Search found 125 matches

by stimulacra
Thu Jan 18, 2018 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Exit strategy for bitcoin
Replies: 62
Views: 3962

Re: Exit strategy for bitcoin

Another option is to buy and read Devil Take the Hindmost: A History of Financial Speculation by Chancellor. It is a very interesting read. Speculation is nothing new, but my guess is you aren't going to get a lot of support for bitcoin or crypto on this forum. Thanks for the recommendation. Added ...
by stimulacra
Thu Jan 18, 2018 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Exit strategy for bitcoin
Replies: 62
Views: 3962

Re: Exit strategy for bitcoin

If owning bitcoin to diversify your asset allocation… Buying Bitcoin(or similar) is not diversifying your portfolio anymore than buying lottery tickets would be. Not bitcoin specifically but doesn't cryptocurrency as a whole have the potential to be a new non-correlated asset class that might be wo...
by stimulacra
Thu Jan 18, 2018 1:02 am
Forum: Investing - Help with Personal Investments
Topic: Exit strategy for bitcoin
Replies: 62
Views: 3962

Re: Exit strategy for bitcoin

If owning bitcoin to diversify your asset allocation… it might make sense to diversify across 5-10 different cryptocurrencies. I'm not sure if bitcoin is here to stay but do think crypto/blockchain will be…  I'm considering a 1% allocation at some point after a major price correction (thinking 80-90...
by stimulacra
Mon Jan 15, 2018 5:15 pm
Forum: Personal Consumer Issues
Topic: Budget multitool knife
Replies: 28
Views: 3199

Re: Budget multitool knife

Leatherman or Victorinox all the way…  One thing I just noticed recently. Lost a couple of Victorinox multitools last year (Compact and One Hand Forester) and have been meaning to replace them but it seems like the prices have definitely crept up above and beyond what inflation would normally dictat...
by stimulacra
Sat Jan 13, 2018 2:02 pm
Forum: Personal Consumer Issues
Topic: Men's MUST iron dress shirt recommendations
Replies: 37
Views: 2261

Re: Men's MUST iron dress shirt recommendations

I was a huge fan of Brooks Brothers “must iron” Supima oxford cotton button down (OCBD) shirts [...] I'm also on the look out for a new source of oxford button downs. Definitely try Mercer and Sons. Everything Brooks' OCBDs used to be, and better. How do you size them compared to BB? Also with BB's...
by stimulacra
Sat Jan 13, 2018 1:47 pm
Forum: Personal Consumer Issues
Topic: Car people: 2014 E63 AMG or 2018 E400 wagon??
Replies: 63
Views: 3049

Re: Car people: 2014 E63 AMG or 2018 E400 wagon??

I adore the concept of a performance european sports wagon but 99% of people on the road will view it as a station wagon period. Seems like a high premium to pay to impress a few automotive cognoscenti. Buying a car to impress people you don't know is a fool's errand. Who cares what everyone else t...
by stimulacra
Fri Jan 12, 2018 12:00 pm
Forum: Personal Consumer Issues
Topic: Car people: 2014 E63 AMG or 2018 E400 wagon??
Replies: 63
Views: 3049

Re: Car people: 2014 E63 AMG or 2018 E400 wagon??

The 2018 wagon. I wouldn't own an AMG out of warranty… my dad owns a 2014 SL 63 and the depreciation it's taken has given me pause…   I adore the concept of a performance european sports wagon but 99% of people on the road will view it as a station wagon period. Seems like a high premium to pay to i...
by stimulacra
Fri Jan 12, 2018 11:44 am
Forum: Personal Consumer Issues
Topic: Men's MUST iron dress shirt recommendations
Replies: 37
Views: 2261

Re: Men's MUST iron dress shirt recommendations

I was a huge fan of Brooks Brothers “must iron” Supima oxford cotton button down (OCBD) shirts before they hiked the pice to $140 and removed the pocket. I still buy them on sale (2-3 times a year) but don't find them a particularly good value day to day. If there's a Brooks Brothers near you, ask t...
by stimulacra
Wed Jan 10, 2018 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on investing in Bond Funds
Replies: 6
Views: 526

Re: Thoughts on investing in Bond Funds

Cherry picking dates in the below graphic but it shows a 10 year period where bonds outperformed stocks. You never know when there will be another “lost decade”. I'm 30% bonds because it lets me sleep at night regardless of what happens in the market and allows me to contribute new money each week. ...
by stimulacra
Mon Jan 01, 2018 4:16 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 222
Views: 37322

Re: Bonds - Throw it all on the table!!!

IRA Bond (desired allocation): - 1/3 VBTLX: Vanguard Total Bond Market Admiral Shares - 1/3 VICSX: Vanguard Intermediate Term Corporate Bond Admiral Shares - 1/3 VIPSX: Vanguard Inflation Protected Securities Investor Shares Bonds make up 30% of my total allocation so I try to keep each fund at arou...
by stimulacra
Sun Dec 31, 2017 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: So, how was the year ? Gains made and Lessons learnt ?
Replies: 75
Views: 6802

Re: So, how was the year ? Gains made and Lessons learnt ?

how are most people calculating returns including contributions? Kind of surprised at how high some of these are given bond allocations of 20-30%... VT total return was ~24%, but that assumes no contributions. contributions throughout the year would decrease that number, as VT rose consistently thr...
by stimulacra
Sat Dec 30, 2017 10:31 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1728
Views: 305074

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

Looking to lock in 18% rate of return for 2017.

65% stocks / 30% bonds / 5% gold
by stimulacra
Fri Dec 29, 2017 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: So, how was the year ? Gains made and Lessons learnt ?
Replies: 75
Views: 6802

Re: So, how was the year ? Gains made and Lessons learnt ?

2017 was overall a pretty good year. Rate of return is looking to be around 18% and I've been moving towards 30% bond allocation in my retirement funds. Main goal for 2018 is to treat my career like an investment portfolio. Going to do a complete reassessment and retread on some skillsets. Main deci...
by stimulacra
Fri Dec 29, 2017 3:58 pm
Forum: Personal Consumer Issues
Topic: Buying a car advice - what's new since 1994?
Replies: 43
Views: 3144

Re: Buying a car advice - what's new since 1994?

Outside the U.S. Mercedes E-class are popular as taxis, especially the diesel versions. Seems like the ones used for fleet service are a couple of notches below the most base version they import in the U.S (cloth seats/hard plastics). Might be a viable option if you're looking for well sorted middle...
by stimulacra
Fri Dec 29, 2017 1:00 pm
Forum: Personal Consumer Issues
Topic: Buying a car advice - what's new since 1994?
Replies: 43
Views: 3144

Re: Buying a car advice - what's new since 1994?

Seems like the Chevy Impala (2013) was the last appearance of front bench seats in a 4 door sedan. A decent example (2012 with cloth seats) below: https://www.carfax.com/vehicle/2G1WB5E32C1243041 The recently discontinued Chevy SS is a bit of a throwback model that might be up your alley: Front engi...
by stimulacra
Tue Dec 19, 2017 11:41 pm
Forum: Personal Consumer Issues
Topic: New Car; Maintenance
Replies: 30
Views: 1967

Re: New Car; Maintenance

I always use the parking brake. If the parking pawl fails, it acts as a backup. I always use the recommend fuel for my car and try to use “top tier” fuel as well, they have detergents and additives proven to keep modern engines cleaner. Wash the car at least once a month and wax it once a quarter, c...
by stimulacra
Sat Dec 16, 2017 9:51 am
Forum: Personal Consumer Issues
Topic: Apple Watch - which case for my wife?
Replies: 7
Views: 525

Re: Apple Watch - which case for my wife?

I would lean towards stainless steel because of the sapphire crystal for the face on the stainless version is extremely scratch resistant (I think only diamond can easily scratch it) versus the glass face on the sport version which can be scratched by a masonry drill bit. If she specifically likes t...
by stimulacra
Tue Dec 12, 2017 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Received promotion offer at work and trying to negotiate the pay increase portion.
Replies: 31
Views: 2447

Re: Received promotion offer at work and trying to negotiate the pay increase portion.

Yeah, gonna take the offer and focus my attention and energy elsewhere.

Thank you everyone for your advice and outside perspective. It's been helpful and reassuring.
by stimulacra
Tue Dec 12, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Received promotion offer at work and trying to negotiate the pay increase portion.
Replies: 31
Views: 2447

Re: Received promotion offer at work and trying to negotiate the pay increase portion.

Update: Direct manager met with me 1 on 1 with a long laundry list of areas I could improve on; perceived lack of enthusiasm recently on current projects, managing expectations, etc… most of the items appeared to be fished out from my coworkers so I feel like it's a bit manufactured to lay some grou...
by stimulacra
Tue Dec 05, 2017 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Received promotion offer at work and trying to negotiate the pay increase portion.
Replies: 31
Views: 2447

Re: Received promotion offer at work and trying to negotiate the pay increase portion.

I agree with the last post. Accept job- then look for alternative better offers. BATNA is the only real way to negotiate. Make sure you are in a better position always before negotiating. Ok, there might be a gap in my understanding of BATNA… If one is able to determine one's Best Alternative to a ...
by stimulacra
Tue Dec 05, 2017 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Received promotion offer at work and trying to negotiate the pay increase portion.
Replies: 31
Views: 2447

Re: Received promotion offer at work and trying to negotiate the pay increase portion.

OP, Also, I forgot to ask, is the 4% increase going to be considered your raise or is this an off cycle increase? You could get 4% and then get another 4% or so in the next few months. All things you need to get clarified. There's a departmental merit increase (I'm guessing 2% or so) that I just mi...
by stimulacra
Tue Dec 05, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Received promotion offer at work and trying to negotiate the pay increase portion.
Replies: 31
Views: 2447

Re: Received promotion offer at work and trying to negotiate the pay increase portion.

This is my first time dealing with multi-party negotiations and a lot of the information is pretty opaque to me. Thank you everyone for the responses. You mention increased expenses and a need for more money. It’s very difficult to get significant increases at the same company even with promotions....
by stimulacra
Tue Dec 05, 2017 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Received promotion offer at work and trying to negotiate the pay increase portion.
Replies: 31
Views: 2447

Re: Received promotion offer at work and trying to negotiate the pay increase portion.

Title change with some additional responsibilities. My weekly hours should not change dramatically if at all. The recent outside offers have already been filled with people I know but the line of communication is still open for future opportunities. Declining the current promotion offer might be vie...
by stimulacra
Tue Dec 05, 2017 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Received promotion offer at work and trying to negotiate the pay increase portion.
Replies: 31
Views: 2447

Re: Received promotion offer at work and trying to negotiate the pay increase portion.

In my experience, I know that using outside competing offers has seldom ended well. Also it's not really my style.
by stimulacra
Tue Dec 05, 2017 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Received promotion offer at work and trying to negotiate the pay increase portion.
Replies: 31
Views: 2447

Re: Received promotion offer at work and trying to negotiate the pay increase portion.

Regarding BATNA: I know that I can receive 20% above what I am making now, although my current position allows for better work-life balance and a higher degree of flex time for family things. My mental floor is 7-8% bump in base pay. I asked for 10-15% as a range. The bonus will be nice but I've rec...
by stimulacra
Tue Dec 05, 2017 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Received promotion offer at work and trying to negotiate the pay increase portion.
Replies: 31
Views: 2447

Received promotion offer at work and trying to negotiate the pay increase portion.

Been at my current employer for about two years now. There was a recent reshuffling of staff at work and I got bumped up a rung to backfill an opening. With the promotion I'll be in the next pay grade up but my base salary only increases by 4% although I now qualify for a discretionary performance b...
by stimulacra
Tue Nov 28, 2017 10:43 am
Forum: Personal Consumer Issues
Topic: How Do You Stay Current With Music?
Replies: 111
Views: 5452

Re: How Do You Stay Current With Popular Music?

Think I read somewhere that for the average person, our musical tastes gets set at age 33, after which point we no longer actively seek new music, just variations of the things we love. Spotify, the music subscription service, more or less verified this fact in the book Hitmakers. I'm on Spotify and...
by stimulacra
Mon Nov 27, 2017 7:33 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio's All Weather Porfolio
Replies: 7
Views: 1184

Re: Ray Dalio's All Weather Porfolio

Commodity prices on Portfolio Visualizer only goes back to 2007. I instead entered 7.5 for Gold and Precious Metals and got 9.55% CAGR dating back from 1985. Not sure what's listed in Tony Robbins' book but do suspect that the actual All Weather portfolio has a lot of leverage applied to the bonds p...
by stimulacra
Sun Nov 19, 2017 11:20 am
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 9967

Re: Thoughts about wearing a "uniform"/same thing everyday?

An Australian morning news anchor wanted to explore the double standard between how men and women were judged based on their clothing. With a few exceptions (for dry cleaning) he wore the exact same suit every day for a year, changing out only the shirt and tie. https://youtu.be/f4it1k5OP9Q No one n...
by stimulacra
Sat Nov 18, 2017 9:59 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 9967

Re: Thoughts about wearing a "uniform"/same thing everyday?

It's a popular career hack now, to essentially wear a personal uniform (10-12 copies of each clothing item). Steve Jobs, Mark Zuckerberg, Christopher Nolan are all well known for doing this. Business casual in the contemporary office is a cognitive nightmare in that you can waste 15-20 minutes at th...
by stimulacra
Thu Nov 16, 2017 3:07 pm
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 108
Views: 9153

Re: Has used furniture dropped in value dramatically?

I check out estate sales for fun every couple of months. You can get really nice furniture for 10% - 15% of what an equivalent would cost new. There's almost no reason to buy middle of the road furniture new at a department store or furniture store. The only thing I would buy new would be IKEA furni...
by stimulacra
Tue Nov 14, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Open Enrollment at work; they split the HSA into two options now
Replies: 4
Views: 988

Re: Open Enrollment at work; they split the HSA into two options now

Thank you everyone for the response.

Yes the employer match amount is annual, not monthly contribution.

I'm leaning towards the Choice HSA now. Need to check out some other items before the deadline of Dec 1.

Thanks again.
by stimulacra
Tue Nov 14, 2017 3:06 am
Forum: Personal Finance (Not Investing)
Topic: Open Enrollment at work; they split the HSA into two options now
Replies: 4
Views: 988

Open Enrollment at work; they split the HSA into two options now

Had an HSA at work that's worked out pretty well and now for 2018 it looks like they split it into two options. Saver HSA Company contribution (individual/family): $600 / $1,200 Preventative care: $0 with no deductible Deductible (individual/family): $3,500 / $7,000 Out-of-pocket maximum (individual...
by stimulacra
Fri Oct 27, 2017 12:17 pm
Forum: Investing - Theory, News & General
Topic: 91, 01, 09. Then 19? [Year for next market crash]
Replies: 27
Views: 2729

Re: 91, 01, 09. Then 19?

One of my favorite scenes from Margin Call (Starts at 1:34)

https://youtu.be/LtFyP0qy9XU?t=1m34s

Good luck timing the market OP.
by stimulacra
Wed Oct 25, 2017 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Should I put all bonds in our IRAs?
Replies: 5
Views: 562

Re: Should I put all bonds in our IRAs?

Mostly curious, how would you rebalance between accounts?

I guess directing new cash flow to one versus the other is one way to rebalance but could take a while…

If my retirement portfolio consisted of bonds in the Roth IRA and equities in the TIRA, how would I have rebalanced say in 2009 or 2010?
by stimulacra
Mon Oct 23, 2017 5:40 pm
Forum: Personal Consumer Issues
Topic: Pant Recommendations (Business Casual)
Replies: 42
Views: 2986

Re: Pant Recommendations (Business Casual)

I alternate between brooks brothers and costco kirkland pants, in a corporate environment. I'm young and do wear pleated pants which I've always viewed as a conservative look, compared to the guy I used to work with who had tight unpleated pants on which showed off his you know what. Are pleated pa...
by stimulacra
Mon Oct 23, 2017 1:39 pm
Forum: Personal Consumer Issues
Topic: Pant Recommendations (Business Casual)
Replies: 42
Views: 2986

Re: Pant Recommendations (Business Casual)

Check out Jcrew's Bowery pants, they're flat front and hang on your hips. Catch them on sale for around $60-70. Pleated slacks are a valid option and serve a functional purpose but you have to realize they sit at your natural waistline. The problem is that dockers, and khakis from the Gap killed ple...
by stimulacra
Tue Oct 17, 2017 10:33 am
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 68
Views: 7694

Re: Vanguard expects "decent sized correction" soon

Clickbait article…

The only meaningful quote they're hanging their whole premise on:

“We expect there could be a decent-sized correction at some point,”

I've gotten fortune cookies that were less vague.
by stimulacra
Thu Oct 12, 2017 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Think I goofed on a recent HSA transaction
Replies: 5
Views: 691

Think I goofed on a recent HSA transaction

Had some dental work done. I told the dentist to submit the claim to my insurance company and I would pay whatever the remaining balance was with my HSA debit card. He suggested it might be easier if I paid the balance that day in his office and submit the reimbursement paperwork (which he had pre-p...
by stimulacra
Thu Oct 12, 2017 10:41 am
Forum: Investing - Theory, News & General
Topic: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston
Replies: 35
Views: 6638

Re: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston

I live in Houston and currently rent. Was previously a homeowner. I no longer view home ownership as a means to financial independence or even as a life milestone. I've seen too many people lose a lot of home equity making panic moves. There's a lot of mixed feelings on this debate, some people wan...
by stimulacra
Thu Oct 12, 2017 9:50 am
Forum: Investing - Theory, News & General
Topic: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston
Replies: 35
Views: 6638

Re: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston

I live in Houston and currently rent. Was previously a homeowner. I no longer view home ownership as a means to financial independence or even as a life milestone. I've seen too many people lose a lot of home equity making panic moves. There's a lot of mixed feelings on this debate, some people want...
by stimulacra
Thu Oct 12, 2017 9:26 am
Forum: Investing - Theory, News & General
Topic: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston
Replies: 35
Views: 6638

With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston

Read this on Bloomberg today.
https://bloom.bg/2wPCcnF

For house poor homeowners without flood insurance, many are facing grim choices. Not sure if they would benefit by waiting or cutting their losses now. Selling your primary asset at a 60% discount is a huge setback for any family.
by stimulacra
Tue Oct 10, 2017 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Growing old without kids or younger caring relatives
Replies: 106
Views: 20461

Re: Growing old without kids or younger caring relatives

Saw this article on The New Yorker about professional guardians who systemically strip the elderly of their civil rights and assets. That is the article that lead me to revive this thread. I sent it to all my aging friends and it certainly got their attention! Sorry my bad. Yeah I read it and it ga...
by stimulacra
Tue Oct 10, 2017 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Growing old without kids or younger caring relatives
Replies: 106
Views: 20461

Re: Growing old without kids or younger caring relatives

Saw this article on The New Yorker about professional guardians who systemically strip the elderly of their civil rights and assets. How the Elderly Lose Their Rights Guardians can sell the assets and control the lives of senior citizens without their consent—and reap a profit from it. http://bit.ly...
by stimulacra
Thu Oct 05, 2017 12:01 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1728
Views: 305074

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

Up 13.5%. 70% stocks, 25% bonds, 5% gold.
by stimulacra
Mon Oct 02, 2017 10:35 pm
Forum: Personal Consumer Issues
Topic: Travel camera reviews of what you own and why?
Replies: 25
Views: 1840

Re: Travel camera reviews of what you own and why?

FujiFilm X100T (purchased in 2014) 35 mm equivalent f/2 lens I bought it because it was compact, had a nice retro rangefinder look and all primary controls were mechanical in nature (had a nice tactile feel). There's a decent amount of third party accessories to help customize the camera to your spe...
by stimulacra
Wed Sep 27, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Can I have 2 HSA accounts
Replies: 18
Views: 2132

Re: Can I have 2 HSA accounts

I have two HSA accounts (HSA Bank and Health Savings Administrators). At work I transitioned from one HDHP to another, each serviced by a different HSA vendor. I kept my Health Savings Administrators account since it had access to some Vanguard funds I prefer. My current HSA is more of a deductible ...
by stimulacra
Thu Sep 21, 2017 12:15 pm
Forum: Personal Consumer Issues
Topic: Hurricane Harvey has me rethinking my approach to disaster preparations
Replies: 72
Views: 7015

Re: Hurricane Harvey has me rethinking my approach to disaster preparations

Was listening to local news radio today on the drive in. An interesting cautionary tale about home buying during hurricane season. One individual just bought a house right before Harvey hit and his previous home was still under contract. Both homes were lost were lost in the storm and neither had fl...
by stimulacra
Tue Sep 19, 2017 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 27287

Re: Calling out the not so rich bogleheads

I'm 39, divorced, and have about 2X salary saved up. Left side of the Boglehead bell curve for sure but I feel better prepared than non-bogleheads and making progress every month thanks to this site.