Search found 6241 matches

by KyleAAA
Mon Nov 20, 2017 4:05 pm
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 102
Views: 5400

Re: Tipping in living wage state. Redux.

I bag my groceries myself, don't have a child, and don't interact with the people who stock my shelves. But no, I don't believe they are underpaid in the way my server is, so I wouldn't tip them if I had the opportunity. If I knew my server made $35/hr 40 hours per week I wouldn't tip so generously...
by KyleAAA
Mon Nov 20, 2017 2:41 pm
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 102
Views: 5400

Re: Tipping in living wage state. Redux.

Maybe my sarcasm meter is broken because I'm having a very difficult time getting a read on this response. That's an unavoidable question for anybody who suggests they tip because they believe servers are underpaid, and I have a difficult time taking anybody seriously who says they tip everybody th...
by KyleAAA
Mon Nov 20, 2017 2:36 pm
Forum: Personal Consumer Issues
Topic: HelloFresh meal boxes - disputing credit card charge
Replies: 18
Views: 1244

Re: HelloFresh meal boxes - disputing credit card charge

FWIW we used the same promo code some time back and thought it was clear we'd be enrolled and that we could freeze the account or skip a week any time by logging in. We were generally very happy with the meals but after a while they started repeating the same recipes so we cancelled. We still make a...
by KyleAAA
Thu Nov 16, 2017 8:21 am
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 102
Views: 5400

Re: Tipping in living wage state. Redux.

Maybe my sarcasm meter is broken because I'm having a very difficult time getting a read on this response. That's an unavoidable question for anybody who suggests they tip because they believe servers are underpaid, and I have a difficult time taking anybody seriously who says they tip everybody th...
by KyleAAA
Wed Nov 15, 2017 4:44 pm
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 102
Views: 5400

Re: Tipping in living wage state. Redux.

Going in and not tipping because you think the waiters are adequately paid as is, is like trying to pay only 80% of the bill because you think the menu is 20% overpriced. No it isn't, because there is no explicit quid pro quo. I tip because I believe waitstaff are underpaid. If they receive an hour...
by KyleAAA
Wed Nov 15, 2017 2:48 pm
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 102
Views: 5400

Re: Tipping in living wage state. Redux.

Going in and not tipping because you think the waiters are adequately paid as is, is like trying to pay only 80% of the bill because you think the menu is 20% overpriced. No it isn't, because there is no explicit quid pro quo. I tip because I believe waitstaff are underpaid. If they receive an hour...
by KyleAAA
Wed Nov 15, 2017 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 179
Views: 14437

Re: Why pay cash for a car?

The prices that you can find online may or may not be close to what the dealer pays at any given point in time. Dealers and car manufacturers do not give away money with zero percent financing. It gets wrapped into the price. If you'll read carefully, you'll notice those 0% promotional rates were S...
by KyleAAA
Wed Nov 15, 2017 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 179
Views: 14437

Re: Why pay cash for a car?

Those 0% loans are only on new cars and new car values drop $5,000-$10,000 the second you drive the vehicle off the dealer lot. You might "make" $500 over five years vs. paying cash, but with financing you lost $5,000 instantly and the car only keep depreciating. Used car rates are 4%-8% depending ...
by KyleAAA
Wed Nov 15, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 179
Views: 14437

Re: Why pay cash for a car?

When negotiating a price, the dealer will take into account whether you are paying cash or financing. You will pay for a below-market finance rate in the sale price of the car. This is not at all true. Here's how it actually works. For MANUFACTURER financing you often (but not always) give up a reb...
by KyleAAA
Tue Nov 14, 2017 1:51 pm
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 102
Views: 5400

Re: Tipping in living wage state. Redux.

I usually tip in the 20-22% range but I'd probably lower my tip to 15% if I knew they were making $15/hr. For me, the fact that they aren't making a living hourly wage is the main reason I tip. If that reason changes, so will my behavior.
by KyleAAA
Tue Nov 14, 2017 1:48 pm
Forum: Investing - Theory, News & General
Topic: P/E ratio only 18??
Replies: 8
Views: 842

Re: P/E ratio only 18??

Are you referring to Forward PE?
by KyleAAA
Sun Nov 12, 2017 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 179
Views: 14437

Re: Why pay cash for a car?

You can often get a better deal financing because dealerships get a kickback for arranging it and are universally willing to split it with you. If the dealer knows you’re paying cash it weakens your negotiating position, so the quoted rate is further subsidized in that sense.
by KyleAAA
Sat Nov 11, 2017 6:15 pm
Forum: Investing - Theory, News & General
Topic: Should you own only non-U.S. stocks?
Replies: 63
Views: 6139

Re: Should you own only non-U.S. stocks?

No. Same answer for if you should own only US stocks. The end.
by KyleAAA
Sat Nov 11, 2017 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Buying bitcoin / Cryptocurrency to market cap (.3%)
Replies: 42
Views: 3101

Re: Buying bitcoin / Cryptocurrency to market cap (.3%)

Just to buy and Hold? Definitely not. These are currencies, not productive assets. If you've figured out how to do some sort of carry trade with crypto currencies then maybe I guess, but for 0.3% why would you bother?
by KyleAAA
Fri Nov 10, 2017 5:58 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Slaughtering The High Dividend Sacred Cow
Replies: 192
Views: 12977

Re: Larry Swedroe: Slaughtering The High Dividend Sacred Cow

Again as oft pointed out Revenue, Profits, Earnings are what the accountants say they are. Dividends mostly (leverage fiddling excepted) are real money. Believe Enron paid nil dividends ? It is not uncommon for companies to take on debt in order to pay dividends. They don't seem any less vulnerable...
by KyleAAA
Tue Nov 07, 2017 6:03 pm
Forum: Personal Consumer Issues
Topic: Negotiating for a new car purchase
Replies: 85
Views: 6606

Re: Negotiating for a new car purchase

But on normal to high average demand cars it is possible to pay lower than average cost by buying remote via email and phone. There are also certain days of the month and quarter when dealers will sell even very high demand cars at near cost if necessary just to move them that day. I agree it's pos...
by KyleAAA
Tue Nov 07, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: Negotiating for a new car purchase
Replies: 85
Views: 6606

Re: Negotiating for a new car purchase

Wasting time and effort is sitting in a car dealership like a noob while the entire sales crew runs its standard routine on you. Negotiating effectively requires leverage, and a car buyer has little leverage while they are sitting at the dealer. And the longer they sit there the less leverage they ...
by KyleAAA
Tue Nov 07, 2017 9:39 am
Forum: Personal Consumer Issues
Topic: Negotiating for a new car purchase
Replies: 85
Views: 6606

Re: Negotiating for a new car purchase

Wasting time and effort is sitting in a car dealership like a noob while the entire sales crew runs its standard routine on you. Negotiating effectively requires leverage, and a car buyer has little leverage while they are sitting at the dealer. And the longer they sit there the less leverage they ...
by KyleAAA
Mon Nov 06, 2017 6:25 pm
Forum: Personal Consumer Issues
Topic: Negotiating for a new car purchase
Replies: 85
Views: 6606

Re: Negotiating for a new car purchase

In general, dealerships won't reply seriously to people who make requests over email because most such people are not serious and are a waste of time. You'll tend to get the best deal in person unless you're a horrible negotiator and don't do any research. The email game used to work reasonably wel...
by KyleAAA
Mon Nov 06, 2017 5:47 pm
Forum: Personal Consumer Issues
Topic: Negotiating for a new car purchase
Replies: 85
Views: 6606

Re: Negotiating for a new car purchase

In general, dealerships won't reply seriously to people who make requests over email because most such people are not serious and are a waste of time. You can combat this by looking at their website and referencing a specific vehicle currently on their lot (give them the VIN) and asking for an OTD p...
by KyleAAA
Mon Nov 06, 2017 3:34 pm
Forum: Personal Consumer Issues
Topic: Climate controlled cars - Useful or Useless?
Replies: 49
Views: 2104

Re: Climate controlled cars - Useful or Useless?

I find it useful. It works just like a home thermostat.
by KyleAAA
Sat Nov 04, 2017 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in index funds at this moment
Replies: 50
Views: 3636

Re: Investing in index funds at this moment

But what if someone is 67 years old, a year away from retirement and with lots of cash on the sidelines. Shouldn't that make someone leery of putting this money at risk after this historic run up in stock prices? What exactly is historic about it? Your usage of the word “historic” implies this hasn...
by KyleAAA
Tue Oct 31, 2017 12:07 pm
Forum: Investing - Theory, News & General
Topic: Global Market Portfolio as a single ETF?
Replies: 28
Views: 1721

Re: Global Market Portfolio as a single ETF?

Grasshopper wrote:
Tue Oct 31, 2017 11:29 am
GAA, 27 stocks, VT, 7,974 stocks, like comparing the Dow 40 to the S&P 500.
GAA is a fund of funds. It owns VTI and several other broad-market Vanguard ETFs among its holdings. It's likely significantly more diversified than VT.

Edit: looks like nisiprius beat me to it.
by KyleAAA
Mon Oct 30, 2017 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: My fear about buying a house justified?
Replies: 72
Views: 6113

Re: My fear about buying a house justified?

Your fears aren’t unfounded but I think you’re giving them more weight than they objectively deserve. Bogleheads tend to be conservative to a fault, but 4x income in a HCOL area is entirely reasonable and people do it every day . Is there a way for you to make more money working full time? If you c...
by KyleAAA
Mon Oct 30, 2017 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Inheritance and Joint account with Siblings
Replies: 44
Views: 1826

Re: Inheritance and Joint account with Siblings

Why not option 1 and then turn around and each of you open your own account and invest in the same fund? What possible advantage could you gain by opening a joint account? Option 1 is better in every conceivable way. Option 2 is a horrible idea. This is a no brainer.
by KyleAAA
Sat Oct 28, 2017 8:42 am
Forum: Personal Finance (Not Investing)
Topic: My fear about buying a house justified?
Replies: 72
Views: 6113

Re: My fear about buying a house justified?

Your fears aren’t unfounded but I think you’re giving them more weight than they objectively deserve. Bogleheads tend to be conservative to a fault, but 4x income in a HCOL area is entirely reasonable and people do it every day. Is there a way for you to make more money working full time? If you cou...
by KyleAAA
Thu Oct 26, 2017 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Is it ok to have 100% stocks, 15 years+
Replies: 97
Views: 8443

Re: Is it ok to have 100% stocks, 15 years+

I find it funny how index investors compare only capital appreciation and leave out the 4 other ways real estate pays the investor. I don't believe that is the case. We get it, you like real estate. But equities HAVE been the most rewarding major asset class over the very long term. That is not a f...
by KyleAAA
Thu Oct 26, 2017 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Is it ok to have 100% stocks, 15 years+
Replies: 97
Views: 8443

Re: Is it ok to have 100% stocks, 15 years+

I find it funny how index investors compare only capital appreciation and leave out the 4 other ways real estate pays the investor. I don't believe that is the case. We get it, you like real estate. But equities HAVE been the most rewarding major asset class over the very long term. That is not a f...
by KyleAAA
Thu Oct 26, 2017 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Is it ok to have 100% stocks, 15 years+
Replies: 97
Views: 8443

Re: Is it ok to have 100% stocks, 15 years+

I find it funny how index investors compare only capital appreciation and leave out the 4 other ways real estate pays the investor. I don't believe that is the case. We get it, you like real estate. But equities HAVE been the most rewarding major asset class over the very long term. That is not a f...
by KyleAAA
Tue Oct 24, 2017 2:22 pm
Forum: Investing - Theory, News & General
Topic: Building very high net worth
Replies: 81
Views: 8281

Re: Building very high net worth

I respectfully disagree. While I agree that correlation is not same as causation, of 400+ people I know professionally, not a single person with regular white color job (even several physicians - unless they owned the practice or part of it) seem to have achieved $12 million net worth. But everyone...
by KyleAAA
Mon Oct 23, 2017 3:31 pm
Forum: Investing - Theory, News & General
Topic: Long term viability of Real Estate as an asset class
Replies: 38
Views: 3247

Re: Long term viability of Real Estate as an asset class

Nore sure what other things you conjured up in your head or why. Maybe because you said this? If you want to invest in real estate, don't give all the control to someone and something else. Good luck! Refer to my other post(s) in this thread for a list of reasons why it is more compelling to invest...
by KyleAAA
Mon Oct 23, 2017 1:24 pm
Forum: Investing - Theory, News & General
Topic: When one reaches the 1 million mark what to do with all the money?
Replies: 33
Views: 6287

Re: When one reaches the 1 million mark what to do with all the money?

OP's question about hacking is the only one that really worries me much. If I had $5 million (I don't yet) I would likely want to spread my money around at different brokerages i.e. IRAs at Vanguard, taxable at Schwab. Two factor authentication is just too easily defeated to rely on alone. In terms...
by KyleAAA
Mon Oct 23, 2017 1:21 pm
Forum: Investing - Theory, News & General
Topic: Long term viability of Real Estate as an asset class
Replies: 38
Views: 3247

Re: Long term viability of Real Estate as an asset class

REITs are not 'investing in real estate'. You have zero control over your investment (just like with stocks or mutual funds). Good real eatate investors make money in a up, down, and sideways market, using both passive and active approaches in real estate. REITs are investing in paper, not real est...
by KyleAAA
Mon Oct 23, 2017 11:49 am
Forum: Investing - Theory, News & General
Topic: After Market Beta’s Long Run Do you Consider Diversifying Into Other Factors?
Replies: 31
Views: 2143

Re: After Market Beta’s Long Run Do you Consider Diversifying Into Other Factors?

Is it possible that returns from factors are simply explained by excess risk? For example, some could argue that small cap stocks are more risky and therefore over the long run have higher expected returns in exchange for the investor having to suffer through that higher volatility. Yes. In fact, t...
by KyleAAA
Mon Oct 23, 2017 11:37 am
Forum: Investing - Theory, News & General
Topic: Long term viability of Real Estate as an asset class
Replies: 38
Views: 3247

Re: Long term viability of Real Estate as an asset class

REITs are not 'investing in real estate'. You have zero control over your investment (just like with stocks or mutual funds). Good real eatate investors make money in a up, down, and sideways market, using both passive and active approaches in real estate. REITs are investing in paper, not real est...
by KyleAAA
Mon Oct 23, 2017 11:34 am
Forum: Personal Consumer Issues
Topic: Favorite HIIT Workouts
Replies: 24
Views: 1665

Re: Favorite HIIT Workouts

Burpees, kettlebell, and sprinting uphill are my 3 faves. Or at least they were back when I was in top shape.
by KyleAAA
Mon Oct 23, 2017 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Is it ok to have 100% stocks, 15 years+
Replies: 97
Views: 8443

Re: Is it ok to have 100% stocks, 15 years+

Yes, it's okay if your need, ability, and willingness to take risk call for 100% stocks. It is also true that people tend to systematically over-estimate their risk tolerance if they haven't lived through a big bear market.
by KyleAAA
Sun Oct 22, 2017 7:30 pm
Forum: Personal Consumer Issues
Topic: Experian Dark Web scan
Replies: 36
Views: 4251

Re: Experian Dark Web scan

Maybe not quite the same thing but you can sign up for “Have I been pwned” that tells you if your email (and applicable password) has been part of a nationwide hack and is floating out there on various lists. Do we know if signing up for that is safe? ie how do we know that itself is not just anoth...
by KyleAAA
Sun Oct 22, 2017 7:22 pm
Forum: Investing - Theory, News & General
Topic: When one reaches the 1 million mark what to do with all the money?
Replies: 33
Views: 6287

Re: When one reaches the 1 million mark what to do with all the money?

OP's question about hacking is the only one that really worries me much. If I had $5 million (I don't yet) I would likely want to spread my money around at different brokerages i.e. IRAs at Vanguard, taxable at Schwab. Two factor authentication is just too easily defeated to rely on alone. In terms...
by KyleAAA
Sun Oct 22, 2017 7:20 pm
Forum: Personal Consumer Issues
Topic: Experian Dark Web scan
Replies: 36
Views: 4251

Re: Experian Dark Web scan

I can save you the trouble: yes, your info is out there.
by KyleAAA
Sun Oct 22, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: When one reaches the 1 million mark what to do with all the money?
Replies: 33
Views: 6287

Re: When one reaches the 1 million mark what to do with all the money?

OP's question about hacking is the only one that really worries me much. If I had $5 million (I don't yet) I would likely want to spread my money around at different brokerages i.e. IRAs at Vanguard, taxable at Schwab. Two factor authentication is just too easily defeated to rely on alone. In terms ...
by KyleAAA
Sat Oct 21, 2017 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 164
Views: 14913

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Need, no. But it would be nice to have low-cost DFA access. The principles of tax efficient investing are relatively straightforward: total market index funds in taxable as well as small/value if you tilt (true small/value, not VBR), everything else in tax-advantaged. If you must, muni bonds in taxa...
by KyleAAA
Fri Oct 20, 2017 10:13 am
Forum: Personal Consumer Issues
Topic: Mercedes Benz E300 Navigation System
Replies: 35
Views: 1561

Re: Mercedes Benz E300 Navigation System

Many native systems are pretty good but they often can't take current traffic into account like Google Maps. They often come with outdated maps from the factory but you can usually easily update them for free (within 3 years of purchase for Mazdas).
by KyleAAA
Thu Oct 19, 2017 1:34 pm
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 64
Views: 5663

Re: Is a crash coming soon?

I am extremely confident in my prediction that a crash will probably happen at some point in the future.
by KyleAAA
Thu Oct 19, 2017 12:38 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 135
Views: 10695

Re: anyone else not liking the new cars?

I was looking to replace my 07 lexus es350 with 195,000 miles on it and have decided to keep it another year or two. In my opinion the new es350 lexus grill is hideous and they have what is basically a mouse to use the navigation. The nav also has voice commands but with the front end, the mouse an...
by KyleAAA
Wed Oct 18, 2017 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is a doctor's practice one of the safest and most profitable businesses?
Replies: 58
Views: 3716

Re: Is a doctor's practice one of the safest and most profitable businesses?

I wouldn't think so. I would think software would be among the most profitable generic lines of business.
by KyleAAA
Tue Oct 17, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 68
Views: 7179

Re: Vanguard expects "decent sized correction" soon

A "decent sized correction" at "some point." Really stepping out on a limb there, Vanguard.
by KyleAAA
Mon Oct 16, 2017 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Giving Less in Dividends than Competitors?
Replies: 13
Views: 2190

Re: Vanguard Giving Less in Dividends than Competitors?

Ignore dividends, they are irrelevant. Compare total returns over the long term.
by KyleAAA
Sat Oct 14, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 468
Views: 56304

Re: Quicken's future direction - a cause for concern

The transition to a SaaS subscription model for software like this is unstoppable.