Search found 692 matches

by CyclingDuo
Mon Sep 25, 2017 7:02 pm
Forum: Personal Consumer Issues
Topic: Tipping question....Applebees
Replies: 73
Views: 4844

Re: Tipping question....Applebees

In addition to the (apparently typical) rule of 20% for good service, with 25% when service is worthy of extra consideration for the wait staff, we also have another guideline that we apply when appropriate. 25%????!!!!! :shock: :shock: :shock: :shock: Pops, Can I mow your lawn? Cut your hair? Carr...
by CyclingDuo
Mon Sep 25, 2017 9:15 am
Forum: Personal Consumer Issues
Topic: Tipping question....Applebees
Replies: 73
Views: 4844

Re: Tipping question....Applebees

See pic of receipt from a local Applebees this weekend. See any issues with the suggested gratuities? (as I do) or is this normal? https://s26.postimg.org/rbktzc8zd/agood.jpg Like a lot of establishments do these days, they have based the suggested tip amount on the total price including tax. This ...
by CyclingDuo
Sun Sep 24, 2017 9:35 am
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 134
Views: 9329

Re: Lifestyle Creep

Thanks in advance for anything you share here! I have renewed interest in learning about and increasing my own awareness of lifestyle creep. I am hoping others will share personal situations where they experienced or resisted this issue. What have you dealt with? What creep came into your life that...
by CyclingDuo
Sat Sep 23, 2017 4:43 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 312
Views: 16761

Re: Iphone X is $1000

The older I get the more I realize that broad, sweeping generalizations about a group of people almost always make the person making such a sweep look ignorant. Doesn't mean I'm not guilty of doing it sometimes, but gnothi seauton . ^^This!! Humanity has an ugly way with prejudice that indeed says ...
by CyclingDuo
Sat Sep 23, 2017 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 204
Views: 19068

Re: I won the Lottery. Need sound advice.

That's the question I've been debating the most heavily - the mortgage. Pay the 325k and eliminate it? Let that 325k into funds and hope to outgain the 3.25%? Pay off maybe 1/2 of it and try to refinance to 10 years at a lower rate? There's something to be said for the burden that would be lifted i...
by CyclingDuo
Sat Sep 23, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for mid 50 age group
Replies: 35
Views: 2252

Re: Asset Allocation for mid 50 age group

given the long bull market, i would be a little conservative. 60/40 or 55/45 Not trying to argue about your comments regarding the long bull market, but rather pointing out a view that the oft quoted thought that this has been a non-stop bull market since day one off of the lows hit in 2009 needs t...
by CyclingDuo
Sat Sep 23, 2017 11:11 am
Forum: Investing - Help with Personal Investments
Topic: $3.6 million at age 25 - need investment advice
Replies: 44
Views: 5033

Re: $3.6 million at age 25 - need investment advice

Hi everyone, I was hoping I could get some long term investment advice given my situation: Full time employed, $60k annual pre tax 401k 6% at 25% company match (garbage I know) 401k is all I'm in currently. The kicker here is I have recently cashed out $3.6M over the course of a year from my profit...
by CyclingDuo
Sat Sep 23, 2017 4:52 am
Forum: Personal Consumer Issues
Topic: Tips/Steps for selling a car
Replies: 19
Views: 1278

Re: Tips/Steps for selling a car

I'm looking to sell a car. It's not worth much so I'd rather sell quick than deal with lots of buyers checking it out. I'm planning to list all known issues and say my price is firm cash only. Are these the best steps: 1. Get signature notarized on title - I believe I can do this without the buyer ...
by CyclingDuo
Sat Sep 23, 2017 4:40 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for mid 50 age group
Replies: 35
Views: 2252

Re: Asset Allocation for mid 50 age group

I was wondering what the average Stock to Bond allocation ratio for people on this board in their mid fifties use? Right now we are 70% Stock and 30% Bonds (Not counting our emergency fund money) (According to my Morningstar X-ray Fund allocation) / (Not counting our emergency fund money) 4% Cash 5...
by CyclingDuo
Sat Sep 23, 2017 3:32 am
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 204
Views: 19068

Re: I won the Lottery. Need sound advice.

The OP wants to pay off his loans (which will immediately free up the household cash flow from student debt payments, car payments, credit card payments, and mortgage payments if he decides to pay off the mortgage as well. Using a small portion of the windfall to fund a family vacation, or a home r...
by CyclingDuo
Fri Sep 22, 2017 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 204
Views: 19068

Re: I won the Lottery. Need sound advice.

Agree with queso and advise not to use any portion of the money for a "splurge" reward, however small. Think of someone who has been on a diet and finally loses 10 lbs, and they reward themselves by eating an ice cream sundae. That perpetuates the behavioral issue that caused the need for the diet ...
by CyclingDuo
Fri Sep 22, 2017 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Having First Child a little later in life, Debt just paid, Help Us Check In
Replies: 14
Views: 1641

Re: Having First Child a little later in life, Debt just paid, Help Us Check In

Thanks for the assistance. I rebalanced to a few less funds and an 80/20 Stock/Bond allocation with 20% international stocks and a little less small/mid and a little more large-cap. Not huge changes, but I just hadn't looked in a couple years. See if this looks more appropriate or needs more large-...
by CyclingDuo
Thu Sep 21, 2017 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 204
Views: 19068

Re: I won the Lottery. Need sound advice.

Again, thanks, everybody. Here's what I'd like to do ideally in the next few months. Am I doing the right thing? -Immediately pay off all the "bad debt", and never use credit again. (215k). Again, I realize that this is a lifestyle and psychological process about learning and realizing how to truly...
by CyclingDuo
Thu Sep 21, 2017 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 204
Views: 19068

Re: I won the Lottery. Need sound advice.

Again, I knew this would be a place for honest advice. Thanks again for your time, and I'll try to update you on my progress. I don't want to be one of those stories so often heard about lottery winners blowing through it. I appreciate the "tough love". I'm not quitting my job, but I would like to ...
by CyclingDuo
Thu Sep 21, 2017 8:46 am
Forum: Investing - Theory, News & General
Topic: Any "average Joe" here actually make out well with individual stocks?
Replies: 91
Views: 8763

Re: Any "average Joe" here actually make out well with individual stocks?

It wouldn't be surprising to find folks who've done well the last few years through stock-picking. Anyone who's bought into the "growth" stories - companies like Amazon, Netflix, Tesla - would have had many chances to outperform the U.S. stock index. Everyone's a stock-picking genius when the broad...
by CyclingDuo
Thu Sep 21, 2017 7:35 am
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 204
Views: 19068

Re: I won the Lottery. Need sound advice.

Earlier this year, I won the lottery. Literally. I won about 1.2M (after taxes). This is life-changing. My wife and I already had about 140k in retirement savings previous to winning. We max out our 401k and 403b, respectively. Congratulations on the win! Treat it like an inheritance. Why? Once the...
by CyclingDuo
Wed Sep 20, 2017 12:21 pm
Forum: Local Chapters and Bogleheads Community
Topic: Des Moines Iowa local chapter Revived
Replies: 8
Views: 1447

Re: Des Moines Iowa local chapter?

Let me know via PM if someone agrees to become the new Local Chapter coordinator. Did this ever materialize? Still waiting from someone to step up and agree to be the Local Chapter Coordinator. PM me if you're interested. I - or rather - we would be interested in stepping up to be the local chapter...
by CyclingDuo
Wed Sep 20, 2017 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Automate Savings
Replies: 5
Views: 468

Re: Automate Savings

I'm trying to figure out a way to automate my savings so I never see a change in my checking account. For example, automate a 40% savings rate so I never see more than 40% of my take home pay in my checking account. That's simply a mind game to set it up so you "think you don't see it as a change i...
by CyclingDuo
Wed Sep 20, 2017 6:22 am
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 165
Views: 14602

Re: Let's talk about your FI # and family income [Financial Independence]

Yeah, this thread is depressing to me quite frankly, lol. My wife and I gross around 125-130k which I thought wasn't too bad until reading this, good gosh. I will have a pension if I choose to stay in game. I'm 39 and wife is 41. Any tips on ways to move up income ladder without being doctor, lawye...
by CyclingDuo
Tue Sep 19, 2017 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Clueless on taxes but have luxury of both 403b and 457 space
Replies: 27
Views: 2466

Re: Clueless on taxes but have luxury of both 403b and 457 space

Found this post from one of my favorite blogs. http://www.millionaireeducator.com/2016/10/2017-free-money.html I am a little confused on how to find the "sweet spot" of paying taxes. Run them using the standard deduction and exemptions. Then run them using the itemized deductions version to see whi...
by CyclingDuo
Tue Sep 19, 2017 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: A series of misinformed decisions and now the painful realization. Help with current 401K, 457B, prior 401K's, other q's
Replies: 13
Views: 2237

Re: A series of misinformed decisions and now the painful realization. Help with current 401K, 457B, prior 401K's, other

Contributions New annual Contributions $18G his 401k (Employer matching contributions ~7G) We are just going to respond to the 401K options you listed... Funds available in his 401(k) INVESTMENTS - INDEX FUNDS (PASSIVE) FID 500 INDEX INST (FXSIX) 02/17/1988 Stock Investments 0.03% (40%) FID EXT MKT...
by CyclingDuo
Tue Sep 19, 2017 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 23654

Re: Calling out the not so rich bogleheads

The slowly increasing bucket theory holds true in my family. But I am concerned for younger people, because when I was growing up, any hard working reasonably intelligent person could get a good steady job and build financial security. That is no longer true. Plus the out of nowhere crazily burdens...
by CyclingDuo
Mon Sep 18, 2017 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Age 40: Requesting Look At Portfolio
Replies: 21
Views: 2495

Re: Age 40: Requesting Look At Portfolio

I turned aged 40 a couple months ago. In the back of my mind, I'm trying to set up the next 5/10/20 years. What originally caught my attention is the legendary thread: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=88005 What I'd like is a couple pair of critical, impartial, eyeballs for a s...
by CyclingDuo
Mon Sep 18, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 165
Views: 14602

Re: Let's talk about your FI # and family income

This threads crack me up. You guys with deep six figure incomes and you are trying to figure out retirement and such. This forum is infuriating sometimes. If I made mid six figures I'd be retired in three years and on a hillside somewhere over looking nature enjoying the hell out of life. As a smal...
by CyclingDuo
Sun Sep 17, 2017 2:05 pm
Forum: Investing - Theory, News & General
Topic: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"
Replies: 33
Views: 4853

Re: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"

Zerohedge always seemed pretty sensationalist to me. ZeroHedge has been bleating the bear case for how many years now? At least 4 - which, if you follow the true chartists, is when this bull market actually began (2013). So they called it and when it happens, it will be just a few too many years ea...
by CyclingDuo
Sun Sep 17, 2017 10:28 am
Forum: Investing - Theory, News & General
Topic: 401k's are for sheeple! According to some guy.
Replies: 19
Views: 2374

Re: 401k's are for sheeple! According to some guy.

https://www.cnbc.com/2017/09/07/self-made-millionaire-these-are-the-5-worst-money-tips-of-all-time.html According to "self-made millionaire" Grant Cardone, most of us here are sheeple. Sheeple Money Tip #1: "Put Your Money in a 401(k)" This is a trap and requires your agreement and participation in...
by CyclingDuo
Sat Sep 16, 2017 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on kids money
Replies: 6
Views: 782

Re: Advice on kids money

Currently have kids money in my name in taxable accounts at EJ in FKINX. Just transferred my taxable and ira to Vanguard. We plan on using some of the money for first cars but that's at least 5-7 years. We put some money in on birthdays, etc. and they have grown to around $15,000. They started with...
by CyclingDuo
Sat Sep 16, 2017 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Psychological effects of Early Retirement in peak earning years.
Replies: 63
Views: 6880

Re: Physiological effects of Early Retirement in peak earning years.

I have a decent job and thru utilizing Boglehead principles I'm in a position financially to retire. Just generally have about 65x expenses, SS, estimate 3k per month at 70 plus pension of 22K at 65. Live in LCOL area. No debt, just monthly CC that I pay in full. I'm 58 and still working full time....
by CyclingDuo
Sat Sep 16, 2017 9:10 am
Forum: Investing - Theory, News & General
Topic: Investing in a Low-Return World: Howard Marks' 6 options
Replies: 44
Views: 3836

Re: Investing in a Low-Return World: Howard Marks' 6 options

Does anyone else find it ironic that people have been complaining about the low return environment for the last 8 years when we have seen huge returns in both stocks and bonds? I think it is far riskier to wait on the sidelines in hopes of a bargain that may never come. This is a form of risk that ...
by CyclingDuo
Fri Sep 15, 2017 9:59 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 312
Views: 16761

Re: Iphone X is $1000

How long do iPhones last before they generally start to slow down or become obsolete due to operating system updates? I've never had a problem using them 2-3 years, but I would expect once you get to year 4-5 things start to get long in the tooth (don't keep my phones that long, so I don't know). M...
by CyclingDuo
Fri Sep 15, 2017 5:40 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 312
Views: 16761

Re: Iphone X is $1000

DTalos wrote:
Fri Sep 15, 2017 12:15 pm
How long do iPhones last before they generally start to slow down or become obsolete due to operating system updates?
I've never had a problem using them 2-3 years, but I would expect once you get to year 4-5 things start to get long in the tooth (don't keep my phones that long, so I don't know).
by CyclingDuo
Fri Sep 15, 2017 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Have X times your salary saved by age Y.
Replies: 60
Views: 6050

Re: Have X times your salary saved by age Y.

I've read several articles lately that state one should have a certain number of times their salary saved at various age points for retirement: say, 6 times salary by age 50, 8 times salary by 55, 10 times by 60, etc. But they never qualify the context. Is this each spouse in a 2-income household? ...
by CyclingDuo
Fri Sep 15, 2017 7:36 am
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 312
Views: 16761

Re: Iphone X is $1000

I've tried them and they just aren't good enough for me. To each his own. How did you survive 15 years ago when we were all carrying flip phones? I have survived for 15+ years with a flip phone and am only recently beginning to consider a smartphone because some companies require you to have a smar...
by CyclingDuo
Thu Sep 14, 2017 10:37 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 17350

Re: Is it really Worth it to brown bag your lunch at work?

When it comes to the spending part of the Bogleheads "Big Two," there are many more ways to fail than the three you have mentioned. For example, people may lose money in gambling, some become alcoholics or drug users, some are shopaholics and spend more on designer clothes than others spend on thei...
by CyclingDuo
Thu Sep 14, 2017 6:46 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 17350

Re: Is it really Worth it to brown bag your lunch at work?

Still seems weird to base your retirement on "personal and professional considerations" rather than financial, though. :shock: LiterallyIronic, It is financial. At a median income of 150K, spending 600+K in the house will kill your savings much more than the $10 to $20 lunch. KlangFool Yes, in that...
by CyclingDuo
Thu Sep 14, 2017 6:29 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 17350

Re: Is it really Worth it to brown bag your lunch at work?

CyclingDuo, My example is very prevalent in the real world. Many folks believe that they should buy a house 3 to 4 times their gross income. After that, nothing else matters. KlangFool Yes, I am in complete agreement with you. That's why I responded to your post. I think the reality for many who wo...
by CyclingDuo
Thu Sep 14, 2017 4:09 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 17350

Re: Is it really Worth it to brown bag your lunch at work?

Still seems weird to base your retirement on "personal and professional considerations" rather than financial, though. :shock: LiterallyIronic, It is financial. At a median income of 150K, spending 600+K in the house will kill your savings much more than the $10 to $20 lunch. KlangFool Yes, in that...
by CyclingDuo
Thu Sep 14, 2017 3:55 pm
Forum: Personal Consumer Issues
Topic: AMEX app
Replies: 16
Views: 736

Re: AMEX app

Almost there wrote:
Thu Sep 14, 2017 1:08 pm
AMEX suggested I sign up for their app.
What is the benefit, if any?
Great App - IMO! Let's you know any charge to your card and it pops up immediately on your phone. That's great to have - especially in light of the Equifax debacle.
by CyclingDuo
Thu Sep 14, 2017 7:48 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 17350

Re: Is it really Worth it to brown bag your lunch at work?

20 cents for a spoonful of PB + $1 for 2 slices of premium bread + 47 cents for the apple = $1.67 per day for my lunch (M/T/W/Th/F) What's your targeted daily caloric intake? If I ate what you described at noon I'd be hungry again at 1:30. Do you snack all day in addition to that "lunch"? Lunch is ...
by CyclingDuo
Thu Sep 14, 2017 4:27 am
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 312
Views: 16761

Re: Iphone X is $1000

2 year contract works out to be about $1.37 per day for this Apple X phone. Water bill, on average, is about $1.39 per day for me. Cup of black coffee at the local coffee shop is $1.50 per day for me. Keeping my haircut works out, on average, to cost me $1.62 per day (based on 12 cuts per year incl...
by CyclingDuo
Wed Sep 13, 2017 9:32 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 17350

Re: Is it really Worth it to brown bag your lunch at work?

My wife and I pretty much bring lunch from home to eat at the office every day. We've been doing this all of our respective 22 year careers to date. I've noticed in my office, some people do the same as me. And others go to our cafeteria or get take out every, and I mean EVERY, day. So I was curiou...
by CyclingDuo
Wed Sep 13, 2017 9:09 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 312
Views: 16761

Re: Iphone X is $1000

RIDICULOUS !! Over priced, over-hyped, etc. Is this a cult or what? Keep your present phone if it meets your needs and I am sure it does for most of us. You mean the ones that cost $699 back in 2014 and 2015? They are now paid for and we managed to handle that "over priced, over-hyped cult like pho...
by CyclingDuo
Wed Sep 13, 2017 8:11 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 312
Views: 16761

Re: Iphone X is $1000

I seriously doubt saving 20% as opposed to 15% of your income at $50k/yr will significantly change your quality of retirement life. At most, it will allow you a few extra expenditures down the road when you're well past the age of prime health and possibly too old to enjoy many of the things you wo...
by CyclingDuo
Wed Sep 13, 2017 2:58 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 312
Views: 16761

Re: Iphone X is $1000

I seriously doubt saving 20% as opposed to 15% of your income at $50k/yr will significantly change your quality of retirement life. At most, it will allow you a few extra expenditures down the road when you're well past the age of prime health and possibly too old to enjoy many of the things you wo...
by CyclingDuo
Wed Sep 13, 2017 12:21 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 312
Views: 16761

Re: Iphone X is $1000

I don't understand how interesting posts with helpful advice get shut down after 5 comments but somehow whinging about the costs of a pocket computer can go on for 3 pages. How true! Many who purchase Apple consumer products have already been labeled as "idiots", or "dumb" thus far in this thread b...
by CyclingDuo
Wed Sep 13, 2017 7:41 am
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 312
Views: 16761

Re: Iphone X is $1000

2 year contract works out to be about $1.37 per day for this Apple X phone. Water bill, on average, is about $1.39 per day for me. Cup of black coffee at the local coffee shop is $1.50 per day for me. Keeping my haircut works out, on average, to cost me $1.62 per day (based on 12 cuts per year incl...
by CyclingDuo
Wed Sep 13, 2017 2:13 am
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 312
Views: 16761

Re: Iphone X is $1000

matatupuncher wrote:
Wed Sep 13, 2017 1:59 am
The anti-IPhone snobs on here are worse than beer snobs.
At least they haven't pooped on the new Apple watch yet... :shock:
by CyclingDuo
Wed Sep 13, 2017 1:31 am
Forum: Investing - Help with Personal Investments
Topic: Investment advice for 58 year old.
Replies: 23
Views: 1843

Re: Investment advice for 58 year old.

I would hate to leave 2.5 M in cash and see it depreciate over several years. Why not in a CD ladder? https://farm5.staticflickr.com/4414/37027978352_4b9fcddda9_c.jpg We have a very simple lifestyle. I think 120k would be more than enough. Heck. Just buy a SPIA (or a SPIA ladder targeting various a...
by CyclingDuo
Wed Sep 13, 2017 12:21 am
Forum: Investing - Help with Personal Investments
Topic: Clueless on taxes but have luxury of both 403b and 457 space
Replies: 27
Views: 2466

Re: Clueless on taxes but have luxury of both 403b and 457 space

Thanks again for another detailed reply! It is nice to get a response that we are doing really well. One of the difficult things about reading Bogleheads sometimes is seeing people my age with like 600-700k in their retirement accounts along with another 400-500k in their taxable. It makes us actua...
by CyclingDuo
Tue Sep 12, 2017 11:07 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 312
Views: 16761

Re: Iphone X is $1000

Wow 1.62 per day for haircuts for 12 times per year works out to about 50 bucks per haircut, must be high quality, as mine have never exceeded 20 including tip! All depends on location, skill, gender, and if it includes your eyebrows, ears, neck, and nose hair getting clipped as well. :mrgreen: htt...