Search found 6326 matches

by bottlecap
Fri Sep 18, 2020 2:13 pm
Forum: Personal Consumer Issues
Topic: Pretending to enjoy sports for business/social reasons
Replies: 52
Views: 2081

Re: Pretending to enjoy sports for business/social reasons

Not a sports hater, I just like to play sports rather than watch them. I tend to follow football, but do try to keep up with other sports to some extent because most people really aren't interesting enough to have a meaningful conversation with outside of sports or kids. My office is a little differ...
by bottlecap
Thu Sep 17, 2020 8:32 pm
Forum: Personal Consumer Issues
Topic: Kids back to On Campus School - Would you ?
Replies: 46
Views: 1848

Re: Kids back to On Campus School - Would you ?

I don’t think anyone can answer this for you. You are the parent. You are the adult. You must decide. We put two children back in preschool and decided to home school our grade schooler. Not because of Covid concerns, but because it was a better learning environment for our child's personality, give...
by bottlecap
Thu Sep 17, 2020 1:58 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio issues stark warning about US dollar’s future as global reserve currency
Replies: 42
Views: 3255

Re: Ray Dalio issues stark warning about US dollar’s future as global reserve currency

Most all countries are following the Feds lead, so it's unlikely that the dollar would suddenly lose its status to some other currency.

That's not to say that there can't be seriously bad effects, but it makes that one seriously bad effect much less likely.

JT
by bottlecap
Thu Sep 17, 2020 6:54 am
Forum: Personal Consumer Issues
Topic: Solar - after 1 year the results are in.
Replies: 45
Views: 4742

Re: Solar - after 1 year the results are in.

I'm more interested in the overall "return" on the $16,000.00 rather than anyone's personal benefit. What are the life of the panels? Do they require maintenance? What electricity rates are you paying? That’s what makes this stuff interesting. JT Here you go: https://www.bogleheads.org/forum/viewto...
by bottlecap
Wed Sep 16, 2020 10:27 pm
Forum: Personal Consumer Issues
Topic: Solar - after 1 year the results are in.
Replies: 45
Views: 4742

Re: Solar - after 1 year the results are in.

I'm more interested in the overall "return" on the $16,000.00 rather than anyone's personal benefit. What are the life of the panels? Do they require maintenance? What electricity rates are you paying? That’s what makes this stuff interesting.

JT
by bottlecap
Wed Sep 16, 2020 10:13 pm
Forum: Investing - Theory, News & General
Topic: The Fed, Snowflake, and Stocks
Replies: 42
Views: 4164

Re: The Fed, Snowflake, and Stocks

... Is this the mother of all bubbles... Briefly, yeah, I think it's a bubble. I really do. And I'm doing nothing about it, because based on my direct personal experience and everything I've read and the data I've looked at, there's no point in trying to do anything about it. Anything you can do is...
by bottlecap
Wed Sep 16, 2020 2:51 pm
Forum: Personal Consumer Issues
Topic: Is this guy trying to scam me on a car I'm selling?
Replies: 171
Views: 12388

Re: Is this guy trying to scam me on a car I'm selling?

^ The available times seal the deal. He's literally only available when banks are not going to be open. There are a lot of little red flags, which by themselves might be explained away. But this is the most telling to me. The absence of any questions about the vehicle or having a mechanic take a lo...
by bottlecap
Sun Sep 13, 2020 8:02 am
Forum: Personal Investments
Topic: I’ve got 50K to invest in an ultra aggressive portfolio—seeking growth to 1 Million
Replies: 76
Views: 7265

Re: I’ve got 50K to invest in an ultra aggressive portfolio—seeking growth to 1 Million

OP, what did you learn from the various posts your read? "Ultra aggressive" isn’t very descriptive. The term alone without any further description suggest you are not at all ready to invest in anything. I’d wait 6 months to a year before investing and, in the meantime, learn as much as you can about...
by bottlecap
Sat Sep 12, 2020 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Near number but not at retirement age
Replies: 36
Views: 2994

Re: Near number but not at retirement age

Within a few years, the market will take care of this concern for you.

Theoretically I could retire with at least 15 years to go yet. But I don’t think for a second that I’ll have as much in my retirement accounts in 5 years as I do now.

JT
by bottlecap
Sat Sep 12, 2020 8:26 am
Forum: Personal Consumer Issues
Topic: My shrub tree dying?
Replies: 32
Views: 1645

Re: My shrub tree dying?

who trimmed these last? when was that? This is the likely culprit. They look poorly maintained. Call someone to take a look and/or trim them. Left to their own devices, shrubs get too big, have too much foliage on the outside and don’t get enough sunlight on the inside, and become weak/ill and die....
by bottlecap
Sat Sep 12, 2020 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Should we buy a $3M+ house with parental help?
Replies: 167
Views: 11443

Re: Should we buy a $3M+ house with parental help?

There appear to be two questions. Should you buy a $3 million house and should you take a large gift to do it. The first is up to you. But I wouldn’t buy it simply because I'm currently paying rent. $60,000 isn’t much in CA and when you make $800,000. The second question is also up to you. Do you wh...
by bottlecap
Sat Sep 12, 2020 7:49 am
Forum: Personal Consumer Issues
Topic: Used Car issues Ohio
Replies: 37
Views: 1738

Re: Used Car issues Ohio

If your brother takes it to a mechanic, the mechanic may be able to pull up the code history. I can recall exactly but disconnecting the battery may not erase those. "As is" is fine, but fraud is not. If something throws 3 codes in 1 day after purchase, that's strong circumstantial evidence of fraud...
by bottlecap
Wed Sep 09, 2020 2:46 pm
Forum: Personal Consumer Issues
Topic: Repair plasma television or get new TV?
Replies: 71
Views: 4219

Re: Repair plasma television or get new TV?

Fix it yourself or replace. I had to repair ours.

JT
by bottlecap
Tue Sep 08, 2020 10:04 am
Forum: Investing - Theory, News & General
Topic: Well, it's October again - time to take profits?
Replies: 46
Views: 4521

Re: Well, it's October again - time to take profits?

I never do anything in October before first checking with my astrologer.

JT
by bottlecap
Tue Sep 08, 2020 8:11 am
Forum: Personal Consumer Issues
Topic: What do you guys think of oil extractors?
Replies: 67
Views: 2953

Re: What do you guys think of oil extractors?

Extractors serve a variety of purposes. They are nice to have.

That said, both the vehicle we have right now, the extractor bottoms out a full inches down on both the engine oil and the transmission oil.

So depending on your vehicle, you may not be able to do a change with it.

JT
by bottlecap
Tue Sep 08, 2020 7:34 am
Forum: Investing - Theory, News & General
Topic: Are the days of 7% avg index returns over?
Replies: 65
Views: 9432

Re: Are the days of 7% avg index returns over?

Well, I read the interview and he literally said nothing of the sort. Since the number of investors don’t affect the growth of companies directly, I was curious. Now the amount of money in the system certainly affect asset prices and may ultimately hurt future returns if the Fed ever tightens back u...
by bottlecap
Sun Sep 06, 2020 7:47 am
Forum: Personal Investments
Topic: Wife is "forcing" me to buy stock(s)
Replies: 112
Views: 8703

Re: Wife is "forcing" me to buy stock(s)

Tell her you don’t know the mechanics of it, either. Give her $3,000 and tell her to invest it herself.

JT
by bottlecap
Sat Sep 05, 2020 4:05 pm
Forum: Investing - Theory, News & General
Topic: How do you *say* "ERISA"
Replies: 37
Views: 2077

Re: How do you *say* "ERISA"

JBTX wrote: Sat Sep 05, 2020 12:59 pm
zaboomafoozarg wrote: Sat Sep 05, 2020 12:34 pm Like "Marisa Tomei", but without the "M" and the "Tomei".
Winner.
Definitely.
by bottlecap
Sat Sep 05, 2020 2:50 pm
Forum: Investing - Theory, News & General
Topic: Is it really passive index if S&P actively excludes Tesla?
Replies: 145
Views: 9953

Re: Is it really passive index if S&P actively excludes Tesla?

You are missing the main point, that there are numerous ways a company is profitable. Business models that are not even in existence today, will someday be a huge part of the economy. Just because we don't understand it today doesn't mean a particular business model is less valid. OMG I am having a...
by bottlecap
Sat Sep 05, 2020 9:41 am
Forum: Personal Consumer Issues
Topic: Buying guns not an option, what else
Replies: 56
Views: 4975

Re: Buying guns not an option, what else

Thinking about having some form of safety help at home in case of emergency. Not going to buy guns, looking for any other options.... Have been looking at mace, but looks like they are not reliable and have a shelf life. Any suggestions recommendations will be appreciated. Galadawg and Millenial se...
by bottlecap
Fri Sep 04, 2020 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter almost ready to launch into professional life
Replies: 45
Views: 4179

Re: Daughter almost ready to launch into professional life

1. In your first job, your key task is to make your boss good. 2. You don’t know anything. Humility is valued in the workplace. 3. Work harder than your peers. Or don’t, just know this is why you aren’t getting ahead. 4. Don’t worry about titles; focus on the value of the work you are assigned. 5. ...
by bottlecap
Fri Sep 04, 2020 10:33 pm
Forum: Investing - Theory, News & General
Topic: How do you *say* "ERISA"
Replies: 37
Views: 2077

Re: How do you *say* "ERISA"

ERISA lawyers pronounce it "ah-riss-ah". "er-iss-ah" is a close second.
by bottlecap
Thu Sep 03, 2020 2:10 pm
Forum: Investing - Theory, News & General
Topic: "Indexes don't search for solutions. People do."
Replies: 17
Views: 2040

Re: "Indexes don't search for solutions. People do."

That's really funny. The lesson they learned from 2008 is "If you can't beat 'em, join 'em. But still charge fees like you never joined 'em".

JT
by bottlecap
Thu Sep 03, 2020 1:37 pm
Forum: Personal Investments
Topic: New Here
Replies: 17
Views: 1367

Re: New Here

The OP asked us what we thought the absolute floor is. I think my post was reasonable. I neither stated nor implied that your post was unreasonable. I also didn't realize the OP wanted a literal answer. The literal ”absolute floor” for any asset expressed as a non-negative integer is zero. No furth...
by bottlecap
Thu Sep 03, 2020 6:33 am
Forum: Personal Consumer Issues
Topic: Does dishwasher need to be replaced?
Replies: 16
Views: 1156

Re: Does dishwasher need to be replaced?

That happened to me about 6 years ago. It was the wiring harness that connects to the control panel - something shorted and it got fried. I got on the Internet, watched some videos, ordered a new wiring harness, pulled the dishwasher out and and fixed it one night for about $120 total. It’s still ru...
by bottlecap
Thu Sep 03, 2020 6:27 am
Forum: Personal Consumer Issues
Topic: How much to take down this tree?
Replies: 71
Views: 5269

Re: How much to take down this tree?

I had two trees taken down for about $350. It was quite and efficient operation.

But cost will be influenced by laws and regulations. In D.C., you could be looking at $600 to $1,000 for all I know.

JT
by bottlecap
Wed Sep 02, 2020 11:26 pm
Forum: Personal Investments
Topic: New Here
Replies: 17
Views: 1367

Re: New Here

There could be a situation where Gold and Silver lose all or substantially all value to society. Anything is possible. I am not picking on this particular post, but taking issue with this expressed sentiment in general. I certainly agree with the overall sentiment that the future is unknowable. But...
by bottlecap
Wed Sep 02, 2020 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Underwriter asking about husband's old child support as if it is current
Replies: 21
Views: 2404

Re: Underwriter asking about husband's old child support as if it is current

What about providing the birth certificate of the child and a copy of the law stating that child support is due until the child turns 18?

Personally, I’d just go with another lender if that’s an option.

JT
by bottlecap
Wed Sep 02, 2020 7:37 am
Forum: Personal Investments
Topic: Husband doesn’t want to follow my investment plan
Replies: 47
Views: 4842

Re: Husband doesn’t want to follow my investment plan

Maybe it’s time to get a fee only advisor. You’ll pay extra for this, but it will take it out of both your hands to some extent.

JT
by bottlecap
Mon Aug 31, 2020 7:57 am
Forum: Personal Investments
Topic: Convincing teenager to invest in Roth
Replies: 109
Views: 5759

Re: Convincing teenager to invest in Roth

A Roth doesn’t lock it up until you’re 65. You can pull it out at any time. You can pull the principle out without penalty after 5 years.

JT
by bottlecap
Sun Aug 30, 2020 6:16 pm
Forum: Personal Consumer Issues
Topic: (MS Applied Economics?) Help a Random Internet Stranger Decide
Replies: 20
Views: 1483

Re: (MS Applied Economics?) Help a Random Internet Stranger Decide

What are you going to do with the degree you earn, or did I miss that? If you don't have a plan, don't bother. You can learn far more about economics on the internet (or through books) than you can in a classroom. So if this is just an "interest" thing, do that. If this is a "I need a degree because...
by bottlecap
Sun Aug 30, 2020 5:57 pm
Forum: Personal Consumer Issues
Topic: Lead paint and house offer accepted
Replies: 47
Views: 3469

Re: Lead paint and house offer accepted

Do you let your infant play for long periods unobserved? If not, I wouldn't be too concerned with lead paint. We had a pretty good handle on what our kids put in their mouth because the small ones were almost always in eye-shot. If your child could ingest a decent amount of paint without you noticin...
by bottlecap
Thu Aug 27, 2020 11:45 am
Forum: Personal Consumer Issues
Topic: $40k Hardwood Floors Gone Wrong - Help!
Replies: 43
Views: 4825

Re: $40k Hardwood Floors Gone Wrong - Help!

Have them finish and ask manufacturer for 10% off the wood cost. You didn't quite get what you wanted, but like it anyway. 5 or 10% off the wood seems like a fair trade. I can see why you wouldn't catch a slight color variation if the box said what it said. Otherwise, be done with it. You like it an...
by bottlecap
Thu Aug 27, 2020 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Keeping assets separate in marriage
Replies: 40
Views: 3143

Re: Keeping assets separate in marriage

Why is a spouse of a highly paid surgeon, with a $1 million home, and a history of divorces looking for free advice on the internet through her friend? She makes good money. She should spend an hour with an attorney if she wants to find out. It might cost her $500. JT I am not the spouse, my friend...
by bottlecap
Wed Aug 26, 2020 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping assets separate in marriage
Replies: 40
Views: 3143

Re: Keeping assets separate in marriage

Why is a spouse of a highly paid surgeon, with a $1 million home, and a history of divorces looking for free advice on the internet through her friend?

She makes good money. She should spend an hour with an attorney if she wants to find out. It might cost her $500.

JT
by bottlecap
Wed Aug 26, 2020 10:39 pm
Forum: Personal Investments
Topic: Who is liable for this?
Replies: 46
Views: 6254

Re: Who is liable for this?

My bet is that you're liable for this. But $25,000 in legal fees could prove me wrong.

JT
by bottlecap
Wed Aug 26, 2020 10:37 pm
Forum: Investing - Theory, News & General
Topic: Can we talk about the future of oil?
Replies: 72
Views: 4762

Re: Can we talk about the future of oil?

My thought is that I'm more interested in what y'all had for drinks.

JT
by bottlecap
Wed Aug 26, 2020 11:30 am
Forum: Personal Consumer Issues
Topic: Low Earner... Creative ways to own a Tesla Model 3?
Replies: 101
Views: 7634

Re: Low Earner... Creative ways to own a Tesla Model 3?

A midlife crisis is for someone who is 45 and got married and had kids by 25. Not for a 36 year old living the single life. My rule is never buy a car you've fallen in love with unless you can pay cash and not blink. Being in love means reason takes a back seat. Don't let reason take a backseat in f...
by bottlecap
Tue Aug 25, 2020 7:02 pm
Forum: Personal Consumer Issues
Topic: Property line issue
Replies: 24
Views: 1943

Re: Property line issue

Neighbor's the problem, not you. It stinks, but it’s time to take a stand. Neighbor is likely to keep pushing it.

JT
by bottlecap
Tue Aug 25, 2020 3:25 pm
Forum: Investing - Theory, News & General
Topic: A Beater Truck and a FAT 401k...
Replies: 104
Views: 10146

Re: A Beater Truck and a FAT 401k...

I'd rather have a nice house than a nice car, if you can afford the upkeep. You spend a lot more time in it and at least you're likely to get your money back and maybe some appreciation.

Nothing wrong with a new car if you drive it long enough. Most don't.

JT
by bottlecap
Tue Aug 25, 2020 3:15 pm
Forum: Personal Investments
Topic: Wealth Management groups -- why used if don't make financial sense
Replies: 24
Views: 1511

Re: Wealth Management groups -- why used if don't make financial sense

People are busy, not interested, bombarded with messages that investing is difficult and timing is everything, and, most of all, people do not want to be burdened with decision-making. Being a decision-maker, even a perceived decision maker, pays big bucks, especially about big things. Not having to...
by bottlecap
Tue Aug 25, 2020 7:47 am
Forum: Personal Consumer Issues
Topic: Thoughts on Tennessee
Replies: 116
Views: 13314

Re: Thoughts on Tennessee

I moved here 30 years ago from the Northeast. Not to retire, though. My mother lives in Florida and swears Tennessee is hotter and more humid in the summer. Sometimes that’s true, but I doubt it’s true all of the time. Florida probably does have more rain in the summer and is, of course, closer to t...
by bottlecap
Thu Aug 20, 2020 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: 30YO Biglaw Associate- Advice Welcome!!
Replies: 49
Views: 5641

Re: 30YO Biglaw Associate- Advice Welcome!!

Definitely check out inhouse opportunities. If partnership is not likely then either 1) look to go inhouse and/or 2) start looking for a lateral move to another firm. Once you get passed over for partnership at 8-10 years, you're a bit long in the tooth to command a premium in a transfer unless your...
by bottlecap
Mon Aug 17, 2020 7:15 am
Forum: Investing - Theory, News & General
Topic: Vanguard paper on its investors who moved to all-cash during the pandemic
Replies: 61
Views: 7674

Re: Vanguard paper on its investors who moved to all-cash during the pandemic

The key point is ratio of winners to losers when making the move to all cash. Let’s all try not to be offended by every little thing. It’s getting out of hand. All cash is not a reasonable asset allocation. It’s a pure timing move, based on either greed or fear. Far better adjust your asset allocati...
by bottlecap
Sun Aug 16, 2020 8:49 pm
Forum: Investing - Theory, News & General
Topic: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time
Replies: 93
Views: 12094

Re: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time

I appreciate your posting this. But do you think you could put some thought into it?

You just copied word-for-word two paragraphs of the article without comment.

JT
by bottlecap
Sun Aug 16, 2020 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Financially Independent young - why not retire?
Replies: 42
Views: 5713

Re: Financially Independent young - why not retire?

The world is apparently your oyster. Do whatever you want. If you want to stay in your field, you’ll have to do something. If you don’t, you can do what you like. It doesn’t have to be a high pressure job or retirement. There’s plenty of stuff in between if you don’t "need" the money.

JT
by bottlecap
Sun Aug 16, 2020 7:36 am
Forum: Forum Issues and Administration
Topic: new controversial issue
Replies: 16
Views: 1678

Re: new controversial issue

I haven’t seen this, but I also haven’t been browsing much of late.

But why would you pen something directed only at the moderators in a public post?

JT
by bottlecap
Fri Aug 14, 2020 2:09 pm
Forum: Personal Investments
Topic: Young widow, life insurance payout questions
Replies: 20
Views: 2768

Re: Young widow, life insurance payout questions

I’m sorry for your loss. I think you are taking the correct approach in not making a decision for 6 to 12 months. Certificates of deposit would be a good nearly risk-free place to keep the money and hopefully keep up with inflation. And if you take time off from work, keep however much time off's wo...
by bottlecap
Fri Aug 14, 2020 1:05 pm
Forum: Personal Investments
Topic: Aggressive pessimism and yet investing
Replies: 36
Views: 2473

Re: Aggressive pessimism and yet investing

Lol, most people I know like this just blow all their money because YOLO, but meh, idk, outside of needs and some fun, most things are just boring ass stuff. So that isn't my vibe either. Invest you must. The only alternative is to do the above and when your working life is over, complain that thos...
by bottlecap
Fri Aug 14, 2020 7:16 am
Forum: Personal Finance (Not Investing)
Topic: My kid scratched my neighbor's new car
Replies: 115
Views: 7254

Re: My kid scratched my neighbor's new car

How much do you think it costs to repaint one or more complete body panels? $2400 may be a little high, but it's definitely not crazy. Have you gotten any estimates from a legitimate body shop for painting recently and Maaco doesn't count. If the vehicle is in the shop for a few days, the neighbor ...