Search found 7611 matches

by Jack FFR1846
Tue Sep 25, 2018 4:43 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 496
Views: 73290

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

We need a system like Van Hool busses use. Yah, they're diesel, so easier to implement. They continuously take a small amount of oil from the crank case and feed it to fuel the bus. A large oil tank replaces the oil taken with new oil. Wouldn't take much with the Honda as it's adding what? A quart o...
by Jack FFR1846
Tue Sep 25, 2018 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Be sure to check your tax estimates for 2018
Replies: 19
Views: 1737

Re: Be sure to check your tax estimates for 2018

So witholding was sent to employers on the low side so us employee saps would think we're taking home more money when in fact, we're going to get hammered in April? Yah, I saw it coming and made changes early in the year and am even sending in estimated payments, just in case. I could care less if I...
by Jack FFR1846
Tue Sep 25, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: Car predicament
Replies: 8
Views: 912

Re: Car predicament

Kia and Hyundai cars have a 10 year / 100,000 mile powertrain warranty........ To the original purchaser. If you buy one used, you get zip. I'd also ask an independent mechanic for his opinion on replace with junkyard engine. He's sort of stuck with the car. Say he files bankruptcy and the court fi...
by Jack FFR1846
Tue Sep 25, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Employer says no to relocation as employee, should I offer to be contractor?
Replies: 27
Views: 1425

Re: Employer says no to relocation as employee, should I offer to be contractor?

Move to NY just west of the VT border. If its northern VT, family isn't that far away
by Jack FFR1846
Tue Sep 25, 2018 10:21 am
Forum: Investing - Help with Personal Investments
Topic: To rent out our house or not
Replies: 25
Views: 1283

Re: To rent out our house or not

Get some numbers together. Insurance: Non-owner occupied is going to increase your rates. Ask your agent how much. Mortgage: If you have an owner occupied residential mortgage, that could be called if the bank finds out it's now a rental. Or find a new mortgage for the rental. Loss of owner occupied...
by Jack FFR1846
Tue Sep 25, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: What do folks use for long-term forecasting of their personal finances?
Replies: 21
Views: 1691

Re: What do folks use for long-term forecasting of their personal finances?

Excel with annual predictions. Each year, I can change the % gain expected. When each year ends, I enter the actual numbers. Future predictions then are based on those actual numbers.
by Jack FFR1846
Mon Sep 24, 2018 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay for upcoming medical / IVF expenses
Replies: 44
Views: 2218

Re: How to pay for upcoming medical / IVF expenses

We did several IVF cycles including some procedure that's a step farther (sorry, forgot what it's called). All for just insurance copay because insurance companies MUST cover this to offer health insurance in Massachusetts. All failed. We adopted twice. So we paid far more than full boat IVF would h...
by Jack FFR1846
Mon Sep 24, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Does it make sense to own two different total stock index funds?
Replies: 21
Views: 1201

Re: Does it make sense to own two different total stock index funds?

To prevent a wash sale when tax loss harvesting. If you sell a fund at a loss and claim a deduction, you can't hold another almost identical fund without triggering a wash. Correct me if I'm wrong, the issue is not simply holding shares of the same fund that you just sold and claimed the loss on, i...
by Jack FFR1846
Mon Sep 24, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Fed up with health insurance situation
Replies: 105
Views: 5380

Re: Fed up with health insurance situation

You have to also watch the insurance company like a hawk. I'm fortunate that my wife worked for many years for one of these insurance HMOs and for utilization review groups who would find insurance company mistakes. Our current issue (of many, many, many) is that we've hit our out of picket max on p...
by Jack FFR1846
Mon Sep 24, 2018 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Buying leased car options
Replies: 2
Views: 255

Re: Buying leased car options

Ask the dealer if they have financing better than 3%. I once bought a Subaru where they did that so I didn't have to walk 200 yards to my credit union to pick up a check.
by Jack FFR1846
Mon Sep 24, 2018 10:21 am
Forum: Personal Consumer Issues
Topic: Acoustic Pianos
Replies: 29
Views: 1280

Re: Acoustic Pianos

Sorry, but I have to say it. Craigslist free section and pay movers. Go check out that the piano plays and can be tuned. There are tons of free pianos around. Heck.....my father in law tried to give us his and we stiff armed him. If you gotta buy new, then I got nothing.
by Jack FFR1846
Mon Sep 24, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: How to evaluate a pay package of a startup
Replies: 9
Views: 818

Re: How to evaluate a pay package of a startup

I've been offered a large percentage of my pay package in equity rather than salary even with established companies. I have always negotiated to increase my salary as much as possible for reduced equity. I value equity at barely more than zero. In about 80% of the jobs I've taken, my valuation of eq...
by Jack FFR1846
Mon Sep 24, 2018 9:52 am
Forum: Personal Consumer Issues
Topic: Where are the hybrid or fully electric two seater commuting vehicles?
Replies: 41
Views: 1420

Re: Where are the hybrid or fully electric two seater commuting vehicles?

In my state, any vehicle with less than 4 wheels is defined as a motorcycle. This makes inspection easier and options reduced but requires a motorcycle license to drive and you'd have to wear a helmet and eye protection. Not exactly a comfortable way to go. This is changing. Even if Elio never gets...
by Jack FFR1846
Mon Sep 24, 2018 9:23 am
Forum: Personal Consumer Issues
Topic: Where are the hybrid or fully electric two seater commuting vehicles?
Replies: 41
Views: 1420

Re: Where are the hybrid or fully electric two seater commuting vehicles?

In my state, any vehicle with less than 4 wheels is defined as a motorcycle. This makes inspection easier and options reduced but requires a motorcycle license to drive and you'd have to wear a helmet and eye protection. Not exactly a comfortable way to go. The Honda CR-Z was a great 2 seat commuter...
by Jack FFR1846
Mon Sep 24, 2018 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Any reason to leave the 401(k) with previous employer open
Replies: 18
Views: 1529

Re: Any reason to leave the 401(k) with previous employer open

My wife's 401k was left with Fidelity for 15 years. At the turn of the year, 2 years ago, an administration cost was added. Rolled over the first business day.

Keeping in a 401k helps with respect to Roth conversions. Also, in some states it's more protected from legal action.
by Jack FFR1846
Sun Sep 23, 2018 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy for Maximizing College Financial Aid and Minimizing Taxes
Replies: 10
Views: 1041

Re: Strategy for Maximizing College Financial Aid and Minimizing Taxes

I found it very useful to print out a PDF of the entire FAFSA with all the tables. It helped me understand the priorities in where income and assets are best. For example, my kid had $0 in his accounts. Unfortunately, you have lots of assets like I did outside of protected areas. Paying off your hou...
by Jack FFR1846
Sun Sep 23, 2018 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Emotional Investor - I'm a mess and need help!
Replies: 77
Views: 5198

Re: Emotional Investor - I'm a mess and need help!

You need a new hobby so you won't have time to screw up your investments. I would suggest buying a Spec Miata and going racing with SCCA. Start out in autocross to get things going, then get your track schools out of the way and get signed off for competition. Then it's off to the races (literally)....
by Jack FFR1846
Sat Sep 22, 2018 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: How to fund education for grandchildren: various strategies? Help?
Replies: 23
Views: 1265

Re: How to fund education for grandchildren: various strategies? Help?

I really like US Savings bonds. They're clean, easy and can be controlled by you with the grandkids as beneficiaries. I've invested in bonds myself, and been happy that they're there a number of times where we then had a choice to simply sell some and pay for an expense without issue.
by Jack FFR1846
Fri Sep 21, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: My Very First Smartphone — Please Critique This Plan
Replies: 115
Views: 5249

Re: My Very First Smartphone — Please Critique This Plan

$800 for a phone?! I hope there's a 5 year old Civic attached to it.

Most I've paid for an iPhone ever is $100. I did buy a brand new somethingorother android phone for my son for Christmas that altogether with Cricket ended up costing $200.
by Jack FFR1846
Fri Sep 21, 2018 7:39 am
Forum: Investing - Theory, News & General
Topic: A bump on the road from active to passive
Replies: 31
Views: 2987

Re: A bump on the road from active to passive

Stop looking at past performance. Callan's periodic table of returns certainly brings that point home. In short, it shows how the top performing funds one year are the absolute worst the following year a number of times. ER will tell you how you're going to do going forward. As mentioned, stocks ten...
by Jack FFR1846
Thu Sep 20, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie with no idea where to invest
Replies: 18
Views: 1041

Re: Newbie with no idea where to invest

So I can't help but first comment on Dave Ramsey. Although he is absolutely the right guy to get you out of debt when you don't understand how you could be overdrafted because you still have checks in your checkbook. But he is dead wrong on investing. He has a huge conflict of interest, getting mone...
by Jack FFR1846
Thu Sep 20, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Universal Life article in WSJ 9/20/18
Replies: 14
Views: 1517

Re: Universal Life article in WSJ 9/20/18

If you have a WL policy, get an in force illustration. Although not WL, I had a Universal Life policy for $100k death benefit at $393 per year. The policy was 27 years old and when I looked at the illustration, one thing that stuck out was that the monthly insurance premium was $69. Now, maybe I hav...
by Jack FFR1846
Thu Sep 20, 2018 9:38 am
Forum: Personal Consumer Issues
Topic: Don't trust Tripadvisor reviews
Replies: 64
Views: 6706

Re: Don't trust Tripadvisor reviews

Perhaps delete it again. Include only one, clear picture.
by Jack FFR1846
Thu Sep 20, 2018 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Another mortgage repayment thread..
Replies: 30
Views: 2203

Re: Another mortgage repayment thread..

Find a zero cost HELOC. Then pay down the mortgage. It's what I did.
by Jack FFR1846
Thu Sep 20, 2018 8:10 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 737
Views: 70355

Re: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)

More fun on my little experiment, having split my equity position between fstvx and fzrox evenly.

Today's difference on $332k'ish in each account......$1.88
by Jack FFR1846
Thu Sep 20, 2018 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Physical Banking - Any benefits anymore?
Replies: 136
Views: 7806

Re: Physical Banking - Any benefits anymore?

I use internet banks for the higher interest rates......but.... I use Digital Credit Union as my home base. From there: I use their free coin machine I cash paper US Savings bonds, which are instantly available for withdrawal from my DCU account I get free notary If somehow I overdraw my checking ac...
by Jack FFR1846
Thu Sep 20, 2018 6:05 am
Forum: Personal Consumer Issues
Topic: Is there any info on old sim cards?
Replies: 8
Views: 736

Re: Is there any info on old sim cards?

In the microwave for 15 seconds.
by Jack FFR1846
Wed Sep 19, 2018 11:52 am
Forum: Personal Finance (Not Investing)
Topic: What's the best early retirement strategy for us?
Replies: 39
Views: 3078

Re: What's the best early retirement strategy for us?

You need to prepare more. Upping to $150 per pay period? I would think you would want to be putting more like a grand per period between the two of you. How do you plan to pay for health insurance? I understand you're figuring that selling the house will pay for the truck and trailer. Ok, for the tr...
by Jack FFR1846
Wed Sep 19, 2018 10:09 am
Forum: Personal Consumer Issues
Topic: Should I bother meeting with a Chase Private Client Rep
Replies: 44
Views: 3411

Re: Should I bother meeting with a Chase Private Client Rep

If you like going to time share presentations so much that you would go even without a substantial prize being dangled before you, then sure. Come to think of it....why not just go to a time share presentation. Or maybe a bad chicken dinner presentation. It's much harder to dart out of a meeting one...
by Jack FFR1846
Wed Sep 19, 2018 9:32 am
Forum: Personal Consumer Issues
Topic: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help
Replies: 82
Views: 3364

Re: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help

Thinking about this some more...... How about this? At the end of the lease, turn in the car. Open a Zip Car account. Drive a Zip Car when you need a car. No insurance, no registration, no taxes, no depreciation. If you don't feel like driving, call up a Lyft.
by Jack FFR1846
Wed Sep 19, 2018 9:14 am
Forum: Personal Consumer Issues
Topic: Should I bother meeting with a Chase Private Client Rep
Replies: 44
Views: 3411

Re: Should I bother meeting with a Chase Private Client Rep

Find an old clip of Peewee Herman's Saturday morning show. It will make more sense and have less nonsense than whatever this clown has to say. It'll also cost you less money.
by Jack FFR1846
Wed Sep 19, 2018 9:12 am
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 245
Views: 16949

Re: What is your single most expensive mistake?

Mine are all car related. 1976: Did not buy any of these 3 cars: Plymouth Superbird for $2500 67 427 4 speed Corvette coupe for $2500. (owner wanted to buy a Corvette race car) 63 1/2 Ford lightweight. Owner had 2. Again $2500. More recently: Sold my 1990 BMW M3 with 51k miles on it for $15k in 1997...
by Jack FFR1846
Wed Sep 19, 2018 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Student Loan Debt Repayment
Replies: 34
Views: 1424

Re: Student Loan Debt Repayment

Sell the town house. It's making you less than you're paying in student loan interest. No brainer. Of course, pay off the HIGHEST interest loans first. Snowball is for people who don't know how to save and don't know how to pay their bills. Avalanche (highest interest first) is what engineers, mathe...
by Jack FFR1846
Wed Sep 19, 2018 7:02 am
Forum: Personal Consumer Issues
Topic: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help
Replies: 82
Views: 3364

Re: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help

So you have a car that's worth $22k and you're considering buying it for $32k? If you want a closer feel to a BMW, drive a VW GTi. Much more solid, like all German cars. Less tin can with wheels zip tied like an Accord would feel. With the new warranty that VW has, it's worth consideration. Big disc...
by Jack FFR1846
Wed Sep 19, 2018 6:16 am
Forum: Personal Consumer Issues
Topic: State Farm nickel-and-diming me
Replies: 61
Views: 5237

Re: State Farm nickel-and-diming me

If you believe by some magical protective cloak that your insurance company does not already know about the accident, I have a bottle of pixie dust I'll sell you. Just stop it. Let your insurance company handle the whole thing. I've had similar kinds of accidents. I report it to MY insurance company...
by Jack FFR1846
Tue Sep 18, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: New car - 0% loan or $500 rebate
Replies: 26
Views: 1958

Re: New car - 0% loan or $500 rebate

You don't need the loan. You don't need a higher credit score. Think of it this way....if the sales guy asked "If you want to take out a loan, give me $500 and I'll get you one for no interest", would you pull cash out of your pocket to take out the loan that you don't need?
by Jack FFR1846
Tue Sep 18, 2018 9:36 am
Forum: Personal Consumer Issues
Topic: Honda Lawnmower Warranty Issue
Replies: 17
Views: 801

Re: Honda Lawnmower Warranty Issue

I've got a Honda mower that's about 5 years old. I put whatever crap gas I have hanging around. It continues to run fine.
by Jack FFR1846
Tue Sep 18, 2018 8:35 am
Forum: Personal Consumer Issues
Topic: Consumer Issue - Storage Unit Rental
Replies: 14
Views: 1129

Re: Consumer Issue - Storage Unit Rental

Honestly.....craigslist.....yard sale.....eBay. Unload the things that you need to store.
by Jack FFR1846
Tue Sep 18, 2018 8:10 am
Forum: Personal Consumer Issues
Topic: Is this a potentially dangerous electrical issue that needs to be addressed?
Replies: 19
Views: 2048

Re: Is this a potentially dangerous electrical issue that needs to be addressed?

From both a safety and practicality point of view, you want the outlet shut off, for sure before working on it. What I tend to do is to plug in something that I can easily hear from the basement, where my breaker box is. I shut off the breaker and make sure that the thing making noise no longer is m...
by Jack FFR1846
Mon Sep 17, 2018 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4545

Re: Dilemma: Add room to current house or buy new house?

Yes. I agree completely with you. In fact, that is how we have always been. We came from nothing. She studied to be a doctor (which we took massive private loans for while living like bachelors) and I am an engineer. We saved aggressively by renting single bedroom apartments and a small house (afte...
by Jack FFR1846
Mon Sep 17, 2018 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs. EJ vs. Fidelity
Replies: 13
Views: 979

Re: Vanguard vs. EJ vs. Fidelity

The fact that your company is moving the 401k doesn't mean that you can move your account anywhere. Have you been given the option to move it? If not, you may have to quit to get that option.
by Jack FFR1846
Mon Sep 17, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: 2018 Forester vs CRV vs RAV4
Replies: 140
Views: 16843

Re: 2018 Forester vs CRV vs RAV4

I used to pick my son up from school in one of these. I'll assume you know that none of the kids in the school busses were hanging out the windows to look at all those mini vans quite the same way as they did with the Cobra. https://static.cargurus.com/images/site/2016/04/10/10/24/1965_shelby_cobra-...
by Jack FFR1846
Mon Sep 17, 2018 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4545

Re: Dilemma: Add room to current house or buy new house?

scorp_pccorp wrote:
Mon Sep 17, 2018 10:24 am
So the 1st floor is only around 2000sqft with a very big family room.
Only?

This is bigger than my first 3 br house.....including my garage and 3 season porch. This is in no way small.
by Jack FFR1846
Mon Sep 17, 2018 10:24 am
Forum: Investing - Theory, News & General
Topic: Equity allocation for Flagship clients?
Replies: 47
Views: 3809

Re: Equity allocation for Flagship clients?

My AA is 50/50. This helps me to sleep well at night. This. For me. Exactly. I am still accumulating for a short time longer. My expense to portfolio ratio is just about 2%. I am a huge "safety net" guy, thus have saved more than most would for my spending. I'm not flagship as most of my portfolio ...
by Jack FFR1846
Mon Sep 17, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4545

Re: Dilemma: Add room to current house or buy new house?

There will always be a friend with a bigger house......

You can't buy your way out of this problem.
by Jack FFR1846
Mon Sep 17, 2018 9:24 am
Forum: Investing - Theory, News & General
Topic: “Costly race to bottom on mutual fund fees”
Replies: 13
Views: 1774

Re: “Costly race to bottom on mutual fund fees”

“ With the exception of Warren Buffett, the evidence on buy-and-hold investing is somewhat mixed .” Really? They must not have seen the Fidelity report on their 401k account holders where they concluded that those who left the account alone the longest did the best. Or what some describe as "dead" ...
by Jack FFR1846
Sun Sep 16, 2018 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 154
Views: 11600

Re: Considering Quitting Job - Seeking Advice. Would you do it?

I have found that employers are universally willing to let employees like you work 24/7 to avoid hiring another person. Stop it! If they won't properly staff up, stuff won't get done. In the middle of my career, I saw myself extending hours like you are and specifically forced myself to stop it. 5:0...
by Jack FFR1846
Sun Sep 16, 2018 6:29 am
Forum: Investing - Help with Personal Investments
Topic: Opinions on American Funds
Replies: 28
Views: 1871

Re: Opinions on American Funds

They don't advertise? Really? They have a 12b-1 fee which is for marketing, which if it's not advertising, what is it? The advisor is lying. What a surprise. AF is behind the times with fee reductions. While BHs rage about the differences between a 0%, 0.015%, 0.04% fee, AF is charging 0.6% minimum ...
by Jack FFR1846
Fri Sep 14, 2018 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Small cap tilt
Replies: 86
Views: 5509

Re: Small cap tilt

I watched a recent Bogle interview where he explained how SCV is only one of the latest trends where it looks like it's outperforming, everyone buys, the price of entry exceeds the outperformance, and we're back to no advantage. I'll sit on my haystack and watch the trendy stuff blow by. No tilt here.