Search found 5683 matches

by bottlecap
Fri Nov 16, 2018 8:50 am
Forum: Personal Consumer Issues
Topic: Home sale etiquette: wall repair
Replies: 49
Views: 2633

Re: Home sale etiquette: wall repair

As long as the holes were there when they saw the place before buying, leave it.

I had a seller remove the drapes and leave torn up drywall after we saw and bought the place. They had to fork over some money for that.

JT
by bottlecap
Fri Nov 09, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Health Insurance - Multiple Scenarios
Replies: 7
Views: 643

Re: Health Insurance - Multiple Scenarios

I'm assuming you have high deductibles and that you all are relatively healthy.

If so, health sharing and/or short term polocies are the way to go.

It stinks, but the alternative is crippling.

JT
by bottlecap
Thu Nov 08, 2018 10:18 pm
Forum: Investing - Theory, News & General
Topic: Stock markets not at all time highs
Replies: 19
Views: 2458

Re: Stock markets not at all time highs

The Chart has no explanation. What good is it?

JT
by bottlecap
Thu Nov 08, 2018 4:00 pm
Forum: Personal Consumer Issues
Topic: Too many choices for my next TRUCK
Replies: 83
Views: 5946

Re: Too many choices for my next TRUCK

I don't know how the ecoboost gimmick works with the Ford trucks, but I'd feel comfortable with the Ford over the Nissan for reliability. The Tundra probably has a leg up in this area, though.

JT
by bottlecap
Thu Nov 08, 2018 12:24 pm
Forum: Personal Consumer Issues
Topic: New Treadmill - Proposition 65 Warning Label
Replies: 22
Views: 2029

Re: New Treadmill - Proposition 65 Warning Label

If you had to purchase the air you breathed in California, it would have to come with a Prop 65 warning.

It is a meaningless sticker to be ignored.

JT
by bottlecap
Thu Nov 08, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: Honda Insight, MSRP vs. actual price
Replies: 1
Views: 244

Re: Honda Insight, MSRP vs. actual price

If you are ready to buy, email 5 or 6 dealerships asking for their best out the door price.

This will give you an idea of whether the vehicles sell at any discount to MRSP.

If it's a popular vehicle that moves quickly, it probably won’t sell at any discount.

JT
by bottlecap
Thu Nov 08, 2018 7:55 am
Forum: Investing - Help with Personal Investments
Topic: Are We In A Real Estate Bubble?
Replies: 108
Views: 12094

Re: Are We In A Real Estate Bubble?

Yes, we probably are. But there's not much you can do about it. And to what extent is difficult to gauge.

It is a truism that real estate prices are local, but that doesn’t mean that prices across the country can’t still be in a bubble, like in 2008.

JT
by bottlecap
Wed Nov 07, 2018 9:32 pm
Forum: Personal Consumer Issues
Topic: High-end Christmas decorations
Replies: 41
Views: 3937

Re: High-end Christmas decorations

If you actually want to save, buy used. We got a nice used 9 foot Costco Christmas tree for about $50 a few years back. You aren't going to get those deals in a store. Seems crazy to skip the decorations and be "bummed" this year in the hopes of saving 30% on some slim pickings after the holidays. JT
by bottlecap
Wed Nov 07, 2018 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 11692

Re: If expenses are low, are some of us over saving?

So your proposal is to have no retirement savings and live on $36k (maybe) a year during retirement because you have your house paid off?

Sounds like a wonderful retirement. I hope it doesn't last too long!

JT
by bottlecap
Tue Nov 06, 2018 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: How high can House prices go
Replies: 43
Views: 5165

Re: How high can House prices go

There's lots of money out there right now. Asset prices are up. Might get reined back in temporarily. Who knows?

JT
by bottlecap
Mon Nov 05, 2018 10:11 pm
Forum: Personal Consumer Issues
Topic: Car buying: New vs. Used IF you keep it for 8+ years paying cash.
Replies: 16
Views: 2391

Re: Car buying: New vs. Used IF you keep it for 8+ years paying cash.

Just buy a new car. Don't twist yourself into a pretzel rationalizing it.

JT
by bottlecap
Sun Nov 04, 2018 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Teaching kids there is an ample amount of money
Replies: 108
Views: 7961

Re: Teaching kids there is an ample amount of money

Teach them about working hard. Teach them about saving and being frugal. Tell them not to expect an inheritance, because they are not entitled to anything they don't earn.

I think even if you spend a bit, you can still instill the values of hard work and not expecting anything they don't earn.

JT
by bottlecap
Sat Nov 03, 2018 6:03 pm
Forum: Personal Consumer Issues
Topic: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?
Replies: 51
Views: 2372

Re: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?

ble" Nothing. There is more than enough news out there for free. More is not always better, and in this case it is worse. The problem is not to get news but to get credible news. Victoria I have to agree with Patrick. If one can't look at a variety of sources and drill down and separate the wheat fr...
by bottlecap
Fri Nov 02, 2018 8:04 pm
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 9280

Re: no dividends in index funds!

As others have indicated, this is just mental accounting.

The form of your return is immaterial, except under tax law, in which case, dividends are less advantageous.

JT
by bottlecap
Fri Nov 02, 2018 7:54 pm
Forum: Personal Consumer Issues
Topic: People with older car, share your unusual repairs
Replies: 84
Views: 5218

Re: People with older car, share your unusual repairs

I had to replace the garbage disposal in my 2000 Ford.

They sure don’t make them like they used to.

JT
by bottlecap
Fri Nov 02, 2018 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Individual Health Insurance mandate question
Replies: 6
Views: 589

Re: Individual Health Insurance mandate question

Irecall reading somewhere that the tax was in effect for 2018 and that it didn’t go to zero until next year (2019). Not positive but worth confirming if you might be a candidate for the tax. This is true as I understand it. But the insurance rates are so high now that the vast majority of people wo...
by bottlecap
Thu Nov 01, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: 45% increase in marketplace insurance
Replies: 72
Views: 4140

Re: 45% increase in marketplace insurance

Not a lot of people in this forum have gone through this, as you can see. They don't understand. My family would be without insurance if we didn't live in Tennessee, which permits an exception the national mandate. In fact we were without insurance for a time because of the law and what it did to in...
by bottlecap
Sat Oct 27, 2018 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Should I get vision insurance?
Replies: 39
Views: 4053

Re: Should I get vision insurance?

I've never paid for it.

Unless you have unexpected and expensive vision surgery, how do you benefit from it?

It's not like the premiums are going to be less than your prescriptions. If they were, the insurance company would lose money and go out of business.

JT
by bottlecap
Sat Oct 27, 2018 8:39 pm
Forum: Personal Consumer Issues
Topic: Insurance for dog(s) ?
Replies: 12
Views: 883

Re: Insurance for dog(s) ?

My opinion is that a dog is a piece of property. I only insure property that would be a financial hardship to replace. A dog ain't one of them. Now, I might spend more to repair a dog that I am familiar with than replace it with a new one. I am a little sentimental. But I'm not buying pet insurance ...
by bottlecap
Sat Oct 27, 2018 8:28 pm
Forum: Personal Consumer Issues
Topic: How many miles (total) on car before buying another car ?
Replies: 114
Views: 7162

Re: How many miles (total) on car before buying another car ?

If you are truly worried about that, don't drive in the bad part of town. Or take two months of the car payment you save and buy a handgun and a training course. I think if you are buys guns to avoid getting a new car :shock: .... just get a new car already. The point is the new car doesn't solve y...
by bottlecap
Sat Oct 27, 2018 8:05 pm
Forum: Personal Consumer Issues
Topic: How many miles (total) on car before buying another car ?
Replies: 114
Views: 7162

Re: How many miles (total) on car before buying another car ?

There is no right answer. Only people that think what they do is right. The only thing I can add is that all cars can break down. I sudden breakdown in a well maintained car with 200,000 miles is not really that much more likely to be a problem than a car with 30,000 miles on it. So "I might break d...
by bottlecap
Sat Oct 27, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: What A Deal! [Affordable Care Act policy costs]
Replies: 28
Views: 3994

Re: What A Deal!

Well then, I guess we all ought to pay $15,000 a year for car insurance, because a minor car accident could result in those expenses easily.

JT
by bottlecap
Fri Oct 26, 2018 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Insurance to cover catastrophe health situation?
Replies: 26
Views: 1603

Re: Insurance to cover catastrophe health situation?

Lifetime maximums aren't an issue, because within a year, you can get on a government mandated plan that can't impose those maximums. So anything over the maximum (unlikely anyway) that you can't work out with the provider, you simply file bankruptcy over. You have to work through and figure out wha...
by bottlecap
Fri Oct 26, 2018 6:58 am
Forum: Investing - Theory, News & General
Topic: Market irrationality
Replies: 35
Views: 4057

Re: Market irrationality

Market "irrationality" is a popular refrain of those whose theories are insufficient to explain economic phenomenon.

But the definition of something "irrational" is not "anything that happens in the real world that my model is insufficient to explain."

JT
by bottlecap
Thu Oct 25, 2018 7:21 pm
Forum: Personal Consumer Issues
Topic: Insignia TV Has Black Screen
Replies: 32
Views: 1654

Re: Insignia TV Has Black Screen

My tube TV had 20 years of use without a problem before I threw it out. But it was functionally obsolete because picture quality had improved so much in those 20 years. It may have also been a good brand. 1080P LCD TV's are probably approaching 15 years of mainstream use and are not obsolete yet as...
by bottlecap
Thu Oct 25, 2018 7:00 am
Forum: Personal Consumer Issues
Topic: Indoor Play toys for toddler
Replies: 31
Views: 1802

Re: Indoor Play toys for toddler

Mine loved boxes. Or anything resembling a stick. They still do.

I don’t think you can expect any toy to keep an 18 month old entertained for two hours.

How about a little bit of everything? Play time, song time, reading time, getting ready for bed time, then maybe a short story while in bed?

JT
by bottlecap
Thu Oct 25, 2018 6:44 am
Forum: Investing - Theory, News & General
Topic: Why I'm 100% stocks
Replies: 149
Views: 17219

Re: Why I'm 100% stocks

I like to think that I'm best off not taking extreme positions, especially when based on shaky logic.

JT
by bottlecap
Thu Oct 25, 2018 6:40 am
Forum: Investing - Help with Personal Investments
Topic: For those waiting for a 'correction' ...
Replies: 88
Views: 12346

Re: For those waiting for a 'correction' ...

Great question. I’m sure the prevailing sense of those waiting is that they shouldn’t invest because now the market has "shown" there is more decline to come. And maybe there is. If some folks that previously were waiting for a dip actually feel and are willing to express those fears, this thread co...
by bottlecap
Tue Oct 23, 2018 7:47 am
Forum: Personal Finance (Not Investing)
Topic: 50% of Cancer Patients Burn Through Their Life's Savings in Just 2 Years
Replies: 70
Views: 7897

Re: 50% of Cancer Patients Burn Through Their Life's Savings in Just 2 Years

Don't be terrified. It's a very misleading headline and an only slightly less misleading study. JT It's the same study I posted about here , including a link to the original peer-reviewed article. The headline may be sensational, but why do you think the study is "misleading?" It seems like a prett...
by bottlecap
Mon Oct 22, 2018 9:07 pm
Forum: Personal Consumer Issues
Topic: Dentist "Service Fee" for Filing Insurance Claim?
Replies: 33
Views: 3240

Re: Dentist "Service Fee" for Filing Insurance Claim?

Dottie57 wrote:
Mon Oct 22, 2018 8:21 am
bottlecap wrote:
Mon Oct 22, 2018 7:40 am
A service fee seems reasonable. There is paperwork and other trouble involved.

$150 for a service fee, however, I would fight as outrageous.

JT
Never heard of it. Part of doing business. The Dental fees are very high already.
It's good to have an opinion.
by bottlecap
Mon Oct 22, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: 50% of Cancer Patients Burn Through Their Life's Savings in Just 2 Years
Replies: 70
Views: 7897

Re: 50% of Cancer Patients Burn Through Their Life's Savings in Just 2 Years

Don't be terrified. It's a very misleading headline and an only slightly less misleading study.

JT
by bottlecap
Mon Oct 22, 2018 7:40 am
Forum: Personal Consumer Issues
Topic: Dentist "Service Fee" for Filing Insurance Claim?
Replies: 33
Views: 3240

Re: Dentist "Service Fee" for Filing Insurance Claim?

A service fee seems reasonable. There is paperwork and other trouble involved.

$150 for a service fee, however, I would fight as outrageous.

JT
by bottlecap
Sat Oct 20, 2018 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Can you include this in a will?
Replies: 23
Views: 3582

Re: Can you include this in a will?

I'd just get the will done right so that a challenge is not going to be successful. That's the best way to discourage a fight.

JT
by bottlecap
Fri Oct 19, 2018 12:45 pm
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 131
Views: 8485

Re: When to change tires; and what brand

I tried a lot of brands until I tried Michelin’s. I will not buy anything else unless tire rack users suggest that they don’t do well on the vehicle I have. Even then, I’ll be skeptical and might go Michelin’s anyway. The Michelin’s are more expensive, but highly rated. Further, I've had two sets on...
by bottlecap
Fri Oct 19, 2018 12:28 pm
Forum: Personal Consumer Issues
Topic: Most economical high-quality car wash
Replies: 13
Views: 1476

Re: Most economical high-quality car wash

If your knees work, you can wash the outside of your car, even with a bad back. The inside is another story.

Otherwise, you’d have to pay someone through the nose to get it done right.

JT
by bottlecap
Fri Oct 19, 2018 8:47 am
Forum: Investing - Theory, News & General
Topic: Are bonds the Maginot Line of Modern Investing?
Replies: 43
Views: 4125

Re: Are bonds the Maginot Line of Modern Investing?

I agree that the Maginot Line is falsely attributed a negative connotation. It worked as it should have. The rest of the Allied thinking and strategy was what was out of date. Still, the German plan was risky, and had to be risky, in part due to the Maginot Line. That it succeeded was not because of...
by bottlecap
Thu Oct 18, 2018 10:55 am
Forum: Personal Consumer Issues
Topic: Car servicing
Replies: 48
Views: 3514

Re: Car servicing

As others have said, the issue is that you take it to dealers. Take it to a busy independent.

JT
by bottlecap
Tue Oct 16, 2018 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Kids not interested in money / allowance
Replies: 50
Views: 5061

Re: Kids not interested in money / allowance

Let them be kids. They are learning by seeing what you do with money. You may not see it, but it is sinking in.

JT
by bottlecap
Sun Oct 14, 2018 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: When to stop putting money into an older vehicle
Replies: 90
Views: 6421

Re: When to stop putting money into an older vehicle

Generally, don't fix small leaks. Certainly not for $1,500 a pop. If you are tempted to do these things that dealers tell you, stop taking it to dealers.

To drive an old car, you've got to become savvy about these things. Otherwise replace every 10 years. Or lease.

JT
by bottlecap
Sat Oct 13, 2018 8:56 pm
Forum: Personal Consumer Issues
Topic: Suit for Teenager
Replies: 18
Views: 1235

Re: Suit for Teenager

MathWizard wrote:
Sat Oct 13, 2018 4:13 pm
J C Penny's
Just what I was thinking.

JT
by bottlecap
Thu Oct 11, 2018 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare premiums will be down an average of 1.5 percent next year
Replies: 39
Views: 4074

Re: Obamacare premiums will be down an average of 1.5 percent next year

A welcome relief from the 400% increase since it's enactment, no doubt.

JT
by bottlecap
Thu Oct 11, 2018 1:29 pm
Forum: Personal Consumer Issues
Topic: UPDATE Considering new Honda Pilot, other suggestions?
Replies: 35
Views: 2018

Re: Considering new Honda Pilot, other suggestions?

The Pilots and Highlanders look so much like minivans nowadays, that you might as well consider one. But I do think that the Sienna is the only offering in AWD.

JT
by bottlecap
Thu Oct 11, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: My life saved by New subaru. Almost died.
Replies: 62
Views: 7297

Re: My life saved by New subaru. Almost died.

All the times when I've almost died, I've actually almost died. Lol.

Glad to hear the autonomous emergency braking works in a pinch. I do wish it wouldn't go off from approaching vehicles on narrow roads.

JT
by bottlecap
Thu Oct 11, 2018 6:27 am
Forum: Investing - Theory, News & General
Topic: This Time is Different
Replies: 30
Views: 5516

Re: This Time is Different

Most of the statements are hard to dispute. If their conclusion is that the central bankers are the problem, however, the solution of giving them more power is laughable. And there is no early warning system. If there were, few economists would agree on what it was. And those on the Federal Reserve ...
by bottlecap
Thu Oct 11, 2018 6:13 am
Forum: Personal Consumer Issues
Topic: Feeling Guilt among family/peers
Replies: 42
Views: 5275

Re: Feeling Guilt among family/peers

I’ve never felt guilty, in part because I don’t tell people how much I make, how much I spent on my wife's engagement ring, and only take two weeks of vacation a year anyway. But if I did more than these things, I still wouldn’t feel guilty. Contrary to popular belief, what you earn is yours and you...
by bottlecap
Wed Oct 10, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: Paul Romer & William Nordhaus share Nobel Prize in Economics
Replies: 16
Views: 1566

Re: Paul Romer & William Nordhaus share Nobel Prize in Economics

bobcat2 wrote:
Wed Oct 10, 2018 2:34 pm
bottlecap wrote:
Wed Oct 10, 2018 2:09 pm
Yup. I was talking about his conclusion in the original link.

JT
The conclusion in the two articles is the same. The metaphors employed are the differences in the two articles.

BobK
Conclusion is different from theory.

JT
by bottlecap
Wed Oct 10, 2018 2:19 pm
Forum: Investing - Theory, News & General
Topic: 5 ways target-date funds let investors down
Replies: 38
Views: 3560

Re: 5 ways target-date funds let investors down

I'm not sure there is anything to discuss. Much of it is self-evident. My two thoughts are 1) that the author puts way too much faith in the effect of small caps and 2) it weird to say in one breath that target date funds treat every the same regardless of age and in the next say that different allo...
by bottlecap
Wed Oct 10, 2018 2:09 pm
Forum: Investing - Theory, News & General
Topic: Paul Romer & William Nordhaus share Nobel Prize in Economics
Replies: 16
Views: 1566

Re: Paul Romer & William Nordhaus share Nobel Prize in Economics

Paul Romer blog post on economic growth. People are reasonably good at estimating how things add up, but for compounding, which involved repeated multiplication, we fail to appreciate how quickly things grow. As a result, we often lose sight of how important even small changes in the average rate o...
by bottlecap
Wed Oct 10, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: Questions about adding bluetooth to an older car via a "head unit"/receiver
Replies: 4
Views: 424

Re: Questions about adding bluetooth to an older car via a "head unit"/receiver

A worthwhile purchase. Android Auto is crap, though. Even worse than Apple Carplay. I woould just get a unit with a decent Bluetooth feature. You can still advance through songs and such on the unit. I also did not find having navigation on the screen was worthwhile. It was easier to use the phone. JT
by bottlecap
Wed Oct 10, 2018 12:58 pm
Forum: Investing - Theory, News & General
Topic: Paul Romer & William Nordhaus share Nobel Prize in Economics
Replies: 16
Views: 1566

Re: Paul Romer & William Nordhaus share Nobel Prize in Economics

Paul Romer blog post on economic growth. People are reasonably good at estimating how things add up, but for compounding, which involved repeated multiplication, we fail to appreciate how quickly things grow. As a result, we often lose sight of how important even small changes in the average rate o...