Search found 1078 matches

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: 1488

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: 14
Views: 1593

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: 86
Views: 10168

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: 1926

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: 2236

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: 9966

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: 9263

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? Almost Five Month Update
Replies: 138
Views: 13365

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: 9263

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: 423

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: 9943

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: 9943

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: 18145

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: 18145

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: 3441

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: 3441

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: 3661

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: 6938

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: 2079

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: 2079

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: 1422

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: 857

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...
by investingdad
Mon Apr 24, 2017 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 170
Views: 19805

Re: Any regrets living a frugal life for high income/high networth individuals?

We are not frugal, but we are very much LBYM. Last year, our expenses were 43% of our total gross income. What didn't go to taxes was invested. I've found that there's probably greater satisfaction to be had in small, frequent luxury items. Opt for a $20 sushi lunch when I feel like it? Sure. Drop $...
by investingdad
Sun Apr 23, 2017 7:18 am
Forum: Personal Consumer Issues
Topic: Six pack for barbecue?
Replies: 77
Views: 5352

Re: Six pack for barbecue?

As a lover of all types of quality beer, I'm cringing at the Bud Light suggestions...though I do recognize that not everyone loves great beer. Honestly, get both ends. Bring a sixer of some common big brew and get a sixer of something on the opposite end. Bud Light and Chimay White would be an inter...
by investingdad
Tue Apr 18, 2017 10:26 am
Forum: Investing - Theory, News & General
Topic: What is the max SS income you could receive this year?
Replies: 38
Views: 4335

Re: What is the max SS income you could receive this year?

I'm 43 and my wife just turned 44. We both earn more than enough, long enough to qualify for the max amount. I'll be honest, I simply cannot imagine getting this much money each month from the government for doing nothing but breathing. We've been so hyper focused from day one on retiring with no SS...
by investingdad
Tue Apr 18, 2017 7:00 am
Forum: Personal Consumer Issues
Topic: How to be a good parent to an introverted kid
Replies: 29
Views: 2611

Re: How to be a good parent to an introverted kid

Why is it that extroverts think introverts need to be fixed or challenged, but introverts don't think the same of extroverts? I was the same as your son. I gave up on team sports early and found my calling in tennis, later...golf. Other than my wife, I don't really have friends other than work acqua...
by investingdad
Sat Apr 15, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 129
Views: 12734

Re: Do you have an umbrella policy?

We carry five million, it's not that expensive.

Total peace of.mind.
by investingdad
Fri Apr 14, 2017 8:03 am
Forum: Personal Finance (Not Investing)
Topic: What constitutes "a lot" of money?
Replies: 81
Views: 11313

Re: What constitutes "a lot" of money?

Our portfolio fluctuations are in the 10k to 20k range on a common day. Yet I was unable to spend $2500 on a second pinball machine last week because it felt like too much to justify on a second toy only I'd use. I think part of it is that my wife is still very much in the mindset that all of it cou...
by investingdad
Thu Apr 06, 2017 1:39 pm
Forum: Personal Consumer Issues
Topic: Learning an instrument as an adult? Almost Five Month Update
Replies: 138
Views: 13365

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

Thought I'd post another update, if nothing else so I have a record of what I'm doing I can come back to. So now three months in. My tutor has started me on String Builder book 2, though I spend a lot of time in Book 1 as I encounter a new difficulty that requires easy stuff to play. I'm making a co...
by investingdad
Wed Apr 05, 2017 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 613
Views: 86431

Re: High Earners - What's Your Profession?

I'm not sure if I replied to this thread or not...

...but we just did taxes and our gross compensation last year was 265k or so. Low cost of living area and mid 40s.

I'm an engineer and my wife works in finance, she makes more.
by investingdad
Tue Apr 04, 2017 9:28 am
Forum: Personal Consumer Issues
Topic: ChexSystems
Replies: 2
Views: 334

Re: ChexSystems

Yes, I'm frozen with them after identity theft last year.

If we were not already well established, having freezes everywhere would be inconvenient.
by investingdad
Mon Apr 03, 2017 10:13 am
Forum: Personal Consumer Issues
Topic: Buying Sunglasses
Replies: 44
Views: 4736

Re: Buying Sunglasses

For me, it's all about polarized. I prefer orange tinted as they increase contrast on cloudy days.

I usually get the $20 pair from Target. It's inevitable that lenses get scratched so I usually toss them after a year...especially since I wear them playing tennis.
by investingdad
Mon Apr 03, 2017 7:31 am
Forum: Personal Consumer Issues
Topic: Help me respond to an angry insurance agent!
Replies: 38
Views: 4302

Re: Help me respond to an angry insurance agent!

Not worth responding. When I shopped around contractors when we had our basement finished, one guy lived just a few houses up the street. The work involved minor structural changes, gas line rerouting, water line rerouting, plus all kinds of electrical. He asked me during our meeting, "do you w...
by investingdad
Mon Apr 03, 2017 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 24411

Re: Low-earners- What is your profession?

Don't forget to take age and experience of posters into account. If you're looking at a poster with twenty or thirty years experience the chances are much higher they'll be making more than the person in their 20s.
by investingdad
Sat Apr 01, 2017 8:18 am
Forum: Personal Finance (Not Investing)
Topic: How to deal with credit card identity theft?
Replies: 22
Views: 1637

Re: How to deal with credit card identity theft?

I shared my experiences when a fraudulent tax return was filed in our name last year.

I filed a police report with no issue even though there was no financial loss.

I froze everything, no other issues that I can see as of right now.
by investingdad
Sat Apr 01, 2017 7:18 am
Forum: Personal Consumer Issues
Topic: What career helped you become wealthy?
Replies: 75
Views: 9036

Re: What career helped you become wealthy?

While my wife and I now earn a combined income of close to 300k with all sources considered, it was not always this way. In fact, our good financial position is not rooted in salaries...it's rooted in the decision I made at 23. I was making 33k a year in 1997 and I began putting money into my 401k. ...
by investingdad
Fri Mar 31, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Talk me through this Pension Option
Replies: 7
Views: 622

Re: Talk me through this Pension Option

Two kids.

I'm leaning to keep the annuity personally, but was curious what the views are of others.
by investingdad
Fri Mar 31, 2017 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Talk me through this Pension Option
Replies: 7
Views: 622

Talk me through this Pension Option

Here is the gist... My wife is eligible for a small pension from a former employer. We are both 44. Using the site calculator, here's what we could have: - at 62, 112k lump sum or 530 a month with 100% joint survivorship. - at 65, 131k lump sum or 715 a month with 100% joint survivorship. - cash out...
by investingdad
Fri Mar 31, 2017 6:51 am
Forum: Personal Consumer Issues
Topic: Radon mitigation credit at closing
Replies: 16
Views: 1276

Re: Radon mitigation credit at closing

That radon reading is pretty low. Ours is around 4.2 with a mitigation system...it was upper 30s without it. When we finished the basement I had it done. I'd take the credit and have the work done myself. We paid $500 or so and the work was done by Mr Radon himself...the guy at the center of the who...
by investingdad
Thu Mar 30, 2017 1:49 pm
Forum: Personal Consumer Issues
Topic: Is the secret to getting wealthy...
Replies: 48
Views: 4527

Re: Is the secret to getting wealthy...

Sorry, all...my post was in regards to my exasperation over these types of repetitive articles espousing the secrets of and tricks of becoming wealthy. I do admit to clicking on and reading them, though...I don't buy any of it. Good point about the networking thing, though...I guess I always interpr...
by investingdad
Thu Mar 30, 2017 1:01 pm
Forum: Personal Consumer Issues
Topic: Is the secret to getting wealthy...
Replies: 48
Views: 4527

Is the secret to getting wealthy...

Is the secret to getting wealthy writing books and articles and podcasts telling others how to become wealthy? I swear, every other article on MSN and other business sites had to do with The Seven Things Wealthy People Do...or some such version of the same. And like an idiot, I read them only to dis...
by investingdad
Thu Mar 30, 2017 12:21 pm
Forum: Investing - Theory, News & General
Topic: Sitting down with Fidelity advisor next week
Replies: 22
Views: 2922

Re: Sitting down with Fidelity advisor next week

Not sales pitchy at all. The annuity stuff was a bit of gentle probing, but that was it. I think the advisor figured out quickly that I knew what I was doing and we'd not be in the position we are if I didn't. Once the data was on the table and I shared my assumptions and she realized I knew what I ...
by investingdad
Thu Mar 30, 2017 9:19 am
Forum: Investing - Theory, News & General
Topic: Sitting down with Fidelity advisor next week
Replies: 22
Views: 2922

Re: Sitting down with Fidelity advisor next week

So I met with the advisor today and she was knowledgeable enough. But the tool we looked at was the one I'd already used many times on the site. The sorta amusing bit was when she inquired as to the goals I wanted to discuss, retirement naturally. I gave her my timing and income expectations to whic...
by investingdad
Wed Mar 29, 2017 10:12 am
Forum: Investing - Theory, News & General
Topic: Personal experience over time? [How far from retirement, time spent investing]
Replies: 31
Views: 3210

Re: Personal experience over time? [How far from retirement, time spent investing]

We are probably 10 to 12 years from retirement and are both 44.

We've been investing in a Boglehead manner for a little over 20 years now. I discovered this site and the term boglehead a couple of years ago.
by investingdad
Tue Mar 28, 2017 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Not opting for 529... anyone else?
Replies: 175
Views: 10193

Re: Not opting for 529... anyone else?

Nope.

My kids are 12 and 9.

I figured I would prioritize retirement savings because I can't borrow for that. If we did well, we'd be able to cover college when the time came. If not, the kids can borrow.

It's looking like the former.
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: 3116

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: 22
Views: 2922

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: 22
Views: 2922

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: 1252

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: 1252

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...

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