Search found 77 matches

by Inframan4712
Thu Oct 19, 2017 6:15 am
Forum: Personal Consumer Issues
Topic: receiving 'used' items from Ebay purchase....frustrating
Replies: 22
Views: 2102

Re: receiving 'used' items from Ebay purchase....frustrating

For some items on eBay, I prefer to buy used in excellent condition from long-term Ebay sellers with perfect feedback. And with clear, zoomable pictures that show every angle of the item. Much better deals that way. The red flags are the New (other) or Open Box items the seller is trying to pass off...
by Inframan4712
Sun Oct 08, 2017 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 10055

Re: Third time in my 32 year career I have been laid off

Look at this as an amazing opportunity to semi-retire. Take the part-time consulting gig and work on finding others. Work as much or as little as you want. You already have significant assets. Others have given good advice on options to reconfigure them. Enjoy your 50s. Use that extra time off to ge...
by Inframan4712
Wed Oct 04, 2017 6:22 am
Forum: Investing - Help with Personal Investments
Topic: Should I max out my Roth IRA as an 18 year old?
Replies: 15
Views: 804

Re: Should I max out my Roth IRA as an 18 year old?

I looked at my YTD salary for my part-time job and just realized that it was above $5.5k (around $6.3k), which makes me eligible to max it out. For reference, I have about 12k in my bank and I don't spend it very often. Based on that, it appears your parents are providing food, clothing, and shelte...
by Inframan4712
Tue Sep 12, 2017 5:08 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 333
Views: 20192

Re: Iphone X is $1000

Of course. Years ago you would pay a "small" premium for Apple products. Now you pay nearly double the price of what something is worth. Amazon Echo is $180 (Can get for nearly half that if you wait for a sale like on Prime Day). Guess how much Apple will charge for its new competing "Echo-like" de...
by Inframan4712
Tue Sep 12, 2017 4:26 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 333
Views: 20192

Re: Iphone X is $1000

For those happy with much, much less expensive phones - I've tried them and they just aren't good enough for me. To each his own. Just curious, how did you ever manage with an iPhone 1 or 2 or 3 or 4 or 5 or 6 or 7? :twisted: I'm sure that wasn't as good as the X is now? I managed just fine because...
by Inframan4712
Tue Sep 12, 2017 4:24 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 333
Views: 20192

Re: Iphone X is $1000

How does charging work with the cordless thing? I often use an external battery to recharge during the day when I'm out and about. The cordless thing sounds like it will have to be laying on the flat surface. That's a dealbreaker for me. It does the opposite of the intent...the intent of wireless c...
by Inframan4712
Tue Sep 12, 2017 2:53 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 333
Views: 20192

Re: Iphone X is $1000

Iphone X is S41/month for 2 years where regular Iphone 8 is $30/month. It will sell no matter what the full price is. Exactly. So the incremental cost is $11/month. More to the point, for a device I use every single day for a minimum of 2 hours = 60 hours per month, works out to be less than 20 cen...
by Inframan4712
Mon Sep 11, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Electric car in evacuation situation
Replies: 61
Views: 4243

Re: Electric car in evacuation situation

I can stock extra gas by filling some cans. If it is a full electric car (non-hybrid) how would you stock extra electricity? You need to drive out of state an the normal 3 hour drive will take you 12 hours - will your electric-charge last? Will there be a place to stop and charge on the way? Makes ...
by Inframan4712
Wed Sep 06, 2017 9:53 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 78
Views: 7234

Re: To take or not to take delivery of Tesla 3

Did you think for $35K you could have all the goodies? All car manufacturers show their base price. BTW, if your remove the "dorky" wheel cover you get a better looking wheel. It will just lower your mileage a bit since it is less aerodynamic. All manufacturers don't have such a huge difference bet...
by Inframan4712
Wed Sep 06, 2017 7:44 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 78
Views: 7234

Re: To take or not to take delivery of Tesla 3

Did you think for $35K you could have all the goodies? All car manufacturers show their base price. BTW, if your remove the "dorky" wheel cover you get a better looking wheel. It will just lower your mileage a bit since it is less aerodynamic. All manufacturers don't have such a huge difference bet...
by Inframan4712
Tue Sep 05, 2017 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Renting during residency
Replies: 12
Views: 1324

Re: Renting during residency

Former resident here, but I was in your shoes with a wife and kids. And massive student debt. And it sucked. Stressful as heck. 4 years post-residency I am student loan free, but I lived reasonably in order to accomplish that. Tough it out. You're almost there, believe it or not. Keep your eye on th...
by Inframan4712
Sat Aug 26, 2017 5:39 pm
Forum: Personal Consumer Issues
Topic: Spine healthy recliner or lounge chairs, Euro etc
Replies: 8
Views: 1055

Re: Spine healthy recliner or lounge chairs, Euro etc

Unfortunately, sitting is terrible for you. There isn't much in nature that looks like a chair - I think that's telling us something! Watching TV is also bad for you. I do it. But I move around a lot, switching from sitting to lying on one side then the other, get up a lot, etc. I like the Stressles...
by Inframan4712
Thu Aug 17, 2017 5:56 am
Forum: Personal Consumer Issues
Topic: Bogleheads like PC Gaming?
Replies: 40
Views: 4294

Re: Bogleheads like PC Gaming?

Once you go VR, you never go back. SuperHot VR and Robo Recall on the Oculus Rift will change your life. Even my wife, a complete non-gamer, was blown away. I've been gaming off and on since the Commodore 64.

You do need a hefty PC.
by Inframan4712
Sat Jun 03, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 265
Views: 23985

Re: KF's Worst Case Retirement Plan [KlangFool's]

I'm about your age and worked in IT for 20 years before changing careers (purposely). I experienced layoffs and anxiety throughout. During one of those periods, I commuted 1.5 hours each way daily for over a year before finding another job in my home city. So I feel your pain. Man, when did the IT ...
by Inframan4712
Sat Jun 03, 2017 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 265
Views: 23985

Re: KF's Worst Case Retirement Plan [KlangFool's]

Well, perhaps you are missing that *some* of those jobs provide health insurance. My 55ish neighbor lady took a job at Starbucks mostly for the insurance. She doesn't even like coffee, ha ha. If you did get laid off at age 54, and worked at Starbucks or similar for even a few years, it gets you clo...
by Inframan4712
Sat Jun 03, 2017 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 265
Views: 23985

Re: KF's Worst Case Retirement Plan [KlangFool's]

I mean completely different work, like the local big box stores. willthrill81, My wife work at one of those kinds of job in order to occupy her time. It is not worth the effort financially. KlangFool KF Financially it is worth it. But emotionally and economically it is not given your options, hence...
by Inframan4712
Fri May 05, 2017 9:29 pm
Forum: Personal Consumer Issues
Topic: Insulating Walls - Worth it?
Replies: 44
Views: 5788

Re: Insulating Walls - Worth it?

Assuming everything checks out, I would do it. Heck, once I paid $800 for some attic insulation over a colder/hotter room in a rental house, and I knew I would only be there for a year. But I wanted to be comfortable.

And it was totally worth it.
by Inframan4712
Fri May 05, 2017 3:35 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 20499

Re: Why save so much for when you're old?

Until then, why not spend "lavishly" and see how much one likes it? While the ideal (and non-existent) rational person would save an optimal amount to ensure they capture the benefit of tax advantaged accounts, compounding, time value, etc., and ensure they save the least amount to get th...
by Inframan4712
Sun Apr 30, 2017 1:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard adviser - advice when not carrying a mortgage into retirement
Replies: 57
Views: 5094

Re: Vanguard adviser - advice when not carrying a mortgage into retirement

Don't forget OP said retirement is 15 years away and the advisor chose 80% of CURRENT so that does account for inflation on repair expenses and tax increases on increasing home value. Plus OP should get raises in the next 15 years and most people increase spending accordingly. So I think it's reason...
by Inframan4712
Wed Apr 26, 2017 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7496

Re: We have a lot going on .... Input Requested.

What if the OP is below or just over the standard deduction? No to minimal tax savings You need a place to live, a paid off house > a mortgaged house. People sell houses daily. I vote to pay them off as long as you don't plan to borrow again. I would pay off a 0% mortgage. Just about everyone with ...
by Inframan4712
Wed Apr 26, 2017 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7496

Re: We have a lot going on .... Input Requested.

You do have a lot going on how about simplifying some things? You have a car loan for 12K, and a home loan for 106K, and 407K in taxable investments. Be done with that. By the end of the month have no debt and 289K in taxable. Your life got a bit simpler and you just found a risk free investment. D...
by Inframan4712
Sat Apr 22, 2017 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Responding to Layoff Notice while Working Towards Medical School
Replies: 18
Views: 1910

Re: Advice Responding to Layoff Notice while Working Towards Medical School

If I am not working full time, I would be able to take the necessary classes and study for the MCAT at the same time. I'm guessing you're stellar, academically, and have a history of having done exceptionally well in class and on standardized tests (SAT, etc.) in the past. Otherwise, the night scho...
by Inframan4712
Tue Apr 18, 2017 5:42 am
Forum: Personal Finance (Not Investing)
Topic: My kids don't care about saving
Replies: 114
Views: 12474

Re: My kids don't care about saving

With all the advice given in this thread to give the kids books on investing, has anyone mentioned that millennials don't read books (or newspapers or anything else printed)? If it isn't on their phone it doesn't exist. Edited to add that I realize there are kindle editions, but seriously, I still c...
by Inframan4712
Fri Apr 14, 2017 6:22 pm
Forum: Personal Consumer Issues
Topic: Anyone else decided not to finish med school?
Replies: 55
Views: 7484

Re: Anyone else decided not to finish med school?

Like others said, if he doesn't want to do it, the earlier that he dropped out the better. But I'm reading the reasons he dropped out as to avoid debt and spend more time with his spouse. It is not my business to judge anybody, but to me those are horrible reasons if accurate. I also think it's gre...
by Inframan4712
Wed Apr 05, 2017 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Spending beyond my means, I think..is my budget out of whack?
Replies: 81
Views: 9539

Re: Spending beyond my means, I think..is my budget out of whack?

Bacchus01 wrote:
I would never consider paying that kind of money for daycare if I or my wife were working part time for minimal return. Sorry man, that's crazy.


I imagine she really does need that time away given that they have a special needs child.
by Inframan4712
Fri Mar 31, 2017 9:44 pm
Forum: Investing - Theory, News & General
Topic: I don't understand how commercial real estate making money
Replies: 41
Views: 4512

Re: I don't understand how commercial real estate making money

For those who live in Montgomery County, MD, the other day I read in the Washington Business Journal that Lakeforest Mall is in default on their mortgage. JC Penny is the anchor tenant. Lakeforest is major MD mall in an affluent location. This is stunning news to (an outsider) like me. I don't thin...
by Inframan4712
Thu Mar 02, 2017 7:10 pm
Forum: Personal Consumer Issues
Topic: Replace gas water heater with electric?
Replies: 40
Views: 4412

Re: Replace gas water heater with electric?

I have natural gas water heater and natural gas furnace. My neighbor has all electric. We have the same size family, same size house. My energy bills are literally one-half as in 50% of his. And our electricity here is 11-15 cents/kwh. Edited to add he has a small pool, but still. In the summer, whe...
by Inframan4712
Fri Feb 24, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 12778

Re: risk of my Tesla deposit

Not directly related to Tesla but here is another Musk product and it seems like a glimmer of some fantastic future we were hoping for long ago.

https://www.youtube.com/watch?v=glEvogjdEVY

Musk is not all hype.
by Inframan4712
Wed Feb 22, 2017 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on girlfriend debt/finances
Replies: 82
Views: 8523

Re: Need advice on girlfriend debt/finances

This has nothing, nothing to do with money. The real issue is the depression and inability to get out of the rut. In a person with a psychology degree, no less. She needs life coaching, counseling, *something* to empower her and develop drive, confidence, all-around get up and go. Otherwise, OP, str...
by Inframan4712
Sat Feb 18, 2017 11:55 am
Forum: Investing - Theory, News & General
Topic: Boglehead mentality re todays oil price
Replies: 85
Views: 7192

Re: Boglehead mentality re todays oil price

Thought-provoking article.

Why Saudi Arabia Won't Cut Its Oil Production

Edit: The Forbes link didn't work. Let's try this one:

http://www.huffingtonpost.com/yassin-k- ... 66832.html


Saudi Arabia’s oil minister of that era, Ahmed Zaki Yamani, observed that “the stone age didn’t end because the world ran out of stone.”
by Inframan4712
Sat Feb 11, 2017 4:10 pm
Forum: Personal Consumer Issues
Topic: Preferred "disk cloning" software?
Replies: 43
Views: 3738

Re: Preferred "disk cloning" software?

I use Time Machine to backup my 1TB MacBook Pro over wifi to my Time Capsule and don't have any performance issues. For offsite backups, which I strongly recommend, I take my MacBook to work and Time Machine to a USB 3.0 connected 3TB drive that I leave at work. Alternatively I could have two USB ha...
by Inframan4712
Tue Jan 24, 2017 3:52 pm
Forum: Personal Consumer Issues
Topic: Those silly lotion containers
Replies: 39
Views: 6556

Re: Those silly lotion containers

A very similar issue with the Propane Exchange program. With the exchange they only fill the tank to 15 LBs although the tanks are designed to hold 20 LBs. Not only is it cheaper to get the tank filled but you also get 25% more propane. Convenience comes with a cost. 20 is 33% more than 15, not 25%...
by Inframan4712
Sat Jan 07, 2017 10:32 pm
Forum: Investing - Theory, News & General
Topic: Emergency fund of a different kind [funds held outside of US]
Replies: 53
Views: 3016

Re: Emergency fund of a different kind [funds held outside of US]

AlohaJoe wrote:Create an account on Interactive Brokers. Buy an Irish based, Euro denominated ETF.

Seems pretty straightforward to me.


Thank you for the advice. I will look into this.
by Inframan4712
Sat Jan 07, 2017 1:23 pm
Forum: Investing - Theory, News & General
Topic: Emergency fund of a different kind [funds held outside of US]
Replies: 53
Views: 3016

Re: Emergency fund of a different kind

Could I hold $100k in Euros or Pounds Sterling in HSBC in England? I would hope a big bank like HSBC could meet FATCA or other reporting requirements. Inframan4712, IMHO, Euros or Pounds will collapse way before the US dollars collapses. So, how does that help you? KlangFool Because I'm not as worr...
by Inframan4712
Sat Jan 07, 2017 11:17 am
Forum: Investing - Theory, News & General
Topic: Emergency fund of a different kind [funds held outside of US]
Replies: 53
Views: 3016

Re: Emergency fund of a different kind

...So, say I want to hedge against this by keeping an emergency fund outside of the U.S. Understand, I will pay taxes on this. Say I need $100k in this fund... How would you do this? I don't know how to do it. That's an important reason why I don't. I truncated your quote for brevity but I do appre...
by Inframan4712
Sat Jan 07, 2017 11:12 am
Forum: Investing - Theory, News & General
Topic: Emergency fund of a different kind [funds held outside of US]
Replies: 53
Views: 3016

Re: Emergency fund of a different kind

The problem is that it is not 100k. It is 100k per safe location. A dollar collapse would be highly correlated with collapse elsewhere. You would need money in multiple places for this to be a safe strategy. The next problem is Switzerland during the Holocaust. What is to prevent that banking syste...
by Inframan4712
Sat Jan 07, 2017 10:44 am
Forum: Investing - Theory, News & General
Topic: Emergency fund of a different kind [funds held outside of US]
Replies: 53
Views: 3016

Re: Emergency fund of a different kind

livesoft wrote:Perhaps diversification in spouses is required. The more foreign spouses living abroad that one has, the better. Then you will always have somewhere to come home to.


I rather think that would carry different risks. :happy

One is plenty. And she's a keeper.
by Inframan4712
Sat Jan 07, 2017 10:42 am
Forum: Investing - Theory, News & General
Topic: Emergency fund of a different kind [funds held outside of US]
Replies: 53
Views: 3016

Re: Emergency fund of a different kind

So, say I want to hedge against this by keeping an emergency fund outside of the U.S. Understand, I will pay taxes on this. Say I need $100k in this fund. I want to put $20k per year into it for the next 5 years, rough numbers. Inframan4712, Before you take this step, you should keep some gold jewe...
by Inframan4712
Sat Jan 07, 2017 10:35 am
Forum: Investing - Theory, News & General
Topic: Emergency fund of a different kind [funds held outside of US]
Replies: 53
Views: 3016

Re: Emergency fund of a different kind

You will see multiple threads about doing this if you are rich enough. It is a form of insurance. But it is expensive. Given you are talking about 100k, you are probably not rich enough for it to make sense. So like any insurance, what is the risk of dollar collapse (a number)? Then what currency a...
by Inframan4712
Sat Jan 07, 2017 10:25 am
Forum: Investing - Theory, News & General
Topic: Emergency fund of a different kind [funds held outside of US]
Replies: 53
Views: 3016

Re: Emergency fund of a different kind

I would simply have friends and relatives in foreign countries, but not investments. I would also reciprocate as the "emergency fund" for my overseas friends. That's a good idea, and one I've taken into account. I do have friends that would help, certainly with lodging/food. But having th...
by Inframan4712
Sat Jan 07, 2017 10:16 am
Forum: Investing - Theory, News & General
Topic: Emergency fund of a different kind [funds held outside of US]
Replies: 53
Views: 3016

Emergency fund of a different kind [funds held outside of US]

Give me your thoughts. On this board we recommend disability, life insurance, umbrella policies, diversified portfolios, etc to hedge against low-probability events that would be catastrophic. Consider the "preppers" who stockpile all kinds of supplies for the end-of-the world event. I'm m...
by Inframan4712
Wed Jan 04, 2017 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: spousal disagreement over how much house to buy
Replies: 99
Views: 7326

Re: spousal disagreement over how much house to buy

You can afford, it meets your needs and she wants it so why do you need to ask? There is only one answer.

8-)
by Inframan4712
Wed Jan 04, 2017 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Complaint + Switching to HDHP for Child Birth Costs?
Replies: 26
Views: 1931

Re: Medical Complaint + Switching to HDHP for Child Birth Costs?

The doctor's office doesn't know if the lab is in *your* network. They are struggling to meet the documentation requirements of the different insurers to try and get paid. The insurance company business model is to pay as little as possible in claims while charging as much in premiums as possible. S...
by Inframan4712
Wed Jan 04, 2017 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Complaint + Switching to HDHP for Child Birth Costs?
Replies: 26
Views: 1931

Re: Medical Complaint + Switching to HDHP for Child Birth Costs?

It's amusing that you don't blame your insurance company at all. Laughable really. Who invented this in/out of network nonsense?
by Inframan4712
Sat Dec 31, 2016 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Delayed Gratification In Life & its fallacies
Replies: 56
Views: 6638

Re: Delayed Gratification In Life & its fallacies

Agree 100%. In the last 25 years I have built lasting memories and experiences with my wife and children through travel, drive a decent car, comfortable house, etc. Retirement is 10 -15 years away and if I hadn't spent that money I might have 30% more but so what? You can't take it with you. And I c...
by Inframan4712
Thu Dec 29, 2016 10:02 pm
Forum: Investing - Theory, News & General
Topic: Bernstein-"To Make Money They Didn't Need".....and Pascal's Wager
Replies: 187
Views: 21925

Re: Bernstein-"To Make Money They Didn't Need".....and Pascal's Wager

I didn't read the last 10 posts but I haven't seen this mentioned yet. Why do some people take risk they don't need to take? Because they have an appetite for risk. They *want* to take risks. Entrepreneurs especially. It isn't possible to win the game because the game itself is the point. Successful...
by Inframan4712
Mon Dec 26, 2016 6:58 pm
Forum: Personal Consumer Issues
Topic: Apple TV: Third Generation vs. Fourth Generation
Replies: 4
Views: 800

Re: Apple TV: Third Generation vs. Fourth Generation

iPhone apple tv remote app works on my 4th gen Apple TV. It worked briefly on my 3rd gen AppleTV then stopped working after Apple broke it (as many users complained about on App Store reviews).

4th gen is totally worth it just for Siri search. Oh, bluetooth remote is awesome.