Search found 9435 matches

by Jack FFR1846
Thu Jul 18, 2019 1:09 pm
Forum: Personal Consumer Issues
Topic: Any experience with carbargains.org?
Replies: 6
Views: 352

Re: Any experience with carbargains.org?

Ok....looked over the site. You pay them $250 up front.

Sending a single blanket email to me is worth $250.
by Jack FFR1846
Thu Jul 18, 2019 12:14 pm
Forum: Personal Investments
Topic: Just sat through a wealth-management sales pitch.
Replies: 54
Views: 4919

Re: Just sat through a wealth-management sales pitch.

I don't think I would have your patience. I'd start out with a question: "I've got $2.5M that I pay $486.36 a year all in for fees. You're proposing 1% plus ERs. Let's say 0.1% ER average. So for the $27,500.....or more than I plan to pay for a new car....what do you think you can do to make up that...
by Jack FFR1846
Thu Jul 18, 2019 11:58 am
Forum: Personal Consumer Issues
Topic: Any experience with carbargains.org?
Replies: 6
Views: 352

Re: Any experience with carbargains.org?

It's always good practice to ask yourself "I'm adding a for profit business between me and the dealer. How is it that I'm going to walk away with a lower price?". We all know how TruCar takes $200 from the dealer who sells the car.....and that dealer is going to get that $200 from you. How much does...
by Jack FFR1846
Thu Jul 18, 2019 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Harrassed at work, what steps to take to protect her future employment
Replies: 45
Views: 3967

Re: Harrassed at work, what steps to take to protect her future employment

Document, document, document. If she lives in a one person consent state for recording, set her phone on record for every meeting with her manager covertly. Save all those files. If a specific thing is pointed to as a reason for "does not meet", and its something that can be documented and compared ...
by Jack FFR1846
Thu Jul 18, 2019 8:56 am
Forum: Personal Investments
Topic: 2.5 million to invest for myself[35] and father[70]
Replies: 39
Views: 3115

Re: 2.5 million to invest for myself[35] and father[70]

Beyond the lifetime federal estate allowance.....what's your state limit? Mine is $1M. So $1,000,001 brings on the state tax man.
by Jack FFR1846
Thu Jul 18, 2019 8:51 am
Forum: Personal Consumer Issues
Topic: gift for a college bound niece
Replies: 12
Views: 499

Re: gift for a college bound niece

I'd send her all the information you can find on where she's going to find a job in that field and how much she can expect to be paid.
by Jack FFR1846
Thu Jul 18, 2019 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Buying a Different Vehicle
Replies: 11
Views: 1145

Re: Buying a Different Vehicle

For a Yukon/Tahoe/Suburban you really, really, really want to look for all of the consumer reports stuff and go around online forums that specialize in these things. Every generation since the turn of the century seemed to have some major problem lurking. I had an 00 Yukon XL and like most all large...
by Jack FFR1846
Thu Jul 18, 2019 6:41 am
Forum: Personal Consumer Issues
Topic: Selling Older Devices (SmartPhones) online
Replies: 12
Views: 821

Re: Selling Older Devices (SmartPhones) online

I've sold to U-Sell for several phones....usually broken. They offer a price for non-working and broken phones. Happy with them every time. I've also sold on Craigslist for working phones and happy with the extra money that brings. But that's completely YMMV. You want to not wait. As time goes by, p...
by Jack FFR1846
Thu Jul 18, 2019 6:29 am
Forum: Personal Finance (Not Investing)
Topic: Post Daycare Finances
Replies: 25
Views: 2134

Re: Post Daycare Finances

Karate, scouts, soccer, lacrosse, T ball, skateboarding (and a week at Howard is $1k), BMX, downhill biking, driver's license (insurance more than tripled), car for the kid to deliver pizzas, lawyer fees, college costs. Add in the optional stay at home parent with the surprise 50% more miles on the ...
by Jack FFR1846
Wed Jul 17, 2019 6:28 pm
Forum: Personal Investments
Topic: Pay off mortgage early?
Replies: 14
Views: 1368

Re: Pay off mortgage early?

It really depends.

If you have $5M in those accounts and live on $50k a year, then go for it.

But if you have $500k and live on $50k a year, no.

I think more info would help.
by Jack FFR1846
Wed Jul 17, 2019 4:18 pm
Forum: Personal Investments
Topic: Gold?
Replies: 37
Views: 1747

Re: Gold?

As an accumulator for several more decades, I have a harder time owning bonds than gold. The things bonds protect my portfolio from are behavioral and emotional in nature. The things gold protects my portfolio from are structural. Real tail risk stuff. Not that I hold a lot, but I see a genuine rol...
by Jack FFR1846
Wed Jul 17, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: How to plan for extended illness?
Replies: 35
Views: 1720

Re: How to plan for extended illness?

"Contact a church" might be more appropriate. My wife worked for the "caring ministry" at her church. They would offer assistance to anyone in need. Even athiests, satanists or guitarists. (shudder.....I'm a guitarist)
by Jack FFR1846
Wed Jul 17, 2019 12:38 pm
Forum: Personal Investments
Topic: Gold?
Replies: 37
Views: 1747

Re: Gold?

Ray is either stupid or making things up. I'd think the latter. Gold is not currency. When I go into Taco Bell and order a #8, 3 tacos, crunchy, were I to hand the cashier a 1 ounce gold coin, he's going to likely think it's fake, hand it back and say "we don't accept this". Heck....my kids both bar...
by Jack FFR1846
Wed Jul 17, 2019 12:10 pm
Forum: Personal Consumer Issues
Topic: Recommendation needed: Service to convert VHS to MP4?
Replies: 4
Views: 195

Re: Recommendation needed: Service to convert VHS to MP4?

Google: VHS to MP4 free

You get a ton of freeware. Then you plug the VHS output into your laptop and use the software. I have not done this with a VHS, but have done it with audio from a guitar lots of times going to MP3. Everything is out there for free these days.
by Jack FFR1846
Wed Jul 17, 2019 11:28 am
Forum: Personal Consumer Issues
Topic: replacing mulch bed recommendations
Replies: 32
Views: 1766

Re: replacing mulch bed recommendations

We replaced ours in Mass with 3/4" crushed stone. You can get most any color you want. Yesterday, I trimmed the way overdue shrubs, then used my backpack Echo hurricane leave blower to blow branches and leaves out of the bed and across the driveway. The rocks all stay in place. Had it been mulch, I'...
by Jack FFR1846
Wed Jul 17, 2019 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Working 4 days a week?
Replies: 39
Views: 2799

Re: Working 4 days a week?

If you can reduce hours and actually work reduced hours, this sounds great. I've seen more than one manager who isn't quite ready to retire but wants more time off drop to 4 days a week for 80% of salary. Every one of them ended up working longer hours for the 4 days they were in and most came in on...
by Jack FFR1846
Wed Jul 17, 2019 10:12 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 458
Views: 35665

Re: Talk me out of buying a Tesla Model 3

Feels worse than a dealer to me. You haven't encountered any bad dealers then. 10 Things you won't see buying Tesla: 1) How much can you afford per month? 2) What can I do to get you into this car today? 3) Gotta have that Tru Coat! 4) $800 "document fee" 5) $300 for nitrogen in the tires 6) $5,000...
by Jack FFR1846
Wed Jul 17, 2019 8:34 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 458
Views: 35665

Re: Talk me out of buying a Tesla Model 3

New Lotus all electric car. It's beautiful and likely faster than any existing Tesla (most powerful car in existance). Sure, it's wicked expensive, but to me, so is any Tesla. Yes, $35k is too expensive to me for a car. https://www.youtube.com/watch?v=GPqmPnofsMY Jeremy Clarkson doesn't like the ele...
by Jack FFR1846
Wed Jul 17, 2019 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Help valuing my pension
Replies: 8
Views: 530

Re: Help valuing my pension

How much annually do they put in that YOU CAN WALK AWAY with if you left today? That's what it's worth, in my opinion. I tend to put zero value on pension, RSU, options that vest in the future. What if you leave? They become worth zero. What if your company is purchased? I was with a company that wa...
by Jack FFR1846
Wed Jul 17, 2019 6:14 am
Forum: Personal Consumer Issues
Topic: Letter from Amex - scam?
Replies: 25
Views: 2269

Re: Letter from Amex - scam?

Put scrap paper into the postage paid return envelope and send it off.

They'll have to pay the return postage.
by Jack FFR1846
Tue Jul 16, 2019 6:53 am
Forum: Personal Finance (Not Investing)
Topic: College cost prediction and savings for 5, 3, and newborn
Replies: 101
Views: 4928

Re: College cost prediction and savings for 5, 3, and newborn

There very well could be a revolution in education coming. DS is currently taking a couple summer courses at his expensive private college and because the schedules make his classes overlap, he's taking one as an online course. This has become a near standard at his college, where students can watch...
by Jack FFR1846
Tue Jul 16, 2019 6:41 am
Forum: Personal Consumer Issues
Topic: New family car and safety considerations
Replies: 46
Views: 2475

Re: New family car and safety considerations

I don't know that I buy the "more weight is better" argument. If you are in a head on crash, ok, the heavier vehicle will do more damage to the lighter vehicle. How is that better for the people in the heavy vehicle? With that argument, I'd think a heavy vehicle with a body on frame design like the ...
by Jack FFR1846
Tue Jul 16, 2019 6:29 am
Forum: Personal Consumer Issues
Topic: New Subaru Outback Engine Offering for 2020
Replies: 36
Views: 2917

Re: New Subaru Outback Engine Offering for 2020

One thing that will never change with a subaru...an engine that leaks and head gaskets that need replaced. We're trying to squeeze another year or two out of our forester before we get rid of it. Head gaskets were NA EJ engine issues primarily. There hasn't been an NA EJ engine in a Subaru since wh...
by Jack FFR1846
Mon Jul 15, 2019 5:07 pm
Forum: Personal Investments
Topic: Poor financial advisor performance
Replies: 71
Views: 3835

Re: Poor financial advisor performance

Can you keep your mitts off of your investments? Your initial statement says no. If that's still the case, you're still better off with an FA who's ripping you off then screwing up yourself. Chances are, he sets up investments, then does nothing. If you can't "do nothing", then you really do need to...
by Jack FFR1846
Mon Jul 15, 2019 10:45 am
Forum: Personal Investments
Topic: Would you exchange VTSAX to VTI ??
Replies: 42
Views: 2959

Re: Would you exchange VTSAX to VTI ??

Would you prefer to pay more money or less money for exactly the same investment? Personally.....call me crazy.....I like paying less money. I also accept RSUs at work and any raise that might come my way. VTSAX and VTI are the same. Yes, I would swap them to save even $3 on over $2MM. But I still p...
by Jack FFR1846
Mon Jul 15, 2019 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Tenant turned off all utilities advice please!!
Replies: 83
Views: 6808

Re: Tenant turned off all utilities advice please!!

This is very clear. If your brother can't even figure this out, he has no business being a landlord. He should clean up the house, put it on the market and sell it. If he doesn't, I predict it will be a huge money drain on him. .....had the house cleaned 3 times because the tenant complained....that...
by Jack FFR1846
Mon Jul 15, 2019 9:19 am
Forum: Personal Finance (Not Investing)
Topic: House not appraising for amount we were offered!
Replies: 124
Views: 11161

Re: House not appraising for amount we were offered!

We had this issue when buying our first house in 1985 in a skyrocketing Boston market. Offer accepted at $125k, bank appraisal came in at $114.5k. We came up with more money to have 20% down and went on our merry way to closing.
by Jack FFR1846
Sun Jul 14, 2019 7:01 pm
Forum: Personal Consumer Issues
Topic: Can the dealer be trusted?
Replies: 17
Views: 1887

Re: Can the dealer be trusted?

NO! Absolutely not!

YOUR mechanic who YOU pay, who is NOT connected to the selling dealer is the one to perform the inspection. Otherwise, when things go wrong, you can only blame yourself for not doing reasonable things to be sure the car is good.
by Jack FFR1846
Sun Jul 14, 2019 11:27 am
Forum: Personal Consumer Issues
Topic: Should I knowingly buy a fake antique?
Replies: 26
Views: 2482

Re: Should I knowingly buy a fake antique?

If the seller has an item with no intrinsic value that you are willing to pay the asking price for, why not. So long as you're willing to have a spouse or child throw it in the dumpster when you're gone, then sure. DW and I went to TJ some years ago and bought a number of wooden animal sculptures be...
by Jack FFR1846
Fri Jul 12, 2019 10:06 pm
Forum: Personal Investments
Topic: What asset class is gold?
Replies: 41
Views: 2654

Re: What asset class is gold?

Got it. I will hold it outside my 60/40 AA. Since 1972, a 60/40 U.S. portfolio had a safe withdrawal rate of 4.5%. Had 50% of the fixed income been alotted to gold (i.e. a 60/20/20 AA), the SWR was 5.4%. Just sayin'. Ok, but in Jan of 1972, it was $285 an ounce....and Jan of 1975, when it became LE...
by Jack FFR1846
Fri Jul 12, 2019 4:31 pm
Forum: Investing - Theory, News & General
Topic: Index Fund Creator Jack Bogle Didn't Like ETFs Being Used For Speculation
Replies: 84
Views: 3405

Re: "ETFs are a loser’s game. Let me be very clear about that."

robertmcd wrote:
Fri Jul 12, 2019 4:27 pm
Bogle ought to be praising ETFs for their ability to reduce/eliminate capital gains.

In addition to "time in the market". I can buy first thing in the morning every day vs. after close.
....and lower cost.
by Jack FFR1846
Fri Jul 12, 2019 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: priority of supporting parents vs saving for college
Replies: 54
Views: 3446

Re: priority of supporting parents vs saving for college

For me, kids first. I'd be very interested in hearing what student loans the kids could get without a cosigner beyond Stafford loans. I haven't seen any. If they require a cosigner, as far as I'm concerned, it would be my loan, not my kids'.
by Jack FFR1846
Fri Jul 12, 2019 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: A good name for a donor advised fund
Replies: 25
Views: 1363

Re: A good name for a donor advised fund

Name the fund after someone you really, really don't like. Maybe include the town they live in to help out the hounders in setting up they annoyance lists.

Example

Joe Bothersome South Metropolis, Ohio

Then Joe gets bothered.
by Jack FFR1846
Fri Jul 12, 2019 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Buying a court-ordered divorce house
Replies: 10
Views: 1275

Re: Buying a court-ordered divorce house

Seems pretty clear. Have the place inspected. If major things need to be done, subtract the cost of those things from your offer.
by Jack FFR1846
Fri Jul 12, 2019 7:34 am
Forum: Personal Consumer Issues
Topic: Should I Buy a Motorcycle?
Replies: 59
Views: 2588

Re: Should I Buy a Motorcycle?

You seem to be willing to take on a ton of debt while supposedly saving for a house. Sorry, but no. If you want to buy a house and have to wait to qualify, I see that as a great opportunity to pay off your car. If you MUST buy a bike, look for a used one. A Ninja 650 is a good choice as it's the low...
by Jack FFR1846
Thu Jul 11, 2019 9:00 pm
Forum: Personal Investments
Topic: Analysis Paralysis: How to Invest Windfall + Extra Cash?
Replies: 6
Views: 879

Re: Analysis Paralysis: How to Invest Windfall + Extra Cash?

What *I* would do......and have done in the past: Pay off the mortgages until there are no more. Then struggle at that point on what to do next.
by Jack FFR1846
Thu Jul 11, 2019 8:55 pm
Forum: Personal Consumer Issues
Topic: Car DIY, NYC.
Replies: 33
Views: 1350

Re: Car DIY, NYC.

Brakes? Absolutely. Back in college, I had no money and a 75 Honda CVCC sedan with one munged up rotor. I'd go to the auto parts store and buy half a set of pads (2 pads) and do the one wheel. Used the Honda jack and lug wrench.
by Jack FFR1846
Thu Jul 11, 2019 4:38 pm
Forum: Personal Consumer Issues
Topic: 2016 Car with only 11,000 miles?
Replies: 32
Views: 2906

Re: 2016 Car with only 11,000 miles?

Why are you concerned? My mom's Subaru will be a year old a month from now. Has less than 1,000 miles on it.
by Jack FFR1846
Thu Jul 11, 2019 2:13 pm
Forum: Personal Investments
Topic: Access to Fidelity eMoney
Replies: 17
Views: 1501

Re: Access to Fidelity eMoney

tj wrote:
Thu Jul 11, 2019 3:02 am
How much $$ do you need with fidelity to activate that benefit?
Private Client, last I knew was $1M. I'm one but have no interest in this tool.
by Jack FFR1846
Thu Jul 11, 2019 9:49 am
Forum: Personal Consumer Issues
Topic: Why Is Cord Not Included?
Replies: 32
Views: 3838

Re: Why Is Cord Not Included?

Back when I worked for Digital Equipment (DEC), there was a saying that labels and cables made products late. Perhaps that's part of it. Make the end user get his own.
by Jack FFR1846
Thu Jul 11, 2019 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone inherited a obligation/burden/responsibility?
Replies: 76
Views: 7422

Re: Has anyone inherited a obligation/burden/responsibility?

Not me, but my dad and his 4 siblings inherited Florida property upon the passing of my grandmother. The siblings simply wanted money out of the property and refused to believe that it wasn't a gold mine of huge value. My dad did his diligence, attempting to sell the building lots. The HOA wanted hi...
by Jack FFR1846
Thu Jul 11, 2019 6:32 am
Forum: Personal Investments
Topic: Not happy with one FA allocation: PBRIX
Replies: 37
Views: 1907

Re: Not happy with one FA allocation: PBRIX

10 bond funds instead of low cost single Total Bond? We all know why. Because mere mortals can't possibly understand investing.
by Jack FFR1846
Wed Jul 10, 2019 2:44 pm
Forum: Personal Consumer Issues
Topic: Friend's car caught in flood ?
Replies: 43
Views: 2520

Re: Friend's car caught in flood ?

White Coat Investor wrote:
Wed Jul 10, 2019 2:27 pm
I'd take the insurance money and move on. Since it's a late 90s Camry, there probably isn't much. I certainly wouldn't spend thousands trying to repair. What's the thing worth, $2k?
There is no insurance money. The OP said liability only.
by Jack FFR1846
Wed Jul 10, 2019 1:06 pm
Forum: Personal Consumer Issues
Topic: Visiting Buffalo,NY / Niagara Falls area - things to see and do?
Replies: 46
Views: 2090

Re: Visiting Buffalo,NY / Niagara Falls area - things to see and do?

For a longer daytrip, 1.5 hours east of Buffalo is Canandaigua Lake, which is one of the Finger Lakes. Drive to Canandaigua (city at the northern tip of the lake) and check out the town, waterfront, and nearby breweries and wineries. I've been researching things to do as DW and I plan a trip to the...
by Jack FFR1846
Wed Jul 10, 2019 11:44 am
Forum: Personal Consumer Issues
Topic: Friend's car caught in flood ?
Replies: 43
Views: 2520

Re: Friend's car caught in flood ?

The good news is that the car's ecu for late 90's Camrys is likely behind the glove box, not under the passenger seat like in a lot of cars. We have a facility near us who reconditions flood damaged cars. They remove and replace the carpet, then take apart anything electrical that was potentially to...
by Jack FFR1846
Wed Jul 10, 2019 11:34 am
Forum: Personal Investments
Topic: Re-balancing challenge....
Replies: 21
Views: 1143

Re: Re-balancing challenge....

Go to your online account.

Write down a randomized new password that you can't possibly remember on a small piece of paper.

Change your password.

Eat the paper.
by Jack FFR1846
Wed Jul 10, 2019 8:19 am
Forum: Personal Consumer Issues
Topic: Car Dilemma
Replies: 20
Views: 1401

Re: Car Dilemma

Son gets the old Lexus
You drive the Forester
Wife gets the Accord

Otherwise, you're talking spending multiple 10's of thousands of dollars needlessly.
by Jack FFR1846
Tue Jul 09, 2019 12:59 pm
Forum: Personal Consumer Issues
Topic: Ontario in August
Replies: 13
Views: 548

Re: Ontario in August

You may want to look up pricing to get a better idea of US vs Canada rentals. The few times I rented in Canada, it wasn't difficult, but was much more expensive than in the US.
by Jack FFR1846
Mon Jul 08, 2019 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Sign up bonuses
Replies: 16
Views: 1422

Re: Credit Card Sign up bonuses

Wells, Penfed, all the private labeled BoA cards, Discover, BBVA, US Bank (several), Barclays (Uber), Schwab AmEx, other Amex (forgot the name)...... Those are just ones I've done in the last maybe year and a half. Troll around MMM, DoC, here. I have pretty much only found them through sites like th...
by Jack FFR1846
Sun Jul 07, 2019 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: 529 or mortgage?
Replies: 14
Views: 1314

Re: 529 or mortgage?

Take out a HELOC. Then pay down the mortgage. If you need to get that money out later, you can. US Savings Bonds are another potential way to get tax free growth without the penalty if you don't use it for education. Understand what you can get for tax benefit from your state wrt 529s. Some states h...