Search found 220 matches

by tea_pirate
Thu May 28, 2020 7:25 am
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 174
Views: 13778

Re: If Jeep has such poor reliability, how come they are everywhere?

I'm sorry, I think you are just stereotyping wildly without any real data, at least with respect to the issue at hand, why do people buy Jeeps. For one thing, you are -- I'm being gentle -- basking in the belief that as part of the boglehead tribe , you understand all these things a lot better than...
by tea_pirate
Thu May 28, 2020 6:45 am
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 174
Views: 13778

Re: If Jeep has such poor reliability, how come they are everywhere?

I gave a counterexample, to demonstrate why generalization is often wrong. The only information you gave relevant to why people buy Jeeps (which has zero relationship with people buying too much car, the average length of car loans, etc), is this "From JD Power, 10% of drivers "completely agree" th...
by tea_pirate
Wed May 27, 2020 3:24 pm
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 174
Views: 13778

Re: If Jeep has such poor reliability, how come they are everywhere?

I'm sorry, I think you are just stereotyping wildly without any real data, at least with respect to the issue at hand, why do people buy Jeeps. For one thing, you are -- I'm being gentle -- basking in the belief that as part of the boglehead tribe , you understand all these things a lot better than...
by tea_pirate
Wed May 27, 2020 12:41 pm
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 174
Views: 13778

Re: If Jeep has such poor reliability, how come they are everywhere?

I'm still trying to understand how tea_pirate and fishmonger know exactly why everybody that buys a Jeep makes that choice. Are all Jeep owners IQ challenged? And constantly worrying about their status? There are lots and lots of cars people buy that I look at and think "why did they buy that car?"...
by tea_pirate
Wed May 27, 2020 11:09 am
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 174
Views: 13778

Re: If Jeep has such poor reliability, how come they are everywhere?

The Grand Cherokee and Compass are a "Land Rover Lite" for middle class Americans who blow all their money on stuff to try and project the image that they're a couple rungs higher on the class ladder. "It's a Jeep thing" is just a Dunning-Krugerism that marketers came up with and preys on humans' t...
by tea_pirate
Wed May 27, 2020 9:28 am
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 174
Views: 13778

Re: If Jeep has such poor reliability, how come they are everywhere?

The Grand Cherokee and Compass are a "Land Rover Lite" for middle class Americans who blow all their money on stuff to try and project the image that they're a couple rungs higher on the class ladder. "It's a Jeep thing" is just a Dunning-Krugerism that marketers came up with and preys on humans' t...
by tea_pirate
Wed May 27, 2020 6:49 am
Forum: Personal Consumer Issues
Topic: Tea supplier comparison
Replies: 74
Views: 5787

Re: Tea supplier comparison

One other comment.... I have found that the smaller loose tea providers , in general, are far superior to the larger corporate providers. If they sell it in supermarkets, you can probably do better than that , and you may or may not wind up paying more. (you probably will, but sometimes not, and a ...
by tea_pirate
Sun May 24, 2020 10:34 am
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 174
Views: 13778

Re: If Jeep has such poor reliability, how come they are everywhere?

The Grand Cherokee and Compass are a "Land Rover Lite" for middle class Americans who blow all their money on stuff to try and project the image that they're a couple rungs higher on the class ladder. "It's a Jeep thing" is just a Dunning-Krugerism that marketers came up with and preys on humans' te...
by tea_pirate
Fri May 22, 2020 8:47 am
Forum: Personal Consumer Issues
Topic: What kind of sunglasses?
Replies: 107
Views: 6426

Re: What kind of sunglasses?

I like Spy Optic for a reasonably priced, quality brand that is NOT Luxottica. I also like that Spy offers non-polarized versions of all their lenses. This is a stark contrast to the "POLARIZE EVERYTHING" fetishists like Maui Jim. I like the look of their shades, but I'll never buy a pair because I ...
by tea_pirate
Tue May 19, 2020 12:44 pm
Forum: Investing - Theory, News & General
Topic: Dr. Malkiel: “I believe that investors need to put more China into their portfolios“
Replies: 138
Views: 9226

Re: Dr. Malkiel: “I believe that investors need to put more China into their portfolios“

abuss368 wrote:
Tue May 19, 2020 10:00 am
With respect to Dr. Malkiel, his recommendations and advice appear to have changed and evolved over the years.
In your current or former profession, do you not change beliefs or best practices based on new information, research, or career experience?
by tea_pirate
Tue May 19, 2020 12:26 pm
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 42095

Re: Why international?

Jack Bogle said some dumb stuff one day and boom, Company A is all you need and that's that. bgf - Wow! I honestly don't even know how to take that comment or respond considering this forum is "Investing Advice Inspired by Jack Bogle". I am removing myself from any further responses to messages lik...
by tea_pirate
Thu May 14, 2020 9:19 am
Forum: Personal Consumer Issues
Topic: Peloton Treadmill: Anyone here own one..,,
Replies: 59
Views: 4952

Re: Peloton Treadmill: Anyone here own one..,,

At the same time, if you can afford it and wifey wants a Peloton then maybe the $3k difference isn't worth buying her an "inferior" less socially acceptable treadmill. That's really the gist of it. We have the Peloton bike. In my opinion it's overpriced, though not necessarily overrated. Luckily we...
by tea_pirate
Wed May 13, 2020 4:33 pm
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 42095

Re: Why international?

Could one imagine if all the international threads and debates were combined into one thread? I do wonder why there's 3 or 4 on the front page right now. I'm tired of seeing them. It's the same people, arguing the same things in bad faith because nobody is interested in anything other than reinforc...
by tea_pirate
Wed May 13, 2020 12:53 pm
Forum: Investing - Theory, News & General
Topic: New era for TSP "I" Fund?
Replies: 119
Views: 17386

Re: New era for TSP "I" Fund?

Isn't owning international in taxable just as tax efficient as in the TSP? If so why do you all care? You can easily buy some emerging market etfs to supplement the Tsp, right? Or just buy international outside the TSP in a taxable account? Help me out in understanding why this matters. Not everyon...
by tea_pirate
Wed May 13, 2020 9:30 am
Forum: Investing - Theory, News & General
Topic: New era for TSP "I" Fund?
Replies: 119
Views: 17386

Re: New era for TSP "I" Fund?

I just received this Federal Register notice. The Federal Retirement Thrift Investment Board will meet this morning at 10:00 am eastern time to discuss "Investment Policy Review." There's no more information about the subject other than those three words. Perhaps it will be about the future of the ...
by tea_pirate
Tue May 12, 2020 10:28 am
Forum: Investing - Theory, News & General
Topic: Ben Felix - How to Retire Early (The 4% Rule)
Replies: 221
Views: 15836

Re: Ben Felix - How to Retire Early (The 4% Rule)

Interesting how he even admits that 40 years still has close to 90% success rate. For most retirees, that’s pretty good. I personally am comfortable with anything above 70 to 80% on firecalc. In the video he references early retirement now analysis. With a 75/25 Portfolio, there really is excellent...
by tea_pirate
Sun May 10, 2020 8:41 am
Forum: Investing - Theory, News & General
Topic: [Are American markets likely to outperform INTL]
Replies: 237
Views: 16317

Re: [Are American markets likely to outperform INTL]

I think you've nailed it, Teabagger: Those that invest internationally are simply Superior Beings. Weaker returns, but intellectually superior. Gotcha. Have a beer, you certainly deserve it. :sharebeer If you're a boomer with maybe 10 years left on a good day (as your avatar would suggest), then in...
by tea_pirate
Sun May 10, 2020 8:01 am
Forum: Investing - Theory, News & General
Topic: [Are American markets likely to outperform INTL]
Replies: 237
Views: 16317

Re: [Are American markets likely to outperform INTL]

US-only investors are like the anti-vaxxers of Bogleheads. They just repeat the same 5 tired points that have been thoroughly debunked as red herrings used to backwardly justify their performance chasing. Then when too many of the pro-world-market-cap people find the thread and start dismantling al...
by tea_pirate
Sun May 10, 2020 7:00 am
Forum: Investing - Theory, News & General
Topic: [Are American markets likely to outperform INTL]
Replies: 237
Views: 16317

Re: [Are American markets likely to outperform INTL]

US-only investors are like the anti-vaxxers of Bogleheads. They just repeat the same 5 tired points that have been thoroughly debunked as red herrings used to backwardly justify their performance chasing. Then when too many of the pro-world-market-cap people find the thread and start dismantling all...
by tea_pirate
Sat May 09, 2020 9:06 am
Forum: Investing - Theory, News & General
Topic: New era for TSP "I" Fund?
Replies: 119
Views: 17386

Re: New era for TSP "I" Fund?

Keep in mind that the current I fund already forms the bulk of a more complete total international index (about 2/3rds). It can be supplemented by emerging market, international small, and Canada/Korea (if desired) funds in an IRA or other non-TSP account to effectively provide a total internationa...
by tea_pirate
Fri May 08, 2020 7:39 am
Forum: Personal Consumer Issues
Topic: iPad.. worth it?
Replies: 49
Views: 3254

Re: iPad.. worth it?

What's wrong with a Fire tablet? Under a 100 bucks, basically a big Android phone With so many Amazon bloatware, and limited android apps? No thanks. I have tried it before and returned it Fire HD 10 tablets work brilliantly if you spent 20 minutes searching to figure out: 1. How to sideload the Go...
by tea_pirate
Thu May 07, 2020 6:35 am
Forum: Personal Investments
Topic: Please help me get out of international
Replies: 64
Views: 3497

Re: Please help me get out of international

Keep your international. I don’t get the performance chasing and I REALLY don’t get the rah rah for performance chasing. +1 I don't get it either. See above. It's like they give each other virtual high fives for selling low and buying high/performance chasing. See above. Almost nobody comes on the ...
by tea_pirate
Tue May 05, 2020 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: [thinking about buying a house in LA, wait for RE crash?]
Replies: 66
Views: 4745

Re: do you expect there to be a housing market crash? If so, when?

For what it is worth, zillow is already predicting 2-3% decline this year. 100,000 or more reduced pool of renters and home owners. (may hit 200,000) Estates sales will bring down comps. i.e. great grandson liquidating grandma's 1.9M California home SALT still dead 10,000 boomers turning 65 each da...
by tea_pirate
Tue May 05, 2020 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Taking a pay cut to get off work earlier?
Replies: 30
Views: 1695

Re: Taking a pay cut to get off work earlier?

I'd do it if you're "ahead of the curve" in saving for retirement. I'm in engineering. I took a $10k/year paycut by moving from a job with mandatory (paid) overtime to one with none. Got me back about 6 weekends per year. I also knocked my commute down by 2/3 and I'm out of the door at 3:30 every da...
by tea_pirate
Thu Apr 16, 2020 8:56 am
Forum: Investing - Theory, News & General
Topic: Airbnb getting hit?
Replies: 50
Views: 4760

Re: Airbnb getting hit?

They're supposed to be the victims now after inflating the housing market through decades of enacting NIMBYism to entrench their own positions, and until recently were sitting back with an "I got mine" mentality? NIMBYism is the reason for high housing prices? I always thought it had more to do wit...
by tea_pirate
Wed Apr 15, 2020 6:54 am
Forum: Investing - Theory, News & General
Topic: Airbnb getting hit?
Replies: 50
Views: 4760

Re: Airbnb getting hit?

Too bad, so sad, that's the "risk" aspect of their decision to invest in real estate materializing right there. While I understand this is the populist opinion after reading this thread, I would still suggest you be careful how far you take this mentality. Others could use the same logic to say tha...
by tea_pirate
Wed Apr 15, 2020 5:49 am
Forum: Investing - Theory, News & General
Topic: Airbnb getting hit?
Replies: 50
Views: 4760

Re: Airbnb getting hit?

I must say that I am rather shocked to see widespread support for Airbnb, a vast multi billion dollar enterprise, over much smaller mainly local landlords. It seems that most of the people that demand refunds in their time of need also demand that those refunds come at the expense of others who als...
by tea_pirate
Fri Mar 27, 2020 5:54 am
Forum: Personal Investments
Topic: The Coming Baby Boom?
Replies: 48
Views: 2083

Re: The Coming Baby Boom?

Not sure, alot of people lost jobs and cant afford it, america is broke My experience says this is not math that people do, and of course is also an inaccurate statement. It's not math that most of the current people having kids do. That doesn't mean that it isn't math that all Americans of childbe...
by tea_pirate
Fri Mar 27, 2020 5:42 am
Forum: Personal Investments
Topic: The Coming Baby Boom?
Replies: 48
Views: 2083

Re: The Coming Baby Boom?

I'm a millennial. We're both 26 and still won't be having kids anytime soon due to the expected cost. Despite us mostly wanting kids eventually, I could certainly see that getting pushed off to "never" as the cost of childcare continues to rise. Our household income is $200k and it feels like a choi...
by tea_pirate
Mon Mar 23, 2020 11:08 am
Forum: Investing - Theory, News & General
Topic: Young people: Only thing that matters now is maintaining income
Replies: 30
Views: 3291

Re: Young people: Only thing that matters now is maintaining income

A friend of mine who was an attorney in a very wealthy Connecticut community told me that many of her clients who lived in great splendor were only a month or two of unemployment away from financial ruin because everything they owned was heavily financed. In 2008 a lot of those people lost everythi...
by tea_pirate
Sun Mar 22, 2020 1:48 pm
Forum: Investing - Theory, News & General
Topic: Sure wish Larry was here to opine
Replies: 27
Views: 3611

Re: Sure wish Larry was here to opine

He's been clear that he doesn't like the vibe around here, so I wouldn't hold my breath. The good news is he's still publishing. There's certainly been an increase in toxicity on the Bogleheads forum over the past few years, probably in no small part due to importing dozens of Reddit users every da...
by tea_pirate
Sun Mar 22, 2020 1:41 pm
Forum: Investing - Theory, News & General
Topic: Statistics on timers in market crashes?
Replies: 103
Views: 5357

Re: Statistics on timers in market crashes?

Anyone who got out in this case and still has not entered, has likely won (will get in at a lower price than sold), but it was luck not skill. The real risk is the other 100 situations where people get out and there isn’t a crash at all. There are countless threads of people moving to cash in 2011;...
by tea_pirate
Sun Mar 22, 2020 9:53 am
Forum: Personal Investments
Topic: F.I.R.E. is over
Replies: 14
Views: 1380

Re: F.I.R.E. is over

I think the Millennial movement called F.I.R.E. "Financial Independence Retire Early" is finished. It was predicated on steady market returns that would allow one to retire for life at a young age. I think for more F.I.R.E. adherents, that scheme has run straight into Sequence of Returns risk. When...
by tea_pirate
Tue Mar 17, 2020 11:46 am
Forum: Personal Investments
Topic: I guess 100% stocks is right for me
Replies: 53
Views: 4194

Re: I guess 100% stocks is right for me

Like you I'm young (26) and 100% equities. My portfolio has dropped from $118k to $82k. Happy to report I'm staying the course, not really phased by this. It's been comforting to look at my $35k cash on hand between my emergency fund and the start of saving for a down payment. I'm trying to think ho...
by tea_pirate
Sat Feb 01, 2020 5:32 pm
Forum: Non-US Investing
Topic: Does Emerging Markets make sense?
Replies: 113
Views: 7400

Re: Does Emerging Markets make sense?

Welcome to the Bogleheads forum, where users will argue about the same 4 topics until they're blue in the face and everybody walks away convinced that they're right. OP has opened a particularly interesting can of worms. We have all the usual arguments from the weekly "USA #1 forever - international...
by tea_pirate
Sat Jan 04, 2020 8:29 am
Forum: Investing - Theory, News & General
Topic: Do Home Prices Really Drop During a Recession, or was 2009 a Fluke?
Replies: 42
Views: 3274

Re: Do Home Prices Really Drop During a Recession, or was 2009 a Fluke?

I believe 2009 really was an unprecedented event. Part of the whole reason the bubble blew up so big was that "housing never goes down" was the selling point. The other thing to consider is how bad the housing crash was. I cannot speak for Seattle, but in Florida there are homes that have still not...
by tea_pirate
Wed Nov 06, 2019 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Federal Dental and Vision insurance - Opt out?
Replies: 6
Views: 703

Re: Federal Dental and Vision insurance - Opt out?

I'm planning to cancel my GEHA dental this upcoming open season. I cancelled the vision plan last year. The plans just seem like a raw deal unless you have bad teeth. They're made worse by the fact that most FEHB plans cover some or all of preventative dental care. Last time I got a cleaning, my FEH...
by tea_pirate
Mon Nov 04, 2019 11:45 am
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 630
Views: 90308

Re: Flaunt Your High-Mileage Car

2015 Prius with 151,000 miles All maintenance to date: 15 oil changes 5 cabin/engine air filters 1 transmission fluid change 1 set of tires 1 set of spark plugs Still riding around on the OEM brakes. 8-) I'm coming down to my last few days of commuting over 100 miles per day. New job will be 100 mil...
by tea_pirate
Tue Oct 29, 2019 10:56 am
Forum: Personal Investments
Topic: [Employer Retirement Plan Change]
Replies: 49
Views: 4979

Re: No more Vanguard... wow

Annoying clickbait title.
by tea_pirate
Sun Oct 27, 2019 2:25 pm
Forum: Personal Consumer Issues
Topic: Is this new to engineering job hunting?
Replies: 33
Views: 4556

Re: Is this new to engineering job hunting?

Many engineering fields are not as in demand as many people believe or claim (and that goes doubly for the 0-2 years of experience crowd). Now combine that with the average kid graduating with a mid-5 figure student loan balance which means they need a job nearly ASAP after graduation to start makin...
by tea_pirate
Wed Oct 16, 2019 8:12 am
Forum: Personal Consumer Issues
Topic: Commuting dilemma
Replies: 34
Views: 2852

Re: Commuting dilemma

Keep the Lexus, you can get it to 250-300k easily. My relative did 200 miles per day in a 2008 (?) Lexus ES330. He ran it up to 350k miles with no major repairs required and then gave it to my sister because he wanted something new. It still ran well for a couple years after that. For those saying P...
by tea_pirate
Wed Oct 16, 2019 7:20 am
Forum: Personal Consumer Issues
Topic: Commuting dilemma
Replies: 34
Views: 2852

Re: Commuting dilemma

What occurs to me is figuring out how to not do this commuting. I think I would estimate you are adding 12 hours of work every week just commuting. You are also quadrupling your chances of being killed or injured in an auto accident. Traveling that many miles day in week in all year doesn't make a ...
by tea_pirate
Thu Oct 10, 2019 9:07 am
Forum: Personal Consumer Issues
Topic: My mechanic just wrecked my car - advice?
Replies: 101
Views: 8861

Re: My mechanic just wrecked my car - advice?

I'm amazed at the replies. 1. I would suggest NOT calling your own insurance company. Terrible advice, you can and will be dropped by your insurance company if you attempt to conceal an accident from them and they find out about it later. Wrong. The garage will have insurance that covers property t...
by tea_pirate
Thu Oct 10, 2019 6:58 am
Forum: Personal Consumer Issues
Topic: My mechanic just wrecked my car - advice?
Replies: 101
Views: 8861

Re: My mechanic just wrecked my car - advice?

NewbieBogle007 wrote:
Wed Oct 09, 2019 6:37 pm
I'm amazed at the replies.

1. I would suggest NOT calling your own insurance company.
Terrible advice, you can and will be dropped by your insurance company if you attempt to conceal an accident from them and they find out about it later.
by tea_pirate
Mon Sep 30, 2019 9:35 am
Forum: Investing - Theory, News & General
Topic: S&P indexes may never hold some unicorns. Thoughts?
Replies: 39
Views: 3759

Re: S&P indexes may never hold some unicorns. Thoughts?

The reality is that many individual stocks DO have a significant impact on index portfolios. Microsoft and Apple make up close to 10% of the SP500 all to themselves. 2 companies out of 500 drive nearly 10% of the returns for the most-tracked investing index. That's just the price you pay for follow...
by tea_pirate
Thu Sep 26, 2019 7:26 am
Forum: Personal Consumer Issues
Topic: Tips on 3D printing order/company?
Replies: 6
Views: 461

Re: Tips on 3D printing order/company?

Printing is easy and cheap. The difficult part is designing the STL object. Many people don't seem to understand this. Most of my friends/coworkers know that I have a 3D printer, so I will often get "hey can you print me X." Sure, just give me a 3D model and unless it's a huge print I'll do it for ...
by tea_pirate
Sat Sep 21, 2019 6:55 am
Forum: Personal Consumer Issues
Topic: Help! Bought new car and don't like it
Replies: 37
Views: 7036

Re: Help! Bought new car and don't like it

Cycle wrote:
Fri Sep 20, 2019 5:48 pm
Ride a bike for several weeks. You'll quickly realize cars are all the same and find car ads hilarious
Keep it up, cyclists are slowly passing vegans and crossfitters for the most universally hated lifestyle groups. :oops:
by tea_pirate
Tue Sep 17, 2019 3:23 pm
Forum: Personal Consumer Issues
Topic: Noise
Replies: 31
Views: 3259

Re: Noise

I would have a sudden desire to purchase and learn how to play the bagpipes. Preferably right in front of an open window that faces directly at your neighbor's house. When the people in the apartment below me would blast music late at night that I could hear through the floor while trying to sleep, ...
by tea_pirate
Tue Sep 17, 2019 9:38 am
Forum: Personal Finance (Not Investing)
Topic: I know you shouldn't try to time the market but what about the "housing market"?
Replies: 16
Views: 2378

Re: I know you shouldn't try to time the market but what about the "housing market"?

I think I would keep throwing my money away on rent until the price came to a level I was comfortable buying for. Never would be fine. Can easily buy now but currently waiting for more attractive deals. Leverage is fueling demand, specifically for entry level homes. I do not expect a 2008-esque cra...
by tea_pirate
Tue Sep 17, 2019 9:23 am
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 10063

Re: Do You Tip At Counter Service Restaurants?

With a $15 minimum wage I probably would not tip other than in exceptional circumstances if I was not waited upon. Except they still expect you to tip. http://www.seattlemag.com/article/guide-gratuity-new-15-hour-era Well, expectations derive from experience. That said, the article in seattlemag.co...