Search found 312 matches

by countofmc
Sun Jun 28, 2015 11:43 pm
Forum: Personal Consumer Issues
Topic: Purchase '98 Toyota Camry?
Replies: 16
Views: 1370

Re: Purchase '98 Toyota Camry?

My dad had a 98 Camry a whiles back.

I am absolutely convinced that generation Toyota Camry is the pinnacle of automobile reliability.
by countofmc
Sun Jun 28, 2015 4:44 pm
Forum: Investing - Theory, News & General
Topic: What ratio are you stocks/bonds and how old are you?
Replies: 230
Views: 13908

Re: What ratio are you stocks/bonds and how old are you?

50/50. I'm 32.

I'm risk adverse (I used to be 30/70 actually). I finally decided 50/50 is the most stock I could stomach, and also liked the simplicity and easy math. My plan is to just stick to 50/50 for a long time.
by countofmc
Sat Jun 27, 2015 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: As a couple in late 30s, how bad are we doing?
Replies: 40
Views: 6168

Re: As a couple in late 30s, how bad are we doing?

OP, as far as how you are doing against your peers. I'd point out the obvious in saying most online anecdotes regarding people's finances skew towards the extremes. Most bogleheads tend to be higher-income higher net worth folks, for any age bracket. Generally people only share their finances online...
by countofmc
Sat Jun 27, 2015 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: As a couple in late 30s, how bad are we doing?
Replies: 40
Views: 6168

Re: As a couple in late 30s, how bad are we doing?

My Californian friends tell me that their homes are their 401(k)s because housing where they live is so expensive all their money goes to pay their mortgages. So they do not have much in their 401(k) and other retirement plans. It seems like you are about average in that regard. If you want to be a...
by countofmc
Sun Jun 14, 2015 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Buying in Bay Area (redux)
Replies: 57
Views: 6764

Re: Buying in Bay Area (redux)

Well if it makes you feel any better, with only 30-45k cash on hand and limiting yourself to the Peninsula, you probably couldn't buy even if you wanted to and could get a mortgage, as cash is king in this market. My wife and I missed the boat by deciding not to buy back in 2009. Now we're basically...
by countofmc
Sat Jun 13, 2015 1:30 pm
Forum: Personal Consumer Issues
Topic: Shipping a bottle of wine as a gift?
Replies: 7
Views: 950

Shipping a bottle of wine as a gift?

So my mother mentioned recently that my father has become quite fond of wine lately and would love a bottle for Father's Day. I am not a wine drinker and know nothing about it. I'm not even sure how one would go about shipping a bottle safely. My parents and I are both in California, so the law seem...
by countofmc
Sat Jun 06, 2015 1:35 am
Forum: Personal Finance (Not Investing)
Topic: Frugal Millionaires Article...Sounds Like Bogleheads
Replies: 80
Views: 11999

Re: Frugal Millionaires Article...Sounds Like Bogleheads

You know, I would like to believe all the hype about "the millionaire next door", and how a working stiff just needs to work, save diligently, and invest wisely to become affluent. But playing devil's advocate, I wonder how many of those millionaires got where they were largely due to jus...
by countofmc
Thu Apr 23, 2015 12:06 am
Forum: Personal Consumer Issues
Topic: [What is safest vehicle on the road today that I can buy?]
Replies: 114
Views: 8416

Re: [What is safest vehicle on the road today that I can buy

https://www.yahoo.com/autos/bp/death-pr ... 24666.html

9 death-proof car models. I'd pick the heaviest of the bunch. That's probably the Sequoia.
by countofmc
Sat Apr 18, 2015 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford [a masters degree]?
Replies: 38
Views: 2990

Re: Can we afford [a masters degree]?

I've been looking to transition into this field as well. I could be completely off-base here, but I have to question a Masters in Data Science. Sort of reminds me of those "Financial Engineering" degrees that seemed to be in vogue in the mid 2000s when quants on Wall Street were hot and co...
by countofmc
Thu Apr 02, 2015 5:04 pm
Forum: Personal Consumer Issues
Topic: Keeping car for 4-5 years: Buy or lease?
Replies: 8
Views: 1183

Re: Keeping car for 4-5 years: Buy or lease?

I disagree with not considering buying a new car. Price a new Civic. Then search for 3 year old Civics. You may find that a new one is actually cheaper. Used car margins are thousands of dollars. New? Hundreds. Yup, this is why I'm not considering a used car. If this was a higher priced model (say ...
by countofmc
Thu Apr 02, 2015 2:34 pm
Forum: Personal Consumer Issues
Topic: Keeping car for 4-5 years: Buy or lease?
Replies: 8
Views: 1183

Keeping car for 4-5 years: Buy or lease?

So I need a car (new) that I will be keeping for no more than 5 years, probably 4-5. Usually this seems like a no-brainer case for a lease, but I'm targeting relatively affordable and slow depreciating compacts - Corolla or Civic. Or maybe a Prius (a bit pricier). 99% sure it will be one of those 3 ...
by countofmc
Mon Mar 30, 2015 5:49 pm
Forum: Investing - Theory, News & General
Topic: Did you learn anything from 2008?
Replies: 105
Views: 9551

Re: Did you learn anything from 2008?

Simply, to see times like that as an opportunity and act accordingly. I was in my mid 20s and just graduated from grad school. The good thing is I didn't really have any money in the market to panic sell. But I also didn't have the guts to utilize the income from my new job to invest or buy a home. ...
by countofmc
Mon Mar 02, 2015 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Work wants me to train for promotion before giving it to me?
Replies: 18
Views: 1531

Re: Work wants me to train for promotion before giving it to

I was a mega Corp engineering manager with 150 people in my division for 8 years. Any staff member who refused any training for any reason was taken off my list of people who were to be considered for a promotion. If you were working for me and you tried to refuse to cover for an employee who was l...
by countofmc
Mon Mar 02, 2015 10:51 pm
Forum: Personal Consumer Issues
Topic: Who's going to Disney this summer?
Replies: 84
Views: 5930

Re: Who's going to Disney this summer?

I'm in my 30s and still enjoy Disney as much as I did as a child... but ONLY if I go during off-season when I can literally walk on to some rides without a wait. Otherwise I just hate waiting upwards of an hour waiting to get on a ride I've ridden 50 times prior.
by countofmc
Mon Mar 02, 2015 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Work wants me to train for promotion before giving it to me?
Replies: 18
Views: 1531

Re: Work wants me to train for promotion before giving it to

My trepidation comes from the fact that my employer has not been necessarily fair to people in this position in the past. One of the reasons my own boss is leaving. They basically put him in the same position they are putting me, and ended up never addressing his compensation despite repeated promi...
by countofmc
Mon Mar 02, 2015 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Work wants me to train for promotion before giving it to me?
Replies: 18
Views: 1531

Re: Work wants me to train for promotion before giving it to

Do you want the promotion or not? Are you worried about not being able to handle the work? It sounds like you have two possibilities: 1. Take on the training and new work and hope that the compensation follows. If it doesn't you will get to the next step which is likely to be having to find a new j...
by countofmc
Mon Mar 02, 2015 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Work wants me to train for promotion before giving it to me?
Replies: 18
Views: 1531

Re: Work wants me to train for promotion before giving it to

Surprising. So you all think it's worth the risk of the company not giving me anything - no promotion, no raise - but just saddling with me with more work? I'm not really too sure how this is a good strategy? I'm all for showing I'm a team player and taking on more work/ responsibilities. I've done...
by countofmc
Mon Mar 02, 2015 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Work wants me to train for promotion before giving it to me?
Replies: 18
Views: 1531

Re: Work wants me to train for promotion before giving it to

Unless this is a place that routinely loads up the work w/o increasing compensation, my recommendation is to jump at it. And even if it is, jump at it anyways b/c once you've shown you can do the work, you're positioned to do it for another company at market rate. Where I work, it's routine for peo...
by countofmc
Mon Mar 02, 2015 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Work wants me to train for promotion before giving it to me?
Replies: 18
Views: 1531

Re: Work wants me to train for promotion before giving it to

Surprising. So you all think it's worth the risk of the company not giving me anything - no promotion, no raise - but just saddling with me with more work? I'm not really too sure how this is a good strategy? I'm all for showing I'm a team player and taking on more work/ responsibilities. I've done ...
by countofmc
Tue Feb 17, 2015 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Career changer and choosing best option?
Replies: 41
Views: 3732

Re: Career changer and choosing best option?

Just spitballing here, but is there a "trade" you could pick up fairly quickly/cheaply that would enable you to basically employ yourself? All your options still entail working for someone else, while it seems like working for yourself would at least negate the job insecurity / age discrim...
by countofmc
Tue Feb 03, 2015 11:00 am
Forum: Personal Finance (Not Investing)
Topic: What exactly is "wealthy?"
Replies: 47
Views: 4467

Re: What exactly is "wealthy?"

Basically a version of Gordon Gekko's quote in Wall Street: "And I'm not talking a $400,000 a year working Wall Street stiff flying first class and being comfortable, I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, bud...
by countofmc
Sun Jan 25, 2015 11:29 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 945
Views: 195006

Re: What experts say about $5,000 watches

Ironically, a Rolex should be THE Boglehead watch. It's actually on the lower end of the price range for what you get - in-house movement, all-Swiss manufacture, history, pedigree, reliability, build quality. Your average sports Rolex is quite a ways cheaper than say an AP or Patek. You get one, it ...
by countofmc
Sun Jan 18, 2015 1:50 pm
Forum: Personal Consumer Issues
Topic: Honda Civic vs Fit Safety Question
Replies: 55
Views: 3808

Re: Honda Civic vs Fit Safety Question

As others have stated, small cars aren't the safest on the road. Physics, insurance claims data, crash tests, etc. bear this out. As both the Civic and Fit are small cars, I don't think safety should be the differentiator, especially if we are talking about new cars with newer safety equipment. To u...
by countofmc
Tue Jan 13, 2015 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Poll - How much is enough / what's your number?
Replies: 79
Views: 8212

Re: Poll - How much is enough / what's your number?

What difference does it make? Polls like this are meaningless. What difference does this make? Posts like this are meaningless. Now to answer the OP, I'd say $3 million would be enough for my wife and myself to retire today, even in our early 30s. But even if we had that, we'd probably still work. ...
by countofmc
Sun Jan 11, 2015 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy house in bay area (CA) now (South Bay)
Replies: 6
Views: 1580

Re: Should I buy house in bay area (CA) now (South Bay)

I moved to the Bay Area about 6 years ago. I was thinking of purchasing a home back then, and kick myself for not pulling the trigger. As much as home prices have risen since then, I personally think prices will continue to rise. The rate of increase will probably cool off, but I'd think the long-te...
by countofmc
Sun Jan 04, 2015 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Early withdrawal of Rollover IRA
Replies: 4
Views: 540

Early withdrawal of Rollover IRA

My wife has a fairly modest amount ( > $3000) in a Rollover IRA (From a 401k of an old employer). It's a small amount and the only account we have with that specific brokerage, so we often forget about it. As such I was thinking of just withdrawing the amount, setting aside 1/2 for taxes/penalties, ...
by countofmc
Sun Jan 04, 2015 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Chromebook dedicated to finances?
Replies: 62
Views: 4423

Re: Chromebook dedicated to finances?

Sorry to hijack the thread somewhat, but I've heard using "guest" mode on a Macbook can also be a fairly safe way to browse websites and such. That's kind of what I've been doing, if I need to log on to financial websites, I go into the guest mode on my mac. Any thoughts on the validity of...
by countofmc
Wed Dec 31, 2014 11:23 pm
Forum: Personal Consumer Issues
Topic: Car shuts off while driving - death, dealers, & liability
Replies: 47
Views: 5519

Re: Car shuts off while driving - death, dealers, & liabilit

I would take it step by step and continue to escalate the issue until I get a satisfactory conclusion. First, I'd stop driving the car. If this is not an option (you cannot afford a long term rental, no public transportation, etc) I'd ONLY drive it around carefully at low speed around town on predic...
by countofmc
Sun Dec 07, 2014 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: High(ish) earner; spending too much?
Replies: 71
Views: 9633

Re: High(ish) earner; spending too much?

How do you spend 50k on vacations?
by countofmc
Sun Dec 07, 2014 3:50 pm
Forum: Personal Consumer Issues
Topic: Returning to college at age 32: Help picking a major
Replies: 19
Views: 1336

Returning to college at age 32: Help picking a major

So I'm actually asking this on behalf of a good friend of mine. We've been friends since high school, and have kept in touch since then. While myself and most of my peers after high school went to college, this friend did the "LA thing". He moved to Los Angeles in the hopes of becoming an ...
by countofmc
Fri Dec 05, 2014 3:40 pm
Forum: Personal Consumer Issues
Topic: Exercise machine for small apartment?
Replies: 21
Views: 2298

Re: Exercise machine for small apartment?

Perhaps my thinking is simplistic, but it seems like the stairs are a built in cardio exercise for someone who lives on the top floor of a complex, and totally free as well. Make it a challenge to see how many reps you can do if you need motivation. Reminds me of my college days, I lived on the 8th...
by countofmc
Thu Dec 04, 2014 5:47 pm
Forum: Personal Consumer Issues
Topic: Exercise machine for small apartment?
Replies: 21
Views: 2298

Re: Exercise machine for small apartment?

Man, I love rowing, but that Concept Rower is a bit expensive for my taste. Had no idea they were that pricey!

For those of you who use dumbbells. For adjustable dumbbells, is Powerblock still the gold standard (I had a pair 10 years ago)? Or are there better ones out now?
by countofmc
Thu Dec 04, 2014 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 226
Views: 48612

Re: Share your networth progression

My progression: 1/1/09: -$210K (started working this year) 1/1/10: -$120K 1/1/11: -$35K 1/1/12: $150K 1/1/13: $300K 1/1/14: $510K 8/1/14: $690K (retired) I averaged income a bit over $200K/year and had substantial investment/trading gains to help. If you include my wife's assets, we are over $1mn. ...
by countofmc
Wed Dec 03, 2014 11:21 pm
Forum: Personal Consumer Issues
Topic: Exercise machine for small apartment?
Replies: 21
Views: 2298

Exercise machine for small apartment?

Looking for recommendations for a good exercise machine I can have in my small 1 br apt. I'd like to have it for a quick workout for those days I don't make it out to the gym. I live on the top floor now, so noise considerations matter as well. I used to have a set of adjustable dumbbells and a weig...
by countofmc
Tue Nov 18, 2014 6:26 pm
Forum: Personal Consumer Issues
Topic: Apple Stores - do they try to be awful?
Replies: 41
Views: 6491

Re: Apple Stores - do they try to be awful?

I wonder if this is a generational thing. I'm in my early 30s, and I prefer to be ignored when I walk into stores. If I need help, I just ask for it. As Apple customers my skew young, maybe this is why they act somewhat aloof. In addition, most people I know just use the stores as showrooms, much li...
by countofmc
Tue Nov 18, 2014 12:00 am
Forum: Investing - Theory, News & General
Topic: 27 yr old reaches $1m net worth [Update: With lies.]
Replies: 56
Views: 13598

Re: 27 yr old reaches $1m net worth [Update: with inheritanc

FWIW, my friend had >$1million at 27 w/o any inheritance (high-paying job + got lucky picking stocks). AFAIK I have no friends (I'm in my early 30s) that have a million, but I know quite a few that probably have about half of that thanks to buying homes here in the Bay Area during the 2009-2011 per...
by countofmc
Sat Nov 15, 2014 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Need help for spending hard-earned money wisely
Replies: 18
Views: 2829

Re: Need help for spending hard-earned money wisely

I'm of East Asian descent as well, so I do understand some of the cultural factors going into your decision to help out your parents. Assuming you are from Japan, Korea, or China (apologies if not), I have read many articles recently that despite cultural factors, things are tough for people in thei...
by countofmc
Wed Nov 12, 2014 7:06 pm
Forum: Personal Consumer Issues
Topic: Great camera to take pics?
Replies: 44
Views: 6641

Re: Great camera to take pics?

RX100 Mark I. Seen it as low as $399, maybe lower.

I get pictures just as good as a APS-C DSLR with decent lens.

Can also get very good low-light shots if you stay on the wide end and use the f/1.8.
by countofmc
Fri Nov 07, 2014 12:04 pm
Forum: Personal Consumer Issues
Topic: Merc or BMW?
Replies: 60
Views: 7659

Re: Merc or BMW?

I had a 3-series for about 6 years, a sibling has owned a C-class for about 5 years as well. Both have been fairly reliable in the sense that neither car has left anyone stranded anywhere or anything like that. But yes, routine maintenance and repairs are EXPENSIVE, when compared to Japanese counter...
by countofmc
Wed Nov 05, 2014 12:15 pm
Forum: Investing - Theory, News & General
Topic: 27 yr old reaches $1m net worth [Update: With lies.]
Replies: 56
Views: 13598

Re: 27 yr old reaches $1m net worth

I really enjoyed that article, as I have tried to follow a similar path. This guy is much more determined and has achieved much better/quicker results than I've had though. I also started maxing out a Roth IRA at 18 and was determined to become a millionaire by age 30 from a very young age after st...
by countofmc
Wed Nov 05, 2014 11:46 am
Forum: Personal Consumer Issues
Topic: Re-buying a car I previously sold
Replies: 3
Views: 1203

Re: Re-buying a car I previously sold

I'll bump this just once.
by countofmc
Wed Nov 05, 2014 11:44 am
Forum: Investing - Theory, News & General
Topic: 27 yr old reaches $1m net worth [Update: With lies.]
Replies: 56
Views: 13598

Re: 27 yr old reaches $1m net worth

Good for him, but I think it would behoove him to stop broadcasting to everyone how much money he has. Be proud of your accomplishments, but don't stroke your ego by telling everyone how rich you are. Seems like his intention is to gain publicity for his website. He's probably trying to be the next...
by countofmc
Tue Nov 04, 2014 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Too much house?
Replies: 10
Views: 2261

Re: Too much house?

Which neighborhood and how far is it from your job?
by countofmc
Tue Nov 04, 2014 7:39 pm
Forum: Investing - Theory, News & General
Topic: 27 yr old reaches $1m net worth [Update: With lies.]
Replies: 56
Views: 13598

Re: 27 yr old reaches $1m net worth

A lot of real estate equity in there. Most likely overstated. I review personal financial statements every day and most people are delusional about what their real estate is worth. Looks like he has two properties, and the bulk of the equity is tied to property one. Says he purchased the condo in S...
by countofmc
Tue Nov 04, 2014 6:22 pm
Forum: Investing - Theory, News & General
Topic: 27 yr old reaches $1m net worth [Update: With lies.]
Replies: 56
Views: 13598

Re: 27 yr old reaches $1m net worth

nelson1015 wrote:A lot of real estate equity in there.


Well even without that he's almost at $500k, which is very impressive for a person his age.

Terrific story.
by countofmc
Sun Nov 02, 2014 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: how am I doing?
Replies: 36
Views: 4896

Re: For a 31.5 year old single guy, how am I doing?

BTW, don't beat yourself up over the car loan. A lot of the frugal minded will tell you to purchase a used car for $5000, but when you are a young guy in your early 30s, who the heck wants to do that? Let me guess, you bought come fun entry-level luxury car like a BMW 3 series or Audi A4 right? The ...
by countofmc
Sun Nov 02, 2014 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: how am I doing?
Replies: 36
Views: 4896

Re: For a 31.5 year old single guy, how am I doing?

I think you are doing fine. As far as not being able to afford a home here (I live in the Bay Area as well), that seems more of a choice thing for you than a financial thing. That money sitting overseas would be a good down payment, and your income would be enough for a mortgage payment on something...
by countofmc
Fri Oct 31, 2014 11:03 pm
Forum: Personal Consumer Issues
Topic: Re-buying a car I previously sold
Replies: 3
Views: 1203

Re: Re-buying a car I previously sold

Nope, family transfers are exempt from smog requirement!
by countofmc
Fri Oct 31, 2014 1:51 pm
Forum: Personal Consumer Issues
Topic: Re-buying a car I previously sold
Replies: 3
Views: 1203

Re-buying a car I previously sold

Just a couple of months ago, I sold one of our cars to my parents. In California this is a family transfer so avoids sales tax and some other stuff. My parents have had a sudden change of circumstances so need to sell that car, so I've offered to buy it back from them. Looks to be the same thing, a ...

Go to advanced search