Search found 82 matches

by btq96r
Mon Mar 30, 2020 7:40 pm
Forum: Personal Consumer Issues
Topic: I think I may Cut the Cord - help me with phone
Replies: 16
Views: 763

Re: I think I may Cut the Cord - help me with phone

Aren't "landlines" through Comcast VoIP phones anyway?
by btq96r
Sun Mar 22, 2020 3:26 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 312
Views: 24877

Re: How to get Toilet Paper ? seriously.

Get a roll of shop towels, take a hacksaw to it and create a few rolls of good enough TP. Please don't dispose of shop towels in sewer lines or septic systems. They will not disintegrate, but instead clog sewer lines and clog sewage treatment plants. Oh, sorry, didn't think that needed clarifying. ...
by btq96r
Sat Mar 21, 2020 11:53 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 312
Views: 24877

Re: How to get Toilet Paper ? seriously.

Get a roll of shop towels, take a hacksaw to it and create a few rolls of good enough TP.
by btq96r
Sat Mar 21, 2020 11:51 pm
Forum: Investing - Theory, News & General
Topic: It's ok to do nothing
Replies: 20
Views: 2247

Re: It's ok to do nothing

I'm gonna do the same thing I do in any situation...keep throwing my after expense income into my funds along the standard allocation mix. I did it while the stocks were on their way up, I'll do it as they go down, and I'll do it as they eventually go up again. As I get older, I'll shift a little bi...
by btq96r
Fri Mar 20, 2020 2:22 pm
Forum: Investing - Theory, News & General
Topic: Where's Warren Buffett During This Crisis?
Replies: 103
Views: 12390

Re: Where's Warren Buffett During This Crisis?

I'd imagine he's keeping situational awareness through his networks, reading up on historical pandemics, and waiting for companies to be at the last step before having to file bankruptcy...that's when he's best positioned to move in on his terms and buy a controlling share at bargain cost for compan...
by btq96r
Fri Mar 20, 2020 12:27 pm
Forum: Investing - Theory, News & General
Topic: Bond Funds don't work in a crisis
Replies: 179
Views: 12259

Re: Bond Funds don't work in a crisis

Wait, wait...bonds and bond funds have varying degrees of risk, just like stocks? :shock:

/sarcasm
by btq96r
Fri Mar 20, 2020 12:16 pm
Forum: Investing - Theory, News & General
Topic: End of corporate stock buybacks??
Replies: 75
Views: 4363

Re: End of corporate stock buybacks??

The best way to stop stock buybacks is to increase the cost of capital (debt) that has been funding it. Fed's QE and ZIRP the major issue. Tweaks to the tax code that make buybacks punitive would work as well. Concurrently, we could think through a way to let capital retained in designated emergenc...
by btq96r
Thu Mar 12, 2020 1:17 pm
Forum: Investing - Theory, News & General
Topic: Why are bonds falling?
Replies: 236
Views: 5180

Re: Why are municipal bonds down 5% today?

Coronavirus will put a particular strain on local governments and institutions....upping credit risk for munis. ^^^This^^^ Cities are about to find out how financially solvent they really are. Emergency services alone are going to destroy the FY 2020 budget for densely populated areas if/when COVID...
by btq96r
Fri Mar 06, 2020 10:45 pm
Forum: Investing - Theory, News & General
Topic: Toilet Paper Hoarders = Shoeshine boy stock tips?
Replies: 41
Views: 2695

Re: Toilet Paper Hoarders = Shoeshine boy stock tips?

One of the bigger economic ripples of COVID-19 is going to be people missing work...that means supplies we always take for granted might not be hitting the shelves with regularity. Toilet paper is just one of those items that sucks to be without when the time comes. Buying it in bulk now is possibly...
by btq96r
Sat Feb 29, 2020 8:14 pm
Forum: Personal Investments
Topic: I bet the house. [Rebalanced portfolio to a 10/90 asset allocation]
Replies: 255
Views: 9889

Re: I bet the house.

happyisland wrote:
Sat Feb 29, 2020 3:52 pm
Reminds me of a great scene in one of my favorite tv shows of all time:

https://www.youtube.com/watch?v=Po4adxJxqZk
I had this scene in mind.

https://m.youtube.com/watch?v=9HVejEB5uVk
by btq96r
Fri Feb 28, 2020 6:32 pm
Forum: Personal Investments
Topic: Will recovery be possible?
Replies: 41
Views: 4719

Re: Will recovery be possible?

I hope the OP is trolling.
by btq96r
Fri Feb 28, 2020 5:49 pm
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 528
Views: 36520

Re: Anybody want to guess the bottom of this "dip"?

I think we'll hit a unofficial mini-recession. It'll only be one quarter of negative GDP growth, and the quarter thereafter will be positive, but anemic enough to feel like a recession because of unrealistic expectations about how quickly things should bounce back. As for the markets, I don't have a...
by btq96r
Fri Feb 28, 2020 4:51 pm
Forum: Personal Consumer Issues
Topic: Negotiating hospital PT bill
Replies: 36
Views: 3277

Re: Negotiating hospital PT bill

I agree with every word. It's not just patients who are in this predicament with the insurance companies. Oh the irony. Oh, yeah, I know the physicians are in the mix too...but they're in a far superior position to the patients (income and leverage) by having the work product (their practice of med...
by btq96r
Thu Feb 27, 2020 10:48 pm
Forum: Personal Consumer Issues
Topic: Negotiating hospital PT bill
Replies: 36
Views: 3277

Re: Negotiating hospital PT bill

The percentages are irrelevant regardless of whether or not you agree with them. The patient has signed a contract with the insurance (and so has the PT), and the rates have already been negotiated. Everyone is on board until suddenly the patient has to pay their part. We see this thread several ti...
by btq96r
Tue Feb 25, 2020 2:48 pm
Forum: Forum Issues and Administration
Topic: Forum is very slow?? is this just today?
Replies: 151
Views: 8669

Re: Forum is very slow?? is this just today?

All this talk about the coronavirus has given us the digital equivalent of it. :D
by btq96r
Tue Feb 25, 2020 2:47 pm
Forum: Personal Investments
Topic: What did you learn from the 2/24 sell off?
Replies: 327
Views: 21343

Re: What did you learn from the 2/24 sell off?

I learned that something akin to a recession could come sooner than we thought. Yesterday was a blip in the grand scheme (and not really a sell off), but I have very little confidence in companies to keep the growth gorge going at current levels. The shock to the system from the Coronavirus does not...
by btq96r
Tue Feb 25, 2020 2:45 pm
Forum: Personal Consumer Issues
Topic: Negotiating hospital PT bill
Replies: 36
Views: 3277

Re: Negotiating hospital PT bill

Everything not absolutely needing to be done in a hospital, tends to be more expensive in a hospital than it would elsewhere because of the "place of service" code still being a hospital. If that didn't make sense, don't worry, I've been working for a physicians group for three years and I still don...
by btq96r
Mon Feb 24, 2020 9:37 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3658
Views: 255562

Re: Coronavirus and the market

Since I'm in my late 30s and it's cold and flu season, I feel the normal steps of washing my hands with soap and water a bit more and investing any excess income after expenses each month while leaving a few K safely in checking and savings are the way to go here. I also got the flu shot, but I don'...
by btq96r
Fri Feb 21, 2020 1:25 pm
Forum: Personal Investments
Topic: Has Vanguard deteriorated?
Replies: 114
Views: 9714

Re: Has Vanguard deteriorated?

Been with Vanguard for almost 7 years now. Quite happy with all aspects. Their website suits my needs, the app is a great compliment to it, and I've had nothing but positive customer service interactions when I've called or sent a message. Their funds are also doing well by me. I've had no hesistati...
by btq96r
Wed Feb 19, 2020 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Paying "early" on mortgage may be unwise
Replies: 298
Views: 28919

Re: Paying "early" on mortgage may be unwise

When the day comes that I have a mortgage (37yrs old, currently growing up a 50% down payment through taxable accounts), I want it paid off sooner rather than later. Yes, I admit in some models I would be giving up some money, but the cash flow from a paid off house gives so much flexibility that I ...
by btq96r
Wed Feb 19, 2020 1:46 am
Forum: Personal Finance (Not Investing)
Topic: Prenup - Worth It?
Replies: 237
Views: 9898

Re: Prenup - Worth It?

Who marries someone they don't "trust"? He should trust her today if he wants to get married, otherwise it's just a huge red flag risk. But the OP is 27, his fiance is 25...they both have a lot of life left to change who they are today. The prenup is to protect them (mainly him, sure) if they chang...
by btq96r
Wed Feb 19, 2020 1:00 am
Forum: Personal Consumer Issues
Topic: Vanguard App
Replies: 16
Views: 1495

Re: Vanguard App

Just used the Android version; no issues. That would limit the problem to a version of iOS or Vanguard's app in the Apple store...not the Vanguard login servers.
by btq96r
Tue Feb 18, 2020 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Prenup - Worth It?
Replies: 237
Views: 9898

Re: Prenup - Worth It?

I was screaming in my head, "of course you get a prenup" on the title before I clicked open the thread. So, as I read the OP, that thought was validated six times over in a pico second. Hopefully you look back in 50 years and laugh at the thought of ever needing one. That's way better than looking b...
by btq96r
Tue Feb 18, 2020 11:54 am
Forum: Investing - Theory, News & General
Topic: Money for a house down payment
Replies: 4
Views: 503

Re: Money for a house down payment

A not too risky bond fund would be my recommendation if you're looking to keep par with inflation (VUBFX is where I stash some holding money for just such a purpose). If that's not a concern, and you need to be safe, money market account.
by btq96r
Mon Feb 17, 2020 2:15 am
Forum: Personal Consumer Issues
Topic: Which Rolex to get for DW?
Replies: 52
Views: 3919

Re: Which Rolex to get for DW?

Are any of those linked the ladies model of your own? Can have somewhat of a DIY couples set that way.

Also, yes, plenty of people will come tell you a Timex would be just as good. I'll take a different tact...you should have gone for an Omega. :D
by btq96r
Mon Feb 17, 2020 2:09 am
Forum: Personal Investments
Topic: Horrible Experience with Vanguard [Login account security]
Replies: 163
Views: 10743

Re: Horrible Experience with Vanguard

I agree Vanguard can advise you should change your authentication number when you change your main phone number. But did using the Vanguard App until the new phone number was validated come to mind? I have the text code set up for online logins, but not with my mobile. The reps never brought that u...
by btq96r
Sat Feb 15, 2020 2:28 pm
Forum: Personal Investments
Topic: Horrible Experience with Vanguard [Login account security]
Replies: 163
Views: 10743

Re: Horrible Experience with Vanguard

I agree Vanguard can advise you should change your authentication number when you change your main phone number. But did using the Vanguard App until the new phone number was validated come to mind? I have the text code set up for online logins, but not with my mobile.
by btq96r
Fri Feb 14, 2020 3:12 pm
Forum: Personal Investments
Topic: Retiring at 39 from the military, should I invest or pay off mortgage?
Replies: 14
Views: 2077

Re: Retiring at 39 from the military, should I invest or pay off mortgage?

I'm in the pay off mortgage camp, or at least pay down some principal. While it's a good thing that your self-employment side gig is healthy, I always like to err on the side of greater cash flow in situation's like yours where a big change is coming. Paying off the mortgage will just help you keep ...
by btq96r
Fri Feb 14, 2020 2:25 pm
Forum: Investing - Theory, News & General
Topic: National Debt and Deficit Spending
Replies: 21
Views: 1536

Re: National Debt and Deficit Spending

I'm still many years from retirement. But if your question were changed to ask younger people, my response would be: Save more than I otherwise would – Assume Social Security will not give me any money Prefer Roth to Traditional tax-deferred accounts when the calculus looks close Both of these stem...
by btq96r
Fri Feb 14, 2020 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: state income tax
Replies: 10
Views: 712

Re: state income tax

In Tennessee, they close the gap with sales tax. State rate is 7% (groceries get knocked down to 5%), plus whatever the county adds on top of it. For me in Nashville, that comes out to 9.25%. Hefty, yes...but with no income tax, and the capital gains tax being gone after this year (was 5%, a law chi...
by btq96r
Thu Feb 13, 2020 7:24 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Charlie Munger's recent comments?
Replies: 84
Views: 10370

Re: Thoughts on Charlie Munger's recent comments?

Sconie wrote:
Thu Feb 13, 2020 6:24 pm
"Earnings Before I Tricked the Damn Auditor."
Much obliged. I'll be incorporating this into my kit bag of witty retorts.
by btq96r
Thu Feb 13, 2020 6:09 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Charlie Munger's recent comments?
Replies: 84
Views: 10370

Re: Thoughts on Charlie Munger's recent comments?

I agree with what Mr. Munger said. But he's also not giving any grand and wise thoughts beyond the axiomatic in this recent engagement. We all know a recession is coming, we can only think we know when. I'm not given to the prediction game beyond thinking the last ten years have been too good not to...
by btq96r
Wed Feb 12, 2020 6:04 pm
Forum: Personal Investments
Topic: How to Stop Watching the Market (I know it's just that simple. But is it?)
Replies: 33
Views: 2008

Re: How to Stop Watching the Market (I know it's just that simple. But is it?)

This is almost exactly what I’m doing. I update my spreadsheet almost daily for market moves, at the same time I stick to my over strategy. It’s fun to see my investments go up every day in a market like this - but I know it could change every day and be much less fun - and that’s fine too. Just do...
by btq96r
Wed Feb 12, 2020 4:47 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Annual Meeting in person
Replies: 41
Views: 3422

Re: Berkshire Annual Meeting in person

I think it would be worth the trip if for no other reason than to experience it before time takes these two men away from us. I have to imagine once they pass it won't be anywhere near the banner event it is today.
by btq96r
Wed Feb 12, 2020 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: I'm owed $393; client won't pay; what are my options?
Replies: 45
Views: 5404

Re: I'm owed $393; client won't pay; what are my options?

I've been brainwashed by working in the medical field...I kept looking for "send/sell it to a collections agency and write it off" as advice.
by btq96r
Wed Feb 12, 2020 1:07 pm
Forum: Personal Investments
Topic: How to Stop Watching the Market (I know it's just that simple. But is it?)
Replies: 33
Views: 2008

Re: How to Stop Watching the Market (I know it's just that simple. But is it?)

You can look just don't act on it. ^^^This^^^ I read the highlights of the market, and check my accounts every day. I update a spreadsheet to track monthly balances. I'm OCD like that, and I neither can nor want to fight it because it's who I am. I just don't lose my discipline and make rash decisi...
by btq96r
Mon Feb 10, 2020 5:08 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1353
Views: 312784

Re: Best watch for around $5,000?

A while back I bought a new (to me) Omega Seamaster off a guy on one of those watch forums. He had worn it for about a year or two, took great care of it. Sold it to me with the original box, warranty cards- basically everything to keep the value of it up. I paid $2,800 including shipping and insura...
by btq96r
Mon Feb 10, 2020 12:16 pm
Forum: Investing - Theory, News & General
Topic: Hedonic Clock
Replies: 94
Views: 7961

Re: Hedonic Clock

I spent most of my 20s, and early 30s living a pretty carefree lifestyle...saving and investing was not on a habit. Needing to do so now is kind of a necessity to get to a comfortable retirement. While I doubt I'll be as rip roar as I was earlier, I still think I can enjoy a good bit.
by btq96r
Mon Feb 10, 2020 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 968
Views: 131543

Re: How much money do you want to retire?

Holly cow, if I knew it was all downhill for me at 70 I would be retiring way sooner and not wait for 60 and only 10 good years. 10 good years. 10 good years. I keep repeating it and just realizing how little time that really is. 10 years. Maybe 2-3 million is enough to retire? Downhill is up for i...
by btq96r
Sat Feb 08, 2020 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 968
Views: 131543

Re: How much money do you want to retire?

37yrs old, 38 in a few months. Goal is to be able to retire at 60 with $4mil and a paid off house. Don't see myself wanting to give it all at work past that age, and with the family history, it would give me ten good years of opportunity to enjoy some modest travel and flexibility of retirement befo...
by btq96r
Fri Feb 07, 2020 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Downside to using Cash Back credit cards
Replies: 40
Views: 5040

Re: Downside to using Cash Back credit cards

I notice some movement in my credit score based on how much I'm using my card when I check it as well. It's not a big swing, but it lets me know the balance on the card will be taken into account. Whenever I need my credit run for something big (home loan most likely), I'll just not use the credit c...
by btq96r
Tue Feb 04, 2020 3:43 pm
Forum: Investing - Theory, News & General
Topic: Tesla Stock
Replies: 301
Views: 15304

Re: Tesla Stock

This is my thinking too, it’s a luxury brand. Most people can stretch to get a new iPhone but a car payment for a $50K+ car? Concur with this. I only see Tesla's in and around areas where it makes sense that people can afford them. They aren't anywhere near a mainstream price point yet. And they're...
by btq96r
Mon Feb 03, 2020 6:11 pm
Forum: Personal Investments
Topic: HSA Accounts
Replies: 43
Views: 3014

Re: HSA Accounts

My work offers an HSA through Fifth Third WOW, those 53 HSA fees! https://www.53.com/content/fifth-third/en/personal-banking/planning/HSA-main.html Yeah, those monthly service charges suck until you build up enough to avoid them. Then someday you'll get hit with the "closure fee". Fifth Third is st...
by btq96r
Mon Feb 03, 2020 5:35 pm
Forum: Personal Investments
Topic: HSA Accounts
Replies: 43
Views: 3014

Re: HSA Accounts

My work offers an HSA through Fifth Third for those with high deductible plans. One of the investment options is Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX). Low brain power me plans to max out the HSA for the pre-tax deduction every year I can, shovel it all into VBTLX, and cash fl...
by btq96r
Mon Feb 03, 2020 8:31 am
Forum: Personal Consumer Issues
Topic: Books that changed your life
Replies: 146
Views: 10378

Re: Books that changed your life

Once an Eagle by Anton Myrer
The Last Don by Mario Puzo
Lead, Follow, or Get Out of the Way by Jim Lundy
by btq96r
Tue Jan 28, 2020 2:52 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey: Foundations In Personal Finance (High School)
Replies: 40
Views: 4359

Re: Dave Ramsey: Foundations In Personal Finance (High School)

Between student loans, car payments ballooning in amounts financed and length, plus people using credit cards as an income replacement...a decent pendulum swing on anything using debt isn't the worst thing. People can learn about responsibly managing debt once they get the basics of financial manage...
by btq96r
Tue Jan 28, 2020 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: How much money can I spend on a car?
Replies: 59
Views: 5146

Re: How much money can I spend on a car?

If you're thinking of spending that much on a car, how do the rest of your day to day expenses compare?

What's it for, personal satisfaction, racing club, picking up women?
by btq96r
Tue Jan 28, 2020 12:25 pm
Forum: Personal Consumer Issues
Topic: Tipping advice
Replies: 40
Views: 3366

Re: Tipping advice

I'm all for tipping for recognition and appreciation that someone is doing a job I don't have the skill, strength, or desire to do myself. That runs the gambit from when it's expected, encouraged, or otherwise just a nice add on. From where tips are expected, suggested, or discretionary, plenty of f...
by btq96r
Sat Jan 25, 2020 2:18 pm
Forum: Investing - Theory, News & General
Topic: LA Times on Vanguard Too Big
Replies: 64
Views: 8379

Re: LA Times on Vanguard Too Big

Vanguard shouldn't have to apologize for excellence...but they should apologize for the efforts taken to prod me into talking to a personal advisor.
by btq96r
Sat Jan 25, 2020 2:03 pm
Forum: Investing - Theory, News & General
Topic: How Did 2001-2002 and 2007-2008 Influence Your Investing Philosophy? Or Did It?
Replies: 113
Views: 5645

Re: How Did 2001-2002 and 2007-2008 Influence Your Investing Philosophy? Or Did It?

I wasn't aware enough to see what was happening in 2001-2002, but I remember 2007-2008. I was in Iraq, and after the deployment, I would be leaving the Army. Walking away from a stable, secure, paycheck and into the rubble that was February 2009...if I knew what I knew now having studied the Great R...