Search found 6205 matches

by bottlecap
Fri May 29, 2020 8:17 am
Forum: Personal Investments
Topic: What to do when bank CD rate is much lower than promised?
Replies: 13
Views: 1036

Re: What to do when bank CD rate is much lower than promised?

All you can do is see if Ally will change your rate. Ask for supervisors. Explain what happened. Omit the part about Vanguard contacting you early on. If Ally doesn't help, you can always pull your money out.

In the end, remember you’re talking about $300 before taxes. This won’t break you.

JT
by bottlecap
Fri May 29, 2020 8:05 am
Forum: Personal Investments
Topic: How many funds are TOO many funds & is it a good idea to invest in a newly reopened fund?
Replies: 8
Views: 526

Re: How many funds are TOO many funds & is it a good idea to invest in a newly reopened fund?

IMAO, I agree with nisiprius... Technically, the number of funds doesn’t matter, but you should know why you hold a fund. And you can do with 3 or even two funds if you wanted. And you don’t need another fund. Why are you considering a new fund? Because you think it will beat the market? You are out...
by bottlecap
Fri May 29, 2020 7:57 am
Forum: Investing - Theory, News & General
Topic: Two accountants disagree - Bogleheads for the tiebreaker
Replies: 56
Views: 2368

Re: Two accountants disagree - Bogleheads for the tiebreaker

I'm admittedly not an expert on social security, but my fear would be that in the event of divorce, the wife may get a raw deal.

JT
by bottlecap
Sun May 24, 2020 3:51 pm
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 106
Views: 5415

Re: Tips to stick to a weight loss diet?

The magic formula is calories in - calories out. The rest is up to you. I limited breakfast to less than 300 calories, lunch to 500 calories, and then ate a healthy, but not necessarily low calorie, dinner at home. I still drank beer which contributed a few hundred more calories. I bought a $25 diti...
by bottlecap
Sun May 24, 2020 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: New Tires or New Car?
Replies: 56
Views: 3316

Re: New Tires or New Car?

Sorry to let you know that it’s time to replace all tires based on age.

Your Land Rover is not a lemon. It is a Land Rover. Frequent repairs are an expected feature.

JT
by bottlecap
Sun May 24, 2020 10:35 am
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 155
Views: 11340

Re: If Jeep has such poor reliability, how come they are everywhere?

Honestly, all vehicles are marketed as a way for people to make statements about themselves. Just some are more pronounced. Jeep is one of them, but more so the traditional jeeps and Rubicons. I wouldn’t buy a Cherokee because of reliability, but I tend to drive vehicles for 15+ years, particularly ...
by bottlecap
Sun May 24, 2020 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Customer hasn't paid me not worth cost of lawyer but...
Replies: 48
Views: 4961

Re: Customer hasn't paid me not worth cost of lawyer but...

At least two things you can do without a lawyer: - Go to small claims court. - File a UCC-1 - https://www.gsccca.org/file/ucc-forms Thanks very much! A UCC-1 does not sound appropriate. You could waste your money there. I would at least call the Secretary of State for filing requirements if you don...
by bottlecap
Sun May 24, 2020 7:19 am
Forum: Personal Investments
Topic: Has anyone ever used their Emergency Fund?
Replies: 92
Views: 7117

Re: Has anyone ever used their Emergency Fund?

I have absolute used my emergency fund. I hope not to again.

JT
by bottlecap
Thu May 21, 2020 6:33 pm
Forum: Personal Consumer Issues
Topic: Please recommend a comfortable sofa bed
Replies: 19
Views: 1004

Re: Please recommend a comfortable sofa bed

I highly doubt such a beast exists.

Good luck,

JT
by bottlecap
Wed May 20, 2020 7:19 pm
Forum: Personal Consumer Issues
Topic: Furniture for an infant in the living room
Replies: 30
Views: 1375

Re: Furniture for an infant in the living room

I agree with the adequate supervision comments. You can put the baby on or in anything flat if you’re concerned about an incline. A play mat, a pack and play, or just an oriental rug or the like. I’ve had friends that let their babies sleep in car seats because it worked to get them to sleep. We nev...
by bottlecap
Tue May 19, 2020 8:40 pm
Forum: Personal Consumer Issues
Topic: Care for outdoor patio set?
Replies: 10
Views: 607

Re: Care for outdoor patio set?

We have a similar set We got from Costco about 5 years ago. I gave up on covering it because it was a pain and the covers never lasted more than 6 months. I clean it a couple of times a year. The fabric has not faded, although parts of the metal have slightly discolored, likely from the sun. You can...
by bottlecap
Tue May 19, 2020 9:16 am
Forum: Personal Consumer Issues
Topic: Jeep Cherokee drive-train service
Replies: 9
Views: 477

Re: Jeep Cherokee drive-train service

I believe those are 60,000 miles services on out Tahoe. I think that's pretty standard. Not a hard job, not a lot of fluid. Should be really easy for a mechanic with a lift. I bet it would be less than $200.

JT
by bottlecap
Mon May 18, 2020 9:02 pm
Forum: Personal Consumer Issues
Topic: What kind of sunglasses?
Replies: 77
Views: 3896

Re: What kind of sunglasses?

I’ve owned a $200 and $100 pair of Maui Jim’s. The last pair fell off my head and I lost them. I’m punishing myself with a $25 pair that I bought after a lot of research. The new ones are actually decent, and much better than your average $25 pair, but the Maui Jim's were far superior. I would defin...
by bottlecap
Fri May 15, 2020 9:37 am
Forum: Personal Consumer Issues
Topic: Tire shop returned my van with a broken part!
Replies: 27
Views: 1825

Re: Tire shop returned my van with a broken part!

They should pay for the fix.

JT
by bottlecap
Tue May 12, 2020 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 7606

Re: Should you include home equity in Net Worth?

Of course. Equity is by definition part of your net worth.

JT
by bottlecap
Tue May 12, 2020 7:15 pm
Forum: Investing - Theory, News & General
Topic: Experts say now is not the time to buy into index fund
Replies: 38
Views: 4515

Re: Experts say now is not the time to buy into index fund

So, if this stuff is already obvious to salespeople, er “experts”, how is this information already not priced in? How do you benefit if everyone already knows it? The answer is you are being lied to. These experts aren’t experts. Proceed with extreme caution. This is a great place to learn - poke ar...
by bottlecap
Tue May 12, 2020 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Hang on to old car or buy new one?
Replies: 38
Views: 2088

Re: Hang on to old car or buy new one?

That totals $160 in repairs. The rest is maintenance, wear and tear, and unnecessary dealer profit items. FWIW, I think $2,000 a year is a very high estimate. I've driven 10+ year old cars for more than 10 years now and $2,000 in repairs is a rare year. None of my brands have the reliability of an A...
by bottlecap
Fri May 08, 2020 6:45 am
Forum: Investing - Theory, News & General
Topic: 2007 to 2020: The changing advice of "A Random Walk Down Wall Street"
Replies: 41
Views: 5256

Re: The changing advice of "A Random Walk Down Wall Street" - 2007 to 2020

Thanks for the updates, that's interesting. It might spur a little more research on my part.

It is a great book.

JT
by bottlecap
Fri May 08, 2020 6:32 am
Forum: Personal Consumer Issues
Topic: iPad.. worth it?
Replies: 49
Views: 3076

Re: iPad.. worth it?

I got fed up with the iPhone's limited longevity and price and went the Android. I still use the iPad, however. It’s versatile, tough, and will go for 4 or 5 years before you notice Apple making things buggy. I think Apple has stopped slowing them down because of legal action, but I've noticed that ...
by bottlecap
Thu May 07, 2020 11:58 am
Forum: Personal Consumer Issues
Topic: Best [BBQ grill] for the money?
Replies: 94
Views: 6274

Re: Best BBQ for the money?

A Weber direction suggests that all the burners should be ON all the time for a direct cooking. If the amount of food is small enough for a single burner, it looks like I still have to turn all three or four burners on. https://consumer-care.weber.com/hc/en-us/articles/360023844151-Direct-Indirect-...
by bottlecap
Thu May 07, 2020 6:49 am
Forum: Personal Consumer Issues
Topic: Netflix - New Way Of Throttling [DVDs]?
Replies: 62
Views: 8545

Re: Netflix - New Way Of Throttling [DVDs]?

MotoTrojan wrote:
Wed Feb 05, 2020 1:56 pm
I honestly had no idea that Netflix still had a DVD business.
LOL! I double checked to make sure this thread wasn’t from 2010. I didn’t know they still did that either.

JT
by bottlecap
Thu May 07, 2020 6:46 am
Forum: Personal Consumer Issues
Topic: Should you tip landscapers?
Replies: 51
Views: 3228

Re: Should you tip landscapers?

I don't understand the "I got it--and you ain't gettin' any" approach of some here. Really? For $60, I feel like Rockefeller, AND they feel a little less like grunts. No one said that. It just that that’s not the type of "service" people tip for, nor are they expected to. I’ve worked that type of w...
by bottlecap
Wed May 06, 2020 9:38 pm
Forum: Personal Investments
Topic: How do I get out of home a partnership agreement?
Replies: 42
Views: 3028

Re: How do I get out of home a partnership agreement?

Ordinarily, I'd say come up with a counter. But this is "family". I'd take the 20% and never speak to him again. He's basically reneging on the deal to cut you out now that the market did well. He's not even offering an alternative. If he can't offer to share ANY portion of the equity he did squat t...
by bottlecap
Wed May 06, 2020 9:09 pm
Forum: Personal Consumer Issues
Topic: Should you tip landscapers?
Replies: 51
Views: 3228

Re: Should you tip landscapers?

You have absolutely no obligation to tip. But you could, I suppose. Or you could write a letter to their boss/company. I usually got "tips" in lemonade and baked goods. I'm sure the workers would appreciate it. I would make it a point of telling them that you were so impressed with their courteous d...
by bottlecap
Wed May 06, 2020 7:53 am
Forum: Investing - Theory, News & General
Topic: Why doesn’t BRK just buy SP500 index fund?
Replies: 37
Views: 3479

Re: Why doesn’t BRK just buy SP500 index fund?

Because Buffett is a smart guy. He has parlayed some early outsized luck into a huge financial marketing empire. You don’t get older, wiser and more experienced in investing and "lose your touch" as some suggest. You just revert to the mean. The brand is his Empire. Everything he does is calculated ...
by bottlecap
Wed May 06, 2020 6:22 am
Forum: Personal Consumer Issues
Topic: Rules on returning to work after being furloughed due to COVID
Replies: 36
Views: 3244

Re: Rules on returning to work after being furloughed due to COVID

First it was about vacation, then it became about PTO, now it's how can I threaten to milk unemployment because I'm pregnant. You may get her fired. Don’t help. This is not a great situation for employer or employee. Actually, the employee likely got the better deal on supercharged unemployment. I w...
by bottlecap
Mon May 04, 2020 9:01 pm
Forum: Personal Consumer Issues
Topic: Best [BBQ grill] for the money?
Replies: 94
Views: 6274

Re: Best BBQ for the money?

... The less short answer is if you want a very good gas grill that will last you 15+ years and give you consistent performance over that time, get the Weber. Assuming you are going to do more than cook burgers for two occasionally, get the biggest one you can afford ... JT Isn't a bigger one more ...
by bottlecap
Mon May 04, 2020 4:47 pm
Forum: Personal Consumer Issues
Topic: Best [BBQ grill] for the money?
Replies: 94
Views: 6274

Re: Best BBQ for the money?

The three burner Webers have about 30k BTU. The Nexgrill is 60k BTU, twice the heat. Just twice the heat output. How hot the grill gets is influenced by a number of other factors. For a gas grill, I have a 9 year old NG Weber Genesis with three regular burners and a sear burner. My in-laws have a p...
by bottlecap
Sun May 03, 2020 7:14 am
Forum: Investing - Theory, News & General
Topic: Do you invest based on historical performance?
Replies: 13
Views: 810

Re: Do you invest based on historical performance?

I invest based on theory.

The theory is supported by historical returns.

JT
by bottlecap
Sat May 02, 2020 6:52 pm
Forum: Personal Consumer Issues
Topic: Neighbor’s contractor wants to access our property
Replies: 158
Views: 16237

Re: Neighbor’s contractor wants to access our property

I would not sign anything saying I have any responsibility.

I would also make them restore everything in your yard to the original condition or better. With at least a three year look back.

JT
by bottlecap
Fri May 01, 2020 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Is my fixed account holding reasonably safe?
Replies: 7
Views: 651

Re: Is my fixed account holding reasonably safe?

There is no way to answer your question except to say if your "fixed" holding gives you a better rate than cash, it is certainly at more risk than is cash. How much more is impossible to tell because you don’t have, and will never have, an idea about how much risk is being taken with the investment ...
by bottlecap
Thu Apr 30, 2020 12:18 pm
Forum: Investing - Theory, News & General
Topic: How to I invest in the self-driving car industry?
Replies: 64
Views: 3282

Re: How to I invest in the self-driving car industry?

What's a self-driving car? Never heard of that.

I'm kidding. Everybody's heard of it.

Buying the haystack is the best way to invest, since the future has not yet been written.

JT
by bottlecap
Wed Apr 29, 2020 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Is my employer health insurance "affordable"?
Replies: 9
Views: 657

Re: Is my employer health insurance "affordable"?

This is normal since the passage of the ACA. You’re actually quite lucky if your insurer is paying 100%. The most people pay $1,000 per month for employer coverage.

JT
by bottlecap
Tue Apr 28, 2020 9:53 pm
Forum: Investing - Theory, News & General
Topic: When is past information useful?
Replies: 21
Views: 1163

Re: When is past information useful?

Whenever you can be sure that every circumstance in the past is repeating itself in the exact same sequence and at the exact same time as it did before, you can be certain your past information is useful.

JT
by bottlecap
Mon Apr 27, 2020 9:58 pm
Forum: Personal Consumer Issues
Topic: Household batteries + charger
Replies: 24
Views: 1215

Re: Household batteries + charger

Amazon Basics batteries are pretty cheap and have worked great in my experience.

JT
by bottlecap
Mon Apr 27, 2020 9:52 pm
Forum: US Chapters
Topic: What is a Boglehead? Some Fun.
Replies: 53
Views: 2882

Re: What is a Boglehead? Some Fun.

I would describe it as efficient, low-cost index investing through thick and thin.

Lot's of Bogleheads, including me, don't spend extravagantly, but personal spending has really nothing to do with an investing strategy.

JT
by bottlecap
Mon Apr 27, 2020 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: How do you explain no COVID19 Stimulus Payment?
Replies: 89
Views: 7149

Re: How do you explain no COVID19 Stimulus Payment?

I'd just say, "Every little bit helps, doesn't it?" Or something to that effect.

It sounds like you are answering the question, but you're really not. And it will eliminate any need for your friends, family or coworker to ask again.

JT
by bottlecap
Sat Apr 25, 2020 1:40 pm
Forum: Personal Investments
Topic: All the upside of the S&P with 10% downside protection "Free"?
Replies: 116
Views: 7852

Re: All the upside of the S&P with 10% downside protection "Free"?

I love that they compare recent history of the price index's return favorably against the Barclays bond return. That’s some serious cherry-picking with a heaping of apples to oranges comparison on top. Without the dividends, the price return index is even riskier than the total return fund. So this ...
by bottlecap
Sat Apr 25, 2020 8:48 am
Forum: Personal Consumer Issues
Topic: [how to help ill father-in-law who lives 1000 miles away]
Replies: 18
Views: 2105

Re: Unfortunate cancer diagnosis

I’m sorry to hear about your situation.

If it were me, I’d drive it.

JT
by bottlecap
Fri Apr 24, 2020 7:10 am
Forum: Investing - Theory, News & General
Topic: [Jim Cramer] "Stop Buying Index Funds"
Replies: 37
Views: 6033

Re: [Jim Cramer] "Stop Buying Index Funds"

Cramer's arguments are age-old. They sound so good to the novice: "Why not invest in the "good" stocks in an index and leave out the "bad?" Well duh. This is essentially what every fund tries to do and the lion's share, with armies of researchers, fail to beat the index. But they take their fees try...
by bottlecap
Fri Apr 24, 2020 6:55 am
Forum: Non-US Investing
Topic: Romanian total beginner starting to invest in OIL
Replies: 17
Views: 1010

Re: Romanian total beginner starting to invest in OIL

You are proposing speculation, not investing. Please stick around here and do some learning on the wiki before you take the plunge. Speculation is not a very good way of increasing your wealth. Commodities trading really should only be used as a hedge by someone that does business in, or that requir...
by bottlecap
Thu Apr 23, 2020 9:43 pm
Forum: Personal Investments
Topic: All the upside of the S&P with 10% downside protection "Free"?
Replies: 116
Views: 7852

Re: All the upside of the S&P with 10% downside protection "Free"?

This was an interesting thread and confirms what I learned after getting my education here: There is no free lunch. There is always a catch. They just come up with new ways to hide the catch. I appreciate that the OP followed up with the sales person's responses. It made things interesting. It remin...
by bottlecap
Thu Apr 23, 2020 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Moving out of NYC due to pandemic
Replies: 164
Views: 12706

Re: Moving out of NYC due to pandemic

Why did you move to NYC in the first place? I wouldn’t over react to this too much during the thick of it. The whole world could feel very different in a month or two. However, if you didn’t love NY in the first place then I’d say go for it. I love visiting NY but I would never want to raise a fami...
by bottlecap
Thu Apr 23, 2020 6:51 am
Forum: Personal Investments
Topic: All the upside of the S&P with 10% downside protection "Free"?
Replies: 116
Views: 7852

Re: All the upside of the S&P with 10% downside protection "Free"?

A:There are no explicit fees for investing in the index account and include a death benefit at no additional charge. Yes, the Lincoln index is a perfect proxy or match to the S&P 500, including reinvested dividends (although Lincoln will not pay out dividends generated by index – they are reinveste...
by bottlecap
Wed Apr 22, 2020 7:07 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio Predicts
Replies: 28
Views: 3516

Re: Ray Dalio Predicts

I’ve said it once, I’ll say it again. Ray Dalio knows very little about economics. What he does know is wrong.

But even a very broken clock is right twice a day. I’m not going to worry about that.

JT
by bottlecap
Tue Apr 21, 2020 11:04 pm
Forum: Personal Investments
Topic: Indexing fail?
Replies: 33
Views: 2998

Re: Indexing fail?

Brilliant! Why didn’t tens of thousands of other people think of this?!?

Especially since you could say that about a handful of companies in the index at any given point in time and more than a handful in times of crises.

JT
by bottlecap
Tue Apr 21, 2020 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Are we spending too much on a house? 28yo & 24yo
Replies: 89
Views: 6113

Re: Are we spending too much on a house? 28yo & 24yo

I think you’ll be tight at that income. It’s possible, but tight if you want to save for retirement as well. $95k plus kids makes it very uncomfortable. It might work. Or you might come to regret it. You don’t have much cushion. Not being married and owning property is a very bad idea - especially w...
by bottlecap
Mon Apr 20, 2020 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Laid off!!
Replies: 71
Views: 10177

Re: Laid off!!

I’ve been though it and I’m sorry to hear that now you have, too. This is always how it goes, especially with an RIF. It must be secret and sudden. If anyone at the company gets wind of it, people start jumping ship, so they assure everyone their jobs are safe. IMO, whenever you hear that, start loo...
by bottlecap
Sun Apr 19, 2020 6:25 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 614
Views: 32463

Re: What are you listening to now

Now, I love Elmore James. But lately I've been on an alternative country kick, like Hayes Carll.

Might have to work some EJ back in....

JT