Search found 17163 matches

by VictoriaF
Wed Nov 22, 2017 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: How do you define success in your life?
Replies: 46
Views: 1605

Re: How do you define success in your life?

Winning a Nobel Prize in Economic Sciences. But Bob K (bobcat2) says that my chances are even lower than Taleb's.

Victoria
by VictoriaF
Wed Nov 22, 2017 2:21 pm
Forum: Personal Consumer Issues
Topic: What are the things you want to do between 55 and 65?
Replies: 107
Views: 5824

Re: What are the things you want to do between 55 and 65?

Several people have mentioned wanting to do things before they have health limitations, but for a couple you also need to consider that if your spouse had health limitations that will impact your ability to do things like travel. The odds for both spouses in a couple of making it to be 65 or 70 wit...
by VictoriaF
Wed Nov 22, 2017 1:42 pm
Forum: Investing - Theory, News & General
Topic: TSP Modernization Act Signed Into Law
Replies: 28
Views: 3097

Re: TSP Modernization Act Signed Into Law

Next we we need to be able to make conversions from Traditional TSP to Roth TSP. Do you know if regular 401(k) plans allow in-plan Roth conversions? Victoria My wife has two separate 401(k) plans with two different employers. One plan is administered by Fidelity and the other by Schwab. In both ins...
by VictoriaF
Wed Nov 22, 2017 1:34 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 94
Views: 5251

Re: How much do you budget for vacation?

2015 $13,353 114 nights outside home 2016 $13,563 119 nights outside home 2017 $15,610 84 nights outside home (so far) In 2015 and 2016, I had more time away at lower cost because I was spending six weeks on el Camino de Santiago. You're spending 1/4+ of the year traveling for roughly the median Am...
by VictoriaF
Tue Nov 21, 2017 9:16 pm
Forum: Investing - Theory, News & General
Topic: "Got $1 million to retire? Here’s how long it will last, by U.S. state"
Replies: 39
Views: 6813

Re: "Got $1 million to retire? Here’s how long it will last, by U.S. state"

Taylor Larimore wrote:
Tue Nov 21, 2017 9:11 pm
VictoriaF wrote:
Tue Nov 21, 2017 9:01 pm
I like the picture of retired people in the beginning of the article!

Victoria
Victoria:

They invested in The Three-Fund Portfolio. :happy

Best wishes
Taylor
Thank you, Taylor,

The Three-Fund Portfolio is magical in so many ways!

Victoria
by VictoriaF
Tue Nov 21, 2017 9:13 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 8964

Re: Thouhgts about wearing a "uniform"/same thing everyday?

2. The main advantage of having standardized clothes is the reduction of the cognitive load of getting dressed. The saved capacity of System 2 can then be used for more important tasks such as writing books and winning Nobel prizes. Mark Zuckerberg made Facebook a "success" by wearing the same T-sh...
by VictoriaF
Tue Nov 21, 2017 9:08 pm
Forum: Investing - Theory, News & General
Topic: TSP Modernization Act Signed Into Law
Replies: 28
Views: 3097

Re: TSP Modernization Act Signed Into Law

LadyGeek wrote:
Tue Nov 21, 2017 9:04 pm
Here's the confirmation: Intra-Plan & In-Service Roth Conversions Of A 401(k), from Kitces.com.
Brilliant! Thanks a million,
Victoria
by VictoriaF
Tue Nov 21, 2017 9:01 pm
Forum: Investing - Theory, News & General
Topic: "Got $1 million to retire? Here’s how long it will last, by U.S. state"
Replies: 39
Views: 6813

Re: "Got $1 million to retire? Here’s how long it will last, by U.S. state"

I like the picture of retired people in the beginning of the article!

Victoria
by VictoriaF
Tue Nov 21, 2017 8:56 pm
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 84
Views: 3743

Re: Uber for someone who knows only taxis

I drive for Uber and Lyft to stay engaged, to have some of the satisfactions of work without the drawbacks, even though I'm retired and have no debts. I use my earnings for travel and to contribute to a Roth IRA, and it pays for the lease on my Corolla as well and gives me an excuse to lease new ca...
by VictoriaF
Tue Nov 21, 2017 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 12670

Re: Dave Ramsey says don't use credit cards, even if you pay them off

What DRIVES ME NUTs about his credit card advice is he says over and over "No one has gotten wealthy with credit card points / rewards". He misses the point when people call and ask him about this. They aren't asking if CCs will make you wealthy. They ask if it is okay to pay off the CCs monthly an...
by VictoriaF
Tue Nov 21, 2017 8:36 pm
Forum: Investing - Theory, News & General
Topic: TSP Modernization Act Signed Into Law
Replies: 28
Views: 3097

Re: TSP Modernization Act Signed Into Law

Allowed transactions, e.g. perform an in-plan Roth conversion, are defined in your employer's 401k Summary Plan description. My prior employer's 401k plan only permitted Roth conversions to a self-directed brokerage account. I think in your case, one must transfer money out of the 401(k), and the c...
by VictoriaF
Tue Nov 21, 2017 7:27 pm
Forum: Investing - Theory, News & General
Topic: TSP Modernization Act Signed Into Law
Replies: 28
Views: 3097

Re: TSP Modernization Act Signed Into Law

djmbob wrote:
Fri Nov 17, 2017 9:47 pm
Next we we need to be able to make conversions from Traditional TSP to Roth TSP.
Do you know if regular 401(k) plans allow in-plan Roth conversions?

Victoria
by VictoriaF
Tue Nov 21, 2017 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: 55+ Early retirement offer.
Replies: 50
Views: 6360

Re: 55+ Early retirement offer.

Large companies make early retirement offers so that those who are close to retirement would not sue them for being terminated just before they have qualified for a pension. It's usually worthwhile to accept the offer.

Victoria
by VictoriaF
Tue Nov 21, 2017 7:15 pm
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 84
Views: 3743

Re: Uber for someone who knows only taxis

Nisi, Thank you for starting this thread. As I don't have a smartphone (yet), I have not even considered using Uber until a recent experience. I was in Toronto, and at the last moment the person who I was staying with became unable to take me to the airport. She has called Uber, and Uber has arrive...
by VictoriaF
Tue Nov 21, 2017 7:08 pm
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 84
Views: 3743

Re: Uber for someone who knows only taxis

Nisi, Thank you for starting this thread. As I don't have a smartphone (yet), I have not even considered using Uber until a recent experience. I was in Toronto, and at the last moment the person who I was staying with became unable to take me to the airport. She has called Uber, and Uber has arrived...
by VictoriaF
Tue Nov 21, 2017 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 12670

Re: Dave Ramsey says don't use credit cards, even if you pay them off

I disagree with the premise that Dave Ramsey is only for average Americans, low to mid income with no financial knowledge. This seems to say that the financially literate are somehow better and above the message that Dave preaches. The many millionaire hours of Dave Ramsey followers that call in sh...
by VictoriaF
Tue Nov 21, 2017 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 12670

Re: Dave Ramsey says don't use credit cards, even if you pay them off

I favor social-studies findings derived from control experiments over subjective perceptions. Daniel Kahneman uses a concept of What You See Is All There Is (WYSIATI). You notice when you control your spending; you don't notice it when you don't. However. for most Bogleheads, slight overspending wi...
by VictoriaF
Tue Nov 21, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 12670

Re: Dave Ramsey says don't use credit cards, even if you pay them off

This advice is intended for Dave Ramsey's target audience: people who have trouble staying within their means for their spending. In that context, a credit card might be like having alcohol in the house of a recovering alcoholic... it could all turn out just fine, but why add the temptation? That d...
by VictoriaF
Tue Nov 21, 2017 4:58 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 94
Views: 5251

Re: How much do you budget for vacation?

Speaking of vacations, does anyone else struggle with feeling some remorse due to the carbon footprint created from traveling? I think about it once in a while and then I concoct justifications for why it's OK. I realize that my justifications are self-serving, but it is what it is. And I compensat...
by VictoriaF
Tue Nov 21, 2017 4:42 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 94
Views: 5251

Re: How much do you budget for vacation?

2015 $13,353 114 nights outside home 2016 $13,563 119 nights outside home 2017 $15,610 84 nights outside home (so far) In 2015 and 2016, I had more time away at lower cost because I was spending six weeks on el Camino de Santiago. When I was estimating my retirement budget, I have allocated a much h...
by VictoriaF
Tue Nov 21, 2017 4:24 pm
Forum: Personal Consumer Issues
Topic: What are the things you want to do between 55 and 65?
Replies: 107
Views: 5824

Re: What are the things you want to do between 55 and 65?

Late retirement has an opportunity cost . Even if you are not interested in travel, don't have hobbies, and don't want to accomplish anything specific--the later you retire the more difficult it is to adjust to retirement. It is increasingly difficult to shed workplace habits including your sense of...
by VictoriaF
Tue Nov 21, 2017 3:26 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 8964

Re: Thoughts about wearing a "uniform"/same thing everyday?

I had a college professor that wore the same thing every day - literally. We could tell because the same chalk mark on his pants was there day after day. When I see someone wear the same clothes I always think of him and distance myself from the person in case the odor is foul. Pants aren't like sh...
by VictoriaF
Tue Nov 21, 2017 3:23 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 8964

Re: Thoughts about wearing a "uniform"/same thing everyday?

I have no money to speak of and an extravagant wardrobe due to the excess available in our American lifestyle. I may average an annual expense of $300. I can express myself in any way I please including dressing down as a lower middle class citizen when the occasion presents itself. I admire anyone...
by VictoriaF
Tue Nov 21, 2017 3:21 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 8964

Re: Thouhgts about wearing a "uniform"/same thing everyday?

2. The main advantage of having standardized clothes is the reduction of the cognitive load of getting dressed. The saved capacity of System 2 can then be used for more important tasks such as writing books and winning Nobel prizes. Mark Zuckerberg made Facebook a "success" by wearing the same T-sh...
by VictoriaF
Fri Nov 10, 2017 8:51 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 8964

Re: Thouhgts about wearing a "uniform"/same thing everyday?

michaeljc70 wrote:
Fri Nov 10, 2017 8:46 pm
I just don't see how it is complicated to have a few pair of jeans and different colored polos.
Your response is quite different from FedGuy's above. Do you mean that all guys are not the same?

Victoria
by VictoriaF
Fri Nov 10, 2017 8:44 pm
Forum: Personal Consumer Issues
Topic: Flying first class, business, versus economy.
Replies: 184
Views: 16395

Re: Flying first class, business, versus economy.

In my experience business class does not help very much in feeling fresh on arrival. Having a sleepless night is more of a problem for me than the jetlag. On a few occasions when I could sleep horizontally in the back row, I felt fine upon arrival. I am usually well organized: as soon as I get into...
by VictoriaF
Fri Nov 10, 2017 8:00 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 8964

Re: Thouhgts about wearing a "uniform"/same thing everyday?

1. Your professors were expressing their unique tastes. They would cringe if their attire were called "uniform." I know generalizations like the one I'm about to make are dangerous, but I think that's a very female way of looking at things. I, and most guys I've discussed this with, have no interes...
by VictoriaF
Fri Nov 10, 2017 7:50 pm
Forum: Personal Consumer Issues
Topic: Flying first class, business, versus economy.
Replies: 184
Views: 16395

Re: Flying first class, business, versus economy.

6 hours and under I'll look to fly economy. Over 6 fly business or first. Also something to consider is booking business or first for the leg you sleep on and economy for the leg you'd be awake on. I fly Economy, but for the next summer flight to Europe I booked Business class. I am fine in Economy...
by VictoriaF
Fri Nov 10, 2017 7:26 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 8964

Re: Thouhgts about wearing a "uniform"/same thing everyday?

When I was in college, and grad school, I came across more than one professor who wore a "uniform"... You are confusing several concepts. 1. Your professors were expressing their unique tastes. They would cringe if their attire were called "uniform." 2. The main advantage of having standardized clo...
by VictoriaF
Fri Nov 10, 2017 4:54 pm
Forum: Personal Consumer Issues
Topic: Comments on Kia Soul?
Replies: 36
Views: 1718

Re: Comments on Kia Soul?

Which color(s) are most likely to be stolen? According to the Australian statistics linked by TravelGeek, there are more white cars on the roads than other colors. If the base rate of white cars is higher, more of them are stolen. The specifics depend on the thief. A professional thief will choose ...
by VictoriaF
Fri Nov 10, 2017 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 329
Views: 34994

Re: Did you tell anyone you paid off your mortgage?

renue74 wrote:
Fri Nov 10, 2017 2:59 pm
I'm 43 and I think we're slated to pay off our mortgage in 3 years....right before our oldest goes to college. I'm not really sure I have anybody I know who cares I paid it off.
Check if having a mortgage may increase financial aid from the colleges your children are likely to apply to.

Victoria
by VictoriaF
Fri Nov 10, 2017 1:36 pm
Forum: Investing - Theory, News & General
Topic: New CEO Tim Buckley: To run Vanguard, 'you have to be willing not to be a billionaire'
Replies: 24
Views: 4109

Re: New CEO Tim Buckley: To run Vanguard, 'you have to be willing not to be a billionaire'

I give Buckley credit for saying "not to be a billionaire." So many people would have split the infinitive into "to not be a billionaire." There's nothing wrong with split infinitives. Many years ago, certain self-appointed English language experts decided that since Latin could not split infinitiv...
by VictoriaF
Fri Nov 10, 2017 1:05 pm
Forum: Personal Consumer Issues
Topic: Comments on Kia Soul?
Replies: 36
Views: 1718

Re: Comments on Kia Soul?

I know I am going to get in trouble questioning an accomplished statistician, but you have not convinced me. You say white cars are more noticeable. I believe you. However, does that translate into statistical significance when it comes to safety. to the extent that it should drive one's purchase d...
by VictoriaF
Fri Nov 10, 2017 12:57 pm
Forum: Investing - Theory, News & General
Topic: New CEO Tim Buckley: To run Vanguard, 'you have to be willing not to be a billionaire'
Replies: 24
Views: 4109

Re: New CEO Tim Buckley: To run Vanguard, 'you have to be willing not to be a billionaire'

I give Buckley credit for saying "not to be a billionaire." So many people would have split the infinitive into "to not be a billionaire." There's nothing wrong with split infinitives. Many years ago, certain self-appointed English language experts decided that since Latin could not split infinitiv...
by VictoriaF
Fri Nov 10, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 329
Views: 34994

Re: Did you tell anyone you paid off your mortgage?

I don’t understand why you’re so angry? You think in every single case it makes sense to pay off a mortgage. I don’t. I can make a valid argument on why that is the case and all you can say is “DAVE RAMSEY SAYS RISK”. I don't see Grt2bOutdoors's comments as angry, and he has not mentioned Dave Rams...
by VictoriaF
Thu Nov 09, 2017 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: College student... Financial mess... Need advice...
Replies: 58
Views: 5667

Re: College student... Financial mess... Need advice...

As I was reading the thread, I came up with another possible solution: The OP would transfer his half of the lease to the third person, a woman. Let's call her Lisa. Lisa would pay the OP, e.g., $500/month, and share the apartment with his ex-girlfriend. The OP would continue living rent-free with t...
by VictoriaF
Thu Nov 09, 2017 9:01 pm
Forum: Personal Consumer Issues
Topic: Comments on Kia Soul?
Replies: 36
Views: 1718

Re: Comments on Kia Soul?

https://www.aaafoundation.org/sites/default/files/CarColorAndSafety.pdf There might still be some opportunity for research in this area. https://www.carloans.com.au/top-10/top-10-safest-colours-for-cars Apparently the Aussies aren’t convinced that white is the way to go. And they don’t even have bl...
by VictoriaF
Thu Nov 09, 2017 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 329
Views: 34994

Re: Did you tell anyone you paid off your mortgage?

But here is an interesting observation related to the premise of this thread: - If you have paid your mortgage you are perceived as outrageously wealthy. - If you have always rented you are perceived as pitfully poor. Both perceptions can be far off the mark. Victoria, It is interesting that of all...
by VictoriaF
Thu Nov 09, 2017 7:39 pm
Forum: Personal Consumer Issues
Topic: Comments on Kia Soul?
Replies: 36
Views: 1718

Re: Comments on Kia Soul?

Not important at all: 1. Color I don't care about color esthetics but after I've read that white cars are more noticeable by other drivers I buy only white cars. I consider it a free safety feature. Victoria I have always wondered what the safest color for a car was? Have I convinced you? Victoria ...
by VictoriaF
Thu Nov 09, 2017 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity for winning the game
Replies: 39
Views: 3428

Re: Annuity for winning the game

Mike Piper (Oblivious Investor) and The Other Mel (TOM) gave an excellent presentation about annuities at BH-2017. If it's available on video, it's worth watching.

Victoria
by VictoriaF
Thu Nov 09, 2017 6:15 pm
Forum: Personal Consumer Issues
Topic: What do you do to keep your mind sharp?
Replies: 65
Views: 4783

Re: What do you do to keep your mind sharp?

I have discovered two nontrivial ways to sharpen my mind:
- Improvisation comedy
and
- Zumba.

A friend has recently mentioned that drumming is good for cognition. Does anyone know if that's true?

Victoria
by VictoriaF
Thu Nov 09, 2017 6:11 pm
Forum: Personal Consumer Issues
Topic: Comments on Kia Soul?
Replies: 36
Views: 1718

Re: Comments on Kia Soul?

Not important at all: 1. Color I don't care about color esthetics but after I've read that white cars are more noticeable by other drivers I buy only white cars. I consider it a free safety feature. Victoria I have always wondered what the safest color for a car was? Have I convinced you? Victoria
by VictoriaF
Thu Nov 09, 2017 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 329
Views: 34994

Re: Did you tell anyone you paid off your mortgage?

Biggest mistake of my life. Told friend and he’s been telling me how to live my life since. I wish I said I was broke like everyone else. Can you share your friend's advice? Does he recommend to take home loans? Does he want you to upgrade to a more expensive home? Does he suggest how to spend your...
by VictoriaF
Thu Nov 09, 2017 3:28 pm
Forum: Personal Consumer Issues
Topic: Comments on Kia Soul?
Replies: 36
Views: 1718

Re: Comments on Kia Soul?

I don't care about color esthetics but after I've read that white cars are more noticeable by other drivers I buy only white cars. I consider it a free safety feature. Victoria My wife won't buy a white car after reading about a driver in a white car driving into a ravine on the side of the road so...
by VictoriaF
Thu Nov 09, 2017 3:07 pm
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 12718

Re: The fear of retirement, black swan, and math to dissuade the fear.

Exactly, ultimately it becomes less about planning for specific type events and more about building general resiliency (or antifragility in Taleb's parlance) into your systems (financial and otherwise). So, does that mean anything aside from the usual cautions about retiring early - be well diversi...
by VictoriaF
Thu Nov 09, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: Comments on Kia Soul?
Replies: 36
Views: 1718

Re: Comments on Kia Soul?

protagonist wrote:
Thu Nov 09, 2017 2:30 pm

Not important at all:
1. Color
I don't care about color esthetics but after I've read that white cars are more noticeable by other drivers I buy only white cars. I consider it a free safety feature.

Victoria
by VictoriaF
Thu Nov 09, 2017 1:56 pm
Forum: Personal Consumer Issues
Topic: What is the difference between retiring and resigning from a job?
Replies: 42
Views: 4378

Re: What is the difference between retiring and resigning from a job?

It's a matter of the first mover advantage:

If you mistreat them, e.g., by embezzling funds or harassing beautiful colleagues, you resign.
If they mistreat you, e.g., by asking you to attend staff meetings, you retire.

Victoria
by VictoriaF
Thu Nov 09, 2017 1:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102261

Re: U.S. stocks in freefall

fantasytensai wrote:
Thu Nov 09, 2017 9:51 am
And.....we are back!!!
This thread is too lethargic.

Victoria
by VictoriaF
Thu Nov 09, 2017 12:27 pm
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 12718

Re: The fear of retirement, black swan, and math to dissuade the fear.

By the way, I'm having a special on alien enslavement insurance. Everyone who signs up in the next 48 hours will get a free can of zombie repellant. I am looking for pheromones for attracting zombies and surviving the zombie apocalypse while having the most spectacular love affair. Hopefully, they ...
by VictoriaF
Thu Nov 09, 2017 12:16 pm
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 12718

Re: The fear of retirement, black swan, and math to dissuade the fear.

It doesn't matter what you set your SWR at in terms of dealing with blackswan events. When the US gets nuked, the US devalues the dollar by 1000000%, the communists take over and sieze all private assets, civil war breaks out between red/blue states and so on (i.e. black swan events are not somethi...