Search found 2048 matches

by fredflinstone
Wed Jun 28, 2017 8:53 pm
Forum: Personal Consumer Issues
Topic: Pre-owned Acura's... Value of 'Certified'?
Replies: 23
Views: 2520

Re: Pre-owned Acura's... Value of 'Certified'?

yes, CPO comes with a warranty. Moreover, if your car is in the shop, your Acura dealership will likely give you a nice loaner while repairs are made. (Ask them about this.)
by fredflinstone
Wed Jun 28, 2017 6:12 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7976

Re: Bogleheads: Please help me pick a new car

mhalley wrote:For others thinking of getting a car, I was listening to Clark Howard and he said there is a glut of Lexus coming off lease and you could get one for the best price in years.
This was not my experience. The 3-year old Lexuses I saw were only a few thousand dollars cheaper than brand new ones.
by fredflinstone
Fri Jun 23, 2017 7:53 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7976

Re: Bogleheads: Please help me pick a new car

I discovered that the safety technology I want (collision avoidance) is not on the low-end Lexus NT. Rather than buy a more expensive Lexus, I decided to purchase a top-of-the-line Honda CR-V for about $33K plus taxes. The car has all the features I want and is considered very reliable, which is imp...
by fredflinstone
Fri Jun 23, 2017 6:55 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7976

Re: Bogleheads: Please help me pick a new car

I know of a situation. Someone gave his daughter a Mercedes and she didn't like showing off like that and wanted a lesser car. I would consider the Subaru because the son is involved. I like the Subaru but I feel that the Lexus might be more reliable. If I can choose between a CPO Lexus RX (30,000 ...
by fredflinstone
Fri Jun 23, 2017 6:48 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7976

Re: Bogleheads: Please help me pick a new car

[...] I believe it meets all of my requirements (AWD, brake assist, etc.). 29,000 miles. It is priced at $33K, which is $1,789 below market price, according to cargurus.com. The warranty would run through 2021, unlimited miles. the dealer has already reduced the price by $4,200. [...] I find it har...
by fredflinstone
Fri Jun 23, 2017 6:46 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7976

Re: Bogleheads: Please help me pick a new car

Lexus has a small number (13?) of no-haggle dealerships. These are called "Lexus Plus". Generally you get a token discount off of MSRP, but nothing close to what you could negotiate on your own. But the vast majority are traditional dealerships. Have you driven the NX? Most think it's too noisy, ha...
by fredflinstone
Fri Jun 23, 2017 5:04 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7976

Re: Bogleheads: Please help me pick a new car

Does anyone know if I can haggle over the price of a new Lexus? Or is Lexus a no-haggle dealership?
by fredflinstone
Fri Jun 23, 2017 4:38 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7976

Re: Bogleheads: Please help me pick a new car

Here is a CPO 2015 Lexus NX 200t in my state that looks interesting: https://www.cargurus.com/Cars/inventorylisting/viewDetailsFilterViewInventoryListing.action?sourceContext=carGurusHomePage_false_0&CPOView=true&entitySelectingHelper.selectedEntity=d2293&zip=80906#listing=174297893 I believe it me...
by fredflinstone
Fri Jun 23, 2017 4:37 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7976

Re: Bogleheads: Please help me pick a new car

OK, guys, I asked you for some advice 7 years ago and you told me to get an Acura MDX. I did so and it has been a great car. 116,000 miles so far with no problems whatsoever. My daughter Pebbles turned 16 this week and I gave her the car for her birthday. So now I need a new car. Background: I driv...
by fredflinstone
Fri Jun 23, 2017 4:36 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7976

Re: Bogleheads: Please help me pick a new car

I have no specific car suggestions but a couple of comments. Background: I drive about 15,000 miles per year. In the past I've owned cars for about 8 years before getting a new one. The car I plan to buy now will likely be handed down to my son in about 4 years. I don't require a lot of bells and w...
by fredflinstone
Fri Jun 23, 2017 4:31 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7976

Re: Bogleheads: Please help me pick a new car

CPO Lexus RX350's are a dime a dozen in our area, so the savings are much much better than 10%. They are nice beater cars though. It is not unusual to see 5 of them at a 4-way-stop intersection. You should be able to get one at an OTD price of $30K or less. The RX350 is larger than I need or want.
by fredflinstone
Fri Jun 23, 2017 4:24 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7976

Re: Bogleheads: Please help me pick a new car

Here is a CPO 2015 Lexus NT 200t in my state that looks interesting: https://www.cargurus.com/Cars/inventorylisting/viewDetailsFilterViewInventoryListing.action?sourceContext=carGurusHomePage_false_0&CPOView=true&entitySelectingHelper.selectedEntity=d2293&zip=80906#listing=174297893 I believe it mee...
by fredflinstone
Fri Jun 23, 2017 4:05 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7976

Re: Bogleheads: Please help me pick a new car

finite_difference wrote:What about the Acura TLX w/ AWD?
I tried this car out and liked it, but Consumer Reports gave it poor reviews for reliability.
by fredflinstone
Thu Jun 22, 2017 8:38 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7976

Bogleheads: Please help me pick a new car

OK, guys, I asked you for some advice 7 years ago and you told me to get an Acura MDX. I did so and it has been a great car. 116,000 miles so far with no problems whatsoever. My daughter Pebbles turned 16 this week and I gave her the car for her birthday. So now I need a new car. Background: I drive...
by fredflinstone
Mon Nov 28, 2016 8:48 am
Forum: Investing - Theory, News & General
Topic: I'm calling a bond bottom.
Replies: 31
Views: 7593

Re: I'm calling a bond bottom.

It feels to me like the bond market is overreacting to the election. I'm using this bond market massacre as an opportunity to move some assets from stocks to bonds (rebalancing). I'm also moving some assets from short-term bond funds to long-term bond funds. Just wondering, since you tossed out thi...
by fredflinstone
Sun Nov 27, 2016 2:31 pm
Forum: Investing - Theory, News & General
Topic: I'm calling a bond bottom.
Replies: 31
Views: 7593

I'm calling a bond bottom.

I see that iShares Barclays 20+ Yr Treas.Bond ETF [TLT] is down 8.3 percent since November 8. It is down 14 percent since July 29. Yet all the factors that have been driving down prices and buoying bonds during the last few decades are still operative (e.g., globalization, offshoring, outsourcing, d...
by fredflinstone
Wed Aug 10, 2016 6:20 am
Forum: Personal Consumer Issues
Topic: Visiting Washington, DC
Replies: 27
Views: 2601

Re: Visiting Washington, DC

Arlington National Cemetery is not to be missed.
http://www.arlingtoncemetery.mil/
by fredflinstone
Tue Aug 02, 2016 7:35 am
Forum: Investing - Theory, News & General
Topic: "[Gold] is now a relatively high-yielding asset, yielding, as it does, nothing."
Replies: 4
Views: 707

Re: "[Gold] is now a relatively high-yielding asset, yielding, as it does, nothing."

By comparison, the current yield is on a 30-year TIPS is 0.63. Does that not mean that Grant is, technically speaking, incorrect?
by fredflinstone
Mon Jul 25, 2016 9:18 am
Forum: Investing - Theory, News & General
Topic: Another dodgy hedge fund. Echoes of Bernie Madoff.
Replies: 10
Views: 2310

Re: Another dodgy hedge fund. Echoes of Bernie Madoff.

Tamalak wrote:I don't give a damn if they do.. if you chuck your money in a black box with smoke spewing out of it you clearly don't care that much about it :twisted:


So, blame the victim?
by fredflinstone
Mon Jul 25, 2016 6:59 am
Forum: Personal Consumer Issues
Topic: Traveling to Italy - 3 weeks in 2017, advice appreciated
Replies: 119
Views: 10952

Re: Traveling to Italy - 3 weeks in 2017, advice appreciated

I can't answer most of your questions, but I have a few insights about Rome, Naples, and Pompeii that may prove helpful. In July, Rome will be hot and crowded. If you are an early riser, I recommend waking up at 6 am on at least one day and going for a walk about town. Enjoy the Trevi fountain all b...
by fredflinstone
Mon Jul 25, 2016 6:24 am
Forum: Investing - Theory, News & General
Topic: Another dodgy hedge fund. Echoes of Bernie Madoff.
Replies: 10
Views: 2310

Another dodgy hedge fund. Echoes of Bernie Madoff.

Via the WSJ: Platinum has recorded some of the most impressive numbers in the hedge-fund world, double-digit average annual returns for over a decade. Beginning around 2012, however, with some investors wanting their money back, Platinum began borrowing heavily. According to documents reviewed by Th...
by fredflinstone
Sun Jul 10, 2016 6:57 am
Forum: Personal Consumer Issues
Topic: Three Days in Colorado Springs (August)
Replies: 28
Views: 2253

Re: Three Days in Colorado Springs (August)

If you are coming from a low-altitude place, drink lots of water before and during your trip.
by fredflinstone
Sun Jul 10, 2016 6:55 am
Forum: Personal Consumer Issues
Topic: Three Days in Colorado Springs (August)
Replies: 28
Views: 2253

Re: Three Days in Colorado Springs (August)

Pikes Peak - take the Cog railway to the top. Make reservations well in advance Hike up the Incline - do this only if you are in great shape. Walk down Barr trail. Garden of the Gods - this is a must-see Cave of the Winds Olympic Training Center USAFA Cheyenne Mountain zoo Walk around Manitou Sprin...
by fredflinstone
Sun Jul 10, 2016 6:45 am
Forum: Personal Finance (Not Investing)
Topic: Trust Fund Kid
Replies: 63
Views: 6988

Re: Trust Fund Kid

This young man is living within his means. I fail to see a problem. Isn't that what Bogleheads are all about -- living within one's means. There is nothing inherently wrong with a minimum wage job, especially for a young person (with or without a college degree). If he's unhappy, then there is a pro...
by fredflinstone
Thu Apr 28, 2016 3:08 am
Forum: Investing - Help with Personal Investments
Topic: talk me out of buying an individual stock (Facebook)
Replies: 112
Views: 17003

Re: talk me out of buying an individual stock (Facebook)

just for the record, FB stock has quintupled since I wrote the above post. And, no, I didn't buy the stock.
by fredflinstone
Wed Apr 06, 2016 2:43 pm
Forum: Investing - Theory, News & General
Topic: [DOL Rule on Fiduciary Standard is Released]
Replies: 105
Views: 7577

‘Customers First’ to Become the Law in Retirement Investing

[Thread merged into here, see below (next page). --admin LadyGeek] The rules governing how financial professionals handle the trillions of dollars they invest on behalf of Americans saving for retirement are about to get a lot tougher. The Labor Department, after years of battling Wall Street and t...
by fredflinstone
Wed Apr 06, 2016 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Whom should I trust with trust management?
Replies: 29
Views: 3027

Re: Whom should I trust with trust management?

OK, I am leaning toward Vanguard. Called them twice and left v-mail messages. So far nobody has called back. Interesting.
by fredflinstone
Wed Apr 06, 2016 6:20 am
Forum: Personal Consumer Issues
Topic: Paying for kid's graduate school?
Replies: 49
Views: 4791

Re: Paying for kid's graduate school?

Not quite the same but close..... Our son completed an undergrad music ed degree and wanted to go directly onto a master's in performance before beginning a teaching career in public school. His grad school choices were an the instate flagship he could commute to (we'd supply free room and board), ...
by fredflinstone
Wed Apr 06, 2016 6:14 am
Forum: Personal Consumer Issues
Topic: Paying for kid's graduate school?
Replies: 49
Views: 4791

Re: Paying for kid's graduate school?

It has been many years now since faculty voices within academia have been speaking out against adjunct hiring, which is the low-wage semester-by-semester hiring of university professors that has replaced full-time status for approximately 75% our country’s college educators. Gradually, awareness of...
by fredflinstone
Wed Apr 06, 2016 6:02 am
Forum: Personal Consumer Issues
Topic: Paying for kid's graduate school?
Replies: 49
Views: 4791

Re: Paying for kid's graduate school?

sdsailing wrote:Most humanities fields the chance of a tenure track job is close to nil. However I cannot comment on music. I urge caution.


This.
by fredflinstone
Wed Apr 06, 2016 5:57 am
Forum: Investing - Help with Personal Investments
Topic: Whom should I trust with trust management?
Replies: 29
Views: 3027

Re: Whom should I trust with trust management?

I checked a local trust management company I am familiar with to ask their fee schedule. For 10 million it is 40,0000$ a year plus additional fees of 100$ per month if co trustees. So that makes VG fees look low. My kids are teens and our estate planning gives my parents control of trust assets til...
by fredflinstone
Tue Apr 05, 2016 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Whom should I trust with trust management?
Replies: 29
Views: 3027

Re: Whom should I trust with trust management?

Back when my job included selling the advantages of a corporate trustee we would include the benefits of group judgment (more than one individual), financial responsibility (deep pockets), accessibility (doesn't take vacations or get sick), permanent existence (corporate existence, doesn't die) and...
by fredflinstone
Tue Apr 05, 2016 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Whom should I trust with trust management?
Replies: 29
Views: 3027

Re: Whom should I trust with trust management?

For Vanguard, does the trust management fee include the investment advisory fee? For the small local firms? If a small local firm had a low annual fee, but invested with Wells Fargo, for instance, and incurred another 1% AUM fee plus high fund fees, that would get quite expensive. The trust managem...
by fredflinstone
Tue Apr 05, 2016 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Whom should I trust with trust management?
Replies: 29
Views: 3027

Re: Whom should I trust with trust management?

... There are several very small practices here in Bedrock that offer trustee management services billed at an hourly rate of $80-$100 per hour .... What are "trustee management services?" Does that mean they act as trustee and manage the assets? If so how do they manage the assets? Does ...
by fredflinstone
Tue Apr 05, 2016 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Whom should I trust with trust management?
Replies: 29
Views: 3027

Re: Whom should I trust with trust management?

My estate attorney will be setting up a trust for my children to be established when my wife Wilma and I die. Rather than impose on a friend (such as my buddy Barney) or relative, we intend to hire someone to serve as sole trustee. Our beneficiaries will have the ability to remove and replace the t...
by fredflinstone
Tue Apr 05, 2016 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Whom should I trust with trust management?
Replies: 29
Views: 3027

Re: Whom should I trust with trust management?

Lafder wrote:How old are your children? How long do you think the trust would be in place ?

Those questions would make a difference to me in how I answered since looking for decades of management vs years are very different.

lafder


kids are teenagers. I expect the trust to exist for decades.
by fredflinstone
Tue Apr 05, 2016 6:10 am
Forum: Investing - Help with Personal Investments
Topic: Whom should I trust with trust management?
Replies: 29
Views: 3027

Whom should I trust with trust management?

My estate attorney will be setting up a trust for my children to be established when my wife Wilma and I die. Rather than impose on a friend (such as my buddy Barney) or relative, we intend to hire someone to serve as sole trustee. Our beneficiaries will have the ability to remove and replace the tr...
by fredflinstone
Tue Jan 19, 2016 7:37 am
Forum: Investing - Help with Personal Investments
Topic: eyeing micro-cap stocks
Replies: 39
Views: 3675

Re: eyeing micro-cap stocks

Keep in mind that even though these stocks are thinly traded, you are still competing against other individual investors who know the basics of stock evaluation - and they all have their own stories as to why the stock is going to sky-rocket. I am sure you know all about uncompensated risk. I would...
by fredflinstone
Tue Jan 19, 2016 7:35 am
Forum: Investing - Help with Personal Investments
Topic: eyeing micro-cap stocks
Replies: 39
Views: 3675

Re: eyeing micro-cap stocks

I used to buy and hold micro and nano-cap pharmaceutical and biotech stocks. I work in that sector helping these sorts of companies obtain FDA approval, and I believed I held a bona fide advantage over the average speculator. These were very illiquid stocks, many of which traded over the counter (~...
by fredflinstone
Tue Jan 19, 2016 7:32 am
Forum: Investing - Help with Personal Investments
Topic: eyeing micro-cap stocks
Replies: 39
Views: 3675

Re: eyeing micro-cap stocks

. Would just stick with passive funds - if you want micro-cap exposure Bridgeway (BRSIX) is a good choice IMO, but would not suggest market timing, but rather use as long-term holding. Robert . Thanks for your thoughtful feedback. The problem with BRSIX (and all other micro-cap funds) is that you a...
by fredflinstone
Tue Jan 19, 2016 7:29 am
Forum: Investing - Help with Personal Investments
Topic: eyeing micro-cap stocks
Replies: 39
Views: 3675

Re: eyeing micro-cap stocks

AAII has a "Model Shadow Stock Portfolio", which is a stock screen for the sorts of attributes you're seeking. They've done the homework with very specific guidelines on make buy and sell decisions, and evaluated the relationship between the number of individual positions and risk (i.e. s...
by fredflinstone
Mon Jan 18, 2016 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: eyeing micro-cap stocks
Replies: 39
Views: 3675

Re: eyeing micro-cap stocks

Good question. I do think I went overboard last time, but it's not necessary to buy 100+ stocks for this strategy to succeed. A few dozen stocks should be sufficient. Whether the added complexity is worth it is a judgement call. I can see reasonable arguments either way.
by fredflinstone
Mon Jan 18, 2016 10:42 am
Forum: Investing - Help with Personal Investments
Topic: eyeing micro-cap stocks
Replies: 39
Views: 3675

Re: eyeing micro-cap stocks

Nisi, you are my favorite Boglehead so I really appreciate your feedback. It is pretty well accepted that thinly-traded stocks are riskier (more volatile) than others. To accept the increased risk, investors demand higher returns. Which is why these stocks perform so well during bull markets. There ...
by fredflinstone
Mon Jan 18, 2016 7:31 am
Forum: Investing - Help with Personal Investments
Topic: eyeing micro-cap stocks
Replies: 39
Views: 3675

eyeing micro-cap stocks

I know this isn't Boglehead-y, but as the market declines, I am eyeing individual micro-cap stocks. I firmly believe this is the one part of the stock market in which small investors have an edge over large investors and funds (i.e. because the stocks are too thinly-traded to be purchased by large f...
by fredflinstone
Thu Oct 22, 2015 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Lynch liquidating my dad's account
Replies: 19
Views: 3013

Re: Merrill Lynch liquidating my dad's account

thanks for all the responses, everyone.
by fredflinstone
Thu Oct 22, 2015 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Lynch liquidating my dad's account
Replies: 19
Views: 3013

Merrill Lynch liquidating my dad's account

My father, who resides in France for about 10 months every year, received a letter from Merrill Lynch (ML) stating that his account will be liquidated. Through our conversations, and those with your Financial Advisors [name omitted], we have come to the understanding that you spend a significant amo...
by fredflinstone
Fri Jun 26, 2015 7:07 am
Forum: Investing - Theory, News & General
Topic: Has anyone noticed the Japanese stock market lately?
Replies: 15
Views: 2929

Has anyone noticed the Japanese stock market lately?

A lot of us had written off Japan, but the Nikkei 225 is up about 135 percent in the last three years.

This stock market boom occurred despite massive appreciation in the Yen.

It just goes to show: You never know.
by fredflinstone
Sun May 24, 2015 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: 30 year old freelance musician who wants to catch up
Replies: 8
Views: 1371

Re: 30 year old freelance musician who wants to catch up

I have no advice, but I sure would like to know how you make that kind of dough as a freelance musician. Any advice for up-and-coming musicians?
by fredflinstone
Fri May 22, 2015 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: city selling 'mini-bonds' at attractive rates
Replies: 30
Views: 3101

Re: city selling 'mini-bonds' at attractive rates

thanks fred, I agree this is not an important financial decision. I am more interested in the principle than the principal. Is this a worthwhile investment? If one could invest unlimited amounts, how much would you choose to invest? Hypothetically... 4.70% interest for the next 13 years TAX-FREE wo...