Search found 7139 matches

by Jack FFR1846
Mon Jul 16, 2018 12:53 pm
Forum: Personal Consumer Issues
Topic: kayaking!
Replies: 17
Views: 1320

Re: kayaking!

I've got a couple of perceptions. From memory, a 16 foot and an 18 foot. They're very stable and pretty forgiving. We use them on a lake. I do find that if I'm in the middle of the lake with a good wind, they are nearly impossible to keep cross wind (the wind steers you to where it wants you to go)....
by Jack FFR1846
Mon Jul 16, 2018 12:21 pm
Forum: Personal Consumer Issues
Topic: TripAdvisor "Points" & "Levels" ?
Replies: 7
Views: 433

Re: TripAdvisor "Points" & "Levels" ?

So this is the same incentive that teenagers have to add every pedophile on facebook.....to have as many "friends" as possible?
by Jack FFR1846
Mon Jul 16, 2018 12:17 pm
Forum: Personal Consumer Issues
Topic: Heart Rate Monitors Fitbit vs. Garmin
Replies: 15
Views: 663

Re: HR Monitors Fitbit vs. Garmin

Earl Lemongrab wrote:
Mon Jul 16, 2018 11:07 am
To me, "HR" means "Human Resources". So the thought that they were monitoring your Fitbit seemed a tad intrusive.
I thought exactly the same thing and was thinking "keep away from fitbits and GPS devices".
by Jack FFR1846
Mon Jul 16, 2018 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Home Equity Loan: anyone have experience?
Replies: 6
Views: 363

Re: Home Equity Loan: anyone have experience?

I don't know what the reason for the OP's HOL is, but I can tell you about our HELOC. No fees or costs whatsoever. We received a check book and use it whenever we want, then make payments per schedule. This is through our credit union. I actually forget how long it goes, but it's been open for 22 ye...
by Jack FFR1846
Mon Jul 16, 2018 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Investing in oil?
Replies: 12
Views: 566

Re: Investing in oil?

Do you plan to store the 100 barrels in your garage? 8-) This is called speculation and is a sure way to throw away your money. Buy some more index funds. They likely contain companies who professionally store oil in their own garages. I hear the CEO is paid based on how many barrels he can store in...
by Jack FFR1846
Mon Jul 16, 2018 10:07 am
Forum: Personal Consumer Issues
Topic: Tesla Insurance Question and how to get out of the deposit
Replies: 11
Views: 1020

Re: Tesla Insurance Question and how to get out of the deposit

There absolutely IS a way to exclude people on a car. You and the excluded person both have to sign a form to exclude the driver from the car. Each excluded person has to fill out a separate form. I've done this many times because.....who wants a 17 year old on a policy for a Lotus? Here's the clear...
by Jack FFR1846
Mon Jul 16, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Are Credit Cards Actually Convenient?
Replies: 61
Views: 2999

Re: Are Credit Cards Actually Convenient?

I remember an incident where I had a new card and was putting money into the Target prepaid Amex (Redbird). This was a manufactured spending play, but in any case, I found that if I attempted to put in a round number ($100, $200), it would decline, shut down and flag for fraud. But if instead, I put...
by Jack FFR1846
Mon Jul 16, 2018 9:29 am
Forum: Personal Consumer Issues
Topic: Have you ever purchased a pricy musical instrument?
Replies: 35
Views: 1156

Re: Have you ever purchased a pricy musical instrument?

When I picked guitar playing up again, I started with a nice, used acoustic, then an electric to go along with my old '69 Guild. As I played more, got in a band, I bought better instruments, usually selling the lower level ones. As most were craigslist buys, I could actually make a little money on e...
by Jack FFR1846
Mon Jul 16, 2018 9:02 am
Forum: Investing - Theory, News & General
Topic: Is rebalancing an advantage when holding a 3 fund portfolio instead of 2 or 1 fund portfolio?
Replies: 17
Views: 679

Re: Is rebalancing an advantage when holding a 3 fund portfolio instead of 2 or 1 fund portfolio?

Asset allocation isn't based on "feels" and isn't based on market conditions. A logical way to determine AA is to figure out how many years you've got until retirement and then set up your AA to give you equity to capture gain over those years, bonds to level out the variations and international to ...
by Jack FFR1846
Mon Jul 16, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Advice for young colleague please
Replies: 15
Views: 934

Re: Advice for young colleague please

When you say that her employer contributes 5% to her 401k, is this whether she contributes or not? If she would have to contribute to get this, then she should contribute to the match (5%, I assume) to get the 100% gain, which trumps any debt payment.
by Jack FFR1846
Sun Jul 15, 2018 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone not have a Budget?
Replies: 66
Views: 3260

Re: Anyone not have a Budget?

No budget ever.

My wife and I both paid our own way through college and once out and working, continued to live like students for years. We lived so far below our means, we didn't really need to budget. It was more of a matter of "what do we do with all this extra money?".
by Jack FFR1846
Sun Jul 15, 2018 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Are Credit Cards Actually Convenient?
Replies: 61
Views: 2999

Re: Are Credit Cards Actually Convenient?

Credit card companies figure out your normal pattern of spending. If you're doing nothing but buying at the local Wal Mart, the new spending could trigger a potential fraud alert. My advice to avoid this.....use the credit card for absolutely everything. For gas and restaurants and grocery store and...
by Jack FFR1846
Sun Jul 15, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: How often do you buy a primary residence?
Replies: 43
Views: 3167

Re: How often do you buy a primary residence?

In my region, super traditional sell the best. New houses are built to look 200 years old and actual 200 year old houses that are updated inside bring even more. Moving because a house is out of style is the silliest thing I've heard in a long time. We bought our first house just out of college. Bou...
by Jack FFR1846
Fri Jul 13, 2018 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Project - Where to park cashback rewards to accumulate and grow?
Replies: 13
Views: 991

Re: Project - Where to park cashback rewards to accumulate and grow?

I don't understand why you haven't used this cash back all along to either pay off your statement balance or transfer it into your bank account and use it for regular payments. When I have cash available, it gets put to use. Transferred 13 cents from my cap one account today into my checking account.
by Jack FFR1846
Fri Jul 13, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Logging out 20 acre lot?
Replies: 37
Views: 2430

Re: Logging out 20 acre lot?

I'm not suggesting leasing to a hunter. I'm suggesting selling to a hunter. A hunter will give you the highest price if it's not valuable for development, but decent wildlife habitat. There are real estate brokers that specialize in marketing hunting properties. https://www.whitetailproperties.com/...
by Jack FFR1846
Fri Jul 13, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Logging out 20 acre lot?
Replies: 37
Views: 2430

Re: Logging out 20 acre lot?

I'm not suggesting leasing to a hunter. I'm suggesting selling to a hunter. A hunter will give you the highest price if it's not valuable for development, but decent wildlife habitat. There are real estate brokers that specialize in marketing hunting properties. https://www.whitetailproperties.com/...
by Jack FFR1846
Fri Jul 13, 2018 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Logging out 20 acre lot?
Replies: 37
Views: 2430

Re: Logging out 20 acre lot?

I forest manage my own property for firewood production. First, easy, free step is to call lumber mills local to the property and ask in general what they're paying. For a local place, you could likely tell them where the property is and they're going to have enough info to give you a ball park answ...
by Jack FFR1846
Fri Jul 13, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: Do insurance agents add value? How?
Replies: 24
Views: 1405

Re: Do insurance agents add value? How?

If you expect a call from an agent when a bill is due, perhaps have that conversation with your agent. I know with my insurance (through an Independent Agent), I have the choice with every policy to pay in any of 3 ways: 1) In full annually. (agent would not be involved in monitoring) 2) By payment ...
by Jack FFR1846
Fri Jul 13, 2018 12:21 pm
Forum: Investing - Theory, News & General
Topic: ESPP Purchase/Sale Specifics
Replies: 6
Views: 275

Re: ESPP Purchase/Sale Specifics

Etrade has a future elections page. You can select immediate sale or with hold shares for taxes. Both of these will immediately sell the shares upon vest at the earliest possible time. They'll then take about 4 business days to settle and at that point, you can transfer the money to your own bank ac...
by Jack FFR1846
Fri Jul 13, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: One Fund During Retirement?
Replies: 10
Views: 776

Re: One Fund During Retirement?

"Managing" a 3 fund in retirement is no harder than having a single fund and collecting dividends. When you need some money, sell some of the 3 fund. Cash the check. Enter the amounts on your excel spread sheet which calculates your new AA. If something has too much, next time you sell some, sell wh...
by Jack FFR1846
Fri Jul 13, 2018 8:41 am
Forum: Personal Consumer Issues
Topic: 2011 Honda was with 6 differential flushes?
Replies: 13
Views: 1095

Re: 2011 Honda was with 6 differential flushes?

There may be a completely separate maintenance manual. It's been a while since I owned a new Honda.
by Jack FFR1846
Fri Jul 13, 2018 8:34 am
Forum: Personal Consumer Issues
Topic: 2011 Honda was with 6 differential flushes?
Replies: 13
Views: 1095

Re: 2011 Honda was with 6 differential flushes?

Where did the vehicle reside? I know a guy who worked in Manhattan and brought his car in every work day to get his oil changed. Why? It was cheaper than what parking cost. So you can assume that the rear diff is in great shape. The previous owner was taken advantage of, yes, but keeping fresh fluid...
by Jack FFR1846
Fri Jul 13, 2018 7:46 am
Forum: Personal Consumer Issues
Topic: Someone is using my cellphone number
Replies: 21
Views: 2748

Re: Someone is using my cellphone number

As I see it, you're now notified when someone who mis-typed in their phone number buys something at Best Buy. As mentioned, block the number and move on.
by Jack FFR1846
Fri Jul 13, 2018 7:44 am
Forum: Personal Consumer Issues
Topic: Buying Used Honda/Toyota -- How old is too old?
Replies: 16
Views: 1131

Re: Buying Used Honda/Toyota -- How old is too old?

Why a CRV? At $13k, you're squarely in brand new Ford Focus range when incentives are high and easily in 1-2 year old Focus range. Manual, of course. There are the really small cars....Mirage, Fiesta, etc that can be easily found new in your budget without even negotiating. To directly answer your q...
by Jack FFR1846
Thu Jul 12, 2018 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: stock trading fee at fidelity and vanguard
Replies: 11
Views: 1088

Re: stock trading fee at fidelity and vanguard

Schwab also has $4.95 stock trade fees.
by Jack FFR1846
Thu Jul 12, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: What's your *real* asset allocation?
Replies: 30
Views: 2962

Re: What's your *real* asset allocation?

I include all invested assets including savings bonds. My allocation target and real are very close to the same. Within a percent or 2, moving with markets.

The house? No. That's where I live. It isn't a retirement investment.
by Jack FFR1846
Thu Jul 12, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: New construction: financing fell through, builder won't return deposit/earnest $
Replies: 37
Views: 3301

Re: New construction: financing fell through, builder won't return deposit/earnest $

Sell the house. If it's not selling, it's because you've priced it too high. Price it appropriately and it's going to sell. Then get your house built. I don't see where the builder owes you a dime back. Ok, you may wish to return to the home someday. Well, I'd like to buy a Lamborghini Aventador. If...
by Jack FFR1846
Thu Jul 12, 2018 12:27 pm
Forum: Personal Consumer Issues
Topic: Auto Tariffs: time to buy?
Replies: 63
Views: 3558

Re: Auto Tariffs: time to buy?

Before pointing at a washing machine, realize that prices on these things move all over all the time. My son used to work at Best Buy, where these things are sold. Prices on every single item in the store are changed every single day. So the $500 washing machine 2 months ago that's $700 today could ...
by Jack FFR1846
Thu Jul 12, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: Suit Alterations - chain vs local tailor
Replies: 16
Views: 1113

Re: Suit Alterations - chain vs local tailor

Call your local tailor and ask his cost. He will know what's needed for your suit as it's standard issue. I've done both and found no difference in result or cost. I found that my local tailor also was very good with information. He told me which suits are good for easily tailoring and which were no...
by Jack FFR1846
Thu Jul 12, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Which degree to pursue?
Replies: 16
Views: 1142

Re: Which degree to pursue?

Six Sigma and other related process improvement programs have been around for years, but I think the interest level comes in waves. My former MegaCorp employer had a whole group of people dedicated to the program, rolling out related activities and projects to manufacturing sites globally, and trai...
by Jack FFR1846
Thu Jul 12, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: Auto Tariffs: time to buy?
Replies: 63
Views: 3558

Re: Auto Tariffs: time to buy?

Interesting quote from the article: For a given 20 people employed by the U.S. auto industry, about four work directly at automakers. About seven work at suppliers, but the biggest chunk — roughly nine — work at new-car dealerships. This tells me that the biggest block of US workers (9/20) work for ...
by Jack FFR1846
Thu Jul 12, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: Which degree to pursue?
Replies: 16
Views: 1142

Re: Which degree to pursue?

Optimizing processes?

Six sigma courses. The 1 week course I took focused on this. I had taken a 2 week course years ago and it had a somewhat different focus.
by Jack FFR1846
Thu Jul 12, 2018 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Dividing investments across Fidelity/Vanguard
Replies: 7
Views: 730

Re: Dividing investments across Fidelity/Vanguard

If it were me, I'd buy all 3 funds in the IRA and only total stock in taxable (which is actually what I do).

Any rebalancing is done within the IRA. If the taxable account gets too big, reconsider.
by Jack FFR1846
Thu Jul 12, 2018 8:27 am
Forum: Personal Consumer Issues
Topic: Is expensive olive oil worth it?
Replies: 55
Views: 4643

Re: Is expensive olive oil worth it?

What tastes better to you? To me, I absolutely hate the stronger taste of expensive olive oils. I use it for everything from the omlet I make every single morning to the single dressing for salad. I only buy the absolute cheapest, lightest oil I can find. That's my taste. Doesn't mean you don't like...
by Jack FFR1846
Thu Jul 12, 2018 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Preparing non-technocrat spouse $ Mgmt
Replies: 25
Views: 2096

Re: Preparing non-technocrat spouse $ Mgmt

My instructions list where all investments are.

The instructions say to take RMDs from any IRA and also take RMDs from any 401k.

Beyond that, take money from any account you feel like taking it from. Let all investments ride where they are.
by Jack FFR1846
Thu Jul 12, 2018 7:41 am
Forum: Personal Consumer Issues
Topic: Trade War: time for Mac Upgrade?
Replies: 34
Views: 2834

Re: Trade War: time for Mac Upgrade?

Have you considered a less expensive option? A windows laptop instead of something from Apple? My observations have been that you can choose between an equivalent machine for 1/3 the price or by spending the same money as an Apple product, you can get a raging, gaming machine capable of running NASA...
by Jack FFR1846
Thu Jul 12, 2018 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Cash out 401K
Replies: 15
Views: 1792

Re: Cash out 401K

RickBoglehead wrote:
Thu Jul 12, 2018 7:05 am
401k assets can be rolled into IRA and then sold, and put into CDs, zero taxes.
That's a MUCH better action. Cashing out a 401k will cost you tax money. Simply changing how your 401k.....or a rolled into IRA is invested gives you the same investments without the tax due.
by Jack FFR1846
Wed Jul 11, 2018 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Credit score after becoming debt free?
Replies: 44
Views: 2842

Re: Credit score after becoming debt free?

I have credit score analysis every month from my credit union. As my mortgage has been paid off for many years, and I have no other loans, my monthly score always says "no installment loan" under things hurting my credit score.
by Jack FFR1846
Wed Jul 11, 2018 4:31 pm
Forum: Personal Consumer Issues
Topic: Starbucks Chase Visa cards
Replies: 5
Views: 464

Re: Starbucks Chase Visa cards

Freefun wrote:
Wed Jul 11, 2018 4:26 pm
Why so negative, friends? Wouldn't you want a free latte rather than a free hotel night at Le Meridien Tahiti ???
Get a lawyer named Jackie and you too can have all the free lattes you want for life.

(Seinfeld reference)
by Jack FFR1846
Wed Jul 11, 2018 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Home equity loan for a business quandary
Replies: 30
Views: 1125

Re: Home equity loan for a business quandary

This is a big issue. My first task in determining what to do would be to honestly answer one question if any action is taken.

What could possibly go wrong? (a Jeremy Clarkson accent is acceptable)

Unfortunately, the answer is: He stops making payments.

I say to just stay out of it.
by Jack FFR1846
Wed Jul 11, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of tax professional to look for?
Replies: 14
Views: 800

Re: What kind of tax professional to look for?

There are multiple places you could turn. A tax attorney will likely cover all the bases. Maybe one visit will be enough. Bring all of your information and be organized (you don't want to be paying $300 an hour while you search your folder of random information). My mom (she's 82) recently visited h...
by Jack FFR1846
Wed Jul 11, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need Commercial Auto Insurance for a Business vehicle?
Replies: 14
Views: 758

Re: Do I need Commercial Auto Insurance for a Business vehicle?

What I always do when I have an insurance question is call my independent agent. They explain to me the answer and all relevant facts surrounding the question. If you buy insurance from a captive company who may have (literally) high school students manning the phones, perhaps it's time to consider ...
by Jack FFR1846
Wed Jul 11, 2018 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Whole Life - We're doing it. What to look for?
Replies: 128
Views: 7391

Re: Whole Life - We're doing it. What to look for?

In short: OP saves a ton. Insured person is already insured. Insurance company said "Hey, I know you don't need a new F-150 Lariat with electric dog polisher and radial ply floor mats but if you put down payments, we won't require medical". OP is considering buying the not-needed thing because, well...
by Jack FFR1846
Wed Jul 11, 2018 8:37 am
Forum: Investing - Theory, News & General
Topic: $860 Million ETF Trade
Replies: 16
Views: 2022

Re: $860 Million ETF Trade

With that much, why not just redeem for shares of the companies and save all the basis points? That's an awful lot of work to save 3/4 bps $500k..... My first thought was that they had high bias in SPY and wanted to tax loss harvest. I don't know enough to know if this is done at an institutional l...
by Jack FFR1846
Wed Jul 11, 2018 8:06 am
Forum: Personal Consumer Issues
Topic: Tool cabinets?
Replies: 32
Views: 2035

Re: Tool cabinets?

I'd take a step back and think about what you need and where you need it. I'll start by saying that I probably have every tool known to man in my garage including a 220V stand up compressor bolted to the floor and a 4 post lift. The vast majority of work I do on things is in the garage. Tools I use ...
by Jack FFR1846
Wed Jul 11, 2018 6:40 am
Forum: Investing - Theory, News & General
Topic: Disappointed with Fidelity's Online Interface
Replies: 19
Views: 1493

Re: Disappointed with Fidelity's Online Interface

I have accounts with Fidelity, Schwab, TDAmeritrade and Vanguard. The websites all suck. Depending on what you're trying to do, see, list, it's always a complicated series of choices, sometimes not logical or intuitive. I'm on all 4 sites almost daily so have learned how to navigate. Which one is be...
by Jack FFR1846
Tue Jul 10, 2018 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Management at Megacorp
Replies: 26
Views: 2916

Re: Management at Megacorp

Thank you for the advise! I now realized I left off some details. -Raise would be 7% going into management. It would take my 8-5 job and turn it into 100% on call all the time, with expectations to work 10-15 hours on the weekends, and a few hours every night at home. These are sacrifices I'd be wi...
by Jack FFR1846
Tue Jul 10, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: What’s the median income of Bogleheads?
Replies: 29
Views: 3156

Re: What’s the median income of Bogleheads?

Rick's picture, but text replaced with "One Hundred BILLION Dollars".
by Jack FFR1846
Tue Jul 10, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: Radon
Replies: 27
Views: 1368

Re: Radon

How "tight" is your basement? If there are leaks and places air might get in/out, put a fan in the basement to circulate the air. The door from the upstairs living area to the basement can be made more "tight". This alone might be enough to reduce you to below the EPA level.
by Jack FFR1846
Tue Jul 10, 2018 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: [Considering the Vanguard LifeStrategy Fund]
Replies: 66
Views: 4719

Re: Lifestyle Strategies

A 3 fund portfolio owns the whole market. It will be cheaper and likely more diverse than 20 ETFs. I set myself up with 3 fund, using US Savings bonds as well, as I had these before becoming a Boglehead (actually, before there was this forum). My overall ER ignoring the savings bonds is about 0.04%....