Search found 4641 matches

by Jags4186
Mon May 25, 2020 2:16 pm
Forum: Investing - Theory, News & General
Topic: Anybody do any GOOD timing the market?
Replies: 45
Views: 1883

Re: Anybody do any GOOD timing the market?

My uncle whom I considered a boglehead philosophically told me in February that he had pulled his entire equity position in to cash shortly after the new year. His reasoning was that valuations were high, the yield curve had inverted and Bernie Sanders was gaining momentum which would be bad for bu...
by Jags4186
Mon May 25, 2020 10:37 am
Forum: Personal Investments
Topic: The Black Swan is Here
Replies: 153
Views: 16613

Re: The Black Swan is Here

tvubpwcisla wrote:
Mon May 25, 2020 10:20 am
Am I the only investor that foresees a vaccine coming (or the virus simply going away on its own), stocks on sale at huge discounts, and the markets heading higher?
We are in a corporate extinction event. I am not optimistic about the near term future.
by Jags4186
Mon May 25, 2020 8:30 am
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 90
Views: 6156

Re: If Jeep has such poor reliability, how come they are everywhere?

So there's a Jeep cult like there is a Subaru cult? Is there something wrong with Subarus? My impression is that they rank pretty high in the automotive pecking order, perhaps right behind Toyota and Honda. Bland, slow, loud, and notorious engine oil issues. Cheapest way into an AWD car though. Don...
by Jags4186
Mon May 25, 2020 8:26 am
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 90
Views: 6156

Re: If Jeep has such poor reliability, how come they are everywhere?

So there's a Jeep cult like there is a Subaru cult? Is there something wrong with Subarus? My impression is that they rank pretty high in the automotive pecking order, perhaps right behind Toyota and Honda. Bland, slow, loud, and notorious engine oil issues. Cheapest way into an AWD car though. I t...
by Jags4186
Mon May 25, 2020 7:32 am
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 90
Views: 6156

Re: If Jeep has such poor reliability, how come they are everywhere?

So there's a Jeep cult like there is a Subaru cult? Is there something wrong with Subarus? My impression is that they rank pretty high in the automotive pecking order, perhaps right behind Toyota and Honda. Bland, slow, loud, and notorious engine oil issues. Cheapest way into an AWD car though.
by Jags4186
Sun May 24, 2020 10:28 am
Forum: Personal Consumer Issues
Topic: $250 off new iPhone SE via trade-in arbitrage
Replies: 16
Views: 1682

Re: $250 off new iPhone SE via trade-in arbitrage

Problem with these deals is it requires you to be on T-Mobile postpaid which is expensive compared to alternative MVNOs. Assuming you’re a regular old single person, the cheapest T-Mobile postpaid plan is $60/mo. You can get Mint Mobile which runs on the same network, for as low as $17/mo if you pre...
by Jags4186
Sat May 23, 2020 9:43 pm
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 58
Views: 4199

Re: NJ property taxes too high. What are my alternative states?

I have never understood why New Jersey, with all the tourist attractions, an entire coastline, casino's, and neighbored to New York has any budget issues. 1) State pensions and retirement healthcare. 2) A ridiculous amount of townships with their own police, fire, EMT, and school systems. 3) Poor c...
by Jags4186
Sat May 23, 2020 8:55 pm
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 58
Views: 4199

Re: NJ property taxes too high. What are my alternative states?

I have never understood why New Jersey, with all the tourist attractions, an entire coastline, casino's, and neighbored to New York has any budget issues. 1) State pensions and retirement healthcare. 2) A ridiculous amount of townships with their own police, fire, EMT, and school systems. 3) Poor c...
by Jags4186
Sat May 23, 2020 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card perks besides cash/points?
Replies: 19
Views: 1514

Re: Best credit card perks besides cash/points?

Citi Costco Visa still offers 2-years extended warranty. Many AMEX cards offer shoprunner (free 2-day shipping lots of stores). AMEX offers (other banks have these but AMEX deals are much better overall I find.) Trip delay/interruption protection (class leading on Chase Sapphire Reserve, good on AME...
by Jags4186
Sat May 23, 2020 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 300
Views: 20477

Re: The axe falls and I am prepared. What's next?

Sorry to hear about the job loss. If you wish to continue working I suggest you look at smaller companies who may need a generic IT person. Then your age and experience will be an advantage. 1) you won’t need supervision 2) you won’t be looking to climb the ladder and therefore be looking to leave f...
by Jags4186
Sat May 23, 2020 2:52 pm
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 58
Views: 4199

Re: NJ property taxes too high. What are my alternative states?

I have never understood why New Jersey, with all the tourist attractions, an entire coastline, casino's, and neighbored to New York has any budget issues. 1) State pensions and retirement healthcare. 2) A ridiculous amount of townships with their own police, fire, EMT, and school systems. 3) Poor c...
by Jags4186
Sat May 23, 2020 2:45 pm
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13035

Re: Will "work from home" destroy the commercial real estate market?

For people who think they can move out of Bay Area and continue to make Bay Area salary working remotely: "Facebook CEO Mark Zuckerberg on Thursday said he predicts that 50% of the company’s employees could be working remotely within the next five to 10 years. “We’re going to be the most forward-le...
by Jags4186
Sat May 23, 2020 10:26 am
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 81
Views: 3831

Re: Tips to stick to a weight loss diet?

I've struggled with my weight my whole life, having been large in high school, losing a significant amount of weight my freshman year in college, gaining a significant amount of weight my junior and senior years of college, losing a significant amount of weight after college and now I am in between ...
by Jags4186
Sat May 23, 2020 8:47 am
Forum: Personal Consumer Issues
Topic: 2016 Honda Civic Air Conditioning issues
Replies: 4
Views: 281

2016 Honda Civic Air Conditioning issues

Hi there. I have a 2016 Honda Civic that is no longer under warranty. A few months ago I received in the mail a notice saying that due to issues with the AC condenser, Honda was extending the warranty on that part from the typical 3 years/36,000 miles to 10 years/unlimited miles. Low and behold, las...
by Jags4186
Sat May 23, 2020 7:25 am
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 58
Views: 4199

Re: NJ property taxes too high. What are my alternative states?

That's a question lots of us ask about our own states. Seems like property taxes are easy to raise on constituents. I've considered becoming a full time renter, just to avoid them. Executive suites with deluxe high end apartment, paid for in part by property tax savings. I pay $4,000. a year for my...
by Jags4186
Fri May 22, 2020 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Proper Protocol to Handle Fender Bender
Replies: 47
Views: 9343

Re: Proper Protocol to Handle Fender Bender

Reviving this thread. Same exact thing happened to me about 2 hours ago. I also was not at fault. I did call the police. The other person had a really banged up car including a broken windshield on a really old car. I am assuming they only have liability insurance if anything. The damage is minor. ...
by Jags4186
Thu May 21, 2020 6:55 am
Forum: Personal Investments
Topic: Advice for 22 year old on investing for home downpayment?
Replies: 29
Views: 1785

Re: Advice for 22 year old on investing for home downpayment?

OP, I would not save specifically for a house with a time horizon that is 15 years out. I would simply start to save money with an eye on maxing your tax advantaged space. As you get older, your income will increase allowing you to save additional money outside of your tax advantaged accounts. Once ...
by Jags4186
Thu May 21, 2020 6:26 am
Forum: Personal Finance (Not Investing)
Topic: Best credit card for grocery rewards
Replies: 37
Views: 2787

Re: Best credit card for grocery rewards

If you have the ability to max out the $56,500 spend all in bonus categories, at a cost of $12.89/$1000 you still earn about $2000 in rewards. Otherwise you need to look at your year long blended spend to determine if it’s worth using the OBC. Based on the above poster described spend he’s averaging...
by Jags4186
Thu May 21, 2020 5:31 am
Forum: Personal Finance (Not Investing)
Topic: Best credit card for grocery rewards
Replies: 37
Views: 2787

Re: Best credit card for grocery rewards

Amex Blue Cash Preferred. It does have an annual fee $99 But 6% on groceries and streaming services year round. I have the old Amex Blue cash, never updated it. 5% on gas groceries and drugstores. 1.5% everything else. No fees. There is a min spend before 5%, but I determined I come out ahead. Henc...
by Jags4186
Wed May 20, 2020 3:05 pm
Forum: Personal Investments
Topic: Diehards advice on missing the dip
Replies: 20
Views: 3253

Re: Diehards advice on missing the dip

If you buy the SP500 today you're getting about a 13% discount compared to February. It doesn't sound bad to me.
by Jags4186
Tue May 19, 2020 6:25 am
Forum: Personal Consumer Issues
Topic: VW and Audi 0% APR - to buy or not?
Replies: 43
Views: 2373

Re: VW and Audi 0% APR - to buy or not?

This is all helpful feedback. Several people have mentioned (and I agree) that I’m interested in cars that I can’t currently afford. Buying something in cash would be the best option financially. My question is, how do you determine how much you spend on a car? Thanks, bogler52 10-15% of your incom...
by Jags4186
Sun May 17, 2020 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: close my amex blue preferred?
Replies: 16
Views: 1188

Re: close my amex blue preferred?

Just close it. People are too sensitive to incredibly minor changes in credit scores.
by Jags4186
Sun May 17, 2020 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Turned down for Amex Blue Cash Preferred CC...
Replies: 12
Views: 1377

Re: Turned down for Amex Blue Cash Preferred CC...

Is there a question here? Or are just telling us your story about being rejected for a credit card you don't really need? No, I do need a second credit card. Pleases see the current tread of why should carry two credit cards. Should I re-apply at a later date or because I always pay each month does...
by Jags4186
Sun May 17, 2020 11:14 am
Forum: Personal Investments
Topic: Saving for a home with student loans
Replies: 12
Views: 746

Re: Saving for a home with student loans

Simple. Take $100k every year to pay off student loans. Live on $75k a year. The loan will be paid off in a little over 3 years. You'll have about ~$80k saved after a little over year 4. Simple. Didn't say easy. Not too long ago we lived off a single income of $85k a year in the Bay Area with a fam...
by Jags4186
Sun May 17, 2020 8:22 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 145
Views: 8807

Re: S&P500 vs World Performance

I was wondering if the obvious geographic diversification benefit of the VT outweighs its lower performance over the SPY? Yes it does, because diversification will remain but the outperformance may not. I only have so much time on earth left. I'll stick with the overwhelming winner, the S&P 500 Ind...
by Jags4186
Sun May 17, 2020 8:20 am
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 145
Views: 8807

Re: S&P500 vs World Performance

Think of domestic and international returns as a seesaw. The total world index is the fulcrum. The US is on one side. International is on the other. Sometimes international returns will be higher/better. Sometimes domestic returns will be higher/better. Sometimes they will be similar. No matter the ...
by Jags4186
Sat May 16, 2020 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Best rewards bonus for a large purchase
Replies: 5
Views: 540

Re: Best rewards bonus for a large purchase

I am thinking of buying something that will cost about $4000 and I don't usually chase credit card rewards, but was wondering if there would be any cards worth the bonus if I had a one-time $4000 purchase I could put on the card. I was thinking that the traditional advice to get rewards miles does ...
by Jags4186
Fri May 15, 2020 8:23 am
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63047

Re: So bottom is probably behind us....right?

I don’t think the bottom is behind us. While things may seemingly be “getting back to normal” in parts of the country, no one in the NY Metropolitan area is rushing to pack a restaurant. Being open for business when your clientele is down 20%-50% is as bad if not worse than being closed with govern...
by Jags4186
Fri May 15, 2020 7:22 am
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63047

Re: So bottom is probably behind us....right?

I don’t think the bottom is behind us. While things may seemingly be “getting back to normal” in parts of the country, no one in the NY Metropolitan area is rushing to pack a restaurant. Being open for business when your clientele is down 20%-50% is as bad if not worse than being closed with governm...
by Jags4186
Thu May 14, 2020 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: To buy or not to buy (a house right now), that is the question. And how much can we afford?
Replies: 10
Views: 887

Re: To buy or not to buy (a house right now), that is the question. And how much can we afford?

Assuming you’re happy with your savings rate with two 401ks and an HSA you are free to spend all of your take home pay. What you need to do is work out an annual budget inclusive of all expenses including things like home maintenance, car maintenance, car replacement, life insurance, car insurance, ...
by Jags4186
Thu May 14, 2020 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1465
Views: 135586

Re: Refinance Mega Thread

I am looking for some advice. I got a LE from a lender and the closing costs are about $10k and they have been added to the loan amount. The cash at closing is around $1k. This came as a surprise to me (first time refi noob). When looking at the breakup of costs the $10k includes property taxes for...
by Jags4186
Thu May 14, 2020 8:28 am
Forum: Investing - Theory, News & General
Topic: What is the impact of online savings rate decreases?
Replies: 9
Views: 724

Re: What is the impact of online savings rate decreases?

Do you really think people who had substantial amounts of money sitting at 1.6% are going to all of a sudden invest that money in the stock market during unprecedented economic turmoil because they are now only getting 1.3%? Nothing will change except maybe people will buy CDs. I know I did a month ...
by Jags4186
Thu May 14, 2020 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1465
Views: 135586

Re: Refinance Mega Thread

I am looking for some advice. I got a LE from a lender and the closing costs are about $10k and they have been added to the loan amount. The cash at closing is around $1k. This came as a surprise to me (first time refi noob). When looking at the breakup of costs the $10k includes property taxes for...
by Jags4186
Thu May 14, 2020 5:58 am
Forum: Personal Finance (Not Investing)
Topic: Deciding on refinance, confused about closing costs
Replies: 9
Views: 975

Re: Deciding on refinance, confused about closing costs

The big issue to me with the closing costs is that it seems your lender wants way too much of an initial escrow funding. I am currently refinancing and they only require 3 months prepaid escrow on taxes. Also, I would look around, I locked yesterday on a 3.125% no-cost 30 year mortgage. Loan size is...
by Jags4186
Wed May 13, 2020 6:50 pm
Forum: Personal Consumer Issues
Topic: Dentist charges $10 for PPE
Replies: 234
Views: 10751

Re: Dentist charges $10 for PPE

I don't think the charge is unreasonable at all. The practice's expenses have obviously gone up due to the pandemic. If your insurer is unwilling to pay the practice for the higher cost you should be complaining to the insurer. the practice should be complaining to the insurer. Fixed that for you.
by Jags4186
Wed May 13, 2020 1:41 pm
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13035

Re: Will "work from home" destroy the commercial real estate market?

Family of 4 in a 1400 sq. ft. home, I am usually working at the kitchen table and my wife does hers sitting up in bed. My wife is in the room because she is on the phone/video chat with clients all day and kids making noise and jumping around in the background is a little less professional in her c...
by Jags4186
Wed May 13, 2020 9:56 am
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13035

Re: Will "work from home" destroy the commercial real estate market?

The biggest disadvantage of work from home is that we do not own a home that accommodates this. I work at the kitchen table. My wife’s files take up the entire dining room table. It’s impractical to put everything away and set up again the following day. My house is a mess. In a permanent WFH situa...
by Jags4186
Wed May 13, 2020 9:43 am
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13035

Re: Will "work from home" destroy the commercial real estate market?

The biggest disadvantage of work from home is that we do not own a home that accommodates this. I work at the kitchen table. My wife’s files take up the entire dining room table. It’s impractical to put everything away and set up again the following day. My house is a mess. In a permanent WFH situa...
by Jags4186
Wed May 13, 2020 9:37 am
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13035

Re: Will "work from home" destroy the commercial real estate market?

The biggest disadvantage of work from home is that we do not own a home that accommodates this. I work at the kitchen table. My wife’s files take up the entire dining room table. It’s impractical to put everything away and set up again the following day. My house is a mess. In a permanent WFH situa...
by Jags4186
Wed May 13, 2020 9:36 am
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13035

Re: Will "work from home" destroy the commercial real estate market?

The biggest disadvantage of work from home is that we do not own a home that accommodates this. I work at the kitchen table. My wife’s files take up the entire dining room table. It’s impractical to put everything away and set up again the following day. My house is a mess. In a permanent WFH situa...
by Jags4186
Wed May 13, 2020 9:00 am
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13035

Re: Will "work from home" destroy the commercial real estate market?

The biggest disadvantage of work from home is that we do not own a home that accommodates this. I work at the kitchen table. My wife’s files take up the entire dining room table. It’s impractical to put everything away and set up again the following day. My house is a mess. In a permanent WFH situa...
by Jags4186
Tue May 12, 2020 10:08 pm
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13035

Re: Will "work from home" destroy the commercial real estate market?

The biggest disadvantage of work from home is that we do not own a home that accommodates this. I work at the kitchen table. My wife’s files take up the entire dining room table. It’s impractical to put everything away and set up again the following day. My house is a mess. In a permanent WFH situat...
by Jags4186
Tue May 12, 2020 10:04 pm
Forum: Investing - Theory, News & General
Topic: Mortgage payment instead of bonds: how?
Replies: 39
Views: 2369

Re: Mortgage payment instead of bonds: how?

What does this mean? How does one achieve, say, the equivalent of a 70/30 allocation with just stock and mortgage? Maybe we you can’t. First, how are you treating the value of your home? It is a asset. Maybe as a bond? House are more bond-like than equity-like. I personally would treat it as a sepa...
by Jags4186
Tue May 12, 2020 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Not paying auto insurance rather than cancelling
Replies: 32
Views: 2223

Re: Not paying auto insurance rather than cancelling

Just make sure you have your new insurance in place and then your old policy will be cancelled for non-payment. No need to call and announce to them you're leaving.

When switching companies I have the new policy paid in full and in effect the day before the old one lapses.
by Jags4186
Tue May 12, 2020 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: nice 20% insurance premium increase
Replies: 37
Views: 3285

Re: nice 20% insurance premium increase

Are you insuring Ferraris? Or do you have a bunch of 16 year old new drivers with an accident history on the policy? Just shocked at that number. We pay $600/year/car. And thats for the max 250/500 liability and full collision/comprehensive on 2014/2017 model year vehicles. I wish -- a Honda Civic ...
by Jags4186
Tue May 12, 2020 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Amex platinum card - $20 streaming and wireless provider credit
Replies: 30
Views: 2409

Re: Amex platinum card - $20 streaming and wireless provider credit

investor4life wrote:
Tue May 12, 2020 2:28 pm
Does this also apply to the Amex Delta Platinum card?
no
by Jags4186
Tue May 12, 2020 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: nice 20% insurance premium increase
Replies: 37
Views: 3285

Re: nice 20% insurance premium increase

$3700 for auto Are you insuring Ferraris? Or do you have a bunch of 16 year old new drivers with an accident history on the policy? Just shocked at that number. We pay $600/year/car. And thats for the max 250/500 liability and full collision/comprehensive on 2014/2017 model year vehicles. I wish --...
by Jags4186
Tue May 12, 2020 11:54 am
Forum: Personal Finance (Not Investing)
Topic: nice 20% insurance premium increase
Replies: 37
Views: 3285

Re: nice 20% insurance premium increase

So RE: NJ Manufacturer's, I find them expensive. And they are--I called them today to find out what their quote came in at and it was in excess of $1000 more than our newly increased NJ Skylands rate. $3700 for auto $1020 for homeowners I also found out why our rates went up 20%. My wife got a speed...