Search found 7739 matches

by Jack FFR1846
Tue Oct 16, 2018 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Exceeding Income Limit for Roth IRA Mid-Year?
Replies: 4
Views: 256

Re: Exceeding Income Limit for Roth IRA Mid-Year?

You can withdraw excess contributions. Contact whoever you have the Roth with and they'll have a form to fill out. DW and I were in the phase out last year and did this before the April tax deadline. This year, I'm making it easy on myself and waiting to contribute. An alternative is to have them re...
by Jack FFR1846
Tue Oct 16, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: Personal Adventure - recommendations
Replies: 39
Views: 1321

Re: Personal Adventure - recommendations

Buy a wrangler and join an offroad club. Go on club "runs". Fun, less physically demanding than lots of activities and something new with ever present challenges. I just started doing this a few months ago and have been having a great time
by Jack FFR1846
Tue Oct 16, 2018 10:29 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 569
Views: 83822

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

I'm curious. Has anyone seen thermostat changes to raise the opening temp, say 10 degrees F as a way to increase operating temperature, and maybe evaporate more gas through the PCV? This came to mind, seeing that a theory on what's going on is that the engine isn't coming up high enough in temp.
by Jack FFR1846
Tue Oct 16, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Sell & Buy New Home Now vs. Next Spring
Replies: 25
Views: 966

Re: Sell & Buy New Home Now vs. Next Spring

In general, mortgage payments for a particular house is going to be the same now as it will be in the spring. Why? Because buyers are driven by payment, so sales get soft when rates rise. Prices then drop to bring the mortgage payment back where it was.
by Jack FFR1846
Tue Oct 16, 2018 9:42 am
Forum: Personal Consumer Issues
Topic: Corporate politics/culture
Replies: 24
Views: 1966

Re: Corporate politics/culture

I worked for one particular MegaTechCorp where the executive VP of sales rotated in/out on about an 18 month basis. Every one of them seemed to feel that they needed to make a major change to show how great they were. I'm attached to sales so saw the result of their ego driven stupidity. One VP says...
by Jack FFR1846
Tue Oct 16, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Job Offer – bonus details provided after acceptance
Replies: 26
Views: 1710

Re: Job Offer – bonus details provided after acceptance

Sounds like they manipulate the bonuses based on how much money they have to spend on people in the position you would take. So if one guy hits it out of the park and warrants all of the available bonus money, the boss' boss makes up numbers, shuffles accounts before the end of the bonus earning per...
by Jack FFR1846
Tue Oct 16, 2018 6:18 am
Forum: Personal Consumer Issues
Topic: 1950s home. Replace drywall and insulation or repair it
Replies: 19
Views: 1636

Re: 1950s home. Replace drywall and insulation or repair it

Contact Mass Save for a free energy audit. They'll assess where you should spend money to get the best payback. We had this done in our first home in Eastern Mass which was built in 1963 with no insulation anywhere in the house. The report prioritizes the best places for my dollar to improve heat re...
by Jack FFR1846
Mon Oct 15, 2018 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 368
Views: 32799

Re: free dinner investing seminar

Now I draw the line for myself at signing up for the one hour conference. That doesn't feel right for me. But if I was going in with a open mind and am undecided if this was right for me I would feel no compunction there I don't feel bad about BOGO or free coupons either. What if they offer the 1 h...
by Jack FFR1846
Mon Oct 15, 2018 1:48 pm
Forum: Personal Consumer Issues
Topic: Buyers commission on a condo purchase
Replies: 15
Views: 1068

Re: Buyers commission on a condo purchase

Don't forgo for sale by owner houses. Out of the 3 houses we've bought, 2 were fsbo. Our lawyer handled closings on those.
by Jack FFR1846
Mon Oct 15, 2018 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Girlfriend lost job, getting a lump sum severance... What should we do next
Replies: 36
Views: 2999

Re: Girlfriend lost job, getting a lump sum severance... What should we do next

What about your place. If you're in an apartment, is your lease up earlier? If so, move to her apartment. Or are there other considerations? Otherwise, look into subletting. On wedding costs....recent studies indicate the the length of a marriage is inversely proportional to the cost of the wedding/...
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: 88
Views: 5668

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: 1799

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: 1312

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: 5320

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: 41
Views: 2397

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: 9516

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: 61
Views: 5079

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: 1663

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: 689

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: 3105

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: 41
Views: 2397

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: 1728

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: 689

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: 3012

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: 2148

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: 3352

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: 468

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: 5676

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: 190

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: 2760

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: 8541

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: 7364
Views: 1546330

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: 2654

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: 3069

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: 1008

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: 7364
Views: 1546330

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: 481

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: 3200

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: 954

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: 1809

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: 3803

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: 2511

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: 1612

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: 10027

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: 1662

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: 1819

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: 2511

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: 3352

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: 3803

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: 2511

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.