Search found 922 matches

by finite_difference
Sat Jul 14, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Pay to be in school district or move?
Replies: 20
Views: 997

Re: Pay to be in school district or move?

Food for thought: studies have consistently shown that moving a child from a "poor/low rated" school district to high rated school district had little to no effect on student achievement, test scores, or outcomes of said student. Students in "high rated" school districts have one thing in common......
by finite_difference
Sat Jul 14, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Abundance came late, now I'm overwhelmed playing catch up
Replies: 23
Views: 3454

Re: Abundance came late, now I'm overwhelmed playing catch up

I would recommend an AA of at least 25% stocks. So if you are ultra-conservative, an AA of 25/75. Have you considered delaying SS to 70? That’s an 8% return. How’s your health? The healthier you and your wife are, the more it makes sense to delay. But I am not a social security expert, but think ab...
by finite_difference
Sat Jul 14, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Pay to be in school district or move?
Replies: 20
Views: 997

Re: Pay to be in school district or move?

Those commutes to school are too long, so I’d move.

What’s the difference in school quality between the $700k area and the $1.2 million area? In the latter car I would consider reducing acreage since $1.2 million is a lot of RE.

What about your commute to work?
by finite_difference
Thu Jul 12, 2018 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Abundance came late, now I'm overwhelmed playing catch up
Replies: 23
Views: 3454

Re: Abundance came late, now I'm overwhelmed playing catch up

I would recommend an AA of at least 25% stocks. So if you are ultra-conservative, an AA of 25/75. Have you considered delaying SS to 70? That’s an 8% return. How’s your health? The healthier you and your wife are, the more it makes sense to delay. But I am not a social security expert, but think abo...
by finite_difference
Mon Jul 09, 2018 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: How to "retire" in your 30's article
Replies: 110
Views: 14442

Re: How to "retire" in your 30's article

http://www.cbsnews.com/news/how-marc-hardekopf-retired-in-his-thirties-without-winning-the-lottery/ Not the most informative article but thought I'd share. Since the plan is for his wife to go back to work, I'd consider it a work hiatus and him a stay at home dad instead of retired. I think that's ...
by finite_difference
Sat Jul 07, 2018 6:35 am
Forum: Personal Consumer Issues
Topic: What time do you get up in the morning?
Replies: 138
Views: 8867

Re: What time do you get up in the morning?

On this topic, I just happen to be reading a book (from library) "Why We Sleep" by neuro-scientist Matthew Walker. It is fascinating. Mother nature developed our sleep pattern over 3.5 Million years to renew, refresh and repair our bodies and brains. How sleep deprivation generally 7 hours or less ...
by finite_difference
Wed Jun 27, 2018 4:28 am
Forum: Personal Finance (Not Investing)
Topic: CNBC: Social Security buying power has slipped by a third for retirees
Replies: 95
Views: 6858

Re: CNBC: Social Security buying power has slipped by a third for retirees

Here's another take comparing Joe who starts SS at age 62 and Mary who waits until age 70. Since Joe will be receiving less SS than Mary over his lifetime, he has to make up the shortfall by drawing down his invested equivalent. When he has exhausted that source of income, he will be down to only h...
by finite_difference
Mon Jun 25, 2018 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Stocks vs. rental property
Replies: 101
Views: 9651

Re: Stocks vs. rental property

In my opinion whether you should or shouldn’t do RE is not just a formula. It depends on several different factors: -Does owning RE make you feel safe? Does it make you feel more secure about owning some stocks? -The state of your local RE market. -Do you enjoy all the work behind owning rental prop...
by finite_difference
Mon Jun 25, 2018 2:42 pm
Forum: Investing - Theory, News & General
Topic: New York Times on current yield curve as powerful signal of recession
Replies: 44
Views: 4150

Re: New York Times on current yield curve as powerful signal of recession

+1. The NYT does not have the best track record when it comes to accuracy in their reporting What are the standards and data that you used to support that assertion? Which newspapers would you recommend that have a better track record when it comes to accuracy in their reporting? +2. And @Pajamas, ...
by finite_difference
Tue Jun 19, 2018 8:12 am
Forum: Investing - Theory, News & General
Topic: Bill Bernstein's 8:4:5:3 ratio
Replies: 21
Views: 2781

Re: Bill Bernstein's 8:4:5:3 ratio

Yes, it suggests that if one is going to put forward arbitrary set of numbers that don't have a sound rationale for being exactly what they are, A megacorp where I once worked had an employee benefit that involved some free financial planning advice from a 3rd party firm that had no stake in what i...
by finite_difference
Tue Jun 19, 2018 6:45 am
Forum: Investing - Help with Personal Investments
Topic: I feel like selling my 3 fund
Replies: 57
Views: 7740

Re: I feel like selling my 3 fund

Im thinking I can sell now and get into something more stable until we are at the bottom of a bear market again. I feel like we are at the peak and a downturn is coming. Why go In now and watch my portfolio value decline over the next few years when I can just go in at the next bottom or as close t...
by finite_difference
Tue Jun 19, 2018 6:09 am
Forum: Personal Consumer Issues
Topic: How much car to buy reasonably?
Replies: 86
Views: 5279

Re: How much car to buy reasonably?

I vote used, 4 door Ferrari. :beer
by finite_difference
Wed Jun 13, 2018 8:34 pm
Forum: Investing - Theory, News & General
Topic: Imagine a 10 year, 0%, noncallable loan
Replies: 49
Views: 3105

Re: Imagine a 10 year, 0%, noncallable loan

I would lend $100,000,000.

I would lump sum it into VTSAX.

At the end of each year, I would sell $10,000,000 worth of shares and return it (plus enough to cover capital gains if any.)

At the end of 10 years hopefully I have made a decent amount, but otherwise I would declare bankruptcy. :beer
by finite_difference
Wed Jun 13, 2018 10:52 am
Forum: Personal Consumer Issues
Topic: What To Do About 2001 Honda Odyssey With No AIr
Replies: 16
Views: 1402

Re: What To Do About 2001 Honda Odyssey With No AIr

Very simple: fix the AC. Get it taken for a detail at the same time. Voila, new car!
by finite_difference
Wed Jun 13, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Best Advice You Never Took
Replies: 100
Views: 13664

Re: Best Advice You Never Took

So others that happened to actually followed the advice will have to help validate whether the advice was actually good or not.

I thought of two more:

Take a month or three break after graduating before you start your first job.

Travel the world as much as you can before having kids.
by finite_difference
Wed Jun 13, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Allowance [Giving allowance to child]
Replies: 28
Views: 2262

Re: Allowance [Giving allowance to child]

To the $ in age parents — is that 2018 dollars, and do you do a COLA adjustment??
by finite_difference
Wed Jun 13, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Allowance [Giving allowance to child]
Replies: 28
Views: 2262

Re: Allowance [Giving allowance to child]

I am trying to think about how I developed my sense of responsibility of money. I think it was mainly by observing my parents. I think at some point I got an allowance and at I did lawnwork for the neighbors and got paid. But mainly I just got a little money when I needed it for something, like to b...
by finite_difference
Sat Jun 09, 2018 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Best Advice You Never Took
Replies: 100
Views: 13664

Re: Best Advice You Never Took

Hi Victoria, For fear of sounding like a complete idiot, I think I might have to show this to my daughter who majored in psychology to even understand what you wrote. I know Charlie talks about The Psychology of Human Misjudgment; also known as the "25 Cognitive Biases" and I can find many of those...
by finite_difference
Fri Jun 08, 2018 5:42 pm
Forum: Personal Consumer Issues
Topic: Fitting three young kids in the car...
Replies: 76
Views: 5056

Re: Fitting three young kids in the car...

Odyssey or Sienna, $30k OTD or less. They need to make an EV version though, could pack a lot of batteries into a minivan chassis. Maybe we’ll have to wait for Tesla for that particular innovation. Pacifica Hybrid has been on the market for two years. Exactly what you describe - a plug in electric ...
by finite_difference
Fri Jun 08, 2018 5:35 pm
Forum: Personal Consumer Issues
Topic: What commuter car provides the best long term financial value?
Replies: 84
Views: 6751

Re: What commuter car provides the best long term financial value?

What about reducing your commute from 50 miles one way to under 5 miles?

Saves you $ in gas and depreciation every day, and more importantly reduces your effective working time and increases your leisure time.
by finite_difference
Wed May 30, 2018 9:22 pm
Forum: Personal Consumer Issues
Topic: Fitting three young kids in the car...
Replies: 76
Views: 5056

Re: Fitting three young kids in the car...

Odyssey or Sienna, $30k OTD or less.

They need to make an EV version though, could pack a lot of batteries into a minivan chassis. Maybe we’ll have to wait for Tesla for that particular innovation.
by finite_difference
Fri May 25, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Do I need to reduce monthly debt payments? Auto + House
Replies: 10
Views: 1295

Re: Do I need to reduce monthly debt payments? Auto + House

I'm an engineer, so I take joy in optimizing and micromanaging (I think Bogleheads can relate!). For the Honda car loans, the promotional 1.9% rate only applies to 36 mo loans - It climbs to 2.9% for 37-60 month loans, which will add ~$1000 to the purchase price of the car. It's easier to put a lar...
by finite_difference
Fri May 25, 2018 6:53 am
Forum: Personal Finance (Not Investing)
Topic: I've never budgeted sucessfully
Replies: 59
Views: 5068

Re: I've never budgeted sucessfully

I use to do a budget and keep track of my expenses. I stopped doing this a while ago after my friend made a good argument against it. His argument is essentially the exercise takes too much time and is not needed unless one is spending too much. These days, I use a simpler approach. After I put awa...
by finite_difference
Thu May 24, 2018 5:14 pm
Forum: Personal Consumer Issues
Topic: Best used SUV, Wagon, Hatch, Pickup under $10k
Replies: 34
Views: 3059

Re: Best used SUV, Wagon, Hatch, Pickup under $10k

I vote CRV, RAV4, or Fit. Might have CVT though. Maybe if you can get a manual Forester or Outback, since those also have CVT? Not sure what you have against a good CVT. A manual transmission is not CVT. Subaru automatic transmissions are CVT now, but I don't know what model year that starts, maybe...
by finite_difference
Thu May 24, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: Winter Home - issues/costs?
Replies: 33
Views: 2304

Re: Winter Home - issues/costs?

We bought the timeshare at an ocean front resort in Pompano Beach that we felt we would like to visit every year. It is hard to find ocean front rentals in the winter because that is when the owners want to use the property as well. Also, many of the condo buildings have restrictions on rentals suc...
by finite_difference
Tue May 22, 2018 7:56 pm
Forum: Personal Consumer Issues
Topic: Best used SUV, Wagon, Hatch, Pickup under $10k
Replies: 34
Views: 3059

Re: Best used SUV, Wagon, Hatch, Pickup under $10k

I vote CRV, RAV4, or Fit. Might have CVT though. Maybe if you can get a manual Forester or Outback, since those also have CVT? Not sure what you have against a good CVT.
by finite_difference
Tue May 22, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: How do you stop moving the goal posts.
Replies: 62
Views: 5054

Re: How do you stop moving the goal posts.

How to stop moving goal posts: don’t be like TheTimeLord.
by finite_difference
Mon May 21, 2018 9:25 pm
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 262
Views: 48822

Re: "Why 97% of People Don't Use 529 College Savings Plans."

i don't understand why 529 threads always end up being so long. if you can max out your 401k, that alone puts you in the top 90th percentile of americans. add in maxing the IRA, probably bumps your into 95th percentile. add in maxing a HSA (stealth IRA) and yep, you're 97th percentile now. so if yo...
by finite_difference
Mon May 21, 2018 9:03 pm
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 262
Views: 48822

Re: "Why 97% of People Don't Use 529 College Savings Plans."

Could someone channel college expenses through a 529 to avoid state income taxes? In most states, contributions can reduce income taxes. The strategy would be to have money in it for short time so it does not effect federal student aid. But maybe that would not work? Yes, I think in most(?) states ...
by finite_difference
Mon May 21, 2018 7:14 pm
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 262
Views: 48822

Re: "Why 97% of People Don't Use 529 College Savings Plans."

i don't understand why 529 threads always end up being so long. if you can max out your 401k, that alone puts you in the top 90th percentile of americans. add in maxing the IRA, probably bumps your into 95th percentile. add in maxing a HSA (stealth IRA) and yep, you're 97th percentile now. so if yo...
by finite_difference
Sun May 20, 2018 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: My turn to ask - am I ready for retirement - can I say I'm FI?
Replies: 41
Views: 4793

Re: My turn to ask - am I ready for retirement - can I say I'm FI?

What about working for 1-3 years until your mortgage is paid off? How would that impact your spending needs?

One way to mitigate sequence of return risk is belt tightening. How much are you able to reduce your expenses but still be happy?
by finite_difference
Sat May 19, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Good time to buy a house or wait it out
Replies: 21
Views: 2076

Re: Good time to buy a house or wait it out

Wouldn’t higher mortgage rates and higher property taxes both have a tendency to drive home prices down? But RE is very local and subject to how the local economy is performing (driving local demand) and to local supply (which can be strongly affected by zoning regulations). I would think that urban...
by finite_difference
Sun May 13, 2018 8:04 pm
Forum: Personal Consumer Issues
Topic: Used car, $20K-$25K
Replies: 43
Views: 3963

Re: Used car, $20K-$25K

The genesis is a great car Not sure about your other comment though? Why would you “steer” away from the A4 and 3 series when Audi and BMW have been amongst the most reliable brands over the last few years? https://www.consumerreports.org/car-reliability-owner-satisfaction/car-brands-reliability-ho...
by finite_difference
Sun May 13, 2018 7:58 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 311
Views: 47320

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Wow, my months-long 2018 CR-V vs. RAV4 vs. CX-5 shopping analysis just got narrowed down a bit. Why not get the non-turbo version? Reports are that it actually has the fuel dilution problem too, but not as bad as the 1.5L turbo. Probably involves the direct fuel injection, piston rings, and whateve...
by finite_difference
Sun May 13, 2018 7:54 pm
Forum: Personal Consumer Issues
Topic: 2018 Forester vs CRV vs RAV4
Replies: 130
Views: 14024

Re: 2018 Forester vs CRV vs RAV4

After just a few years with children it is really hard to beat a minivan - in our experience either an Odyssey or Sienna. Just send some time observing the pick-up lines at your local elementary, middle and high school and it will all become clear. It was only a matter of time before one of the min...
by finite_difference
Fri May 11, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: Used car, $20K-$25K
Replies: 43
Views: 3963

Re: Used car, $20K-$25K

To all those who suggested the Genesis: excellent idea. I hadn't thought of this. I'm seeing a lot of them with low miles under $25K. I'll explore this further. After further thought, a 3 Series or A4 doesn't seem like the best choice for me. Nice cars, but maintenance issues and size are steering ...
by finite_difference
Thu May 10, 2018 9:11 pm
Forum: Personal Consumer Issues
Topic: Do we spend too much on food?
Replies: 71
Views: 6325

Re: Do we spend too much on food?

According to the BLS (instead of anecdotes): The portion of a Seattle household’s budget spent on food, 13.6 percent, was not significantly different from the 12.6-percent U.S. average. Seattle-area households spent $5,938, or 58.3 percent, of their food dollars on food at home and $4,240 (41.7 per...
by finite_difference
Thu May 10, 2018 8:07 pm
Forum: Personal Consumer Issues
Topic: Do we spend too much on food?
Replies: 71
Views: 6325

Re: Do we spend too much on food?

According to the BLS (instead of anecdotes): The portion of a Seattle household’s budget spent on food, 13.6 percent, was not significantly different from the 12.6-percent U.S. average. Seattle-area households spent $5,938, or 58.3 percent, of their food dollars on food at home and $4,240 (41.7 per...
by finite_difference
Thu May 10, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: Reccommended Minivans
Replies: 31
Views: 1978

Re: Reccommended Minivans

I'd buy the 2018 Odyssey EX-L in a heartbeat, if we didn't already own the 2016 model. :D It'll run you over $30k, but a couple extra $k won't make a difference in 15 years. :beer I guess the “L” in EX-L is for Leather. I got a 2016 EX new for $30k OTD (could probably get it for less if you are goo...
by finite_difference
Thu May 10, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: How do you quantify the risk differential between 85/15 and 70/30?
Replies: 70
Views: 6032

Re: How do you quantify the risk differential between 85/15 and 70/30?

Don’t forget the behavioral aspect, which is difficult to quantify but can outweigh the rational aspects. For example, I see a lot of members posting semi-gleefully about their optimum 100/0 AA. That’s fine and all, assuming they will be able to stick it out when they see 50% of their portfolio evap...
by finite_difference
Thu May 10, 2018 7:01 am
Forum: Personal Consumer Issues
Topic: Recommendation For Shirts
Replies: 36
Views: 2536

Re: Recommendation For Shirts

livesoft wrote:
Tue May 08, 2018 11:28 am
Check out the underwear while you are shopping, too.
Especially since you have to remember to replace those every year.
by finite_difference
Thu May 10, 2018 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Is it time for me to change jobs or should I stay put?
Replies: 70
Views: 6745

Re: Is it time for me to change jobs or should I stay put?

Make sure your boss knows what your responsibilities are, and all the good work you are doing. What’s the point in doing all that work and not documenting it? I would build a case for a promotion/raise. If you’re not getting a raise every year then you aren’t making a good case for yourself (unless...
by finite_difference
Thu May 10, 2018 6:44 am
Forum: Personal Consumer Issues
Topic: What's the view on dogs running free?
Replies: 110
Views: 5805

Re: What's the view on dogs running free?

livesoft wrote:
Wed May 09, 2018 12:59 pm
So you get the benefit of dog ownership without the costs?

Personally, I don't mind folks walking across my yard as long as I can walk across their yard.
Quid pro quo!
by finite_difference
Tue May 08, 2018 3:54 am
Forum: Personal Finance (Not Investing)
Topic: Is it time for me to change jobs or should I stay put?
Replies: 70
Views: 6745

Re: Is it time for me to change jobs or should I stay put?

Get your resume up to date and apply for some other jobs. Go on some interviews. See what else is out there. Maybe after you interview you may feel differently about your current position. You might want to stay or it might be exciting and make you want to change jobs. That process might help you c...
by finite_difference
Mon May 07, 2018 8:33 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 311
Views: 47320

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

CardinalRule wrote:
Sat May 05, 2018 10:18 am
Wow, my months-long 2018 CR-V vs. RAV4 vs. CX-5 shopping analysis just got narrowed down a bit.
Why not get the non-turbo version?
by finite_difference
Mon May 07, 2018 8:32 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 311
Views: 47320

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

This guy found a way to disable VCM (variable cylinder management) on his Odyssey V-6 Works if you don't mind driving around with the check engine light on all the time. I have successfully disabled VCM on my 2008 Odyssey Touring by pulling the connector off of the rocker arm oil pressure sensor. T...
by finite_difference
Mon May 07, 2018 8:02 pm
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 175
Views: 16811

Re: most compelling TV character ever

unclescrooge wrote:
Mon May 07, 2018 7:57 pm
stlrick wrote:
Sat May 05, 2018 12:43 pm
Jeremy Brett as Sherlock Holmes
+1

Also, Henry Winkler as Fonzie :mrgreen:
For Sherlock I was going to say Benedict Cumberbatch.. ;)
by finite_difference
Mon May 07, 2018 8:00 pm
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 175
Views: 16811

Re:

1. Al Swearengen (Deadwood) 2. Baltimore City (The Wire) 3. Bubbles (The Wire) It’s funny that everyone likes some character on Deadwood. I had to stop watching that show after a couple episodes after they killed every compelling character I cared about :mrgreen: The Wire++. The best show ever made...
by finite_difference
Sun May 06, 2018 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: What career for smartest kid in the class?
Replies: 132
Views: 8607

Re: What career for smartest kid in the class?

I retired from Cardiology 13 years ago at age 54. If I were doing it now, I would choose a career other than Medicine. The average med school debt is $195,000, and we have turned physicians into professional students. If you start med school at age 25 and want to be a Cardiology subspecialist, you ...
by finite_difference
Sun May 06, 2018 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: What career for smartest kid in the class?
Replies: 132
Views: 8607

Re: What career for smartest kid in the class?

1. Cancer research/immunotherapy. 2. Robotics. 3. Aerospace. 4. Quantum computing. 5. Artificial intelligence. 6. Vaccine development (Zika, AIDS, etc.) 7. Antibiotics. 8. Self-driving cars. 9. Electrical and electro-optical engineering. 10. Curing incurable diseases (Parkinson’s, Alzheimer’s, etc.)...