Search found 165 matches

by crossbow
Tue Nov 12, 2019 9:56 am
Forum: Personal Consumer Issues
Topic: Fully loaded 2016 Lexus RX350 for $34K - good deal?
Replies: 11
Views: 1462

Re: Fully loaded 2016 Lexus RX350 for $34K - good deal?

Lexus owners, wanted to get your thoughts on this 2016 RX350 "fully loaded" with 28k miles. It has these features: Heads up display Pano roof Heated and cooled seats Lexus Safety Sense+ Mark Levinson audio 360 Camera No-haggle price is $34K ($37.5K OTD) Honestly the only features we want are heated...
by crossbow
Sat Nov 09, 2019 11:54 pm
Forum: Personal Consumer Issues
Topic: Fully loaded 2016 Lexus RX350 for $34K - good deal?
Replies: 11
Views: 1462

Re: Fully loaded 2016 Lexus RX350 for $34K - good deal?

Yeah... Ok thanks everyone! We'll think about it.
by crossbow
Sat Nov 09, 2019 4:42 pm
Forum: Personal Consumer Issues
Topic: Fully loaded 2016 Lexus RX350 for $34K - good deal?
Replies: 11
Views: 1462

Fully loaded 2016 Lexus RX350 for $34K - good deal?

Lexus owners, wanted to get your thoughts on this 2016 RX350 "fully loaded" with 28k miles. It has these features: Heads up display Pano roof Heated and cooled seats Lexus Safety Sense+ Mark Levinson audio 360 Camera No-haggle price is $34K ($37.5K OTD) Honestly the only features we want are heated ...
by crossbow
Tue Nov 05, 2019 3:32 pm
Forum: Personal Consumer Issues
Topic: Lexus CPO - anyone made a claim? Worth the cost?
Replies: 18
Views: 2633

Re: Lexus CPO - anyone made a claim? Worth the cost?

It's worth noting the 2016 is the first year of the latest generation. We own a 2016 and it's had a host of major problems (new moonroof, all new actuators, rear door lift) that would have been major repairs if not covered under warranty. Some of the 2016s were manufactured in Japan (vs Ontario) an...
by crossbow
Sun Nov 03, 2019 9:56 am
Forum: Personal Consumer Issues
Topic: Lexus CPO - anyone made a claim? Worth the cost?
Replies: 18
Views: 2633

Re: Lexus CPO - anyone made a claim? Worth the cost?

To give a bit more detail, the decision is between a CPO 2016 with 39k miles and has most of the features he wants, but no panoramic sunroof, 360 camera, and safety system (includes pre collision braking, ACC, auto hi beams) Or Non-CPO 2017 with pano sunroof and 360camera and safety system. Both car...
by crossbow
Sat Nov 02, 2019 11:53 pm
Forum: Personal Consumer Issues
Topic: Lexus CPO - anyone made a claim? Worth the cost?
Replies: 18
Views: 2633

Lexus CPO - anyone made a claim? Worth the cost?

Brother is getting a used 2016-17 Lexus RX 350. Wanted to ask on here if anyone's gone the CPO route and felt it was a waste of money? Or anyone bought non-certified and regretted it later? He's thinking that it won't break since it's a Lexus (Toyota) so paying extra for a CPO is a waste of money......
by crossbow
Wed Aug 21, 2019 3:27 pm
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 14064

Re: When Did You Ease Up On Saving Aggressively?

I noticed a lot of the comments here are from older posters mentioning that the growth on their investments dwarfing their contributions as a reason to ramp down savings. Perfectly reasonable. But as a note to the younger crowd, those boomers have enjoyed some amazing decades of the stock market, w...
by crossbow
Wed Aug 21, 2019 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 203
Views: 18088

Re: White collars- How much is your work downtime?

So. If I am busy with work from 9am - 12pm, have lunch between 12-1pm, surf BH from 1-5pm before leaving the office for the day and check email on my phone at 8pm, 9pm and 10pm, how much downtime did I have that day? :D
by crossbow
Mon Aug 19, 2019 5:48 pm
Forum: Personal Consumer Issues
Topic: Poll: Beater or Luxury car for long daily commute
Replies: 33
Views: 1393

Re: Poll: Beater or Luxury car for long daily commute

This is one of those false choices, usually setup to convince oneself to buy the thing you really want (but maybe shouldn’t). Try to catch yourself when these come up, it’s almost always never two choices, but a spectrum. Figure out what option 3 is, and do THAT. FWIW, I have a long commute, my car...
by crossbow
Mon Aug 19, 2019 3:56 pm
Forum: Personal Consumer Issues
Topic: Poll: Beater or Luxury car for long daily commute
Replies: 33
Views: 1393

Re: Poll: Beater or Luxury car for long daily commute

shawndoggy wrote:
Mon Aug 19, 2019 3:54 pm
would a high(er) mileage 12-15 year old lexus LS430 be a beater or luxury? Reliability seems to be good, frequently one owner cars, and would be great for regular commuting with the creature comforts at a fraction of new.
Assume there is no in-between option... this is an in-between option
by crossbow
Mon Aug 19, 2019 3:56 pm
Forum: Personal Consumer Issues
Topic: Poll: Beater or Luxury car for long daily commute
Replies: 33
Views: 1393

Re: Poll: Beater or Luxury car for long daily commute

What is your budget? A reliable, beater based on price only is always an option: https://www.ebay.com/itm/2005-Lexus-ES-330/401840494276 The trouble with buying new car and then racking up high miles is the value plummets so fast. A 2-3 year old car with 100k+ miles really take a hit. Exactly the c...
by crossbow
Mon Aug 19, 2019 3:51 pm
Forum: Personal Consumer Issues
Topic: Poll: Beater or Luxury car for long daily commute
Replies: 33
Views: 1393

Re: Poll: Beater or Luxury car for long daily commute

Well, it's gonna be specific to folks financial situation, too. But if you can readily afford better alternatives, I think I (and most) would avoid subjecting themselves to a beater for 60-90 minutes a day. Edited to add that you have saved up cash to pay for Option 2 but you're in your early 30s a...
by crossbow
Mon Aug 19, 2019 3:32 pm
Forum: Personal Consumer Issues
Topic: Poll: Beater or Luxury car for long daily commute
Replies: 33
Views: 1393

Poll: Beater or Luxury car for long daily commute

Hypothetical poll. If you had a long daily commute, would you rather: Option 1: a basic beater vehicle (assume well maintained, no mechanical issues and old - so low depreciation/cheap insurance) that gets you from Point A to B, or Option 2: a more expensive vehicle with all the creature comforts yo...
by crossbow
Fri Aug 16, 2019 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Rent vs. Buy - Running the numbers, what am I missing?
Replies: 55
Views: 4338

Re: Rent vs. Buy - Running the numbers, what am I missing?

It seems to me that this comparison leaves out the "value" of a place to live during that time. What do you mean? There is an assumption in there that there is even a difference to continue to invest. If I rented my place I would be paying more than my mortgage (also accounting for HOA fees, mainte...
by crossbow
Fri Aug 16, 2019 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Rent vs. Buy - Running the numbers, what am I missing?
Replies: 55
Views: 4338

Re: Rent vs. Buy - Running the numbers, what am I missing?

I have owned my current place for just over 15 years; couldn't rent or buy for anything near the same amount now (As in rent wise; cost would probably be 2.5x as much for something smaller), even with property tax increases, so that is my own personal benchmark that it was right decision for us. Ju...
by crossbow
Thu Aug 15, 2019 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market Account ?
Replies: 5
Views: 787

Re: Vanguard Money Market Account ?

Can I use money I put into the money market account to buy real estate? Yes Example: I am currently applying $1500.00 to the principal of my mortgage because I want to pay off my house in 7 years. However, my buddy (who invests in real estate multi units) wants to work with me and buy some rentals ...
by crossbow
Thu Aug 15, 2019 5:59 pm
Forum: Personal Investments
Topic: How much life insurance should I get? (baby on the way)
Replies: 44
Views: 2765

Re: How much life insurance should I get? (baby on the way)

Him: at least 1M 20yr. Term. Her: at least 500k 20yr. Term. Maybe more for both if you can get good rates. definitely term. any rationale for those specific numbers? (not arguing against, just looking for specific rationale) Roughly 10x your salary (including insurance provided by your work). I don...
by crossbow
Thu Aug 15, 2019 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Rent vs. Buy - Running the numbers, what am I missing?
Replies: 55
Views: 4338

Re: Rent vs. Buy - Running the numbers, what am I missing?

I have owned my current place for just over 15 years; couldn't rent or buy for anything near the same amount now (As in rent wise; cost would probably be 2.5x as much for something smaller), even with property tax increases, so that is my own personal benchmark that it was right decision for us. Ju...
by crossbow
Wed Aug 14, 2019 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Rent vs. Buy - Running the numbers, what am I missing?
Replies: 55
Views: 4338

Re: Rent vs. Buy - Running the numbers, what am I missing?

I have owned my current place for just over 15 years; couldn't rent or buy for anything near the same amount now (As in rent wise; cost would probably be 2.5x as much for something smaller), even with property tax increases, so that is my own personal benchmark that it was right decision for us. Ju...
by crossbow
Wed Aug 14, 2019 6:37 pm
Forum: Personal Consumer Issues
Topic: Is this 25% savings?
Replies: 67
Views: 5348

Re: Is this 25% savings?

OP please update us on how the meeting went :happy
by crossbow
Wed Aug 14, 2019 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Rent vs. Buy - Running the numbers, what am I missing?
Replies: 55
Views: 4338

Re: Rent vs. Buy - Running the numbers, what am I missing?

I have owned my current place for just over 15 years; couldn't rent or buy for anything near the same amount now (As in rent wise; cost would probably be 2.5x as much for something smaller), even with property tax increases, so that is my own personal benchmark that it was right decision for us. Ju...
by crossbow
Fri Aug 09, 2019 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, give me strength to resist a car purchase when I find myself way ahead of our financial goals
Replies: 61
Views: 4622

Re: Bogleheads, give me strength to resist a car purchase when I find myself way ahead of our financial goals

Thanks to all who further provided tips on how to trick myself into considering and re-considering a new vehicle purchase. I particularly like the cash withdrawal option... :sharebeer Also gotta acknowledge that the likelihood of regret a few months down the road is highly probable - thanks for the ...
by crossbow
Fri Aug 09, 2019 12:51 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, give me strength to resist a car purchase when I find myself way ahead of our financial goals
Replies: 61
Views: 4622

Re: Bogleheads, give me strength to resist a car purchase when I find myself way ahead of our financial goals

OP here. Thanks for the responses so far. I actually heaved a huge sigh of relief after hitting the “Submit” button to post earlier. I needed that. Things were pingpong-ing in my head… you know how it is when it comes to heart vs head decisions. Needed the sounding board and pep talks too. Appreciat...
by crossbow
Thu Aug 08, 2019 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, give me strength to resist a car purchase when I find myself way ahead of our financial goals
Replies: 61
Views: 4622

Bogleheads, give me strength to resist a car purchase when I find myself way ahead of our financial goals

What's up Bogleheads. This is the other side of "staying the course". Instead of the seeking strength in times of doom and gloom, we need strength for the good times... HELP!!! Background: As part of getting married, we consolidated our finances and did a deep dive + had a discussion about family fi...
by crossbow
Sat Jul 20, 2019 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Harrassed at work, what steps to take to protect her future employment
Replies: 93
Views: 8989

Re: Harrassed at work, what steps to take to protect her future employment

tell her to key start keeping private notes . Noting dates and times and conversations she has with managers, co-workers as well as reviews. I've always wondered - can't these be fabricated when one decides to actually sue? In HR-speak what one is doing is creating a memo to file, and when done via...
by crossbow
Sat Jul 20, 2019 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Harrassed at work, what steps to take to protect her future employment
Replies: 93
Views: 8989

Re: Harrassed at work, what steps to take to protect her future employment

tell her to key start keeping private notes . Noting dates and times and conversations she has with managers, co-workers as well as reviews. I've always wondered - can't these be fabricated when one decides to actually sue? I’ve always assumed that most people wouldn’t want to lie in court. Submitt...
by crossbow
Thu Jul 18, 2019 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Harrassed at work, what steps to take to protect her future employment
Replies: 93
Views: 8989

Re: Harrassed at work, what steps to take to protect her future employment

Mr.BB wrote:
Thu Jul 18, 2019 8:56 am
tell her to key start keeping private notes . Noting dates and times and conversations she has with managers, co-workers as well as reviews.
I've always wondered - can't these be fabricated when one decides to actually sue?
by crossbow
Wed Jul 03, 2019 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: 30 y/o financial check up. How am I doing? Can I buy a model 3 performance?
Replies: 57
Views: 4320

Re: 30 y/o financial check up. How am I doing? Can I buy a model 3 performance?

Hello All, Turned 30 not too long ago. Wanted to get some opinions of how I am doing thus far. Single. Renting apartment at 900/month. I got about 170k invested across different vehicles. Edit: maxing 401k Roth IRA HSA Still owe my dad about 30k for school loans. Paying him off slowly 1k / month. W...
by crossbow
Wed Jul 03, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: The Day Has Come - Hit Retirement Number - Now What?
Replies: 103
Views: 11585

Re: The Day Has Come - Hit Retirement Number - Now What?

just1question wrote:
Wed Jul 03, 2019 2:57 pm
barnaclebob wrote:
Wed Jul 03, 2019 2:47 pm
Start giving your real opinion at work and watch yourself get promoted for having a bold vision.
Not helpful. Funny ..., but not helpful. LOL
Well that depends on what your real opinion at work is :D

Edit: and congratulations! I cannot wait to be in your shoes.
by crossbow
Wed Jul 03, 2019 2:57 pm
Forum: Investing - Theory, News & General
Topic: Unsolicited Diamond Investment Call
Replies: 26
Views: 2317

Re: Unsolicited Diamond Investment Call

I am a bit freaked out, I got a call out of the blue from a diamond broker (I wont name the company since I believe it is against forum rules to name a business), I was taken by surprise as the lady was very smooth, calm and professional. She said that since I was a HNW individual that diamonds mak...
by crossbow
Sat Jun 29, 2019 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Lease vs Buying a Car
Replies: 84
Views: 6657

Re: Lease vs Buying a Car

OK - for those of you that believe leasing for personal use can often make financial sense, how can this be financially justified? [Not just convenience] The leasing company has to buy the cars (just as you would), finance them and pay interest (just as you would) and provide/pay for admin costs, m...
by crossbow
Sat Jun 29, 2019 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Lease vs Buying a Car
Replies: 84
Views: 6657

Re: Lease vs Buying a Car

sk2101 wrote:
Sat Jun 29, 2019 5:37 am
crossbow wrote:
Sat Jun 29, 2019 1:32 am
Then why do some dealers go out of business?
High fixed costs. Not enough business on service and used side.
If revenue isn't enough to cover costs, isn't that losing money?
by crossbow
Sat Jun 29, 2019 1:37 am
Forum: Personal Finance (Not Investing)
Topic: Lease vs Buying a Car
Replies: 84
Views: 6657

Re: Lease vs Buying a Car

You can have them fixed independently before turn in, and it is very much in a dealer's interest for you to be happy with them at the very moment you are trying to close a deal on the replacement. If you own it you can decide to fix a dent or scratch or not. If you lease you most likely will pay vi...
by crossbow
Sat Jun 29, 2019 1:32 am
Forum: Personal Finance (Not Investing)
Topic: Lease vs Buying a Car
Replies: 84
Views: 6657

Re: Lease vs Buying a Car

I have the same question. So far people have posted that leasing is bad for the consumer, bad for the manufacturer, and bad for the dealer. Leasing must be good for somebody..... Well it all depends on the specific deal. But let me tell you something: the dealers never lose money . Sometimes they m...
by crossbow
Fri Jun 28, 2019 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Lease vs Buying a Car
Replies: 84
Views: 6657

Re: Lease vs Buying a Car

OK - for those of you that believe leasing for personal use can often make financial sense, how can this be financially justified? [Not just convenience] The leasing company has to buy the cars (just as you would), finance them and pay interest (just as you would) and provide/pay for admin costs, m...
by crossbow
Fri Jun 28, 2019 2:35 pm
Forum: Personal Consumer Issues
Topic: [my] real world vehicle TCO (total cost of ownership)
Replies: 7
Views: 847

Re: [my] real world vehicle TCO (total cost of ownership)

What kind of insurance coverage do you have? Do you decrease coverage as the vehicle gets older/less value?

If you keep level of coverage the same, do your premiums decrease as the value of your vehicle decreases?
by crossbow
Thu Jun 27, 2019 11:41 pm
Forum: Personal Consumer Issues
Topic: Picking up New Subaru-Worth buying extended warranty?
Replies: 59
Views: 22934

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

The dealer offered me an extended warranty, tire warranty, key warranty, a ceramic coating option and glass protection. All of this adds up and I've never been a big fan of extended warranties. The guy at the dealer said that everything is so computerized with this car that I should consider it. I ...
by crossbow
Thu Jun 27, 2019 1:28 am
Forum: Personal Finance (Not Investing)
Topic: Anybody else unable to afford a home/have six figure income?
Replies: 60
Views: 7572

Re: Anybody else unable to afford a home/have six figure income?

I'm 32 and not close to having $100,000 saved. Maybe by 35 I will, but that's assuming my expenses stay extremely low. I don't have debt, not married, I invest in 401k and Roth IRA, and have (depending on the month) close to $1000 leftover at the end of the month to play around with. Perhaps a lot ...
by crossbow
Thu Jun 27, 2019 1:19 am
Forum: Personal Finance (Not Investing)
Topic: Landlords - assessing amount security deposit to return?
Replies: 50
Views: 3732

Re: Landlords - assessing amount security deposit to return?

Do you keep the security deposit as a matter of course, for paying for fixing the place up again? or do you calculate & estimate the costs and only retain that much? My prop mgmt agent says she wants to return it all -- and yet she has a list of "freshen ups" that will cost money. Are there any gen...
by crossbow
Wed Jun 26, 2019 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Lease vs Buying a Car
Replies: 84
Views: 6657

Re: Lease vs Buying a Car

The short answer is the really good deals are financial gymnastics played by the manufacturers in order to boost sales in the short term. The exact details of how have already been outlined here - a lease has 3 moving parts. The residual value ( generally set by the manufacturer and non-negotiable)...
by crossbow
Tue Jun 25, 2019 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: Lease vs Buying a Car
Replies: 84
Views: 6657

Re: Lease vs Buying a Car

I leased a brand new MB few year back and during the course of my lease I got rear ended 4 times. FOUR!!! No impact to me as I got everything repaired to factory spec under the other parties insurance and had a loaner while car was in the shop but... I pity the dealer I turned it in to. With 4 accid...
by crossbow
Tue Jun 25, 2019 12:43 pm
Forum: Personal Consumer Issues
Topic: Used Minivan - Recommendations?
Replies: 34
Views: 1781

Re: Used Minivan - Recommendations?

Everytime I start looking at a minivan, I ultimately ask myself if I want to trade less-than-ideal MPG for the luxury of space at this point in our lives, and the answer is no. Maybe when our third child arrives that will change. We do mostly city driving so a hybrid or plugin would be great, but th...
by crossbow
Mon Jun 24, 2019 8:03 pm
Forum: Personal Investments
Topic: Stashing cash for a home purchase in 10 years
Replies: 15
Views: 1532

Re: Stashing cash for a home purchase in 10 years

Knowing that the situation can change I would do an initial mix of 40% stock and 60% bonds(or CD) for the first 5 years and then drop the stock percentage by 10% each year till you're at 100% bonds (or CDs) at the 9 year mark. The stock gives you a chance at a better return but the bonds are a cush...
by crossbow
Mon Jun 24, 2019 4:17 pm
Forum: Personal Consumer Issues
Topic: Used Minivan - Recommendations?
Replies: 34
Views: 1781

Re: Used Minivan - Recommendations?

Many of you have recommended new, which I guess we'd be open to since it sounds like used minivans carry value. As a parent of three, I can definitely endorse the minivan as a practical choice. If you choose a brand that retains resale value (Honda or Toyota), buying new can be a good choice especi...
by crossbow
Mon Jun 24, 2019 4:12 pm
Forum: Personal Consumer Issues
Topic: Used Minivan - Recommendations?
Replies: 34
Views: 1781

Re: Used Minivan - Recommendations?

Frankly, something within the past 3 to 4 years with under 40k miles. Need something reliable since it will be carrying a baby and a toddler. I question the "need" for a minivan just because of two kids. A mid-sized SUV should be just as good. Do you need the cargo space? There's a couple reasons: ...
by crossbow
Fri Jun 21, 2019 4:49 pm
Forum: Personal Investments
Topic: Question on Capital Gains Tax vs Income Tax - does it matter if I cash out now or in retirement?
Replies: 11
Views: 795

Re: Question on Capital Gains Tax vs Income Tax - does it matter if I cash out now or in retirement?

Gotcha. The "gain" portion from my $1M balance would be considered "income" for LT capital gains tax calculation purposes in the year that I liquidate it. Thanks!
by crossbow
Fri Jun 21, 2019 4:32 pm
Forum: Personal Investments
Topic: Question on Capital Gains Tax vs Income Tax - does it matter if I cash out now or in retirement?
Replies: 11
Views: 795

Re: Question on Capital Gains Tax vs Income Tax - does it matter if I cash out now or in retirement?

If your retirement income is low enough, you might be in the 0% capital gains tax window rather than the 15%. Here’s the cutoffs: https://www.fool.com/retirement/2018/12/09/long-term-capital-gains-tax-rates-in-2019.aspx I learnt something new today. Thank you. Follow up theoretical question: I am r...
by crossbow
Fri Jun 21, 2019 3:07 pm
Forum: Personal Investments
Topic: Question on Capital Gains Tax vs Income Tax - does it matter if I cash out now or in retirement?
Replies: 11
Views: 795

Question on Capital Gains Tax vs Income Tax - does it matter if I cash out now or in retirement?

Hi fellow BHs, Clarification check: Assuming I've stopped buying VTSAX in my taxable account for the past 2 years, would it make a difference (tax-wise) whether I cashed out now while earning a 200K salary or whether I cashed out when retired and drawing no salary? Any gains/losses would be taxed at...