Search found 243 matches

by alter
Wed Sep 04, 2019 7:00 pm
Forum: Personal Consumer Issues
Topic: Recommendations for Polish Beer
Replies: 24
Views: 1554

Re: Recommendations for Polish Beer

Tyskie is my favorite.
by alter
Tue Aug 27, 2019 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Buying term life because it's a "deal"?
Replies: 15
Views: 882

Re: Buying term life because it's a "deal"?

There is no way I would blow that money on insurance premiums. If he wants to leave more, why not put that money into a trust and invest in VOO?
by alter
Fri Aug 23, 2019 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Do you categorize additional contribution to debt repay as saving?
Replies: 101
Views: 3855

Re: Do you categorize additional contribution to debt repay as saving?

The more debt you accrue, the more you are forced to save. Recipe for success if you ask me.
by alter
Fri Aug 23, 2019 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Giving 2 weeks notice with a non-compete
Replies: 14
Views: 1889

Re: Giving 2 weeks notice with a non-compete

Can't you just tell your new company you'll start a couple weeks later, then tell your current company you are retiring? Then during a couple weeks in retirement, change your mind and go work for the new company.
by alter
Thu Aug 22, 2019 2:42 pm
Forum: Personal Consumer Issues
Topic: Front load washer mold
Replies: 30
Views: 2731

Re: Front load washer mold

Leaving the door wide open isn't enough on my LG, you have to leave both door wide open and the detergent drawer pulled all the way out.
by alter
Thu Aug 22, 2019 1:05 pm
Forum: Investing - Theory, News & General
Topic: Chinese property bubble?
Replies: 59
Views: 2826

Re: Chinese property bubble?

There is no private property ownership in China. All of it is leased from the government. Very long lease terms but leased nonetheless. Imagine leasing a car as an investment hoping someone will assume your car lease for more than you paid and not using it... The building is private the land is not...
by alter
Thu Aug 22, 2019 12:12 pm
Forum: Investing - Theory, News & General
Topic: Chinese property bubble?
Replies: 59
Views: 2826

Re: Chinese property bubble?

There is no private property ownership in China. All of it is leased from the government. Very long lease terms but leased nonetheless.

Imagine leasing a car as an investment hoping someone will assume your car lease for more than you paid and not using it...
by alter
Tue Aug 20, 2019 11:20 am
Forum: Personal Consumer Issues
Topic: Chicago - What to see, do & eat in two days
Replies: 71
Views: 3682

Re: Chicago - What to see, do & eat in two days

The Sears(willis) Tower is great if you enjoy waiting in long lines.

Museum of Science and Industry is great though, the planetarium and Aquarium too.
by alter
Thu Aug 15, 2019 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Are you refinancing now?
Replies: 73
Views: 6873

Re: Are you refinancing now?

+1 on the spread between the 15 and 30 being low....there is almost no incentive, interest-wise to pick a 15year. How do you figure? I think in some cases a 15 year is still better if you're trying to pay less in total interest. I am refinancing and borrowing $172K. 15 year term is 2.875% and 30 ye...
by alter
Thu Aug 15, 2019 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Are you refinancing now?
Replies: 73
Views: 6873

Re: Are you refinancing now?

+1 on the spread between the 15 and 30 being low....there is almost no incentive, interest-wise to pick a 15year.

I have 12 years left on my 15 year fixed @ 2.875%....I doubt it will make sense for me to refinance anytime soon, if ever.
by alter
Thu Aug 15, 2019 9:03 am
Forum: Personal Consumer Issues
Topic: Skunks keep coming in our yard!
Replies: 44
Views: 3063

Re: Skunks keep coming in our yard!

Now am in the process of ordering a cage and will end up having to euthanize them once caught. How will you deal with a skunk in a trap without being sprayed? How will you "euthanize" without cruelty? Even though these are varmints there are legal (and ethical) issues, and I know someone who found ...
by alter
Wed Aug 14, 2019 4:05 pm
Forum: Personal Consumer Issues
Topic: Skunks keep coming in our yard!
Replies: 44
Views: 3063

Re: Skunks keep coming in our yard!

I have this exact same problem right now and nothing I tried worked, ammonia, mothballs, lemon juice, pepper spray, and commercial powder that is supposed to repel them. I even tried a sonic device and they still cone in the yard and dig under my stairs. So I ended up having to apply for and be gran...
by alter
Tue Aug 06, 2019 7:02 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 114
Views: 10783

Re: Amazon Prime - Value?

I dropped Netflix due to FireTV/prime video. That alone made it worth it to me. I also average more than 1 Amazon order per week, (use the Amazon credit card to get 5% cash back on Amazon purchases) and use the other benefits as well so I would probably remain a prime member even if the price doubled.
by alter
Sat Aug 03, 2019 7:22 pm
Forum: Personal Consumer Issues
Topic: Insane to buy a sports car?
Replies: 215
Views: 10666

Re: Insane to buy a sports car?

I can't afford a sports car and don't have the extra garage space anyway so I bought a $7k motorcycle that will accelerate almost as fast as those sports cars ;). But if I had the means I would buy the car..... there are a lot worse things to spend money on.
by alter
Thu Aug 01, 2019 8:27 pm
Forum: Personal Investments
Topic: Pay off $17k student loan or max out 401k this year?
Replies: 48
Views: 3254

Re: Pay off $17k student loan or max out 401k this year?

Max the 401k, without question. You will likely earn more in investments than the student loan interest rate, not to mention the taxes you will save. Each dollar invested into the 401k is only costing you around $.75 (or so), which is then free to compound tax-free your entire career. If the interes...
by alter
Thu Aug 01, 2019 7:56 pm
Forum: Investing - Theory, News & General
Topic: New Morningstar charts - so frustrating
Replies: 10
Views: 920

Re: New Morningstar charts - so frustrating

Morningstar in general is frustrating...Their new web page is horrible, but even using the old one is buggy. I type in a symbol name and then instead of just showing me the symbol it does a search for everything remotely similar then i have to click on the one rather than just typing in the symbol a...
by alter
Thu Aug 01, 2019 7:01 pm
Forum: Personal Consumer Issues
Topic: VOIP - what do you use?
Replies: 55
Views: 3779

Re: VOIP - what do you use?

I use Ooma. Paying 5 bucks a month is definitely worth it, it is the only number I give out for business/general use. My cell phone is only used for personal contacts.
by alter
Thu Aug 01, 2019 6:38 pm
Forum: Personal Investments
Topic: Can I find Happiness at TD Ameritrade?
Replies: 16
Views: 1160

Re: Can I find Happiness at TD Ameritrade?

I have accounts at TD Ameritrade although none of them were originally opened at TD. I had an account with ThinkorSwim because I wanted the flexibility to trade options and futures (didn't do a lot of it but wanted the ability to do so). They got acquired by TD. I also had accounts (rollover, Roth,...
by alter
Thu Aug 01, 2019 6:31 pm
Forum: Personal Investments
Topic: Can I find Happiness at TD Ameritrade?
Replies: 16
Views: 1160

Re: Can I find Happiness at TD Ameritrade?

I have my taxed brokerage account, HSA investment account, and Roth IRA at TDAmeritrade. And when I rollover my 401k it will go there too. Its nice to see all 3 accounts on same screen and they have plenty of options and features.
by alter
Thu Aug 01, 2019 4:21 pm
Forum: US Chapters
Topic: Chicagoland Master Thread
Replies: 40
Views: 10664

Re: Chicagoland Master Thread

I'd be interested in meeting...but I'm in NW Burbs...
by alter
Thu Aug 01, 2019 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 329
Views: 26505

Re: Social Security -- Take it at 62, 67 or 70

That was rational. Taking at 62 and investing all of it in VOO is going to beat every other option. It will also build up a small nest egg so when you die you'll be able to pass that onto family vs someone who just started collecting at 70, they pass zero on. Repeating this claim does not make it t...
by alter
Thu Aug 01, 2019 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 329
Views: 26505

Re: Social Security -- Take it at 62, 67 or 70

Claiming at 62 and investing all of it in VOO is going to beat every other option. The ones that say otherwise are more likely to die before collecting anywhere near as much. There is a 100% chance of dying and you don't control when. The smug guy waiting to collect at 70 might get hit by a drunk d...
by alter
Thu Aug 01, 2019 5:33 am
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 329
Views: 26505

Re: Social Security -- Take it at 62, 67 or 70

Claiming at 62 and investing all of it in VOO is going to beat every other option. The ones that say otherwise are more likely to die before collecting anywhere near as much. There is a 100% chance of dying and you don't control when. The smug guy waiting to collect at 70 might get hit by a drunk dr...
by alter
Wed Jul 31, 2019 10:04 pm
Forum: Personal Consumer Issues
Topic: What's your Uber passenger rating?
Replies: 118
Views: 6131

Re: What's your Uber passenger rating?

I have a 4.71 but now that I know I'm being rated, I'm going to start tipping less or not at all, and rating drivers a LOT lower if their car stinks, they use too strong of air freshener which 50% of them do, have weird plastic protectors layered over everything, and/or are listening to stupid musi...
by alter
Tue Jul 30, 2019 9:31 am
Forum: Personal Consumer Issues
Topic: What's your Uber passenger rating?
Replies: 118
Views: 6131

Re: What's your Uber passenger rating?

I have a 4.71 but now that I know I'm being rated, I'm going to start tipping less or not at all, and rating drivers a LOT lower if their car stinks, they use too strong of air freshener which 50% of them do, have weird plastic protectors layered over everything, and/or are listening to stupid music...
by alter
Fri Jul 19, 2019 6:51 pm
Forum: Personal Consumer Issues
Topic: Trip to Honolulu
Replies: 49
Views: 3104

Re: Trip to Honolulu

I recommend visiting the waterfalls and some of the less crowded beaches. Maybe take some surfing lessons. Do some snorkeling or a submarine tour.
by alter
Fri Jul 19, 2019 6:44 pm
Forum: Personal Consumer Issues
Topic: Do you buy cellphone outright or pay over 2 years?
Replies: 129
Views: 8260

Re: Do you buy cellphone outright or pay over 2 years?

The reason they offer 0% is they want to lock you into a contract for two years with fees if you break it. Plus often the phone you are financing is locked to their network so you cant use it on other networks even when the contract ends. They make most their profit off the plan, not the phone. I pa...
by alter
Thu Jul 18, 2019 7:43 pm
Forum: Investing - Theory, News & General
Topic: Why Warren Buffett makes Vanguard founder Jack Bogle feel like ‘one of the lucky ones’
Replies: 3
Views: 1077

Re: Why Warren Buffett makes Vanguard founder Jack Bogle feel like ‘one of the lucky ones’

Buffett would've never done something so altruistic himself. He probably would've tried to profit from it. Bogle is a true hero for what he did.
by alter
Thu Jul 18, 2019 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: If you own a sportfishing boat...when did you pull the trigger?
Replies: 18
Views: 1699

Re: If you own a sportfishing boat...when did you pull the trigger?

Sounds like you have an optional side job figured out for retirement, charter boat fishing guide...
by alter
Wed Jul 17, 2019 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Take the cash or the free dinner?
Replies: 72
Views: 6278

Re: Take the cash or the free dinner?

Take the cash. You don't know if the dinner is worse than a $10 steak you can grill at home. I routinely collect such bonuses. The skill of being completely immune to all high-pressure sales tactics is worth it's weight in gold. If you have this skill, you should exploit it as much as possible. Wai...
by alter
Wed Jul 17, 2019 5:51 pm
Forum: Personal Consumer Issues
Topic: Box wine- update and recommendations?
Replies: 73
Views: 5624

Re: Box wine- update and recommendations?

My daily wine is the Black Box Cabernet...also if you are a regular buyer, join their rewards club...the points add up quick and ive gotten a few visa gift cards just from buying wine I wouldve bought anyway.
by alter
Tue Jul 16, 2019 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Take the cash or the free dinner?
Replies: 72
Views: 6278

Re: Take the cash or the free dinner?

Take the cash. You don't know if the dinner is worse than a $10 steak you can grill at home. I routinely collect such bonuses. The skill of being completely immune to all high-pressure sales tactics is worth it's weight in gold. If you have this skill, you should exploit it as much as possible.
by alter
Mon Jul 15, 2019 10:38 pm
Forum: Personal Investments
Topic: VOO vs bonds
Replies: 62
Views: 3259

Re: VOO vs bonds

My VOO has returned about 27% since Dec 26th purchase....were the experts recommending bonds vs VOO before or after that point in time? I guess it doesn't matter to me, I'll still be buying VOO when every "expert" is demanding everyone buy bonds.
by alter
Mon Jul 15, 2019 6:31 pm
Forum: Personal Consumer Issues
Topic: Ring video doorbell 2
Replies: 8
Views: 1281

Re: Ring video doorbell 2

I will just say Im very happy with the ring2, it exceeds my expectations, and the neighborhood alerts is a bonus if you sign up for cloud. I prepaid the year in advance and then its cheaper...only like $20 if i recall. But i went ahead and ordered the whole house ring alarm system and am planning on...
by alter
Sat Jul 13, 2019 9:30 am
Forum: Personal Consumer Issues
Topic: How to park in northern Europen countries?
Replies: 29
Views: 2173

Re: How to park in northern Europen countries?

Not sure how they could claim it's illegal. The radio stations broadcast the locations of the blitzers all the time, so if that is legal, can't see how an app that does the same is illegal. Instead of armchair lawyering, I'd recommend just googling it: https://en.wikipedia.org/wiki/Radar_detector#L...
by alter
Fri Jul 12, 2019 2:14 pm
Forum: Personal Consumer Issues
Topic: How to park in northern Europen countries?
Replies: 29
Views: 2173

Re: How to park in northern Europen countries?

As an American tourist, I've gotten 3 speeding tickets in Germany and one in Switzerland. They werent that much money, fortunately. Watch out for the "blitzers". The traffic cameras. Get an app that lists where they are to give a warning. Those apps are of dubious legality (yet to be determined in ...
by alter
Fri Jul 12, 2019 12:02 pm
Forum: Personal Consumer Issues
Topic: How to park in northern Europen countries?
Replies: 29
Views: 2173

Re: How to park in northern Europen countries?

As an American tourist, I've gotten 3 speeding tickets in Germany and one in Switzerland. They werent that much money, fortunately. Watch out for the "blitzers". The traffic cameras. Get an app that lists where they are to give a warning.
by alter
Fri Jul 12, 2019 11:25 am
Forum: Personal Consumer Issues
Topic: Should I Buy a Motorcycle?
Replies: 59
Views: 2927

Re: Should I Buy a Motorcycle?

I bought a brand new Yamaha MT-07 (similar naked bike style as the one you're considering)...even though financially it didn't make sense, it has allowed me to keep my sanity and is tons of fun. Insurance is cheap, 20 bucks a month, and it gets like 50mpg so when commuting it actually saves quite a ...
by alter
Sun Jul 07, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Does saving 20% towards retirement starting in your twenties allow you to retire early?
Replies: 144
Views: 14230

Re: Does saving 20% towards retirement starting in your twenties allow you to retire early?

The topic of stocks compounding or not has come up before, and it's a distinction without a difference. While there may not be a difference once "compound" rate of returns is calculated a posteriory, a priory it is the difference between a mathematical certainty and an aspirational goal. There are ...
by alter
Sun Jun 23, 2019 8:11 pm
Forum: Personal Investments
Topic: Does anyone own gold?
Replies: 108
Views: 11538

Re: Does anyone own gold?

Yep but only physical gold and silver coins and bars.
by alter
Sun Jun 23, 2019 5:50 pm
Forum: Personal Investments
Topic: Reinvesting Dividends or no
Replies: 41
Views: 4994

Re: Reinvesting Dividends or no

I reinvest almost all dividends. In taxed accounts too. Tax-free municipal bond fund dividends are obviously best held in taxed accounts.
by alter
Sun Jun 23, 2019 5:46 pm
Forum: Personal Consumer Issues
Topic: Do you Casino? What do you play? Have you won?
Replies: 82
Views: 5298

Re: Do you Casino? What do you play? Have you won?

Craps and blackjack. Best odds in casino
by alter
Wed Jun 05, 2019 7:55 pm
Forum: Personal Consumer Issues
Topic: Solar - when replacing roof?
Replies: 45
Views: 3178

Re: Solar - when replacing roof?

What I posted was accurate info around here. The quality of the panels and inverters are the same whether you lease or buy. I was responding to your inaccurate post that leases use better products than buyers. That's humorous. Leasing companies around here are much less interested in quality of the...
by alter
Wed Jun 05, 2019 8:58 am
Forum: Personal Consumer Issues
Topic: Solar - when replacing roof?
Replies: 45
Views: 3178

Re: Solar - when replacing roof?

Your comment about leasing have some wonderful beautiful efficient system vs the old crummy purchased ones is ridiculous. Around here the leasing companies are throwing up panels on any roof regardless of the design for efficiency, sun exposure, etc. Almost brain dead throw them up as fast as possi...
by alter
Tue Jun 04, 2019 7:19 pm
Forum: Personal Consumer Issues
Topic: Solar - when replacing roof?
Replies: 45
Views: 3178

Re: Solar - when replacing roof?

Leasing is not much different than buying, just a different amount paid up front and contract which you can buy out at any time. If you would have no problem buying a house with used panels, then it makes zero sense to not buy a house with leased panels. You just tell the buyer to buy out the lease ...
by alter
Tue Jun 04, 2019 2:32 pm
Forum: Personal Investments
Topic: Is Investing in Roth IRA worth it?
Replies: 21
Views: 2296

Re: Is Investing in Roth IRA worth it?

Roths are not subjected to RMD so all other things being equal , Roth is superior to Traditional for long term growth. All taking a required minimum distribution does is convert pre-tax money to post-tax money. One isn't required to spend it. One can invest it, taking tax efficiency into account ac...
by alter
Tue Jun 04, 2019 1:36 pm
Forum: Personal Consumer Issues
Topic: Solar - when replacing roof?
Replies: 45
Views: 3178

Re: Solar - when replacing roof?

Concerning your point on leasing panels I agree. When shopping for homes about 6 months ago we specifically would not visit homes that had solar leases. Under no circumstances would I buy a house with a solar lease. Based on what I heard it depresses the value of a home. A huge negative. This makes...
by alter
Mon Jun 03, 2019 8:19 pm
Forum: Personal Investments
Topic: Is Investing in Roth IRA worth it?
Replies: 21
Views: 2296

Re: Is Investing in Roth IRA worth it?

Roths are not subjected to RMD so all other things being equal, Roth is superior to Traditional for long term growth.
by alter
Mon Jun 03, 2019 8:04 pm
Forum: Investing - Theory, News & General
Topic: Convince me to sell ESPP / Company Stock
Replies: 22
Views: 1234

Re: Convince me to sell ESPP / Company Stock

I own a ton of company stock in my 401k and will never sell it. I know its not a boglehead thing, but I have a higher retirement savings amount than average for my age, and consider that part of my portfolio speculation.I just adjust my future contributions. Before you decide anything, please factor...
by alter
Mon Jun 03, 2019 6:14 pm
Forum: Personal Consumer Issues
Topic: Solar - when replacing roof?
Replies: 45
Views: 3178

Re: Solar - when replacing roof?

I'm in the process of getting solar right now....also just replaced my roof. For me, I'm going with a solar lease, since I do not know how long I'll stay here, and I didn't want any out of pocket expense, and I'm not worried about someone not buying the house due to solar panels. Also, 2 more motiva...