Search found 665 matches

Return to advanced search

Re: Dave Ramsey still defending 12% and still angry at "nerd

Dave Ramsey apparently still gets very angry when questioned about his “12%” assertions, even in mid-2014. For one, he’s wrong, so I don’t see why he is sticking to his guns about 12%. I realize that the subject of Dave Ramsey has been beaten to death here on Bogleheads. But it’s interesting that h...
by YttriumNitrate
Thu Jul 31, 2014 2:39 pm
 
Forum: Investing - Theory, News & General
Topic: Dave Ramsey still defending 12% and still angry at "nerds"
Replies: 38
Views: 3545

Re: How old are you?

Based on the 2014 Boglehead Net Worth Survey , the results should look a little something like this: <21 0.1% 21-25 2.7% 26-30 11.3% 31-35 12.1% 36-40 11.1% 41-45 10.4% 46-50 8.6% 51-55 11.6% 56-60 11.5% 61-65 9.6% 66-70 6.4% 71-75 2.8% 76-80 1.1% 81-85 0.5% 86+ 0.0%
by YttriumNitrate
Wed Jul 30, 2014 7:18 pm
 
Forum: Local Chapters and Bogleheads Community
Topic: How old are you?
Replies: 66
Views: 4221

Re: Possibility of getting sued - what steps to take

Suing a fellow member of a yacht club for your own drunken negligence would be a good way to get ostracized by the other members of the social club...so I would be less worried than if a random drunkard had stopped by and done something stupid.
by YttriumNitrate
Wed Jul 30, 2014 1:37 pm
 
Forum: Personal Consumer Issues
Topic: Possibility of getting sued - what steps to take
Replies: 25
Views: 3609

Re: Stocks: losing money for 20-30 years not uncommon

Some country returns are heavily influenced by one or two very unusual periods. World War II as one example, and in the U.S., the twenty year period from 1980-2000. What would the U.S. long term data look like without this remarkable period? I wonder how this chart would look if the title was "...
by YttriumNitrate
Wed Jul 30, 2014 12:49 pm
 
Forum: Investing - Theory, News & General
Topic: Stocks: losing money for 20-30 years not uncommon
Replies: 43
Views: 3978

Re: Gardening 2014 mid summer update

Here in northwest Indiana, the fruit trees are growing well...the fruit itself not so much. The abundance of rain has the trees putting on a lot of growth, but the cold winter killed many of the fruit buds while the fruit that survived is so-so in part due to the cool weather we've been having. On t...
by YttriumNitrate
Wed Jul 30, 2014 10:29 am
 
Forum: Personal Consumer Issues
Topic: Gardening 2014 mid summer update
Replies: 8
Views: 534

Re: 401(k) contributions

I believe you can contribute up to 80% of your salary to the 401(k), drop your take home pay to almost zero, and live off your savings until 2015. You can also contribute $5500 to a Roth IRA.
by YttriumNitrate
Mon Jul 28, 2014 4:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: 401(k) contributions
Replies: 11
Views: 713

Re: Bathroom remodel, cost per square foot

I recently paid $206 a square foot for a new car. :D I few years ago I did a relatively minor bathroom upgrade with new electrical/water fixtures, a new window, and updated walls. Even ignoring the price of labor, the about of variability in materials is huge. For example, the cheapest sink faucets ...
by YttriumNitrate
Mon Jul 28, 2014 7:35 am
 
Forum: Personal Finance (Not Investing)
Topic: Bathroom remodel, cost per square foot
Replies: 17
Views: 1514

Re: Reducing picture file size in kb

There's a bit of a learning curve, but one of the best free image editing software packages is Gimp.
by YttriumNitrate
Sat Jul 26, 2014 8:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Reducing picture file size in kb
Replies: 14
Views: 624

Re: advise for 24 y/o who just bought Index Universal Life

Google: "Don't buy life insurance from a friend" Interesting results: http://lmgtfy.com/?q=%22Don%27t+buy+life+insurance+from+a+friend%22 Goodness, is there some Booglehead in Mountain View, CA who makes sure all Boglehead posts are indexed by GoogleBot within 5 millisecond of them being ...
by YttriumNitrate
Fri Jul 25, 2014 7:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: advise for 24 y/o who just bought Index Universal Life
Replies: 15
Views: 1066

Re: 500K Sitting in a Bank Account

The way I read this is your grandfather left about 6 years worth of nursing home expenses for your grandmother in a bank account. The average life expectancy of a 90 year old is around 5 years. I'd suggest A) splitting the funds into separate accounts for the FDIC insurance and B) looking for bank a...
by YttriumNitrate
Thu Jul 24, 2014 2:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: 500K Sitting in a Bank Account
Replies: 17
Views: 1587

Re: How much energy does water heater use when I'm not home?

My condo has an electric water heater. I've always shut off the circuit breaker when I go on vacation (typically a week or two) in order to save on electricity when I'm not there. Don't do this in winter if outside temperature could drop below freezing whilst you are away. This makes no sense as th...
by YttriumNitrate
Mon Jul 21, 2014 7:29 am
 
Forum: Personal Consumer Issues
Topic: How much energy does water heater use when I'm not home?
Replies: 32
Views: 2727

Re: how often do you look at your account

I'd say twice a month. Once a month I log into the Fidelity site to pay off my Fidelity Amex card and typically once a month I log in to invest my monthly allotment. I guess there's also a few once a year log ins like the downloading of tax forms and the transferring of taxable funds into the Roth I...
by YttriumNitrate
Sun Jul 20, 2014 10:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: how often do you look at your account
Replies: 70
Views: 3589

Re: How much energy does water heater use when I'm not home?

Are you talking about the breaker in the water heater or in your main condo/house box? A 30 amp circuit breaker in your main box is all of about $6 ($6.44 at Menards not on sale now), and they are easy to swap out when they go bad. Also, instead of completely turning off your water heater you could ...
by YttriumNitrate
Fri Jul 18, 2014 7:26 pm
 
Forum: Personal Consumer Issues
Topic: How much energy does water heater use when I'm not home?
Replies: 32
Views: 2727

Re: Cash out pension?

I think he's using the 4% real growth rate that he could potentially gain if he took the $101k lump sum and invested it today. Yes, but a 0% annual real growth with 10% annual inflation gets him to the same final ratio for the two options as 10% real growth with 0% inflation since he is comparing t...
by YttriumNitrate
Fri Jul 18, 2014 7:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: Cash out pension?
Replies: 30
Views: 1655

Re: Cash out pension?

Pension payout in 2039 at age 62 would be 822/mo for SL - no survivor benefit. This IS NOT inflation adjusted I.e. The 822 will be worth A LOT less in 2039... By my basic calculations, at 4% real growth rate... I don't get why you are using a "real" growth rate when comparing to something...
by YttriumNitrate
Fri Jul 18, 2014 5:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: Cash out pension?
Replies: 30
Views: 1655

Re: Buy a condo for college?

Do your boys want to live with each other in college? Also, do you plan to rent out the other room(s) to other college students?
by YttriumNitrate
Fri Jul 18, 2014 5:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buy a condo for college?
Replies: 29
Views: 2502

Re: Newbie whole life insurance policy question

Thank you for helping me with that! So, just to clarify, even if I will be self-employed making around 200k in a couple of years, WL is still not a good option for me correct? That is correct. When you have the need (wife/kids), buy a million+ of term life and don't forget disability insurance too.
by YttriumNitrate
Wed Jul 16, 2014 7:37 am
 
Forum: Investing - Help with Personal Investments
Topic: Newbie whole life insurance policy question
Replies: 30
Views: 2341

Re: Newbie whole life insurance policy question

This is his reply to me, I post it just to know how to respond to his questions. I likely won't meet in person with him about this as I'm not well informed enough to go toe to toe with him lol. If you folks wouldn't mind taking a look at it I would be extremely grateful! As others have pointed out,...
by YttriumNitrate
Wed Jul 16, 2014 7:28 am
 
Forum: Investing - Help with Personal Investments
Topic: Newbie whole life insurance policy question
Replies: 30
Views: 2341

Re: Bet it ALL on Small Cap Value when you're young

Why not bet it all on 3X leveraged small cap value? Why not 10X leveraged frontier markets small cap value? Simple, the 3x leveraged portfolios are based on 3x movement for a single day, which eventually destroys the value because 10% down followed by 10% up doesn't get you back to where you starte...
by YttriumNitrate
Tue Jul 15, 2014 4:39 pm
 
Forum: Investing - Theory, News & General
Topic: Bet it ALL on Small Cap Value when you're young
Replies: 64
Views: 6219

Re: Safe withdrawal rate > 4% if no heirs & ok to deplete ca

For most years a higher rate than 4% would have survived, but 4% squeaked through in even the worst year, hence the term "safe" being attached to it. We don't know future market results will resemble the past 90 or so years, therefore unless you have good reason to believe you will die we...
by YttriumNitrate
Sun Jul 13, 2014 11:40 am
 
Forum: Investing - Help with Personal Investments
Topic: Safe withdrawal rate > 4% if no heirs & ok to deplete captl?
Replies: 32
Views: 3091

Re: Ditch car and commute to work in 250cc scooter in Raleig

Would love to ditch the car and rid myself of excessive gas prices, high insurance, maintenance costs, etc. Just a money pit, even for a low-end compact car. 250 cc scooters average about 50 to 60 mpg, which while very good is not all that different from subcompacts or a Prius. Also, while scooters...
by YttriumNitrate
Sat Jul 12, 2014 9:00 am
 
Forum: Personal Consumer Issues
Topic: Ditch car and commute to work in 250cc scooter in Raleigh?
Replies: 73
Views: 5359

Re: home seller wants to rent,home insurance challenge

Are you going to have a new rental agreement with the current tenants for the 56 days until they move out? What happens if the renters trash the place in the two months you are their landlord?
by YttriumNitrate
Fri Jul 11, 2014 11:06 am
 
Forum: Personal Consumer Issues
Topic: home seller wants to rent,home insurance challenge
Replies: 10
Views: 1368

Re: Which are the best Chinese ETF's?

Well, for high risk China I like HAO to satisfy my Chinese and Small cap tilting all in one nice package. It's also got a "good" ticker symbol. :D

For more diversification, try GXC.
by YttriumNitrate
Thu Jul 10, 2014 1:32 pm
 
Forum: Investing - Help with Personal Investments
Topic: Which are the best Chinese ETF's?
Replies: 13
Views: 554

Re: 529 plan...with parent as beneficiary?

As more and more people use 529 plans, more and more people will have money left over after their kids finish college. I'm certain there will be a few enterprising "universities" that will come up with fun ways for parents to blow the remaining money in their 529 plans...
by YttriumNitrate
Wed Jul 09, 2014 2:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: 529 plan...with parent as beneficiary?
Replies: 15
Views: 987

Re: Take the money and run? (Pension Buyout Offer)

I was thinking of a more or less typical stock bond split, say roughly 60/40, which might normally have a nominal return of 8%. 60/40 does seem a bit conservative for the time periods we're talking about. Just as a point of reference, the Vanguard 2040 fund (set for retirement 26 years from now) is...
by YttriumNitrate
Wed Jul 09, 2014 7:24 am
 
Forum: Personal Finance (Not Investing)
Topic: Take the money and run? (Pension Buyout Offer)
Replies: 15
Views: 2002

Re: Take the money and run? (Pension Buyout Offer)

Rodc wrote:I suspect 8% could be a little optimistic, in which case $20K is a little light, but it is money in hand.

Interesting, since we're talking about non-inflation adjusted returns I was thinking 8% was a little pessimistic for aggressive 30 year time frame investing.
by YttriumNitrate
Tue Jul 08, 2014 2:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: Take the money and run? (Pension Buyout Offer)
Replies: 15
Views: 2002

Re: Car did not start: To dispose? How?

If you don't want to wait for AAA to show up for the jump start, just pull out the battery from your car and have a friend take you to the nearest AutoZone. They'll test and fully charge your battery for free.
by YttriumNitrate
Mon Jul 07, 2014 2:36 pm
 
Forum: Personal Consumer Issues
Topic: Car did not start: To dispose? How?
Replies: 70
Views: 5553

Re: Easy careers to last me to retirement?

Instead of looking to increase income, have you thought about just decreasing expenses and retiring to some place in the world with a low cost of living?
by YttriumNitrate
Sun Jul 06, 2014 10:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: Easy careers to last me to retirement?
Replies: 92
Views: 13720

Re: Time to buy a tv or wait 2 years?

One key thing to remember about TVs is "one minute of one degree" which is roughly the resolution of the human eye. Sure 4K TVs look great in the store where you're standing close up to them, but that's not the way most people watch TV. From what I recall, I need to be closer than 11 or so...
by YttriumNitrate
Thu Jul 03, 2014 10:17 am
 
Forum: Personal Consumer Issues
Topic: Time to buy a tv or wait 2 years?
Replies: 66
Views: 5787

Re: Improving my credit score

Will you need a conforming loan or a Jumbo loan? At least for Fifth Third, the mortgage rates for conforming loans don't get any better once you hit 740, which likely would happen with just time. https://www.53.com/wholesale-mortgage/wholesale-rate-sheets.html If you plan on getting a Jumbo loan, an...
by YttriumNitrate
Tue Jul 01, 2014 5:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: Improving my credit score
Replies: 34
Views: 1902

Re: Improving my credit score

Why are you worried about your credit score? Are you planning on buying a house sometime? If so, how far in the future will that purchase be made?
by YttriumNitrate
Tue Jul 01, 2014 5:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: Improving my credit score
Replies: 34
Views: 1902

Re: Moving back to the U.S. - Any ideas on a hatchback car?

I've been driving a manual Mitsubishi Mirage for the last 20,000 miles or so. So far I've had no problems with it and usually exceed 50 MPG on the interstate. With 74 horsepower and three cylinders, it won't win any drag racing contests, but it's 25% less expensive than the Fit, gets me where I need...
by YttriumNitrate
Sat Jun 21, 2014 12:30 pm
 
Forum: Personal Consumer Issues
Topic: Moving back to the U.S. - Any ideas on a hatchback car?
Replies: 33
Views: 1995

Re: synthetic motor oil?

Do any Bogleheads have any thoughts about whether or not this is worth the extra expense? I believe some of the newer viscosities of oil (such as 0w-20) are only available as synthetic. If synthetic oil is not required, whether or not it is worthwhile depends on how much extra you're paying. If you...
by YttriumNitrate
Sat Jun 21, 2014 9:21 am
 
Forum: Personal Consumer Issues
Topic: synthetic motor oil?
Replies: 17
Views: 1199

Re: Market Timing Predictions Thread

Prediction:

The Dow will break 100,000 on Tuesday June 21, 2034.
by YttriumNitrate
Fri Jun 20, 2014 9:46 pm
 
Forum: Investing - Theory, News & General
Topic: Market Timing Predictions Thread
Replies: 30
Views: 1835

Re: If I am young, why not invest in a risky fund?

While I do love me some REITS, having over a third of your portfolio in them is a bit too concentrated for my tastes. Also, you should know that many REITs are inversely correlated with interest rates so if these historically low interest rates start to creep back up your REITs will likely go down.
by YttriumNitrate
Thu Jun 19, 2014 4:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: If I am young, why not invest in a risky fund?
Replies: 45
Views: 3174

Re: Argentine Certificate of Deposit

Just check out the exchange rate between US Dollars and Argentine Pesos for the last 10 years. Right now their peso is worth 12 US cents. A year ago it was worth almost 19 cents and two years ago it was worth 22 cents.
by YttriumNitrate
Thu Jun 19, 2014 11:52 am
 
Forum: Investing - Theory, News & General
Topic: Argentine Certificate of Deposit
Replies: 19
Views: 895

Re: First Big Boy Job - Thoughts on Plan?

Jake, welcome to the Boglehead forum...and Boiler Up!* The east coast isn't quite like ole' West Lafayette, eh? Anyways, As Twins Fan suggested I'd probably put 100% into the (relatively) low cost index fund in your 401k while balancing that with a Roth IRA that is heavy on the international exposur...
by YttriumNitrate
Tue Jun 17, 2014 11:01 pm
 
Forum: Investing - Help with Personal Investments
Topic: First Big Boy Job - Thoughts on Plan?
Replies: 9
Views: 1075

Re: No bonds at all.

No bonds at all. What is peoples opion about this. When you are at the accumulating stage 100% equiltys. In retirement get enough annuiltly to have a (floor to live on) and rest in stocks?? Perhaps I'm in the minority here, but I see being 100% in stock equities as very, very different than a "...
by YttriumNitrate
Tue Jun 17, 2014 10:48 pm
 
Forum: Investing - Theory, News & General
Topic: No bonds at all.
Replies: 176
Views: 11874

Re: Bubble, Bubble, Toil and Trouble

It looks like I'm firmly in the Armchair Psychiatrist Bubblers camp. At Christmas gatherings I play of fun game of listening for any financial/investment talk as a sign that something is bubblicious. So far, it has been fairly accurate and the game makes gatherings with the in-laws more tolerable......
by YttriumNitrate
Tue Jun 17, 2014 10:26 pm
 
Forum: Investing - Theory, News & General
Topic: Bubble, Bubble, Toil and Trouble
Replies: 24
Views: 3587

Re: Calling all Cyclists... [help getting into cycling]

Back when I used to commute to work via bicycle, I really liked my 1400 lumen head mounted MagicShine light. That amount of light is overkill for just wanting to see what's in front of you, but it's perfect for helping distracted drivers know you're there.
by YttriumNitrate
Tue Jun 17, 2014 10:20 am
 
Forum: Personal Consumer Issues
Topic: Calling all Cyclists... [help getting into cycling]
Replies: 71
Views: 5160

Re: Should we or shouldn't we make a move at this age?

monrab wrote:It's only a block away but I want to move up now and will pass down the house for my kids.

I believe the old saying is that if you want to see God laugh, tell him about your plans.

You're 40 years old and using this as a reason to justify wanting a more expensive house.
by YttriumNitrate
Mon Jun 16, 2014 2:45 pm
 
Forum: Personal Finance (Not Investing)
Topic: Should we or shouldn't we make a move at this age?
Replies: 37
Views: 2884

Re: Why don't we like Dave Ramesy's investment advice

While Mr. Ramsey doesn't recommend bonds, he is a strong advocate of having rental properties as a part of your portfolio, and rental properties have many bond-like characteristics.
by YttriumNitrate
Sun Jun 15, 2014 7:47 pm
 
Forum: Investing - Theory, News & General
Topic: Why don't we like Dave Ramesy's investment advice
Replies: 50
Views: 5017

Re: Will adding returns cool the upstairs bedrooms?

DC is miserable in the summer. Have you considered:

1. Adding doors between the levels to limit hot air rising to the top floor.
2. Adding a widow unit AC to the top level.
3. Giving up on the top level during the summer and just live on the bottom two.
by YttriumNitrate
Fri Jun 13, 2014 5:29 pm
 
Forum: Personal Consumer Issues
Topic: Will adding [air duct] returns cool the upstairs bedrooms?
Replies: 60
Views: 4867

Re: GoDaddy - Any better options for website hosting?

For my orchard's website, I use 000webhost. It's free and reasonably reliable. One thing is that they make you log into the admin account at least once a month or they will suspend the website.
by YttriumNitrate
Tue Jun 10, 2014 8:24 pm
 
Forum: Personal Consumer Issues
Topic: GoDaddy - Any better options for website hosting?
Replies: 21
Views: 2989

Re: Hiking and Locator Beacon

How about a $500 satellite phone:
http://www.g-comm.us/product/globalstar-gsp-1700/
by YttriumNitrate
Thu Jun 05, 2014 11:09 am
 
Forum: Personal Consumer Issues
Topic: Hiking and Locator Beacon
Replies: 33
Views: 2162

Re: College & PhD vs $250k working

Do peruse the chem blogs out there to see the real world for new graduates... then you might see why so few are pursuing the field... even a sizable number of foreign students are returning home for better prospects. I certainly agree about looking elsewhere. Mid-2000s when I was finishing up my Ph...
by YttriumNitrate
Thu Jun 05, 2014 7:51 am
 
Forum: Personal Finance (Not Investing)
Topic: College & PhD vs $250k working
Replies: 104
Views: 7461

Re: College & PhD vs $250k working

The last 5-10 years have been a horrible time to be a PhD chemist, even those with prestigious pedigrees. Your son really needs to go into this with his eyes open. He is unlikely get a realistic sense of the chemistry job market from research faculty. I'd suggest reading a couple blogs: Chemjobber ...
by YttriumNitrate
Wed Jun 04, 2014 8:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: College & PhD vs $250k working
Replies: 104
Views: 7461

Re: How much of $400K Inheritance into 529 Plans?

--federal tax rate 28%, state tax rate 8.5%, married filing jointly --2 children aged 11 and 12 Assuming your kids are a grade apart, you might not qualify for financial aid the first year, but once the younger one starts the chances improve greatly. If you retire at 67, your income will probably d...
by YttriumNitrate
Wed Jun 04, 2014 6:38 pm
 
Forum: Investing - Help with Personal Investments
Topic: How much of $400K Inheritance into 529 Plans?
Replies: 8
Views: 521

Re: College & PhD vs $250k working

I'm sure CalTech isn't the same, but UCSD chemistry grad students make about $27,000. http://www-chem.ucsd.edu/graduate-program/doctoral-program/phd-financial-support.html From my experiences, the value of the PhD is somewhat proportional to the size of the company you work for. The more rigid the c...
by YttriumNitrate
Wed Jun 04, 2014 3:36 pm
 
Forum: Personal Finance (Not Investing)
Topic: College & PhD vs $250k working
Replies: 104
Views: 7461
Next

Return to advanced search