Search found 723 matches

by MoonOrb
Sat Apr 22, 2017 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Should some professions tell people how much they make?
Replies: 35
Views: 3707

Re: Should some professions tell people how much they make?

If you haven't read it already, pick up a copy of "How to Win Friends and Influence People" by Dale Carnegie. It's one of a few books that has had a profound impact on my life and I imagine it can hold great insight for someone who is talented and hardworking and has a lot to offer prospec...
by MoonOrb
Sat Apr 22, 2017 8:46 pm
Forum: Personal Consumer Issues
Topic: National Parks in Northern CA
Replies: 31
Views: 1520

Re: National Parks in Northern CA

Stuff to do on the eastern side of Yosemite National Park: Bodie State Park (ghost town, mentioned above, cool). Mono Lake (it's a salt lake with pretty cool formations, just outside of Lee Vining, CA) Devils Postpile National Monument in Mammoth Lakes If you drive down even further south: Manzanar ...
by MoonOrb
Thu Apr 20, 2017 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: When does it make sense to start paying down (or off) a low rate mortgage?
Replies: 43
Views: 3236

Re: When does it make sense to start paying down (or off) a low rate mortgage?

It makes a lot more sense to me as retirement age approaches and some of these things happen: 1. You're maxing out all tax advantaged accounts, including making catch up contributions 2. You have no other debt to pay off instead 3. You may no longer be in a position to itemize tax deductions 4. You ...
by MoonOrb
Sun Apr 16, 2017 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: New contributions after making number, aggressive or conservative?
Replies: 30
Views: 2004

Re: New contributions after making number, aggressive or conservative?

If you're not happy with your current allocation, then you have a decision to make: If you value growth more, allocate it more towards stocks. If you value the security more, allocate it more towards fixed income. You seem not to care about leaving anything to heirs or charity so there's little reas...
by MoonOrb
Sun Apr 16, 2017 1:38 am
Forum: Investing - Help with Personal Investments
Topic: New contributions after making number, aggressive or conservative?
Replies: 30
Views: 2004

Re: New contributions after making number, aggressive or conservative?

Invest it at your current asset allocation. It's gotten you this far.
by MoonOrb
Thu Apr 13, 2017 9:21 pm
Forum: Investing - Theory, News & General
Topic: What rate of return do you use when planning for retirement?
Replies: 178
Views: 22087

Re: What rate of return do you use when planning for retirement?

4% real. I also consider a range from 2% real to about 6% real. I can retire securely with a 2% real return but retirement will be closer to age 66 than 58. But for projection purposes I'm using 4%. I don't plan to adjust much unless unforeseen circumstances cause it. I'm comfortable with the amount...
by MoonOrb
Tue Apr 11, 2017 11:58 pm
Forum: Investing - Help with Personal Investments
Topic: Put $6,500 bonus check to pay off car or max out Roth for the year?
Replies: 29
Views: 1690

Re: Put $6,500 bonus check to pay off car or max out Roth for the year?

I'd put every single dollar of this into your tax advantaged accounts. Your 401k up to the match, your Roth, then fully fund your 401k. Then a spousal IRA after that, if that's something you can do. If you have enough left over after that and are choosing between taxable investing and paying off you...
by MoonOrb
Sat Apr 08, 2017 6:04 pm
Forum: Personal Consumer Issues
Topic: Help on how to spend more on myself (First World Whine)
Replies: 93
Views: 5187

Re: Help on how to spend more on myself (First World Whine)

Here is a random list of things that I feel like I've received a substantial amount of satisfaction/pleasure from having spent the money on them: Vitamix blender Bose noise canceling earbuds Kindle paperwhite Tempur-pedic mattress A home in a location we really love, within walking distance of thing...
by MoonOrb
Wed Apr 05, 2017 8:59 am
Forum: Investing - Theory, News & General
Topic: "the Truth About Your Future" - Ric Edelman's new book
Replies: 23
Views: 3995

Re: "the Truth About Your Future" - Ric Edelman's new book

I found his books to be really helpful to me 15-20 years ago because they were highly readable, entertaining introductions to investing and personal finance that got many of the fundamental ideas right. I'm way less enamored of him now that I have learned so much more nuance. But I'll always be grat...
by MoonOrb
Mon Apr 03, 2017 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Switching Jobs for less...Has anyone done this....
Replies: 46
Views: 3567

Re: Switching Jobs for less...Has anyone done this....

Yes. I took about a 35% pay cut for a job that suited my skills, abilities, and temperament better. It also involved working fewer hours and for an organization that I'm excited about. I have more autonomy and I cut my commute down by 2/3, too.
by MoonOrb
Mon Apr 03, 2017 10:31 pm
Forum: Investing - Theory, News & General
Topic: Social Security for Millennials
Replies: 144
Views: 13176

Re: Social Security for Millennials

If I must, I'll do some combination of working a few more years and spending less in retirement, but this isn't a decision I expect to need to make until I get within 5 years or so of impending retirement and can see for myself whether there's actually a shortfall. Current projections would put reti...
by MoonOrb
Sat Apr 01, 2017 11:20 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review and advice
Replies: 6
Views: 576

Re: Portfolio review and advice

Before you roll your old 401k into a traditional IRA consider whether you are someone who is likely to approach the income limits for contributing to Roth IRAs. If you can foresee running into the Roth contribution income limits, if you roll your 401k into an IRA then you'll limit or practically eli...
by MoonOrb
Sat Mar 25, 2017 11:17 pm
Forum: Investing - Help with Personal Investments
Topic: 100% stocks w/pension?
Replies: 40
Views: 4296

Re: 100% stocks w/pension?

The line of reasoning in which a pension is "treated like a bond" doesn't make tons of sense to me although maybe I reach the same answer in the end. It seems to me that what we're trying to figure out is the amount of money that we need in retirement, and this amount is driven by the diff...
by MoonOrb
Wed Mar 22, 2017 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 102
Views: 5392

Re: Vehicles as a percentage of net worth

I can't understand how a rule concerning net worth would be really helpful here. The guiding principle is: live beneath your means.
by MoonOrb
Wed Mar 15, 2017 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: "Don't time the market" vs. "Buy low, sell high"
Replies: 69
Views: 5027

Re: "Don't time the market" vs. "Buy low, sell high"

I think of this as reflecting--very generally--two things. First, that over time, the market is expected to rise. Thus, if you buy and hold you will tend to, as a general statement, buy low and sell high. Second, that when you sell as part of rebalancing to stick to your desired asset allocation, yo...
by MoonOrb
Mon Mar 13, 2017 8:17 am
Forum: Personal Consumer Issues
Topic: gratuitous homeownership items
Replies: 218
Views: 18243

Re: gratuitous homeownership items

Our house was already 90 years old at the time we bought it--partly as a consequence it is small and has no real "extras." The previous owners remodeled the bathroom in perhaps a way that we would not have, but they didn't add anything gratuitous. We were lucky that what we bought suited u...
by MoonOrb
Sat Mar 11, 2017 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Need guidance on my path to FI
Replies: 6
Views: 863

Re: Need guidance on my path to FI

Agree what Duckie said about the funds. There's no reason at this point to be in any funds other than those with the very low expense ratios. Among your 2 available 401k plans you should be able to have a very reasonable asset allocation just by choosing among: Vanguard S&P 500 Index Vanguard To...
by MoonOrb
Thu Mar 09, 2017 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Clawback of sales commissions earned
Replies: 42
Views: 2726

Re: Clawback of sales commissions earned

The reason to consult an employment lawyer is because states often have specific laws that affect an employer's ability to withhold wages. I have no idea what the laws might be in Texas, but I know they exist in other jurisdictions and employers are not always aware of them or especially diligent in...
by MoonOrb
Tue Mar 07, 2017 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Cashing out 401k at age 54 then getting re-hired?
Replies: 40
Views: 2581

Re: Cashing out 401k at age 54 then getting re-hired?

You should consider writing a book, this is amazing--it sounds like the town you live in could be the backdrop for a Jack Reacher novel. On a more serious note the community of folks here generally have very different ideas about finances than you do. You're asking a legal question about tax laws--I...
by MoonOrb
Tue Mar 07, 2017 8:42 pm
Forum: Investing - Theory, News & General
Topic: Oh no! The Ohama Titanic Syndrome signal.
Replies: 24
Views: 4490

Re: Oh no! The Ohama Titanic Syndrome signal.

Folks, the Ohana Titanic Syndrome is no laughing matter. When I had it in '06, I lost 45 pounds, was laid up in bed for weeks, and had fevers as high as 108.

Be careful out there.
by MoonOrb
Tue Mar 07, 2017 10:35 am
Forum: Personal Consumer Issues
Topic: Advice on relocation or staying put
Replies: 83
Views: 5569

Re: Advice on relocation or staying put

KlangFool, It appears like OP is indeed considering--or had already considered--other choices beyond just Seattle and Boston though? I'm picking up a sense in this thread that feels a little more to me like OP is being interrogated rather than he is being helped. Suggesting other areas looks like ac...
by MoonOrb
Tue Mar 07, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: Advice on relocation or staying put
Replies: 83
Views: 5569

Re: Advice on relocation or staying put

OP's spouse is also looking for job opportunities. Even if financially it could be feasible to move to a LCOL area where she doesn't need to work in her field, she has a job and a career too and it isn't hard to imagine that her continued career viability is a serious consideration here in addition ...
by MoonOrb
Mon Mar 06, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: Advice on relocation or staying put
Replies: 83
Views: 5569

Re: Advice on relocation or staying put

OP has said a primary consideration is a quality school system. These are more likely to be found in suburban areas of large-ish metro areas than smaller LCOL areas. OP and his wife also want nearby higher ed options for their children, so one could imagine that having several nearby choices would b...
by MoonOrb
Mon Mar 06, 2017 11:38 am
Forum: Investing - Theory, News & General
Topic: Refining the failure rate, when it fails matters, not just how often
Replies: 20
Views: 2423

Re: Refining the failure rate, when it fails matters, not just how often

FIRECalc is a nice complement to the Monte Carlo simulations for this type of planning, I think.
by MoonOrb
Sun Mar 05, 2017 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: should i payoff mortgage early?
Replies: 17
Views: 1704

Re: should i payoff mortgage early?

I'm also wondering how many people out there who held mortgages but invested the max that they could regretted that choice. I'm doing that right now, and I sure am not regretting it, but possibly it's too early to tell? The metric of "people don't regret paying off a mortgage" I don't thin...
by MoonOrb
Sun Mar 05, 2017 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Worth It Or Not? [to Retire]
Replies: 23
Views: 3326

Re: Worth It Or Not? [to Retire]

If there's some convenient position to do for a few more months that isn't overly taxing, I'd do it.

Otherwise, I'd call it a day. $167/mo extra is nice but it sounds like you don't need it.
by MoonOrb
Sun Mar 05, 2017 4:40 am
Forum: Personal Consumer Issues
Topic: Advice on relocation or staying put
Replies: 83
Views: 5569

Re: Advice on relocation or staying put

I'd be hard pressed to recommend Seattle to anyone right now. It's not the same place it was even 7 or 8 years ago. If I wanted to move to the Pacific Northwest and could choose my location, I'd go for Portland. If you don't mind being in a suburb of Portland (and I guess suburbs are okay with you?)...
by MoonOrb
Wed Mar 01, 2017 9:35 am
Forum: Investing - Help with Personal Investments
Topic: Retirement may be closer than planned - 401K advice, overall portfolio review
Replies: 23
Views: 3368

Re: Retirement may be closer than planned - 401K advice, overall portfolio review

For retirement expense estimation keep in mind that you also need to account for income tax on tax deferred investments like traditional IRAs/401ks. I'm guessing that your monthly tracking of expenses hasn't accounted for that. Also, I don't know if I saw this addressed, but your estimates for socia...
by MoonOrb
Tue Feb 28, 2017 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: saving for european vacay in 2055
Replies: 31
Views: 2649

Re: saving for european vacay in 2055

Very much appreciated advice! and some good chuckles . . . I love the idea of moving the vacay up to 5 years from now contributing 2gs per year so that we can take the vacay when we still have our health. . . . If you were gonna put 2gs per year to cash out in 5-10 years for the vacay how would you...
by MoonOrb
Tue Feb 28, 2017 10:20 pm
Forum: Personal Consumer Issues
Topic: Favorite survival books?
Replies: 41
Views: 3392

Re: Favorite survival books?

I found "Lost in Shangri-La" by Mitchell Zuckoff really enjoyable; I think it fits this definition and would recommend it.
by MoonOrb
Sun Feb 26, 2017 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage vs student loans
Replies: 32
Views: 1337

Re: Mortgage vs student loans

Why is the obvious answer the 15 year fixed? The obvious answer to me is the 30 year fixed.
by MoonOrb
Sat Feb 25, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Windfall and Student Loan Pay-off/Pay-down Plan
Replies: 10
Views: 1124

Re: Windfall and Student Loan Pay-off/Pay-down Plan

6.55% is a high enough interest rate that this makes a lot of sense. I'd pay these off, too. When I was around your age, we paid off the remainder of our student loans with the proceeds from the sale of our house at the time and I've never regretted it. It doesn't look like it's an issue but I'd pro...
by MoonOrb
Sat Feb 25, 2017 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Another milestone post
Replies: 29
Views: 1644

Re: Another milestone post

Well done! :sharebeer
I know from your other posts that you're grappling with the tension of possibly enjoying some luxuries or extravagances--you've earned it!
by MoonOrb
Thu Feb 23, 2017 9:45 am
Forum: Investing - Theory, News & General
Topic: Market Run Ups - Now vs. Then
Replies: 88
Views: 6180

Re: Market Run Ups - Now vs. Then

From my point of view things feel about the same to me: this bewilderment I had at the market's continued climb paired with a feeling of "this can't really be sustainable, can it?" The other circumstances were different--I remember the bizarre euphoria about the internet and the housing ma...
by MoonOrb
Wed Feb 22, 2017 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead Millionaire
Replies: 65
Views: 7969

Re: New Boglehead Millionaire

Congrats! :sharebeer
Keep up the great work.
by MoonOrb
Tue Feb 21, 2017 9:11 pm
Forum: Personal Consumer Issues
Topic: Stand Up Desk
Replies: 29
Views: 1670

Re: Stand Up Desk

I don't know the brand of the one I use, but it is motorized. In a previous job I had one with a hand crank. I prefer motorized because I use it every single day. It's excellent. Also, mostly I'm coming in here to say that you have an amazing user name. Brings me back to collecting baseball cards.
by MoonOrb
Tue Feb 21, 2017 12:31 pm
Forum: Investing - Theory, News & General
Topic: Extreme Valuations, and why you should reconsider
Replies: 307
Views: 20788

Re: Extreme Valuations, and why you should reconsider

Talking about this in terms of 'being greedy' is a little frustrating. I think of the approach I've adopted as one that is geared to give me as much of the market's return as I can get. This means I need to be invested in the market during periods when it's making new highs rather than trying to ant...
by MoonOrb
Sat Feb 18, 2017 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking progress to $1M portfolio and no mortgage by 40
Replies: 40
Views: 7325

Re: Tracking progress to $1M portfolio and no mortgage by 40

Good luck! It's nice to have goals. Also you have undertaken this work during a pretty powerful run up in equities so don't get discouraged if in a few years your portfolio hasn't moved much or is even worth less than it is today. Mileposts are nice but sometimes it's also helpful to focus on the pr...
by MoonOrb
Fri Feb 17, 2017 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Progress Made - What Now? (Pay off cheap mtg or invest)
Replies: 23
Views: 2306

Re: Progress Made - What Now? (Pay off cheap mtg or invest)

I'm really tempted to continue to deleverage the rental units. Something goes a little funny in the rental market and this could get ugly very quickly and maybe not turn around in just a couple of months. You could pay off two of them in something like 3.5 years.
by MoonOrb
Tue Feb 14, 2017 9:49 am
Forum: Investing - Theory, News & General
Topic: Planning for Retirement: Why do it the recommended way?
Replies: 26
Views: 2700

Re: Planning for Retirement: Why do it the recommended way?

These are more like rules of thumb than strict things that must be followed. For example, we don't pay down our debt (mortgage and a car payment) because the interest is low and I'd much rather fill up our tax-advantaged space and even do taxable investing. (I'd think differently about this if the i...
by MoonOrb
Tue Feb 14, 2017 9:33 am
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on housing crash
Replies: 60
Views: 3275

Re: BH thoughts on housing crash

I understand their gimmicks, my uncle is a contractor and flips homes without a realtor to save fees. I will have him handle my transactions to save money. With homes at all times high, I do think at some point they will come down. I don't know when but I just was looking for BH feedback on the top...
by MoonOrb
Mon Feb 13, 2017 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Who would quit playing if they already won?
Replies: 106
Views: 11067

Re: Who would quit playing if they already won?

To me this is the great paradox of investing: those who have so much money that they have "won the game" (whatever this means) also have enough money to continue to take on risk in their portfolio; those who haven't won the game must take on a certain amount of risk if they hope to achieve...
by MoonOrb
Sun Feb 12, 2017 6:46 pm
Forum: Personal Consumer Issues
Topic: Costco refill HP color inkjet cartridges?
Replies: 19
Views: 1436

Re: Costco refill HP color inkjet cartridges?

We've been using Costco's service to refill HP inkjet cartridges for our home printers for years and have zero problems. It's a heck of a lot cheaper. Do you refill the same one multiple times? Mine are HP - 950XL 951 Cyan, Magenta and Yellow. I have both the regular and XL for black ink. Perhaps I...
by MoonOrb
Sun Feb 12, 2017 12:38 am
Forum: Personal Consumer Issues
Topic: Costco refill HP color inkjet cartridges?
Replies: 19
Views: 1436

Re: Costco refill HP color inkjet cartridges?

We've been using Costco's service to refill HP inkjet cartridges for our home printers for years and have zero problems. It's a heck of a lot cheaper.
by MoonOrb
Sat Feb 11, 2017 2:22 pm
Forum: Personal Consumer Issues
Topic: iPhone SE 16GB - is memory adequate?
Replies: 44
Views: 2051

Re: iPhone SE 16GB - is memory adequate?

rec7 wrote:I have 8GB on my phone but only plan on using banking apps and talking. Will I be alright?


Yes.
by MoonOrb
Fri Feb 10, 2017 11:18 pm
Forum: Personal Consumer Issues
Topic: iPhone SE 16GB - is memory adequate?
Replies: 44
Views: 2051

Re: iPhone SE 16GB - is memory adequate?

I had 16GB phones for years and it was never a problem for me but just switched this week to the 64GB 5SE. I'd just go ahead and get the phone with the greater memory so she never needs to worry about it.
by MoonOrb
Tue Feb 07, 2017 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do you account for likely life expectancy in retirement?
Replies: 63
Views: 4857

Re: Do you account for likely life expectancy in retirement?

Just a thought, but it sounds from this thread (and some others), OP, that you are seeking some sort of permission or validation for changing your lifestyle for the better now that you're in retirement. And, sure, there's a risk to this: how much more enjoyment will you get out of every dollar spent...
by MoonOrb
Wed Feb 01, 2017 10:29 pm
Forum: Personal Consumer Issues
Topic: Looking for advice on a reading device
Replies: 13
Views: 975

Re: Looking for advice on a reading device

For reading books, I can't recommend the Kindle paperwhite highly enough. It's fantastic. Reading books on an iPad is okay for short amounts of time but otherwise hasn't been a great long term solution for me. Magazines and newspapers are much better on tablets than on e-readers IMO. I've always bee...

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