Search found 574 matches

by wootwoot
Tue Sep 17, 2019 9:33 pm
Forum: Personal Consumer Issues
Topic: $2k repairs on $12K car
Replies: 81
Views: 5753

Re: $2k repairs on $12K car

2k in repairs is much cheaper than a new car. With mileage that low this is a no brainier.
by wootwoot
Sun Sep 15, 2019 8:37 pm
Forum: Investing - Theory, News & General
Topic: Oil price going to a $100-- time to change your asset allocation??
Replies: 86
Views: 9144

Re: Oil price going to a $100-- time to change your asset allocation??

The time to change your AA was Friday :-) While it is unpopular to hold commodity related stocks here I picked up some XOM shares over the last 2 weeks. It should be interesting to see where they go in the next few days. That being said I picked them up for their long and consistent dividend payout....
by wootwoot
Sat Sep 14, 2019 9:14 am
Forum: Investing - Theory, News & General
Topic: Fidelity beating vanguard now? switch to Fidelity?
Replies: 121
Views: 7200

Re: Vanguard is Falling Behind Compared to Fidelity

Funny you should mention this. My company 401k is through Fidelity Netbenefits and their phone app for Android is hot garbage. It's ugly, the navigation is clunky, and most of the links take you to the website rather than providing mobile content. Vanguard has none of these problems and while their ...
by wootwoot
Thu Sep 12, 2019 5:06 am
Forum: Investing - Theory, News & General
Topic: Day Trading for a Living?
Replies: 44
Views: 4471

Re: Day Trading for a Living?

4nursebee wrote: Thu Sep 12, 2019 2:56 am Is this thread actionable?
Is there any point in discussing this?
Maybe if you're interested in getting into the high stakes of the Brazilian equity futures market... This study is so narrowly focused I also question what value it brings to a discussion.
by wootwoot
Sun Sep 08, 2019 9:01 am
Forum: Personal Consumer Issues
Topic: Costco washer/dryer delivery: tipping?
Replies: 54
Views: 6894

Re: Costco washer/dryer delivery: tipping?

No, these guys are paid to perform this job by Costco. I've never heard of anyone tipping in this situation.
by wootwoot
Sat Sep 07, 2019 9:29 am
Forum: Investing - Theory, News & General
Topic: Index Funds Bubble? [Michael Burry article]
Replies: 254
Views: 34067

Re: 30yo lump sum investor - scared of Burry's warnings on index funds, what to do?

GoldenFinch wrote: Sat Sep 07, 2019 6:35 am Why choose to focus and act on Burry’s opinion over the thousands of other opinions from other people in the press. You are supposed to ignore the noise.
Unique perspective.
by wootwoot
Sat Sep 07, 2019 8:33 am
Forum: Personal Consumer Issues
Topic: How much do you tip ubereats?
Replies: 45
Views: 4554

Re: How much do you tip ubereats?

Zero point zero, their fees are too high.
by wootwoot
Wed Sep 04, 2019 9:04 am
Forum: Investing - Theory, News & General
Topic: Index Funds Bubble? [Michael Burry article]
Replies: 254
Views: 34067

Re: Michael Burry: Index Funds are like Subprime CDOs

rascott wrote: Wed Sep 04, 2019 8:50 am If this was true... you should expect there to be a lot of active managers that could beat the market. However most equity managers basically hug the index, and just make bets on the fringes to attempt to beat it.
Maybe those active managers are getting ready. Big Short 2?
by wootwoot
Sat Aug 31, 2019 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting 60k to someone
Replies: 41
Views: 6823

Re: Gifting 60k to someone

Gift one of them 60k as a 529 contribution. There is no gift tax on a one-time contribution up to 70k. Then have them withdrawal the money. 529s only penalize non-educational withdrawals on earnings not contributions so there won't be a tax bill due.
by wootwoot
Thu Aug 29, 2019 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Should I purchase a $30k car?
Replies: 112
Views: 8348

Re: Should I purchase a $30k car?

Quality is average but still lower than Toyota. It is very expensive to service (try to change oil and battery yourself) :confused Both of my BMWs have been the easiest cars I've ever changed oil on, full stop. Since getting an oil extractor 5 or 6 years ago, it's gotten even easier. I could change...
by wootwoot
Thu Aug 29, 2019 8:23 pm
Forum: Personal Consumer Issues
Topic: OBD Malfunction Code #B0020-13 on Honda CRV: dealer can't fix - what to do?
Replies: 26
Views: 2558

Re: OBD Malfunction Code #B0020-13 on Honda CRV: dealer can't fix - what to do?

It's not that it can't be fixed; they don't want to fix it. Warranty repairs are reimbursed by Honda Corp at a lower rate than retail customers pay. I'd ask the service adviser what the purpose of a warranty is if the car can't be repaired when it's broken. Warranty repairs are free money for the d...
by wootwoot
Sun Aug 25, 2019 9:53 am
Forum: Personal Consumer Issues
Topic: Another car affordability question, YOLO vs. extreme FI
Replies: 64
Views: 3988

Re: Another car affordability question, YOLO vs. extreme FI

OP try to find a different used Golf R. 2017 models with ~30k miles can be found for low 30s. Then go buy a tune to make the car complete. Having a fast car like this now will bring much more enjoyment than buying it later in life. You have your ducks in a row and are building up healthy savings so ...
by wootwoot
Wed Aug 21, 2019 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 205
Views: 19842

Re: White collars- How much is your work downtime?

I find this thread baffling. As an Emergency Medicine Physician I can honestly say that during a 7a - 7p shift I would estimate about 5% or less downtime in order to eat or use the bathroom. There usually is a little more downtime on the overnight shifts but I’d much prefer to be busy. Fortunately ...
by wootwoot
Fri Aug 16, 2019 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage refinance - should I go from 4% => 3.5%? Why did mortgage rates tick up as economic data has been hesitant?
Replies: 12
Views: 2407

Re: Mortgage refinance - should I go from 4% => 3.5%? Why did mortgage rates tick up as economic data has been hesitant?

rasputin wrote: Fri Aug 16, 2019 6:35 pm I heard from a different company today that offered 3.375 and no fees. I’m going to take it.

Oh, no escrow account either!
Can you share these companies with the forum?
by wootwoot
Fri Aug 16, 2019 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Debating a 4.25 to 3.375 refi
Replies: 28
Views: 2245

Re: Debating a 4.25 to 3.375 refi

Rates on better.com are going up by the day. If you can lock in something that low go for it!
by wootwoot
Thu Aug 15, 2019 8:19 pm
Forum: Personal Investments
Topic: Vanguard Energy ETF (VDE) - Good Time to Jump In?
Replies: 20
Views: 4242

Re: Vanguard Energy ETF (VDE) - Good Time to Jump In?

For a counternarrative, you may be interested in this thread where an investor dislikes energy stocks so much they're considering replacing their total market fund with a fund that includes everything but energy: https://www.bogleheads.org/forum/viewtopic.php?t=285495 . There are also generic argum...
by wootwoot
Sun Aug 11, 2019 3:23 pm
Forum: Investing - Theory, News & General
Topic: With Rates Falling Should U Buy Annuity?
Replies: 18
Views: 2142

Re: With Rates Falling Should U Buy Annuity?

antiqueman wrote: Sun Aug 11, 2019 1:58 pm I think there is at least a reasonable probability we may see zero, or very close to zero, rates for sometime.
This line of thinking has been repeated in other threads here. Why do you think this?
by wootwoot
Sun Aug 11, 2019 1:55 pm
Forum: Investing - Theory, News & General
Topic: If you think oil prices will drop where would you invest?
Replies: 70
Views: 4302

Re: If you think oil prices will drop where would you invest?

Wherever i look or read i see articles talking about sales explosion in electric cars all over the world. Sooner or later in the long run, this will depress oil prices. This is inevitable. If you believe 10% that oil prices will decrease big time say in 10 years, where would you invest to get the m...
by wootwoot
Fri Aug 09, 2019 7:56 pm
Forum: Investing - Theory, News & General
Topic: Why do dividends still exist?
Replies: 204
Views: 13324

Re: Why do dividends still exist?

Capital gains are more tax efficient than dividends in the US. Presumably, that is why Berkshire Hathaway doesn’t generate dividends. So, why do any US companies still provide shareholders with dividends? Is it some sort of tax-inefficient budgeting tool for investors? EDIT: I guess my follow up qu...
by wootwoot
Fri Aug 09, 2019 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: House being sold as 2553sqft livable, but tax records show 2053? Cause for concern?
Replies: 37
Views: 3291

Re: House being sold as 2553sqft livable, but tax records show 2053? Cause for concern?

This is a huge cause for concern. Raise the issue and if you don't get a satisfactory answer during the 10 day inspection period you should bail on the house. Usually this means the owner put an unpermitted addition on the home. If that's the case you don't want to be a part of it when the city fin...
by wootwoot
Fri Aug 09, 2019 8:56 am
Forum: Personal Finance (Not Investing)
Topic: House being sold as 2553sqft livable, but tax records show 2053? Cause for concern?
Replies: 37
Views: 3291

Re: House being sold as 2553sqft livable, but tax records show 2053? Cause for concern?

This is a huge cause for concern. Raise the issue and if you don't get a satisfactory answer during the 10 day inspection period you should bail on the house. Usually this means the owner put an unpermitted addition on the home. If that's the case you don't want to be a part of it when the city find...
by wootwoot
Thu Aug 08, 2019 5:39 pm
Forum: Personal Consumer Issues
Topic: Silicon Valley Interview Attire
Replies: 30
Views: 3223

Re: Silicon Valley Interview Attire

Dark jeans and a sportcoat.
by wootwoot
Thu Aug 08, 2019 12:49 pm
Forum: Personal Consumer Issues
Topic: Best online retailer other than Amazon
Replies: 36
Views: 2404

Re: Best online retailer other than Amazon

Walmart /endthread
by wootwoot
Wed Aug 07, 2019 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Where to find rates for no-cost refi?
Replies: 57
Views: 5371

Re: Where to find rates for no-cost refi?

I don't understand the mania for no-cost refis. A mortgage ALWAYS has costs. if the lender is paying them on your behalf, then they are charging you a higher rate. Really, you're the one buying the mortgage, you better believe you are paying the fees. It's really simple. If I can lower my mortgage ...
by wootwoot
Sun Aug 04, 2019 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Where to find rates for no-cost refi?
Replies: 57
Views: 5371

Re: Where to find rates for no-cost refi?

AimLoan is pretty well-regarded around here (numerous threads pop up in the search). And yeah , I wouldn't do a no-cost refi for a 0.25% change in rates. Last time I refinanced, things went very smoothly and the bank even waived the appraisal, and I still found the process to be kind of a headache....
by wootwoot
Sun Aug 04, 2019 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Where to find rates for no-cost refi?
Replies: 57
Views: 5371

Re: Where to find rates for no-cost refi?

Check AimLoan as well. They'll provide 8 or so options for each type of loan (eg 15 yr fixed, 30 yr fixed...) the last which is zero cost - the credit covers the appraisal , title insurance, taxes , and so on so you're not paying any costs upfront. Run through all the options however and compute th...
by wootwoot
Sun Aug 04, 2019 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Annual review was disappointing, what should I do next?
Replies: 44
Views: 6000

Re: Annual review was disappointing, what should I do next?

After working at that company for 3 years you got a 10k raise and went from 120k per year to making 130k per year and you are disappointed? That's an 8% raise on one year. Let's put this in perspective, the median income in the U.S. is 32k per year, and you went from making 3.75 times the median in...
by wootwoot
Sat Aug 03, 2019 5:38 pm
Forum: Personal Consumer Issues
Topic: Insane to buy a sports car?
Replies: 215
Views: 13092

Re: Insane to buy a sports car?

tim1999 wrote: Sat Aug 03, 2019 1:39 pm
stoptothink wrote: Sat Aug 03, 2019 12:28 pm
The "can I afford this house" threads are one thing, but IMO most of these "can I afford this car" threads are thinly-veiled humblebrags.
Agreed.
Most "can I afford it" threads posted here are.

That being said, OP go for it! The new Vette is really impressive.
by wootwoot
Fri Aug 02, 2019 11:27 pm
Forum: Personal Investments
Topic: Does it bug anyone else that Vanguard only has money market for cash?
Replies: 101
Views: 9475

Re: Does it bug anyone else that Vanguard only has money market for cash?

No worries here, their mm rate is actually pretty good. It beats having money sit in a bank account earning next to nothing.
by wootwoot
Wed Jul 31, 2019 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Ethics of "bonus payback" when quitting a job
Replies: 158
Views: 12215

Re: Ethics of "bonus payback" when quitting a job

His current job will likely garnish his last paycheck to help pay back the loan and after that he's a free man. Most companies won't go after people for things like this, it just isn't worth their time. This is not accurate. Almost every company I've worked for (large and small) has gone after thos...
by wootwoot
Wed Jul 31, 2019 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Ethics of "bonus payback" when quitting a job
Replies: 158
Views: 12215

Re: Ethics of "bonus payback" when quitting a job

His current job will likely garnish his last paycheck to help pay back the loan and after that he's a free man. Most companies won't go after people for things like this, it just isn't worth their time.
by wootwoot
Tue Jul 30, 2019 9:15 am
Forum: Personal Consumer Issues
Topic: Depreciation Curve vs Warranty
Replies: 9
Views: 488

Re: Depreciation Curve vs Warranty

Many certified cars will have 7 year/100k mile coverage. Depending on the make/model this could be a good deal for a worry-free experience.
by wootwoot
Mon Jul 29, 2019 9:36 am
Forum: Personal Consumer Issues
Topic: Do you buy the highest trim car ?
Replies: 120
Views: 8970

Re: Do you buy the highest trim car ?

When buying new I go for the lowest trim and when buying used I go for the highest trim. Most of my cars were purchased used at 2-3 years of age.
by wootwoot
Thu Jul 18, 2019 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?
Replies: 289
Views: 24169

Re: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?

However, in a LCOL area I have witnessed wealth and wealth accumulation beyond my wildest dreams. Wealth is also different in a LCOL rural area. Even a medium size farm is a multi-million dollar business. Think about that the next time you are flying over "flyover" country and see all those funny l...
by wootwoot
Wed Jul 17, 2019 10:31 pm
Forum: Personal Investments
Topic: How exactly does maxing a 401k work when you're approaching the limit line?
Replies: 27
Views: 2408

Re: How exactly does maxing a 401k work when you're approaching the limit line?

HR will only allow the max contribution to be taken out of your paycheck. You don't have to do anything.
by wootwoot
Sun Jul 14, 2019 12:09 pm
Forum: Personal Investments
Topic: Would you exchange VTSAX to VTI ??
Replies: 42
Views: 4283

Re: Would you exchange VTSAX to VTI ??

ETFs at Vanguard are just as easy as mutual funds, you'll see no difference other than lower fees. Save yourself some money and switch to the ETF.
by wootwoot
Wed Jul 10, 2019 7:06 am
Forum: Personal Consumer Issues
Topic: Wyze Cam reviews
Replies: 28
Views: 3089

Re: Wize Cam reviews

Just found out about these security cameras. Amazing features for only $25. Anyone know why they are so inexpensive compared $200+ Arlo cameras Easy, they keep costs in check. They use commodity hardware, have little to no marketing for the company, and have a small staff of dedicated developers. T...
by wootwoot
Fri Jul 05, 2019 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: How to interpret different raise percents?
Replies: 41
Views: 3137

Re: How to interpret different raise percents?

This whole theory is flawed. Some companies are more liberal with raises than others so these percentages are arbitrary. Also, how do you approach companies that give out RSUs as compensation? If I get a low % but a lot of RSUs does that mean a company doesn't value me? Your confusion would go away...
by wootwoot
Thu Jul 04, 2019 3:02 pm
Forum: Investing - Theory, News & General
Topic: How do you brace for impact?
Replies: 65
Views: 6685

Re: How do you brace for impact?

Stay the course. Don't try to time the market.
by wootwoot
Thu Jul 04, 2019 1:46 pm
Forum: Personal Consumer Issues
Topic: Parents got ripped off, what can I do about it?
Replies: 75
Views: 7408

Re: Parents got ripped off, what can I do about it?

My dad called 4 other plumbers who quoted him way lower prices. He became quite angry and called the company demanding a partial refund (he has been doing a lot of business with them over the past 7 years). His complaint was escalated all the way to an owner of the company and they had a 15 min con...
by wootwoot
Thu Jul 04, 2019 1:39 pm
Forum: Personal Consumer Issues
Topic: DIY Home Security like Ring and SimpliSafe vs paid services like ADT and Rampart. What do you advise for and/or against?
Replies: 34
Views: 4104

Re: DIY Home Security like Ring and SimpliSafe vs paid services like ADT and Rampart. What do you advise for and/or agai

Sirens in our neighborhood are treated as if the homeowner locked themselves out. No one goes to investigate. We don't use the system that was installed by the builder and just don't worry about theft because there is nothing worth stealing in the house: no jewelry, no money, no guns, no appliances...
by wootwoot
Thu Jul 04, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: How to interpret different raise percents?
Replies: 41
Views: 3137

Re: How to interpret different raise percents?

This whole theory is flawed. Some companies are more liberal with raises than others so these percentages are arbitrary. Also, how do you approach companies that give out RSUs as compensation? If I get a low % but a lot of RSUs does that mean a company doesn't value me?
by wootwoot
Wed Jul 03, 2019 1:01 pm
Forum: Personal Consumer Issues
Topic: Parents got ripped off, what can I do about it?
Replies: 75
Views: 7408

Re: Parents got ripped off, what can I do about it?

So if you call a plumber, agreed to have them install something, then paid for said work how is that being ripped off?
by wootwoot
Tue Jul 02, 2019 11:41 pm
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 89
Views: 12468

Re: Pick one: $135,000 rental property or $110,000 in REITs

VNQ requires no upkeep, no hassles with tenants, and you can easily sell VNQ any day the market is open and for only a few $.
by wootwoot
Tue Jul 02, 2019 1:47 pm
Forum: Personal Consumer Issues
Topic: Keep garage 'cooler' during summer
Replies: 31
Views: 4165

Re: Keep garage 'cooler' during summer

Swamp cooler
by wootwoot
Tue Jul 02, 2019 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: How much should I have saved for retirement by age 40?
Replies: 111
Views: 20853

Re: How much should I have saved for retirement by age 40?

50k, all 40 year olds should have at least 50k