Search found 716 matches

by Flashes1
Tue May 17, 2016 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Rich But Middle Class
Replies: 233
Views: 20879

Re: Rich But Middle Class

Wildebeast beat me to it, but I find very interesting how the longest threads on bogleheads usually center around an OP that has a lot of money. It's human nature to be mesmerized by people who have more money than they do. The bogleheads are no exception.
by Flashes1
Tue May 17, 2016 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: New Attending Starting Out - Rent vs. Buy in HCOL area
Replies: 17
Views: 1482

Re: New Attending Starting Out - Rent vs. Buy in HCOL area

$1,400/month for rent when you're making $200k/year seems like a no brainer if you're happy with the unit.
by Flashes1
Sun May 15, 2016 6:48 am
Forum: Personal Consumer Issues
Topic: Friend owed money by now deceased person
Replies: 14
Views: 2273

Re: Friend owed money by now deceased person

I would recommend charging their Allowance for Doubtful Accounts and call it a day. Happens everyday at every single company.
by Flashes1
Tue May 03, 2016 12:34 pm
Forum: Personal Consumer Issues
Topic: I bought the wrong car - know it after 15 days
Replies: 144
Views: 19715

Re: Bought wrong car - Revision - ES350 advice

What model is did you buy? I want to make sure to avoid it myself.
by Flashes1
Tue May 03, 2016 12:32 pm
Forum: Personal Consumer Issues
Topic: I bought the wrong car - know it after 15 days
Replies: 144
Views: 19715

Re: I bought the wrong car - know it after 15 days

Buy some 22" rims and jack that rice burner up. You'll be stylin'!
by Flashes1
Mon Apr 18, 2016 7:27 am
Forum: Personal Finance (Not Investing)
Topic: University of Virginia vs University of Miami
Replies: 148
Views: 10243

Re: University of Virginia vs University of Miami

Just came back from a medical conference in Miami Beach. [OT comment removed by admin LadyGeek]

UVA all the way.
by Flashes1
Wed Apr 13, 2016 12:25 pm
Forum: Personal Consumer Issues
Topic: Sport players Cards (Football, Baseball, Basketball), anyone collect?
Replies: 52
Views: 3734

Re: Sport players Cards (Football, Baseball, Basketball), anyone collect?

Sometime in the middle of the 80's people started seeing cards as having a monetary value. Before then, it was just a bunch of kids collecting and trading among themselves. Once they began to be viewed as possibly being valuable, things like penny sleeves and top loaders came around and every card w...
by Flashes1
Sun Apr 03, 2016 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: is foreign investing really worth it
Replies: 90
Views: 5726

Re: is foreign investing really worth it

I'm underinvesting in Europe. I just don't see where the future growth is going to come from. Is it business friendly? Is it attracting the most talented people in the world or are the immigrants not well versed in world class business theory---ie where are the Elon Musk's and Sergey Brin's of the w...
by Flashes1
Sat Apr 02, 2016 6:20 am
Forum: Investing - Theory, News & General
Topic: Target Date and Life Strategy NAV issue 4/1
Replies: 5
Views: 674

Re: Target Date and Life Strategy NAV issue 4/1

Why do you think that is incorrect? I don't have those funds, but my overall portfolio hardly changed at all today. Bond funds did nothing. Domestic funds went up, but foreign funds went down. It seems that portfolios with bonds, domestic, and foreign assets should have changed very little. Today w...
by Flashes1
Fri Apr 01, 2016 8:12 pm
Forum: Investing - Theory, News & General
Topic: Anyone else feeling a correction brewing?
Replies: 60
Views: 6336

Re: Anyone else feeling a correction brewing?

I'm in Corporate Banking and a lot of our customers are struggling, but we're only talking about 250 companies and it's geared towards leveraged and cyclical companies, so we talking about a subset of the economy( agriculture, energy, mid-size grocers, metal companies-----these industries are alread...
by Flashes1
Fri Apr 01, 2016 8:04 pm
Forum: Investing - Theory, News & General
Topic: Target Date and Life Strategy NAV issue 4/1
Replies: 5
Views: 674

Re: Target Date and Life Strategy NAV issue 4/1

The 2040 index in my 401k didn't change---I assume they will update the NAV overnight. Not too worried at this point.
by Flashes1
Fri Mar 25, 2016 12:10 pm
Forum: Personal Consumer Issues
Topic: Europe Trip in August
Replies: 99
Views: 5624

Re: Europe Trip in August

I'd feel more comfortable in Mosul if I was a black gay Marine than I would in Chicago. Some board members need to hoard less cash and live more life.
by Flashes1
Thu Mar 24, 2016 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Has your definition of "a lot" of money changed?
Replies: 57
Views: 5204

Re: Has your definition of "a lot" of money changed?

It's changed a hell of a lot. My wife and I were super cheap when we got married but we were young and needed to pay off her med school loan. We were so cheap we walked about a 0.25 mile to her Med School reunion at a fancy country club rather than tip the valet $5. Now we bought our daughter a $20k...
by Flashes1
Mon Mar 21, 2016 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Need advice on where to focus [Retirement + The Future vs. Student Loans]
Replies: 10
Views: 829

Re: Need advice on where to focus [Retirement + The Future vs. Student Loans]

Concur with ruralavalon. 1. A 100% return on the maximum amount of 401k matching. 2. Guaranteed 6% return (after tax) on those student loans. 3. Roth IRA contributions. If you're making $100k/year at age 30, you're going to need tax relief when you start marking the really big bucks later on in life...
by Flashes1
Tue Mar 15, 2016 9:03 am
Forum: Investing - Theory, News & General
Topic: The AMT puzzle
Replies: 14
Views: 2301

Re: The AMT puzzle

Not being able to deduct property tax is killing me.
by Flashes1
Tue Mar 08, 2016 8:37 am
Forum: Personal Consumer Issues
Topic: Is an interior designer worth it?
Replies: 33
Views: 3213

Re: Is an interior designer worth it?

I got a lot of value out of our interior designer. She had ideas regarding wall colors, drapes, blinds, etc. that we never would have come up with on our own. The one area I curtailed as much as possible was her buying things on our behalf unless it was "pretty low priced"......I preferred...
by Flashes1
Sun Feb 28, 2016 1:24 pm
Forum: Investing - Theory, News & General
Topic: What is your target portfolio size?
Replies: 66
Views: 7243

Re: What is your target portfolio size?

$2.8 million in today's dollars with a $700k paid-for house and a ~$24k pension. I have a $1.1 million portfolio today and $500k of house equity----44 yrs old.
by Flashes1
Tue Feb 23, 2016 11:50 am
Forum: Personal Consumer Issues
Topic: What kind of car do you drive? [Looking for new car]
Replies: 126
Views: 6170

Re: What kind of car do you drive?

2013 Mercedes S550----twin turbo V-8. After driving it, I now see why the Germans almost took over the world twice in the past 100 years. And I see the value of a German engineering degree over a U.S. engineering degree. :D
by Flashes1
Tue Feb 23, 2016 10:21 am
Forum: Personal Consumer Issues
Topic: Unfinished basement ideas
Replies: 34
Views: 3092

Re: Unfinished basement ideas

I put this in my home gym---same stuff that Lifetime Fitness uses, and is virtually indestructible:

http://www.rubberflooringinc.com/rubber ... -roll.html
by Flashes1
Tue Feb 23, 2016 9:34 am
Forum: Personal Finance (Not Investing)
Topic: [Working for] Big 4 Accounting Firms & Salary
Replies: 17
Views: 2300

Re: General Discussion: Big 4 Accounting Firms & Salary

If you're not on a partnership path, you're probably going to be underpaid after 5 yrs. at Big 4 (and they make it very clear if they view you as Partner material---if you have any doubt, then you're not on that path---trust me on this). With 6-7 yrs. of Big 4 experience, you're probably ready for ...
by Flashes1
Tue Feb 23, 2016 9:34 am
Forum: Personal Finance (Not Investing)
Topic: [Working for] Big 4 Accounting Firms & Salary
Replies: 17
Views: 2300

Re: General Discussion: Big 4 Accounting Firms & Salary

FYI :happy "What Can You Expect to Make at a Big 4 Firm Over a 15 Year Period?" http://goingconcern.com/post/what-can-you-expect-make-big-4-firm-over-15-year-period Interesting website---even accounting for the numbers being 4 years old, Big 4 Partners make a lot more than $400k/year----t...
by Flashes1
Tue Feb 23, 2016 9:20 am
Forum: Personal Finance (Not Investing)
Topic: [Working for] Big 4 Accounting Firms & Salary
Replies: 17
Views: 2300

Re: General Discussion: Big 4 Accounting Firms & Salary

If you're not on a partnership path, you're probably going to be underpaid after 5 yrs. at Big 4 (and they make it very clear if they view you as Partner material---if you have any doubt, then you're not on that path---trust me on this). With 6-7 yrs. of Big 4 experience, you're probably ready for a...
by Flashes1
Tue Feb 23, 2016 9:11 am
Forum: Personal Consumer Issues
Topic: Treadmill
Replies: 22
Views: 2708

Re: Treadmill

Is the extra $300 for a Sole F85 vs. a F80 worth it under these set of parameters:

* 260 lb person
* No more than 15 miles/week
* Screen size isn't hugely important
* Need it to last 12 years

Is the bigger motor worth $300?
by Flashes1
Mon Feb 22, 2016 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Time to cut AA to international?
Replies: 45
Views: 3860

Re: Time to cut AA to international?

I have international, but I've never been a huge fan particularly of the developed countries in Western Europe and Japan. For a bunch of reasons, including demographic changes and cultural issues, I think these areas will lag the U.S. for a long time. Additionally, I think the US dollar has a bright...
by Flashes1
Tue Feb 09, 2016 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) getting killed
Replies: 52
Views: 5391

Re: 401(k) getting killed

This is when I hide my head in the sand....and let my 401(k) contributions do their thing and don't touch anything. It's too painful to look at my balances.
by Flashes1
Tue Feb 09, 2016 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: How to respond to a siblings who gloats over a great stock pick?
Replies: 51
Views: 3329

Re: How to respond to a siblings who gloats over a great stock pick?

tyrion wrote:Great! When are you taking me out for dinner and drinks?


This. Anyone gloating gets to pick up the tab. :beer
by Flashes1
Tue Feb 09, 2016 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: -24% Return over 2 years
Replies: 54
Views: 5498

Re: -24% Return over 2 years

Just wait for your 401k to lose 40% like mine did in 2008-2009. Fun times! :D
by Flashes1
Tue Feb 02, 2016 8:46 am
Forum: Investing - Help with Personal Investments
Topic: How to calculate your savings rate? Making sense of all the numbers.
Replies: 7
Views: 1287

Re: How to calculate your savings rate? Making sense of all the numbers.

Agree with the other posters. Keep it simple. There's no good reason to over complicate it. My personal definition is total investments / gross income. I ignore company 401k matching and normal mortgage principle payments; however, I include the "excess" principle payments because I have c...
by Flashes1
Tue Feb 02, 2016 8:38 am
Forum: Personal Consumer Issues
Topic: Where to Stay in San Francisco?
Replies: 38
Views: 2995

Re: Where to Stay in San Francisco?

If you're into craft beer you have to see the Anchor Steam brewery and Rogue has a bar/restaurant.
by Flashes1
Fri Jan 29, 2016 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Immediate Fixed Annuities
Replies: 45
Views: 2983

Re: Immediate Fixed Annuities

Non-inflation adjusted which is something to consider, but it's near-guaranteed income. Most of my retirement expenses should be discretionary; meaning I could greatly curtail them if necessary. Fixed costs such as house and cars would paid for----my other major expenses would be discretionary such ...
by Flashes1
Fri Jan 29, 2016 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Immediate Fixed Annuities
Replies: 45
Views: 2983

Re: Immediate Fixed Annuities

I'm 20 years away from needing one---but I see their value. It would be nice to have $1k of monthly income from one. I just played around with some numbers at "immediateannuities," and I'm intrigued. * $200,000 * Male at 67 yrs old * Female at 60 yrs old * 20 year pay-out period---- Joint ...
by Flashes1
Fri Jan 29, 2016 8:40 am
Forum: Personal Finance (Not Investing)
Topic: What age did you start maxing out your retirement contributions?
Replies: 65
Views: 5317

Re: What age did you start maxing out your retirement contributions?

Wife & I started maxing out 401k's when I was 37 and she was 30.
by Flashes1
Thu Jan 21, 2016 7:27 am
Forum: Personal Consumer Issues
Topic: Retiring and people seem to avoid me
Replies: 66
Views: 8482

Re: Retiring and people seem to aviod me

If the OP is describing people at work, it could be that they view you as "being out of the game" so they don't feel like you're on the same team anymore. There's a bond between people who have common interests and goals. When that bond and goal is work related, and one of the parties leav...
by Flashes1
Fri Jan 15, 2016 11:17 am
Forum: Personal Finance (Not Investing)
Topic: What's your company 401k contribution
Replies: 105
Views: 5421

Re: What's your company 401k contribution

Me: 4%, and pension
Wife: 10%, no pension
by Flashes1
Fri Jan 15, 2016 6:52 am
Forum: Personal Finance (Not Investing)
Topic: Saving for the future vs you only live once
Replies: 72
Views: 8497

Re: Saving for the future vs you only live once

My wife and I were diligent savers in our 20's and 30's---borderline cheap----our net worth increased a lot in our early 40's----had a couple kids, and now we're starting to spend some of it on luxuries. We still max out 401k's, HSA, IRA, and big mortgage paydown annually.....but we just built a big...
by Flashes1
Thu Jan 14, 2016 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Does a BH play the lottery?
Replies: 78
Views: 4216

Re: Does a BH play the lottery?

I probably would have died within a couple years of winning. Probably good thing I didn't win. :happy
by Flashes1
Sun Jan 10, 2016 10:01 pm
Forum: Personal Consumer Issues
Topic: Vision - problems seeing things up-close
Replies: 24
Views: 1757

Re: Vision - problems seeing things up-close

Then I had Lasik Surgery and that restored my distance vision to 20-20.... But I still need the $10 Drugstore Magnifying glasses for reading. Welcome to old age ! :happy OP, don't rush into Lasik surgery without reading about the potential problems. I had Lasik done about 12 years ago---it was wond...
by Flashes1
Sun Jan 10, 2016 11:05 am
Forum: Personal Consumer Issues
Topic: Vision - problems seeing things up-close
Replies: 24
Views: 1757

Vision - problems seeing things up-close

No medical advise is requested; however, I'm curious if any other members have this scenario: - I am near-sighted (which glasses correct just fine). - My vision is blurry up-close---so I either have to take my glasses off to read, or I rest them on the bridge of my nose so I can see out the bottom w...
by Flashes1
Thu Jan 07, 2016 2:41 pm
Forum: Personal Consumer Issues
Topic: Jackpot Now Estimated $700 Million, who's in?
Replies: 149
Views: 6503

Re: Jackpot Now Estimated $700 Million, who's in?

Office Pool: 6 of us at $30 total or 15 tickets.
by Flashes1
Mon Jan 04, 2016 2:41 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 140
Views: 8534

Re: Waste of money?

I have a home theater in the home we built three years ago, and while it's not top of the line stuff, it's quality, and puts out a great viewing experience. Here's my components (a little hazy on the prices given I bought them 3 yrs ago): 1. 120" screen for ~400. 2. Epson HD Projector for $1,20...
by Flashes1
Mon Jan 04, 2016 11:14 am
Forum: Personal Consumer Issues
Topic: Sororities: The cost of Greek Life?
Replies: 46
Views: 6981

Re: Sororities: The cost of Greek Life?

If you go to school in the South, and your son has some "game," for all that is holy, please let him join a frat (see attached links). Seriously though, if you go to a SEC or ACC school, you have to go Greek if you are a player. The Northern schools used to be like this, but the Southern ...
by Flashes1
Mon Jan 04, 2016 11:07 am
Forum: Personal Consumer Issues
Topic: Thermador 30" Pro Range PRG304GH & Bosch 36" Counter Depth Fridge (B22CT80SNS) Real user reviews please
Replies: 4
Views: 584

Re: Thermador 30" Pro Range PRG304GH & Bosch 36" Counter Depth Fridge (B22CT80SNS) Real user reviews please

We went with the Wolf range and Sub Zero fridge, and have been pleased with performance and reliability.
by Flashes1
Mon Jan 04, 2016 7:45 am
Forum: Personal Consumer Issues
Topic: Sororities: The cost of Greek Life?
Replies: 46
Views: 6981

Re: Sororities: The cost of Greek Life?

If you go to school in the South, and your son has some "game," for all that is holy, please let him join a frat (see attached links). Seriously though, if you go to a SEC or ACC school, you have to go Greek if you are a player. The Northern schools used to be like this, but the Southern s...
by Flashes1
Mon Dec 21, 2015 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: mortage vs saving - what would you do?
Replies: 18
Views: 1939

Re: mortage vs saving - what would you do?

We're in the same situation and we do about 60/40 mortgage paydown vs. aftertax. My mortage is at the same bank as where our paychecks are deposited which allows me to easily make 6-8 additional principle payments per month based on timing of paychecks coming in and bills going out. I get great sati...
by Flashes1
Wed Dec 16, 2015 3:01 pm
Forum: Personal Consumer Issues
Topic: Buying used car from dealer, tell me your strategy
Replies: 36
Views: 3932

Re: Buying used car from dealer, tell me your strategy

They will wait 3-5 days for a personal check to clear before giving you the title---cashier's check is cash-like allowing immediate possession.
by Flashes1
Wed Dec 16, 2015 1:39 pm
Forum: Personal Consumer Issues
Topic: I would like to play the Boglehead car game too
Replies: 163
Views: 10968

Re: I would like to play the Boglehead car game too

Gemini wrote:Get a S 550 and call it a day


I just bought a 2013 with 18,000 miles for $63k (including taxes and 2 yr. extended warranty). It's my first nice car. Little Christmas present to myself. To be delivered on Tuesday. Can't effing wait. Only in America. :D
by Flashes1
Wed Dec 09, 2015 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: Investing advice
Replies: 11
Views: 1015

Re: Investing advice

I'd pay-off the student loans more aggressively than the mortgage due to their higher effective interest rate.
by Flashes1
Mon Dec 07, 2015 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: A car nicer than the boss?
Replies: 169
Views: 12740

Re: A car nicer than the boss?

I would recommend a more low profile car for the daily driver and then splurge on a weekend car that the working stiffs at the company won't see.

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