Search found 762 matches

by investingdad
Wed Jun 10, 2015 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Has Anyone Chosen Work Life Balance over Extra Money?
Replies: 101
Views: 10502

Re: Advice Needed - Has Anyone Chosen Work Life Balance over Extra Money?

I'm not quite in the same position as you are currently, but here's a quick summary: - wife and I both work - combined, all in compensation, between 210K and 235K a year - two kids in grade school - one of us works from home one day a week - both of us enjoy great work life balance - one has a 40 to...
by investingdad
Mon Jun 08, 2015 1:06 pm
Forum: Personal Consumer Issues
Topic: Buying a New Construction Home - what do I need to consider
Replies: 32
Views: 2897

Re: Buying a New Construction Home - what do I need to consider

Wow, that's really slimy. It reinforces the need to look at the recorded Deed or Plan book at your local Recorder of Deed's office (or online if you can). I know that the woodland behind us is "open space" that is deeded to a trust in perpetuity and is not subject to further subdivision o...
by investingdad
Mon Jun 08, 2015 12:05 pm
Forum: Personal Consumer Issues
Topic: Buying a New Construction Home - what do I need to consider
Replies: 32
Views: 2897

Re: Buying a New Construction Home - what do I need to consider

When a builder's map notes "conservation land", ask who owns that land. We considered getting a house built and we really like woods behind us. I noted that lots I liked were noted as conservation land. I asked and the agent brought out a manager who admitted that not only was it not owne...
by investingdad
Mon Jun 08, 2015 9:16 am
Forum: Personal Consumer Issues
Topic: Buying a New Construction Home - what do I need to consider
Replies: 32
Views: 2897

Re: Buying a New Construction Home - what do I need to consider

[*]We are in CO which does have radon issues. The builder offers a passive radon mitigation system at the time of construction that is supposed to be more effective than radon mitigation that is added after construction is completed. My realtor says that about 75% of houses which are tested for rad...
by investingdad
Fri Jun 05, 2015 8:53 pm
Forum: Personal Consumer Issues
Topic: What do you do to relax just after returning from work
Replies: 59
Views: 6057

Re: What do you do to relax just after returning from work

Sometimes watching from the sidelines at my kids' soccer practices, relaxing on a folding chair.

Sometimes sitting on the deck enjoying the nice views with a beer with my wife.

Sometimes playing some tennis.
by investingdad
Mon Jun 01, 2015 12:12 pm
Forum: Personal Consumer Issues
Topic: Kids and TV Viewing - Your Thoughts?
Replies: 28
Views: 2613

Re: Kids and TV Viewing - Your Thoughts?

Our live-in 12 year old grandson does not watch TV, but spends most of his free time playing video games on Ipad, computer and a handheld device hooked up to a 64 inch TV. Since he is a honor student and does school homework first, we do not limit his video games often, which seems to be not so goo...
by investingdad
Mon Jun 01, 2015 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Your opinion on realistic income to live in a $1 million home?
Replies: 144
Views: 11791

Re: Your opinion on realistic income to live in a $1 million home?

I can only share our experience. We make, combined, about 205K salary with some small, variable bonus on top of that. We built a new house a couple of years ago that cost 360K and we took out a 30 year mortgage for 240K. Property taxes are about 9K per year. Plenty big for us, about 3200 ft2...exclu...
by investingdad
Mon Jun 01, 2015 8:00 am
Forum: Personal Consumer Issues
Topic: Kids and TV Viewing - Your Thoughts?
Replies: 28
Views: 2613

Kids and TV Viewing - Your Thoughts?

I'm curious what the parents on here think about TV and viewing habits of their kids. I grew up watching the standard cartoon fare of the late 70s and early 80s and was allowed to watch sitcoms and such. Naturally, there was to tablet technology or shows on demand. And the standards of what could be...
by investingdad
Fri May 29, 2015 12:20 pm
Forum: Personal Consumer Issues
Topic: Best way to learn tennis for adult
Replies: 29
Views: 1896

Re: Best way to learn tennis for adult

I would visit a local tennis club and ask them what they have available. There are many programs/clinics at clubs for all levels. I disagree that tennis is not a "log-term" activity. First, I would say many tennis players who get hurt don't take proper care of themselves. Staying healthy ...
by investingdad
Fri May 29, 2015 12:14 pm
Forum: Personal Consumer Issues
Topic: Best way to learn tennis for adult
Replies: 29
Views: 1896

Re: Best way to learn tennis for adult

There are a few avid tennis players on here and I'm sure they will chime in. I played tennis from middle school through my late 20s. I then dropped the sport until very recently (I'm now in my early 40s) and have been enjoying the game again. I'm happy to say I'm playing just as good now as I did wh...
by investingdad
Thu May 28, 2015 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: "Retiring" and Age Discrimination
Replies: 35
Views: 4559

Re: "Retiring" and Age Discrimination

How does age discrimination fit in here? Employees in their 20s and 30s probably won't be offered incentives to leave, yes. It sounds to me as if you just answered your own question. I was wondering as I wrote that. So we can have both legal and illegal age discrimination, I suspect. Perhaps the OP...
by investingdad
Thu May 28, 2015 11:56 am
Forum: Personal Finance (Not Investing)
Topic: "Retiring" and Age Discrimination
Replies: 35
Views: 4559

"Retiring" and Age Discrimination

So I have a question for the board members that are more informed about this sort of thing than I am. My company (a large, public corporation) has been restructuring itself for some time now. There have been targeted layoffs but within my group (considered part of the core compentency of the company...
by investingdad
Tue May 26, 2015 7:03 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Investment, Dave Ramsey Way?
Replies: 15
Views: 1634

Re: Roth IRA Investment, Dave Ramsey Way?

I am 30yrs old with 10k in my IRA (Just started last year). I am a big advocate of Dave Ramsey. But recently I have been noticing that investors and financial advisors don't agree with his investment practices. Up to this point I have the following in my Vanguard IRA 50% VWIGX Vanguard Internationa...
by investingdad
Tue May 26, 2015 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Anyone met with Fidelity Advisor before?
Replies: 19
Views: 2626

Re: Anyone met with Fidelity Advisor before?

Are you able to attach link to excell template for retirement calc? Always interesting to see how other people set it up. Honestly, there's not much to see. It took me about 5 minutes to create it here at work since my regular one is on my home computer. It's just the value of our portfolio at our ...
by investingdad
Tue May 26, 2015 6:35 am
Forum: Personal Finance (Not Investing)
Topic: Anyone met with Fidelity Advisor before?
Replies: 19
Views: 2626

Anyone met with Fidelity Advisor before?

Through my employer I'm entitled to a free, one hour consultation with a Fidelity advisor here at my employer's office. Fidelity administers our retirement plans so that's the reason why. I went ahead and booked said consultation. They are offering advice for whatever your stated goals are...college...
by investingdad
Wed May 20, 2015 7:53 am
Forum: Personal Consumer Issues
Topic: How much can I spend on a car?
Replies: 157
Views: 9600

Re: How much can I spend on a car?

So when I was 22 and right out of college (in 1995/1996) I was making 33K a year. I really wanted, and bought, a Honda del Sol. It cost me about 16K, about half my gross salary. I was NOT living at home, I had an apartment. And let me tell you, I REALLY struggled with paying my bills, my rent, my ca...
by investingdad
Mon May 18, 2015 10:40 am
Forum: Investing - Theory, News & General
Topic: Let's hear your Dave Ramsey success stories
Replies: 79
Views: 12559

Re: Let's hear your Dave Ramsey success stories

I've listened to Dave's show. As others alluded to, it's not just the message...it's how it's presented. Some boring guy that drones on about paying off debt isn't very exciting. But Dave does a good job providing an entertaining platform, letting real people talk to him about their situations, and ...
by investingdad
Mon May 18, 2015 10:35 am
Forum: Investing - Theory, News & General
Topic: Teaching 8 year old about stock market...
Replies: 22
Views: 1579

Re: Teaching 8 year old about stock market...

Yes, my 10 year old daughter was 9 when she asked me about how my wife and I invest money and what that means because she's overheard us talking about it. I explained to her that companies sometimes need more money than they have in order to make their business grow even bigger. So what those compan...
by investingdad
Mon May 18, 2015 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Time to reach 1M and 2M milestones
Replies: 74
Views: 12739

Re: Time to reach 1M and 2M milestones

My wife and I each started saving / investing for retirement at age 22 (we met in our mid 20s). We reached $1 million at 38 so...sixteen years was how long it took us. I'm turning 42 this summer and am estimating we may break $2 million around 42 or, more likely, 43 based on our current net, so call...
by investingdad
Sat May 16, 2015 8:02 am
Forum: Personal Consumer Issues
Topic: Home Prices Are Way Too High
Replies: 26
Views: 3981

Re: Home Prices Are Way Too High

Non7WoodUser wrote:Renting is still a better option.

I could never get what I want in a rental house for my wife and kids. So I disagree.
by investingdad
Fri May 15, 2015 10:56 am
Forum: Personal Consumer Issues
Topic: Buying a New Construction Home - what do I need to consider
Replies: 32
Views: 2897

Re: Buying a New Construction Home - what do I need to consider

Good points on understanding how the open space and golf course are deeded. I spent a ton of time investigating the open space behind me, which is untouched woodland that goes down to a really big creek. I learned that it's held in permanent trust by the original builder and is permanetly protected ...
by investingdad
Fri May 15, 2015 9:04 am
Forum: Personal Consumer Issues
Topic: Buying a New Construction Home - what do I need to consider
Replies: 32
Views: 2897

Re: Buying a New Construction Home - what do I need to consider

My husband and I are considering buying a lot in a development and having a semi-custom home built. The development is a large planned community with golf course, club (gym/pool/spa), seven different "neighborhoods" with different characteristics. We are looking at lots in one of two neig...
by investingdad
Tue May 12, 2015 8:39 pm
Forum: Personal Consumer Issues
Topic: How much can I spend on a car?
Replies: 157
Views: 9600

Re: How much can I spend on a car?

I couldn't wait to move out and I relished the freedom that brought. I doubt much has changed in 20 years...find an apartment and buy an inexpensive car.

Just got out of a relationship and living at home? Blech....pass.
by investingdad
Mon May 04, 2015 12:11 pm
Forum: Personal Consumer Issues
Topic: What happens if you violate an HOA?
Replies: 35
Views: 3723

What happens if you violate an HOA?

As the title suggests, what happens if you violate an HOA in your community? Let me start by saying that our HOA is pretty loose in its rules, providing only minimal guidance on what is and is not permitted in our development. It focuses mostly on things like...no chain link fences, sheds must match...
by investingdad
Fri May 01, 2015 10:09 pm
Forum: Personal Consumer Issues
Topic: 2 Days in Bangkok
Replies: 17
Views: 1354

Re: 2 Days in Bangkok

One Night in Bangkok...

I always liked that song. A lot of people don't know it's about chess.
by investingdad
Fri May 01, 2015 9:02 am
Forum: Personal Finance (Not Investing)
Topic: The Engineer's Guide to Investing
Replies: 32
Views: 3265

Re: The Engineer's Guide to Investing

I am not an engineer but had several in the family. These are the points worth repeating: (1) high earnings during early career: save and invest as much as you can and let time work in your favor (2) do not fall in love with your company stock: if it is part of your compensation, diversify out of i...
by investingdad
Fri May 01, 2015 8:58 am
Forum: Personal Finance (Not Investing)
Topic: The Engineer's Guide to Investing
Replies: 32
Views: 3265

Re: The Engineer's Guide to Investing

As an engineer, my plan 1) Max out my 401k 2) Get out of debt 3) Max out my HSA 4) Max out my Roth 5) Contribute as much as I can to other investment vehicles 6) Go to work, wait until retirement, and reap the rewards I can assure you that this plan works. If you marry somebody on the same page and...
by investingdad
Sun Apr 26, 2015 8:09 pm
Forum: Personal Consumer Issues
Topic: How far away from a freight railroad track should you live?
Replies: 51
Views: 4017

Re: How far away from a freight railroad track should you li

I grew up in a small town and we were about a quarter mile from the tracks. Because I grew up listening to the train whistles, I actually enjoyed them. I used to visualize which set of crossings the trains were at when laying in bed at night with the windows open. So they don't bother me...other noi...
by investingdad
Sun Apr 26, 2015 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Nice Round Number reached tonight
Replies: 32
Views: 5187

Re: Nice Round Number reached tonight

Congrats! I second the idea of telling your wife you went all in on a " sure thing " and lost it all! Blame it on peer pressure! I am surprised at your agressive asset allocation! How did you arrive at 83/17? I feel like I am being agressive with a 60/40 portfolio at 43 yrs old! :D "...
by investingdad
Sat Apr 25, 2015 9:12 pm
Forum: Personal Consumer Issues
Topic: [new position, facing an] hour commute (each way)
Replies: 52
Views: 3774

Re: does anyone have an hour commute (each way?)

compensation is far better - doubles my savings. commute is a little far. but hours are an hour or so less, so time wise, not as much. I am looking for tips. Used prius sounds great - or a diesel E class. satellite radio. I used to drive the distance you're looking at in the Philly area. Did it for...
by investingdad
Sat Apr 25, 2015 6:44 am
Forum: Personal Finance (Not Investing)
Topic: Hypothetical "Can he pull the plug?" [Retire early]
Replies: 39
Views: 3833

Re: "Assuming" could be a mistake.

Say further his employer has told him that his position will be eliminated in the next 6-18 months. He has not been given a termination notice yet. He assumes there will no severance package that will greatly enhance his situation if it comes to that, and no early retirement incentives. If I were t...
by investingdad
Mon Apr 20, 2015 9:36 am
Forum: Personal Finance (Not Investing)
Topic: One Spouse Outearning the Other?
Replies: 64
Views: 5926

One Spouse Outearning the Other?

http://money.cnn.com/2015/04/20/pf/couples-earnings-difference/index.html?iid=HP_LN The above article was on CNN this morning. My take was that it was more along the lines of, "what happens when the wife/gf outearns the husband/bf", type of article. My former girlfriend, now wife of 13 yea...
by investingdad
Sun Apr 19, 2015 7:45 pm
Forum: Personal Consumer Issues
Topic: Car for teenager
Replies: 52
Views: 3278

Re: Car for teen ager

She uses either bus or we provide her a ride. Car will make it easier and I can afford it. However my question was more around do folks give car at high school? Do they see issues related to safety or indiscipline if kids get cars in high school? Does it become an issue when they go to college say ...
by investingdad
Fri Apr 17, 2015 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: engineers - please help with engineering school selection
Replies: 185
Views: 12579

Re: engineers - please help with engineering school selectio

I'll only say this since I posted earlier.... ...I majored in chemical engineering and squeaked by with a C+ average in my major. I studied a lot and I partied a LOT as well. I'm doing pretty well these days with regard to salary. Best memories are from the times spent lowering my GPA. I wouldn't do...
by investingdad
Fri Apr 17, 2015 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: engineers - please help with engineering school selection
Replies: 185
Views: 12579

Re: engineers - please help with engineering school selectio

As a chemical engineer that attended a party school that also is well respected for its engineering programs (believe it or not, those two can coexist)...I stronly encourage your son to think about which place he'd enjoy living at. Engineering is a tough program. From your post, it sounds like he'll...
by investingdad
Thu Apr 16, 2015 8:50 pm
Forum: Personal Consumer Issues
Topic: How do you quickly cool food?
Replies: 34
Views: 2737

Re: How do you quickly cool food?

Do you have access to liquid Nitrogen?

Or better yet, liquid Helium.
by investingdad
Tue Apr 14, 2015 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Does your family know about your net worth (ball park)?
Replies: 98
Views: 11980

Re: Does your family know about your net worth (ball park)?

From looking at the recent annual income poll result, I think most BHs are already millionaires or will become one. Q1. Does your family (parents, siblings) know about your net worth (ball park figure)? Q2. Do you know their net worth? Q3. How does knowing one's net worth affect family relationship...
by investingdad
Mon Apr 13, 2015 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Talking to People About Retirement
Replies: 70
Views: 7092

Re: Talking to People About Retirement

It's funny...my employer offers financial workshops through Fidelity. One is for people that don't know how to get started saving for retirement, one is for people looking for portfolio advice, and another is for people getting ready to transition to retirement and want advice on how to start genera...
by investingdad
Sat Apr 11, 2015 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Nice Round Number reached tonight
Replies: 32
Views: 5187

Re: Nice Round Number reached tonight

Our asset allocation is 83/17. I've been trying to increase the bond ratio over the last few years and get to 75/25 as we close in on fifty. Still have time for that.

As to my wife, she just looks at it as a number that could fizzle out tomorrow so she doesn't get real excited about increases.
by investingdad
Sat Apr 11, 2015 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Nice Round Number reached tonight
Replies: 32
Views: 5187

Re: Nice Round Number reached tonight

4nursebee wrote:TINK?


Question on kids? We have two in grade school.
by investingdad
Fri Apr 10, 2015 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Two Comma Club
Replies: 66
Views: 9618

Re: Two Comma Club

Congrats and well done!
by investingdad
Fri Apr 10, 2015 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Nice Round Number reached tonight
Replies: 32
Views: 5187

Re: Nice Round Number reached tonight

lumberingc wrote:[OT comment removed by admin LadyGeek]

Thanks...interesting note...I saw your post about saving for a house. You and your wife earn more than we do. :happy
by investingdad
Fri Apr 10, 2015 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Nice Round Number reached tonight
Replies: 32
Views: 5187

Nice Round Number reached tonight

Since I can't share this anywhere else and my wife's reaction was a very unimpressed, "uh huh", I just want to say upon updating tonight... $1.8 million. That is NOT bad for 41, no inheritance or windfalls, either. Just my wife and I being on the same page and plugging away as an accountan...
by investingdad
Fri Apr 10, 2015 10:17 am
Forum: Personal Consumer Issues
Topic: Declining to continue Interview Process
Replies: 26
Views: 3475

Re: Declining to continue Interview Process

Did your current employer get wind that you might be a flight risk? Seems like it might be more than coincidental that things suddenly and "unexpectedly turned for the good" at the same time you were interviewing elsewhere. The reason I bring this up is that I've seen this happen time and...
by investingdad
Fri Apr 10, 2015 7:24 am
Forum: Personal Consumer Issues
Topic: Declining to continue Interview Process
Replies: 26
Views: 3475

Declining to continue Interview Process

I'm looking for some feedback on the best way to decline a second interview without burning bridges or leaving negative impressions. I spoke with a company a couple of weeks ago and came away from the interview process feeling pretty good with how things went. It's a company that I could see myself ...
by investingdad
Thu Apr 09, 2015 6:03 am
Forum: Personal Finance (Not Investing)
Topic: Cost of College & Weighing the Merits of Top Schools
Replies: 304
Views: 18970

Re: Cost of College & Weighing the Merits of Top Schools

I think after reading all of this all I know for sure is...there are many roads to Rome.
by investingdad
Tue Apr 07, 2015 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of College & Weighing the Merits of Top Schools
Replies: 304
Views: 18970

Re: Cost of College & Weighing the Merits of Top Schools

My opinion is that it depends what your children intend to do for their careers. If they want to work at big Wall Street Banks, management consulting firms, Big Law firms, become a Supreme Court Justice and/or raise their chances of securing a tenure track academic faculty position then they should...
by investingdad
Tue Apr 07, 2015 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Cost of College & Weighing the Merits of Top Schools
Replies: 304
Views: 18970

Re: Cost of College & Weighing the Merits of Top Schools

My opinion is that it depends what your children intend to do for their careers. If they want to work at big Wall Street Banks, management consulting firms, Big Law firms, become a Supreme Court Justice and/or raise their chances of securing a tenure track academic faculty position then they should...
by investingdad
Sat Apr 04, 2015 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: company limits employer 401k contributions?
Replies: 8
Views: 1124

Re: company limits employer 401k contributions?

Without a doubt it's a case of this HR group not wanting to bother. I got the impression that this company has a "We've always done it that way" mentality in other areas as well. I lost interest early in the interview. If you receive and decline an employment offer, do you plan to tell th...

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