Search found 119 matches

by taguscove
Sun Feb 18, 2018 11:14 pm
Forum: Investing - Theory, News & General
Topic: Old 401k Statements
Replies: 9
Views: 792

Re: Old 401k Statements

No, all that matters is the current balance

[edited to remove content]
by taguscove
Sun Feb 18, 2018 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: The CFA Designation
Replies: 28
Views: 3156

Re: The CFA Designation

[edited to remove content]
by taguscove
Sun Feb 18, 2018 10:43 pm
Forum: Personal Consumer Issues
Topic: Best place to buy contact lenses online
Replies: 7
Views: 627

Re: Best place to buy contact lenses online

Buy from a website based outside the United States. The pharmaceutical companies literally charge 3x the price to US pharmacies because United States is a high income country with very weak buyer power. My cousin is an executive in the pricing department of a major US contact brand, and USA is the d...
by taguscove
Sun Feb 18, 2018 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Ok, so I paid off my car...now what about auto insurance?
Replies: 7
Views: 1171

Re: Ok, so I paid off my car...now what about auto insurance?

Insurance is a form of lottery that pays off when you get into an accident. Check with a few insurance companies and understand the coverage rates. Buy if you expect your risk is higher than the coverage rate. For example, I've never been in an accident but know that I'm a worse than typical driver....
by taguscove
Thu Feb 15, 2018 12:48 am
Forum: Personal Consumer Issues
Topic: Used Chevy Volt - Which year should I look at?
Replies: 33
Views: 2484

Re: Used Chevy Volt - Which year should I look at?

Seems to me the person talking about end of life battery doesn't know what they're talking about. The battery life issue just doesn't exist with Volts. 2011-2013 leafs had the issue under extreme hit conditions. Volt running engine below 40 degrees is real. Battery range cut from 40 to 20 miles in c...
by taguscove
Wed Feb 14, 2018 1:26 pm
Forum: Personal Consumer Issues
Topic: Used Chevy Volt - Which year should I look at?
Replies: 33
Views: 2484

Re: Used Chevy Volt - Which year should I look at?

I own a 2014 Chevy Volt base and love it. I can't imagine returning to a conventional car after owning one. The 0-30 mph responsiveness is really a great driving experience. You really can't go wrong with any year. Just find the best value for your price range. Used volts have held up well, unlike N...
by taguscove
Sun Feb 11, 2018 1:52 pm
Forum: Personal Consumer Issues
Topic: Flat tire replacement
Replies: 26
Views: 1287

Re: Flat tire replacement

Good advice from the mechanic. I recently had a similar situation and decided to replace all 4 at 25k miles, because the other tires were beginning to show dry rot. The auto manufacturers got rid of the spare tire for fuel economy and largely replaced them with tire inflators. I'm a big fan of the t...
by taguscove
Mon Feb 05, 2018 3:55 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14626

Re: Can't signon to Vanguard

Vanguard is apparently getting crushed by client traffic. Just received multiple 500 server errors. While this instance may not be a specific problem for you right now, the fact that Vanguard has issues handling client traffic should be a general concern.
by taguscove
Sun Feb 04, 2018 8:54 pm
Forum: Investing - Theory, News & General
Topic: Request perspective on career, life, and finance
Replies: 16
Views: 3414

Re: Request perspective on career, life, and finance

In my experience, large pay increases largely come from switching employers. In companies, managers have a hard time differentiating employee performance and raises tend towards mediocrity. Boston is a hot job market right now. I would look around for jobs. Your job growth desires sound really grand...
by taguscove
Sun Feb 04, 2018 8:22 pm
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15995

Re: Blood in the water- buying?

If you're looking for blood in the water situation, I would wait for a major geopolitical event. War in Korea, Indian Penninsula, general nuclear war, etc. Once the Dow goes to zero, it can only go up from there.
by taguscove
Sun Feb 04, 2018 8:17 pm
Forum: Investing - Theory, News & General
Topic: Recovering from a "draw down" on 7-10 year US Treasuries
Replies: 15
Views: 1404

Re: Recovering from a "draw down" on 7-10 year US Treasuries

Yes, duration is an ideal measure of interest rate risk. The main other risk of bonds is credit risk, which isn't an issue with sovereign bonds that can print their own money.
by taguscove
Fri Feb 02, 2018 11:00 pm
Forum: Investing - Theory, News & General
Topic: TSM believers, defend thyself! (In a good natured, friendly debate.)
Replies: 59
Views: 6451

Re: TSM believers, defend thyself! (In a good natured, friendly debate.)

Lol, the obvious TSM I am aware of is the professional League of Legends team Team Solomid. With over 20 million followers, they've established themselves as the top North American team through consistent play and split pushing effectiveness. However, TSM has floundered on the global stage against b...
by taguscove
Thu Jan 25, 2018 11:11 pm
Forum: Personal Consumer Issues
Topic: Machu Picchu and Galapagos in late March 2019
Replies: 29
Views: 1731

Re: Machu Picchu and Galapagos in late March 2019

My wife and I took a 2 month tour through South America in 2013. We did Galapagos first, then flew to Cusco. Galapagos is the single most impressive travel destination I have ever experienced in my life. Having wildlife walking up you to with curiosity and zero fear was .... wow. My wife really enjo...
by taguscove
Tue Jan 09, 2018 1:07 pm
Forum: Personal Consumer Issues
Topic: Car recommendations needed for growing family
Replies: 34
Views: 2111

Re: Car recommendations needed for growing family

Another vote for a minivan.

If you get a second car, I suggest an efficient and compact car like the Chevy Volt, Toyota Prius, Nissan Leaf, or really any compact sedan.
by taguscove
Thu Dec 07, 2017 11:59 am
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4669

Re: When Bitcoin blows-up

Bitcoin is blowing up today.

If you didn't buy Bitcoin earlier, you would have avoided the fallout. If you did buy earlier, you're now rich. I prefer the fallout.
by taguscove
Thu Dec 07, 2017 11:58 am
Forum: Personal Finance (Not Investing)
Topic: SSN on job applications
Replies: 33
Views: 1885

Re: SSN on job applications

Come on now, your social security number, your date of birth, your credit card number, your driver licence number, your place of birth, your home address, your cell phone number, etc, all this is out there for anyone to purchase for just a few bucks. Welcome to the information super highway, this t...
by taguscove
Fri Oct 13, 2017 5:40 pm
Forum: Investing - Theory, News & General
Topic: Gold ETF
Replies: 32
Views: 3646

Re: Gold ETF

Gold should be thought of as a currency that does particularly well during a market flight from risk. I find it amusing how most Bogleheads swear by diversifying their market risk position, yet keep their cash position completely undiversified in US dollars or dollar denominated instruments. GLD and...
by taguscove
Sun Oct 08, 2017 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: What do you do with your empty inkjet cartridges?
Replies: 22
Views: 1812

Re: What do you do with your empty inkjet cartridges?

Throw them in the trash; it's the American way. I used to hold things like cartridges and batteries for recycling, but the situation just cluttered the house and my attention. Now I stopped bothering and throw them in the trash.
by taguscove
Sun Oct 08, 2017 7:57 am
Forum: Personal Finance (Not Investing)
Topic: 3x gross income = house purchase price, should interest rate be taken into account?
Replies: 26
Views: 2494

Re: 3x gross income = house purchase price, should interest rate be taken into account?

I'm surprised that someone hasn't mentioned the little known but powerful "zero" rule. No home purchase allowed until you are retired, report zero income, and can pay for the house in cash! The level of conservatism I see on Bogleheads.org cracks me up :) 3x is fine but simplistic for all the reason...
by taguscove
Wed Sep 27, 2017 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 4452

Re: Tax saving strategies for DINKs

I'm in a similar situation. A W-2 income is a very simple and easy target to tax. Due to the simplicity of the taxation, such income is highly taxed with few options to avoid taxes. That said, you still have some options. 1. Buying a house with a mortgage is an impactful choice, but not in the time ...
by taguscove
Mon Sep 25, 2017 11:15 pm
Forum: Personal Consumer Issues
Topic: Comfort level re: tracking at physical shopping centers
Replies: 51
Views: 5347

Re: Comfort level re: tracking at physical shopping centers

Agreed that privacy is essentially dead. Five years from now, the main countermeasure will be to avoid internet connected device, urban centers, and other people who have internet connected devices. It's a sacrifice that I doubt many would choose. As of 18 months ago, machine learning algorithms (sp...
by taguscove
Sun Sep 24, 2017 9:33 pm
Forum: Personal Consumer Issues
Topic: Tipping question....Applebees
Replies: 87
Views: 7468

Re: Tipping question....Applebees

The main problem is that Americans still tip. Tipping is an antiquated and unnecessary step in the dining experience that adds zero value. It creates big disparities in pay between the front and back restaurant staff.
by taguscove
Fri Sep 22, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Age you retired
Replies: 112
Views: 9544

Re: Age you retired

Retired at 24. Almost any work out of college is a grind, and I took the chance to retire after receiving a substantial inheritance.
by taguscove
Fri Sep 22, 2017 9:01 pm
Forum: Personal Consumer Issues
Topic: Asking for no wedding gifts
Replies: 72
Views: 5085

Re: Asking for no wedding gifts

I'm with Gill. Cash only is not classy. There is a lot of etiquette involved with weddings. No gifts might even offend some people that want to give you a gift. There seems to be differing opinions. Maybe easiest to accept whatever gifts people give you and throw away the rest. Cash is pretty compa...
by taguscove
Fri Sep 22, 2017 8:54 pm
Forum: Personal Consumer Issues
Topic: Asking for no wedding gifts
Replies: 72
Views: 5085

Re: Asking for no wedding gifts

maybe "cash gifts required"????
by taguscove
Fri Sep 22, 2017 8:51 pm
Forum: Personal Consumer Issues
Topic: Asking for no wedding gifts
Replies: 72
Views: 5085

Re: Asking for no wedding gifts

Gill wrote:
Fri Sep 22, 2017 8:44 pm
taguscove wrote:
Fri Sep 22, 2017 8:40 pm
I suggest printing "cash gifts preferred" on the wedding invite or e-mailing separately.
:thumbsdown :thumbsdown :thumbsdown
Gill
troll reply
:thumbsdown :thumbsdown :thumbsdown
by taguscove
Fri Sep 22, 2017 8:40 pm
Forum: Personal Consumer Issues
Topic: Asking for no wedding gifts
Replies: 72
Views: 5085

Re: Asking for no wedding gifts

Giving gifts is embedded in American wedding culture. We were married this year, requested cash preferred, but still received many physical gifts. I suggest printing "cash gifts preferred" on the wedding invite or e-mailing separately. Any gifts you still receive can be donated or thrown away.
by taguscove
Thu Sep 21, 2017 3:01 pm
Forum: Personal Consumer Issues
Topic: Tenant wants to break contract. How much to pay an attorney?
Replies: 33
Views: 2663

Re: Tenant wants to break contract. How much to pay an attorney?

Find out the opposing counsel, and get one at least as reputable/expensive. Lawyer up, it's the American way.
by taguscove
Thu Sep 21, 2017 9:34 am
Forum: Personal Consumer Issues
Topic: How to deal with Amazon purchases with Mint.com??
Replies: 38
Views: 4775

Re: How to deal with Amazon purchases with Mint.com??

If you have prime, just buy each purchase individually and have it shipped separately. Nothing quite like a $1.50 item with an $8 shipping cost.
by taguscove
Wed Sep 20, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: Getting (young) kids interested in coding
Replies: 81
Views: 5740

Re: Getting (young) kids interested in coding

My parenting tips for a 6 year old: - Turn off the TV (and yes, that includes Youtube) - Send them outside to play Best idea yet. A counterpoint. I was playing over 8 hours of computer games through middle school and high school from 3-11PM daily. Didn't mix with other suburban kids and school was ...
by taguscove
Mon Sep 18, 2017 10:57 am
Forum: Personal Consumer Issues
Topic: Super Nintendo Classic edition
Replies: 21
Views: 2084

Re: Super Nintendo Classic edition

Humans perform so poorly compared to scripts for purchasing : (

A while loop can continually ping a dozen retailer sites for availability ten times a second. Then checkout with a distributed payment and shipping list. I personally wish it weren't so unbalanced.
by taguscove
Mon Sep 18, 2017 10:46 am
Forum: Personal Consumer Issues
Topic: Super Nintendo Classic edition
Replies: 21
Views: 2084

Re: Super Nintendo Classic edition

Perfect storm of a couple things High Demand Not enough supply Re-sellers using bots to purchase up as many units as they can. The re-sellers use their bots to get 20 of those things in their carts before you can even get the page to load. Haha, yeah the bots are a cute use of web scraping and scri...
by taguscove
Mon Sep 18, 2017 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance Deductible
Replies: 4
Views: 596

Re: Auto Insurance Deductible

Across multiple auto insurers, I've been been surprised at how small the insurance cost decreases by raising the collision deductible. I would personally keep the deductible at $500 and seek to completely drop the collision coverage once the car value falls to where you're fine covering for a total ...
by taguscove
Mon Sep 18, 2017 12:11 am
Forum: Personal Consumer Issues
Topic: Manufacturers rebate for Chevy Cruze
Replies: 9
Views: 1313

Re: Manufacturers rebate for Chevy Cruz

Maybe yes, maybe no. it depends.
by taguscove
Fri Sep 01, 2017 6:57 am
Forum: Personal Finance (Not Investing)
Topic: Discover card inquiry about income and liquid assets
Replies: 50
Views: 4631

Re: Discover card inquiry about income and liquid assets

Take a best guess or completely make up numbers if you want. If Discover has a problem, take your business elsewhere. This data is inserted into models on default rates for credit card approval and credit lines. In a related example, I once reversed my name in a credit application (John Smith as "ht...
by taguscove
Fri Aug 04, 2017 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Deciding between retirement and general savings in my 20s
Replies: 28
Views: 3185

Re: Deciding between retirement and general savings in my 20s

Speaking as a fellow finance graduate with a similar background 10 senior. Other than $2-5k cash, try to max your 401k (18k), then the IRA (5.5k) aggressively. Don't put anything into after tax, non-tax preferred investment accounts until then. The reason is that the 401k and IRA provide big tax sav...
by taguscove
Wed Aug 02, 2017 8:43 am
Forum: Personal Finance (Not Investing)
Topic: How far off are Zillow's estimates?
Replies: 82
Views: 8791

Re: How far off are Zillow's estimates?

Speaking as a data scientist, I admire what Zillow is trying to do. They've fit a good model upon the best available data. However, realize that the data comes from multiple sources (mostly public) and is messy. Zestimate won't discover your kitchen renovation, basement addition. It may even get you...
by taguscove
Fri Jun 30, 2017 4:15 pm
Forum: Personal Consumer Issues
Topic: How did you handle the costs of your child's wedding?
Replies: 170
Views: 15780

Re: How did you handle the costs of your child's wedding?

I'm not the parent, but getting married in a month. Parents in-law are paying for the wedding, our parents the rehearsal dinner, and we're paying for breakfast the following day. I would have preferred a low key wedding, but in-law parents wanted something grand. The per-person cost is now at $750....
by taguscove
Thu Jun 29, 2017 1:59 pm
Forum: Personal Consumer Issues
Topic: How did you handle the costs of your child's wedding?
Replies: 170
Views: 15780

Re: How did you handle the costs of your child's wedding?

I'm not the parent, but getting married in a month. Parents in-law are paying for the wedding, our parents the rehearsal dinner, and we're paying for breakfast the following day. I would have preferred a low key wedding, but in-law parents wanted something grand. The per-person cost is now at $750. ...
by taguscove
Wed Jun 21, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Best Practices for Managing Paper Receipts
Replies: 28
Views: 3194

Re: Best Practices for Managing Paper Receipts

Any receipts I receive go immediately to the trash can. 90+% of my dollar value transactions are digital and the remainder aren't large enough to matter.
If it's actually important, I ask the retailer for a copy. About the only receipts I retain are my W2 and annual 1040.
by taguscove
Wed Jun 21, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 6405

Re: What is your car's average cost ownership?

There's so much selective accounting going on. Previous posters are largely estimating long term average depreciation and ignoring many big additional costs of ownership. Total cost of owning a car for most Americans ranges from $4000 to $8000 a year. 2014 Chevrolet volt 1 year cost this year: $ 389...
by taguscove
Mon Jun 19, 2017 4:18 pm
Forum: Personal Consumer Issues
Topic: New Box Spring?
Replies: 22
Views: 1941

Re: New Box Spring?

A box spring's purpose is to provide a flat surface and raise the bed to your preferred height (i.e. sexy time height). If your current box spring does that, a new box spring is not necessary. Many current beds are even designed to remove the need for boxsprings. On a related topic, the mattress ind...
by taguscove
Mon Jun 19, 2017 9:14 am
Forum: Investing - Theory, News & General
Topic: Moving to SF Bay Area, Considering REITs for investments
Replies: 14
Views: 2562

Re: Moving to SF Bay Area, Considering REITs for investments

I agree with what everyone else said. Don't overweight REITs. Just own a diversified stock and bond portfolio.

The reality is that REITS are very loosely correlated to SF housing prices and won't act as a substitute. The REITs are mostly commercial with a heavy emphasis on generating income.
by taguscove
Sun Jun 11, 2017 8:08 pm
Forum: Personal Consumer Issues
Topic: Does anybody else out there still pay for an email address?
Replies: 74
Views: 9809

Re: Does anybody else out there still pay for an email address?

"Email services offered by gmail, yahoo, hotmail, etc. are vulnerable and have been hacked." Anything that interacts with the Internet has the potential to be hacked. Companies that focus primarily on e-mail likely do a better job on securing their mail systems. But don't fool yourself thinking tha...
by taguscove
Wed May 24, 2017 9:25 pm
Forum: Personal Consumer Issues
Topic: Suits: best bang for your buck?
Replies: 64
Views: 16289

Re: Suits: best bang for your buck?

Look to style forum. Suitsupply is a consistent favorite in the below $1000 category. Best suits for $400-600. Jcrew also good but a tier below Jos a banks and men's warehouse are substantially lower quality and value. Dark Navy or charcoal suit is most versatile. Black suits surprisingly have a muc...