Search found 1033 matches

by investingdad
Fri Mar 24, 2017 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Ever apply a competitor and have word get back to your employer?
Replies: 29
Views: 2878

Re: Ever apply a competitor and have word get back to your employer?

I used to drive an hour to work, unless the weather was bad...then it could increase dramatically.

About ten years ago I changed employers and now have a 35 minute drive through the countryside. Huge improvement.

Shorter commutes do wonders for work life balance.
by investingdad
Wed Mar 22, 2017 9:21 am
Forum: Investing - Theory, News & General
Topic: Sitting down with Fidelity advisor next week
Replies: 14
Views: 1813

Re: Sitting down with Fidelity advisor next week

Joking aside, I met with them on this topic...two or three years ago, I think? One bit they got me thinking about was how I was going to fund the bridge between early retirement and when I could access tax advantaged accounts. As a result, I put more focus on taxable accounts. I think I've got it ad...
by investingdad
Tue Mar 21, 2017 6:34 pm
Forum: Investing - Theory, News & General
Topic: Sitting down with Fidelity advisor next week
Replies: 14
Views: 1813

Sitting down with Fidelity advisor next week

It's complementary through my employer since Fidelity does our 401k stuff. It's a chance to discuss my goals, objectives, and retirement plans and concerns with Fidelity on our office campus. I'm looking forward to getting his opinion on my 3.25% planned SWR based on retirement at 55, if he agrees w...
by investingdad
Tue Mar 21, 2017 5:28 am
Forum: Personal Consumer Issues
Topic: IRS letter: employment related identity theft
Replies: 4
Views: 879

Re: IRS letter: employment related identity theft

Perhaps get a pin with the IRS also to prevent them from filing a fraudulent tax return. https://www.irs.gov/individuals/get-an-identity-protection-pin This isn't simply available to everyone, there are specific criteria. We did get a Pin from the IRS without needing to request after last year's is...
by investingdad
Mon Mar 20, 2017 2:21 pm
Forum: Personal Consumer Issues
Topic: IRS letter: employment related identity theft
Replies: 4
Views: 879

Re: IRS letter: employment related identity theft

I went down this path last year after some scum sucker filed a false return in my name and created an online Social Security login for me...accessing my SSA account. You should freeze with all three credit agencies plus the Chexx people. Don't bother with alerts at this point, freeze them. You can s...
by investingdad
Sun Mar 19, 2017 9:09 am
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 169
Views: 14100

Re: "Millionaire Next Door" Net Worth Formula

We are 43 and 44...and I agree that the formula has many limitations.

That said, we meet the criteria to be PAWs...just barely though, coming in at exactly 2x.
by investingdad
Sun Mar 19, 2017 8:47 am
Forum: Personal Consumer Issues
Topic: Looking for a snazzy car
Replies: 79
Views: 4112

Re: Looking for a snazzy car

Miatas are great track cars, and for a good reason.

You can get an older model one for not much money. I'd say the older ones are probably better on the track anyway.
by investingdad
Fri Mar 10, 2017 12:44 pm
Forum: Personal Consumer Issues
Topic: How to Die
Replies: 167
Views: 22590

Re: How to Die

My wife and I were staring down this situation for a brief period of time when she was pregnant with our daughter. There were some complications at the 21 week period of gestation and she was put on hospital bed rest and considered high risk for a premature delivery. After doing research on what a p...
by investingdad
Wed Mar 08, 2017 10:13 am
Forum: Investing - Theory, News & General
Topic: selling RSU immediately
Replies: 40
Views: 5497

Re: selling RSU immediately

The decision may partly rest on your role in the company.

My wife's role puts her in very close contact with executive leaders and she has access to privileged information. She has clear visibility to health of the corporation.

We keep her RSUs.
by investingdad
Mon Mar 06, 2017 7:41 pm
Forum: Personal Consumer Issues
Topic: Car engines. Turbo vs no turbo
Replies: 68
Views: 4755

Re: Car engines. Turbo vs no turbo

Turbo point of failure is almost always the bearings.
by investingdad
Mon Mar 06, 2017 11:50 am
Forum: Investing - Theory, News & General
Topic: Did you buy SNAP?
Replies: 85
Views: 6417

Re: Did you buy SNAP?

I don't understand the product or how it makes money.
by investingdad
Fri Mar 03, 2017 11:07 am
Forum: Investing - Theory, News & General
Topic: Generating Passive income
Replies: 33
Views: 3661

Re: Generating Passive income

Fair enough, but that means you leveraged by taking out a loan to buy the property. Which imparts its own risk profile. The return may be greater but the risk must also be higher as a result. Right? Passive income does imply risk free income. Or so it seems to me... Many roads to Dublin, I suppose.
by investingdad
Fri Mar 03, 2017 8:59 am
Forum: Investing - Theory, News & General
Topic: Generating Passive income
Replies: 33
Views: 3661

Re: Generating Passive income

Isn't building up a large financial portfolio of mutual funds and gradually selling them off to meet living expenses the same thing as a "passive" income stream in that it meets the end goal objective? It always bugs me when I see people hawking books and seminars on building passive incom...
by investingdad
Thu Mar 02, 2017 10:48 am
Forum: Investing - Theory, News & General
Topic: Market Run Ups - Now vs. Then
Replies: 88
Views: 5918

Re: Market Run Ups - Now vs. Then

Quicken shows me portfolio make-up, so it's pretty easy to see when the mix is off kilter.
by investingdad
Thu Mar 02, 2017 9:57 am
Forum: Investing - Theory, News & General
Topic: Market Run Ups - Now vs. Then
Replies: 88
Views: 5918

Re: Market Run Ups - Now vs. Then

I've been using my tax advantaged accounts to rebalance. I just shifted around another 0.25% this morning in addition to making our monthly purchases. So about a 1.25% rebalance from equity to bond funds in total. Nothing more to do at this point except do what we've done for the last twenty plus ye...
by investingdad
Thu Mar 02, 2017 6:27 am
Forum: Investing - Theory, News & General
Topic: Market Run Ups - Now vs. Then
Replies: 88
Views: 5918

Re: Market Run Ups - Now vs. Then

I shifted 1% from equity to bonds at the close yesterday. My ratio is getting out of whack and just contributing new money to bonds isn't getting it done.
by investingdad
Tue Feb 28, 2017 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Ugh, why is buying a new car so painful?
Replies: 64
Views: 7142

Re: Ugh, why is buying a new car so painful?

I negotiated a price on my last car with a sales guy and when I went to sign, I was told by the manager there was a "problem" and I wasn't eligible for whatever incentive bundling they quoted. "Really?", I asked, "That's not really my problem, though, right?". And then ...
by investingdad
Sun Feb 26, 2017 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 495
Views: 119109

Re: Share your networth progression

Just the last few years or so of good records measured at year end, or YTD for 2015 2006 $425 2007 $500 2008 $345 2009 $592 2010 $796 2011 $918 2012 $1,129 2013 $1,435 2014 $1,622 2015 $1,861 (projected $2M+ by end of year) Actually, back in late 2007/early 2008 I had a bunch of stock options vest ...
by investingdad
Wed Feb 22, 2017 12:13 pm
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 15419

Re: Why do you go to restaurants?

My 9 y.o. son discovered the secret to a great meal that resonates months later. Last Fall, we were at his soccer playoffs. They just won the semi-final on a chilly, and windy, night. Before his Final, we went to Panera for dinner. Some of his teammates were there also and we all sat together, warmi...
by investingdad
Tue Feb 21, 2017 12:46 pm
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Seven Week Update
Replies: 131
Views: 11304

Re: Learning an instrument as an adult? Seven Week Update

Thanks for the encouraging words. I've recorded myself for just this reason, as a benchmark. One thing that's really cool is those (for now) rare moments when I've caught my subconscious mind directing my fingers to the next position in anticipation of an upcoming note in a way I didn't expect. It w...
by investingdad
Tue Feb 21, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Tracking progress to $1M portfolio and no mortgage by 40
Replies: 40
Views: 7219

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

We had a similar goal and similar numbers as the OP when we were in our early 30s. I wanted to hit 1 million by 39. We did. And the track appears similar. OP...obviously a lot can happen and the market can throw a fit. But I have good news, if you make your target, the second million comes a whole l...
by investingdad
Mon Feb 20, 2017 3:35 pm
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Seven Week Update
Replies: 131
Views: 11304

Re: Learning an instrument as an adult? Seven Week Update

I think a lot is motivation. I really want to do this, and that makes it really easy to practice. Make no mistake, I don't think I sound very good though my tutor has told me my tone is better than I think given the short time I've been playing. The best part is trying a new piece, struggling, and t...
by investingdad
Mon Feb 20, 2017 1:41 pm
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Seven Week Update
Replies: 131
Views: 11304

Re: Learning an instrument as an adult?

So just a little update here... After a painful couple of weeks, my arm and wrist finally conceded the point that we were going to learn to play. I'm happy to say that while I still feel the effects of some exertion in my left forearm, the discomfort of holding a violin is mostly gone. I've gotten i...
by investingdad
Thu Jan 12, 2017 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: How to build passive income
Replies: 45
Views: 4512

Re: How to build passive income

The OP has the feel of somebody that has read the numerous "advice" columns on how "millionaires" build wealth by doing these seven things. One of which is, invariably, developing multiple streams of income. That and getting a mentor. But short of that, very little additional inf...
by investingdad
Thu Jan 12, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Did you get an IRS pin code for filing?
Replies: 15
Views: 1420

Did you get an IRS pin code for filing?

After a false tax return was filed in our name last year (thanks to the person who did this, by the way, you've been very helpful and I hope the universe repays you someday) we received a security pin code last week. To the credit of the IRS, they were pretty easy to work with during all this. No do...
by investingdad
Wed Jan 11, 2017 6:50 pm
Forum: Personal Consumer Issues
Topic: Are $50 drugstore and supermarket "drones" any fun?
Replies: 18
Views: 2223

Re: Are $50 drugstore and supermarket "drones" any fun?

Again, check out Horizon Hobby and look at the Blade quadcopters.

They can be flown outside and have great flight dynamics and software.
by investingdad
Tue Jan 10, 2017 3:03 pm
Forum: Personal Consumer Issues
Topic: Are $50 drugstore and supermarket "drones" any fun?
Replies: 18
Views: 2223

Re: Are $50 drugstore and supermarket "drones" any fun?

I suggest you spend about $25 on Amazon for a micro quadcopter and another $10 for extra batteries. I got a pair of Eachine E010 quads for my kids. They fly very well...if you know how to fly them, which I do. The electronics are delicate, however. You could spend a bit more with Horizon Hobby for a...
by investingdad
Mon Jan 09, 2017 10:32 pm
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Seven Week Update
Replies: 131
Views: 11304

Re: Learning an instrument as an adult?

So I talked my 11 year old who's been playing the flute with private tutoring for 2.5 years to come downstairs tonight and accompany me on my open string, and limited first finger, exercises. There were quite a few false starts (all me) but we finally made it through one exercise together. She's nev...
by investingdad
Fri Jan 06, 2017 11:56 am
Forum: Personal Consumer Issues
Topic: Cookies that don't go away
Replies: 19
Views: 1677

Re: Cookies that don't go away

And here I thought we were talking about cheap. Christmas cookies the in-laws bring that nobody likes... :)
by investingdad
Sat Dec 31, 2016 4:04 pm
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Seven Week Update
Replies: 131
Views: 11304

Re: Learning an instrument as an adult?

I've already started practicing on the violin, found a teacher, and am having my best go. I'm no longer that interested in why this will be difficult, take a long time to not stink, etc. I've shared on here that I made the decision to begin saving for retirement at 23, then followed through, and lis...
by investingdad
Thu Dec 29, 2016 8:38 pm
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Seven Week Update
Replies: 131
Views: 11304

Re: Learning an instrument as an adult?

Shoulder rest showed up via Amazon today. Got it fitted on and guess what? I can hold the violin in place with just my head and shoulder now and let my left arm hang down while still using the bow.

Brilliant in its simplicity.
by investingdad
Wed Dec 28, 2016 4:09 pm
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Seven Week Update
Replies: 131
Views: 11304

Re: Learning an instrument as an adult?

I'm well aware i won't be playing anything for awhile. After the initial messing around I just spent most of the time moving from open string to open string.

Since my first lesson is next week, I'm going to wait on the tutor to get me started for real.
by investingdad
Wed Dec 28, 2016 7:58 am
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Seven Week Update
Replies: 131
Views: 11304

Re: Learning an instrument as an adult?

Got my rental violin from a specialty luthier. Used, Romanian made instrument. The owner of the violin shop apparently does not deal in anything from China and does not rent to schools. $30 a month and violin would sell for about $2500. First lesson next week. Awkward to hold and I just ordered a sh...
by investingdad
Tue Dec 27, 2016 9:52 am
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 11455

Re: At what age, income, and NW would you buy a $50k car?

Another way to decide from this post back in 2012 : As I've mentioned before, my metric is the amount our portfolio goes up or down on a single day. One can pick a typical "really good" or "really bad" day if you want to for that single day. This gives one the amount of "no...
by investingdad
Mon Dec 26, 2016 11:03 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 11455

Re: At what age, income, and NW would you buy a $50k car?

With that income and NW I wouldn't think twice. I've never bought a $50k vehicle but I've had three vehicles which cost in the mid $40k range. My income and NW are nowhere near your example but I still believe I'm saving a good amount of money so I don't mind spending money on cars. If you can affo...
by investingdad
Mon Dec 26, 2016 6:02 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 11455

Re: At what age, income, and NW would you buy a $50k car?

I think the OP is in fine shape...but he didn't give his cash flow. 400k is great, but not if you have 300k expenses. Just consider appearances. There's a guy in my office that bought a 130k car and he dresses like he's in financial straits despite being a senior engineer. It looks pretty ridiculous.
by investingdad
Sat Dec 24, 2016 12:06 am
Forum: Personal Finance (Not Investing)
Topic: Identity Fraud
Replies: 1
Views: 380

Re: Identity Fraud

I had somebody create an online account for me with the Social Security office and file a false tax return last year.

Freeze everything. It's the best defence. Also, block electronic and phone access to social security.
by investingdad
Thu Dec 22, 2016 10:31 pm
Forum: Personal Consumer Issues
Topic: Cappuccino/Espresso machine recommendations?
Replies: 39
Views: 2667

Re: Cappuccino/Espresso machine recommendations?

We have a Jura Impressa C60 which we like a lot. It has a built-in frother and grinder. It can use beans or ground coffee and can make American coffee, espresso and cappuccino/lattes, all very well. The froth it produces is not as good as a Nespresso, however. I enjoy good coffee but am not a coffe...
by investingdad
Wed Dec 21, 2016 9:45 pm
Forum: Personal Consumer Issues
Topic: Hard Endeavor/Exercise in Middle Age
Replies: 118
Views: 7527

Re: Hard Endeavor/Exercise in Middle Age

Taking up tennis is a fine choice, but it won't be a hard workout until you develop some basic skill on the court and that will take some time. Adult clinics are the best choice. I'm 43 and picked the game back up at age 40 after a ten year break. Glad I did and the twenty years of court experience ...
by investingdad
Thu Dec 15, 2016 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Well, just got first pair of golden handcuffs
Replies: 58
Views: 8925

Re: Well, just got first pair of golden handcuffs

I'm not expecting any appreciable affect on our portfolio as a result of these RSUs. I'm simply not high enough in the corporate structure to get that size of an award. As I said, these are not freely handed out so to be tapped this year after putting together back to back strong reviews is more imp...
by investingdad
Thu Dec 15, 2016 6:36 am
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Seven Week Update
Replies: 131
Views: 11304

Re: Learning an instrument as an adult?

So the update is my daughter's tutor gave me the name of a teacher close by who has a number of adult students. She lives only about 12 minutes away.

So, it seems like that will be a good path forward based on suggestions on here.
by investingdad
Tue Dec 13, 2016 12:56 pm
Forum: Personal Consumer Issues
Topic: On the Difficulty of Things (separate from adults and instruments)
Replies: 11
Views: 1610

On the Difficulty of Things (separate from adults and instruments)

I wanted to start a separate thread on this. First, I appreciate all of the wonderful replies I got when asking about learning an instrument as an adult. I asked about pros and cons and received them, thank you. But I'd like to share two personal life lessons on difficulty...both of which I learned ...
by investingdad
Tue Dec 13, 2016 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Well, just got first pair of golden handcuffs
Replies: 58
Views: 8925

Re: Well, just got first pair of golden handcuffs

Well...RSUs are a big deal at my company as they are not freely handed out. We obviously don't work at the same place.
by investingdad
Mon Dec 12, 2016 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Well, just got first pair of golden handcuffs
Replies: 58
Views: 8925

Well, just got first pair of golden handcuffs

Yearly review time. I changed roles within my company a couple of years ago. Little slow getting up to speed but last two years have gone really well. Restricted stock isn't typically discussed out loud at my mega corp but most folks know it's out there. Well, I guess I'm one of the cool kids now be...
by investingdad
Thu Dec 08, 2016 10:07 pm
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Seven Week Update
Replies: 131
Views: 11304

Re: Learning an instrument as an adult?

Calculus in college wasn't easy, either. But I gutted it out because I had to in order to get an engineering degree. Chemical engineering wasn't particularly easy. But I stayed with that because of the job prospects. Getting an MBA while working full time wasn't easy and neither was making the decis...
by investingdad
Thu Dec 08, 2016 3:00 pm
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Seven Week Update
Replies: 131
Views: 11304

Re: Learning an instrument as an adult?

Thanks all. Given that there seems to be an instructor close by, this seems like the best path forward. Who knows, maybe this is just scratching an itch to see what happens. But I decided I was done with tennis after twenty years of playing, took a decade off, and started again a few years ago. Glad...
by investingdad
Wed Dec 07, 2016 10:20 pm
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Seven Week Update
Replies: 131
Views: 11304

Re: Learning an instrument as an adult?

I talked to my daughter's flute tutor tonight and apparently there is a violin instructor local to me. The good news is that she has fully grown children so I'm hoping the teacher will be older than the student! My daughter's tutor was very enthusiastic about an adult willing to have a go at it and ...
by investingdad
Tue Dec 06, 2016 6:26 pm
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Seven Week Update
Replies: 131
Views: 11304

Re: Learning an instrument as an adult?

Thanks all.

I'm an introvert. Solitary musical play would be appealing.

Daughter has flute lessons tomorrow and her instructor plays with the local symphony. I will pepper her with some requests for advice.
by investingdad
Tue Dec 06, 2016 2:03 pm
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Seven Week Update
Replies: 131
Views: 11304

Learning an instrument as an adult? Seven Week Update

Any folks on here decide they'd like to learn to play an instrument for the first time as an adult and total beginner? As in, you cannot even read music? If so, what did you try and how did it go? My daughter has been playing the flute for two years and had her first public recital this weekend. She...
by investingdad
Mon Dec 05, 2016 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Spouses and spending styles...
Replies: 53
Views: 5877

Re: Spouses and spending styles...

My wife is not comfortable spending money and it can be a bit annoying. We are grossing between 250k and 280k, have expenses about 40% of our gross, and right around 2 mil net worth (small percentage of that is home equity). Not bad for 43. And our income is close to a 50/50 split. But the more our ...

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