Search found 116 matches

by pennylane
Wed Oct 17, 2018 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Reasonable cost for a forever home?
Replies: 25
Views: 2832

Re: Reasonable cost for a forever home?

2-4Mill is reasonable
by pennylane
Mon Oct 15, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Girlfriend lost job, getting a lump sum severance... What should we do next
Replies: 36
Views: 3050

Re: Girlfriend lost job, getting a lump sum severance... What should we do next

Sure she can get out of her lease. Ask the landlord which option would they prefer? option 1: She stops paying rent and they can spend thousands and months in court trying to get her out or option 2: They find different tenants that would probably pay a higher rent amount than she is currently payin...
by pennylane
Mon Oct 15, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: DIY Home Security: SimpliSafe vs Ooma vs Nest vs Ring vs Other?
Replies: 59
Views: 6201

Re: DIY Home Security: SimpliSafe vs Ooma vs Nest vs Ring vs Other?

We have arlo, nest and canary. Nest IQ cameras have been the best so far. $50 first camera, $30 for any additional. That’s what I’d go for if I was you. I am sorry, but how do you get Next IQ for $50????? I see it goes for $300 indoor / $350 outdoor each. Or is it monitoring price on top of equipme...
by pennylane
Mon Oct 15, 2018 7:21 am
Forum: Personal Consumer Issues
Topic: DIY Home Security: SimpliSafe vs Ooma vs Nest vs Ring vs Other?
Replies: 59
Views: 6201

Re: DIY Home Security: SimpliSafe vs Ooma vs Nest vs Ring vs Other?

We have arlo, nest and canary.

Nest IQ cameras have been the best so far.

$50 first camera, $30 for any additional. That’s what I’d go for if I was you.
by pennylane
Thu Oct 11, 2018 7:15 pm
Forum: Personal Consumer Issues
Topic: Buying a pre-owned Lexus IS-250
Replies: 29
Views: 1757

Re: Buying a pre-owned Lexus IS-250

It’s a good car, go for it
by pennylane
Thu Oct 11, 2018 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: What did you buy today
Replies: 108
Views: 7510

Re: What did you buy today

Bought some lunch and snacks.. company pays for it. So, really nothing out of my pocket.
by pennylane
Thu Oct 11, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Lump sum instead of pension
Replies: 23
Views: 1193

Re: Pension instead of lump sum -- a no brainer?

sergeant wrote:
Thu Oct 11, 2018 11:45 am
Your numbers are way off. Back of the napkin says it will take you over a hundred years for $25,000 to get near a million at 3.5%. How old are you?
he is negative 35 years old. lol.

just kidding. OP how did you come to this number?
by pennylane
Tue Oct 09, 2018 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 11028

Re: Talk me out of buying a Tesla Model 3

If I were ever to want to drop 75k on a car, I would demand more physical controls than a few steering wheel buttons. I can’t fathom flying down the freeway and having to take my eyes off the road to adjust the climate controls and audio settings. If you’re interested in electric and like Audi, it ...
by pennylane
Tue Oct 09, 2018 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 11028

Re: Talk me out of buying a Tesla Model 3

Atilla wrote:
Mon Oct 08, 2018 5:24 pm
Zero to 60 in 3.5 seconds is getting close to Yamaha VMAX territory. I have a VMAX so I know what that's like.

Get the Model 3. :twisted:
Actually was timed at 3.2. The 3.5 is conservative from Tesla
by pennylane
Tue Oct 09, 2018 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 11028

Re: Talk me out of buying a Tesla Model 3

I have a new way to talk you out of purchasing a Model 3 Performance OP. Elon Musk kind of hates the very premise of this board. Passive investing. He also shows his ignorance. Why reward him. ;-) Visionary Genius Elon Musk has some interesting views about the Boglehead way of investing! I think he...
by pennylane
Mon Oct 08, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 11028

Re: Talk me out of buying a Tesla Model 3

Think about the long term experience with a Tesla Model 3 not just a 15 minute drive. 1) They are horribly made. Take a look at the True Delta figures since Tesla won't give info to JD Power like the rest of the industry...wonder why that is? Tesla is way worse than the other brands (not just Toyot...
by pennylane
Mon Oct 08, 2018 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 11028

Re: Talk me out of buying a Tesla Model 3

Think about the long term experience with a Tesla Model 3 not just a 15 minute drive. 1) They are horribly made. Take a look at the True Delta figures since Tesla won't give info to JD Power like the rest of the industry...wonder why that is? Tesla is way worse than the other brands (not just Toyot...
by pennylane
Fri Oct 05, 2018 9:55 am
Forum: Personal Finance (Not Investing)
Topic: can i start a private investment firm?
Replies: 70
Views: 5083

Re: can i start a private investment firm?

I am not a financial analyst but been thinking of starting a private investment firm where i manage very limited number of people's funds. Is it possible to do this legally? Thanks If you're not a financial analyst or advisor, why do you feel you're qualified to do this? Realistically, are any of t...
by pennylane
Fri Oct 05, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Switching Careers - From IT to Police Officer
Replies: 37
Views: 4222

Re: Switching Careers - From IT to Police Officer

Go for it. Best case scenario you love it and make more money.

Worse case scenario is you hate it and go back to IT.

If you don’t give it a shot, you’ll spend the rest of your life asking “what if”
by pennylane
Wed Oct 03, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Advice on renting a property
Replies: 11
Views: 990

Re: Advice on renting a property

Agents take 1 month from the tenants, not landlords. Find your self an agent who’s willing to take your rental, they have access to tools you don’t. Lots of local variation here. In our market they take it from the landlords. We have a rental property and the Management co charges one month to find...
by pennylane
Tue Oct 02, 2018 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on renting a property
Replies: 11
Views: 990

Re: Advice on renting a property

Agents take 1 month from the tenants, not landlords. Find your self an agent who’s willing to take your rental, they have access to tools you don’t.
by pennylane
Tue Oct 02, 2018 9:15 pm
Forum: Personal Consumer Issues
Topic: Landlord wants to raise rent, but is asking if he can?
Replies: 54
Views: 5470

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

Yes he can.

Even if utilities stay flat, what about inflation?
by pennylane
Tue Oct 02, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Root of Good's cost of raising a child: $3,300 per year
Replies: 163
Views: 5383

Re: Root of Good's cost of raising a child: $3,300 per year

These numbers look right to me. I always wondered what parents were talking about when they say it costs them 250k+ to raise a child, really? If you do it the smart way, 1500-4000 per year is a fair number. $1500 (daycare) * 4 infants / caregiver= $6000 caregiver revenue. Caregiver wage = $6000 / (...
by pennylane
Tue Oct 02, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Root of Good's cost of raising a child: $3,300 per year
Replies: 163
Views: 5383

Re: Root of Good's cost of raising a child: $3,300 per year

These numbers look right to me. I always wondered what parents were talking about when they say it costs them 250k+ to raise a child, really? If you do it the smart way, 1500-4000 per year is a fair number.
by pennylane
Mon Oct 01, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 14762

Re: Should we stay in Crazytown because there's no where to run?

HomerJ wrote:
Sun Sep 30, 2018 1:21 pm
KlangFool wrote:
Sun Sep 30, 2018 9:36 am
If you are smarter than him, you must be richer than him.
This, of course, is false. Being smart helps, but it is no guarantee of riches.

Nor does being rich guarantee someone is smart.
+1
by pennylane
Mon Oct 01, 2018 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Disability Insurance
Replies: 7
Views: 844

Re: Long Term Disability Insurance

sorry to hear about your fathers Alzheimer's. Definitely consult with an attorney.
by pennylane
Mon Oct 01, 2018 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Salary negotiation: saying a number first on purpose?
Replies: 43
Views: 3947

Re: Salary negotiation: saying a number first on purpose?

Most companies have a set budget, so you're not going to change them much. Know the market and tell them what you want paid up front. It saves a ton of time. I'd hate to burn vacation days interviewing only to find out we weren't in the same ballpark. +1 if they're budgeted for 125k, it is unlikely...
by pennylane
Sun Sep 30, 2018 11:43 pm
Forum: Personal Consumer Issues
Topic: Anyone ordered a vehicle through a dealership?
Replies: 40
Views: 3106

Re: Anyone ordered a vehicle through a dealership?

Don’t waste your time.. ask them to locate the vehicle. They can sell from other dealers lots too. Very common. I’d say about 40% of cars are sold this way. Also if you order a car, incentives that are available to you today may not be available to you when the car comes in. Or you might have better...
by pennylane
Fri Sep 28, 2018 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 639
Views: 79024

Re: How much money do you want to retire?

1.5 Million can get me by (not comfortable)
5 Million would be a good retirement
7.5 Million to retire how I’d like
by pennylane
Thu Sep 27, 2018 9:03 pm
Forum: Investing - Theory, News & General
Topic: SEC charges Musk with Fraud!
Replies: 117
Views: 10643

Re: SEC charges Musk with Fraud!!!

I can’t help but to think when visionaries and extrodinarely successful people look back at their life and talk about all of the people that doubted them, wanted them to fail but in the end succeeded.. they probably are referring to people in this thread. How could anyone hate Elon Musk or want him ...
by pennylane
Wed Sep 26, 2018 12:51 pm
Forum: Personal Consumer Issues
Topic: How to buy a mattress
Replies: 46
Views: 3362

Re: How to buy a mattress

I also vote "keep the old one." We had ours for about 25 years and only got rid of it since we moved. We'd flip it around about once a year. As for the new one, I highly recommend Costco . Just find of the right size and take one from the top of the pile! We just bought a King size, $650. Feels gre...
by pennylane
Mon Sep 24, 2018 9:47 pm
Forum: Personal Consumer Issues
Topic: Ripped off by a locksmith
Replies: 75
Views: 5724

Re: Ripped off by a locksmith

Shouldn’t it be $150 if he opens it fast, $100 if it takes him awhile?

You want to pay him less because he was fast and efficient?

You signed and agreed to the charges, not much you really have to fight for
by pennylane
Sat Sep 22, 2018 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: New to Investing, I feel lost
Replies: 43
Views: 2051

Re: New to Investing, I feel lost

Seriously what’s everyone going crazy over?

My wife and I have a $400 food budget. We can usually keep it at $320 per month. We eat well too.
by pennylane
Sat Sep 22, 2018 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: New to Investing, I feel lost
Replies: 43
Views: 2051

Re: New to Investing, I feel lost

Seriously what’s everyone going crazy over?

My wife and I have a $400 food budget. We can usually keep it at $320 per month. We eat well too.
by pennylane
Fri Sep 21, 2018 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: New car - 0% loan or $500 rebate
Replies: 26
Views: 2057

Re: New car - 0% loan or $500 rebate

You don’t need to have some car salesman giving you options. Send an email to 4 dealers with your specs (don’t use the manufacturers online configuration code) and tell them you’re paying cash. Buy from the lowest bidder. purchasing cash doesn't entice a dealer to give you the best deal. If anythin...
by pennylane
Sat Sep 15, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Critical Account
Replies: 20
Views: 2508

Re: Critical Account

There must be another issue involved here. If this relative can't support herself for a few months on her own assets until she becomes a multi-millionnaire, how is she going to (mentally) process/ invest an inheritance that large if she can't manage a smaller amount now? Have you addressed that? Do...
by pennylane
Fri Sep 14, 2018 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Critical Account
Replies: 20
Views: 2508

Re: Critical Account

FoolMeOnce wrote:
Fri Sep 14, 2018 8:26 pm
You are leaving her $2.3m. I don't think you should waste energy or create discord over interest on $5k.
This.

Seriously, why is this even a consideration????
by pennylane
Wed Sep 12, 2018 9:47 pm
Forum: Personal Consumer Issues
Topic: 401k "advice" to my associates
Replies: 51
Views: 2208

Re: 401k "advice" to my associates

Let's say they've got a $300k student loan debt. They're likely not far removed from college, where they did scrimp to get by. Now, they can unwind with a $15 beer with friends on a Friday night and relax after years of all nighters and knowing that their loans are charging so much interest that th...
by pennylane
Fri Sep 07, 2018 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 207
Views: 12388

Re: Excessive Emergency Room Charges - Options?

You’re gonna throw your credit out the window for $1,000?

Yea go for it, while you’re doing it, why not just stop paying all your bills all together.
by pennylane
Tue Aug 28, 2018 9:45 am
Forum: Investing - Help with Personal Investments
Topic: 6 figure sum to Vanguard Money Market or Savings account?
Replies: 12
Views: 1291

6 figure sum to Vanguard Money Market or Savings account?

My apologies if this has been asked before, when it comes to Money market accounts I am clueless. I am currently holding large amount of cash in savings (currently yielding 1.73%) I intend on using this cash for a real estate purchase within 2-5 years. My question is should I leave it in savings or ...
by pennylane
Tue Aug 28, 2018 8:48 am
Forum: Personal Consumer Issues
Topic: Best ultra thin pocket knife?
Replies: 54
Views: 3556

Re: Best ultra thin pocket knife?

Mcfly wrote:
Sun Aug 26, 2018 2:21 pm
Kershaw Leek seems to be popular. Small, thin and a good blade. Can be bought on amazon for @ 40.
I can vouch for this... FANTASTIC knife.
by pennylane
Mon Aug 27, 2018 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 199
Views: 28357

Re: What to do after losing $117k in stock market?

I couldn't resist and started trading stocks again. I managed to stay more discipline and only lost $1,200 this year. I am done for good. The last straw was when i recently bought PULM, a small biotech company. The next day, the stock dropped by 30% on ZERO news or material events. It's becoming ob...
by pennylane
Mon Aug 27, 2018 10:54 am
Forum: Investing - Help with Personal Investments
Topic: 8-month windfall check-in
Replies: 17
Views: 2899

Re: 8-month windfall check-in

I would take the proceeds from the real estate sale and reinvest in a rental property or a property for you to live in. I would not be renting.
by pennylane
Fri Aug 24, 2018 9:26 am
Forum: Investing - Help with Personal Investments
Topic: 28 yr old - On Track?
Replies: 14
Views: 1203

Re: 28 yr old - On Track?

Thats great! Is any of your net worth unearned?
by pennylane
Tue Aug 21, 2018 8:01 am
Forum: Investing - Theory, News & General
Topic: Another reason to be wary of international stocks...
Replies: 22
Views: 3547

Re: Another reason to be wary of international stocks...

I think you should consider renaming your thread “Another Reason to be Wary of CNBC.” I don’t take investment advice from CNBC for one very simple reason – I’m not their primary customer and neither are you. If you want to know who their customers are, just watch which companies are their most freq...
by pennylane
Fri Aug 10, 2018 7:49 am
Forum: Personal Consumer Issues
Topic: Buying used car - advice requested
Replies: 36
Views: 2580

Re: Buying used car - advice requested

Get the Prius
by pennylane
Fri Aug 10, 2018 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Should I tell my family/friend that they are making a financial mistake?
Replies: 87
Views: 8110

Re: Should I tell my family/friend that they are making a financial mistake?

From my experience, they don’t really listen. Let them make their own mistakes. I try to not give financial advice anymore or to even talk about money the older i get
by pennylane
Sun Aug 05, 2018 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: $100k Liquid, 21, no college education
Replies: 25
Views: 2532

Re: $100k Liquid, 21, no college education

You don’t need to go to college.
by pennylane
Sun Jul 29, 2018 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1400

Re: Investment accounts for teens to control

What sort of "investments" are these teens interested in doing? I wouldn't encourage them to invest at this point if they think that it means stock picking. It's a no-win situation. If they lose their money, they've lost it. If they triple their money it's even worse because they think that they're...
by pennylane
Fri Jul 27, 2018 11:11 am
Forum: Personal Finance (Not Investing)
Topic: The stock that got away
Replies: 40
Views: 3057

Re: The stock that got away

"There is a Taoist story of an old farmer who had worked his crops for many years. One day his horse ran away. Upon hearing the news, his neighbors came to visit. "Such bad luck," they said sympathetically. "May be," the farmer replied. The next morning the horse returned, bringing with it three ot...
by pennylane
Fri Jul 27, 2018 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Need more excitement
Replies: 48
Views: 4556

Re: Need more excitement

about 2% of my portfolio for individual stocks
by pennylane
Fri Jul 27, 2018 8:42 am
Forum: Investing - Theory, News & General
Topic: Facebook stock in freefall! (20% drop in 1-day)
Replies: 120
Views: 11246

Re: Facebook stock in freefall! (20% drop in 1-day)

i picked more up at the 155 level when the scandal came out.. everyone thought i was crazy.. I picked more up yesterday as soon as the market opened. I'm an indexer but I do have some gambling money allocated and its a buy for me.. $250 price target :sharebeer