Search found 8914 matches

by Jack FFR1846
Sat Apr 20, 2019 7:22 am
Forum: Personal Finance (Not Investing)
Topic: DW worried about What if ...? Wishes to pay off mortgage
Replies: 32
Views: 2496

Re: DW worried about What if ...? Wishes to pay off mortgage

To retain the liquidity you have, take out a no cost HELOC, then pay off the mortgage. We still have a HELOC that we opened in 1996.
by Jack FFR1846
Sat Apr 20, 2019 7:10 am
Forum: Personal Consumer Issues
Topic: Cape Cod to Colonial
Replies: 6
Views: 794

Re: Cape Cod to Colonial

My first house was a Cape Cod so I am familiar with that design. The problem is that in addition to not having enough bedrooms you are likely to have other deficits such as insufficient bathroom and storage space. This really depends on the size of both houses, not the style. Our dormer'd cape with...
by Jack FFR1846
Fri Apr 19, 2019 7:45 pm
Forum: Personal Consumer Issues
Topic: How far would you commute?
Replies: 72
Views: 2673

Re: How far would you commute?

24 miles ain't nothing, I had to travel 55 miles 1 way for a 13 dollars an hour job. I quit that job shortly after as it's incredibly repetitive and took a toll on me yet I was alright with the commute. I start driving at 3 pm and get there at 1600. Start driving back at 0030 and arrive home at 013...
by Jack FFR1846
Fri Apr 19, 2019 7:17 pm
Forum: Personal Investments
Topic: Fire my financial advisor now or later? (recent windfall help needed)
Replies: 44
Views: 3262

Re: Fire my financial advisor now or later? (recent windfall help needed)

The market hits a new all time high, on average, every 18 days. If you're scared that we're at an all time high, move your money and invest....then wait 3 weeks (on average).

Oh, and also....you're paying way more than I do for my entire portfolio.......of $2.4M.
by Jack FFR1846
Fri Apr 19, 2019 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Dealership vs independent mechanics
Replies: 23
Views: 1528

Re: Dealership vs independent mechanics

I was the OP for the previous thread. Taking my car back to the dealer, because they crossthreaded a lug nut during the last visit (as part of their safety inspection) and it sheared off when I took the wheel off to change the brakes. Prior to that, I have had my vehicle in for 2 or 3 other damage ...
by Jack FFR1846
Fri Apr 19, 2019 6:52 am
Forum: Personal Finance (Not Investing)
Topic: RSUs and ESPP after 2-Week Notice
Replies: 21
Views: 1213

Re: RSUs and ESPP after 2-Week Notice

Ask no one. Especially HR who is there to protect the company only and who will tell your boss before you even leave the meeting. Expect a notice before you are vested will result in immediate termination and loss of all RSUs. If you tell anyone, have all your stuff in boxes because you're getting w...
by Jack FFR1846
Thu Apr 18, 2019 1:56 pm
Forum: Personal Consumer Issues
Topic: College admission inputs - Purdue vs local SJSU vs others
Replies: 53
Views: 2469

Re: College admission inputs - Purdue vs local SJSU vs others

Is the WPI $55k after $15k in "aid"? (son is there....it's $70k next year).
by Jack FFR1846
Thu Apr 18, 2019 12:23 pm
Forum: Investing - Theory, News & General
Topic: In which companies do you own a single share, or token amount, of stock?
Replies: 68
Views: 3399

Re: In which companies do you own a single share, or token amount, of stock?

I've got 25 shares of BRK/b. I've wanted to test my thoughts that offloading dividend paying large US ETFs to this non-dividend paying stock could reduce my ongoing tax liabilities. It helped to push myself to looking at state treatment of cap gains (12%) and dividends (5%) and has me rethinking tha...
by Jack FFR1846
Thu Apr 18, 2019 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Dealership vs independent mechanics
Replies: 23
Views: 1528

Re: Dealership vs independent mechanics

It is completely dependent on the skill and actions of whoever works on your car. Example I have had: Dealer: Brought in for alignment and check for exhaust leak. Result: Dealer came up with a laundry list of $10k in needed repairs. Also found big repair covered under warranty. We ok'd head gasket c...
by Jack FFR1846
Thu Apr 18, 2019 8:28 am
Forum: Personal Finance (Not Investing)
Topic: dropping umbrella and increasing auto liability
Replies: 56
Views: 3095

Re: dropping umbrella and increasing auto liability

Add the cost of increasing home owners insurance to $1M as well. Otherwise, it's not a fair comparison.
by Jack FFR1846
Thu Apr 18, 2019 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 91
Views: 7405

Re: Job Offer Evaluation - FANG

Anyone have advice for the following situation? My partner wants to stay in Baltimore for a year while I go to fang. It seems like a waste of money to pay for a mortgage and an apt plus 2 households. Her reasoning is she is going to be promoted to director and wants it on her resume. But it’s only ...
by Jack FFR1846
Thu Apr 18, 2019 6:13 am
Forum: Personal Investments
Topic: Where to put $100,000
Replies: 18
Views: 2173

Re: Where to put $100,000

Have you searched the latest high yield online accounts? Off the top of my head, for that amount, I'd look at CIT, Discover and Ally. Redneck pays 2.5% but only up to $50k. Oh, and dump that loser bank and get a credit union. Who doesn't do electronic transfer these days? Scrooge McDuck Savings and ...
by Jack FFR1846
Wed Apr 17, 2019 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with some stale CDs?
Replies: 5
Views: 655

Re: What to do with some stale CDs?

It's only around $200 to break this. You'll make an extra $200 in one year at 3% over what you make at your current 2% rate. Seems reasonable to break it now and start a new one. Rates will likely continue to rise, so you might run into this again.
by Jack FFR1846
Wed Apr 17, 2019 1:38 pm
Forum: Personal Investments
Topic: Schwab vs. Fidelity vs. Vanguard / 3-fund diversification
Replies: 9
Views: 1036

Re: Schwab vs. Fidelity vs. Vanguard / 3-fund diversification

To me, a total US stock position is "close enough" with anything that's diversified and mainly the bulk of movers in US stock. Over all of my accounts, my US equity position includes: SCHB taxable at Schwab VTI taxable at TDAmeritrade SPTM taxable at TDAmeritrade FZROX IRA at Fidelity FSKAX IRA at F...
by Jack FFR1846
Wed Apr 17, 2019 1:04 pm
Forum: Personal Investments
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 481
Views: 37032

Re: Mr. Money Mustache, SWR, and equity allocation

I credit MMM for getting involved with Lending Club. I also credit MMM for warning that they had turned around, and I got out in short order. Why Pete simply stopped investing and didn't pull out, I gotta think they were a site sponsor. It was blatantly obvious that the time had come to get out and ...
by Jack FFR1846
Wed Apr 17, 2019 9:24 am
Forum: Personal Consumer Issues
Topic: Do you pick up after renting a vacation rental?
Replies: 51
Views: 3379

Re: Do you pick up after renting a vacation rental?

I have this debate with my wife - I say you should rinse them so less garbage goes through the filter. She says I am wrong and that there is no need. I installed and I maintain my dishwasher. I never rince anything. Sure, I'll dump stuff in the trash if there's steak bones or left over green beans,...
by Jack FFR1846
Wed Apr 17, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Jury Duty questions
Replies: 20
Views: 2045

Re: Jury Duty questions

This is completely dependent on not only the state, but likely the county where you live. I recently received a jury notice to serve on a specific date in a specific court. The location with traffic is a good 2 hours away to get there for the 8am start time. I went to the online site they noted to a...
by Jack FFR1846
Wed Apr 17, 2019 9:15 am
Forum: Personal Investments
Topic: Ditching Edward Jones...but need some advice & guidance
Replies: 9
Views: 1225

Re: Ditching Edward Jones...but need some advice & guidance

I'd include Schwab and TDAmeritrade in the mix. Schwab is pretty well known for holding just about anything and you can likely get a bonus for moving there. TDAmeritrade similar with bonus. What you'd want to find out is about any funds that you won't want after transfer. How much will it cost to se...
by Jack FFR1846
Wed Apr 17, 2019 8:23 am
Forum: Personal Investments
Topic: How often do you check up on your investments?
Replies: 35
Views: 2093

Re: How often do you check up on your investments?

I check my TDAmeritrade and Schwab accounts multiple times during the day when the market is open and update my investments spread sheet. These are all ETFs so their price changes by the second. I'll check Fidelity the next day, since they're all mutual funds and don't report until about 7:30pm afte...
by Jack FFR1846
Wed Apr 17, 2019 8:18 am
Forum: Personal Consumer Issues
Topic: Do you pick up after renting a vacation rental?
Replies: 51
Views: 3379

Re: Do you pick up after renting a vacation rental?

Barsoom wrote:
Wed Apr 17, 2019 8:06 am
We will rinse the dishes and put them in the dishwasher, but that's about it.

-B
We put all the dishes in the dishwasher and hit start as we're going out the door.

Why do you rinse the dishes before you put them in the dishwasher? Isn't that what a dishwasher does?
by Jack FFR1846
Wed Apr 17, 2019 8:15 am
Forum: Personal Investments
Topic: Financial Advisor Issues
Replies: 18
Views: 1373

Re: Financial Advisor Issues

Liquidate.

Put everything into Schwab and buy SCHB (large US companies).

Enjoy zero AUM fee, zero 12b-1 fee, zero front end load, zero transaction fee, 0.03% net ER.

When you need money, sell some SCHB and take the money out.

The end.
by Jack FFR1846
Wed Apr 17, 2019 7:38 am
Forum: Personal Investments
Topic: Family of 4 - Estimate Retirement Expenses
Replies: 16
Views: 879

Re: Family of 4 - Estimate Retirement Expenses

It all comes down to predicted numbers. Will you still have a mortgage when you retire? If not, throw out that expense. Will your kids be in college when you retire? If so, add that expected expense. I've made myself a "life" spread sheet that predicts year by year what my investments are doing, wha...
by Jack FFR1846
Wed Apr 17, 2019 7:31 am
Forum: Personal Consumer Issues
Topic: What is your hobby and how did it come to be your hobby?
Replies: 88
Views: 6298

Re: What is your hobby and how did it come to be your hobby?

I've got 2. One makes me money and the other one costs money. 1: Electronic scrapping. I collect electronic stuff from various places where it's being thrown out. Separate out everything usable from various metals to different types of boards, wire, etc. When going by the e scrap yard, I'll bring al...
by Jack FFR1846
Tue Apr 16, 2019 4:19 pm
Forum: Personal Consumer Issues
Topic: Considering an e bike or conversion kit
Replies: 20
Views: 902

Re: Considering an e bike or conversion kit

I came this close (fingers really close together) to buying an e Bike at a shop in Londondery, NH. At the time, they had a bike with a modest 250W assist motor and relatively small seat mounted battery. What I liked was that it was the closest to a "real" bike by design. It weighed only 32 pounds (n...
by Jack FFR1846
Tue Apr 16, 2019 12:24 pm
Forum: Personal Consumer Issues
Topic: Boston area - nice towns for families
Replies: 79
Views: 4444

Re: Boston area - nice towns for families

South Minneapolis I provided a property near downtown Boston that met the affordability criteria. The point of it being impossible to find a property is preposterous, but as you indicate there are trade-offs. One just needs to pick what is important to them and live with the downsides. In many case...
by Jack FFR1846
Tue Apr 16, 2019 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: $25K Whole Life policy for daughter - $130/year - keep it?
Replies: 66
Views: 8497

Re: $25K Whole Life policy for daughter - $130/year - keep it?

If your daughter makes it to 98, at 2.85% average inflation, whoever gets the payoff will have approximately what $3200 today would buy.
by Jack FFR1846
Tue Apr 16, 2019 10:07 am
Forum: Personal Consumer Issues
Topic: Migrating to better weather in retirement -- rent a timeshare or buy a vacation home?
Replies: 21
Views: 1914

Re: Migrating to better weather in retirement -- rent a timeshare or buy a vacation home?

Renting a "place" where you think you might want to retire is an excellent idea. Whether that means staying at a hotel, paying for an Air BnB, renting a time share unit from an owner or from the resort....doesn't matter. The key is not to tie yourself down. Buying a place before you're absolutely su...
by Jack FFR1846
Tue Apr 16, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Payment for an auto accident claim (?)
Replies: 10
Views: 692

Re: Payment for an auto accident claim (?)

It's completely your choice. My son was hit by a driver not looking and pulling out of a parking lot. Bashed in the passenger rear door of our 14 year old car. We have collision and I went through our own insurance company. They paid me $1800. I had wanted to try out some of the dent removal techniq...
by Jack FFR1846
Tue Apr 16, 2019 9:37 am
Forum: Personal Finance (Not Investing)
Topic: How would you handle work situation?
Replies: 16
Views: 1361

Re: How would you handle work situation?

Feel free to put words into your co-workers' mouths. Co-worker has completed all that's needed to capture the promotion, but no promotion occurs. You sympathize with your co-worker because you can see that this seems to be company culture. You know that other opportunities abound for anyone looking ...
by Jack FFR1846
Tue Apr 16, 2019 6:41 am
Forum: Personal Finance (Not Investing)
Topic: Executor of Will - Selling House in Poor Condition
Replies: 80
Views: 5522

Re: Executor of Will - Selling House in Poor Condition

My wife's aunt recently moved to assisted living, leaving the 130 year old 3 decker house in horrible shape. 3 level porch settled so much there was a 2 foot gap between one porch floor and the post going to the next level. Paint is all lead, insulation is all asbestos, some wiring knob and tube, oi...
by Jack FFR1846
Mon Apr 15, 2019 8:09 pm
Forum: Personal Consumer Issues
Topic: Boston area - nice towns for families
Replies: 79
Views: 4444

Re: Boston area - nice towns for families

So my husband informs me that the office address is actually north Needham not Newton Highlands (that's what it looked like to me on the map!) but I guess it isn't much of a difference. If on the west side of 128, boy....I'd look in south Natick and Medfield, myself. Nice commute distance and on ba...
by Jack FFR1846
Mon Apr 15, 2019 1:45 pm
Forum: Personal Investments
Topic: $1.1 million rental portfolio, but tired of being a landlord
Replies: 86
Views: 10144

Re: $1.1 million rental portfolio, but tired of being a landlord

teelainen wrote:
Mon Apr 15, 2019 12:55 pm
bla bla bla bla bla bla
- This investor is tired of being a landlord
bla bla bla bla bla bla
Sell the properties and take jobs you think are fun.
by Jack FFR1846
Mon Apr 15, 2019 1:40 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you play credit card bonus games?
Replies: 84
Views: 5430

Re: After financial independence, do you play credit card bonus games?

Yup. My wife works night shifts as a nurse for a few shifts a month to the tune of $12k a year. I play bonus/points/gas-points/tradelines/low-balance-forgiveness/account-transfer shenanigans to the tune of about $10k a year. I guaranty you she works way harder than I do. It's good to pay attention. ...
by Jack FFR1846
Mon Apr 15, 2019 10:36 am
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 18307

Re: Talk me in/out of $35k Tesla Model 3

FoolStreet wrote:
Sun Apr 14, 2019 9:40 pm

You shouldn’t be in the carpool lane then! :-)

NoA will move you out of the passing lane so that you don’t block it.
What's a carpool lane?

Must be one of those things they have in California like overpriced $3 a gallon gas that we don't have out our way.
by Jack FFR1846
Mon Apr 15, 2019 10:25 am
Forum: Personal Consumer Issues
Topic: Do You Give Money to Panhandlers?
Replies: 38
Views: 1824

Re: Do You Give Money to Panhandlers?

I'm too observant. Seems the ones standing at stop lights have a phone that's 4 generations newer than mine and wear sneakers that cost about what my phone did. And I've seen them change shifts. Yes. The one at the light when I stopped hands over his sign to the new one who shows up and off he goes....
by Jack FFR1846
Mon Apr 15, 2019 6:35 am
Forum: Personal Consumer Issues
Topic: Boston area - nice towns for families
Replies: 79
Views: 4444

Re: Boston area - nice towns for families

One key take-away from this thread is that there are many decent towns for families in the Boston area. Some complain about Massachusetts being a high tax state but the taxes are nowhere near as high as certain New York or California towns and with MA, you get what you pay for: decent schools and p...
by Jack FFR1846
Sun Apr 14, 2019 9:58 pm
Forum: Personal Consumer Issues
Topic: Where To Get New Bikes
Replies: 64
Views: 3795

Re: Where To Get New Bikes

I'd go one step aside from 123. LBS for "real" bikes for the adults. Craigslist, yard sales or frankly from "free" signs on kids bikes at the end of driveways. I worked at a bike shop as a teenager and raced competitively. As a bike mechanic, I saw the overweight garbage that the box stores sold. Th...
by Jack FFR1846
Sun Apr 14, 2019 7:29 am
Forum: Personal Investments
Topic: Zero Fees: Fidelity Lower than Vanguard
Replies: 10
Views: 868

Re: Zero Fees: Fidelity Lower than Vanguard

The majority of my IRA was already at Fidelity. With the introduction of Zero funds, I thought about it for a few days and split my equity position in half there. In the mean time, Fidelity changed the fees on their other funds (lower), removing the higher minimum, lower fee separators. Since that t...
by Jack FFR1846
Thu Apr 11, 2019 10:25 pm
Forum: Personal Consumer Issues
Topic: Help Me Move to Low Country USA
Replies: 22
Views: 2826

Re: Help Me Move to Low Country USA

That should be easy. I have no idea what low country is nor a club community is, but I'm seeing houses on Redfin that match near the country club in our town. I have to think if I'm finding this in Eastern Massachusetts, the budget shouldn't be an issue. We're an hour from Boston (unless you run rea...
by Jack FFR1846
Thu Apr 11, 2019 3:08 pm
Forum: Investing - Theory, News & General
Topic: Active vs Passive Fund management
Replies: 18
Views: 1337

Re: Active vs Passive Fund management

My response to such a claim is very simple......"Here's $10k. Please invest it for me in 2000 in those funds you're talking about. Sell them all in 2015. Where's my profit".
by Jack FFR1846
Wed Apr 10, 2019 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Replacing Main car to get better safety features
Replies: 51
Views: 2015

Re: Replacing Main car to get better safety features

It may be worthwhile to list out (for yourself) the safety features the new Impreza/Crosstrek will have that you don't have now. I know our 13 Crosstrek has reverse camera, so I assume your Impreza does. Eyesight works really well compared to the rest of the industry, but it is certainly not perfect...
by Jack FFR1846
Tue Apr 09, 2019 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Broadly Written Non-Competes
Replies: 12
Views: 1043

Re: Broadly Written Non-Competes

It is state dependent. And states with strong enforcement of non competes will allow the company's lawyers to reign hell on you and on the company who hires you. It's why so many engineers coming out of MIT go to California. Mass allows strong enforcement of any non compete. California forbids them ...
by Jack FFR1846
Tue Apr 09, 2019 3:13 pm
Forum: Investing - Theory, News & General
Topic: Did I read this correctly? SS and your AA
Replies: 36
Views: 4025

Re: Did I read this correctly? SS and your AA

I take needed $$ to live (minus) pension $ (minus) $social security.

Then I take my portfolio to fund the needs of the result of the above.

SS and pension $$ have zero relation in my AA.

Sorry if I'm illogical, I'm just a silly engineer.
by Jack FFR1846
Sun Apr 07, 2019 12:02 pm
Forum: Personal Consumer Issues
Topic: Help me cross shop a new Nissan Maxima
Replies: 13
Views: 746

Re: Help me cross shop a new Nissan Maxima

Not sure of your requirements.... Do you require a manual? Do you require a V6 or is an H6 or inline 6 ok? Is there a horsepower requirement? There are far more turbo 4's out there these days with more power than 6's (and even 8's). Do you require 4 doors? I looked for a V6 4 door manual sedan and f...
by Jack FFR1846
Sun Apr 07, 2019 7:18 am
Forum: Personal Finance (Not Investing)
Topic: best card bonus for $500 in spend in 3 months
Replies: 23
Views: 1913

Re: best card bonus for $500 in spend in 3 months

Let me think. I just got a US Bank cash something or other. $150 for $500 spend. I got it in my mail box the same day as my car insurance bill. Bam....one day done.
by Jack FFR1846
Sat Apr 06, 2019 2:51 pm
Forum: Personal Consumer Issues
Topic: Son's dubious job offer
Replies: 32
Views: 6307

Re: Son's dubious job offer

If he's a new college grad, starting a new company, it's possible that they start all college grads the same day. I still remember graduating from my undergrad college and had my offer by about the middle of January for a July 1 start date. So that's not unusual. Fiscal year also starts for many com...
by Jack FFR1846
Sat Apr 06, 2019 6:29 am
Forum: Investing - Theory, News & General
Topic: Those who view everything as one portfolio - how do you determine allocations and how "funded" different goals are?
Replies: 28
Views: 2150

Re: Those who view everything as one portfolio - how do you determine allocations and how "funded" different goals are?

I keep a pool of liquid funds for near term spending. College tuition for DS1, Private school tuition for DS2, insurance, property tax. All this is in cash, ready for the next 2 or less months. Extra income goes into investments at my overall allocation. If I need more money for a big near term bill...
by Jack FFR1846
Fri Apr 05, 2019 1:47 pm
Forum: Personal Investments
Topic: Has anyone had any experience with TD Essential and Selective Portfolios?
Replies: 12
Views: 293

Re: Has anyone had any experience with TD Essential and Selective Portfolios?

I have about $300k at TDA, so went in and banged around looking for info on these things (I had never heard of them before, but I made it clear with the rep giving my transfer bonus that I do everything myself and want no help ever) I found essential portfolios appear to charge 0.3% per quarter (1.2...
by Jack FFR1846
Fri Apr 05, 2019 1:00 pm
Forum: Investing - Theory, News & General
Topic: Fidelity, Schwab unseat Vanguard in new phase of fintech
Replies: 29
Views: 3607

Re: Fidelity, Schwab unseat Vanguard in new phase of fintech

This doesn't address those of us who use a mixed approach. I hold my Vanguard funds at Fidelity and have gotten what I consider the best of both worlds. Fidelity's wider range of services and Vanguard's great funds. Do you actually hold MFs or the ETF equivalent? I thought Fidelity charged big doll...
by Jack FFR1846
Fri Apr 05, 2019 12:49 pm
Forum: Personal Investments
Topic: Grandparents gifting options for grandkids college
Replies: 48
Views: 3148

Re: Grandparents gifting options for grandkids college

What my mom does for my older son in college now: Gets a bank check made out to the college and mails it to me. I have my son bring it to the Bursar's office to apply to his bill. Son directly sees his grandmother's generosity. My mom doesn't eat into her gift allowance for the year (direct payments...