Search found 112 matches

Return to advanced search

Re: POLL: Do/did you get a match? How much?

100% match of up to 15% of paycheck. Full vesting after 6 years.
by Perpetual
Wed Jun 11, 2014 1:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: POLL: Do/did you get a match? How much?
Replies: 67
Views: 4270

Re: Anyone regret saving too much and not spending when youn

The question depends entirely on income level. Someone making six figures in their 20s can afford to spend a lot more percentage-wise than someone making under 50k. The correct way to phrase the question would be to ask these questions: 1. What was your average income in your 20s and 30s? 2. What pe...
by Perpetual
Tue Sep 03, 2013 6:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: Anyone regret saving too much and not spending when younger?
Replies: 79
Views: 9910

Re: Tesla S

Does anyone have any information, either good or bad on the vehicle? I read Broder's scathing review of his test drive in the New York Times, of which you are probably aware. Apparently it ticked off a vicious, accusatory response by Tesla's CEO and a long debate in the media, which I didn't follow...
by Perpetual
Fri Aug 23, 2013 9:58 am
 
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 556
Views: 63385

Re: [Eating] Fish

Take fish oil instead. Orders of magnitude cheaper in terms of the omega-3 fatty acids you get, and needs to preparation. Protein can come from other sources.
by Perpetual
Wed Aug 14, 2013 11:49 am
 
Forum: Personal Consumer Issues
Topic: [Eating] Fish
Replies: 113
Views: 9983

Re: Your Home is Not a Good Investment

The rental assumption that I see on this board over and over again is that renting is unequivocally cheaper than owning. That is only true sometimes. I like the thresholds established by Trulia. ⋅ Price-to-rent ratio of 1 to 15 = much better to buy than rent ⋅ Price-to-rent rati...
by Perpetual
Thu Aug 08, 2013 10:54 am
 
Forum: Personal Finance (Not Investing)
Topic: Your Home is Not a Good Investment
Replies: 145
Views: 12641

Re: What house can we afford?

Look, I get that Bogleheads make a ton of money and are very, very conservative. But some of this advice is seriously damaging to quality of life for people who don't make in the 1%. One size fits all rule of thumbs are no good, each unit has to look at what they personally can comfortably afford. ...
by Perpetual
Thu Aug 08, 2013 10:41 am
 
Forum: Personal Finance (Not Investing)
Topic: What house can we afford?
Replies: 66
Views: 7130

Re: What house can we afford?

Where is the disagreement? That article specifically states that once you "top out" you will only keep up with inflation. Ergo, your salary will go up. Which, by the way directly contradicts Rule #5. Look, I get that Bogleheads make a ton of money and are very, very conservative. But some...
by Perpetual
Mon Aug 05, 2013 4:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: What house can we afford?
Replies: 66
Views: 7130

Re: What house can we afford?

ThatGuy wrote:...It's simply stupid to base a 30 year debt obligation on current salary without factoring in what it costs to service that debt...

...Over 30 years your salary will go up...


You need to buy a house as if your salary will never go up, ever. This article explains why. See Rule #5.
by Perpetual
Mon Aug 05, 2013 3:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: What house can we afford?
Replies: 66
Views: 7130

Re: Poll: At what age did you hit $500k Net Worth

Guessing what my house is worth I would guess right about 44-45. These threads will vary so much depending on just where you live, in a high COL area vs. low COL area etc. There's also a large amount of self-selection. Those who performed well and hit $500k early on are more likely to vote on the p...
by Perpetual
Mon Aug 05, 2013 3:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: Poll: At what age did you hit $500k Net Worth
Replies: 68
Views: 8013

Re: Should I get a MBA?

24 years old, graduated college with a Psychology degree from a mid-tier UC (not LA or Berkeley) a year ago I see my strengths lying in strategy/decision making. I don't mean to sound harsh, but you're 24 years old, you went to a mid-tier UC and you have one year of work experience. What "stre...
by Perpetual
Tue Jul 30, 2013 2:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: Should I get a MBA?
Replies: 37
Views: 3208

Re: How to get over finance envy

We drive an older Volvo ("Volvo for Life", truly in our case), and are only considering a newer one because of some of the newer safety features, including the backup cam. It's getting difficult to turn around comfortably. We saw the screen when we had a loaner during servicing (Yup, they...
by Perpetual
Sat Jul 13, 2013 3:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to get over finance envy
Replies: 167
Views: 17899

Re: how bad would it hurt to spend an extra 10k on a car (24

KyleAAA wrote:If you can afford it and really think you would enjoy driving a nicer car, do it. You don't need our permission.


I don't think he's asking for permission, but more of a sanity check. Good habit to get into before any big spending - especially when it's for a luxury.
by Perpetual
Sat Jul 13, 2013 3:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: how bad would it hurt to spend an extra 10k on a car (24 yo)
Replies: 93
Views: 5403

Re: how bad would it hurt to spend an extra 10k on a car (24

I think it's sad that so many young people feel the need to impress others with their appearances (car, clothes, watch, etc.). It says something about society, and I don't like that. I don't think its a young people thing. Mr. Larimore put it perfectly in another thread: paraphrasing, he said there...
by Perpetual
Sat Jul 13, 2013 11:18 am
 
Forum: Personal Finance (Not Investing)
Topic: how bad would it hurt to spend an extra 10k on a car (24 yo)
Replies: 93
Views: 5403

Re: should I appeal my property tax when county has wrong sq

If you don't have permits for the office add on, and the city doesn't either, there's a good possibility the add on might have been constructed illegally. Best case is the city could inspect it, OK it, and raise your taxes accordingly. Worst case is city could make you remove it. I'm not a lawyer, ...
by Perpetual
Sat Jul 13, 2013 6:18 am
 
Forum: Personal Finance (Not Investing)
Topic: should I appeal my property tax when county has wrong sqft?
Replies: 14
Views: 1223

Re: how bad would it hurt to spend an extra 10k on a car (24

You say you're going to drive it for 10-12 years, but I think you're telling that to yourself to justify your decision. Some quick math to drive the point home - note that I won't even include things like maintenance and insurance in this math: A 30k car driven over 10 years comes to $3,000 per year...
by Perpetual
Sat Jul 13, 2013 6:14 am
 
Forum: Personal Finance (Not Investing)
Topic: how bad would it hurt to spend an extra 10k on a car (24 yo)
Replies: 93
Views: 5403

Re: Mom just lent 40k to a friend w/o a contract

Have her call the bank and cancel the check immediately. She will never see that money again. Friends don't ask friends for money. If one of my friends did this, I would tell them where to put it. Let's not talk in absolutes. Not only is this different from culture to culture, but there are situati...
by Perpetual
Sat Jul 13, 2013 6:04 am
 
Forum: Personal Finance (Not Investing)
Topic: Mom just lent 40k to a friend w/o a contract
Replies: 61
Views: 6677

Re: Tesla Motors Stock

I bought some TSLA shares back when it was around $40, anticipating that it was going to skyrocket. I had been following them very closely, and I'm knowledgeable about the technical aspects of their main product as well as the nature of the challenges, which is why my prediction turned out to be cor...
by Perpetual
Thu Jul 11, 2013 9:47 am
 
Forum: Investing - Help with Personal Investments
Topic: Tesla Motors Stock
Replies: 164
Views: 13628

Re: How to get over finance envy

...Most high income earners, just like middle and low income earners, have little to no savings ... more than 50% of high income earners have little to no savings, just like lower/middle income earners. ... Let's just say that 66% of all workers (including high income) don't have, or are not saving...
by Perpetual
Thu Jul 11, 2013 9:23 am
 
Forum: Personal Finance (Not Investing)
Topic: How to get over finance envy
Replies: 167
Views: 17899

Re: How to get over finance envy

I didn't include it because it completely contradicts your prior statement. If you genuinely don't care then there is no need to make any inferences in the first place, particularly ones for which there is no apparent basis. In this context, "not caring" means not basing your decisions on...
by Perpetual
Tue Jul 09, 2013 4:40 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to get over finance envy
Replies: 167
Views: 17899

Re: How to get over finance envy

The responses here frustrate me and demonstrate an unfortunate bias. While no doubt there are many out there living beyond their means, I think it is a terrrible idea to use that as some form of personal rationalization. There are (possibly a far greater number) out there that are just plain wealth...
by Perpetual
Tue Jul 09, 2013 4:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to get over finance envy
Replies: 167
Views: 17899

Re: How to get over finance envy

The responses here frustrate me and demonstrate an unfortunate bias. While no doubt there are many out there living beyond their means, I think it is a terrrible idea to use that as some form of personal rationalization. There are (possibly a far greater number) out there that are just plain wealth...
by Perpetual
Tue Jul 09, 2013 2:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to get over finance envy
Replies: 167
Views: 17899

Re: How to get over finance envy

Paddington79, When you look at other people, what you see is what they decide to show the world. This can skew your perspective and mislead you into thinking they are doing things right. What you don't see are the sleepless nights full of worrying about job security and debt, fights between spouses ...
by Perpetual
Mon Jul 08, 2013 11:16 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to get over finance envy
Replies: 167
Views: 17899

Re: Survey shows confusion on how much to save for retiremen

It's important to strike a balance. You can't do all the things in your 50's, 60's and especially later than that that you can do in your 20's, 30's and 40's. Your kids are only kids once. Now in our 50's we are seeing a small but still significant and growing % of our friends and coworkers develop...
by Perpetual
Mon Jul 08, 2013 10:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: Survey shows confusion on how much to save for retirement.
Replies: 30
Views: 3771

Re: IRA for H1B holders ?

Hi , So my questions will be from where to start investing?(in a month more I will be meeting my six month expense saving target and emergency fund); My home markets or US markets? Can H1B guys start 401k and Roth IRA? If I start ROTH here what if I leave after........can leave my money in USA...or...
by Perpetual
Mon Jul 08, 2013 7:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: IRA for H1B holders ?
Replies: 25
Views: 4335

Re: Survey shows confusion on how much to save for retiremen

The proper answer is "every penny you can afford, then two pennies more." Why? If I could easily live on $x/year and am fortunate enough to make 6x per year, and early retirement is not a goal, is saving 5x really necessary or wise? I'm pretty conservative and definitely want to be prepar...
by Perpetual
Fri Jul 05, 2013 3:44 pm
 
Forum: Personal Finance (Not Investing)
Topic: Survey shows confusion on how much to save for retirement.
Replies: 30
Views: 3771

Re: Page Plus Versus Republic Wireless - Who's Better?

You may also want to look into Tmobile prepaid plans. I just switched from AT&T to TMobile's 100 minute, unlimited text and data plan. The latter costs $30.
by Perpetual
Fri Jul 05, 2013 3:26 pm
 
Forum: Personal Consumer Issues
Topic: Page Plus Versus Republic Wireless - Who's Better?
Replies: 28
Views: 4252

Re: Allocating correctly between 401k and Roth IRA?

BigOilTexan wrote:You have list two retirement account which are both tax-advantaged. Do you have any retirement savings in taxable accounts?


None... yet. :)

This wiki on the principles of tax-efficient investing should answer some of your basic questions.


Cool, I'll give that a read. Thanks!
by Perpetual
Tue Jul 02, 2013 11:42 am
 
Forum: Investing - Help with Personal Investments
Topic: Allocating correctly between 401k and Roth IRA?
Replies: 5
Views: 387

Allocating correctly between 401k and Roth IRA?

I have about 90k in my retirement funds, split thusly: 401k: $57,800 Roth: $32,300 I used an asset allocation calculator to figure out my optimum exposure to large cap, mid cap, small cap, foreign and bonds. Based on the percentages, I created this spreadsheet to calculate the actual amounts I need ...
by Perpetual
Tue Jul 02, 2013 11:03 am
 
Forum: Investing - Help with Personal Investments
Topic: Allocating correctly between 401k and Roth IRA?
Replies: 5
Views: 387

Re: Do market crashes affect different age groups differentl

If you are already in retirement, and are drawing money from your portfolio, then a market crash early followed by a market boom later is worse than a market boom early followed by a market crash later. This is called the "sequence of returns" problem. The reason is that--speaking roughly...
by Perpetual
Thu Jun 27, 2013 3:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Do market crashes affect different age groups differently?
Replies: 16
Views: 1234

Do market crashes affect different age groups differently?

I've heard it being said that market crashes affect different age groups in different ways. One example that gets thrown around often is that the 2008 crash hurt disproportionately those who were about to retire, because they lost the greatest amount and had to postpone their retirement. Another gro...
by Perpetual
Thu Jun 27, 2013 1:56 pm
 
Forum: Investing - Help with Personal Investments
Topic: Do market crashes affect different age groups differently?
Replies: 16
Views: 1234

Re: I think I need to change my car

The only way I would ever get rid of a car is if it was totaled. In your case, I'd recommend keeping the CR-V.
by Perpetual
Fri Jun 14, 2013 10:14 am
 
Forum: Personal Consumer Issues
Topic: I think I need to change my car
Replies: 25
Views: 1955

Re: Getting lower cable rates by threatening to cancel

Why not cancel cable completely?
by Perpetual
Wed Jun 12, 2013 6:23 pm
 
Forum: Personal Consumer Issues
Topic: Getting lower cable rates by threatening to cancel
Replies: 67
Views: 6974

Re: Some questions about personal credit

I was an econ major in college, and we read a lot of studies in my consumer economics class that showed people who use credit cards end up spending significantly more than they otherwise would if they only had debit cards. I've had to dispute only two payments so far, and my bank refunded me the mon...
by Perpetual
Wed Jun 12, 2013 4:50 pm
 
Forum: Personal Consumer Issues
Topic: Some questions about personal credit
Replies: 11
Views: 1323

Some questions about personal credit

My current credit score is 597. To date, I've never had any need to have a high personal credit score. I don't take loans, I'm not planning on buying a house anytime soon, or foresee any similar situation. But I'd still like to be on the safe side and have a high credit score. Some quick info about ...
by Perpetual
Wed Jun 12, 2013 2:21 pm
 
Forum: Personal Consumer Issues
Topic: Some questions about personal credit
Replies: 11
Views: 1323

Re: WiFi 802.11 AC: Is it really faster? Worth It?

Google has some excellent published research that, past around 3Mbps, speed has very little impact on responsiveness of web pages, only downloads. It depends entirely on the web page. Those with a lot of pictures will take a lot longer to load on a slow connection, and streaming content (think Yout...
by Perpetual
Tue Jun 11, 2013 7:22 pm
 
Forum: Personal Consumer Issues
Topic: WiFi 802.11 AC: Is it really faster? Worth It?
Replies: 15
Views: 1113

Republic Wireless - $19 per month, unlimited everything

I'm trying to reduce my monthly spending to be able to save more. I came across Republic Wireless , which boasts $19 per month for unlimited calls, texts and data - and no contract. Has anyone heard of them? The only "catch" seems to be that you have to use it with the phone that comes wit...
by Perpetual
Tue Jun 11, 2013 2:06 pm
 
Forum: Personal Consumer Issues
Topic: Republic Wireless - $19 per month, unlimited everything
Replies: 7
Views: 1075

Re: The Boglehead Car -- What is It?

Hyundai Elantra.

Almost equal build-quality and gas mileage as a Honda or Toyota, but a stunning 10 year/100,000 mile warranty on the drivetrain and 6 year/60,000 on everything else.

Can't beat that.
by Perpetual
Mon Jun 03, 2013 4:31 pm
 
Forum: Personal Consumer Issues
Topic: The Boglehead Car -- What is It?
Replies: 150
Views: 11727

Re: benefit of buying a home now?

Sounds like there are no kids as yet? Keep renting and saving. This. The only time I would even remotely consider buying a house is when kids are about to enter the equation. Even then, I would be on the fence. Contrary to popular belief, there are a lot of great school districts where renting is p...
by Perpetual
Mon Jun 03, 2013 4:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: benefit of buying a home now?
Replies: 20
Views: 2455

Re: Adult "child" moved back home - avoiding failure to laun

I won't comment on the specific rules you came up with. I'm a big picture kind of guy. The main issue seems to be that she doesn't have motivation and direction. There are two things to realize about this. First, the vast majority of kids at that age are like that. If you really think about it, expe...
by Perpetual
Fri May 31, 2013 2:53 pm
 
Forum: Personal Consumer Issues
Topic: Adult "child" moved back home - avoiding failure to launch
Replies: 196
Views: 13012

Transferring retirement accounts to overseas

For the past five years, I have been working in the US on a work visa. Both my 401k and Roth IRA accounts are with Fidelity. Recently, I've started thinking about whether I want to stay in this country in the long term. One of the first things that came to my mind was, "what happens to my retir...
by Perpetual
Wed May 29, 2013 3:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Transferring retirement accounts to overseas
Replies: 2
Views: 712

Re: Just Sold Out. What do you think?

I don't mind being a little crazy. With all due respect, you aren't "a little crazy." You are "extremely crazy." You can't time the market in the manner you described. It sounds like you panicked, and your fear made an emotional decision for you to liquidate everything. There ar...
by Perpetual
Mon May 13, 2013 5:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: Just Sold Out. What do you think?
Replies: 95
Views: 7758

Re: Fidelity has the best customer service I know of

Fidelity is top-notch. I called them three times over the past week, all during regular business hours, and they picked up immediately. Furthermore, each agent I spoke to was extremely knowledgeable about my somewhat-rare situation.
by Perpetual
Mon May 13, 2013 2:19 pm
 
Forum: Personal Finance (Not Investing)
Topic: Fidelity has the best customer service I know of
Replies: 57
Views: 3713

Re: Helping out a parent financially

I would help out my father no matter what. Yeah, this. Same with my mother. I'm an immigrant working in the US. My parents worked hard all their lives to provide for me and my sister, and they went above and beyond our basic needs and also paid for our wants. I could have done just fine in my home ...
by Perpetual
Tue Apr 23, 2013 4:39 pm
 
Forum: Personal Finance (Not Investing)
Topic: Helping out a parent financially
Replies: 18
Views: 1845

Re: Future Divorce

This thread makes me want to never marry...
by Perpetual
Fri Apr 19, 2013 12:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Future Divorce
Replies: 41
Views: 3907

Re: How do I tell how I am doing? (and general advice)

One more thing. Your purchase of Tesla Motors "on a hunch", while just might turn out to be a great investment for you ( I really don't know the answer), is something I'd be careful with. It seems to be close to 5% of your total portfolio (if I'm remembering your original numbers correctl...
by Perpetual
Fri Apr 19, 2013 11:37 am
 
Forum: Investing - Help with Personal Investments
Topic: How do I tell how I am doing? (and general advice)
Replies: 25
Views: 3144

Re: How do I tell how I am doing? (and general advice)

"Are there any wiki articles containing a list of "good" index funds and information about how to choose the right one?" In very general broad terms there are two main approaches: Going simple (using the big three: US total Market, Intl total market, and total bond) or what is k...
by Perpetual
Wed Apr 17, 2013 3:33 pm
 
Forum: Investing - Help with Personal Investments
Topic: How do I tell how I am doing? (and general advice)
Replies: 25
Views: 3144

Re: How do I tell how I am doing? (and general advice)

after a quick look at the performance of FFFHX in the time period given, something is definitely off on Mint. https://www.google.com/finance?q=MUTF:FFFHX You can correct the price paid in Mint by clicking on the Account name (left hand bar), expanding it, then clicking on the Fund name, then the &q...
by Perpetual
Wed Apr 17, 2013 12:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: How do I tell how I am doing? (and general advice)
Replies: 25
Views: 3144

Re: How do I tell how I am doing? (and general advice)

Read up on some of the Wiki Boglehead articles and you might find that you would rather invest with a simple index fund strategy that will have lower expense ratios. I think I picked FFFHX because originally I didn't know much about investing and that's what our CFO recommended. Now that I know abo...
by Perpetual
Wed Apr 17, 2013 12:20 am
 
Forum: Investing - Help with Personal Investments
Topic: How do I tell how I am doing? (and general advice)
Replies: 25
Views: 3144

Re: How do I tell how I am doing? (and general advice)

But something seems off in terms of how Mint is reporting your Fidelity Freedom fund. It shows a cost basis of $90k and a market value that is 39% lower. That is just not right if you've been investing over the last 4 years. Maybe you entered your purchase info incorrectly? That fund somewhat match...
by Perpetual
Tue Apr 16, 2013 7:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: How do I tell how I am doing? (and general advice)
Replies: 25
Views: 3144

How do I tell how I am doing? (and general advice)

I started working (and saving) when I was 24. Now I'm 28. My salary is $60k. Below is a snapshot of everything I have that counts towards my net worth: http://i.imgur.com/BsQmH4t.png Information about my 401K: ⋅ Company matches 50% of up to 15% of salary (I have been maxing this out since ...
by Perpetual
Tue Apr 16, 2013 6:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: How do I tell how I am doing? (and general advice)
Replies: 25
Views: 3144
Next

Return to advanced search