Search found 5590 matches

by bottlecap
Fri Sep 21, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Thank you from a widow
Replies: 13
Views: 2498

Re: Thank you from a widow

My condolences. Thanks for sharing your experience, however, as I think it will serve to encourage and inspire lurkers on this forum who find themselves in similar situations.

Take care,

JT
by bottlecap
Wed Sep 19, 2018 12:17 pm
Forum: Investing - Theory, News & General
Topic: “Majority of working-age Americans have no retirement savings”
Replies: 73
Views: 3871

Re: “Majority of working-age Americans have no retirement savings”

Everyone was trolled by a naked link with no comment or follow up.

Well done.

JT
by bottlecap
Tue Sep 18, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Chase Bank used to be more customer focused
Replies: 46
Views: 5797

Re: Chase Bank is the Devil

It's not unethical at all. It may not endear you to Chase and it may stink from your perspective, but Chase made a business decision. Now you get to make one as well. Spoiler alert: Banks are in it to make money. Just like you. From time to time, they change their account requirements as a result. T...
by bottlecap
Tue Sep 18, 2018 5:50 am
Forum: Personal Consumer Issues
Topic: New SUV
Replies: 24
Views: 2038

Re: New SUV

There are always people claiming they got the lease deal of the century, but the lease was created to get you to "buy" more vehicle than you can afford by directing your focus on lower monthly payments than the overall value of the deal. No one would agree to buy back a vehicle you used for the firs...
by bottlecap
Mon Sep 17, 2018 12:01 pm
Forum: Investing - Theory, News & General
Topic: Unchanging opinions
Replies: 25
Views: 2184

Re: UNCHANGING OPINIONS

I'm not shocked. It has to be this way. We make too many decisions on a daily basis to constantly reevaluate them every time some new bit of information becomes available.

JT
by bottlecap
Sat Sep 15, 2018 9:07 pm
Forum: Personal Consumer Issues
Topic: That Extravagant Thing You Do
Replies: 304
Views: 52474

Re: What is your luxury good?

Good school district.
Kids activities (but within reason)
Craft beer on occasion.
We don't go out to eat anymore, but with beef prices this past year I feel like we splurge any time we buy beef.
I'll spend a little more on good bourbon, but luckily, the good stuff isn't that much more.

JT
by bottlecap
Sat Sep 15, 2018 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 62
Views: 3907

Re: The Boglehead is anti-entrepreneur?

I just depends on who you are. If you are truly an entrepreneur, you don’t have money to invest in a 401k. You are using your capital. But if you are not actively running a company with your own money, then the BH way is the way to go. JT Sure for some random definition of entrepreneurships. There ...
by bottlecap
Sat Sep 15, 2018 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 62
Views: 3907

Re: The Boglehead is anti-entrepreneur?

I just depends on who you are. If you are truly an entrepreneur, you don’t have money to invest in a 401k. You are using your capital. But if you are not actively running a company with your own money, then the BH way is the way to go. JT Sure for some random definition of entrepreneurships. There ...
by bottlecap
Sat Sep 15, 2018 5:03 pm
Forum: Personal Consumer Issues
Topic: [Wearing] Shorts in Egypt
Replies: 70
Views: 4931

Re: Shorts in Egypt

jdb wrote:
Fri Sep 14, 2018 6:18 pm
duplicate post. Some day I will figure this out.
Hilarious. Optimistic, yet self-deprecating. Just hilarious.

I’d wear my finest searsucker suit and to hell with the locals.

JT
by bottlecap
Sat Sep 15, 2018 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 62
Views: 3907

Re: The Boglehead is anti-entrepreneur?

I just depends on who you are. If you are truly an entrepreneur, you don’t have money to invest in a 401k. You are using your capital.

But if you are not actively running a company with your own money, then the BH way is the way to go.

JT
by bottlecap
Sat Sep 15, 2018 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on American Funds
Replies: 28
Views: 1866

Re: Opinions on American Funds

They are respectable funds that have done well, but the expenses don’t justify the potential benefits in the future.

JT
by bottlecap
Thu Sep 13, 2018 9:30 pm
Forum: Personal Consumer Issues
Topic: I need a chainsaw to trim branches and limbs!!
Replies: 93
Views: 4168

Re: I need a chainsaw to trim branches and limbs!!

An electric rechargeable chainsaw sounds like what you need. I don’t have any recs, but it should be easy to research. If you’re not a lilly-livered city slicker and have a lick of common sense, you'll be okay. However, I do agree that using it on a ladder is asking for trouble. Look into pruning sa...
by bottlecap
Thu Sep 13, 2018 9:18 pm
Forum: Personal Consumer Issues
Topic: Compact Discs Cosmetic Defect?
Replies: 3
Views: 306

Re: Compact Discs Cosmetic Defect?

Never seen that before, but what’s the difference if it plays perfectly?

JT
by bottlecap
Thu Sep 13, 2018 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: What do I do with my investments during a downturn/recession?
Replies: 24
Views: 2768

Re: What do I do with my investments during a downturn/recession?

Find the correct asset allocation in your target retirement fund and do nothing.

If sounds like your current allocation may be too aggressive for you.

Good luck,

JT
by bottlecap
Thu Sep 13, 2018 12:25 pm
Forum: Personal Consumer Issues
Topic: How to determine quality of a finished new construction home
Replies: 45
Views: 2921

Re: How to determine quality of a finished new construction home

Hire a contractor. Home inspectors are worthless for this type of thing.

You'll get charged more, but it will be worth it.

JT
by bottlecap
Thu Sep 13, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: Do you use social media to enhance your travel experience?
Replies: 66
Views: 2842

Re: Do you use social media to enhance your travel experience?

I wouldn't do it. It's almost a form of navel-gazing. I would feel that publicly displaying my pictures for my gratification at the expense of people who don't care or might not have the money or time for such adventures is bad form. Our pictures are really for our family. Maybe a few close friends,...
by bottlecap
Thu Sep 13, 2018 11:51 am
Forum: Investing - Help with Personal Investments
Topic: How to stay the course when you “think” you can outsmart the market
Replies: 36
Views: 2201

Re: How to stay the course when you “think” you can outsmart the market

What if before news of the hurricane, this stock would have gone done 10%? If it would of, your trade isn't a good bet.

If you can't shake the desire to trade, then you haven't educated yourself enough. Keep studying.

Good luck,

JT
by bottlecap
Thu Sep 13, 2018 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Buying townhome/home -- need opinions
Replies: 26
Views: 1894

Re: Buying townhome/home -- need opinions

That’s too much money for me, given your income.

I’d be looking for something in the $140,000 - $175,000 range.

Admittedly, I’m more conservative than some. I loathe waking up in the middle of the night wondering how I’m going to make the next mortgage payment.

JT
by bottlecap
Wed Sep 12, 2018 8:50 pm
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 188
Views: 11307

Re: iPhone XS Max

I’m done with iPhones for good. The Androids are just as good and there are far more options for far less $$$.

Still like my iPad, though.

JT
by bottlecap
Wed Sep 12, 2018 8:42 pm
Forum: Personal Consumer Issues
Topic: 2005 honda accord door problems
Replies: 30
Views: 992

Re: 2005 honda accord door problems

Try replacing the battery in the key fob. That could work. Likely, your door lock actuators need replacing. Your right rear door handle does not work. The window motor could be worn out. Older cars require maintnece. Learn how to fix it or find a reasonably priced mechanic who can. Fix as soon as it...
by bottlecap
Wed Sep 12, 2018 3:01 pm
Forum: Personal Consumer Issues
Topic: 1 year old birthday
Replies: 42
Views: 1882

Re: 1 year old birthday

Clearly, some people prefer not to make memories with their kids unless their kids will remember it. I don't remember much from before I was 5. By that logic, my parents could have kept me in the basement until then and I'd be none the wiser. I could have done that with my kids. I'd have missed out...
by bottlecap
Wed Sep 12, 2018 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Hypothetical Question - Market Timing
Replies: 43
Views: 2411

Re: Hypothetical Question - Market Timing

I was agreeing with you until this part. ^ An atrocious market is exactly what I'm wanting. I don't need things to turn back around again before investing. I'm essentially just wanting a good opportunity to present itself (since we're likely nearing the top of a long bull run). Man, I understand. W...
by bottlecap
Wed Sep 12, 2018 1:13 pm
Forum: Personal Consumer Issues
Topic: 1 year old birthday
Replies: 42
Views: 1882

Re: 1 year old birthday

Thank you all for your suggestions. I guess my final question at this point is, would you attend your baby's friend's birthday party if you knew it was to be held at someone's small condo? Would you think this is strange at all? I have, and would again. What does small condo have to do with it? Thi...
by bottlecap
Wed Sep 12, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Hypothetical Question - Market Timing
Replies: 43
Views: 2411

Re: Hypothetical Question - Market Timing

Whoa, ya I did the math wrong on those scenarios. Thanks for pointing that out. It’s late here in Texas :) I appreciate the feedback. The more I think about it, the more I’m leaning towards a 60/40 type portfolio until the next recession hits. Then I can just rebalance my account to my desired 90/1...
by bottlecap
Wed Sep 12, 2018 12:12 pm
Forum: Personal Consumer Issues
Topic: 1 year old birthday
Replies: 42
Views: 1882

Re: 1 year old birthday

Have a few friends over. The baby won't remember it, but you will. You'll get some good pics, too. No reason to sweat this, though.

JT
by bottlecap
Wed Sep 12, 2018 8:23 am
Forum: Personal Finance (Not Investing)
Topic: The Atlantic: 'Why is College In America So Expensive?'
Replies: 27
Views: 2570

Re: The Atlantic: 'Why is College In America So Expensive?'

Publications like the Atlantic have been saying this for years. It's not even a surface analysis. The only interesting thing about it is the amount of the expenditures that goes to faculty and staff. It’s not surprising, but interesting. The reason college costs have risen dramatically is there are ...
by bottlecap
Wed Sep 12, 2018 6:48 am
Forum: Investing - Help with Personal Investments
Topic: Hypothetical Question - Market Timing
Replies: 43
Views: 2411

Re: Hypothetical Question - Market Timing

So this is not a hypothetical at all. Of course you would have more in scenario 2. But if, any only if, 1) the market goes below its current level in the near future and 2) you suddenly get the guts to invest in the market when it does. If the market goes lower by a little bit, you will say, "It's n...
by bottlecap
Tue Sep 11, 2018 6:47 pm
Forum: Personal Consumer Issues
Topic: Kahu car tracker
Replies: 3
Views: 381

Re: Kahu car tracker

It’s to benefit the dealer for inventory purposes. Sure, you can use it to find your car now, but the company sells these to dealers as an item that the dealer gets the benefit of and then can charge the customer for it as an option profit center.

JT
by bottlecap
Tue Sep 11, 2018 6:39 pm
Forum: Personal Consumer Issues
Topic: How often do you guys get alignment done on your cars?
Replies: 59
Views: 3550

Re: How often do you guys get alignment done on your cars?

Basically never.

I probably had it done twice in my life and that was when I was young and got conned.

In the last 18 years, zero times.

JT
by bottlecap
Mon Sep 10, 2018 8:51 am
Forum: Investing - Theory, News & General
Topic: I found this informative about the next possible crisis
Replies: 22
Views: 4581

Re: I found this informative about the next possible crisis

Ignore the noise. This is a piece by a jouralism major. It shows a lot of infographics, contains some simplistic cause and effect analysis, and expresses gratuitous opinions and predisposed biases that you would expect from a journalism major. I'm not staying there isn't anything to worry about - th...
by bottlecap
Sun Sep 09, 2018 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: I think my father has a gambling problem
Replies: 78
Views: 6693

Re: I think my father has a gambling problem

The troubling part to me is that, after a year away, you came to visit for 4 days and your father left for half of that to be at a casino. I kind of feel like whether or not he was gambling responsibly is beside the point, he chose visiting the casino (a place he could visit any day) over a rare op...
by bottlecap
Sat Sep 08, 2018 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on personal loan options?
Replies: 16
Views: 1053

Re: Advice on personal loan options?

The point is it's not like I'm just going to let myself starve to death. At market rates, I can get 80k/yr back home after falling back to a local job. So there's no possible scenario where I don't end up making sufficient money to pay them back. And my credit history is squeeky clean. I don't mean...
by bottlecap
Sat Sep 08, 2018 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on personal loan options?
Replies: 16
Views: 1053

Re: Advice on personal loan options?

You’re about the worst risk a bank could take - a freelance worker, currently overseas, with no current income - and “three months to turn it around.”

Yes, loans are for people that can demonstrate they can pay it back.

To think otherwise is just a fantasy.

JT
by bottlecap
Sat Sep 08, 2018 10:33 am
Forum: Personal Consumer Issues
Topic: Is it sensible to buy a car from Elon Musk?
Replies: 59
Views: 3028

Re: Is it sensible to buy a car from Elon Musk?

I'm starting to feel bad for the guy. That is a very negative signal about Tesla as a company.

JT
by bottlecap
Fri Sep 07, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: How to "waste" money on groceries?
Replies: 109
Views: 9459

Re: How to "waste" money on groceries?

There is no question in my mind that cows would be happier if they got to go to Disney World once a year.

If they did, they would not taste better and one of us would be able to afford steak or even hamburger.

The exact same phenomenon would happen if all cows were grass fed.

JT
by bottlecap
Fri Sep 07, 2018 12:05 pm
Forum: Investing - Theory, News & General
Topic: Does market timing have to be perfect to be effective?
Replies: 35
Views: 2476

Re: Does market timing have to be perfect to be effective?

Of course you don't have to perfectly time the market to take money. Simple addition shows that.

But to be effective, you have to be consistently more right than wrong. That is the Gordian knot.

JT
by bottlecap
Fri Sep 07, 2018 12:01 pm
Forum: Investing - Theory, News & General
Topic: Lessons from the financial crisis (Pisani, CNBC)
Replies: 52
Views: 4984

Re: Lessons from the financial crisis (Pisani, CNBC)

I don't understand this from the bullet points at the top of the article: "The financial crisis started as what seemed like a minor issue — the failure of the subprime mortgage industry." How is that "a minor issue"? The subprime failure was followed by a far greater failure of prime mortgages. JT
by bottlecap
Fri Sep 07, 2018 9:53 am
Forum: Investing - Theory, News & General
Topic: Lessons from the financial crisis (Pisani, CNBC)
Replies: 52
Views: 4984

Re: Lessons from the financial crisis (Pisani, CNBC)

I think people were acting rationally given the incentives they were given. The fact that the bubble burst and left a number of people holding the bag doesn't prove that people were irrational. Being wrong or having bad timing doesn't mean you are irrational. With everything going on at the time, pe...
by bottlecap
Thu Sep 06, 2018 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: To Be or Not to Be...Married
Replies: 135
Views: 4653

Re: To Be or Not to Be...Married

OP, I don’t think any one here can help you find out what is financially better for you because you really haven’t given enough information. Even if you do, it won’t solve the real problem. It’s unfortunate the our laws have made our lives and relationships a shell game where we will do something or...
by bottlecap
Thu Sep 06, 2018 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: To Be or Not to Be...Married
Replies: 135
Views: 4653

Re: To Be or Not to Be...Married

You don't believe in marriage. Does she? If so, you are incompatible. Split up. If not, then you two will have to decide whether the legal benefits of marriage outweigh the additional financial cost/loss of government subsidies. Some would argue there are psychological benefits to children when the...
by bottlecap
Thu Sep 06, 2018 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: To Be or Not to Be...Married
Replies: 135
Views: 4653

Re: To Be or Not to Be...Married

You don't believe in marriage. Does she? If so, you are incompatible. Split up. If not, then you two will have to decide whether the legal benefits of marriage outweigh the additional financial cost/loss of government subsidies. Some would argue there are psychological benefits to children when thei...
by bottlecap
Wed Sep 05, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: Elderly (innocent) relative received this horrible email
Replies: 51
Views: 5819

Re: Elderly (innocent) relative received this horrible email

If they had "proof," why wouldn't they send her the video? That would have maximum effect.

They don't have proof. I don't know what authority you would send this to, perhaps someone else will know.

I would otherwise ignore it and have someone check my computer for malware just in case.

JT
by bottlecap
Wed Sep 05, 2018 6:29 am
Forum: Personal Finance (Not Investing)
Topic: Google's secret deal with MasterCard to buy all your CC transactions
Replies: 25
Views: 3103

Re: Google's secret deal with MasterCard to buy all your CC transactions

If this is secret, how come you can find it on the internet? Credit cards have also been doing this for years. See Google search engine. The information is supposedly not personally identifiable, but geared toward permitting advertisers geographic purchasing data. Google is an advertiser. Why should...
by bottlecap
Tue Sep 04, 2018 10:47 pm
Forum: Personal Consumer Issues
Topic: How to "waste" money on groceries?
Replies: 109
Views: 9459

Re: How to "waste" money on groceries?

The best way to waste money on food is to convince yourself there is a difference in taste or quality that you receive in exchange for an increase in price when it’s really not there. This could be due to brand distinction or the organic/non-organic distinction. Both food and money have a good bit o...
by bottlecap
Tue Sep 04, 2018 10:29 am
Forum: Investing - Theory, News & General
Topic: Why are you not compensated for taking unsystematic risk?
Replies: 42
Views: 2331

Re: Why are you not compensated for taking unsystematic risk?

The problem is that taking unsystematic risk does not increase your expected return. So why take it if you are not being compensated commensurately? From that standpoint, you are taking additional risk without being compensated extra for it. Hence, uncompensated. If you posited the reverse of your q...
by bottlecap
Mon Sep 03, 2018 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Does leasing car leave me more freedom to invest?
Replies: 39
Views: 3024

Re: Does leasing car leave me more freedom to invest?

This is basic stuff that is easy to see through. And the assumptions you constrain us with are unrealistic.

Why don’t you use real lease numbers and stock market returns over the last 20 years to prove it to us that this would work, rather than ask us to prove something to you?

JT
by bottlecap
Mon Sep 03, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: If the market is so hard to beat, why did a rapper beat it by 40%?
Replies: 61
Views: 3544

Re: If the market is so hard to beat, why did a rapper beat it by 40%?

Is this post serious?

Would it make a difference if he was a garbage truck driver?

JT
by bottlecap
Sun Sep 02, 2018 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Medical liability claim settlement. What is fair?
Replies: 40
Views: 2572

Re: Medical liability claim settlement. What is fair?

I have a contrarian opinion about what is fair. The OP mentioned that he is paying the rent for the daughter's apartment and she is also still on his insurance policy. We do not know how much support he is still providing her, possibly a lot, but to some extent she is still on his payroll. In that ...
by bottlecap
Sun Sep 02, 2018 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 278
Views: 29249

Re: Umbrella insurance..who has it? Is it recommended?

I don't really buy umbrella insurance to protect my assets. It is more to protect me and my family. Most of my assets are in retirement accounts and can't be touched by creditors. However, without umbrella insurance, an uninsured driver hit us, cripple the entire family for the rest of our lives, an...
by bottlecap
Sun Sep 02, 2018 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Medical liability claim settlement. What is fair?
Replies: 40
Views: 2572

Re: Medical liability claim settlement. What is fair?

The money is for your daughter because of what she went through. You would have paid for her expenses regardless. What does that have to do with anything regarding her claim? You say you hate the "suing culture." Let's get real, people don't like to sue. They like money. So this "culture" is about m...