Search found 551 matches

by mak1277
Tue Jan 16, 2018 3:42 pm
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 66
Views: 5733

Re: Backpacking Light = Bogleheads for Backpackers

Ultralight Hiker wrote:
Tue Jan 16, 2018 12:47 pm

I see many parallels between Bogleheads and BPL -- civil discourse, prioritizing simplicity, creating detailed spreadsheets.
-ULH
Also the assumption that anyone doing it different from you is obviously wrong :-)

I suppose that really goes for any forum though.
by mak1277
Tue Jan 16, 2018 9:07 am
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 66
Views: 5733

Re: Besides Bogleheads, What Are Your Favorite Forums?

watchuseek.com

various backpacking and fly fishing forums.

mrmoneymustache forum from time to time
by mak1277
Fri Jan 12, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Pay off student loans after kid graduates?
Replies: 35
Views: 2090

Re: Pay off student loans after kid graduates?

Probably not relevant, but I'm curious...if you have the money to pay off the loans, why didn't you just pay for the education in the first place? If there is a good reason for that decision, what has changed?
by mak1277
Fri Jan 12, 2018 9:03 am
Forum: Personal Consumer Issues
Topic: Men's MUST iron dress shirt recommendations
Replies: 36
Views: 1977

Re: Men's MUST iron dress shirt recommendations

For "must iron" dress shirts, my personal favorites are Ralph Lauren. They are exceptionally soft (even with light starch from the cleaners) and they are extremely durable (I have one that's in its second decade, although it pulls more casual duty now). Only downside for me is that they don't have ...
by mak1277
Fri Jan 12, 2018 8:41 am
Forum: Personal Consumer Issues
Topic: Men's MUST iron dress shirt recommendations
Replies: 36
Views: 1977

Re: Men's MUST iron dress shirt recommendations

For "must iron" dress shirts, my personal favorites are Ralph Lauren. They are exceptionally soft (even with light starch from the cleaners) and they are extremely durable (I have one that's in its second decade, although it pulls more casual duty now). Only downside for me is that they don't have ...
by mak1277
Fri Jan 12, 2018 8:24 am
Forum: Personal Consumer Issues
Topic: Men's MUST iron dress shirt recommendations
Replies: 36
Views: 1977

Re: Men's MUST iron dress shirt recommendations

For "must iron" dress shirts, my personal favorites are Ralph Lauren. They are exceptionally soft (even with light starch from the cleaners) and they are extremely durable (I have one that's in its second decade, although it pulls more casual duty now). Only downside for me is that they don't have a...
by mak1277
Wed Jan 10, 2018 4:25 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 142
Views: 13629

Re: Anyone disenchanted with retirement?

Whatever helps you cope! Show me your peer reviewed longitudinal study and maybe I'll buy it. Ugh. You missed the point entirely. Who referenced anything about "coping" (except, perhaps, those who are still working)? Some of us don't need useless click bait in usatoday, a "peer reviewed longitudina...
by mak1277
Wed Jan 10, 2018 3:56 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 142
Views: 13629

Re: Anyone disenchanted with retirement?

https://www.usatoday.com/story/news/nation/2013/07/15/study-retirement-dementia/2517851/ Typical usatoday nonsense. The only thing "a job" forces one to do is to expend one's life energy on something other than oneself. Some of us since retirement have markedly increased what may be classified as "...
by mak1277
Wed Jan 10, 2018 11:25 am
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 142
Views: 13629

Re: Anyone disenchanted with retirement?

I know of several smart, bored, retirees that zone out when they retire and get lazy and watch a bunch of television and drink. This is a personal choice that each of those people make, though. It's not an immutable law. If a person cares about staying sharp, there are a million ways to do it that ...
by mak1277
Wed Jan 10, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 142
Views: 13629

Re: Anyone disenchanted with retirement?

I would continue to work part time with more vacation if possible. Working keeps your mind active and keeps you social. I certainly hope there are other ways of keeping your mind active besides working. Personally, I like the idea of (re-)reading the canon of Western Literature once I'm retired. I ...
by mak1277
Tue Jan 09, 2018 4:35 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 281
Views: 22945

Re: Year 2000 retirees using the '4% rule' - Where are they now?

and they sat there at 4% rather than increase their discretionary spending... reallY? Why would you increase spending? If you wanted more money, you would have keep on working more years. At some point when you enter the upper middle class (100k+), you rapidly buy everything you want and you have t...
by mak1277
Tue Jan 09, 2018 4:24 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 281
Views: 22945

Re: Year 2000 retirees using the '4% rule' - Where are they now?

and they sat there at 4% rather than increase their discretionary spending... reallY? Why would you increase spending? If you wanted more money, you would have keep on working more years. At some point when you enter the upper middle class (100k+), you rapidly buy everything you want and you have t...
by mak1277
Tue Jan 09, 2018 1:48 pm
Forum: Personal Consumer Issues
Topic: Men's no iron dress shirt recommendations
Replies: 66
Views: 3929

Re: Men's no iron dress shirt recommendations

Brooks Brothers for me without hesitation. Definitely look for sales where you can get the per shirt price down around $60.

I've also tried Charles Thyrwit...the no-wrinkle aspect is on par with BB but they don't fit me as comfortably.
by mak1277
Tue Jan 09, 2018 8:48 am
Forum: Personal Consumer Issues
Topic: The "Forever Home" Myth: Should I Plan on Buying 2 Homes?
Replies: 36
Views: 3266

Re: The "Forever Home" Myth: Should I Plan on Buying 2 Homes?

Personally, I think planning anything out beyond 3-4 years is silly. Sure, it's a mental exercise we all engage in, but it shouldn't be used as anything more than an interesting conversation with your wife over drinks. Having too rigid of a plan just makes change more painful and difficult, and it's...
by mak1277
Tue Jan 09, 2018 8:36 am
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 281
Views: 22945

Re: Year 2000 retirees using the '4% rule' - Where are they now?

Sandtrap wrote:
Tue Jan 09, 2018 1:12 am
This reinforces 4 things to me.

2. 25X is not enough, maybe not even close going forward.
Funny...my point of view after reading this post is just the opposite.
by mak1277
Mon Jan 08, 2018 12:06 pm
Forum: Personal Consumer Issues
Topic: Recommendations for 72 hours in Dublin, Ireland
Replies: 27
Views: 1217

Re: Recommendations for 72 hours in Dublin, Ireland

I love Guinness, to the point of saying it might be my favorite beer. I firmly believe that the Guinness I drank at the brewery immediately following the tour was by far the best pint of Guinness I've ever had. Better than the pubs in Dublin and far better than the pubs and bars anywhere else I've b...
by mak1277
Mon Jan 08, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 94
Views: 3925

Re: Are Password Managers Really Necessary?

Just saw this article over the weekend for what it's worth.

https://www.theverge.com/2017/12/30/168 ... n-research
by mak1277
Fri Jan 05, 2018 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Accounting question - "Cash Equivalents" for organization
Replies: 30
Views: 979

Re: Accounting question - "Cash Equivalents" for organization

Companies do not get to make their own rules regarding what is considered a cash equivalent. Maybe. However they may fall under different accounting standards. SEC has one standard, GAAP, state boards, etc. have slightly different standards. And that is for external reporting. Internal reporting is...
by mak1277
Fri Jan 05, 2018 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Accounting question - "Cash Equivalents" for organization
Replies: 30
Views: 979

Re: Accounting question - "Cash Equivalents" for organization

This is not correct. This is from CCH: Not sure what the CCH is, but my definition fits squarely with the SEC's definition of what cash is. Different organizations have different standards on what cash is and have different rationals for those differences. This is why I encouraged the OP to look to...
by mak1277
Fri Jan 05, 2018 2:46 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 280
Views: 32143

Re: Netflix, Your Current Favorite Show

A toss up between Dark (Stranger Things but with time travel and older kids) and Godless (western). Netflix has been doing a great job with content this past year. I liked Godless quite a bit. Dark is also really interesting. It's a German show overdubbed with English, so that was a little off putt...
by mak1277
Fri Jan 05, 2018 2:40 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 300
Views: 21307

Re: What frugal thing did you do today?

While in the laundromat I noticed a woman putting her clothes in a dryer. On the phone she told a friend she would be right over. A half hour walk was no problem. So I opened her dryer + threw my clothes in with hers. Got dryed for free. She never knew. This definitely transcends "frugal" and shoul...
by mak1277
Fri Jan 05, 2018 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Goodbye Capital One 360!!
Replies: 56
Views: 7964

Re: Goodbye Capital One 360!!

This whole business with Capital One asking people to confirm income, etc. irritated me quite a bit. For the first half 2017, I was able to circumvent the confirmation screen, and then late spring, they wouldn't let you log into your account if you didn't report your income. I've never had to do th...
by mak1277
Fri Jan 05, 2018 9:38 am
Forum: Personal Consumer Issues
Topic: compression sack for sleeping bag, help with calculations please
Replies: 31
Views: 1777

Re: compression sack for sleeping bag, help with calculations please

Please don't use a compression stuff sack, it can permanently reduce the loftiness of the bag, thereby reducing it's warmth. More details: https://backpackinglight.com/forums/topic/57909/ You must take less stuff backpacking than I do if you have space to not use compression sacks for clothing and ...
by mak1277
Fri Jan 05, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Can I retire now?
Replies: 44
Views: 4593

Re: Can I retire now?

I'm a newbie myself at this type of conversation, but I only heard 'inflation' mentioned a little bit in this thread. With a 40+ year horizon, how much do you need at that future point to have $100 of buying power in today's terms? Even if inflation only averages 2.0% to 2.5% it's going to be a big...
by mak1277
Fri Jan 05, 2018 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Goodbye Capital One 360!!
Replies: 56
Views: 7964

Re: Goodbye Capital One 360!!

This whole business with Capital One asking people to confirm income, etc. irritated me quite a bit. For the first half 2017, I was able to circumvent the confirmation screen, and then late spring, they wouldn't let you log into your account if you didn't report your income. I've never had to do th...
by mak1277
Fri Jan 05, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Can I retire now?
Replies: 44
Views: 4593

Re: Can I retire now?

I'm thinking I should work for another year or two and then re-evaluate. There seems to be quite a bit of doubt as to whether I could stretch my money out in the long run. +1, good idea. You are young, and very close to FI. Extra few years of work would be much safer for such a long retirement. I d...
by mak1277
Thu Jan 04, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: [How to determine budget for toys/luxuries?]
Replies: 41
Views: 2672

Re: [How to determine budget for toys/luxuries?]

KlangFool wrote:
Thu Jan 04, 2018 3:16 pm
OP,

1) If your net worth is 50 or more times your current annual expense, you can spend any amount in excess of that for any toys.
So you are advocating zero discretionary/fun spending unless you have a double-funded retirement? That seems....unnecessarily conservative.
by mak1277
Wed Jan 03, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Impact of new bill on paycheck?
Replies: 18
Views: 2012

Re: Impact of new bill on paycheck?

This all makes me very glad that I don't care whether I owe or get a refund when I file.
by mak1277
Wed Jan 03, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: What non fiction book will you be reading in 2018?
Replies: 127
Views: 7475

Re: What non fiction book will you be reading in 2018?

Most of my non-fiction reading falls into the adventure or travelogue genres...that will continue in '18, although I don't have a ready made list at this point (suggestions welcome!)
by mak1277
Wed Jan 03, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: [How much should I give to charity?]
Replies: 17
Views: 1533

Re: [How much should I give to charity?]

Roughly 10% of gross income, although it varies year by year. Mainly to church but also to other charities that rotate year by year. Charity is the largest expense item we have.
by mak1277
Tue Jan 02, 2018 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: College scholarships: How much should I pencil in for my future students?
Replies: 54
Views: 2503

Re: College scholarships: How much should I pencil in for my future students?

It absolutely is true. Football, men's basketball, women's basketball and women's volleyball at the high Division I level are the only places you see full ride athletic scholarships. Women's softball is close, but not at the same level as the other sports. Baseball, which is the epitome of the yout...
by mak1277
Tue Jan 02, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: College scholarships: How much should I pencil in for my future students?
Replies: 54
Views: 2503

Re: College scholarships: How much should I pencil in for my future students?

It absolutely is true. Football, men's basketball, women's basketball and women's volleyball at the high Division I level are the only places you see full ride athletic scholarships. Women's softball is close, but not at the same level as the other sports. Baseball, which is the epitome of the yout...
by mak1277
Tue Jan 02, 2018 9:09 am
Forum: Personal Consumer Issues
Topic: Long Term House—Any Regrets on things you didn’t do?
Replies: 48
Views: 5783

Re: Long Term House—Any Regrets on things you didn’t do?

Been in my house for 10 years now. Best thing I did was choose a house that didn't *need* anything done to it to satisfy our needs. Sure, there are minor projects that we've done purely for appearance but functionally the house is and was completely fine when we moved in. Just the way I like it...no...
by mak1277
Fri Dec 22, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Strategy for month of the year to retire
Replies: 33
Views: 2512

Re: Strategy for month of the year to retire

For me it will be a January. Various bits of compensation vest on 12/31 at my company, so I'll stick around just long enough to get that and then be gone.
by mak1277
Fri Dec 22, 2017 10:41 am
Forum: Investing - Theory, News & General
Topic: Will you take this Fidelity bait ?
Replies: 126
Views: 13202

Re: Will you take this Fidelity bait ?

Several people mentioned better customer service at Fidelity. It makes me wonder...how often do people use customer service? I have never once had to call or inquire of anything at Vanguard. I've had to use customer service at Fidelity several times. To me, that's a point in Vanguard's favor. My exp...
by mak1277
Fri Dec 22, 2017 9:27 am
Forum: Personal Consumer Issues
Topic: Different ways to order coffee
Replies: 41
Views: 4029

Re: Different ways to order coffee

I prefer my coffee strong and black. Sometimes for a treat I'll get a cafe mocha. I do enjoy iced coffee in the summer but I've never differentiated in styles of making it.
by mak1277
Thu Dec 21, 2017 8:32 am
Forum: Personal Finance (Not Investing)
Topic: A meal with friends yields a financial revelation
Replies: 95
Views: 11725

Re: A meal with friends yields a financial revelation

TimeLord I know exactly what you were saying. I remember as a newlywed agonizing over a $17 box fan at Kmart - this was to get us through another sweltery southern summer. While I'll always be frugal by nature once I reached the point I could easily buy whatever I found was good value for the money...
by mak1277
Wed Dec 20, 2017 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Christmas Bonus: Etiquette
Replies: 32
Views: 4618

Re: Christmas Bonus: Etiquette

If there is a stated, formal bonus program, then no thanks are required. I do think a "surprise" discretionary bonus is worthy of at least a thank you email. There's nothing wrong with showing gratitude for something that was not expected.
by mak1277
Wed Dec 20, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: A meal with friends yields a financial revelation
Replies: 95
Views: 11725

Re: A meal with friends yields a financial revelation

Definitely different for me. Even when I had less than $1,000 to my name I never "worried" about money. I always did pretty much whatever I wanted and never got in too deep (just through dumb luck as opposed to brilliant design). I once blew through 75% of my assets (starting point $1,200) on food a...
by mak1277
Wed Dec 20, 2017 11:10 am
Forum: Personal Consumer Issues
Topic: Any last minute shopping ideas for a spouse?
Replies: 22
Views: 2178

Re: Any last minute shopping ideas for a spouse?

"last minute"??? You still have 5 days, it's not even close to last minute yet.

Based on your phone number...what about Steelers' playoff tickets?
by mak1277
Wed Dec 20, 2017 10:04 am
Forum: Personal Finance (Not Investing)
Topic: House purchase considerations
Replies: 33
Views: 2689

Re: House purchase considerations

I think it's humorous that people are telling me I can't afford the price of this house. I've had a house this price THIS YEAR in the same suburb (on a smaller salary!). I'm asking about the impact of the new tax structure and rates on the value of housing and impact on take-home pay. I'm trying to...
by mak1277
Wed Dec 20, 2017 8:26 am
Forum: Personal Finance (Not Investing)
Topic: House purchase considerations
Replies: 33
Views: 2689

Re: House purchase considerations

If your job is secure and you plan to stay in your house for a fairly long time, then who cares if it's "upside down" for a little while?
by mak1277
Tue Dec 19, 2017 1:18 pm
Forum: Personal Consumer Issues
Topic: Spending on myself, am I off base here?
Replies: 104
Views: 5598

Re: Spending on myself, am I off base here?

I have a very hard time spending money on myself; my husband once joked that my favorite thing to do with our paychecks was to watch the numbers in the bank account go up. Yet, I rarely have complaints about his spending, which outpaces mine because his primary hobby is carpentry; we joke that ever...
by mak1277
Mon Dec 18, 2017 4:17 pm
Forum: Personal Consumer Issues
Topic: Spending on myself, am I off base here?
Replies: 104
Views: 5598

Re: Spending on myself, am I off base here?

Well, are BHs frugal to ensure financial independence? Or frugal for the sake of frugal? If I'm forecasting FI in about nine years by early 50s based on continuing what we're doing, and 5k doesn't impact that, what is gained by not spending it for personal satisfaction? Because that's the crux of m...
by mak1277
Mon Dec 18, 2017 3:48 pm
Forum: Personal Consumer Issues
Topic: Spending on myself, am I off base here?
Replies: 104
Views: 5598

Re: Spending on myself, am I off base here?

It's not that easy though. If your spouse never spends on themself, it's unlikely they'll feel the need for a "discretionary" account that is very big. So ever though this is a seemingly straightforward solution, it's still something that might cause disagreement. I don't see how this is hard at al...
by mak1277
Mon Dec 18, 2017 11:09 am
Forum: Personal Consumer Issues
Topic: Spending on myself, am I off base here?
Replies: 104
Views: 5598

Re: Spending on myself, am I off base here?

If one is having problems of the other's purchases, then I suggest create spending accounts for no-questions asked purchases and put a little bit of your hard earned money into that account (after paying of necessary vehicles such as bills, food, and retirement/investments, of course). It's not tha...
by mak1277
Mon Dec 18, 2017 10:10 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3239
Views: 942180

Re: What Movie Have You Recently Watched?

Last Jedi I left the theater very disappointed...and feeling like there was something wrong with me for not liking it more. Some of the movie was excellent, but there were just too many plodding, useless, boring parts to say this was good. I re-watched Rogue One on Netflix on Saturday and confirmed...
by mak1277
Fri Dec 15, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: How to deal with Micro-manager
Replies: 42
Views: 3747

Re: How to deal with Micro-manager

It's tough to confront a micro-manager when you don't have any "capital" with them...and three weeks certainly isn't enough time to earn a manager's trust. I think some requests (like the video camera thing) can be declined, but in terms of ultimately combating this issue, an employee has to prove t...
by mak1277
Fri Dec 15, 2017 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Student Loans vs 401K
Replies: 11
Views: 720

Re: Student Loans vs 401K

When I was early in my career, I skipped 401k contributions because of student loan payments (and a choice not to be "401k poor"). I do not regret this. It sounds like you are, or will be, highly compensated in the future. In light of that, it probably doesn't matter at all whether you contribute to...
by mak1277
Wed Dec 13, 2017 5:02 pm
Forum: Personal Consumer Issues
Topic: Who is Right Me or Spouse
Replies: 51
Views: 3160

Re: WHO IS RIGHT ME or SPOUSE

Heh, my wife gets $150 from her father every year, and I get $100. So I'm a family member, but second-tier. :) She has kept my money in her purse until I forget about it about half of the 20 Christmases we've been together. :) But... it is nice I'm included in his thoughts. My wife's family is simi...