Search found 311 matches

by 7eight9
Fri Aug 16, 2019 1:42 pm
Forum: Personal Investments
Topic: Whats the Best 12-18 month CD
Replies: 12
Views: 1222

Re: Whats the Best 12-18 month CD

A cursory search shows that Sallie Mae Bank is currently offering 2.45% for 12, 15 and 18 month CDs. It is likely that there are higher rates but this is a pretty good idea of where the upper bound is currently sitting (credit unions as noted may have better rates). Link --- https://www.salliemae.co...
by 7eight9
Fri Aug 16, 2019 12:11 pm
Forum: Personal Investments
Topic: Should we buy bond mutual funds now?
Replies: 30
Views: 4611

Re: Should we buy bond mutual funds now?

Merrick Bank is offering 2.56% on an 18 month CD. Link --- https://merrickbank.com/Products/CDs There may be better rates out there. i just did a quick search. Or consider opening accounts that have bonuses. Marcus (Goldman Sachs) recently offered a 1% bonus on the first $50,000 deposited in their ...
by 7eight9
Fri Aug 16, 2019 12:09 pm
Forum: Personal Consumer Issues
Topic: Buying an older used car - any new/different ideas?
Replies: 64
Views: 3299

Re: Buying an older used car - any new/different ideas?

Ford Crown Victoria. Just for example the link below is for a 2003 with 41K miles being sold by a Ford dealership with an asking price of $4,400. Link --- https://www.dchfordofeatontown.com/used/Ford/2003-Ford-Crown+Victoria-c50363a00a0e0a6b5d43ea0f3ec3a7f3.htm?searchDepth=7:18 A Crown Victoria Poli...
by 7eight9
Fri Aug 16, 2019 12:17 am
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1126
Views: 283423

Re: Best watch for around $5,000?

jello_nailer wrote:
Thu Aug 15, 2019 9:33 pm
Ok, I'll bite. Who is petrocelli and what was his watch?
Petrocelli started the thread (as previously noted). His watch was a Rolex Datejust that he received for Christmas in 2014.
Petrocelli's watch --- viewtopic.php?f=11&t=27707&start=600#p2307166
by 7eight9
Thu Aug 15, 2019 8:03 pm
Forum: Personal Investments
Topic: Should we buy bond mutual funds now?
Replies: 30
Views: 4611

Re: Should we buy bond mutual funds now?

Merrick Bank is offering 2.56% on an 18 month CD. Link --- https://merrickbank.com/Products/CDs There may be better rates out there. i just did a quick search. Or consider opening accounts that have bonuses. Marcus (Goldman Sachs) recently offered a 1% bonus on the first $50,000 deposited in their m...
by 7eight9
Thu Aug 15, 2019 7:49 pm
Forum: Personal Consumer Issues
Topic: Do you "lock" computers in your home?
Replies: 77
Views: 5332

Re: Do you "lock" computers in your home?

Never. There are better things to steal in the house than a Chromebase. Or a Chromebook. Or a 10 year old Windows laptop. I trust most professional thieves as well as crack heads would quickly realize this. And if they do steal them what are they getting? The Chromebase is turned on and unlocked. Un...
by 7eight9
Thu Aug 15, 2019 6:56 pm
Forum: Personal Consumer Issues
Topic: Brown Bag Lunch Ideas
Replies: 70
Views: 4472

Re: Brown Bag Lunch Ideas

A waffled McDonald's hamburger. Seriously. Buy it the night before. Waffle it in the morning. Nuke it until warm at the office. Maybe go all out and get a McDonald's cheeseburger. Inexpensive. Delicious. You can do the same with ham and cheese on a soft roll. Or PB&J. Really good. Bring a baggie of ...
by 7eight9
Thu Aug 15, 2019 6:32 pm
Forum: Personal Investments
Topic: Co-op retirement condo
Replies: 8
Views: 769

Re: Co-op retirement condo

... Having served on a co-op board for several years, we only failed to approve one buyer, and that was because she couldn't fully document her claimed income. Otherwise it's not a much higher bar than securing a mortgage (aside from the down payment; we required 25%). ... It isn't always income or...
by 7eight9
Thu Aug 15, 2019 5:22 pm
Forum: Personal Investments
Topic: Co-op retirement condo
Replies: 8
Views: 769

Re: Co-op retirement condo

You do buy a particular unit. But a good point about trying to sell. Everything has to go through the co-op when selling. Very restrictive but the number of retirees is growing. When you said Everything has to go through the co-op when selling. I was taking it to mean that you thought the co-op ser...
by 7eight9
Thu Aug 15, 2019 3:18 pm
Forum: Personal Investments
Topic: Co-op retirement condo
Replies: 8
Views: 769

Re: Co-op retirement condo

I guess it would depend on the co-op but at least in the New York City area I see plenty that are for sale by owner (FSBO) - not even listed with a broker.
Example --- https://www.zillow.com/homedetails/227- ... 7388_zpid/
by 7eight9
Thu Aug 15, 2019 1:58 pm
Forum: Personal Investments
Topic: Laid off - 59yo - advice please
Replies: 44
Views: 6911

Re: Laid off - 59yo - advice please

I read an article this morning on Marketwatch titled She’s 63 and living by the beach in Mexico on $1,000 a month: ‘I can’t imagine living in the U.S. again’ . Link to article --- https://www.marketwatch.com/story/shes-63-and-living-by-the-beach-in-mexico-on-1000-a-month-i-cant-imagine-living-in-the...
by 7eight9
Thu Aug 15, 2019 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Net-worth rule of thumb for house purchase?
Replies: 123
Views: 5965

Re: Net-worth rule of thumb for house purchase?

Net worth has never come into any of my decision making when buying homes. I bought a home with a very negative net worth and it improved my lifestyle, happiness, and savings rate. Quite so - it might all work out, and probably does most of the time. But what might have happened if shortly after th...
by 7eight9
Wed Aug 14, 2019 3:30 pm
Forum: Personal Consumer Issues
Topic: Dishwasher Fiasco
Replies: 52
Views: 3119

Re: Dishwasher Fiasco

National Electric Code 210.8(D) Kitchen Dishwasher Branch Circuit -- GFCI protection shall be provided for outlets that supply dishwashers. Home Depot considers installing a GFCI outlet to be a job of intermediate difficulty. Home Depot instructions for replacing same --- https://www.homedepot.com/c...
by 7eight9
Mon Aug 12, 2019 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: Cashier's check with husband and wife's name
Replies: 12
Views: 1290

Re: Cashier's check with husband and wife's name

The Uniform Commercial Code addresses the OP's question: UCC 3-110(d): "If an instrument is payable to two or more persons alternatively, it is payable to any of them and may be negotiated, discharged, or enforced by any or all of them in possession of the instrument. If an instrument is payable to ...
by 7eight9
Mon Aug 12, 2019 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Ideas for Little Charges to keep Cards active
Replies: 87
Views: 4673

Re: Ideas for Little Charges to keep Cards active

Twice I year I take all the "sock drawer" credit cards out and use them to make a small addition to my Amazon Gift Card balance. Some random amount between $4 and $5 per card. I know that I'll be buying something from Amazon in the future so it is like putting money in the bank (without interest). T...
by 7eight9
Fri Aug 09, 2019 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Pretty much broke --- what would you advise?
Replies: 85
Views: 9313

Re: Pretty much broke --- what would you advise?

I would like to thank everyone for taking time to read and respond. I'll try to answer all questions and provide as much color as I can. Co-worker is 63 - husband 72 or 73. Husband start his Social Security ($1,100) at 62. His health isn't great. I don't believe he has worked in the past three years...
by 7eight9
Thu Aug 08, 2019 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Pretty much broke --- what would you advise?
Replies: 85
Views: 9313

Re: What would you advise?

So today I had coffee today with one of my former coworkers. We all lost our jobs app. 5 months ago. She is old enough to apply for Social Security. H er husband already collects (he is app. 10 years older). He doesn't work. She is currently collecting unemployment. Will last app. 4 more months. Jo...
by 7eight9
Thu Aug 08, 2019 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Pretty much broke --- what would you advise?
Replies: 85
Views: 9313

Pretty much broke --- what would you advise?

So today I had coffee today with one of my former coworkers. We all lost our jobs app. 5 months ago. She is old enough to apply for Social Security. Her husband already collects (he is app. 10 years older). He doesn't work. She is currently collecting unemployment. Will last app. 4 more months. Job ...
by 7eight9
Thu Aug 08, 2019 8:25 pm
Forum: Personal Investments
Topic: My NEW Portfolio + The State of the Market (DOWN)
Replies: 56
Views: 3243

Re: My NEW Portfolio + The State of the Market (DOWN)

If it makes you feel any better, I recently put a lump-sum $280k into VTI/VXUS (total US/int'l) a few weeks ago (proceeds from a company acquisition that I was very fortunate to receive). I am completely unconcerned by the recent "dip" since that money is for retirement which is ~20+ years away. Wh...
by 7eight9
Thu Aug 08, 2019 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, give me strength to resist a car purchase when I find myself way ahead of our financial goals
Replies: 61
Views: 4204

Re: Bogleheads, give me strength to resist a car purchase when I find myself way ahead of our financial goals

If you and your wife are car geeks (and have a use for an SUV) then buy the SUV. Personally I wouldn't. But then and again I bought a new Camry when I was 49. My wife said to buy whatever I wanted. So I bought a Camry LE. Pride of the rental car fleet. Cloth interior - 4 cylinder. I would have liked...
by 7eight9
Thu Aug 08, 2019 7:50 pm
Forum: Personal Consumer Issues
Topic: What to do with expired passports?
Replies: 22
Views: 2640

Re: What to do with expired passports?

Storage cost is most likely low. If it isn't older than 15 years you might want to keep it just in case you want to renew. Link to official website re passport renewals --- https://travel.state.gov/content/travel/en/passports/apply-renew-passport/renew-by-mail.html If your passport is older than 15 ...
by 7eight9
Thu Aug 08, 2019 6:20 pm
Forum: Personal Investments
Topic: My NEW Portfolio + The State of the Market (DOWN)
Replies: 56
Views: 3243

Re: My NEW Portfolio + The State of the Market (DOWN)

Because you are young, stop looking at the balance of your portfolio, and simply look at the number of shares you own, and watch that increase with each purchase. # of shares is more important to you at this age, and value of shares. Number of shares is totally irrelevant. One can be in denial abou...
by 7eight9
Thu Aug 08, 2019 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Have you started a blog?
Replies: 32
Views: 2650

Re: Have you started a blog?

I haven't. Not so sure that I have anything to say that other people would find interesting. That said, my wife follows a few bloggers religiously. Relatively specialized (ex: Japanese living in Bangkok). I don't know the bloggers. Can't read the blogs. But apparently one of the bloggers travels to ...
by 7eight9
Thu Aug 08, 2019 5:29 pm
Forum: Personal Consumer Issues
Topic: Comparative Calculator -Cost of Living, US Metro Areas
Replies: 3
Views: 366

Re: Comparative Calculator -Cost of Living, US Metro Areas

Not saying that is going to be any better than the previous recommendation --- https://www.nerdwallet.com/cost-of-living-calculator
by 7eight9
Thu Aug 08, 2019 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Negotiation Came to a Halt
Replies: 67
Views: 5099

Re: Real Estate Negotiation Came to a Halt

I sold a condo a couple of years ago. My realtor brought me what I considered an insulting offer (must bring all offers per statute). I told him (and signed paperwork relieving him of responsibility) not to bring be me offers below $xx. I knew my market and wasn't interested in being insulted. If I ...
by 7eight9
Thu Aug 08, 2019 5:09 pm
Forum: Investing - Theory, News & General
Topic: "Locking in Gains" and How to Do So
Replies: 17
Views: 2020

Re: "Locking in Gains" and How to Do So

In a casino you lock in your gains when you pick up your chips and walk away from the table. And don't return. Until then you bankroll is in action. You might have taken money from the house. But if you come back then you didn't lock in your gains. You just took a short-term loan from the casino. Yo...
by 7eight9
Thu Aug 08, 2019 3:13 pm
Forum: Personal Investments
Topic: My NEW Portfolio + The State of the Market (DOWN)
Replies: 56
Views: 3243

Re: My NEW Portfolio + The State of the Market (DOWN)

Welcome to the stock market. One of the larger casinos in the world. You put your money in action and lost. These things happen. And you didn't even get a complimentary cocktail. So what to do now? Cut your losses and lick your wounds? Double down (Martingale strategy)? It is a good question. You ha...
by 7eight9
Thu Aug 08, 2019 9:09 am
Forum: Investing - Theory, News & General
Topic: Why buy sovereign bonds with a negative yield?
Replies: 94
Views: 6578

Re: Why buy sovereign bonds with a negitave yeald?

PIMCO's Joachim Fels had an interesting blog post a couple of days ago titled Interest Rates: Naturally Negative? which speculated that there is a possibility of negative yields on U.S. Treasuries. Taken together, recent developments have increased the odds, in our view, that a “mid-cycle adjustment...
by 7eight9
Wed Aug 07, 2019 8:12 pm
Forum: Investing - Theory, News & General
Topic: Is Inflation killing my Money Market Account?
Replies: 30
Views: 3469

Re: Is Inflation killing my Money Market Account?

As others have noted you may want to consider moving your money market to get a better rate. Sometimes you can find bank bonuses which can enhance the interest rate. One good source of information is Doctor of Credit. Link to Doctor of Credit Best Bank Account Bonuses For August, 2019 --- https://ww...
by 7eight9
Tue Aug 06, 2019 9:48 pm
Forum: Personal Consumer Issues
Topic: Worth it to upgrade to Main Cabin Extra?
Replies: 76
Views: 3874

Re: Worth it to upgrade to Premium Economy?

For what it's worth, perhaps the best flight experience I've had was all the way in the back of the plane on a long international flight. ... Ever since that flight, I've booked the last row on every other flight I've been on , which is almost always last to be booked, and perhaps most likely to ha...
by 7eight9
Tue Aug 06, 2019 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: high-yield savings: stay or switch?
Replies: 49
Views: 4590

Re: high-yield savings: stay or switch?

Stay put, not worth chasing the yield. I’ve been trying to understand why I bother chasing yield on cash when it amounts to a relatively small amount of money, especially after tax. I think one reason is that it gives me something “active” to do that doesn’t involve messing with our actual portfoli...
by 7eight9
Tue Aug 06, 2019 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Simple Bank - Bonus for New Funds in Individual and Protected Goals Account
Replies: 43
Views: 974

Re: Simple Bank - Bonus for New Funds in Individual and Protected Goals Account

Easy $750 if both parties are US citizens. Green card holders can't open a protected goals account. :( We only were able to get $250. Still a very nice bonus but not as good as it could have been. Link to Doctor of Credit discussion of offer --- Simple Finance: Open Protected Goals Account & Earn $2...
by 7eight9
Tue Aug 06, 2019 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: high-yield savings: stay or switch?
Replies: 49
Views: 4590

Re: high-yield savings: stay or switch?

I've found that it's far more profitable to get bank bonuses than worry about small differences in interest rate. Simple has a $250 bonus for $10K on savings ("protected goal"), on top of ~2% interest. Easy $750 for two people (they can get the bonus for a shared "protected goal" as well). Marcus (...
by 7eight9
Tue Aug 06, 2019 5:30 pm
Forum: Investing - Theory, News & General
Topic: Is anyone running 50/50 stock bond who is younger?
Replies: 45
Views: 4370

Re: Is anyone running 50/50 stock bond who is younger?

I find it interesting that since the inception of the Total Bond Market fund in 1987, that a portfolio split between global stocks 50/50 us/intl and bonds only lagged an all equity portfolio by about .67% per year. Yes that is a lot over time, but it had double the volatility of a stock/bond portfo...
by 7eight9
Tue Aug 06, 2019 5:17 pm
Forum: Investing - Theory, News & General
Topic: Is anyone running 50/50 stock bond who is younger?
Replies: 45
Views: 4370

Re: Is anyone running 50/50 stock bond who is younger?

I find it interesting that since the inception of the Total Bond Market fund in 1987, that a portfolio split between global stocks 50/50 us/intl and bonds only lagged an all equity portfolio by about .67% per year. Yes that is a lot over time, but it had double the volatility of a stock/bond portfo...
by 7eight9
Tue Aug 06, 2019 4:53 pm
Forum: Investing - Theory, News & General
Topic: Is anyone running 50/50 stock bond who is younger?
Replies: 45
Views: 4370

Re: Is anyone running 50/50 stock bond who is younger?

We are at 20/80 and have never had a higher stock percentage. I would probably be happier with no stock at all. When the first time you invest in a 401k is 2006 and the first time you open a brokerage account is 2008 (because ING CD rates were below 3.0% at the time and you wanted to make more money...
by 7eight9
Tue Aug 06, 2019 4:33 pm
Forum: Investing - Theory, News & General
Topic: Any conservative young investors?
Replies: 71
Views: 7409

Re: Any conservative young investors?

All else equal (income, family, loans, age, etc.) I believe risk tolerance is to a large degree predicated on a person's belief that tomorrow is going to be better than today. Believe that - have a higher risk tolerance. Don't believe that - have a lower risk tolerance. It isn't a matter of age so m...
by 7eight9
Tue Aug 06, 2019 2:54 pm
Forum: Personal Consumer Issues
Topic: How many Years of Medical History/Records should a Patient Save?
Replies: 60
Views: 2834

Re: How many Years of Medical History/Records should a Patient Save?

I've never saved any medical records and don't see any good reason to start now.
by 7eight9
Mon Aug 05, 2019 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: high-yield savings: stay or switch?
Replies: 49
Views: 4590

Re: high-yield savings: stay or switch?

If someone else is paying more why wouldn't you move? Especially since you already have the accounts set up. I would have no concerns with moving money around to chase the highest rate. It may be too much bother for too little money but there are Netspend accounts that pay 5% on the first $1,000. DC...
by 7eight9
Mon Aug 05, 2019 5:26 pm
Forum: Personal Investments
Topic: My "Timing the Market" Experiment
Replies: 55
Views: 5342

Re: My "Timing the Market" Experiment

its gambling is what it is, no different from putting your money on red. if it comes up red youre a winner. but you had no way of knowing that it would come up red (or black or double zero). nothing wrong with gambling, especially if you win and it can be fun, even if you loose as long as you under...
by 7eight9
Mon Aug 05, 2019 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for making and reviewing a family budget
Replies: 25
Views: 1451

Re: Advice for making and reviewing a family budget

What’s a reasonable percentage of income or weekly amount of money to spend on groceries? We go out to eat less than one meal per week. We have kids and they have snacks in addition to meals and we often use fresh fruits/veggies as snacks for a healthy choice, but all that fresh food can get expens...
by 7eight9
Mon Aug 05, 2019 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Putting my wallet on a diet
Replies: 17
Views: 1807

Re: Putting my wallet on a diet

The cards I carry depend on quarterly bonuses. I never carry an ATM card unless on holiday overseas. Currently carrying: Driver's License American Express Citi Thank You Preferred Citi Double Cash Chase Freedom Exxon Mobil rewards Cards are in the middle with currency folded over them. All secured w...
by 7eight9
Sun Aug 04, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: "Duty Free" shops at Airports
Replies: 44
Views: 4013

Re: "Duty Free" shops at Airports

The best values are likely to be those which are heavily taxed - tobacco and liquor. For example, at Narita (Japan) you can buy two cartons of Marlboro Red Kings for 6,500 Yen (app. $61.00). That is a great deal. Even more so if you happen to live in a state/city with a high tax rate on cigarettes. ...
by 7eight9
Fri Aug 02, 2019 4:04 pm
Forum: Personal Consumer Issues
Topic: "Earth First" Brand Toilet Paper @ Costco
Replies: 24
Views: 1684

Re: "Earth First" Brand Toilet Paper @ Costco

I wonder if it would be more eco-friendly for one to install a bidet rather than concern oneself with brand of toilet paper. Or do both.
by 7eight9
Fri Aug 02, 2019 3:50 pm
Forum: Personal Consumer Issues
Topic: Help me choose my next Boglecar!
Replies: 52
Views: 3210

Re: Help me choose my next Boglecar!

You have had a Toyota (carrying a Pontiac badge) for the past 14 years. As you said, it has been a great car. Toyota is a known entity. Why even consider something else? When my 16 year old Toyota wouldn't pass the state inspection (check engine light that the dealer wanted just under $1K to fix) I ...
by 7eight9
Fri Aug 02, 2019 12:31 pm
Forum: Personal Consumer Issues
Topic: Insane to buy a sports car?
Replies: 215
Views: 10654

Re: Insane to buy a sports car?

It’s not allowable to post about a potential sports car purchase without posting which car it is you are looking at. This gives the other forum members the opportunity to either 1) live vicariously through you or 2) recommend a different car, typically the one they drive. :D Some Tesla fanboi will ...
by 7eight9
Fri Aug 02, 2019 10:21 am
Forum: Personal Consumer Issues
Topic: Extreme Anxiety with Time/Money
Replies: 95
Views: 8226

Re: Extreme Anxiety with Time/Money

A house should be a place of refuge. Not a source of anxiety. So I don't own a house. I have a condominium. My responsibility? Inside the four walls. I can deal with that. By doing nothing. I don't know the housing market where you live or if this is even a desirable alternative for you. But it migh...
by 7eight9
Thu Aug 01, 2019 7:12 pm
Forum: Personal Consumer Issues
Topic: Are all models of Toyota generally considered reliable?
Replies: 52
Views: 4942

Re: Are all models of Toyota generally considered reliable?

Toyota is good enough for the Imperial Household. It is likely good enough for you too. :happy

Link to article titled Japan’s new era: Emperor Naruhito, and his Toyota Century --- https://www.theglobeandmail.com/drive/r ... a-century/
by 7eight9
Wed Jul 31, 2019 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: How do you decide what car to buy for your kid
Replies: 91
Views: 3938

Re: How do you decide what car to buy for your kid

No firsthand experience in this matter. Teenagers are not necessarily the best drivers. Accidents happen. Data on teen drivers --- https://www.geico.com/information/safety/auto/teendriving/statistics/ Maybe something like a Ford Crown Victoria. It is a good size car and has a long established track ...
by 7eight9
Tue Jul 30, 2019 8:25 pm
Forum: Personal Consumer Issues
Topic: Please help with vacation locations
Replies: 45
Views: 2148

Re: Please help with vacation locations

Las Vegas. Save yourself the plane tickets to Paris, Rome, Egypt, various tropical islands, etc. Just come out to the Gaming Capital of the World. We have all the fine dining and celebrity chefs you can handle, great shows, top night clubs and all the slot and table action you could desire. After al...