Search found 2460 matches

by Jags4186
Fri Oct 19, 2018 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Possible move...how much house can afford? (accounting for transaction costs)
Replies: 12
Views: 900

Re: Possible move...how much house can afford? (accounting for transaction costs)

I’m curious what a $960k house in a LCOL area looks like and what an $800k house in a MCOL area looks like. My friends and I rent basically a mansion in a LCOL area on multiple acres with a decked out barn and guest house and that house just sold for $835k. LOCL Nothing crazy, but everything we cou...
by Jags4186
Fri Oct 19, 2018 7:51 am
Forum: Personal Consumer Issues
Topic: Replace roof or wait .... and
Replies: 14
Views: 877

Re: Replace roof or wait .... and

If it’s not leaking I wouldn’t change the roof. For every person saying “buyers want a new roof and no credit” there’s the opposite person saying “I want the credit so I can get it done right. I’m sure the sellers got a cheap job done to sell the house.” From my limited experience in buying a house,...
by Jags4186
Fri Oct 19, 2018 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Should we downgrade our house?
Replies: 41
Views: 3386

Re: Should we downgrade our house?

I would think you’d be able to upgrade house and downgrade expenses moving from DC to Atlanta but perhaps I’m out of touch. I go by what I see on house hunters.
by Jags4186
Fri Oct 19, 2018 7:29 am
Forum: Investing - Theory, News & General
Topic: Malkiel no longer endorses blind-folded monkeys, likes smart beta
Replies: 31
Views: 3096

Re: Malkiel no longer endorses blind-folded monkeys, likes smart beta

And Jeremy Siegel is selling WisdomTree ETFs (cap weighted or market weighted or whatever the "not usual weighted" is). I guess these guys spend their lives in academia making comfortable incomes but see the guys they study making the megabux and become tempted. Definitely makes you respect Mr. Bog...
by Jags4186
Fri Oct 19, 2018 6:50 am
Forum: Personal Consumer Issues
Topic: Maserati Experiences
Replies: 47
Views: 5286

Re: Maserati Experiences

Why not an F-Type? Those are pretty much the best looking cars on the road that people actually have. I always stop and check it outnwhen it drives by.
by Jags4186
Fri Oct 19, 2018 6:41 am
Forum: Personal Consumer Issues
Topic: Jury duty - already booked vacation
Replies: 51
Views: 5339

Re: Jury duty - already booked vacation

Call and tell them “thank you for selecting me. I think I’ll make a great juror because I’m really good at spotting guilty people.”
by Jags4186
Thu Oct 18, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Possible move...how much house can afford? (accounting for transaction costs)
Replies: 12
Views: 900

Re: Possible move...how much house can afford? (accounting for transaction costs)

I’m curious what a $960k house in a LCOL area looks like and what an $800k house in a MCOL area looks like.

My friends and I rent basically a mansion in a LCOL area on multiple acres with a decked out barn and guest house and that house just sold for $835k.
by Jags4186
Thu Oct 18, 2018 3:11 pm
Forum: Personal Consumer Issues
Topic: unlicensed repair guy possibly spent our material deposit
Replies: 25
Views: 2763

Re: unlicensed repair guy possibly spent our material deposit

What could the OP have done differently to have avoided the problem? I believe there are many fine such folks, by the nature of the business, that are faced with cash flow challenges. Maybe (?) the OP could have purchased the needed material, but that might only work for some kinds of supplies/mate...
by Jags4186
Wed Oct 17, 2018 9:30 pm
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 103
Views: 4646

Re: When to change tires; and what brand

Curious 1. When do you guys change tires ? I know that tire tread depth is 8/32 mm for a brand new tire and 2/32 mm for a completely bald tire. The tire shops try to scare you into buying new tires even at 5/32 mm. I myself have been buying as soon as they dip below 3/32 mm. I bought a tread depth ...
by Jags4186
Wed Oct 17, 2018 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 82
Views: 6502

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

The big difference though is that if you put the money into the house and the house loses value, you lose no utility whereas if your investments drop you've lost the utility of that money. Not claiming it is financially the long term best move, but it does lock in 1 aspect of life. If you put the m...
by Jags4186
Wed Oct 17, 2018 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: advice on first home
Replies: 28
Views: 1593

Re: advice on first home

You mention your interest rate would be about 5.5% solely due to the fact you don't have 20% down. If I were in your shoes I would shop around! In October of 2017 I was able to get a 3.25% interest rate with only 3% down, a first time homeowner loan from a local bank. Just because you don't have 20...
by Jags4186
Wed Oct 17, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 82
Views: 6502

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

25% drop in your portfolio is $300,000. A) 25% drop of a 1.2 million portfolio is 300K. I left with 900K. My annual expense with a mortgage is 60K. I can survive for 15 years. B) 25% drop of a 900K portfolio is 225K. I left with 675K. My annual expense without a mortgage is 45K. I can survive for 1...
by Jags4186
Wed Oct 17, 2018 7:39 am
Forum: Personal Consumer Issues
Topic: Visiting the Statue of Liberty
Replies: 8
Views: 662

Re: Visiting the Statue of Liberty

The Statue of Liberty is kind of lame. You can see it from Liberty Park in NJ and that should be good enough. Liberty Island is basically a giant gift shop and cafeteria. Ellis Island is much more interesting IMO. You generally buy a pass for both and the Ferry goes NJ—>Ellis Island->Statue->NY. Par...
by Jags4186
Wed Oct 17, 2018 7:02 am
Forum: Personal Consumer Issues
Topic: Need new email address. Gmail or ???
Replies: 70
Views: 5079

Re: Need new email address. Gmail or ???

I assume nothing I do on the internet is truly private. Because of that I use gmail because it’s free and works well. I don’t care if google searches my emails to target advertise me—I try to use the most aggressive ad blockers to deal with that. For what it’s worth Googles motto is (or at least it ...
by Jags4186
Wed Oct 17, 2018 3:41 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard changing my Admiral shares to Investor Shares
Replies: 26
Views: 4552

Re: Vanguard changing my Admiral shares to Investor Shares

You’re not happy. Move to Fidelity. Competition is good.
by Jags4186
Tue Oct 16, 2018 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?
Replies: 55
Views: 2724

Re: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?

“Investment” You used that word twice. There is no “investment” here. There is an entertainment purchase. Perhaps you could even stretch the word “speculation” to cover this. But not investment. Expected return is zero. No it's not. It's negative. Half the money goes to the states, so your expected...
by Jags4186
Tue Oct 16, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?
Replies: 55
Views: 2724

Re: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?

“Investment” You used that word twice. There is no “investment” here. There is an entertainment purchase. Perhaps you could even stretch the word “speculation” to cover this. But not investment. Expected return is zero. IIRC the expected return is about $.60 on the $1.00. So not a high return, or e...
by Jags4186
Tue Oct 16, 2018 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?
Replies: 55
Views: 2724

Re: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?

“Investment” You used that word twice. There is no “investment” here. There is an entertainment purchase. Perhaps you could even stretch the word “speculation” to cover this. But not investment. Expected return is zero. IIRC the expected return is about $.60 on the $1.00. So not a high return, or e...
by Jags4186
Mon Oct 15, 2018 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 241
Views: 19477

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I would move the money out before registering for the promo if you want any chance of getting money that you move out and back in.
by Jags4186
Mon Oct 15, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13384

Re: Correlation between the FIRE movement and one of the greatest bull markets

'A life well lived' is very different to 'getting by'. $3M today is what $1M was to my parents. You can live a well lived (selfish) life with $1 million, especially if you have no debt. Fixed for you. $1M is short changing yourself. Its having low expectations for yourself because you think you can...
by Jags4186
Mon Oct 15, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Kids not interested in money / allowance
Replies: 50
Views: 4821

Re: Kids not interested in money / allowance

You should stop paying for something they have. If they still want it they can use their own money. If they shrug and say “ok” cut something else. Keep cutting until they start paying for something. When they start going out with their friends on their own they’ll care more about money. I don’t real...
by Jags4186
Mon Oct 15, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13384

Re: Correlation between the FIRE movement and one of the greatest bull markets

Absolutely—it is a combination of bull market, tech boom, and real estate boom bust cycle. Although most FIRE bloggers are in that 30-40 year old range for obvious reasons—(no one is “FIREing” at 63 years old)—you should keep in mind that a 25-30 year old who didn’t lose their job in 2008 made out l...
by Jags4186
Mon Oct 15, 2018 9:14 am
Forum: Personal Consumer Issues
Topic: British Airways AVIOS Points
Replies: 9
Views: 556

Re: British Airways AVIOS Points

I have about 70,000 British Airways AVIOS points from 3 years ago. At one time, you could book, thru British Air, flights on local airlines for low point amounts that would cost a lot in dollars. For example, you could book round trip Pittsburgh to NYC for about 15,000 points ($150) whereas the cas...
by Jags4186
Mon Oct 15, 2018 9:07 am
Forum: Personal Consumer Issues
Topic: trip to Grand Cayman & dieting [while on vacation]
Replies: 40
Views: 2648

Re: trip to Grand Cayman & dieting

My rule is don’t worry about dieting on vacation. Otherwise you know exactly what you need to do. The keep your mouth shut diet hasn’t failed. I try my best to avoid too much weight gain on trips.. we cruise frequently so it's an issue. You just have to give something up IMHO. I'm not giving uthe w...
by Jags4186
Mon Oct 15, 2018 9:00 am
Forum: Personal Finance (Not Investing)
Topic: When to stop putting money into an older vehicle
Replies: 88
Views: 5821

Re: When to stop putting money into an older vehicle

I just had $1692 worth of work done to my 2003 Honda Pilot. I had to get new rear brakes and I had to replace the ignition lock and all other locks (in addition to getting a new key fob). I called around and this was about $200 less than everyone else. Upon inspection, the service manager said I al...
by Jags4186
Sun Oct 14, 2018 7:47 pm
Forum: Personal Consumer Issues
Topic: trip to Grand Cayman & dieting [while on vacation]
Replies: 40
Views: 2648

Re: trip to Grand Cayman & dieting

My rule is don’t worry about dieting on vacation. Otherwise you know exactly what you need to do. The keep your mouth shut diet hasn’t failed.
by Jags4186
Sun Oct 14, 2018 6:29 pm
Forum: Personal Consumer Issues
Topic: How Much Is Your Sewer Bill?
Replies: 78
Views: 3915

Re: How Much Is Your Sewer Bill?

Between $40 and $60 a month. We have American Water in Northern NJ.
by Jags4186
Sat Oct 13, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Can a US citizen be a resident of NO state?
Replies: 61
Views: 17849

Re: Can a US citizen be a resident of NO state?

Sure. You could live in a territory like American Somoa, a protectorate like Puerto Rico, an independent city like Washington D.C. or be a member of an American Tribe and live on a reservation. You also could be born to two American citizen parents abroad and never repatriate.
by Jags4186
Fri Oct 12, 2018 6:25 am
Forum: Investing - Help with Personal Investments
Topic: [JP Morgan] Target Retirement 2025 - CRAZY ?!?!
Replies: 17
Views: 2243

Re: Morgan Stanley Target Retirement 2025 - CRAZY ?!?!

I have Morgan Stanely TDF available in my 401k. There are no loads.
by Jags4186
Fri Oct 12, 2018 6:23 am
Forum: Personal Finance (Not Investing)
Topic: Home Purchase - Sellers Request Help with Repairs
Replies: 69
Views: 3051

Re: Home Purchase - Sellers Request Help with Repairs

Just say no but perhaps offer to have someone you find come in, look at it, give you a quote, then take a sellers credit for you to repair. You don’t want them repairing this halfway then it being a problem after you move in. Look at how the responses to the “the AC broke 2 days after I sold my hous...
by Jags4186
Thu Oct 11, 2018 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Just Divorced -- Need Help [looking for new credit card]
Replies: 72
Views: 6597

Re: Just Divorced -- Need Help

My credit went from near perfect to mid 600s due to my divorce. I was awarded all of my ex-wife's credit card debt she racked up while we were separated. What is the best all around credit card I can transfer the balances to as I work to repair my credit? In a perfect world, I'd prefer the card hav...
by Jags4186
Thu Oct 11, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: My life saved by New subaru. Almost died.
Replies: 62
Views: 7129

Re: My life saved by New subaru. Almost died.

I’m glad you’re safe but I don’t understand how if you started braking hard before the system said you were approaching an object too fast how the system helped?
by Jags4186
Thu Oct 11, 2018 7:37 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1553119

Re: U.S. stocks in freefall

Very interesting comment. I am not impacted by the decline in the market as I only hold about 15% equities that I bought many years ago.However, can you explain what you mean in context of the average investor and possible impact on them. Thanks for the good work. There is little impact on the indi...
by Jags4186
Thu Oct 11, 2018 7:16 am
Forum: Investing - Theory, News & General
Topic: What do you think of the Tesla craziness?
Replies: 25
Views: 2226

Re: What do you think of the Tesla craziness?

Let’s be honest - you don’t buy a $ 35,000 electric car to save money. They are niche products, always have been and always will be. What do you do in 5-8 years when these are all rusted out and components need to be replaced? Closest dealer is two hours away and is backlogged for months with repai...
by Jags4186
Thu Oct 11, 2018 6:52 am
Forum: Personal Consumer Issues
Topic: What the heck is growing in my yard?
Replies: 71
Views: 5759

Re: What the heck is growing in my yard?

Thanks everyone for the help. I’m am going to dig up, cover with fresh top soil and seed as someone above suggested. And while I appreciate everyones concern, there is 0 chance I’m eating something that just shot up in my yard. I mean, if a hamburger appeared on your front doorstep, would you eat it...
by Jags4186
Wed Oct 10, 2018 3:35 pm
Forum: Personal Consumer Issues
Topic: What the heck is growing in my yard?
Replies: 71
Views: 5759

Re: What the heck is growing in my yard?

Hope this helps with the IDing...

Image

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by Jags4186
Wed Oct 10, 2018 3:09 pm
Forum: Personal Consumer Issues
Topic: What the heck is growing in my yard?
Replies: 71
Views: 5759

Re: What the heck is growing in my yard?

Hen of the woods, They are supposedly very tasty. Dont trash it yet, I'll see if I can post pictures from my mushroom ID book for you. Can you get a picture of the underside and does it change colors when you bruise it? Other than the fact that it’s a little scary and bugs are out in full force tod...
by Jags4186
Wed Oct 10, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: SPY vs SPXL [SPDR S&P 500 vs Direxion Daily S&P 500 3X leveraged]
Replies: 4
Views: 219

Re: SPY vs SPXL [SPDR S&P 500 vs Direxion Daily S&P 500 3X leveraged]

For my long-term investments, say my 401K, where I won't/don't want to withdraw my money for 15-20 years, if the odds are very, very strong that the S&P will be more in 2038 than what it is today, should I just put my money in SPXL rather than SPY? Welcome your insights. They perform great in long ...
by Jags4186
Wed Oct 10, 2018 2:52 pm
Forum: Personal Consumer Issues
Topic: What the heck is growing in my yard?
Replies: 71
Views: 5759

Re: What the heck is growing in my yard?

The mushrooms we see above ground are just the flower heads of the plant that lives underground. Like others have said, you most likely have a dead tree or stump buried in that area. Once it's depleted, you probably will never see the mushrooms in that spot again. Would you suggest I leave it or co...
by Jags4186
Wed Oct 10, 2018 2:47 pm
Forum: Personal Consumer Issues
Topic: What the heck is growing in my yard?
Replies: 71
Views: 5759

Re: What the heck is growing in my yard?

From afar, it looks like it might be a "hen of the woods" mushroom. They are edible and decisions from what I understand. However, DO NOT EAT unless you get a firm ID locally. Was there a tree stump there in the past? It's possible it is growing on the leftovers of that. This would be the fruiting ...
by Jags4186
Wed Oct 10, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: What the heck is growing in my yard?
Replies: 71
Views: 5759

What the heck is growing in my yard?

Hello folks, I have this giant mushroom thing growing in my yard. I’ve dug it up twice now in the last two months and it has returned in relatively the same spot. I’ve googled mushrooms and I can’t seem to find anything similar to this. To give you an idea, this bad boy probably weighs in the 20-25l...
by Jags4186
Tue Oct 09, 2018 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2924
Views: 576391

Re: What's Your Credit Card Rewards Strategy?

Providing another example of the power of the Chase Sapphire Reserve. Today I booked a two night stay in Washington DC (for next month) at a Hyatt Property. Cash rate for the room was $1,060 (all-in) while the award rate was 30,000 points. I transferred 30,000 of my Chase UR points to Hyatt (took l...
by Jags4186
Tue Oct 09, 2018 11:36 am
Forum: Personal Finance (Not Investing)
Topic: GEICO auto rates vs. USAA: too good to be true?
Replies: 184
Views: 35092

Re: GEICO auto rates vs. USAA: too good to be true?

There's a current thread about GEICO dropping liability (umbrella) insurance for someone who was in a car accident: https://www.bogleheads.org/forum/viewtopic.php?f=11&t=260011&newpost=4154951 The thread also gives some good thoughts about not going for the cheapest insurance. Just because somethin...
by Jags4186
Mon Oct 08, 2018 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about selling VTSMX to buy VIGRX & VISGX
Replies: 14
Views: 1339

Re: Thinking about selling VTSMX to buy VIGRX & VISGX

What exactly are your reasons? I was under the impression that growth-stocks were better than value-stocks overall and VTSMX have some value-stocks mixed in as well... :confused Large Cap Value (blue) vs Large Cap Growth (red): http://www.simpleimageresizer.com/_uploads/photos/4789136e/B708B0E2-B08...
by Jags4186
Mon Oct 08, 2018 9:19 pm
Forum: Personal Consumer Issues
Topic: Landlord wants to raise rent, but is asking if he can?
Replies: 54
Views: 5468

Re: Landlord wants to raise rent, but is asking if he can?

I ask him to hold off until next year. Rinse and repeat. There are certain things worth kicking down the road. This is one of them. If he raises your rent 2.5% this year and 2.5% next year that’s more money out of your pocket than if he holds it firm this year and raises it 5% next year. Other opti...
by Jags4186
Mon Oct 08, 2018 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Income (US vs Europe)
Replies: 55
Views: 3681

Re: Income (US vs Europe)

College reduces disposable income by a little. But health insurance by a lot https://www.beckershospitalreview.com/finance/28k-the-average-price-healthcare-will-cost-a-family-of-4-in-2018.html That's why I'm saying than you are better off in US only after you earn enough. 70%-80% percentile is my c...
by Jags4186
Mon Oct 08, 2018 7:01 pm
Forum: Personal Consumer Issues
Topic: Landlord wants to raise rent, but is asking if he can?
Replies: 54
Views: 5468

Re: Landlord wants to raise rent, but is asking if he can?

I ask him to hold off until next year. Rinse and repeat. There are certain things worth kicking down the road. This is one of them. If he raises your rent 2.5% this year and 2.5% next year that’s more money out of your pocket than if he holds it firm this year and raises it 5% next year. Other optio...
by Jags4186
Mon Oct 08, 2018 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Income (US vs Europe)
Replies: 55
Views: 3681

Re: Income (US vs Europe)

Yes. America is better. We have more money, social mobility, way less taxes, and the American dream. It’s why my family left Europe to come to America. Also unemployment is at its lowest. Nope. https://www.economist.com/graphic-detail/2018/02/14/americans-overestimate-social-mobility-in-their-count...
by Jags4186
Sun Oct 07, 2018 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Income (US vs Europe)
Replies: 55
Views: 3681

Re: Income (US vs Europe)

By European standards our income taxation is low For Comparison: In Belgium the first 7,5K Euro are not taxed and the taxation of the remainder was recently lowered to the following: 25% for € 0 to €12 990 40% for € 12 990,01 to € 22 290 45% for € 22 290,01 to € 39 660 50% for More then 39 660,01 e...
by Jags4186
Sun Oct 07, 2018 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2924
Views: 576391

Re: What's Your Credit Card Rewards Strategy?

With the new AMEX Gold card my strategy has shifted: AMEX Blue Business Plus for 2x everyday spend AMEX Gold for 4x Groceries and Restaurants Chase Ink Cash #1 upgraded to Chase Ink Preferred for 3x travel Chase Sapphire Reserve downgraded to Freedom for additional 5x bandwidth Citi Double Cash for ...