Search found 8277 matches

by Jack FFR1846
Wed Jan 16, 2019 3:54 pm
Forum: Personal Consumer Issues
Topic: How to set android phone to send phone solicitors directly to voice mail.
Replies: 12
Views: 742

Re: How to set android phone to send phone solicitors directly to voice mail.

I turn on, do not disturb. Then under allow exceptions, I allow calls from my contact list. Done. Now just calls from people I know come through. :D Of course if someone's calling from a pay phone or using someone else's phone it would be blocked also. So there is a downside. Hope that helps. Pay p...
by Jack FFR1846
Wed Jan 16, 2019 3:35 pm
Forum: Personal Consumer Issues
Topic: Any admission pointers from pre- med/ med students?
Replies: 20
Views: 957

Re: Any admission pointers from pre- med/ med students?

One of my son's friend is currently working while applying to med schools. Hearing what he's going through, some of the questions he needs to answer on the med school applications have hit him. Get applications now and look at what they ask. In my son's friend's case, he's done no volunteering. Just...
by Jack FFR1846
Wed Jan 16, 2019 3:26 pm
Forum: Personal Consumer Issues
Topic: Anyone with experience with Carmax?
Replies: 61
Views: 22208

Re: Anyone with experience with Carmax?

They will change their prices, but that is based on time on the lot, not negotiations. Whether a car is a good deal at Car Max or very highly priced depends on the car and likely, what they paid for it. I tend to look very, very far in the future and have been looking at Jeep Wrangler Unlimited Rubi...
by Jack FFR1846
Wed Jan 16, 2019 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 133
Views: 6741

Re: Why are your NOT buying rental properties?

ThatGuy wrote:
Wed Jan 16, 2019 3:14 pm
tomtoms wrote:
Wed Jan 16, 2019 2:28 pm
Why are your NOT buying rental properties?
I make enough at my first job to not need a second job.
^ This

Been there, done it, not interested. Vanguard never calls me to tell me that someone clogged the toilet and now the hardwood floor is all curling up because it happened back in June.
by Jack FFR1846
Wed Jan 16, 2019 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: stuck forever in alternative funds after tax loss harvesting?
Replies: 12
Views: 595

Re: stuck forever in alternative funds after tax loss harvesting?

DualCitizen wrote:
Wed Jan 16, 2019 2:02 pm
But now I can't sell SCHB/SCHF because it would result in short-term gains which would be taxed.
So what? Sell them. Buy the funds you prefer. Pay the tax in a year.
by Jack FFR1846
Wed Jan 16, 2019 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Ever encountered a toxic advisor? How did you handle it?
Replies: 16
Views: 1653

Re: Ever encountered a toxic advisor? How did you handle it?

I see a financial advisor as often as I volunteer to be water boarded. Between the 2, the water boarding would probably do me more good and hurt me less.
by Jack FFR1846
Wed Jan 16, 2019 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a 50k car? If so, whats the best way to do it?
Replies: 48
Views: 1989

Re: Can I afford a 50k car? If so, whats the best way to do it?

$50k? :shock: I guess I should let my Ex brother in law know that it's time to sell his 67 Chevelle SS 396 that has been sitting in his garage in a little plastic bubble since the late 70's with the engine out and a small block to drop in while the big block gets rebuilt. Maybe he'll get the 396 reb...
by Jack FFR1846
Wed Jan 16, 2019 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Question about co-signing mortgage beyond just mortgage liability
Replies: 13
Views: 758

Re: Question about co-signing mortgage beyond just mortgage liability

An outdoor oil tank leaks and contaminates the soil for years (or already has been). The feds come in and clean up the site. It cost $3M. Your mom will get the bill.
by Jack FFR1846
Wed Jan 16, 2019 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Help me decide how to be paid (bonus structure)
Replies: 9
Views: 830

Re: Help me decide how to be paid (bonus structure)

Not a doc, but in an industry and job that is very bonus focused. I always, always, always try to get as much base, even at the expense of bonus, always. Bonuses are the first thing to go when business tanks. Happened in the 08 downturn, happened last year when my company didn't look into a business...
by Jack FFR1846
Wed Jan 16, 2019 9:20 am
Forum: Personal Consumer Issues
Topic: Using carry-on for traveling locally?
Replies: 13
Views: 861

Re: Using carry-on for traveling locally?

Shallowpockets wrote:
Wed Jan 16, 2019 8:41 am
Is this really such a question in your mind that you have to seek help on an Internet forum?
^ this
by Jack FFR1846
Wed Jan 16, 2019 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Invest for larger expenses?
Replies: 12
Views: 614

Re: Invest for larger expenses?

I'm another iBond buyer, but now only the $5k allowed in paper bonds from my Federal refund. I don't do TD e bonds after a nightmare of a redemption issue 10 years ago. 2 $50 bonds took at least 8 hours on the phone. Paper bonds take 2 minutes at my credit union and the money is available to withdra...
by Jack FFR1846
Wed Jan 16, 2019 7:31 am
Forum: Investing - Theory, News & General
Topic: When would you stop being a Boglehead?
Replies: 65
Views: 3990

Re: When would you stop being a Boglehead?

Even if I had $100B, I'd still be able to use auto pay for my bills. Managing investments? Come on. Seriously? I've got the low cost investments set up. I could simply not rebalance and I'd be fine. None of this is rocket science.
by Jack FFR1846
Wed Jan 16, 2019 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Best way to use inheretence to fund GC education
Replies: 12
Views: 730

Re: Best way to use inheretence to fund GC education

Consider keeping the money in your own taxable brokerage account. When each GC is at college, sell funds and send a bank check to the college to be credited to the GC's account.
by Jack FFR1846
Tue Jan 15, 2019 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: A co-worker makes more than me
Replies: 77
Views: 6361

Re: A co-worker makes more than me

Some people negotiate far better than others. In an interview for one position, pushed very hard for a higher base salary. The hiring manager said "That would put you in the top 10% of all people in the position you would join". I was offered the job, plus a $10k signing bonus not previously mention...
by Jack FFR1846
Tue Jan 15, 2019 5:25 pm
Forum: Personal Consumer Issues
Topic: School staff threatened to call social worker
Replies: 54
Views: 2692

Re: School staff threatened to call social worker

We have the same heavy handed tactics with our public schools. They make it seem like missing 10 days of kindergarten is as if the kid will miss out on defending his dissertation in front of Harvard, MIT and Stanford engineering department chairs. Give me a break. Missing juice break and one parent'...
by Jack FFR1846
Tue Jan 15, 2019 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to help my wife buy a new car (gift tax implications?)
Replies: 15
Views: 1920

Re: Best way to help my wife buy a new car (gift tax implications?)

Beyond the question of gift tax (which is zero), how much will she make and how much will the car be? I'd think getting a $22k Corolla for a $60k job should be absolutely fine. A $90k Range Rover for a $22k job, not so much. I see no reason why you can't title the car in your name. Especially if yo...
by Jack FFR1846
Tue Jan 15, 2019 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Will the sale of funds in a taxable account effect MAGI
Replies: 3
Views: 295

Re: Will the sale of funds in a taxable account effect MAGI

The answer to your question is yes. It will add to MAGI if there's cap gain. How much, see the last poster. If you can't afford any increase to MAGI, then don't sell any appreciated securities in taxable. You also have to worry about dividends as they also add to MAGI.
by Jack FFR1846
Tue Jan 15, 2019 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement accounts maxed out, what to do with extra cash?
Replies: 32
Views: 2000

Re: Retirement accounts maxed out, what to do with extra cash?

Paying off debt is a great way to kick the decision can down the road. So put dollars into the mortgage as you think about it some more. By the time you figure out what you want to do with the extra money, you'll have more excess extra money. I don't know......get on the list for a new Porsche 911 G...
by Jack FFR1846
Tue Jan 15, 2019 1:51 pm
Forum: Personal Consumer Issues
Topic: Any good reason to get a smartwatch?
Replies: 73
Views: 2299

Re: Any good reason to get a smartwatch?

My opinion is that Alexa and verbal commanded devices are stupid. Why? Friends of ours have Alexa and when we visit, they'll shout in the middle of a conversation "ALEXA - PLAY BLINK 182", to which Alexa will respond "I did not understand". This will go on 4 times, then finally, Alexa will play Pink...
by Jack FFR1846
Tue Jan 15, 2019 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Sanity Check
Replies: 8
Views: 568

Re: Rebalancing Sanity Check

It's typically thought that anything less than 5% invested in anything will make zero difference. I see lots of your investments at less than 5%. I would recommend you sell them and put the money elsewhere. Except for tax advantaged accounts where the entire balance is less than 5%. In that case, ha...
by Jack FFR1846
Tue Jan 15, 2019 1:41 pm
Forum: Personal Consumer Issues
Topic: Message from United Consumer Financial Services (UCFS). A Scam?
Replies: 10
Views: 711

Re: Message from United Consumer Financial Services (UCFS). A Scam?

Do you have automatic payments set up with whoever is financing the windows? If so, ignore this. I have auto payments on everything, including well over a dozen credit cards that I don't use. I get messages almost every day saying that a payment is due soon or that a payment was just processed. I de...
by Jack FFR1846
Tue Jan 15, 2019 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Non-English speaking elderly care options
Replies: 12
Views: 679

Re: Non-English speaking elderly care options

Are there cheaper solutions in Bulgaria that would work?
by Jack FFR1846
Tue Jan 15, 2019 11:46 am
Forum: Personal Consumer Issues
Topic: In the market for a new dryer
Replies: 19
Views: 1153

Re: In the market for a new dryer

Consumer reports. Remember that many brands (Kenmore, for example) are rebranded something else. We have Kenmore washer/dryer that are LG. Last Kenmores were GE. Use a card like Citi double cash and register your purchases. These things go on sale so often that you're almost guaranteed to get money ...
by Jack FFR1846
Tue Jan 15, 2019 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Oops Over Roth IRA Income Limit - Maybe...
Replies: 10
Views: 501

Re: Oops Over Roth IRA Income Limit - Maybe...

I can't say how tax software handles this, but I ran into the same issue last year. I have my taxes prepared and received explicit instructions on the amount I could contribute towards the Roth for me and for my wife. We forwarded those to the 2 brokers (Fidelity and Schwab) and had "withdrawal of e...
by Jack FFR1846
Tue Jan 15, 2019 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Please Point me Where to Look For an Advisor for My Mother:
Replies: 14
Views: 936

Re: Please Point me Where to Look For an Advisor for My Mother:

3 CDs at 3 different banks. At least she won't get fleeced. At 3%, that's $22.5k a year. I understand that many people think they can put $100k into some magical account and get $50k a year for life, but if the above number works, then it's the safe way to go.
by Jack FFR1846
Tue Jan 15, 2019 8:51 am
Forum: Personal Consumer Issues
Topic: Funniest movies of all time? Name five of your favorites...
Replies: 220
Views: 31151

Re: Funniest movies of all time? Name five of your favorites...

Monty Python and the Holy Grail
Caddyshack
Animal House
Blues Brothers
Porkys
by Jack FFR1846
Tue Jan 15, 2019 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Best way to help my wife buy a new car (gift tax implications?)
Replies: 15
Views: 1920

Re: Best way to help my wife buy a new car (gift tax implications?)

Beyond the question of gift tax (which is zero), how much will she make and how much will the car be? I'd think getting a $22k Corolla for a $60k job should be absolutely fine. A $90k Range Rover for a $22k job, not so much. I see no reason why you can't title the car in your name. Especially if you...
by Jack FFR1846
Mon Jan 14, 2019 4:02 pm
Forum: Personal Consumer Issues
Topic: Credit score dropped dramatically, while credit has been frozen
Replies: 28
Views: 1489

Re: Credit score dropped dramatically, while credit has been frozen

Run credit karma. I find it's pretty useful in tracking down why a score moved.
by Jack FFR1846
Mon Jan 14, 2019 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Scammed into Cash Value Life insurance, now what?
Replies: 5
Views: 874

Re: Scammed into Cash Value Life insurance, now what?

I don't see your asset allocation as conservative. I'm 2 years younger and at 50/50. How about a target date fund at Vanguard and you won't have to ever even look at it?
by Jack FFR1846
Mon Jan 14, 2019 1:23 pm
Forum: Personal Consumer Issues
Topic: 2019 Camry vs RAV4
Replies: 20
Views: 1659

Re: 2019 Camry vs RAV4

stimulacra wrote:
Mon Jan 14, 2019 12:40 pm
How often would you be moving large items?
Key question there.

Home Depot will rent you a truck for 45 minutes for $19 or they'll deliver to your house.
by Jack FFR1846
Mon Jan 14, 2019 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Planning to transfer assets from Vanguard to Fidelity, any bonus
Replies: 10
Views: 1239

Re: Planning to transfer assets from Vanguard to Fidelity, any bonus

I don't think Fidelity has any bonus right now. They seem focused on their lower ER roll out. I have both Schwab and Fidelity and would say that walk in handling was equal. Only dealt with the greeting person for transfer questions and identity verification or to add me as authorized on my wife's ac...
by Jack FFR1846
Mon Jan 14, 2019 10:05 am
Forum: Investing - Theory, News & General
Topic: Medallion Signature guarantee?
Replies: 46
Views: 4327

Re: Medallion Signature guarantee?

I'm a bit confused over what Treasury Direct has ever needed a MSG for. I've sold paper bonds periodically since the mid 90's and never needed anything but a driver's license to the bank/credit union. I've sold literally hundreds of thousands of dollars of bonds....i and EE. Almost all were paper, h...
by Jack FFR1846
Mon Jan 14, 2019 9:11 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation of the 0.1%
Replies: 31
Views: 4246

Re: Asset Allocation of the 0.1%

I'd be curious if any of these family office strategies beat a simple 60% VTSAX, 40% VBMFX portfolio. I've seen some of the college endowments fail miserably against these many years.
by Jack FFR1846
Mon Jan 14, 2019 8:10 am
Forum: Personal Consumer Issues
Topic: Taking expensive DSLR on kayak?
Replies: 41
Views: 2020

Re: Taking expensive DSLR on kayak?

In a quarter century of track driving in various racecars, I've never had a car catch on fire. Yet I wear a fire suit.

Saying you've been kayaking for 25 years and never tipped over is meaningless. Assume you and your camera are going overboard. Now have a plan where that works out well for you.
by Jack FFR1846
Sun Jan 13, 2019 1:22 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on the role of Gold in your portfolio?
Replies: 74
Views: 4094

Re: Any thoughts on the role of Gold in your portfolio?

Gold is just a commodity. If a national catastrophe occurs, my cans of peaches will keep my family fed. Show up at my door with a pound of gold and you're going to get a couple shots of 12 gauge in the face. I hedge with coal. Once the country's infrastructure goes away and we have no gas, oil, ele...
by Jack FFR1846
Sun Jan 13, 2019 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Zero Funds
Replies: 33
Views: 1912

Re: Fidelity Zero Funds

As mentioned in the other threads, I split my US Stock position at Fidelity on August 6th, I believe the 2nd day that the zero funds were available. Here's where they stand as of close Friday:

FSKAX: $308,224.29
FZROX: $308,295.85
by Jack FFR1846
Sun Jan 13, 2019 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Dropping collision insurance on auto policy for older car?
Replies: 25
Views: 2102

Re: Dropping collision insurance on auto policy for older car?

Give it to daughter and buy yourself a new car. Keep it. When the daughter crashes the van, tell her she's no longer allowed to drive until she buys her own car and insures it on her own.
by Jack FFR1846
Sun Jan 13, 2019 8:22 am
Forum: Investing - Theory, News & General
Topic: Any thoughts on the role of Gold in your portfolio?
Replies: 74
Views: 4094

Re: Any thoughts on the role of Gold in your portfolio?

Gold is just a commodity. If a national catastrophe occurs, my cans of peaches will keep my family fed. Show up at my door with a pound of gold and you're going to get a couple shots of 12 gauge in the face. I hedge with coal. Once the country's infrastructure goes away and we have no gas, oil, elec...
by Jack FFR1846
Sat Jan 12, 2019 8:33 am
Forum: Personal Consumer Issues
Topic: How to buy business class tickets?
Replies: 35
Views: 3858

Re: How to buy business class tickets?

Look online at the airline's site and map out the flights you want to take. If plenty of seats are available on all flights, buy coach, then upgrade them using points. I've done this many times and it's been the only way I've been able to book 4 seats for my family together using points. Trying to b...
by Jack FFR1846
Fri Jan 11, 2019 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Question During Job Interview
Replies: 17
Views: 2264

Re: Salary Question During Job Interview

It really would do the hiring company a great service to at least put a range on the table. Years ago, I flew from Boston to San Jose to meet with and interview for a new job. Not until I came back home and received an offer did I find out what they would pay. The salesman who represented the compan...
by Jack FFR1846
Fri Jan 11, 2019 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Geico auto - used parts??
Replies: 24
Views: 1122

Re: Geico auto - used parts??

Sure, used parts from junkyards are very often used in body repairs for any car over 1 year old. Your policy specifically tells you this. I doubt your agent made up numbers. He likely went to the companies he represents to reprice your policies should a change be made. Splitting off a policy elimina...
by Jack FFR1846
Fri Jan 11, 2019 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3669

Re: Company relocating and not interested - next steps ?

#1: Talk with the wife about this. Everything you said here and more. Her input is very important and you shouldn't be making a decision without her.

Try to write down plusses and minuses along with concerns.
by Jack FFR1846
Fri Jan 11, 2019 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Car / Umbrella and teen driver (California)
Replies: 14
Views: 620

Re: Car / Umbrella and teen driver (California)

As the OP stated, non-California answers may not apply, except maybe the company. As much as I wish Liberty Mutual were a good company, they're not. Go read reviews. And they give that discount to every alumni, every car brand owner (I get letters from Subaru every year) every organization under the...
by Jack FFR1846
Fri Jan 11, 2019 10:40 am
Forum: Personal Consumer Issues
Topic: Who's flying?
Replies: 51
Views: 5767

Re: Who's flying?

This is a good question for the road warriors who are in airports every day. The news outlets have been talking about the many TSA employees who are part time with other jobs. The question of the day yesterday was "Which job do you go to? The one who is paying you or the one that isn't?". I'd sure g...
by Jack FFR1846
Fri Jan 11, 2019 10:07 am
Forum: Investing - Help with Personal Investments
Topic: When you exceed the Roth Income Limits - Options?
Replies: 5
Views: 716

Re: When you exceed the Roth Income Limits - Options?

This happened to me last year. We received the numbers that we could contribute to each Roth and provided them to Fidelity and Schwab (where each of our $6500 Roths were funded). With each, we submitted "withdrawal of excess contribution" forms and spoke with both providers on the phone. Some weeks ...
by Jack FFR1846
Fri Jan 11, 2019 7:38 am
Forum: Investing - Help with Personal Investments
Topic: American Funds (No Loads) vs Vanguard Index Funds
Replies: 30
Views: 2133

Re: American Funds (No Loads) vs Vanguard Index Funds

EJ advisors do not manage your portfolio. The mother ship decides what needs to sell and that's what you get. If the advisor does anything different, they're jepardizing their job. Don't be fooled into thinking that your advisor is anything other than a clerk to do what the mother ship tells them to...
by Jack FFR1846
Thu Jan 10, 2019 7:59 pm
Forum: Personal Consumer Issues
Topic: Newspapers / News Subscriptions
Replies: 19
Views: 633

Re: Newspapers / News Subscriptions

NASIOC OT

Always the first for any breaking news.
by Jack FFR1846
Thu Jan 10, 2019 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Phaseout?
Replies: 7
Views: 745

Re: Roth IRA Phaseout?

Would this have a wrench thrown in if the OP has.....say a million dollars in a tIRA? That was our case for 2017 and we hit the phase out range and did a withdrawal of excess contributions with the help of Fidelity and Schwab and our tax preparers. For 2018, I made no Roth contributions and won't un...
by Jack FFR1846
Thu Jan 10, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Unlimited 2% Cash back
Replies: 38
Views: 2368

Re: Fidelity Unlimited 2% Cash back

It's $150 free dollars. Get the card. Get the bonus by doing the spend. Put the money into a Fidelity account when it all makes its way in your account and then sock drawer the card. If your credit is really that young and you're looking to buy a house or a car or something soon, when your money is ...
by Jack FFR1846
Thu Jan 10, 2019 2:21 pm
Forum: Personal Consumer Issues
Topic: Best place to sell stuff?
Replies: 21
Views: 1590

Re: Best place to sell stuff?

For books, just do a google search for book buyers. There are a ton. You key in the isbn number and they give you a price they'll pay. All will have a minimum to buy (usually $15) and for a good book, expect to get $1. Current text books can bring real money. Anything eBay, expect to be scammed out ...