Search found 300 matches

by mak1277
Thu May 25, 2017 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Dating each signature? Letter rejected by Merrill Edge
Replies: 10
Views: 1445

Re: Dating each signature? Letter rejected by Merrill Edge

I'm not a lawyer, but I think a non-dated signature could be a legitimate legal issue. There was a date on the letter, just not on the individual signature. It was a one page document, so the date was not far from the signature. I was wondering about whether the signature itself needs to directly b...
by mak1277
Wed May 24, 2017 2:54 pm
Forum: Personal Consumer Issues
Topic: Advice on kid's precalc learning
Replies: 45
Views: 2087

Re: Advice on kid's precalc learning

For those people who use calculus regularly...wouldn't you say that a student struggling at pre-calc should probably consider a field where superior math skills are NOT necessary? To me, livesoft's point is right on the money...accept that there are plenty of fields where calculus isn't necessary an...
by mak1277
Wed May 24, 2017 8:51 am
Forum: Personal Consumer Issues
Topic: When will used Rolex prices decline significantly?
Replies: 12
Views: 2348

Re: When will used Rolex prices decline significantly?

You can look on watch forums to get detailed ideas about the price behavior of specific models. Many watch snobs look down on Rolex, not considering it to be an elite brand. Again, watch sites can give you their thinking. If this is for personal use you can get comparable appearance and durability ...
by mak1277
Mon May 22, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: What goes in your smoothie?
Replies: 45
Views: 2398

Re: What goes in your smoothie?

whole milk
ice cream
chocolate syrup
by mak1277
Mon May 22, 2017 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 76
Views: 8728

Re: Net worth is overrated

My net worth is valuable to me for my planning purposes. I'm not using it to keep score against others.
by mak1277
Fri May 19, 2017 3:00 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 18033

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

One final note. I would guarantee you if you polled all the people on this board 98% of them would tell you if they could go back and do one thing in their life to help with their retirement future savings most of them would say they wish they had started saving earlier. I'm happily one of the 2%. ...
by mak1277
Fri May 19, 2017 12:26 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 18033

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

One final note. I would guarantee you if you polled all the people on this board 98% of them would tell you if they could go back and do one thing in their life to help with their retirement future savings most of them would say they wish they had started saving earlier. I'm happily one of the 2%. ...
by mak1277
Fri May 19, 2017 7:30 am
Forum: Personal Consumer Issues
Topic: Insect repellent
Replies: 14
Views: 955

Re: Insect repellent

For me, it's DEET...when I am hiking/camping/fishing I use the highest concentration I can find.
by mak1277
Thu May 18, 2017 1:11 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1011
Views: 239479

Re: Best watch for around $5,000?

For the folks that looked at both Rolex and Omega, how did you make your decision? I have a tag heur I wear daily, but have been itching to upgrade for a while. I have been inbetween a black submariner date, and a blue seamaster. Obviously the cheap side of me wants to go omega. If I did go Rolex I...
by mak1277
Thu May 18, 2017 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Annual house maintenance costs
Replies: 25
Views: 1538

Re: Annual house maintenance costs

I think this is tough because different people will have different ideas about "necessary" maintenance costs. Is it necessary to replace appliances prior to them completely dying? Is it necessary to paint on any regular schedule? Neither of these examples are necessary in my opinion. We've...
by mak1277
Thu May 18, 2017 12:03 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 12268

Re: For those with $500k-$1m in investments...

age: 40 taxable - 67% tax-deferred - 33% Didn't really save much in 401k until I hit age 30. More recently, due to high compensation, we've been maxing out 401k but still saving far far more each year in taxable. I consider this a good problem to have and don't regret my late start into tax deferred...
by mak1277
Tue May 16, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 82
Views: 11994

Re: Regret early retirement/downsizing

I don't disagree but there will always be a least favorite thing. I am just going off my personal experience which taught me 3 things. First just because I had more time to do more of my favorite things didn't mean I actually would. Second a lot of the fun activities that were my release from work ...
by mak1277
Tue May 16, 2017 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 82
Views: 11994

Re: Regret early retirement/downsizing

Great thread. I wish there were a way to follow threads. My wife retired April 2016 and I plan on retiring in December @ 57 after 35 years in IT. My job has never been better but I've planned fairly well and will be financially independent. My wife has recently warned me that I may have some of the...
by mak1277
Tue May 16, 2017 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 82
Views: 11994

Re: Regret early retirement/downsizing

Great thread. I wish there were a way to follow threads. My wife retired April 2016 and I plan on retiring in December @ 57 after 35 years in IT. My job has never been better but I've planned fairly well and will be financially independent. My wife has recently warned me that I may have some of the...
by mak1277
Tue May 16, 2017 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Is it legal to use a first mortgage for an investment property?
Replies: 40
Views: 2112

Re: Is it legal to use a first mortgage for an investment property?

Not to be a jerk but...what business is it of yours? That was going through my head too but I chose to treat it as an honest question. :wink: An honest question could've been asked without referring to that other person. Oh well! :oops: And just to answer OP, I asked my lender (PenFed) and was info...
by mak1277
Tue May 16, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Is it legal to use a first mortgage for an investment property?
Replies: 40
Views: 2112

Re: Is it legal to use a first mortgage for an investment property?

Not to be a jerk but...what business is it of yours?
by mak1277
Mon May 15, 2017 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 82
Views: 11994

Re: Regret early retirement/downsizing

I'm not sure if the topic has drifted or not, but to answer the OP: I do know one person who retired from a good job in federal law enforcement. He got bored apparently because the next time I saw him he was working at Target as the security guy who stands at the front of the store to make sure peo...
by mak1277
Mon May 15, 2017 9:42 am
Forum: Personal Consumer Issues
Topic: Tipping for restaurants where you order at the counter
Replies: 49
Views: 4426

Re: Tipping for restaurants where you order at the counter

Here's an ethical question for y'awl. If you get a meal during a restaurant promotion at a seriously, deeply discounted price (second entree for free, for example)--do you tip on the actual discounted price or the regular non-discounted price? The pre-discount price of course. The server's work is ...
by mak1277
Fri May 12, 2017 10:55 am
Forum: Personal Consumer Issues
Topic: Yellowstone Itinerary
Replies: 31
Views: 1524

Re: Yellowstone Itinerary

July 5th in morning Head to Jackson, stopping at Jenny Lake to Hidden Falls and hiking that area, stay in Jackson Rustic Inn Creekside Resort If you can, I'd highly suggest going past Inspiration Point and down into Cascade Canyon. Most people stop at Inspiration Point, so the hike into the canyon ...
by mak1277
Fri May 12, 2017 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Can you suggest a mortgage lender who does not resell
Replies: 67
Views: 4368

Re: Can you suggest a mortgage lender who does not resell

My husband and I have started the process of new construction. Of course the builder wants to steer us to their own lender. Despite excellent credit score, no financial skeletons, enough income and savings to easily pay mortgage payments, and more than 50% down, this lender isn't offering any bette...
by mak1277
Fri May 12, 2017 8:18 am
Forum: Personal Consumer Issues
Topic: Yellowstone Itinerary
Replies: 31
Views: 1524

Re: Yellowstone Itinerary

Perhaps *we* were lucky too, but my wife and I left our hotel in Jackson in the morning, drove to Yellowstone, drove the entire bottom circle of the grand loop, hiked at Yellowstone Canyon, ate lunch, got caught in a Buffalo traffic jam, saw Old Faithful go off and STILL made it back to the Tetons t...
by mak1277
Fri May 12, 2017 7:59 am
Forum: Personal Consumer Issues
Topic: Yellowstone Itinerary
Replies: 31
Views: 1524

Re: Yellowstone Itinerary

We did a sunrise float trip on the Snake River in Jackson and I highly recommend it. Note, it wasn't white water, just a leisurely float, but it was great (and we saw a moose!).
by mak1277
Thu May 11, 2017 7:26 am
Forum: Investing - Help with Personal Investments
Topic: Maximum Gain,swinging for the fences
Replies: 65
Views: 4496

Re: Maximum Gain,swinging for the fences

I just want to say that I completely understand the OP's point of view on this. As an example...let's say you're well on your way to a comfortable retirement, and you suddenly get a $50,000 inheritance from a long-lost uncle. Well $50k could buy a nice car, or some other toys, but it isn't going to ...
by mak1277
Wed May 10, 2017 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Maximum Gain,swinging for the fences
Replies: 65
Views: 4496

Re: Maximum Gain,swinging for the fences

If you really, truly have hit your number already...have you considered just blowing it on something ridiculous and fun?
by mak1277
Wed May 10, 2017 8:53 am
Forum: Investing - Help with Personal Investments
Topic: Maximum Gain,swinging for the fences
Replies: 65
Views: 4496

Re: Maximum Gain,swinging for the fences

backpacker wrote:In that case, the clear winner is a leveraged portfolio.


OP also stated "with new investment dollars" though. Would that eliminate the possibility of using leverage? Seems like "going negative" or eating into the existing portfolio is a non-starter.
by mak1277
Wed May 03, 2017 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Income has increased drastically! What to do now?
Replies: 18
Views: 2196

Re: Income has increased drastically! What to do now?

Same boat here...definitely time for taxable (that's a good thing, for sure!).
by mak1277
Wed May 03, 2017 2:52 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 213
Views: 17894

Re: Where to Live on $60K or Less a Year?

Nashville, Tennessee -- Nearness to family is its only real positive at this point. Curious what your negatives are for Nashville. I've always enjoyed visiting and have heard great things from people who live there. Pittsburg, Pennsylvania -- Haven't been there in decades, but the town seems to get...
by mak1277
Wed May 03, 2017 1:26 pm
Forum: Personal Consumer Issues
Topic: Visiting Paris for 8 days - what to do?
Replies: 47
Views: 2941

Re: Visiting Paris for 8 days - what to do?

Bateux Mouche - boat cruise on the Seine.
by mak1277
Tue May 02, 2017 4:39 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 213
Views: 17894

Re: Where to Live on $60K or Less a Year?

I believe I recall OP posting this before. As a resident of Utah, there are a ton of areas here which fit the bill (household of 4 and our total annual household expenditures is well under $60k), but Ogden may be the single least desirable area in the state to live in. Just curious what is undesira...
by mak1277
Tue May 02, 2017 4:05 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 213
Views: 17894

Re: Where to Live on $60K or Less a Year?

I believe I recall OP posting this before. As a resident of Utah, there are a ton of areas here which fit the bill (household of 4 and our total annual household expenditures is well under $60k), but Ogden may be the single least desirable area in the state to live in. Just curious what is undesira...
by mak1277
Tue May 02, 2017 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Do you count lock-up shares part of your AA?
Replies: 18
Views: 909

Re: Do you count lock-up shares part of your AA?

I am very hesitant to take action around my knowledge of this position having in the 2000 timeframe watched a few people in internet startups make large purchases based on stock they would be able to sell in a couple months only to have it plummet in value before they could sell their position. Abs...
by mak1277
Tue May 02, 2017 7:29 am
Forum: Investing - Help with Personal Investments
Topic: Do you count lock-up shares part of your AA?
Replies: 18
Views: 909

Re: Do you count lock-up shares part of your AA?

My answer is that I would "count" this type of thing in my AA/net worth. But I wouldn't go through any gymnastics to rebalance just because of this. Since the lock-up period is only counted in months, I would go ahead and wait until the shares can be sold and then distribute them across yo...
by mak1277
Fri Apr 28, 2017 3:35 pm
Forum: Personal Consumer Issues
Topic: The Wolf of Wall Street is on FX tonight - Worth watching???
Replies: 29
Views: 2610

Re: The Wolf of Wall Street is on FX tonight - Worth watching???

Boiler Room is pretty much the same movie (just more fictionalized) and in my opinion far more entertaining. I like Leo, and love Scorsese, but I didn't enjoy Wolf of Wall Street.
by mak1277
Fri Apr 28, 2017 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 170
Views: 19663

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

I think you might be more extroverted than you think. Personally speaking, I could go for days without seeing or talking to another person and it wouldn't bother me at all. I also don't really understand why it matters so much to have interactions with "people of your age group". What's w...
by mak1277
Thu Apr 27, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 170
Views: 19663

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

Our combined income puts us in the top 1%. Our net worth is 7 figures without home equity. We don't feel we are missing anything at all. Both drive reliable, reasonably priced cars; live in a reasonably priced home. Our time is spent with family and our activities are typically very low cost (picni...
by mak1277
Thu Apr 27, 2017 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 170
Views: 19663

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

People are not morally obligated to earn to their maximum potential and spend as little as possible throughout their lives just to maximize savings. Agreed. And I think you could make a convincing argument that it's more moral to retire when you have enough, thereby letting someone else have your o...
by mak1277
Wed Apr 26, 2017 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Stock options and tax planning
Replies: 6
Views: 336

Re: Stock options and tax planning

I also have options that are "significantly in the money". When they vest, I sell them the same day. I don't worry about taxes, I just want to monetize my options and diversify. I don't invest in individual stocks (my own employer included).
by mak1277
Wed Apr 26, 2017 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 170
Views: 19663

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

I have a friend who is ultra frugal like many on here and retired at 45. Now 50, he is bored. Nobody else within +/- 10 years of his age is retired so he and his wife have nobody to do things with on weekdays. Recently he started driving uber just to have something to fill his time I think... That'...
by mak1277
Mon Apr 24, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 170
Views: 19663

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

I don't live a frugal life to save money, I save money because I live a frugal life. So I don't have regrets about "nicer" things passed up, because I already get what I want. This is the best post in the whole thread I think. The fact is that the right answer is not the same for everyone...
by mak1277
Mon Apr 17, 2017 10:22 am
Forum: Personal Consumer Issues
Topic: how much is reasonable amount to spend [on gymnastics]
Replies: 42
Views: 3214

Re: how much is reasonable amount to spend

[quote="randomguy"]
I think the point is more that you can make money tutoring piano than getting a scholarship.


You can make money giving private lessons in sports just like you can tutoring piano, though.
by mak1277
Mon Apr 10, 2017 10:21 am
Forum: Personal Consumer Issues
Topic: Ordering a Weber grill this week
Replies: 149
Views: 11201

Re: Ordering a Weber grill this week

If you do want to cover the grill, my recommendation would be to buy a $3 blue tarp and a couple of bungee cords to secure it. Don't pay $30 or $50 or whatever Weber charges for their cover.
by mak1277
Mon Apr 10, 2017 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Require Access to School Records?
Replies: 100
Views: 4305

Re: Require Access to School Records?

This is a damn tough question. I don't have kids, but I'm trying to think through how this impacted me as a student. I was an excellent high school student with VERY involved parents. By the time I graduated, I craved and needed independence, and I went to school far away intentionally. When I got t...
by mak1277
Fri Apr 07, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Telling Family About Daughters 529 For Gifts
Replies: 52
Views: 3575

Re: Telling Family About Daughters 529 For Gifts

I think what bothers me most about this is that the 529 donation is *really* just a gift for the child's parents. "mom, dad, please don't give little johnny another toy, instead give me some cash to defray the cost of his college" Yuck. Depends on if you believe it is a parent's responsib...
by mak1277
Fri Apr 07, 2017 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Telling Family About Daughters 529 For Gifts
Replies: 52
Views: 3575

Re: Telling Family About Daughters 529 For Gifts

I think what bothers me most about this is that the 529 donation is *really* just a gift for the child's parents. "mom, dad, please don't give little johnny another toy, instead give me some cash to defray the cost of his college"

Yuck.
by mak1277
Fri Apr 07, 2017 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Telling Family About Daughters 529 For Gifts
Replies: 52
Views: 3575

Re: Telling Family About Daughters 529 For Gifts

I think it's rude to ask people for money over gifts, and I think it's rude to tell people how/what to give in terms of gifts. People give gifts for a variety of reasons, but one of them is to make the recipient happy. No little kid is going to be happy they got an unseen gift to their 529. Remembe...
by mak1277
Fri Apr 07, 2017 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Telling Family About Daughters 529 For Gifts
Replies: 52
Views: 3575

Re: Telling Family About Daughters 529 For Gifts

I think it's rude to ask people for money over gifts, and I think it's rude to tell people how/what to give in terms of gifts. People give gifts for a variety of reasons, but one of them is to make the recipient happy. No little kid is going to be happy they got an unseen gift to their 529.
by mak1277
Thu Apr 06, 2017 10:43 am
Forum: Personal Consumer Issues
Topic: In-N-Out Burger - Best Chain Fast Food Burger Joint?
Replies: 157
Views: 21537

Re: In-N-Out Burger - Best Chain Fast Food Burger Joint?

Five Guys in our area has extremely greasy fries. Smashburger is a much better option in our opinion. I've been to many many different Five Guys and they have never had greasy fries. Have you been to more than one to see if it is just your local one? Greasy is in the eye of the beholder. For me, as...
by mak1277
Tue Apr 04, 2017 8:36 am
Forum: Investing - Theory, News & General
Topic: Early retirees - how did you inform your loved ones and friends?
Replies: 54
Views: 5740

Re: Early retirees - how did you inform your loved ones and friends?

When I retire early, my preference will be to simply disappear, and to maybe (maybe not) drop people a post card from somewhere amazing.
by mak1277
Tue Apr 04, 2017 8:34 am
Forum: Personal Consumer Issues
Topic: Dream vacation spots?
Replies: 81
Views: 8374

Re: Dream vacation spots?

I echo the desire to see more of the US before I go abroad again. My true "dream" vacations though all involve more of an immersive experience. I'd love to spend a month or more in places like Alaska, Patagonia, New Zealand, the Alps, etc.

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