Search found 4183 matches

by inbox788
Sat Sep 09, 2017 5:27 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett's Long Bet
Replies: 60
Views: 11810

Re:

My understanding was that a T-bill was purchased for 600k-plus, meaning the investment would be worth a million in 10 years. Anyways, both sides have already ponied up. The winner keeps the other's million. http://fortune.com/2016/02/16/warren-buffett-loses-ground-in-million-dollar-bet/ At that poi...
by inbox788
Sat Sep 09, 2017 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Help me evaluate my Whole Life Policy....
Replies: 8
Views: 1300

Re: Help me evaluate my Whole Life Policy....

Net Gain Amount $3040 Net Cash Amount Available $9531 Cash Value $32484 Death Benefit Amount $32484 paid up additional ins. $2975 Yes, an inforce illustrations would be needed to figure this thing out. What company and policy type is this? The $9531 amount seems high. Are dividends same as net gain...
by inbox788
Sat Sep 09, 2017 4:29 pm
Forum: Personal Consumer Issues
Topic: Luxury car: perception vs reality
Replies: 118
Views: 7151

Re: Luxury car: perception vs reality

Warren Buffett drove a clunker for years and everyone kept commenting on what a frugal penny pincher he was. I think he finally got a Cadillac probably just to shut them up :D Buffett buying a Cadillac is penny pinching! http://money.cnn.com/2014/07/15/autos/warren-buffett-cadillac-xts/index.html J...
by inbox788
Fri Sep 08, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Should I do 20 or 25 Year Term Life Insurance?
Replies: 49
Views: 3937

Re: Should I do 20 or 25 Year Term Life Insurance?

20 years is good enough. Covers most of your needs and adding 50% more to the cost to meet an additional single digit improvement isn't worth it. How did you decide 1M was the correct amount? Why not 500k or 750k? Or 1.5M? Insurance agents will try to sell you more insurance as you net worth grows, ...
by inbox788
Fri Sep 08, 2017 12:30 am
Forum: Investing - Theory, News & General
Topic: Actually feeling pretty good about my active decisions
Replies: 20
Views: 2758

Re: Actually feeling pretty good about my active decisions

-I held about 15% of my portfolio in VDC through the 2015-2016 correction, where it returned about 18%, then sold it mid July 2016 when everyone was flocking to dividends. It's been basically flat since. It's also worth noting that I was a few basis points away from exchanging it for even more VWO ...
by inbox788
Fri Sep 08, 2017 12:15 am
Forum: Investing - Theory, News & General
Topic: the hurricane damages [Berkshire Hathaway's cash on-hand]
Replies: 25
Views: 3235

Re: the hurricane damages

Go read the last annual letter. The aren't writing hardly any cat insurance because premiums were too low. Houston residents lost almost 1 million cars. GEICO has a ~18% marketshare nationally. Assuming Houston, that's 180k total loss cars. Assuming 1/2 were fully covered and an average value of 15...
by inbox788
Thu Sep 07, 2017 11:47 pm
Forum: Personal Consumer Issues
Topic: Wanting a Portable Auto GPS
Replies: 65
Views: 3974

Re: Wanting a Portable Auto GPS

Just out of curiosity, how often do you change your route based on traffic info? I've done it a couple times and my non-scientific conclusion is that it didn't likely improve outcomes (of course, you never know). On top of that, most of the traffic issues where I am are at bridges - there aren't an...
by inbox788
Thu Sep 07, 2017 4:32 pm
Forum: Personal Consumer Issues
Topic: Wanting a Portable Auto GPS
Replies: 65
Views: 3974

Re: Wanting a Portable Auto GPS

I bought the Garmin with the largest screen. It sits up on the dash/sucker to glass, and reads out speed limit, current speed, etc, and also voice directions. The unit lives in my vehicle and goes with me if I travel and have to rent a car. For me, it works better than my iPhone because the screen ...
by inbox788
Thu Sep 07, 2017 2:07 pm
Forum: Investing - Theory, News & General
Topic: What does "beat the market" mean?
Replies: 40
Views: 1932

Re: What does "beat the market" mean?

I think both are true. I would suggest that the issue is one's definition of "the market." Many advisors I talked with and read about, seem to think that beating the S&P 500 (often without dividends accounted for) is the standard to aim for. I say beating the market has to an apples to apples compa...
by inbox788
Thu Sep 07, 2017 1:14 pm
Forum: Personal Consumer Issues
Topic: Wanting a Portable Auto GPS
Replies: 65
Views: 3974

Re: Wanting a Portable Auto GPS

I sometimes wonder why so many people seem so resistant to accepting that somebody might prefer a less favored option over a more favored one, like a dedicated navigation system over a smartphone. The use case for the POTS line is becoming marginalized the same way standalone GPS systems and paper ...
by inbox788
Thu Sep 07, 2017 4:13 am
Forum: Personal Consumer Issues
Topic: Wanting a Portable Auto GPS
Replies: 65
Views: 3974

Re: Wanting a Portable Auto GPS

GPS doesn't use that much data. The GPS receiver itself doesn't use any data. It's the GPS app that may require data. YMMV, but my experience has been less data usage than this estimate: It's estimated that you'll use about 6MB in data for 10 minutes of Google Maps usage. https://www.whistleout.com...
by inbox788
Tue Sep 05, 2017 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: 87-year old dad is interested in reverse mortgage
Replies: 13
Views: 2140

Re: 87-year old dad is interested in reverse mortgage

I've seen the TV ads with popular celebrities promoting these reverse mortgages. IMO, they've sold out and are promoting a bad product that shouldn't exist. The biggest lie is that you get to keep your home. I'd like to see statistics as to what percentage are actually kept vs. sold off to pay off t...
by inbox788
Mon Sep 04, 2017 6:33 pm
Forum: Personal Consumer Issues
Topic: Wanting a Portable Auto GPS
Replies: 65
Views: 3974

Re: Wanting a Portable Auto GPS

I just use my phone too. OP, what phone do you have? Data plan? GPS doesn't use that much data.
by inbox788
Mon Sep 04, 2017 12:15 pm
Forum: Personal Consumer Issues
Topic: repairman broke washing machine, what would you do?
Replies: 42
Views: 4317

Re: repairman broke washing machine, what would you do?

snip it: I don't think it's necessary to change a hose every few years, particularly if you're only running cold water through it. I consider this penny wise, pound foolish advice... Two of my neighbors, have had a washing machine source hose fail while they were away on a weeks vacation. The resul...
by inbox788
Sun Sep 03, 2017 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really need a trust?
Replies: 55
Views: 6254

Re: Do I really need a trust?

I am a California lawyer, and even though it kills me that I can't get someone to do it for me for free, I just pay for my will and trust. Seen too many car crashes with diy in this area. Were these crashes simple or complicated cases? What went wrong? I realize there is no one size fits all soluti...
by inbox788
Sun Sep 03, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Christine Benz: "75 Must-Know Statistics About Long-Term Care"
Replies: 24
Views: 3962

Re: Christine Benz: "75 Must-Know Statistics About Long-Term Care"

I wouldn't put too much faith in these statistic. It's important to consider the trends, but market forces, like gravity, eventually pull in reality. The very existence of LTCI creates a demand pull inflation. https://en.wikipedia.org/wiki/Demand-pull_inflation We see this in the inflation graph whe...
by inbox788
Sun Sep 03, 2017 1:26 pm
Forum: Personal Consumer Issues
Topic: repairman broke washing machine, what would you do?
Replies: 42
Views: 4317

Re: repairman broke washing machine, what would you do?

Water squirts out of the back and that wasn't a problem or the problem area! Did you check the hose connections? Where is the water coming out? +1 ...It may just be a hose not fastened/tightened properly. Did you check the hoses and connections yourself?... +1 The hose connections (at faucet or at ...
by inbox788
Sun Sep 03, 2017 1:07 am
Forum: Personal Consumer Issues
Topic: Would you rather (car wash/detail)
Replies: 31
Views: 3113

Re: Would you rather (car wash/detail)

Wash your own car? :shock: You can use soap and water if that's accessible and allowed or search out or ask about waterless products. Washing isn't the only issue. Depending on what soaps you use (i.e. avoid dishwashing soap and car wash soaps that strip off wax), it might matter more how often you ...
by inbox788
Sat Sep 02, 2017 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Life Insurance
Replies: 26
Views: 4284

Re: Buying Life Insurance

Agent also wants doctor to provide written record that there is no cardiac history with my parents. I am gonna try, but not sure whether the docstor is comfortable. Wow, and what's the doctor going to do? Become a detective or do a complete genology? Aside from knowing the parents or having them as...
by inbox788
Fri Sep 01, 2017 1:28 am
Forum: Investing - Theory, News & General
Topic: AAPL is midcap growth?
Replies: 5
Views: 1189

Re: AAPL is midcap growth?

I want to know more about that one Small Value fund that owns Apple! Could be fat finger. Small cap/midcap is sometimes split at $2B and Targa Pipeline Partners is just a bit over, so quite acceptable to be in either camp. https://finance.google.com/finance?q=apl Come to think of it, there was a ti...
by inbox788
Thu Aug 31, 2017 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Self insure vs Medigap when on "traditional" Medicare
Replies: 73
Views: 5117

Re: Self insure vs Medigap when on "traditional" Medicare

Be careful what you conclude from this. The others don't have stated annual OOP limits/caps but they can be effectively 0. E.g. with my plan F, I pay nothing..........either Medicare pays or the supplement pays (assuming it is a Medicare covered cost). I have plan F and didn't have to pay a nickel ...
by inbox788
Thu Aug 31, 2017 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: How many "investment" accounts do you have?
Replies: 61
Views: 6540

Re: How many "investment" accounts do you have?

When I first joined this forum 2 years ago, one thing I wanted to do was greatly reduce the number of accounts I had. Instead, I have increased the number of accounts. By quite a lot actually. I'm aiming for the same goal, and started with around 30 financial accounts, and I've been treading water ...
by inbox788
Thu Aug 31, 2017 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Is it possible to find what funds carry a particular stock
Replies: 9
Views: 748

Re: Is it possible to find what funds carry a particular stock

Yes I was looking as the example for funds owning a particular stock. Please clarify how you would use this information. For example, what use is knowing that TSLA makes up over 5% of Fidelity OTC holdings? https://finance.google.com/finance?q=focpx Or that Fidelity Contrafund holds 3.5% and Fideli...
by inbox788
Thu Aug 31, 2017 10:29 am
Forum: Personal Consumer Issues
Topic: Beginner Mountain Bike
Replies: 59
Views: 3513

Re: Beginner Mountain Bike

What is included with your definition of a fit for $75-250 additional cost? My definition of it was free help with sizing, adjusting the saddle height, etc. Super basic. But needed for a total newb who doesn't know where to start. Perhaps you could go in and do that free and then buy elsewhere...bu...
by inbox788
Thu Aug 31, 2017 10:16 am
Forum: Personal Consumer Issues
Topic: eyeglass prescription question
Replies: 7
Views: 968

Re: eyeglass prescription question

Also keep in mind the standard for eyeglass fabrication allows an error up to 0.125 of a diopter. Therefore, if you are already underminused by 1/6 (the difference between 20ft and infinity) and you add in a pair of "correct" glasses that are over plussed by an 1/8th, your prescription is actually ...
by inbox788
Thu Aug 31, 2017 9:44 am
Forum: Personal Consumer Issues
Topic: iPhone tempered glass...$6 vs $50?
Replies: 17
Views: 1593

Re: iPhone tempered glass...$6 vs $50?

No, not worth it. IMO, even $6 is high for the tempered glass. I buy them for much less on eBay. Do they install it for you? And will they redo it if there's a speck of dust caught under the glass? I've yet to install one without several such imperfections. That might be worth $6 if they can guarant...
by inbox788
Thu Aug 31, 2017 3:24 am
Forum: Investing - Help with Personal Investments
Topic: Is it possible to find what funds carry a particular stock
Replies: 9
Views: 748

Re: Is it possible to find what funds carry a particular stock

No, because funds trade stocks on a regular basis. Some funds have reporting requirements, but generally trades aren't reported for 3 or 6 months. Not technically a fund, but BRK is a favorite watched for what they own, but even all the eyeballs, it's not clear what they're buying or selling today o...
by inbox788
Thu Aug 31, 2017 3:03 am
Forum: Personal Consumer Issues
Topic: How do you reverse a lifetime of frugality and learn to spend some money?
Replies: 59
Views: 6782

Re: How do you reverse a lifetime of frugality and learn to spend some money?

Mid life crisis? Buy a boat like some have suggested or not. Or a Harley or fancy sports car if that's your thing. Or find someone to help your spend your money if that's what you want. It should't be that hard, and there are apps for that. http://www.huffingtonpost.com/2013/12/12/midlife-crisis_n_4...
by inbox788
Thu Aug 31, 2017 2:44 am
Forum: Investing - Help with Personal Investments
Topic: Payflex HSA fees announcement
Replies: 4
Views: 677

Re: Payflex HSA fees announcement

It's probably a simplification. They're making enough on the AUM fees and probably have higher balances on accounts as people figured out benefits of the account. The accounting and trouble with charging $2 is that much of it is wasted on overhead. It's a lot more efficient to simply raise the EF by...
by inbox788
Thu Aug 31, 2017 2:39 am
Forum: Personal Consumer Issues
Topic: eyeglass prescription question
Replies: 7
Views: 968

Re: eyeglass prescription question

Here's the first result I found on Google. Traditionally, optical infinity has been accepted to be 20 feet or, approximately, 6 meters. However, at this distance, there is an accommodative demand on the eye of about 1/6 D (one-sixth of a diopter). This amount of accommodative demand can be significa...
by inbox788
Thu Aug 31, 2017 2:00 am
Forum: Personal Consumer Issues
Topic: The Wall Street Journal to close Google loophole entirely
Replies: 155
Views: 26286

Re: The Wall Street Journal to close Google loophole entirely

Well it is a bit different if you are a Facebook follower versus an hacker. You've added your name to a list of readers for everyone to see. It's a form of advertisement, a marketing strategy that may or may not persist. I'm not sure this accesses all the articles, but some recent articles that I c...
by inbox788
Wed Aug 30, 2017 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Life Insurance
Replies: 26
Views: 4284

Re: Buying Life Insurance

I am 42 now, and my 10 year life insurance policy will be expiring in 2 years. Thinking back, I made a mistake by not buying a 30-year term policy then. However I want to correct my course asap. Hence I am thinking of getting a new policy right now, and canceling the old one. I need help with two i...
by inbox788
Wed Aug 30, 2017 4:57 am
Forum: Personal Finance (Not Investing)
Topic: How do you know you're not being scammed when buying a house?
Replies: 33
Views: 3459

Re: How do you know you're not being scammed when buying a house?

Pretty sure that'd require quite a conspiracy! Not saying it can't be pulled off, but your lender is probably more worried than you are about it being a legit deal. If you're really paranoid, you could probably do a lot of records research online to raise your comfort level. You are right to be ske...
by inbox788
Wed Aug 30, 2017 4:27 am
Forum: Personal Consumer Issues
Topic: Beginner Mountain Bike
Replies: 59
Views: 3513

Re: Beginner Mountain Bike

I'd personally forgo the full suspension unless the OP plans are going crazy. I prefer this one for the $600 price range. http://www.bikesdirect.com/products/motobecane/29er-mountain-bikes/fantom-29er-trail-mtb-tcs-xvi.htm With that being said, go to their sister site bikeisland.com and look for a ...
by inbox788
Tue Aug 29, 2017 11:35 pm
Forum: Personal Consumer Issues
Topic: ICE, hybrid, Phev, electric for short trips
Replies: 36
Views: 2019

Re: ICE, hybrid, Phev, electric for short trips

You're the first person who I've heard of who has an ideal situation for a Leaf. I drive low miles, and I've looked into the electric/hybrid options. I came to the conclusion that per mile, the cost is high regardless of what technology you pick because depreciation is the major factor, and the ele...
by inbox788
Tue Aug 29, 2017 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Idea to Have Zero Credit Cards?
Replies: 129
Views: 6663

Re: Bad Idea to Have Zero Credit Cards?

At this current time, I mainly use cash (easy to control) but use the credit card for Amazon purchases. Begin with the current credit card you have. Do you have just the one? Which one? In the last month, how many charges did you make on it? How about in the last 12 months? What type of transaction...
by inbox788
Tue Aug 29, 2017 8:50 pm
Forum: Personal Consumer Issues
Topic: I've fallen and I can't get up -- recommendations?
Replies: 43
Views: 6487

Re: I've fallen and I can't get up -- recommendations?

Paw Paw won't wear a necklace with a remote, but you think he will submit to an ankle bracelet or surgical microchip like a dog?? It won't be Paw Paw, because the bracelet or microchip doesn't have a compelling benefit yet, but our kids may be getting court orders to force those upon us if we don't...
by inbox788
Tue Aug 29, 2017 3:38 pm
Forum: Personal Consumer Issues
Topic: I've fallen and I can't get up -- recommendations?
Replies: 43
Views: 6487

Re: I've fallen and I can't get up -- recommendations?

I bought my dad a button type about 6 or 7 years ago. There's no monthly fee, but if I recall correctly it was expensive ($250?) It's basically a cell phone. Once the button is pushed it starts dialing numbers (or 911). He wouldn't wear it. He's currently 96 and lives alone in his house. Last Chris...
by inbox788
Tue Aug 29, 2017 12:47 pm
Forum: Personal Consumer Issues
Topic: Exhaust Fan for the bathroom
Replies: 59
Views: 4819

Re: Exhaust Fan for the bathroom

We had the same problem and this is the one we bought: https://www.amazon.com/gp/product/B003U9TNG0/ref=oh_aui_detailpage_o00_s00?ie=UTF8&psc=1 Panasonic and it works great. If you're not handy, I'd have an electrician install it. OT, but this is the first time I noticed cash discount for No Rush S...
by inbox788
Mon Aug 28, 2017 5:14 pm
Forum: Personal Consumer Issues
Topic: Hyundai Sonata Limited haggling and availability
Replies: 12
Views: 1706

Re: Hyundai Sonata Limited haggling and availability

I got a quote from another dealer, he said the last one was sold out and he says he can look for one once we agree upon a price, but it's whatever color he can find. Huh? Anyone heard of this? Sure, just be ready to accept a dog ugly color. It's not so hard for him to find a car. It mostly just tak...
by inbox788
Mon Aug 28, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Non-profit treasurer - tools for accepting money (Venmo, Paypal, etc.)
Replies: 10
Views: 1413

Re: Non-profit treasurer - tools for accepting money (Venmo, Paypal, etc.)

The problem you're trying to solve is difficult to do in the electronic world. A lot of non-profits are trying to use these online services to help fundraiser, but they're very inefficient, and many appear to be profiteering off the non-profits. The worst part is that man of these services require r...
by inbox788
Mon Aug 28, 2017 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Check serial number caused an issue
Replies: 26
Views: 2439

Re: Check serial number caused an issue

If it has your name on it then it is not a starter check. Sometimes when they print checks for new accounts they do recommend starting with a high number (1001) for this reason. Also - nothing says you need to use checks in order. When my wife and I were using a lot of checks she was using one seri...
by inbox788
Mon Aug 28, 2017 10:37 am
Forum: Personal Consumer Issues
Topic: bought a maintenance plan w/car (vw golf alltrack) - good deal or not?
Replies: 36
Views: 3952

Re: bought a maintenance plan w/car (vw golf alltrack) - good deal or not?

*10k intervals would suggest synthetic oil, which would have a higher cost. Be careful that it includes the services you think it includes. Often, only required services are included; often just recommended services are NOT included. Does the plan spell out the services and intervals? Synthetic oil...
by inbox788
Sun Aug 27, 2017 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: Do people in the 15% tax bracket tax loss harvest?
Replies: 24
Views: 2331

Re: Do people in the 15% tax bracket tax loss harvest?

I personally would tax gain harvest in that bracket. I'd be thinking along the same lines. Don't get why most folks here have talked about TLH instead of TGH. https://www.bogleheads.org/wiki/Tax_gain_harvesting If you windup in same tax bracket in retirement, you've benefited from tax deferment. A ...
by inbox788
Sun Aug 27, 2017 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: 85/15 too aggressive at age 35?
Replies: 104
Views: 10925

Re: 85/15 too aggressive at age 35?

I'd be ok with 85/15 at that age. I thought the target date based investments were 90/10 during most of the working years, so a little more conservative compared to that. If you can keep up the $50k+ savings/investment, you should have no trouble meeting your goal, and probably early. Also, unless y...
by inbox788
Sun Aug 27, 2017 4:36 pm
Forum: Personal Consumer Issues
Topic: SUV thread (with a twist)
Replies: 44
Views: 4530

Re: SUV thread (with a twist)

A booster is not a good idea. They do nothing unless the child is sitting correctly. A 3 year old doesn't have the maturity to sit correctly. "Figuring out if you can do without the booster" is really, really not a good idea. The child fits in the car. It just sounds like it's difficult to get her ...
by inbox788
Sun Aug 27, 2017 12:12 am
Forum: Personal Consumer Issues
Topic: I've fallen and I can't get up -- recommendations?
Replies: 43
Views: 6487

Re: I've fallen and I can't get up -- recommendations?

If he has an iPhone, an apple watch MIGHT work. If you hold down a side button, you are given an option to have it dial 911. Is there an app for that? A fall detector, that is. Still requires phone to be within range (Bluetooth). The Samsung gear watch phone might be a better platform for the app s...
by inbox788
Sun Aug 27, 2017 12:00 am
Forum: Personal Consumer Issues
Topic: Exhaust Fan for the bathroom
Replies: 59
Views: 4819

Re: Exhaust Fan for the bathroom

When is the last time you pulled the grill off and vacuumed it and the fan blades? Ours gets pretty caked up with dust which reduces air flow. Another tip is to crack the window (if you have one) while showering so the fan has an easy place to pull from. In the winter, I leave the bathroom door ope...
by inbox788
Fri Aug 25, 2017 8:36 pm
Forum: Personal Consumer Issues
Topic: SUV thread (with a twist)
Replies: 44
Views: 4530

Re: SUV thread (with a twist)

3 year old is tall and is starting to hit her head when I put her in her car seat in the sedan Why not get rid of the car seat and get a booster, or figure out if you can do without the booster? (how tall is the 3 year old? what state? check with your highway patrol or pediatrician if you want a mo...
by inbox788
Fri Aug 25, 2017 7:58 pm
Forum: Personal Consumer Issues
Topic: Unused credit card with positive balance
Replies: 14
Views: 1561

Re: Unused credit card with positive balance

Old thread, but just got a statement this month on an account with less than $0.50 in it. AFAIK, they just ate it. :shock: The account was already closed, so I had expected them to send me a check for the amount. I've received checks for less from other financial instiutions, and kept them instead o...