Search found 1044 matches

by finite_difference
Sun Nov 18, 2018 11:33 pm
Forum: Personal Consumer Issues
Topic: Best headphones under 500 bucks
Replies: 56
Views: 4393

Re: Best headphones under 500 bucks

Sony is still making the MDR-V6 after 30 years, which means people are still buying them. Must be a reason. Flat response. Closed back for no leaking sound. Comfortable. Replace the factory vinyl earpads with some Beyer velour pads, and you will be very happy with the sound, comfort, and the left o...
by finite_difference
Sun Nov 18, 2018 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 80
Views: 6887

Re: Weigh in on our Marital Argument =)-- HCOL edition

1. Get a comfy Murphy bed/sofa bed for the living room, and sleep in it when your parents come over. Your parents get your bed. That way our kids do not get impacted. 2. I think you could also afford to upgrade to a 3BR if it’s only ~30% more than your current apartment. 3. I like the idea of you an...
by finite_difference
Sun Nov 18, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Is my husband ready to quit tenured professorship to pursue side hustle?
Replies: 64
Views: 5286

Re: Is my husband ready to quit tenured professorship to pursue side hustle?

Do it because that’s what you want to do, and can afford to do it without earning any money. Do not do it because you expect to earn any money from it.

I find it highly unlikely that you can beat $107k/year guaranteed income (+perks) in perpetuity.
by finite_difference
Fri Nov 16, 2018 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 95
Views: 7785

Re: Finances in NYC

Personally I think the biggest expense is housing. If you can find an affordable place that you like, then you should be able to save more money. But the biggest factor is whether you enjoy the housing and city lifestyle. I love visiting and working in NYC but wouldn’t want to live in the city. Unle...
by finite_difference
Thu Nov 15, 2018 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Accuracy of Zillow/Trulia/Redfin Estimates
Replies: 51
Views: 4391

Re: Accuracy of Zillow/Trulia/Redfin Estimates

They take average per square foot for the market, multiply that number by the square feet of the property and spit out a stupid number. My wife's aunt just recently went into an assisted living home. Her house was sold to the best offer made. Zillow's estimate (zestimate) was $295k. It sold for $13...
by finite_difference
Sun Nov 11, 2018 10:33 pm
Forum: Personal Consumer Issues
Topic: cvt transmissions
Replies: 67
Views: 8936

Re: cvt transmissions

I have a 2009 Nissan Sentra with CVT and have had no problems with it at all. Only issue is some of the normal service intervals seemed more expensive than I expected and the dealership said it was because of whatever normal CVT service they did was more involved. But it has been very reliable and ...
by finite_difference
Sat Nov 03, 2018 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Are Bond Funds Really a Good Investment Now?
Replies: 44
Views: 5023

Re: Are Bond Funds Really a Good Investment Now?

I find it ironic that many worry about a market crash, but simultaneously others worry about their bond fund losing money because of interest rate hikes.

If the market really does experience a huge crash, I would expect those interest rate hikes to be put on hold ;)
by finite_difference
Tue Oct 30, 2018 8:24 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 105994

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Is Chinese capitalism in crisis, as stock market rout drives private companies into the state’s arms? At least 32 companies listed on the Shanghai and Shenzhen bourses sold controlling stakes to the Chinese state as of October 17, six of them to the central government, while 26 were taken over by p...
by finite_difference
Tue Oct 30, 2018 12:06 pm
Forum: Personal Consumer Issues
Topic: How much does a car need to be driven?
Replies: 43
Views: 3613

Re: How much does a car need to be driven?

My car (2015 Subaru Forester) is dead and I'm getting it jumped later today to drive to the dealership for both recharging or replacing the battery and for a 30k-mile service that would normally be due soon (at 27k now). It's dead probably because I've driven it so little ever since moving to a ver...
by finite_difference
Mon Oct 29, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: How much does a car need to be driven?
Replies: 43
Views: 3613

Re: How much does a car need to be driven?

My car (2015 Subaru Forester) is dead and I'm getting it jumped later today to drive to the dealership for both recharging or replacing the battery and for a 30k-mile service that would normally be due soon (at 27k now). It's dead probably because I've driven it so little ever since moving to a ver...
by finite_difference
Mon Oct 29, 2018 7:24 am
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 131
Views: 8529

Re: When to change tires; and what brand

Toons wrote:
Thu Oct 18, 2018 9:53 pm
4/32
Michelin

:happy
+1. Check the reviews on TireRack and order from their or Costco.
by finite_difference
Mon Oct 29, 2018 7:19 am
Forum: Personal Finance (Not Investing)
Topic: Becoming frugal
Replies: 81
Views: 10857

Re: Becoming frugal

Stop vacations. If you live in a nice house, why pay for time away from it? You are paying double when you stay away from home. If you live in a desirable vacation area there are house swapping web sites where you can trade houses with someone in another part of the world for basically free. Obviou...
by finite_difference
Sun Oct 28, 2018 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: Are there any free simulations (like Cfiresim) that use Monte Carlo analyses?
Replies: 5
Views: 716

Re: Are there any free simulations (like Cfiresim) that use Monte Carlo analyses?

Here’s another one that was recently posted here:

http://engaging-data.com/will-money-last-retire-early/

Let’s you add some income/expenses.

What data is needed for the historical stats? Just something like Simba’s Spreadsheet? Monthly/Yearly is Ok? Considering writing my own ;)
by finite_difference
Sun Oct 28, 2018 10:20 pm
Forum: Personal Consumer Issues
Topic: Getting depressed with all this saving. :-(
Replies: 38
Views: 6390

Re: Getting depressed with all this saving. :-(

You have a $100,000 sound system?

The geek in me really wants to know more details ;)
by finite_difference
Sun Oct 28, 2018 5:44 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7875
Views: 1612785

Re: U.S. stocks in freefall

So you retired in 2008, that’s gutsy! 2008 yes. Gutsy no. I was self-employed, working as a consultant for a steel supplier in a General Motors facility. When GM entered bankruptcy, the facility was closed permanently, and my "job" disappeared. I had no plans to retire in 2008, but that's how it ha...
by finite_difference
Sun Oct 28, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 12650

Re: Am I doing well financially?

I think you are doing very well.

Try to max your 401ks and Roth IRAs since after you have kids that will become more challenging with daycare costs, so the more you can do now the better. Traditional 401k contributions also help to reduce your taxes so it won’t be quite as painful as you think.
by finite_difference
Sun Oct 28, 2018 9:01 am
Forum: Investing - Theory, News & General
Topic: Why I'm 100% stocks
Replies: 149
Views: 17232

Re: Why I'm 100% stocks

Classifying mortgage as a negative bond, I am well over 100% in stocks. :beer That is, if you have a mortgage of $100k at 4% and $100k of bonds earning 4%, they would effectively cancel each other out and you would have net 0% bonds. If you have a EF, cash, or whatever, technically you are not 100% ...
by finite_difference
Fri Oct 26, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7875
Views: 1612785

Re: U.S. stocks in freefall

There are two components to my trend following strategy concerning whether to be in or out of stocks. For me to move out of stocks, the unemployment rate must be above its 12 month moving average and stocks must be trading below their 7 month moving average (measured at the end of the month). The U...
by finite_difference
Fri Oct 26, 2018 9:04 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7875
Views: 1612785

Re: U.S. stocks in freefall

Because the success of his IPS requires it. All cash until DOW 16K (correct me if wrong Dan). Also curious how your TSLA short is doing lately. I retired when I was 42. And made lots of money over the last 10 years, 100% stocks. There is no reason to remain in equities. I can live very well on divi...
by finite_difference
Fri Oct 26, 2018 7:21 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7875
Views: 1612785

Re: U.S. stocks in freefall

Today's "bounce back" will be short lived. Pretty soon, the market will roll over and go deep red. Why? There are some known issues like the growth of C.L.O.s, tariffs, Italy, etc. But unless you are betting on the Halloween specter of a full-blown trade war, which I think is unlikely, since that w...
by finite_difference
Fri Oct 26, 2018 7:10 am
Forum: Investing - Theory, News & General
Topic: Teach children to save 10% from day one...?
Replies: 31
Views: 2256

Re: Teach children to save 10% from day one...?

I tried this. I wanted to make it mandatory, but let my kids decide. My daughter followed my advice. She's 22, and has a fair amount of money invested. My son rejected my advice. He is 19, and broke. Too early to tell. I thought it was pretty much pointless to save until I got a real job. If you ar...
by finite_difference
Fri Oct 26, 2018 7:01 am
Forum: Investing - Theory, News & General
Topic: Teach children to save 10% from day one...?
Replies: 31
Views: 2256

Re: Teach children to save 10% from day one...?

I think the teaching to set aside ~10% is a good one. But I have a feeling that money awareness might be one of those things that is more about how you treat money yourself. If your kids realize that you are rich but too frugal they may overcorrect and be a spendthrift themselves (or be too frugal t...
by finite_difference
Wed Oct 24, 2018 9:35 pm
Forum: Personal Consumer Issues
Topic: Need New Refrigerator
Replies: 20
Views: 2257

Re: Need New Refrigerator

The repair would be about $4,000 and the refrigerator is about 30 years old. I do not think it would be worth it at this point. A 30 y/o frig has to be an energy hog of near disbelief! I don't know about sub zero's, but my 26 yr old GE uses $75 per year to run, Hardly disbelief. Tested with a kilow...
by finite_difference
Wed Oct 24, 2018 9:29 pm
Forum: Personal Consumer Issues
Topic: Need New Refrigerator
Replies: 20
Views: 2257

Re: Need New Refrigerator

I recommend GE or Kenmore Elite. You should be able to get a different brand although you may need to do some work to get it to blend in seamlessly?

If it’s 30 years old, it’s definitely worth upgrading for aesthetics, functionality, and energy savings.
by finite_difference
Wed Oct 24, 2018 9:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7875
Views: 1612785

Re: U.S. stocks in freefall

vwgrrc wrote:
Wed Oct 24, 2018 9:11 pm
We have been on cash-heavy side for little while, is this a good time to buy in or should still wait a little bit :confused
“The best time to plant a tree was 20 years ago. The second best time is today.” - Chinese proverb

If you’re worried about further drops, DCA in over time.
by finite_difference
Wed Oct 24, 2018 9:11 pm
Forum: Investing - Theory, News & General
Topic: DFA small value... acitve management?
Replies: 103
Views: 6224

Re: DFA small value... acitve management?

Is “pretension” a typo or deliberate? typo. The 5 factor model is the way to go. Self serving in my opinion. Ignore the dividend factor. It is the value & profitability factors that matter. Momentum is real but can't be exploited. (I had a issue with their arguments) Low Beta is not a factor. Thank...
by finite_difference
Wed Oct 24, 2018 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 51
Views: 5492

Re: Empty nester downsizing - any advice?

Let’s be contrarian. Keep your house and find a good handy man. Pros: 1. Moving sucks, and will only suck more as you get older. 2. Nice to have extra space and stay in the same place if you like the area. 3. If you have annoying/loud neighbors, bed bugs, bufs, whatever, yes you can always move but ...
by finite_difference
Tue Oct 23, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: 50% of Cancer Patients Burn Through Their Life's Savings in Just 2 Years
Replies: 70
Views: 7900

Re: 50% of Cancer Patients Burn Through Their Life's Savings in Just 2 Years

Don't be terrified. It's a very misleading headline and an only slightly less misleading study. JT Seems that way to me as well. It is also true that lifestyle choices greatly affect the chances that we will get many kinds of cancer. Yeah, lifestyle choices like breathing air (which is polluted by ...
by finite_difference
Tue Oct 23, 2018 12:05 am
Forum: Investing - Theory, News & General
Topic: Six stocks make up 98% of S&P 500 gains in 2018
Replies: 100
Views: 15801

Re: Six stocks make up 98% of S&P 500 gains in 2018

linenfort wrote:
Wed Jul 11, 2018 4:38 pm
Never mind that. What are the six for 2019? ______________________
+1.
by finite_difference
Mon Oct 22, 2018 11:54 pm
Forum: Investing - Help with Personal Investments
Topic: Timing the market - Some say it’s possible?
Replies: 44
Views: 2785

Re: Timing the market - Some say it’s possible?

Comparing people who "sell" quality education and common sense logic, to those greedy people who may lie to oversell an inferior product so that THEY can retire using your hard earning money, is not a fair comparison by any means. Of course it is. I compared their intellectual bias, not financial r...
by finite_difference
Mon Oct 22, 2018 9:20 pm
Forum: Personal Consumer Issues
Topic: Quitting w/o notice
Replies: 132
Views: 8661

Re: Quitting w/o notice

So, I don't want to go in alot of detail, but I've made up mind to quit my job. I've been stressed out for the last 4-6 months and having panic attacks, waking up at night, etc. The majority of it is my job and part having to deal with my dad being very sick. I have emergency funds for almost a yea...
by finite_difference
Mon Oct 22, 2018 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: 2019 Expenses > 2019 Income – Help us close the gap
Replies: 101
Views: 5192

Re: 2019 Expenses > 2019 Income – Help us close the gap

Cut expenses by $5k/year and then spend $5k/year from savings. You are a tenured teacher so you are unlikely to lose your job, and when your wife starts working again you can rebuild your savings.
by finite_difference
Sun Oct 21, 2018 8:45 pm
Forum: Personal Consumer Issues
Topic: Why Purchase an Automobile using Premium Gasoline?
Replies: 68
Views: 3084

Re: Why Purchase an Automobile using Premium Gasoline?

Automobiles using regular, unleaded gasoline typically, I think, get better mileage and have comparable torque and acceleration in my experience. Oh really, please tell me any cars that use regular, unleaded that can go 0-60 in less than 4.5 seconds? 2018 Mustang GT Also, 2018 Porsche Cayman GTS — ...
by finite_difference
Sun Oct 21, 2018 3:07 pm
Forum: Personal Consumer Issues
Topic: Why Purchase an Automobile using Premium Gasoline?
Replies: 68
Views: 3084

Re: Why Purchase an Automobile using Premium Gasoline?

Gasoline is a pretty small portion of the TCO. In our case, ballpark, it's maybe 20% of our fully loaded car costs. At least here, the cost difference between regular and premium is about 10%. For a 2% difference in TCO, premium vs regular is pretty far down the list of things I care about. I care ...
by finite_difference
Sat Oct 20, 2018 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: “The Worst Kind of Bear Market”
Replies: 23
Views: 4681

Re: “The Worst Kind of Bear Market”

TIPS don’t work in large taxable accounts due to the taxflation problem Your so-called "taxflation problem" exists in every investment . It is not some special issue with TIPS. In discussions that talk about "the historic returns of the stock market" how often do you see after-tax numbers quoted? V...
by finite_difference
Sat Oct 20, 2018 7:07 pm
Forum: Personal Consumer Issues
Topic: noisy generator
Replies: 60
Views: 4277

Re: noisy generator

Unfortunately, Generac is the Yugo of generators. They spend money on commercials, not on the product. Kohler is the way to go. The engines are quieter and the enclosure is designed to protect the unit from weather while attenuating noise. Looks like they are all the same: "Many central air conditi...
by finite_difference
Mon Oct 15, 2018 10:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard screws up rollover from TSP
Replies: 41
Views: 4452

Re: Vanguard screws up rollover from TSP

I agree that it sounds like Vanguard needs to work to improve their protocols to prevent mistakes.
by finite_difference
Mon Oct 15, 2018 3:19 pm
Forum: Personal Consumer Issues
Topic: How Much Is Your Sewer Bill?
Replies: 78
Views: 4120

Re: How Much Is Your Sewer Bill?

I consume around 235,000 gallons of water per year. How are you using so much water? ~19,500 gallons a month? Showers and lawn watering mostly. I have a shower with 6 heads. My showers typically last 40-60 minutes. Very relaxing and cheaper than regular massages. I water my lawn daily. It looks fab...
by finite_difference
Mon Oct 15, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: Who worries about a bear market in stocks?
Replies: 71
Views: 5846

Re: Who worries about a bear market in stocks?

OP, It is very simple. Those that are not prepared for a bear market worry about the bear market. I have a very simple philosophy in life. If I am worried about something, I would take action to prepare for it. I would not let my worry linger around. It makes my life relatively stress free. KlangFo...
by finite_difference
Sat Oct 13, 2018 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing?
Replies: 103
Views: 9878

Re: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing

Assuming I get good enough by retirement age, I would teach Tai Chi / Kung Fu. 20 students, $100/month average, would hopefully yield about $1k/month assuming 100% overhead (need a space for classes and there will be insurance/taxes.) It’s hard to get that many students though. I would probably be ...
by finite_difference
Sat Oct 13, 2018 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing?
Replies: 103
Views: 9878

Re: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing

Assuming I get good enough by retirement age, I would teach Tai Chi / Kung Fu. 20 students, $100/month average, would hopefully yield about $1k/month assuming 100% overhead (need a space for classes and there will be insurance/taxes.) It’s hard to get that many students though. I would probably be s...
by finite_difference
Tue Oct 09, 2018 7:55 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 295
Views: 19161

Re: Talk me out of buying a Tesla Model 3

Compared to having kids, $75k is not a very big deal. It’s easy to spend $1k/month/kid including daycare.

If your employment situation is stable I think you have no problems affording it.

For $75k I’d also look at the Tesla Model S though.
by finite_difference
Sat Oct 06, 2018 10:20 pm
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11750

Re: “It’s probably wise to sell to the sleeping point.”

Interesting. The 5-10% reduction in stocks would have many here wagging their fingers and chanting “market timing” if someone mentioned doing that in a post. It’s only market timing if you are changing your asset allocation back and forth by 5-10% to try to get higher returns. It’s not market timin...
by finite_difference
Sat Oct 06, 2018 10:11 pm
Forum: Investing - Theory, News & General
Topic: Why TIPS only for unexpected inflation?
Replies: 27
Views: 2630

Re: Why tips only for unexpected inflation?

I was reading up on stagflation and it is apparently caused by a sudden economic shock, like the trade war over oil in the 1970s. I would not call oil a "trade war". Normally a trade war is about a country impeding imports from another country, not about restricting its exports. There was an embarg...
by finite_difference
Sat Oct 06, 2018 9:25 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13784

Re: Correlation between the FIRE movement and one of the greatest bull markets

Sorry if this seems derisive against FIRE proponents, but I just don't see it as possible. I'm in tech and make a good living, hopefully something that continues. However, I briefly went back to school to bone-up on fresh tech, and I used ACA to do so. Even my crappy ACA insurance that did nothing ...
by finite_difference
Sat Oct 06, 2018 9:14 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13784

Re: Correlation between the FIRE movement and one of the greatest bull markets

FIRE is not growing .... what is growing is being a stay-at-home Dad while your wife works and provides employer healthcare benefits, while you blog about it and get income from that and call it all "Early Retirement". True. When Dad does it, Dad calls it “early retirement”, but when Mom does it, D...
by finite_difference
Sat Oct 06, 2018 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 75
Views: 9147

Re: 20 countries where 200K in retirement savings will last you decades

"Technically they say they are places where you need to have $200,000 plus $1,360 in Social Security, giving you about $24,000 a year in spending." Getting past the click bait, many people in the US live on less than this. Sure, but the point is your money might go a lot further elsewhere. For exam...
by finite_difference
Wed Oct 03, 2018 9:30 pm
Forum: Investing - Theory, News & General
Topic: Why TIPS only for unexpected inflation?
Replies: 27
Views: 2630

Re: Why tips only for unexpected inflation?

If inflation turns out to be 5%, the real yield on the bonds would be -2%. What would the real yield on TIPS be? Still 1%? Yes. That's the point- you're exchanging nominal guaranteed returns for guaranteed inflation protection. It's worth noting that the yield is taxable (federally) regardless. Tha...
by finite_difference
Wed Oct 03, 2018 9:25 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13784

Re: Correlation between the FIRE movement and one of the greatest bull markets

Yes, I think there is a strong correlation with the recent bull market and the growing FIRE community, and also with the popularity of a 100% stock portfolio. Also, some areas (California) had a massive real estate boom which also helped FIREees. I don’t know when the next crash will be, but I know ...