Search found 527 matches

by Nissanzx1
Wed Oct 31, 2018 6:23 am
Forum: Personal Consumer Issues
Topic: Luxury Sedans for around $25k used with lower miles? AWD?
Replies: 38
Views: 2803

Re: Luxury Sedans for around $25k used with lower miles? AWD?

Best bet is LS460 you'll be straining the budget a touch for AWD but worth it. To the poster that said lipstick on a pig, drive the LS 460 and you will stand corrected.

5 series BMW is a good option too and much less expensive but won't hold value like LS460.
by Nissanzx1
Tue Oct 30, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Should I co-sign for relative?
Replies: 103
Views: 5159

Re: Should I co-sign for relative?

I wouldn't consider it for even a second.
by Nissanzx1
Tue Oct 30, 2018 11:01 am
Forum: Personal Finance (Not Investing)
Topic: The Case for Renting
Replies: 31
Views: 3750

Re: The Case for Renting

I'd just keep renting, pay off the loans and stock pile money. With your income, you can put cash together very quickly. In the meantime real state should weaken a touch... that combined with a strong cash position, you will get a great deal.
by Nissanzx1
Tue Oct 30, 2018 6:21 am
Forum: Personal Consumer Issues
Topic: People with older car, share your unusual repairs
Replies: 84
Views: 5432

Re: People with older car, share your unusual repairs

I have a 2003 Honda Element with 267K Miles. It's on its third transmission (yes I changed the fluid religiously with the Honda fluid). Just lost the a/c compressor this year ($500). I now have so much money in this car, I HAVE to drive it for several more years to get the money back. "At least it's...
by Nissanzx1
Sun Oct 28, 2018 10:31 pm
Forum: Investing - Theory, News & General
Topic: Are you too wealthy for a LIQUID emergency fund?
Replies: 29
Views: 5121

Re: Are you too wealthy for a LIQUID emergency fund?

No sorry, a healthy emergency fund is the ultimate luxury...
by Nissanzx1
Sun Oct 28, 2018 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Girlfriend's Student Loans
Replies: 101
Views: 9662

Re: Girlfriend's Student Loans

I went through this situation when I got married. I brought it up during engagement to make sure she understood that we would not be wandering through life with $65K in student loans. It took us about 2.5 years to get it done. Like you, I was pretty responsible previously. I certainly didn't shame h...
by Nissanzx1
Sun Oct 28, 2018 7:02 am
Forum: Personal Investments
Topic: 5-10 year horizon for $100K
Replies: 11
Views: 1178

Re: 5-10 year horizon for $100K

5 years or under- most experts will recommend a CD...
by Nissanzx1
Sat Oct 27, 2018 7:14 am
Forum: Personal Consumer Issues
Topic: How many miles (total) on car before buying another car ?
Replies: 114
Views: 7375

Re: How many miles (total) on car before buying another car ?

Cars are being built better overall and many will go to 300K plus with proper maintenance. My current daily driver has 267K. I'm saving for another vehicle with no current plans to purchase anything. We always keep an extra vehicle here so we never have to rent our borrow one when there is a breakdo...
by Nissanzx1
Thu Oct 25, 2018 10:55 pm
Forum: Personal Investments
Topic: Taking Equity out of Rental Property to Invest
Replies: 7
Views: 755

Re: Taking Equity out of Rental Property to Invest

Real estate where money is still owed isn't really that much fun. Constant pressure if the tenant doesn't pay or if there is an vacancy. Do we take the one qualifying renter who we don't have a good gut feeling on because we don't want to make the payment out of "our" money this month. No thanks sor...
by Nissanzx1
Wed Oct 24, 2018 7:10 am
Forum: Personal Finance (Not Investing)
Topic: Withdraw 401k for Down Payment
Replies: 20
Views: 1493

Re: Withdraw 401k for Down Payment

401K isn't a savings account and raiding one or 4 to come up with this is a mistake. You'll be loosing 40% plus of your money if you take it as a withdrawal. Only way I'd raid one is maybe to avoid a foreclosure- maybe. You need to wait to buy anything until you tighten the budget and save. Rushing ...
by Nissanzx1
Tue Oct 23, 2018 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: Car lease is up: buy it or get a new lease?
Replies: 46
Views: 4042

Re: Car lease is up: buy it or get a new lease?

With your income and net worth I honestly find it silly to make any car payment at all on a vehicle. You can make enough money for a new civic in like a week and a half. Long term it's not the smartest to rent. Look at owning your residence some day. Lowers overall cash flow costs and you will still...
by Nissanzx1
Tue Oct 23, 2018 11:21 pm
Forum: Personal Investments
Topic: Pay cash for the new car or finance (and what to invest with the cash)?
Replies: 32
Views: 2985

Re: Pay cash for the new car or finance (and what to invest with the cash)?

I'd write the check and be done, that is an awfully nice car- Congrats!
by Nissanzx1
Tue Oct 23, 2018 11:18 pm
Forum: Personal Consumer Issues
Topic: Best way to complain about Hertz bait-and-switch?
Replies: 58
Views: 6664

Re: Best way to complain about Hertz bait-and-switch?

I was in car rental for over a decade. Raise hell with the area manager and ask for something tall (free week of rental, etc). You will get whatever you want. These places make so much money they just will want you to go away paid off.
by Nissanzx1
Tue Oct 23, 2018 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: When Will Attaining Millionaire Status Be Obsolete?
Replies: 77
Views: 5027

Re: When Will Attaining Millionaire Status Be Obsolete?

It will be the benchmark for my lifetime (I'm 40). I'm not there but should be eventually...
by Nissanzx1
Tue Oct 23, 2018 4:46 am
Forum: Personal Consumer Issues
Topic: What do you spend your money on outside of expenses and investments?
Replies: 23
Views: 1792

Re: What do you spend your money on outside of expenses and investments?

I buy really nice wrist watches. It's my guilty pleasure. Wife likes vacations.
by Nissanzx1
Mon Oct 22, 2018 11:02 pm
Forum: Personal Investments
Topic: Pay off mortgage early vs IRA
Replies: 8
Views: 777

Re: Pay off mortgage early vs IRA

I always kind of cringe anytime someone brings up the mortgage interest deduction as a reason to keep a loan around. It's like paying $5 to get $1 back for most people...
by Nissanzx1
Mon Oct 22, 2018 10:54 pm
Forum: Personal Investments
Topic: For those who paid off house - how did you do it?
Replies: 97
Views: 8015

Re: For those who paid off house - how did you do it?

Paid off a 30 year fixed last year in 5 years at 39. I saved 6% in my 401K to get the match, then chucked everything I had over $50 at the loan. I sold things on eBay as a side hustle, like ALOT of things. I made principle reduction payments nearly every single day. I sold some expensive collectible...
by Nissanzx1
Mon Oct 22, 2018 8:29 pm
Forum: Personal Investments
Topic: Inheritance help
Replies: 7
Views: 722

Re: Inheritence help

Sorry for the loss, buy a CD for 6 month or 12 months and process the loss. It's important to not do anything rash. Your cars are insane with your income level, I would sell both and buy two $5000-8000 cars. Your cars are worth as much as your annual income. Not something you can afford to watch dep...
by Nissanzx1
Sun Oct 21, 2018 9:23 pm
Forum: Personal Consumer Issues
Topic: Why Purchase an Automobile using Premium Gasoline?
Replies: 68
Views: 3243

Re: Why Purchase an Automobile using Premium Gasoline?

shunkman wrote:
Sun Oct 21, 2018 9:19 pm
While we are at it, what's the best brand of oil to use?
That's almost a religious question to some. I use Mobil 1 full synthetic or Walmart Super Tech Full Synthetic. The walmart oil performs very well and is only like $17 for 5 quarts ($20 full synthetic oil change).
by Nissanzx1
Sun Oct 21, 2018 9:15 pm
Forum: Personal Consumer Issues
Topic: Why Purchase an Automobile using Premium Gasoline?
Replies: 68
Views: 3243

Re: Why Purchase an Automobile using Premium Gasoline?

I've put 100's of thousands of miles on cars that require premium. I use 87 octane, never any problem. I have two Mercedes in the garage now with 87 in the tanks. One we drove 150 miles this morning...
by Nissanzx1
Sun Oct 21, 2018 9:10 pm
Forum: Personal Consumer Issues
Topic: Quitting w/o notice
Replies: 132
Views: 8983

Re: Quitting w/o notice

I've done it, I didn't think twice about it. I left my key in a locked mailbox with a simple note. Company and people were awful and I would have starved before I would take a reference from them. Nobody even called me and I was there over 10 years if that tells you anything about the culture. Curre...
by Nissanzx1
Sun Oct 21, 2018 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: 2 rental car reservations?
Replies: 23
Views: 1454

Re: 2 rental car reservations?

Why not? They do it to you- trust me I was in that business for a decade.
by Nissanzx1
Sun Oct 21, 2018 8:06 am
Forum: Personal Investments
Topic: Am I doing it right?
Replies: 17
Views: 1538

Re: Am I doing it right?

I suppose it depends on income ($18500 for each spouse plus $1000/mo is great if you make $195K but not so great if you make $600K). Just goal yourself out at 15-20% of income (depending on how rich you want to be) and for most people you will be fine with this level of retirement funding. Watch the...
by Nissanzx1
Sat Oct 20, 2018 7:25 am
Forum: Personal Finance (Not Investing)
Topic: If I'm convinced to stop making extra mortgage payments, should I recast?
Replies: 15
Views: 2187

Re: If I'm convinced to stop making extra mortgage payments, should I recast?

You didn't list your income but your mortgage debt seems like something you could settle in just a few years if you buckled down and really tightened up your budget. It's a game changer, there is no need to flirt with this mortgage for another 12-15 years. I'd punch it in the face every month, until...
by Nissanzx1
Sat Oct 20, 2018 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Where would you go for financial guidance if you win the Megamillions?
Replies: 188
Views: 17417

Re: Where would you go for financial guidance if you win the Megamillions?

I would hire a good estate attorney and manage everything myself. I'd spend most of the next few years aquiring real estate. I would be looking at ways I could really help people in my community- really trying to solve issues for the long term. I would even possibly create a low-fee, low-cost payday...
by Nissanzx1
Fri Oct 19, 2018 6:48 am
Forum: Personal Consumer Issues
Topic: To replace old Volvo
Replies: 35
Views: 1593

Re: To replace old Volvo

Just buy a slightly newer Volvo. Have a mechanic look before you let go of the cash. Used Volvos are among the cheapest vehicles available.
by Nissanzx1
Thu Oct 18, 2018 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: 0% APR for 6 months -- any disadvantages ?
Replies: 3
Views: 346

Re: 0% APR for 6 months -- any disadvantages ?

While it's possible to earn a few extra dollars, this type of thing is kinda a risk/reward thing. I don't consider the reward to outweigh the risk of accidentaly missing a payment...
by Nissanzx1
Wed Oct 17, 2018 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Too good to be true; what am I missing?
Replies: 17
Views: 3174

Re: Too good to be true; what am I missing?

Risk is the only thing you left out. As long as you lay out what risks might present, and you're ok with those risks, do what you like.
by Nissanzx1
Wed Oct 17, 2018 3:32 am
Forum: Personal Consumer Issues
Topic: Maserati Experiences
Replies: 47
Views: 5621

Re: Maserati Experiences

Ferrari repair prices with the added bonus of double digit depreciation every year. No way sorry. Buy a Ferrari or Lamborghini instead.
by Nissanzx1
Mon Oct 15, 2018 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Kids not interested in money / allowance
Replies: 50
Views: 5192

Re: Kids not interested in money / allowance

I was raised by people just like you. They are now nearly 70, retired multimillionaires. I got out of college (their dime) and struggled with money/debts/credit. They never taught me to borrow but I had 3 Mercedes (on payments) and 11 credit cards and made $40,000/year. I always had a job since 14 b...
by Nissanzx1
Sun Oct 14, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: When to stop putting money into an older vehicle
Replies: 90
Views: 6590

Re: When to stop putting money into an older vehicle

About 1.5 years ago I put $3600 into my Honda Element that had a book value of about $3600. I looked at several factors such as: cost of a similar 4x4 vehicle, cost of sales tax (9.25% here), the fact that I have religiously maintained this one and who knows about the used one I would be buying... t...
by Nissanzx1
Sun Oct 14, 2018 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Buy car cash or take low rate loan
Replies: 33
Views: 2020

Re: Buy car cash or take low rate loan

Thanks all. No issues at all with liquidity. It’s a small hassle but $300 a year is still $300 extra. I live my life by nickel and diming everything so every $1 counts. Buying a brand new car for $38k and nickel and diming don't exactly seem to me to go hand in hand. This car will depreciate $8k in...
by Nissanzx1
Sun Oct 14, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Buy car cash or take low rate loan
Replies: 33
Views: 2020

Re: Buy car cash or take low rate loan

Do you have the 38K over and above your emergency fund? If yes, do what you like. I wouldn't personally want to fool with making monthly payments but maybe that doesn't bother you. Watch the fine print, maybe one late pay could raise the interest up...
by Nissanzx1
Sun Oct 14, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: Using credit card rental car insurance
Replies: 14
Views: 1319

Re: Using credit card rental car insurance

Read your card agreement very thoroughly. These situations do make me nervous. Enjoy the trip.
by Nissanzx1
Sun Oct 14, 2018 3:07 am
Forum: Personal Finance (Not Investing)
Topic: Neighbor discussing finances with me
Replies: 64
Views: 6215

Re: Neighbor discussing finances with me

My new neighbor told me he lost almost everything in Enron :oops: They both are older and even have trouble walking but still have to work M-F and he says they will work for a couple more years. They didn't paint their home this year because of the cost of a knee surgery. In your situation, I'd buy ...
by Nissanzx1
Sat Oct 13, 2018 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 110
Views: 13276

Re: Weigh in on our Marital Argument =)-- HCOL edition

It seems like you are trying to justify a bigger place. Fact is, you don't need a bigger place. I'd be staying right where you are. The parents visit, make due or get them a hotel. You husband is right, mortgage needs to go. Stick with him. You have a good one there.
by Nissanzx1
Sat Oct 13, 2018 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Should we rent a car or take our low mileage 2006 Volvo on a family trip?
Replies: 49
Views: 3313

Re: Should we rent a car or take our low mileage 2006 Volvo on a family trip?

If I were you, I will rent a car for peace of mind. I assume a rental car company has a lot of stake in making sure that their cars reliable. If a rental car breaks down on a trip, it will be their problem and I will have a replacement. It will be a big hassle if my car breaks downs hours away from...
by Nissanzx1
Sat Oct 13, 2018 8:01 am
Forum: Non-US Investing
Topic: What to do with inheritance
Replies: 6
Views: 995

Re: What to do with inheritance

Sell it, invest that for your retirement and buy a place in Italy later if you want one.
by Nissanzx1
Sat Oct 13, 2018 7:58 am
Forum: Personal Consumer Issues
Topic: Drop in MPG (09 Civic)
Replies: 24
Views: 1430

Re: Drop in MPG (09 Civic)

+1 On Techron fuel system treatment. Plugs are due if they haven't been done yet. Use OEM plugs. I'd clean the throttle body with throttle body cleaner. Air filter, fuel filter. Make sure the basics are covered. Inspect the exhaust system for any damage (restriction of flow). Run the car for any com...
by Nissanzx1
Sat Oct 13, 2018 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Home Purchase - Sellers Request Help with Repairs
Replies: 69
Views: 3373

Re: Home Purchase - Sellers Request Help with Repairs

Unless you are stealing the house, I would be walking. There's a house on almost every corner, plenty of fish in the sea.
by Nissanzx1
Sat Oct 13, 2018 12:36 am
Forum: Personal Investments
Topic: Buying opportunity? Invest my emergency fund??
Replies: 13
Views: 2744

Re: Buying opportunity? Invest my emergency fund??

Emergency fund must remain in a savings account sorry. I understand it's tempting but leave it alone.
by Nissanzx1
Fri Oct 12, 2018 6:05 pm
Forum: Personal Consumer Issues
Topic: Honda routine maintenance costs in Boston?
Replies: 12
Views: 969

Re: Honda routine maintenance costs in Boston?

It's common in most areas. Here's what you did wrong: ask for what you need. If you want the oil/filter changed, ask them to do that. This A/B service stuff is all nonsense. You can change your air filter and cabin filter with a 5 minute tutorial on YouTube. You car won't be worth $50 less when you ...
by Nissanzx1
Thu Oct 11, 2018 4:43 pm
Forum: Personal Consumer Issues
Topic: Budget Coffee
Replies: 51
Views: 3427

Re: Budget Coffee

I have a closeout store that I get a pound of whole bean for $5. I've been enjoying it...
by Nissanzx1
Thu Oct 11, 2018 4:42 pm
Forum: Personal Investments
Topic: What did you buy today
Replies: 119
Views: 9303

Re: What did you buy today

I stuck what little I had in VTI earlier today...
by Nissanzx1
Thu Oct 11, 2018 2:32 am
Forum: Investing - Theory, News & General
Topic: Is it smart to hold more cash right now?
Replies: 16
Views: 1828

Re: Is it smart to hold more cash right now?

Setting aside the fact that the market dropped quite a bit yesterday.... It's never a bad idea to have safe reserves, especially if you are heavy in equities. I make the distinction between an "emergency fund" and "investable" cash. The emergency fund Is a sacred cow. It's not really dry powder for...
by Nissanzx1
Thu Oct 11, 2018 2:23 am
Forum: Personal Consumer Issues
Topic: 1.5 liter wine
Replies: 52
Views: 11747

Re: 1.5 liter wine

I sell wine/spirits for a living. We have 1.5 for sale that are hundreds of dollars, but as a general rule they are "cheap jug" bottles. Jacobs Creek and/or CYT Frontera are cheap drinkable 1.5's, BUT your best bang per buck is Bota Box or Black Box. I can't keep Box wine at home because I'll keep d...
by Nissanzx1
Tue Oct 09, 2018 11:04 pm
Forum: Personal Consumer Issues
Topic: Neighbors tree branch growing too close to my house
Replies: 48
Views: 3962

Re: Neighbors tree branch growing too close to my house

Just talk it through with him. My former boss had an arguement with his neighbor about a privacy fence that resulted in many thousands of dollars in legal fees and 20+ years of misery. His neighbor moved about 6 years ago but won't sell the house. He wants it to decay in front of my former boss on p...
by Nissanzx1
Tue Oct 09, 2018 8:07 pm
Forum: Personal Consumer Issues
Topic: Car Gurus ... Air Filter Recommendations
Replies: 29
Views: 2672

Re: Car Gurus ... Air Filter Recommendations

I've been doing my own vehicle maintenance for about 20 years. My daily driver has 266K miles. I order my air and cabin filters on ebay. Cheapest USA seller is what I buy. Just did this in 2 of our cars last week it was about $20 for all 4 filters. Most of these parts are made in Asia and I don't se...
by Nissanzx1
Tue Oct 09, 2018 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to pay this car loan off?
Replies: 17
Views: 926

Re: Best way to pay this car loan off?

From what I'm seeing it doesn't look like you have ever payed a full payment? Check that you aren't showing late right now.

Generally you must at least pay one full payment every month.
by Nissanzx1
Tue Oct 09, 2018 7:09 am
Forum: Personal Consumer Issues
Topic: Refinace house but how?
Replies: 26
Views: 1729

Re: Refinace house but how?

You could do a total refinance since you have the spread on your side. Rate will be higher but that's a choice you make if you want the basement done now. I personally would not do a refinance until the credit card debt is gone and you have an emergency fund of $10-20K. From the numbers, I'm getting...