Search found 6807 matches

by Jack FFR1846
Thu May 24, 2018 2:21 pm
Forum: Personal Consumer Issues
Topic: Decision points on new Iphone
Replies: 19
Views: 958

Re: Decision points on new Iphone

I've yet to have anyone give me a specific, concrete example of what any newer iPhone buys me beyond what my 4S gives me. A camera capable of much better quality images, if you're into taking photos with your phone. A much faster processor. The only pictures I take are for craigslist. Or my receipt...
by Jack FFR1846
Thu May 24, 2018 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: 529 vs Emergency Fund
Replies: 21
Views: 1253

Re: 529 vs Emergency Fund

Some alternate ideas.

Before paying more towards the mortgage, take out a no cost HELOC. This way, you free up money that can become your emergency fund.

Consider iBonds instead of (or in addition to) the 529s. If you get significant state tax breaks for 529 contributions, do that first.
by Jack FFR1846
Thu May 24, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Late 20's small business owner looking for career change
Replies: 13
Views: 981

Re: Late 20's small business owner looking for career change

Thinking of getting your family and friends to work with you, providing $2M in AUM and $20k in fees sounds exactly like where Edward Jones starts all it's prospects. Add to that the door to door knocking and attending all the little league games and all the churches and all the Rotary and Elks and A...
by Jack FFR1846
Thu May 24, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: Decision points on new Iphone
Replies: 19
Views: 958

Re: Decision points on new Iphone

This really depends on what you need. What support have you used with your 4? I have a 4S and have never needed any support. If there are apps that you want to use, can you simply update your ios and then get the apps? Yah, I know that once you're over ios 7.1 that the factory supported speed slow d...
by Jack FFR1846
Thu May 24, 2018 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Buying Crypto tokens in private sale prior to ICO
Replies: 21
Views: 1113

Re: Buying Crypto tokens in private sale prior to ICO

Nate79 wrote:
Thu May 24, 2018 10:54 am
This would be a red flag, not an opportunity. This area is full of scams.
So.....if red is not-opportunity, then I should put my money on black? Or double zero? Or your trying to increase your odds, so I'll put my money on red. Ha! Thought you'd get us with your parlor tricks, eh?
by Jack FFR1846
Thu May 24, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: About to retire and at an almost total loss.
Replies: 15
Views: 4644

Re: About to retire and at an almost total loss.

My thoughts....... Once retired and firmly in a lower tax bracket, sell off the stocks and invest in diversified mutual funds. Can you sell the business? My fear would be that income from the business dwindles and you have to choose between letting it go downhill or becoming un-retired to go fix it....
by Jack FFR1846
Wed May 23, 2018 2:28 pm
Forum: Personal Consumer Issues
Topic: Should I spend $1,500 on getting some rust repaired on a 15 year old Buick
Replies: 36
Views: 2314

Re: Should I spend $1,500 on getting some rust repaired on a 15 year old Buick

I'll agree. We bought my father in law's 04 Outback with 45k miles on it. The body doesn't have a spec of rust. Under the car is a rusty disaster. All the things that would normally be found during the powertrain warranty come and rear their ugly heads. My philosophy with my car is to just drive it ...
by Jack FFR1846
Wed May 23, 2018 1:13 pm
Forum: Personal Consumer Issues
Topic: Factory Five build cars
Replies: 23
Views: 2211

Re: Factory Five build cars

I am not sure of the FF Cobras as I built ours quite a while back but I could not get into any of the cars with a 90" wheelbase - just not enough room for me at a bit over 6'2" and for my legs and a clutch pedal. I ended up with a slightly lengthened Cobra wheelbase kit (with appropriate scaling in...
by Jack FFR1846
Wed May 23, 2018 12:59 pm
Forum: Personal Consumer Issues
Topic: Negotiating for Residential Solar
Replies: 11
Views: 785

Re: Negotiating for Residential Solar

Are there other companies that you can get quotes from? Get them all to quote. Then work them all against each other. Add independent contractors in the mix. In the end, you likely can go to the guy you think is the best and have him match your best deal.

That's how I bought my last Jeep.
by Jack FFR1846
Wed May 23, 2018 7:47 am
Forum: Personal Consumer Issues
Topic: Florida Living
Replies: 41
Views: 4203

Re: Florida Living

Wherever you're thinking, plan a week's vacation there during the summer. My wife and I were thinking Ft Myers to retire. We went there for a week. We crossed all of Florida off our list. My mom has lived in Orlando for 10 years and just sold her place to move back to Massachusetts. She got tired of...
by Jack FFR1846
Wed May 23, 2018 7:34 am
Forum: Personal Consumer Issues
Topic: AAA vs. GEICO for Roadside Assistance--Help Me Decide!
Replies: 30
Views: 1811

Re: AAA vs. GEICO for Roadside Assistance--Help Me Decide!

I've kept AAA even when I've bought a new car that comes with years of free roadside assistance. Let me think. We get enough of an insurance discount to pay for the membership. We get into the zoo, Legoland and amusement parks with discounts or free extra days. Not a lot, but $5 each off at Lime Roc...
by Jack FFR1846
Tue May 22, 2018 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: Question about E*money
Replies: 8
Views: 722

Re: Question about E*money

I banged around the site.

They provide 4 specific things (their words). Relationship, referrals, retention, revenue.

After the free trial, the lowest cost is $162 per month.


Pass
by Jack FFR1846
Tue May 22, 2018 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Buy an old farmhouse?
Replies: 46
Views: 3330

Re: Buy an old farmhouse?

Not sure where you're locating, so I'll use my own property as reference in eastern Massachusetts..... I've got 13 point something acres. All wooded on a hill besides the driveway and house. 6000 square feet of lawn that can't be seen by neighbors so only my wife complains if it gets a foot tall. It...
by Jack FFR1846
Tue May 22, 2018 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Need Your Advice - Thank You
Replies: 11
Views: 773

Re: Need Your Advice - Thank You

I'd agree with Taylor's response and also add an option 5: 5) Do it yourself using low cost index funds. Don't do something, just stand there. If you have some time, look up Fidelity's study of their own 401k holders. They found that the most successful investors had an overwhelmingly common trait.....
by Jack FFR1846
Tue May 22, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Difficulty with Parents-In-Law
Replies: 25
Views: 1371

Re: Difficulty with Parents-In-Law

Let me speak from the viewpoint of your mother in law:


GET OFF MY LAWN!
by Jack FFR1846
Tue May 22, 2018 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life vs Universal Life
Replies: 13
Views: 1080

Re: Whole Life vs Universal Life

I can tell you that my Universal Life policy, that my dad bought me 28 years ago had a cash value that would go to zero at some age and its death benefit would go to zero at that same age, assuming I continued paying premiums. I had it assessed last year and realized that even paying the level premi...
by Jack FFR1846
Tue May 22, 2018 12:21 pm
Forum: Personal Consumer Issues
Topic: Factory Five build cars
Replies: 23
Views: 2211

Re: Factory Five build cars

I'll give you a hint. Look at my screen name. My kit number was 1846k and I picked it up in September of 99. A Cobra is the simplest to build and I'd say that if you've got tools and a floor jack, you can probably build one. The manual alone is all I had when I started building. Now, you've got both...
by Jack FFR1846
Tue May 22, 2018 10:10 am
Forum: Personal Consumer Issues
Topic: Time For New Car?
Replies: 34
Views: 2354

Re: Time For New Car?

It varies with the study but in some studies 93% of US drivers consider them self to be above average drivers. https://en.wikipedia.org/wiki/Illusory_superiority#Driving_ability So, sure.....the devices I cited are not recent. But in my opinion, they are the latest true safety devices. I might sque...
by Jack FFR1846
Tue May 22, 2018 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Principal Global Real Estate Securities (POSIX)
Replies: 2
Views: 155

Re: Principal Global Real Estate Securities (POSIX)

What's actually inside of POSIX? I've seen other supposed REITs that are nothing but holding companies for credit default swaps. Watch "the Big Short" to understand why that would be a bad thing. Or just relive 2008.
by Jack FFR1846
Tue May 22, 2018 9:07 am
Forum: Personal Consumer Issues
Topic: How have you upgraded your wardrobe?
Replies: 96
Views: 4227

Re: How have you upgraded your wardrobe?

I go by the old mantra.....wear what your boss's boss wears. Well, my boss's boss wears jeans, a button down shirt and decent sneakers. His boss wears the same except for khakis. Most in my office wear company polo shirts with the company name on it......which I'm doing today.
by Jack FFR1846
Tue May 22, 2018 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Lease buyout negotiation tips?
Replies: 21
Views: 1761

Re: Lease buyout negotiation tips?

Does anyone know if the dealer gets paid from the leasing company when a leased car is returned? I know that the disposition fee is waived under certain conditions. I would think that the dealership gets some form of compensation for handling the return. I'm wondering if this can be used as leverag...
by Jack FFR1846
Tue May 22, 2018 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy a new car?
Replies: 43
Views: 2060

Re: Should I buy a new car?

Have you actually driven the Jag yet? I'd reserve any decision until that's been done.

I could refer you to a few places for background....the advertising slogan in "Crazy People" with Dudley Moore and this year's Grand Tour. I can't really tell you any more for fear of being banned.
by Jack FFR1846
Tue May 22, 2018 7:27 am
Forum: Investing - Help with Personal Investments
Topic: Can I transfer brokerage Acct without speaking to FA?
Replies: 20
Views: 1163

Re: Can I transfer brokerage Acct without speaking to FA?

Wow.....with all those stocks, I'd look for someplace where they'll give you 100 free trades on transfer, transfer in kind and then unwind that huge mess. If you have any losses, pair them with long term gains to keep the taxes down. It's not a huge amount of money, so not sure you'll find that many...
by Jack FFR1846
Tue May 22, 2018 7:19 am
Forum: Personal Consumer Issues
Topic: Time For New Car?
Replies: 34
Views: 2354

Re: Time For New Car?

As for the dude who poo-poos the latest safety upgrades, I submit that they are nothing short of breathtaking. The Insurance Institute for Highway Safety agrees. In the approximate order of importance they are: Autonomous emergency braking Backup camera Rear collision mitigation Lane keeping assist...
by Jack FFR1846
Mon May 21, 2018 9:00 pm
Forum: Personal Consumer Issues
Topic: Time For New Car?
Replies: 34
Views: 2354

Re: Time For New Car?

Acura what? Auto or manual? Engine? If it's a DC integra or better GSR or best, type R, I'd tend to keep it. Could you do any maintenance yourself? Most of what you list is pretty easy to do (even motor mounts are no big deal). Alternators on Hondas are 120k mile wear items (have done many of them) ...
by Jack FFR1846
Mon May 21, 2018 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Can I transfer brokerage Acct without speaking to FA?
Replies: 20
Views: 1163

Re: Can I transfer brokerage Acct without speaking to FA?

I find it best to storm into the FA's office unannounced, walk up to his desk, slam my fist on the desk and shout at him "I'm mad as hell, and I'm not going to take it anymore", then storm out.
by Jack FFR1846
Mon May 21, 2018 7:18 am
Forum: Personal Consumer Issues
Topic: Detached Garage
Replies: 18
Views: 2152

Re: Detached Garage

Ask a local civil engineer. Our 24x36 garage in eastern Ma has footings as required by local code.
by Jack FFR1846
Mon May 21, 2018 6:28 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 976
Views: 75258

Re: To take or not to take delivery of Tesla 3

Have we analyzed the following in this thread? I couldn't find them in my casual reading of the past 18 pages over the last several months: 1. Is the gas savings on the Tesla website legit? https://www.tesla.com/where-you-park For the average 15,000 miles a year, $0.12 kWh FPL electricity, and $2.9...
by Jack FFR1846
Sat May 19, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: recruiter says you are the top candidate -- true?
Replies: 5
Views: 676

Re: recruiter says you are the top candidate -- true?

Sure, but that might not mean anything. I've had that happen for a job I interviewed for. Never received an offer. I kept tabs and knew the company never hired anyone. 2 years later, interviewed with them again. Again, I'm the top candidate. No offer. 3 years later, I hear they hired someone. The pe...
by Jack FFR1846
Sat May 19, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: What are downsides of ESPP @ 15% discount ?
Replies: 41
Views: 2672

Re: What are downsides of ESPP @ 15% discount ?

As you defined it, where it can sell at vest, there's no downside.

Taxes? I'd rather pay tax on "no work" profit than give up the profit.

My ESPP is better than you list where I can specify the sale at vest ahead of time and it sells miliseconds after it's given to me.
by Jack FFR1846
Fri May 18, 2018 2:03 pm
Forum: Personal Consumer Issues
Topic: Renting storage unit
Replies: 24
Views: 1679

Re: Renting storage unit

That must be some really nice stuff for what is probably $40k of costs in todays dollars. Indeed! And with as little snark as possible.......when you do pass away, what will happen to these items? I ask because when my dad passed, he had many genuine antique things that he passed along to me. Many ...
by Jack FFR1846
Fri May 18, 2018 12:54 pm
Forum: Personal Consumer Issues
Topic: Moving to Texas - [Request for clothes, car window tint] recommendations
Replies: 42
Views: 2890

Re: Moving to Texas - [Request for clothes, car window tint] recommendations

What do others in YOUR company wear there?

I worked for a Texas based (Dallas, just east of Hi 5....) company and if Rich Templeton was wearing a tie, it meant investors were in the building.
by Jack FFR1846
Fri May 18, 2018 8:16 am
Forum: Personal Consumer Issues
Topic: What would you do? takes 6 months to fix a Tesla Model S
Replies: 33
Views: 2542

Re: What would you do? takes 6 months to fix a Tesla Model S

"Tesla Model S now going on 6 years and it has had a few collisions, " That car seems to be jinxed, get rid of it. I had only two accidents in 50 years, one by a drunk, other by 2 girls coming from a mall. This can easily be because of where you live and where and when you drive. My wife and I have...
by Jack FFR1846
Fri May 18, 2018 5:34 am
Forum: Personal Consumer Issues
Topic: Road trip Newark NJ to Albany
Replies: 76
Views: 3267

Re: Road trip Newark NJ to Albany

It can be very grand and unforgettable around Newark airport. Everyone should see it once to experience it. It really is one of the 7+ wonders of the world. It's actually quite thrilling and breathtaking. Don't miss it if you have never seen it. So many lanes and signs and an amazing landscape of m...
by Jack FFR1846
Fri May 18, 2018 5:29 am
Forum: Personal Consumer Issues
Topic: Renting storage unit
Replies: 24
Views: 1679

Re: Renting storage unit

A good exercise is to rent a moving truck, load everything that you plan to put in storage and drive it directly to the dump. Craigslist, eBay, yard sale, it's not hard to dump a lot of crap that you will never use. As I tell my wife, I'd rather have someone from craigslist pay me to haul away our t...
by Jack FFR1846
Thu May 17, 2018 5:50 pm
Forum: Personal Consumer Issues
Topic: Should I have my new garage floor coated with Epoxy?
Replies: 23
Views: 3016

Re: Should I have my new garage floor coated with Epoxy?

Ask your real estate agent if it will increase the value of the house or make it more attractive. I highly doubt it'll make it worth more than $10 over what it would sell for without the coating.
by Jack FFR1846
Thu May 17, 2018 2:57 pm
Forum: Investing - Theory, News & General
Topic: Are you including annual increases in contributions in your projections?
Replies: 36
Views: 1574

Re: Are you including annual increases in contributions in your projections?

I made myself an excel spreadsheet to allow total flexibility. It runs year by year with projections. I can change anything along the way, including any increases by percent or just force a number into it. As the year closes, I replace all projections with actual numbers. This, of course adjusts eve...
by Jack FFR1846
Thu May 17, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: Car mileage, Fuel additives and other
Replies: 31
Views: 1422

Re: Car mileage, Fuel additives and other

In the Northeast, I think every station is required to include 10% ethanol. Fuel injector cleaner is generally ethanol, so you already have it. Top tier, bottom tier, sludge from the bottom of the tank.....if you have a new direct injected engine, your intake valves won't be any different. Not one m...
by Jack FFR1846
Thu May 17, 2018 1:21 pm
Forum: Personal Consumer Issues
Topic: Scholarships for elementary school education
Replies: 5
Views: 446

Re: Scholarships for elementary school education

There are. But these tend to come from the school itself. The most common is by need. Others depend on the school and can be from legacy students (parents of siblings are graduates) or a multitude of other reasons. It would be worthwhile to ask the school this directly. You also want to do it early ...
by Jack FFR1846
Thu May 17, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: Bank Interest Rates — when will they go up?
Replies: 25
Views: 2778

Re: Bank Interest Rates — when will they go up?

Having lived through the late 70's when car loans were 20% for great credit and later in the mid 80's when 13.8% was the best 15 year mortgage offered, bank rates were much higher. I had a 6 month CD around 1988 that was 10%. So what? Rates that banks pay are always going to be less than inflation. ...
by Jack FFR1846
Thu May 17, 2018 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Thinking about self-managing my account
Replies: 25
Views: 1424

Re: Thinking about self-managing my account

The fund choices are overly complicated and weird to me. What's wrong with a traditional 3 fund at your 65/35 desired allocation? That'll get you a lower overall ER than you presently have and by punting the PAS, gains you 0.3% immediately. Rebalancing is 15 minutes a year. Set yourself up for ease ...
by Jack FFR1846
Thu May 17, 2018 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Ally No Penalty CD @1.75% vs VMMXX @ 1.87%
Replies: 26
Views: 3236

Re: Ally No Penalty CD @1.75% vs VMMXX @ 1.87%

Rates are rising everywhere. I have an Ally 11 month no penalty 1.75% CD as well. It's sitting where it is until someone (that I'm with) offers a regular money market type account at a higher rate. Since opening this CD, Redneck upped their Megamoney account to 1.75%, but I'm almost at their $35k ma...
by Jack FFR1846
Thu May 17, 2018 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 7570

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Just curious, how is gold that different from silver? They're both precious metals, neither produces any real return. Why is gold so much "better" than silver? Silver costs much more as a percentage than gold to both buy and sell. I still have some silver coins I'd love to unload. Worst investment ...
by Jack FFR1846
Thu May 17, 2018 8:28 am
Forum: Personal Finance (Not Investing)
Topic: How to find a realtor after relocating
Replies: 7
Views: 635

Re: How to find a realtor after relocating

I think you're making this out to be more than it needs to be. You don't need a buyer's agent. Literally contact any real estate agency and tell them you want to look for a home. They'll qualify you and get your needs. They'll have the access codes to get keys to show houses. Go look all you want. K...
by Jack FFR1846
Thu May 17, 2018 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Buying I bonds - what is the purpose of Registration on TD website
Replies: 22
Views: 2118

Re: Buying I bonds - what is the purpose of Registration on TD website

There is a way to buy limited amounts of bonds without having to deal with TD. As a Federal tax refund up to $5k. As the holder of over $350k in paper bonds, I have no electronic bonds and never will. When I want to cash the bonds, I simply bring the paper bonds to my credit union, sign them, show I...
by Jack FFR1846
Thu May 17, 2018 7:45 am
Forum: Personal Consumer Issues
Topic: Brake work estimate
Replies: 45
Views: 2841

Re: Brake work estimate

BMW charges $198 for rear brake pads and sensors on a 3 series and $208 on an x3. Your paying $75 more for a ford at an independent mechanic? Now, I haven't done brakes on a new 3 series, but have on an 80's 3 series and 90 M3. The pads can be changed without even removing the calipers. 2 pins to d...
by Jack FFR1846
Thu May 17, 2018 6:42 am
Forum: Personal Consumer Issues
Topic: What would you do? takes 6 months to fix a Tesla Model S
Replies: 33
Views: 2542

Re: What would you do? takes 6 months to fix a Tesla Model S

Talk with your insurance company. They will total the car. This is a very common problem with the type of car I used to own....a Lotus Elise. With that car, the entire front is a single part and the entire rear is a single part. Repair is well defined by Lotus and the only approved repair is replace...
by Jack FFR1846
Thu May 17, 2018 6:25 am
Forum: Personal Finance (Not Investing)
Topic: Golden Handcuffs
Replies: 53
Views: 8458

Re: Golden Handcuffs

Simple. Don’t let $$$ be the primary factor in this decision. It’s a fine tool but a terrible master. This is the thought that true golden handcuffs fight. Hold the employee in place with the future reward hanging out there like a carrot on a stick. In my company eTrade account, when I log in, it g...
by Jack FFR1846
Wed May 16, 2018 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: I will be laid off but can not get unemployment benefits?
Replies: 26
Views: 3854

Re: I will be laid off but can not get unemployment benefits?

Every state will have its own rules. In mine, many years ago, I applied for unemployment and during the interview told the worker that I was thinking of starting a small business mounting ski bindings. That's the job I was laid off from. I was tild that if I even buy a hammer, I would become inellig...