Search found 2505 matches

by surfstar
Thu Apr 22, 2021 3:54 pm
Forum: Investing - Theory, News & General
Topic: Is Cathie Wood a bad influence to our younger generation?
Replies: 51
Views: 4219

Re: Is Cathie Wood a bad influence to our younger generation?

teelainen wrote: Thu Apr 22, 2021 2:29 pm My nephew and all his friends seem to worship her.
Funny terminology. Do they know her beliefs and follow/agree with them?
by surfstar
Thu Apr 22, 2021 3:24 pm
Forum: Personal Consumer Issues
Topic: Why leasing a new car is always the best option even if you intend to keep it forever
Replies: 156
Views: 14660

Re: Why leasing a new car is always the best option even if you intend to keep it forever

What about dings and dents? If you lease, you'll get charged for repair upon turn in. Own and you can decide whether or not to fix it. OP needs to retitle thread. Owning a new car is always the best option if you intend to keep it forever If you change your cars every three years and don't care abou...
by surfstar
Thu Apr 22, 2021 1:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14741
Views: 1133197

Re: U.S. stocks continue to soar!

Tbh this is a buying opportunity imo. Not rational to sell off on the news. Why irrational? Higher capital gains taxes basically means the risk to reward ratio for stocks has become worse. Seems rational to now demand a higher earnings yield. Because it doesn't impact 99% of Bogleheads & invest...
by surfstar
Thu Apr 22, 2021 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Crazy Situation - Acura Dealer Gave Me Car With Wrong VIN Number - Wants to Swap Cars?
Replies: 98
Views: 6166

Re: Crazy Situation - Acura Dealer Gave Me Car With Wrong VIN Number - Wants to Swap Cars?

Funny story. Just make sure the VIN is correct this time and then enjoy your 2nd new car this year. I think I will now add "Verify VIN is correct" to my list of things to do when buying a car. It never would have dawned on me to be concerned about this but given this person's experience i...
by surfstar
Thu Apr 22, 2021 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: What Were Your Regrets after Retiring? (serious question)
Replies: 137
Views: 12996

Re: What Were Your Regrets after Retiring? (serious question)

I must admit I am very envious of people who are easily able to fill their days in retirement. I have zero understanding of what they are doing to fill their days. The classic Catch-22 - if you are so driven in work/success/career that you accumulate a large amount of money and could FIRE - you are...
by surfstar
Thu Apr 22, 2021 12:03 pm
Forum: Investing - Theory, News & General
Topic: Buying any bonds is timing the market... as long as bonds pay less than savings accounts
Replies: 26
Views: 2037

Re: Buying any bonds is timing the market... as long as bonds pay less than savings accounts

BHs nitpicking between 0.5% HYSA and 1.x% Treasuries as "timing" - LOL

The difference is not going to make or break someone's retirement planning or provide for a splurge purchase in retirement.


Refreshing though, compared to the crazy crypto hype of late.
by surfstar
Thu Apr 22, 2021 11:19 am
Forum: Investing - Theory, News & General
Topic: Long Term Future of Oil and Natural Gas?
Replies: 36
Views: 1668

Re: Long Term Future of Oil and Natural Gas?

Yes, unfortunately plastics will be around for many hundreds of years - as waste. We are moving away from oil, gas and plastics. It won't be cheap and/or easy, but it seems like a movement that will take hold. Sure some developing countries will continue to use fossil fuels, but it seems likely that...
by surfstar
Thu Apr 22, 2021 9:25 am
Forum: Personal Finance (Not Investing)
Topic: What Were Your Regrets after Retiring? (serious question)
Replies: 137
Views: 12996

Re: What Were Your Regrets after Retiring? (serious question)

JoeRetire wrote: Thu Apr 22, 2021 8:26 am
KlangFool wrote: Thu Apr 22, 2021 8:16 amIt is just a job. You are paid to do it. There is nothing more or less to it.
For most people, there is more to work than just getting paid.
No. I think you have it backwards. For some people.
by surfstar
Thu Apr 22, 2021 9:25 am
Forum: Personal Finance (Not Investing)
Topic: What Were Your Regrets after Retiring? (serious question)
Replies: 137
Views: 12996

Re: What Were Your Regrets after Retiring? (serious question)

I must admit I am very envious of people who are easily able to fill their days in retirement. I have zero understanding of what they are doing to fill their days. The classic Catch-22 - if you are so driven in work/success/career that you accumulate a large amount of money and could FIRE - you are...
by surfstar
Wed Apr 21, 2021 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: What Were Your Regrets after Retiring? (serious question)
Replies: 137
Views: 12996

Re: What Were Your Regrets after Retiring? (serious question)

A source of social status. There's just no getting around it that in most of the world saying "I own my own company" or "I'm a rocket scientist" gets you a better reaction than "I'm retired". Some people struggle with the adjustment. A lot of people seem to really stru...
by surfstar
Wed Apr 21, 2021 4:18 pm
Forum: Personal Consumer Issues
Topic: time for a new car
Replies: 66
Views: 7855

Re: time for a new car

Gooch1226 wrote: Wed Apr 21, 2021 4:12 pm
h82goslw wrote: Sat Dec 26, 2020 7:44 pm I bought a 2018 Camry last year that was a previous rental. Got a great deal and car has been perfect.
I Beat on rentals real bad ... I’m talking neutral drops , I’m talking red lines , I’m talking turns way too fast . Good luck with it though .
Name checks out.
by surfstar
Wed Apr 21, 2021 4:17 pm
Forum: Personal Consumer Issues
Topic: time for a new car
Replies: 66
Views: 7855

Re: time for a new car

Also if the price they offer is say, $35,300 and I counter with $35,000 is that a waste of time since it’s “only $300”? I felt free to forward emails with pricing details. And I also was happy to eek out whatever discount I could - so YES! $300 is $300 and you want the dealer/salesperson to be the ...
by surfstar
Wed Apr 21, 2021 2:40 pm
Forum: Personal Investments
Topic: Advice on IRA, how to buy funds
Replies: 10
Views: 361

Re: Advice on IRA, how to buy funds

If you just did a rollover and were not previously 100% in cash at your 401k, there is no reason to DCA.

Lump sum and be done! --- I like that - sounds like a good mantra.
by surfstar
Wed Apr 21, 2021 2:11 pm
Forum: Investing - Theory, News & General
Topic: Coinbase IPO - anyone tempted?
Replies: 227
Views: 15649

Re: Coinbase IPO - anyone tempted?

Freefun wrote: Mon Apr 19, 2021 1:21 pm Cathie Wood thinks Bitcoin may go to 500k (3:00)

https://youtu.be/SYVCc6V4HUY
She believes in other things with no factual basis, also *shrug*
by surfstar
Tue Apr 20, 2021 9:49 pm
Forum: Personal Consumer Issues
Topic: Why leasing a new car is always the best option even if you intend to keep it forever
Replies: 156
Views: 14660

Re: Why leasing a new car is always the best option even if you intend to keep it forever

https://www.ford.com/trucks/ranger/pricing-and-incentives/?gnav=footer-vehicles Well played, Sir. Point to you! But that says nothing about how thick the market is. If there is the same level of competition for Ranger leases (in 2002) as purchases, then I would expect similar price efficiencies. If...
by surfstar
Tue Apr 20, 2021 4:58 pm
Forum: Personal Consumer Issues
Topic: Sell or Hold Used Car and Buy New?
Replies: 24
Views: 1616

Re: Sell or Hold Used Car and Buy New?

I'm going to say my standard buy a Prius Prime schpeal. If you live in a region, or are willing to buy from one (west coast or NE) that is currently offering $5k Toyota rebate/cash on a Prime, buy one. Aim for a $3k dealer discount. You also get $4502 Federal Tax Credit and potentially more state/lo...
by surfstar
Tue Apr 20, 2021 12:57 pm
Forum: Personal Consumer Issues
Topic: Sale of Expensive Home--Limit Showing
Replies: 34
Views: 3303

Re: Sale of Expensive Home--Limit Showing

In the current market you could just demand a cash sale, 20% over asking, sight-unseen, and no inspection.

In other words, your restrictions won't deter. 12 months from now, though - that's harder to predict...
by surfstar
Mon Apr 19, 2021 4:23 pm
Forum: Personal Consumer Issues
Topic: Penfed Credit Union Website Not Working Since Last Update ??
Replies: 23
Views: 1269

Re: Penfed Credit Union Website Not Working Since Last Update ??

Is this a good time to recommend all CCs are set to autopay? Can you pay by phone? They charge $5 to pay by phone which they have waived the last 3 months. No fee if we pay by mail except the $$ for postage. Autopay we also check the statement against what was charged to make sure we have no proble...
by surfstar
Mon Apr 19, 2021 3:51 pm
Forum: Personal Consumer Issues
Topic: Penfed Credit Union Website Not Working Since Last Update ??
Replies: 23
Views: 1269

Re: Penfed Credit Union Website Not Working Since Last Update ??

Is this a good time to recommend all CCs are set to autopay?

Can you pay by phone?
by surfstar
Mon Apr 19, 2021 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Which is more forward-looking? Solar panels or Roth investment?
Replies: 54
Views: 2925

Re: Which is more forward-looking? Solar panels or Roth investment?

Roth is more forward looking to me. I do not use enough energy to make solar panels worthwhile. Has Peloton connected their machines into the power grid yet? That would be pretty cool, but wouldn’t generate much power. When I’m really working pretty hard on cycle I’m generating about 300 Watt secon...
by surfstar
Mon Apr 19, 2021 1:15 pm
Forum: Personal Investments
Topic: Invest 120K now or wait for the crash?
Replies: 75
Views: 9967

Re: Invest 120K now or wait for the crash?

For the $120K, when will you need that money? Dave I am 35 and will not need it until retirement. Drop it all in. Dave Should I DCA for the next two years (my usual 5K + 5K from my additional fund)? There is so much greed these days and it makes me feel that there might be a crash. I know nobody ca...
by surfstar
Sun Apr 18, 2021 11:44 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency in Free Fall
Replies: 270
Views: 20949

Re: Cryptocurrency in Free Fall

Not huge. I’ve slowly upped my % investment portfolio from a 1% to 5% to 10% and now 20%. A lot of that is just due to growth and that I don’t see a reason to rebalance down from something that I have a lot of confidence in. But I’m at closer to 15% now so I would have looked to add another 5%. But...
by surfstar
Sun Apr 18, 2021 11:42 pm
Forum: Personal Consumer Issues
Topic: Ski Resort Recommendations for the first-timers? (emphasis on resort)
Replies: 81
Views: 4910

Re: Ski Resort Recommendations for the first-timers? (emphasis on resort)

Banff and Lake Louise are absolutely beautiful if you won't be wanting to ski all day everyday.
by surfstar
Sun Apr 18, 2021 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: New vs used car in a strong used car market
Replies: 41
Views: 3184

Re: New vs used car in a strong used car market

Prius Prime - cheapest new car you can buy right now. (cheapest b/c it will have positive equity once you get all the rebates and tax credits, assuming you live in a Toyota sales area that is offering the $5k cash/rebate right now ) Unless they need the space of a CRV. Is there a list of areas offe...
by surfstar
Sun Apr 18, 2021 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: New vs used car in a strong used car market
Replies: 41
Views: 3184

Re: New vs used car in a strong used car market

Prius Prime - cheapest new car you can buy right now. (cheapest b/c it will have positive equity once you get all the rebates and tax credits, assuming you live in a Toyota sales area that is offering the $5k cash/rebate right now) Unless they need the space of a CRV. Pretty sure Honda Clarity will...
by surfstar
Sun Apr 18, 2021 10:53 am
Forum: Personal Finance (Not Investing)
Topic: New vs used car in a strong used car market
Replies: 41
Views: 3184

Re: New vs used car in a strong used car market

Prius Prime - cheapest new car you can buy right now. (cheapest b/c it will have positive equity once you get all the rebates and tax credits, assuming you live in a Toyota sales area that is offering the $5k cash/rebate right now)
Unless they need the space of a CRV.
by surfstar
Fri Apr 16, 2021 1:15 pm
Forum: Investing - Theory, News & General
Topic: Future Market Expectations
Replies: 33
Views: 2055

Re: Future Market Expectations

I expect up, down or sideways.

What do I win?
by surfstar
Thu Apr 15, 2021 3:48 pm
Forum: Personal Consumer Issues
Topic: Why leasing a new car is always the best option even if you intend to keep it forever
Replies: 156
Views: 14660

Re: Why leasing a new car is always the best option even if you intend to keep it forever

Tingting1013 wrote: Thu Apr 15, 2021 3:39 pm
sandramjet wrote: Thu Apr 15, 2021 3:33 pm I drive my car about 18-20K miles per year. How does that affect the lease/buy decision?
You should drive less. It’s bad for your health.
Great point and a bike is cheaper than a car. Should I lease the new bike, though?
by surfstar
Thu Apr 15, 2021 3:43 pm
Forum: Investing - Theory, News & General
Topic: Coinbase IPO - anyone tempted?
Replies: 227
Views: 15649

Re: Coinbase IPO - anyone tempted?

Actually, right now it's 14.93%.... :-) Actual rates are here: https://aave.com Perhaps one day the standard Bogleheads portfolio will be 60% stocks, 40% dollar deposits at Aave. Not even joking! You're probably too young, but there's this thing called radio - you can hear advertisements for "...
by surfstar
Thu Apr 15, 2021 3:28 pm
Forum: Personal Consumer Issues
Topic: Why leasing a new car is always the best option even if you intend to keep it forever
Replies: 156
Views: 14660

Re: Why leasing a new car is always the best option even if you intend to keep it forever

You are in the market for a new Honda Accord. You intend to keep it forever. Let’s say the selling price is $25k, and Honda expects the car to depreciate $10k in the first three years. Your total lease cost is $10k + taxes + interest. At the end of the lease you have the option to buy out the remai...
by surfstar
Thu Apr 15, 2021 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 125
Views: 12244

Re: How close to retirement age would you start to coast instead of grinding it out?

I turned 60 today. I wouldn't say I'm coasting, but I have realized that there is no more upward trajectory for me at work. It's as good as it's going to get. I've hit a number where I could retire if I had to, so I've started drawing more boundaries to protect my personal life. No raise or signifi...
by surfstar
Thu Apr 15, 2021 1:39 pm
Forum: Personal Consumer Issues
Topic: Why leasing a new car is always the best option even if you intend to keep it forever
Replies: 156
Views: 14660

Re: Why leasing a new car is always the best option even if you intend to keep it forever

*ahem* MILES PER YEAR has not been addressed. If you only drive 10k or less miles per year - I suggest: a) a used vehicle will last a long time and be cheaper than leasing b) buy an e-bike, use Uber/Lyft, car rentals as needed and you'll also be spending less This blanket claim of "always the b...
by surfstar
Thu Apr 15, 2021 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Buying a Home in SoCal
Replies: 128
Views: 9990

Re: Buying a Home in SoCal

Spouse is declining moving, except back to Texas where they don’t understand what I do (I looked repeatedly). My old job is not available. There are numerous references to Spouse 1 and 2 not being on the same page. Communication and expectations apparently need more work. Somehow finding the "...
by surfstar
Thu Apr 15, 2021 11:43 am
Forum: Personal Consumer Issues
Topic: Why leasing a new car is always the best option even if you intend to keep it forever
Replies: 156
Views: 14660

Re: Why leasing a new car is always the best option even if you intend to keep it forever

Sure. Now do that for 18k miles per year driven. You would have to buy out the lease b/c of mileage charges, right?
by surfstar
Thu Apr 15, 2021 11:39 am
Forum: Personal Investments
Topic: Will Inflation pay off my home?
Replies: 85
Views: 8248

Re: Will Inflation pay off my home?

5000 sq ft is a mansion?? 🤔 anyhow....the above comments are a slippery slope....think about it. 5000 sq ft is freaking huge. That's larger than many parcels in a developed city. That's a nice-sized home here in flyover country. Only over 9k square feet or so is considered "big"... Differ...
by surfstar
Thu Apr 15, 2021 11:24 am
Forum: Investing - Theory, News & General
Topic: Question about very long expected returns
Replies: 7
Views: 741

Re: Question about very long expected returns

"forecasters" might as well be throwing darts. I think they'd be more likely to be accurate if they did.
by surfstar
Thu Apr 15, 2021 11:22 am
Forum: Personal Investments
Topic: Will Inflation pay off my home?
Replies: 85
Views: 8248

Re: Will Inflation pay off my home?

Carguy85 wrote: Wed Apr 14, 2021 6:27 pm 5000 sq ft is a mansion?? 🤔 anyhow....the above comments are a slippery slope....think about it.
5000 sq ft is freaking huge. That's larger than many parcels in a developed city.
by surfstar
Wed Apr 14, 2021 4:00 pm
Forum: Investing - Theory, News & General
Topic: Watch out for inflation numbers
Replies: 49
Views: 5125

Re: Watch out for inflation numbers

Woohoo!

Lets inflate our mortgage away! 2.5% for 30 years will be very cheap - sooner or later...

Bring it on!
by surfstar
Wed Apr 14, 2021 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 125
Views: 12244

Re: How close to retirement age would you start to coast instead of grinding it out?

I can imagine the added stress retiring in your 50s wondering if you'll have enough to live another 40-50 years? Just something to think about for the FIRE posters here. 50s? stress? ha - we'd be too well-off if we wait until then. By 50 (me) / 52 (DW) - we'll have more than enough. Our FIRE dilemm...
by surfstar
Wed Apr 14, 2021 2:52 pm
Forum: Investing - Theory, News & General
Topic: Coinbase IPO - anyone tempted?
Replies: 227
Views: 15649

Re: Coinbase IPO - anyone tempted?

I thought one of the great ideals of crypto is that you don't deal with banks and their fees? Is overpaying transaction fees to use a digital "coin" somehow better than using venmo/paypal/etc? I don't understand this and continue to sit by dumbfounded while more people pour money into &qu...
by surfstar
Wed Apr 14, 2021 1:48 pm
Forum: Investing - Theory, News & General
Topic: Coinbase IPO - anyone tempted?
Replies: 227
Views: 15649

Re: Coinbase IPO - anyone tempted?

I thought one of the great ideals of crypto is that you don't deal with banks and their fees? Is overpaying transaction fees to use a digital "coin" somehow better than using venmo/paypal/etc? I don't understand this and continue to sit by dumbfounded while more people pour money into &qu...
by surfstar
Wed Apr 14, 2021 1:21 pm
Forum: Investing - Theory, News & General
Topic: Coinbase IPO - anyone tempted?
Replies: 227
Views: 15649

Re: Coinbase IPO - anyone tempted?

I thought one of the great ideals of crypto is that you don't deal with banks and their fees? Is overpaying transaction fees to use a digital "coin" somehow better than using venmo/paypal/etc? I don't understand this and continue to sit by dumbfounded while more people pour money into &quo...
by surfstar
Wed Apr 14, 2021 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 125
Views: 12244

Re: How close to retirement age would you start to coast instead of grinding it out?

The health stuff, though. Ya gotta deal with that, regardless of how hard you're working. If nothing else, you'll be more effective at work if you're healthy. What? ___ that! Stressful job leading to detrimental health. Be sure to work on your health so that you can do your job better. :oops: I do ...
by surfstar
Tue Apr 13, 2021 3:08 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 944
Views: 61560

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

Has anyone minted a "FOMO" cryptocoin yet?

I know if I ever bought into crypto it would be a FOMO coin :oops: own $0 currently
by surfstar
Tue Apr 13, 2021 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Ability to lower mortgage payment after close?
Replies: 5
Views: 480

Re: Ability to lower mortgage payment after close?

Keep the money invested, sell assets as needed.
by surfstar
Tue Apr 13, 2021 10:16 am
Forum: Personal Finance (Not Investing)
Topic: House Building vs. Buying in this Market?
Replies: 21
Views: 2077

Re: House Building vs. Buying in this Market?

Rent.

You don't have to buy a home or build one just b/c you're moving.
by surfstar
Tue Apr 13, 2021 10:13 am
Forum: Personal Consumer Issues
Topic: 10+ year old used cars?
Replies: 64
Views: 5184

Re: 10+ year old used cars?

I am going to give Carvana a shot and look for a 2020 Versa in the $17,000 to $19,000 range. Hopefully I can keep my 09 for another year or maybe more, time will tell. In that range you can buy a new Prius Prime. Need to live in an area where Toyota is offering $5k+ cash/rebate, negotiate $3k deale...
by surfstar
Mon Apr 12, 2021 2:15 pm
Forum: Investing - Theory, News & General
Topic: Ross Gerber (Wealth Management) claims index funds won’t have high enough returns to fund retirement
Replies: 27
Views: 1956

Re: Ross Gerber (Wealth Management) claims index funds won’t have high enough returns to fund retirement

Thought it was interesting just how arrogant some of these active fund managers are and completely oblivious to their inability to predict the future. They're in sales. The "client" is purchasing what they sell. Which of course is not a guaranteed rate of return, only a guaranteed higher ...
by surfstar
Sun Apr 11, 2021 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: How much should I overpay?
Replies: 51
Views: 5219

Re: How much should I overpay?

It's a 4 bedroom house with 3 kids, and 2 of them are sharing a room ... It's not especially uncomfortable now but I think it will start to get that way. You might try some historical perspective. Families in the 1930s with 3 kids in a 1200 sqft house. Somehow, my mother survived/thrived and went o...
by surfstar
Sun Apr 11, 2021 9:53 am
Forum: Personal Consumer Issues
Topic: Comfortable Men's Flip Flops?
Replies: 69
Views: 5006

Re: Comfortable Men's Flip Flops?

I looked up some of the prices of the suggested flippers here in this thread and my mind just broke. My current flip flops are from Roses and I paid $2. A wise person once said to never skimp on mattresses, car tires, or shoes. You spend nearly your entire life on them, in some form or another. Our...