Search found 981 matches

by Quickfoot
Thu May 24, 2018 3:44 pm
Forum: Investing - Theory, News & General
Topic: Fear vs. reality. Don't worry. Be happy. [Outliving your retirement savings]
Replies: 40
Views: 3535

Re: Fear vs. reality. Don't worry. Be happy.

Livesoft: Studies also found that retirement spending drops pretty quickly, people spend more money in early retirement but as they age they stay at home more and the main expense becomes medical expenses. So while medical expenses can be higher than expected every day living expenses can be a lot l...
by Quickfoot
Thu May 24, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Lease buyout negotiation tips?
Replies: 21
Views: 1770

Re: Lease buyout negotiation tips?

Notion of getting only another 40-50K miles out of a car at 40-50K miles is just antiquated. Most passenger cars are going to hit 200K miles EASY without major problems, the more reliable brands could be closer to 300K. Manufacturing has got incredibly good with tight tolerances. The reason cars com...
by Quickfoot
Thu May 24, 2018 3:23 pm
Forum: Personal Consumer Issues
Topic: Verizon - Total Mobile Protection
Replies: 5
Views: 506

Re: Verizon - Total Mobile Protection

They don't do an inspection prior to insuring but that's why you are limited to a short period of time after buying a new phone phone. The $13 month a plan isn't worth it, they do have a decent whole family coverage plan if you have more than one device that's something like $15 a month for the whol...
by Quickfoot
Wed May 23, 2018 11:42 am
Forum: Investing - Help with Personal Investments
Topic: New Car Loan Payoff Strategy
Replies: 7
Views: 673

Re: New Car Loan Payoff Strategy

You are probably better off with CDs at this point than bond funds, interest rates are going to continue to rise. CDs at credit unions often have a one time interest rate bump feature (you elect when you want to bump the interest rate). My credit union is paying 2% on a 12 month and 3% on 60 month C...
by Quickfoot
Wed May 23, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Car wreck insurance settlement
Replies: 19
Views: 1342

Re: Car wreck insurance settlement

With the significant injuries you sustained absolutely get an attorney, you are not qualified to handle the negotiations yourself. This is not a case of a ruined bumper where they'll replace it and buy you dinner and everyone's happy. Anyone that advises you to not get an attorney does not have your...
by Quickfoot
Wed May 23, 2018 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Best buy and hold vanguard fund forever...
Replies: 28
Views: 2926

Re: Best buy and hold vanguard fund forever...

In taxable if you want to hold one fund the tax managed balanced fund would be the best, it is roughly 50% muni bonds and 50% equity, it is a reasonable asset allocation to hold for life and minimizes taxes. If you desire to hold fixed income in tax advantaged space the total world ETF is a great ch...
by Quickfoot
Tue May 22, 2018 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Have Annuity Rates Gone Up?
Replies: 15
Views: 1629

Re: Have Annuity Rates Gone Up?

It is pre-calculated, a single payment immediate annuity is a contract they have to honor so long as they remain solvent. Many states have annuity guarantee limits (Idaho is 300K, many others are 100K) but the guarantee isn't insurance like FDIC. Basically what they would do is sell your annuity to ...
by Quickfoot
Mon May 21, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Lease buyout negotiation tips?
Replies: 21
Views: 1770

Re: Lease buyout negotiation tips?

There may be value in purchasing a car you leased because you know its maintenance history but don't expect the leasing company or the dealer to be able to offer you a lower buy out, they can't / wont. As others mentioned the dealer wont negotiate because they are unable to, they don't own the lease...
by Quickfoot
Mon May 21, 2018 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Buying a Vacation Rental Property as an Investment
Replies: 53
Views: 4029

Re: Buying a Vacation Rental Property as an Investment

The bolded below is a common misconception, and intellectually dishonest. Rental properties do better in recessions. Housing is a basic need. During a recession, while SUVs/doggy day care/lattes etc. go out the window, families double down and focus on the essentials, ie. housing and food. As other...
by Quickfoot
Sun May 20, 2018 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Vacation Rental Property as an Investment
Replies: 53
Views: 4029

Re: Buying a Vacation Rental Property as an Investment

How much of your wealth would it take to make the investment? Investment properties tend to do very poorly in recessions because people eliminate unnecessary expenses. This means your income generation goes away and at the same time your ability to sell the property evaporates too because no one is ...
by Quickfoot
Sun May 20, 2018 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Newly widowed, how do I invest 1.5 million life ins. proceeds
Replies: 72
Views: 7702

Re: Newly widowed, how do I invest 1.5 million life ins. proceeds

My advice would be to invest it in Vanguard's tax managed 50/50 fund (50% equity, 50% muni bonds). My instructions to my wife are to invest the 1.5M policy that would benefit her precisely that way and withdraw up to 5% of the balance annually on my birthday. If she needs less she can withdraw less....
by Quickfoot
Sun May 20, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: Dividend / no dividend index funds?
Replies: 30
Views: 2433

Re: Dividend / no dividend index funds?

You really have to think about where to hold dividend equities (or whether to hold them at all). Holding dividend funds in tax deferred space can be a terrible idea because you have now successfully converted qualified dividends to fully taxable income and will pay more taxes than if you held them i...
by Quickfoot
Sun May 20, 2018 7:50 pm
Forum: Investing - Theory, News & General
Topic: Roll your own index fund current viability
Replies: 22
Views: 1404

Re: Roll your own index fund current viability

ETF index fund costs are so low you'd never be able to match them even with zero trade costs, your time has value. Just insuring your investments were tracking your desired index would result in more cost than investing in a low cost fund (automated doesn't really help you here because you have to d...
by Quickfoot
Sun May 20, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 76
Views: 9483

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

Buffet says that bonds are a terrible investment. I can agree with that. He does NOT say don't buy bonds. Berkshire owns a lot of short term high quality "bonds" (debt instruments-many of which retail investors do not have access to). This provides liquidity for future opportunities that Buffet doe...
by Quickfoot
Tue May 15, 2018 2:19 pm
Forum: Personal Consumer Issues
Topic: College laptop for fall 2018 freshman
Replies: 82
Views: 4534

Re: College laptop for fall 2018 freshman

The comments I've posted are 100% fact, my entire family uses iPhones and I actually considered purchasing a Macbook because of Apple's customer service but at the end of the day the customer service just didn't offset the negatives of the MBP. Apple itself has admitted that it knows the Macbook Pro...
by Quickfoot
Mon May 14, 2018 9:37 pm
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7116

Re: Is there a boglehead muscle car?

Got a 3 year old BMW 535 for $32,000 with 15,000 miles on it. 320 ft/lb torqe at 1800 RPM and ~ 300 HP makes for a very fun to drive car with more amenities and higher reliability plus better performance than a Charger V6 (the V8 Mustang can't match it for torque until > 4000 RPM) and a lower price ...
by Quickfoot
Mon May 14, 2018 9:20 pm
Forum: Personal Consumer Issues
Topic: College laptop for fall 2018 freshman
Replies: 82
Views: 4534

Re: College laptop for fall 2018 freshman

Don't pay the Apple premium, the Mac line of computers are aging and for the first time in memory are considerably behind windows computers both in build quality and performance. Do you own a current MacBook Pro? They are exceedingly snappy. I compare mine to my high end gaming laptop, and outside ...
by Quickfoot
Sun May 13, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: First time seller interviewing realtors--what to ask?
Replies: 19
Views: 1638

Re: First time seller interviewing realtors--what to ask?

Zillow does a reasonable comp based on your address, their algorithm looks at other listings in the area AND houses that have recently sold which is precisely what a realtor does and many just use Zillow or a cursory MLS search to price a property (especially if there isn't anything remarkable about...
by Quickfoot
Sun May 13, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: College laptop for fall 2018 freshman
Replies: 82
Views: 4534

Re: College laptop for fall 2018 freshman

Many people don't realize you can use Office on a Chromebook as well, just use office.com which allows you to use web based office applications. Google Docs is ok for casual use but once again not good for college assignments or business use. Acer builds really good chromebooks if a full laptop isn'...
by Quickfoot
Sun May 13, 2018 11:06 am
Forum: Personal Consumer Issues
Topic: College laptop for fall 2018 freshman
Replies: 82
Views: 4534

Re: College laptop for fall 2018 freshman

Students get Microsoft Office free through Office 365, don't try to use Open Office in college unless the college itself uses Open Office. The compatibility simply isn't that good and minor formatting problems in APA and other college formats can result in BIG point docks on assignments. Free Office...
by Quickfoot
Sun May 13, 2018 10:48 am
Forum: Personal Consumer Issues
Topic: College laptop for fall 2018 freshman
Replies: 82
Views: 4534

Re: College laptop for fall 2018 freshman

Did Microsoft ever start making their own hardware for a laptop? I am aware of the Surface tablets. Also, did they ever start making their own hardware for a Windows phone? They did, the Surface Book, it's a good laptop but price comparitive to Macbook Pro, also the charger is too small to keep the...
by Quickfoot
Sun May 13, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to rent as a retiree?
Replies: 83
Views: 8737

Re: Does it make sense to rent as a retiree?

Ummm, these costs are built into your rent. How else will the landlord cover them? As for me, I see home ownership as a form of diversification (besides someplace you live and can customize as you wish). Do you really want all your assets in the stock and bond market? And if your home is paid off, ...
by Quickfoot
Sun May 13, 2018 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to rent as a retiree?
Replies: 83
Views: 8737

Re: Does it make sense to rent as a retiree?

I think it does, it preserves liquidity of assets and provides living arrangement flexibility. It also minimizes expenses because you aren't responsible for fixing things like the roof, water heaters, furnace, etc.
by Quickfoot
Sat May 12, 2018 9:56 pm
Forum: Personal Consumer Issues
Topic: College laptop for fall 2018 freshman
Replies: 82
Views: 4534

Re: College laptop for fall 2018 freshman

The Acer Swift is actually a very good mid range laptop, https://www.bestbuy.com/site/acer-swift-3-14-laptop-intel-core-i5-8gb-memory-256gb-solid-state-drive-sparkly-silver/6025409.p?skuId=6025409, at $649 for 256 GB SSD, 8 GB RAM and I5 processor. Acer has good build quality, good battery life, SSD...
by Quickfoot
Sat May 12, 2018 9:43 pm
Forum: Personal Consumer Issues
Topic: College laptop for fall 2018 freshman
Replies: 82
Views: 4534

Re: College laptop for fall 2018 freshman

For college kids a drop / spill warranty is a lot more important than a failure warranty. Most electronics that will fail do so within 3 months, that's why extended warranties are a huge waste of money. College students are far more likely to drop a laptop or spill a drink in it than have a componen...
by Quickfoot
Sat May 12, 2018 9:24 pm
Forum: Personal Consumer Issues
Topic: College laptop for fall 2018 freshman
Replies: 82
Views: 4534

Re: College laptop for fall 2018 freshman

Don't pay the Apple premium, the Mac line of computers are aging and for the first time in memory are considerably behind windows computers both in build quality and performance. The Macbook Air is essentially dead (hasn't been updated in forever) and the MacBook Pro has quality issues and is using ...
by Quickfoot
Mon Apr 23, 2018 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Job Interview - Send follow up email?
Replies: 16
Views: 1689

Re: Job Interview - Send follow up email?

Always send a follow up email thanking the person for their time and expressing interest in the position and offer to provide any additional information the hiring manager may need. If you did NOT know the answer to one of the interview questions it's also a good time to provide the answer, it shows...
by Quickfoot
Mon Apr 23, 2018 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: How long have you been unemployed?
Replies: 60
Views: 5513

Re: How long have you been unemployed?

37, I'm a senior technology professional and have been laid off twice, never missed a day of work even at the peak of the 2008 recession. A huge part of being employable is continually developing your skill set and relevance, if you do that you will always be in demand no matter the economic climate.
by Quickfoot
Mon Apr 23, 2018 9:13 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 12298

Re: How Far is too Far, Commuting?

For the past 10 years my commute has been ~ 30 minutes each way which is too far in my opinion. My present commute is roughly 27 feet from my bed to my office as 6 months ago I started working from home full time. In my opinion people that commute even an hour each way are wasting huge portions of t...
by Quickfoot
Wed Feb 14, 2018 9:53 pm
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 280
Views: 18065

Re: For BHs who actually like cars - [what car do you drive every day?]

I drive a BMW 535 M Sport, got it when it was 3 years old with 14K miles on it for 32K, a little more than 32K less than what it sold for new. I also have a paid off pickup that is mostly used for camping or bad weather driving. The BMW is ABSOLUTELY worth it, holographic HUD should be mandatory on ...
by Quickfoot
Wed Oct 18, 2017 10:29 am
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 158
Views: 16694

Re: anyone else not liking the new cars?

I'm actually the opposite, I think the old Lexus cars were ungodly ugly and boring, the ONLY good thing they had going for them was reliability. On the other hand the new ES and IS looks actually have me considering Lexus. For the first time ever I walked by a Lexus, stopped and walked by it again b...
by Quickfoot
Wed Oct 18, 2017 9:37 am
Forum: Personal Consumer Issues
Topic: urgent battery pack recommendation for mac book pro
Replies: 10
Views: 673

Re: urgent battery pack recommendation for mac book pro

As long as you have a good internal battery there's absolutely no reason to replace it, there would be zero benefit. There are many external battery packs you can get, Anker is a good brand but there are others as well. External battery packs connect to your laptop power port and charge it and are t...
by Quickfoot
Wed Oct 18, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Credit scores fell this month a lot for no reason
Replies: 40
Views: 2859

Re: Credit scores fell this month a lot for no reason

There are a few possibilities, #1 an old credit item that was boosting your score fell off your report and that caused your score to drop (most likely), #2 someone stole your information and opened new accounts causing your score to go down, #3 a negative event occurred such as a missed or late paym...
by Quickfoot
Tue Oct 17, 2017 3:03 pm
Forum: Personal Consumer Issues
Topic: Is there really a lithium battery in a USB-C-to-micro-USB adapter?
Replies: 8
Views: 837

Re: Is there really a lithium battery in a USB-C-to-micro-USB adapter?

It is possible it does but unlikely, USB-C is capable of transporting up to 20V at 5 amps but this is generally from the wall to the device to charge something large such as a laptop. Most commonly USB-C ports on a computer are going to be supplying 5V power at around 1 amp, plenty to power an adapt...
by Quickfoot
Sat Oct 14, 2017 10:37 am
Forum: Personal Consumer Issues
Topic: Anyone else using HTTPS Everywhere or similar?
Replies: 16
Views: 1869

Re: Anyone else using HTTPS Everywhere or similar?

I use three extensions, HTTPS Everywhere, Adblock Plus, and Last Pass. Using HTTPS connections doesn't obscure what sites you are visiting but it does encrypt the traffic between your computer and the site providing SOME protection against man in the middle attacks since a typical attacker isn't cap...
by Quickfoot
Fri Oct 13, 2017 2:54 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 108
Views: 8910

Re: How many miles/years do you keep your car?

Modern car powertrains should go 200,000+ miles without major problems, Trucks tend to last 50K or so miles more than cars. If they've been maintained there's no reason to sell a highly reliable model car until well over 150K miles. My truck is 14 years old, 115K miles and we'll probably keep it ano...
by Quickfoot
Sun Sep 17, 2017 8:45 pm
Forum: Personal Consumer Issues
Topic: Software professional salary
Replies: 10
Views: 1643

Re: Software professional salary

I was just hired as a Senior database professional and was able to command 80th percentile for my region. It's impossible for people to give you an answer because length of a career doesn't tell us what your skill set actually is. If you have 20 years' experience but you skill set is 5-10 years old ...
by Quickfoot
Thu Sep 14, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: How much does my commute cost me?
Replies: 15
Views: 2185

Re: How much does my commute cost me?

I've listened to audible for 2 years while commuting and it can be a very good use of time but be careful, it is distracting as it requires cognitive effort to focus on the lecture or book and that is dangerous. Hands free calling doesn't save lives because it isn't the act of holding a phone that's...
by Quickfoot
Wed Sep 13, 2017 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: How much does my commute cost me?
Replies: 15
Views: 2185

Re: How much does my commute cost me?

Don't bother trying to figure out your vehicle costs of commuting, it is the smallest part of commuting cost. The actual cost of commuting is opportunity cost, what else could you be doing for 100 minutes a day? If you took a shuttle you could read, listen to audio books, use a mobile hot spot and l...
by Quickfoot
Wed Sep 13, 2017 9:07 pm
Forum: Personal Consumer Issues
Topic: Smart phones and data/text usage.
Replies: 31
Views: 2639

Re: Smart phones and data/text usage.

Anyone take a minimal data plan and then turn off data at the phone just so it is available if you need it? We have not taken data or text prior to last week when I added it just to be able to use Uber, or use gas finder app services here in Miami. Typical phone bill for both of us is $36 on Consum...
by Quickfoot
Tue Sep 05, 2017 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Bought crypto currency
Replies: 67
Views: 5288

Re: Bought crypto currency

Any crypto currency is gambling, not an investment. The bottom line is long term world governments aren't going to tolerate competition with government issued currency and it's going to go away. Several countries have already banned it, several more are expected to shortly. Ultimately it doesn't mat...
by Quickfoot
Tue Aug 29, 2017 8:52 am
Forum: Investing - Theory, News & General
Topic: Can stocks or Bitcoin drop to about zero?
Replies: 45
Views: 4709

Re: Can stocks or Bitcoin drop to about zero?

Bitcoin? My speculation is that yes, over a period of week(s) yes it could go to zero or very low. Many things could cause this but most likely govt action (to me this is the single greatest threat as it is a govt's role to issue currency). I agree with everything you said except this. By its very ...
by Quickfoot
Tue Aug 22, 2017 3:59 pm
Forum: Personal Consumer Issues
Topic: iPhone upgrade through Apple vs through carrier
Replies: 19
Views: 2279

Re: iPhone upgrade through Apple vs through carrier

On the Apple plan, don't you simply turn in your phone when you upgrade? If so, you are losing any equity you may have in your old phone. Well they give you a reimbursement for turning it in. Probably not as much as you'd get for selling on the private market though. Thanks. I would just weigh that...
by Quickfoot
Tue Aug 22, 2017 3:57 pm
Forum: Personal Consumer Issues
Topic: iPhone upgrade through Apple vs through carrier
Replies: 19
Views: 2279

Re: iPhone upgrade through Apple vs through carrier

Your line fee is $110 plus $20 per phone? Or $110 total and for how many phones? I didn't realize the companies even offer subsidized phones and contracts anymore. Re: consumer loyalty...when I find a company that I like I tend to stick with them until I find myself unhappy with the service and/or ...
by Quickfoot
Mon Aug 21, 2017 2:01 pm
Forum: Personal Consumer Issues
Topic: Dental Insurance/Costs
Replies: 25
Views: 2415

Re: Dental Insurance/Costs

Most people will probably about break even or come out slightly head on dental insurance if they get twice yearly cleanings, if you get fillings or any other services you'll probably come out significantly ahead by having insurance. Most the time the only way to have lower costs by not having denta...
by Quickfoot
Mon Aug 21, 2017 11:12 am
Forum: Personal Consumer Issues
Topic: iPhone upgrade through Apple vs through carrier
Replies: 19
Views: 2279

Re: iPhone upgrade through Apple vs through carrier

You realize customer loyalty was designed to solely benefit companies and consumers are not rewarded for customer loyalty? It's a psychological exploit used to make consumers less price sensitive and more "sticky" and "bundling" is the same thing, we are taught how to take advantage of it in busines...
by Quickfoot
Mon Aug 21, 2017 11:01 am
Forum: Personal Consumer Issues
Topic: iPhone upgrade through Apple vs through carrier
Replies: 19
Views: 2279

Re: iPhone upgrade through Apple vs through carrier

Apple is the most expensive way to get an annual upgrade. If you have other carrier options consider switching, in particular Verizon does some really attractive offers on iPhones several times per year and price wise is about the same as T-mobile now (I have unlimited data, 4 lines and would save ~...
by Quickfoot
Mon Aug 21, 2017 9:32 am
Forum: Personal Consumer Issues
Topic: Dental Insurance/Costs
Replies: 25
Views: 2415

Re: Dental Insurance/Costs

Most people will probably about break even or come out slightly head on dental insurance if they get twice yearly cleanings, if you get fillings or any other services you'll probably come out significantly ahead by having insurance. Most the time the only way to have lower costs by not having dental...
by Quickfoot
Mon Aug 21, 2017 8:50 am
Forum: Personal Consumer Issues
Topic: Dental Insurance/Costs
Replies: 25
Views: 2415

Re: Dental Insurance/Costs

All really depends on your insurance and the dentist. A few points data points: Delta Dental of MN Plan (which is terrible) 1) Cleanings, covered at no cost 2) Brace for night teeth grinding - Zero insurance coverage, 100% patient responsibility 3) Basic fillings are covered after a $50 deductible ...
by Quickfoot
Wed Aug 16, 2017 7:44 am
Forum: Personal Consumer Issues
Topic: Best Housing To Avoid Noise
Replies: 57
Views: 5858

Re: Best Housing To Avoid Noise

We started talking about avoiding noise on the 'When does renting make sense' thread. Many mentioned that owning a house does not mean less noise. They pointed out how hard it is to go through the process of selling a house if you get loud neighbors as well as the common experience of seeing that h...