Search found 11655 matches

by Jack FFR1846
Tue May 26, 2020 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 335
Views: 23233

Re: The axe falls and I am prepared. What's next?

Klang, Decide what you want to do and go do it. I get a sense you're no rookie and can do things that are valuable to companies out there. Everyone here will have their own "If I could do anything, it would be this" job. I'm sure my idea of a job in retirement is not yours (or maybe anyone else's). ...
by Jack FFR1846
Tue May 26, 2020 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: State domicile & taxes
Replies: 7
Views: 343

Re: State domicile & taxes

Yes, be sure what the rules are for being in state for college. A coworker's daughter went to a state college and he went as far as considering having his brother (in that state) become her legal guardian. When he got far enough, he found that the college policy was that for her to have been conside...
by Jack FFR1846
Tue May 26, 2020 2:19 pm
Forum: Personal Consumer Issues
Topic: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!
Replies: 76
Views: 2970

Re: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!

Don't buy your parents a BMW. First, perhaps they won't like it. A surprise car can end up being a surprise for you. To pay your parents back, give them an envelope full of $100 bills. and it doesn't have to be 400 of them either. My first thought when I read that you're buying this to pay back your...
by Jack FFR1846
Tue May 26, 2020 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Simple jobs during FATFire?
Replies: 29
Views: 1521

Re: Simple jobs during FATFire?

I know two IT workers who became school bus drivers after being laid off in their 50s. I've seen (and looked at) jobs driving a mini van for student transport. They're described as "split shift" because you'd drive a student into school early and bring them home later. In the job description, it sa...
by Jack FFR1846
Tue May 26, 2020 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 71
Views: 3350

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

What is good and not good? Having been there, done that with 2 kids, I have some idea about the schools they attended. You don't know about cliques and bullying until years after they're out. Private schools may put strong emphasis on one skill and neglect another. For example, my older son went to ...
by Jack FFR1846
Tue May 26, 2020 10:18 am
Forum: Personal Finance (Not Investing)
Topic: 1:1 salary and stock jobs?
Replies: 41
Views: 1876

Re: 1:1 salary and stock jobs?

Companies change this stuff all the time. Let me place us 10 years ago and I'll name names. These are semi manufacturers and the job is for field applications engineer. Linear Technology is legend in profit sharing. In one year, payout was 125% of salary and was for every employee in the company. Sa...
by Jack FFR1846
Tue May 26, 2020 9:04 am
Forum: Investing - Theory, News & General
Topic: Bogleheads: What is your largest single stock holding? (if any)
Replies: 44
Views: 1634

Re: Bogleheads: What is your largest single stock holding? (if any)

BRK/b. 3%. I wanted to get into something that didn't spill dividends as I approach retirement. It's the only single stock I own.
by Jack FFR1846
Tue May 26, 2020 9:02 am
Forum: Personal Consumer Issues
Topic: Cross country road trip from MA to Glacier NP and Yellowstone NP
Replies: 41
Views: 1603

Re: Cross country road trip from MA to Glacier NP and Yellowstone NP

I'd choose places of interest along the way that you can see regardless of the covid situation. Having gone to Niagara Falls last year for the first time, I'd say that it's an easy first stop. Get there early and park on the US side in the parking lot right next to the bridge for $10. Walk to see th...
by Jack FFR1846
Tue May 26, 2020 8:13 am
Forum: Personal Consumer Issues
Topic: New Vehicle: Forester or Rav4 for boglehead couple
Replies: 61
Views: 2980

Re: New Vehicle: Forester or Rav4 for boglehead couple

Here is a vote for the Toyota RAV4. What you should know before buying a Subaru - https://www.youtube.com/watch?v=qKPnpWd2P-I Scotty - you either love him or you don't. :mrgreen: I watched the video. Half way through, I couldn't hold any more of his mistakes in my head. He says not to buy a V6 Suba...
by Jack FFR1846
Tue May 26, 2020 7:40 am
Forum: Personal Finance (Not Investing)
Topic: For EF "months", are we including unemployment benefits & stated severance policies? And both parts of a couple?
Replies: 19
Views: 975

Re: For EF "months", are we including unemployment benefits & stated severance policies? And both parts of a couple?

There have been a number of threads recently where both earners are essentially zero'd. A megacorp will preserve itself however it decides to preserve itself. My employer has made a big deal about how our competitors are handling Covid. We all got 10% reductions in salary. Other companies (also mega...
by Jack FFR1846
Tue May 26, 2020 7:26 am
Forum: Personal Investments
Topic: Buy CDs with credit card or debit card?
Replies: 12
Views: 905

Re: Buy CDs with credit card or debit card?

It's only $600. Why don't you use them for regular spending? Groceries. Gas. Whatever else you normally buy. You can also just put them into your amazon account (see gift card there). It's not enough to go through the manufactured spending route, buying a money order.
by Jack FFR1846
Mon May 25, 2020 8:33 pm
Forum: Personal Consumer Issues
Topic: Should I pay $1,600 for this lawn care fix?
Replies: 44
Views: 4312

Re: Should I pay $1,600 for this lawn care fix?

Put less air in the lawn mower tires. Drive lawn mower slower. Problem solved! LOL the lawn mower tires are plastic, no air! But I like this line of thinking... I'd be really perplexed if you were mowing 1600 square feet with a tractor. That's only 32x50, or about the size of my neighbor's garage.
by Jack FFR1846
Mon May 25, 2020 6:04 pm
Forum: Personal Consumer Issues
Topic: New Vehicle: Forester or Rav4 for boglehead couple
Replies: 61
Views: 2980

Re: New Vehicle: Forester or Rav4 for boglehead couple

19+ Forester has Eyesight standard. Automatic braking, adaptive cruise control. Both my mom and father in law have this and it puts us at ease. Older Foresters had Eyesight as an option, so it is certainly possible to find one used. You really want to price out used ones before ruling out a new one....
by Jack FFR1846
Sun May 24, 2020 7:42 pm
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 109
Views: 7457

Re: If Jeep has such poor reliability, how come they are everywhere?

Every Jeep owner we have ever known has had constant trouble with their vehicles. Take it out offroading and I guarantee it will be in the shop, just like theirs. My Wrangler has never been in the shop. It's a 2014 with 35k miles on it. At this point, 3 dozen runs with the 4 wheel drive club. I've ...
by Jack FFR1846
Sun May 24, 2020 2:58 pm
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 109
Views: 7457

Re: If Jeep has such poor reliability, how come they are everywhere?

So there's a Jeep cult like there is a Subaru cult? There's no cult. (3 Subarus and a Wrangler 4 door in my garage) All Jeeps are capable of going off road. No, not just on some silly dirt road, real off road. The Wrangler is the best equipped and known for this and of course, the Rubicon comes wit...
by Jack FFR1846
Sun May 24, 2020 6:49 am
Forum: Personal Consumer Issues
Topic: Tesla Y test drive
Replies: 37
Views: 3329

Re: Tesla Y test drive

I've read of someone returning a Y after one day because of this. When I first test drove an S I could hear pebbles coming up in the wheel wells. My 3 is a fun peaceful car to drive. There is no engine noise, just all the other stuff. I expect one becomes more aware of the other stuff when the engi...
by Jack FFR1846
Sat May 23, 2020 11:59 am
Forum: Personal Consumer Issues
Topic: Personal spending out of control after Covid-19
Replies: 118
Views: 9144

Re: Personal spending out of control after Covid-19

Complete opposite. I'm still working, but from home. This allows me to take my phone with me and take a walk to get some exercise anytime a webex isn't scheduled. We can't go eat out. Cut takeout/eat out from probably 8 meals a week each to twice a week total. Wife just started a full time job so ca...
by Jack FFR1846
Fri May 22, 2020 1:11 pm
Forum: Personal Investments
Topic: Inherited Edward Jones Account: Transfer to Vanguard?
Replies: 12
Views: 661

Re: Inherited Edward Jones Account: Transfer to Vanguard?

Both Vanguard and Fidelity are well known for their DAFs. Can't go wrong with either one.
by Jack FFR1846
Fri May 22, 2020 1:09 pm
Forum: Personal Consumer Issues
Topic: Potential relocation, how concerned should I be with a 4/10 school?
Replies: 32
Views: 2453

Re: Potential relocation, how concerned should I be with a 4/10 school?

My concern is mostly about potential disciplinary problems/bullying maybe even drug problems when there is a large percentage of student body coming from a disadvantaged background. Thanks Check your assumptions. Drug abuse happens at every income level everywhere. Some people are just able to hire...
by Jack FFR1846
Fri May 22, 2020 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Renting house to in-laws
Replies: 22
Views: 1613

Re: Renting house to in-laws

1) No. 2) N/A If this rental house has appreciated like you say, then now is the time to sell it. You say you could use a break from landlording (as this is far from "passive income"...my words). So take that easy break. Sell it. Use the money to do whatever you feel is best. Pay down your own mortg...
by Jack FFR1846
Fri May 22, 2020 10:37 am
Forum: Personal Investments
Topic: Combine 401k Accounts?
Replies: 8
Views: 354

Re: Combine 401k Accounts?

401k plans can change at the employer's whim. It can move from a great provider to a garbage one with garbage investments and high fees. If you move an old 401k over to say a Fidelity 401k with the new employer and the owner's brother in law takes a job with Mass Mutual and the 401k goes to them, be...
by Jack FFR1846
Fri May 22, 2020 10:31 am
Forum: Personal Investments
Topic: Portfolio review: Thinking about early retirement?
Replies: 18
Views: 1488

Re: Portfolio review: Thinking about early retirement?

I think you've nailed the college payment thing, which is very unusual. Good job. (I looked up VT and U Maryland and both are easily under $30k in state). I'd have each kid take stafford loans for their portion of investment into their education and because the average time to graduate from a 4 year...
by Jack FFR1846
Fri May 22, 2020 8:24 am
Forum: Personal Investments
Topic: What to do with cash?
Replies: 29
Views: 4067

Re: What to do with cash?

Name the car. That would be a very well bought 996 turbo in my book. Will not depreciate. They aren't skyrocketing like the air/oil cooled cars but they're slowly rising.
by Jack FFR1846
Fri May 22, 2020 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Tax attorney weirdness
Replies: 40
Views: 3203

Re: Tax attorney weirdness

There are 2 parts to the answer to your question. 1: Income tax minimization. Staying away from AMT, donating, maximizing tax reduction (401k, flexible savings accounts and the like, 529 contributions in your state, etc). Asking your employer to reduce your salary. :shock: Moving to a state with a l...
by Jack FFR1846
Fri May 22, 2020 7:00 am
Forum: Personal Consumer Issues
Topic: Email for young teen with ability to auto delete nasty spam
Replies: 32
Views: 2122

Re: Email for young teen with ability to auto delete nasty spam

In Outlook mail, which I have from a very old .msn email address, there's an option to "block" the address. If you go into the utility, you can block the entire domain.....like @spamaddress.com
by Jack FFR1846
Fri May 22, 2020 6:56 am
Forum: Personal Investments
Topic: Is Vanguard's Personal Advisor Service Worth It???
Replies: 65
Views: 4845

Re: Is Vanguard's Personal Advisor Service Worth It???

Absolutely move it. If you add the ER cost to that 1.25%, you're paying over 6 times the annual cost that I pay in total. And my portfolio is over $2.5MM. PAS is a good first step. Your second baby step (not Dave Ramsey) would be to dump PAS and go to a target date fund. Finally, when you're ready, ...
by Jack FFR1846
Thu May 21, 2020 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, Medicaire questions
Replies: 68
Views: 4107

Re: Turning 65, Medicaire questions

I just watched several hours of well made videos from Fidelity called "Understanding Medicare". I found it extremely informative. It's broken into 8 sections. If you can't find it, perhaps call Fidelity. I received an email as part of my workplace 401k which is at Fidelity. There are both options an...
by Jack FFR1846
Thu May 21, 2020 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance break even
Replies: 30
Views: 1636

Re: Refinance break even

Maybe. How long will you be there? The closer to the entire 30, the more the answer is "yes". The less years, the less of those costs actually are saved. Can you find a rate for a 15 year, no cost refi? I've done several of these and most have the borrower paying the appraisal, which is refunded at ...
by Jack FFR1846
Thu May 21, 2020 1:00 pm
Forum: Personal Consumer Issues
Topic: Can I afford to buy an expensive guitar?
Replies: 34
Views: 1289

Re: Can I afford to buy an expensive guitar?

Do you already have a guitar (guitars)? Do you play in a band out? If yes for #1 or no for #2, then no, you don't need a $2900 guitar. If no for #1 or yes for #2, then no, you can't afford it. Find a used Ovation on Craigslist for $200. (note...I had over 2 dozen guitars at one time, but played out ...
by Jack FFR1846
Thu May 21, 2020 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Ages 48-54: Should we bother converting Term-to-75 to Level Term 20 policies?
Replies: 8
Views: 547

Re: Ages 48-54: Should we bother converting Term-to-75 to Level Term 20 policies?

I would think that except for the "except for the mortgage" part of your statement, you'd have no need for life insurance at all at this point. So you'd save 100% of the premium by simply cancelling.
by Jack FFR1846
Thu May 21, 2020 10:18 am
Forum: Personal Consumer Issues
Topic: Furniture for an infant in the living room
Replies: 28
Views: 1204

Re: Furniture for an infant in the living room

Finland gives out a cardboard box to new babies. (Aren't all babies new?) One could just use the drawer of a dresser temporarily. That's what we did. If you keep the baby in the original box, and don't unwrap it, in 20 years, it'll be worth something to collectors. (that's the image that came to mi...
by Jack FFR1846
Thu May 21, 2020 10:01 am
Forum: Personal Investments
Topic: Fees/penalties for Transferring money from Traditional IRA brokerage account to Vanguard brokerage account?
Replies: 16
Views: 553

Re: Fees/penalties for Transferring money from Traditional IRA brokerage account to Vanguard brokerage account?

Translation: You had a traditional IRA at LPL financial and transferred to a traditional IRA at Vanguard. Ok, the account transfer makes sense. You have cash and equities and stocks and beanie babies coming from LPL into Vanguard from one IRA to another IRA. Ok, great. You want to pull money out of ...
by Jack FFR1846
Thu May 21, 2020 9:51 am
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11375

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

carolinaman wrote:
Thu May 21, 2020 9:27 am

Tepper is the new owner of our Carolina Panthers. Supposedly a very successful hedge fund manager worth around $10B I think.
So a basketball team owner has any clue about investment advice? Sort of like Mark Cuban, except nobody's heard of him? (and for the record, I think Cuban is a clown)
by Jack FFR1846
Thu May 21, 2020 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Car or Train? Plus, Used Car (Make/Model/Year) Recommendations for Long Commute
Replies: 36
Views: 1263

Re: Car or Train? Plus, Used Car (Make/Model/Year) Recommendations for Long Commute

How would you get to the train station? Would you still need a car and parking charges to take the train at your end? For orientation, you could get the monthly pass. After that, it makes no sense. Pay per ride. For a $5k car, look at 4 cylinder 1st generation or 1.5th generation Ford Fusions. They ...
by Jack FFR1846
Thu May 21, 2020 9:37 am
Forum: Personal Consumer Issues
Topic: Blown Power Amplifier: Repair or Replace? [resolved]
Replies: 39
Views: 1769

Re: Blown Power Amplifier: Repair or Replace?

Having revived many amps over the years (first in technician school and then on weekends in the lab of work for my engineering job), I know that you should first figure out why the fuses blew. They don't just blow for no reason. I've found in the many repairs I've done that the output stage typicall...
by Jack FFR1846
Thu May 21, 2020 9:24 am
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11375

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

The answer for you is "F": Open a Vanguard account, choose a target date fund, put all of your money into it, go into the "change password" option. Write a random password on a small piece of paper. This should be very randomized. Change your password. Log out. Eat the piece of paper. If you can't d...
by Jack FFR1846
Thu May 21, 2020 8:45 am
Forum: Personal Consumer Issues
Topic: Frequency of bike overhaul or tune up
Replies: 29
Views: 1671

Re: Frequency of bike overhaul or tune up

When I was competitively riding in college, I'd ride 44 miles on a typical day. I'd do a fairly extensive cleaning of bearings over the winter. Bottom bracket, headset, wheels. Besides that, lube the chain and cables, the end.
by Jack FFR1846
Thu May 21, 2020 7:35 am
Forum: Personal Finance (Not Investing)
Topic: New job opportunity .. would you take and how to negotiate and invest
Replies: 9
Views: 1278

Re: New job opportunity .. would you take and how to negotiate and invest

What about opening up your own practice? Where I am, people like you are impossible to get appointments with and are full up with work with the "not accepting new patients" sign on the door.
by Jack FFR1846
Thu May 21, 2020 7:06 am
Forum: Personal Consumer Issues
Topic: Car Transport Services
Replies: 9
Views: 530

Re: Car Transport Services

Your first question should be: "Do you own your own truck?" when interviewing a shipper. Brokers like UShip don't and they put the job out for bid. If you go with someone like that, expect to be ghosted or for a clapped out 40 year old pickup with an unregistered 30 year old cargo trailer to show up...
by Jack FFR1846
Wed May 20, 2020 6:44 pm
Forum: Personal Consumer Issues
Topic: What is your most luxury/expensive hobby.
Replies: 262
Views: 19205

Re: What is your most luxury/expensive hobby.

Well, I'm contemplating re-entering a former hobby that I've been out of for a decade. Track days with the car. I'd like to get back on the track in a non-serious way. Have some fun. Not instruct, which saved me money but burned me out. I started in low power, good handling cars, but tend to want t...
by Jack FFR1846
Wed May 20, 2020 3:23 pm
Forum: Personal Consumer Issues
Topic: Buying tires for 2017 Subaru Outback
Replies: 29
Views: 1655

Re: Buying tires for 2017 Subaru Outback

As a Subaru multi-offender, I say "leave the snows on all year round". I do this currently with a 2013 Crosstrek. I did this with a 1 year old CPO 2008 Outback where as part of the deal, I had the dealer put on some Dunlop Graspic DS3 snows. They were still on the car when we traded it in with 80k m...
by Jack FFR1846
Wed May 20, 2020 1:26 pm
Forum: Personal Consumer Issues
Topic: What is your most luxury/expensive hobby.
Replies: 262
Views: 19205

Re: What is your most luxury/expensive hobby.

Well, I'm contemplating re-entering a former hobby that I've been out of for a decade. Track days with the car. I'd like to get back on the track in a non-serious way. Have some fun. Not instruct, which saved me money but burned me out. I started in low power, good handling cars, but tend to want to...
by Jack FFR1846
Wed May 20, 2020 12:52 pm
Forum: Personal Consumer Issues
Topic: Safely disinfecting frozen food packages from corona virus?
Replies: 51
Views: 3559

Re: Safely disinfecting frozen food packages from corona virus?

I can tell you what my wife does (I'm over 60 with several chronic qualifying diseases, so the wife does not allow me to leave the property). Upon arrival home, she stays gloved and removes the frozen pizza from the boxes. She uses 60% alcohol disinfectant wipes and wipes the inner plastic packages....
by Jack FFR1846
Wed May 20, 2020 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Best credit card for grocery rewards
Replies: 37
Views: 2793

Re: Best credit card for grocery rewards

It takes some work, but Citi Sears this quarter has 5% in Thank You Points at Restaurants, Grocery stores and Gas stations. But the catch is that you have to spend at least $2k. How I do this, when Covid isn't present :shock: is that I'll buy a visa gift card (probably cards) at the grocery store. T...
by Jack FFR1846
Tue May 19, 2020 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Car now provided by employer; get rid of one personal car?
Replies: 13
Views: 735

Re: Car now provided by employer; get rid of one personal car?

I was in the same position once. Company provided SUV. I sold my Audi A4. 6 months later, I changed jobs and had to scramble to buy a new car. With the money I got for the 2.5 year old Audi, I bought a new Subaru Impreza. Needless to say, a huge step down, but I didn't want to spend any more than I ...
by Jack FFR1846
Tue May 19, 2020 12:50 pm
Forum: Personal Consumer Issues
Topic: Ford F150 Engine long term reliability - V8 versus Turbo V6?
Replies: 62
Views: 3736

Re: Ford F150 Engine long term reliability - V8 versus Turbo V6?

ncbill wrote:
Tue May 19, 2020 12:41 pm
helloeveryone wrote:
Tue May 19, 2020 11:21 am
If one was considering either a new or < 5-6 year used Ford F150 - would you get the V8 versus Turbo V6 for engine reliability purposes?
For reliability I'd always choose a naturally-aspirated engine over one with a turbo.
This....
by Jack FFR1846
Tue May 19, 2020 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Auto refinance scenario
Replies: 13
Views: 368

Re: Auto refinance scenario

2.49% at DCU up to 65 months. But there's no bribe money in it for you. :D
by Jack FFR1846
Tue May 19, 2020 10:55 am
Forum: Personal Consumer Issues
Topic: Some possible luxury SUV choices to buy: Opinions?
Replies: 188
Views: 13911

Re: Some possible luxury SUV choices to buy: Opinions?

CULater wrote:
Sat Jan 25, 2020 9:19 am
I plan to interview these candidates over the coming weeks as a replacement for my gasoil lubricated CR-V.
We should work together. If you could run premium, when you drain the gas/oil, I could run it in my chainsaw.
by Jack FFR1846
Tue May 19, 2020 9:37 am
Forum: Personal Finance (Not Investing)
Topic: $5k - $7k to replace engine, or get something else? (loan on car)
Replies: 105
Views: 6308

Re: $5k - $7k to replace engine, or get something else? (loan on car)

Odds are overwhelmingly high that you will sign a disclosure statement that the used vehicle you're buying is being sold, "AS-IS". In Massachusetts, that is not the case: You vehicle is eligible for mandatory repairs if the defects occur during your vehicle's term of protection. The term of protect...
by Jack FFR1846
Tue May 19, 2020 9:09 am
Forum: Personal Consumer Issues
Topic: Jeep Cherokee drive-train service
Replies: 9
Views: 474

Re: Jeep Cherokee drive-train service

I looked through the maintenance schedule for your car. Transfer case fluid every 60k miles. It says nothing about the diffs, besides inspect level. If you're not fording streams (I do with my Wrangler), I wouldn't worry about it. If you do want to change the diff fluid for some strange reason, acce...