Search found 493 matches

by Maverick3320
Thu Dec 13, 2018 5:22 pm
Forum: Investing - Theory, News & General
Topic: New PenFed 2% Savings Account
Replies: 13
Views: 1337

Re: New PenFed 2% Savings Account

Wow, awesome. I'm currently a PenFed member and hadn't seen this. Looks like I might have to shift some money around.
by Maverick3320
Thu Dec 13, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: New job, sales at Subaru
Replies: 46
Views: 5190

Re: New job, sales at Subaru

I recommend The Challenger Sale. Most important thing I’d recommend is making sure you know all of the features and trim levels of the cars you sell. There is nothing worse than dealing with a salesman who doesn’t know his own product. Having just been shopping for a car, I second this. Also I was ...
by Maverick3320
Mon Oct 29, 2018 10:15 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 727
Views: 108049

Re: My 2017 CRV is a victim of the dreaded oil gas dilution issue

He has reached conclusions without contacting the company that warranties the vehicle for defects. There is a method to resolve problems with vehicles through the manufacturer. He has decided to reach conclusions based on his opinion and information from the internet that indicates the problem is a...
by Maverick3320
Thu Oct 18, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 254
Views: 30596

Re: High End Wrist Watches (Gone Crazy)

It always fascinates me that so many people feel the need to barf on any thread that talks about high end watches. "I use my phone" "I don't wear a watch" "A $10 Timex tells time better" Yeah, we get it. It fascinates me that people post on a retirement/living frugal/investing forum about expensive...
by Maverick3320
Thu Oct 18, 2018 11:05 am
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 254
Views: 30596

Re: IWC Watch, any thoughts?

A good looking watch! If you can afford it, why not? People disapproving are hypocrites. It is highly likely they are driving a car that is not the cheapest available, yet all cars get one from point a to b. However, I have no input to the specifics of that (or any) watch brand. I'm not sure the an...
by Maverick3320
Thu Oct 11, 2018 10:46 am
Forum: Personal Consumer Issues
Topic: Anyone here major in Economics in college?
Replies: 68
Views: 4036

Re: Anyone here major in Economics in college?

Econ is a pretty practical and employable major, if that's what you are asking. In an abstract sense, more respectable than business, but that's mostly because business majors tend to go to much worse colleges - there are econ majors at Harvard and Stanford, but not business, and bottom-feeding sch...
by Maverick3320
Thu Oct 11, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Pls help us design our family life!!!
Replies: 42
Views: 5415

Re: Pls help us design our family life!!!

Awful hard to help you out when expenses are 10,500 a month and you ask us not to dissect them.

If we can't touch your expenses, my advice is to make more money. Not sure how that will square with you going part time.
by Maverick3320
Wed Oct 10, 2018 1:55 pm
Forum: Personal Consumer Issues
Topic: Very few junk phone calls in Spain?
Replies: 14
Views: 726

Re: Very few junk phone calls in Spain?

I would guess it has to do with several things: 1) the US is a large, developed, rich nation 2) the number of English speakers in the world > the number of Spanish speakers in the world 3) the locations of call centers (Philippines, India, etc) have a lot of English speakers 4) the US generally has ...
by Maverick3320
Wed Oct 10, 2018 11:44 am
Forum: Investing - Theory, News & General
Topic: Sears, a 125 year old company is now a penny stock.
Replies: 127
Views: 15592

Re: Sears, a 125 year old company is now a penny stock.

Even before the Internet, maybe early 80's (late 70's ? ) Sears management starting driving their stores into the ground. True of many retail companies, they cut wages and try to sell you cheap crap on every aisle. You can watch greed slowly destroy great companies. I have bought Kenmore and Crafts...
by Maverick3320
Wed Oct 10, 2018 9:47 am
Forum: Investing - Theory, News & General
Topic: Does the Boglehead ever see a unique opportunity for investment?
Replies: 17
Views: 1822

Re: Does the Boglehead ever see a unique opportunity for investment?

A Boglehead friend of mine decided to put 5% of his port into BAC when it's stock price went below $1/share at the bottom of the 2008 financial crisis. I almost did too. Price of BAC today = 29.98 a "thirty bagger". When did BAC ever go below $1/share? The reason I ask is that I bought BAC at what ...
by Maverick3320
Tue Oct 09, 2018 10:17 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107116

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Thanks for saying something. It invoked such a sad response in me I didn't know how to respond. I do know wages, adjusted for inflation, have stayed basically flat for the last 30 years. Gains in productivity/GDP have not gone to median households. I know Bogleheads tend to be from the fortunate si...
by Maverick3320
Thu Oct 04, 2018 11:02 am
Forum: Personal Consumer Issues
Topic: Charles Murray's and Jordan Peterson's book
Replies: 17
Views: 1426

Re: Charles Murray's and Jordan Peterson's book

In before this gets locked because politics...
by Maverick3320
Wed Sep 26, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: 2019 ACA prices out
Replies: 47
Views: 4953

Re: 2019 ACA prices out

It may also have to do with lifestyles of the covered. The population is getting older, and 40% of American adults are now obese (in 1990, it was less than 15%). You could make a good argument that Americans have the worst lifestyles in the developed world. A quick google search proves this wrong. ...
by Maverick3320
Tue Sep 25, 2018 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: 2019 ACA prices out
Replies: 47
Views: 4953

Re: 2019 ACA prices out

Yes - that would be interesting if after the smoke clears, it's ruled that the mandate has to be enforced - do we get a 2019 rebate since the pricing was based on less younger members in the pool. There are also some indications of companies making money on the plans so that points to more stabiliz...
by Maverick3320
Tue Sep 25, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: 2019 ACA prices out
Replies: 47
Views: 4953

Re: 2019 ACA prices out

Just got my notice from Kaiser. Unsubsidized bronze for myself, a 62yo male, will be $791/month up from $700/mo this year. Not as bad an increase as I was expecting. Interesting that a measly 12% increase elicits gratitude! I wonder why the prices keep going up? A plethora of rationale is always fo...
by Maverick3320
Mon Sep 24, 2018 3:05 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107116

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

“For 240 years it’s been a terrible mistake to bet against America, and now is no time to start. America’s golden goose of commerce and innovation will continue to lay more and larger eggs. America’s social security promises will be honored and perhaps made more generous. And, yes, America’s kids w...
by Maverick3320
Mon Sep 24, 2018 11:35 am
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 231
Views: 16179

Re: iPhone XS Max

The keynote just ended. $1100 for the cheapest iPhone Xs Max at 64 gigabytes of storage. It looks to be negligibly larger in form than a "Plus" model. I do not understand how Apple can continue to raise prices like this, and I'm a huge Apple fan going on 20 years. You can pre order 9/14 and release...
by Maverick3320
Mon Sep 24, 2018 11:25 am
Forum: Personal Consumer Issues
Topic: Ventilated car seats?
Replies: 61
Views: 4401

Re: Ventilated car seats?

I love them. Totally worth it.
by Maverick3320
Fri Sep 21, 2018 9:40 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107116

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

this thread has reminded me to buy international this week buy low sell high is nice Could you do just as well by shorting the USD ? “For 240 years it’s been a terrible mistake to bet against America, and now is no time to start. America’s golden goose of commerce and innovation will continue to la...
by Maverick3320
Wed Sep 19, 2018 11:25 am
Forum: Investing - Theory, News & General
Topic: “Majority of working-age Americans have no retirement savings”
Replies: 73
Views: 4238

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

So where do all these retired people that I see all over the US come from? I suspect people do not tell pollsters the truth about their savings. +1 Why in the world would I want to reveal my financial status to a government agency? You don't have to. Since all of your bank and investment accounts a...
by Maverick3320
Sat Sep 08, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Switching Careers - From IT to Police Officer
Replies: 37
Views: 4314

Re: Switching Careers - From IT to Police Officer

I have a buddy that did the same thing. He's currently a police officer for a relatively well-paid, fairly low-crime city (Madison, WI). He's burned out. Turns out that responding to three or four domestic incidents in terrible neighborhoods isn't all that fun four nights a week (and you'll be start...
by Maverick3320
Sat Sep 08, 2018 12:32 pm
Forum: Personal Consumer Issues
Topic: Is it sensible to buy a car from Elon Musk?
Replies: 59
Views: 3221

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

His latest interview, if anything, makes me respect/appreciate him more.
by Maverick3320
Thu Aug 30, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Military career/college options (engineering - nukes?)
Replies: 45
Views: 2741

Re: Military career/college options (engineering - nukes?)

This isn't true...yet. The Army still uses the 2 minutes of push ups, 2 minutes of sit ups, and 2 mile run standard test. The test is scaled to age and gender (still Male/Female as of now). What has changed is that a separate test called the OPAT, taken prior to enlistment/commission, is now requir...
by Maverick3320
Thu Aug 30, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Military career/college options (engineering - nukes?)
Replies: 45
Views: 2741

Re: Military career/college options (engineering - nukes?)

I'll echo some others here and re-emphasize a few things. For what it's worth, I'm a current Army officer. 3) Nukes likely mean Navy. Some Air Force, very little if any Army/Marines. Navy means fairly easy physical training standards (no offense to any Navy folks out there - I agree with the previo...
by Maverick3320
Thu Aug 30, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Military career/college options (engineering - nukes?)
Replies: 45
Views: 2741

Re: Military career/college options (engineering - nukes?)

Lot's of good advice here so far, and no bum dope, except Valuethinker's quip about nukes being quirky and introverted. :happy I'm a Naval Academy graduate and spent 28 years in nuclear powered submarines and wound up being captain of two of them. The first half of my career was on attack submarine...
by Maverick3320
Wed Aug 29, 2018 2:01 pm
Forum: Investing - Theory, News & General
Topic: Just put $100K into TUR. Analysis inside
Replies: 71
Views: 3431

Re: Just put $100K into TUR. Analysis inside

OP, you ever wrong? If not, you shouldn't be wasting your time on an indexing forum. Buy a yacht and enjoy your riches. :sharebeer BTW, why only $100k? Rarely. Last big call was QAT last year; I defied the embargo and was proven right. Saudi Arabia was jamming fake riyal quotes in November. You can...
by Maverick3320
Wed Aug 29, 2018 1:00 pm
Forum: Investing - Theory, News & General
Topic: Just put $100K into TUR. Analysis inside
Replies: 71
Views: 3431

Re: Just put $100K into TUR. Analysis inside

I love reading these threads.
by Maverick3320
Tue Aug 28, 2018 12:28 pm
Forum: Personal Consumer Issues
Topic: Landlord Nightmare
Replies: 90
Views: 9740

Re: Landlord Nightmare

You cannot change the application process. If you normally do not do a "tenant screen/application" you can't just do one on a person randomly. Treat everyone the same. You can't have a separate policies/qualifications for different groups of people. That is discrimination. If I ask for w-2 for peop...
by Maverick3320
Tue Aug 28, 2018 12:23 pm
Forum: Personal Consumer Issues
Topic: Landlord Nightmare
Replies: 90
Views: 9740

Re: Landlord Nightmare

You cannot change the application process. If you normally do not do a "tenant screen/application" you can't just do one on a person randomly. Treat everyone the same. You can't have a separate policies/qualifications for different groups of people. That is discrimination. If I ask for w-2 for peop...
by Maverick3320
Tue Aug 28, 2018 12:19 pm
Forum: Personal Consumer Issues
Topic: Landlord Nightmare
Replies: 90
Views: 9740

Re: Landlord Nightmare

You cannot change the application process. If you normally do not do a "tenant screen/application" you can't just do one on a person randomly. Treat everyone the same. You can't have a separate policies/qualifications for different groups of people. That is discrimination. I’m assuming you can chan...
by Maverick3320
Mon Aug 27, 2018 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 199
Views: 28702

Re: What to do after losing $117k in stock market?

JoeNJ28 wrote:
Mon Aug 27, 2018 1:46 pm
What about a mutual fund only account that doesn’t allow you to buy stocks? I know fidelity still has them.
It would be like Congress passing a "balanced budget" amendment. Anything they can do, they can undo. He'll just trade on another platform.
by Maverick3320
Tue Aug 21, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: Are millennials botching their asset allocations?
Replies: 68
Views: 7788

Re: Are millennial botching their asset allocations?

As a 27 year old who frequents this website, I am not botching my asset allocations. However, I do find concerning the number of my friends/coworkers who have either little to no ability to save, no concern about their retirement, or just trusting their financial advisor blindly. Is it really surpr...
by Maverick3320
Tue Aug 21, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: Are millennials botching their asset allocations?
Replies: 68
Views: 7788

Re: Are millennial botching their asset allocations?

As a 27 year old who frequents this website, I am not botching my asset allocations. However, I do find concerning the number of my friends/coworkers who have either little to no ability to save, no concern about their retirement, or just trusting their financial advisor blindly. Is it really surpr...
by Maverick3320
Tue Aug 21, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Military career/college options (engineering - nukes?)
Replies: 45
Views: 2741

Re: Military career/college options (engineering - nukes?)

I'll echo some others here and re-emphasize a few things. For what it's worth, I'm a current Army officer. 1) First and foremost, decide whether military life is an option or not, and then figure out a branch/specialty. Military life is not for everyone. 2) Don't let an enlisted recruiter talk your ...
by Maverick3320
Tue Aug 21, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Military career/college options (engineering - nukes?)
Replies: 45
Views: 2741

Re: Military career/college options (engineering - nukes?)

Here are some things from a veteran: 1) The desire to try things out might lead himself and you to want to try the reserves as a enlisted man. Don't do it despite the recruiter's sales job. If your son does go military go as an officer. To try things out see if he can do some training with the ROTC...
by Maverick3320
Tue Aug 21, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Military career/college options (engineering - nukes?)
Replies: 45
Views: 2741

Re: Military career/college options (engineering - nukes?)

psteinx wrote:
Mon Aug 20, 2018 4:32 pm
So the actual ships that use nuclear propulsion are pretty much just the subs and (I think) carriers, right? Not the mid-sized stuff (destroyers, support ships, etc.)?
Correct.
by Maverick3320
Mon Aug 20, 2018 11:00 am
Forum: Personal Consumer Issues
Topic: Sellers beware on eBay.
Replies: 66
Views: 6403

Re: Sellers beware on eBay.

Stopped using Ebay years ago after someone bought a $40,000 muscle car with my account. No idea how it happened, but I was already on my way out the door after they started increasing fees.

I've poked around on there a few times lately and it seems like a complete mess.
by Maverick3320
Mon Aug 20, 2018 10:51 am
Forum: Personal Consumer Issues
Topic: Establishing Residency as College Tuition Strategy
Replies: 16
Views: 913

Re: Establishing Residency as College Tuition Strategy

I'd move to Wisconsin simply because it's a better state than Illinois... :D In all seriousness, if I had a career with any type of mobility, I would be running, not walking, out of Illinois. The budget situation is going to get a LOT worse before it gets better. You may not be able to plan on tuiti...
by Maverick3320
Sat Aug 18, 2018 11:32 am
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 14174

Re: Remind me (again) how real estate isn't a GREAT investment?

Hey All, I've been a BH'er for almost a decade now. My self taught education through this forum/others has essentially brought me to a Boglehead style investing model, I have used the lazy 3 fund portfolio with basic rules about taxable accounts/all that for many years and it's gone GREAT and I hav...
by Maverick3320
Thu Aug 16, 2018 12:05 pm
Forum: Personal Consumer Issues
Topic: Time for new phone, Buy or Lease?
Replies: 30
Views: 2180

Re: Time for new phone, Buy or Lease?

My approach is to buy an unlocked phone and use a discount provider (Cricket, $35/month). Clark Howard has been recommending the Moto G5+ ($219 from Amazon) . I have a Blu phone that I got for under $100. Do you need your phone to do anything advanced? I do the same thing. Don't buy BLU phones, tho...
by Maverick3320
Wed Aug 15, 2018 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Cash flow problems - best way to handle?
Replies: 151
Views: 12181

Re: Cash flow problems - best way to handle?

I’m also appalled by some of the responses on this thread. There is also an underlying insensitively to many of them. Op is in great shape because she has a career but there is a reason that the majority of households living at the poverty level are headed by women . There are many threads giving w...
by Maverick3320
Wed Aug 15, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: how much car can we afford?
Replies: 130
Views: 6763

Re: how much car can we afford?

Many (most?) of us here DO have discretionary spending money, even with appropriate retirement/etc., savings. It's the *choice* that matters... more spent on the house, less for cars; more spent on cars, less for vacations or furniture; etc. However, there certainly does seem to be a sub-group of B...
by Maverick3320
Wed Aug 15, 2018 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: how much car can we afford?
Replies: 130
Views: 6763

Re: how much car can we afford?

Many (most?) of us here DO have discretionary spending money, even with appropriate retirement/etc., savings. It's the *choice* that matters... more spent on the house, less for cars; more spent on cars, less for vacations or furniture; etc. However, there certainly does seem to be a sub-group of B...
by Maverick3320
Wed Aug 15, 2018 12:46 pm
Forum: Personal Consumer Issues
Topic: Is the price of a new car a good proxy for the expense of owning it?
Replies: 38
Views: 2578

Re: Is the price of a new car a good proxy for the expense of owning it?

Imagine a person with an annual salary of $60k and net income (after taxes etc.) of $46k, which is about $3,800/month. With living expenses of $1,500/month and retirement savings of $800 per month this person has roughly $1,500 in disposable income. If they spent roughly third of that disposable in...
by Maverick3320
Wed Aug 15, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Housing cost as a % of Income
Replies: 7
Views: 826

Re: Housing cost as a % of Income

OP,

If you use the "Google" box in the upper right hand corner of the screen, you can do key word searches within the Bogleheads forum. There are likely dozens, if not hundreds, of posts that cover this same topic.
by Maverick3320
Tue Aug 14, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: how much car can we afford?
Replies: 130
Views: 6763

Re: how much car can we afford?

Many (most?) of us here DO have discretionary spending money, even with appropriate retirement/etc., savings. It's the *choice* that matters... more spent on the house, less for cars; more spent on cars, less for vacations or furniture; etc. However, there certainly does seem to be a sub-group of B...
by Maverick3320
Mon Aug 13, 2018 4:37 pm
Forum: Personal Consumer Issues
Topic: Is the price of a new car a good proxy for the expense of owning it?
Replies: 38
Views: 2578

Re: Is the price of a new car a good proxy for the expense of owning it?

Interesting. Intuitively it makes sense, but I can't imagine the market is that efficient, though. For example: new car prices on vehicles that hold their value better than others. If the (rough) new vehicle prices are set by manufacturers, how would that account for resale value? MSRP is set by ma...
by Maverick3320
Mon Aug 13, 2018 11:16 am
Forum: Personal Consumer Issues
Topic: Is the price of a new car a good proxy for the expense of owning it?
Replies: 38
Views: 2578

Re: Is the price of a new car a good proxy for the expense of owning it?

Interesting. Intuitively it makes sense, but I can't imagine the market is that efficient, though. For example: new car prices on vehicles that hold their value better than others. If the (rough) new vehicle prices are set by manufacturers, how would that account for resale value?
by Maverick3320
Fri Aug 10, 2018 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Should I tell my family/friend that they are making a financial mistake?
Replies: 87
Views: 8241

Re: Should I tell my family/friend that they are making a financial mistake?

Have you done it without hurting their feelings? Never give an opinion on anything unless it’s asked for. The only caveat is when if will affect me. For example, I will voice my opinion if my parents were making financial mistakes that will potentially bankrupt them resulting in me having to financ...
by Maverick3320
Mon Aug 06, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: Cost of ownership of buying Model 3
Replies: 50
Views: 3444

Re: Cost of ownership of buying Model 3 vs keeping my M235i.

I do have one thing to add, which is the 3-year horizon. That's only relevant if you're only going to keep the car for 3 years. You didn't mention how long you're planning to keep the car. The thing about gas cars is that they have increasingly high average repair bills the older they get, so the l...