Search found 1305 matches

by finite_difference
Sun Jun 16, 2019 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: With hindsight, what signs indicated you were about to lose your job?
Replies: 100
Views: 7354

Re: With hindsight, what signs indicated you were about to lose your job?

nedsaid wrote:
Sun Jun 16, 2019 11:02 am
When you have a meeting for your office suite and an HR representative and the Chaplain shows up.
If the Chaplain showed up, I’d probably have a panic attack as my immediate thought would be that I must be about to die.
by finite_difference
Sat Jun 15, 2019 1:19 pm
Forum: Investing - Theory, News & General
Topic: 5 Million Into Fixed Income
Replies: 37
Views: 5168

Re: 5 Million Into Fixed Income

Wouldn’t muni bonds be the preferred fixed income investment for high net worth/high income? Yes. Depending on financial structure and income, and if or if not in a tax favored space, to help reduce tax burden. What is sometimes strange is this: I know one fellow, recently FIRE, who has about 20 mi...
by finite_difference
Sat Jun 15, 2019 1:13 pm
Forum: Personal Investments
Topic: Arguments for getting more complex than three-fund portfolio? (portfolio review / first post)
Replies: 16
Views: 1320

Re: Arguments for getting more complex than three-fund portfolio? (portfolio review / first post)

In my opinion, the 3-fund portfolio with your desired attributes, 80/20 and 25% international, is going to be really difficult to beat. Maybe you can beat that with some tilts, but what will you end up comparing to, whether you’re ahead or behind? The 3-fund portfolio. So if you enjoy comparing and ...
by finite_difference
Sat Jun 15, 2019 1:05 pm
Forum: Personal Consumer Issues
Topic: Walking Cities, potential for retirees
Replies: 92
Views: 7165

Re: Walking Cities, potential for retirees

DC has a high crime rate, according to a friend who is there frequently for business. Your friend is mistaken. I live in DC. Probably depends on where. Definitely the parts of DC around the White House are really nice as of at least 2010. Although I heard back in the day some of those areas were no...
by finite_difference
Sat Jun 15, 2019 1:03 pm
Forum: Personal Consumer Issues
Topic: Walking Cities, potential for retirees
Replies: 92
Views: 7165

Re: Walking Cities, potential for retirees

Beautiful suburbs of NYC (NY, NJ, CT).

NYC. DC. Boston.

Florence, Italy.

Most European cities.
by finite_difference
Sat Jun 15, 2019 12:57 pm
Forum: Personal Consumer Issues
Topic: Anyone buy Security Cams from Costco?
Replies: 57
Views: 4068

Re: Anyone buy Security Cams from Costco?

I'm planning to buy Ubiquiti Unifi POE security cameras. I upgraded my home network last summer to Ubiquiti get and really like their stuff. +1 for Ubiquiti for the home. It's almost commercial grade but reasonably priced. My network is close to 6 years old, all Ubiquiti gear without an issue in th...
by finite_difference
Sat Jun 15, 2019 12:54 pm
Forum: Investing - Theory, News & General
Topic: 5 Million Into Fixed Income
Replies: 37
Views: 5168

Re: 5 Million Into Fixed Income

Wouldn’t muni bonds be the preferred fixed income investment for high net worth/high income? Yes. Depending on financial structure and income, and if or if not in a tax favored space, to help reduce tax burden. What is sometimes strange is this: I know one fellow, recently FIRE, who has about 20 mi...
by finite_difference
Sat Jun 15, 2019 12:36 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads vs Hedgefunds [or vs. venture capital]
Replies: 29
Views: 1784

Re: Bogleheads vs Hedgefunds

Bogleheads win, of course :)

But the answer may change if you ask on hedgeheads.org.
by finite_difference
Sat Jun 15, 2019 12:24 pm
Forum: Personal Consumer Issues
Topic: (Water Filtration System) Miracle we are all not dead
Replies: 61
Views: 5330

Re: (Water Filtration System) Miracle we are all not dead

I used to say you have no reason to filter water in the United States but ever since Flint I have no idea what to think anymore. That said, I think in general you don’t need to do anything with your water for safety reasons. However if you have hard water you should consider putting in a water soft...
by finite_difference
Sat Jun 15, 2019 12:20 pm
Forum: Investing - Theory, News & General
Topic: How safe are pensions in the U.S.?
Replies: 69
Views: 7087

Re: How safe are pensions in the U.S.?

Public sector pensions are not protected by PBGC. Their relative security varies widely, depending on the location and whether it is a city, county, or state pension. There are several examples of places where promises outstrip the localities ability to pay since they can only raise taxes so far. D...
by finite_difference
Sat Jun 15, 2019 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Article on high deductible health plans - and the math
Replies: 100
Views: 6291

Re: Article on high deductible health plans - and the math

Do you know how much China's universal basic resident healthcare plan for the whole year of 2018 costs? About 29 dollars! For a whole year! IICR don’t the Chinese pay for most of their healthcare out of pocket? There is universal health insurance available but I think not everything is covered. Als...
by finite_difference
Fri Jun 14, 2019 7:07 am
Forum: Investing - Theory, News & General
Topic: How safe are pensions in the U.S.?
Replies: 69
Views: 7087

Re: How safe are pensions in the U.S.?

Public sector pensions are not protected by PBGC. Their relative security varies widely, depending on the location and whether it is a city, county, or state pension. There are several examples of places where promises outstrip the localities ability to pay since they can only raise taxes so far. D...
by finite_difference
Fri Jun 14, 2019 6:53 am
Forum: Personal Consumer Issues
Topic: Toyota Sienna tire replacement at 12k miles
Replies: 65
Views: 3363

Re: Toyota Sienna tire replacement at 12k miles

Is it really that big of a deal for your wife to be caught with a flat tire and have to wait maybe 2 hours at most for roadside assistance? Could you not keep a spare at home and come help her out in the event she has a flat? I know some areas are worse than others but I've had 1 flat in 16 years o...
by finite_difference
Fri Jun 14, 2019 6:41 am
Forum: Personal Consumer Issues
Topic: Which car to buy?
Replies: 29
Views: 2503

Re: Which car to buy?

To the OP: I’d keep your car until 150k miles, and then buy another Lexus. It’s going to be hard to downgrade to a Camry. But keeping your car a little longer will make up for the savings :beer
by finite_difference
Fri Jun 14, 2019 6:35 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 295
Views: 33507

Re: How Bad was 2008, really?

Someone will surely link the thread of fear from back then. It's a different ballgame if you have just retired and half your portfolio appears to go "Poof!" versus your new Roth IRA where $5,000 goes to $2,500. This. Also, losing your job, and not being able to find another one. Or graduating from ...
by finite_difference
Fri Jun 14, 2019 6:32 am
Forum: Personal Consumer Issues
Topic: Which car to buy?
Replies: 29
Views: 2503

Re: Which car to buy?

Which car would make more sense to buy: A. A Toyota Camry for $25k and probably only keep it for 4-5 years because it would be more for practical financial reasons than desire. B. A Lexus RX 350 for $48k and probable keep it for 10-11 years as I would enjoy it much more. I currently own a Lexus IS ...
by finite_difference
Fri Jun 14, 2019 6:19 am
Forum: Investing - Theory, News & General
Topic: John Bogle gives tips for life on Father’s Day
Replies: 15
Views: 3128

Re: John Bogle gives tips for life on Father’s Day

Thanks. Wow, that was a moving article.
by finite_difference
Fri Jun 14, 2019 6:10 am
Forum: Personal Consumer Issues
Topic: Buy Mini-Van Tomorrow or No?
Replies: 59
Views: 3198

Re: Buy Mini-Van Tomorrow or No?

I would kill myself if I had to buy a minivan....so NO! Minivans are awesome if you have kids. And once you have kids, killing yourself is no longer an option! I would get the Pacifica IF it’s the hybrid. Otherwise go Honda/Toyota. EDIT: I bought an Odyssey brand new for $30k. So $30k used for the ...
by finite_difference
Wed Jun 12, 2019 8:12 pm
Forum: Personal Consumer Issues
Topic: 40+% increase in auto policy (GEICO) - normal?
Replies: 66
Views: 3595

Re: 40+% increase in auto policy (GEICO) - normal?

I had the same problem with Geico. Perfect driving record, no claims but every year my rates increased. I switched to Liberty Mutual earlier this year. How much did you save by switching? OP: did you contact Geico to ask about discounts (can also mention you are a shareholder, in some states they h...
by finite_difference
Wed Jun 12, 2019 4:37 pm
Forum: Personal Consumer Issues
Topic: Toyota Sienna tire replacement at 12k miles
Replies: 65
Views: 3363

Re: Toyota Sienna tire replacement at 12k miles

Hi everyone, Are there any Toyota Sienna owners that have had sub-optimal results with the factory run-flat tires? My wife's went to the Toyota dealership recently for an oil change and they said she needs new tires, as hers have worn thin. She only has 12,xxx miles on the car that we bought brand ...
by finite_difference
Wed Jun 12, 2019 8:28 am
Forum: Personal Finance (Not Investing)
Topic: 2015 subaru forester 96k, replace or run into the ground?
Replies: 24
Views: 1978

Re: 2015 subaru forester 96k, replace or run into the ground?

If you keep it, make sure you get the CVT serviced at the dealer as recommended by Subaru. For the 2015 Subaru, you are supposed to do a drain and fill of the CVT fluid at the dealer every 65k miles. Maybe you can go more than that, like 100k miles, but nonetheless I think it’s cheap insurance. At l...
by finite_difference
Fri Jun 07, 2019 8:48 am
Forum: Personal Finance (Not Investing)
Topic: how to deal with people who are not living boglehead way of life
Replies: 45
Views: 2729

Re: how to deal with people who are not living boglehead way of life

I am 36, single guy and consider myself boglehead but i live around people who never heard about boglehead way of life. My question is, what you can you do to help when a person/people close you (family member, friends) keep making financial mistake one after another. Examples, people around me don...
by finite_difference
Sun Jun 02, 2019 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford this 2.3 million dollar home?
Replies: 252
Views: 21365

Re: Can I afford this 2.3 million dollar home?

My rule of thumb:

Monthly house cost (principle, interest, taxes, insurance) = PITI.

Monthly net income after taxes = MNI.

PITI/MNI <= 25%.

It’s a rule of thumb so it’s not perfect. But generally the lower the ratio the less house poor you will feel.
by finite_difference
Sun Jun 02, 2019 11:45 am
Forum: Personal Finance (Not Investing)
Topic: What personal finance metrics do you track?
Replies: 44
Views: 3346

Re: What personal finance metrics do you track?

OP, I only need one metric. My current portfolio size (excluding the home equity) as a multiple of my current annual expense. The number is about 20X now. KlangFool How do you calculate annual expense? Do you roll it up into one number, or separate into categories? Do you track it year over year? W...
by finite_difference
Sat Jun 01, 2019 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to pay for our kid's college (at all)?
Replies: 234
Views: 14564

Re: Can we afford to pay for our kid's college (at all)?

1st year being able to fully fund i401k with $56k, HSA $7k, BD Roth $6k. Since you are investing $62K a year into retirement accounts, you can easily afford to pay for your kid's college expenses. Most people cannot put that kind of money away into retirement accounts. If you paid $25K of $62K for ...
by finite_difference
Sat Jun 01, 2019 8:05 pm
Forum: Investing - Theory, News & General
Topic: [Longevity effects of The Great Depression on investing]
Replies: 25
Views: 1380

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

I had been retired 5 years(62 years old) -fully Bogleheaded ie Global Index Trackers-40% Equities/60% Bonds and Cash Thanks Jack! In the Arabian Desert for 3 weeks over the critical period-no phones,newspapers etc Came back to all sorts of horror stories but the immediate crisis had passed Would I ...
by finite_difference
Sat Jun 01, 2019 8:00 pm
Forum: Investing - Theory, News & General
Topic: [Longevity effects of The Great Depression on investing]
Replies: 25
Views: 1380

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

Yes it was. The Great Depression was longer-lasting than previous depressions , too. Actually the Great Depression lasted 3 years and 7 months (Aug 1929-Mar 1933) but... the Panic of 1873 and the Long Depression was even longer--5 years and 5 months (Oct 1873-Mar 1879) source: https://en.wikipedia....
by finite_difference
Thu May 30, 2019 6:17 am
Forum: Personal Consumer Issues
Topic: $3k for teen club soccer
Replies: 104
Views: 7117

Re: $3k for teen club soccer

I coach soccer where it’s $3k a year to play. Give me details of your kid, are they on the top team? Realistic chance to play in college? How many weeks is practice? How far are the games? Is it ECNL? Not worth it to me unless they are the next big star. He can play at any other club and get exposu...
by finite_difference
Wed May 29, 2019 5:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11008
Views: 1918134

Re: U.S. stocks in free fall

J G Bankerton wrote:
Wed May 29, 2019 5:03 pm
Sell in May and go away? It's almost June, too late. VTI at 142, two buys in one day; next buy at 141.
Are you sitting on a pile of cash and DCAing in via dips?
by finite_difference
Wed May 29, 2019 4:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11008
Views: 1918134

Re: U.S. stocks in freefall

I would recommend people new to the philosophy to go way back in this thread and observe how each time felt like it was important, but then it was forgotten. It's like I quit smoking sooo many times. The market fell sooo many times too. I keep reading. Enjoy the decline! :beer jose Great comment! D...
by finite_difference
Tue May 28, 2019 7:06 am
Forum: Investing - Theory, News & General
Topic: WSJ Article: Think Before You Fish for Bargains in Chinese Stocks
Replies: 50
Views: 3980

Re: Jason Zweig: Countries with faster growing economies of produce lower-not higher-stock market returns

Note, I believe in diversifying internationally, perhaps not to world market cap, but I’m certainly not a 100% US advocate (especially for younger investors). Not sure how to accommodate this info into my world view. It seems to me that if one really believes in market efficiency, then he should st...
by finite_difference
Tue May 28, 2019 6:52 am
Forum: Personal Finance (Not Investing)
Topic: House not selling
Replies: 134
Views: 10323

Re: House not selling

Repaint all walls white. Professionally. But shop around and get a good price from a good painter with glowing reviews. New saleable color really depends on the market. I would say caution about "white", as actual stark white can be too much in its own way. Navajo white, antique white are safely va...
by finite_difference
Tue May 28, 2019 6:41 am
Forum: Personal Investments
Topic: For those of us that can't max contribute
Replies: 74
Views: 6923

Re: For those of us that can't max contribute

Is finding a new job an option? No. I love my job. In general I think the least likely money you'll need will be the 529s. And I think it's wildly optimistic to believe any investments (other than a retirement account match) will beat paying off 5.5% debt. -529 can get you a tax break in some state...
by finite_difference
Mon May 27, 2019 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: House not selling
Replies: 134
Views: 10323

Re: House not selling

Im not exactly sure why the potential buyers were saying worn. It had to have been the paint. There were stains on the walls, slime ( will never buy this again for the kids!), and they were just dirty. I tried the magic scrubs on one wall which just made things worse.There was no actual damage to t...
by finite_difference
Sat May 25, 2019 2:36 am
Forum: Investing - Theory, News & General
Topic: Is the housing market starting to collapse?
Replies: 122
Views: 12385

Re: Is the housing market starting to collapse?

I can think of the following pros/cons of RE (again, California not included): Pros: -Interest rates higher but historically not that high, and look like they won’t rise significantly -Immigration (more demand) -Economy seems stable -REITs received favorable tax treatment. Cons: -SALT deduction capp...
by finite_difference
Sat May 25, 2019 1:49 am
Forum: Investing - Theory, News & General
Topic: Is the housing market starting to collapse?
Replies: 122
Views: 12385

Re: Is the housing market starting to collapse?

GKSD wrote:
Thu May 23, 2019 11:16 pm
Doesn't feel like it in my neck of the woods (southern California). Good homes are going within a weekend, at asking price or higher. Job market is tight and strong, mortgage rates are low. Seems like plenty of demand out there.
When it comes to RE collapse, California doesn’t count. :beer
by finite_difference
Sat May 25, 2019 1:48 am
Forum: Investing - Theory, News & General
Topic: Is the housing market starting to collapse?
Replies: 122
Views: 12385

Re: Is the housing market starting to collapse?

Market still on a roll here in Utah. According to Zillow's estimate, our house is worth 23% more than it was when we bought it a year-and-a-half ago. Yup. We bought for $190k December 2015 and Zillow estimate is now $255k. Does that price include or not include the unconstitutional alcohol permit? ;)
by finite_difference
Sat May 25, 2019 1:36 am
Forum: Personal Consumer Issues
Topic: Windows for Noise Reduction
Replies: 36
Views: 2577

Re: Windows for Noise Reduction

Goal33 wrote:
Fri May 24, 2019 2:58 pm
123 wrote:
Fri May 24, 2019 2:02 pm
I think linux is quieter. Depends on the vintage of your processor and hard drive mostly.
:twisted:
It also depends on your fans. If you have too many, they form a crowd, and that makes a lot of noise when you’re trying to sleep.
by finite_difference
Sat May 25, 2019 1:26 am
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 197
Views: 19937

Re: Bogle "5% Gold"

I invest in stocks and bonds only. I consider gold to be a speculative bet with a volatile, real return of 0% (not counting storage and transaction costs). You can buy a Series I Savings bond that will return 0.5% real with no volatility, no storage costs, and no transaction costs. I suppose if I w...
by finite_difference
Fri May 24, 2019 4:24 pm
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 197
Views: 19937

Re: Bogle "5% Gold"

*Ask a Venezuelan if it is worthwhile to have a little gold. I am a Venezuelan. I do not think that it is at all worthwhile to have a little gold. Venezuelans are NOT using gold as an alternate currency right now, and no Venezuelan would have the faintest clue of what a fair price for a gold coin w...
by finite_difference
Fri May 24, 2019 2:12 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 2024
Views: 149157

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

If I set this up in M1 Finance do I still have to click a button?

Because I don’t want to click a button.
by finite_difference
Fri May 24, 2019 1:00 pm
Forum: Personal Consumer Issues
Topic: New furnace and air conditioner
Replies: 22
Views: 2302

Re: New furnace and air conditioner

I got my first formal quote from the original company. $6,400 for both. 13 SEER AC and 80% efficiency variable speed furnace. Seems reasonable. Another company over the phone said informally, probably $6,500-7,000. The one thing the owner of the company told me that surprised me is that annual "cle...
by finite_difference
Fri May 24, 2019 9:30 am
Forum: Personal Consumer Issues
Topic: Best small AWD to 'drive into the ground'
Replies: 87
Views: 6096

Re: Best small AWD to 'drive into the ground'

The Subaru is the best bet by far for value, reliability and AWD performance. https://www.youtube.com/watch?v=2OzK-oRPCbs Good info if your buying a 2008 model year car.:) In 2016: Mazda is clearly better: https://www.youtube.com/watch?v=2OzK-oRPCbs . After all there is no way a youtube video could...
by finite_difference
Fri May 24, 2019 9:18 am
Forum: Personal Consumer Issues
Topic: Best small AWD to 'drive into the ground'
Replies: 87
Views: 6096

Re: Best small AWD to 'drive into the ground'

These issues didn't turn you off to Subaru? I've been considering a Forester, but I've read about those problems. The premise of this thread is that it is economical to drive an AWD car into the ground. Maybe it is in some environments, but we don't do that anymore. We've driven pre-1995 (pre head ...
by finite_difference
Wed May 22, 2019 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Why Do Homeowners Have Higher Net Worths than Renters?
Replies: 30
Views: 2384

Re: Why Do Homeowners Have Higher Net Worths than Renters?

Statistics show that homeowners have net worths 44x greater than renters. Renting on this site seems to be better sometimes than home ownership and all the costly maintenance / repairs that go with it. But why is net worth still so much higher for homeowners compared to renters? Do you have a sourc...
by finite_difference
Wed May 22, 2019 9:13 am
Forum: Personal Investments
Topic: Federal Gov't Early Retirement?
Replies: 52
Views: 4379

Re: Federal Gov't Early Retirement?

If you retire before age 57, you lose FEHB health insurance forever. The exception would be if your agency happens to offer an early retirement buyout program (VERA), but I think those are few and far between. Since you already have 10 years of service, if you retire at 52 you would still be eligib...
by finite_difference
Wed May 22, 2019 9:09 am
Forum: Personal Investments
Topic: Federal Gov't Early Retirement?
Replies: 52
Views: 4379

Re: Federal Gov't Early Retirement?

Dear Friends, Any Federal Gov't workers here retire early without putting in 30 years? I'm 42, accumulated about 10 years in FERS, and is hoping to retire in about 10 more (if my savings and the markets stay on course). What was your experience like? Did you have to find supplemental health insuran...
by finite_difference
Mon May 20, 2019 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Very High Net Worth, elite private or “good” public
Replies: 278
Views: 17924

Re: High net worth, elite private or “good” public

Get the best education that money can buy if you can afford it. Potentially the highest lifetime returns per dollar spent. :D I generally agree with this, but paying $30k per year for 13 years (K-12) seems like a steep cost to recover, if you can get basically the same thing for free (not really fr...
by finite_difference
Mon May 20, 2019 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Very High Net Worth, elite private or “good” public
Replies: 278
Views: 17924

Re: High net worth, elite private or “good” public

Speaking as a retired professor my belief is that education money is best spent on a great K-12 education. Most parents send their kids to a convenient school for K-12 and then save to pay for an expensive college. The kids who get a great K-12 education will likely do very well in college and late...
by finite_difference
Sat May 18, 2019 10:36 am
Forum: Personal Consumer Issues
Topic: Crazy to Sell a Newer Car for an Older Car?
Replies: 49
Views: 2919

Re: Crazy to Sell a Newer Car for an Older Car?

So you considering selling a car that your parents have paid for to buy a cheaper one and invest the difference? First, there are transition costs so it won't be as lucrative as you think. Second, if I am understanding this situation correctly, IMO this should be your parent's decision. That’s corr...