Search found 5091 matches

by Jags4186
Wed Aug 19, 2020 7:52 am
Forum: Personal Consumer Issues
Topic: Car alarm, help me not to throw away money
Replies: 29
Views: 1614

Re: Car alarm, help me not to throw away money

I wouldn’t spend $500 to secure my $1500 car that was already once stolen. I mean, what are the chances a piece of junk is stolen twice? Yep. And here I am to brainstorm, look for the alternatives and experiences of others. Thank you for your feedback. You’re very welcome. Sometimes you just need s...
by Jags4186
Tue Aug 18, 2020 6:40 pm
Forum: Investing - Theory, News & General
Topic: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time
Replies: 93
Views: 12244

Re: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time

Just for arguments sake, what purpose do near zero percent bonds play in a 60/40 portfolio? How does one get 7%-8% return if 40% is zero? A ~12% return on the equity side plus a ~0% on the bond side would get you 7%-8%. Of course, returns will only be zero if interest rates are zero and simply stay...
by Jags4186
Tue Aug 18, 2020 5:15 pm
Forum: Personal Investments
Topic: How much did you save?
Replies: 102
Views: 13926

Re: How much did you save?

A parenthetical: how are you calculating the percentage of your salary saved each year? For example, if one makes $100,000 a year, one might save 19.5% (or $19,500) of one's gross income in a 401(k). If one's aim is a savings rate of 50%, is the other 30.5% calculated based on your gross income (ie...
by Jags4186
Tue Aug 18, 2020 4:14 pm
Forum: Investing - Theory, News & General
Topic: Advice to a Millennial about nest egg "Critical Mass"
Replies: 150
Views: 17328

Re: Advice to a Millennial about nest egg "Critical Mass"

Not sure the "magic" will continue to work for young people today... Bingo. Another out-of-touch boomer who doesn’t appreciate the luck that accompanied their efforts. Certainly, it is easy to have a lot of money if you are a disciplined saver who walked into a 40 year period where the SP500 return...
by Jags4186
Tue Aug 18, 2020 3:55 pm
Forum: Personal Consumer Issues
Topic: Car alarm, help me not to throw away money
Replies: 29
Views: 1614

Re: Car alarm, help me not to throw away money

I wouldn’t spend $500 to secure my $1500 car that was already once stolen. I mean, what are the chances a piece of junk is stolen twice?
by Jags4186
Tue Aug 18, 2020 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Did any inheritance make positive effect on your life?
Replies: 229
Views: 19247

Re: Did any inheritance make positive effect on your life?

While I do not wish to be the receiver of an inheritance for the obvious reasons, the likelihood is that I will inherit from my parents a mid 6 figure sum, my wife will inherit from her parents a mid 6 figure sum, and I have an aunt and uncle with no kids that I could, potentially, inherit a mid 6 f...
by Jags4186
Mon Aug 17, 2020 2:16 pm
Forum: Investing - Theory, News & General
Topic: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time
Replies: 93
Views: 12244

Re: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time

Just for arguments sake, what purpose do near zero percent bonds play in a 60/40 portfolio? How does one get 7%-8% return if 40% is zero? A ~12% return on the equity side plus a ~0% on the bond side would get you 7%-8%. Of course, returns will only be zero if interest rates are zero and simply stay...
by Jags4186
Mon Aug 17, 2020 9:53 am
Forum: Personal Consumer Issues
Topic: Of what use is an obsolete iPad?
Replies: 42
Views: 3303

Re: Of what use is an obsolete iPad?

Sell it on eBay. You’ll get $75 or so after selling fees and shipping if they are going for $100. There is no utility IMO. An obsolete iPad/iPhone becomes a single use device (music player, remote control, etc) and single use devices are worthless to me. Why would I have a special Pandora iDevice wh...
by Jags4186
Mon Aug 17, 2020 9:41 am
Forum: Personal Investments
Topic: Any downsides of not having a taxable account and spending the extra money instead?
Replies: 25
Views: 3400

Re: Any downsides of not having a taxable account and spending the extra money instead?

You have a ton of money for your age and income. You likely do not need to save anymore if you intend to work through your children getting out of college. That’s 17 years away when the older spouse turns 64. Depending on where your kids go to college and your willingness to pay, you may find yourse...
by Jags4186
Sun Aug 16, 2020 8:31 pm
Forum: Investing - Theory, News & General
Topic: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time
Replies: 93
Views: 12244

Re: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time

Just for arguments sake, what purpose do near zero percent bonds play in a 60/40 portfolio? How does one get 7%-8% return if 40% is zero? A ~12% return on the equity side plus a ~0% on the bond side would get you 7%-8%. Of course, returns will only be zero if interest rates are zero and simply stay...
by Jags4186
Sun Aug 16, 2020 7:34 pm
Forum: Personal Consumer Issues
Topic: Where to find a quality, lower cost muscle car
Replies: 92
Views: 5779

Re: Where to find a quality, lower cost muscle car

Are you planning to track the car? If not, your power needs may be satisfied by a used Tesla. You'd have to research price/maintenance costs, but my guess is the overall costs will be much better with the Tesla. https://www.youtube.com/watch?v=NfZQrKaK-Z8 I can think of nothing less interesting to ...
by Jags4186
Sun Aug 16, 2020 4:31 pm
Forum: Personal Consumer Issues
Topic: Matcha green tea
Replies: 14
Views: 1204

Re: Matcha green tea

My wife drinks this and is happy with it. https://www.amazon.com/MatchaBar-Premium-Ceremonial-Matcha-Powder/dp/B019J9USPO/ref=sxts_sxwds-bia-wc-p13n1_0?crid=120XW3WM2VJ2W&cv_ct_cx=matcha+green+tea+powder&dchild=1&keywords=matcha+green+tea+powder&pd_rd_i=B019J9USPO&pd_rd_r=3bca006e-9e19-4447-b260-d5d...
by Jags4186
Sun Aug 16, 2020 1:55 am
Forum: Personal Finance (Not Investing)
Topic: Employee Over Paid by Six Digits
Replies: 36
Views: 4095

Re: Employee Over Paid by Six Digits

You’ll need to find out the law of your state or city. For example, in NYC you have to notify an employee of an overpayment of wages within 8 weeks of the overpayment or else you can’t collect. My guess is you have no legal recourse for the overwhelming majority of the overpaid wages and retaliating...
by Jags4186
Sat Aug 15, 2020 11:10 am
Forum: Personal Consumer Issues
Topic: Where to find a quality, lower cost muscle car
Replies: 92
Views: 5779

Re: Where to find a quality, lower cost muscle car

Are you planning to track the car? If not, your power needs may be satisfied by a used Tesla. You'd have to research price/maintenance costs, but my guess is the overall costs will be much better with the Tesla. https://www.youtube.com/watch?v=NfZQrKaK-Z8 I can think of nothing less interesting to ...
by Jags4186
Sat Aug 15, 2020 10:31 am
Forum: Personal Consumer Issues
Topic: Where to find a quality, lower cost muscle car
Replies: 92
Views: 5779

Re: Where to find a quality, lower cost muscle car

Are you planning to track the car? If not, your power needs may be satisfied by a used Tesla. You'd have to research price/maintenance costs, but my guess is the overall costs will be much better with the Tesla. https://www.youtube.com/watch?v=NfZQrKaK-Z8 I can think of nothing less interesting to ...
by Jags4186
Sat Aug 15, 2020 12:42 am
Forum: Personal Consumer Issues
Topic: Where to find a quality, lower cost muscle car
Replies: 92
Views: 5779

Re: Where to find a quality, lower cost muscle car

Are you planning to track the car? If not, your power needs may be satisfied by a used Tesla. You'd have to research price/maintenance costs, but my guess is the overall costs will be much better with the Tesla. https://www.youtube.com/watch?v=NfZQrKaK-Z8 I can think of nothing less interesting to ...
by Jags4186
Fri Aug 14, 2020 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7580
Views: 520627

Re: LenderFi communications on rates, etc.

I filed a refi application toLenderFi and have responded to the assigned loan manager in an email and IM that I'd sure like to discuss what interest rates they would offer us. The discussion would be nonbinding, of course. LenderFi now sent the whole kit and kaboodle for us to electronically sign a...
by Jags4186
Thu Aug 13, 2020 11:33 am
Forum: Personal Consumer Issues
Topic: Looking for cell phone that is great at being a phone
Replies: 15
Views: 987

Re: Looking for cell phone that is great at being a phone

If you want a phone that works everywhere you need a satellite phone. Otherwise all these manufacturers pretty much nailed the phone service part 15-20 years ago (save some oddball, poor designs like the iPhone 4). External antennas are a thing of the past and I don’t know of any phone that has an e...
by Jags4186
Thu Aug 13, 2020 10:48 am
Forum: Investing - Theory, News & General
Topic: SLYV - Wilshire Small Value? SP600 Small Value?
Replies: 4
Views: 243

Re: SLYV - Wilshire Small Value? SP600 Small Value?

It doesn’t. It is an SP600 Small Value fund. The prospectus doesn’t mention Wilshire at all.

It’s possible in the past it tracked the Wilshire index before switching to the S&P index which confuses 3rd party sites, but today it tracks the SP600 Value index.
by Jags4186
Thu Aug 13, 2020 9:05 am
Forum: Personal Consumer Issues
Topic: Apple users - iMac and iPad vs MacbookPro?
Replies: 56
Views: 3172

Re: Apple users - iMac and iPad vs MacbookPro?

If you want to continue using your current laptop: Docking station https://www.amazon.com/dp/B07VL5XLBS?tag=p00935-20&ascsubtag=03PUCOn3CDC3wX6AFyElHsa External monitor with webcam: https://www.amazon.com/LCD-DISPLAY-1080-250-M2-1000-0-2745/dp/B0763RFQF1/ref=as_li_ss_tl?ie=UTF8&linkCode=sl1&tag=roll...
by Jags4186
Wed Aug 12, 2020 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Unemployment Insurance Enhanced Benefit EO
Replies: 4
Views: 416

Unemployment Insurance Enhanced Benefit EO

Does anyone know if the $300/wk enhance UE benefit Trump signed earlier this week will be retroactive to the end of the $600/wk benefit or will it just start when it starts?
by Jags4186
Wed Aug 12, 2020 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Covid Salary Reduction, Debt vs. Investing v. Saving
Replies: 32
Views: 3096

Re: Covid Salary Reduction, Debt vs. Investing v. Saving

Early this year, my salary increased to $130K. By March, it was reduced 20% to $104k. My job is stable and I can anticipate decent salary increases from now until retirement. We don't know when salaries will return, though hopefully sometime in 2021. My assets/debts are as follows: These statements...
by Jags4186
Tue Aug 11, 2020 5:01 pm
Forum: Personal Investments
Topic: Assets going from 600K->15M, should I change my asset allocation?
Replies: 175
Views: 17715

Re: Assets going from 600K->15M, should I change my asset allocation?

With $15M you can afford better advice than Bogleheads i literally just spit coffee out all over. With $15mm the OP needs investment advice with an eye towards tax minimization/avoidance. These are issues that come with having $15mm. That is beyond the scope of typical advice given on Bogleheads.
by Jags4186
Mon Aug 10, 2020 11:34 am
Forum: Personal Investments
Topic: Are we going to be able to make it? (Networth question)
Replies: 18
Views: 3245

Re: Are we going to be able to make it? (Networth question)

It’ll all depend on your savings and returns. Assuming the $100k college savings is spent, the EF stays in cash, and no home purchase you have $640,000 and 20 years: 8% return: save $1802/mo 7% return: save $3096/mo 6% return: save $4411/mo 5% return: save $5801/mo 4% return: save $7269/mo 3% return...
by Jags4186
Sun Aug 09, 2020 3:00 pm
Forum: Personal Consumer Issues
Topic: Used Gaming Desktop buying advice
Replies: 19
Views: 1157

Re: Used Gaming Desktop buying advice

For $1000 you can build a new PC especially since you already have a quality monitor. Don’t game in 4K and you don’t need the very best equipment. 1440p is good enough.
by Jags4186
Sat Aug 08, 2020 9:13 pm
Forum: Investing - Theory, News & General
Topic: Think no one can beat the index?
Replies: 158
Views: 15415

Re: Think no one can beat the index?

Having gone from 200K to ~860K over 10 months, with never having drawdowns anywhere close to what a 60/40 or 100% sp500 fund did in the March crash....and trading during the most difficult periods an investor could ever encounter...and having more percentage of successful trades than losing ones (I...
by Jags4186
Sat Aug 08, 2020 7:26 pm
Forum: Investing - Theory, News & General
Topic: Think no one can beat the index?
Replies: 158
Views: 15415

Re: Think no one can beat the index?

Having gone from 200K to ~860K over 10 months, with never having drawdowns anywhere close to what a 60/40 or 100% sp500 fund did in the March crash....and trading during the most difficult periods an investor could ever encounter...and having more percentage of successful trades than losing ones (I...
by Jags4186
Sat Aug 08, 2020 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Got myself in a jam at credit card
Replies: 18
Views: 2055

Re: Got myself in a jam at credit card

Dispute the second charge. Cease contact with the vendor. I would be flabbergasted if charging you a second time for something in dispute is not against the CC processors T&C with the vendor.
by Jags4186
Sat Aug 08, 2020 11:02 am
Forum: Investing - Theory, News & General
Topic: Think no one can beat the index?
Replies: 158
Views: 15415

Re: Think no one can beat the index?

... I am meeting with the guy who gave me this in a couple days. Nice guy, family friend, and there is zero chance I am buying but rather than just telling him no I would like some points to make about it. You'll be making a mistake. Nice guy, family friend, or whatever else he's still a salesman. ...
by Jags4186
Sat Aug 08, 2020 6:20 am
Forum: Personal Finance (Not Investing)
Topic: Starting divorce process - how to succeed financially?
Replies: 79
Views: 10392

Re: Starting divorce process - how to succeed financially?

While you will most likely receive alimony you will also be expected to work full time. Keep that in mind if you intend to become a full time student.
by Jags4186
Thu Aug 06, 2020 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7580
Views: 520627

Re: 2.375 VS 2.5, lenderfi vs better.com

Avid reader, but asking my first question Thank you for all the experts in the house. [/color] I have 2.375% from Lenderfi for 20 years on 500k in Maryland no closing costs, no excrow, zero out of pocket cost Better.com will not match, but will increase lender credits to $-4999 at 2.5%, and then th...
by Jags4186
Wed Aug 05, 2020 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Accounting for CC cash back in personal budget
Replies: 41
Views: 2261

Re: Accounting for CC cash back in personal budget

I consider all account bonuses and rewards that come to me as cash as a special income category called "bonus". This is a non trivial piece of our income -- $8k - $10k/yr. Nearly every month of the year I have at least a few $100 coming to me this way. If I use points to pay for a flight or hotel, I...
by Jags4186
Tue Aug 04, 2020 10:05 pm
Forum: Personal Consumer Issues
Topic: Average gas mileage- how accurate?
Replies: 35
Views: 1771

Re: Average gas mileage- how accurate?

My 2016 Honda Civic’s is pretty accurate. When I fill up I make a note of how many miles since last full up and divide by how much gas I put in. Usually I am within 2 or 3 MPG which is pretty good when you’re talking a 35-40mpg average. It’s tough because sometimes the attendant takes the pump out w...
by Jags4186
Tue Aug 04, 2020 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7580
Views: 520627

Re: Refinance Mega Thread

Does anyone know if Better has a 6 month clawback rule? I just closed July 16 on a 2.875% loan with them and am just waiting for my $2500 AMEX Promo to post. Looks like as soon as that happens I’ll be looking to refi again down to the 2.5% level.
by Jags4186
Tue Aug 04, 2020 2:34 pm
Forum: Personal Investments
Topic: Can a small company offer decent 401k options?
Replies: 26
Views: 1327

Re: Can a small company offer decent 401k options?

My wife worked for a small company (less than 75 employees) and they had access to all Vanguard Admiral shares. She also got hit for a quarterly "account management fee" which was about $100. On a $50k balance that works out to an additional 0.80% expense ratio on everything you own. I don't disagr...
by Jags4186
Tue Aug 04, 2020 9:51 am
Forum: Personal Investments
Topic: Can a small company offer decent 401k options?
Replies: 26
Views: 1327

Re: Can a small company offer decent 401k options?

I work for a company with annual sales of around $50 million. They offer a 401k with 3% matching but the fund options are not desirable at all. Only one index fund (S&P 500) with an 0.52 ER (lowest ER of all funds). One bond fund with 0.93 ER and front and back end load. Rest are near or over 1% ER...
by Jags4186
Mon Aug 03, 2020 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Ally 1% bonus, up to $250, sign up by 3/23
Replies: 252
Views: 23606

Re: Ally 1% bonus, up to $250, sign up by 3/23

Alas, it is not a 1% return, it is a 4% return plus the rate of return you're getting on your CD or savings account. I have broke some of my Ally CDs and am moving onto the next offers . Would you mind sharing the other attractive offers you are seeing. We are doing 2x of the following: Santander $...
by Jags4186
Mon Aug 03, 2020 10:53 am
Forum: Personal Consumer Issues
Topic: A Simple Baseball Question, Maybe
Replies: 31
Views: 2607

Re: A Simple Baseball Question, Maybe

Echoing some of the above: Most pitchers only throw 3 or 4 pitches limiting what the announcers will say. The 3 most commonly called pitches are “fastball”, “breaking ball”, “change up”or “off speed” pitch. Those descriptions capture all pitches. Pay attention and you realize how often they use more...
by Jags4186
Mon Aug 03, 2020 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone know a lender that offers a 7 year fixed mortgage?
Replies: 10
Views: 697

Re: Does anyone know a lender that offers a 7 year fixed mortgage?

Okay I realize what you are saying now. So that brings me to my next question. Am I likely to find anything out there that would be a no closing cost at around 2.75%? If closing costs are a few thousand I don’t think refinancing even makes sense for me. There is a 1000 post+ “Refinance Mega Thread”...
by Jags4186
Mon Aug 03, 2020 6:29 am
Forum: Personal Finance (Not Investing)
Topic: Leasing for someone who never leased a car
Replies: 33
Views: 2745

Re: Leasing for someone who never leased a car

I am CONSIDERING the merits of leasing vs buying for my next car. Some background, I have paid cash for cars for many years (financed by paid off early, when I was younger). I have held my cars longer and longer over time too. My financial thinking has not changed, this has more to do with the stat...
by Jags4186
Sun Aug 02, 2020 8:19 am
Forum: Personal Consumer Issues
Topic: Speed bump in front of your house — affect on home value
Replies: 54
Views: 4077

Re: Speed bump in front of your house — affect on home value

Some of the most desirable neighborhoods I know of have plenty. It certainly doesn’t seem to have adversely affected their home prices. But, I think we should learn from the Dutch who have a better solution: continuous sidewalks, which slow drivers down where it matters and look better too. https:/...
by Jags4186
Sun Aug 02, 2020 8:17 am
Forum: Personal Consumer Issues
Topic: Speed bump in front of your house — affect on home value
Replies: 54
Views: 4077

Re: Speed bump in front of your house — affect on home value

So I went to the meeting and here are some of the updates: 1) won’t happen until 2021 due to budget issues 2) original plan was for 5 speed bumps approximately 400 feet apart. These are asphalt humps. 3) 90% of the street residents want them 4) myself and a few neighbors right around me didn’t want ...
by Jags4186
Thu Jul 30, 2020 5:04 pm
Forum: Personal Consumer Issues
Topic: Speed bump in front of your house — affect on home value
Replies: 54
Views: 4077

Re: Speed bump in front of your house — affect on home value

People will drive through your yard to avoid the speed bump. I have seen this first hand in a neighborhood very near me where they installed speed bumps (you could see the tire tracks). If there are no obvious obstacles such as landscaping or signs, people in this neighborhood then put up additiona...
by Jags4186
Thu Jul 30, 2020 4:48 pm
Forum: Personal Consumer Issues
Topic: Speed bump in front of your house — affect on home value
Replies: 54
Views: 4077

Re: Speed bump in front of your house — affect on home value

I received in the mail a notice saying that based on a traffic study, to help reduce speeding my street would have 4 speed bumps installed roughly 375 feet apart. One of these speed bumps will be directly in front of my house. Our house is on a nice wide street, no yellow lines, but is used as a cu...
by Jags4186
Thu Jul 30, 2020 4:32 pm
Forum: Personal Consumer Issues
Topic: Speed bump in front of your house — affect on home value
Replies: 54
Views: 4077

Speed bump in front of your house — affect on home value

I received in the mail a notice saying that based on a traffic study, to help reduce speeding my street would have 4 speed bumps installed roughly 375 feet apart. One of these speed bumps will be directly in front of my house. Our house is on a nice wide street, no yellow lines, but is used as a cut...
by Jags4186
Thu Jul 30, 2020 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Ally 1% bonus, up to $250, sign up by 3/23
Replies: 252
Views: 23606

Re: Ally 1% bonus, up to $250, sign up by 3/23

$250 posted today...amazing that we are excited about a 1% return. I remember as a kid in the late 70s putting my grass-cutting money into a money market making 14%...great when you're 12 years old with no mortgage! Alas, it is not a 1% return, it is a 4% return plus the rate of return you're getti...
by Jags4186
Thu Jul 30, 2020 11:10 am
Forum: Personal Finance (Not Investing)
Topic: discover checking/savings
Replies: 14
Views: 1104

Re: discover checking/savings

iamblessed wrote: Thu Jul 30, 2020 10:16 am
Jags4186 wrote: Thu Jul 30, 2020 6:58 am
iamblessed wrote: Thu Jul 30, 2020 6:42 am Costco will only takes visa.
Costco (in store) only takes Visa credit cards, but accepts all debit cards.
I did not know that so they will take a mastercard debit at Costco. Do you need to use a pin?
Yes
by Jags4186
Thu Jul 30, 2020 8:43 am
Forum: Personal Finance (Not Investing)
Topic: CRAZY HOT housing market. Bidders and multiple offers
Replies: 18
Views: 2489

Re: CRAZY HOT housing market. Bidders and multiple offers

There's an argument to made that many firms took PPP up front as a just in case, just like how many people took advantage of payment deferrals on their debt....and made their payments anyway because they were still able to. Most people haven't renewed their deferrals after the initial grant by lend...
by Jags4186
Thu Jul 30, 2020 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Setting up a Universal Basic Income(UBI)
Replies: 42
Views: 3516

Re: Setting up a Universal Basic Income(UBI)

You could take a lump sum of money and purchase a deferred annuity for the child. That may or may not be a wise decision.
by Jags4186
Thu Jul 30, 2020 6:58 am
Forum: Personal Finance (Not Investing)
Topic: discover checking/savings
Replies: 14
Views: 1104

Re: discover checking/savings

iamblessed wrote: Thu Jul 30, 2020 6:42 am Costco will only takes visa.
Costco (in store) only takes Visa credit cards, but accepts all debit cards.