Search found 3838 matches

by greg24
Thu Sep 24, 2020 10:51 am
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 195
Views: 12141

Re: A simpler car.

I am an old guy and I have bought both new and used cars over the years. Your post reminds me that for me by far the best value is to buy a new car, take good care of it and drive it for a minimum of 10 years and 150,000 miles. Then rinse and repeat when the repair bills begin to mount. +999999999 ...
by greg24
Wed Sep 23, 2020 9:09 pm
Forum: Personal Investments
Topic: Fidelity Zero funds vs Vanguard performance
Replies: 38
Views: 4026

Re: Fidelity Zero funds vs Vanguard performance

There is little differentiation on costs for index funds nowadays.

I know young people entering the world, and investing should be on their short-term horizons.

Given how difficult it is to work with Vanguard, I think I would direct them to Fidelity and their zero index funds.
by greg24
Sun Aug 30, 2020 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: What do Americans really do about cable and homeowners insurance?
Replies: 51
Views: 4457

Re: What do Americans really do about cable and homeowners insurance?

My cable company Mediacom makes us sign a two year "contract", which goes up in price at the end of year one. So I call at the end of year one, renegotiate and sign a new contract, and have to call back again next year. So, having to call every year now, I've developed a good plan. When the bill goe...
by greg24
Fri Aug 28, 2020 9:36 am
Forum: Personal Investments
Topic: New Fed Policy on Inflation, Impact to Common Bond Funds
Replies: 4
Views: 606

Re: New Fed Policy on Inflation, Impact to Common Bond Funds

The Fed is wishing for inflation, but probably doesn't have the tools to create it.

Don't believe the hype.
by greg24
Fri Aug 28, 2020 7:40 am
Forum: Personal Investments
Topic: Asset Allocation for 47 year old
Replies: 25
Views: 2247

Re: Asset Allocation for 47 year old

I am the same age as you. We were doing age in bonds (which is now considered a conservative allocation) until we hit 40, but at that point, sticking with age in bonds seemed like too much in bonds. We've been at 60/40 since turning 40, and are going to stick with 60/40 for the foreseeable future, m...
by greg24
Thu Aug 27, 2020 9:46 am
Forum: Investing - Theory, News & General
Topic: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]
Replies: 176
Views: 17863

Re: Prime Money Market Changing to Cash Reserves Federal Money Market

What does this mean for the little guy? I used to like having checkwriting on my PMM account, but we have rarely used it, so we'll drop it for admiral shares.

Instead of just going to the new Cash Reserves fund, should I consider one of their other MM funds? The Treasury MM Fund VUSXX is reopening.
by greg24
Tue Aug 04, 2020 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 571
Views: 87624

Re: Losing a job in your 50's...

https://gizmodo.com/baby-boomers-are-experiencing-greater-cognitive-decline-1844606699 Baby Boomers Are Experiencing Greater Cognitive Decline Than Previous Generations, Study Fi Baby boomers are experiencing a sharper drop in cognitive function as they age, relative to previous generations. The fi...
by greg24
Fri Jul 31, 2020 5:39 pm
Forum: Personal Consumer Issues
Topic: Toyota RAV4 Gas vs Hybrid?
Replies: 64
Views: 3404

Re: Toyota RAV4 Gas vs Hybrid?

We have run into the filling issue. Everyone on the internet tells me they can fill it about 75% full. Ours fills to just below the Full line. Obviously its not full, but I'd guess 80-85% full. Doesn't matter either way for us. We did receive a mailing basically telling us they'll do a recall someda...
by greg24
Fri Jul 31, 2020 5:34 pm
Forum: Personal Consumer Issues
Topic: What precautions are other universities taking?
Replies: 26
Views: 1379

Re: What precautions are other universities taking?

U of Iowa is limiting in-person classes to 50 people or less, with a main focus on labs and similar classes. De-densifying the dorms, which is easier this year with reduced enrollment. Limiting cafeteria time, to-go meal options, etc. Everyone on campus needs to wear a mask. My niece is starting as ...
by greg24
Thu Jul 30, 2020 3:44 pm
Forum: Investing - Theory, News & General
Topic: Ridiculously Misleading Headline About the Q2 GDP
Replies: 28
Views: 2278

Re: Ridiculously Misleading Headline About the Q2 GDP

It’s completely misleading the way it was widely reported. Any casual reading which is what 90% of the target audience does would lead to the conclusion that our economic output was one third lower on the quarter than prior. Did the “casual reading” lead to misunderstanding in the past? Because not...
by greg24
Thu Jul 30, 2020 2:18 pm
Forum: Personal Consumer Issues
Topic: Toyota RAV4 Gas vs Hybrid?
Replies: 64
Views: 3404

Re: Toyota RAV4 Gas vs Hybrid?

Is hybrid not an issue in cold weather climates? Doesn't the battery discharge quicker in cold weather? All engines get worse mileage in cold weather. I have found that our Prius and Rav4 show percentage drops that compare to ICE vehicles. The Prius actually seems to fare better than ICE vehicles.
by greg24
Thu Jul 30, 2020 12:06 pm
Forum: Personal Consumer Issues
Topic: Toyota RAV4 Gas vs Hybrid?
Replies: 64
Views: 3404

Re: Toyota RAV4 Gas vs Hybrid?

Regarding hybrid versus gas only RAV4s, the dealers around me were asking and apparently getting MSRP for the hybrids RAV4s. They are a very popular vehicle. Discounts were much more common on the gas only versions. From a purely financial perspective, the OTD price difference between the gas only ...
by greg24
Wed Jul 29, 2020 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: on emailing car dealers
Replies: 14
Views: 1484

Re: on emailing car dealers

I use gmail for my regular account. If I mark someone as spam, I never see them again.
by greg24
Fri Jul 24, 2020 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: struggling to get a mortgage
Replies: 85
Views: 7678

Re: struggling to get a mortgage

smoothnobody wrote: Fri Jul 24, 2020 5:08 pmi want to play the game.
You keep saying this. Do you really mean it?

Mortgage lenders want to see consistent income. Make that happen.

If you want to play the game, you have to play by their rules. Income.
by greg24
Thu Jul 23, 2020 1:01 pm
Forum: Personal Consumer Issues
Topic: iPhone upgrade?
Replies: 37
Views: 2959

Re: iPhone upgrade?

Buy an SE2. Great phone for a great price.
by greg24
Thu Jul 23, 2020 11:25 am
Forum: Investing - Theory, News & General
Topic: 3% FDIC insured savings...too good to be true?
Replies: 29
Views: 7834

Re: 3% FDIC insured savings...too good to be true?

There are a lot of catches to make it difficult to earn a full 3%. https://www.hmbradley.com/product Once you set up a monthly direct deposit with us, you’ll start your journey in Savings Tier 3 (1.00%). Each new quarter you’ll earn interest with an APY rate based on your savings – no matter if you ...
by greg24
Wed Jul 08, 2020 3:41 pm
Forum: Personal Consumer Issues
Topic: drop Spectrum for over-the-air TV
Replies: 19
Views: 1085

Re: drop Spectrum for over-the-air TV

If you are looking for a free "cable" experience, try Pluto TV at https://pluto.tv/
by greg24
Tue Jul 07, 2020 9:35 am
Forum: Personal Finance (Not Investing)
Topic: 15 year or 30 year mortgage?
Replies: 104
Views: 7314

Re: 15 year or 30 year mortgage?

Go for the 30.

There is a very real chance that, two years from now, you'll refinance into a 15-year 2.0%.
by greg24
Tue Jul 07, 2020 9:28 am
Forum: Personal Consumer Issues
Topic: Time for a new car?
Replies: 41
Views: 2837

Re: Time for a new car?

I think you're at the point where you should replace the car. Auto sales have been very slow during the covid era. This may have translated into good deals, but I have no idea. I would recommend buying whatever car you need now. An 8 year old Corolla or Camry something like that. If the family comes...
by greg24
Sun Jul 05, 2020 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: To Escrow or not to Escrow-That is the question?
Replies: 24
Views: 1631

Re: To Escrow or not to Escrow-That is the question?

You'll gain a marginal financial benefit.

But I really preferred to have more control of my financial life, and was happy to get rid of escrow.

I always found it kind of weird that your mortgage holder pays your taxes and insurance on your behalf.
by greg24
Fri Jul 03, 2020 9:03 pm
Forum: Investing - Theory, News & General
Topic: CALPERS taking on leverage: Is leverage becoming more mainstream?
Replies: 25
Views: 1816

Re: CALPERS taking on leverage: Is leverage becoming more mainstream?

Does one example make an idea mainstream?

Show more work.
by greg24
Thu Jul 02, 2020 11:07 am
Forum: Personal Consumer Issues
Topic: Elementary school in Fall - choose Virtual or In-person
Replies: 120
Views: 8559

Re: Elementary school in Fall - choose Virtual or In-person

Thegame14 wrote: Thu Jul 02, 2020 9:38 amask the school how they can 100% guarantee he wont get covid-19, which I assume is impossible
That is impossible.

You can keep him home from school, and it is still impossible to 100% guarantee he'll never catch it.
by greg24
Wed Jul 01, 2020 1:47 pm
Forum: Personal Consumer Issues
Topic: Elementary school in Fall - choose Virtual or In-person
Replies: 120
Views: 8559

Re: Elementary school in Fall - choose Virtual or In-person

Data appears to show that transmission among children is low.

Our two teens being at home 100% of the time was a bad situation for their mental health.

This is bad for everyone. I'm tentatively in favor of in-class attendance in the fall.

Good luck to all.
by greg24
Thu Jun 25, 2020 1:11 pm
Forum: Personal Consumer Issues
Topic: iPhone 7 plus to iPhone 11 Pro: Poor battery life. Time to upgrade?
Replies: 65
Views: 2516

Re: iPhone 7 plus to iPhone 11 Pro: Poor battery life. Time to upgrade?

I'm on an iPhone SE, original battery is still going fine. The bigger issue is that my device no longer supports iOS updates and therefore some of the apps (such as Amazon/Whole Foods) will no longer run! :oops: If you like the SE, you should consider the SE2. Great phone for the price. There are g...
by greg24
Mon Jun 22, 2020 12:30 pm
Forum: Personal Consumer Issues
Topic: Windows 7 Extended Security Updates, to January 2023
Replies: 17
Views: 1397

Re: Windows 7 Extended Security Updates, to January 2023

The companies that purchase Windows OS extended support aren't doing it just because they don't want to upgrade some desktops.

They are running mission-critical systems on devices that can't be upgraded. ATMs, point of sale networks, automated manufacturing, etc.
by greg24
Wed Jun 17, 2020 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Parents in a tough situation for retirement
Replies: 117
Views: 13500

Re: Parents in a tough situation for retirement

The focus of their financial future should be Social Security. Working as long as possible, delaying their SS benefits as long as possible, increasing their 35 years of contributions as much as possible. They're always going to live paycheck to paycheck. They can't be trusted with savings. SS is a S...
by greg24
Mon Jun 15, 2020 5:24 pm
Forum: Personal Investments
Topic: Prior to vaccine, safeguard assets in bond index?
Replies: 20
Views: 1682

Re: Prior to vaccine, safeguard assets in bond index?

What if they never create a successful vaccine? Is 40/60 your new permanent AA?
by greg24
Mon Jun 08, 2020 10:47 pm
Forum: Personal Investments
Topic: A Player's Lament
Replies: 11
Views: 1092

Re: A Player's Lament

Your actual trades wouldn't have been nearly as perfectly timed as your mental trades.

:sharebeer
by greg24
Sat Jun 06, 2020 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Girlfriend paying rent
Replies: 107
Views: 10711

Re: Girlfriend paying rent

If she would normally be paying roughly $750 in rent elsewhere, then charging her $750 rent seems fair.
by greg24
Fri Jun 05, 2020 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need life insurance?
Replies: 27
Views: 1490

Re: Do I need life insurance?

but at $680 x 18 more years? I wouldn't view it as "18 more years". Take it a year at a time. Maybe your net worth continues to climb and you find it easy to drop the policy. Maybe your personal status changes (job loss, financial catastrophe, stuff just happens), and you'll be happy to have the po...
by greg24
Wed Jun 03, 2020 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Pros/cons of utilizing mortgage deferral
Replies: 56
Views: 2652

Re: Pros/cons of utilizing mortgage deferral

OP, this kind of program was designed for people in your situation. Don't feel any ethical issues about using it.
by greg24
Sat May 30, 2020 8:48 am
Forum: Investing - Theory, News & General
Topic: Big Winners Dominating Index Funds. So?
Replies: 4
Views: 595

Re: Big Winners Dominating Index Funds. So?

More accurately would be: "Big Winners Dominating Mutual Funds. So?"

The index reflects the market.
by greg24
Thu May 28, 2020 8:10 pm
Forum: Personal Investments
Topic: Overpay for the home we love?
Replies: 62
Views: 5039

Re: Overpay for the home we love?

You're debating 465 or 475. A 2.1% difference.

If you want the house, buy it.
by greg24
Wed May 27, 2020 6:08 pm
Forum: Investing - Theory, News & General
Topic: Why is the stock market up? [thread multi-merge]
Replies: 521
Views: 21547

Re: Why is the market soaring?

Animal spirits.
by greg24
Fri May 22, 2020 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 549
Views: 47102

Re: College in fall

In my opinion an undergraduate degree is primarily valuable as a signal to future employers/society and as a socialization/networking/country club period. I will be interested to see how the COVID crisis affects this market. I could see how a future shift toward online classes could lessen the "pre...
by greg24
Fri May 22, 2020 6:38 pm
Forum: Personal Investments
Topic: Has anyone ever used their Emergency Fund?
Replies: 92
Views: 7680

Re: Has anyone ever used their Emergency Fund?

The question seems to be written as if everyone has a separate account labeled "break glass in case of emergency!" We have an account with a bunch of cash. We use the account to get cash from the ATM, pay monthly bills, sometimes having higher bills such as when we decide to go on vacation, treat ou...
by greg24
Fri May 22, 2020 1:28 pm
Forum: Investing - Theory, News & General
Topic: The Taleb Asness 'debate' in the light of Bogleheads philosophy
Replies: 146
Views: 7473

Re: The Taleb Asness 'debate' in the light of Bogleheads philosphy

Yeah, I'm not questioning my investment philosophy based on a twitter argument.
by greg24
Fri May 22, 2020 12:10 pm
Forum: Personal Consumer Issues
Topic: Bicycle Recommendation?
Replies: 49
Views: 4692

Re: Bicycle Recommendation?

I would find a good local bike shop and buy whatever brands they carry and support. For me, that ended up being Trek.
by greg24
Thu May 21, 2020 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Employer cut 403b contribution to zero
Replies: 86
Views: 6321

Re: Employer cut 403b contribution to zero

During the Great Recession, my R1 employer had two years of a salary freeze and reduced our 403b match by 2%. We generally maximize how much we can reasonable save, so there wasn't much to do but just keep swimming. So far a salary freeze for next year has been announced. I'm anticipating a 403b mat...
by greg24
Tue May 19, 2020 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Car now provided by employer; get rid of one personal car?
Replies: 13
Views: 774

Re: Car now provided by employer; get rid of one personal car?

LittleMaggieMae wrote: Tue May 19, 2020 1:47 pm I'd guesstimate $250 for stickers/plates, $600 for insurance and then maybe $500 for maintenance (with some of that rolling over for future bigger expenses) so $125 a month in "savings" by not having a second car.
There would be some depreciation that should figure in.
by greg24
Tue May 19, 2020 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Is anyone holding off buying a home? Possible COVID-19 changes in the way we work...
Replies: 8
Views: 1262

Re: Is anyone holding off buying a home? Possible COVID-19 changes in the way we work...

Economic uncertainty may impact if I would buy a home or not. But the future of the workplace, particularly for an individual, is always uncertain. Any home purchase is a little risky in relation to your job. I do not think society will change in such dramatic ways that you should delay a home purch...
by greg24
Mon May 18, 2020 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 549
Views: 47102

Re: College in fall

U of South Carolina announced they are having on-campus classes, but will not return to campus after Thanksgiving. https://www.thestate.com/news/local/education/article242807331.html The decision to return to only a virtual classroom after Thanksgiving was made because the university’s models show a...
by greg24
Mon May 18, 2020 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: I work remote: Is buying a home away from a major city a major risk?
Replies: 39
Views: 4429

Re: I work remote: Is buying a home away from a major city a major risk?

If you're 58 and near retirement, no problem.

If you're 28 and just firing up, could be a problem.

I like to live where I want to live.
by greg24
Mon May 18, 2020 12:44 pm
Forum: Personal Investments
Topic: Governmental 457 safe?
Replies: 17
Views: 968

Re: Governmental 457 safe?

My benefit office says it is a governmental plan. Thank you all.
by greg24
Sun May 17, 2020 7:31 pm
Forum: Personal Investments
Topic: Governmental 457 safe?
Replies: 17
Views: 968

Re: Governmental 457 safe?

retired@50 wrote: Sun May 17, 2020 5:56 pm
greg24 wrote: Sun May 17, 2020 5:52 pm How about university 457s?
I'd look here if you're curious: https://www.bogleheads.org/wiki/457(b)

You may need to determine if the university plan is considered governmental or non-governmental as the rules ARE different.

Regards,
How do I determine that?
by greg24
Sun May 17, 2020 7:30 pm
Forum: Personal Investments
Topic: Governmental 457 safe?
Replies: 17
Views: 968

Re: Governmental 457 safe?

sergeant wrote: Sun May 17, 2020 5:56 pm
greg24 wrote: Sun May 17, 2020 5:52 pm How about university 457s?
Public or private?
Public.
by greg24
Sun May 17, 2020 5:52 pm
Forum: Personal Investments
Topic: Governmental 457 safe?
Replies: 17
Views: 968

Re: Governmental 457 safe?

How about university 457s?
by greg24
Wed May 13, 2020 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Leave H&R Block for Turbo Tax or what other software
Replies: 32
Views: 1783

Re: Leave H&R Block for Turbo Tax or what other software

I use H&R Block software and I guess I trust it.

I trust it to be correct more than the humans they have.