Search found 779 matches

by investingdad
Mon Aug 24, 2015 10:34 am
Forum: Investing - Theory, News & General
Topic: How long will you"Stay the Course"?
Replies: 99
Views: 7732

Re: How long will you"Stay the Course"?

I won't pretend watching the net worth number in Quicken fall off is easy. It isn't. Shedding 100k in a few days isn't fun. Or easy. But I have a simple strategy to buy steadily during the year and a portfolio mix. My next buy is 1st of September, not doing anything until then. We did nothing in 200...
by investingdad
Sat Aug 22, 2015 12:55 pm
Forum: Investing - Theory, News & General
Topic: How long will you"Stay the Course"?
Replies: 99
Views: 7732

Re: How long will you"Stay the Course"?

It's easy to talk about how you're going to stay the course if the course, in the time you've been sailing it, has had no headwinds. I started investing for retirement in my early 20s. Twenty years later and we still haven't sold anything. Just a little rebalance here and there. We invest biweekly a...
by investingdad
Fri Aug 21, 2015 5:31 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 1935
Views: 341100

Re: U.S. stocks in freefall

I love this thread...it's like Groundhog Day.
by investingdad
Wed Aug 19, 2015 8:51 am
Forum: Personal Consumer Issues
Topic: Tip for the Roofing Crew
Replies: 21
Views: 2829

Re: Tip for the Roofing Crew

I don't think I would.

But I did tip the two guys that assembled my pool table $80 to share between them for about 2.5 hours of work. I also tipped them a $20 when they came back a few months later for some minor adjustments that only took about thirty minutes.
by investingdad
Wed Jul 29, 2015 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Who are you able to share good financial news with?
Replies: 103
Views: 8447

Re: Who are you able to share good financial news with?

At work yesterday I was told that I was getting a raise effective immediately. It was nothing huge, but good enough to get me a little bit excited. I quickly realized that there isn't really anyone you can share this type of information with without sounding like a bragging jerk (perhaps other than...
by investingdad
Sat Jul 25, 2015 6:39 am
Forum: Personal Finance (Not Investing)
Topic: negotiating pain and suffering claim for minor car accident
Replies: 23
Views: 2328

Re: negotiating pain and suffering claim for minor car accident

My attorneys firm will have an initial consultation fee of $100 to discuss what is in my mind. From there, advice is given and I can decide if it makes sense to take on his services or not. You may want to try this route.
by investingdad
Wed Jul 22, 2015 7:40 pm
Forum: Personal Consumer Issues
Topic: Greatest money lesson movie
Replies: 71
Views: 6991

Re: Greatest money lesson movie

My favorite is a video game rather than a movie: Fable 3. You earn money to buy equipment, like in many games, but in Fable you can buy houses and rent them out instead of spending. If you work a little early on and keep reinvesting your rent, later you can afford everything effortlessly. That game...
by investingdad
Fri Jul 17, 2015 9:16 pm
Forum: Personal Consumer Issues
Topic: Baby on the way...yay! Big ticket items, and what do you REALLY need?
Replies: 82
Views: 4755

Re: Baby on the way...yay! Big ticket items, and what do you REALLY need?

Hi All, SOOOOO excited about our little bundle of joy scheduled to arrive on my birthday ( :sharebeer ) this January. Wanted to pick everyone's brain about a couple "big ticket" (or sort of "big decision") items. 1. The crib. We've already decided we're not going the super duper...
by investingdad
Tue Jul 14, 2015 7:48 pm
Forum: Personal Consumer Issues
Topic: Builder wants to put a retaining wall on my property
Replies: 52
Views: 4652

Re: Builder wants to put a retaining wall on my property

cheese_breath wrote:One thing I still don't know... OP, do you WANT a retaining wall, or are you happier with the way it is now? A free wall that you don't want is no bargain.


I'd love a free wall, because...you know...it's a FREE wall. :mrgreen:

There gotta be some good jokes there for the OP to chuckle at.
by investingdad
Tue Jul 14, 2015 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Having Trouble buying big ticket item
Replies: 57
Views: 4620

Re: Having Trouble buying big ticket item

Ask me about the 2500 I saved doing the custom painting and staining myself, which paid for the pool table Doing some work yourself does not actually "earn" any money which buys something else. If you have to fix your car because it does not run I can buy the argument. If you give your ca...
by investingdad
Tue Jul 14, 2015 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Having Trouble buying big ticket item
Replies: 57
Views: 4620

Re: Having Trouble buying big ticket item

Thanks for the thoughtful replies, everyone. I didn't say what the item was in order to avoid the "Rolex" bias we had fun with on another thread not so long ago. And that created some amusing speculation. But I did allude to the item in my other post above. Interestingly, the finished game...
by investingdad
Mon Jul 13, 2015 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Having Trouble buying big ticket item
Replies: 57
Views: 4620

Re: Having Trouble buying big ticket item

pierremonfrere wrote:I'm guessing it's an antique arcade game

:happy

Those sorts of things do look good in game rooms.
by investingdad
Mon Jul 13, 2015 8:51 pm
Forum: Personal Consumer Issues
Topic: Builder wants to put a retaining wall on my property
Replies: 52
Views: 4652

Re: Builder wants to put a retaining wall on my property

If they're offering to do it for free, you can be certain who stands to benefit the most...and who will hold the bag when it fails.
by investingdad
Mon Jul 13, 2015 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Having Trouble buying big ticket item
Replies: 57
Views: 4620

Re: Having Trouble buying big ticket item

Disagree, I have less and less problem spending money if I can afford the item and if I am on track for retirement. I have bought sports cars, etc etc. I still save 40% of my income. I am not going to drive a 1999 camry either. I am on track for retirement. I recently even splurged and got a suite ...
by investingdad
Mon Jul 13, 2015 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Having Trouble buying big ticket item
Replies: 57
Views: 4620

Re: Having Trouble buying big ticket item

bhsince87 wrote:If your wife is not on board, then no, it's not worth it. Doesn't matter what it is.

I agree, which is why I haven't spent the money. :(
by investingdad
Mon Jul 13, 2015 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Having Trouble buying big ticket item
Replies: 57
Views: 4620

Re: Having Trouble buying big ticket item

AZAttorney11 wrote:What's the item? Sounds like a pool table. You can find many pool tables with very little use for less than $7,000.

It isn't, we have one. This item has a fixed price as noted.
by investingdad
Mon Jul 13, 2015 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Having Trouble buying big ticket item
Replies: 57
Views: 4620

Having Trouble buying big ticket item

Per the title, I'm having trouble going ahead on a totally frivolous big ticket purchase. Quick numbers...$7000 item, 210k combined income, about a $1.6 portfolio, and putting close to 60k a year into savings including company matches. Pretty good I think. And that's, what...less than one half of on...
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: 11415

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: 3023

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: 3023

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: 3023

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: 6510

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: 2705

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: 12485

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: 2705

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: 2042

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: 2042

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: 4728

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: 4728

"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: 1722

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: 2748

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: 2748

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: 10247

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: 13085

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: 1657

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: 13023

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: 4069

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: 3023

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: 3023

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: 10247

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: 3911

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: 1436

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: 3345

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: 3345

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: 4321

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: 5284

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: 4060

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: 3955

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: 6075

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: 3476

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 ...

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