Search found 834 matches

by investingdad
Wed Feb 10, 2016 2:51 pm
Forum: Personal Consumer Issues
Topic: Wife just got a VM from a debt collector
Replies: 36
Views: 2540

Re: Wife just got a VM from a debt collector

I swear, medical billing is the worst. We recently had a situation where we sent payment to a local hospital. For the next several months we were getting calls about making payment. They finally admitted they received our check but that the two different departments, billing and collections, hadn't ...
by investingdad
Wed Feb 10, 2016 12:45 pm
Forum: Personal Consumer Issues
Topic: Math and Computer Science
Replies: 68
Views: 2884

Re: Math and Computer Science

Calculus and other higher math are part of all STEM majors. While they are certainly used, I believe their secondary function is to weed out students that lack the analytical skills to cut it in the major. I agree with this approach. I struggled mightily with calculus and other higher order math whe...
by investingdad
Sun Feb 07, 2016 9:32 pm
Forum: Personal Consumer Issues
Topic: Raw Honey?
Replies: 34
Views: 2519

Re: Raw Honey?

Raw honey is honey that has been extracted from the honeycomb then fed down through a single filter and then put in jars/bottles. No processing , no heat. I am a beekeeper and there is a world of difference between raw honey you get from a beekeeper and that stuff you buy in grocery stores. And no,...
by investingdad
Sat Feb 06, 2016 10:39 pm
Forum: Personal Consumer Issues
Topic: Raw Honey?
Replies: 34
Views: 2519

Raw Honey?

So there's an independent, little whole foods store near me that we stop into on occasion. I like to have raw milk sometimes though I'm so used to 2% that it can disagree me. And this place has it, along with other all organic foods and naturalist type stuff. Anyway, the jars of raw honey caught my ...
by investingdad
Fri Feb 05, 2016 10:14 am
Forum: Personal Consumer Issues
Topic: Advice for parents with Perfectionist Child?
Replies: 48
Views: 3399

Re: Advice for parents with Perfectionist Child?

JPH wrote:Kids also can learn a lot from observing how their parents respond to failure.

Yes, and this is where I'm not sure we've done the best job.

Both of them play team sports. My son is stronger there, which I'm happy about because he needs to see himself doing well and not second to sis in things.
by investingdad
Fri Feb 05, 2016 8:31 am
Forum: Personal Consumer Issues
Topic: Advice for parents with Perfectionist Child?
Replies: 48
Views: 3399

Re: Advice for parents with Perfectionist Child?

Klangfool,

I hear you. Believe me, we've had those conversations. But these are two kids that can turn anything into a competition and suck the fun out any family game you can think of.
by investingdad
Fri Feb 05, 2016 8:23 am
Forum: Personal Consumer Issues
Topic: Advice for parents with Perfectionist Child?
Replies: 48
Views: 3399

Re: Advice for parents with Perfectionist Child?

I tried explaining to her last night when missing district band came up that this is a decision she has some control over. My wife and I will not harp on her to spend more time practicing flute. If she's content just being part of the regular band, that's fine with us as well. But if she is upset ab...
by investingdad
Thu Feb 04, 2016 11:04 pm
Forum: Personal Consumer Issues
Topic: Advice for parents with Perfectionist Child?
Replies: 48
Views: 3399

Advice for parents with Perfectionist Child?

My wife and I have two kids, daughter is ten and in fifth grade and son is eight and in third grade. Both are very strong students. Daughter has been in gifted class since first grade and son just missed the cutoff after being tested by the school this year. Last week my daughter made it to the fina...
by investingdad
Wed Feb 03, 2016 9:13 am
Forum: Investing - Theory, News & General
Topic: "Money in the stock market isn't real money"
Replies: 55
Views: 4993

Re: "Money in the stock market isn't real money"

zaboomafoozarg wrote:Oops, I got Jaden's quote confused with someone else.

He actually said "How Can Mirrors Be Real If Our Eyes Aren't Real?"

Well that clears it up for me, good clarification.
by investingdad
Wed Feb 03, 2016 6:28 am
Forum: Investing - Theory, News & General
Topic: "Money in the stock market isn't real money"
Replies: 55
Views: 4993

Re: "Money in the stock market isn't real money"

zaboomafoozarg wrote:"How Can Stocks Be Real If Our Money Isn't Real?"

- attributed to Jaden Smith


Truly an example of highly privileged by birth meeting highly uneducated by choice.
by investingdad
Tue Feb 02, 2016 6:14 pm
Forum: Investing - Theory, News & General
Topic: Yeah, I Timed...
Replies: 26
Views: 4021

Re: Yeah, I Timed...

Is this timing based upon gut feelings or have you a strategy in mind - for instance - will you move another $25K if the market drops by another x% over the next x days? If 1 year goes by and the market has only gone up by 8% instead of your "10% and I'll move it back" bar - will you stil...
by investingdad
Mon Feb 01, 2016 9:03 pm
Forum: Investing - Theory, News & General
Topic: Yeah, I Timed...
Replies: 26
Views: 4021

Re: Yeah, I Timed...

livesoft says that 10% of $25,000 is $2,500 and that the extra $2,500 out of the resulting $2,1xx,000 portfolio is probably less than a 0.12% excess gain. OTOH, $2,500 is more than 250 sushi lunches for livesoft. Your math is fundamentally flawed. It's more like 100 sushi lunches at a decent sushi ...
by investingdad
Mon Feb 01, 2016 6:13 pm
Forum: Investing - Theory, News & General
Topic: Yeah, I Timed...
Replies: 26
Views: 4021

Yeah, I Timed...

So last Monday I moved 25k in my 401k out of bonds and into the S&P. It's just a few percent of our portfolio but it was purely a move to leverage the drop in the markets. Will move it all back when it goes up 10%. Totally contrary to my weighting more to bonds as we turn 43...but there you go.
by investingdad
Sat Jan 30, 2016 10:43 am
Forum: Personal Finance (Not Investing)
Topic: I got let go yesterday
Replies: 40
Views: 6259

Re: I got let go yesterday

I'm an engineer and was laid off in my early 30s. It stinks. You need to take a deep breath and relaxe for a good week or so. After you've had a week or so to digest the blow you'll feel a lot better about it and won't take it as personally. That's when you can pull out the resume and start the job ...
by investingdad
Fri Jan 29, 2016 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Do you listen to or watch Financial entertainment?
Replies: 16
Views: 587

Do you listen to or watch Financial entertainment?

I admit, a guilty pleasure of mine is listening to the CNBC and FOX business broadcasts on Sirius/XM radio on my drive home after work. Especially the Closing Bell stuff at 4 pm. Anybody else? I am hooked. I love listening to the same people fluctuate from day to day from one position to another. &q...
by investingdad
Fri Jan 29, 2016 11:25 am
Forum: Personal Finance (Not Investing)
Topic: What age did you start maxing out your retirement contributions?
Replies: 63
Views: 4331

Re: What age did you start maxing out your retirement contributions?

Both my wife and I were doing this starting around 23 or 24.
by investingdad
Fri Jan 29, 2016 11:13 am
Forum: Personal Consumer Issues
Topic: Buying Carpet and Painting
Replies: 32
Views: 2328

Re: Buying Carpet and Painting

Yeah, when we turned part of the basement into a finished gameroom we spent an outsized amount of money on padding and carpet. A decision I'd make again and again. I painted the bare drywall myself and saved about $2500, but have a lot of painting experience. I did that before the carpet guys came i...
by investingdad
Thu Jan 28, 2016 2:45 pm
Forum: Investing - Theory, News & General
Topic: Hedge Funds blame Index funds: Bogleheads referenced
Replies: 80
Views: 6719

Re: Hedge Funds blame Index funds: Bogleheads reference

Ackman skates at the ragged edge of what is legal and what is insider trading. Additionally, his activist investing is motivated by one thing...eliminating life long careers at the targeted company, resulting in high stress for thousands of families affected, and transferring that money into his poc...
by investingdad
Thu Jan 28, 2016 1:27 pm
Forum: Personal Consumer Issues
Topic: Buying Carpet and Painting
Replies: 32
Views: 2328

Re: Buying Carpet and Painting

If you are going for high quality carpet, go to a flooring specialist. You pay more but have many more options and more high quality options.
by investingdad
Mon Jan 25, 2016 9:16 pm
Forum: Personal Consumer Issues
Topic: Is Nitrogen better than air?
Replies: 86
Views: 9774

Re: Is Nitrogen better than air?

1. The HELIUM shortage is real. Helium comes from the reaction at the earth's core that turns hydrogen into helium. It surfaces in Methane ( aka natural gas) streams. The extremely mild winter and discovery of methane in old coal beds (fracking) has necessitated LESS pumping of the streams that con...
by investingdad
Mon Jan 25, 2016 9:07 pm
Forum: Personal Consumer Issues
Topic: Is Nitrogen better than air?
Replies: 86
Views: 9774

Re: Is Nitrogen better than air?

The benefit isn't nitrogen itself. The benefit is that the nitrogen is dry, a consequence of how it's produced inside of air separation plants. And I would argue that the very small pressure fluctuations from moisture in your tires is negligible. Airplane tires...different matter. I could post the c...
by investingdad
Sat Jan 23, 2016 7:36 pm
Forum: Local Chapters and Bogleheads Community
Topic: Hope everyone is well [Preparing for Eastern US blizzard]
Replies: 102
Views: 4992

Re: Hope everyone is well [Preparing for Eastern US blizzard]

Car in the driveway now completely covered. I shoveled part of my deck because the shape of the house was causing wind patterns that resulted in drifts that were at least three feet as of this afternoon. Deck rating for static snow loads should be ok but didn't want unnecessary stress. Tomorrow will...
by investingdad
Sat Jan 23, 2016 1:44 pm
Forum: Local Chapters and Bogleheads Community
Topic: Hope everyone is well [Preparing for Eastern US blizzard]
Replies: 102
Views: 4992

Re: Hope everyone is well [Preparing for Eastern US blizzard]

We are about 30 to 40 miles northwest of Philly. Can't tell how much snow has fallen because the drifting is deceiving. But my summer car in the driveway has snow up to the top of the doors.

I went out earlier to dig out the hot water heater and furnace exhausts. Well check again later today.
by investingdad
Fri Jan 22, 2016 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 100
Views: 6948

Re: What was your % pay raise?

3% plus 10% bonus.

Wife will probably be similar.

I'm good with it.
by investingdad
Mon Jan 18, 2016 2:09 pm
Forum: Personal Consumer Issues
Topic: Pizza Stone / Homemade Pizza Advice
Replies: 58
Views: 4093

Re: Pizza Stone / Homemade Pizza Advice

I grill the dough on our has grill just enough to firm it up with one side toasted a bit. Than we add all the toppings. Then it goes back on the grill at a very high temperature but not on direct heat. Once the cheese is melted I drop it on direct heat until the crust is done. I grill in all weather...
by investingdad
Sun Jan 17, 2016 9:47 am
Forum: Personal Finance (Not Investing)
Topic: What's your company 401k contribution
Replies: 105
Views: 4677

Re: What's your company 401k contribution

Our company has a pension for those that started before 1995 or so. If you started before 2004 timeframe, you had the option of participating in a reduced pension with 401k or a full 401k. After that it was full 401k. I'm in the full 401k plan and get 8% of my salary. My wife gets 5% at her company.
by investingdad
Fri Jan 15, 2016 9:54 am
Forum: Investing - Theory, News & General
Topic: What would you tell your 25 yr old self?
Replies: 99
Views: 6274

Re: What would you tell your 25 yr old self?

Hey 25 year old self....you know that long term planning you did two years ago? Well, here we are almost twenty years later and you were spot on. Well done and thanks for thinking of me. And don't worry about your 65 year old self, I've got that one covered for us. Also, don't question any decisions...
by investingdad
Wed Jan 13, 2016 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Convincing Dad to Fire the Firm
Replies: 31
Views: 2620

Re: Convincing Dad to Fire the Firm

My parents are in their late 60s and my dad, for as long as I can remember, believes he's right about everything. It's an issue. He won't listen to anyone telling him something different than what he believes, especially when it comes to financial matters. He has an answer and rebuttal for everythin...
by investingdad
Wed Jan 13, 2016 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on moving within same subdivision?
Replies: 30
Views: 2097

Re: Thoughts on moving within same subdivision?

I don't have an opinion on whether you should move or not. But if you decide to, this might help. I sold my last home by word of mouth - never even listed it because someone told someone in the townhomes in my subdivisions that I was getting ready to list. They knocked on my door and I asked for a ...
by investingdad
Tue Jan 12, 2016 11:57 pm
Forum: Personal Consumer Issues
Topic: Smartphone security 101?
Replies: 45
Views: 3581

Re: Smartphone security 101?

You can encrypt both the phone and SD card and require a pin to unlock it each time you go to use it.
by investingdad
Tue Jan 12, 2016 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on moving within same subdivision?
Replies: 30
Views: 2097

Re: Thoughts on moving within same subdivision?

Ninnie wrote:People make moves like this all the time. They like their neighborhood but need/want to upsize. One of our neighbors moved 4 houses down to a bigger house. Another two moved a few streets away.


My son's soccer teammate's family just made a move like this...house was never even listed publicly.
by investingdad
Tue Jan 12, 2016 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Saving for the future vs you only live once
Replies: 72
Views: 7921

Re: Saving for the future vs you only live once

Saving, investing, and living cheap in your 20s is the time to do it. If you're coming out of college it's not a stretch. If you keep it up, you don't have to 'Yolo' when you reach 35...you just go ahead and do it.

At 42 now, we have...options. :happy
by investingdad
Tue Jan 12, 2016 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on moving within same subdivision?
Replies: 30
Views: 2097

Re: Thoughts on moving within same subdivision?

I don't think it's a problem at all. You're upgrading due to family changes and need more space. You're staying in a neighborhood you like with no major upheavals due to relocating a longer distance. Makes sense. Five years ago we made a lateral move exactly 1 mile to a different neighborhood...and ...
by investingdad
Sat Jan 09, 2016 10:42 pm
Forum: Investing - Theory, News & General
Topic: "Ten Bear Market Truths"
Replies: 16
Views: 2479

Re: "Ten Bear Market Truths"

I do appreciate the calm, steady atmosphere here. I've been an investor for awhile and have had no troubles taking the bad markets...and I've seen several in the last 20+ years. But now that retirement is getting to be just a bit more of a reality, I do tire of the gloating and gleeful youngsters r...
by investingdad
Sat Jan 09, 2016 10:29 pm
Forum: Personal Consumer Issues
Topic: Gas fireplace for heat
Replies: 26
Views: 2483

Re: Gas fireplace for heat

We built a house about fifteen years ago and I made the mistake of taking my dad's advice and put in a full masonry, wood burning fireplace. We rarely used it, it made house cold when we did, and blasted cold air into the family room when we didn't. I'm sure it wasn't built correctly. The last two y...
by investingdad
Sat Jan 09, 2016 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Lottery Win...Could a Boglehead handle it?
Replies: 79
Views: 4557

Lottery Win...Could a Boglehead handle it?

Let's say a Boglehead won the big prize, could they handle it and not end up like so many stories you read that don't end well? I think we could, having gotten into the two comma club before 40. But I'll be honest, I wouldn't want to win a prize as big as the 900 million jackpot that is up for grabs...
by investingdad
Wed Jan 06, 2016 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: umbrella insurance - why so expensive?
Replies: 34
Views: 2409

Re: umbrella insurance - why so expensive?

I'm still still six years from the youngest reaching driving age. We have everything with one provider.

We took out a $2 million umbrella last month for about $325. To go to $5 million would be an additional $160 or so.
by investingdad
Wed Jan 06, 2016 10:31 am
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 95
Views: 6208

Re: Netflix, Your Current Favorite Show

Breaking Bad

4400 is interesting.
by investingdad
Tue Jan 05, 2016 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: How has your Salary performed against inflation?
Replies: 59
Views: 5023

Re: How has your Salary performed against inflation?

Hmm...my nominal CAGR over twenty years of working is 6% per year. I expect it to gradually be smaller and smaller as I near retirement.
by investingdad
Tue Jan 05, 2016 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Insurance for millionaires?
Replies: 61
Views: 5207

Re: Insurance for millionaires?

Our net is about 1.8 million.

We just took out a 2 million umbrella but am strongly considering bumping it to 5 million given how inexpensive it is.

We each have 20 year term policies which cover the point to when our youngest child will be 18.

Other than that, standard home and auto.
by investingdad
Tue Jan 05, 2016 10:48 am
Forum: Personal Finance (Not Investing)
Topic: How has your Salary performed against inflation?
Replies: 59
Views: 5023

How has your Salary performed against inflation?

I was comparing my salary to inflation over the last decade now that the new year has started. Using the government's inflation calculator, and assuming 2% going into 2016, we've seen about 20% over the last decade. During that time, my salary, all with the same employer, has increased 39%. So I've ...
by investingdad
Mon Jan 04, 2016 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Basement issues - how to pay
Replies: 22
Views: 1949

Re: Basement issues - how to pay

Don't do a finished basement unless it's something you want for yourself. And make sure it's dry before you do it.

We did a high quality finish and use it all the time.

Recouping the value? Meh...
by investingdad
Thu Dec 31, 2015 10:41 am
Forum: Personal Finance (Not Investing)
Topic: What are your 2 retirement numbers?
Replies: 260
Views: 24988

Re: What are your 2 retirement numbers?

We are aiming for 52 to 55. This year, we generated about 55% of our expenses in the form of gains and dividends which were simply reinvested, neglecting tax implications. So I'd like 2.5 times what we have right now...puts the number at 4 million. I'm thinking we could do it on 2x though, about 3.2...
by investingdad
Wed Dec 30, 2015 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Net Worth
Replies: 57
Views: 5978

Re: Net Worth

We are pushing 2 million but not there yet. Probably another year or three if things go well. What makes me feel inadequate is when I get my Alumni magazine and see the Class Notes section and read the titles others from the same graduating year (or younger) have that I know I'll never achieve. Nati...
by investingdad
Tue Dec 29, 2015 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house with no money down
Replies: 77
Views: 5852

Re: Buying a house with no money down

Investingdad, I guess the point's been made many times that everything depends on where you live, what your needs are, what phase of life you're in, how stable your job is, what your other expenses are, etc. For all their faults, the Dave Ramsey baby steps offer some wisdom in this regard. Someone ...
by investingdad
Mon Dec 28, 2015 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house with no money down
Replies: 77
Views: 5852

Re: Buying a house with no money down

I always try to put myself in the shoes of the person posting. This year, my wife and I pulled in 260k of total compensation from our employers. Not too bad for early 40s. Our house cost 360k about five years ago. I'd choke or have a heart attack at the prospect of a 880k home. Or maybe both. At the...
by investingdad
Sun Dec 27, 2015 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house with no money down
Replies: 77
Views: 5852

Re: Buying a house with no money down

OK, no raiding my IRA. :) Most of my savings are in investments and I don't want to touch them. I have some cash but I wouldn't be comfortable with a house and no cash. So it sounds like this doesn't stand out as a bad idea. The house is $880k and my income last year was $220k although it's from my...
by investingdad
Thu Dec 24, 2015 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Personal umbrella insurance policies
Replies: 34
Views: 2722

Re: Personal umbrella insurance policies

Wow, we just took out an umbrella, so this is timely. We have a net worth pushing two million and took out a two million umbrella for about $350. We are in our early 40s with two children. It's so inexpensive, I may call them back and bump it to five million. I'm wondering why we didn't buy one earl...
by investingdad
Thu Dec 24, 2015 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Selling house - am I legally or ethically obligated to disclose this?
Replies: 50
Views: 5206

Re: Selling house - am I legally or ethically obligated to disclose this?

If some were living in the chimney, disclose it. I'd take a light approach... No infestation of mice, termites, etc but we once had a Family of bats take up temporary residence in the chimney. Pest control removed them and we caulked, sealed, and capped, the chimney. Bat family has moved on to frien...
by investingdad
Tue Dec 22, 2015 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Any Biglaw attorneys on the board?
Replies: 53
Views: 7880

Re: Any Biglaw attorneys on the board?

I'm really enjoying this thread and the posters views. I'm an engineer that was very close to law school (took the LSAT, sent some applications) but went the MBA route last minute. I interface with our corporate attorneys on occasion as does my wife in her position. Those guys book a lot of hours an...

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