Search found 5838 matches

by Jack FFR1846
Wed Dec 13, 2017 9:58 pm
Forum: Personal Consumer Issues
Topic: Ancestry / 23andMe
Replies: 60
Views: 3687

Re: Ancestry / 23andMe

tuningfork wrote:
Wed Dec 13, 2017 9:47 pm
VictoriaF wrote:
Tue Dec 12, 2017 4:54 pm
I don't see any value in giving it to 23andMe in return for some bogus information that you are 25% African, 25% European, 25% Asian, and 25% Antractican.
Ah, so that explains why I like to eat squid!
....and penguins.
by Jack FFR1846
Wed Dec 13, 2017 9:29 pm
Forum: Personal Consumer Issues
Topic: Unoccupied second home: weird temperature spikes on remote monitor
Replies: 12
Views: 1081

Re: Unoccupied second home: weird temperature spikes on remote monitor

Aliens.

They completed the pyramids, stepped back for a few thousand years and are now messing with the weather inside your house.
by Jack FFR1846
Wed Dec 13, 2017 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones Guided Solutions - Spouse is Employee
Replies: 25
Views: 1276

Re: Edward Jones Guided Solutions - Spouse is Employee

This is maybe a stupid question but how would they know if a spouse had an account at another brokerage firm? To go a step further......what if the spouse works at another firm? Question 8 How should members address situations where both spouses in a marriage are associated persons of separate empl...
by Jack FFR1846
Wed Dec 13, 2017 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: 3 accounts, 30 plus funds, 330,000 value, 2 advisers
Replies: 11
Views: 647

Re: 3 accounts, 30 plus funds, 330,000 value, 2 advisers

step 1: Fire the advisers step 2: Move what you are allowed to (IRA, taxable, Roth, old 401/3) to Vanguard, Schwab or Fidelity step 3: Sell off all that crap and buy the 3 fund. (step 2 and 3 may need to be reversed depending on cost to sell at each institution) If you do nothing else, do step 1. Wh...
by Jack FFR1846
Wed Dec 13, 2017 8:29 pm
Forum: Investing - Theory, News & General
Topic: ESPP - Would you participate and what's your strategy
Replies: 7
Views: 402

Re: ESPP - Would you participate and what's your strategy

Yup, twice a year, 15% discount, 10% of salary, immediate sale through eTrade where I can set the sell order up to a year in advance of the vesting. Just have to manually see that the trade has settled to send the money to my credit union.
by Jack FFR1846
Wed Dec 13, 2017 6:25 pm
Forum: Personal Consumer Issues
Topic: Saved a lot by cell phone 'family plan'
Replies: 4
Views: 564

Re: Saved a lot by cell phone 'family plan'

Look around. Outside of the big guys, the new spin offs, using the same towers and networks offer much, much cheaper prices, family plans, no added crap on top of the monthly charge and easy adds, drops, etc. We went through this 2 years ago when our 2 dumb phone, 1 smart phone family plan needed to...
by Jack FFR1846
Wed Dec 13, 2017 6:19 pm
Forum: Personal Consumer Issues
Topic: Who is Right Me or Spouse
Replies: 51
Views: 2454

Re: WHO IS RIGHT ME or SPOUSE

My wife is in charge of all gift giving. I'm sure I've given gifts to people I don't even know.
by Jack FFR1846
Wed Dec 13, 2017 4:06 pm
Forum: Personal Consumer Issues
Topic: Downsizing - How much to invest in a house before selling?
Replies: 17
Views: 1127

Re: Downsizing - How much to invest in a house before selling?

Depends also what the neighborhood is like. Who will the next buyer likely be. For example, if your house is in the middle of a neighborhood of trailers, you're the best house in the neighborhood. Do nearly nothing. If it's in the middle of a bunch of $2M mini mansions, it'll likely be bulldozed.......
by Jack FFR1846
Wed Dec 13, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: How much did you contribute to your 401k in 2017?
Replies: 56
Views: 2442

Re: How much did you contribute to your 401k in 2017?

By the end of the year (need to contribute every pay period or lose the match), $24k in 401k, $6500 in Roth, wife $6500 in Roth (she has no 40x anything). Taxable about $83k. This was a great year for bonuses, RSUs and employee stock program gains. I'm 60.
by Jack FFR1846
Wed Dec 13, 2017 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from a CFP to ?
Replies: 4
Views: 320

Re: Moving from a CFP to ?

I have my taxes professionally prepared for $300. I keep just over $2M in index funds without any financial adviser. My total cost for fund ERs is $800. Thus my total cost for holding the funds and tax preparation is $1100. Managing investments is easy. If you believe rebalancing is difficult (I tak...
by Jack FFR1846
Wed Dec 13, 2017 1:57 pm
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 17
Views: 884

Re: Buying Real Silver and Gold (Not Bitcoin)

I learned my lesson. Bought junk silver coins when silver was around $20 per to. Been selling to private buyers on craigslist lately since they'll pay more than Apmex or the local wholesale bullion shop. I learned my lesson.
by Jack FFR1846
Wed Dec 13, 2017 12:39 pm
Forum: Personal Consumer Issues
Topic: How to deal with Micro-manager
Replies: 24
Views: 1733

Re: How to deal with Micro-manager

Yes. I had a manager who acted the same way, but worse. The camera part brought it all back for me. In my case, part of my task was writing complex technical articles. My manager would read the work I had done and told me "change it to this" in an email. My thought was that if he wanted to change it...
by Jack FFR1846
Wed Dec 13, 2017 10:04 am
Forum: Personal Finance (Not Investing)
Topic: pay down mortgage or invest in taxable
Replies: 11
Views: 910

Re: pay down mortgage or invest in taxable

This comes down to risk. Since you're getting nothing in need based financial aid, you'd want to determine if you're ok with upcoming potential market downturns. If you are, then sure....invest in a taxable account. If seeing your account go to half what it is now would turn your stomach or worse, m...
by Jack FFR1846
Wed Dec 13, 2017 7:23 am
Forum: Investing - Help with Personal Investments
Topic: For ETFs: Fidelity or Vanguard or others
Replies: 4
Views: 446

Re: For ETFs: Fidelity or Vanguard or others

I think you'd want to first decide which ETFs you want to buy and then choose a provider who will allow you to buy and hold these for free. I do understand that there are those who will accept nothing but VTI. If that's the case, then either Vanguard or Merrill Edge are probably the places to consid...
by Jack FFR1846
Tue Dec 12, 2017 9:07 pm
Forum: Personal Consumer Issues
Topic: Ancestry / 23andMe
Replies: 60
Views: 3687

Re: Ancestry / 23andMe

Ask them.

One of my sons really, really wanted it done and took it as a birthday present. I have zero interest and would throw it out if somehow I got a kit.
by Jack FFR1846
Tue Dec 12, 2017 6:35 pm
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 109
Views: 3756

Re: Snow Tires? Worth it?

It is a pain to swap tires. TPMS with two sets of wheels are a pain. Tell me more about this. On my car I literally have to do nothing--the car just recognizes whichever TPMS sensors are in use, and functions normally. My wife's car allows two distinct sets to be registered, and there's a toggle sw...
by Jack FFR1846
Tue Dec 12, 2017 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Planning Advice
Replies: 5
Views: 553

Re: Investment Planning Advice

Remember that you don't need 3 funds in every account. I have 10 accounts and only one of these has more than 1 fund. That's the one (IRA) where I rebalance.
by Jack FFR1846
Tue Dec 12, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: High yield savings account
Replies: 13
Views: 1244

Re: High yield savings account

Redneck. 1.5% up to $35k.

I have them. They're nice.
by Jack FFR1846
Tue Dec 12, 2017 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Any experience with Redneck Money Market? (1.5%)
Replies: 7
Views: 566

Re: Any experience with Redneck Money Market? (1.5%)

Eye bin wit Redneck Bank for maybe a year. Heard about it right here an the Bugle Heads online forum. Eye reely like the 1.5% they give me. I keep exactly $35k there and every 20th of the month yank out the interest. It's like they just give me money every month. If you don't like the crazyness of t...
by Jack FFR1846
Tue Dec 12, 2017 12:40 pm
Forum: Personal Consumer Issues
Topic: Concert Decision and Advice
Replies: 36
Views: 1659

Re: Concert Decision and Advice

Just go. If you want to be in a calm area and are seeing Disturbed, don't go in the mosh pit. Don't expect it to be technically as good as the recordings because they're not doing 21 takes and a month of post production. They could be great, they could not. I've seen great and really boring but all ...
by Jack FFR1846
Tue Dec 12, 2017 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Year end review with less nerdy spouse
Replies: 54
Views: 4213

Re: Year end review with less nerdy spouse

9 slides? :shock: I show my wife 1 number....the total of our investments. Even with just that, she doesn't believe it and asks me how we could possibly have that much. Most of her friends have piddled away their money over the years and while we look forward to retirement in a couple years with 2 c...
by Jack FFR1846
Tue Dec 12, 2017 8:26 am
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 110
Views: 10074

Re: What to do after losing $117k in stock market?

If these loser single stocks are in a taxable account, sell them and take the loss on your taxes. If they're in a tax advantaged account, just sell them.

Then buy a proper mixture of the 3 fund portfolio.
by Jack FFR1846
Tue Dec 12, 2017 8:24 am
Forum: Personal Consumer Issues
Topic: Access to landlocked timber blocked by landowner
Replies: 29
Views: 2641

Re: Access to landlocked timber blocked by landowner

I can understand the landowner's point of view. He doesn't want anyone going through his property (south side) and he owns that property so has every right to insist you stay off it. This is pretty clear. If you don't like the arrangement, sell the property and look for another where you have proper...
by Jack FFR1846
Tue Dec 12, 2017 8:19 am
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 109
Views: 3756

Re: Snow Tires? Worth it?

Would you drive around on totally bald tires? But you have 4x4, so why not? Oh, because you'll slide and skid and fail to stop, I get it. So owning a 4 wheel drive vehicle doesn't make one invincible? For the record, I only buy snow tires. They work fine in the summer. The alternate (summer tires in...
by Jack FFR1846
Mon Dec 11, 2017 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Question on meeting with at-fault ins agent for injury claim
Replies: 9
Views: 583

Re: Question on meeting with at-fault ins agent for injury claim

Full stop.

Hire a lawyer to represent you. You think a few more visits should do it. What happens in a year when you find that things are not good and you need expensive treatment? You need someone looking out for your interests which I'm afraid you're not doing for yourself.
by Jack FFR1846
Sun Dec 10, 2017 5:20 pm
Forum: Investing - Theory, News & General
Topic: Schwab 25% Cheaper than Vanguard?
Replies: 13
Views: 1401

Re: Schwab 25% Cheaper than Vanguard?

SCHB and VTI are interchangable in my humble opinion. I hold both. They do the same thing as far as I'm concerned. I've held SCHB a bit over a year now in taxable and VTI about 6 months in taxable (at TDAmeritrade). Yes, I know TDA took it off the NTF list.
by Jack FFR1846
Sun Dec 10, 2017 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Quit jobs to gain lower EFC [Expected Family Contribution]
Replies: 89
Views: 5692

Re: Quit jobs to gain lower EFC

Well, this has been an enlightening thread. I for one would rather keep working and earning money as opposed to being early retirement where the cash flow becomes constrained and you are left hoping that the rules of the “game” are not switched before halftime. Maximizing levers is the best way to ...
by Jack FFR1846
Sun Dec 10, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 101
Views: 8506

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

Something I heard once in our Town Meeting as something to be aware of when debating an issue:

Everything has been said but not everyone has said it.
by Jack FFR1846
Sun Dec 10, 2017 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 101
Views: 8506

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

There are three things you need to know in order to get through life:

1) "That's a great idea, Boss"

2) "It was like that when I got here"

3) "Cover for me"


Not my ideas, those from Homer.


Or maybe more esoteric from Rick Harrison: "You never know what's going to walk in the door".
by Jack FFR1846
Sun Dec 10, 2017 2:33 pm
Forum: Investing - Theory, News & General
Topic: Would a Bitcoin Crash affect the general markets?
Replies: 25
Views: 1862

Re: Would a Bitcoin Crash affect the general markets?

I'd rather invest in Beanie Babies. At least there's some tangible thing that you get for your money. I see Bitcoin as vapor. At any point, it could just disappear. A Beanie Baby would at least be a thing that remains when the value is all gone from the hype.
by Jack FFR1846
Sun Dec 10, 2017 2:28 pm
Forum: Investing - Theory, News & General
Topic: How are 401k withdrawals taxed when you retire?
Replies: 12
Views: 1529

Re: How are 401k withdrawals taxed when you retire?

It doesn't link to being retired, it links to all of your income. Consider 401k withdrawals beyond 59.5 as simply your new job. Add to income as you do now with actual income. Indeed, if you have low enough income, you may have no tax or a very low bracket.
by Jack FFR1846
Sun Dec 10, 2017 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: How can someone who earns 500k/yr in w2 be in 25% tax bracket?
Replies: 17
Views: 2541

Re: How can someone who earns 500k/yr in w2 be in 25% tax bracket?

Or his LLC pays him a salary. Say $150k a year. Now the LLC pays separate taxes as a business. He's ignoring this as business expenses.
by Jack FFR1846
Sun Dec 10, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to live on one income?
Replies: 65
Views: 4864

Re: Can we afford to live on one income?

I expect you'll make your decision on things other than financial. Assuming she does stay home (my wife did), some surprises will come up. Her annual mileage will skyrocket. My wife's went up 50%. I have no idea where she went but compared with a 50 mile a day round trip, I think it was a few miles ...
by Jack FFR1846
Sat Dec 09, 2017 8:04 pm
Forum: Investing - Theory, News & General
Topic: Why Are So Many Companies Announcing Share Buyback?
Replies: 32
Views: 2856

Re: Why Are So Many Companies Announcing Share Buyback?

I've always thought that when a company buys back its own stock, it's sending the message "We don't know how to make money in our business so we'll take all this excess and just buy our stock". It tells me that upper management is greedy and/or stupid.
by Jack FFR1846
Sat Dec 09, 2017 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Quit jobs to gain lower EFC [Expected Family Contribution]
Replies: 89
Views: 5692

Re: Quit jobs to gain lower EFC

By the way, the absolute best way to game this system is to get a job (any job, including being a janitor) at school where school employee's children get free or cheap tuition and then have the kids get in to that school. Many of ht excellent school have this system including some of very very expe...
by Jack FFR1846
Sat Dec 09, 2017 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Need help with investing risk averse inlaws money
Replies: 5
Views: 311

Re: Need help with investing risk averse inlaws money

They do want to have the ability to use this money they are gifting us should they need it. In this case, they should not be gifting it away. Once the money has been gifted, it's gone. It could go towards the payment on a 2007 Aston Martin Vantage V8, silver with a 5 speed manual at my local Aston ...
by Jack FFR1846
Fri Dec 08, 2017 9:42 pm
Forum: Investing - Theory, News & General
Topic: Just not getting it
Replies: 69
Views: 8044

Re: Just not getting it

Let's turn back time to the start of my engineering career and pick the most stable, big, great companies who are going to rule the world forever. DEC....it's already passed on buying this silly startup, Apple because it's just a toy. Same with Compaq. It's outmaneuvering Big Blue (IBM). Wang.....be...
by Jack FFR1846
Fri Dec 08, 2017 8:06 pm
Forum: Personal Consumer Issues
Topic: Gift Giving Strategy for Married Couples
Replies: 20
Views: 1586

Re: Gift Giving Strategy for Married Couples

Both spouses open up laptops to Amazon, choose something they want, put it in the cart, ready to order. When both are ready, exchange laptops and both hit the "order" button.

Yes, we do this.
by Jack FFR1846
Fri Dec 08, 2017 10:56 am
Forum: Personal Consumer Issues
Topic: Extended warranty on 2018 Outback
Replies: 47
Views: 1589

Re: Extended warranty on 2018 Outback

Ok, here's a response from a "Subaru guy". You can buy any Subaru Factory extended warranty as long as the car is in the bumper to bumper 3/36 warranty (not the 5/60 powertrain). What I would do. First, Mastria Subaru in Mass is known for being THE lowest price on warranties in the US. Call and ask ...
by Jack FFR1846
Thu Dec 07, 2017 8:52 am
Forum: Personal Finance (Not Investing)
Topic: House on the market less than a day. Did listing agent commit fraud?
Replies: 56
Views: 6891

Re: House on the market less than a day. Did listing agent commit fraud?

The seller saw an acceptable offer and took it. Happened to me. We saw a house at 10pm and the agent said that she would put in an offer at 8 in the morning. An offer came in at 11pm and was accepted. We missed out on the house. We were going to move and were on a house hunting trip. The agent had a...
by Jack FFR1846
Thu Dec 07, 2017 8:46 am
Forum: Personal Finance (Not Investing)
Topic: How do you know you are FI? [Financially Independent]
Replies: 48
Views: 3811

Re: How do you know you are FI?

Example: my 12- year old chainsaw just bit the dust and I bought a new one for $450. Where does that appears on my Retirement Expenses Spreadsheet? Picture of chainsaw, please. (I forest manage and am a Husqvarna user) $450 should not be a significant part of your living expenses. If it is, you're ...
by Jack FFR1846
Wed Dec 06, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: How do you know you are FI? [Financially Independent]
Replies: 48
Views: 3811

Re: How do you know you are FI?

For me, (I'm very conservative), it means: Assets able to support at 2% withdrawal (50 time spending in liquid assets). Paid off mortgage and no debt. College fully funded or even better, kids graduated from college, out of the house with good jobs. No humungous known expenses on the horizon. Health...
by Jack FFR1846
Wed Dec 06, 2017 1:47 pm
Forum: Personal Consumer Issues
Topic: Least/Most Reliable Carmakers Today
Replies: 31
Views: 1940

Re: Least/Most Reliable Carmakers Today

There's more to it than just brand. A Ford Focus with the automatic transmission is by far the least reliable car on the planet. A Ford Fusion is one of the better ones. Each model and option makes a difference. Back when Fusion and Mazda 6 were the same car, a bunch of us at my work had both cars. ...
by Jack FFR1846
Wed Dec 06, 2017 1:40 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 176
Views: 9918

Re: Do people still use AAA?

I went to the airport nice and early for a business flight back in August. I'm about to leave my car at the off airport parking lot and get on the shuttle. I'm so used to locking the door that I do that. Unfortunately, the key was in the car. Called AAA and they got there soon enough to still make m...
by Jack FFR1846
Wed Dec 06, 2017 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Anyone mirror AA acorss multiple accounts ?
Replies: 23
Views: 1545

Re: Anyone mirror AA acorss multiple accounts ?

10 accounts between my wife and me. Only one of them, which holds about half my investments and is a traditional IRA has more than 1 fund in it. That's where I do all of my rebalancing. I take advantage of the absolute best ERs.
by Jack FFR1846
Wed Dec 06, 2017 8:39 am
Forum: Personal Consumer Issues
Topic: selling an older car on eBay-no bites!
Replies: 65
Views: 4599

Re: selling an older car on eBay-no bites!

Now that I know what it is, I might be able to help. You're going to want to market this in a couple places. One place is the custom hydrolic guys who make low riders and such. The live rear axle, front engine design is ancient and easy to work with. The anemic engine can be easily replaced. The sma...
by Jack FFR1846
Tue Dec 05, 2017 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Want to sell my Bitcoin, but when?
Replies: 90
Views: 8323

Re: Want to sell my Bitcoin, but when?

Nope I fully exited when the price hit $7k and wont go back now that it's in the secondary market (less miners more purchasers) and the sorry state of cryptocurrency encryption code or lack there of. Don't even get me started on the wallet code, hopefully you have yours in a offline hard drive wall...
by Jack FFR1846
Tue Dec 05, 2017 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Whole Life Insurance - Cancel or Keep?
Replies: 9
Views: 903

Re: Whole Life Insurance - Cancel or Keep?

Get an in force illustration. It's quite possible that you don't actually have whole live as you say it's a VUL. I also thought I had a whole life policy that my dad bought almost 30 years ago and paid the premiums on. Mine turned out to be a UL and came with a term. So at some point (actually soon)...
by Jack FFR1846
Tue Dec 05, 2017 7:40 am
Forum: Personal Consumer Issues
Topic: selling an older car on eBay-no bites!
Replies: 65
Views: 4599

Re: selling an older car on eBay-no bites!

I suspect the OP's nostalgia for a car he has owned for 40 years has led to an overestimation of its value. Just because a car is old and in decent shape doesn't mean it's worth a fortune. I am seeing this now especially with people asking ridiculous money for 20-30 year old mass produced cars with...
by Jack FFR1846
Mon Dec 04, 2017 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage is About To Be Paid - I'm Scared!
Replies: 43
Views: 5660

Re: Mortgage is About To Be Paid - I'm Scared!

Any advice on how your mind changes once you have no debt? Any advice on how to be OK holding large sums of accounts? I am used to being 'under' something that I'm trying to get paid off. I am not used to having something and being on top of it. Thank you. Send your kids to private college and pay ...