Search found 751 matches

by Helo80
Thu Mar 15, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: How to buy a safe "power bank" to replace my recalled AmazonBasics unit?
Replies: 63
Views: 6143

Re: How to buy a safe "power bank" to replace my recalled AmazonBasics unit?

If you are looking for a reputable seller of external usb battery packs, go with Anker. It was founded by a group of ex-Googlers, and generally has awesome customer service. They replaced a product I had an issue with for free. yes, their products are a tad more than competition, but they only use h...
by Helo80
Thu Mar 15, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 529 Accounts - Son got full scholarship!
Replies: 54
Views: 6166

Re: Help with 529 Accounts - Son got full scholarship!

Thank you! I was under the impression (for whatever reason) that we could withdraw the whole amount penalty free in one go. I have seen varying estimates on the cost per year for a West Point education, the lowest being ~250K for the full four years. I guess I better talk to someone at the Academy ...
by Helo80
Thu Mar 15, 2018 6:40 pm
Forum: Personal Consumer Issues
Topic: Large life style creep that was completely worth it
Replies: 112
Views: 15908

Re: Large life style creep that was completely worth it

Boat - I love the water and boating. But renting seems better compared time and maintenance For boats -- the quote I have heard is: The two greatest days in a boat owners life is the day he buys it and the day he sells it. Another quote is: If it flies or floats, rent it. If you live on the water a...
by Helo80
Thu Mar 15, 2018 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey on Bonds
Replies: 107
Views: 10639

Re: Dave Ramsey on Bonds

To summarize every DR thread on BH no matter the starting topic: BH think DR is stupid and his advice is stupid. DR also thinks BHs are stupid (one podcast he really ranted against the people who only focus on fund expenses and index funds in general). BH think they are too sophisticated for DR adv...
by Helo80
Thu Mar 15, 2018 5:51 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 114188

Re: To take or not to take delivery of Tesla 3

Musk is a master of distracting investors with shiny new toys (announcements) if there is bad news in the core operations. Credit markets took that bond, but credit investors should be more conservative, and the credit rating is still high yield/ junk levels. I do not believe a word that comes out ...
by Helo80
Wed Mar 14, 2018 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: New Car: Ever make sense to lease?
Replies: 143
Views: 16081

Re: New Car: Ever make sense to lease?

Leasing threads in a finance forum are always fun. Some cars lease well, some do not. In some cases, leasing makes more sense than buying.

Unfortunately, people tend to project onto others why they feel like leasing is a terrible idea rather than looking at all of the facts and figures.
by Helo80
Wed Mar 14, 2018 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: New Car: Ever make sense to lease?
Replies: 143
Views: 16081

Re: New Car: Ever make sense to lease?

Electric cars are changing rapidly. You can buy a few EV right now with greater than 200 mile range. I think there will be dozens of EVs with greater than 200 mile range in 5 years. Also with the 150KW to 350KW chargers it will only take 20 minutes or so to get you back to 80% range. That's why in ...
by Helo80
Wed Mar 14, 2018 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey on Bonds
Replies: 107
Views: 10639

Re: Dave Ramsey on Bonds

Why would anyone on this forum take investing advice from Dave Ramsey? This forum is a self-selected audience, and is far, far, far, far, far from your typical American demographic that the DR enterprise targets. But, if you listen to DR long enough, he does max out his 401k, roth IRA (uses backdoo...
by Helo80
Wed Mar 14, 2018 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey on Bonds
Replies: 107
Views: 10639

Re: Dave Ramsey on Bonds

Why would anyone on this forum take investing advice from Dave Ramsey? This forum is a self-selected audience, and is far, far, far, far, far from your typical American demographic that the DR enterprise targets. But, if you listen to DR long enough, he does max out his 401k, roth IRA (uses backdoo...
by Helo80
Wed Mar 14, 2018 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey on Bonds
Replies: 107
Views: 10639

Re: Dave Ramsey on Bonds

umm.. anytime I listen to him.. he talks about No-Load Mutual funds. Load Mutual funds are a no-no. Yes --- Dave does use no-load, low ER S&P500 index funds as sort of a piggybank for future real estate buys. He only buys RE when he sees a good deal. He was also a RE agent prior to his radio career...
by Helo80
Wed Mar 14, 2018 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey on Bonds
Replies: 107
Views: 10639

Re: Dave Ramsey on Bonds

Because his listeners don't have the reliability to actually invest the difference and he doesn't trust them to play arbitrage games and see it through year after year without bailing, or worse, spending it. Much like credit cards, his listeners do not need to be tempted. His blanket coverage for h...
by Helo80
Sat Mar 10, 2018 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Target funds??
Replies: 10
Views: 983

Re: Target funds??

If you are looking for one fund to dump all your money into (IRA, taxable, 401k, etc.), it's not a bad way to go. I do not think anybody will tell you to avoid it.
by Helo80
Sat Mar 10, 2018 8:57 am
Forum: Personal Consumer Issues
Topic: New Honda CRV - first oil change full synthetic?
Replies: 87
Views: 21320

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

For those BHs that do oil changes themselves (myself included) or the ones that buy oil at Walmart and take it to the mechanic, this is the best deal I have found over the years: buy the 5 qt jug of Mobil 1 at Walmart when on sale (say 22.88 instead of 25.99). Buy it in the spring or fall when Mobi...
by Helo80
Fri Mar 09, 2018 8:10 pm
Forum: Personal Consumer Issues
Topic: career advise website?
Replies: 1
Views: 285

Re: career advise website?

There are a number of practicing physicians whom post here, and can provide candid feedback to you. One of the problems though is that political discussions are not allowed here, yet, I think politics will have a lot to do with how medicine is carried out in the next 20 years based upon issues that ...
by Helo80
Wed Mar 07, 2018 8:54 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 370
Views: 50340

Re: MoviePass-Too good to be true, but it's legit.

Maybe it might be a bit too good to be true ... Lisa Vaas at on Sophos writes, " At first blush, MoviePass, the subscription that lets you see a movie a day at participating theaters for $9.95/month (now on sale for $7.95), sounds like a great deal. But like so many too-good-to-be-true deals nowada...
by Helo80
Tue Mar 06, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: AAPL, AMZN, or GOOG?
Replies: 95
Views: 10648

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 And now Amazon wants to be a bank as well... Now, I do thi...
by Helo80
Tue Mar 06, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: $150K to invest
Replies: 12
Views: 2062

Re: $150K to invest

bloom2708 wrote:
Tue Mar 06, 2018 6:14 pm
60% Total US Stock index + 40% Total International Stock index

Up bonds in 401k/Roth if your asset allocation is out of whack.

Second this, though my allocation is set at 80% domestic equity and 20% international. I keep it roughly at 80/20 between my taxable, IRA, and 401k.
by Helo80
Tue Mar 06, 2018 6:13 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 370
Views: 50340

Re: MoviePass-Too good to be true, but it's legit.

It was correct at the time posted They showed up as supported viewings and we did it multiple times Since new terms of service, it is no longer an option I'm going to be blunt --- special events (Fathom, 3D, Imax, RPX, etc.) have never been supported under the $10/month or $8/month options. The TOS...
by Helo80
Tue Mar 06, 2018 5:54 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 370
Views: 50340

Re: MoviePass-Too good to be true, but it's legit.

I relented in signing up for MP after Costco announced the deal. Costco added legitimacy to the service.

All in all, the service has worked and continues to work as described. It has not failed me once.
by Helo80
Tue Mar 06, 2018 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: 14yr old son wants to invest
Replies: 20
Views: 1731

Re: 14yr old son wants to invest

Thank you for the continue advise/insights. All good stuff. I looked into a UTMA with USAA (where we have our accounts). I was disheartened by the lack of funds available to him with a min investment of $1000 or less. Plus all the expense ratios are well north of 1% on most. USAA is fine for some t...
by Helo80
Tue Mar 06, 2018 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: 14yr old son wants to invest
Replies: 20
Views: 1731

Re: 14yr old son wants to invest

My 14yr old son has $1000 and wants to start investing. Looking for any advice. Index fund vs ETF vs Berkshire B stock. I know BRKB isn't an index fund but he is enamored with Warren Buffett (not a bad investment role model). Thanks I would show him Warren Buffet's investing advice on low-cost S&P5...
by Helo80
Tue Mar 06, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: what to do with 401k? Company dissolving....
Replies: 16
Views: 1762

Re: what to do with 401k? Company dissolving....

If they were tryng to market.time then I wouldn't call them "BHs". Keeping multiple brokerage accounts to facilitate acting on the urge to trade on news... Not a good idea. I was not suggesting people were selling . Personally, I bought both days the DJIA fell around 1000 points. I do not regret it...
by Helo80
Mon Mar 05, 2018 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: what to do with 401k? Company dissolving....
Replies: 16
Views: 1762

Re: what to do with 401k? Company dissolving....

But would there be an advantage in having a separate IRA at say Schwab or Fidelity in case one of the sites is hacked? I suppose I could also get a transfer bonus if I opened another IRA somewhere instead of Vanguard? Yes, sometimes Schwab offers transfer bonuses... maybe Fidelity, but I don't know...
by Helo80
Sun Mar 04, 2018 8:35 pm
Forum: Personal Consumer Issues
Topic: $500 gift card, what to do?
Replies: 42
Views: 3721

Re: $500 gift card, what to do?

A couple of months ago everyone on my team got a $500 Visa debit gift card to thank us for some insane work and hours we had recently put in due to some serious and unforeseeable issues that arose. I actually forgot about it and just rediscovered it in a spare wallet I keep in my backpack and now I...
by Helo80
Sun Mar 04, 2018 8:21 pm
Forum: Investing - Theory, News & General
Topic: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?
Replies: 80
Views: 15803

Re: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?

I view Berkshire as basically an "index fund", even though it does not technically fit the definition. It's not a technicality. It's not close to being a diversified mutual fund. It's even farther away from being an index fund. To view Berkshire Hathaway as "basically an index fund" is like viewing...
by Helo80
Sun Mar 04, 2018 7:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's U.S. Total Stock Market Index fund (VTSAX) and Fidelity's TSM (FSTVX) considered "substantially identical"?
Replies: 24
Views: 3193

Re: Vanguard's U.S. Total Stock Market Index fund (VTSAX) and Fidelity's TSM (FSTVX) considered "substantially identical

Momus wrote:
Sun Mar 04, 2018 7:02 pm
If I wanna harvest loss from total stock market (domestic), what funds do I have to buy in Vanguard to replace it immediately?

VFIAX (S&P500 index) basically returns at the same rate as TSM.
by Helo80
Sun Mar 04, 2018 6:57 pm
Forum: Investing - Theory, News & General
Topic: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?
Replies: 80
Views: 15803

Re: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?

I view Berkshire as basically an "index fund", even though it does not technically fit the definition. Also, I do like how Buffett speaks so highly of S&P500 Index funds. I take it Berkshire has done so extraordinarily well that even Buffett is surprised, and at this point in his life, he'd rather g...
by Helo80
Sun Mar 04, 2018 10:20 am
Forum: Personal Consumer Issues
Topic: Bathroom remodel decision
Replies: 41
Views: 2616

Re: Bathroom remodel decision

We plan to stay put for at least 10 more years. I'm wondering if we should just get what we'd like, or what the "market" prefers? Any thoughts from my fellow Bogleheads? Maybe you should do what you prefer and not what the market prefers? It's not like you are making some crazy request here. I woul...
by Helo80
Sat Mar 03, 2018 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Lost My Way - Advice Needed
Replies: 44
Views: 5141

Re: Lost My Way - Advice Needed

Agreed --- cut your losses now and stick to the three fund portfolio. You are fortunate in that you're 27 and have a long investing horizon in front of you. The big thing is to not monitor the week to week, month to month and year to year performance of broad market, domestic equity index investment.
by Helo80
Sat Mar 03, 2018 11:35 am
Forum: Investing - Help with Personal Investments
Topic: 25YR old with considerable amount of cash
Replies: 48
Views: 7140

Re: 25YR old with considerable amount of cash

First, sorry about your loss as it's an unfortunate event that led to this kind of financial situation. Second, glad to hear that you are here and ready the BH Investment book. Absolutely DO NOT go to Edward Jones or Schwab or Fidelity or any other financial adviser for "help". They will "help" you ...
by Helo80
Sat Mar 03, 2018 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Finally get it, Step 2 - Get rid of FA at Fidelity?
Replies: 65
Views: 5282

Re: Finally get it, Step 2 - Get rid of FA at Fidelity?

Thanks everyone for confirming what I was thinking. I just don't get it, how do these FA's sleep at night? I find it very upsetting now that I finally understanding it at a very high level. Most of them are honestly trying to help, and a certain segment of the population is scared to death of the s...
by Helo80
Sat Mar 03, 2018 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Finally get it, Step 2 - Get rid of FA at Fidelity?
Replies: 65
Views: 5282

Re: Finally get it, Step 2 - Get rid of FA at Fidelity?

Thank! The only part I don't get is do I tell the FA to move the money into the 3 funds and remove him as my adviser after that is done or the other way around. I was going to call Fidelity on Monday to have them help me out but hoping this group can give some background on that process. I'm not su...
by Helo80
Fri Mar 02, 2018 8:28 pm
Forum: Personal Consumer Issues
Topic: 2016 Sienna - 57k miles - any downside to buying?
Replies: 29
Views: 3489

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

OP, I was in the same situation as you just last month. I also had a budget of $25K. I found and ended up purchasing a CPO 2016 Sienna XLE with 42,000 miles here in southern CA for $23,400 before taxes and fees. I figured a new one (while not a direct apples to apples comparison due to the new safe...
by Helo80
Fri Mar 02, 2018 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Morgan Stanley wants my 410K and everything else, Why?
Replies: 63
Views: 6035

Re: Morgan Stanley wants my 410K and everything else, Why?

Hello 1st post. I inherited a stock portfolio (160K) and a Morgan Stanley FA in 2015. FA would like me to move all my accounts to Morgan Stanley. He asks every year. He wants my 401K (600k) to transfer into an IRA. He wants to hold my Vanguard Accounts (360k) In Kind, and a Charles Schwab account (...
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: 1063

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: 1063

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: 928

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: 1806

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: 4214

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: 4214

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: 3489

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: 3280

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: 3489

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: 3581

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: 3581

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: 3581

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: 3581

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: 2212

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: 10648

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: 6191

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. (...