Search found 2646 matches

by alfaspider
Thu Jun 04, 2020 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: The payoff for prestigious degree is smaller than you think
Replies: 14
Views: 1203

Re: The payoff for prestigious degree is smaller than you think

See this website: https://theivylie.com The Ivy Lie Shattering the illusion of "elite education" and the mystique of the Ivy League, one unemployment story at a time Weird how much that site focuses on Duke, which is not an Ivy League school. Besides, I would think that most graduates of elite scho...
by alfaspider
Thu Jun 04, 2020 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: The payoff for prestigious degree is smaller than you think
Replies: 14
Views: 1203

Re: The payoff for prestigious degree is smaller than you think

This topic has been debated to death on BH, but that study isn't particularly compelling. As another poster pointed out, 4 years after graduation, many elite school graduates will still be in graduate school. Some studies looking at this exclude students who went to graduate school, which similarly ...
by alfaspider
Thu Jun 04, 2020 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 313
Views: 16474

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

Only if SATs were high school math. I don't have much experience with SAT but I took GRE and finished with maximum score in half time with zero training. Same for my wife who is a dentist. I don't remember GRE touching high school math (maybe junior year?) and I cannot imagine anybody graduating hi...
by alfaspider
Thu Jun 04, 2020 11:42 am
Forum: Personal Consumer Issues
Topic: Where to buy weight plates for home gym?
Replies: 20
Views: 1136

Re: Where to buy weight plates for home gym?

I’m a big fan of Rogue Echo Bumper Plates, not cheap - but more than a fair price considering shipping is included if you buy a set. A lot of people like plates from Titan Fitness. I don’t have any experience with their plates. But I’ve bought plenty of equipment from them - most of it is budget fr...
by alfaspider
Thu Jun 04, 2020 10:48 am
Forum: Personal Consumer Issues
Topic: Older Women Lifting Weights
Replies: 113
Views: 10662

Re: Older Women Lifting Weights

It's been stated before, but I should emphasize that women don't bulk up from lifting weights. When you get to the "pro" levels, maybe. The muscles will get toned, that's about it. Looks good, feels good. That's all you need. It's worth noting that the muscle-bound women you might see on the covers...
by alfaspider
Thu Jun 04, 2020 9:49 am
Forum: Personal Finance (Not Investing)
Topic: 529 Plan Strategy
Replies: 29
Views: 1380

Re: 529 Plan Strategy

Klang, the 529 is nothing but a tax play. Don't think of it as college savings specifically but as part of your overall tax planning strategy. If you are already maxing out 401k, Roth, and HSA, then it's additional tax advataged space for expenses you are very likely to incur anyways. It's not risk...
by alfaspider
Thu Jun 04, 2020 9:38 am
Forum: Personal Finance (Not Investing)
Topic: 529 Plan Strategy
Replies: 29
Views: 1380

Re: 529 Plan Strategy

My wife and I are expecting our first born any day now. We're both mid-late 30s with no debt (planning to purchase a home with 15-20% down within the year), 6 month emergency fund, in the 24% tax bracket, contributing each paycheck to 401k plans. We're trying to settle on a contribution to our chil...
by alfaspider
Thu Jun 04, 2020 9:22 am
Forum: Personal Finance (Not Investing)
Topic: 529 Plan Strategy
Replies: 29
Views: 1380

Re: 529 Plan Strategy

Better to contribute early if you can. There are other accounts and other ways to shelter gains, so it is not like we wasted money by not contributing to 529 plans. Also don't forget that 529 plans didn't always exist. Of course. That's why I stated that 529s are last in line before taxable contrib...
by alfaspider
Thu Jun 04, 2020 9:09 am
Forum: Personal Finance (Not Investing)
Topic: 529 Plan Strategy
Replies: 29
Views: 1380

Re: 529 Plan Strategy

We had 529 plans for our children and our college expenses for them are behind us. We didn't start contributing to 529 plans until they got to junior high. Things worked out rather well. Unless you have a state deduction, the benefit is a lot more limited if you wait until the kids are older as you...
by alfaspider
Thu Jun 04, 2020 8:47 am
Forum: Personal Finance (Not Investing)
Topic: 529 Plan Strategy
Replies: 29
Views: 1380

Re: 529 Plan Strategy

Agreed that 529s should be last to be funded after retirement, but I do fund 529 before taxable. Our strategy is to contribute agressively until we hit our target and then stop- front loading contributions. We've hit the target for kid #1 and are only contributing to kid #2 now. Don't lose sight of ...
by alfaspider
Thu Jun 04, 2020 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Selling wife's 1-year old car?
Replies: 86
Views: 5697

Re: Selling wife's 1-year old car?

Leasing would be a false economy. You'd improve cash flow now, but you'd recognize a depreciation hit on the Mazda and be car shopping again in 3 years. You'd still have a payment while the Mazda would be paid off by then. Focus on total vehicle lifecycle costs, not just what a car costs you at the ...
by alfaspider
Thu Jun 04, 2020 8:19 am
Forum: Personal Consumer Issues
Topic: Where to buy weight plates for home gym?
Replies: 20
Views: 1136

Re: Where to buy weight plates for home gym?

I would consider spending a bit more if you can to get a set of bumper plates. They are really nice for any lift that starts on the floor as you get consistent size throughout the weight range. Also allow you to dump the weights without damaging things. Best if you have a local vendor for such thing...
by alfaspider
Wed Jun 03, 2020 1:09 pm
Forum: Personal Consumer Issues
Topic: Older Women Lifting Weights
Replies: 113
Views: 10662

Re: Older Women Lifting Weights

I am in my early 40s and I exercise regularly. But this week I wanted to get ambitious as not only did I picked up heavier weights for leg exercises but then I added a resistance band on top of it. Well I hurt my sciatic nerve so bad that I could not move my left leg for two days. DH had to carry m...
by alfaspider
Wed Jun 03, 2020 11:22 am
Forum: Personal Consumer Issues
Topic: First Model Year Acura
Replies: 18
Views: 1088

Re: First Model Year Acura

You have to consider the mechanicals when evaluating a "first model year." Is it just a body redesign, a slight power train revision, or a ground up redesign? A body redesign shouldn't present many first model year problems. A ground up redesign will probably have a few kinks. Just relying on brands...
by alfaspider
Wed Jun 03, 2020 9:02 am
Forum: Personal Consumer Issues
Topic: Older Women Lifting Weights
Replies: 113
Views: 10662

Re: Older Women Lifting Weights

I've been lifting weights for decades. Regarding soreness. It's unnecessary. It just means you're working out too hard for your current physical condition. Like holding too much equity. Back off. Take it slow. Most importantly don't get hurt. That's like panic selling during a market crash. Disagre...
by alfaspider
Tue Jun 02, 2020 2:58 pm
Forum: Personal Consumer Issues
Topic: Home Defense against the Horde
Replies: 38
Views: 2146

Re: Home Defense against the Horde

An appropriate yard sign might offer more protection than any firearm.
by alfaspider
Tue Jun 02, 2020 1:13 pm
Forum: Investing - Theory, News & General
Topic: Why is the stock market up? [thread multi-merge]
Replies: 315
Views: 16445

Re: Why the heck is the market up?!?!

nobody knows. to that end... some good news: New coronavirus losing potency, top Italian doctor says: “In reality, the virus clinically no longer exists in Italy,” said Alberto Zangrillo, the head of the San Raffaele Hospital in Milan in the northern region of Lombardy, which has borne the brunt of...
by alfaspider
Tue Jun 02, 2020 12:45 pm
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 174
Views: 13209

Re: If Jeep has such poor reliability, how come they are everywhere?

This may blow the minds of Bogleheads everywhere, but some people buy cars for reasons other than reliability :shock:
by alfaspider
Tue Jun 02, 2020 12:39 pm
Forum: Investing - Theory, News & General
Topic: Why is the stock market up? [thread multi-merge]
Replies: 315
Views: 16445

Re: Why the heck is the market up?!?!

nobody knows. to that end... some good news: New coronavirus losing potency, top Italian doctor says: “In reality, the virus clinically no longer exists in Italy,” said Alberto Zangrillo, the head of the San Raffaele Hospital in Milan in the northern region of Lombardy, which has borne the brunt of...
by alfaspider
Tue Jun 02, 2020 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 313
Views: 16474

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

I compare what I see my kid is working on, and what my friends with older kids in public schools are telling me with what my wife and me learned as children, my friends' kids are doing either in private schools or in public schools in other countries. I see huge differences. For example my kid is n...
by alfaspider
Mon Jun 01, 2020 3:02 pm
Forum: Personal Consumer Issues
Topic: Can I use my pressure washer compressor for a pneumatic nail gun?
Replies: 24
Views: 1723

Re: Can I use my pressure washer compressor for a pneumatic nail gun?

I'd spend the money on a HF compressor. https://harborfreight.com/1-3-hp-3-gallon-100-psi-oilless-air-compressor-97080.html Or spend more money for a smaller, better compressor. https://harborfreight.com/1-gallon-135-psi-ultra-quiet-hand-carry-jobsite-air-compressor-64592.html https://harborfreight...
by alfaspider
Mon Jun 01, 2020 10:15 am
Forum: Personal Consumer Issues
Topic: Selling a house - should it be staged or left empty?
Replies: 48
Views: 4063

Re: Selling a house - should it be staged or left empty?

I think the best tactic for most is declutter and "stage" with the furniture you already have. That being said, when we sold our house, feedback and interest seemed to improve quite a bit AFTER we moved out and left the house empty while number of showings stayed consistent. I did briefly look into ...
by alfaspider
Fri May 29, 2020 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage rates headed lower?
Replies: 69
Views: 7296

Re: Mortgage rates headed lower?

My guy was in and out in less than 15 minutes when we did that 3.5 weeks ago. We even had some kind of covid disclosure in ours. I'd spend this time as often as needed to save a $125 a month on interest. I’m jealous. Mine took 90 minutes at my kitchen table and a hand cramp by the end of it. My ful...
by alfaspider
Fri May 29, 2020 11:14 am
Forum: Personal Investments
Topic: Buying Voo - Robinhood or Vanguard?
Replies: 41
Views: 1625

Re: Buying Voo - Robinhood or Vanguard?

The argument for Robinhood has been largely taken away now that major brokerage offer commission free trades. As others have stated, they've played fast and loose in some respects and I'm not sure how much I'd trust them.
by alfaspider
Fri May 29, 2020 11:12 am
Forum: Investing - Theory, News & General
Topic: Economy and The Markets
Replies: 36
Views: 2149

Re: Economy and The Markets

I looked up real returns sp 500 from March 2000 to March 2020 and saw real returns before dividends were 0.9% and 2.8% real with dividends reinvested. Would this be appropriate benchmark for the following 20 years? Picking two arbitrary dates doesn't really tell you much. It doesn't hurt to plan fo...
by alfaspider
Fri May 29, 2020 11:01 am
Forum: Personal Consumer Issues
Topic: New iPhone SE?? has anyone bought and used one?
Replies: 28
Views: 1981

Re: New iPhone SE?? has anyone bought and used one?

My wife has one. It replaced her iPhone 8 which was just a temporary (used) solution from her OG iPhone SE. It's faster and gets better reception on Tmo due to added bands, but otherwise indistinguishable from an 8. Not a game changing phone but it's exactly what an SE should be - state of the art ...
by alfaspider
Fri May 29, 2020 10:16 am
Forum: Personal Consumer Issues
Topic: Car Issues - No Oil
Replies: 52
Views: 3062

Re: Car Issues - No Oil

We have a 2006 Volvo S40. It has drunk oil for at least 10 years, so we're always putting oil in it. Well, we're driving a whole lot less in the last 2 months, and it's been 100 degrees, and DH apparently forgot to keep tabs on the oil -- he drove off tonight and the car died after a block (he didn...
by alfaspider
Fri May 29, 2020 10:10 am
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 124
Views: 6719

Re: Tips to stick to a weight loss diet?

As others have said, there are many many ways weight loss can work. At the end of the day, it is calories in/calories out, but there's different ways to balance the equation. 1) You can just eat a lot less but still eat junk. It's possible to lose weight eating nothing but candybars. But you would b...
by alfaspider
Fri May 29, 2020 9:50 am
Forum: Personal Consumer Issues
Topic: Car Issues - No Oil
Replies: 52
Views: 3062

Re: Car Issues - No Oil

We have a 2006 Volvo S40. It has drunk oil for at least 10 years, so we're always putting oil in it. Well, we're driving a whole lot less in the last 2 months, and it's been 100 degrees, and DH apparently forgot to keep tabs on the oil -- he drove off tonight and the car died after a block (he didn...
by alfaspider
Fri May 29, 2020 9:11 am
Forum: Personal Investments
Topic: Overpay for the home we love?
Replies: 62
Views: 4718

Re: Overpay for the home we love?

I might consider it if there were no agent fees and you were refunded the difference. It's absolute robbery if the leasing agent is charging a full listing commission when there's no need to even show the house or put it up on the MLS. Moreover, the agent would be collecting both sides of the deal, ...
by alfaspider
Thu May 28, 2020 5:32 pm
Forum: Personal Investments
Topic: 30 year investor - never understood Dividend hoopla
Replies: 20
Views: 1369

Re: 30 year investor - never understood Dividend hoopla

If the company can use their cash to increase their share price at greater than a 1:1 ratio, I would rather have them do it. Otherwise, I would rather they sent the cash to me. <-- THIS Does Berkshire Hathaway holding on to billions in cash, and not paying a dividend benefit the shareholder? I can ...
by alfaspider
Thu May 28, 2020 1:18 pm
Forum: Personal Consumer Issues
Topic: The Pros and Cons of sitting on an iPhone 11 Pro
Replies: 41
Views: 3032

Re: The Pros and Cons of sitting on an iPhone 11 Pro

atikovi wrote:
Thu May 28, 2020 1:07 pm
You mean if people can see your phone they are more likely to steal it? And why just women?
Whooosh!
by alfaspider
Thu May 28, 2020 11:35 am
Forum: Personal Investments
Topic: Thoughts on investing in Pre-IPO Companies?
Replies: 17
Views: 795

Re: Thoughts on investing in Pre-IPO Companies?

These types of "investments" are mostly akin to buying lottery tickets. If you find it a fun activity, go ahead, but don't invest any amount you wouldn't be fine with never seeing again.
by alfaspider
Thu May 28, 2020 11:17 am
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 124
Views: 6719

Re: Tips to stick to a weight loss diet?

Agreed on those that recommend overall healthy lifestyle changes over a "diet." You will return to your prior weight (or higher) whenever you go off a "diet", so you can't have the mentality that you will diet for some period of time and then be finished once you hit some target weight. On a separat...
by alfaspider
Wed May 27, 2020 12:46 pm
Forum: Personal Consumer Issues
Topic: New TVs with built-in Roku
Replies: 51
Views: 2482

Re: New TVs with built-in Roku

One reason to use an external unit is for the best possible sound. Using a receiver as the hub, it would process all those surround sound signals then route them to various speakers along with video for the TV. Not necessary. My TCL with built in Roku has an audio return channel that outputs to my ...
by alfaspider
Wed May 27, 2020 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Simple jobs during FATFire?
Replies: 152
Views: 9906

Re: Simple jobs during FATFire?

This question gets posted over & over (search Barista FIRE to find other threads) and I think it's so patronizing. Don't you think if there were low stress, mentally stimulating, part time jobs that provided health insurance that the hundreds of thousands of unemployed people in our country would b...
by alfaspider
Wed May 27, 2020 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage rates headed lower?
Replies: 69
Views: 7296

Re: Mortgage rates headed lower?

The jumbo market is completely different from the conforming loan market as private securitization are used vs FNMA and FHLMC doing most of the securitization on conforming loans. I have seen headlines about issues with the jumbo market, but I really haven’t researched the issue. Yep. The governmen...
by alfaspider
Wed May 27, 2020 12:22 pm
Forum: Personal Consumer Issues
Topic: New TVs with built-in Roku
Replies: 51
Views: 2482

Re: New TVs with built-in Roku

Either there's a bunch of confirmation bias going on or y'all need to get your eyes checked. Or maybe it's cheaper if you don't. :) I can tell the difference between the Vizio in the bedroom and the one in the basement (both are 65" 4k LED backlit units). The Samsung in the front room is better tha...
by alfaspider
Wed May 27, 2020 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage rates headed lower?
Replies: 69
Views: 7296

Re: Mortgage rates headed lower?

The jumbo market is completely different from the conforming loan market as private securitization are used vs FNMA and FHLMC doing most of the securitization on conforming loans. I have seen headlines about issues with the jumbo market, but I really haven’t researched the issue. Yep. The governmen...
by alfaspider
Wed May 27, 2020 11:10 am
Forum: Personal Consumer Issues
Topic: New TVs with built-in Roku
Replies: 51
Views: 2482

Re: New TVs with built-in Roku

Just wondering. No immediate plan to buy but I like to keep up with the current state of the art. Buying a TCL TV is kind of in contradiction with state of the art, I mean, that low end quantum dot tech is so 2015ish. And a $25 to $100 Roku is hardly state of the art. Honestly, I'd be more worried ...
by alfaspider
Wed May 27, 2020 10:45 am
Forum: Personal Consumer Issues
Topic: What will you NOT buy online?
Replies: 94
Views: 6061

Re: What will you NOT buy online?

WoodSpinner wrote:
Tue May 26, 2020 5:44 pm
OP,

We had an awful experience buying a Mattress online, never again.

WoodSpinner
I've bought two online and been very happy. Granted, one was for a 3 year old, so I doubt he'd complain about it.
by alfaspider
Wed May 27, 2020 10:25 am
Forum: Investing - Theory, News & General
Topic: This article is scaring me. [Roubini predicting depression]
Replies: 109
Views: 11756

Re: This article is scaring me. [Roubini predicting depression]

Why would Roubini predicting a depression scare you? He's never not predicting a recession or depression. There's a reason why people call him "Dr. Doom." I can't figure out why people are so gullible for permabears. Predict a downturn long enough and EVENTUALLY you will be right, but that doesn't m...
by alfaspider
Tue May 26, 2020 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Worst House on the best block?
Replies: 52
Views: 4340

Re: Worst House on the best block?

I think this is generally a decent strategy, with some caveats. You want to make sure it’s on a decent lot. The cheapest house is usually priced around lot value, so you don’t want a lot that is compromised (busy street adjacent, unusually small, etc.) You may not want the absolute cheapest, but a n...
by alfaspider
Tue May 26, 2020 10:55 am
Forum: Personal Consumer Issues
Topic: Discarding Music CDs
Replies: 97
Views: 6452

Re: Discarding Music CDs

You may not have an opportunity to listen to them in the future unless you download them yourself. I suspect that in several years, CD drive ports will go away completely. Safe to say, I think you'll be able to find most music somewhere. Carmakers are doing away with CD players on cars (my 2018 Vol...
by alfaspider
Tue May 26, 2020 10:53 am
Forum: Personal Consumer Issues
Topic: Discarding Music CDs
Replies: 97
Views: 6452

Re: Discarding Music CDs

You can join/pay to read the Audio Engineering Society (AES) papers that document/prove that there are test results with statistical significance that people can discern lossy/MP3 formats to hi-res formats (above 16/44). If you can't - cool. Stuff your ears with the earbuds and fold socks while roc...
by alfaspider
Tue May 26, 2020 9:01 am
Forum: Personal Consumer Issues
Topic: Alternatives to Craftsman Tools
Replies: 98
Views: 6297

Re: Alternatives to Craftsman Tools

Maybe I'm just lucky, but I think this vastly overstates the quality of U.S. Made and vastly understates the quality of Chinese products.merits. Maybe a can open is a bad example. My $30 Harbor Freight Backpack sprayer lasted 1 season before leaking at the seals. My $100 King Backpack sprayer is in...
by alfaspider
Fri May 22, 2020 8:51 am
Forum: Personal Consumer Issues
Topic: Alternatives to Craftsman Tools
Replies: 98
Views: 6297

Re: Alternatives to Craftsman Tools

My aunt has a microwave she bought in the '70s. It still works to this day. She also paid hundreds of dollars for it (I want to say the first consumer microwaves were like $1,000) and this was in the '70s. Now, I can get a functional microwave for $40 at Walmart. Is it going to last for 50 years? N...
by alfaspider
Thu May 21, 2020 10:55 am
Forum: Personal Consumer Issues
Topic: Frequency of bike overhaul or tune up
Replies: 29
Views: 1687

Re: Frequency of bike overhaul or tune up

djpeteski wrote:
Thu May 21, 2020 9:12 am


Another thing i find on my bike is that the bolts holding the water bottle holders tend to come lose, Its a pain if the come undone during a ride. So i check those as part of my safety checks.
Use locktite- it's specifically designed to prevent fasteners from coming loose due to vibration.
by alfaspider
Thu May 21, 2020 10:43 am
Forum: Personal Consumer Issues
Topic: Do you dislike recurring billing for gyms?
Replies: 68
Views: 3428

Re: Do you dislike recurring billing for gyms?

I autopay all my bills, so gyms are just one more. On one hand, autopay can be dangerous because you can forget about all the little charges billed monthly and totally blow your budget. There is also the risk of over charge. On the other hand, manually paying bills would get extremely tedious and c...
by alfaspider
Thu May 21, 2020 10:34 am
Forum: Personal Consumer Issues
Topic: Discarding Music CDs
Replies: 97
Views: 6452

Re: Discarding Music CDs

Speakers ------------------------>Room acoustics---------------->Source Quality--> Amplifier/DAC ---------------------------------------------------->Analog cables------------>Lossy vs lossless compression format---------------------------------------------------------------------------------> Digi...