Search found 6061 matches

by Jack FFR1846
Sat Jan 20, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Job offer - no 401k offered
Replies: 20
Views: 2234

Re: Job offer - no 401k offered

The 401k is only part of the job. We don't know more details. Will the new job offer double the all in pay? Is it lateral? Is it 2 miles away where the present job is 100 miles away?
by Jack FFR1846
Sat Jan 20, 2018 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Investment Options (Friend)
Replies: 7
Views: 275

Re: Investment Options (Friend)

Can you edit to add the expense ratios? Sort of hard to compare without that information.
by Jack FFR1846
Sat Jan 20, 2018 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Should I stop 529 Contributions
Replies: 14
Views: 1470

Re: Should I stop 529 Contributions

Before funding dollar one for a 529, I would first: Max 401k (or whatever plan you have) Max Roth Buy $10k each in US Savings bonds pay off mortgage These give you more flexibility in how the money is spent while considering possible FAFSA impacts. We have one in college ($65k per year) and one in h...
by Jack FFR1846
Fri Jan 19, 2018 5:45 pm
Forum: Personal Consumer Issues
Topic: Telemarketing calls from my own prefix
Replies: 41
Views: 2167

Re: Telemarketing calls from my own prefix

The fun ones are when they call from your own cell phone number. That's easy enough to do. Just spam the same number you're dialing as a spammer. I'm sure it's an option on the auto dialer.
by Jack FFR1846
Fri Jan 19, 2018 1:33 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Subaru Forrester
Replies: 34
Views: 1734

Re: Alternatives to Subaru Forrester

So, you're mixing old Subaru issues with new Subaru issues. Let's break it down. Great list. However from the average consumer's point of view, it just adds up to a comparatively high rate of engine issues. I can't argue that point. My point is that there's the old engine that is no longer used but...
by Jack FFR1846
Fri Jan 19, 2018 1:21 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Subaru Forrester
Replies: 34
Views: 1734

Re: Alternatives to Subaru Forrester

I prefer the Forester to the CRV and RAV4, however I prefer a used Volvo to a new Forester. Subaru has fairly serious powertrain reliability issues as they age which make me unlikely to own another one as we keep our cars for the long-term. Can you be more specific? Subaru has long had a history of...
by Jack FFR1846
Fri Jan 19, 2018 11:28 am
Forum: Investing - Theory, News & General
Topic: Is the crypto market efficient?
Replies: 23
Views: 1199

Re: Is the crypto market efficient?

Well, the P/E is pretty stable at *edit...undefined as it's something/0. My response would be the same for "Is the $US to Peso market efficient?". Although the Peso would be far less volatile and it's movements would be for reasons.
by Jack FFR1846
Fri Jan 19, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Can You Say...Auto Insurance
Replies: 21
Views: 1469

Re: Can You Say...Auto Insurance

Get an umbrella.

Sorry, that won't reduce your costs. If you absolutely have to reduce cost, drop collision if you feel lucky.
by Jack FFR1846
Fri Jan 19, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: Any downside to having a low property (house) assessment from the town?
Replies: 11
Views: 922

Re: Any downside to having a low property (house) assessment from the town?

When I've been in the market to buy a house, I absolutely look at appraisals. If there are 3 houses with the same asking price and one of those 3 is 20% lower than the rest, I assume that there's a good reason for that and discount it in my mind.
by Jack FFR1846
Fri Jan 19, 2018 10:28 am
Forum: Investing - Help with Personal Investments
Topic: How to step in?
Replies: 10
Views: 942

Re: How to step in?

I hope that $100k is at least in something giving you some return. High yield savings, CD, savings bonds..... So often, we see new people lamenting that their savings is sitting in a 0.01% interest bearing checking account. I scream at my computer "WHY!!!!". This isn't good since other people in the...
by Jack FFR1846
Fri Jan 19, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: What can I do to fight this ridiculous medical bill?
Replies: 86
Views: 3952

Re: What can I do to fight this ridiculous medical bill?

If nothing else, call the hospital and ask if they can reduce the bill. My wife did this after I had a very big procedure. They said pay it in 30 days and we take off 20%.
by Jack FFR1846
Fri Jan 19, 2018 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Help Me Spend $900.00 Unused FSA Dollars
Replies: 37
Views: 2169

Re: Help Me Spend $900.00 Unused FSA Dollars

Feel blessed.

We always opt for the max and use it up by July.
by Jack FFR1846
Fri Jan 19, 2018 8:58 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance !! Moving From Morgan Stanley ...
Replies: 9
Views: 1021

Re: Inheritance !! Moving From Morgan Stanley ...

First, find the basis for each stock. If this was inherited, I'd think that this would be the value on the date of death (not the original buy price). I'd move it to Schwab or TDAmeritrade first as they are well set up for stock trading and their online tools are build for this. Then you can keep or...
by Jack FFR1846
Fri Jan 19, 2018 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Are ETFs Really That Safe?
Replies: 26
Views: 2009

Re: Are ETFs Really That Safe?

I don't get the fear of ETFs. Take VTI and VTSAX. One is beer in an aluminum can and the other is beer in an aluminum bottle. If you're talking about buying some thinly traded botique ETF that trades 8 shares a day, then ok.....don't buy that one. In like manner, don't buy a mutual fund that trades ...
by Jack FFR1846
Thu Jan 18, 2018 7:54 pm
Forum: Personal Consumer Issues
Topic: Gotta sell a boat - Looking for some advice
Replies: 16
Views: 1226

Re: Gotta sell a boat - Looking for some advice

Unless you're in a "no winter" place, you really want to keep it until at least "ice out". I found that the key to selling my boat (about the same as yours, 4 years old, 25 hours) was to clean, clean, clean and then clean some more. You want the boat to easily look like indeed, you never used it. Mi...
by Jack FFR1846
Thu Jan 18, 2018 2:34 pm
Forum: Investing - Theory, News & General
Topic: 10 years expenses in FI
Replies: 49
Views: 4551

Re: 10 years expenses in FI

Not 10 years, but I've got 7 years spending in US Savings bonds. It wasn't by plan, it was because my dad made me aware at the time that I could buy savings bonds with a credit card online with no fee. Back then first redemption was in 6 months and the limit was $30k per person. We took advantage of...
by Jack FFR1846
Thu Jan 18, 2018 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Lets talk about some favorite index funds?
Replies: 32
Views: 1524

Re: Lets talk about some favorite index funds?

I'll add an ETF because to me, a mutual fund and ETF are the same thing.

SCHB at Schwab. ER=0.03%

It matters where you hold the fund. It would be silly to buy SCHB at Vanguard or to buy VTI at Schwab.
by Jack FFR1846
Thu Jan 18, 2018 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Off House
Replies: 11
Views: 1066

Re: Paying Off House

The choice is up to you and it comes in two classes:

Guaranteed return: pay the mortgage.

Roll the dice on the market where you might win......or you might lose: don't pay the mortgage, put it into the stock market.

cue ZZ top
by Jack FFR1846
Thu Jan 18, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: Scottrade and Schwab
Replies: 3
Views: 288

Re: Scottrade and Schwab

Scottrade will soon be TDAmeritrade, so I'd expect change from whatever today allows. TDA recently banished all Vanguard ETFs from their ntf platform. For a fee, they can still be used. I'd expect them to do the same with funds/etfs from Schwab. Have you considered moving to Schwab to avoid issues l...
by Jack FFR1846
Thu Jan 18, 2018 11:18 am
Forum: Investing - Help with Personal Investments
Topic: New tax bill allows 529 use for K-12 tuition
Replies: 6
Views: 564

Re: New tax bill allows 529 use for K-12 tuition

My thoughts are: It doesn't matter. Contribute as you have been but then have it paid out to pay tuition. I'm doing that myself for my son in college using Fidelity's 529 linked to the 2% credit card. I haven't had to deal with it, but does the state 529 allow use for K-12? The state tax savings is ...
by Jack FFR1846
Thu Jan 18, 2018 11:10 am
Forum: Investing - Help with Personal Investments
Topic: 3 Fund allocation assistance
Replies: 11
Views: 813

Re: 3 Fund allocation assistance

Typically, we talk first about percentage (of total) in stock and percentage (of total) in bonds. Then divide the stocks within itself (100%) so for example, 60% domestic stock, 40% international stock. So for a 50/50 stock to bond and 60/40 US to Int, you end up with total percentages: Bond 50% US ...
by Jack FFR1846
Thu Jan 18, 2018 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Versus Stocks
Replies: 46
Views: 2390

Re: Real Estate Versus Stocks

I think this is sort of a question like "is blue faster than red". Well, that depends. Which color is the Ferrari and which color is the Camry? For real estate (local) where you do all the management, I think it's a more fair comparison to compare your income from rentals vs income from stock PLUS i...
by Jack FFR1846
Thu Jan 18, 2018 10:09 am
Forum: Personal Consumer Issues
Topic: Premium gas at BJ's for Mercedes
Replies: 41
Views: 1771

Re: Premium gas at BJ's for Mercedes

Have you ever seen either a supply tanker truck driver or gas station attendant with one of those 12 foot sticks, putting it into the gas tank to measure the level? They do that to measure the level vs what's been put into and taken out of the tank as gas. Condensation continuously turns into water ...
by Jack FFR1846
Thu Jan 18, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: Trying to downsize but still too much stuff
Replies: 59
Views: 5614

Re: Trying to downsize but still too much stuff

, two boxes are family heirlooms, containing things like two musical instruments with a great deal of family history that someone younger in the family might want some day. Perhaps it's time for someone else in the family to safeguard them. If no one will, you should consider revising your expectat...
by Jack FFR1846
Thu Jan 18, 2018 7:30 am
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 88
Views: 4961

Re: To the doctors on the forum

As a big medical user, I've seen that the amount charged can be what looks like a random number. The facility is contracted separately with each insurance company who sets what payment will be made for each code. So there is no "real" answer. The cool thing with that (sarcasm) is that the insurance ...
by Jack FFR1846
Wed Jan 17, 2018 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell Ishares and invest in index funds?
Replies: 5
Views: 443

Re: Should I sell Ishares and invest in index funds?

You can also sell "some" shares to keep to 0% LTCG bracket, if your income allows that.
by Jack FFR1846
Wed Jan 17, 2018 7:24 pm
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 92
Views: 9529

Re: Besides Bogleheads, What Are Your Favorite Forums?

MMM forums
NASIOC
LotusTalk
Strat Talk
TDPRI
Ernie Ball Forum
reddit/pf
flyertalk/manufactured spending
by Jack FFR1846
Wed Jan 17, 2018 6:41 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 3491

Re: How to overcome the fear of spending money? (Buying a car)

I do have a truck but I want a daily driver which is fun to drive and not too expensive. Would you be the only driver of these two vehicles? Can you drive them simultaneously? Then why have two vehicles? Many of my neighbors are two-person families. Many of them have 3-4 autos. Never understand tha...
by Jack FFR1846
Wed Jan 17, 2018 6:18 pm
Forum: Investing - Theory, News & General
Topic: [n X expenses + r] instead of [n X expenses]
Replies: 27
Views: 1045

Re: [n X expenses + r] instead of [n X expenses]

I'm a huge "safety net" guy. If something falls through, I want that net there to catch me. I don't do a +r....I do a 2X on the saved amount. So a minimum for me is 50 times spending. Almost there. Oh...and I plan to save more so I can have added safety. Hoping to hit 60X.
by Jack FFR1846
Wed Jan 17, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: How to Analyze Sweet Spot on Insurance Deductibles - Challenging my Preconceived Notions
Replies: 25
Views: 1474

Re: How to Analyze Sweet Spot on Insurance Deductibles - Challenging my Preconceived Notions

If I had no collision I would have had to probably pay $7000 for two accidents that weren’t my fault. That's only true if it were an unknown person who was at fault. If you're in an accident and get the information, you can make a claim directly with the at fault person's insurance company. Where y...
by Jack FFR1846
Wed Jan 17, 2018 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Sell Home Depot?
Replies: 40
Views: 2649

Re: Sell Home Depot?

LTCG are now 15%. I don't see that as "killing" anyone. Although your state LTCG will add to that.

I don't do single stocks so can't see why you'd keep it.
by Jack FFR1846
Wed Jan 17, 2018 1:07 pm
Forum: Investing - Theory, News & General
Topic: A question that keeps coming to my head
Replies: 13
Views: 1093

Re: A question that keeps coming to my head

One is buying the haystack, thus will always own the needle.
The other thinks he knows where the needle is (and likely doesn't), so is buying those parts where the needle might be.
by Jack FFR1846
Wed Jan 17, 2018 10:18 am
Forum: Investing - Theory, News & General
Topic: Feeding the market
Replies: 14
Views: 1082

Re: Feeding the market

Higher wages? Really? I am fortunate in that I received a raise this year, for the first time in a decade. Most "extra" money has been in the form of bonuses, stock or prizes for performance. I seem to remember hundreds of news stories talking about wages being no different now than they were a deca...
by Jack FFR1846
Wed Jan 17, 2018 7:29 am
Forum: Investing - Theory, News & General
Topic: Anyone pondering moving to a cheaper place and downsizing?
Replies: 63
Views: 4328

Re: Anyone pondering moving to a cheaper place and downsizing?

After my dad passed, my mom took a few years to sell the business and then moved to Florida as a snowbird, coming back to the northeast in the summer. She'll be selling her Florida place after this winter and moving permanently back "home". Why? Crime. Her place has been broken into while she's in t...
by Jack FFR1846
Wed Jan 17, 2018 6:59 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice - Investing 100K in vanguard emerging/value/bond funds today, am I CRAZY?
Replies: 14
Views: 1695

Re: Portfolio Advice - Investing 100K in stocks today, am I CRAZY?

Your suggested choice is arguably even more risky than just Vanguard total US stock. What asset allocation do you want? US Stock = what? International stock = what? Bond = what? Pulling all your money out is a huge red flag and I'd suggest investing like this: US Stock = 40% International stock = 10...
by Jack FFR1846
Tue Jan 16, 2018 3:39 pm
Forum: Personal Consumer Issues
Topic: best flooring for a basement wood shop?
Replies: 27
Views: 1415

Re: best flooring for a basement wood shop?

Inch thick rubber horse mats. We have these under weight lifting equipment in our basement (concrete floor). They are quite dense so you can walk around on them fine. They'll reduce fatigue working on wood stuff or building a Lamborghini in the basement. https://jalopnik.com/5954486/the-man-who-spen...
by Jack FFR1846
Tue Jan 16, 2018 3:09 pm
Forum: Personal Consumer Issues
Topic: Inherited a coin collection I would like to sell
Replies: 8
Views: 1231

Re: Inherited a coin collection I would like to sell

For junk silver, you could consider craigslist. I've sold off some recently to both a dealer and to a craigslister. The craigslist buyer paid more and in cash. I do limit how much I'm selling at a time to be careful. Apmex will buy but at a minimum of $1000 value and of course, you have to mail it t...
by Jack FFR1846
Tue Jan 16, 2018 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Confusion about prepaying property taxes
Replies: 124
Views: 12194

Re: Confusion about prepaying property taxes

Just a fun fact for others in Massachusetts who pre-paid. The assessment date in all cities and towns in Massachusetts is the January 1 prior to the beginning of the fiscal year (FY) for which the tax is assessed. For example, for FY 2016 (July 1, 2015 to June 30, 2016), the assessment date is Janua...
by Jack FFR1846
Tue Jan 16, 2018 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: How to max out 401k
Replies: 19
Views: 1549

Re: How to max out 401k

$18.5k is only employee contributions. Employer contributions are not included in that amount. With Fidelity, it's wicked easy to change your contributions in net benefits. I'm about to go in now and make sure it's matched up with the upcoming year. Last year, bonuses and added income turned out to ...
by Jack FFR1846
Tue Jan 16, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Strange Life insurance product - keep or dump?
Replies: 18
Views: 1343

Re: Strange Life insurance product - keep or dump?

If there's a $200k cash value now, there's some basis that reduces the gain. Taxes are only paid on the gain. It's why when I cashed out my policy for $13k, only $10.00 of it was taxable. I would expect that the longer they kept the policy, the more gains are going to accumulate....even though some ...
by Jack FFR1846
Tue Jan 16, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Engineering To Consulting Transition
Replies: 8
Views: 619

Re: Engineering To Consulting Transition

What I'd expect is that your hourly rate is going to be higher. How many billable hours you can work are not going to necessarily be consistent or under your control. What if you don't get placed for a couple months? I'd expect that the consulting firm will certainly want you out there racking up bi...
by Jack FFR1846
Mon Jan 15, 2018 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about leaving your broker
Replies: 11
Views: 1135

Re: Questions about leaving your broker

Given what you've said so far:

1) Get cost basis for all your stocks
2) Sell all
3) Get sell price and fees paid
4) transfer all
5) Buy 3 fund portfolio to your asset allocation
6) Rebalance in a year to meet your asset allocation
by Jack FFR1846
Mon Jan 15, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Does a Debt Management Plan ruin or lower credit score? Do you recommend one?
Replies: 6
Views: 227

Re: Does a Debt Management Plan ruin or lower credit score? Do you recommend one?

Jack FFR1846 wrote:
Mon Jan 15, 2018 3:22 pm
My thoughts after looking at your link:

1) The company makes money. So you are paying them money.

2) If this company negotiates a lower payoff, will the credit card company then issue a 1099 and you'll then have to pay income tax on the write downs?
3) I would expect your credit to be trashed.
by Jack FFR1846
Mon Jan 15, 2018 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Does a Debt Management Plan ruin or lower credit score? Do you recommend one?
Replies: 6
Views: 227

Re: Does a Debt Management Plan ruin or lower credit score? Do you recommend one?

My thoughts after looking at your link:

1) The company makes money. So you are paying them money.

2) If this company negotiates a lower payoff, will the credit card company then issue a 1099 and you'll then have to pay income tax on the write downs?
by Jack FFR1846
Mon Jan 15, 2018 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Moving away from Merrill Lynch
Replies: 2
Views: 278

Re: Moving away from Merrill Lynch

What kind of account is this? Taxable? Tax advantaged? If tax advantaged, you can sell everything with no tax and then move it wherever you want. If taxable, then obviously look at the effects of the taxes. Look into potentially just moving the whole turd to Merrill Edge. That would rid you of the d...
by Jack FFR1846
Mon Jan 15, 2018 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Strange Life insurance product - keep or dump?
Replies: 18
Views: 1343

Re: Strange Life insurance product - keep or dump?

They should call the company to get in force illustrations to understand better what the policies actually are and what they'll do. I had a Universal Life policy that my dad bought me and I always thought it was a whole life policy. I was surprised to see that if I continued making the set annual pa...
by Jack FFR1846
Mon Jan 15, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 107
Views: 6277

Re: Looking for a reasonably priced, safe international destination

If it is NOT near vacation week, Aruba. Everyone speaks English. Plenty of grocery stores and many resorts have full kitchens. It's the only Caribbean island I've felt completely safe on. Friendly people who will go out of their way to help if you get lost (have had people see we look lost, tell us ...
by Jack FFR1846
Mon Jan 15, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Porfolio advice Question
Replies: 5
Views: 461

Re: Porfolio advice Question

A couple comments: Anything less than 5% should be sold as it's meaningless for your overall portfolio. Why won't you sell stocks? If they've become long term, just sell. They're noise anyways. If you have a 3 fund, you're completely diversified. Adding something to it is adding noise for no reason.
by Jack FFR1846
Mon Jan 15, 2018 1:11 pm
Forum: Personal Consumer Issues
Topic: Pre-purchase inspection: dealership or private mechanic?
Replies: 17
Views: 1177

Re: Pre-purchase inspection: dealership or private mechanic?

I asked a Porsche dealer if they can perform pre-purchase Inspection on a 911 and they absolutely refused and said they don't do it period. Indy shops will do it for $175. Thanks for commenting. You'd think a high end dealer would go out of their way to help far more than mainstream ones. Did you h...