Search found 5690 matches

by market timer
Tue Mar 21, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: My son wants to move to Hong Kong
Replies: 35
Views: 4474

Re: My son wants to move to Hong Kong

2. SUPER IMPORTANT - he needs to get a job before he goes - unless his GF's family is well-connected and can get him a job once he gets there. It may seem easier to just land there and go job-hunting, but because of the uncertain visa status and lack of flexibility, it's better to find a job while ...
by market timer
Sat Mar 18, 2017 7:30 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2220
Views: 611917

Re: What Book Are You Currently Reading? Part VI

My Struggle: Book 1 , by Knausgaard. Amazon blurb: Karl Ove Knausgaard writes about his life with painful honesty. He writes about his childhood and teenage years, his infatuation with rock music, his relationship with his loving yet almost invisible mother and his distant and unpredictable father,...
by market timer
Tue Mar 14, 2017 1:00 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2541
Views: 652333

Re: What Movie Have You Recently Watched?

The Handmaiden. A Korean film from the director of Oldboy, one of my favorite films of all time. This is so far my favorite film from 2016. It's an erotic psychological thriller set during the Japanese occupation of Korea.
by market timer
Sat Mar 11, 2017 11:37 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2541
Views: 652333

Re: What Movie Have You Recently Watched?

Saw Manchester by the Sea. Didn't really do much for me. Kind of tired of the theme of working class self-destruction. People praise the acting, but it felt off to me. The flashbacks were jarring. Not a bad movie, just a bit overhyped, in my opinion.
by market timer
Sun Mar 05, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Poll: For those 20 yrs away from retirement, what is your current asset allocation and future changes?
Replies: 33
Views: 1818

Re: Poll: For those 20 yrs away from retirement, what is your current asset allocation and future changes?

50% cash 35% LT bonds 7% real estate (primary residence) 5% gold 3% oil It's possible I'm too pessimistic. We plan to use some of the cash to buy or build a nicer house or two. For now, I keep transferring 80% of my paycheck to cash savings (spending the other 20%), for lack of a more attractive opp...
by market timer
Fri Mar 03, 2017 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: Buy a house? But there's a student loan elephant in the room
Replies: 21
Views: 1651

Re: Buy a house? But there's a student loan elephant in the room

Wow, these loan numbers are shocking to me. If I were in your situation, I'd be looking exclusively for jobs that qualify for PSLF and require 30-35 hours of work per week, then either enjoy the easy life or do a startup on the side.
by market timer
Thu Mar 02, 2017 11:38 pm
Forum: Investing - Theory, News & General
Topic: Treating I-Bonds as Long-term Bond Holdings
Replies: 19
Views: 2030

Re: Treating I-Bonds as Long-term Bond Holdings

What does it mean to "treat" I bonds as LT bond holdings? I bonds are different from most bonds in that they cannot be traded. This means the value to the holder is not simply the market value or today's redemption value. We've had several discussions on this topic over the years that migh...
by market timer
Thu Mar 02, 2017 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: What are the big things to get right?
Replies: 90
Views: 11058

Re: What are the big things to get right?

Lots of good ideas already mentioned. Personally, I'm more in line with the people who say it's better to focus on earning more money than worrying about lattes. Practically, this means having the right skill set for your profession, a good network, integrity, adaptiveness, and a bit of risk taking....
by market timer
Sun Feb 12, 2017 8:25 am
Forum: Investing - Theory, News & General
Topic: Fukushima meltdown a stressor on Japanese economy?
Replies: 11
Views: 1066

Re: Fukushima meltdown a stressor on Japanese economy?

The main reason Japanese GDP growth seems low relative to other developed markets is negative population growth. Per capita GDP growth is in line with other markets.
by market timer
Sat Feb 11, 2017 5:17 am
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 15391

Re: Why do you go to restaurants?

We dine out every meal mainly because of convenience, but also to enjoy diverse cuisines. I've typically lived in cities with many good restaurants accessible by foot on my commute home. If I had to make a special trip and drive to get to a restaurant, or if I were a stay-at-home dad, I'd probably c...
by market timer
Mon Feb 06, 2017 11:37 am
Forum: Investing - Theory, News & General
Topic: "The Undoing Project," by Michael Lewis
Replies: 19
Views: 4238

Re: "The Undoing Project," by Michael Lewis

What is the best order to read Thinking Fast and Slow and The Undoing Project? I have them both on my Kindle.
by market timer
Sun Feb 05, 2017 5:36 am
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 270
Views: 41316

Re: Any books really change your outlook on life?

The Most Instructive Games of Chess Ever Played: 62 Masterpieces of Chess Strategy , by Irving Chernev This was the first chess book I ever read. Chernev has a passion for the game that comes through in his writing. I became an avid player and student of the game after reading this book. Molecular ...
by market timer
Sun Feb 05, 2017 4:11 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2541
Views: 652333

Re: What Movie Have You Recently Watched?

Will try to catch most of the Best Picture nominees in the theater this month. Recently watched Arrival, Lion, and La La Land. All were pretty good--preferred La La Land of these three.
by market timer
Sat Feb 04, 2017 7:20 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2220
Views: 611917

Re: What Book Are You Currently Reading? Part VI

Freedom , by Franzen. This is the 3rd Franzen novel I've read. They're all very good. Here is the Amazon blurb: This is the story of the Berglunds, their son Joey, their daughter Jessica and their friend Richard Katz. It is about how we use and abuse our freedom; about the beginning and ending of l...
by market timer
Thu Jan 19, 2017 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Annual Vacation Budget
Replies: 320
Views: 23802

Re: Annual Vacation Budget

I have to travel regularly for work and my wife will often join. Her airfare alone is around $10K/year. We spend several long weekends at resorts throughout the year, perhaps another $3K. Once my children are a bit older and taking longer flights with us, I expect our travel budget to increase subs...
by market timer
Thu Jan 19, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Annual Vacation Budget
Replies: 320
Views: 23802

Re: Annual Vacation Budget

I have to travel regularly for work and my wife will often join. Her airfare alone is around $10K/year. We spend several long weekends at resorts throughout the year, perhaps another $3K. Once my children are a bit older and taking longer flights with us, I expect our travel budget to increase subst...
by market timer
Sat Jan 14, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 141
Views: 17034

Re: Best Financial Moves You've Made

1. Got a good education, never earned less than $175K/year
2. Wife and I established our careers and saved >$1mn before having kids (in mid 30s)
by market timer
Sat Jan 07, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: What monetary value has your education provided you?
Replies: 107
Views: 5802

Re: What monetary value has your education provided you?

The AA degree is now what a HS diploma was way back in the middle of the last century. Necessary to get more than minimum wage. So where does it all stop? If 80% have a degree a degree becomes less valuable. I know the diploma mills that live off student loans want everybody to stay in school for a...
by market timer
Wed Jan 04, 2017 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Investing in a Masters and Ph.D?
Replies: 101
Views: 5338

Re: Investing in a Masters and Ph.D?

To play the devil's advocate, I don't think it would be such a bad thing to view the PhD purely as a consumption good. Don't aim for an academic job, which is likely not in the cards. Instead, start your retirement now. Borrow up to your cost of attendance, including living allowance. Usually, the s...
by market timer
Tue Jan 03, 2017 2:51 am
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 245
Views: 28563

Re: Whats your number to walk away?

I walked away from a job I didn't enjoy with $700K and a paid off house.

Now I work a job I enjoy and would only walk away to do something entrepreneurial with $5mn. I prefer an intellectually stimulating job with reasonable work hours to retirement.
by market timer
Sat Dec 31, 2016 7:37 am
Forum: Personal Consumer Issues
Topic: What's your usual retirement day like ?
Replies: 201
Views: 43148

Re: What's your usual retirement day like ?

Caduceus wrote:I, too, want to do nothing but travel when I'm retired. You're living the life I want for myself :happy

I'd suggest finding a job that involves significant travel. Business travel gives you a better sense of the beating heart of a city. It's also a lot cheaper than going on your own dime.
by market timer
Sat Dec 31, 2016 4:31 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1288
Views: 212136

Re: What are you up YTD? [Year To Date]

Finished the year +13%. Was up much more before the Trump rally. Have a very conservative allocation going into 2017, almost no equities.
by market timer
Thu Dec 29, 2016 7:21 pm
Forum: Investing - Theory, News & General
Topic: How A 28-Year-Old Who Retired With A $2 Million Net Worth Is Investing In 2017
Replies: 42
Views: 5784

Re: How A 28-Year-Old Who Retired With A $2 Million Net Worth Is Investing In 2017

Reminds me of the famous Steve Martin skit: "You can be a millionaire and never pay taxes." How to retire at age 28? First, save $2 million. Now, let's talk about how you can invest that $2mn in a low-cost index fund...
by market timer
Thu Dec 29, 2016 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Monthly Expenses in line or too much
Replies: 81
Views: 7182

Re: Monthly Expenses in line or too much

I see a few people citing median household income in the $50K range. This is for all households, including retired people. If you focus on households with a family size of 4, the median household income was $88K in 2015. Therefore, expenses of $4700/month, excluding mortgage, seems in line with mid...
by market timer
Thu Dec 29, 2016 12:46 am
Forum: Personal Finance (Not Investing)
Topic: Monthly Expenses in line or too much
Replies: 81
Views: 7182

Re: Monthly Expenses in line or too much

I see a few people citing median household income in the $50K range. This is for all households, including retired people. If you focus on households with a family size of 4, the median household income was $88K in 2015. Therefore, expenses of $4700/month, excluding mortgage, seems in line with midd...
by market timer
Mon Dec 26, 2016 2:36 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2220
Views: 611917

Re: What Book Are You Currently Reading? Part VI

Ready Player One , by Ernest Cline I used to spend my Christmas holidays in the 1980s playing video games, so figured this book (basically a trip down 1980s memory lane for late Gen X) would be an interesting read over this holiday break. Imagine watching a geeky man-child play video games and read...
by market timer
Sun Dec 18, 2016 10:48 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2541
Views: 652333

Re: What Movie Have You Recently Watched?

Computer Chess (2013)

Highly original documentary-style film based on a computer chess tournament one weekend in 1984. I enjoyed it.
by market timer
Sun Nov 27, 2016 12:25 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2220
Views: 611917

Re: What Book Are You Currently Reading? Part VI

Benjamin Franklin's biography by Isaacson.
by market timer
Sun Nov 27, 2016 11:42 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2541
Views: 652333

Re: What Movie Have You Recently Watched?

At the theater: Your Name

On Netflix: Tickled, Sour Grapes, and most of Black Mirror

All recommended.
by market timer
Sat Nov 19, 2016 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 495
Views: 118880

Re: Share your networth progression

1/1/09: -$210K (started working this year) 1/1/10: -$120K 1/1/11: -$35K 1/1/12: $150K 1/1/13: $300K 1/1/14: $510K 1/1/15: $670K 1/1/16: $740K 11/19/16: $1.1mn Does not include wife's assets. Currently have a good work/life balance, raising a young family, and feel little need to add another digit to...
by market timer
Sun Oct 30, 2016 2:30 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2220
Views: 611917

Re: What Book Are You Currently Reading? Part VI

The Amazing Adventures of Kavalier & Clay , by Michael Chabon. Listening to this on Audible during my commute. Amazon blurb: A “towering, swash-buckling thrill of a book” (Newsweek), hailed as Chabon’s “magnum opus” (The New York Review of Books), The Amazing Adventures of Kavalier & Clay i...
by market timer
Sat Oct 22, 2016 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Need help. Drowning in debt and worried about the future and retirement
Replies: 243
Views: 23786

Re: Need help. Drowning in debt and worried about the future and retirement

The long term picture looks pretty grim to me, but the short run picture isn't very good either. There is no emergency fund and very high monthly bills. You are one layoff/recession/health problem away from being homeless. You say you have 18 months left of child support for your eldest daughter, bu...
by market timer
Tue Sep 27, 2016 8:42 pm
Forum: Investing - Theory, News & General
Topic: "Uncle Sam Pays Almost Twice The Yield On Treasurys--If You Know Where To Look
Replies: 85
Views: 12516

Re: "Uncle Sam Pays Almost Twice The Yield On Treasurys--If You Know Where To Look

This discussion pops up from time to time--there are many threads if you search for "EE bonds". I've been buying $10K/year since I started working seven years ago, and will continue to do so for as long as Treasuries yield much less than EE bonds held to maturity. Each month, when I update...
by market timer
Sat Sep 24, 2016 4:17 am
Forum: Personal Finance (Not Investing)
Topic: When (or whether) to have a second child
Replies: 37
Views: 4249

Re: When (or if) to have a second child

Flight time from UAE to Europe is not that long. I vote for staying where you are, having the second kid, and maybe try to negotiate more vacation time so you can travel with your kids to Europe several weeks a year.
by market timer
Sun Sep 18, 2016 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Living abroad. Retirement savings options?
Replies: 11
Views: 1837

Re: Living abroad. Retirement savings options?

Many people here started out buying 5.75% front load funds. I expect you'll drop the broker once you are more comfortable with the process. As an American investor living abroad, I've not found investing to be really any different than it was in the US.
by market timer
Sun Sep 18, 2016 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Education cost and kids
Replies: 64
Views: 5305

Re: Education cost and kids

I'd probably pay for a top 5 school or in-state tuition at a flagship public school. If my kids want to do something else, maybe I'll give them $100K in today's dollars and they can cover the rest. It's a long way away, hard to say.
by market timer
Sat Aug 20, 2016 3:29 am
Forum: Personal Finance (Not Investing)
Topic: Large amount of home equity - tempting to cash out and FIRE?
Replies: 57
Views: 4934

Re: Large amount of home equity - tempting to cash out and FIRE?

Why not list it now to see if you can get a decent price? If you still want to work in LA a couple years after you sell, you can rent.
by market timer
Mon Aug 15, 2016 9:02 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2220
Views: 611917

Re: What Book Are You Currently Reading? Part VI

Recommended by Marginal Revolution: The Last Samurai , by Helen Dewitt (not the basis for the Tom Cruise movie) Amazon blurb: Sibylla, an American-at-Oxford turned loose on London, finds herself trapped as a single mother after a misguided one-night stand. High-minded principles of child-rearing wor...
by market timer
Mon Aug 15, 2016 8:53 am
Forum: Personal Finance (Not Investing)
Topic: You have $10 Million and 10 years to live. What would you do?
Replies: 55
Views: 5645

Re: You have $10 Million and 10 years to live. What would you do?

Travel the world with my family. Take lots of pictures. Write a book so my kids would have something by which to remember me. Leave behind most of the money for my family.
by market timer
Mon Aug 15, 2016 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Self-made Millionaires: how did hitting 7 figures change you?
Replies: 304
Views: 45196

Re: Self-made Millionaires: how did hitting 7 figures change you?

More confidence to:
1. Leave a career I didn't enjoy with nothing else lined up
2. Have kids
3. Negotiate a promotion and raise for the first time
4. Feel relaxed at home and work
by market timer
Fri Aug 12, 2016 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Payoff Debt at Sacrifice of Leisure?
Replies: 77
Views: 5930

Re: Payoff Debt at Sacrifice of Leisure?

- We want a single family home. Sadly, in California, this means usually $1.2-$1.5M. - We want kids sooner or later which aren't cheap. Add that along with the factors above, I feel like its a lot of money. Overall, I think we are in good financial situation with our EF & equity in house, etc. ...
by market timer
Fri Aug 12, 2016 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Payoff Debt at Sacrifice of Leisure?
Replies: 77
Views: 5930

Re: Payoff Debt at Sacrifice of Leisure?

Given your income and assets, you sound way too stressed about money. Lighten up, HardHitter.
by market timer
Sun Aug 07, 2016 12:18 am
Forum: Investing - Help with Personal Investments
Topic: Additional contributions to taxable account or pay down student loans
Replies: 10
Views: 777

Re: Additional contributions to taxable account or pay down student loans

I think it's close to a toss-up in this situation. I'd lean toward taxable investing if having a larger down payment for your house purchase would allow you to avoid PMI. Student loan debt will play a role in determining the size of mortgage your qualify for. Mortgage lenders look at your total requ...
by market timer
Fri Aug 05, 2016 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice please- look for a new job?
Replies: 13
Views: 1770

Re: Career advice please- look for a new job?

I think people should pretty much always be looking for other jobs, unless there is nothing out there better than their current job. How do you know you're getting a good deal on your salary unless you are getting rejected for similar or better positions elsewhere?
by market timer
Mon Aug 01, 2016 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Overseas Workers - Retirement/Tax Efficiency Portfolio Tips?
Replies: 9
Views: 468

Re: Overseas Workers - Retirement/Tax Efficiency Portfolio Tips?

Are you even eligible to contribute to a Roth if you exclude all your earnings with the FEIE? I'm under the impression this is not allowed. I definitely agree with paying into Social Security up to 40 credits and ideally up to the first bend point. You can do this overseas by starting a business. We...
by market timer
Sat Jul 30, 2016 2:19 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2220
Views: 611917

Re: What Book Are You Currently Reading? Part VI

A Sport and a Pastime , by James Salter. Here is the Amazon blurb, though I think the book is mostly known for its unreliable narrator: Twenty-year-old Yale dropout Phillip Dean is traveling Europe aimlessly in a borrowed car with little money, until stopping for a few days in a church-quiet town n...
by market timer
Fri Jul 29, 2016 9:23 pm
Forum: Personal Consumer Issues
Topic: What is your plan if you lose job tomorrow ??
Replies: 73
Views: 6770

Re: What is your plan if you lose job tomorrow ??

I seem to have a fairly in-demand skill set currently, so would hope to find work quickly. In fact, have received several job offers in the past year. If for some reason I couldn't find work, I'd reduce my expenses and either retire or take online classes to retrain (probably some combination of the...
by market timer
Sat Jul 23, 2016 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirees, how much did you leave on the table?
Replies: 202
Views: 16625

Re: Early retirees, how much did you leave on the table?

TheTimeLord, seems like you are really questioning whether early retirement is a worthwhile end goal. I think you realized from your brief experience with retirement that it is not all it is cracked up to be. When work is stressful and you haven't had time off in a while, nothing sounds better than ...
by market timer
Mon Jul 18, 2016 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirees, at what age did you "retire"? Is it working out?
Replies: 63
Views: 10252

Re: Early retirees, at what age did you "retire"? Is it working out?

Tried retiring at 34, but ultimately decided to get back to work after a year of down time, mainly for a couple of reasons mentioned by AlohaJoe: I was always bad at having friends & hobbies outside of work. Also, spending 24 hours a day, 7 days a week with my SO is a bit too much. :) Both of th...
by market timer
Thu Jul 14, 2016 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Boss cutting salary in response to employee not doing "job"
Replies: 78
Views: 9550

Re: Boss cutting salary in response to employee not doing "job"

Suing sounds like a terrible idea. If she doesn't like the job, quit.

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