Search found 84 matches

by mirror
Sun Sep 10, 2017 3:53 am
Forum: Personal Consumer Issues
Topic: Luxury car: perception vs reality
Replies: 118
Views: 5991

Re: Luxury car: perception vs reality

I will also add there are as many "rules of thumb" about what people should pay for houses / cars etc. as there are people giving advice. Dave Ramsey: everything you own with an engine should be less than 50% of your annual household income. Suze Orman: only buy a car if you can put 20% down and can...
by mirror
Sun Sep 10, 2017 3:38 am
Forum: Personal Consumer Issues
Topic: Luxury car: perception vs reality
Replies: 118
Views: 5991

Re: Luxury car: perception vs reality

I'm on page 3 of this thread and have yet to see the term "luxury car" defined. Is that based on price, features, badge, or some combination of the three? You can get a CPO 3 series BMW or MB C Class for the same price as a new Camry or CPO Avalon. Does that mean the income requirements for the BMW/...
by mirror
Fri Jul 21, 2017 2:36 pm
Forum: Personal Consumer Issues
Topic: Commuters (that drive), what do you listen to?
Replies: 60
Views: 3135

Commuters (that drive), what do you listen to?

I will be starting a new job soon that will be ~35-40min commute. I haven't commuted in several years and technology and available content have changed quite a bit. I am curious what other commuters listen to on their drives (both the service and the content). Services such as Pandora and Spotify of...
by mirror
Sun Apr 23, 2017 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 138
Views: 14295

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

There are two types of truly "bad" bosses : the incompetent and the malicious. Both are equally dangerous. I refuse to work for either. Life is too short. I can deal with just about any issues outside of those two. I'm not talking about a boss that takes credit for your work or constanly d...
by mirror
Tue Mar 21, 2017 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 61
Views: 7012

Re: Endless Job Interviews (with same company)

Thanks for the feedback all. Proceeding with caution.
by mirror
Tue Mar 21, 2017 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Any downside in buying a brand new house ?
Replies: 71
Views: 5733

Re: Any downside in buying a brand new house ?

I bought a new home in 2015. I'm a little lost on the poor quality comments on new versus old. Weren't old homes new at one time? Did they cut less corners 100 years ago? Even if they did, do people really expect quality components in a 100 year old home in aggregate would be better than a new home...
by mirror
Mon Mar 20, 2017 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Any downside in buying a brand new house ?
Replies: 71
Views: 5733

Re: Any downside in buying a brand new house ?

Another, did you have an inspection done? Doesn't sound like it. You didn't know the dishwasher wasn't functioning?? An easy catch the inspection should have caught. Along with the other issues you mentioned. Yes, but just like any other profession not all inspectors are good at what they do. I was...
by mirror
Mon Mar 20, 2017 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Any downside in buying a brand new house ?
Replies: 71
Views: 5733

Re: Any downside in buying a brand new house ?

For example, I know that when buying an older home, you have to be extra careful on the inspections, and ready for higher maintenance costs. But a new one ? What's the catch ? Any insight / experience would be welcome. Get references on the specific builder you want to use. Everything is built &quo...
by mirror
Fri Mar 17, 2017 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 61
Views: 7012

Re: Endless Job Interviews (with same company)

How many of the four were face to face? If some of them were phone interviews, then it might not be too terrible. In general, I would say that a repeat face to face interview with the same people indicates a hiring manager that is indecisive. They might have two finalists that are close, but they s...
by mirror
Fri Mar 17, 2017 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 61
Views: 7012

Re: Endless Job Interviews (with same company)

1.) Are you currently employed? If not then I would go along with their plans because you are not in a position to dictate the next steps. If so then I would move to #2. 2.) You didn't say whether or not you are working through an outside recruiter, in house recruiter or directly with the hiring au...
by mirror
Fri Mar 17, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 61
Views: 7012

Re: Endless Job Interviews (with same company)

ved wrote:Probably. But, what do you have to lose?


Other than wasting time/energy/resources, it makes me question whether that is the type of organization that I want to join (if an offer ever came).
by mirror
Fri Mar 17, 2017 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 61
Views: 7012

Endless Job Interviews (with same company)

I have been through 4 rounds of interviews with the same potential employer and now they want to set up another interview (with the same people). This tells me that either: a) they are indecisive, b) they have concerns about my qualifications, c) they are stringing me along as a backup until they ca...
by mirror
Mon Dec 05, 2016 12:41 am
Forum: Personal Consumer Issues
Topic: Men's Fashion - Best Bang for Buck
Replies: 79
Views: 8756

Re: Men's Fashion - Best Bang for Buck

Dappered.com
by mirror
Thu Nov 03, 2016 12:03 pm
Forum: Personal Consumer Issues
Topic: How much home can/should one buy?
Replies: 144
Views: 11904

Re: How much home can/should one buy?

1) In the middle of 2008 / 2009 recession, 50% of my co-worker at my location was laid off. Those remains were stressed out. Some of them are still under-employed until now. I slept through those times. Klang, Just because this happened in your situation doesn't make it a rule for ALL situations. D...
by mirror
Sun Oct 23, 2016 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: 15 year mortgage or 401(k)?
Replies: 29
Views: 2921

Re: 15 year mortgage or 401(k)?

David and Norcal, thank you both for the clarification.
by mirror
Fri Oct 21, 2016 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: 15 year mortgage or 401(k)?
Replies: 29
Views: 2921

Re: 15 year mortgage or 401(k)?

However, if you're looking for a blanket rule I will say that a 15 year mortgage should not be chosen over a 30 year at the expense of the 401K, as would be the case in the OP's scenario. I agree with this. From the bank's point of view, a 15-year mortgage and a 30-year mortgage are equally good. T...
by mirror
Fri Oct 21, 2016 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Home Improvement vs Moving
Replies: 12
Views: 1979

Re: Home Improvement vs Moving

My honest opinion is that this sort of thinking is pretty dangerous. Those comps that sold might have been perfectly appointed inside when they sold, so might not reflect what the OP could get at resale. IT also seems that commissions, 6+% would be a lot more expensive than fixing up the existing h...
by mirror
Thu Oct 20, 2016 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Why have a formal budget?
Replies: 106
Views: 11358

Re: Why have a formal budget?

How would you feel if you're employer said this about how they manage their money? We're fortunate to be in the high income bracket, but we're still ruthless about budgeting and telling our money where to go. Don't knock it till you try it I have worked for employers that kept urinal cakes locked u...
by mirror
Wed Oct 19, 2016 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Why have a formal budget?
Replies: 106
Views: 11358

Re: Why have a formal budget?

White Coat Investor wrote:Let me assure you that you are very unusual...


I will take that as a compliment. :beer
by mirror
Wed Oct 19, 2016 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Home Improvement vs Moving
Replies: 12
Views: 1979

Re: Home Improvement vs Moving

Leemiller wrote:Fwiw, in my experience the rich have things as well as money.


Touche. I was referencing more the millionaire next door versus broke conspicuous consumer.
by mirror
Tue Oct 18, 2016 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Home Improvement vs Moving
Replies: 12
Views: 1979

Re: Home Improvement vs Moving

A couple thoughts - what is your income trajectory like? Are you at 85k for the foreseeable future or is it rapidly increasing? Given your lack of debt and good savings, you seem to be doing the right things. What is your budget like right now - how much wiggle room do you have? Personally, assumin...
by mirror
Mon Oct 17, 2016 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Home Improvement vs Moving
Replies: 12
Views: 1979

Re: Home Improvement vs Moving

It's probably not what you want to hear, but I think you'd really be stretching to afford a $325k house on an $85k salary. Even with the equity from your current house (which would be eroded by the repairs needed before you could sell it for the market rate), your offer would not be very powerful s...
by mirror
Mon Oct 17, 2016 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Home Improvement vs Moving
Replies: 12
Views: 1979

Home Improvement vs Moving

I've posted before about neighbor issues, being unhappy with our house and discussing the possibility of moving. We toyed around with the idea last winter/spring looked at a couple houses, but nothing really stood out so we decided to stay put. Both my wife and I will email each other every once in...
by mirror
Mon Aug 15, 2016 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Realigning Savings After Spouse Stops Working
Replies: 2
Views: 661

Realigning Savings After Spouse Stops Working

I wasn't sure if this should go into the Personal Finance section or this one. The question I have isn't regarding asset allocation, specific funds or expense ratios. I am seeking guidance on overall investment strategy for when my wife stops working (the next month or so). My wife currently works p...
by mirror
Thu Jun 30, 2016 12:17 pm
Forum: Personal Consumer Issues
Topic: Your shopping strategy for new tires?
Replies: 123
Views: 10232

Re: Your shopping strategy for new tires?

Couldn't have said it better and couldn't agree more with alfaspider. Me having an email address including "02tii" may indicate a shared hobby. Good advice on Tire Rack (I have driven on their test circuit for 20 years) as it's a great place for info on every brand, specs, and pricing. I ...
by mirror
Wed Jun 29, 2016 11:53 pm
Forum: Personal Consumer Issues
Topic: Reducing Electric Bill- Point of Diminishing Returns?
Replies: 34
Views: 4301

Re: Reducing Electric Bill- Point of Diminishing Returns?

I saw in an earlier post that you work from home and wife mostly does (or something to that effect) so gains might be more if you're home most of the time. Glad I live in the cheaper midwest, my last 12 month average for electric is $52.01 and natural gas is $39.85. I spent about 1K in spring of 20...
by mirror
Wed Jun 29, 2016 3:49 pm
Forum: Personal Consumer Issues
Topic: Reducing Electric Bill- Point of Diminishing Returns?
Replies: 34
Views: 4301

Re: Reducing Electric Bill- Point of Diminishing Returns?

All, Thanks for the feedback. We will continue the behavioral practices, but probably won't pursue any major improvements. The only change we may make is adding some type of outdoor shade to one of the bedroom's windows. The sun constantly hits those windows and makes the room an oven in the summer....
by mirror
Tue Jun 28, 2016 11:17 am
Forum: Personal Consumer Issues
Topic: Dog attacked by another dog
Replies: 91
Views: 5937

Re: Dog attacked by another dog

You seriously have a better chance of being hit by lightening than you do of contracting rabies. You probably have a ten times better chance of dying from a bee sting than rabies. Not sure who said anything about dying from rabies. Even if the dog does not have rabies, if it is not recent on shots ...
by mirror
Tue Jun 28, 2016 12:14 am
Forum: Personal Consumer Issues
Topic: Your shopping strategy for new tires?
Replies: 123
Views: 10232

Re: Your shopping strategy for new tires?

I guess I am spoiled. I had no idea free tire rotation is such a big selling point. The shop where I take my car mails me a coupon every 2 months for an oil change and tire rotation for $19.99. I have the tires rotated every other oil change. I do need two new sets of tires so this thread has been o...
by mirror
Mon Jun 27, 2016 12:23 pm
Forum: Personal Consumer Issues
Topic: Reducing Electric Bill- Point of Diminishing Returns?
Replies: 34
Views: 4301

Reducing Electric Bill- Point of Diminishing Returns?

At what point is it not worth pursuing larger options to reduce one's electric bill? I am thinking more along the lines of the more expensive options such as increased insulation in the attic, air sealing, and the like. I am not talking about turning off lights, switching to LEDs, unplugging unused ...
by mirror
Mon Jun 27, 2016 11:59 am
Forum: Personal Consumer Issues
Topic: Dog attacked by another dog
Replies: 91
Views: 5937

Re: Dog attacked by another dog

After talking with Animal Control the difficult part is that I didn't see the dog coming so I don't know if he ran out the front door when the owner opened it, or if it was truly kept outside off leash. I know ours has escaped a few times when people that aren't used to dogs being around visit and l...
by mirror
Mon Jun 27, 2016 10:55 am
Forum: Personal Consumer Issues
Topic: Dog attacked by another dog
Replies: 91
Views: 5937

Re: Dog attacked by another dog

I meant that I don't believe it is a criminal issue so I am not going to get the police/courts involved. I did get animal control involved as I felt that was the best avenue for this issue. They took my report and are going to follow up with the other owner.
by mirror
Fri Jun 24, 2016 9:58 pm
Forum: Personal Consumer Issues
Topic: Dog attacked by another dog
Replies: 91
Views: 5937

Re: Dog attacked by another dog

I was not going to try to get in the middle so I kept a hold of the leash, but backed away as far as I could to avoid personal injury (both dogs are 60+lbs). You have got to be kidding. Carry a "walking stick". A pocket knife. Get a concealed carry permit. Be prepared to do something . He...
by mirror
Fri Jun 24, 2016 4:42 pm
Forum: Personal Consumer Issues
Topic: Dog attacked by another dog
Replies: 91
Views: 5937

Re: Dog attacked by another dog

Thanks all for the feedback and concern. Just got back from the vet. No signs of broken bones or torn ligaments. Hopefully it is just a sprained/strained knee. A week of rest is Dr's orders. While I do appreciate the good intentions of some posters, I don't believe any legal action will be taken. I ...
by mirror
Fri Jun 24, 2016 9:04 am
Forum: Personal Consumer Issues
Topic: Dog attacked by another dog
Replies: 91
Views: 5937

Dog attacked by another dog

I was walking my dog yesterday when out of the corner of my eye I saw another dog running at us. I turned around just in time to get out of the way but the other dog lunged at mine fairly viciously. I was not going to try to get in the middle so I kept a hold of the leash, but backed away as far as ...
by mirror
Sun Jun 19, 2016 11:09 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 350
Views: 38798

Re: Flaunt Your High-Mileage Car

My first car was a Toyota camry that I got from my parents when they got a new car. They bought it with 7k miles on the clock. It had 260k when the odometer stopped working and I drove it without issues for six more months after that. Then I foolishly traded it in and ended up with a lemon. Other th...
by mirror
Sun Jun 19, 2016 9:50 pm
Forum: Personal Consumer Issues
Topic: Buying a used car from a rental agency
Replies: 23
Views: 2453

Re: Buying a used car from a rental agency

I think Jeff Foxworthy had some good insight on the topic: "Buying a used rental car is kind of like going to a house of ill repute looking for a wife. Anything that's been driven that hard by that many people, you really don't want to put your key in it." I had a friend who got a job with...
by mirror
Tue Jun 07, 2016 9:28 pm
Forum: Personal Consumer Issues
Topic: Leave garage door open?
Replies: 109
Views: 12879

Re: Leave garage door open?

So finding ways (reducing opening-closing cycle count, longer-life springs) to extend time between replacements is worth the effort. I would think over the course of 11 years the amount of things taken from said open garage would cost more than extending the life of a spring by a few years. Unless ...
by mirror
Tue Jun 07, 2016 9:30 am
Forum: Personal Consumer Issues
Topic: Leave garage door open?
Replies: 109
Views: 12879

Re: Leave garage door open?

Is all of this about wanting to extend the life of a spring that lasts 11 years and costs ~$300 to replace?
by mirror
Tue May 10, 2016 11:15 pm
Forum: Personal Consumer Issues
Topic: WOW fantastic Cars in the Wild
Replies: 91
Views: 13844

Re: WOW fantastic Cars in the Wild

Seriously pretty much zero of the AMG cars make sense (exception maybe for the GT-S). You aren't going to take them to the track and the power and no one driving on the street has a need for the level of performance the AMG models offer. They are all about branding. Legitimate question: can't you s...
by mirror
Fri May 06, 2016 11:12 am
Forum: Personal Consumer Issues
Topic: WOW fantastic Cars in the Wild
Replies: 91
Views: 13844

Re: WOW fantastic Cars in the Wild

I've run into my boss at WalMart on two separate occasions, he's worth a few hundred million. He also drives his accord or Dodge ram there himself - the Gulfstream stays in the hangar. Apparently this is a very regional thing. Excellent point. I also know people that make $200k that get their groce...
by mirror
Fri May 06, 2016 10:44 am
Forum: Personal Consumer Issues
Topic: WOW fantastic Cars in the Wild
Replies: 91
Views: 13844

Re: WOW fantastic Cars in the Wild

And why would anyone be surprised to see an exotic car at a grocery store/target/etc etc. Im assuming a human drove it. My guess is that human has to buy toiletries and food at the very least. I know... it's like people think millionaires don't poop. You guys really think Walmart is only for poor p...
by mirror
Thu May 05, 2016 9:24 am
Forum: Personal Consumer Issues
Topic: WOW fantastic Cars in the Wild
Replies: 91
Views: 13844

Re: WOW fantastic Cars in the Wild

I've seen the occasional lambo and ferrari fanfare, but have also caught a few NSXs Astons, and Maseratis as well. I was in a local Qdoba a few months ago and while waiting in line I saw a Maserati pull in the parking lot. A woman got out of the car and left it running in the parking lot while she w...
by mirror
Tue May 03, 2016 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Recast Mortgage to Improve Cash Flow?
Replies: 5
Views: 830

Re: Recast Mortgage to Improve Cash Flow?

Thanks for the feedback. There is something that doesn't quite fit here - you are concerned about creating a $100 reduction in cash flow even though your were saving all of your wife's income so none of her salary was going toward expenses anyway? Is this an issue because you want to keep saving agg...
by mirror
Tue May 03, 2016 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Recast Mortgage to Improve Cash Flow?
Replies: 5
Views: 830

Recast Mortgage to Improve Cash Flow?

Next year my wife will be a stay at home mom. I am wondering if it is a wise move to recast our mortgage this year while we have the excess funds available to free up monthly cash flow going forward. Refinancing isn't something we are interested in because we don't want to start the 30 year clock ov...
by mirror
Fri Apr 29, 2016 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Why have a formal budget?
Replies: 106
Views: 11358

Re: Why have a formal budget?

If you don't need a formal budget that's great for you but it doesn't mean that others can't possibly benefit from a formal budget. If you know someone who uses a formal budget and just blows any savings in a budgeted category that also doesn't mean that others cannot benefit from a formal budget. ...
by mirror
Mon Apr 25, 2016 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Why have a formal budget?
Replies: 106
Views: 11358

Re: Why have a formal budget?

Rainier wrote:3>2, 1<2

The symbol in your first sentence is wrong. I would assume money going out is less than money coming in.

It was right originally. I have never been in a situation in which the money going out exceeded money coming in.
by mirror
Mon Apr 25, 2016 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Why have a formal budget?
Replies: 106
Views: 11358

Re: Why have a formal budget?

Interesting points made so far. Great discussion. I guess I tend to side more with tracking expenses, but not necessarily getting caught up on $ being assigned to a specific category. Again, maybe I am being too literal with it all. But let's say one has a 6 month EF, and contributes an appropriate ...
by mirror
Mon Apr 25, 2016 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Why have a formal budget?
Replies: 106
Views: 11358

Why have a formal budget?

I have found myself fortunate enough to have never been in a situation where the money going out > the money coming in. I have never had any type of formal budget and find the idea rather odd. Unless someone has a problem prioritizing wants vs needs and continuously overspends, or breaks even month ...