Search found 12480 matches

by Jack FFR1846
Thu Oct 01, 2020 7:39 am
Forum: Personal Consumer Issues
Topic: UShip.com or Similar
Replies: 2
Views: 128

Re: UShip.com or Similar

You just need to understand that U-Ship is a broker and is looking for bottom of the barrel transport. I had a buyer use U-Ship to transport an engine/transmission I had sold. The "shipper" showed up in a 30 year old Ford Ranger that looked in worse shape than a parts car. He had no way to get the e...
by Jack FFR1846
Thu Oct 01, 2020 6:48 am
Forum: Personal Investments
Topic: Advice for Boglehead friend who has a non-Boglehead wife?
Replies: 5
Views: 488

Re: Advice for Boglehead friend who has a non-Boglehead wife?

He should manage accounts in his name and let her manage accounts in her name.
by Jack FFR1846
Wed Sep 30, 2020 4:14 pm
Forum: Personal Consumer Issues
Topic: Amazon seller requires signature for item shipped via Fedex
Replies: 21
Views: 914

Re: Amazon seller requires signature for item shipped via Fedex

I have had FedEx shipments diverted to a FedEx center. They notified me when it arrived and I went and signed for it. I was able to divert it with the tracking number alone.
by Jack FFR1846
Wed Sep 30, 2020 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on college and aid for National Merit Semi Finalist
Replies: 36
Views: 1771

Re: Thoughts on college and aid for National Merit Semi Finalist

For FAFSA, you both need to fill it out and it's based on the same as if you're still married. You'll get unsubsidized Staffords, the end. You have no (FAFSA view) need and your EFC will likely be double what your school total cost is. Our family got laughed out the door at a little over half your i...
by Jack FFR1846
Wed Sep 30, 2020 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Sanity Check, MA-area
Replies: 3
Views: 230

Re: Refinance Sanity Check, MA-area

I would recommend looking for true no cost refinances. I don't hear the ads every 5 minutes like in the 90's, but I'm hearing the ads again on WBZ now and then for no cost refis. The reason I like these, and did 3 of them, is because your payback time is zero. Your rate will be slightly higher than ...
by Jack FFR1846
Wed Sep 30, 2020 11:38 am
Forum: Personal Consumer Issues
Topic: Indoor bike trainer options
Replies: 12
Views: 579

Re: Indoor bike trainer options

Consider a set of rollers. It keeps you engaged because if you don't pay attention, you fall off it. I used some back when I was a road racer and found it far less mind numbing compared to anything stationary. They're not expensive and you use your own real bike. Second idea....mountain bike. Stayin...
by Jack FFR1846
Wed Sep 30, 2020 8:44 am
Forum: Personal Consumer Issues
Topic: Oil change disaster
Replies: 60
Views: 6522

Re: Oil change disaster

OP.....can you tell us which of the 4 available engines you have. Again, familiar with the 3.6L Pentastar V6 myself. Blown seal? With the 3.6, the drain plug does NOT use a washer. There's a rubberized O ring built into the drain plug. There is an O ring on the oil filter cap that is usually replace...
by Jack FFR1846
Wed Sep 30, 2020 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Six Figure Student Debt
Replies: 38
Views: 2802

Re: Six Figure Student Debt

Having a 24 year old new grad at home, I have been through this and hope I can help you a bit. As mentioned, currently the student loan rate has been dropped to zero. There may be some level of loan forgiveness following the turn of the year. I've advised my son to continue filling his Roth, put eno...
by Jack FFR1846
Tue Sep 29, 2020 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Interest Rates Down...Close Car Loan?
Replies: 9
Views: 723

Re: Interest Rates Down...Close Car Loan?

You'll hear various opinions.

If this were me, I'd look at the loan rate, the rate I could guaranty would come from something else (iBond, CD, HYSA) and if I couldn't beat 0.9%, yes, I'd pay it down.
by Jack FFR1846
Tue Sep 29, 2020 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: 401K Overpayment - Ex Employer Asking for Money Back
Replies: 110
Views: 6265

Re: 401K Overpayment - Ex Employer Asking for Money Back

The letter (great outlines above) should go to the address/department who sent you the letter, to the CFO of the company and to the company's general counsel. I don't think you need to demand they pay your costs yet. But if they continue, you soon will through counsel who you will retain or proceed ...
by Jack FFR1846
Tue Sep 29, 2020 3:55 pm
Forum: Personal Investments
Topic: Backdoor Roth for College Savings
Replies: 16
Views: 823

Re: Backdoor Roth for College Savings

If you don't have a traditional IRA, then absolutely.....do backdoor Roths for both of you every year. WRT college funding and the Roth vs a 529, the Roth is much more versatile. You won't be limited or penalized like you will with a 529. And the idea of a tax savings from your state depends on your...
by Jack FFR1846
Tue Sep 29, 2020 3:47 pm
Forum: Personal Investments
Topic: Mother Has Asked Me For Retirement Advice
Replies: 23
Views: 2215

Re: Mother Has Asked Me For Retirement Advice

Her "Retirement Plan" could be 300,000 beanie babies bought in 1993. Not something that can be transferred in kind to Vanguard.

You don't know enough to recommend anything.
by Jack FFR1846
Tue Sep 29, 2020 2:26 pm
Forum: Personal Consumer Issues
Topic: Do you have any hobbies for a long winter? I bought a Sony A7 III mirrorless camera.
Replies: 63
Views: 3428

Re: Do you have any hobbies for a long winter? I bought a Sony A7 III mirrorless camera.

If there's snow and rental places are operating, I'd like to go rent a sled for a day here and there. Sold our sleds years ago. Like boats, for me, renting makes far more sense.
by Jack FFR1846
Tue Sep 29, 2020 2:20 pm
Forum: Personal Consumer Issues
Topic: New Roof leaks - roofing company unresponsive
Replies: 9
Views: 1264

Re: New Roof leaks - roofing company unresponsive

Thanks for the replies, especially the logical steps galawdawg. The company finally got back to them and went out to fix the leak this afternoon. Hopefully it's taken care of now. I think they should still have a roofing inspector look at it. It's not an insurance job and the company is part of BBB...
by Jack FFR1846
Tue Sep 29, 2020 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing a lake house with my parents
Replies: 37
Views: 3417

Re: Purchasing a lake house with my parents

Since its in your town, sell your house, buy the lake house. Clean and you don't have a second house's expenses to keep up on top of a first house.

Alternately: Your parents sell their home and buy the lake house.
by Jack FFR1846
Tue Sep 29, 2020 11:00 am
Forum: Personal Consumer Issues
Topic: DIY life style. Typical Boglehead?
Replies: 91
Views: 6519

Re: DIY life style. Typical Boglehead?

I DIY just about everything. I hate carpentry, so an exterior house repair job that would take a carpenter 3 hours to do takes me a year (I just finished such a job). If I can't do something, I won't do it. Maybe I'll pay to get it done or it just won't get done. I will say that big jobs that I coul...
by Jack FFR1846
Tue Sep 29, 2020 10:46 am
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 206
Views: 13107

Re: A simpler car.

IMHO, the best thing, from a safety perspective, is not the bells and whistles on a car. It's YOU (the collective folks behind the wheel). It's defensive driving lessons to understand car weight dynamics, learning how to avoid getting into accidents in the first place, and how to bring your car bac...
by Jack FFR1846
Tue Sep 29, 2020 8:38 am
Forum: Personal Finance (Not Investing)
Topic: unemployed and freaked
Replies: 15
Views: 3252

Re: unemployed and freaked

You didn't say if your SO is working or not. I believe this is the most important thing in your life right now. Assuming you are pulling in unemployment insurance (I don't think you said if you are or not), your SO should be working to bring some cash into the household. As I've said in a number of ...
by Jack FFR1846
Mon Sep 28, 2020 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Would you pay off a 1.5% school loan
Replies: 27
Views: 1973

Re: Would you pay off a 1.5% school loan

I'm going to say to keep the loan.

Why?

Because it's very low cost and will help keep your credit score up. The biggest think keeping my score down is the lack of an installment payment loan. I can't get a 1.5% loan. A higher credit score might help you in car loans or insurance cost.
by Jack FFR1846
Mon Sep 28, 2020 1:33 pm
Forum: Personal Consumer Issues
Topic: What Age Appropriate For STAR WARS?
Replies: 24
Views: 1068

Re: What Age Appropriate For STAR WARS?

LittleMaggieMae wrote: Mon Sep 28, 2020 1:13 pm
There's some questionable stuff in the original Star Wars movie (1978) - but ......
1977

I drove to the theater coworkers and we saw it when it came out. By 78, I no longer worked there.
by Jack FFR1846
Mon Sep 28, 2020 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Friend on the verge of financial ruin, how to help?
Replies: 130
Views: 14038

Re: Friend on the verge of financial ruin, how to help?

Her daughter shares an apartment with a boyfriend, so moving out would be complicated. Oh please. If the daughter wants to play house with her boyfriend, she should be able to pay her own way. There is no lack of nearly immediate jobs. Just not in her field, which I understand. Too bad. Life doesn'...
by Jack FFR1846
Sun Sep 27, 2020 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Universal Life Insurance Keep or Cash Out
Replies: 34
Views: 1838

Re: Universal Life Insurance Keep or Cash Out

The numbers for you look good because your parents paid for this since birth. I cashed a UL policy after reading the illustration, but the policy was taken out when I was older and I cashed it 27 years later in my late 50s because the cash value had already started dropping and insurance, which I di...
by Jack FFR1846
Sun Sep 27, 2020 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Friend on the verge of financial ruin, how to help?
Replies: 130
Views: 14038

Re: Friend on the verge of financial ruin, how to help?

Why is the daughter with no job living in her own apartment? She needs to move home. She'll equally have no job but will also have no rent payment and can help her mom. I'm going to add that daughter should get a job at Lowes/Home Depot/Amazon/Wal Mart. All are hiring nationwide and all pay more tha...
by Jack FFR1846
Sun Sep 27, 2020 5:31 pm
Forum: Personal Consumer Issues
Topic: Car Battery issues - SHORT Drive due to COVID (Work From Home)
Replies: 70
Views: 3801

Re: Car Battery issues - SHORT Drive due to COVID (Work From Home)

Your situation certainly rules out lots of the ordinary solutions. If I were in your shoes, I'd do a few things. Buy a small jump pack. Most use a small gel cell (like a UPS battery). You don't need a big one. This will give you an emergency way to start the car. For charging the battery during your...
by Jack FFR1846
Sat Sep 26, 2020 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 0.8% to 0.6%
Replies: 117
Views: 10338

Re: Ally Bank savings interest rate dropping from 0.8% to 0.6%

Redneck is still 0.80% but I would expect they'll drop soon too. And yes, I'm moving money from Ally over to Redneck. It's easy and if I get a couple more dollars, it's worth it to me.
by Jack FFR1846
Sat Sep 26, 2020 4:09 pm
Forum: Personal Consumer Issues
Topic: Oil change disaster
Replies: 60
Views: 6522

Re: Oil change disaster

To the OP here.....what engine does your Grand Cherokee have. I see 4 potential choices. I am very familiar with the 3.6L Pentastar V6, but none of the other 3.

From one of your comments.....if it's the 3.6, the oil filter housing is also a cooler, with coolant running through it.
by Jack FFR1846
Sat Sep 26, 2020 3:08 pm
Forum: Personal Consumer Issues
Topic: Oil change disaster
Replies: 60
Views: 6522

Re: Oil change disaster

Possible issues. I don't know Grand Cherokees, but I do know that the 3.6L V6 in the Wrangler had a change in oil filter between the 2013 and 2014 model years. If a 2013 filter is used in a later year engine, you'd have an immediate oil light. There's a little nub on the end of the filter element an...
by Jack FFR1846
Sat Sep 26, 2020 12:21 pm
Forum: Personal Consumer Issues
Topic: Talk me into buying a Tesla Model Y
Replies: 74
Views: 4966

Re: Talk me into buying a Tesla Model Y

My take is that the Y is a 3 with a third row of seats squeezed in. Do you need a third row of seats? If yes, go ahead and get a Y. If no, and you want a Tesla, why not just get a 3?
by Jack FFR1846
Sat Sep 26, 2020 8:54 am
Forum: Personal Finance (Not Investing)
Topic: At what networth is okay to splurge on a 200k car ? (Tesla roadster)
Replies: 159
Views: 10367

Re: At what networth is okay to splurge on a 200k car ? (Tesla roadster)

Driving sports car now vs when you are wearing denture sure feels different. Buy now. Life is too short and you aint taking leftover money with you when you die. I agree - how about a corvette? Have some fun and also hold value or maybe make some money along the way. Corvette values (new) drop like...
by Jack FFR1846
Sat Sep 26, 2020 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Gazillionth mortgage pay off question
Replies: 66
Views: 5178

Re: Gazillionth mortgage pay off question

Here's the 2 expert opinions with a bit of comment: Dave Ramsey: Mortgages are debt. You'd be an idiot not to pay it off. What I'd do: Get a NO COST HELOC first. You don't care what the rate is. You just want the equity available to you. Then pay off/down the mortgage. Ric Edelman: Mortgages are che...
by Jack FFR1846
Sat Sep 26, 2020 8:31 am
Forum: Personal Finance (Not Investing)
Topic: estate planning attorneys: how to split an inheritance?
Replies: 28
Views: 2256

Re: estate planning attorneys: how to split an inheritance?

What if between now and your death, the child with 6 children has another 6, so 12 total?

What *I* would do: If I go first, 100% to my wife. If we both die, 50% each to my 2 children.

But that's me.
by Jack FFR1846
Fri Sep 25, 2020 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: At what networth is okay to splurge on a 200k car ? (Tesla roadster)
Replies: 159
Views: 10367

Re: At what networth is okay to splurge on a 200k car ? (Tesla roadster)

$5,000,000 Have you considered a used Camry. I'd agree with that. I thought a Tesla Roadster cost $250k. That would be for the founders series. Ah, that's why that number stuck in my head. Alternately, one could skip this pedestrian car and buy something more exotic. Note in the used section, a Bug...
by Jack FFR1846
Fri Sep 25, 2020 1:47 pm
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 206
Views: 13107

Re: A simpler car.

If getting a loaner car is imperative, either find an independent who has them, have Enterprise pick you up at the mechanic or bring your 100k car to the dealer and pay the (guess) $3000 for the shocks/struts. I get that it's convenient to go to the dealer and get the nice, new, free loaner car, but...
by Jack FFR1846
Fri Sep 25, 2020 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: At what networth is okay to splurge on a 200k car ? (Tesla roadster)
Replies: 159
Views: 10367

Re: At what networth is okay to splurge on a 200k car ? (Tesla roadster)

Brianmcg321 wrote: Fri Sep 25, 2020 1:40 pm $5,000,000

Have you considered a used Camry.
I'd agree with that.

I thought a Tesla Roadster cost $250k.
by Jack FFR1846
Fri Sep 25, 2020 8:21 am
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 206
Views: 13107

Re: A simpler car.

There are cases where you simply can't see behind you and the cross-traffic sensors and backup cameras do things no driver can, just as one example. I've used an old safety device for decades to avoid exactly this. I back into places that would be difficult to get out of. I used to live on a busy s...
by Jack FFR1846
Thu Sep 24, 2020 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: What sectors are hiring?
Replies: 15
Views: 1566

Re: What sectors are hiring?

In my area, Amazon, Wal Mart, Lowes, Home Depot are all hiring. My younger son has a year of community college and is now working at Amazon and loves it. He sees new hires every 2 weeks come in and from his story, there are a ton of unemployable people. They can't get there on time, leave randomly i...
by Jack FFR1846
Thu Sep 24, 2020 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Wife Quitting High Earning Job?
Replies: 56
Views: 8060

Re: Wife Quitting High Earning Job?

Does her job qualify for FMLA? If so, do that.

Hire a new, full time Nanny.

Question: If your wife leaves her job and the family member dies, then what? Would she just stay home or would she go back to work. With that huge salary, it would be financially easy to simply find a new Nanny.
by Jack FFR1846
Thu Sep 24, 2020 2:59 pm
Forum: Personal Consumer Issues
Topic: Annual oil changes a must? Car maintenance during these times
Replies: 80
Views: 5577

Re: Annual oil changes a must? Car maintenance during these times

Jiffy Lube's new policy is you don't even get out of the car. You wind down the window enough to chat, and hand them a credit card. Another way in which the pandemic has made things better. Do they still have their age old policy to try to drain the transmission instead of the oil, sending you away...
by Jack FFR1846
Thu Sep 24, 2020 1:10 pm
Forum: Personal Consumer Issues
Topic: Defective asphalt driveway, best course of action?
Replies: 8
Views: 646

Re: Defective asphalt driveway, best course of action?

When I had my driveway paved, I could drive on it the day they were done with it. I was told not to park on it for a day. After that, I could, although we put the cars in the garage all the time. I think they said not to have heavy trucks (home heating oil) for some amount of time. For our job, it w...
by Jack FFR1846
Thu Sep 24, 2020 12:57 pm
Forum: Personal Investments
Topic: starting out intelligently.
Replies: 140
Views: 2693

Re: High Dividend for diversification

There are many folks here on Bogleheads and in other message forums that are in the "sweet spot" of household income and household expenses that can use the tax code to mitigate their taxable income and pay $0 on qualified dividend income in a taxable account. Pre-tax deductions into retirement acc...
by Jack FFR1846
Thu Sep 24, 2020 7:40 am
Forum: Personal Consumer Issues
Topic: Sell or donate Volvo? (Worth 14k ish)
Replies: 25
Views: 1976

Re: Sell or donate Volvo? (Worth 14k ish)

Some households get by fine with 0 cars. I wonder how they do it. I wonder too. It certainly is nobody who lives near me. I can get groceries or hit the post office or get Dunkin Donuts pretty easily with a car. All of these things are 4 miles from my house. When we just got 8 inches of snow overni...
by Jack FFR1846
Wed Sep 23, 2020 7:06 pm
Forum: Personal Consumer Issues
Topic: Planned power outage - any 'must-do's' or 'don'ts'?
Replies: 28
Views: 2042

Re: Planned power outage - any 'must-do's' or 'don'ts'?

Turn refrigerator and freezer temp to full coldest setting.
by Jack FFR1846
Wed Sep 23, 2020 3:20 pm
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 206
Views: 13107

Re: A simpler car.

He told me to but anything with a toyota 4cylinder engine. Best engine ever made. Lotus Elise. Toyota 2ZZ 4 cyl engine and transmission. Simple controls. No stupid screens anywhere. Heck....it doesn't even have cruise control or power seats. Simple and more fun than any car short of a Mario Kart.
by Jack FFR1846
Wed Sep 23, 2020 1:27 pm
Forum: Personal Consumer Issues
Topic: Financing Truck for Father, ? regarding Insurance
Replies: 11
Views: 666

Re: Financing Truck for Father, ? regarding Insurance

You're making it complicated.

Buy the truck in your name. Cash or finance, however you want. Add your father on your insurance as the primary driver. The end.
by Jack FFR1846
Wed Sep 23, 2020 12:43 pm
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 206
Views: 13107

Re: A simpler car.

If you want something newer and really simple, try a 2016 Jeep Wrangler Sport. Both 2 and 4 door were available with the low tech 2 knob radio, no bluetooth crap, no communicating with the outside world, not even a backup camera. They were available with wind up windows and non power locks. Simple a...
by Jack FFR1846
Wed Sep 23, 2020 9:35 am
Forum: Personal Investments
Topic: starting out intelligently.
Replies: 140
Views: 2693

Re: High Dividend for diversification

I view dividend stocks (and funds) as forced sale vehicles. Every time you get a dividend (in a taxable account), you'll have to pay tax on it, whether you take it as cash, re-invest it or use it to buy another stock or fund. You have no choice. You're taking that dividend and you're paying tax. On ...
by Jack FFR1846
Wed Sep 23, 2020 8:48 am
Forum: Personal Consumer Issues
Topic: Tesla battery day.
Replies: 69
Views: 5732

Re: Tesla battery day.

Tesla has a unit that designs their own ARM computer chips. They have integrated the electronics to such a degree that they do not have discrete IGBT’s, or the power switching units in the inverter controller electronics. Can you expand on what's being used instead of discrete IGBTs? I'd think eith...
by Jack FFR1846
Wed Sep 23, 2020 7:54 am
Forum: Investing - Theory, News & General
Topic: 'Wealth Calculator' in Millionaire Next Door
Replies: 33
Views: 3858

Re: 'Wealth Calculator' in Millionaire Next Door

This calculator is just as stupid as retirement calculators that say you'll need 80% of your current income in retirement. Simply wrong. Both would calculate that when a family member goes from no job to a full time job and the family income doubles that what you should have in net worth jumps.....o...
by Jack FFR1846
Tue Sep 22, 2020 11:27 am
Forum: Personal Investments
Topic: "emergency" fund earning .5%
Replies: 19
Views: 2028

Re: "emergency" fund earning .5%

Ally's at 0.8%, but of course, they could drop any time. Shrug.
by Jack FFR1846
Tue Sep 22, 2020 8:43 am
Forum: Personal Consumer Issues
Topic: Sell or donate Volvo? (Worth 14k ish)
Replies: 25
Views: 1976

Re: Sell or donate Volvo? (Worth 14k ish)

The rub with direct donations, as hinted at, is that your deduction will be based on what the charity does with it or what they get for it. Say they have it auctioned off. This is going to yield less than wholesale for the car as dealers are the ones buying it. If it's a bad day at the auction, it g...