Search found 7729 matches

by Jack FFR1846
Mon Oct 15, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: When to stop putting money into an older vehicle
Replies: 51
Views: 2892

Re: When to stop putting money into an older vehicle

I'd agree with fire5soon but do understand that some people don't have a place to do car repairs. At the very least, I'd recommend going someplace where they don't have a service manager. You've already overpaid for services. When you replace the ignition on an 03 Honda, why did you need to replace ...
by Jack FFR1846
Mon Oct 15, 2018 6:12 am
Forum: Personal Finance (Not Investing)
Topic: Buy car cash or take low rate loan
Replies: 33
Views: 1702

Re: Buy car cash or take low rate loan

Just a heads up if you post here that you are buying anything more expensive than a mule pulling a covered wagon you will get at least one response telling you how indulgent you are being and that an uncovered wagon would meet your needs just fine. As for paying cash or financing, I'd pay cash. if ...
by Jack FFR1846
Sat Oct 13, 2018 7:38 pm
Forum: Personal Consumer Issues
Topic: Drop in MPG (09 Civic)
Replies: 24
Views: 1287

Re: Drop in MPG (09 Civic)

Hard to diagnose. Most recently for me this was a stuck rear caliper. You've gotten quite a bit of good advice in previous posts. I'm reminded of a previous 'Car Guys' episode where a young lady called in about her dad requiring her to log the amount of gas she bought and the mileage in a book in t...
by Jack FFR1846
Sat Oct 13, 2018 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 70
Views: 5227

Re: Weigh in on our Marital Argument =)-- HCOL edition

Stay for another couple years to vest pension and revisit the question. Tell anyone who wants to visit that THEY will need to arrange a hotel and THEY will need to pay for it.

Perhaps expand both husband's and your search for a job in a low cost place.
by Jack FFR1846
Sat Oct 13, 2018 5:52 am
Forum: Personal Consumer Issues
Topic: What would you do with some bulk silver?
Replies: 40
Views: 2118

Re: What would you do with some bulk silver?

I have heard that APMEX will give a quote on the phone, but then when they receive the metal will call you with some excuse about how it’s damaged and they can’t give you as much, and you can either pay for postage to get it back or take the reduced amount. Even the slightly reduced rate will still...
by Jack FFR1846
Fri Oct 12, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing?
Replies: 103
Views: 9306

Re: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing

she was working 70-80 hours a week I’m always curious about how people manage to work this much on a week in, week out basis. Was that 5, 15 hour days so that she at least had weekends to recoup? Or more like 6, 12 hour days? I’d imagine 7, 10 hour days would be hard to keep up for long. 80 hours i...
by Jack FFR1846
Fri Oct 12, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: Does Fidelity offer the best index products for a passive investor compared to Vanguard
Replies: 45
Views: 3705

Re: Does Fidelity offer the best index products for a passive investor compared to Vanguard

What indexes do you want is the question that you'd need to answer first. If you plan to slice and dice like you're Merriman, then Vanguard is your place to go. If you're looking for a 3 fund in order to own the market then either do the job. Part of the cost cutting that allows Fidelity to offer ze...
by Jack FFR1846
Fri Oct 12, 2018 10:33 am
Forum: Personal Consumer Issues
Topic: TV recommendation for my father
Replies: 47
Views: 1637

Re: TV recommendation for my father

If your Best Buy still sells TVs (not all do anymore), Look at Insignia. It's Best Buy's house brand and the easiest to bargain way down. My son used to work at BB and was able to go in any store, punch in his employee code and see the employee price. Where an LG might be discounted 15% for him, the...
by Jack FFR1846
Fri Oct 12, 2018 9:04 am
Forum: Personal Consumer Issues
Topic: Filing a Lemon Law Claim on Vehicle
Replies: 8
Views: 672

Re: Filing a Lemon Law Claim on Vehicle

CULater, if it were me, I'd just keep driving the car. Service it when the minder comes on. If the engine seizes from gasoline lubricated main bearings, that's on them and at that point, they would have to fix it under warranty as you have plenty of documentation from the dealer saying there isn't a...
by Jack FFR1846
Fri Oct 12, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Should we rent a car or take our low mileage 2006 Volvo on a family trip?
Replies: 49
Views: 3060

Re: Should we rent a car or take our low mileage 2006 Volvo on a family trip?

Take your Volvo. When I was doing calculations for my car expenses at work, I did an extensive spreadsheet with everything I could think of. The expenses broke down to just about 1/3 each of gas, insurance and depreciation. If you rent a car, you're still paying insurance and depreciation by time is...
by Jack FFR1846
Thu Oct 11, 2018 2:22 pm
Forum: Personal Consumer Issues
Topic: What would you do with some bulk silver?
Replies: 40
Views: 2118

Re: What would you do with some bulk silver?

I've sold junk silver to a local bullion and coin dealer and to a guy I found on craigslist. I looked into selling to Apmex but was too concerned about sending $1000 worth of coins in the mail. If you do decide you want to sell to Apmex, you need to sell them a minimum of $1000 worth. If you tell th...
by Jack FFR1846
Thu Oct 11, 2018 12:49 pm
Forum: Personal Consumer Issues
Topic: Downtown Condo Living w/ Kids
Replies: 15
Views: 1709

Re: Downtown Condo Living w/ Kids

What are the schools like where you are and in the city? In my state, many city schools are rated by how many stabbings they have per week (ok, exaggeration) while suburbs are rated by the percentage of students going to Ivys because they get 100% graduation and people going to college.
by Jack FFR1846
Thu Oct 11, 2018 12:19 pm
Forum: Personal Consumer Issues
Topic: Filing a Lemon Law Claim on Vehicle
Replies: 8
Views: 672

Re: Filing a Lemon Law Claim on Vehicle

Every state is different. Have you read your state's lemon law? Does your car meet the criteria? Do you have to first go through arbitration? For what would you use the lawyer? How much would you sue for? At $400 an hour, it might make sense for maybe a Lamborghini Aventador, but for a Honda?
by Jack FFR1846
Thu Oct 11, 2018 10:28 am
Forum: Investing - Help with Personal Investments
Topic: Which market should I go for, to profit most from the correction?
Replies: 35
Views: 2989

Re: Which market should I go for, to profit most from the correction?

WWJBD (what would Jack Bogle do?)

Don't do something....just stand there.
by Jack FFR1846
Thu Oct 11, 2018 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage vs. Cash
Replies: 28
Views: 2109

Re: Mortgage vs. Cash

Try to find someone, anyone who regrets paying off their mortgage. I'm glad every day and it was more than 15 years ago. If it were me, I'd pay in cash. You have to decide if you want to borrow money to invest it, because that's what you're doing. Do you invest with money borrowed on margin? Why not...
by Jack FFR1846
Thu Oct 11, 2018 7:29 am
Forum: Personal Consumer Issues
Topic: Mazda 3 w/ Snow tire or Subaru AWD with All Season Tire
Replies: 56
Views: 3286

Re: Mazda 3 w/ Snow tire or Subaru AWD with All Season Tire

I own a Mazda 3 with snow tires. I live at the top of a steep hill and get an average of over 120 inches of snow per season. I feel perfectly safe in the car. I don't think an AWD help a lot with traction in deep snow. I invite you to my house when we get 8 inches of New England snow. I guaranty yo...
by Jack FFR1846
Thu Oct 11, 2018 7:21 am
Forum: Investing - Help with Personal Investments
Topic: Newbie [How do I move everything to Vanguard in-kind?]
Replies: 6
Views: 460

Re: Newbie [How do I move everything to Vanguard in-kind?]

If you have a lot of different stocks, you may want to consider either selling where you are currently or transferring them to a low cost broker like Schwab or with enough to get free trades to Fidelity or Merrill Edge. Vanguard charges $19.95 to sell each stock, which is, of course expensive in the...
by Jack FFR1846
Wed Oct 10, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: Subaru: Crosstrek or Outback?
Replies: 81
Views: 5633

Re: Subaru: Crosstrek or Outback?

Don't they spec 0-weight oil in this thing now? No surprise that it uses a bit of oil. The Crosstrek has always used 0W 20, or as I call it.....water. I believe all Subarus use this. Everyone has gone to light oil. My Wrangler uses 5W 20. On the size comments.....the Outback is not huge compared to...
by Jack FFR1846
Wed Oct 10, 2018 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Contribution Help!
Replies: 2
Views: 185

Re: Roth IRA Contribution Help!

From January 1 to April 15, you have the option to choose a year. I know that with Fidelity, the page you would open specifically shows tax year 2018 and tax year 2019 and shows for each what you have contributed (within Fidelity) and what you can contribute, assuming you have no other Roths.
by Jack FFR1846
Wed Oct 10, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: Timber as an alternative - didn't work so well...
Replies: 19
Views: 2715

Re: Timber as an alternative - didn't work so well...

I directly own timber as I harvest hardwoods for firewood on my own property. There's a state program that I am in where the land is taxed at 10% of assessed value (other property in the state is 100% assessment). I mainly use the wood as a supplemental heating source. In the past, I have asked our ...
by Jack FFR1846
Wed Oct 10, 2018 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition
Replies: 127
Views: 8515

Re: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition

As my dad, who was second generation in the family tax preparation business used to tell me: "It's allowed until you're audited". I had all kinds of sideways schemes I had heard of and would run them by him. When he'd answer like this, I knew to stay away from the scheme. My favorite was a rep I dea...
by Jack FFR1846
Wed Oct 10, 2018 12:42 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7350
Views: 1542888

Re: Stocks tumbling?

It's clearly because of a disturbance of the variable reluctance in the recent turbo encabulator. Which causes a need to maintain a vorden hold until one receives photomagnus clearance from Melnix. :twisted: :D See: "Turbo Encabulator" the Original - YouTube Spoiler alert: For those who need an exp...
by Jack FFR1846
Wed Oct 10, 2018 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: anybody sell I Bonds to buy something else?
Replies: 33
Views: 2620

Re: anybody sell I Bonds to buy something else?

Back in the olden days, when one could buy $30k per person per year online with a credit card for no fee and they could be redeemed in 6 months, I'd regularly sell them to pay for the new ones I bought to get airline miles to upgrade the entire family to first class going to Aruba. I've also sold to...
by Jack FFR1846
Wed Oct 10, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: Millennials & Money Data
Replies: 25
Views: 3016

Re: Millennials & Money Data

Not everyone is like "us". I was talking with a coworker last week about our bonus being zero'd but the 401k match staying in place and he mentioned that he only contributes to get the full match (4% contribution to get 2% max match). He's upper 40's. Meanwhile, I do the full $24,500 and if am able ...
by Jack FFR1846
Wed Oct 10, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Annuities
Replies: 12
Views: 990

Re: Annuities

edvest wrote:
Wed Oct 10, 2018 6:56 am
My question, do you think a 62 year old man should consider annuities?
No
by Jack FFR1846
Wed Oct 10, 2018 9:58 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7350
Views: 1542888

Re: Stocks tumbling?

It's clearly because of a disturbance of the variable reluctance in the recent turbo encabulator.
by Jack FFR1846
Wed Oct 10, 2018 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Five Fund Portfolio Percentage Allocation Recommendations
Replies: 5
Views: 474

Re: Five Fund Portfolio Percentage Allocation Recommendations

How much money are we talking? I have my *Jack* rule (me, not Mr. Bogle) that under $100k, just put it all in equities, so SCHB.
by Jack FFR1846
Wed Oct 10, 2018 8:37 am
Forum: Personal Finance (Not Investing)
Topic: CIT 1.55% Premier High Yield vs 1.75 % Money market
Replies: 22
Views: 3192

Re: CIT 1.55% Premier High Yield vs 1.75 % Money market

I find that if *anyone* becomes the new high rate house, Redneck Bank follows suit. But it can take a month for them to make the change. $50k max. I have both Redneck and CIT accounts. CIT has been getting the "over $50k" deposits. I'll have to go check their savings account now. **just went in and ...
by Jack FFR1846
Wed Oct 10, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Salary Negotiations: Guaranteed Money or Potential
Replies: 8
Views: 942

Re: Salary Negotiations: Guaranteed Money or Potential

I ALWAYS take the guaranteed higher base. ALWAYS. Why? Bonus plans change with business climate, whims of upper executives and the color of the CEO's new Bentley. Case in point. My company just made a totally stupid move and bought a company without doing proper investigation into the company's busi...
by Jack FFR1846
Wed Oct 10, 2018 8:05 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs others
Replies: 27
Views: 1761

Re: Vanguard vs others

Vanguard is DEC (Digital Equipment Corp). DEC overwhelmed the computing industry by making smaller, cheaper, better computer systems than the incumbents (primarily IBM). They did this for years and became the second biggest computer company on the planet. They dabbled with desktops and decided that ...
by Jack FFR1846
Wed Oct 10, 2018 7:55 am
Forum: Personal Consumer Issues
Topic: Neighbors tree branch growing too close to my house
Replies: 48
Views: 3753

Re: Neighbors tree branch growing too close to my house

I believe everywhere someone has the right to trim off branches that extend over onto their property. You do not need the neighbor's agreement, but hopefully things do not get to the point where this becomes an issue. Just a warning: If your pruning efforts kill the neighbor's tree, there may be li...
by Jack FFR1846
Wed Oct 10, 2018 7:41 am
Forum: Personal Finance (Not Investing)
Topic: College loan advice?
Replies: 37
Views: 2462

Re: College loan advice?

I disagree that the student having a loan in their name only is not skin in the game. Why? That was me, although not only loans but paying my way 100%. I always had in mind that if I didn't pass a class, not only would I have to take it again, but I'd have to pay for it again. I got mostly A's. In m...
by Jack FFR1846
Wed Oct 10, 2018 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Private Client Group: New Advisor
Replies: 17
Views: 1582

Re: Fidelity Private Client Group: New Advisor

For probably 10 years, my PCG manager changed about every other month. The only thing I got from these guys was an introductory phone call and during that, I pretty much told them "never call me ever". I've most recently had the same guy for probably 6 or 7 years. I have a new guy who I only know be...
by Jack FFR1846
Wed Oct 10, 2018 6:34 am
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 185
Views: 9795

Re: Talk me out of buying a Tesla Model 3

I've got one for you. Jeep Track Hawk. Over 700 hp from the Hellcat engine. Plenty of room for the mountain bike. Check out Doug DeMuro's review.
by Jack FFR1846
Tue Oct 09, 2018 9:13 pm
Forum: Investing - Theory, News & General
Topic: Kid already in 9th grade, too late to start 529?
Replies: 14
Views: 1644

Re: Kid already in 9th grade, too late to start 529?

Too late? No. I started my first 529 last year as it was the first year that my state offered any tax break. My son is a college senior. I've used some of my savings bonds and taken advantage of this to eliminate tax on the gains.
by Jack FFR1846
Tue Oct 09, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to down shift?
Replies: 10
Views: 1804

Re: Ready to down shift?

I'm not going to draw any conclusions, but want to point out some things. $520k in a brokerage account as emergency fund. What is this invested in? If it's in equities, I'd be scared. If it's all T bills or some kind of bond fund, then ok. 529's: I would expect the 17 year old has already chosen a c...
by Jack FFR1846
Tue Oct 09, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: College loan advice?
Replies: 37
Views: 2462

Re: College loan advice?

@stealthrabit: Besides Stafford, what loans can a student get WITHOUT a cosigner in any state? I ask because we have looked at banks, credit unions and a number of student loan providers and found none. Ours used Stafford (which was adequate for their needs) They also had some availability of State...
by Jack FFR1846
Tue Oct 09, 2018 1:14 pm
Forum: Personal Consumer Issues
Topic: Mazda 3 w/ Snow tire or Subaru AWD with All Season Tire
Replies: 56
Views: 3286

Re: Mazda 3 w/ Snow tire or Subaru AWD with All Season Tire

Of course a Subaru with 4 snow tires will have more grip than either of the other choices in snow. My story: I have a steep driveway where the hill starts immediately after going around an oak tree, so no run up. After a business trip, I was unable to get up the driveway with my Mazda 6 on 4 top rat...
by Jack FFR1846
Tue Oct 09, 2018 11:47 am
Forum: Personal Consumer Issues
Topic: Neighbors tree branch growing too close to my house
Replies: 48
Views: 3753

Re: Neighbors tree branch growing too close to my house

Ask your neighbor if you can have the tree professionally pruned. I see no reason for a signed contract or blood oath.

One of my trees was a problem for my neighbor and he asked me if he could have it taken down. I said sure and he had it taken down. The end.
by Jack FFR1846
Tue Oct 09, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: College loan advice?
Replies: 37
Views: 2462

Re: College loan advice?

@stealthrabit: Besides Stafford, what loans can a student get WITHOUT a cosigner in any state? I ask because we have looked at banks, credit unions and a number of student loan providers and found none.
by Jack FFR1846
Tue Oct 09, 2018 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity or Vanguard
Replies: 18
Views: 1661

Re: Fidelity or Vanguard

I've got accounts at Fidelity, Vanguard, Schwab and TDAmeritrade. I have not had enough reason to jettison any of these. The FutureAdvisor portion Is distributed amongst about 12 or 13 funds, but all seem to have fairly low expense ratios. So you have 9 or 10 too many funds, in my opinion. With Fide...
by Jack FFR1846
Tue Oct 09, 2018 8:17 am
Forum: Personal Finance (Not Investing)
Topic: College loan advice?
Replies: 37
Views: 2462

Re: College loan advice?

Stafford loans.

$5500 first 2 years.
then $6500
then $7500
by Jack FFR1846
Tue Oct 09, 2018 8:07 am
Forum: Personal Consumer Issues
Topic: Refinace house but how?
Replies: 26
Views: 1599

Re: Refinace house but how?

Small chunks. Decide what you need first. Basement refinish or bathroom. Look at steps that need to be done and leave anything you want to tackle as homeowner task with your contractor. Off the top of my head, paint. I would think you and/or your wife could paint. This saves more than you'd think. I...
by Jack FFR1846
Mon Oct 08, 2018 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Formula for when to buy in bulk
Replies: 41
Views: 3082

Re: Formula for when to buy in bulk

You can go nuts with this. The VP of sales at a company I worked for had twins. He went to the low cost supermarket and talked to the manager and bought enough diapers for the twins for as long as they would need them and took them in a single purchase. Saved more than anyone ever could with sales a...
by Jack FFR1846
Mon Oct 08, 2018 1:57 pm
Forum: Investing - Theory, News & General
Topic: Market decline in 2019 ?
Replies: 73
Views: 6363

Re: Market decline in 2019 ?

I have it on good authority that most people believe the market is going to go up or down tomorrow. The ones who don't believe that think it's going to stay the same.
by Jack FFR1846
Mon Oct 08, 2018 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 185
Views: 9795

Re: Talk me out of buying a Tesla Model 3

As much as I'm an anti-fan of Tesla.....comparisons saying a Leaf is a reasonable substitute for a Tesla anything is just silly. A comparison of that comparison in ICE cars is that a Corolla is 40% the car that a GT-3RS is. No......just no. It's zero percent.
by Jack FFR1846
Mon Oct 08, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 185
Views: 9795

Re: Talk me out of buying a Tesla Model 3

How long would you plan to keep it? If you're out of warranty, would you be ok with the occasional $10k service because the drive unit bearings have toasted themselves (see a Rich Rebuilds Youtube video. Tesla replaces the entire drive unit (motor) while Rich got some better bearings and replaced ju...
by Jack FFR1846
Mon Oct 08, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: FAFSA questions
Replies: 29
Views: 2099

Re: FAFSA questions

I omitted anything not easily traceable, such as spare change and paper EE savings bonds. Savings bonds are assets. I would have loved to have omitted the $350k I have in paper bonds, but did not want to take the chance. I make too much money anyways, so it would have been perhaps an answer of lowe...
by Jack FFR1846
Mon Oct 08, 2018 8:34 am
Forum: Investing - Theory, News & General
Topic: Biggest bubble in the history of mankind(?) Is it time to sell?
Replies: 40
Views: 3762

Re: Biggest bubble in the history of mankind(?) Is it time to sell?

Ron Paul? I'm surprised there's not a voiceover saying "Ancient Alien Theorists Say Yes".
by Jack FFR1846
Mon Oct 08, 2018 8:18 am
Forum: Personal Consumer Issues
Topic: Just purchased the new 2018 Jeep Wrangler
Replies: 30
Views: 3548

Re: Just purchased the new 2018 Jeep Wrangler

Just did my 5th offroad event with the local Jeep club (I was moved off the wait list to become a member). Fun event with people who are amazingly helpful. Getting through a trail that appears impossible is very fulfilling. I also drove a new Sahara Unlimited with a manual just for fun with my older...