Search found 8315 matches

by Jack FFR1846
Mon Jan 21, 2019 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Buy REIT or Rental Property
Replies: 5
Views: 186

Re: Buy REIT or Rental Property

Post your phone number. The rest of us will call you between 2am and 5am tomorrow morning. It'll give you practice for when your tenants have a complaint.

If you think I'm saying that because I'm a big REIT fan.... I own no REITs either.
by Jack FFR1846
Mon Jan 21, 2019 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: selecting investment firm
Replies: 12
Views: 421

Re: selecting investment firm

Flyer24 wrote:
Mon Jan 21, 2019 1:29 pm
Hmmm. Schwab is a usually in the top 4. Why would you leave?
And tops his ratings
by Jack FFR1846
Mon Jan 21, 2019 1:31 pm
Forum: Personal Consumer Issues
Topic: Is it ever worth purchasing an extended warranty for a vehicle?
Replies: 38
Views: 1014

Re: Is it ever worth purchasing an extended warranty for a vehicle?

Only directly from the manufacturer.

I can’t remember the brand.....either ford or subaru had a page that explained why to buy only a factory extended warranty. They said that from the 10 biggest warranty companies ten years ago, all were out of business
by Jack FFR1846
Mon Jan 21, 2019 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: What should be the minimum income to consider living in a HCOL?
Replies: 18
Views: 1268

Re: What should be the minimum income to consider living in a HCOL?

What it comes down to is where you can find a job with a comparable salary ratio'd to the new area you move to where you like the new area. Finding an area with lower tax will be easy (basically anywhere) but can you find a comparable job? Sounds like your wife is flexible since she hates her presen...
by Jack FFR1846
Mon Jan 21, 2019 10:51 am
Forum: Investing - Theory, News & General
Topic: Apple stock
Replies: 7
Views: 458

Re: Apple stock

Tim Cook is no Steve Jobs
by Jack FFR1846
Mon Jan 21, 2019 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Freedom 2030 Index Fund -or- Fidelity ZERO funds?
Replies: 1
Views: 124

Re: Fidelity Freedom 2030 Index Fund -or- Fidelity ZERO funds?

What's the rest of your portfolio look like? From a tax perspective in taxable, I'd think you'd be best looking at FZROX and calling it a day. The amount you're talking about isn't enough to go splitting up to try to contrive a 3 fund, in my opinion.
by Jack FFR1846
Mon Jan 21, 2019 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Rent vs Own Assumptions
Replies: 15
Views: 817

Re: Rent vs Own Assumptions

Utilities, heat, water?. Do you pay these now or are any included in the rent? Nobody but you pays those if you own a house. HOA fees. If you live in an HOA, the fees (to me) can be onerous. They are usually included in rent. Again, when you own, you get to pay them along with any fines the HOA impo...
by Jack FFR1846
Sun Jan 20, 2019 8:14 pm
Forum: Personal Consumer Issues
Topic: Paying thousands per ticket to attend the NFL Super Bowl?
Replies: 109
Views: 4351

Re: Paying thousands per ticket to attend the NFL Super Bowl?

It's on TV for free. Why would I pay to see it?

I wouldn't go to any game, however. A good friend has Patriots season tickets. I'd much rather watch games on TV.
by Jack FFR1846
Sun Jan 20, 2019 8:12 pm
Forum: Personal Consumer Issues
Topic: Where to buy CR2032 batteries?
Replies: 38
Views: 2203

Re: Where to buy CR2032 batteries?

I just bought some. Grocery story had singles and 4's but I needed 2. Staples was in the same plaza, so I went there. They had a 2 pack.....and 1's and 4's and 6's. I noticed CVS has them too. Subway doesn't. :happy
by Jack FFR1846
Sun Jan 20, 2019 4:09 pm
Forum: Personal Consumer Issues
Topic: Grocery shopping strategy
Replies: 92
Views: 4359

Re: Grocery shopping strategy

Market Basket when we happen to be nearby (none are close) and Stop & Shop otherwise, using coupons and paying attention for gas points.
by Jack FFR1846
Sun Jan 20, 2019 1:54 pm
Forum: Investing - Theory, News & General
Topic: Actionable information in order to invest in physical gold
Replies: 25
Views: 1211

Re: Actionable information in order to invest in physical gold

I like Apmex a lot and have bought from them (not coins or bullion, but jewelry). Study the offerings on Apmex. They are pretty transparent. Look at buy and sell prices. Look at bar prices vs coin prices and then specific mint or country vs others. Some hints to start you out. Both buying and sellin...
by Jack FFR1846
Sun Jan 20, 2019 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: My daughter's inheritance.
Replies: 75
Views: 9828

Re: Follow-up to: My daughter's inheritance

Given that you're asking about being able to manage it, I would recommend the following: For now, put everything in a single target date fund. Later, as it becomes more clear that investing in the entire market can easily be done with 3 funds, create a 3 fund and move to that. Or just leave it in th...
by Jack FFR1846
Sat Jan 19, 2019 8:20 am
Forum: Personal Consumer Issues
Topic: Ford F-series pickup with 4x4 and 4 doors?
Replies: 31
Views: 2030

Re: Ford F-series pickup with 4x4 and 4 doors?

What do you need for offroad performance? As an enthusiastic offroad Jeeper, I know what New England boulder gardens, ledge climbing and muddy, rock filled stream fording requires. 4 locked wheels with really good offroad tires, aired down, body and undercarriage protection and height to stay off th...
by Jack FFR1846
Fri Jan 18, 2019 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Investment advice - mixed thoughts
Replies: 33
Views: 2013

Re: Investment advice - mixed thoughts

Bonds damp the ups and downs of stocks. If you can live with 1000 point Dow drops without issue, you're fine with a 20 year time frame, in my humble opinion. Be very, very, very careful with Dave Ramsey. If you don't know why you shouldn't lease a new Aston Martin DB9 since you still have checks in ...
by Jack FFR1846
Fri Jan 18, 2019 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Should I dump our wealth planner/financial advisor?
Replies: 38
Views: 2958

Re: Should I dump our wealth planner/financial advisor?

Do you need trust advice? If so, would not a trust attorney be the person to go to? A really, really good one would charge you what? $500 an hour for a couple hours? Do you need tax advice? If so, would not a tax accountant or tax attorney be the best person to see? Cost might be less than the trust...
by Jack FFR1846
Fri Jan 18, 2019 2:41 pm
Forum: Personal Consumer Issues
Topic: Refurbished iPhones from Amazon
Replies: 22
Views: 1714

Re: Refurbished iPhones from Amazon

How about real B&M stores? I bought my iPhone 5s at Best Buy. Why? I wouldn't leave until it was 100% demonstrated to be working, hooked up with my carrier and able to call and go online. Something goes wrong.....I can walk in with the phone and let them take care of it. Getting a phone from randomf...
by Jack FFR1846
Fri Jan 18, 2019 2:19 pm
Forum: Investing - Theory, News & General
Topic: Ever heard of "Floating island" strategy?
Replies: 19
Views: 2430

Re: Ever heard of "Floating island" strategy?

It seems that the writers are gamers as floating islands appear to be used in online games and exist above the land in the sky. Sounds like the "Daze and Confuse" tactic that most financial planners use to confound their clients, so they can retain them since this stuff is far too difficult for mort...
by Jack FFR1846
Fri Jan 18, 2019 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: 529 Details
Replies: 28
Views: 1989

Re: 529 Details

Beyond the fact that there is no gift tax over $15k a year, anyone can pay someone's college bill without restriction and without reporting. Need to pay $75k at Harvard? Grandma can waltz in and pay it off and report nothing to the IRS as it's not required. (same for medical bills). What I do with 5...
by Jack FFR1846
Fri Jan 18, 2019 1:42 pm
Forum: Personal Consumer Issues
Topic: NJ EZ-Pass Why a monthly service fee?
Replies: 56
Views: 2616

Re: NJ EZ-Pass Why a monthly service fee?

Interesting on the east or west of the Hudson. For me, in MA, when entering the NY EZ Pass system, I first say I need NY transponders (saying MA bounces me up to the MA system). Then I fill in my MA address. It's been a while, so don't know if it's now changed. Still have 4 NY transponders in my soc...
by Jack FFR1846
Fri Jan 18, 2019 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Child Turning 18 in a few weeks
Replies: 17
Views: 1214

Re: Child Turning 18 in a few weeks

You will now need the 18 year old's permission to speak for her or to speak with her providers about her treatments from these providers. Everyone from pediatricians to psychologists will ask that she and you fill out and sign a form allowing this.
by Jack FFR1846
Fri Jan 18, 2019 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Differences in Investment Approach
Replies: 46
Views: 1566

Re: Differences in Investment Approach

3 fund or million fund slice and dice

REITs or not

Should I buy a $5000 5 year old beige Camry or a $200k Tesla?
by Jack FFR1846
Fri Jan 18, 2019 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Help with keeping my Portfolio/Investment strategy as SIMPLE as possible
Replies: 4
Views: 392

Re: Help with keeping my Portfolio/Investment strategy as SIMPLE as possible

Live below your means. If you're doing that, all else will follow. You're fine in the life strategy accounts. A next step would be to simply buy the separate funds at the % you want and then just leave them alone. Perhaps check them ONLY on your birthday. Put money into a taxable account in a life s...
by Jack FFR1846
Fri Jan 18, 2019 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Just retired, advice on bonds and real estate
Replies: 7
Views: 409

Re: Just retired, advice on bonds and real estate

My 50,000 foot view of your whole situation. If you like doing real estate stuff for fun, then play on. If you consider it a chore, hassle, work or limit on other things, you have way more than enough to do absolutely nothing but fly around the world and vacation for the rest of your life if you sim...
by Jack FFR1846
Fri Jan 18, 2019 9:44 am
Forum: Personal Consumer Issues
Topic: Is My Iphone Now a Brick?
Replies: 27
Views: 3045

Re: Is My Iphone Now a Brick?

Usell. Sell them your phone. Then buy an unlocked version of the exact same phone for your dad. It'll cost you very little for the difference. Heck.....buy a 4s or 5s. Personally, I think they're far better than newer phones. A 5s will run on ios 12 and runs google maps, which is the only app I have...
by Jack FFR1846
Fri Jan 18, 2019 9:17 am
Forum: Personal Finance (Not Investing)
Topic: How long until we see negative ER funds?
Replies: 44
Views: 3120

Re: How long until we see negative ER funds?

So much hyperbole........ I almost feel like I should sell some of my developed international at Vanguard to buy VTSAX to make my experiment a 3 horse race. Looking at my Fid account, FSKAX gained (0.78%) slightly more than FZROX (0.76%), pulling FSKAX slightly ahead of the zero fund yesterday. FSKA...
by Jack FFR1846
Fri Jan 18, 2019 8:58 am
Forum: Personal Consumer Issues
Topic: NJ EZ-Pass Why a monthly service fee?
Replies: 56
Views: 2616

Re: NJ EZ-Pass Why a monthly service fee?

I would highly recommend cancelling and just getting a NY EZ Pass......unless NJ gives you enough toll discounts to make it worthwhile to keep it. Back when EZ pass was brand new, my state, Massachusetts had a completely screwed up system. You had to pay a $24 deposit on the transponder, refundable ...
by Jack FFR1846
Thu Jan 17, 2019 4:04 pm
Forum: Personal Consumer Issues
Topic: Car Rental - Getting specific type of car
Replies: 19
Views: 1260

Re: Car Rental - Getting specific type of car

I think you're subject to the rental manager's motto of "book, don't look". You will hear stories of not only showing up with a reservation and not getting a 4x4, but showing up and the agency has NO cars. With Turo (I'm not a huge fan), at least you can specify the car you want. Chances are, you ca...
by Jack FFR1846
Thu Jan 17, 2019 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Paying extra on mortgage - what am I missing?
Replies: 57
Views: 4270

Re: Paying extra on mortgage - what am I missing?

Put the $100k towards the mortgage.

Take out a $100k no cost HELOC so you have the money in case you have to move. If you do move, you use the HELOC. If not, it costs you nothing.
by Jack FFR1846
Thu Jan 17, 2019 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: 57 yr old w/$14K
Replies: 24
Views: 3606

Re: 57 yr old w/$14K

Work in a "real" job that legally pays its employees and pays taxes for 10 years. Then he's right at FRA and acquires the social security safety net. Continue working to at least 70, then start taking social security. That's the downside of working under the table. You don't pay taxes all the time y...
by Jack FFR1846
Thu Jan 17, 2019 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Clearing the decks at age 60 and starting over
Replies: 20
Views: 4049

Re: Clearing the decks at age 60 and starting over

For the equity portion at Fidelity, if you want to use mutual funds instead of ETFs in your IRA at lower cost than those ETFs, consider FSKAX, total US market ER 0.015% or FZROX, zero total US market at 0%. Since the Zero fund was created in August, the 2 of these return nearly exactly the same. I s...
by Jack FFR1846
Thu Jan 17, 2019 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: How long until we see negative ER funds?
Replies: 44
Views: 3120

Re: How long until we see negative ER funds?

I don't agree with a lot that is opined in this (and some other) thread. I absolutely believe that Abigail would never allow a product of any kind to lose a dime. It has been claimed for a while that whoever is the lowest ER provider must be losing money and diverting people into high cost alternati...
by Jack FFR1846
Thu Jan 17, 2019 11:34 am
Forum: Personal Finance (Not Investing)
Topic: How long until we see negative ER funds?
Replies: 44
Views: 3120

Re: How long until we see negative ER funds?

Within a year. When looking for a bank to put our money, we're looking for better than 2%. If I'm investing in a mutual fund, someone is holding my money and putting it to some use beyond just buying the fund or stock behind it. I want my money and I want it now. :P There is no reason we won't see n...
by Jack FFR1846
Thu Jan 17, 2019 11:32 am
Forum: Personal Consumer Issues
Topic: Gas station prices and quality
Replies: 96
Views: 8989

Re: Gas station prices and quality

Location, location, location. That's what drives prices. 15 miles west of me is the 2nd largest city in New England. Gas stations there are regularly 40 cents a gallon cheaper than next to my office. Doesn't matter if it's Shell, Mobile, Patterson, Sunoco, Irving, Joes Gas.......it's completely loca...
by Jack FFR1846
Thu Jan 17, 2019 9:35 am
Forum: Investing - Help with Personal Investments
Topic: Good idea? Rent out current home after paid off
Replies: 20
Views: 986

Re: Good idea? Rent out current home after paid off

Having rented my house when I went away for grad school for 2 years, I always point out the down side. If you go through with this plan, and pay the extra for rental, non-owner occupied homeowner insurance, let's say the tenant trashes the house, stops paying rent and forces you to evict them, which...
by Jack FFR1846
Thu Jan 17, 2019 8:56 am
Forum: Personal Finance (Not Investing)
Topic: [Wash sale concern - Are these stocks substantially identical?]
Replies: 49
Views: 1675

Re: [Wash sale concern - Are these stocks substantially identical?]

Unless you're making millions of dollars on the transaction, I would expect that the IRS is going to ignore anything not flagged by your brokerage as a wash. Sell VTI and buy iTOT? No wash. Sell SCHX and buy FSAIX (both S&P 500), no wash. I expect they're only going to care if you sell VTI, then buy...
by Jack FFR1846
Thu Jan 17, 2019 8:50 am
Forum: Personal Consumer Issues
Topic: Car reviews - Consumer Reports or other sources?
Replies: 41
Views: 3159

Re: Car reviews - Consumer Reports or other sources?

Gear head here. CR does a good job reviewing vehicles, and comparing company A to company B products. So for the reviews themselves they are quite good. My issues are with their reliability evaluations and predictions. E.g., for years they rated the mini very highly. It is a vehicle plagues with pr...
by Jack FFR1846
Thu Jan 17, 2019 7:32 am
Forum: Investing - Help with Personal Investments
Topic: Emergency funds in CD's
Replies: 11
Views: 1146

Re: Emergency funds in CD's

A ladder works. Pay attention to the penalty for early withdrawal.

What is it about the 3 fund that you don't buy in to? It would be difficult to name a fund that's not already part of it.
by Jack FFR1846
Thu Jan 17, 2019 7:19 am
Forum: Investing - Theory, News & General
Topic: Single Income Family Max All Tax-Advantaged Space
Replies: 13
Views: 997

Re: Single Income Family Max All Tax-Advantaged Space

Employer does not allow non-tax-deferred 401k contributions.
No HSA.

Otherwise, max everything.
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: 27
Views: 1718

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: 58
Views: 3111

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: 74
Views: 23695

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: 221
Views: 15850

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: 634

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: 25
Views: 3048

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: 2108

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: 892

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: 875

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: 22
Views: 1626

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: 646

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: 95
Views: 7384

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.