Search found 2519 matches

by simplesimon
Tue Apr 26, 2016 4:05 pm
Forum: Personal Consumer Issues
Topic: Kellogg vs. Darden
Replies: 17
Views: 1373

Re: Kellogg vs. Darden

I disagree with comments about $60k being a non-factor. Sure it's less meaningful for the top students that get the consulting jobs but the average student doesn't get those lucrative gigs. I know several MBA's from top programs who were average and had a tough time getting those kinds of jobs. They...
by simplesimon
Tue Apr 19, 2016 6:28 pm
Forum: Personal Consumer Issues
Topic: Law School Advice
Replies: 88
Views: 6676

Re: Law School Advice

Anecdotal, but I know two people that graduated from UCLA law in 2011 and neither are practicing law. She should avoid debt to keep her options open. The question is -- what are they doing. If it is investment banking, consulting, or something business related they may be doing quite a bit better t...
by simplesimon
Tue Apr 19, 2016 4:29 pm
Forum: Personal Consumer Issues
Topic: Law School Advice
Replies: 88
Views: 6676

Re: Law School Advice

Anecdotal, but I know two people that graduated from UCLA law in 2011 and neither are practicing law. She should avoid debt to keep her options open.
by simplesimon
Sat Apr 16, 2016 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: disability insurance: do I really need it?
Replies: 53
Views: 3757

Re: disability insurance: do I really need it?

1. MOO is not non-cancelable I'm also considering a MOO disability policy with a monthly premium of about $165 and monthly benefits of about $6500. If a MOO policy is not non-cancelable, that means they can cancel it at will? Maybe if I get sick and keep working they could cancel it in case I becom...
by simplesimon
Sat Apr 16, 2016 6:32 am
Forum: Personal Finance (Not Investing)
Topic: disability insurance: why is locating an independent agent so difficult?
Replies: 5
Views: 586

Re: disability insurance: why is locating an independent agent so difficult?

Policy Genius was the closest thing to terms4sale that I could find online when I did research. http://www.policygenius.com

I ended up using an agent recommended by EmergDoc on his blog who lives in NY while I live in MA.
by simplesimon
Fri Apr 15, 2016 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: University of Virginia vs University of Miami
Replies: 130
Views: 7348

Re: University of Virginia vs University of Miami

Check out the FAQ here http://www.virginia.edu/provost/vastatus/faq.html and see if you can somehow finagle a way for your son to be an in-state resident after a year or two. The cost difference will then wash out. UVA is a much better school than Miami. Nobody would have known anything about The U ...
by simplesimon
Thu Apr 14, 2016 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: disability insurance: do I really need it?
Replies: 53
Views: 3757

Re: disability insurance: do I really need it?

I'd get it.

Would you rather have a $90k job with no income protection for something that is completely out of your control or an $88k job where you'd get paid for being unable to work because of a disability?
by simplesimon
Sat Apr 09, 2016 11:13 am
Forum: Personal Finance (Not Investing)
Topic: How to get my 29 year old sister into saving....("I don't have any money to save")
Replies: 58
Views: 4903

Re: How to get my 29 year old sister into saving....("I don't have any money to save")

My younger brother is 26 and doesn't make a lot of money. I check in every so often and remind him to save 10% of his pay, no matter how little it is. I concluded years ago that this is the most I can really do without adding more stress to my own life. I partly disagree with others about it not bei...
by simplesimon
Sat Apr 09, 2016 10:51 am
Forum: Personal Consumer Issues
Topic: I'm willing to pay them whatever they want!
Replies: 66
Views: 7263

Re: I'm willing to pay them whatever they want!

Paying extra for made-to-measure formal business clothes. Outside of work I look like a bum.

Good restaurants.
by simplesimon
Wed Mar 30, 2016 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Job in Mountain View, CA
Replies: 21
Views: 2339

Re: Job in Mountain View, CA

You may need to be more specific. There are people everywhere. What can you afford to pay?

What other priorities do you have? School districts? Something closer to a downtown type of area or further away?
by simplesimon
Tue Mar 29, 2016 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Wealthfront Tax loss harvesting
Replies: 15
Views: 1220

Re: Wealthfront Tax loss harvesting

Wealthfront claims that their daily TLH is more efficient than yearly harvesting. The max you can deduct in taxes is $3000. If I'm already hitting the $3000 ceiling on TLH doing it at the end of the year, is there an additional benefit that daily TLH can give me that would justify a 0.25% fee? Yes....
by simplesimon
Fri Mar 25, 2016 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Liking the new Citi CC at Costco
Replies: 69
Views: 16491

Re: Liking the new Citi CC at Costco

I agree that the rewards don't seem exceptional because the big points are on purchases that make up a small proportion of my spending. If I had to choose one card, a 2% flat cash back card would give me more cash back than the Costco card would. Does anybody really use a single card for everything ...
by simplesimon
Fri Mar 25, 2016 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Is Term Life Insurance actually a good idea?
Replies: 26
Views: 1920

Re: Is Term Life Insurance actually a good idea?

Long-term disability is also important if you have dependents. Unfortunately it is much more expensive than term life. But you can pay into these insurance policies (term life, disability, etc) for years / decades, which means your boglehead portfolio ends up smaller. Then the great recession hits,...
by simplesimon
Wed Mar 23, 2016 8:26 pm
Forum: Investing - Theory, News & General
Topic: Misleading article about investing club on CNN Money
Replies: 18
Views: 2004

Re: Misleading article about investing club on CNN Money

The quality of CNN Money's writing has gone down considerably over the years. The article does state: Some CNNMoney readers point out that if the club had reinvested all of its dividends over the years, it could have amassed nearly $4 million. But the club is educational and often uses the money fro...
by simplesimon
Wed Mar 23, 2016 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Financially, how have you done/doing vs. your parents?
Replies: 134
Views: 10226

Re: Financially, how have you done/doing vs. your parents?

My parents are immigrants and moved to the U.S. when they were in their early 20's in 1980. My father is the hardest working person I know having worked two full-time blue collar jobs for most of my life and is hopefully retiring at the end of this year. My mother went from office assistant to SAHM ...
by simplesimon
Wed Mar 16, 2016 3:28 pm
Forum: Personal Consumer Issues
Topic: Bread - The Cost and Convenience
Replies: 94
Views: 8720

Re: Bread - The Cost and Convenience

Bread dough was hard to shape and work with (really sticky and gooey) but it turned out surprisingly good. It is a bit flat, like a chibata, but it has a decent crust and decent hole/crumb look and chew. It is really good for not knowing what I was doing. I will definitely make it again. Give it a ...
by simplesimon
Tue Mar 15, 2016 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Term life insurance at age 65 as investment?
Replies: 33
Views: 1710

Re: Term life insurance at age 65 as investment?

Okay, it's a dumb idea. Now I need to convince my wife of that.... Tell her you should buy the policy on her instead so you can have $100K if she dies, and see how she likes it. Well, since both her mother and father are still living at 89 and 87 respectively (with no real health issues except elde...
by simplesimon
Sat Mar 12, 2016 10:29 pm
Forum: Investing - Theory, News & General
Topic: Are we in a bubble?
Replies: 38
Views: 5133

Re: Are we in a bubble?

When a Chinese firm offers to buy a hotel group for 7% more than what the seller paid for it three months ago....I would say so.

http://www.latimes.com/business/la-fi-b ... story.html
by simplesimon
Sat Mar 12, 2016 7:27 pm
Forum: Personal Consumer Issues
Topic: Bread - The Cost and Convenience
Replies: 94
Views: 8720

Re: Bread - The Cost and Convenience

I'm currently trying the NYT recipe for the first time because of this thread.
by simplesimon
Mon Mar 07, 2016 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: 3% down vs 20% down math
Replies: 9
Views: 1164

Re: 3% down vs 20% down math

Thanks, a good way to put it. I guess I was completely overlooking the basic time value of money concept.
by simplesimon
Mon Mar 07, 2016 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: 3% down vs 20% down math
Replies: 9
Views: 1164

Re: 3% down vs 20% down math

I see how you calculated 6.68%...

But the way I see harikaried calculate it was taking the difference between total payments over the life of the two loans.

What's the difference between the two methods? Mortgage style interest vs. simple compound interest? What's the right way to think about it?
by simplesimon
Mon Mar 07, 2016 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Private vs public school in bay area
Replies: 12
Views: 1772

Re: Private vs public school in bay area

Raise your kid like an Asian family would.
by simplesimon
Mon Mar 07, 2016 11:11 am
Forum: Personal Finance (Not Investing)
Topic: 3% down vs 20% down math
Replies: 9
Views: 1164

Re: 3% down vs 20% down math

Oh of course...brain fart like I said. Thanks!
by simplesimon
Mon Mar 07, 2016 10:32 am
Forum: Personal Finance (Not Investing)
Topic: 3% down vs 20% down math
Replies: 9
Views: 1164

Re: 3% down vs 20% down math

My numbers match the first half of the amortization table. I don't know what the second half is (the one showing $787 for payments).
by simplesimon
Mon Mar 07, 2016 10:18 am
Forum: Personal Finance (Not Investing)
Topic: 3% down vs 20% down math
Replies: 9
Views: 1164

3% down vs 20% down math

I think I'm having a brain fart. A friend of mine is considering getting a 3% down and no PMI mortgage and I'm trying to run the math on why interest would eat up the savings. I don't know how much various fees are but let's just assume this: Home value: $400,000 3% down payment: $12,000, 30-year lo...
by simplesimon
Sun Mar 06, 2016 8:11 am
Forum: Investing - Help with Personal Investments
Topic: The difference between interest/ dividends and market fluctuation ?
Replies: 4
Views: 412

Re: The difference between interest/ dividends and market fluctuation ?

Market fluctuation is how your investments moved based on price alone. Dividends are payments a company makes to its stockholders and would correspond to an equal drop in stock price. If a $100 stock paid a $2 dividend, it would be worth $98 right after the dividend assuming nothing else changes. Di...
by simplesimon
Sat Mar 05, 2016 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Disability insurance comparison
Replies: 2
Views: 235

Re: Disability insurance comparison

Assuming the optional riders (if any) are comparable, for an extra $200 the Guardian policy is a no-brainer. Principal isn't going to remove the rating and extend the benefit period on the existing policy, they are going to require a brand new application to start over from scratch, and the new rat...
by simplesimon
Sat Mar 05, 2016 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Disability insurance comparison
Replies: 2
Views: 235

Disability insurance comparison

I'm seeking feedback for two policies I'm helping someone shop for. They seem very similar except for a couple things... Both insurance policies, one from Principal and one from Berkshire, have: Benefit Period: 5 years Elimination Period: 90 days Monthly benefit: $5,000 50% rating Principal offers a...
by simplesimon
Fri Mar 04, 2016 6:34 pm
Forum: Personal Consumer Issues
Topic: Cast Iron Frying Pans
Replies: 71
Views: 6558

Re: Cast Iron Frying Pans

My wife got me a quite large double-sided rectangular Lodge pan that I haven't really used much (because it's so big), but I really want to get a skillet. I just need to figure out what size I need. My intention is to use it to (among other things) sear my steaks after I've cooked them sous vide. C...
by simplesimon
Fri Mar 04, 2016 3:15 pm
Forum: Personal Consumer Issues
Topic: Cast Iron Frying Pans
Replies: 71
Views: 6558

Re: Cast Iron Frying Pans

I enjoy using my 12" Lodge cast iron skillet. It was one of the only things I cooked on while I was in grad school 5 years ago. Requires pretty minimal maintenance - I scrub it with this scrubber thing and hot water. I can't get it to be 100% non stick, but its pretty close. The other pan I use...
by simplesimon
Thu Feb 25, 2016 10:48 am
Forum: Personal Finance (Not Investing)
Topic: TaxAct 2015
Replies: 52
Views: 5750

Re: TaxAct 2015

TaxAct Online Version has been pretty frustrating to me. Interview mode keeps glitching and sending me back to the main page. I have had to go back through the interview mode and find my way back at least 20 times in the past day, making a 1-2 hour process take more than twice as long. If this is i...
by simplesimon
Tue Feb 23, 2016 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Resource for pensions (public and private)
Replies: 1
Views: 208

Resource for pensions (public and private)

I'm looking for a resource or a Boglehead that is familiar with CalPERS or private pensions or both to help me figure out how to optimize health plans, work credits, and retirement for my parents who don't have great reading comprehension so I'm having issues trying to figure out what's best for the...
by simplesimon
Tue Feb 23, 2016 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone stick to a Budget such as YNAB?
Replies: 25
Views: 2040

Re: Does anyone stick to a Budget such as YNAB?

I bought the standalone version of YNAB two months ago and like it so far.

Why did you get bored of it?
by simplesimon
Fri Feb 19, 2016 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: VTI vs Starting my own REIT
Replies: 52
Views: 4224

Re: VTI vs Starting my own REIT

I doubt you will be able to qualify for a loan in the first place.

Young and single - moving out of the USA isn't a bad idea if your situation is as bad as it sounds.
by simplesimon
Fri Feb 19, 2016 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Engagement Ring Saving
Replies: 68
Views: 4888

Re: Engagement Ring Saving

Are you okay with the possibility of having to buy a lesser ring if the markets don't behave the way you wish it will?
by simplesimon
Wed Feb 10, 2016 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Eliminating disability riders
Replies: 2
Views: 223

Re: Eliminating disability riders

Averages don't work well in assessing your own particular situation. Insurance is best for worst-case scenarios. $1,000/year doesn't seem like much considering the amount of coverage and guaranteed premium. Of course, go for it if you're less risk averse.
by simplesimon
Thu Jan 28, 2016 2:20 pm
Forum: Personal Consumer Issues
Topic: Do you pay for exercise?
Replies: 222
Views: 13944

Re: Do you pay for exercise?

It doesn't take superior genetics for someone to eat less calories than they burn per day. Spoken like someone that has not had a tough time losing weight. It isn't that simple for some. Ah this is not true - I am 6'3" and I was around 300lbs (30-40% body fat) and suffered from high blood pres...
by simplesimon
Thu Jan 28, 2016 10:45 am
Forum: Personal Consumer Issues
Topic: Do you pay for exercise?
Replies: 222
Views: 13944

Re: Do you pay for exercise?

Well, I compete in bodybuilding, so I really wouldn't care about their performance. Why would someone who wants to get leaner or build muscle care about performance? Not everyone wants to do crossfit. Bodybuilding has nothing to do with fitness. But then again, this thread started as a question abo...
by simplesimon
Tue Jan 26, 2016 11:43 am
Forum: Personal Consumer Issues
Topic: Do you pay for exercise?
Replies: 222
Views: 13944

Re: Do you pay for exercise?

I don't understand the PF business model. How are they able to undercut their competitors by 75-80%? They still have the same overhead, and as you say it's not like their places are dumpy. They're pretty nice. I realize all gyms rely on members who don't use the facilities, but what allows PF to do...
by simplesimon
Mon Jan 25, 2016 2:14 pm
Forum: Personal Consumer Issues
Topic: Do you pay for exercise?
Replies: 222
Views: 13944

Re: Do you pay for exercise?

I pay $80/month for a gym across the street from work in downtown. The locker rooms and showers are clean and I go 3x/week during lunch. My philosophy is the gym needs to be either close to work or close to home for me to be able to stay disciplined enough to go. I rent an apartment with no room for...
by simplesimon
Thu Jan 21, 2016 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct Plus Federal + State - $15!!
Replies: 32
Views: 3499

Re: TaxAct Plus Federal + State - $15!!

I had also contacted TaxAct about this. They just emailed me back saying that they "did not see that I was registered via this promotion" but gave me the reduced pricing as a courtesy. Sounds like the promotion's intended for new accounts.
by simplesimon
Wed Jan 20, 2016 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct Plus Federal + State - $15!!
Replies: 32
Views: 3499

Re: TaxAct Plus Federal + State - $15!!

Is this for new customers? Because I signed in and it says $14.99 for "TaxAct Plus" and that state is an additional $14.99.
by simplesimon
Wed Jan 06, 2016 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: WSJ Article: Why the redskins players are so frugal?
Replies: 22
Views: 2839

Re: WSJ Article: Why the redskins players are so frugal?

http://www.spotrac.com/nfl/washington-r ... -earnings/

For contract and cash earnings details.

Looking up apartments on Craigslist for the Ashburn, VA area (where the facility is located, according to Wiki), a 2BR will be around $1,500/month...$750/month with a roommate! :D
by simplesimon
Wed Jan 06, 2016 9:16 am
Forum: Personal Finance (Not Investing)
Topic: WSJ Article: Why the redskins players are so frugal?
Replies: 22
Views: 2839

Re: WSJ Article: Why the redskins players are so frugal?

Hopefully they're maxing their 401K's.
by simplesimon
Wed Jan 06, 2016 8:32 am
Forum: Personal Finance (Not Investing)
Topic: WSJ Article: Why the redskins players are so frugal?
Replies: 22
Views: 2839

Re: WSJ Article: Why the redskins players are so frugal?

They're aware that their playing careers can end at any time.

Kirk Cousins carried my fantasy team to the championship when Andy Dalton went down, so I'm happy to see this!
by simplesimon
Sat Jan 02, 2016 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Engaged...So how do we handle finances now?
Replies: 40
Views: 3806

Re: Engaged...So how do we handle finances now?

Congratulations on the engagement! My fiancée and I split almost all expenses. I track them and she cuts me a check at the end of each month. We do a financial review of all our assets monthly, but don't technically mix money. We will get a joint checking account after we are married.
by simplesimon
Fri Jan 01, 2016 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Roll Call for Tax-Loss Harvesting Class of 2015
Replies: 62
Views: 2628

Re: Roll Call for Tax-Loss Harvesting Class of 2015

Artsdoctor wrote:Definitely. I sold Total International in August to buy FTSE All-World ex-US, and then sold FTSE back into Total International in December.


+1

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