Search found 1227 matches

by LiterallyIronic
Fri Jul 19, 2019 5:26 pm
Forum: Personal Consumer Issues
Topic: Do you buy cellphone outright or pay over 2 years?
Replies: 102
Views: 4448

Re: Do you buy cellphone outright or pay over 2 years?

Is there any advantage (financial or otherwise) in paying the full cost upfront? Simplicity. I only buy cell phones every six years (2006, 2012, 2018), but I just swipe my credit card for the 1% cash back and be done with it. I'd do the same thing for couches, TVs, or whatever, even if they offered...
by LiterallyIronic
Wed Jul 17, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: No A/C in Office [not a safe work environment]
Replies: 86
Views: 7546

Re: No A/C in Office [not a safe work environment]

Definitely unsafe. People have died in such an environment. Is a work from home arrangement possible until it is fixed? When will it be fixed? That most people are not harmed by this environment or that some people have it worse is not relevant. If only 1 in 1,000,000 people have a negative health ...
by LiterallyIronic
Wed Jul 17, 2019 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: No A/C in Office [not a safe work environment]
Replies: 86
Views: 7546

Re: No A/C in Office [not a safe work environment]

Definitely unsafe. People have died in such an environment. Is a work from home arrangement possible until it is fixed? When will it be fixed? That most people are not harmed by this environment or that some people have it worse is not relevant. If only 1 in 1,000,000 people have a negative health ...
by LiterallyIronic
Fri Jul 12, 2019 9:23 am
Forum: Forum Issues and Administration
Topic: I can't find the edit button
Replies: 4
Views: 342

Re: I can't find the edit button

It's supposed to look like this: https://imgur.com/a/DUv6Twb
by LiterallyIronic
Wed Jul 10, 2019 9:18 am
Forum: Personal Consumer Issues
Topic: Who cuts your hair? And for how much?
Replies: 153
Views: 7989

Re: Who cuts your hair? And for how much?

I have long, luxurious hair. I go to a local "hair school" and they cut it under the supervision and instruction of a licensed stylist. I typically get a straight cut or slightly a-line, so it's not too complicated of a cut (but not something I, or my wife, could do for me properly). Costs $8 for wa...
by LiterallyIronic
Tue Jul 09, 2019 9:41 am
Forum: Personal Consumer Issues
Topic: what was your worst major purchase? mine is a 2019 mazda3
Replies: 182
Views: 15852

Re: what was your worst major purchase? mine is a 2019 mazda3

This has been a fun thread to read (and I feel really bad for StopToThink). For me, the answer has got to be my first undergraduate degree. I started school in 2001, studying Computer Science. Got partway through my sophomore year and hit a wall - I could not handle the material. Took some time off...
by LiterallyIronic
Mon Jul 08, 2019 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Does saving 20% towards retirement starting in your twenties allow you to retire early?
Replies: 144
Views: 13530

Re: Does saving 20% towards retirement starting in your twenties allow you to retire early?

What a stupid chart. Assuming you never want to touch the principal will have you working far longer than you need to. I save 30% of gross and I'm on schedule to retire after 18 years of working, not 28. And that's assuming 4% investment returns before inflation. This doesn’t make any sense. If you...
by LiterallyIronic
Mon Jul 08, 2019 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Does saving 20% towards retirement starting in your twenties allow you to retire early?
Replies: 144
Views: 13530

Re: Does saving 20% towards retirement starting in your twenties allow you to retire early?

check out this chart at Mr.MoneyMustache: https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/ he shows how quick or long it takes to retirement based on savings rates based on: Assumptions: You can earn 5% investment returns after inflation during your sav...
by LiterallyIronic
Thu Jul 04, 2019 10:05 am
Forum: Personal Finance (Not Investing)
Topic: At What Age or Point in your Career did your investments start outweighing your regular paychecks?
Replies: 85
Views: 10906

Re: At What Age or Point in your Career did your investments start outweighing your regular paychecks?

By my calculations, it will never happen. Even when my account balances reach the amount that I want to retire ($600,000), that will generate a monthly growth of $2000 ($600,000 x 0.04 / 12 = $2,000). I add more than that in my own contributions plus employer match. So my retirement account will nev...
by LiterallyIronic
Tue Jun 25, 2019 10:18 am
Forum: Personal Consumer Issues
Topic: what was your worst major purchase? mine is a 2019 mazda3
Replies: 182
Views: 15852

Re: what was your worst major purchase? mine is a 2019 mazda3

This has been a fun thread to read (and I feel really bad for StopToThink). For me, the answer has got to be my first undergraduate degree. I started school in 2001, studying Computer Science. Got partway through my sophomore year and hit a wall - I could not handle the material. Took some time off ...
by LiterallyIronic
Fri Jun 14, 2019 10:32 am
Forum: Personal Consumer Issues
Topic: 40+% increase in auto policy (GEICO) - normal?
Replies: 74
Views: 4608

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

We have Geico and the last time we renewed it went up by like a dollar month. Now we're at about $288 for six months (two drivers; two cars).
by LiterallyIronic
Thu Jun 13, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Is it Wise to Remove Escrow if Bank Allows it?
Replies: 87
Views: 5731

Re: Is it Wise to Remove Escrow if Bank Allows it?

This thread did not go the direction I thought it would. When we got our mortgage, the lender asked if we wanted to handle the taxes/insurance on our own or if we wanted them to do it through escrow. I asked if there was a fee for them to do it and they said there wasn't. So I had them do it. Someo...
by LiterallyIronic
Thu Jun 13, 2019 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Is it Wise to Remove Escrow if Bank Allows it?
Replies: 87
Views: 5731

Re: Is it Wise to Remove Escrow if Bank Allows it?

This thread did not go the direction I thought it would. When we got our mortgage, the lender asked if we wanted to handle the taxes/insurance on our own or if we wanted them to do it through escrow. I asked if there was a fee for them to do it and they said there wasn't. So I had them do it. Someon...
by LiterallyIronic
Mon Jun 10, 2019 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Please critique my budget
Replies: 8
Views: 896

Re: Please critique my budget

It's the "living expenses" that I would critique, but you didn't provide a breakdown of it.
by LiterallyIronic
Mon Jun 10, 2019 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Checks without my account number
Replies: 39
Views: 3955

Re: Checks without my account number

Money orders don't have your account information on them. My bank provides me with money orders and cashier's checks for free - you could check (pun intended) if yours does.
by LiterallyIronic
Fri Jun 07, 2019 12:40 pm
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 7886

Re: What flagship (even used) item is better than a budget new item?

- Building a computer case years ago, I decided to go with a generic power supply, since then, almost every game I play, the computer restarts itself after 30 minutes of playing or so (No, the processor is not overheating). After researching, I decided to go with a quality power supply to provide t...
by LiterallyIronic
Thu Jun 06, 2019 9:19 am
Forum: Personal Consumer Issues
Topic: Company requiring salaried employees to clock in?
Replies: 92
Views: 4861

Re: Company requiring salaried employees to clock in?

I'm in a healthcare setting when my employees are late the patients get upset. In that kind of environment, it makes sense. There are appointments, shifts, etc that need to be met. In the software industry, that doesn't make sense. We have a release going out next week, so we need to finish up a fe...
by LiterallyIronic
Wed Jun 05, 2019 11:13 am
Forum: Personal Consumer Issues
Topic: Are we downsizing too much?
Replies: 63
Views: 4788

Re: Are we downsizing too much?

Jackson12 wrote:
Wed Jun 05, 2019 10:49 am
Some people insist double sinks are a priority in their master bedroom. My spouse and I don’t care a bit about that and our schedules don’t require that we share a sink at the same time.
A sink in a bedroom? That's weird.
by LiterallyIronic
Wed Jun 05, 2019 10:59 am
Forum: Personal Consumer Issues
Topic: Company requiring salaried employees to clock in?
Replies: 92
Views: 4861

Re: Company requiring salaried employees to clock in?

It's a thing. At my previous job as a software developer, we were salaried, but had to clock in/out. If we were ever more than two minutes late clocking in we were "written up" (whatever that means). And we had to have permission to leave more than ten minutes early. And if we worked extra on Day A,...
by LiterallyIronic
Wed Jun 05, 2019 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Would you buy a house without a garage?
Replies: 95
Views: 6049

Re: Would you buy a house without a garage?

I absolutely would and did. Virtually no houses in my neighborhood have garages. If I ever do get my DeLorean though, I intend to build a carport to have a roof to park it under.
by LiterallyIronic
Mon Jun 03, 2019 2:29 pm
Forum: Personal Consumer Issues
Topic: Do you drive old cars for long distance travels?
Replies: 105
Views: 7143

Re: Do you drive old cars for long distance travels?

If your car is at least 10 years old and with 100k miles, do you still use it for long distance travels (more than 5 hours of driving)? Yep. We have a 2001 Dodge Stratus with 185,000 miles and a 2001 Toyota Corolla with 205,000 miles. We drive the Corolla on a 10-hour (one-way) trip at least once a...
by LiterallyIronic
Mon Jun 03, 2019 1:53 pm
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 126
Views: 10271

Re: How did you all do in the month of May, 2019

Contributed $2,000, but ended up with a balance that went down about $2,500, so I guess I went down about $4,500. So down about 5.5% or so with a 91/9 allocation.
by LiterallyIronic
Mon Jun 03, 2019 9:12 am
Forum: Personal Finance (Not Investing)
Topic: What personal finance metrics do you track?
Replies: 44
Views: 3418

Re: What personal finance metrics do you track?

I track every single expense in a spreadsheet. But I don't really do anything with those numbers. I just write them all down. I track how much we've been putting in our Roth IRAs. Though I haven't been tracking how much I put in my 401k. And I track my net worth every month, by checking the balances...
by LiterallyIronic
Fri May 31, 2019 10:33 am
Forum: Personal Consumer Issues
Topic: Windows 10 - May 2019 Update (1903)
Replies: 42
Views: 3699

Re: Windows 10 - May 2019 Update (1903)

If you can now decline updates (not defer them), then that's another hurdle out of the way to finally prying Windows 7 from me. However, I read in the article something about signing into Windows with a phone number rather than a password? Is there no option for neither? To you Win10 users out ther...
by LiterallyIronic
Fri May 31, 2019 10:26 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11060
Views: 1939790

Re: U.S. stocks in free fall

The 3rd option is the worst by far: sideways market for years on end :/ . Sorry, but this is the option that will occur. I finally started being able to invest a respectable amount every year in 2017 because I didn't have sufficient income before that. Market has been sideways most of my career. It...
by LiterallyIronic
Fri May 31, 2019 9:40 am
Forum: Personal Consumer Issues
Topic: Windows 10 - May 2019 Update (1903)
Replies: 42
Views: 3699

Re: Windows 10 - May 2019 Update (1903)

If you can now decline updates (not defer them), then that's another hurdle out of the way to finally prying Windows 7 from me. However, I read in the article something about signing into Windows with a phone number rather than a password? Is there no option for neither? To you Win10 users out there...
by LiterallyIronic
Wed May 29, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to pay for our kid's college (at all)?
Replies: 234
Views: 14880

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

Well, you can't just declare yourself a resident and get in-state rates, and establishing residency as a student for subsequent years is not always that easy (I'm near the MN/IA border and people try it all the time) But, I agree there are states where even out of state tuition is a cheaper option....
by LiterallyIronic
Wed May 29, 2019 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to pay for our kid's college (at all)?
Replies: 234
Views: 14880

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

His kids can also choose to resent him and not talk to him ever again as well. By not helping with college he's basically saying that retiring 1 year earlier, a dream house, and international vacations are more important than [fully paying for] his kids going to college. He doesn't have to pay for ...
by LiterallyIronic
Wed May 29, 2019 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to pay for our kid's college (at all)?
Replies: 234
Views: 14880

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

Let me be clear, I think my parents are insane for these choices and I'm fully prepared to give them my last dollar if they need it at some point in their lives. I don't necessarily think parents are obligated to make sacrifices to that extreme. But you don't get to drive a Porsche and live in a ma...
by LiterallyIronic
Wed May 29, 2019 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford to pay for our kid's college (at all)?
Replies: 234
Views: 14880

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

Let me be clear, I think my parents are insane for these choices and I'm fully prepared to give them my last dollar if they need it at some point in their lives. I don't necessarily think parents are obligated to make sacrifices to that extreme. But you don't get to drive a Porsche and live in a ma...
by LiterallyIronic
Wed May 29, 2019 9:52 am
Forum: Personal Consumer Issues
Topic: What’s the best material for paving driveway?
Replies: 33
Views: 2384

Re: What’s the best material for paving driveway?

Ours is concrete and has cracked like crazy. It's a tripping hazard due to how offset it is. But when we replace it, it's going to be concrete again. Why? Because it's the smoothest surface and therefore the easiest to shovel snow off of. I'd grind the tipping hazards down and live with it for a ve...
by LiterallyIronic
Wed May 29, 2019 9:31 am
Forum: Personal Consumer Issues
Topic: What’s the best material for paving driveway?
Replies: 33
Views: 2384

Re: What’s the best material for paving driveway?

Ours is concrete and has cracked like crazy. It's a tripping hazard due to how offset it is. But when we replace it, it's going to be concrete again. Why? Because it's the smoothest surface and therefore the easiest to shovel snow off of.
by LiterallyIronic
Tue May 28, 2019 11:14 am
Forum: Personal Finance (Not Investing)
Topic: House not selling
Replies: 134
Views: 10463

Re: House not selling

There is only 1 reason why a house isn't selling - the price is too high. Lower the price so that it sells. This. Staging helps, but if you're too high, someone else with a lower priced equal house sells. On the staging side, will people be tripping over kids toys trying to see the house? Consider ...
by LiterallyIronic
Fri May 24, 2019 10:38 am
Forum: Investing - Theory, News & General
Topic: Is the housing market starting to collapse?
Replies: 122
Views: 12596

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. If you're using Zillow to estimate the fair market value of your home, you a...
by LiterallyIronic
Fri May 24, 2019 9:51 am
Forum: Investing - Theory, News & General
Topic: Is the housing market starting to collapse?
Replies: 122
Views: 12596

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.
by LiterallyIronic
Wed May 22, 2019 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: What to do when you have enough?
Replies: 31
Views: 4082

Re: What to do when you have enough?

She asked, "When do you eventually use this money?" 1. When do YOU have enough? 2. Do you think about leaving money behind? 3. Do you think about having some legacy tied to your money? 0. Immediately. You've got one life - live it. 1. As soon as I have 25x my annual expenses , which I believe will ...
by LiterallyIronic
Wed May 22, 2019 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: What to do when you have enough?
Replies: 31
Views: 4082

Re: What to do when you have enough?

She asked, "When do you eventually use this money?" 1. When do YOU have enough? 2. Do you think about leaving money behind? 3. Do you think about having some legacy tied to your money? 0. Immediately. You've got one life - live it. 1. As soon as I have 25x my annual expenses, which I believe will b...
by LiterallyIronic
Wed May 22, 2019 10:07 am
Forum: Personal Consumer Issues
Topic: Inexpensive way to gain weight
Replies: 54
Views: 2372

Re: Inexpensive way to gain weight

I wouldn't know because I'm 128 pounds, but I've heard that eating a big spoonful of peanut butter right before going to bed is a fast-track to putting on weight.
by LiterallyIronic
Tue May 21, 2019 7:28 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11060
Views: 1939790

Re: U.S. stocks in free fall

That sounds like it would change the AA - that’s interesting. I’d like to know how you went from fixed to equity and not change your AA. I addressed the AA question in my earlier post. About 75:25, why? Well, I can't say what you should or shouldn't do, as your reasoning is for you and my reasoning...
by LiterallyIronic
Tue May 21, 2019 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Fair mortgage rate with great credit and 40% down payment?
Replies: 29
Views: 1384

Re: Fair mortgage rate with great credit and 40% down payment?

It's my understanding that rates are not negotiable, to ensure that the lender is within the regulations of the Fair Housing Act or whatever law it is that says they can't give better rates to people of certain race, sex, religion, and so on. That said, my lender said they offer better deals to peop...
by LiterallyIronic
Mon May 20, 2019 10:20 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11060
Views: 1939790

Re: U.S. stocks in free fall

The thread teaches over and over again that a stock market free fall is not a reason to sell stocks. Yes. But it may be a reason to buy stocks, no? To me, the stock market is like Macy's. I buy when there's a sale. To me, the stock market is like gasoline. I buy as much as I need to fill my "tank,"...
by LiterallyIronic
Thu May 16, 2019 4:24 pm
Forum: Investing - Theory, News & General
Topic: Did you buy the 600+ dip last week ?
Replies: 129
Views: 8432

Re: Did you buy the 600+ dip last week ?

This poster does not speak for me. From reading your links, it's hard to get you to speak for you. It looks like a long-winded way of saying you take more money off the table, as your nest egg increases in size. But I didn't see anything that addressed the item that you said "doesn't speak for you"...
by LiterallyIronic
Thu May 16, 2019 1:54 pm
Forum: Investing - Theory, News & General
Topic: Did you buy the 600+ dip last week ?
Replies: 129
Views: 8432

Re: Did you buy the 600+ dip last week ?

Maybe. Not sure if I did or not. I buy four times per month (two 401k contributions and two Roth IRAs contributions). Automated and always on the same day. I think one of the Roth IRA contributions is sometime around the 13th, but I don't remember exactly. I should find out for sure what days they g...
by LiterallyIronic
Thu May 16, 2019 10:07 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11060
Views: 1939790

Re: U.S. stocks in free fall

This seemed as good a time as any to finally bite the bullet and increase my 401k contributions from 10% to 12% of my paycheck (which brings my total investing up to 28% of gross). Maybe after I complete some home improvement projects that are on the docket, I can nudge up to 30%. what a beautiful ...
by LiterallyIronic
Wed May 15, 2019 1:49 pm
Forum: Personal Investments
Topic: How to calculate exactly how much money you'll have by retirement?
Replies: 75
Views: 7866

Re: How to calculate exactly how much money you'll have by retirement?

I use 4% real, and do all calculations in real (inflation adjusted) dollars. I used to use 6%, but scaled back since 2000. Exactly is not possible, but I believe 4% real is conservative enough. Being a little low on the rate of return is safer than too high. I always confuse "real" and "nominal." I...
by LiterallyIronic
Tue May 14, 2019 3:58 pm
Forum: Personal Investments
Topic: How to calculate exactly how much money you'll have by retirement?
Replies: 75
Views: 7866

Re: How to calculate exactly how much money you'll have by retirement?

Historically, 4% real is a conservative, but not overly so, estimate of long-term returns for stocks. In 90% of the historic 30 year periods , stocks had a real return of at least 4.45%. In 80% of 30 year periods, real returns were at least 5%. Bonds' historic returns are far less useful, IMHO, goi...
by LiterallyIronic
Tue May 14, 2019 2:49 pm
Forum: Personal Investments
Topic: How to calculate exactly how much money you'll have by retirement?
Replies: 75
Views: 7866

Re: How to calculate exactly how much money you'll have by retirement?

I use 4% real, and do all calculations in real (inflation adjusted) dollars. I used to use 6%, but scaled back since 2000. Exactly is not possible, but I believe 4% real is conservative enough. Being a little low on the rate of return is safer than too high. I always confuse "real" and "nominal." I...
by LiterallyIronic
Tue May 14, 2019 11:09 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11060
Views: 1939790

Re: U.S. stocks in free fall

Rather than lamenting a one-day 2.5% "loss," why not celebrate, every day, that 300% "gain." Because not all of us got to participate in that 300% gain. I had $0 invested in 2009, 2010, and 2011. I had about $10k invested by 2016, almost all of which would've been contributions. My first year maxin...
by LiterallyIronic
Tue May 14, 2019 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 150
Views: 23830

Re: Cash - Throw it all on the table!!!

I keep an emergency fund of $10,000 sitting in my brick-and-mortar. That should get us by for six months. It's unfortunate that brick-and-mortar only gets me 0.01% annual interest, but having it at the brick-and-mortar is worth the difference that I'd get at Ally. Though T-Mobile's 4% interest accou...
by LiterallyIronic
Mon May 13, 2019 2:37 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11060
Views: 1939790

Re: U.S. stocks in free fall

TomCat96 wrote:
Mon May 13, 2019 12:34 pm
what a beautiful day.
Indeed. Let's keep going! But, I can already predict what's going to happen. It's going to shoot back up the day before my 401k contributions go through.