Search found 913 matches

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: 2639

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: 7312

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: 85
Views: 4568

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: 2986

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: 1339

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: 13439

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: 2169

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: 2169

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: 13439

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: 4938

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: 6533

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: 4938

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: 1280

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: 4934

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: 3019

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: 2260

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: 3019

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: 4939

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: 48435

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: 48435

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: 48435

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: 4755

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: 2029

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: 3917

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: 278
Views: 39826

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: 13450

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: 3917

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: 6218

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: 6218

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: 1923

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: 5925

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: 2460

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: 6653

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: 5685

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: 6653

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: 278
Views: 39826

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: 278
Views: 39826

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: 16545

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: 16545

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: 8347

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: 8347

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.)...
by finite_difference
Sun May 06, 2018 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Why Shouldn't I Buy McDonalds Or Coke?
Replies: 66
Views: 8449

Re: Why Shouldn't I Buy McDonalds Or Coke?

Here are a few reasons: 1. McDonalds: relies on unskilled labor, which is becoming harder to find. Restaurant competition significantly increasing. Some restaurants are significantly worse than others, indicating their oversight may be declining. Most of the food is very bad for your health and tha...
by finite_difference
Sun May 06, 2018 7:19 am
Forum: Investing - Help with Personal Investments
Topic: Why Shouldn't I Buy McDonalds Or Coke?
Replies: 66
Views: 8449

Re: Why Shouldn't I Buy McDonalds Or Coke?

Here are a few reasons: 1. McDonalds: relies on unskilled labor, which is becoming harder to find. Restaurant competition significantly increasing. Some restaurants are significantly worse than others, indicating their oversight may be declining. Most of the food is very bad for your health and that...
by finite_difference
Fri May 04, 2018 8:29 pm
Forum: Personal Consumer Issues
Topic: Growing Fruit Trees and Shrubs
Replies: 30
Views: 2521

Re: Growing Fruit Trees and Shrubs

I love reading the responses here about folks who manage to grow stuff so well :).
by finite_difference
Fri May 04, 2018 8:22 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Yield Corporate - Another New Low in Dividend
Replies: 19
Views: 4288

Re: Vanguard High Yield Corporate - Another New Low in Dividend

SEC rule 10b-18 was instituted in 1982. Is that just a coincidence? https://www.investopedia.com/terms/r/rule10b18.asp Looks like just a coincidence. SEC rule 10-b-18 is about a corporation or an affiliate repurchasing shares of common stock. The Vanguard High Yield Corporate fund had a higher inco...
by finite_difference
Fri May 04, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: I inherited 1 million dollars, should I open an IRA or keep adding money to this million dollar brokerage account
Replies: 52
Views: 5209

Re: I inherited 1 million dollars, should I open an IRA or keep adding money to this million dollar brokerage account

1 mil buys you 3.3 share of BRKA. No dividend every paid so no cap gain and dividend tax until you sell. After you retired before RMD and SS, convert it to BRAKB and start to sell, keep cap gain a bit below your target tax rate and hopefully zero. Are you kidding? Serious question here. Are you kid...
by finite_difference
Thu May 03, 2018 12:05 am
Forum: Personal Finance (Not Investing)
Topic: Thinking of going "back" to school nearing 40?
Replies: 24
Views: 3096

Re: Thinking of going "back" to school nearing 40?

Go for it!! Especially with 6 months off per year should be quite doable.
by finite_difference
Wed May 02, 2018 11:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Yield Corporate - Another New Low in Dividend
Replies: 19
Views: 4288

Re: Vanguard High Yield Corporate - Another New Low in Dividend

The most recent dividend of $0.02224 per share represents a new low. The dividend appears to have been in a long term decline. The earliest dividend data I have shows the dividend at $0.084 in July 1989. The highest income distribution per share was $0.235 in Jan. 1983. It was the end of the fiscal...
by finite_difference
Sun Apr 29, 2018 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 31878

Re: Those with high savings rate: why?

I grew up in the Rust Belt. As I child I watched families all with stay at home Mom’s and Dad’s who just barely made it out of high school living what was considered a solid middle class life style. This was made possible by the union jobs in the steel mills and manufacturing plants. Then, when I w...
by finite_difference
Sat Apr 28, 2018 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: 300k vs 500k house?
Replies: 32
Views: 4577

Re: 300k vs 500k house?

many great replies here! Yes, life is VERY short, do what suits you, as either choice has cost / benefit. Having traded 30+ properties a few thoughts: 1) Primary house is not always an asset, and can often be a liability (anchor chain) 2) A Radical view... $500k could be spinning off $5k / month an...