Search found 332 matches

by GT99
Tue May 19, 2020 8:44 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring Help
Replies: 68
Views: 2907

Re: Engagement Ring Help

Ah, yes - the greatest marketing scam in the history of mankind. I'm happily married for 7+ years, but still pissed about the diamond (and I spent less than 1 month salary). As others have said, the only way to get deals on the stones are to go pre-owned or fake/man-made. Not sure how far the man-ma...
by GT99
Wed May 06, 2020 5:56 pm
Forum: Investing - Theory, News & General
Topic: Is Disney the most tempting value stock?
Replies: 222
Views: 12977

Re: Is Disney the most tempting value stock?

I got in on Disney at $86 back in March. I'm considering it a Hold at this point. Right now, I wouldn't consider buying more above $90. I do think there is a lot of long term potential. The parks are hurting right now, but long term, those places are just printing money. I have 2 young daughters and...
by GT99
Mon May 04, 2020 2:31 pm
Forum: Personal Consumer Issues
Topic: Why doesn't Porsche have better resale value?
Replies: 50
Views: 5386

Re: Why doesn't Porsche have better resale value?

REAL Porsches have air cooled engines behind the rear axle. They've more than held their value. VW Porsches, cooled by water depreciate like VWs. You realize the 996 Type 911, the first water-cooled version, was introduced in 1997 and VW didn't acquire Porsche until 2009? They otherwise had various...
by GT99
Sun May 03, 2020 4:08 pm
Forum: Personal Consumer Issues
Topic: Why doesn't Porsche have better resale value?
Replies: 50
Views: 5386

Re: Why doesn't Porsche have better resale value?

REAL Porsches have air cooled engines behind the rear axle. They've more than held their value. VW Porsches, cooled by water depreciate like VWs. You realize the 996 Type 911, the first water-cooled version, was introduced in 1997 and VW didn't acquire Porsche until 2009? They otherwise had various...
by GT99
Fri Apr 24, 2020 12:32 am
Forum: Personal Consumer Issues
Topic: lawn care cost
Replies: 107
Views: 10226

Re: lawn care cost

1/3 acre lot. $45 per visit for mowing, edging, blowing off all hard surfaces, including deck, hedge trimming, and pruning of smaller trees. When I was getting prices, I talked to one company that had a minimum $7500 per year price tag. :shock:
by GT99
Wed Apr 15, 2020 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Fee only Financial Planner Expectations
Replies: 5
Views: 410

Re: Fee only Financial Planner Expectations

I'd suggest questions around changes. The plan might be good for a specific moment in time. But things change. Learn what you should be doing given certain changes int he future....if interest rates go up / down, if stock market valuations go up / down, as you're situation changes (job changes, ret...
by GT99
Wed Apr 15, 2020 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Fee only Financial Planner Expectations
Replies: 5
Views: 410

Fee only Financial Planner Expectations

If you were to go to a Fee only financial planner for a comprehensive financial plan, what questions would you expect the financial plan they provide you to answer? That is, you have XYZ questions when you start meeting with them, and the financial plan they ultimately provide you answers questions ...
by GT99
Thu Apr 09, 2020 12:09 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 55496

Re: How to get Toilet Paper ? seriously.

I saw Kroger brand toilet paper at a QFC; but it was priced DOUBLE!!! My thoughts of buying dissipated instantly. Where do you draw the line between overpriced and price gouging? No problem, only just starting on the last role—wipe fold wipe fold wipe drop. I think price gouging laws are state spec...
by GT99
Mon Mar 30, 2020 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Introduction and asking for first home purchase advice.
Replies: 5
Views: 335

Re: Introduction and asking for first home purchase advice.

Whether or not you want to be a landlord is totally a personal decision. For me, one of the best financial decisions I've ever made was buying a large townhouse and renting rooms to friends.I then rented it out for 3 years after moving out of it. I would have kept renting it out, but I couldn't get ...
by GT99
Thu Mar 26, 2020 7:57 pm
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 62993

Re: So bottom is probably behind us....right?

Given where the COVID-19 numbers are heading, I'm finding the market's movement the past few days very strange. Feels like too much bounce for the stimulus package, given some of that should have been priced in already (we've known for a while some sort of stimulus was coming). Still feels like ther...
by GT99
Wed Mar 25, 2020 7:50 pm
Forum: Personal Investments
Topic: When to jump back in?
Replies: 48
Views: 4874

Re: When to jump back in?

I'm not a pure non-timer, with the big exception being a panic situation like this one (I've bought more individual stocks in the past week than I did the previous 10 years combined). I'm a data guy, and I've been tracking the COVID-19 data closely. I say that for context, not to imply I somehow hav...
by GT99
Tue Mar 24, 2020 10:50 am
Forum: Personal Investments
Topic: Has anyone hit pause on their 401k or monthly IRA contributions?
Replies: 32
Views: 1647

Re: Has anyone hit pause on their 401k or monthly IRA contributions?

I increased my contribution last week. My only fear is job security. There has been no word on any type of hiring freeze or layoffs. A lot of my office is working remotely. Same here. Call it market timing, but I think it's highly likely the market will be higher in Q4 than it will be the next coup...
by GT99
Mon Mar 23, 2020 2:49 pm
Forum: Investing - Theory, News & General
Topic: Cramer on buying index funds during downturn
Replies: 56
Views: 5866

Re: Cramer on buying index funds during downturn

Cramer gets it right ALMOST half the time. Do you have a quarter? Can you flip it? You can beat Cramer. https://www.kiplinger.com/article/investing/T038-C000-S002-which-market-gurus-get-it-right-the-most.html Not to defend Cramer, whom I've never really watched, or any other prognosticators, but wi...
by GT99
Mon Mar 23, 2020 12:30 pm
Forum: Investing - Theory, News & General
Topic: Will the Dow ever see 29500 again?
Replies: 86
Views: 8664

Re: Will the Dow ever see 29500 again?

If the Dow never gets back to 29500 again, we've got a lot more to worry about than our investments.
I think it will get back quicker than the housing crash. 18 months to 2 years.
by GT99
Mon Mar 23, 2020 12:25 pm
Forum: Investing - Theory, News & General
Topic: Will the Dow ever see 29500 again?
Replies: 86
Views: 8664

Re: Will the Dow ever see 29500 again?

I'm hardly a doctor or scientist, but I recall (and I'm not senile yet) reading, years ago, these points: - There are around 200 "common cold" viruses. - Each cold you get, you will then have antibodies for it. This is why us old peeps don't get that many colds, but if we got one per year we would ...
by GT99
Mon Mar 23, 2020 12:08 pm
Forum: Personal Consumer Issues
Topic: old (dry) pasta
Replies: 29
Views: 2054

Re: old (dry) pasta

> I came to several boxes of (dry) pasta in the bottom of the refrigerator door. And WHY were they in the refrigerator door?? As it tends to be a bit humid in there, I would expect this to be worse than sitting in a cabinet somewhere. When I was a starving student, I lived in an apartment building ...
by GT99
Tue Mar 10, 2020 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Choosing a university/college for my son a future Computer Science Major
Replies: 102
Views: 7428

Re: Choosing a university/college for my son a future Computer Science Major

Further, as I initially look at these tuition prices, they vary quite a bit. Even if my kid could get into a University of Chicago at $59,000 (which he doesn't have the grades for anyway), is a high priced, seemingly highly ranked school like this worth the money over a Georgia Tech, for example, t...
by GT99
Tue Mar 03, 2020 1:05 pm
Forum: Investing - Theory, News & General
Topic: What if Fed cut doesn't work?
Replies: 137
Views: 6489

Re: What if Fed cut doesn't work?

What if Fed cut doesn't work? To know if it "worked" or not you have to define what it is intended to do and that is unclear to me. This - how do we define "worked"? Will it likely soften the blow? To some degree, almost certainly - but to what degree constitutes it working? And it doesn't really m...
by GT99
Tue Mar 03, 2020 12:57 pm
Forum: Investing - Theory, News & General
Topic: What if Fed cut doesn't work?
Replies: 137
Views: 6489

Re: What if Fed cut doesn't work?

Does anyone else think it’s a bad sign for the market (short term) that not even an inter-meeting 50 basis point cut (not done since the Great Recession) can create a rally? I think word got out about it likely happening yesterday, and it was priced into yesterday's bounce, at least to some degree.
by GT99
Thu Feb 20, 2020 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: what to do with 50% home insurance price increasing
Replies: 18
Views: 1341

Re: what to do with 30% home insurance price increasing

Shop around. It's a tedious process. Contact agents, have them quote you premiums based on the exact coverages/deductibles you have now, or as close to them as they can get. They will try to make it complicated and confusing. A good independent insurance agent can save you a ton of time. For exampl...
by GT99
Sat Feb 15, 2020 10:25 am
Forum: Personal Consumer Issues
Topic: Advice for my next car please
Replies: 24
Views: 2182

Re: Advice for my next car please

Cheap lease, thinking a Kia for 2 years at under 150/month to get us to a point here we know if we need a bigger car. If you can truly lease a new car for 2 years at under $150/month without putting a bunch of money down, I'd do that in a heart beat. $150 for 3 or more years with ~$2500 due up fron...
by GT99
Sat Feb 15, 2020 10:12 am
Forum: Personal Investments
Topic: Traditional and Roth 401k combined account
Replies: 37
Views: 1937

Re: Traditional and Roth 401k combined account

Sorry, I should have "closed the doors" so-to-speak on other tax advantaged options, so let me rephrase what I was saying: If you can afford to max all of your Roth options (e.g. Roth IRA AND Roth 401(k)), then that should always be a better deal than using a traditional for the 401K no matter what...
by GT99
Fri Feb 14, 2020 12:50 pm
Forum: Personal Investments
Topic: Traditional and Roth 401k combined account
Replies: 37
Views: 1937

Re: Traditional and Roth 401k combined account

Sorry, I should have "closed the doors" so-to-speak on other tax advantaged options, so let me rephrase what I was saying: If you can afford to max all of your Roth options (e.g. Roth IRA AND Roth 401(k)), then that should always be a better deal than using a traditional for the 401K no matter what...
by GT99
Fri Feb 14, 2020 12:42 pm
Forum: Personal Investments
Topic: Traditional and Roth 401k combined account
Replies: 37
Views: 1937

Re: Traditional and Roth 401k combined account

My employer recently started offering a Roth 401k, so I'm taking advantage of it and planning to max both Traditional and Roth this year. This sounds like you think you can put $19.5k in each one. The limit is for both traditional and Roth together. You can fill one or the other or split it, but th...
by GT99
Fri Feb 14, 2020 12:39 pm
Forum: Personal Investments
Topic: Traditional and Roth 401k combined account
Replies: 37
Views: 1937

Re: Traditional and Roth 401k combined account

Poorman wrote:
Fri Feb 14, 2020 10:16 am
Why don't you just email your 401k provider. Or look under faq. Problem solved.
Why don't you read the whole post before responding? I clearly said I spoke with them. This was after going through FAQs and trying to contact them online and not getting an answer.
by GT99
Wed Feb 12, 2020 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: How to bridge-finance a home purchase?
Replies: 10
Views: 679

Re: How to bridge-finance a home purchase?

Your situation is fairly common - most lenders can do something along these lines, although I think it would be more common for the bridge loan to be on your equity on your current home rather than on your investments. We did exactly that 2 years ago - DW found a house she really wanted before the h...
by GT99
Tue Feb 11, 2020 12:10 pm
Forum: Personal Consumer Issues
Topic: Thoughts on buying cheap, used, short range EV
Replies: 87
Views: 5280

Re: Thoughts on buying cheap, used, short range EV

I'll be selling a used Nissan Leaf soon if you're interested! :D Seriously, though, it's been a great car for us. It's a 2014 that has about 52k miles on it. Range has declined by ~10% in the 5.5 years we've had it, but the decline is supposed to slow as the vehicle ages. We probably average around ...
by GT99
Sun Feb 09, 2020 8:54 pm
Forum: Personal Consumer Issues
Topic: What is the best concert you ever witnessed?
Replies: 385
Views: 27374

Re: What is the best concert you ever witnessed?

Top 3 of all time was Tool at a small venue, waiting outside by the tour busses and the interactions with the band after the show are big memories of mine. This was on the warm up tour for Lateralus. They've not been anywhere smaller than an arena since the tour. Just saw Tool a few weeks ago. They...
by GT99
Thu Feb 06, 2020 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Engagement Ring Insurance
Replies: 60
Views: 3184

Re: Engagement Ring Insurance

JoeRetire wrote:
Thu Feb 06, 2020 5:00 pm
Get a rider on your homeowner's insurance.
This. The annual cost for us to insure my wife's ring along with our homeowners insurance with Travelers is 1.15% of the insured value of the ring - i.e. it's cheap.
by GT99
Wed Feb 05, 2020 9:51 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296649

Re: Coronavirus and the market

I think we will have to wait and see... probably about 4 to 6 weeks. If it has a death of 1% is gonna be kinda ugly. (it's currently at 2% but it's hard to count how many people actually have the virus probably alot more than they think.) Regular Flu has a death rate of like 1/10th of a percent or ...
by GT99
Wed Feb 05, 2020 9:21 pm
Forum: Personal Consumer Issues
Topic: Family man who misses driving a fun car
Replies: 181
Views: 14375

Re: Family man who misses driving a fun car

I drive a fun sedan. Previously an Infiniti G35 (RWD with manual transmission), and now a Tesla Model 3 (LR AWD). My wife drives the SUV. Any reason you need 2 SUVs? I can see needing one for the cargo space on trips, but why 2? I'm in the same boat as the OP, except we have 1 SUV and 1 Nissan Leaf...
by GT99
Wed Feb 05, 2020 12:40 pm
Forum: Personal Consumer Issues
Topic: Savannah, GA
Replies: 15
Views: 1513

Re: Savannah, GA

by GT99
Mon Feb 03, 2020 1:29 pm
Forum: Personal Consumer Issues
Topic: Longest battery smart phone
Replies: 35
Views: 2519

Re: Longest battery smart phone

One thing to consider isn't just initial battery life, but how quickly battery life degrades. My first 4 smartphones all had massive battery degradation by the time they hit the 1 year mark. My last phone was an LG G3 - when I first got it, the battery lasted about 1 average day for me. After a year...
by GT99
Mon Feb 03, 2020 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Who would you refinance your mortgage with?
Replies: 45
Views: 4281

Re: Who would you refinance your mortgage with?

I have had 4 mortgages with Quicken Loans. Painless and fast. I’m debt free now, but I’d use them again just if I was buying another home. Just beware with Quick Loans that they will call you multiple times a day until you pull the trigger. I personally blacklisted them. They left me a message sayi...
by GT99
Wed Jan 29, 2020 1:28 pm
Forum: Personal Investments
Topic: Traditional and Roth 401k combined account
Replies: 37
Views: 1937

Traditional and Roth 401k combined account

I have what feels like a very random question, but I haven't found an answer elsewhere. My employer recently started offering a Roth 401k, so I'm taking advantage of it and planning to max both Traditional and Roth this year. Just started the Roth contributions at the beginning of January, and when ...
by GT99
Thu Jan 23, 2020 6:27 pm
Forum: Investing - Theory, News & General
Topic: Are interest rates ever going back up?
Replies: 98
Views: 7798

Re: Are interest rates ever going back up?

Define "go up" - they go up and down daily (depending on what exact rates you mean). My opinion is that they won't go up significantly (i.e. more than 1%) anytime soon (5+ years). More likely to go down. I also don't think we'll ever see significantly higher rates - it's a very different world than ...
by GT99
Mon Jan 20, 2020 12:14 pm
Forum: Personal Consumer Issues
Topic: If you could only listen to one podcast...
Replies: 138
Views: 11508

Re: If you could only listen to one podcast...

The Peter Attia Drive Podcast, https://peterattiamd.com/podcast/ , where Dr. Attia has long discussions with some of the best doctors and researchers in the field of healthy longevity. It's a source for people who consider their health an even greater asset than their wealth. Victoria This is in my...
by GT99
Sat Jan 18, 2020 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 43493

Re: Engineers - What are you making?

It's certainly not guaranteed, and it's regional of course, but do you really not think there's a strong correlation between programmer pay and ability? We'll just have to agree to disagree. It's not a line of work where you can really fake it. The Googles of the world certainly aren't paying $300k...
by GT99
Sat Jan 18, 2020 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 43493

Re: Engineers - What are you making?

I don't agree. Well, not entirely. I think you'll start seeing more of a pay gap between the best and everyone else (right now, people who aren't very good are getting "pulled up" in salary). First off, it's not nearly all programmers making huge money. Granted, median is still good, but it's only ...
by GT99
Sat Jan 18, 2020 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 43493

Re: Engineers - What are you making?

I'm not exaggerating at all when I say I would take 1 person who is in the top 5% of all programmers over 5 people in the bottom 50%. Bottom 50% of programmers are basically useless. They have negative output. Their code just needs to be rewritten by someone from the top 50%. They cause schedule de...
by GT99
Sat Jan 18, 2020 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 43493

Re: Engineers - What are you making?

It is against the law in some US States to use the title Engineer unless you are licensed. Not on business cards, not in email signatures. Many megacorps learnt this the hard way. Your State dictates the rules, as is often the case. I have never heard this before, but I'll take your word for it.
by GT99
Fri Jan 17, 2020 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 43493

Re: Engineers - What are you making?

I’m not saying you’re wrong, but if the labor market is that wildly inefficient then this party isn’t going to last. Jeff Kauffman made this argument recently and most programmers think he's wrong, if you read programmer forums, the tech equivalent of bogleheads, most people think he's an idiot. ht...
by GT99
Fri Jan 17, 2020 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 43493

Re: Engineers - What are you making?

I am amused by how the word "Engineer" is so loosely used here. This is a regulated profession, like architects, physicians, etc. There are licensure requirements by State to practice. If this were a thread started by a doctor, it wouldn't be so ambiguous as to what a doctor meant. Anyone can call ...
by GT99
Thu Jan 09, 2020 12:24 pm
Forum: Personal Consumer Issues
Topic: Large Purchase on Credit Card
Replies: 38
Views: 3303

Re: Large Purchase on Credit Card

If you're going to waste money on something that's value is purely a product of genius long term marketing and no real intrinsic value, you might as well get the credit card points.
I know I did. :twisted:
by GT99
Mon Jan 06, 2020 1:15 pm
Forum: Personal Investments
Topic: Diversifying out of large single stock position
Replies: 14
Views: 959

Re: Diversifying out of large single stock position

The conclusion in that article seems pretty nonsensical to me. The average sales price spread out across multiple sales over the course of weeks is just as likely to be lower than the current price as it is higher. That should just be obvious. You gain nothing by spreading out sales.
by GT99
Sat Jan 04, 2020 4:29 pm
Forum: Personal Investments
Topic: Sister wants advice since I disagreed with her financial advisers.
Replies: 141
Views: 13652

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

It is a number she picked. She also wants to leave a legacy account for her kids and grandkids. Since she loves what she does she does not see retiring early which is why she has such a high goal. Reach for the stars. I would strongly recommend against picking an arbitrary number and setting it as ...
by GT99
Sat Jan 04, 2020 12:37 pm
Forum: Personal Investments
Topic: Sister wants advice since I disagreed with her financial advisers.
Replies: 141
Views: 13652

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

I'm wondering what the cars are and what the present value of each are. I mean....if one's a Mercedes with a $40k loan on it, it's probably only worth $10k as they drop like a rock in value. But if it's a Lexus, it likely has some value over the loan amount and can get sold to buy something reasona...
by GT99
Sat Jan 04, 2020 12:09 pm
Forum: Personal Investments
Topic: Sister wants advice since I disagreed with her financial advisers.
Replies: 141
Views: 13652

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

It is a number she picked. She also wants to leave a legacy account for her kids and grandkids. Since she loves what she does she does not see retiring early which is why she has such a high goal. Reach for the stars. I would strongly recommend against picking an arbitrary number and setting it as ...
by GT99
Fri Jan 03, 2020 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Medical school at 34 - Is this financial suicide?
Replies: 116
Views: 10220

Re: Is this financial suicide?

Don't. Doctor's income are extremely late-weighted. Considering your age, it IS financial suicide. You can run projections for yourself and check. Would a better alternative to train for one of those Physician Assistant or Nurse Practitioner (or whatever they are called, basically "Doctor light" wi...
by GT99
Fri Jan 03, 2020 5:57 pm
Forum: Personal Investments
Topic: Sister wants advice since I disagreed with her financial advisers.
Replies: 141
Views: 13652

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

It is a number she picked. She also wants to leave a legacy account for her kids and grandkids. Since she loves what she does she does not see retiring early which is why she has such a high goal. Reach for the stars. I would strongly recommend against picking an arbitrary number and setting it as ...