Search found 717 matches

by Helo80
Thu Mar 01, 2018 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: What should I know to open a Roth for my graduating granddaughter
Replies: 9
Views: 1025

Re: What should I know to open a Roth for my graduating granddaughter

I guess I am looking for pointers. I am thinking of opening a Roth for my granddaughters graduation. She is 18....I would probably start her with 500.00 or so. Can she have an account at 18? Is anyone better for this....Schwab, Fidelity, Vanguard ? I do not have much experience with this since I on...
by Helo80
Thu Mar 01, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: What should I know to open a Roth for my graduating granddaughter
Replies: 9
Views: 1025

Re: What should I know to open a Roth for my graduating granddaughter

We opened IRAs for our kids at Vanguard as soon as they had earned income. You can set up a Roth for a minimum of $1,000 (again, assuming she has that much earned income in the year) using the Vanguard Target Retirement 2060 Fund (VTTSX). There is an annual fee of $20 until the account reaches $10,...
by Helo80
Thu Mar 01, 2018 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Just received 1099B
Replies: 11
Views: 882

Re: Just received 1099B

Odds are, there's an internal tolerance threshold on the system --- formal or informal --- that says that $3 is not worth the cost of postage and an auditor's time. That being said, just suck it up and file an amendment. I have had a similar incident happen to me, and therefore, I wait until the dea...
by Helo80
Thu Mar 01, 2018 7:08 pm
Forum: Personal Consumer Issues
Topic: Lease turn in vehicles a good buy?
Replies: 14
Views: 1779

Re: Lease turn in vehicles a good buy?

Just picked up a 2015 BMW 235ix with around 20k miles. Original sticker was $52k and I picked it up CPO for $34k. My previous car was a 2011 Infiniti M56x which had an original sticker north of $70k. I picked it up 3 years later for $35k and it had 18k miles. Luxury sedans are the best cars to buy ...
by Helo80
Thu Mar 01, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: New vehicle research
Replies: 48
Views: 3959

Re: New vehicle research

Cars have more electronics than ever, and sometimes it seems early buyers are just the beta testers. That's generally how it has always been. Most of the safety technologies and amenities many entry level cars have today started out as add-on's and advanced trim features. I'm not sure if you can st...
by Helo80
Wed Feb 28, 2018 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: New vehicle research
Replies: 48
Views: 3959

Re: New vehicle research

2018 Buick Encore 2018 Toyota RAV-4 2018 Toyota Camry Anyone have any advice on which ones your prefer or avoid and why? All are fine vehicles, and you honestly cannot go wrong. Rav-4 and Camry will have a slight edge for reliability and will hold their values better in the near-term (3 years). Bui...
by Helo80
Tue Feb 27, 2018 9:01 pm
Forum: Personal Consumer Issues
Topic: 2016 Sienna - 57k miles - any downside to buying?
Replies: 29
Views: 3318

Re: 2016 Sienna - 57k miles - any downside to buying?

It’s all going to come down to price. What is the asking price? KBB is not always a good measure of actual market prices. KBB and the like generally are okay for ballpark price ranges, but are garbage for negotiation or leverage. Dealers subscribe to internal data generated from the auto auctions t...
by Helo80
Tue Feb 27, 2018 8:58 pm
Forum: Investing - Theory, News & General
Topic: TSP fails secuity audit
Replies: 19
Views: 3214

Re: TSP fails secuity audit

But it is my understanding the TSP is NOT backed by the government? Am I wrong? Whatever this says..... The Federal Retirement Thrift Investment Board (FRTIB or "Board") Administers the TSP The assets of the TSP are held in trust in the Thrift Savings Fund. The financial statementsPDF file of the T...
by Helo80
Tue Feb 27, 2018 8:51 pm
Forum: Personal Consumer Issues
Topic: 2016 Sienna - 57k miles - any downside to buying?
Replies: 29
Views: 3318

Re: 2016 Sienna - 57k miles - any downside to buying?

Look at the build date from the factory on the VIN plate on the inside of the front door. I'm not sure when Sienna's start, but if it's say September 2015, it's more like a 2.5 year old vehicle... albeit still a bit high mileage. I honestly don't know what factory Toyota builds sienna at though. The...
by Helo80
Tue Feb 27, 2018 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Stay or Should I Go?
Replies: 30
Views: 3512

Re: Should I Stay or Should I Go?

Yes, this is what I have recently realized now after a bit of research, of course I was not told this by the Financial Advisor and found out on my own. What about my Dad? He is about 10 years from retirement (he plans to retire at 70) and has a 401K with Edward Jones worth about $200,000. For one, ...
by Helo80
Tue Feb 27, 2018 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Stay or Should I Go?
Replies: 30
Views: 3512

Re: Should I Stay or Should I Go?

Thanks for that advice. If I do not cap the roth-IRA, does it roll over intothe next year as well? To clarify, if I invest $1500 out of $5500 in 2018, does that remaining $4000 roll over to 2019, allowing me to contribute $9500? This might be a stupid question, but I want to make sure. No, if you d...
by Helo80
Tue Feb 27, 2018 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Stay or Should I Go?
Replies: 30
Views: 3512

Re: Should I Stay or Should I Go?

So I am 28 years old and I started a roth-IRA with Edward Jones. I invested $2300 on March 1st 2017 and have contributed an additional $50 every month. The one year mark is a few days away and my value has grown to $3200; grossing nearly $300. I am invested in actively-managed growth-stock mutual f...
by Helo80
Tue Feb 27, 2018 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Stay or Should I Go?
Replies: 30
Views: 3512

Re: Should I Stay or Should I Go?

I am very tempted to transfer the money over, but I am nervous about doing so, and unfortunately nobody in my life knows anything about investments to give me solid advice, which is why I came here... Is this the right thing to do ...and why? Any advice would be highly appreciated! Yes it is absolu...
by Helo80
Tue Feb 27, 2018 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Am I too heavy with Target Date funds? Age 38
Replies: 16
Views: 2128

Re: Am I too heavy with Target Date funds? Age 38

Agreed with everyone else --- there is absolutely nothing wrong with target funds. If you want a one-fund portfolio, Vanguard's Target series is not a bad way to go. The only reason target funds do not get much love on BH is that people can get better ERs with admiral funds and their own custom allo...
by Helo80
Tue Feb 27, 2018 7:18 pm
Forum: Investing - Theory, News & General
Topic: AAPL, AMZN, or GOOG?
Replies: 95
Views: 10157

Re: AAPL, AMZN, or GOOG?

If I had to take an all or nothing wager on those three for best returns after 20 years, I'd go with Amazon. To me, they are the most diversified and are trying to grow well beyond their current reach. E.g. grocery, shipping, pharmaceutical
by Helo80
Tue Feb 27, 2018 6:55 pm
Forum: Personal Consumer Issues
Topic: Dealership oil change worth it?
Replies: 69
Views: 5947

Re: Dealership oil change worth it?

From changing the oil after my dad has taken his Toyota and Ford to two otherwise respectable dealerships, I would say that no dealership oil change is "worth it" even if it's free. I will gladly change the oil on my family's car even if I were offered lifetime oil changes with a new car purchase. (...
by Helo80
Mon Feb 26, 2018 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: Need to move IRA but scared
Replies: 23
Views: 1759

Re: Need to move IRA but scared

One thing to keep in mind, prior to rolling over your Roth IRA from Voya to Vanguard, it would be best to liquidate your Voya holdings into Voya's Money Market fund (Cash).... that way when Vanguard pulls the Roth IRA and does an in-kind transfer, you do not have to worry about being assessed fees b...
by Helo80
Mon Feb 26, 2018 9:39 pm
Forum: Personal Consumer Issues
Topic: Strategies for getting out of a car dealership quickly?
Replies: 78
Views: 7719

Re: Strategies for getting out of a car dealership quickly?

Ok, OP, you got worked by the finance manager (generally, a season car salesman/woman whom has a long track record of closing sales as the finance manager is generally a cushy and rewarding job). Your situation is far from unique and every day people get suckered into buying these warranties. I am n...
by Helo80
Mon Feb 26, 2018 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: critique portfolio of 89 year old retiree
Replies: 12
Views: 1123

Re: critique portfolio of 89 year old retiree

Not a tax lawyer or accountant, but I'd imagine $1.24 million in 3 stocks will have a decent capital gains rate if it were sold. Now, if it were inherited, from my very weak understanding of inheritance law, the cost basis would reset and heirs could sell for effectively no capital gains/loss. Just ...
by Helo80
Sun Feb 25, 2018 10:46 am
Forum: Forum Issues and Administration
Topic: Bogleheads is back!!!
Replies: 100
Views: 16406

Re: Bogleheads is back!!!

When BH went down, I got nervous that the bottom fell out and sold everything into crypto. Help!?! /s
by Helo80
Sun Feb 25, 2018 10:26 am
Forum: Personal Consumer Issues
Topic: Value of an Elite MBA
Replies: 58
Views: 6405

Re: Value of an Elite MBA

I still think the biggest advantage of a elite MBA and elite undergrad is the opportunity for jobs others won't even know are available. There are many companies that only recruit from a small collection of schools, and surprise they are the elite companies that pay the best. I agree --- besides th...
by Helo80
Sat Feb 24, 2018 10:25 pm
Forum: Personal Consumer Issues
Topic: How to rent a specific car, Bogleheads way?
Replies: 26
Views: 1532

Re: How to rent a specific car, Bogleheads way?

To test her theory I would like to rent Hundai Santa Fe for 2-3 days and see if my drive gets comfortable. How can I rent that specific SUV? That's honestly a really, really good idea. It's better to be out $120 (probably the most) for a rental than the price of buying should you end up hating the ...
by Helo80
Fri Feb 16, 2018 6:04 pm
Forum: Investing - Theory, News & General
Topic: Article on Bogleheads in Philly.com--The Bogleheads celebrate 20 years of low-cost index funds with patron 'Saint Jack'
Replies: 17
Views: 1358

Re: Article on Bogleheads in Philly.com--The Bogleheads celebrate 20 years of low-cost index funds with patron 'Saint Ja

In the last 20... two market crashes, and a very long bull-run as of late... makes me wonder what the next 20 years will be like?
by Helo80
Fri Feb 16, 2018 5:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6846
Views: 1496737

Re: U.S. stocks in freefall

lostdog wrote:
Fri Feb 16, 2018 12:46 pm
Anyone here admit to emotional selling during that dip?
I emotionally bought some TSM... not a huge amount, but how often does the dow fall 1000 points? Might as well market time a bit.
by Helo80
Fri Feb 16, 2018 5:31 pm
Forum: Personal Consumer Issues
Topic: Wheel alignment new tires
Replies: 15
Views: 892

Re: Wheel alignment new tires

Couple of thoughts... 1. From pure observation, it seems BMW puts on some factory negative camber on some of their models for the rear tires. For whatever reason, it is especially noticeable to me on their SUVs (larger tire) 2. Factory car tires seem to have gotten especially sucky in the last decad...
by Helo80
Fri Feb 16, 2018 5:22 pm
Forum: Personal Consumer Issues
Topic: USAA 41% More For Car Insurance
Replies: 43
Views: 3295

Re: USAA 41% More For Car Insurance

I had USAA auto insurance for about 25 years. I'd compare costs with other companies periodically and USAA had always been competitive. About 2-3 years ago, I noticed regular >10% increases every 6 months. Last year I had enough and checked around. Now paying Geico for a similar policy for <40% of ...
by Helo80
Fri Feb 16, 2018 5:20 pm
Forum: Personal Consumer Issues
Topic: USAA 41% More For Car Insurance
Replies: 43
Views: 3295

Re: USAA 41% More For Car Insurance

Your best bet is to shop around for car insurance and grab different quotes. What USAA does not make clear in their commercials is there are several underwriters under the USAA house brand depending on your affiliation (officer, dependent of officer, senior enlisted, junior enlisted, grandson/daught...
by Helo80
Fri Feb 16, 2018 5:11 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 119
Views: 12344

Re: Honda vs. Toyota: Which has more bang for the buck?

I generally prefer Honda over Toyota, but another thread reminded me about the costly Honda transmission problems some owners have been stuck with, so I'm hesitant to consider them equivalent on reliability. Choose Honda for performance and style, or choose Toyota for quieter ride and reliability. ...
by Helo80
Wed Feb 14, 2018 4:57 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 119
Views: 12344

Re: Honda vs. Toyota: Which has more bang for the buck?

Thanks so much for all your replies! So much useful information here. I think I'm going to go look at Camrys. Not sure what trim level - it looks like all the levels have the safety features I want. Another related question - I am in the dark ages music technology-wise since my car is old - it just...
by Helo80
Tue Feb 13, 2018 5:56 pm
Forum: Personal Consumer Issues
Topic: Costco 'Goodyear' wiper blades
Replies: 43
Views: 8469

Re: Costco 'Goodyear' wiper blades

I am amazed by those who report 1 to 3 years wiper blade life. I've never been able to get more than about 6 months before the blades begin to streak so bad that night driving in mist or rain becomes intolerable - pretty much no matter what brand blades I use and I've tried most of them over many y...
by Helo80
Mon Feb 12, 2018 9:28 pm
Forum: Personal Consumer Issues
Topic: Costco 'Goodyear' wiper blades
Replies: 43
Views: 8469

Re: Costco 'Goodyear' wiper blades

This is the first positive review I've read on the Costco Goodyears. In other parts of the interwebs, we're a bit perplexed why Costco sells Goodyear brand as people buy and then return them because they streak. Then again, Costco does enough business that they would drop said blades if they were a ...
by Helo80
Sun Feb 11, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: The value of car body repairs/upkeep of older cars?
Replies: 33
Views: 3290

Re: The value of car body repairs/upkeep of older cars?

It's a 9.5 year old car. While it's a great car to you, it has zero sentimental value to anybody else and will be compared against other Maxima's (and similarly equipped makes) of that era. You're unlikely to get much of the repair work back when it comes to dealer trade in or private sale. I person...
by Helo80
Sun Feb 11, 2018 5:00 pm
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 8364

Re: Does it ever make sense to buy a new car?

Basically, my point is that the mathematically best decision is much more complicated than people make it out to be (here or anywhere). If you are generally being responsible with your purchases, the level of nuance is probably more than it is worth worrying about. You had a great post that I reall...
by Helo80
Sun Feb 11, 2018 4:49 pm
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 8364

Re: Does it ever make sense to buy a new car?

Thanks for the advice and analysis of the residual price. You seem to have a great understanding of the car market. Have you worked in the auto sales industry? Also, in your opinion is it worth spending the time and energy to try and find a potentially better used Camry deal if I was to just return...
by Helo80
Sun Feb 11, 2018 1:02 pm
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 8364

Re: Does it ever make sense to buy a new car?

It should be pointed out that leasing has tax advantages for some business owners that buying does not. A blanket statement that "leasing is for suckers" is not correct for some here. There are a number of advantages that leases afford, but when you mix cars + leasing + financial forum, it's usuall...
by Helo80
Sun Feb 11, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 8364

Re: Does it ever make sense to buy a new car?

It does for me. I drive about 23,000-25,000 miles a year. Right off the back a lease would not work for me with all the miles I put on a car. My last car went around 270,000 miles, which is probably about 18 years for a person driving normal miles. I also get an extended warranty which has usually ...
by Helo80
Sun Feb 11, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 8364

Re: Does it ever make sense to buy a new car?

Also, do hybrids not hold their resale value well? For whatever reason the Camry Hybrids I've looked at in my area look like they are holding their value just as well as the gas counterparts. I have stupidly always viewed them as a better decision but I tend to drive only 8-9k miles a year. If you'...
by Helo80
Sun Feb 11, 2018 11:14 am
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 8364

Re: Does it ever make sense to buy a new car?

This didn't play out in my case. I know this is the standard advice, but in my case, I was able to get the a 2013-2016 model year Civic ( last generation's) when the 2017 redesign came out. A new LX, the cheapest model, was going for around $18,000. I got a low mileage model off of a 3-year lease f...
by Helo80
Sun Feb 11, 2018 11:05 am
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 8364

Re: Does it ever make sense to buy a new car?

Good question, it’s a 2015 Camry XLE currently 20k miles and the residual is 16.9k maturing in July. According to my research it’s right below market value assuming you bought a similar car from a dealer and I return it with around 23-24k miles based on how my mileage is tracking. Ok, thanks for th...
by Helo80
Sun Feb 11, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 8364

Re: Does it ever make sense to buy a new car?

If I buyout my lease I’ve eliminated car payments and have a low mileage 2015 Camry with a residual that should be just under market value. If I'm not mistaken, nobody has actually asked what the RV on your '15 Camry is right now. To me, that would be a huge factor in whether to keep the car moving...
by Helo80
Sat Feb 10, 2018 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: How does it make sense to buy a condo/house in Texas?
Replies: 97
Views: 7794

Re: Why would people buy condos/SFH in Texas?

Again, I am not sure why people would buy condos or SFH if they were single and needed to work/live in Texas. Let's say there is a 1-bedroom, 1-bath condo in Texas selling for $200,000 in downtown Houston. The property taxes would be a little over $5,200/yr (2.6%) and the HOA fees might be somethin...
by Helo80
Sat Feb 10, 2018 9:05 am
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 8231

Re: Day trading for a living/career?

n/m, I see what was being said.
by Helo80
Sat Feb 10, 2018 9:02 am
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 8231

Re: Day trading for a living/career?

Day trading is easier to do when the market's are going up. When they're going down or are very volatile, those are the true tests of day traders and then it starts to look more like gambling.
by Helo80
Sat Feb 10, 2018 8:55 am
Forum: Personal Consumer Issues
Topic: Good Hotel in DC
Replies: 46
Views: 3805

Re: Good Hotel in DC

In all honesty, the Trump hotel. 1. It's on Pennsylvania Ave (same as White House) 2. Next to the IRS building 3. One block away from the FBI building 4. The hotel is the old post office building (historic architecture) 5. One block away from the National Mall and Smithsonians 6. 2 blocks away from ...
by Helo80
Tue Feb 06, 2018 2:42 pm
Forum: Personal Consumer Issues
Topic: Washer/Dryer longevity ?
Replies: 69
Views: 7198

Re: Washer/Dryer longevity ?

I believe dryers haven’t changed much over the years. They are basically a heating element and a spinning tub. Washers on the other hand have progressed quite a bit. Many now have moisture sensors which prevent clothes from getting cooked. I was going to mention this as well. I have a 3 year old dr...
by Helo80
Tue Feb 06, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Want a Safe Car, Feel Guilty
Replies: 72
Views: 6060

Re: Want a Safe Car, Feel Guilty

I bought my 2007 Lexus IS 350 when it was 5 years old. Prior to that I had a used Infinity. And in my younger days I bought a brand new Avalon. At some point I realized buying new isn’t necessarily better. Ok, and I admit I still want somewhat of a “sexy” car. . . Look at the '18 Camry and Legacy. ...
by Helo80
Tue Feb 06, 2018 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken Premier 5-year subscription $0 (free) on quicken website
Replies: 161
Views: 12786

Re: Quicken Premier 5-year subscription $0 (free) on quicken website

Quicken management: "How do we turn a bonehead IT screwup into a nice business opportunity?" As I said before, "shrewd business move by Quicken.". :moneybag If I were at Quicken, I personally would have pushed for 6 months to try and get people into and hooked on their product. For 60 days, it's no...
by Helo80
Tue Feb 06, 2018 1:52 pm
Forum: Personal Consumer Issues
Topic: Want a Safe Car, Feel Guilty
Replies: 72
Views: 6060

Re: Want a Safe Car, Feel Guilty

Coming from a Lexus, a loaded Camry may not appear like much of an upgrade. Check out the ES, let your stomach churn some more when you see the price tag, and when you get back to the Camry, you'll be fine. Or you may like the upgrade. Agreed --- A top of the line '18 Camry (with V6, leather, nav, ...
by Helo80
Tue Feb 06, 2018 10:57 am
Forum: Personal Consumer Issues
Topic: Want a Safe Car, Feel Guilty
Replies: 72
Views: 6060

Re: Want a Safe Car, Feel Guilty

...V6 (my husband’s request)... I understand that it's your husband's request, but why? The V6's of yesteryear are comparable to the 4 cylinder engines we have today. The advances in engineering, CAD, and fuel ignition visualization are producing the best engines we have ever seen. Honda has droppe...
by Helo80
Tue Feb 06, 2018 10:34 am
Forum: Investing - Theory, News & General
Topic: "Bitcoin is my potential pension"
Replies: 54
Views: 8782

Re: "Bitcoin is my potential pension"

I don't think this is particular to cryptos. Check out WallStreetBets subreddit where some people have been maxing credit to buy 3X leveraged ETFs and option trade. High risk and play money is very different from responsible index investments. The problem becomes if this is the meat and potatoes of...