Search found 81 matches

by Brianmcg321
Sun Sep 15, 2019 8:28 am
Forum: Personal Consumer Issues
Topic: Stubborn water spots on car paint - help!
Replies: 12
Views: 575

Re: Stubborn water spots on car paint - help!

Wash
Clay
Compound
Polish
Wax


It can be a pretty big job, taking a weekend to complete but it's worth it. Or just pay a detailer.

Here is a video of a corvette paint restoration.

http://youtu.be/2Dkz0udbxAM
by Brianmcg321
Sun Sep 15, 2019 8:06 am
Forum: Personal Investments
Topic: Need help with 401K rollover company selection
Replies: 9
Views: 542

Re: Need help with 401K rollover company selection

There's no need to complicate it.

Keep everything at Vanguard.

Read the wiki about the three fund portfolio.

A simple portfolio is not only easy to manage, but will have lower fees, and a much higher return than if you let someone else manage it for you.

Take your time to educate yourself.
by Brianmcg321
Sat Sep 14, 2019 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 226
Views: 8449

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

Unfortunately most people are just dumb. They think if they are not able to do it, then nobody can.

If you went to the Mr Money Mustache forum, you'd be chastised for not saving 90% of your income. You'd be mr spendy pants in your clown house and your cable and not riding your bike to work.
by Brianmcg321
Sat Sep 14, 2019 10:42 am
Forum: Personal Investments
Topic: 401K-What funds should I pick
Replies: 13
Views: 729

Re: 401K-What funds should I pick

Read the thread and wiki on the three fund portfolio.

Your current allocation has a lot of overlap in the 500 and total index.

Past performance has no guarantee on future results.

Get your asset allocation right and forget it.
by Brianmcg321
Fri Sep 13, 2019 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: About to close on home and discovered Lien on home??
Replies: 25
Views: 3266

Re: About to close on home and discovered Lien on home??

You should call the owners every day and ask them for an update and what's taking so long? :D
by Brianmcg321
Fri Sep 13, 2019 8:14 am
Forum: Investing - Theory, News & General
Topic: Why the stock market may continue to go up
Replies: 7
Views: 1305

Re: Why the stock market may continue to go up

https://jlcollinsnh.com/2012/04/19/stocks-part-ii-the-market-always-goes-up/ If you were to look at a stock market chart it looks like we are now at the top of a high mountain. But in 30 years 2019 will look like its down in the valley. Everyone that stayed in the market will look down at 2019 and t...
by Brianmcg321
Fri Sep 13, 2019 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance vs Permanent Life
Replies: 26
Views: 1470

Re: Term Life Insurance vs Permanent Life

The answer is always TERM.

Everything else is garbage.
by Brianmcg321
Thu Sep 12, 2019 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: How many years for each $250k of net worth?
Replies: 36
Views: 5868

Re: How many years for each $250k of net worth?

Just use any investment calculator with a given rate of return and adding funds monthly. For example: Saving $1000 a month with an 8% return: First 250k will be reached by year 13 2nd 500k will be reached by year 19 3rd 750k will be reached by year 23 4th 1mil will be reached by year 26 Your next mi...
by Brianmcg321
Thu Sep 12, 2019 3:38 pm
Forum: Investing - Theory, News & General
Topic: UPDATE: Vanguard Target Date Fund almost always better than Edward Jones?
Replies: 36
Views: 2213

Re: UPDATE: Vanguard Target Date Fund almost always better than Edward Jones?

On average, and with all other things being equal, would those who choose a Vanguard Target Date fund, that matches the date they will need the money, almost always come out ahead of the average Edward Jones advising (assuming loads, fees, higher ERs, etc.)? I'll be a contrarian here, and say NO, a...
by Brianmcg321
Wed Sep 11, 2019 8:29 pm
Forum: Personal Investments
Topic: Too Late To Get Back Into Stocks?
Replies: 114
Views: 8609

Re: Too Late To Get Back Into Stocks?

Tariffs have been pushed back two weeks. Get ready for that 300 pt bump in the morning. Should have got in today. Maybe it will come down again.
by Brianmcg321
Wed Sep 11, 2019 11:26 am
Forum: Personal Investments
Topic: Using "dry powder" to buy the dips for a mostly buy-and-holder
Replies: 17
Views: 2797

Re: Using "dry powder" to buy the dips for a mostly buy-and-holder

Dry powder is just a drag on your return until you get it in the market.
by Brianmcg321
Wed Sep 11, 2019 7:23 am
Forum: Personal Investments
Topic: New To This, Just Read Bogle's Little Book of Common Sense Investing!
Replies: 10
Views: 1108

Re: New To This, Just Read Bogle's Little Book of Common Sense Investing!

Read the thread in the theory section on the three fund portfolio. Great stuff. Also check out this blog by JL Collins https://www.bogleheads.org/forum/viewtopic.php?f=10&t=88005 And the Bogleheads wiki has tons of great information. The simple way to get everything into a Bogleheads portfolio: 1. S...
by Brianmcg321
Tue Sep 10, 2019 9:05 pm
Forum: Personal Consumer Issues
Topic: Any Recourse for Poor Contractor Work (A/C Installation)
Replies: 28
Views: 1927

Re: Any Recourse for Poor Contractor Work (A/C Installation)

Cheez-It Guy wrote:
Tue Sep 10, 2019 7:55 pm
According to some other topics I’ve recently read, slightly reduce how much you tip them to demonstrate your displeasure.
Lol. Now that’s funny.
by Brianmcg321
Tue Sep 10, 2019 7:11 pm
Forum: Personal Consumer Issues
Topic: Lexus or Camry?
Replies: 34
Views: 3126

Re: Lexus or Camry?

I vote, sell your house and buy a Rolls Royce Wraith. :moneybag :moneybag :moneybag

Image
by Brianmcg321
Mon Sep 09, 2019 7:14 pm
Forum: Personal Consumer Issues
Topic: Negotiating on this Specific Truck
Replies: 20
Views: 2035

Re: Negotiating on this Specific Truck

For what it is worth, I thought I would post my results. Shopping on the internet is great but getting inside and test driving is another. I went with an F250 Diesel crewcab. They were not as heavily discounted off sticker as the F150's OR their stickers aren't jacked up and then discounted like th...
by Brianmcg321
Mon Sep 09, 2019 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: 21 Years Old - Trying to learn young!!
Replies: 21
Views: 1964

Re: 21 Years Old - Trying to learn young!!

Here you go.

Read all the links at the top of the page. It has a lot of information.

https://www.bogleheads.org/wiki/Main_Page

https://www.bogleheads.org/wiki/Outline_of_investing
by Brianmcg321
Mon Sep 09, 2019 12:40 pm
Forum: Personal Consumer Issues
Topic: Which streaming tv subscription without logo image?
Replies: 14
Views: 1045

Re: Which streaming tv subscription without logo image?

As far as I know all networks have that now. Having Roku or any other service won't make a difference.

Watching CNBC must drive you mad.
by Brianmcg321
Mon Sep 09, 2019 10:19 am
Forum: Personal Consumer Issues
Topic: Streaming basic TV with DVR
Replies: 25
Views: 2073

Re: Streaming basic TV with DVR

I have had Hulu live for about a month and love it. I considered sling, but you have to have an antenna to get local channels. Hulu live has the local channels. You need to check your location though as all locals may not be available. It's only $45 a month, compared to $120 for cable, and it has al...
by Brianmcg321
Sun Sep 08, 2019 9:55 am
Forum: Personal Investments
Topic: Is it a right time to start invest ?
Replies: 27
Views: 2528

Re: Is it a right time to start invest ?

Yes. Every day is the best day to start.
by Brianmcg321
Sun Sep 08, 2019 6:14 am
Forum: Personal Investments
Topic: Locating a good, unbiased “financial advisor”
Replies: 15
Views: 1509

Re: Locating a good, unbiased “financial advisor”

You could post their portfolio and you'd get a lot of great advice on how to simplify it.
by Brianmcg321
Sat Sep 07, 2019 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Obsessing about money and investing
Replies: 21
Views: 2139

Re: Obsessing about money and investing

Well, I can guarantee you a few things. There will be decades of low returns, but that's better than no return. The market IS going to tank. I just don't know when, sorry. You need to set your AA where you feel comfortable when those events happen. If you don't think you can handle the market tankin...
by Brianmcg321
Sat Sep 07, 2019 6:55 am
Forum: Personal Investments
Topic: Needing a second opinion on my new investment plan
Replies: 5
Views: 663

Re: Needing a second opinion on my new investment plan

I would not do bond for your age. I agree. OP, at your age and rate of savings, that's going to smooth the ride more than the bonds will. You should read some stuff by JL Collins. You can do a search for his blog, or on a dozen or so podcasts. Just keep plowing that money in and you'll have f-you m...
by Brianmcg321
Thu Sep 05, 2019 5:05 pm
Forum: Personal Investments
Topic: Does a FA make sense at a certain portfolio level?
Replies: 53
Views: 4072

Re: Does a FA make sense at a certain portfolio level?

If my portfolio was super large, I'd probably spend my money on a really good accountant over an FA.
by Brianmcg321
Thu Sep 05, 2019 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Beach City / Town in Florida
Replies: 56
Views: 5781

Re: Beach City / Town in Florida

My family and I spend a week every year in New Smyrna Beach. Great little town, with lots of great restaurants. If you get a house in the right location you may never need a car again.
by Brianmcg321
Thu Sep 05, 2019 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance -- Clueless and want to educate myself
Replies: 20
Views: 1284

Re: Life Insurance -- Clueless and want to educate myself

Here's a really basic question (thank you all so far). Do my spouse and I need to go in to get a physical ahead of them underwriting the policy? I'm not sure how they can quote the policies unless it's pending a physical? When my wife an I purchased 500k for both of us, a nurse came to our house to...
by Brianmcg321
Thu Sep 05, 2019 6:27 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance -- Clueless and want to educate myself
Replies: 20
Views: 1284

Re: Life Insurance -- Clueless and want to educate myself

Term. All other forms of life insurance only benefit the broker selling them.
by Brianmcg321
Thu Sep 05, 2019 5:03 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2595
Views: 1647696

Re: The Three-Fund Portfolio

In the near future, if we experience a worldwide recession and the US is no longer a superpower since China will have taken the number one position and the US is left without much industry at all, will this 3 fund portfolio or passive investing in the US market still hold up? I know that in the pas...
by Brianmcg321
Wed Sep 04, 2019 4:20 pm
Forum: Investing - Theory, News & General
Topic: Investing education
Replies: 14
Views: 909

Re: Investing education

Read this blog from star to finish: https://jlcollinsnh.com/manifesto/
by Brianmcg321
Wed Sep 04, 2019 9:06 am
Forum: Personal Finance (Not Investing)
Topic: I need help choosing which bank to use for a home equity loan and I'm naming names
Replies: 11
Views: 791

Re: I need help choosing which bank to use for a home equity loan and I'm naming names

There are a lot of credit cards that will give you 0% interest for up to a year on transfers of credit.

I would look into that first.
by Brianmcg321
Wed Sep 04, 2019 4:47 am
Forum: Personal Investments
Topic: $100k rebalancing issue
Replies: 3
Views: 697

Re: $100k rebalancing issue

No. If you'll be spending it soon, I would treat it as cash, and not consider it part of your long term portfolio.

If you end up not needing it, then add it to your portfolio.
by Brianmcg321
Wed Sep 04, 2019 3:57 am
Forum: Personal Finance (Not Investing)
Topic: 21 Years Old - Trying to learn young!!
Replies: 21
Views: 1964

Re: 21 Years Old - Trying to learn young!!

I would go over to Mr Money Mustache first before borrowing any more money to buy things. JL Collins blog A Simple Path to Wealth is a good start too. If I were in your shoes now this is what I would do. 0. Build up emergency fund $1k. 1. Pay off credit card and put it away so I don’t use it. 2. Imm...
by Brianmcg321
Tue Sep 03, 2019 12:52 pm
Forum: Investing - Theory, News & General
Topic: Does having children hurt net worth?
Replies: 47
Views: 1832

Re: Does having children hurt net worth?

All I know is, I have about $100,000 in My Little Pony figures. I'm going to send them to Vanguard to see if they can put them in my IRA.
by Brianmcg321
Tue Sep 03, 2019 10:43 am
Forum: Personal Investments
Topic: Possible to put too much into tax advantaged vs taxable?
Replies: 33
Views: 3532

Re: Possible to put too much into tax advantaged vs taxable?

I would say yes, if saving that much means living in a van down by the river. In your situation, I would take into account how much you may want to spend the money now, as in if you wanted to retire early, or buy a vacation house. But if you don’t feel you’ll need the money until your 59.5 then save...
by Brianmcg321
Sat Aug 31, 2019 10:24 am
Forum: Personal Consumer Issues
Topic: Negotiating on this Specific Truck
Replies: 20
Views: 2035

Re: Negotiating on this Specific Truck

Do you tow? I would want the EcoBoost if you tow anything with some weight. The V8 just doesn't have the snort. The ecoboost and V8 have almost the same HP. The ecoboost has a touch more torque. However in this test , they performed almost identical. The V8 got better gas mileage though. http://you...
by Brianmcg321
Sat Aug 31, 2019 5:57 am
Forum: Personal Finance (Not Investing)
Topic: Investing in my Company Stock Plan (ESPP) - is it worth it?
Replies: 39
Views: 2003

Re: Investing in my Company Stock Plan (ESPP) - is it worth it?

When people ask me at work, I always advise them to no participate in the company stock purchase plan. They always look surprised. I tell them " What if the company goes out of business? You lose your job,AND all that savings as the stock plummets." Well, recently our division of our company got sol...
by Brianmcg321
Fri Aug 30, 2019 10:35 am
Forum: Personal Consumer Issues
Topic: Vehicle idle stop-start when parking
Replies: 51
Views: 3190

Re: Vehicle idle stop-start when parking

It's a safety feature. It restarts the engine in park so you won't exit the vehicle, not hear the engine because it's not running, and then have it automatically restart after 60 seconds or whatever the maximum idle stop time is. You could have parked the car in an enclosed garage and have this hap...
by Brianmcg321
Fri Aug 30, 2019 9:51 am
Forum: Personal Investments
Topic: Young people with good earnings and still want to work do 100 equities
Replies: 44
Views: 4504

Re: Young people with good earnings and still want to work do 100 equities

I was 100% equities for about 20 years, from 25-45. I'm 46 now and just recently added about 20% bonds to my portfolio. I will adjust this to maybe 50% as I approach retirement, at 55, depending on how the market goes the next 10 years.
by Brianmcg321
Fri Aug 30, 2019 3:05 am
Forum: Personal Consumer Issues
Topic: Vehicle idle stop-start when parking
Replies: 51
Views: 3190

Re: Vehicle idle stop-start when parking

This is a safety feature. Too many people would leave their cars on when parking, because the engine shut off. They go inside and then the car would start idling on and off. There have been people that died from carbon monoxide poisoning that leaked into their house as they slept. Also, it ensure yo...
by Brianmcg321
Thu Aug 29, 2019 3:21 pm
Forum: Personal Investments
Topic: Warren buffet sits on cash
Replies: 44
Views: 5163

Re: Warren buffet sits on cash

He wanting to make sure to protect his SWR. :happy
by Brianmcg321
Thu Aug 29, 2019 11:53 am
Forum: Personal Investments
Topic: Emergency funds percentage & where to hold
Replies: 4
Views: 425

Re: Emergency funds percentage & where to hold

For my family we have about two months in a savings account and about 4-5 months worth in a money market account. Fifteen months worth sounds like a lot unless you feel you may be laid off at any moment.
by Brianmcg321
Thu Aug 29, 2019 5:05 am
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 619
Views: 58756

Re: Why are you NOT buying rental properties?

If I wanted a second job I would just become a bartender. Cash tips is where it's at.
by Brianmcg321
Tue Aug 27, 2019 3:15 pm
Forum: Personal Consumer Issues
Topic: Used Sports Car
Replies: 50
Views: 3070

Re: Used Sports Car

You can find nice C5 Corvettes now with low mileage. Lots of people wanting to get the new one.
by Brianmcg321
Wed Aug 21, 2019 7:55 am
Forum: Personal Finance (Not Investing)
Topic: advice for new grad daughter getting first apartment
Replies: 33
Views: 2252

Re: advice for new grad daughter getting first apartment

She needs a roommate that ISNT her boyfriend.
by Brianmcg321
Wed Aug 21, 2019 7:53 am
Forum: Personal Investments
Topic: 401k Rollover disaster
Replies: 31
Views: 2143

Re: 401k Rollover disaster

If he told the FA that he wanted to keep the corporate stock, but the FA sold it, because of the rollover, is there something the op can do legally to get his money back?
by Brianmcg321
Tue Aug 20, 2019 8:26 pm
Forum: Personal Investments
Topic: Fisher Investment solicitation
Replies: 27
Views: 2375

Re: Fisher Investment solicitation

I'm feeling a bit left out. I never get Fisher solicitations. I must be hiding my investments well.

I bet when an EJ rep walks by my house and sees the sun damaged 20yr old accord he keeps walking too. :D
by Brianmcg321
Tue Aug 20, 2019 6:34 am
Forum: Personal Investments
Topic: Invest vs pay off student loan in 1 year period
Replies: 43
Views: 2062

Re: Invest vs pay off student loan in 1 year period

From a NW perspective, the 401k is better. However, I still have the loan looming over me and there isn't a guaranteed return vs paying the loan. What other reasons would investing be the better option? If your assumed return proves correct, what other reasons would you need? The assumed return of ...