Search found 4895 matches

by bottlecap
Sun Dec 10, 2017 8:32 am
Forum: Personal Consumer Issues
Topic: Danger of being a helicopter pilot?
Replies: 34
Views: 2826

Re: Danger of being a helicopter pilot?

Your responses will be skewed by survivorship bias, I suspect. :wink: I am not a helicopter pilot, only know one who just retired from the Army, don't play one on on TV, and I didn't sleep in a Holiday Inn last night. However, I don't think the OP's concern is "absurd." I'm sure that the answer to t...
by bottlecap
Sat Dec 09, 2017 1:45 pm
Forum: Investing - Theory, News & General
Topic: Just not getting it
Replies: 57
Views: 5176

Re: Just not getting it

Hey, if you can really pick successful stocks based on what you see your friends doing, go for it. Don’t change friends, either.

I’m guessing you can’t. But only you know if you’re the unicorn next door.

JT
by bottlecap
Sat Dec 09, 2017 11:12 am
Forum: Personal Consumer Issues
Topic: What MPG App Do You Use To Track Fuel Usage ?
Replies: 45
Views: 1506

Re: What MPG App Do You Use To Track Fuel Usage ?

jhfenton wrote:
Sat Dec 09, 2017 10:16 am
I'm with livesoft. I rely on my car's data. It's adequate.
But not accurate. It's an interesting question as to why we track it. But many do, myself included. Actually, I just type it in.

I use whats now called Fuelly.

JT
by bottlecap
Sat Dec 09, 2017 11:03 am
Forum: Personal Consumer Issues
Topic: I am buying a car: Most/Least Reliable Makes?
Replies: 64
Views: 3413

Re: I am buying a car: Most/Least Reliable Makes?

Your list looks pretty good. Maybe you have Subaru a little high, but your research is probably better than mine.

JT
by bottlecap
Sat Dec 09, 2017 10:07 am
Forum: Personal Consumer Issues
Topic: Fuel Additives for 2017 Toyota Camry
Replies: 42
Views: 1832

Re: Fuel Additives for 2017 Toyota Camry

Where do you think Kroger gets their gas? The Kroger refinery? Kroger stores source their gas from multiple places. You could be getting top tier, but you might not be. I'm not convinced top tier is necessary, but there does seem to be a difference. If anyone is worried about it, I suspect as long ...
by bottlecap
Sat Dec 09, 2017 10:00 am
Forum: Personal Consumer Issues
Topic: Fuel Additives for 2017 Toyota Camry
Replies: 42
Views: 1832

Re: Fuel Additives for 2017 Toyota Camry

So this service technician, not knowing whether or not you typically use Top Tier gasoline was right to recommend a fuel additive in my opinion. Better to have it and not need it, than to need it and not have it, "mama used to say". Not really. The car has 5000 miles on it. It needs no additive. I’...
by bottlecap
Sat Dec 09, 2017 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5342

Re: Does this happen to you? Educating friends about personal finance

I get it. You have some knowledge. You’re excited. But nobody else cares.

Let it go. Don’t try to "fix" everyone.

JT
by bottlecap
Fri Dec 08, 2017 1:23 pm
Forum: Personal Consumer Issues
Topic: Extended warranty on 2018 Outback
Replies: 47
Views: 1474

Re: Extended warranty on 2018 Outback

No No No.....Never buy an extended warranty. Worked in the industry for a bit many years ago and we were always told to push these products. But if you are thinking about it that is a decent price. Having spent almost my entire career in the ground transportation business I'd add all they are is an...
by bottlecap
Fri Dec 08, 2017 1:09 pm
Forum: Personal Consumer Issues
Topic: Fuel Additives for 2017 Toyota Camry
Replies: 42
Views: 1832

Re: Fuel Additives for 2017 Toyota Camry

Lol, bacteria in the gas tank, that's a new one for me.* Leave this place a 1 star review on google and/or yelp and never go back. Also I'm not sure if ethanol will actually separate from gas. *Yes I'm sure there is some bacteria that can live in these conditions but I doubt it would pose a problem...
by bottlecap
Fri Dec 08, 2017 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Does a Boglehead ever time the market?
Replies: 64
Views: 3581

Re: Does a Boglehead ever time the market?

Did Bogle talk about the Schiller PE in that book? If not, there’s your answer. If so, what did he say about it?

JT
by bottlecap
Fri Dec 08, 2017 7:37 am
Forum: Personal Finance (Not Investing)
Topic: House on the market less than a day. Did listing agent commit fraud?
Replies: 55
Views: 6440

Re: House on the market less than a day. Did listing agent commit fraud?

When I sold my last house, we had an offer before it went on the MLS. Someone had seen the realtor but the sign in the lawn the day before. We had a deal in four days. And I was out of town. No one else saw it. Go talk to an attorney about your fraud claim. If they take your case, I guarantee you th...
by bottlecap
Fri Dec 08, 2017 7:29 am
Forum: Personal Finance (Not Investing)
Topic: CPA: The best profession if you want to make the most money + keep the most money?
Replies: 49
Views: 4490

Re: CPA: The best profession if you want to make the most money + keep the most money?

The best profession is to be found by knowing oneself and finding what you love and are passionate about. From that, the money will come, the career satisfaction will be found, and personal fulfillment and growth will be realized. Without those things, all the money in the world will not fill the e...
by bottlecap
Thu Dec 07, 2017 11:28 pm
Forum: Personal Consumer Issues
Topic: Fuel Additives for 2017 Toyota Camry
Replies: 42
Views: 1832

Re: Fuel Additives for 2017 Toyota Camry

No additive necessary. You went to a dealer. What did you expect? Honesty?!? Additives are not needed. If you are super anal, buy only top tier gas. Or buy non-top tier and put a bottle of Techron in the tank every six months. You can get 6 bottles for about $16.95 at Costco. But neither are necessa...
by bottlecap
Thu Dec 07, 2017 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: What do Bogleheads say when they don't want to spend money?
Replies: 103
Views: 5226

Re: What do Bogleheads say when they don't want to spend money?

This is really a problem for you?

Just say you don't want Netflix.

JT
by bottlecap
Thu Dec 07, 2017 2:10 pm
Forum: Personal Consumer Issues
Topic: Okay come clean....How man people share passwords for streaming services?
Replies: 41
Views: 1519

Re: Okay come clean....How man people share passwords for streaming services?

mhc wrote:
Thu Dec 07, 2017 12:19 pm
Never.

I do not support stealing or lying.
+1. That way I don’t have to come clean out anything.

JT
by bottlecap
Thu Dec 07, 2017 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: At what age your investments start making more money than you?
Replies: 107
Views: 7072

Re: At what age your investments start making more money than you?

This is a fun thing to think about when you start out, but doesn’t matter. What matters is how much you need to retire. If you are concerned about your investments making more than you do, you are setting yourself up for disappointment. One year they might, the next they may not and the next they mi...
by bottlecap
Wed Dec 06, 2017 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: House on the market less than a day. Did listing agent commit fraud?
Replies: 55
Views: 6440

Re: House on the market less than a day. Did listing agent commit fraud?

So, you are considering suing for fraud because you had to arrange for a babysitter for a couple of hours? :shock:

There is no fraud here. It happens.

JT
by bottlecap
Wed Dec 06, 2017 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Want to sell my Bitcoin, but when?
Replies: 88
Views: 7629

Re: Want to sell my Bitcoin, but when?

Who the hill knows?

You bet $7k on "investment" I’m guessing you know very little about.

You’ve got gamble in you. Why not ride it out?

You know, as a "learning process."

JT
by bottlecap
Wed Dec 06, 2017 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?
Replies: 47
Views: 4018

Re: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?

Derivative wrote:
Wed Dec 06, 2017 12:44 pm
He is in a huge amount credit card debt, has no money in his retirement accounts (due to no savings), is in his late 50's, and is still buying a bunch of stuff.
I would say that this is proof positive that his thinking is flawed.

JT
by bottlecap
Wed Dec 06, 2017 1:57 pm
Forum: Personal Consumer Issues
Topic: Least/Most Reliable Carmakers Today
Replies: 31
Views: 1897

Re: Least/Most Reliable Carmakers Today

The methodology only includes power train issues - engines or transmissions.

Engine problems are not typical and transmission problems are only slightly more common. But both can be expensive.

JT
by bottlecap
Wed Dec 06, 2017 10:05 am
Forum: Personal Consumer Issues
Topic: Used Car Buying Help
Replies: 20
Views: 1366

Re: Used Car Buying Help

It seems like a new one would be ideal given the high resale for the used models I've seen. But does that always hold true? The reason that the depreciation on Toyotas is low (and thus you pay a higher priced for a used one) is because they are good cars. Your problems with the car will be, on aver...
by bottlecap
Tue Dec 05, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: First post from this retiree with questions - my daughter sent me here!
Replies: 34
Views: 3769

Re: First post from this retiree with questions - my daughter sent me here!

How about start taking $500 per month and see how you feel about it?

JT
by bottlecap
Tue Dec 05, 2017 9:18 pm
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 53
Views: 4388

Re: Dad Needs Help Buying Wedding Liquor

That should be one interesting wedding with a 5 hour open bar and then the wedding. Hopefully the bride and groom remember their lines and most certainly no driving afterwards. A five hour open bar is great. Believe it or not, people tend to act like adults, just like you do. Give other people a li...
by bottlecap
Tue Dec 05, 2017 7:56 pm
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 53
Views: 4388

Re: Dad Needs Help Buying Wedding Liquor

Ask your daughter or her fiancé. They will know the stuff that is popular with the kids nowadays. However, the hard liquor recommendations made in this thread are the typical ones and not a bad way to go. Jack Daniels is a whiskey, of course, and Maker's Mark will satisfy the typical Joe that asks f...
by bottlecap
Tue Dec 05, 2017 4:19 pm
Forum: Personal Consumer Issues
Topic: Lowering My Grocery Bill
Replies: 110
Views: 6892

Re: Lowering My Grocery Bill

$250 per person per month in California doesn’t seem bad to me.

If you want to save, go for the low hanging fruit. Or move out of California. Or both. But shaving 5 or even 10% off your $3,000 on food bill isn’t going to go very far.

JT
by bottlecap
Tue Dec 05, 2017 2:24 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6530

Re: How to convince DW that high miles used car is OK

Plus, if you're driving it mostly, what you want is important. Yes - BUT - we have 99% joint finances/money. :) If I bought a car she thought was financially more risky than she agreed with - and she turned out to be correct - it would not be good.. :) Well, I can't help you win the "who made the s...
by bottlecap
Tue Dec 05, 2017 11:42 am
Forum: Personal Consumer Issues
Topic: Disputing a charge against an auto repair shop, should I give them another chance to make it right?
Replies: 17
Views: 1559

Re: Disputing a charge against an auto repair shop, should I give them another chance to make it right?

Perhaps tell the offending shop that you are going to write negative (but truthful) reviews of them and include the pictures.

Then ask them what amount they would like people to know that the shop refunded to make it right for you, because you will include that in the review as well.

JT
by bottlecap
Tue Dec 05, 2017 11:31 am
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6530

Re: How to convince DW that high miles used car is OK

I would be the primary driver - almost all local, short trips. Her "issue" is financial - the belief that a less expensive very old, high mileage car will end up needing repairs. Well, it will, on average, end up having more in maintenance costs. Things will wear out. So if her issue is financial, ...
by bottlecap
Tue Dec 05, 2017 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Why was my 2016 tax so low?
Replies: 19
Views: 2119

Re: Why was my 2016 tax so low?

If you want to know how taxes work, you shouldn't use any software.

JT
by bottlecap
Mon Dec 04, 2017 3:40 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6530

Re: How to convince DW that high miles used car is OK

Lexi wrote:
Mon Dec 04, 2017 2:38 pm
If you really believe a well maintained beater is just fine, you should go ahead and drive one but don’t expect others to accept that argument.
My mother said to be nice and respectful of others' opinions. I try to be, but I don't always expect others to accept her argument.

JT
by bottlecap
Mon Dec 04, 2017 1:55 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6530

Re: How to convince DW that high miles used car is OK

[...]Remind her that she flies in 30 year old airplanes.[...] Seriously?! If you've got to, please use any other reasoning but this one. Not even going into reasons such as relative mechanical fatigue, etc., I bet those 30-year-old planes are checked far more often and far more thoroughly than any ...
by bottlecap
Mon Dec 04, 2017 1:38 pm
Forum: Personal Consumer Issues
Topic: How much do you need to drive a car to keep battery charged and everything else OK?
Replies: 36
Views: 2702

Re: How much do you need to drive a car to keep battery charged and everything else OK?

If I just drive it once a week to the grocery store, 11 minutes away, go shopping and drive back home, is that enough? I think that will do it. If that type of use doesn't keep the battery charged, I would think that you could get a trickle charger fairly inexpensively. JT P.S. I agree with Jack - ...
by bottlecap
Mon Dec 04, 2017 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Handling after death affairs for my deceased domestic partner
Replies: 17
Views: 2068

Re: Handling after death affairs for my deceased domestic partner

I primarily wanted to say that I'm sorry for your loss. I can add that I would wait a bit to see what insurance pays. Any debts she would owe for medical expenses are due, but it's awful hard for the providers to collect unless an estate is opened. Even then, it's a pain for them. If you call up the...
by bottlecap
Mon Dec 04, 2017 6:57 am
Forum: Investing - Help with Personal Investments
Topic: Who keeps more money out of 100k? Self-employed vs Employed?
Replies: 39
Views: 2731

Re: Who keeps more money out of 100k? Self-employed vs Employed?

If a salaried employee makes $100k plus benefits, the employee is not being paid $100k, but $100k, plus whatever the value of the benefits is.

JT
by bottlecap
Sat Dec 02, 2017 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: How do I convince my employees to invest more?
Replies: 92
Views: 5106

Re: How do I convince my employees to invest more?

Their problem is that they are probably a lot like every other American (and a lot like me, when I'm not paying attention). I'd rather spend than save. I'd rather watch Stranger Things than read the Boglehead's Guide to Investing (which I'm going through now). So really, step one isn't save for ret...
by bottlecap
Sat Dec 02, 2017 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Keep SUV or Trade in? Financials...
Replies: 11
Views: 1098

Re: Keep SUV or Trade in? Financials...

It's hard to understand what you are talking about.

But you are probably better off leasing given the kind of cars you buy and the length of time you hold them.

JT
by bottlecap
Sat Dec 02, 2017 9:25 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6530

Re: How to convince DW that high miles used car is OK

Have it inspected by a mechanic. Research the vehicle year, make, and model to see when and if common problems pop up. See if the seller has vehicle service records to make sure the routine maintenance has been performed. Promise to keep it well maintained. If you are inclined, check under the hood ...
by bottlecap
Sat Dec 02, 2017 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: I soooo want to embrace the 3 fund portfolio, but...
Replies: 25
Views: 2860

Re: I soooo want to embrace the 3 fund portfolio, but...

Do I even worry about trying to time anything? I know that's not a Boglehead theory, but I'm talking about a substantial amount of investments... You need to educate yourself about investing before you do anything. No matter what we tell you, until you can dispel yourself of incorrect assumptions, ...
by bottlecap
Sat Dec 02, 2017 12:09 am
Forum: Personal Finance (Not Investing)
Topic: How my FIL saved for college
Replies: 13
Views: 1700

Re: How my FIL saved for college

Those aren't available today. You need interest rates to skyrocket.

Sorry.

JT
by bottlecap
Fri Dec 01, 2017 11:53 am
Forum: Personal Consumer Issues
Topic: For Musk, an Energy Feat the Size of a Football Field
Replies: 52
Views: 2114

Re: For Musk, an Energy Feat the Size of a Football Field

I'm not rooting against him, but it's very easy to see why some folks call him a snake oil salesman. If you truly can't understand where that notion comes from, then it is likely that you are quite well off and own a Tesla. Is he? Who knows. Time will tell. If he isn't, some will still scoff. If he...
by bottlecap
Fri Dec 01, 2017 11:18 am
Forum: Personal Consumer Issues
Topic: For Musk, an Energy Feat the Size of a Football Field
Replies: 52
Views: 2114

Re: For Musk, an Energy Feat the Size of a Football Field

I'm not rooting against him, but it's very easy to see why some folks call him a snake oil salesman. If you truly can't understand where that notion comes from, then it is likely that you are quite well off and own a Tesla. Is he? Who knows. Time will tell. If he isn't, some will still scoff. If he ...
by bottlecap
Thu Nov 30, 2017 10:36 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7062

Re: Does it make sense to drop health insurance?

I will be blunt and will say that you do not understand the principle behind the heath insurance if you think you want to tie the premiums to the sickness of the individual. Please think it over what you are implying. And this is precisely why we as a nation do not have rational discussion or polic...
by bottlecap
Thu Nov 30, 2017 6:33 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7062

Re: Does it make sense to drop health insurance?

Is it worth $3 million during the time of your life you are least likely to need it. That is the question.
by bottlecap
Thu Nov 30, 2017 6:11 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7062

Re: Does it make sense to drop health insurance?

Going back to the OP, I just don’t get the premise. The premise seems to be at some point it is rational not to insure as premiums go up. But premiums go up because health care costs go up and the cost exposure risk goes up. Nope. Premiums went up because because no one has a choice as to the cover...
by bottlecap
Thu Nov 30, 2017 5:38 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7062

Re: Does it make sense to drop health insurance?

I didn't say you should just move to a place where you are paid twice as much with identical expenses. In fact, I said that in today's environment you should be willing to take a lower-paying job if necessary to get access to group health benefits with better coverage. I would do that rather than g...
by bottlecap
Thu Nov 30, 2017 3:59 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7062

Re: Does it make sense to drop health insurance?

My point was, and is, that people aren't limited to two options, although that is how both you and the OP presented things. Healthcare and health insurance have become so expensive that you can't box yourself in like that. You have to be willing to move or change jobs or change careers or manipulat...
by bottlecap
Thu Nov 30, 2017 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Thankful for the Debt we Took - Should we Try Again?
Replies: 95
Views: 8877

Re: Thankful for the Debt we Took - Should we Try Again?

What does the real-estate market have to do with it? Ahhhhh, the OP is borrowing against the house. If the stock market goes to zero and the house stays the same, OP loses, but is still in the black. Stock market and real estate tanks, OP loses and is deep in the red. They are faced with whether to...
by bottlecap
Thu Nov 30, 2017 1:52 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7062

Re: Does it make sense to drop health insurance?

No, because the choices aren't limited to (a) buy insurance at a cost of $1500/month or (b) go without insurance. I would give up my dream of being self-employed in favor of taking a job with subsidized health insurance before I would place my family's health OR my successful retirement at risk. [O...