Search found 890 matches

by investingdad
Tue Apr 26, 2016 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: I Hate My Job: Politics at Work (Advice Needed)
Replies: 99
Views: 8708

Re: I Hate My Job: Politics at Work (Advice Needed)

There was also some implied expectations during my interview that I will be the main individual contributor for the specific R&D project that I am hired for - which is why I took the job. In retrospect, I might have misread the situation. It turned out on the first day of the job, I found out t...
by investingdad
Tue Apr 26, 2016 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: I Hate My Job: Politics at Work (Advice Needed)
Replies: 99
Views: 8708

Re: I Hate My Job: Politics at Work (Advice Needed)

FWIW: I actively give away credit, even to people who do not really fully deserve it. I do enough good work and have enough recognition that I will do fine if I do not get all the credit. And guess what? People like to work with me and my teams do very well. This is hugely important and something m...
by investingdad
Tue Apr 19, 2016 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Need Help, received tax refund check before filing tax returns
Replies: 10
Views: 893

Re: Need Help, received tax refund check before filing tax returns

A fraudulent return was filed in my name this year but the IRS and I figured out what was happening before a check was sent. I'm guessing fraud for the OP and he should assume all personal information has been compromised. Take action now with SSA, IRS, and all credit agencies. Why did the check go ...
by investingdad
Sat Apr 16, 2016 5:34 pm
Forum: Personal Consumer Issues
Topic: Buying the most expensive house on the street?
Replies: 34
Views: 4503

Re: Buying the most expensive house on the street?

You buy the house that makes you happy, as long as you can afford it, period.
by investingdad
Tue Apr 12, 2016 7:55 pm
Forum: Personal Consumer Issues
Topic: I'm willing to pay them whatever they want!
Replies: 66
Views: 7248

Re: I'm willing to pay them whatever they want!

ensign wrote:Preparation H! :mrgreen:

Dude...you have NO idea.

Good call.
by investingdad
Sun Apr 10, 2016 2:26 pm
Forum: Personal Consumer Issues
Topic: I'm willing to pay them whatever they want!
Replies: 66
Views: 7248

Re: I'm willing to pay them whatever they want!

Stern Pinball.
Dogfish Head brewery.
by investingdad
Fri Apr 01, 2016 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Your first $100k
Replies: 52
Views: 7810

Re: Your first $100k

I have a goal to grow my retirement investment portfolio to $100k by the time I am 30 years old. I am a little more than halfway there at 26, very soon to be 27. My question for my fellow investors is at what age did you grow your retirement portfolio to $100k? And after that, how soon did $200k co...
by investingdad
Tue Mar 29, 2016 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Which Engineering Discipline for the next 20+ years !!!
Replies: 122
Views: 6836

Re: Which Engineering Discipline for the next 20+ years !!!

I selected chemical engineering for two reasons.

One, I really enjoyed chemistry, especially organic chemistry. If you're a chemical engineer, you'll appreciate how funny that is.

Second, it had a reputation for being difficult which led to higher salary numbers.
by investingdad
Tue Mar 29, 2016 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Investing Young + LBYM = No Corp Ladder
Replies: 92
Views: 7968

Re: Investing Young + LBYM = No Corp Ladder

Middle aged professionals >$300k income that I've seen usually have networth around 500k-1m. Keep in mind many of these professionals start their career out $200-400k in the hole and 5-15 years behind everyone else due to additional schooling. Just what I've seen. YMMV That's very interesting to me...
by investingdad
Tue Mar 29, 2016 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Which Engineering Discipline for the next 20+ years !!!
Replies: 122
Views: 6836

Re: Which Engineering Discipline for the next 20+ years !!!

quantAndHold wrote:What kind of stuff does he like to build in the basement in his spare time?

This chemical engineer doesn't like building anything.

I prefer to model stuff on paper.

I now have an MBA, so I get to talk and sound like an engineer while my team does the real work. I just stay out of their way.
by investingdad
Tue Mar 29, 2016 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Which Engineering Discipline for the next 20+ years !!!
Replies: 122
Views: 6836

Re: Which Engineering Discipline for the next 20+ years !!!

I'm a chemical engineer. I'd recommend computer engineering, electrical, or mechanical. I'd also consider something that leads to computer forensics. As for engineering being to easy...I suggest a double major in electrical and computer engineering. Have him get back me after a few years of that cou...
by investingdad
Tue Mar 29, 2016 7:10 am
Forum: Personal Finance (Not Investing)
Topic: What is your current Cash to Investment ratio?
Replies: 112
Views: 5580

Re: What is your current Cash to Investment ratio?

Daryl wrote:To the people with remarkably low cash balances - are you including emergency funds / high yield savings accounts in "Cash" or "Investments"?


The 5% cash is cash in our bank.

I guess it's about nine or ten months of living expenses. We're 42, so mid career I suppose.
by investingdad
Tue Mar 29, 2016 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Investing Young + LBYM = No Corp Ladder
Replies: 92
Views: 7968

Re: Investing Young + LBYM = No Corp Ladder

All I know is this....I REALLY wish I could go back in time twenty years to the day I decided at 23 to make retirement investing a priority and treat that kid I used to be to a $100 case of beer.... Maybe you should go back and give him a six-pack of Schlitz and put $97 in his portfolio. Even then ...
by investingdad
Tue Mar 29, 2016 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Investing Young + LBYM = No Corp Ladder
Replies: 92
Views: 7968

Re: Investing Young + LBYM = No Corp Ladder

BW1985, Why? This is NORMAL. It is not how much you earn. It is how much you save and invest that determines your financial well being. If a person is not LBYM, there will never be ENOUGH money. KlangFool Because I can understand when a family of 4 living on the average HH income is on thin ice, it...
by investingdad
Mon Mar 28, 2016 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Investing Young + LBYM = No Corp Ladder
Replies: 92
Views: 7968

Investing Young + LBYM = No Corp Ladder

In my current role with my MegaCorp, I've started interacting more with very senior leaders, including some who have weekly meetings with our CEO. While my role isn't especially senior, the work I do is enough to put me in the same room with some of these folks. And what I've observed, other than so...
by investingdad
Mon Mar 28, 2016 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Re-thinking Umbrella Insurance - just up Auto/Home Instead
Replies: 80
Views: 5721

Re: Re-thinking Umbrella Insurance - just up Auto/Home Instead

We took out a five million umbrella for a few hundred dollars about six months ago. We had to increase our auto limits first.

I'm glad we did based on assets we have, small cost for large piece of mind.
by investingdad
Sun Mar 20, 2016 7:40 am
Forum: Personal Finance (Not Investing)
Topic: What steps to take to decrease likelihood of credit card fraud
Replies: 31
Views: 2060

Re: What steps to take to decrease likelihood of credit card fraud

I've learned somebody accessed my social security account on line and filed a tax return in my name. FYI, these are both preventable. You can call SS to lock your account from online access. And you can ask the IRS for a PIN that you will then be required to put on your returns, near your signature...
by investingdad
Sat Mar 19, 2016 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire Next Door and Budgeting
Replies: 81
Views: 8864

Re: Millionaire Next Door and Budgeting

OP, I don't budget. I do "Pay Yourself First". I auto-deduct / deposit my paycheck to Trad. 401K, Roth IRA, Vanguard Taxable account, and my bank checking account. I spend money from my bank checking account. When my bank account money run low, I spend less. When you decide how much that ...
by investingdad
Sat Mar 19, 2016 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: What steps to take to decrease likelihood of credit card fraud
Replies: 31
Views: 2060

Re: What steps to take to decrease likelihood of credit card fraud

There is nothing you can do if the party managing your data is breached. My medical records were part of several million stolen last year and within the last two weeks I've learned somebody accessed my social security account on line and filed a tax return in my name. Nothing I could have to have st...
by investingdad
Fri Mar 18, 2016 1:06 pm
Forum: Personal Consumer Issues
Topic: Well...Identity theft...
Replies: 29
Views: 3545

Re: Well...Identity theft...

The most irritating thing is that I didn't loss my data...the party managing our medical records data did.
by investingdad
Fri Mar 18, 2016 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Voice recognition?
Replies: 7
Views: 679

Vanguard Voice recognition?

Just called Vanguard and learned that they are implementing optional voice recognition. Anybody using this yet?
by investingdad
Fri Mar 18, 2016 9:10 am
Forum: Personal Consumer Issues
Topic: Well...Identity theft...
Replies: 29
Views: 3545

Re: Well...Identity theft...

I proactively contacted the IRS this morning. A return was filed in my name. Amazingly, the IRS confirmed they had already flagged it as suspicous. I did the ID verify first which indicated a file had been returned. The very helpful woman (seriously, she was really nice) I spoke with told me that sh...
by investingdad
Fri Mar 18, 2016 6:41 am
Forum: Personal Consumer Issues
Topic: Well...Identity theft...
Replies: 29
Views: 3545

Re: Well...Identity theft...

Anyone that is a victim of ID theft should file a police report, and use it to prove that your ID was stolen with credit reporting agencies, IRS, etc. Otherwise you will need to pay for lifting a credit freeze whenever your credit history is checked (i.e. some job applications, credit card applicat...
by investingdad
Fri Mar 18, 2016 5:20 am
Forum: Personal Consumer Issues
Topic: Well...Identity theft...
Replies: 29
Views: 3545

Re: Well...Identity theft...

OP, Would you possibly have an ex-spouse in her/his 60s who might be eligible to collect half of your SS? Nope...no ex spouses. No business partners. I can tell you that we received a letter last year after a massive data breach of medical records. I'm betting that was the catalyst. Millions of peo...
by investingdad
Thu Mar 17, 2016 4:53 pm
Forum: Personal Consumer Issues
Topic: Well...Identity theft...
Replies: 29
Views: 3545

Re: Well...Identity theft...

Which is why I've frozen everything, never to be unfrozen.
by investingdad
Thu Mar 17, 2016 2:21 pm
Forum: Personal Consumer Issues
Topic: Well...Identity theft...
Replies: 29
Views: 3545

Re: Well...Identity theft...

fizxman wrote:This is going on at the same time all four of her wheels were stolen off her car and our wedding two weeks from this Saturday.

Thieves suck. True lowlifes.

Take solace in the fact that their lives are probably a mess and you don't have to be them.
by investingdad
Thu Mar 17, 2016 12:49 pm
Forum: Personal Consumer Issues
Topic: Well...Identity theft...
Replies: 29
Views: 3545

Re: Well...Identity theft...

sure. Go to the ssa.gov website. On their site, search for "block electronic access". The first result that comes up is the one you want to click. A list of services comes up. Block electronic access is second from the bottom. Follow the prompts. Keep in mind this includes phone access. Al...
by investingdad
Thu Mar 17, 2016 11:30 am
Forum: Personal Consumer Issues
Topic: Well...Identity theft...
Replies: 29
Views: 3545

Re: Well...Identity theft...

This is going on right now with my fiancee. Someone is trying to open up checking accounts and obtain credit cards in her name. Just found the option to block all electronic access to my information on the ssa.gov site. Done. I will verify tomorrow in person if anyone attempted to change informatio...
by investingdad
Thu Mar 17, 2016 10:12 am
Forum: Personal Consumer Issues
Topic: Well...Identity theft...
Replies: 29
Views: 3545

Re: Well...Identity theft...

Agreed on the tax return, but there's no way to know that until it happens. SSA office confirmed no attempts to change information and they have put their own lock on my account plus forwarded onto the OAG office. I have now frozen my info at the three credit agencies plus the Chex system. I will ne...
by investingdad
Thu Mar 17, 2016 8:29 am
Forum: Investing - Theory, News & General
Topic: Yeah, I Timed...UPDATE
Replies: 29
Views: 5148

Re: Yeah, I Timed...UPDATE

Bumped for update. :confused Did you bump this to beat your chest a bit more without comment or did you have another update? The update is in my first post. The update was provided since several posters suggested I follow up. The chest thumping comment I don't get...we're all here to discuss making...
by investingdad
Thu Mar 17, 2016 8:00 am
Forum: Investing - Theory, News & General
Topic: Yeah, I Timed...UPDATE
Replies: 29
Views: 5148

Re: Yeah, I Timed...UPDATE

Bumped for update.
by investingdad
Tue Mar 15, 2016 10:07 pm
Forum: Personal Consumer Issues
Topic: Well...Identity theft...
Replies: 29
Views: 3545

Re: Well...Identity theft...

The SS admin has known about this since 2013. They have a warning about it dated back to then. Clearly the requirements to prove identity are not stringent enough. My info was compromised last week. I'm moving as quickly as I can. Edit Just found the option to block all electronic access to my infor...
by investingdad
Tue Mar 15, 2016 10:00 pm
Forum: Personal Consumer Issues
Topic: Well...Identity theft...
Replies: 29
Views: 3545

Well...Identity theft...

I got a letter from the social security office tonight that an account on "my social security" was opened last week. If you don't know, that's their online portal. After some vetting, I determined that the letter was legit and somebody was able to create an online account with my informati...
by investingdad
Mon Mar 14, 2016 10:45 am
Forum: Personal Finance (Not Investing)
Topic: My wife has my fidelity password. If i die, can she transfer?
Replies: 25
Views: 2430

Re: My wife has my fidelity password. If i die, can she transfer?

I just wanted to thank the OP for this thread.

I updated beneficiary information on my accounts and my wife's this morning.
by investingdad
Sun Mar 13, 2016 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Late start ... advice?
Replies: 9
Views: 1756

Re: Late start ... advice?

You and I are about the same age. There is no complex solution here. If you are serious about catching up, I suggest finding a way to cut expenses to permit a savings rate of 25% of your gross pay. That would give a yearly investment amount of ~30k. Assuming you worked another 25 years, you should b...
by investingdad
Fri Mar 11, 2016 10:45 pm
Forum: Personal Consumer Issues
Topic: How much car to buy $$
Replies: 57
Views: 4934

Re: How much car to buy $$

People at my company are all over the map.

We have one Executive making many seven figures driving an older Toyota. And some 20 somethings driving M series BMWs. And everything in between.

It's always fun to try and guess which mid level exec is trying to prove something by what they drive.
by investingdad
Thu Mar 10, 2016 2:08 pm
Forum: Personal Consumer Issues
Topic: Bee Pollen
Replies: 13
Views: 1433

Re: Bee Pollen

Honey doesn't support bacterial growth. It can be used as an ointment on burns, minor cuts, etc.

So I'm assuming the odds of that are low.
by investingdad
Thu Mar 10, 2016 12:00 pm
Forum: Personal Consumer Issues
Topic: Bee Pollen
Replies: 13
Views: 1433

Re: Bee Pollen

Try eating local honey too for your allergies. Local honey has lots of pollen in your area to help with your allergies. Not a fan of the taste, but I will add some on my apples after my wife kept forcing me haha... I've started putting raw, local honey in my coffee. All the sweet but the honey flav...
by investingdad
Thu Mar 10, 2016 7:41 am
Forum: Personal Consumer Issues
Topic: Bee Pollen
Replies: 13
Views: 1433

Re: Bee Pollen

Try eating local honey too for your allergies. Local honey has lots of pollen in your area to help with your allergies. Not a fan of the taste, but I will add some on my apples after my wife kept forcing me haha... I've started putting raw, local honey in my coffee. All the sweet but the honey flav...
by investingdad
Wed Mar 09, 2016 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Portfolio income...a passive stream?
Replies: 11
Views: 1036

Portfolio income...a passive stream?

I read a lot of financial articles that talk about how the successful among us focus on setting up passive income streams. Often those articles will talk about rental income and other small business or entrepreneurial activity. Well, I'm not the sort of person that is wired to do those things. But w...
by investingdad
Mon Mar 07, 2016 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: A Lost Engineer [Which masters program to pursue?]
Replies: 20
Views: 2732

Re: A Lost Engineer [Which masters program to pursue?]

I'm lost and I'm looking for some input. I am three years out of college with a BS in Mechanical engineering. I have been working for a test lab (less interesting than it sounds) for almost 2 years now as a mechanical engineer. I am totally lost. Many thanks! I'm going to ask a different question.....
by investingdad
Wed Mar 02, 2016 1:15 pm
Forum: Investing - Theory, News & General
Topic: What is your target portfolio size?
Replies: 66
Views: 6978

Re: What is your target portfolio size?

I'm frankly not sure. Same. At age 33 with a kid in daycare, no real, meaningful way to calculate a useful number at this point. Instead, our mantra is to just throw as much money as possible, as tax efficiently as possible, into our investments. We'll start working on an ideal portfolio size calcu...
by investingdad
Wed Mar 02, 2016 10:38 am
Forum: Personal Consumer Issues
Topic: Visiting Belize City
Replies: 28
Views: 1898

Re: Visiting Belize City

Belize City is a popular cruise ship destination with t-shirt shops, party time restaurants and bars and not much else. Have visited but found little of interest. This is a relatively poor area with tourism as a major part of the local economy. I second this. I was just in Belize City this past Sep...
by investingdad
Wed Mar 02, 2016 8:57 am
Forum: Investing - Theory, News & General
Topic: What is your target portfolio size?
Replies: 66
Views: 6978

Re: What is your target portfolio size?

I'm frankly not sure.

Right now we are 42 and have a portfolio that is 16x current expenses. But current expenses include costs of two grade school age kids and no attempt to curtail lifestyle.
by investingdad
Thu Feb 25, 2016 5:52 pm
Forum: Personal Consumer Issues
Topic: Unfinished basement ideas
Replies: 34
Views: 2965

Re: Unfinished basement ideas

Bottom line is little kids (under 7-8) will love to run around and ride trikes/bikes in the winter. Older kids will want air hockey tables, and a place to play video games/home theater. I predict you will start empty, and then in a few years you will reconfigure. Exactly my line of thinking at the ...
by investingdad
Tue Feb 23, 2016 11:39 am
Forum: Personal Consumer Issues
Topic: Unfinished basement ideas
Replies: 34
Views: 2965

Re: Unfinished basement ideas

We finished 750 square feet of basement into a family game room. About 25k for a high quality project.

Turned out beautiful. I did the design and layout and enjoyed the process.
by investingdad
Fri Feb 19, 2016 11:12 am
Forum: Personal Consumer Issues
Topic: What video games are you currently playing?
Replies: 220
Views: 17183

Re: What video games are you currently playing?

Bioshock tried to mix plot with shooter and I found the plot getting lost and hard to follow.

I've sang praises for Mass Effect many times...the story, game size, flexibility, etc....is simply wonderful.
by investingdad
Fri Feb 19, 2016 6:17 am
Forum: Personal Consumer Issues
Topic: What video games are you currently playing?
Replies: 220
Views: 17183

Re: What video games are you currently playing?

I would never waste a second of precious life on something as lowbrow as Halo 5 or Civ 5. For that matter, I did not play Doom, and have never heard of Duke Nukem. I almost played Quake once, but caught myself. I'm glad you were able to stop yourself before letting your standards slip. Do you also ...

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