Search found 1106 matches

by investingdad
Sat Jul 22, 2017 8:11 am
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Six Months Progress
Replies: 158
Views: 16374

Re: Learning an instrument as an adult? Six Months Progress

:( I overdid the practice this week and now my wrist tendons and two little fingers hurt. Always the worst case scenario person, I assume this means I'm done for good. Ok...in reality I'm going to force myself to rest my hand. I can practice open strings and work on smooth bow technique for awhile. ...
by investingdad
Fri Jul 21, 2017 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Turned 44...performance against forecast
Replies: 23
Views: 2257

Re: Turned 44...performance against forecast

In 2010 we carried about 120k in home equity. Today it's about 145 or 150k as the mortgage goes down.

Very little net worth is in our home.
by investingdad
Fri Jul 21, 2017 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Turned 44...performance against forecast
Replies: 23
Views: 2257

Re: Turned 44...performance against forecast

Getting to 1 million at 39 took continued discipline. Getting to 2 million at 43 was easy. $1 million and a 100% increase in four years is impressive, and not what I would call "easy" by any means....Congrats! I've noticed that I've gone from $830k at age 38 to about $1.6 million now havi...
by investingdad
Fri Jul 21, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Turned 44...performance against forecast
Replies: 23
Views: 2257

Re: Turned 44...performance against forecast

Our expenses have gradually ticked up. Our oldest is still six years from college and we've allowed our vacation budget to increase quite a bit. Our youngest is eight years from college and we figure we best get in family vacations while we can. So we are. I would guess our expenses at age 30 pre ki...
by investingdad
Fri Jul 21, 2017 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Turned 44...performance against forecast
Replies: 23
Views: 2257

Re: Turned 44...performance against forecast

Well, according to my spreadsheet, at 30 our combined salary was about 120k. It's doubled over the course of 14 years. That's about 5% annually. Salary is split about 55/45 in favor of my wife. We went from saving maybe 25k a year back then to saving about 70k a year today. That includes company mat...
by investingdad
Fri Jul 21, 2017 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Turned 44...performance against forecast
Replies: 23
Views: 2257

Re: Turned 44...performance against forecast

The AA is more aggressive than I'd like. It's about 73% equity, 23% bonds, balance cash. I've been trying to rebalance over the last four plus years and have managed to get it down from 85% equity. I now contribute most 401k money to bond funds, but with the rising equity markets it keeps weighting ...
by investingdad
Fri Jul 21, 2017 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Turned 44...performance against forecast
Replies: 23
Views: 2257

Re: Turned 44...performance against forecast

Our actuals are higher than forecast as a result of three things. - our salary went up more than expected, so our savings rate was higher. - market returns have been better than my model used. - my wife started getting company stock that outperformed the S&P the last six years. As I mentioned, I...
by investingdad
Fri Jul 21, 2017 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Turned 44...performance against forecast
Replies: 23
Views: 2257

Turned 44...performance against forecast

I joined BH four years ago but have basically followed the principels for the last twenty years. I recently turned 44 and dug up my forecast spreadsheet I made at age 30. The highlights... - at 30, our net was 249k - I was assuming an 8% portfolio return - I forecast a net of 1.2 million at 44 - I f...
by investingdad
Thu Jul 20, 2017 1:26 pm
Forum: Personal Consumer Issues
Topic: Investing well for Retirement can be frustrating
Replies: 52
Views: 3316

Investing well for Retirement can be frustrating

I work with other professional folks and I think I figured out one of my personal frustrations with investing for retirement versus other consumption and discretionary spending. A co-worker just bought a very nice luxury car. Not quite 100k but up there. While price wasn't discussed, he was thrilled...
by investingdad
Sat Jul 15, 2017 12:43 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 141
Views: 12389

Re: How are folks handling the unprecedented rise in the market ?

We're going on a heavily upgraded cruise this Autumn, can't wait.

Back on topic, part of the reason it feels like a big up market, for us, is because we've been in the market for some time now and even smaller gains translate into bigger dollar moves.
by investingdad
Wed Jul 12, 2017 8:30 am
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Six Months Progress
Replies: 158
Views: 16374

Re: Learning an instrument as an adult? Six Months Progress

I just wanted to add one other thing I'm proud of. When I first started, my teacher would play some of the pieces along with me. I had to politely ask her not to because it was too distracting. I often ask her to play a practice piece for me when I'm having trouble. Usually after listening to her, I...
by investingdad
Tue Jul 11, 2017 8:35 pm
Forum: Personal Consumer Issues
Topic: Family member fleecing Alzheimers victim
Replies: 26
Views: 4697

Re: Family member fleecing Alzheimers victim

This story doesn't surprise me in the least. When my grandmother's health was failing, my cousins (in their 40s) were circling like vultures. Unfortunately for them, their father (my grandmother's son) beat them to the punch by convincing her to name him sole power of attorney. After which he hosed ...
by investingdad
Tue Jul 11, 2017 5:04 pm
Forum: Personal Consumer Issues
Topic: Advice on buying a musical instrument
Replies: 17
Views: 977

Re: Advice on buying a musical instrument

This luthier will give me 100% credit on rental fees if I buy. In addition, he'll take 100% of the purchase price against a future, upgraded purchase if I trade up down the road.

He has a sterling reputation with the local orchestras.
by investingdad
Tue Jul 11, 2017 1:07 pm
Forum: Personal Consumer Issues
Topic: Advice on buying a musical instrument
Replies: 17
Views: 977

Re: Advice on buying a musical instrument

I currently have the two violins I liked best at home as loaners, but after getting them home I gravitated back to the rental.

The luthier is independent and I sought him out, the instructor is independent as well. No school involved.
by investingdad
Tue Jul 11, 2017 10:58 am
Forum: Personal Consumer Issues
Topic: Advice on buying a musical instrument
Replies: 17
Views: 977

Advice on buying a musical instrument

Rather than put this on my other thread, I thought it would be better served as a stand alone. I'm planning to buy my own violin rather than keep renting. My rental has a sell price of about $1300 or so. I spent yesterday trying out different violins in the under $5000 range. I really wanted to buy ...
by investingdad
Mon Jul 10, 2017 4:07 pm
Forum: Personal Consumer Issues
Topic: how to destroy hard disk with personal info
Replies: 99
Views: 7091

Re: how to destroy hard disk with personal info

Bury it in your yard.
by investingdad
Mon Jul 10, 2017 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 93
Views: 12208

Re: Can we/should we afford a $2M house?

Which way is the afternoon sun facing? What part of the country do you live in? Folks always neglect this and it's incredibly important. We are in P.A. and the back of our house faces southeast. This means shaded deck in the afternoon and evening and low, winter sun warming the house during the cold...
by investingdad
Fri Jul 07, 2017 9:01 pm
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Six Months Progress
Replies: 158
Views: 16374

Re: Learning an instrument as an adult? Six Months Progress

Oh, I won't be buying new. His hand crafted violins are way more than I want to spend. Instead I'll be looking at a used instrument. I'm going to try to focus on what sounds good to my ear and feels right when I play it. Once I've selected a violin, I'll look for a bow...otherwise I think it's too ...
by investingdad
Fri Jul 07, 2017 10:03 am
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Six Months Progress
Replies: 158
Views: 16374

Re: Learning an instrument as an adult? Six Months Progress

Oh, I won't be buying new. His hand crafted violins are way more than I want to spend. Instead I'll be looking at a used instrument. I'm going to try to focus on what sounds good to my ear and feels right when I play it. Once I've selected a violin, I'll look for a bow...otherwise I think it's too m...
by investingdad
Wed Jul 05, 2017 9:44 am
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Six Months Progress
Replies: 158
Views: 16374

Re: Learning an instrument as an adult? Six Months Progress

On violin cost, I've budgeted between 3k and 5k for a used violin and bow. The luthier is going to have a half dozen or so instruments in my cost range to try over the course of an hour or so. Once I've narrowed it to two, he wants me to take them home for a week to try. Only after that point will h...
by investingdad
Wed Jul 05, 2017 8:37 am
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Six Months Progress
Replies: 158
Views: 16374

Re: Learning an instrument as an adult? Almost Five Month Update

So I probably won't update this thread quite as frequently going forward. But I did want to mention that I've now been doing this violin thing for six months. I continue to do once a week lessons with a very nice teacher. And despite being a 40 something adult, I still get nervous when showing off a...
by investingdad
Tue Jun 27, 2017 4:02 pm
Forum: Personal Consumer Issues
Topic: Cruise With The Grandkids
Replies: 31
Views: 2119

Re: Cruise With The Grandkids

Anthem of the Seas by RCCL had a lot of stuff for that age range when we went two years ago.

This year we're doing the Haven with our 12 y.o. and 10 y.o., should be good. Better be for the price.
by investingdad
Fri Jun 16, 2017 7:11 am
Forum: Personal Consumer Issues
Topic: Turbochargers
Replies: 60
Views: 3950

Re: Turbochargers

And if anyone is interested, for industrial operations where the goal is making air or gas cold....the expander side of the turbo (where the exhaust gas goes in a car application of a turbo) is what's of greatest interest. At the outlet, temperatures go down to the point where air condenses to liqui...
by investingdad
Thu Jun 15, 2017 2:51 pm
Forum: Personal Consumer Issues
Topic: Turbochargers
Replies: 60
Views: 3950

Re: Turbochargers

Turbocharged engines use the exhaust gases to spin a turbine at very high speeds in order to force more air into the engine. Sometimes premium gasoline is required or recommended because of higher compression. Even though most turbocharger bearings are cooled with the engine coolant, there is still...
by investingdad
Sun Jun 11, 2017 7:12 am
Forum: Personal Consumer Issues
Topic: College admissions question - she got a "C"
Replies: 100
Views: 8249

Re: College admissions question - she got a "C"

I graduated in 1991, college in 1995. So maybe my views are outdated. My oldest starts 7th grade this fall. Anyway, I think this board is filled with the sort of successful people we'd like our kids to emulate for the most part, right? I graduated high school with an equal mix of As, B's, and Cs. I ...
by investingdad
Mon Jun 05, 2017 6:25 am
Forum: Personal Finance (Not Investing)
Topic: New Milestone
Replies: 39
Views: 3399

Re: New Milestone

As somebody that hit the two comma club at 39, and am 43 now, allow me to share that the second million should come a lot faster and easier than the first. Congrats, things start to get exciting at this point. This assumes a good market that the second million will come faster. For me, the second m...
by investingdad
Sun Jun 04, 2017 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: New Milestone
Replies: 39
Views: 3399

Re: New Milestone

As somebody that hit the two comma club at 39, and am 43 now, allow me to share that the second million should come a lot faster and easier than the first.

Congrats, things start to get exciting at this point.
by investingdad
Fri Jun 02, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: How does somebody go through Sheriff's Sale and buy a house?
Replies: 3
Views: 726

How does somebody go through Sheriff's Sale and buy a house?

Without going into a lot of detail on the who and why, could those folks more knowledgeable than I explain this situation to me? A person loses their home in Sheriff's sale in 1998. Then they purchase another home, which they lose in a Sheriff's sale in 2008. To top it off, they gain interest in a t...
by investingdad
Thu May 25, 2017 11:22 am
Forum: Personal Consumer Issues
Topic: Help! Renters asking for radon mitigation--what do I need to do?
Replies: 18
Views: 1721

Re: Help! Renters asking for radon mitigation--what do I need to do?

6.6 isn't high.

35 is...that's what ours was before we installed a remediation system ahead of finishing the basement. It's around 5 post remediation.

The system itself cost about $500, but I already had the pipe running from basement to attic during construction.
by investingdad
Wed May 24, 2017 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Guidance needed, at a crossroads in my current job.
Replies: 19
Views: 2237

Re: Guidance needed, at a crossroads in my current job.

I used to work in a small company like this out of college, twenty years ago.

I'd never go back.

There are downsides to mega corps, lots of them, but the OP just listed out all the reasons why small companies can be that much worse.
by investingdad
Wed May 24, 2017 8:53 am
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 107
Views: 13912

Re: i am my own "guy," but not sure I should advertise that

There's a "guy" that lives on my street..I know based on his LinkedIn profile. Completely true...here's what I can tell you about this "guy": - around age 30 and single - two BMWs and a Z in the driveway - put 3% down on the house when he bought it last year (our county has onlin...
by investingdad
Sun May 21, 2017 7:15 am
Forum: Personal Consumer Issues
Topic: Suggested Reading or Advice for Father-to-be
Replies: 28
Views: 2163

Re: Suggested Reading or Advice for Father-to-be

Get a baby monitor, but get baby comfortable falling asleep on his or her own as soon as possible. Rocking them to sleep rather than letting them fall asleep on their own past six months is a nasty trap to fall into. Made that mistake with the first, corrected with the second.
by investingdad
Sun May 21, 2017 7:10 am
Forum: Personal Finance (Not Investing)
Topic: Job loss
Replies: 28
Views: 2485

Re: Job loss

Is the firing for anything that may be considered illegal? That's a different ball of wax. In which case, posting may not be in your best interest.

If you told the manage to bugger off and got into an altercation, that's unfortunate but the occasional side effect of life.
by investingdad
Fri May 19, 2017 6:54 am
Forum: Personal Finance (Not Investing)
Topic: Question for you high net worth individuals... [real estate investments]
Replies: 82
Views: 10720

Re: Question for you high net worth individuals...

Based on the OP's stated cutoff, we are not high net worth...only 2 million at the moment, none of that is real estate or home equity. I, frankly, am in the camp of people that are sick of reading Yahoo type articles that state the only sure way to wealth is by creating that magical second or third ...
by investingdad
Wed May 17, 2017 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Was there a $$$ number after which things got easier?
Replies: 72
Views: 9932

Re: Was there a $$$ number after which things got easier?

I'm one of the posters that said things got easier when portfolio increases were greater than our income in a given year. So why are we working? Because there's no guarantee the market will perform well next year. In which case our income may be needed just to stay level on the year. So easier for s...
by investingdad
Mon May 15, 2017 9:25 am
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Six Months Progress
Replies: 158
Views: 16374

Re: Learning an instrument as an adult? Almost Five Month Update

So almost five months now since I decided to tackle the violin. What's been happening? Well, I continue to practice between 7 and 9 hours per week as well as one private lesson per week. I'm finding a handful of notes are sounding a little nicer. This is primarily true on notes where I have third fi...
by investingdad
Sun May 14, 2017 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Was there a $$$ number after which things got easier?
Replies: 72
Views: 9932

Re: Was there a $$$ number after which things got easier?

For me, it was when our portfolio was appreciating more in a year than I was / am earning by going to work. Granted, said portfolio could lose money and hopefully I won't when I go to work during the year. It's nice to have a third member at work for us, it doesn't ask for anything and near as I can...
by investingdad
Sat May 13, 2017 3:07 pm
Forum: Personal Consumer Issues
Topic: Anybody have "Haven" experience on Norwegian Cruise Lines?
Replies: 1
Views: 491

Anybody have "Haven" experience on Norwegian Cruise Lines?

My wife and I booked ourselves in a Haven suite on Norwegian later this year. We've sailed them before but never upgrade ourselves to this extent. I lurk the Cruise Critic forum sometimes but don't post there. Wondering if any BH cruisers may have done this type of upgrade before. I think the bigges...
by investingdad
Fri May 12, 2017 9:31 am
Forum: Investing - Theory, News & General
Topic: Did you buy SNAP?
Replies: 116
Views: 10560

Re: Did you buy SNAP?

Disappears? I challenge that based on meta data collection by certain agencies.
by investingdad
Fri May 12, 2017 9:01 am
Forum: Investing - Theory, News & General
Topic: Did you buy SNAP?
Replies: 116
Views: 10560

Re: Did you buy SNAP?

My view of SNAP is that it's an App, not a company. Do I understand this correctly...it's a company that allows you to paste cartoon images over photos and then share them and chat about them? Please tell me there is more to the business model than that... ...because if that's the gist, I must be mi...
by investingdad
Mon May 08, 2017 5:55 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 19255

Re: Why save so much for when you're old?

I'm now almost 44...and I would give anything to go back 20 years, buy 24 year old me a beer, and thank me for being a long-term thinking kinda guy. I'd tell him his long view has bought us options, lots of them, and many nights of stress free sleep. I'd tell about the $5000 MRI procedure as a resu...
by investingdad
Mon May 08, 2017 9:05 am
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 19255

Re: Why save so much for when you're old?

I was friends with the OP when I was 24. Said friend told me, "you can sleep when you're dead", whenever I was ready to call it a night because I liked getting sleep. Said friend also used to laugh and ask why I was talking about retirement when I just started working and was only 24. I lo...
by investingdad
Thu May 04, 2017 5:40 am
Forum: Personal Finance (Not Investing)
Topic: Do you know exactly what % of income you spend?
Replies: 48
Views: 3749

Re: Do you know exactly what % of income you spend?

As others have picked up on, I meant spending exclusive of what goes to taxes and investing.
by investingdad
Wed May 03, 2017 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Do you know exactly what % of income you spend?
Replies: 48
Views: 3749

Do you know exactly what % of income you spend?

With our taxes complete for 2016 and all our spending neatly tracked in Quicken, I determined exactly how many cents of every gross dollar earned last year went to expenses. Answer...43.5¢ That surprised me, I didn't anticipate it being that low. I'm sure others are spending less, some more. How do ...
by investingdad
Tue May 02, 2017 6:26 am
Forum: Personal Finance (Not Investing)
Topic: I'm kinda sorta in the 2-comma club
Replies: 23
Views: 3866

Re: I'm kinda sorta in the 2-comma club

Nah, it's legit.

Congrats!

The next milestone is two commas on your portfolio only. Then, two million. And so on.

The second mill should come faster than the first. Then things get exciting.
by investingdad
Sun Apr 30, 2017 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Does Retirement Planning impact your job performance?
Replies: 68
Views: 7394

Re: Does Retirement Planning impact your job performance?

I like my job, but I do tire of the arrogant people climbing the ladder and letting everyone know how incredibly important they are. One guy has become completely insufferable since being made a VP. That's the sort of thing I tire of. There's a part of me that wants to retire really for no other rea...
by investingdad
Fri Apr 28, 2017 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford this home?
Replies: 24
Views: 2270

Re: Can we afford this home?

Numbers get crunched on here. If things don't add up, there is no better place for having that questioned and picked apart. When it comes to finances, no sugar coating around these parts. :)

I also wondered about the numbers but others beat me to the punch.
by investingdad
Fri Apr 28, 2017 5:22 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford this home?
Replies: 24
Views: 2270

Re: Can we afford this home?

We took out a mortgage for 240k at 3.375% for 30 years back in 2010. While we are making around 265k a year now, at the time it was close to 200k. Taxes are similar. I was comfortable with it though it felt like a lot. We carried no debt and maxed all retirement accounts. If we dropped to one income...
by investingdad
Tue Apr 25, 2017 1:39 pm
Forum: Personal Consumer Issues
Topic: Fiberglass batt in basement ceiling
Replies: 20
Views: 1564

Re: Fiberglass batt in basement ceiling

First, Fiberglass batts absolutely retard air flow. The fiberglass isn't the insulator. The trapped air within the fiberglass is the insulator. For that to happen, the air must be kept stagnant. So I want to clear that up. Second, I left mine in when I finished the basement. A new cold air return wa...
by investingdad
Tue Apr 25, 2017 9:07 am
Forum: Personal Consumer Issues
Topic: Do you have a Billiards Table?
Replies: 5
Views: 953

Do you have a Billiards Table?

Wondering who shoots pool on here and if you do, if you have your own table. When we finished the basement we made it a gameroom and I finally got the billiards table I wanted. I'm not a great pool player, but I enjoy sipping beer, watching football, and shooting a rack. I bought an Olhausen table n...

Go to advanced search