Search found 1702 matches

by ThankYouJack
Thu Jul 06, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Museum Membership - tax deductible?
Replies: 13
Views: 937

Re: Museum Membership - tax deductible?

Thanks all. It does include unlimited uses so doesn't seem like it is tax deductible.
by ThankYouJack
Thu Jul 06, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Museum Membership - tax deductible?
Replies: 13
Views: 937

Museum Membership - tax deductible?

I joined a non-profit children's museum this year. It says membership dues may be tax deductible. Refer to the IRS or your tax professional for more information. Anyone know how I can get more information about it without spending a bunch of time?
by ThankYouJack
Wed Jul 05, 2017 10:35 am
Forum: Personal Consumer Issues
Topic: Unique adventure trip ideas - sailing?
Replies: 15
Views: 1178

Re: Unique adventure trip ideas - sailing?

I would love Scotland and New Zealand! But with a 3-7 day trip, too much time and money would be spent on travel. But I will definitely keep in mind for future trips when I can take my whole family.
by ThankYouJack
Tue Jul 04, 2017 8:43 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 12742

Re: Bogleheads: you should be buying 10-year old cars

Threads like this bother me too. To me, seems like the OP is stereotyping people on here and recommending that all Bogleheads (even the multimillionaires) should think alike and buy 10 year old cars. Not sure why this seems so common, I guess people just want to fit in instead of being a bit differe...
by ThankYouJack
Tue Jul 04, 2017 12:17 pm
Forum: Personal Consumer Issues
Topic: Unique adventure trip ideas - sailing?
Replies: 15
Views: 1178

Re: Unique adventure trip ideas - sailing?

We spent 3 weeks in May aboard our friend's 42' sailboat, then moored in Mahon on Menorca. The school there runs a 5-day class, where you spend 5 days/6 nights aboard one of their ships. Not cheap, but seems to be well run. Note that we didn't actually take their course, but spent time observing wh...
by ThankYouJack
Mon Jul 03, 2017 9:19 pm
Forum: Personal Consumer Issues
Topic: Unique adventure trip ideas - sailing?
Replies: 15
Views: 1178

Unique adventure trip ideas - sailing?

I love good adventures where I spend a lot of time outdoors, try something new, learn something new, get the adrenaline going. I'm looking for some ideas. It would probably have to be a short trip 3-7 days. I think a sailing trip where I was part of the crew would be fun but I'm guessing this would ...
by ThankYouJack
Fri Jun 16, 2017 7:46 pm
Forum: Investing - Theory, News & General
Topic: Amazon Buys Whole Foods
Replies: 103
Views: 10888

Re: Amazon Buys Whole Foods

Great podcast with the Whole Foods CEO - http://www.stitcher.com/podcast/national-public-radio/how-i-built-this/e/whole-foods-market-john-mackey-50156827 Seems like a solid guy who followed his passion. It's too bad he's upset with the sale, but I bet he'll do a spin off if he' Keep this in mind.......
by ThankYouJack
Fri Jun 16, 2017 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Beneficiary designations for trust
Replies: 15
Views: 1047

Re: Beneficiary designations for trust

I didn't want to ask the attorney because I'll be charged for it. I might be cheap... Are you certain and how much? If he wants your business (now or after you pass), I would think he/she would do it for free. I'm not an attorney, but can't imagine it would take more than a couple minutes of his time
by ThankYouJack
Fri Jun 16, 2017 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 12451

Re: Who takes financial chances and why is this forum so financially conservative?

OP, did you have any specific questions? Well now I'm wondering what Jack Bogle's thoughts are on having enough to retire. Maybe he doesn't broach the subject much because it's such a personal topic and decision and depends on many factors. IMO, people should also have some FOMO (fear of missing ou...
by ThankYouJack
Fri Jun 16, 2017 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: house or condo for a frequent traveling family?
Replies: 17
Views: 1740

Re: house or condo for a frequent traveling family?

WhiteMaxima wrote:If you are not living in a place for 6 to 12 month, then don't buy. That money is going to be wasted. You should rent for a 6 month or 12 month term. Put moot your personal belong in a storage.


+1. Seems like owning and not being there 1/2 the time would be a big waste of money and time.
by ThankYouJack
Fri Jun 16, 2017 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 12451

Re: Who takes financial chances and why is this forum so financially conservative?

My favorite rule of thumb is (roughly) to hold a bond position equal to your age--20 percent when you are 20, 70 percent when you're 70, and so on--or maybe even your age minus 10 percent. There are no hard-and-fast rules here. (Most experts think my guidelines are too conservative. But I am conser...
by ThankYouJack
Fri Jun 16, 2017 6:02 am
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 12451

Re: Who takes financial chances and why is this forum so financially conservative?

Maybe it's just me, but it seems like this forum is getting more financially conservative. Be careful assuming trends based on forum posts on any discussion forum site on any topic. Post can easily skew perception. Take technical discussion, fora for example. People post when they have problems whi...
by ThankYouJack
Thu Jun 15, 2017 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 37676

Re: Regret early retirement/downsizing

I'm in my 30's and switched from 1 1/2 jobs to 1 and now just do consulting a few hours a week. I definitely don't regret reducing down. I never want to work a 40 hour week again in my life and am trying to convince my wife to reduce to part-time too. I have a young family and a bunch of hobbies and...
by ThankYouJack
Wed Jun 14, 2017 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Beneficiary designations for trust
Replies: 15
Views: 1047

Re: Beneficiary designations for trust

I would contact your attorney and see what he/she recommends. I recently had mine done and my attorney gave very specific instructions. He said if I had any questions, please contact him because it can be a big pain for attorneys when there's confusion. Some of my forms had limitations, so I emailed...
by ThankYouJack
Wed Jun 14, 2017 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 12451

Re: Who takes financial chances and why is this forum so financially conservative?

Maybe it's just me, but it seems like this forum is getting more financially conservative. Be careful assuming trends based on forum posts on any discussion forum site on any topic. Post can easily skew perception. Take technical discussion, fora for example. People post when they have problems whi...
by ThankYouJack
Wed Jun 14, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 12451

Re: Who takes financial chances and why is this forum so financially conservative?

Thanks all for the responses. I haven't been able to go through them all yet (but I will) and appreciate the feedback. By conservative, I mostly mean around safe withdrawal rates. I've been on here for a while and I originally thought 25x was enough, then 33x becomes the trend, and now 50x seems mor...
by ThankYouJack
Tue Jun 13, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 12451

Who takes financial chances and why is this forum so financially conservative?

Maybe it's just me, but it seems like this forum is getting more financially conservative. For example, people feeling uneasy with 25x in retirement accounts, debt free, great job, ~65% savings rate. I think the fear and financial anxiety on here can be contagious, and the "what-if you got hit ...
by ThankYouJack
Tue Jun 13, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 4818

Re: Spouse returning to work. How to keep low stress lifestyle?

I'm not sure how we save so much but we do and we live frugally but I wouldn't say we pinch every penny. We do pinch pennies in certain areas of our lives though. For instance, we just bought a new car for me from a relative, which had 32,000 miles on it for $5k. It is in great condition and looks ...
by ThankYouJack
Mon Jun 12, 2017 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 4818

Re: Spouse returning to work. How to keep low stress lifestyle?

While your family is in good financial shape, what would happen if you -- as the sole breadwinner -- got run over by a bus tomorrow or developed a medical condition that prevented you from working? As your husband considers his next steps, you should be taking low probability but highly disruptive ...
by ThankYouJack
Mon Jun 12, 2017 6:06 am
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 4818

Re: Spouse returning to work. How to keep low stress lifestyle?

Your savings rate is over 65% and you spend less than 4% of your net worth - that definitely seems like "enough" to me. I don't think he should go back to work unless he truly wants to go back, in which case I would think he would have certain jobs in mind. Seems like there could be someth...
by ThankYouJack
Sat Jun 10, 2017 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: Has anyone had problems gifting Vanguard shares to an organization?
Replies: 33
Views: 2575

Re: Has anyone had problems gifting Vanguard shares to an organization?

+1 on Fidelity DAF. I didn't need any medallion signatures or anything. It was pretty easy and straightforward. If you don't want to pay the DAF expense ratios, then just donate the money immediately after sending it to the DAF. It also saves a few seconds on filling out charitable contributions at...
by ThankYouJack
Sat Jun 10, 2017 6:59 am
Forum: Personal Finance (Not Investing)
Topic: (Very) Early Retirement vs Parenthood
Replies: 74
Views: 4519

Re: (Very) Early Retirement vs Parenthood

While I do not regret having kids, I do regret waiting for the following reasons: 1. Sleep deprivation is so much harder to deal with when older. 2. More advanced on the career path, making it harder to cut back than when I was starting out, further exacerbating #1. 3. More likely to be stuck takin...
by ThankYouJack
Fri Jun 09, 2017 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: (Very) Early Retirement vs Parenthood
Replies: 74
Views: 4519

Re: (Very) Early Retirement vs Parenthood

For the responders who are happy with kids, did you want kids or were ambivalent about having them like the OP? I enjoy being a parent myself, but that doesn't mean I think everyone especially those who are ambivalent should have children. Thank you. I appreciate your perspective. So many new parent...
by ThankYouJack
Fri Jun 09, 2017 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: (Very) Early Retirement vs Parenthood
Replies: 74
Views: 4519

Re: (Very) Early Retirement vs Parenthood

I would wait until you and your husband have a stronger desire than ambivalent. You could have a challenging pregnancy, postpartum depression, a newborn with colic. Granted those are temporary, but going through it you'd probably be regretting your decision. I wouldn't get caught up with keeping up ...
by ThankYouJack
Tue Jun 06, 2017 9:34 am
Forum: Personal Consumer Issues
Topic: Tupperware Set / Systems
Replies: 13
Views: 873

Tupperware Set / Systems

I'm working on organizing my kitchen more and looking for Tupperware sets (ideally BPA free) or good methods to organize. A lot of times we'll get one or two off pieces that just take up space.
by ThankYouJack
Sun Jun 04, 2017 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Has anyone had problems gifting Vanguard shares to an organization?
Replies: 33
Views: 2575

Re: Has anyone had problems gifting Vanguard shares to an organization?

I'm in the same boat. I'd like to donate appreciated Vanguard shares but don't want to fill out 30 pages of paperwork. I also don't want to pay 0.67% or more with the Fidelity Donor Advised account. There's a chance I'll be paying 0% LTCG on shares anyway, so I guess I'll just donate cash for now un...
by ThankYouJack
Sun Jun 04, 2017 7:09 am
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 242
Views: 29673

Re: Retreat to cash

Even with the political uncertainty and sensationalized news, one thing I'm certain is that I'm not going to routinely beat the market.
I take comfort in having a plan and sticking to it, and tuning out the noise.
by ThankYouJack
Sat May 27, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Copyright music on YouTube - why isn't it blocked?
Replies: 8
Views: 1062

Copyright music on YouTube - why isn't it blocked?

There's a lot of copyright music on YouTube where the publisher just puts a picture of the lyrics for the video. Anyone know why this is allowed and not blocked? For example - https://www.youtube.com/watch?v=IS6n2Hx9Ykk with almost 10 million views. Wouldn't Led Zeppelin rather have that traffic go ...
by ThankYouJack
Sat May 27, 2017 11:19 am
Forum: Investing - Theory, News & General
Topic: Neat Calculator: Sell or Rent Out Property?
Replies: 9
Views: 1649

Re: Neat Calculator: Sell or Rent Out Property?

Opportunity cost of your time could be another factor. How much time are you putting in and could you use that time to make money elsewhere? There are a lot of "disaster" scenarios too that I'm not sure if they're factored into the calculator. Worst and best case scenarios, seems like the ...
by ThankYouJack
Sat May 27, 2017 10:49 am
Forum: Investing - Theory, News & General
Topic: Depletion calculator? Chance of losing X% from withdrawing $Y annually?
Replies: 7
Views: 977

Re: Depletion calculator? Chance of losing X% from withdrawing $Y annually?

I know there's tons posted about SWRs, but I was wondering about shorter timeframes and not depleting to $0. For example, if I have $100,000 with 75% stocks and withdrawal $5,000 annually what's the chance it'll be under $80,000 in 5 years, 10 years, 15 years. Does anyone know of anything out there...
by ThankYouJack
Fri May 26, 2017 9:21 pm
Forum: Investing - Theory, News & General
Topic: Depletion calculator? Chance of losing X% from withdrawing $Y annually?
Replies: 7
Views: 977

Re: Depletion calculator? Chance of losing X% from withdrawing $Y annually?

Check out cFIREsim for simulations using historical data that will allow you to adjust retirement age and Retirement Simulator which uses simulated (Monte Carlo) data based on past returns and gives estimates based on number of years past retirement. Very cool thanks. I've used firecalc before but ...
by ThankYouJack
Fri May 26, 2017 12:13 pm
Forum: Investing - Theory, News & General
Topic: Depletion calculator? Chance of losing X% from withdrawing $Y annually?
Replies: 7
Views: 977

Depletion calculator? Chance of losing X% from withdrawing $Y annually?

I know there's tons posted about SWRs, but I was wondering about shorter timeframes and not depleting to $0. For example, if I have $100,000 with 75% stocks and withdrawal $5,000 annually what's the chance it'll be under $80,000 in 5 years, 10 years, 15 years. Does anyone know of anything out there ...
by ThankYouJack
Wed May 24, 2017 8:02 pm
Forum: Personal Consumer Issues
Topic: Tea recommendations
Replies: 10
Views: 1159

Re: Tea recommendations

Thanks all for the recommendations and tips. I'm excited to try a few of them
by ThankYouJack
Wed May 24, 2017 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: How do you find a dream/hobby/part-time job?
Replies: 13
Views: 2234

Re: How do you find a dream/hobby/part-time job?

I downsized my job, but I have no great insight into finding a position. I was lucky in that my job (a medical subspecialty) lends itself to shift work and my employer was willing to let me work part-time. Many of my friends in different specialties envy what I did but it's just not realistic for t...
by ThankYouJack
Wed May 24, 2017 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: How do you find a dream/hobby/part-time job?
Replies: 13
Views: 2234

Re: How do you find a dream/hobby/part-time job?

I would try to use leverage with your current job and see if you can reduce to part-time. If you're valuable and tough to replace I bet they'll be willing, even if it's uncommon and they'd have to make some sacrifices. I did this with my current job and now have tons of flexibility. It's great spend...
by ThankYouJack
Wed May 24, 2017 9:11 am
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 5068

Re: At what point to buy new car for safety

The majority of other drivers I see on the road today dont do any of this, so sadly many do need these active safety systems to save them from their own carelessness. But if we just trained our drivers well in this country then so much of this could be avoided to begin with. Then its down to the fr...
by ThankYouJack
Tue May 23, 2017 7:07 pm
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 5068

Re: At what point to buy new car for safety

Obviously not all of the high tech safety features are created equal, but a quick google search and it seems like Tesla is doing a very good job: Tesla’s crash rate was reduced by 40% after introduction of Autopilot based on data reviewed by NHTSA https://electrek.co/2017/01/19/tesla-crash-rate-auto...
by ThankYouJack
Tue May 23, 2017 3:48 pm
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 5068

Re: At what point to buy new car for safety

Also, do people who feel like they must have cars with the latest safety features also only buy new houses with the latest and greatest? I don't need the latest and greatest, but want my house to be a bit more secure than most of my neighbors. I want my bank and online personal info to be more secu...
by ThankYouJack
Tue May 23, 2017 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Starting a 529 with no children on the horizon?
Replies: 15
Views: 1137

Re: Starting a 529 with no children on the horizon?

Simply increase your taxable investing using only very tax-efficient stock index funds. That's almost as good as a tax-protected account. If you have debt pay that off. A 529 is not a good idea for you in my opinion. +1. With no state tax deduction and no children there's no way I would invest in o...
by ThankYouJack
Tue May 23, 2017 11:32 am
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 5068

Re: At what point to buy new car for safety

I test drove a new car with all the newest safety features earlier this year and found it completely distracting and annoying, especially the lane departure warning and intervention systems. With narrow roads and curves, I found it signalling quite often when I wasn't in any danger of leaving my la...
by ThankYouJack
Tue May 23, 2017 9:02 am
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 5068

Re: At what point to buy new car for safety

The majority of other drivers I see on the road today dont do any of this, so sadly many do need these active safety systems to save them from their own carelessness. But if we just trained our drivers well in this country then so much of this could be avoided to begin with. Then its down to the fr...
by ThankYouJack
Tue May 23, 2017 8:46 am
Forum: Personal Consumer Issues
Topic: Tea recommendations
Replies: 10
Views: 1159

Tea recommendations

I'm interested in trying some different quality teas. I'll plan to cold brew it an serve with ice as I typically prefer cold drinks over hot, especially in the summer. I'd like caffeinated but ideally not as much caffeine as typical coffee. For coffee, I enjoy lighter roasts (but strong) cold brew c...
by ThankYouJack
Tue May 23, 2017 7:37 am
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 5068

Re: At what point to buy new car for safety

Airbags became mandatory in 1997. Can you see the impact on the graph? Electronic Stability control became mandatory in 2012, can you see that on the graph? I didn't think so. I believe your logic is off here. It's not like that right in 1997 every car had airbags or that in 2012 every car on the r...
by ThankYouJack
Mon May 22, 2017 12:38 pm
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 5068

Re: At what point to buy new car for safety

"Active and healthy" is very subjective. Considering the multitude of risk factors involved in cancer, this could be better food overall, regular preventive care, a personal trainer, a bicycle, even a vacation (stress reduction). Better food overall to decrease my chances seems even more ...
by ThankYouJack
Mon May 22, 2017 12:17 pm
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 5068

Re: At what point to buy new car for safety

I would take the data on informedforlife.org with a few shakers of salt. They show huge differences between cars that should be fundamentally identical (e.g. Subaru Legacy vs Outback) because they have different driver characteristics. For what year? 2015 look very similar in of the Legacy and Outb...
by ThankYouJack
Mon May 22, 2017 11:38 am
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 5068

Re: At what point to buy new car for safety

I think if you are truly that worried about the safety of a 10 year old Pilot with ESC that had about five star safety to begin with, you might as well lease your cars and get a new one every 3 years. Because you must be putting that much a premium on safety increments. I wouldn't sweat it. Just do...
by ThankYouJack
Mon May 22, 2017 11:04 am
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 5068

Re: At what point to buy new car for safety

So the car experts at CR think 10 years is a pretty big deal. The same CR people think that "automatic emergency braking" is the new seat belt, and that feature is mainly only found on newer cars. My new car has it. Definitely worth it IMO. Even if I never use it for emergency braking, th...
by ThankYouJack
Mon May 22, 2017 10:57 am
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 5068

Re: At what point to buy new car for safety

Thanks for the replies. Some great points, especially about driving safer and driving less. I'll also add don't drive tired because that significantly increases the chances of an accident. Airbags became mandatory in 1997. Can you see the impact on the graph? Electronic Stability control became mand...
by ThankYouJack
Sun May 21, 2017 3:28 pm
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 5068

Re: At what point to buy new car for safety

I believe statistically the most likely type of accidents are single-driver (you lose control of your own car) or being rear-ended. Electronic Stability Control helps prevent the former, active headrests help mitigate the damage from the latter, to a certain extent. I believe ESC is required in all...
by ThankYouJack
Sun May 21, 2017 1:17 pm
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 5068

Re: At what point to buy new car for safety

The chance that the cause of your death will be an auto accident is maybe about 1%. You might reduce that to .8% if for now you drive a safer car. (We will decide later if refining those numbers would be helpful). Now decide how much you would pay to save your life given a choice between your money...

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