Search found 99 matches

by LawyersGunsAndMoney
Fri Feb 15, 2019 4:23 pm
Forum: Personal Consumer Issues
Topic: Milestone Speech Question
Replies: 10
Views: 714

Re: Milestone Speech Question

Keep it short and have something to say. Would avoid trying to be funny. Better to be heartfelt instead. Leave out all of the stuff about the venue's anniversary or you sharing the same month anniversary as your parents. It's too cute by half and not great material. Thank everyone for coming. Remark...
by LawyersGunsAndMoney
Fri Feb 15, 2019 1:26 pm
Forum: Personal Consumer Issues
Topic: visiting Baltimore
Replies: 55
Views: 5137

Re: visiting Baltimore

Your plans are pretty good. There is also a kids museum at Port DIscovery, Inner Harbor. Lived in Baltimore for 6 yeras. The problem with the city for pedestrian tourists is that the "nice" and dangerous neighborhoods aren't well separated. Pockets of good next to pockets of really really bad. And i...
by LawyersGunsAndMoney
Thu Feb 14, 2019 8:52 am
Forum: Investing - Theory, News & General
Topic: Why I Own a Total Market Index Fund
Replies: 43
Views: 5582

Re: Why I Own a Total Market Index Fund

Yes. I occasionally dabble into a stream of thought where I muse at how absurd and radical it is that we've taught ourselves that companies should put shareholders interests first (before employees, the communities they exist in, or society) - but find some solace in the notion that I exist on both ...
by LawyersGunsAndMoney
Wed Feb 13, 2019 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Open personal HSA or use company HSA?
Replies: 32
Views: 1819

Re: Open personal HSA or use company HSA?

I just opened a Fidelity HSA and initiated a Trustee-to-trustee transfer from my active BenefitWallet HSA where pre-tax contributions go.

My plan is to transfer funds 1-2x per year.
by LawyersGunsAndMoney
Sat Feb 09, 2019 3:30 pm
Forum: Personal Consumer Issues
Topic: How many hours do you work and what do you outsource
Replies: 88
Views: 7371

Re: How many hours do you work and what do you outsource

Why are you senior leaders working so much? Don’t you have teams of people to do the work? Your job should be to make decisions, not to do the work. In the heirarchical org structure most companies use, people get promoted to their level of incompetence. When you excel in a role, you get promoted t...
by LawyersGunsAndMoney
Fri Jan 25, 2019 11:28 am
Forum: Personal Consumer Issues
Topic: Skiwear Advice - Columbia/North Face vs. Arc'Teryx/Patagonia
Replies: 55
Views: 2831

Re: Skiwear Advice - Columbia/North Face vs. Arc'Teryx/Patagonia

Getting closer to pulling the trigger. After sleeping on this, I decided to go ahead and make an investment in a piece of winter outerwear that will last me a while and am down to three contenders. Patagonia Powder Bowl has a lifetime warranty, much heavier poly thread than the cheaper Snowshot, tw...
by LawyersGunsAndMoney
Fri Jan 25, 2019 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Implementing a wealth tax
Replies: 64
Views: 3201

Re: Implementing a wealth tax

The biggest implementation barrier would be systems and resources to account for financial assets currently held in off-shore shell companies and other tax avoidance schemes. Easy enough to tax real estate and property - much harder to identify and tax off-shore assets which the tax base in question...
by LawyersGunsAndMoney
Wed Jan 23, 2019 9:31 am
Forum: Personal Consumer Issues
Topic: Button Down Shirts / Travel Pants / Light Jacket? Other Tips from experienced Boglehead world travelers?
Replies: 145
Views: 8929

Re: Men's No-Cotton Travel Pants Suggestions? Other Tips from experienced world travellers?

For me, versatility is key. Unless I'm going on an adventure vacation/safari - I want a travel pant that feels like hiking pants, but that I can wear with a shirt and jacket to dinner. That's how I can get away with only a carry-on for a 10+ day trip. The best I've ever owned are Outlier Slim Dungar...
by LawyersGunsAndMoney
Thu Jan 17, 2019 11:39 am
Forum: Personal Consumer Issues
Topic: What to do this weekend in Tokyo?
Replies: 19
Views: 1457

Re: What to do this weekend in Tokyo?

Some favorites in the Roppongi area are: eat. (Cool hip restaurant with counter seating - good for dining alone) https://www.tripadvisor.com/Restaurant_Review-g1066451-d10402251-Reviews-Eat-Minato_Tokyo_Tokyo_Prefecture_Kanto.html Savoy Pizza. (Featured on David Chang's Ugly Delicious - their garlic...
by LawyersGunsAndMoney
Wed Jan 09, 2019 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Too many credit cards?
Replies: 54
Views: 2836

Re: Too many credit cards?

It's a total no-brainer to turn auto-pay on for the minimum balance. Will prevent the credit-ding, loss of rewards etc. for late payments, and will also send you an email reminder that your payment was made (which serves as an additional reminder to pay your balance in full). As far as your overall ...
by LawyersGunsAndMoney
Mon Dec 17, 2018 3:33 pm
Forum: Personal Consumer Issues
Topic: When has being frugal or cheaping out bit you in the rear?
Replies: 109
Views: 8295

Re: When has being frugal or cheating out bit you in the rear?

First family trip to Disney World (I was a 10 year old kid). We took an Amtrak Train from CT to Orlando, FL (regular seats, no sleeping car) because it was slightly less expensive than flying and my mother (at the time) had a moderate fear of flying. It's like a 30 hour train trip. When we arrived a...
by LawyersGunsAndMoney
Fri Dec 14, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: Will the 2008 recession help avoid severity of the next recession?
Replies: 40
Views: 2609

Re: Will the 2008 recession help avoid severity of the next recession?

A much larger percentage of the US population is aware of how average people felt, how we all think, and what happens during a recession due to forums. Before 08, it was essentially what you read in a book, or saw on TV from a professional. That is more hard to sympathize with and trust than forums...
by LawyersGunsAndMoney
Tue Dec 04, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Small Business Owner 401k Failed Top Heavy
Replies: 12
Views: 1379

Re: Small Business Owner 401k Failed Top Heavy

Other commenters are correct - you need a TPA. Their job will be to help you design a plan that passes compliance testing. My 10-person SMB (consulting) has a 401k eco-system that consists of our TPA, the provider (Fidelity), a Financial Advisor, and our payroll service/PEO. Once you start to accumu...
by LawyersGunsAndMoney
Thu Nov 29, 2018 5:59 pm
Forum: Personal Consumer Issues
Topic: Winter boot recommendation
Replies: 34
Views: 3353

Re: Winter boot recommendation

LL Bean Boots. Iconic style. Either the 6" or 8" if you're just going to wear them at work.

If Chicago has 12 feet deep puddles of frozen slush at every street corner like NYC does after a snowfall, maybe the 8".
by LawyersGunsAndMoney
Thu Nov 29, 2018 1:48 pm
Forum: Personal Consumer Issues
Topic: Guy's Western US Ski Trip - suggestions?
Replies: 44
Views: 2495

Re: Guy's Western US Ski Trip - suggestions?

I'd vote for Park City. Mostly because it is super easy to flyi into to SLC from different parts of the country, and unlike other options which will require a 2+ hour drive once you arrive at airport, you'll be mountainside in 45 minutes. As far as nightlife - DW and I (mid 30s, live in Manhattan) w...
by LawyersGunsAndMoney
Thu Nov 08, 2018 6:09 pm
Forum: Personal Consumer Issues
Topic: Moving to NYC without a job
Replies: 33
Views: 5176

Re: Moving to NYC without a job

As a NYC resident (transplant) for the past 11 years the advice that I give people is not to move here unless you have ample savings and at least 1 of the following 3 things:

1. A job lined up
2. A below-market deal on an apartment lined up
3. A really strong network of friends and family in NYC
by LawyersGunsAndMoney
Wed Oct 10, 2018 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Between Jobs: Obamacare vs COBRA?
Replies: 30
Views: 1661

Re: Between Jobs: Obamacare vs COBRA?

The question would be cost of COBRA plan vs. cost of ACA Exchange plan. COBRA cost will be the full, unsubsidized cost of your employer's health-plan. HR should be able to provide this to you. Should also be aware that employer may change health plans or premiums (ours renews Nov 1st for upcoming ye...
by LawyersGunsAndMoney
Mon Oct 08, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Sellers remorse - selling business
Replies: 44
Views: 4940

Re: Sellers remorse - selling business

Thanks for everyone's thoughtful opinions. I've been on both sides of enough deals to know that we'll pull the trigger and get this one done. It would be expensive and stupid to not close this transaction. All the hard work is done (negotiating, audits, etc) and we're down to pulling together Sched...
by LawyersGunsAndMoney
Fri Oct 05, 2018 5:45 am
Forum: Personal Finance (Not Investing)
Topic: Need Health Insurance (Non-ACA Options)
Replies: 80
Views: 5701

Re: Need Health Insurance (Non-ACA Options)

Have you considered joining a PEO like TriNet or Justworks? You'll be able to buy insurance at a large group rate. We switched to a PEO a few years ago because we were getting killed on the small group health insurance market in NY, and the cost savings have been dramatic (even accounting for the co...
by LawyersGunsAndMoney
Wed Sep 19, 2018 11:22 am
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 26196

Re: What is your single most expensive mistake?

Owning and operating inherited rental properties with family members. Came into the situation with family issues, effort in management was one-sided, and the situation ended up in a court-ordered partition by sale during a time period between the financial crisis and recovery that was sub optimal. L...
by LawyersGunsAndMoney
Wed Sep 19, 2018 11:08 am
Forum: Investing - Theory, News & General
Topic: “Majority of working-age Americans have no retirement savings”
Replies: 73
Views: 4296

Re: “Majority of working-age Americans have no retirement savings”

The percentage of private sector employees with pensions was historically never higher than about one in three. Many people who were near-poor during their working years and didn't save for retirement people continue to work, or take some type of part-time job because they lack sufficient retirement...
by LawyersGunsAndMoney
Thu Aug 30, 2018 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Zelle, online payments
Replies: 53
Views: 4676

Re: Zelle, online payments

You don't use Zelle to transact with people you don't personally know, as (like Venmo and unlike Paypal) there is no meaningful fraud protection.
by LawyersGunsAndMoney
Tue Aug 21, 2018 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Where to buy engagement ring?
Replies: 61
Views: 5023

Re: Where to buy engagement ring?

Prior to the existence of shops like Blue Nile, I would say Diamond District all the way over a local jeweler. These days, prices on Blue Nile and DD are comparable (you may even save with Blue Nile). I would recommend soliciting recommendations from friends rather than just wandering the Diamond Di...
by LawyersGunsAndMoney
Fri Aug 17, 2018 7:53 am
Forum: Personal Consumer Issues
Topic: Best (cheapest) way to book a flight well in advance
Replies: 15
Views: 1749

Re: Best (cheapest) way to book a flight well in advance

Use Google Flights or Kayak to see what flight options are and their prediction about whether fares will rise or fall. If price options are generally comparable, I would choose a direct flight on a major airline that serves your destination frequently over one that only has a few flights to Costa Ri...
by LawyersGunsAndMoney
Tue Jul 31, 2018 10:44 am
Forum: Investing - Theory, News & General
Topic: Are millennials botching their asset allocations?
Replies: 68
Views: 7846

Re: Are millennial botching their asset allocations?

As an "old millennial" (1981) I usually find generational comparisons to be kind of dumb. Show me what Gen X did when they were my age, or Baby Boomers WHEN THEY WERE MY AGE. That's interesting. Survey a few of the 25% of Millennials who are 0% equity and ask them why. Do they even know they are? Ar...
by LawyersGunsAndMoney
Mon Jul 30, 2018 7:27 am
Forum: Personal Consumer Issues
Topic: Two Days on Long Island
Replies: 16
Views: 1618

Re: Two Days on Long Island

Head east. If you have a few days during the week take the train out to Montauk (or East Hampton or Amangansett if you don't want to go all the way out). If a weekend - avoid the insanity and head to Sag Harbor or maybe the North Fork (Greenport, for example). IMO the beaches starting in East Hampto...
by LawyersGunsAndMoney
Fri Jul 27, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Thinking about job change but current job gives 9% salary into 401k..
Replies: 27
Views: 3625

Re: Thinking about job change but current job gives 9% salary into 401k..

Definitely consider the 401k contribution to be part of total compensation! For the past 5 years my firm has had an 8% (of total comp) profit-sharing contribution to our 401ks and we definitely make the point to communicate it in the total comp package to current employees and new hires. Would also ...
by LawyersGunsAndMoney
Thu Jul 26, 2018 8:07 pm
Forum: Personal Consumer Issues
Topic: Figuring out long-term technology plan for kids - Chromebook?
Replies: 43
Views: 2587

Re: Figuring out long-term technology plan for kids - Chromebook?

Bit of a contrarian opinion but I see Chromebook // Kids // Long-Term as a "pick two" scenario.
by LawyersGunsAndMoney
Tue Jul 24, 2018 6:13 am
Forum: Personal Finance (Not Investing)
Topic: Anyone sell their car to Carmax or webuyanycar.com?
Replies: 34
Views: 5285

Re: Anyone sell their car to Carmax or webuyanycar.com?

Several years ago I sold a 16 year old car with just 77,000 miles on it to a private party for $2,000.

Carmax offered me $700.
by LawyersGunsAndMoney
Mon Jul 23, 2018 9:50 am
Forum: Personal Consumer Issues
Topic: Dealing with HOA Notice
Replies: 118
Views: 10206

Re: Dealing with HOA Notice

I don't have any actual advice for you - but thought I'd share an amusing HOA anecdote while you work this out. When I worked on Capitol Hill years ago, fielding calls from angry constituents complaining about this or that, my boss used to say that people loved to complain about government but when ...
by LawyersGunsAndMoney
Wed Jul 18, 2018 1:09 pm
Forum: Personal Consumer Issues
Topic: suit shoe combo?
Replies: 49
Views: 3477

Re: suit shoe combo?

Dear God, no.
by LawyersGunsAndMoney
Wed Jul 18, 2018 8:28 am
Forum: Personal Consumer Issues
Topic: 35 minute connection for flight, long enough?
Replies: 65
Views: 4217

Re: 35 minute connection for flight, long enough?

35 minutes is not enough, and definitely not enough during holiday season.

Your plan to fly direct into ORD and drive for 2 hours vs. connecting and driving for an hour sounds like the right decision.
by LawyersGunsAndMoney
Wed Jul 11, 2018 12:56 pm
Forum: Personal Consumer Issues
Topic: Anyone take naps at work?
Replies: 93
Views: 6199

Re: Anyone take naps at work?

Definitely not. I actually sometimes go to the gym during work hours - more or less the opposite of napping. If I observed any of my team napping during work hours, I'd definitely have a productive convo with them about their workload, hours and home-life. If someone had worked really late the night...
by LawyersGunsAndMoney
Tue Jul 10, 2018 7:03 am
Forum: Personal Investments
Topic: Where do you keep your Emergency Fund?
Replies: 50
Views: 6996

Re: Where do you keep your Emergency Fund?

Our currently sits online at Marcus (formerly Goldman Sachs online bank) and is divided between a true "emergency" fund and things like a fund for expected car maintenance. That said, for the period 2010 until about 2016 when I got married I had the majority of my emergency fund in VTSAX. Thinking a...
by LawyersGunsAndMoney
Mon Jul 09, 2018 11:06 am
Forum: Personal Consumer Issues
Topic: WiFi router
Replies: 46
Views: 4386

Re: WiFi router

I swear by ASUS routers. If you want reliability and quality for cheap - you can get an ASUS AC1900 refurbished from T-mobile on Amazon for like $50.
by LawyersGunsAndMoney
Mon Jul 09, 2018 8:45 am
Forum: Personal Consumer Issues
Topic: What do you pay for home services?
Replies: 55
Views: 3693

Re: What do you pay for home services?

We pay $70 for our cleaning person to clean our 800 sq ft. apartment in Manhattan. It is one of the only things in my life in NYC that I feel is actually pretty reasonably priced.
by LawyersGunsAndMoney
Fri Jun 15, 2018 9:59 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 13278

Re: Which boglehead rule do you break--and are ok with

Most of ours are what I'd call "strategic lifestyle creep" - living in Manhattan in our 30s, combined income of just under $700k (which has nearly doubled in last 3 years), with plans to try for kids in near future and sowing some wild oats with travel prior to that. Namely: 1. I pay to have my car ...
by LawyersGunsAndMoney
Mon Jun 04, 2018 6:32 pm
Forum: Personal Consumer Issues
Topic: Redeeming Credit Card Miles
Replies: 12
Views: 1412

Re: Redeeming Credit Card Miles

Mostly because the value you can get from credit cards rewards is directly proportional to the time and effort you put into the redemption process. For people who don't want to deal with it, you can take the cash. For people who want to apply the 1 cent per point rewards miles to travel-related purc...
by LawyersGunsAndMoney
Fri Jun 01, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Comparing jobs: bonus vs no bonus
Replies: 26
Views: 1929

Re: Comparing jobs: bonus vs no bonus

I would not count the "eligible for" bonus as part of compensation and instead negotiate on base. If you want to ask a pointed question about the company's bonus practices for the past few years you absolutely should - e.g. have they paid bonuses to employees at your incoming level in past years? As...
by LawyersGunsAndMoney
Fri Jun 01, 2018 12:55 pm
Forum: Personal Consumer Issues
Topic: Travel advice for an engineer
Replies: 65
Views: 5051

Re: Travel advice for an engineer

The city of Tokyo in general is a pretty amazing feat of engineering, design and culture. Namely, how you can pack so many people into such a small geographic area and have things function so efficiently. Also, just really damn cool. Adding on to what others have said in terms of physical structures...
by LawyersGunsAndMoney
Wed May 16, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Golden Handcuffs
Replies: 53
Views: 9495

Re: Golden Handcuffs

I've been around this carousel a few times without jumping off. I was fortunate to discover (through self-reflection, talking with mentors, and working with an executive coach) that the vast majority of what was contributing to my itch/ennui was my own mindset. Learning how to change that and doing ...
by LawyersGunsAndMoney
Wed May 02, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: Have you quit eating sugar? Tell me how!
Replies: 129
Views: 12595

Re: Have you quit eating sugar? Tell me how!

I've been Keto for the past 2 years. Went from religiously monitoring macronutrient intake to doing essentially a version of "lazy keto"/Slow-carb where I'll occasionally consume legumes and a few other foods that have carbs but low glycemic indices. Eliminating "sugar" is a good thing, but if your ...
by LawyersGunsAndMoney
Wed Apr 18, 2018 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 13257

Re: Quitting job - what to do if getting walked to the door

Most likely scenario is that HC will continue through end of month, and COBRA docs will either be given to him upon termination or mailed thereafter. Companies can sometimes drag ass on how quickly they mail out COBRA information. Should consider how soon new employer's healthcare will kick in. Fact...
by LawyersGunsAndMoney
Fri Apr 13, 2018 10:40 am
Forum: Personal Consumer Issues
Topic: Farewell gift for office when quitting job?
Replies: 19
Views: 2752

Re: Farewell gift for office when quitting job?

I would not waste time/money on material gifts, but instead spend some time writing a personal note to every individual co-worker in the office about how much you've enjoyed working with them, a fond memory, and something you learned from them/something you've appreciated about their work. Showing g...
by LawyersGunsAndMoney
Mon Apr 02, 2018 11:12 am
Forum: Investing - Theory, News & General
Topic: Why does it seem there are so many bad/poor 401K plans?
Replies: 36
Views: 5069

Re: Why does it seem there are so many bad/poor 401K plans?

Combination of a lot of things. I can only speak from experience in the SMB world. Historically the Vanguard's and Fidelity's of the world didn't compete in the smaller spaces until very recently. Instead you had a plethora of insurance companies touting their experience working with other SMBs, and...
by LawyersGunsAndMoney
Wed Mar 07, 2018 11:03 am
Forum: Personal Consumer Issues
Topic: COBRA grace period concerns
Replies: 17
Views: 3245

Re: COBRA grace period concerns

Yes - it is important to note that taking COBRA and then choosing to cancel it (via non-payment) does not count as a qualifying event if done past 60 days on the ACA exchange, or past 30 for most employer insurances (e.g. being added to a spouse's employer policy). It is also important to note that ...
by LawyersGunsAndMoney
Wed Mar 07, 2018 10:40 am
Forum: Personal Consumer Issues
Topic: Luggage/travel recommendations?
Replies: 54
Views: 4690

Re: Luggage/travel recommendations?

Garment bags are worthless. Learn how to fold a suit jacket properly for packing in a carry-on and you'll be golden. Strongly recommend Briggs and Riley. DW has the Baseline Domestic Spinner (which hasn't posed a size problem in the US nor in Europe, generally) but the slightly smaller, squatter Int...
by LawyersGunsAndMoney
Wed Feb 21, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 42725

Re: What UN-frugal thing do you do?

Vacations & Travel. DW and I are in our 30s, don't yet have kids, and are fortunate to have high incomes. We have been decidedly un-frugal recently with travel, knowing that once little ones come into the picture it will be quite some time before we're able to take these kinds of trips again. Last y...
by LawyersGunsAndMoney
Fri Feb 16, 2018 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 8526

Re: How to get child's skin in the game for college?

I suspect that how a child is raised and the experiences she has during the first 18 years of life will probably a stronger force of her having a "skin in the game' of her own future than whatever type of college plan you concoct. There is nothing wrong with letting her know she'll be on the hook fo...
by LawyersGunsAndMoney
Fri Feb 16, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Laid off ...next steps
Replies: 31
Views: 5918

Re: Laid off ...next steps

Sorry to hear that. On the one hand, 20 weeks severance plus 6 months company-paid COBRA is a pretty decent package compared to what the average joe would get. On the other hand with a PhD in Mech E you're clearly not the average joe and are likely correct that a job search for a relatively high-lev...