Search found 377 matches

by roflwaffle
Tue Feb 20, 2018 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Ins. Drop Comprehensive and Collision?
Replies: 13
Views: 856

Re: Auto Ins. Drop Comprehensive and Collision?

I would shop around before dropping coverage. DW's car is worth maybe $12k-$14k according to KBB (dealer/PP), and we pay $5/month for zero deductible comprehensive and $20/month for collision with a $1000 deductible. My old Honda Insight (maybe worth a few grand) is $3/month for $0 comprehensive and...
by roflwaffle
Fri Feb 02, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1265432

Re: U.S. stocks in freefall

My 401K contribution goes in tomorrow. This is awesome news! If it's troubled water ahead, just be careful what you wish for. Nope, not worried. Stay the course. I have a 50-year horizon. If it dropped 50% tomorrow and I lost my job, we’d still be fine for years. I'm admittedly a total novice, but ...
by roflwaffle
Thu Feb 01, 2018 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Help! Insurance company wants new roof after closing!
Replies: 20
Views: 3071

Re: Help! Insurance company wants new roof after closing!

I'd push them on what specifically needs repair. It's reasonable for an insurer to point out defects and request they be fixed, which in my experience they do to cover themselves, but requiring replacement of the whole roof seems extreme unless it's literally falling apart.
by roflwaffle
Thu Feb 01, 2018 11:32 am
Forum: Personal Consumer Issues
Topic: Is this new car the smarter option?
Replies: 24
Views: 1643

Re: Is this new car the smarter option?

I believe I have spent less purchasing used vehicles and driving them a *lot, but the big caveat is that I also go out of my way to do my own maintenance. If I didn't do that, I likely would have purchased a new vehicle by now.

*I have yet to sell/junk a car, but I probably should at this point.
by roflwaffle
Thu Feb 01, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Quit jobs to gain lower EFC [Expected Family Contribution]
Replies: 110
Views: 8620

Re: Quit jobs to gain lower EFC [Expected Family Contribution]

OP, what's net your net per hour, including time spent getting ready for work/commuting? That IMO is a clearer metric than gross. Combined, my wife and I work about 2,325 hours/year and will gross about 150k this past year. Net about $52/hour before commuting and getting ready. If you add in that t...
by roflwaffle
Wed Jan 31, 2018 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: Quit jobs to gain lower EFC [Expected Family Contribution]
Replies: 110
Views: 8620

Re: Quit jobs to gain lower EFC [Expected Family Contribution]

OP, what's net your net per hour, including time spent getting ready for work/commuting? That IMO is a clearer metric than gross. Combined, my wife and I work about 2,325 hours/year and will gross about 150k this past year. Net about $52/hour before commuting and getting ready. If you add in that t...
by roflwaffle
Fri Jan 26, 2018 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Quit jobs to gain lower EFC [Expected Family Contribution]
Replies: 110
Views: 8620

Re: Quit jobs to gain lower EFC [Expected Family Contribution]

OP, what's net your net per hour, including time spent getting ready for work/commuting? That IMO is a clearer metric than gross.
by roflwaffle
Wed Jan 17, 2018 10:51 pm
Forum: Investing - Theory, News & General
Topic: CAPE Fear: Why CAPE Naysayers Are Wrong
Replies: 125
Views: 10421

Re: CAPE Fear: Why CAPE Naysayers Are Wrong

I believe that the CAPE is currently around 33.27; apart from that, what is there to "believe"? The US equity market is going to be disappointing relative to what ? How do you plan on using this information? If one were only to buy when CAPE is below the mean, the only buying window they'd have had...
by roflwaffle
Tue Jan 16, 2018 4:25 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets equities went sideways for 50 years 1920-70
Replies: 24
Views: 2165

Re: Emerging Markets equities went sideways for 50 years 1920-70

Two world wars and a bunch of smaller wars will do that, among other things. Hopefully things stay calm for the next century or few. :beer
by roflwaffle
Fri Jan 05, 2018 11:09 pm
Forum: Investing - Theory, News & General
Topic: DOW breaks 25,000 for first time ever
Replies: 55
Views: 5637

Re: DOW breaks 25,000 for first time ever

Huh, the S&P versus GDP since 2000 is pretty close, so this isn't economy wide. Could some investors be betting on DJI company share buybacks because the tax rate for repatriated off-shore earnings dropped from 35% to 8-15%?
by roflwaffle
Fri Dec 22, 2017 12:22 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1265432

Re: U.S. stocks in freefall

Does anyone publish currency weighted (I think?) versions of major indices? For instance, if the S&P 500 is up 2% since January first, but the dollar compared to some basket of currencies is down 10%, would that represent a currency weighted 8% decline?
by roflwaffle
Fri Dec 22, 2017 12:09 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 267
Views: 18695

Re: Do people still use AAA?

So I just investigated and I can get State Farm Emergency Roadside Assistance coverage for $4.60 every 6 months. So on 2 cars, for a year, $18. So could easily drop my wife off AAA (it is $30 for her piece) and save a few bucks. Then I question the value of spending $58 for myself to keep AAA just ...
by roflwaffle
Wed Dec 20, 2017 2:31 am
Forum: Personal Consumer Issues
Topic: solar power generation
Replies: 9
Views: 1131

Re: solar power generation

I second solarpaneltalk. I imagine the most variability is in off-grid inverter lifespan/reliability, but I can't speak to that. On the plus side, PV panels are relatively inexpensive. For power at night, I'd go with Tesla's Powerwall because it seems to be the least expensive warrantied battery sto...
by roflwaffle
Tue Dec 19, 2017 6:02 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 267
Views: 18695

Re: Do people still use AAA?

I still use AAA Premium. I imagine their towing/lock out services have decent competition, and I wouldn't be surprised to see similar benefits for less money if I just looked at that. At the same time, having some DMV services available without having to go to a DMV office is great, and their Premiu...
by roflwaffle
Thu Dec 14, 2017 11:32 pm
Forum: Personal Consumer Issues
Topic: Need to find a Used/Refurbished Macbook Air
Replies: 24
Views: 1276

Re: Need to find a Used/Refurbished Macbook Air

Bestbuy at times has coupons for 13" Macbook Airs, which put the prices for them around $700/$850 for the 128gb/256gb models. I bought a 2013 MBA for my wife a few years ago for I think $630, but that was when they accepted their 10% coupons on MBA purchases.
by roflwaffle
Wed Dec 06, 2017 11:12 am
Forum: Personal Consumer Issues
Topic: Why are so many Chinese visiting my website?
Replies: 24
Views: 5963

Re: Why are so many Chinese visiting my website?

You are being probed for vulnerabilities. Keep your OS, servers and firewalls patched; you might be able to configure your firewall / border network to reject IP ranges coming from locations you have no interest in reaching. + 1 +2 When I had SSH up and open to the net on my little web server at ho...
by roflwaffle
Fri Dec 01, 2017 11:55 am
Forum: Personal Consumer Issues
Topic: Older Software Engineer Advice ~ Languages?
Replies: 41
Views: 3525

Re: Older Software Engineer Advice ~ Languages?

I'm a BSA, and I mostly work in Python/TSQL with some tinkering in Java, most for Drools (BRMS). My megacorp is mostly a C# shop because of our ties to MS, and in the past I would peruse the source to try to figure some stuff out. From a practical point of view, I would start with something like Ros...
by roflwaffle
Thu Nov 30, 2017 3:58 pm
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 142
Views: 9522

Re: Tesla truck unveil

I am not really up to your science. And the use of non-SI measurements like pounds makes my head hurt. Do American engineers really think in those units? (rhetorical question) Nonetheless I appreciate the level and quality of the debate. Whether this thing is actually practical. Haha, I have no clu...
by roflwaffle
Tue Nov 28, 2017 2:05 am
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 142
Views: 9522

Re: Tesla truck unveil

My 11,000lb estimate was based only on the cells. You can't actually make a battery pack by dumping a few thousand cells on a truck with no supporting structure, wiring, and cooling. I stayed unrealistically low to give Tesla the benefit of doubt. The Model S pack weighs almost twice as much as the...
by roflwaffle
Mon Nov 27, 2017 9:20 pm
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 142
Views: 9522

Re: Tesla truck unveil

My 11,000lb estimate was based only on the cells. You can't actually make a battery pack by dumping a few thousand cells on a truck with no supporting structure, wiring, and cooling. I stayed unrealistically low to give Tesla the benefit of doubt. The Model S pack weighs almost twice as much as the...
by roflwaffle
Mon Nov 27, 2017 3:37 pm
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 142
Views: 9522

Re: Tesla truck unveil

My 11,000lb estimate was based only on the cells. You can't actually make a battery pack by dumping a few thousand cells on a truck with no supporting structure, wiring, and cooling. I stayed unrealistically low to give Tesla the benefit of doubt. The Model S pack weighs almost twice as much as the...
by roflwaffle
Mon Nov 27, 2017 3:32 pm
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 142
Views: 9522

Re: Tesla truck unveil

Teslas gross margin has dropped in the last year from 25% to 18%. This an astronomical drop in margin and should cause concern. I would expect a high runner like the 3 to have an even lower margin. That should be from ramping up SG&A for the Model 3 launch. I doubt they could increase production by...
by roflwaffle
Mon Nov 27, 2017 11:49 am
Forum: Investing - Theory, News & General
Topic: CNBC says Vanguard says 70% Chance of "Correction"
Replies: 63
Views: 8256

Re: CNBC says Vanguard says 70% Chance of "Correction"

So if the current risk of a correction is 30% higher than the typical risk over the past few decades, that puts the typical risk at ~50%. On the other hand, the S&P 500 seems to have more positive years than negative ones. http://www.icmarc.org/prebuilt/apps/downloadDoc.asp Is there something else a...
by roflwaffle
Mon Nov 27, 2017 11:32 am
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 142
Views: 9522

Re: Tesla truck unnveil

Currently Tesla is a $50B company with about $11B revenue per year with high potential to triple their revenue in the next 2 years. If they choose to not turn a profit in order to increase market share/EV adoption I'm perfectly OK with that. And GM is a company that has 15x that revenue ($166 Billi...
by roflwaffle
Wed Nov 22, 2017 9:46 pm
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 142
Views: 9522

Re: Tesla truck unveil

$250K for founders edition (sold out) $250K reservation fee Tesla took deposit on 1000 founders editions. That is cool quarter Billion dollar cash collected by Tesla without having to deliver anything but just a dream! Tell me any other company which can do that. To be fair, they had to deliver on ...
by roflwaffle
Wed Nov 22, 2017 2:21 pm
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 142
Views: 9522

Re: Tesla truck unnveil

As an engineer with some experience with commercial vehicles, I'd like to know his battery specs then. Doing an energy comparison with a 40% thermal efficiency diesel getting 6mpg, a 95% efficient electric truck would need a 1430 kWh battery. With the best lithium ion cells I know of in mass produc...
by roflwaffle
Tue Nov 21, 2017 12:11 pm
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 108
Views: 9555

Re: Has used furniture dropped in value dramatically?

This whole thread is making me reconsider my thoughts on expensive sofas. Do I really need the "eight way hand tied" sofa with kiln dried hardwood frame for 2x or 3x the cost of an adequate sofa? Justifying that quality furniture "holds its value" isn't really good enough, plus I will end up stress...
by roflwaffle
Mon Nov 20, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: Recommend a daily driver
Replies: 43
Views: 2277

Re: Recommend a daily driver

Used plug-in Prius. :beer
by roflwaffle
Thu Nov 16, 2017 12:20 pm
Forum: Investing - Theory, News & General
Topic: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.
Replies: 58
Views: 6512

Re: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.

The only thing I can think of as missing is investor behavior. If someone can go for a long time without touching/altering their investments, then this approach suits them. If they aren't very good at anticipating their financial needs prior to retirement and/or have a decent chance of getting spook...
by roflwaffle
Thu Nov 09, 2017 12:04 pm
Forum: Personal Consumer Issues
Topic: Car battery?
Replies: 53
Views: 3965

Re: Car battery?

I usually head down to the junkyard and find the biggest and newest battery that will fit. In my experience I get about 80% of the life for 20-30% of the cost. Unfortunately, I haven't been able to do this with my hybrids because the smaller auxiliary batteries are harder to find. I also had a bad e...
by roflwaffle
Thu Nov 09, 2017 11:57 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37453

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

To be very fair, the person owning Tesla S is NOT of the type to drive the vehicle for 300-400K. He probably upgrades it in few short years to newer and fancier model. In this it's reasonable in the context of the TCO for someone who owns another type/brand of car for several hundred thousand miles...
by roflwaffle
Wed Nov 08, 2017 3:17 pm
Forum: Personal Consumer Issues
Topic: DIY vs work extra and pay a pro
Replies: 37
Views: 3117

Re: DIY vs work extra and pay a pro

You might be losing money in that sense, depending on your after tax income, how much it costs you to go to work (time and transportation costs if applicable), and how much someone would charge you. To further complicate things, there may be value in learning how to do new things.
by roflwaffle
Mon Nov 06, 2017 11:39 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37453

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

To be very fair, the person owning Tesla S is NOT of the type to drive the vehicle for 300-400K. He probably upgrades it in few short years to newer and fancier model. In this it's reasonable in the context of the TCO for someone who owns another type/brand of car for several hundred thousand miles...
by roflwaffle
Fri Nov 03, 2017 11:28 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37453

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

Let's see, 3 vehicles with 220-250K miles build before year 2000 1 vehicle built 5 years ago with approx 60K miles probably worth between 15-20K Let us round up all to about $23K for all of them. The metric will go out the window with the Tesla purchase! Hmmm... I wonder about that. Not in terms of...
by roflwaffle
Wed Nov 01, 2017 6:11 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37453

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

$59k gets you the 3 Long Range (LR), with the Premium package (PP), autopilot, and FSD (eventually, maybe). The difference's you're seeing are because the 3 LR has more range (310+ miles compared to 238 miles), is faster (0-60 in 5.1s versus 6.3s), and has auto-pilot/FSD. The base 3 ($35k) with the...
by roflwaffle
Wed Nov 01, 2017 6:04 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37453

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

Financially, we can afford the $60K price tag. What percent of your net worth are all your vehicles including this hypothetical purchase? We're at .9% but a Tesla would throw off this metric for us, which is a metric I'm quite proud of. If it's a tiny fraction of your worth, what does it matter... ...
by roflwaffle
Wed Nov 01, 2017 4:06 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37453

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

But compare a generic EV to a generic ICE. So it doesn't use gas, big deal. What is so special that once I experience it, I'll never go back? Based on my wife's experience driving a Model X for a few days, it's hard to find the same combination of handling, ride quality, safety, acceleration, and m...
by roflwaffle
Wed Nov 01, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37453

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

But compare a generic EV to a generic ICE. So it doesn't use gas, big deal. What is so special that once I experience it, I'll never go back? Based on my wife's experience driving a Model X for a few days, it's hard to find the same combination of handling, ride quality, safety, acceleration, and m...
by roflwaffle
Wed Nov 01, 2017 3:16 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37453

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

I would cancel. That is too much money to pay for an unproven model in it's first year of production. +1 I think the Nissan Leaf is the smart buy for this type of run around town vehicle. YMMV. A car with a 240 mile range is not just a run-around-town vehicle. A Bolt for example is a much better va...
by roflwaffle
Wed Nov 01, 2017 11:35 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 460
Views: 37453

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

I understand the reluctance to pay up for an EV. I owned ICE vehicles for very close to 50 years. I will never purchase another one. I am lucky enough to have the means to purchase a Tesla, but if I didn't, I would find a way to purchase a different EV. I think it would be interesting to see how ma...
by roflwaffle
Thu Oct 26, 2017 12:04 pm
Forum: Personal Consumer Issues
Topic: DMV Registration Fee in California
Replies: 8
Views: 1059

Re: DMV Registration Fee in California

It's the sunshine tax, I don't even think about it any more. I'm stuck out here for a while. (Will move to TX/ID/AZ/UT someday...) And get ready for more gasoline taxes starting Nov 1! http://www.latimes.com/politics/la-pol-sac-gas-tax-signing-20170428-story.html I've run the numbers on TX taxes, a...
by roflwaffle
Mon Oct 16, 2017 3:58 pm
Forum: Personal Consumer Issues
Topic: Is Florida Over, 2017
Replies: 48
Views: 6400

Re: Is Florida Over, 2017

I know we have this discussion every now and then, but as I review past threads, and think about this summer, I feel like it's time to ask again: would you move to Florida or invest in Florida real estate? Because I have a property in Sarasota, a lot I wanted to build something on, and I was workin...
by roflwaffle
Mon Oct 16, 2017 3:48 pm
Forum: Personal Consumer Issues
Topic: Is Florida Over, 2017
Replies: 48
Views: 6400

Re: Is Florida Over, 2017

isnt inland (orlando) much safer from hurricanes? Not really. Orlando's been hit pretty hard. People in California have managed to deal with the earthquake situation. I think our building codes are similarly effective at hurricanes. Personally, I have never been affected or known anyone that was af...
by roflwaffle
Mon Oct 16, 2017 2:39 pm
Forum: Personal Consumer Issues
Topic: What do you buy in Asian food stores?
Replies: 86
Views: 6446

Re: What do you buy in Asian food stores?

Ditto on the fresh fruits/veggies at the local Korean grocer, Zion Market. The prices are sometimes low enough (10-20 cents/lb) for me to seriously consider canning. I haven't yet, but I plan to. :beer
by roflwaffle
Fri Oct 13, 2017 11:12 am
Forum: Investing - Theory, News & General
Topic: Jumbo 30mo CD 2.78%
Replies: 5
Views: 2000

Re: Jumbo 30mo CD 2.78%

Looks like it's only for some Tampa zip codes, or if you have family members with a membership, but those are great rates.
by roflwaffle
Fri Oct 13, 2017 10:55 am
Forum: Investing - Theory, News & General
Topic: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston
Replies: 35
Views: 6753

Re: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston

True ownership is a bit of an illusion. If my home can be dispossessed if i fail to pay property taxes in the same way I can be evicted if i fail to pay rent, then for me the proper consideration is compare whether the additional rights i get from homeownership are worth the additional risks. And I...
by roflwaffle
Thu Oct 12, 2017 10:32 am
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 1002
Views: 176910

Re: Tesla S

Read an article today. A little scary. http://www.msn.com/en-us/money/companies/tesla-is-struggling-to-build-the-model-3-%e2%80%94-heres-why/ss-AAt1Jfk?ocid=spartandhp#image=1 Of course it's scary... it's the point I was trying to make over in the Personal Finance forum about Tesla being a lottery ...
by roflwaffle
Wed Oct 11, 2017 7:40 pm
Forum: Investing - Theory, News & General
Topic: Offensive Valuations
Replies: 45
Views: 4642

Re: Offensive Valuations

Don't forget about after tax P/E. It's not just how much your investments earn, but how much of those earnings you can keep.
by roflwaffle
Wed Oct 11, 2017 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 16866

Re: [Boglehead vs Mr Money Mustache philosophies]

In my view, MMMianism focuses on minimizing consumption and maximizing savings/investment to minimize the time before someone has enough assets to retire. BHianism also focuses on minimizing consumption and maximizing savings/investment, but the goal here is to insure you have sufficient assets to s...
by roflwaffle
Tue Oct 10, 2017 1:30 pm
Forum: Personal Consumer Issues
Topic: 2017 Honda Accord Hybrid EX-L???
Replies: 15
Views: 1264

Re: 2017 Honda Accord Hybrid EX-L???

I'd run the numbers before you do anything else. Which vehicle would you replace? How much could you get for that vehicle? (I'd just ask carmax for an offer) Over the next however many years.. How much would you save on gas (fueleconomy.gov)? How much would you save in brake maintenance/repairs (Thi...