putting away more than 5K per month into 401k and Roth 401K. If you are having doubts your short term commitment to your current job, it would probably not be wise to buy. ...
by Helo80
Tue May 15, 2018 7:30 pm
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 140
Views: 13608

Re: The front page is ugly

When I joined, I did not like the front page much. Now, that I understand how it works, I love the frontpage as it gives me a quick snapshot on what topics are trending.
by Helo80
Sat May 12, 2018 4:32 pm
Forum: Personal Consumer Issues
Topic: Picking up New Subaru-Worth buying extended warranty?
Replies: 33
Views: 2470

Re: Picking up New Subaru-Worth buying extended warranty?

maroon wrote:
Sat May 12, 2018 8:42 am
and at ~103K miles, replacement of control arm bushings.


My best guess is that with or without an EW, bushings would be a wear and tear item... especially at 100k miles.
by Helo80
Fri May 11, 2018 8:07 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 488
Views: 72359

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Folks, I want to Thank You for sharing this issue. I had a down payment on a CRV EX-L when I finally noticed this issue on your site any other sites. I cancelled the order. I live in NY, the dealership is claiming they had no clue of this issue, which I am finding a bit hard to believe. I have a bi...
by Helo80
Fri May 11, 2018 7:59 pm
Forum: Personal Consumer Issues
Topic: New Car Suggestions: BMW Crapping Out
Replies: 61
Views: 5892

Re: New Car Suggestions: BMW Crapping Out

Hi Bogles, I am leaning toward the Highlander but also considering Mazda CX-5, CX-9 and Lexus NX. Honda is out of the question bc their suv’s are ugly. Highlander or RX will be your best bet. Under the hood, their is nothing terribly different between the two unless you get the Lexus RX sport. Inte...
by Helo80
Fri May 11, 2018 7:55 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 362
Views: 47024

Re: MoviePass-Too good to be true, but it's legit.

So... HMNY (movie pass owner) recently filed a cash flow statement that did not look promising. If I'm not mistaken, the basics are that they are not carrying major debt (good). However, their cash on hand and expenses show that they have about a month or two of buying more tickets until that runs o...
by Helo80
Thu May 10, 2018 4:58 pm
Forum: Personal Consumer Issues
Topic: When to replace a car windshield
Replies: 27
Views: 1941

Re: When to replace a car windshield

There is no rule of thumb --- generally people replace when a crack turns into a spider. At 14 years old, it's not unreasonable that they will have to replace the moulding gasket. Sometimes said seals can be salvaged and that is why you get an "iffy" quote on windshield replacement. Usually, said pa...
by Helo80
Sat Apr 28, 2018 8:39 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 362
Views: 47024

Re: MoviePass-Too good to be true, but it's legit.

My son has a MoviePass and loves it. It's also an easy decision for the theaters. It's like a casino comping a room. It's already built, so any further use is pure profit. And they make the real money on the concessions. The big chains are pushing back on MP for fear of the devaluation of the exper...
by Helo80
Fri Apr 27, 2018 8:49 pm
Forum: Personal Consumer Issues
Topic: Extended Warranty for Honda Odyssey - worth it?
Replies: 23
Views: 3743

Re: Extended Warranty for Honda Odyssey - worth it?

Having worked on and maintained my family's vehicles -- a mix of Japanese, German, and domestics, here is my spiel on factory EWs. For peace of mind and to help you sleep at night, EWs from Honda are worth every penny. Be sure to heed advice here and shop around as generally any Honda dealer has the...
by Helo80
Tue Apr 24, 2018 5:35 pm
Forum: Personal Consumer Issues
Topic: Negotiating for a new Toyota.[my fault comparing apples and oranges]
Replies: 36
Views: 4080

Re: Negotiating for a new Toyota.

Toyotas are in demand and we've found often don't have the 'mega discounts' that you see with domestics. That's purely my opinion. Toyota's and Honda's tend to be more conservative with their MSRP and incentives on them as both have lineups that move at an acceptable speed to their corporate leader...
by Helo80
Tue Apr 24, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 113
Views: 8681

Re: Do you buy new or used cars?

I love the emotional aspects of car experiences even from the most staunch conservative BH. "I pay cash for new and drive for 12 years." I gather that these statements are justifications for buying new. These are emotional justifications, but not mathematical as this does not preclude you from buyi...
by Helo80
Mon Apr 23, 2018 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Job Interview - Send follow up email?
Replies: 16
Views: 1815

Re: Job Interview - Send follow up email?

1. Should I send a follow up email to reiterate my interest in the position and the firm or just continue to wait? Give it a week or two... but I would never do it in the same week unless you receive intelligence that they're making a decision quickly. 2. (If yes) should I email the hiring manager ...
by Helo80
Mon Apr 23, 2018 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Job Interview - Send follow up email?
Replies: 16
Views: 1815

Re: Job Interview - Send follow up email?

I personally always followup with a thank you email or note.

The worst that happens is you don't get the job.
by Helo80
Mon Apr 23, 2018 9:41 pm
Forum: Personal Consumer Issues
Topic: Your own General Contractor
Replies: 33
Views: 3248

Re: Your own General Contractor

If you have to ask, you probably should not do it. Sure, you can maybe arrange to paint your own walls, or do your flooring. But, making sure everything is to code and is structurally sound and safe, it's not something to cheap out on. I'm not sure how home insurance would work if you build your own...
by Helo80
Mon Apr 23, 2018 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Negotiation gone sour
Replies: 98
Views: 10876

Re: Salary Negotiation gone sour

That being said the dept. is growing and I was told I am the number 1 choice when anything else opens up. (Of course this could be just the "Let's be friends" approach to a breakup). Am I correct that this situation is somewhat perplexing? I felt that my asks were reasonable and I was always profes...
by Helo80
Mon Apr 23, 2018 5:51 pm
Forum: Personal Consumer Issues
Topic: Looking to purchase new car/SUV
Replies: 51
Views: 3541

Re: Looking to purchase new car/SUV

I remembered one tid-bit. My folks used to know an auto-industry attorney. He worked for I believe one of the major insurance companies and dealt with the bad accidents and what not. He was *not* an ambulance chaser and/or trial attorney representing victims injured by 18-wheelers driven by Walmart,...
by Helo80
Sun Apr 22, 2018 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 85
Views: 10133

Re: Pension Freeze - What did you do?

People buy junk products. Just consider the level of trash sold nowadays compared to the quality of products years ago, This is a tangent compared to the overall theme of the thread, but I don't personally buy this argument, and I think there is some revisionist history going on. There is no way yo...
by Helo80
Sun Apr 22, 2018 3:37 pm
Forum: Personal Consumer Issues
Topic: Looking to purchase new car/SUV
Replies: 51
Views: 3541

Re: Looking to purchase new car/SUV

If she is waffling between a sedan and SUV, as well as, wants a safe and reliable vehicle... I would recommend at least scoping out the Subaru lineup with Eyesight . AWD is on nearly all, if not all of their lineup. If an "old" design is a dealbreaker, you may look into doing a monthly lease on a re...
by Helo80
Sun Apr 22, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: Removing Existing Satellite Systems
Replies: 23
Views: 3239

Re: Removing Existing Satellite Systems

I wonder if they have liability when a person falls off the roof trying to remove the dish when the company that put it there won't. Somebody --- homeowner or tenant --- authorized the dish to be put up in the first place. Much like most anything, if the new owner/tenant does not want it there, it ...
by Helo80
Sat Apr 21, 2018 3:36 pm
Forum: Personal Consumer Issues
Topic: Where to purchase a new iphone
Replies: 5
Views: 631

Re: Where to purchase a new iphone

The yelp reviews of the Apple store in this county are poor. I am far from an Apply fanboy or apologist, though the same goes for Droid. I would not take those yelp reviews too seriously as Apple exercises a tremendous amount of control over their image. If the store is really that bad, I would ima...
by Helo80
Sat Apr 21, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 113
Views: 8681

Re: Do you buy new or used cars?

I bought a new car because the model I wanted was selling for more used than new. Not sure how this is possible, but it happened. People have it in their head that you can "save so much money" by buying a car 1-3 years old. While it's nearly universally true that a registered vehicle will go for le...
by Helo80
Sat Apr 21, 2018 1:23 pm
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 113
Views: 8681

Re: Do you buy new or used cars?

... 50% of original MSRP ... 40% of original MSRP ... 65% of original MSRP. I always view MSRP about as useful as "Provider Charges" line on medical bills... Example from a recent one: Provider charges $2,007, "Contractual allowance" and other meaningless (to me) deductions $1657. Insurance paid $1...
by Helo80
Mon Apr 16, 2018 6:05 pm
Forum: Personal Consumer Issues
Topic: Costco gas
Replies: 67
Views: 6575

Re: Costco gas

No, I usually never get Costco gas. 1. No love for AMEX anymore and that means no 5% CB for me. 2. The lines are usually long (3-4 cars just waiting to fill up) 3. The price is within a nickel of Sam's and other gas competitors around my Costco location. 9 times out of 10, Sam's matches the Costco ...