Search found 6964 matches

by Jack FFR1846
Mon Jun 18, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Retire at 50: Should I?
Replies: 26
Views: 2026

Re: Retire at 50: Should I?

Today was your last day of work. Shut off the alarm clock and sleep in. If you feel like it, tell someone at your work sometimes that you've retired. Or not.
by Jack FFR1846
Mon Jun 18, 2018 9:09 pm
Forum: Personal Consumer Issues
Topic: How much car to buy reasonably?
Replies: 41
Views: 1535

Re: How much car to buy reasonably?

If you are nimble enough, buy the best condition, latest, lowest mileage Lotus Elise you can find. I guarantee you that it will handle better than anything else in this thread. Go look around LotusTalk. Find the Uberthread. It has the things that need to be modified, fixed or changed to make this a ...
by Jack FFR1846
Mon Jun 18, 2018 2:57 pm
Forum: Investing - Theory, News & General
Topic: What does it mean: Rule No. 1: Never lose money
Replies: 41
Views: 2398

Re: What does it mean: Rule No. 1: Never lose money

We have a local financial planner group who does a radio show on AM radio. They're motto is: Rule number one: Just don't lose the money. Rule number two: Don't forget rule number one. I think they probably sell annuities. Either that or they put money in trust as they focus on "not losing your money...
by Jack FFR1846
Mon Jun 18, 2018 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Northwestern Mutual Advisory Portfolios
Replies: 18
Views: 656

Re: Northwestern Mutual Advisory Portfolios

Here's how they can guaranty that you'll outperform: Say that today, Northwestern has 20 funds that they can offer. Next year 5 have massively underperformed. They get dissolved and the assets rolled into other funds. The underperformance data simply disappears. Only the money is added to the new fu...
by Jack FFR1846
Mon Jun 18, 2018 11:09 am
Forum: Personal Consumer Issues
Topic: Where to purchase an used clarinet for a student - Amazon vs. store?
Replies: 12
Views: 505

Re: Where to purchase an used clarinet for a student - Amazon vs. store?

Check used guitar stores. I picked up my son's at a Daddy's Junky Music when they existed. I see them at Music Go Round and if you look online at Guitar Center (Music and Arts is owned by them), you may find one. I paid $125 for an excellent one. We've had the pads redone a couple times. We had the ...
by Jack FFR1846
Mon Jun 18, 2018 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Social Security advice needed
Replies: 28
Views: 1794

Re: Social Security advice needed

Have you included the likely reduction in benefits in 2034 of 25%?
by Jack FFR1846
Sun Jun 17, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Independent Franchise
Replies: 25
Views: 1658

Re: Schwab Independent Franchise

$50k for a Schwab franchise? Yikes, that's cheap. We have a Schwab office an hour away and another Schwab office that's' only open by appointment 20 minutes away. I also do receive emails about various classes and seminars they're giving. No real "bothering" that I can remember. I don't use IP. I ju...
by Jack FFR1846
Sun Jun 17, 2018 6:13 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 108
Views: 4704

Re: Which Supermarket are you?

Measured by dollars spent, Stop & Shop because I manufacture spend there when visa gift cards get me gas points. Probably spend $30k a year on that nonsense. Measured by groceries bought, Market Basket. I buy by cost. If organic food thing costs $1 per pound and high insecticide infused plutonium en...
by Jack FFR1846
Sun Jun 17, 2018 6:15 am
Forum: Personal Finance (Not Investing)
Topic: Do you cancel old credit cards?
Replies: 31
Views: 2645

Re: Do you cancel old credit cards?

When I discovered churning and low balance forgiveness, I stopped cancelling cards. I probably have 25 cards. I open on average one new card a month for the sign on bonus. My FICO is right around 800.
by Jack FFR1846
Sat Jun 16, 2018 6:58 pm
Forum: Personal Consumer Issues
Topic: What to do with the family wagon
Replies: 16
Views: 1362

Re: What to do with the family wagon

There are tons of 3 row SUVs out that can be bought for half what a Suburban costs. I understand if you're also pulling a boat or an enclosed racecar trailer (I had both when I owned a Yukon XL) but if not, then why not Explorer or the new Subaru Ascent or the other bazillion choices. Most come with...
by Jack FFR1846
Sat Jun 16, 2018 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Fund college tuition through 529 plan or Indexed Universal Life (IUL)
Replies: 32
Views: 1465

Re: Fund college tuition through 529 plan or Indexed Universal Life (IUL)

The discussion has been about financial aid, not need-based aid. They aren’t the same thing. I agree with you about need-based aid (possible exception would be if you have multiple kids at expensive schools simultaneously.) If the OP wasn't trying to get need based aid, they would have zero reason ...
by Jack FFR1846
Sat Jun 16, 2018 7:41 am
Forum: Personal Consumer Issues
Topic: Private Sale test drive
Replies: 13
Views: 1179

Re: Private Sale test drive

I've sold at least a couple dozen cars privately. If the car has a lot of value, I go along for the ride. If not, let them take it without me. With my Lotus, I drove the car first and then swapped places. It helped to orient the driver to the car and the area. Someone mentioned taking a picture of t...
by Jack FFR1846
Fri Jun 15, 2018 1:47 pm
Forum: Investing - Theory, News & General
Topic: Oh my! Cardone says we need $10m net worth
Replies: 58
Views: 8472

Re: Oh my! Cardone says we need $10m net worth

This piece needs a clip of Dr. Evil saying "One Hundred Billion Dollars".

What garbage.
by Jack FFR1846
Fri Jun 15, 2018 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Job in MA, live in MA, RI, or CT?
Replies: 66
Views: 2514

Re: Job in MA, live in MA, RI, or CT?

I can't argue with traffic in general being bad in eastern Mass, but traffic is really local. There are 3 major highways in the area of question that are very, very underused. 395 from Auburn, Ma (90) to New London, CT, Rt 146 from Worcester (290 in Worcester) to 295 which circles north of Providenc...
by Jack FFR1846
Fri Jun 15, 2018 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Job in MA, live in MA, RI, or CT?
Replies: 66
Views: 2514

Re: Job in MA, live in MA, RI, or CT?

We should refocus.....NH wasn't in the question. I don't know of any big employers in towns like Webster or Sutton, so am assuming Worcester or Hopkinton or maybe Framingham. OP....any chance you can say what town you're going to work in? I think there are actually a good number of us who live nearby.
by Jack FFR1846
Fri Jun 15, 2018 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: What to put in taxable brokerage account?
Replies: 12
Views: 968

Re: What to put in taxable brokerage account?

So, what would you NOT put in taxable brokerage account? REITs, taxable bonds, international. I have 2 accounts for taxable. Schwab holds SCHB and TDAmeritrade holds VTI. Both ETFs because that was the cheapest way to do it when I opened the accounts. I'm a firm believer that one's a glass bottle h...
by Jack FFR1846
Fri Jun 15, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Job in MA, live in MA, RI, or CT?
Replies: 66
Views: 2514

Re: Job in MA, live in MA, RI, or CT?

Property taxes:

Hopkinton, MA 1.69%
Hopkinton, NH 3.35%
Hopkinton, RI 2.00%
Simsbury, CT 3.71%

Can we change our name to "Lack-of-tax-achusetts" now?
by Jack FFR1846
Fri Jun 15, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Drive from Phoenix to San Diego
Replies: 39
Views: 2099

Re: Drive from Phoenix to San Diego

"Oppressive tree cover"..... I've never heard that term before. Pretty funny.

Anyways.....if you're in SD with kids, head north for a couple days to Legoland. Bring your AAA card. We got the 2nd day free with it. I assume it's still there.....brought the kids maybe 10 years ago.
by Jack FFR1846
Fri Jun 15, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Job in MA, live in MA, RI, or CT?
Replies: 66
Views: 2514

Re: Job in MA, live in MA, RI, or CT?

I think you should research the taxes in all states so you are informed. Sounds like you will likely work within bicycle distance from my house. :D Remember that you're going to pay the income tax of the higher of MA or the state you live in. MA: 5.1% RI: Progressive 3.75-5.99% CT: Progressive 5.5-6...
by Jack FFR1846
Fri Jun 15, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: can we afford to spend $20K on travel annually
Replies: 89
Views: 6413

Re: can we afford to spend $20K on travel annually

Do it while you can! We took our kids to Aruba several times when they were little. These days (17 and 21), summer internship, work, school/college vacations not lined up, decisions on where to go make it much harder for our family. We've decided to take a vacation this year which will have to wait ...
by Jack FFR1846
Fri Jun 15, 2018 9:25 am
Forum: Personal Consumer Issues
Topic: A vehicle that "sits up" but can't afford CRV
Replies: 62
Views: 4784

Re: A vehicle that "sits up" but can afford CRV

Subaru Crosstrek. Great gas mileage, sits like a CRV, Doesn't create it's own extra oil, not a big hulk of a vehicle. The first year made was 2013 for reference. The seat does raise/lower (manual raise and lower except for a new limited)
by Jack FFR1846
Fri Jun 15, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 141
Views: 9180

Re: Which boglehead rule do you break--and are ok with

Cars. I actually bought a replacement car for my wife yesterday. We were going to buy either a Subaru Impreza or Crosstrek because they're cheap, AWD and cheap on gas. After a couple recent trips with both our kids (17 and 21), in our Crosstrek and my Wrangler, I made the executive decision that it ...
by Jack FFR1846
Fri Jun 15, 2018 8:57 am
Forum: Personal Finance (Not Investing)
Topic: $75,000 bonus - help me with my plan
Replies: 20
Views: 2273

Re: $75,000 bonus - help me with my plan

If you are truly risk averse (this describes me), I would think that there would be no question on this. Pay off the car then put anything left over onto the mortgage. I am less risk averse now than in my younger years. When my mortgage was paid off, I bought US savings bonds. I opened my first taxa...
by Jack FFR1846
Fri Jun 15, 2018 8:43 am
Forum: Investing - Help with Personal Investments
Topic: 28 with a wife and new baby
Replies: 31
Views: 2042

Re: 28 with a wife and new baby

My view is probably clouded by my present situation with a paid off house (long ago), no debt, 2 comma retirement portfolio and between the 2 kids, more in tuition payments than my base salary (thanks to business for RSUs, ESPP and a bonus plan and a very LBYM lifestyle, I do still have money left o...
by Jack FFR1846
Fri Jun 15, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Career advice (take the promotion or not)
Replies: 25
Views: 2794

Re: Career advice (take the promotion or not)

I think you really need to look for a new job. I assume you're either civil or mechanical MS. My son is currently doing a summer internship in a structural group of a major corporation that builds stuff. It's located in a medium cost area and indications are that he'll be offered a job at graduation...
by Jack FFR1846
Fri Jun 15, 2018 7:43 am
Forum: Investing - Help with Personal Investments
Topic: 28 with a wife and new baby
Replies: 31
Views: 2042

Re: 28 with a wife and new baby

1) Having a number of kids.
2) Dropping income with SAHM
3) Possibly paying a nanny

FI in the next 10 years.


Sorry. Not sure why nobody has simply said that this is absolutely not possible. Unless you become head of a department at the college and consult at $1,000 an hour or inherit $5MM......
by Jack FFR1846
Fri Jun 15, 2018 6:25 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard or Charles Schwab account
Replies: 19
Views: 1586

Re: Vanguard or Charles Schwab account

My 2 cents -- Taxable account? Vanguard. Retirement account? Schwab. Interesting... I have tax advantaged accounts at Fidelity and Vanguard. Taxable at Schwab and TDAmeritrade If you plan to "do anything" with funds, I'd stick with Schwab. If I had to reduce where I kept money, I'd dump TDAmeritrad...
by Jack FFR1846
Fri Jun 15, 2018 6:12 am
Forum: Personal Consumer Issues
Topic: Bumper Repair
Replies: 9
Views: 520

Re: Bumper Repair

You want to be very careful with the heat. If you use a simple hair dryer, it's far safer. Heat can also be used in metal paintless dent removal.
by Jack FFR1846
Thu Jun 14, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: Cheap, fuel efficient 2nd car commuting?
Replies: 17
Views: 1395

Re: Cheap, fuel efficient 2nd car commuting?

Sell the truck and buy a Subaru Crosstrek. Great ground clearance with all wheel drive. Check on the trim levels....might be just on the limited that gets X mode with hill decent (like a Jeep). 30 mpg is easy to get combined (we get that with our 13 Crosstrek). So it'll get you through the trails an...
by Jack FFR1846
Thu Jun 14, 2018 2:40 pm
Forum: Personal Consumer Issues
Topic: Drive from Phoenix to San Diego
Replies: 39
Views: 2099

Re: Drive from Phoenix to San Diego

I was in Phoenix for training in April. It hit 100 degrees then. End of June? Probably 100 before breakfast. I mapquested your route and if driven non stop would be 11 hours 35 minutes. Phoenix to San Diego 7 hours, 43 minutes. Fly into San Diego and stay there....0 hours, 0 minutes. If the goal is ...
by Jack FFR1846
Thu Jun 14, 2018 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: I was rear ended and the other guy wants a payout!
Replies: 102
Views: 7790

Re: I was rear ended and the other guy wants a payout!

The distance from your parking spot to point of impact was what? The speed limit was what? From these 2 answers, it might be possible to prove the van driver at fault
by Jack FFR1846
Thu Jun 14, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Role of Annuity For Savers Who have 20+ years until Retirement
Replies: 32
Views: 2235

Re: Role of Annuity For Savers Who have 20+ years until Retirement

1) The annuity company buys Treasuries. 2) You get the return on Treasuries minus the fees. 3) All annuity salespeople lie all the time. 4) Nobody's getting any 8%. That's not even a lie....it's a damned lie. 5) If you're not yet 70, you shouldn't even be thinking about an annuity. 6) If you buy an ...
by Jack FFR1846
Thu Jun 14, 2018 9:53 am
Forum: Personal Consumer Issues
Topic: Non-alcoholic drinks for wedding
Replies: 79
Views: 3508

Re: Non-alcoholic drinks for wedding

Diet Coke all day long!

Or maybe diet Dr. Pepper.
by Jack FFR1846
Thu Jun 14, 2018 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio review
Replies: 7
Views: 745

Re: Portfolio review

As an example, I get an even better deal on ESPP and on the day the stock vests, it is immediately sold even though the company has been a rising star (not a new company, but well managed, conservative and making the right moves). I have zero interest in taking single stock risks. If this were my po...
by Jack FFR1846
Thu Jun 14, 2018 8:15 am
Forum: Personal Consumer Issues
Topic: Home Sellers - do you read Buyer inspection reports?
Replies: 22
Views: 1646

Re: Home Sellers - do you read Buyer inspection reports?

I've sold 2 houses. I've never been offered the opportunity to read the buyer's inspection report. As a buyer, not only did I read the report, I followed the inspector who gave me a narrative as he went through the house. "See the mark on the foundation...there's been water in here." "That bathroom ...
by Jack FFR1846
Thu Jun 14, 2018 8:11 am
Forum: Personal Consumer Issues
Topic: Should I fix the car or get rid of it?
Replies: 20
Views: 1620

Re: Should I fix the car or get rid of it?

This is normal for a N/A EJ25. The replacement gaskets will be multi layer steel (MLS) and will never go. Doing the timing belt (water pump, tensioner) will complete everything major for this car. Other things I'd expect to need to do: Possibly power steering pump. CV axles (or boots alone....there'...
by Jack FFR1846
Thu Jun 14, 2018 7:21 am
Forum: Investing - Theory, News & General
Topic: New JUST ETF - thoughts?
Replies: 12
Views: 629

Re: New JUST ETF - thoughts?

Unless you're buying IPO shares, you're not buying from the company....you're buying from previous shareholders. So that GranolaTreeVeganCageFree company you are buying could see your funds going to the likes of Joseph Stalin, Adolf Hitler and Sadam Husein who are going to use the money to promote t...
by Jack FFR1846
Thu Jun 14, 2018 7:18 am
Forum: Investing - Theory, News & General
Topic: Vanguard - You'll need to sign up for security codes soon
Replies: 41
Views: 5802

Re: Vanguard - You'll need to sign up for security codes soon

I'm not flagship with Vanguard and have resisted both added security and linking my bank. They tell me that my profile is 35% complete. This morning, to log in, I had to pee into my phone. :shock:
by Jack FFR1846
Thu Jun 14, 2018 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Preferred Services?
Replies: 19
Views: 1628

Re: Fidelity Preferred Services?

To answer: As a private client, I get 2 things. One, as mentioned, I get free turbo tax, which can be downloaded if you are clever (I am). The other is that when I ask my private client manager to not bother me, he doesn't bother me. The downside is that if I call, I'm immediately tagged as a privat...
by Jack FFR1846
Thu Jun 14, 2018 6:30 am
Forum: Personal Finance (Not Investing)
Topic: Timeshare ever worth it? Please share details
Replies: 118
Views: 9190

Re: Timeshare ever worth it? Please share details

My parents bought many weeks at Costa Linda in Aruba and either went to use the weeks or rented them out. This was a very unusual situation which I believe you can't know ahead of time where it was indeed a good value for them. Rental on one of their units was on the order of $5k for a week. The pla...
by Jack FFR1846
Wed Jun 13, 2018 7:42 pm
Forum: Personal Consumer Issues
Topic: Car Repair and Warranty
Replies: 11
Views: 792

Re: Car Repair and Warranty

All cars sold in the US are covered for cat converters for 8 years/80k miles, whichever comes first. https://www.ncconsumer.org/news-articles-eg/federal-extended-emissions-warranties-are-often-forgotten-or-overlooked.html If there is a rattle, the first thing I'd check are all the guards on the exha...
by Jack FFR1846
Wed Jun 13, 2018 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Preferred Services?
Replies: 19
Views: 1628

Re: Fidelity Preferred Services?

Asking google "what is fidelity preferred services?" gets me (I opened nothing) that it's $100k. At $250k you get premium services. I'm a Private Client which I think is over $1MM. There's likely something in between and above. Maybe caterpillar services and round robin services..... I do know that ...
by Jack FFR1846
Wed Jun 13, 2018 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Fund college tuition through 529 plan or Indexed Universal Life (IUL)
Replies: 32
Views: 1465

Re: Fund college tuition through 529 plan or Indexed Universal Life (IUL)

I came to Bogleheads about 5 years ago asking the same question after working with a "college financial planner". (is this person in Medway, MA by any chance?). I was at the brink and had already sold off $50k in US savings bonds, wife had the nurse evaluation and we had an appointment date to sign ...
by Jack FFR1846
Wed Jun 13, 2018 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Services
Replies: 45
Views: 3131

Re: Vanguard Advisor Services

I've only observed posters' descriptions here as PAS has evolved. My take is that at first, they would figure out what target date/life strategy fund meets your needs and put you in that. As time went by, and chances are that lots of investors saw this and decided that they didn't need to pay an ong...
by Jack FFR1846
Wed Jun 13, 2018 1:11 pm
Forum: Personal Consumer Issues
Topic: Subaru infotainment issues -can people chime in?
Replies: 26
Views: 1899

Re: Subaru infotainment issues -can people chime in?

Just a piece of information. If you're getting nowhere and your backup camera isn't working when you're backing up, report that to your dealer, to SOA and to the NHTSA. That was a problem with introduction units of the 2017 Impreza (new model that year). I was very eager to drive one of them and the...
by Jack FFR1846
Wed Jun 13, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Please advise re:Guggenheim intermediate bond fund class p SIUPX
Replies: 17
Views: 548

Re: Please advise re:Guggenheim intermediate bond fund class p SIUPX

What other bond funds are available in your 401k? Or to back up even farther, what other accounts do you have and what is in each? I think you might want to do a full profile like this: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 I also use Fidelity for my 401k and have looked over all...
by Jack FFR1846
Wed Jun 13, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Anyone with a paid off house drop homeowners insurance
Replies: 78
Views: 5380

Re: Anyone with a paid off house drop homeowners insurance

OP here. When I say insurance companies are out to make money, basically that means I don't trust them to pay. I feel like I am paying for something that I can't count on. A coworker has paid for what she thought was very good home owners insurance. She described it as very expensive "deluxe" homeo...
by Jack FFR1846
Wed Jun 13, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: Best Father's Day Gift You Ever Received (or wish you'd received)
Replies: 11
Views: 984

Re: Best Father's Day Gift You Ever Received (or wish you'd received)

Put me in the car. Drive me to the Harley dealer. Check me in to rent a Dyna or soft tail for the day.
by Jack FFR1846
Wed Jun 13, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: How to Calculate the Necessary Nest Egg?
Replies: 15
Views: 2020

Re: How to Calculate the Necessary Nest Egg?

You seem very conflicted on a lot of things. Some simplistic comments: FAFSA figures out how much above the poverty line you are. Anything above is put into calculations to figure out what your family should be able to afford for college. Anything you get is going to be loans anyways, so who cares w...
by Jack FFR1846
Wed Jun 13, 2018 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Need Investment Advice! Continue with Raymond James or Swap to Vanguard!
Replies: 18
Views: 1251

Re: Need Investment Advice! Continue with Raymond James or Swap to Vanguard!

The REITS are Blackstone Mortgage, Crossamerica Partners, Energy Transfer Partners, Enterprise Products, Fortress, Genesis Energy, Landmark Infrastructure, Two Harbors and Uniti Group. I'm not sure if they are non traded are maybe some of both traded and non traded. What a bunch of junk! Move her o...