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Re: "I've had it" at work - how often

age 38 . 20 years career . software engineer
I have this feeling maybe a couple of times a year. I have also acted on it before when BS got to be too much.
by madbrain
Sun Oct 19, 2014 8:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: "I've had it" at work - how often
Replies: 81
Views: 6197

Re: Anyone cancelling travel plans?

I am not canceling my late December/January travel plans, which involve traveling to Thailand, Vietnam and South Korea and a total of at least 7 flights.

If the epidemic were to spread to those countries, then I might stay home and watch this movie :

https://www.youtube.com/watch?v=DopEzgBk4dA
by madbrain
Sun Oct 19, 2014 8:16 pm
 
Forum: Personal Consumer Issues
Topic: Anyone cancelling travel plans?
Replies: 89
Views: 3981

Re: Anyone cancelling travel plans?

denovo wrote:That's not to say I would cancel any plans because the chance of getting Ebola is very low but I'd much prefer to have the flu over the ebola if those were my only two choices.


Good news - you are far more likely to catch the flu when traveling than ebola.
by madbrain
Sun Oct 19, 2014 8:09 pm
 
Forum: Personal Consumer Issues
Topic: Anyone cancelling travel plans?
Replies: 89
Views: 3981

Re: Anyone cancelling travel plans?

Hopefully some of them will actually be less crowded. Silver linings and all that...... I thought that would be case when I chose to fly on 9/11/2010 - unfortunately, lots of other people had the same idea. I never saw an airport so crowded - and with so many people stopped for "random" s...
by madbrain
Sun Oct 19, 2014 8:08 pm
 
Forum: Personal Consumer Issues
Topic: Anyone cancelling travel plans?
Replies: 89
Views: 3981

Re: need new microwave - what happened to Sharp?

Our Sharp Carousel of 12 years finally gave up the ghost, and I would like to get another one just like it. But it seems to be hard to find the equivalent model now. We need at least 1.6 cu ft and 1100 watts. We just need a standalone, not a built-in or over-range type unit. Today we went to Costco...
by madbrain
Sun Oct 19, 2014 8:02 pm
 
Forum: Personal Consumer Issues
Topic: need new microwave - what happened to Sharp?
Replies: 4
Views: 518

Re: Is Roth 401k better even if future tax bracket is lower?

It can be really difficult to predict your individual future tax bracket/rate. After all, most of us without a time machine don't know about our future income, future IRS tax rates, future IRS tax brackets, future tax laws, etc. Anyone who is saying the Roth 401k is better, or deductible 401k is bet...
by madbrain
Sat Oct 18, 2014 6:55 am
 
Forum: Investing - Help with Personal Investments
Topic: Is Roth 401k better even if future tax bracket is lower?
Replies: 10
Views: 1219

Re: Is Roth 401k better even if future tax bracket is lower?

If you are somebody who maxes out your 401k and IRA contributions, then another advantage of the Roth 401k is that it allows you to effectively put more in tax-advantaged accounts, since $17,500 of after-tax money is worth more than $17,500 of pre-tax money. Uh, yeah, but only if you are willing to...
by madbrain
Sat Oct 18, 2014 6:13 am
 
Forum: Investing - Help with Personal Investments
Topic: Is Roth 401k better even if future tax bracket is lower?
Replies: 10
Views: 1219

Re: If those airline passengers get sick- airline stocks wil

gkaplan wrote:
cvault wrote:have a very VERY bad day.

And it won't just be contained to the airline sector.

What have you done just in case- OTM puts? Gone to cash? Inverse?


Not a thing.



Image
by madbrain
Sat Oct 18, 2014 5:51 am
 
Forum: Investing - Theory, News & General
Topic: If those airline passengers get sick- airline stocks will
Replies: 22
Views: 1566

Re: US REITs: An Expanding Market

Valuethinker wrote:Supply of space is not however fixed: buildings get taller. In London we dig basements as well.


Not so many tall buildings or basements here in California . Concentrate on California REITs ;) ?
by madbrain
Sat Oct 18, 2014 5:40 am
 
Forum: Investing - Theory, News & General
Topic: US REITs: An Expanding Market
Replies: 24
Views: 3073

Re: Is it possible to have a favorite movie

2001, a Space Odyssey .

I wasn't even born when it was released, but I find nothing else that comes close. So I don't have a number 2 favorite movie.

The story, setting, and especially the dialogue with HAL 9000 - everything is just perfect.

I'm sorry Dave, I'm afraid I can't do that.
by madbrain
Fri Oct 17, 2014 10:01 pm
 
Forum: Personal Consumer Issues
Topic: Is it possible to have a favorite movie
Replies: 79
Views: 2634

Re: Your personal risk level: Got your flu shot yet?

do everyone else a favor - if/when you get the slightest hint of the flu - stay the hell away from me and everyone else. In my strong opinion, getting a flu shot IS managing risk. Indeed it is. So is wearing my seatbelt and not texting and driving. But until the flu shot becomes law (or I'm otherwi...
by madbrain
Thu Oct 16, 2014 12:16 am
 
Forum: Personal Consumer Issues
Topic: Your personal risk level: Got your flu shot yet?
Replies: 93
Views: 2925

Re: Your personal risk level: Got your flu shot yet?

No flu shot! Never have, likely never will. Not anti-vaxx crazy, just stubborn crazy. I still drive a car 20,000+ miles per year too. Manage risk or live under a rock. do everyone else a favor - if/when you get the slightest hint of the flu - stay the hell away from me and everyone else. In my stro...
by madbrain
Thu Oct 16, 2014 12:14 am
 
Forum: Personal Consumer Issues
Topic: Your personal risk level: Got your flu shot yet?
Replies: 93
Views: 2925

Re: $72k in 3 fund or a $72k 2 bed/1 bath condo rented

It depends, do you want to buy an investment or a job ?
by madbrain
Wed Oct 15, 2014 10:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: $72k in 3 fund or a $72k 2 bed/1 bath condo rented
Replies: 21
Views: 1465

Re: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rat

Ok fine; let's talk about your decision. You indicated your mortgage is 3.375 percent. You are likely itemizing bringing your current effective rate down to something like around 2.8 percent. I'm in 25% federal / 9.3% state brackets, which is just under 32% combined when accounting for state income...
by madbrain
Tue Oct 14, 2014 11:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rates
Replies: 77
Views: 8716

Re: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rat

And how does it matter that you lost money for 10 years? The point was to show that investing is not risk free, and can results can be bad even for a relatively long period. I mentioned a 13 year time horizon for which I wanted my current mortgage paid off to take early retirement. A 10 year period...
by madbrain
Tue Oct 14, 2014 10:11 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rates
Replies: 77
Views: 8716

Re: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rat

I think the debate on prepaying mortgages is officially over now that Buffett has weighed in. Indeed, his advice is never wrong, and always right for everyone. It's right for anyone who understands how concepts like compound interest and risk work. I'm pretty sure I understand both, and I'm still m...
by madbrain
Tue Oct 14, 2014 10:31 am
 
Forum: Personal Finance (Not Investing)
Topic: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rates
Replies: 77
Views: 8716

Re: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rat

denovo wrote:I think the debate on prepaying mortgages is officially over now that Buffett has weighed in.


Indeed, his advice is never wrong, and always right for everyone.
by madbrain
Mon Oct 13, 2014 11:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rates
Replies: 77
Views: 8716

Re: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rat

thenextguy wrote:Buying a mortage may be going short on rates, but it's going long on housing


Not if it's a cash-out refi mortgage.
Which would be somewhat dumb, given that you may mortgage interest tax deductibility for loan amount over $100k.
by madbrain
Mon Oct 13, 2014 11:36 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rates
Replies: 77
Views: 8716

Re: What have you done to cut costs this year?

cannondale wrote:My Plan:
Move away from the SF Bay Area but keep the salary. That should net me around $15-20k. Now, just have to figure out how to make it happen.


Good luck with that :)
by madbrain
Mon Oct 13, 2014 11:30 pm
 
Forum: Personal Consumer Issues
Topic: What have you done to cut costs this year?
Replies: 105
Views: 8016

Re: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rat

I think people over thinking thus. Buffet isn't dumping money in bonds or CDs. He is buying stock and over 30 years the odds of not getting 4% are pretty low. You might find the liquidity constraints of doing that unacceptable. Having started investing when I started working in the late 1990s, I di...
by madbrain
Sun Oct 12, 2014 11:16 am
 
Forum: Personal Finance (Not Investing)
Topic: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rates
Replies: 77
Views: 8716

Re: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rat

A 3.5% mortgage equates to about 2.8% in the 25% tax bracket. If and only if 100% of your mortgage interest is deductible, and above the standard deduction. For most people, this is not true. I think you should modify that to "most people filing MFJ ". For a single person owning a home, i...
by madbrain
Sun Oct 12, 2014 11:07 am
 
Forum: Personal Finance (Not Investing)
Topic: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rates
Replies: 77
Views: 8716

Re: Suggest an AM - FM Stereo Receiver?

There is an Onkyo TX 905 available on eBay right now for $99 buy it now. The description says new in box with remote and cables. Since you are already familiar with this unit that seems a natural... try $75 and see if the seller bites. There is a 25 year old Onkyo receiver "new in box" ? ...
by madbrain
Sun Oct 12, 2014 10:50 am
 
Forum: Personal Consumer Issues
Topic: Suggest an AM - FM Stereo Receiver?
Replies: 24
Views: 1781

Re: What have you done to cut costs this year?

I've cut my own hair for decades. It really is easy to learn, and then it comes out exactly the way you want it. Plus saves a minimum of $35 a cutting. $35 a cutting ? There are 3 haircut places in my neighborhood that charge $6.99 (before tip). For $35 I can get a haircut plus a manicure and pedic...
by madbrain
Sun Oct 12, 2014 6:26 am
 
Forum: Personal Consumer Issues
Topic: What have you done to cut costs this year?
Replies: 105
Views: 8016

Re: Suggest an AM - FM Stereo Receiver?

I find it hard to believe many will be listening to music from receivers in the future. What's the advantage? With my laptop hooked up to external speakers I can listen to cd's as well as I Heart Radio or Pandora. With the laptop I can get radio from all over the USA, any town, and there's no issue...
by madbrain
Sun Oct 12, 2014 5:59 am
 
Forum: Personal Consumer Issues
Topic: Suggest an AM - FM Stereo Receiver?
Replies: 24
Views: 1781

Re: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rat

While it is possible to invest in a guaranteed (FDIC) vehicle at 3.4% (State Bank of India's recent 10-yr CD comes to mind), and recently 3.3% (Synchrony's 10-yr), the problem is timing. If you have $1000/mo to pay down a 3.375% mortgage (or invest in a similar-yielding, long-term, CD), you may not...
by madbrain
Sun Oct 12, 2014 5:50 am
 
Forum: Personal Finance (Not Investing)
Topic: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rates
Replies: 77
Views: 8716

Re: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rat

However, the guaranteed return argument - while widely held - is simply NOT valid. It totally ignores the opportunity cost of future returns that CANNOT be known in advance. Once you commit that money to prepay the mortgage, it can't be invested several years later in CD yielding 2% more than your ...
by madbrain
Sat Oct 11, 2014 8:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rates
Replies: 77
Views: 8716

Re: Wine - how to keep it from not spoiling?

I have used the Vacu-vin for years. It helps, but still, after 5-7 days, the wine tastes bad, especially red wine. Air is one thing that contributes to the negative change of taste. Light and temperature are others. I'm really surprised no one mentioned light. http://en.wikipedia.org/wiki/Storage_of...
by madbrain
Fri Oct 10, 2014 8:09 pm
 
Forum: Personal Consumer Issues
Topic: Wine - how to keep it from not spoiling?
Replies: 57
Views: 2804

Re: Thrivent Financial Experience

I just read the following article in the print version of Forbes; which discusses Thrivent :

http://www.forbes.com/sites/baldwin/201 ... re-100000/
by madbrain
Fri Oct 10, 2014 6:53 am
 
Forum: Investing - Theory, News & General
Topic: Thrivent Financial Experience
Replies: 7
Views: 930

Re: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rat

mortgage lending standards are tougher than pre-2008. People wrecked their credit, are going between jobs, have unsteady cash flow -- this means you can't get a mortgage And even if you can get one, that doesn't mean you should get the biggest mortgage you qualify for. For me, that is far more debt...
by madbrain
Fri Oct 10, 2014 1:23 am
 
Forum: Personal Finance (Not Investing)
Topic: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rates
Replies: 77
Views: 8716

Re: Lending club interest rate risk

As a past Lender Club user, I would worry much more about, in that order :
1) the bogus interest rate on your statements.
2) the terrible liquidity for reselling your notes . The Foliofn platform was awful.
3) credit quality for the notes.
by madbrain
Fri Oct 10, 2014 1:20 am
 
Forum: Investing - Help with Personal Investments
Topic: Lending club interest rate risk
Replies: 12
Views: 785

Re: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rat

john94549 wrote:Those who financed/re-financed at the nadir (let's say 3.4% or thereabouts) for thirty years, well, that's a gold-mine. In a few years, fixed-income investments will cross, you'll be able to finance the interest on that thirty with a ten-year CD.


When does your crystal ball say that will happen ?
by madbrain
Thu Oct 09, 2014 11:39 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rates
Replies: 77
Views: 8716

Re: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rat

Buffett is right. Relatedly, people making extra payments on their 3.5 percent mortgages are making a terrible decision I'm one of those, except my rate is 3.375% fixed (30 yr). I'm paying about $1000 extra per month on a loan that's currently about $385k balance. This will pay it up in about 15 ye...
by madbrain
Thu Oct 09, 2014 11:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buffett Says ‘No-Brainer’ to Get a Mortgage to Short Rates
Replies: 77
Views: 8716

Re: I'm Chuck and I work at Vanguard and Invest in Active Fu

Twins Fan wrote:
princetontiger wrote:This is dumb... I worked at a hedge fund, and I can tell you the smartest guys are not at Vanguard, they are at a mega hedge fund.


Why don't you work there any longer?.... Zing! :D


The hedge fund guys were so smart that they left after collecting all their hefty fees ?
by madbrain
Thu Oct 09, 2014 11:31 pm
 
Forum: Investing - Theory, News & General
Topic: I'm Chuck and I work at Vanguard and Invest in Active Funds
Replies: 44
Views: 7250

Re: Bank Blackmail? [Credit Card Upgrade]

Where did you come up with this definition? Try this: "Blackmail is an act, often a crime, involving unjustified threats to make a gain or cause loss to another unless a demand is met. It may be defined as coercion involving threats of physical harm, threat of criminal prosecution, or threats ...
by madbrain
Thu Oct 09, 2014 9:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bank Blackmail? [Credit Card Upgrade]
Replies: 22
Views: 1703

Re: I'm Chuck and I work at Vanguard and Invest in Active Fu

Personally, I have Vanguard CA Intermediate Muni and High-yield bond funds, which are actively managed, and still very low ER.
Not everyone wants to own these types of bond funds, but due to liquidity issues, it makes sense for them to be managed funds rather than index funds.
by madbrain
Thu Oct 09, 2014 9:21 am
 
Forum: Investing - Theory, News & General
Topic: I'm Chuck and I work at Vanguard and Invest in Active Funds
Replies: 44
Views: 7250

Re: Should I go for RSU or Options?

I think there is a contradiction in what you said. 1) The vesting schedule is 4 years for both 2) The only catch is that if I choose RSUs and leave the company before a liquidity event (i.e. and IPO or sale), then my RSUs do not vest. Either your RSUs vest in 4 years, or they don't vest. It can't b...
by madbrain
Wed Oct 08, 2014 9:48 pm
 
Forum: Investing - Theory, News & General
Topic: Should I go for RSU or Options?
Replies: 15
Views: 923

Re: Should I go for RSU or Options?

Ok all, I have some updates. I am being offered the chance to convert my options to RSUs 1:1. The options are ISOs. The vesting schedule is 4 years for both. The only catch is that if I choose RSUs and leave the company before a liquidity event (i.e. and IPO or sale), then my RSUs do not vest. If I...
by madbrain
Tue Oct 07, 2014 10:30 pm
 
Forum: Investing - Theory, News & General
Topic: Should I go for RSU or Options?
Replies: 15
Views: 923

Re: Company stock match, good deal?

I'm guessing that you can sell the shares at anytime. I can sell them at anytime after the purchase, and the show up in my brokerage account. As it happens, this is a timely thread. The latest purchase should have been in late September. I still haven't gotten any notification from my employer abou...
by madbrain
Tue Oct 07, 2014 10:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: Company stock match, good deal?
Replies: 18
Views: 1104

Re: Retiring early, but where dump 401k for yearly withdrawa

I totally hear where your coming from, and your input is definitely noted..! I am taking a risk moving to Thailand when I retire when it comes to certain things (health care being the main one), but I am currently very healthy (eat right, exercise daily..etc..etc), and only issue that runs in my fa...
by madbrain
Tue Oct 07, 2014 8:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Retiring early, but where dump 401k for yearly withdrawal?
Replies: 32
Views: 3144

Re: tired of zero hedge, got an alt news site?

I didn't mean to put Huff and Fox in the same bag. Huff is pretty slanted, sensational, and journalistically pretty crappy, but at least they are not mean-spirited. It's preaching to the choir, which is not so bad if you "know to take most stories with a grain of salt" and use other sourc...
by madbrain
Tue Oct 07, 2014 8:05 pm
 
Forum: Personal Consumer Issues
Topic: tired of zero hedge, got an alt news site?
Replies: 34
Views: 2966

Re: Retiring early, but where dump 401k for yearly withdrawa

I have never been sick before in Thailand, but I know how things work there.. Also, I will have international health care coverage, in which I can go to certain hospitals all around Asia if needed.. and yes, I have included that cost ($120 monthly) in my $28-30k. I have many friends that live in Th...
by madbrain
Tue Oct 07, 2014 8:02 am
 
Forum: Investing - Help with Personal Investments
Topic: Retiring early, but where dump 401k for yearly withdrawal?
Replies: 32
Views: 3144

Re: tired of zero hedge, got an alt news site?

Though it doesn't hurt to expose yourself to fringe junk like Huffington Post and Fox News from time to time, so that you understand why there is no meaningful political dialogue in America any more, and how dangerous that can be. I like to limit my exposure to Fox News to the excepts on John Stewa...
by madbrain
Tue Oct 07, 2014 1:53 am
 
Forum: Personal Consumer Issues
Topic: tired of zero hedge, got an alt news site?
Replies: 34
Views: 2966

Re: Are you a "maximizer" or a "satisficer"?

I find the term "satisficer" remarkably irritating. Is there no way to express the same concept using real, adult-sounding words? Hmm, let's explore another alternative. Satisfizer ? That sounds like the newest erectile dysfunction pill from Pfizer. It's adult-sounding. It would be a much...
by madbrain
Tue Oct 07, 2014 1:37 am
 
Forum: Personal Consumer Issues
Topic: Are you a "maximizer" or a "satisficer"?
Replies: 52
Views: 3028

Re: Retiring early, but where dump 401k for yearly withdrawa

. I currently have 400k in my 401k, average growth has been 6-10% yearly, and I add 12k to it every year from my salary. 10% is on the optimistic side for long term returns in your 401k unless you are taking quite a bit of risk. What's your annualized return since you have been investing in your 40...
by madbrain
Mon Oct 06, 2014 10:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Retiring early, but where dump 401k for yearly withdrawal?
Replies: 32
Views: 3144

Re: Is it normal to lose $$$?

Yes. Markets sometimes move up, and sometimes down. Index funds follow markets. It's not a bug, it's a feature.

If you are looking for funds that only move up, you may want to talk to Bernie Madoff . He only has 145 years left to serve.
by madbrain
Mon Oct 06, 2014 9:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is it normal to lose $$$?
Replies: 26
Views: 3976

Re: Company stock match, good deal?

Been there and I just held my nose and did it anyway..... Once I left I sold right away. I HATED having all that stock as a match instead of cash but you want to save anyway so what options do you really have... Just think of it as free stock instead of free money and that it might be worth zero. T...
by madbrain
Mon Oct 06, 2014 9:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Company stock match, good deal?
Replies: 18
Views: 1104

Re: Are you a "maximizer" or a "satisficer"?

Maximizer.
by madbrain
Mon Oct 06, 2014 9:09 pm
 
Forum: Personal Consumer Issues
Topic: Are you a "maximizer" or a "satisficer"?
Replies: 52
Views: 3028

Re: Should I buy this house

- I am looking for some impartial advice on buying a home - I have an income of $450,000 which is stable for at least 3 more years after which may stay the same or could go down to 300,000 per year. My wife makes $220,000 which also is stable for 3 years That means $670k per year gross income for 3...
by madbrain
Wed Oct 01, 2014 5:25 am
 
Forum: Personal Finance (Not Investing)
Topic: Should I buy this house
Replies: 37
Views: 2156

Re: Why Aren't Waterbeds Popular Anymore?

Because cats are popular ?
by madbrain
Tue Sep 30, 2014 9:19 pm
 
Forum: Personal Consumer Issues
Topic: Why Aren't Waterbeds Popular Anymore?
Replies: 13
Views: 1426
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