Search found 544 matches

by fire5soon
Thu Aug 23, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: $65K Fun Daily Driver
Replies: 112
Views: 8606

Re: $65K Fun Daily Driver

but so far I've been eyeing a 2014 - 2016 Mercedes E63S AMG and same year Audi RS7. Any other suggestions to look into? Telsa Model 3 Performance $64k brand new, full warranty. low maintenance car. car seat friendly, see video. https://www.youtube.com/watch?v=2Vrgcjg5TBo But heaven forbid if you ne...
by fire5soon
Thu Aug 23, 2018 8:24 am
Forum: Personal Consumer Issues
Topic: $65K Fun Daily Driver
Replies: 112
Views: 8606

Re: $65K Fun Daily Driver

I would say keep both cars. I also have a daily as well as a project car. There have been times where the daily has broken down or needed a repair I can't complete in one day because it's a bigger job or I'm waiting on parts. In those situations it sure is nice to have the project car to drive to wo...
by fire5soon
Fri Jul 06, 2018 6:28 am
Forum: Personal Consumer Issues
Topic: Cane Toad Hell: Any Remedies?
Replies: 21
Views: 1911

Re: Cane Toad Hell: Any Remedies?

How good are you with a bb gun? Seriously.
by fire5soon
Wed Jul 04, 2018 1:05 pm
Forum: Personal Consumer Issues
Topic: Tire experts? Can I trust a patched tire?
Replies: 47
Views: 4247

Re: Tire experts? Can I trust a patched tire?

I've never patched a tire but have plugged several. Usually using the cheap plug kits which can be found for <$5 at Walmart. I've never had any problems with any of the plugs lasting for the rest of the life of the tire.
by fire5soon
Tue Jul 03, 2018 6:15 am
Forum: Personal Consumer Issues
Topic: Acura MDX compressor gone kaput
Replies: 5
Views: 513

Re: Acura MDX compressor gone kaput

Some cars run the a/c off a separate belt and others run the compressor off the main serpentine belt. If the compressor had seized then you would have already lost the belt. A compressor can stop working without always seizing. You can replace a compressor yourself. It's not the easiest DIY job in t...
by fire5soon
Wed Jun 27, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: Are we just way over complicating this?
Replies: 113
Views: 7621

Re: Are we just way over complicating this?

This may be a silly story, but I think it’s relevant to the discussion… I have what I think is a somewhat simple 5 fund allocation spread amongst several types of accounts/plans. It’s very easy for me to maintain. My wife however would have a very difficult time even rebalancing the classic 3 fund p...
by fire5soon
Tue Jun 19, 2018 2:06 pm
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 130
Views: 8916

Re: gray hair

In my 20's and 30's I never worried about going gray and assumed that I'd never go bald. Fast forward a few years I started to thin out on top which was a total shock to me. Went to the doctor to make sure it wasn't due to an illness, but she confirmed it wasn't. I kept cutting it shorter and shorte...
by fire5soon
Sun Jun 17, 2018 7:36 pm
Forum: Personal Consumer Issues
Topic: Has Anyone Tried Youtube TV?
Replies: 55
Views: 6363

Re: Has Anyone Tried Youtube TV?

I tried it with a free trial and loved it. Problem is we have young kids and YouTube TV has no parental controls. I even spoke with their customer service folks who confirmed they have no parental controls at this time and could not say they ever would have them in the future. This one item alone ha...
by fire5soon
Fri Jun 15, 2018 11:48 am
Forum: Investing - Theory, News & General
Topic: Vanguard accounts
Replies: 11
Views: 997

Re: Vanguard accounts

My plan is to purchase several CD's to keep them under the $500K FDIC cap. I assume that since this is a joint account each account holder is insured for $250K per CD. There is no FDIC insurance on any brokerage account, so it doesn't matter whether the account is joint. The CD's would have FDIC in...
by fire5soon
Tue May 29, 2018 11:36 am
Forum: Personal Consumer Issues
Topic: 13-year old Civic. Replace, or keep sinking money into it?
Replies: 52
Views: 4481

Re: 13-year old Civic. Replace, or keep sinking money into it?

I would keep it but I do all my own maintenance and repairs. My daily is worth maybe $750 and needed a new a/c compressor last year. If I took it to a shop they would have charged me over $2k to replace. I did it myself for about $250. Sure, I spent 1/3 of the value of the vehicle on a repair, but I...
by fire5soon
Thu Mar 15, 2018 6:56 am
Forum: Personal Consumer Issues
Topic: Tires on a 15 year old car....Replace or not?
Replies: 79
Views: 6098

Re: Tires on a 15 year old car....Replace or not?

I don't recall the exact details, but I believe tires should be replaced after approximately 7 years despite mileage due to a breakdown of the materials. I'd have to consult The Google to confirm my theory though.
by fire5soon
Fri Jan 26, 2018 8:01 am
Forum: Personal Consumer Issues
Topic: Machu Picchu and Galapagos in late March 2019
Replies: 29
Views: 2161

Re: Machu Picchu and Galapagos in late March 2019

Went to the Sacred Valley last year. I live in FL and have never really experienced elevation above 4k feet in my life. I flew from FL and landed in Cusco within 24 hours (which is roughly at 14k feet) and experienced no real altitude problems. A tad winded if walking up a long flight of stairs for ...
by fire5soon
Fri Jan 19, 2018 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: MEC's instead of Bonds?
Replies: 18
Views: 1060

Re: MEC's instead of Bonds?

A MEC is essentially an overfunded life insurance policy. You keep calling them simply a "MEC" which makes me think you are being sold this idea by an adivisor and do not fully understand how the insurance product works. I don't mean this in a derogatory manner, rather I say it as a warning that you...
by fire5soon
Sun Dec 24, 2017 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Selling rental property and tax ramifications
Replies: 4
Views: 919

Re: Selling rental property and tax ramifications

There are many sites which have sample calculations which help you determine capital gains versus depreciation recapture. Normally I'd provide some of those links/examples but I'm running a bit late this evening for another engagement :beer Good some of the sample calcs and it will definitely help y...
by fire5soon
Tue Dec 19, 2017 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited IRA RMD
Replies: 2
Views: 448

Re: Inherited IRA RMD

Your 2017 RMD is based on the 12/31/2016 balance and must be withdrawn from the account by 12/31/2017. Any amount not taken which should have been can have an additional 50% penalty applied.
by fire5soon
Fri Dec 15, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Should I open a fitness center for extra money?
Replies: 37
Views: 3403

Re: Should I open a fitness center for extra money?

This may be anecdotal, but in a past role I saw dozens of people's credit reports every day. By far the number one collection item on many credit reports were gym memberships. In other words the people weren't paying their contracts in huge numbers. Other than that I have no experience with running ...
by fire5soon
Fri Dec 01, 2017 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Is investing in the stock market just like investing in a house for appreciation?
Replies: 33
Views: 1826

Re: Is investing in the stock market just like investing in a house for appreciation?

Stocks don't call you after they've broken the toilet at 2am and expect you to fix it.
by fire5soon
Thu Nov 30, 2017 10:38 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 13754

Re: Price of haircut?

I cut it myself with a $20 set of clippers I've had for years.
by fire5soon
Sat Nov 25, 2017 10:26 am
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 101
Views: 11352

Re: Why does everyone keep increasing their international stock %?

Is there any research showing what portion of equity markets are owned by which countries, or US versus ex-US investors? In other words, is the US equity market owned by 75% US investors and 25% non-US? Also for foreign markets... for example are, say, 35% of ex-US equities owned by US investors? H...
by fire5soon
Fri Nov 24, 2017 12:24 pm
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 101
Views: 11352

Re: Why does everyone keep increasing their international stock %?

Is there any research showing what portion of equity markets are owned by which countries, or US versus ex-US investors? In other words, is the US equity market owned by 75% US investors and 25% non-US? Also for foreign markets... for example are, say, 35% of ex-US equities owned by US investors? Ho...
by fire5soon
Tue Nov 14, 2017 6:35 am
Forum: Investing - Theory, News & General
Topic: Regret of selling winning stocks early
Replies: 64
Views: 9794

Re: Regret of selling winning stocks early

In the past I worked for a company who was considered a leader in its field. The stock was doing very well. The company match in our 401k was automatically invested into company stock. However every time the company match hit my account I sold the stock the very next day and instead invested in my b...
by fire5soon
Thu Oct 26, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: RMD from IRA in year of death
Replies: 18
Views: 1950

Re: RMD from IRA in year of death

Thank you to everybody who replied! The beneficiaries must take the RMD in the year of death. I understand this in general. In my experience in the past, the RMD has been taken by one or more beneficiaries from an inherited IRA. My question is whether a distribution from a regular, non-inherited tr...
by fire5soon
Thu Oct 26, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: RMD from IRA in year of death
Replies: 18
Views: 1950

Re: RMD from IRA in year of death

Thank you to everybody who replied! The beneficiaries must take the RMD in the year of death. I understand this in general. In my experience in the past, the RMD has been taken by one or more beneficiaries from an inherited IRA. My question is whether a distribution from a regular, non-inherited tr...
by fire5soon
Fri Oct 20, 2017 1:42 pm
Forum: Investing - Theory, News & General
Topic: QLAC - Should I, or shouldn't I buy one?
Replies: 4
Views: 675

Re: QLAC - Should I, or shouldn't I buy one?

A potential negative (as far as I understand these) is if you do not take any income prior to your passing, your beneficiaries will only receive the premium back. So no interest, gains, dividends, etc. These are really meant to be used to provide income and not to avoid RMD's.
by fire5soon
Thu Oct 19, 2017 3:18 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 158
Views: 17982

Re: anyone else not liking the new cars?

I actually don't like all the little creature comforts newer cars seem to have. To me (and maybe I'm a stick in the mud) it's just more stuff that can break. There are good things about technology, don't get me wrong. But just as I prefer simplicity in my investments, I also prefer simplicity in my...
by fire5soon
Thu Oct 19, 2017 2:10 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 158
Views: 17982

Re: anyone else not liking the new cars?

I actually don't like all the little creature comforts newer cars seem to have. To me (and maybe I'm a stick in the mud) it's just more stuff that can break. My first car was built in the mid-60's. It didn't have power anything, windshield wipers had one speed (slow), no computer controls, etc, but ...
by fire5soon
Fri Oct 13, 2017 7:46 am
Forum: Personal Consumer Issues
Topic: Building additional garage - recommendations?
Replies: 26
Views: 1695

Re: Building additional garage - recommendations?

As a car guy I would absolutely love to have a lift in my garage.
by fire5soon
Fri Aug 11, 2017 8:21 pm
Forum: Local Chapters and Bogleheads Community
Topic: Calling all JACKSONVILLE FLORIDA Bogleheads (Northeast Florida)
Replies: 2
Views: 734

Re: Calling all JACKSONVILLE FLORIDA Bogleheads (Northeast Florida)

I've always been curious what the discussions are like at chapter meetings. Do we all discuss holding TSM for 30 years and dismiss after 10 minutes or are they domestic vs. international brawls which require police intervention? 8-) I'm in the area and ask in all seriousness. Where are they held? Wh...
by fire5soon
Mon Jul 17, 2017 5:44 am
Forum: Investing - Help with Personal Investments
Topic: Why Not REIT's?
Replies: 47
Views: 6558

Re: Why Not REIT's?

Tax rules can change. Up until a few years ago REIT's had to pay out 95%, not just 90%. This change alone gave me serious pause regarding REIT's.
by fire5soon
Tue Jul 04, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 19779

Re: Bogleheads: you should be buying 10-year old cars

My daily driver is 13 years old and my project car is almost 18 years old. For years my daily driver was a mid-60's pony car (which I should have never sold by the way... :oops: ) The key is not waiting until something breaks and keep up on your preventative maintenance. i.e., don't wait until that ...
by fire5soon
Fri Jun 30, 2017 7:48 pm
Forum: Personal Consumer Issues
Topic: My first car - keep or sell?
Replies: 13
Views: 1370

Re: My first car - keep or sell?

You already said you don't drive the car much and have another car if needed. This sounds like an excellent opportunity to make the repair yourself and save probably 75% of the cost of the repair. You'll be surprised what you can do if you take your time and pay attention. Of course I really enjoy w...
by fire5soon
Tue Jun 27, 2017 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Simplicity At Last
Replies: 7
Views: 1669

Re: Simplicity At Last

I would love to implement something like this. I have things relatively simple, but I'm afraid if my wife had to take over for me it would be a very steep learning curve. She's very smart, but just not interested. I love my small value and foreign small, but perhaps I should move as much as I can to...
by fire5soon
Sun Jun 18, 2017 4:53 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite Portfolio Tilts
Replies: 86
Views: 10094

Re: Your Favorite Portfolio Tilts

I tilt 1/3 of domestic to SV via VSIAX and 1/3 of foreign to small via VFSVX. I'd love to just stick 100% to Lifestrategy Moderate VSMGX and, based on my spouse's lack of interest, I may ultimately do just that. For now I like the smallish bet that small/value will do better in the long run.
by fire5soon
Wed Jun 14, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Comments on Planned Portfolio
Replies: 8
Views: 976

Re: Comments on Planned Portfolio

Thanks very much for so many thoughtful comments so soon. I had not included any Life Strategy because they are newer and have about 10 less years of historical data to review. However, I am going to add Life Strategy Moderate Growth (VSMGX) to my evaluation spreadsheets and simulations to see how ...
by fire5soon
Wed Jun 14, 2017 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Comments on Planned Portfolio
Replies: 8
Views: 976

Re: Comments on Planned Portfolio

I'm in a similar situation in that I have a very intelligent wife who is unfortunately averse to learning about finance. Your topic is of great interest to me. STAR is a good fund of funds, however the expense ratio is roughly double that of the W&W combo and nearly 4x that of the TSM/Treasury combo...
by fire5soon
Mon Jun 12, 2017 11:32 am
Forum: Investing - Theory, News & General
Topic: Ok reasons for a 37 year old to have a 60/40 mix?
Replies: 66
Views: 11080

Re: Ok reasons for a 37 year old to have a 60/40 mix?

Not too far from age in bonds either. Don't feel pressured to do what everyone else does. It's your money.
by fire5soon
Sun May 14, 2017 12:49 pm
Forum: Personal Consumer Issues
Topic: Check engine light comes on, need advice
Replies: 27
Views: 1959

Re: Check engine light comes on, need advice

Parts stores like AutoZone, Advance Auto, O'Reillys, etc will pull the codes for free and will to some extent help with how to fix them (because they want to sell you parts :D ). You can also buy a cheap OBDII scanner on Amazon for about $10 which will accomplish 95% of what you need to do, especial...
by fire5soon
Fri May 12, 2017 7:49 am
Forum: Personal Consumer Issues
Topic: Price for brakes and rotors?
Replies: 73
Views: 6424

Re: Price for brakes and rotors?

If you're comfortable doing the work I would consider handling it yourself. I just changed all four rotors & pads on my car for about $150 total (got a good deal from rockauto). Disc brakes are not difficult to do at all. If your calipers don't compress and need to be screwed back in instead you can...
by fire5soon
Thu May 04, 2017 6:47 am
Forum: Personal Finance (Not Investing)
Topic: Favorite Financial Indulgences
Replies: 78
Views: 9726

Re: Favorite Financial Indulgences

I love to travel. Whether it's around the world or a weekend road trip. I don't like to sit still.

I'm also a car guy, so I enjoy upgrading my project car with totally reasonable and necessary parts... 8-)
by fire5soon
Tue May 02, 2017 1:51 pm
Forum: Personal Consumer Issues
Topic: using smartphone overseas travel
Replies: 10
Views: 1345

Re: using smartphone overseas travel

If you do need to make phone calls you can use an app called Viber. You make the call over wifi but you can call cell/land lines like normal. There is a fee but it's pennies a minute depending on the country you're calling to. I recently had to call overseas for a relative and a 15 minute phone call...
by fire5soon
Fri Apr 28, 2017 2:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 126
Views: 31877

Re: Vanguard has switched to brokerage only accounts

The conversion is a great concern of mine. My employer will not allows me to hold brokerage accounts with outside firms. If Vanguard tried to do this I would have to close all accounts and transfer the assets away. If Vanguard forces this on me it would be a major negative event in my life.
by fire5soon
Thu Apr 27, 2017 2:54 pm
Forum: Personal Consumer Issues
Topic: Why I'm tempted to fix things myself; it's not about the money
Replies: 38
Views: 5206

Re: Why I'm tempted to fix things myself; it's not about the money

I do everything myself for a couple of reasons: - I enjoy it. I like knowing how things work and learning new things. It sounds corny, but I also derive satisfaction of getting the job done. - I can do it much cheaper than hiring it out 99% of the time. - I don't trust anyone like myself to be as mo...
by fire5soon
Sun Apr 16, 2017 11:15 am
Forum: Personal Finance (Not Investing)
Topic: When need and want take different paths.......
Replies: 30
Views: 2951

Re: When need and want take different paths.......

As a car guy, I say if you can afford it then go for it. I had a classic car when I was younger and sold it. I've regretted it ever since. When half a dozen people I knew that were around my age died in a six month span I decided to get another project car. It doesn't make the most financial sense i...
by fire5soon
Mon Apr 10, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: Car collision repair advice
Replies: 7
Views: 724

Re: Car collision repair advice

Third option: Depending on the popularity of your car and if the damage is isolated to the door itself, you could find a door from a junkyard and replace yourself. If you're lucky the color will match or, if not, you're only paying for a door to be repainted (if you care). This way the insurance com...
by fire5soon
Fri Mar 31, 2017 12:29 pm
Forum: Personal Consumer Issues
Topic: Keep two cars for one person to drive
Replies: 34
Views: 4416

Re: Keep two cars for one person to drive

My condolences on your loss. I use two cars. One is my practical (cheap) daily and the other is a project sports car. I enjoy cars, working on them, repairing them, driving them. Having the sports car costs more than I would like, but if I plan on driving it to work the next day I actually lay in be...
by fire5soon
Fri Mar 24, 2017 7:03 am
Forum: Personal Consumer Issues
Topic: Honda Transmission Service
Replies: 47
Views: 6519

Re: Honda Transmission Service

I wouldn't do a flush. Just drain the old fluid, replace the filter, move on. I do this every 25k miles on my automatic car, but I probably change mine more frequently than needed. I figure it's cheap insurance and I do it myself so the costs are minimized. Just make sure you are using the ATF (auto...
by fire5soon
Wed Mar 22, 2017 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Series 65 Volunteer Advising?
Replies: 33
Views: 2964

Re: Series 65 Volunteer Advising?

You can't be an RIA with just a Series 65. You also need a Series 7. If you have a 65 you also need a 63, or, to avoid needing both a 65 & 63 you can just get the 66 which combines the two. Others were also correct in saying you can't do this solo. You must be sponsered by a Firm to hold the licenses.
by fire5soon
Tue Mar 07, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone use LPL financial?
Replies: 27
Views: 5903

Re: Anyone use LPL financial?

Run, don't walk, away from them.
by fire5soon
Tue Feb 28, 2017 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity Reference
Replies: 11
Views: 1129

Re: Annuity Reference

I don't have a lot of time at the moment to discuss the finer points, but it sounds like he has an income rider which grows an income benefit base at 6% per year. For example: he invests $100k. At the end of 1 year the income benefit base will be $106k no matter what the contract value is. He can th...
by fire5soon
Tue Feb 28, 2017 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: What's Happened to Vanguard Reps?
Replies: 17
Views: 2612

Re: What's Happened to Vanguard Reps?

Just a little background on VG - kind of a new poster here. Along the lines of MittensMoney's comment regarding their pay. VG pay is extremely low for the industry and the barrier to entry is not high. Most of their phone reps do not have finance or business degrees so they have a long learning arc...