Search found 5017 matches

by bottlecap
Thu Jan 18, 2018 1:14 pm
Forum: Personal Consumer Issues
Topic: How do you adjust side mirrors in a car?
Replies: 24
Views: 970

Re: How do you adjust side mirrors in a car?

sfchris wrote:
Thu Jan 18, 2018 11:44 am
My high school driving instructor bashed it into my skull in 1985 that I should always do a head check before changing lanes.

I still do. So the mirrors are nice, but not required.
I agree with the head check, no matter how mirrors are adjusted.
by bottlecap
Thu Jan 18, 2018 9:22 am
Forum: Personal Consumer Issues
Topic: How do you adjust side mirrors in a car?
Replies: 24
Views: 970

Re: How do you adjust side mirrors in a car?

I’m trying to figure out how this comes up in casual conversation, and I just can’t. So I’m guessing you notice this when you get into someone else’s car and are driving their car. Unless they are the exact same size as you, their mirrors will be positioned their mirrors will be positioned different...
by bottlecap
Thu Jan 18, 2018 8:23 am
Forum: Investing - Theory, News & General
Topic: 0% growth on stocks for the next decade?
Replies: 16
Views: 1681

Re: 0% growth on stocks for the next decade?

Tell me when the "next decade" begins. Then I will pull out. Until then, I’m enjoying the ride up for as long as it lasts.

JT
by bottlecap
Thu Jan 18, 2018 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Is This Allocation Crazy?
Replies: 10
Views: 583

Re: Is This Allocation Crazy?

ETFs can be anything - stocks, bonds, real estate, etc... if you were not aware of this, it’s time to go back to the drawing board and do some book learning (or the wiki) before making any investments. Then come back with questions.

Good luck,

JT
by bottlecap
Thu Jan 18, 2018 8:13 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 110
Views: 5007

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

I'm sure it’s mean for "busy" doctors who a) have hundred dollar bills dangling from their chins after eating at nice restaurants, b) don’t feel they have the time to learn by roaming either this site or whitecoatinvestor.com, and c) don’t value any advice unless they pay for it. If you have time to...
by bottlecap
Thu Jan 18, 2018 8:07 am
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 38
Views: 2211

Re: How to overcome the fear of spending money? (Buying a car)

How much of your net worth is the car? 1.4% of net worth Then it shouldn’t hurt you. Assuming you are on track for all your other goals and obligations (you don’t mention any), you don’t need anyone's permission to spend money on something "fun" that you don’t need, but want. Remember you can alway...
by bottlecap
Thu Jan 18, 2018 1:56 am
Forum: Personal Finance (Not Investing)
Topic: Take a 401k Loan?
Replies: 41
Views: 1642

Re: Take a 401k Loan?

I think taking a 401k loan with the investing history you describe would be a last resort. Like "I gotta eat" last resort. This is not a case of oversaving in a 401k and taking a loan to access that money to buy a house. This is taking out a 401k loan to pay an investment debt (really gambling debt ...
by bottlecap
Thu Jan 18, 2018 1:46 am
Forum: Investing - Help with Personal Investments
Topic: What will happen if everyone indexed?
Replies: 15
Views: 1304

Re: What will happen if everyone indexed?

The worse case scenario would be that the some good active funds would start regularly beating indexing. I think theory-wise it’s been explained many times why that won’t happen, but that’s your worse case. The moon will not crash into the Earth or anything. However, if you live long enough for that...
by bottlecap
Thu Jan 18, 2018 1:37 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Bullied Me
Replies: 32
Views: 4450

Re: Vanguard Advisor Bullied Me

I gotta side with Vanguard here. No offense to the original poster, but after a post and a clarification, I still don’t have a clear enough idea of what's going on. And the written word is much easier than over the phone. My best guess is that the OP told the advisor I need x amount from this accoun...
by bottlecap
Wed Jan 17, 2018 6:04 pm
Forum: Investing - Theory, News & General
Topic: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years
Replies: 81
Views: 6742

Re: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years

It is impossible to accurately calculate the percentage chance of a future correction in as short a period as a year, no matter what you define it as. The facts and circumstances this year are not the same as any of the previous years' corrections. So any such "prediction" necessarily places too muc...
by bottlecap
Wed Jan 17, 2018 5:58 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 38
Views: 2211

Re: How to overcome the fear of spending money? (Buying a car)

How to overcome the fear of spending money? I am stressing out because I want to buy a new car (MX-5 Miata) but constantly feel like I am wasting money and potentially delaying my retirement plan due to the use of this money. The car is about $30k out the door. I do have a truck but I want a daily ...
by bottlecap
Wed Jan 17, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: Recent market gains
Replies: 18
Views: 1467

Re: Recent market gains

Couldn't this be said every time the market moves up? Clearly there is money on the sidelines. Most likely in cash. If earnings projections rise, you don't think some of that money is going to take advantage? There are only so many rebalancing Bogleheads. Plus, if a Boglehead holds a 50/50 stock bon...
by bottlecap
Wed Jan 17, 2018 3:24 pm
Forum: Investing - Theory, News & General
Topic: What to adjust now if not leaving a legacy?
Replies: 10
Views: 720

Re: What to adjust now if not leaving a legacy?

Have you read that the 4% Rule can also fail and leave you broke before you die? I don’t think you can deviate much from the 4% Rule because of that, but your risk profile may differ. One option is to annuitize, which would let you spend your annuity payments with abandon. The only risk would be of ...
by bottlecap
Wed Jan 17, 2018 1:37 pm
Forum: Investing - Theory, News & General
Topic: Feeding the market
Replies: 14
Views: 1042

Re: Feeding the market

Who knows? :sharebeer

JT
by bottlecap
Wed Jan 17, 2018 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Make me feel good about my bond allocation
Replies: 19
Views: 1246

Re: Make me feel good about my bond allocation

Age minus 13 is reasonable. I hope you feel better.

JT
by bottlecap
Wed Jan 17, 2018 1:30 pm
Forum: Investing - Theory, News & General
Topic: A question that keeps coming to my head
Replies: 13
Views: 1048

Re: A question that keeps coming to my head

I don’t understand the question. I assume you know the obvious “difference”. What else do you want to know that you can’t figure out?

JT
by bottlecap
Wed Jan 17, 2018 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance - Bodily Injury/Physical Damage Liability
Replies: 11
Views: 924

Re: Auto Insurance - Bodily Injury/Physical Damage Liability

Assuming it is a cut and dried case, your own insurance company won't be willing to fight on your behalf in court, so they'll just deposit $50,000 with the courts and stay out of it. Then you are on your own to try to mount your defense. I don't believe this is accurate. In general, an insurance co...
by bottlecap
Wed Jan 17, 2018 7:44 am
Forum: Personal Consumer Issues
Topic: Car Scratch Removal
Replies: 13
Views: 1047

Re: Car Scratch Removal

You can try a rubbing compound. Meguiar's and 3M make some decent ones.

JT
by bottlecap
Wed Jan 17, 2018 7:30 am
Forum: Investing - Help with Personal Investments
Topic: 23 Years Old, Uncomfortable with Target Date Funds
Replies: 19
Views: 2007

Re: 23 Years Old, Uncomfortable with Target Date Funds

1. Your reasons are (mostly) sound. Big issues are portability, pension’s tendency to underfund over time, and ability to leave funds to your heirs. 2. Leave it in the target retirement fund. We are all overconfident, but the truth is you are unlikely to do better with another allocation and/or timi...
by bottlecap
Wed Jan 17, 2018 7:12 am
Forum: Investing - Theory, News & General
Topic: Energy sector time to turn around?
Replies: 43
Views: 3607

Re: Energy sector time to turn around?

How does the energy sector fit into your overall investment strategy and asset allocation?

I would follow that.

If you don’t have an answer to that, I would not invest in it.

JT
by bottlecap
Tue Jan 16, 2018 7:17 pm
Forum: Investing - Theory, News & General
Topic: Is lump sum or dollar cost averaging more in line with boglehead values?
Replies: 22
Views: 1444

Re: Is lump sum or dollar cost averaging more in line with boglehead values?

No contradiction. If you have th appropriate AA, then you are invested appropriately, just do it.

There is no more risk of losing than there is of losing out.

JT
by bottlecap
Tue Jan 16, 2018 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Got raise. Taxes taking 41% of it?
Replies: 30
Views: 3781

Re: Got raise. Taxes taking 41% of it?

This probably has more to do with your withholding than your taxes. What is that set up as?

JT
by bottlecap
Tue Jan 16, 2018 9:17 am
Forum: Investing - Theory, News & General
Topic: pros and cons of target date funds?
Replies: 21
Views: 885

Re: pros and cons of target date funds?

They can be slightly more expensive, but if you ask me, well worth it. If used in a taxable account, they incur more taxable events. Sometimes you cant use just those funds because they are not offered in some of your accounts. People who have the option of using them that don’t, are usually hoping ...
by bottlecap
Tue Jan 16, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Newbie wanting to INVEST!
Replies: 22
Views: 1305

Re: Newbie wanting to INVEST!

Welcome. Do you know what allocation you would like? You seem very conservative. If you can figure out what you want to invest in, just start. Start with the 401k. Try a target date retirement fund. No one knows what the market will do, but if you wait and try to time it, you will almost assuredly l...
by bottlecap
Tue Jan 16, 2018 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Are we in an Index fund bubble? Are we irrationally overlooking individual stock analysis?
Replies: 18
Views: 2572

Re: Are we in an Index fund bubble? Are we irrationally overlooking individual stock analysis?

Somebody makes a post like this every few weeks. It's been discussed ad naseum. We all decided that the minute markets are no longer efficient, we will all become active investors. Since yours is the latest post, you are on "guard" duty. Let us know when the switch has flipped. And you have to be th...
by bottlecap
Tue Jan 16, 2018 6:52 am
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance - Bodily Injury/Physical Damage Liability
Replies: 11
Views: 924

Re: Auto Insurance - Bodily Injury/Physical Damage Liability

$100k/$300k is inadequate nowadays.

Honestly, $250k/$500k be the minimum. I have more than that.

JT
by bottlecap
Tue Jan 16, 2018 6:43 am
Forum: Investing - Help with Personal Investments
Topic: I'm hooked
Replies: 22
Views: 3835

Re: I'm hooked

Welcome aboard!
by bottlecap
Mon Jan 15, 2018 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Understanding the Great Recession Impact
Replies: 44
Views: 3228

Re: Understanding the Great Recession Impact

Don’t worry yourself. The book and the article are a semi-political fluff pieces. Writers have to make a living somehow and to do that, sometimes they ignore facts to manufacture fear and outrage. It got you reading, didn’t it! If you are diversified, the real worry is not getting wiped out, it’s a ...
by bottlecap
Fri Jan 12, 2018 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Plan - How to make the most of it?
Replies: 43
Views: 4520

Re: New Tax Plan - How to make the most of it?

By your logic, the answer is simple. Don’t contribute anything to retirement accounts and you save twice as much under the new tax plan.

JT
by bottlecap
Fri Jan 12, 2018 9:37 pm
Forum: Personal Consumer Issues
Topic: Has InformedforLife.org (vehicle safety ratings) gone too far?
Replies: 29
Views: 1927

Re: Has Informed for Life .org (vehicle safety ratings) gone too far?

I'd also pose this question. You're driving in your (insert your weight) car, come around a corner and an out of control dumptruck full of gravel hits you head on. You're going 50 and he's going 50. I'd submit that if you're on a bicycle or a Suburban, you're done. But if you’re on the bike, you’re...
by bottlecap
Fri Jan 12, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: 0W-20 Synthetic Motor Oil
Replies: 44
Views: 5291

Re: 0W-20 Synthetic Motor Oil

Leesbro63 wrote:
Fri Jan 12, 2018 10:12 am
My 7 year dormant thread comes alive!
And resurrected by one of the original responders, no less!
by bottlecap
Fri Jan 12, 2018 7:33 am
Forum: Investing - Help with Personal Investments
Topic: 26, have a job, now what?! Seeking advice!
Replies: 43
Views: 1999

Re: 26, have a job, now what?! Seeking advice!

Congratulations! We cannot help you determine you asset allocation. A good rule of thumb is that whatever percentage of stock allocation you have you must be able to stomach a 50% drop in a short period of time. That’s why it’s a bad idea to have any money for short term goals (less tha 7 or 8 years...
by bottlecap
Thu Jan 11, 2018 12:55 pm
Forum: Personal Consumer Issues
Topic: Car accident - was directed to sign release
Replies: 71
Views: 4537

Re: Car accident - was directed to sign release

Your diminished value seems high. And the insurance co will likely fight it. Pain and suffering seems low, given that your wife actually had an injury that required medical treatment, splint, and time to heal. Unlikely to get lost wages unless you can prove it. I would not settle the injury part unt...
by bottlecap
Thu Jan 11, 2018 12:33 pm
Forum: Personal Consumer Issues
Topic: Which Car To Keep
Replies: 25
Views: 1367

Re: Which Car To Keep

Keeping the tundra makes sense to me if you use the bed, especially if you can (or never need to) get all the kids in it when your spouse is issuing the other (new) vehicle.

JT
by bottlecap
Thu Jan 11, 2018 12:26 pm
Forum: Investing - Theory, News & General
Topic: How do you time the market when you have to?
Replies: 14
Views: 929

Re: How do you time the market when you have to?

Op, The scenario you present is not one in which market timing is “necessary.” Just roll the funds over in immediately invest them in your desired allocation.

JT
by bottlecap
Thu Jan 11, 2018 6:31 am
Forum: Personal Consumer Issues
Topic: Sell Sports Car and Invest or Keep for Fun Factor
Replies: 25
Views: 1150

Re: Sell Sports Car and Invest or Keep for Fun Factor

If you’re maxing everything and plan to continue to do so, I’d keep it. And probably drive it more.

JT
by bottlecap
Wed Jan 10, 2018 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay for a new kitchen and dining room
Replies: 26
Views: 1554

Re: How to pay for a new kitchen and dinning room

Wow. That’s quite a remodel.

The best way to finance it is to call your Dad, tell him your plans, ask for advice, and hope he offers you a loan at a fantastic rate.

Or he could go with the obvious route and look into a home equity line of credit.

JT
by bottlecap
Wed Jan 10, 2018 9:11 pm
Forum: Personal Consumer Issues
Topic: Latest generation RAM 1500's
Replies: 27
Views: 1654

Re: Latest generation RAM 1500's

This market is pretty competitive. Rams seem to me to be cheap for a reason. An 8 cylinder truck is not going to be "practical" as a daily driver. But that doesn’t mean it’s going to break you financially. With the increased power of modern engines, you may not need an 8, either. But go for it if yo...
by bottlecap
Tue Jan 09, 2018 8:28 pm
Forum: Personal Consumer Issues
Topic: Low mileage, but old, used car (service and reliabilty)
Replies: 20
Views: 1094

Re: Low mileage, but old, used car (service and reliabilty)

You are fine to change the oil once a year if the manual says 2 years. I probably would, too. I am not a safety-feature ninny. I drive an 18 year old vehicle. I joke that my younger kids will take it to college someday. But I would not let my son take a (then) 16 or 17 year old car to college. My dr...
by bottlecap
Tue Jan 09, 2018 5:19 pm
Forum: Personal Consumer Issues
Topic: Lease a Silverado 4x4 extended cab for $152 month?
Replies: 23
Views: 2430

Re: Lease a Silverado 4x4 extended cab for $152 month?

Seems like a good deal on a lease.

JT
by bottlecap
Mon Jan 08, 2018 2:55 pm
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8444

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

I think these are posts that you can’t share with others in polite society and that only Bogleheads would truly appreciate. It’s good news, worthy of small celebration, and a confirmation that the “Boglehead way” works. I probably won’t ever be making these posts, but I don’t mind them and I “get” w...
by bottlecap
Mon Jan 08, 2018 1:59 pm
Forum: Personal Consumer Issues
Topic: Rent a car for long trip or use my own
Replies: 25
Views: 1251

Re: Rent a car for long trip or use my own

It’s “money in your pocket” either way. The money is just in your pocket longer if you use your own car. Personally, I’d drive my own. Too much of a hassle to rent, even if it saves you $10. I know my vehicle and know its controls and capabilities. I bought it to drive it. The big difference where y...
by bottlecap
Mon Jan 08, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for large sum
Replies: 35
Views: 2219

Re: Asset allocation for large sum

Your question is based on false assumptions, not the least of which is that one can predict what will specifically happen to various assets during the next crash. Every crash is different. Next you assume that the size of a portfolio determines its compenents. In general, it does not. It merely chan...
by bottlecap
Sun Jan 07, 2018 6:35 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 5966

Re: Does the 3 fund portfolio seem somewhat flawed?

Interesting discussion. I think the problem is that the OP considers a large cap company and a mid and small cap company as three different types of companies. The are not. If fact, they could be the same company at different stages of its existence. Or they could be very similar companies in the sa...
by bottlecap
Sun Jan 07, 2018 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Trading 2015 F-150 for 2018 GMC Sierra. Dumb move?
Replies: 31
Views: 1825

Re: Trading 2015 F-150 for 2018 GMC Sierra. Dumb move?

If you're really tempted to do this over a small incentive and worn out tires, I strongly suggest you lease your next vehicle.

JT
by bottlecap
Sun Jan 07, 2018 1:26 pm
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 210
Views: 17624

Re: Memo to those who have won the game: it's time to quit playing

CULater wrote:
Sun Jan 07, 2018 9:42 am
I can tolerate risk -- I just don't like losing money.
I love it. Can I use this as my personal quote?

Everybody should follow their IPS. If they do, they won't have to react to any measure put forth by any economist or shaman.

JT
by bottlecap
Sun Jan 07, 2018 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: An economist dismisses the idea of dollar cost averaging
Replies: 71
Views: 5288

Re: An economist dismisses the idea of dollar cost averaging

DCA is not a good idea because it gives you better returns. If your expected return is positive, you are always better off 'betting" more. You don't need to be an economist to realize that. DCA is a better idea than sitting on the sidelines in the hopes of a downturn. It permits someone to invest wh...
by bottlecap
Sun Jan 07, 2018 12:57 pm
Forum: Personal Consumer Issues
Topic: New Honda CRV - first oil change full synthetic?
Replies: 72
Views: 4510

Re: New Honda CRV - first oil change full synthetic?

The choice is not between the dealer and Jiffy Lube. Oil changes are simple. Find an honest independent and you will be fine. I’m guessing about $45 if you want Mobil 1. JT Do you actually know anyone that will do a full synthetic change with filter for $45? I suspected my Mazda dealer was being eg...
by bottlecap
Sun Jan 07, 2018 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Does it make sense to try to "time" a first time home purchase?
Replies: 48
Views: 2143

Re: Does it make sense to try to "time" a first time home purchase?

No it doesn't make sense.

But your problem isn't the housing market. It's the market you're looking in. It will always be expensive compared to other areas.

JT
by bottlecap
Sun Jan 07, 2018 8:04 am
Forum: Investing - Help with Personal Investments
Topic: 3rd update from a panicked investor
Replies: 14
Views: 3100

Re: 3rd update from a panicked investor

Congratulations! You're doing well. As other have noted, you are simply losing money investing in a Tax-exempt money market fund inside a tax-deferred account. There's no advantage. Why are you moving away from large cap and getting into mid and small cap? Are you trying to mitigate away the large c...