Search found 7109 matches

by TomatoTomahto
Thu Apr 19, 2018 7:47 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 692
Views: 55910

Re: To take or not to take delivery of Tesla 3

I saw a Model 3 in the parking lot at the golf course this afternoon. Looked great. A bit bigger than I thought it would be. I was impressed. Very impressive from DanMahowny who is not a Tesla fan far as I can figure. I have never seen Model 3 in person. I think Dan should do a test drive and repor...
by TomatoTomahto
Mon Apr 16, 2018 7:45 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 692
Views: 55910

Re: To take or not to take delivery of Tesla 3

killjoy2012 wrote:
Mon Apr 16, 2018 7:26 am
So a very, very short test drive in a $100k vehicle that's a different model than the one you're considering purchasing, convinced you to buy their $40k model that they don't even have one of on-site to show you?
You might be the winner of the “truth in username accuracy award.” :D
by TomatoTomahto
Thu Apr 12, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Could you support family on 1 income?
Replies: 88
Views: 5622

Re: Could you support family on 1 income?

In 2001, my wife and I were considering me becoming a SAHD (Stay At Home Dad). We figured that with the reduced childcare costs, we could just manage it, but we expected that we'd have to be aware of costs. Shortly afterwards, with the freedom to accept a business trip when necessary, with the freed...
by TomatoTomahto
Thu Apr 12, 2018 6:16 am
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12395

Re: Ivy school education. Is it worth it?

Your point is that Harvard/Princeton/Yale accept 30% legacies. But that's OK, because the other 70% are the best of the best. And even the 30% of legacies are not from the bottom of the academic distribution; legacies compete with other legacies for these 30%. From what I understand, Yale, for exam...
by TomatoTomahto
Wed Apr 11, 2018 6:25 am
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12395

Re: Ivy school education. Is it worth it?

(a child of a close friend has done the International Baccalaureate. In 2nd year of a well-rated engineering programme in North America, the child is still reviewing some material done in the IB-- the kids from a North American educational background (one of the higher rated systems, too) just don'...
by TomatoTomahto
Wed Apr 11, 2018 6:12 am
Forum: Investing - Help with Personal Investments
Topic: Any aggressive index funds in your portfolio?
Replies: 35
Views: 3148

Re: Any aggressive index funds in your portfolio?

PRIMECAP is our "risky" fund, albeit an active rather than index one.
by TomatoTomahto
Tue Apr 10, 2018 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12395

Re: Ivy school education. Is it worth it?

Harvard could fill its class with nothing but perfect SAT scorers if they so choose. I don’t disagree with your larger point, but I find this factoid interesting: there are generally between 300 and 600 perfect SAT scores annually, of the roughly 1.7 million students who take the test (some more th...
by TomatoTomahto
Tue Apr 10, 2018 6:09 am
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12395

Re: Ivy school education. Is it worth it?

To OP, If your child is an avg student in HS, the likihood of them succeeding in an Ivy is extremely slim. Very rarely will one suddenly turn on a switch and start improving their study habits in upper education. It is much better for someone to enroll in the school that is their level where they c...
by TomatoTomahto
Mon Apr 09, 2018 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Account for benefit of a relative; doling out funds
Replies: 16
Views: 969

Re: Account for benefit of a relative; doling out funds

R would probably not agree to it being in a trust. That’s a whole can of worms I want nothing to do with. This is probably the third or fourth red flag for me. Why does R have to agree with how they receive an inheritance? Why is the legal vehicle designed for purposes like this a can of worms? I w...
by TomatoTomahto
Mon Apr 09, 2018 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12395

Re: Ivy school education. Is it worth it?

One thing that was pointed out was that Levy graduated from Cornell, but so did his child which doesn't look good for his legacy comments. To quote my son, when he was applying, “Dad, I know you hate legacy advantage, but let’s see what you say when it’s your grandchild applying.” Um, he’s got a po...
by TomatoTomahto
Mon Apr 09, 2018 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12395

Re: Ivy school education. Is it worth it?

If your parents make say $100-150k pa in Middle America, then you are likely to get relatively little aid at Stanford? You are not a wealthy legacy admit, nor on some super athletic or academic scholarship? So you will wind up with $200k of debt from undergrad? No need to make up numbers, there are...
by TomatoTomahto
Mon Apr 09, 2018 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Account for benefit of a relative; doling out funds
Replies: 16
Views: 969

Re: Account for benefit of a relative; doling out funds

On of the impressions I took away from the "Beyond the Grave" book very heavily recommended here, is that in an arrangement where a responsible relative is put in position as gatekeeper to an irresponsible relative, the irresponsible relative may see the gatekeeper as standing between them and thei...
by TomatoTomahto
Mon Apr 09, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Account for benefit of a relative; doling out funds
Replies: 16
Views: 969

Re: Account for benefit of a relative; doling out funds

R would probably not agree to it being in a trust. That’s a whole can of worms I want nothing to do with.
by TomatoTomahto
Mon Apr 09, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Account for benefit of a relative; doling out funds
Replies: 16
Views: 969

Re: Account for benefit of a relative; doling out funds

About five years ago my then 91 year old father asked me to begin doing his taxes for him. About three years ago he asked me to take over all of his finances. He does not use a computer - at all. I worked with him and my Vanguard rep to open an account in his name. He signed the necessary Vanguard ...
by TomatoTomahto
Mon Apr 09, 2018 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12395

Re: Ivy school education. Is it worth it?

Couple of other things to keep in mind 1. Ivies do not provide athletic or merit scholarships, only need based. Middle to upper middle class will pay full amount. See my post above. This is no longer true for middle class families. Even many upper middle class families (depending on how you define ...
by TomatoTomahto
Mon Apr 09, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12395

Re: Ivy school education. Is it worth it?

[snip] Couple of other things to keep in mind 1. Ivies do not provide athletic or merit scholarships, only need based. Middle to upper middle class will pay full amount. [snip] The ivies are obviously good schools but in most cases the ROI is not there. I don't think you've kept up with financial a...
by TomatoTomahto
Mon Apr 09, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12395

Re: Ivy school education. Is it worth it?

Stanford is technically not an Ivy, but I think any reasonable consideration of same would have to include Stanford-- by any measure it has similar demographics and outcomes for its (undergrad) student body. Again, this is why I think the conversation is really about "Ivy-plus" not strictly "Ivies"...
by TomatoTomahto
Mon Apr 09, 2018 5:34 am
Forum: Personal Finance (Not Investing)
Topic: Account for benefit of a relative; doling out funds
Replies: 16
Views: 969

Re: Account for benefit of a relative; doling out funds

Thanks everyone for your thoughts on this.
by TomatoTomahto
Sun Apr 08, 2018 6:24 pm
Forum: Personal Consumer Issues
Topic: Best place to buy a TV
Replies: 33
Views: 2625

Re: Best place to buy a TV

So you know, Abt is a large and very reputable company. Crutchfield was out of stock on the TV I wanted (Sony 85” 900F). So, I figured that sales tax at Amazon would be offset by my 5% Amazon card. As it happens, I got free shipping from Abt, they don’t charge sales tax in MA, and I got the 5% off ...
by TomatoTomahto
Sun Apr 08, 2018 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12395

Re: Ivy school education. Is it worth it?

alpenglow wrote:
Sun Apr 08, 2018 5:52 pm
If I may ask, what does you son do for a living?
To quote his girlfriend: “he goes to work in a T-shirt and does math all day.”
by TomatoTomahto
Sun Apr 08, 2018 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12395

Re: Ivy school education. Is it worth it?

I’m a simple man. My son’s first year compensation plus what he’s earned the past two years doing internships equals the sum total cost of his 4 years as a full-pay Yale student (which, by the way, earned him a combined MS and BS). His second year after graduation will be better. ROI? Fuggedaboutit....
by TomatoTomahto
Sun Apr 08, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Account for benefit of a relative; doling out funds
Replies: 16
Views: 969

Re: Account for benefit of a relative; doling out funds

It is an inheritance that belongs to R. The money is being given to us by someone else, with the understanding that it is for R’s benefit. We have already contributed a substantial sum to R, out of our own funds, and will keep these funds segregated from our own, so there isn’t much concern on anyon...
by TomatoTomahto
Sun Apr 08, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Account for benefit of a relative; doling out funds
Replies: 16
Views: 969

Account for benefit of a relative; doling out funds

I'm probably overthinking this... We will shortly be given some money to invest for a relative. The amount is low six digits. The intention is that we dole some "allowance" out to the relative (R), who has difficulty managing money and agrees that we should manage this for them. The easiest thing is...
by TomatoTomahto
Wed Apr 04, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: Builder wants $800 to vent a gas cooktop
Replies: 53
Views: 3975

Re: Builder wants $800 to vent a gas cooktop

I just left a house that didn’t have a vent to the outside and moved to a house that does. I would never consider going back. $800? In a heartbeat.
by TomatoTomahto
Mon Apr 02, 2018 12:39 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 692
Views: 55910

Re: To take or not to take delivery of Tesla 3

Take a look at the scale on his graph. Over 1 MWhr even in January. Over 40 MWhr for the year. "We have a large solar field installed". This isn't a rooftop install, it's producing a massive excess of solar. Battery is only needed overnight, not to carryover summer to winter. I’m sorry for taking t...
by TomatoTomahto
Mon Apr 02, 2018 7:06 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 692
Views: 55910

Re: To take or not to take delivery of Tesla 3

madbrain, jdb, others interested in solar and batteries, I will be starting a thread soonish (thanks Elon) about our new house. We have a large solar field installed, but the utility is the battery, and I am wondering about converting to heat pumps (we are near Boston), adding batteries, etc. I am w...
by TomatoTomahto
Sun Apr 01, 2018 7:00 am
Forum: Personal Consumer Issues
Topic: Neighbor recently burglarized- Suggestions for home security
Replies: 101
Views: 8620

Re: Neighbor recently burglarized- Suggestions for home security

Our 95# pit mix looks like a killer, until you see her wagging tail and affectionate posture. I wonder, though, if she could sense the evil intentions of an intruder. I would not want a dog like her angry or feeling that the family she loves was in danger. Her bark is impressive :D
by TomatoTomahto
Sat Mar 31, 2018 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 617
Views: 64100

Re: Picking College and College Scholarships

Yea, I think he was being a bit cautious... not that it worked out for him! haha, his safety rejected him. They probably knew they were the safety.
Otherwise known, perhaps unfairly, as Tufts Syndrome.
by TomatoTomahto
Sat Mar 31, 2018 10:31 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 17126

Re: A lot of heavy hitters this morning

My impression of this Forum is that it was established by some very caring and knowledgeable people that wanted to help people with the financial part of their lives.People that post are from a wide variety of circumstances. The wealth of knowledge that is given freely here I will always be gratefu...
by TomatoTomahto
Sat Mar 31, 2018 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 617
Views: 64100

Re: Picking College and College Scholarships

My friend’s daughter got word today of being accepted at Stanford...after having been rejected by USC, Pomona, Grinnell. Her only other acceptance was UIUC which she was resigned to attending. Then Stanford came calling. What a day. Yes, the process is interesting, if only for it's real or perceive...
by TomatoTomahto
Sat Mar 31, 2018 5:49 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 617
Views: 64100

Re: Picking College and College Scholarships

Or, you could skip the MA and get a PhD in ~5 years. Here's an example of Duke's time to degree. Humanitites takes ~7. Or, you could get a combined MS/BS in 4 years and then decide to defer getting a PhD so that you can start your dream job. Time to degree: somewhere between 10 years and infinity 😁...
by TomatoTomahto
Fri Mar 30, 2018 12:48 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 692
Views: 55910

Re: To take or not to take delivery of Tesla 3

Also, my insurance agent says his company will not write a collision policy on a Tesla. WHAT???? Would current Tesla owner comment on this please??? Uh, FUD (Fear, Uncertainty, Dread). It’s either nonsense, or time to get a new insurance company. ETA: in case it doesn’t go without saying, my Tesla ...
by TomatoTomahto
Thu Mar 29, 2018 6:48 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 692
Views: 55910

Re: To take or not to take delivery of Tesla 3

I have never gotten the valuation of Tesla other than Elon Musk's fanclub is crazy in Silicon Valley, and he obviously has many, many wealthy friends and backers that can afford to lose some $$$ on the vision. I don’t do stock valuations, so I have no idea. On the other hand, I happily paid 132k fo...
by TomatoTomahto
Sun Mar 25, 2018 8:58 am
Forum: Personal Consumer Issues
Topic: Big time home inspection issues
Replies: 44
Views: 5035

Re: Big time home inspection issues

We requested the current owners inspection report from when they bought the house in 2015. They refused. Our inspector said it wasn’t a big deal for her since she wouldn’t want to be influenced by it but before she left she said the current owners likely didn’t give it because it would say “end of ...
by TomatoTomahto
Fri Mar 23, 2018 5:57 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6393
Views: 1371554

Re: U.S. stocks in freefall

Bacchus01 wrote:
Fri Mar 23, 2018 5:43 am
Did something happen?
Yes. Livesoft’s Rule said it was time for a new Tesla. Wheeee!
by TomatoTomahto
Thu Mar 22, 2018 3:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6393
Views: 1371554

Re: U.S. stocks in freefall

Dang! BRK.A is under $300k again. Will the horror never end?
by TomatoTomahto
Wed Mar 21, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Cost of College vs Starting Income
Replies: 94
Views: 4154

Re: Cost of College vs Starting Income

It is still possible to get a four year degree for the cost of a new graduate's salary at many public universities. Heck, if you're very lucky, it's even possible to get a four year degree for the cost of a new graduate's salary at some private and expensive universities. I'm not saying that it's t...
by TomatoTomahto
Sun Mar 18, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Venturing into the taxable space
Replies: 13
Views: 839

Re: Venturing into the taxable space

So as we begin to contribute to a taxable account, my main question is how do I handle the advice that nearly everyone gives about not putting bonds in a taxable account while trying to maintain my desired asset allocation (i'm currently at 85/15 and am happy gradually moving this to 80/20). My inc...
by TomatoTomahto
Sun Mar 18, 2018 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Does credit score matter if you never plan to borrow money again?
Replies: 44
Views: 4164

Re: Does credit score matter if you never plan to borrow money again?

As part of my wife’s clearance for her new job, a credit check was run. I believe it’s part of the FINRA background check.
by TomatoTomahto
Sat Mar 17, 2018 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 617
Views: 64100

Re: Picking College and College Scholarships

Would applying early decision to MIT have made a difference? Based on some elite schools’ admissions stats that have been released so far, it looks like going ED would have improved your son’s odds of acceptance. Well, maybe not for MIT, but Northwestern for instance had an RD acceptance rate of 10...
by TomatoTomahto
Sat Mar 17, 2018 10:27 am
Forum: Personal Consumer Issues
Topic: Paging BH Gearheads: Reasonable Net Worth for Exotic
Replies: 104
Views: 6435

Re: Paging BH Gearheads: Reasonable Net Worth for Exotic

Now to the question, for those of you that share this passion, what would seem like a reasonable level of investment assets / net worth to even entertain a purchase of an exotic (think $250-300k). I do live below my means, and save about half of my annual income (~ $120-150k depending on bonus), ho...
by TomatoTomahto
Thu Mar 15, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 617
Views: 64100

Re: Picking College and College Scholarships

Rejected by MIT. Ouch, that one hurt! We no longer like Boston. And we will not watch Cheers re-runs on the Hallmark Channel. :oops: If it's any solace, MIT is among the schools that are, as the saying goes, "a reach for anyone." I've just moved to Boston. I quite like it. It has redeeming features...
by TomatoTomahto
Thu Mar 15, 2018 6:28 am
Forum: Personal Finance (Not Investing)
Topic: Is anyone using a bill paying service?
Replies: 16
Views: 1524

Re: Is anyone using a bill paying service?

I have things so well automated with the banks and credit cards that I’ve told my wife it will run itself for a few months after I die. Pay $100 per month extra for that? No way!
by TomatoTomahto
Wed Mar 14, 2018 6:56 am
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 12392

Re: Need advice re: Liberal Arts Colleges...

I think there's a common misconception that because kids are studying liberal arts subjects, they have a lighter, warm and fuzzy workload. I can tell you that my two boys seemed to have a lot more work than my D taking stem classes. My son and his GF will be graduating soon, from the same school. H...
by TomatoTomahto
Mon Mar 12, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation once you've passed your "number"
Replies: 41
Views: 3529

Re: Asset Allocation once you've passed your "number"

We hit well past our number, and I was tired of obsessing over asset allocation (AA). So, I put $x in Fixed Income (FI), and all new dollars (except for dividends on bonds) go to equities. A little bit country, a little bit rock and roll. PS. When we recently had to raise a lot of cash for a house p...
by TomatoTomahto
Sun Mar 11, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 617
Views: 64100

Re: Picking College and College Scholarships

Don't take this too personally, but I think this is much ado about nothing. Just send your son to any good engineering school, statics is statics and thermodynamics is thermodynamics. Engineering schools teach the same material but at different prices. The difference is in graduate school when you ...
by TomatoTomahto
Sun Mar 11, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 617
Views: 64100

Re: Picking College and College Scholarships

I keep reading that things have changed, but I wonder how dramatically. This isn’t something you’d discover on a tour, but it relates to the application process. I was a 15-year old HS student, and took 2 summer classes at a University. I liked it, wasn’t getting along so well with my step-mother, ...
by TomatoTomahto
Sun Mar 11, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: Mesh wifi solution sought for new house
Replies: 46
Views: 2592

Re: Mesh wifi solution sought for new house

Update True to his word, seller had abundant Ethernet (Cat V) points throughout the house. Verizon upgraded service to 940 Mbps for no increase in cost. I put 3 Apple Airport Extremes WAPs in the house, 1 in the garage, and 1 later in the cabana (although it gets pretty good signal without it, some...
by TomatoTomahto
Sun Mar 11, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: Whole House Natural Gas Generator
Replies: 110
Views: 6555

Re: Whole House Natural Gas Generator

30+ yrs, longest power outage was 4 day The town we just moved from is currently on day 5 of a power outage. The town we moved to, 200+ miles away, has had power outages 2 times in the past week (of around 12-24 hours duration). My new house has a small automatic propane backup generator and a sola...
by TomatoTomahto
Sat Mar 10, 2018 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting large assets from lawsuit
Replies: 30
Views: 2898

Re: Protecting large assets from lawsuit

Chubb insured us for $5M without even asking questions. They have our homeowners and vehicle insurance policies also, so they have a sense of our net worth.